Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1909-11-12
NEARLY ST, 100000
IN AMFRICUS BANKS
Debts Largely Paid and
Outlook Fine.
The Winter and Spring
Trade Looked For
ward to AS Full of
Promise.
Total Americus Deposits .s1,se1, 900

Seldom have the deposits in the
banks of Americus aggregated such
total as that of the present time, as
given above.
AS an evidence of the prosperity of
the community and the section round
about it there is no better to be found
than in this statement of the actual
cash balances at the close of business
yesterday
During the last sixty days there
has been a continuous and an extern
sive liquidation of Indebtedness going
on. Farmers have paid up in full their
accounts with the banks. with the
fertilizer companies, with the mer-
chants. jobbers and retailers 1t has
been clearing house performance
almost every day. AS result the
books of the various concerns of the
city look better than they have done
in a long time There are less out
standing accounts, and those that are
unpaid are not 50 much the long time
fellows that have been giviAg the
worriment for the past year or two.
In addition to the general wiping
out of old scores that has been IN
progress there has been a laying
aside Of money. Many farmers have
good substantial balances to their
credit. Merchants have larger cash
balances and business generally
shows the effect of the improved
conditions brought about by the high
prices of cotton and the fact that the
country hereabouts made such phe-
nomenally large feed crops.
More money will be kept at home
this season than heretofore The
large"s pDiie1 =: Corn, oats and hay
Will enable the farmers to use their
money to better advantage than ship
ping it West for supplies from that
section.
Those who have closely studied the
situation believe that the conditions
all speak we'll for an excellent winter
trade and for continuation Of bright
business conditions through the
spring.
With old accounts out of the way,
with the necessity of buying high
priced Western feed supplies largely
removed, and with more cash in hand
than in years, it is figured out that
there will be some extensive buying
during the next six months.
The holiday trade is expected to lie
unusually brisk this year The Win
ter trade, deferred by the continued
warm weather, will set in with rush
with the first genuine cold spell, and
is expected to be exceptionally good.
And the spring trade that comes later
it is generally predicted will be far
ahead of anything known in the past
few years.
The bulk of the cotton is in in this
territory, of course. But it is thought
that there are yet between 5000 and
f,VVO DdleS W pe maj diheIeu uele, WHICH
at fourteen cents would mean be-
tween 100000 and 100000 more
cash turned loose. The bulk of this
cotton is free cotton, made by farm
ers who have pretty well paid up their
liabilities
ally bright. There is no gainsaying
that. All that is needed is a good
All in all the outlook is exception
week or fortnight of genuinely brac-
ing weather, preceded by two or three
days of heavy rainfall, to start the
winter trade humping, which would
lead directly to the holiday trade
which is apt to be a record breaker.