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

WASHINGTON, Dee. lis there
any reader who is not in possession Of
$3434?
If there is, then there is something
wrong somewhere. for that is the indi-
Vidual proportion of every man, woman
and child in the United States. of the
$32S450O, 600 now in circulation, ac-
cording to the report of the comptroller
of the currency, Lawrence 0. Murray,
just submitted to congress
All those who have been fortunate
enough to get their share out of the cic-
culatlng medium are IA cents richer
than they We're last year and one cent
better off than in 1910 which is at least
the price of an evening paper
The comptroler's report is the usual
fat volume, consisting chiefly of fig
ures But, at that, some of these fig-
ures are quite interesting, especially for
the banks.
! The 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
| houses. for the current year ending
October 81, aggregated $16S, 500 362 600.
This is an increase of $s.99S. S57 900 over
last year.
There were 26 clearing house associa-
tipns which reported losses
on the other hand, there were fifteen
associations whose clearings exceeded
/ he
New York, Chicago, Boston, Philadel-
phia, st. Louis Pittsburg. San Fran
cisco, Baltimore, Cincinnati, Kansas
City Mo, Minneapolis, Cleveland, New
Orleans, Detroit and Los Angeles.
The New York clearingE last year
totaled s95,672,3O1, 900. This was an ir
crease over last year of a little more
than $4,00O,000000.
The report also states that the ex
ports from this country last wear
/ amounted to $1870.000,O 900 While the
imports were $1,511, 900, 900, leaving d
/ balance in favor OF the United States
OF $3.50 100000.
The per capita estimate is made on
the basis Of a national population Of
! 95,656, 900
NuIupeV OF banks increases.
Tne comptrolIer's report is on 25,195
banks, sos more than last year. The
total resources Of these banks are s24
l9S6,642. 774.1S This is a gain of 81. 400
/ 232,3S1 since 1908, or an increase of q
little more than q per cent in the past
four years.
These figures" says the report, Gin
dictate an unprecedented growth in
bank resources during the past four
years, and far exceeds that for any like
| period III the country history. The
nearest approach to this increase is
shown in the statistics for June 30.
1904, when the aggregate resources Of
all reporting banks were about Sab
100000 greater than the amount rs-
ported in 1900
individual deposits in the banks dur
ing the last four years increased from
I$l2,7S4,5l1,169 to $17,024, O67.6 sos, the
increase being 4239,556.437, or over
33 per cent"
me hBures in the report relating TO
the postal savings banks. Indicate tbe
rapid growth Of those institutions
There are now 10000 depositors in H.,
postal savings banks. with a. total de-
post of $28OOO,OO
on January l, 1912. there were 1t4a
school savings banks in the United
states, with 1888 depostiors. all r.
whom were school children. At ona
time there was over 100000 on do
post in these banks. but on the first Of
TINS year the aggregate deposit only
amounted to 1905. 48047. But then the
holidays were Just over and the chill
ldrcn had withdrawn their savings o
buy presents. In regard to the smaller
sized bank notes, the report makes the
following interesting statement:
About Smaller Bank Notes.
The secretary of the treasury ha;
approved plan for systematizing tho
designs of the United States notes,
coins, certificates and national bank
notes. 1t is the purpose to make tho
notes more artistic and at the same
time 10 give them added security in tins
cirCumvention Of counterfeiting Tho
number OF designs will be reduced from
~ to 9. The charge determined upon
VIII reduce the number Of plates nece.
sary to print national bank notes f ON
l,2OO to 200, thus effecting an economy.
not only in the printing of the notes,
but saving to the banks Interested
! THE reduction in size of the notes
will enable the storage capacity Of the
department and bank vaults to be in
creased about % per cent. and il is be-
lieved that with the reduction in size
the folding Of notes, to certain ex-
tent win be obyiated, resulting in thei.
greater longevity
THE length of time required to Off
set the changes in designs and size Of
notes is stated at about eighteen
months