Bisbee daily review., 1911-06-21
BANKS OF TUCSON IN FINE SHAPE, REFLECT
 BETTER C0hDlICkS
Plenty of Money and All Good Business Is Being
 Cared For
WHAT THE BANKERS SAY

TUCSON. June 2O.-That Tucson was never in better condition than now to face period of advance. p-og- ress and continued prosperity is the consensus of opinion of the banking interests of the city and in this all must join who read the recent state ments that were published by the various banks. Without exception these statements show more money on depost than a year ago and in every way are exceptionally clean and satisfactory, a credit to the instltu- tions, their officers and to the eIty The tone of all the bankers wis., ited is similar to an expres- sion of optimism and confidence in the stability of financial affairs in the city.
 In no way can the stability Of a community be better judged it's bus mess strength more clearly tested, its prosperity better shown than by the statements of it's banks. The statements published in the fore part of this month are therefore all the more pleasing to Tucsonans since each and every one Of them shows
 
 prosperity, in a state of preparedness, to meet conditions when the period Of business expansion that is antiei- pated in the near future shall be ac- tually here.
 N E. Hummer of the Southern AT izona Bank and Trust company 1s an optimist among optimists and yet is the clear sighted and careful Jusi- ness man withal. He said BaDking conditions are good. There Is plenty Of money on hand to finance any wor- thy and legitimate business enter prise within reason. There is more money on hand than there is demand for it but thEs Is a condition to Oe expected here at this season, when big things are believed to he pend ing in the near future and the public want more information before gong into investments. When the Cme comes and the investors are ready you will certainly see a picking up or business. The banks are reaGy to meet that condit on. judging rom the reports and I know that we are. Our growth and progress is highly satis- factory and we have nothing to conr plain of in business conditions Tor this season of the year. see prosper itv for Tucson and for Pima county.
 J. NJ. Ormsby of the Arizona Ma tional bank expressed his satistac- ton with conditions Tn these words We have more money on deposst than we had a year ago. There is not an urgent demand, but that is the same here as in the east, only less so heSe to some degree. How ht- tie a demand exists in New York may be seen from the fact that their time money is now lending at no be'- ter than 1-2 peT cent.
 C. E. Walker of the Consolidated National bank said: T consider inc recent statement Of this Bank the best that has been issued in inc last four years. Deposits show -n- crease and it Is what may be termed a particularly clean statement We are being kept fairly busy There IS fairly active demand Tor money but not such as we expect later Tn the year. Tucson looks good and the banks are in splendid condition 10 meet the demands that will come with the increase of bus ness that all Of us expect by fall at the latest. 
 "The statement of the banks of Tucson reflect conditions fairly. said John Nets of the Merchants Bank & Trust company. Our state ment shows that we are in good shape. There are good deposits and money is easy. Just at this time the business men are not extending their business nor their credits. The coun- try over just now there is not an es- pecially active demand. Here it is as there, but there as more adtfyIty in Tucson and that business activity is on the increase. Prosperity is al hand and when the merchants are ready to branch out more widely. when business enterprises start. the banks will be in a condition to do ther part and will welcome the com plete revival Of business interests in the city which is now so imminent"