The Paducah evening sun. [volume] (Paducah, Ky.) 1906-1929, 1909-12-09
BANK REPORT
MADE PUBLIC
ISSUES FIRST COM
PIsEHENSIyE STATEMENT.
Average Rate Of Interest Paid on
Savings Accounts Is 3.55 Per
Cent--TotaI Resources.
FIGURES GIVEN.

Washington. Dec. 9.-with total
resources OF s45e.19 per capita of
population, the banking institutions
OF the Eastern and Middle Atlantic
states lead the country. The New
England states come next with s433.
co per capita; the Pacific states are
third with s347.7S; the Middle West
ern fourth with $1,000; the far
Western fifth with s16135; the
Southern sixth with s71.19, and the
island possessions tail of with 1922
per capita. The United States as a
whole shows banking resources per
capita OF s237.2i; with the island
possessions Included, the rate is low
cred TO s215.35.
The comparisons form a feature OF
a remarkable report issued today by
the national monetary commission
giving the results OF an inquiry which
not only covers Substantially every
incorporated bank OF any character
In the United States, but for the first
time In the history of American bank
ing presents a tabulation of state
ments showing the condition Of all
classes OF banks-national state and
savings and loan and trust companies
throughout the country at given
hour, namely, the close of business
on April 2s, 1909.
The comptroller OF the currency
gets such reports periodically from
the national banks. the various state
bank commissioners and superin-
tendents get them from the state
banks. Never before have the facts
been taken simultaneously from all
the banks OF the country.
Massachusetts, leads the New Eng
land states with total banking re-
sources per capita of s517.25; in or
der following come Rhode Island.
s457.12; Connecticut, s40O.iS; New
Hampshire, s2ss.Ss; Vermont, $3.50.
IA; Maine, s26S.6O.
New York with s676.07, leads the
|so-called Eastern states. West vir-
ginla heads the Southern list with a
per capita OF SIP .66. Louisiana fol-
lows with s96.61; then in order
comes Texas, s90.67: Virginia, sSs.-
Il61; Kentucky. 5000; Florida, $50
81: Tennessee, Stag; Georgia.
s64.23; South Carolina, s52.S4;
North Carolina and Alabama. each
1854; Mississippi, $3.50; Arkan-
sas, si1.14.
Figures Are Big.
The institutions reporting to the
commission include 6,S93 national
1919 state. 1,703 mutual and stock
savings. 1897 private banks and L.
079 loan and trust companies. The
total resources of all of these estab-
lishments reach the stupendous total
of 21.1O0. 900, 900. A cursory an
alysis of the resources and liabilities
shows loans of s11,374 900 900. in.
vestments in bonds, etc. s4,G14, 000,-
900; due from banks, s2,562 .000,-
900; cash on hand (including $780,
900 900 in gold coin and eertificates)
s1.432 900 600; other resources. ST.
.O94 .0O0N0O; capital. $500 .OOO,-
900; surplus and profits. s1.s35,-
100000; due to banks. sass. 0OO,-
600: deposits (including government
s14 900. 900: other
liabilities ssT0 900 900. or the de-
posts s6.s56.0oo.O 900 are subject to
check. s4,526. 900 900 are savings
deposits. 1921 900, 900 are on
time and sG25.OO0,O0O consist OF de-
mand certificates.
Supplementary Inquiry Made.
Following the special reports from
the banks, a supplementary inquiry
was made, covering 1S,245 institu-