The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1901-12-03

s25. 042. sle2s. The surplus and net unl
divided profits OF the associations on
September 30. 1901, were s279, ,532.s5s. 81
and Si51029.249.26. respectively, or ap
proximately an amount equal to two
thirds of the paid in capital stock.
snce September 8. 1900. the outstanding
circulation Of national banks. as
shown by the reports Of condition, has
Increased in the sum Of $39. 9.9l4ge6.
standing on September 30, 1901. at Ss23
sG3, $3.50 There Is stili carried on the
books OF a few associations converted
from state banks circulating notes is
sued by the latter to the amount of
s51, ,S74.5O.
National banks held the greatest
amount OF Individual deposits durine
the existence Of the system on July IS,
1901. namely S2.941 .S37 .42S.T7 Liabilities
to depositors on December l3, 1900. ag-
gregated s. 623. .997 52iSS and at date II
last report 81. .9S7. 1853, 233.33, decrease
since July 15 1901, ~ S4OSi.l95.H, but
an increase since September 1900, OF
s429.504.675.So.
Government deposits on September 30
1901 showed an increase over the
amount held on December lS. 1900 Of
$23. .4l5992 90 the aggregate held on the
latter date being Sl0t4Os. .7T493.
The net amount Of liabilities OF ma
tional banking associations on septem-
Der 30. 1901, on which reserve was re-
auired. aggregated $3.66l,64L8il74. the
reserve required thereon being $759.743,-
g77 81. and amount held S1.0l2,299 1922
g. or 27.65 per cent
TIE composition Of this reserve was as
follows;
Specie ..........--..--...--. SSoS'555, ,Stt.l3
Legal tender notes.......... 151,01S,f5.00
Due from reserve agents. 456,6ss,5i7.75
Redemption fund with the treasurer of
the United States. s.......... 16104 .962 60
The refunding clause OF the act OF
March Il, 1900 resulted in a materisl
change in the class Of bonds on deposit
with the treasurer Of the United States
In trust as security for national bank
circulation.
on October 81. 1901, the bond deposit
had increased to 1929 ,S33, $50, all Of
which, with the exception OF about a
per cent consols Of 1890.
on October 81, 1901 the outstanding
circulation Of national banks amounted
to $3.50. .S32,715, an increase for the year
OF S2s, ,ei9. .447 and since the passage of
the act OF March H. 1900 of Sl05, SOC, 485.
The comptroller has prepared tables
showing the aggregate resources OF ma
tional state swings banks, private
banks, and loan and trust companies
from reports mde TO HIM or obtained
from other resources. The result Of
this investigation shows the existence
OF 1892 banks of all kinds In the coun-
try, with an aggregate capital Of S1l3S.-
O421s4; surplus and undivided profts Of
S69S, 465, O95 and 1910, S55. 1853, respective
ly; deposits, sS.si9, ,2S5llO; and loans and
discounts, s6.4s163O74S.
These consolidated returns are pre-
sented in detail for each class of banks
in each state and geographical division.
and all bnks of each class in geograph-
lcai divisions and in the United States
In the New England states there are
shown to be In operation, by these re-
turns, 11O3 banks, with deposits ag-
si,5l12O9. .112 and loans OF 81,
112l56141. In the Eastern states the
returns from 1875 banks show deposits
S4,156, 1924 $50 and loans OF
s., ,SSl,479,771. TIE excess Of deposits ov-
er loans In this geographical division
and In the New England states Is due
to large Investments in stocks bonds,
ana other securities by savings banks. |