The daily banner. (Cambridge, Md.) 1897-2008, 1920-07-17

other Banks and Bankers which, on
May 4, 1920. amounted TO $3,t59,~
$4,000, a reduction as compared
with February 2S, 1920, of $2O7,-
100000.
Between February %, 1920, and
May 1920, the Reserve and Cen
trail Reserve cities of the country,
outside ofNew York City, showed a
net reduction in Loans and Discounts
of something less than 100000;
80 Reserve and Central Reserve
cities, outside of New York City,
showing a reduction in loans and
discounts and 30 such cities slight
increase. The principal increase in
loans and discounts from February
%, 1920, to May 4, 1920, took
place in the country banks, and
amounted in these banks to $177,-
100000, the country banks in 43
States showing an increase, while in
the State of North Carolina. Missis-
sippi, Louisiana, Nebraska and Idaho
small reductions were reported.
United States Government Securi-
ties held on May 4 1920, footed up
to 50. 375,S01,0 900, being a reduc-
ton as compared with February %,
1920, of $83,623,OO0, and a reduc-
ton as compared with May IL, 1919,
of 81, 656,952,OOO Of the So. $780,
sol 900 United States Government
Securities held May 4, 1920, 7O4
million were old bonds held to Sc
cure circulation, 779 million were
United States Liberty Bonds 258
million were Victory Notes, practic-
ally all the remainder were q. S.
Certificates of Indebtedness.
Liberty Bonds: The total amount
f Liberty Bonds held as collateral by
all National Banks on May 4, 1920.
has been reduced to $677,00O,0O0,
and the total amount of Victory
Notes so held to $228,000,000. The
total amount of United States Certi
ficates of Indebtedness held as collat-
eral by all the National Banks of
the country on May 4, 1920, was re-
ported at something less than $25,
900 600.
The Total Cash On Hand And Due
From Federal Reserve Banks (in
Guiding items with Federal Reserve
Banks in process of collection)
amounted May 4, 1920, to $2,177,-
21S 900, an increase over February
%, 1920, of $76,317,000, and an in
crease as compared with May IL.
1919, of 1881, 372, 600.
The Total Bills Payable And Re
discounts for all National Banks May
4, 1920, was s2,265 600, 200, being
an increace over February %, 1920,
of 200 million dollars, and an in
crease as compared with May II,
1919, of III million dollars.
The Bills Payable of all National
Banks on May 4, 1920. amounted to
1,051, 100000, of which, 52 >. mil
lion dollars were with the Federal
Reserve Banks The total Redis-
counts of all National Banks May 4,
1920, was $1,214 600 600, of which
993 million dollars were with the
Federal Reserve Banks. AS the total
of Bills payable and rediscounts, 49,
265, 100000, inclugded Bills Payable
and Rediscounts made by the small
Ell banks with the larger banks, and
subsequently rediscounted by the
larger banks with the Federal Re-
serve Banks, it should be noted that
the actual amount of Bills Payable
and Rediscounts outstanding is, on
account of some being reported
twice. considerably less than the ag
gregate of the figures given here.
Bonds And Securities, other than
United States Securities, held May 4,
1920, amounted to $1,835 100000, a
reduction since February %, 1920,
of "a million dollars, but an in
crease since May II, 1919, of go
million dollars.
Capital, Surplus And Undivided
Profits May 4. 1920. amounted to ST.
613, $685. 900, an increase over Febru-
airy %, 1920, of $S2,417.0O0 and an
increagse since May II 1919, of
20kA mig lAA