Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1899-01-01
YEARLY CLEARINGs REACH $780,
o o
GAIN WAS OVER s5O,oo0,o00.
FINANCIERs ELSEWHERE WATCH 1T
WITH WONDER.
CIearinRs Plainly Indicate h Con-
dftion of Business for the Year
in the City And Ex-
actIy Measure Its
Prosperity.

The tremendous increase in the bank
riearings of Kansas City for 1888 has been
"a source of constant establishment 10 Inc
financial world and has attracted more
favorable attention TO the city from men
of strong financial backing than any other
single feature of the city's business. IL
was one of the first cities in the Whole
land TO respond to the revival of prosperl-
~ and has continued its growth without
a single bar. so that the clearings for the
wear will be almost, If not quite, sSo.eVo,.
900. This will put the city in the ninth
place in prominence of the United States
and far ahead of any other city OF any
thing like the same population.
In this particular it is a matter OF COM
nent thai during the year "heh Inc
growth has been so tremendous ana con-
tinued there have been no artiflciai methoas
of any character used TO initiate the totals.
There has been no building boom or alb
normal growth of any branch of industry
represented in the city and the splendid
totals gained and the enViaDle RECORD es-
tablished indicate simply the value OF the
transactions of the city in the usual course
of business. During the past year as the
totals of the clearings were given out
each year the financial world has peeh
watching the city's business with the most
unfriendly gaze, for other cities, a dozen
Oh Z Liza 1850.
lation. had been passed by her i'll the
matter of bank clearings. Flnanciefs
of importance all over the country nave
visited the city to see what was mere anu
have gone home satisfied that the volume
of real business being done in Kansas CITY
made the totals given out and saying that
Kansas City was the best Western city
I'm the land and one of the most lnVltlns
places for investment to be found any
where. The praises of Kansas CITY anu
her merits have been discussed in all the
financial centers of the Ian and the eS-
cellence of the opportunities here for men
who want safe and durable investments
have been admitted.
The ambition CT the men who controi
business here and the superb condition
of the wide domain surrounding the CITY
have together made it possible for the
city to win and hold the place she occupies
to-day, and will enable her in the fGtuTe 10
step into other places of prominence as
they may be opened by the widening pos>
A gain of over so.0o0.G0 in volume OF
transactions as shown in the bank ciear-
ings is something that ought to and does
an at the opening of the new year that
promises even a greater gam than the
past has shown. With the revival OF every
line of trade that is now developed the
the history of the city that would win for
# fresh laurels.
The average clearings for the year have
been but slightly under $Jo,0oO,e0 as against
less than s45. 100000 last year. This rate
at a time when the revival Of business
was but gradual and when lines were re-
spending but slowly makes 1t certain that
the future will establish a new mark very
much in advance of any yet seen.
The following figures show the monthly
clearings for the years 1887 and 1898: