The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1901-10-21
Kansas. Has $11 100000 More
in Bank Than Last Year.
Mr.. AIbaugh Says Total De-
posits Are $SO,OOO,OOO.
HOW IT is DIVIDED.
State and Private Banks Have
Nearly $43,OOO,OOO.
Few Failures and Everything
Indicates Prosperity.

| State Bank Commissioner Albaugn' 8
| quarterly compilation of statements of
| all state and private banks in Kansas,
| showing their condition at the close of bus
| mess on Sept. 30is completed. Itshows the
| total deposits to be $42, S99, 992. OF, an in
crease of s5,246. O47.42 since the last call,
| May 81, and an increase of $11, 291, 1853. 70
| over September, 1900.
The national banks of Kansas have
about the same amount of money on
| deposit, and their deposits have gained
| in about the same ratio. so that the
state bank commissioner says it is safe
! to assume that the total deposits in
| Kansas today aggregate more than $780,
| 10000 This he thinks is a very fair
| showing for .'drOuth-Stricken Kansas.
| He is especially gratified to know that
| during the "drouth" period deposits in
| Kansas banks increased SIC, DOC, OOO-$5,-
| 100000 in state and private banks and
| similar amount in national banks.
| Bank Commissioner Albaugh's state
ment in detail follows:
..On September there were 374 incor-
| porated state banks and As private
| banks doing business in Kansas and
| under the control of this department
Their deposits were as follows:
| Incorporated banks. $3S 836, 991. IL
Private banks .-............. 4,063, 000.9l
Total Observation-Disclosures. $42. 1893, 992. OF
.Their loans and discounts on that
| date were as follows:
| Incorporated banks ........ 1924, 033, $50. 20
Private banks Z,olo,Sb5.4o
They carried cash and sight ex-
| change:
Incorporated banks ..... $40, 1876, 020. so
| Private banks ..............- 2,057, 1881
| Total 1922. 1852, SOC. 81
"On September 1. 1900, the total de-
| posits of the state and private banks
were $31, sos, 1929, 81, 291, 359.73 less than
| upon September 80 of this year. This is
an increase in deposits of sc per cent.
"On September 1, 1900, the total loans
and discounts, held by the state and
private banks, were, s21, S12. 1886. 90, or
s4,737, 27s.5 less than upon September
| loans and discounts of % per cent
| "On September 1, 1900, the total cash
| and sight exchange, held by the state
| and private banks was $16,10S, 595-07 or
| sc, 843 GIL "a less than on September 30 OF
| this year. This is an increase in cash
| and sight exchange of AZ per cent.
| THE increase. since the last called
statement, on May 81, just four months
| prior to the September call. is the most
| remarkable of all.
ION May 81, the total deposits We're:
Deposits $3f ,63l, 949- oU
Loans and discounts. -...-..- 25,504, 432. 09
| Cash and slight exchange 1862, 1-S9
This is an increase in these items Of;
Deposlts 20 re
| Cash and sight exchange. 1862, 941- SO
or of deposits, ID per cent; loans and
| discounts, per cent, and cash and
sight exchange. 20 per cent?
There have been forty-four state
| banks instituted since January of this
year. There have been twenty-onc
state banks instituted since the last
| official call on May 81, and five state
| banks instituted since September 1.
1.-TWO private banks have been incor-
| porated since the May 81 report and
| there have been no private banks
started in the state since the present
| law went into effect on March 1, 1897.
1.-THE total capital of the state and
| private banks on September 80 was S6,-
992, 400.
1.-THE comptroller made call for state
ment of national banks on September
| 80, but the figures are not yet obtain
able For years there has been very lit
| tie difference between the aggregate OF
business done by the national banks OF
| Kansas and the state and private
banks. hence it is perfectly safe to as
sumo that, at this time, the total of
| bank deposits in all Kansas banks is
considerably in excess of $SO.000,000. the
total loans will aggregate over $5O,OOO-
900 and their cash and sight exchange
is in the neighborhood of $45,000.O0O.
1.-THE state banks of Kansas never be-
| fore have made so good a showing as
| at the present time. OF the $42, S99, 1872 OF
| in deposits which they had on Septem-
| Der 80, they held in cash and sight ex-
| change S22, 1852, 506.31, or SO per cent,
when the law only requires that banks
| in towns of less than 5000 inhabitants
shall hold 20 per cent. and in larger
| towns rs per cent.
1.-THE loans, aggregating $26 $50, 204.O a,
are almost four times the banking cap
| ital. and insure good returns to the
stockholders. Most of the banks in the
state are conservatively mana ged, and
there is a growing disposition on the
part of directors to give more and more
attention to the management of the at
| fairs of their respective banks There
| have been few bank failures in Kan
xrharo the directors gave careful
and intelligent oversight to the man
agement.
Most of the banks are taking adj
vantage of the good times to eliminate
| their real estate holdings, their fur
| niture and fixture accounts and other
| raSorrcas that in changed conditions