The sun., 1916-12-28
IS IL BILLIONS BACK
OF NATIONAL BANKS
-.
Resources Increased Four
Billions in Two Years,
Says Comptroller.
GAIN 10 PER CENT. A YEAR
Total Of L. s. Institutions
Away Above All Big For.
rign Banks Combined.
GAIN 10 PER CENT. A YEAR

WASHINGTON. Dec. e7.-Resources Of
r~atioral banks o. the United states,
Comptroller williams announced to-
night. have increased more than $4,000
100000 in the last two years. and now
aggregate si5.s20.0 ZOO. ZOO. exceeding by
about 81 900, 600. 900 the total
Of the Bank Of England. the Bank Of
France. the Bank Of Russia, the German
Reichsbank. the Bank Of italy. the Bank
81 Spain. the Bank OF Netherlands. the
Bank Of Denmark. the Swiss National
Bank and the lmcpria, Bank Of Japan
combined.
In y statement bseed upon returns
from the last bank call. November II,
the Comptroller says that the increase
has been at the rate OF approximately
~ per cent. a year during the last two
years. as compared with 6 PEI cent. y
year for the ten rear period from 1904
to 1914. and that the total are
At present more than double what they
were ten years ago.
The compilation just completed the
Comptrollet's statement reads. ''discloses
. condition of strength, progress and
growth beyond all precedent. Resources
OF national banks on the date OF the
last call are sreater han the total re-
sources OF all reporting State banks, saw.
i.gs banks. private banks and loan and
trust companies throughout the United
States at the time OF the inauguration
OF the Federal reserve system about two
years ago.
Ms jump Siace 1904.
ut Is also noteworthy that the re-
sources OF our national banks ut this
time exceed by 1921. 900. 900 the total
resources Of all the reporting banking in
s'i,utions in the United States. including
State banks. savings banks inc loan
and trust companies and national banks
o. wen as late rs the yea 1s0l."
The greatest percentage OF increase.
the Comptroller says. during the two
year period In which the Federal reserve
system has been In oper alton was In the
Western States. Geographically the in
crease was as follows: New England,
% per cent. Eastern States. 80 per
cent. Southern States. 81 per cent. mid
die Western states. 81 per cent West
ern States. so per cent, Pacific States.
% per cent.
In this period" the statement says,
'the New Ensland and Eastern States
increased a total OF %. 005. 600, 900. while
the South and West. including the far
West, increased S2.022. 900. 900.
Increases by Sections.
Between September ~ and November
II llast two bank call dates) resources
OF the national banks OF New England
ami Eastern States increased S44+.0 00.-
900. Tho increase in resources for the
West and South for the same period was
1861 900. 900. The percentage Of in
crease In the New England states was
a3s Eastern States. 6.s4: Southern
States. 1898: middle Western States.
s'i; Western States, il.7S. and Pacific
States. 1877. The average increase for
the whole country was 7.S9 ger cent"
The principal changes between Sep
TENDER ~ and November II were: An
increase of $l.I09. 600. 900 in resources,
an increase Of 81. 126. 900. 900 in deposits.
BRINGING the total deposits Of national
banks up to SIC. ass, 0e0. 900 an increase
OF Sis5. 000. 900 in loans and discounts
and an increase Of s237. 000. 900 in re-
serves, bringing the total reserves up to
s?.t7?, 900 900. the highest on record by
olS5, 600, 900.