The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-25
,179,OS4,6S2 IN
NY. SAYINGS BANKS
Deposits in Year Ending July
1 Show an Increase Of
$187,814,288.
S76,s2S,8s7 IN DIVIDENDS
Reports to State Superintend-
ent Show Remarkable Growth
of Institutions.

ALRANr, Aug. 24.-rt Is stated by
George I. Skinner, Superintendent of
Ranks. that the tabulation of the semi
annual reports OF the 1i1 savings banks
of New York State as OF June 80, has
been finished thus completing the tabu-
lation of the statements of the State
banking institutions which reported as
Of that date. These reports show that
the savings banks have had their full
share in the remarkable growth Of the
State banking institutions in the last
year.
The reports show that the total de-
posits with the savings banks of the
State on July 1. 1919, were $2,17e.o34.-
$50. gain since July l, last year, OF
$lS7,314,233. The increase since Janu-
airy 1, 1919, notwithstanding the large
amounts said to havo been withdrawn
for transmission abroad, amounted to
S13T02s,+7s, by far the largest gain ever
reported.
The total resources of the savings
banks July I, 1919, amounted to S2,367,-
041,001, an increase in year of $751;
1887. During this period the amount
deposited with the savings banks, not
including dividends credited, amounted
to S653.275,ss2. an increase over the
amount deposited during the previous
year of s2o4,507.6s1.
The amount withdrawn. during this
period was S542,272,0S7, an increase Of
2o.s73.724 over the amount withdrawn
the previous year.
The amount of dividends paid and
credited during the twelve months ended
July l, 1919. was $76,32S,s37, or s3,422,-
sls more than the amount Of dividends
credited in 1918. The total number Of
open accounts July !. 1919, was s,b!s'-
057, a net gain of 132.16s. The number
Of accounts closed during the year was
540,s6s, or 1871 less than the number
closed during the preceding year.
Reports From other Banks.
Reports of the trust companies, State
banks and private bankers subject to
supervision as of the Same date showed
that from February 81, 1919, to June 80,
1919, their resources had increased from
A,4s6, 25s,4o4 to s4,e4e,5s2.s71. or '$463-
| 329.467 and their deposits from $3,465,-
| 3s2,642 to s3.eS1. $50, 29s. II these figures
be combined with corresponding figures
| as shown by the savings bank reports It
| appears that on July 1, 1919. the re-
| sources OF the trust companies, savings
| banks, State banks and private bankers
under supervision had increased from the
dates of their last previous reports from
$6,717,715,332 to $7.s16,622,s72. or $685.
| 907,540, and their deposits from Sb,507,-
3ss.746 to s6.1so.114.sso. or a gain OF
| $652.72i,1s4.
On the figures available January l,
1919, the total resources of the institu-
| lions subject to the supervision OF the
| Superintendent of Banks aggregated $S,-
| ES6,6o7,026. On the figures now availa-
| BILE they amounted on July !. 1919. to
s7516.7s1.s55. an increase OF &s2s,ls4.'
| s29.
According to a statement Just issued
by the Comptroller Of the Currency the
| total resources OF all the national banks
In the United States on July 80, 1919
we're s2O,7se,5 $4,000, and there was In
| Guided in their statements $1.sSs,lbs.o OC
held on deposit to the credit Of state
banks, trust companies and private bank
ers, while they had on deposit with state
banks, trust companies and private bank
ers only s375,300,0o0, and their circusa
tioa amounted to 677,162,0oo. Theil
| total resources show an increase IRON
the amount reported by him as OF No
vember /, 1913, $19,s21,4o4.ooe. OF $s1s'
l46, 900.
Table of Comparisons.
A comparative table of savings banl
statistics as compiled from reports as o
the morning OF July 1. 1919. and July l
1918, follows, 141 savings banks reported
July 1, 1919; 141 July l. 1918:
July l. 1913. July !. 1913.
Total resources So se7 ,cio.ooi. % sale. s7,s@s
Amount due de- m, -,o $40 >
Other liabilities. 6'S's''ls'ss N'1'''"''
-..ls