The Nevada County picayune., 1922-09-07
RESOURCES OF BANKS
 EXCEED 20 BILLIONS
Gain of Half Billion Since May
 Comptroller Reports.


 the national banks of the country amounting to S20. 7O6, 100000 on June showed an increase of S529 GOO 000 over the May call and an advance of $1SS,0O0.0OO over June 30. 1921, ac- cording to an analysis of returns for the last bank call issued tonight by Comptroller of the Currency Cris- singer.
 Between May , and June 30. he stated. resources of national banks in each federal reserve district were in- creased with the exception of the banks in the Atlanta district showed a reduction of S3, ,4S9,000, the amount of increase ranging from $S2S000 in the Dallas district to $273. 162,000 in the New York district
 Loans and discounts, including re discounts on June 30. amounted to S11. .24S. 900 900, an increase since May , of S64,000000, but a second reduc- ton since June. 1921. of S756,000. 900. Holdings of United States government securities amounting to $2,2S5000,00 900 on June 30 increased by $266000,000 during the year and by $161 100000 since May ,. 1922 Other securities held aggregated $2,277 100000 on June 30. an increase of $115,000,000 over May !. and of S272. .00O. .00O over a year ago
 . \ tendency to carry less cash in the vaults of the banks was reported, the amount of June 30 standing at $326, GOO. .0O0, which was a decrease of $S.- 100000 since May and a decline of S4S.O .000 since June last year.
 Balances due from banks and bank CTS. including lawful reserve, aggre- gated $4 .256, ,000,0 ,000 on June 90, an in crease of S74OO0,0O0 since May and of S4O4 100000 since June, 1921.
 Capital stock of the banks on June 30 stood at $1,307 ,000, 900, or S10909- ,O00 more than on May and $33 000,- GOO more than in June, 1921.
 Surplus and undivided profits of S1.541 .00O, ,000 on June 30 was $19000,- 900 greater than year ago but showed reduction of S22, 100000 since May. attributed to payment of divi- dends at the close of the six months period.
 National bank circulation outstand- ing on June 30 amounting to $726,- OOo,0OO was reported as the greatest on record, an increase of S5,O00,00O since May and an advance of S22, 2,0o0,- GOO over June year ago.
 The total deposits of national banks on June 30 aggregated $13,3660OO,OO0, an increase since May of S554 4,OO0,O0 and since June a year ago of S1.17S,- OOO. .000
 Liabilities to other banks and bank CTS on June 30 was $2,9530O0,O00, reduction since May of SAT 0O0, 900, but an increase since June 1921. of S465,- 100000
 The amount of bills payable on June 20 was S22S 100000, while rediscounts amounted to $2S0,OOOOO0, the combined reduction of bills payable and redis- counts since May being S26,OO0, 900 and since June a year ago S963 ,0oo,00o
 "A decided reduction, Mir. Crissln-
 
 ger said, 'in the liability of national banks for bills payable, representing all obligations for borrowed money, which took place in the 13 months proceding June 90, 1929, together with similar reduction on account of redis- counted paper is evidence of the fact that our national banks are standing on their own stilts,' so 10 speak. are in strengthened position, and abun' dantly able. and in fact are in bet ter positiOn to take care or the re nuirements of commerce and indus try made upon them than have been at any time since the signing of the armistice.
 The number of reporting banks on June 30, he added, was S'249, which was 90 more than year ago while inc percentage of loans and discounts to total deposits on June 30 was 68,92' compared with 7093 on May and with 73.47 per cent on June 30, 1921. n
 Country editors no longer take ap-