The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-01-19
RANKS ARE AFTER
LASTING PRESTIGE
Tulsa's High Position In
Financial World Must
Be Upheld
AFTER MORE RECORDS
New Records In Past Have
Been Sort of Habit With
Tulsa Banks

r,,,, bank and financial instltu-
-. I'M tno city is intent on GOING
'''"' t.ytdual share toward making
- more secure Tulsa's already
r.,.gui.,d position In the financah
- qhough the last setting sun
,t.Ig saw recorded for Tulsa the
Si.e..t banking year over accredited
..'e. r,.y of her size, the morning
" "''' 1920. which has scarcely
'.a'y,s...t find the samo forward look
49, runnciers who created last
'-e . racords busily at work plan
n, f,r the future with their eyes
ign,eJ by a vision or even greater
ac6i.,srcuts in finance this year.
figures do not lie. But any ilb
.snvinK the bank deposits,
c,earings or transactions III iu'so
..,ynys misleading to the OUTSIDE
.sSr.I ioor before the computation
y, tnc figures is completed greater
t'.,rcs nave been recorded by the
- ~ the city, and while the news
-. r,yy record Is being read by
40 world newer and more remarks
sbIe records are being established IN
P"rord breaking has become a
go, Of habit here, and although
a., wealth of the city per capita Is
a., Greater than that Of any other
rI,v In the world OF equal popuIa-
ION every banker in Tulsa Is pan
Ming ON a far greater volume OF Dust
rrss this year than ever petoIe;
Within recent months tne capl'ai
stock OF practically every pank IA
~, eity has been greatly Increased
Sc,r cmploycs are constantly being
,.cse,si;attd banking rooms are con
FINALLY being altered to afford more
sn,re. and some of the banks are
eiam0riug for new buildings.
Somc conservative citizens may
tay, thought that Tulsa had too
many banks. when just seven months
ago n new 0ne, the Security STATE
benk was organized. Since that time
tbe new bank has flourished as no
other financial institution ever dld
in the same period OF time In 'Okia-
Loma. Though Maj. Alva j. Niles,
president OF the bank. declares that
they are just getting into thelr
stride the bank already mas I'oOu
accounts on their books, whlcn 70
tailed al the first of the year $l,oOO,-
coo
Achievements OF the youngest
hanks IN the city during the past
are no more remarkable than those
OF the Oldest bank in the city ana
also in tho county. Officers OF the
First National bank assert that their
business has made greater strides IN
the past year than In all OF the other
"a years in its history, In a measure
this Growth was n result of moving
into their new and commodious quar-
ters. which gave the institution the
needed opportunity TO expand. De
posits of the bank show n gain IN
1919 OF 100 per cent over deposits
Of the preceding year. PARTICULARLY
are the gains in the savings depart
ments OF the bank noticeable. Al
ready the total savings accounts
almost reach the 100000 mark, and
are the result officials of the banK
declare. OF a systematic campaign OF
newspaper advertising. Two new
members have been addb TO the
board Of directors, Thomas ID. Lyons
ard w. l., Kistler.
It may be very comforting TO hold
the title OF the biggest financial in
stitution in Tulsa and I'm Oklahoma.
but that unquestioned title is not
enough to satisfy the ambitions OF
the Exchange National Bank ana
Trust company. Preparatory to the
increasing business that is antici-
pated in the present year the stock
holders OF the corporation saw tit TO
increase the capital stocks of both
the bank and trust company $3.50
600 each, which places the capital
surplus and undivided profits Of the
bank above the two million mark,
John y. Murry and Harry II. Rogers
have been added to the board of dl-
rectors OF the bank and Clint Moore
has been made q member OF the trust
company board OF directors of the
trust company.
Increased business Of the past year
and the bright outlook for the com
Ing months are responsible for tho
action on the part of the shareho old
ers Of the Liberty National bank In
ooubling the capital of the institu-
ton making 1t now $500, 900, with a