New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-11-30
THE CONTROLLERS REPORT.
GOLD, SILVER AND PAPER M0NEY-sECURiIf PRO
yIDgD BY NATIONAL NEUTRALITY-SUSPICIOUS. AM
RECoMMEN CATIONS

GOLD SILVER AND PAPER MONEY-sECURlrf PRO-
yIDED BY NATIONAL NEUTRALITY-SUSPICIOUS. AND
RECoMMEN DATIoNS.
WASHINGTON, Nov. 29.-The report of the
Controller OF the Currency ready for transmission TO
Congress. Tie number OF National banks organized
during the year ending November 1882 mas been ILL.,
with an aggregate authorized capital OF $lo1oI3oo 10
which SC in circulating notes have been Issued
This is the largest number Of banks organized In any
year since 1872 and they located by geographical
divisions as follows: Eastern States, banks with
capital OF 95O000; Middle States &C. with capital OF
25l7 900; Southern States, 20, with capital or
S2,775 300; Western States, sc, with capital OF
S794OO 600; Pacific States and Territories, Fl, with
capital of 900. Nineteen banks with an agsre-
gate capital of 81 900 and circulation Of $l440SOO
have voluntarily discontinued business during the year.
The number banks organized and in involuntary qu
dston given exclusive in each case OF those banks
which have gone into voluntary liquidation Turing the
year and have succeeded by other banks with the
same or nearly the same shareholders
National banks organized in every State OF the
Union and in every organized Territory The total num-
Der in operation October last .2260 and ia the
largest number that has ever been in operation at any
one time The capital Of the 2239 National banks In
operation on July 1892 $4771S4390 not tnclud
ing surplus which fund at that date amounted to more
than 3l OO0 while the average capital OF all the
state banks private bankers and savings banks or the
The Latter amount less than twohs of the combined
capital and surplus OF the National ban a..
The report gives and liabilities OF state
banks trust companies and savings banks and from all
of hese in the country so far as they could he Cd
states The capital stock OF 70i State banks and trust
companies is S1l3,oOo,ooO, their deposits $40,
wears Of Sl,OOO,OOO in capital. 100000 in
aenosits and SI23, 100000 in loans and discounts
Returns made TO this Departme snow tnat Iae to,ai
of banks and bankers IN the country, Including
savings banks 1902, with total banking capital
of SID 366 AMI total deposits of $2,s50,67S17s
| EXTENSION OF CHARTERS OF BANKS.
In conformity with an opinion of the Attorney
fifty banks during the year been organized 10 sue
coed other institutions whose corporate existence has
expired and which had previously given notice of qui
daton These banks have in most cases. been organized
with the same title that of the banks which had been
| placed in liquidation, and by the same STOCK
tTrtV banks have already extended their cor
pOrate existence. and nearly all or tine banks when
were organized under the act OF February 20, ls65
vantage the act Hhe total number OF banks whose
corporate existence either has expired or would nave
ernred il no action had been taken by their stockho1
ers is So having capital OF $1S,S775O0 and surplus
OF Sc 994 s54 ana circulation OF SlZs4OOlo Of tnese
30 were placed liquidation by their stockholders pre-
yous to the date of the expiration OF their corporate e1
and all but two before the passage tne ACT OF
| July l2 1882. The stockholders OF 40 OF these
iaidaung banks organized new associations with the
same names those Of four organized new associations
with different names, and those OF one dld not perfect
any new organization Inc corporate existence oi SIX
| of the SO banks first mentioned expired without
| having been previously put INTO liquidation
| Toe United stockholders OF three or these banks
| perfeced new organizations with the same names, and
IN the of two others portion OF the stockholders
organized associations with different names, while
those of one action. The stockholders Of the
naming 30 of the SO banks mentioned which are all Of
the banks whose corporate existence nave expired since
the passage the act of July H. 1882 have extended
The number OF National banks yet in operation at the
date OF report organized under the act OF February
o. sos is 307 their corporate existence will ex
pire on the following dates: