The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-07-16
State Bank Statement Shows
Gain in Capital and Surplus.
DEPOSITS Less Than Last Call,
but Greater Than Year Ago.
GOOD CROP PROSPECTS HELP
Bank Commissioners DolIey
Discusses Statement.
Strong Demand for Money for
Handling Crops.

The results of the call statement of
June IA, for Kansas state banks shows
an increase in bank capital, surplus
and undivided profits of approximately
$1,600000 over that of one year ago.
Overdrafts have decreases $54, 900.
Bank Commissioner Dolley says of
the last statement: 1T shows a falling
off of deposits from the last call which
was fully expected, although the total
deposits are still about million over
those of one year ago. The decrease
is a usual occurrence at this season
of the year caused by the strong de-
mand and use of money for agricultural
and farm purposes, planting of the
crops and the harvesting of the alfalfa
and wheat crops. The alfalfa and hay
crop is the best for years. The wheat
crop will exceed all previous estimates
and 1 believe will reach fully 100 mill
lion bushels.
The corn crop prospects have not
been more promising for many years at
the middle of July than it is now.
General business in Kansas has inn
proved very materially during the past
80 days and the last half of 1912 prom
lses a strong betterment over 1911.
The money market in Kansas has
been quite close during the first six
months of the year but is loosening
up daily and within a short time W.
will have an easy money market caused
by the large returns in sight from ag
ricultural products.
The stock market is very satisfac-
tory indeed. The high prices of live
stock assures the farmer of a very
pleasing profit on his investment.
There is more or less concern in
the business world regarding the pos
Sible results in American politics and
the business world is playing a wait
ing game until results can be more
clearly defined. In the past our nomi-
nations have quite clearly defined the
result in November, which is not true
this year. 1t is impossible to predict
with certainty the November results.
From a commercial and finano ial
standpoint, however, Kansas rates 5
per cent perfect for the year 1912"
Summary of statement of the S99
state and private banks of Kansas at
the close of business June IA 1912:
RESOURCES.
Loans and discounts ...........$ 81 9S4, 49,. .25
OvefdraftS ---................ 62S, 40l 80
Other real estate ............... 555, ,935. 80
Banking house, furniture &
fixtures . ...................... 1861, ,435. SO
Bonds and warrants ...-.....-. 1851. .152. %
Cash items & clearing house
Cash and sight exchange...... 81, ,6S2, ,O49. So
Other resouces ............... S73, ,702. 81
Total .s128 500 262 IA
LIABILITIES.
Capital stock :..--.--.-.-.$ Il, ,995. 300. 60
Surplus ACKNOWLEDGEMENTS. 6,903, ,35S. S3
Undivided profits (NeO..-...--. 2,675,3 1874. .91
Dividends declared but not
paid =. ACKNOWLEDGEMENTS. r. SS9 90
Totals deposits Observation-Disclosures. 9S,6S7, ,66S GO
Bills rediscounted and bills
payable =. Observation-Disclosures. 1875 1s2. ID |
stockholders reserve .......... SOL, ,S67 81 |
Other liabilities ................. 1877, ,150.Of |
Total =. S12S, ,S99 262 IA |
Deposits April ?, 1912. 2........ $102. .12S 200. A
Deposits June IA, 1912......... 9S, ,6S7, ,66S. go |
Decrease >. Observation-Disclosures 344O, ,531. 70
Reserve June Il 1912. 81 2-1o per cent