The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-03-17
For First Time in History 500
Million Mark Passed.
Shows Increase of 40 Millions
Over One Year Ago.
BIG REAL ESTATE DEALS
Prosperity Takes Jump Since
Outbreak of the War.


For the first time in the history OF
Kansas. deposits in state banks have
passed the 800 million mark. In
report issued today walter z. Wiz
son, state bank commissioner. shows
deposits in 1.09e state banks amount
ing to $3O3,0s6. 1880. The showing
is an increase of 4S millions over
year ago and more than ten million
over the former report issued in Mo-
I vember
/ While state bank deposits jumped
( AZ millions during the year, loans and
discounts climbed to a new altitude
! record. They show $257,1S0.411.29
/ for February IA this year. as against
| s2O0,107. .312.96 for February 81, last
year. The two big records in loans
| and deposits at this time were a sur
prise even to many shrewd bankers
who anticipated a slight slump from
the November showing owing to
| money demands and inability to move
last seasons crops promptly.
| Real Estate Record.
Funds in Kansas banks to be used
! in property transfers March l, ac-
| counted for a portion of the big in
| crease. according to opinions of bank
ers. 1t is asserted that real estate
/ transfers March l. this year broke all
! former records for the state.
The reserve of the 1.09S state banks
last month was % per cent as COM
pared with . reserve of 25 per cent
shown by 05S state banks in their
report for February FL. 1919. Re-
sources of the banks were s364529.-
992-59 as against $30S.100,099.20 in
February last year and s352,592, ,47S.3e
! November Is, 1919.
Deposits shown by the report for
February are more than five million
dollars in excess of any former record.
The report for August %. 1919, showed
2eS millions on deposit in state banks.
Not until war time prosperity hit
Kansas were the state banks able to
reach the 200 million mark In de-
posits. In fact it was not until March
Is, 1917. when the state banks reached
the 200 million mark in deposits.
Gain of 1S0 Per Cent.
The first report issued following out
break of the world war was September
II, 1919. when 936 s.ate banks report
ed 113 millions in deposits Increases
from that date to February this year
have been more than 1870 per cent. In
other words prosperity which came to
Kansas since outbreak OF the world
war has increased state bank deposits
alone more than 100 million dollars
Commissioner Wilson's report shows
comparative condition of the state
banks for February. 1890. Returns
also show 658 guaranteed state banks,
while cash and bonds now in the s axe
Dank guaranty 1unQ amount TO VI
43,056.59.
Wilson's Report.
Following is the report:
Report Of Report Of
Feb. Ii. 1920 Feb. 2i. 1912
Number banls
reporting 109S loss
RissoI RCF;s-
! Loans and dis
counts -. so. .1so41l. 20 $500 1o7 .s1s 90
overdrafts -. 155i,57513 1.1os,s;ii.95
owned -. 1,o72. $1,000 1,sO7.6o5.Gf
'l uit're i,i and fix. fix 5s42,7117o 0,2s5.542.ss
Guaranty fund
Bonds, war'nts 265O7, ,osO;:S s1,3IOs5I.os
Cash items and
Gil items ; ss46e Gs g. 81 i4g e; II 17'a9 e
, transit -. 2.7o55oLo9 1esoE,c4.Ge
Other resources 519932f4 f9i.445;;2
Total ........ s3Gi. i.529, 1872 80 s3Os 100 oe9.o
LIABILITIEs-
Capital stock. $ 2T24aOOOOOs 25faa 60O0o
Surplus fund. 13.sS5.5s5.T0 IL. .456so2.5
! it, Cnet, -. s.e5aas7.s2 83G545eI5
Div'ds declared.
. hut not paid. G.19iS 31.141s9
Total deposits so3 CSC $3.50 2CO 2o35Sa:;s55
'a1 and bis bills pay. iye 11.a4soa4co c.aoso n
''r reserve fund 4sosssIo 5eos1s.7s
Il. +. loans sold
with repurch.
= ag. (tr'st cpsl 4.f2s,GO1.Jo ..-....-....
Other liabilities
(b'ds Dor, etc. 3s1 +:J0es s9T41.9
Total ....... s3d4, $50 9oa 20 sses 10000 90
Legal reserve. 22o5 2oT