The Wichita city eagle. [volume] (Wichita, Kan.) 1872-1883, 1883-03-29
OUR BANKING INSTITUTIONS.

The true measure OF the magnitude OF
any ciiy's commercial importance is her
monetary institutions and corporations.
Banks constitute the heart which governs
the pulse-throb OF the business system. The
balance-sheet Of the clearing house for the
day reveals at n glance the business Of a
London or New York. So the number and
strength of the banks Of smaller town is
an infsllible gauge 10 that towns impor-
lance. Wichita has six regularly organized
banking institutions, two Of which are Ma
tional banks, two State banks and two pri.
vate banks. One Of the latter, the Arkan-
sas Valley Bank OF W. &. Woodman & Sons,
II the Oldest banking house In this valley,
having been established in 1870: Its ener.
gies have been directed principally TO loans
on real estate, although always having done
an exchange and discount business. The
next oldest bank is the Wichita National,
6rst incorporated in 1872 as the Wichita
Savings Bank. There Is no more solid or
reliable institution in the West. The next
bank, in respect TO age, Is the Kansas Ma
tional Bans, first incorporated under the
State laws as the Farmers and Merchants
Bank In 1876. The Kansas State Bank was
incorporated in 1880. In connection with
this bank Is the Lombard Mortgage Compa-
ny, monetary institution OF great strength
backed by eastern capitalists. All four Of
the foregoing Institutions are in buildings
Of their own, constructed with reference to
the needs OF bank. The Citizens Bank,
incorporated under the laws Of the State,
was organized the present year, but by men
who had teen in the money. loaning bust
ness In this city since 1872, and whose sub.
stantial characters are known throughout
the Southwest. The sixth bank was estab.
lished this spring by Mr.. Rojolph Hatfield,
Z solid and circun>pect gentleman, who al
20 has been engaged for several years in
loaning money on real estate securities.
There Is not one Of our banks that does
not command the confidence of the people.
either from the long standing and well
known character Of the men at their head,
or from the compulsory publication under
the State aud ,tional laws Of their assets
aud liabilities. No stronger or safer insti-
tutions eau be found In the State. The
crash Of -. which carried down thousands
Of banks and commercial institutions
throughout the country and among them
the Fir>t National Bank of this city, did
not phase the Savings Bank. now the Wieh.
ita National, and practically under the sane
management. We append table showing
the liabilities OF each Of our six banks:
ARKANSAS VALLEY.
w. c. WOodman. president and manager.
WIN. s. Woodmsn. cashier.
Capital used aud controlled, slOO,0O0.
WICHITA NATIONAL.
Sol. II. Kohn, president.
A. w. Oliver, vice president.
N. W. Levy, cashier.
c. A. Walker. teller.
Paid up capital stock, $4,000.
KANSAS NATIONAL.
II. W. Lewis, president.
A. A. Hyde, cashier.
Paid up capital stock, 0.0OO.
KANSAS STATE.
B. Lombard, jr.. president.
Jas. L. Lombard, vice president.
L. d. Skinner, cashier,
Geo. E. Spalton, assistant cashier.
Paid mp capital stock. e,0O0.
CITIZENS.
J. o. Davilsou. president.
8. L. Davidson, vice president
J. c. Defst, cashier.
Chas. l.. Davi.lsos, secretary.
Ca0ifsl stn~k sa,1sl nm AIM 00n