The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1893-12-17
TIE CHEMICAL BANK.


hands out the cash,
pfIE CHEMICAL BANK.
James Gordon Bennett. the elder. and
his son. the present proprietor Of the Hor-
aid. have deposited with the Chemical
since 1885.
There are men In this city who have
been IN control OF millions ever since they
attained their majority, and whose hair "a
now strealed with gray who have mover
sigend n check except on the Chemical
bank blank They would no more think
OF doing business with another financial
Institution than a young Astor would think
OF violating the family tradition that real
estate exists TO be bought and not sold.
II was paft OF their early business training.
A man whose family has been identihed
with the Chemical - moro likely to change
his religion than his bank.
This tends to conservation, OF conrre.
With a different set OF men IN actual COM
troll OF the bank Il might breed old fogy-
ism. But there Is not trace OF cobwcbs
about the way the Chemical bank does
business Its methods are and always have
been careful and deliberate, but never sell
Fish. Protection 10 the dcpoHitors liz the
first consideration The bank has nj all
times been ready TO stand by the country
and it's business men and financial In
Btitutions when danger threatened. It's
immense strong boxes have enabled II 20
be generous In times Of etrlngency. The
interests OF the stockholders have newer
suffered through this policy
PAID GOLD IN isel-e5.
During the civil war the Chemical was
the only bank IN the city which redeemed
rs notes in gold. All the other banks sun-
pended specie payments, but the Chemical
gave the holders Of IT'S note for 81. gold
dollar that cost $3.50 "As good as gold"
ana Aa good as "A Chemical bank note
became synonyms IN the BUSINESS world.
IN tho panic az 1854 when the deposits
IN every other bank In the city fol- on, the
Chemical not only held itn own but
showed an Increase Of deposits. Timid mon
withdrew their money from other institute
tons ana cnrricd Il to the Chemical. DUR
ing the flfanrial ntrinReney this last SUM
mer, whom the clearing house committee
OF the associated banks iaHued nearly 500
o00 900 or certificates, the Chemical put It's
strong boxes AT the disposal OF rs weaker
neighbors. but II never taek put a dollar
in certificates itself. Nearly all Of these
certificates have been retired now, but
the Chemical utlli holds more Than a mill
Hon and q hair Of them These ccrtlncates
are a good asaet today. however doubtful
they may have been Two Or three months
ago. They bear g per cent interest,
The Chemical has about ESQ deposit
ora, ana not a Wall street broker or speen-
latpr efrone them, The bank Is out Of the
stock exchange tnoaphere II n doubtful
II President williams and Cashier Quln-
Ian glance az the busy ticker twice a day
~ ordinary times. The downtown banks
that keep tho accounts OF ntook exchange
brokers have tickcfH placed III fsin preHi-
denfa office and The tnpe Is an object Of
great interest and nollcifnde 10 them The
fluctuations OF the market do not disturb
fhe serenity OF the Chepfcara offircrr.
Their deposits ere stable A man who
keeps a balanl4 Of tl0o,D0 for week
ana then runs Il down 70 1850 IA a day.
ana the next day comes Ia Win SyDDoo
which may not DO disturbed Tor several
mopIhe. Il not persona Erata at The Chem
Teal bank
HAS ENOUGH BDsISEEs.
II IL a theory o. this institution that
every deposit should pay ~ share Or the
expenses OF the bank WHEN . deposit
dnfH not DO this II II only a question Of
flfnc when tie aepoaiior ID politely. hut
tirriiy, requested 70 withdraw ms account
Tbs chemical y not looising for new De-
poglinfe-
eOf course.r one Of tho diraciogs said
sle other day, ue meter refuse q good
thing,
But good thug 70 The Chemical
lAssfr si-eug fait sixfd deposit that win