The Alaska daily empire., 1920-12-17
BANKER REVIEWS
 CONDITIONS NOW
 FACING COUNTRY
No Danger of Financial Panic Too Early for Predic-
 tons on 1921 Fishing.

Alaska in general and Juneau in particular never looked so good to me as they did on my rotarn. When Ketchikan was reached, the feeling of unsettledness which prevails in the Pacific Coast cities, seemed to go quickly and as the steamer came nearer to Juneau, and the Capital City was finally reached, had that grand and glorious feeling of being back home in the good old country.
 This is the way Harold H. Post. Cashier of the First National Bank of Juneau, gave way to his sat isfactiOn at having returned to Ju neau after six weeks trip along the coast, his tour extending as far south as San Francisco where he visited his mother, and F. w. Brad ley, director of the First National Bank of this city. Mrs Post re mained in Seattle but will return to Juneau after January 1.
 MT. Post spent considerable time visiting while on his trip but also gave attention to affairs connected with banking and in ascertaining con ditions as they now exist along the coast
 According to my observations an1 talks with bankers and others of the financial world, no panic is looked for and the country is going to come safely through the reorganization per ;NI b,y conditions will soon be back to pre-war days. All banking institutions are on 6 solid basis and the failures reported from time to time are those of small capital and whose failures were caus- ed by officers who did not protect themselves on loans, etc." said Nil. Post
 "The importing and exporting bus mess has made many changes along the coast and caused several sharp financial reverses to the exporting and importing companies but none of the banks involved suffered a.s they were protected and will take the cargoes and dispose of them, thus liquidating many of the debts af the companies. The importing and ex porting business reverses were caus- ed by commodities declining while in transit.
 Take for instance the little pea nut-this commodity scared during the war and purchases were made on I rising market. Foreign shipments ln hi hnI DTDI Its and thousands of tons of peanuts were in transit the price dropped 50 per cent It was the same with other commodities and the exporting and importing companies suffered and some of them went to the wall. The banks, however, took the car goes and will get back their money and have some over to assist the companies.
 Business conditions on the coast are peculiar One can go to the used automobile agencies in San Francisco and Seattle and secure any make at almost below factory price. The agencies have their display rooms filled and cars parked outside The cars are not even run into the rooms at night, not only because of lack of storage but thiev- ing has stopped, for aside from joy ride, there is no place to dispose or cars. During the high wage period. cars were purchased by those of the middle class, and now that the high wages have dropped, cost of operat- ing cars has kept up, the middle class find themselves up against it, and the cars are sold for anything. The middle class also went in heavily for jewelry during the high wage period. Now the pawnshops are reaping the result for people must live and bit by bit pieces of jewelry find themselves reposing in 'uncleG establishment.
 q was surprised at the apathy of shoppers in San Francisco and Sc attle during the start of the holiday season. The merchants told me the trade looked as if it would be late in starting but they looked for 1t tc be as good as in former years, the people waiting until the last days before loosening up and making de cisions as 10 what to purchase.
 q met many Alaskans while in tfe South and all were enjoying them