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ANNUAL REPORT OF THE COMPTROLLER OF THE CURRENCY TO THE FIRST SESSION OF THE FIFTY-SECOND CONGRESS THE UNITED STATES. DECEMBER 7, 1891, TWO VOLUMES. VOLUME I. WASHINGTON": GOVERNMENT PIUNTING OFFICE, 1891. TREASURY DEPAKTMKNT. Documeut No. 1481, 3d ed. Comptroller of the Currency, TABLE OF CONTENTS. Report submitted to Congress Operations under the national banking system during the past year Statements of national banks organized during the year States leading in numerical accessions Number and capital of banks organized and closed since establishment of the system Failure of banks and bankers other than national Losses to creditors of national banks, and cost of liquidation Amendments to present law Monetary stringency during past year Clearing-house loan certificates Domestic exchanges ^ Amount of drafts drawn by national banks Domestic exchanges drawn by banks other than national Examinations Certificates of stock Ofiicers and directors as borrowers Bonds of bank officers Closed national banks Resumption of business by closed national banks Comparative statements of the national banks ., Extension of the corporate existence of national banks Circulating notes Decrease of circulation Banks without circulation Security for circulating notes Interest-bearing funded debt of the United States, and amount held by national banks Bonded debt at dates named Market prices of United States bonds Investment value for seven years Bond purchases and redemptions by the Treasury Bond withdrawals by national banks Issue and redemption of circulating notes Additional circulation issued and retired during the year National-bank notes received and destroyed yearly since the establishment of the system Redemption of notes of banks reducing circulation, and of failed and liquidating banks Tax upon circulation, redemption charges, and assessments Amounts collected during the past year Loans in central reserve cities, other reserve cities, and country Failed banks Causes of failure Dividends paid to creditors of failed banks Inactive receiverships Banks in voluntary liquidation Directors « Legal decisions Transactions of the clearing-house associations State, savings, private banks, loan and trust companies Loan and trust companies of the District of Columbia Conclusion I Page. 3 3 4 4 5 6 8 9 9 12 16 17 23 24 29 BO 32 34 35 38 41 43 44 45 46 47 48 49 50 50 51 52 54 55 55 56 56 57 60 61 69 70 70 72 73 74 79 83 88 II TABLE OF CONTEXTS. APPENDIX. Names and compensation of officers and clerks Expenses of the office for the fiscal year Index to digest of decisions of the courts in cases affecting national banks Digest National banks organized, in liquidation, and in operation, with capital, bonds, and circulation October 31,1891 Summary of the state and condition of national banks reporting during the year ended October 2,1891 Comparative statements of the national banks for fourteen years from 1864 Authorized capital stock each month from January 1, 1870, to November 1, 1891, with amount of bonds, circulation, and lawful money deposited for redemption Changes in capital, bonds, and circulation by geographical divisions Additional circulation issued and lawful money deposited to October 31, 1891 National-bank notes outstanding and the amount and kind of United States bonds on deposit.. Increase or decrease of circulation quarterly and for the year ended October 31, 1891 National-bank notes issued, redeemed, and outstanding, by denominations, since the establishment of the system National gold bank notes issued, redeemed, and outstanding National-bank notes issued during the year Minimum amount of bonds required and the amount actually held September 25,1891 National banks with capital of $150,000, under and over, and the increase or decrease of capital during the year Classification of loans and discounts Amounts of coin and coin certificates held in 1888,1889,1890, and 1891 Lawful money reserve Liabilities and required reserve State of the lawful money reserve from 1885 Reserve held and classification by geographical divisions Deposits, circulation, and reserve of national banks in New York City by months Movement of reserve of national banks in New York City for fifteen years Abstract of earnings and dividends, September 1, 1890, to September 1, 1891 Ratios of capital and surplus to earnings and dividends Earnings and dividends for semiannual periods Clearings and balances of banks in New York City National banks in voluntary liquidation under sections 5220 and 5221, Revised Statutes National banks in liquidation succeeded by associations with same or different titles National banks in liquidation for the purpose of reorganization National banks in liquidation under section 7 of the act of July 12,1882 National banks in the hands of receivers Insolvent national banks, assets, collections, disbursements, expenses of receiverships, dividends paid Drafts drawn by national banks in the several reserve cities, year ended June 30,1891 Drafts drawn by national banks outside of reserve cities Drafts drawn by banks in geographical divisions upon reserve cities, etc Population of each State and Territory, with capital, surplus, deposits, etc., of all banks Abstract of reports of condition of State banks, loan and trust companies, savings and private banks Reports of condition of the National Savings Bank, The National Safe Deposit Company, The Washington Loan and Trust Company, and The American Security and Trust Company of the District of Columbia Condition of the Canadian banks Aggregate resources and liabilities of national banks from 1863 to 1891 Summary of the state and condition of national banks on dates of report during past year Gen er al in dex Condition of each national bank at close of business September 25,1891 Page. 89 90 91 93 122 123 124 125 129 134 135 136 137 140 140 141 143-146 147 148 154 156 158 160 170 171 172-179 180 182 184 185 196 197 199 200 208 220 222 226 234 236 250-253 25* 255-276 277-327 329 Vol. I I REPORT THE COMPTROLLER OF THE CURRENCY. DEPARTMENT OF THE TREASURY, OFFICE OF THE COMPTROLLER OF THE CURRENCY, Washington, D. C, December 7,1891. SIR : I have the honor to submit for the consideration of Congress? in compliance with the provisions of section 333 of the Eevised Statutes of the United States, the twenty-ninth annual report of the Comptroller of the Currency. The year covered by this report ended October 31, 1891. During the larger part of this period severe depression was experienced in all sections of the country, and business in its various forms was contracted in volume and unsatisfactory in results. At the opening of the report year the stringency which characterized the money market during the autumn of 1890 was at its height, its most disastrous effects having been felt during the month of November. A period of liquidation then set in which had hardly spent its force when the bountiful harvest of 1891 brought much needed relief. Notwithstanding the unfavorable conditions indicated, 193 new banks were organized during the year, located in 41 States and Territories, and possessing an aggregate capital of $20,700,000. The accessions are numerically in excess of the average and have been exceeded in only seven out of the twenty-nine years during which the system has been in operation. During this twelvemonth 41 banks went into voluntary liquidation and 25 became insolvent, leaving as a net gain for the report year 127 associations, with a capital of $12,553,000, which is, as to number of banks, precisely the net average yearly increase during the life of the system. The number of banks now in operation is greater than at any former period. There has been a satisfactory increase in the totals of capital stock, surplus fund, and undivided profits, and this is also true of deposits, loans and discounts. The number of banks in existence October 31, 1891, was 3,694, having in capital stock $684,755,865; bonds deposited to secure circulation, $152,113,850; banknotes outstanding, $171,368,048, including $35,430,721 representing lawful money deposited to redeem circulation still outstanding. The amount of circulation secured by the pledge of United Stated boads has increased during the year $11,795,101. 4 REPORT OF THE COMPTROLLER OF THE CURRENCY. The following table gives the number of banks organized during the year ended October 31, 1891, in each State and Territory, with their aggregate capital: States and Territories. Texas Pennsylvania .. Washington . . . Illinois Iowa Nebraska New York Kansas Kentucky Maryland Minnesota Montana Wisconsin Missouri Ohio South Dakota . Virginia Florida North Dakota. Massachusetts North Carolina Oregon. No. of banks. Capital. 17 17 11 11 11 10 10 9 G 6 6 6 6 5 5 5 5 4 4 3 3 3 $1,510,000 1, 050, 000 700,000 2, 830, 000 775, 000 910, 000 2,200, 000 760,000 415, 000 1,150,000 300,000 515,000 450,000 1,850,000 650,000 300,000 400, 000 200,000 250,000 350, 000 150,000 350, 000 States and Territories. Tennessee West Virginia Georgia Colorado Louisiana Maine Michigan New Mexico Utah District of Columbia Alabama Arkansas ... Idaho Indiana Indian Territory Mississippi New Hampshire New Jersey Wyoming Total o. of banks. Capital. $450,000 285,000 300, 000 300, 000 100, 000 125,000 150,000 100,000 100, 000 200,000 50,000 50,000 75,000 100,000 50, 000 50,000 50, 000 50, 000 50,000 193 20,700,000 It will be observed that Texas and Pennsylvania still stand at the head of the list, as they have during the past two years, with 17 new associations in each, Texas, however, having the larger capital. Following these come the States of Washington, Illinois, and Iowa with 11 banks each, and Nebraska and New York with 10 each. Kansas jshows 9 new associations and ranks next to N£w York. It will be observed that notwithstanding the fatality attending banking operations in Kansas and Nebraska these States take prominent places in point of new organizations. Of the associations entering the system during the year, 99, or slightly more than one-half in number, are located west of the Mississippi River and 59 in the Southern States. Of the total number of banks in operation Pennsylvania has the greatest number of associations, Massachusetts the greatest aggregate capital, and NewYork leads in amount of deposits. The accessions to the system are widely distributed, both old and new States being prominent in the list. It will be noticed, however, that in proportion to population the increase is greater in the newer States west of the Mississippi Eiver. The following table exhibits the number of banks organized, failed, and in voluntary liquidation, and the net increase numerically each year since 1863: REPORT OF THE COMPTROLLER OF THE CURRENCY. 5 NUMBER AND AUTHORIZED CAPITAL OF BAXKS ORGANIZED AND THE NUMBER AND CAPITAL OF BANKS CLOSED IN EACH YEAR ENDED OCTOBER 31 SINCE THE ESTABLISHMENT OF THE NATIONAL BANKING SYSTEM, WITH THE YEARLY INCREASE OR DECREASE. Closed. Organized. I n voluntary liquidation. Tear. No. 1863 1864 1865 1866 . 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876. 1877 1878 1879 1880 . 1881 1882 1883. 1884. 1885 1886 1887. 1888 1889 1890. 1891 . . Capital. No. 134 $16,378,700 453 79, 366,950 1,014 242, 542.982 62 8, 515,150 10 4, 260, 300 12 1, 210, 000 9 1,500, 000 22 2,736,000 170 19,519, 000 175 18,988,000 68 7,602,700 71 6, 745, 500 107 12,104, 000 36 3,189, 800 29 2,589,000 28 2,775, 000 38 3, 595,000 57 6,374,170 86 9, 651, 050 227 30,038,300 262 28,654,350 191 16,042, 230 145 16,938,000 174 21, 358,000 225 30, 546, 000 132 12,053,000 211 21,240, 000 307 36,250,000 193 20, 700,000 Total 4,648 683,463,182 D e d u c t decrease. Total net increase 3 6 4 12 18 17 14 11 11 21 20 38 32 26 41 33 9 26 78 40 30 85 25 25 34 41 50 41 791 Capital. Insolvent. No. $330,000 650, 000 2,160. 000 2, 445, 500 3, 372, 710 2,550, 000 1,450, 000 2,180, 500 3,524, 700 2,795,000 3. 820,200 2, 565,000 2,539, 500 4,237, 500 3,750, 000 570, 000 1, 920, 000 16,120, 000 7,736,000 3,647,250 17, 856, 590 1,651,100 2, 537,450 4,171,000 4, 316, 000 5, 050,000 4,485,000 108,431,000 i 2 6 4 1 1 Capital. $50,000 500, 000 1,170, 000 410,000 50,000 250, 000 6 1 806 100 111 3 8 M 000 9 10 14 8 3 3 2 11 4 8 8 8 2 9 25 164 250, 000 1, 000, 000 965, 000 3, 344,000 2, 612, 500 1,230,000 700,000 N e t yearly decrease. N e t yearly increase. No. 134 450 1,007 56 7 159 158 36 48 64) Capital. No. $16,378, 700 79, 3^6, 950 242 162 982 7,365,150 930,300 5 340, 200 7 3,294,500 27 4,075,000 3 1, 385,000 5,104,170 7, 731, 050 12, 357, 000 20, 668, 350 11,109,980 30, 620,900 3,762 558,656, 782 14, 245, 500 650,000 1, 550, 000 1,900, 000 250, 000 750,000 3, 662,000 $1, 645, 500 1, 922,710 64,000 18,069,000 15, 001,400 253, 000 R 7on Finn 7. 283. 800 45 60 146 220 150 56 141 192 90 168 248 127 1,561,300 250, 000 1,285, 000 600,000 8 10 9 Capital. 69 *3,693 1,518, 590 19,056, 900 26,458, 550 5, 982,000 16, 674, 000 30,450, 000 12,553, 000 69 14,245, 500 t544,411,282 *One bank restored to solvency, making 3,694 going banks. t The total authorized capital stock on October 31 was $684,755,865; the paid-in capital,$683,248,175, including the capital stock of liquidating and insolvent banks which have not deposited lawful money for the retirement of their circulating notes. The most notable feature of the foregoing table is the large number of associations which have become insolvent during the year. They aggregate 25 banks, with a capital of $3,662,000. The year 1873, however, appears to have been the most disastrous in point of capital, as during that period the failure of 11 banks, with a capital of $3,825,000, is recorded. The next in point of importance was 1877, when ten failures occurred, representing a capital of $3,344,000. If we consider the relative proportions existing between the liabilities of failed and active banks during various periods, it will be found that seven years have been more disastrous than the one just closed, to wit: 1867,1872, 1873. 1877, 1878, 1882, and 1884. The liabilities of banks closed on account of insolvency in each of these seven years constitutes a larger percentage of the total liabilities of all existing banks than is shown by the record of the year covered by this report. Of the 25 failed banks, having an aggregate capital of $3,662,000, 13, representing $1,137,000 of capital, were located in Kansas and Nebraska. The larger part of the failures in these two States were attributable to four successive crop failures, and seem to be the result of unavoidable misfortunes rather than the lack of honest and efficient manage 6 REPORT OF THE COMPTROLLER OF THE CURRENCY. merit. In many cases, however, the unfavorable conditions were greatly aggravated by the collapse of unwise speculation in real estate, more especially in city and suburban property. The Comptroller endeavored by correspondence with various State officers, receivers, and assignees to ascertain the number of failures of banks and bankers other than national during the past twelve months, but was unable to thus secure data upon which reliance could be placed. He has been supplied, however, through the courtesy of a commercial agency,* with a list of failures in the United States of bankers, brokers, trust companies, and savings banks for tha year ended June 30, 1891. These number in all 117 institutions, having liabilities estimated at $38,271,511, and assets valued at $20,794,092. No reliable data in relation to the losses to creditors by reason of the failure of banks other than national for recent years is accessible. In order that a comparison may be made between the comparative safety of national and State systems I am led to quote from the report of Hon, John Jay Knox, then Comptroller of the Currency, for the year 1879, where the subject is discussed. He says: There is no means of definitely determining the amount of losses sustained through the failures of banks operating under systems in vogue during the earlier periods of the history of this country. The losses under those systems, both to the noteholders, to whom there can be no loss under the national system, and to their general creditors and shareholders, are known to have been large. The loss to noteholders alone is estimated to have been 5 per cent annually upon the total amount of circulation outstanding. In Elliot's Funding System, on page 1176, it is stated that fifty-five banks with an aggregate capital of $67,036,265 and circulation of $23,577,752, failed in 1841. The total bank capital of that year is stated by the same authority to have been $317,642,692, and the circulation at $121,665,198; and it is also stated in the same connection that in nearly every instance the entire capital of the banks which failed was lost. Numerous failures of private banking firms have occurred in this country within the last six years, and the losses consequent upon three or four of them are equal to the total losses which have occurred under the national system. For the purpose of comparing the losses to creditors of insolvent national banks with those sustained by the creditors of insolvent banks other than national, much pains have been taken by the Comptroller to obtain as reliable and complete statistics as possible relating to the failures of State and savings banks and private bankers in the different States during the three years ending January 1,1879. The results of his labors in this direction are to be found in the following table: State and city. No. of banks. Maine New Hampshire Massachusetts.. Boston Rhode Island ... Connecticut New York New York City. Pennsylvania... New Orleans Kentucky Ohio Indiana Illinois Michigan Iowa Minnesota Missonri Kansas Nebraska Colorado California Amount paid and to be paid. $5,127,995 $4,370, 524 4,8G4,216 3,622,804 4,436,457 2, 670,158 5, 551,186 3,989, 799 12,601,826 10,746,554 3,960,821 2,066,805 332,081 1,236,567 22,185, 547 27, 978, 699 1,386,083 819, 000 1,597,393 277, 638 161,690 325, 380 3,054,135 1,138,085 466, 233 281, 778 10, 038, 221 3,915,169 637,407 135,372 730,786 85,266 78,000 45,708 Not given... Not given... 97, 875 337,082 24, 000 110,000 31,500 90,000 1,137,783 3,786,541 18,000 45, 000 Dakota Total Claims. 210 * Bradstreets. 88,440,028 58,152,638 Losses. $757,471 1,241,412 1,766,299 1,561,387 1,855, 270 1, 894, 016 904,486 5, 793,152 567,083 1,319, 755 164,190 1,916,050 184,455 6,123,052 502,035 645, 520 32,292 2,200, 000 271, 207 183, 271 58, 500 2-648,758 27,000 32,616,661 REPORT OF THE COMPTROLLER OF THE CURRENCY. 7 The amount of claims of five banks in Missouri, one in Kansas, and two in Nebraska could not be obtained. In the foregoing table it lias been found impossible to give the capital, or the exact amount of dividends paid to creditors, the liabilities and the losses only having been ascertained with any degree of accuracy. The differences between the two items last named represent the amount which it is assumed will eventually bo paid to creditors. The average annual loss sustained by creditors during the past sixteen years by the insolvency of national banks throughout the United States has been $390,012, and that occasioned by the failures of banks other than national, as shown by the incomplete data obtained by the Comptroller, has for the last three years been not less than $10,872,220. In the States of Ohio and Illinois alone the losses during the last three years, through the failure of State, savings, and private banks and bankers, aggregated $8,039,102, of which $1,916,050 were in Ohio, and $6,123,052 in Illinois. The total losa in these two States is greater by $1,798,913 than the total loss to creditors by all the national bank failures which have ever occurred. The failures for the current year have been numerous, many having been characterized by gross mismanagement and some by criminality of an aggravated character, yet nothing has been developed which indicates that the confidence in national banks on the part of the general public, which is the outgrowth of an experience of twenty-nine years, has been ill founded. It is idle to suppose that absolute immunity from failure can be secured by the operation of any law which fails to provide for absolute and complete governmental guaranty. That failures will be far more numerous during some years than others is to be expected. This is true of every variety of business activity. The banks of the country are mere agencies through which the commercial and business operations of the people are conducted, and of necessity the losses which attend these operations are reflected in the profit and loss accounts of these agencies. The net earnings of the banks afford a good criterion for judging as to the measure of success which has attended the business operations of their customers. It is a well-known fact that periods of business activity and depression follow each other at reasonably well-defined intervals, and that no means have been found for preventing the regular recurrence of what were under other conditions, known as years of panic. There is no doubt that the introduction of the national banking system and a well-secured currency of uniform and certain value, has served to greatly modify the severity of these periodical visitations and convert what were formerly panics into more or less severe depressions. The latter condition we have just experienced, and it is not remarkable that during the past twelve months while the country was suffering from a monetary stringency which has seriously affected the entire commercial world, we should have witnessed the failure of 25 banks out of a total of 3,694. That the law under which these associations operate is absolutely perfect no one well informed will claim, but that it has afforded greater security to its depositors and creditors than any other system is indisputable. Since the foundation of the system 4,648 associations have been organized, of which 164 have become insolvent, equal to about 3 J per cent for a period of twenty-nine years. Of this number the affairs of 102 have been finally settled, representing $28,544,992 of proved claims, upon which the claimants have received on an average 74.17 per cent, constituting a net loss to depositors of $7,372,036. The affairs of 62 banks are still unsettled, representing claims proved to the amount of $29,247,036, on which have been paid $17,456,167, leaving assets estimated at 8 KEPOKT OF THE COMPTROLLER OF THE CURRENCY. $3,702,025 yet to be distributed, which would represent a loss to creditors of $8,087,944. It will bo observed that losses to creditors of national banks during the twenty-nine years of the existence of the system, taking the amounts ascertained and the amounts estimated, aggregate $15,459,980, or an average of $533,103 per annum during the life of the system. The average amount of liabilities of all the banks since 1863 approximates $1,055,434,022, indicating that the annual average loss to the creditors of national banks for the period of twenty-nine years has been only one-twentieth of 1 per cent. In order to illustrate the increasing economy and efficiency which has characterized the administration of insolvent banks by the Bureau, the following table has been prepared, which covers all insolvent associations whose affairs have been finally closed: Receivers' salaPercentLegal expenses. ries, and all other age of expenses. colof Total Amount divilections Date of failure in semi- No. failed of claims dends from all Ratio Ratio decades. banks. sources. claims Amount to total Amount to total proved. on proved. paid. collec- paid. collection. tions. 1865 to 1869, inclusive .. 1870 to 1874, inclusive.. 1875 to 1879, inclusive.. 1880 to 1884, inclusive.. 1885 to 1890, inclusive.. Total 15 21 41 9 16 $3, 870,087 $155,959 10,384, 725 299,855 9, 353, 476 317, 737 1, 534, 720 44,561 3,735,929 30,374 102 28, 877,937 848, 486 4.03 2.89 3.39 2.90 .81 $343,343 579, 495 676, 526 109,162 122,195 9.13 5.58 7.23 7.11 3.27 $5,131, 694 9,876,423 9,646,132 1, 407, 231 2,483, 512 62.84 75.61 72.65 86.75 90.65 2.94 1, 830,721 6.34 28, 544,992 74.17 It will be observed that the banks have been classified into semidecades, haying regard to the date of insolvency. The conspicuous relative reduction in legal expenses is worthy of remark. The first semidecade shows an average disbursement for legal expenses of $4.03 on each $100 collected, while the same item during the last semi-decade is stated at only 81 cents. The average expenses to each $100 of collections for receivers' salaries and all other expenses decreased from $9.13 during the first semidecade to $3.27 during the last. Taking into account all the expenses of administration, we find that the cost per $100 during the last period is $4.08, as against $13.16 during the first. A corresponding increase in the percentage of dividends paid to the creditors of insolvent banks is also to be noted. During the first period, claimants received on the average 62.84 per cent) during the last period 90.65 per cent, and for the entire life of the system 74.17 per cent. The increase in dividends and decrease in expenses go hand in hand. The increase in rate per cent paid to creditors is due in part to greater efficiency and economy in conducting the liquidations, and partly to the fact that recent failures are less disastrous than in the earlier years of the system. These results indicate that governmental supervision is growing more effective as new and improved methods are evolved from experience. Certainly no other system of liquidating insolvent banks has ever proved so effective and economical; the record of the pastfiveyears showing average dividends to creditors of 90.65 per cent, and average expenses of only 4.08 per cent is in both respects believed to be without a parallel. REPORT OF THE COMPTROLLER OP THE CURRENCY. AMENDMENTS TO PRESENT LAW. The Comptroller desires to repeat in substance the recommendations contained in his report for 1890. In his opinion the present law should be so amended as to provide: (1) That no association shall be required to maintain a bond deposit of more than $1,000 to secure circulation. (2) That every association may issue circulating notes equal to the par value of the bonds so deposited. (3) That the monthly withdrawal of bonds pledged to secure such notes shall not exceed $3,000,000 in the aggregate. (4) That the semi-annual duty ©n circulation be so reduced as to equal one-fourth of 1 per cent j)er annum. These recommendations are made upon the supposition that Congress will not favorably consider measures looking to any considerable increase of circulation through further note issues by national banks. While the Comptroller is of the opinion that bank notes possess certain qualities not found in any form of governmental issues, but which are necessary to a perfect circulating medium, he is, nevertheless, aware that the present is not an opportune time for presenting his views upon that subject. He deems it wise to accept the situation, so far as note issues are concerned, and ask for such legislation as will relieve national banks so far as possible from the enforced and unremunerative issue of circulating notes, so that they may be unembarrassed in their efforts to faithfully serve the public as banks of discount and deposit. Inasmuch as the secured circulation of national banks has increased $11,795,101 during the report year and is now much above the present minimum requirement, no rapid contraction of circulation need be apprehended. The limitation provided in the third proposition would in any event prevent a retirement beyond $3,000,000 per month. Such reduction as might otherwise take place would be neutralized for five months at least by the immediate additional issue of $15,211,385 under the second proposition. The reduction of the semi-annual duty is both just and expedient. No adequate reason can be given for the taxation of a valueless and unwelcome franchise for the purpose of swelling redundant revenues. MONETARY STRINGENCY OF 1890. The previous report year, which ended November 1,1890, showed a comparatively small number of failures of national banking associations. Up to Midsummer of 1890 that year had been one of more than average business activity. It was, however, apparent in the early Spring, to those who were most observant of passing events, that unfavorable conditions existed, the evil effects of which would appear in the near future. This arose from consideration of the fact that agricultural interests were in an unsatisfactory condition, and also that overtrading and unhealthful expansion were everywhere apparent. During the year the building of railroads had been prosecuted with unusual vigor, making necessary the placing of unusually large lines of securities. Immense sums heretofore available as loanable capital in the New England and Middle States had taken a fixed form by reason of invest 10 REPORT OF THE COMPTROLLER OF THE CURRENCY. merits in the Mississippi Valley and upon the Pacific coast in city and suburban property, in loans represented by farm mortgages, and in the stocks and bonds of unnumbered corporations organized for the purpose of conducting various kinds of manufacturing operations, and supplying water, light, and rapid transit to the inhabitants of the many rapidly growing cities and villages in the regions named. Not only did these enterprises attract capital from the Atlantic States, but English investors brought to this country vast sums for the purpose of grouping together and recapitalizing corporations engaged in manufacturing, industrial, and commercial pursuits. This unexampled movement of capital toward the West not only divested the Atlantic States in a large degree of the loanable funds heretofore available for the relief of those engaged there in manufacturing and in business in its various forms, but it also had its effect upon the West in unduly stimulating speculative operations in real estate and laying the- groundwork for the future collapse in prices which it was apparent must follow whenever the flow of money toward the field of these operations should for any cause be greatly diminished or entirely arrested. The various banking institutions located in the region of country affected by the speculative spirit thus incited became necessarily more or less involved in the operations of their local customers. They found themselves early in the Summer of 1890 carrying large lines of loans representing investments in various forms of corporate enterprises, which were in a large degree in untried fields and dependent for success upon the rapid growth of towns and cities, yet unrealized. The banks of the country were therefore in an unduly extended condition upon the approach of Midsummer, and dependent in many cases upon* rediscounts with their correspondents in the reserve cities in order to enable them to carry the heavy lines with which they were burdened. While in this condition the transfer of funds to this country from England and the Continent became at first greatly reduced in volume, and finally ceased. Not only was the supply of fresh funds from this source .cut off, but it was discovered that during the late Spring and earlySummer months, as well as later on, vast amounts of American securities held abroad were forced upon the New York market by European holders for the purpose of preparing for a collapse which was expected to result from similar conditions of undue expansion existing abroad. The Continental countries had already passed through a period of liquidation and loss consequent upon the failure of the Panama Canal Company and the French Copper Syndicate. England, by reason of unusually large investments in all parts of the world, and especially in the Argentine Eepublic, was gradually but surely approaching an exceptionally severe monetary stringency. As an evidence of this and the consequent disposition to increase the stock of gold there held, in order to strengthen their cash resources, it is noted that during the months of June, July, and August of last year the net exportation from the United States of gold coin and bullion exceeded $14,000,000, and for the period extending from January 1,1890, to August 31,1891, the net exportations of gold amounted to $75,405,613. While these causes were operating to prevent the necessary relief from reaching us from Europe, the demands upon the banks in New York and other large reserve cities rapidly increased, producing a reduction in the amount of deposits and an increase in the amounts loaned to and rediseounted for the interior banks. REPORT OF THE COMPTROLLER OF THE CURRENCY. 11 The gross deposits of forty-six national banks in the city of New York show a falling off of $44,831,356 between the 28th of February and 17th of May, 1890; $13,519,527 of this representing a reduction in balances due to interior banks and those located in other reserve cities, while the reduction in loans and discounts was less than $10,000,000. The New York banks, however, were enabled to so strengthen their positions during the months of June and July that the marked stringency was delayed until August. It culminated about the middle of November, when the failure of a leading firm of brokers, the embarrassment of one large State bank, and the failure of another occurred in New York. These events were simultaneous with the announcement of the embarrassment of the Baring Brothers, of London, and the fact that a syndicate had been formed, headed by the Bank of England, through whose agency Baring Brothers' obligations were guaranteed to the extent of about $75,000,000. The unsatisfactory condition of monetary affairs in England, and the desire to be prepared for the effect of the announcement of the embarrassment of the Baring Brothers, induced the Bank of England to borrow £3,000,000 in gold from the Bank of France, in addition to £1,500,000 received from Eussia upon sale of treasury bonds. This extraordinary transaction is an evidence of the serious character of the monetary stringency in England, aggravated by the unsatisfactory conditions apparent in almost every civilized country where English capital has heretofore found investment. Among the unfavorable conditions existing in our own country, in addition to the undue expansion and resulting speculative investments which have been heretofore noted, should be mentioned the greatly reduced yield last year of wheat, oats, and corn, and the low prices which prevailed for the same. It is also to be observed that the importation of foreign commodities in 1890 exceeded in value that of any previous year. This was due, to some extent, to the passage of the new tariff act, which was made to take effect on the 6th of October, 1890. This undoubtedly greatly stimulated importations, in order that their arrival prior to the date mentioned might enable them to escape the higher rate of duty supposed to be imposed by the new act. To relieve this severe monetary stringency the Secretary of the Treasury increased his purchase of United States bonds to such an extent as to almost entirely exhaust the available surplus in the Treasury. During the three and one-third months from July 19 to November 1, 1890, over $99,000,000 were disbursed in payment for United States bonds and interest thereon. It is apparent, however, that while the relief afforded was timely and the sums disbursed very large, the unfavorable and threatening conditions were caused to a greater degree by want of confidence and a curtailment of credits than by lack of circulating medium. That this large disbursement had the effect of allaying excitement and promoting a return of confidence on the part of the general public is no doubt true. As has been noted, the monetary stringency culminated on the 15th of November, 1890, and its effects within thirty days thereafter had to a considerable extent passed away, so far as could be observed in the larger cities. Its effect upon the country at large, however, still continued. ' Inability to place securities and to borrow money had arrested the operations of a great multitude of corporations scattered all over the country, and insolvency and failure had in a large number of cases ensued. Where failure did not take place new work was stopped, all 12 REPORT OF THE COMPTROLLER OF THE CURRENCY. credits were curtailed, and business in its different forms became greatly depressed. The growth of cities and villages was in many cases arrested, and the prices of city property, especially of a suburban character, became greatly reduced. Corporations newly organized, with insufficient capital and inexperienced management, generally became insolvent, and speculative operations of every kind and character were prostrated. Liquidation took place in all branches of business, resulting in the failure and extinction of a large number of business enterprises which were never entitled to credit and in the curtailment of the operations of many possessing ample capital and skillful management. The process of liquidation above referred to did not end with the monetary stringency in December, 1890, but has continued since that date, and its influences are still felt and its effects observed. The subject is here discussed because of its intimate connection with the bank failures of 1891. CLEARING-HOUSE LOAN CERTIFICATES. The effect of a general monetary stringency is felt first and most seriously by banks located in the larger of the reserve cities. Whenever financial affairs are in a normal condition the surplus funds of the local banks find their way to the vaults of their correspondent banks located in the great centers of business activity. This is undoubtedly due in part to the fact that these deposits may be made available for lawful money reserve and that a small rate of interest is, as a rule, X>aid upon bank balances by associations in the larger cities, and to the further fact that the maintenance of a good balance with their city correspondents strengthens the claim of the interior banks upon the former for rediscounts when the temporary condition, of redundancy passes away and the increased demand for money is greater than the interior banks from their resources can conveniently supply. Tlius it results that the wants of a continent in case of general depression are at last brought through various channels of business activity, by way of withdrawals or loans, to the bankers of the great metropolitan cities for relief, and they are presented in such a form, in many cases, as to preclude the possibility of refusal, if general bankruptcy is to be avoided. During the period of the stringency above discussed the cities of New York, Philadelphia, and Boston were subjected to the most pressing demands, amd after very careful consideration it was decided by the associated banks that the exigency made necessary a resort to the issuing of clearing-house loan certificates, for the purpose of settling clearing-house balances. This expedient had been successfully resorted to during the panics of 1873 and 1884. At a meeting of the New York Clearing-House Association on the 11th day of November, 1890, the following resolution was unanimously adopted: Resolved, That a committee of five be appointed by the chair, of which the chairman shall be one, to receive from banks members of the association bills receivable and other securities, to be approved by said committee, who shall be authorized to issue therefor, to such depositing banks, loan certificates bearing interest at 6 per cent per annum, and in addition thereto a commission of one-quarter of 1 cent for every thirty days such certificates shall remain unpaid, and such loan certificates shall not be in excess of 75 per cent of the market value of the securities of bills receivable so deposited, and such certificates shall be received and paid settlement of balances at the clearing house. Digitized forinFRASER REPORT OF THE COMPTROLLER OF THE CURRENCY. 13 Under this resolution a committee of live was appointed, and they proceeded, upon deposit of proper securities, to issue to applying banks loan certificates in the following form: No. . $20,000 Loan committee of the New York Clearing-House Association, New York, , 1890. This certifies that the has deposited with this committee securities in accordance with the proceedings of a meeting of the association held November 11, 1890, upon which this certificate is issued. This certificate will be received in payment of balances at the clearing house for the sum of twenty thousand dollars from any member of the Clearing-House Association. On the surrender of this certificate by the depositing bank above named the committee will indorse the amount as a payment on the obligation of said bank held by them, and surrender a proportionate share of the collateral securities held therefor. $20,000. Committee. These certificates were, by unanimous agreement upon the part ot the clearing-house banks, accepted in lieu of money in the settlement of clearing-house balances. In order to provide for the retirement of these securities in case the collaterals pledged were found insufficient, the several boards of directors of the associated banks were requested to, and did, pass a resolution in the following form: Resolved, That any loss resulting from the issue of loan certificates shall be borne by the banks comprising the Clearing-House Association pro rata of capital and surplus, and this resolution shall be ratified by the boards of the respective banks, members of the association, and a certified copy of such consent delivered to the chairman of the loan committee. This committee, acting under the authority granted by the above resolution, issued to the associated banks loan certificates aggregating $16,645,000. The first issue was made November 12, 1890, and the entire issue was retired on February 7, 1891. The largest amount outstanding at any one time was $15,205,000, on the 13th of December, 1890. On the 17th of November, 1890, similar proceedings were had by the Boston Glearing-House Association. On that day, at a meeting of the association, the following resolution was unanimously adopted: Resolved, That a committee of five be appointed by the chair, of which committee the chairman shall also be a member, to receive from banks, members of the association, bills receivable and other securities, to be approved by said committee, who shall be authorized to issue therefor, to such depositing banks, loan certificates bearing interest at 7.3 per cent per annum, and such loan certificate shall not be in excess of 75 per cent of the market value of the securities or bills receivable so deposited, and such certificates shall be received and paid in settlement of balances at the clearing house. It is observed also that the ultimate payment of the certificates, in case the pledged collaterals proved to be insufficient, was provided for through the ratification, by the boards of directors of the respective banks, of the following resolution passed by the Boston Olearing-House Association at the meeting above noted: Resolved, That any loss arising from the issue of loan certificates shall be borne by the banks comprising the Clearing-House Association pro rata, according to the average daily amount which each bank shall have sent to the clearing house during the preceding year. It was also voted that this resolution shall be ratified by the boards of directors of the respective banks, members of the association, and a certified copy of such consent delivered to the chairman of the loan committee^ 14 REPORT OF THE COMPTROLLER OF THE CURRENCY. The form of the loan certificates issued under the resolution alluded to is as follows: No. '$5,000. g Loan committee of the Boston Clearing-House Association. Boston, 189-. r5 This certifies that the has deposited with this committee securi© ties in accordance with the proceedings of a meeting of the association held H November 17, 1890, upon which this certificate is issued. a This certificate will be received in payment of balances at the clearing house §§ g rd ^ ® pj for the sum of five thousand dollars from any member of the Clearing-House Association. On surrender of this certificate by the depositing bank above named, the committee will indorse the amount as a payment on the obligation of said bank held by them, and surrender a proportionate share of the collateral securities held therefor. $5,000. Committee. When a bank applied for and received loan certificates it was required to deposit the necessary securities and to also execute and deliver an obligation, of which the following is a copy: The Bank has this day received of, , loan committee of the Boston Clearing-House Association loan certificates issued by said committee in pursuance of a vote of said association, passed November 17, 1890, to the amount of thousand dollars, and has deposited with said committee the securities, a statement whereof is hereto annexed, and said Bank receives said loan certificates on the terms set forth in said vote, and agrees to pay the amount of said certificates, with interest thereon, as provided in said vote. Under the operation of the resolution of authority granted by the clearing-house committee, as above noted, loan certificates were first issued on November 19, 1890, and the- last were issued on December 6, 1890. On the latter date the issue reached its maximum of $5,065,000. The last of the issue was retired on January 6, 1891. The Clearing-House Association of Philadelphia took action on November 18, 1890, at which time, at a meeting of the Clearing-House Association, the following resolution was adopted: Besolved, That, in accordance with resolution of September 24, 1873, as amended October 18, 1873, the clearing-house committee will issue loan certificates to banks applying and receive them in payment of balances. The resolution of September 24,1873, as amended October 18, 1873, reads as follows: For the purpose of enabling the banks, members of the Philadelphia ClearingHouse Association, to afford proper assistance to the mercantile and manufacturing community, and also to facilitate the inter-bank settlements resulting from their daily exchanges, we, the undersigned, do bind ourselves by the following agreement on the part of our respective banks, viz: First. That the clearing-house committee be, and they are hereby, authorized to issue to any bank member of the association loan certificates bearing 6 per cent interest on the deposits of bills receivable and other securities to such an amount and to such percentage thereof as may in their judgment be advisable. These certificates may be used in settlement of balances at the clearing hous e, and they shall be received by creditor banks in the same proportion as they bear to the aggregate amount of the debtor balances paid at the clearing house. The interest that may accrue upon these certificates shall be apportioned monthly among the banks which shall have held them during that time. Second. The securities deposited with the said committee shall be held by them in trust as a special deposit, pledged for the redemption of the certificates issued thereupon, the same being accepted by the committee as collateral security, with the express condition that neither the Clearing-House Association, the clearinghouse committee, nor any member thereof shall be responsible for any loss on said collaterals arising from failure to make demand and protest, or from any other neglect or omission, other than the refusal to take some reasonable step which the said 1 Digitized fordepositing FRASER bank may have previously reojuired in writing. REPORT OF THE COMPTROLLER OF THE CURRENCY. 15 Third. On the surrender of such certificates; or any of them, "by the depositing hank, the committee will indorse the amount as a payment on the obligation of said hank held by them, and will surrender a proportionate amount of securities, except in case of default of the bank in any of its transactions through the clearing house; in which case the securities will be applied by the committee, first, to the payment of outstanding certificates, with interest; next, to the liquidation of any indebtedness of such bank to the other banks, members of the Clearing-House Association. Fourth. The committee shall be authorized to exchange any portion of said securities for others, to be approved by them, and shall have power to demand additional security, at their own discretion. Fifth. That the clearing-house committee be authorized to carry into full effect this agreement, with power to establish such rules and regulations for the practical working thereof as they may deem necessary; and any loss caused by the non-payment of loan certificates shall be assessed by the committee upon all the banks in the ratio of capital. Sixth. The expenses incurred in carrying out this agreement shall be assessed uj)on the banks in equal proportion to their respective capital. Seventh. That the clearing-house committee be, and they are hereby, authorized to terminate this agreement upon giving thirty days' notice thereof at any stated meeting of tne Clearing-House Association. PHILADELPHIA, November 18, 1890. At a meeting of the clearing-house committee, held this day, it was, on motion: Resolved, That in accordance with resolutions of September 24, 1873, as amended October 18, 1873, the clearing-house committee will issue loan certificates to banks applying, and receive them in payment of balances. The form of loan certificate issued by the Clearing-House Association of Philadelphia is here given: No. . $5,000. Clearing-house committee of the Philadelphia banks, Philadelphia, , 1891. This certifies that the Bank has deposited with this committee, securities in accordance with the agreement of a meeting of bank officers held 6 September 24, 1873. This certificate will be received during the continuance of H said agreement and of any renewals of the same, in payment of balances at the c§ clearing house, for the sum of five thousand dollars, only from a member of the *-g Clearing-House Association to whom the same may have been issued, or to whom « it may be indorsed by the manager of the clearing house. On the surrender of this certificate by the depositing bank above named the fl cs committee will indorse the amount as a payment on the obligation of said bank ^ held by them, and surrender a proportionate amount of the collateral securities except in case of default on the part of said bank in its transactions through the Clearing-House Association of Philadelphia. Committee. It will be observed that the original agreement under which the committee proceeded in this case was adopted during the panic of 1873 and after that subsided no further action was had under it until November, 1890, but the machinery was kept standing during the whole intervening period ready for immediate use whenever required. The clearing-house committee having, by the agreement aforesaid, been authorized to issue loan certificates resolved, on November 5? 1890, to exercise this power, whereupon the banks desiring to take out loan certificates were required to adopt a resolution empowering the hypothecation of securities, under which the issue of loan certificates, signed by not less than three members of the committee, was commenced on November 19, 1890, and ceased on May 22, 1891, the total issue being $9,655,000. The maximum issue, $8,870,000, was reached on January 9. The certificates have all been retired excepting $170,000 issued to the Keystone and Spring Garden National Banks. 16 REPORT OF THE COMPTROLLER OF THE CURRENCY. DOMESTIC EXCHANGES. In his annual report for 1890 tlie Comptroller published certain data in relation to domestic exchanges in the United States, which exhibited the amounts of drafts drawn during the year ended June 30, 1890, (1) upon national and other banks in the cities of New "York, Chicago, and St. Louis, separately stated; (2) upon banks located in other reserve cities, and (3) upon all other banks. Out of the 3,438 national banks in operation on the 30th day of June, 1890, 3,329 furnished the desired information. While the facts thus elicited attracted wide attention and proVed valuable as illustrating the magnitude of the transactions liquidated through transfers of bank credits, it fell short of all that might be desired from the fact that drafts drawn upon reserve cities other than New York, Chicago, and St. Louis were not separately stated but were given in the aggregate only. It was thought desirable to again call for this information for the purpose of instituting comparisons as between the operations of the two years, and also for the purpose of ascertaining the magnitude of the transactions with each of the reserve cities, to the end that similar calls following this at suitable intervals rnigUt afford the means of ascertaining the relative growth of the banking operations of the several reserve cities of the United States. For this purpose circular letters were addressed to each active bank in the system, and replies were received from 3,637, that being the number in operation on the 30th day of June, 1891, exclusive of 22 associations that drew no exchange. This cheerful cooperation on the part of every bank in the system is worthy of special commendation, as last year 109 banks failed to make the necessary report. In comparisons made between the operations of the year ended June 30, 1890, and the year ended June 30, 1891, it will be remembered that the former year covered the operations of 3,329 banks, and the latter year 3,637 banks. The total amount of drafts drawn by these 3,637 associations during the year ended June 30, 1891, was $12,782,212,49*5. Wefindthat of this amount there was drawn on New York $7,836,208,250, on Chicago $1,254,693,941, on St. Louis $237,908,010, and on other reserve cities $3,101,005,735, and on all other banks and bankers $352,396,559. Among the other reserve cities Boston leads with $1,492,266,242, followed by Philadelphia with $541,333,403. From this statement it appears that of the total sum 61.31 per cent was drawn on banks in the city of New York; 9.82 per cent on Chicago; 1.86 per cent on St. Louis; 11.61 per cent on Boston, and 4.24 per cent on Philadelphia. The total sum drawn upon the reserve cities, excepting New York, Chicago, and St. Louis, was 24.25 per cent and 2.76 per cent on banks located elsewhere. KEPORT OF THE COMPTROLLER OF THE CURRENCY. 17 Iii order to exhibit these movements in detail the following table has been prepared : TABLE SHOWING THE AMOUNT OF DRAFTS DIUWN BY NATIONAL BANKING ASSOCIATIONS UPON NEW YOUK, CHICAGO, ST. LOUIS, THE OTHER RESERVE CITIES, AND ON ALL OTHER LOCATIONS, THE NUMBER OF BANKS DRAWING UPON EACH CITY AND THE PERCENTAGES OF DRAWINGS, IN 1891 AND 1890. 1890. 1891. Location of banks drawn upon. Central reserve cities: New York Chicago St. Louis Other reserve cities: Boston Albany Philadelphia Pittsburg Baltimore "Washington New Orleans Louisville Cincinnati Cleveland Detroit Milwaukee Kansas City St. Joseph Omaha Brooklyn St. Paul Minneapolis San Francisco Des Moines All other localities Total. Kumber drawing. Amount drawn. Per cent. $7, 836, 208, 250 254, 693,941 237,908, 010 61.31 9.82 1.86 ., 492,266, 242 853 26, 947, 718 68 664 541,333, 463 204 . 147, 213, 869 258 87,802,114 4, 651,146 67 243 I 37, 518, 587 200 56, 056, 805 429 148,726, 218 128 29,473,237 105 55, 549, 913 111 36, 069, 676 391 104, 363, 214 10, 556, 220 57 104, 362,120 228 1, 771, 976 6 170 75, 937,658 98 29,784, 617 231 108, 329,796 22 2,291,146 :,325 352, 396, 559 11.61 .21 4.24 1.15 .69 .04 .30 .44 1.17 .24 .44 .29 .82 .08 .82 .01 .60 .24 .85 .01 2.76 12,782,212,495 100.00 Number Amount drawn. drawing. Per cent. 3,147 1,024 481 $7,284, 982, 634 1, 084, 574, 558 188. 765. 8i2 63.07 9.39 1.64 2,334 *2, 527,757,482 *21.88 1,080 464,817,739 11,550,898,255 100.00 *The total amount of drafts drawn upon other reserve cities (not shown in detail in 1890) is $3,101,005,735 and the percentage 24.25. In order to facilitate a comparison between the operations of the year ended June 30* 1890, and those of the year ended June 30, 1891, the totals and percentages for the former year are included in the table. It will be observed that in the total amount of drafts drawn there has been an increase in each of the three central reserve cities and in the amounts drawn upon all other reserve cities, but that the total of drafts drawn upon all other banks has fallen off to a marked degree. It will be noticed that the grand aggregate for all banks shows an increase of $1,231,314,240, being slightly in excess of 11 per cent. So far as the percentages show the relative importance of the.several reserve cities the changes do not appear important. New York City, relatively, has slightly fallen off wjiile Chicago and St. Louis each show a slight increase in percentages. Other reserve cities have increased from 21.88 to 24.25 per cent, indicating the growing importance of the business tributary to the inland cities. 11167 2 18 REPORT OF THE COMPTROLLER OF THE CURRENCY. In the following table is exhibited the amounts of exchange drawn by all the national banks, classified by States and arranged in the order of the total amounts drawn, further subdivided so as to show the operations of the banks in reserve cities and other banks separately during the year ended June 30,1891, to which has been added a column giving corresponding totals for the previous year. AMOUNT OF DRAFTS DHAWN BY ALL REPORTING BANKS IN 1891 AND 1890. Location of drawing banks. Reserve cities. . of banks. 1891. $829,641,060 1,018,432,079 639, 841,131 225, 601,726 520,097,176 573,632,074 Massachusetts Illinois Pennsylvania New York Ohio Missouri New Jersey Connecticut Nebraska Michigan Texas Minnesota Rhode Island Iowa Maryland Indiana Wisconsin Colorado , Maine Kansas Tennessee New Hampshire Kentucky Louisiana California Virginia Vermont Washington Georgia Oregon Montana Alabama District of Columbia. North Carolina Florida South Carolina Delaware "West Virginia . . . . . . . South Dakota Mississippi A rkansas North Dakota Utah New Mexico "Wyoming Idaho Arizona Nevada Indian Territory Oklahoma Total. Amount. 213,748,926 135, 999,011 236, 333,479 33, 802, 532 253, 512,102 64,779,622 60, 841, 654 119, 636, 353 28,131, 600 12 48, 251, 748 All other. No. of banks. Amount. 1891. 207 $818, 017, 643 391, 917,187 181 297 637, 422, 602 741, 983, 237 265 212 313,374,192 62, 225, 888 58 95 540, 605, 942 428,790,755 84 128 167,410,740 100 233,687,986 209 347, 699, 375 92, 531, 690 49 59 326, 295, 972 281, 542, 619 142 43,454, 874 41 221, 086,925 100 67 123,070, 876 50 176,871,574 78 176,479, 284 145 159,419, 341 54 152, 719, 395 52 141, 525, 565 77,307,129 69 15, 282, 986 11 96,342,665 34 118,001,654 35 50 103, 244, 799 94,194, 996 63 88, 208,733 32 70, 335, 904 40 65,765, 034 29 65,046,139 31 4, 111, 908 1 47,131,898 21 43, 546, 212 18 42, 705, 672 15 40,761, 234 18 34,414,274 23 33, 215, 067 39 29,079, 559 13 27,905,777 10 26,574,478 33 26, 227, 052 13 20,142, 533 12 11,891,088 11 10,735, 684 7 3,494, 472 3 2,237,907 2 2,090,873 2 1, 800, 833 3 Total. No. of banks. Amount. Amount. 1891. 1890. 263 $1. 647, 658, 703 $1,600,009,684 1,361,844,062 410, 349, 206 201 366 277, 263,733 1,130,402,494 919,743.864 967, 584, 963 308 235 833, 471, 368 772,069; 028 543,777,164 82 635, 857, 962 95 540, 605, 942 508, 700, 947 416,047, 524 84 428,*790,755 331,177,493 381,159, 666 137 345,484, 081 369,686,997 108 241,780,749 209 347,699, 375 281, 262, 306 60 328, 865,169 326, 295, 972 323, 357,109 59 229, 878, 098 146 315, 345,151 260, 619,135 296,966 976 63 221, 086, 925 186, 618, 301 100 70 187, 850, 498 149,171,877 50 176, 871, 574 160,755, 610 162, 579,412 176,479, 284 78 143,467,707 159,419,341 145 94,831,961 54 152, 719, 395 134, 854,170 141,525, 565 52 133, 031, 928 138,148, 783 79 134, 919, 339 120, 422, 635 21 110, 748, 634 124, 474,265 36 83,719,222 118,001. 654 35 85,033,920 103,244, 799 50 74,334,294 94,194, 996 63 88, 055,102 88, 208, 733 32 58, 548, 436 70, 335, 904 40 52,223, 703 65,765, 034 29 53, 335, 607 65^ 046,139 31 46,206, 305 52,363,666 13 45, 572,126 47,131,898 21 35,125,031 43,546, 212 18 41,378,067 42,705, 672 15 30,949, 385 40,761, 234 18 25,167, 612 34,414, 274 23 32,061,974 33,215,067 39 22,948,968 29,079, 559 13 31,359,123 27,905,777 10 16. 553,426 26,574,478 33 27,349,987 26,227, 052 13 14,837, 575 20,142, 533 12 10,413,865 11,891, 088 11 8,507,703 10,735, 684 7 1,884, 380 3,494,472 3 2, 695, 871 2,237,907 2 2,090.873 1,800,833 326 5; 002,282, 273 3,311 7,f779, 930, 222 3,637 12,782,212,495 11, 550,898, 255 It will be noticed that some changes have taken place in the relative importance of the several States during the year. Those whose relative increase is most conspicuous are Texas, Tennessee, Washington, Wisconsin, Nebraska, and Iowa. 19 REPORT OF THE COMPTROLLER OF THE CURRENCY. In order to further illustrate the operations of banks covered by the foregoing statement the following table is introduced, which exhibits the amount drawn by banks in the several reserve cities : AMOUNT OF DRAFTS DRAWN BY BANKS IN THE SEVERAL RESERVE CITIES, 1891. On New York. On Chicago. Reserve cities. New York Chicago Boston Philadelphia Kansas City Cleveland '. Baltimore Cincinnati Pittsburgh St. Louis Omaha Detroit Albany ' St. Paul : New Orleans Minneapolis Milwaukee • Louisville St. Joseph Washington Des Moines San Francisco Brooklyn Total ' On On other re- On all other banks. St. Louis. serve cities. $11,427,570 664,512,872 709, 240,027 369,221,119 161,740,162 264, 310, 389 217,596,049 178,724,488 1C6,180, 779 180,191,169 119,157,265 113, 096, 537 128,463,210 . 73,450,444 9 115, 324, 617 52,386, 949 30,142,935 51, 870,599 29,257,426 43,864,887 12, 546,821 23,076,239 784, 000 $82,822 222,499,995 2,303, 527 658,366 72,527,858 11,048,040 68, 334 12,895,728 10,297,358 24,122,397 74,882, 966 12, 368,454 50,748 32,680, 687 1,876,125 33, 077,458 32,930,400 2,245, 226 6,878,186 101,411 20,159, 722 2,241, 668 $10,636 4,800,751 7,021 10,531 66,358, 648 848, 059 7,500 5,069,596 47,574 3,716, 566, 553 575, 997,476 96, 591, 768 10,008,713 97, 500 1, 357,841 649,674 13,100 1,161. 695 5, 552, 705 590,224 $80,541,409 111, 755,435 117,541,446 37,016,939 7,078,086 15,276,312 35,558,171 28,822,015 50,511,200 13, 004,896 9, 599,982 9,652,089 3,582,159 17,818,378 1,678,106 23,710, 841 1, 693,187 4,791, 958 6,602,705 4, 268, 950 505,765 2,711, 961 334,000 $325,172 14, 863, 026 549, 039 5,744,251 584,055,990 29,070,486 858,507 282,048 2, 244,042 153,014 317, 836 100,000 784,431 107,831 1, 850, 881 772,176 16,500 101, 732 Total. $92,387,609 1,018,432,079 829,641,060 412, 651,206 307, 704, 754 292,341,307 253,512,102 227, 755, 869 227,189,925 217, 636,298 213,748, 926 135,999,011 132,096,117 125, 307,350 119, 636,353 111, 026,129 64,779,622 60, 841, 654 48,291,022 48,251, 748 33,802, 532 28,131,600 1,118,000 5,002, 282,273 20 REPORT OF THE COMPTROLLER OF THE CURRENCY. The same classification applying to all banks located outside of reserve cities is exhibited by the table which is here introduced: AMOUNT OF DRAFTS DRAWN BY BANKS IN THE SEVERAL STATES OUTSIDE OF THE RESERVE CITIES. States and Territores. On New York. On Chicago. Massachusetts New York. Pennsylvania New Jersey Connecticut Illinois Texas Rhode Island Ohio Iowa Michigan Indiana Colorado Maine Nebraska Kansas Tennessee New Hampshire Wisconsin Virginia Vermont California Washington Minnesota Georgia Kentucky Oregon Montana Alabama Missouri North Carolina Florida Maryland South Carolina Delaware West Virginia South Dakota Mississippi Arkansas North Dakota Utah New Mexico Louisiana Wyoming Idaho District of Columbia. Arizona .... Nevada Indian Territory Oklahoma $198, 959,935 694,127,300 248, 749,410 474, 546, 790 384,480, 563 129,860 585 185, 838, 827 172, 546, 722 212, 485, 209 91,175,100 107,190, 111 124,182, 211 110,573,233 CO, 775, 489 51, 497, 219 72, 686,155 113,734,001 6,121,196 27, 877, 662 70,134,129 39,216, 992 22,788, 345 38, 080, 273 29, 847, 636 81,383,549 25,511,604 26,433,159 37, 364,581 54,908,981 11. 885, t>OB 33,280,702 33,121,246 8, 585, 281 39, 786,408 6, 834,238 14, 656,484 12, 805, 802 18,406,923 11,448, 297 9, 548, 217 15,407, 576 11, 725, 848 6, 982, 710 4, 663, 997 4, 680, 711 3, 774, 672 1,103, 444 304, 750 1,166, 646 395,170 $1,270,456 227,651 892,017 Total 4,119,641, 697 By banks in reserve 3, 716, 566, 553 cities On St. Louis. 573,034 211,483,127 $26, 634,405 3, 352. 581 33,890,689 5, 000 4,163, 312 138, 615 166, 686, 446 3, 400,035 58, 723, 342 36, 088,101 1, 755, 631 13. 749, 633 8, 090, 521 "25," 558,'040' 521,698 11, 620, 635 12,518,337 2, 020, 824 4, 679, 853 65,i52,47i * 334,398 4,360, 245 6, 648,132 25,517,592 111, 706 3,839,667 8,474,225 208, 898 6, 947, 099 800, 014 145, 242 214,000 6,326 724,780 297, 649 1, 057,564 511,999 30, 557, 691 221, 362 9,983 1,100 12, 660,622 9,259 1, 312, 519 1, 375, 638 1, 963, 996 796, 366 1, 652 1, 634, 642 832,127 70, 932 81, 813 60, 203 1,056,211 10,763,178 312,160 1,012,364 1, 372,557 74, 360 367, 591 68, 391 On other reserve cities. On all other banks. Total. $617,212,324 $574, 928 45,139, 508 2,488, 778 387,047,663 733, 512 66,059,152 43,735,133 2,025 18,954,459 4,984, 611 22, 209,479' 102,407,799 128,809,624 24,934, 626 87,062,772 14,058,398 65,801,353 48, 506, 990 20, 360,402 140, 401, 371 83,009,991 58,404, 596 23, 385,804 135, 326,348 28, 659, 767 37,933,121 63, 806, 807 60,330,784 22, 293, 636 36, 203, 505 3, 026, 056 46, 627,378 27, 310,020 10, 825, 212 5, 709,345 11, 983,594 8, 541,339 2, 768,814 34,645, 501 1, 447,152 2», 926,996 16,678, 515 3,912, 772 7, 524,924 1,966,640 14,735,170 6,970, 371 5,039, 856 6,295, 403 4, 659, 855 2, 875,040 327, 063 1, 563, 316 1,474, 928 422, 534 978, 994 9, 524, 284 6,222, 640 1,973,180 10,553, 992 24,097,785 5,802,424 6,823, 822 4,189,618 8,898,913 78,021 1,046, 578 3,934,404 221,000 8,063,277 27,027, 713 748,957 3, 792,802 4,331, 661 12,455,409 8,043, 452 3, 706, 916 851, 896 5, 309, 857 7,424, 807 224,092 1, 472,112 3,078,175 3, 835, 871 2,082, 242 2, 415,143 915, 453 1, 572,949 1, 568, 099 630, 664 932, 594 2, 347, 806 10,173 682 420 376, 416 134,102 298,075 $818, 017, 643 741,983,237 637, 422, 602 540, 605, 942 428, 790, 755 391,917,187 347, 699, 375 326,295, 972 313, 374,192 281, 542, 619 233,687, 986 . 221,086,925 176,871, 574 176,479,284 167, 410, 740 159,419, 341 152,719, 395 141, 525, 565 123,070, 876 118,001, 654 103,244,799 96, 342, 665 94,194, 996 92,531, 690 88, 208, 733 77, 307,129 70, 335, 904 65, 765, 034 65, 046,139 62, 225, 888 47,131, 898 43, 546, 212 43. 454, 874 42, 705, 672 40, 761, 234 34,414, 274 33,215, 067 29, 079,559 27,905, 777 26, 574, 478 26, 227,052 20,142,533 15, 282, 986 11,891,088 10, 735,684 4,111,908 3,494,472 2, 237,907 2, 090, 873 1,800,833 678. 696,465 141, 316, 242 2, 516, 949, 745323, 326,073 7, 779,930,222 575,997, 476 96, 591, 768 5, 002, 282, 273 584, 055, 990 29,070,486 Grand total.. - 7, 836, 208,250 1,254, 693, 941237, 908,010 3,101, 005, 735 352, 396, 559 12, 782, 212, 495 I 21 REPORT OF THE COMPTROLLER OF THE CURRENCY. In order to show the magnitude and direction of the movements in each geographical division the following tables are introduced: STATEMENT SHOWING THE AMOUNT OF DRAFTS DRAWN, BY NATIONAL BANKING ASSOCIATIONS IN EACH GEOGRAPHICAL DIVISION, UPON NEW YORK, CHICAGO, ST. LOUIS, THE OTHER RESERVE CITIES, AND ALL OTHER CITIES, DURING THE YEAR ENDING JUNE 30, 1891. Location of banks New England drawn on. States. Middle Western States. Southern States. Pacific States and Territories. Total. $1, 541, 340, 924 $2, 374,155, 305$862, 389, 077 $2, 760, 558, 972, $297, 763,972 $7, New York 836,208,250 11,361,252, 1,182, 048, 316 44, 753, 649 254,693,941 378, 707 Chicago 4,152,017 12, 76,241 54, 826, 945 170,771, 947 12, 225, 8561 237, 908,010 St. Louis 7,021 5, 289, 261 125,161,030 Boston 1,235, 778, 891 121094, 863 4, 942,197 492, 266, 242 347,000 Albany 927,762 25; 672, 956 26,947, 718 51,766, 700i 24, 571, 567 Philadelphia 7,483,418 457 073, 655 438,123 541,333,463 13, 518, 591 2, 553, 021 Pittsburg 50,549 131, 091, 708 147, 213, 869 35, 842, 598 12,309,426 Baltimore 1, 741, 981 37,908,109] 87,802,114 349. 262 2, 658, 221 Washington ..'... 500 1. 643,163 4,651,146 64,108 3,095, 983 34, 358,496 New Orleans 37, 518,587 286, 651 26, 760, 991 29, 009,163 56, 056,805 Louisville 814,437 99,651, 506 47,221,497 21,721 Cincinnati 17,057 148,726,218 740,469 27,732, 437 29,473,237 331 Cleveland 16,470 55,298,443 235, 000 55, 549, 913 Detroit 31,797 36, 033, 702 36, 066,676 4,177 Milwaukee 2,421 78, 743, 906 18,090, 553 105,078,273 54,072 &, 187,321 Kansas City 9, 687, 763 9, 841,161 153, 398 St. Joseph 81, 692,484 22,668, 316 104,362", 120 1,320 Omaha. 381,714 349,000 472,963 1,771,976 456, 680 111,619 Brooklyn 61,223,121 14,701,835 12,702 75, 937, 658 St. Paul 28, 855, 551 2,230 926,224 29,784,617 612 Minneapolis 1,912,272 105,401,735 108,329,796 152,652 546,270 316, 867 San Francisco . . . 2,291,146 2,291,146 Des Moines 72, 689, 625 87,701,829 352, 396, 559 9, 977, 540 150, 365, 502 All other cities .. 31, 662,063 Total 2,823,995,078 3,175, 546, 504 1,269, 526, 810 4, 902,881, 888 610,262,21512,782,212, 495 STATEMENT SHOWING BY GEOGRAPHICAL DIVISIONS THE AMOUNT OF DRAFTS DRAWN BY NATIONAL BANKING ASSOCIATIONS ON BANKS IN NEW YORK, CHICAGO, ST. LOUIS, THE OTHER RESERVE CITIES, AND ON BANKS ELSEWHERE, DURING THE YEAR ENDED JUNE 30, 1891. On N e w York. Location. New England States: Massachusetts Boston Connecticut Rhode Island Maine New Hampshire Vermont.. Total $198,959,935 709,240,027 384,480, 563 172, 546,722 30,775,489 6,121,196 39, 216, 992 $1, 270,456 2, 303,527 573,034 5,000 1, 541, 340,924 4,152,017 Middle States: New York New York City.. Albany Brooklyn Pennsylvania Philadelphia Pittsburg New Jersey Maryland Baltimore District of Columbia. Washington Delaware Total On On other re- On all other On Chicago. St. Louis. serve cities. localities. 694,127, 300 227, 651 11,427, 570 82, 822 128,463,210 50, 748 784, 000 248, 749,410 892, 6i7 369, 221,119 658, 366 166,180, 779 10, 297,358 474, 546,790 8, 585, 281 • 217, 596, 049 68, 334 3,774, 672 43, 864, 887 101,411 6, 834, 238 2,374,155, 305 12,378, 707 $7,021 $617,212,324 $574,928 117,541,446 549, 039 43,735,133 2,025 128,809,624 24,934,626 140,401,371 5, 302,424 135, 326, 348 78, 021 63, 806,807 221,000 Total. $818,017,643 829,641,000 428, 790, 755 326,295, 972 176,479, 284 141, 525, 565 103,244,799 7,021 1,246,833,053 31,662,063 2,823, 995, 078 10, 636 10, 531 47,574 7,500 76, 241 741,983, 237 92, 387,609 132, 096,117 1,118,000 637, 422, 602 412, 651,206 227,189,925 540, 605,942 43,454,874 253,512,102 4, 111, 908 48,251,748 40,761,234 45,139, 508 80,541,409 3, 582,159 334,000 387,047, 663 37,016,939 50, 511,200 66,059,152 34, 645, 501 35, 558,171 327, 063 4, 268, 950 33,926,996 2,488,778 325,172 778,958,711 9,977,540 3,175, 546,504 733, 512 5,744,251 153,014 224,092 282,048 10,173 16, 500 22 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING BY GEOGRAPHICAL DIVISIONS THE AMOUNT OF DRAFTS DRAWN BY NATIONAL BANKING ASSOCIATIONS, ETC.—Continued. On New York. Location. Southern States: Texas Tennessee Kentucky Louisville Louisiana New Orleans Virginia Georgia Alabama North Carolina Florida South Carolina "West Virginia Mississippi.. Arkansas On Chicago. On other re- On all other On serve cities. localities. St. Louis. Total. I $185, 838,827 $3, 352, 581 ;$33,890,689 113,734,001 2,020, 824 4,679, 853 111,706 25, 511, 604 724, 780 2,245,226 1,161,695 51,870,599 6,982, 710 1,652 1, 372, 557 115. 324, 617 1,876,125 649, 674 76,134,129 81, 383, 549 6*326 54, 908, 981 511,999 33, 280,702 33,121, 246 221,362 39, 786,408 14,656,484 1,100 18,406, 923 9,259 1,056,211 11,448, 297 1,312, 519 10,763,178 862,389,077 Total. Western States: Illinois Chicago Ohio Cleveland Cincinnati Missouri Kansas City St. Louis..'. St. Joseph Nebraska Omaha Michigan Detroit Minnesota St. Paul Minneapolis Iowa Des Moines Indiana Wisconsin Milwaukee Kansas South Dakota North Dakota Total. $22,209,47!'9 $102, 1,407,799 $347, 699, 375 23,385,804 8,898, 913 152, 719, 395 46,627,378 4,331, 661 77, 307,129 4,791,958 772,176 60,841, 654 630,664 6, 295,403 15,282, 986 107,831 1, 678,106 119, 636, 353 3,934,404 118, 001, 654 37,933,121 3,792,802 3,026,056 88,208,733 3,706,916 5,709,345 65,046,139 8,541, 339 5, 309, 857 47,131, 898 7,424,807 2,768,814 43,546,212 1,447,152 1,472,112 42, 705, 672 16, 678, 515 3, 078,175 34,414, 274 7, 524,924 2,082,242 29, 079, 559 1, 966,640 2,415,143 27, 905,777 11,361,252 54,826, 945 190, 584,034 150,365,502 1,269, 526, 810 18,954,459 4, 984, 611 391,917,187 129, 860, 585 211,483,127 26,634,405 664, 512, 872 222,499,995 4,800,751 111, 755,435 14,863,026 1,018,432,079 4,163, 312 212, 485, 209 138, 615 87, 062,772 9, 524, 284 313, 374,192 264, 310, 389 11,048, 040 848, 059 15,276, 312 858, 507 292, 341, 307 227, 755, 869 178, 724, 488 12, 895, 728 5,069,596 28,822,015 2,244,042 11, 983, 594 885, 608 30, 557, 691 6,947, 099 62, 225, 888 851, 896 11, 72, 527, 858 66, 358, 648 7, 078,086 307,704,754 161, 740,162 24,122,397 13, 004,896 317, 836 217, 636,298 180, 191,169 6, 602, 705 6, 878,186 5, 552,705 29, 257,426 48,291,022 83, 009,961 6, 823, 822 167,410,740 51, 497, 219 25, 558, 040 521,r" 74, 882,966 10, 008,713 9, 599,982 119, 157,265 100, 000 213,748,926 65, 801,353 1,973,180 107, 190, 111 58, 723, 342 9, 652, 089 113, 096, 537 12, 368,454 97, 500 784,431 135, 999, 011 25, 517, 592 214, 000 36,203, 505 29, 847,636 748, 957 92, 531, 690 73, 450, 444 32, 680, 687 1, 357, 841 17,818, 378 125, 307, 350 23,710,841 52, 386, 949 33, 077, 458 1, 850,881 111, 026,129 91, 175,100 1G6, 686, 446 3, 400, 035 14,058, 398 6, 222,640 281, 542, 619 590,224 505,765 33,802, 536 12, 546, 821 20,159,722 124, 182, 211 36, 088,101 1, 755, 631 48, 506,990 10, 553,992 221, 086, 922 334, 398 28, 659, 767 1,046, 578 123, 070, 875 65,152,471 27, 877,662 64,779, 622 13,100 1, 693,187 30, 142, 935 32, 930,400 11, 620, 635 12, 518, 337 58,404, 596 4,189, 618 159,419, 341 72, 686,155 3,912,772 3, 835, 871 33,215,067 12, 660, 622 12, 805, 548, 217 915,453 26, 574,478 14,735,170 1,375,638 2,760, 558, 9721,182, 048, 316J170, 771, 947716, 813, 028 72, 689, 625 4,902, 881, 888 Pacific States and Territories : Colorado California San Francisco .. Washington Oregon Montana Utah N e w Mexico Wyoming Idaho Arizona Nevada Indian Territory Oklahoma Total 110,573,233 22,788, 345 23,076,239 38,080,273 26, 433,159 37, 364, 581 15, 407, 576 11,725,848 4,663,997 4, 680, 711 1,103,444 304,750 1,166, 646 395,170 13,742,633 8, 090, 521 800, 013 4,360, 245 2, 241, 668 145,242 6,648,132 297, 649 3,839,667 8,474,225 1, 057, 564 312,160 1,963, 996 796,366 1, 012, 364 1,634, 642 832,127 70,932 74, 360 81,813 367, 591 68, 391 60,203 297, 763,972 44,753,649 32,225,856 20,360,402 60,330,784 2,711, 961 22, 293, 636 27, 310,020 10, 825, 212 6,970, 371 5,039,856 4, 659, 855 2, 875,040 1, 563,316 1,474,928 422, 534 978, 994 24, 097,785 8,063,277 101,732 27, 027, 713 12,455,409 8, 043,452 1, 572,949 1, 568,099 932,594 2,347, 806 682, 420 376,416 134,102 298, 075 167, 816, 909 87, 701, £ 176, 871, 574 96, 342,665 28,131, 600 94,194, 996 70, 335, 904 65,765, 034 26, 227, 052 20,142 533 11,891, 088 10, 735, 684 3, 494,472 2,237, 907 2, 090, 873 1, 800, 833 610, 262, 215 Total all divisions.7,836, 208, 250.1, 254,693,941 237,908,010 3,101,005,735352, 396, 559 12,782,212,495 Tables are given in the Appendix, pp. 220, showing (1) the amounts of drafts drawn by national banking associations located in the reserve cities, upon all banks in each reserve city; (2) similar information in respect to banks outside of reserve cities; and (3) a tabular statement showing by geographical divisions the amount drawn by national banking associations in each State, reserve city, and geographical division, upon each reserve city. REPORT OF THE COMPTROLLER OF THE CURRENCY. 23 JSTotwithstanding that the total amount of drafts drawn by the national banks of the United States during the year ended June 30,1891, shows a satisfactory increase over the operations of the year immediately preceding that under consideration, it should be remembered that the year ended June 30, 1891, has been one of great depression on account of the monetary stringency which prevailed for the greater part of that period, and the consequent liquidations which have been in progress. While by far the larger part of the banking business is conducted through associations belonging to the national system, it is necessary to take into consideration the operations of banks other than national in order to arrive at a proper estimate of the magnitude of the business liquidated through the agency of the banking institutions of the country. In the collection of statistics required by the statute the Comptroller has this year received reports from 4,342 corporations or firms other than national banks which do a commercial banking business, in whole or in part. Of these 2,572 are State banks, 171 loan and trust companies, 364 are savings banks having capital stock, and 1,235 are private bankers. These represent a capital of $356,749,315. If the domestic exchange drawn by these banking institutions bears the same relation to their capital stock as in the case of national banks, it will be found that the amount of drafts drawn by banks and bankers other than national will amount to $6,743,157,040. In order to arrive at the grand total of domestic exchange drawn by all the banks and bankers of the United States the following statement has been prepared, exhibiting the amounts of drafts drawn by— 3,637 national banks, official 4,342 State banks, private banks, etc Total $12,782,212,495 6,743,157,040 19,525,369,535 As there are many banks other than national that do not report to the Comptroller of the Currency, with regard to which no statistics are accessible, it is probable that the amount estimated as drawn by these institutions in the above table is understated. The magnitude of the operations thus indicated illustrates how indispensable banks are to the safe and economical conduct of the business of the country. This immense total of nearly $20,000,000,000 represents simply the net balances between various localities adjusted through the agency of banks, and bears a very small proportion to the gross transactions which are taking place between the banks and their customers. Some idea can be formed of the magnitude of the total transactions of national banks by consideration of the fact that on the first day of July, 1890, the receipts by 3,364 national banks of the United States aggregated $421,824,726. If we take $421,000,000 as the average daily transactions of the national banks, and multiply this by 307 as the number of business days in the year, it will be found that the total receipts of these banks for a single year would amount to $129,247,000,000, or a sum greatly in excess of the estimated value of all the real and personal property of Great Britain and the United States combined. When we come to realize with what economy and safety this immense business is transacted the importance of perpetuating and perfecting the national banking system can not fail to command attention. In another part of this report will be found a statement of the average annual losses by reason of the failure of national banks. When 24 REPORT OF THE COMPTROLLER OF THE CURRENCY. this comparatively small loss is placed against the immense transactions which have taken place through these agencies the conspicuous fidelity of the associations constituting the system must be recognized by every impartial observer. EXAMINATIONS. The national-bank act was perfected writh great care, and in its provisions were embodied all those salutary restraints which previous legislation and the banking experience of the world for many centuries had demonstrated to be conducive to the safe and successful conduct of banks'lorganized for commercial business. The wisdom of those who were responsible for its preparation has been vindicated by the unexampled success which has attended banks organized under it during the past twenty-nine years. No system has ever issued notes circulating at par over so wide an area of country, absolutely without loss to holders; nor has any other afforded such complete security to depositors and creditors. The administration of this act was committed to a Bureau of which the Comptroller of the Currency is the chief officer, and all the provisions incident to the organization, supervision, and closing of associations are designed to be executed through the operation of the agency so created. The duties of the Comptroller of the Currency, as the chief executive officer, are set forth with great clearness and particularity. So far as the proceedings incident to the organization of new associations are concerned, up to and including the certificate authorizing them to begin business, they are so conducted as to make it possible for the Comptroller to personally supervise the details and see that the law is obeyed. It is impossible, however, for him to personally visit the various associations after organization is completed and ascertain for himself that the conduct of their affairs is in every particular in conformity with law. His information in relation to matters incident to the internal management of a bank reaches him through two channels. First, through what are known as " reports of condition," which are required to be made by each association, upon call of the Comptroller, for some past date, at least five times a year, and, secondly, through reports made by national-bank examiners. Eeports of condition are made upon the oath or affirmation of the president or cashier, attested by at least three directors, and are required to be published in some newspaper issued in the locality where the bank is situated. The report prepared in these cases is substantially a trial balance from the general ledger, under such classifications as the Comptroller directs, showing in detail the entire resources of the association upon the one Land, and its entire liabilities upon the other. If. correctly and honestly made, these published reports afford to the shareholders and creditors of the association an opportunity to form a reasonably correct judgment as to its solvency, its earnings, and the value of its shares. Certain schedules accompany these reports, which are designed to disclose such facts as will indicate whether or not any provision of the national-bank act has been violated. This system of reports, especially so far as it applies to banks under honest management, is no doubt to a certain degree effective in preventing unwise and unlawful acts on the part of those directly charged with the management. As severe penalties are imposed upon any officer or employ £ who makes or aids or abets others in making any false report or statement REPORT OF THE COMPTROLLER OF THE CURRENCY. 25 of the association with, intent to defraud or deceive, even those whose honesty may be brought in question are constrained through fear to make truthful reports. It sometimes occurs, however, that banks fall under the management of those who are utterly wanting in integrity and are undeterred by the penalties of the law. Occasionally the active officers of the bank enter into such collusion as renders it comparatively safe, in their opinion, to make reports which are designed to cover up unlawful practices, and to either overstate the value of the bank's resources, or understate its liabilities, so that the published reX>ort thus made serves to grossly deceive those for whose benefit the publication has been wisely ordered. As banks under honest management are usually conducted in obedience to law, it is clear that the value of governmental supervision is determined by the success it may achieve in ascertaining facts hidden from view by bank managers whose purpose it is to keep from the knowledge of the Comptroller conditions which might involve impairment of capital, insolvency, or criminality. The agency provided by law for ascertaining with greater certainty the condition of these associations is through the periodical visits of examiners appointed for the purpose. The authority for the appointment of national-bank examiners is found in section 5240 of the Eevised Statutes of the United States, wherein it is provided that— The Comptroller, with the approval of the Secretary of the Treasury, shall, as often as shall be deemed necessary or proper, appoint a suitable person or persons to make an examination of the affairs of every banking association, who shall have power to make a thorough examination into all the affairs of the association, and, in doing so, to examine any of the officers and agents thereof on oath; and shall make a full and detailed report of the condition of the association to the Comptroller. This brief paragraph contains the only provision of law for the appointment of national-bank examiners, and is the only place where his rights, powers, and duties are set forth. It is apparent that these examiners were to be the confidential agents of the Comptroller, and as such to have such duties and to exercise such powers, within the law, as the Comptroller might from time to time direct. As has been said, these examiners have always been regarded as the confidential agents of the Comptroller, and the various communications and reports transmitted by them to him have always been considered as confidential and privileged. The relations existing between the Comptroller and his examiners is of such a character that they must necessarily possess his entire confidence. Any information which might lead him to entertain a reasonable doubt as to the skill or integrity of an examiner would make it his duty to immediately suspend him, even though the information might be of such a character as could not be substantiated by competent proof, or of such a confidential nature as would make it necessary for the Comptroller, to withhold the character of the charges from the examiner himself. The Comptroller would be derelict in duty who would continue to employ the services of an examiner who had so conducted himself as to impair that complete confidence which must from the necessities of the case exist on the part of his superior officer. Inasmuch as the original purpose of those who framed the nationalbank act was to make a market for the securities of the United States, to provide notes for circulation, and to create fiscal agencies for the service of the Government, it is fair to presume that they had in view 26 REPORT OF THE COMPTROLLER OF THE CURRENCY. such, an examination as would enable the Comptroller to ascertain whether or not the various provisions of law had been complied with, and to see that the interests of the Government were protected, so far as they were involved in deposits of public moneys or the issuing of circulating notes. Among other requirements the national-bank act provides that the capital stock of an association shall be fully paid in cash, and that each director shall be a citizen of the United States and the bona fide owner of at least ten shares of the capital stock; that loans shall be made only on personal security; that real estate, when lawfully held, shall be disposed of within the period of five years; that a list of shareholders shall be correctly prepared and kept subject to the inspection of creditors and shareholders; that a reserve of lawful money shall be held against deposits; that dividends shall not be made until earned; that loans to any one person, corporation, or firm shall not exceed in amount 10 per cent of the capital paid in; that the liabilities of the association under section 5202 of the Eevised Statutes of the United States shall not exceed the amount of its capital stock actually paid in; that checks shall not be certified in excess of the drawer's deposit, and that loans shall not be made while the lawful money reserve is deficient. It would seem to be the duty of an examiner in making an official visit to an association to ascertain whether or not these requirements had been fully complied with and to report any disobedience of these provisions of law brought to his attention. He is also expected upon occasion to ascertain and report to the Comptroller as to whether or not the latter can properly approve a proposed increase or reduction of capital, and as to the propriety of permitting an association desiring to do so to extend its corporate existence or go into voluntary liquidation. Inasmuch as the Comptroller is authorized to require any association whose capital becomes impaired to pay the deficiency by assessment upon its shareholders and to appoint a receiver to close up its business in case it fails to make good its capital within three months after being notified so to do, and inasmuch as the Comptroller is further authorized to appoint a receiver for any association which he shall become satisfied is insolvent, it would appear to be the duty of an examiner to not only ascertain but verify the liabilities and resources of an association and make such an estimate of the value of the latter as will enable the Comptroller upon his report to determine with reasonable certainty whether or not impairment of capital or insolvency exists. So far as can be deduced from the provisions of the act under which national-banking associations are organized and operated, an examiner's duties are al)ove substantially set forth. In the letter of instructions addressed to examiners, and upon the blank reports furnished for their use are found directions covering the requirements of the law as above expressed. Much, however, must be left to the discretion and intelligence of the examiner himself. No cast-iron rules, covering minute details, can be issued to examiners as a class, for the reason that what would be practicable, proper, and necessary in the case of a small bank located in some obscure hamlet, would not be applicable in the case of a large association in a central reserve city. As a rule examiners find the greatest difficulty in so directing their efforts as to ascertain whether or not impairment or insolvency exists. They are directed to verify every credit and debt balance, to personally count the cash, and to list and verify the loans and discounts and other assets of the association. This verification can not, of course, be exhaustive, for the reason that the compensation awarded examiners by REPORT OF THE COMPTROLLER OF THE CURRENCY. 27 law would not cover the-time necessarily employed to this end. Nor would national banks, as a class, be willing to surrender their books and suffer interference with their business for a sufficient length of time to permit the examiner to make a complete audit of their affairs, even if they were willing to submit to the expense necessarily attending it. The liabilities of a bank are represented to a large extent by pass books in the hands of a multitude of depositors, by drafts issued to a large number of purchasers and by them transmitted to distant points, a large amount (several days' issue at least) always being in transit and unpaid; in certificates of deposit and other like evidences of indebtedness held by persons unknown and inaccessible to the examiner, in balances due to other banks, and in bills payable and rediscounts, usually in the hands of distant correspondents of the association. It is obvious, therefore, that it would be absolutely impracticable for the examiner to make such a complete verification as would demonstrate beyond question that the entries stating these liabilities upon the books of the bank precisely correspond with the amounts represented by these various evidences of indebtedness. Some of these accounts may in a certain degree be verified by correspondence with the distant creditors, but to call in all the pass books, certificates of deposit, and drafts in transit would be obviously impracticable. The examinations, and reports based thereon, have undergone a gradual process of evolution during the more than quarter of a century that the national-banking system has been in existence. From year to year the attention of the Comptroller has been called to new and novel devices adopted by those who sought to cover up their criminality or prevent the discovery of serious losses. This has led to increased vigilance upon the part of examiners and to the adoption of such measures as would, so far as possible, prevent the success of such devices in the future. So, under the exigencies of the service the scope and details of examinations have undergone gradual transformation and enlargement, making them more and more effective and valuable as the age of the system and experience in the wiles of dishonest bank officials increases. The small losses suffered by creditors of national banks in- the past have led some part of the general public to feel that governmental supervision should bo of such a character as to absolutely prevent these associations from becoming insolvent and that in case such failures occur those charged with the administration of the law are necessarily derelict in duty. It is apparent, however, that such is very far from being the case. It will be observed that the duties of the Comptroller, and in some sense the examiners, are largely negative; that the law consists in large part of necessary limitations and restrictions upon the operations of the associations organized under its authority. The Comptroller is therefore mainly charged with the responsibility of indicating to bank managers what they shall not do. The affairs of each association are, however, wisely placed under the control of a board of directors elected by the shareholders, which is alone vested with the power to direct its management. It is apparent that it would be impracticable for any Bureau of the General Government to undertake to participate to any degree in the receiving of deposits, in the making of loans, and in the thousand details incident to the management of each particular bank. It would be in the highest degree unfortunate and unwise for the Government to attempt to 28 REPORT OF THE COMPTROLLER OF THE CURRENCY. usurp in any manner the duties which are and must be devolved upon the representatives of the shareholders of the various banks — upon its directors and officers. That the limitations and restraints imposed by the national-bank act, supplemented by the periodical reports required and published, have done much to promote the success of the banks constituting the national system, and the security of the various creditors is demonstrated by its history. It is, however, indisputable, and conceded by all those informed as to the facts, that the system of examinations provided for in the brief paragraph quoted at the beginning of this article is of paramount importance and absolutely indispensable to the conspicuous success which has attended the operations of these associations from the inauguration of the system. The officers directly in charge of the various banks and the employes to whom are committed the details incident to the proper conduct of the business, are actuated by the same motives which inspire humanity generally and are subject to the same temptations and the same ambitions. In the opinion of the Comptroller, every such officer and employe will admit that the expected * visit of a skilled examiner who is to inspect and criticise the work upon which he is engaged incites him to greater diligence, promptness, and accuracy, tends to deter him from entering upon operations inconsistent with good banking, and strengthens him in his efforts to overcome those temptations to disobey the law which come to every bank manager through the pressure ot customers in the most varied and insidious forms. That the visits of an examiner should be always welcome to those in charge of a bank is not to be expected. Those, however, who are conscious of having discharged their duties with fidelity and ability gladly welcome the inspection of an expert who can properly appreciate the results of their faithfulness. The officer in charge who earnestly desires an honorable and successful career will gladly accept the services of one who can aid him in verifying the various accounts of the bank and in establishing the fidelity and ability of those subordinates who are entrusted with the details of business. The directors of any association who are disposed to fulfill the important duties imposed by law and to merit the confidence reposed in them by their shareholders, hail with pleasure the visit of one whose sole object is to reinforce their efforts to contribute to the safety and success of the institution which has been committed to their care and direction. Unfortunately dereliction of duty on the part of directors is the chiel cause of failure upon the part of corporations generally and of national banks particularly. It is this inattention to duty upon the part of those chosen to represent the shareholders in the management of national banks which has made the visits of the examiner an absolute necessity. It has become a habit on the part of the general public whenever the failure of a national bank occurs to at once challenge the integrity or skill of the examiner charged with its supervision, oblivious of the fact that Ms energy, his experience, and his devotion to duty may have pre-. vented the failure of a score of more or less embarrassed institutions as to whose mismanagement they are of necessity entirely uninformed. The bank examiner as a rule faithfully discharges his duty. Every disobedience of law, and everything indicating impairment of capital, insolvency, or criminality are in most instances faithfully reported to the Comptroller of the Currency. In every such case the Comptroller applies the remedy named in the law. If the report indicates a minor REPOKT OF THE COMPTROLLER OF THE CURRENCY. 29 disobedience of law or of tlie rules of sound banking, caution or .reproof is administered. If impairment of capital is indicated he immediately issues a notification that it be made good by assessment upon the shareholders. In case insolvency is shown to his satisfaction a receiver is appointed. The great service performed through the agency of bank examiners consists largely, however, in meeting dangerous and unlawful practices at the threshold. The number of cases of this kind which have been arrested at the beginning, and severe loss, if not insolvency, prevented by the prompt and timely action of bank examiners is very great, although necessarily unknown to the general public, and hence unappreciated by those whose interests have been protected. The Comptroller feels the need continually of one or more supervising examiners of approved skill and unquestioned integrity who might visit the various examiners in the field and bring the work into greater uniformity and in many ways increase its efficiency. Although the instructions are explicit and the blanks so arranged as to constantly remind these officers of what a complete examination should consist, yet the Comptroller can not always feel assured that these are fully understood and faithfully obeyed. And, again, when failures multiply and exigencies arise making extra precautions necessary, the services of one or more conspicuously capable examiners who are not permanently assigned to any particulary district would be invaluable. The Comptroller also calls attention to the fact that assistant examiners are needed in all the large cities, and that no such office now exists. He therefore recommends that the law be so amended as to provide for the appointment of not more than three supervising examiners who shall receive an annual salary to be paid from the public funds; that the Comptroller be empowered to appoint as many assistant examiners as may in his judgment be necessary, to be paid such compensation as maybe fixed by the Comptroller from the fees of the examiners by whom they are employed. That each supervising examiner, examiner, and assistant examiner be required to take an oath before entering upon the discharge of his duties, and also to give bonds in such amount and with such sureties as may be satisfactory to the Comptroller. CERTIFICATES OF STOCK. Section 5139 of the Eevised Statutes of the United States provides that "The capital stock of each association shall be divided into shares of one hundred dollars each, and be deemed personal property, and transferable on the books of the association in such manner as may be prescribed in the by-laws or articles of association." The reports of examiners indicate that too little care is taken in the transfer of stock and in the issuing of certificates. In many cases boards of directors neglect to prescribe in the by-laws the manner in which the transfers are to be made, and, as a rule, the articles of association are silent upon the subject. In other instances the by-laws set forth in general terms the manner in which such transfers shall be effected, but it is frequently found that they are not obeyed, and that the transfers are of a very irregular character, and in many cases not lawfully executed. In some banks no stock ledger is found; in others, certificates are signed in blank and left for some subordinate to fill out and deliver when occasion shall require. In other banks certificates surrendered for transfer are not 30 REPORT OF THE COMPTROLLER OF THE CURRENCY. properly cancelled and preserved, and in newly organized banks they are occasionally issued to shareholders prior to their having paid in full for the same. Where banks are increasing their capital, certificates are sometimes issued before the increase has been submitted to and approved by the Comptroller. These are a few examples of irregular practices on the part of banks which have been brought to the attention of the Comptroller by recent examinations. The shareholders of national banks are its proprietors and' the certificates of stock issued to them are the evidence of their proprietorship. The importance of preserving the record of such ownership is evidently not sufficiently appreciated. While it is true that overissues of stock are comparatively infrequent it is nevertheless the fact that examiners often find difficulty in verifying trial balances taken from stock ledgers. While in most cases this is simply an evidence of carelessness and lack of system, yet, the examiner can not always be sure that the future may not develop that a more serious condition exists. One remedy suggested for this state of things is that all transfers of stock be registered by a corporation acting in the capacity of an agent for that purpose. This is a very valuable safeguard, and is comparatively convenient and inexpensive for banks situated in large cities. This plan is certainly worthy of investigation by all boards of directors, and it is recommended to their favorable consideration. The added value attached to shares by reason of this registration would, in the opinion of the Comptroller, exceed the slight cost which such registration would involve. As the system is, however, largely composed of banks with small capital, located outside of the larger cities, in a great majority of cases this plan would not be deemed feasible, and therefore the remedy, so far as it applies to the system generally, must be found in the greater care and activity of the directors of the several associations. They should first see that proper by-laws regulating the transfer of shares are adopted. Proper books should be furnished for recording the transfer of shares, in accordance with the terms of the by-laws, and provision made for the frequent examination of the certificate book, stock ledger, and transfer book by a committee charged with this special duty. The signing of certificates in blank should be forbidden, and great care should be exercised in the cancellation and preservation of surrendered certificates. As it is important in the enforcement of the individual liability of shareholders in the case of insolvent banks whose assets prove insufficient to pay their debts that the question of proprietorship should be definitely determined, it is recommended that a receipt be taken from each shareholder upon delivery to him of the certificate representing the stock of which he is the owner. OFFICERS AND DIRECTORS AS BORROWERS. While the failures of the year just closed have been in large part due to well-defined causes, which have been operating with moro or less severity in all parts of the civilized world, supplemented by the local influences to which allusion has been made, it is evident that some features of the more important ones are suggestive of needed changes in the national-bank act. In almost every instance an investigation of the affairs of an insolvent bank discloses the fact that the officers and directors have too freely used the funds of the association for their own purposes, either in a lawful or unlawful manner. REPORT OF THE COMPTROLLER OF THE CURRENCY. 31 The facility with, which the active officers of a bank may borrow its funds seems to make it necessary that some added restriction shonld be placed upon transactions of this kind. In the organization of a national bank those who contribute the funds which constitute its capital should dedicate the same to the business of banking, and not to the creation of an instrumentality through which they may proceed to borrow to an amount largely in excess of the sum contributed by them to the original capital. The principal limitation as to loans and discounts is found in section 5200 of the Eevised Statutes of the United States, which reads as follows: The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. This limitation is found to be wholesome in its general application, but recent events indicate that additional safeguards are needed. In my opinion some limitation should be placed upon the amount of commercial or business paper which may be discounted by an association for any person, company, corporation, or firm, and a similar restriction should be placed upon indirect liabilities resulting from guaranty or endorsement. If it is deemed necessary to limit direct loans to 10 per cent of the capital paid in it would for the same reason follow that indirect liabilities should be subject to some limitation. Just what the extent of the restrictions should be is not so easily determined, but, in my judgment, the direct and indirect liabilities, in the case of a director, should not exceed 20 per cent of the capital paid in. The active officers of the bank, who are charged with the custody ot its assets and the handling of its funds, should not, in my opinion, be permitted to appear as borrowers or become in any way liable to the association with which they are connected. While this might work hardship in exceptional cases it would without doubt add greatly to the security of the creditors of the banks as a whole. It would be unwise to forbid an association to loan to or discount for its several directors, as they are usually selected from among the leading men in the various branches of business, for the reason that they possess information which is of great value in passing upon paper offered by those engaged in the same line of trade with themselves. There seems to be no serious objection, however, to placing some limit upon their indirect as well as direct liabilities. The Comptroller, therefore, takes this opportunity to recommend that the active officers of a bank be excluded from incurring liabilities to the association with which they are connected, and that the direct and indirect liabilities of a director be confined to 20 per cent of the paid-up capital, leaving the limitations contained in section 5200 United States Eevised Statutes intact. The Comptroller is also of opinion that the publication of the liabilities of officers and directors would afford a valuable safeguard. The Comptroller also desires to call attention to the fact that no suitable penalty is provided by law for violations of section 5200 United States Eevised Statutes. Aside from the power to bring suit for forfeiture of franchise under the general provisions of law laying the groundwork for enforcing the 32 REPORT OF THE COMPTROLLER OF THE CURRENCY. liability of directors, the Comptroller is without the power to enforce obedience to the limitations of the section quoted. The remedy provided is so severe as to make it entirely useless, no Comptroller having ever brought suit to forfeit the franchise of an active bank. The reason for this is obvious, as such a j>roceeding would destroy the bank, thereby greatly aggravating instead of affording a remedy for the evil complained of. The Comptroller should be empowered by law to inflict such a penalty, by way of fine or assessment, as would make excessive loans highly unprofitable, and yet not so severe as to prevent its being promptly and invariably imposed in every case brought to his notice. BONDS OF BANK OFFICERS. Circumstances attending recent failures have served to call the attention of the Comptroller to the fact that much greater care should be exercised by boards of directors in the matter of the official bonds of the officers and employes of their several banks. The general verdict of those most experienced in the management of banks is in favor of requiring official bonds from all who occupy places of trust, and especially those who handle cash or convertible securities. Under the national-bank act it is left discretionary with boards of directors whether or not they shall require official bonds. This matter should be taken up, fully discussed, and definitely decided by each board of directors. At the time of organization the matter usually has attention and certain requirements are decided upon but are inefficiently carried out. Frequently the by-laws of an association contain all that is necessary in relation to bonds, but the reports of bank examiners disclose the fact that these by-laws often become obsolete by reason of inattention to their enforcement. There are various phases of this subject which should be considered by those responsible for the management of a bank. In the first place it is necessary that the board of directors should decide as to the particular officers and employes who shall give official bonds and determine upon the amount in each case. Ordinarily this covers the entire action of the board in relation to the matter. This, however, does not constitute the full measure of their duty. Great care should be taken in preparing the form of the bond required so that in case it becomes forfeited the penalty can be enforced. Not only should the form of the bond have careful attention but its terms should be such as to cover not only criminal acts but such as involve a lack of due diligence on the part of the officers or employes. In this connection it is proper to say that the Comptroller is in receipt of information, from a source which entitles it to the highest consideration, that bonds are habitually offered and frequently accepted which guarantee the bank only against such misconduct of the officer as amounts to embezzlement or larceny and do not secure it against gross carelessness or against connivance at or the overlooking of its spoliation by others. This warning should be heeded and every board of directors should promptly order an examination of all official bonds in their custody by competent counsel so that their bank may not suffer through their neglect when an exigency arises. Again, it is important that the sureties should be of such a character as to insure the collection of the penalty in case of forfeiture. If the surety is an incorporated company, as is common now? its solvency REPORT OF THE COMPTROLLER OF THE CURRENCY 33 should be fully ascertained, and the necessary information procured as to its right to enter into such a contract under its charter. It is also important that this class of bonds should be examined with especial care as to whether they are broad enough in their terms to properly protect the bank in case of the unfaithfulness of the principal. In case natural persons are accepted as surety similar care should be exercised. No one should be accepted as surety upon such a bond whose responsibility for the penalty is not fully established. In addition to this it is well to reject all those who are not of such high character and established integrity as to unhesitatingly meet any losses which may occur, regarding it as a moral as well as a legal Obligation. It is quite frequently the case that a bond prepared and executed, with satisfactory sureties, is found in the custody of or accessible to the identical officer for whose faithful performance of duty it is the bank's only security. It is the duty of every board of directors to see that the custody of these bonds is committed to those who can have no interest in their becoming mislaid or destroyed, and who will faithfully keep and produce them when wanted. The bond having been properly prepared and executed, signed bysureties known to be responsible and deposited in secure hands, it remains for the board of directors to make a periodical examination in order that their existence and safety may be verified, and for the further purpose of ascertaining that the security once deemed satisfactory has not become impaired by death, removal, insolvency, or some other cause which would put the interests of the bank in jeopardy. At the regular, annual visit of the examiner inquiry is made as to whether the by-laws require official bonds, and if so whether or not they have been executed in accordance therewith, and also as to their custody. He is instructed to call the attention of officers to any circumstances developed by his examination which would tend to impair the security of the association. His suggestions in relation to this matter, however, are usually necessarily made to the active officers of th& bank, who are the identical persons from whom official bonds are required. It is often impracticable for him to call the attention of the board of directors of the bank to the necessity for the desired action in a given case. The danger lurking here is greatly aggravated by the fact that, as a rule, the active officers possess the unbounded confidence of the board of directors, and this confidence generally remains unshaken until the commission of some act which makes necessary a resort to the sureties upon the official bond. Unless the precautions above alluded to have had attention prior to the discovery of the unfaithfulness of the trusted officer or employe* the directors awaken too late to the fact that they have been derelict in duty. J1167 3 34 REPORT OF THE COMPTROLLER OF THE CURRENCY. CLOSED NATIONAL BANKS. The following statement exhibits the title, capital, and circulation issued, redeemed, and outstanding of associations which were closed to business during the year ended October 31, 1891. Of these 66 associations 41 went into voluntary liquidation and 25 into the hands of receivers. NATIONAL BANKS CLOSED DURING THE YEAR ENDED OCTOBER 31, 1891, STATE AND TERRITORY, WITH CAPITAL AND CIRCULATION. Name ami location of bank. Date of authority to commence business. Date of closing. Capital stock. First National Bank of Meado Center, Kans | May 5,1887 Oct. 17,1890 $50,000 Sandy River National Bank of | Farmington, Me | Mar. 16,1865 Nov. 1,1890 75, 000 First National Bank of Alma, Kans | Aug. 3,1887 Nov. 10,1890 75,000 First National Bank of BelleAug. 