The Bridgeport evening farmer., 1916-12-28
RESOURCES OF
 OUR NATIONAL
 BANKS GROWING

Washington, Dec. 2S-The national banks of the United States have great CT resources than at any previous time in the history of the national banking system, according to report on their condition as of November r, 1916, issued by Controller of the Currency John Skelton Williams. The na- nonal banking resources have increas- ed more than $4,0OO, 100000 in the two years the Federal Reserve system has been in operation.
 These resources, representing but 8 portion of total banking resources of the United States, now. exceed by more than $1,00O, ,o00, 900 the com bined resources of the Bank of Eng land, the Bank of France. the Bank of Russia, the German Reichsbank the Bank of Italy, tho Bank of Spain, the Bank of the Netherlands, the Bank of Denmark. tho Swiss National Bank and the Imperial Bank of Ja- pan, according to the latest reports of these institutions, the Controller said. In addition to those resources of the national banks, the country has the tremendous banking power of the state and savings banks and trust companies.
 On November IT, 1916, total re- sources of American national banks amounted to &15,52O,O00,00O, an in- crease of 35 per cent. in two years The increase alone is as great as the resources of the state banks two years ago.
 "The compilation" says Controller Williams. 'discloses a condition ot strength. of progress and of growth beyond all precedent"
 Controller Williams draws attention especially to the wide dissemination of the American } banking power Whereas national banking strength formerly was congested in the East November 17 reports show that the resources in the Southern, Middle Western, Western and Pacific states amounted to more than the total re- sources of all national banks in the Country as late as 1906. The South ern national banks showed resources on November IT which exceeded the total national banking resources o1 the great Eastern states as late as 1891. when the congestion of wealth in the East was extremely marked.
 The controller shows, however, that the Eastern states have not lost, but that the other sections have gained In the last two years the Eastern states gained 39 per cent; New Eng land states. 22 per cent; southern states, 32 per cent; Middle Western states, 31 per cent; Western states E Do fSa efo per cent.
 Changes in the national banking power between Nov. 1s, 1915, and Nov. IT, 1916, were as follows: Re- sources increased $2,2S4, 900, 900; de posits increased $2,s3z.O0O.0oo loans and discounts increased S1,112.000,' 900: bills payable and rediscounts de. creased $2s.e0o.ooo; reserve increased $3s4.0O0,ooo.
 Charges between Sept. 12, 1916. the date of the last call .and Nov. 17, 1916 are as follows: Resources increased s$1, JOS, ,000. 900; deposits increased $1,' 126,00O, O,O00; loans and discounts in creased $4S5,000,000; bills payable and rediscounts decreased /$18,00O,' 900; reserve increased $237, 100000.
 On Nov. IT, 1916, principal items o1 the condition of national banks were: Total resources $15,52O,000,000; de posits $12,4sS, ,oo0, 900; loans and dis counts, $s,s45,ooo. .ooo; bills payable and rediscounts $74,O00,0o capital stock $1,o71, 900, 900; surplus and un- divided profits, $1,o71,ooo,ooo; specie and legal tenders, $78S,00O,00o; amount due from banks. $2.667,o0O,- 900; reserves, $2,472.00O,0oO.
 The increases for this two-month period. the controller said, were the greatest ever shown between any two conservative bank-calls.