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Promotional Advertising Steel Bank"The Northern Bank,MooseJaw,Saskatchewan"c 1905

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Coin Operated480 of 1239Promotional Advertising Steel Bank"SEROCO"c 1903-4 +Advertising 1929Promotional Advertising Steel Bank"The Peoples State Bank,Coffeyville,Kansas"c 1915
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    Posted 8 years ago

    Alan2310
    (915 items)

    Hi
    Everyone.
    Here is a rare Canadian Advertising Steel bank,"The Northern Bank,Moose Jaw,Saskatchewan" It's not so often we see a Canadian Bank, from w.f.burns, most of them are in US, but still happen they show, but no elution, very scarce to come in the market.
    Manufactured by W.F.Burns, Chicago,1 January 1901
    Serial#860

    Thanks for Viewing.
    Alan

    ---------------Northern Bank (established in 1905 in Winnipeg)----------------
    ------------------Merge with The Royal Bank of Canada 1918--------------------

    The Northern Crown Bank was the offspring of the 1908 merger of Winnipeg's Northern Bank (established in 1905) and the exclusively Ontario-based Crown Bank of Canada (1904). Winnipeg remained the new bank's home base as it was ideally situated to serve the Northern Bank's strong western agricultural business base and to capture new business opportunities resulting from the rapid settlement of Canada's West.
    National status required eastward expansion but the Northern Crown failed to build any significant "eastern" commercial opportunities to counterbalance its predominant agricultural-based business.
    The Northern Crown's inability to establish more than a meagre presence east of Lake Superior left it vulnerable to the cyclical patterns of Prairie agriculture. By 1916, the bank's management had failed to build a sufficient inner reserve fund and provision for bad debts sparked an unloading of the bank's shares at depressed prices. Royal Bank's 1918 purchase of the Northern Crown and its strategically located network of Prairie branches offered Royal Bank a strong network of branches in Manitoba and Saskatchewan.

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    Comments

    1. Caperkid, 8 years ago
      Nice one Alan.
    2. antiquerose antiquerose, 8 years ago
      Yes. there is a City in Saskatchewan called Moose jaw

      https://en.wikipedia.org/wiki/Moose_Jaw
    3. Caperkid, 8 years ago
      Been there great Jr Team.
    4. jscott0363 jscott0363, 8 years ago
      Alan, Another great bank!! And again, the history you have here is just wonderful!!
    5. Alan2310 Alan2310, 8 years ago
      @Caperkid, I am more then happy that you love this one, scarce one for sure in my collection, more from Canada to come.
      Many thanks, for the comment and also the love, really appreciated you take some time to stop by.

      Alan
    6. Alan2310 Alan2310, 8 years ago
      Many thanks antiquerose, Scott, for the comment, really appreciated you stop by.
      @scott, yes, I love to research on the historical profiles of Bank from the past.

      Alan
    7. Alan2310 Alan2310, 8 years ago
      Many thanks Mike for the love,really appreciated you take some time to stop by.

      Alan
    8. Alan2310 Alan2310, 8 years ago
      Many thanks, Kevin

      VioletOrange

      bb2

      Manikin

      officialfuel, for the love, really appreciated you stop by.

      Alan
    9. Alan2310 Alan2310, 8 years ago
      Many thanks, Trey

      bobby725, for the love, really appreciated you stop by.

      Alan

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