The age-herald., 1900-03-21
ALABAMA BANKS
 ALMOST UP TO LIMIT
Small Margin of Increase Under
 New Finance Law
ADDITIONAL ISSUE SMALL
The Provisions, If Taken Advantage ;, would Increase Circulation Less Than $l5o,ooo-List of Ma
 tional Banks-Their Issue

Under the new finance bill recently passed by congress, national banks will be allowed to issue bank notes to the full value of the amoilnt of government bonds held by them, instead of not more than 90 per cent, as heretofore. If the banks of Alabama take advantage of this provision of the bill, their circulation will be increased about $15O 0OO The national banks of Alabama hold gov ernment bonds to the amount of $1,221,OOo, against which they have in circulation $1, ,074,265 of ank notes, leaving balance which they can issue amounting to $146.735
 The following table shows the banks in the state that hold government bonds and the amount of their circulation, together with the additional notes they are permitt- ed to issue under the new law:
 Brmingham-First National bonds $50,- 0OO circulation, $45,000; balance 5000. Ala bama National bonds, GOO; circulation s45,O0O; balance 5000. Berney National, bonds, s51,OOO; circulation, s45,9OO; balance, s510O. Total bonds, $l5O,OOo; circulation, s135, 900; balance S15,1O0.
 Anniston-First National, bonds, $5O,0OO: circulation, s45,OoO; balance, $5coO. Anniston National. bonds, $25, GOO; circulation, s22, 800;  ton, S67 800; balance $7,500.
 Decatur-Eirst National. bonds s25000; cir culation, s22,5O0; balance, $2,5oo.
 Demopolis-First National. bonds, $12,5OO; circulation, $11,25O; balance. $1,25O.
 Eufaula-Commercial National, bonds, s17- 5O0 circulation, $15, ,75O; balance, $1,75O. East Alabama National bonds, $25,OOO; circula- tion, $22, 50O balance, s25Go. Bufaula Nation al, bonds. $25 900; circulation, $22, ,495; ball. ance, 2,505. Total bonds, s67 ,5o0 circulation, $60 745; balance, s6,755.
 Eutaw'-First National, bonds, s12.500; cir culation, $11, ,25O; balance, $125O. Florence-First National. bonds, S25,OOO; circulation, s22 800; balance, $2,5Oo.
 Gadsden-First National, bonds, s12,500; circulation. $1l 300; balance s1,250.
 Huntsville-Flrst National, bonds, $S2,O00; circulation, BPS. .SOO balance, $3,2OO. Farm CTS and Merchants National, bonds, $25,- 800; circulation, $22 $50; balance, $2,550. Total bonds, $57, 800; circulation, $51 ,750; balance, $5, ,75O.
 nville-Tredegar National, bonds, $125 300: circulation, s10,69O: balance, &Sl0.
 Mobile-Frst National. bonds s105,OoO; cir culatlon, s7O, O,4SO; balance $S4 57O.
 Montgomery-Firs National, bonds. $5o,- GOO; circulation, $45OO0; balance, 1000. Far ley National, bonds. $250O0: circulation. $22. 300; balance. $2,5OO. Merchants and Planters National, bonds, $25,O00; circula- tion. $22, 2,5OO balance. $2.5O0. Total bonds, $1O0,o0O; circulation, $9O0OO; balance, $1100o. Opelika-First National, bonds $2o,O0O; cir culation, s22, ,5Oo balance, $2,50O. Selma-City National, bonds, LOGO; cir culation, $36O OOO; balance, s40,0O0. Talladega-First National, bonds, s25,OOOi | circulation, $22 800; balance, $2,500. Isbel | National, bonds, s5O,OOO; circulation, $45,Ooo balance, s5,00O Total, bonds, $75,0o0; clrcu. 1 lation, $675OQ; balance, s7,5oo. Tuscaloosa-First National, bonds s40,- | GOO; circulation. $S6,00o; balance, $4,OO0 Mer' l chants National bonds, s25,000; circulation I $22 300; balance, $2,5G0. Total, bonds, $65,00O | circulation, $5S,5O0; balance, $6,50O. Grand total for the state bonds, $,221 ,00O | circulation s1,O74.265; balance, SAG, ,735.