28,1885 j Dec. 2,1890 ville, Kans 50,000 German American National Bank of Kansas City, Mo — Sept. 24,1887 I Dec. 5,1890 250, 000 American National Bank of Arkansas City, Kans 300,000 Mar. 15,1889 Dec. 8,1890 ^ii&auaas v^iiry, ivniia Spokane National Bank of SpoJan. 24,1888 kane Falls, Wash First National Bank of Hill July 25,1887 City,Kans German N a t i o n a l B a n k of Jan. 18,1871 Evansville, Ind. City National Bank of HastDec. 27,1883 ings, Nebr ngs People's opL National Bank of FayJune 27,1872 etteville, N. C First National Bank of FrankNov. 3,1882 fort, Kans Farmers' and Merchants' National Bank of Yandalia, 111.. Jan. 31,1871 Second National Bank of O wosNov. 14,1885 so, Mich West Side National Bank of ! Wichita, Kans July 19,1887 Anthony National Bank of An- I thony, Kans Sept. 16,1885 Union National Bank of Oshkosh, Wis Feb. 9,1871 First National Bank of Ellsworth, Kans Sept. 11,1884 Mercantile National Bank of | Louisiana, Mo Jan. 19,1884 Commercial National Bank of May 8,1878 Rochester, N. Y . National Bank of Eldorado, Aug. 22,1883 Kans . First National Bank of Suffolk, Va. May 25,1889 Citizens' National Bank of Medicine Lodge, Kans. Nov. 30,1886 Rome National Bank of Rome, Ga. July 15,1890 Windsor National B a n k of Windsor, Vt. Oct. 18,1884 Beadle County National Bank of Huron, S. Dak June 30,1883 Pratt County National Bank of Pratt* Kans. Sept. 8,1887 National Bank of Chester, S. C.. Mar. 22,1871 Second National Bank of MePherson, Kans. Sept. 16,1887 American National Bank of Sioux City, Iowa Nov. 14,1888 Keystone National Bank of Philadelphia, Pa July 30,1875 United States National Bank of Atchison, Kans Dec. 30,1886 Merchants' National Bank of Binghamton, N. Y Feb. 24,1874 IN EACH Circulation. Issued. ReOutdeemed. standing. $10,750 $4, 470 $6, 280 58, 260 13, 602 44,658 16,875 6,830 10,045 11,250 4,850 6,400 45, 000 12, 600 32,400 45,000 45, 000 Dec. 18,1890 100, 000 21, 700 Dec. 20,1890 50, 000 10,750 3,410 7,340 Dec. 24,1890 250,000 .98, 030 12,810 85, 220 Dec. 27,1890 100,000 22,500 6,250 16,250 Dec. 31,1890 125, 000 28,800 9,385 19,415 Jan. 8,1891 100, 000 22,500 6,422 16,078 Jan. 10,1891 100,000 22, 500 5,410 17, 090 Jan. 13,1891 60,000 13,500 4,400 9,100 100,000 22,500 6,490 16,010 ....do ....do Jan. 23,1891 21,700 50,000 10,750 1,920 8,830 200, 000 45, 000 10, 430 34,570 7,980 Jan. 26,1891 50, 000 10, 750 2,770 Jan. 27,1891 50,000 11, 250 2,960 8,290 200,000 41,820 11, 590 30, 230 7,560 ....do 9,1891 50, 000 10,745 3,185 Feb. 12,1891 50,000 11,250 2,940 8,310 Feb. 19,1891 50, 000 11, 250 3,000 8,250 Feb. 23,1891 100, 000 22,500 6,740 15,760 Feb. 24,1891 50,000 22,500 5,820 16,680 Feb. 26,1891 100,000 22,500 3,960 18,540 .do . Mar. 2,1891 50,000 150, 000 11,250 33,250 9,290 11,250 23, 960 50, 000 11,250 2,720 8,530 150,000 33,750 8,430 25,320 Feb. ....do Mar. 12,1891 Mar. 20,1891 500,000 41,180 Mar. 24,1891 250,000 45,000 10,400 34, 600 ....do 100,000 6r, 638 11,940 49,698 41,180 REPORT OF THE COMPTROLLER OF THE CURRENCY. 35 NATIONAL BANKS CLOSED DURING THE YEAR ENDED OCTOBER 31, 1891, IN EACH STATE AND TERRITORY, ETC.—Continued. Name and location of bank. Washington National Bank of the city of New York, N. Y.. First National Bank of Ashland Kans Spring Garden National Bank of Philadelphia, Pa First National Bank of Burr Oak, Kans First National Bank of Eed Cloud, Nebr Glenwood National Bank of Glen wood Springs, Colo First National Bank of Cardiff, Tenn National City Bank of Marshall, Mich First National Bank of Grand Haven, Mich Central Nebraska National Bank of Broken Bow, Nebr .. Florence National Bank of Florence, Ala East Saginaw National Bank of East Saginaw, Mich Twin City National Bank of New Brighton, Minn Red Cloud National Bank of Eed Cloud, Nebr First National Bank of Merced, Cal National Bank of Union County, Morganfield, Ky Asbury Park National Bank of Asbury Park. N. J Ninth National Bank of Dallas, Tex Citkens' National Bank of Yatesville, Tex Citizens' National Bank of Belton, Tex Second National Bank of Aurora, 111 First National Bank of Kansas City, Kans First National Bank of Palatka,Fla .". Farley National Bank of Montgomery, Ala Ord National Bank of Ord, Nebr First National Bank of Indianola, Nebr National Bank of Anderson, SC Eio Grande National Bank of Laredo, Tex First National Bank of Coldwater, Kans First National Bank of Flushing, Mich First National Bank of Clearfield, Pa First National Bank of Francestown, N. H Columbus National Bank of New York,N.Y Date of authority to commence business. Date of closing. Circulation. Capital stock. Redeemed Outstanding. $45,000 $12, 310 $32, 690 Issued. June 5,1890 Apr. 13,1891 $300, 000 May 20,1887 Apr. 15,1891 50, 000 11,250 8,1891 750,000 45,000 May 5,1888 May 15,1891 50,000 11, 250 Nov. 8,1882 May 22,1891 75, 000 16, 225 June 13,1887 May 23,1891 Mar. 13,1886 May 2,510 8,740 16, 225 100, 000 22, 500 2,940 50,000 11, 250 1,460 July 29,1872 June 3,1891 100, 000 44,000 July 25,1871 June 5,1891 200,000 45,000 Sept. 28,1888 June 12,1891 60,000 13,500 Oct. 8,380 45, 000 8,1890 May 25,1891 May 19,560 9,790 44,000 9,112 35,888 13,500 3,1889 June 22,1891 100, 000 12, 900 Feb. 13,1884 June 23,1891 150, 000 33,750 2,310 31,440 1,250 10,000 37,690 May 12,900 7,1890 . . . . d o 50,000 11, 250 May 10,1884 June 26,1891 75,000 16,875 June 23,1887 June 30,1891 200,000 43,400 5,710 10,845 Dec. 16,875 3,i874 . . . . d o 100,000 88,090 Sept. 17,1887 July 1,1891 100,000 20,700 20,700 Sept. 12,1890 . . . . d o Aug. 5,1890 . . . . d o Nov. 30,1889 .do 300, 000 45,000 45,000 50,000 11,250 50,000 Dec. 27,1871 July ] 3,1891 100,000 77,245 1,490 9,760 10, 750 980 9,770 22, 500 1,780 May 17,1887 July 16,1891 150,000 33,750 July 15,1884 July 17,1891 150, 000 33,750 Dec. 18,1889 A u g . 31,1891 100,000 22, 500 20,720 33,750 100 33,650 22, 500 Apr. 7,1886 A u g . 22,1891 50,000 11, 250 Apr. 8,1886 A u g . 31,1891 50, 000 11,250 10,427 Dec. 20,1872 Sept. 1,1891 50, 000 14,050 13,3C0 Oct. 28,1889 Sept. 14,1891 100,000 22,500 22,500 52,000 11,200 11,200 May 9,1887 Sept. 21,1891 May 26,1882 1,070 10,180 ...do....... 50,000 11, 250 11,250 Jan. 30,1865 Sept. 29,1891 Nov. 19,1864 Oct. 10,1891 100,000 85, 340 85,340 100,000 61,135 61,135 Jan. 27,1891 Oct. 15,1891 200,000 45,000 45,000 8,147,000 1,851,963 Total. 2,870 253,274 RESUMPTION OF BUSINESS BY CI OSED BANKS. A conspicuous feature of the operations of this Bureau for the report year has been the resumption of business by banks which had voluntarily closed their doors to business. 36 REPORT OF THE COMPTROLLER OF THE CURRENCY. Ordinarily the closing of a national bank serves to so greatly impair its credit as to render its resuscitation both impracticable and undesirable. In most cases the dishonesty or mismanagement which necessitates the closing of its doors causes such an impairment of confidence as to prevent the bank, even under new and. competent management, from regaining its former position and securing the necessary support from the general public. Ordinarily it is deemed better to organize a new association, with an entirely new title, than to endeavor to reopen one which has been closed. Occasionally, however, it occurs that the closing of a bank may result from causes which neither seriously affect its credit nor greatly impair its capital. In some such cases the confidence of the community is not withdrawn, and the good will of the association, which may have had a long and honorable career, is deemed by its shareholders worthy of preservation. It has been the policy of the Comptroller in every such case to encourage the adoption of measures that would enable him to withdraw the examiner or receiver and permit the bank to resume business at as early a date as possible. He has, however, invariably made it a condition precedent that the affairs of the association should be put in a satisfactory condition. This would imply that its capital should be unimpaired, that its cash should be substantially equal to its demand liabilities, and that all doubtful and worthless assets should be eliminated; that all its affairs should be placed in strict compliance with law and such changes made in its board of directors and officers as would exclude those who had been guilty of mismanaging its affairs, and generally such measures enforced as would insure a prudent, conservative, and law-abiding course in the future. This policy has only been adopted in cases where the Comptroller was led to believe that the conditions were, to a marked degree, favorable to a successful future career. The failure of a bank is always a calamity, even where the assets of the failed institution are sufficient to ultimately pay in full its liabilities. The delay necessarily incident to converting these assets into cash and dividing them among the several claimants is the cause of much inconvenience and loss to a large number of depositors. A national bank is organized for the purpose of conducting a commercial business, and is ordinarily the depositary for the current cash receipts of persons engaged in every form of manufacturing, industrial, and commercial business. Most of these enterprises are conducted with capital barely sufficient to form a basis of credit, the latter being mainly relied upon and of, by far, the greater importance. Every such firm engaged in business is liable to have its credit destroyed by the locking up of its cash resources, resulting in the dishonoring of its paper and subsequent failure. All classes, however, are represented among the creditors of these insolvent banks. The desire to find a safe depository for funds temporarily idle moves all alike. The rich and the poor, young and old, capitalist and laborer, all appear as claimants. An investigation of the affairs of an insolvent bank invariably discloses cases of peculiar hardship and frequently brings to light such misfortunes as are calculated to arouse the sympathies of the most indifferent. It is therefore a matter of great importance to the creditors of a failed association that their balances be made available at the earliest date practicable. m REPORT OF THE COMPTROLLER OF THE CURRENCY. 37 Not only are the creditors of a failed association greatly benefited by its being speedily reopened for business but shareholders also, for it is a well-established fact that the assets of such an association are much more valuable to it as an active bank than if in liquidation or in the hands of a receiver. As a result of the policy outlined above six national banks, which closed their doors to business, possessing an aggregate capital of $2,225,000 and having liabilities amounting to $3,756,362, have been permitted to resume business since the 1st day of January, 1891. One other bank, closed by order of the Comptroller, having a capital of $300,000 and liabilities amounting to $622,221, was permitted to go into voluntary liquidation, the directors and principal shareholders of the bank having provided the necessary funds to meet all liabilities. The following table gives the title of these banks, date of closing, date of resumption, and amount of capital and liabilities. PERMITTED TO RESUME BUSINESS. Name and location of bank. Newton National Bank, Newton, Kans First National Bank, Texarkana, Tex Farmers' and Merchants' National Bank, Clarksville Tenn Huron National Bank, Huron, S. Dak American National Bank, Kansas City, M o . . . Merchants' National Bank, Fort Worth, Tex.. Date of closing. Date of resumption. 1890. 3297 Nov. 20 3065 Dec. 1 1891. July 1 Jan. 19 $200, 000 100, 000 $264,529 226,693 3241 Dec. 10 SApr. 20 8267 Dec. 16 Jan. 3 1891. 3544 Jan. 19 Mar. 31 3631 July 20 Sept. 26 100,000 75,000 1, 250,000 500,000 '141,607 177,540 2, 359,247 586, 746 2, 225,000 3, 756,362 Charter No. Total Capital. Liabilities.* PERMITTED TO GO INTO VOLUNTARY LIQUIDATION. Washington National Bank, New York, N. Y . 1891. 4335 Mar. 24 1891. Apr. 13t $300,000 $622,221 * Exclusive of capital, surplus, earnings, and circulation, t Date of liquidation. Of these banks the Newton National Bank of Newton, Kans., and the Farmers and Merchants' National Bank of Clarksville, Tenn., were in the hands of receivers. In the other cases no receiver had been appointed, a bank examiner being in charge between the date of closing and reopening of the bank for business. In each of the cases above mentioned the banks when reopened were reported by the officer in charge to possess an unimpaired capital, cash in hand sufficient to meet all demand liabilities, and under such management as gave reasonable assurance of an honorable and successful career. All these banks are still in operation, having promptly met all their obligations according to their terms, excepting the Washington National Bank of New York, which was permitted to go into voluntary liquidation and has paid in full all liabilities. So far as the Comptroller is informed the records of the Department disclose but one case in the history of the system prior to 1891 where a bank once placed in the hands of a receiver was permitted to reopen. It is hoped and believed that the future success of these banks will be such as to warrant the Comptroller in continuing a policy which has led to their rehabilitation. 38 REPORT OF THE COMPTROLLER OF THE CURRENCY. COMPARATIVE STATEMENTS OF THE NATIONAL BANKS. The resources and liabilities of the national banks for thirteen years, at nearly conresponding dates, from 1879 to 1891, inclusive, are exhibited in the following table, and the same information with respect to preceding years will be found in the Appendix, page 124. Oct. 1, EESOURCES. 1878. Oct. 2, 1879. Oct. 1, 1880. Oct. 1, 1881. Oct. 3, 1882. Oct. 2, 1883. Sept. 30, 1884. 2,053 banks. 2,048 banks. 2,090 banks. 2,269 2,132 banks." banks. 2,501 banks. 2,664 banks. Millions. Millions. Millions. Millions. Millions. Millions. Millions. $878.5 $1, 041.0 $1,173.8 $1, 243. 2 $1, 309.2 $1, 245.3 363.3 357.8 357.6 327.4 351.4 357.3 3.0.7 43.6 56.5 37.4 30.4 71.2 61.9 48.9 66.2 71.1 71.4 39 7 198.9 208.9 213.5 230.8 194.2 167 3 47.3 48.3 49.9 48.0 46.5 47.8 109.3 114. 3 102.9 107.8 128.6 42 2 56.6 53.2 63.2 70.7 77.0 69.2 22.7 18.2 17.7 20.7 23.3 16.7 96.4 66.3 121.1 189.2 208.4 113.0 10.0 7.7 6.7 8.7 14.2 26.8 16.6 17.1 17.5 17.2 17.7 17.0 28.9 23.0 26.2 28.9 33.8 22.1 Loans.. $834.0 347.6 Bonds for circulation 94.7 Other United States bonds 36 9 Stocks, bonds etc 138 9 Due from banks... 46.7 Heal estate 30 7 Specie 64.4 Legal-tender notes 16.9 National-bank notes . . . 82.4 Clearing-house exchanges 32.7 United States certificates of deposit. Due from United States Treasurer .. 16.5 Other resources 24.9 Total... 2,399.8 2,372, 7 2,279. 5 509.7 483.1 463.8 142.0 128.1 132.0 61.6 56.4 61.2 310.5 320.2 315. 0 1,083.1 1,134.9 1, 063. 6 270.4 294.9 259.9 11.9 14.9 13.7 524.3 147 0 63.2 289.8 993. 0 246. 4 15.8 2, 399.8 2, 372. 7 2, 279. 5 Oct. 4, 1888. Sept. 30, 1889. Oct. 2, 1890. Sept. 25, 1891. 3,120 banks. banks. 3,290 3,540 banks. 3,677 banks. 1,767.3 1,868.8 2,105.8 466.2 116 9 40 9 301.9 668.4 165.1 7.9 454.1 114 8 40 3 313.8 736.9 201.2 6.7 457.6 120 5 46.1 317.3 887.9 267.9 8.5 1, 767. 3 1,868.8 2,105.8 2, 358.4 Oct. 1, 1885. Oct. 7, 1886. Oct. 5, 1887. 2,714 banks. 2,852 banks. 3,049 banks. 2, 358.4 LIABILITIES. Capital stock Surplus fund Undivided profits Circulation outstanding Due to depositors Due to banks Other liabilities Total EESOURCES. . . Millions. Millions. Millions. Millions. Millions. Millions. Loans .. $1,306.1 $1, 451.0 $1,587. 5 $1, 628.1 $1,817. 3 ' $1, 986.1 $2, 005.5 177.6 150.0 189.1 146.5 140.0 307 7 258 5 Bonds for circulation 24.9 63.6 30.7 48.5 32.4 34.7 31.8 Other United States bonds 115.5 96.3 109.3 125.2 81.8 88.8 77.5 Stocks, bonds, etc.. . 256.3 282.5 336.2 335.4 338. 7 241.4 235.3 Due from banks 76.8 83.3 61.1 69.4 58.0 54 1 51 3 Heal estate. 164.3 195.9 183.5 165.1 181.3 156 4 Specie 174.9 80.6 97.6 86.8 73.7 82.0 69.7 62.8 Legal-tender notes.. 18.5 21.9 21.3 20.9 20.0 22.7 23.1 National-bank notes 106.8 74.2 136. 8 122.0 95.5 88.8 84.9 Clearing-house exchanges *6.2 12.3 12.9 15.7 5.9 6.2 18.8 United States certificates of deposit. 6.9 9.0 7.4 8.0 14.0 9.3 14.9 Due from United States Treasurer .. 41.3 42.1 42.8 37.4 40.8 38.7 36.9 Other resources . . . . . . . . Total 2,432. 9 2,513. 9 2, 620.2 2, 731. 4 2, 998. 3 3,141.5 3, 213.1 578.5 527. 5 548.5 173.9 157.3 146.6 59.3 66.5 71.5 269 0 167.3 228 8 1 116 7 1,189. 5 1,274.7 329.6 308.6 299.7 24.7 14.1 14.9 612.6 650.4 ' 588.4 213. 6 183.1 197.4 97.0 70.3 84. 9 128.5 123.0 155.4 1,350. 7 1,522.0 1, 594.2 426.4 425.3 358.1 27. 6 36.9 25.4 677.4 227.6 103.3 131. 3 1, 608.6 430.6 34.3 3,141. 5 3,213.1 LIABILITIES. Capital stock Surplus fund • .. Undivided profits Circulation Due to depositors Due to banks Other liabilities Total .. .. 2 432.9 2,513. 9 2, 620. 2 2, 731.4 2, 998.3 REPORT OP THE COMPTROLLER OF THE CURRENCY. 39 The following table presents an abstract of tlie resources and liabilities of the national banks at the close of business on September 25, 1891, the condition of the banks in New York City, in the three central reserve cities, in other reserve cities, and of country banks shown separately: Central reserve cities. New York,, New York Chicago and City. St. Louis. Other reserve cities.* Country banks. 49 banks. 79 banks. 265 banks. 3,333 banks. Aggregate. 3,677 b a n k s . RESOURCES. Loans and discounts Overdrafts Bonds for circulation Bonds for deposits United States bonds on hand Stocks, securities, claims, etc Dae from reserve agents r Due from other national banks.. Due from other banks and bankers. Banking house, furniture, and fixtures Other real estate and mortgages owned Current expenses Premiums Checks and cash items Exchanges for clearing house Bills of other national banks Fractional currency, nickels, and cents Specie Legal-tender notes United States certificates of deposit Five per cent redemption fund Due from United States Treasurer . Total. $301,578,802 $417,008,805 $497, 430,631 $1, 074,914,803 $1, 989,354,239 308,028 414, ~ 246,128 16,108,965 14,448,422 6,854,000 8,504, 867,500 150,035,600 123,654,100 1, 600,000 2,150, 865, 000 20,432,500 12,417,500 1, 081,450 1, 393, 192,650 4,439,450 1, 853,000 24,822, 661 31,680, 458,165 125,179,077 71, 640, 333 005, 874 193,990, 324 132, 984,450 532, 821 115,196,683 26, 722, 883 44, 608, 38,055,377 8, 876, 524, 725 4,494,368 13,070,848 29,471,898 11,304, 776 12,846, 291 16, 525,593 40,266,943 69, 628, 827 1,159, 299 737,317 956,350 2,141, 651 86, 307,889 1,295,128 1, 566,656 951,159 1,117, 790 2, 268,061 92, T62,175 2, 686,373 2, 736, 017 2,730,725 2, 738, 020 2,044, 729 26, 898,150 3, 529,179 9, 338, 623 6,197, 347 10,849, 891 8, 959,755 2, 379, 557 13,775,615 13, 641,296 9,879,231 14,705, 701 13,272, 545 122, 039,882 19, 991,167 49, 740 53,796, 891 23, 761, 230 8,225,000 297,180 547, 008 76,435 77,675,685 35,470, 647 9, 565,000 371,430 823,008 202, 833 45, 524, 825 25,750, 902 5,715,000 790,031 267, 936 588,194 60, 314, 566 36, 394,059 440, 000 5,375,471 366, 864 867,462 183, 515,076 97, 615, 608 15, 720,000 6, 536, 932 1,457, 808 558,041,651 752,217,119 782, 577,434 1, 678,285,718 3, 213,080, 271 LIABILITIES. Capital stock 50, 861, 970 Surplus fund 38,052,490 Undivided profits , 16, 667, 301 National-bank notes outstanding 5,803,910 State bank-notes outstanding 24, 328 Dividends unpaid. 136, 266 Individual deposits 274, 462,555 United States deposits 1, 323,296 Deposits of United States disbursing officers 216, 287 Due to National banks 124,203, 318Due to other banks and bankers 46,239, 930 Notes and bills rediscounted Bills payable 50,000 Total.. 82, 111, 970 161, 870, 860 48,678,490 55, 018, 361 20,492, 046 21,119,426 6,973, 825 15, 673, 070 5, 682 24,328 401, 749 166,973 357, 800,481 384, 419, 679 4, 373, g76 1, 841, 814 231,984 158,985, 925 74, 794, 283 65, 000 50, 000 1, 553,136 88, 454, 652 42, 953, 461 2, 390,182 4, 343, 300 677, 4S6, 870 433, 444,040 227, 576,486 123, 879, 635 103,284, 674 61,673, 202 131, 323,301 108,676,406 74,118 44,108 1, 453,735 885, 013 846, 097, 921 1, 588,318,081 15, 700, 673 9, 484,983 2, 781,540 41,136,127 24, 270, 327 19, 526, 771 6,385,645 4, 566, 660 288, 576, 704 142, 018, 071 21, 981,953 10, 778, 945 558,041,651 752, 217,119 782, 577,434 1, 678,285, 718 3,213,080,271 * Other reserve cities are Boston, Philadelphia, Baltimore, Albany, Brooklyn, Pittsburg, Washington, New Orleans, Louisville, Cincinnati, Cleveland, Detroit, Milwaukee, Des Moines, Minneapolis, St. Paul, Kansas City, St. Josepn, Omaha, and San Francisco. For several years a statement has been presented, showing in condensed form, the changes occurring in the principal items of resources and liabilities of the national banks from January 1, 1866, the data being obtained from an abstract prepared from reports of condition of all national banks at the date of the last call preceding the current annual report. The following statement is perpetuated for purposes of comparison. Aggregates are expressed in round numbers and the dates corresponding with highest and lowest points are given. 4.0 REPORT OF THE COMPTROLLER OF THE CURRENCY. HIGHEST AND LOWEST POINTS BEACHED IN THE PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES SINCE THE ESTABLISHMENT OF THE SYSTEM. i , Highest point reached. January 1, | September •_ . I80Ci 2 5 ' 1 8 1 " - ;" Amount. " Date. Lowest point reached. Amount. Capital $403,357,340 $677,420,870 $077,426,870 Sept.25,1891 Capital, surplus and un-. divided profits S. 330, 204!3, 008, 288, 030 1, 008, 288,030 . . . . d o Circulation 239, 530; 131, 323, 301j 341, 320, 256 Dec. 26, 1873 Total investments in United States bonds.. 380,350 174, 907, 550! 712,437,900 Apr. 4,1879 Individual deposits 212,174)1, 588, 318, 0811, 588,318, 081 Sept.25,1891 Loans and discounts 650,109 1,989, 354, 239 1,989, 354, 239 do Cash: National-bank notes 19,991,167 406,442 28, 809, 699 Dec. 31, 1883 Legal-tender notes.. 846, 548 97, 615, 608 205, 793,579 Oct. 1,1886 Specie 909,363 183, 515,076 195,908,859 Oct. 2,1890 Date. $403, 357. 346 Jan. 1, 1866 475, 330,204 Do. 122, 928,084 Oct. 2, 1890 170, 653, 050 Do. 501,407,586 Oct. 8, 1870 500,650,109 Jan. 1, 1866 11,841,104 Oct. 7, 1867 52,156,439 Mar.ll, 1881 8,050,330 Oct. 1, 1875 It will be seen that capital, surplus, undivided profits, and deposits have increased from $995,542,378 in January, 1866, to $2,596,606,111 on September 25,1891, and that loans and discounts amounting to $500,650,109 have reached the sum of $1,989,354,239, which is nearly quadruple, and upon reference to other pages in this report that the number of active banks has increased from 1,582 to 3,677. The holdings in bonds have decreased from $440,380,350 to $174,907,550, but on April 4, 1879, an intermediate period, the banks held $712,437,900. The specie held by the banks on January 1, 1866, amounted to $16,909,363, was only $8,050,330 in 1875, and amounted to $183,515,076 on September 25, 1891, which was a falling off of more than $12,000,000 since October 2, 1890, on which date the highest point was reached. The following comparative statement gives the percentages of loans and discounts, United States bonds, and specie to the entire fund with which the banks do business, which is made up of capital, surplus, undivided profits, circulation, and deposits. In 1866 the percentage of circulation to capital, surplus, and undivided profits was about 45 per cent, and is now about 13 per cent, the same as last year. 1866. Loans and discounts United States bonds Specie Total. . 1887. 1888. 1889. 1890. 1891. Per cent. Per cent. Per cent. Per cent. Per cent. Per cent. 72.92 74.37 71.04 41.32 70.52 72.26 6.41 36.36 6.44 9.87 9.98 7.80 6.73 1.57 7.40 11.90 7.37 6.58 79.25 87.87 92.81 86.64 88.21 86.06 REPORT OF THE COMPTROLLER OF THE CURRENCY. 41 EXTENSION OF THE CORPORATE EXISTENCE OF NATIONAL BANKS. Under the provisions of the act of July 12, 1882, ninety-seven associations applied for and obtained an extension of their corporate existence during the past year. The following table shows the number and capital of all extended banks and their geographical location: States and Territories. Alabama Arkansas : California Colorado Connecticut Delaware District of Columbia. Georgia Illinois Indiana Iowa Idaho Kansas Kentucky Louisiana Maine Maryland , Massachusetts Michigan Minnesota No.of banks. 39 37 1 4 19 5 53 29 201 26 13 Capital. $785,000 250, 000 1, 500, 000 760, 000 22,450, 820 1, 503,185 800,000 1,750, 000 8,793,000 .5,077,000 3, 460,000 100,000 400,000 5, 800, 000 2, 300, 000 8, 630,000 12,069, 000 86, 462, 500 2, 075,000 2,855, 000 States and Territories. Missouri Montana N braska New Hampshire New Jersey New York North Carolina. South Carolina .. Ohio Oregon Pennsylvania . . Rhode Island . . Tennessee Texas Vermont Virginia West Virginia . Wisconsin Total No. of banks. Capital. 14 1 6 37 50 224 4 5 85 1 170 59 8 5 31 13 13 20 $3,573,000 500,000 1,200,000 4,805, 000 10,133, 350 72, 772, 460 850,000 1,100, 000 15, 551, 000 250, 000 45,154 w 390 19, 959, 800 1,950,000 675, 000 5, 856,000 2, 291,000 1, 491,000 1, 935,000 1,347 357,972, 505 Th# following table shows how many associations will reach the expiration of their corporate existence during a period of ten years from 1892 to 1901, inclusive, with their capital and circulation: Tear. No. of banks. 1892 1893 1894 1895 1896 1897 96 38 57 76 22 25 Capital. Year. Circulation. $13,951,100 $3,570,975 1,982,925 4,701,000 6, 768, 000 2, 585, 470 11, 259, 000 4, 431, 610 9V5,400 2,123,800 1,198, 295 3,534,000 No. of banks. 1898 1899 1900 1901 Total.... Capital. Circulation. 24 34 47 104 $2,479, 000 4, 595, 000 7, 307,100 13,503,150 $1,153,350 2,106,450 2, 040, 830 3,485,000 523 70,221,150 23, 530, 305 The number, capital, and circulation of the national banks of which the corporate existence expired between October 31, 1890, and October 31, 1891, are shown in the following table, and the number of extended banks is also indicated. The corporate existence of five associations expired by limitation: Date. Nojbanks expired. Capital. Circula- No. banks Capital. tion. extended. Circulation. 1890. November December 1891. January February March April May June July August September October Total 11 12 4 7 9 4 7 12 13 7 5 102 $1,400,000 2, 225, 000 $553,050 427,500 2,150, 000 400, 000 865, 000 1,650, 000 375,000 1, 075, 000 2,590, 000 1,015,000 820, 000 1,800,000 427, 500 112,500 198, 000 275, 625 84,375 174,375 508, 500 262,125 196, 200 247,500 16,365,000 3,467,250 $1,400,000 1,975,000 1,850, 000 400, 000 715,000 1,650, 000 375, 000 875,^00 2,5dO, 000 1,015,000 820,000 1,800,000 97 15,465,000 $553,050 382, 500 360,000 112,500 164, 250 275, 625 84,375 129,375 508,500 262,125 196,200 247,500 3,276,000 42 REPORT OF THE COMPTROLLER OF THE CURRENCY. The corporate existence of ninety-six national banks, with an aggregate capital of $13,951,100, bonds $3,967,750, and circulation $3,570,975, will expire during the year 1892, as shown in the following table: NATIONAL BANKS OF WHICH THE CORPORATE EXISTENCE WILL EXPIRE DURING THE YEAR 1892, WITH THE DATE OF EXPIRATION, THE AMOUNT OF CAPITAL STOCK OF EACH BANK, THE UNITED STATES BONDS ON DEPOSIT WITH THE TREASURER, AND THE AMOUNT OF CIRCULATION ISSUED THEREON. Title and location of bank. 1036 1926 1934 1940. 1929 1928 1942 1988 1935 1943 1944 1947 1939 1941 1959 1946 1951 1953 1962 1964 1974 1984 1950 1970 1961 1981 1989 1955 1980 1956 1987 1971 1967 1986 1969 2018 2006 1998 2005 1979 1983 2000 1985 2019 1997 2002 1990 1999 1992 2020 2012 2022 2025 2007 2010 2039 2011 2015 2029 2016 2036 2014 2031 Expiration of corporate existence. 1892. Fanners' and Mechanics' National Bank, PhoenixJan. 2 ville, Pa Jan. 3 DeWitt County National Bank, Clinton, 111 Jan. 9 Nokomis National Bank, HI Jan. 9 First National Bank, Clinton, Mo Jan. 12 First National Bank, Shelby, Ohio Farmers' and Mechanics' National Bank, Georgetown, D. C Jan. 15 Jan. 16 Guernsey National Bank, Cambridge, Ohio Jan. 24 Second National Bank, Kichmond, Ind Jan. 24 National Bank of Greene ville, S. C Jan. 27 First National Bank, Wyoming, Iowa Jan. 27 First National Bank, Bellaire, Ohio Feb. 2 Merchants' National Bank, Fort Dodge, Iowa Feb. Holyoke National Bank, Mass Feb. Molme National Bank, 111 Feb. National Bank, Rising Sun, Ind Mar. Third National Bank, Scranton, Pa Mar. First National Bank, Parsons, Kans Mar. Lansing National Bank, Mich Mar. 15 Lawrence National Bank, Mass Mar. 15 Commercial National Bank, Wilmington, 111 Mar. 16 First National Bank, Fremont, Nebr Mar. 20 Citizens' National Bank, Galion, Ohio Mar. 22 First National Bank, Fort Smith, Ark Mar. 22 Citizens' National Bank, Des Moines, Iowa Mar. 23 First National Bank, Flora, Dl Mar. 23 First National Bank, New London, Ohio Mar. 26 Quaker City National Bank, Ohio Mar. 27 City National Bank, Denver, Colo Mar. 30 Pomeroy National Bank, Ohio Apr. 1 Norway National Bank, Me Apr. 6 First National Bank, Fairbury, 111 Apr. 9 Citizens' National Bank, Sedalia, Mo Apr. 10 Indiana National Bank, La Fayette, Ind Apr. 12 Marion County National Bank, Knoxville, Iowa Apr. 19 First National Bank, Oregon, 111 Apr. 20 National Bank, Spring City, Pa Northwestern National Bank, Minneapolis, Minn.. Apr. 23 Apr. 24 First National Bank, Grand Rapids, Wis Apr. 27 Citizens' National Bank, Mankato, Minn Apr. 29 Burlington National Bank, Kans Apr. 30 Emporia National Bank, Kans Stones River National Bank, Murfreesboro, Tenn.. May 1 May 10 Planters' National Bank, Danville, Va May 10 Springfield National Bank, Tenn Clinton County National Bank, Wilmington, Ohio.. May 10 May 11 Citizens' National Bank, Winterset, Iowa May 13 Giles National Bank, Pulaski, Tenn Citizens' National Bank, New Philadelphia, Ohio... May 17 May 25 Keokuk National Bank, Iowa May 30 Merchants' National Bank, St. Paul, Minn May 31 First National Bank, Belle Plaine, Iowa June 3 Farmington National Bank, New Hampshire. June 10 Merchants' National Bank, Middletown, Ohio June 15 Union County National Bank, Liberty, Ind June 22 Ashland National Bank, Kentucky June 22 Citizens' National Bank, Hillsboro, Ohio June 25 First National Bank, Kansas, 111 Fayet(«- County National Bank, West Union, Iowa.. June 28 Merchants' ana Planters' National Bank, Montgomery, Ala July 1 Home National Bank, Elgin, 111 . . July 3 July 3 Vinton County National Bank, Me Arthur, Ohio National Bank of D. O. Mills & Co., Sacramento, Cal. July 6 July 10 Ashtabula National Bank, Ohio Capital stock. United States bonds. Circulation. $150,000 50, 000 50,000 100,000 50, 000 $50, 000 12, 500 50, 000 25, 000 12, 500 $45, 11, 45, 22, 11, 252,000 50, 000 150,000 100,000 50,000 '200, 000 100, 000 200, 000 100,000 100, 000 200, 000 50,000 185, 600 300, 000 50,000 150, 000 60, 000 100,000 100, 000 50, 000 50,000 100, 000 200,000 100,000 100, 000 50,000 100,000 100, 000 60,000 50,000 200,000 1,000, 000 50,000 70,000 125, 000 100,000 75,000 100, 000 60, 000 100, 000 50, 000 100,000 50, 000 100,000 1,000,000 50, 000 100, 000 400, 000 50, 000 210, 000 100, 000 50,000 100,000 250, 000 25, 000 37,500 100, 000 12, 500 50,000 25, 000 100, 000 25,000 75, 000 70, 000 12,500 50, 000 200, 000 12,500 37,500 15, 000 25,000 25.000 50,000 12,500 25,000 50,000 25,000 25, 000 12, 500 25,000 100, 000 15, 000 40,000 50, 000 50, 000 15,000 17, 500 31, 250 25,000 20, 000 50, 000 15,000 25, 000 12, 500 25, 000 12, 500 25, 000 100,000 12, 500 25, 000 100,000 40, 000 100, 000 25, 000 50, 000 25, 000 225, 000 22,500 33,750 90,000 11,250 45,000 22,500 90,000 22,500 67, 500 63, 000 11, 250 45,000 100, 000 150,000 50, 000 500,000 80,000 25,000 50, 000 20,000 50,000 76,500 000 250 000 500 250 180,000 11,250 33, 750 13,500 22,500 22,500 45, 000 11, 250 22, 500 45, 000 22,500 22.500 11,250 22,500 90,000 13, 500 36.000 45, 000 45, 000 13, 500 15, 750 28,125 22,500 18. 000 45i 000 13, 500 22, 500 11, 250 22, 500 11, 250 22, 500 90, 000 11, 250 22, 500 90,000 36, 000 90, 000 22,500 45, 000 22,500 22, 500 45, 000 18, 000 45, 000 68, 850 REPOET OF THE COMPTROLLER OF THE CURRENCY. 43 NATIONAL BANKS OF WHICH THE CORPORATE EXISTENCE WILL EXPIRE DURING THE YEAR 1892, WITH THE DATE OF EXPIRATION, ETC.—Continued. Title and location of bank. 2032 Louisa County National Bank, Columbus Junction, 2052 2024 2034 2030 2035 2040 2049 2043 2057 2060 2044 2050 2045 2048 2061 2054 2067 2083 2058 2063 2062 2071 2059 2107 2068 2070 2082 2073 2074 2076 2078 Iowa Malta National Bank, Ohio , Second National Bank New Mexico, Santa Fe, N. Mex Second National Bank, "Washington, D. C First National Bank, Garrettsville, Ohio National Bank of Fergus Falls, Minn First National Bank; Lima, Ohio Manufacturers'National Bank, Newark, N. J East Tennessee National Bank, Knoxville, Tenn... Washington National Bank, Indiana First National Bank, Lebanon, Ind Merchants' and Planters' National Bank, Union, S. C Bank of Charleston National Banking Association, Charleston, S. C Lehigh Valley National Bank, Bethlehem, Pa German National Bank, Newark, N. J Home National Bank, Chicago, 111 Third National Bank, Sandusky, Ohio First National Bank, Greenville, Mich City National Bank, Goshen, Ind North Ward National Bank, Newark, N, J Crocker National Bank, Turner's Falls, Mass Pella National Bank, Iowa German National Bank, Louisville, Ky Third National Bank, Urbana, Ohio Deseret National Bank, Salt Lake City, Utah Natick National Bank, Mass First National Bank, Tankton, S. Dak American German National Bank, Paducah, Ky ... Atchison National Bank, Kans First National Bank, Northfield, Minn Citizens' National Bank, Tonkers, N. Y National Union Bank, Dover, N. J First National Bank, Conshohocken, Pa Expiration of corporate existence, Capital stock. United States bonds. Circulation. 1892. July 10 July 12 $50,000 75,000 $15, 000 20,000 $13, 500 18,000 July 17 July 24 July 25 July 26 Aug. 1 Aug. 9 Aug. 23 Aug. 28 Aug. 30 150,000 225, 000 80, 000 100,000 100, 000 250,000 175,000 50,000 75,000 37, 500 50,000 20,000 25, 000 25, 000 50, 000 50, 000 30,000 50,000 3«. 750 45,000 18, 000 22, 500 22,500 45, 000 45,000 27,000 45,000 60,000 15,000 13,500 200,000 300, 000 200,000 250,000 200, 000 50,000 77, 000 200, 000 300, 000 100, 000 251,500 100,000 500, 000 100, 000 50,000 230,000 50, 000 75, 000 100, 000 100,000 150, 000 50, 000 50, 000 50,000 50,000 50, 000 32,500 20, 000 50, 000 50, 000 25, 000 50,000 25, 000 50,000 50, 000 12, 500 50?000 50, 000 20, 000 50, 000 25,000 40, 000 45,000 45,000 45, 000 45,000 45,000 11. 250 18, 000 45,000 45, 000 22,500 45,000 22, 500 45,000 45, 000 11, 250 45,000 45,000 18, 000 45,000 22,500 36, 000 Aug. 31 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. p OOct. 4 6 10 10 18 19 25 30 " Oct. Oct. Oct. Oct. Nor Nov. Nor Dec, Dec, Dec. Dec. Dec. 13,951,100 3,967,750 3,570, 975 CIRCULATING NOTES. The actual circulation outstanding on September 25, 1891, for which the banks were responsible was $134,897,243, this amount being exclusive of $37,002,875 also in circulation but represented by lawful moneydeposited by the banks for redemption purposes whenever the notes are received by the Treasurer. The minimum deposit of the bonds required of the 3,677 national banks in operation September 25,1891, was $104,933,987, upon which only $94,440,589 of national-bank circulation could be issued. These banks held, on September 25, $150,035,600 of bonds, and were actually responsible for $40,456,654 of circulation more than the minimum. Some banks do not take circulation. Of the 3,677 banks 2,651 have a capital not exceeding $150,000 nor less than $50,000 each, which is the lowest amount any bank in the system may have, the aggregate capital amounting to $214,126,010. The remaining 1,026 have a capital of over $150,000 each, the aggregate amounting to $463,300,860. If an amount of bonds equal to the total capital were deposited to secure circulation the whole body of banks might have a circulation amounting to $609,684,183, or $515,243,594 more than the present minimum. A table in the Appendix, page 141, shows, by States and geographical divisions, this information in detail. 44 EEPORT OF THE COMPTROLLER OF THE CURRENCY. Tlie following table shows the number of banks organized, by fiscal years, from July 1,1882, to July 1,1891, capital stock, amount of bonds deposited, and circulation issued thereon: Tear. July 1,1882, to July 1,1883 July 1, 1883, to July 1,1884 July 1,1884, to July 1,1885 July 1, 1885, to July 1,1886 July 1, 1886, to July 1, 1887 July 1,1887, to July 1,1888 July 1, 3888, to July 1,1889 July 1,1889, to July 1,1890 July 1,1890, to July 1,1891 Total No. Capital. Minimum bonds required. Bonds Unit per Circulation actually cent of issued. deposited. excess. 251 218 142 163 217 164 156 291 239 $26,552,300 $5,155,500 $7,116,400 19,944,000 4, 016, 000 4, 676,100 15, 205, 000 3,061,250 3, 332,800 17, 553, 000 3,404,500 3,715,500 31,444,000 4, 986,000 5,051, 300 16,734,000 3, 308,500 3,324,750 15, 970, 000 3,155, 000 3,166, 300 36, 055, 000 6,251,250 6, 262, 750 27, 680, 000 5,082,500 5,088,500 1,841 207,137,300 38,420,500 41,734,400 28 14 8 8 1 0.5 .36 .18 .12 $6,404,760 4,208,490 2, 999,520 3,343,950 4,546,170 2,992,275 2, 849,670 5, 613, 915 . 4,579,650 37,853,400 The foregoing table is perpetuated to show'by comparison the falling off in the amount of bonds deposited in excess of the requirement, and it will be seen that the? percentage of excess has fallen from 28 in 1882->83 to .12 in 1889- 90. Of the 239 banks organized during the past fiscal year 143 have a capital of $50,000 each, amounting to $7,150,000 5 56 have a capital of over $50,000 and not exceeding $150,000, aggregating $5,280,000, and 40 have an aggregate capital of $15,250,000. The 40 largest banks deposited the exact amount of bonds required by law, and of the remaining 199 banks only 4 deposited bonds in excess of the requirement. Notwithstanding the continuous accession of new banks to the system, more than counterbalancing the number which fail or are placed in voluntary liquidation from year to year, the outstanding circulation steadily decreases. The anomaly, however, is presented, as a^pesult of operations during the past year, of an increased circulation for which the banks are responsible. This increase amounted to $9,720,287, and was caused by the organization of new banks and additional deposits of bonds by banks already organized. The aggregate outstanding circulation, however, was reduced by the redemption of $19,400,679, for which lawful money had been deposited, leaving a net decrease of $9,680,392. By referring to page 52 it will be observed that the total withdrawal of bonds, for transfer to the Secretary for purchase or redemption, amounted to $32,378,800, nearly the whole amount being substituted by other bonds. The following table shows by comparison for eight years the amounts of lawful money deposited and the consequent decrease of circulation: DECREASE OF NATIONAL-BANK CIRCULATION DURING EACH OF THE YEARS ENDED OCTOBER 31, FROM 1884 TO 1891, INCLUSIVE, AND THE AMOUNT OF LAWFUL MONEY ON DEPOSIT AT THE END OF EACH YEAR. National-bank notes outstanding October 31, 1883, including notes of national gold banks $352,013, 787 Less lawful money on deposit at same date, including deposits of national gold banks 35, 993, 461 National-bank notes outstanding October 31, 1884, including notes of national gold banks 333,559,813 Less lawful money on deposit at same date, including deposits of national gold banks 41, 710,163 Net decrease of circulation $316, 020, 326 291,849,650 24,170,676 REPORT OF THE COMPTROLLER OF THE CURRENCY. 45 Net outstanding as above, October 31, 1884 $291, 849, 650 National-bank notes outstanding October 31, 1885, including notes of national gold banks $315, 847,168 Less lawful money on deposit at same date, including deposits of national gold banks 39, 542, 979 276,304,189 Net decrease of circulation 15,545,461 Net outstanding as above, October 31, 1885 276, 304,189 National-bank notes outstanding October 31, 1886, including notes of national gold banks , 301, 529, 889 Less lawful mpney on deposit at same date, including deposits of national gold banks 81, 819,233 219,710,656 Net decrease of circulation 56,593,533 Net outstanding as above, October 31, 1886 219, 710, 656 National-bank notes outstanding October 31, 1887, including notes of national gold banks 272, 041,203 Less lawful money on deposit at same date, including deposits of national gold banks 102, 826,136 169,215,067 • Net decrease of circulation 50,495,589 Net outstanding as above, October 31, 1887 169,215, 067 National-bank notes outstanding October 31, 1888, including notes of national gold banks 239, 385, 237 Less lawful money on deposit at same date, including deposits of national gold banks 87, 018,909 152,366,328 Net decrease of circulation 16,848,739 Net outstanding as above, October 31, 1888 152, 366,328 National-bank notes outstanding October 31, 1889, including notes of national gold banks 202, 023, 415 Less lawful money on deposit at same date, including deposits of national gold banks 71, 816,130 130,207,285 Net decrease of circulation 22,159,043 Net outstanding as above, October 31, 1889 130, 207,285 National-bank notes outstanding October 31, 1890, including notes of national gold banks 179, 755, 643 Less lawful money on deposit at same date, including deposits of national gold banks 54, 796, 907 124,958,736 Net decrease of circulation 5,248,549 Net outstanding as above, October 31, 1890 124,958,736 National-bank notes outstanding October 31, 1891, including notes of national gold banks 172,184, 558 Less lawful money on deposit at same date, including deposits of national gold banks 35,430,721 136,753,837 Net increase of circulation 11,795,10i The gross decrease of circulation, including tlie notes of gold banks and those of failed and liquidating associations, was $7,571,085. BANKS WITHOUT CIRCULATION. A number of national banks did not originally take circulating notes for issue, and others eventually deposited lawful money and surrendered circulation. Digitized fortheir FRASER 46 REPORT OF THE COMPTROLLER OF THE CURRENCY. The following is a list of these banks, the amount of capital and bonds being given: Bonds. Title of bank. Chemical National Bank, New York, N. Y Mechanics' National Bank, New York, N. Y... Merchants' National Bank, New York, N. Y... National City Bank, New York, N. Y National Park Bank, New York, N. Y National Bank of Washington, D. C Chestertown National Bank, Chestertown, Md First National Bank, Houston, Tex First National Bank, Butte, Mont Citizens' National Bank, Englewood, N. J National Bank, Cockeysville, Md Total $300, 000 2,000, 000 2, 000, 000 1,000,000 2,000, 000 200, 000 60,000 100,000 100, 000 50, 000 50, 000 $50,000 50,000 50,000 50,000 50,000 50,000 12, 500 t 25,000 25,000 12, 500 12,500 7, 860, 000 387, 500 SECURITY FOR CIRCULATOR NOTES. The security for circulating notes of national banks is limited, by the Act, to United States registered bonds bearing interest, and the following table shows the amount of such bonds held by the Treasurer of the United States as security on June 30 of each year from 1865 to 1891, inclusive, and the amount owned and held by the banks for other purposes, including those deposited with the Treasurer to secure public deposits: United States bonds held as security for circulation. Years. 6 per cent bonds. 5 per cent bonds. $65, 576,600 1865.. $170,382,500 86, 226,850 1866.. 241,083, 500 89,177,100 251,430,400 1867.. 250,726,950 90, 768,950 1868.. 255,190, 350 87, 661,250 1869.. 247, 335,350 94,923, 200 1870.. 139,387,800 1871 .. 220,497,750 173,251,450 207,189,250 1872.. 160,923, 500 229,487, 050 1873.. 154,370,700 236,800,500 1874.. 136,955,100 239,359,400 1875.. 109,313,450 232, 081, 300 1876.. 87,690, 300 206, 651,050 1877.. 82,421,200 199,514, 550 1878.. 56,042, 800 144,616,300 1879 .. 58,056,150 139,758,650 1880.. 61,901, 800 172,348,350 1881 .. Continued at Continued at 3i per cent. 3£ per cent. 25,142,600 202,487,650 1882.. 7,402,800) 385,700? 3 per cents.: > 1883.. 200,877,850) 172,412,550 1884 Pacifies: 142,240,850 3,520,000 1885.. 107,782,100 3, 565,000 1886.. 5,205,950 3,175,000 1887.. 3,181,000 37,500 1888.. 4,324,000 1889 4,913, 000 1890.. 7,957,000 1891.. 4£ per cent bonds. 4 per cent bonds. $44,372,250 48,448, 650 $19,162,000 35,056,550 118, 538, 950 37,760,950 126,076,300 32,600, 500 93, 637, 700 Total. United States bonds held for other purposes at nearest date. $235,959,100 $155,785,750 327,310, 350 121,152,950 340,607,500 84,002, 650 341,495,900 80,922, 500 342,851,600 55,102,000 342,278, 550 43, 980,600 359, 885, 550 39,450, 800 380,440, 700 31,868,200 390,410,550 25, 724,400 391,171,200 25, 347,100 376,314, 500 26,900, 200 341,394,750 45,170, 300 338, 713, 600 47, 315,050 349, 546,400 68, 850, 900 354, 254, 600 76, 603,520 361, 652, 050 42,831,300 360,488,400 63,849, 950 Grand total. $391,744,850 448,463, 300 424, 610,150 422,418,400 397, 953,600 386,259,150 399,336,350 412,308,900 416,134,150 416, 518,300 403, 214, 700 386, 565,050 386, 028,650 418, 397, 300 430,858,120 404,483, 350 424, 338, 350 32,752,650 97,429,800 357,812,700 43,122, 550 400,935, 250 39,408,500 104,954,650 353,029,500 34,094,150 387,123,650 46,546,400 111,690,900 330,649,850 31,203,000 361, 852, 850 48,483,050 50,484,200 67,743,100 69,670,300 42,409,900 39,486,750 22,565,950 117,901,300 114,143,500 115,842, 650 105,423,850 101,387,550 100,828,550 111,985,950 312,145,200 275,974,800 191,966,700 178,312, 650 148,121,450 145,228, 300 142,508,900 32,195,800 31, 345, 550 33,147,750 63,618,150 51, 642,100 35,287,350 30,114,150 344, 341, 000 307,320, 350 224,814, 450 241, 930, 800 199, 763, 550 180, 515, 650 172, 623, 050 47 REPORT OF THE COMPTROLLER OF THE CURRENCY. The following table gives similar information for the years ended October 31, from 1882 to 1891, inclusive. An examination of this and the foregoing table will disclose the changes which have occurred in the holdings of the several classes of bonds by the banks: Year. 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 United States bonds lield as security for circulation. Number of 6 banks. 4^ per cent 4 per cent 3 per cent Pacific per cent Total. bonds. bonds. bonds. bonds. United States bonds held for other purposes at nearest date. Grand total. r 2,301 $33,754,650 $104,927,500 ;$40,621,950 , 563,750 $400, 1,069,400 >179,675,550 $3,526,000 $362,505,650 $37, > *602,000 2,522 41,319,700 106,164,850 >201,327,700 3,463,000 352,1877,300 30,674,050 383,551,350 2,671 49,537,450 116,705,450 155,604,400 3,469,000 325, 316,300 30,419, 600 355, 735,900 2,727 49,547,250 116,391,650 138,920, 650 3,505, 000 308, 364,550 31,780,100 340,144,650 2,868 57,436,850 115,383,150 6y, 038, 050 3,586, 000 245,444,050 32,431,400 277,875,450 3,061 69,696,100 115, 731,400 144, 500 3,256,000 188, 828,000 34,671,350 223,499,350 3,151 66,121,750 100,413. 600 3,468,000 170, 003,350 60,715,050 230,718,400 3,319 41, 066, L50 100,049; OOOi 4,553, 000 145, 668,150 48,501,200 194,169,350 3,567 28,116, 700 105,402.20U 6,672, 000 140, 190,900 30,684,000 170,874, 900 f 199,400 ! Continued -120,858, 850 3,694 ) at 2 p. ct. 10,244,000 152,950,350 24,871,950 177,822,500 121,648,100 * Three and one-half per cent. A table will be found in the Appendix, page 125, showing on the first day of each month, from January 1, 1870, to November 1, 1891, the amount of authorized capital stock of the national banks, the amount of bonds on deposit to secure circulation, the amount of circulation secured by the bonds, the amount of lawful money deposited to redeem outstanding circulation, and the total amount outstanding including notes of gold banks. INTEREST-BEARING FUNDED DEBT OF THE UNITED STATES. The following statement is made to preserve continuity with respect to changes in the funded debt of the United States. The effect upon the holdings of bonds by national banks will be observed elsewhere. The public debt reached the maximum August 31,1865, and then amounted to $2,844,649,626, the non-interest-bearing obligations amounted to $461,616,311, the interest-bearing debt being $2,383,033,315. On October 31,1891, the interest-bearing debt amounted to $649,650,232. 48 REPORT OF THE COMPTROLLER OF THE CURRENCY. The classes of bonds available as security for tlie circulating notes oi national banks are sjiown in the following table, dates of authorizing acts, maturity of bonds, and rates of interest also being given. BONDED DEBT AT DATES NAMED. Date. 6 per cent. Aug. 31, 1865 June 30, 1866 June 30, 1867 June 30, 1868 June 30, 1869 June 30, 1870 June 30, 1S71 June 30, 1872 J u n e 30, 1873 June 30, 1874 J u n e 30, 1875 June 30, 1876 J u n e 30, 1877 June 30, 1878 J u n e 30, 1879 J u n e 30, 1880 J u n e 30, 1881 $908,518, 091 1,008,388,469 1,421,110, 719 1,841,521,800 1,886,341, 300 1, 764, 932, 300 1, 613, 897,300 1,374,883,800 1,281,238,650 1,213,624,700 1,100,865,550 984,999,650 854,621,850 738, 619, 000 310,932, 500 235, 780,400 196,378,600 Continued at 3i per cent. 58,957,150 June 30, 1882 .. June 30, 1883 . J u n e 30, 1884 . June 30, 1885 . June 30, 1886 . J u n e 30, 1887 . J u n e 30, 1888 . J u n e 30, 1889. J u n e 30, 1890 . June 30, 1891 . Oct. 31,1891 . 5 per cent. 4£ per cent.* 4 per cent.t 6 per cent.J $199,792,100 198,528, 435 198,533,435 221,588,400 221,589, 300 221,589,300 274,236, 450 414,567,300 414,567,300 510,628,050 607,132, 750 711,685, 800 703, 266, 650 $140, 000,000 703,266, 650 240,000,000 646,905,500 250,000,000 484,864,900 250,000,000 439, 841, 350 250,000, 000 Continued at 3A per cent. 401,593,900 250, 000,000 32, 082, 600 Funded into 3 per cents., 250,000,000 act July 12, 1882. 304,204,350 224,612,150 250, 000,000 194,190, 500 250,000,000 144,046,600 250,000,000 19,716,500 250,000,000 222,207,050 139, 639,000 109,015,750 50,869, 200 Continued at 2 per cent. 25,364,500 Total. $98, 850,000 679,878,110 739,347,800 739,347,800 $1,258,000 $1,109,568,191 6,042, 000 1, 212, 958. 904 14, 762,000 1, 634,406,154 29, 089,000 2,092,199, 200 58, 638,320 2,166,568,920 64,457,320 2,050,978,920 64, 618, 832 1,952,752,582 64, 623, 512 1,845,074,612 64,623,512 1, 760,429,462 64,623,512 1,788,876, 262 64, 623, 512 1, 772,621,812 64,623,512 1, 761,308,962 64,623, 512 1,761,512,012 64,623,512 1,845,359,162 64, 623,512 1,952,339,622 64,623,512 1,774,616, 612 64,623,512 1,690,191, 262 739,349,350 64,623,512 1,514,433,912 737,942,200 64,623,512 737,661, 700 737,719,850 737, 759,700 737,800, 600 714,177,400 676,095,350 602,193,500 559,566, 000 64,623, 512 64,623,512 64,623,512 64,623,512 64,623,512 64,623,512 64, 623,512 64,623,512 1,276,987,362 1,246,533,862 1,196,429, 812 1,072,140,612 1,001,007,962 880,357, 862 775,832,762 675,058,712 559,573,150 64,623 '512 649, 561,162 * Funded loan 1891; authorizing act July 14, 1870, and January 20, 1871; date of maturity, 1891. t Funded loan 1907; authorizing act July 14, 1870, and January 20, 1871; date of maturity, 1907. } Pacific railroad bonds; authorizing act July 1,1862, and July 2,1864; date of maturity, 1895 to 1899. The Navy pension fund, amounting to $14,000,000 in 3 per cents, the interest upon which is applied of naval pensions exclusively, and $89,070 of refunding certificates are not included in to) the the payment i the table. EEPOKT OF THE COMPTROLLER OP THE CUEEENCY. 49 MARKET PRICES OF UNITED STATES BONDS. The investment value of United States bonds increases as the relative market price of such bonds declines. The 4J percents matured September 2, 1891, and it will be observed that the market price declined very regularly up to date of maturity. The fluctuation in prices of 4 percents was not considerable, the decline, however, being about double that during the previous year. The following table, prepared by the Acting Actuary of the Treasury, will show the movements in prices of the two classes during the year ended October 31, 1891: OPENING, HIGHEST, AND LOWEST PRICES OF UNITED STATES REGISTERED 4£ PER CENT AND 4 PER CENT BONDS, IN NEW YORK, FOR EACH WEEK FROM NOVEMBER 7, 1890, TO OCTOBER 30, 1891. 44 per cent. Week ended— Nov. Nov. Nov. Nov. Deo. Dec. Dec. Dec. Jan. Jan. Jan. Jan. Jan. Feb. Feb. Feb. Fteb. Mar. Mar. Mar. Mar. Apr. Apr. Apr. Apr. May May May May May June June June June July July July July July Aug. Aug. Aug. Aug. Sept. Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Oct> 7,1890 14,1890 , 21,1890 28,1890 5,1890 12,1890 '. 19,1890 26,1890 2,1891 9,1891 16,1891 23,1891 30,1891 6,1891 13,1891 20,1891 27,1891 6,1891 13,1891 20,1891 27,1891 3,1891 10,1891 , 17,1891 , 24,1891 1,1891 8,1891 , 15,1891 22,1891 29,1891 5,1891 12,1891 19,1891 26,1891 3,1891 10,1891 17,1891 24,1891 31,1891 7,1891 14,1891 , 21,1891 28,1891 4,1891, 44 per cent.. 4,1891,2 per cent... 11,1891 18,1891 , 25,1891 2,1891 9,1891 16,1891 , 23,1891 30,1891 11167- Opening. 103i 103 103 103 103 103 103 103 1031 103 103 102 1014 10lf 101* 1011 102 102 102 102 102 101f lOlf 102 100 100 100 100 100 100 100 100 100 100 100J ir- Highest. 4 per cent. Lowest. Opening. Highest. 124 -124* 123|-124 122 -123 120 -121* 1204-122 120J-122 121 -122* 121 -122*, 121*-122i 121 -122 120 -122 120 -121*, 120 -121* 120 -121*, 120 -121* 1204-121J 120g-121*. 120 -121 1204-121*. 121 -122 121|-122 121il£2 124 -124* 123J-1241 122 -123 121 -122* 1204-122 121 -123 121*-122* 1211-122* 1214-1224 121 -122 120 -122 120 -121*, 120 -121i 120 -12li • 120 -121- • 120f-121i 121 -122 120^-121 121 -122 8 | * 1171-118 117*-118* 1164-1174 116 -117 116*-117*, 117£-118*, 117£-118f 1164-1174 116 -117 116 -116| 115|1164 117f-11, 1174-118^ 1164,-117*, 116 -117 1174-1184 1171-1184 1171-1184 117"-118 Il6f-117f 117 -118 1164.-1174 116 -117 116 -116| 116 -1164 116i116| Lowest. 124 -1244 122 -123* 1194-1214 120 -1214 1204-122 1204-122 121 -1224 121 -I22I 121 -1224 120 -122 120 -1214 120 -1214 120 -121 120 -1214 120 -1214 120^-1214 120|-1214 120 -121 120|-1214 121 -121| 121 -122 1211-122 121|-1221 1214-122 121 -122 1205-1214 120 -121 1194-120 1181-1181 118 -118| 118 -118| 117 -117| 1171-118 1164-1171 116 -117 116 -117 H64-II74 117 -118 117 -118 1163-117 1161-117 1161-1173 1161-11711164-I174 116 -117 116 -116£ 115|-1164 1151-116} 116 -II64 116 -116| 116|1171 | 1 1161-1174 50 REPORT OF THE COMPTROLLER OF THE CURRENCY. INVESTMENT VALUE OF UNITED STATES BONDS. The following table, prepared by the Acting Actuary, shows the fluctuations in price and in vestment value of the 4-J and 4 per cent bonds at quarterly periods from 1885 to 1891 inclusive: A\ per cent bonds. Date. 1885: January . April.... July October.. 1886: January. April — July October.. 1887: January . April July October.. 1888: January. April.... July October.. 1889: January. April.... July October.. 1890: January. April July October.. 1891: January . April July October.. 4 per cent bonds. Eate of inEate of inAverage terest real- Average terest realprice flat. ized by- price flat. ized by investors. investors. Per cent. 112.7788 112.4350 112. 7525 112.9421 Per cent. 2.655 2.488 2.365 2.250 Per cent. 121.9086 121. 8028 122.6462 123.4004 Per cent. 2.726 2.721 2.668 2.619 112. 7000 112.475.9 111.8156 111. 9855 2.208 2.150 2.149 2.003 123.4325 126.2980 126.4975 128.6659 2.607 2.444 2. 420 2.289 110.2775 110.1947 109.1475 108.5553 2.290 2.019 2.340 2.339 127.8325 129.2451 127.8425 125.7885 2.320 2.227 2.284 2. 390 108.2375 107.1025 107. 5175 108.4213 2.289 2.478 2.195 1,693 126.1275 124.6400 127.4825 128.1204 2.341 2.409 2.230 2.178 108.9255 108.1848 107.0048 105.8241 1.254 1.240 1.421 1.645 127. 2837 129.1902 128. 3894 127.1944 . 2.208 2.080 2.109 2.160 104.7885 103.7500 103. 3825 104.1296 1.856 2.151 1.966 0.409 125.6178 122.1175 122. 3200 123.5602 2. 236 2.435 2.407 2.309 103.1106 101. 759G 100. 384G 0.424 1.363 5.971 120.9279 122.0264 117.3317 116.7546 2.463 2.372 2.676 2.701 BOND PURCHASES AND REDEMPTIONS BY THE TREASURY. During the past report year, the purchase of 4 per cents was discontinued by the Government in the month of January, the total purchases amounting to $8,645,850. Under Treasury circular dated October 9, 1890, the redemption of 4£ per cents commenced, interest being added to the face of the bond up to and including August 31, 1891. Under the various circulars issued, the total redemptions of 4J per cents amounted to $33,966,150, and the total purchased and redeemed of both classes to $42,612,000. The total purchases and redemption of these two classes of bonds amounted to $373,484,150 since the issue of circular dated April 17, 1888. Circular dated July 2,1891, provided that any of the 4£ pei\cents theretofore called for redemption might be presented for continuance during the pleasure of the Government, with interest at the rate of 2 per centum per annum, in lieu of redemption. A subsequent circular extended the time for presentation for continuance to September 30. The amount of bonds so continued was $25,364,500. On November 1? there were $4,601,500 of this class of bonds which had not been presented for redemption or continuance. Of this amount the national banks had on deposit to secure circulation $199,400. The statutes re- REPORT OF THE COMPTROLLER OF THE CURRENCY. 51 quire in tlie organization of a national bank a deposit of United States registered bonds bearing interest, and the few banks holding these bonds, being either indifferent or recalcitrant, were addressed by circular to substitute interest-bearing bonds without delay. The question had heretofore arisen as to the legal status of a bank having bonds on deposit which did not comply with the statutes, and the question, upon being referred to the Department of Justice, was decided adversely to the banks declining to withdraw non-interest-bearing bonds and substitute others. STATEMENT SHOWING THE AMOUNTS OF 4 AND 4£ PER CENT BONDS PURCHASED AND REDEEMED EACH MONTH FROM NOVEMBER 1, 1890, TO OCTOBER 31,1891, INCLUSIVE, ALSO THE AMOUNT OF 4^ PER CENT BONDS CONTINUED AT 2 PER CENT FROM SEPTEMBER 2, 1891. Month. November, 1890. December, 1890 . January, 1891... February, 1891.. March. 1891 April, 1891 May, 1891 June, 1891 July, 1891 August, 1891 . . . September, 1891. October, 1891 . . . 4 per cent bonds purchased. 1,461, 400 184, 450 !, 645,850 Total. 4£ per cent bonds redeemed. 4£ per cent continTotal pur- bonds ued at 2 per chased and cent from redeemed. September 2, 1891. $2,790,850 2, 011,450 1, 689,750 1,644, 500 1, 989,050 2,742,250 242,800 $2,790,850 10,472, 850 1,874,200 1,644, 500 1, 989,050 2,742,250 242,800 17,940,100 2,915,400 17,940,100 2,915,400 33,966,150 42, 612,000 $11,679, 500 11,236, 300 2,448,700 25,364,500 BOND WITHDRAWALS BY NATIONAL BANKS. The effect of the purchase and redemption of bonds during the year by the Treasurer upon the volume of circulation was inconsiderable; for, of the $3,926,050 bonds withdrawn by the banks, and substitution not made upward of $1,553,000 were withdrawn on account of failed and liquidating banks. Notwithstanding the withdrawal of $2,372,500 on account of reducing banks, there was an actual increase in the amount of circulation, for which the banks are responsible, as will be seen elsewhere. The following table shows the class and amount of bonds withdrawn by the banks, for purchase or redemption under Treasury circulars of October 9, December 6, 1890, June 2, July 2, August 24, September 2, and September 16,1891, and the class and amount of bonds deposited from October 31,1890, to November 1, 1891, together with the total withdrawals, on the deposit of lawful money, for which substitution was not made. 52 REPORT OF THE COMPTROLLER OF THE CURRENCY. Withdrawn. 1890. Nov. Dec. 1891. Jan . Feb. Mar. Apr. May. June July Aug. Sept. pt. Oct . . 4| per cent. 4 per $562,500 357, 750 $90,000 187,500 699,500 690, 500 1,280, 250 1,322,250 309, 500 767, 500 10, 381,050 11, 039, 900 2,476,100 49,500 United States bonds in s u b s t i t u t i o n . Total. t J per cent. $652,500 545,250 4 per cent. 4}2 per P . It. Jt.'s cent. 6 per cent. $'109, 000 224,000 155, 500 855, 000 342, 500 125, 000 815, 500 493,000 313,500 1, 593, 750 1, 01 f>, 250 352,000 1,674, 250 743,250 $7,000 217, 000 25, 000 125, 000 434,500 579,500 52, 500 882, 500 115, 000 856, 750 102, 500 241.500 10, 622, 550 $9,457,300 268, 750 11, 308, 650 9,780,350 1, 230,100 379,500 100, C 388, 750 2, 864, 850 1, 517,500 129, 500 80,000 Total. Total withdrawn upon deposit of lawful money. $50,000 12, 500 $359,000 236,500 $293,500 308, 750 180, 000 25, 000 131, 250 375,000 522,500 518,000 1,146, 500 1,125, 250 242, 000 719, 000 10,466, 550 11,060, 450 2,057, 000 332, 500 297, 500 447,250 549, 000 192, 500 1(33, 500 156, 000 248, 200 807, 850 129, 500 87,000 50,000 50,000 60,000 29,936,300 2,442,500 32, 378,800 20,755,150 6,389,850 287,000 1,020,750 28,452, 750 5, 926,050 ISSUES AND REDEMPTIONS. The following table gives the number and amount of national-bank notes of each denomination which have been issued and redeemed since the organization of the system, and the amount outstanding October 31: Number of notes. Denominations. Issued. Redeemed. Outstanding, Amounts. Issued. 23,169,677 22,802,425 367, 052 $23,169, 677 Ones 7, 747, 519 7,056, 646 90,873 15,495, 038 Twos 561,426, 260 112, 285, 252 102, 256, 995 10,028, 257 Fives 474,952, 880 47,495,288 42,117, 399 5, 377, 889 Tens 297,355, 680 14, 867,784 12,815,069 2, 052, 715 Twenties 99, 848, 700 1, 996, 974 1,808,128 188,846 Fifties 151,976,100 1,519,761 1,351, 725 168, 036 One hundreds 11, 947, 000 23,894 23,559 335 Five hundreds... 7, 379,000 7,379 7,337 42 One thousands... Total 209,113,528 190,839,483 18,274,045 1,643,550,335 Unpresented fractions of notes to be deducted from notes redeemed and added to amount of notes outstanding Total Eedeemed. $22,802,625.00 15,313, 292.00 511, 284, 975.00 421,173, 990.00 256, 301, 380.00 90,406, 400. 00 135,172, 500.00 11,779, 500.00 7,337,000. 00 Outstanding. $367,052.00 181, 746. 00 50,141, 285. 00 53, 778,890. 00 41, 054, 300. 00 9,442, 300. 00 16, 803, 600. 00 167, 500.00 42, 000. 00 1,471, 571,662.00 171, 978,673. 00 26, 288.75 26,288. 75 1,471,545,373.25 172,004, 961.75 The discrepancy in the amount of circulating notes outstanding October 31, which will become apparent when the several statements in this report are compared, is explained as follows: In the table on this page notes of national gold banks amounting to $116,837 are not included, and the table on page 44 includes $62,760, representing notes redeemed and destroyed to be reissued. The total issues of incomplete currency during the year are shown by the vault account^ as follows: National-bank currency in vault October 31, 1890 $42,504, 380 Amount received from the Bureau of Engraving and Printing during the year ended October 31, 1891 48,628,400 Total 91,132,780 Amount issued to banks during the year $46, 465,820 Amount canceled during the year, not having been issued . 1, 631,240 48,097,060 Balance in yault October 31, 1891 43,035,720 REPORT OF THE COMPTROLLER OF THE CURRENCY. 53 The following table shows the amount of new currency issued to replace notes redeemed and destroyed under the provisions of the act of June 2O71874? the amount issued to replace notes redeemed by lawful money deposited, under the act of July 12? 1882, and the amount issued to both old and new banks upon bonds deposited for the purpose of obtaining additional circulation. The table also shows the amount of circulation redeemed under the act of June 20,1874? establishing the national-bank redemption agency of The Treasury at Washington : TABLE SHOWING BY STATES THE AMOUNT OF " ADDITIONAL CIRCULATION" ISSUED AND RETIRED DURING THE YEAR ENDED OCTOBER 31, 1891, AND TOTAL AMOUNT ISSUED AND RETIRED SINCE JUNE 20, 1874. Circulation retired. Circulation issued. States and Territories. Under act of J u l y 12, 1882. New Hampshire Vermont Massachusetts Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana. Texas Arkansas Kentucky Tennessee Missouri Ohio Indiana Illinois Michigan "Wisconsin Iowa Minnesota Kansas Nebraska Nevada Oregon . Colorado Idaho . ... Montana Wyoming North Dakota South Dakota Washington California Utah New Mexico Arizona.. Oklahoma In dian Territory Alaska $10,220 45,000 20 21, 520 . . 19, 350 30 . . .1 -15, 370 . . Total . Surrendered to this office and retired From June 20,1874, to October 31,1890 Surrendered and retired, 111, 510 Additional. Total issued. $16,650 16,870 157,490 2, 633, 020 963, 610 841, 500 2,725, 200 112,070 1,855,175 $16,650 27, 090 157,490 2, «78, 020 963, 610 841, 520 2,725,200 112, 070 1,876,695 351, 010 45, 000 265, 500 86,625 54, 000 73, 345 151, 880 56,240 11, 250 11,250 22, 500 525,430 11,250 444, 370 106, 885 322 250 249^ 360 56, 250 409, 620 135,010 206,990 320, 850 80,990 204, 010 375, 770 351, 010 45, 000 265, 500 86,625 54, 000 92, 695 151,880 56,240 11, 250 11,250 22, 500 525, 430 11, 250 444,370 106, 885 322,280 249, 360 56, 250 409,620 135, 010 206, 990 320, 850 96,360 204,010 375,770 81,000 336, 385 39, 375 160,870 22,500 65, 260 84, 380 297,470 191, 270 67, 500 78, 750 11, 700 10 11,250 81,000 336, 385 39, 375 160, 870 22, 500 65, 260 84, 380 297,470 191,270 67, 500 78, 750 11, 700 10 11, 250 15,346, 940 15,458,450 olvent Under act I n sand of J u n e 20, liquidating 1874. banks. Total retired. $203, 087 108, 433 139, 813 1,367,268 415,442 441, 685 1,215, 915 231,166 1, 081, 694 40,705 232,985 7,842 70, 620 58,756 31, 356 26,930 50, 070 1,070 29,430 $635,303 410,787 403,198 5, 008,203 777, 657 1, 529,128 3,870,388 868,582 3, 079,454 252,965 517,047 43,520 124, 6C0 117,691 66, 318 50, 722 117,530 1,070 58,710 47, 478 43,482 17,120 242, 989 82, 231 84, 463 600, 894 204, 596 170, 591 162,776 75, 633 101,922 65,014 153, 268 48,350 10 12,320 25,230 6,590 5,411 7,390 12,085 3,120 23,430 91 1,160 890 181, 948 83, 052 43, 370 467, 727 148, 012 195, 925 1, 759, 398 524,731 259,427 225, 315 148,463 193, 045 114,905 196, 928 54, 654 10 26,450 94, 534 17,760 27, 621 1,870 7,390 12,085 9,630 134,005 25, 051 6,525 890 7, 952,801 22,893, 654 243,484, 073 271,930,573 125,856,790 397,787, 363 258, 942, 523 286, 871,426 133,809,591 436,938, 585 $432,216 302, 354 263, 385 3,640, 935 362,215 1, 087,443 2, 654,473 637,416 1, 997,760 212,260 284, 062 35, 678 . 54,040 58; 935 34,962 23,792 67,460 29, 280 134,470 39, 570 26, 250 224, 738 65, 781 111,462 1,158, 504 320,135 88, 836 62, 539 72, 830 91,123 49,891 43, 660 6,304 14,130 69, 304 11,170 22,210 1,870 6,510 110, 575 24, 960 5,365 14,940,853 226,070 16, 031,498 Grand total, Oct.31,1890. Notes of gold banks ai^ not included in the above table. 54 REPORT OF THE COMPTROLLER OF THE CURRENCY. Of the above $15,.°>4f>,040 there were issued to banks organized during the year $4,144,51)0, and to bunks already existing and increasing their circulation $11,20^,350. No changes have been made during the past year in the provisions oflaw relating to the redemption of nationalbank circulation, and the banks are substantially relieved from all requirements relating to redemptions, except those of keeping good a deposit of lawful money with the Treasurer equal to 5 per cent of their circulation, and the payment of a pro rata annual assessment for the cost of redemption. During the past year the receipts of the National Bank Bedemption Agency amounted to $69,679,242, of which amount $32,471,599, or 46 per cent, was received from New York City, and $7,407,440 from the banks in the city of Boston. The amount received from Chicago was $4,672,057; from Philadelphia, $4,556,442; from Baltimore, $1,781,695; from St. Louis, $1,275,755; from Cincinnati, $1,489,079; from New Orleans, $1,015,000; from Providence, $815,770, and from Pittsburgh $517,127. A certain proportion of notes received for redemption arefitfor circulation, and are returned to the issuing banks. These notes amounted during the year ended October 31, 1891, to $12,821,000. The following table exhibits the amount of national-bank notes received monthly for redemption by the Comptroller of the Currency during the year ended October 31, 1891, and the amount received during the same period at the Eedemption Agency of the Treasury, together with the total amount received since the passage of the act of June 20, 1874: Received by the Comptroller of the Currency. Months. From the redemption agency. For national banks in connection For reduc- Insolvent with reducFor retion of tion of circu- placement and circulation lation and liquidating with new under replacement national notes. act of June with new banks. 20,1874. notes. November, 1890 December, 1890 January, 1891 February, 1891 March, 1891 April, 1891 May,1891 June, 1891 July, 1891 August, 1891 September, 1891 October, 1891 Total Received from J u n e 20, 1874, to October 31,1890 Grand total $40 $1,655, 575 1,800 1, 926,180 90 2 538,155 30 2, 379, 950 20,380 2, 671, 605 560 2,190, 28'J 12, 070 3, 317,440 41, 095 3, 504, 200 55, 620 3, 306, 090 40 1, 900, 690 40,095 2, 749,765 5,040 2, 875, 760 Total. Received at the United States Treasury redemption agency. $1, 391,644 1,267, 692 1,665,876 1, 542, 947 1, 599, 624 987, 007 1, 360, 936 1, 450,405 1,053, 221 778, 884 1, 042, 270 800, 347 $716,381 667,015 793,864 734,203 839,361 651,430 719, 862 821, 394 644,696 421,192 623,943 419,560 $3,773,640 3. 862, 687 4, 997, 985 4, 657,130 5,130, 970 3,729, 277 5,410, 208 5, 817, 094 5, 059, 627 3,100, 806 4, 456,073 4,100,707 $4, 327,087 4, 711, 836 9,443,920 4, 953,537 5,115,459 5;048,370 7, 202, 701 7, 566,764 6. 368. 612 4,981,988 4, 710, 379 5 188,589 176, 860 31, 025, 690 14,940, 853 7,952,801 54, 096, 204 ti), 679,242 16, 637, 575 843,438,870 271, 872,273 125,731,799 1,257,680,517 2, 049,998,464 16,814,435 874,464, 560 286, 813,126 133,684,600 1,311,776,721 2,117,677,706 Notes of gold banks are not included in the above table. REPORT OF TTFK COMITUnU JMt OK THE CURRENCY. 55 The, following table exhibits the amount of national bank notes received at this office and destroyed yearly since the establish men. t of the system: P r i o r to November 1, 1805 D u r i n g year ended October 31— 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 $17;", 490 1, 050, 382 3,401,423 4, 602, 825 8, 603, 729 14,305, 689 24, 344, 047 30, 211,720 36 433 171 49,939, 741 137, 697, 606 98, 672, 716 76,918,963 57, 381, 249 41,101, 830 35, 539,660 D u r i n g year ended October 31— 1881 1882 1883 1834 1885 1886 1887 1888 1889 1890 1891 . . . . Additional amount of insolvent and liquidating national banks Total $54,941,130 74, 917,611 82,913,766 93,178, 418 91,048,723 59,989,810 47,726,083 59, 568,525 52, 207, 627 44,447,467 45,981,463 144,240,728 1,471,542,682 Notes of gold banks are not included in tbe above table. Tbere was in the vault of the redemption division of this office, awaiting destruction, at the close of business October 31, 1890 $80,360. 00 Received during tbe year ended October 31, 1891 54,114,094.50 Total Withdrawn and destroyed during tbe year Balance in vault October 31, 1891 54,194,454.50 53,053,154.50 241,300.00 REDEMPTION OF NOTES OF BANKS REDUCING CIRCULATION; OF THOSE IN VOLUNTARY LIQUIDATION, AND OF FAILED BANKS UNDER THE ACT OF JUNE 20, 1874. This act provides for a reduction of the outstanding circulation of an association upon the deposit of lawful money with the Treasurer of the United States in sums of not less than $9,000, and the act of July 12, 1882, requires a deposit of lawful money for the retirement of the old circulation of banks whose corporate existence has been extended. Under these acts, and on account of liquidating and insolvent banks, $454,844,949 of lawful money has been deposited with the Treasurer, including $2,663,720 deposited for the redemption of notes of national gold banks, and $97,756,232, for the redemption of national-bank notes under the act of July 12,1882. During the year ended October 31? 1891, $3,545,358 in lawful money was deposited, $1,878,282 of which was by banks reducing circulation, $1,352,926 by banks in voluntary liquidation, $70,398 by banks retiring old circulation issued prior to the extension of their corporate existence, and $243,752 by insolvent banks. The total amount deposited prior to and under the acts of June 20, 1874, and July 12, 1882, is $469,089,759, and of this sum $72,397,467 was deposited by banks in liquidation. Deducting from the total deposit the amount of circulating notes redeemed and destroyed without reissue, which was $433,659,038, there remained in the hands of the Treasurer on October 31? 1891, $35,430,721 in lawful money for the redemption and retirement of national-bank circulation, including $116,837 for the redemption of the circulating notes of national gold banks. Prior to June 20, 1874, national-bank notes amounting to $10,431,135 were redeemed and destroyed without reissue, $423,227,903 having been redeemed, destroyed, and retired since that date. The latter amount includes $2,546,883 of the notes of national gold banks and $78,121,644 of the notes of national banks whose corporate existence has been extended. 56 REPORT OF THE COMPTROLLER OF THE CURRENCY. There are no national gold banks now in existence, and the lawful money on deposit with the Treasurer of the United States, amounting to $116,837, represents the remaining outstanding* circulation of these banks. TAX UPON CIRCULATION, REDEMPTION CHARGES, AND ASSESSMENTS. United States statutes subject national banks to the payment of a semiannual duty of one-half of 1 per cent upon the average amount of notes in circulation issued upon deposits of interest-bearing bonds of the United States, and the banks are required under the provisions of the act approved June 20, 1874, to pay the expenses incident to the redemption of their notes to the Treasurer of the United States. The banks are also required to pay the expenses of preparing plates from which their circulating notes are printed. The fees allowed to national bank examiners are paid by the banks at rates fixed in accordance with the provisions of section 5240 of the Revised Statutes, as amended by the act approved February 19, 1875. The amount of tax upon circulation and assessments collected during the past year were as follows: Semi-annual duty on circulation Cost of redemption of notes by the United States Treasurer Assessment for cost of plates, new banks Assessment for cost of plates, extended banks Assessment for examiners' fees (sec. 5240, Revised Statutes) $1, 216,104. ?2 99, 366. 5^ 18, 575.00 7, 200. 00 138, 969.39 Total 1,480,215.63 The following table is a comparative statement of taxes assessed as semi-annual duty on circulation, cost of redemption of notes, cost of plates, and examiners' fees for the past nine years: Years. 1883 1884 1885 1886 1887 1888. 1889 1890 1891 Total..-. Semi-annnual duty on circulation. Cost of redemp- Assessment Assessment Assessment tion of notes for cost of for cost of for examby the ex- iners' fees new plates, United States plates, tended (sec. 5240, banks. Treasurer. banks. R.S.). $3,132, 006.73 3,024, 668. 24 2, 794, 584. 01 2,592,021. 33 2,044, 922.75 1,616,127.53 1, 410, 331.84 1,254,839. 65 1,216,104.72 $147,592.27 160, 896. 65 181,857.16 168, 243. 35 138, 967. 00 141,141.48 131,190. 67 107, 843.39 99, 366.52 $25, 980.00 18, 845. 00 13,150.00 14,810. 00 18,850. 00 14,100. 00 12,200.00 24,175. 00 18, 575. 00 $34,120.00 • 1,950.00 97, 800.00 24,825.00 1, 750. 00 3, 900. 00 575. 00 725.00 7, 200.00 19, 085, 606. 80 1, 277, 098.49 160, 685. 00 172, 845. 00 1, 047, 768.40 Total. $94, 606.16 $3,434,305.16 99, 642.05 3, 306, 001.94 107, 781. 73 3,195,172.90 107, 272, 83 2, 907,172.51 110, 219. 88 ' 2, 314, 709.63 121, 777. 86 1, 897, 046.87 138, 725. 79 1,685,023.30 136,772. 7.1 1, 524,355.75 138, 969. 39 1,480,215.63 21,744,003.69 Formerly national banking associations were required to pay a separate tax on both capital and deposits. The act approved March 37 1883, abated all taxes except that on circulation. The total tax collected from the national banks up to July 1, 1891, amounted to $7,855,887.74 on capital, $60,940,067.16 on deposits, and $71,339,125.04 on circulation, making a total of $140,135,079.94, REPORT OF THE COMPTROLLER OF THE CURRENCY. 57 LOANS. The following table gives a classification of the loans of the national banks in each of the central reserve cities of Kew York, Chicago, and St. Louis, in other reserve cities classified in groups, and in the rest of the country at nearly the same dates in each of the last five years; OCTOBER 5, 1887. On single lOnTT:nited On other name paper No. of stocks, States banks. bonds on bonds, etc., without other demand. on demand. security. New York Chicago St. Louis Group No. 1,4 cities Gronp No. 2,4 cities Group No. 3,4 cities Group No. 4,4 cities Country 1,445, 900 $95, 075,844 $17, 585,496 47 $1. 500 10,821*7351 15,498, 986 18 279, 603 5 1,182, 214 126 56,805 37, 717,725 32,464,759 7, 710, 369 41 60, 430 6,111,182 8,087,222 35 48,400 7, 887,689 1,117,443 8,213,092 7,500 21 2,756 1,413,918 44,335,893 124,035,463 All other loans. $143,906,941 34, 754, 972 8,920,936 177,884,888 35, 568, 827 43,232, 749 20,827,885 693,790,281 Total. $258,014,181 61,076,193 10, 382,753 248.124,177 49,' 450, 807 59,256, 060 30,165,920 863, 575,555 3,049 3,033,453 206,048,445 212,076,270 1,158,887,479 1, 580,045, 647 Total OCTOBER 4, 1888. New York Chicago St. Louis Group No. 1,4 cities. Group No. 2,4 cities Group No. 3,4 cities Group No. 4,4 cities Country 46 $2,132,159'$108,466,001 $28,626,295 9, 631,825 14,155,001 19 359, 296 921, 854 306,450 4. 148, 770 44,271,164 41,430,120 128; 7,806, 794 10, 765 7,182,779 41 i 75, OOOi 6, 570, 938 7,260, 665 33! 1,205, 596 8, 501,966 1, 200 22| 577,484 42, 586,172 135,967,639 2,847j $153,271, 026 41,129, 615 6,988,242 182, 567,237 37,435,637 42,188,407 21,303, 327 721, 806,861 3,140 3,304,674 221,460,144 243,430 915 1,206,690,352 Total $292,495,481 65,275, 737 8, 216, 546 268,417,291 52,435,975 56,095,010 31,012, 089 900,938,156 1,674,886,285 S E P T E M B E R 30, 1889. On demand,! On time, On paper w i t h TJ. S. with U. S. On paper with inbonds, other bonds, othNo. of with single dorsers, other bonds, bonds, banks. name, unse- erwise un- stocks, or stocks, or cured. secured. collaterals collaterals as security. as security. New York Chicago St. Louis Group No. 1,4 cities Group No. 2,4 cities Group No. 3,4 cities Group No. 4,4 cities Country Total , 45 $31,866,578 $119,366,417 $109,>, 579,495 $43,085, 31,275,073 — 20 15,947, 708 12,702, 779 12,455, 7,863, 955 1,846,621 2,897, 5 866, 900 145,457,842 54 280, 694 43,847, 129 43,237,334 29,328,014 9,770,705 12, 056, 43 8,308, 283 39,473,645 8, 337, 056 6,419, 33 8, 618, 618 16,140,667 3,432,808 7, 661, 23 9, 051,215 636,484,540 54, 314,240 125,279, 2,992 154,475,783 Total. $303, 898,166 72, 381, 075 13, 475, 246 286, 823,504 59, 468,472 62, 848, 516 36, 285,921 970, 553,839 3,290 272,372,4101,025,390,153 254,264,398 253,702,777 1, 805,729,739 OCTOBER 2, 1890. New York Chicago St. Louis Group No. 1, 5 cities* t Group No. 2,4 cities*.. Group No. 3,6 cities* t Group No. 4,4 cities*.. Country Total 47 29,044,063 19 16,714, 673 8 2,172,008 138 45, 604,639 8,683,687 50 46J 21,118, 680 25 10,116,981 3,207 164,665,256 J 122,226,904 27,897,562 16,274,789 146,363, 799 33,311,338 55,649,978 18,602,080 685, 600.401 302, 372,932 17,125,219 4,346,312 56,582, 852 11,002,538 10,540,565 6,225,020 63,538,244 43,466,652 297,110, 551 16,506, 704 78,244,158 6, 681,993 29,475,102 48,6G4, 875 297,21G, 165 13,140,182 66,137, 745 10,752,917 98,062,140 10, 313,144 45,257, 225 144,715,700 1, 058,519,601 3,540j 298,119,987 1,105,926,851 271,733, 682 294,242,167 1, 970,022, 687 58 REPORT OF THE COMPTROLLER OF THE CURRENCY. S E P T E T HER 25, 1R91. On demand On time, with TJ. S. with U. S. bonds, other boimds, other bonds, bonds, stocks, or stocks, or collaterals collaterals as security. as security. On paper with single nanie, unsecured. New York Chicago St. Louis Group— No. 1, 5 cities*! No. 2, 4 cities*.. No. 3, 7 cities*! No.4, 4cities*.. Countries Total 49 $25,125,313 $116, 957, 046 34,889,300 21 17,937,791 14, 617,141 2,093,451 9 136 42,118,748 8, 457, 434 54 49 18. 809,101 26 7,498,961 1,333 159,412, 548 141, 021, 853 29, 991, 803 54, 500,479 14,130, 558 662, 814,133 7,677 281,453,3471,068,922,313 Total. $2,925,418 $113,;, 787,196 $42,783,829 $301, 578, 802 3, 704, 939 13,525, 638 17, 508, 229 87,565, 897 558,571 3, 999,711 6,595,233 27,864,107 9, 015,155 1, 084, 034 3, 361, 241 2,100, 638 35,679. 202; 54,233,863 48,397,495 294,787,114 11,149, r 14,393, 999 65, 077,198 9,923, 642 11, 684,959 98, 279, 422 5, 596,114 9,954,626 39, 286, 897 54,065,103 162, 943,7571,074,914, 803 58,435,285 266,281,195 314,262,1271,989,354,240 * Group No. 1, Boston, Albany, Brooklyn, Philadelphia, and Pittsburg. Group No, 2, Baltimore, Washington, New Orleans, and Louisville. Group No. 3, Cincinnati, Cleveland, Detroit, Milwaukee, DesMoines, St. Paul, and Minneapolis. Group No. 4, Kansas City, St. Joseph, Omaha, and San Francisco. t Brooklyn, St. Paul, and Minneapolis were not reserve cities prior to 1890. In the table below is given a full classification of the loans in York City alone for the last six years : Oct. 7,1886. Oct. 5,1887. Oct. 4,1888. Sept. 30,1889. Oct. 2,1890. 45 banks. 47 banks. 46 banks. 45 banks. 47 banks. On indorsed paper $121,381,380 24,646,008 On single-name paper 2,002,550 On TJ. S. bonds on demand On other stocks, etc., on de91,636,791 mand 211, 432 On real estate security 13,854, 215 All other loans $115,316,625 17,585,496 1,445, 900 $117, 707,044 28, 626, 295 2,132,159 $119, 369,404 31,866, 578 1,124,109 $122,226, 904 29, 044,063 583,820 95,075,844 146, 885 28, 443, 431 108,466, 001 113,494 35,450, 488 108,258,112 201,878 43,078,085 101, 789,112 228, 778 43, 237,874 253, 732,376 258,014,181 292, 495,481 303,898,166 297,110,551 Loans and discounts. Total Sept. 25,1891. Loans and discounts. 49 banks. On paper with single name, unsecured , On paper with one or more indorsers, otherwise unsecured On demand with one or more indorsers, otherwise unsecured On demand with TJ. S. bonds, other bonds, stocks, or collaterals, as security On time with TJ. S. bonds, other bonds, stocks, or collaterals, as security Total $25,125,313 116, 957,046 2, 925,418 113,787,196 42, 783,829 301,578,802 KEPORT OF THE COMPTROLLER OF THE CURRENCY. 59 The subjoined tables bring' forward to the latest date the usual summary of information as to the course of deposits and reserve since the act of June 20? 1874, went into affect. They show the amount of deposits and the state of the reserve at about October 1 of each year, in each central reserve city, in all the reserve cities, and in the States and Territories, with a general summary embracing all active national banks: FEW YORK CITY. Date. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Sept. Oct. Oct. Oct. Oct. Sept. Oct. Sept. 2,1874 1,1875 2,1876 1,1877 1,1878 2,1879 1,1880 1,1881 3,1882 2,1883 30,1884 1,1885 7,1886 5,1887 4,1888 30,1889 2,1890 25,1891 Average for 18 years . . . Reserve held. I Classification of reserve. Reserve No. of Net de- required banks. posits. (25 per Amount. Ratio to Specie. Other law- Due from Redempdeposits. ful money. agents. tion fund. cent).* 48 48 47 47 47 47 47 48 50 48 44 44 45 47 46 45 47 49 47 Millions. Millions. Millions. Per cent. Millions. Millions. Millions. Millions. 33.4 52.4 51.2 14.4 68.3 204.6 1.5 29.9 50.7 54.4 60.5 5.0 202.3 • LI 30.7 49.5 60.7 45.3 197.9 14.6 0.8 27.5 43.7 48.1 174.9 34.3 13.0 0.8 26.8 47.4 50.9 189.8 36.5 13.3 1.1 25.3 52.6 53.1 210.2 32.6 19.4 1.1 26.4 67.0 70.6 268.1 11.0 58.7 0.9 23.3 67.2 62.5 268.8 10.9 50.6 1.0 25.4 63.5 64.4 254.0 18.9 44.5 1.0 26.5 66.7 70.8 266.9 19.7 50.3 0.9 35.6 63.7 90.8 255.0 27.0 63.1 0.7 37.0 78.2 115.7 312.9 23.7 91.5 0.5 27.2 70.7 77.0 282.8 12.5 64.1 0.4 28.2 71.1 80.1 284.3 16.1 63.6 0.4 28.2 85.5 96.4 342.2 22.1 0.3 73.9 25.1 84.5 84.9 338.2 0.2 25.6 59.1 27.8 83.2 92.5 332.6 0.2 13.9 78.4 26.3 81.9 86.1 327.8 0.3 32.0 53.8 261.8 65.5 74.1 28.3 46.2 27.2 0.7 12.9 13.1 15.3 17.0 20.1 6.7 7.8 9.6 7.8 11.0 0.05 0.05 0.05 0.05 0.05 1.3 1.0 1.6 3.1 3.8 1 R 1 1 1 o 2. 0 0.03 0.02 0.01 0.02 0.02 CHICAGO. Oct. Oct. Sept. Oct. Sept. 5,1887 5,1888 30,1889 2,1890 25,1891 18 19 20 19 21 64.6 69.3 78.7 82.9 92.9 16.2 17.3 19.7 20.7 23.2 19.7 21.0 25.0 24.8 31.2 30.5 30.2 31.7 30.0 33.6 ST. LOUIS. Oct. Oct. Sept. Oct. Sept. 5,1887 4,1888 30,1889 2,1890 25,1891 5 4 5 8 9 10.3 7.9 12.0 26.2 24.2 2.6 2.0 3.0 6.5 6.1 2.7 2.1 3.2 5.6 5.8 26.4 27.0 26.7 21.3 23.8 h *AU lawful money. RESERVE CITIES.* [Reserve 25 per cent, one-half in lawful money.] Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Sept. Oct. Oct. Oct. Oct. Sept. Oct. Sept, 2.1874 1.1875 2.1876 1.1877 1.1878 2.1879 1.1880 1.1881 3.1882 2.1883 30,1884 1.1885 7.1886 5.1887 4.1888 30,1889 2,1890 25,1891 221.4 223.9 217.0 204.1 399.9 288.8 289.4 335.4 318. 8 323. 9 307.9 364.5 381.5 338.5 384.9 419.0 457.8 451.9 55.3 56.0 54.2 51.0 50.0 57.2 72.4 83.9 79.7 81.0 77.0 91.1 95.4 84.6 96.2 104.8 114.4 113.0 76.0 74.5 76.1 67.3 71.1 83.5 105.2 100.8 89.1 100.6 99.0 122.2 114.0 100.7 116.9 121.9 129.8 138.8 34.3 33.3 35.1 33.0 35.6 36.5 36.2 30.0 28.0 31.1 32.2 33.5 29.9 29.7 30.4 29.1 28.3 30.7 4.5 1.5 4.0 5.6 9.4 11.3 28.3 34.6 28.3 26.3 30.3 42.0 44.5 36.3 40.0 37.8 43.1 45.5 36.7 37.1 37.1 34.3 29.4 33.0 25.0 21.9 24.1 30.1 33.3 34.9 26.0 23. 2 24.5 26.7 24.9 31.5 •Includes Chicago and St. Louis up to Oct. 5, 1887. 31.1 32.3 32.0 24.4 29.1 35.7 48.2 40.6 33.2 40.8 32.3 42.4 41.3 40.0 53.5 56.7 61.0 61.0 3.7 3.6 3.0 3.0 3.2 3.5 3.7 3.7 3.5 3.4 3.1 2.9 2.2 1.2 0.9 0.6 0.7 0.8 60 REPOET OF THE COMPTROLLER OF THE CURRENCY. STATES A1STD TERRITORIES. Reserve held. Reserve Date. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Oct. Sept. Oct. Oct. Oct. Oct. Sept. Oct. Sept. 2,1874 1,1875 2,1876 1,1877 1,1878 2,1879 1,1880 1,1881 3,1882 2,1883 30,1884 1,1885 7,1886 5,1887 4,1888 30.1889 2,1890 25,1891 Classication of reserve. Ko.of Ket de- required banks. posits. (15 per Amount. Ratio to Specie. Other law- Due from Redempcent).* deposits. ful money. agents. tion fund. r 1,774 1, 851 1, 853 1,845 1,822 1,820 1,859 1,895 2,026 2, 253 2,417 2,467 2,590 2,756 2,847 2,992 3,207 3,333 Millions. Millions. Millions. Per cent. Millions. 293.4 44.0 100.6 ;u. 3 24 L6 307.9 46.3 100.1 32. 5 2.7 291.7 43.8 99.9 34.3 4.2 290.1 43.6 95.4 32. 9 8.0 289.1 43.4 106.1 36.7 329.9 49.5 124.3 37.7 11.5 410.5 61.6 147.2 35.8 21.2 507.2 76.1 158.3 31.2 27.5 545.8 81.9 150.4 27.5 30.0 577.9 86.7 157.5 27.2 31.2 535.8 80.4 156.3 29.2 35.2 570.8 85.6 177.5 31.1 41.5 637.6 95.6 186.2 29.2 47.8 690.6 103.6 190.9 27.6 50.8 739.2 110.9 209.8 28.4 50.2 807.6 121.1 224.6 27.8 50.5 859.2 128. 9 225.5 26.2 54.3 861.8 129.3 235.5 27.3 60.3 Millions. Millions. Millions. 33.7 52.7 11.9 33.7 53.3 11.6 31.0 55.4 10.8 31.6 48.9 10.7 31.1 56.0 11.0 30.3 71.3 11.2 28.3 86.4 11.3 27.1 92.4 11.4 30.0 80.1 11.3 30.8 84.1 11.3 30.9 79.7 10.5 29.9 95.9 10.2 8.7 30.1 99.5 6.6 32.6 100.9 6.2 34.5 119.0 5.5 36.2 132.4 5.2 37.7 128.5 36.8 133.0 5.4 * Reserve 15 per cent, two-fifths in lawful money. SUMMARY. Oct. 2,1874 Oct. 1,1875 Oct. 2,1876 Oct. 1,1877 Oct. 1,1878 Oct. 2,1879 Oct. 1,1880 Oct. 1,1881 Oct. 3,1882 Oct. 2,1883 Sept. 30,1884 Oct. 1,1885 Oct. 7,1886 Oct. 5,1887 Oct. 4,1888 Sept. 30,1889 Oct. 2,1890 Sept. 25,1891 2,004 2,087 2,089 2,080 2,053 2,048 2,090 2,132 2,269 2,501 2,664 2,714 2.852 3,049 3,140 3,290 3,540 3,677 719.5 734.1 706.6 669.1 678.8 768.9 968.0 1,111.6 1,118. 6 1,168.7 1,098.7 1,248.2 1, 301. 8 1, 388.4 1, 543. 6 1, 655. 5 1, 758. 7 1, 758.6 150.1 152.2 147.5 138.3 140.8 159.3 201.0 227.2 225.1 234.4 221.1 254.9 261.7 278.0 311.9 333.1 353.7 353.5 244.9 235.1 236.7 210.8 228.1 260.9 323.0 321.6 303.9 328.9 346.1 415.4 377.2 394.2 446.2 459.6 478.2 497.4 34.0 32.0 33.5 31.5 33.6 33.9 33.4 28.9 27.2 28.1 31.6 33.3 29.0 28.4 28.9 27.8 27.2 28.3 21.3 8.1 21.3 22.8 30.7 42.2 108.2 112.7 102.8 107.8 128.6 175.0 156.4 165.1 178.1 164.3 195. 9 183.5 122.8 125.2 113.4 100.2 97.0 95.9 64.3 59.9 72.0 80.6 91.2 88.5 68.7 79.9 90.1 99.7 86.8 113.3 83.8 85.6 87.4 73.3 85.1 107.0 134.6 133.0 113.3 124.9 112.0 138.3 140.8 140.9 170.5 189.1 389.5 194.0 17.1 16.3 14.6 14,5 15.3 15.8 15.9 16.1 15.8 15.6 14.3 13.6 11.4 8.3 7.6 6.4 6.1 6.6 In the preceding tables the specie held represents the aggregate of gold and silver coin, Treasurer's certificates, and clearing-house gold certificates. A table will be found in the Appendix, page 148, showing the amount of each kind of coin and certificates held by the banks in each State and reserve city in October, 1888, September, 1889, October, 1890, and September, 1891. FAILED BANKS. Twenty-five national banks, with an aggregate capital of $3,662,000, were placed in the hands of receivers during the year, as shown in the following statement. In one case creditors have received 55 per cent of the principal, in another 45 per cent, in three cases 20 per cent, and in three cases 15 per cent. 61 EEPOET OF TIIK C(BUTUOLLKR OF THE CURRENCY. STATEMENT OF F A I L E D BANKS, TTIKIII SURPLUS • AND LIABILITIES, ACCORDING TO L A S T KEPOIIT OF CONDITION. As shown at date of last report of condition in each case. Date of authority to Name and location of bank. commence business. Date of Receiver failure. appointed Date of Surplus un- Other lia- last reCapital. and divided bilities*. port of condition. profits. First National Bank of Alma, Kans First National Bank of Belleville, Kans First National Bank of Meade Center, Kans American National Bank of Arkansas City, Kans City National Bank of Hastings, Nebr Peoples' National Bank of Fayetteville, N. 0 Spokane National Bank of Spokane Falls, Wash 1890. Aug. 3,1887 Nov. 10 1890. Nov. 21 $75,000 4,577 18,409 Aug. 28,1885 Dec. 2 Dec. 12 50,000 6,856 43, 240 5,1887 Oct. 17 Dec. 24 50,000 4,009 8 Dec. 26 300,000 29,323 604,001 Dec. 27,1883 Dec. 27 1891. Jan. 14 100,000 318 123,374 Dec. 17 J u n e 27,1872 Dec. 31 Jan. 20 125,000 33,490 130,841 Oct. 2 Jan. 24,1888 Dec. 18 Feb. 3 100,000 31, 610 565, 593 Oct. 2 Feb. 11 50,000 15,850 136, 250 Dec. 19 Mar. 25 50, 000 10,138 110, 248 Dec. 19 Apr. 7 50,000 8,065 May 9 May Mar. 15,1889 Dec. First National Bank of Ells1891. worth, Kans Sept. 11,1884 Jan. 26 Second National Bank of McPherson, Kans Sept. 16,1887 Mar. 2 Pratt County National Bank of Pratt, Kans Sept. 8,1887 Feb. 26 Keystone National Bank July 30,1875 Mar. 20 of Philadelphia, Pa Spring Garden National Bank of Philadelphia, Mar. 13,1886 May 8 Pa National City Bank of Marshall, Mich July 29,1872 June 3 Red Cloud National Bank of Red Cloud, Nebr May 10,1884 June 26 Asbury Park N a t i o n a l Bank of Asbury Park, Sept. 17,1887 July 1 N.J Ninth National Bank of Sept. 12,1890 July 1 Dallas, Tex First National Bank of Nov. 8,1882 May 22 Eed Cloud, Nebr Central Nebraska National Bank of Broken Bow, Sept. 28,1888 June 12 Nebr Florence National Bank of Oct. 3,1889 June 22 Florence, Ala First National Bank of PaJuly 15,1884 July 17 latka, Fla First National B a n k of May 17,1887 July 16 Kansas City, Kans Rio Grande National Bank Oct. 28,1889 Sept. 14 of Laredo, Tex First National Bank of Jan. 30,1806 Sept. 29 Clearfleld, Pa Farley National Bank of Dec. 18,1889 Aug. 21 Montgomery, Ala First National Bank of May 9,1887 Sept. 21 Coldwater, Kans Total. 1890. Oct. 2 Oct. 2 Oct. 2 Oct. 2 67,379 Dec. 19 500,000 120, 664 1,856,329 1891. Feb. 26 May 21 750,000 171,725 2, 007, 463 Feb. 26 June 22 100,000 34,236 July 1 75,000 7,316 July 2 July 16 July 16 100,000 5,626 300, 000 11, 641 75, 000 11,840 76,435 Feb. 26 July 21 July 23 Aug. 7 Aug. 17 Oct. 3 Oct. 7 Oct. 7 Oct. 14 76,726 May 4 94, 553 May 4 May 4 267, 063 July 9 44,671 60,000 12,458 97,891 May 4 100,000 5,374 74,466 May 4 150, 000 27,098 329, 640 July 9 150, 000 14,374 159,737 May 4 100,000 6,009 70,233 July 9 100,000 50,192 178,895 July 9 100, 000 28,118 171, 508 July 9 52,000 791 30,592 July 9 3,662,000 651,698 7,360, 525 * Total, as per report, except capital, surplus, circulation, undivided profits, and unpaid dividends. CAUSES OF FAILURE. The First National Bank of Meade Center, Kans., closed its doors October 17,1890, being unable to satisfy demand liabilities presented for payment. Injudicious loans had been made which were not readily convertible, and a sudden demand for the payment of a county deposit precipitated 62 REPORT OF THE COMPTROLLER OF THE CURRENCY. suspension. The remote causes of failure were negligence of directors, general stagnation of business, and decrease in values, resulting from continuous failure of crops. The First National Bank of Alma, Kans., for several months prior to suspension of business had received more than ordinary attention from the national bank examiner, two examinations having been made within a period of six months. The president of the bank was accused of borrowing money on the strength of the bank's indorsement for personal use and investment in private enterprises, and of issuing certificates of deposit in blank sums to be sold under contract by outside parties. Judgments were resting against the president individually, and judgment had been obtained against the bank by a correspondent, the sheriff levying upon the real and personal property. The amount of demand liabilities was very small and voluntary liquidation was contemplated, but an examiner, who visited the banfc with special instructions, closed the doors on [November 10, 1890, after due examination. The First National Bank of Belleville, Kans., closed its doors December 2, 1890. The president was a large borrower, and used the bank for individual purposes. The banking house was destroyed by fire October 28, and from that date deposits gradually diminished, seriously limiting the business of the bank. The president was active in promoting local enterprises, some of which were total failures, and there was no return from investments. The creditors have been paid 55 per cent on the principal of claims proved. The American National Bank of Arkansas City, Kans., closed its doors December 8, 1890. The condition of affairs was complicated. The officers of the bank had used assets to further personal interests, and created large and excessive loans. The immediate cause of suspension was inability to pay a demand certificate of deposit. There was an unwarranted extension of business in attempting to sustain enterprises in which the officers were interested, and large sums of money were borrowed upon certificates of deposit at high rates of interest. Dividends were paid to shareholders not justified by the earnings of the bank, and the directors were guilty of gross inattention to duty, disregard of the law and advice from the Comptroller. Dividends have been paid amounting to 20 per cent on the principal . of claims proved, and the assets may prove to be sufficient for payment in full. The Spokane National Bank of Spokane Falls, Wash., closed its doors December 18, 1890. The entire management of affairs was committed to the cashier and the vice-president, who were the moving spirits in speculative enterprises, which were carried on without interference or control by the directors, the latter never giving the bank any attention, but lending their names in support of the reckless operations of the cashier. About one-half of the deposits were locked up in private banks and mining interests. This condition of affairs made it impossible for the bank to meet its demand obligations, and was the immediate cause of suspension. A dividend of 15 per cent has been paid to creditors on the principal of claims proved. The City National Bank of Hastings, Nebr., closed its doors December 27, 1890. On October 17 an assessment upon the shareholders, amounting to REPORT OF THE COMPTROLLER OF THE CURRENCY. 63 50 per cent of the capital stock, was levied by the Comptroller, and remained unpaid. The examiner upon taking charge discovered the fact that more than one-half of an increase of capital certified to the Comptroller as having been paid in, and authorized by him in accordance with law, was represented by the notes of subscribers, the obligations remaining unpaid at date of suspension. Notes had been rediscounted for persons to whom the president had transferred real estate at fictitious values. High rates of interest were paid on certificates of deposit and bills payable to non-resident capitalists for several years prior to the suspension, and dividends not earned were declared and paid to shareholders. The board of directors was inattentive to duty, which made reckless mismanagement possible. A dividend of 15 per cent has been paid to creditors on the principal of claims proved. The People's National Bank of Fayetteville, N. 0., closed its doors December 31, 1890, the immediate cause being a slight run by depositors. The condition of affairs, as reported by the examiner upon taking charge, showed gross irregularities by the president and criminal violation of law. As a critical examination progressed, it was found that the bank had been practically insolvent for many years, the Comptroller and the examiners havingbeen deceived through systematic and successful attempts to carry among the assets a large amount of note's and bills as alive and secured which were in fact past due and worthless. The president was permitted to abstract funds of the bank upon the indorsement of notes taken by him in connection with an outside enterprise, and which v/ere represented as being secured by chattel mortgage. Fictitious drafts were drawn and carried by the bank as bills of exchange. The president was thoroughly dishonest; but, because the directors and other officers either did not know their duties or utterly failed to perform them, he was enabled to completely wreck the bank,. All the facts were promptly reported to the United States district attorney. The president was arrested, but the grand jury Tailed to find an indictment. A dividend of 20 per cent has been paid to creditors on the principal of claims proved. The First National Bank of Ellsworth, Kans., closed its doors January 26, 1891. Suspension was inevitable as the result of injudicious and reckless loans to the cashier and his friends, the funds being used and lost in speculation. A dividend of 15 per cent has been paid to creditors on the principal of claims proved. The Pratt County National Bank, of Pratt, Kans., closed its doors February 26, 1891. The president was a large borrower and a wild speculator. The bank was compelled to take mortgages to secure his indebtedness, which were not valuable as live assets, the aggregate amount representing more than one-half of the capital of the bank. The bank also suffered large losses in the earlier period of its existence, but the management undertook to conduct a successful business byborrowing on bills payable and bills receivable and paying excessive rates of interest on deposits. Upon sudden demand for the payment of the deposit of the county treasurer, the bank was forced to suspend. A dividend of 20 per cent has been paid to creditors on the principal of claims proved. The Second National Bank of McPherson, Kans., closed its doora March 2y 1891. The failure of this bank was due to the reckless man G4 REPORT OF THE COMPTROLLER OF THE CURRENCY. agement of its president, who squandered the assets. "When the bank suspended he committed suicide. The Keystone National Bank of Philadelphia, Pa., was closed to business on the morning of March 20, 1891 ? by order of the Comptroller of the Currency, the examiner immediately taking charge. An assessment upon the shareholders had been previously levied to make good an impairment of the capital, as such impairment was then estimated. The assessment was not responded to by the shareholders, and upon disclosures made by the president of the bank in person to the Comptroller, on the evening of March 19, immediate action was taken and the bank was closed. According to the records of the bank as then disclosed, the capital had not been entirely lost, but subsequent investigation developed the fact that collusion among the officers and employes had resulted in successfully deceiving the examiner and the Comptroller with respect to the true condition of the bank. The causes of the failure were reckless and criminal use of funds belonging to the bank, the bookkeeper having aided the president, who is a fugitive from justice, in deceiving the examiner by false entries, such entries being made at or about the dates of examination. This bookkeeper, after the suspension, admitted his guilt and was arrested, brought to trial, and sentenced to imprisonment for a term of seven years. Subsequently three other persons connected with the bank were arrested upon information and are now held under bail for collusion. A thorough investigation has progressed since the date of suspension, for the purpose of ascertaining all the facts andfixingpersonal liability. The city treasurer of Philadelphia appeared to be a large creditor, and permission was granted State and city authorities to investigate the records of the bank for the purpose of ascertaining the precise facts. The Treasury Department also instituted an investigation of all the records of the bank, with the view of ascertaining who is liable, criminally or otherwise, for the failure, which, is still in progress. The Spring Garden National Bank of Philadelphia, Pa., closed its doors on the morning of May 8,1891, being unable to settle with the clearinghouse. This suspension closely followed that of the Keystone National Bank, and as investigation proceeded it became evident that there had been criminal violations of law. On May 28 the president and cashier were arrested upon information and brought to trial. They were found guilty and relegated to the penitentiary for a term of ten years each. The First National Bank of Eed Cloud, Nebr., was closed by the examiner May 22, 1891, payment of a certificate of deposit having been refused, and in obedience to telegraphic instructions from the Comptroller. Upon investigation it was discovered that the bank had been in an insolvent condition for a considerable period of time, such condition having been caused by irregularities of former officers and general mismanagement. No meeting of the shareholders had apparently been held for more than two years, and the officers and employes immediately in charge were permitted to conduct its affairs. The funds of the bank were largely loaned to its officers and their relatives, the loans not being properly secured. The National City Bank of Marshall, Mich., closed its doors June 3, 1891. On June 2 the Comptroller was advised that the assistant cashier had embezzled a large sum of money, but that the bondsmen were able and willing to make good the entire loss without delay. The cashier was very inattentive to duty, and tlie directors, having REPORT OF THE COMPTROLLER OF THE CURRENCY. 