The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-12-06
The NATIONAL BANKS.
Synopsis of the Report of Hon. James u.
ssheis' sompt ROLLER of IN. Currency
h"'rfss,a"g itcnres k~~gsraing the Ma
sa""ai HAMS, Ih.ir circulation. E.c.


, NAsW>oroN, Dee. a-The report O
hon. James II. Eckcls. Comptroller .
: me currency, submitted To congress
yesterday, gives information in lie
tai In regard TO the organization
SUPERVISION, and liquidation of the ma
uonal banks for the year ended Octo
Der 81, i>y3. and similar information
A. Tar as ootaina BILE relative to banks
banking companies, and savings in>ti
buttons organized and doing business,
inder the laws OF the several states
md territories.
In addition to the foregoing the re
port shows briefly the various systems
u banking in operation in foreign
countries and in the states and terri
tories comprising the Union, a afford.
ing Information as To the different
methods employed To facilitate com
ncrc.al exchanges and sustain a bank
aote circulation.
TOTAL NtMBER ORGANIZED
The total mum Der OF national banks
organized since the date the first
.ertincate OF authority was issued.
june ~, l,oS, to The close Of the report
year, has been !. u.S, making a yearly
average OF lj2. OF the number or
ganized, there werei in active operation
IN October 81, last. S..i5, with AN au-
thorized capital stock of S0n4. 1876, 9I5,
represented by 1>5, 100 shareholders. or
an average capital stock of Sl.>.1- for
eacn bank. average number OF shares
TO each. a,l5G. and of shareholders. -.
The total amount OF their circulation
outstanding was S2ls. So, $40. of which
amount $500 sO. SOL was secured by
United states bonds, and SIS. 700. G6s by
lawful money deposited with the treas
arer OF the United States.
NEW NATIONAL BANKS.
During the report year forty-three
banks We're zed, located in twen-
y Inherent states. with an aggregate
capital stock OF II. spa 900. OF these
new banks twenty-eight. with a capt.
tai stock OF Ss,j3J. 900, are in the north
ern and northwestern sections of the
country. and fifteen. with "a capital
stock aggregating 81 300, 900. in the
south and southwest. The number OF
banks organized during the wear was
less than 50 per cent. OF the yearly
average.
There was a net increase during the
year Of $40. .79.5 50. in the account of
circulation secured by bonds and n
gross increase OF So SEQ. $40 in the total
circulation.
On September -, 1895, the date of
the last report Of condition OF the 3,.la
DanN> then reporting. their total re-
sources was >S,4-J. $40. sis.63. Of which
-'v5-', iJs,f V--- :, represented their oans
and discounts, and c356,51-,JsO.OI
money Of all Kinds in bank.
VI their liabilities. 81. -0l. .5el.2s
Individual deposits. $780,
,>,,j3O. - s-rpus and net individual
ami -ls-,i,l. CLOS d outstanding
;lrcu .ation secured Dy bonds.
VI The 3,.l5 banks ia active opera
ton. 1901, with a capital stock Of
,)sJ. ~. 80. are in the northern and
northe1sterr half Of the countrr. and
with a capital stock OF SIG. SIS. $50.
n the south and south west. There
IRE -sbll national banks located east
the Mississippi river, with "a capital
'tocN of si-.. Dl-, .y2. and /. lOi west Of
he Mississippi with a capital stock OF
yri go.
The corporate existence OF seventy
me national banks in sixteen states.
nth a capital stock OF SO. COZ. 600. and
total cremation Of 81, 42G, .-5 has
cen extended during the year.
BANKS LEAVING THE SYSTEM.
The number OF banks leaving the
v.ftTn hF r-.ansnp - ,I . 80
heir corporate existence was four.
Iaying a capital stock Of $500, 600 and
REGULATION OF sla3. 200. Oi these two
we're located in New York, and n
ach in Maine and Pennsylvania. a
associa tion, with "a capital stock
4 So. 50J. succeeded to one of the TIVE
D New York.
BANKS TO 90 OF I OF EXISTENCE.
During the year ending October 81.
ihe corporate existence OF rs
anN>- with a capital stock aggregate
-, 40, 500. ana circulation Of ST.
iUU, VIII expire. la the succeeding
en Years, from 1896 10 1905, the cor
orate cAisten nee Of 80 banks, having
capltal stock 81 Sl.y, Gy4.gsO. and a
AAfe1ts wall expire.
lhe numbcr u DanNs leaving The
ysteni during the year through volun-
airy liquidation was n~fty-one, having
capital stock of So. O0S, 100. and c.rcu-
alton VI Si,l5a.O1O. A..
RECEIVERS DURING THE YEAH
Receivers Tor th rty-six banks have
cen appointed during the year. The
sgregate ca pital stock OF these banks
'as -, -j5,V-O and their circulation
l,vOa. ib.. -. these banks two. with a
Apilal stock OF $3.50, OOJ, were reported
~ year a. being IN voluntary liquida-
"a nine. with a capital stock Of
''O' 900, were OF the mum der Of banks
hen closed their doors in 1898, and
ibscIuently resumed business, but.
continued business depression
nd the slow character % their assets,
ere unable To meet their obligations,
nd We're thus compelled to 20 into in
During the year 10l dividends were
aid, amounting to $3.50. boz o..
Abstracts of the reports ol 1885, and