Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1894-10-25
HELPFULTO THE DEMOCRATS |
Returning Prosperity an Aid
to Their Campaign.
WHAT BANK STATEMENTS SHOW
Calamity : hoWlers Losing
Their Employment.
The Evidences of Returning Prosperity
Now Seen All Over the Country Are of
Great Help to the Democratic Cause
Figures That Show the Changed Condi-
tiunR.

WASHINGTON, Oct. 1S.-One of the
greatest helps to the Democratic cause is
the returning prosperity, signs of which
are evident throughout the country.
Every day reports are received at the
headquarters of the Democratic Con.
gressional committee that times are i'm
proving in different sections of the
country; that men heretofore out of en-
ployment are securing employment; that
Notwithstanding the low price of wheat,
an increased acreage of wheat has been
sown, because OF the belief that there
will be wider range for American
cereals; that merchants are laying in
large stocks of goods, and that mills
which have been shut down for several
months are again in operation. This is
gratifying news, and is bringing about
more efficient and more satisfactory re-
suits than any other cause. 1t is but
natural that this improvement in the
commercial situation should come. For
months there was stagnation, due first
to the uncertainty respecting the fate Of
the Silver bill, and then to the uncer-
tainty of the tariff schedules.
The most important and the most
convincing evidence of the return of
the prosperity is in the fattering show
ing of the condition of the national
banks, their deposits, loans, discounts
and reserve funds. A comparison of
these reports with those of year ago
| show a most decided improvement. Re-
ports of Comptroller Ecklcs, who has
charge of the national banking system,
| show that in New York, the money
centre of the United States, the increase
in loans for the first two weeks OF Ocio-
Der, as compared with similar period
OF year ago, amounts to millions upon
| millions of dollars. The same is true of
Boston, Philadelphia. Baltimore, Wash
ington, Chicago, New Orleans, Cincin-
natl and other financial centres of the
country. Mr.. Eckels' figures show that
| confidence has been restored that money
is more free and that many manufacture
ing concerns which have heretofore been
unable to secure loans have been accom-.
moda,ed.
Here are some figures to show the
condition Of banks in Maryland outside
of the city of Baltimore. Maryland is
selected because ii is one of the most
conservative States in the Union because
1t has the most diversified industries,
and because it has the most conservative
banking methods. From geographical
standpoint, too, it stands as the best
State from which to draw comparisons
in general business transactions for the
country at large. The report of the
comptroller of the currency, as complied
to October Cd, shows total loans and dis.
counts to have been $9,S76,G05.52. The
individual deposits We're $9,5l1,Sl2 80;
United States deposits, $4,000. The
average reserve fund is 2s.O4 per cent.
The value of banking houses, furniture
and fixtures is 1916, O27.90; mortgages
and real estate, S445, 37l.2l. Lii fact the
total assets are $l7,434, 245.s2, while the
liabilities are nearly 80 per cent less.