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Parent Issue
Day
7
Month
September
Year
1892
Copyright
Public Domain
OCR Text

The Btarttng of the new bank, whieh seems to be aesured, wfll be a gool thi'ug for the merchante of the city, tor it mnkes so mach more competirán Sor loans, making money cheaper, and afíordw hlgher ratea for deposite. Bat Jus how tluit will help e new bank, starting without surplus, deposiits and estoblished business U the problem for the stotkliolders. The Savtags Bank got its tKUg statt-t by 8, i) ;mJ 10 per cent. interetp, aul in thie dys when no iniiitei-est Waid to be paid on deposita ot' cóuurty, citly nnd private raoniew. T!ie F. ü 'M. Bank made its money on T am! 8 ier cent. loans. Now, bot'h tihiese ha.nks are payitog 4 per cent. on (leposl'ta alnd setting only 0 per cent. .ui oans. leavlng but a mail margin. Money ík getting chiftaper every year, and tlve new bank's stookhöldBs must no! be (lUai)])ointcd if it takes som time to bulld np a paying business. for it will be on a narrower margin of profits. A View of the World's Fair Buildings. lm the Torm of a largie sized litliograph, in eiight colore, wlth key to same, ram be had by Kt'iidiiiK your adáresB with twenty cents in ixsta)it' staniils, to (co. H. IIcMl'ford, (i. P. A., C li 'ago, Milwnnkcc & St. Paul R'y, Oliïcago, 111. As the Bunpply i.s limitii. applloa-tlons must be made early. simula the supply becoone eshausted the psotage etamps wiU be retnrned to appli:aiit.

Article

Subjects
Old News
Ann Arbor Courier