The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-05
OF GOOD @ N
ON JULY 1 THE UNITED STATES HAD
S~4O4.44f,41O IN FOLD.
Trust Companies by
Controller EckeIs.

WASHINGTON. Oct. 4.-Controller of
the Currency Eckles has issued a state
ment giving the results of an investigation
made by him of the amount of all kinds OF
money held by the banking institutions of
the country on July 1. TIL number OF
banking houses and trust companies in
quired of were Il. 1862 and of seventy-seVen
clearing houses, covering all of such IN
stftutions in every State and Territory and
the District of Columbia. Replies were re-
ceived from 5.723 banks and trust COM
panies and sixty-six clearinghouse asso-
ciations. The information. although in
complete. is. the Controller says, OF such
a character as to enable a fair and correct
result from all to be Appropriated. . (
the 5.723 reports received 3,45S were of ma
tionaI banks. 1.494 of State banks, 4oF OF
savings banks, 20 of private banks and "a
of loan and trust companies. me totai
amount of cash in the 5.723 institutions re-
porting was $413, 124, $40, divided as follows:
Gold coin -$143. O.! ,0o3
Gold certificates .................. oo,4Sl,3SS
Silver dollars oSodo y
Fractional coin .......-.-.-.....-.. d'oca'vac
Silver certificates .......-......'..-- oS'3oc'o2o
Treasury notes $500 ..............- B,lZo,UIo
United States notes llu, 4o9Sao
Currency certificates .....-....-.-.- a0,ooS,o9o
National bank 20 ''o'oof
OF this total cash the 3. ass national banks
reDOrtl0g neIu So0D, dAo AHC -'-
State. etc, ST, $50, 2S3. The amount of gold
coin and gold certificates held by these ma
tional banks was s155. o73, GOA, and by these
State. etc. ss34. asa, 1877. In this connection it
NAV he stated that the toal number OF ma
ional banks. viz, 1859, held on July A. the
date of the last official call, 1851 Doc, 4S9
cash. of which amount there was IN goiu
coin and gold certificates $l61 ,S53, 800. Inc
total cash and the part thereon OF goid ana
gold certificates held by reporting namhs
- o,oI, oooura nhica1 division is as fOllOWS.
States. Total cash. 6oiu'
New England States =. SS5. 6SS 22 $lS'4 99' 1 %
Eastern States......... 2l3 129 SS9 sS'2so lS SO
Southern States 49,. 100 30 e VSa az e 'S0 4S2
Western States ......... IU9,oo4,o4o oo,4lV,1As
Pacific States and Ter an q .
ritories .-...-.-.."..'.-- @o'o'f'"- '0o'o
Totals .s413, LA, $40 s1S9, sos, s41
A comparison of the money holdings OF
these geographical districts shows that the
Ss reporting banks < a IN o., the New total CASH
and s.. S45.5S5 more of gold ana gold ceIti7
ficates than the 676 reporting banks IN me
Eastern states held s103, 544, s24 more total
cash and $S2, 1863, 7os more Of gold ana g one
certificates than rt the s7e 2; hsnk ej in the s South
ern States held 3,45l ,S41 more total cash
and $40, o47, 641 less gold ana ID gt 11a f Pacifc
States and Territories. The S9 banks IN
the New England States held Slo,oo4.2lo
more cash and "a. POP, 062 less gold and gold
certificates than the 500 banks in the Pa
ciic States and Territories.
From the reports received and other m
formation available the Controller mas
that the total gold and gold certificate
holdings of the banks of the country on
July 1 was 1902, 793,361. including tne Tree
GOLD in the treasury at that time he finds
that the available gold and gold certificates
in the banks and the free gold in the treas
urv on or about July ! was $404,44l,4f0. 10
day. the Controller adds, it is larger, as
the free gold in the treasury stands at
1923, 755, 226.
weight clearinghouse associations. of the
country show that on July l the total
ances of these total clearings settled in
cash or cash exchanges was but SIS. 152,S3
or but little more than 8 per cent. or the
whole. OF the balances settled Sl,o2o,OIo
were in gold. s2s5, 900 in gold clearinghouse
certificates, So, 451. 761 in United States notes
and the remainder in other forms or
naonor aud commercial exchange.