65 unbounded confidence in the integrity of the employes, grossly neglected the interests of the bank. As investigation proceeded the embezzlement was found to equal the entire capital stock. On May 27 the examiner discovered the defalcation and informed the directors, but as the bank was still considered solvent, no action was taken to secure arrest, and the embezzler escaped before the doors were closed and the examiner took charges A dividend of 50 per cent has been paid to creditors upon the principal of claims proved. The Eed Cloud National Bank of Bed Cloud, Nebr., was closed by order of the Comptroller June 26,1891. All of its capital was represented by unconvertible securities, and the funds of the bank had been invested in local enterprises, at great loss. The condition of the bank was due to bad management and a total disregard of sound banking principles. The Asbury Park National Bank of Asbury Park, N. J., was closed by order of the Comptroller July 1, 1891. During the period of the bank's existence a sufficient amount of individual deposits were not obtained to make a profitable business. A large and costly building was constructed, and as an asset was not consistent with the volume of business. The president borrowed large sums, bad loans were made, and excessive interest was paid. Expenditures and losses were in excess of earnings, the directors were negligent of duty, and false statements of condition were made. The public and correspondent banks lost confidence and suspension became inevitable. The Central Nebraska National Bank of Broken Bow, Nebr., was closed by the examiner on the morning of June 12, 1891, upon receipt of instructions from the Comptroller. The immediate and remote causes for this action were the heavy loans made to individual directors, aggregating three-fifths of the capital of the bank, and the heavy loss sustained upon bills receivable, which had been foisted upon the bank through questionable methods adopted by the officers in endeavoring to aid outside enterprises wholly foreign to the locality. Large sums of money were borrowed at high rates of interest, for which nearly all of the good paper of the bank had been pledged as security. The Florence National Bank of Florence, Ala., closed its doors June 22, 1891, the entire capital having been lost. The former president had absolute control, improperly used the funds of the bank to sustain outside enterprises, and was forced to resign $ but his management had placed the bank in a position from which it could not recover. The suspension of the bank was precipitated by the protest of drafts aggregating an inconsiderable amount drawn upon a correspondent bank. The Ninth National Bank of Dallas, Tex., was closed by the examiner July 1,1891, upon receipt of telegraphic instructions from the Comptroller. The bank commenced business in September, 1890, and was controlled by the cashier, who had previously become indebted for a large amount to another national bank, of which he was an officer, and funds of the Ninth National Bank were used to liquidate his indebtedness. The directors held meetings only on call, and were not attentive to duty. A large proportion of the loans were made to irresponsible parties without sufficient security, and the proceeds were subrogated to the uses of the cashier. A new management was effected, but the capital had become so impaired that suspension was inevitable. After the examiner took charge an attempt was made to control sufficient funds for the payment of creditors in full, so that the bank might be placed in voluntary liquidation, bat the effort did not succeed. From the 11167 5 66 REPORT OF THE COMPTROLLER OF THE CURRENCY. records it would appear that the failure was almost entirely due to the wild speculations and dishonest practices of the cashier. The First National Bank of Kansas City, Kans., closed its doors July 16, 1891, upon demand for the payment of the city deposit. A former president, in conjunction with the vice-president, were active speculators in real estate and the promoters of outside enterprises. These officers, and other real estate dealers, became indebted to the bank for large sums, and when a reaction from abnormally high prices resulting from a so-called "boom" occurred, were unable to meet their obligations or secure them with convertible collaterals. Settlements were forced upon the bank by transfers of real estate, to such an extent that the assets were tainted with a doubtful or worthless character. The credit of the bank having become impaired, confidence was destroyed, and stringency in the money market caused a withdrawal of deposits. The bank was unable to borrow from correspondents, not being able to pledge sufficient security, and finally could not meet demand obligations. The First National Bank of Palatka, Fla., closed its doors July 17, 1891. The president was connected with a city banking institution which failed. Public confidence was destroyed, which resulted in a considerable withdrawal of deposits. A large amount of stock, bonds, and real estate mortgages were among the assets, which at date of suspension represented a large loss. Serious depreciation of values and stagnation of business were general in the locality. Formerly, the management having been left entirely to the president, loans and investments were made in outside enterprises, dependent wholly upon the duration of exceptional local prosperity. The president and his relatives were large borrowers, and invested the funds in sustaining local schemes. Finally the bank was unable to borrow from correspondents, or rediscount paper, and could not meet demand obligations. The Farley National Bank of Montgomery, Ala., closed its doors August 21, 1891. The immediate cause of the suspension was the protest of drafts, aggregating in amount a sum greater than the capital of the bank, which had been cashed in the interests of a railroad company, collateral security being held, but not readily convertible. Efforts are being made to realize upon the security, so that the bank may resume business. The Rio Grande National Bank of Laredo, Tex., was closed by examiner upon receipt of instructions from the Comptroller September 14, 1891. The principal cause of failure Avas the use of the bank's funds in sustaining an improvement company which owned a large area of land in the locality. The bank was doing no business, its caj)ital was seriously impaired, and its resources locked up in unconvertible securities. The depositors were few; the aggregate amount due was insignificant, and there was no money in the bank to loan. The First National Bank of Coldwater, Kans., was closed by a national bank examiner, upon receipt of instructions from the comptroller, September 21, 1891. An assessment upon the capital had been made, but the shareholders did not respond. Former officers of the bank were reckless speculators in real estate, and failed, owing the bank large amounts. Their successors were large borrowers for similar purposes. ,The general causes which resulted in suspension were bad and careless management and indifference to duty on the part of the directors, who left the management entirely in the hands of the cashier. A movement to raise sufficient funds to pay creditors in full, so that the bank might be placed in voluntary liquidation, was abandoned. REPORT OF THE COMPTROLLER OF THE CURRENCY. 67 The First National Bank of Clearfield, Pa., closed its doors September 29, 1891. The entire capital had been lost. The management of the bank rested wholly with the president, who had large interests in ontside enterprises and a State bank, using the national bank for individual purposes. Excessive loans were made in sustaining outside deals. Good assets were systematically abstracted, and worthless' assets substituted. Loans not represented by the obligations of firms and companies in some form or other, in which the president was interested, were based upon accommodation paper. Large loans were floated, represented by paper made by persons and firms of doubtful character. The bank acquired control of a mill property, which locked up large sums of money in the purchase and operation, and was a losing investment. The directors were either negligent or guilty of collusion. The irregularities already discovered strongly indicate fraudulent and gross violations of law. The president was promptly arrested and held for trial. The Washington National Bank of New York City was organized June 5, 1890, with a capital of $300,000. Injudicious loans were made, and the capital became seriously impaired. The doors were closed to business March 24, 1891, but the assets being sufficient to pay all liabilities, the bank was permitted to go into voluntary liquidation. The Newton National Bank of Newton, Kans., closed its doors November 20, 1890. A few months prior to this date an increase of capital stock had been approved by the Comptroller, the affairs of the bank, according to reports, being in good condition. A considerable number of shares of stock were owned by non-residents, who regarded the investment as secure without inquiry as to the conduct of the bank with respect to its management. After suspension the fact was developed that most of the increase had been collected prior to authorization by the Comptroller, and was represented substantially by loans made to a bank in Gruthrie, Okla.? which had failed. The cashier of this bank was the cashier of the Newton National Bank and co-manager. The management of the Newton National Bank practically rested with the vice-president and cashier. Only one-third of the capital stock was held by local shareholders, so that unusual facilities were afforded these officers for using the funds of the bank uncontrolled, as they owned about two-thirds of the stock locally held. The officers borrowed largely from the bank, and pledged a majority of the good bills as collateral security for rediscounts. The Eastern shareholders were prompt in taking steps looking to a repairment of the capital, and their efforts resulted in a deposit of sufficient fresh capital in cash to place the bank upon a solvent footing. The receiver was withdrawn, and the bank was permitted to resume business July 1,1891. The Farmers and Merchants' National Bank of Clarksville, Tenn., closed its doors December 10,1890, on account of the embarrassment created by the failure of a private bank and firms indebted to it in large sums. Eeports indicated that the embarrassment was temporary, and immediate steps were taken by the shareholders to repair the capital, so that, if permitted, the bank might resume business. Their efforts were successful, a voluntary assessment was levied and paid, bad debts were charged off, and as a result there became available funds sufficient to pay all liabilities, leaving the capital intact. The bank was permitted to resume business April 20? 1891, 68 REPORT OF THE COMPTROLLER OF THE CURRENCY. Tlie affairs of three national banks have been closed during the past year and final dividends have been paid to their creditors. Name and location of bank. State National Bank Raleigh N. C National Bank of Sumter, S C. . . . Lancaster National Bank, Clinton, Mass Date of ap- Total divi- Proportion pointment dends on of interest of .receiver. principal. paid. Mar. 31,1888 Aug. 24,1887 Jan. 20,1886 Per cent. 53 100 100 Per cent. 100 100 Out of 4,648 national banks organized since February, 1863, only 164, or about 3.53 per cent, have been placed in the hands of receivers; this includes 9 which had been previously placed in liquidation by the shareholders, but upon their failing to pay depositors the Comptroller appointed receivers to wind up their affairs. Of the 164 failed banks, 35 have paid creditors in full, principal and interest, 6 have paid principal and a part of the interest, and 12 have paid the principal only. The affairs of 102 of the 164 banks have been finally closed, leaving 62 in process of settlement, of which 15 are virtually closed, with the exception of pending litigation, leaving 47 receiverships in active operation. The total amount so far paid to creditors of insolvent national banks has been $38,629,123, upon proved claims amounting to $57,792,028. The amount paid during the year has been $1,725,883, besides $15,903 paid for dividends declared prior to November 1,1890, on claims proved since that date. Assessments amounting to $15,173,050 have been made upon shareholders of insolvent national banks under section 5151 of the Bevised Statutes of the United States. From this source the gross collections amount to $6,621,409, of which there has been received during the past year $257,734. Suits are pending in some cases. In the Appendix, page 208, a table will be found showing, under various heads, amounts collected from the assets of each of the 164 insol vent national banks, the amounts disbursed, and the purpose. Ail moneys and assets are accounted for, and the figures supply all information necessary to the ascertainment of percentages and loss. 69 REPORT OF THE COMPTROLLER OF THE CURRENCY. DIVIDENDS, THIRTY-EIGHT IN NUMBER, PAID TO THE CREDITORS OF INSOLVENT NATIONAL BANKS DURING THE PAST YEAR, WITH THE TOTAL DIVIDENDS IN EACH CASE UP TO NOVEMBER 1, 1891. Date of Fame and location of bank. appointment of receiver. Gloucester City National Bai*k of Gloucester City, N.J Do Third National Bank of Malone,N.Y Lancaster National Bank of Clinton, Mass First National Bank of Corry, Pa Pacific National Bank of Boston, Mass State National Bank of Wellington, Kas Do Do California National Bank of San Francisco, Cal. State National Bank of Raleigh, N. C, Harper National Bank of Harper, Kans. Date. Amount. June 12,1890 Nov. 6,1890 Oct. 29,1891 $5,493.06 5,913.81 20 20 Dec. 30,1889 Nov. 12,1890 Jan. 20,1886 Nov. 20,1890 Oct. 11,1887 Dec. 15,1890 11,614.79 20 May 22,1882 Dec. 26,1890 Sept. 25,1890 Dec. 31,1890 Apr. 23,1891 June 30,1891 Jan. 14,1889 { Oct. 7,1891 47, 942. 51 16,900.74 8,700. 52 11,929.39 12,408.41 ! 14,127.54 25, 345. 09 9. 85 100 5 90 2 61 25 25 25 5. 55 ! 100 9, 780.48 3 53 Feb. 10,1890 Feb. 3,1891 3,766. 22 20 20 Apr. 25,1891 Feb. 4,1891 7, 532. 44 91, 793.32 40 20 60 80 Sept. 22,1891 Feb. 6,1891 46, 219. 26 7,62G. 09 10 15 90 15 Mar. 5,1891 Apr. 23,1891 Feb. 13,1891 7,626. 05 24,451. 41 3,998. 70 15 40 25 30 70 25 Mar. 21,1891 Sept. 30,1891 Mar. 17,1891 5, 669. 32 3, 051. 58 9, 312. 93 20 10 20 45 55 20 May 20,1891 July 28,1891 Mar. 20,1891 13,969.52 23,090. 76 37, 596.11 30 12. 50 35 50 62.50 65 Apr. 15,1891 86, 766. 69 3 Apr. 15,1891 9,161.04 15 Apr. 15,1891 33, 890. 99 96 Apr. 29,1891 12,104. 06 15 100 100 15 May 14,1891 18, 349. 01 July 1,1891 29,649.22 July 20,1891 673,932.20 80 20 73 100 5,873.94 20 July 24,1891 14,710. 63 15 July 28,1891 33,350. 56 20 A u g . 5,1891 216,233. 69 50 Sept. 30,1891 42,588.25 15 ....do 77,510. 63 50 1,709,980. 96 cent. 25 50 75 Jan. 12,1891 ....do Proportion of interest paid depositors Per cent. Per 20 40 Mar. 31,1888 Park National Bank of Chi-, July 14,1890 cago, HI. Do First National Bank of Ab- Jan. 21,1890 ilene, Kans. Do Do First National Bank of Belle- Dec. 12,1890 ville, Kans. Do Do Kingman National Bank of Oct. 2,1890 Kinsman, Kans. Do Do. First National Bank of Apr. 22,1889 Anoka, Mmn. Fjxchange National Bank of Apr. 9,1885 Norfolk, Va. First National Bank of Shef- Dec. 23,1889 field, Ala. Fifth National Bank of St. i Louis, Mo. First National Bank of Ells- I Nov. 15,1887 worth, Kans. People's National Bank of I Feb. 11,1891 Fayetteyille, N. C. First National Bank of Mon- Jan. 20,1891 mouth, 111. Marine National Bank of the Apr. 22,1884 City of New York, N. Y. Pratt County National Bank May 13,1884 of Pratt, Kans. City National Bank of Hast- Apr. 7,1891 ings, Nebr. American National Bank of Jan. 14,1891 Arkansas City, Kans. Fidelity National Bank of Dec. 26,1890 Cincinnati, Ohio. Spokane National Bank of June 27,1887 Spokane Falls, Wash. National City Bank of Mar- Feb. 3,1891 shall, Mich. June 22,1891 Total Total dividends paid dePer cent. positors. Dividends paid during the year. 100 70 REPORT OF THE COMPTROLLER OF THE CURRENCY. INACTIVE RECEIVERSHIPS. Fifteen banks remain in the hands of receivers, the affairs of which are practically wound up, and the trusts are kept on the inactive list because of pending litigation or of the possession of assets, an immediate disposition of which would entail unnecessary sacrifice. The expenses of a trust in this condition are nominal and limited to what is actually necessary to proper and careful attention to the matters in abeyance. Titles to property pass through a receiver and the courts, but final dividends are sometimes paid from the office of the Comptroller, especially in the event of a considerable lapse of time after a receiver has realized upon all available assets. By comparison with the report of 1890 it will be observed that only one of the banks then reported on the inactive list has been stricken out. It is expected that the unsettled affairs of most of those in the list will be disposed of within the next year and the receiverships formally terminated. The following is a list of receiverships in an inactive condition: and location of bank. First National Bank, Albion, N. T First National Bank, Anderson, Ind Third National Bank, Chicago, 111 Central National Bank, Chicago, 111 First National Bank of Union Mills, Union City, Pa German-American National Bank, Washington, D. C First National Bank, Monniouth, 111 Mechanics' National Bank, Newark, N. J First National Bank, Livingston, Mont First National Bank, Pine Bluff, Ark First National Bank, Buffalo, N. T . First National Bank, Leadville, Colo First National Bank, St. Albans, Vt First National Bank, Sio'ix Falls, S. Dak . Fifth National Bank, St. Louis, Mo Date of apDivpointinent of idends receiver. paid. Ang. 26,1884 Nov. 23,1873 Nov. 24,1877 Dec. 1,3877 Mar. 24.1883 Nov. 1,1878 Apr. 22.1884 Nov. 2,1881 Aug. 25,1884 | Nov. 20,1886 Apr. Jan. Apr. Mar. Nov. 22,1882 24,1884 22,1884 11.1886 15.1887 Per cent. 28.50 39.50 100 60 70 50 100 67.405 95 45 43.50 40 25 40 * And interest. Meeting of shareholders called. The total number of national banks organized since February 25, 1863, is 4,648, of which 3,694 are now in operation, 954 having passed out of the system, accounted for as follows: Passed into voluntary liquidation to wind up their affairs Less number afterward placed in the hands of receivers 629 9 Passed into liquidation for purpose of reorganization Passed into liquidation upon expiration of corporate existence Placed in hands of receivers 620 80 *91 164 Less restored to solvency and resumed business 955 1 Total passed out of system 954 BANKS IN VOLUNTARY LIQUIDATION. National banks complying with United States statutes are permitted to go into voluntary liquidation, and in some instances, when affairs have been partially closed, the Comptroller has been requested to per* Forty-four of these have been reorganized. REPORT OF THE COMPTROLLER OF THE CURRENCY. 71 mit resumption of business, the same title and charter number being retained. The reasons for such requests are generally based upon an unexpected appreciation in the value of assets, a desire to avoid sacrifices seemingly unnecessary, a change of management found to be important, and a desire to retain the title for its business value* The Supreme Court of the United States has held that a national bank in voluntary liquidation is not dissolved as a corporation, and may bring suit or defend for the purpose of winding up its business (Bank vs. Insurance Company, 104 XL S., 54), and section 7 of the act approved July 12, 1882, provides: That national banking associations whose corporate existence has expired or shall hereafter expire, and which do not avail themselves of the provisions of this act, shall he required to comply with the provisions of sections 5221 and 5222 of the Revised Statutes in the same manner as if the shareholders had voted to go into liquidation, as provided in section 5220 of the Revised Statutes; and the provisions of sections 5224 and 5225 of the Revised Statutes shall also he applicable to such associations, except as modified by this act; and the franchise of such associations is hereby extended for the sole purpose of liquidating their affairs until such affairs are finally closed. It has been held by the courts that under act of Congress approved July 12, 1882, extending for the purpose of liquidation the franchises of such national banking associations as do not request an extension of their corporate existence, and making applicable to them the statutes relating to the liquidation of similar banking associations, the shareholders may continue to elect officers and directors for the purpose of effecting liquidation. In*the case referred to, the court held that the right to elect directors and such other officers as are usually chosen by a business corporation is a part of the corporate franchise, and that when the franchise is extended, although for a limited purpose, the corporation may exercise all the powers originally conferred upon it which are appropriate for that purpose, among which is the election of directors, the right to manage its own affairs belonging to the bank through the shareholders, and not to those who by accident are found to be directors in possession. In 1868 the question arose as to whether the Comptroller of the Currency had authority to permit a national bank in voluntary liquidation to resume all its corporate powers, the request having been made by a bank which had been permitted to go into voluntary liquidation, the shareholders haying rescinded a former resolution, and requesting leave to withdraw notice to the Comptroller of a desire to liquidate the affairs of the bank. The matter was referred to the Department of Justice, and the opinion rwas rendered that resumption of business under such circumstances w ould involve too many grave consequences to admit of the supposition that such an event was contemplated by Congress, or that it was consistent with the law. It has been strongly urged, however, that inasmuch as the association does not lose its corporate entity prior to a disposition of the last remaining asset, title and charter number having been preserved, and the association having been inactive as to new business only, retroactive action by shareholders owning, two-thirds of the stock, relative to resumption of business, should be equally potential with the original resolution as to voluntary liquidation, inasmuch as the Comptroller is not inhibited by the law from taking cognizance of such action. By reference to the statute above quoted it will be seen that assoeitions which do not avail themselves of the provisions of the act for extension of corporate existence are required to comply with the provisions applicable to associations in voluntary liquidation consequent '(Z REPORT OF THE COMPTROLLER OF THE CURRENCY. upon tlie action of shareholders, and that the franchises of the class first mentioned are extended for the sole purpose of liquidation. It seems improbable that Congress intended to make a distinction between associations in liquidation by reason of the action or non-action of shareholders, although in the first instance the language of the statute is that the association may be closed, and in the other it is more clearly indicated that the association is to be closed. Even if it could be conclusively shown that the Comptroller can legally permit a bank in voluntary liquidation to resume business, there would be insuperable objections to the exercise of such authority, arising out of a consideration of those principles which underlie a sound public policy with respect to the security of the depositors and creditors of national banks under existing law. Whenever depositors and creditors are paid in full, shareholders are released from the stock liability prescribed by section 5151 of the Revised Statutes; and, if the association should be resuscitated, by what process could this liability be reassumed or enforced? Furthermore, the convertible assets having been realized to liquidate indebtedness, the doubtful alone remain to represent the interests of shareholders, and as constituting a part of the capital would be a constant menace to the welfare of the association. DIRECTORS. All the powers of a national banking association are exercised through its board of directors. As a general rule it may be said that associations will prosper just in proportion as their directors are intelligent and faithful. The details of the business must of course be in charge of its officers, and the duty of selecting these is one of the greatest responsibilities devolved upon the board, for unless the active managers are skillful, honest, and attentive the affairs of the association can not prosper. With the selection of a proper corps of officers the duties of the directors are well begun, but this is far from constituting all that is required of them. A recent decision of the Supreme Court of the United States has attracted attention to the fact that the duties and responsibilities of directors of national banks are now ill defined. Without any purpose to enter into a discussion of the decision in the case mentioned (Briggs vs. Spaulding, et al)7 the Comptroller desires to say that legislation should make these duties so clear and unequivocal that no person of intelligence could plead ignorance of the requirements of the position. National banks deriving their franchises from the General Government have in the past been conducted with conspicuous fidelity and have afforded unexampled security to those who have made them the depositary of their funds. While these facts are well known to all who have access to statistics upon the subject, there is still room for progress in the direction of security. No matter what safeguards are provided their enforcement must necessarily be committed to human agencies, and these are often unskillful and occasionally corrupt. Experience shows that governmental supervision of national banks has been in the past of very great service in promoting safe and conservative banking, although its value is neither fully understood nor appreciated. Upon the directors, however, properly rests the responsibility of management, and any plan which contemplates relieving them in this respect is false in principle and will be found vicious in practice. REPORT OF THE COMPTROLLER OF THE CURRENCY. 73 Neither can they be safely permitted to delegate their powers and responsibilities to others, nor neglect them with impunity. If the provisions of existing law permit directors of national banks to escape liability for losses resulting from transactions forbidden by the national bank act by pleading ignorance of such transactions, while such ignorance is the result of neglect of the affairs of the associations committed to their charge, it will be useless to expect in the future any better results than have been experienced in the past. As a matter of fact the greatest difficulty experienced by the Comptroller in promoting the successful management of the associations coming under his supervision has resulted from his inability to inspire the directors of national banks with a proper realization of the duties which they owe to the shareholders whom they have consented to serve and the creditors whom they have engaged to protect. The greatest obstacles to be overcome are neglect and inattention. In far too many associations boards of directors never meet except upon the occasions when dividends are to be declared, and even this is sometimes unlawfully attempted without necessary action upon their part. In other cases there is a disposition exhibited by directors to monopolize the loans and discounts of the bank, thus converting to their own use the funds of others entrusted to their keeping, thereby exposing the bank to losses by reason of want of proper distribution of its loans and subjecting to inconvenience those customers of the bank who are not favored with a place at the directors' table. Such inattention and selfishness are too often the characteristics of bank directors and are productive of serious consequences, but when accompanied, as they sometimes are, by lack of integrity the most direful results are realized. In relation to no matter connected with the conduct of national banks is legislation more imperatively demanded than in making plain the duties of those who accept the position of directors. If to absent themselves from the bank and from the meetings of the board affords safe grounds of defense when it is sought to hold them accountable for losses which their presence and reasonable oversight would have prevented, then the public have been grossly deceived as to the measure of duty which shareholders and creditors may properly demand of officers to whom such important trusts have been committed. If the board of directors may safely neglect everything connected with the conduct of a bank except the election of officers and the declaration of dividends, then the law is greatly at fault. Such a complete abdication of powers ought not to go unrebuked and unpunished. All other safeguards will prove of little value if the chosen and only representatives of the shareholders may lawfully refuse and neglect to give the interests committed to their care such attention and supervision as successful proprietorship has at all times demanded. LEGAL DECISIONS. A digest of the most prominent national-bank cases will be found in the appendix, page 00, decisions by the courts having been added from year to year. This digest is intended to furnish the management of national banks with a convenient source of reference and to accommodate the general public, much correspondence with the office being thus avoided which would otherwise be necessary. A very important case was decided by the Supreme Court of the United States during the last term affecting the liability of directors of national banks with respect to negligence and inattention to duty. 74 REPORT OF THE COMPTROLLER OF THE CURRENCY. TRANSACTIONS OF THE NEW YORK AND OTHER CLEARING-HOUSE ASSOCIATIONS. The present membership of the New York Clearing-House Association comprises 45 national banks, 18 State banks, and the subtreasnry at Kew York$ sixty-four members in all. There are 50 national and 44 State banks in New York City, and 5 national and 26 State banks not being members, clear through other banks which are members of the association. ^ The following information with respect to the operations of the clearing-house associations in the United States has been kindly furnished, upon request, by Mr. W. A. Camp, manager of the Clearing-House Association at New York City: COMPARATIVE STATEMENT FOR TWO YEARS OF THE TRANSACTIONS OF THE NEW YORK CLEARING-HOUSE, SHOWING AGGREGATE AMOUNT OF CLEARINGS, AGGREGATE BALANCES, AND THE KINDS AND AMOUNTS OF MONEY PASSING IN SETTLEMENT OF THESE BALANCES. Kinds of money and amount of each kind. Year ended— Aggregate clearings. sgate Lees. Treasury certificates Legal for legal U.S. tenders U. S. gold sec. and minor certificates. Treasury tenders, 5193, TJ. S. coin. Revised notes. Statutes. Percentages to balances. Gold Legal certifi- tendcates. ers. Dollars. Dollars Dollars. Dollars. Dollars. Dollars. Oct. 1,1890.. 37, 660, 686, 5721 , 753,040,145 1, 735,316, 000 *6,914,000 4,995, 000 5,815,145 99.0— 1.0+ 1,247,500,64.9+35.1Oct. 1,1891.. 34,053,698, 770 L,584,635,"5 001 , 028,443,000 102^1,435. 000 1353, 510, 000 100, Increase. Decrease 3, 606,987,802 168,404,645 706, 873,000 95, 621,000 t348, 515, 000 94,432, 355 * The so-called United States Treasury notes are issued in pursuance of the provisions of the act of Congress directing the purchase of silver bullion and the issue of Treasury notes thereon, approved July 14,-1890. They are payable on demand in coin. 11ncludes $27,030,000 clearing-house loan certificates of 1890. REPOET OF THE COMPTROLLER OF THE CURRENCY. 75 The following is a comparative statement of transactions of the New York Clearing House for thirty-eight years, and shows for each year the number of banks, aggregate capital, clearings and balances, average of the daily clearings and balances, and the percentage of balances to clearings: Tear. 1854 1855 1856 1857 1858 1859 1860 1861 1862 1863 1864 1865 1866 1867 1868..,.. 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 Total No. of banks. 50 48 50 50 46 47 50 50 50 50 49 55 58 58 59 59 61 62 61 59 59 59 59 58 57 59 57 60 61 63 61 64 63 64 63 63 64 63 Capital.* $47, 044, 900 48,884,180 52, 883, 700 64,420,200 67,146, 018 67, 921, 714 69,907,435 68, 900, 605 68, 375, 820 68, 972, 508 68, 586, 763 80, 363, 013 82,370,200 81, 770, 200 82, 270,200 82, 720,200 83, 620, 200 84,420, 200 84,420, 200 83, 370, 200 81,635,200 80,435, 200 81,731, 200 71, 085,200 63, 611, 500 60, 800, 200 60,475,200 61,162,700 60, 962,700 61,162,700 60,412,700 58,612, 700 59,312,700 60, 862,700 60,762, 700 60,762,700 60,812,700 60, 772, 700 168,493,207 Clearings. $5,750,455. 987 5, 362, 912, 098 6,906, 213, 328 8, 333,226,718 4, 756,664, 386 6,448, 005, 956 7,231,143, 057 5,915, 742, 758 6,871,443, 591 14,867, 597, 849 24, 097,196,656 26, 032, 384, 342 28, 717,146, 914 28, 675,159, 472 28,484,288,637 37,407, 028,987 27, 804, 539,406 29, 300, 986,682 33, 844, 369, 568 35,461, 052, 826 22,855,927,636 25, 061, 237, 902 21, 597,274,247 23,289,243,701 22, 508,438,442 25,178, 770, 691 37,182,128, 621 48, 565, 818, 212 46, 552, 846,161 40, 293,165, 258 34,092, 037, 338 25, 250, 791, 440 33, 374,682,216 34, 872, 848, 786 30,863,686,609 34,796,465. 529 37,660, 686, 572 34,053, 698, 770 Balances paid in money. $297,411, 494 289, 694,137 334,714,489 365, 313,902 314, 238, 911 363,984, 683 380, 693, 438 353, 383, 944 415, 530, 331 677, 626,483 885, 719, 205 1,035, 765,108 1, 066,135,106 1,144,963,451 1,125,455, 237 1,120, 318,308 1,036, 484,822 1,209, 721,029 1,428, 582,707 1,474,508,025 1,286,753,176 1,408,608,777 1,295,042,029 1,373,996, 302 1, 307, 843, 857 1,400, 111, 063 1,516, 538, 631 1, 776, 018,162 1, 595, 000,245 1, 568, 983,196 1,524,930,994 1,295, 355T 252 1,519, 565, 385 1, 569, 626, 325 1, 570,198, 528 1,757,637,473 1,753,040,145 1, 584, 635,500 J950,317, 307,349 +42,424,129, 850 Average daily clearings. $19,104,505 17, 412, 052 22, 278,108 26,968, 371 15,393, 736 20, 807,333 23,401, 757 19, 269, 520 22, 237, 682 48, 428, 657 77, 984, 455 84, 796,040 93, 541,195 93,101,167 92,182,164 121,451, 393 90,274,479 95,133, 074 109,884,317 115,885, 794 74,692, 574 81,899, 470 70, 349,428 76, 358,176 73, 555,988 82,015,540 121, 510,224 159, 232,191 151, 637,935 132, 543, 307 111, 048, 982 82,789,480 109,067, 589 114,337, 209 101,192,415 114,839,820 123,074,139 111, 651,471 BalAverage daily bal- ances to ances paid clearin money. ings. $988, 078 940,565 1,079, 724 1,182, 246 1, 016, 954 1,177, 944 1, 232, 018 1,151, 088 1, 344, 758 2, 207,252 2,866,405 3, 373, 828 3,472,753 3, 717,414 3, 642, 250 3,637, 397 3.365,210 3,927,666 4, 636, 632 4, 818, 654 4, 205,076 4,603, 297 4,218, 378 4, 504, 906 4, 274, 000 4, 560. 622 4,956, 009 5, 823, 010 5,195, 440 5,161,129 4, 967, 202 4,247, 069 4,965,900 5,146, 316 5,148,192 5, 800,784 5, 728,889 5,195, 526 f81,615, 572 t3,644, 226 Per ct. 5.2 5.4 4.8 4.4 6.6 5.6 5.3 6.0 6.0 4.6 3.7 4.0 3.7 4.0 4.0 3.0 3.7 4.1 4.2 4.1 5; 7 5.6 5.9 5.9 5.8 5.6 4.1 3.5 3.4 3.9 4.5 5.1 4.5 4.5 5.1 5.0 4.7 4.6 4.4 * The capital is for various dates, the amounts at a uniform date in each year not being obtainable, t Yearly average for 38 years. J Totals for 38 years. The clearing-house transactions of the assistant treasurer of the United States at New York for the year ended October 1,1891, were as follows : Exchanges received from clearing house Exchanges delivered to clearing house Balances paid to clearing house Balances received from clearing house Showing that the amount paid by the assistant treasurer to the clearing house was in excess of the amount received by him $334,374, 650.88 129, 791, 449.74 204,860, 215.84 277,014.70 204,583,201.14 The debit balances were paid to the clearinghouse, as follows: United States gold certificates United States Treasury notes ^egal tenders and change $138, 761,000.00 41,109,000.00 24,990,215.84 204,860,215.84 7G REPORT OF THE COMPTROLLER OF THE CURRENCY. COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE UNITED STALES FOR OCTOBER, 1891, AND OCTOBER, 1890. Exchanges for month ended— Clearing house at October 31,1891. October 31,1890. New York.... Boston Philadelphia.. Chicago St. Louis San Prancisco Baltimore Pittsburg Cincinnati... New Orleans. Kansas City. Louisville ... Providence .. Milwaukee .. Minneapolis . Denver St. Paul Omaha Cleveland Detroit Buffalo Memphis Columbus Richmond Indianapolis.. Hartford Duluth Peoria Galveston St. Joseph New Haven... Springfield ... Worcester Portland Norfolk Syracuse Los Angeles.. Wichita Lowell Grand Rapids Topeka Sioux City.... Tacoma Seattle Rochester Salt Lake Houston I,282,109,627 455,197,952 311,008,476 421,521,165 104,433,739 83,146, 979 63,803,118 63,546,000 60,666,500 46,079,497 46,745,573 29,481,918 26, 730, 600 34,251, 767 43, 743, 501 21, 049,893 24, 710, 213 19, 970,064 24,370, 375 30, 632,199 37, 663, 592 14, 888,843 14,834, 300 10, 516,696 17,091, 274 9,810,105 8,327,648 8,149,047 52,433,043 7,426, 700 7,114,967 6,104, 811 5,875, 876 5, 847,287 5, 819,963 4,056,693 3, 778,837 2,471,072 4,479,510 4,490,406 1,899, 204 4,422, 626 5,044,412 4,068,138 6, 550, 918 6, 649, 649 *28, 753, 049 $3, 566,533,434 483,897,338 339, 763,781 405,679,991 99,714,641 84, 285,069 66,887,827 74,763,561 59,381,150 50,454,449 45,334,589 33,526, 734 27,272,100 40,873,860 40,100,396 21,538,919 21,653,655 24,444,498 26,385,557 29, 293, 400 36,168, 981 12, 053,540 16,055, 000 10,154,057 20,485,471 8, 970, 715 10, 635, 672 8, 654, 285 40,029, 266 7,166, 387 6, 304, 301 6,322, 670 6,209, 927 6,278, 028 7,176,869 4,173,072 3,243,121 3,298,848 4,067,084 3,473,636 2,106,831 4,803,259 5,379,615 5,444,627 6, 833,410 7,123, 350 Total... 5,453,014,773 5, 794, 396, 971 5,453,014, 773 Increase. Decrease. $284,423, 807 28, 699,386 28,755, 305 $15, 841,174 4, 719,098 1,138, 090 3, 084, 709 11, 217,561 1,285, 350 *i*4i6*984" 4,374,952 4,044, 816 541,500 6,622,093 3,643,105 489, 026 *3," 056,'558*' 4,474,434 2,015,182 1,338,799 1,494,611 2, 835,303 1,220, 700 362,639 *3*394,*i97 839,390 2, 308, 024 505, 238 12,403, 777 260, 313 810, 666 217, 859 334,051 430,741 1, 356, 906 116, 379 535, 716 827,776 412, 426 1,016, 770 207, 627 380, 633 335, 203 1,376,489 282,492 473, 701 New Decrease. Comparisons. 341,382,198 *Omitted in footing, 52, 266,679 393,648,877 52, 266,679 341,382,198 77 EEPOKT Oi1 THE COMPTKOLLEK OF THE CUERENCY. COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE UNITED STATES FOR, WEEKS ENDED OCTOBER 31, 1891, AND OCTOBER 31, 1890. Exchanges for week ended— Clearing house at— New York Boston .' Philadelphia Chicago St. Louis San Francisco Baltimore Pittsburg Cincinnati New Orleans Kansas City Louisville Providence Milwaukee Minneapolis Denver St. Paul Omaha Cleveland Detroit, Buffalo Memphis Columbus Richmond Indianapolis Hartford Duluth Peoria Galveston St. Joseph New Haven Springfield Worcester Portland Norfolk Syracuse Los Angeles Wichita Lowell Grand Rapids Topeka Sioux City Taconia Seattle Rochester Salt Lake Houston Total. Decrease. October 31,1891. October 31,1890. $687,083,289 92, 841, G97 66,456, 330 89, 692,167 21,865,936 17, 971, 744 13,588, 763 13,622,345 13,200, 800 10, 610,135 10, 661, 074 6,190, 003 7,190, 600 7, 704, 661 9, 247, 600 4,327,932 5, 224, 413 4,763, 303 5, 338,674 6, 661, 509 8, 269, 498 3,782,114 3,155,400 2,359, 247 4,533,343 1,809, 902 1,769, 613 1,699, 396 9,449,603 1,598, 393 1,299,023 1,235,164 1,217,500 1,323, 802 1,354,838 843, 910 978, 279 530,314 884, 575 817, 782 385,407 957,978 976,341 785,557 1,356,152 1,431, 760 5,914,100 1,154, 961,966 $781,139,867 104, 327, 201 68, 223, 404 87,196,991 21,169, 672 20,506,150 12, 935, 819 15,520,963 12,485, 200 12,466, 712 10,171, 260 7, 328, 052 5,352, 900 8, 958,323 8, 641, 646 4, 111, 679 5,119,316 5,954, 614 5, 426,443 5,636, 223 7,625,878 3,407, 562 4,228, 900 1,951, 834 4,313,720 1,902,037 2,471, 524 1, 900, 762 7,885, 290 1,687,125 1, 210, 503 1,266,741 1,391,249 1, 395, 244 1,662,645 955,239 888,473 695, 803 1, 083, 346 706, 651 410, 438 1,076, 783 1,247, 407 1,163, 588 1,465, 414 1,403, 983 6,021,376 1, 264, 091, 950 1,154, 961, 966 109,129,984 Comparisons. Increase. Decrease $94, 056,578 11,485,504 1, 767. 074 2,495,176 696, 264 2,534,406 652,944 1,898,618 715,666 1,856, 577 *489,*8i4" "1,138,049 1,837,700 "i* 253," 662 605, 954 216, 253 105,097 1,025,286 643, 620 374, 552 1,191,311 87, 769 1,073, 500 407,413 219,623 92,135 701, 911 201, 366 1, 564,313 88, 732 88," 520' 31, 577 173,749 71,442 307, 807 111, 329 89, 806 165,489 198, 771 25, 031 118, 805 271,066 378,031 109, 262 "27^777' 107,276 12,366,843 121,496, 827 12,366, 843 109,129,984 78 REPOET OF THE COMPTROLLER OF THE CURRENCY. The following table shows the transactions of the clearing houses located in forty-seven cities for the year ended September 30,1891, from official returns received from the manager of the New York ClearingHouse Association, comparisons being made with the year ended September 30,1890, the increase or decrease in the exchanges being indicated. Similar information with respect to balances was not obtainable: COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE UNITED STATES FOR THE YEARS ENDED SEPTEMBER 30, 1.891, AND SEPTEMBER 30, 1890. Exchanges for years e n d e d - Clearing honse at— Few York Boston Philadelphia... Chicago St. Louis San Francisco . Baltimore Pittsburg Cincinnati New Orleans... Kansas City ... Louisville ! Providence Milwaukee Minneapolis ... Denver St. Paul Omaha Cleveland Detroit Buffalo Memphis Columbus Richmond Indianapolis... Hartford Duluth Peoria Galveston St. Joseph .. New Haven ". Springfield Worcester Portland Norfolk Syracuse Los Angeles Wichita Lowell Grand Rapids Topeka Sioux City Tacoma : Seattle Rochester Salt Lake Houston Total. Decrease September 30, 1891. September 30, 1890. $34,053, 698, 770 4, 795, 594, 052 3,372, 915,551 4,338,693,167 1,124,330,218 905,864, 727 724, 710, 877 699, 447, 762 655,896,900 532,110,103 451, 745,155 367,501, 443 276,980,218 338,884,381 343, 247,803 228, 393,982 227, 802,173 218 446,893 264', 540,195 310, 737,141 386, 012, 271 127, 310, 014 157, 559, 500 117, 390, 654 103, 555, 836 104, 306, 617 102, 676, 553 $37,660,686,572 5,102,28i, 307 3, 701, 919, 517 3,902, 529, 694 1,093,537,693 846,602,454 742, 018, 356 768,287,372 633, 753, 600 525,247, 794 487, 507, 511 399, 788,145 266, 073, 300 313, 480, 592 286, 093,080 249, 909, 843 225, 649, 301 245,486, 446 251.299,223 286, 982, 983 291, 749, 637 130, 7^8, 365 148,473,620 111,204,426 106,195, 064 105, 769, 716 96, 618, 952 80,084,079 108, 290,369 76,148, 819 67,150, 497 64, 874,184 59,287,812 60,469, 620 43, 331, 055 40, 111, 353 31, 020,264 38,222,619 37,482,036 36, 666, 065 19, 071, 545 45, 513, 287 40, 683,662 • 54,185,684 88, 619,276 304,153, 201 77, 661,162 70, 343, 940 63, 624,286 61, 714,694 63, 512, 780 56, 710, 906 44,904,345 37, 097,422 27,849,364 41,114,780 42, 265, 678 19, 921,416 50, 557,862 50, 383, 690 51, 945, 910 75, 781,369 New 80, 845,166 New 163,893, 754 New 56, 803, 253,957 59, 882,477, 513 56, 803, 253,957 3,079,223,556 Comparisons. Increase. Decrease. !, 606,987, 802 306, 687, 255 329, 003, 966 $436,163, 473 30, 792, 525 59,262, 273 17, 307,479 68, 839, 610 22,143, 300 " 6,862,309 35, 762,356 32, 286, 702 10, 906, 918 25,403, 789 57,154, 723 21,515, 861 2,152, 872 ~27,"639,*553 13, 240, 972 23,754,158 94, 262, 634 9, 085, 880 6,186, 228 3,428, 351 2, 639,228 1,463, 099 6, 057, 601 8, 535,197 195,862,832 1, 512, 343 3,193, 443 2, 426, 882 3,043,160 13, 379, 851 h 4,792,992 6, 077,158 1, 249, 898 10, 373, 255 3, 632, 744 5, 599, 613 849, 871 5, 044, 575 9, 700,028 2,239,774 75,781,369 80, 845,166 163, 893,754 1,387, 600, 633 4,466,824,189 1,387, 600, 633 3,079,223,556 It will be observed that as compared with the previous year there was a decrease in the volume of exchanges amounting to over $3,000,000,000, and that nearly the whole of such decrease occurred in the three principal eastern cities. The exchanges in New York amounted to about 60 per cent of the whole sum for the United States, REPORT OF THE COMPTROLLER OF THE CURRENCY. 79 A table will be found on page 171 of the Appendix, compiled from returns made to the Clearing House by the national banks in New York City, exhibiting the movement of their reserve, weekly, during October, for the last fifteen years. STATE, SAVINGS, PRIVATE BANKS, LOAN AND TRUST COMPANIES. In addition to reporting the condition of associations organized under national authority, the law provides that the Comptroller of the Currency shall procure and publish in his annual report to Congress statements exhibiting the condition of banks, banking companies, and savings banks organized under State and Territorial laws; and through the courtesy of public officials, in all but 18 of the States and Territories, this Bureau has been favored with statements of condition of such banking institutions. It has been the custom for the past few years to add to information of that character similar returns from banks in States in which examinations are not authorized by law and reports of condition exacted. Such information is procured through direct correspondence with each bank and banker, over 5,500 having been requested to furnish statements for this report. While there is an apparent reluctance upon the part of proprietors of private banks to submit reports of their condition, officers of incorporated institutions report so generally that the returns herewith given represent over 93 per cent of these institutions stated to be in operation, and unquestionably a larger percentage of their total banking resources. During the year ended January 1, 1891, there was an increase of 606 over the prior year in number of banks organized, and an increase of 583 in the number from which reports have been received this year, indicating that the field is practically covered by the returns herewith published. Deviating in a measure from the j>lan of tabulating these reports as heretofore given (official and unofficial returns having been abstracted and compiled separately), it has been deemed best to consolidate all reports of each class of banks by States, simply indicating official and unofficial returns by proper references. Including reports made by private banks and bankers, statements representing the resources and liabilities of 4,989 incorporated and private banking institutions have been received, the aggregate resources amounting to $3,448,785,431, the principal items of assets being $805,901,113, loans on real estate; $413,938,942 on collateral security other than real estate5 $840,567,612 other loans and discounts; $157,933,522 United States bonds; $327,172,153 State, county, and municipal bonds; $384,888,905 railroad, bank, and other stocks and bonds; $212,520,844 due from banks and bankers; $85,804,914 real estate, etc.; $165,634,081 cash on hand. The aggregate capital employed amounts to $356,749,315; surplus and undivided profits, $304,624,493; deposits, $2,661,752,961. Of the 4,989 reports, 2,572 are made by commercial institutions, classified in this compilation, as State banks, having an aggregate capital of $208,564,841; surplus and undivided profits, $81,116,533; deposits, $556,637,012. Eeports from 171 loan and trust companies show their aggregate resources to be $536,628,202. The capital of these companies is $79,292,889; surplus and undivided profits, $55,503,845; and deposits, $355,330,080. Especial interest attaches to the operations and condition of savings banks, the repositories of the accumulations of the wage-earners, in view of the extent of the obligations of these institutions and particDigitized forularly FRASERas their deposits represent nearly 90 per cent of their entire 80 REPORT OF THE COMPTROLLER OF THE CURRENCY. liabilities. In eluding the 3G4 stock savings banks, reports of condition have been received from 1,011 savings banks and savings institutions. Of the 647 non-capitalized institutions, classed as mutual, all but 11 are located in the New England and Middle States, while of those with capital but 28 are to be found in that section, the remainder, 336, being in the Southern and Western States and Territories. The aggregate resources of all savings banks amount to $1,854,517,069, of which loans on real estate amount to $687,583,977; loans on collateral security other than real estate, $93,679,153; and other loans and discounts, $198,134,045. The following figures represent their investments in bonds, stocks, etc.: In United States bonds, $139,267,045; State, county, and municipal bonds, $320,278,708; in all other bonds and stock, $268,994,583. The amount invested in real estate is $30,438,232, and the funds with other banks and cash on hand, $70,660,882 and $29,720,473, respectively. Of the liabilities of these 1,011 institutions, $32,106,127 represents their capital, $155,857,493 surplus and undivided profits, $1,623,079,749 savings deposits, and $31,746,393 other deposits. The interest paid by mutual institutions ranges from 2 to 4 per cent, and by stock savings banks from 2 to 6 per cent, the average rate paid by the latter slightly exceeding, apparently, the rate paid by mutual institutions, while the deposits held by the mutuals are about 75 per cent of the total deposits in both classes. Of the 2,500 reports of condition made to this Bureau directly, 1,235 were submitted by private banks and bankers, having an aggregate capital of $36,785,458; surplus and undivided profits, $12,146,622; deposits, $94,959,727. The following tables present summaries of this information: . AGGREGATE RESOURCES AND LIABILITIES OF ALL STATE BANKS, LOAN AND COMPANIES, AND SAVINGS AND PRIVATE BANKS, 1890-;91. State banks, Loan and t r u s t companies. 2,572 b a n k s . 171 b a n k s . Savings banks. Private banks. TRUST Total. 1,011 banks. 1,235 banks. 4,989 banks. EESOUECBS. Loans on real estate $37,247,244 Loans on collateral security other t h a n real estate 78,509,230 Other loans and discounts. 507,461,243 Overdrafts 4,044,702 United States bonds 1,100,307 State, county, and municipal bonds. 2,156,065 Railroad bonds and stocks 595, 572 B a n k stocks 426,850 Other stocks and bonds 37,529,420 Due from other banks and bankers. 82, 531, 530 Real estate, furniture, and fixtures . 28,791,441 Current expenses and taxes p a i d . . . 2, 865, 083 Cash and cash items 107, 453,889 Other resources 15, 281, 566 Total . 905,994,142 $65,072,641 $687,583,977 225,012,238 66,791,541 105,608 16, 057, 015 3,828,397 29, 771,125 1,159, 776 43,157,008 39. 948, 373 17,357, 290 743,684 16,482, 207 11,141, 299 93,679,153 198,134,045 286,254 139,267, 045 320,278, 708 115,991,821 45, 038, 830 107,963,932 70,660, 882 30,438, 232 97], 266 29,720,473 14,502,451 $15,997,251 16,738,321 68,180,783 2,475,025 1,509,155 908,983 737,239 634,140 1,883,192 19, 380,059 9,217,951 797,326 11,977,512 1, 209,081 $805,901,113 413,938, 942 840, 567,612 6, 911, 589 157,933, 522 327,172,153 147, 095, 757 47, 259, 596 190, 533, 552 212, 520,844 85, 804, 914 5, 377, 359 165,634,081 42,134,397 536,628,202 1,854,517,069 151,646,018 3,448,785,431 LIABILITIES. Capital stock Surplus fund Other undivided profits Debenture bonds outstanding State-bank notes outstanding Dividends unpaid Individual deposits Savings deposits Due to otber banks and bankers. Other liabilities Total. 208, 564, 841 60, 00(5, G23 21,109,910 79,292,889 38,412 197 17,091,648 18,907,550 110, 534 709, 830 556,637,012 83,396 355,330,080 38,826,003 20,029,389 905, 994,142 32,106,127 130,042,098 25, 815, 395 19,364 31,746,393 1,623,079,749 2,210, 772 2,766, 225 25,299, 670 8,941,718 536,628,202 1,854,517,069 36,785,458 8, 993, 987 3,152, 635 356, 749,315 237,454, 905 67,169, 588 18,907, 550 110, 534 812, 590 1,038, 673, 212 94,959,727 1, 623, 079, 749 46, 043, 371 2,240, 371 59,784,617 5,513, 840 151, 646, 018 3,448, 785,431 EEPOET OF THE COMPTROLLER OF THE CURRENCY. 81 NUMBER, CAPITAL STOCK, SURPLUS AND UNDIVIDED PROFITS, AND DEPOSITS OF ALL STATE BANKS, LOAN AND TRUST COMPANIES, AND SAVINGS (MUTUAL AND STOCK) AND PRIVATE BANKS, 1890-'91. * Classes. State banks Loan and trust companies Savings banks (mutual) .. Sayings banks (stock) Private banks Total 2,572 171 647 364 1,235 4,9 1,564,841 ! $81,116,533 $556,637,012 79,292,889 ! 55,503,845 355,330,080 ' 142,456,741 I 1,402,332,665 13,400,752 ! 252,493,477 32,106,127 12,146,622 94, 959,727 36,785,458 356,749,315 304,624,493 2,661,752,961 The following table exhibits by States and Territories the capital employed by national banks on July 9,1891, and by the State, stock savings, private banks, and loan and trust companies at date of latest returns to this Bureau^ the aggregate capital of all classes by States, and the total of each class and of all, from which it appears that the total capital amounts to $1,029,652,912. The capital of the national banks is $672,903,597, State banks $208,564,841, stock savings banks $32,106,127, private banks $30,785/458, loan and trust companies $79,292,889. 11167 6 82 REPORT OF THE COMPTROLLER OF THE CURRENCY. T \ B L E SHOWING, B Y STATES AND TERRITORIES, T H E CAPITAL O F T H E NATIONAL BANKS ON J U L Y 9, 1891, AND OF T H E STATE, STOCK SAYINGS, AND P R I V A T E BANKS AND LOAN AND T R U S T COMPANIES AT DATE O F L A T E S T R E P O R T S TO THIS BUREAU. National banks. States and Territories. Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia Virginia "West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Ohio Indiana Illinois Michigan "Wisconsin Iowa Minnesota Missouri Kansas Nebraska Colorado Nevada California Oregon Oklahoma Indian Territory Arizona '.• North Dakota South Dakota Idaho Montana New Mexico Utah . Washington Wyoming $10,935,000 6,280, 000 7,210,000 97,167,500 20,184,050 23,274,370 86,666, 060 14,313,350 71,044,211 2,133,985 16, 559, 750 2,810, 720 4,476,300 2,240,270 ! 2,631,170 ! 1, 673,000 4,347,890 1,325,000 4,294,000 1,160,000 4,430,500 25,492,800 1,600,000 15,194,400 10,330,000 43,444,000 12,477,000 36,091,750 15, 259,600 6, 910,000 13,062,400 14,125,000 24,690,000 12,894,100 12,923,100 8,612,821 282,000 8,425,000 4,225,000 200,000 150,000 200,000 2,280, 000 2, 585,000 537,500 4,140,000 1,100,000 2,750,000 6,415,000 1,350,000 Total Stock savState banks. ings banks. Private banks. L o a n and trust companies. Total. $822,900 1, 580, 500 $654,450 $1,049,602 2,340, 000 31,370,700 1,656, 666 8,411,200 680, 000 1, 303,150 5,775,660 969,225 1,848, 722 1, 342, 948 3, 731,506 584,300 814,400 3,268,095 2,620,200 475, 240 1,130,458 17,902,795 5,016,974 4, 842,730 2, 486,183 4,135,500 2,147,800 5,161, 200 6,460,898 8, 111, 000 16,730,036 5,782,490 9,034,260 1,370,500 42,564,010 813,825 1,113,900 50,000 40,000 324, 727 269, 200 80, 000 150,000 100, 000 122, 460 611,000 1,843,400 *4," 997* 666' 7,065,000 4, 565,500 225, 000 790, 300 "7,"i0G,403 325, 200 728,000 1,755,338 265,000 100,000 1,444, 210 2,014,820 80,000 727, 287 776, 630 672,903, 597 208, 564, 841 32,106,127 $11,757,900 7,860,500 7, 864,450 7,050, 000 104,217, 500 2,164,400 23,398,052 1,036, 600 26,650,970 145,140, 815 $717, 055 26, 387, 000 1, 510, 840 17,480, 856 106, 653,361 1,709,229 24, 374, 821 500,000 3,313,985 18,465,667 """188," 897' 5, 644, 530 2, 833, 810 10,251, 960 3,259, 495 4,806, 662 286,770 3,340, 675 8,830, 246 481, 650 2,063, 303 74,003 5, 610,400 352,000 4,428,095 7,150,700 27, 649,472 1, 558, 972 2,730, 458 33,204, 695 107,500 15,957,974 52, 833,073 2,702,943 17, 967, 829 3,004, 646 4, 634, 573 3, 950, 000 53, 808, 823 1,216,753 25,689,153 1,343, 322 13,414,522 5,383,039 2, 388, 650 I 31, 860, 487 2,053,092 j 2,697,908 27, 212, 060 1, 234, 000 1,995,400 j 44,649, 436 2,176, 654 20, 853,244 3, 840, 900 26, 588, 560 143, 560 10.126, 881 226,000 508, 000 1,918, 631 60,014,044 ,000 5,136,825 230,000 30, 000 150,000 525,200 3,008,000 4,851,543 511, 205 540, 000 2,500 35, 000 4,440,000 16, 696 1,296, 696 320,000 5, 241,497 100, 000 9, 306,450 317, 868 1, 667, 868 36,785,458 79, 292, 889 1,029,652, 912 The distribution of the circulating medium of the country as shown by the cash holdings of national and other banks on or about the close of the fiscal year ended June 30,1891, is exhibited in the following table. The total cash on hand held by banks other than national, 4,989 in number, was $165,634,081, of which $8,883,552, was gold, $1,939,647 silver, $45,456,720 paper currency, $15,713,390 specie not classified* and $93,640,772 cash not classified. The total amount held by national and other banks was $479,085,588. 83 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING THE AMOUNT OF GOLD, SILVER, ETC., HELD BY NATIONAL BANKS ON JULY 9, 1891, AND BY OTHER BANKING INSTITUTIONS ON OR ABOUT THE SAME DATE. Classification. Gold coin Gold Treasury certificates Gold (clearing house) certificates. Silver dollars Silver, fractional Silver Treasury certificates National-bank notes Legal-tender notes Fractional currency Specie not classified Cash not classified Total. National banks. $87, 695,142 63,910,310 6,706,000 7, 631,470 5, 023,920 19, 802, 695 21,418,977 100,399,811 863,182 313,451, 507 Other (4,989) banking institutions. $8, 883, 552 1, 939,647 Total. $96, 578,694 63, 910, 310 6,706,000 14, 595,037 19,802,695 45, 456,720 167,275, 508 15,713,390 93,640,772 863,182 15,713, 390 93,640,772 165,634,081 479,085,588 In the Appendix, p. 236, tables will be found showing by States and Territories the condition of banks other than national, as obtained from both official and unofficial sources; aggregate resources and liabilities of each class; comparative statements of? condition of7 State banks, 1872 to 1891; loan and trust companies, 1886- 87 to 1890- 91; savings banks, 1886-?87 to 1890->91; private banks, 1887-?91; deposits in savings banks, number of depositors and average amount due each, by States, in 1889-?90 and 1890-?91; and a summary of condition of the chartered banks in the Dominion of Canada. On page 234 will be found a table showing by States and Territories the estimated population of each on June 1, 1891, based on the census of 1890, and the aggregate capital, surplus, undivided profits, and individual deposits of national and State banks, loan and trust companies, and savings and private banks of the United States at date of reports of the various classes, nearest thereto, the average of these per capita and the per capita average of such resources in each class of banks. It appears that the population of the country on the date in question was 64,156,300, and the total banking funds $5,840,438,191, an average of $91.03. The per capita averages of such resources in each class of banks are: National banks, $39.32;. State banks, $13.13; loan and trust companies, $7.63; savings banks, $28.72; and private banks, $2.23. LOAN AND TRUST COMPANIES IN THE DISTRICT OF COLUMBIA. During the first session of the Fifty-first Congress an act passed entitled, "An act to provide for the incorporation of trust, loan, mortgage, and certain other corporations within the District of Columbia." This act was approved on the 1st day of October, 1890. Under its provisions companies can be formed for the purpose of carrying on within the District of Columbia any one of the three classes of business specified as follows: First. A safe deposit, trust, loan, and mortgage business. Second. A title "insurance, loan, and mortgage business. Third. A security, guaranty, indemnity, loan, and mortgage business. It is further provided that the capital stock of said companies shall not be less than $1,000,000, and that any of these companies may conduct a storage business when its capital stock amounts to the sum of not less than $1,200,000. Two methods are provided whereby companies may come under the provisions of the act. 84 RErOKT OF THE COMPTROLLER OF THE CURRENCY. (1) By an association of not less than twenty-five natural persons to form a company, which shall receive its original charter from the Commissioners of the District of Columbia and thereby become a body corporate and politic, and as such vested with all the powers and charged with all the liabilities conferred and imposed by the act upon companies organized under the provisions thereof. (2) Provision is made that any safe deposit company, trust company, surety or guaranty company, or title insurance company, incorporated and operating under the laws of the United States or the District of Columbia, or of any of the States, and doing business in said District at the time of the passage of said act, may avail itself of the provisions of the act. No charters have been issued by the Commissioners of the District of Columbia to corporations formed by the association of natural persons under the first method provided for in the act, but three companies, incorporated previous to the passage of the act and at that time doing business in said District, have availed themselves of its provisions, to wit: The American Security and Trust Company, the Washington Loan and Trust Company, and the National Safe Deposit Company. The American Security and Trust Company was originally chartered under the laws of the State of Virginia, on the 12th day of October, 1889, with a capital stock of $1,250,000, divided into shares of the par value of $100 each. This company executed a certificate of its intention to avail itself of the provisions of the act of Congress, on the 11th day of November, 1890, and filed the same with the Comptroller of the Currency. It having complied with all the provisions of law applicable thereto, on the 17th of November, 1890, the Comptroller issued to said company the certificate contemplated by section 5 of the act approved October 1, 1890, and the company has since that date been operating under its provisions. The Washington Loan and Trust Company was incorporated under the laws of the State of West Virginia on the 15th day of August, 1889. This company has a capital of $1,000,000, divided into shares of $100 each, and was doing business in the District of Columbia at the date of the passage of the act of Congress above referred to. It having filed with the Comptroller of the Currency a certificate of its intention to avail itself of the provisions of the act aforesaid and having complied with the other requirements of the act, the Comptroller issued to said company, on the 13th day of December, 1890, a certificate that it was entitled to transact the business of a trust company. The National Safe Deposit Company of Washington was at the date of the passage of the act of Congress first above mentioned doing business in the District of Columbia as a safe deposit company, incorporated by act of Congress approved January 22, 1867. On the 17th of March, 1891, this company executed a certificate of its intention to avail itself of the provisions of the act of Congress approved October 1,1890. It having complied with the provisions of law, the Comptroller issued to said company, on the 3d day ofApril, 1891, the certificate contemplated by the provisions of section 5 of said act, under which it was authorized to enter upon the business of a trust company. It also has a capital of $1,000,000. Each of these companies has declared its intention to avail itself of the provisions of the act of Congress aforesaid for the purpose of carrying on the kind or class of business described in subdivision 1 of section 1 of said act 5 that is to say, a safe deposit, trust, loan, and mortgage business, in addition to the powers lawfully exercised at the time REPORT OF THE COMPTROLLER OF THE CURRENCY. 85 they severally came under the operations of the act of Congress above referred to. Each of these companies has also deposited with the Comptroller of the Currency securities equal in actual value to onefourth of the capital stock paid in, and is therefore entitled to become and act as administrator, executor, guardian of the estate of a minor, or undertake any other kindred fiduciary duty authorized by the act. One, the American Security and Trust Company, is also authorized to do a storage business, in accordance with the second proviso to the third paragraph of section 1 of the act above referred to. These several companies have each been duly examined, and have made and published reports of condition from time to time as contemplated by the provisions of sections 5211, 5212, and 5213 of the Eevised Statutes of the United States. A statement of condition at date of last report will be found in the Appendix, pages 251-253. Aside from associations formed under the national bank act and those above enumerated, only one other corporation located in the District of Columbia comes in any manner under the supervision of the Comptroller of the Currency. The institution herein referred to is the National Savings Bank of the District of Columbia. This institution was chartered May 24, 1870, and has since been in operation. It is now, however, practically in process of liquidation, its business being gradually transferred to and absorbed by the National Safe Deposit Company, above referred to. A report of its condition on the 25th of September is published in the Appendix, page 250, which will show its condition at that time. It is understood to be the purpose of the directors of this bank to complete the tranfer of its business to the National Safe Deposit Company and to finally close its affairs at the earliest practicable date. CONCLUSION. During the year covered by the report the country has been passing through a financial crisis, unique in its character but of great severity. In no country are the conditions more favorable to the success of well directed enterprise than in this, and in none can the speculative operator find a more tempting and fruitful field. These conditions necessarily tend toward overtrading and undue expansion of credits, and these in due time result in collapse and general financial distress. Although periods of business disaster follow each other at reasonably well-defined intervals, the multitude, oblivious of the past, are always taken unawares. Those charged with the management of national banks are not free from the optimistic spirit which characterizes their fellows, and hence the associations under their control invariably suffer whenever these periods of depression recur. The failures witnessed during the year just closed exemplify the operations of the forces to which- allusion is made. Whenever we consider the immense shrinkage of values which the liquidations of the past twelve months involves, we are surprised that the associations constituting the national system have not suffered more severely. The growth of this system in recent years must not be overlooked when we are called upon to consider the degree of success that has attended its operations. It is rapidly becoming popularized and for that reason more intimately connected with the business enterprises of the common people, reflecting with increasing faithfulness the degree of success or failure that attends their various commercial and industrial pursuits. So long as 86 REPORT OF THE COMPTROLLER OF THE CURRENCY. banking remains free, associations will be formed by inexperienced men whose management will sometimes prove unskillful and disastrous. So long as dishonest men exist banks must not expect to entirely escape the defalcations and embezzlements which occasionally startle the public. Failures are inevitable under any system which stops short of governmental guaranty, and the latter is, of course, impracticable. That system, then, is best, all else being equal, which is found upon trial to exhibit the minimum of failures. In this respect, the national system stands unapproached and indisputably superior to all which have preceded it. It is confidently hoped therefore that such measures will be taken by Congress as will serve to perfect a system which has proved so effective in the past, and which is so necessary to the future welfare of the people. The Comptroller desires in closing to say that the past year has devolved upon the Currency Bureau an amount of labor and responsibility which is entirely unprecedented. To those associated with him in the conduct of the affairs of the Office he is greatly indebted for the intelligent and faithful service which has made it possible to meet these increased responsibilities. He also desires to gratefully acknowledge the valuable assistance rendered him by those charged with the preparation of the statistical matter contained in this report. EDWARD 8. LACEY, Comptroller of the Currency. The SPEAKER OF THE HOUSE OF REPRESENTATIVES, APPENDIX. 87 NAMES AND COMPENSATION OF OFFICERS AND CLERKS IN THE OFFICE OF THE COMPTROLLER OF TEIE CURRENCY, OCTOBER 31, 1891. JSTaine. Edward S. Lacey R o b e r t M . Nixon Hopkins J . Hanford George M. Coffin Watson W. Eldridge Edwin Z. Perkins George "W. Robertson Amos Webster Theodore O. Ebaugh , Charles J. Stoddard Edward A. Demaray Willis J. Fowler John A. Hebrew Endicott King George T. May Edmund E. Schreiner Charles McC. Taylor Walter Taylor Thomas P. Kane Harriet M. Black William E. Colladay Sarah F. Fitzgerald Edward S. May Washington K. McCoy Isaac C. Miller Joseph K. Miller Charles A.Stewart William D. Swan * Ephraim S. Wilcox GeorgeH. Wood Willard E. Buell Francis J. Byrne Eliza R.Hyde R. LeRoy Livingston Mary L. McCormick Morris M. Ogden Carrie L. Pennock Margaretta L. Simpson Arthur M. Wheeler Frederick Widdo ws Eliza M. Barker Eveline C. Bates Margaret L. Browne PhiloL.Bush Sarah M. Cartwright Loren H. Milliken Eliza A. Saunders Ebenezer Southall Theresa E. Tilley Anna M. Whiteside Louisa Campbell George B. Chamberlin Yirgini a H. Clarke Sarah G. Clemens Mary L. Conrad Arthur L. Hitchcock Alice M. Kennedy Emma Lafayette Franklin L.Mitchell Marie Richardson Warren E. Sullivan Henry F. Loveaire Thomas H. Austin Ellen Carey Geraldine Clifford , Salary. Grade. Comptroller Deputy Comptroller Chief clerk Chief of division do do Superintendent Teller Bookkeeper Assistant bookkeeper Clerk, class 4 , do , do do do do do do Stenographer Clerk, class 3 do do do do do do do do do do Clerk, class 2 do do do do do do do do do Clerk class 1 do do do ._. do do do do do do Clerk class E do do do do do do do do do do Engineer Clerk class D do do k Additional as bond clerk, $200. , 000.00 , 800.00 ,500.00 ,200 00 , 200. 00 , 200. 00 , 200. 00 ,000 00 , 000. 00 , 000. 00 ,800.00 , 800. 00 , 800. 00 , 800. 00 ,800.00 , 800. 00 , 800. 00 , 800. 00 , 600.00 , 600. 00 , 600. 00 , 600. 00 , 600. 00 , 600. 00 ,600.00 ,600.00 , 600.00 , 600. 00 , 600. 00 ,600.00 ,400.00 , 400. 00 , 400. 00 , 400.00 , 400. 00 , 400.00 , 400. 00 ,400.00 ,400.00 ,400.00 , 200. 00 , 200.00 , 200. 00 , 200. 00 , 200. 00 ,200.00 , 200. 00 , 200. 00 ,200.00 ,200.00 ,000.00 , 000. 00 , 000. 00 , 000.0Q , 000. 00 , 000. 00 , 000. 00 , 000. 00 , 000. 00 , 000. 00 , 000. 00 ,000.06 900. 00 900. Oft 900.00 - 89 90 NAMES REPORT OF THE COMPTROLLER OF THE CURRENCY. AND COMPENSATION OF OFFICERS AND CLERKS IN T H E O F F I C E OF T H E C O M P T R O L L E R O F T H E C U R R E N C Y , O C T O B E R 31, 1891—Continued. Name. Bessie P. Co well William S. Davenport Harry Dresback Margaret E. Gooding Mary B. Harvell Charles S. Hyde Frank T.Israel Lucretia W. Knowton M ary A. Martin Margaret F. Ogden Mary E.Oliver William W. Poultney Anna E. Rhodes Sarah A. W. Tiffey Julia C. Town send Clara L. Willard William Griffiths SilasHolmes William H. H. Minturn John F. Robertson Langston W.Allen John Earle Samuel M. Freeman Robert S. Camper Daniel H. Mason William W. Watson - Salary. Grade. $900.00 900.00 900. 00 900. 00 900.00 900.00 900.00 900. 00 900.00 900. 00 900. 00 900. 00 900.00 900. 00 900. 00 900.00 840.00 720. 00 720.00 720.00 720. 00 720. 00 720.00 660.00 660.00 660.00 Clerk class D do .do . .do . .do . .do. .do. .do. .do . .do . .do . -do . -do. .do. do do , Messenger Assistant messenger . do do Watchman . do . Fireman . Laborer . do . . do.. EXPENSES OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY FOR THE YEAR ENDED JUNE 30, 1891. For special dies, plates, printing, etc For salaries For salaries, reimbursable by national banks , $42,479.76 102,745.24 16,177.60 The contingent expenses of the office are not paid by the Comptroller, but from the general appropriationfor contingent expanses of the Treasury Department; no separate account of them is kept in A DIGEST OF NATIONAL-BANK CASES. CONTENTS. I. Constitutional law. (1) Powers of Congress; (2) Powers of the States. II. Powers and liabilities of national banking associations. (1) Implied powers; (2) As to collateral securities; (3) Special deposits; (4) Government securities; (5) Certified check; (6) Purchasing check; (7) Stock ; (8) Deposits to secure performance of contract; (9) Loans in excess of one-tenth capital; (10) Real estate; (11) Certificates of deposit; (12) Lien on dividends ; (13) Contracts and obligations of old corporation ; (14) Place of business; (15) Circulating notes; (16) Business of liquidating" association. III. Ultra vires. (1) Dealing in stocks; (2) Purchasing negotiable paper; (3) Lending credit; (4) Mortgages on real estate; (5) When association can not set up want of power. IV. Stock. (1) Purchasing its own stock; (2) Lien on stock; (3) May be attached; (4) Capital set free belongs to shareholders ; (5) Contract to give shares for business; (6) Transfer of stock; (7) Subscriptions to increase of capital stock; (8) Specific performance of contract to sell. V. Shareholders. (1) Estopped to deny incorporation; (2) Individual liability; (3) When liability disqualifies from voting; (4) Right to inspect books. VI. Officers. (1) Tenure of office; (2) Bonds of officers; (3) Directors must act as a board; (4) Borrowing of association; (5) Liability for violations of law ; (6) Directors of converted banks ; (7) Retirement of directors. VII. Interest. (1) What interest associations may take; (2) On claims against insolvent and liquidating associations; (3) Usury. VIII. Insolvent associations. (1) Not subject to bankrupt act; (2) What constitutes insolvency ; (3) Assets a trust fund ; (4) United States has no priority; (5) Claims'for torts; (6) Preferences; (7) Basis for estimation of dividends; (8) Set-oif; (9) Claim for breach of contract of lease. IX. Receiver. (1) Officer of the. United States : (2) Whom he represents; (3) How far subject to Comptroller's orders; (4) Power of courts toappoiut; (5) Debtors of association can not question legality of appointment; (6> Receiver's decision not final; (7) Sale by; (8) Contracts of; (9) Expenses of receivership for association which has gone into liquidation. 91 92 REPORT OF Tin: COMPTROLLER OF THE CURRENCY, X. Taxation. (I) What maybe taxed; (2) Rate; (3) Valuation; (4) Exemptions; (5) Collection of tax from association ; (6) License tax ; (7) Powers of taxingofficers; (8) Enforcement of taxes; (9) Location of association for taxing purposes. XI. Jurisdiction. (1) Jurisdiction of Federal courts prior to the act of July 12, 1882; (2) Jurisdiction of Federal courts subsequent to act of July 12, 1882; (3) Jurisdiction of State courts; (4) United States can not be subjected to jurisdiction of court; (5) Citizenship. XII. Suits. (1) By and against associations; (2) By shareholders; (3) By receivers; (4) By creditors of insolvent association; (5) For usury; (C) To enforce liability of shareholders; (7) Execution; (8) Attachments; (9) Abatement; (10) Estoppel; (11) Suits against liquidating associations; (12) Transitory and local suits; (13) Survival of suits. XIII. Evidence. (1) Certificate of Comptroller; (2) Evidence of insolvency; (3) Necessity for assessment by Comptroller. XIV. Crimes. (1) Under United States laws; (2) Under State laws; (3) Term "United States currency " in penal statutes. I. CONSTITUTIONAL LAW. 1. POWERS OF CONGRESS: (a) Congress has the constitutional power to incorporate banks. (McCullochv. Maryland, 4 Wheat.. 316: Osborne v. Bank of the United States, 9 Wheat. 738.) (b) Congress has power to clothe national banking associations, as to their contracts and dealings with the world, with any special immunities and privileges exempting them, in their trade and intercourse with others, from the laws and remedies applicable in like cases to other citizens. (The Chesapeake Bank v. The First National Bank of Baltimore, 40 Aid., 269.) (c) Thus, the provision of the banking law that no attachment, injunction, or execution shall issue against a national banking association before final judgment in any suit, action, or proceeding in a State court is constitutional. (Ibid.) (d) The tax imposed on State or national banks paying out the notes of individuals or State banks for circulation is constitutional. (Veazie Bank v. Fenno, 8 Wall, 533.) (e) So is the tax imposed on them for paying out the circulating notes of municipal corporations. (Merchants'' National Bank of Little Bock v. United • States, 101 U. S., 1.) (/) Such a tax is not a direct tax within the meauing of the clause of the Constitution which declares that "direct taxes shall be apportioned among the several States according to their respective numbers." (Veazie Bank v. Fenno and Mechanics7 National Bank of Little Bock v. United States, mpra.) (g) Congress having, in the exercise of undisputed constitutional powers, undertaken to provide a currency for the whole country, may secure the benefit of it to the people by appropriate legislation. (Veazie Bankv. Fenno, supra. (h) Congress has the power to divest the United States courts of their jurisdiction of suits by or against national banking associations. (National Bank of Jefferson v. Fare et al., U. S. C. C. (E. D. Texas), 25 Fed. Bep., 209.) 2. POWERS OF THE STATES: (a) National banking associations, being instruments designed to aid the Government in the administration of a branch of the public service, can not be controlled by the States, except in so far as Congress may see proper to permit. (Farmers and Mechanics1 Batik v. Bearing, 91 U. S., 29.) (b) No authority from the State is necessary to enable a State bank to convert itself into a national banking association. (Casey .v. Galli, 94 U. £.,673.) (c) National banking associations located outside of a State are subject to its restraining acts prohibiting all corporations, not authorized by the law of the State, from keeping therein offices for the purpose of discount and deposit. (National Batik of Fairhaven v. The Phwnix Warehousing Company, 6 Hun, 71). (d) It is competent for a State by penal enactments to protect its citizens in their dealings with national banking associations located within the State. (State v. Fuller, 34 Conn., 280; see also Taxation and Jurisdiction.) II. POWERS AND LIABILITIES. 1. IMPLIED POWERS: To the enumerated powers of national banking associations are to be superadded all the powers incidental to the business of banking. (Pattison v. Syracuse National Bank, 80 N.Y., 82.) 2. AS TO COLLATERAL SECURITIES: (a) A national banking association may take stock of a corporation as 7collateral security for a loan. (Shoemaker v. The National Mechanics Bank, 2 Abb. U. S., 416; Canfieldv. The State National Bank of Minneapolis, U. S. C. C. (Dist.Minn.), I Northwestern Reporter, 173.) 93 94 REPORT OF THE COMPTROLLER OF THE CURRENCY. 2. As TO COLLATERAL SECURITIES—Continued. (b) And it may take for such purpose the stock of another national banking association. (National Bank v. Case, 99 U. S., 628.) NOTK.—But this point was not necessary to the decision of the case. (c) A national banking association may take a pledge of personal chattels as security for a loan. (Pittsburg Locomotive and Car Works v. State National Bank of Keokuk, U. S. C. C. (Eighth Circuit, 1875), 2 Cent. L. J., 692.) (d) A national banking association may take as security for a loan the indorsement of a married woman, charging her separate estate. Such security is to be treated as personal security, within the meaning of the banking law, and not as a mortgage. (Third National Bank v. Blake, 73 N. Y., 260). (e) A national banking association may take as collateral security for a loan a warehouse receipt for merchandise. (Cleveland, Brown fy Co., v. Shoeman, 40 Ohio St., 176.) (/) A national banking association may take as security for a loan the stock of a corporation whose entire capital is vested in real estate. Such a loan does not amount to a lending upon mortgage. (Baldwin v. Canfield, 26 Minn., 43.) (g) An agreement by a national banking association to the effect that, in case a note discounted by it shall not be paid, a mortgage given by the maker to his indorser shall inure to the benefit of the association, is not inhibited by the national banking law. (First National Bank v. Haire, 36 Iowa, 443 j see also National Bank v. Matthews, 98 U. S., 621.) (h) A national banking association having taken a mortgage on real estate to secure a debt previously contracted may, in order to protect itself, pay off a prior lien on the said real estate; and the lien which it thus acquires it may enforce. (Ornn v. Merchants' National Bank, 16 Kans., 341; Holmes v. Boyd, 90 Ind,, 332.) (i) Where a national banking association has taken collaterals to secure a loan, and, after the loan has been repaid, holds them to secure future advances, it is not a gratuitous bailee; and it is responsible for the loss of such collaterals occasioned by its lack of ordinary care and diligence, though at the time the bailor was not indebted to it. (Third National Bank of Baltimore v. Boyd, 44 Md., 47.) 3. SPECIAL DEPOSITS: (a) A national banking association may receive special deposits. The provision in section 5228, Revised Statutes, authorizing an association "to deliver special deposits" implies that it may receive them as a part of its legitimate business; and this implication is as effectual as an express declaration to the same effect would have been. (National Bank v. Graham, 100 U. S., 699.) (b) National banking associations have power to receive special deposits either gratuitously or otherwise. (Pattison v. Syracuse National Bank, 80 N. Y., 82.) (c) But the executive officers of an association can not bind it as a gratuitous bailee, unless they have a special authority from the board of directors so to do, or there exists a general custom or usage to that effect. (First National Bank of Lyons v. Ocean National Bank, 60 N. Y., 278.) 4. GOVERNMENT SECURITIES: (a) National banking associations can engage in the business of dealing in and exchanging Government securities. (Van Leuven v. First National Bank, 54 N. r.,671; Yerkes v. National Bank of Port Jervis,69 N. Y.,383; Leach Y.Hale,31 Iowa, 69.) (b) And where an association receives United States bonds of one class for the purpose of having them converted into bonds of another class, it is not a mere mandatary, but is responsible for the failure to deliver the bonds on demand. (Leach v. Hale, supra.) 5. CERTIFIED CHECK: A national banking association may "certify" a check. A " certified" check is not within the meaning of section 5183, Revised Statutes, which prohibits the issuing of post-notes or any notes to circulate as money other1 than such as are authorized by the national banking law. (Merchants National Bank v. State National Bank, 10 Wall., 604.) 6. PURCHASING CHECK: A national bank may buy a check drawn upon another bank ; and whether the check is payable to order or to bearer is immaterial. {First National Bank of Rochester v. Harris, 108 Mass.} 514.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 95 7. STOCK : (a) A national banking association, in the compromise of a claim growing out of its legitimate business, may take railroad stock. (First National Bank of Charlotte v. National Exchange Bank of Baltimore, 92 U. S., 1'22.) (b) And when necessary to do so, it may pay the difference between the value of the stock and the amount of the claim. (Ibid.) (c) A national banking association may take and hold the coupons of municipal bonds, and may maintain actions thereon. (First National Bank of North Bennington v. Town of Bennington, U. S. C. C. (Dist. Vt.), Browne''s N. B. Cas.j 437; see also Lyons v. Lyons National Bank, 19 Blatch., 279.) 8. DEPOSITS TO SECURE PERFORMANCE OP CONTRACT : A national banking association may receive a deposit to be held by it as security for the faithful performance of a contract between the depositor and another. (Bushnell v. The Chautauqua County National Bank, 10 Run, 378.) NOTE.—But the court put the decision upon the further ground that even were the contract ultra vires, the association, having received the deposit, was estopped from setting up its want of power. 9. LOANS IN EXCESS OF ONE-TENTH CAPITAL: (a) Sec. 5200, Revised Statutes, which provides that the total liabilities to any association of any person, etc., shall not exceed one-tenth part of the capital stock paid in, was intended only for the guidance of the association, and, though its franchises may be liable to forfeiture for violation of the law, the association may recover of the borrower the full amount of the loan. (Gold Mining Company v. Rocky Mountain National Bank, 96 U. S., 640; O'Hare v. Second National Bank of Titusville, 77 Penn. St., 96; Shoemaker v. The National Mechanics' Bank, 2 Abb. U. S., 416; Stewart v. National Union Bank of Maryland, 2 Abb. U. S., 424.) (b) A note is not illegal because at the time it was discounted by the association the maker was indebted to the association in a sum equal to more than one-tenth part of its capital. (O'FLare v. Second National Bank of Titusville, supra.) (c) And a court of equity will not enjoin an association, at the instance of the borrower, from transferring to innocent third persons notes and securities, on the ground that the notes represent part of a loan made in excess of 10 per cent of the capital of the association. (Elder v. First National Bank of Ottawa, 12 Kans., 238.) (d) Where a State bank makes a loan to one person of an amount in excess of one-tenth part of its capital, and is afterward converted into a national bank, it may, after conversion, extend the time for payment of such loan without violating section 5200, Revised Statutes. (Allen v. The First National Bank of Xenia, 23 Ohio St., 97.) 10. REAL ESTATE : (a) Where a national banking association acquires real estate which it is not authorized to take, the conveyance to it is not void, but only voidable. And the title of the association to such real estate is good until assailed in a direct proceeding by the Government. (Reynolds v. Crawfordsville Bank, 112 U. S., 405 ; see also National BankY. Matthews, 98 U. S., 621; National Bankv. Whitney, 103 U. S., 99; Sivopev. Leffingwell, 105 U. S.f 3 ; Fortier v. New Orleans Bank, 112 JJ. S., 439.) (b) The amount of real estate which a national banking association may purchase to secure a pre-existing debt is not limited to the exact amount of the debt, but as much may be purchased as is necessary to secure the debt due, so long as the security of such debt is the real object of the purchase. (Upton v. National Bank of South Reading, 120 Mass., 153.) (c) Where the purpose is to secure a debt previously contracted, a national banking association may take a conveyance of real estate worth more than the debt, and pay the difference between the debt and the value of the property. (Libby v. Union National Bank, 99 III., 622.) (d) Where a national banking association sells real estate it may take a mortgage thereon to secure the payment of the purchase-money. (New Orleans National Bank v. Raymond, 29 La. Ann., 355.) 11. CERTIFICATES OF DEPOSIT: National banking associations may issue certificates of deposit. Such certificates are not post-notes within the prohibition of section 5183, Revised Statutes. (Huntv. Appellant, Supreme Court of Mass., May 7, Ih86; Bid dU v. First National Bank, U. S. C. C. (W. D. Penn.), 27 Fed. Rep., 503.) 9G REPORT OF THE COMPTROLLER OF THE CURRENCY. 12. LIEN ON DIVIDENDS An association has equitable lien upon dividends declared for any just debt due to it from the shareholders. {Hager v. Union National Bank, 63 Me., 509.) 13. CONTRACTS AND OBLIGATIONS OF OLD CORPORATION: (a) Where a State bank has been converted into a national banking associa. tion it may enforce all contracts made with it while a State corporation. (CityNational Bank Y. Phelps, 97 N. Y., 44.) (b) And it is liable, after the conversion, for all the obligations of the oM institution. (Coffee v. The National Bank of Missouri, 46 Mo., 140; KeUey v. The National Bank of Crawford, 69 Penn. St~, 426.) (c) A national banking association organized as the successor of a State bank may take and hold the assets of the bank whose place it takes, though there was not in form a conversion from a State to a national corporation, but the organization of a new corporation. (Bank v. Mclntire, 40 Ohio St., 528.) (d) And such association will be liable to the depositors of the former bank. (Eans v. Exchange Bank, 79 Mo., 182.) 14. PLACE OF BUSINESS : * (a) The provisions requiring "the usual business" of the association to be transacted " a t an office or banking-house in the place specified in its organization certificate " must be construed reasonably; and a part of the legitimate business of the association which can not7 be transacted at the banking-house may be done elsewhere. (Merchants Bank v. State Bank, 10 Wall, 604.) (6) Although the general business of a national banking association is to be transacted at its place of business, yet if the association is fully advised of the facts, and does not object, and there is no fraud, its officers, when acting within the general scope of their authority, may bind it by acts done at another place. (Burton v. Burley, 9 Biss., 253.) (c) Under Revised Statutes, section 5190, providing that "the usual business of each national banking association shall be transacted at an office or banking-house located in the place specified m its organization certificate," a national bank can not make a valid contract for the cashing of checks upon it at a different place from that of its residence, through the agency of another bank. (Armstrong v. National Bank of Springfield, 38 Fed. Bet)., 883.) ^ (d) Whatever the terms of such an arrangement, being made before the date of the drawee bank's certificate of authorization, it is invalid under Revised Statutes, section 5136, providing that no banking association " shall transact any business except vsuch as is incidental and necessarily preliminary to its organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking." (Ibid.) 15. CIRCULATING NOTES: The circulating notes of a national banking association are valid, though they do not bear the imprint of the seal of the Treasury. ..Such imprint was intended to be simply evidence of the contract, and forms no part of the contract itself. ( United States v. Bennett, 17 Blatch., 357.) 16. BUSINESS OF LIQUIDATING ASSOCIATION: After an association goes into liquidation there is no authority on the part of its officers to transact any business in its name so as to bind its shareholders, except that which is implied in the duty of liquidation, unless such authority has been expressly conferred by the shareholders. (Richmond v. Irons, 121 U. S., 27.) 111. ULTRA VIRES. 1, DEALING IN STOCKS: (a) A national banking association is not authorized to act as a broker or agent in the purchase of bonds and stocks. (First National Bank of Allentown v. Eoch, 89 Penn. St., 324 ; Weckler v. The First National Bank of Hagerstown 42 Jtfd., 581.) v (b) A national banking association can not deal in stocks. The prohibition is to be implied from the failure to grant the power. (First National Bank v. National Exchange Bank, 92 U. S., 122.) NOTE,—But see, as to its power to deal in Government securities, Powers, 4. REPORT OF THE COMPTROLLER OF THE CURRENCY. 97 2. PURCHASING NEGOTIABLE PAPER : A national banking association can not purchase negotiabl? paper. (Lazear v. National Union Bank of Baltimore, 52 Md., 78; First National Bank of Rochester v. Pier son, 24 Minn., 140; see also Farmers and Mechanics' Bank v. Baldwin, 23 Minn., 198. But see Smith v. The Exchange Bank of Pittsburg, 26 Ohio St., 141.; 3. LENDING CREDIT: {a) A national banking association can not lend its credit. (Johnston v. Charlottesville National Bank, 3 Hughes, 657 ; Seligman v. Charlottesville National Bank, 3 Hughes, 647.) (b) A national banking association can not guaranty the paper of a customer for his accommodation. (Seligman v. Charlottesville National Bank, supra.) (c) The accommodation paper of a national banking association is void in the hands of one who takes it with knowledge of its character. (Johnston v. Charlottesville National Banks supra.) 4. MORTGAGER ON REAL ESTATE: (a) National banking associations are by implication prohibited from taking mortgages on real estate as security for contemporaneous loans. (National Bank v. Matthews, 98 U. S , 621; Fowler v. Scully, 72 Penn. St., 456; Kansas Valley National Bank v. Roivell, 2 Dill, 371; Commonwealth Bank v. Clark, 4 Mo., 59; Crocker v. Whitney, 71 N. Y., 161; Fridley v. Bowen, 87III., 151.) (b) But where such security has been taken, no one but the Government can be heard to complain that the association has exceeded its powers. (National Bank v. Matthews, supra ; National Bank v. Whitney, 103 U. S., 99; Swopev. Leffingwell, 105 U. S., 3; Reynolds v. National Bank, 112 U. £.,405; Fortier v. National Bank, 112 U. S., 439.) NOTE.—These decisions overrule, on this point, Kansas Valley National Bank v. Rowell, 2 Dill., 371; Crockery. Whitney, supra; Fowler v. Scully, supra; Matthews v. Skinner, 62 Mo., 329; Woods v. People's National Bank of Pittsburg, 83 Penn. St., 57; Fridley v. Bowen, supra. 5. WHEN ASSOCIATION CAN NOT SET UP WANT OF POWER: Where a national banking association has entered into a contract which it was not authorized to make, a party who has enjoyed the benefit of sujch contract can not question its validity. (Casey v. La Socie'te' de Credit Mobilier, 2 Woods, 77; German National Bank v. Meadowcroft, 95 III., 124.) IV. STOCK. 1. PURCHASING ITS OWN STOCK: Where a national banking association purchases shares of its own stock, and divides them among its directors, to whom the shares are transferred upon the stock books, the transaction is void, and no title passes. (Meyers v. Valley National Bank, U.S.D. C. (E. Dist. Mo.), 13 National Bankruptcy Register, 34.) 2. LIEN ON STOCK: (a) A national banking association can not acquire a lien on the stock of a shareholder. And a by-law prohibiting a transfer until all liabilities of the shareholder to the association are discharged, or a provision to that effect in the certificates of stock, is void. (Bullard v. National Bank, 18 Wall., 589; Bank v. Lanier, 11 Wall., 369; Conklin v. The Second National Bank, 45 N. Y., 655.) (b) A national banking association can not take a pledge of its stock to secure a deposit made by it with another bank. Such a transaction amounts to a lending upon the security of its own shares. (Bank v. Lanier, supra.) (c) Though a bank is prohibited from lending money upon the security of its own shares, yet, if the shares have been sold and the proceeds applied to the payment of the debt, the courts will not aid the shareholder to recover the value of the shares. He can dispute the validity of the transaction only while the contract is executory, and the security still subsists in the possession of the bank. (National Bank ofXeniav. Stewart, 107 U. S, 676.) 3. MAY BE ATTACHED : The stock of a shareholder indebted to it may be attached by the association and sold on execution. (Hager v. Union National Bank, 63 Me., aO9.) 11167 7 98 REPORT OF THE COMPTROLLER OF THE CURRENCY. 4. CAPITAL SET FREE BELONGS TO SHAREHOLDERS: When a national banking association reduces its capital stock the amount of capital thus released belongs to the shareholders pro rata and must be returned to them; and it can not be retained by the association for a surplus. (Seeleij v. New York National Exchange Bank, 8 Daly, 400; S. C , 4 All. N. C, 61; affirmed, 78 N. Y., 608. 5. CONTRACT TO GIVE SHARES FOR BUSINESS : Where an association has made or ratified a contract to give a person a certain number of the shares of its stock, upon condition that he will continue to do his business with it, and derives the benefit from this contract, the other party may recover of the association the value of the shares. (Mich v. State National Bank of Lincoln, 7 Nelr., 231.) 6. TRANSFER OF STOCK : (a) The transfer of shares in national banking associations is not governed by different rules from those which are ordinarily applied to the transfer of shares in other corporate bodies. (Johnson v. Laflin, 103 U. S.,800.) (b) The entry of the transaction in the books of the association ia required, not for the translation of the title, but for the protection of the parties, and others dealing with the association, and to enable it to know who are its stockholders. (Ibid.) (c) A shareholder in a national bank, while it is a going concern, has the absolute right, in the absence of fraud, to make a bona fide and actual sale and transfer of his shares, at any time, to any person capable in law of purchasing and holding the same, and of assuming the transferor's liabilities in respect thereto; and this right is not, in such cases, subject to the control of the directors or other stockholders. (Johnson v. Laflin, 5 Dill., 65.) (d) Under the pretense of prescribing the manner thereof, an association can not clog the transfer with useless restrictions. (Johnson v. Laflin, supra.) (e) When a shareholder, acting in good faith, delivers his certificates of stock, with a blank power of attorney for making the transfer, and receives the purchase-money, the sale is complete and the title passes. (Ibid.) (/) Where a cashier, who is intrusted by the directors with the duty of transferring the stock of the association, refuses, for insufficient reasons, to transfer shares, and the association subsequently becomes insolvent, the owner of the shares may maintain an action against the receiver for the injury sustained. (Case v. Citizens' Bank, 100 U. S., 446.) (g) Where a shareholder who has sold his stock has delivered to the bank the certificates of stock and a power of attorney with the request that the transfer be made upon the books of the bant, and has had no reason to suppose that such transfer was not made, he will not, should the bank afterward become insolvent, be held liable as a shareholder, although he still appears as such on the books of the bank. (Whitney v. Butler] 118 *7.S.,655.) (h) But where the president of the bank is himself the purchaser of the stock, then the delivery of the certificates and power of attorney to him with the request to make the transfer upon the books of the bank would not be sufficient to discharge the seller from liability as a stockholder. (Richmond v. Irons, 121 U.S., 27.) (i) Where a shareholder of a national bank makes a bona fide sale of his stock, and goes with the purchaser to the bank, indorses the certificate, and delivers it to the cashier of the bank, with directions to make the transfer on the books, he has done all that is incumbent upon him to discharge his liability, and he is not liable, though the cashier failed to make the transfer, upon the subsequent suspension of the bank, for an assessment made by the Comptroller of the Currency, under Revised Statutes, section 5151, to pay the bank's debts. (Hayes v. Shoemaker, 39 Fed. Bep., 319.) 7. SUBSCRIPTIONS TO INCREASE OF CAPITAL STOCK: (a) Where one subscribes for shares in the increase of the capital of a national banking association in a certain amount, such subscription and payment are upon the implied condition that the increase shall be in the exact amount so fixed; and if such amount is changed, the subscriber may avoid the subscription and recover the amount paid in. (Eaton v. Pacific Bank, 144 Mass., 260.) (b) And the certificate of the Comptroller of the Currency that the amount of the increase in another sum has been paid in, which amount includes what was paid by the dissenting subscriber, will not be conclusive upon such subscriber. (Ibid,) REPORT OF THE COMPTROLLER OF THE CURRENCY. 99 7, SUBSCRIPTIONS TO INCREASE OF CAPITAL STOCK—Continued. (c) But if such subscriber has assented to or ratified the change he will be held a shareholder. (Delano v. Butler', 118 U. S., 634.) (d) National banks have no authority to increase their capital stock except as provided by Revised Statutes, sec. 5142, and act of Congress May 1, 1886; and where an increase is attempted to be made without obtaining the consent of two-thirds of the stock, the payment in fall of the amount of such increase, and the certificate and approval of the Comptroller of the Currency, as required by those statutes, the proceedings are invalid, and preliminary subscriptions to such increase can not be enforced. (Armstrong v. Stanage et al., 37 Fed. Eep., 508.) (e) A subscriber who has made payments on his subscription to the proposed increase believing that the statutory requirements would be complied with is entitled to have the amount thereof allowed as a claim against the assets of the bank in the receiver's hands, (ibid.) (/) When the previous proceedings looking to an increase in the capital stock of a national bank have been regular and all that are requisite, and a stockholder subscribes to his proportionate part of the increase and pays his subscription, the law does not attach to the subscription a condition that it is to be void if the whole increase authorized be not subscribed; although there may be cases in which equity would interfere to protect him in case of a material deficiency. (Aspinwall v. Butler, 133 U. S., 595.) (g) The Comptroller of theCurrency has power by law to assent to an increase in the capital stock of a national bank less than that originally voted by the directors but equal to the amount actually subscribed and paid for by the shareholders under that vote. (Md.) (h) Where one subscribes for shares in an increase of capital stock of a national bank and pays for the same without waiting to see whether the whole amount of the increase is taken, he is bound by such subscription #and payment, though the amount of the increase is afterward reduced by "the bank and the Comptroller of the Currency. (Butler v. Eaton, Supreme Court U. S., May 25, 1891.) 8. SPECIFIC PERFORMANCE OF CONTRACT TO SELL: A specific performance of a contract to sell the stock of a national banking association will not be enforced in favor of a purchaser who places his claim for equitable relief upon the ground that he desires to obtain control of the association. Such an object is contrary to public policy. (FolVs Appeal, 81 Perm. St.} 434.) V. SHAREHOLDERS. 1. ESTOPPED TO DENY INCORPORATION : A shareholder who has held himself oat to the world as such is estopped to deny that the association was legally incorporated. (Casey v. Galli, 94 U. S., 673; WheelocJc v.Kost, 77 III., 296.) 2. INDIVIDUAL LIABILITY: (a) The question whether there is a deficiency of assets, and when it is neces" sary to enforce the individual liability of shareholders, is for the Comptroller to determine; and his decision in this matter is final and conclusive* (Kennedy v. Gibson, 8 Wall, 498; National Bank v. Case, 99 U. S., 628', Casey v. Galli, 94 U. 8., 673.) (b) The amount contributed by each shareholder should bear the same proportion to the whole amount of the deficit as his own stock bears to the whole amount of the capital stock at its par value. And the solvent shareholders can not be made to contribute more than their proportion to make good the deficiency caused by the insolvency of other shareholders. (United States v. Knox, 102 U. S., 422.) (c) A shareholder who disposes of his stock will continue to be liable thereon until the transfer is noted on the books of the association. (Bowdell v. Farmers and Merchants' National Bank of Baltimore, U. S, C. C. (D. Md., 1877), Browne's N. B. Cas., 147.) (d) The individual liability of a shareholder adheres to his estate after his death until his place as a member of the association is taken by some new shareholder. (Davis v. Weed, U. S. D. C. (Dist. Conn.), reported 44 Conn., 569.) (e) The receiver has a valid claim against the estate generally of a deceased shareholder who died prior to the insolvency of the bank, but whose stock has not been transferred. (Richmond v. Irons, 121 U. S. 27; Davis v. Weed, supra.) 100 REPORT OF THE COMPTROLLER OF THE CURRENCY. 2. INDIVIDUAL LIABILITY—Continued. (/) And the fact that the title to the stock of a deceased shareholder vests in his administrator does not relieve the estate from the burden of an assessment. (Davis v. Weed, supra.) (g) Nor will the fact that the administration is complete, and all the assets have been distributed, defeat an action brought to recover the assessment. (Ibid. But see Witters v. Soivles.) (h) The United States district court has jurisdiction of au action at law brought by the receiver of a national bank to recover an assessment made upon a stockholder, and the action may be maintained in such event against the executor of a deceased stockholder. (Stephens v. Bern-ays, U. S. C. C, E. D. Mo.) (i) One who appears on the books of the association as the owner of shares of its stock is individually liable, though he hold the stock merely as collateral security. (National Bank v. Case, 99 U. S.,628; Moore v. Jones, 3 Woods, 53;Bowdell v. Farmers and Merchants' National Bank of Baltimore, supra; Hale v. Walker, 31 Iowa, 344; JVheelock v. Kost, supra.) (j) But a pledgee of shares of stock in a national bank who in good faith and with no fraudulent intent takes the security for his benefit in the name of an irresponsible trustee for the avowed purpose of avoiding individual liability as a shareholder, and who exercises none of the powers or rights of a stockholder, incurs no liability as such to creditors of the bank in case of its failure. (Anderson, Receiver, v. Warehouse Company, 111 U.S., 479.) (k) And where stock has been transferred as collateral security for a loan, with the understanding that in case of default in the payment of the loan the shares shall be sold, the transferee, upon default made, and before the bank closes its doors, may sell the stock for a nominal consideration, though his purpose be to avoid a personal liability; and such a transaction can not be set aside as a fraud upon the creditors of the association. (Magruder v. Colston, 44 Md., 349.) NOTE.—The court put the decision upon the ground that the sale was in pursuance of a stipulation which formed a part of the contract between the original owner and his transferee. See also Holyoke Bank v. Burnham, 11 Cush., 187, upon the authority of which the Maryland case was decided. (I) If the trusteeship of one who holds stock in trust does not appear upon the books of the association he will be individually liable. (Davis v. Essex Baptist Society, U. S. D. C. (Dist. Conn.), reported 44 Conn., 58'2.) (MI) 11A transfer of shares for the purpose of avoiding liability, though made out and out," is void. National Bank v. Case, supra; Bowden v. Santos, 1 Hughes, 158.) (n) And where a shareholder, who has knowledge of the insolvent condition of the bank, transfers his shares, without consideration, to a person unable to respond to the assessment, the transfer may beset aside and the individual liability of the transferrer enforced. (Bowden v. Johnson, 107 U. S., 251.) (o) The real owner of the stock is liable as a stockholder, though when he porchased the stock he had it transferred upon the books to another. (Davis v. Stevens, 17 Blatch., 259.) NOTE.—The case of the owner of the stock is thus different from that of a pledgee. (See Anderson v. Warehouse Company, supra.) (p) Where shareholders have assessed themselves to the amount of the par value of the stock for the purpose of restoring impaired capital, the contributions made in pursuance of such assessment, though all used in paying the debts of the association, will not so operate as to discharge the shareholders from their individual liability. (Delano v. Butler, 118 U. S., 634.) (q) The individual liability of the shareholders of an insolvent association may be enforced for the purpose of paying all of its liabilities, and not merely for the purpose of paying its " debts," technically so called. (Stanton v. Wilkeson, 8 Ben., 357.) (r) The individual liability of the stockholders must be restricted in its meaning to such contracts, debts, and engagements of the association as have been duly coutracted in the ordinary course of its business. And, therefore, creditors of an association who make settlements after the association is put into liquidation and receive from the president payment of their claims in paper of the association, or the individual notes of the president himself, indorsed or guaranteed in the name of the association, are not to be considered as creditors of the association entitled to subject the stockholders to individual liability; for these are new contracts. (Richmond v. Irons, 121 U.S.,27.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 101 2. INDIVIDUAL LIABILITY—Continued. (s) The individual liability of the stockholders is en forcible only in behalf of all the creditors, and any security given by a stockholder for his liability in this respect should likewise be for the benefit of all the creditors. Accordingly, a mortgage of all the individual property of a stockholder, made after the bank has closed its doors, for the purpose of securing a single depositor, is void as against a judgment obtained against such stockholder in an action by the receiver to recover the amount of his individual liability. (Gatch v. Fitch, 34 Fed, Rep., 566.) (/) Where a married woman is by the State law capable of holding stock in a national bank in her own right, she is liable to an assessment upon her shares, though the law of the State does not authorize married women to bind themselves by contracts for the payment of money. The law annexes her obligations by its own force ; no act or capacity to act on her part is required. {Witters v. Sowles, 35 Fed. Rep. 640; S. G. 32 Fed, Rep., 767.) (n) The coverture of a married woman, who is a shareholder in a national bank, does not prevent the receiver of the bank from recovering judgment against her for the amount of an assessment levied upon the shareholders equally and rataibly under the statute. (Keyser v. Hitz, 133 U. S., 138.) (v) While it is undoubtedly the rule as regards stockholders that one put upon the books as a stockholder without his consent can not be held for any liability in respect to such stock, yet where the person to whom the stock is transferred is a director of the bank, and is concerned in the management of its affairs, he must be presumed to have knowledge of the fact that the stock stood in his name, and if he has not repudiated the transfer to himself, is liable as the holder of sucli stock. (Brown v. Finn, 34 Fed. Rep., 1240 (w) In such case the mere return of the dividends paid upon the stock to the person by wl.-om the transfer was made will not be a sufficient repudiation thereof. (Ibid.) (x) The State statute of limitations applies to a suit brought by the receiver of a national bank against a shareholder to recover an assessment upon his stock to pay the debts of the bank. (Butler v. Poole, 44 Fed. Rep.,1)86.) 3. WHEN LIABILITY DISQUALIFIES FROM VOTING: The provision of section 5144, Revised Statutes, which disqualifies shareholders " whose liability is past due and unpaid " from voting at meetings of shareholders, applies only to liability for unpaid subscriptions for stock. (United States ex rel. v. Barry, 36 Fed. Rep., 246.) 4. RIGHT TO INSPECT BOOKS : Code of Alabama, 1886, section 1677, which provides that stockholders of all corporations have the right to have access to, and inspection and examination of, the book, records, and papers of the corporation at all reasonable and proper times, applies to national banks located within the State; and mandamus will lie against the officer having custody of the books to enforce the right. (Winter v. Baldwin, 7 So., Rep., 734.) VI. OFFICERS. 1. TENURE OF OFFICE : (a) The officers of a national banking association can hold their positions only by the tenure specified in section 5136, Revised Statutes, viz, the pleasure ofthe board of directors. (Harrington v. First National Bank of Chittenango, S. C. N. r., 1873, Thomp. N. B. Cas., 761; see also Taylor v. Button, 43 Barb., 195.) (b) Directors of national banking associations may remove the president, both under the law of Congress and the articles of association, where the latter so provide. The power exists, though the association has adopted no bylaws. (Taylor v. Mutton,supra.) •;?. BONDS OF OFFICERS: (a) It is not necessary that national banking associations shall signify their approval ofthe official bonds of their officers by memoranda entered upon the journals or minutes of the directors. The acceptance is to be presumed from the retention ofthe bond, and from the fact that the officer is permitted to enter upon or continue in tne discharge of his duties. (Grover v. The Lebanon National Bank, 10 Bush.t 23.) 102 REPORT OF THE COMPTROLLER OF THE CURRENCY. 2. BONDS OF OFFICERS—Continued. (b) Where the sureties of an officer can reasonably be presumed to have been deceived by the statement of the condition of the bank published just prior to the execution of the bond, and to have been led to think that there was no deficit, whereas there had been a misapplication of a large part of the funds by the officer whose bondsmen they became, which fact would have been ascertained had the directors exercised ordinary dilligence, the sureties are discharged from their liability. (Grover v. The Lebanon National Bank, supra.) 