PLENTY OF BANKING CAPITAL.
Buffalo is blessed with splendid banking facilities. There are now nineteen banks of deposit in the city with a total capital of nearly five million dollars and a reserve of nearly eleven millions. Five new banks have been started here since the spring of 1891. Our bankers are cautious, conservative business men, and banking business in this city has always been conducted on conservative lines. The solid financiers who control these great barometers of our business life have never invited disaster by loose, speculative methods. Like the arch in the foundation wall of a massive structure, gaining strength from increased weight, has been the prudence of our bankers, and to-day our banking institutions rest upon secure foundation and are ready for the branching out and growth that will come to them with the rapid increase in industrial enterprises resulting from the world’s cheapest power. Prudence has been the watchword of success in the past, and it will continue as the governor in the greater transactions of the greater future.