Omaha daily bee., 1909-12-09
WESTERN STATES ARE FIFTH
Per Capita Resources of Banks Of
Nebraska is $214.92.
DEPOSITS FOURTEEN BILLIONS
Resources of Banks and Trust Com
panies Twenty-0ne Billions.
COMMISSION COMPLIES DATA
For First Time I'm History of Country
Statistics Of National, state ana
Private Banks Are Avail
able for Same Date.


WASHINGTON, Dec. s.-with total re-
sources Of S4501O per capita population, the
banking institutions of the eastern OF /
middle Atlantic states lead the country |
The New England states come next with |
s43sSO per capita; the Pacific state are third !
with sS4T7s; the middle western fourth |
with s19O64 the far western fifth With |
s161.25; the southern sixth with S7119 and
the island possessions tail off with 1922 per
capita. The United states a whole
shows benklng resources per capita of
t237. "a; with the island possessions included
the rate is lowered to S21337.
These comparisons form 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 banking, presents a tabulation
OF statements showing the condition of all
classes of banks-national, state and saw.
irgs and loan and trust companies
throughout the country at given hour;
namely the close of business on April 2S
1908. The comptroller Of the currency gets
such reports periodically from the national
banks, the various state bank commits
sioners and superintendents get them from
the state banks-never before have the
facts been taken simultaneously from all
the banks Of the country.
Statistics by states.
Massachussetts leads the New England
states with total banking resources per
capital of s5l725; in order following come
Rhode Island s457,12; Connecticut, $lOO4S
New Hampshire, $2sS,SO; Vermont, s2S2t4;
Maine. s26s,eO.
New York. with se7sO7, leads the So
called eastern states, followed In order by
Pennsylvanla, with SS0S55; District Of Co
lumbia, with s269.96; Maryland, S244S4 New
Jersey, $2S2,79; Delaware $20449.
West Yirgipja heads. the southern list,
with a per capita OF Sl1266; Louisiana fol-
lows. with 1861; then in order come Texas,
SoC67; Virginia Sss61; Kentucky, Ss6b6;
Florida, 1864: Tennessee, S7l.46; Georgia,
se4.23; South Carolina. $52s4; North Caro-
lima and Alabama each S45.n; Mississippi
S5ss; Arkansas s4.1A
The middle western group ranks thus
Illinois, $249S9; Missouri. $21550; Iowa.
S2147s; Ohio s2OS.65; Minnesota, sl6Os5;
Michigan, S15S.26; Wisconsin. S12958; Indi-
ana, S126.9S.
Colorado, with s25O65. leads the western
states list; Nebraska has $2l492; Montana
$2O7,u; Wyoming. $2O7.25; South Dakota,
&ls275; North Dakota, s15SS2; Kansas,
$3.50; New Mexico, S1OOOS; Oklahoma,
$9426
The Pacific group is led by Nevada with
a per capita Of $5127S; then follow Cali
fornia. with $4S6.7O; Washington, 1896 g
oregon. $22552 Utah, S1s77s; Idaho. S17s.s2;
Arizona. S1s5.29;, Alaska. $1OOO7.
Hawaii shows a per capita of $780, Porto
Rico al.24; the Philippines, S2.7O,
Twenty-One billions Resources.
The institutions reporting to the commits
sion include 1898 national, n,319 state, 10;
mutual and stock savings, and 1,497 private
banks and 1O7s loan and trust companies
The total resources Of all Of these estab-
lishments reach the stupendous total OF
S2l, 100. 100000. A cursory analysis of the
resources and liabilities show loans Of Sll,.
s7sOOOOOO investments in bonds, etc, $4.
61AOO00OO; due from banks S2,562, ,OOO, 900
cash on hand Qncluding $500 900 in GOLD
coin aud certificates), Sl.4S2 900 900; Other
resources. S1Oe4. 100000 capital, ST. 500 900 900
Surplus and profits 81 SS5, ,OOO,OOO due tC
banks. S2,44.OOO,O 900; deposits including dov
eminent deposits. S4lO6, 900; other LA
bilities SS7O.OOOOOO. OF the deposits
$685. 100000 are subject to check $4,s26, co.,
0OO are savings deposits; S1.212. .OO0. 600 are OF
time and $625, 100000 consist Of demand Ger
tifloRtes.
Following the special reports from III,
banks. supplementary inquiry was made
covering 1S245 Institutions, relating to tn,
character Of deposits, depositors, in
terest paid, etc. The total deposits II
these banks on or about June 80 were S13
200 credited to over 100000 deposition
or deposit accounts, ranging from 81 up
wards. Nearly 15,0OOOOO depostors la,
savings OF time accounts and over $500 90
Of these were depositors in savings banks
Data ON savings Accounts,
The average rate of interest paid on saw
ings accounts is 3.55 per cent. and on othe
interest-bearing accounts, 21O per cent
over 40 per cent Of the banks pay no inter
est on ordinary deposits; more than 500
banks pay interest on deposits of SIS {
less and about L2Oo on sums ranging fror
So up 70 $500.
The report shows most interesting geo
graphical comparisons. The total bank re
sources for the entire country averag
S2SlA per capita, The state OF New Yor
leads with S676O7 per capita; Massachusett
comes second with s5l725; Nevada, thirC
SsleI2; California, fourth, S4S6.7O; Rhod
Island. fifth, R5T12 New York leads
amount invested in banking capital, Wit
over A1'AVNUVOi pennsylvania comes secon
with t229 10000; Illinois, third. Sl22 900 CO
Ohio. fourth, tlOi 100000.
other BRhlzs Lead National.
Banks, other than national have over
per cent OF the aggregate resources OF a
reportings over s. per cent Of indlvidu,
deposits and over 5s per cent OF the. aggr,
gate loans OF the surplus and profits
per cent credited to this class OF bank
while thS have only about As per cent
the oaptN and g per cent OF the Gas
holdings
The number OF banks has more ths
doubled since 1900 and the commission
report sreludes Las, more than report,
20 the comptroller Of the currency in l9C
tContinuod on second Pagel