The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-05-19
NATIONAL BANK
RESOURCES
gain
-
Show Big Increase Over
Last Year, But Decline
Since December 81. #
BY HARRY GUSACK.


the resources of national banks on
March 81, as compared with prac.
tically the same period last year,
IS shown in report issued today
1y Comptroller of the Currency
Dawes: However, there is a slight
decrease as compared with the
1928.
A summary Of the returns from
$.116 national banks on March 81
showed total resources of $22 ,062,-
S88,OOO. This compared with $22,-
4O6,128,OO0 on December 81 and
$21,612, 71S, 900 April 8, 1923.
Loans Increase. ~
Loans and discounts of $11,952,-
$4,000, March 81, 1924, show an in
crease since December 81, 1923, of
$75, 900, and an increase of $685.
$4,000 since April 8, 1928.
United States Government Sc
curities amounted to $2,494,313,O 900
March 81; 1924, and show reduc-
ton sipce December 81, 1925 of
$72,53S, 900, and a reduction in the
year of $199,S94, 900, while other
miscellaneous bonds and securities
to the amount of SASH 1887, 900,
were increased $3.50, 900, between
December 81, 1928 and March 81,
1924, and show an increase since
April 3, 1928, Of .$164,722, 900.
balances due from other banks
and bankers, including lawful re.
serve with Federal reserve banks
OF $1,16O,766,O 900, amounted to 49,.
162,26S,OOO, March 81, 1923, show
ing reduction since December 81,
1879, OF $22S,OS2,OO0, and reduc-
ton in the year of $176, 596, 900.
Cash in vault, $342 1853 900 on
March 81, 1924, was $34, $3.50 less
Snan on December 81, 1923, and
SAO,1lS,OOO less than a year ago.
Increase Capital Stock.
The capital stock of national
banks, March 81, 1924, was 81 .335.-
$4,000, showing an increase since
December 81, 1923, of $9,747, 900,
and an increase in the wear of
PIG, 428,O00. Surplus and undivided
profits amounted to 1851 ,268, 900.
March 81, 1924, and show an in
crease between the dates of the last
two calls, of $38, 900, and an in.
crease in the year of $27,4444,OOO.
Liabilities on account Of circula-
ting notes outstanding amounted to
$726, 49,, 900, March 31,1924, showing
an increase of $534,000 since De-
cember 81, 1923, but a reduction
since April 3. 1928, of 1888 900.
Balances due to other banks and
bankers of 1904, sos, 900, March 81,
1924, were 1926, 900 less than on
December 81, 1925 and $S437, 900
greater than a year ago. Demand
deposits, including United States
deposits of $1S3, 900 900, amounted to
$9,475, 127, 900 March 81, 1924, and
show a reduction Of $275 ,S41, 900
since December 81, 1923, but an
increase in the year Of $SO,224, 900.
The increase in time deposits be-
tween December 81, 1923 and
March 81, 1924. was 6O,951 900,
and the amount March 81, 1924,
$e,108,970,000, was $528,754, 900 in
excess Of the amount April 8, 1928.
The reduction in total deposit liabili-
ties between December 81, 1928 and
March 81, 1924, was $3.50, 165, 900,
and the increase in the year was
$662, AIS, 900.
Liabilities Reduced.
Liabilities for borrowed money on
account of bills payable and redis-
counts, amounted to $510,533, 900;
March 81, 1924, showing a reduc-
ton since December 81, 1928, of
$l47.529, 900, and a reduction since
April 3, 1923, of $3.50, O99, 900.
The percentage of loans and in
vestments, to total deposits, March
81, 1924, was 1886, compared with
94.91, December 81, 1928, and 98.OS,
A0ril 1923 -