Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-12-03

with the Chemical IS more likely to
change his religion Dian his hank,
Ihls tends 10 conservatism. ui course.
With Il different sci OF mon In actual
control of thc bank ID might breed Old
focyifm. But there Is not "A trace of
cohWchs about tht way the Chemical
bank docs business. us methods are
mud always have been careful aud DELHI
crate, but never sclhsl Protection to
the dcporitors is the first considera.i Ion.
The bank has az all times been ready
10 stand by the country and its business
men and financial Institutions WHOM dan.
ger threatened. It's immense. strong
boxes have enabled it to be generous IN
times Of strlngoncy The interests OF
the Stockholders have never suffered
through this policy.
During ilc civil war tho Chemical was
the only bank IN the city whioh re-
deemed It's notes In gold, All the other
hNnFs 7lsnonded specie payments, but
the Chemical gave the holders Of r.
notes for 81. a gold dollar that cost
" 80. As good as gold md ''0s good
MS Chemical bank note become syuo.
nyms in she business world.
In the panic Of 1881 when the deposits
In every other bank In the city fell OH. the
Chemical not only hold rs own, but
showed un increase Of deposits. fimid
stimHons and carried II TO the Chemical.
During the financial strinpney this lust
summon, when the clearing house com.
miiieo OF The associated banks iHsuCl
uaarly SljOOOOOO Uf certificates, the
Chemical put lee strong boxes ~ tho dis
posnl Of rs weaker neighbour but Il never
took out dollar 10 certificates itseif.
Nearly all Of these certificates hayc been
retired now, but The Chemical gt.l holds
Iurrn fhun "a million mud ufta. half al fhpfu.
Those certificates are q good asset today.
however doubtful they may have been
two or three months ago. They bear u
per cent interest
The Chemical has about $500 deposit
tors, and not a Wall street broker or
Spectator among them Tie bank Is out
Of the stock exchange utmOsphere, II ~
doubtful if President Williams aud Cash
Ter Quinlan glance Mt the busy ticker
twice day in ordinary times. The down
town banks that keep the accounts 81
placed IN the presidents office and the
tape is an object OF great interest and
splicitude to them. The fluctuations OF
tho market do not disturb the serenity
Of The Chemicals officers Their deposits
are stable A man who keeps a balance
OF SlOOO0O for a week and then runs II
down To 500 IN day, aud The next day
COMES ~ WIN tsNNfNNW MAlih AAlNa AfHN NN
disturbed for several months is not per
soma grata ut the Chemical bauk.
II is a Theory of this institution thai
every deposit should pay Us share OF me
expenses of tie bank Wlon a deposit
does not DO tlis II Is only O quest ION VI
time WHOM the deposit0r is politely bnt
firmly. requested 10 withdraw h.s account.
The Chemical Is not looking for ne" ue'
pOsitOrs.
"Of course" one Of the directors said
the other day, I'VE never refuse GOOD
Bit q good thing to the Chemical
bank means q fair-sized dennai elat WI
lie undisturbed for many WefAs ~
time. ,...,..,
IL Is no easy matter 60 onon on account
here. The applicant must nave Piopei
introduction, preferable lf2.A ~" ~
who "a already idontincd with ne nhnh,
He must tell where he deposited llht ana
give a good reason why ne Wun's "
Change. He must b. hhlo 10 SLOW laa'
Tie deposit will be one that vii lesis y
share Of tha expenses % The baph Y
other words, deposit by hhnallns fp "
me bank can make some monty ",
personal character Of thc F'tii.t',, Z.
vopched for and no one o. ne dlFeiloif
can End any flaw ia him he is received
mo Ire relaet circle Of the deiosllpi
and riven IA bundle Of Chemical h9pt
HANK checks. with tie cxplnt uluel
standing that they are not 10 20 uar' -
cent 10 case u necessity.
The privilege Of Writing il
check Oh Chemical bnnk paper y = ~. ~.
port TO a good many places, ~ ~ :,
been knewn 20 be Of yast ssts y
d man in a social way as wei rs "a DO
ness rt..f.i
The last statement o. The Cneanl l.i.i
hank wns issued on oct. 2. ~ sl leo Ivy
nsi deposits amount 10 neary 5000,
600. Iis total deposits including th95e y
national and state banks in fs52eg.5,, 4 NV
o. the country are almost A-lNessf'y.,,
30 interest Is paid on these depoHslt- pul
renrly the entire amount " l"f
and bringing an Interest 70 y ne " ns ~
There IA a surp,us Of about Sl,v1v.Vly
tNen 81 The deposits were Of ihe ~.
unstable character II the money 1ns PC
Ing pul.ed in and out 81 ne bans eYell
day-the investment Of this envrnlvul
surplus would insure The pay ment O.
very tidy dividends every year
snpp0se L brought 10 only . pr cent
That would mean $1JO,oo1 enough z
nay more than a 10 per cent dividend
The average bank pays 10 per cent
year on iis stock. Bot che ineome iron