Bank loan ETFs in demand for yield, rate cushion

Butte’s Banks Are Rated Amongst the Strongest Financial Institutions in the West (1915)
bank rates
Image by Butte-Silver Bow Public Library
Butte’s Banks are Rated Amongst the Strongest Financial Institutions in the West (1915)
From left to correct: 1) Yegen Brothers’ Bank, two) Metals Bank Constructing (1906) 2 W Park, 3) Miners Savings Bank, 55 W Park, four) First National Bank located on N Main street, five) Silver Bow National Bank, six) Daly Bank &amp Trust Firm (Anaconda Firm Payroll Office).

&quotButte has six huge banking institutions with total deposits of about ,000,000 and with an aggregate capital, surplus and undivided income of about ,000,000. The bank clearings in 1914 had been close to ,000,000.
Of the six big banking institutions, two are national banks – the 1st National and the Silver Bow National. Clark Brothers’ and Yegen Brothers’ banks are private institutions. The other folks are the Daly Bank and Trust business and the Miners’ Savings Bank and Trust organization….
It is indeed refreshing to live in an atmosphere of lots and prosperity, such as Butte boasts. With liberal wages and an immense payroll always in evidence, cash is ever plentiful, trade is usually brisk and financial failures are couple of and far among. From the capitalist to the laborer ‘tight money’ is practically an unknown commodity in Butte.&quot (pg. 17 of Butte, Montana)

Image taken from pg. 16 of Butte, Montana by John H. McIntosh.
View complete book at the Montana Memory Project.

Exclusive ID: mze-butt1915 pg 16.

Kind: Pamphlet

Contributors: McIntosh, John H., Chamber of Commerce (Butte, Mont.) Merchants Association of Butte, Montana. Rotary Club (Butte, Mont.), McKee Print Co.

Date Digital: August 2009

Date Original: 1915

Source: Butte Digital Image Project at Montana Memory Project (read the book)

Library: Butte-Silver Bow Public Library in Butte, Montana, USA.

Rights Info: Public Domain. Not in Copyright. Please see Montana Memory project Copyright statement and Situations of Use (for far more information, click here). Some rights reserved. Attribution-Noncommercial-No Derivative Performs.

A lot more information about the Montana Memory Project: Montana’s Digital Library and Archives.

More data about the Butte-Silver Bow Public Library.

Search the Butte-Silver Bow Public Library Catalog.

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