The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-07-05
CONDITION OF ALL BANKS.

Expected Interesting Financial State
meut-ReasOps for Gail Made on
Banks by ConptrolleF Dawes.
WASHINGTON. July 4.-cOmptroller
Dawes has special reasons for the date
fixed for the last call upon the National
banks for the report of their condition,
He hxed the date at June 30 because it
is the close of the hscal year and be-
cause he has made an appeal to the Of
fioers Of the banking departments in
all the states to obtain their reports for
the same date. He thus hopes to be able
to present a blrdseye view of the exact
banking condition of the cOuntry-na-
tlonal banks, state banks and private
banks and loan and trust companies
on a single date. This has not been
done In any previous report by the
comptroller. The summer report last
year on the part Of the national banks
was called for on July Il and for 1897
on July %. The spring reports was
made earlier this year than usual and
nearly thre months have elapsed since
the date on which 1t was fixed. Comp
trOller Dawes began his correspondence
with the state banking officials soon az
ter completing his last annual report,
in order TO obtain an early agreement
upon uniform reports. He found a cor
dial welcome for his propositions from
most OF the state officials, and one or
two even wrote him volunteering sup
port when they heard Of his plans.
Reports have been printed from the
state and private bangs in the annual
report of the comptroller for number
of years, but they have been for various
dates scattered through the spring,
summer and autumn, They have not
been without value, since they have
afforded a general Indication Of the
banking condition of the country dur
ing the year, but their value win be
greatly increased. In the opinion Of the
official students. by having them all for
the same date. The consent OF the off,
clals in the states having large state
and private banks to the adoption Of
uniform date for the reports has been
given in every case. and 1t will be pos
slble In the comptroller's report for 1889
to compare directly the relations be-
tween the state and the national banks
and the deposits OF the state banks In
the national institutions.
Discussing the bJuklng aspects Of the
fiscal year just closed. Comptroller
Dawes said: ''The condition of the ma
tlonal banks of the country during this
year has been one Of progressive pros
perIty. The changes in the items of
loans and dlscvounis indicate this clear
". At the date Of the April 8, 1889, call
for report OF condition the loans and
discounts OF the national banks of the
country had increased SSO6, S,sSO.AS and
the individual deposits had increased
SIS7, 81, sS1.3S over the amounts shown
by the call OF May J, 1898, The increase
in total assets of national banks OF the
country over May :, 1898. as shown by
the statement of April s, 1893. has been
S769, III, SO2.l5, and their combined assets
aggregated on the latter date &4,639, 1885,
1896. AS n whole the national banks Of
the country have. during the past fiscal
year, done a conservative, prosperous
and progressive business"
The monthly statement Of the comp
troller of the currency shows that the
total circulation OF national banks at
the close Of business June 80 1899, was
S24l, PCS, 69G, decrease for the month OF
S795.S5S and an increase for the year of
sls. l5l, 1884, The circulation, based on
United States bonds, amounted to $685.
2s4OsA, decrease for the month of 81
O4l. $50 and an increase for the year Of
SS,lSsOO2. The circulation secured by
lawful money amounted to &36.OO4,6O2,
an increase for the month of &246,OO2.
and an increase for the year Of $685.
s92. The amount OF United States reg
Istered bonds ON deposit to secure cir
culating notes was 22R,ssS,1lO and to
secure public deposits, S1O.249,94O.