Arizona republican., 1916-12-28
NATIONAL BANK RESOURCES NOW
 15 BILLIONS
rRepublican A. p. Leased wirel

Republican A. P. Leased Wirel
 WASHINGTON. Dec. 27.-Resources of national banks of the United States Comptroller Williams announced to- night. have increased more than S4, zoo .Oo0. .0O0 during the last two years and now aggregate SI5.52O, 000.00O, eX- ceeding bl4 about s1,000, 100000 the total resources of the Bank of Eng land, the Bank of France, the Bank lf Russia the German ReichSbank the Bank of Italy, the Bank of Spain the Bank of The Netherlands. the Bank of Denmark, the Swiss National Bank, and the Imperial Bank of Japan combined.
 In a statement based upon returns from the last bank call November IT, the comptroller calls attention to the Iact that the increase has been at 1he rate of approximately IS per cent a year during the past TWO years, as compared with six per cent a year for the ten year period from 1904 to 1914. and that the total resources are at present more than double what they were ten years ago.
 The compilation just completed of returns for the last bank call" the cOmptroller's statement reads, dis closes condition of strength, prog. ress and growth beyond all precedent
 
 date of the last call are greater than the total resources of all reporting state banks. saving banks, private banks and loan and trust companies throughout the United States at the time of the inauguration of the fed eral reserve system about two years ago. It is also noteworthy that the resources of our national banks al this time exceeded by $321, 100000, the total resources of all the reporting banking institutions in the United states. including state banks. savings banks and loan and loan and trust companies and national banks as well. IS late IS the year 1904"
 The greatest percentage of increase, the comptroller states, during the two year period in which the federal re serve system has been in operation, was in the western states. Geo graphically, the increase was as fol- lows:
 New England 2 per cent: eastern states g per cent; southern states , per cent; middle western states 31 Der cent; western states 90 per cent; Pacific states 8 per cent.
 Tn this period the statement says, the New England and eastern states increased a total of s2,O05, 900, . 600. while the south and west, in- oluding the far west. increased s2,- O2200O,O 900.
 Between September 12 and No~ vemher IT, Hast two bank call dates). resources of the national banks of New England and eastern states in creased s444 000.000. The increase in resources for the west and south for the same period was s664. 900 o00 The percentage of increase in the New England states was 3.36: eastern states 6-S4; southern states 15.9S; mid de western states 5.71; western states l1.T6 and Pacific states 7.S7. The average increase over the whole co orntry was 7.69 per cent
 The principal changes between September l2 and November IT, show an increase of s1. .109. 900, O00 in re- sources: an increase of s1 1,126. .O00. 900 in deposits. bringing the total de- posits af national banks up to s12.- ASS.0o0. 0.o00' an increase of s4S5, ,O60, ,OO0 in loans and discounts, and an in creass of s227 900 900 in reserves. frin@ing the total reserves held up to S2.472 0O0.0A0 the highest on record by slS5000, ,000