Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-10-07
Review of Organizations Rec.
ords Show the Wonderful
Growth of Tulsa Banks.

There is no meter which can be
placed on the financial institutions
Of community. capable of register
ing the certain pulse OF these institu-
tons with the efficiency OF a well
organized and properly operated
clearing house.
Tulsa from the beginning Of the
undertaking. has been fortunate in
having such a clearing house orga-
nization, directed by the clearing
house association with representa-
tives in each of the ten banks of the
city.
A review of the records and data
collected by this agency is barom-
eter Of the ever increasing activities
and resources Of the Tulsa banks.
With the opening of the Tulsa
clearing house, the banks OF Tulsa
showed, at the close OF business on
479.35 and total resources Of S4,620,-
662.37.
A Steady Climb.
A steady climb In both Of these
Items was registered by the banks OF
the city by this showing. the totl re-
sources for the banks at the close OF
business on November 16, 1909 being
s4.734, ,6S2.61, while the total re-
deposits were S3,S09.329.03 or q de-
crease for the year Of 1910 of ap-
proximately one million dollars In
each item.
The climb was marked from that
point onward, and at the close OF
business on December 8, 1911, the
banks of the city showed a total de
posit OF $4,40S.731.31 and total re-
sources as shown by a call Of that
date of $500, ,050.s5.
Almost q year from the call noted
for the year of 1911 call was issued
by the comptroller of currency for
the business of the banks at the close
OF February 20, 1912, and the total
deposits of the banks had registered
a slight drop. registering at this time
S4.092,sS7.96 and total resources Of
S5,3S1,932.25.
The year of 1918 be3ln to show the
real growth of Tulsa and when the
total business at the close OF Febru-
ary was published, the resources OF
the Tulsa financial institutions had
poHts had shown an increase Of ap-
pfoximately so per cent and were
s6,426,19S.70.
russ ICu NuuTks
The ten million dollar, mark for de-
posts was passed by the Tulsa banks
when the call for March 4, 1914. was
issued and responded to, and the total
deposits were marked up to $10,054,-
1884 at this date with the total re-
sources at 1886, ,424.24.
This increase, however, was TO be
outdone by the succeeding otll for the
status Of business of the combined
banks of the city on December 81
1915, and the total deposits had
mounted to a new and record mark
Of $16,29S,975.53 and the combined
resources to $1S,4S1,704.SS when this
statement was published.
One year ago, in 1916, the COM
bined deposits were almost ten mil
lion dollars greater than In 1915, for
the published statement Of the banks
showed that the combined deposits OF
the financial institutions OF Tulsa had
passed the quarter OF the one hundred
million mark, and were. exactly
$26,110,S26.47 and the combined re-
sources $2S.570.S57.79.
A review Of this report will show
that there has been a steady increase
In both the combined deposits and
combined resources OF the Tulsa
banks since 1912, and the small drop
during that year can be attributed to
the fact that without an exception,
every bank in this part Of the country
experienced like decrease In de-
posits. Tulsa was not alone In this
experience.
No better insight into the conditions
Of Tulsa's banks can be secured than
by q brief look over the statements
issued by the ten financial institu-
tions of this city upon a call Of con-
ditions at the close OF business, May 1,
1917.
Statement Given Publicity.
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py the monuu a ~ ,,t,,s nensnant thrn'
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m',.' mouIa h'', V' ,am ~ s,rnra nniIiny n"v,s,
duis,s ou' s,uan,as ~, .oT 1 iunt,,p,inna ps
VI VIE v az aSsnrt 20 nvo,d nIacin, ,hs
n VIII 49, az a. nj. ,is. p'i,h rsfar.
se.eiai o,r am. s,anainn I ao"nra,na to
snoo sn,,S =. rasouroos , ~ % n,toi stnct " n
repoS ueios s,,,,,,aaru 90 tha rnnd,,ions y,
~ ,on hanrs ~ T,is, on tho, 5ate
.iu umT @ ha nsY,nn onar,ng ~ noSrsa ,yI,S
the Exchapge National which is one
Of the strongest financial institutions