The Greeneville daily sun. (Greeneville, Tenn.) 1918-1920, 1919-11-15
Resources of
National Banks
s21,615,OOO,O

WAOn1NG 1ON, NOV. lD'--AsSels
of the national banks alone of the
United States now are greater than
the combined resources of all banks
and trust companies in the United
States as late as April, 1909, accord
ing to a statement issued from the
office of John Shelton Williams,
Comptroller of the Currency.
National bank resources are $780,
100000 more than ever before re-
ported, he states, the increase since
August, 1918, the greatest ever shown
in any year, being $3,500,0O0,O00.
The proportion of loans to depositors
is 66.45 per cent, against 68.37 per
cent on the same call on August 81,
1918. The statement continues:
"The resources of our national
banks at the time of the last call ex-
ceeded by 20,O00,O0O the total re-
sources of all the banks of the coun-
try, including national banks, state
banks, trust companies, savings banks
and reporting private banks, as late
as April %, 1909
Resources Total $2l, ,61 s, 200, 900.
"The returns just compiled show
that on September IL, 1919, the re-
sources of the national banks amount
ed to $21, 100000. This is an
increase of SS15 100000 over the call
of June 80, 1919, and an increase of
$3,751 100000, as compared with Au-
gust, 81, 1918. This increase is the
greatest ever shown in any one year
since the Inauguration of the national
banking system.
"The resources of the national
banks have shown greater growth
in the past six years s;nce August,
1918, than was shown In the entire
forty-nine preceding years since the
civil war.
"Total deposits on September II,
1919, were $16.6S1 100000, an in
crease of $756,0O0,0O0 over June 80.
1919, and an increase of s2,795, ,00O,-
600 over August 81, 1918.
Loans and discounts (exclusive of
rediscountsl on September -, 1919,
were reported at $11,085, 200, 900, an
increase over June 80, 1919, of $780,
100000, and an increase over August
81. 1918, of 81 ,591 100000.
"Cash on hand and due from fed
eral reserve banks (including lawful
reserve and items in process of col
lection) on September II, 1919,
amounted to $2.044,413,000, the
largest ever reported, exceeding by
S123,574,O00 the figures of June 80,
1919, and by $372,5S0,000 the
amount of cash on hand and due from
federal reserve banks August 81
1918.
United States Government secur-
tiles held amounted, ceptember II
1919, to 1926, 100000, an increase
of S124,000,000 over June 80, 1919
ard an increase as compared with
August 81, 1918, Of $S41,000,0O0.
"On September II, 1919, the ma
tional banks had on deposit with state
banks, trust companies and other
bankers a total of $4S9 100000, anc
the amount which state banks, trust
companies and bankers were carrying
on deposit with the national banks
on the same date was $1,845, 600 600
"The increase in deposits as com
pared with the June 30, 1919, cal
has been very general throughout the
country. The states whose country
banks have shown m increase in de
rosits of S10,000,0OO or more were
New York, $36,000,0oo; Texas, $92,
600 900: California, $31 900 900; Hi
nois. $29. 900, 900; Massachusetts, ant
Pennsylvania, $25,OO0,OoO each; New
Jersey, S24.000,O00; Ohio, $4,000.
600: Oklahoma. $18,O00,000; Nortl
Carolina, 100000; Indiana, $14,
100000; Colorado and Idaho, $40,
100000 each. The only states show
ing decrease were Connecticut. Flor
ida, Mississippi, Nevada and Arizona
the aggregate reduction in the fiv
states being less than 100000.
among the reserve and central re
serve cities the net increase in depos
its reported was S3lO,000,000 an
well distributed nineteen cities sho'
reduction and forty-eight cities a
increase.) The cities showing an in
crease of $10,0O0,OO0 or more were
Chicago, $65,OOO, 900; San Francisc
and Kansas City, s55,OOO,OO0 each