The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1875-01-21


confidence, the Times the same morning
edItorially remarked "The names al.
tached 10 the communication shows
how keenly our people appreciate the
void accustomed by the suspension OF the
First National Bank. Among the num-
Der are those representing all the lead
ing interests Ut our city. The list en-
braces merchants, Wholesale and retail
manufacturers. packers. commission and
grain men, professional men, capitalists
and, be ii said 10 their or, dit. all The re-
naming banks at the city. 1t Is unit
ed, harmoniou. and spontaneous ex-
preston OF he business Interests of Kan
>as City, assuring The officers aud stock
holders ct our former leading financial
institution of the hearty and profound
'pfrvcial Oh the people of Kansas CITY
iecl Tor its services IN the past, and Of
herr continued esteem and confidence in
First National Bank. II il such trib-
ute as any institution might feel proud
of and grateful for, ana such one a.
should ihcite its officers To greater exer-
lions and effortS than could be expected
had u different spin, been manifested.
This practically settled all question a.
Ia the speedy re opening oi Toe First
National. On he l2ih ct Decrm Der the
bank through u committee consisting oi
Mc.srs. Diyeiy, Foster sud BuIirnr, re
Spnndcd la The cali by the assurance that
the bank woLid resume "n The bi,>i, Of
an increase at capital Ia $500 900 hy the
paying III S230.0C0 cash, thus relieving
and >irct cthening il, 80 that when ,'itcc
open i, could push out again into active,
live and vignt"u. business. With This
report was submitted the report nf spec
la. Bank Examiner TaIma,igc, who WAS
sent here by the Comptroller at the Cur
rencv especially IL examine int tie rS-
att condition OF the bank. Mr.. Tai
mae ge's report WAS indeed y marked
compliment To tbs bank management,
COR lie fiirially declared the assets more
than sufficient To pay all liabilities and
leave It's capital wholly unimpaircd'
As Il happy New year present Io the
city and country nj large, The Bank, ON
January Isl. 1874, ilicialiy announced
The formal renpenng al The Bank oi' The
following Monday, the 9Th. Every dol
lar of The add ional 500, COO had been
sub,t ribed, and with the app oval aud
warm consrai ulalious oi Comptroller Of
Carrcnry John J. Knox, the Bank re
sumed business.
The fifth of January was thus made a
day OF general rejoicing throughout the
rity and confidence once more freely
restored commerce RAPIDLY Assumed it-
old .rlIird condition. On Friday, Janu-
AIRY 10Th, "A, the First National publish
ed It's first statement VI der the new ar
Ter OF I! ings, It statement by the way
that spoke NEST enphaiIcs'iy "i The
wonderful Vitality oi tho institution
With total re.ouites a.! 81 34I .s24 H.
ready cash meau> were 1882, l64 IL ani
= deposits 1922 .ln L.. Ia addiI;oi t"
this The bank nad SZcU,UtU arse uh
hand representing lhc old surplus.
We have thus run over the history of
The panic ~ il a'tIcularv affected TIA"
First National. thinking II most timely
nu this the opening "t the new year. II
shows more ounclusively than Coali
words of compliment III general terms
,he gallant manner ia which Ii:c noble
institution wcalh-red the fearful gale
that wrecked many elder ones. From
lhe day the First National rc-opcncd.
The old >uccc,s has lrcn Ell more than
Implicated. The trial bv worse than
fire through which IL passed endrar'd
rather than e>irangtd friends a> l. un
qnvocally demonstrated by the follow
ing statement of business done during
the year just closed:
capital Stock 800. CO. o.
.>uitlu, s. On -
rnial prp"sits ih- year ....... iI.s!I, - 20
Az dt deposit Tor the ear. ...-.-.-.-.. I4i39-G
Total ENChiisr sotd --.--.-. Il ,esie1'-V
So amazingly large are rhese figures
that one has To read them over TWO Or
and even then fails 10 realize to The /
fullest. The sum of foTfy-four millions
nine hundred dni frrHfQ-0ne fhfuS1Rd
ei9ht hvydred and SerehtyftrO doliJrs
and nine cents IN deposits. and of ScrrR 4
',ea million ciqM hundrcd and fTchfg
thousand eight hnndrsd and s,1ty dOitdro .
IN rrehdnge. 1t il simply beyond The
power OF words To- convey 81 proper r'ai .
.Ldtinn ut - vast Il hn~Ihr>-. and W.
IllHft the UGuifs ~ JlfhhfN ~ irs'f F.
beside the announcement OF JaiUnl .
Ii, 1874, a. Ia the resumption - bn>I
ness, leaving il to ihs public Ia decide
~ 10 whether ar not every pI,r. ~ fhcu
made has been fulfilled To the very let
ter.
In conclusion we have 10 sav that
probably there never was "A banker 1"
" ards whom any community ever felt z
n r. kindly ard warmly than the pco-
,le 81 Kansas Civ % towards Mr. How
lrd w. Holden " hiic from hI- eXtcn
i've business connection he has ~ 'hc
-cry nature of things been brought ~
opposition L. men and measures that
nay have created icnl"usle~ ard harG
ceiling, Yet wc feel -a'e ia saying that
)" man ia hI- position could have made ,
more friends and fewer enemies than lr
"a dune Always affabic, petite aud :
treating his .mallr-i .
rpn-iiur with a. much consideration -
he vraiihiV-i merchant. hc j. uiHn that ,
ny one csn irrI as.ur.d iu approach i
NJ with The ,uuh,i~nrc nf AWAY r.
Giving "a favor II ~ his power ." graft D.
. lie ha> created -iureFc feeling e
i.rard AID c~fre,n nf tie s4nie ,IfHr De- ;
uili W. AID established lkc extensive
u~in-.- uf whirh Ne - - heal j. =
i'm ihr ,ily ha> q tsa srd hr = ever /.
,rruu<i ~ ell cr.irrTri--~ ,,f ituisI e ~ =