Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1900-10-03
A SUIT OF WHITE,

IS considerably more money being
loaned on mortgages by small invest
kansas.-Ira Z. Nye. cashier ma
bank, Eureka, Kan: "Depos-
It's have increased about % per cent.
since 1896. There has been an i'm
prOvement in our local credits OF
90 TO % per cent. Farm mort
Eages have decreased nearly one-half
since 1896. The principal reason there
for is the universal prosperity
brought on by a wise and iudicious
administration
kentucky.-L. c. Murray, president,
the American national bank, Louis
vile, Ky: "All bank deposits in this
community have about doubled since
1896. The agricultural interests in
this whole community have improved
TO such an extent as is really remark
able, and contentment and plenty are
shown on ali hands, and only polit-
zeal disturbances occur. We only
hope that four years more of such
Prosperity can be attained. for this
community has never before been in
such a prosperous condition.
Michigau-M. h. Williams. Vice
president, the Commercial national
bank, Detroit, Mich; Both savings
and commercial deposits have in
creased with us about 81 per cent.
respectively. during the last four
Years; while credits of this district
have increased about IS per cent, The
improvement in the condition al H.,
debtor class has boon material.
Minncsota.-J. II. Digit, cashier
First national bank. Duluth: "A mum,
Der Of IA roplc in mercantile pur,
suits who had borrowed money ana
were unable to pay four years age
have largely reduced or wiped oGt
their debts. Some who were IN goot
financial condition have become yery
much better or. We do not know o
any merchants Of business capacity
who have not very materially i'm
proved their position.
\, l.. AlneSs, president Scandina
vian-American bank. st. Paul. MINI.
This banks deposits compared will
three years ago have increased 81
per cent. ! estimate G5 per cent. o
mortgages on homestcads Of mechan
les, la5orers and small business mel
have been paid and 2j per cent. have
been reduced. Money has been chcal
and abundant since 1897
Montana.-H. II. Matteson, cashier
First national bank of Great Falls
Mont: Bank deposits show an in
crease in our community as compared
with four years ago of lis per cent
Four years ago our sheep interests
which comprised almost wholly oul
borrowing class, were heavily in debt
To-day, while they have not become
l]oaners Of money, they are far less
in debt, and as a general rule are car
rying increased focks.
NrhraSL1.-S. II. liurnham. presi
dent First national bank Of Lincoln
Lincoln, Nch.: flank deposits hav,
increased in the banks of this city
during The past five years ca per cent
Never in the history of this state Ia.
money been at so low a rate on gooC
securities as il is at the present time
Farmers Fan borrow all the money
they want on first mortgages on theii
farms at five per cent. interest, Will,
four years ago 1t was difficult fol
them 10 get il at all. Four years agy
il was almost impossible for a bust
ness man to borrow n dollar from any
bank in the city of Lincoln, while to
day we are loaning as low as five pei
cent. \ very large percentage o
mortgages have been paid, or at leas'
a portion refunded ut a much lower
rate of interest"
North Dakota. - Union natinna
bank, Grand Forks. n. D.: "Eanl
deposits in our community, as com
pared with four years ago, have showr
from 25 10 30 per cent. increase, in
Guiding both savings and commercial
accounts. This county is IS per cent
ahead what it was four years ago II
general prosperity
First national bank, Fargo, \. D.
"The bank deposits in our community
show a good increase over four years
ago, running from 20 to 30 per cent
A good many mortgages have beer
paid up since 1896, some mortgage:
which could not in 1896 be renewed al
ten per cent. can now be renewed a
six and a half to seven per cent. The
cheapening Of money has helped ouI
our city and state wonderfully"
Ohio.-Charles a. Hinsch. president
Fifth national bank. Cincinnati. o.;
deposits and clearings in thi:
city have increased In the neighbor,
hood Of 80 per cent. as compared with
conditions as they existed four year:
ago. The deposits of this bank have
increased 300 per cent. Most Of our
local debtors are in very much better