3. DIRECTORS MUST ACT AS A BOARD : The election of an individual as a director does not constitute him an agent of the corporation with authority to act separately and independently of his fellow members. It is the board duly convened and acting as a unit that is made the representative of the association. The assent or determination of the members of the board acting separately and individually is not the assent of the corporation. The law proceeds upon the theory that the directors shall meet and counsel with each other, and that any determination affecting the association shall be arrived at and expressed only after a consultation at a meeting of the board, attended by at least a majority of its members. (National Bank v. Drake, 35 Kans., 564.) 4. BORROWING MONEY OF ASSOCIATION: An officer may, in the ordinary course of business, borrow money of the association. (Blair v. First National Bank of Mansfield, U. S. C. C. (N. D. Ohio), 1877, 10 Chicago Legal News, 84.) 5. LIABILITY FOR VIOLATIONS OF LAW: (a) All directors who participate in and assent to a loan in excess of one-tenth of the capital of the bank, in violation of section 5*200, Revised Statutes, will be liable to the bank for all damages sustained by it in consequence of such loan. (Witters v. Sowles, 31 Fed. Rep., 1.) (b) If a cashier, without authority from the directors so to do, makes a loan in excess of one-tenth of the capital of the association, he will be liable, in case of loss, for the amount of the excess. (Second National Bank of Oswego v. Burtj XIVNew York Weekly Digest, 290. Reversed in court of appeals on ground that transaction was discount of bill of exchange drawn against actually existing values, 93 N. F., 233.) (c) The directors of a national bank will not be held liable for loss occasioned to the bank through the frauds of a co-director in which they had no part, and which were perpetrated without their connivance or knowledge. It is not sufficient to charge them with liability .that the frauds might have been prevented by the exercise on their part of a proper degree of supervision over the affairs of the bank. (Movius v. Lee, U. S. C. C. (N. D. N. Y.), 30[Fed. Rep.,298.) (d) Directors of a national bank are " officers" within the meaning of Revised Statutes, United States, section 5209, which makes it a misdemeanor for bank officers to make false entries in any book, report, or statement of the bank, with intent to deceive any of its officers. ( United Stales v. Means et al., 42 Fed. Rep.,599.) (e) The personal liability of directors of a national bank for violation of Revised Statutes, United States, section 5204, by declaring dividends in excess of net profits, and of section 5200, for loaning to separate persons, firms, or corporations amounts exceeding one-tenth of the capital stock, can not be enforced in an action at law. (Welles v. Graves, 41 Fed. Rejy., 459.) (/) Under Revised Statutes, United States, section 5239, providing that if the directors of a national bank shall violate any of the provisions of the title relating to the organization and management of banks, the franchises of the bank shall be forfeited, such violation, however, to be determined by a proper court of the United States in a suit therefor by the Comptroller, and that in cases of such violation every director participating therein shall be personally liable for all damages which the bank, its shareholders, or any other person shall have sustained in consequence thereof, the Comptroller can not authorize the receiver to bring suit, under section 5234, to enforce such personal liability, until it has been adjudged by a proper courtthat such acts have been done as authorize a forfeiture of the charter. (Ibid.) (g) The right to maintain an action under Revised Statutes, United States, section 5239, to recover from a bank director the damages sustained by his bank in consequence of excessive loans made by him while serving in the capacity of director, is not affected by the fact that the Comptroller has or has not procured a forfeiture of the bank's charter. (Stephens v. Overstolz, 43 Fed. Rep., 771.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 103 5. LIABILITY FOR VIOLATIONS OF LAW—Continued. (/<) For services performed by the district attorney in bringing a suit against a uational bank, and obtaining a forfeiture of its charter, he is not entitled to more than $10, the fees prescribed by section 824, there being no other law of the United States giving a compensation to a district attorney for such services. (Bashaw v. United States, 47 Fed. Rep., 40.) (i) A stockholder of an insolvent national bank for which a receiver has been appointed can not maintain an action at law against the directors for the purpose of making them personally liable for the mismanagement of the bank, but the action must be brought by the receiver. (Howe v. Barney, 45 Fed. Rep., 668.) (j) Revised Statutes, United States, sections 5234 and 5239, prescribing the method of enforcing the liability of the directors of national banks for violation of the banking law, are exclusive of other remedies, and a creditor of an insolvent bank, for which a receiver has been appointed* can not sue its directors for the purpose of making them personally liable for the mismanagement of the bank. (National Exchange Bank v. Peters et ah, 44 Fed. Rep., 13.) 6. DIRECTORS OF CONVERTED BANKS: (a) When a State bank is converted into a national banking association all of the directors at the time will continue to be the .directors of the association until others are appointed or elected, though some of them may not have joined in the execution of the articles of association and organization certificate. (Lockivood v. The American National Rank, 9 R. /., 308.) (b) And semble, that the directors of a bank at the time of its conversion into a national banking association are not required to take the oath of directors. (Ibid.) (c) But even were the oath required, a majority of all who were directors at the time of the conversion, and not merely a majority of those who take the oath, are necessary to constitute a quorum. (Ibid.) 7. RETIREMENT OF DIRECTORS : (a) The law providing no particular mode by which a director is to resign from the board, an oral resignation would be as good as any. (Movius v. Lee, 30 Fed. Rep., 298.) (b) The president being the head of the board, a resignation to him is a resignation to the board. (Ibid.) (c) A director is not prohibited from resigning during the year. The apparent purpose of the provision in regard to the term of office is to make it conform to the time of the new election, and not to absolutely require every director to serve the full term. ^(Ibid.) VII. INTEREST. 1. WHAT INTEREST ASSOCIATIONS MAY TAKE: (a) The provision in section 30 of the act of 1864 "that where, by the law of any State, a different rate is limited for banks of issue organized under State laws, the rate so limited shall be allowed for associations organized in any such State under the act," is enabling, and not restrictive; and, therefore, a national banking association in any State may stipulate for as high a rate of interest as by the laws of such State a natural person may, although State banks of issue are restricted to a less rate. (Tiffany v. National Bank of the State of Missouri, 18 Wall., 409.) (6) But it is not to be inferred from Tiffany v. National Bank of Missouri that whatever by the laws of the State is lawful for natural persons in acquiring title to negotiable paper by discount is lawful for national banks. (National Bank v. Johnson, 104 U. S., 271.) (c) The interest which a national banking association may charge is limited to the rate allowed to the banks of the State generally ; and the fact that a few of the State banks are specially authorized to take a higher rate is not a warrant for a national banking association to do so. (Duncan v. First National Bank of Mount Pleasant, U. S/D. C. ( W. D. Penn., 1878), 11 Bank Mag., 787; Gruber v. First National Bankf 87 Penn. St., 468.) (d) Where the State law does not limit the rate of interest which may be charged on loans to corporations, a national banking association located in that State can not charge more than 7 per cent interest on such loans. (In re Wild, 11 Blatch., 243.) 104 REPORT OF THE COMPTROLLER OF THE CURRENCY. 1. WHAT INTEREST ASSOCIATIONS MAY TAKE—Continued. (e) Where by the statutes of the State parties nre authorized to contract for any rate of interest, national banking'associations in that State may likewise contract for any rate, and are not limited to 7 per cent. (Hinds v. Marmelejo, 60 Cal., 229; National Bank v. Bruhn, 64 Texas, 571.) 2. ON CLAIMS AGAINST INSOLVENT AND LIQUIDATING ASSOCIATIONS : (a) A depositor in a national banking association which has become insolvent is entitled to interest on his deposit. (National Banlc of Commonwealth v. Mechanics' National Bank, 94 U. S., 437.) (b) He is entitled to interest from the date of the suspension_of payments ; and no demand upon the association is necessary. (Chemical National Bank v. Bailey, 12 Blatch., 480.) (c) Claims, when proved to the satisfaction of the Comptroller, are upon the same footing as if put in judgment, and therefore bear interest; and the fact that, under certain circumstances, there might be thus a compounding of interest will not defeat the right to interest. (National Bank of Commonwealth v. Mechanics' National Bank, supra.) (d) But where a creditor has obtained judgment against an insolvent national banking association for the full amount of his claim and interest, he is not entitled to interest upon the face of the judgment, but only upon the amount of the claim at the time of the failure. (White v. Knox, 111 U. S., 7-84.) (e) The creditors of an insolvent national banking association in the hands of a receiver are entitled to interest on their claims during the period of administration. (Chemical National Bank v. Bailey, supra.) (/) The assessments made by the Comptroller upon the shareholders of an insolvent association bear interest from the date of the order. (Casey v . Galli, 94 U. £.,673.) (g) In the case of book accounts in favor of depositors, interest begins to run against an association in liquidation from the date of the suspension of business. (Richmond v. Irons, 121 U. S., 27.) 3. USURY: (a) The usury laws of the States do not apply to national banking associations. (Farmers and Mechanics' Bank v. Bearing, 91 U. S., 29; Central National Bank v. Pratt, 115 if ass., 539; First National Bank v. Gorlinghouse, 22 Ohio St., 492; Davis v. Randall,115 Mass., 547; Bintermister' Y. First National Bank, 64 N. Y., 212.) (b) And the remedies provided by the State for the taking of usury can not be resorted to. (Farmers and Mechanics' Bank v. Bearing, supra; Wiley Y. Starbuck, 44 Ind., 298.) (c) The taking of illegal interest by a national banking association does not render the contract void. (Farmers and Mechanics' Bank v. Bearing, supra.) (d) It does not invalidate an indorsement or a guaranty of the notes upon which the usurious interest was paid. ( Oates v. First National Bank of Montgomery, 100 U. £.,239; Lazear Y. National Union Bank of Baltimore, 52 Jftf.,78.) (e) But usury destroys the interest-bearing power of the obligation; and there will be no point of time from which it can bear interest. (Lucas v. Government National Bank, 78 Penn. St., 228.) (/) The usury works a forfeiture of the entire interest accruing after maturity and before judgment, as well as that which accrues before maturity. (Shunkv. The First National Bank of Gailion, 22 Ohio St., 508.) (g) The discounting of business paper by a national banking association at a higher than the legal rate is usurious, though the law of the State fixes no limit to the rate which natural persons may take for the discount or purchase of such paper. (Johnson x. National Bank of Gloversville, 74 N. Y., 329; affirmed in National Bank v. Johnson, 104 U. S., 271.) (h) By charging more than legal interest on overdrafts, a national banking association loses the right to recover any interest at all. (Third National Bank of Philadelphia v. Miller, 90 Penn. St., 241.) (i) The liabilities of antecedent parties to a note or bill will not be affected by the usurious character of the transaction between the payee and the association ; aud the association may recover the full amount of the note or bill from the maker or acceptor. (Smith v. The Exchange Bank of Pittsburg, 26 Ohio St., 141.) (j) Usurious interest which has been paid to a national banking association can not be applied by way of payment or set-off in any action by the association to recover the amount of the loan. (Barnet v. Muncie National Bank, 98 U.S., 855.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 105 3. USURY—Continued. (A;) Nor can the penalty for taking the usurious interest be recovered by way of counter-claim in such action, bat a separate action must be brought there* for. {Ibid.) NOTE.—This case overrules portions of the decisions in Lucas v. Government National Bank, supra; OverholtY. National Bank, 82 Penn. St., 490; Cake v. The First National Bank of Lebanon, 83 Penn. St., 303. (Z) A director is not by reason of his position estopped from setting up the defense of usury in an action brought against him by the association. {Batik of Cadiz v. Slemons, 34 Ohio St., 142.) (m) Where a national banking association has discounted notes for another bank at a usurious rate of interest, the fact that the other bank has charged illegal interest on those notes to its customers will not affect its right to set up the defense of usury in an action by the association. {Third National Bank of Philadelphia v. Miller, supra.) {n) The amount which may be recovered from the association as a penalty is twice the amount of interest paid, and not simply twice the amount in excess of the legal rate. {Crocker v. First National Bank of Chetopa, U. S. C. C. {Eighth Circuit), 3 Am. L. T. [N. S.], 350; Overholt v. National Bank of Mount Pleasant, 82 Penn. St., 490 ; see also Barnet v. Muncie National Bank, supra.) VIII. INSOLVENT ASSOCIATIONS. 1. NOT SUBJECT TO BANKRUPT ACT: National banking associations were not subject to the bankrupt act while that act was in force. {In re Manufacturers* National Bank, 5 Biss., 499.) 2. WHAT CONSTITUTES INSOLVENCY : The term " insolvency," as used in section 5242, Revised Statutes, forbidding transfer of the assets of national banking associations after, or in contemplation of, such insolvency, has the same meaning as it had when applied to traders in the bankrupt act; that is, it does not mean an absolute inability of a debtor to pay his debt at some future time, upon a settlement and winding up of his affairs, but a present inability to pay in the ordinary course of business. {Case v. Citizens' Bank of Louisiana, 2 Woods, 23; Market Bank v. Pacific National Bank, 30 Hun, 50.) 3. ASSETS A TRUST FUND: Upon the appointment of a re3eiver all the assets of the association become in his hands a trust fund which the statute of limitations does not touch or affect. {Middle v. First National Baiik, U. S. C. C. {W. D. Penn.), 27 Fed. Rep., 503.) NOTE.—But this point was not necessary to tho decision of the case, for suits against insolvent corporations are by a law of Pennsylvania expressly excluded from the operation of the statute. 4. UNITED STATES HAS NO PRIORITY: (a) Section 3466, which gives the United States a priority for all claims it has against insolvent debtors, does not apply to the case of an insolvent national banking association. {Cook County National Bankv. United States, 107, U. S., 445.) (b) And as against the proceeds of the bonds deposited to secure circulation the United- States can set off no claim, except for money advanced to redeem the notes. {Ibid.) (o) And upon the failure of an association its 5 per cent redemption fund can not be retained by the Treasurer to pay taxes due to the United States, but the fund passes to the Comptroller as an asset of the association. {Jackson v. United States, 20 Ct. Ch., 298.) 5. CLAIMS FOR TORTS: Claims arising out of the non-feasance or malfeasance of the association should be paid ratably with the debts, technically so called. {Turner v. First National Bank of Keokuk et al., 26 Ioiva, 562.) 6. PREFERENCES: {a) A preference, to be within the meaning of section 5242, Revised Statutes! must be given to an existing creditor to secure a pre-existing debt. A transfer by an insolvent bank to secure a contemporaneous loan is not a violation of the law. {Casey v. La Soci6U de Credit Mobilier, 2 Wood, 77.) 10G REPORT OF THE COMPTROLLER OF THE CURRENCY. 6. PREFERENCES—Continued. (b) Revised Statutes, United States, section 5*242, which prohibits all transfer*-* by any national banking association made after the commission of an act o J insolvency, or in contemplation thereof, with the view to a preference o one creditor over another, is directed to a preference, not to the giving of security when a debt is created; and if the transaction be free from fraud in fact, and is intended merely to adequately protect a loan made at the time, the creditor can retain property transferred to secure such a loan until the debt is paid, though the debtor is insolvent, and the creditor has reason at the time to believe that to be the fact. (Armstrong v. Chemical National Bank, 41 Fed. Rep., 234.) (c) A banker's lien for the amount of the balance of its general account does not exist when the securities have been deposited with the bank for a special purpose, or for the payment of a particular loan. (Ibid.) (d) Revised Statutes, United States, section 5242, which invalidates all transfers of the notes, bonds, or bills of exchanges of a national bank, after the commission of an act of insolvency, with the view to the preferences of one creditor over another, does not prohibit a bank which has in good faith accepted the draft of a national bank the day before the latter's insolvency, and afterward paid the same, from applying the proceeds of collections made by it, on paper in its hands belonging to the insolvent bank, to the payment of the draft, since its lien on such collections runs from the date of the acceptance. (In re Armstrong, 41 Fed. Rep., 381.) (e) The insolvency need be in the contemplation of the bank only. It need not be known to the person to whom the transfer is made. (Case v. Citizens1 Bank of Louisiana, supra.) (f) After the directors of an insolvent association have voted to close its doors, any transfer of assets whereby a creditor secures a preference must be presumed to be made with an intent to prefer. (National Security Bank v. Price, 22 Fed. Rep., 697.) (g) Where the officers of an association which is in danger of insolvency, fo\ the purpose and in the expectation of preventing a failure, make a pledge of securities to a depositor to induce him not to withdraw his deposit, such a pledge is not a preference within the meaning of section 5242, Revised Statutes, and will not be set aside when the association afterward is declared insolvent. (Roberts v. Hill, 23 Fed. Rep., 311.) (h) Where an insolvent association receives a deposit a short time before closing its doors, its officers knowing of the insolvency at the time, the receipt of such deposit is a fraud upon the depositor, and no title passes to the association, and therefore the depositor may reclaim the whole amount of the deposit; and as he claims under his orignal title, and not under a transfer from the association, such reclamation does not amount to a preference. (Cragie et al v. Hadley, 99 N. Y, 131.) (i) A trust was not impressed upon funds deposited on day the bank closed its doors in the absence of proof that the deposit had not gone into the general fund of the bank and lost its identity before reaching the receiver. (In re North River Bank, 14 N. Y, 261.) (j) But a creditor will not have a lien upon the funds of the association because checks given in settlement of balances were fraudulent, and were given at a time when the bank was hopelessly insolvent and its officers were contemplating flight. (Citizens' National Bank v. Dowd, 35 Fed. Rep., 340.) (k) Where the proceeds of an item indorsed u for collection and return " were mingled with other moneys of the bank, if it was a breach of trust it was a convertion, and plaintiff became a simple contract creditor, with no preference at law. (Philadelphia National Bank v. Dowd, 38 Fed. Rep., 172.) (?) Where by agreement and custom a national bank received drafts from its correspondent indorsed "for collection for the," and credited it to them as cash, with the understanding that any unpaid draft should be charged back, and where the collecting bank failed before collection, the proceeds of the draft coming into the hands of a receiver, the correspondent bank has the rights of a general creditor only. (First National Bankv. Armstrong, 39 Fed. Rep., 231.) (m) Where a national bank collected all papers sent to it by complainant under an arrangement which constituted the bank the agent of complainant, the latter can recover, on the ground of a trust, from a receiver of the bank such portion only of the proceeds of its paper sent to the bank as it shows has passed into the receiver's hands, either in its original or some substituted form. (Commercial National Bank v. Armstrong, 39 Fed. Rep., s 684.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 107 0. PRE F EnKNCES—Continued. (n) Wliero checks and drafts sent from one bank to another indorsed "for collection" and credited "subject to payment" according to the dealings between the banks, and part of them were paid to the receiver of the latter bank after its failure and the balances were credited to it by the payors, the amount paid the receiver should be accounted for as a trust fund, but the balance as a general debt. (First National Bank v. Armstrong, 42 Fed. Eep., 193.) (o) Negotiableu paper with restrictive indorsement credited by agent on date of receipt subject to payment," although account is subject to be drawn upon, title is not transferred, and upon the insolvency of the agent before receiving notice of the collection of the item, the owner is entitled to the proceeds in the hands of the collecting agent. (Fifth National Bank v. Armstrong, 40 Fed. Rep., 46.) (p) The drawers of a draft deposited with a bank for collection, and by it forwarded to a correspondent bank, are entitled to the amount as against the receiver of the forwarding bank, which was insolvent, and known to be so by its officers when it received the draft, and suspended payment before the proceeds were withdrawn from the collecting bank. (Importers and Traders' National Bank v. Peters et al. (Court of Appeals. N. Y.), 25 N. E. Eep., 319.) (q) When a bank which has received a draft for collection sends it to another bank for that purpose, and on being advised that the latter bank has collected the draft credits the depositor and then becomes insolvent without having received the money from the collecting bank, the depositor remains the owner of the draft, and is entitled to its proceeds from the collecting bank against the receiver and the creditors of the insolvent bank. (Armstrong v. National Bank of Boyertotvn (Court of Appeals, Ky.), 11 S. TV. Rep., 411.) 7. BASIS FOR ESTIMATION OF DIVIDENDS: In estimating the dividends to be paid out of the assets of an insolvent association, the value of the claims at the time when the insolvency is declared is to be taken as the basis of distribution. (White v. Knox, 111 U. S., 784.) 8. SET-OFF: (a) A person liable upon a note to an insolvent national bank may set off against his indebtedness the amount of hisdeposits with the bank. (Platt v. Bentley, Thomp. N. B. Cas., 758.) (&) But a debtor can not set off the amount of a deposit assigned to him after the act of insolvency committed. (Venango National Bank v. Taylor, 56 Penn. St.,U.) (c) Funds received on the discounting of a note and deposited with the discounting bank, subject to the check of the depositor and which had been drawn upon by him, but were intended by him to meet the note when due, can not be pleaded as a set-off in an action on the note brought by the receiver of the discounting bank who received the note before maturity. (Armstrong v. Scott, 36 Fed. Rep., 63.) (d) The commercial paper of a national bank becomes overdue and dishonored after the commission of an act of insolvency and appointment of a receiver, and is subject to all equities between the bank and the original party to whom it was payable, (U. St D. C. (N. I). Ill), May, 1890.3 (e) A set-off under Illinois statute in favor of the maker of a note or bill is available if the paper is assigned after due, whether arising out of the same transaction or otherwise. (Ibid.) 9. CLAIM FOR BREACH OF CONTRACT OF LEASE : Where a national bank has leased a banking house for a long term of years, and subsequently becomes insolvent, but during the time it continued business had not defaulted in paying the rent, the leseor has no claim against the receiver by reason of the insolvency or dissolution of the corporation or the forfeiture of its franchises, or by the refusal of the receiver to take under the contract and pay the rent. (Fidelity Soft Deposit and Trust Co. v. Armstrong, 35 Fed. Rep., 567.) IX. RECEIVER. 1. OFFICER OF THE UNITED STATES: A receiver, when appointed by the Comptroller, with the concurrence of the Secretary, is an officer of the United States. (Stanton v. Wilkesonj 8 Ben.t 357.) 108 REPORT OF THE COMPTROLLER OF THE CURRENCY. 2. WHOM HE REPRESENTS: He represents the bank, its stockholders, and its creditors ; but he does r.ot ii uny sense represent the Government. (Case v. Terrell, 11 Wall., 199.) 3. HOW FAR SUBJECT TO COMPTROLLER'S ORDERS: (a) The clause of section 50, act of 1864, which prescribes that the receiver shal he *' under the direction of the Comptroller/' means only that he shall b< subject to the Comptroller's direction, not that he shall not act jvithou orders. He may bring suit to collect assets without having been instructe< to do so by the Comptroller. (Bank v. Kennedy, 17 Wall.) (b) The receiver of a national bank is the instrument of the Comptroller, am may he removed by him, (Kennedy v. Gibson, 8 Wall., 505.) 4. POWER OF COURTS TO APPOINT: (a) Tim power of the Comptroller to appoint a receiver is not exclusive; it doe; not oust the courts of equity of their authority in the matter; and there fore a court of competent jurisdiction may place the bank in the hands of J receiver in cases where, according to the rules of equity, it may pursue sucl a course with regard to insolvent corporations generally. (Irons v. Manu facturers' National Bank, 6 Biss., 301; Wright v. Merchants' National Bank 1 Flippin, 561.) (b) Where a bank has gone into voluntary liquidation, and the Comptrolle has no power to appoint a receiver, a proper court, in a case where sue! action is necessary to protect the interests of a creditor, will appoint a re ceiver for it. (Irons v. Manufacturers1 National Bank, supra.) (c) Where a national hank is insolvent, and in process of voluntary liquida tion, and its affairs are being greatly mismanaged by its managing agents to the injury of its creditors and stockholders, and some of the cretlitor and stockholders are being favored to the injury of others, a receiver ma; be appointed in such a case, even where the bank only has been made i defendant. (Elivood v. First National Bank, 21 Kans., 673.) 5. DEBTORS OF ASSOCIATION CAN NOT QUESTION LEGALITY OF APPOINTMENT: The legality of the appointment of the receiver can not be questioned by th< debtors of the bank when sued by him. The bank may move to have th< appointment set aside, but the debtors can not. (Cadle v. Baker, 20 Wall. 650 ; see also Platt v. Beebe, 57 N. F., 339.) 6. RECEIVER'S DECISION NOT FINAL: The decision of a receiver rejecting a claim is not final. The claimant still ha the right to sue. (Bank of Bethel v. Pahquioque Bank, 14 Wall, 383.) 7. SALE B Y : (a) The receiver can not sell the real or personal property of the bank withou an order from a court of competent jurisdiction. (Ellis v. Little, 27 Kans. 707.) (b) Nor can he sell upon the terms in conflict with the order. (Ibid.) (c) And under an order permitting him to sell the property of the bank he cai not exchange, trade, or barter it for other property. (Ibid.) (d) A sale made by a receiver under order of a court is to all intents and pur poses a judicial sale. (In re Third National Bank, 9 Biss., 535.) 8. CONTRACTS OF : (a) As the power of a receiver of a national bank appointed by the Comptrolle is limited, a person dealing with him in his official capacity is bound as i matter of law to have knowledge of his authority to act, and if contract and agreements are entered into with the receiver in excess of his authority as conferred by law, the parties contract at their own peril and the estati of the bank can not be charged for the default or inability of a receive acting outside of his functions as receiver and beyond the duties which i involves. (Ellis v. Little, 27, Kans., 707.) (b) The receiver can not charge the estate of the bank by any executory con tract, unless authorized so to do by the provisions of the national banking law, and the order of a court of competent jurisdiction obtained upon th< terms of said law. (Ibid.) 9. EXPENSES OF RECEIVERSHIP FOR ASSOCIATION WHICH HAS GONE INTO LIQUIDATION Where after an association has gone into liquidation a receiver is appointee at the instance of the creditors, the expenses of such receivership must b( paid by the creditors. The shareholders can not be made individually liable for such expenses. (Bichmond v. Irons.) REPORT OF THE COMPTROLLER OF THE CURRENCY. 1013 X. TAXATION. 1. WHAT MAY BE TAXED : (a) A State can not tax the capital stock of a national bank as such. The tax must be assessed upon the shares of the different stockholders. (Collins v. Chicago, 4 Biss., 472.) (b) Under Revised Statutes, United States, section 5219, which declares that nothing in the national banking act shall prevent all the shares of stock of a national bank from being included in the assessment of the personal property of the owners of such shares, an assessment of the entire stock of a national bank in solido against the bank itself is invalid. {National Bank of Virginia v. City of Richmond et al., 42 Fed. Rep., 877.) (c) The assessment of the entire capital stock of a national bank in solido against the bank itself is invalid. The bank may pay the tax assessed upon the shares of its different stockholders, and it will have a lien thereon when it pays such tax until the same is satisfied; but if for any cause the tax levied upon the different stockholders is not paid by the bank, the property of the individual stockholders will be liable therefor. {First National Bank of Leoti v. Fisher (S. C., Kans.), April 11,1891.) (d) The individual stockholders of a national bank are allowed the same deductions from the assessment against them upon their shares of stock as other tax payers in the State, owning moneyed capital, are allowed. (Ibid.) (e) The term " moneyed capital "~as used in Revised Statutes, United States respecting State taxation of shares in national banks embraces capital employed in national banks, and capital employed by individuals when the object of their business is the making of profit by the use of their moneyed capital as money. (Talbott v. Silver Bow County, Montana, 139 U. S., 438.) (/) Laws, New York, chapter 596, section 3, which provides that the stockholders in banks and trust companies organized under the authority of the State, or of the United States, shall be assessed for the value of their shares of stock, but which'omits to provide for the taxation of the shares of stock in other private corporations, does not contravene Revised Statutes, United States, section 5219, which forbids the taxation of shares of national banks at a greater rate than is assessed on other " moneyed capital" in the hands of the individual citizens of the State. (Palmer v. McMahon, U. S. S. C.) (g) The shares of a national bank are taxable to the owners, and the bank is * not liable primarily or as the agent of the shareholders, under the act of Congress, or the various laws of the State or Territory, for the payment of a tax levied upon such shares; but if such bank, through its proper officers, voluntarily lists such shares as the property of the bank for taxation, and the taxing officers of the State or Territory in pursuance of such erroneous listing tax the same in the name of the bank, equity will not relieve the bank from the payment of such tax by enjoining its collection in the absence of a proper application to all the statutory tribunals authorized to hear such matter and determine and grant the proper relief. '(Albuquerque National Bank v. Peoria et al. (S. C, N. Mex.), January 28, 1891.) (h) The entire interests x>f the shareholders may be taxed without any deduction for that portion of the capital which is invested in United States securities. (Van Allen v. The Assessors, 3 Wall., 573.) (i) New shares issued by a national banking association can not be taxed until the increase of capital has been approved by the Comptroller of the Currency. (Charleston y. People's National Bank, 5 S. C, 103.) (j) The manifest intention of the law is to permit the State in which a national bank is located to tax, subject to the limitations prescribed, all the shares of its capital stock without regard to their ownership; and, therefore, a national bank may be taxed upon the shares which it holds in another national bank. (Bank of Redemption v. Boston, 126 U. S., 60.) (k) The undivided surplus of a national banking assciation, unless invested in Federal securities, may be lawfully taxed by the State. (North Ward National Bank of Newark v. City of Newark, 10 Vroom, 380; First National Bank v. Peterborough, 56 N. H., 3*5.) (I) But, of course, if the surplus is taken into consideration in estimating the taxable value of the shares, it is not to be taxed separately. (North Ward National Bank v. City of Newark, supra.) NOTE.—But it has been held in Maryland that the stock of an association represents its whole property, and where a tax is assessed upon the shares a separate tax upon the real or personal estate amounts to double taxation; and, therefore, where the organic laws of the State prohibit double taxation, such a tax upon the property of an association is void. (County Commissioners v. Farmers and Mechanics' National Bank, 48 Md., 117 ; see also National State Bank v. Young, 25 Iowa, 311, wherein it was held that the States could tax only the shares eo nomine and the real estate.) 110 REPORT OF THE COMPTROLLER OF THE CURRENCY. 1. WHAT MAY BE TAXED—Continued. (m) The surplus fund of a national banking association is not excluded in the valuation of its shares for taxation. (Str afford National Bank v. Dover, 51 N. ff.,316.) (n) Where shares of stock are assessed at their actual cash value, without anj deduction for the real estate owned by the association, the real estate should not be taxed eo nomine. (Commissioners of Mice County v. Citizens National Bank of Faribault, 23 Minn., 280.) (o) Real estate owned by a bank constitutes part of its assets, within the meaning of Code of Mississippi providing that banks shall pay a privilege tax, whose amount varies with their " capital stock or assets" in lieu ol all other taxes. (Vicksburg Bank v. Worrell, 7 So. Rep., 219.) (p) The States can not tax the circulating notes of national banking associa tions. (Hornev. Greene, 52 Miss., 452 ; Contra Board of Commissioners v Elston, 32 Ind., 27, see also Ruffinv. Board of Commissioners, 69 N. C, 498: Lily v. The Commissioners, 69 N. C, 300.) 2. RATE: (a) Where the State banks are taxed upon the capital, no tax can be imposed upon the shares of national banking associations ; for as the capital of the State banks may consist of the bonds of the United States, which are exempt from State taxation, a tax on capital is not equivalent to a tax on shares. (Van Allen v. The Assessors, 3 Wall., 573; Bradley v. The People, A Wall., 459.) (b) But though the tax upon the State banks is not eo nomine a tax on shares, yet if it is equivalent to such a tax, the shares in the national banking associations located in that State may be taxed. (Frazer v. Seibern, 16 Ohio St.^ 614; FanSlykev. State, 23 Wis., 656; Boijnoll v. State, 25 Wis., 112.) (c) Where by local legislation different rates are prescribed for different classeg of moneyed capital, the rate imposed upon shares of national banks should approximate as closely as may be to the rate imposed upon other moneyec capital of the same or similar class, viz, shares of Sfcate banks. (City National Bank v. Paducah, U. S. C. C. (Sixth Circuit, 1877), 5 Cent. L. J., 347.) (d) Congress meant no more than to require of the States, as a condition to the exercise of the power to tax the shares in national banks, that they should, as far as they had the capacity, tax in like manner the shares of banks of issue of their own creation. (Lionberger v. Bouse, 9 Wall., 468.) * (c) Therefore, where a State has previously contracted with the banks which it has chartered that they shall not be taxed above a certain rate, a tax upon national-bank shares at a greater rate is not invalid if this rate ie not greater than that assessed upon all the moneyed capital within the State, except that of the State banks. (Ibid.) (/) Any system of assessment of taxes which exacts from the owner of the shares of a national banking association a larger sum in proportion to the actual value of those shares than it does from other moneyed capital, valued in like manner, taxes the shares at a greater rate, notwithstanding that the percentage of tax on the valuation is the same as that applied to other moneyed capital. (Peltony. Commercial National Bank, 101 U.S., 143.] 3. VALUATION: (a) In estimating the value of the shares for the purpose of taxation reference may be had to all the property and values of the bank. (Saint Louii National Banky. Papin, U. S. C. C. (Eighth Circuit), 3 Cent. L. J., 669.) (b) If no excessive valuation is complained of, and a correct result is arrived at, equity will not restrain the collection of a tax because the method oi computation was erroneous. (Ibid.) (c) The shares may be valued for taxation at an amount exceeding their face value, if this amount is not at a greater rate than the valuation set upoi] other moneyed capital in the State. (Hepburn v. School Directors, 23 Wall. 480.) (d) Under the statute of New York, shares in national banking associations should be taxed at their real or market value. (People v. The Commissionen of Taxes and Assessments, 94 U. S., 415.) (e) Where shares in national banking associations are purposely valued proportionately higher than the other moneyed capital in the State, the assessment is void. (Pelton v. National Bank, 101 U. S., 143.) (f) And the collection of what is in excess of the rate imposed on the other moneyed capital may be enjoined. (Ibid.) REPORT OF THE COMPTROLLER OF THE CURRENCY. Ill 3. VALUATION—Continued. (g) It is not required that the State should abandon systems of taxation of their own banks, or of rnonoy in the hands of their other corporations, which they may think the most wise and efficient modes of taxing their own corporate organizations, in order to make that taxation conform to the system of taxing the national banks upon the shares of their stock in the hands of the shareholders; all that is necessary is that the system of State taxation of its own citizens, of its own banks, and of its own corporations shall not work a discrimination unfavorable to the holders of the shares of the national banks. {Davenport Bank v. Davenport, 123 U. S.} 83.) 4. EXEMPTIONS: (a) The intention of Congress was that the rate of taxation of the shares should be the same as, or not greater than, the tax upon the moneyed capital of the individual citizen which is subject and liable to taxation. (People v. The Commissioners, 4 Wall, 244.) (6) Therefore, it is not a ground of objection to the validity of a tax on shares that, while deductions for United States bonds are made from the personal estates of individuals and the capital of State corporations, no deductions are made on account of the capital of national banking associations invested in such bonds. (Ibid.) (c) The fact that by the statutes creating them, which statutes were passed prior to the national banking law, State banks are entirely exempt from taxation will not render a tax upon the shares of national banking associations void. (City of Richmond v. Scott, 48 Ind., 568.) (d) And a State tax upon shares in national banking associations is not rendered invalid by an exemption of the shares of other corporations, the capital of which consists of property required to be listed for taxation as such. (Mclver v. Robinson, 53 Ala., 456.) (e) Merely a partial exemption of other moneyed capital will not invalidate a tax upon shares in national banking associations. (Hepburn v. School Directors, 23 Wall., 480.) (/) But though Congress did not contemplate that there should be an absolute equality (which in the nature of things is impossible), yet it did intend that there should be a substantial equality ; and therefore, if the exemptions in favor of other moneyed capital are so palpable as to show that there is a serious discrimination against capital invested in the shares of national banking associations, the tax will be declared unlawful. (Boyer v. Boyer, 113 U. S., 690.) (g) A State law which does not permit a deduction to be made from the assessed value of bank shares for all debts due by the holder thereof, while authorizing such a deduction to be made from the assessed value of moneyed capital otherwise invested, is void. (People ex rel. Williams v. Weaver, 100 U. S., 539, reversing S. C, 67 JV. Y., 516, and overruling People v.Dolan, 36 N. Y., 59.) (h) In the assessment and taxation of shares of national-bank stock, the owners thereof, having no other credits or moneyed capital, are entitled to deduct their bona fide debts from the value of such shares of stock. (Wasson v. Bank (Ind.),8N. E. Rep.,97.) (i) Revised Statutes, section 5219, providing that shares of national-bank stock may be taxed as part of the personality of the owner, and that each State may tax them in its own manner, except that the taxation shall not be at a greater rate than is imposed on other "moneyed capital" owned by citizens of the State, and that the shares of non-residents shall only be taxed in the city wherein the bank is located, do not authorize the taxation of the stock of a bank in solido by the city in which it does business, but only the shares of individual owners residing in the city are taxable, and they must be taxed separately, in order that the owner may deduct from their value the amount of his personal indebtedness, where the State laws or municipal ordinances permit such deductions, and require equality of taxation. (First National Bank of Richmond v. City of Richmond et al., 39 Fed. Rep., 309.) (;') The main purpose of Congress in fixing limits to State taxation on investments in the shares of national banks, was to render it impossible for the State in levying such a tax to create and foster an unequal and unfriendly competition by favoring institutions or individuals carrying on similar business and operations and investments of a like character ; and the language of the law is to be read in the light of this policy. And, therefore, the exemption of shares of stock in corporations, the business of which does not come into competition with that of the national bank (e. g., railroad companies, mining 112 REPORT OF THE COMPTROLLER OF THE CURRENCY. 4. EXEMPTIONS—Continued. companies, manufacturing companies, and insurance companies), does not invalidate a tax upon national-bank shares. Capital thus employed is not u moneyed capital " within the meaning of the act of Congress. (Mercantile Bank v. New York, 121 U. S., 138.) (k) Bonds issued by a State, or under its authority by its public municipal bodies, although they undoubtedly represent moneyed capital, yet as from their nature they are not ordinarily the subject of taxation, are not within the reason of the rule established by Congress for the taxation of nationalbank shares, and the fact that the State exempts them from taxation does not deprive it of the right to tax shares of stock of national banks in the State. (Ibid.) (I) Although deposits in savings banks constitute moneyed capital in the hands of individuals within the terms of any definition which can be given of that phrase, yet they are not within the meaning of the act of Congress in such a sense as to require that, if they are exempted from taxation, shares of stock in national banks must thereby also be exempted from taxation ; for it can not be supposed that savings banks come into any possible competition with national banks. (Ibid.) (m) Under act Louisiana, 1888, section 27, relating to taxation of national-bank shares, making no deduction for that part of the bank's property entering into their value which consists of non-taxable State and national securities, which deduction may, under the act, be made by individuals, a tax on national-bank shares violates Revised Statutes of the United States, section 5219, prohibiting the assessment of such shares at a greater rate than moneyed capital in the hands of individual citizens, audit is immaterial that the same discrimination is made against other corporations. (Whitney National Bank v. Parker, 41 Fed. Rep., 402.) 5. COLLECTION OF TAX FROM THE ASSOCIATION: (a) A State tax upon shares is valid, though the tax is collected from the bank. (National Bank v. Commonwealth, 9 Wall., 353.) (b) And the State may require the banks to pay a tax rightfully laid upon the shares. (Ibid.) (c) And where the tax on shares is payable by the association, the collection of the tax may be enforced by distraint of its property. (First National Bank v. Douglas County, 3 DHL, 330.) (d) But where the tax laws of the State make the bank the mere agent for paying the tax on shares, and direct it to retain so much of the dividends as will answer that purpose, other agents being required to pay taxes for their principals only when they have under their control the property, money, or credit of such principals, the bank can not be made liable unless it has the control of the property, etc., of its shareholders, or has dividends in its possession, or has failed to retain them. (Hershire v. First National Bank, 35 Iowa, 272.) (e) Act Louisiana, 1888, section 27, providing that shares in banks shall be assessed to the shareholders, but requiring the bank to pay taxes so assessed, and authorizing it to collect the same from the shareholders, imposes a tax, not upon the bank, but upon its shares, as permitted by act of Congress, providing 4hat a State may determine the manner of taxing the shares of national banks located in the State. ( Whitney National Bank v. Parker, 41 Fed. Bep., 402.) 6. LICENSE TAX: (a) National banking associations can not be subjected to a license or privilege tax. (Mayor v. First National Bank of Maoon, 59 Ga., 648; City of Carthage v. First National Bank of Carthage, 71 Mo., 508; National Bank of Chattanooga v. Mayor, 8 Heiskell, 814.) (b) A State law prohibiting the establishment of banking companies in the State without the authority of the legislature was not intended to apply to banking corporations created by authority of Congress, since such corporations may be legally established in the State without the consent of the legislature. (Stetson v. City of Bangor, 56 J/e., 274.) 7. POWERS OF TAXING OFFICERS: (a) Municipal officers can not asses a tax upon the shares of national banking associations until authorized to do so by some law of the State. (Stetson v. City of Bangor, 56 Me., 274.) (&) The officers of a national banking association can not be compelled to exhibit to the taxing officers of a State the books of the association showing the deposits of its customers. (First National Bank of Youngstown v* Hughes, U> S< C. C. (Ni D. Ohio, 1878), BrQWntfs N* B* Gas<t 176,) REPORT OF THE COMPTROLLER OF THE CURRENCY. 113 7. POWERS OF TAXING OFFICERS—Continued. (c) Code Alabama, 1286, S. 1677, which provides that stockholders of all private corporations have the right to have access to, and inspection and examination of the books, records, and papers of the corporation, at all reasonable and proper times, applies to national banks located within the State, and the rights of stockholders are not curtailed nor the statute in conflict with Revised Statutes, United States, which provide that national banks shall not be subject to visitorial powers other than those authorized by Congress or vested in the courts of justice. (Winter v. Baldwin, Ala., 7 So., 734.) (d) The only remedy for the making o*f a false return to the auditor by the cashier of a bank, of the resources and liabilities of the bank for the purposes of taxation, is afforded by revised statutes of Ohio, section 2679, which provides that the auditor may examine the books of the bank, and any officer or agent of it under oath, and make out the statement; and any officer of the bank may be lined not exceeding $100 for failing to make the statement, or for willfully making a false one. (Miller v. First National Bank, 21 N.E.Rep., 860.) (e) A national banking association is not exempt from examination by internalrevenue officers when it has in its possession any articles subject to an internal-revenue tax. Such an examination is not the exercise of a yisitorial power, and therefore is not prohibited by the provision of section 5241, . Revised Statutes, that the national banks shall not be subject to any visitorial powers except those authorized by the national-bank act or vested in the courts of justice. (United States v. Bhawn, U. S. D. C. (E. 1). Penn.), Thomp. N. B. Cas., 358.) (/) Where by the tax laws of a State a perpetual lien for taxes attaches to property only by virtue of a levy thereon, and such levy is not made prior to the insolvency of the bank, the taxing officers of the State will be restrained, at the instance of the receiver, from levying upon the property of an insolvent national bank, and selling it, for the purpose of collecting a tax. (Woodward v, Ellsworth, 4 Colo., 580.) (g) A State may require the cashiers of national banking associations located within its territory to transmit lists of the shareholders to the taxing officers of the various towns in which the shareholders reside. (Waite v. Dowley, 94 U. S., 527.) 8. ENFORCEMENT OF TAXES: A tax duly assessed upon shares may be enforced in accordance with the general laws of the State on that subject. ( Weld v. City of Bangvr, 59 Me., 416.) 9. LOCATION OF ASSOCIATION FOR TAXING PURPOSES : An association which opens au office for the purpose of receiving deposits in another place than that in which it was organized does not become " l o cated" in that place for purposes of taxation. (National State Bank of Camden v. Pierce, U. S. C. C. (E. D. Perm.), 18 Alb. L. J., 16). XI. JURISDICTION. NOTE.—The jurisdiction of the Federal courts in national-bank cases was very materially changed by the proviso to the fourth section of the act of July 12, 1882. The proviso is as follows: il Provided, however, That the jurisdiction for suits hereafter brought by or against any association established under any law providing for national banking associations, except suits between them and the United States, or its officers and agents, shall be the same as, and not other than, the jurisdiction for suits by or against banks not organized under any law of the United States which do or might do banking business where such national banking associations may be doing business when such suits may be begun. And all laws and parts of laws of the United States inconsistent with this proviso be, and the same are hereby, repealed." The jurisdiction of the United States circuit courts in suits by or against national banks is thus defined by section 4. act March 3, 1887: " SEC. 4. That all national banking associations established under the laws of the United States shall, for the purposes of all actions by or against them, real, personal, or mixed, and all suits in equity, be deemed citizens of the States in which they are respectively located; and in such cases the circuit and district courts shall not have jurisdiction other than such as they would have in cases between individual citizens of the same State. 11167 8 114 REPORT OF THE COMPTROLLER OF THE CURRENCY. JURISDICTION—Continued. " The provisions of this section shall not be held to affect the jurisdiction of the courts of the United States in cases commenced by the United States, or by direction of any officer thereof, or cases for winding up the affairs of any such bank.'7 1. JURISDICTION OP FEDERAL COURTS PRIOR TO THE ACT OF JULY 12, 1882: (a) National banking associations may sue in the Federal courts. The word " by " was omitted from section 57 of the act of 1864 by mistake. (Kennedy v. Gibson, 8 Wall, 505.) (6) A national banking association may sue and be sued in the circuit court for the district in which the association is located, irrespective of the amount in controversy and the citizenship of the parties. (County of Wilson v. National Bank, 103 U. 8., 770; Mitchell v. Walker, U. S. C. C. (W. D. Penn., 1879), Browne'8 N. B. Cas., 180; Commercial Bank of Cleveland v. Simmons, U. 8. C. C. (W. D. Ohio), 10 Alb. L. J., 155.) (c) But where the amount in controversy does not exceed five hundred dollars, the association can not sue in a Federal court outside of the district in which it is established. (St..Louis National Bank v. Brinkman, U. S. C. C. (D. Kans.),lFed. Rep., 45.) (d) A national banking association located in one State may bring an action in the circuit court of the United States sitting within another State against a citizen of that State. (Manufacturers7 National Bank v. Baack, 8 Blatch,, 147.) (e) When a national bank is sued in a Federal court the suit must be brought in the district in which the bank is located. And service upon an officer of the bank in another district will not give the court of that district jurisdiction of the cause. (Maine v. Second National Bank of Chicago, 8 Biss., 26.) (/) A United States district court has jurisdiction of a suit in equity by or against a national banking association located within the district. (First National Bank of Pittsburgh v. Pittsburgh and Castle Shannon Railroad Company, 1 Fed. Bep., 190.) (g) A circuit court has no jurisdiction of a suit by a private person to compel the Comptroller of the Currency and the Treasurer of the United States to disclose what disposition has been made of the United States bonds deposited with the Treasurer by a national banking association, and for a decree directing those officers as to t>mir duty regarding such bonds. (Van Antwerp v. Hulburd, 7 Blatch., 425; Van Antwerp v. Hulburd, 8 Blatch., 282.) (h) Section 380, Revised Statutes, which provides that "all suits and proceedings arising out of the provisions of law governing national banking associations, in which the United States or any of its officers or agents shall be parties, shall be conducted by the district attorneys of the several districts under the direction and supervision of the Solicitor of the Treasury," does not enlarge the jurisdiction of the circuit court, and can not be held to confer jurisdiction in such suits or proceedings upon a court not having, independently of this section, authority to entertain them. ( Van Antwerp v. Hulburd, 7 Blatch., 426, supra.) (i) National banking associations, being corporations organized under the laws of the United States, are entitled as such to remove into the circuit court of the United States suits brought against them in the State courts. (Cruikshank v. Fourth National Bank, 21 Blatch., 322; see also Removal Cases, 115 U. S., 1.) (j) A United States district court has jurisdiction to authorize a receiver to compromise a debt. (Matter of Plait, 1 Ben., 534.) (k) An action at common law to recover a debt due to the bank may be instituted by a receiver in a United States district court, he being an officer of the United States within the meaning of section 563, Revised Statutes. (Platt v. Beach, 2 Ben., 303; Stantonv. IVilkcson, 8 Ben., 357.) (Z) The power of a national banking association to take a mortgage upon real estate is a question which the party raising it should be permitted to litigate in a Federal court; and he should not be sent into the State courts to try this question on the distribution of surplus moneys in a foreclosure suit, or in a suit brought by the party holding the alleged invalid mortgage. (In re Duryea, U. S. D. C. (S."l). N. Y.), 11 National Bankruptcy Register, 495.) 2. JURISDICTION OF FEDERAL COURTS SUBSEQUENT TO ACT OF JULY 12, 1882: (a) The tenth subdivision af section 629, Revised Statutes, which confers upon the circuit court of the United States jurisdiction of all suits by or against any national banking association established in the district for which the REPORT OF THE COMPTROLLER OF THE CURRENCY. 115 2. JURISDICTION OF FEDERAL COURTS SUBSEQUENT TO ACT OF JULY 12, 1882— Continued. court is held, lias been repealed by the proviso to section 4 of the act of July 12, 1882. (National Bank of Jefferson v. Fare el al., U. S. C. C. (E. D. Tex.), 25 Fed. Eep., 200.) (b) The object of this proviso was to deprive the United States courts of jurisdiction of suits by or against national banking associations in all cases where banks organized under State laws could not likewise sue or be sued in such courts. (National Bank of Jefferson v. Fare et al., supra.) (c) But the proviso does not affect the right of the receiver of an insolvent association to sue in a Federal court. (Sendee v. Connecticut and P. E. E. Co., 26 Fed. Eep., 677.) (d) Nor would the act of July 12, 1882, take from the circuit court jurisdiction of a suit brought against a director for negligent performance of his duties; for as such suit rests upon the requirements of the United States laws, and by-laws made pursuant thereto, it is a case arising under the laws of the United States. ^ (Witters v. Foster, U. S. C. C. (D. Ft.), 28 Fed. Eep., 737.) (e) In an action against a national bank in a circuit court of the United States, if all the parties are citizens of the district in which the bank is situated, and the action does not come under section 5209 or section 5239 of the Revised Statutes, the circuit court .has no jurisdiction. (Whittemore v. Amoskeag National Bank, 134 TJ. £.,527.) (/) The Federal courts have jurisdiction of an action between a national bank located in one State and a citizen of another State. (First National Bank v. Forest, 40 Fed. Eep., 705.) (g) An action between a receiver of an insolvent national bank and a depositor does not present a Federal question under Revised Statutes of the United States, section 5242, avoiding preferences to creditors of such an insolvent bank. (Tehan v. First National Bank et al., 39 Fed. Eep., 577.) On motion to remand to State court. (7i) A receiver of an insolvent national bank is an officer of the United States within the meaning of section 563, Revised Statutes of the United States, which gives the district courts jurisdiction of " all suits at common law brought by the United States, or any officer thereof authorized by law to sue.'7 (U, S. D. C. (E. D. Mo.), Feb. 24, 1890.) 3. JURISDICTION OF STATE COURTS: (a) State courts have jurisdiction of suits by and against national banking associations. (Bank of Bethel v. Pahquioque Bank, 14 Wall., 383; see also Ordway v. Central National Bank, 47 Md.y 217, and Clafflinv. Houseman, 93 U. S., 130.) (b) Where a national banking association is sued in a State court the suit must he brought in the city or county in which the bank is located. (Cadle v. Tracey, 11 Blatch., 101; Crocker v. Maine National Bank, 101 Mass., 240.) NOTE.—But the New York court of appeals has held that the provision of the national banking law as to the jurisdiction of State courts is permissive only, and not mandatory, and that a State court, in a proper case, may entertain a proceeding against a national bank located in another State. . (Cooke v. The State National Bank of Boston, 52 JV". F., 96 ; Eobinson v. National Bank of New Berne, 81 j\ r . Y.,385; see also Adams v. Daunis, 29 La. Ann., 315.) And in Talmage'v. Third National Bank, 27 Hun, 61, the supreme court of New York said: "The words of restriction to the placewhere said 'association is situated7 apply to the county and municipal courts and not to the State courts. In the State courts of general jurisdiction a national banking 77 association can be sued whenever an individual can be for the same cause. In Cooke v. The State National Bank, Chief Judge Church questioned the constitutional right of Congress to deprive the State courts of jurisdiction in such cases. (c) A State court can entertain an action brought to recover of a national banking association the penalty for taking usury. (Ordway v. The Central National Bank, 47 Md., 217; Hade v. McVay, 31 Ohio St., 231; Bletz v. .Columbia National Bank, 87 Penn. St., 87.) (d) The State courts have jurisdiction of an action brought by a shareholder on behalf of himself and other shareholders to recover of the directors of an insolvent association damages for injuries insulting from their negligence and misconduct. (Britwkerhoff v. Bostwick, 88 N. Y., 52.) (e) A State court has no power to make an order directing the receiver of a national bank, who has been appointed by the Comptroller of the Currency, to pay a judgment obtained against the bank before the receiver was appointed. (Ocean National Bank v. Carll, 7 Hun, 237.) 116 REPORT OF THE COMPTROLLER OF THE CURRENCY. 3. JURISDICTION OF STATE COURTS—Continued. (/) Stato courts Lave no jurisdiction of the case of an embezzlement of the funds of the association by one of its officers. (Commonwealth v. Felton, 101 Mass., 204; Commonwealth ex rel. Torrey v. Ketner, 92 Penn. St., 372.) (g) The defense of usury may be set up in action brought in a State court. (National Bank of Winterset v. F<yre, 52 Iowa, 114.) 4. UNITED STATES CAN NOT BE SUBJECTED TO JURISDICTION OF COURT: Neither the Comptroller nor the receiver by putting in an appearance to a suit can subject the United States to the jurisdiction of a court. (Case v. Terrell, 11 Wall,, 199.) 5. CITIZENSHIP: A national banking association is for jurisdictional purposes a citizen of the State in which it is located. (Davis v. Cook, 9 Nev., 134.) XII. SUITS. 1. BY AND AGAINST ASSOCIATIONS: (a) Suit may be brought against a national banking association though it is in the hands of a receiver. (Bank of Bethel v. Pahquioque Bank, 14 Wall., 383; Security National Bank v. National Bank of the Commonwealth, 2 Hun, 2«7 ; Green v. The Wallkill National Bank, 7 Hun, 63.) (I)} Where the tax on shares is collected from the association it may bring a suit to enjoin the collection of an illegal tax. (Cummings v. National Bank, 101 U. £.,153; Peltonv. Commercial National Bank, 101 U. £.,143; Boyer v. Boyer, 113 U.S., 143.) (c) A State law authorizing national banking associations which have been converted from State banks to use the name of the original corporation for the purpose of prosecuting and defending suits is not in conflict with the national bankiug law, and therefore proceedings based upon a judgment obtained before the conversion may be instituted by such association in its former corporate name. (Thomas v. Farmers' Bank of Maryland, 46 Md., 43.) (d) A national banking association is a foreign corporation within the meaning of a State statute requiring corporations created by the laws of any other State or country to give security for costs before prosecuting a suit in the courts of the State. (National Park Bank v. Gunst, 1 Abb. N. 6\, 292.) (e) As a national banking association can acquire no title to negotiable paper purchased by it, it can maintain no action thereon in a State where the person suing must be owner of the paper. (First National Bank of Bochester v. Pierson, 24 Minn., 140.) (/) But in a State where the holder may sue without respect to the ownership an association may bring suit upon paper so acquired. (National Pemberton Bank v. Porter, 125 Mass., 333 ; Atlas National Bank v. Savery, 127 Mass., 75.) (g) Suits brought by a receiver can not be settled or compounded upon an order of the Comptroller; this can be done only with the authority of the court. (Case v. Small, 2 Woods, 78.) (h) An action for money against a national bank whose corporate existence is admitted is not a suit arising under the laws of the United States. ( Ulster County Savings Institution v. Fourth National Bank, 8 N. Y., 162.) 2. B Y SHAREHOLDERS : (a) A shareholder of a national banking association can not maintain an action against the directors to recover damages sustained for neglect and mismanagement of the affairs of the association whereby it became insolvent and its stock was rendered worthless. Such an action can be brought only by the corporation itself. (Conway v. Halsey, 15 Vroom, 462.) (b) But where the receiver refuses to bring an action against negligent directors to recover the amount which the shareholders have been compelled to contribute to pay the debts of the association, an action against such directors may be brought by a shareholder on behalf of himself and the other shareholders. (Nelso7i v. Burrows, 9 Abb. N. C, 280.) (c) And when the receiver is a director, and one of the parties charged with misconduct and against whom a remedy is sought, the action may be brought by a shareholder on behalf of himself and the other shareholders. (Jfrinvkerhoffv. Bo8twick} 88 N. Y., 52.) EEPOET OF THE COMPTROLLER OF THE CURRENCY. 117 3. BY RECEIVERS : (a) A receiver may sue either in his own name or the name of the bank. {National Bank v. Kennedy, 17 Wall., VJ.) (b) Suits and proceedings under the act in which the United States or their officers or agents are parties, whether commenced before or after the appointment of a receiver, are to be conducted by the district attorney under the direction of the Solicitor of the Treasury. (Bank of Bethel v. Pahquioque Bank, 14 Wall, 383.) (c) But section 3$0, Revised Statutes, is directory merely, and the employment of private counsel by the receiver can not be made a ground of defense to a suit brought by him. {Ibid.) (d) Receivers may sue in the courts of the United States by virtue of the act without reference to the locality of their personal citizenship. (e) The provisions of the codes that every action must be brought in the name of the real party in interest, except in the case of the trustee of an express trust, or of a person authorized by statute to sue, does not apply to the receiver of a national banking association suing in a Federal court held in a State which has adopted the code procedure; for the right of the receiver to sue is derived from the national banking law. (Stanton v. Wilkeson, 8 Ben., 357.) (/) Under section 1001 of the Revised Statutes, no bond for the prosecution of the suit, or to answer in damages or costs, is required on writs of error or appeals issuing from or brought to the Supreme Court of the United States by direction of the Comptroller of the Currency in suits by or against insolvent national banking associations, or the receivers thereof. (Pacific National Bankv. Mixter, 114 U. 8., 463.) 4. BY CREDITORS OF'INSOLVENT ASSOCIATION: (a) The creditors of an insolvent association must seek their remedy through the Comptroller, in the mode prescribed by the statute j they can not proceed directly in their own names against the stockholders or debtors of the bank. (Kennedy v. Gibson, 8 Wall., 498.) (b) The writ of mandamus can not issue in a case where its effect is to direct or control the head of an executive department in the discharge of an executive duty, involving the exercise of judgment or discretion. (United States ex rel. Boynton v. Blaine, 139 U. S., 306.) 5. FOR USURY : (a) The penalty for all illegal interest paid to a national banking association within two years prior to the commencement of proceedings may be recovered in a single action, whether the amount was in one payment or in several. (Hintermister v. First National Bank, 64 N. Y., 212.) (b ) Where a bankrupt has paid usurious interest, his assignee may bring an action against the association to recover the penalty. ( Wright v. First National Bank of Greensburg, U. S. C. C. (Dist. Ind., 1878); Crocker v. First National Bank of Chetopa, U. S. C. C. (Eighth Circuit, 1876); 3 Am. L. T.N. S., 350.) (c) The party who paid the usurious interest is the only party to the note who is entitled to sue for the penalty. (Lazear v. National Union Bank of Maryland, &2Md.,78.) (d) Under Revised Statutes, United States, 5198, providing that a suit against a national bank for taking usurious interest must be commenced within two years from "the time the usurious transaction occurred," the limitation begins to run from the time when such interest is paid. (National Bank v. Carpenter, N. J., 19 A., 181.) 6. TO ENFORCE LIABILITY OF SHAREHOLDERS: (a) When the full personal liability of shareholders is to be enforced the action must be at law. (Kennedy v. Gibson, 8 Wall., 505; Casey v. Galli, 94 U. £.,673.) (b) And it may be at law, though the assessment is not for the full value of the shares; for, since the sum each shareholder must contribute is a certain exact sum, there is no necessity for invoking the aid of a court of equity. (Bailey v. Sawyer, 4 DHL, 463.) (c) But the suit may be in equity. (Kennedy v. Gib8ont supra.) 7. EXECUTION: A judgment against a national bank in the hands of a receiver only establishes the validity of the claim ; the plaintiff can have no execution on such judgment, but must wait r>ro rata distribution. (Bank of Bethel v. Pahquioque Bank, 14 Wall., 383.) 118 REPORT OF THE COMPTROLLER OF THE CURRENCY. g. ATTACHMENTS: (a) When a. creditor attaches the property of an insolvent bank he can not hold such property against the chiiin of a receiver appointed after the attachment suit was commenced. Such creditor must share pro rata with all others. (First National Jlank of Selma v. Colbij, 21 Wall., 609 ; Harvey v. Alien, 16 Blatch., 29.) (b) No State court can issue an attachment against the funds of a national hank. Although the provision forbidding attachments was evidently made to secure equality among the general creditors in the division of the proceeds of the property of an insolvent bank, its operation is by no means confined to cases of actual or contemplated insolvency ; but the remedy is taken away altogether and can not be used under any circumstances. The effect of the provision in section 524*2, Revised Statutes, is to write into all State attachment laws an exception in favor of national banks, and all such laws must be read as if they contained an exception in favor of national banks. (Pacific National Bank v. Mixter, 124 U. S., 721.) NOTE.—This case overrules the decision of the New York court of appeals in Robinson v. National Bank of New Berne (81 N. Y., 385), where it was held that the national banking law does not prohibit attachments against the property of national banks, except in eases where an act of insolvency has been committed, or is contemplated. See also National Shoe and Leather Bank v. Mechanics' National Bank, 89N. Y., 467; Eaynor v. Pacific National Bank, 93 N. Y., 371; Southwick v. First National Bank of Memphis, 7 Hun, 96. (c) Nor can an attachment be issued by a circuit court of the United States ; for as by the law of Congress all power of issuing ^attachments against national banks before judgment has been eliminated" from State statutes, there can be no laws of the State providing for such a remedy on which the circuit court can act. (Ibid.) D. ABATEMENT : An action brought by the creditor of a national bank is abated by a decree of a district or circuit court dissolving the corporation and forfeiting its franchises. (First National Bank of Selma v. Colby, 21 Wall., 609.) 10. ESTOPPEL: (a) A shareholder against whom suit is brought to recover the assessment made upon him by the Comptroller will not be permitted to deny the existence of the association, or that it was legally incorporated. (Casey v. Galli, 94 U. A, 673.) (b) Where one sued by a national bank is accustomed to deal with it as such, and does so deal with it in respect to the matter in suit, he is estopped from denying its incorporation. (National Bank of Fairhavenv. The Phcenix Warehousing Company, 6 Hun, 71.) 11. SUITS AGAINST LIQUIDATING ASSOCIATIONS: A national bank which has gone into voluntary liquidation will continue to exist as a body corporate for the purpose of suing and being sued until its affairs are completely settled. (National Bank v. Insurance Company, 104 U. S., 54; Ordway v. Ctntral Naional Bank, 47 Md.s 217.) 12. TRANSITORY AND LOCAL SUITS : The provision of the banking law, section 5198, Revised Statutes, which requires that actions brought against national banking associations in State courts shall be brought in the county or city in which the association is located, applies only to transitory actions ; it was not intended to apply to actions local in their character. (Casey v. Adams, 102 U. S., 66.) 13. SURVIVAL OF SUITS: Whether a suit against a director for negligent porformance of his duties, as required by the statutes of the United States and the by-laws of the association, will survive against the executor or administrator denends upon State laws. ( Witters v. Foster, U. S. C. C. {Dint Vt.), 25 Fed. -Rep.,737.) XIII. EVIDENCE. 1. CERTIFICATE OF COMPTROLLER : (a) The certificate of the Comptroller of the Currency that an association has complied with all the provisions required to be complied with before commencing the business of banking is admissible in evidence upon a plea tii REPORT OF THE COMPTROLLER OF THE CURRENCY. 119 1. CERTIFICATE OF COMPTROLLER—Continued. nul tic I corporation; and such certificate, together with proof that the association lias been acting as a national banking association for a long time, is amply sufficient evidence to establish, at least prima facie, the existence of the corporation. {Mix v. The National Bank of Blooming ton, 91 III., 20 ; see also Merchants' National Bank of Bang or v. Glendon, 120 Mass., 97.) (h) The certificate of the Comptroller that the association has complied with all the provisions of law touching the organization of associations removes any objection which might otherwise have been made to the evidence upon which he acted. (Casey v. Galli, 94 U. S., 673 ; Thatcher v. West Biver National Bank, 10 Mich., 196.) (c) And in a suit against the association or its shareholders such certificate of the Comptroller is conclusive as to the completeness of the organization. {Casey v. Galli, supra.) (d) A letter from the Comptroller directing the receiver to institute suit, if not objected to at the time, is sufficient evidence that the Comptroller has decided that the enforcement of the individual liability of the shareholders is necessary. (Bowden v. Johnson, 107 U. S., 251.) 2. EVIDENCE OF INSOLVENCY : (a) It is not necessary that the facts upon which the Comptroller bases his action in appointing a receiver should be established by what is competent legal evidence ; but he is left to be satisfied as best he can be, under the peculiar circumstances of each case, of the facts and the necessity for the exercise of his authority. (Platt v. Beebe, 57 N. Y., 330.) (b) A return oinulla hona upon an execution issued against the property of a national bank is proof of its insolvency. (Wheelock v. Kost, 77 III., 296.) 3. NECESSITY FOR ASSESSMENT BY COMPTROLLER : It is not essential, in an action to enforce the individual liability of the shareholders of an insolvent national banking association, to ayer and prove that the assessment was necessary ; for the decision of the Comptroller on this point is conclusive. (Strong v. Southworth, 8 Ben,, 331; Kennedy v. Gibson, 8 Wall., 505; Casey v. Galli, 94 U. 8., 673i) XIV. CRIMES. 1. UNDER UNITED STATES LAWS: (a) The willful misapplication of the moneys aud funds of a national banking association, made an offense by section 5209, Revised Statutes, must be for the use or benefit of the party charged or of some person or company other than the association. (United States v. Britton, 107 U. S., 655.) (b) The exercise of official discretion in good faith, without fraud, for the advantage or the supposed advantage of the association, is not punishable ; but if official action be taken in bad faith, for personal advantage and with fraudulent intent, it is punishable. (United States v. Fish, 24 Fed. Bep., 585.) (c) It is not necessary that the officer should personally misapply the funds of the association. He will be guilty as a principal offender though he merely procures or causes the misapplication. (Ibid.) (d) A loan in bad faith, with intent to defraud the association, is a willful misapplication within the meaning of the statute. (Ibid.) (e) It is no defense to a charge of embezzlement, abstraction, or misapplication of the funds of a national banking association that the funds were used with the knowledge and consent of the president and some of the directors. The intent to defraud is to be conclusively presumed from the commission of the offense. ( United States v. Taintor, 11 Blatch., 374.) (/) Where the president, charged as a trustee with the administration of the funds of the bank in his hands, converts them to his own use without authority for so doing, he embezzles and abstracts them within the meaning of section 5209, Revised Statutes. (Tn the matter of Van Campen,2Ben , 419.) (g) If, with intent to defraud the association, an officer allows a firm in which he is a member to overdraw its account, he will be guilty of misapplying the funds of the association. (Ibid). (h) As the national banking law makes the embezzlement, abstraction, or willful misapplication of the funds of a national banking association merely a misdemeanor, a person who procures such an offense to be committed can not be punished under a State statute which provides that a person who procures a felony to be committed may be indicted and comvicted of a substantive felony. (Commonwealth v. Fellon, 101 Mass., 204.) 120 REPORT OF THE COMPTROLLER OF THE CURRENCY. 1, UNDKK Ui\n I:I>,STATKS LAWS—Continued. (i) An indictment charging defendants wifli aiding and abetting a director in a willful misapplication of the money of an association must state facts to show that there \\I\H been such misapplication committed by the director. (United States v. Warner, U. S. C. C. (S. B. N. F.), Feb. 13, 188(3, 26, Fed. Rep., 616.) (j) Allowing the withdrawal of the deposit of one indebted to the association can not be charged as a misapplication of tlie money of the association. ( United States v. Brit ton, 108 U. S., 193.) (1c) It is not a willful misapplication of the moneys of the association within the meaning of section 5209, Revised Statutes, for a president who is insolvent to procure the discounting by the association of his note not well secured. (Ibid). (I) To constitute the offense of a willful misapplication of the moneys, funds, or credits of the association within section 5209, Revised Statutes, it is not necessary that the person charged with the offense should have been previously in the actual possession of such moneys, funds, and credits under or by virtue of any trust, duty, or employment committed to him . Nor is it necessary to the commission of this offense that the officer making the willful misapplication should derive any personal benefit therefrom. When the funds or assets of the bank are unlawfully taken from its possession, and afterward willfully misapplied by converting them to the use of any person other than the bank, with intent to injure and defraud, the offense as described in the statute is committed. ( United States v. Harper, 33 Fed. Rep., 471.) (m) This criminal act may be done directly and personally, or it may be done indirectly through the agency of another. If the officer charged with it has such control, direction, and power of management by virtue of his relation to the bank as to direct an application of its funds in such manner and under such circumstances as to constitute the offense of willful misapplication, and actually makes such direction or causes such misapplication to be made, he is equally as guilty as if it was done by his own hands. (Ibid.) (ti) Any entry on the books of the bank which is intentionally made to represent what is not true or what does not exist, with intent either to deceive its officers or defraud the association, is a false entry within the meaning of the statute. ( Unitei States v. Harper, supra.) (o) It may be made personally or by direction. (p) The erasure of figures already written in the books of a national bank and the substitution of other figures which falsify the state of the account constitute a "false entry" within the meaning of section 5209, Revised Statutes, by which it is declared to be a misdemeanor to make " any false entry in any book, report, or statement of the association with intent to injure or defraud," etc. ( United States v. Crecelius, 34 Fed. Bep., 30.) (q) Where false entries are made by a clerk at the direction of the president, the latter is a principal. (In the matter of Van Campen, supra; United States v. Fish, supra.) (r) Prior to the act of February 26, 1881, a notary public holding his commission under a State had no authority to administer the oath required by section 5211, Revised Statutes; and therefore a cashier who made oath before such notary to a false statement of the condition of his a sociation was not guilty of perjury. ( United States v. Curtis, 107 U. S.t 671.) (s) To constitute the offense of willful abstraction by an officer, denned by the statute, it is necessary that the money or funds of the association should be withdrawn by the officer or by his direction; that such taking or withdrawing should be without the knowledge or consent of the bank, or of its board of directors; that the money or funds so taken or withdrawn should be converted to the officer's own use, or for the benefit and advantage of some person other than the association, and that this should be done with intent to injure and defraud the association. (United States v. Harper, supra.) (t) A report of condition of a national bank, whether called for by the Comptroller of the Currency or not, which is a report in the usual form made by an officer of the bank in his official capacity, if it contains a false entry made with intent to deceive, is within Revised Statutes of the United States, section 5209, which discloses such false entries to be a misdemeanor. ( United States v. Hughitt, 45 Fed. Bep., 47.) REPORT OF THE COMPTROLLER OF TltE CURRENCY. 121 2. UNDER STATE LAWS: (a) An officer of a national banking association can not be punished under State laws for embezzling the funds of the association. (Commonwealth ex rel. Torrey v. Ketner, 92 Penn. Si , 372 ; Commonwealth v. Fellon, 10L Mass., 204.) (h) But where the offense committed by an officer is properly a larceny of the funds, and not an embezzlement, he may be indicted under a State law. (Commonwealth v. Barry, 116 Mass., 1.) (c) And an officer may be punished under State laws for making false entries in the books of the association with intent to defraud it. (Luberg v..Commonwealth,y4 Penn. St., 85.) (d) The officers of a national banking association may be prosecuted under State statutes for fraudulent conversion of the property of individuals deposited with, and in the custody of, the association. (Commonwealth v. Tenrtey, 97 i/ass.,50; State v. Fuller, 34 Conn., 280.) 3. TERM "UNITED STATES CURRENCY'7 IN PENAL STATUTES: The circulating notes of national banking associations are included in the phrase "United States currency" when used in a penal statute. {State v. Casting, 23 La. Ann., 1609.) 122 REPORT OF THE COMPTROLLER OF THE CURRENCY. I'MBEU OF BANKS ORGANIZED, IN L J Q I I D A I IO.\T, AND IN OPERATION, WITH THEIR CAPITAL, BONDS ON DEPOSIT, AND CIRCULATION ISSUED, IIKHKEMED, AND OUTSTANDING ON OCTOBER :>1, 1.H1U. Circulation. Banks. States and Territories. Capital U. S. bonds In In opOrgan- liqui- era- stock paid. on deposit. ized. dation. tion. Maine New Hampshire Vermont. Massachusetts.. Rhode Island ... Connecticut Eastern States.. New York New Jersey Pennsylvania... Delaware Maryland Dist. Columbia . 91 57 66 278 64 98 12 6 16 16 5 14 654 69 Middle States... 1,087 203 Virginia West Virginia.. North Carolina South Carolina . Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee 51 32 29 18 39 21 36 15 25 222 13 105 73 15 8 6 4 7 3 7 2 4 15 3 24 19 36 24 23 14 32 18 29 13 21 207 10 81 54 449 • 124 109 14 425 57 18 68 3 18 5 I Issued. Redeemed. Outstanding-.* $10. 972, 500 6, 305, 000 7, 210, 000 98, 265, 275 20, 277, 050 23, 274, 370 $3, 823, 900 2,912.000 2, 947, 500 20,168, 450 4, 396, 250 5, 948, 000 $38,276,800 25,155, 045 33, 408, 480 314,404, 055 66, 446, 825 88,131, 330 $33, 636. 830 22, 014^ 092 30, 671, 508 289, 274. 314 60, 969, 939 80, 965,815 $4, 639,970 3,140, 953 2, 736, 972 25,129, 741 5, 476, 886 7,165, 515 585 1166,304,195 40,196,100 565, 822, 535 517, 532, 498 48, 290, 037 85, 636, 060 14, 418, 350 72, 720, 390 2,133, 985 16, 766,145 2.^827,000 21, 982,450 4, 249, 500 17, 000, 050 740, 000 2, 511,000 900,000 291,749, 455 53,681,220 200, 518, 475 7, 474,195 39, 073, 610 5,736, 210 266,534,654 48, 769, 203 180, 471, 235 6, 594, 480 35, 595, 871 4, 949,256 25,214, 801 4,912, 017 20, 047, 240 879, 715 3, 477, 739 786, 954 884 194,501,930 50 262 59 84 325 95 368 18 65 13 47, 383, 000 598, 233,165 542, 914, 699 55, 318,466 4,556, 300 2, 511, 000 2, 726, 250 1, 623, 000 4, 381,380 1, 385, 000 4, 369, 000 1,165, 000 4, 435, 000 25, 762, 600 1,600,000 15, 317, 730 10,480, 000 1, 393, 750 728, 750 747, 750 468, 750 1,061,750 405, 000 1, 242, 000 353, 750 1, 052, 500 4,997, 300 310,000 3, 513, 000 1,514, 000 12, 879,110 7,865,010 6, 946, 740 5, 750, 735 8, 867, 480 743,620 6,018,180 753, 900 11,142, 870 10, 562, 350 1, 582,980 36, 000,825 12, 000, 520 11,430,733 7, 001,917 6,134, 869 5, 258, 648 7, 725, 674 406, 237 4, 788, 593 460, 633 9, 659,119 5, 974, 299 1, 265, 599 31,811, 845 10, 547, 561 1, 448, 377 863,093 811, 871 492, 087 1,141, 806 337, 383 1, 229, 587 293, 267 1, 483, 751 4, 588, 051 317, 381 4,188, 980 1, 452, 959 Southern States > 679 117 562 80, 312,260 17,788, 300 121,114,320 102, 465, 727 18, 648, 593 Missouri Ohio Indiana Illinois Michigan Wisconsin Iowa Minnesota North Dakota .. South Dakota... Kansas .Nebraska 117 326 162 275 165 109 207 89 40 51 209 161 34 89 62 72 59 35 56 25 7 7 60 21 83 237 100 203 106 74 151 64 33 44 149 140 25,125,000 44, 595, 700 12, 477, 000 37. 396, 000 15, 369, 600 7, 043, 000 13, 470, 000 14, 592, 000 2, 290. 000 2, 850, 300 13, 878, 990 13,703,700 2, 507, 800 9,417, 350 4, 073, 550 6,251,000 3, 043, 000 1, 869, 250 3, 333, 750 1, 764, 800 569, 000 749, 750 3,122, 250 2,956,250 18, 830, 855 104, 370, 380 53, 713, 425 54,311,485 29, 962, 000 14, 026, 360 24, 205, 880 13,195, 060 1,477, 700 1, 783,110 10, 319, 020 8, 544, 960 16, 257, 243 93, 499, 718 48, 776, 443 48,147, 794 26, 625,792 12,101, 645 20, 845, 997 11, 351, 615 948, 587 1, 096, 602 7,117, 851 5, 777, 239 2,573, 612 10, 870, 662 4, 936, 982 6,163, 691 3, 336. 208 1,924,715 3, 359, 883 1, 843, 445 529,113 686, 508 3,201,169 2, 767, 721 Western States. 1,384 202,791, 290 292,546, 526 42,193,709 1, 911 527 Nevada Oregon Colorado Idaho Montana Wyoming Washington California Utah New M e x i c o . . . Arizona Oklahoma Indian Ter 3 42 60 9 37 •12 69 44 16 13 6 3 3 1 1 11 1 r, Pacific S t a t e s and Territories 317 39 r. 8 3 1 3 39, 657, 750 334,740, 235 2 41 49 8 32 12 64 36 13 12 3 3 3 282, 000 4, 305, 000 8,640,000 575, 000 4, 621,5tfO 1, 390, 000 6, 655, 000 8,425,000 2, 750, 000 1,120, 000 200, 000 200,000 175, 000 70, 500 772, 300 1, 652,750 144,050 893, 350 312, 500 1, 570, 500 1,531,250 462, 500 365, 000 50, 500 50,000 50, 000 279,420 2, 243,240 5, 974, 390 563,370 2, 497, 570 766, 760 2,742; 600 4,748,150 1, 897, 380 1, 691, 880 138,660 48, 860 47, 800 278 39,338,500 7,925, 200 23, 640, 080 Add for mutilated notes Total currency bankvS Add gold banks United States.. 230. 954 48,466 1,4691 146 774, 094 4, 420, 498 1,553,892 430,863 132,507 1,681,063 816, 507 515, 745 251, 015 1,201,670 1, 540, 930 3, 254, 600 1,493,550 i,408,578 488, 802 1, 380, 927 310,953 85, 720 52,940 2,860 46, 000 3,300 44,500 16, 085, 924 7,554,156 62,760 i 4,648 1, 643, 550, 335 1, 471, 545, 374 172, 004, 961 3, 465, 240 3, 348, 403 116, 837 t955 13.693 683,248,175 152,950,350 1, 647, 015, 575 1,474,893,777 172,184,558 1 * Including $35,430,721, for which lawful money has been deposited with t h e Treasurer of t h e U n i t e d to retire an equal amount of circulation which has not been presented for redemption. forStates FRASER t O n e b a n k restored to solvency and resumed business, making total going b a n k s 3,694. Digitized ttEPORT OF THE COMPTROLLER OF THE CURRENCY. SUMMARY <>K TI \K S i A I I : AND OOXDITION OF KVKKY NATIONAL BANK DlTIMNO, TJIK YKAH, E N J > E I > SEI>P1 'KMHEK 25, IX[)\. 123. REROUTING I Dec. 10, .181)0. I<Y.|>.20, 181)1. M a y I, 18<H. J u l y 9, 1,S!»1. Sept, 25, 1891. | 3 , 5 7 3 bank s7 3,601 b a n k s . 3,033 b a n k s . 3,652 b a n k s . 3,677 b a n k s . RESOURCES. Loans and discounts l$1,915,105,829. 7- 1,914,242.645.27 $1,950,032,539. 34 $1,950,779,812..81 $1,989,354,239.89 12. 925,135 13, 411, 914. 53; 13, 213, 840. 33 " " " 2G| ' 10,108, 960. 04 j 17, 287, 376. 34. Overdrafts IT. S. bonds to secure 139,688,150.00 140,183, 450. 00 140, 498, 400. 00 142, 586, 400. 00 150,035,600.00 circulation U. S. bonds to secure 27, 858, 500. 00 20, 432, 500. 00 25,150,500. 27, 904, 500. 00 27, 954, 500. deposits 2, 075, 000. 00 4,439,450.00 4, 963, 650. 3,768, 850. U.S. bonds on hand 3, 466, 250. 00 Other stocks, bonds. 11.0,609,301.40 121, 099, 034. 59 122,333,707.06 122, 347, 244. 125,179, 076,40 etc Due from approved 160, 220, 682. 79 182, 645, 602. 94 180, 004, 721. 031 175, 591, 085. 193, 990, 323. 44 reserve agents Due from other na111, 573,147. 08 110, 850, 874. 53 112, 500, 098. tional banks 114, 471, 803. 70 115,196, 682. 26 Due from Statebanks 29, 471, 898.95 28, 434, 882.79 27,955, 862. 77 27, 742, 727. and bankers 28,172, 653. Banking house, fur06, 829, 054. 68 09, 628, 826. 33 60,152, 012. 75 niture, and fixtures 68, 718, 759. 68, Oil, 015. Other real estate and 12, 267, 501. mortgages owned. - 11,908,477.38 13, 641, 295. 75 13,200,731. 12, 863, 903. Curreut expen s e s 9, 879, 231. 42 13, 434, 642.44 4, 624, 889. and taxes paid 8, 396, 041. 93 11, 405,934.04 14, 351, 727. Premiums paid 14, " 960, 592.!. 48 14, 568, 7o(). 031 14, 491, 627. 05 14, 705, 700.70 Checks and other 15, 057, 481. 84: 13,349,234.661 17, 572, 282. 78; cash items 16, 073, 092. 13, 272, 545.10 Exchanges for clearI 88,818,299.11 ing house 0, 305, 873.21 77, 828,113. 56| 126,477, 559. 22| Clearing-house loan 122, 039, 882.10 13,395,249.00 certificates 610,000/00 120, 000. 00 Bills of other national 18, 832, 221. 00 19, 991,167. 00 19,076,085.00 20, 456, 257. 00| 21,418, 977. banks Fractional currency, 755, 021. 82 867, 462. 37 863,181. 864, 742. 88 830,198. 62 nickels, and cents. Specie, viz :* 77, 325, 784. 3o| 82, 050, 500.31 84, 464, 347. 24 87, 695,142. Gold coin 82, 891, 098. 98j Gold Treasury 60,173, 670.00 certificates '.... 82, 509, 980. 00| 83, 097, 909.00 75, 314,460.00| 63, 910, 310. Gold clearinghouse certificates 3, 030, 000. 00 6,706, 000. 00 7, 300, 000. 00 4, 913, 000.00 6, 424,000. 00 Silver coin—dol7, 229, 037. OO! 6, 348, 573. 00 7, 631,470.00 lars 8, 231,195. 00 7, 448, 417.00 Silver Treasury 15, 484, 038. 00 20, 409, 735.00 17, 397, 259. 00 19, 802, 695. 00 certificates 18, 272, 781. 00 Silver coin—frac4, 417, 506. 90 4, 818, 750. 67 5, 023, 920. 35 4, 950, 499. 51 4, 588, 654. 33 tional Legal-tender notes .. 82,177,126.00 89, 400, 399. 00 96, 375, 249. 00 100, 399, 811. 00 97,615,608.00 IJ. S. certificates of deposit for legal15, 720, 000. 00 5, 760, 000. 00 tender notes 11,655,000.00 11, 515, 000. 00J 18, 845, 000.00 Fiveper centred emption fund with 6,069,110.84 6,129, 840. 09 6,536,931.51 6,133, 544.12 Treasurer 0,158,960.87 Due from Treasurer other than redemp1, 093, 947. 04 1,155,473.05 _ ^ 4 5 7 ^ 8 0 7 . 8 5 tion fund 1,100, 310. 729, 226. 3: 3, 046, 938,_82_5.59 3; 065,002,152. _30_3, 901.17|3. 113,415,253.7913. ^ 1 ^ 0 8 0 , 271.02 Aggregate Total specie*.. 90, 063, 006. 20 201,240,3627 82 194,939, 41L31 190, 769, 537. 46 1837515; 075.'51 LIABILITIES. Capital stock paid in. 657, 877, 225. 00 662, 518, 459. 15 007, 787, 406.15 672, 903, 597.45 677, 426, 870. 25 214, 965, 633. 6' 222, 491, 983.46 227,199, 041,46 227, 576,485. 91 220, 515, 678. Surplus fund 70 Other u n d i v i d e d I l l , 772, 985. 42 87,448,472.14 103,284,673.73 101, 502, 654. 66 95, 972, 506. profits 90 National-bank circu50 123, 038, 785. 123,915, 643. 00 131, 323, 301. 50 123,112, 529. 123, 447, 633.00 lation outstanding. 00 State-bank circula74,118. 50 50 77, 328. ' 74,138. 50 74, 76, 700. 117. 50 50 tion outstanding .. 4, 645, 261. 20 1,338,745. 25 2,104, 185. 98 Dividends unpaid 1,453, 735. 58 1,167,262. 71 535, 058, 568. 73 1 70(1. Individual deposits . 1, 485, 095, 855. , 483, 450, 033. 17i , 575, 506, 099.18 1. , 588, 318, 081.37 21,523,185.64 36 24,923,462. 24 24,411, 606.10 II. S. deposits 15,700, 672.40 Deposits of U. S. dis- 24, 922, 263. 4, 387,991.08 43 4, 323, 333. 50, 4, 781, 045. 75 bursing officers.... 4, 566, 660. 33 Due to other national 4, 456,472. 32: 280, 514,008. 37 277, 560, 322.78 270, 744,474. 60 banks 288, 576, 703. 96 Due to State banks 253, 082,126. 50 142, 324, 866. 94 142,455, 768.77 137,727,372.05 and bankers 142,018,070.06 Notes and bills re- 121, 438, 255. 19,719, 695.08 16, 604, '35.21 17, 330, 630. 55 discounted 21, 981,952. 56 25, 598, 405. 72 8, 067, 812. 86 7,456, 781. 57 Bills payable 8,482, 342. 63 10, 778, 944. 87 11, 501, 225. 76 Clearing-house loan 285, 000.00 11,945, 000. 00' 1,144,416.46| certificates 3,046, 938, 825. 59 3.065, 002,152.30|3,167, 494,901.17J3, 113,415,253. 79 3, 213,080, 271.02 Aggregate 124 REPOKT OF THE COMPTROLLER OF THE CURRENCY. CltMl'AlIATIVH S'lA'J K M K N ' I S <>K T H E N A T I O N A L I»AI\KS F o K Fol.TJiTKKN YKAKS. Oct. 3, ' Oct. 2, 1804. 1805. Oct. 1, 18(50. Oct. 7, 1867. Oct. r>, 1868. Oct. 9, 1869. Oct. 8, 1870. 508 banks. 1, 644 banks. 1,642 banks. 1,643 j 1, 617 banks. banks. 1,648 banks. 1, 513 banks. RESOURCES. Loans 33onds for circulation Other United States bonds Stock, bonds, etc Due from banks lieal estate Specie Legal -tender notes National-bank notes Clearing-house exchanges United "States certificates of deposit Due from United States Treasurer.. Other resources Total. Millions. Millions Millions. Millions. Alillions. Millions Millions. 93.2 ! 487.2 603. 3 682.9 609.7 657. 7 715.9 3.395 ( 331.8 340. 5 340. 9 338.6 108.1 74.1 44.6 37.7 427.7 < 95.0 80.3 20.7 23.6 ( 15.9 21.5 22.2 34.0 107. 3 110.1 122.9 100. 8 103. 6 109.4 2.2 14.7 22.7 25.2 17.1 27. 5 20.6 13.1 23.0 18.5 18.1 9.2 12.8 44.8 129. 6 190.0 156.1 202.8 157.4 122.7 4.7 11.8 10.2 10.8 17.4 12.5 11.8 72.3 108.8 143.2 79.1 103,7 134.6 10.1 26.3 7.9 8.6 297.1 1,359.8 1, 527.0 1, 499. 5 393.2 38.7 32.4 171.3 549.1 174.2 415.5 53.3 32.6 290.0 598.0 137.5 .1 420.1 66.7 33.8 297.9 568.2 112.8 420.6 78.0 36.1 298.7 603.1 123.1 426.4 86.2 40.7 296.0 523.0 118.9 6.0 430.4 94.1 38.6 293. 9 512.8 130.0 10.9 1,359.8 1,527.0 1,499.5 1, 559. 6 1,497. 2 1, 510. 7 Oct. 3, 1872. Sept. 12, 1873. Oct. 2, 1874. Oct. 1, 1875. Oct. 2, 1876. Oct. 1. 1877. 1, 919 banks. 1,976 banks. 2,004 banks. 2,087 banks. 2,089 banks. banks. 9.6 j 9.8 1,559.6 1 1,497.2 22.9 1, 510.7 LIABILITIES. Capital stock Surplus fund' Undivided profits Circulation outstanding. Due to depositors Due to banks Other liabilities Total. 86. 2. 6. 45. 122. 297.1 RESOURCES. Loans Bonds for circulation Other United States bonds Stocks, bonds, etc Due from banks lieal estate Specie Legal-tender notes National-bank notes Clearing-house exchanges United States certificates of deposit. Due from United States Treasurer.. Other resources Total. Millions. Millions Millions, 831. 6 8,27.2 944.2 364.5 38*2.0 288.3 45.8 27 6 23.6 24.5 23.5 23.7 143.2 128.2 149,5 30.1 32.3 34.7 13.2 10.2 19.9 107.0 102.1 92.4 14.3 16.1 15.8 115. 2 125.0 100.3 6.7 20.6 Millions, Millions. 41.2 25.2 17.3 954.4 383.3 28.0 27.8 134. 8 38.1 21.2 80.0 18.5 109.7 42.8 20.3 18.3 984.7 370.3 28.1 33.5 144.7 42.4 8.1 76.5 18.5 87.9 48.8 19.6 19.1 1, 730. 6 1, 755. 8 1, 830. 6 1, 877. 2 1, 882. 2 458.3 101.1 42.0 317.4 631.4 171.9 8.5 479.6 110.3 46.6 335.1 628.9 143.8 11.5 491.0 120.3 54.5 340.3 640.0 173.0 11.5 493.8 129.0 51.5 334.2 683. 8 175.8 9.1 504.8 134. 4 53. 0 319.1 679.4 179.7 11.8 1,730.6 1,755.8 1,830.6 1,877.2 1, 882.2 2,080 Millions. Millions. 931.3 891.9 337. 2 336.8 47.8 45.0 34.4 34.5 146.9 129.9 43.1 45.2 21.4 22.7 84.2 66.9 15.9 15.6 74.5 100.0 33.4 29.2 16.0 16.7 28.7 19.1 1, 827. 2 1, 741.1 LIABILITIES. Capital stock Surplus fund , Undivided profits Circulation outstanding. Due to depositors Due to banks Other liabilities Total. 499. 132. 46. 292. 666. 179. 10. 1, 827.2 479.5 122. 8 44. 5 291.9 630.4 161.6 10.4 1,741.1 REPORT OF THE COMPTROLLER OF THE CURRENCY. .125 STATEMENT SHOWING THE AMOUNT OF AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH FROM JANUARY 1, 1870, TO NOVEMBER 1, 1891, THE AMOUNT OF UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATION, THE AMOUNT OF CIRCULATION SECURED BY THE BONDS ON DEPOSIT, THE AMOUNT OF LAWFUL MONEY TO REDEEM CIRCULATION, AND THE TOTAL AMOUNT OF NATIONAL-BANK NOTES OUTSTANDING, INCLUDING* NOTES OF NATIONAL GOLD BANKS. Date. TJ. S- bonds Circulation Authorized on deposit to secured by capital stock. secure circuU. S. bonds. lation. Lawful Total money on deposit to national-bank notes outredeem cirstanding. culation. 1870. January February March April May June July August September October November December 1871. January February March April May June July August September October November December 1872. January February March April May June J«iy-v August September October November December 1873. January February March April May Juno July August September October November December $434, 380, 711 $342,490, 550 $299, 904, 029 434,155, 711 342,330, 350 299, 932, 757 434,455, 711 342, 393, 350 299, 838, 948 435, 010, 711 342,311, 650 299, 804, 018 436, 060, 711 342, 251, 350 299, 784, 654 436, 020, 71] 342, 297, 750 299, 758, 054 436, 280, 011 342, 278, 550 299, 766, 984 437,100, 011 341,909,050 299, 834, 717 438, 495, 011 342, 647, 300 300, 230, 322 437, 383, 311 342,833, 850 301,000,792 439,446, 311 344, 745, 550 302, 607, 942 442,340, 411 345, 266, 550 304, 668, 572 $991, 488 1,142, 321 1, 068, 012 1,113, 012 1, 071, 633 1, 071, 633 1,071, 633 1,197, 555 1, 504, 720 2, 737,980 3, 082, 520 3,206, 848 $300, 895, 517 301, 075,078 300, 906, 960 300, 917,030 300, 856, 287 300, 829, 687 300, 838, 617 301,032, 272 301, 735, 042 303, 738, 772 305, (590, 462 307, 875, 420 444, 590, 411 448. 774, 311 451,487, 811 452, 565, 811 453, 715, 801 457,463, 651 458, 448, 651 461,107, 651 463, 617, 976 465, 603, 976 466, 578, 976 468,173,976 346, 297, 700 349, 726, 300 352, 835, 000 354, 259, 350 355, 987, 500 358, 362, 750 359, 885, 550 361, 922, 550 363, 971, 000 366, 094, 350 367,114,450 368, 680, 300 306, 307, 762 308, 488, 372 310, 665, 932 314,003, 492 315, 654, 761 317, 563,171 318, 261, 241 320, 248, 271 322, 484, 071 323,762, 276 325, 330, 656 326, 700, 426 3, 309,548 3, 009, 548 3,096, 048 3, 096, 048 2, 943, 427 2, 277,109 2, 727,109 2, 727,109 2,749,709 2, 455, 209 2,521,209 2, 838, 734 309, 617, 220 311,497,920 313,761,980 317, 099, 540 318, 598,188 320, 840, 280 320, 988, 350 322, 975, 380 325, 233,780 326, 217, 485 327,851,865 329, 599,160 469, 408, 976 470, 457, 651 471, 822, 651 472, 656, 351 475,458, 651 477, 012, 051 479, 852, 051 482, 906, 851 484, 223, 351 486,106, 851 487,136, 851 487, 699, 551 370, 240, 500 371, 558, 900 373, 764, 450 374, 637, 450 376, 732, 950 378,341, 200 380, 440, 700 382, 552, 200 381, 918, 200 383,977, 200 384, 968, 900 385, 951,400 328,465,431 330, 253, 559 332, 094, 399 333, 556, 529 334, 521, 855 335, 644, 365 337, 664, 795 339, 094, 675 340. 649, 960 342, 227. 690 343,112, 772 344, 097,112 2, 976,154 3, 934, 020 4, 205, 720 4,199,113 3, 566, 059 3,288, 259 3, 239,159 3,174, 359 2, 970, 694 3,105, 564 2, 508, 986 2,404. 876 331,441,585 334,187, 579 336, 300,119 337, 755, 642 338, 087, 914 338, 932, 624 340, 903, 954 342, 269, 034 343, 620, 654 345, 328, 254 345, 621, 758 346. 501, 988 487, 781, 551 489, 380, 851 490,486,151 492, 898, 951 494,428, 951 496, 480, 951 496,496, 501 497, 921, 501 498, 801, 501 499, 111, 501 499,232, 701 499, 533, 401 386, 355, 300 386, 640, 800 387, 415,100 388, 218, 350 388,983, 800 389, 775, 000 390, 410, 550 390, 855, 250 391,618,450 392, 616, 000 392, 852,100 393, 215,900 344,582,812 345, 358, 892 345, 507, 312 346,164, 392 346, 834, 666 347,185, 711 347,267, 061 347, 862, 361 348,715, 421 350,173, 226 350,412,046 350,092,966 2,484, 086 2, 892,141 2, 651, 951 2, 579,189 2, 641, 964 2, 300,703 1, 917, 603 2,104,498 2,104,498 2, 350,896 2,009,096 1,928, 796 347, 066,898 348. 251, 033 348,159, 263 348, 743, 581 349, 476, 630 349, 486,414 349,184, 664 349, 966, 859 350, 819, 919 352, 524,122 352, 421,142 352, 621',' 762 499, 003, 401 498, 032, 201 498,150, 901 497, 505, 901 497, 020, 901 497, 657,401 498, 777, 401 500, 347,401 500, 706,401 502,181,401 502, 931, 401 503, 301,401 393, 000,900 392, 644, 300 392, 506, 950 392,809,200 392,937,100 392, 863, 000 391,171, 200 388,566,100 385, 889, ] 00 385, 649,150 385,421, 750 385,378,250 348, 624,953 348,255,299 348,203,489 348, 505,184 348,323, 390 348, 290, 340 347,182, 820 344, 851, 526 342, 310, 386 342, 270, 676 342, 367, 844 342, 685,175 2, 223, 283 2, 776, 278 3, 081, 323 3,120, 623 3, 360, 932 3, 560,162 4, 798, 212 7, 867, 254 11, 057, 679 11, 707, 870 11, 709,402 12,021,071 350, 848, 236 351, 031, 577 351, 284, 812 351, 625,807 351, 684, 322 351, 850, 502 351, 981,032 352,718,780 353, 368, 065 353,978. 546 354, 077, 246 354,706,246 1874. January February. March April May June July August September October November December 126 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING THE AMOUNT OF AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH, ETC.—Continued. IT. S. bonds Authorized on deposit To capital stock. secure circulation. Date. Circulation secured by U. S. bonds. Lawful money on deposit t o redeem circulation. Total lational-bank notes outstanding. 1875. January February March April May June July August September October November December : $385, 128, 384, 174, 382, 076, 380, 661, 379, 506, 379, 126, 376, 314, 374, 894, 373, 956, 371, 489, 367, 549. 365, 836' $503, 347, 503, 407. 503, 858, 505, 763, 506, 103, 508, 531, 509, 386, 510, 706, 510. 903, 511, 084, 511, 613, 510, 686, $342, 341, 338. 337, 336, 336, 334, 333, 333, 331, 327. 326. $11, 794, 413 13,152,121 15,300.850 17,593,099 18, 349, 762 18, 344, 941 19. 709, 667 19,440,077 18, 535, 727 19, 300,112 20, 638, 642 21, 095,102 $354,128, 250 354, 273, 370 354, 249, 344 355, 448, 578 355, 047, 593 354, 455, 473 354, 408, 008 353,118,688 351, 859, 952 350,539,582 348, 2iO, 9O'> 347, 820, 830 1876. January February March April May June July August September October November December 511,155,865 510, 619, 965 510,189,171 509,701,671 507,881,671 506*013, 371 506.008, 371 505, 226,171 504.971.171 504, 027,171 502, 752, 171 502, 652,171 363,601, 361, 430, 356, 732, 350, 216, 346,715, 344, 463, 341, 394, 340,071, 338, 673, 337, 955, 337, 727, 338,261, 324,484, 539 321, 3l9, 645 318. 413, 293 312, 850, 786 310, 084, 721 307, 912, 468 305, 417,013 303, 756, 276 302,847, 886 301,819,811 301, 658, 372 301, 844, 917 21,995,217 22, 648, 884 24, 405, 780 27, 627, 308 28, 755,191 28, 753. 462 27,581,323 25, 982, 339 23, 087, 016 22, 532, 933 21, 582, 936 20,114,674 346, 479, 756 343, 968, 529 342, 819, 073 340, 478, 094 338, 839, 912 336, 665, 930 332,998, 336 329,738,615 325,934,902 324, 352, 744 323,241, 308 321, 959, 591 501, 392, 497, 335, 496, 770, 494, 783, 493,821, 493, 126, 487. 868, 487, 221, 486, 605, 486, 449, 48G, 677. 486, 742. 338,191, 300 ! 302, 020, 242 338, 885,450 302, 201,132 338, 866,550 302, 416, 700 340, 537,600 303 523 ^ 5 340, 732,100 301' 407^450 340, 415,100 304, 766, 940 338, 713,600 303,108, 350 337, 761,600 302,239, 212 302, 440,152 337, 684,650 302, 885, 797 338, 002,450 343, 048,900 305, 094,140 345,130, 550 308, 642, 795 19, 575, 364 18,160, 486 16, 728, 336 16,146, 3(53 15, 586,137 14, 329, 272 13, 940, 522 14, 420, 74b 14, 246, 546 14, 438, 272 13,113,091 11, 988, 924 321, 595, 606 320.361,618 319,145, 036 319, 669, 588 319, 793, 587 4519,096,212 317, 048, 872 316,665,958 316, 686, 698 317, 324, 069 318, 207, 231 320, 631, 719 309, 890, 415 310,240,005 310, 301. 472 310,008,832 310, 826, 422 312, 435, 462 313, 020, 832 312, 995, 592 313,154, 792 3 L3, 159, 592 312, 830, 797 313, 355, 839 11, 782, 090 11, 839, 305 11, 688, 519 12,184, 682 12, 315, 257 11, 552, 623 11, 493, 452 10, 910, 967 10, 294, 370 9, 988,127 9, 629, 918 9, 935, 217 321, 672, 505 322, 079, 310 321,989,991 322,193, 514 323,141,679 323, 988, 085 324, 514, 284 323, 906, 559 323, 449,162 323,147, 719 322, 460, 715 323, 291, 056 1877. January February March..' April May June July August September October November December 1878. 485, 484, 482, 482, 481, 480, 479. 477. 477, 476. January February March April May June July August September October November December 473, 346, 771 346, 371 346, 071 671 346, 347, 671 349, 571 996 349, 996 348, 296 349, 396 | 349, 396 349, 396 349, 550 050 550 250 850 450 400 900 450 650 900 000 1879. January... February.. March April May June July August SeptemberOctober . . . November. December . 471, 609, 396 469, 995, 856 467, 778, 606 465, 890, 006 464, 608, 206 463, 223,515 462, 843, 515 462,822. 515 462, 567, 515 463,117, 515 462,392,515 461, 842, 515 349, 068, 000 348,939, 200 350, 690, 400 351,196,400 352, 250,550 353, 422, 300 354, 254, 600 353, 201, 800 355, 638,950 359,030,500 363, 802, 400 365,194, 900 313,218,189 312, 725, 809 313,691,639 314,244, 779 315, 628, 352 316, 335, 949 317,315,679 316.412, 560 317,534,289 320, 868, 979 324, 054, 279 326, 684, 059 10, 573,485 11,673, 960 12, 354, 531 12, 882, 417 13, 516, 558 13,203,462 12, 376, 018 13, 545, 677 13,258,698 13,403,261 13,127,139 13, 381, 719 023, 791, 674 324, 399, 769 326, 046,170 327,127,196 329,144, 910 329,539, 411 329, 691, 697 329, 958, 237 330, 792,987 334, 272, 240 337,181, 418 340, 065, 778 461,557,515 461,715,515 462, 407, 585 464,177, 585 464, 507,585 4U4,915,185 367,021, 364, 765, 362,728, 363,656, 363, 003, 362, 715, 328,773, 639 326, 785, 599 325, 032, 790 325, 425, 390 325, 519, 740 325, 301, 700 13,613,697 16,945,310 18,604, 197 18, 959, 687 19,410,910 19,882,033 342, 387, 336 343, 730, 907 343, 636, 989 344, 385, 077 344, 930, 650 345,183,733 1880. January February March. April May June 000 900 050 050 650 050 REPORT OF THE COMPTROLLER OF THE CURRENCY. 127 STATEMENT SHOWING THE AMOUNT OF AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH, ETC.—Continued. Date. July August September October . . . November. December . 1880. " TJ. S. bonds Authorized on deposit to ;apital stock. secure circulation. $465, 205,185 465,915,185 466, 267, 285 466, 245, 085 466, 590, 085 467, 639, 085 Circulation secured by U. iS. bonds. Lawful Total money on deposit to national-bank notes outredeem cirstanding. culation. $361, 652, 050 $324, 242, 730 $20, 262, 697 $344, 505, 427 361,152, 050 323, 886, 720 20, 266, 967 344,153, 687 361.113, 450 323, 903,330 344,056, 778 20,153,448 359, 935, 450 323, 056. 530 20,848,363 343,904, 893 359,748, 950 322, 798,130 343, 834,107 21, 035, 977 359,808, 550 322, 206,550 21, 500, 091 343, 706, 641 1881. January February March.... April May June July August September October . November December 467, 039, 084 466,981, 785 466, 640,185 466, 890,185 467, 542, 685 468,557, 685 469, 382, 685 470, 322, 685 471,282, 935 472,565,935 466, 307, 335 467,907, 335 359,823, 550 359,811, 050 345,739, 050 351,480, 000 354,683, 000 358, 829. 900 360, 488, 400 362,684,000 364, 285, 500 365,751,500 369, 608, 500 371,336,100 322, 832,101 322, 654,721 305, 587, 202 309, 034, 317 316,226,247 318, 497, 814 321,148,399 323,478, 586 325, 324, 746 326,513, 546 329,180,122 331,729,532 21,523,102 21,895,977 38,447, 716 38, 538,105 36, 374, 320 35, 653, 904 33, 894, 276 33, 846, 027 32, 675,940 32, 237, 394 31,164,128 30, 438,878 344, 355, 203 344, 550, 698 344, 034, 918 347, 572, 422 352, 600, 567 354,151, 718 355, 042, 675 357, 324, 613 358, 000, 686 358, 750, 940 360, 344, 250 362,168, 410 470, 018,135 472, 303,135 473, 866, 240 475. 411, 240 478, 013, 940 482,954, 940 486,511,335 487, 803, 635 187, 538, 635 489, 741, 635 491,591,635 493,176, 635 371, 692,100 332,398,922 371, 270, 200 331, 682, 622 370, 602, 700 331,230, 311 369, 900, 700 331, 242, 702 366, 359, 650 327, 729, 622 364,079, 350 323,919, 522 361, 212, 700 320, 312, 832 362,736, 500 319, 805,161 361, 452, 350 320,769,739 362,043, 250 323,487, 353 362,505, 650 324, 304, 343 362,174,250 323, 820,480 30,023,066 30,913,792 30, 713, 969 30, 383, 935 33,340, 677 35,955, 812 38,429,202 39, 017, 621 39, 745,163 39,401, 781 38,423, 404 38, 723, 848 362,421, 988 362, 596, 414 361, 944, 280 361, 626,637 361,070, 299 359, 875,334 358,742, 034 358, 822, 782 360, 514, 902 362, 889,134 362,727, 747 362, 544,328 492. 076, 635 494,199, 635 498, 262,135 498, 017,135 500, 269,135 505, 379,135 507,208,135 510, 283,135 513, 543,135 360, 531, 650 359,567, 450 358,163, 800 357, 201, 400 357, 339,750 356, 588, 600 356, 596, 500 357, 298,500 355, 674,150 353, 308, 650 352, 877, 300 351,174,600 322, 386,120 321, 626, 353 320, 235, 601 319, 849, 816 319, 899, 521 319,013, 856 319,249,806 319,461,846 318, 367, 216 316,278, 066 316, 020, 326 314,573,106 40, 265, 049 40, 540, 877 41, 084, 788 39, 945, 249 39,368, 605 39,150. 326 37, 565, 704 36, 310, 284 36, 222, 005 37, 064, 605 35, 993, 461 36, 385, 055 362, 651,169 362,167, 230 361, 320, 389 359,795, 065 359, 268,126 358,164.182 356,815,510 355,772,130 354,589, 221 353, 342, 671 352, 013, 787 350, 958,161 j 532,554,165 531,875,165 347,538,200 343,475, 550 341,533,050 339,116,150 337,618, 650 336, 257,150 334,147, 850 332, 588, 600 331, 371,100 329,186,000 325,316, 300 320,244,700 310,953,321 307,828,001 306,100,465 303, 699, 075 302, 533,855 301,238, 845 299, 369, 370 297,983,165 297,136, 455 295, 375, 959 291,849, 659 287,277,980 39,529, 507 41,671,892 40, 532, 837 41, 015, 561 40, 571, 613 39,768, 855 40,130, 513 39, 913, 971 39,495, 690 40,453, 269 41,710,163 44, 235, 274 350, 482,828 349, 499, 893 346, 633, 302 344,714, 636 343,105,468 341, 007, 700 339,499, 833 337, 897,136 336,632,145 335,829,228 333,559, 813 331, 513, 254 529,910, I 530, 380, | 530, 590, 531,151, 531,241, 530,830, i 531, 540. 