The Montgomery advertiser., 1909-12-09
REPORT SHOWS MONEY IN BANKS Eastern States Lead the
 Country. COMPILED BY COMPTROLLER Remarkable Statement Gives the Per Capita Resources. Alabama Ranks wen Down in ths List of sesthsrn stsfes--Esvery
 section and the Is-
 land Are Cev-
 cred.
COMPILED BY COMPTROLLER

Wd6nInELohsf V. Nst AteS. os-~ Uitt1 total resources of $f5o.1s per capita of population. the banking institu- tions of the Eastern and Middle Att lantic states lead the country. The New England states come next with y43s,60 per capita. the Pacific Statef aret hird with s34T.7s; the Middle Western fourth with e1so.e4s the far Western fisxa. with slei.36; the Southern sixsn, with g7l.ls. and the island possessions tail off with $s.2z per capita.
 The United States as whole showf banking resources per capita Of s237,24; with the island possessions included. the rate Is raised to S2ls.- S5.
 These comparisons form feature of a remarkable report issued today by the National Monetary Commits sion. giving tffe results of an inquiry which not only covers substantially every incorporated bank of any char acter in the United States. but for the first time in the history of American banking. presents tabulation of statements showing the condition of all classes of banks---National. State and savings and Loan and Trust com panics-throughout the country at . given hour, namely. the close Of bus mess on April 2s, 1909. The comptroller of the currency gets such reports periodically from the national banks, the various State bank commissioners and superfntend- ents get them from the State banks never before have the facts been talk en simultaneously from all the banks of the country.
 Massachusetts leads the New Tng- land States with total banking rs- sources per capita of S6I7.2s; Rhode Island, s417I2; Connecticut. s4o0.4s: New Hampshire. s2ss.ss; Vermont. $2S3.l4. Maine S26s.s0,
 New York. with $e7e07 leads the so- called Eastern states; West Virginia heads the southern list with a per capita Of S112.se; Louisiana follows with sses6l: then. fffs order. come Tex~a as, $s0s7; yirginia, sss.si; Kentucky. sSesss; Florida. sSe.54 Tennessee, }71.4s; Georgia, seAas; south Carolina. s52.s4; North Carolina and Alabama each s4s.4l; Mississippi. s4s.4s; Ar kansas. s4iI4.
 The institutions reporting to ths commission include 6.s92 national, H. 319 state 1.70S mutual and stock sav- ings. LAST private banks and I,o7s loar and trust companies. The total re sources of all of these establiahments reach the stupendous total of s2f,- 000.000,00o. A curs0ry analysis of tho resources and liabilities shows loans oi s11,s740 00O.0 .000; investments in bonds etc. of s4,614,O00. 900; due from banks $2,562 900, 900; cash on hand UncludinE ss09. 100000 in gold coin and certifi- cates), $1.432, ,000,000: other resources, y1. ,O00. .000; capital &i.200, COG. coo; surplus and profits, $1.ss5.00000; due to banks. s2,4S4 .o00.0oo deposits fin- cluding Government depositsD. sf4.f06.. 900, GOO; other liabilities. sS70. 1000, GOO. Of the deposits, $6.e56, GOO 000 are sub- ject to check; S4.926, ,000.000 are savings deposits; a1.212.o00.000 are on time and ss25, ,0O0,00o consist of demand certis- oates.
 Following the special reports from the banks, a supplementary inquiry was made covering 1s,245 institutions. relating to the character of deposits, depositors. interest paid. etc. The to- tai deposits in these banks on or about June 30 were $is.59s. .000. 900. credited to over 5,0O0. 900 depositors or deposits accounts. ranging from s1 upward Nearly l5,000,000 deposltors had sav- ings or time accounts and over sss0o,- 900 of these were depositors in savings banks.
 The average rate of interest paid on savings accounts is 8. .55 per cent, and on other interest bearing accounts 3 10 per cent. over 40 per cent. of the banks pay no interest on ordinary de- posits; more than 5000 banks pay in- terest on deposits of $25 or lesss and about 1900 on sums ranging from s26 up to $500.
 The report shows most interesting geographical comparisons. The total bank resources for the entire country average S237.24 per capita. The state of New York leads. with se76.o7 per capita; Massachusetts comes
 with S5t725; Nevada third. ss California; fourth. s4se.7o; Rhode .s land nth. S45712; New York lea l amount invested in banking ca
 with over s2ss, ,O00, 900; Pennsyf
 comes second with s229.000,000: l.. nois third, $122,o00,0o0; Ohio fo -tl. Sl0l 600 GOO.
 Banks, other than national bs ls. have over 55 per cent. of the aggress resources of all reporting over s6 per cent. of individual deposits and over b6 per cent of the aggregate loans. of the surplus and profits. 65 per cent ia credited to this class of banks, while thev have only about AS per cent. of the capital and 3s per cent. of the cash holdings.
 The number of banks has more than souhled since 1900 and the commissiou's renort includes 1.145 more than report ad to the Comptroller of the Currency in 1908. Resources show an increase of about per cent. over 1908 and 9b ner cent. over 1900; loans have inereas- sd 100 per cent in nine years, while investments have increased 92 per cent. CanItal stock has increased by more then 75 per cent since 1900; individual accounts by s3 per cent. and total de- nosits by 94 per cent. During the cur rent wear loans have increased nearly | ner cent, investment in bonds, etc. about 3-4 per cent. and deposits over 1-2 per cent.