Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-12-16
HAVEN 7 S34.34??
YOU VE MISSED
YOUR SHARE
There's That Much Money for
Every Citizen of the Country,
Says Comptroller.

WASHINGTON, Dee 16-Is there
q7,. .7ader who is not in possession of
1894?
If there is. then there is something
wrong someW here, for that is the indi-
,..ruaI proportion of every man, woman
and child in the United states, of the
ea aS4 500. 600 now in circulation, aC-
.ording TO the report of the comptrollel
of fine currency, Lawrence O. Murray
5gst submitted to congress,
An those who have been fortunate
.,onoh to get their share out of the cir
mating medium are IA cents richc'
nan they were last year and one cent
better off than in 1910, which IS at least
The price Of an evening paper
Tre comptroller's report is the usua!
f,t volume consisting chiefly of fig
ares But, at that, some of these tg-
.,...- are unite interesting. especially Tor
the banks
1,be comptroller informs US that the
volume of business in this country has
increased over last year to the extent
Of millions of dollars.
Clearing Business Greater
THE transactions of the 151 clearing
rcnses for the current year ending
october 81, aggregated S16S,5O6,S62 600
,rbf- fe IN increase of $S,S9S, 357 900 over
last year
There were 20 clearing house aSsocla-
ton. which reported losses.
On the other hand. there were fifteen
a..,.iations whose clearings exceeded
... 5flHon-QoIiar mark. These We're
New York, Chicago, Boston, Philadel-
.a.a. ST. Louis. Pittsburg, San Fran
cisco. Baltimore, Cincinnati, Kansas
CITY. Mo-. Minneapolis, Cleveland, New
O.-.aus. Detroit and Los Angeles
the New York clearings last year
.o.s,aG &9S.672, sol 900. This was an iii
crease over last year of a little more
..an $40O0C00000
The report also states that the ex-
ports from this country last year
amounted 10 $1,S7O,000,OOO While the
IMPORTS were $1.511 10000 leaving Q
Balance in favor of the United States
OF 1853 coo, 600.
THE per capita estimate is made on
fuo basis Of a national population OF
95.o5G00O.
Number Of Banks Increases.
The comptroiler's report is on 25,195
banks. SU3 more than last year. The
total resources of these banks are $24,-
aS6.542, 174.1S. This is a gain of $5,409,-
80 ,3S1 since 1908, or an increase of a
little more than 81 per cent in the past
iCH years.
"rhcse figures" says the report, in
Ctcate an unprecedented growth in
bank resources during the past four
wears, and far exceeds that for any like
roa i'm the country history. The
u.aost approach to this increase is
shown in inc statistics for June 30,
1904 when the aggregate resources Of
.i reporting banks were about Sab
.0eooo greater than the amount re-
ported i'm 1900.
individual deposits in the banks dur
~ the last -four years increased from
1Si,51I.I69 to S17,024, Q67,606, the
increase being $4,239, $50, 437 or over
80 per cent"
The figures in the report relating to
the postal savings banks indicate the
apjd growth of those institutions.
lere are now 100000 depOsitOrs in the
postal savings banks. with a total de-
post of 5000 900.
On January i, 1912. there were 1,149
school savings banks in the United
States with 1888 depostiors, all Of
N.ou ware school children. At one
nv. there was over $3,000,000 on de-
u.t' in these banks but on the first of
his year the aggregate deposit only
amounted to S90S,4S0.4I, But then the
o.jdaEs We're Just over and the chill
tt0 had withdrawn their savings 20
.uy p. esents. In regard to the smaller
SIZED bank notes, the report makes the
louoWlng interesting statement:
About Smaller Sank Notes.
The secretary of the treasury has
approved Il plan for systematizing the
designs Of the United States notes,
coins, certificates and national bank
notes IT is the purpose to make the
notes more artistic and at the same
'lhe to give them added security in the
convention of counterfeiting Tho
number OF designs will be reduced from
49, TO 3. The charge determined upon
VIII reduce the number of plates neces-
5aN To print national bank notes from
zoo to 200, thus effecting an economy,
mot only in the printing of the notes,
'ai a saving to the banks interested.
Ihe reduction in size of the notes
@I enable the storage capacity of the
'opartmcnt and bank vaults to be in
creased about % per cent, and it is be
aeNed that with the reduction in size
lne folding of notes, to a certain ex
lent win be obviated, resulting in their
2.eater longevity.