532, 328, 532,749, 532, 034, | 532, 877, [ 533,447, 318, 655, 050 285,496, 055 317,282, 600 284,127,895 315,854, 500 282, 772,315 315,386, 850 282,336, 725 315,127, 450 282,434, 075 313, 428, 700 280, 831,610 312,145. 200 279,528,175 310, 225,150 -277, 826, 775 309, 768, 050 277, 371, 525 309,074, 550 277,149, 661 308,364, 550 276,304,189 307,544,250 275,821, 779 43, 662,568 42, 784, 663 41, 888, 596 39,881,941 38,468,630 38,032, 217 39,541,757 39, 503, 567 39, 613, 802 40,274, 772 39,542, 979 41,704,029 329,158, 623 326, 912,558 324, 660, 911 322,218, 666 320,902, 705 318, 863, 827 319, 069, 932 317, 330, 342 316,985,327 317, 424, 433 315,847,168 317, 525, 808 1882. January February March April May June July August September October November December *. 1883. January February March April May June July August September October November December 515, 528,135 516, 608,135 516, 348,135 1884. 518, 031,135 517, 380,635 519,104,635 521, 573, 635 523, 348, 635 *9.5, 992,16C 528, 784,165 530,784,165 532, 274,165 532, 749,165- January February.. March April May June July August September. October November December 1885. January February March April, May. June July August September October November December 128 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING- THE AMOUNT OK AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH, ETC.—Continued. Date. Authorized apitul stock. U. S bonds on deposit to secure circulation. Lawful Total Circulation money on national-bank secured by deposit to notes outU. S. bonds. redeem cir- standing. culation. 1886. January.. February March..' April May June July August September*. October November... December . . $534, 378, 265 $306, 008, 750 $274, 466, 748 535, 308, 265 302,257,000 271,065,593 537, 896, 965 296, 780, 400 266,047,488 538,652, 065 289,729, 650 259,405, 300 285, 447, 950 255, 322, 541 540,414,565 543, 669, 565 270, 537, 400 250, 257, 632 545,206,565 275,974, 800 247, 087, 961 549, 542,565 273, 549, 800 244,675, 012 550, 252, 565 270, 524,150 242,168, 247 553, 002, 565 261,848. 900 234, 682, 736 552, 775,165 245,444, 050 219,710,656 553,855,165 234,991,800 210,525, 601 $42, 976, 706 46,951, 839 52, 049, 017 56, 826, 227 58,555, 047 61, 580, 662 61, 922, 499 62,151, 745 62, 505, 757 68,828,505 81, 819, 233 88,781,909 $317, 443, 454 318, 017, 432 318, 096, 505 316,231,527 813,877, 588 311, 838, 294 309, 010, 460 306, 826, 757 304,674,004 303,511,241 301,529, 889 299,307, 510 1887. January February... March April May June July August September . October November.. December . . 555, 865,165 557, 684,165 559,986, 665 561, 321, 665 564,346,665 571, 583, 665 574, 703, 665 578, 826, 215 581 046,215 582,683,715 583,188, 715 584, 203,715 229,438, 350 223, 926, 650 213,639,150 206, 938, 000 202.446, 550 200'939,100 191, 966,700 189,445,800 190, 096,950 189,917,100 188,828, 000 187,147, 000 205, 316,106 200, 268, 346 191,004,726 185, 009, 551 181,026,016 179, 309, 020 171, 629, 341 169,303,430 169, 951, 385 169,931, 680 169, 215, 067 167, 863, 819 91,455,875 92, 806, 395 98,039,485 102,114, 704 103,979,299 103, 051, 871 107, 588, 447 107,150,847 104,313,124 102,962,170 102, 826,136 102, 019,176 296, 771, 981 293, 074, 741 289,044, 211 287,124, 255 285, 005, 315 282, 360,891 279, 217, 788 276, 454, 277 274,264, 509 272,893, 850 272, 041, 203 269, 882,995 January February... March..'.... April May June July . . . . . . . . August September . October November.. December . . 584, 726, 915 586.505, 915 588; 785,915 589,637.915 591,43f, 915 592,467,915 592,852,915 594, 631,915 595, 313, 915 596, 041, 015 596, 796,015 597,457, 315 184,444,950 182, 764,950 182,161,700 181, 863, 700 182,033,450 180, 005,150 178,312, 650 177,438, 800 176,508, 850 173, 280, 250 170,003,350 166, 796, 550 165,205, 724 163, 833, 205 163,235, 505 162, 743,135 162,891, 912 161,134,338 159, 642, 657 158,874,203 158,133, 712 155, 365, 068 152,366,328 149,487, 373 103,193,154 102, 024, 952 99, 492,361 97, 427, 882 95, 692,133 94,675,310 92, 719, 664 90, 758,447 88, 294, 850 88, 236, 639 87,018,909 86,955, 794 268, 398, 878 265, 858,157 262, 727, 866 260,171,017 258, 584, 045 255,809,648 252, 362, 321 249, 632, 650 246,428, 562 243, 601, 707 239, 385, 237 236,443,167 508,239,065 163,480,900 5!)9. 709, 365 160,463,950 0)0, 684, 365 157,485, 700 602,404, 365 154,590,150 603, 264, 365 151,522,350 607,390,365 149, 829, 850 609,670, 365 148,121,450 612, 535,365 147, 758, 450 614,925,365 148,150, 700 617,844, 365 147,037, 200 620,174, 365 145,668,150 621, 959,365 144, 709, 250 146,372, 588 143,580,313 140,874,515 138,193,798 135,375,463 133, 769, 313 132, 244,437 131, 890, 777 132,101,128 131, 225,172 130, 207, 285 129,388,116 87,287,439 85, 688, 716 83, 520, 212 83,032,333 83, 320, 725 81, 753, 704 79,134,526 76,273, 662 73,701,013 72,437, 560 71,816,130 70,258,081 233, 660, 027 229, 269, 029 224, 394, 727 221, 226,131 218, 696,188 215, 523, 017 211, 378,963 208,164,439 205, 802,141 203, 662, 732 202, 023,415 199,646,197 623,791,365 630,003,865 632, 757, 865 637,.372,865 638, 932, 865 644, 587, 865 646,937,865 651,367, 865 652, 852, 865 655, 002, 865 659, 782, 865 662, 947,865 142, 849, 900 142, 266,750 143,197, 000 143,900,750 144,216,150 144, 658,650 145,228,300 145, 434, 750 143,102, 350 140,428, 600 140,190, 900 140,427,400 127, 742,440 126,747,030 127,410,251 128, 046, 801 128, 920, 916 128, 976, 526 129,767,150 129, 854, 561 127, 825, 431 125,430,316 124,958, 736 125,253,195 69,487,965 67, 895, 259 64, 857, 292 62, 480,331 60,665, 663 58, 573, 322 56, 203, 625 54, 537, 072 55,455,037 56,440,709 54, 796,907 53,315,181 197, 230,405 194, 642, 289 192, 267, 543 190, 527,132 189, 586,579 187, 549, 848 185,970, 775 184,391, 633 183, 280,468 181, 871,025 179, 755, 643 178, 568,376 665,267, 865 606,977, 865 669,007, 865 671, 477, 865 672,107,865 673, 422, 865 676,247,865 681,742,865 683,125, 865 684,660, 8(55 684,755,865 140,510,650 140,720,700 140, 790,200 141,036,150 140,949,900 141, 310,150 125,660, 361 125, 859, 360 125, 957, 235 126,054,415 125, 970, 955 120, 267, 575 127,221,301 129,708,040 133, 790, 690 135, 093,378 136,753,837 51, 627, 485 49, 762, 379 47,706,139 45, 750, 649 44,448, 421 42, 909, 884 40, 706, 1.83 38,835, 019 37, 543, 649 36,842,328 35,430,721 177, 287, 846 175,621, 739 173,663,374 171, 805, 064 170,419,376 160, 237, 459 167,027,574 168,543,059 171, 334, 339 171,935, 706 172,184,558 1889. January February.. March April May June J»iy August September. October November.. December . 1890. January February.. March April May June July August — September October November. December . 1891. January.. February March..' April May June July August September... October Digitized forNovember... FRASER 142, 508,900 146,089,650 149, 839, 200 151,229,100 162,950,350 REPORT OF THE COMPTROLLER OF THE CURRENCY. 129 CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS. Banks existing October 31,1890. States and Territories. No. Capital. Maine New Hampshire ... Vermont Massachusetts Rhode Island Connecticut 78 $11,010, 000 51 6, 230,000 51 7, 360,000 260 96,967,500 59 20,184,050 84 23,774,370 Division No. 1.. New York New Jersey Pennsylvania Division No. 2.. Bonds. B a n k s organized d u r i n g year ended October 31,1891. Circulation. N o . $4, 043, 000 2,963,250 2,843,000 17,453,150 3, 501, 250 5,165,500 $3, 638, 700 2, 666,925 2, 558, 700 15, 707, 835 3,151,125 4, 648,950 583 165,525, 920 35,969,150 32,372,235 319 95 354 85,136. 060 14, 358, 350 70, 715, 390 19,331,950 4, 220,000 15, 294, 800 17, 398,755 3, 798, 000 13, 765, 320 768 170,209, 800 Capital. Bonds. Circulation. 2 1 $125, 000 50, 000 $31,250 12,500 $28,125 11, 250 3 350, 000 162, 500 146, 250 6 525,000 206,250 185, 625 10 1 17 2,200,000 50, 000 1,050, 000 300, 000 12, 500 275,000 270,000 11, 250 247, 500 38,846, 750 34, 962, 075 28 3, 300,000 587,500 528, 750 18 59 12 32 21 2.133, 985 15!674, 960 2, 627, 000 4, 246, 300 2,176, 000 765 000 2,108, 500 850,000 1,111,250 607, 500 688,500 1,897, 650 765, 000 1, 000,125 546, 750 6 1 5 3 1,150,000 200, 000 400, 000 285, 000 187, 500 50. 000 100, 000 71, 250 168, 750 45,000 90, 000 64,125 Division No. 3.. 142 26, 858, 245 5, 442,250 4,898,025 15 2,035,000 408, 750 367, 875 North Carolina South Carolina , . . . Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee 21 16 31 15 30 12 19 194 9 76 52 2, 676, 000 1, 798, 000 3,981, 000 1,150, 000 4,329, 000 1,140, 000 4,335,000 22, 407, 800 1,550, 000 15, 004, 400 9,955, 000 769, 750 437,250 930, 500 342, 500 1,229, 500 341, 250 1, 027, 500 4, 631,050 297, 500 3,269, 250 1,407,750 692, 775 393, 525 837,450 308, 250 1,106, 550 307,125 924, 750 4,167,945 267, 750 2, 942, 325 1, 266, 975 3 150,000 37, 500 33, 750 2 \ 1 2 17 1 6 3 300, 000 200,000 50, 000 50,000 100, 000 1,510,000 50,000 415, 000 450, 000 62,500 50, 000 12, 500 12,500 25,000 290,000 12,500 103, 750 87, 500 56, 250 45, 000 11,250 11,250 22, 500 261, 000 11, 250 93, 375 78, 750 Delaware Maryland Dist. Columbia Virginia West Virginia Division No. 4'.. 475 Ohio Indiana Illinois Michigan Wisconsin Division No. 5.. Iowa Minnesota Missouri Kansas Nebraska Division No. 6.. Colorado Nevada California Oregon Arizona 68,326, 200 14, 683, 800 13, 215, 420 40 3,275, 000 693,750 624,375 43, 094, 000 12,652, 000 31, 641, 000 15,739, 600 6, 760, 000 9,411,350 4,161, 050 5,859, 500 3,113, 500 1, 676, 750 8,47Q, 215 3.744, 945 5, 273,550 2, 802,150 1, 509, 075 5 1 11 2 6 650, 000 100, 000 2,830,000 150, 000 450,000 137,500 25,000 307,500 37, 500 112,500 123, 750 22, 500 276,750 33,750 101,250 704 109, 886, 600 24, 222,150 21,799,935 25 4,180,000 620, 000 558, 000 141 59 80 158 136 12,370,000 14,695,000 23, 440, 000 14,509,100 12, 935, 000 3,077, 250 1, 762, 300 2, 275, 300 3, 300, 750 2, 638, 750 2, 769,525 1, 586, 070 2, 047, 770 2.970, 675 2, 374, 875 11 6 5 9 10 775,000 300,000 1, 850,000 760,000 910,000 194,000 . 75,000 175, 000 177,500 227,500 174, 600 67, 500 157, 500 159, 750 204, 750 574 77, 949,100 13, 054,350 11,748,915 41 4, 595,000 849, 000 764,100 48 2 37 38 3 8, 415, 000 282, 000 8,475, 000 3, 975, 000 200,000 1,339,000 70, 500 1,381.250 697, 300 50,500 1,205,100 ' 63,450 1,243,125 627,570 45,450 2 300,000 62,500 56,250 3 350,000 75,000 67,500 232 100 194 109 69 Division No. 7.. 128 21, 347,000 3,538,550 3,184,695 5 650,000 137,500 123,750 Indian Territory... Oklahoma North Dakota South Dakota Idaho Montana New Mexico Utah Washington Wyoming 2 3 29 40 7 26 10 11 54 11 150, 000 200, 000 2, 025, 000 2, 660, 000 400,000 3,765, 000 1,025,000 2,400, 000 5,755,000 1,300, 000 37,500 50, 000 521,500 668,500 100,300 745,600 290,000 437,500 1,290, 500 292,500 33,750 45,000 469, 350 601,650 90, 270 671,040 261, 000 393,750 1,161,450 263, 250 1 50,000 12, 500 11, 250 4 5 1 6 2 2 11 1 250, 000 300,000 75,000 515,000 100, 000 100,000 700,000 50,000 62, 500 75, 000 18, 750 116,250 25,000 25, 000 175,000 12, 500 56,250 67,500 16,875 104,625 22, 500 22, 500 157, 500 11,250 Division No. 8.. 193 19, 680, 000 4, 433,900 3,990, 510 33 2,140,000 522,500 470,250 20,700,000 4,025, 250 3, 622,725 United States 3,567 659,782, 865 140,190,900 126,171,810 11167 193 130 REPORT OF THE COMPTROLLER OF THE CURRENCY. CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS—C'tM. States and Territories. Increase in capital, bonds, arid circulation Total increase in capital, bonds, and of banks existing October'.51,1800, and circulation, and number of banks number of banks concerned in such inconcerned in such increase. crease. No. Capital. 3 2 $125, 000 75, 000 6 23 12 9 1,400,000 93, 000 1,168, 000 4,807,050 4, 326, 345 55 1, 075, 000 10,000 970,000 2, 667, 500 97, 000 1, 822, 750 2,400, 750 87, 300 1,640, 475 29 5 39 45 2, 055, 000 4,587,250 4,128, 525 6 50,000 215,000 193, 500 7 2 100, 000 197, 500 50, 000 15 150, 000 2 3 5 1 50, 000 25, 000 200, 000 50,000 17 10 3 Division No. 1.. 49 19 4 22 Division No. 2. North Carolina South Carolina Georgia Florida Alaham a . . M^ississinni Louisiana Texas Arkansas Kentucky Tennessee Division No. 4.. Capital. $5, 400 5, 625 117,000 2, 294. F.20 1, 084, 500 819, 000 1 1 6 20 12 9 Maryland Dist Columbia) Virginia West Virginia Division No. 3.. Circulation. No. $6, 000 6, 250 130,000 2, 549, 800 1, 205, 000 910, 000 M^aine New Hampshire ... Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Bonds. $33, 525 16, 875 117,000 2,441,070 1,084,500 "819, 000 1, 693, 000 5,013, 300 4, 511,970 3, 275, 000 60, 000 2, 020, 000 2, 967, 500 109, 500 2, 097, 750 2, 670, 750 98, 550 1, 887, 975 73 5, 355,000 5,174,750 4, 657, 275 177, 750 45, 000 12 1 12 5 1,200, 000 200, 000 400,000 385,000 402, 500 50, 000 297, 500 121,250 362, 250 45,000 267, 750 109,125 462, 500 416, 250 30 2,185, 000 871, 250 784,125 22,500 81,250 93, 750 12, 500 20, 250 73,125 84, 375 11,250 2,015, 000 178,250 160,425 290,000 125,000 340,000 31,250 306, 000 28,125 5 3 7 5 1 1 2 34 1 16 6 200,000 25, 000 560, 000 250, 000 50, 000 50,000 100,000 3, 525, 000 50, 000 705,1)00 575,000 60,000 81, 250 156, 250 62, 500 12, 500 12,500 25, 000 468, 250 12,500 443, 750 118, 750 54,000 73,125 140,625 56, 250 11,250 11,250 22, 500 421,425 11, 250 399, 375 106,875 1,453, 250 1, 307, 925 1,050,000 93, 000 41 2,815, 000 759, 500 683, 550 81 6, 090, 000 5 4 11 1 4 975, 000 3,385, 000 100,000 100,000 90, 000 37,500 155,250 50,000 130,000 81, 000 33, 750 139, 725 45, 000 117, 000 10 5 22 3 10 1,625, 000 100, 000 6, 215, 000 250,000 550,000 25 4, 560, 000 462, 750 416,475 50 6 3 4 3 5 510,000 210, 000 1,200,000 50, 000 200. 000 75, 500 27, 500 90,000 50,000 155,000 67,950 24,750 81, 000 45, 000 139, 500 17 9 9 12 15 Division No. 6.. 21 2,170, 000 398,000 358, 200 6 5 25,000 200,000 326,250 212,500 293, 625 191, 250 11 225, 000 538, 750 484,875 Division No. 7. Indian Territory North Dakota South Dakota Idaho Montana New Mexico Utah Washington Wyoming Division No. 8. United States 1 1 2 4 1 1 4 1 40,000 25, 000 100, 000 360, 000 10,000 6,250 25, 000 53, 750 50,000 9,000 5,625 22, 500 48, 375 45,000 250,000 300, 000 50, 000 121,250 12, 500 109,125 11,250 500 500 750 500 500 204, 750 56, 250 416, 475 78, 750 218,250 8, 740, 000 1,082,750 974, 475 1,285,000 510,000 3,050, 000 810, 000 1,110, 000 269, 500 102,500 265,000 227, 500 382, 500 242,550 92, 250 238,500 204, 750 344,250 62 6, 765, 000 1,247,000 1,122,300 8 5 3 325,000 200, 000 350,000 388, 750 212, 500 75, 000 349, 875 191,250 67,500 16 875, 000 676,250 608,625 1 5 6 3 10 3 3 15 2 50, 000 290,000 325,000 175, 000 875, 000 100, 000 350,000 1,000, 000 100, 000 12,500 72,500 81,250 43, 750 170, 000 75,000 25,000 296,250 25, 000 11, 250 65,250 73,125 39,375 153,000 67, 500 22,500 266,625 22,500 3,265, 000 801,250 721,125 15 1,125,000 278,750 250,875 48 222 14,268,000 12, 294, 550 11,065, 095 415 Circulation. $37, 250 18,750 130,000 2, 712, 300 1, 205, 000 910,000 $25, 000 Ohio Indiana Illinois Michigan Wisconsin Division No. 5.. Iowa Minnesota Missouri Kansas . .. .. . Nebraska Colorado California Oregon Bonds. 227, 62, 462, 87, 242, 34,968,000 16,319,800 14,687,820 REPORT OF THE COMPTROLLER OF THE CURRENCY. 131 CHANGES IN CAPITAL, BONDS, AND CIUCULATION, BY GEOGRAPHICAL DIVISIONS—C't'd. Decrease in capital, bonds, and circulation, with number of banks concerned in such decrease. States and Territories. Failed and liquidating banks. No. Capital. Bonds. By banks existing October 31, 1890. Circulation. No. Capital. Bonds. Circulation. Maine New Hampshire... Vermont M^assachusetts . . Rhode Island Connecticut 1 1 1 $75, 000 100, 000 50, 000 $25,000 25, 000 25, 000 •$22, 500 22,500 22,500 6 2 5 6 1 3 500,000 $231,350 70, 000 45, 500 199, 500 10, 000 152, 500 Division No. 1.. 3 225, 000 75, 000 67,500 23 700, 000 708, 850 637, 965 4 800, 000 1 100, 000 3 1, 000,000 175,000 25, 000 200,000 157,500 22,500 180, 000 9 1 12 1,725,000 517, 500 80, 000 332, 500 465, 750 72, 000 299, 250 8 1,900, 000 400, 000 360, 000 22 1, 725, 000 930, 000 837, 000 25, 000 22, 500 25, 000 22, 500 50, 000 45,000 New Tork New Jersey Pennsylvania Division No. 2.. Delaware Maryland Dist. Columbia Virginia West Virginia Division No. 3.. 1 50, 000 12, 500 11, 250 $50,000 100, 000 50,000 1 1 70, 000 70, 000 $208, 215 63,000 40,950 179, 550 9,000 137, 250 1 50, 000 12, 500 11, 250 2 North Carolina South Carolina Georgia Florida Alabama Mississippi 1 2 1 1 2 125, 000 150,000 100,000 100. 000 150, 000 31, 250 50, 000 25, 000 37, 500 40, 000 28,125 45, 000 22, 500 33,750 36,000 1 Texas 4 566,666 100,000 90,000 4 50,000 52,500 47,250 100, 000 50,000 100, 000 12,500 90,000 11,250 2 50,000 50,000 "45, 000 13 1, 275, 000 396,250 356, 625 9 175, 000 152, 500 137, 250 6 3 2 1 75,000 25,000 221,500 100, 000 8,750 500 199, 350 90, 000 7,875 450 330, 750 297, 675 Kentucky Tennessee Division No. 4.. Ohio Indiana Illinois Michigan Wisconsin Division No. 5.. Iowa Minnesota Missouri Kansas Nebraska Division No. 6.. Colorado Nevada California Division No. 7.. Indian Territory Oklahoma . North Dakota . . . . South Dakota Idaho M^ontana New Mexico Utah Washington W voiu in °" Division No. 8.. United States i 1 1 2 5 1 50, 000 1 25,000 000 000 000 000 45, 000 45,000 148,500 45,000 9 1,210,000 315,000 283, 500 12 100, 000 1 150, 000 1 50, 000 2 300, 000 18 1, 302,000 6 385, 000 37, 500 12, 500 62, 500 356, 750 102, 500 33, 750 11, 250 56, 250 321, 075 92, 250 2 2 6 1 30, 000 1, 000, 000 200,000 50,000 28 2,18Z, 000 11 250, 000 200,000 560, 000 200,000 50, 50, 165, 50, 1 37, 500 33,750 75,250 67,725 1,280,000 112,750 101,475 571,750 514, 575 1 100, 000 25, 000 22, 500 1 200, 000 50, 666 45,000 1 50,000 12, 500 11,250 2 300, 000 75, 000 67, 500 1 50,000 12,500 11, 250 1 50,000 1 50, 000 25,000 22, 500 6,000 5,400 5,000 4,500 1 1 60,000 25,000 22, 500 2 110, 000 50, 000 45, 000 3 50, 000 11, 000 9,900 66 7,257, 000 1, 895,500 1,705,950 83 4,150,000 2, 283, 350 2,055, 015 • • 132 REPORT OF THE COMPTROLLER OF THE CURRENCY. CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS—C7t'd. Increase and decrease during year ended October 31, 1891. States and Territories. Total increase. Capital. Maine New Hampshire ... Vermont Massachusetts Rhode Island Connecticut Division No. 1. New York New Jersey... Pennsylvania. Division No. 2 Delaware Maryland District of Columbia Virginia West Virginia Bonds. $125, 000 75, 000 $37, 250 18, 750130,000 1, 400, 000 2,712,300 1, 205, 000 93,000 910, 000 Total decrease. Circulation. Capital. Bonds. Circulation $33, 525 16, 875 117,000 2,441, 070 1, 084, 500 819, 000 $125,000 100, 000 150, 000 50, 000 500, 000 $256, 350 95, 000 70, 500 199, 500 10,000 152, 500 $230, 715 85, 500 63,450 179, 550 9, 000 137, 250 4,511,970 925,000 783, 850 705, 465 3,275, 000 2, 967, 500 60,000 109, 500 2, 020,000 2,097, 750 2, 670, 750 2, 525, 000 100,000 98, 550 1, 887, 975 1, 000, 000 692,500 105, 000 532, 500 623, 250 94, 500 479, 250 5, 355, 000 5,174, 750 4, 657, 275 3,625, 000 1, 330, 000 1,197, 000 25, 000 22, 500 1,693,000 5,013,300 500 000 500 250 362, 250 45, 000 267,750 109,125 70, 000 50,000 12, 500 11, 250 !, 185,000 871, 250 784,125 120, 000 37,500 33, 750 200, 000 25,000 560, 000 250,000 50,000 50, 000 100,000 3, 525, 000 50, 000 705.000 575, 000 60, 000 81, 250 156, 250 62, 500 12, 500 12,500 25, 000 468, 250 12, 500 443, 750 118, 750 54,000 73,125 140,625 56, 250 11, 250 11, 250 22, 500 421,425 11,250 399, 375 106, 875 125, 000 150, 000 150,000 100, 000 150, 000 25,000 81, 250 50,000 25, 000 37, 500 40, 000 73,125 45, 000 22, 500 33, 750 36, 000 550,000 152, 500 137, 250 150, 000 50, 00Q, 150,000 12, 500 135, 000 11, 250 Division No. 4. Ohio Indiana Illinois Michigan .. Wisconsin. 6, 090, 000 1,453, 250 1, 307, 925 1,625, 000 100, 000 6, 215, 000 250, 000 550, 000 22T 500 62,500 462, 750 87, 500 242,500 204, 750 56, 250 416,475 78,750 218, 250 Division No. 5. Iowa Minnesota . Missouri... Kansas Nebraska- . 8, 740, 000 1,082,750 1,285, 000 510, 000 3, 050, 000 810, 000 1,110,000 269, 500 102,500 265. 000 227^500 382, 500 Division No. 0 Colorado.. Nevada — California. Oregon , -. Arizona... 6, 765, 000 1, 247,000 Division No. 3 . North Carolina . South Carolina . Georgia Florida Alabama ppi Louisiana Texas Arkansas Kentucky Tennessee Division No. 7 . Indian Territory. Oklahoma North Dakota . . . South Dakota.... Idaho Montana New Mexico Utah Washington Wyoming. Division No. g United States 1, 200, 000 200, 000 400, 000 385,000 402, 50, 297, 121, 1,450, 000 548,750 493, 875 000 000 000 000 000 221, 500 150, 000 58,750 165, 500 50, 000 199, 350 135, 000 52, 875 148, 950 45, 000 974,475 1, 310, 000 645, 750 581,175 242, 550 92,250 238, 500 204,750 344, 250 150. 000 80,000 1, 300, 000 1, 502, 000 435, 000 37, 500 50, 000 62, 500 432, 000 102,500 33, 750 45,000 56, 250 388, 800 92, 250 1,122,300 3, 467, 000 684, 500 616, 050 75, 275, 200, 560, 200, 325, 000 388,750 349, 875 100, 000 25, 000 22, 500 200, 000 350, 000 212,500 75,000 191,250 67, 500 250, 000 "62," 500 *"56,*250 875, 000 676, 250 608, 625 350, 000 87, 500 78, 750 50, 000 12,500 11, 250 50, 000 50,000 25,000 22, 500 6,666 5,400 25,000 5, 000 22. 500 4,500 290. 000 325, 000 375,000 875, 000 300,000 350, 000 , 000, 000 ]00,000 3, 205, 000 | 72, 500 81,250 43,750 170,000 75, 000 25, 000 296, 250 25,000 801, 250 34,908,000 10,319,800 65, 73, 39, 153, 67, 22, 266, 22, 60,000 721,125 i(), 000 61, 000 14,687,820 11,407,000 4,178, 850 54,900 3, 760, 965 REPORT OF THE COMPTROLLER OF THE CURRENCY. 133 CHANGES IN CAPITAL, BONDS, ANI> CIRCULATION, r.v Gi<:o<;nAPiiicA.L DIVISIONS—C't'd. Net increase and decrease ~c i.pital, bonds, and circulation. States and Territories. N e t increase. Capital. Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut - $53, 550 2, 261, 520 1,075,500 681, 750 768, 000 4,229,450 3, 806, 505 750, 000 1, 020, 000 2, 275-, 000 4,500 1, 565, 250 2, 047, 500 4,050 1,408, 725 93, 000 New York New Jersey Pennsylvania N e t decrease. Circulation. $59,500 2, 512, 800 1,195, 000 757,500 ' $1.350. 000 Division ISTo. 1 Bonds. Division No. 2 1, 730, 000 3, 844,750 3, 460, 275 Delaware Maryland District of Columbia Virginia West Virginia 1,130,000 200,000 350, 000 385,000 402, 500 50, 000 285, 000 121,250 362,250 45, 000 256, 500 109,125 Division No. 3 2, 065, 000 833, 750 750, 375 410,000 150,000 31, 250 131,250 25, 000 28,125 118,125 22, 500 25, 000 100, 000 2, 975, 000 50, 000 555, 000 525, 000 12, 500 25, 000 315, 750 12,500 293, 750 106, 250 11, 250 22, 500 284,175 11, 250 264,375 95, 625 4, 640, 000 904, 500 814, 050 North Carolina South Carolina . G eorgia Florida .Alabama. Mississippi ^Louisiana Texas Arkansas Kentucky Tennessee $25, 000 150, 000 1, 550, 000 6,000 5,400 6,015, 000 404,000 363,600 350, 000 192, 500 173, 250 Division No. 5 7,430, 000 437, 000 393, 30v) Iowa M innesota Missouri . . . . . . . . . . Kansas Nebraska.. - . 1,135,000 430, 000 1, 750,000 232, 000 52,500 202,500 208, 800 47,250 182, 250 675,000 280,000 252,000 Division No. 6 3, 298, 000 562, 500 506,250 225, 000 363, 750 327, 375 350, 000 150,000 75, 000 135, 000 67, 500 525, 000 588, 750 529, 875 50, 000 12,500 11, 250 240,000 275, 000 175,000 875, 000 100,000 350, 000 940,000 100,000 72,500 56, 250 43, 750 164,000 75, 000 25, 000 271, 250 20,000 65,250 50,625 39, 375 147, 600 67,500 22, 500 244,125 18,000 Colorado Nevada California Oregon Arizona Division No. 7 , Division No. 8 United States 3,105, 000 740,250 666,225 23,561, 000 12,140, 950 10, 926, 855 Circulation. $219 100 76, 250 $197,190 68, 625 25, 000 22, 500 21, 250 19,125 27, 500 24, 750 500, 000 40, 000 125, 000 100, 000 - Indian Territory Oklahoma North Dakota South Dakota Idaho Montana . . New Mexico Utah "Washington "Wvominff Bonds. 75,000 Division No. 4 Ohio Indiana Illinois Michigan VTisconsin Capital. 175, 000 87, 500 78,750 310, 000 78, 000 70, 200 692,000 204, 500 184, 050 _50,000 = = 134 REPORT OF THE COMPTROLLER OF THE CURRENCY. T A B L E SHOWING B Y STATES TIII-; AMOUNT OF NATIONAI.-HANK CIRCULATION ISSUED, T H E AMOUNT OF L A W F U L M O N E Y D E P O S I T E D IN T H E 1>NJTEI> SPATES TREASURY TO R E T I R E NATIONAL-BANK CIRCULATION*FKOM J U N E 20, 1874, TO OCTOBER 31, 1891; AND T H E AMOUNT R E M A I N I N G ON D E P O S I T AT THE LATTER D A T E . Lawful money deposited to retire national-bank Lawful circulation since June 20,1874. money on Additional deposit To retire cir- To retire circirculation is- For rewith the Stales and Territories. sued since demption culat^n un- lation under United Total deposJune 20,1874. of notes of der act of States act of July its. liquidating June 20, Treasury 12,1882. 1874. banks. at date. Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Missouri Ohio Indiana Illinois Michigan "Wisconsin Iowa Minnesota Kansas Nebraska. Nevada Oregon Colorado Idaho Montana Wyoming North Dakota South Dakota Washington California Utah New Mexico Arizona Oklahoma Indian Territory Lawful money deposited prior to June 20,1874, and remaining at that date Total. $3,459,989 2,210, 530 3, 973,995 41,309, 395 6,116, 565 9,177, 550 48, 080, 625 6, 321,925 31, 084,595 914, 810 3, 930,145 790,150 2,165,820 765, 749 1,583,060 405,175 1, 342, 590 391, 490 1,168,170 356, 600 2, 728,500 5, 264, 030 646, 450 7, 730, 240 2,284, 700 4, 655,130 38,437,196 7, 902, 840 8, 332, 815 5,198, 830 3, 251, 420 5, 088, 489 2, 538, 675 3, 744,065 3,456, 545 76,950 761,500 2,130,005 169,155 1,078,720 241, 595 830, 700 803, 475 1, 840, 950 2, 940,120 701,900 360, 000 98,540 45,000 45,000 $888, 787 504, 618 1, 081, 777 1,907,105 317,017 1, 070, 361 9, 529, 435 1, 411, 288 4,538,272 $2, 568, 018 1, 472,175 1, 916, 642 24, 698,497 5,977,042 6,422,927 15, 526,442 3,073, 72« 15, 877, 441 458, 645 3, 665, 625 76, 310 699,630 551,015 84, 800 129, 830 547, 910 107, 640 94, 320 51,250 235,890 161,191 15, 500 50, 590 $4,465, 235 2, 269, 920 5, 009, 603 53,893,158 8, 858, 456 13,750,507 57,050, 361 9,032,797 36, 082,274 997, 000 6,348, 665 899,740 2, 377, 275 922, 740 2,153, 210 1, 896, 675 1, 678, 855 7,790 1, 076,320 38, 450 3, 671,900 1,135, 308 403,120 8, 668, 818 2, 207,427 6,159,341 19,950, 604 11,855, 578 11,897,376 5,585,005 2, 657,389 4, 783,738 2,614,827 1,012,275 1,140,415 13, 500 180, 860 577,720 89, 998 334, 610 20, 250 195, 570 100, 330 374, 600 1, 295, 500 527, 550 285, 200 2,500 57, 874,057 296, 550, 340 97,756, 831 184,800 455, 664 1,187,169 950, 310 381, 780 81,050 353,425 19,210 215, 298 666, 413 271, 267 67,130 1, 802,504 983, 901 1,430, 855 7,859,071 5, 351, 923 3,892,148 3, 212,446 1, 334,225 1,902, 663 1, 061, 004 1,363, 585 299,290 10,720 369,975 11,250 189,940 $7,922,040 4, 246, 713 8,008, 022 80,498,760 15,152, 515 21,243, 795 82,106, 238 13, 517,811 56,497, 987 1,455, 645 10,199,090 1,431, 714 4, 264, 074 2, 424,065 2, 619, 790 2,107, 555 2, 580,190 27, 000 1,405,590 38,450 5,140, 563 1,497,380 551,950 11,773, 315 3, 600,265 8,194,455 32,826, 374 18, 463, 425 17,336, 030 9,196,735 4, 634, 009 7, 333, 366 4,098, 625 2,439, 061 1,661,685 13, 500 274, 030 1, 211, 505 116,010 554,020 20, 250 303, 210 194, 650 425,850 1, 531,390 688, 741 300,700 53,090 113,972 802,250 90,805 81,700 1,301, 993 408,937 604,259 5,016,699 1, 255,924 1, 546, 506 399, 284 642, 395 646, 965 422, 794 . 63,201 221,980 82,450 263,810 14, 762 29,470 $1,125,055 556, 835 548, 332 6, 628, 605 1,335. 821 2,099; 338 5, 616,781 1, 303, 409 4,849, 238 293,010 995, 752 29, 605 244,409 202, 342 115,166 93,789 184,311 2,075 91,035 247 420, 684 133,908 54,171 931,466 298, 011 377,728 2, 651, 312 1, 072,136 650, 753 540, 789 313,222 353, 781 193, 909 380, 447 122, 694 998 29, 324 88, 066 13,242 22, 723 2,630 13,723 29, 656 6,683 231, 515 62,018 1,190 1,950 3,813,675 *258,932,523 455,994,903 t35,313,884 * This includes circulation issued under act of July 12,1882. t Exclusive of $116,837 on deposit to retire circulation of national gold banks. REPORT OF THE COMPTROLLER OF THE CURRENCY. 135 STATEMENT SHOWING THE AMOUNT OF NATIONAL-BANK NOTES OUTSTANDING, THE AMOUNT OF LAWFUL MONEY ON DEPOSIT WITH THE TREASURER OF THE UNITED STATES TO REDEEM NATIONAL-BANK NOTES, AND THE KINDS AND AMOUNTS OP UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATION AND PUBLIC D E POSITS ON OCTOBER 31, 1891, WITH THE CHANGES DURING THE PRECEDING YEAR AND THE PRECEDING MONTH. National-bank notes. October 31, 1890. September 30, 1890. $179, 620,916 $171,817,319 Total circulation. Total amount outstanding at the dates named Additional circulation issued during the intervals : To new banks To banks increasing circulation 4,144,590 11, 313,860 309,630 1,558, 630 Aggregate Surrendered and destroyed during the intervals . . 195,079, 366 23,011, 645 173, 685, 579 1,617,858 Total amount outstanding October 31,1890*. 172, 067, 721 172,067,721 Decrease in total circulation since October 31,1890 Increase in total circulation bince September 30,1891.. 7, 553,195 250,402 Circulation based on United States bonds. Amount outstanding at the dates named Additional issued during the intervals as above . Aggregate. Retired during the intervals: By insolvent banks By liquidating banks By reducing banks Total retired during the intervals Outstanding against bonds October 31, 1891. Increase in circulation since October 31,1890 Increase in circulation since September 30,1891. Circulation secured by lawful money.* Amount of outstanding circulation represented by lawful money on deposit with the Treasurer of the United States to redeem notes: Of insolvent national banks Of liquidating national banks I Of national banks reducing circulation under section 4 of the act of June 20,1874. ! Of national-banks retiring circulation under section 6 of the act of I July 12,1882 ' Total lawful money on deposit Lawful money deposited in October, 1891 National-bank notes redeemed in October, 1891 Decrease in aggregate deposit since October 31,1890 Decrease in aggregate deposit since September 30,1891 United States registered bonds on deposit. Pacific railroad bonds, 6 per cents Funded loan of 1891,4£ per cents Funded loan of 1907,4 per cents Funded loan of 1891, continued at 2 per cent. Total on deposit 124, 958, 736 15, 458,450 135, 093,377 1,868, 260 140,417,186 136,961,637 270,425 1,112, 265 2, 280, 659 56, 250 151,550 3, 663, 349 207, 800 136, 753, 837 136,753,837 "11^7957101 October 31, 1890. $794, 596 5, 649,363 October 31: 1891. $719,817 5,279,966 22, 742, 084 9,679,513 25,476,137 19, 634,588 54, 662,180 35,313,884 Ill,990 1,522, 048 19, 348,296 1,410, 058 To secure To secure circulating public deposits. notes. $10, 244, 000 199, 400 120, 858, 850 $1,421,000 21, 648,100 16,237,500 2,108,000 152,950,350 19,766,500 * Circulation of national gold banks not included in the above, $116,837. 1,660,460 13G REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT OK MONTHLY INCREASE OR D E C R E A S E OF NATIONAL HANK CIRCULATION FOR TIIK YEAK ENDED OCTOUKK 31. IS'*!, P R E C E D E D I*.Y QUARTERLY I N CREASE OH DECREASE SINCE JANUARY 11, is?r>. From Jan. 14 to Jan. 31,1875 For quarter ended— Apr. 30,1875 July 31,1875 Oct. 31.1875 Jan. 31,187G Apr. 30,1876 July 31,1876 Oct. 31,1876 Jan. 31,1877... Apr. 30,1877 July 31,1877 Oct. 31,1877 Jan. 31,1878 Apr. 30,1878 J u l y 31,1878 Oct. 31,1878 Jan. 31,1879 Apr. 30,1879 July 31,1879 Oct. 31,1879 Jan. 31,1880 Apr. 30,1880 J u l y 31,1880 Oct. 31,1880 Jan. 31,1881 Apr. 30,1881 July "31,1881 Oct. 31,1881 Jan. 31,1882 Apr. 30,1882. J u l y 31,1882. Oct. 31,1882. Jan. 31,1883. Apr. 30,1883. J u l y 31,1883. Oct. 31,1883. Jan. 31,1884*. Apr. 30,1884. J u l y 31,1884. Oct. 31,1884. J a n . 31,1885. Apr. 30,1885. J u l y 31,1885. Oct. 31,1885. J a n . 31,1886. Apr. 30,1886. J u l y 31,1886. Oct. 31,1886. Jan. 31,1887. Apr. 30.1887. J u l y 31,1887. Oct. 31,1887. Jan. 31,1888. Apr. 30,1888. J u l y 31,1888. Oct. 31,1888. Jan. 31,1889. Apr. 30,1889. J u l y 31,1889. Oct. 31,1889. Jan. 31,1890. Apr. 30,1890. July 31,1890. Oct. 31,1890. Total November, 1890.. December, 1890 .. January, 1891 February, 1891... March. 1891 April, 1891 May, 1891 June, 1891 July, 1891 August, 1891 September, 1891 October, 1891 Total Surrendered to this office and retired from January 14,1875, to October 31,1891 Grand total National-bank circulation. Issued. $537, 580 Retired. $255,600 3, 336,804 4, 409, 220 5, 423, 930 4,124,165 5, 553, 971 1, 915,710 3, 852,731 2, 504, 600 5, 425, 539 877, 580 9, 663, 984 1,107,110 8, 564, 727 2, 604, 390 3,188,630 4, 759, 015 4,363,010 5, 005, 596 3,000, 230 4, 984, 399 3, 516, 321 5, 754,160 6,725, 585 2, 701, 885 3,036, 760 1, 906, 720 3, 453,080 4, 252, 980 2,276, 360 2, 924,430 3,097, 060 747, 327 7, 039, 300 1, 822, 988 3,674, 830 2,715, 524 9,122, 300 1, 754, 558 7, 289, 805 674,129 3,163, 820 1,555, 766 2, 427, 398 1, 748, 660 1, 535, 760 1,199,930 1, 361,534 2, 234, 780 4, 426, 596 12, 690,890 4,734,578 9, 569,410 3,182, 551 6, 484, 550 3, 354,153 5, 625, 200 4, 414, 865 2, 991, 400 5,741,456 4, 054, 740 5, 611, 497 9, 792, 910 4,588, 850 4, 927,020 6, 510, 245 3, 638, 650 6,868, 245 3, 527,100 6, 369, 273 2, 755, 600 5,172, 714 2, 748, 270 8, 430, 804 2,052, 294 7,883, 997 2,778, 960 6,833,874 2, 792,170 7,812, 055 1, 265, 520 8.135,112 2,125, 260 5, 731, 673 2,160,110 6, 758,154 5, 591, 760 5, 581, 261 7,751,794 8,397,163 4, 700, 384 8, 425, 486 1, 469, 325 6, 468, 227 1, 566, 700 9, 580, 973 1, 243,550 11, 014, 057 2, 961, 775 2, 936, 670 11, 307, 718 4.021, 350 8,421,529 6| 144, 629 12,190,159 15, 005, 579 7, 755,416 6,188, 531 15,115,185 1,049, 765 11, 277, 768 930,445 11,031, 498 11, 789,161 1,179,165 11, 791,639 1, 376,200 1,783,920 7,894,453 8, 865,001 1,428,895 3,469, 345 8, 496,305 7,545,116 2,481, 990 6,444,175 1, 817, 525 238,739,573 395, 495, 032 1, 789,176 603,580 1,951, 572 672,180 2,155, 846 489,780 2,349, 386 391, 020 2, 379, 765 542, 375 1, 849,428 463, 740 424, 740 1, 606, 657 1, 044, 715 2, 353, 600 2, 013, 264 2,596,320 1,402, 240 4, 223,350 1,537,013 2,138, 390 1, 868, 260 1,_523,597 254,198,023" 418,4067576 16,197,568 434,604,144 Increase. Decrease. $281,980 1, 072, 416 $1, 299, 765 3, 638, 261 1, 348,131 4, 547, 959 8, 556, 874 5,960,337 1,570, 385 642, 586 1, 984,169 2, 237,839 4, 023, 700 1,130, 039 797, 900 648,070 2, 349, 733 5, 216,312 959,306 7, 367,742 6, 615, 676 1, 608, 054 678,738 335, 830 873,246 8,264, 294 4, 834, 832 3, 301, 999 2, 271, 047 1, 423, 465 1, 686, 716 4,181, 413 338,170 2, 871, 59E 3, 341,145 3,613,673 2,424,444 6, 378, 510 5,105,037 4, 041,704 6, 576, 535 6, 009, 852 3, 571, 563 1,166, 394 2,170,533 59,560,061 3, 696, 779 6, 956,161 4, 90i; 527 8, 337, 423 8, 052,282 8, 371, 048 4, 400,179 6, 045,530 7, 250,163 8, 926, 654 10,228,003 10,101,053 10, 609, 996 10,415, 439 6,110, 533 7. 436,10S 5, 026, 960 5, 063,126 4, 626, 650 216, 315, 520 1,185, 596 1, 279, 392 1,666, 066 1, 958, 366 1, 837, 390 1, 385, 688 1,181, 917 1, 308, 88£ 583, 056 2, 821,110 601, 37? 344, 663 63,910,267 228,118, 820 63,910,267 16,197,568 244,316, 388 STATEMENT OF NATIONAL-BANK N O T E S ISSUED, R E D E E M E D , AND OUTSTANDING, B Y DENOMINATIONS YEAR FROM 1864 TO 1890, I N C L U S I V E . Ones. Twos. Fives. Tens. Issued $26,924,100 $19,708,260 Redeemed Outstanding "26," 924*166' Issued Redeemed Outstanding *. I $2,020,167 1 2,020,167 $1, 346,778 "i," 346* 778" 84,796, 000 304,820 84,691,180 Twenties. $6, 536, 920 Fifties. $2,491, 300 19,'708, 260 '* 6," 536, 920 AND AMOUNTS, ON OCTOBER 31, IN EACH One hundreds. $2,903,400 "2," 903," 400 Five hundreds. One thousands. $250, 000 '"'256,606 5, 446, 500 $4,404,000 I 1,000 I Total. $08, 813. 980 O " "58 '813,' 980 -3 O S3,493, 210 195,800 53, 297,410 28, 209, 500 26, 580 28,182,920 10, 349, 700 46, 550 10, 303,150 15, 033, 600 89, 500 14, 944,100 5, 446, 500 4,403,000 I 205, 099. 455 464. 250 204, (335, 205 75, 807, 000 225,390 581*610 42, 278, 700 42,060 42, 236,640 16,473, 700 76,050 16, 397, 650 24, 657, 500 172, 700 24,484, 800 6, 669, 500 302, 500 6, 367, 000 4,728,000 I 507,000 I 4,221,000 1 294, 585, 214 1, 498, 255 293, 086. y.39 Issued Redeemed Outstanding . 7, 699,182 7,680 7, 691, 502 5,156, 012 111,115,620 153,175 11, 700 5,144, 312 110,962,445 Issued Redeemed.. Outstanding 8,396,179 58,606 8, 337, 573 5, 622, 722 113,535, 300 42,356 753,855 5,580, 366 112, 781,445 77, 899, 270 510, 620 77, 388, 650 43,615,720 198, 080 43,417, 640 17, 469,850 432, 300 17, 037, 550 26,243, 600 877, 000 25, 366, 600 6, 691, 500 671,500 6,020, 000 4,728,000 I 1,563,000 3,165, 000 304. 202. 141 5,107. 317 299. O',<4, 824 8,947,798 272, 997 8,674,801 5, 990,468 115,738,140 156, 016 2,515, 095 5,834,452 113, 223,045 79, 227, 620 1, 300, 500 77,927,120 44,430, 700 759, 760 43, 670, 940 17, 775, 450 880,950 16, 894, 500 26, 766, 600 1, 598, 000 25,168, 600 6, 744, 500 909. 000 5,835; 500 4, 746, 000 1, 858, 000 2,888,006! 310.367. 2TC 10. 250' 318 3!5O. llti. 958 9, 663, 584 973, 427 8, 690,157 6,468, 392 118, 674, 740 497,538 5,146, 030 5,970, 854 113, 528,710 81,107, 820 2, 847, 390 78, 260, 430 45, 490, 040 1,496,400 43,993, 640 18, 205, 350 1, 502, 050 16,703, 300 27, 526, 300 2, 708,100 24, 818, 200 6, 838, 500 1, 347, 000 5, 491, 500 4,769,000 I 2,501,000 I 2, 268, 000 I 318. 743, 720 19, Ul8, 935 290. 724. 7L>1 Issued Redeemed.. Outstanding 10.843,693 2, 752,688 8, 091, 005 7,256, 558 124, 376, 620 1,437,318 9, 035, 250 5,819, 240 115, 341, 370 85,118, 950 5, 060, 560 80, 058, 390 48,208, 980 2,701,960 45, 507, 020 19,180,600 2, 501,050 16, 679, 550 28, 667, 200 4, 587, 500 24, 079, 700 6, 980, 000 2,096, 000 4,884,000 4,779,000 I 3, 380, 000 1, 399, 000 335,411,601 33. 552, 326 301, 859, 275 Issued Redeemed Outstanding . 12, 673, 867 5,471,799 7, 202, 068 8,482,434 142,195, 820 3,114,890 17,014,975 5, 367,544 125,180, 845 98, 246, 300 9, 689, 570 88, 556, 730 56,132, 040 5, 076, 520 51, 055, 520 21, 806, 850 4, 277, 250 17, 529, 600 32, 365, 500 7, 846,100 24, 519,400 7, 326, 500 3, 078, 000 4, 248, 500 4, 843, 000 4, 028, 000 815, 000 384.072.311 59. 5;>7.1u4 324, 475. 207 Issued Redeemed Outstanding . 14, 297,360 7, 919,388 6,377, 972 9,565,256 159,666, 740 112. 534, 520 4, 816, 778 29,803, 335 16, 997, 020 4, 748,478 129.863,405 95,537, 500 64, 513, 760 8,777, 040 55, 736,720 24, 859, 950 6, 309, 000 18, 550,950 36, 779, 700 11, 098, 900 25,680,800 7, 810, 500 3,933, 500 3, 877, 000 4, 933, 000 4,315,000 618,000 434,960, 786 93, 969. 961 340, 990. 825 Issued Redeemed Outstanding . 15,526,189 9,891,606 5,634, 583 10, 390, 222 174,472, 280 125, 603, 990 6,241,446 45,709, 815 25, 730, 700 4,148, 776 128,762,4(55 99, 873, 290 72,164, 380 13, 061, 420 59,102,960 27, 987,100 8, 448, 800 19, 538, 300 41, 661, 000 14,405, 700 27, 255, 300 8, 233, 000 4, 829, 000 3,404, 000 5,158, 003 4, 530, 000 628,000 431,196,161 132,848. 487 348,347. 674 Issued Redeemed Outstanding 16, 550, 259 11,143, 606 5,406, 653 11, 078, 226 196,215, 680 133, 370, 760 7,110, 038 65, 208, 025 39,127,070 3, 968,188 131,007,655 94. 243, 690 79, 242.180 19,832,160 59,410, 020 33, 348. 500 11. 577. 80!) 21, 770, 700 49,250, 200 19, 657, 200 29, 593, 000 8, 657, 030 5, 838, 000 2, 819, 000 5, 250, 000 4, 683. 000 5(37,000 532,962. 805 184, 176, Sm 348, 785, 9iJti Issued Redeemed Outstanding Issued Redeemed Outstanding . I | #75, W Pi 2 3 d I—i CO STATEMENT OP NATIONAL-BANK NOTES ISSUED, REDEEMED, AND OUTSTANDING, BY DENOMINATIONS AND AMOUNTS, ETC.—Continued. Ones. Issued Redeemed... Outstanding Twos. Fives. Tens. Twenties. Fifties. One hundreds. $18, 048,176 $12,079, 504 $235, 275,920 $174,105, 070 $105, 921, 280 $44, 209,250 $64, 585, 800 14, 092,126 9,233,246 124, 633, 860 76,085,320 40,489, 280 19,051, 850 29, 942, 800 3, 956, 050 2,846, 258 110,642,060 98,019,750 65, 432, 000 25,157,400 34, 643, 000 Five hundreds. One thousands. $9, 223,000 $5,540, 000 7, 236, 500 5, 047, 000 493, 000 1, 986, 500 Total. $668, 988. 000 325. 811, 982 343,176, 013 Issued Redeemed... Outstanding 18, 851, 264 15,556, 708 3, 294,556 12, 614,896 258,917,640 200,086,520 10, 249, 092 161,910, 280 103,692,140 2,365,804 97,007, 360 121, 729,840 57, 444,920 64, 284, 920 49, 281,750 25, 789, 200 23,492,550 71, 092, 000 39, 578, 500 31, 513,500 9, 345, 500 8,108, 500 1,237, 000 5, 549, 000 5, 272, 000 277,000 747,463. 410 427, 601, 340 319, 867. 070 Issued Redeemed... Outstanding 20, 618, 024 16, 815, 568 3, 802,456 13,793, 936 284, 084, 240 222,660,640 135, 525,060 11,111, 052 190, 579, 340 124,347, 790 70, 470, 560 2,682, 884 93,504,900 98,312, 850 65,054, 500 53,990, 050 31, 733, 950 22, 256,100 76, 733, 700 47,931,700 28, 802,000 9,906, 000 8, 807, 500 1,188, 500 5,678,000 5. 411, 000 267, 000 823, 079, 650 507, 208, 46.) 315,871,100 Issued Redeemed... Outstanding 22,480,415 18,194,196 4,286, 219 15, 035,530 305,956,440 241, 572,930 146,883,340 12,053,384 213, 417,165 138, 591, 490 79,063,560 2,982,146 92,539,275 102,981,440 67,819, 780 57, 379, 900 36,411,100 20, 968, 800 81,292,300 54,185, 900 27, xO6,400 10,090, 000 9, 447, 500 642, 500 6, 214, 000 5, 900. 000 314,000 886. 904. 833 567, 264. 295 319.640.560 Issued Redeemed.... Outstanding 23,169, 677 19, 600, 477 3, 569, 200 15,495,038 327, 892,200 259, 042, 230 157,399, 020 13,002, 540 229, 980, 380 •149,305, 990 85,146, 860 97,911,820 109,736, 240 72, 252,160 2,492,498 60, 589, 050 39, 263,150 21, 325, 900 85,074, 000 58,160,400 26,913,600 10, 270, 000 9, 643, 500 626, 500 6, 350, 000 6,057, 0(W 293, 000 945.281.215 610, K>O. -yr 335, 120. 91$ Issued Redeemed... Outstanding 23,169, 677 20, 875, 215 2,294,462 15,495,038 345, 659, 880 272,031,680 165,327, 960 13,887, 778 245,749,120 158,211,100 90, 096,400 99,910, 760 113, 820, 580 75, 231, 560 1,607,260 62, 694, 250 41,274, 950 21,419,300 87, 951, 000 61, 060,100 26, 890, 900 10, 366, 500 9, 742, 000 624,500 6, 373,000 6,124, 000 249, 000 989. 008. 9-?5 647,02i»,to.-; 342,048.322 Issued Redeemed... Outstanding 23,169, 677 21, 838, 565 1,331,112 15, 495, 038 368,062,520 864,775,190 178, 816, 340 14,572,868 267, 582,440 173,466, 350 98,099,840 922,170 100,480, 080 121,308,840 80, 716,500 67, 879, 700 44, 594, 500 23,285,200 95,973, 200 66, 020, 200 29, 953, 000 10,964,500 10,247, 500 717, 000 7,154. 000 1, 062, 290. lo,' 6, 943, 000 703, 365. 263 358, 924. 9)2 211, 000 Issued Redeemed... Outstanding 23,169, 677 22,353,877 815, 800 15,495,038 393,487,120 320,422,600 14, 968,280 296, 566,165 197,709,340 526, 758 96,920, 955 122,713,260 195, 035, 680 111, 434,140 83,601, 540 72, 667, 200 103, 513, 800 49,009,100 71, 913, 000 23, 658,100 31, 600, 800 11, 378, 500 10,440, 000 938,500 Issued Redeemed... Outstanding 23,169,677 22, 593, 909 575, 768 15, 495,038 417,236, 040 345,440,860 211, 576,920 15,141, 806 325, 712,835 227,123, 550 128,492, 760 353,232 91, 523, 205 118, 317, 310 83, 084,160 77, 801,450 111, 474,200 54, 535,150 78, 912, 500 23, 266, 300 32, 561, 700 11, 566, 500 10, 683, 500 883, 000 7,197, 000 1,142,366.615 781,383,9*2 6, 990,000 360, 982, 713 207, 000 7, 287, 000 1, 221, 047, 685 7,092, 000 870,288, 010 350,759, 675 195, 000 Issued Redeemed... Outstanding 23,169,677 22,671, 936 497,741 15,495,038 440, 505, 940 371,821, 020 228,841, 820 15, 206,570 355,196,785 260,501, 070 149, 635, 240 85,309,155 111, 319, 950 79,206, 580 83, 051, 500 119, 977, 000 60, 828, 650 87,454,300 22, 222, 850 32, 522, 700 11, 853, 000 10, 990, 500 862, 500 7,379, 000 1, 302,093,995 969, 641, 051 7,156, 000 332,452, 944 223, 000 Issued Redeemed... Outstanding 23,169, 677 22, 731, 963 437,714 15,495. 038 466,042,000 398,040, 010 246, 363,460 15,257,754 384,085,330 293,828, 720 171, 275, 940 237, 284 81, 956, 670 104,211, 290 75,087, 520 87,927, 650 128,770, 600 67, 288,100 97,192, 200 20,639, 550 31,578,400 11,947,000 11, 363, 500 583, 500 7, 379, 000 1, 385,134, 435 7, 238, 000 1, 070, 261, 507 314,872,928 141,000 3 5 Issned Redeemed Outstanding . 23,169,677 22,757,987 411, 690 15,495,038 15,279,612 215,426 488,336,800 405,546, 320 82,790,480 416, 959, 700 317, 672, 780 99,286, 920 258,912,360 187,957,120 70,955,240 90,759,700 72,565, 050 18,194, 650 134,202,100 105, 533,000 28, 669,100 11,947,000 11, 569,000 378,000 7,379,000 7,290, 000 89,000 1,447,161,375 1,146,170. 869 300,990,506 1887. Issued Redeemed Outstanding . 23,169,677 22,776,403 393,274 15,495,038 15, 293,440 201,598 502, 277,620 425,853,955 76,423, 665 427, 627, 990 337, 999, 280 89,628,710 266,022,900 201,838, 860 64,184,040 92,481,650 76,807,150 15, 674, 500 137, 516, 600 112,745, 300 24,771,300 11,947, 000 11, 646, 500 300, 500 7,379, 000 7, 305,000 74,000 1,483, 917, 475 1, 212, 265, 883 271, 651, 587 1888. Issued Redeemed Outstanding. 23,169, 677 22,783,281 15,495, 038 15,298,872 196,166 520,506,800 453,086,540 67,420, 260 442,223,330 275,754,140 364,436, 600 218,806,920 77, 786, 730 56,947, 220 94,893, 350 81,230,400 13, 662,950 142, 217, 600 119,872,000 22,345, 600 11,947, 000 11,706,500 240, 500 7, 379. 000 7,320,000 59,000 1,533,585 935 1, 294,541,113 239, 044, 822 O 23,169,677 22,794,643 375,034 15,495,038 15,306,858 188,180 532,659,620 476,027, 775 56,631,845 451,361,990 386, 221,110 65,140,880 281,804,220 232,686,320 49,117,900 95,997,250 84,750, 700 11,246,550 144,384,000 125,601,800 18,782,200 11,947,000 11, 737,500 209,500 7,379,000 7,327, 000 52,000 1, 564 197, 795 1,362,453,706 201,744, 089 O Issued Redeemed Outstanding. 23,169, 677 22,800, (tBl 369,616 15,495,038 15, 311,146 183,892 544,788,840 494,308,190 50,482,650 461,240,000 403,621,260 57, 618, 740 288,323,560 244,251,900 44,071,660 97,468,100 87.709,800 9,758,300 147,273,300 130,537 200 16,736,100 11,947, 000 11, 764,000 183, 000 7,379,000 7,333,000 46,000 1, 597, 084, 515 1,417, 634. 557 179,449, 958 1891... Issued Redeemed... Outstanding. 23,169,677 22,802,625 367,052 15,495,038 15,313,292 181, 746 561,426,260 511,284, 975 50,141, 285 474,952, 880 421,173,990 53, 778, 890 297,355, 680 256,301,380 41,054, 300 99,848,700 90,406,400 9,442, 300 151,976,100 135,172, 500 16,803,600 11,947,000 11, 779, 500 167.500 7,379,000 7,337,000 42, 000 1,643, 550,335 1,471,571,662 171,978,673 1889... Issued Redeemed.. Outstanding 1890. [NOTE.—First issue Dec. 21,1863; first redemption Apr. 5,1865.] w o o W a a 3 a 140 REPORT OF THE COMPTROLLER OF THE CURRENCY. S T A T E M E N T OK N A T I O N A L G O L D B A X K N O T K S 1SSUF,I>, R K D K K M K D , A N D O U T S T A N D I N G < >< i«>I;I:I; Ml, 1*!>1. Issued. Fives Tens Twenties [Fifties One hundreds Five hundreds, One thousands Total Unredeemed fractions ltedecmed. Outstanding. $364,140 746,470 722, 580 404,850 809,700 342, 500 75,000 $342, 055 714, 910 690, 740 394.700 791,100 340, 000 75, 000 $22, 085 31, 560 31, 840 10,150 18,600 2,500 3, 465,240 3, 348, 505 102 116, 735 102 3,348,403 116, 837 Total . STATEMENT OF NATIONAL BANK NOTES ISSUED DURING THE YEAR ENDED OCTOBER 31, 1891, WITH THE TOTAL AMOUNT ISSUED, REDEEMED, AND OUTSTANDING. Issued dur- Total issued Total issues to Total redemptions Circulation ing the previous outstanding Oct. 31,1891. Oct. 31, 1891. year. years. Oct. 31, 1891. Denorain ations. Ones Twos Fives Tens Twenties Fifties One hundreds Five hundreds One thousands $23,169, 677 15, 495, 038 $16,637,420 544,788, 840 13,712,880 461, 240, 000 9, 032,120 288, 323, 560 2, 380, 600 97,468,100 4,702,800 147,273, 300 11,947, 000 7, 379, 000 $23,169,677 15,495,038 561,426, 260 474, 952, 880 297, 355, 680 99, 848,700 151, 976,100 11, 947.000 7, 379, 000 $22, 802,625. 00 15, 313,292. 00 511, 284,975.00 421,173, 990. 00 256, 301,380. 00 90, 406,400. 00 135,172, 500.00 11, 779,500. 00 7,337, 000. 00 $367, 052. 00 181, 746.00 50,141, 285. 00 53, 778, 1.00 41, 054,300. 00 9,442, 300. 00 16, 803,600. 00 167, 500.00 42, 000. 00 Total 46,465,820 |l, 597,084, 515 1, 643, 550, 335 1, 471, 571,662.00 171, 978, 673. 00 TJnpresented fractions of notes to be deducted from notes redeemed and added to amount of currency outstanding 26, 288. 75 26, 288.75 Total 1,471,545,373.25 172, 004, 961. 75 REPORT OF THE COMPTROLLER OF THE CURRENCY. 141 TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING- THE NUMBER OF BANKS IN EACH, CAPITAL, BONDS ACTUALLY HELD ON SEPTEMBER 25, 1891, MINIMUM AMOUNT OF BONDS REQUIRED BY LAW, AND THE EXCESS OF BONDS ON SEPTEMBER 25, 1891, AND OCTOBER 2, 1890. U n i t e d States bonds. States, Territories, and Reserve Cities. No. of banks. Maine New Hampshire Vermont Massachusetts Boston Rhode Island Connecticut Division No. 1 Capital. 78 52 50 207 56 59 84 $10,935, 000 6, 305, 000 7, 210, 000 45, 485, 275 51, 800, 000 20, 277,050 23, 274, 370 586 165, 286, 695 New York New York City Albany Brooklyn New Jersey Pennsylvania Philadelphia Pittsburg 265 49 6 5 95 298 43 26 32, 984, 060 50, 861, 970 1, 550, 000 1, 352, 000 14, 318, 350 37,462, 390 22, 888, 395 10, 900. 000 Held September 25,1891. Minimum required. Excess of bonds. September 25,1891. October 2, 1890. $3, 805,150 2, 912, 000 2, 942, 500 15, 234,450 4,425, 000 4,316, 250 5, 776, 000 $2, 058, 750 1, 551, 250 1,490, 000 8, 231, 875 2, 800,000 2,437, 500 3, 418, 325 $1, 746, 400 1, 360, 750 1,452, 500 7,002, 575 1, 625, 000 1, 878, 750 2, 357,675 $2, 015, 500 1,430, 750 1, 319, 250 5, 964, 775 941.500 1, 087, 000 1, 747,175 39,411,350 21, 987, 700 17, 423, 650 14, 505, 950 7, 333, 665 2, 437,500 300, 000 250, 000 2, 889, &87 8,200,598 2,137, 500 1, 275,000 6, 380, 785 4, 416, 500 100, 000 292, 000 1, 336,413 3,277,452 3,543, 000 155, 000 6, 544, 660 2. 072, 500 13, 714, 450 6, 854, 000 400, 000 542, 000 4, 226, 000 11,478, 050 3, 680, 500 1,430, 000 1 493, 000 1, 331, 912 3, 464, 633 350, 000 290, 500 Division No. 2 787 172, 317,165 42, 325, 000 24,823, 850 17, 501,150 14, 547, 205 Delaware -. Maryland Baltimore District of Columbia Washington Virginia West Virginia 18 43 22 1 12 36 23 2,133,985 3, 517, 500 13, 238, 965 252,000 2, 575, 000 4, 546, 300 2, 454, 000 740, 000 1, 311,000 1,200,000 250, 000 650,000 1,393,750 703, 750 455, 200 866,450 1,100,000 50, 000 575, 000 947, 750 612,000 284, 800 444, 550 100,000 200, 000 75, 000 446, 000 91, 750 309,800 316, 302 20, 000 200, 000 75,000 241, 000 65, 000 Division No. 3 155 28,717,750 6, 248, 500 4, 606, 400 1,642,100 1, 227,102 22 14 32 17 29 13 11 10 206 10 71 10 53 2, 691,500 1, 623, 000 4,418,350 1,200,000 4,204, 000 1,165, 000810, 000 3,625,000 24, 833,100 1, 600,000 10, 397, 270 4,901,500 10,380,000 725,250 468,750 1, 061, 750 355,000 1,202, 000 353,750 202, 500 850, 000 4, 885, 050 310,000 2, 888, 000 500, 000 1,489, 000 637, 625 393,250 910, 250 300, 000 841, 000 291, 250 202, 500 500, 000 4, 830,700 300, 000 2, 308,225 500, Of 0 1,476/250 87, 625 75,500 151,500 55, 000 361, 000 62, 500 143, 250 250 120,250 55, 000 372,250 56, 250 2, 500 400,000 134,823 14,922 439, 775 498 71,848,720 15,291,050 13,491,050 1,800, 000 13, 050 1, 802, 320 214 13 10 100 181 21 99 8 69 • 3 26,492,850 , 9,100,000 8, 050, 000 *12,477, 000 16, 376, 000 20, 600, 000 10, 919, 600 4, 4Q0, 000 6,133, 000 850,000 7,849,850 740, 000 675, 000 4,067, 550 4, 956, 000 1,200, 000 2, 555, 500 400,000 1, 594, 250 250,000 5, 862, 212 650, 000 500, 000 2, 786,750 4,000,250 1, 050; 000 2, 354, 750 400,000 1,477, 500 150, 000 1,987, 638 90, 000 ] 75, 000 1, 280, 800 955, 750 150,000 200,750 2,129, 615 190,000 175, 000 1. 448, 050 1, 009, 798 150, 000 285, 000 116,750 100,000 78. 000 20, 000 718 115, 398,450 24,288,150 19,231,462 5, 056, 688 5, 485, 463 147 4 51 5 6 59 9 11 4 147 130 9 12,760,000 700,000 5,142, 000 4,800,000 4, 840,000 4,670,000 10. 650, 000 7, 800, 000 2, 000, 000 13, 011, 990 9,253,100 4, 000, 000 3,183, 750 150,000 1,127, 300 300,000 300, 000 1, 207, 800 450, 000 550,000 300, 000 2,967, 750 2, 363,750 .425,000 2, 876, 250 150, 000 1, 050,000 250, 000 300, 000 1,160,000 450, 000 550,000 175, 000 2, 860, 525 2, 260, 775 425,000 307,500 309, 750 77, 300 50, 000 107,300 50, 000 47,800 85, 250 125, 000 107,225 102, 975 25, 000 ]*)7, OCO 62,450 582 79,627,090 13, 325, 350 12, 507,550 817,800 North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee Division No. 4 Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Division No. 5 Iowa Des Moines Minnesota St. Paul Minneapolis Missouri St. Louis Kansas Cil y St. Joseph Kansas Nebraska Omaha Division No. 6 350,000 54, 350 10, 000 579,775 so,ooa 12,750 746,750 m 142 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES EXHIBITING THE NUMBER OF BANKS IN EACH, CAPITAL, ETC.—Continued. United States bonds. States, Territories, and No. of Reserve Cites. banks. Held September 25, 1891. Minimum required. Excess of bonds. September 25,1891. October 2, 1890. 49 2 34 2 40 3 $8,640,000 282, 000 5, 925, 000 2, 500,000 4,275,000 200,000 $1,652, 750 70,500 1,431,250 100, 000 778, 550 50,500 $1, 285, 000 70, 500 1,131, 250 100, 000 768,750 50,000 $367,750 $97, 750 300,000 87, 500 9,800 500 19, 925 130 21,822, 000 4, 083, 550 3,405,500 678,050 205,175 33 42 8 32 12 13 64 12 3 2 2,290,000 2,785,000 575, 000 4,604,000 1,115,000 2,750,000 6,555,000 1, 385,000 200,000 150,000 581,500 699, 750 144,050 880, 850 365,000 462,500 1,529, 000 312, 500 50,000 37,500 566, 250 696, 250 143, 750 863, 500 285,000 450, 000 1,475, 725 312, 500 50,000 37,500 15, 250 3,500 300 17, 350 80, 000 12, 500 53, 275 15,250 19, 500 5,300 64,350 27, 500 22, 500 28,320 8,750 221 22,409,^)00 5, 062,650 4,880,475 182,175 201,470 .**... 3,677 677,426, 870 150, 035, 600 104, 933, 987 45,101,613 38, 721, 435 Colorado Nevada .. . California San Francisco Oregon Arizona Division No. 7 . . . . North Dakota South Dakota Idaho Montana New Mexico TJtah Washington Wyoming Oklahoma Indian Territory Division No. 8 . . . . United States Capital. 10, 000 REPORT OF THE COMPTROLLER OF THE CURRENCY. 143 TABLE, B.Y STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER OF BANKS IN EACH, WITH CAPITAL OF $150,000 AND UNDER, FOR THE YEARS 1890 AND 1891, AND THE INCREASE OR DECREASE IN BANKS AND CAPITAL DURING THE INTERVAL. October 2, 1890. States, Territories, and Reserve Cities. Maine .. New Hampshire "Vermont Massachusetts Boston Hhode Island. Connecticut No. Capital. September 25,1891. No. Capital. Capital. 63 $5,310,000 4, 530, 000 43 3, 695,000 39 95 "10,777,500 63 $5, 235, 000 44 4,605,000 39 3, 760, 000 97 •10,927,500 24 34 2, 657,000 3, 673, 300 23 34 2, 550, 000 3, 673, 300 298 30,642, 800 300 30, 750, 800 3 210 1 19,005,160 150,000 213 1 18, 934, 660 150,000 3 64 219 1 1 5,498, 350 19,138, 670 150,000 100,000 65 235 1 1 5,558, 350 20,142, 390 150,000 100,000 1 16 60,000 1, 003, 720 496 44, 042,180 516 45,035,400 20 1, 063, 720 14 37 1, 020, 800 2,688, 790 14 40 1,020,800 2, 865,800 3 177,010 1 24 18 100,000 1,881,000 1, 570,000 1 28 19 100,000 2,191, 000 1, 648,000 4 1 310, 000 78, 000 Division No. 3 94 7,260,590 102 7,825, 600 8 565, 010 North Carolina South Carolina Georgia Florida .Alabama Mississippi .. Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee Division No. 4 15 13 24 15 21 12 8 1,306,000 1,148,000 1, 991,000 1,150,000 1,619,000 1,140, 000 500,000 16 11 23 17 20 13 10 1,341,000 973,000 1,841,000 1, 200,000 1, 529,000 1,165, 000 610,000 1 35, 000 2 50,000 1 2 110, 000 164 6 43 12, 506,910 530, 310 4,277,900 178 7 48 13,673,100 600,000 4, 572, 270 14 1 5 1,166,190 69, 690 294, 370 -- Division No. 1 New York New York City .Albany Brooklyn New Jersey Pennsylvania Philadelphia Pittsburg Division No. 2 .... s. Delaware Baltimore District of Columbia Washington Virginia ... West Virginia . i. Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Division No. 5 Iowa Des Moines Minnesota St. Paul Minneapolis Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha Division No. 6 Decrease. Increase. No. No. Capital. $75, 000 1 2 $75, 000 65 000 150, 000 290,000 1 107,000 1 182,000 70, 500 I 25,666 37 2, 678,800 38 2, 905,000 1 226, 200 358 28,847,920 381 30,409, 370 27 1.976,450 168 14,316,940 ! 168 14,248,850 79 160 7, 072, 000 12, 29., 810 80 163 12,401, 000 89 7,114, 000 87 7, 019, 000 59 4, 415,000 63 555 45, 214,750 132 9,420, 000 42 7,147,666 70,500 1 % 2 1 175,000 150,000 1 90,000 4 415,000 68,090 1 3 75, 000 104,190 4, 683, 000 4 268,000 561 45,498,850 8 447,190 9,660, 000 200,000 2, 767,000 6 2 2 240,000 200,000 2, 770, 000 138 2 44 55 3, 765, 000 55 3,820,000 1 347 122 1 100, 000 10, 209,000 7, 655, 000 100,000 1 138 125 1 100,000 9,611,990 8,043,100 100,000 3 388,100 500 34,019,000 504 34,302,090 13 883,100 2 95,000 2 163,090 3,000 55, 000 9 597,010 9 600,010 144 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE, BY STATES, TERRITORIES, AXD RESERVE CITIES, EXHIBITING THE NUMBER OF BANKS IN EACH, WITH CAPITAL OF $150,000 AND UNDER, ETC.—Continued. States, Territories, and Reserve Cities. Colorado Nevada California San Francisco Ore°on Arizona Division No. 7 North Dakota South Dakota Idaho IVtontana New Mexico Utah Wyoming Oklahoma Indian Territory Division No. 8 United States October 2,1890. No. Capital. Increase. September 25,1891 No. Capital. • No. Capital. 33 1 22 $2,215,000* 82,000 2,125, 000 35 1 22 $2, 340, 000 82,000 2,125, 000 2 $125, 000 34 2 2, 025, 000 150,000 35 3 2, 075, 000 200, 000 1 • 1 50,000 50, 000 92 6, 597, 000 96 6,822, 000 4 225,000 28 38 7 21 8 6 44 9 3 2 1,775, 000 2, 345,000 400,000 1 715 000 800,000 660 000 3,426, 720 735, 000 200, 000 110,000 32 41 8 24 11 7 53 10 3 2 2, 040,000 2, 585,000 575, 000 1 854 000 940, 000 600 000 3, 702, 900 835,000 200,000 150,000 4 3 1 3 3 1 9 1 265,000 240, 000 175, 000 139 000 140,000 166 12,166 720 191 13,481, 900 25 1,375,180 2,559 208,790,960 2,651 214,126, 010 108 6 825 650 Decrease. No. Capital. ! .- $60 000 276,180 100,000 40,000 60, 000 "I« 1,490, 600 REPORT OF THE COMPTKOLIJOIJ OF THE CURRENCY, 145 TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER OF BANKS IN EACH, WITH CAPITAL KXCEKDLNMJ ^150,000, FOR THE YEARS 1890 AND 1891, AND THE INCREASE OR DECREASE IN BANKS AND CAPITAL DURING THE INTERVAL. States, Territories, and Reserve Cities. Main ft New Hampshire October 2, 1890. No. 15 8. 12 109 56 35 50 "Boston Uhoci© Island Capital. $5, 700, 000 1, 700,000 3, 650, 000 34,390, 000 51,800, 000 17,527,050 20,101, 070 285 134,868,120 Division No. 1 51 46 6 5 30 59 44 25 New York New York City TJToolclvn Philadelphia 13, 874, 400 48, 0,r ), 000 1, 545, 050 1, 352, 000 8, 760,000 16, 500, 000 23,658, 000 10, 760, 000 266 125, 399, 450 Division No. 2 T> 1 M^arvland .Baltimore District of Columbia "Washington "Virginia ' -"West Virginia . Division No. 3 North Carolina South Carolina September 25,1891. No. 15 8 11 110 56 36 50 Capital. Increase. No. Decrease. Capital. $5,700, 000 1,700,000 3,450, 000 34,557, 775 51,800,000 17,727,050 19,601,070 1 $167,775 1 200,000 286 134,535,895 2 367, 775 1 2 175,000 1,761,970 4,950 4 820,000 52 48 6 5 30 63 42 25 14,049,400 50, 711, 970 1, 550, 000 1, 352, 000 8, 700, 000 17, 320, 000 22, 738, 395 10,800,000 271 127, 281,765 4 3 19 1 10 8 3 1,113,185 651,700 12,313, 260 252, 000 2,275,000 2, 355, 300 606, 000 22 1 11 8 4 1,113,185 651,700 13, 238, 965 252, 000 2,475,000 2,355,300 806, 000 48 19,566,445 53 6 3 6 1,350,000 650, 000 1,915,000 6 3 9 9 2, 675, 000 9 2, 675,000 1 10 25 3 23 10 14 200, 000 3,625, 000 9,720,350 1, 000, 000 5, 925, 000 4, 651, 500 7, 094, 440 1 10 28 3 23 10 15 200, 000 3, 625, 000 11,160,000 1,000,000 5, 825, 000 4, 901, 500 7,475, 000 11.0 38,806, 290 117 42 13 10 21 13 19 13 8 6 3 11,339, 000 8,900, 000 7, 402, 350 5, 580, 000 2, 825, 000 16,100, 000 4, 000, 600 4,400, 000 1,350, 000 850, 000 46 13 10 20 18 21 12 8 6 3 148 62, 746,950 7 1,900,000 6 6 6 2 8 10 3 12 4 8 72 4 No. 1 Capital. $200,000 500, 000 1 700,000 2 919,605 2 919,605 40, 000 7 2, 801,920 3 925,705 1 200, 000 1 200, 000 20, 892,150 5 1, 325, 705 1, 350, 500 650, 000 2, 577, 350 3 662, 350 3 1,439, 650 1 250, 000 380,560 41,439,350 7 2,733,060 12, 244, 000 9,100, 000 8, 050, 000 5,330,000 3, 975, 000 20, 600. 000 3,900, 600 4,400, 000 1,450, 000 850,000 4 905, 000 200 000 647,650 5 2 1.150, 000 4, 500, 000 157 69, 899, 600 11 7, 502, 650 3,100, 000 500,000 2, 375, 000 4, 800, 000 4, 840, 000 850, 000 10, 650, 000 7,800,000 1, 900, 000 3. 400, 000 1, 210, 000 3, 900, 000 o 2,175, 000 5, 200, 000 4, 500, 000 400,000 9, 700, 000 7,300,000 1, 895,670 3,700, 000 900, 000 3, 900, 000 9 2 7 5 6 4 9 11 3 9 5 8 1, 200, 000 500, 000 200, 000 ...... 1 1 340, 000 450, 000 950,000 500,000 4, 330 1 310,000 41,570, 670 78 45, 325, 000 10 4, 454, 330 500 Florida !Mi ssissi"DT)i Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee Division No. 4 Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Division No. 5 Iowa - .- --Des Moines Minn esota St Paul Minneapolis Missouri .- . Kansas City St JOSGDII Kansas Omaha Division No. 6 11167 10 100,000 100, 000 1 250, 000 1 100, 000 2 350,000 1 400, 000 3 300, 000 4 700,000 100, 000 146 BEFORT OF THE COMPTROLLER OF THE CURRENCY. T A B U S , mt S r ^ t E S , TERRITORIES, AND R E S E R V E C I T I E S , E X H I B I T I N G T H E N U M B E R OF BANKS IK EACH, WITH CAPITAL EXCEEDING $150,000, ETC.—Continued. Statee, Territories, and Res e t s Cities. Colorado Nevada................. California.«w. J. . .-.« San Francisco Arizona October 2, 1890. September 25,1891. No. Capital. 13 $5,150, 000 1 200, 000 13 3. 850, 000 2 2, 500, 000 3 950, 000 No. Capital. Increase. No. Capital. 14 $6,300,000 1 200,000 12 3,800,000 2 2,500,000 5 2, 200, 000 1 $1,150,000 • 2 1,250, 000 3 2,400, 000 Decrease. No. Capital. 1 $50,000 1 50,000 10 2,819,605 ... Division No. 7 Uorth: Dakota South Dakota Idaho....... "M^OTltHUlft New Mexico tJtab W^yarning-........... .. Oklahoma tndiftifc Territory. . , - . . „ DivisionNo.8 United State* 32 12, 650, 000 34 15, 000,000 1 1 223,350 200,000 1 1 250,000 200,000 4 1 4 7 2 1,000,000 175, 000 1, 400,000 1,900, 000 550,000 8 1 6 11 2 2,750, 000 175,000 2,150, 000 2, 852,100 550,000 20 6,048,350 30 8,927,100 10 2,878, 750 981 441,656,275 1,026 463,300,860 55 24,464,190 26, 650 4 1,150, 000 2 4 750, 000 952,100 REPORT OF THE COMPTROLLER OK THE CURRENCY. 147 CLASSIFICATION OF TIIK LOANS AND DISCOUNTS OF THE NATIONAL BANKS I N THE R E S E R V E C I T I E S AND IN THE STATES AND T E R R I T O R I E S ON S E P T E M B E R 25, 1891. Cities, States, and Territories. No. of jbanks. On deOn time, On de- mand, with with U.S. On paper imand, with U.S.bonds, bonds, On paper with one or other other ith i l withsinglejmore indors- m o r e inb o n d s, bonds, name, | ers, otherdorsers, stocks, or stocks, or unsecured. | wise unse- otherwise collaterals, collaterals, cured. unsecured. as secur- as secur- ity. Total. ity. New York City Chicago St. Louis Boston Albany Brooklyn Philadelphia Pittsburg Baltimore "Washington New Orleans Louisville Ciiiciniui ti Cleveland Detroit., Milwaukee Des Moiues St. Paul Minneapolis Kansas City St. Joseph Omaha San Francisco Total of cities 343, 639 911,350 2,598, 504 ^21,801, 257 Maine 1, 004, 929 1, 631, 733 1,529, 096 11, 072,695 New Hampshire 961, 438 549, 871 1, 781, 054 14, 021,599 Vermont 3, 221, 955 7, 614, 676 14,204, 924 105,842, 992 Massachusetts 431, 211 1, 727,214 6, 646, 650 36,590,414 Rhode Island 1, 392, 735 3, 793, 496 6, 565,459 47, 713, 209 Connecticut 3,341,381 4, 412,571 7,090, 510 100,125,119 New York 1, 236, 947 7, 418,122 4, 747, 521 49,133,124 New Jersey 2,632,754 1, 995, 745 11, 395,444 104, 765,732 Pennsylvania 26, 700 465,068 5, 508,812 590,421 Delaware 802, 810 191,945 1,085, 038 9, 654, 589 Maryland 98, 510 623, 695 196, 821 District of Columbia .. 422, 862 1,177, 612 2, 372,002 15, 583, 880 Virginia 38, 225 44,355 414, 218 6,514,405 West Virginia 360, 990 188,160 1, 368, 062 7, 023,005 North Carolina 36, 043 369, 949 2, 775, 788 6,456, 408 South Carolina 181, 047 1, 257, 733 2, 580, 886 10,372, 268 Georgia 93, 223 53, 201 490, 859 3, 784,039 I^lorida 158, 486 842,184 2, 468, 230 8,413,095 Alabama 128, 803 227, 397 699,179 2,851,027 Mississippi 23, 395 108, 079 327, 904 1, 899, 877 Louisiana 1,115, 533 1,340,177 10, 586, 642 44,591,586 Texas 445 268, 042 1,192, 283 3, 599, 547 Arkansas 710,309 336,182 2, 941, 594 19, 935, 037 Kentucky 373, 923 2, 458, 322 3,876, 876 23,101,437 Tennessee 1, 835,096 1, 781, 600 8,134, 802| 67, 516, 438 Ohio 2, 226, 289 541, 477 3, 485, 392| 33, 290,553 Indiana 2, 703, 213 2, 024, 452 6, 697, 829 50, 507,246 Illinois 812, 906 775, 471 3,147,944 33,105,550 Michigan 892, 720 305, 017 2, 612,019 22, 599, 530 Wisconsin 1,142, 507 1,112, 036 6, 881, 380 34,057,516 Iowa 494,408 334,417 3, 010, 624 14, 805,031 Minnesota 194,469 117, 635 1,415, 914 9,477, 325 Missouri 119, 283 313,745 8, 563, 328 23, 221,588 Kansas 413,043 325, 936 5, 238, 927 21,308,498 Nebraska 881, 1, 383, 067 4, 592, 420 24, 769, 887 Colorado 334,402 623,959 100,841 32, 252 Nevada 1, 800. 806 2, 357, 987 3,137, 751 14,865, 207 California 543, 232 549, 238 11,282, 325 1, 937, 703 Oregon 11, 904 222,955 21,395 36, 395 Arizona 42,106 100, 322 5, 540, 204 3, 579,090 North Dakota 60, 997 4, 814,823 325, 762! 2, 206, 673 South Dakota 166, 946 1, 316, 720 43, 286| 230, 259 Idaho 526, 220 433, 830 1, 919, 855 14, 589, 428 Montana 53, 677 2,469,110 498, 713 98, 910 New Mexico 4,792, 230 201,582 1, 363,553 Utah 596, 843 1, 315, 084 2, 776,195 14, 579, 368 Washington 3,186, 540 834,484 88, 019 6,119 Wyoming 199,450 48,506 Oklahoma 194,474 35,784 14, 200 Indian Territory 35, 679, 262 54, 065,103162, 943,757 1,074,914,803 Total of country banks Digitized forUnited FRASER 3,677 281,453, 347 1,068,922, 313 58,435, 258 266,281,195 314,262,127 1,989,354,240 States 49 $25, 125.313 $116,957,046 $2, 925,418!$113,787,196 $42, 783, 829 $301,578,802 21; 17, 937, 791 34, 889, 300 3,704,939 13,525,6381 17,508,229 87,565,897 14, 617,141 27,864,107 91 2, 093,451 558, 571 3,999,711! „, .,.,„, , ^ 6,595,233 70, 279, 920 6,206,254 26,011,674 22, 656,154 146,592, 345 56 21, 438, 343 392, 867 4, 593, 380! 504,524 9,491, 712 6i 418, 229 3, 582. 712 451, 000 8,612,712 3, 894, 967 172, 075 3, 373| 729 720, 941 5! 437,232 17,989, 375 92,187, 973 37, 721, 244 1, 473. 653 16, 566, 469 43! 18, 24, 532, 342 " '' 944 ~ '' 4, 699, 279 6, 526, 501 37,902, 372 744, 26i 1, 399, 306 699,989 4, 865, 778 31,292,615 13, 817, 395 928, 023 4, 981, 430 22i 6. 39,950 7,363, 297 4, 557, 630 118,132 2, 058, 736 588,840 12! 945, 80l| 15, 096,196 6, 424, 939 36, 404 3,150, 907 4,538,145 771, 685 5,191,839 958,855 4,401, 236 11,325,090 1, 475 422, 260 14, 350, 794 897,130 3,512,139 4,038,149 28, 220,472 634, 531 13, 870, 705 654, 423 2, 704, 099 2, 201, 744 21,065,502 649, 937 10,871,193 1, 009, 874 1, 398, 311 1,154, 795 16,084,110 513, 775 544, 516 5, 201, 386 3, 251,113 891, 982 476,278 485, 323 2,130,590 1,102,850 """41," 517 24, 616 507, 948 5, 071, 902 110, 832 813,278 1, 564, 510 13, 068,470 604, 372 5, 981, 916 647,465 579, 217 1,695,922 12, 508,892 346, 517 5,485, 335 438,005 1, 289, 224 6,296, 689 16, 855, 770 2G8, 524 917, 372 5,126, 241 2, 462, 630 237,511 240, 204 697, 649 5, 404, 355 25,200 509, 765 2,519, 525 11,156,494 186, 271 221,040 6,148,392 778, 238 1, 405, 922 3, 556, 921 344:122,040,791) 406,108,180 227755, 996 212, 216, 092 151,318, 370 914,439,437 148 REPORT OK THE COMPTROLLER OK THE CURRENCY. T A B L E , B Y STATUS, T E R R I T O R I E S , AND R E S E R V E C I T I E S , E X H I B I T I N G T H E AMOUNT O F EACH KIND OE C O I X AND C O I N C E R T I F I C A T E H E L D BY T H E NATIONAL BANKS ON OCTOBER 4, 1888, S E P T E M B E R 30, 1889, OCTOBER 2, 18(J0, AND S E P T E M B E R 25, 1891. OCTOBER 4, 1888. States, etc. Gold coin. Silver coin. Gold Gold Silver TreasclearingTreasu r y cer- house cerury cerDollars. Fractional. tificates. tificates. tificates. Total. Maine New Hampshire Vermont Massachusetts Boston Rhode Island Connecticut $608,811.76 272,931.70 324, 242. 49 2, 075,139.18 3, 99"), 172. Oil 6, 399, 863. 35 1,288, 182.11 $8,400 7,780 7, 600 239. 520 619, 800 67,670 182, 770 71,483 40, 823 315,188 108,687 59 372 134^ 863 $28, 894. 91 28, 661, 80 28, 023.36 200, 543.74 81,047. 76 44, 740. 69 103, 636. 67 Division No. 1.. New York New York City .. Albany .... 8, 964, 342. 68 7,133,540 766, 504 515, 548.93 1,063, 845 18, 443, 780. 61 3,489,057.48 1,216, 790 7,138, 669. 5064, 305,120 402, 960. 50 535, 700 1,091,490.5! 309, 470 3, 748, 764. 42 284,160 2, 264, 915. 00 172,450 $8,890 000 2,130, 858. 70 823,100 385,126 266, 313. 30 255, 317 5, 612, 603. 78 362,233 219, 845. 64 1, 771, 348 73,797, ] 9(5.14 18, 500 8,171.00 14,000 979, 331. 50 194, 805 107, 949. 01 171, 323 1, 875, 037. 60 541,141 251,439.41 191,152 5, 016, 656. 83 346,946 169, 237.19 548,152 12,391,700.19 154,299 38, 003. 53 94,708 3, 240, 969. 23 New Jersey Pennsylvania Philadelphia Pittsburg $35, 303 $717,497. 67 16, 432 397, 288. 50 5,045 405, 733. 85 140,162 2, 970, 552. 92 693, 321 11, 498, 027. 85 87,102 658, 748. 04 86,480 1, 795, 931, 78 Division No. 2.. 20, 206, 716.19 67, 646, 790 8,890, 000 2, 003, 030 1, 060, 959. 083, 046, 000 102, 913, 495. 27 Delaware 131,453.50 Maryland 322, 302.12 Baltimore 1, 385, 293. 50 District of Columbia.. 96, 471. 00 Washington 201,783.00 394, 598. 00 Virginia 225, 096.13 West Virginia 22. 640 44,180 468, 680 116,500 531,040 9,480 10,400 Division No. 3.. 2, 756, 997. 2." 1, 202,920 North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee 160, 598. 108, 983. 144, 273. 39, 353. 306, 792. 64, 869 12, 480. 123, 412. 481, 531 33, 175. 389, 062. 290, 748. 392, 423. Division No. 4 . . 2, 547, 730. 69! Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee 2,422, 423 369, 097. 729, 780. 1, 729, 041. 1, 972, 5029, 757, 108. 1,154, 512. 972, 174. 785, 011. 455, 377. 55, 3. 19, 4, 4. 127, 139, 14. 41, 1, 1.17, Division No. 6. 1, 240, 1, 794. 220, 487. 1, 054, 89, 967, 595, 881, 7, 332, 326. (57 177,025.81 50, 873 63, 841 191, 526 46, 468 52, 607 32,122 26, 565 114,592 416, 152 25, 523 67, 570 43, 630 215, 062 17, 418. 19,142. 24, 005. 16, 552. 13,180. 8, 503. 16, 668. 61, 523. 49, 749. 7, 572. 15, 984. 5, 022. 39, 858. 529, 290 II, 346, 531 292. 60, 39, 205, 247, 215, 135' 45, 93, 20, i,080 s880 i, 000 000 2TA, 200 50, 260 24, 260 15, 960 32, 950 29, 751. 35, 612. 29 39, 337.36 5, 260. 50 14, 974.50 42,127. 05 9, 963.02 341,497 146,640 271,000 180, 000 113,250 198,920 !, 426, 750 29,340 5, 960 12, 300 100,000 Division No. 5.. 20, 347, 939. 72 3,484,160 Iowa Minnesota Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha 46,450 69, 251 101,058 4, 060 13,165 87, 756 19,157 37, 894 65,154 249,872 6, 980 192,624 84,470 8, 309 268,188.59 536, 499. 41 2,244,840.86 229, 271. 50 953,586.50 618,431.05 272, 925.15 645, 303 5,123,743.06 228, 899.10 10 200, 948. 05 8,562 531, 923. 66 116,619 107, 338. 39 1, 385 437, 392. 36 45,293 149, 680.15 40,185 136, 949. 05 76,730 933, 120. 85 505, 643 218, 363 1, 305,386.15 120, 750.10 40, 210 550, 901.69 36, 895 342, 300.75 1, 400 713. 85 72, 270 295,181.46 1,163, 571 5,882, 304.15 116, 657. 86 11, 671.75 14, 904. 91 62, 733. 104, 820. 92 254, 807.10 45, 064.67 53, 500.36 46, 524. 54 9, 040.00 45, 973 3, 023, 827. 66 869, 721. 25 156,500 988, 826.41 25,000 40, 37t 2,150, 521. 51 98,558 2,621,931.42 416, 725 13, 071, 241. 60 20,575 1, 385, 425. 60 12, 535 1, 089, 554. 86 949, 014. 41 11,371 593,184.00 8,534 jl, 355, 276 719, 726.00 836,147 26, 743, 248. 72 74, 774. 07 91, 569. 40 8, 621. 51 7, 878.00 38, 738. 97 3, 668.70 48,451.10 22, 980. 85 28,685.12 58, 790 12,160 8,587 92,400 87,120 26, 327 63, 947 32, 582 11, 540 1, 626,264. 65 2,169, 216. 64 281, 414. 51 962, 497. 00 1,504, 628. 47 174, 373.70 1, 238,505. 90 736, 498. 30 1, 022,2C8,22 325, 367. 72 393, 453 9, 715, 607.39 149 REPORT OF THE COMPTROLLER OF TTIE CURRENCY. T A M O U N T O F E A C H K I N D O F COIN A N D COIN" ( • E i r r n i< \ i\<: H E L D B Y T H E N A T I O N A L BANKH, ETC.—(JoiitiuIUMI. OCTOBER 4, 1888—Continued. States, etc. Gold coin. Colorado Nevada California San Francisco ... Oregon Arizona $1,334,134.65 40, 727. 50 2, 28(5,137. 90 928,622. 50 875, 572. 50 14,010.00 Division No. 7. Dakota Idaho Montana New Mexico Utah Washington Wyoming 5,485, 205. 05 Division No. 8. 2, 521, 647. 70 Gold Gold Silver coin. Treasclearing^ ury cer- house certiti'eates. tificates. Dollars. Fractional. $G,490| GO! 122,1801 3, 6501 12,1901 144,570 $74, 4.r 5, 629 113,289 $180, 000 180,0001 17 240 40 1 55 10 220,5521 105, 237. Of 14,04:5 50 879 0 702 48 58!) 630i 600 000 500 700 52, 220! Total. ,455,536.21 55, 540. 59 2, GIG, 790. 98 1,142,170. 82 20,843 85,046! 42 344 4 0,117 32,224 2,100 5, 009 8, 895 792 168 271 50, 844. 74 64, 933 213 .. $11,698; 285 i 21 154 90 1,217.35 11. 744.00 4. 597. 45 804. 29 4,801.40 8 600 127, 330 18, 034 500' $28, 750. 5G 2, 845. 09 42, 904. 08! 15,255.32! 13,979.80 1,437.10 Silver | Treas- i ury cer- j tificat.es. I 6,220,601.00 9, 490 2, 939, 026.44 U n i t e d S t a t e s . . 70,222, 905. 95 81, 088, 790 9, 070, 0007, 051, 931 3, 255, 891. G9 7,298, 298 177, 987, 816.64 SEPTEMBER 30, 1889. Maine New Hampshire Vermont Massachusetts Boston Rhode Island Connecticut $4, 8301. $611,151. 51 5,300|. 276,224.05 317, 710. 80 10,210'. 2, 201, 966.47 294,200;. 4, 457, 576. 00 5, 369, 820!. 421, 327. 25 89, 560]. 1, 305, 898. 51 262,820 . $39, 928 50, 872 25,589 252,370 87, 897 41, 795 91, 519 $30,167. 511 37, 729. 89; 39, 073. 09i 247,212.02! 80,117. 54 71,292.71 112,373. 23 Division No. 1. New York New York City . Albany New Jersey Pennsylvania Philadelphia Pittsburg Division No. 2.. Delaware Maryland Baltimore District of Columbia. Washington Virginia West Virginia 9,591,854.59 6,036, 740 595, 970 629, 966. 59 1, 260,127 18,120,658.18 253,903 220, 099 17, 100 104, 231 404, GO; 217, 42: 119,502 207, 762. 70 302,524 5,153, 357. 34 255, 580. 02 2, 589, 798 59, 087, 892. 52 824, 030. 70 6, 047. 00 21,482 172, 035. 3fi 290, 980 1,834,170.77 389. 397 5, 142,595.90 267. 083. 43 757,031 10,197,793.02 182,801.02 179, 570 3, 009, 497. 95 52, 007. 95 Division No. 3. North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee Division No. 4. 3, 232, 797. 7, 096, 549. 329, 347. 1, 071, 654. 3, 670, 770. 1, 573, 046. 1,743,812 64 1, 036, 370 5i~ 18, 925, 260 70 450, 000 42 189, 270 53 350, 740 00 467, 430 $7, 000, 000^ 00 974, 000 1 $40, 030 $732,113.02 25,014 401, 139.94 12,650 405, 233. 49 250.783 3, 246, 531. 49 703,018 10, 704, 428. 54 700,113.90 70,139 158, 487 1,931,097.74 18,717,977.79 52,393.070] 7, 000, 000 1, 397,531 1, 203, 983. 47| 4,596, 788 85, 309, 350.26 138,871.00 11,890 301, 597. 97 50,670 1, 024, 545. 50 1, 343, 040 98, 840. 50 90, 000 108, 076. 00 601, 020 8,730 311,021. 50 216,166. 68 13,800 2,199,119.15 2,119,150 155, 029. 76 95,171. 00 215, 454. 38 46, 536. 90 163, 601.50 33, 641. 50 15, 267.50 68, 241. 00 472, 210. 55 34,144. 50 444, 211.50 330,711.50 454,167.50 2,528,389.C 225, 000 225,000 42,155 41,350 54,394 3, 783 11,247 79, 684 13, 778 22, 915. G4 41, 876. 02 42, 230. 88 1, 481.25 19, 582. 00 35, 629. 83 Hi 744. 25 71,120 77,104 287, 840 9, 891 201,611 84,927 15, 856 512, 2, 977, 203, 941, 519, 246, 391 175, 459. 87 748,349 5, 713,469.02 4,441 38,096 1.17, 964 1, 403 88,315 40, 703 52,074 415, 410 281,188 43,681 30, 814 45, 285 88, 574 263, 215, 489, 108, 401, 124, 98, 627, 1,118, 135, 601, 471, 821, 570 21,920 13^170 1,800 8,040 58, 900 71,: 12, 200 41,370 63, 500 118,060 412,680 935, 520 347, 298.78 1,254,068 280,951.64 597. 050. 995. 536. 992. 99 38 75 00 33 271,344.93 277. 85 430.90 717.19 812.00 '82. 05 504.05 461.85 162.15 226. 50 660.15 273.21 917. 40 735. 37 5,477,961.87 150 REPORT OF THE COMPTROLLER OF THE CURRENCY. AMOUNT O F E A C H KIND O F C O I N AND (JOIN C E R T I F I C A T E HELD B Y T H E N A T I O N A L BANKS, ETC.—Con tinned. SEPTEMBER 30, 1889-Continued. States, etc. Ohio Cincinnati Clevelan <1 Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Gold coin. Gold Gold Silver Silver coin. Treas- clearing Treasury eer- H U i S l ' C t l | u r y certiiioates. tiiicatrs. Dollars. Fractio:nal. tificates. $254. 50, 31, 151. 211, 221. 118, 50, 00, 12, $2,425, 974. 67 $109,300 312, 000: 317, 7:59.00 240,001)' 0:51, 080.00 250,750, 1,080, 014, 09 ] 90, :{•)() 1,837, 007. 81 11, 594, 795. 00 2, 022, 000: 062.09 119, 240! 1,082, 57, 370| 995, 425.50 11,880i 806. 332.15i: 120,000; 002 185. 00 $151, 936. 95 17, 977. 40! 6, 834. 971 99, 572. 80! 144, 057. 04| 135, 375.191 73, 202. 97| . 54,499.05 49,830. 25J 7, 820. 00 $70, 972 292,400 25. 000 84, 679 . 98,129| 769,1501 34,005 61, 423 22, 825 6,700 Total. $3, 018, 709. 62 990, 824. 40 935, 243. 97 2, 272, 998. 49 2,481471.45 15, 342, 793.19 1,347,124.06 i, 219, 714. 55 951 759.40 748,874.00 Division No. 5 Iowa Minnesota Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha 902, 1, 752, 251. 1,001, 1, 284, 148, 849. 540 950, Division No. 6 591,643 10,208,561.68 28, 790 5 0 | 24,550 s $110,000; 140, 410| 40, 000! 1,390 ' Colorado Nevada California San Francisco.. Oregon Arizona 43, 207. 80 3, 713. 65 52,423. 33 4, 800. 00 24.138. 23 1, 076.70 Division No. 7 Dakota Idaho Montana New Mexico Utah Washington 26, 778! 9, 2201 47, 285' 13, 0021 19, 003; 51, 079 7, 030 Wyoming 159,990 Division No. 8 United States OCTOBER 2, Maine New Hampshire Vermont Massachusetts Boston Rhode I s l a n d Connecticut 173,45 Pittsburg 3, 614, 569. 87 067,062 164, 326,448. 84 1890. $41, 820' $602, 874.89 4,150! 268,771. 25 316, 702. 81 12,120! 2, 306, 246. 38 330,130, 3,651, 524. 50 6, 538, 790 403, 039. 36 156, 540 1,384, 923. 24 288, 270! Division No. 1 . . 8, 934, 082.47 7, 371,820 New York N e w Y o r k City . Albany Brooklyn New Jersey Pennsylvania Philadelphia , 298 71,601, 529. 94:66, 010,950j 7, 375, 000 5, 543, 006 3,728, 900. 630,170 3, 060, 378. 34 8,631, 003. »5,551,59() 415, 144. 50 511,000! 132, 848. 00 584, 200; 1,107, 601.91 256, 520 3, 929, 012.10 402,830! 1,731, 829. 50 3,150, 210 ;$3,150, 000 90S, 380 1, 738, 876. 50 $48, 059 56. 098 30, 081 293, 386 80, 266 36, 931 104, 210 649, $39,218.33 49,127. 21 37, 316. 78 252,934. 59 92, 004. 01 80, 276. 60 117, 233. 67 $799,856. 22 55, 647 433, 793. 46 28,414 424, 634. 63 369, 949 3, 552, 645. 97 996, 026 11, 358, 610. 51 140, 846 817, 632. 96 283,495 2,178,131.91 18, 111. 19 1,942, 261 ', 565,305. 66 276,835. 54 255, 873 510, 675. 88 328, 370. 03 3, 681, 745 78, 459,940.03 8, 554. 75 16, 792 966, 921. 25 32, 783. 20 944, 035. 20 180, 871! 183, 705. 67 208, 314. 58 444, 6431 314,143.18 617, 917. 28 480, 232! 281,162. 31 923,777 553,729.81 218, 761. 65 70, 891.15 314, 846 Division No. 2. 20, 806, 693. 85 71, 992, 900 3,150, Q00 1, 735, 477 1,496,445.83 6,298,779105,480,295.68 REPORT OF THE COMPTROLLER OF THE CURRENCY. 151 AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE HELD BY THE NATIONAL BANKS, ETC.—Continued. OCTOBER 2, 1890—Continued. States, etc. Gold coin. Silver Gold Gold Silver coin. TreasTreas- clearingury cerury cer- house certificates. tificates. Dollars. Fractional. tificates. $7,000 $156, 931.14 Delaware 67,450 294,910. 81 Maryland 457,112. 50 2, 260,200 Baltimore District of Columbia - 103, 923.50 110, 000 108,436.50 1,131,890 Washington 47, 680 369,895.00 Virginia 14, 850 257,912.28 West Virginia $30, 291 $25, 558.11 51, 340 48, 257.85 75,102 50,451.38 7,287 5, 485.75 7,863 42,164. 55 74, 555 35, 531. 80 24, 910 20,057.17 Division No. 3.. 1, 749,121.73 3,639,070 North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana New Orleans Texas Arkansas Kentucky Louisville Tennessee 27, 627 57, 233 123,653 71, 554 95, 971 34,836 25, 520 56,915 352, 724 31,451 76,660 26, 548 201,882 816,180 304, 698 69,236 25,466 214, 933 222, 857 197,478 117,510 40, 353 71,724 21, 948 193, 018 47,"-'104,950 46,002 57, 679 27, 22i 123, 995 12,168 150,993 72, 475 88,490 Division No. 6.. 8, 710, 406. 552, 343,850 924,689 1,920,630. 91 40,932. 50 1,800, 211. 50 843, 042. 50 1,301, 926. 50 49,770.00 31, 550 220 57,140 2,000 2,270 340 $29,000 290,000 92, 634 3,787 100, 966 11,000 17, 729 1,800 Division No. 7.. 5, 956, 513. 91 93, 520 319,000 227,916 North Dakota South Dakota Idaho Montana New Mexico Utah Washington Wyoming Oklahoma Indian Territory Division No. 8.. United States.. 162, 277. 90 186,939. 90 98, 263.40 668, 908.05 214, 217. 50 444,215. 50 1,626, 303. 80 218,145.00 11,485. 00 1,457. 50 3,632,213.55 26, 070 17,100 2,070 60, 320 119, 000 56,790 2,140 150 283, 640 243, 798.50 8,172 13, 486 320, 273. 08 123,989 776, 147. 79 4,635 124, 087.63 65,369 495, 128. 55 30,054 127, 252.15 53,915 116, 000.45 424,191 971, 514.48 355, 980 1,725, 375.27 36, 519 131, 786.99 41, 829 744, 660. 00 32,296 322, 360.05 704.02 99,422 150, 806. 22 27, 373.89 15,010.25 111, 890.35 143, 473. 63 216,478. 72 85,285. 85 46,908.05 60, 399. 08 7,820.00 125,131 172, 950 22, 032 175,912 148, 488 527, 516 66, 559 49, 720 52,137 7,891 3,105, 257.59 1,020, 279.49 1, 026,473.75 2,580, 612. 93 2, 559,343.18 17,006, 659.22 1,487, 303. 89 1, 075, 888. 55 1,120,286.78 879,659.00 1, 286,203 865,446.04 1, 348,336 31,861,764. 38 67,350 1,192, 871.10 4,840 651, 600.70 1, 017,869.45 30, 000 739, 050. 25 11,120 257, 992. 50 497, 523. 50 1, 848,790 886, 925.00 152,430 71, 260 162, 267. 50 97, 500 856, 101. 30 24,170 636, 827. 75 36, 390 1,811, 377. 50 Colorado Nevada California San Francisco Oregon Arizona 23,101.20 24,123.73 32, 397.10 18, 243. 98 23,156.55 19,943.15 13,295. 45 34, 445.98 84,456.12 17,965.99 33,482.20 10, 348.05 55, 865.52 1,182,574 390, 836.02 1,289, 857 6,988,088.06 2, 420,812. 37 103, 810 275,719. 60 475. 000 786, 965. 50 177, 000 1, 932. 387. 58 145,490 1, 807, 274. 55 237,250 10, 849, 786. 50 5,215, 400 59, 250 1,158, 699. 04 822, 327. 50 116,580 39, 840 896,186.70 617,000.00 225, 000 Division No. 5.. 21, 567,159. 34 6,794, 620 Iowa Minnesota St. Paul Minneapolis Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha $85,829 $305,609.25 110,370 572, 328. 66 381, 720 3,224, 585. 88 13,792 240, 488.25 297,724 1, 588, 078.05 129,120 656,781.80 21, 340 339,069.45 271, 348 227,506.61 1.039, 895 6, 926,941.34 560 184, 338. 30 2,080 223, 350. 35 422, 448. 69 73,660 29, 654.65 289, 812.00 * "2*6," 820 2,700 39.719. 00 15,740 7, 530. 00 154,462. 50 301,500 737,805.15 194, 410 15,830 30, 010. 00 548, 288.80 44,400 218, 568.00 34,600 422,654. 50 109,880 Division No. A.. 3,308, 641.94 Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Total. 13, 263 14, 870 2, 098 56, 132 12, 265 20, 288 80, 906 9, 016 846 2,612 90, 547. 24 34,221.15 65,461.05 25,192. 00 23, 049. 05 14,413.14 33, 585.12 7, 222.05 67, 525.70 44, 779 37 24,460. 70 117, 644 27,443 118,105 11, 200 40, 972 672,484 170, 276 44,439 107, 719 73, 640 37,506 1,661.430.34 765, 802.85 1,306,385. 50 851,444. 25 390,812.55 3, 060,431.64 1,367, 211.12 297, 356.55 1,279,839.00 851,892.12 1,998,224.20 430,456. 57 1,421, 428 13, 830, 830.12 42, 211. 00 4,459. 20 50,488. 30 5, 570. 00 20, 640. 20 1,113.70 124,482.40 12, 779.40 11, 517. 30 1,341.25 34, 918.99 6,022. 60 13, 392. 31 30, 841. 54 5, 327. 95 821.08 360.42 212, 296 117,322.84 40,113 218 28,831 8,000 16,999 520 2,127,138.91 49, 616.70 ••2,066, 636.80 1,159, 612. 50 1,359,564.70 53,543. 70 94, 681 6, 816,113.31 42, 774 23, 047 3,801 30,487 48, 739 31, 682 5,251 4,545 3,721 257,164. 30 253,474. 20 107, 573.65 850, 766.04 232, 505.10 645, 634.81 :, 826, 523. 34 239,879. 95 17, 847.08 8,150.92 194, 047 4,439, 519.39 74,664,833.3493,335,600 3,469, 000 6,489,534 4,320,607. & 13,629,284195,908, 858.84 152 REPORT OF THE COMPTROLLER OF THE CURRENCY. AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE HELD BY THE NATIONAL BANKS, ETC.—Continued. SEPTEMBER 25, 1891. States, etc. Gold coin. Maine New Hampshire Vermont M assachusetts Boston Rhode Island Connecticut Gold Gold Silver Silver coin. Treas- clearingTreasury cer- house cerury certificates. tificate*. Doll ars. Fractional. tificates. $686 071 30 $48,770 274, 384.50 25, 790 334, 232. 20 18,110 2,451,009.49 268, 250 3, 414, 499. 35 3, 835,130 419, 431. 90 210, 670 1, 520, 844.90 351,440 Division No. 1.. 9,106, 473. 64 4, 758,160 New York New York City . . Albany Brooklyn New Jersey Pennsylvania Philadelphia Pittsburg 3, 226,137. 64 665, 770 9, 845,117. 00 37, 523, 360 348, 577. 00 454, 000 126, 711. 50 392, 000 1, 253, 476. 56 302, 290 4, 307, 482. 36 487, 960 1, 872, 449. 00 1, 740, 720 $6, 675, 000 2,203,511.50 515, 580 Total. $37, 428 57, 414 30,175 230,782 63, 776 41, 332 77, 653 $40, 981.04 $90, 391 $903, 641.34 43,181,41 71,550 472,319. 91 48, 748. 68 45, 545 476,810.88 273,482. 61 490,108 3, 713, 632.10 131, 608.95 1,481, 759 8,926,773. 30 83, 205. 28 187, 918 942, 557.18 123, 855.48 313, 274 2, 393, 067. 38 538, 560 745,063.45 2, 680, 545 17,828,802.09 261,779 305,934.46 328, 675 155, 216 401,567.49 5, 871, 631 19, 700 10,103. 50 19, 911 2,455 43,268. 53 271, 562 152, 978 193, 418. 26 528. 855 506,752 328, 988.46 686; 739 264, 836 268, 583. 55 1, 651,178 119,402 69, 718.85 237, 345 4, 788, 296.10 53, 796, 891, 49 852, 291. 50 835, 997. 03 2,431, 017. 82 6, 317, 921.82 12,472, 766.55 3,145,557.35 Division No. 2.. 23,183, 4G2. 56 42,081,680 6, 675, 000 1,483,118 1, 621, 583.10 9, 595,896 84, 640,739.66 Delaware Maryland Baltimore District of Columbia . Washington Virginia ....... West Virginia 128,212.00 14,980 368, 635. 46 •66, 550 596, 612. 50 1, 271, 650 117, 559. 50 120, 000 136, 071. 40 1,234,180 535,150.34 59, 730 273,613.68 15, 340 36, 235 45,342 84,218 2,735 17,946 91,024 24,683 Division No. 3.. 2,155, 852. 88 2,782,430 302,183 North Carolina South Carolina Georgia . . . . . . Florida Alabama Mississippi Louisiana !New Orleans Texas Arkansas Kentucky Louisville Tennessee 266, 716. 86 66, 441. 85 . . . . 237,152.80 62, 301. 40 221,738. 50 53, 490. 50 28, 499. 50 187, 836. 50 949, 942. 20 70, 445. 00 536,133. 67 319,407. 00 538, 586. 50 4,420 500 18,880 2,550 23,400 3,540 4,040 258, 320 80,460 17, 950 48,990 24,800 92,840 Division No. 4.. 3,538, 692.28 580, 690 Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit..'. Wisconsin Milwaukee 2,801,760.86 165,840 353, 328. 50 747, 450 743, 412. 50 266,000 2, 261, 623. 30 395, 930 2, 423, 284. 75 407, 290 13, 018,145. 50 5, 449,500 69, 700 1, 384, 866. 09 38, 000 725 296 00 45,300 1, 284, 673.74 170, 000 674, 530.00 Division No. 5.. 25,670, 921.24 7, 755, 010 Iowa DesMoines Minnesota St. Paul Minneapolis Missouri St. Louis Kansas City St. Joseph Kansas ... Nebraska Omaha . . . . 87, 260 1,308, 988. 24 112, 710.00 735, 091. 94 20,300 1, 714, 857.97 14,000 616,167. 50 304, 751. 00 is,'030 3,437,512.00 1, 412, 350 1,038, 627. 50 178, 640 195, 733. 50 27, 080 1,115, 800. 05 45, 210 771, 823. 90 26,660 1,672, 940. 40 43,500 Division No. 6 . . 11, 025, 004. 00 1,868, 030 31, 758.45 50, 316. 09 59,786.89 2,151. 75 22, 667. 30 67, 721.30 24, 359. 81 99,319 113,452 667, 738 22, 892 385, 291 120, 797 32,132 310, 504.45 644,295.55 2, 680, 005.39 265, 338.25 1,796,155.70 874,422.64 370,126.49 258, 761. 59 1, 441,621 6,940, 848.47 36, 255. 48 42,276 33, 700. 25 45,155 89, 823 44, 567. 30 49, 813 22, 598. 95 24, 789.75 79,710 9, 580.95 21,465 38, 781 18, 327. 50 38,571.95 74,992 395, 071 102, 383. 91 4,942.30 22,383 37,181.86 70,747 10,319.35 40,197 62,196.31 204,343 364, 758. 34 15,090 153, 258.10 7,461 517,407.10 126,984 150, 864.35 13, 571 428, 612.25 78, 974 120,449.45 32, 373 135,174.00 45, 526 626,495 1,186, 215. 45 491,866 2,019, 723.11 141, 061.30 25, 341 756, 422. 53 63,370 408, 923. 35 14, 200 981, 516. 81 83, 551 445,415.86 1,624,802 7,364,386.14 168,081 283, 858 176,114.08 29,437.74 470, 212 67,766 23, 507. 00 28,621 34,045 219,825 220,358 124, 001.38 249,155 280, 268 187,171.87 222,513 201,863.25 1, 250, 591 92, 223.39 93,171 127,808 37, 310. 00 94, 797 33,017 74,814.01 61,831 87,007 12, 722.02 40,754 16, 230 3,595, 653.94 1,668,194. 24 1,095, 585.50 3, 221, 737.68 3, 547,169. 62 20,142, 612. 75 1, 767, 768.48 928,420. 00 1, 553, 625.75 914, 236.02 1,174,786 1,372,870 177,690 18,404 54,611 30,906 53,091 62, 396 37,117 141,931 21,533 133,377 78, 552 91,303 959,164.74 2,677,038 38,435, 003. 98 99,872.20 9,522.35 37, 661.04 18, 063.95 23, 045.65 35,253.18 16, 771. 70 34, 862. 35 10, 657. 20 63,423.52 45,625. 84 42, 766.26 111, 529 1,785, 339.44 190, 636. 35 50,000 900, 967.98 53, 304 227,210 2, 005,037.92 874, 054.15 181,750 457, 535.18 42,105 832,430 3,736,180.70 264, 032 1,658,092.85 327,754.70 72,751 134, 639 1,492,449.57 994,157.74 71,496 52,193 1,902, 702.66 900,911 437,525.24 2,093,439 16,324,909.24 REPORT OF THE COMPTROLLER OF THE CURRENCY. 153 AMOUNT O F EACH KIJNJD UK COIN AND COIN ('KRTIFICATK HELD BY THE NATIONAL B A N K S ; ETC.—Continued. SEPTEMBER 25, 1891—Continued. Silver Treasury cerDollars. Fractional. titicates. Silver coin. States, etc. Colorado Nevada California San Francisco Oregon Arizona Gold coin. $1,886,841.60 37, 210. 00 1, 701, 882. 50 1, 026, 225. 00 1, 409, 640.97 36,130. 00 $52,720 21, 890 "*4,"230 Division No. 7.. 6, 097, 880. 07 78, 840 185,076. 72 175, 387. 50 128, 6:50. 90 738, 850. 00 145, 850. 00 526, 641. 35 1, 550,485.60 217,156. 00 6, 385. 00 5, 647. 50' 25, 800 19, 400 260 64,200 North Dakota South Dakota Idaho Montana NeV Mexico Utah Washington Wyoming Oklahoma Indian Territory Division ]^o. 8 . . 3, 686, 060.57 $35, 000 590, 000 101,400 57, 580 190 208, 830 625, 000 1,770 98,455 13, 000 18, 037 2,927 $52, 031.04 2, 015. 45 74, 232. 40 23, 200. 00 34, 693. 98 1, 766. 85 342,873 Total. $5: 516 $2,252,792.J34 280 19,925 3, 000 13, 675 41, 275.45 1,951,334.90 1, 655,425.00 1,480, 276. 95 40,823. 85 187,939. 72 89, 890 7, 421,928.79 ~~11,882 ~13/713T20 20, 557 10,172. 39 9,150 5,211. 75 48, 915 45, 281, 69 13, 492 6, 343.15 40, 558 21, 825. 36 71, 538 53, 877. 93 11, 355 5, 883.65 709 101.25 5,116 886. 60 41, 002 39, 712 13, 885 42, 690 2, 041 18, 716 35, 985 6,467 720 5,780 277, 473.92 265, 228. 89 157, 137.65 939, 936. 69 167, 726.15 709, 140.71 L, 775, 416. 53 241, 051.65 7, 915.25 17, 430.10 233, 272 163, 296.97 206,998 4,558,457.54 United States . • 84,464, 347.24 60,173, 670 7,300,000 6,348, 573 4, 818, 750. 67 20,409,735 183,515,075.91 154 REPORT OF THE COMPTROLLER OF THE CURRENCY. LAWFUL, MONEY RESERVE OF THE NATIONAL BANKS, AS SHOWN BY THE Cities, States, and Territories. New York city Chicago . St. Louis Total of central reserve cities. Boston Albany Brooklyn Philadelphia Pittsburg Baltimore Washington New Orleans Louisville Cincinnati Cleveland Detroit Milwaukee Des Moines St. Paul Minneapolis Kansas City St. Joseph.'. Omaha San Francisco Total of other reserve cities... Total of all reserve cities . Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Ohio... Indiana Illinois Michigan. Wisconsin Iowa Minnesota Missouri Kansas Nebraska Colorado Nevada California Oregon Arizona North Dakota South Dakota Idaho Montana New Mexico Utah Washington Wyoming Oklahoma Indian Territory Total country banks . Total United States .. No. of banks. Deposits. $327,761,384 92, 865, 969 _ 24, 260, 749 444,888,102 495,872 10, 686,871 10, 225,540 93, 529, 989 34, 285, 416 23, 514, 343 9, 834, 631 13, 839,015 7, 552,522 28, 755, 787 15, 169, 503 16, 097, 679 6,, 954,754 1 977,460 12, 321,956 042 10, 486, 16, 371,215 4, 562,484 12, 974, 838 275,080 2 910,997 265 344 896, 799,099 12,503,627 8,634,875 8,129,300 66, 415,697 18, 533, 035 31, 301, 527 87, 586, 207 47, 235, 037 95,852,244 4, 569,478 9, 370,164 934,176 14,153,025 5, 718, 727 4,541,394 3,126, 202 5, 438,450 3,629, 855 5, 539,387 1,554,241 1,299,606 25,922,276 2,031, 966 12,614,055 14,546, 766 56,511, 269 33,129, 250 51,102,024 27, 978,052 21, 839,162 28,574,496 13, 789, 229 8,065,409 19,035,587 15, 266, 009 24,291, 595 390,223 14,601, 012 10,121,812 305,511 5,233,406 3, 935, 796 1,701, 546 13,440,123 2, 327,455 3,664,455 12, 317, 624 2,685, 833 230,015 119,360 861,837,570 3677 |1,758, 636, 669 Reserve required, 25 per cent. Reserve held. Ratio of reserve. Per cent. 26.26 $81, 940,346 $86, 080, 301 23, 216,492 31,221,153 33.62 5, 781, 308 23.83 ^ ^ ^ 27.-67" 111, 222,025 12370827762" 28.53 29,373,968 33, 526,338 29.93 2, 671, 718 3,198,227 28.25 2,888,666 2, 556,385 23,382,497 29, 795, 310 31.86 28.89 9,902,856 8,571, 354 32.47 7,635,345 5,878, 586 35.80 3, 520,529 2,458, 658 3, 370, 767 24.36 3,459,754 27.86 2,103, 777 1, 888,130 29.83 8, 577,147 7,188, 946 30.92 3, 792, 376 4,689,929 27.98 4, 503,840 4,024,419 37.15 2,583, 461 1.738,689 30.06 594, 384 ' 494, 365 4, 393, 869 35.66 3,080,489 36.98 3, 877,807 2,621, 510 6,118, 393 37.37 4,092,804 1,292,949 28.34 1,140, 621 4,272, 722 32.93 3,243, 710 1,940,316 36.78^ 1, 318, 770 ~307~l 138,786, 632 112, 977, 749 29.20 224,199,774 261,869,394 15 per cent. 29.96 1,875,544 3,745,522 1,295,231 2, 553, 826 29.58 1, 219, 395 2, 272, 036 27.92 24.33 9, 962,355 16,165,070 23.80 2,779,956 4,410,670 29.18 4,695,229 9,134, 784 25.59 13,137, 931 22,410,441 25.16 7,085,255 11,885,036 27.14 14,377, 837 26, 011,961 31.01 685,422 1,417,134 25.71 1,405,525 2,408, 645 44.58 140,126 416,472 22.82 2,122, 954 3,230, 310 857,809 1, 630, 771 28.52 20.30 681,209 922, 062 15.45 468,930 482, 894 25.61 815, 767 1,392, 949 21.79 544,478 791,102 26.22 830,908 1,452, 222 28.37 233,136 440, 901 21.65 194,941 281,324 31.41 3, 888, 341 8,141, 216 25.36 304, 795 515,351 25.75 1,892,108 3,244,024 2,182,015 3, 221, 720 22.15 27.88 8,476,690 15, 754,375 37.71 4,969,387 12,493, 983 29.58 7,665,304 15,118,423 27.09 4,196,708 7, 580,488 3,275, 874 5, 721, 885 26.20 24.76 4,286,174 7,076, 223 2,068,384 4, 514, 623 32.74 28.31 1,209,81i 2,283, 645 35.33 2,855,338 6,725, 952 23.26 2,289,902 3,550,522 31.94 3,643, 739 7, 758,943 16.91 58, 533 65, 975 28.25 2,190,153 4,124,515 20.91 1,518, 272 2,116, 679 21.87 45, 827 66, 817 26.97 785,011 1,411. 622 590,369 1, 040; 920 26.45 22.21 255, 232 377, 961 24.50 2,016,018 3, 293,418 23.15 349,118 538, 891 36.05 549, 668 1,321, 271 25.60 1,847,644 3,153, 551 26.15 402, 875 702,335 48.32 34, 503 111, 153 21.31 17,904 25,432 27.33 129,275, 635 235,508,045 28.28 353,475,409 497,377,439 REPORT OF THE COMPTROLLER OF THE CURRENCY. REPORTS OF CONDITION AT THE CLOSE OF BUSINESS ON SEPTEMBER 25, Cash reservti Required. Held. 1891. Classification of reserve held. Specie. Legal tenders. $81,643,166 $85, 783,121 $53. 796, 891 20,142, 613 23,162, 492 31,167,153 3,736.181 5,761, 058 __6.044, 937 1107850, 595" 122, 711,332 77, 675, 685 8,926, 773 ~ 15, 7677478^ 852, 291 1, 304, 786 835, 997 1,601,903 19, 847, 594 12.472,767 3,145. 557 5, 383, 729 2, 680, 005 4, 816, 425 1,796,156 2,381, 001 1,186, 215 2, 389, 417 408,923 1,281,646 1,668,194 4, 693,308 1, 095, 586 2,118, 586 928, 420 2, 059, 066 1,309,305 914,236 190, 636 268. 999 2,005, 038 2,447, 275 874, 054 1, 620,134 1, 658, 093 2, 765, 001 327, 755 591, 759 1,902, 703 2,621,712 1, 655,425 1, 661, 542 45, 524, 824 25, 750, 902 56,488, 875 167, 339,470 199, 702, 058 123, 200, 509 61, 221, 549 279, 210 903,641 685,026 1,182, 851 186, 822 472, 320 659,142 467,176 212, 624 476, 811 440, 346 689.435 1, 625,196 3,713, 632 3,715, 546 5, 533, 828 584, 621 942, 557 1, 527,178 1,038, 055 804, 424 2, 393, 067 3,197, 491 1,774,] 24 4, 788, 296 2, 757, 792 7, 706, 088 5,0] 0,687 2,411,123 2,431,018 2.762,016 4, 852,141 3, 919, 684 6,317,922 5, 552, 770 10, 247, 606 185,406 310, 504 260, 869 505, 910 294,289 644,296 938, 585 541,102 52,586 265, 338 317, 924 51, 551 958,748 874,423 1,833.171 824, 750 361, 055 370,126 756,181 330, 733 256,142 364,758 620, 900 259, 669 169,594 153,258 322, 852 179, 675 466,414 517, 407 983,821 308, 635 256, 702 150, 864 407, 566 211,741 349, 407 428, 612 778, 019 312,169 157, 270 120,449 277, 719 86, 887 54, 632 135,174 189,806 74, 331 2,930,374 2, 019, 723 4,950, 097 1, 470, 682 94,375 141,061 235.436 116, 898 503,480 756, 423 1,259, 903 709, 656 890, 868 981,517 1, 872, 385 847,106 3,537, 726 3, 595, 654 7,153,380 3, 255, 990 3, 221, 738 2,384, 263 5, 606, 001 1, 915, 673 2,036,904 3, 547,170 5, 594, 074 2,979, 082 884, 794 1, 767, 768 2, 652, 562 1, 633,124 1, 553, 626 617,404 2,171, 030 1, 281,881 1, 785, 339 1,199, 583 2, 984, 922 1, 659, 043 900, 968 302, 537 808, 292 1, 203, 505 457, 535 359, 862 817, 397 462,448 1,492,450 1, 033, 388 2, 525, 838 1,089, 876 994,158 1,443, 979 449, 821 875, 242 2, 252, 793 1,195,214 3, 448, 007 1,429, 558 42, 199 41, 275 924 22,144 1,951,335 143,856 2,095,191 851, 038 1,480,277 47,277 1,527, 554 593,295 40, 824 12, 533 17,423 53,357 277,474 251,549 529, 023 304, 067 265,229 230,695 224,627 495,924 157,138 79,187 236, 325 99,500 939, 937 513, 466 791,003 1,453, 403 167,726 250,261 82,535 133,977 709,141 774, 598 211,543 65, 457 1, 775,417 131, 811 1,907, 228 713,727 276,142 241,052 35, 090 155,525 7,915 12, 902 40, 260 32, 345 20,430 17,430 3,000 6,487 49,560, 267 97,148,625 216, 899, 737 296,850,683 183, 515,075 977615,608 155 United States certificates of deposit. $8,225,000 1,220,000 120,000 9,565,000 880,000 100,000 2,970,000 870,000 10,000 870,000 15,000 5,715,000 15, 280,000 195, 000 160,000 10,000 10,000 10,000 25, 000 20,000 "io,666 440, 000 D u e from reserve agents. Redemption fund with Treasurer. $17,559, 735 1, 815,441 1,262, 813 9,789,212 4,455, 781 2, 765, 320 1,112,528 945, 250 799, 631 3,850, 539 2,540, 968 2,426, 775 1,262,486 318, 635 1,933,197 2,244,173 3,328,642 687, 690 1,632,785 274,274 61,005,875 61,005, 875 $297,180 54,000 20,250 371,430 199,125 18,000 23, 890 158, 504 63, 345 53, 600 27,000 36,100 22,500 33, 300 30, 375 18,000 11,670 6,750 13,397 13,500 24,750 13,500 18,225 4,500 790, 031 1,161,461 2,399,689 lf 767,393 1,464, 070 9,957, 752 2,698, 674 5, 677, 373 14,093,139 6,852, 680 15,268,444 877, 974 1,417, 290 87,298 1,336,060 843,613 269,126 140, 299 364,949 368,411 623,718 147, 265 82,405 2,979,484 267,365 1, 866,153 1,285,087 8, 264, 279 6, 707, 778 9,306,750 4,814, 028 3,479,683 3,952, 735 3, 263,464 1,412,557 4,069,467 2,004, 746 4,241,093 20, 604 1,966, 768 554,091 11,188 859, 255 516,195 135,155 1.801, 503 274,455 525, 861 1,182,998 412,131 68,643 3,315 132,984,453 193,990,328 127,291 118,531 673,490 184,818 259, 920 611,214 180, 215 495,911 33, 250 52, 770 11,250 61,079 30,977 32,036 19,743 44,179 15,125 50,485 , 15,917 9,113 211,635 12,550 117,968 64,248 336, 716 180,204 217,599 113,898 71,172 138,566 47,654 53,691 330,647 101,797 69,843 3,172 62, 556 35,034 2,272 23,344 28,801 6,481 38,512 14,175 20,812 63,325 14,062 2,250 1,687 5,374,967 6,536,428 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 150 REPORT OF THE COMPTROLLER OF THE CURRENCY. LIABILITIES OF THE NATIONAL HANKS, ANTI> THE RESERVE REQUIRED AND H E L D ON T H R E E DATES IN THE YEARS 1886, 1887, 1888, 1889, 1890, AND 1891. STATES AND TERRITORIES EXCLUSIVE OF RESERVE CITIES. Reserve held. Date. No. of banks. Net deposits. Reserve required. Amount. Ratio to deposits. Classification of reserve. Specie. Other lawful money. RedempDue tion from agents. fund. Millions Millions. Millions. Per cent. Millions. Millions. Millions. Millions. 596.1 181.6 89.4 27.7 30.4 45.1 9.8 98.9 611.7 91.8 181.6 29.7 29.7 49.1 9.3 93.5 637.6 95.6 186.2 30.1 29.2 47.8 8.7 99.5 Mar. 1,1886 J u n e 3,1886 Oct. 7,1886 2,518 2,552 2,590 May 13,1887 Aug. 1,1887 Oct. 5,1887 2,676 2,724 2,756 682.8 683. 0 690. 0 102.4 102.4 103.6 198.9 189.5 190.9 29.1 27.7 27.6 51.1 48.9 50.8 32.9 31.3 32.6 107.8 .102. 6 100. 9 6 8 6.6 6.6 Apr. 30,1888 J u n e 30,1888 Oct. 4,1888 2,809 2,829 2,847 707.5 711.8 739.3 106.1 106.8 110.9 193. 9 199.2 209.8 27.4 28.0 28.4 51.0 49.1 50.2 33.8 31.5 34.5 102.8 112.2 118.9 6.4 6.3 6.2 May 13,1880 J u l y 12,1889 Sept. 30,1889 2,914 2,944 2,992 769.8 789.1 807.6 115.5 118.4 121.1 223.9 229.3 224.6 29.1 29.1 27.8 53.5 53.3 50.5 36.9 37.2 36.2 127. 8 333.3 132. 4 5.6 5.6 5.5 May 17,1890 July 18,1890 Oct. 2,1890 3,125 3,151 3,207 845.3 835.4 859.2 126.8 124.3 128.9 223.2 222.2 225.5 26.4 26.6 26.2 52.9 52.7 54.3 37.3 37.1 37.7 127.6 127. 0 128.5 5.4 5.3 5.2 May 4,1891 J u l y 9,1891 Sept. 25,1891 3,296 3,309 3,333 847.4 846.8 861.8 127.1 127.0 129.3 225.1 224.7 235.5 26.6 26.5 27.3 61.3 62.8 60.3 36.5 36.4 36.8 122.1 120. 3 133.0 5.2 5.1 5.4 NEW YORK CITY. Mar. 1,1886 J u n e 3,1886 Oct. 7,1886 45 45 45 323.6 296.8 282.8 80.9 74.2 70.7 101.2 89.9 77.0 31.3 30.3 27.2 77.2 57.9 64.1 23.5 31.5 12.5 0.5 0.4 0.4 May 13,1887 Auk- 1,1887 oct: 5,1887 46 46 47 299.7 294. 0 284. 3 74.9 73.5 71.1 82.8 82.6 80.1 27.6 28.1 63.6 65.0 63.6 18. 8 17.2 30.1 0.4 0.4 0.4 Apr. 30,1888 J u n e 30,1888 Oct. 4,1888 46 46 46 316.7 338. 4 342.2 79.2 84.6 85.5 94.8 102.7 96.4 29.9 30.3 28.2 69.4 73.4 73.9 25.0 28.8 22.1 0.4 0.4 0.3 May 13,1889 July 12,1889 Sept. 30,1889 45 45 45 361.0 359.2 338.2 90.2 89.8 84.5 103.7 97.3 84.9 28.7 27.1 25.1 71.5 61.8 59.1 32.0 35.3 25.6 0.2 0.2 0.2 May 17,1890 July 18,1890 Oct. 2,1890 46 47 47 322.3 326.8 332.6 80.6 81.7 83.2 85.0 88.4 92.5 26.4 27.0 27.8 65.2 64.2 78.4 19.6 24.0 13.9 0.2 0.2 0.2 May 4,1891 J u l y 9,1891 Sept. 25,1891 47 49 49 327.3 330. 3 327.8 81.8 82.6 81.9 88.3 98.9 86.1 29.9 26.3 58.6 55.6 53.8 29.5 43.1 32.0 0.2 0.2 0.3 May 13,1887 Aug. 1,1887 Oct. 5,1887 18 18 18 68.0 66.3 64.6 17.0 16.6 16.2 20.7 22.0 19.7 30.4 33.1 30.5 13.0 14.6 12.9 7.6 7.2 6.7 0.05 0.05 0.05 Apr. 30,1888 J u n e 30,1888 Oct. 4,1888 18 19 19 71.3 71.8 69. 3 17.8 18.0 17.3 21.2 22.5 21.0 29.7 31.4 30.2 13.4 14.1 13.1 7.8 8.4 7.8 0.05 0.05 0.05 May 13,1889 J u l y 12,1889 Sept. 30,1889 19 19 20 74.3 77. G 78.7 18.6 19.4 19.7 26.4 24.7 25.0 35.5 31.8 31.7 14.6 15.1 15.3 11.7 9.6 9.6 0.05 0.05 0.05 May 17,1890 July 18,1890 Oct. 2,1890 20 19 19 85.0 84.1 82.9 21.3 21.0 20.7 26.4 24.5 24.8 31.0 29.1 30.0 15.3 14.7 17.0 11.0 9.8 7.8 0.05 0.05 0.05 May 4,1891 J u l y 9,1891 Sept. 25,1891 20 20 21 96.0 91.8 92.9 24.0 22.9 23.2 32.5 28.5 31.2 33.9 31.0 33.6 19.7 19.3 20.1 12.7 9.1 11.0 0.05 0.05 0.05 CHICAGO. REPORT OF THE 0OM.PTK0.LUin OF THE CURRENCY. 157 LIABILITIES OF THE NATIONAL BANKS, AND THE RESERVE REQUIRED AND HELD ON THREE DATES, ETC.—Continued. ST. LOUIS. May 13,1889 J u l y 12,1889 Sept. 30,1889 May 17,1890 J u l y 18,1890 Oct. 2,1890 0.02 0.02 0.02 May 4,1891 J u l y 9,1891 Sept. 25,1891 0.020.02 0.02 OTHER RESERVE C I T I E S / 1,1886 3,1880 7,188G 205 212 217 378.0 387. 2 381. 5 94.5 96.8 95.4 124.0 122. 8 113.9 32.8 31,7 29.9 49.3 50.5 44.5 28.2 30.2 26.0 43.9 39.6 41.3 2.7 2.5 2.2 May 13,1887 Aug. 1,1887 Oct. 5,1887 210 221 223 345.1 335.5 338.5 86.3 83.9 84.6 106.1 98.4 100.7 30.7 29.3 29.7 38.0 34.8 36.3 26.4 24.2 23.2 40.2 37.7 40.0 1.4 1.2 Apr. 30,1888 J u n e 30,1883 Oct. 4,1888 221 224 224. 355.4 372.5 384.9 88.8 93.1 96.2 105.9 113.4 116.9 29.8 30.4 30.4 36.7 42.9 40.0 24.5 23. 6 24.4 43.7 45.9 51.5 1.0 1.0 0.9 May 13,1889 J u l y 12,1889 Sept. 30,1889 224 226 228 415.3 427. 8 419.0 103.8 106.9 104.8 132.8 131.4 121.9 32.0 31.0 29.1 43.7 43.5 37.8 28.9 27.9 26.7 59.6 59.3 56.7 0.7 0.6 0.6 May 17,1890 J u l y 18,1890 Oct. 2,1890 239 259 259 425.0 461.9 457.8 lCf3. 2 115.5 114.4 122.8 131.3 129.8 28.9 28. 4 28.3 41.4 43.7 43.1 25.2 28.1 24.9 55.6 58.8 61.0 0.6 0.7 0.7 May 4,1891 J u l y 9,1891 Sept. 25,1891 262 265 265 448.9 442.0 451.9 112.2 110.5 113.0 136.9 134.1 138.8 30.5 30.3 30.7 51.6 49.1 45.5 26.7 29.0 31.5 57.9 55.3 61.0 0:7 0.7 08 Mar. June Oct. SUMMARY. 1,1886 3,1886 7,1886 2,768 2,809 2,852 1, 297. 6 1, 295. 7 1, 301. 8 264.8 262.8 261.7 406.8 394.2 377.2 31.3 30.4 28.9 171.6 157.5 156.4 79.4 91.6 68.7 142.8 133.0 140.8 12.9 12.2 11.4 May 13,1887 A u g . 1,1887 Oct. 5,1887 2,955 3,014 3, 049 1, 404. 7 1, 389. 7 1, 388.4 282.9 279.1 278. 0 411.9 396.0 394.2 29.3 28.5 28.4 167.3 165.1 165.1 87.6 82.3 79.9 148.1 140. 3 140.9 8.8 8.3 8.3 Apr. 30,1888 J u n e 30,1888 Oct. 4,1888 3,098 3,120 3,140 1,459. 6 1. 503.5 1, 543. 6 294.1 304.7 312.0 419.3 441.5 446.2 28.7 29.4 28.9 172.1 181.3 178.1 92.9 94.3 90.0 146. 5 158.1 170.5 7.9 7.8 7.6 May 13,1889 J u l y 12,1889 Sept. 30,1889 3,206 3, 239 3,290 1, 627.9 1, 665.0 1, 665. 5 330.0 337.3 333.1 490.3 487.3 459.6 30.1 29.3 27.8 185.2 175.9 164.3 111.2 112.3 99.7 187.4 192.5 189.1 6.6 6.5 6.4 May 17,1890 J u l y 18,1890 Oct. 2,1890 3,438 3,484 3,540 1, 703. 6 1, 735. 4 1, 758. 7 341.4 349.3 353.7 463.9 473.0 478.2 27.2 27.3 27.2 178.1 178.6 195.9 96.2 102.3 86.8 183.2 185.8 189. 5 6.3 6.3 6.1 May 4,1891 J u l y 9,1891 Sept. 25,1891 3,633 3,652 3,677 1, 744. 6 1, 734.5 1, 758. 6 351.3 348.9 353. 5 488.9 491.8 497.4 28.0 28.3 28.3 194.9 190.8 183.5 107.8 119.3 113.5 180.0 175.6 194.0 6.2 6.1 6.6 Mar. June Oct. * Includes Chicago and St. Louis up to 1887. 158 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATE OF THE LAWFUL MONEY RESEKVE OF THE NATIONAL .BANKS AS STATES AND Dates. Oct. 1,1885. Dec. 24,1885. Mar. 1,1886. J u n e 3,1886. Aug. 27,1886. Oct. 7,1886. Dec. 28,1886. Mar. 4,1887. May 13,1887. Aug. 1,1887. Oct. 5,1887. Dec. 7,1887. Feb. 14,1888. Apr. 30,1888. June 20,1888 Oct. 4,1888. Dec. 12,1888. Feb. 26,1889 May 13,1889 July 12,1889. Sept. 80,1889. Dec. 11,1889. Feb. 28,1890. May 17,1890 July 18,1890 Oct. 2,1890. Dec. 19,1890 Feb. 26,1891 May 4,1891 July 9,1891. Sept. 25,1891. No. of banks. 2,467 2,485 2,518 2,552 2,589 2,590 2,612 2,644 2,676 2,724 2,756 2,778 2,787 2,809 2,827 2,847 2,858 2,878 2,914 2,944 2,992 3, 026 3,076 3,125 3,151 3,207 3,241 3,265 3,296 3,309 3,333 Net deposits. $570, 838, 327 580, 879,155 596, 051,483 611, 733, 799 623,886,736 637, 564,136 651,697,492 675, 355, 824 682, 845, 855 682,963,777 690,622,007 684, 059,721 707, 423,152 707, 530, 013 711, 849, 213 739, 325, 350 730, 883, 243 757, 591, 413 769, 817, 794 789, 081, 203 807, 628,795 807, 532,815 833, 504, 222 845, 329, 596 835, 341, 554 859, 249, 215 819,407,422 828,643,459 847, 402, 314 846, 759,676 861, 837,570 Reserve required. $85, 625, 749 87,131, 873 89,407,722 91, 760, 069 93, 583, 010 95,634,620 97, 754, 624 101, 303,374 102, 426, 878 102, 444, 566 103, 593, 301 102, 608,958 106,113,472 106,129, 502 106, 777, 382 110, 898, 802 109, 632,486 113, 638,712 115,472, 669 118, 362,180 121,144, 318 121,129, 922 125,025, 633 126, 799, 439 124,301, 233 128, 887, 382 122,911,113 124,296, 519 127,110, 347 127, 013, 951 129,275, 635 BESERVE Oct. 30,1885. Dec. 24,1885. Mar. 1,1886. June 3,1886. Aug. 27,1886. Oct. 7,1886. Dec. 28,1886. Mar. 4,1887. May 13,1887. Aug. 1,1887. Oct. 5,1887. Dec. 7, 1887. Feb. 14,1888. Apr. 30,1888. June 30,1888 Oct. 4,1888. Dec. 12,1888. Feb. 26,1889 May 13,1889 July 12,1889 Sept. 30,1889 Dec. 11,1889 Feb. 28,1890. May 17,1890. July 18,1890 Oct. 2,1890. Dec. 19,1890. Feb. 26,1891 May 4,1891. July 9,1891. Sept. 25,1891. 247 247 360 257 260 262 263 265 279 290 293 292 290 289 293 293 292 291 292 295 298 300 307 313 333 333 332 335 337 343 344 677,333, 060 666,672,097 701,576,125 683,992,858 656,759, 355 664, 245,121 671,648,508 712,504,320 721,869,242 706,708,847 697,767,889 695,790,194 747,718, 913 752, 040,152 791,629, 383 804,241, 438 774,053,284 840,117,539 858,084, 652 875,916, 968 847,868, 586 801,625,021 844, 646, 301 858, 292, 596 900,058,542 899,412,106 814, 046,939 877,391,354 897, 207, 393 887, 727,112 896,799,099 169,333, 265 166,668,024 175, 394,031 170,998,214 164,189, 838 166,061, 280 167,912,127 178,126, 082 180,467, 310 176,677, 212 174,441, 972 173, 947, 548 186, 929, 728 188, 010,038 197,907, 346 201,060, 359 193,513, 321 210,029, 385 2i4, 521,163 218, 979, 242 211,967,147 200, 406,255 211,161, 575 214, 573,149 225,014, 635 224, 853, 027 203,511,735 219, 347, 838 224, 301, 848 221, 937, 778 224,199,774 REPORT OF THE COMPTROLLER OF THE CURRENCY. 159 SHOWN LY THE REPORTS FROM OCTOBER 1, 1885, TO SEPTEMBER 25, 1891. TEERITOBIES. Classjifi cation of reserve held. Eeserve held. Amount. $177,470, 804 181, 357, 249 181,591,775 181, 552, 648 188,847,786 186,191, 889 192,278, 974 203, 307, 527 198, 863,737 189, 537, 562 190. 919,164 185, 803,160 201,787,492 193, 936,932 199,159, 391 209, 844, 956 200, 111, 504 224,480, 351 223, 875, 655 229,353, 725 224, 634,194 212, 516,298 233,749,310 223, 205,878 222,203, 056 225, 523, 671 210, 262, 300 229,938, 230 225,163,434 224, 652, 075 235,508,045 Katio to liabilities. T „—„! Specie. JLegal tenders. United States Due Redempcertificates of from reserve tion fund with Treasurer. deposit. agents. Per cent. 31.1 31.2 30.4 29.6 30.2 29.2 29.5 30.1 29.1 27.7 27.6 27.2 28.5 27.4 28.0 28.4 27.4 29.6 29.1 29.1 27.8 26.3 28.0 26.4 26.6 26.2 25.7 27.7 26.6 26.5 27.3 $41,467,335 42,195,802 45,138, 994 49, 082, 209 47,370, 313 47, 824, 967 50, 326, 819 50, 884,172 51,145, 531 48,955, 455 50, 821, 078 51, 696, 357 51, 835, 866 50, 988, 350 49,123, 698 50,188, 336 50, 661, 056 52, 214, 875 53, 549,166 53,312, 874 50,467, 987 52,496, 023 55,084, 885 52,896,449 52, 752, 311 54, 250,695 57, 551, 701 61, 575, 870 61,303,140 62, 776, 089 60, 314, 566 $29, 375,936 28, 898, 910 27, 257, 991 29,256,191 28, 214, 619 29, 672,277 31, 879,137 30, 643, 368 32,418,634 30,878,291 32,129,936 31, 997,316 o2, 264,784 33, 260, 054 31, 021, 956 33, 789,747 33, 326, 867 34, 734, 244 36, 235,912 36, 758, 352 35,712,394 37,389,775 38, 450, 332 36,823,184 36,674,235 37, 218, 060 37, 562, 841 36, 682,708 36,124, 884 36,038,178 36,394,059 $500,000 530, 000 475,000 465,000 460, 000 460,000 500, 000 555, 000 545,000 470,000 475, 000 520, 000 510,000 515, 000 505, 000 680, 000 530, 000 855,000 705, 000 485, 000 510, 000 510,000 505,000 475,000 440, 000 440, 000 445, 000 425, 000 425,000 415,000 440, 000 $95,954,541 99, 687, 965 98,901,439 93,459, 713 103, 642, 532 99,493, 068 101,746, 037 113, 943, 928 107,857,035 102, 597,807 100, 879,879 95,002, 425 110, 693, 685 102,759,410 112,183,937 118,950, 556 109, 573, 502 130,841, 596 127, 753, 288 133,246, 766 132,423,322 116,716,620 134,379,587 127, 639,363 127,015,635 128,452,576 109, 582,313 126, 076,254 122,115,434 120, 273, 937 132,984,453 35.1 32.4 32.1 31.0 28.6 28.7 29.9 30.1 29.5 29.2 29.1 28.2 30.5 30.0 30.6 29.4 29.5 30.9 31.1 29.5 27.7 27.8 28.1 28.0 27.9 28.1 28.7 29.8 29.4 30.1 29.2 133,405,237 123,158, 550 126,476,925 108,377, 660 101,630,179 108, 562, 730 116, 656,737 120, 794, 734 116,170,136 116,148, 755 114, 254, 376 107,544, 286 121,99*. 748 121,085,661 132,168, 579 127, 799,480 122, 073,222 130, 069,926 131, 627, 286 122, 590, 995 113, 858,462 118, 593,435 126,461,252 125, 269, 045 125, 851,752 .141, 668,163 132, 511, 305 139,664, 492 133, 636, 268 127, 993,448 123, 200, 509 40, 362,183 38,686,556 39, 756, 895 50,400, 597 35,825,132 33,140, 045 35, 860, 691 35,584, 790 47,176,454 43, 599,051 41, 621, 319 43, 364, 659 50,052, 886 50,314,156 50,973, 687 47,309, 714 49,228,193 53, 890, 616 61, 602,473 60, 698, 480 51,039, 699 47,101,119 48,101,270 51, 265, 808 55, 806,133 43, 386, 671 44, 614, 285 52, 717, 691 60, 250, 365 64, 361,633 61,221,549 18, 300,000 11, 235, 000 11, 955, 000 11, 385, 000 7, 655, 000 5, 395, 000 5, 695, 000 7, 090, 000 7,480,000 7, 340, 000 5,715,000 5,645,000 9,610,000 8, 815, 000 11,810,000 8, 385, 000 8, 690, 000 12,930,000 12,650,000 14,405, 000 12,435,000 8, 535, 000 8, 325, 000 7, 660, 000 9,385,000 5,715, 000 5, 315,000 11, 230, 000 11, 090,000 18,430, 000 15, 280, 000 42, 402, 609 39, 551,479 43,904, 247 39, 567,423 40,072, 689 41,271, 509 40, 371,942 49, 217,253 40,210, 839 37, 672, 349 39,993, 709 37, 957, 340 44,647, 555 43, 718, 493 45, 949, 662 51,508,038 47, 013, 696 61,860, 599 59,619, 008 59, 343, 308 56, 712,959 48,173,145 53,684, 545 55,566,943 58,806,133 60,999,210 50, 638, 370 56,569, 349 57, 889,288 55, 317,148 61,005, 875 10, 014, 572 9,818,351 9,289, 535 9,160, 322 8, 741, 577 7, 826, 981 7,281,059 6, 897, 537 6,636,009 6, 613, 271 6, 587, 062 6,483,157 6,414,118 6, 324, 800 6,236, 317 6, 020, 079 5, 834, 636 5,632, 289 5, 550,733 5, 520,491 5,403,880 5,329,506 5, 371,882 5,320,875 5,162, 340 5,120,445 5,178, 398 5,194,976 5,148, 871 5,374,967 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3,424, 960 3,360,192 3,134, 897 2, 908, 991 2, 708, 591 2,616, 438 2,229,148 1,999, 696 1, 913,048 1,705, 980 1,697,171 1,581,441 1, 510, 032 1,473, 832 1,441,037 1,319, 085 1,121,355 1,025,512 932, 917 907,087 884,568 872, 779 862, 382 929,628 984,247 961,257 948, 667 955,146 963,982 980,969 1,161, 461 1 2 g 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 $10,172,992 CITIES. 