The Washington times., 1924-08-16
DEPOSITS
SHOW BIC
GAIN
HaIf.BiIIion Rise Shown In
Resources, Reports To
Comptroller Show

A summary of the returns from
reporting national banks, June 30,
1924, issued today by Comptroller
Of the Currency Dawes, shows
total resources amounting to $22,-
565, 900, an increase over the
amount March 81. 1924. Of $685..
OBJ, 900. and an increase since
June 80. 1923. of $1,o54,163.OOO.
Between the dates, of the last
two reports Of conditions. loans and
discounts were increased $26,441,.
900, or to $11 1913, 728, 900, and show
an increase since June 80, 1923.
Of $161 ,O57,000.
Investments in United States
Government securities were reduc-
ed between March 81 and June so,
1924, from $2,494,313,000 to g..
4S1, 778, 900, showing a reduction in
the year Of $212.068, 900, and other
miscellaneous bonds and securities,
ETC., amounting to $3.50, $50, 900
show an increase since March 81,
1924, of $148,91S, 900, and an in.
crease in the year Of 1884, 693, 900,
or a net increase in investments
in Government and other securities
since June 80, 1928, of $72,625, 900.
Balances Due Increase.
Balances due from corporate
banks and bankers, including law.
full reserve with Federal Reserve
banks to the amount of $1,1SS,6T0,-
600. amounted to 5000. 100000 and
were $27s,53O,00 greater than on
March 81, 1924, and 295,472.0OO in
excess of the amount June 80, 1923.
Cash in vault amounted to $685.
$4,000, an increase Of $2,25O, 900
since an increase in the year of
$54,111, 900.
Capital stock of $1,34,011 900
shows "a reduction between the
dates of the last two reports of
1851, 900, but an increase in the
year Of $5,120.000. Surplus and un.
divided profits amounting to 1852.
1000 show an increase since
March 81, 1924. Of 1886, 900 and an
increase since June 80, 1923, Of $685.
418,000.
The liability for circulating notes
outstanding was $729, $3.50, 900, and
shows an increase between the dates
OF the last two reports of $3,2O3, 900
and an increase in the year of
$9,685, 900.
Balances due to other banks and
bankers. including certified checks
and cashiers checks outstanding.
aggregated $3.371, 1896, 900, compared
with $3,014, 500, 900 March 81. 1924
and $2,662, 1885,, 900 June 80, 1928. De.
mand deposits, including United
states deposits, amounting to So.
7l6,66S,O00, show an increase since
March 81 of $241, AL 900 and are
$2S6, 135, 900 greater than a wear ago
Time Deposits Increase.
Time deposits, including postal
savings, also show an increase
since March 81 to the extent of
15O,96S,000. The amount June 40
was $5,259,9SS.oOO, compared with
A'755,162,0O0 June 80, 1928. Total
deposit liabilities show an increase
since March 81 of $74s, 141 900. ana
$4,000. V7'
BY reason of the volume Of the
increase in total deposits, and the
slight increase in loans and dis.
counts, the liabilities Of these banks
for borrowed money {bills PAYABLE
and rediscounts) were curtailed
S169,9O8,O0O between March 81 and
June 80, and the amount on fine
latter date. $S40.625, 900. shows a
reduction since June 80, 1928, Of
$38S, 097, 900.
The percentage Of bills payable
with Federal reserve banks to total
bills payable June 80 was 56.14.
compared with 1879 March 81 and
1885 June 80, 1928. The percent.
age Of rediScounts with Federal
reserve banks to total rediscounts
was 1887, compared with 1924
March 81 and S1.90 a year ago.
The percentage Of loans and dis.
counts to total deposits was 65.29.
compared with 67.91 March 81 and
69.93 June 80, 1928.