South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-04-03
TWELVE CITIES
NAMED RESERVE
BANK CENTERS
Organization Committee Com
pIeteS Work and Divides the
Country Into as Many Sec
tons as Bill Allows.

i
ed the following II cities as those in
which federal reserve banks shall be
located:
Boston. New York. Philadelphia,
Cleveland. Richmond Atlanta, Chi
cago, St. Louis. Minneapolis, Kansas
City. Dallas and san Francisco.
The order OF the districts. showing
the scope OF jurisdiction and the re-
serve center, is here given:
District NO. /, Maine. New Hamp-
shire, Vermont, Massac husetts, Rhode
Island and Connecticut. with the city
OF Boston as the location of the fed
eral reserve bank. The district con-
tains 446 national banks which have
accepted the provision OF the federal
reserve act. The capital stock of the
federal reserve bank Of Boston on the
basis of six percent of the total capt
tai stock and surplus of the asserting
national banks in the district will
amount 10 1921, 74O.
District No. 2-The state OF New
York. with New York city having the
federal reserve bank. There are AIS
national banks i'm this district which
have accepted. The capital stock of
the reserve bank Of New York will
amount to $2O,621,6O6; and if thee
nc duutu SIX percent OF the capital
stock and surplus Of the state banks
and trust companies which have ap-
piled for membership up TO April 1,
the total stock will be $2O,6S7.616.
District No. 3-The states of New
Jersey and Delaware and the eastern
part Of Pennsylvania with the city of
Philadelphia as the banking center.
Eight hundred national banks are
contained in this district and the
Philadelphia reserve bank will have
capital stock of S12,9S0.412.
CLEVELAND NAMED.
District No. 4-The states of Ohio.
parts of western Pennsylvania, West
Virginia and the eastern part of Ken
lucky, with the city of Cleveland as
the banking center. There are 724
national banks in this district. max
ing the capital stock of the Cleveland
reserve bank total s11.52S,S35.
District No. 5-The District Of Co
lumbia and the states Of MARYLAND
Virginia, North and South Carolina
and all of western Virginia. except
the counties of Marshall Ohio.
Brooke and Hancock Richmond.
Va has been made the banking CEN
ter. The AS national banks i'm this
district will place the capital stock of
the Richmond federal reserve bank
at S6,303,S6S.
District No. alabama. Georgia.
Southern Mississippi and part of
southern Tennessee, southwestern
Louisiana. with the CITY of Atlanta
Ca, as the banking center The CAPT
tai stock of the Atlanta reserve bank
VIII amount TO $4.641,415 on the basis
or SIX per cent of the 1913 asserting
, national banks in the district.
South Bend District.
District No. THE state of Iowa.
all that part of Wisconsin located
south of the northern boundary of the
following countless Vernon. Sank.
Columbia, Dodge, Washington and
Osaukee; all OF the southern PENN
sula of Michigan. viz: That part east
of Lake Michigan: all that part of
Illinois located north of a line form
ing the southern boundary of the fol-
lowing counties: Hancock. SCHUYLER.
Cass, SangamOn. Christian. Shelby.
Cumberland and Clark: and all that
part of Indiana, north Of a line form
Ing the southern boundary of the fol-
lowing countless: NigO, Clay. owen.
Monroe, Brown. Bartholomew. Jen-
nings. Ripley and Ohio. with the fed
eral reserve bank located in the city
of Chicago.
This district contains 9S4 national
banks which have accepted the provi-
Sions of the federal reserve act. The
. bank of Chicago, on the basis Of six
per cent of the total capital stock and
surplus of the asserting national
banks in the district, viii amount to
S12.664,1e0; and if there be added
six per cent of the capital stock and
surplus of the state banks and trust
companies which have applied for
membership up to April l, 1914. the
I total capital stock will be $13.151.925.
District No. S-Arkansas. eastern
Missouri southern Illinois, southern
Indiana, Kentucky. western Tonnes
see and northern Mississippi. with the
city of st. Louis. No. as the federal
reserve center This district contains
. 43f national banks The capital stock
OF the federal reserve bank of st
Louis will be $4,S43,O79
District No. 9-Montana. North Da
kota, South Dakota, Minnesota. north
eTn Wisconsin. northern Michigan
having as the banking center the city
/ of Minneapolis MINI. In this district
there are 6S7 national banks. the cap
/ ital stock of the federal reserve bank
\ of Minneapolis To amount TO 81
I 7O2,S64.
Five Million Capital.
District No. 10.-Nebraska. Kansas
+ Colorado. Wyoming, western Missouri
northern oklahoma. northern New
Mexico. with Kansas City. Mo. as the
.
banks i'm this district will give the fed
+ eraI reserve bank OF Kansas City 8
total capital of S5.5S3,955.
District No. 11-Texas, southern
New Mexico. southern oklahoma
fWS0tern Louisiana. and northern Ari
rZon3t with the city of Dallas. Tex. "A
the location of the federal reserve
. bank There are 726 national bank
I'm this district. which will place tn,
capital stock OF the Dallas reserve
bank at $5.52O.1S7.
District No. 12-California, Wash
ingtoD. Oregon. Idaho. Nevada. Utai
and southern Arizona. with the cit,
OF san Francisco as the banking cen
ter This district has 514 nationa
banks which will place the capita
stock OF the san Francisco reserv'
bank at $7.S25, 405.
Clears CompleNion-RemO skin
-.