New-York tribune., 1909-12-09
S2l,l0O,OOO, ,00OIN
FAST RESOURCES OF
UNITED STATES.
Al Financial Institutions Re-
port to Monetary Commission
-Neir York Leads.

~ Y ~ n W " sS'th's
Washington Dee s-with total resources
Of si5o 10 per capita OF population, the bank
ing institutions Of the Eastern or Middle
Atlantic states l.sd the eountry The New
England states come next. with sass 60 per
capita; N. Pacific states are third. with
s3aT Is. the Middi. Western fourth with
sleo ss. The Far Western fifth with slsl s..
th. Southern sixth. with sTi is. and The island
possessions. are last With s. 2 Per capita.
The Cnitec States as g whole shows bank
ing resources or s2sT q per capita. With
the islsnd possessions included. the rate Is
lowered % S2l5 81.
These comparisons fern q feature 81
remarkshle report issued to-day by the Ma
tional Monetary Commission. giving the
results OF an inquiry which not only covers
substantially every incorporated bank cf
any character in the, United States. but, for
the hrst time in the history OF American
banking. presents a tahul.tion OF state
msnts showing the condition Of all CLASSES
of bsnks~-naticnal, state and savings and
loan ana trust OBSERVATION-DISCLOSURES the
country at a given hour namely, the close
Of business on April 2s 1909. The Controller
Of the Currency gets such reports periodi-
cally from the national banks. and the vari-
Gus state bank commissioners and superin-
tendents get them from the state banks.
but never before have the facts been taken
simultaneously from sll the banks of the
country
HOW TIRE STATES STAND.
Massachusetts leads the New England
States, with total banking resources per
capita OF SSH 2S. Following in order come
Rhode Island. sl57 u: Connecticut. 500 ts.
New Hampshire, s2ss So Vermont. sas5 IA,
and Maine, s2ss g..
New York. with ss7s o., leads the so-cslled
Eastern States. followed in order by Penn
syIvsna- with 1896 IS: tho District of Col
umhia, with 1853 rs; Maryland. s-55 "a; New
Jersey. se32 -. and Delaware. Seo4 20.
West Virginia heads the Southern list.
with per capita of nie IS, Louisiana fol
lows with sss 81; then in order come Texas.
$40 90; Virginia. sss 81: Kentucky. SIS IS;
Florida, sss 81; Tennessee. s7l Is; Georgia,
ssi g; South Carolina. s.: 81: North Carolina
and Alabama. each $i5 n; Mississippi. sa5 80.
and Arkansas, Sal H.
The Middle Western group ranks thus:
Illinois, $40 50; Missouri. sei5 80; Iowa.
s24 IS; Ohio. seo3 IS: Minnesota. $50 %;
Michigan, sl53 %; Wisconsin, si2s IS, and
Indisna, 1926 IS
Colorado. with $50 G.. leads the Western
list. Nebraska has s2ii &C. Montana. s2O7 Il;
Wyoming, S107 Is; South Dakota. sls2 20;
North Dakota. s1S3 A.; Kansas. slS7 50; New
Mexico. 800 O5, and Oklahoma, ss4 &c
The Pacific group is led by Nevada, with
per capita of s5le "a. Then follow Cali
fornis- with $3.50 30: Washington. sess q;
Oregon, S225 a.; Utah. sls7 IS; Idaho, Sis 81;
Arizona, sl35 -. and Alaska, 500 o..
Hawaii shows per capita OF s1l 20. Porto
Rico Of Sll % and the Philippines of g 80.
RESOURCES AND LIABILITIES.
The institutions reporting to the COM
mission include $3.50 national, u.Sle state.
i,703 mutual and stock savings and iia7
private banks and l.0is loan and trus; com
panies. The total resources OF all reach the
stupendous sum Of SCI. 10000 900. An an
slysis of the resources and liabilities shows
loans Of SIl,S73.00O 0lD: investment i'm bonds.
etc. sisl4.o1oco0: due from banks. s25s..-
Ooo,eo: cash on hand Including $s0s.O0o o0)
in gold coin and certihcates), Sl,432, ,000. 900:
other resources. SI09i 010,CoQ: capital ST.
sooooocoo; surplus and profits. ST. 81. .Ooo. .ooo.
due 70 banks. 8, 4si. 0o000o: deposits Cnciud-
ing government funds) sl4i0s, ,oc0,Oon; other
liabilities. $50, ,0O0. .0Oa or tLe deposits <s.-
SIS OQ1.00 are subject TO check. Si,e2s. 90 0oD
are savings deposits. Sl.s12,c0o.0o0 are on
time and S6o5, ,cooooo are demand certificates.
Following the special reports from the
banks a supplementary inquiry was made,
covering 1926 institutions. relating 10 the
character OF deposits, depositors, interest
paid. etc. The total deposits in these banks
on or about June 80 were $ls.535 Oo0. 90.
credited to over a5,o1oooo depositprs or de-
post accounts ranging from 81 upward.
Nearly I5.po,"o depositors had savings or
time accounts and more than Seoo.gQ cf
these were depositors in savings banks.
Tho average rate Of interest paid on
savings accounts is 3.55 per cent aud on
other interest bearing accounts 3i0 per
cent More than - per cent OF the banks
pay no interest on ordinary deposits: more
than S.ofo banks pay interest on deposits
Of s15 or lass snd about 100 on sums rang
ing from s25 up 10 500
The report shows most interesting geo
graphical comparisons. Tho State Of New
York leads the country with ss7e OI per
capita. Nassachusetts comes second. with
s5l7 % Nevada third. S5ls12. California
fourth. S.ss ~. and Rhode Island fifth.
sis7 i,. Nsw York leads in amount invest
cd ia banking capital. with more than
S2sS. 10000. Pennsylvsnis comes second.
With s22e. .oooc"o; Illinois Third. sl22 10000.
and Ohio fourth. tol,e10co
Banks other than national hay. more
than IS per cent ot the aggregate resource.
Of sll reporting, more than IS per cent cf
individual deposits ana more than IS per
cent Of the aggregate loans. OF the sur
plus end prcfts IS per cent Is credited 20
this class If banks, Vhile they have oniy
about = per cent OF the capital and g Per
cent Of the cash holdings
The number Of hanks has more than
doubled since 1900 and the commissions
report includes LIS more than reported 20
the Controller Of the Currency IN laas Re
sources she" an increase OF about per
cent over leos ana rs per cert over 1901
Leans have increased 100 rer cent IN min.
years while investments have increased 90
per cent Capital stock has increased BY
more than IS Per cent sine. 1910. individual
seoornts - s5 per cent ana total deposits
b. "a per cent. In the current GEAR loans
have increased nearl" per cent, invest
ments in bonds. etc. about s.. Per cent and
deposits mere thaa O.: per cent