The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-13
u. S. BANK RESERVES
SET A WORLD MARK
Exceed by $4,000, 600, 900 Re.
sources Of Seven Powers
state Institutions.
BIG GROWTH THIS YEAR

WASHINGTON. April i2.-The financial
supremacy Of the United States over
the nations Of the Old World Ia indicated
in a statement issued to-day by CONN.
troller Of the Currency Williams. en-.
bodying figures from the most recen,
national bank reports.
The Comptroller says that the agsre.
gate resources of the country's n%atlona,
banks Is $4,000. 900. 900 In excess ~ the
total resources Of the Bank OF England.
the Bank Of France. the German Reichs
bank. the Bank Of Russia. the Bank o.
the Netherlands. the Swiss Nat'onal
Bank and the Il ~ Of Japan This Is
due. the Comptroller notes. to An increase
Of banking resources in the past twelva
months. which was greater than the
entire resources OF the German Reichs-
bank.
The Comptroller's figures are based on
the condition OF the banks March I
Here IL his statement In part:
The total resources of tho national,
banks OF the United States on March 7,
1916, amounted to S13.S3S,000 900. ex-
ceeding by 1870, 900. 900 the greatest 70.
uINt tNSt hVNh III NV hiNA's VI
the national banking system, and ex-
cseding by $22,2Il.000 the resources
of the banks as shown in the March I
statement a year ago. The increase in
loans and discounts of our na'ionai
banks March Z, 1916, was $4,000, 600
AS compared with December II. 1915.
and $500. 900 900 as compared with
March 4 a year x
1.-THE total deposits on March :. 1915.
q -nn mn nnn un ta
| crease since December 81. 1915. Of sIil,-
600. 900. and an increase Of s2.I?S. 0oo.-
| 600 compared with March 4 a year ago
"Of the $4Il 600, 900 increase IN de-
, posts since December ii, 1919, $780,
OOO, 900 were from banks and bankers.
and $4,000. 900 were reported az time
! deposits. while demand deposits for this
period showed a decrease of $2.OoO.0oo
or the s2.19s.O0 900 increase in total
, deposits since March 4. 1915. however
| the principal increase was In demand de.
posts. whioh increased s1.o72. 0 o,0oo. an
! increase in time deposits OF S2o6, 600 600
! and an Increase In the alances due 70
banks and bankers of $500. 900. 900.
Bills payable and rediscounu
amounted March =. 1916. to only $751;
CSC. 900. a decrease since December 81.
1915. OF 336.46O. 900. and a reduction
compared with March a year ago Of
1913, 10 200.
Specie holdings amounted on March
.. 1915, to S7OS.1S0.O 900. AN increase
since December 81. 1915, of $ls,0lNOo0
and an increase as compared with March
4. 1915. OF s116.a2s, 600.
"The circulation OF national banks
March Z. 1916, was $685. 600 600, a de
crease OF $l7. 1000 900 since December 81.
1915. and a reduction of Sj0.o00,ooo
since March 4. 1915. but this reduction
OF $50. 900. 900 since lar 4. 1915, IN
cluded $4,000 900 of emergency cur
rency retired subsequent to the later
date.
"On March :. 1916. there were 7a5,s
national banks with a capital OF 81
O61.2S9. 00o. as compared with 7,5a9 Ia.
tional banks on March I. 1915. with a
capital of 81, o66.5ss.O0 an increase FOR
the year Of 100000
THE surplus and undivided profits 81
national banks March 7, 1915, amounted
to 81, O3l.27S,0Oo. an increase as com
pared with the previous year OF 3ls?sS.-
uOO"