The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1910-11-17
CALIFORNIA
Far Ahead Of louisiana From a
Financial Standpoint.
COMPARISON OF Two STATES

classes Her Southern RiVaI-Some
Items That Ought to Tell Heavily
as Arguments For the City Of San
Francisco.
with no design to lay bare a RI
val's hard circumstances, but to as
certain definitely the relative and
comparative ability Of California and
Louisiana, and of San Francisco and
New Orleans, to finance and handle
a worlds fair, the California ExpoSi-
committee has been looking into the
banking figures of the two states and
two cities" says the San Francisco
Call. THE showing is tremendously
against Louisiana and New Orleans.
Herewith are some items that
ought to tell heavily as financial
arguments for San Francisco They
are taken from the report OF the ma
tional monetary commission and re-
late almost wholly to conditions on
April 28, 1909. That they az exact
ard authentic there can he no Ques-
ton.
The results of the comparison are
striking. For example, with COmpar-
atively equal populations, California
has four dollars Of banking resources
to Louisiana's one. The savings de-
posits of the states are 13 to 1 in
CALIFORNIA; favor, ranking California
fourth in the Union in this respect
and Louisiana twenty-fourth,
San Franciscos 100000 savings
depositors have $154,00O,00O tucked
away; New Orleans shows $4,000
such depositors with only $17000,00o
| laid up against that rainy day. San
Francisco's savings banks paid their
passbock holders in interest in the
year covered by the report upward
of $5.000,0OO; New Orleans savings
depositors in tn same period were
credited with a little more than a
quarter Of million.
According to the report Of the
comptroller Of the currency, the ma
tional banks Of San Francisco in
creased their total resources $103,-
100000 in the year 1909-1910 New
Orleans ne tional banks increased a
little more than 100000.
Below are the precise figures:
Comparative Banking Statistics Relative
to California and Louisiana.
California.
| Population June l, 1909.... 1,732,o00
| Capital Of all banks ......S 999G7, 1858. 81
Average per capita ...... 57.72
Individual deposits ....... SCI, 1856 799 OC
| Average per capita ....., 327 Al
Total resources of ........ s42, ,969, $50 oc
Average per capita ...... 1856. "a
Total savings Deposits. 2S1, 1,22S, ,437. q
Number Of savings depos-
| ltOrs ..................... oZo,4Se
| Total dcpOsitors ........ S90,149
Average amount Of savings
deposit ................. 5S5. OF
Amount paid savings de-
positors In interest 190S-s 2,906 rs
Ranks forth among states Of the
Union in ar'ount Of savings deposits.
Ranks seventh among states in num-
Der OF savings depositors.
Louisiana.
| Population June /, 1907. 1912, 900
| Capital of all banks .....$ q 1856, 800. no
| Average per capita ...... l3 81
Individual deposits ....... 90,504, $50 90
| Average per capita ...... 55. IL
| TOT | resources of ........ 15s,642, ,502 0C
| Average per capita ...... 96 81
Total SAVINGS deposits go. 1856, ,2S3 &c
Number Of savings depos-
itors Observation-Disclosures. SO,753
| Total depoSitors .......... 163, ,S14
Average amount of savings
deposits ................ 264. OF
Amount paid Swings de-
positOrs in interest 1908-9 S01, ,527. 7;
Ranks twenty-fourth among states OF
the Union in amount Of savings deposits
Ranks twenty seventh among states II
number Of savings depositors.
San Francisco.
Total SAVINGS deposits -. .s153, ,792, 1856 OF
Total individual deposits 243, 927, ,4S7. 81
Number of savings depos-
itors .............. 2OS,25O
Total number Of depostorS 252,539
Average say. lgs deposit E. TAO. 0t
Amount paid savings de-
positors in interest -. 5,22S,s27. CT
Increase in total resources
of national banks 1909-10 $500, S2S 81
New Orleans.
Total savings deposits. IS 1886 1888 Al
Total Individual deposits 42,979,O OFT Il
Number Of savings depos-
itors .........,....... 5557s
Total number Of depositors 74,O19
Average savings deposit :. 300 0
Amount paid savings de-
positors in interest .. 1885, 1877 IL
Increase in total resources
OF national banks 1909-10 2,370, 226. Z
Note.--The figures above given ar
taken from the report of the nationa
monetary commission, and except Al
noted relate to April 2S, 1909
The last comparison is taken from TIL,
reports Of the comptroller Of the cur
Tency."