The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-11-26
Returns Are Now Being Tabu-
lated by Mr.. Royce.
Low EBB IN 1898.
From 1891 to That Time Tide
Was Down.
All of the Development Has
Come Since.

sioner, now has his force OF clerks az
work summarizing the returns which
are coming in by every mail to tbs
call for the report on the condition Of
Kansas banks on November z. It IS
expected that the call will show bigger
deposits in the banks of Kansas than
ever before in the history Of the state.
The high record so far for stats
banks is s5S,0O0.0 600 in deposits It is
predicted that the forthcoming state
ment will reach S60,000,O0O. IN addf-
ton there viii be about s65.000.00g
more on deposit N the national banks
of the state, making a probable total
of s125s0O0,000 as the bank deposits
of the state.
Mr.. Royce has compiled from the
records of his Office a summary OF
the showing made by the Kansas
banks since the banking law went into
effect in 1891 Up to the present time.
This covers the period when Kansas
was undergoing the effects of the
busted boom of the early nfneEes.
Mr.. Royce's figures show that the first
called statement was made on October
81, 1891, at which time 414 banks sub
mitted reports. The first report
| showed q total capital stock paid IN
Of SO. 1.218.0s, and total deposits OF
| S15,773. 1882.
The nearest call to this date. one
/ year later, was on September I, 1892,
when the number of banks had been
| increased to 447 with capital stock
increased to S10.922,467.1I. and de-
posits had been increased to S2o.14S,-
8S4.02, or a total increase of i've mil
lions of dollars.
The year 1893 was a very disastrous
year for banks and financial instttu-
! tfons generally and during the mid
| summer of that year II looked az
/ though there would be general pa
/ ralysis of the banking business OF this
a fs.oE=
| showing than many of the older states
| The called statement in the fail of that
/ year, to the astonfshrpenf of every
! body engaged in the business, showed
] that there were 40 banks that had
| withstood the awful ravages Of that
Calamitous year. and that only 2T
banks had suspended. These go
banks showed a total capital stock Of
over ten millions and deposits Of over
fifteen millions.
One year later it was found that
eight more Of the happy family OF
Kansas banks had fallen by the way
/ side, leaving only AZ to respond to
the call of November 2, 1894
On December q. 1895, one year
later, eight more banks had disap-
peared from view. leaving only 400 to
respond to the call made on that date.
Increase in Banks.
On December 19, 1896, the number
of banks responding to the call Of the
commissioner of that date. was only
three hundred and seventy-eight-
showing that tWeuty-Six more had Eus-
| pended. The capital stock employed
had been reduced to less than eight
millions of dollars, but deposits re-
mained close to the fifteen million
On December 4, 1897. when the
commissioner made his call for that
date, it was learned that six more
banks had gone out Of business. ieav-
ing a total reporting. three hundred
and seyenty-tWo- The capital stock
had been reduced to seven millions.
but deposits had been increased TO
nearly twenty-four millions of dollars.
On October 5, 1898, the number OF
banks had continued to decrease SO
that on that date only three hundred
and sixty-six responded to the com
missioner, showing a total capital Of
only six and one-hah million and de-
posits of about twenty-five million
This was the low ebb of Kansas
banks since the passage Of the first law
in March, 1891. On September z
1893, the number of banks had IN
creased slightly and three hundred
and eighty-three responded to the call
made on that date or an increase OF
seventeen banks during the year.
September I, 1900, showed that five
more banks had been added to the
list making a total reporting at that
time, three hundred and eighty-eight-
Deposits had increased to about thir-
ty-two million dollars.
September 80, 1901, it was found
that the number of banks had in
creased from three hundred and
eighty-eight to four hundred and
twenty-five or a gain in the year Of
thirty-four. The deposits had also In
creased to nearly forty-two millions Of
dollars.
on September 2. 1902. the number Of
banks had increased from four hundred
and twenty-five to four hundred and
sixty-two, or a gain of forty during the
On September 9, 1903. the number Of
banks responding to the call Of the COM
missioner was five hundred and one 6F
another gain of thirty-nine banks and
i deposits were close to the forty-five mil
lion dollar mark.
/ On September 6, 1904, the number had
increased to five hundred and forty
eight showing q gain OF forty-seven
banks during the year closing on that
date.
The last year has shown the greatest
increase in the growth OF the banking
business of any year in the history Of the
dred and seven banks responded to the
official call. Twelve new banks have
been Instituted since that time, making
six hundred and nineteen banks report
ing to the department on the present
cal Six charters have been issued and
close Of the year, making the number Of
state banks at the beginnig Of the new
year six hundred and twenty-threz or
this number only eighteen are private
banks and some Of these are taking
steps towards organizing as state baul<E
The deposits on August 25, amounted
! IN round numbers to fifty-eight millions
, Of dollars and the one hundred and sew
enty--one national banks in Kansas
showed about sixty millions, making s.
total Of deposits IN the state OF one hum
: dred and eighteen millions Of dollars
E "a frrSr,