Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-06-20
Growth of Banks in the State in
the Past Year.
TREASURER WoRTH'S REPORT
Figures Given to State Bankers Associa-
ton mt Greensboro Tobacco Factory of
r. II. Hancs s. Co. Unionized- Elections
ut North Carolina Teachers Assembly
Prominent Republican Dead Gay,Gcr-
man ut Hartford.


OF tho banks of North Carolina in the
past year indicates prosperous cond-
ton throughout tho State. In his adj
dress before the State Bankers Assoc-
alton at Greensboro. State Treasurer
w. II. Worth said, in part:
In 1885, 81 banks were reported. &C
National. 80 State. II private, and
Savings Banks and the grand total re-
sources amounted to $lS,OG9, G5O.Sl In
1900 III banks were reported 90 Ma
tional. "a State, % Private, and . Saw
ings Banks, with grand total resources
amounting to 500, 1882. 357.44, showing an
increase of $11 ,262 706.63. You will OBJ
serve that this is an increase of .G232
per cent in the grand total resources of
the banks OF the State within the five
years. We find that the grand total
loans and discounts in 1885 amounted
to $l1, COS, 91S.73. i'll 1900, SIS, 1893, $685. an
Increase of 1888, 90i.93, or .67O6 per
cent. In 1895 the grand total banking
capital was $5,2I9. $500, in 1900, So 609.-
20.09, showing an increase OF $780,
2S7O9. only a little over .06 per cent
(06.23) In 1895 the grand total depos-
it's amounted ITO 1851, 595S9. in 1900.
SlS.0G2, 362.S6. an increase of $S,464, 1861
or .SSl9 per cent.
The above comparisons are made
from the combined reports of ali the
banks of the State. We will now take
up the different classes of banks. In
1895. 26 National banks were reported
the total resources amounting to So
991 6l2.S4 and in 1900 20 National banks
were reported and resources amount
ing to $l5. los. 744 .05, showing an increase
Of $5.1l4 1921 or .5llS per cent In 1895
the loans and discounts were $5.Si6-
S4756. in 1900. S9066.371, 'An Increase of
3.2l9,490.15 or 55.06 per cent. The cap
ftal stock in 1898 amounted to S2,716-
10000. In 1900, $S,00l 900, 900, an increase
OF S225. 100000 or OSLO per cent In
1885 tho total deposits amounted To 81
sl3.41l.63, in 1900 $S.279, 556.09 an increase
of $3.50. 1927 or 1882 per cent.
In order to be brief we will combine
the reports of the State, Private. ana
Savings Banks, and we find that the
total resources in 1895 We're SS,07S 037 81
In 1900 Sl4 .226. Gl3.39, an increase OF So
14s575.42, or .7Gll per cent. The loans
and discounts in 1895 amounted to S5.
1G3071.17 In 1900. S9.327iS5.95, an in
The total capital stock in 1895 was ST.
03.995.00, inl900 $2,60S. 27709. an increase
of 04.2S7.09 or .0i1G per cent. The total
deposits In 1895 were Sl,6S4,1S5.26. in
1900 S9,752 S0596. an increase of $685.
62l70; or Joy per cent.
The total resources of the State
banks in 1895 We're $6,17i. 1l7.9S. in 1900
Sl0,i6l ,5G6.29 Total resources of pri-
waite banks in 1895 81 1922. in 1900
81 9i2 676.48 The total resou''o y of saw
lngs banks in 1895 We're 20. in
1900 Sl.S22.370.52. We might mention in
this connection that the savings banks
show the greatest increase. having in
creased more than 100 per cent. in num-
Der nearly three-fold in resources aud
more than three-fold in deposits. The
deposits In 1895 were sos. G30.G5. in 1900
Sl,5ST. 4SO.S4.
EANES TOBACCO CONCERN
UNIONIZED.
President Henry Fischer. of the Ma
tlonal Tobacco Workers Union. has un-
iorizcd the large tobacco factory of p.
II. Hanes &c Co., this city. The white
operatives were put into the same lodge
with those of Brown l2ros.'--Cn-,-and
another colored lodge was formed, MAX
ing three lodges now in Winston. y
salaried secretary will be stationed here
to look after the unions interests.
Hanes' factory Is the largest with
which the union tobacco workers have
yet established relations.
EX-STATE CHAIRMAN EAvES
DEAD.
John n. Eaves, for thirty-nve years
bne of the best known Republicans in
North Carolina, is dead. He was State
chairman of his party for eight years,
and was for four years revenue collec-
tor of the Western North Carolina Dis
trict. He served in the Confederate
army as captain.
NORTH CAROLINA TEACHERS
ELECTION.
j. Allen Holt, of Oak Ridge. has been
elected president of the North Carolina
Teachers Assembly. Charles ii. Me-
bane is reelected secretary and treasu-
rer The latter is State Superintend
ent of Public instruction. He has ac-
cepted the presidency of Catawba
College, which has handsome endow-
ment.