New-York tribune., 1908-12-11


tries is estimated AZ SOS GO, divided as follows
British F>-ari-. Il - es @ 80 80
central snd south Ansries. SOS go
-,-s1 S2S ioI 6'''0o
The worlds banking power in 1886, according 10
>grba1 WIS .l5 eS5 coz Gao the United States being
credited with $3.50 c02.Co0 of this amount since
that year the banking power OF the Ch'eo ~ ~0'aue
l.s increased 20 the extent Of S24s2 7@o' or over
% rer cent. that OF foreign countries &l'-'ZooVo
or I5s per cent. and the combined banking po"e-
600 "a .oo go or lss per The aggregate paun
,-x rover or the world IS estimated at S49''oJ''o
TIE -ara-1 includes statistical and general IN
formation n relation 10 condition OF nafiohai
and other hanks at date OF latest returns. the s-
,1-es relating io national banks being taken from
reports 10 Ire Controller under date OF Sep'e"huei
q 1eos when there we're in operation 6N7' assoca-
7fos with rad in capital Of 1921 4cSl72 circulating
notes outstanding SslS.7e5.l55 and individual oe-
-,ox3-s - .sas "a 1s5 Loans and discounts
amounted to s. 75ae275 81 H. and the banks heio III
their vaults gold and silver to the amount o. S',''
* z55 and legal tender notes. SlSs25s-'9- Inc ak
s-eeste resources Of The hanks the date in q1es
-5or were seac7 a6a IN addition 10 the pal1 N
e-orl Of national banks Is the stockholders liabi-
it7 amounting 20 1921. .4s5lz. The surplus Of ihe
hanks is S5ss ssS.2o- and their undivided pT"n'S
s-a2 ~ S0 Tfus the capital stockholders iaolhlE
s7;r7l,is and other profits aggregate S26lea.S5 or
over onefaurth of the total liabilities Of the banks
7 * estimated that there about 4of.c0 share
holders in national banks, and that the affairs OF
,he .esociatjons are ma naged by approximately
IS ota directors The Controller estimates the num-
ter Of 6er,ositcrs in mats 5oIiai banks At og'yF'-
The a,,+ho-ized capital stock Of the national banks
IN October q lea7. amounted to s9o927i.775 since
which date there has been addition OF S--e-S"''
from hanks organized IN the year and @Is'~'V''
<-o-n increases nf capital of pre-eTlsjlnE oanhs-
r.. 7o-eae 7-a-e rs follows: B. voluntary iquida
zion 81 a4a sa. BY expiration Of charters s5'5"''
tv failures s55ea 90; hy reductions OF captaiza-
-5o- cr old hanks SI72.5n These changes show
an srparent increase Of capital or S2lo9h|F', hut
+bfs includes the capital Of a number or associa-
fjons closed voluntarily or otherwise the stock
accounts Of which have not been closed on the
books OF The office, the amount so represented
being S2,0S5 opa.
mere are seg national banks with capital Of
szs aea each ell6 win capital Of over $500 TO
So "co Inclusive 1s5 with capital % over 5000" to
saa rE inclusive 757 over slts8 S2oofo 40 over
s27 on6 10 81 .la ab' ~ 100000 to S9pV"9 and
& with q capital o. oyer S5.enJ.Ff,
From the date Of the first issue of national bank
circulation. December y, 1873. 10 October q lSe'
notes were issued the amount Of si.l'2sl4sis OF
which 81 @ 76q es have been redeemed, leaving out
stsndinE sess IS. IN the year just closed the
issues amounted 10 Sse aI7.74o amount exceeding
~ $3.50 ses 0Do the issued in the year ended
October 81 1907.
