The herald and news. [volume] (Newberry S.C.) 1903-1937, 1918-09-13
FACTS ABOUT TULSA
AND Bic REUNION
FINANCI4E.. STRENGTH IS
EQUAL TO ANY UNDER
TAKING
BANK STATISTIC SHOW wealth
Ready to Entertain Old confederates
September 24-27 inclusive
A Solid Weess of
Pleasure.


Tulsa, Okla, August-When tpe
ex-Confederate soldiers, and their al
lied organizations, select city in
which to hold a reunion, ff they have
never met in that city before, desire
for information concerning the new
meeting place is widespread through
out the southern states. The Con-
federates last year in Washington
city selected Tulsa, Okla, as the place
for the reunion of 1918. II was the
first time an Oklahoma city had been
selected as a reunion city, and the
interest already mentioned attache
to Tulsa first, to Oklahoma second.
The first and most important con-
sideration among the very large num-
Der of people interested in reunions,
is the matter Of ability of reunion
city to finance the meeting. 1t is we'll
known that, to properly entertain
Confederate reunion, from $4,000 to
100000 is necessary. The question,
therefore, in the minds of the people
of the south is, "Can Tulsa furnish
the money!"
No Confederate reunion city has
more money, population considered.
than Tulsa. Few Of them have as
much, with no consideration as to the
population A brief statement of Tul-
sa's financial strength should dispel
any doubt that may have arisen on
this score. In fact, the fund for en-
Pertaining the reunion is already SUBJ
scribed and assured One hundred
thousand dollars, if necessary. will be
expended to entertain the reunion.
A consolidated bank statement re-
veals the strength Of the community
in money. Under the comptroller's
call for bank statements of the date
of May 10, 1913, the banks of Tulsa
showed the following wealth:
Total capital and surplus, s3,0So,000.
Total undivided profits, s490,159.23.
] Total deposits, s52,3s6,215.57.
! Total resources, $59,6S2,974.02-
J Examine now the table of bank
clearings. In the month of June, 1918,
i the total clearings, as shown by the
report of the clearinghouse associa-
tion were s47,0S2, ,045.17. Taking these
figures as monthly average for the
year, the total clearings for 1913 will
be s564,s84,540. This statement is
under, rather than above; the figures
for the year, because the clearings
are increasing every month. 1t is
safe to estimate the total bank clear
ings for 1918 at six hundred millions.
The clearings in June, 1918, were eos
per. cent above those Of the same
month of 1917.
While Tulsa is the great money
center of the southwest, her people
are patriotic also. They are giving
and lending their money to the gov
ernment for war purposes in large
volume At the close of the campaign
for the third liberty loan, the COM
munity had donated and loaned to war
purposes s1S,6O7,SO0. This statement
includes three or four comparatively
small donations to educational and
! charitable institutions, az ogether
amounting to less than million dol
lars. So, Tulsa has contributed more
than s17,0Oo,O00 to the various war
loans and straight donation funds
) Her quota of s4.6O00O0 in the third
liberty loan, was subscribed in less
/ than week.
| A community that enjoys the finan-
.cial strength that these figures in
dicate, can finance any undertaking
it may invite. Tulsa invited the
j confederates to come here with their
/ 1918 reunion, fully understanding
what it would cost. And Tulsa VIII
nav the reunion bin.
Tulsa will not only pay the reunion
i bill. but she viii pay 1t ungrudgingly
She will also extend the glad hand
to all reunion visitors. The dates Of
the reunion are Sept. 24-27 inclusive
The railways have granted rate ci
one cent a mile each way, tickets te
go on sale September IS, good fol
returning home as late as October 81