The Greeley tribune., 1903-12-10
GOOD
! aANKERs VIEW WELD
konNrY CONDITIONS.
Lratiye Business Men Who
Think This the Most
Prosperous Fall in
Many Years.

Dssrs are generally conservative.
conservatism is an expression
so,rable from the business AS
or discounts. When, there
al the bankers Of Greeley say
times are the best now that
hare been IN many months, IL
I.n. then from a bankers point
~, times are good, and when
are good for the banker they
ually good for the entire COM
!, as the bank Is the heart OF
tire industrial system.
Zen the Tribune man one day
sek started out after q pros
story, such as a banker might
the fist man he saw was j. M.
kuikin, cashier Of the First
nal bank. After a little figuf-
/. Petrikin stated that deposits
ureeley banks would average
ten per cent better now than
bid at this time one year ago.
they were no larger at present
ue to the fact that only a small
btage of the produce crop had
been sold, and most Of the
had been used to pay up
small and large, outstanding
the summer. He was, how
as near enthusiastic over the
els as a banker usually allows
II to become. both the
yield and the potato yield In
have been greater than was
|rOwn here before, he said. and
there may have been higher
paid for both in former years
bantity will more than make up
|ference to make this the most
(tOus year in the history Of
ern Colorado Mr.. Petrikin
be thought the complaint in
quarters a few weeks ago about
caIcity of money among tho
|ants was unwarranted, as the
had plenty Of money ready to
he merchants over any tempor-
Fsd He also stated that while
ner years the money for carry
J the lamb feeding business Of
ern Colorado had nearly all
plocured from outside commits
men in former years, this year
ocal banks were taking care Of
nllre business and 1T was safe
lie that the Greeley banks had
laE this season put out $3.50, 900
Is business.
pen +, j. Decker, cashier of the
oank, was asked about condi-
ne expressed himself as much
10 now but if the Tribune would
"Atll after December is he could
even better story Of prosperity.
uat time the farmers in the
ny VI Greeley would be richer
Out 100000 on the beet crop.
'feeIey sugar factory would then
~ about 5000, 900 for beets; the
anu factory. which takes prac-
oil the beets grown northwest
Y city tributary to Greeley,
probably pay out $3.50, 900 for
| Then a larger number of the
'S growing beets for the Eaton
old their banking business In
y, which would run the figure
olher $4,000. After that the
,s would begin to run up. Mr..
also spoke of the lamb feeding
~! and stated that the Union
a'one had loaned $500 to
!, 10 carry them until spring.
u, Wheeler Of the Greeley
wal was perhaps more con-
"e IN his statements than
MI Petrikin or Mr.. Decker,
VI lie saw a wonderful improve
,,,4 =" financial conditions here
'' year. The deposits In the
GEn,,, Gw National, he said, have
T., s.Vo TO 800, 900 since the fall
~ 0csan, In view OF the fact
,,s s summer shrinkage In depos-
|os, ~ oeen unusually large last
Nm. "e thought the gain a ie-
th' ' one. He did not think
lohey that would exchange
1 ha 'n the beet sugar business
n, ~ 'e'' much In the banks, one
Ia, auooher. The checking
"A + '''ls account by farmers
N n, spread over a considerable
bd.n ''me, and would not make
\ vi,t ,t,ahee either In the depos-
'"ufawals. To show that