The Washington herald., 1920-01-29
NATIONAL BANKS

and Eastern States. comprising
per cent of the territory Of the |
continental United States. held |
about 60 per cent. or to be exact
5S.S7 per cent Of the total re-
sources of all the national banks
of the country. Since that time !
the resources Of the national banks /
in the New England and Eastern |
States have increased s7,710.937.000 |
or 277 per cent. but the proportion !
of the national bank resources In !
those States to the resources of all
the national banks Is now 46.7s per |
cent of the total instead of 50 per
cent.
Big Growth In the Middle West.
In September. 1899. the percent
age of the total resources of all
national banks which were held by
the national banks in the Middle
Western States was 1854 per cent.
Since then the resources of these
banks have increased s4.333.3se.ooo
or 363 per cent The proportion of
their resources to the resources of
all the national banks is now
2i.62 per cent.
Huge Increase In the South.
In 1899 the total resources of all
the national banks in fourteen
Southern States, including Okla
hopa, were $34S.554.000. or 7.50 per
cent of the total resources of all
the national banks. Since that
time the resources of the national
banks in these States have in
creased $3.O97.707.00O. or $50 per
cent. and the proportion of the re-
sources of all the national banks
now held in these Southern States
Is 1875 percent. against. as above
shawn
aso-the proportion having more
than doubled.
Western States Gain 500 Per Cent.
In 1899 the national banks of
eight Western States, including the
Dskotas. Nebraska. Kansas. Mon
tana. Wyoming. Colorado and New
Mexico, had resources of S204.733.
01V. Since that time the resources
Cf the national banks in those
States have increased tl.O25, ,66s, 900,
or 500 per cent. Twenty years ago
these banks held 40 per cent of
The total resources of all banks.
The percentage today in the same
States is 5.4S per cent of the whole.
Great Strides en- Pacific Coast.
The resources of the national
banks in the Pacific States. includ-
Tag California. Washington. Oregon.
Siaska. in September. 1899. amount
cd to si2O.905.9O Since then the
iIcreasc in resources in these
States has been 20,l77,O 900. or
Lilo per cent. The proportion OF
the total resources of all national
banks which the national banks in
tIc Pacific States held in 1899 WAS
$50 per cent. Today these banks
mold 4-s6 per cent of the total re-
. sources Of all the national banks
Cf the country.
IN every State in the Union save
one the increase in resources of the
national banks since 1899 has
sni"Gnted to more than 100 per
cent-thc exception being the
state of Rhode Island, where the
Increase was only 21.93 per cent
but although the resources of the
national banks in Rhode Island ac-
Iually declined Is per cent between
1899 and 1918. they have in the
~ix years since 1915. when the Fed
erai reserve law was passed, in
creased Al per cent.
Leaders in Percentage Gains.
i'he States whose national banks
have SHOWN an increase since 1899
Of 1000 reT cent or more are, in
t"r "-7i-r given: Oklahoma, 6,5S7
'" ,.Et - $JJ1.12s 900: Nevada,
~. rCr ccat or s17.4.3.OO0: Ar
-. LOO per cent or s79,I16.-'
. -; Idaho. 1891 per cent or S79.-
'N6.r"": California. l.CS5 per cent
"r Sl."oO.@Ii.UO9: South Carolina.
$i5 per cent or $1S9.359. 900 = North
'JrOliGra. I.2JJ per cent or SILL
10000; SoTth Dakota. 1.25O per
cent or S3S,G@7."p0: Wyoming. l.
:SI per cent or tJ5.S7i.g00: South
Dakota. I.2Si per cent or s1O3,T3s.-
"hh; Virginia. liz per cent or
S$95.J51 1900: Florida. 1.17i per cent
"r Sl0.-1Gi.@D9: Mississippi, LIES
yer cent or sj6.O1S.OOO: Georgia, l.
119 per cent o. SI96.953. 900: Ari-
zons. I.a2S per cent or s29 cot. 900;
and Texas. 1913 per cent or $780,
6li,oo0.
Largest Actual increases.
The twelve States whose national
banks have shown the greatest ac-
tuIl increase. in dollars. in re-
sources in the same period have
been: New York. s4.35S.jS3.0oO or
500 per cent; Pennsylvania. Sl,Si2.-
$4,000 or sos per cent: Illinois
$I.2I7.1l5.OOO or 351 per cent; cali
rornia, $1,000. .2i4,OOO or 1856 per
cent; Texas. sSs9.611.000 or I,O1S|
per cent: Ohio. s743.O2S,OOO or 274
per cent; Missouri. s5S7,41S.OOO or
so per cent: Minnesota. s56S,II5.-
400 or 73I per cent; Massachusetts,
SJl|.o3O.o@O or l05 per cent: New
Jersey. S423.T3s. 900 or $50 per cent:
Virginia. 50 s. 1000 or LII per
cent: and Oklahoma, 1857. .722,OOO or
6.537 per cent.
Remarkable Comparisons.
The resources of the national
hanks in the states of Texas and
Oklahoma are nearly as great as
the total resources of all the ma
uonal banks in the New England
and Eastern States. except New
York state, as they stood twenty
years ago.
The resources today of the ma
tional banks in California and
washington exceed by sl36,OOo, 900
the resoarces of the Middle West
SFn states OF Ohio. Indiana, Hill
hols' Aichigan, Wisconsin, Mime
sofa, Iowa and Missouri in 1899.
The national banks Of Massa-
cnusettS alone hold today re-
sources equal to nearly one-fourth
OF the resources of all the national
banks in the United States in
1879 ana the assets of the national
banks In Illinois at this time
amount 10 more than one third of
the total resources of all the ma
tIonal banks OF the country
twenty years ago.
The national banks in Virginia
TeNas and oklahoma have TO-DAY
greater assets than the combined
resources or all the national banks
in the States of New York. iii.
MI "s.Tf