The Washington times., 1910-12-12
Record-Breaking Figures In
Annual Report of Comp
troller Murray.
AMERICA LEADING
WORLD IN SAVINGS
Country Reaching New Pinnacle of
Financial PrOSpeTity-Big
Increases Recorded.

A vast increase in national banking
/ business in The United States since Sep
/ TENDER, 1903. in which ls6 new banks
/ have been established and the net az
| gregate resources have increased S252, -
%, Go. a record breaking figure. IS shown
/ in the annual report OF Lawrence 0.
( Murray. Comptroller Of the Currency,
which was given 10 Congress today
/ At the date Of the first caH during the
! fiscal year. November Is. 1893. there were
1 1905 national banks. with aggregate re-
sources Of Ss,5S1 So, 66275- on January
/ 81. 1910, the resources had increased to
50 ~. 51S, 1851; on March % TO 1851. 924-
I 1851 reaching the maximum during the
year on june 80. Of $685. 50, 696- 70 The
September = call showed a decrease OF
: SO, 4s3. 244S7, 70 S9.S26, Isl. 1926
/ a new record has also been establish
I ed in national bank loans. the total ag-
/ ETegating s. ,1606S9- The report shows
/ that business with the national banks
/ acting as a barometer IS reaching new
pinnacle Of financial prosperity The
/ report also shows that new banks are
/ being constantly established in Ameri-
! can colonial possessions
In September.
/ The resources Of 7-I73 national banks
I on September !. 1910, we're SIS -452.
! the largest in Americas history At
that time the banks held S740.592. 100
worth Of Government bonds, nearly
! so, 100000 more than were held a year
previous The report shows the nnanclai
stability OF the nation
/ Another indication Of the onward
/ march Of good times was the vast IN
/ crease in deposits in the year covered
I by the report. From September /, 1903, 10
} September l, 1870 the individual de-
POSTS IN national banks increased $685.
I 1921
/ The Comptroller states that the Treas
ury Department Is making every effort
( possible 70 put all weak banks out OF
the national banking system
/ The people Of the United states are
/ EecomiEE Ereat savers, according 70 AR
I 1Iurray's figures On September I, 1910
there were 2,1G3-5S4 depositors in national
/ hanks in this country
England Leads.
! At present England leads the nations
THAT have postal savings banks although
/ il viii be interesting 20 note what posi-
ton America viii take IN this column
/ Deposits in postal banks in the United
I Kingdom in 1903 we're Ss7l- COS, 30 France
was second and italy third
/ America leads the world IN savings
I Approximately one-tU elfth OF all the
| bank depCSitOSs on the globe are n the
/ United States and its possessions In
hanks OF all kinds there were S15,S59,-
/ 5S3,G44 in deposits at the time this re
The amounts Of deposits in banks Of
all kind increased during the year, COW
cred BY the report. the largest increase
with the middle Western States next in
line
New York at Head
Among the States New York leads
with the largest amount OF deposits,
I the banks and trust companies in that
state having approximately a billion
. and a half in money
/ The amount Of gold held by the banks
I report shows that the banks are grad
Ually relying more and more upon the
/ conservative Government bonds for in
( vestment Bonds and securities other
than Government shares held BY banks
during the year decreased over fifty
/ one millions from the year before
| Particular attention Is paid 10 postal
Z savings banks in the report. It states
that fOrty-eight postOffCes have been
( designated, 50 far, as postal savings
{ repositories
DepOSitoTies-
{ They are as follows: Alabama, Bes-
semer; ARIZONA Globe. Arkansas, SUIT
gardt- California, Oreville; Colorado.
/ LeadviIe; Connecticut, Ansonio; Del
/ aware, Dover; Florida, Key West;
/ Georgia, Brunswick Idaho, COUeT
| d'AIene, Illinois. Pekin; Indiana,
/ Princeton Iowa, DECORATE Kansas,
Pittsburg; Kentucky AIiddIesb0i~-
I louisiana, New IBERIA: Maine. Rum
/ ford: Maryland, F'rOstburg- Massachu-
sets, Norwood. Michigan, HOughCOu;
( Minnesota, Bemidji- Mississippi. Gulf
port. Missouri. Carthage; Montana,
Anaconda Nebraska. Nebraska City,
I Nevada, Carson City New Hampshire.
I Berlin; New Jersey. Rutherford; New
/ Mexico. Ration. New York. COhOeS,
[ North Carolina, Salisbury North Da-
/ kota, WappetOn- Ohio, Ashtabula. Okla
! hOma- Guyman- Oregon klamath Falls,
/ Pennsylvania. Dubois Rhode Island.
! Bristol South Carolina Newberry-
/ South Dakota. DeadwoOd; Tennessee,
( Johnson CITY Texas, Port Arthur;
! Utah Provo: Vermont Montpelier Vir-
/ Efnia, Clifton Forge. Washington,
/ Olympia. West Virginia. Grafton: Wis
/ cOnsin, AanitoWOC; Wyoming, Laramie.