237,894, 989 215, 991, 777 225, 227, 964 212, 639,672 187, 891, 591 190, 985, 722 200,813, 518 214, 686,473 212,950,477 206, 466,135 203, 291, 575 196, 092,726 227, 815, 221 225,407,142 242, 342,965 236, 321, 317 228,126,466 259,776, 653 266,431, 684 257, 944,870 234,930, 688 223,275,478 237,434,449 240,691, 421 250,833, 366 252,720, 301 234,027, 627 261,136, 678 263, 829,903 267, 083,198 261, 869, 394 UKPOUT OF THE COMPTROLLER OF THE CURRENCY. TABLE SHOWING, BY GEOGRAPHICAL DIVISION'S, THE RESERVE CITIES AND CENTRAL RESERVE CITIES, THE XUMIJKK OF BANKS IN OPERATION AT EVERY DATE ON WHICH REPORTS OF CONDITION HAVE IJEEN MADE, FUOM MARCH 11, 1882, TO SEPTEMBER 25, 1891, INCLUSIVE, TOGETHER WITH THE AMOUNT OF RESERVE REQUIRED AND THE AMOUNT HELD AT EACH OF THOSE DATES, AND THE CLASSIFICATION OF THE RESERVE HELD, SHOWING AMOUNTS AND PERCENTAGES IN EACH CASE. [Division No. 1.—Maine, New Hampshire, Vermont, Massachusetts, "Rhode Island, and Connecticut, excluding reserve cities.] Reserve h eld. Dates. Amount of reserve No. required, 15 of janks per cent of net deposits. Amount. 1882. Ar nount. With reserve Five agents (9 per cent.) per cent redempR a ;io. Amount. Ratio. tion fund. Per ct. Per ct. 7 24 $17, 716,653 17. 76 7. 4G 19,488, 807 19.40 7. 34 17, 833, 751 17. 25 7. 29 16, 949,161 15.9G 7. 56 20, 509, 42G 18.93 $7, 223. 511 7, 495,171 7, 585, 373 7, 916, 022 8,197, 588 15, 342, 235 15, 309, 783 15, 369, 906 16,161, 030 16,426,477 28, 288, 564 27, 968, G28 28, 844, 230 31, 164, 435 34, 548,821 27. 6G 27.40 28. 15 28. 93 31. 55 7, 552,020 7, 495, 846 7, G85, 718 7, 650, 678 8,144, 345 7. 38 7. 34 7. 50 7. 10 7. 44 16, 299,167 16, 040,299 16, 722, 029 19, 099, 0G7 21, 905,101 15. 94 15.72 16. 32 17.73 20. 06 4, 437, 377 4, 432, 583 4, 436, 483 4, 414, 690 4, 439,375 514 514 514 514 515 15, 959, 007 10, 081, 733 15,103, G8G 15, 614, 046 15, 216,181 32, 510, 901 31, 256, 427 27, 470, 663 32, 199, 345 31, 576, 643 30. 56 27.15 27.28 30. 93 31. 13 7, 875, 750 8, 138, 314 8, 231, 410 8,199, 770 8, 273, 291 7. 40 20, 374, 517 18, 787,103 14, 972, 792 19, 833, 278 19, 211,124 19.15 17. 52 14.87 19.05 18.94 4, 260, 634 4, 331,010 4, 266, 461 4, 166, 297 4, 092, 228 514 511 512 506 50G 15,553,913 16, 093, 617 16, 589, 066 17, 218, 577 17,150, 864 33, 563, 396 34, 886, 766 34, 597, 448 34, 416, 314 32, 831, 670 32. 37 32. 52 31. 31 29. 98 28.71 8, 410, 689 8, 641, 121 8, 951, 595 9, 549, 345 9, 502, 800 9.12 21, 146, 721 22, 184,176 21, G37, 813 20, 832.605 19, 311, 376 20.39 20.68 19. 58 18.15 16.89 3, 999, 986 4, 061,469 4, 008,040 4, 034, 364 3, 957, 494 507 510 509 510 511 17,185, 207 16, 473, 718 17, 388, 516 18, 295, 909 17, 815,957 32, 588, 870 32, 509, 786 31, 345. 788 35, 7G2, 441 33, 229, 398 28. 44 27 91 27 04 29* 32 27. 98 9, 772, 588 10, 304, 208 10, 31G, 259 10, 335. 491 10, 888, 902 8 53 18, 969, 980 18, 555, 748 17, 449, 280 21 995, 854 19, 338, 260 16.56 15.93 15.05 18.03 16.28 3, 846, 302 3, 649,830 3, 580, 249 3, 431,096 3, 002, 236 511 513 512 512 514 17, 464,118 17, 918,113 17,228,499 17, 758, 954 17, 341, 009 34,081 099 33, 854, 311 28 645, 014 32 079 549 29 625 990 29. 27 27. 92 24 94 27 10 25 64 10 261, GG3 10 470, 24!) 10, 202, 057 10 081, 047 10 310, 792 8.81 21, 137,117 20 384, 444 16 106, 385 19 698, 402 17, 045,118 18.15 17.06 14.02 16.64 14.74 2, 682,319 2, 499, 618 2, 335, 972 2, 300,100 2, 264, 080 514 514 515 515 516 18, 229, 528 18, 287, 862 18, 929, 571 19, 889, 593 19, 338, 797 33 096, 440 32, 928 907 35 172 829 36 547 994 33 598 583 27 23 27 01 27 87 27 56 26.06 9 10 10 10 10 937. 033 402 52G 047, 520 745, 7G5 784, 645 8 18 8 53 928, 685 330, 966 986, 251 704, 062 835,576 17.22 16.68 18.21 17. 88 16.16 2, 230,122 2, 195, 415 2,139, 058 2, 098,167 1, 978, 362 517 518 521 522 523 19,631,288 20, 634, 607 21,622, 302 21, 643, 953 20,841, 025 36. 075 40 294 40 580 38 925 33, 648 27.57 29 29 28 15 26 97 24 22 10 11 11 11 11 535 125, 779 534 673 537 890 205 535 180 8.05 8.09 8 17 7 99 8 40 23 657, 943 27 409, 248 27 066, 971 25, 693, 206 20 382,427 18.08 19.92 18.77 17.81 14.67 1, 882, 425 1, 759, 357 1, 734. 171 1, 697, 5C4 1, 592,971 524 527 527 527 527 20, 878, 978 21, 229, 739 22.127, 475 22,292,444 20,763, 952 36 36 37 37 34 300 363 242 622 817 047 510 300 649, 318 26 25 25 25 25 08 61 64 24 03 11 11 12 12 12 504 090 364 182 134 237 798 578 922 781 8 7 8 8 8 23 23 23 23 21 270,173 622,164 909, 780 896,058 119, 223 16.72 16.61 16.21 16.08 15.26 1, 525, 953 1, 529, 660 1, 542, 688 1 431, 320 1,395, 314 528 528 530 530 20,499,189 21, 301, 304 22, 232, 922 21,827, 710 33 35 41 38 004 361 962; 153 004 138 281 908 24 25 27 2G 15 32 70 31 12 034 12,111 13 388 12 789 234 658 475 925 8 81 19 554,271 22; 443, 506 26, 267, 239 23 964,951 14.31 15.80 17.72 16. 47 1 415, 1 406, 1 408, 1, 527, Mar. 1 3 . . . May 1 . . . . J u n e 22..Oct.2....Dec. 31 . . . 1884. Mar. 7..-Apr. 24... J u n e 20... Sent. 30... Dec. 20 . . . 1885. Mar. 10... May 6 July 1..-. Oct. 1 . . - Doc. 24 . . . 507 509 510 511 512 Feb. 26 . . May 4 . . . July 9... Sept. 25.. La wful money (C per cent). Per ct. 29. 55 31. 31 28. 8G 27. 00 30.59 502 503 504 505 507 1888. Feb. 14... Apr. 30... J u n e 30... Oct. 4 Dec. 12 . . . 1889. Feb. 2 6 . . . May 1 3 . . . July 12... Sept. 3 0 . . . Dec. 11 . . 1890. Feb. 28 . . . May 17.. July 18... Oct. 2 . . . . Dec. 19 . . 1891. Ratio. $14,962,799 $29, 478,618 35,068,764 31. 457, 478 15, 505, 375 29, 835, 966 16, 296, 302 29, 332, 584 33, 151, 031 16, 254, 969 Mar. 1 1 . . . May 19... July 1.... Oct. 3 Dec. 30 . . . 1883. 188G. Mar. J u n e 31 . . . . Aug. 27... Oct. 7 Dec. 28 . . 1887. Mar. 4 . . . . May 1 3 . . . Aug.l...Oct. 5 Dec. 7 . . . . Cla^ sificat ion of reserv e held. 905 495 347 305 578 7.59 8.17 7. 88 8. 16 8. 05 8. 10 8. 32 8.36 8.85 8 90 8.47 9. 17 8 8 8 8 77 88 51 92 7.90 8 11 8 37 26 84 38 20 77 8.53 9 03 8 79 20 20 22 23 20 54, 538,454 4, 473, 500 4, 416, 842 4, 467,401 4, 444,017 856 989 424 032 REPORT OF THE COMPTROLLER OF THE CURRENCY. 161 T A B L E SHOWING, B Y GEOGRAPHICAL DIVISIONS, THE R E S E R V E CITIES AND CENTRAL R E S E R V E CITIES, T H E N U M B E R OF BANKS IN OPERATION, ETC.—Continued. [Division No. 2.—New York, New Jersey, and Pennsylvania, excluding reserve cities.] Reserve held. Classification of reserve held. Amount of reserve reLawful money (6 With reserve Five quired, 15 of Dates. per cent). agents (9 per cent). per cent banks per cent of Amount. Ratio. redempnet deposits. Amount. Ratio. Amount. Eatio. tion fund. No. 1882. Per ct. Per ct 8.90 $30,249, 865 29.32 $14,546,614 30,100,831 15,827, 208 9.56 29.63 29,217,784 15,228,446 9.05 28.23 28,868, 395 15,881,906 9.27 27.92 28,338,020 27.21 16,667, 008 9.43 Per ct. 18.51 18.19 17.36 16.85 16.04 Mar. 11... May 19... Julyl.... Oct.3 507 514 515 515 521 $24,513,805 24,825, 609 25,243,576 25, 702,599 26,500,579 $47,919,202 49,038, 897 47,501,012 47,834,868 48,071,228 Mar. 13... May 1--.. June 22... Oct.2 Dec. 3 1 . . . 525 532 537 545 549 26,151,831 26, 557,410 46,409, 027 26,885,132 26,992.446 48,307,519 45,564,935 50,817,532 48,979,043 50,577,804 27.71 25. 74 28.86 27.33 28.11 15,232,686 16,603,462 16,240,341 16,912,419 17, 734,066 8.74 9.38 9.22 9.44 9.86 30,026,506 25,905, 781 31, 528,884 29,011, 331 29,840,086 17.22 3,048,327 14.63 3,055,692 17.91 3,048, 327 16.19 3, 055,293 16.58 3,003,652 550 554 561 563 560 27,003,470 27,240,954 25, 502, 692 25,245,939 24,531,549 53,829,445 53,358,232 45,241,688 49,189, 650 50,799, 720 29.90 29.38 26.61 29.23 31.06 16,983,453 18,854,082 18,801,649 18,694,389 18,036,445 9.43 10.38 11.06 11.11 11.03 33,924,115 31,556,160 23, 558,015 27, 634,801 29, 977,889 18.84 17.38 13.86 16.42 18.33 2,921,877 2, 947,990 2,881,974 2,860, 460 2,785,386 559 559 561 557 567 25,258,857 25, 204,559 25,615,062 26,291,732 26,843, 401 55,463,538 53, 071, 039 51,945,847 56,170,958 58,345, 580 32.94 31.58 30.42 32.05 32.60 18,925,754 20,044, 604 19,178, 305 20,055,448 18,913,441 11.24 11.93 11.23 11.44 10.57 33, 766,999 30, 262,857 30,033, 212 33,297,308 36,653,591 20.05 18.01 17.59 19.00 20.48 2,770,785 2, 763,578 2, 734,330 2, 818,202 2,778,548 570 571 572 572 575 27,453,354 27,533, 873 28,253,322 28,830,549 28,792, 675 56,026,945 30.61 54, 618,391 29.75 56,916,208 30.21 54,836,089 28.53 53,341,795 27.79 18,960,011 20,795,357 20,185,336 20,192, 341 20,260,434 10.36 11.33 10.71 10.51 10.61 34, 334,359 31, 241,898 34,176, 300 32,249,120 30,849.802 18.76 17.02 18.14 16.78 16.07 2, 732,575 2, 581,136 2,554, 572 2,394, 628 2,131,559 576 580 586 587 591 29, 020,465 29, 685, 015 29,837,428 30,064,960 30,090,137 54,867,767 56,268,209 51,561, 676 52,990,784 52,172,378 28.36 28.48 25.82 26.44 26.01 19,405,628 20,193,151 19,291,157 19,775,576 20,038,795 10.03 10.20 9.70 9.87 9.99 33,449,631 34,160,474 30, 226,408 31,370,441 30, 215,646 17.29 17.26 15.20 15.65 15.01 2,012,508 1,914, 584 2,844, 111 1,844, 767 1,817,937 593 596 598 601 603 31,181, 582 31,422, 827 31,184, 265 32,659,379 32,191,080 57,520,460 55,782, 017 56,274, 855 62,056,372 57,440,943 27.67 26.63 27.07 28.50 26.77 20, 111, 377 20,936,380 19,371, 217 21,624,500 20,803,560 9.67 9.99 9.31 9.93 9.69 35,617,574 33,066,277 35,146,229 38, 705,110 34,986,054 17.13 1,791,509 15. 78 1,779,360 16.91 1,757,400 17.78 1,726, 762 16.30 1,651,329 603 607 608 615 617 32,774,651 33,020,608 33,539,199 34,329,752 34, 059,110 63,083,678 62, 586,794 64,388, 650 61,470,079 56,484,694 28.96 28.43 28.78 26.86 24.88 21,144,626 21,670,363 21,675,391 20, 987,608 21,179,732 9.68 9.84 9.69 9.17 9.23 40,351,399 39, 393,656 41,229,456 39, 007,885 33,867,848 18.47 17.89 18.43 17.04 14.91 1,587,653 1,522,775 1,483,803 1,474,586 1,437,114 625 629 626 633 640 34,511,854 34, 518,143 33, 516,164 34,306,011 32,687,250 61,087,952 56,982, 396 57,433,692 56,273,548 52,770,142 26.55 24.76 25.70 24.65 24.22 21,451,064 20, 335,343 20, 674,806 20, 867,126 21,676,126 9.32 8.84 9.25 9.12 9.95 38, 212,896 35, 226, 537 35,410, 567 34,120,446 29,824,190 16.61 15.31 15.85 14.92 13.64 1,423,992 1,420,516 1,348,319 1,285,976 1,269,826 647 655 657 658 33,316,855 33,826,152 33,855,163 34,601,023 60,131,790 57,359, 851 58,352,449 60,307,438 27.07 25.44 25.85 26.14 22,198,571 21,838,831 23,393, 089 22,805,835 10.00 9.68 10.36 9.89 36,659,926 34, 242, 908 33,695,293 36, 214, 263 16.51 15.18 14.92 15.70 1,273,293 1,278,112 1,264,067 1,287,340 Dec. 3 0 . . . 1883. $3,122,723 3,110,858 3, 054, 782 3, 084,567 3, 066,200 1884. Mar. 7.... Apr. 24... June 20... Sept. 30... Dec. 20 . . . 1885. Mar. 10... May 6 . . . . Julyl.... Oct.l Dec. 2 4 . . . 1886. Mar.l.... June 3 . . . Aug. 27... Oct.7 Dec.28 . . . 1887. Mar. 4 . . . . May 1 3 . . . Aug.l ... Oct.5 . . . . Dec. 7 1888. Feb. 1 4 . . . Apr. 3 0 . . . June 30... Oct. 4 Dec. 1 2 . . . 1889. Feb. 26... May 1 3 . . . J u l y 12... Sept. 30... Dec. 1 1 . . . 1890. Feb. 2 8 . . . May 17.-. July 18*.. Oct.2 Dec. 19 . . . 18Q1 Xoyji. Feb. 26... May 4.... July9.... Sept. 2 5 . . . •Brooklyn transferred to division No. 9 from July 18,1890. 11167 11 162 SEPOliT OF THE COMPTROLLER OF THE CURRENCY. TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION, ETC.—Continued. [Division No. 3.-—Delaware, Maryland, Virginia, West Virginia, and the District of Columbia, excluding reserve cities.] Dates. Amount of No. reserve reof quired, 15 )anks' per cent of net deposits. Amount. Ratio. "With reserve Five agents (9 per cent). per cent redemplatio. Amount. Ratio. tion fund. Lawful money (6 per cent) Amount. 1882. Mar. 11..May 19... July 1-... Oct.3 Dec. 30 . . . Classification of reserve3 held. Reserve held. y 74 74 76 77 $3, 326.580 3, 229^ 343 3, 293, 618 3,600, 294 3,559,250 $6,300, 888 5,846, 228 6, 330, 795 7,027, 363 6,432,974 Per ct. 28.41 27.16 28.83 29.28 27.11 $2,702,126 2, 867,270 2,951,218 2,883,425 2,943,333 12.18 13.32 13.44 12.01 12.40 $3,212, 987 2, 597, 775 3, 000,277 3,752,436 3,098,400 77 77 78 82 82 3,527,516 3,528,471 3, 621, 398 4,152, 516 3,998,036 5, 733, 788 5, 790, 224 6,406, 495 7,383, 800 6, 620, 987 24.38 24.61 26.54 26.67 24.82 2, 337, 863 2, 713, 896 2, 774, 761 3, 088,038 3,018, 536 9.94 11.54 11.49 11.15 11.33 3, 008,054 2,691, 467 3,243, 785 3,901,193 3,210,691 83 83 83 88 88 3, 877, 353 3, 812,038 3, 513,153 3, 702, 825 3,365,854 6,822, 590 6, 446, 814 5,375,113 6, 837,101 6, 467,992 20. 36 25.37 22.95 27. 70 28.82 2,873,867 11.12 3, 045,651 11.98 2,975,931 12.71 3,220,417 13.05 2,942,926 13.12 88 87 87 88 80 3, 361,044 2,854,130 2, 919, 436 3,286, 346 3,162,147 6,282,532 5,624, 698 5, 311, 397 7,338,927 7, 070,981 28.04 29.56 27.29 33.50 33.54 3,043, 637 2,985,242 2, 758, 277 3,134, 687 2, 887, 760 89 90 91 89 91 3,163, 328 3,259,103 3, 490,359 3, 525, 434 3,459,845 6, 579,113 6,761, 881 3, 337, 721 7,125, 856 6,826,991 31.20 31.12 31.53 30. 32 29.60 3.079, 948 3^ 414,420 3, 313, 468 3,405,443 3,124,102 91 92 93 94 94 3,541, 988 3,434, 211 3, 681,532 3, 789, 907 3,748,997 6,685,225 6, 233, 763 6,591, 665 6,641,421 6,728,437 28.31 27.16 26.86 26.29 26.92 3,061,122 3,351,755 3, 397,925 3,402,471 3,329,980 94 94 95 96 96 3,827,479 3,789, 898 3,902,911 4,364, 275 4,159,106 6,737, 364 6, 554, 763 6, 688. 570 8,474, 938 7, 612, 357 26.40 25.94 25.71 29.13 27.45 96 98 102 104 105 4,210, 619 4,129, 743 4,262,053 4,433,299 4,285,277 7,830, 630 7,338,116 7,356, 738 7, 390, 267 7, 058,474 107 108 110 112 113 4,364,478 4,559, 745 3,888,424 5,127,124 4,821,664 7,384, 234 7,767, 257 8, 567, 845 8,665,176 8,137,749 115 116 117 121 4,870,435 4,867,413 4,945,034 5,211,836 8, 552,098 26.34 8,078,827 24.90 8,368, 584 25.38 9,103,332 26.20 73 er ct. Per ct. 14.49 $1,385,775 12.07 381,183 13.66 379,300 15.63 391, 502 13.06 391,241 1883. Mar. 1 3 . . . May 1 . . . . June 22 . . Oct. 2 Dec. 3 1 . . . 12.79 11.44 13.44 14.09 12.05 387,871 384, 861 387,949 394,569 391,760 3, 582,688 13.86 3,027,832 11.91 2, 025,960 8.65 3,246,528 13 15 3,164,161 14.10 366,035 373,331 373,222 370,156 360,905 13.58 15.69 14.17 14.31 13.70 2, 895,186 2, 289,321 2,199, 965 3, 850, 486 3,825, 340 12.92 12.03 11.30 17.57 18.15 343,709 350,135 353,155 353,754 357,881 14.60 15.71 14.24 14.49 13.54 3,153,202 3,034,136 3, 714,380 3,414,134 3,414, 702 14.95 13.97 15.96 14.53 14.80 345,963 313,325 309,873 306, 279 288,187 12.96 14.64 13.84 13.47 13.32 3,370, 568 2, 640, 664 2, 952,617 3,004,141 3,157,971 14.27 11.53 12.03 11.89 12.64 253,535 241,344 241,123 234,809 240,476 3,272, 849 3,340, 776 3,320,174 3, 672,305 3, 502,069 12. 83 13.22 12.76 12.62 12. 63 3,236,123 2,988, 503 3,15C, 750 4, 582,280 3,898,858 12.68 11.83 12.11 15.75 14.06 228,392 225, 484 217, 646 220,353 211,430 27.90 26.65 25.89 25. 00 24.71 3, 583, 377 3, 852, 493 3,634.247 3,387,152 3, 483,691 12.77 13.99 12.77 11.46 12.19 4,043,241 3,283,684 3,528, 845 3,808, 964 3,399,343 14.40 11.93 12.42 12.89 11.90 204,012 201, 939 193, 64t> ,194,151 ,175,440 25.38 25.55 26.28 25. 35 25.32 3,252,139 3, 652, 805 3,689, 922 3, 925,154 4,178,148 11.18 12.02 11.32 11.48 13.00 3,956,771 3,942,458 4,701, 987 4,575, 269 3,793,410 13.60 12.97 14.43 13.39 11.-80 175,324 171,994 175, 935 164,753 166,191 4,157,438 12.84 4,553, 151 14.03 4,424,507 13.42 4,351,771 12.52 4,225,817 3,355,717 3,774,134 4,562,235 13.01 10.34 11.42 13.13 168,843 169,959 169,943 189,326 1884. M a r . 724.-. -... Apr. June 20 .. Sept. 30... Dec. 20 . . . 1885. Mar. 10... May 6 . . . . July 1...Oct.l . . . . Dec. 24 . . . 1886. M J u an re. l3. .. .... Aug. 27... Oct. 7 Dec. 28 . . . 1887. Mar. 4 . . . . May 13 . . . Aug. 1 . . . Oct.5 Dec.7.... 1888. Feb. 14... Apr. 30... June 30... Oct. 4 Dec. 12 . . . 1889. Feb. 2 6 . . . May 1 3 . . . July 12... Sept. 30 .. Dec. 1 1 . . . 1890. Feb. 2 8 . . . May 1 7 . . . July 18... Oct.2 Dec. 19 . . . 1891. Feb. 2 6 . . . May 4 . . . . July 9.... Sept. 2 5 . . • REPORT OF THE COMPTROLLER OF THE CURRENCY. 163 T A B L E SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , THE KESKRVE C I T I E S AND CENTRAL R E S E R V E C I T I E S , T H E N U M B E R O F BANKS I N OPERATION, ETC.—Continued. [Division No. 4.—North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, Louisiana, Texas, Arkansas, Kentucky, and Tennessee, excluding reserve cities.] Dates. Amount of No. reserve reof quired, 15 banks per cent of net deposits. E e serve held. Amount. Eatio. Classification of reserve held. Lawful money (6 per cent). With reserve agents (9 per cent). Amount. Eatio. Amount. Five per cent redempEatio. tion fund. $5,466, 058 5,419, 385 5,227,153 4,771, 326 6,340,182 Per ct 15.81 16.54 15. 33 13. 59 15.91 $3,758, 544 3, 906, 752 4, 313, 224 3, 827, 425 5, 584, 656 Per ct. 10.87 11.92 12. 65 10.90 14.01 789, 230 792. 367 786,443 793, 894 793,817 1882. May 1 1 . . . May 1 9 . . . Julyl.... Oct. 3 . . . . Dec.30 . . . 141 144 148 154 159 Per ct. $5,185, 281 $10,013,832 28.97 4, 915,899 10,118, 504 30.87 5,115, 956 10, 326, 820 30.28 5,266,274 9,392, 645 26.75 5,978, 914 12,718, 655 31.91 1883. Mar. 1 3 . . . Mayl.... June22 . . Oct. 2 . . . . Dec. 3 1 . . . 164 169 175 191 197 6,116, 981 6,190, 892 6,143, 331 6,267, 968 6,761, 077 13,254,160 12, 890,743 12, 353, 975 10, 275,182 12, 940,873 32.50 31.23 30.16 24.59 28.71 6, 396,960 6, 543, 434 6, 475, 724 6, 589, 276 6, 968,159 15.69 15.85 15.81 15.77 15.46 6, 086,199 5, 555, 724 5, 075, 892 3, 887, 690 5,170, 209 14.92 13. 46 12. 39 9.30 11.48 771,001 791, 585 802, 359 798, 216 802, 505 201 204 208 216 220 6, 816, 062 6, 874, 431 6,449,163 6,042, 864 6,491,216 13,644, 672 12,348, 517 11, 364,136 11,168, 565 14,560,732 30.03 26.95 26.43 27.72 33.67 6, 883, 358 6, 803,162 6, 826,409 6, 334. 635 7, 007, 016 15.15 14.84 15,88 15.72 16.19 5, 979, 687 4, 762, 025 3, 782, 006 4, 087, 448 6, 806, 367 13.16 10. 39 8.80 10.15 15.73 781, 627 783, 330 755,721 746,482 747,349 226 229 232 232 235 6, 669, 784 6,483, 495 6,442, 590 6,388, 330 7,142, 914 15,098,820 13, 065,477 12, 404, 357 11,874,404 15,834, 011 33.96 30.23 28.88 27.88 33.25 7,964,807 7, 563, 398 7,159, 393 6,826. 279 8, 001, 784 17.91 17.50 16.67 16. 03 16.80 6, 385,184 4, 765, 739 4, 532,187 4,322,638 7,141, 940 14. 36 11. 03 10.55 10.15 15.00 748, 829 736, 340 712,777 725,487 690, 287 Mar.l.... June 3 . . . Aug. 27... Oct. 7 Dee.28 . . . 240 245 251 251 253 7, 583, 952 7, 493, 063 7, 301, 499 7, 520,093 8, 863,744 16,308, 788 15, 598, 452 13, 956, 929 13,597,692 21,096, 851 32. 26 31.23 28. 67 27.12 35.70 8, 523, 863 8,108,413 7, 650, 399 7, 565,181 9, 659,357 16.86 16. 23 15.72 15. 09 16. 35 7,114,169 6, 863,196 5, 699, 062 5, 474, 973 10, 914, 071 14.07 13.74 11.71 10.92 18.47 670,756 626, 843 607, 468 557, 538 523,423 1887. Mar. 4 . . . . May 1 3 . . . Aug.l.... Oct. 5 Dec.7.... 265 279 290 296 301 9,951,682 9, 403,413 9, 227,123 9,183, 326 9,671,142 22,483, 366 18,093, 369 15, 981, 046 16, 341, 034 18, 963,708 33.89 28.86 25.98 26.69 29.41 10, 365, 065 15.62 9, 623,458 15.35 8,924, 833 14.51 9, 728, 521 15.89 10, 375, 365 16.10 11, 607, 039 7, 965, 043 6, 555, 611 6,100,154 8, 072, 837 17.50 12.71 10. 66 9.96 12.52 511,262 504, 868 500, 602 512, 359 515,506 305 307 313 318 321 10,241, 743 9,775,180 9, 683, 437 9,543, 970 10,201,944 21,109,205 30.92 17,945,763 27.54 17, 925, 943 27.77 16,380,467 25.74 19, 622,145 28.85 11, 248, 310 9, 916, 320 9, 397, 854 9,557, 311 9, 752, 368 16.47 15.22 14.56 15.02 14.34 9, 353,121 7, 522, 773 8, 027,614 6, 338, 284 9, 382,165 13.70 11.54 12.44 9.96 13.79 507. 774 506, 670 500, 475 484, 872 487, 612 324 339 346 364 374 11,495, 298 11,100, 507 11, 035, 036 11, 566, 487 12, 872, 658 26,797, 309 22,345, 576 20, 836, 091 20,014,741 24, 737,345 12,195, 333 15.91 11,482, 281 15. 52 11,054, 098 15.03 10,771,020 13.97 11,495, 248 13,39 14,122, 446 10, 385, 059 9, 301,242 8, 756,707 12,731, 317 18.42 14.03 12.64 11.36 14.84 479,530 478, 236 480,751 487,014 510,780 Dec. 1 9 . . . 393 406 424 448 459 14,175,895 13, 714, 057 13, 739, 545 13,710,442 13, 510,003 30,120,238 81.87 23,414, 837 25. 61 21, 907, 965 23.92 22,104, 528 24.18 23,155, 918 25.71 14,846, 750 12,862.873 12,097, 302 12,400, 753 13,418,057 15.71 14. 07 13.21 13.57 14.90 14,753,742 15.61 10,017, 319 10.96 9, 268,102 10.12 9,139, 407 10.00 9,173,073 10.18 519, 746 534, 645 542, 560 564, 368 564, 788 1891. Feb. 2 6 . . . Mav4.... July 9 . . . Sept. 2 5 . . . 467 477 479 478 13,804, 224 13,436, 294 12, 738,158 12, 036, 628 26,336, 774 22,473,091 21,332,300 20,885,765 14,779, 794 12, 991,105 12, 403, 539 11, 898, 504 16.06 14.50 14.61 10, 970,713 8, 891, 629 8,344,235 8,394,262 11.92 9.93 9.83 10.46 586, 267 590, 357 584,526 592,999 1884. Mar. 7 . . . . Apr. 24... J u n e 20 . . Sept. 30 . . Dec. 2 0 . . . 1885. Mar. 1 0 . . . May6.... Julyl.... Oct. 1 . . . . Dec. 24 . . . 1886. 1888. Feb. 1 4 . . . Apr, 3 0 . . . J u n e 30 . . Oct.4. . . . Dec. 1 2 . . . 1889. Feb. 2 6 . . . May 1 3 . . . July 12... Sept. 3 0 . . . Dec. 11 . . . 1890. Feb.28 . . . May 1 7 . . . July 18... Octf2.... 34.97 30.20 28.32 25.96 28.83 28.62 25.09 25.12 26.03 14.83 164 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION, ETC.—Continued. [Division No . 5.—Ohio, Indiana, Illinois, Mich igan, and Wisconsin excluding reserve cities.] Dates. Amount of No. reserve reof quired, 15 banks per cent of net deposits. Classification of reserve held. Reserve held. Amount. Ratio. Lawful moiley (6 per ceni )•. "With reserve Five per cent Ratio. tion fund. agents (9 per cent). Amount. Ratio. 29.78 30.22 29.82 27.99 28.51 $17, 235,102 17,572,569 16,982, 358 17,205, 670 17,947,739 Per ct. 13.58 14.04 13.43 13.39 13.57 $18,689,973 18,358,481 18, 910,821 16, 875,972 16,905,680 Amount. redemp- 1882. Perct. Perct. Mar. 1 1 . . . May 1 9 . . . Julyl.... Oct.3 Dec.30 . . . 503 512 514 519 523 $19,032,152 18, 777, 697 18, 063,931 19, 272,709 18,845,485 $27,800,100 37, 819,405 37, 703, 899 35, 9G9, 848 35,817, 290 looo. Mar. 1 3 . . . Mayl . . . . June 22... Oct.2 Dec. 31 . . . 530 536 544 554 554 19,081,960 18,892, 570 18, 680,838 18, 563,099 17,961,597 36,507,835 34,009,157 32,831, 223 34,705,552 34,790,630 27.17 27.00 25.14 28.04 29.05 16,401,301 17,003,342 15. 616,973 16,503, 659 16,853,215 12.89 13.50 12.54 13.34 14.07 18, 281,364 15,146,613 15, 394,648 16, 347,350 16,142,536 14.38 12.03 12.36 13.21 13.48 1,825,170 1,859,202 1, 819,607 1,854,543 1, 794,879 1884. Mar. 7 . . . . Apr. 2 4 . . . June 20... Sept.30... Dec. 20 . . . 558 560 569 574 572 17,808, 933 17,392, 601 16, 640, 340 15, 784, 480 15,040,275 34, 832, 320 32, 294, 594 30, 968, 073 31, 545, 494 33,478,235 29.34 27.81 29.15 29.98 33.39 16,461,984 16,913, 978 16,186,847 16,127, 236 15,563, 364 13.87 14.59 14. 59 15.33 15.52 16,636,811 13,623,182 13,081. 876 13, 764,179 16,332, 719 14.01 11.75 11.79 13.08 16.29 1,733,525 1,757,434 1,699,350 1,654,079 1,582,152 1885. Mar. 1 0 . . . May 6 . . . . Julyl.... Oct.l . . . . Dec. 24 . . . 567 568 567 570 570 15,800,692 15,954,519 16,118,869 16,501,187 16,497,191 36,876,186 35,963,168 36,162,987 37,477,345 36,226,910 35.07 33.81 33.65 34.07 32.93 16, 882, 609 17,117,106 15,936,895 17, 019, 462 16,050, 698 16.03 16.09 14.83 15.47 14.59 18,475, 898 17, 336, 757 18, 738,134 18, 934,890 18, 653,616 17.54 16.30 17.45 17.21 16.96 1,517,679 1,509, 305 1,487,958 1,522, 993 1,522,596 1886. Mar.l.... June 3 . . . Aug. 27... Oct77 Dec. 28 . . . 571 575 582 580 576 17,184,663 17,452,850 18,315, 951 18,438,101 18,828; 474 38,467, 958 36, 682,622 41, 364,412 39,891,410 40,251,058 33.57 31.53 33.88 32.45 32.07 16,692,494 17,849,509 17,118.272 17,974,624 18,082,937 14.57 15.34 14.02 14.62 14.41 20, 284, 810 17,426,446 22, 867, 315 20,594, 220 20, 974,170 17.78 14.98 18.73 16.75 16.71 1,490,654 1,406,667 1,378, 825 1, 322,566 1,193,951 1887. Mar. 4 . . . . May 1 3 . . . Aug.l Oct. 5 Dec. 7 582 584 594 598 600 19,446,236 20,082,778 20, 814,218 20,570, 959 20, 237,953 42,186, 629 41, 866, 938 44,475,533 40,983,916 39,116,212 32.54 31.27 32.05 29.88 28.99 18,037, 638 19, 111, 576 18,401, 230 19,171,016 18,425,529 13.91 14.27 13.26 13.98 13.66 23,012,354 21, 673,404 25,021, 687 20,771,852 19, 629,800 17.75 16.19 18.03 15.14 14.55 1,136,637 1,081,958 1, 052,616 1,041,048 1,060,883 Dec. 12 . . . 603 606 609 611 615 20,788,469 20, 795,516 20, 756, 627 21,297,373 21,150,669 40,918,158 39,175,386 39,806, 200 42, 224,352 42,096,506 29.52 28.26 28.77 29.74 20.85 18.290,041 18, 869, 677 17, 754, 453 18,466,510 18,089,328 13.20 13.61 12.83 13.01 12.83 21, 600,663 19,298,656 21, 045,051 22,763,433 23,025,148 15.59 13.92 15.21 16.03 16.33 1,027,454 1,007,053 1,006,696 994,409 982,030 1889. Feb.26 . . . May 1 3 . . . July 12... Sept. 3 0 . . . Dec. 11 . . . 620 622 624 626 630 22,108,190 22,532,982 23,197,384 23,355,251 23,037, 979 46,152,837 45,216, 707 48,488, 996 47,310,106 43,421,760 31.31 30.10 31.35 30.39 28.27 18,299,545 19,984,145 20,064, 249 19,052,153 19,053,439 12.42 13.30 12.97 12.24 12.41 26,888,639 24,287,408 27,489,594 27,327, 970 23,439,190 18.24 16.17 17.78 17.55 15.26 964,653 945,154 935,153 929,983 929,131 Dec. 19 . . . 635 644 650 650 655 23,999,083 24,458,347 25,234, 240 25, 804, 618 25,120,570 47,348,221 45,815,953 47,608, 327 48,563, 276 46,041,343 29.59 28.10 28.30 28.23 27.49 19,385,160 19,214,280 19,719,230 20,149,638 20,682,244 12.12 11.78 11.72 11.72 12.35 27,043,136 25,672,588 26,955,389 27,493, 759 24,449,070 16.90 15.74 16.02 15.98 14.60 919,925 929,085 933, 708 919, 879 910,029 1891. Feb. 2 6 . . . May 4 July 9.... Sept. 2 5 . . . 654 657 660 663 26,052, 632 26,750, 845 27,027,984 28,583,963 52,449,599 50,936, 356 49,363,907 56, 669,154 30.20 28.56 27.40 29.74 21,751,135 22.312,368 22,496,481 23,177,047 12.52 12.51 12.49 12.16 29,785,731 27,709,586 25,973,487 32,572,518 17.15 15.54 14.41 17.06 912,733 914,402 893.939 919,589 1888. Feb. 14 . . . Apr. 3 0 . . . J u n e 30 . . Oct.4 1890. Feb. 2 8 . . . May 17 . . . July 18... Oct.2 14.73 $1,965,025 14.67 1,888,355 14.96 1, 810,720 13.13 1,888,206 13.46 1,863,871 REPORT OF THE COMPTROLLER OP THE CURRENCY. 165 TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION, ETC.—Continued. [Division No. 6.—Iowa, Minnesota, Missouri, Kansas, and Nebraska (Omaha transferred to division No. 9, October 5, 1887; Kansas City and St. Joseph transferred to division No. 9, May 13, 1887), excluding reserre cities.] • Reserve held. No. Dates. Amount of reserve required, 15 of banks per cent of Amount. net deposits. 1882. Classification of reserve held. Lawful money (6 With reserve Five agents (9 per cent). per cent per cent). Ratio. redempRatio. Amount. Amount. Ratio. tion fund. 157 165 171 184 197 $6,541,424 6,707,034 6,945,887 7,211,774 7,314,811 $11,849,967 12,348, 739 12,192, 356 11,866,093 12,985,546 Per ct. 27.17 27.62 26.33 24.68 26.63 $5,719,125 5,557,107 5, 865, 877 5,934,099 6,513,480 Per ct. 13.11 12.43 12.67 12.34 13. 35 $5,665, 681 6, 323, 635 5, 866,168 5,440, 789 5,975,158 Per ct. 12.99 14.14 12.68 11.32 12.25 $465,161 467,997 460, 311 491, 205 496,908 iOod. Mar. 1 3 . . . Mayl.... June 22... Oct. 2 Dec. 31 . . . 1884. 207 216 227 257 270 7,692,300 8,007, 308 8, 669, 016 9,087,854 9,269,439 13,786,065 13,928, 636 16,331,528 15,692,927 16,068,106 26.88 26.09 28.26 25.90 26.00 6,048,070 6,926,476 6,739, 738 7, 240,980 7,756,806 11.79 12.98 11.66 11.95 12.55 7,237,137 6,496, 862 9,100, 816 7,922, 362 7,788, 201 14.11 12.17 15.75 13.08 12.60 500,858 505, 298 490,974 529,585 523.099 Mar.7.-.. Apr. 2 4 . . . J u n e 20 . . Sept. 30... Dec.20 . . . 287 298 309 329 329 9,365,609 9,712,119 9,546,762 9,158, 231 8,643,147 16,334,768 17,385,106 16,682,585 16,305,178 15,874,452 26.16 26.85 26.21 26.70 27.55 7, 297,414 8,463,096 9, 366,090 8,130, 878 7,734,917 11.69 13.07 14.72 13.32 13.42 8,526, 486 8,406,680 6, 806,044 7,677, 976 7,642,884 13.66 12.98 10.69 12.58 13.26 510,868 515, 330 510,451 494,324 496,651 336 340 346 359 363 9,202,146 9,643,675 10,105,532 10,526,279 10,511,542 18,064,151 19,112,996 20,186, 373 19,159, 727 19,128,184 29.45 29.73 29.96 27.30 27.30 8,442,274 8, 803, 813 8,868,049 8, 896,805 9,309,286 13.76 13.69 13.16 12.68 13.28 9,131,647 9,806,853 10,827,681 9, 768, 829 9, 315,121 14.89 15.25 16.07 13.92 13.29 490,230 502,330 490, 643 494,093 503,777 377 391 404 406 418 10,872,988 12,203,046 12,349, 300 12, 377,733 12, 811,418 19,373,302 23, 020, 432 24, 464,927 21,931, 867 23,073,002 26.73 28.30 29.72 26.58 26.99 8,838,140 11,204,906 10,229,545 11,019,342 11,752,951 12.19 13.77 12.43 13.35 13.76 10,043,854 11,339,220 13,747,424 10,422,066 10,848,107 13.86 13.94 16.70 12.63 12.70 491,308 476, 306 487,953 490,459 451,944 427 428 438 455 462 14,184, 873 13,368,183 12,435,313 12,258,402 11,440,774 27,752, 343 26,723,837 25, 056, 695 22,367, 310 20, 023,408 29.35 29.99 30.22 27.37 26.25 11, 860,366 12,010, 369 10,458,690 10,275, 484 9, 831,122 12.54 13.48 12.62 12.57 12.89 15,441,590 14,290,849 14,175,769 11,660, 633 9,753,960 16. 33 16.04 17.10 14.27 12.79 450,387 422,619 422, 236 431,193 438,326 460 468 471 476 480 11,915,472 12,191,175 12,423,419 12,646,574 12,102,288 24,167,651 24, 217,974 25,363, 996 23,898, 707 20,169, 802 30.42 29.80 30.62 28.35 25.00 10,418,840 10, 851,912 10, 547,101 10,011,697 10,197,298 13.12 13.35 12.73 11.87 12.64 13,308, 830 12,924, 379 14, 367, 358 13,436, 321 9,520,418 16.75 15.90 17.35 15.94 11.80 439, 981 441, 683 449, 537 450,689 452,086 Feb. 2 6 . . . May 1 3 . . . July 12... Sept. 30... Dec. 11 . . . 487 490 497 503 516 12,420, 637 12,585, 262 12,925,286 13,015, 631 13,209,115 22,812, 398 23,606, 074 24, 386,425 23,831, 360 23,663,534 27.55 28.13 28.30 27.46 26.87 10,019,197 10, 460,419 10,374, 952 9, 352, 807 10,728,448 12.10 12.47 12.04 10.78 12.18 12,336, 471 12, 687, 257 13, 553,976 14,013, 997 12,464, 371 14.90 15.12 15.73 16.15 14.15 456, 458. 457, 464, 470, Feb. 2 8 . . . May 1 7 . . . J u l y 18*.. Oct. 2 Dec. 19 . . . 1891. 522 531 522 529 526 14, 037,495 14,672,003 11,820, 328 12, 650,537 12,020,926 26,557,782 28,417,458 23, 587,972 25,045, 606 21, 890,313 28.38 29.05 29.93 29.70 27.32 10,142,221 10,129,389 8, 660, 227 9, 037, 219 9,113,606 10.84 10.36 10.99 10.72 11.37 15,945, 079 17,803, 225 14,559, 610 15,542,676 12,303,422 17.04 18.20 18.48 18.43 15.36 470,481 484,844 462,949 465,711 473,285 Feb. 26 . . . May 4 . . . . 525 526 525 534 12,152,020 12,807,895 12,271, 889 12,709,609 24,124,918 24,484,899 21,873, 399 24,150,965 29.78 28.68 26.74 28.53 9,109,692 9, 383,476 9,271,189 8, 975, 641 11.24 10.99 11.33 10.59 14, 548,746 14, 634,337 12,140,446 14,702, 969 17.96 17.14 14.84 17.35 466,480 467,086 461,704 472,355 Mar. 1 1 . . . May 1 9 . . . Julyl.'... Oct.3 Dec.30 . . . 1QQQ -IQQK JLooO. Mar. 10... May6.... Julyl.... Oct. 1 . . . . Dec. 24 . . . 1886. Mar.l.... June 3 .. . Aug. 27... Oct.7 Dec.28 . . . 1887. Mar. 4 . . . . May 1 3 . . . Aug.l.... Oct.5 Dec.7 . . . . 1888. Feb. 14..Apr. 30.. J u n e 30 . . Oct. 4 Dec. 12 . . . July9t--Sept. 25... * St. Paul and Minneapolis transferred to division No. 9 from J u l y 18, 1890. tDes Moines transferred to division No. 9 from July 9,1891. 730 398 497 556 715 166 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL RESERVE CITIES, THE NUMBER OP BANKS IN OPERATION, ETC.—Continued. [Division No. 7.—Colorado, Nevada, California, and Oregon, excluding reserve cities.] Dates. Amount of No. reserve reof quired, 15 banks percent of# net deposits' Reserve held. Amount. Ratio. Classification of reserve held With reserve Five agents (9 per cent). per cent redempRatio. Amount. Ratio. ;ion fund. Lawful money (6 percent). Amount. 1882. Mar. 1 1 . . . May 19... Julyl.... Oct. 3 Dec. 3 1 . . . Per et. Per ct. Per et. 31.53 $2, 542,858 14.83 $2,758,864 16.08 2, 637, 314 14.69 32.72 3,122,481 17.40 2, 460, 625 13.72 31.69 3,109,475 17.34 2, 794,278 14.63 32.69 3,330,785 17.44 3,166,266 16.56 33.37 3,096,131 16.20 30 31 32 32 33 $2, 576,675 2, 696, 322 2,693, 926 2, 868,124 2,871,064 $5,408,452 5, 872, 661 5, 682,235 6, 241,813 6, 379,306 33 34 38 43 42 2, 866,867 2, 890, 642 2, 984, 656 3,206,008 3,241,147 6,081,382 5,487,840 6,355, 648 5,839, 540 6,447,703 31.86 28.51 31.97 27.35 29.88 3, 594, 598 3,133, 202 3,203,157 3, 098, 370 3, 558,027 18.83 16.28 16.11 14.51 16.50 2,374,534 2,240, 755 3,033,366 2, 619, 307 2,763,101 12.44 11.64 15.26 12.27 12.80 112,250 113,883 119,125 121, 863 126,575 43 43 45 46 47 3,009,761 3,028,531 2, 748,621 2, 660,548 2, 560,777 5,626, 902 5, 791,614 5,492, 659 5, 798, 359 5, 524,939 28.08 28.68 29.97 32.69 32.36 3,217, 300 3, 207,082 3, 664,908 3, 346, 017 3,180,260 16.05 15.88 20.00 18.86 18.63 2, 287, 585 2,462,898 1, 717, 837 2, 341,155 2,239,427 11.46 12.20 9.37 13.20 13.12 122,008 121,634 109, 914 111, 187 105,252 47 49 50 51 54 2, 663,353 2, 683,438 2,721, 004 2, 920, 866 3,189,900 5,978, 551 5,699, 692 5,697, 478 6, 635, 005 7,038, 522 33.67 31.86 31.41 34.07 33.10 3,450, 529 3,336, 534 2, 966, 876 3, 260, 554 3,732, 709 19.43 18.65 16.36 16.74 17.55 2,419,586 2, 256,198 2, 626,141 3, 264,417 3,192, 688 13.63 12.61 14.48 16.76 15.01 108,436 106, 960 104,461 110, 034 113,125 57 61 67 68 71 3,329, 624 3, 598, 749 3, 863, 286 3,971, 589 4, 329, 961 7,529, 982 7, 672, 897 8, 288, 012 7,896, 910 9, 221, 771 33.92 31.98 32.18 29.83 31.95 3, 947,515 4, 034, 927 4, 096, 387 4,104, 213 5, 276, 940 17.78 16.82 15.91 15.50 18.28 3,465, 653 3,527, 877 4,075, 587 3, 672, 731 3,828,979 15.61 14.70 15.82 13.87 13.26 116,814 110,093 116,038 119, 966 115,853 71 75 83 86 86 4, 5, 5, 6, 6, 674,444 276,435 719, 220 330,097 291, 325 10,289, 333 11, 540, 554 11, 799,916 13, 784, 605 12, 882,230 33.02 32.81 30.95 32.66 30.71 5, 672, 302 5, 990, 889 6,134, 729 7, 276, 703 7,540,479 18.20 17.03 16.09 17.24 17.98 4,504,028 5,438, 612 5, 548,590 6, 385,396 5, 218,778 14.45 15,46 14.55 15.13 12.44 113,003 611,053 116,507 122,506 122,973 87 94 96 86 96 6,149,731 6,042, 609 5, 924, 963 6,036, 317 5,935, 642 12,446, 902 11,396, 749 11, 634, 948 12, 503, 944 11,717,229 30.36 28.29 29.46 31.07 29.61 7,457,014 6, 557, 882 6, 338,182 6,338, 048 6,789,265 18.19 1G.28 16.05 16*. 05 17.16 4,861,593 4,708 066 5,171,147 6,034, 811 4,800,478 11.86 11.69 13.09 15,00 12.13 128,295 130,801 125,619 131, 085 127,486 98 102 102 107 109 6, 215,145 6,418, 048 6,469, 509 6, 871, 682 6,822, 808 13,833,283 13, 674,031 14,125,458 15,136, 846 13,759,793 33.39 31.96 32.75 33.04 30.25 7,408,611 7,084, 911 7,124,899 6, 826,811 7,133,411 17.88 16.56 16.52 14.90 15.16 6,297,797 6, 459,741 6,870.159 8,181,249 6,489, 222 15.20 15.10 15.93 17.86 14.27 126,875 129, 379 130,400 128, 786 137,160 111 114 118 120 123 6,985,597 7,280, 605 7,407, 945 7,973,078 7,220, 289 14,398, 961 14,457,219 14,436, 316 15, 402, 798 12, 965,412 30.92 29.79 29. 23 28. 98 26.94 7,499, 805 7,148, 956 6, 844,093 7,188,163 7,689, 352 16.10 14.73 13.85 13.52 15.97 6,756,913 7,166, 979 7,450,124 8,070,144 5,126,361 14.51 14.77 15.08 15.18 10.65 142, 243 141, 284 142,099 144,491 149,699 126 127 125 125 7,002.973 " 13,974,031 7,441,637 14, 707,475 13, 418, 378 7,253, 722 14,066,112 7,410,697 29.93 29.65 29.75 28.47 7,904,310 8, 210, 360 7,670, 382 16.93 16.55 15.86 5, 916,675 6,335,458 5, 590,972 6,782,556 12.67 12.77 11.56 13.73 153,046 161,657 157,024 170,605 $106,730 112,866 112,135 116,750 116,909 1883. Mar. 13... Mayl.... June 22 .. Oct. 2 . . . . Dec. 3 1 . . . 1884. Mar. 7 . . . . Apr. 24... June 20 .. Sept. 30 .. Dec. 2 0 . . . 1885. Mar. 10... May 6.... Julyl.... Oct.l . . . . Dec. 24 . . . 1886. Mar.l...June 2 ... Aug. 27 .. Oct.7 . . . . Dec.28... 1887. Mar. 4 . . . . May 13... Aug.l ... Oct5.... Dec. 7 . . . . 1OQO looo. Feb. 1 4 . . . Apr. 30... J u n e 30 .. Oct. 4 Dec. 1 2 . . . 1889. Feb. 2 6 . . . May 13... J u l y 12 .. Sept. 30 .. Dec. 1 1 . . . 1890. Feb. 2 8 . . . May 17... J u l y 18... Oct.2 . . . . Dec. 19 . . . 1891. Feb. 2 6 . . . May 4 . . . . July9.... Sept. 25 . . 7,112,951 14.40 REPORT OF THE COMPTROLLER OF THE CURRENCY. 167 T A B L E SHOWING, B Y GEOGRAPHICAL DIVISIONS, THE R E S E R V E C I T I E S AND CENTRAL R E S E R V E C I T I E S , T H E N U M B E R OF BANKS I N OPERATION, ETC.—Continued. [Division No. 8—Arizona, Dakota, Montana, New Mexico, Utah, Washington, Wyoming, Oklahoma, and Indian Territory.] Amount of No. reserve reof quired, 15 Dates. banks per cent of net deposits. Reserve 1leld. Classification of reserve held. Amount. Lawful money (6 With reserve Five per cent). agents (9 percent). per cent Ratio. redempAmount. Ratio. Amount. Ratio. tion fund. 1882. 32 38 38 41 48 $1,144,970 1,340,349 1,379,900 1, 662,285 .1,815, 318 $1,864,032 2,242, 753 2,335,024 2,686,299 3,276,376 Per ct. 24.42 25.10 25.38 24.24 27.07 $1,234,034 1,346,771 1,285,644 1,566,209 1,893,011 Per ct. 16.17 15.07 13.76 14.13 15.64 Per ct. $547,357 7.17 803,072 8.99 970,470 10.55 1,019, 233 9.29 1, 276,446 10.55 $82,641 92,910 98,920 100,857 106,919 54 55 60 70 74 1,857,414 2,072, 505 2,234,510 2,362, 081 2,280,534 3,171,854 3,196,343 3,787,433 3,453,105 3,746,766 25.62 23.13 25.42 21.93 24.64 1,944,893 1,946, 749 1,946, 924 2,000,374 2,450,974 15.71 14.09 13.07 12.70 16.12 1,118,433 9.03 1,139, 293 8.25 1, 726,181 11.59 1, 331, 438 8.46 1,177,548 7.75 108,528 110,301 114, 328 121,293 118,244 78 84 87 87 86 2,206,520 2,256,846 2,194, 632 2,162,177 2,193,537 3,406,474 3,584,760 3,402,695 3,263,041 3,581,574 23.16 23.83 23.26 22.64 24.49 2,332,136 2,421, 783 2, 377,061 2, 077, 673 2,357,403 15.85 16.10 16.25 14.41 16.12 955, 815 1,038,881 899,284 1,066,754 1,114,624 6.50 6.90 6.15 7.40 7.62 118,523 124,096 126,350 118,614 109,547 Mar. 10... May6.... July 1 Oct.l Dec. 24 . . . 1886. 88 89 92 94 107 2,132,223 2,124, 749 2,317, 930 2,492,432 2, 633, 914 3,703,384 3,587,997 3,939, 596 4,420,239 4.881,391 26.05 25.33 25.48 26.60 27.80 2,525,590 2,387,887 2, 354,579 2,600, 691 3,166,234 17.77 16.86 15.24 15.65 18.03 1,068,609 7.52 1,089,153 7.69 1,473,460 9.53 1,704, 733 10.26 1,594,293 9.08 109,185 110,957 111, 557 114,815 120,864 Mar. 1.... 107 109 113 114 111 2, 643, 604 2, 745, 657 2,615, 777 2,675,213 2,852,550 4,716,817 4,688,187 5,173,789 5,149,624 5,258,108 26.86 25.61 29.67 28.87 27.65 3,057,426 3,091,659 3,135,269 3, 360, 609 3,560, 333 17.41 16.89 17.98 18.79 18.70 1,535,412 1,471,191 1,913,185 1,669,970 1,577,946 8.74 8.01 10.97 9.36 8.25 123,977 125,339 125,335 119,045 119,829 121 125 128 128 130 3,019,568 3,258,730 3,501,233 3,630,696 3,787,621 4,961,765 24.65 4,782,756 22.02 5,626,017 24.13 5,730,545 -23.68 6,290,797 24.91 3,418,756 3,357, 718 3,492,525 3, 715,196 4, 255,601 16.98 15.46 14.96 15.35 16.85 1,421, 601 1, 303,545 2,010, 740 1,888,860 1,908,315 7.06 6.00 8.57 7.80 7.56 121,408 121,493 122,752 126,489 126,88L 131 130 130 132 131 3,779,467 3,824,435 3,972,189 4,461, 321 4,552, 960 5,791,312 5,935,373 6,292, 050 7,758,182 7,853,939 22. 98 23.28 23. 76 26.08 25.88 3,874,586 3,887, 931 3,874,153 4, 241, 947 4,599,390 15.38 15.25 14.63 14.26 15.15 1,787,096 7.09 1,919, 790 7.53 2,289,537 8.65 3,386,255 11.39 3,124,805 10.29 129,630 127,652 " 128,360 129,980 129,744 133 138 144 151 152 4,782,884 5,050,912 5, 311,411 5,928, 263 6, 001,950 7,894,311 8,813,862 9,191,020 10,555, 490 9,742,120 24.76 26.18 25.96 26.71 24.35 4,617,893 4, 829,576 4, 849,185 4, 778,295 5,648,649 14.48 14.34 13.69 12.09 24.12 3,143,660 3, 847,235 4,206, 523 5,633,344 3,942,902 9.86 11.43 11.88 14.25 9.85 132,758 137,051 135,312 143,851 150,569 159 166 174 188 198 6, 072,253 6,366, 800 6,567,112 7, 023,128 6,766,459 10,551,559 10,108,136 10,843,892 11,958,439 10,652,105 26.07 23.81 24. 77 25.54 23.61 5,958,841 5, 760,189 5,911,199 6,157,780 6,667,228 14.72 13.57 13.50 13.15 14.78 4,440,876 4,188, 093 4,760,076 5,614,817 3,793,564 10.77 9.87 10.87 11.99 8.41 151,842 159, 854 172,617 185,842 191,313 203 210 216 6,598,191 6,678,807 6, 689, 079 6,894,169 11,364,659 11,160, 782 10, 878,920 12,043, 371 25.84 25.07 24.40 26.20 6,748,404 6,452,075 6,181, 605 6,036,951 15.34 14.49 13.86 13.13 4,414, 375 4, 502, 293 4,488,131 5,790,699 10.04 10.11 10.06 12.60 201,880 206,414 209,184 215,721 Mar. 1 1 . . . May 1 9 . . . Julyl.... Oct.3 Dec. 30 . . . 1883. Mar. 13... Mayl...- June 22... Oct. 2 Dec. 31 . . . 1884. Mar. 7.... Apr. 2 4 . . . June 20... Sept. 30... Dec.20 . . . 1885. June 3 Aug. 27... Oct. 7 Dec.28 . . . 1887. Mar. 4 . . . . May 13. .. Aug.l.... Oct.5 Dec. 7 . . . . 1888. Feb. 14 . . . Apr. 30... June 30... Oct. 4 Dec. 1 2 . . . 1889. Feb. 2 6 . . . May 1 3 . . . July 12... Sept. 30... Dec. 11 . . . 1890. Feb. 2 8 . . . May 1 7 . . . July 18*.. Oct.2t--.. Dec. 19 . . . 1891. Feb. 26... May4.... July 9.... Sept. 25... 224 * Oklahoma included from July 18,1890. t Indian Territory included from Oct. 2,1890. 1G8 REPORT OF THE COMPTROLLER OF THE CURRENCY, TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION, ETC.—Continued. [Division No. 9.—Reserve cities—Boston, Albany, Philadelphia, Pittsburgh, Baltimore, Washington, New Orleans, Louisville, Cincinnati, Cleveland, Chicago, Detroit, Milwaukee, St. Louis, and San Francisco.] Dates. Amount of No. reserve reof quired, 25 banks per cent of net deposits. Reserve held. Amount. Classification of reserve held. With reserve Lawful money (12J Five agents (12£ per cent). per cent per cent). Ratio. redempAmount. Ratio. Amount. Ratio. ion fund. 1882. Mar. 11.. May 19.. July 1 . . . Oct. 3 . . . . Dec. 30 .. 1883. Mar. 13.. Mayl... June 22 . Oct. 2 . . . . Dec. 31 . . 1884. Mar. 7 . : . Apr. 24.. June 20 . Sept. 30.. Dec. 20 .. 1885. Mar. 10.. May 6... July 1 . . . Oct.l.... Dec. 24 . . 1886. Mar. 1 . . . June 3 . . Aug. 27.. Oct. 7 . . . . Dec. 2 8 . . 1887. Mar. 4 . . . May 13*. Aug.lt.. Oct. 5 . . . . Dec.7 ... 1888. Feb. 14.. Apr. 30.. June 30 . Oct. 4 Dec. 12 . . Per ct. Perct. 192 $77, 032,003 $93,401,093 30.31 $54, 818,246 17.79 $34,852,796 192 80,294,028 102,352,999 31.87 59, 318,593 18.47 39,467, 976 193 81, 760, 651 95,874,953 29.32 57, 206,564 17.49 35, 233, 042 193 79, 694, 569 89,143,583 27.96 52,413,086 16.44 33, 213,032 195 77,095,866 95,051,887 30.82 54, 211,536 17.58 37,282,190 Feb. 26 . . May 13.. July 12.. Sept. 30.. Dec. 11 . . 1890. Feb. 28 . . May 17.. July 18 + . Oct. 2 Dec. 19 . . 1891. Feb. 26 . . May4... July 9§.. Sept. 25.. Per ct. 11.31 12.29 10.77 10.42 12.09 11.82 10.84 12.29 12.60 11.64 $3,730,051 3,566,430 3,435, 347 3,517,465 3, 558,161 198 199 200 200 202 77,419, 867 89,796,888 78,644, 546 91, 787,852 83,005,153 103,900,990 80,961,109 100, 638,235 83,646,150 105,535,835 29.00 29.18 31.29 31.08 31.54 49,661,801 54,129, 582 59, 515, 283 56,425, 507 63,273,391 16.04 17.21 17.93 17.42 18.91 36,592,761 34,090, 027 40,821, 353 40,798,990 38,944,133 202 202 204 203 203 85, 297, 591 84, 514, 593 75, 708, 561 76, 984,342 78,739, 375 111, 255, 631 104,165, 958 91,103, 676 99,022,475 103,685,153 32.61 30.81 30.08 32.16 32.92 61, 563, 512 62,160,250 59,623,045 63, 578,992 66,011,790 18.04 18.39 19.69 20.65 46,437,308 13.61 3,254, 811 38,827,197 11.49 3,178, 511 9.38 3,077, 293 32, 340, 900 10.50 3,102, 583 11.01 3,000,582 34,672,781 202 202 202 203 202 83,462,537 86,628, 766 89,118,594 91,118, 639 91,151,185 118,522,306 123,962,577 123, 423, 045 122,186, 751 117,043,608 35.50 35.77 34.62 33.52 32.11 74,383,404 80,109, 098 79,828,139 76,907,632 74,674,927 22.28 23.12 22.39 21.10 20.48 41,172,443 40, 912,049 40,661,809 42,402,600 39, 551,479 12.33 11.81 11.41 11.63 10.88 2,966,459 2,941,430 2,933,097 2, 876, 510 2,817,202 205 212 215 217 218 94, 506,304 96, 810, 237 93, 802,959 95,363,719 94,305,102 124,034, 337 122, 784,157 110,584,456 113,951,757 112, 821,235 32.81 31.71 29.42 29.88 29.91 77,446,733 80,738,933 68,232, 506 70,489,135 70,633,785 20.49 20.85 18.19 18.48 18.72 43,904,247 39, 567,423 40,072, 689 41, 271,509 40,371,942 11.61 10.22 10.68 10.82 10.70 2, 683,357 2,477, 801 2,279,261 2,191,113 1,815,508 220 210 221 223 223 99,518,660 124,447,510 86,270, 869 106,121,301 83,889,166 98, 389, 974 84, 621,164 100,714,633 84,031,602 97,132,024 31.26 30.75 29.32 29.75 73, 631, 556 64,496,954 59,504,534 59,524, 848 58,086,213 18.50 18.69 17.73 17.59 17.28 49, 217, 253 40,210, 839 37,672, 349 39, 993,709 37, 957,340 12.36 11.65 11.23 11.82 11.29 1,598,701 1,413, 508 1,213,090 1,196,076 1,088,471 221 224 224 223 88,281,912 88,841,975 93,119, 904 96, 217,307 92,796,351 107,045,750 105,914,479 113,399, 111 116,864,734 110,791,225 30.31 29.80 30.44 30.36 29.85 61,380,008 61,211,749 66, 493, 977 64,447,941 62,971,624 17.38 17.22 17.85 16.75 16.96 i 44,647,555 43,718,493 45,949, 662 51,508,038 47,013,696 12.63 12.30 12.34 13.38 12.67 1,018,187 984, 237 955,472 908,755 805,905 223 224 226 228 229 100,132,732 103, 814,057 106, 953, 841 104,752,379 99,449,783 129,178,251 132,810,931 131,366,426 121,912,119 112,113,813 32.25 31.98 30.71 29.10 28.18 66,585,765 72, 531, 581 71,388, 356 64, 592, 017 63,330, 689 16.62 17.47 16.69 15.42 15.92 61,860, 599 59,619,008 59, 343, 308 56,712, 959 48,173,145 15.44 14.36 13.87 13.54 12.09 731,887 660,342 634,762 607,143 609,979 234 239 259 259 258 102,211, 212 106,243,919 115, 477, 384 114,438,382 104,320,461 119, 560,033 29.24 122,780,265 28.89 131, 308,097 28.43 129, 777,284 28.35 120,929,702 28.98 65,270,448 66,575,944 71,778,457 68,071,517 69, 599,015 15.96 15.67 15.54 14.87 16.68 53, 684, 545 55,566,943 58, 806,133 60,999,210 50, 638, 370 13.13 13.08 12.73 13.33 12.14 605,000 637,378 723, 507 706, 557 692,317 74,395,302 78, 363,336 78,122,409 76, 990,726 17.05 17.46 17.67 17.04 56, 569,349 12.96 57,889,288 12.90 55, 317,148 12.51 61,005,875 13.50 695,246 703,342 707,844 790,031 260 109,081, 971 131, 659,897 262 112, 226,065 136,955,966 265 110,503,938 134,147,401 205 112,977,749 138,786,632 30.17 30.50 30.35 30.71 3, 542, 326 3, 568, 243 3,564,354 3,413,838 3,320,311 * Kansas City and St. Joseph included from May 13,1887, and Chicago and St. Louis transferred to division No. 10. tOmaha included from August 1,1887. tMinneapolis, St. Paul, and Brooklyn included from July 18,1890. fcDes Homes included from July 9,1891. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis REPORT OF THE COMPTROLLER OF THE CURRENCY. 169 TABLE SHOWING, B Y GEOGRAPHICAL DIVISIONS, T H E CENTRAL K E S E R V E C I T I E S , T H E NUMBER OF BANKS IN OPERATION, ETC.—Continued. [Division No. 10.—Central reserve cities—New York, Chicago, and St. Louis.] New York City. Dates. 1882. Mar. 11 May 19. Julyl.. Oct. 3 . . Dec. 30. 1883. Mar. 13 . Mayl... June 22. Oct. 2 . . . Dec. 31 . . 1884. Mar. 7 . . Apr. 24 . June 20 . Sept. BO . Dec. 20.. 1885. Mar. 10 . May 6... Julyl... Oct.l . . . Dec. 24.. 1886. Mar. 1 .. J u n e 3 .. Aug. 27 . Oct. 7 . . . Dec. 28 .. 1887. Mar. 4.. May 13. Aug. 1 . Oct. 5 . . Dec. 7 . . 1888. Feb. 14 . . Apr. 30 . June 30 . Oct. 4 . . . Dec. 12.. 1889. Feb. 26. May 13. J u l y 12. Sept. 30. Dec. 1 1 . 1890. Feb. 28 . May 17. Jul'y 18. Oct. 2 . . Dec. 19 . 1891. Feb. 26 .. May 4 . . . July 9 . . . Sept. 25 . Chicago. St. Louis. Amount Amount Amount of reserve Ratio of reserve Ratio of reserve Ratio No. of required, of No. of required, of of No. of required, banka. 25 per cent bank 25 per cent reserve banks. 25 per cent ^eserve of net de- held. of net de- held. of net de- held. posits. posits. posits. $63,982, 629 66,708,718 69,337,260 63,503, 245 64, 391,245 Per et. 25.16 26.14 25.99 25.36 26.14 62,437, 901 63, 422, 340 69, 809,640 66, 735,374 69, 509,209 23.59 25.48 28.81 26.53 27.58 75, 373, 069 70, 540,863 57, 948, 702 63,737,684 68,335,552 28.94 26.65 29.82 35.63 38.29 73,191,705 74,436,136 78,181, 211 78,214, 626 75,516,839 40.12 41.48 42.47 36.98 32.76 80,887, 727 74,187,977 70, 386, 879 70,697, 561 73, 607, 025 31.28 30.28 27.46 27.24 29.89 78,607,422 74, 921, 637 73,497, 514 71,084,776 72,379,059 28.70 27.64 28.11 28.18 27.18 $16, 993, 940 16, 579,934 16,161,735 15, 537, 512 30.41 33.14 30.53 28.80 $2,280,864 2, 710,600 2,574,297 1,999, 375 36.40 31.89 26.44 29.79 80,277,202 79,168, 388 84,608,091 85, 539, 988 82,639,532 30.29 29.93 30.34 28.16 29.12 16,167,806 17,822, 500 17, 961, 506 17,332,756 16,056,945 31.68 29.75 31.37 30.24 30.88 2,202, 808 2,177,175 2,217, 845 1,970,308 2,020,493 34.05 40.11 42.10 27.07 28.90 91, 069, 618 90, 257,748 89, 801, 522 84, 536,699 79,476, 706 28.72 28.73 27.08 25.10 26.99 16, 813,643 18, 564,211 19,411,765 19, 682, 820 18,500,455 33.60 35.50 31.79 31.69 30.29 2,013,392 1,885,147 2,812,114 2,995,249 2,979,311 42.12 46.75 40.95 26.71 24.80 84,259, 377 80, 585, 344 81,702, 359 83,147,968 75s 113,249 26.17 26.39 27.05 27.81 28.11 19,020, 602 21,248,980 21,034, 078 20,721,496 18,398,815 30.47 31.01 29.09 29.98 31.42 5,670,384 6,494,906 6,800,814 6,545,181 5,679,210 28.57 25.03 24.42 21.85 24.28 84,503, 622 81,835,203 82,571,595 81,940,346 28.91 26.96 29.93 26.26 19,713,708 23,991,723 22,943,151 23,216,492 32.77 33.88 31.02 33.62 6,048,537 6, 248,857 5,913,094 6,065,187 24.49 24.40 23.78 23.83 Per et. Per ct. 170 REPORT OF THE COMPTROLLER OF THE CURRENCY. AVERAGE WEEKLY DEPOSITS, CIRCULATION, AND RESERVE OF THE NATIONAL BANKS OF NEW YORK CITY, AS REPORTED TO THE NEW YORK CLEARING HOUSE, FOR THE MONTHS GIVEN, IN THE YEARS 1885. 1886. 1887, 1888, 1889, 1890 AND 1891. Week ended— Sept. 5,1885 Sept. 12,1885 Sept. 19,1885 Sept, 26,1885 Oct. 3,1885 Oct. 10,1885 Oct. 17,1885 Oct. 24,1885 Oct. 31,1885 Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Oct. 4,1886 11,1886 18,1886 25,1886 2,1886 Liabilities. Circulation. Net deposits. Reserve. Total. Specie. Total. Eatio to liabilities. Per cent. $9, 704,700 $321,859,000 $321, 563,700 1102,921,100 $28,701,900 $131., 623, 000 9,753,300 320,910,000 330,663,300 100,255, 300 28,842, 300 129,097, 600 9, 735,800 319,060,800 328, 796,600 97, 333,200 27, 662,800 124, 996, 000 9,808, 000 316, 767,000 326, 575, 000 95, 037,900 26, 014,800 121,052,000 9,902,900 315,002, 600 324,905, 500 92,351, 600 24, 516, 600 116, 868, 200 9,921,200 315,596, 200 325, 517,400 93,642, 500 23,002,000 116,644,500 9, 954,000 317, 296, 700 327, 250, 700 91, 945,300 22,221,100 114,166,400 313,767, 200 322, 773,200 87, 309,100 21,059,800 108,368,900 10,006,000 9,989, 800 313,399, 700 323,389, 500 84, 954,600 21,874,900 106,829,500 39.70 39. 04 38.01 37.07 35.97 35.83 34.8£ 33.47 33.0c 66,188,100 19,071,400 16, 929,300 15,876,700 15,252, 200 14, 607,700 13,069, 500 13,133,100 12,803,800 13,177,200 80,443,000 80,333,000 79,700, 600 81,966, 800 78,719,400 78,160,400 78,161, 700 78,472,200 79, 365, 300 27.60 27.66 27.52 28.14 27.10 27.02 25.72 26.88 27.11 59,175, 700 58, 851, 300 59, 052, 900 60,635,900 64, 619,200 64, 317,500 64, 663,100 64,918,700 66,005, 800 64,639, 800 63,791,600 18,786,100 17, 769,000 16, 389,600 16, 259,600 15, 767,500 16, 269,700 16,885,400 16, 735, 800 17,542,400 17,810, 700 18,070,800 77,961,800 76,620, 300 75,442, 500 76,895,500 80,386, 700 80, 587,200 81,548, 500 81,654, 500 83, 548,200 82, 450, 500 81,862,400 26.93 26.60 26.25 26.81 27.73 27.42 27.36 27.42 28.06 27.67 27.63 349,247,600 344, 346,000 320,888, 500 341, 887, 400 342,852, 600 356,022,100 344,271, 700 350,441, 700 350, 297, 700 349, 950, 500 73, 344,200 69, 844, 500 69,723,700 70,054,900 74,146,500 74,411,300 73,901,500 81,457, 700 81, 212, 600 80,140,200 30, 867, 300 104,031,500 28, 797, 600 98, 642,100 28,238, 900 97,962, 600 26, 320, 600 96,375, 500 24, 994,100 89,140, 600 23, 204,300 97,615,600 22,017,800 95, 919, 300 21, 386,800 102,844,500 21, 329, 800 102, 542,400 21, 700,800 101, 841,000 29.79 28.65 30.53 28.02 28.92 27.42 27.86 29.35 29.27 29.10 345, 344,200 346, 601, 000 342, 298, 800 340, 542, 700 334, 991, 500 329, 923,400 328, 225, 600 325, 328,100 325, 635, 600 320,166, 700 349, 306,100 350,574,100 346, 230,100 344, 488, 200 338,948, 600 333,867, 300 332,118,800 329,365,500 329,689,200 324,157,900 65, 635,100 63, 824, 300 60, 894, 900 60, 375,900 58,407,200 59,565, 900 62, 537,900 62,403, 200 62,450,000 61,240,500 31,687,500 30,527,100 29/468,400 28,933, 700 27,257,900 24,873,400 23, 570,300 22,715,200 22,748,700 20,416,800 97,322,600 94,351,400 90,363,300 89,309,600 85, 665,100 84,439, 300 86,108,200 85,118, 400 85,198,700 81, 657, 300 27.86 26.91 26.10 25.93 25.27 25.29 25.93 25.84 25.84 25.19 3, 690, 700 3, 700,100 3,585,700 3,479, 300 3, 505,000 3,521,300 3,518,800 3,497,200 3,500, 800 3,493,500 309,128,200 304,626,200 309,181, 200 324,335, 300 331,436, 600 325,794, 800 320,667,900 317,395, 500 314, 709,700 309, 975,100 312,818, 308,326, 300 312,76G, 900 327,814, 000 334, 941, 600 329,316,100 324,186, 700 320,892, 700 318, 210, 500 313,468, 600 68, 678, 800 56, 963, 600 63, 588, 600 79,205,500 80, 839, 400 73,148, 900 66, 552,400 65, 680,500 66, 088,800 62,360,900 19, 062, 800 19,146, 500 17,403, 400 16, 692, 300 15,353, 900 14,436,700 14,642,500 15,611,800 16,334,300 15,517,400 87, 741, 600 76,110,100 80, 992, 000 95, 897, 800 96,193,300 87,585,600 81,194,900 81,292, 300 82,423,100 77, 878,300 28.05 24.68 25.90 29.25 28. 72 26.60 25.05 25.33 25.90 24.84 5,459,400 5, 527,000 5, 501, 200 5,567,700 5,619,000 5, 629,100 5,576,500 5,573,400 5,592,600 5,587,400 332,378,600 332,578,000 335,317,300 333,004,000 331,492,100 332,294,100 339,667,000 341,023,000 343,572,700 345,411, 300 337,838,000 338,105,000 340,818,500 338,571, 700 337, 111, 100 337,923,200 345,243, 500 346,596,400 349,165, 300 350,998, 700 49,293,200 51, 750, 700 53,065, 900 52,824,200 54,783,400 59, 731, 800 65, 532, 000 69, 327, 700 71,771,500 71,728,600 44,509, 800 41,488, 500 39, 540,900 35, 676, 300 32,879,900 30, 905,700 29, 610, 500 27, 347,300 26, 779,400 23, 665,800 93,803,000 93,239,200 92, 611, 800 88, 500,500 87, 663, 300 90, 637, 500 95,142,500 96, 675, 000 98, 550, 900 95, 394,400 27.77 27. 58 27.17 26.14 26.00 26.82 27.56 27.89 28.22 27.18 9.1886 16,1886 23,1886 30.1886 8, 059, 200 283, 366, 700 8,058,000 282,417,800 8,104, 800 281,466,500 8,136,100 283,170,900 8,161,800 282, 295,800 8,110, 700 281,170, 758 8, 215,900 295,713, 900 8, 246,400 283,693,500 8, 234,900 284,522,500 291,425,900 290,475, 800 289,571,300 291, 307, 000 290, 457.600 289,281,458 303,929, 800 291,939,900 292,757, 400 61,371,600 63,403,700 63,823, 900 66, 714,600 64, 111, 700 65,090,900 65,028, 600 Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Oct. Nov. Nov. 3.1887 10.1887 17,1887 24,1887 1,1887 8,1887 15,1887 22,1887 29,1887 5.1887 12.1887 8,112,000 8,115, 600 8,126, 000 8,235, 300 8,202, 500 8,186, 800 8,199,100 8, 216, 200 8,115,100 8, 046,100 8,033, 700 281,345,100 279, 915, 600 279.288, 500 278,573, 000 281,647, 300 285, 703, 700 289,861, 500 289,542, 800 289, 601, 900 289,954,700 288.289, 700 289,457,100 288,031, 200 287,414, 500 286, 808, 300 289,849, 800 293,890, 500 298,060,600 297,759,000 297,717,000 298,000,800 296,323,400 Sept. Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Nov. 1.1888 8,1888 15.1888 22,1888 29,1888 6,1888 13,1888 20,1888 27.1888 3.1888 7,770, 400 7, 850,400 7,892, 900 7, 927, 700 6,836,400 6,515,300 6,516,700 6,488,700 6,484,500 6,363,200 341,477,200 336,495,600 312,995,600 333.959,700 336, 016, 200 349,506, 800 337,755,000 343,953,000 343, 813,200 343,587, 300 Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Nov. Nov. 7.1889 14,1889 21.1889 28,1889 5,1889 12,1889 19,1889 26,1889 3,961,900 3,978,100 3,931,300 3,945, 500 3, 957,100 3, 943, 900 3, 893, 200 4,037,400 4,053, 600 3, 991, 200 Sept. Sept. Sept. Sept. Oct. Oet. Oct. Oct. Nov. Nov. 6,1890 13,1890 20,1890 27,1890 4,1890 11,1890 18,1890 25.1890 1,1890 8.1890 Sept. Sept. Sept. Sept. Oct. Oct. Oct. Oct. Oct. Nov. 5.1891 12.1891 19,1891 26,1891 3,1891 10,1891 17,1891 24,1891 31,1891 7,1891 2,1889 Legal tenders. REPORT OF THE COMPTROLLER OF THE CURRENCY. 171 TABLE SHOWING THE MOVEMENT OF THE RESERVE OF THE NATIONAL BANKS nr NEW YORK CITY DURING OCTOBER FOR THE LAST FIFTEEN YEARS. Ratio of reserve to— Week ended— October 6,1877 October 13,1877 October 20,1877 October 27,1877 October 5,1878 October 12,1878 October 19,1878 October 26,1878 October 4,1879 October 11,1879 October 18,1879 October 25,1879 October 2,1880 October 9,1880 October 16,1880 October 23,1880 October 30,1880 October 1,1881 October 8,1881 October 15,1881 October 22,1881 October 29,1881 October 7,1882 October 14,1882 October 21,1882 October 28,1882 October 6,1883 October 13,1883 October 20,1883 October 27,1883 October 4,1884 October 11,1884 October 18,1884 October 25,1884 October 3,1885 October 10,1885 October 17,1885 October 24,1885 October 30,1885 October 2,1886 October 9,1886 October 16,1886 October 23,1886 October 30,1886 October 1,1887 October 8,1887 October 15,1887 October 22,1887 October 29,1887 October 6,1888 October 13,1888 October 20,1888 October 27,1888 October 5,1889 October 12,1889 October 19,1889 October 26,1889 October 4,1890 October 11,1890 October 18,1890 October 25,1890 October 3,1891 October 10,1891 October 17,1891 October 24,1891. October 31,1881 Specie. Legal tenders. Total. $14,665,600 $36,168, 300 $50, 833, 900 14, 726, 500 35,178,900 49,905,400 35,101,700 14,087,400 49,189,100 34, 367,800 15,209,000 49,576, 800 38,304,900 14,995, 800 53, 300, 700 37, 685,100 12,184,600 49, 869, 700 36,576,000 13,531,400 50,107,400 35,690,500 17,384,200 53,074, 700 34, 368,000 18,979,600 53, 347,600 32, 820, 300 53, 722,100 20,901,800 24, 686, 500 29, 305, 200 53,991, 700 25,636,000 52, 349,900 26, 713,900 59, 823, 700 11,129,100 70,952,800 62, 521, 300 10, 785,000 73,306,300 62, 760, 600 10, 939, 200 73, 699, 800 60,888, 200 10, 988, 200 71,876, 400 61,471,600 10, 925, 000 72, 396, 600 54,954, 600 67,105,000 12,150, 400 53, 287, 900 12,153,800 65, 441,700 12,452, 700 51,008, 300 63, 461,000 12,496,500 54,016, 200 66, 512,700 12, 947,900 55, 961,200 68, 909,100 18, 384,500 47,016,000 65,400, 500 18, 002, 700 66,283,700 48,281, 000 17, 023, 900 66, 542,100 49,518, 200 17, 204, 700 65, 578,900 48,374, 200 20,122, 500 51,586, 700 71,709, 200 50, 894, 000 21,145, 800 72,039, 800 47, 262, 900 20, 719,700 67,982,600 46, 372, 800 20, 617,600 66,990, 400 67, 470, 600 25,817, 300 93,287,900 68,922,500 96,576,600 27,654,100 67, 579,400 27, 875, 500 95,454, 900 67, 638,000 94,992,200 27,354,200 92, 351, GOO 24,516, 600 116, 868,200 93, 642, 500 23,002, 000 116,644, 500 22,221,100 114,166,400 91,945, 300 21,059, 800 108,368,900 87, 309,100 84, 954, 600 21,874,900 106,829,500 64, 111, 700 14,607, 700 78, 719,400 65, 723, 800 13,209,100 78,932,900 13,133,100 65,228,600 78,361, 700 65, 668, 400 12, 803, 800 78,472, 200 13,177, 200 66,195,400 79, 372, 300 64, 619, 200 15,767, 500 80, 386, 700 64, 317, 500 16,229, 700 80,587, 200 16,885, 400 64, 663,100 81,548,500 16,735, 500 64,918,700 81, 654,500 17, 542, 600 82,848, 400 66,005, 800 23,204, 300 74,411, 300 97, 615, 600 22, 017, 800 95,919, 300 73,901, 500 81,457, 700 21, 386, 800 102, 844,500 81, 212, 600 21, 329, 800 102, 542,400 58,407, 200 27,247,900 85, 655,100 59, 565,900 24, 873, 400 84,439, 300 62,537,900 23,570,300 86,198,200 62,403,200 85,118,400 22, 715,200 80,839, 400 96,193,300 15,353,900 73,148, 900 87, 585,600 14,436,700 66,552,400 81,194, 900 14^ 642, 500 81,292,300 65, 680, 500 15,611, 800 87,663,300 54, 783, 400 32,879, 900 90.637, 500 59, 731, 800 30,905, 700 29, 610, 500 95j 142, 500 65, 532,000 96,675,000 69, 327, 700 27,347,300 98,550,900 26,779,400 71,771,500 Circula- tion and Deposits. deposits. Per cent. Per cent. 27.0 29.5 26.7 29.2 26.5 29.0 26.8 29.4 25.7 28.4 24.4 27.0 24.7 27.3 25.8 28.5 23.3 25.8 23.4 25.9 23.5 26.1 23.0 25.5 25.4 26.4 25.4 27.2 25.5 27.1 24.8 26.6 25.0 26.7 23.1 24.8 23.1 24.9 23.2 25.0 24.6 26.6 25.6 27.4 24.0 26.3 24.7 26.6 25.0 26.8 24.8 26.5 25.5 27.0 25.4 26.8 24.5 25.9 24.5 25.9 34.5 36.3 35.2 36.9 34.8 36.5 34.6 36.3 36.0 37.1 35.8 37.0 34.9 36.0 33.5 34.5 33.0 34.1 27.1 27.9 27.0 27.7 26.7 27.4 26.9 27.7 27.1 27.9 27.7 28.5 27.4 28.2 27.3 28.1 27.4 28.2 27.8 28.6 27.4 27.9 27.8 28.4 29.3 29.9 29.3 29.8 25.3 25.6 25.3 25.6 25.9 26.2 25.8 26.2 28.7 29.0 26.6 26.9 25.0 25.3 25.3 25.6 26.0 26.4 26.8 27.3 27.6 28.0 27.9 28.3 28.2 28.7 172 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT O F R E P O R T S O F E A R N I N G S AND D I V I D E N D S FROM SEPTEMBER 1, 1890, o. of States, Reserve Cities, and banks. Capital stock. Territories. Maine New Hampshire. Vermont Massachusetts . . Boston Rhode Island Connecticut Division No.l. New York New York City . Albany Brooklyn New Jersey Pennsylvania Philadelphia Pittsburg Division No. 2 . Ohio Cincinnati.. Cleveland.. Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee. Division No. 5 Gross earnings. $11,010,000.00 6,230,000.00 7,360, 000. 00 45,167,000.00 51,800,000.00 20,184,050.00 23,774,370.00 $2, 769,137.09 $13, 779,137.09 $949,650.90 1, 610, 282.64 7,840,282.64 542, 544.05 1,800,117.48 9,160,117.48 613,010.01 14,949,586.59 60,116, 586. 59 3, 865, 710.64 14,046,987. 56 65, 846, 987.56 3, 860, 014.46 4,590,203.01 24,774, 253.01 1, 222,205.20 7,497,556.77 31, 271,926. 77 1,974,924.83 583 165,525,420.00 47,263,871.14 261 47 6 5 94 279 44 33, 034, 060.00 48,860, 000.00 1,550, 000.00 1,352, 000.00 14,258, 350.00 35, 557, 390.00 23, 308, 000.00 10, 900, 000.00 10,117, 834.10 37,455, 235.55 1, 284, 500.00 1, 851, 722.90 6,186, 418.19 15,180, 130.48 12, 770, 803. 08 6,204, 726.23 762 168,819,800.00 91,051,370. 53 960,791. 97 1, 222,234.15 4,275,000. 00 100,000.00 956,000.00 1,965,500.00 558, 861.58 26, 818,245.00 Division No. 3 . Division No. 4. Capital and surplus. 78 51 51 204 56 59 84 Delaware Maryland Baltimore District of Columbia Washington Virginia "West Virginia North Carolina... South Carolina... Georgia Florida Alabama Mississippi Louisiana New Orleans. . Texas Arkansas Kentucky Louisville Tennessee Surplus. 212,789,291.14 13,028,060.09 43,151,894.10 86,315, 235.55 2,834, 500.00 3,203, 722. 90 20,444, 768.19 50,737,520.48 36,078,803.08 17,104, 726.23 3,818, 226.08 9, 655,596. 62 398, 765,94 335, 588.64 1,868, 303.25 3,928, 565.33 2,605, 463.77 1,251, 421.70 259, 871,170.53 23,861,931. 33 3, 094, 776.97 4,583,934.15 16,588,260.00 352,000.00 3,291,000.00 6, 211,800.00 2, 734,861.58 221,441.24 390,683.50 991,441.46 39,048.05 314, 233. 75 619,043.16 276,965.16 10, 038, 387. 70 36, 856. 632. 70 2,852, 856. 32 636, 311.43 884, 250.00 1,239, 466. 60 199, 925.00 1,050, 627.27 401, 700.00 176, 000.00 1,787, 500.00 3,936, 164.24 393, 670.00 2,703, 112.22 1,141, 800.00 2,158, 072.55 3,182, 311.43 265,943.86 2,682,250.00 283, 058. 72 5,190, 466. 60 479,151.91 1,349, 925.00 207, 629. 98 5,329, 627.27 488,051.20 1,541, 700.00 141,053.12 886, 000.00 97,365.45 5,412, 500.00 691,193.00 27, 330,564.24 2,804, 464.97 1,943, 670.00 223, 034.08 12, 836,012.22 973,614.66 5,793, 300. 00 391,197.62 11, 983,072.55 1,042,750.02 20 16 30 15 29 12 9 10 192 9 66 10 51 2,546, 000.00 1, 798,000. 00 3,951, 000.00 1,150, 000.00 4,279,000.00 1,140, 000.00 710, 000.00 3, 625, 000. 00 23,394,400.00 1,550,000. 00 10,132,900.00 4,651,500.00 9,825,000.00 469 68,752,800.00 16, 708,599. 31 85,461,399.31 8,088,208. 59 209 13 10 100 178 20 25,419,000.00 8,900,000.00 6,750,000.00 12,652,000.00 15,230,290.00 16,100,000.00 10,979, 600.00 4,400,000.00 5,945,000.00 850,000.00 6,504, 801.01 2, 349,500.00 1, 340,000.00 4,080, 464.03 4,850. 954.96 7,480, 000. 00 2, 970.260. 02 602, 000.00 1,646, 870.81 475, 000. 00 31,923, 801.01 11,249, 500. 00 8, 090,000. 00 16, 732,464.03 20, 087,244.96 23, 580,000.00 13,949, 860.02 5,002, 000.00 7,591, 870.81 1, 325,000.00 2, 621,830. 63 1, 012, 874.32 614,823. 34 1,653,331.69 2,064,641.37 2,772,381.40 1,399,488.40 564,375.27 834, 947. 66 186,815.59 107,225,890.00 32,305,850.83 65 705 139,531,740.83 13,725,509.67 REPORT OF THE COMPTROLLER OF THE CURRENCY. 173 OF NATIONAL BANKS IN THE UNITED STATES. TO MARCH 1. 1891. Charged off. Losses and premiums. Ratios. Expenses and Net earnings. taxes. Dividends. $115,759.81 72, 782.61 86,972. 84 628,498. 05 315,946.44 228, 605.14 357,474.06 $217,648.66 144,775.00 169,032.20 1, 371, 261.11 1, 363,701.30 230,396.93 449, 990.51 $616,242.43 324,986.44 357,004.97 1,865, 951. 48 2,180, 366. 72 763,203.13 1,167,460.26 $441,975.00 344,850.00 262,500.00 1,561,660.03 1,441,491.20 590,702.25 887, 295. 00 1,806,038.95 3,946,805.71 7,275,215.43 5,530,473.48 488, 642. 04 1,184,879.08 198,360.94 46,556.13 195,929.60 526, 263. 52 259,016.12 88, 308.41 1,428, 565.29 4,014,638.63 154,368.17 113, 224. 96 589, 357. 88 1,095,587.59 950, 977.51 391,736. 54 1,901,018.75 4,456, 078.91 46, 036. 83 175, 807. 55 1,083,015.77 2, 306, 714. 22 1, 395, 470.14 771,376. 75 1,234,565.20 2,386,468. 82 69,000. 00 90,600.00 635,784.00 1,340,121.10 833,000. 00 402,000.00 2,987,955.84 8, 738,456. 57 12,135,518.92 6, 991,539.12 24,487.34 35, 534.73 159, 220.89 2,000.00 37, 290.56 51, 215. 76 25,447.59 56,864.18 161,874.55 288, 060.58 9,622. 99 127, 775. 79 225,181.53 95,182.85 140,089. 72 193,274. 22 544,159.99 27, 425.06 149,167. 40 342, 645.87 156, 334. 72 105,061.82 129,944.04 424,308.30 10,080.00 59,500.00 181,235.00 75, 280.00 335,196.87 964,562.47 1,553,096. 98 985,409.16 45,051.92 26,690.45 24,834.93 10,801.16 81,889.05 5, 220.31 3,125.18 140,179.93 225,570.98 28,252.21 77,680.76 16,970.95 101,878.22 91, 535.18 107,144. 59 211, 228. 06 93, 701.02 186,735. 20 68,530. 21 35,940. 67 331, 990. 64 957, 365. 83 63,288.36 278,060. 82 139, 373. 29 392,010.88 129,356.76 149,223 68 243,088. 92 103,127. 80 219,426. 95 67, 302. 60 58,299.60 219,022.43 1, 621, 228.16 131,493.51 617,873.08 234, 853. 38 548, 860.92 101,750.00 83,120.00 197,224.36 52,725.05 163,235.00 60,750.00 26,400.00 155,750.00 976,568.64 92, 500.00 361, 394.00 149, 060. 00 349,500.00 788,146.05 2,956,904.75 4, 343,157. 79 2, 769,977. 05 250,830.28 64,555.91 44, 697.83 189,134.96 191,598.72 253,908.59 130,060.10 63,733.57 39,353.68 36,461.76 937, 861.93 349,649.18 232, 408.10 554,384.13 ' 643, 734.92 1,058,379.90 472,802.72 320,135. 53 328,951. 94 92,067. 31 1,433,138. 42 598,669, 23 337, 717. 41 909, 812.60 1,229, 307.73 1, 460, 092. 91 796, 625.58 180,506.17 466, 642.04 58,286.52 1,197,885.45 342,500.00 215,000.00 639,980.00 786,940.00 648,000.00 486,727.08 150,000.00 241,720. 72 42,000.00 1,264,335.40 4,990,375.66 7,470,798. 61 4, 750,753. 25 Net earn- Dividends ings to to capital Dividends and capital and to capital. surplus. surplus. Per cent. 4.47 4.15 3.90 3.10 3.31 3.08 3.73 3.42 Per cent. 3.21 4.40 2.87 2.60 2.18 2.38 2.84 2.59 Per cent. 4.01 5.54 3.57 3.46 2.78 2.93 3.73 4.40 5.16 1.62 5.49 5.30 4.55 3.87 4.51 4.67 2.86 2.76 2.43 2.83 3.11 2.64 2.31 2.35 2.69 3.74 4.88 4.45 6.70 4.46 3.76 3.57 3.69 4.14 8 9 10 11 12 13 14 15 4.53 4.22 3.28 7.79 4.53 5.52 5.72 4.21 3.39 2.83 2.56 2.86 1.81 2.92 2.75 2.67 4.92 3.81 3.45 4.00 2.55 4.27 3.46 3.67 16 17 18 19 20 21 22 4.06 5.56 4.68 7.64 4.12 4.37 6.58 4.05 5.93 6.77 4.81 4.05 4.58 5.20 3.20 3.10 3.80 3.90 3.06 3.94 2.98 2.88 3.84 4.76 2.82 2.57 2.92 3.32 4.00 23 4.62 24 4.99 25 4.58 26 3.81 27 5. £3 28 3.72 29 4.30 30 4.17 31 5.96 32 3.57 33 3.20 34 3.51 35 4.14 4.49 5.32 4.17 5.44 6.12 6.19 5.71 3.61 6.15 4.40 5.35 3.75 3.04 2.66 3.82 3.92 2.75 3.49 3.00 3.18 3.17 3.40 4.71 3.85 3.19 5.06 5.17 4.00 4.43 3.41 4.07 4.94 4.43 1 2 3 4 5 6 7 3.34 16 36 37 38 39 40 41 42 43 44 45 174 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF R E P O H T S OF E A R N I N G S AND D I V I D E N D S O F FROM SEPTEMBER 1, 1890, States, Reserve Cities, and No. of Capital stock. Territories. banks. Iowa Minnesota St.Paul Minneapolis Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha Division No. 6 $3,016, 516.67 972, 575. 64 1, 304, 500.00 444,000.00 687, 545. 56 1,271,000.00 1,011, 500.00 177,000.00 1,975, 209.94 1,532,935.80 546,500.00 566 76, 654, 390.00 12, 939, 283. 61 89, 593, 673.61 8,420,014,47 7,415, 000. 00 282.000.00 5,975, 000.00 2,500, 000. 00 3,063, 000.00 200,000.00 1,774,689. 22 103, 000.00 1, 368, 293.92 775, 000.00 721, 929. 85 33,000.00 9,189, 689. 22 385, 000.00 7, 343, 293. 92 3,275. 000.00 3,784,929.85 233, 000.00 1,479,007. 55 36,116.94 779,045.90 240,548. 74 519,892.15 26,419. 84 19,435,000.00 4,775,912.99 24,210,912.99 3, 081,031.12 2,025, 000.00 2,520,000.00 400,000.00 3,825,000.00 975, 000. 00 200,000.00 150, 000.00 2,400,000.00 1, 300,000.00 5, 560,040.00 421, 797.90 609, 810.01 171, 400. 00 578,000.00 237,100.00 2,000.00 1, 500.00 700,000.00 220,950. 00 1,404,907.40 2,446, 797.90 3,129,810.01 571,400.00 4,403,000.00 1,212,100.00 202,000. 00 151, 500.00 3,100, 000.00 1, 520. 950.00 6,964,947.40 323,366. 82 323, 499.10 109, 659.85 674,371. 87 154,759. 75 15, 888.20 12, 983. 29 322, 506. 76 168, 572.11 927,401.64 23, 702,505.31 3,033,009.39 127 Washington "United States Gross earnings. $11, 320, 000.00 4,945, 000. 00 5,200, 000.00 3,840, 000. 00 4,265, 000.00 9,700, 000.00 7,800, 000.00 2,000, 000.00 13, 709, 100.00 9, 875, 290.00 4, 000, 000.00 North Dakota South Dakota Idaho Montana New Mexico Oklahoma Indian Territory . . . Utah Wyoming Division No. 8 Capital and surplus. 139 48 6 6 57 8 10 4 152 127 9 Colorado Nevada California San F r a n c i s c o . . Oregon Arizona Division No. 7 Surplus. 188 19,355,040.00 4,347,465.31 3,542 652,586,585.00 219,430,741.42 $14,336,516.67 $1,445,610.16 5,917, 575.64 546,349.29 6, 504,500. 00 531,706.50 4,284, 000.00 328,960.65 4,952, 545. 56 462,996.18 10,971, 000. 00 1,020,673.20 8,811, 500. 00 775,478.16 2,177,000.00 222,917. 02 15, 684, 309. 94 1, 382, 365. 20 11, 408,225.80 1,102,127.40 4, 546, 500.00 600, 830.71 872,017, 326.42 76,090,620.98 REPORT OF THE COMPTROLLER OF THE CURRENCY. 175 NATIONAL BANKS IN THE UNITED STATES—Continued. TO MARCH 1, 1891. Ratios. Charged off. Losses and premiums. Expenses and Net earnings. taxes. $154.072.19 58, 711. 00 87,219.78 39,533.09 22,586.53 76,067.61 101.187.71 52,332. 29 188,703.09 87,014.88 29,620.06 $512,152.90 177, 336. 64 130,712.05 94, 639. 06 177, 510.97 435,092.50 351,031. 38 59, 941. 29 648, 391. 95 484,713, 38 353,900. 89 $779, 385.07 310, 301. 65 313,774. 67 194, 788.50 262, 898. 68 509.513.09 323, 259.07 110, 643.44 545, 270.16 530, 399.14 217,809.76 Dividends. $648,645.83 185, 950. 55 218,100.00 112, 700. 00 213, 544.42 316, 000.00 275,500.00 66, 000. 00 437,493.94 344, 511. 66 133,000.00 "Net earn- Dividends ings to to capital Dividends and capital and to capital. surplus. surplus. Per cent. 5.44 5.24 4.82 4.55 5.31 4.64 3.67 5.08 3.48 4.65 4.78 Per cent. 4.52 3.14 3.35 2.63 4.31 2.88 3.13 3.03 2.79 3.02 2.93 Per cent. 5.73 3.76 4.19 2.93 5.01 3.26 3.53 3.30 3.19 3.49 3.33 897,048.23 3,425,423. 01 4, 097,543. 23 2,951,446.40 4.57 3.29 3.85 131,426.54 1,468. 65 118, 811.14 6, 778. 36 35, 732.05 1,015.00 493,162. 38 16,197.16 259, 009.20 55, 360.16 159, 288.59 10, 726.80 854,418.63 18,451.13 401, 225. 56 178,410, 22 324, 871. 51 14, 678.04 379, 550.00 16, 920.00 291, 500.00 100,000. 00 138, 250.00 9,000.00 9.30 4.79 5.46 5.45 8.58 6.30 4.13 4.39 3.97 3.05 3.65 3.86 5.12 6.00 4.88 4.00 4.51 4.50 295,231.74 993, 744.29 1,792,055. 09 935, 220.00 7.40 3.86 4.81 106, 016. 27 42, 668. 79 11,150. 60 100,678.04 9, 727. 74 94.73 7.81 15,931.13 66, 245. 68 47, 356.41 95,199.51 139,196. 02 35, 010.42 283,162.01 68, 655. 93 7, 628.57 5,980. 69 103,938.26 81, 734.03 334,039.14 122,151. 04 141, 634. 29 63,498.83 290, 531. 82 76,376. 08 8,164.90 6, 994. 79 202, 637.37 20,592.40 546, 006.09 101, 250.00 72, 750.00 45,000.00 137,750.00 61, 500.00 4, 500. 00 2, 092.95 61,500, 00 34, 750.00 332,864.43 4.99 4.53 11.11 6.60 6.30 4.04 4.62 6.54 1.35 7.84 4.14 2.32 7.88 3.13 5.07 2.23 1.38 1.98 2.28 4.78 5.00 2.89 11.25 3.60 6.31 2.25 1.39 2.56 2.67 5.99 399, 877. 20 1,154,544.58 1,478,587.61 853,957.38 6.24 3.60 4.41 8, 773, 830. 28 27,170, 817.04 40,145, 973, 66 25,768, 775. 84 4.61 2.96 3.95 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 176 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT O F R E P O R T S O F E A R N I N G S AND D I V I D E N D S FROM MARCH 1, 1891, States, Reserve Cities, and No. of banks. Capital stock. Territories. Maine New Hampshire . Vermont Massachusetts . . . Boston Rhode Island Connecticut 165,392,090.00 Division No. 1. 265 49 6 5 95 291 43 26 32,985, 260.00 50,861,970.00 1, 550,000.00 1,352, 000.00 14, 308,350.00 36, 835,131.15 22,958, 000.00 10,900, 000.00 Division No. 2. 780 171,750,711.15 Delaware Maryland Baltimore District of Columbia Washington Virginia West Virginia Division No. 3. Division No. 4. Ohio Cincinnati .. Cleveland . . . Indiana Illinois Chicago Michigan , Detroit Wisconsin Milwaukee*.. Division No. 5 Capital and surplus. 78 $10, 935, 000.00 $2,724,850.00 $13,659,850.00 52 6, 270,170. 00 1, 611,912.13 7, 882,082.13 50 9, 016,46p. 00 7, 210, 000.00 1,806,460.00 205 45,217, 500.00 15,261, 030.50 60,478, 530.59 61 51,800,000.00 14, 536,613.57 66,336, 613.57 59 20,184,050.00 4, 631,152. 70 24,815, 202. 70 84 23, 775,370.00 7,481,933. 58 31, 257, 303.58 New York New York City. Albany Brooklyn New Jersey Pennsylvania Philadelphia Pittsburg North Carolina... South Carolina... Georgia Florida Alabama Mississippi Louisiana New Orleans . Texas Arkansas Kentucky Louisville Tennessee Surplua. 2,133,985.00 3,411, 700. 00 13,016, 760.00 252,000.00 2,408,720.00 4,386, 300.00 2,176,000.00 48,053,952.57 Gross earnings. $812,034.82 483,153.99 499, 827.12 3, 589, 544.04 4,270, 604. 69 1,182, 848.18 1, 786. 025.38 213,446,042.57 12, 624,038.22 10, 013,174.44 42, 998,434.44 3,430, 658.88 37,731, 292.92 88, 593,262.92 10,139, 167. 25 1, 290, 000.00 2,840, 000. 00 304, 606.15 1,893,000.00 3,245,000.00 305, 132.02 6,286, 605.82 20,594, 955.82 1, 721,501.13 15,627,268.80 52,462, 399. 95 3, 785,006.40 13,018,303. 08 35, 976, 303.08 2,498, 657. 71 6, 233,918.84 17,133, 918.84 1,147, 834. 71 92,093,563.90 263,844,275.05 23,332, 564.25 962, 075. 34 1,252,137.14 4, 293,000. 00 100,000.00 992,000.00 2,171, 650. 00 584,359.05 3,096, 060.34 185,263.05 4, 663,837.14 353, 029. 89 17, 309,760.00 1,008,501.65 352,000. 00 20, 866.88 3,400, 720.00 280, 710.99 6, 557,950.00 595, 210.10 2,760, 359.05 221,211.07 149 27,785,465.00 10,355,221. 53 38,140, 686. 53 2, 664,793.63 20 15 30 16 29 13 11 10 204 2,601,000.00 1, 648, 000.00 4,091,000.00 1,100.000.00 4, 269, 000.00 1,175, 000.00 795, 500.00 3, 625,000.00 25, 302, 800.00 1, 550, 000.00 10, 292,900.00 4, 901, 500. 00 10, 330,000.00 660,058.31 985, 600.00 1,164,100.75 210,150.00 1,046,914.06 419, 700. 00 193, 225.00 1, 897,500.00 4,451,946.42 414,000.00 2, 789,402.11 1,132,860.00 2,222,868.24 3, 261,058.31 294, 560.71 2, 633, 600.00 335, 825.09 5, 255,100.75 587, 551. 09 1,310,150.00 248, 258. 37 5, 315, 914.06 448,133.14 1,594, 700.00 192,109.67 130,483. 68 988,725.00 703, 666. 30 5,522, 500.00 29, 754, 746.42 2,820, 556.81 1,964,000.00 196, 036. 25 13, 082, 302.11 862, 315. 05 6, 034, 360.00 350, 522. 67 12,552,868.24 1, 019, 368.72 489 71, 681, 700.00 17, 588,324.89 211 13 10 100 180 20 101 8 25, 994, 000.00 8, 900,000.00 7, 550,000.00 12,477, 000.00 16, 091, 750. 00 17,100,000. 00 10, 809, 600.00 4, 400, 000.00 6, 010,000.00 850,000.00 6,781,649.76 2,403,000.00 1,420,000.00 4,039,015.89 5, 654,997.12 8,606, 000.00 2, 962, 238.33 617,000.00 1,694,654.14 475,000.00 712 110,182,350.00 89,270,024.89 8,189,387. 55 32, 775,649. 76 11,303,000.00 8,970,000.00 16, 516, 015.89 21, 746,747.12 25, 706,000.00 13,771, 838.33 5,017, 000.00 7,704,654.14 1, 325, 000.00 2,469, 625.29 902, 367. 38 670, 384.02 1,549,473.15 2, 257, 974.49 3,488,439. 90 1,192, 612. 89 526, 371.44 803, 626.13 160,501.86 34, 653, 555.24 144,835, 905.24 14,021, 376. 55 REPORT OF THE COMPTROLLER OF THE CURRENCY. 177 OF NATIONAL BANKS IN THE UNITED STATES—Continued. TO SEPTEMBER 1, 1891. Ratios. Charged off. Losses and Expenses and Net earnings. taxes. premiums. Dividends. "Net earn- Dividends ings to to capital Dividends and capital and to capital. surplus. surplus. Per cent. 2.84 3.39 2.91 3.02 3.16 2.55 3.32 Per cent. 3.05 3.07 2.77 2.27 2.18 2.50 2.83 5,231,854.25 3.05 2.45 3.16 1,272, 515. 33 2,410,150. 00 74,443.49 91,860. 00 653, 334.00 1,405,879.43 845,025.00 405,000.00 3.54 4.72 4.02 4.88 4.73 3.32 3.68 3.22 2.96 2.72 2.62 2.83 3.17 2.68 2.35 2.36 3.86 4.74 4.80 6.79 4.57 3.82 3.68 3.72 $218,894.67 67,403. 31 78, 002. 03 611,762.73 588,963.19 321,457. 51 303, 201.48 $205,063.54 148,653.87 159,480. 92 1,152,601.42 1,582,838.77 228,574.88 444,229.93 $388,076.61 267,096.81 262,344.17 1,825,179.89 2, 098,802.73 632,815.79 1,038,593.97 $415,975.00 241,900.00 249, 750. 00 1, 374,725.00 1,446, 500.00 619,452.25 883, 552. 00 2,189,684.92 3,921,443.33 6,512,909.97 538,238. 51 2,301,735.57 55,897.20 19, 035. 56 181, 245.38 734,248.15 176,954.04 137, 964.16 1,368, 588.71 3,654,433.30 134,477.60 127,863.13 565,953.00 1,307,030. 85 996,082.75 457,629. 74 1, 523, 831.66 4,182,998.38 114, 231.35 158,233.33 974, 302.75 1,743,727.40 1, 325,620. 92 552,240.81 4,145,318.57 8,612,059.08 Per cent. 3.81 3.86 3.46 3.04 2.79 3.07 3.72 1 2 a 4 5 < S 1C 11 12 13 14 15 10, 575,186.60 7,158,207.25 4.01 2.71 4.17 22,520. 89 52, 593. 62 17, 881. 84 103, 667.54 150,421.21 359,115.54 9, 744. 74 130,166. 25 251, 686. 26 65,210.37 59,289. 02 181, 564. 82 520,528.43 11,122.14 128,023.85 290, 930. 22 138,118.86 102, 561.82 131,335.00 449,943. 05 10,080. 00 59, 500. 00 171, 815. 00 85, 730.00 1.91 3.89 3.00 3.16 3.76 4.44 5.00 3.31 2.82 2.60 2.86 1.75 2.62 3.11 4.81 16 3.85 17 3.46 18 4.00 19 2.47 20 3.92 21 3.94 22 265,204. 38 1,070, 011. 91 1,329,577.34 1,010, 964.87 3.49 2.65 3.64 26,275. 6i) 31, 376.70 128,934.72 29,439. 79 61, 306. 32 13, 811. 54 8,015.16 170,553.44 238,951.67 24, 614. 66 217, 019.69 167,059.15 161, 556.76 92, 566.41 126,158.29 186,361.26 109,170.50 206,226.09 65,946.41 39, 336.13 305,712.16 973,881.28 72,877. 68 267,168.57 130.695.38 464,195.02 175,718. 70 178,290.10 272,255.11 109,648.08 180,600.73 112,351.72 83,132.39 227,400.70 1,607,723.86 * 98,543.91 378,126.79 52,768.14 393,616.94 111, 750.00 78, 520.00 147,860.00 47,000. 00 142, 735.00 47,150. 00 26,400. 00 147,750.00 866,179. 66 63,000. 00 368,974.00 139,060.00 334,100.00 5.39 6.77 5.18 8.37 3.40 7.05 8.41 4.12 5.40 5.02 2.89 0.87 3.14 3.42 2.98 2.81 3.59 2.69 2.96 2.67 2.68 2.91 3.21 2.82 2.30 2.66 4.30 4.76 3.61 4.27 3.34 4.01 3.32 4.08 3.42 4.06 3.58 2.84 3.23 1,278,915.20 3,040,295.18 3,870,177.17 2,520,478.66 4.34 2.82 3.52 311,642,37 108,219.37 59,530.45 260,968.87 173,173.67 367,776. 63 128,536.89 68,924. 50 58, 699.76 36, 333.93 963,140.85 362,963.48 276,134.96 577,147.49 811, 309.38 1,113,289.26 428,260.64 294,631.02 299,134. 57 83, 515.08 1,194,842.07 431,184.53 334,718.61 711,356.79 1,273,491.44 2,007, 374.01 635,815.36 162,815.92 445,791.80 40,652.85 3.65 3.81 3.73 4.31 5.86 7.81 4.62 3.25 5.79 3.07 2.94 2.96 2.40 3.66 3.78 2.99 3.71 2.91 3.73 2.87 3.71 3.76 2.85 4.84 5.11 4.49 4.73 3.32 4,79 4.47 1,573,806.44 5,209, 520.73 7,238,043.38 5.00 3.24 4.26 22,306.49 21, 043.86 128,857.68 11167- -12 963,255.20 335, 000. 00 215, 000.00 604, 430. 00 822,940.00 768,000.00 511,530.00 146, 000.00 287, 700.00 38,000.00 4,691,855.20 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 178 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF R E P O R T S OF E A R N I N G S AND DIVIDENDS FROM MARCH 1, 1891, States, Reserve Cities, and No. of Capital stock. banks. Territories. Surplus. Capital and surplus. Gross earnings. Iowa Dea Moines.. Minnesota St. Paul Minneapolis. Missouri St. Louis Kansas City. St. Joseph... Kansas Nebraska Omaha 139 4 48 5 6 58 8 11 4 14U 125 $12,280, 000. 00 650, 000. 00 5,645,000.00 4,700,000.00 4,840, 000.00 4,640,000.00 9,700,000. 00 8,050,000.00 2,000,000.00 12, 894,100.00 8,743,700.00 4,000,000.00 Division No. 6. Colorado Nevada Californio San Francisco . Oregon Arizona 560 78,142, 800.00 13, 374, 334.89 91,517,134.89 8,637,862. 33 8,712,821.30 282, 000.00 5,975,000. 00 2, 500, 000. 00 4,275,000.00 200, 000.00 1,999,674.27 103,000.00 1,506,719.37 800,000.00 756,239.92 33,400.00 10,712, 495.57 385,000.00 7,481,719. 37 3, 330, 000.00 5,031,239.92 233, 400.00 1,400, 776.07 36, 088. 27 753, 282.78 242,230.02 541,791.80 29 074. 02 Division No. 7. North Dakota South Dakota Idaho Montana New Mexico Oklahoma Indian Territory . Utah Wyoming Washington 131 21, 944,821. 30 5,199,033.56 27,143,854.86 ?3,003, 242.96 2, 025, 000. 00 2,560, 000.00 400, 000.00 4, 200, 000.00 1,075, 000.00 200, 000.00 150, 000.00 2, 450, 000.00 1, 350, 000.00 6, 340, 000.00 431,319.54 624, 000.00 162,000.00 633, 500.00 216,950.00 5, 500.00 5, 500.00 909,000.00 238, 750.00 1,558,089.05 Division No. 8. 202 20, 750, 000. 00 4,784, 608.59 3,612 667, 629,937.45 226,102, 595.17 United States $2,749,146. 62 $15, 029,146. 62 $1,389,673.19 309, 000. 00 959, 000. 00 129,828. 20 1,024, 717. 45 6,669, 717. 45 5«9,160. 09 1,283,000. 00 5,983, 000. 00 466,860.71 660, 000.00 5,500, 000. 00 365, 726.39 712,392.23 5,352, 392.23 459,063.17 11,118,000.00 977,461.7*S 1,418,000.00 9,021, 000. 00 1, 389,277.83 971, 000.00 2,187, 500.00 187, 378.11 187,500. 00 14, 755, 570.96 1,147,925.90 1,861,470. 96 10, 378, 307. 63 1,039, 755. 33 1,634, 607. 63 4, 563,500. 00 563, 500.00 495,751.66 2,456, 319. 54 3,184, 000. 00 562, 000. 00 4,833, 500. 00 1,291,950.00 205, 500.00 155, 500.00 3,359, 000. 00 1,588, 750. 00 7,898,089.05 236, 892.22 270, 382. 78 78, 635. 65 611, 637.90 144, 269. 61 19, 511.19 16, 6*53. 53 385, B-52. 38 148, 517. 36 858, 681.81 25,534,608.59 2,770,494.43 893,732, 532. 62 75,243, 759. 92 REPORT OF THE COMPTROLLER OF THE CURRENCY. 179 OF NATIONAL BANKS IN THE UNITED STATES—Continued. TO SEPTEMBER 1, 1891. Charged off. Ratios. Losses and Expenses and Net earnings. premiums. taxes. Dividends. $145,320.13 4,208.18 77,813.00 48,035.98 28, 660.26 44,933. 64 34,733.44 900, 657.72 36,950. 69 238,936.74 118, 003. 72 37,052. 38 $529,876.65 42,154.18 272, 213. 32 174,171.84 170, 365. 39 185,534.94 405,262. 91 394,436. 57 76,714. 26 559,928. 30 554,014. 63 319,288. 69 $714,476.41 83,465.84 239,133.77 244,652.89 166, 700.74 228, 594.59 537,465.40 94,183.54 73,713.16 349,060.86 367,736.98 139,410.59 $691,350.00 31,000.00 199,000.00 211,500.00 150, 200. 00 158,713.18 321,000.00 176,000.00 66,000. 00 333,259. 00 299,225.00 130,000.00 1,715,305.88 3, 683,961. 68 3,238, 594.77 2, 767,247.18 142, 579.28 2,851.41 115,400. 66 13,152.29 26,051. 74 48.90 607, 299. 74 11, 648. 05 254,987.79 59, 623. 67 189, 674. 01 11,260.68 650,897. 05 21, 588. 81 382, 894. 33 169, 454.06 326, 066. 05 17,764.44 352, 300. 00 16, 920.00 272,250. 00 40,000. 00 180, 583. 33 10, 000. 00 300,084.28 1,134,493. 94 1, 568, 664. 74 872, 053.33 13,054.22 60,101.65 11,983.30 92,602.18 35,561.89 1,631.60 1,208. 65 30,469.10 11,220.09 35,335. 69 120, 730.46 165, 728. 32 24, 900.02 246,248.11 57,155. 27 8, 204. 88 6, 349. 62 110, 053. 75 66,034. 72 387, 434. 53 103-, 107. 54 44, 552.81 41,752. 33 272, 787. 61 51, 552.45 9,674.71 9,075. 26 244, 809. 53 71,262. 55 435,911. 59 82,650.00 83, 548.88 25,000.00 100,250.00 75,500. 00 5, 000. 00 8,000.00 128, 923.30 34,250.00 230,452.12 293,168. 37 1,192, 839. 68 1, 284,486. 38 773, 574.30 11,761,488.04 27,864,631. 53 35,617,640.35 25,026,235.04 Net earn- Dividends ings to to capital Dividends capital and and to capital. surplus. surplus. Per cent. 4.75 8.71 3.59 4.09 3.03 4.27 4.83 1.04 3.39 2.37 3.54 3.05 3.54 6.08 5.61 5.12 5.13 6.48 7.61 5.78 4.20 1.40 7.40 5.64 4.00 4.70 5.84 7.29 4.49 5.52 5.03 3.99 Per cent. 4.60 3.23 2.98 3.54 2.73 2.97 2.89 1.95 3.02 2.26 2.88 2.85 3.02 3.29 4.39 3.64 1.21 3.59 4.28 3.21 3.36 2.62 4.45 2.08 5.83 2.43 5.14 3.84 2.16 2.92 3.03 2.80 Per cent. 5.62 4.77 3.53 4.50 3.10 3.42 3.31 2.19 3.30 2.58 3.42 3.25 3.54 4.04 6.00 4.56 1.60 4.22 5.00 3.97 4.08 3.26 6.25 2.39 7.02 2.50 5.33 5.26 2.54 3.63 3.73 3.75 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 180 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE, BY STATES AND RESERVE CITIES, OF THE RATIOS TO CAPITAL, AN© TO FROM MARCH 1, 1887, Eatio of dividends to capital and Ratio of dividends to capital for six months ended— surplus for six months ended— States, Territories, and reserve cities. fa Maine New Hampshire Vermont Massachusetts Boston Rhode Island Connecticut New York New York City. . Albany Brooklyn ... New Jersejr Pennsylvania Philadelphia Pittsburg Delaware Maryland Baltimore District of Columbia . Washington. - Virginia West Virginia. North Carolina South Carolina. Georgia Florida Alabama Mississippi Louisiana New Orleans P.ct. 3.8 3.8 3.7 3.5 2.8 3.2 3.4 4.0 4.3 5.4 P.ct 3.5 3.7 3.4 3.4 2.7 3.2 3.6 3.8 4.5 6.6 JL'exaa Arkansas Kentucky Louisville Tennessee Ohio Cincinnati Cleveland Indiana Illinois Chicago Michigan Detroit Wisconsin Milwaukee Iowa r Des Moines 4.3 Minnesota St. Paul Minneapolis Missouri St. Louis Kansas City St. Joseph Kansas Nebraska Omaha Colorado Nevada California San Francisco .. Oregon Arizona Dakota 3.7 North Dakota . South Dakota.. Idaho Montana New Mexico Utah Washington Wyoming Oklahoma Indian Territory Average 4.0 P.ct. 3.9 3.9 3.7 3.5 2.9 3.2 3.5 3.9 4.3 5.0 3.9 3.9 3.5 3.3 2.8 3.2 3.5 3.9 4.2 5.7 4.2 4.0 6.2 3.0 4.7 5.9 6.2 3.9 3.5 3.9 4.1 3.6 3.2 4.2 5.1 10.9 4.9 3.9 6.1 4.9 5.5 4.9 3.7 3.5 3.7 4.9 3.8 3.8 4.0 2.4 3.8 5.0 3.7 4.5 3.5 3.1 4.0 4.2 4.2 4.1 3.9 13.9 3.5 3.2 3.1 3.8 3.7 5.7 4.5 5.3 4 9 4.1 3.7 8.5 4.9 5.7 3.6 3.4 3.5 4.1 4.0 3.9 3.9 3.9 4.3 3.6 3.6 4.0 3.1 2.6 2.8 3.0 2.6 3.5 3.5 4.1 4.7 4.7 4.7 4.4 4.0 4.0 3.0 3.8 4.0 3.7 4.5 4.9 3.8 3.2 4.8 4.2 3.0 18.9 3.9 4.2 3.3 3.3 5.8 4.7 5.6 5.5 3.1 3.4 10.2 9.3 4.0 4.8 4.1 7.5 1.9 1.9 17.4 4.0 6.0 6.0 4 . 1 4.0 4.0 3.9 P.ct P.ct P.ct P.ct P.ct. 4.4 3.9 3.6 3.8 4.7 4.2 3.7 4.0 3.2 3.8 3.2 3.1 4.5 3.7 3.9 3.4 3.6 2.0 3.7 5.1 3.9 4.0 3.7 3.7 3.7 3.4 2.7 4.1 5.2 3.7 4.4 3.9 5.8 20.3 4.5 4.7 3.7 4.0 3.8 4.3 4.7 3.7 4.0 3.1 3.7 3.5 3.0 3.8 5.7 4.9 3.8 2.8 3.0 3.5 4.6 14.6 4.0 3.7 3.6 4.1 3.2 2.6 4.2 4.9 3.5 4.6 3.6 5.8 6.5 5.0 4.6 P.ct. 3.8 3.9 3.4 3.3 2.0 3. 2 3.4 4.1 4.6 5.0 4.1 5.5 3.6 3.5 2.8 2.9 3.7 3.7 4.9 4.4 6. 4.5 3.8 3.6 3.7 4.9 3.8 3.4 4.0 2.5 4.3 3.5 4.0 4.6 5.0 4.6 3.8 5.3 3.7 4.3 4.2 6.0 3.6 3.2 3.5 4.7 3.8 3.2 5.1 5.2 4.0 4.4 3.4 4.1 4.9 5.7 3.8 3.9 3.5 3.0 2.8 3.1 3.7 3.9 4.7 4.8 6.8 4.6 3.8 3.7 3.7 4.8 3.8 3.5 4.0 2.5 P.ct 3.1 3.0 2.9 2.6 2.1 2.7 2.9 3.3 2.8 2.2 3.4 3.8 2.7 2.6 3.2 3.2 2.8 3.2 2.9 2.7 3.1 3.2 3.0 2.8 4.2 3.6 4.9 3.6 4.1 5.4 4.2 3.1 3.0 3.9 3.1 2.7 2.6 3.8 3.7 3.2 4.3 3.8 3.9 2.5 4.3 3.4 2.8 2.7 2.7 3.1 3.5 2.8 3.2 2.4 2.7 2.8 2.5 2.6 4.3 4.4 3.2 2.4 2.8 2.6 3.6 13.0 3.2 3.0 3.0 3.3 2.7 2.3 3.2 3.7 2.8 3.8 3.2 4.5 4.0 4.0 3.3 2.8 2.5 2.6 3.4 3.0 2.7 3.2 2.4 2.7 3.3 3.1 5.7 2.9 3.4 2.7 3.4 1.4 2.9 4.6 4.1 2.9 2.9 3.4 3.1 2.8 2.3 3.0 3.6 3.1 4.6 3.4 3.8 4.0 4.5 3.2 2.8 2.4 2.6 3.4 3.1 2.8 3.2 2.4 2.7 2.6 2.5 3.1 2.8 3.4 2.8 2.9 1.7 2.5 4.1 3.3 3.3 2.9 3.0 3.0 2.8 2.4 3.2 3.9 2.7 3.6 3.5 5.4 12.9 3.6 3.6 3.9 3.5 3.4 3.2 3.4 2.1 15.8 3.6 3.8 2.4 2.4 5.0 4.0 4.9 4.6 2.5 2.7 7.6 6.7 2.9 3.5 3.3 6.2 1.8 1.7 15.3 a.5 5.7 5.5 3.5 3.8 3.3 4.5 4.1 3.2 3.1 3.8 4.0 3.6 2.8 3.6 3.2 4.8 4.3 3.7 3.3 12.0 11.7 6.0 6.0 4.4 4.6 5.6 4.0 3.5 4.7 6.0 6.0 5.0 2.9 11.2 3.6 6.3 2.6 6.0 2.7 2.2 3.9 4.3 1.4 3.9 P. et. P. ct. 40.0 3.4 5.9 3.4 2.9 5.4 3.1 3.0 3.0 If OTE.—-Figures printed in bold-face type in REPORT OF THE COMPTROLLER OF THE CURRENCY. 181 CAPITAL AND SURPLUS, OF TIIK EAKNTNT*S ANT> D I V I D E N D S OF NATIONAL BANKS TO S E P T E M B E R 1, 1891. Mar. 1, 1889. Eatio of dividends to capital and Ratio of earnings to capital and imrpln 3 for 3ix months ended— surplus for six months ended— % it ftoo P.ct P.ct P.ct P.ct P.ct 3.1 3.1 3.1 2.7 2.3 2.6 2.7 3. 0 2.6 2.9 3.1 3.1 2.8 2.5 2.2 2.6 2.7 3.0 2.8 3.1 3.1 3.1 2.9 3.0 2.1 2.4 2.7 3.0 2.7 2.4 3.1 3.4 2.9 2.3 2.2 2.1 2.7 3.5 2.7 2.1 32 2.8 2.4 2.4 3.4 3.'o 2.8 3.2 2.4 3.1 3.2 3.0 3.1 2.4 2.8 3.3 3.5 1.7 3.1 4.0 4.8 30 2.9 3.1 3.0 3.0 2.5 4.4 3.8 3.3 3.5 3.6 4.1 3.4 4.0 3.2 2.9 2.4 2.4 3.6 2.9 3.2 3.2 2.7 3.1 2.7 3.1 3.3 3.9 3.0 5.1 1.6 2.6 3.5 5.9 3.1 2.9 2.8 3.1 2.8 2.5 3.2 3.7 2.8 3.5 3.4 3.7 3.4 3.9 3.1 2.7 2.4 2.4 35 2.9 2.7 3.2 2.1 2.7 3.1 2.9 3.1 3.8 3.3 3.2 4.6 3.2 3.0 4.8 5.0 3.1 2.8 3.2 3.2 2.9 2.7 3.2 3.9 7.7 4.0 3.4 4.7 3.2 4.3 3.4 2.6 2.3 2.4 34 2^8 2.8 2.9 1.7 2.7 4.9 3.0 3.0 2.7 2.7 32 3.2 3.3 2.7 3.2 11.1 3.1 2.7 3.1 2.9 3.8 4.3 2.0 2.7 3.6 3.7 2.4 15.3 3.6 3.8 4.4 4.4 2.5 3.4 4.2 4.3 3.5 4.4 3.9 3.1 3.3 3.4 3.1 3.3 5.2 5.0 4.5 2.6 3.7 2.7 3.4 3.3 3.1 4.0 3.2 9.5 4.4 3.6 4.3 2.9 4.8 3.5 2.8 3.6 2.6 2.7 3.6 3.0 8.0 4.4 3.7 3.1 3.4 4.6 2.8 2.2 0.8 3.3 5.0 3.0 2.6 2.0 2.9 4.1 1.7 3.1 4.7 3.2 1.4 1.0 0.7 5.5 3.1 5.7 1.9 5.0 4.5 1.0 6.4 4.9 4.1 3.8 1.9 3.0 2.9 3.2 9ti. Q O 2.6 2.5 3.0 3.0 4.8 3.4 3.9 2.9 3.2 3.2 6.7 3.2 4.4 3.2 4.4 2.9 2.6 2.2 2.4 2.8 2.9 2.8 2.4 2.8 3.1 2.6 2.3 2.3 34 2* 8 2.6 2.9 1.8 2.9 2.7 3.2 3.1 3.8 3.9 3.1 3.9 3.0 3.0 3.8 4.8 2.8 2.6 2.9 3.7 3.0 2.7 3.8 3.9 2.7 3.5 3.0 3.2 3.2 4.5 3.1 3.3 2.6 4.3 2.9 3.1 3.0 2.8 3.0 2.9 4.1 4.4 4.0 3.0 3.6 3.9 4.1 2.3 7.9 3.1 5.1 2.0 4.8 2.3 2 2 L4 3.0 3s $ 1* ti r-T . ti Woo a P.ct P.ct. P.ct. P.ct. Pet. P.ct. P.ct. P.ct P.ct 3.0 3.9 4.0 1.8 3.1 4.0 4.2 3.7 2.8 3.5 4.1 3.7 2.3 3.8 2.8 2.9 2.2 3.3 3.0 2.8 2.5 3.5 3.4 34 2.8 2.9 2.0 3.3 3.0 4.2 4.4 2.7 5.6 4.6 5.9 2.6 4.4 2.8 5.4 2.8 3.2 5.1 5.6 5.2 2.7 3.7 4.0 4.6 2.3 3.7 3.7 3.9 2.4 4.6 5.0 42 3 3 46 4.5 2.S 3.9 3.8 4.1 2.6 2.8 3.0 4.0 2.9 3.7 3.6 3.8 1.7 4.8 4.8 5.1 2.6 4 . 1 4.3 4.1 3.1 3.3 2.9 3.2 3.4 3.6 4.0 4.2 3.0 5.3 7.1 4.1 2.8 5.5 4.3 3.5 3.6 7.7 6.6 6.1 2.7 7.0 11.4 4.8 3.0 9.0 6.1 6.1 8.0 7.2 4.3 2.7 4.8 3.8 4.4 2.7 2.9 4.5 5.7 5.7 3.2 6.4 7.9 7.3 2.8 3.7 q aD 3 8 O. 2.3 3.0 3.2 3.'3 6.4 6 2 2.7 57 4.2 3.9 2.9 3.7 6.5 2.4 3.0 4.1 2.4 3.7 3.4 3.9 4.2 4.5 3.7 4.3 4.5 5.0 3.8 5.3 3.0 6.4 ' 7.0 6.8 3.7 5.3 5.8 5.5 2.9 4.7 4.9 5.0 3.7 6.6 6.3 5.7 2.9 5.7 3.6 5.2 4.6 5.2 4.7 5.1 32 3.0 4.3 5.5 6.8 35 2.7 3.0 5.1 4.9 5.8 2.9 5.0 2.4 3.6 8.4 5.2 1.9 3.0 3.8 3.9 2.3 "*9."6" 6.7 7,1 7.2 6.7 2.9 7.2 3.5 3.7 2.8 8.4 19.3 3.3 "b'.'l 4.4 6.7 10.0 5.8 7.3 9.7 3.6 7.0 1.2 2.7 3 2 4.9 3.6 9.5 11.8 10.4 4.3 13.1 3.2 6.1 6.1 3.4 2.6 6.1 3.4 7.8 4.4 8.0 8.2 2.1 9.4 5.0 3.7 3.4 5.8 6.1 5.1 5.3 3.8 8.2 12.9 2.9 7.2 6.0 2.0 2.2 5.7 2.4 5.1 4.5 4.3 4.5 2.8 column for 1890 signify percentage of loss. 3.6 4.0 3.7 3.0 3.3 3.4 2.9 4.4 4.0 4.0 3.4 3.9 3.5 3.3 3.9 3.2 3.7 3.4 3.4 2.5 3.2 5.2 2.6 4.9 3.4 4.9 3.8 3.2 4.1 5.5 3.7 3.4 4.8 3.6 3.6 5.1 5.5 5.5 6.6 4.1 8.6 7.0 1.4 5.3 8.4 qo o. o 2.5 5.1 4.2 3.6 4.4 3.6 4.4 5.6 4.9 4.7 7.3 86 4.9 4.9 5.4 4.0 3.6 3.4 2.6 1.7 3.0 3.6 4.4 4.5 2.3 3.7 3.9 3.6 3.2 2.7 0.9 3.8 4,5 5.3 O.tf 5.0 4.6 3.5 3.8 5.6 4.1 3.8 3.9 6.1 4.5 3.5 4.2 5.5 3.9 3.5 4.1 4.3 4.1 4.2 4.8 4.8 4.3 4.2 4.8 3.7 4.6 4.3 5.9 4.6 5.3 5.7 7.4 4.8 3.0 4.1 5.8 4.7 4.5 5.1 7.1 3.7 5.7 6.1 8.8 5.1 6.2 6.1 7.9 4.3 3.6 4.5 6.2 4.6 4.4 4.0 4.4 4.6 6.2 6.3 6.0 6.8 5.6 6.3 6.4 3.9 3.2 4.3 5.5 5.8 5.0 3.4 7.2 4.5 5.5 5.4 6.9 9.4 4.1 5.8 16.5 4.1 5.1 4.3 4.2 3.8 4.6 5.8 5.5 4.5 5.0 5.5 10.0 4.8 3.7 3.7 4.1 4.0 3.8 44 5.3 5.3 4.7 4.7 6.0 4.7 5.1 5.4 4.8 4.0 4.7 3.7 5.0 5.4 6.1 4.9 4.3 5.8 6.2 5.1 2.9 5.1 3.9 5.5 4.1 4.4 4.9 6.3 4.9 3.5 6.5 5.2 4.8 3.9 4.6 3.3 5.4 3.5 4.3 4.5 5.2 0.6 6.0 6.5 3.0 9.8 13.0 9.4 5.0 11.5 9.5 5.0 4.9 4.9 '5.6 7.7 5.1 7.0 5.4 9.8 6.1 6.6 5.6 8.5 12.5 6.7 4.2 4.8 4.9 8.5 3.7 6.1 4.9 10.0 6.1 6.2 6.8 7.9 8.6 4.1 4.6 2.8 4.8 5.8 3.8 5.9 4.8 9.1 5.3 5.3 4.4 7.5 10.2 4.4 7.6 4.4 5.5 3.2 4.9 3.8 9.0 6.3 4.9 5.2 8.4 7.2 2.7 3.5 4.3 9.5 5.2 6.3 8.1 3.4 4.3 5.9 7.6 5.0 7.9 10.6 3.6 8.0 8.3 5.8 12.3 10.9 1.8 6.5 4.7 5.9 8.5 10.3 1.4 7.1 5.0 6.0 11.9 6.0 8.7 9.5 2.5 4.3 4.5 4.3 4.3 r-T . P.ct P.ct 2.8 4.5 4.2 3.4 3.9 2.9 3.1 3.0 3.3 3.2 3.1 2.5 3.7 3.3 3.5 4.4 4.7 5.2 1.6 4.0 5.5 4.9 5.3 4.7 4.5 3.3 3.9 3.7 3.2 4.5 1 9 4.2 Z.9 3.3 3.0 7.8 3.2 3.8 4.5 4.4 5.5 5.7 5.0 5.4 4.1 5.6 6.8 4.7 5.2 7.6 8.4 3.4 4.1 7.0 4.4 6.6 8.4 4.1 4.0 5.4 5.9 5.0 6.8 29 4.0 4.6 3^1 4.5 3.6 5.3 3.8 3.7 4.2 4.3 8.4 6.1 5.9 6.2 7.8 5.7 4.6 3.6 3.2 6.1 5.8 4.4 3.1 5.4 4.7 8.7 3.6 5.2 4.8 4.1 3.0 4.5 4.8 5.3 4.6 4.8 3.7 1.0 5.1 3.4 3.5 2.4 4.6 3.5 4.8 3.0 9.3 6.1 4.8 5.6 5.5 5.1 5.4 5.1 8.6 6.5 6.3 7.6 5.0 4.5 11.1 6.6 6.3 6.5 7.8 1.3 4.0 4.6 ~*.6 4.2 1.4 7.4 5.6 4.0 7.3 5.5 4.5 4.7 5.8 4.0 1 2 a 4 5 6 7 c 9 10 11 12 13 14 15 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 3c 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 182 REPORT OF THE COMPTROLLER OF THE CURRENCY. EARNINGS AND DIVIDENDS OF THE NATIONAL BANKS, ARRANGED BY GEOGRAPHICAL DIVISIONS, FOR SEMI-ANNUAL PERIODS FROM SEPTEMBER 1 ; 1882, TO SEPTEMBER 1, 1891. Geographical divisions. Sept., 1882, to Mar., 1883: New England States... Middle States Southern States AVestern States Total Mar., 1883, to Sept., 1883; New England States... Middle States Southern States Western States Total Sept., 1883, to Mar., 1884: New England States... Middle States Southern States Western States Total No. of banks Total Total Total Total 483,091, 342 137,570,105 20, 285,102 26, 432,934 2,267 562 698 224 875 2,359 565 715 248 963 2,491 Total Total... w 166,793, 070 173, 915, 465 35, 685, 300 118,246,305 41, 727,679 63,453,454 9, 084, 011 26, 967, 043 494,640,140 141,232,187 167,478,070 175, 317,315 38, 214,310 126,959,605 41,863,161 64,841,178 9,854, 923 29,041, 587 507,969,300 145, 600,849 167,600, 370 175, 767,355 40, 638, 300 134,599,700 41,905,905 64, 580, 406 10,726, 209 30,508, 955 2 ; 582 518, 605,725 147, 721,475 567 732 278 1,073 167,400,370 173, 212,145 42,648,400 139, 638,800 2,650 522,899,715 148,771,121 165, 668, 370 172,907, 352 43, 500, 300 142, 523, 580 41,413,826 64,741, 009 11,527,942 31, 088,344 40,786,007 64, 247, 888 11, 505, 477 30, 364,123 2,665 524, 599, 602 146,903,495 559 738 294 1,117 165, 203,920 172, 435, 295 44,437, 400 148,879, 580 2,708 530,956,195 153, 532,919 Mar., 1886, to Sept., 1886: New England States... 563 Middle States 744 Southern States 303 Western States 1,174 Sept., 1886, to Mar., 1887: New England States... Middle States Southern States Western States earnDividends. Net ings. $5,819,093 $6,200,443 7,542,146 9, 900, 021 1,405, 019 2,198,993 5,518,844 8,133,477 Mar., 1885, to Sept., 1885: New England States... 562 Middle States 731 Southern States 287 Western States 1, 085 Sept., 1885, to Mar., 1886: New England States... Middle States Southern States Western States Surplus. 557 $165,653,070 $41,341,246 687 174, 375,472 62,118, 694 8, 228, 309 207 33,963, 000 816 109, 099, 800 25,881, 856 Mar., 1884, to Sept., 1884: New England States... 568 Middle States 723 Southern States 264 Western States 1,027 Sept., 1884, to Mar., 1885: New England States... Middle States Southern States Western States Capital. 165, 352, 320 173, 628, 875 45, 444, 000 153,138, 453 41,128,387 67, 583, 309 12, 053, 524 32,767, 699 41, 581, 845 70,044,187 11, 967, 321 33, 470,425 Dividends to capital. Dividends to capital and surplus. Earnings to capital and surplus.' Ratios. Pr. ct. Pr. ct Pr. ct. 3.5 2.8 3.0 4.3 3.2 4.2 4.1 3.3 5.2 5.1 4.1 6.0 4.2 3.3 4.2 6, 651, 595 9, 960, 635 2,433, 336 8, 528,648 3.5 4.3 4.0 4.7 2.8 3.2 3.2 3.8 3.2 4.2 5.4 5.9 20,393,576 27, 574,214 4.1 3.2 4.3 6,095, 915 9,529,978 2, 950, 096 9,418, 775 3.4 4.4 4.4 4.7 2.7 3.2 3.5 3.9 2.9 4.0 6.1 6.0 21, 082, 806 27, 994,764 4.1 3.2 4.3 5,738,456 8,198,912 2,747,018 7, 683, 633 3.3 4.0 4.2 4.3 2.6 2.9 3.3 3.5 2.7 3.4 5.3 4.7 20,171, 667 24, 368, 019 3.9 3.0 3.7 4,388,812 7, 474, 752 2,426,858 7, 310, 780 3.4 4.1 4.2 4.2 2.7 3.0 3.3 3.4 2.1 3.1 4.5 4.3 20, 437, 650 21, 601, 202 3.9 3.0 3.2 4,725, 395 7, 297,159 2, 282, 782 7, 718, 959 3.3 4.0 3.8 4.5 2.6 2.9 3.0 3.6 2.3 3.1 4.2 4.5 20, 218,471 22, 024, 295 3.9 3.0 3.3 5, 925, 381 9,484, 324 2, 705, 274 9,412,687 3.2 4.0 4.4 4.6 2.6 2.9 3.4 3.8 2.8 3.9 4.7 5.2 21, 385,436 27, 527,666 4.0 3.1 4.0 6, 736,479 9,789,135 2, 553, 055 8, 834, 050 3.2 4.2 4.3 4.2 2.5 3.0 3.4 3.5 3.2 4.0 4.0 4.7 21,147,142 27,912, 719 3.9 3.0 4.0 5,861,182 7, 556, 795 1, 415, 529 5,560,070 5,726, 356 7, 639,670 1, 700,113 6,016, 667 5, 551,603 7,089,673 1, 691, 520 5,838, 871 5, 661,537 7,156, 680 1,790,726 5,828,707 5, 6, 1, 6, 5, 7, 1, 6, 391, 401 953, 332 655, 261 218,477 375, 226 044, 535 969,190 946,485 5, 338, 635 7, 328, 798 1, 994, 537 6,485,172 2,784 537, 563, 648 157, 064,778 563 754 313 I, 22f» 165, 175, 46, 161, 41, 897, 072 73, 445, 033 12, 4fi3, 050 35, 92G, 745 5. 318,480 6,176,707 7, 574, 627 12, 072. 419 2,143, 870 2, 616, 393 7, 111, 610 10, 803, 275 3.2 4.3 4.6 4.4 2.6 3.0 3.6 3.6 3.0 4.8 4.5 5.5 2, 855 548, 355,770 163, 731,900 22,148, 587 31, 698,794 4.0 3.1 4.5 252, 873, 213, 016, 370 735 240 425 REPORT OF THE COMPTROLLER OF THE CURRENCY. 183 EARNINGS AND DIVIDENDS OF THE NATIONAL BANKS, ETC.—Continued. Geographical divisions. No. of banks Mar., 1887, to Sept., 1887: New England States... 566 Middle States 764 Southern States 343 Western States 1,269 Total Sept., 1887, to Mar., 1888: New England States... Middle States Southern States Western States Total Total Total Sept., 1889, to Mar., 1890: New England States... Middle States Southern States Western States Total Mar., 1890, to Sept., 1890: New England States... Middle States Southern States Western States ... T Total Net earnings. Pr. ct.Pr. ct. Pr. ct. 3.2 2.6 3.5 4.2 2.9 4.5 5.0 4.1 3.3 5.4 4.3 3.5 2,942 558, 544, 541 171, 254, 553 22,003,820 32,808,074 3.9 3.0 4.5 567 780 358 1,339 164,405, 920 183,382, 395 53,124,400 176,224, 033 43,459,769 80, 679, 527 14,258,403 40,999,447 5,426,178 6,187, 595 7,346,515 11, 201, 708 2,298, 039 3, 257,542 8,017, 876 11,954,449 3.3 4.0 4.3 4.5 2.6 2.8 3.4 3.7 3.0 4.2 4.8 5.5 3,044 577,136,748 179,397,147 23,088,607 32,601, 294 4.0 3.0 4.3 44,197,418 82,998, 759 14, 844,534 42,376,280 5, 349, 582 6,739, 240 7, 564, 822 11, 544, 258 2,189, 937 3,105, 262 8,338,710 11,370,432 3.2 4.1 4.0 4.6 2.6 2.8 3.1 3.8 3.2 4.3 4.4 •5.1 583, 529,145 184,416,991 23,443,051 32,759,192 4.0 3.0 4.3 3,093 164, 649, 820 184, 220, 575 54, 802, 800 179, 865,950 44,904,040 86,496,367 15, 715,136 45,891,957 5, 508,163 6,932,212 7, 379, 692 12, 241,399 2, 357,718 3, 497,410 8,045,400 1% 438, 868 3.3 4.0 4.1 4.3 2.6 2.7 3.2 3.5 3.3 4.5 4.8 5.3 3,147 593,253,850 192,507,500 23,290,973 35,109, 889 3.9 3.0 4.5 571 796 403 1,424 165,101,920 184,195, 745 58,905,530 191,247, 990 45,476,953 87,936.236 16,387,359 47, 328, 336 5, 307, 086 6,920, 889 7,636, 874 12,060,433 2,365,368 3,818, 379 8, 016, 259 11, 708,674 3.2 4.1 4.0 4.2 2.5 2.8 3.1 3.4 3.3 4.5 5.1 4.9 3,194 599, 451,185 197,128,884 23, 325, 587 34,508,375 3.9 2.9 4.3 576 811 436 1,471 165, 631, 980 186,198,725 62,949, 360 200, 625,480 46,157,181 91, 010,405 17,141,070 50, 237,778 5,520,977 5, 606,830 7,629,170 12, 208,788 2, 861, 628 4,229, 776 10, 237, 991 12,203,145 3.3 4.1 4.5 5.1 2.6 2.8 3.6 4.1 2.6 4.4 5.3 5.2 3,294 615,405, 545 204, 546,434 26,249, 766 35, 248, 539 4.3 3.2 4.3 582 834 475 1,521 165, 500, 920 188, 261,155 68,491,105 212, 520, 56(5 46,488, 598 94, 608,921 18,081,496 52, 690,124 5,144, 588 6, 239,358 7, 946,301 12, 534, 630 2, 695, 210 4, 730, 666 9,123,018 13, 302, 370 3.1 4.2 3.9 4.3 2.4 2.8 3.1 3.4 2.9 4.4 5.5 5.0 3,412 634, 773, 746 211, 869,139 24, 909,117 36, 807, 024 3.9 | 2.9 4.3 Sept., 1890, to Mar., 1891: New England States ... 583 Middle States...., 851 Southern States 522 Western States 1,586 Total Dividends. $5,355,787 $7,224,781 7, 357, 400 11, 360, 893 2,137,328 3, 268, 973 7,153, 305 10,953,427 Sept., 1888, to Mar., 1889:' New England States... 568 Middle States 793 Southern States 382 Western States 1,404 Mar., 1889, to Sept.. 1889: New England States... Middle States Southern States Western States Surplus. $164,837, 370 $43,118, 790 176, 635, 656 76, 574,179 51,515,315 13,247,285 165, 556,200 38, 314,299 Mar., 1888, to Sept., 1888: New England States... 568 Middle States 793 Southern States 369 Western States 1,363 Total Capital. Dividends to capital. Dividends to capital and surplus. Earnings to capital and surplus. Ratios. 3,542 Mar., 1891, to Sept., 1891: New England States... 589 Middle States 874 544 Southern States 1,605 Western States 164, 506, 720 184,628,445 56, 974,485 187,144, 200 47, 263, 871 98, 565, 397 19, 232, 961 54,368, 512 5, 530,473 7, 275, 215 7, 720,433 13,189,635 3,026, 492 4, 842,139 9,491, 377 14,838,985 3.3 4.1 4.0 4.3 2.6 2.7 3.2 3.4 3.4 4.6 5.1 5.4 652, 586, 585 219,430, 741 25, 768, 775 40,145, 974 3.9 3.0 4.6 053, 953 692,776 344, 334 011, 532 5, 231,854 6, 512,910 7, 911, 627 11,475, 715 2, 778, 024 4, 299, 226 9,104,730 13, 329, 789 3.2 4.1 3.6 3.9 2.4 2.7 2.8 3.2 3.0 3.9 4.4 4.6 165, 525,420 189,215, 745 75,175,100 222, 670, 320 165, 392, 090 192,973, 876 78, 244, 000 231,019, 971 48, 99, 20, 58, Total 3,612 667, 629, 937 226,102, 595 25,026, 235 35,617, 640 3.7 2.8 4.0 General average 2,924 563,944, 040 173,821, 267 22,462,573 30,707,812 4.0 3.0 4.2 184 REPORT OF THE COMPTROLLER OF THE (TRRENCY,. CLEARINGS AND BALANCES OF THE P>ANKS OF N E W YORK C I T Y ENDED AT THE J)ATES ( H V E N . Clearings. Week cndedSeptember 5,1885 September 12.1885 September 19,1885 September 26,1885 October 3,1885 October 10,1885 October 17,1885 October 24,1885 October 31,1885 November 7,1885 November 14,1885 , September 4,1886 September 11,1886 September 18.1886 September 25,1886 October 2,1886 October 9,1886 October 16,1886 October 23,1886 October 30,1886 November 6,1886 November 13,1886 ; September 3,1887 September 10,1887 pn^foT>b^r 17.1887 . . . .• lo^ptcuib'or 24, i'66't October 1,1887 October 8,1887 October 15,1887 October 22,1887 October 29,1887 November 5,1887 November 12,1887 September 7,1889 September 14,1889 September 21,1889 September 28,1889 October 5,1889 October 12,1889 October 19,1889 ()ctober 26,1889 November 2,1889 November 9,1889 _ _ „ ". .. . _ September 6,1890 September 13,1890 September 20,1890 September 27,1890 October 4,1890 October 11,1890 October 18,1890 October 25,1890 November 1,1890 November 8,1890 September 5,1891 September 12,1891 September 19,1891 September 26,1891 October 3,1891 October 10,1891 October 17,1891 October 24,1891 October 31,1891 No vemb er 7,1891 Ealances. $476,800. 526.79 484,537, 657. 96 480, 733,380.21 471, 652,048.41 572,076, 277.97 659, 560,5 tO. 70 702, 000,829.74 828, 373,048. 53 695, 214,389. 87 775,416, 016. 98 779,244, 286.61 $22.990, 787. 52 23, 969,367. 46 24, 410,868. 93 22, 978,989. 63 30,158, 232. 32 28, 462,678. 38 29, 632,037. 42 30,475, 583. 77 29, 590,574. 77 30, 751,563. 50 27, 323,721.40 485, 535, 545. 80 520, 437, 476. 86 590, 366, 037.81 691, 723,056. 66 744, 533,107. 30 830, 726,858. 70 774, 127,054.20 734, 586, 056.19 625, 098, 064.48 735, 609, 027.93 .704, 572, 284.86 28, 387,297.77 21,865, 163.40 28, 050,351. 78 25, 603,758.94 31, 285,172. 38 29,964, 285.79 30, 952,375. 99 27,767, 549. 66 26, 607,923.82 31, 825,400.11 28, 065,256. 87 629, 926, 782. 37 29. 322, 367.47 22! 329, 268. 73 562, 627, 925. 28 r"\ c-".. 7,;::. i ^ SO, 974,002. 90 059, U48, 314. 43 ."*." " . " 31, 069,309. 36 575, 717, 723.42 29, 825,323.74 676, 201,491.67 31,170, 113.34 718, 896,811.83 33, 350,889.58 742, 551, 452. 60 \ 29, 809,361.75 647,590,728.82 31, 289,781.13 706, 280, 839. 34 '. [^.'.'....'/.'..['.'.'.'.'.'.'.'.'.. 602,240,351.60 23,758, 351.99 501,823,033.31 26,231, 528.08 538,170,073.22 34, 047, 518. 67 643,165, 583.40 34,285, 911.38 762, 313,474.79 33,177, 594.55 635, 316,704.00 34, 537, 541.08 811, 518, 650.80 38, 746, 427. 25 722, 328,937.35 44,039,134.77 667,105, 762.02 38,103, 879.02 683,132, 608. 85 35, 700,246. 69 671,138, 259.14 34, 892, 969. 62 *539, 072,637. 58 *26, 376, 380. 51 _.". September 1,1888 September 8,1888 September 15,1888 September 22,1888 September 29,1888 October 6,1888 October 13,1888 October 20,1888 October 27,1888 November 3,1888 November 10,1888 FOR T H E W E E K S \ '..'..'..'..'..'.'...'.'.'.'.'.'.'.'.'.'.'.'.'.'.. '..'.'.'.'.'.'..'.'.'.'.'.'.'.'.'.'.'.'.'.'.'.. _ '.'.'.'.'.'.'.'.'.'.'.'.'.'.. . W'.'.'.'.'.'.'.W'.'.'.'. _ .'. . \.\\\ , '.'.'.'.'.'.'.'.'.'.'. .......... *Eive days, *627,373, 821. 30 701, 255,721.43 662, 991,757. 61 634, 910,008.09 832, 631,300.57 825,030, 373.92 793,010, 506.54 748,911, 481.81 792,903, 317.71 *701, 716,737.44 *25, 336,644.45 30, 544,372.50 29,963, 064.91 30,127, 935.53 37, 583,096. 94 39,074, 871.21 31, 739,904.87 30,394, 788.30 31, 650,051.09 *29,618, 059.24 *580, 421,284.08 729, 990,950.28 828, 699, 591.60 729, 218,488. 39 764, 583,110.58 828, 458, 869. 22 812,971,406.65 754, 368,414.16 781,139, 867.34 *771,107,643.93 *26,929, 166.72 31,503, 583. 86 44,496, 059.90 34, 691,141. 92 34,139, 136. 73 31, 989,265.33 37,165, 872.16 32,174, 919. 35 33, 585,720. 70 *32, 564,337.73 752, 533,010.02 *626, 987, 596.57 731,943,537.15 914, 066, 621.81 704,460, 574.03 739,744,112.77 724. 253,613.65 692, 572, 867. 07 687,083,289.48 *728,805,472.03 33, 243,344.17 *25, 304, (60. 66 31, 949, •82.95 31, 508,345.49 33,046, 709.70 30, 706,064.82 37, 452,472.48 32, 528,331. 89 29, 368, .16 *34, 243,252.60 REPORT OF THE COMPTROLLER OF THE CURRENCY. 185 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE P R O VISIONS OF SECTIONS 5220 AND 5221 OF THE R E V I S E D STATUTES OF THE UNITED STATES, WITH THE DATES OF LIQUIDATION, THE AMOUNT OF THEIR CAPITAL, C I R CULATION ISSUED AND R E T I R E D , AND CIRCULATION OUTSTANDING OCTOBER 31,1891. Name and location of bank. Dateofliqui dation. Circulation. Capital. First National Bank, Penn Tan, N. Y.t- Apr. 6,1864 First National Bank, Norwich, Conn. *.. May 2.18G4 do . Second National Bank, Ottumwa, Iowat Oct- 3,1864 Second National Bank, Canton, Ohiot First National Bank, Lansing, Mich.t... Dec. 5,1864 Sept, 19,1864 $100,000 First National Bank, Columbia, Mo Mar. 15,1865 30,000 First National Bank, Carondelet, Mo First National Bank, TJtica, N. Y.* June ), 1865 5,1865 200,000 Pittston National Bank, Pittson, Pa Sept. 100,000 Fourth National Bank, Indianapolis, Ind. Nov. 30,1865 100,000 Berkshire National Bank, Adams, Mass.j Dec. 8,1865 400,000 National Union Bank, Rochester, N. Y.. Apr. 26,1866 50,000 First National Bank, Leonardsville, N. Y. July 11,1866 100, 000 Farmers' National Bank, Richmond, Ya. Oct. 22,1866 100, 000 Farmers' National Bank, Waukesha, Wis. Nov. 25,1866 National Bank of Metropolis, WashingNov. 28,1866 200,000 ton, D. C Mar. 1,1867 100,000 First National Bank, Providence, Pa Mar. 9,1867 150,000 National State Bank, Dubuque, Iowa First National Bank of Newton, NewMar. 11,1867 150,000 tonville, Mass 60,000 First National Bank, New trim, Minn .. Apr. 18,1867 National Bank of Crawford County, Apr. 19,1867 300,000 Meadville, Pa Kittanning National Bank, Kittanning, Apr. 29,1867 200,000 Pt May 28,1867 100,000 City National Bank, Savannah, Ga. t 500,000 Ohio National Bank, Cincinnati, Ohio... July 3,1867 Sept. 26,1867 200, 000 First National Bank, Kingston, N. Y Dec. 5,1867 50,000 First National Bank, Bluffton, Ind 200,000 National Exchange Bank, Richmond, Ya. . . . . d o 150, 000 First National Bank, Skaneateles, N. Y.. Dec. 21,1867 100, 000 Dec. 26,1867 First National Bank, Jackson, Miss 100, 000 First National Bank, Downingtown, Pa- Jan. 14,1868 100, 000 Jan. 15,1868 First National Bank, Titusville, Pa Jan. 21,1868 50,000 Appleton National Bank, Appleton, Wis. 1 Feb. 14,1868 120,000 National Bank of Whitestown, N. Y First National Bank, New Brunswick, 100, 000 Feb. 26,1868 N.J First National Bank, Cuyahoga Falls, M a r . 4,1868 50,000 i Ohio M a r . 23,1868 100,000 I First National Bank, Cedarburg, Wis Commercial National Bank, Cincinnati, Apr. 28,1868 500,000 Ohio 100,000 Second National Bank, Watertown, N. Y. July 21,1868 First National Bank, South Worcester, A u g . 4,1868 175, 500 N.Y National Mechanics and Farmers' Bank, 350,000 .do. Albany, N. Y 50,000 Second National Bank, DesMoines, Iowa. Aug. 5,1868 150,000 First National Bank, Steubenville, Ohio. Aug. 8,1868 Aug. 25,1868 • 100, 000 First National Bank, Plumer, Pa .. 50, 000 Sept, 30,1868 First National Bank, Danville, Ya. 150, 000 First National Bank, Dorchester, Mass .. Nov. 23,1868 75, 000 First National Bank, Oskaloosa, Iowa ... Dec. 17,1858 Merchants and Mechanics' National 300, 000 Dec. 31,1868 Bank,Troy,N.Y National Savings Bank, Wheeling, W. Jan. 7,1869 100,000 Va Jan. 12,1869 125,000 First National Bank, Marion, Ohio 200, 010 National Insurance Bank, Detroit, Mich Feb. 26,1869 150, 000 National Bank of Lansingburg, N. Y ... Mar. 6,1869 National Bank of North America, New A p r . 15,1869 1,000,000 York,N.Y .' 60,000 A p r . 19,1869 First National Bank, Hallowell, Me 50, 000 A p r . 23,3869 First National Bank, Clyde, N. Y 422, 700 Pacific National Bank, New York, N. Y. M a y 10,1869 390,000 Grocers' National Bank,.New York, N. Y J u n e 7,1869 100,000 Savannah National Bank, Savannah, Ga J u n e 22,1869 50,000 J u l y 30,1869 First National Bank, Frostburg, Md ... 50,000 A u g . 30,1869 First National Bank, La Salle, 111 National Bank of Commerce, GeorgeOct. 28,1869 100,000 town, D.C * New bank with same title. t Never completed organization. % Consolidated with another bank. Issued. $90,000 25,500 Retired. Outstanding. $89,875 25,399 $125 101 100, 000 99,333 667 192, 500 45, 000 85, 000 90, 000 191,473 44,415 84, 668 89,530 1,027 585 332 470 180,000 90, 000 127, 000 176,993 88, 780 125, 665 3,007 1,220 1,335 130,000 54, 000 128, 767 53,205 1,233 795 450,000 180, 000 45, 000 180,000 135, 000 45, 500 90, 000 86,750 45,000 45, 500 444, 060 177, 734 44, 576 179, 315 133,732 45, 320 88,991 85,775 44,379 45, 248 5, 940 2,266 424 685 1,268 180 1,009 975 621 252 1,331 90, 000 345,950 90,000 44,462 89,467 343, 785 88,940 157, 400 155, 781 1,619 314,950 42,500 135,000 87, 500 45, 000 132, 500 67,500 313,010 42,142 133,232 86,167 44, 655 130,577 1,940 358 1,768 1,333 345 1,923 520 184, 750 183,143 1,607 90, 000 109, 850 85,000 135, 000 89,390 109, 004 84,553 133,767 610 846 447 1,233 333,000 53,350 44,000 134,990 85, 250 85, 000 45,000 45, 000 330, 757 52,916 43, 270 134,072 84,866 84,475 44,742 44,515 2,243 434 730 918 384 525 258 485 90,000 89,075 825 45,000 90,000 538 533 2,165 1,060 18G REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER T H E P R O VISIONS OF SECTIONS 5220 AND 5221 OF THE R E V I S E D STATUTES, ETQ.—Cont'd. Date of liqui elation. Name and location of bank. Miners' National Bank, Salt Lake City, Utah First National Bank, Yinton, Iowa National Exchange Bank, Philadelphia, Pa First National Bank, Decatur, 111 N t i l Union National U i Bank, B k Owego, O N N. T First Natioal National Bank, ank, Berlin, e , Wiss C t l National Central N t i l Bank, B k Cincinnati, C i i t Ohio. First National Bank, Dayton, Ohio National Bank of Chemung, Elmira, N.Y. Merchants' National Bank, Milwaukee, Wis Dec. 2,1869 Dec. 13,1869 Issued. $135,000 42,500 Ketired. Outstanding. Jan. 8,1870 Jan. 10,1870 Jan. 11,1870 Jan. 25,1870 Mar. 31,1870 Apr. 9,1870 June 10,1870 300, 000 100,000 100, 000 500, 000 500, 000 150,000 100,000 175, 750 85,250 88, 250 44,000 425,000 135,000 90, 000 $134,034 42, 293 173,672 84,205 87, 297 43, 612 421,120 133, 820 89,488 June 14,1870 100,000 200,000 90,000 179,990 89, 320 178, 577 680 1,413 Aug. 3,1870 Sept. 23,1870 Oct. 13,1870 Oct. 15,1870 Oct. 24,1870 100,000 100, 000 50,000 300,000 100,000 90, 000 89,147 853 27,000 270, 000 85, 000 266,933 84,338 110 3,067 662 First National Bank, St. Louis, Mo July 16,1870 Chemung Canal National Bank, Elmira, Central National Bank, Omaha, Nebr.