The Alaska citizen., 1917-07-09
STATISTICS OF
 NATIONAL BANKS

..'" 't .''i Halioldl Dduh0 dN Ol the date ol the last call May l. 1917
 Total deposits on May I. N17, amounted 10 I&,O75 million dollars the greatest ever before shown. ex- ce"dins by Ills million dollars the deposits of March ,, 19l7 and ex- ceeding by L9ti million dollars. the deposits of May l. 1916.
 The total resources Were 16,144 million dollars, an increase since March ,, 1917 of 165 million dollars md an increase since May I. 1916. of 1918 million dollars.
 Loans and discounts amounted to S,751 million dollars. an increase since March }, 1917, of 3S million dollars and since May |, 1916. of 1,145 million dollars.
 Specie and legal tenders on hand plus balances in federal reserve banks amounted to 1925 million dollars, a decrease as compared with March ,. 1917. of 39 million dollars and an increase since May 1, 1916, of 32o million dollars.
 [. $. government bonds owned. 76S million dollars, an increase Of 5 million dollars since March ,, 1917, and of 29 million dollars since May l, 1916. due to purchase of treasury certificates of indebtedness.
 Other bonds and securities were reported at 1857 million dollars, an increase since March ,. 1917. of S7 million dollars and an increase since May l. 1916, of 33l million dollars.
 Amount due from banks other than federal reserve banks was 1858 mil lion dollars, decrease as compared with March ,, l9lI of IFS million dollars and an increase as compared with May l, 1916, of IF million dollars.
 Bills payable and redtscoGuts, 92 million dollars, an increase since March ,, 1917, of 22 million dollars and since May l 1916, of 26 million dollars.
 Amount due to banks and bank CTS was 3,379 million dollars, re duction since March ,. 1917, of 304 million dollars, but an increase since May 1. 1916, of 3S3 million dollars.
 The total reserve held May 1, 1917, was 2,473 million dollars, a reduc- ton as compared with March ,, 1917, of l6S million dollars, but an in crease as compared with May l, 1916, of 313 million dollars. The surplus reserve over and above the amount required, on May l, 1917, was 974 million dollars, reduction as com pared with March 5, 1917, of l35 million dollars but an increase as compared with May 1, 1916, of lo5 million dollars.
 The percentage of reserve to de- posits May 1, 1917, was 2405, as compared with 251S March ,, 1917, and 2460 May 1 1916.
 On May l, 1917, the central re serve cities held 2047 reserve against d required reserve of IS per cent, other reserve cities held 22.S4 against required reserve of l5 per cent, while country banks held 27.29, the amount required with them being only 12 per cent The percentage Of reserve held by country banks on March 5. 1917, was 28.36, central reserve cities 2l31 and other re serve cities 24.48,
 The total amount of reserve re quired to be held May l, 1917, was 1,499 million dollars and on the date named the banks of the country held in their own vaults, 763 mil lion dollars and with the federal reserve banks 762 million dollars, making total of 1895 million dol lars,i being 26 million dollars more than the total amount of reserve re uuired to be held, including balances with reserve agents.
 Therefore it is seen that the total amount of balances carried with re serve agents 94S million dollars, to- gether th 26 million dollars of eX- cess reserve with the federal re- serve banks and in vault, all repre- sented surplus or excess reserve. The banks have thus already accom- mcdated themselves to the time when the balances carried in national banks in central reserve und reserve cities can no longer be counted IS reserve, holding as they now do the entire required reserve in their own vaults and i'll the federal reserve banks.
 Charters Applied For.