The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-11-30
NOTHING TO
EQUAL BANK
PROSPERITY
Report Submitted at Bankers
Convention a Worthy Paper
FIGURES ARE GREAT
Details of Progress Are Com
piled by Mr.. PentecOst
FIGURES ARE GREAT

Guthrie, o. T.. Nov. 2s.-One of the fea-
lures of the recent bank convention in
this city was the report of Bank Com
missioner Thwing The report made a
wonderful showing and bankers outside
OF Oklahoma were astonished at the pro-
gress the territorial banks have made.
The report was compiled by Deputy
Commissioners H. W. Pentecost and pre-
sented by him to the bankers. The re-
port in full follows:
Mr.. President and Gentlemen Of the Okla
homa Bankers Association:
I have the honor to present for the
information of the Oklahoma Bankers
association certain matters pertaining to
the condition of the banking department
Of the territory of Oklahoma.
The Oklahoma session laws of 1897 con-
tain the first banking laws of the ter
ritory of Oklahoma. prior to which time
banks could be conducted as other private
enterprises Incorporated under the gen
eral corporation laws OF the territory.
The records of the Office OF the secretary
Of the territory show that since the Of
flee was established 16S charters have
Of issue being January TO- 1891, OF the
several banks chartered 137 are now in
active operation, y having naturalized
and the others either gone into voluntary
liquidation or never perfected their or
ganization. There being no record of the
condition of the several banking insti-
tutions prior to 1897, this Office is unable
to make any comment on same.
The consolidated report of the 127 state
banks reporting to the bank commits
sioner at the close Of business September
80. 1901, shows:
Loans and discounts.............s 81, ,00s. 80
Overdrafts ACKNOWLEDGEMENTS. S2s,424S4
Stocks and bonds................. 154.S4O2O
Banking house, furniture and
fixtures .............-............ 235,Sl9.59
Other real estate and mortgages 1S,S5S.21
Internal revenue stamps. 2.773.s5
Due from banks, ......$ 81 sec, ,6S1.75
Cash on hand.......... 794.7014S
Checks, eash.......... 1921 80 1874 615.03
Total ..........-................. $, ,50SS26.17
Capital stock paid in..............S 99.2S1.57
Surplus .........-................. 142,731.4 -
Undivided profits ................ S21,6174.2
Due TO banks...-......S 165,655.99
Certificates ............ 4,l52.9S
Deposits subject to
check ................. 6,892, 1850
Checks outstanding. None 7,002 557.57
Bills payable ...............-..... 2l55S.97
Bills rediscounted ............... 1s07915
Total ........................... .s8.5OsSs17
Number of banks reporting. 12Z
Increase of deposits since last call, July
Is, 1901. SSH. 1896.
Average reserve held. 53S per cent
Percentage undivided profits and sur
plus to capital, 464 per cent
Increase in footings since last call,
S1.O71, 6451s equal to IA per cent.
Bills rediscounted have increased from
5.0S010 to s1S.07915
Bills payable. $2455S97.
Loans and discounts increased, $685. !
i09S1 equal to 1871 per cent.
Cash and sight exchange increased s197,- |
1924. equal So per cent.
The report Of John NJ Pugh the ter /
ritorial bank commissioner. made to the I
Territorial Bankers convention. conven- /
ing at EI Reno, December 6. 1897. shows /
the aggregate deposits of forty-nine banks I
in the territory to have been sl,499.14969 I
In the report of w. S. Search, the bank /
commissioner. TO the Oklahoma Bankers I
convention convening at Enid. November !
&c. 1900 the eighty-three banks reporting 1
showed an aggregate banking capital of {
S74.1779l, with surplus and undivided /
profits Of s309, ,599.03. and total deposits /
of IS So. .4ss.62
Since the report Of the oank commits
sioner submitted at the last meeting Of +
the Oklahoma Bankers association. the
capital stock of the various banks IN the
territory OF Oklahoma Increased from
sos i,177.n to S99,2S157. an increase Of S295.-
1886; Increase in surplus and undivided
profits from s309. .5s9.03 to $464.34S51. an
increase Of sl54.74a5S: deposits hove in
creased from SS.S72 $50 90 to s. 7.002, ,55757. an
increase of s. l30. .0S795
The abstract OF the reports Of the con-
dition Of the national banks Of the terri
tory Of Oklahoma at the close Of bust
ness September 50. 1911. shows:
Loans and discounts. ........... .7S2 SSS.77
OVerdrafts .--..--.-.----...-...... 47S1f2.s2
United States bonds to secure
circulation ACKNOWLEDGEMENTS. rs. e5o.0o
United States bonds to secure
deposits ........................ 2s0.ooOoo
United States bonds on hand. 20om
Premium on United States
bonds ACKNOWLEDGEMENTS. Nes.7ss 81
Stocks. securities. judgments.
claims. te......-----..-......... 21s.gs a
Banking house. furniture and
tures ......-.......--..--..... Dc c1s5
other real estate ana mortgages
owned ACKNOWLEDGEMENTS. 1919
Due from other national banks I $50. zoo s.
Due from state and private
hanks and bankers -..-.---.-.. 1920 Is
Due from approved reserve
agents --------.------ --------.- ---s,. .s1-ls