* .. First National Bank, Clarksville, Va. -.. First National Bank, Burlington, Vt First National Bank, Lebanon, Ohio National Exchange Bank, Lansingburs, Circulation. Capital. $150,000 50, 000 207 2,078 1,045 953 388 3,880 1,180 512 Dec. 27,1870 100,000 90,000 89,404 596 Muskingum National Bank, Zanesville, Jan. 7,1871 Ohio Feb. 15,1871 United National Bank, Winona, Minn ... Mar. 25,1871 First National Bank, Des Moines, Iowa. Saratoga County National Bank, Water- Mar. 28,1871 ford, N.Y Mar. 31,1871 State National Bank, St. Joseph, Mo May 2,1871 First National Bank, Fenton, Mich 24,1871 First National Bank, Wellsburg, W. Ya . June Clarke National Bank, Kochester, N. Y . Aug. 11,1871 Commercial National Bank, Oshkosh, Nov. 22,1871 Wis Fort Madison National Bank, Fort Madi- Dec. 26,1871 son, Iowa Jagi. 6, 1872 National Bank of Maysville, Ky A . 9,1872 Fourth National Bank, Syracuse, N. Y... JMiy 10,1872 American National Bank, New York, N.Y Carroll County National Bank, Sand- May 24,1872 wich, N.H June 24,1872 Second National Bank, Portland, Me Atlantic National Bank, Brooklyn, N.Y. J u l y 15,1872 Merchants and Farmers' National Bank, Aug. 8,1872 Quincy, 111 Aug. 9,1872 First National Bank, Rochester, N. Y ... Sept. 10,1872 Lawrenceburg, National Bank, Ind Jewett City National Bank, Jewett City, Oct. 4,1872 Conn First National Bank, Knoxville, Tenn ... Oct. 22,1872 Nov. 7,1872 First National Bank, Goshen, Ind Kidder National Gold Bank, Boston, Nov. 8,1872 Second National Bank, Zanesville, Ohio.. N o v . 16,1872 Orange County National Bank, Chelsea, 100,000 50,000 100,000 90,000 45, 000 90,000 89,235 44,585 89,208 765 415 792 150,000 100, 000 100,000 100,000 200,000 135,000 90,000 49, 500 90,000 180,000 134,037 89,455 49, 008 89,243 178,234 963 545 492 757 1,766 N.Y .....?.. 692 100,000 90,000 75, 000 300,000 105,500 500,000 67, 500 270,000 91,700 450,000 66,990 268,647 90,848 443,941 510 1,353 852 6,059 50,000 45,000 44,443 557 100,000 200,000 81,000 165,000 79, 994 163, 580 1,006 1,420 150, 000 400, oOO 200,000 135,000 206,100 180, 000 133, 675 203,774 177,860 1, 325 2,326 2,140 60,000 100, 000 115,000 48,750 80, 910 103,500 48,242 80,096 102,228 508 814 1,272 300,000 154,700 120, 000 138,140 120,000 136,458 1,682 Jan. 14,1873 Second National Bank, Syracuse, N. Y... Feb. 18,1873 200,000 100,000 180,000 90,000 177,756 88,815 2,244 1,185 Feb. 28,1873 Mar. 7,1873 230,000 75,000 207,000 66,900 207,000 65,990 910 Mar. 11,1873 140,000 93,800 92,850 950 Apr. 15,1873 do June 3,1873 100,000 100, 000 50,000 83,250 81,500 45,000 82,285 31,375 44,410 965 125 590 June 30,1873 July 18,1873 50,000 150, 000 45,000 116,770 44,271 115,273 729 1,497 Richmond National Bank, Richmond, Ind* First National Bank, Adams, N. Y Mechanics' National Bank, Syracuse N.Y ..:: Farmers and Mechanics' National Bankj Rochester, N.Y Montana National Bank, Helena, Mont.. First National Bank, Havana, N. Y Merchants and Farmers' National Bank, Ithaca, N.Y National Bank of Cazenovia, N.Y Merchants' National Bank, Memphis, Tenn Manufacturers' National Bank, Chicago, Second National Bank, Chicago, Aug. 30,1873 250,000 225,000 222,383 2,717 Sept. 25,1873 Hi...... do 500,000 100,000 438,750 97,500 433,106 96,081 5,644 1,419 * New bank, with same title. REPORT OF THE COMPTROLLER OF THE CURRENCY. 187 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OP THE REVISED STATUTES, ETC.—Cont'd. "Same and location of bank. Date of liquidation. Merchants' National Bank, Dubuque, Iowa Sept. 30,1873 Beloit National Bank, Beloit, Wis Oct. 2,1873 Union National Bank, St. Louis, Mo Oct. 22,1873 City National Bank, Green Bay, Wis Nov. 29,1873 First National Bank, Slielbina, Mo Jan. 1,1874 Second National Bank, Nashville, Tenn. Jan. 8,1874 First National Bank, Oneida, N. Y Jan. 13,1874 Merchants' National Bank, Hastings, Minn Feb. 7,1874 Mar. 3,1874 National Bank of Tecuniseh, Mich Gallatin National Bank, Shawneetown, Mar. 7,1874 111. First National Bank, Brookville, Pa . Mar. 26,1874 Citizens' National Bank, Sioux City, Apr. 14,1874 Iowa Citizens' National Bank, Charlottesville, Apr. 27,1874 Va Farmers' National Bank, Warren, 111 Apr. 28,1874 First National Bank, Medina, Ohio May 6,1874 Croton River National Bank, South East, N.Y May 25,1874 Merchants' National Bank of West Virginia, Wheeling, W. Va July 7,1874 Central National Bank, Baltimore, Md .. July 15,1874 Second National Bank, Leavenworth, July 22,1874 Kans Teutonia National Bank, New Orleans, Sept. 2,1874 La City National Bank, Chattanooga,Tenn.. Sept. 10,1874 First National Bank, Cairo, 111 Oct. 10,1874 First National Bank, Olathe, Kans Nov. 9,1874 First National Bank, Beverly, Ohio Nov. 10,1874 Union National Bank, LaFayette, Ind... Dec. 4,1874 Ambler National Dank, Jacksonville, Dec. 7,1874 Fla.* Mechanics' National Bank, Chicago, 111.. Dec. 30,1874 First National Bank, Evansville, Wis ... Jan. 9,1875 First National Bank, Baxter Springs, Kans Jan. 12,1875 do People's National Bank, Pueblo, Colo National Bank of Commerce, Green Bay, do Wis First National Bank, Millersburg, Ohio.. ....do First National Bank, Staunton, Va Jan. 23,1875 National City Bank, Milwaukee, Wis Irasburg National Bank of Orleans, Iras- Feb. 24,1875 Mar. 17,1875 burg, Vt Mar. 25,1875 First National Bank, Pekin, 111 Merchants and Planters' National Bank, Mar. 30,1875 Augusta, Ga Monticello National Bank, Monticello, ..do. Iowa Iowa City National Bank, Iowa City, Iowa Api. 14,1875 First National Bank, Wheeling, W. Va.. Apr. 22,1875 First National Bank, Mount Clemens, M a y 20,1875 Mich : First National Bank, Knob Noster, Mo.. M a y 29,1875 First National Bank, Brodhead, Wis June 24,1875 Auburn City National Bank, Auburn, June 26,1875 N.Y First National Bank, El Dorado, Kans... J une 30,1875 First National Bank, Junction City, Kans July 1,1875 July 19,1875 First National Bank, Chetopa, Kans A u g . 25,1875 First National Bank, Golden, Colo A u g . 26,1875 National Bank of Jefferson, Wis Green Lane National Bank, Green Lane, Sept. 9,1875 Pa Sept. 15,1875 State National Bank, Topeka, Kans Farmers' National Bank, Marshalltown, Richland NationaYBanki Mansfield Ohio Planters' National Bank, Louisville, Ky. First National Bank, Gallatin, Tenn. First National Bank, Charleston, W. Va. Peoples' National Bank, Winchester, 111. Sept. 18,1875 Sept. 25,1875 Sept. 30,1875 Oct. 1,1875 Oct. 2,1875 Oct. 4,1875 Circulation. Capital. Issued. Retired. Outstanding. $200,000 50, 000 500,000 50, 000 100,000 125,000 125,000 $180, 000 45,000 150, 300 45,000 90,000 92,920 110, 500 $176,220 44,369 148,353 44,285 89,277 91, 615 108,886 $3,7S0 631 1,947 715 723 1,305 1,614 100, 000 50,000 90, 000 45,000 88,450 44,350 1,550 650 250, 000 100,000 225,000 90,000 222, 932 88,735 2,068 1,265 50, 000 45,000 44,820 180 100,000 50, 000 75,000 90,000 45,000 45,000 89,139 44,433 44,708 861 567 292 200,000 166, 550 163, 580 2,970 500, 000 200,000 450,000 180,000 444,515 178, 716 5,485 1,284 100,000 90,000 87,870 2,130 300, 000 170,000 100,000 50, 000 102, 000 250,000 270,000 148, 001 90, 000 45,000 90,000 224,095 267,730 146,859 88,591 44,629 88,456 220,059 2,270 1,142 1,409 371 1,544 3,936 42, 500 250, 000 55,000 125,900 45,000 123,650 44,541 2,250 459 50, 000 50,000 36,000 27,000 35,630 26,813 100,000 100,000 100,000 100,000 90,000 60,400 90,000 60, 000 89,165 60,008 88,972 59,065 370 187 835 392 1,028 935 75,000 100,000 67, 500 90,000 200,000 169,000 66,456 88,625 167,160 1,840 100,000 125,000 250,000 45,000 104, 800 225,000 44, 751 102,981 221,398 249 1,819 3,602 50, 000 50, 000 50,000 27,000 43, 800 45,000 26,890 43,415 44,465 110 385 535 200, 000 50,000 50,000 50,000 50, 000 60, 000 141,300 45,000 45, 000 36,000 27,000 54,000 138,959 44, 507 44.665 35; 675 26,808 52,977 2,341 493 335 325 192 1,023 100, 000 60, 000 90,000 30,600 30,462 374 138 50,000 150, 000 350,000 75,000 100,000 75,000 27,000 130, 300 315,000 45, 000 90, 000 67,600 26,820 127,798 309,446 44,600 89, 099 66,802 180 2,502 5,554 400 901 * No circulation 1,044 1,375 188 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Circulation. Name and location of bank. Date of liquidation. First National Bank, New Lexington, Ohio Oct. 12,1875 First National Bank, Ishpeming, Mich .. Oct. 20,1875 Fayette County National Bank, Washington, Ohio Oct. 26,1875 Merchants' National Bank, Fort Wayne, Nov. 8,1875 Ind Kansas City National Bank, Kansas City, Mo Nov. 13,1875 First National Bank, Schoolcraft, Mich.. Nov. 17,1875 First National Bank, Curwensville, Pa . Dec. 17,1875 National Marine Bank, St. Paul, Minn .. Dec. 28,1875 Jan. 11,1876 First National Bank, Rochester, Ind ....do First National Bank, Lodi, Ohio Iron National Bank, Portsmouth, Ohio.. Jan. 19,1876 Jan. 26,1876 First National Bank, Ashland, Nebr Jan. 28,1876 First National Bank, Paxton, 111 First National Bank, Bloomfield, Iowa.. Feb. 5,1876 Marietta National Bank, Marietta, Ohio. Feb. 16,1876 Salt Lake City National Bank, Salt Lake City, Utah Feb. 21,1876 Feb. 24,1876 First National Bank, La Grange, Mo Mar. 7,1876 First National Bank, Atlantic, Iowa Mar. 11,1876 First National Bank, Spencer, Ind National Currency Bank,New York, N.Y. Mar. 23,1876 Caverna National Bank, Caverna, Ky... May 13,1876 May 25,1876 City National Bank, Pittsburg, Pa National State Bank, Des Moines, Iowa. June 21,1876 June 22,1876 First National Bank, Trenton, Mo July 10,1876 First National Bank, Bristol, Tenn July 11,1876 First National Bank, Leon, Iowa Anderson County National Bank, Lawrenceburg, Ky July 29,1876 First National Bank, Newport, Ind Aug. 7,1876 First National Bank, De Pere, Wis Aug. 17,1876 Second National Bank, Lawrence, Kans. Aug. 23,1876 Commercial National Bank, Versailles, Aug. 26,1876 Ky Aug. 31,1876 State National Bank, Atlanta, Ga Syracuse National Bank, Syracuse, N. Y. Sept. 25,1876 First National Bank, Northumberland, Pa Oct. 6,1876 First National Bank, Lancaster, Mo Nov. 14,1876 First National Bank, Council Grove, Kans Nov. 28,1876 National Bank of Commerce, Chicago, Hi Dec. 2,1876 Dec. 12,1876 First National Bank, Palmyra, Mo Dec. 16,1876 First National Bank, Newton, Iowa National Southern Kentucky Bank, Bowling Green, Ky Dec. 23,1876 First National Bank, Monroe, Iowa Jan. 1,1877 First National Bank, New London, Conn. Jan. 9,1877 Winona Deposit National Bank, Winona, Minn Jan. 28,1877 First National Bank, South Charleston, Ohio Feb. 24,1877 Lake Ontario National Bank, Oswego, ....do N.Y :.. Feb. 26,1877 First National Bank, Sidney, Ohio Apr. 9,1877 Chillicothe National Bank, Ohio Apr. 13,1877 First National Bank, Manhattan, Kans . Apr. 23,1877 National Bank, Monti cello, Ky Apr. 25,1877 First National Bank, Rockviile, Ind May 31,1877 Georgia National Bank, Atlanta, Ga June 11,1877 First National Bank, Adrian, Mich June 30,1877 First National Bank, Napoleon, Ohio... Aug. 1,1877 First National Bank, Lancaster, Ohio... Aug. 24,1877 First National Bank, Minerva, Ohio Aug. 28,1877 Kinney National Bank, Portsmouth, Ohi Oct. 19,1877 First National Bank, Green Bay, Wis... Oct. 27,1877 National Exchange Bank, Wakefield, R.I Nov. 10,1877 First National Bank, Union City, Ind... Nov. 13,1877 First National Bank, Negaunee, Mich ... Nov. 23,1877 Tenth National Bank, New York, N. Y.. Dec. 1,1877 First National Bank, Paola, Kans Dec. 6,1877 National Exchange Bank, Troy, N. Y... Dec. 20,1877 Second National Bank, La Fayette, Ind. Capital. Issued. Retired. Outstanding. $50,000 50,000 $45,000 45,000 $44,607 44,338 100,000 81,280 80,497 100,000 46,820 46,215 605 100, 000 50, 000 100, 000 100, 000 50,000 100, 000 100,000 50,000 50, 000 55,000 150, 000 65,991 45,000 90, 000 59, 710 45, 000 90,000 90, 000 45, 000 45, 000 49,500 90, 000 65,087 44, 462 88,388 58,235 43, 015 88,370 89,077 44,574 44,107 48,430 87, 971 904 538 1,612 1,475 1,985 1,630 923 426 893 1,070 2,029 100,000 50, 000 50,000 70,000 100,000 50,000 200,000 100,000 50, 000 50,000 60,000 45,000 45,000 45, 000 63,000 45, 000 45, 000 68,929 50,795 45, 000 45,000 45,000 44,110 44,430 44, 450 62, 480 43,900 j 44,615 ' 68,141 49, 405 44, 476 44,657 44,040 890 570 550 520 1,100 385 788 1,390 524 343 960 100,000 60, 000 50, 000 100,000 45, 000 45, 000 31,500 67, 500 44, 710 44,328 31, 233 66,630 290 672 267 870 170,000 200,000 200, 000 153, 000 73,725 117, 961 150, 817 72,115 114, 218 2,183 1,610 3,743 100, 000 50, 000 62,106 27,000 60,153 26,847 1,953 153 50,000 250, 000 100,000 50,000 26, 500 71,465 46,140 45,000 26,133 70,129 44,836 43,734 367 1,336 1,304 1,266 50,000 60, 000 100, 000 27,000 35,700 38,300 26, 732 35, 317 36,476 383 1,824 1, 615 662 100,000 63,285 61,670 100,000 . 90, 000 87,945 2,055 66,405 46, 200 53,825 44,200 49, 500 173, 090 45, 000 43,500 45,000 54,000 45,000 90, 000 45,000 34,650 45, 000 45,000 441,000 44,350 90,000 52,167 62, 204 45,157 62, 055 43,570 48, 360 169, 530 43,598 42,756 44,052 52, 291 44,331 88,820 43, 849 33,591 43, 945 44,173 420,950 43, 457 87, 646 48,579 4,201 1,043 1,770 630 1,140 3,560 1,402 744 948 1,709 669 1,180 1,151 1,059 1, 055 827 20,050 893 2,354 275, 000 52,000 100,000 52, 000 60, 000 200, 000 100, 000 100, 000 50,000 60, 000 50, 000 100, 000 50, 000 70, 000 50, 000 50, 000 500,000 50, 000 100, 000 200,000 REPORT OF THE COMPTROLLER OF THE CURRENCY. 189 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Name and location of bank. Date of liquidation. State National Bank, Minneapolis, Minn. Dec. 31,1877 Second National Bank, St. Louis, Mo Jan. 8,1878 ...do First National Bank, Sullivan, Ind Bockland County National Bank, Nyack, Jan, 10,1878 First National Bank, Wyandotte, Kans.. Jan. 19,1878 First National Bank, Boone, Iowa Jan. 22,1878 First National Bank, Pleasant Hill, Mo.. Feb. 7,1878 National Bank of Gloversville, N. Y Feb. 28,1878 First National Bank, Independence, Mo. Mar. 1,1878 National State Bank, Lima, Ind Mar. 2,1878 First National Bank, Tell City, Ind Mar. 4,1878 First National Bank, Pomeroy, Ohio Mar. 5,1878 Eleventh Ward National Bank, Boston, Mass Mar. 14,1878 First National Bank, Prophetstown, 111.. Mar. 19,1878 First National Bank, Jackson, Mich Mar. 26,1878 First National Bank, Eau Claire, Wis ... Mar. 30,1878 First National Bank, Washington, Ohio . Apr. 5,1878 First National Bank, Middleport, Ohio .. Apr. 20,1878 First National Bank, Streator, 111 Apr. 24,1878 First National Bank, Muir, Mich Apr. 25,1878 Kane County National Bank, Saint Charles, 111 May 31,1878 First National Bank, Carthage, Mo June 1,1878 Security National Bank, Worcester, Mass June 5,1878 First National Bank, Lake City, Colo June 15,1878 People's National Bank, Norfolk, Va July 31,1878 Topeka National Bank, Topeka, Kans ... Aug. 7,1878 First National Bank, St. Joseph, Mo Aug. 13,1878 First National Bank, Winchester, Ind ... Aug. 24,1878 Muscatine National Bank, Muscatine, Iowa Sept. 2.1878 Traders' National Bank, Chicago, 111 Sept. 4,1878 Union National Bank, Rahway, N. J Sept. 10,1878 First National Bank, Sparta, Wis Sept. 14,1878 Herkimer County National Bank, Little Falls, N.Y Oct. 11,1878 Farmers' National Bank, Bangor, Me Nov. 22,1878 Pacific National Bank, Council Bluffs, Nov. 30,1878 Iowa Dec. 14,1878 First National Bank, Anamosa, Iowa Smithfield National Bank, Pittsburgh Pa. Dec. 16,1878 Firat National Bank, Buchanan, Mich... Dec. 21,1878 Dec. 24,1878 First National Bank, Prairie Citv, 111 Corn Exchange National Bank, Chicago, Jan. 4,1879 111. Franklin National Bank, Columbus,Ohio. Jan. 4,1879 Traders' National Bank, Bangor, Me . Jan. 14,1879 First National Bank, Gonic, N. H Jan. 14,1879 Jan. 14,1879 First National Bank, Salem, N. C Jan. 14,1879 First National Bank, Granville, Ohio Commercial National Bank, Petersburg, Va Jan. 14,1879 First National Gold Bank, Stockton, Cal. Jan. 14,1879 First National Bank, Sheboygan, Wis... Jan. 14,1879 First National Bank, Boscobel, Wis Jan, 21,1879 National Marine Bank, Oswego, N. Y Jan. 25,1879 Central National Bank, Hightstown,N.J. Feb. 15,1879 Brookville National P>ank, Brookville, Feb. 18,1879 Ind Farmers' National Bank, Centreville, Feb. 27,1879 Iowa First National Bank, Clarinda, Iowa Mar. 1,1879 Waterville National Bank, Waterville, Mar. 3,1879 Me First National Bank, Tremont, Pa Mar. 4,1879 First National Bank, Atlanta, 111 Apr. 15,1879 Apr. 22,1879 Union National Bank, Aurora, 111 Apr. 26,1879 National Bank of Menasha, Wis National Exchange Bank, Jefferson City, Mo May 8,1879 First National Bank, Hannibal, Mo May 15,1879 Merchants' National Bank, Winona, Minn . June 16,1879 Farmers' National Bank, Keithsburg, ni July 3,1879 Circulation. Capital. Issued. Eetired. Outstanding. $100,000 200,000 50, 000 $82,500 53, 055 45,000 $80,064 48,710 44,385 $2,436 4,345 615 100, 000 50, 000 50, 000 50, 000 100, 000 50, 000 100, 000 50, 000 200,000 89, 000 45, 000 32,400 45, 000 64,750 27,000 33,471 44,500 75,713 87,036 44,215 31,755 44,098 63, 616 25, 691 32,142 43, 930 71,660 1,964 785 645 902 1,134 1,309 1,329 570 4,053 200,000 50, 000 100, 000 60,000 200,000 80, 000 50,000 50,000 89,400 45, 000 88,400 38,461 69,750 31, 500 40,500 44, 200 87,845 44,508 86,245 37.672 66, 820 31,075 40, 005 43, 574 1,555 492 2,155 789 2,930 425 495 626 50,000 50,000 100,000 50,000 100,000 100,000 100, 000 60,000 26, 300 44, 500 49,000 29,300 85,705 89, 300 67,110 52,700 25,818 43,758 48, 230 29,089 83,610 86,926 66,190 50, 824 482 742 770 211 2,095 2,374 920 1,876 100,000 200,000 100,000 50,000 44,200 43,700 89,200 45,000 41, 986 40, 300 86,380 43,778 2,214 3,400 2,820 1,222 200,000 100,000 178,300 89,100 172,748 86,952 5,552 2,148 100, 000 50,000 200,000 50, 000 50,000 45,000 44,500 78,750 27,000 27,000 43, 670 43,189 75,600 26,577 25, 790 1,330 1,311 3,150 423 1,210 500,000 100,000 100,000 60, 000 150,000 50, 000 59,160 93,070 76,400 45,597 128,200 34,365 53,408 89,633 73,350 43,806 123,960 31,775 5,752 3,437 3,050 1,791 4,240 2,590 120,000 300,000 50,000 50,000 120,000 100,000 99,800 238,600 45,000 43,900 44,300 32,400 95,678 224,191 44,190 42, 866 41,856 31,808 4,122 14,409 810 1,034 2,444 592 100,000 89,000 85,725 3,275 50,000 50,000 41,500 45,000 40,848 44,224 652 776 125,000 75,000 50,000 125,000 50,000 110,300 64,600 26,500 82,000 44,500 106,378 01,468 25,830 78,925 43,523 3,922 3,132 670 3,075 977 50,000 100,000 45,000 43,758 83,882 1,242 4,318 100,000 35,000 34,296 704 50? 000 27,00Q 26,180 820 190 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Circulation. Name and location of bank. [Date of liquidation. Capital. July 5,1879 First National Bank, Franklin, Ky $100,000 July 8,1879 50, 000 National Bank of Salem, Salem, Ind July 19,1879 125, 000 Fourth National Bank, Memphis, Tenn July 21, 1879 Bedford National Bank, Bedford, Ind 100,000 Aug. 15, 1879 First National Bank, Afton, Iowa 50,000 50,000 First National Bank, Deer Lodge, Mont - Aug. 10.1879 Aug. 30,1879 50,000 First National Bank, Batavia, 111 National Gold Bank and Trust Company, San Francisco, Cal Sept. 1,1879 750,000 Gainesville National Bank, Gainesville, Ala Nov. 25,1879 100,000 First National Bank, Hackensack, N. J . . Dec. 6,1879 100,000 National Bank of Delavan, Delavan, Wis Jan. 7,1880 50,000 Mechanics' National Bank, Nashville, Tenn Jan. 13,1880 100, 000 Manchester National Bank, Manchester, Ohio ....do Jo,ooo First National Bank, Meyersdale, Pa Mar. 5,1880 50,000 First National Bank, Milflinhurg, Pa Mar. 8,1880 100,000 National Bank of Michigan, Marshall, Mich May 14,1880 120,000 National Exchange Bank, Houston, Tex. Sept. 10,1880 100, 000 Ascutney National Bank, Windsor, Vt .. Oct. 19,1880 100,000 First National Bank, Seneca Falls, N. Y. Nov. 23,1880 60,000 First National Bank, Baraboo, Wis Nov. 27,1880 50, 000 Bundy National Bank, New Castle, Ind - Dec. 6,1880 50,000 Vineland National Bank, Vineland, N. J . Jan. 11,1881 50, 000 Ocean County National Bank, Toms Eiver, N. J ....do 100,000 Hungerford National Bank, Adams, N. Y 50, 000 Merchants' NationalBank, Minneapolis, Jan. 27,1881 Minn 150, 000 Farmers' National Bank, Mechanics- Jan. 31,1881 burg, Ohio 100,000 First National Bank, Green Spring, Feb. 18,1881 ....do Ohio 50,000 First NationalBank, Cannon Falls, Minn. Feb. 21,1881 50,000 First National Bank, Coshocton, Ohio... ....do 50, 000 Manufacturers' National Bank, Three Rivers, Mich Feb. 25,1881 50, 000 First National Bank. Lansing, Iowa ....do 50,000 First National Bank, Watertown, N. Y.. May 26,1881 100,000 First National Bank, Americus, Ga June 17,1881 60,000 First National Bank, St. Joseph, Mich... June 30,1881 50, 000 First National Bank, Logan, Ohio July 8,1881 50,000 First National Bank, Roehelle, 111 Aug. 9,1881 50,000 First National Bank, Shakopee, Minn... Aug. 10,1881 50,000 National State Bank, Oskaloosa, Iowa... Aug. 13,1881 50,000 Aug. 27,1881 First National Bank, Hobart, N. Y 100,000 Aug. 30,1881 Attica National Bank, Attica, N. Y 50, 000 National Bank of Brighton, Boston, Mass Oct. 4,1881 300, 000 Clement National Bank, Rutland, Vt. * - - Aug. 1,1881 100,000 Nov. 1,1881 First National Bank, Lisbon, Iowa* 50,000 Dec. 1,1881 First National Bank, Warsaw, Ind 50,000 Brighton National Bank, Brighton, Iowa. Dec. 15,1881 50, 000 Merchants' National Bank, Denver, Colo. Dec. 24,1881 120,000 Merchants' National Bank, Holly, Mich. Dec. 31,1881 50, 000 Jan. 3,1882 First National Bank, Alliance, Ohio 50, 000 National Union Bank,NewLondon, Conn. Jan. 10,1882 300, 000 National Bank of Royalton, Vt ....do 100, 000 First National Bank, Whitehall, N. Y . . . Jan. 18,1882 50,000 National Bank of Pulaski, Tenn 70,000 Jan. 23,1882 First National Bank, Alton, 111 Mar. 30,1882 100,000 Havana National Baak, Havana, N. Y . . . Apr. 15,1882 50,000 First National Bank, Brownsville, Pa . . . May 2,1882 75,000 Second National Bank, Franklin, Ind June 20,1882 100,000 Merchants' National Bank, Georgetown, Colo June 22,1882 50, 000 Commercial National Bank, Toledo, Ohio. July «,1882 100, 000 Harmony Nation?! Bank, Harmony, Pa . July 7,1882 50,000 First National Bank, Liberty, Ind July 22,1882 60,000 Manufacturers' National Bank, Amsterdam, N.Y Aug. 1,1882 80, 000 First National Bank, Bay City, Mich . . . . Nov. 8,1882 400, 000 First National Bank, Ripley, Ohio Nov. 10,1882 100, 000 * New bank with same title. Issued. Retired. Outstanding. $54,000 44,400 45,000 87, 200 26, 500 45,000 44, 300 $52,180 43,762 43,110 85,457 25, 524 43,920 42,300 $1,820 638 1,890 1,743 976 1,080 2,000 40,000 29,350 10,650 90,000 90, 000 87,449 3,536 2,551 27,000 25,800 1,200 90, 000 84,600 5,400 48, 303 30,600 90, 000 46,455 30,080 85,995 100,800 31, 500 90,000 54,000 27, 000 45,000 45, 000 96,811 30, 082 86, 656 52,728 26, 360 44,509 44, 366 1,848 .520 4,005 3,989 1,418 3,344 1,272 640 491 634 119,405 45,000 113,500 41,848 5,905 3,152 96,247 2,021 30,140 29,055 1,085 45,000 45,000 53,058 43,912 44, 323 51,640 45,000 45,000 75,510 45,000 26,500 45, 000 45,000 45,000 81,665 90,000 45,000 270,000 43, 927 43,458 70, 855 43, 910 23,730 43, 515 43,963 43, 585 78, 555 86,206 43,970 259,283 1,088 677 1,418 1,073 1,542 4,655 1,090 2,770 1,485 1,037 1,415 3,110 3,704 1,030 10,717 45, 000 48, 500 45,000 72,000 45,000 45, 000 112, 818 90,000 45, 000 43,700 90,000 45,000 67, 500 81,060 44, 020 46,875 43,812 69,-780 43,762 43,498 107, 537 86,203 42,169 41,538 85,840 43,219 63,690 74,930 1,625 1,188 2,220 1,238 1,502 5,281 3,797 2,831 2,162 4,160 1,781 3,810 6,130 45,000 90,000 45,000 54,000 44,083 87,560 43,240 917 2,440 1,760 1,904 72,000 156,100 69,201 69,870 149,663 63,194 2,130 6,497 MOT REPORT OF THE COMPTROLLER OF THE CURRENCY. 191 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OP SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Circulation. Name and location of bank. Date of liquidation. National Bank of State of New York, New York, N.Y First National Bank, Wellington, Ohio .. Second National Bank, Jefferson, Ohio .. First National Bank, Painesville, Ohio .. St. Nicholas National Bank, New York, Dec. 6,1882 Dec. 12,1882 Dec. 26,1882 Dec. 30,1882 $800,000 100, 000 100, 000 200,000 $397, 004 90, 000 90, 000 162,800 $379,817 86, 777 85 783 153,146 $17,187 3,223 ' 4,217 9,054 ....do ....do Jan. 3,1883 Jan. 9,1883 500, 000 500, 000 50,000 150, 000 450,000 29,700 45,000 59,400 420, 807 22, 321 43, 228 55, 579 29,193 7,376 1,772 3,821 : N. Y Fifth National Bank, Chicago, 111 First National Bank, Dowagiac, Mich . . . First National Bank, Greenville, 111 Merchants' National Bank, East Saginaw, Mich Logan County National Bank, Russellville,Ky National Bank of Vandalia, 111 Traders' National Bank, Charlotte, N.C . First National Bank, Norfolk, Nebr First National Bank, Midland City, Mich* Citizens' National Bank, NewUlm,Minn. National Bank of Owen, Owenton, Ky... Merchants' National Bank, Nashville, Tenn Indiana National Bank, Bedford, Ind Stockton National Bank, Stockton, Cal.. Wall Street National Bank, New York, N.Y Commercial National Bank, Reading, Pa. Corn Exchange National Bank, Chicago, 111* :..Farmers' National Bank, Sullivan, Ind .. City National Bank, La Salle, 111 Hunt County National Bank, Greenville, Tex Waldoboro National Bank, Waldoboro, Me Third National Bank, Nashville, Tenn .. Madison County National Bank, Anderson, Ind First National Bank, Phoenix, Ariz Cobbossee National Bank, Gardiner, Me . Mechanics and Traders' National Bank, New York, N. Y Princeton National Bank, Princeton, N. J Kearsarge National Bank, Warner, N. H. Second National Bank, Lansing, Mich . . . First National Bank, Ellensburg, Wash. German Nation* Bank, Millerstown, Pa. Exchange National Bank, Cincinnati, Ohio.7. First National Bank, Rushville, 111 Mechanics' National Bank, Peoria, 111... First National Bank, Freeport, Pa Genesee County National Bank, Batavia, N.Y : Capital. Be tired. Outstanding. 200, 000 101,100 94, 599 6,501 .do . Jan. 11,1883 Jan. 16,1883 Feb. 3,1883 Feb. 5,1883 Mar, 1,1883 Mar. 5,1883 50,000 100, 000 50,000 45,000 30, 000 50, 000 56,000 40, 050 90, 000 38,800 11,240 38,810 72, 910 37, 316 11,020 1,240 17,090 1,484 220 27, 000 48,900 25,760 46,360 1,240 2,540 June 30,1883 Aug. 25,1883 Oct 1,1883 300, 000 35, 000 100, 000 141,200 11, 250 90,000 132,440 11, 250 86,420 8,760 Oct. 15,1883 Oct. 23,1883 500, 000 150,000 102, 800 135,000 91, 920 127, 550 10, 874 7,450 Nov. 10,1883 Dec. 24,1883 Jan. 8,1884 700, 000 50, 000 100,000 41,920 20,270 3,080 2,230 Jan. 22,1884 68, 250 45, 000 22, 500 17,300 15,720 1,580 Jan. 31,1884 Feb. 20,1884 50, 000 300, 000 44,000 167,600 40, 359 158, 390 3,641 9, 210 Mar. 25,1884 Apr. 7,1884 Apr. 18,1884 50, 000 50, 000 150, 000 45, 000 11,240 90, 000 43, 400 11,000 83,055 1,600 240 6,945 Apr. 24,1884 200, 000 85,400 76, 540 May 17,1884 June 30,1884 July 31,1884 Aug. 9,1884 Aug. 12,1884 100, 000 50, 000 50, 000 50, 000 50, 000 72, 500 23, 58G 40, 000 13,500 45, 000 69, 315 22,333 35, 744 12,750 40,055 3,185 1, 253 4, 250 750 4,945 Aug. 27,1884 Sept. 30,1884 Oct. 4,1884 Oct. 10,1884 500,000 75, 000 100, 000 50, 000 78, 000 66, 500 72, 000 44,200 71,740 59, 721 65, 033 39,930 6,260 6,779 6,967 4,270 Oct. 11,1884 Oct. 20,1884 50,000 50,000 45, 000 22,150 43, C50 20, 210 1,950 1,940 22, 500 21,830 670 45,000 41,690 3, 310 ..do - Valley National Bank, Red Oak, Iowa . . . 73, 000 Merchants' National Bank, Bismarck, Oct. 28,1884 Dak.... Manufacturers' National Bank, Minne- Nov. 1,1884 300,000 apolis, Minn Farmers and Merchants' National Bank, Nov. 10,1884 50,000 Uhrichsville, Ohio Metropolitan National Bank, New York, Nov. 18,1884 3,000, 000 N.Y First National Bank, Grand Forks, N. Dec. 2,1884 50,000 Dak Dec. 8,1884 50,000 Iron National Bank, Gunnison, Colo Freehold National Banking Co., Free- Dec. 10,1884 50,000 hold,N.J Dee. 16,1884 50,000 Albia National Bank, Albia, Iowa ....do 50,000 First National Bank, Carlinville, 111 Dec. 26,1884 100,000 Freeman's National Bank, Augusta, Me. Jan. 1,1885 250,000 First National Bank, Kokomo, Ind Jan. 2,1885 50,000 First National Bank, Sabetha, Kans Jan. 13,1885 50, 000 First National Bank, Wyoming, 111 ....do 50, 000 First National Bank, Tarentum, Pa Jan. 21,1885 60, 000 First National Bank, Walnut, 111. * No circulation issued. Issued. 3,580 34,600 31,900 2,700 1,447,000 1,291,057 155,943 19,250 11,250 18,650 10,630 600 620 93,000 11,240 22,450 90,000 45,000 10,740 11,200 42, 500 36,000 85,025 10,860 20,647 81, 536 41,810 10,465 7,975 380 1,803 8,464 3,190 275 1,090 4,180 2,950 10,110 38,320 33,050 192 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OP SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Circulation. Name and location of bank. Date of liquidation. Fanners1 National Bank, Franklin, Tenn. Jan. 24,1885 Citizens' National Bank, Sabetha, Kaas.. Jan. 27,1885 Jan. 31,1885 First National Bank, Tucson, Ariz Feb. 7,1885 Ripon National Bank, Ripon, Wis Farmers' National Bank, Franklin, Obio. Apr. 1,1885 Apr. 9,1885 First National Bank, Prescott, Ariz .. Apr. 28,1885 National Union Bank, Swanton, Vt German National Bank, Memphis, Tenn. May 6,1885 Merchants and Farmers' National Bank, May 12,1885 Shakopee, Minn May 16,1885 First National ank, Superior, Wis ShetucketNational Bank, Norwich, Conn. May 18,1885 Cumberland National Bank, CumberJune 5,1885 land, R.I July 14,1885 First National Bank, Columbia, Tenn TTnion National Bank, New York, N. Y .. July 21,1885 Oct. 3,1885 First National Bank, Centerville, Ind Manufacturers' National Bank, Apple- Oct. 10,1885 ton, Wis First National Bank, Plankinton, S. Dak. Oct. 21,1885 Dec. 4,1885 Valley National Bank, St. Louis, Mo Jan. 6,1886 First National Bank, Belton, Tex First National Bank, Granville, Ohio ... Feb. 15,1886 Concordia National Bank, Concordia, Mar 12,1886 Kans Mar. 22,1886 Citizens' National Bank, Beloit. Wis Mar. 24,1886 First National Bank, Dayton. Wash Apr. 14,1886 First National Bank, Macomb, 111 Apr. 20,1886 First National Bank, Jesup, Iowa.... May 8,1886 Dallas National Bank, Dallas, Tex May 12,1886 First National Bank, Lewiston, 111 First National Bank, Cedar Rapids, Iowa. May 28,1886 July 31,1886 First National Bank, Socorro, N. Mex Custer County National Bank, Broken Aug. 9,1886 Bow, Nebr Roanoke National Bank, Roanoke, Va.. Sept. 16,1886 First National Bank, Brownville, Nebr.. do First National Bank, Leslie, Mich Mount Vernon National Bank, Mount Sept. 25,1886 Oct. 11,1886 Vernon, 111 Oct. 14,1886 National Bank, Piedmont, W. Va First National Bank, St. Clair, Mich . . . Oct. 20,1886 First National Bank, Milford, Mich Oct. 21,1886 National Bank of Kingwood, W. Va ....do Merchants' National Bank, Lima, Ohio.. Oct. 22,1886 Hubbard National Bank, Hubbard, Ohio Oct. 23,1886 Commercial National Bank, Marshalltown, Ohio Oct. 25,1886 First National Bank, Indianapolis,Ind.. Nov. 11,1886 First National Bank, Concord, Mich Nov. 27,1886 Jamestown National Bank, Jamestown, N.Dak Nov. 29,1886 First National Bank, Berea, Ohio Dec. 1,1886 First National Bank, Allerton, Iowa... Dec. 6,1886 Second National Bank, Hillsdale, Mich.. Dec. 18,1886 Topton National Bank, Topton, Pa Dec. 28,1886 Dec. 31,1886 First National Bank, Warsaw, 111 First National Bank, Hamburg, Iowa.. ....do Darlington National Bank, Darlington, Union National Bank, Cincinnati, Ohio . Roberts National Bank, Titus ville, Pa.. National Bank of Rahway, N. J :.. Olney National Bank, Olney, 111 Metropolitan National Bank, Leavenworth, Kans Ontario County National Bank, Canandaigua,N.Y Winsted National Bank, Winsted, Conn Council Bluffs National Bank, Council Bluffs, Iowa First National Bank, Homer, HI First National Bank, Beloit, Wis Mystic National Bank, Mystic, Conn . . . Exchange National Bank, Louisiana, Mo Exchange National Bank, Downs, Elans . First National Bank, Tecumseh, Nebr... Capital. Issued. Retired. Outstanding. $50, 000 50,000 100,000 50,000 50, 000 50,000 50,000 175,300 $10,740 11, 240 28,100 16,200 27, 350 11,250 43, 800 120,100 $10,290 10,790 27,180 15,625 25,700 10,460 39,270 100,328 $450 450 920 575 1,650 790 4,530 19,772 50,000 60,000 100,000 10,240 18, 900 72, 000 9,790 18,220 65,102 450 680 125,000 100, 000 1,20Q> 000 50,000 50, 000 106, 200 66, 800 25,100 27, 350 45, 000 96,205 59,266 14,651 24,250 41,551 9,995 7,534 10, 449 3,100 3,449 50,000 250, 000 50,000 50,000 11,250 44,960 23,490 26,500 10,040 38,050 20,760 24,914 1,210 6,910 2,730 1,586 50,000 50,000 50,000 100,000 50, 000 150,000 50, 000 100,000 50,000 11,240 11,240 13,490 89, 520 25,760 33, 760 45, 000 35,490 15, 500 10,610 9,890 12, 670 75,982 24,410 29,190 37, 640 30,215 13,480 630 1,350 820 13, 538 1,350 4,560 7,360 5,275 2,020 50,000 50, 000 50, 000 50,000 11,240 11,250 39, 680 13,410 11,240 9,600 33,095 11,260 1,650 6,585 2,150 51,100 50, 000 50,000 50,000 125,000 50,000 50,000 45,000 45, 000 39,310 45, 000 96,140 45,000 45,000 39,936 37,160 35,432 36,500 76,980 37,140 40,542 5,064 7,840 3,878 8,500 19,160 7,860 4,458 100,000 500, 000 50,000 22,500 162,325 11,250 19,160 133,855 10, 630 3,340 28,440 620 50,000 50,000 50,000 50,000 50,000 50,000 50,000 11,250 45,000 11,250 13,892 18,000 38,250 13, 500 9,270 40,528 9,720 10,180 14,640 30,255 10,825 1,980 4,472 1,530 3,712 3,360 7,995 2,675 10,1887 14,1887 28,1887 9,1887 11,1887 100,000 500,000 100, 000 100,000 60, 000 22,500 237,230 75, 610 42,500 27,000 20,270 198,112 64,290 33,541 24,100 2,230 39,118 11, 320 8,959 2,900 Mar. 15,1887 100,000 22,500 18,770 3,730 1,020 2,205 3,420 725 1,760 5,398 1,225 1,405 Feb. Feb. Feb. Mar. Mar. Mar. 23,1887 Apr.' 12,1887 50,000 50,000 11,250 11,250 10,230 9,045 May 5,1887 June 22,1887 June 30,1887 July 7,1887 July 12,1887 Aug. 1,1887 100,000 50,000 50,000 52,450 50,000 50.000 50,000 22,500 11,250 11,250 47,205 11,250 11,250 11,700 19,080 10,525 9,490 41,807 10, 025 9,845 10,300 Nov. 1,1887 M00 REPORT OF THE COMPTROLLER OF THE CURRENCY. 193 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Name and location of bank. Date of liquidation. Circulation. Capital. Third National Bank, St. Paul, Minn $500,000 Nov. 4,1887 First National Bank, Marshall, Mo 100, 000 Dec. 6,1887 First National Bank, Greene, Iowa Dec. 15,1887 50,000 Fulton National Bank, New York, N. T*. Dec. 20,1887 300,000 Fayetteville National Bank, Fayetteville, N.C 200, 000 Dec. 31,1887 50,000 National Bank, Somerset, Ky ....do 50,000 First National Bank, Richburg, N. Y . . . . Jan. 10,1888 Scituate National Bank, Scituate, E. I . . . Jan. 11,1888 56, 000 National Bank, Franklin, Ind 50, 000 Jan. 31,1888 50, 000 First National Bank, Hampton, Iowa Feb. 1,1888 50, 000 First National Bank, Greensburg, Kans. Feb. 10,1888 50,000 First National Bank, Central City, Nebr. Feb. 11,1888 300, 000 Duluth National Bank, Duluth, Minn ... Feb. 20,1888 Bismarck National Bank, Bismarck, N. 50,000 Dak Mar. 1,1888 50, 000 First National Bank, Ashton, S. Dak . . . Mar. 6,1888 Citizens' National Bank, Sioux Falls, S. 50, 000 Apr. 24,1888 Dak. 50,000 First National Bank, Stanton, Mich Apr. 30,1888 50,000 First National Bank, Fairmont, Nebr May 1,1888 50,000 First National Bank, Greenleaf, Kans : .*. May 9,1888 75, 000 National Bank Genesee, Batavia, N. Y... May 21,1888 Strong City National Bank, Strong City, 50,000 May 26,1888 Kans 100,000 Citizens' National Bank, Saginaw, Mich. June 1,1888 Saugerties National Bank, Saugerties, June.16,1888 125, 000 N. Y 300,000 June 21,1888 Hyde National Bank, Titusville, Pa 100,000 July 18,1888 State National Bank. Omaha, Nebr Cincinnati National Bank, Cincinnati, 280,000 Aug. 1,1888 Ohio First National Bank, Worthington, 75,000 Sept. 5,1888 Minn '. South Framingham National Bank, 100,000 South Framingham Mass Sept, 8,1888 100, 000 First National Bank, Alameda, Cal Sept. 4,1888 50, 000 First National Bank, Grass Valley, Cal. Sept. 18,1888 Merchants National Bank of West Virginia, Morgantown, W. Va 110,000 Oct. 4,1888 50, 000 First National Bank, Cawker City, Kans. Oct. 9,1888 San Diego National Bank, San Diego, 100, 000 Nov. 7,1888 Cal 200,000 National Exchange Bank, Auburn, N. Y. Nov. 16,1888 50, 000 National Bank of Dayton, Wash . . . . Nov. 21,1888 50,000 ....do First National Bank, Colby, Kans. First National Bank, Russell Springs, ....do 50,000 Kans, 50, 000 First National Bank, Columbia, S. Dak.. Nov. 26,1888 50, 000 Citizens' National Bank, Kingman, Kans Dec. 24,1888 250, 000 Bowery National Bank, New York, N. Y. Jan. 2,1889 Jan. 8,1889 50, 000 Second National Bank, Iona, Mich 100,000 First National Bank, Johnstown, N. Y.. Jan. 16,1889 75,000 First NationalBank, Canandaigua, N. Y. Jan. 26,1889 Pendleton National Bank, Pendleton, 50,000 Oregon Feb. 4,1889 Iowa City National Bank, Iowa City, 200, 000 Feb. 7,1889 Iowa Fleming County National Bank, FlemFeb. 9,1889 ingsburg, Ky 50,000 Merchants' National Bank, El Dorado, Feb. 26,1889 100,000 Kans Merchants' National Bank, Des Moines, Mar. 1,1889 100, 000 Iowa Norwich NationalBank, Norwich, Conn. Mar. 15,1889 220,000 First National Bank, Franklin, Nebr.... Mar. 27,1889 60,000 Farmers and Mechanics' National Bank, Buffalo, N.Y 200, 000 Apr. 3,1889 50, 000 First National Bank, Du Bois City, Pa .. Apr. 8,1889 First National Bank, Cimarron, Kans... Apr. 27,1889 50,000 Traders' National Bank, San Antonio, Apr. 29,1889 Tex 100,000 Merchants' National Bank, Duluth, May 20,1889 Minn 200, 000 Wright County National Bank, Clarion, June 19,1889 50,000 Iowa *No circulation. 11167 13 Issued. Eetired. Outstanding. $45,000 22, 500 10,750 $36,820 19, 960 8,370 $8,180 2,540 2,380 39, 580 45,000 25, 905 35,018 11, 250 11, 250 11, 240 10, 710 45,000 32, 335 41,515 23, 030 28,261 9,325 9,070 9,415 9,380 33, 710 7,245 3,485 2,875 6, 757 1, 925 2,180 1,825 1,330 11, 290 11,250 11,250 9,430 8,590 1,820 2,660 11, 250 11,250 11, 250 11,250 44,434 9,350 9,140 9,910 9,690 32,679 2,110 1,340 1,560 11,755 11,250 45,000 9,270 33, 760 11, 240 93,316 74, 730 22,500 71,235 61,420 22, 081 13, 310 6,550 52,510 16,875 15, 950 35, 250 1,900 1,980 17, 2tfO 2,935 21, 720 27, 000 11, 250 13,940 16,180 19,220 7,390 11, 250 55,550 7,980 25, 280 3,270 22,500 97,520 11,250 11,250 16, 000 67,060 7,270 9,050 6,500 30,460 3,980 2,200 10,690 11,250 11, 250 217, 710 21,870 86, 590 17,100 7,470 8,715 7,150 146,270 3,220 2, 535 4,100 71, 440 7,754 23, 587 8,440 14,116 63,003 5,540 7,780 3,860 11,250 8,030 3,220 45,000 28,390 16,610 26,622 16,565 10,057 22, 500 15,010 7,490 22, 500 77,150 13,000 14,775 44,700 9,664 7,725 32,450 3, 336 26,100 11, 250 10,170 16,809 6,960 7,565 9,291 4,290 2,605 22, 500 3,310 19,190 45,000 30,110 14,890 11,250 6,090 5,160 194 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Name and location of bank. Date of liquidation. National Bank, Lawrence, Kans June 29,1889 National Bank, Le Eoy, N. Y ....do Halstead National Bank, Halstead, Kans. ....do Farmers' National Bank, Mt. Sterling, Ky July 1,1889 First National Bank, Key port, N. J do National Bank, Huntsville, Ala July 3,1889 German National Bank, Newton, Kans .. July 19,1889 First National Bank, Clay Center, Nebr.. Aug. 8,1889 VernonNational Bank, Vernon, Tex.* ... Aug. 17,1889 Aug. 23,1889 Butler National Bank, Butler, Mo Second National Bank, Lebanon, Tenn .. Sept. 18,1889 Oct. 1,1889 National Bank, Kinderhook, N. Y Oct. 31,1889 First National Bank, Woodstock, 111 Farmers and Merchants' National Bank, Valley City, N. Dak Dec. 1,1889 Union National Bank, La Crosse, Wis... Dec. 9,1889 Harper County National Bank, Anthony, Kans Dec. 20,1889 Lumberman's National Bank, Williamsport, Pa Dec. 31,1889 First National Bank, South Haven, Mich. ....do Durango National Bank, Durango, Colo.. Jan. 6,1890 First National Bank, Fox Lake, Wis Jan. 11,1890 First National Bank, Ogallala, Nebr ....do First National Bank, Stockton, Kans Jan, 15,1890 First National Bank, Kulo, IS'ebr Jan. 20,1890 First National Bank, Eagle drove, Iowa. ....do Toledo National Bank, Toledo, Ohio Jan. 21,1890 National Exchange Bank, Kansas City, Mo Jan. 28,1890 National Bank, New Castle, Ky Feb. 4,1890 Plymouth National Bauk, Plymouth, Mich Feb. 25,1890 First National Bank, Lockport, N. Y Feb. 28,1890 Merchants' National Bank, Amsterdam, Mar. 15,1890 N.Y National Bank of Texas, Galveston, Tex. Mar. 19,1890 Mar. 27,1890 Bowie National Bank, Bowie, Tex.* First National Bank, Union Springs,N. Y. Mar. 31,1890 Apr. 18,1890 Ferris National Bank, Swan ton, Vt First National Bank, Kock Island, 111.... Apr. 19,1890 First National Bank, Ketchum, Idaho ... Apr. 28,1890 Winchester National Bank, Winchester, Apr. 29,1890 Ky Apr. 30,1890 First National Bank, Harper, Kans First National Bank, Loup City, Nebr... June 21,1890 June 24,1890 American National Bank, Waco, Tex Hamilton County National Bank, Webster City, Iowa June 30,1890 Planters' National Bank, Henderson, Ky. . . . . d o Wakefield National Bank, Wakefield, R.I. July 1,1890 Jewell County National Bank, Mankato, Kans July 2,1890 Aug. 5,1890 Citizens' National Bank, Flint, Mich National Village Bank, Bowdoinham, Me Aug. 28,1890 La Fayette National Bank, La Fayette, Ind Aug. 29,1890 Sept. 8,1890 Lincoln National Bank, Stanford, Ky Canastota National Bank, Canastota, N.Y Sept. 25,1890 First National Bank, Whitehall, Mich .. Sept. 30,1890 Meade County National Bank, Meade Center, Kans Oct. 6,1890 Farmers' National Bank, South Charleston, Ohio Oct. 15,1890 First National Bank, Columbus, Ohio... — d o Commercial National Bank, St. Paul, Minn Oct. 27,1890 German American National Bank, Kansas City, Mo Dec. 5,1890 First National Bank, Hill City, Kans Dec. 20,1890 First National Bank, Frankfort, Kans .. Jan. 8,1891 Second National Bank, Owosso, Mich Jan. 13,1891 West Side National Bank, Wichita, Kans. do Anthony National Bank, Anthony, Kans. ....do Commercial National Bank, Itochester, N.Y Jan. 27,1891 Circulation. Capital. Issued. Ketired. Outstanding. $100, 000 100, 000 50, 000 250, 000 50, 000 50, 000 60, 000 50, 000 60, 000 66,000 50, 000 125, 000 50, 000 $49, 809 22, 500 11, 250 195, 680 11, 250 44,900 13, 500 11,250 $25,755 14,120 8,290 102, 930 8,490 16, 832 7,460 7,820 $24,054 8,380 2,960 92, 750 2,760 28, 068 6, 040 3, 430 14, 850 11, 250 78, 220 27, 000 7,915 5,440 55,506 25,210 6,935 5,810 22, 714 1,790 65, 000 100,000 14, 630 22, 500 8,280 12,160 6,350 10, 340 * No circulation. 50,000 11,250 5,930 5,320 100,000 50, 000 50,000 50,000 50,000 50,000 50, 000 50,000 100, 000 32,580 11, 250 11,250 48, 605 11, 250 11,250 30,360 11, 250 35,920 16, 510 5,620 11, 250 23,698 5,740 6,260 13,930 6,190 15, 505 16, 070 5,630 24,907 5,510 4, 990 16,430 5, 06t) 20, 415 200, 000 60,000 45, 000 17, 670 23,120 8,420 21, 880 9,250 50, 000 100, 000 11, 250 28,573 6,365 11,954 4,885 16, 619 100,000 100,000 50,000 50,000 50, 000 100,000 50, 000 32, 680 37,487 20,190 15,057 12, 490 22,430 15,805 11,240 24,654 11,250 7,177 11,240 9,821 5,920 14, 833 5,330 200, 000 50,000 50, 000 250,000 45,000 11, 250 11,250 45,000 22, 850 4,970 5,030 21, 000 22,150 6, 280 6, 220 24, 000 50, 000 150, 000 100, 000 11,250 33, 750 59,249 4,700 10, 040 26,144 6,550 23, 710 33,105 50, 000 125,000 50,0U0 11,250 32, 641 35,748 5,240 11, 710 13, 330 6,010 20,931 22,418 300, 000 200,000 • 64,033 45,000 20,940 13, 950 43, 093 31,050 55,000 50,000 55,927 11,250 28,789 3,380 27,133 7,870 50, 000 11,250 3,560 7,690 50,000 300,000 11,710 220,465 4,790 82, 643 6,920 137, 822 500,000 45,000 14,490 30,510 250,000 50,000 100,000 60,000 100, 000 50,000 45,000 10,750 22,500 13,500 22, 500 10, 750 12,600 3,410 6,422 4,400 0,490 1,920 32,400 7,340 16,078 9,100 16,010 200,000 41,820 11,590 30,230 8, 628 REPORT OF THE COMPTROLLER OF THE CURRENCY. 195 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd. Name and location of bank. Mercantile National Bank, Louisiana, Mo National Bank, El Dorado, Kans First National Bank, Suffolk, Va Citizens'NationalBank, Medicine Lodge, Kans j Rome National Bank, Rome, Ga Windsor National Bank, Windsor, V t . . Beadle County National Bank, Huron, S. Dak American National Bank, Sioux City, Iowa United States National Bank, Atchison, Kans First National Bank, Ashland, Kans Washington National Bank, New York, First National Bank, Burr Oak, Kans... Glenwood National Bank, Glenwood Springs, Colo Mrst National Bank, Cardiff, Tenn East Sagihaw NationalgBank, East Saginaw, Mich Twin City National Bank, New Brighton, Minn Merchants' National Bank, Binghamton, N . T First National Bank, Merced, Cal National Bank of Union County, Morganfield, Ky Citizens' National Bank, Bel ton, Texas.. Citizens' National Bank, Gatesville, Texas Ord National Bank, Ord, Nebr FirntNational Bank, Indianola, Nebr... National Bank, Anderson, S. C First National Bank, Flushing, Mich ... First National Bank, Francestown, N. H. Columbus National Bank, New York, N.Y Total Date of liquidation. Circulation. Capital. Issued. Retired. Outstanding. Jan. 27,1891 Feb. 9,1891 Feb. 12,1891 $50,000 50, 000 50, 000 $11,250 10, 745 11,250 $2,960 3,185 2,940 $8,290 7,560 8,310 Feb. 19,1891 Feb. 23,1891 Feb. 24,1891 50,000 100, 000 50, 000 11,250 22,500 22,500 3,000 6,740 5,820 8,250 15,760 16,680 Feb. 26,1891 50, 000 22,500 Mar. 12,1891 150, 000 33, 750 8,430 25,320 Mar. 24,1891 Apr. 15,1891 250,000 50,000 45, 000 11,250 10,400 2,870 34,600 8,380 Apr. 13,1891 May 15,1891 300, 000 50,000 45,000 11,250 12, 310 2,510 32, 690 8,740 May 23,1891 May 25,1891 100,000 50,000 22, 500 11,250 2,940 1,460 19,560 9,790 June 23,1891 150,000 33,750 2,310 31,440 50,000 11, 250 1,250 10,000 ....do June 25,1891 June 30,1891 ....do July 1,1891 ....do Aug. 22,1891 Aug. 31,1891 Sept. 1,1891 Sept. 21,1891 Oct. 10,1891 Oct. 15,1891 18,540 100, 000 61, 638 11,940 49,698 200,000 100,000 43,400 88,090 5,710 10,845 37,690 77,245 50,000 50,000 50, 000 50, 000 50, 000 50, 000 100,000 10,750 11,250 11,250 11,250 14,050 11,250 61,135 1,490 1,070 823 690 9,770 9,760 10,180 10,427 13, 360 11, 250 61,135 200,000 76,010,010 45,000 41,960,001 38,512, 234 45,000 3,447,767 196 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, A C T J U L Y 12, 1882, W I T H D A T E OF E X P I R A T I O N OF CHARTER, CIRCULATION ISSUED, R E T I R E D , AND O U T - STANDING, SUCCEEDED BY ASSOCIATIONS WITH THE SAME OR DIFFERENT TiTLE, OCTOBER 31, 1891. Name and location of bank. Date of liquidation. Circulation. Capital. $200,000 First National Bank, Kittanning, Pa July 2,1882 National Bank of Beaver County, New 200, 000 Nov. 12,1884 Brighton, Pa 50, 000 National Bank of Beaver Dam, Wis Dec. 24,1884 Merchants' National Bank, Cleveland, 800, 000 Dec. 27 1884 Ohio Dec. 29,1884 1, 000, 000 Union National Bank, Chicago, 111 First National Bank, Le Roy, N. Y Jan. 2,1885 150,000 Evansville National Bank, Evansville, 800,000 Jan. 3,1885 Ind National Albany Exchange Bank, Al300,000 bany, N. Y Jan. 10,1885 100,000 National Bank of Galena, 111 Jan. 11,1885 300,000 National State Bank, La Fayette, Ind... Jan. 16,1885 60,000 First National Bank, Knoxyille, 111 ....do 100,000 Fanners' National Bank, Ripley, Ohio .. Jan. 17,1885 300, 000 City National Bank, Grand Rapids, Mich. Jan. 21,1885 100,000 Lee County National Bank, Dixon, 111... .-..do Fort Wayne National Bank, Fort Wayne, Ind 350, 000 Jan. 25,1885 National Exchange Bank, Tiffin, Ohio ... Mar. 1,1885 125, 000 National Bank of Malone, N. Y 200,000 Mar. 9,1885 Jefferson National Bank, Steubenville, Ohio 150, 000 Mar. 21,1885 First National Bank, Battle Creek, Mich. Mar. 28,1885 100, 000 Central National Bank, Danville, Ky 200, 000 ....do Knox County National Bank, Mount Vernon, Ohio 75, 000 Apr. 1,1885 First National Bank, Houghton, Mich... Apr. 18,1885 100, 000 National Bank of Fort Edward, N. Y 100, 000 Apr. 22,1885 National Bank of Salem, N. Y 100, 000 May 4,1885 National Exchange Bank, Seneca Falls, May 6,1885 100, 000 NY Trnmbull National Bank, Warren, Ohio. July 5,1885 150, 000 Attleborough National Bank, North Attleborough, Mass July 17,1885 100,000 American National Bank, Detroit, Mich. July 24,1885 400,000 First National Bank, Paris, 111 Aug. 12,1885 125, 000 First National Bank, St. Johns, Mich Aug. 14,1885 50,000 Second National Bank, Pontiac, Mich Sept. 1,1885 100, 000 Raleigh National Bank of North Carolina, Raleigh, N. C 400, 000 Sept. 5,1885 First National Bank, Danville, Ky 150, 000 Sept. 22,1885 Ohio National Bank, Cleveland, Ohio 400, 000 Jan. 1,1889 National Bank of Lebanon, Ky 100, 000 Apr. 7,1889 Monmouth National Bank, Monniouth, 111 Aug. 18,1890 100,000 Muskegon National Bank, Muskegon, Mich *.... Aug. 27,1890 100,000 First National Bank, Richmond, Ky Oct. 3,1890 250,000 First National Bank, Port Huron, Mich . Oct. 15,1890 135,000 Union National Bank, Oshkosh, Wis Jan. 23,1891 200, 000 First National Bank, Grand Haven, Mich. June 5,1891 200,000 Total 9,020,000 Issued. Retired. Outstanding. $199,500 $188,510 10,990 97, 300 41,100 87,232 38,329 10, 068 2,771 228,100 62,800 135,000 197,838 46, 800 122,940 30,262 16,000 12,060 543,050 467,069 75,981 243, 900 55,900 117, 000 43,600 87,400 45,000 41, 500 222,700 49,330 97,870 40,160 77,359 39,763 37,446 21,200 6,570 19,130 3,440 10,041 5,237 4,054 257,300 50, 500 65,900 229,280 42,717 56,476 28, 020 7,783 9,424 132,600 89, 200 180,000 118,112 78,670 157, 004 14,488 10, 530 22, 996 53, 200 45,000 88, 900 86,100 46,497 38, 219 78,586 78,306 6,703 6,781 10, 314 7,794 88,400 132,400 81, 594 114,700 6,806 17, 700 84, 300 251,500 111, 500 21,000 43,000 76, 208 223, 495 96, 032 17, 910 38,163 8,092 28,005 15,468 3,090 4,837 123,900 130, 500 57, 763 45,000 102, 633 111, 055 37,155 30,504 21, 267 19, 445 20, 608 14,496 21,800 6,177 15, 623 21,720 66,979 57,480 45,000 45,000 7,825 32,187 20, 255 10, 430 9,112 13,895 34,712 37,225 34,570 35,888 4,337, 092 3,652, 648 !4,444 REPORT OF THE COMPTROLLER OF THE CURRENCY. 197 NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES OF THE UNITED STATES, FOR THE PURPOSE OF ORGANIZING NEW ASSOCIATIONS WITH THE SAME OR DIFFERENT TITLE, WITH DATE OF LIQUIDATION, AMOUNT OF CAPITAL, CIRCULATION ISSUED, RETIRED, AND OUTSTANDING ON OCTOBER 31, 1891. Name and location of bank. Date of liquidation. First National Bank, Rondout, N. Y Oct. 30, 1880 First National Bank, Huntingdon, Ind... Jan. 31, 1881 First National Bank, Indianapolis, Ind.. July 5, 1881 First National Bank, Valparaiso, Ind Apr. 24, 1882 First National Bank, Still water, Minn... Apr. 29,1882 First National Bank, Chicago, 111 do First National Bank, Woodstock, 111 . . . . Apr. 30, "1882* Second National Bank, Cincinnati, Ohio . Apr. 28,1882 Second National Bank, New York, N. Y . do .. First National Bank, Portsmouth, N. H.. Apr. 29, 1882" First National Bank, Richmond, Ind May 5, 1882 Second National Bank, Cleveland, Ohio.. May 6, 1882 First National Bank, New Haven, Conn. d First National Bank. Akron, Ohio May 2,1882 First National Bank, Worcester, Mass .. May 4,1882 First National Bank, Barre, Mass May 9,1882 First National Bank, Davenport, Iowa .. . . . . d o First National Bank, Kendallville, Ind .. May 12,1882 First National Bank, Cleveland, Ohio May 13,1882 First National Bank, Youngstown, Ohio. May 15,1882 First National Bank, Evansville, Ind .do First National Bank, Salem, Ohio .do First National Bank, Scranton, Pa May 18,1882 First National Bank, Centre ville, Ind ... ....do First National Bank, Fort Wayne, Ind .. May 22,1882 First National Bank, Strasburg, Pa do First National Bank, Marietta, Pa May 27,1882 First National Bank, LaFayette, Ind May 31,1882 First National Bank, McConnels ville, Ohio .do . . . . First National Bank, Milwaukee, Wis... . . . . d o Second National Bank, Akron, Ohio ....do First National Bank, Ann Arbor, Mich.. June 1,1882 First National Bank, Geneva, Ohio ....do First National Bank, Oberlin, Ohio ....do First National Bank, Philadelphia, Pa .. June 10,1882 First National Bank, Troy, Ohio . .do . Third National Bank, Cincinnati, Ohio.. June 14,1882 First National Bank, Cambridge City, Ind June 15,1882 First National Bank, Lyons, Iowa ...do First National Bank, Detroit, Mich June 17,1882 First National Bank, Wilkes Barre, Pa.. June 20,1882 First National Bank, Iowa City, Iowa... June 24,1882 First National Bank, Nashua, N. H ..do First National Bank, Johnstown, Pa ....do First National Bank, Pittsburg, Pa June 29,1882 First National Bank, Terre Haute, Ind.. do First National Bank, Hollidaysburg, Pa. June 30,1882 First National Bank, Bath, Me ....do First National Bank, Janesville, Wis... . . . . d o First National Bank, Michigan City, Ind. ....do First National Bank, Monmouth, 111 July 3,1882 First National Bank, Marion, Iowa July 11,1882 First National Bank, Marlboro, Mass ... Aug. 3,1882 National Bank of Stanford, Ky Oct. 3,1882 First National Bank, Sandusky, Ohio Oct. 6,1882 First National Bank, Sandy Hill, N. Y.. Dec. 31,1882 First National Bank, Lawrence burg, Ind. Feb. 24,1883 First National Bank, Cambridge, Ohio.. ....do First National Bank, Oshkosh, Wis ....do First National Bank, Grand Rapids, Mich ..do . First National Bank, Delphos, Ohio ..do . First National Bank, Freeport, 111 ..do . First National Bank, Elyria, Ohio ..do. First National Bank, Troy, N. Y ..do . Second National Bank, Detroit, Mich ... ..do . Second National Bank, Peoria, 111 ..do . National Fort Plain Bank, Fort Plain, N. Y ....do Logansport National Bank, Logansport, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dec. 1,1883 Circulation. Capital. Issued. Retired. Outstanding. $300, 000 100, 000 300, 000 50, 000 130, 000 1,000, 000 50, 000 200,000 300,000 300, 000 200, 000 1,000, 000 500, 000 100,000 300, 000 150, 000 100, 000 150, 000 300, 000 500, 000 500, 000 50, 000 200,000 50, 000 300,000 100,000 100,000 150, 000 $270, COO 90, 000 279,248 45, 000 83, 456 90,000 45, 000 180, 000 376, 890 286,000 87,400 510,800. 355, 310 114, 822 252, 000 135, 000 45,000 90,000 266, 462 441, 529 442, 870 , 110,540 45, 000 64, 525 45,000 79, 200 99, 000 175, 060 $257, 248 50, 000 200,000 100,000 100, 000 100, 000 50, 000 1, 000, 000 200,000 800,000 84, 640 229,170 102, 706 85, 078 90, 000 58, 382 799, 800 180,000 609, 500 79, 790 218,372 97, 684 80,340 84,340 54,108 744,870 171,683 576,590 4,850 10,798 5,022 4, 738 5,660 4, 274 54, 930 8, 317 32,910 50, 000 100,000 500, 000 375,000 100, 000 100,000 60, 000 750, 000 200, 000 50,000 200, 000 125, 000 100, 000 75, 000 50,000 200, 000 150, 000 150, 000 50, 000 100,000 100, 000 100,000 45,000 90, 000 336,345 337,500 88,400 90, 000 54,000 594,000 141, 575 45,000 180, 000 121, 050 45, 000 45, 000 45, 000 180,000 135, 000 90, 000 45, 000 90, 000 80,800 47,800 41, 719 84,178 324, 568 318,945 84,935 84, 239 51,105 566,415 132,408 43,125 170, 519 115, 340 43,882 43,124 42,924 171,960 129, 358 83,985 42, 275 85, 660 76, 388 45, 510 3,281 5,822 11,777 18, 555 3,465 5,761 2,895 27,585 9,167 1,875 9,481 5,710 1,118 1,876 2,076 8,040 5,642 6,015 2,725 4,340 4,412 2,290 400,000 50,000 100, 000 100, 000 300, 000 1,000, 000 100,000 155,900 45,000 53, 500 90,000 229, 550 363,700 90, 000 149, 340 41,741 50, 888 85, 207 217, 835 339,945 81, 098 6,560 3,259 2,612 4,793 11,715 23,755 8,902 174, 300 165, 211 16,850 14,970 200,000 100,000 260, 669 43,100 80, 674 81,702 43, 210 169, 755 360, 680 271, 888 80, 398 482, 580 341,645 107,161 242, 201 128, 239 41,518 85,853 236, 200 425, 897 419,350 105,195 40,240 60, 921 39, 415 65, 397 93, 435 164, 323 $12, 752 3,220 18,579 1,900 2,782 8,298 1,790 10, 245 16, 210 14,112 7,002 28, 220 13, 665 7,661 9,799 6,761 3,482 4,147 30,262 15, 632 23, 520 5,345 4,760 3,604 5,585 3, 803 5,565 10, 737 198 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PRO- VISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC,—Cont'd. Circulation. Name and location of bank. Date of liquidation. National Bank of Birmingham, Ala First National Bank, Westfield, N. Y . . . First National Bank, Independence, Iowa First National Bank, Sturgis, Mich National Bank of Rutland, Vt Kent National Bank, Chestertown, Md .. National Fulton County Bank, Gloversville, N. Y First National Bank, Centralia, 111 National Exchange Bank, Albion, Mich . First National Bank, Paris, Mo First National Bank, Yakima, Wash First National Bank, Flint, Mich Farmers' National Bank, Stanford, K y . . . Adams National Bank, Adams, N. Y Poland National Bank, Poland, N. Y Sandy River National Bank, Farmington Me Second National Bank, Aurora, 111 May 14,1884 June 1,1884 $50,000 50,000 $45,000 42,800 $42,907 38,772 $2,093 4,028 Oct. Dec. Jan. Feb. 31,1884 31,1884 13,1885 12,1885 100,000 50,000 500,000 50,000 90,000 43,850 238,700 18,200 83,260 40,865 213, 597 16,120 6,740 2,985 25,103 2,080 Feb. 20,1885 Feb. 25,1885 Feb. 28,1885 Mar. 31,1885 June 20,1885 June 30,1885 Doc. 31,1888 July 10,1889 Jan. 14,1890 150,000 80,000 75,000 100,000 50,000 200,000 200,000 50,000 50,000 135,000 70, 600 30,600 89,155 14,650 122,500 45,000 12,240 13,500 123,275 63*230 27,083 80, 554 13, 520 107, 905 26, 974 7,680 8,120 11,725 7,370 3,517 8,601 1,130 14,595 18,026 4,560 5,380 Nov. 1,1890 July 13,1891 75,000 100, 000 58,260 22,500 13,602 1,780 44, 658 20, 720 820,721 Total Capital. 18,045,000 Issued. Retired. 12, 582, 213 11,761,492 Outstanding. EEPOET OP THE COMPTROLLER OP THE CURRENCY. 199 NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JULY 12, 1882, WITH DATE OF EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND OUTSTANDING ON OCTOBER 31, 1891. Name and location of bank. Date of liquidation. First National Bank, Pontiac, Mich Dec. 31,1881 First National Bank, Washington, Iowa. Apr. 11,1882 First National Bank, Fremont, Ohio May 22,1882 Second National Bank, Dayton, Ohio May 26, 1882 First National Bank, Girard, Pa June 1,1882 First National Bank, Xenia, Ohio Feb. 24,1883 First National Bank, Peru, HI ....do First National Bank, Elmira, N. Y ....do First National Bank, Chittenango, N.Y.. . . . d o First National Bank, Eaton, Ohio July 4,1884 First National Bank, Leominster, Mass.. July 5,1884 First National Bank, Winona, Minn July 21,1884 American National Bank, Hallowell, Me. Sept. 10,1884 First National Bank, Attica, Ind Oct. 28,1884 Citizens' National Bank, Indianapolis, Ind Nov. 11,1884 First National Bank, North East, Pa Dec. 23,1884 First National Bank, Galva, Dll Jan. 2,1885 First National Bank, Thorn town, Ind... Jan. 13,1885 Muncie National Bank, Muncie, Ind Jan. 28,1885 Merchants' National Bank, Evansville, Ind Feb. 6,1885 Say brook National Bank, Essex, Conn... Feb. 20,1885 Union National Bank, Albaay, N. Y Mar. 7,1885 Battenkill National Bank, Manchester, Yt Mar. 21,1885 First National Bank, Owosso, Mich Apr. 14,1885 Coventry National Bank, Anthony, R. I.. Apr. 17,1885 State National Bank, Keokuk, Iowa May 23,1885 Tolland County National Bank, Tolland, Conn June 6,1885 City National Bank, Hartford, Conn June 9,1885 "West River National Bank, Jamaica, Yt. Aug. 17,1885 National Bank of Lebanon, Tenn Aug. 30,1886 Greene County National Bank, Springfield, Mo 7.. Feb. 8,1888 Union Stock Yards National Bank, Chicago, 111 Feb. 29,1888 First National Bank, Decatur, Mich Sept. 20,1890 Oct. 28,1890 First National Bank, Mason, Mich Oct. 31,1890 First National Bank, Holly, Mich German National Bank, Evansville, Ind. Dec. 24,1890 Farmers and Merchants' National Bank, Jan. 10,1891 Yandalia,Ill Mar. 2,1891 National Bank of Chester, S. C Total. Circulation. Capital. Issued. Retired. Outstanding $50,000 100,000 100,000 300,000 100,000 120,000 100, 000 100,000 150,000 50,000 300, 000 50, 000 75,000 56,000 $88, 890 88, 565 90, 000 262,941 90,000 108,000 45, 000 90, 000 135,000 44,300 244,400 44, 200 67,500 50,400 $84,238 84, 383 84,883 247, 640 85,965 101,870 41,012 85,020 129,974 39, 765 229, 320 41,586 62, 205 47,078 $4,652 4,182 5,117 15,301 4,035 6,130 300,000 50, 000 50,000 50,000 200,000 87, 800 24, 550 36, 000 43, 740 161,000 73,949 22, 230 32,444 39,630 146,028 13,851 2,320 3,556 4,110 14,972 250, 000 100,000 250,000 90, 800 61,200 144,400 77,437 56,490 133,815 13,363 4,710 10,585 75, 000 60,000 100, 000 150, 000 57,700 47, 700 89,000 45,000 51,971 43, 750 80, 643 37,815 5,729 3,950 8,357 7,185 100, 000 550,000 60,000 50,000 44,100 90,000 54, 000 24,550 39, 327 75,767 48,978 20,010 4,778 14,233 5,022 4,540 4,S 5,026 4,535 15, 080 2,614 5,295 100,000 22,500 15,794 6,706 500,000 50,000 50,000 60,000 250,000 45,000 11,250 13, 500 24,950 32,789 3,643 4, 215 7,833 12,810 12,211 7,607 9,285 17,117 85,220 100,000 100,000 22,500 33, 250 5,410 9,290 17, 090 23,960 5,256,000 2,821, 716 2,437,007 384,709 200 REPORT OF THE COMPTROLLER OF THE CFRREXCY. NATIONAL BANKS THAT HAVE BTCEN JM.ACKD IN THE H A N D S OF R E C E I V E R S , AT D A T E OF F A I L U R E , CAUSE OF F A I U ' H E , J>I\ IDEXDS PAID WHILE, SOLVENT, R E D E E M CIRCULATION, THE AMOUNT R E D E E M E D , AND THE AMOUNT OUTSTANDING Total dividends paid during existence as a national banking association. Organization. Name and location of bank. Charter number. First National Bank, Attica, N. Y Yenango National Bank, Franklin, Merchants' National Bank, Washington, D. C. First National Bank, Medina, N. Y .. Tennessee National Bank, Memphis, Tenn. First National Bank, Selma, Ala First National Bank, New Orleans, La. National Unadilla Bank, Unadilla, N.Y. Farmers and Citizens' National Bank, Brooklyn, N. Y. Croton National Bank, New York, N.Y. First National Bank, Bethel, Conn First National Bank, Keokuk, Iowa .. National Bank of Vicksburg, Miss ... First National Bank, Rockford, 111... First National Bank of Nevada, Austin, Nev. Ocean National Bank, New York, N.Y. Union Square National Bank, New York, N.Y. Eighth National Bank, New York, N.Y. Fourth National Bank, Philadelphia, Pa. Waverly National Bank, Waverly, First National Bank, Fort Smith, Ark Scandinavian National Bank, Chicago, ni. Wallkill National Bank, Middletown N.Y. Crescent City National Bank, New Orleans, La. Atlantic National Bank, New York, N.Y. First National Bank, Washington, D.C. * National Bank of the Commonwealth, New York,N.Y. Merchants' National Bank, Petersburg, Va. First National Bank, Petersburg, Ya.. First National Bank, Mansfield, Ohio . New Orleans National Banking Association, New Orleans, La. First National Bank, Carlisle, Pa.... First National Bank, Anderson, Ind. First National Bank, Topeka, Kans . First National Bank, Norfolk, Va Gibson County National Bank, Princeton, Ind. First National Bank of Utah, Salt Lake City, Utah. Cook County National Bank, Chicago, First National Bank, Tiffin, Ohio . . . . Charlottesville National Bank, Charlottesville, Va. Miners' National Bank, Georgetown, Colo. Fourth National Bank, Chicago.111.*. Date. Capital. 199 Jan. 14,1864 1176 M a y 20,1865 $50, 000 300,000 627 Dec. 14,1864 200,000 Surplus. 229 1225 Feb. 3,1864 June 5,1865 50,000 100,000 1537 162 Aug. 24,1865 Dec. 18,1863 100,000 $1, 780 500,000 1463 July 17,1865 150,000 1223 June 5,1865 300,000 1556 Sept. 9,1865 200,000 1141 80 803 429 15331 May Sept. Feb. May June 60,000 50, 000 50, 000 50, 000 155,000 15,1865 9,1863 14,1865 20,1864 23,1865 Amount. 2,236 465 1232 June 6,1865 1,000,000 1691 Mar. 13,1869 250, 000 $7, 500 421,052 42.1 140,000 56 384 Apr. 16,1864 250,000 286 Feb. 26,1864 100,000 1192 May 29,1865 106,100 1631 Feb. 6,3866 1978 May 7,1872 50,000 250,000 18,000 9,424 24, 403 1473 July 21,1865 175,000 103,250 1937 Feb. 15,1872 500,000 25,000 5 1388 July 1,1865 300, 000 59,472 183, 000 61 59 26 July 16,1863 500,000 805,000 161 1372 J u l y 1,1865 750,000 429, 250 57. 1548 Sept. 1,1865 140,000 134, 200 95.9 1378 J u l y 1,1865 436 May 24,1864 1825 May 27,1871 120,000 100,000 600,000 97,770 81.5 102, 666 102.6 108,000 18 42,000 84 31,150 62. 46,000 92 90, 500 90.5 6,000 12' 125,000 125 53, 333 17.8 108,279 108.2 149,245 149.2 29,1863 31,1863 23,1866 23,1864 30,1872 50,000 50,000 50,000 100,000 50,000 1695 Nov. 15,1869 100,000 1845 July 8,1871 300,000 900 Mar. 16,1865 1468 J u l y 19,1865 100,000 • 103,000 2199 Oct. 30,1874 150,000 4,500 276 Feb. 24,1864 100,000 First National Bank, Bedford, Iowa . 2298 Sept. 18,1875 50,000 * Formerly in voluntary liquidation. 184,008 Per cent. 21 44 1660 271 2066 June July Aug. Feb. Nov. 184 REPORT OF THE COMPTROLLER OF THE CURRENCY. 201 TOGETHER WITH THEIR CAPITAL AND SURPLUS AT DATE OF ORGANIZATION AND CIRCULATION ISSUED, LAWFUL MONEY DEPOSITED WITH THE TREASURER TO ON OCTOBER 31, 1891. Circulation. Failures. Lawful money deposited. Capital. Surplus. Cause Receiver apof pointed. failure. Issued. Redeemed. Outstanding. $44, 000 85,000 $44, 000 85,000 $43,757 84,779 $243 221 1 2 TJ 180,000 180, 000 179, 364 636 3 $50,000 300, 000 Apr. 14,1865 May 1, I860 W 200,000 May 8,1866 u 50,000 100,000 $2,288 20, 435 Mar. 13,1867 Mar. 21,1867 T V 40,000 90,000 40, 000 90,000 39,756 89, 718 244 282 4 5 100,000 500,000 4,788 37,903 Apr. 30,1867 May 20,1867 B Q 85, 000 180,000 85, 000 180,000 84, 581 178,846 419 1,154 6 7 Aug. 20,1867 w 100, 000 100,000 99,790 210 8 Sept. 6,1867 TJ 253,900 253,900 252,796 1,104 9 Oct. 1,1867 Gr 180,000 180,000 179,661 339 10 120,000 300, 000 32,000 200,000 60, 000 100,000 50, 000 50,000 250, 000 4,610 20, 000 5,000 1,400 5,580 Feb. 28,1868 Mar. 3,1868 Apr. 24,1868 Mar. 15,1869 Oct. 14,1869 % B U 26, 300 90, 000 25, 500 45. 000 129,700 26, 300 90, 000 25,500 45, 000 129,700 26,135 89, 654 25,433 44,708 128,702 165 346 67 292 998 11 12 13 14 15 1,000, 000 200,000 150,000 Dec. 13,1871 Dec. 15,1871 V TJ 800, 000 50,000 800, 000 50,000 792, 557 49, 730 7,443 270 16 17 18 250,000 40,000 . . . . d o F 243, 393 243, 393 240,995 2,398 200,000 33,905 Dec. 20,1871 TJ 179,000 179,000 177, 710 1,290 19 106,100 27,139 Apr. 23,1872 TJ 71,000 71,000 70,080 920 20 50, 000 250,000 2,509 May 2,1872 Dec 12 1872 V JJ 45,000 135, 000 45, 000 135,000 44,525 134, 638 475 362 21 22 175,000 17,000 Dec. 31,1872 B 118,900 118,900 117,674 1,226 23 500,000 3,045 Mar. 18,1873 M 450,000 450,000 447,730 2,270 24 300,000 56,000 Apr. 28,1873 A 100, 000 100,000 98, 815 1,185 25 500,000 108,000 Sept. 19,1873 M 450,000 450, 000 442,319 7,681 26 750,000 56,027 Sept. 22,1873 V 234,000 234,000 231,229 2,771 27 400,000 18,302 Sept. 25,1873 n 360,000 360,000 356,100 3,900 28 200,000 100, 000 600,000 do 11,801 16,000 Oct. 18,1873 14,161 Oct. 23,1873 R P W 179,200 90,000 360,00D 179,200 90,000 360,000 176, 720 88,873 2,480 1,127 29 30 50,000 50,000 100,000 100,000 50,000 25,000 Oct. 24,1873 23,839 Nov. 23.1873 7,000 Dec. 16,1873 8,000 J u n e 3,1874 1,000 Nov. 28,1874 TJ Y P G X 45, 000 45,000 90,000 95,000 43, 800 45,000 45,000 90, 000 95,000 43,800 355,000 44, 395 44,150 88, 833 93,510 „ 43,460 5,000 605 850 1,167 1,490 340 31 32 33 34 35 36 150,000 18,719 Dec. 10,1874 Y 118,191 118,191 117,103 1,088 37 500,000 80,000 Feb. 1,1875 Y 285,100 285,100 283,053 2,047 38 100,000 200,000 20,000 22,254 Oct. 22,1875 Oct. 28,1875 E 45,000 146,585 45,000 146,585 43,909 144, 255 1,091 2,330 39 40 45,000 45,000 44,610 390 41 85,700 27,000 82,776 26,570 2,924 430 42 43 TT 150,000 200,000 30,000 968 J a n . 24,1876 Feb. ...do 1,1876 U Y Y N 85, 700 27,000 202 REPORT OF THE COMPTROLLER OF THE CURRENCY,, NATIONAL BANKS THAT HAVE BEEN PLACED IN THE HANDS OF RECEIVERS, Total dividends paid during existence as a national banking association. Organisation Name and location of bank. Charter num ber. Date. Capital. Surplus. $50,000 First National Bank, Osceola, Iowa... 1776 Jan. 26,1871 50, 000 First National Bank, Duluth, Minn... 1954 Apr. 6,1872 First National Bank, La Crosse, Wis.. 1313 June 20,18G5 50,000 250,000 City National Bank, Chicago, 111 818 Feb. 18,1865 75, 000 Watkins National Bank, Watkins, N.Y 456 June 2,1864 50,000 First National Bank, Wichita, Kans .. 1913 Jan. 2,1872 First National Bank, Greenfield, Ohio*. 101 Oct. 7,1863 50,000 200,000 $36, 205 National Bank of Fishkill, N. Y 971 Apr. 1,1865 60,000 First National Bank, Franklin, Ind... 50 Aug. 5,1863 67,000 2,976 Northumberland County National 689 Jan. 9,1865 Bank, Shamokin, Pa. 50,000 First National Bank, Winchester, HI.. 1484 July 25,1865 50, 000 National Exchange Bank, Minneapolis, 719 Jan. 16,1865 Minn. National Bank of the State of Missouri, 1665 Oct. 30,1866 3, 410, 300 St. Louis, Mo. 100,000 1949 Mar. 25,1872 First National Bank, Delphi, Ind 50, 000 FirstNationalBank, Georgetown, Colo 1991 May 31,1872 120, 000 15, 000 Lock Haven National Bank, Lock 1273 June 14,1865 Haven, Pa. 120,000 236 Feb. 5,1864 Third National Bank, Chicago, HI 200,000 Central National Bank, Chicago, 111... 2047 Sept. 18,1872 100,000 1,000 First National Bank, Kansas City, Mo 1612 Nov. 23,1865 100,000 7,214 Commercial National Bank, Kansas 1995 June 3,1872 City, Mo. 60, 000 First National Bank, Ashland, Pa.*... 403 Apr. 27,1864 50, 000 First National Bank, Tarry town, N. Y 3(34 Apr. 5,1864 100, 000 FirstNationalBank, Allentown,Pa.*. 161 Dec. 16,1863 100, 000 First Nation al Bank, Waynesbu rg, Pa.* 305 Mar. 5,1864 200,000 Washington County National Bank, 12d6 June 13,1865 Greenwich, N. Y. 2157 July 16,1874 100,000 First National Bank, Dallas, Tex 100,000 People's National Bank, Helena, Mont. 2105 May 13,1873 50, 000 First National Bank, Bozeman, Mont.. 2027 Aug. 14,1872 Merchants' National Bank, Fort Scott, 1927 Jan. 20,1872 50, 000 Kans.* Farmers' National Bank, Platte City, 2356 May 5,1877 50,000 Mo. First National Bank, Warrensburg, 1856 July 31,1871 50,000 Mo. 2,000 German-American National Bank, 2358 May 14,1877 130,000 Washington, D. C. 250, 000 German National Bank, Chicago, HI. *. 1734 Nov. 15,1870 Commercial National Bank, Saratoga 1227 June 6,1865 100,000 11, 872 Springs, N. Y. 100,000 Second National Bank, Scranton, Pa. *. 49 Aug. 5,1863 1200 May 31,1865 100,000 National Bank of Poultney, Vt 50,000 First National Bank, Monticello, Ind. 2208 Dec. 3,1874 50,000 309 Mar. 11,1864 First National Bank, Butler, Pa 70,000 First National Bank, Meadville, P a . . . 115 Oct. 27,1863 125,000 52 Aug. 7,1863 First National Bank, Newark, N. J 100,000 First National Bank, Brattleboro, Vt . 470 June 30,1864 500,000 251, 802 Mechanics' National Bank, Newark. 1251 J u n e 9,1865 N.J. 100,000 First National Bank, Buffalo, N. Y.... 235 Feb. 5,1864 250,000 Pacific National Bank, Boston, Mass.. 2373 Nov. 9,1877 First National Bank of Union Mills, 50,000 Oct. 23,1863 110 Union City, Pa. 200,000 Vermont National Bank, St. Albans, Oct. 11,1865 1583 Vt. 60,000 Mar. 19,1879 First National Bank, Leadville, Colo.. 100,000 City National Bank, Lawrenceburg, 2420 Feb. 24,1883 Ind.* 100,000 First National Bank, St. Albans, Vt... Feb. 20,1864 75,000 First National Bank, Monmouth, HI .. 2751 J u l y 7,1882 Marine National Bank, New York, 1215 J u n e 3,1865 400,000 N.Y. Hot Springs National Bamk, Hot 2887 Feb. 17,1883 50,000 2,000 Springs, Ark. Richmond National Bank. Richmond, 2090 Mar. 5,1873 270, 000 Ind. * Formerly in voluntary liquidation. Amount. Per cent. 46.1 $23,500 50 25,000 63 31,500 73 182, 500 85,450 113.9 73.9 36, 975 80, 300 160.6 71.5 143,000 222, 319 370.1 670,000 1.000 71,750 124,000 143.5 248 45,000 45 153, 600 1, 035, 000 38, 000 540,500 25,000 862.5 19 540.5 25 187,131 132,250 311.9 264.5 86, 692 205, 940 102.9 45, 750 10, 000 20, 000 34,731 45.7 10 40 4,000 8 57,750 115.5 113,000 113 392,125 92,000 7,400 139,000 248, 400 605, 250 387, 000 1,198, 000 392.1 92 14.8 278 354.8 484. 387 239.6 287,500 75,000 91,955 287.5 30 183.9 000 93 63, 000 3,000 105 3 197,000 15,000 197 20 164.9 186, 659,643 3,000 274,000 6 101.5 REPORT OF THE COMPTROLLER OF THE CURRENCY. 203 TOGETHER WITH THEIR CAPITAL AND SURPLUS, ETC.—Continued. Circulation. Failures. Lawful money desosited. Capital. Receiver appointed. Surplus. Cause of failure Issued. Redeemed. Outstanding. $50,000 100,000 50,000 250,000 75, 000 60,000 50, 000 200,000 132,000 67,000 $810,000 Feb. 25,1876 Mar. 13,1876 25, 000 Apr. 11,1876 130,000 May 17,1876 3,000 July 12,1876 12,000 Sept. 23,1876 10,000 Dec. 12,1876 30, 000 Jan. 27,1877 28,538 Feb. 13,1877 Mar. 12,1877 V P P V G B U B B M $45,000 45,000 45,000 137,209 67,500 43,200 29,662 177, 200 92,092 60,300 $45,000 45,000 45, 000 137,209 67, 500 43,200 29,662 177,200 92, 092 60, 300 $44,453 44,458 44,113 135, 620 65,744 42, 600 28,586 173,618 89, 532 58, 910 $547 542 887 1,589 1,756 600 1,076 3,582 2,560 1,390 44 45 46 47 48 49 50 51 52 53 50, 000 100,000 17,135 Mar. 16,1877 20,000 May 24,1877 W M 45, 000 90,000 45,000 90,000 44,061 87,905 939 2,095 54 55 2, 500,000 248,775 June 23,1877 O 1,693, 660 1, 693, 660 1, 672,116 21,544 56 50, 000 75,000 120,000 20,000 July 20,1877 65,000 Aug. 18,1877 8,000 Aug. 20,1877 w IT V 45, 000 45,000 71,200 45,000 45,000 71,200 44,039 44,345 69,253 961 655 1,947 57 58 59 ' 750,000 200,000 500, 000 100, 000 200,000 10,000 25,000 6,392 Nov. 24,1877 Dec. 1,1877 Feb. 11,1878 ...do V V X Y 597, 840 45, 000 44,940 44,500 597,840 45,000 44,940 44, 500 575,905 44,113 41,960 43,245 112,500 100, 000 250,000 100, 000 200,000 19,000 Feb. 28,1878 25,000 Mar. 23,1878 220,000 Apr. 15,1878 May 15,1878 24,000 June 8,1878 V Y N Y P 75,554 89, 200 78, 641 69, 345 114,220 75,554 89,200 78,641 69,345 114,220 71,943 86,485 74,939 68,515 111, 238 3,611 2,715 3,702 830 2,982 64 65 66 67 68 ...do Sept. 13,1878 Sept. 14,1878 Sept. 25,1878 Y * 29,800 89, 300 44,400 35,328 29,800 89,300 44,400 35,328 29,175 87, 981 43,625 34, 533 625 1,319 775 795 69 70 71 72 50, 000 Oct. 1,1878 N 27,000 27,000 26, 650 350 73 100,000 10,600 Nov. 1,1878 X 45,000 45,000 43,910 1,090 74 75 50,000 100,000 50, 000 50,000 130,000 5,000 8,000 7,000 13,500 2,000 . . . . d o 500,000 100,000 125,000 Dec. 20,1878 40,476 Feb. 11,1879 200,000 100, 000 50,000 50,000 100,000 300,000 300, 000 500,000 70,000 4,000 2,000 10,600 20,000 62, 584 67,000 400,000 Mar. 15,1879 Apr. 7,1879 July 18,1879 July 23,1879 June 9,1880 June 14,1880 June 19,1880 Nov. 2,1881 21, 935 60 887 61 2,980 62 1,255 63 P 62, 500 62, 500 61,975 525 B X X X N E R F N C 42,795 86, 900 42, 795 86,900 38,250 84,725 91,465 90,000 27,000 71,165 89, 500 326,643 90,000 449,900 91,465 90,000 27,000 71,165 89,500 326,643 90,000 449,900 86,883 87,197 26,380 67,000 85,461 312,797 83,653 425,163 76 77 4,582 78 2,803 79 620 80 4,165 81 4,039 82 13, 846 83 6,347 84 24,737 85 4,545 2,175 100,000 961,300 50,000 50,000 Apr. 22,1882 May 22,1882 13,455 Mar. 24,1883 P s s 99,500 450,000 43,000 99,500 450,000 43,000 95,825 442,966 41,105 3,675 7,034 1,895 86 87 88 200,000 25,000 Aug. 9,1883 Y 65,200 65,200 59,653 5,547 89 90 91 92 93 94 60,000 100,000 15,000 Jan. 24,1884 Mar. 11,1884 B 53,000 77,000 53,000 77,000 51,285 74,130 1,715 2,870 100,000 75, 000 400,000 40,000 Apr. 22,1884 15,000 do 225,000 May 13,1884 P B T 89,980. 27,000 260,100 89,980 27,000 260,100 83,898 24,870 246,140 6,082 2,130 13, 960 50,000 180 June 2,1884 E 40,850 40,850 36, 730 4,120 95 250,000 33,000 July 23,1884 H 158,900 158,900 142,826 16,074 96 204 REPORT OF THE COMPTROLLER OF THE CURRENCY, NATIONAL BANKS THAT HAVE BEEN PLACED IN THE HANDS OF RECEIVERS, Total dividends paid during existence as a national bank- Organization. tion. Name and location of bank. Date. 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 329 130 131 132 133 134 135 136 137 138 139 140 141 142 143 First National Bank, Livingston, Mont. First National Bank, Albion, N. Y..., First National Bank, Jamestown, N. Dak. Logan National Bank, West Liberty, Ohio. Middletown National Bank, Middletown, N. T. Farmers' National Bank, Buahnell, 111. Schoharie County National Bank, Schoharie/N.T. Exchange National Bank, Norfolk, Va. First National Bank, Lake City, Minn. Lancaster National Bank, Clinton, Mass. First National Bank, Sioux Falls, S. Dak. First National Bank, Wahpeton, N. Dak. First National Bank, Angelica, N.T. City National Bank, Williarasport, Pa. Ab'mgton National Bank, Abingtou, Mass.* First National Bank, Blair, Nebr First National Bank, Pine Bluff. Ark. Palatka National Bank, Palatka, Fla. Fidelity National Bank, Cincinnati, Ohio. Henrietta National Bank, Henrietta, Tex. National Bank of Sumter, S. C First National Bank, Datsville. N. T . First National Bank, Corry, Pa Stafford National Bank, Stafford Springs, Conn. Fifth National Bank, St. Louis, Mo.. Metropolitan National Bank, Cincinnati, Ohio. First National Bank, Auburn, N. Y.. Commercial National Bank, Dubuque, Iowa. State National Bank, Raleigh, N. C... Second National Bank, Xenia, Ohio.. Madison National Bank, Madison, S. Dak. Lowell National Bank, Lowell, Mich.. California National Bank, San Francisco, Cal. First National Bank, Anoka, Minn ... National Bank of Shelbyville, Tenn.. First National Bank, Sheffield, Ala . . Third National Bank, Malone, N. Y.. First National Bank, Abilene, Kans.. Harper National Bank, Harper, Kans.. Gloucester City National B a n k , Gloucester City, N. J. ! Park National Bank, Chicago, HI State National Bank, "Wellington, i Kans. Kingman National Bank, Kingman. Kans. First National Bank, Alma, Kans First National Bank, Belleville,Kans First National Bank, Meade Center, Kans. American National Bank, Arkansas City, Kan«. Capital. Surplus. Per Amount. cent. 3006 July 16,1883 $50,000 166 Dec. 22,1863 Oct. 25,1881 50,000 50, 000 $170,500 May 50,000 4,000 2578 2942 1276 1791 1510 1137 1740 583 2465 7,1883 June 14,1865 Feb. 18,1871 Aug. 200.000 $23,128 50,000 341 8 356,000 178 38,500 77 9,1865 100,000 May 13,1865 100,000 337, 500 Nov. 29,1870 50,000 90,142 180.2 Nov. 22,1864 200,000 285,000 142.5 Mar. 15,1880 50,000 10,000 20 Feb. 50, 000 12, 000 2,1882 2624 564 2139 1386 Nov. 3,1864 I Mar. 17,1874 July 1,1865 2724 2776 June 7,1882 Sept. 18,1882 3266 3461 Nov. 20,1884 50, 000 ,Feb. 27,1886 1, 000,000 3022 Aug. 8,1883 Nov. 26,1883 75 Sept. 4,1863 6,1864 605 Dec. Jan. 7,1865 32,894 100, 000 100, 000 150,000 15,000 50, 000 50, 000 337.5 24 186, 000 38, 500 307, 382 186 38.5 204.9 23,000 46 2,784 12,250 24.5 50, 000 50, 000 100, 000 150, 000 10, 000 13, 500 75,825 168, 500 306, 000 27 151.6 168.5 204 50, 000 2835 2542 Dec. 12,1882 July 12,1881 200,000 500,000 75,000 215,000 37.5 1801 Feb. 4,1864 Mar. 11,1871 100, 000 100, 000 266,000 146,806 266 146.8 1682 277 3597 June 17,1868 Feb. 24,1864 Dec. 7,1886 100,000 60,000 50,000 278,000 5,000 463.3 10 1280 3592 June 14,1865 Oct. 20,1886 50,000 200,000 159,494 318.9 2800 2198 3617 3366 2427 3431 Sept. 14,1882 Oct. 29,1874 Jan. 14,1887 July 15,1885 J u n e 23,1879 Jan. 6,1886 Oct. 26,1888 50, 000 50,000 100,000 50,000 50,000 50,000 50,000 18,000 81,625 36 163.2 2,000 75, 350 10,000 4 150.6 20 3502 3564 May 11,1886 Oct. 1,1886 200,000 50,000 24,000 5,000 12 10 3559 Sept. 16,1886 75,000 20, 500 27.3 3769 3386 Aug. 3,1887 Aug. 28,1885 M a y 5,1887 50,000 50,000 50,000 14,000 17,500 8,857 28 35 17.7 Mar. 15,1889 100,000 28,000 28 •Restored to solvency. 1,000 REPORT OF THE COMPTROLLER OF THE CURRENCY. 205 TOGETHER WITH THEIR CAPITAL AND SURPLUS, ETC.—Continued. Failures. Circulation. Lawful money deposited. Capital. Receiver appointed. Surplus. Cause of failure. Issued. Redeemed. Outstanding. Aug. 25,1884 X $11,240 $11,240 $10,915 $325 97 100, 000 50,000 $20,000 12,500 Aug. 26,1884 Sept. 13,1884 B E 90,000 18,650 90,000 18, 650 86,298 18,087 3, 702 573 98 99 50,000 1,000 Oct. 18,1884 P 23,400 23,400 21,900 1,500 100 149, 000 176,000 149,009 26, 991 101 44, 000 44,000 41,444 2,556 102 4,190 103 $50, 000 200, 000 40,000 Nov. 29,1884 I 50,000 7,500 Dec. 17,1884 L 50,000 15,000 Mar. 23,1885 B 38, 350 38,350 34,160 300, 000 150,000 Apr. 9,1885 O 228, 200 228,200 205,642 22, 548 104 50, 000 10, 000 Jan. 4,1886 E 44,420 44,420 41,029 3,391 100,000 20,000 Jan. 20,1886 B 72, 360 72, 360 62,948 9,412 106 50,000 30,447 Mar. 11,1886 J 10,740 10, 740 9,560 1,180 107 Apr. 105 50,000 4,000 J 17,120 17,120 15, 340 1,780 108 100, 000 100, 000 150 000 Xl/V) \J\J\J 20,100 12, 500 25, 300 Apr. 19,1886 May 4,1886 Aug. 2,1886 A D 89,000 43,140 25,425 89, 000 43,140 25,425 78,240 34, 340 25,425 10,760 8,800 109 110 111 50, 000 50,000 11,000 20,000 Sept. 8,1886 Nov. 20,1886 U V 26,180 26, 280 26,180 26, 280 24,405 24, 560 1,775 1,720 112 113 J u n e 3,1887 50, 000 J u n e 27,1887 V B 19,210 90, 000 19, 210 90, 000 17,145 79,947 2,065 10,053 114 115 50, 000 1, 000, 000 8,1886 50, 000 8,000 Aug. 17,1887 K 11,250 11,250 10,170 1,080 116 50, 000 50, 000 100, 000 200, 000 10,000 15,000 10,183 24,000 Aug. 24,1887 Sept. 8,1887 Oct. 11,1887 Oct. 17,1887 11, 250 15, 730 73,829 139,048 11,250 15, 730 73,829 139, 048 8,780 12,885 57, 326 112,886 2,470 2,845 16, 503 26,162 117 118 119 120 300, 000 1,000,000 30, 000 180,000 Nov, 15,1887 Feb. 10,1888 44,430 277, 745 44,430 277,745 35,460 211, 270 8,970 66,475 121 122 150,000 100, 000 20,000 Feb. 20,1888 Apr. 2,1888 A B Y B F V R Y 44,400 62,170 44,400 62,170 28,099 52, 683 16,301 9,487 123 124 100, 000 150' 000 50, 000 14,000 3,000 Apr. 11,1888 May 9,1888 J u n e 23,1888 22,500 48,470 11,250 22,500 48,470 11, 250 16,115 33, 875 9,630 6,385 14,595 1,620 125 126 127 50,000 200,000 10,000 10,000 Sept. 19,1888 J a n . 14,1889 24, 870 45,000 24,870 45,000 18,970 32,020 5,900 12,980 128 129 50,000 50,000 100,000 50^ 000 100,000 50, 000 50, 000 4,300 25, 000 Apr. Dec. Dec. Dec. Jan. Feb. June 11,250 16,710 22,500 10, 750 21,240 10, 750 11,250 8,135 12,170 6,080 11, 760 5,590 6,020 11, 250 8,575 10,330 4,670 9,480 5,160 5,230 130 131 132 133 134 135 136 200,000 50, 000 21,000 3,915 137 138 100,000 1,000 400 17,600 B Y S w Q 22,1889 13,1889 23,1889 30,1889 21,1890 10,1890 12,1890 W F F F 16, 710 22, 500 10, 750 17,640 10, 750 11,250 J u l y 14,1890 Sept. 25,1890 F W 11,250 45,000 11,250 4,380 45,000 6,870 Oct. 2,1890 X 22, 500 22, 500 8,385 14,115 139 16, 875 11,250 10,750 16,875 11,250 10,750 6, 830 4,850 10,045 6,400 6,280 140 141 142 45,000 143 B 75,000 50, 000 50, 000 1,603 5,000 4,000 Nov. 21,1890 Dec. 12,1890 Dec. 24,1890 H 300,000 24,000 Dec. 26,1890 G Gt Y 45,000 • 4,470 206 REPORT OF THE COMPTROLLER OF THE CURRENCY. NATIONAL BANKS THAT HAVE BEEN PLACED LN THE HANDS OF RECEIVERS, Total dividends paid duirng existence as a national banking association. Organization. Name and looation of bank. Charter number. 144 City National Bank, Hastings, Nebr.. 145 People's National Bank, Fayetteville, N. C. 146 Spokane National Bank, S p o k a n e Falls, Wash. 147 First National Bank, Ellsworth, Kans. 148 Second National Bank, McPherson, Kans. 149 Pratt County National Bank, Pratt, Kans. 150 Keystone National Bank, Philadelphia, Pa. 151 Spring Garden National Bank, Philadelphia, Pa. 152 National City Bank, Marshall, M i c h . . 153 Ked Cloud National Bank, Eed Cloud, Nebr. 154 Asbury Park National Bank, Asbury Park, N. J . 155 Ninth National Bank, Dallas, Tex 156 First National Bank, Red Cloud, Nebr. 157 Central Nebraska National B a n k , Broken Bow, Nebr. 158 Florence National Bank, Florence, Ala. 159 First National Bank, Palatka, Fla 160 First National Bank, Kansas City, Kans. 161 Rio Grande National Bank, Laredo, Tex. 162 First National Bank, Clearfield, Pa . . . 163 Farley National Bank, Montgomery, Ala. 164 First National Bank, Cold water, Kans. Total. Date. Capital. 3099 Dec. 27,1883 2003 June 27,1872 $50,000 75,000 3838 Jan. 24,1888 60,000 3249 Sept. 11,1884 3791 Sept. 16,1887 50. 000 50,000 Surplus. Amount. $44,547 89.1 182, 500 243.3 54,500 109 8,500 17 3787 Sept. 8,1887 50, 000 2291 July 30,1875 200,000 122,730 61.4 3468 Mar. 13,1886 500,000 122,198 24.4 2023 July 29,1872 3181 May 10,1884 100, 000 50, 000 162, 500 162.5 23,275 46.5 3792 Sept. 17,1887 100, 000 4415 Sept. 12,1890 2811 Nov. 8,1882 3927 Sept. 28,1888 300,000 50,000 60, 000 18, 000 57,250 114.5 8,400 14 4135 Oct. 3,1889 3223 July 15,1884 3706 May 17,1887 50,000 50, 000 100,000 50,000 100 25,000 25 4146 Oct. 28,1889 100,000 768 Jan. 30,1865 4180 Dec. 18,1889 100,000 100, 000 3703 M a y 9,1887 52,000 209, 000 209 2,080 25,530,400 $185,690 17,772,012 A Defalcation of officers. B Defalcation of officers and fraudulent management. C Defalcation of offieers and excessive loans to others. D Defalcation of officers and depreciation of securities. E Depreciation of securities. F Excessive loans to others, injudicious banking, and depreciation of securities. Gr Excessive loans to officers and directors and depreciation of securities. H Excessive loans to officers and directors and investments in real estate and mortgages* I Excessive loans to others and depreciation of securities. J Excessive loans to others and investments in real estate and mortgages. K Excessive loans and failure of large debtors. %, Excessive loans to officers and directors. Per cent. 69.6 REPORT OF THE COMPTROLLER OF THE CURRENCY. 207 TOGETHER WITH THEIR CAPITAL AND SURPLUS, ETC.—Continued. Circulation. Failures. Lawful money deposited. Capital. Cause Receiver of appointed. failure, Surplus. Jan. 14,1891 Jan. 20,1891 $100,000 125,000 100,000 25,000 Feb. 3,1891 50,000 50,000 10,000 7,500 Feb. 11,1891 Mar. 25,1891 Issued. J R $22, 500 28,800 F Q H 10 750 llj250 $22, 500 28,800 Redeemed. Outstanding. $6,250 9,385 21, 700 10,750 11,250 2,770 2.720 $16, 250 144 19,415 145 21,700 146 7,980 8,530 147 148 50,000 3,000 Apr. 7,1891 500,000 100,000 May 9,1891 750,000 132,500 100, 000 75,000 20, 000 3,000 May 21,1891 June 22,1891 July 1,1891 100, 000 3,500 July 2,1891 20,700 20,700 154 300,000 75,000 60, 000 4,000 July 16,1891 9,000 4, 600' July 21,1891 45,000 16, 225 13, 500 45,000 16,225 13. 500 155 156 157 July 23,1891 Aug. 7,1891 Aug. 17,1891 12, 900 33,750 33,750 100,000 150,000 150,000 500 23, 600 10,500 100,000 Oct. 100, 000 100,000 46, 000 Oct. 7,1891 8,000 . . . . d o 52,000 30,620,900 O Q D V 3,1891 S V 790 Oct. 14,1891 4,635,746 11,250 11,250 149 41,180 41,180 150 45,000 45,000 151 44,000 16,875 44,000 16,875 152 153 100 161 22, 500 22,500 85, 340 22, 500 85,340 162 22, 500 163 11,200 15, 579,940 12, 900 158 33, 650 159 33,750 160 16,209,160 11, 200 14, 881, 939 164 1,327,221 M Failure of large debtors. N Fraudulent management. O Fraudulent management, excessive loans to officers and directors, and depreciation of securities. P Fraudulent management and depreciation of securities. Q Fraudulent management and injudicious banking. R Fraudulent management, defalcation of officers, and depreciation of securities. S Fraudulent management, injudicious banking, investments in real estate and mortgages, and depreciation of securities. T Fraudulent management, excessive loans to officers and directors, and excessive loans to others. U Injudicious banking. V Injudicious banking and depreciation of securities. WInjudicious banking and failure of large debtors. X Investments in real estate and mortgages and depreciation of securities. 208 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF R E TEM, W I T H AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, AMOUNTS COLLECTASSETS, E X P E N S E S OF R E C E I V E R S H I P , CLAIMS PIIOVED, D I V I D E N D S P A I D , AND Name and location of bank. First National Bank, Attica, N. Y Venango National Bank, Franklin, Pa Merchants' National Bank, Washington, D. C First National Bank, Medina, N. Y Tennessee National Bank, Memphis, Tenn First National Bank, Selma, Ala First National Bank, New Orleans, La National Unadilla Bank, Unadilla, N. Y Farmers and Citizens' National Bank, Brooklyn, N. Y. Croton National Bank, New York, N. Y First National Bank, Bethel, Conn First National Bank, Keokuk, Iowa National Bank of Vicksburg, Miss First National Bank, Rockford, 111 First National Bank of Nevada, Austin, Nev Ocean National Bank, New York, N. rY Union Square National Bank, New Y ork, N. Y Eighth National Bank, New Y ork, N. Y Fourth National Bank, Philadelphia, Pa Waverly National Bank, Waverly, N. Y First National Bank, Fort Smith, Ark Scandinavian National Bank, Chicago, 111 Wallkill National Bank, Middletown, N. Y Crescent City National Bank, New Orleans, La Atlantic National Bank, New York, N. Y First National Bank, Washington, D. C 1 National Bank of the Commonwealth, New York, N. Y Merchants' National Bank, Petersburg, Va First National Bank, Petersburg, Va ; First National Bank, Mansfield, Ohio New Orleans National Banking Association, New Orleans, La. First National Bank, Carlisle, Pa First National Bank, Anderson, Ind First National Bank, Topeka, Kans First National Bank, Norfolk, Va Gibson County National Bank, Princeton, Ind First National Bank of Utah, Salt Lake City, Utah Cook County National Bank, Chicago, 111 First National Bank, Tiffin, Ohio Charlottesville National Bank, Charlottesville, Va Miners' National Bank, Georgetown, Colo Fourth National Bank, Chicago, 111. * First National Bank, Bedford, Iowa First National Bank, Osceola, Iowa First National Bank, Duluth, Minn First National Bank, La Crosse, Wis City National Bank, Chicago, 111 Watkins National Bank, Watkins, X. Y First National Bank, Wichita, Kans First National Bank, Greenfield, Ohio * National Bank of Fishkill, N. Y First National Bank, Franklin, Ind Northumberland County National Bank. Shamokin, Pa. First National Bank, "Winchester, 111 National Exchange Bank, Minneapolis, Minn National Bank oi the State of Missouri, St. Louis, Mo . First National Bank, Delphi, Ind First National Bank, Georgetown, Colo Lock Haven National Bank, Lock Haven, Pa Third National Bank, Chicago, 111 Central National Bank, Chicago, 111 First National Bank, Kansas City, Mo , Commercial National Bank, Kansas City, Mo First National Bank, Ashland, Pa. * First National Bank, Tarry town, N. ¥ First National Bank, Allentown, Pa. * First National Bank, Waynesburg, Pa. * Washington County National Bank, Greenwich, N. Y .. First National Bank, Dallas, Tex , 70 Peoples' National Bank, Helena, Mont Date of organization Capital stock. Jan. 14,1864 May 20,1865 Dec. 14,1864 Feb. 3,1864 June 5,1865 Aug. 24,1865 Dec. 18,1863 July 17,1865 June 5,1865 Sept. 9,1865 May 15,1865 Sept. 9,1863 Feb. 14,1865 May 20,1864 June 23,1865 June 6,1865 Mar. 30,1869 Apr. 6,1864 Feb. 26,1864 May 29,1865 Feb. 6,1866 May 7,1872 July 21,1865 Feb. 15,1872 July 1,1865 July 16,1863 July 1,1865 Sept. 1,1865 July 1,1865 May 24,1864 May 27,1871 $50, 000 Apr. 14,1865 300,000 M a y 1,1866 200, 000 M a y 8,1866 50, 000 M a r . 13,1867 100,000 M a r . 21,1867 100,000 Apr. 30,1867 500, 000 M a y 20,1867 120, 000 A u g . 20,1867 300, 000 Sept. 6,1867 200, 000 Oct. 1,1867 60, 000 Feb. 28,1868 100, 000 M a r . 3,1868 50, 000 Apr. 24,1868 50, 000 M a r . 15,1869 250, 000 Oct. 14,1869 1, 000, 000 Dec. 13,1871 200, 000 Dec. 15,1871 250, 000 ....do 200, 000 Dec. 20,1871 106,100 Apr. 23,1872 50, 000 M a y 2,1872 250,000 Dec.-12,1872 175, 000 Dec. 31,1872 • 500, 000 Mar. 18,1873 300, 000 Apr. 28,1873 500, 000 Sept. 19,1873 750, 000 Sept. 22,1873 400,000 Sept, 25,1873 200,000 do 100, 000 Oct. 18,1873 600,000 Oct. 23,1873 July 7,1863 July 31,1863 Aug. 23,1866 Feb. 23,1864 Nov. 30,1872 Nov. 15,1869 July 8,1871 Mar. 16,1865 July 19,1865 Oct. 30,1874 Feb. 24,1864 Sept. 18,1875 Jan. 26,1871 Apr. 6,1872 June 20,1865 Feb. 18,1865 June 2,1864 Jan. 2,1872 Oct. 7,1863 Apr. 1,1865 Aug. 5,1863 Jan. 9,1865 July 25i 1865 Jan. 16,1865 Oct. 30,1866 Mar. 25,1872 May 31,1872 June 14,1865 Feb. 5,1864 Sept. 18,1872 Nov. 23,1865 June 3,1872 Apr. 27,1864 Apr. 5,1864 Dec. 16,1863 Mar. 5,1864 June 30,1865 July 16,1874 May 13,1873 50,000 50,000 100, 000 100,000 50,000 150,000 500, 000 100, 000 200, 000 150, 000 200,000 30,000 50, 000 100,000 50, 000 250, 000 75, 000 60,000 50, 000 200,000 132, 000 67, 000 50,000 100,000 2,500,000 50,000 75,000 120, 000 750,000 200, 000 500, 000 100, 000 112, 500 100,000 250, 000 100, 000 200,000 50, 000 100,000 Receiver appointed. Oct. 24,1873 Nov. 23,1873 Dec. 16,1873 J u n e 3,1874 Nov. 28,1874 Dec. 10,1874 Feb. 1,1875 Oct. 22,1875 Oct. 28,1875 Jan. 24,1876 Feb. 1,1876 do Feb. 26,1876 Mar. 13,1876 Apr. 11,1876 May 17,1876 July 12,1876 Sept. 23,1876 Dec. 12,1876 Jan. 27,1877 Feb. 13,1877 Mar. 12.1877 Mar. 16,1877 May 24,1877 J u n e 23,1877 J u l y 20,1877 Aug. 18,1877 Aug. 20,1877 Nov. 24,1877 Dec. 1,1877 Feb. 11,1878 ....do Feb. 28,1878 Mar. 23,1878 Apr. 15,1878 May 15,1878 J u n e 8,1878 ....do Sept. 13,1878 * Formerly in volun- REPORT OF THR COMPTROLLER OF THE CURRENCY. 209 CEIVER AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL BANKING SYSED FROM ALL SOURCES, LOANS PAID AND OTHER DISBURSEMENTS, LOSSES ON REMAINING ASSETS RETURNED TO STOCKHOLDERS. Nominal assets at date of suspension Additional assets resince Estimated Estimated Estimated ceived date of good. doubtful. worthless. suspension $50, 823 83, 713 18, 424 50,000 116, 422 853,148 36, 748 1,175, 656 255, 235 39, 486 98, 240 21, 584 7,000 129, 721 1,867, 641 364, 973 229, 617 653, 658 86,493 15, 800 100,000 127, 769 379, 020 336, 833 1,000, 000 1,435,113 342, 260 100, 000 94,483 300, 000 28,077 50, 000 25, 000 77, 723 51, 296 6,300 619,836 140,000 169, 520 20, 000 ' 27,123 29, 752 74, 376 18,093 35,000 453,037 86,014 59,226 194, 665 86,492 67, 246 67,541 135,231 935, 999 175, 254 34,368 220,481 1, 330,215 157,438 1,118,118 52, 349 107, 318 100, 994 19,879 $28, 053 57, 029 860,929 2,029 395, 412 96, 556 276,400 69, 857 121,683 144, 903 4,809 79, 652 49, 959 811 497, 292 736,997 40, 000 14,174 100, 000 50, 000 110,450 58,852 1, 277, 690 473, 372 252, 250 50, 000 173, 378 100,000 55, 386 80, 000 85, 000 56, 350 32, Oil 204, 600 1, 250,163 120, 000 105, 218 190, 069 131, 227 26,858 19, 938 118, 300 25, 000 478, 917 44,582 18, 387 57, 675 262,909 58,188 112, 026 66, 025 90, 704 2, 818, 966 6,250 52, 627 150, 650 631, 797 161,441 313, 726 74, 724 41, 584 132,445 15, 869 27,894 311,324 36,245 48,149 32, 559 95, 251 tary liquidation. 11167- -14 $115, 538 818,154 101, 072 78, 415 701,116 86, 856 272r757 65, 361 83, 839 125, 057 22, 569 91,412 942, 283 91,355 165,442 37,494 25, 000 168,100 25, 000 148, 920 283, 550 453, 593 321,722 79, 409 7, 954 376,870 29, 267 103, 057 78,857 80, 297 29,055 3,274 151,439 63, 620 257, 655 65, 802 9,359 5,737 35,855 65, 097 85, 805 9,105. 67, 531 51,403 200,909 25, 941 79,101 124,371 633,744 6,596 629,113 24,990 330, 704 170,712 405, 000 51,175 19,070 153,467 185, 220 42, 284 236, 971 67, 423 166,151 $13, 692 27, 741 5,400 26, 579 57, 732 156, 575 19, 449 121, 017 21, 572 12, 212 13,426 Total assets. 32, 517 6,537 24, 866 25,102 168,603 128, 337 215, 724 404,431 103,609 43, 225 21, 095 654,185 $208,106 986, 637 860, 929 126,925 471, 991 349,125 1, 987, 239 212, 910 1, 691,113 487, 071 140, 337 316, 375 94,112 38,182 760, 661 2,934, 756 468, 223 1,181,465 653, 658 196, 504 61, 511 392,966 227, 871 806,993 807, 572 2,493,414 2, 766, 509 1,019, 841 272, 634 296,910 lr431,055 2, 574 99, 927 14,241 3, 542 12,816 15, 258 678, 349 18,439 30, 696 27, 287 3,084 9,635 15,162 13,816 44, 815 86, 248 21, 738 3,681 376 49,441 24, 217 14, 770 14, 270 18,411 433, 400 13, 478 30, 398 34, 350 352, 382 16, 680 19, 817 6,723 8,859 20, 289 2,171 1,861 13, 749 4,305 67,942 115, 304 332, 984 203, 098 217,912 125,178 229,432 2, 699,787 342, 059 563,089 237,356 227,236 75, 604 115,213 186,064 169, 912 1,104, 007 161,439 148,825 58,051 558, 418 369,806 219, 983 226.937 368,717 4,822,109 201, 578 746,506 430, 471 2,645,098 506, 271 1,856, 661 184,971 176,831 274, 750 339,715 60, 014 589.938 156,122 361,903 30, 371 42, 236 124, 832 11, 895 49,409 Loss on Nominal assets comvalue Offsets pounded or of assets allowed and sold under returned to settled. stockorder of holders. court. $18, 661 69,445 6,845 58, 645 55, 342 30, 641 1,570 33,454 4,608 274 317, 742 285, 736 101, 719 38, 911 303, 504 15, 780 6,211 30, 378 8,949 98,460 280, 955 368, 992 103, 842 3,225 5,735 8,964 7,068 10, 410 26, 951 2,191 3,595 2,869 452, 953 60, 447 24,882 8,761 2,100 3,510 3,043 1,139 4,296 48,381 3,151 17,409 13,192 60,311 8,487 6,537 21, 498 166,831 62, 774 36, 598 41,324 59, 323 7,245 1,482, 725 22,962 16, 072 164, 949 20,608 714 18,541 30, 088 12,492 $114, 236 796.197 686, 665 93,638 380, 383 179, 894 929, 289 132,806 400,503 187, 586 70,122 123,409 57,938 219,750 1,254,358 $89,855 379,794 56, 011 37, 629 224, 703 22,084 285, 346 161,013 765, 356 589, 213 616, 642 146, 764 182, 231 715,584 51, 294 167, 702 118,083 55, 917 54,332 196,231 1,948,095 84, 709 58, 715 186, 254 6,266 49, 929 33, 363 111, 780 85,019 470, 908 * 18,635 67, 345 44,344 223, 375 203, 792 99, 588 117,173 139,309 1, 771, 699 1,310 606,580 143,664 310, 813 79,038 22,559 67, 396 "53," 473* 36,957 34, 259 112,818 268, 000 47,239 6,972 106, 292 32, 372 * 279," 987 210 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF RE SYSTEM^ WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, Name and location of bank. First National Bank, Bozeman, Mont Aug. 14,1872 Merchants' National Bank, Fort Scott, Kans.* Jan. 20,1872 Farmers' National Bank, Platte City, Mo May 5,1877 First National Bank, Warrensburgi Mo. July 31,1871 German-American National Bank, Washington, D. C .. May 14,1877 Nov. 15,1870 German National Bank, Chicago, HI.* June 6,1865 Commercial National Bank, Saratoga Springs, N. Y Aug. 5,1863 Second National Bank, Scranton, Pa.* May 31,1865 National Bank of Poultney, Yt Dec. 3,1874 First National Bank, Monticello, Irid. First National Bank, Butler, Pa | Mar. 1L1864 ! First National Bank, Meadville, Pa Oct. 27,1863 First National Bank, Newark, N. J ! Aug, 7,1863 First National Bank, Brattleboro, Vt | June 30,1864 Mechanics' National Bank, Newark, N. J ' June 9, ] 865 First National Bank, Buffalo, N. Y I Feb. 5,1864 Pacific National Bank, Boston, Mass . First National Bank of Union Mills, Union City, P a . . . Oct. 23,1863 Yermont National Bank, St. Albans, Yt Oct. 11,1865 First National Bank, Leadville, Colo Mar. 19,1879 City National Bank, Lawrenceburg, Ind.* Feb. 24,1883 Feb. 20,1864 First National Bank, St. Albans, Yt First National Bank, Monmouth, HI \ July 7,1882 Marine National Bank, New York, N. Y ! June 3,1865 Hot Springs National Bank, Hot Springs, Ark | Feb. 17,1883 Richmond National Bank, Richmond, Ind Mar. 5,1873 First National Bank, Livingston, Mont July 16,1883 First National Bank, Albion, N. Y Dec. 22,1863 First National Bank, Jamestown, N. Dak Oct. 25, 1881 Logan National Bank, West Liberty, Ohio May 7,1883 Middletown National Bank, Middletown, N. Y June 14,1865 Fanners' National Bank, Bushnell, 111 Feb. 18,1871 Schoharie County National Bank, Schoharie, N. Y Aug. 9,1865 Exchange National Bank, Norfolk, Ya May 13,1865 First National Bank, Lake City, Minn Nov. 29.1870 Lancaster National Bank, Clinton, Mass Nov. 22,1864 First National Bank, Sioux Falls, S. Dak I Mar. 15,1880 First National Bank, Wahpeton, N. Dak | Feb. 2,1882 First National Bank, Angelica, N. Y I Nov. 3,1864 /-iji-r. "vr^ii T» 1_ vrriii: -r>_ vr •» rt -i onA City NationalT Bank, William sport,J. Pa Abmgton National Bank, Abington, Mass.* July l', 1865 First National Bank, Blair, Nebr June 7,1882 First National Bank, Pine Bluff, Ark Sept. 18,1882 Palatka National Bank, Palatka, Fla Nov. 20,1884 Fidelity National Bank, Cincinnati, Ohio Feb. 27,1886 Henrietta National Bank, Henrietta, Texas Aug. 8,1883 National Bank <5f Sumter, S. C ^ Nov. 26,1883 First National Bank, Dansville, N. Y Sept. 4,1863 First National Bank, Corry, Pa Dec. 6,1864 Stafford National Bank, Stafford Springs, Conn Jan. 7,1865 Fifth National Bank, St. Louis, Mo Dec. 6,1882 Metropolitan National Bank, Cincinnati, Ohio June 23,1881 First National Bank, Auburn, N. Y Jan. 13,1864 Commercial National Bank, Dubuque, Iowa Mar. 4,1871 State National Bank, Raleigh, N. C June 2,1868 Second National Bank, Xenia, Ohio Jan. 1,1864 Madison National Bank, Madison, S. Dak Nov. 29.1886 Lowell National Bank, Lowell, Mich June 14,1865 California National Bank, San Francisco, Cal Oct. 20,1886 First National Bank, Anoka, Minn Sept. 14,1882 National Bank of Shelbyville, Tenn Oct. 29,1874 First National Bank, Sheffield, Ala Jan. 14,1887 Third National Bank, Malone, N. Y J u l y 15,1885 First National Bank, Abilene, Kans June 23,1879 Harper National Bank, Harper, Kans Jan. 6,1886 Gloucester City National Bank, Gloucester City, N. J . Oct. 26,1888 Park National Bank, Chicago, 111 May 11,1886 State National Bank, Wellington, Kans Oct. 1,1886 Kingman National Bank, Kingman, Kans Sept. 16,1886 First National Bank, Alma, Kans Aug. 3,1887 First National Bank, Belleville, Kans Aug. 28,1885 First National Bank, Meade Center, Kans May 5,1887 American National Bank, Arkansas City, Kans Mar. 15,1889 City National Bank, Hastings, Nebr Doc. 27,1883 ~ 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 Date of organization. - " - - - - - • " - m * Restored to solvency. v # 9 ) 1 8 7 7 Capital stock. $50, 000 50, 000 50,000 100, 000 130,000 500,000 100,000 200,000 100,000 50,000 50,000 •100, 000 300, 000 300, 000 500, 000 100, 000 961, 300 50,000 200, 000 60, 000 100, 000 100,000 75, 000 400, 000 50, 000 250,000 50,000 100,000 50,000 50, 000 200, 000 50, 000 50,000 300, 000 50, 000 100, 000 50, 000 50, 000 100, 000 100, 000 150,000 50,000 50, 000 50, 000 1, 000, 000 50, 000 50,000 50, 000 100, 000 200, 000 300,000 1, 000, 000 150, 000 10t),t)00 100,000 150, 000 50,000 50,000 200, 000 50, 000 50, 000 100,000 50, 000 100, 000 50, 000 50,000 200,000 50,000 100, 000 75, 000 s 50,000 50,000 300,000 100,000 Receiver appointed. Sept. 14,1878 Sept. 25,1878 Oct. 1,1878 Nov. 1,1878 . . . .do Dec. 20,1878 Feb. 11,1879 Mar. 15,1879 Apr. 7,1879 J u l y 18,1879 July 23,1879 June 9,1880 June 14,1880 June 19,1880 Mar. 2,1881 Apr. 22,1882 May 22,1882 Mar. 24,1883 Aug. 9,1883 Jan. 24,1884 Mar. 11,1884 Apr. 22,1884 do May 13,1884 June 2,1884 July 23,1884 Aug. 25,1884 Aug. 26,1884 Sept. 13,1884 Oct. 18,1884 Nov. 29,1884 Dec. 17,1884 Mar. 23,1885 Apr. 9,1885 Jan. 4,1886 Jan. 20,1886 Mar. 11,1886 Apr. 8,1886 Apr. 19,1886 May 4,1886 Aug. 2,1886 Sept. 8,1886 Nov. 20,1886 June 3,1887 June 27,1887 Aug. 17,1887 Aug. 24,1887 Sept. 8,1887 Oct. 11,1887 Oct. 17,1887 Nov. 15,1887 Feb. 10,1888 Feb. 20,1888 Apr. 2,1888 Mar. 31,1888 May 9,1888 June 23,1888 Sept. 19,1888 Jan. 14,1889 Apr. 22,1889 Dec. 13,1889 Dec. 23,1889 Dec. 30,1889 Jan. 21,1890 Feb. 10,1890 J u n e 12,1890 J u l y 14,1890 Sept. 25,1890 Oct. 2,1890 Nov. 21,1890 Dec. 12,1890 D e c 24,1890 Dec. 26,1890 Jan. 14,1891 REPORT OF THE COMPTROLLER OF THE CURRENCY. CEIVER AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued. Nominal assets at date of suspen- Additional assets received since Estimated Estimated Estimated date of good. doubtful. worthless. suspension. S1OI1. $39,010 21, 225 9,561 90, 953 256,286 104, 966 133,169 264, 908 68,078 23,646 12,647 115, 012 418, 951 51, 574 1,114,503 488,892 648, 710 161, 699 124,114 72,197 13, 993 217, 314 172, 940 3,496,495 31, 058 367,109 33,543 55, 763 7,519 60 096 600, 810 13,170 96, 891 1,273, 711 57,487 144, 850 48, 510 20,505 59, 810 154,879 122, 551 235,474 50, 793 15, 646 2,464,079 74,171 66,081 17,449 156, 586 208,243 580,321 1,668,952 268, 961 333, 506 152, 390 181,870 17,136 55, 535 400,003 83,776 1,898 153,262 74,662 38, 896 25,775 6,675 342,921 23,319 11,416 9,233 10,794 6,201 206,303 48,128 $76, 046 15, 543 18, 691 194,457 139, 514 101, 971 167, 503 101,178 97,257 6,734 134, 716 22, 545 64, 041 185,002 65, 526 1,416, 793 46,829 520,917 56,042 14, 500 06, 875 96, 543 816,916 27, 774 72, 356 15, 304 44,446 29, 826 22 695 53^ 692 3,874 39, 593 1, 441, 378 91, 996 138, 707 137, 859 66, 965 28, 459 26, 825 168,164 8,000 82,612 32, 092 915, 577 35,999 8,397 20, 239 119, 869 929,388 787, 598 160, 617 324, 872 176, 652 214, 560 91,153 71,124 61, 519 44,698 98,099 117,240 31,442 92,995 21,224 12,317 256, 395 77,765 101,635 27,273 50,866 42, 808 376,977 59,642 $333 46,588 42, 296 11,578 37, 923 475,052 28,969 104, 858 18,384 4,374 34, 737 12, 863 55, 895 302, 654 78, 286 696, 987 1, 397, 334 16,309 118,618 102,112 2,554 49, 951 9,688 1, 568,940 27,190 171, 319 22, 255 113, 329 29,352 167,075 62, 229 28, 010 938,816 7,291 8,094 3,821 44,909 70, 458 24, 398 5,462 6,834 4,909 8,791 2,494, 511 12, 995 159 37, 572 66, 710 60, 869 61,622 125, 236 510,790 [ 15,112 137, 561 78,496 20,025 1,316 216,704 17,225 44,592 72,568 33,827 81,897 19,674 56,237 142, 551 11,646 64,792 40, 709 22,426 21, 564 55, 732 110,400 $21, 090 1,892 1, 944 33,375 61,147 29,881 17, 085 47, 591 19,560 15,017 27, 503 19,198 41,173 43 895 231,058 36, 524 436, 759 23, 640 20, 232 52, 069 1,599 70,161 32, 854 858,467 6,407 124, 054 867 212, 500 3,312 56, 057 120,368 11, 899 4,809 223, 005 57,994 69, 964 9,663 4,138 7,798 35, 202 21, 633 5,439 6,212 1,790 533,444 25, 696 17, 769 7, 252 29,391 29,177 85,471 7,111 191, 622 28, 814 8,398 69,652 3,803 46,811 94,954 20,853 1,488 7,772 2,379 5,439 3,486 8,034 26.940 8,541 6,753 14,910 1,306 877 60,733 17,149 Total $136,479 85, 248 72,492 330,363 494,870 711, 870 346, 726 518, 535 203, 279 49, 771 209,603 169,618 580, 060 398,123 1, 608, 849 1, 287, 929 3,899, 596 248,477 783, 881 282,420 32, 646 434, 299 312,025 6, 740,818 92,429 734, 838 71, 969 426, 038 70, 009 138, 848 941, 945 91,172 169.303 3, 876,910 214, 768 361, 615 199, 853 136, 517 166, 525 241.304 317,810 255,747 144, 526 48, 319 6, 407, 611 148,861 84, 009 ' 70,670 272,926 418,158 1, 656, 802 2, 588, 897 1,131,990 702, 304 475, 001 544,578 132,117 174,786 773,180 166, 552 146, 077 350,842 142,310 219,227 70,159 83,263 768, 807 121,271 184, 596 92,125 85,392 71,450 699,745 235,319 211 BANKING Nominal Loss on value assets comOffsets pounded of assets or allowed and sold under returned to settled. stockorder of holders. court. $7,700 178 10,947 55,255 165, 846 6,170 17,475 36,737 3,353 8,411 11, 920 3,345 154, 945 4, 902 73,925 172,063 201,268 4,376 19,171 8,971 52 9,888 5,320 904,558 5,381 32, 233 84 42, 269 5 11,140 22,189 3,411 508 188,920 584 18, 883 54,116 1,168 1,284 4,104 3,721 5,645 127 623,116 6,594 883 13,310 8,941 10, 556 164, 276 17, 528 43, 848 70,894 67,849 13,275 2,001 1,840 21,019 2,196 1,416 725 4,923 232 71, 697 751 1,476 275 162 3,901 $20,141 65, 804 8,207 118,507 42,883 521,783 101, 810 203, 982 25,729 64 106, 562 26, 043 86, 953 801 66, 364 57,521 571, 739 89,925 137,014 18, 418 16,017 39,362 1,300 38, 019 31,402 348,492 23,118 144,070 49,155 75, 679 126, 961 350 89, 506 271,121 36, 030 18, 634 106, 872 10, 211 816 76, 659 2,358 76, 736 775,857 1,057 421 23, 697 10,146 561, 946 16, 000 125,009 121,369 220,176 39,557 990 33, 240 128, 879 10,264 2,000 23,719 1,520 1,598 6,813 23, 696 10,108 272 3,000 61 100 72, 754 77, 592 71 72 73 74 75 76 77 78 79 80 81 26,439 302, 654 84 85 86 87 88 89 90 91 92 93 94 18, 517 95 96 97 98 99 100 101 41, 079 102 103 104 65,573 105 106 107 108 77,725 109 70, 715 110 38, 917 111 ' 43,697 112 113 44,068 114 115 *37,'585" 116 117 118 119 133, 585 120 121 "i,"i64,"663' 122 123 124 125 161,275 126 127 "39," 557 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 212 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF RE SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 Name and location of bank. Date of organization. Capital stock. People's National Bank, Fayetteville, N. C Spokane National Bank, Spokane Falls, Wash First National Bank, Ellsworth, Kans Second National Bank, McPherson, Kans Pratt County National Bank, Pratt, Kans Keystone National Bank, Philadelphia, Pa Spring Garden National Bank, Philadelphia, Pa National City Bank, Marshall, Mich Red Cloud National Bank, Red Cloud, Nebr Asbury Park National Bank, Asbury Park, N. J Ninth National Bank, Dallas, Tex First National Bank, Red Cloud, Nebr Central Nebraska National Bank, Broken Bow, Nebr. Florence National Bank, Florence, Ala First National Bank, Palatka, Fla First National Bank, Kansas City, Kans Rio Grande National Bank, Lareao, Tex First National Bank, Clearfield, Pa Farley National Bank, Montgomery, Ala First National Bank, Cold water, Kans June 27,1872 Jan. 24,1888 Sept. 11,1884 Sept. 16,1887 Sept. 8,1887 July 30,1875 Mar. 13,1886 July 29,1872 May 10,1884 Sept. 17,1887 Sept. 12,1890 Nov. 8,1882 Sept. 28,1888 Oct. 3,1889 July 15,1884 May 17,1887 Oct. 28,1889 Jan. 30,1865 Dec. 18,1889 May 9,1887 $125,000 Jan. 20,1891 100, 000 Feb. 3,1891 50,000 Feb. 11,1891 50, 000 Mar. 25,1891 50, 000 Apr. 7,1891 500, 000 May 9,1891 750, 000 May 21,1891 100, 000 June 22,1891 75, 000 July 1,1891 100, 000 July 2,1891 300,000 July 16,1891 75,000 d< 60, 000 July 21,1891 100,000 July 23,1891 150, 000 Aug. 7,1891 150, 000 Aug. 17,1891 100, 000 Oct. 3,1891 100,000 Oct. 7,1891 ] 00, 000 ....do 52, 000 Oct. 14,1891 Total. 30,620,900 Receiver appointed. REPORT OF THE COMPTROLLER OF THE CURRENCY. CEIVER, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL 213 BANKING AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued. Nominal assets at date of suspension. Additional assets received since date of Estimated Estimated Estimated good. doubtful. worthless. suspension. $101,878 314,354 102,952 7,537 24,983 575, 606 280,592 157, 652 33,823 24,089 123, 895 34,040 37, 214 27,436 157, 630 86,050 42,152 74, 758 $24,882 190,090 46,213 85, 858 56,756 996,992 555,430 38,725 118,333 32,015 229,956 41,226 91,674 80,860 214, 991 87,665 27,181 51,564 16,121 50,064 39,018,175 *29,709,708 • $124,504 9,060 43,981 29, 718 17,166 153,913 1,485,688 641 13,635 56, 240 218,928 82,117 9,321 15,460 112,844 118,023 101,848 142,122 19,455 $22,300 70,762 1,873 2,652 863 59,742 73,909 3,479 1,962 20, 398 ' 733 4,408 148 11 559 5,980 Total assets. settled. $7,858 $273, 564 . 63, 565 584,266 2,320 195,019 1,356 125, 765 326 99,768 54,452 1,786,253 106,206 2,395,619 4,198 200,497 1,666 167,753 <-«< 263 132, 742 50 573,512 189 161,791 138,357 123, 767 669 486, 024 3,458 297,658 1 085 171 181 268,444 304,497 85,640 24,785,993 1 9,574,135 |lO3,392,508 Loss on assets comOffsets pounded or allowed and 8,878,996 Nominal value of assets sold under returned to order of stockcourt. holders. 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 $452 889 2,306 23,860,872 $3,187,164 214 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF R E SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, Collected Loans paid Total assessCollected from and other Dividends ment upon collections remaining from assets. disbursefrom all paid. shareassets. ments. sources. holders. Nominal value of 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 fll ?|2 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 6ft 70 $200 80,420 67, 835 291,357 196,790 808, 689 264,092 250,854 $75,209 120,995 174, 264 33,287 91,608 162, 386 999, 305 79,904 1 234 868 268,844 68,645 159,512 31, 566 37 908 223,169 1,394, 662 276, 649 762,760 350,154 124, 713 23,882 162,052 175, 409 512,698 548, 099 1,447,103 1,808,304 299, 357 122, 645 108,944 706, 507 56,942 74,452 58,064 91,969 67,251 30,332 298,739 196,903 188,135 42,341 22,080 22 165 48,488 73,145 80, 597 584,718 86,180 64, 071 13 707 321,851 105,703 111, 908 103,227 207,910 2, 846,622 103,235 103, 328 245,483 1,466,273 155/896 351,377 94,613 47,941 109, 801 51,107 12 061 284,438 19,742 66,185 $1,164 1,245 16,488 4,000 7,500 38, 224 2,125 28, 935 8, 936 348 961 136,172 10 079 42, 795 109, 707 228, 580 5,200 i9,675 11,400 303, 813 2," 250* 37,597 66,535 93, 619 106,451 11,269 1 100 42,212 4,510 58,826 15,552 2,664 122,127 91,930 43,232 8,044 9,540 245,108 47,949 65,132 16,455 54,536 16 447 123,430 16,500 23,622 $76,373 122, 240 190, 752 37,287 91, 608 169, 886 1,037, 529 82,029 Cf 1 234 868 268, 844 97, 580 168,448 31, 566 37, 908 223,169 1, 743, 623 276, 649 898,932 350,154 124, 713 23, 882 172,131 218, 204 622,405 776, 679 1,452,303 1, 808, 304 299,357 142,320 120,344 1,010, 320 56,942 74,452 60, 314 129, 566 67,251 30,332 365,274 196, 903 281, 754 148,792 33,349 23,265 48,488 115, 357 85,107 643,544 86,180 79,623 16 371 443, 978 197, 633 155,140 111, 271 217,450 3,091,730 103, 235 103,328 293,432 1,466,273 221,028 351,377 94, 613 47, 941 126, 256 105,643 28 508 407. 868 36,242 89,807 $275 816 935 507 17,477 7,054 18 655 72, 399 208 -15,507 3,786 2,926 4, 932 203,170 72, 365 596, 665 2,296 1,300 6,248 18,964 35,839 16,393 746,153 20, 315 4,545 3,630 4,350 14," 289* 559 296 56," 921.