The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1899-11-17
||K STATISTICS
l,rollcr Dawes Makes Public
M Results of an Inves-
tigatiOn
rho Growth of Loan and
Deposit and Borrowers
Accounts.
lv Increase in Both Dire.
lions. but Deposits Most
Rapidly.

comptroller Of the currency, has
,,ie public the results OF investi.
which he has made into the n un,.
loan, and deposit accounts, rates
s,rs, and resources Of the com.
bank, Of the United States in
sr. 1889. 1894 and 1899. In col.
tbs data nearly 10000 reports
hank, have been examined and
l.l.
,uyc,,i cation into the number Of
AMI deposit accounts and averac.
an. deposits is the first ever made
b.. The United States, either IN
|ace 10 the national system or
o.hc. than national. The results
investigation indicate u u,asni.
c pauklny resources and a rate of
b il number Of deposit accounts
is unparalleled in the financial
b o. the world.
scqml,roller states that the results
e combined banks are carefully
Ps,ei upon the basis Of ratios found
!; IN the reported banks. and they
Be regarded as substantially ac-
3. H i, careful to call attention
fac, that the number Of deposit
ln,s and loans given in his figures
h; be confused with the numb
tos,or, and borrowers, since the
Individual may have loans and
Us N several banks, each Of which
make separate report to the
Roller. While. therefore. the
number Of borrowers and de-
t's Is much less than the numbe
and deposit accounts. the growth
latter is evidence Of the general
"a IN the number Of individual de-
Is aal borrowers.
The General bed uctions.
general deductions from the in
gs'icAs covering the last 10 years.
|ta by the comptroller as follows:
s', that the mum Der Of individual
''9r, N the banks OF the United
Is constantly increasing. as indi-
W the regular increase in the
eei oi deposit accounts Of the com.
1ahhing systems. estimated rs
U.S. july IL. 1899. 1908 banks re-
ts' 6'Vs,97l; July IS. 1894. y,5os
feporilng. 1898. .788; June 30.
'.''s banks reporting. ll.4se.636.
'AAa'ed grand total for the year
0">v'' upon the banks reporting
'a,'s,ics as to non.reporting banks
ue' isom tax returns to the COM
OAet OF internal revenue shows
r." deposit accounts in lo.SOi
oa1' that there is a demand from
"efs Tor the use Of the greater part
ueposlis Of banks, and while the
LEI oi individual borrowers is in.
ns the depositors greatly out
III" borrowers and tho increase
number Of borrowers is much less
Ae Increase in the number Of de-
.s' as indicated by the rate Of in
n ~ The nber Of loans estimated
Iso~s; Jnly ~. 1857. 1908. banks
I"As s'lss.44l; July 1S. 1894. 9.5os
(,Np'r'ing 2.09O, ,694; June 80. 1899.
(,ss sa'Rs reporting 3.91l,664. The es-
a grand total for the year 1899,
upon banks reporting. and stats.
,' " hon-reporting banks, obtained
"A returns to the commissioner Of
go. sa. revenue shows 5,O87, ,352 loans
E|Na banks.
'sa, 's' that the growth Of the bank.
|s,,' s,,em Is being characterized by .
,,ss s'y lessening rate Of interest
yea on loans.
!, 'u' that a gradually lessening
d '"'erest is being paid upon de-
ts. M mat considering the large
,vass w. ot national and savings banks
0,s. s.ase deposit Of the individual or
Nh o,l Is slowly increasing.
~, mat the average size Of the
~, ' classes OF banks considered,
ys,,' vafied much in the last decade.
ato ta' that the growth In the ag-
lloSo' VI individual deposits has been
6 Az, ass9, 1906 banks reporting
>oa022:. Jul: T.. 100 r.1Oe banks