National Republican., 1883-11-19
SOMETHING ABOUT DOLLARS
Annual Report OF John Jay Knox, Comp
trolIcr OF tho TrenAurY.

trOllcr OF tho Treasury.
In the report of Comptroller Of the Cur
rency Knox, which is now in the hands of
the printer, reference is made to the affairs of
banks trust companies, and savings banks,
which arc organized under tho laws of tho
different states, returns having been received
from twenty-four states. Many Of the states
and territories, including Virginia, West Vir-
ginia, North Carolina, Alabama, Arkansas,
Tennessee, Illinois, Kansas, Oregon, and Da-
kota, do not require periodical returns of the
condition Of the different classes Of banks
organized under their law. These returns
show the total assets and liabilities in 1880 to
have been $ls1, LIZA, ,150, while for 1888 they
are 1924, ,470,613.
The aggregate resources and liabilities of
620 savings banks in 1880 were 1881 ,677, ,350
and of $50 banks in 1883 81, 1lS, S,790,9i4, these
figures including returns from six New Eng
land states, four middle states, not including
Delaware, from Ohio, Indiana, California,
and the District of Columbia.
Tho aggregate of loans in the New England
states is $272, 1854, and Of deposits S453,-
S90,090 In tho middle states tho aggregate
OF loans is $169, ,101,7 no and of deposits $780,
0H,206.
Some of tho largest savings banks in the
city Of philadelphia organized under old
charters, are not required to make reports to
any state officer. Returns received directly
from four of these banks having deposits
amounting to $32, ,347,733, are included in the
returns from the state of Pennsylvania
The savings banks deposits, given in tho
foregoing, based upon reports made to state
authorities arc 81 ,02i, ,S56, ,767, and tho depos-
its Of tho state banks and trust companies
were S50O374,217. These returns do not in
clude bank deposits The deposits of the ma
tional banks on Oct. 2, 1888, exclusive of
those due to banks, were $1,063,60l ,156.
Those deposits of tho national banks bear to
those of the savings banks the proportion of
6S TO 81; and to tho combined deposits of
both the proportion of Al to so.
The total population Of New England, &C.
cording TO the census of 1880 was 4,010,529,
and tho number of open deposit accounts of
the savings banks in the year 1883 is l 1868 997,
which is equal to 3i.1 accounts to each one
hundred of tho entire population. The
| average amount of each account Is 1881 155,
and if tho total deposits were divided among
the entire population the average sum of
$1l317 could be given to each individual.
| The deposits of tho savings banks in the
state of New York were $412, l47, ,2l3, while
the population is 5,0S2,S71, showing that an
equal distribution of the savings banks de-
posits among the entire population of the
state would give $S10S to each individual.
The comptroller has for the last eight
years compiled the returns received by the
| commissioner of internal revenue from the
state and savings banks and private bankers
| for purposes of taxation, showing the average
amount of their capital and deposit for
each six months, and the amounts invested in
United States bonds. The law requiring such
returns to be made has not been repealed,
but as the tax on capital and deposits ceased
Nov. 30, 1882, it is not expected that such re-
turns will hereafter be transmitted. The
comptroller must, therefore, hereafter de-
pend exclusively for this information upon
the returns to be received from the officers OF
| the different states, and he has therefore, pre-
pared an elaborate bill, which he desiresshall
if possible, be passed by the legislatures Of
those states which are without laws requiring
returns to bo made to state officer.
The first official information ever published
in regard TO tho private bankers of the
country was contained in q table In tho comp
trollers report of 1880, and the law requiring
| these returns to be made having now been
repealed, o similar table for the six months
ending Nov 80, 1882, when the tax on capita
and deposits ceased, is given, which is tht
last table of this kind which can be presented
In sixteen of the principal cities there art
! H9 private bankers, with capital of 500,
366, ,345, deposits amounting to $10i, ,4i5,33S
and with $9,994,2 ,2OS invested in United States
bonds.
The average capital OF these private banks
| is $780, 42t, tho average deposit $139,d4
In the city of New York the average amount
of capital is $1O2, ,2s9, and deposits S109,51l
for each private banker, and the banker
in that city also held $7,926,545 of United
States bonds, or over one-half of the amoun
of such bonds held by all of tho privat,
bankers of the country.
There are 2,6l1 private bankers in thirty
four states, exclusive of the cities in the abov'
table, the average capital being $A,75S ant
the average deposits $69,s09.
There are in all the states 2,6l1 banks, will
on aggregate capital of S,533964 and tota
deposits amounting to $lS1, ,270.757.
Massachusetts has only three private banker
outside the city of Boston, with an aggregat
capital of $6s,333, and aggregate deposits Q
$572,673. Maryland has but three privat
bankers outside the city of Baltimore Th
state of Maine has nine private bankers, Mort
Carolina but five, New Jersey four, Delawar
and Vermont only one each.
There are in the United States 3,412 privat
banks, with an aggregate capital of $105,276
233, and aggregate deposits $255,9575l9.