The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-06-17
THE BUSINESS SITUATION.


| All Quiet in BANKING Circles. with a
Largo Increase of Deposits.
Yesterday was very quiet dsy in
hnancisl circles, everything going TO
snow that complete confidence existe q
IN business matters. The banks re-
ported large increase of deposits. with
other prohers OF assistance from fnan-
oiai institutions elsewhere, none of
Wnion were needed, however, and all Of
which were thankfully declined.
The National Exchange Rank 20
ceiVeo fourteen offers OF assistance tv
kilograms and letters on Mond.v and
tuesday, aggregating in amount sl1O.
600, from correspondents outside Of the
city; out countermanded psrt of what
they had ordered on Saturday night
Ihere was no run at all on this bank.
On the contrary, there WAS a substan-
tial gain In deposits on Monday and
tuesday, the deposits on Mondnv
amounting to nearly three times 40
much as for any day in the past three
years.
One bank In an ad joining State offered
on receipt Of telegram to send n
cashier with $4,000 In currency TO the
National Exchange. Another shipped
good amount OF currency without be.
Ing requested. This is q very CRAFTY.
Ing illustration OF what . Roanoke bank
can 90 on short notice, the officers of
the National Exchange not having
hearo OF tins suspension o: the Loan
anu Trust Company until Saturday
evening after the banks were closed.
Government Bonds and IEtns Endow.
ments.
SUPPosE-If the United States Gov
ernment should offer to sell you a Gov
eminent bond for S., OOO, with a promo
sition that you could pay for 1t in 10, Is
or 90 equal annual payments, without
interest;
Suppose-It you could not keep up
the payments after two had been made,
IL wss proposed that you should not
lose what you had paid. but that the
bond should stpulate that you would
receive. ct the expiration of the period
En- equivalent FOR the money you had
paid;
Suppose-The Government should 90
further. and promise that, Wishing 70
make the purchase the safest and cas-
lest obssinable, 1t would guarantee not
only to pay the full amount at the end
OF the term, but also in case of YOUR
death, to pay Immediately to your heirs
the 600, and IN that event no further
payments to 1t by you would be re-
Quired.
Suppose-The Government should
make this proposition to you, would you
accept 1t, on the easy terms herein suQ-
gested, and would you not consider IL
safe thing to do? We anticipate your
answer would be favorable.
The Esna Life, with assets of over
Si2, o00,0 and surplus CT Sc. 500 600, is
Issuing and paying daily substantially
such obligations, and upon favorable
terms. The purchaser receives q very
much higher rate of interest than can
be realized upon Government bonds, to
say nothing OF the agreement II gives
to pay the full amount in event of
death, and to cancel future obligations.
Suppose-fou buy regular Govern
ment bond OF $4,000. It would cos, YOU
at least $500, while the E:nas en-
dowment obligation of SIS 600 can be Sc
cured by the payment of only about Az
per cent OF the original amount, thereby
enabling you to retain the principal
sum the Government would require YOU
to pay, and by the payment to the IEtna
OF Its interest only you will secure the
full amount.
The 1ktna Life paid last year upwards
OF million dollars upon just such OBJ
legations as are herein described, This
may appear to you novel way Of call.
Ing attention to the -Esna's endo Hment
contracts which give greater advantages,
q higher interest," and equally as good
securitg as Government bond.
For further particulars call on Geo. l..
Hart, special agent, room No. SOC Terry
building, Roanoke, Va. Phone l66.