Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1877-01-27
NEW YORK'S BANKING POWER
,l3i Establishment Doing Bank
ing Business in the State.
Amount orI!,pitaI ..mpioy ed eiG3,
7:s.isU. OF hiyh sIO3, ,6e7,
i3l h. UWncd ~ National
iSank..
Individual Deposits Amount 10 S676, ,955, =
363. Of which the National Banks
Hold S237 l75 ,492


Elsewhere We p:escn. 4 statement
compiled 10y Hon. JnU. Jay Knox,
comptroller OF the currency, which pre-
sent, in detail the resources and liabili-
ties OF the national banks, state banks,
savings banks and trust companies. IN
the city Of New York and il the re-
maiuGcr OF this state al the dates of the
l.:rst official returns The compilation
Is valuable one, because it presents at
Il glance the banking power pt the lead
ng state and city ot the country In all,
there are in this state J29 banking n>tl-
tutiuus OF the various classes, and CO.,
private banks, making =, total OF l.l3l
establishments doing Il banking business
Ih" amount of capital employed by these
l.I3l establishments is :;lG2, ~. 40, of
which Slrj. .jy1 .lgl Is owned by nation
:, banks :; besides watch. there j. So
80, ZGt - surplus lUHds and So, S39.-
"a ui "othcr undivided profits. masking
L total Of S2J3. Dos u9g OF available
capital The individual deposits OF all
the-r establishments aggregate SG76,-
95I,:i63 OF which the national banks
noid s231, ,I.j, ~, the state banks s5G,-
176.9l2, the savings banks S3l9, ,26u, ,2U2.
the trust companies S47. .9j4 .422. and
private bankers $lj.7ss.73j The
amour. here assigned to private bankers
appears very small and j. probably
much below the truth tor the l!gurcs
art. obtained nom returns made - the
romni sfouer ot internal rev"nae OK
TIE purpose of taxation, and therefore
may easily be within the truth.
The funds OF these varioU, classes oI
institutions exclusive OF private Dane-
ers) are employed As follows:
In l"tns and .!I-cuuu.= ..... SIS 'ip -
In / :. bond 10 secure 81. .i6,..'2
"a rIrcuiatlur. ....-......... = II $3.50
lat : boud- iu -cCure deposits -,u-r. ,,J
n | =, npnH-. ny SAY ,iigs banks GO. Oils. -
IN Lpt't-, us other institutions. - -, -
Ia "'n"g i'"n'.-, stock, and mortgages.
WluCh 10y - d h-SlU., .ni.uji, ii..lab, ,1-I
Ect ,-Iti". .urnIturC and \iurca ... 4 ~, Gs5
Cash "m Htmd ami IL | =. Treasury,
exclusive OF checks ..............- = .blI.>'2
Ia hand Ul reserN" agents .-...-..... H,"IG.i,u
The various banking institutions ut'
this state own St5J. 900, 900 OF govern
mrnt bonds, or nearly 10 per cent of the
entire interest-bearing debt OF the gov
erIlmeut. AM in addition. 4 still larger
per ccntage of It's legal tender notes.
The investments in government vhiisa-
lion. equal nearly ouc-halt Of the loans
aud discounts OF the baLhs which amount
to = - .b''',N t'
Aya!hng ourselves Of similar returns
presented in the Complroller'5 repoi,
1870. we find that in May, $50. e
total capital Gnciuding surplus funds
and "other undivided profits OF the
national and stale bank. saving banks,
trust companies private bankers, tor
the whole United States. amounted 10
:NSG, ,j4J.4GS The deposits OF the same
institutions, ii that date. are reported
at - OIL, ,SG2 49O. These figures, SO far
rs respects ali but the natiouu. banks,
are based upon rctrns tor taxation pur-
poses made t" the department Of inter
nal revenue and although they afford
the best data at:ainable they can only
he regarded rs Il fair apNr, Eimatiun
to the truth, not 81 absolutely accurate.
The amount of banking capital employ
ed and OF deposits held by All classes o!
banks and 10y private bankers in this
state and in the remainder OF the United
States respectively compare As follows:
Capital Ueppsrts
K 81 Ui Uulirt states, ~! So Ga l.:ifi, +u1. l.;
Total United states &s>i, 5.5 ifS S3."i!, 46!,i"r
1t thus appears that 2S.G per cent of
the wholr banking capital Of the country
is held in this state: and that our pro,
portion of the bank deposits OF the en-.
tire Uuion is 81 lG per cent This fact
indicates how largely dependent the
whole country i upon the banking taciI-
tiles of tins state.