The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-09-23
BANK DEPOSIT STATEMENT.
FIGURES FROM TREASURY BUREAU
OF STATISTICS.

FIGURES FROM TREASURY BUREAU
OF STATISTICS.
rha rabies show That the People Oft
the United states Have Steadily In
creased Their Deposits In Banks
nj All DescriptiOns-Figu Given
for Thirty-three Years.
Washington, Sept. 22.-The bank de-
,osits of the people of the United States
aegregate $500, 100000, an average
~ S10S per capita. Ten years ago they
oqgregated 1929, 900 900, or just half
+bA amount of to-day, and twenty
years ago they were $780, 900, 900, or
little more than one-quarter of those
of to-day.
These figures are presented in Ia
HE lust prepared by the Treasury Blu
reau of Statistics for publication in
the forthcoming issue of it's monthly
summary of commerce and finance.
They are compiled from the reports of
the Controller of the Currency and in
clude deposits in national banks, saw
ings banks, state banks, loan and trust
companies, and private banks, and
over the official figures of the year
1Qo1. The figures for the various classes
of banks stand as follows:
Total deposits
Deposits in in 1901.
National banks ............$2, 1887, 753, 233
Savings banks .............. 2,597, 094, $50
state banks ................. 1,61O, 502 246
Loan and trust companies. 1,271. 0S1,174
Private banks .............. 1852 1903
Aggregate .........,..... IS, 5S5, 053, 1876
The figures thus compiled by the Blu
reau of Statistics show the total de-
posits in the various banking organi-
cations of the country, so far as they
can be obtained, from 1876 down to the
present time; though it is proper to
add that the figures for private banks
include, since 1887, only such banks
as voluntarily report to the Controller
of the Currency-in other words, only
about one-fourth of the total number
of private banks in the United States;
while during the period from 1875 to
1882 the figures cover the deposits in
practically all private banks. Taking
the figures at intervals from 1873 to
1901, the total deposits in all banking
institutions stand as follows:
YearA Deposits.
1898 Observation-Disclosures. 1878, 434,2 go
1887 .............-...... 400, y3S, U03
1887 Observation-Disclosures. 1926, TIP, 134
1892 ..................... 1850, 490,l0
1897 5,196, S4I, $50
1871 Observation-Disclosures. 1888, 053, l36
During recent years the growth has
been very rapid. From 1878 to 1882 the
increase was 1871, SOB 1888; from 1882 to
1887, $499, 1884, 0S1; from 1887 to 1892, ST.
374,71S,022; from 1892 to 1897, $685.
S74; and from 1897 to 1901, 81. 1886. POS sos.
An analysis of the deposit fig
ures of each class of banks is interest
ing, and in some cases may be carried
back over a much longer term of years.
The published figures cover the depos-
its in certain classes of banks at
much earlier date than that covered
by the reports upon loan and trust
companies and private banks.
The individual deposits in national
banks, for example, grew from $780,,
900 900 in 1866 to $61S0O0.000 in 1875, ST.
111,00O,0 900 in 1885, 81, 720, 000 900 in 1895,
and 1881 ,O000 900 in 1901 to SO, Ill, ZOO, 900
in 1902.
For savings banks the figures extend
back to the year 1920, and show the to-
tai deposits in that year at $1,13S,576;
in 1890, S6,973, 304; in 1910, $14,051, $50;
1885, SAB, 431, 1870; 1860. $149, PIT .5O4; 1880,
$Sl9, lO6, 973; 1890, $1,524,S44, sos; and in
1901, 1851 ,094, $50.
fOE state Dd4kS, lne Inquiries extend
back to 1910, and show for that year
total deposits to the value of $75693,-
S57; 1850, $109 $50, $685. 1860, $257, 229 562;
$780, $2O8, ISL GIL; 1890, $3.50, 054, 5S4, and
1901 $3.50, 5022 46.
For loan and trust companies the
figures begin with the year 1878, and
show deposits for that year at $S5,O25,-
371; in 1880, 800 COS, OOS; 1890, 1886, 456 492;
and 1901, S1,271, 081 ia.
Il nf in fea
banks are complete from 1875 to 1882,
by reason of the fact that deposits in
such banks were taxed during that
period and therefore returns were COM
plete; but on the repeal of the law
placing a tax on such deposits, only
about one-fourth of the total number
of private banks continued to make re-
ports to the Controller of the Currency.
The figures for private banks deposits
subsequent to 1897 are therefore ma
terially less than those of the period
1Slo-S2 when complete returns were
available. In 1875 the figures were,
1921, 100 900; 1882, 295, 622 100; $780, $685.,
62l66I; and in 1901, $11S,621,903.
The following table shows the total
deposits in the five classes of banks
named-national, savings, state, pri-
vate, and loan and trust companies
in each year from 1878 to 1901, except
the years 1886, for which complete
figures are not obtainable:
1878 ... $40. .... ...$1, 87S, 49,, 270
1913 ............... ..... 1,94O, f0ltlz
1886 .... 800. . 2,306, 1885, $50
1881 ...... ... ... 2,609 SIS, 492
4ooz ...-.... .......... ...... z, 100, 800, V03
1904 ......... ...... s, zoo, u, 134
1885 ........ ............. 8, 45S 266, 965
1889 ... .. 3,751, 514 1873
1890 ...... .......... :. S.99S,973, los