The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-12-09
PAST YEAR SHOWS
FINANCIAL PROFIT
According to Comptrollcr's Re
port. You Should Be p Cents
Richer Than III 1912.
AVERAGE SAVINGS is S265
Eorty-l'ivc Per Cent OF Banks
Now Pay interest OH Deposits.
Big Export Trade.
Especial to The rimes-pispa,ch. ]

Especial 10 The Times d spatch.l
WASHINGTON. December S.-Each in
dividual in the United states is thcorit-
icaily % cents richer this year than
last, accorciin. TO the annual report Of
the Comptroller OF the Currency. is
sued today
The total OF actua! money now Ill the
country, including the amount held i'll
reserve in the United states Treasury.
is S&.120,01O.ct6, and II this stupendoua
amount OF circulating medium We're
equally divided among every man, wo-
man ana chile within the confines OF
tho United states each would have
s34.5C. Last year this per capita aver
age was s3i3i This is the highest
pcr capita average Yet attained, cN-
ccpjnS in the years OF 1898 aud 1909,
when II reached S%tt2 and >3i.?5 re
spectiNciN
OF the total amount or circulating
medium. consisting OF specie. legal ton
ders and national bank notes, $356.331.-
1ti is held III the Treasury, thr re
mainder. S3,363.I3s,li2, beins i'll actual
circulation. or this latter amount, 81
per cent Is included in the assets Of
national, state and private banks, lcav-
ing 53,S per cent Jvith tho public 1T
large.
W hat Government Owes.
DeductinS the cash in the Treasury,
the United states government owed
on juno 80, Of this year $t,02S,3ii,-
$50 Of which Se65.1oG.5l0 WAS interest
bearing at an average rate of 2.3e
per cent.
Ely reason OF the stron. competition
Tor deposits. and Incidentally thc pay
mcnt o. hi@hcr rates OF interest OF
h,r an ~.
Part az trust companies and other
state banking Institutions. the cNtlh-
Nsh'ucit of savings DEPARTMENTS on
the payment Of interest Oh savings &C
counts by national hanks has notably
increased until at the uresen, time
about - Pc cent 81 tho banks have
taken that action, as shown by the re-
ports relating TO tho number and
volume OF savings accounts
Inc number Of savings d"poSjtors
or savings deposit accounts. Increased
from :.,73.G>4 on November IL. 1872.
10 "U2o N&l on August ?. 1919. ana
funds Ia the credit OF these dcpositors
from $775.lSl.3c2 in November. 49,
I" SN2i.476,""5 in June last. although
by August there was q decline as i'm
TIC case OF other deposits when the
amount Of these accounts had fallen To
AH@"s@".Alo. notwithstanding this de
cline ~ volume there was "a net in
counts OF s+tl5>.cl9
M average amount Of savings lie
I posits, based on the returns for th,
Nehl is shown 10 have been SSOS.nG!
al, representing approximately 1866
/ per cont 81 the average of NIL in
NN'"ual deposits Tho average saw
lnEs account is estimated at $3.50
/ i'aScd on tho August returns, the
greatest amount as well as the high
G|t percentage 81 savings deposits was
neid by national banks located In the
/ Eastern states. In this section l1-s
I per cent Of all deposits arc savings
! Ihe percentage III Tho hanks in In.
southern states Is 1885, Middle West
4 crn states 1870: tho New ENGLAND
states l2.2l, and the Pacific states. in
'ludin% Hawaii. ll02.
Exports Exceed Imports.
According to tho report on ,.r
"lsn commerce in merchandise during
ne past Year aggregated S4G1SSt2.
Z So lh' exports amounting To S34t,
~ IN" imports To $lSI..9IS 2S:.
or loss by H652,NoS."l5 than The volume
OF exports. Foreign trade fo. the year
exceeded the volume in 1872 lv <4"l
! -'"'uio la addition To Tho Trad. i'm
, merchandise, gold was exported 10 mo
amount OF 317.76..62.. on NS.56s..a7 /,
excess OF The imports. Silver exports
amounted 70 $7I,6!i.SI1, or &3o.345. ~,
III excess al the imports
mus 'he exports Of gold and silver
eomblhcd exceeded the Imports Of
these metals Tor the wear Nv SaS.-
9l4,392
Hanks Oh Increase.
Us The commerce OF the country in
creasc9, so does the number, Of banl,s
upon which most Of the commercial
transactions are dependent, ana the
ier"rt shows that during the past wear
- new banks OF all kinds. win a
. combined ant hn,iy,.a ....,.i,,l