The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-05-30

Topeka win have passed the 100000
mark in population by that time.
A Comparison.
Comparisons are odious. but facts are
always impressive and they show that
tho deposits Of the Merchants National
on February IA Of this year were ST.
5S5.S72.06 being 81 per cent of deposits
In all national banks in this city and
% per cent Of the total of deposits in
the eleven Topeka banking institutions
at that time
Secret of Success.
AT the approach OF birthday ami
versary which marks q milestone on
hfe's journey persons are inclined to-
look back over the past years and sum
up the total of their pleasures and ben
efits. smiling sadly at thought of the
dark and rough places. The same is
true OF those who have control of the
destinies of a large business institu
ton. The fight was so hard at first.
The progress so slow. It was so diff
cult to gain public confidence and make
| Roadway against old and strong COM
petitors. Age helps wine and strength
ems friendship. It is an invaluable aid
to business institutions and family
trees. It is a necessity behind bank
| that aspires to q large volume Of bust
ness. The bank that can point to its
record and say that it has stood the
| stress and storm for 20 years. has won
! battles and marched forward always is
| in position to enjoy the approach OF
| it's birthday and invite the attention of
| the state to that important fact. Time
| is great healer, but few things in this
| world, human or inanimate have been
| able to Withstand it's test. That which
| is pleasant in the mouth is often bit
| ter in the stomach. The bank is very
fortunate that can show muster roll
| Of officers and directors who have stood
| the test in one city for an average of a
| quarter of century for each man.
Time, age, success. reliability. conf
dence, these cannot be bought with
| money. The Merchants National is
| the possessor Of all Of these attributes
through it's record and the men that
| made that record. It is no wonder
| then that it's officers when interviewed
regarding it's approaching birthday are
proud of their bank and make great
predictions for it's future. They have
| a right to regard it as one of the nix
| lures of the city, and that as it has
i grown so will it continue to grow with
this city.
MIR. Freeman Grants an Interview.
In speaking of the business and
financial conditions in Topeka TINS
summer compared to the same PERIOD
last year, +. w. Freeman, vice presi-
dent of the Merchants National. In
an interview today said: Il believe
that Topeka is enjoying the same de
gree of prosperity this summer thai
standing the fact that last year was
the banner year for Kansas. Ths
bank is doing a larger business Thu
| year and dealing with more persons
:. than ever before. Our transaction
are many of them not so large Al
those of last year, but there Is rea
son for that. The merchants VIII
I buy from wholesalers are purchasing
{ in smaller lots and buying oftener
Real estate and all business men ar
, more cautious this year. Tney wer
taught lesson last fall that is hav
ing a wholesome effect on business II
general. The whole country wa
keyed up too high last year. Whll
> the Am erican people are still carrying
& nearly two billion dollars in thei
y pockets and houses and stores, ant
this money is out of daily circulation
yet the times are good in the centra
: west There is a spirit of caution
but not timidity.
Topeka Is Prosperous.
Topeka, and in fact, all of eastern
Kansas, is enjoying the same pros
| perity this year as last. The banl
| balances show it, and the activity il
all lines of business, the hrmness o.
the real estate market and the inf1ul
| of newcomers.
Merchants Doing Good Business.
"In conversation with merchants il
all lines of business on the avenue
find that the large majority of then
are doing as much business this veal
| as last and many of them report al
increase over last year. They say tina
| peopIe who come in to buy good!
have bills Of large denominations witt
which to pay for their purchases
There is a spirit of confidence in the
business circles of this city that car
only be justified by a present pros
perity. The bank is quick to notice
this, for you know that 1t is generally
understood that 95 per cent of al
business in this country is transacted
on paper.
: West in Better Shape Than the East
"The north and east are not a.
| fortunate as the central west in shak
ing off the effects of the panic o.
last winter Their factories have re
! sumed operations but not on full
capacity. There are still many fdlt
E men in the east and all lines of bust
: ness back there are restricted in com