The Bridgeport evening farmer., 1916-07-22
Gain Under Four Years of 2 NDemocratic Rule Shows Nation Wide Prosperity Average Is Near 39 Per Cent. Reports From T. 587 Reserve Institutions Show All Sections Share AiuMelfare. ..........

z, Cross bank deposits of the 7,578 Federal member banks of the United < States, as reported to the Comptroller of the Currency, in the call of May 1, f1s1e. reached the record total. of $11.- l1sb,s22.ooo.
 {. On the corresponding date four years ago, April IS, 1912, the national ank deposits of the United States were fI I$s,015%13,000.H s
 ! 'S g The 5Adhr-year increase amounts to 1 $s. .403, ,446,O00.
 This is approximately gain of s9 per cent. !. It is far beyond the average four year gain in the history of American banking. is Reaches All Sections. N ' The significant and highly satisfac- Jtory phase of this analysis is the na- N tion-wide character of the deposit de- !velopments Y It proves that our pros Iperity is not dependent upon: war ex- orfs, but reaches every geographic di- vision and every industrial interest North and South, East and West. z, It is natural for example. that the l' manufacturing industries of New Eng and. whose exports to Europe have ex- banded during the war, should swell New England bank deposits to the ex- tent of 31 per cent. That does not explain, however. why the deposits of the Western States-ip- ii cluding the. Dakotas, Nezraska, Kan sas, Montana. Wyoming, Colorado New Mexico and Oklahoma - have made the still greater deposit growth of 42 per cent. & s
 Growth in New England.
 The six New England States, which ,l1ave-Boston as their Federal Reserve center, show A four-year >deposii growth of $1s1,s5S.O00.
 The nine Mississipp States which pass their reserves through the regional banks of Min. ,neapolisT and Kansas City show a four. year deposit growth of'$212.219,000.
 The Eastern States of New York Fennsyiyania, New Jersey, Delaware Nryland and the District of Cofum. !bS S-whfch contain the two large Fed jefal Reserve centers of New York ant !Philadelphia, the large banking cen tiers Of Baltimore and Washington, ani ;the Government Treasury and sub .Treasuries-natural exhibit the larg eat volume and percentage of gain iI banking operations. The four veal gain in the Eastern district is $1.713, ,794,000, of, 52 per cent. This splen diE banking growth of the EasterI a&&tion answers the fears of thoss E2Atern bankers who feared that tn, division of the Federal Reserve system < into i2 districts would injure the finan cial progress of New York and Phila idelptia.
 South Suffers From War. The South has distinctly suffered a | result of the European war becaus' .iof the heavy reduction in both volume and price of export cotton. Never, B 's sapthsrR M 7a, ststss E show Ooa or 27 per cent. e
 The eight Middle West States o Ohio. Indiana. Illinois, Michigan, Wis ,consin. Minnesota, Iowa and Missouri / exhibit four-year deposit growth o SeA8, ,403,000, or approximately 30 pc cent
 Even the eight Pacific States, who's commercial activities have been handi capped by the European war througl . the tFansfer.cf of Pacific commerce to tn
 Athnffc show normal and healthy de posit gains aggregating $124.462,000 or over 21 per cent.
 With the close of the European wa and tn. return of activity to the Cot ton South and the Pacific West an grea r ns tic nal energies~ devoted t 1Eterna. development, the bank depos it's Of tie United States-under tn new Federal Reserve system and tn rural credits and agricultural exten .ion ects-are likely to show evel stronger and more general develop meat.