The daily morning journal and courier., 1900-01-06
OUR CONNECTICUT BANKS
THEIR ExCELLENT CONDITION 4 MI
 FAYORA BEE PROSPECTS.
Annnal Report of the State Bank Com. missioner-AII But Ono Withstoo,l th. strain of Dopression-Marlscd Increase In the Amount of Deposits.
le Amount of Deposits.

|
 The bank commissioners yesterday
 submitted their report to Governor
 Lounspury. The number of savings
 banks is Lightweight the charter of the
 Peoples of Middletown having been an
 nulled, this bank having done practic-
 ally no business for ten years The
 banks are congratulated for their abili- ty during the period of depression. | Eignty-fve have stood the test with
 out loss to depositors, one bank failed
 and two sought the protection of the courts against run.
 In the last twenty years the deposits
 have increased from $72,S42.44Ss9; the
 number of accounts from 202.385, and
 the assets from $76,241 ,S16OS. During
 the past decade, however, the total de-
 posits have grown in round numbers from $11OO 900 to STA 4,0O0,OOO or about bS per cent; the total number of ac-S counts have increased from 294,89B to SsS,137, or about per cent, and the assets have advanced from $116. .0O0. .000 to s1S4 ,00GOO0
 The commissioners are pleased to be able to record the fact that the growth of these institutions the past year has been the most notable of any year dur ing their history-the increase in depos- x it's over those of the preceding year alone having been $10,652 ,69615; in num- Der of accounts 17,327 and in assets, $l0, 555, ,151.41. In the commissioners' report of last year they referred to the fact that while the total increase of de- posits was $7,512, 700.57, only s348, ,61S.S5 was credited to accounts of less than $l, ,O0O, leaving the balance to the credit of accounts of $1,000 and over. The re- turns of this year are reversal of those of last year, for the large sum of $4,S76, ,755.O9 has been credited to &C., counts under $1,000. The amounts cred- ited to the other three classes of ac- counts respectively are less than they were in 1S9S
 The rate per cent. of dividends paid the past year is as follows:
 Number of banks, "A rate per cent. 4; amount of dividend, s5,5O1, ,422.2S: amount of deposits with dividends ada ed, $t49,75 ,03392.
 Number of banks, g. rate per cent. 3& amount of dividend, $7S5. .266. .85: <
  ed, s22, ,321, ,7O3.96.
 Number of banks, 3; rate per cent, BE- amount of dividend, $4s,12S.37; amount of deposits with dividends add ed. $1,47S, 23; 05.
 Number of banks, ?; rate per cent, none; amount of deposits with divi- dends added $5s3S23.74.
 Total number of banks, 8S amount of dividend, s6, 335, ST. AS; amount of de- posits with dividends added, s174,1 ,1S5,- 1946;
 One trust company the Canton of Collinsville, has been added to the list of ono year ago. This company was chartered by the general assembly of 1899, and began business May 10, with a capital of $25.00O. The Colonial Trust of Waterbury was chartered at the same session, but not having be- gun business till November 1, it's state- nent does not appear in this report. Charters were granted also to the Man. chester Trust and Safe Deposit con- oany, to be located in the town of Man. 'hester and the Naugatuck Trust com- oany to be located at Naugatuck But neither has notified the commissioners If commencing business. The total 'apital account of the state banks and rust companies has been increased $72,- 0O-this increase being made up of the tock of the newly organized Canton Trust company, and further install nents paid in on the stock of the New Haven Trust company. The total de- \ 'osits have increased $1,64S,519.S2; the urplus and undivided profits, $44,944.17; nd the assets, s1,5S6, O50.90. On October . 1879, there were four state banks and even trust companies doing regular anking business with aggregate depos- ts of $3,O71, ,618.72, and assets of $6,252,- 6.39, but on October 1, 1899, there were ight state banks and thirteen trust ompanies in operation, having total f $14 147172.05 held on deposit, and howing 20,003, ,S4697 of assets
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