The Opelousas courier., 1883-06-30
TEXAS BANKS.
Interesting statistics R.garli,e r.r.
iGSiiiuti0nr. . bihkls,

"AtHa
~7-rei4l corr- Galveston New,
Wasl"@"t"%, Na+ i. 1881 =,
are few things }#opio like h. liaers
talk about ti'm money, and if th 'e,ef %
not talk about their own, not 'l ~. esa
amy, they ,n'k about that helonn n$'las
some otI'"l man. IT. is not illo%snlsh
think t!rat III peopl" like to talfP a ea
money, they would be pleased r. 'I0pt
something about it, cyon if loctsae '
in a bank vault, This led mo rta p
the trcosurv, to make some inv Ta1sa
ton" as to the natlonal banks Of Ts5s5,
osting ~ we'll rs material snb l,'et,
will tell the readers of the Ee,rpst
facts, statistical and otherwise n q len
ncction with these banks. Lone bs oea'
the war terminated hundreds ~ ' ~
had commenced business ~ 'pea
North; indeed it was largely . 100
measure, and, as " result, the South y,
a necessity has been !e5ss upplied r;S .
proper banking facilities. This saa
was raised in Congress after thu ~as
and the representatives Of the so NY.
had to work hard to get anv tSs.l
from tao dominant party. This b lung
the o'ss, 1t Is but natural that natt;;o rs
al banks in the South are not 90 ,'oa'
merous, and 10 not occupy TINT u ua'
;aanding position in the financial ve ua,
as those do in the North. WI
IL the State OF Texas there ayatx,.
ty-ona national banks, having an ' =
gregate capital Of 81, 952, 900. 'rba ~ y,
Antonio National bank has the la,s ~
deposits Of any in the State Of Tasss''
amounting to S1.l87 259.33, tb;s ~
with e capital stock Of $125. 600. IT,
First National bank at Galveston H..
the largest capital, S3 1900.
The total liabilities of the nation,
banks in Texas are $l0,573,O4 81. y a1
they have a surplus fund of $471, 5S1 d
and a bank circulation outstan1;ra
amounting to &1,O56, 1915. As iDdTivids
ual deposits they hold s5,4S7 DATA
aud as deposits by United States A.
bursting officer, $212,995.8 SO. Their o,p,
ind discounts reach the sum Of s5y6G.
8S1. 80. The bonds deposited for 81.
culation amount to $1,218,5U, AMI
bonds for deposits. $780, 900. Ali liz
real estate held by these banks oplr
Ieacesh the value of S191 ,43333.47.
They keep e good amount Of cash h
hand, rather more Think, than In
average throughout the country. Thu
is, Of course, divided into two pripe.
pal items: specie, $685. 99S .4433 and legl
tender notes, $507, 100. The report,
show a continued growth in the bud.
ness OF these banks, commensur,te
with the expansion Of the countyT n
which they are located.
There has bsen but q single natiaaa
bank of Texas that has gene into VOL
untary liquidatioa under the, prous
ions of the banking act. II was iii
National Exchange Bank of Austin
which had "a capital OF 100000, al
an issued circulation of a31 800, Thai
is still outstanding Of this e~irculatdial
So, 1913, which is, of course, fully pro
tected by the treasury. The only id
ure was in the case of the First Nation
al Bank Of Dallas, which had a oapia
stock OF fifty thousand dollars. Iii
bank became insolvcnt in 1878 aadhu
proved claims against it amounting /
1913 4. Tnirty-seyen per cent. hs
already been paid as dividends = d'
creditors.
; During the ye1sr, eleven d h
banks have suffered losses, the tA
amount being $~106,109.68. This d
cludes losses in their business on ave.
account, including losses on TECHNICS
bad debts.
The amount loaned by all the Tais
banks, on Single name" paper Is, y
283, til; on United States bonds 3
900; on other stocks, $219,933, aad y
other loans, So 1927 $50.
There seems to lo bat sixteen Of ID
Texas national banks which dealiIs
dividends last year, the average beng
per cent of the capital stock. But p
net earnings of these banks last ~
were $500, 176.07, making the pslcsal
age of earnings on the capital and sd
, plus over sixteen per cent.
d The number of banking instlsats1
in the State Of Texas outside Of y
national banking system, is 13S. hayn
O combined capital of $4,6S64R, %
on deposit $1o,361,S 1858. There ore =
, teen state banks, with a capital o. =
, 987,079 and deposits amounting tos
357,246. The total amsunt they by
invested in United States bonds issn
; 619. The private banking estaoaa
I ments are in number 1913, having 4
; capital OF $2,7O8,634 and deposit. Y
!, 224,606. These banks have bni "
! 275 invested in government BONDS i
;, The outstanding circulation o. !. '
Texas national banks amourta psl
!. 113,2O9. By law they r requlre9'
: hold a reserve of 1898, 1886; but IN y
they hold 81, 704,088. 1.
, Thoro are o great many figures y
represented, butt doubt if the rea ass
OF the Meas ever had so much s1a'si
' cal and official information on tas y
, ject before. 1t is only within the y !.
. year OF two that the treasury 7
: brought so much of it together