The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1909-12-09

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population, banking institutions OF the
eastern or middle Atlantic states lead
the country.
The New England states come next
with s43360 per capita; the Paclnc
states are third with $S47.7S; the
middle western fourth with sl90.64;
the far western fifth with S161.S5;
the southern sixth, with $71.19, ana
the island possessions tail off with
1922 per capita.
The United States, as whole,
shows banking resources per capita
of $237.24 With Island possessions
included the rate is lowered to $21537
These comparisons are made in the
I, report Of the National Monetary
commission issued today to give re-
suits of an inquiry which not only
covers substantially every incorporat-
ed bank in the United States, but Tor
the first time in the history OF Amer
| lean banking shows the condition OF
| these banks at a given hour-namely,
the close of business on April 28,
1909
Massachusetts leads the New Eng
land states with total banking re-
sources per capita of $517.25. In
order following come Rhode Island,
$45712; Connecticut $400.4S; New
Hampshire, $2SS3O; Vermont, $2S3.14;
Maine, $268.60.
New York, with it's $67607 leads
! the so-called eastern states, followed
by Pennsylvania with $303.55; Dis
trict of Columbia with $26996; Mary
Delaware, s204.49.
West Virginia heads the southern
list, with Il per capita of $11266.
Louisiana follows with 1861. Then,
in order, come Texas, s9O.67; Vir-
GINA, sSS.G1; Kentucky, $3.50; Flor
ida, $S654, Tennessee, $71.46;
Georgia, s64.23; South Carolina.
1924; North Carolina and Alabama
each, 1851; Mississippi, s45.33; Ar
kansas, $41.1i.
The middle western group rank
thus: Illinois, $24o.39; Missouri,
s215.5O; Iowa. s214.7S; Ohio, s2o365;
Minnesota, s160.95; Michigan, $15326;
Wisconsin, $129.53; Indiana, $126.9S.
Colorado with s25O65 leads the
western states list Nebraska has
s214.e2; Montana, s2O7.71; Wyoming.
s2O7.25; South Dakota, $182.75; North
| Dakota, s153.32; Kansas, $3.50;
New Mexico, $4,000; Oklahoma,
$9426
The Pacific group Of states is lead
by Nevada, with a per capita OF
$51273; then follow California with
s3s64O; Washington. s296.23; Oregon,
$22552; Utah, $187.76; Idaho, $178.82;
1oC 1yo
Hawaii shows per capita OF
$7199; Porto Rico, $11.24; the Philip
pines, 1910.
For the first time in the history of
American banking, statements oo-
tanned showing in detail the condition
of practically every banking institu- !
ton in the United States at given
hour The comptroller of the currency
gets such information periodically
from the national banks, the various
state banking commissioners get II
from state banks from time to time
Such reports come forth at different
times and under different laws and
forms
The National Monetary Commission
has just completed and made public
today the tabulated results of an in
vestigation Of the condition of tho
various classes of incorporated banks
throughout the country, the reports
being made invariably upon a uniform
blank and all as Of the close of bus
mess on April %, 1909.
An enormous and exceedingly i'm |
portant mass of information has thus
been brought within the reach Of the
financial world and the report ISSUED
today affords material for unlimited
study.
The institutions reporting to the
commission include 6,S93 nationa
banks, 1879 state banks, 1,703 mutua
and stock savings banks, 1,497 private
banks and 1,079 loan and trust com
panies The total resources of al
reach the stupendous total of $21,1O0,-
100000. A cursory analysis of The |
resources and liabilities show loans o.
s11,373 O0O.0OO; investments in bonds |
etc. 100000. due from banks
| 81, 5620OOOOO; cash on and includire
sS09, 100000 due to banks $2,484, 000,-'
600; deposits Gncluding government =,
deposits) 14,16,O0O,OvO; other liabil- |
:ties $3.50, 600
Of the deposits $6,956,OOO,OOO are
subject to check; $4,926O0O,OOO are
savings deposits $6,95e0 100000 are sub
ject to check; $4,926, 100000 are saw
ings deposits; 1,212,O00,000 are On
time and $625,000,cnQ consist of de- |
mand certificates.
Following the special reports from
tie banks. supplementary inquiry
was made covering 1925 institutions. !
relating to the character of deposits. |
depositors, interest paid, etc. Total !,
deposits in these banks on or about |
June 80, were $13.605, 100000 credited
to more than twenty-five million de- |
positors or deposit accounts. ranging |
from 81 upwards. Nearly fifteen mil |
lion depositors had savings or time |
accounts and more than 100000 of
these were depositors in savings
banks.
The average rate of interest paid |
on savings accounts is 3.55 per cent |
and on other interest bearing accounts |