The record-union., 1898-09-19
INTERESTING FIGURES.
STATISTICS OF BANKING IN
THIS COUNTRY.
Increase in Banks, Their Capital
and Circulation Since
1874.

NEW YORK, Sept. ia special to
the Tribune" from Washington says:
The statistics of banking, currency,
coinage and the production of precious
metals in the United States are pre-
sented in great detail by a series of
tables just issued by the Treasury Bu-
reau of Statistics as part of the July
summary of commerce and finance.
An examination of the tables reveals
some interesting facts The earliest
figures are those of 1114, which give
the specie at that date at $4 100000
The same statement publishes the
specie in 1854 at $10OOO.OOO the num-
ber of banks three, with a capital of
81, 100000, and a circulation of $1,000,
600. By 1897 the number of banks had
increased to twenty-five, the capital to
19,200,O0O, the bank circulation to
$1O,0O0,OOO and the specie to $14, ,OOO,-
600. The story of the century 1897
1897, is told fully in the elaborate Sc
rfes of tables, both as to banks and
their currency and gold and silver pro-
ductiOn and coinage. In that time the
number of banks increased to 9,457, the
capital to 81 ,92T ,493, ,653 and the bank
circulation to $19S, S,92O,67O. The de-
posits in the first bank of the United
States in 1909, the earliest date at
which reports of bank deposits are OBJ
tainable, amounted to $S,5OO,00O; the
individual deposits reported by the
9,457 banks in 1897, amounted to So
1913, ,755,SO7. OF this $1,939, ,376035
We're savings deposits.
The increase in the number of State
banks prior to the civil war is shown
to hayS been rapid, the number in 1880
being 800; in 1910, al; in 1850 800; in
1856, 1,562.
The decrease from 1860 was equally
rapid, the number of State banks in
1863 being 1923; in 1864, $40 and in
1869, 241, while the number of national
banks organized in 1868, 1864 and 1865
was LOCI. State banks again increased
in number after 1868, the number in
1872 being 566; in 1885, 975; in 1888.
] ,4O3; in 1890, 21O1; in 1894, $3.50 and
in 1897 the number including private
banks is reported at 1878. Prior to
1860 the deposits in State banks
amounted to little more than half the
capital stock, while since 1877 deposits
have at all times been more than doub
lie the amount of capital stock, and in
1895 We're $723, $40, 795, against a capt.
tai stock of $22S,677, ,OSS
The statements regarding the amount
of money in circulation in the United
States at various periods are equally
The amount in circulation
in 1900 is given at $4.9S for each per-
son; in 1910, $780, in 1920, 5000; in
1880 $500; in 1S40 $1O91; in 1850.
$12.O2; in 1860, S13S5; in 1868, S20.5I;
in 1870, $3.50; in 1880, $1941; in 1890,
$22 80; in 1893, $24.74.
The statement in regard to gold pro-
duction and coinage shows that the
mines of the United States produced
more gold in the year 1897 than in any
preceding year, except those of the gold
development of California in 1852, 1861
and 1854. The gold production of the
United States in 1897 is given at $57,-
363, 900, while that of 1852 was 500
00U, 900; that of 1853, $65, ,OOO 900; and
that of 1854, 100000, 900. Colorado is
shown to have taken in 1897 first place
in the rank of gold production i'll the
United States, her produce in that year
being $40, 104, 300 against $14,G1S,3 300
by California, while prior to that time
California had constantly stood at the
head of the column of gold production
States.
The coinage of gold by the United |
States mints in 1897 was $64, GA ,S65, |
which is nearly 80 per cent. larger |
than the average annual coinage since |
1870.
The statements respecting the gold |
production of the world show, by peri
DDS, the amount of gold produced in the |
world. Since the discovery of America. |
the total value of the gold produced |
from 1892 to 1898 ESTIMATED 1897 at
$40, ,000.O00) was $9,O23, 100000. OF |
this amount $6065, ,O97 600 has been
produced since 1850, more than double
the sum of the preceding $50 wears.