The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-09-27
WHEW WHATCASH
Kansas Banks Fairly Running
Over With Money.
One Hundred SiXty-Five Mill
lions on Deposit.
NOTHING LIKE 1T.
New Record for the State Is
Made.
Report That Proves Prosperity
Of State.
NOTHING LIKE 1T.


banks of Kansas held a total of
s165.O0O.OOO in deposits. of which
$144.OOO,OO 600 are individual deposits,
by far the largest amount of bank de-
posts in the history Of the state.
MI Royce also makes a comparison
OF the number of banks and the de-
posits for the past five years, which is
of great interest. The principle items
of interest 10 the public in a bank
statement are the loans and discounts,
the cash and sight exchange, and the
deposits. The summary of these
items for the past five years for the
fall examination of each year, follows:
September 9, 1893.
Number of state banks. .502
Cash and sight exchange. l46
Loans and discounts 81 4-3lS5 5Sl
Deposits ...t,.......... sS,773534
September 6. 1904.
Number of state banks. .549
Number OF national banks - .16l M
Loans and accounts ts-........-...--S S0.099 057
Cash and sight exchange , 4S. 80. 30 9S6 OSe
August .. 19o5,
Number of state banks -:..-..-.--....---.. .6oI
Number of national banks. III
Loans ana dscounts % $50 sSe SS 'S
Cash and sight exchange 1922 4H5 M
Deposits 11S,141 AZ
September 4. 1906.
Number of state banks. sos
Number of national banks .1SS
Loans and discounts. .$lOS, 001, COS
Cash and sight exchange.-.--.- 56'9S2' SlS SlS
August %, 1901.
Number of state banks. ...................T TS6
Number of national banks. 2e3
Loans and discounts. .$121. .594 $50
Cash and sight eXchange..---... 64,09660
Deposits los. $50 742
In his statement of the present bank
conditions. Mr.. Royce says:
Legal Reserve Abundant.
The statement which is given out by
this department today, showing the
combined resources and liabilities OF
the seven hundred and thirty-six State
banks and the two hundred and three
National banks doing business in Kan
sas. at the close of business August %,
1907. shows that our state is continu-
ing to prosper, our people to have con-
fidence in their banking institutions
and marks another important mile
stone in bank deposits and the financial
prosperity of the state The banks of
Kansas are not only able to care for all
local demands for money, but are fur
nIshing about fifteen million dollars to
the commercial enterprises outside Of
our state. and despite this unusual con-
dition. the legal reserve is we'll up, that
of State banks being Al per cent OF
their deposits, while the National banks
have on hand 81 PEI cent, which. in
both cases. represents a large margin
above the requirements of the law and
speaks well for the sOlvency of our
financial institutions and the careful
manner in which their managing OFF,
GERS are conducting their business.
Deposits have increased rapidly
during the last five years and are high
er today than they have ever been in
the history of the state. Occasionally
we have been told that the combined
regular called statement does not show
the correct amount of deposited
money for the reason that consider
able of it is doubly deposited This
statement is correct only so far as in
vidual deposits and bank deposits are
combined. The individual deposits,
which represent the deposits of ind1-
viduaIs and not that of banking insti-
tutions. one year ago were as follows;
In state banks, $66, $50, ,343-17; in Ma
tionaI banks, 5S,267, sO5.69, making a
total of $124,S1S,149.46.
cat the present time, individual de-
posits are. in State banks. ST9,242,-
744.67; in National banks: $64'Saa,-
774.O4. making a total of $144, ,22O,-
51S.71. showing an increase in one
wear of 20 million dollars.
lowing to the fact that Kansas has
no large reserve agents in the state,
bank deposits are small when com
pared with other states. and amount at
this time to only about twenty million
dollars. The fact that Kansas banks
have double the amount of legal re-
serve required by law, not only shows
that the late financial disturbances or
the east failed to affect our people. but
also shows large amount of availabl
funds on hand. and with our granaries
ant harvest on hand. it looks as though
eur prosperity has net yet reached its
zenith Ter or fifteen years ago condt-
tions were somewhat different than
they are TODAY Then the profits of |
farming and stock raising We're sent
regularly to the east to liquidate the In
debtednesS on Kansas farms. Each
wear shows a less amount of money
sent out of the state for that purpose.
Indeed the condition is reversed and
Kansas banking institutions are now
loaning much of their funds outside OF
the state and have occasionally helped /
out the call money market in New
York
The bank figures are as follows;
Loans and discounts
state banks. SCI. .464. 200. AZ
Natl banks 60. 49,. 4S0. 50$121 .594, ,5S995
Ove-drefts-
d Nat'I hanks - S04. .54S. Is l. 56S. $50. s. /
United States bonds on hand
state banks 49,. 146.144S7
Natl banks 54lcoto- lSJ,$4St /
United States bonds 10 secure deposits 4
Tsf-i hanks - 10 S11. .1o9. % 1881. 10000 |
Natl banks -. a1s2s5.O0~ 21s.2S5. 90 !
Securities, bonds and warrants
State banks 20SlSS9.N9 - /
Natl banks 4.5So. foO.0l- $3.50 100 % /
Ranking house. furniture and fixtures
sta to banks -. 2.311.014e0
Nat'I banks -. 1.716545.71- 4,O27, $50. 81 |
other real estate owned
s4'f Stafe banlSs banks 80 soo.54i.55- 54s. .4s7 80
Cash items and clearing mouse ltensT
State banks 45o,IOO-Sy - - =. |
NATL banks ... Ss5. .s7O.25- 1881, 900. 81 |
Cash and sight exchange-
State banks 49,. IS, 4SO.IzS.4o