Consolidating the reports Of earnings and dvi-
dends for te year ended July J. 1905. an average
oarfrai and surplus ;Ss3 e32 0o and S4sS5o475,
respectively. tic gross earnings are shown to be
Sss2 s54 e2: etc. charged of. S256S267. and
expenses and taxes paid Sl50.55l. .e+9 leaving net
earnings OF S1cI 235.2SS The aggregate amount or
6vldends paid during the periods was 1885, 2S2 an
average Of ~ 81 per cent
The banks have paid to the government. above the
ccst Of The operation of the currency bureau. 257-
eg7 ses e
STATE BANKS AND TRUST COMPANIES.
Information received for the current year shows
.st there were IN operation 1852 hanks other than
Of
The returns include 1l22a commercial banks. l453
savings hanks tof which SIS we're OF the mutual
class g. without capftal stock 1907 private banks
and ss2 loan and trust companies The capital stock
- "a. commercial hanks aggregates Se2 s3 IN
6r5dus1 deposits S29s7 I29 rs. and resources "a
az sss Savings hank reports 10 the number oi
zs2 SHOW deposits sEEreEatng S,47sle2ss and re
sources e 52.l52 the numneT cf deposltors *
-Hs szs re average deposit heng s42o - The S42
loan and trust companies. with capital Of 2s4oS,-
70 Snow aggregate resources cf S2s05sSz8I5. Re
ports we're ontsined from 1"'1 private hanks and
rsre-s with pital Of 81 L. SIS and aggregate re
sources ~ zl51 .541.ssa
Combining July 1eos returns rom national hanks
With those other banks - approximate cafes
s. shown that returns were received from I'.'4'
hs-ks. with aggregate CAPITA of S.151-9s'f" ana
rz-ezzre resources of sla 5SS 10000 The aggTesate
.raivfdual deposits are s12.7s4.5Hdooa Ranks other
than national held s Per csnr cf individual deposits
IN al hanks ana . per cent Of the aggregate re-
sources.
Individual deposits ir all reporting hanks in 1907
sFEreEa-ed S722s sss 40 for he current year de-
-osifs aFzreeate 1se increase Of sS545
F21 ~ within eight wears - per cent. ON
June a. 81. individual deposits in all reporting
hanks aggregated KS 'f2 S34S S315124l79 greater
-han the amount reported for the current year.
II leC the percentage or cash holdings Of all
banks individual deposits was $50 per cent On
cr bout June - Of the current year the banks Of
the country he'd IN their vaults 1910 per cent 70
meet The demands Of depos'tors. National banks
Increased their percentage Of cash holdings TO in
5iyfdusI deposits from l57o TO 2o33, state banks
from s2s l0-5l. private banks from SO to s71
loan ard trust companies from i23 10 ga, and
savings banks from o-16 10 1-2S per cent
or or about june - 1868. the banks Of the coun-
Try had on hand q 3sS 80 $50 against Sll3i2Sl6 in
.&7 gain o. s254 1851 during the year About
tv-otfros Of the cash holdings Of the banks Of the
country are in national banks
The stock OF money IA the United States June
30 1877 Sas s5115 $4,000. On July OF the present
,,aar II was reported S2.@7s, 10000 being in
crease OF sls3 go 90 OF The total stock of money
&. the country per cent is held in the Treasury
as assets per cent is in reporting banks. and
AZ 5s pe- cent elsewhere, the capita not In the
Treasury or banks being S19 Is cents less than
in 1907. The Of money in circulation, ex-
elusive Of coin and ether money in Treasury as
assets but including money in reporting banks, is
g oss. eeO9ge OF a per capita OF s34 a. as against
50 % IN 1907.
Bank resources have than doubled since
1900 but in the current year there has been q de-
crease % about one-third Of / per cent. The
OF ali reporting banks on June 30. 1905, ag
gregated gs.5s5. sl93 3s3. in 1896 the aggregate
sources were sis loss Of ss e0 557 during
the current year 1900 the bank resources Of the
country aggregated Se.IzsoI7sl7 the increase since
THAI amounting SO 45 3e2 s7e l1s per cent
or the thirty-three national banks for which
oelvers were appointed in he year ended October
e. 500. nine banks with aggregate capital OF
Sora-a