The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-10-05
TEN MILLION DEPOSIT0RS
WITH DEPOSITS OF FIVE BILLIONS
OF DOLLARS.


Immense Interests Involved in the Coming
Eleotion-Eloquent Figures Collated by
Comptroller Eckels-Amount Held in
New England by National and Savings
Banks Depositors.
Washington, Oct. 4.-Comptroller of
the Currency Eckels has issued state
ment of investigation made to him of
the amount of money held by the banks
of the country. The number of bank
ing houses and trust companies inouir-
ed of were Il, 962 and II clearing houses,
covering all in the country. Replies
were received from but 5,723 banks and
trust companies and &C clearing houses.
The information, however, is of such a
character as to enable fair and cor
rect result from all to be approximat-
ed. Of the 5.723 reports received SASS
were of national banks, 1,494 state
banks, 457 savings banks, 230 of private
banks and "a of loan and trust COM
panies. Divided by geographical divi-
sion the number reporting and the
number not reporting were as follows:
New England states, viz: Maine New
Hampshire Vermont, Rhode Island and
Connecticut. Reporting, s29; not re-
porting, 397
Eastern states, viz: New York, New
Jersey, Pennsylvania, Delaware Mary
i Il 0tc4., fo+o ofr ~ or@
ing, 275; not reporting, 862.
Southern states, viz: Virginia, West
Virginia, North Carolina, South Caro-
lima, Georgia, Florida, Alabama, Missis-
sippi, Louisiana, Texas, Arkansas, Ken
lucky, and Tennessee. Reporting, 676;
not reporting, 1877.
Western states, viz: Missouri, Ohio,
Indiana, Illinois, Wisconsin, Iowa, Min
nesota and Nebraska. Reporting, 2,434;
not reporting. 1882.
\ Pacific states and territories, viz:Ne-
4 vada, Oregon, Colorado, Utah, Idaho,
Montana, Wyoming, New Mexico, North
Dakota, South Dakota, Washington,
Arizona, Oklahoma and Indian Terrific
ry. Reporting, 500; not reporting, I'll.
Total reporting, 5,723; not reporting,
1929
The total amount of cash in the 5,723
institutions reporting was S413124, ,S49.
1t is divided as follows:
Gold coin, $134, OFT ,oo3; gold certifi-
Gates, s55, 5,4S1, 1888; silver dollars, $S,254,
612; fractional silver, s7,399,073 silver
certificates, $39, ,663, 596; treasury notes,
1890, $13,126,01S; United States notes,
$11o,4e9,375: currency certificates, $20,-
85S000; national bank notes, s23, ,795 s34.
OF this total cash the 3,458 national
banks reporting held $335,174,S16, and
the 1926 state, ETC., $77,95023S The
amount of gold coin and gold certifi-
Gates held by these national banks was
SIS l,073 604 and by these states, etc, S34,
4S4,737. In this connection it may be
stated that the total number of ma
tional banks, viz, 1859, held on July IA
the date of the last official call, $780,
5S,485 cash, of which there was in gold
coin and gold certificates s161, S53, $50.
The total cash and the part thereof
Of gold and gold certificates held by re-
porting banks in each geographical di-
4 vision is as follows:
Y New England states-Total cash, $780,
6S2,272; amount Of gold and gold certi-
ficates, SIS, ,403, ,768 Eastern states-To-
tai cash. $213, ,123,369; amount of gold
and gold certificates, $s8,5SO,133. South
ern states-Total cash, $40, S6,001;
amount Of gold and gold certificates,
| $9,558, 183 Western states-Total cash
s109 5S4, 645; amount of gold and gold
certificates, $56,41O427. Pacific states
and territories-Total cash, $3.50 1852;
amount of gold and gold certificates,
s19. Cos, $3.50. Total-Cash, $413, ,124 SAG;
amount of gold and gold certificates
$780, 55S,34
The returns from the sixty-six of the
seventy eight clearing house associa-
tions Of the country show that on July
/ the total clearings amounted to $227,-
935, 464.
The balances of these total clearings
settled in cash or exchanges was but
s19,152,S34, or but little more than pei
cent of the whole. These balances
were settled as follows: Gold $1,325,-
OILS; gold clearing house certificates
s365. silver, 175,95O; United States
notes. s3451. .761; currency, $1,017 ,101
currency certificates, S., $4,000; natlona
bank notes, 1,746; exchanges, $3,oSS,-
299; managers certificates, S3,9O4,9o4
Collections by creditors from debtor
banks, $S5,903; not stated, $22,12S; total
| $19,152,SS4 The total number of deposit
tors in the national banks reporting on
July | was $2,315,333, with individual
deposits aggregating s1,5S6, ,087,193 On
July IA the Northumberland deposits OF
all the national banks were s1,66S, Alb,
sos. and the estimated number of de-
positors, 2,435,625 The total number
of depositors in reporting banks, other
than national, were 3,614,630, with de-
posits aggregating $1,66S,352,673.
In 1894 an investigation showed the
number of bank depositors to be about
100000. A conservative estimate, in
view of the fact that the number OF
depositors in national banks shows an
increase of about half million would
make the total number now at be-
+ tween ten and eleven millions, with
| total deposits aggregating over five bill
lions of dollars.