Albuquerque morning journal., 1916-12-28
Western State Institutions Lead
All Others With Showing of
Fifty per Cent Gain in
Short Period,
GAIN OF OVER TWO
TO ONE IN TEN YEARS
ShowingS Aggregate S15r-
$4,000, or About a Billion
More Than Government
Banks of Europe and Japan,
rsr noqnrso JOURNAL SPECIAL LEASED w'Ttl

Washington, Dec. 27.-ResOurces OF
national banks of the United States
ComptrolIer Williams announced to-
night. have increased more than $h-
0OO. 600 600 during the last two years
and now aggregate $l5,520,OOO,OOO,
ovceeding by about $1,000, 100000 the
total resources of the Bank Of Eng
land. the Bank of France, the Bank
of Russia, the German Reischsbank,
the Bank Of Italy, the Bank OF Spalh'
the Bank of the Netherlands, the BANK
Of Denmark, the Swiss National
Bank and the Imperial Bank of ia
pan, combined.
In a statement based upon returns
from the last bank call, November
II, the comptroller calls attention 10
the fact that the increase has been
at the rate of approximately Is per
cent a year during the past two Years
as compared with 8 per cent "a year
for the ton-year period from 1904 TO
1914. and that the total resources are
at present more than double what
they were ten years ago.
Beyond All Precedent
The compilation just completed oI
returns for the last bank call the
comptrolers statement reads, 'olS-
closes a condition of strength, prog
ress and growth beyond all precedent
Resources of national banks ON the
date of the last call are greater thah
the total resources Of all reporting
state banks, savings 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 AT
this time exceeded by $32LOOO,Ooo
the total resources Of all the report
ing banking institutions in the United
states including state banks, savings
banks and loan and trust companies
and national banks as we'll as late
as the year 1904
Western Increase Biggest,
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. Geograph-
ically, the Increase was as follows
New England, p per cent; eastern
states. 80 per cent; southern states,
32 per cent middle western states, 3
per cent; western states, so per cent
Pacific states, SO per cent.
In this period the statement
says, "the New England and eastern
states increased a total of $2,005, 900
OOO while the south and west, mclud-
ing the far west, increased $2022,-
OOO 900
What Last Two Calls Show
Between September II and No
vember II Oast two bank call datca)
resources Of the national banks Of
New England and eastern states in
creased $444,0OO,O0O. The increase in
Inc same T0Tf0d was ---'-------U U-----s--'
The percentage of increase in the New
England states was 3.36; eastern
states, 6.84; southern states, 1898;
middle western states 5.71; western
states, 11,76 and Pacific states, 7SI
The average increase over the whole
country was 7.69 per cent"
The principal changes between Sep
tcmber II and November 7 show an
increase of $1,1O9,OO0,OO in re-
sources; an increasO of $1126,OO0, 900
in deposits, bringing the total deposits
Of national banks up to $12.4SS.0OO.-
600; an increase of Sass, 5,00G. 900 in
loans and discounts. and an increase
OF S237OOO,O0O in reserves. bringing