* 74,896 2,309 445 3,928 3,616 5 385 63,475 1,579 16,773 5,000 520 4,797 8,805 753 658,784 4,059 7,846 197,132 1,791 3,048 1,576 114,220 9,762 $70,811 101, 387 165,769 32, 305 65,335 132, 608 884,429 58, 661 1 138 870 143,307 86,737 134, 929 16,654 29,277 163, 982 1,326,487 175,920 263,065 342, 054 77, 568 15,142 143, 209 175,430 549,427 661,816 1, 374,339 747,428 259,487 125, 667 107, 258 862, 263 46, 634 57,004 31,668 101, 545 62,646 19,002 228,412 108,318 226,308 135,797 18,258 12, 624 34, 536 88, 697 65,783 545,593 60,647 59,121 9,456 388,856 173,512 136,474 89, 715 202, 753 2,165,388 81, 941 73,890 254,647 1,071,774 177,254 316,828 52, 514 33,105 107, 575 79,725 21, 710 262, 887 29, 377 66,810 Receiver's Legal salary and other expenses. expenses. $6," 463* 11,281 1,258 6,182 12,247 43,183 6,673 28 677 17,134 5,315 3,977 1,773 2,705 9,091 76, 648 10,437 9,436 3,085 362 6,037 16,74)0 25, 376 • 27, 330 24, 241 13,637 728 250 1,270 67,569 1,267 4,718 6,075 8,232 1,166 42,067 21,495 3,946 4,731 1,367 2,077 8,804 5,060 13, 802 592 2,200 2,751 25,040 5,146 966 2,082 1,898 79,802 2,690 11, 987 6,668 13,160 12,954 5,444 576 3,974 5,546 11,006 2,315 10,129 825 1,352 $5,562 14, 390 13,427 2,908 19,156 24,524 92,440 9,442 48 666 35, 983 5,320 14, 008 9,353 3,000 45,164 137, 318 16,713 29, 766 8,100 8,264 1,878 21, 564 19, 817 28,638 51,445 37,128 53,287 18,827 11,858 11, 362 76,858 4,691 12,291 8,278 19,230 4,309 10,164 37,874 13,689 31,642 ' 8,604 10,348 9,274 7,935 10,005 8,879 19, 880 13,874 1,529 4,164 25,082 9,716 12,903 10, 669 12,046 161,036 10,919 17,251 24, 271 69,935 14,731 27, 314 1,604 5,013 13,135 13,336 4,483 4,950 6,040 11,883 REPORT OF THE COMPTROLLER OF THE CURRENCY. CEIVER, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL 215 BANKING AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued. Balance in h a n d s of Comptroller or receiver. A m o u n t ret u r n e d to shareholders in cash. A m o u n t of assessment upon shareholders. $50, 000 300, 000 200,000 50, 000 100, 000 500, 000 120,000 $199 26,000 39, 300 100, 000 21 27 400, 000 $1,214 135,000 33,500 6,500 125, 000 52, 500 350, 000 300, 000 300,000 21 249 202 247, 799 400, 000 50,000 100,000 600, 000 454 50, 000 45, 000 100, 000 439 4 500, 000 200,000 150,000 34,000 50,000 12 50 12 4,185 794 75.000 50^ 000 250, 000 9 488 8,739 26, 720 3 626 60, 000 30, 000 140, 000 132, 000 67,000 50, 000 53,000 625,000 200 72,000 114,272 16,089 200, 000 36, 871 5,849 15, 682 35,000 125,000 36,000 160, 000 50,000 100,000 Amount of claims proved. $122, 089 434, 531 669, 513 82,338 376, 392 289,467 1,119, 313 127,801 1,191, 500 170,752 68,986 205, 256 33,870 69, 874 170, 012 1, 282, 254 157,120 378, 722 645, 558 79,864 15,142 254, 901 171,468 657,020 597,885 1, 619, 965 796, 995 992, 636 167,285 175, 081 1, 429, 595 67,292 144, 606 55, 872 176, 601 62 646 93, 021 1,795,992 237,824 376, 756 177 512 35,801 56,457 34, 535 91, 801 135, 952 703, 658 59 226 97,464 35,023 352,062 185, 760 175, 952 140,735 227, 355 1, 935,721 133 112 196, 356 254, 647 1,061, 598 298, 324 392 394 75,175 29, 204 118, 371 90,424 36,109 262, 887 77,104 168,048 Dividends, per cent. 58 23.37 24.70 39.15 17. 333 46.60 79 45.90 96 88.50 100 68.33 49.20 41.90 92.70 100 100 100 100 100 100 57.46 100 84.83 100 100 100 34 76 57.50 62 73.50 39. 50 58.30 57.50 100 24.391 14. 941 66 62.56 76.50 51 22. 50 100 100 48.40 77.512 100 70 27 100 100 81.59 63.60 89.179 100 100 37. 6483 100 100 60 100 100 100 90.50 88 60 100 38.10 40.7285 Interest dividends, per cent. 64 46 30 50 100 1 Finaflv closed. J a n . 2,1867 Feb. 2,1885 May 14 1883 J u l y 28 1870 Feb. 4,1870 Nov. 25,1882 Sept. 28,1882 Dec. 19,1874 Nov. 18,1874 Aug. 15,1872 Apr. 7,1881 Nov. 30,1872 Nov. 25,1882 Dec. 4,1875 May 16,1884 Apr. 20,1882 Nov. 16.1874 Sept. 1,1875 Feb. 13,1872 Oct. 2,1877 Jan. 3,1876 Feb. 15,1886 J a n . 8,1880 J u n e 1,1881 Apr. 29,1884 J u l y 24,1876 Mar. 31,1883 May 1,1876 May 15,1876 Nov. 30,1883 Mar. 21,1887 Dec. 6,1882 Sept. 11,1878 J u n e 2,1883 Sept 18 1876 May 14,1879 Nov. 20,1883 Mar. 19,1879 Apr. 5,1886 J u n e 2,1884 Mar. 4,1886 Mar. 28,1883 Feb. 28,1878 Jan. 31,1881 100 J u l y 20,1882 Feb". 28,1885 May 23,1888 100 J u l y 14,1880 Nov. 25,1882 38.50 Aug. 11,1884 Sept. 14,1881 100 Jan. 13,1883 J u l y 23,1881 J u n e 10,1880 Mar. 26,1888 100 Oct 15,1881 100 Oct. 5,1885 Mar. 3,1882 100 1 2 3 4 5 6 7 8 q 10 11 12 13 14 L5 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3? 33 34 35 37 38 40 41 42 43 44 45 4ft 47 4H 49 5(1 51 5? 53 54 5fi 5fi 58 5fl 61 100 100 J u l y 6,1881 Mar. 9,1882 Aug. 5,1879 J u n e 20,1882 Mar. 9,1885 Sept. 7,1885 J u l y 5,1879 Mar. 24,1885 Feb. 12,1889 64 fifi 6f «7 6? fid 7C 216 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF OKGANZATION, APPOINTMENT OF R E SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, Nominal value of Collected remaining :"rom assets. assets. 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120! 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 $30 065 32 519 160, 448 11 877 101,952 601,750 1,997,306 4,157 412,907 109,416 251,943 45,030 1,640, 291 59,334 26,023 155,259 231,498 1,425,413 78,517 3,300 2,490,553 38,409 103,971 21,005 533,343 286,574 109,762 "ii6,499 78,354 122,670 285, 803 27,140 178,396 49, 612 57,131 229,817 83,800 148,435 82,815 $78, 573 19,266 20,819 156,601 125,693 183,917 157,782 205,062 96, 605 29,419 91,121 113,791 338,162 89, 766 1,366,608 456,595 1,129,283 150,019 214,78§ 145, 615 16, 577 133,106 260, 375 4,157, 950 37,129 294,779 22, 744 84,440 20,849 52,029 561,297 46, 332 79,289 1, 991,456 148, 611 245, 704 48,566 28,477 77,305 165,669 198, 513 204,047 64,363 14, 251 2,518,085 104. 682 82| 069 18, 530 136,317 263, 871 909, 575 1,391,306 429, 790 223, 467 186.976 330,471 19,364 100,149 506, 783 75, 738 21,407 65,039 90,035 38,586 14,026 19,087 443, 597 36,720 24, 577 9,038 Collected rom assessment upon shareholders. $1,810 2,880 16,277 52,361 80,257 '54*950 4,677 23,001 267,*3li 1 64,655 495, 550 13,450 728,875 8,321 123,919 5,190 23, 732 12,842 64, 650 272,474 19,169 76,936 18, 869 94,200 23,503 142, 721 50,000 1,400 162,130 58, 304 15,730 36, 700 1,180 "298,*629 18,135 1,800 34,630 248,662 72, 577 37,900 50,229 32,500 40,560 9,350 720 21,040 31,669 Loans paid and other Dividends disbursepaid. ments. $69, 437 16, 670 11,803 100, 870 87, 260 182 572 137,428 166, 587 88,176 20,998 82, 060 96,176 10, 037 528, 305 99, 847 1,790, 932 389,222 1,910 j 193,441 ! 1.462, 248 127,863 268,450 81,121 5,099 26, 809 3,392 72,967 17,502 17, 527 260,191 500,975 3, 615,411 39, 812 275, 684 25, 006 117, 289 8,807 59,057 521,012 86, 263 59,461 1,823,749 131,024 188,482 22,558 52,402 66, 394 135, 574 117,878 82, 946 50, 597 9,492 2,162, 337 86,442 80,120 $2,125 272 1,633 47,315 52, 092 49,466 2,021 57,745 53 10 8,420 156, 708 255,495 1,084, 638 400, 998 412, 601 217, 660 172,909 318,554 7,253 93,051 456, 667 69, 821 9,181 45, 953 50, 576 13, 632 11, 828 415, 972 42, 392 50, 586 Receiver's salary and Legal other expenses. expenses. $634 1,488 850 3,838 11,623 5,385 10, 245 1,792 7,167 3,225 19, 338 2,973 46, 755 43, 252 77, 327 8,856 19, 723 9,652 2,223 8,599 10, 266 105,149 4,745 5,168 2,602 26,185 52 5,012 46, 049 1,825 5,010 78,461 192 2,855 5,372 1,840 1,155 1,425 198 324 69,059 1,990 7,152 4,825 1,269 882 24, 602 630 18,933 3,555 2,988 1,810 1,292 1,923 3,561 2,032 4,739 1,878 1,492 100 137 1,014 103 998 805 $8,187 3,716 3,005 8,176 21,147 32,136 12,119 24, 551 7, 517 11,296 16,475 6,739 22, 690 10, 832 24,392 33, 632 103,955 „ 18,177 42,172 26,371 7,885 23,432 19, 710 169, 758 11,029 26, 828 12,978 13,190 5,475 9,440 24.638 8,244 16,215 69,438 2,314 22, 713 14,380 10, 299 6,607 7,321 5,208 4/279 11,401 1,348 55,991 8,463 4,802 7,293 8,614 3,988 28.639 11,572 22,981 13,282 9,096 4,622 9,001 3,348 12,468 7,285 3,328 6,720 4,473 4,590 3,698 2,386 9,059 2,870 2,861 1,462 REPORT OF THE COMPTROLLER OF THE CURRENCY. 217 CEIVER, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL BANKING AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued. Amount Balance in Amount of hands of returned to assessment Comptroller shareholders upon shareor receiver. in cash. holders. $21,500 17,000 $3,420 12,679 5,932 884 859 50, 000 130,000 121, 750 160, 000 10, 000 50, 000 7,651 25,103 40,769 79 2,029 21,187 3,444 8,363 28,562 23,448 17,331 39,131 712 1,027 15,617 50,000 200,000 50,000 50,000 300, 000 130 95,665 3 9,018 300,000 75,000 500,000 100,000 961, 000 50, 000 200,000 60, 000 50,000 100, 000 75,000 400, 000 25, 000 250,000 32,500 100, 000 14,850 7,486 7,162 11 100,000 50,000 50,000 3,149 5,172 75, 229 10,074 3,545 50,000 3,329 " 467," 264* 7,787 8,130 7,435 3,837 3,052 i, 666,666 19, 500 50,000 60,000 2,489 300,000 41,355 21,060 150,000 100,000 100,000 4,316 1,816 24, 781 4,011 12,163 1,023 6,994 5,043 4,386 2,051 8,746 2,550 921 2,915 75,000 50,000 50,000 65,000 12,500 20,000 40,003 80,000 25,600 Amount of claims proved. $70,191 27,801 32,449 156, 260 282, 370 197,353 128, 832 132,461 81,801 21,182 108, 385 93,625 580, 592 104,749 2,654,690 894,767 2,397,129 186,993 422,772 202,801 46,441 294, 521 241,521 4,531, 213 36,526 365,931 26,322 409,930 8,131 84,978 651,274 86,258 140,333 2,895, 515 127,524 171,581 62,162 112,135 63,669 130,772 116, 626 80,452 108,175 9,379 4,324,674 82,156 75,343 152,640 174,120 247,920 1,129,714 398,236 825,211 435,319 326,222 311, 028 48,338 90,136 456,667 107,427 3,561 61,214 57,441 72,251 22,720 29,569 462,192 56,637 80,897 12,616 Dividends, per cent. 98.925 60 100 100 50 100 100 100 100 99.133 81 100 100 160 67.405 43.50 61 70 67.50 40 81.10 25 100 80 100 75.25 95 28.50 100 69.50 80 100 42.37 63 100 100 40 47 100 100 100 100 45 100 50 100 100 90 100 96 100 50 50 53 100 15 100 100 15 80 70 60 40 90 76 62.60 Interest dividends, per cent. $100 100 42.30 10Q 100 100 100 100 100 Finally closed. Feb. Apr. Oct. Mar. 12, 1889 8, 1881 10, 1879 15,1881 Mar. 1, 1884 Jan. 17, 1881 Apr. 24,1886 Aug. 1, 1881 Feb. 6, 1883 Aug. 6, 1887 Feb. 4,1882 Feb. 18, 1885 Oct. 12, 1885 Oct. 25, 1886 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 100 100 Sept. 25,1889 Sept. 30,1890 100 Oct. 29, 1885 Jan. 22,1890 100 Feb. 10,1888 Sept. 30,1890 100 100 June 1, 1886 Sept.14, 1891 100 100 100 100 Mar. Mar. Aug. Feb. Apr. 100 Oct. 17,1887 100 100 July 11,1889 Mar. 5,1891 20,1890 2,1888 18,1887 17,1887 30,1887 100 Oct. 20,1888 "ioo* June il\ 18*88 100 Jan. 15 1891 Jan. 21J1889 "ioo" Apr. 24,1890 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 218 REPORT OF THE COMPTROLLER OF THE CURRENCY. INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF R E SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS, Collected Total Nominal Loans paid assess- collections Collected from value of and other Dividends ment upon from all remaining from assets. disbursepaid. sharesources. aasets. ments. holders. 141 142 143 144 145 146 147 148 149 150 J51 352 153 154 155 156 157 158 159 160 161 162 163 164 $57,217 $24,900 66,783 4,444 539,969 155,775 207,717 27,514 230, 891 34, 363 459,168 61, 533 151, 887 • 40,812 104, 584 19, 825 82,189 17, 253 1,549,308 181,604 2,109, 043 180, 370 107.118 86, 875 154, 566 11, 521 125, 652 6,827 538,076 * 35,386 154, 695 6,907 136, 719 1,638 120, 898 2,200 478, 817 3,749 270,525 26,048 171,181 268, 444 304,497 85,640 $53,348 22,858,915 44,606, 561 $6,621,409 $24,900 4,444 155,775 27, 514 34,363 61, 533 40,812 19, 825 17, 253 234,952 180,370 86, 875 11,521 6,827 35, 386 6,907 1,638 2,200 3,749 26,048 51,227, 970 $5,031 1,387 89,141 9,919 598 4,756 9,486 12,891 2,888 3,358 7,416 8,000 1,262 2,740 18,153 850 948 1,481 1,178 648 $13,732 33, 350 14,711 22, 605 42, 588 16,183 5, 874 77, 511 5,874, 200 $38,629,123 Receiver's Legal salary and expenses. other expenses. $85 274 1,092 557 41 1,738 89 88 478 617 68 17 3 22 1, 524, 752 $1,252 1,044 4,515 1,519 2,390 2, 946 1,816 1,082 1,139 11, 592 10, 262 1,195 418 523 1,899 393 312 567 301 479 2,809,094 REPORT OF THE COMPTROLLER OF THE CURRENCY. 219 CEIVER, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL BANKING AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued. Balance i n hands of Comptroller or receiver. Amount returned to shareholders in cash. $4,800 1,739 27, 677 808 8,729 9,505 13,238 5,764 6,874 219,385 162,624 152 9,841 3,561 15,334 5,664 378 130 2, 270 24,921 1,559, 622 Amount of assessment upon shareholders. $500,000 $831,179 15,173, 050 Amount of claims proved. $30,516 18, 543 168, 670 98,117 113,023 283, 922 107,886 34,955 32, 687 480,110 1,047, 890 155, 022 86, 436 8,045 40, 650 24,156 37,684 22,221 158,166 18, 546 $57,792,028 Dividends, per cent. 55 20 15 20 15 15 20 50 Interest dividends, per cent. Finally closed. 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 220 REPORT OF THE COMPTROLLER OF THE CURRENCY. T A B L E SHOWING THE AMOUNT OF DIL\I<TS D R A W N r>v Keserve cities. New York Chicago Boston Philadelphia Kansas City Cleveland Baltimore Cincinnati Pittsburg St. Louis Omaha Detroit Albany St. Paul New Orleans Minneapolis Milwaukee Louisville St. Joseph "Washington Des Moines San Francisco Brooklyn Total. Reserve cities. New York Chicago Boston Philadelphia Kansas City Cleveland Baltimore Cincinnati Pittsburg St. Louis Omaha Detroit Albany St. Paul New Orleans Minneapolis Milwaukee Louisville St. Joseph Washington Des Moines San Francisco Brooklyn Total. NATIONAL BANKING ASSOCIA. On On Chicago. On St. Louis, i On Boston. New York. $11,427,570 664, 512, 872 709, 240, 027 369,221,119 161, 740,162 264,310, 389 217, 596,049 178,724,488 166,180,779 180,191,169 119,157,265 113,096, 537 128,463,210 73,450,444 115, 324,617 52,386,949 30,142,935 51,870,599 29,267,426 43,864, 887 12, 546,821 23,076, 239 784,000 $82,822 222,499, 995 2, 303, 527 658, 366 72, 527, 858 11, 048, 040 68, 334 12, 895, 728 10,297,358 24,122, 397 74, 882, 966 12, 368, 454 50, 748 32,680, 687 1, 876,125 33,077, 458 32.930, 400 2, 245, 226 6, 878,186 101,411 20,159, 722 2, 241, 668 $10,636 ! $69, 007,120 4,800,751 i 66,170, 038 7,021 ' 108, 626, 068 10, 531 18, 804, 456 66, 358, 648 5,494, 500 848, 059 4, 862, 300 7, 500 3, 549, 024 5, 069, 596 4, 659,194 47, 574 2, 264,714 5,920, 306 3, 005,367 10,008, 713 6,735, 574 97,500 3, 581,124 2, 219, 835 1,3hV, 841 1, 385, 291 649, 674 , 4,365,213 100 1,141,200 13, 290, 595 1,161, 695 590,224 404,677 340, 044 1, 007, 693 3,716,566,553 575,997,476 96,591,768 313,834,333 On Cleveland. $5,466,630 1,737 On Detroit. 5,552, 705 On On Mil- On Kansas waukee. City. St. Joseph $9,470 129,077 $251,706 7,000 31, 797 $1,500 1,664,421 921 $129,500 "116*143" 2,885,469 753,751 315,750 611,010 "26," 800" 625, 666 **2i"666 92,800 60 :, 652,510 198,076 33,000 4,162,757 117, 567 189,887 48,000 235,000 185,100 71,620 4,797,000 1,305, 705 73,142 9,669,413 1,161,700 5,590,414 11,565,874 1,435,205 REPORT OP THE COMPTROLLER OF THE CURRENCY. 221 TIONS IN THE SEVERAL RESERVE ClTIES, DURING THE YEAR ENDED JUNE 30, 1891. On Albany. $200 347,000 347, 200 On Pittsburg. On Philadelphia. $6,675 1,400, 026 50, 549 928, 664 $10,853,868 25,824, 919 6,797, 873 15,854,607 146,229 5, 306,939 29,295, 776 5,184, 903 23,875, 430 2,131,231 8,500 912,668 1,035 500, 509 29,170 99, 000 1,171,050 85, 634 2,020, 270 19,974, 866 272, 370 On Baltimore. On Washington. $471,540 6,962,413 1,727, 256 1,310,812 18,920 276,472 2,592, 384 3,996,211 1, 985, 750 200, 582 $3,126 51,000 500 26,830 On N e w Orleans. $62,201 111, 132 On On Louisville. Cincinnati. $235 36,200 1,907 250,000 17 1,351 23, 338 245, 304 719,235 1, 754,556 7,151,931 286,399 1,555,400 1,805,771 I1 92,662 3i5, 559 164,620 152,949 4,000 1,655,239 165,721 39,113 10,000 2,145,095 20,000 128, 998, 289 26,177, 386 21,840, 384 374,098 On On St. Paul. On Omaha. Brooklyn. On Minneapolis. On San Francisco. $612" 2,230 300,000 $106,464 428,181 316,867 32,499 315, 437 $12,702 5,000 $7,500 1,320 20,250 3,273,573 OnDes Moines. 36 386,000 56, 694 1, 004,403 10,544,227 145,045 9,031,533 On all other locations. $325,172 14,863,026 549, 039 5, 744, 251 16,158 493, 202 $50,000 858,507 282,048 2,244, §42 153,014 317, 836 100,000 784,431 120,343 1,837 107, 831 1,850,881 19,129, 061 772,176 500, 000 16,500 13,689 101, 732 1, 592,013 $334, 000 334,000 19, 641, 202 11,233,105 2,292,229 261,808 129,000 3,183,073 374,542 1,237 2,245,878 $6,308 3,247,192 21, 721 12,142 423,500 3,302, 320 12,015 267,530 1,370, 290 776, 911 170,343 29,070,486 14,839,831 Total. $92,787,609 1,018,432,079 829, 641,060 412,651,206 307, 704, 754 292,341,307 253, 512,102 227,755,869 227,189, 925 217,636,298 213,748,926 135, 999,011 132,096,117 125,307, 350 119, 636,353 111, 026,129 64, 779, 622 60,841, 654 48,291,022 48,251,748 33,802, 532 28,131, 600 1,118, 000 5,002,282, 273 222 REPORT OF THE COMPTROLLER OF THE CURRENCY. TABLE SHOWING THE AMOUNT OF DRAFTS DRAWN BY NATIONAL BANKING ASSOCIA SERVE CITIES, DURING THE States and Territories. Massachusetts New York Pennsylvania New Jersey Connecticut Illinois Texas Rhode Island Ohio Iowa Michigan Indiana Colorado Maine Nebraska Kansas Tennessee New Hampshire.... Wisconsin Virginia Vermont California Washington Minnesota.. Georgia Kentucky ... Oregon Montana Alabama Missouri.... ^.„ North Carolina Florida Maryland South Carolina Delaware West Virginia South Dakota Mississippi Arkansas North Dakota Utah New Mexico Louisiana Wyoming , Idaho District of Columbia Arizona Nevada Indian Territory Oklahoma r... - Total.... * B y banks in reserve cities. Grand total On New York. On Chicago. On St. Louis. On Boston. $1,270,456 $198,959, 935 227, 651 694,127,300 892, 017 248, 749,410 474, 546, 790 573," 034" 384, 480, 563 129, 860, 585 211,483,127 $26,634,405 3, 352,581 33, 890, 689 185, 838, 827 5,000 172,546, 722 4,163, 312 138,615 212,485, 209 3, 400, 035 91,175,100 166, 686,446 58, 723, 342 107,190, 111 36, 088,101 1, 755, 631 124,182,211 13,749,633 8, 090, 521 110,573,233 30, 775, 489 25, 558, 040 521, 698 51,497, 219 11, 620, 635 12,518, 337 72,686,155 2, 020, 824 4, 679,853 113, 734, 001 6,121,196 27,877, 602 15,152, 471 334, 398 76,134,129 39,216, 992 4, 360, 245 800,014 22, 788, 345 6,648,132 38,080, 273 145, 242 29,847,636 25,517,592 214, 000 81,383,549 6,326 25,511, 604 111, 706 724, 780 26,433,159 3,839, 667 297, 649 37,364, 581 8, 474, 225 1,057,564 54, 908, 981 208, 898 511, 999 11,885,608 6, 947,099 30,557, 691 33,280, 702 33,121,246 221,362 9,983 8,585, 281 39, 786,408 6,834, 238 14,656,484 1,100 12,805,802 12, 660, 622 18,406, 923 1, 056, 211 9,259 11.448, 297 10, 763,178 1,312, 519 9; 548, 217 1,375,638 15,407,576 312,1&) 1, 963, 996 11, 725,848 1,012,364 796, 366 6,982, 710 1,372, 557 1, 652 4,663,997 1,634, 642 4, 680,711 832,127 3,774, 672 70,932 1,103,444 74,360 81,813 304,750 1,166, 646 367,591 395,170 66*203 68,391 $616, 224,437 16,304,661 3, 530, 962 3, 217,907 • 43,514,133 6, 012,627 517,908 128, 390,479 2,108,810 3,382,944 4, 930,002 937, 469 754, 292 140,375, 599 1, 043, 473 940, 218 371,693 135,326, 348 360, 311 1,621, 236 63,321, 827 924, 528 527,325 511,805 436,166 12,-031 517,373 924,950 132,483 70,000 215,129 172, 669 430,218 55,057 9,003 20,000 96,488 660 188,888 678, 696,465 575,997,476 141,3J6,242 1,178, 431,909 96,591,768 | 313,834,333 7, 836, 208, 2501,254,693,941 237,908,010 11,492,266, 242 4,119,641, 697 3,716,566,553 REPORT OF THE COMPTROLLER OF THE CURRENCY. 223 TIONS, IN THE SEVERAL STATES AND TERRITORIES, EXCEPT BY THOSE LOCATED IN R E YEAR ENDED JUNE 30, 1891. On Albany. On Philadelphia. $927,762 25, 672,756 $45, 400 2, 756, 010 268,421, 530 62,429, 845 221, 000 4, 931,468 1, 305, 222 419,145 5, 889, 869 156,487 185,177 .... ..... On Pittsburg. $186,000 109,719, 737 On Baltimore. On "Washington. On New Orleana. On Louis- On Cincinville. nati. $14,725 4,197,102 411,400 $5,000 232, 242 195,000 52,958 8,151,821 624, 880 1,948 $30,281 12, 631, 897 $371, 244 37, 611 7,068, 551 21, 908 208, 428 97, 724 17, 436, 437 52, 389,787 118,772 1,282,336 28, 839, 826 9, 205, 698 8,125, 259 133,055 178,150 257,000 33 000 481, 206 147, 680 8,200 12,246, 542 21, 435, 393 2,560, 990 323, 027 66,080 2,107, 645 39,61© 16, 353 59, 630 270, 094 342, 841 277, 688 4,006,612 1,461, 531 8, 969.112 625, 743 32, 948, 406 1, 621,986 4,386,402 64, 000 180,132" 24, 231,315 648,740 548, 372 2, 388, 401 8, 217,092 169 813 60, 608 $393,432 28, 325 1, 264, 942 4,331, 009 68,960 • 89, 066 11,453 701 17, 054, 619 38,885 29,236, 690 2, 367, 969 1, 608,978 17, 057 1,048,389 487, 073 498, 721 6, 629, 931 1, 258,886 281,987 182,483 50,666 4, 366, 531 29,448 27, 258 42,360 6, 265, 035 525,140 272,126 30,368 12, 797 14, 339 26,600, 518 347,200 412 335,174 128,998, 289 121,036,453 65, 961,730 26,177, 386 21, 840,384 4, 277, 048 34, 245, 014 47, 025, 272 133, 886, 381 374,098 3,273, 573 9,031, 533 41, 839,831 26,947, 718 541,333,463 147, 213, 869 87,802,114 4, 651,146 299,927 37, 518,487 56,056, 805 148, 726, 218 224 REPOET OF THE COMPTROLLER OF THE CURRENCY. T A B L E SHOWING THE* AMOUNT OF D R A F T S DKAVVN B Y NATIONAL BANKING ASSOCTAsi:m E CITIES, DURING THE YEAK On Cleveland. States and Territories. Massachusetts New York T^pnnsvlvania New Jersey Connecticut Illinois Texas Rhode Island Ohio Iowa • Michigan Indiana Colorado Maine Nebraska Kansas Tennessee New Hampshire "Wisconsin On Detroit. On Milwaukee. On Kansas City. On St. Joseph. - - -. $205,081 779, 900 - $58,4S9 7,150, 500 17,536, 551 $118,462 . . . . . . 1,158,013 53, 724,307 30, 500 545,444 $i," 971* 495* 4, 630,197 10, 978, 974 119, 398 25,772 3, 093,767 3, 269, 577 53,961, 285 2,773,747 715,059 15,990 .'. Vermont California W ashington Minnesota Georgia Kentucky Oregon Montana Alabama Missouri North Carolina Florida Maryland South Carolina Delaware West Virginia South Dakota Mississippi Arkansas . . ^» North Dakota Utah New Mexico Louisiana "Wyoming Idaho District of Columbia Arizona Nevada Indian Territory.. . . . . Oklahoma Total.. By banks in reserve cities Grand total 77, 458 34,154 242,336 ""$166,824" 22, 061,078 4,177 1, 812, 315 28 300 680,564 238, 871 6,000 361 986 63,515 . 9, 935,184 2, 048,410 244,142 331 979,584 3 155 820 34,000 24,569 132, 000 422, 534 978,994 19,803,824 54,388,213 30,479,262 9, 669,413 1,161, 700 5, 590,414 92,797,340 11, 565, 874 9,121,015 1,435, 205 29,473,237 55, 549,913 36, 069,676 104, 363,214 10,556,220 REPORT OF THE COMPTROLLER OF THE CURRENCY. 225 TIONS, IN THE SEVERAL STATES AND TERRITORIES, EXCEPT BY THOSE LOCATED IN RE- ENDED JUNE 30, 1891—Continued. O n Omaha. O n Brook, O n St.Paul. O n MinneO n San apolis. lyn, Francisco. O n Des Moiues. $15, 000 $1,599 $544 433 $1, 012,983 18, 297 92,673 3,778,270 $978,481 58,201 163, 590 844, 638 7 663 100 60, 431 1,200 75,252 713 385, 952 $2,120, 803 326, 204 4, 023, 631 2,137,489 456, 680 194,493 162, 874 3, 526,419 502, 488 47,496 58 483 703 145,163 15, 232, 910 5, 659, 289 55, 510 25,181,498 8, 576, 297 2, 992, 317 6, 002, 733 472, 963 111, 619 1,117,173 1,144,426 10,148, 366 4, 566, 804 i,62i,405 I 3, 088, 705 41, 932 i9,853, 640 739,129 2, 042, 747 4,446, 398 1,491, 826 29,768 2,771 263 1, 883, 376 1,383, 214 1,431,316 1,474, 928 On all other locations. Total. $574, 928 $818, 017, 643 2, 488, 778 741, 983, 237 733, 512 637, 422, 602 540, 605, 942 428, 790, 755 2,025 4, 984, 611 391,917,187 347, 699, 375 102, 407, 799 326, 295, 972 24,934, 626 313, 374,192 9, 524, 284 6, 222, 640 281, 542,619 233, 687,986 1, 973,180 10, 553. 992 221,086,925 176, 871, 574 24,097^ 785 5, 302, 424 176,479, 284 167,410, 740 6, 823, 822 159, 419, 341 .4,189, 618 152, 719,395 8. 898, 913 141, 525, 565 78, 021 123,070, 8-76 1,046, 578 3. 934, 404 118,001, 654 103, 244, 799 221, 000 96, 342,665 8, 063, 277 94,194, 996 27,027,713 92, 531, 690 748, 957 88, 208, 733 3, 792,802 77, 307,129 4, 331, 661 70, 335, 904 12, 455,409 65, 765, 034 8, 043,452 65, 046,139 3, 706, 916 62, 225, 888 851, 896 47,131, 898 5, 309, 857 43, 546, 212 7, 424, 807 43,454, 874 224,092 42, 705, 672 1,472,112 40, 761, 234 34,414, 274 3,078,175 33, 215,067 3, 835,871 29,079, 559 2,082,242 27, 905, 777 2, 415,143 26,574, 478 915, 453 26, 227,052 1, 572, 949 20,142, 533 1, 568, 099 15, 282, 986 630, 664 11,891,088 932,594 10, 735, 684 2, 347. 806 4,111, 908 10; 173 3,494,472 682, 420 2, 237, 907 376, 416 2, 090, 873 134,102 1,800,833 298, 075 102,116, 242 1, 437, 976 56. 296,456 18,551, 512 106, 037, 567 2,120, 803 170, 343 334, 000 19; 641, 202 11, 233,105 2, 292, 229 2, 245, 878 323, 326, 073 7, 779, 930, 222 29, 070, 486 5, 002, 282, 273 104, 362,120 . 1, 771, 976 75,937, 65829, 784, 617 108, 329, 796 2, 291,146 352, 396, 559 12, 782, 212, 495 11167—-15 22b REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING, BY GEOGRAPHICAL DIVISIONS, THE AMOUNT OF DRAFTS AND UPON BANKS LOCATED ESLEWHERE Divisions, States, and Cities. New England States. Massachusetts Boston ,. Connecticut Rhode Island Maine New Hampshire Vermont Total. On New York. On C h i c a g o . On St. Louis. On Boston. $198, 959, 935 709, 240, 027 384,480,563 ±72,546, 722 30,775,489 6,121,196 39,216,992 $1,270,456 2, 303, 527 573, 034 5,000 1, 541,340, 924 4,152, 017 694,127, 300 11,427,570 128,463, 210 784, 000 248,749,410 369, 221,119 166,180, 779 474, 546, 790 8, 585, 281 217, 596, 049 3,774,672 43,864, 887 6, 834, 238 227, 651 82,822 50,748 10,636 16, 304,661 69, 007,120 3, 581,124 892,017 658, 366 10,297,358 10,531 47,574 3, 530,962 18, 804,456 2,264, 714 3,217,907 68, 334 7,500 3, 549,024 $7,021 $616,224,437 108,626,068 43,514,133 128, 390,479 140,375,599 135, 326, 348 63, 321,827 7,021 1,235,778,891 Middle States. New York New York City... Albany Brooklyn Pennsylvania Philadelphia Pittsburg New Jersey Maryland Baltimore District of Columbia . Washington Delaware Total. "ioi*4ii 404,677 430,218 2, 374,155, 305 12,378,707 76,241 121,094,863 Texas Tennessee Kentucky Louisville Louisiana New Orleans . Virginia Georgia Alabama North Carolina... Florida South Carolina ... "West Virginia Mississippi Arkansas 185,838,827 113,734,001 25,511,604 51,870,599 6, 902, 710 115,324,617 76,134,129 81, 383, 549 54,908,981 33, 280, 702 33,121,246 39,786,408 14, 656,484 18,406, 923 11,448,297 3,352,581 2, 020,824 111, 706 2, 245, 226 1, 652 1,876,125 33, 890, 689 4, 679, 853 724,780 1,161, 695 1,372, 557 649, 674 517,908 371, 693 12,031 290,595 Total. Southern States. Western States. Illinois Chicago Ohio Cleveland Cincinnati — Missouri Kansas City. St. Louis St. Joseph Nebraska Omaha Michigan Detroit Minnesota, St. Paul Minneapolis. Iowa DesMoines.. Indiana Wisconsin Milwaukee.. Kansas South Dakota — North Dakota... Total. 6,326 511,999 1,385,291 1,621,236 436,166 132,483 70, 000 215,129 172,669 55,057 221,362 9,983 1,100 9,259 1,312,519 1, 056,211 10, 763,178 9,003 862, 389, 077 11,361,252 54,826,945 5,289,261 129, 860, 585 664, 512,872 212, 485,209 264,310, 389 178, 724,488 11,885, 608 161,740,162 180,191,169 29, 257, 426 51, 497, 219 119,157,265 107,190, 111 113, 096,537 29,847, 636 73, 450,444 52,386,949 91,175,100 12, 546, 821 124,182,211 27, 877, 662 30,142,935 72, 686,155 12, 805,802 9,548, 217 211,483,127 222,499, 995 4,163, 312 11, 048, 040 12,895, 728 6, 947, 099 72,527, 858 24,122, 397 6,878,186 25,558, 040 74, 882, 966 58, 723, 342 12, 368, 454 25,517, 592 32, 680, 687 33, 077,458 166, 686,446 20,159, 722 36, 088,101 65, 152,471 32,930,400 11, 620, 635 12, 660, 622 1, 375, 638 26,634,405 4, 800, 751 138,615 848, 059 5, 069, 596 30, 557, 691 66, 358, 648 6,012, 627 66,170,038 2,108, 810 4, 862, 300 4, 659,194 3,400, 035 590, 224 1, 755, 631 334,398 13,100 12, 518, 337 1, 043,473 3, 005, 367 4,930, 002 6, 735, 574 511, 805 2, 219, 835 4, 365, 213 3, 382, 944 340,044 937,469 360, 111 1,141,200 940,218 2,760, 558,972 1,182, 048, 316 170,771,947 125,161,030 5,552,705 520., 698 10,008, 713 97, 500 214, 000 1,357,841 5,494,500 5, 920, 306 20, 000 REPORT OF THE COMPTROLLER OF THE CURRENCY. 227 DRAWN BY NATIONAL BANKING ASSOCIATIONS UPON BANKS IN EACH RESERVE CITY DURING THE YEAR ENDED JUNE 30, 1891. O n Albany. $927,762 927,762 25,672,756 200 25, 672,956 347, 000 O n Philadelphia. O n Pittsburg. O n Baltimore. On Washington. On N e w Orleans. O n Louis- O n Cincinville. nati. $45, 400 6,797, 873 221, 000 419,145 $50, 549 $14,725 1, 727, 256 $500 7,483,418 50, 549 1,741,981 500 2,756,010 10,853, 868 1,035 186,000 6,675 471, 540 3,126 $62, 201 $235 6,308 268,421,530 109, 719, 737 4,197,102 15,854,607 928, 664 1,310,812 23,875,430 19,974,866 1, 985,750 62,429, 845 411,400 8, 969,112 180,132 24,231, 315 29,295,776 85, 634 2,592, 384 12,797 14, 339 1, 655, 239 10, 000 2,145, 095 32,948,406 548, 372 5,000 26, 830 1,907 17 286, 399 393,432 12,142 1, 370,290 131, 091, 708 37, 908,109 1,643,163 1 305 222 481,206 39, 649 315,559 147, 680 277, 688 152,949 8,200 29,170 12,246,542 2,107, 645 270,094 4,006,612 1,461,531 625, 743 1,621,986 60, 608 21,435,393 342, 841 169, 813 4,386,402 64, 000 648, 740 2,388,401 8.217,092 2, 560,990 24,571, 567 2, 553, 021 35, 842, 598 4,931,468 25, 824, 919 5, 889, 869 5, 306, 939 5,184, 903 232, 242 1,400, 026 8,151, 821 1,171, 050 2, 020, 270 146, 229 2,131, 231 272,370 12, 015 20,250 64,108 286, 651 12,631,897 37,611 4, 331, 009 9, 205, 698 701 17,054, 619 4,000 374, 542 6, 265, 035 11,453 2, 367,969 28,'325" """487,073* 29,448 27,258 89, 066 1,608,978 50,000 498, 721 1,814,437 21,908 8,125, 259 29,236,690 3,183,073 30,368 261,808 68,960 38, 885 1, 048, 389 42, 360 281,987 182,483 4, 366, 531 525,140 272,126 2, 658,221 34, 358,496 29,009,163 47,221,497 6, 629,931 1, 258,886 52, 958 51, 000 30, 281 111, 132 245, 304 719,235 18,920 200, 582 371, 244 36, 200 208, 428 1,351 7,151, 931 250,000 1,754, 556 ' "l,"555," 400* 7,068,551 3, 247,192 52, 389, 797 3, 302,320 267, 530 423,500 776, 911 33, 000 257, 000 8,500 912,668 66, 080 500, 509 99, 000 156, 487 165, 721 185,177 195,000 6, 962, 413 624,880 276, 472 3, 996, 211 21, 721 1, 264,942 23, 338 299,927 20, 000 457, 073, 655 164,620 $21,721 i, 282,336 1,805,771 92, 662 133,055 1,948 97,724 17,436,437 178,150 118,772 28,839,826 129,000 347,000 51,766,700 13,518,591 12,309,426 349, 262 3,095,983 26,760,991 99,651,506 228 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMEMT SHOWING, BY GEOGRAPHICAL DIVISIONS, THE AMOUNT OF DRAFTS AND UPON BANKS LOCATED ELSEWHERE DURING Divisions, States and Cities. Pacific States and Territories. Colorado California San Francisco Washington Oregon Montana Utah New Mexico Wyoming Idaho Arizona Nevada Indian Territory Oklahoma Total Total all divisions On New York. On Chicago. On St. Louis. On Boston. $110,573,233 $13, 749, 633 22,788, 345 4, 360, 245 23,076,239 2, 241,668 38, 080,273 6, 648,132 26,433,159 3, 839, 667 37, 364, 581 8,474, 225 15, 407, 576 1, 963, 996 11,725,848 796, 366 4,663, 997 1, 634, 642 4, 680, 711 832,127 1,103,444 70,932 304, 750 81, 813 1,166, 646 395,170 60, 203 297,763,972 44, 753,649 7,^36,208, 250~ 1,254,693,941 $8, 090, 521 800, 014 145, 242 297, 649 1,057, 564 312,160 1, 012, 364 $754, 292 924,528 1,007, 693 527, 325 517,373 924, 950 96, 488 660 188, 888 74, 360 367, 591 68, 391 12, 225, 856 4, 942,197 237, 908,010 1,492, 266, 242 REPORT OF THE COMPTROLLER OF THE CURRENCY. 229 DRAWN BY NATIONAL BANKING ASSOCIATIONS UPON BANKS IN EAXJH RESERVE CITY THE YKAR ENDED JUNE 80, 1891—Continued. On Albany. $26, 947, 718 On Philadelphia. On Pittsburg. On Baltimore. On Washington. On New Orleans. On Louis- On Cincinville. nati. $39,113 323,027 16, 353 59,630 $17, 057 438,123 17,057 541,333,463 $147, 213, 869 $87,802,114 $4,651,146 $37, 518, 587 $56, 056, 805 148,726, 218 230 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING, BY GEOGRAPHICAL D I V I S I O N S , T H E AMOUNT OF DRAFTS AND UPON BANKS LOCATED ELSEWHERE DURING On Cloveland. Divisions, States, and Cities. On Detroit. On Milwaukee. On Kansas City. On St. Joseph. New England States. Boston Connecticut lihode Island ... Maine New Hampshire "Vermont . ... $25, 772 28, 300 54, 072 Total Middle States. New York New York City Albany Brooklyn Pennsylvania Philadelphia $205 081 779, 900 1, 737 753 751 Pittsburg 1,500 $9,470 7,000 $31, 797 921 16, 470 31,797 2,421 iMaryland Baltimore District of Columbia W^ashington Total Texas 1, 740, 469 Southern States. , Kentucky Louisville Louisiana New Orleans Virginia Georgia .. . 235, 00 7,150, 500 715, 059 6,000 71, 620 235,000 8,187,321 . ..... ..... ...... . ^Florida . West Virginia 244,142 Arkansas Total Western States. Ohio -^ Cincinnati . . ... 5,466, 630 17, 536, 551 2,885,469 129,077 251, 706 118, 462 116,143 ""2ii*766' 611, 010 625,000 Kansas City 315,750 Omaha . Michigan Detroit Minnesota St. Paul Minneapolis Iowa ... Des Moines. Indiana Wisconsin Milwaukee 21,000 ... South Dakota Korth Dakota Total i, 158, 013 53,724,307 198 076 33,000 30,500 77,458 48, 000 15, 990 58, 489 1,664,421 34,154 26, 800 92, 800 9, 935,184 $2,048, 410 129, 500 60 4, 797,000 1, 305, 705 3,093, 767 3,269, 577 4, 652,510 4,630,197 1,812, 315 4,162, 757 117 567 1,971,495 242, 336 160, 824 545,444 22, 061, 078 189,887 27,732,437 55, 298,443 36, 033, 702 "i85,166 53, 961,285 2,773,747 78,743,906 3,687,763 REPORT OF THE COMPTROLLER OF THE CURRENCY. 231 DRAWN BY NATIONAL BANKING ASSOCIATIONS UPON BANKS IN EACH RESERVE CITY THE YEAR ENDED JUNE 30, 1891—Continued. On San Brook- On St. Paul. On MinneOn Omaha. Onlyn. Francisco. apolis. OnDes Moines. 15,000 31, 662,063 2,823,995,078 106,464 2,488,778 325,172 32,499 733,512 5,744, 251 153,014 741, 983, 237 92,387, 609 132, 096,117 1,118, 000 637, 422,602 412, 651,206 227,189, 925 540, 605,942 • 43,454,874 253,512,102 4, 111, 908 48,251,748 40,761,234 224,092 282,048 10,173 16, 500 13, 689 12,702 2,230 • 9,977, 540 3,175,546,504 152,652 102,407,799 8, 898,913 4,331,661 772,176 630, 664 107, 831 3,934,404 3, 792,802 3,706,916 5, 309, 857 7, 424, 807 1,472,112 3, 078,175 2, 082, 242 2,415,143 544,433 1,837 111, 619 \ 428,181 5,000 1,237 500, 000 75,252,713 145,045 16,158 300,000 36 55,510 385,952 1,621,405 326,204 81,692,484 381,714 $50, 000 493, 202 18,297 386,000 58,201 25,181, 498 8, 576, 297 10, 544,227 120,343 978,481 2,120, 803 19 129 061 1,012, 983 3,778,270 315,437 56, 694 60, 431 1, 004,403 92, 673 4,023, 631 163,590 2,137,489 1, ii.7,173 10,148, 366 1,144,426 4, 566,804 61,223,121 28, 855,551 1,200 29, 768 1,912,272 347, 699,375 152,719,395 77, 307,129 60, 841,654 15,282,986 119,636, 353 118, 001,654 88,208,733 65,046,139 47,131,898 43,546, 212 42,705,672 34,414,274 29,079,559 27, 905,777 150, 365,502 1,269,526,810 546, 270 111, 619 1,599 7,500 $818, 017, 643 829,641,060 428,790,755 326,295,972 176,479, 284 141,525,565 103,244,799 316, 867 2,230 349, 000 $574, 928 549, 039 2, 025 24,934, 626 5, 302,424 78, 021 221,000 612 334, 000 1,320 Total, all banks. $316, 867 $12,702 $1, 320 banks. $612 $456,680 456,680 On country 2,291,146 391, 917,187 4,984,611 14, 863, 026 1, 018,432,079 313,374,192 9, 524,284 858, 507 292,341, 307 2,244,042 227, 755,869 851, 896 62, 225,888 307,704,754 217,636,298 317,836 48,291,022 167,410, 740 6,823,822 213, 748, 926 100,000 233, 687, 986 1, 973,180 135,999,011 784,431 92, 531, 690 748,957 125, 307, 350 111, 026,129 i*850,'88i 281, 542, 619 6, 222, 640 33, 802, 532 10,553,992 221,086, 925 1,046,578 123, 070, 876 64, 779, 622 4,189, 618 159,419,341 33,215,067 3,835, 871 26,574,478 915,453 72, 689, 625 4,902,881,888 232 REPORT OF THE COMPTROLLER OF THE CURRENCY. STATEMENT SHOWING, V>Y GEOGRAPHICAL DivmroNS, THE AMOUNT OF DRAFTS AM) I TON JJANKS LOCATED ELSEWHERE DURING Divisions, States, and Cities. Pacific States and Territories. Colorado California San Prancisco "Washington Oregon M.on tana Utah New Mexieo On Cleveland. On Mil- On Kansas waukee. City. On Detroit. j 1 1 $331 Idaho i ^Nevada Indian Territory Oklahoma Total Total all divisions i $10 978 974 680, 564 73 142 $4,177 238,871 361 986 63, 515 979, 584 3,155,820 24, 569 132 000 i On St. Joseph. $119 398 34, 000 422, 534 978, 994 1 18, 090, 553 153, 398 29, 473,237 $55 549 913 !3fi 069. 67fi 105, 078,273 9, 841,161 331 4,177 REPORT OF THE COMPTROLLER OF THE CURRENCY. 233 DRAWN BY NATIONAL BANKING ASSOCIATIONS UPON BANKS IN EACH RESERVE CITY THE YEAR ENDED JUNE ?>0, 1891—Continued. On Omaha. $7, 663,100 194, 493 1, 592, 013 162, 874 3, 526, 419 502,483 3, 088, 705 On Brooklyn. On San MinneOniSt.Panl. Onapolis. Francisco. 5, 659, 289 2, 992, 317 6, 002, 733 4, 446, 398 1,491,826 On country banks. $844, 638 58,483, 703 $47, 496 $472, 963 On Des Moines. $145,163 41,932 739,129 15, 232, 19, 853, 2, 042, 2, 771, 1,883, 910 640 747 263 376 1 383 214 1,431,316 1,474, 928 22, 668, 316 472,963 14,701,835 926, 224 105,401, 735 104, 362,120 1, 771, 976 75, 937, 658 29, 784, 617 108, 329, 796 j $2, 291,146 Total, all banks. $24, 097, 785 8, 063, 277 101, 732 27,027,713 12, 455.409 8, 043,452 1,572, 949 1, 568,099 932,594 2, 347.806 682| 420 376, 416 134,102 298,075 $1.76, 871, 574 96, 342, 665 28,131, 600 94,194, 996 70. 335, 904 65, 765, 034 26,227, 052 20,142, 533 11,891,088 10, 735, 684 3,494, 472 2, 237, 907 2.090, 873 1,800, 833 87,701,829 610, 262, 215 352,396, 559 12, 782,212, 495 234 REPORT OF THE COMPTROLLER OF THE CURRENCY. T A B L E SHOWING, B Y STATES AND TERRITORIES, THE POPULATION OF EACH ON J U N E 1, 1891, AND THE AGGREGATE CAPITAL, SURPLUS, UNDIVIDED PROFITS, AND INDIVIDUAL DEPOSITS OF NATIONAL AND STATE BANKS, L O A N AND T R U S T COMPANIES, AND SAVINGS AND PRIVATE BANKS IN THE UNITED STATES ON JUNE 30., 1891; THE AVERAGE OF THESE PER CAPITA OF POPULATION, AND THE PER CAPITA AVERAGES OF SUCH RESOURCES IN EACH CLASS OF BANKS AND IN ALL. States and Territories. Maine New Hampshire Vermont.., Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia. Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Ohio Indiana Illinois Michigan Wisconsin Iowa Minnesota Missouri Kansas Nebraska Colorado , Nevada California Oregon Arizona North Dakota South Dakota Idaho Montana New Mexico Indian Territory Oklahoma Utah Washington Wyoming Total Population J uno 1, 1891. * Loan and Savings Private National State trust banks. banks. compa- banks. banks. nies. All banks. Capital, etc. Aver- Aver- Aver- Aver- Aver- Average per age per age per age per age per age per capita. capita. capita. capita. capita. capita. 1, 048, 000 236, 000 1, 670, 000 773, 000 1, 638,000 1,165, 000 1, 867, 000 405, 000 1, 538, 000 1, 309, 000 1,137, 000 2, 304,000 1,161, 000 1, 870, 000 1, 773, 000 3, 720, 000 2, 213, 000 3, 899, 000 2,139,000 1,728, 000 1, 935, 000 1, 360, 000 2, 734, 000 1,448,000 1,148,000 440,000 44,000 1,244,000 333, 000 61,000 193, 000 341,000 93, 000 145, 000 157,000 181, 300 115, 000 214, 000 375, 000 66, 000 $81, 253,068 96,225, 832 40, 981, 914 742, 651, 224 127,126, 389 199, 953, 331 1, 663, 604,173 119, 766, 779 546, 267, 053 14,886, 050 101, 096, 200 20,146,171 42,131, 055 14,113, 894 10,602,746 14, 556, 233 22, 682,049 8,485, 786 14,900, 568 11, 754, 338 35,138, 019 65, 070, 737 7, 607, 971 86, 078, 682 42, 603, 237 220, 297, 991* 71,753,885 271, 513,188 124, 332, 290 91,828,490 111,981,211 102,482,170 164, 047, 645 53,896, 588 69, 333, 620 40, 480, 478 1,176,791 271,189,235 17, 878, 204 1, 272, 356 8,985, 308 11,669,101 2, 588,258 20, 277, 490 4,415, 963 282, 954 480,347 15, 358, 062 27, 859,317 5, 373, 750 5122.55 253.89 123.07 323.02 361.15 261. 72 272.27 80.70 101. 50 87.56 96.46 85.37 25.23 18.26 6.47 12.49 12.14 20.95 9.69 8.98 30.90 28.24 6.55 46.03 24.03 59.22 32.42 69.61 58.12 53.14 57.87 75.35 60.00 37.22 60.39 92.00 26.75 218.00 53.69 20. 86 46.56 34.22 27.83 139. 85 28.12 1.56 4.18 71.77 74.29 81.42 $41.20 41.92 52.69 131.31 121.10 84.52 82.72 46.58 60.19 44.08 52.33 63.46 12.28 10.62 5.14 6.15 6.43 15.27 7.68 2.68 19.68 24.97 3.85 19.47 15.65 38.91 21.66 43.98 27.24 21.35 23.49 36.47 24.85 23.29 34.56 78.11 16.82 24.31 46.07 9.67 36.88 19.88 26.77 154. 09 24.16 1.56 3.71 35.20 57.55 63.16 64,156,300 5,840, 438,191 91.03 39.32 663, 000 379,000 333, 000 2, 299, 000 352, 000 764. 000 6,110, 000 1, 484, 000 5, 382, 000 170, 000 $4.69 11.27 $6.31 9.18 36.02 5.85 10.02 12.69 4.11 12.95 6.93 1.13 2.91 4.76 3.90 1.14 6.30 9.80 .58 2.70 26.26 6.90 7.33 3.72 5.85 3.56 25.88 10.04 24.61 31.08 9.54 17.24 11.47 29.91 42.05 6.58 44.23 4.40 15.43 7.15 18.81 4.34 2.15 3.41 1.07 89.07 6.77 11.19 9.68 11.04 $76.66 200.70 70.38 161.80 191. 69 161.44 108.74 23.87 13.49 23.64 39.58 3.10 """.'44 .71 .02 3.43 .52 .76 .24 "."43 1.02 .63 1.42 .33 2.36 1.48 9.48 1.78 9.68 25.07 .06 13.12 6.00 100.68 .18 .30 3.50 5.26 5.76 2.25 5.85 9.07 4.86 3.00 4.39 4.73 2.42 9.93 3.94 .85 3.30 1.06 .50 .20 5.26 2.15 1.61 12.51 10.00 14.01 6.19 .47 10.05 .55 18.26 28.72 2.23 13.13 7.63 •Estimated by Mr. Joseph S. McCoy, Acting Actuary, based on the census of 1890. $0.56 "2. 37 ABSTRACT OF REPORTS OF CONDITION OF State Banks, Loan and Trust Companies, Savings and Private Banks, 1890-'91, ARRANGED BY STATES AND TERRITORIES. NOTE.—Reference marks in the tables following indicate the official and unofficial source of information from which reports were received. 235 230 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS AND KUSOUUCES. Date of report. Location. Xo. of •auks. Loans on Loans on collateral security real estate. other than real estate. Loans and discounts. STATE BANKS. Rhode Island . . Connecticut New York New Jersey Pennsylvania . . Delaware * Maryland Virginia West Virginia * North Carolina South Carolina Georgia * Florida * Alabama* Mississippi Louisiana t Texas Arkansas* Kentucky Tennessee * . . . Ohio Indiana Illinois Michigan Wisconsin Iowa Minnesota Missouri Kansas * Nebraska Colorado California Oregon * Arizona* North Dakota. South Dakota Montana* New Mexico . Utah Washington * Nov. 18,1890 Oct. 1,1890 June 13,1891 July 6,1891 Nov. —, 1890 June 30,1891 ....do July 9,1891 June 30,1891 ....do ...do ....do ....do ....do Sept. 5,1891 June 30,1891 ....do ....do ....do ....do : Oct. 6,1890 Oct. 31,1890 June 1,1891 Sept. 25,1891 J u l y 6,1891 June 30,1891 July 9,1891 May 16,1891 June 30,1891 ....do J u l y 6,1891 J u l y 1,1891 June 30,1891 ....do May 23,1891 Nov. 29^ 1890 i June 30,1891 Oct. July July Juiie 8 8 170 22 84 4 7 93 19 29 19 34 15 10 54 11 4 21 151 64 64 53 40 39 91 122 93 401 134 356 29 144 12 6 51 65 4 8,1890 1,1891 9,1891 30,1891 Total. >, 237, 065 446,722 33, 767 171,482 445. 323 100,672 815, 646 251,954 116, 851 33,348 387, 014 5,431, 679 5, 269,448 1,528, 597 16, 429, 558 42, 650 64, 999 4,150 436, 319 2,572 37,247,244 $133,179 | $1, 434, 069 4, 836, 970 161,377,347 6, 874, 569 I 30, 515, 259 322,610 ! 2, 668,887 980, 090 16, 828, 575 3, 277, 003 674, 872 4, 365, 878 2, 250, 272 5, 598, 274 1,617,107 170, 685 679,310 1, 537, 914 7,474, 532 6, 867, 462 427, 642 891, 774 1,245,177 873, 573 39, 622, 891 7, 840,463 1,186,796 14, 078,139 5, 881, 287 16,701, 550 4, 486, 850 31, 509, 936 16, 510,903 26, 478, 695 54, 099, 814 6, 386, 218 2, 425,960 18, 201,118 3,491, 578 14, 211, 751 48,493, 313 614, 592 689, 037 266, 995 132,141 1, 340, 623 2, 370, 843 504, 353 102, 000 143,305 1, 685, 385 1,148, 844 761, 255 78, 509,230 507,461,243 LOAN AND TRUST COMPANIES. Maine New Hampshire Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania * Delaware * District of Columbia. Illinois Iowa* Minnesota Missouri * Aug. —, 1890 Nov. —, 1890 Sept. 30,1891 Oct. 31.1890 Nov. 18,1890 Oct. 1,1890 J a n . 1,1891 ....do J u n e 30,1891 ....do J u l y 9,1891 J u n e 1,1891 J u n e 30,1891 J u l y 9,1891 J u n e 30,1891 * Unofficial. 10, 639, 668 270, 880 1,390,249 9, 652, 770 1,916, 745 4,151,001 171 Total . t Partially official. 1,449,095 986,415 22,789, 633 5, 380, 087 2,664, 848 9, 755, 642 4, 379,460 4,489, 502 33. 377, 055 403, 807 ' 298, 434 1, 000 1, 006, 070 12,268, 376 1, 512,951 280, 637 992,152 5, 363 365,016 705, 362 230,584 649,008 810,107 5,215, 222 15 11,497,837 19,438,145 2,152,253 1, 528, 280 ) 17, 537, 008 166, 685, 758 10 65,072, 641 225,012, 238 X Includes one State bank. 66,791, 541 REPORT OF THE COMPTROLLER OF THE CURRENCY. 237 LOAN AND TRUST COMPANIES IN THE UNITED STATES, 1890-'91. BESOUUCES. Overdrafts. $11,338 174, 419 207, 368 697 156, 887 3,176 136; 864 17,337 48,771 26, 926 5,236 United States bonds. 25, 000 110, 000 $49,858 462,118 $10,000 372,175 $5, 500 314, 093 8,450 42, 825 6, 814 51,410 119,597 3 000 7,692 44, 570 4,137 15, 000 294, 806 143, 240 1,130, 840 131, 548 471, 567 32,259 76,441 3,150 23, 750 23, 850 18, 417 528, 357 35, 615 6,500 11, 495 500 78,671 1,456 63, 597 # 1,100, 307 8, 256 1,222 1,934 1, 544, 950 91,835 2, 442, 264 185, 091 526, 528 1, 336, 694 2, 390, 319 554, i39 4, 658, 019 1,160, 386 2, 836,798 1,167, 909 3, 644, 338 1,142, 938 6, 749, 484 490, 623 5, 279,340 284, 500 169,217 151,123 3, 470,117 185, 875 ' 2,300 3, 768, 403 9, 938,142 1, 578, 242 1, 803, 548 764, 644 9, 203, 969 197, 557 52, 391 320,963 393, 834 93, 924 66,842 150, 999 366, 503 49, 500 10, 326 154, 323 $169, 507 199,178 5, 221, 441 201,121 1, 768, 215 168, 487 212, 898 643, 009 164, 710 209, 412 119,393 239, 880 105, 471 87, 741 489, 777 373, 857 73,826 99, 576 1, 363, 505 428, 974 781, 746 346, 586 266, 525 269, 639 778, 610 $12,323 14,146 801, 062 18,136 197, 723 10, 354 7,725 83,095 14, 857 41,430 22, 072 90,382 13,317 15,144 121,176 40, 361 3, 282 36, 475 91,903 99, 216 161,449 38, 224 75, 291 42, 235 49, 440 1, 2, 1, 1, 113,857 612, 069 939, 924 055, 583 030, 805 202,323 5,430, 054 113,9.04 56,312 123, 711 430,671 34,132 4,495 316, 970 657,404 182, 847 195, 538 15, 882 14, 612 14, 006 31, 486 119,156 5,465 2,761 28,737 39,918 70, 000 2,156, 065 595, 572 426, 850 37, 529,420 82,531,530 28, 791,441 2, 865, 083 22, 366, 1, 857, 1, 058, 165, 139, 015 501, 088 202,161 417, 749 436, 695 878,366 6,149. 447 667, 919 99, 018 779, 810 381, 992 32, 919, 765 20, 955, 264 649, 301 769, 655 39, 350 5, 310, 848 6, 047, 421 223, 859 24, 600 612, 015 189, 323 989, 203 2, 323, 346 479, 235 225, 900 59, 650 216, 289 199, 382 224, 557 231,173 285, 350 344 080 985 494 982 8,125, 722 2, 642, 506 781, 587 155, 860 17, 771, 695 38, 000 23, 533 178,119 16, 057, 015 $207,136 $171, 815 144, 502 1, 059, 994 7, 730, 437 17, 976, 005 530,153 890, 814 6, 375, 268 5, 373, 249 285, 937 241,744 127, 851 284,137 1, 466, 843 2, 023, 605 24, 342 760,188 117,098 706, 956 325, 414 145, 250 112, 635 1,106, 073 180, 273 257, 532 64, 083 206, 216 587, 403 615, 592 358, 810 98, 388 149,591 190, 000 5,600 1, 720 73, 533 Real Current estate, expenses furniture, and taxes and paid. fixtures. All other D u e from other bonds and stocks. bbaannkkseand rs. 124, 376 14, 260, 713 105,608 71, 292 77, 808 15, 985 1, 099, 480 500, 000 63 26,442 21,277 59, 386 9,357 84, 700 209, 433 30, 697 126, 937 53,151 45, 004 2,846 1, 800 28, 008 10, 050 25, 000 4,860 462 314 303 488 595 303 4, 044, 702 Bank stocks. $538,450 116, 995 8, 358 36, 701 125,101 76, 004 94, 645 92, 719 111, 240 82,175 184, 738 28, 22, 27, 145, 13, State, Railroad county, municipal, bonds and etc., bonds. stocks. 272, 600 23, 540 1 60,963 216, 392 1,173, 004 2,734 290, 311 10,882 302,169 7, 061, 072 606, 962 "" 92,827 251,515 5,139, 688 5,538 72, 300 26, 251 1, 441, 319 25, 738 23,377 3,472 283, 750 56, 904 596, 843 27,891 214,184 ?, 3 4 5 6 7 8 9 10 11 12 13 14 91, 348 45, 963 122, 925 266, 247 267,739 72, 552 3, 828, 397 29,771,125 1,159,776 43,157, 008 39,948,373 17,357,290 i 1 ? 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ?1 22 23 24 35 ?,6 ?,7 28 29 30 HI 32 33 34 35 36 37 38 39 40 743, 684 238 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS AND LOAN RESOURCES. Location. Cash and cash items. Other resources. Total. STATE BANKS. Khode Island... Connecticut New York New Jersey Pennsylvania... Delaware Maryland Virginia West Virginia .. North Carolina. South Carolina . Georgia Florida Alabama Mississippi Louisiana .' Texas Arkansas Kentucky Tennessee Ohio Indiana Illinois Michigan "Wisconsin Iowa Minnesota Missouri Kansas Nebraska Colorado California Oregon Arizona North Dakota.. South Dakota... Montana New Mexico Utah Washington Total. $102,174 535,852 47, 622, 911 497, 485 3, 093, 211 82, 913 380, 367 1,517, 894 410, 643 553,316 326,162 983,150 111,201 217, 591 653,498 2,829,638 374, 635 306,191 4,089,025 1,377,407 1,511,504 691, 982 2,847, 780 469, 995 4, 255, 580 3,205,999 10, 047, 735 1, 080,587 493, 535 409,887 14, 941, 567 184, 440 75, 629 148,139 291,125 76, 637 70,155 345,110 241, 259 $46,895 738, 355 60, 227 1, 618,164 24, 296 31,614 1,496 43, 559 52,924 154,325 51,491 180 2,321 1,167 145,995 99,148 319,017 4,629 57,043 5, 258,838 4,607 218, 664 62,211 26, 644 6,148, 719 12, 729 515 33,618 62,164 11 1Q7,453, 889 15, 281,566 87, 900 120, 282 064,928 179, 566 129, 694 353,914 329, 712 598,465 8,687 50,232 187,849 54, 248 714, 621 36, 750 5,159, 632 417, 300 3, 287,307 2,367 30, 314 333, 963 361,596 29, 970 450,194 536, 396 264, 321 16,482, 207 11,141,299 $2, 336,956 7, 641, 773 241,641,977 9, 279, 873 54,716,604 2, 267,214 4,460,860 22, 861, 522 5, 633, 861 6,622, 836 4, 049,796 10, 839, 321 1,862, 347 2,173,925 9,941,978 11,230,184 1, 354,196 3, 266,084 52,281, 624 12, 869, 014 27,958,547 8,408,427 24, 235,155 7, 830, 526 45,918,107 21, 769, 741 35, 817, 493 88, 781,684 15,010, 785 22,451,289 5, 094, 340 118, 320,048 2, 293, 291 718, 299 1,992, 205 3,986, 919 850, 241 337,361 2, 726, 628 4,152, 111 905,994,142 LOAN AND TRUST COMPANIES. Maine New Hampshire Massachusetts Ehode Island Connecticut New York New Jersey Pennsylvania Delaware District of Columbia. Illinois Iowa Minnesota Missouri Total. 3,629,895 8,590, 686 75, 271, 807 14,805, 657 5, 297,772 280, 688,768 7,290, 221 91,112, 442 1, 348,472 4,936,836 18,495, 380 13,599, 932 4, 881, 670 6, 678, 664 536,628,202 EEPORT OF THE COMPTROLLER OF THE CURRENCY. 239 AND TRUST COMPANIES IN THE UNITED STATES, 1890-'91—Continued. LIABILITIES. Capital stock. $1,049,602 2, 340, 000 31,370,700 1, 656, 666 8,411, 200 680,000 1, 303,150 5, 775, 660 969, 225 1,848,722 1,342, 948 3, 731, 506 584, 300 814,400 3,268, 095 2,620,200 475, 240 1,130,458 17,902,795 5,016, 974 4, 842,730 2,486,183 4,135, 500 2,147,800 5,161, 200 6,460,898 8, 111, 000 16,730,036 5,782,490 9, 034, 260 1, 370, 500 42,564, 010 813, 825 325,200 728,000 1,755, 338 265, 000 100,000 1,444, 210 2,014,820 208,564,841 Surplus. Other undivided profits. $149, 328 $37,370 256,908 365, 000 13,579,002 10, 035,433 .230, 377 727, 582 1,130,453 3,156,529 13,993 292,453 109, 648 335, 000 523,941 1,393, 637 165, 422 325,400 130, 024 313, 556 192,089 115,158 389, 388 652,030 26, 674 22, 792 49, 843 120, 674 453, 585 314,932 362, 76*7 640, 064 100, 022 52, 505 211, 200 167, 503 5, 014, 240 1,118, 404 546, 682 701, 988 777, 398 453,189 420, 850 167, 886 1,559,725 529,381 357, 815 249,189 2,261, 630 834,100 7,450,952 603, 390 566, 228 127,433 16, 621,594 26, 510 43,290 89,844 77,656 15,000 64, 013 123,169 $3,128 11, 792 71, 065 10, 415 27, 618 30, 825 9,851 3, 962 8,783 29,587 8,577 27,069 19, 700 398, 307 15,904 7,005 34,115 1,119 39, 665 544,026 600,122 133, 849 10,356 3,308 23, 934 45, 985 16, 290 395 252,389 52,444 7,100 77, 498 91,919 99,865 108,499 2, 640, 558 512, 982 254,147 6, 724, 030 268, 587 5,349, 092 31,173 127,513 676, 892 237, 577 60,733 110, 534 709,830 Debenture bonds. 178, 200 4, 028, 050 9,890 4,718,149 186, 000 8, 707, 451 49, 200 1, 040, 500 79,292, 889 38, 412,197 17,091, 648 18,907,550 $13, 250 2,570 8,064 1,351,073 60,006, 623 21,109, 910 822,900 59, 300 1,580,500 170,481 7, 050, 000 2, 709,962 2,164,400 50,000 1,036, 600 179,581 26,387,000 25,800, 304 1,510, 840 113, 301 24,374, 821 7,354, 657 500, 000 50,000 2,883,810 3,950, 000 1,102, 200 2,388, 650 364,825 2,697, 968 417, 086 1,995,400 40,500 State bank Dividends unpaid. notes. Deposits, $985, 318 $77, 738 4, 053, 301 (523,994 165,127, 840 16, 516, 253 6,070, 233 - 225,745 41,226,946 427,504 1,171, 026 81,149 2, 555, 820 129, 624 13, 943, 253 614, 504 3, 899, 725 218,511 3, 741, 329 228, 766 1,737, 764 145, 565 4,121, 013 584, 506 944, 031 27, 286 762, 691 308, 844 4,215,138 1, 036, 268 9,914 7,519, 792 8,042 702, 533 92,286 1, 624,166 25, 065, 561 % 095, 974 354, 633 5, 971,126 369, 487 21,194,856 40, 759 5,160,731 1,181, 880 16,572,986 126,058 4, 873, 324 37, 304, 842 1,153, 747 12,960, 212 23,180, 213 1, 596, 926 60, 790,192 2, 778,365 6, 880, 687 320, 590 9, 587, 075 408, 037 3,416,195 2,640 51, 611, 788 6, 688,128 1, 368, 306 37,763 297, 634 15,931 1, 050,197 . 20,966 1,680, 938 24,765 430, 286 52,511 230,261 1, 090, 971 36,934 1,516, 712 163,410 $21, 222 5, 004,685 357,478 292,907 18,178 579,702 45, 727 356,477 507,489 1, 331,291 257,264 117,473 653,960 41, 801 15, 854 40,471 666, 643 261,707 313, 882 97, 903 255,683 75,221 36,688 2, 348,631 704, 516 1,032,139 869, 246 2, 252, 259 19,789 843,528 507 19,954 103,198 195,833 35, 000 13 002 242, 081 1 2 3 4 5 6 7 g 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 °9 29 30 31 32 33 34 35 36 37 '}« '-?0 40 556, 637,012 38, 826, 003 20, 029,389 2,126,850 2,409, 644 56, 380,145 560 12,072, 714 3,553,441 1,536 211, 320, 274 4,646, 315 1,672 59, 738 45,989,508 633, 925 1, 477, 816 11,190,976 1,161,564 1 524 196 842, 712 10, 000 83,396 D u e to Other other banks liabilities. 355, 330, 080 45,223 287, 667 293,512 6,491,142 5,001 272,467 147,144 145, 016 1, 574, 722 22, 604 3, 596 5,739,011 602, 362 7,839, 610 133, 374 311, 697 590 717, 261 193, 220 2, 685, 223 2, 210,772 25, 299, 670 1 2 3 4 5 6 7 9 10 11 12 13 14 to ABSTRACT OF EEPORTS OF CONDITION OF STATE BANKS, 1872-73 TO 1890-'91. O ^Resources: Loans and discounts Overdrafts United States bonds Other stocks, etc D u e from b a n k s Real estate, etc Other resources Expenses Cash items Specie Legal tenders, etc Total Liabilities: Capital stock Circulation Surplus Undivided profits Dividends unpaid Deposits D u e to b a n k s Other liabilities Total 1876-77. 1877-78. 1878-79. 1879-'8O. 1880-'81. 1881-'82. 592 b a n k s . 475 banks. 616 banks. 620 b a n k s . 652 b a n k s . 672 banks. $178, 983,496 * 348, 604 869,144 19, 364,450 23, 096, 812 8, 561, 224 6, 863, 083 1, 559,404 9, 059, 547 1, 926,100 27, 623, 988 $266, 585, 314 516, 565 929,260 23, 209, 670 25, 201, 782 12, 609,160 6, 442, 710 1, 211, 416 9, 816, 456 2, 319, 659 34,415, 712 $169, 391,427 319, 959 2,150, 880 19, 398, 287 25,107,149 11,092,118 10, 694, 390 914, 726 7,320,845 3, 041, 676 28, 480, 374 $191, 444,093 447, 302 7, 739, 203 21, 916,024 22,169,065 14,264,835 9, 221, 760 801,005 8, 767,391 1, 979, 701 37, 088, 961 272, 338, 996 278, 255, 852 383, 257, 704 277,911, 831 315, 839, 340 354,904,486 | 418,956,060 438, 834,173 £2 532 432 707 205 290 961 604 357 69,084,980 177, 653 6, 797,167 9, 002,133 83, 722 165,871,439 10, 530, 844 10, 791, 058 80,425, 634 388,397 7, 027,817 10,457,346 393,419 157,928,658 13, 307,398 8, 327,183 95,193, 292 388, 298 7, 983, 996 11, 693, 064 324,176 142, 764. 491 10, 348,911 9, 215, 603 104,124, 871 389, 542 16, 667, 574 5, 666, 221 501, 831 166,958,229 13,093,069 8, 438, 003 90,816,575 283,308 18,816,496 6,721,615 474,567 208,751,611 18,462,707 10,577,607 92, 922, 525 274.941 20, 976,167 7, 943. 466 567,171 2G1, 302, 303 18, 870, 466 16, 039, 021 91, 808, 213 286, 391 23,148, 050 8, 902, 579 481, 858 281, 835, 496 18, 262,172 14,109, 414 PC 237,402, 088 272, 338,996 278,255,852 277,911, 831 315,839,340 354,904,486 i 418,956,060 438,834,173 1872-73.* 1873-74. 1874-75. —banks. —banks. 551 banks. $119, 332, 341 237,104 1, 544, 296 9, 617, 667 12, 605,100 3, 269, 233 944,079 886, 348 18, 977, 324 3, 020,139 8,447, 776 $154, 377, 672 212,772 1, 961,447 16, 437, 815 19, 050, 046 5, 372,186 1,164, 999 1,284,344 10, 434, 018 1, 980, 083 25,126, 706 $176, 308,949 377,297 344,984 23, 667, 950 19,851,146 9, 005, 657 4,909,190 1, 353,066 8, 624, 086 1,156,456 26, 740, 215 178, 881, 407 237,402, 088 42, 705, 834 174. 714 2,109, 732 10, 027, 668 33,492 110, 754, 034 8, 838, 355 4, 237, 578 59, 305, 153, 2, 942, 12, 363, 337, 137, 594, 14, 241, 10, 463, 178,881,407 1875-76. 383, 257, 704 $206,821,194 $250,819, 420 1,335,310 528, 543 12.048,452 7,142, 532 24; 904, 903 17,117,117 4G, 657, 328 36,180,435 13, 914, 238 14, 227, 927 10, 542, 266 5, 801, 796 965, 327 , 878,696 16,900,325 11,176, 374 n I 17, 071, 445 6, 201, 617 23, 797, 046 48, 828, 255 i j ! ; $272, 520, 217 1,196, 369 8, 739,172 19, 780, 527 49, 919,183 13, 037, 939 12, 306, 578 999, 944 18. 546, 073 17, 201, 489 24, 586, 682 c H O o t * Iu compliance with House resolution, making it one of the duties of the Comptroller of the Currency, the Annual Report for 1873 contained the first report of State and savings banks made to this office, and was the first call of that character ever made upon State by Federal officer. o ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS, 1872-'73 TO 1890-'91—Continued. Hi 1882-'83. 1883-'84. 1884-'85. 1885-'86. 1886-'87. 1887- 88. 1888-89. 1889-'9O. 1890-'91. 754 b a n k s . 817 b a n k s . 975 b a n k s . 849 b a n k s . 1,413 b a n k s . 1,403 b a n k s . 1,671 b a n k s . 2,101 b a n k s . 2,572 b a n k s . Resources: H^ O5 Loans on collateral security other than real estate Loans and discounts Overdrafts United States bonds State, county, and municipal Railroad bonds and stocks Sank stocks Other stocks, bonds, etc Due from banks Real estate, furniture, etc... Other resources Expenses Cash items Specietenders, • etc Legal Total Liabilities: Capital stock Circulation Surplus Undivided profits Dividends unpaid Individual deposits Due to banks Other liabilities Total. $322, 358, 227 1,392,961 5, 287, 606 $331, 049, 510 1, 262, 725 2, 337, 705 $347,880, 520 1,349, 998 2, 994, 806 32, 644, 859 59, 062, 405 15, 873, 312 5,791, 111 » 1,130, 883 25. 972, 922 29, 867, 724 30, 994, 221 $331,183, 626 1,169, 388 4, 392,421 22, 083, 304 58, 709, 516 13, 592, 791 9,943, 706 918,403 35.118, 379 17,429, 817 25, 302, 316 31,452, 019 48, 836, 689 15, 058, 411 7, 671, 876 1, 025, 237 28, 219, 414 25, 376, 565 28, 787, 615 512,137, 026 521, 077, 766 553, 562, 761 528, 695, 920 102, 454, 861 187, 978 25, 762, 738 11, 287, 623 442, 652 334, 995, 702 20, 651, 930 16, 353, 542 110, 020,351 " 177,554 31, 483, 942 12, 718, 894 473, 735 325, 365, 069 27,125,108 13, 712, 513 125, 258, 240 98,129 30, 669, 575 11, 574, 736 493,926 344,307, 996 29, 950, 453 11, 209, 706 512,137, 026 521, 077, 766 553, 562, 761 $435,854,364 2, 395,610 2, 530,156 27,194, 693 30, 544. 699 49, 747, 429 64,774;881 14, 605, 853 20, 475,102 8, 224, 886 15, 237, 643 1, 047, 782 2,123, 672 51, 668, 218 24, 734, 684 I 110,845,718 14, 726, 940 $31,128, 369 $34, 266, 559 $37, 247, 244 $432, 002, 663 2, 001,781 2, 097, 634 97, 583,192 376, 623, 827 3,071, 724 3, 051, 722 77, 806, 469, 397, 5, 063, 1, 313, 917 745 263 757 78, 509, 230 507, 461, 243 4, 044, 702 1,100, 307 34, 787, 037 58, 778, 206 20, 246, 654 14, 710, 237 1, 768,158 983,802 320,422 310, 668 33, 709, 278 79, 819, 380 25, 255, 437 8, 940, 828 2, 026,800 2,447, 030 675, 444 482, 987 35, 030, 006 86, 010. 062 27,189, 697 7, 760, 635 2, 602, 607 2,156, 065 595, 572 420, 850 37, 529, 420 82, 531'530 28. 791, 441 15, 281, 566 2, 865, 083 105, 314,947 133, 210,164 120, 765, 422 107, 453, 889 684,781, 845 671, 707, 317 796, 035, 613 870, 812,131 905, 994,142 109, 611, 596 103, 430 27, 813, 508 10, 095, 760 430, 699 342, 882, 767 27, 800, 280 9, 957, 880 141, 000, 377 228, 956 38, 519, 720 14,452, 490 749, 749 446, 560, 022 32, 445, 414 10, 825,117 154, 931, 868 148, 434 41^ 374, 468 15, 510, 620 1, 045, 459 410, 047, 842 34, 538, 942 14,109, 684 166, 651, 582 120,161 48, 030, 464 16, 810, 573 762,838 507, 084, 481 43,167, 031 13, 408, 483 188,737, 307 120,148 51, 937, 077 21, 823, 544 781, 819 553, 054, 584 37, 016, 371 17,341,281 208, 564, 841 110,534 60, 006, 623 21,109, 910 709, 830 556,637,012 38, 826, 003 20, 029, 389 528, 695, 920 684, 781,845 671,707, 317 796, 035, 613 870, 812,131 905, 994,142 O W H Q O H O SI o w d 242 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF R E P O R T S OF CONDITION OF T H E MUTUAL AND STOCK EESOUECES. Location. Loans on ! No. of | banks. Loans on collateral Loans and security discounts. real estate. other than real estate. Date of report. Overdrafts. MUTUAL SAVINGS BANKS. Maine New Hampshire. Vermont Massachusetts... Ehode Island Connecticut New York New Jersey Pennsylvania* Delaware* Maryland District of Columbia. West Virginia * Ohio Indiana "Wisconsin Nov. 1,1890 Sept. 30,1891 June 30,1891 Oct. 31,1890 Nov. 18*1890 Oct. 1,1890 Jan. 1,1891 do Dec. —,1890 June 30,1891 June 30,1891 do July 9,1891 June 30,1891 Oct. 6,1890 Oct. 31,1890 July 6,1891 Total. 54 $6, 924, 058 $5,415, 516 $1,769, 644 73 31, 732,150 6, 287, 308 7,286,081 ! 20 9, 941, 661 493, 022 1,406,688 179 143, 353, 045 13, 527, 703 93,919,782 j 38 26, 055, 232 4,114,145 7,978,406 86 46, 860, 898 8, 844, 901 3,545,852 124 258, 326,578 11,066,165 26 13, 535, 683 2,125, 422 13 15,171, 797 6, 875,142 2 3,055, 844 211,918 20 5, 020, 208 3, 592, 858 483, 650 1 401, 619 200, 812 1 143, 077 24,237 4 6, 570,894 2,894,200 5 2, 502,133 235, 664 1 68,264 647 569,594,877 65, 673, 349 116, 694, 031 STOCK SAVINGS BANKS. Vermont Pennsylvania* . Maryland West Virginia* North Carolina. South Carolina* Georgia* Florida* Alabama* Louisiana Texas * Tennessee* Ohio* Illinois Michigan Iowa * Minnesota Nebraska California New Mexico Utah Washington*..Total Total all savings banks. June 30,1891 ....do ....do ....do ....do ....do ....do do ....do ....do ....do ....do ....do June 1,1891 Sept. 25,1891 June 30,1891 July 9,1891 June 30,1891 July 1,1891 Jan. —1891 July —, 1891 July 9,1891 June 30,1891 14 2, 793, 428 860,964 331,760 50,260 123, 248 510,148 380, 889 127,710 24,553 262, 643 2, 250, 375 93,490 303, 215 1,178, 615 666,114 682,152 574, 768 292, 077 1, 296 172,440 123,531 1, 075, 799 124,392 52,711 12,677 1, 205, 093 51,794 118, 038 2,960, 254 671, 001 334, 858 5, 346,125 1,147,258 1, 111, 362 26,445, 542 14, 696, 769 6, 539,358 19, 346,586 21, 225, 963 * 5,'593,'888*" "i,"i06,"036 3, 213,715 351,385 89, i'25,4i2 182,839 2,198,376 245, 061 1,095,904 239,985 364 117, 989,100 1,011 687,583,977 * Unofficial. 6,982 150 2,049 2,665 13, 274 24,993 114,456 * 4,328 3,964 63,357 50,002 28, 005. 804 81,440, 014 286, 254 93,679,153 198,134,045 286,254 REPORT OF THE COMPTROLLER OF THE CURRENCY. 243 SAVINGS HANKS IX TILE UNITED STATES, 189IV91. RESOURCES. TJ. S. bonds. $128,750 1, 430, 450 2, 451, 000 902, 819 113, 462, 960 6, 361, 772 4, 586, 295 7, 026,700 2,025, 000 108, 400 138, 484,146 800 36, 695 115, 000 50,OtO State, county, municipal, etc., bonds. Railroad bonds and stocks. Bank stocks. $15,843,767 $12, 258,433 8, 298, 422 8, 916, 711 4,110,729 42, 083, 372 34, 734, 233 7,693, 522 8,756, 399 25, 900, 966 23,646, 830 178, 881, 399 $2, 696, 543 2, 671, 453 216*030 28,120, 754 4,294,047 6, 389, 323 17,452, 812 16,491, 396 49, 824 91, 000 11, 621, 987 87, 500 500 593,718 160,800 204, 715 9, 393,191 58, 251 200, 318 ' 312, 823,494 114, 401, 908 1,458, 013 3,000 74,950 35, 650 5,000 258, 053 6,800 25, 000 ""i,'655,"24l' 93, 272 782, 899 1, 255, 335 112, 699 557, 624 1, 824, 996 1, 065,411 200, 291 678, 397 2,000 985 1,035,903 188,445 3 203 $125, 949 1,555 144, 695 52, 375, 769 25, 045, 654 146,680 11, 500 19, 216 238, 085 240,195 161, 765 60, 813 11,891 19,999 65,851 69,157 45, 027 6,390 36,301 168,891 1,620,553 4,771, 073 6, 297, 519 59, 835 391,462 50, 768 1,666 4,736 68,161 66,135 13,171 24,949 750 36,556 25,029 112, 681 183,012 978,595 16, 754 438, 933 18, 361, 417 15,192 40,000 136, 544 1, 014, 292 589,474 2, 640,471 226,850 87, 655 2, 535,190 35,637 38,735 9, 081 209,960 216,410 84,402 352, 573 88,402 92 9,704 34, 321 25, 011,231 18,285,113 5, 392, 578 669,913 45, 038, 830 107, 963,932 70,660, 882 30, 438, 232 971, 266 123, 600 93, 548 13, 000 4, 272, 570 317, 800 2,188 36, 366, 306 82, 952,701 5,000 1,589,913 45, 974, 526 10, 909, 252 44, 711, 013 217,286 900,345 7,455, 214 1 • 2 3 4 5 6 7 8 $1, 050,675 908, 323 207,952 4,048, 068 2,153,714 3,837, 034 8, 602,985 1 062 268 9,174, 670 82, 755 7,050 36,685 320, 278, 708 115, 991,821 2, 595, 805 $1,169,018 563,069 10, 089, 220 268, 945 14,470 43,132 139, 267,045 $3, 797, 743 8, 485, 242 355, 341 32,607 9,034 1,149, 272 530,121 17, 840 155,415 365, 050 115,154 100, 200 All other Due from Real estate, Current bonds and other b a n k s furniture, expenses and and taxes and stocks. bankers. paid. " fixtures, 327,817 99,'in" 50,940 1,059,047 15, 643 18, 985 38,359 110, 021 1,000 214, 261 169,101 3, 824, 661 163,171 ]8, 064 10, 825 9 10 11 12 13 14 15 16 301, 353 21, 810 4, 862 960 1,309 17,801 8,531 2,326 17, 252 6,593 11, 089 24,753 177, 716 256,422 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 21 22 244 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF REPORTS OF CONDITION OF MUTUAL AND STOCK SAVINGS RESOUECES. Location. MUTUAL SAVINGS BANKS. Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania* Delaware* Maryland District of Columbia West Virginia* Ohio Indiana "Wisconsin Total. Cash and cash items. Other LIABILITIES. Total. Capital stock. Surplus. j | $1,051,862 336,811 168,071 602,843 I 996,313 j 2,994,351 8,433,656 1,339,738 2,090,567 22,708 472,762 6,346 2,200 276,601 107,462 1,157 18,903,448 $50, 901,527 76, 091,519 17, 303,544 372,476, 568 67, 518, 278 123, 432, 832 667, 865, 396 35,532, 796 66, 995,999 4,018,958 39,750,391 730,884 180,033 23,759, 342 3,941, 223 97, 779 $1,954,501 2, 396,368 564,876 12,065,104 8,635,326 1,550,597,069 120,817,613 67,572 567,098 160,750 509,858 6,747, 821 198,661 6,475 59,977 202,660 21,020 148 4,177,383 89,741, 231 2,950, 303 5,796,860 361,371 465,404 1,965 76,000 266, 247 STOCK SAVINGS BANKS. Vermont. Pennsylvania* Maryland West Virginia* North Carolina South Carolina* Georgia* Florida* Alabama* Louisiana Texas* Tennessee* Ohio* Illinois Michigan Iowa Minnesota Nebraska California New Mexico . Utah. Washington* 56, 830 176, 949 ! 47,174 39,430 5,583 313,971 66,248 16,316 49,740 147,601 56,264 322, 291 208, 648 3, 080, 306 2, 509, 640 198, 948 106,168 i, 061, 817 26, 622 175, 687 150,792 Total 10,817,025 Total all savings banks 29,720,473 75,036 6,272, 075 5, 734, 992 1,811,542 443, 072 3 334,383 26,331 4, 056, 615 1,036,854 2,622 310,314 70,612 419,021 1, 618,880 859, 509 1,978 2, 657,192 302 12,969, 048 33,747 | 38, 656, 204 55, 595, 274 "b, 258," 583*! 26,484,546 6,612 ] 8, 233, 345 8,871 ! 4,487, 515 329,339 ! 126,218, 092 318, 228 856 I 3,050,513 52,233 I 2,352, 786 5, 867,125 $654,450 1,113,900 413,870 50, 000 40,000 324,727 269,200 80, 000 150,000 100, 000 122,460 611,000 1,843,400 4,997, 000 7,065,000 4, 565, 500 225, 000 790,300 7,106,403 80, 000 727,287 776, 630 389,157 88,140 16,000 5,032 154,750 36,019 14,934 101,580 141,487 884,2-29 1,646,854 1, 329,826 160,000 45, 292 3,974, 747 6,150 183,788 46,500 303, 920,000 32,106,127 9, 224,485 14,502,451 1,854, 517, 069 32,106,127 130,042,098 • Unofficial. REPORT OF THE COMPTROLLER OF THE CURRENCY. 245 BANKS IX THE UNITED STATES, 1890-'91—Continued. LIABILITIES. Other Individual undivided Dividends deposits, unpaid. profits. not savings. $1,092, 251 4,139,476 445, 717 6, 329, 319 3, 757, 713 2,759,072 $47,781,166 69,531,024 16, 269, 265 353. 592, 937 63; 719,491 116, 406, 675 574,669,972 32, 462,603 59, 810, 529 3, 602, 469 38, 045, 752 703, 266 175, 541 21, 915,189 3,552,099 94, 687 1.361, 311 55,118 1,183, 290 27, 618 2,527 368,148 114,476 3,092 21, 639,128 152,141 143,458 36,059 3,906 6,768 169,836 38,121 9,099 13,963 97,802 87,388 71,889 392,734 974,951 1,628,496 80,380 90, 088 J l , 402,332, 665 $1,642 12,688 185 354 192 $1, 652,468 378,280 97,907 8,335 65, 553 149, 353 39, 585 128,480 280 560 1,427 351, 349 442, 640 13, 768, 014 13,711, 374 1,654 1,178 71,024 106,986 4,176,267 25,815,395 Savings deposits. 333,140 556, 017 19, 364 19,364 31,746, 393 5,351, 038 2, 340,364 870, 845 199, 899 264, 348 3, 286,155 477,487 181,630 65,816 1,420, 798 384,183 1, 445, 834 9, 342, 897 16, a62, 302 29,887, 761 20, 821,495 7, 688, 677 3, 508,751 114,164, 523 165, 426 1,682, 040 834, 815 Other liabilities. $340. 02 418.19 293.26 326. 24 483.99 380. 58 388.86 259. 55 261.80 215.05 287.60 68.73 35.84 407.26 238. 65 130.42 5,727, 014 3,948,528 355.15 114,446 14, 003 3,502 74,411 9,546 37,158 24,318 17,225 ' 7, 858 2,719 4,996 15,834 17, 494 2,533 1,078 1,770 4,366 4,309 11,169 25, 073 161,103 150,326 157,146 30, 391 26, 896 1136,497 11,062 7,984 6,850 310.65 297.83 320.28 40.01 45.31 187.84 188. 50 168.49 37.18 325.42 89.16 129.44 372.62 267.78 198.82 364. 35 252.99 130.45 836.39 155.76 210.41 121.87 :6, 584 44, 065 11, 880 1,400, 005 8,401 80,000 8,158 764 18,244 42,064 Averag deposit 140,521 166, 264 55,477 1,083, 817 131,652 305,863 1,477, 819 125, 073 228,454 16,752 132,285 10,231 4,898 53, 812 14,884 726 $73,009 24, 651 23, 686 489, 208 4,490 89,702 I, 454,163 119, 890 27,299 80,649 Number of depositors. 2,132 5,599 31, 782 100, 000 28, 776 24,469 10, 075 481,499 1, 097, 551 79, 288 20, 987 037, 904 65,474 47,545 56 220, 747, 084 i 2, 685, 576 3,214, 704 584,689 377.54 8,941, 718 4, 533, &17 358.04 31, 746,393 1,623,079,749 Due to other banks. 6,857 38, 119 897, 008 1,489, 891 30, 443 34,515 2,766,225 t Partially estimated. 24G REPORT OF TTIi: COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OK SAVINGS BANKS FROM 188t>-'87 TO 1890-'9.1. 1886-'87. Resources and liabilities. 684 banks. Resources. $457,441,6G6 Loans on real estate 145,553, J 35 Loans on personal, etc., security 37, 904, 817 Other loans and discounts 90,125 Overdrafts 180,248, 754 United States bonds State, county, and municipal bonds. 215,764,815 74, 408, 931 .Railroad bonds and stocks 40, 067, 680 Bank stocks Other stocks, bonds, and mortgages. 50, 684, 227 Due from other banks and bankers 55,109, 727 Real estate, furniture, and fixtures 29, 639, 750 Current expenses and taxes paid... 1,761, 450 18, 005, 235 Cash and cash items 70,980,412 Other resources 1887-'8 801 banks. 1888-'89. 1889-'9O. 1890-'91. 849 b a n k s . 921 b a n k s . 1,011 b a n k s . $501, 067, 089 $567, 373,144 $634, 229, 417 ]G5, 177, 626 160, 816,153 70, 227, 806 76, 909,500 74, 551, 588 182, 091, 574 158, 201 813, 211 303, 316 183, 527, 275 158, 923, 630 148, 532, 828 287, 449,125 280,139,464 303, 919, 560 81), 715, 358 101,443, 381 110,405, 678 41, 196,166 42, 263, 654 43, 735,762 54, 661, 636 101, 819, 419 111, 575,177 57, 103,157 61, 534,576 65,126,477 28, 989, 343 29, 652, 572 30, 211, 272 475, 407 593,924 753, 963 29,928, 532 30,147, 978 21, 565, 317 12,758, 967 11, 940,849 11,356,193 $687,583, 977 93, 679,153 198,134, 045 286, 254 139, 267,045 320, 278, 708 115, 991, 821 45,038,830 107, 963, 932 70, 660,882 30, 438, 232 971,266 29, 720,473 14,502,451 1,377,660,724 1,519,936,049 1,622,612,215 1,742,617,001 1,854, 517,069 Total. Liabilities. 16, 350, 321 10, 090, 866 23, 311,848 26,401, 035 32,106,127 Capital stock 119, 695, 310 109, 636, 940 127, 225, 533 133, 762,883 130,042, 098 Surplus fund 23, 059, 342 7, 204, 933 19, 845, 228 22,774, 766 25, 815, 395 Other undivided profits 37, 488 193, 386 44,696 19, 364 123, 298 Dividends unpaid 1,235,736,069 1,364,196,550 1,425,230,349 1,524,844,506 1, 623, 079,749 I n d i v i d u a l deposits (savings) 19,160, 976 31,746,393 25,179,450 Individual deposits (not savings) . 90. 788 1, 054,810 992, 323 2,766,225 1, 996,161 D u e to other b a n k s and b a n k e r s . . . 4, 649, 372 5, 600, 598 6,801, 262 8,941, 718 7, 534, 902 Other liabilities 1,377,660,724 1,519,936,049 1,622,612,215 1,742,617,001 1,854,517,069 Total TABLE SHOWING BY STATES, THE AGGREGATE DEPOSITS OF SAVINGS BANKS, WITH THE NUMBER OF THE DEPOSITORS AND THE AVERAGE AMOUNT DUE TO EACH, IN ; 1889-'9O AND 1890- 91. 1889-'9O. States. Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia West Virginia North Carolina South Carolina Georgia Florida .Alabama Louisiana Texas Tennessee Ohio Indiana Illinois Michigan Wisconsin Iowa Minnesota Nebraska California Montana New Mexico Utah Washington N u m b e r ot depositors. A m o u n t of deposits. 1890-'91. Average to each depositor. 132,192 159,782 65, 759 1, 029, 694 127, 898 294, 896 1, 420,997 117|853 221,613 16, 000 *323, 814 12,534 6,230 4,043 *21, 855 *43,876 467 $43,977, 085 05, 727, 019 19, 330, 564 332, 723, 688 60, 479, 707 110,370,962 550, 066, 657 . 30,946,878 65, 5S2. 943 3, 603; 531 35, 924, 111 1,303,717 300, 228 209,363 3, 274,440 2, 637, 648 85,462 $332.68 411. 35 293. 96 323.13 472. 88 374. 27 387.10 262.58 295.93 225. 22 290.15 104.01 48.19 51.78 149. 82 60.12 183. 00 3,421 1,182,482 345. 65 3,650,940 13, 577 *73, 335 " 28,143, 263 3,078, 608 13,062 11,193, 401 42,170 27, 237, 582 124,664 67,539 615 16,336,787 *44,838 5, 845, 209 21,017 2,632,970 18, 558 98,442,007 *124,967 344, 599 3,233 109, 407 418 1,512,580 *9,881 523,129 5,634 121. 60 383. 76 235. 69 265.43 218.49 109. 81 364.35 278.12 141.19 787.74 106. 59 261.74 153.08 92.85 Total 4,258, 893 1, 524, 844, 506 358. 04 • P a r t i a l l y estimated. N u m b e r of depositors. A m o u n t of deposits. Average to each depositor. 140, 521 166, 264 72,702 1,083,817 131,652 305, 863 1, 477, 819 125,073 236,312 16,752 135, 004 10,231 9,894 *5, 834 17, 494 2,533 1, 078 1,770 4,366 4,309 11,169 78,885 14, 884 *61,103 150,326 726 *57,146 *30, 391 26, 896 *136,497 $47, 781,166 69, 531, 024 21, 620, 303 353, 592,937 63, 719,491 116,406,675 574, 669, 972 32,462,603 62,150, 893 3, 602, 469 38,916, 597 703,266 375,440 264, 348 3, 286,155 477,487 181,630 65, 816 1,420,798 384,183 1,445,834 31, 258, 086 3, 552,099 16, 362, 302 29,887,761 94, 687 20,821,495 7, 688. 677 3, 508, 751 114,164, 523 $340.02 418.19 297. 38 326.24 483.99 380.58 388.86 259.55 263.00 215. 05 288.26 68.73 37.94 45.31 187. 84 188.50 168.49 37.18 325.42 89.16 129.44 396.24 , 238.65 267.78 198.82 130.42 364.35 352.99 130.45 836. 39 *1,062 *7,994 6,850 165, 426 1, 682, 040 834, 815 155.76 210.41 121.87 4, 533, 217 1,623, 079,749 358.04 REPORT OF THE COMPTROLLER. OF THE CURRENCY. 247 LOAN AND TRUST COMPANIES. AGGREGATE RESOURCES AND LIABILITIES OF LOAN AND TRUST COMPANIES FROM 1886-'87 TO 1890-791. Resources and liabilities. 1886-'87. 1887-'88. 1888-'89. ]889-'9O. 1890-'91. 58 banks. 120 banks. 120 banks. 149 banks. 171 banks. Resources. $16,269,993 $46,606, 390 $53, 349, 045 $56, 669, 834 $65, 072, 641 Loans on real estate Loans on pers'l and collat'l security. 36, 544, 018 175,033, 893 193, 610, 054 209, 617, 297 225, 012, 238 Other loans and discounts 143,282,819 20,060,365 44,491, 268 61.595,409 66,791, 541 12, 810 Overdrafts 24, 311 83, 957 91, 362 105, 608 United States bonds 28,787,717 22,899,766 27,193,201 24, 921,203 16,057,015 State, county, and municipal bonds 178,148 2,006,479 3,765, 747 2, 993, 365 3,828, 397 Railroad bonds and stocks 7,400, 348 15,702,430 19,352, 398 26.102,410 29,771,125 132, 651 660,468 Bank stocks 737, 312 1,230, 642 1,159, 776 Other stocks, bonds, and mortgages. 36,428, 878 31,309,770 25, 676,359 40,459, 876 43,157,008 18, 795, 503 19,791, 922 25, 084,040 33, 307, 028 Due from other banks and bankers 39,948, 373 Heal estate, furniture, and fixtures.. 11,087,272 13,951, 791 14,455, 406 16, 845, 480 17,357,290 Current expenses and taxes paid... 433,509 605,173 498, 018 568, 924 743,684 Cash and cash items 16, 822, 224 19,788, 298 25,236,526 19,861,137 16,482, 207 2,949,767 6,212,421 Other resources 7,795,152 9, 537, 369 11,141,299 319,125,657 Total. 383,653,477 441,268,483 503,801, 336 536,628, 202 53,243,510 59,445,937 70, 676, 247 24,105, 371 25,683,905 34,594,751 11, 846, 316 13,199, 209 12,-233,252 14,420, 537 16,902, 812 19, 565, 215 581,255 198, 319 271, 981 203,460 240,190,711 257, 878,114 299,612, 899 336,456,492 2, 046,965 3,013,572 5, 606,897 2,863, 248 9,197,706 19, 914, 345 23, 238,168 27, 208, 671 79,292,889 38,412,197 17,091,648 18, 907, 550 83, 396 355, 330, 080 2, 210, 772 25,299, 670 319,125, 657 383, 653,477 441,268,483 536,628,202 Liabilities. Capital stock Surplus fund Other undivided profits Debenture bonds Dividends u n p a i d I n d i v i d u a l deposits Due to other b a n k s and b a n k e r s . Other liabilities Total . 36, 355, 769 15, 841, 793 11, 351, 526 503,801,336 PRIVATE BANKS—OFFICIAL AND UNOFFICIAL. AGGREGATE RESOURCES AND LIABILITIES OF PRIVATE BANKS IN 1887, 1888, 1889, 1890, AND 1891. 1887. Resources and liabilities. 1889. 1890. 1891. 1,001 banks. 1,203 banks. 1,324 banks. 1,344 banks. 1,235 banks. Resources. Loans on real estate Loans on personal, etc., security Other loans and discounts Overdrafts United States bonds State bonds Railroad bonds and stocks Bank stocks Other stocks, bonds, etc Due from banks and bankers Real estate, furniture, etc Current expenses, etc Cash and cash items Other resources Total... $17, 588,540 63, 774, 934 24, 365,262 1, 858, 778 4,354, 656 356,234 2,904, 872 592, 991 6, 743, 050 22, 226, 065 9, 757,816 751,547 ' 15, 663,724 3,539,870 $9, 574, 069 66, 607, 009 26, 795, 379 2. 072, 386 i;718, 722 762,404 1,168,584 695,492 • 4,417, 689 20,900,891 10,110, 310 908, 572 14,827,171 3,154,578 $8, 3SB, 735 17,121, 720 65,480, 534 1,733,213 1,421,537 814, 083 470, 627 514, 770 3, 216, 823 19, 753,173 9,474,378 815,829 11,911,866 1,845,449 $10,678, 574 21, 363,819 72,922, 802 2,437,105 1, 643,560 936,491 536, 068 866, 787 3,951, 600 21, 726,466 9,812,101 960,400 14,479,550 1, 705,499 $15, 997, 251 16, 738, 321 68,180,783 2,475,025 1,509,155 908, 983 737,239 634,140 1,883,192 19, 380, 059 9,217,951 797,326 11,977,512 1,209, 081 174,478, 339 163, 713, 256 142, 961,337 164,020, 822 151, 646,018 40, 079,438 12,238,065 5,925, 835 370,055 96, 580,457 946,192 1,158, 905 5,813,151 11,566,241 40, 842,074 9,588,238 5,289,748 84,658 94, 878,842 2, 419,440 1, 064, 039 4, 901,448 4, 644,769 38,038,690 8,2»S, 516 3,555,590 67, 326 83,183, 718 693,969 563,025 3,432, 360 5,160,143 41,042, 018 9,741,183 4, 677, 667 3G, 785,458 8,993, 987 3,152, 635 99, 521, 667 902, 481 586,210 3,812, 799 3,736,797 94, 959, 727 174,478,339 163, 713,256 142, 961, 337 164,020,822 151, 646, 018 Liabilities. Capital Surplus fund Other undivided profits Dividends unpaid Individual deposits State, county, etc., deposits . . . . Deposits of State, etc., officers Due to banks and bankers Other liabilities Total 2,240,371 5, 513,840 248 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTKACT OF REPOKTS OF CONDITION OF THE RESOUECES. Date of report. Location. No. of banks. Loans on Loans on collateral real estate. New York Pennsylvania... Maryland North Carolina * Georgia Florida Alabama Texas Kentucky Ohio Indiana Illinois Michigan "Wisconsin* Iowa Minnesota Missouri* Kansas Nebraska* Colorado Nevada California* Oregon South Dakota... Idaho Montana New Mexico Utah Washington — Wyoming Oklahoma Jnne 30,1891 ....do .do . .do . .do. .do . .do . .do . .do . .do. .do. .do . .do . .do . do do May 16,1891 June 30,1891 ....do ....do July 1,1891 June 30,1891 ....do .do . .do. .do . .do . .do. .do. .do . 25 42 4 13 5 4 6 24 4 86 59 164 59 101 177 49 100 96 124 12 3 20 5 27 3 3 1 4 4 1,235 Total. $567,238 713,166 9,725 200,314 $234,804 593,929 3,500 32, 638 60,758 1, 669,181 1,400 1,861, 312 402, 218 3,062,091 516, 871 151,646 211,494 910,885 1,200 1,132, 624 292, 962 3, 882, 278 630, 788 1,581,144 2,761, 839 611,760 308,553 1,585, 612 843, 608 4, 763, 563 357,256 97,075 164,619 1,093,632 17,171 87, 955 2,654 4,000 380 106, 060 37, 031 26,466 168, 758 15,997, 251 2; ooo 343, 991 136, 391 223, 761 1,625 15,061 20,000 3,161 227,424 16, 738,321 RESOUECES—continued. Current Other expenses Cash and andtaxea cash items. resources. paid. Location. New York Pennsylvania . Maryland North Carolina5 Georgia Florida Alabama - ; Texas Kentucky Ohio Indiana Illinois Michigan Wisconsin* . . . Iowa Minnesota Missouri* Kansas Nebraska* Colorado Nevada California* Oregon South Dakota. Idaho Montana New Mexico . . Utah Washington . . Wyoming Oklahoma 101, 576 247,853 1,176 558, 543 450, 963 934, 018 384, 249 690, 005 1,436, 004 1,228,164 386, 445 647, 372 53, 762 221,813 13,200 509, 335 35,436 150,331 8,002 6,805 21, 000 189, 055 23, 962 98,885 2,443 Total. 9,217,951 $9, 309 60,064 393 8,750 2,968 18,129 39, 406 900 88,198 33, 340 121,036 23, 974 45, 726 139,779 42,684 " 88,'558" 19,846 17, 065 4,804 4,229 19,461 267 830 '""587" 159 6,627 237 $227, 885 844,553 25,464 110, 392 29,717 26, 864 116,791 387, 80S 55, 616 1, 250, 611 1,137,964 1, 982, 827 382, 697 991, 579 1,215,994 302,218 717,621 608, 890 423, 764 118,847 59, 434 542, 763 33,105 69, 295 9,350 4,549 966 129, 429 20, 261 145,461 4,715 797, 326 11, 977,512 •Official. 13,069 4,158 7,291 16, 091 249, 620 59,668 71,900 83, 949 79,369 63, 634 24,867 209, 245 23, 246 28,929 180,749 3,280 53,478 794 7,840 790 515 1,137 1,104 Total. $3, 601, 763 13, 025, 571 476,710 1, 311,101 905, 228 418,213 1,035,750 5,782, 356 568,940 13, 648, 750 12, 049, 877 22,996, 682 4,869, 989 10,304, 703 17, 854, 673 9,190, 002 8,374,277 6,889,291 6,173,550 1, 084, 391 499, 558 5,114, 318 288,788 1, 210, 760 120, 339 78,777 41,721 2,198,226 219,243 1,258,434 54, 037 1, 209, 081 151,646,018 REPORT OF THE COMPTROLLER OF THE CURRENCY. 249 PRIVATE BANKS IX THE UNITED STATES, 1891. RESOURCES—continued. Loans a n d Overdrafts. discounts. $1,660,629 8,161,332 275,216 568,654 673,618 57,646 241, 345 1, 604,435 354, 524 6,291, 851 7,073,144 7, 757,480 2, 070, 741 6, 507, 911 8, 764, 377 2, 629, 696 3,507,969 5,140,902 219,730 70,719 1.909,727 25,000 441,635 20, 039 34,064 5,583 1,394, 062 71,444 604,400 42, 910 68,180, 783 XT. S. bonds. $100,287 600 $11,127 16,372 1,481 153,282 13,444 4,583 5, 814 116, 279 2,360 96,241 141, 203 412, 666 27, 602 109, 721 393, 802 46, 905 199,826 191,826 241,924 31,739 139, 066 State, Hail road county, bonds and municipal, stocks. etc., bonds. $10, 594 14,800 Due from AU other bonds and other b a n k s and bankstocks. ers. Bank stocks. $157,111 283, 750 $10,500 23, 000 10, 500 21, 850 500 9, 065 98,146 1,052, 984 84,730 24, 368 20,140 652 80,000 26, 034 46, 549 190,180 134, 887 215,230 58, 769 23,000 30,000 22, 000 29, 380 2,640 53, 759 4,000 60,362 15,750 98,277 36, 920 45,120 22,233 18, 798 18, 693 3,000 105,554 44,535 106,060 23, 637 2,545 143,033 104, 000 14, 650 8,656 $39,938 •109, 249 38, 317 26, 256 56,196 9,320 78, 990 48,630 215,705 31,197 207,841 25,185 205,181 59,422 108,423 165,007 194,842 42, 650 6,817 9,250 162,881 3,300 24,975 86 12,122 14,577 60,723 945 260 11,556 3,152 14,096 331 225 3,000 23, 615 19 599 2,475,025 1,509,155 908,983 256 7,000 10, 000 15,528 737,239 634,140 1,883,192 $375,126 1, 790, 204 53, 982 139,456 34,066 94,629 97,853 625,310 67,466 1,488,062 1,199, 787 ' 4,165,706 614,563 1, 674, 711 2,528 432 971,291 1,426, 055 605,565 212,806 164,962 36,466 371,240 18,754 125,297 16,799 4,683 12, 261 336,962 25,321 98,844 3,401 1 2 3 4 5 6 7 8 q 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 19,380,059 LIABILITIES. Capital. Surplus. I n d i v i d u a l deposits. $26, 062 207,164 8,660 29,197 26,962 2, 240,371 $717,055 1,70 9, 229 188,897 286,770 481.650 74,003 352.000 1,55 8,972 107,500 2,70 2,943 3,00 4,646 4,63 4, 573 1,21 6,753 1,34 3,322 5,38 3,039 2,05 3,092 1,23 4,000 2,17 6,654 3,84 0,900 143,500 226, 000 1,91 8,631 98,000 511,205 2,500 35,000 16,696 320,000 100,000 317,868 30,000 $360, 997 1,039, 820 10, 655 125,160 10,000 63, 994 48, 400 153,072 13, 223 694,344 627, 801 1, 213, 919 250, 546 728, 749 1,056, 557 200, 826 611,995 373, 944 112, 960 15,875 15, 000 373,812 25,000 82, 950 6,050 5,055 $92, 744 403, 244 1,093 34, 917 27, 004 5,330 70,914 150,176 8,428 282, 659 180,178 374, 408 84, 315 2,039 585,023 277,179 754,192 17,091 2,000 29, 050 1,669 22,117 1, 384 $2, 264, 888 9, 581, 982 267,405 668, 788 293,141 269,010 502, 779 3, 579, 659 439, 789 9,330, 017 7, 827, 204 16,336, 505 3,256,409 8,041,067 10, 538, 258 4, 075, 683 6,352, 585 3,539,160 1,332,158 873,496 186,683 2, 610, 988 147,081 488,161 87,183 30,143 15, 675 1,048, 331 106, 747 848,149 20,303 36,785,458 8,993, 987 3,152, 035 94,959 727 Due to other banks, etc. Other undivided profits. 268, 613 150,250 32,264 9,035 11,414 42,064 2,577 2,547 8,398 146,451 309, 306 317,164 187,132 35,748 141, 369 63, 612 66, 416 85,197 150,208 88, 626 6,791 61,739 174, 602 7,293 23, 731 17,970 2,984 15, 903 1,427 30, 209 50 Other liabilities. $140,017 84,132 166,269 66,471 5,876 53,259 194,026 329,481 92,884 250,145 26, 218 48,157 228,184 2,516,806 90, 500 380, 712 648,656 12,405 1,101 36, 285 62,649 4,059 3,048 9,350 30,750 9,400 23, 000 5, 513,840 1 2 3 4 5 b 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 250 REPORT OF TTTE COMPTROLLER OF THE CURRENCY. REPORT OF THE CONDITION OF THE NATIONAL SAVINGS BANK OF THE DISTRICT OF COLUMBIA, AT WASHINGTON, D. C, AT THE CLOSE OF BUSINESS ON THE 25TH DAY OF SEPTEMBER, 1891. DR. CR. LIABILITIES. RESOURCES. Loans and discounts (see schedule).. $391,555. 23 Undivided profits Stocks, securities,%tc. (see schedule). 87,500. 00 Individual d e p o s i t s subject to check $486,508.71 Due from State and private banks 26, 467. 09 Time certificates of deand bankers posit 1,000.00 Other real estate and mortgages 2, 000.00 owned (see schedule) 2,187. 73 Current expenses and taxes paid Checks and other cash items (see 2,824.56 schedule) Fractional paper currency, nickels, 6.03 and cents Specie, viz: Silver Treasury certificates $450.00 Fractional silver coin.. 30.00 480!00 4, 550.00 Legal-tender notes $30, 061,93 517, 570. 64 517,570.64 Total 487,508.71 Total SCHEDULES. Loans and discounts. On demand, secured by stocks, bonds, and other personal securities On time, on mortgages or other real-estate security Total $120,689.48 270,865. 75 391,555.23 Stocks, securities, etc. District District District State of of Columbia 5s of Columbians of Columbia 3-65s Pennsylvania 4s - $50,000.00 3,000.00 24, 500.00 10, P00.00 • Total 87,500.00 The highest rate of interest paid by the bank on deposits is 2 per cent. I, Benjamin P. Snyder, president of the National Savings Bank of the District of Columbia, do solemnly swear that the above statement is true, and that the schedules on back of the report fully and correctly represent the true state of the several matters therein contained to the best of my knowledge and belief. BENJAMIN P. SNYDER, President. DISTRICT OP COLUMBIA, County of Washington: Sworn to and subscribed before me this 6th day of October, 1891. [SEAL.] Correct. Attest: WILLARD H. MYERS, Notary Public. ANDREW WYLIE, ) LEWIS CLEPHANE, > Directors. M. Gr. EMERY, ) REPORT OF THE COMPTROLLER OF THE CURRENCY. 251 REPORT OF TUP: CONDITION OF THE NATIONAL SAFE DEPOSIT COMPANY OF WASHINGTON, AT WASHINGTON, D. C.? AT THE CLOSE OF BUSINESS ON THE 25TH DAY OF SEPTEMBER, 1891. DR. CR. RESOURCES. LIABILITIES. Loans and discounts (see schedule).. $576, 609.11 Capital stock paid in United States bonds on hand (par Undivided profits 194, 950. 00 Individual deposits subject to check. value) 36,000.00 Bills payable Stocks, securities, etc. (see schedule). Due from State and private banks and bankers 215,337.63 Banking house $665, 000.00 Furniture and fixtures... 110, 5X1.07 775, 511.07 3,836.60 Current expenses and taxes paid Premium on United States bonds 38,417.32 Bills of other banks 400.00 Fractional paper currency, nickels, and cents 9.96 Specie, etc., viz: Silver dollars $200.00 Silver Treasury certificates 7,500.00 Fractional sirves-coin.. 360.00 8, 060.00 13, 500. 00 Legal-tender notes 1,862, 631. 69 Total Total $777, 550. 00 16,336. 51 818, 745.18 250, 000.00 1, 862,631.69 SCHEDULES. Loans and discounts. On demand, secured by stocks, bonds, and other personal securities On time, on mortgages or other real-estate security Total : $316,813.73 259,795.38 - 576,609.11 Stocks, securities, ete. Chesapeake and Potomac 5s '. U. S. Electric Light Company 6s Hannibal, Mo., 6s , Masonic Hall Association 5s Washington and Georgetown Railroad 6s Washington Market Company 6s $18,000. 00 1, 000.00 4,000.00 2,000.00 10,000. 00 1,000.00 Total 36,000.00 The highest rate of interest paid by the bank on deposits is 2 per cent. I, Benjamin P. Snyder, president of the National Safe Deposit Company of Washington, do solemnly swear that the above statement is true, and that the schedules on the back of the report fully and correctly represent the true state of the several matters therein contained to the best of my knowledge and belief. BENJAMIN P . SNYDER, President. DISTRICT OP COLUMBIA, County of Washington : Sworn to and subscribed before me this 30th day of September, 1891. [SEAL.] WILLAKD H. MYERS, Notary Public. Correct. Attests E. FRANCIS RIGGS, ) ANDREW WYLIE, > Directors. M. G. EMEKY, ) irr or TIN-; COMPTKOLLKK, OF THE CUKKENCY. REPORT OF THK CONDITION" OF THE WASHINGTON LOAN AND TRUST COMPANY, AT WASHINGTON, TN THE DISTRICT OF COLTTMP.IA, AT THE CLOSE OF BUSINESS ON THE 25TH DAY OF SEPTKMBFU, 1891. DR. CJJ. RESOURCES. LIABILITIES. Loans and discounts (see schedule).. $816, 892.08 Stocks, securities, etc. (see schedule) - 41, 375. 84 51,150. 24 Due from other national banks Due from State and private banks 30, 928. 72 and bankers and trust companies.. Banking house $485,454. 78 Furniture and fixtures -. 1, 074.30 Current expenses and taxes paid Vault and safe work Checks and other cash items (see schedule) Accrued interest Total Capital stock paid in Undivided profits Individual d e p o s i t s subject to check $277, 578. 01 Time certificates of deposit 203, 457. 88 486, 529. 08 Interest 10, 614. 32 32, 596.00 1 10, 712.07 14, 322.98 accrued on deposits. $939, 659.00 72, 664. 55 481,035.83 1,767.89 1 1,495,127. 33 Total 1,495,127.33 SCHEDULES. Loans and discounts. On demand, secured by stocks, bonds, and other personal securities On time, paper with two or more individual or firm names, On time, secured by stocks, bonds, and other personal securities On time, on mortgages or other real-estate security $170, 553.91 2,047.50 161, 551.21 482, 739.46 Total 816,892.08 Included in the above a r e Suspended and overdue paper awaiting rearrangement Liabilities of directors (individual and firm) as payers 18, 300.00 124, 000. 00 Stocks, securities, etc. Edison Electric Illuminating Co.'s bonds Ohio National Bank stock Washington Loan and Trust stock € hecks and other cash items : Checks and drafts on banks, etc., in this city Checks and drafts on other banks $18,000.00 192.00 21,183. 82 5, 712.07 5,000.00 Total 50,087.89 I, Vm. B. Robison, secretary of the Washington Loan and Trust Company, do solemnly swear that the above statement is true, and that the schedules on back of the report fully and correctly represent the true state of the several matters therein contained to the best of my knowledge and belief. W. 13. ROBISON, Secretary. DISTRICT OF COLUMBIA, County of Washington: Sworn to and subscribed before me this first day of October, 1891. [SEAL.] * HENRY E. COOPER, Notary Public. Correct. Attest: B. H. WAENEE, JNO. JOY EDSON, JOHN E. LARNER, A. A. WILSON, JOHN S. SWORMSTEDT, ALBERT F. VOX, LOUIS D. WINE, y JOHN HIDOUT, I WILLIAM B. GURLEY, O. C. GREEN, JOHN T. ARMS, GEO. TRUESDELL, JAS. L. BARBOUE, N. H. SHEA, Directors, REPOET OF THE COMPTROLLER OF THE CURRENCY. 253 REPORT OF THE CONDITION OF THE AMERICAN SECURITY AND TRUST COMPANY, AT WASHINGTON; IN THE DISTRICT OF COLUMBIA, AT THE CLOSE OF BUSINESS ON - THE 25TH DAY OF SEPTEMBER, 1891. DB. CR. RESOURCES. LIABILITIES. Loans and discounts (see schedule) - $1, 388,123. 64 38.02 Overdrafts 93, 500.00 Stocks, securities, etc. (see schedule) 122, 050. 07 Due from other national banks Due from State and private banks 64, 606. 35 and bankers Banking house $106,076.38 Furniture and fixtures . 5,824.07 111, 900.45 Other real estate and mortgages owned (see schedule) Current expenses and taxes paid . . . Checks and other cash items (see schedule) Fractional paper currency, nickels, and cents Specie, viz: Gold coin... $1,830.00 Silver dollars 80.00 Fractional silver coin. 1,493.70 103,245.89 5.50 1,818.18 Capital stock paid in $1,171, 660. 00 Surplus fund 25, 000. 00 Undivided profits 30,242.44 Individual deposits subject to check $396,225.78 Time certificates of deposit 75,343.74 Certified checks 55.45 . 471,624.97 Interest due depositors 1,820. 00 Bills payable, deferred payment on banking house 47, 680. 00 Liabilities other than those above stated, debenture bonds 198, 750.00 Interest due on debenture bonds 3,700.00 1.61 3,403. 70 33, 784.00 28, 000. 00 Legal-tender notes. Accrued interest Total 1, 950,477.41 Total 1,950,477.41 SCHEDULES. Loans and discounts. On demand, secured by stocks, bonds, and other personal securities On time, secured by stocks, bonds, and other personal securities On time, on mortgages or other real-estate security., Total $323,421.00 272, 834.66 791, 867.98 1,388,123.64 Stocks, securities) etc. Washington Gas-light Company Choptank Steamboat Company Chesapeake and Potomac Telephone Company bonds Claim against Chas. Early for forged mortgage *... „ Checks and other cash items * Total , „ „ ... _.,_... . $43,000.00 5,000.00 43,000.00 2, 500 00 1, 818.18 95,318.18 Other real estate and mortgages owned. Premises, storage warehouse, etc Part lot 1, square 220 „ - . •. $103,245.89 106,076.38 Total 209,322.27 I, Percy B. Metzger, treasurer of the American Security and Trust Company, do solemnly swear that the above statement is true, and that the schedules on back of the report fully and correctly represent the true state of the several matters therein contained to the best of my knowledge and belief, ^** , DISTRICT OP COLUMBIA, City of Washington: PERCY B. METZGER, Treasurer. Sworn to and subscribed before me the 2d day of October, 1891. [SEAL.J Correct. Attest: HOWARD S. REESIDE, Notary Public. W. M. BEVEREDGE, H. A. WlLLARD, JAMES E. FITCH, JOHN E. HERRELL, HENRY F. BLOUNT, W. S. THOMPSON, A. T. BRITTON, Directors, 254 REPORT OF THE COMPTROLLER OF THE CURRENCY. CANADIAN BANKS. SUMMALLY OF THE CONDITION OF THE FORTY CHARTERED BANKS OF THE DOMINION OF CANA1)AJ ON JANUARY 31, 1891. LIABILITIES. KESOURCES. Loans to the Dominion and provCapital stock . $60,084,280.59 inces $2, 382, 397. 42 Loans on collateral security other Surplus fund . 22,005, 904.35 13,248,635.60 than real estate 181, 206, 395. 55 Other undivided profits. Other loans and discounts 3,039,121.12 Overdrafts and overdue Dominion bonds 2,462,371.80 Notes in circulation. 31,662,099.50 Provincial and foreign bonds, e t c . . 6,145, 589. 83 Railroad bonds and stocks .! j Dividends unpaid Bank stocks 760. 937.42 Individual deposits Mortgages I 134,422,071.33 Due trom other banks and bankers. 18, 608, 995. 25 Real estate, furniture, and fixtures. 5, 250, 332.79 Deposits of the Dominion and Current expenses and taxes paid .. Cash on hand: 6,492, 533.96 provinces Checks and notes of other banks.. $6,131,532.61 4,397,159.22 Due to other banks and bankers Gold and silver coin 6,489,426.62 240, 560. 58 Other liabilities Dominion notes.. 10,191,153. 00 22, 812,112. 23 Excess of liabilities. 893, 679.23 434, 061. 29 Other resources Total 259, 304, 609.53 Total liabilities. 259, 304,609.53 AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL BANKS OCTOBER, 1863, TO OCTOBER, 1891. 265 256 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL APRIL. JANUARY. JULY. OCTOBER 5. Resources. 66 h a n k s . $5, 466,088.33 5, 662, 600.00 106, 009.12 Dae from nat'l and other b'ks Real pstate furniture etc 2, 625,597.05 177,565.69 53, 808. 92 2, 503. 69 Checks and other cash items. Billsof nat'l and other banks. Specie and other lawful mon'y 492,138. 58 764, 725. 00 1,446, 607.62 Total 16, 797, 644. 00 1§64. JANUARY 4. APRIL 4. JULY 4. OCTOBER 3. 139 banks. 307 b a n k s . 467 banks. 508 b a n k s . Loans and discounts XT. S. bonds and securities Other items Due from national banks Due from other b'ks an db'krs. Heal estate, furniture, etc Current expenses $10, 666, 095.60 15,112,250.00 74,571.48 $31, 593, 943.43 41,175,150. 00 432, 059. 95 $70, 746, 513. 33 92,530, 500.00 842, 017. 73 $9B, 238, 657. 92 108, 064, 400. 00 1, 434, 739.76 *4, 786,124. 58 381,144. 00 118,854.43 4,699, 479. 56 8, 537,908. 94 755, 696.41 352,720.77 15, 935, 730.13 17,337, 558. 66 1, 694, 049. 46 502,341. 31 19, 965, 720. 47 14, 051, 396. 31 2, 202, 318.20 1, 021, 669.02 Checks and other cash items. Bills of nat'l and other banks. Specie and other lawful mon'y Total 577,507.92 895, 521.00 5,018,622. 57 2,651, 916.96 1, 660, 000. 00 22, 961, 411.64 5, 057,122.90 5,344,172.00 42,283, 798. 23 7, 640,169.14 4, 687,727.00 44,801,497.48 37, 630, 691. 58 114, 820, 287. 66 252, 273, 803.75 297,108,195. 30 1865. Loans and discounts U.S. bonds and securities Other items JANUARY 2. APRIL 3. JULY 3. OCTOBER 2. 638 b a n k s . 907 b a n k s . 1,294 b a n k s . 1,513 banks. $16(5,448, 718.00 176, 578, 750. 00 3,294, 883.27 $252, 404,208. 07 277, 619, 900. 00 4, 275, 769. 51 $362, 442, 743.08 391, 744, 850. 00 12, 569,120. 38 $487,170,136. 29 427, 731,300. 00 19,048, 513.15 Due from national banks Due from other b'ks and b'krs. Real estate, furniture, etc Current exx»enses Premiums paid 30, 820,175.44 19, 836, 072.83 4, 083, 226.12 1, 053, 725. 34 1,323, 023. 56 40,963,243.47 22, 554, 636. 57 6, 525,118. 80 2, 298, 025. 65 1, 823,291. 84 76,977,539.59 26, 078, 028.01 11,231,257.28 2, 338, 775. 56 2, 243, 210.31 89,978,980. 55 17, 393, 232.25 14, 703, 281. 77 4, 539, 525.11 2, 585, 501. 06 Cheoks and other cash items Bills of nat'l and other banks. Specie Legal tenders and frac'l cur y 17, 837, 496.77 14, 275,153. 00 4, 481, 937. 68 72, 535,504.67 29, 681, 394.13 13, 710, 370.00 6, 659, 660.47 112, 999, 320. 59 41, 314, 904.50 21, 651, 826. 00 9,437, 060. 40 168, 426,166. 55 72,309,854.44 16, 247, 241. 00 18, 072, 012. 59 189, 988, 496. 28 771, 514, 939.10 1,126,455,481.66 1,359,768,074.49 Tofcil 512,568,666.68 * Including amount due from national banks. EEPOET OF THE COMPTROLLER OF THE CURRENCY. 257 BANKS FROM OCTOBER, 1863, TO OCTOBER. 1891. 1863. JANUARY. APRIL. JULY. OCTOBER 5. Liabilities. 66 b a n k s . Capital stock $7,188,393.00 Undivided profits Individual and other deposits. Due to nat'l and other banks*. 128,030.06 8, 497, 681.84 981,178.59 Other items 2,360.51 Total 16, 797, 644. 00 1804. Capital stock JANUARY 4. APRIL 4. JULY 4. OCTOBER 3. 139 b a n k s . 307 b a n k s . 467 b a n k s . 508 b a n k s . $14, 740, 522. 00 Surplus fund Undivided profits National b'k notesoutstanding Individual and other deposits. Due to nat'l and other banks*. Other items Total $42, 204, 474. 00 $75, 213,945.00 432, 827. S 1,625,656.87 1,129, 910. 22 3, 094, 330. 11 2, 010,286.10 5, 982, 392.22 30,155. 00 19, 450, 492. 53 2,153, 779.38 9, 797, 975. 00 51, 274, 914. 01 6, 814, 930. 40 25, 825, 665.00 119,414,239 03 27, 382, 006. 37 45, 260, 504. 00 122,160,536.40 34, 802, 384.81 822, 914. 86 3,102, 337.38 213,708.02 43, 289. 77 37, 630, 691. 58 114, 820, 287. 66 252, 273, 803.75 297,108,195.30 . $86,782,802.00 1865. Capital stock Surplus fund Undivided profits JANUARY 2. APRIL 3. JULY 3. OCTOBER 2. 638 b a n k s . 907 b a n k s . 1,294 b a n k s . 1,513 b a n k s . $135,618,874.00 $215, 326, 023. 00, $325, 834, 558.00 $393,157,206.00 8, 663, 311. 22 12, 283, 812.65 17, 318, 942. 65 17, 800, 307.14 31, 303, 565.64 23,159,408.17 38,713, 380. 72 32, 350, 278.19 National b'k notes outstanding 66,769, 375.00 98, 896, 488. 00 131,452,158. 00 171, 321, 903. 00 Individual and other deposits. United States deposits 183, 479, 636.98 37, 764, 729. 77 262,961,473.13 57, 630,141. 01 398, 357, 559. 59 58, 032,720.67 500, 910, 873.22 48,170, 381. 31 Due to national b a n k s Due to other b ' k s and bankers* 30, 619,175. 57 37,104,130.62 41,301,031.16 59, 692, 581. 64 78, 261, 045. 64 79, 591, 594. 93 90, 044, 837. 08 84,155,161. 27 Other items 265, 620. 87 578, 951. 37 462, 871. 02 944, 053.70 Total 512, 568, 666.68 771,514,939.10 1,126, 455,481. 66 1,359,768, 074.49 * Including State bank circulation outstanding. 11167 17 258 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL 1866. JANUARY 1. APRIL 2. JULY 2. OCTOBER 1. 1, 582 b a n k s . 1,612 b a n k s . 1,634 b a n k s . 1,644 banks. Kesources. Loans and discounts U S.b'ds dep'd to secure circ'n Other U. S. b'ds and securities Oth'rstocks, b'ds, and mortg's Due from national banks Duefrom other b'ks and b'k'rs Real estate, furniture, etc Current expenses Premiums paid Checks and other cash items. Bills of national and other b'ks Specie Legal tenders and fract'l cur'y Total $500, 650,109.19 298, 376, 850. 00 142, 003, 500.00 17, 483, 753.18 080, 526. 70 850, 300. 00 625, 750. 00 379, 738. 92 $550, 353, 094.17 320, 483,1550.00 121,152,950.00 17, 565, 911.46 $603, 314, 704.83 331,843,200.00 94, 974, 650. 00 15, 887, 490 0.6 93, 254, 551. 02 14,658,229.87 15, 436, 296.16 3,193, 717. 78 2, 423, 918.02 87, 564, 329. 71 13, 682, 345.12 15, 895, 564. 46 4, 927, 599. 79 2, 233, 516.31 96, 696, 482. 66 13, 982, 613. 23 16, 730, 923.62 3, 032, 716. 27 2,398, 872. 26 107, 650,174.18 15, 211,117.16 17,134, 002. 58 5,311, 253. 35 2,493, 773. 47 89, 837, 684. 50 20, 406,442.00 19,205,018.75 187, 846, 548. 82 105,490,619.36 18,279,816.00 17, 529, 778. 42 189, 867, 852. 52 96,077,134.53 17, 866, 742. 00 12, 629, b76. 30 201, 425, 041.63 103, 684, 249. 21 17, 437, 779. 00 9, 226,831. 82 205, 793, 578.76 1,476, 395, 208.13 1, 526, 962, 804.42 1, 404, 776, 619.29 1 Loans and discounts U. S.bdsrtep'd to secure circ'n IT. S. b'dsdep'd to sec're dep'ts U. S. b'ds and sec"ties on hand. Oth'r stocks, b'ds, andmortg's Due from national banks Due from other b'ks and b'k'rs Real estate, furniture, etc Current expenses Premiums paid Checks and other cash items. Bills of national banks Bills of other banks Specie Legal tenders and fract'l cur'y Compound-interest noteH Total.. $528, 315, 125, 17, 1,442,407,737.31 §67. JANUARY 7. APRIL 1. ' JULY 1. OCTOBER 7. 1,648 banks. 1, 642 banks. 1,636 banks. 1,642 banks. $608, 771, 799. 61 339, 570, 700.00 36,185, 950. CO 52, 949, U00. 00 15, 073, 737.45 $597, 648, 286.53 338, 863, 650. 00 38, 465, 800. 00 46, 639, 400. 00 20,194,875.21 $588,450, 396.12 337, 684, 250.00 38, 368, 950.00 45, 633, 700. 00 21, 452, 615. 43 $609, 675, 214. 61 338, 640,150. 00 37, 862,100. 00 42, 460, 800. 00 21, 507, 881.42 92, 552, 206. 29 12, 996,157- 49 18, 925, 315. 51 2, 822, 675.18 2, 860, 398. 85 94,121,186. 21 10, 737, 392. 90 19, 625, 893.81 5,693,784.17 3,411,325.56 95, 217, 610.14 8, 389, 226.47 20, 639, 708.23 5, 297, 494.13 2,764,186.35 101,430,220.18 19, 263, 718. 00 1, 176,142.00 19,726,043.20 104, 872, 371. 64 82, 047, 250. 00 87,951,405.13 12, 873, 785. 00 825, 748. 00 11, 444, 529.15 92,861,254.17 84, 065, 790. 00 92, 308, 911. 87 9,663, 322. 82 19, 800, 905. 86 3, 249,153. 31 3, 338, 600. 37 128,312,177.79 16,138, 769.00 531, 267. 00 11,128,672.98 102,534,613.46 75,488, 220. 00 134, 603, 231. 51 11,841, 104.00 333, 209. 00 12, 798, 044.40 100, 550, 849 91 56, 888, 250. 00 1, 511,222, 985.40 1,465, 451,105. 84 1,494, 084, 526. 01 1, 499, 469,060.17 JANUARY 6. APRIL 6. JULY 6. OCTOBER 5. 1,642 b a n k s . 1,643 b a n k s . 1,640 b a n k s . 1,643 b a n k s . Loans and discounts U. S.b'ds dep'd to secure circ'n U. S.b'ds dep'd to sec're dept'e U. S. b'ds and sec'ties on hand. Oth'r stocks, b'ds, andmortg's $616, 603,479. 89 339, 004, 200.00 37, 315, 750.00 44,164, 500.00 19, 365, 864. 77 $628, 029, 347. 65 339,686,650.00 37, 446, 000. 00 45,958, 550. 00 19, 874, 384.33 $655,729, 546. 42 339, 569,100. 00 37, 853,150. (JO 43, 068,350.00 20, 007, 327.42 $657, 668, 847. 83 340, 487, 050. 00 37,360,150.00 36,817,600.00 20, 693, 406.40 Due from national banks Due from other b ' k s and b'k'rs Real estate, furniture, etc Current expenses Premiums paid 99,311,446.60 8, 480,199. 74 21,125,665.68 2, 986, 893.86 2, 464, 536. 96 95, 900,606.35 7, 074, 297.44 22, 082, 570. 25 5, 428, 460. 25 2, 660,106. 09 114,434,097.93 8, 642, 456. 72 22,699, 829. 70 2, 938, 519. 04 2, 432, 074. 37- 102,278, 547. 77 7,848, 822. 24 22, 747, 875.18 5,278,911.22 1, 819,815. 50 Checks and other cash items. Bills of national banks Bills of other banks Fractional currency Specie Legal-tender notes Compound-interest notea — Three per cent, certificates... 109, 390, 266. 37 16, 655, 572. 00 261, 269. 00 1,927,876.78 20, 981, 601. 45 114,306,491.00 39, 997,030. 00 8,245, 000. 00 114,993, 036.23 12, 573, 514. 00 196,106. CO 1, 825, 640.16 18, 373, 943.22 84, 39d, 219. 00 38,917, 490.00 24, 255, 000. 00 124, 076, 097.71 13, 210,179.00 342, 550.00 1, 863, 358.91 20, 755, 919. 04 100,166,100. 00 19,473, 420. 00 44, 905, 000. 00 143, 241, 394. 99 11, 842, 974.00 222, 668. 00 2, 262, 791. 97 13, 003, 713.39 92, 453,475. 00 4, 513, 730.00 59, 080, COO. 00 1, 502, 647, 644.10 1,499, 668,920 97 1, 572,167, 076. 26 Total 1,559,621,773.49 REPORT OF TIIE COMPTROLLER OF THE CURRENCY. 259 BANKS FROM OCTOBER 1863, TO OCTOBER, 1891 — ContiDued. t §60. JANUARY 1. APRIL 2. JULY 2. OCT^EIl 1. 1,582 banks. 1,612 banks. 1,634 banks. 1,644 banks. Liabilities. Surplus fund Undivided profits ._ National b'k notes outstand'g State banknotes outstanding. Individual deposits U. 8. deposits Dep'ts ot'U.S.disb'sing officers Due to national banks Due to other b'ks and bankers Total $403,357,346.00 $409, 273, 534.00 $414,270,493.00 43, 000, 370.78 28, 972, 493. 70 44,687,810.54 30, 964,422.73 50,151, 091. 77 29,286,175.45 53,359, 277. 64 32, 593,486. 69 213,239, 530. 00 45,449,155. 00 248,886, 282. 00 33, 800, 865. 00 267, 798, C78. 00 19,996, 163.00 280,253, 818.00 9, 748, 025. 00 522,507, 829. 27 29, 747, 236.15 531,734,950.33 29,150, 729. 82 533, 338,174. 25 36,038.185.03 3, 068, 892. 22 564, 616,777.64 30,420,819.80 2, 979, 955.77 94, 709, 074.15 23,793,584.24 89,067,501.54 21,841,641.35 96, 496, 726. 42 25, 951, 728.99 110,531,957.31 26,986,317.57 1, 404, 776, 619. 29 1, 442,407, 737.31 1,476,395,208.13 1,526,962,804.42 $415,472,369.00 1§67. Capital stock JANUARY 7. APRIL 1. JULY 1. OCTOBER 7. 1,648 b a n k s . 1,642 b a n k s . 1,636 b a n k s . 1,642 b a n k s . $420, 229, 739. 00 $119,399,484.00 $418, 558,148.00 Surplus fund Undivided profits National b'k notes outstand'g. State bank notes outstanding. 59, 992,874.57 26, 961, 382. CO 60, 206, 013. 58 31,131,034.39 63, 232, 811.12 30, 656, 222. 84 66,695,587.01 33, 751, 446.21 291,436, 749. 00 6,961,499.00 292, 788, 572. 00 5,460, 312. 00 291,769,553.00 4,484,112.00 293, 887,941.00 4,092,153.00 U. S. deposits Dep'tsofU.S.disb'singofficirs 558, 699, 768. 06 27, 284, 876. 93 2, 477, 509.48 512.046,182.47 27, 473, 005. 66 2,650,981.39 539, 599,076.10 29, 838, 391. 53 3, 474,192. 74 540, 797, 837.51 23, 062,119. 92 4, 352, 379. 43 Due to national banks Due to other b'ks and bankers. 92, 761, 998.43 24,416,588,33 91,156,890.89 23,138, 629.46 89, 821, 751.60 22,659, 267.08 93,111,240.89 19, 644, 940.20 1,511, 222,98). 40 1,463,451,105.84 1,494, 084, 526.01 1,499,409,060.17 Total 1 $420, 073, 415. 00 §6§. JANUARY 6. APRIL 0. JULY 6. OCTOBER 5. 1,S42 b a n k s . 1,643 b a n k s . 1,640 b a n k s . 1,643 banks. $420,260, 790.00 $420,676,210.00 $420,105,011.00 $420,634,511.00 70,586,125,70 31,399,877.57 72,349,119.60 32, 861, 597. 08 75, 840,118. 94 33, 543,223.35 77, 995, 761. 40 36,095, 883. 98 National b'k notes outstamVg. State bank notes outstanding. 294,377, 390.00/< 3, 792, 013. 00 ' 295, 336,044. 00 3,310,177.00 294,908,264.00 3,163, 771.00 295,769, 489.00 2, 906, 352.00 Individual deposits U.S. deposits Dep'tsof U. S.disb'sing officers 534, 704, 709 00 24,805,638 02 3, 208, 783.03 5H2, 011, 480. 36 22, 750, 3 \ 2. 77 4, 976, 682. 31 575, 842, 070.12 24, 603, 676. 96 3, 499, 389.99 580,940,820.85 17,573,250.64 4,570,478.16 Due to national banks Due to other b'ks and ba nkers. 98,144, 66&. 61 2L, 867,648.17 94, 073, 631. 25 21,323, 636. 60 113, 306, 346.34 27, 355, 204. 5§ 99,414,397. 28 23,720,829.18 1,502,647,644.10 1,499,668,920. 97 1, 572,167, 076.26 1,559,621,773.49 * Capital stock -. Surplus fund--. Undivided profits Total 260 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL 1§69. Tsesources. JANUARY 4. APRIL 17. JUNK 12. OCTOBER 9. 1,628 banks. 1,620 banks. 1,619 banks. 1,617 banks. $644, 945, 039. 53 Loans and discounts 338, 539, 950. 00 (J. S. bonds to secure circ'lat'n 34, 538, 350. 00 U. S. bonds to secure deposits. 35, 010, 000. 00 U. S.b'dsandsec'ties on hand. Oth'r stocks, b'ds,and mortg's 20,127, 732.96 65, 727, 070. 80 Due from redeeming agents. 36,067,310.84 Due from other national b'nks 7,715,719.34 Due from State b'ks and b'k'rs 23, 289, 838. 28 Real estate, furniture, etc 3,265, 990. 81 Current expenses 1, 654, 352.70 142, 605, 984. 92 Chocks and other caah items . 14, 684, 799. 0i) Bills of other national banks. 2,280,471.06 Fractional currency 29, 626, 750.26 Specie 88, 239, 300.00 Legal tender notes 52, 075, 000. 00 Three per cent, certificates . . $662, 084, 813. 47 338, 379, 250. 00 29,721,350.00 30. 226, 550. 00 20, 074, 435. 69 57, 554, 382. 55 30,520,527.89 8, 075, 595. 60 23,798,188.13 5, 641,195. 01 1, 716, 210. 13 154,137,191.23 11,725,239.00 2, 088, 545.18 9, 944, 532.15 80, 875, 161. 00 51,190, ('00.00 1, 540,304,26a 50 1, 517, 753,167.03 Total 1 $686,347,755.81 338, 690, 750. 00 27, 625, 350. 00 21, 476, 050. 00 20, 777, 560.53 62, 912, 636, 82 35, 556, 504. 53 9,140, 919. 24 23,859,271.17 5, 820, 577. 87 1,809,070. 01 161, 614, 852. 66 11, 524, 447. 00 1, 804, 855. 53 18,455,090.48 80,934,119.00 49, 815, 000. 00 $682, 883, 106. 97 339, 480,100. 00 18, 704, 000. 00 25, 903, 950. 00 22, 250, 697.14 56, 669, 562.84 35, 393, 563.47 8,790,418.57 25,169,188.95 5, 646,382. 96 2, 092, 364. 85 108, 809, 817. 37 10, 776, 023, 00 2, 090, 727. 38 23, 002, 405. 83 83,719,295.00 45, 845, 000. 00 1, 564.174, 410. 65 1, 497, 226, 604.33 870. JANUAKY 22. MARCH 24. JUNE 9. OCTOBER 8. DECEMBER 28. 1,615 banks. 1,615 banks. 1,612 banks. 1,615 banks. 1,648 banks. Loans and discounts. $088, 875,203. 70 $710,848,609.39 $719,341,186.06 $715, 928, 079. 81 $725, 515, 538. 49 . Bonds for circulation 339, 350, 750.00 339, 251, 350. 00 338, 845,200. 00 340,857,450.00 344,104, 200. 00 Bonds for deposits .. 17, 592, 000. 00 16,102, 000.00 15, 704, 000. 00 15, 381, 500. 00 15,189, 500. 00 TJ. S. bonds on hand. 24, 677,100. 00 27, 292,150 00 28, 276, 600. 00 22, 323, 800. 00 23, 893, 300.00 Other stocks and bd's 21, 082,412. 00 20, 524, 294. 55 23,300, 681. 87 23, 614, 721. 25 22, 686, 358. 59 Due from red'g ag'nts 71, 641, 480.05 73, 435,117. 98 74, 635, 405. 61 66, 275, 668. 92 64, 805, 062. 88 36,128, 750. 06 33, 948, 805. 65 37, 478,166. 49 Due from natl banks 31, 994, 609. 26 29,510,088.11 9, 202, 496. 71 9, 82 J, .114.18 Due from State banks 9, 319, 560. 54 10, 238, 219. 85 10,430,781.32 Heal estate, etc 26, 002, 713.01 26, 330, 701. 24 26, 593,357. 00 27, 470, 746. 97 28,021,037.44 5, 871, 750. 02 6, 683,189. 54 6, 324, 955. 47 6, 905, 073. 32 Current expenses . . . 3,469, 588. 00 2, 491, 222.11 2, 680, 882. 39 Premiums paid 3, 251, 648. 72 3, 076,45G. 74 2,439,591.41 Cash items 11,497,534.13 12, 536, 613.57 13, 229, 403.34 111,624,822.00 11,267,703.12 Crr'g-hoaseexch'gs. 79,089, 688. 39 76,208,707.00 75, 317, 992. 22 83,936,515.64 17, 001, 846. 00 National bank notes. 15, 840,669.00 14, 220, 817.00 16,342, 582.00 12,512,927.00 2,150,522.89 Fractional currency. 2,184,714.39 2,078,178. 05 2, 476, 966. 75 2, 235, 499. 02 Specie 1. 48, 345, 383. 72 37,096, 543.44 31, 009,437.78 18, 460, 011. 47 26, 307,251.59 Legal-tender notes.. 87, 708, 502. 00 82, 485, 978. 00 94, 573, 751. 00 79, 324, 577. 00 80, 580, 745. 00 Three per cent certfs 43, 820, 000. 00 43, 570,1^0. 00 43, 465, 000.00 43, 345, 000. 00 41,845,000.00 Total 1,546,261,357.44 1,529,147,735.85 1,565,756,909.67 1,510,713,236.92 MARCH 18. 1,688 banks. Loans and discounts. $767, 858, 490.59 Bonds for circulation 351, 556, 700. 00 Bonds for deposits. . 15,231,^00.00 U. S. bonds on hand.. 23,911,350.00 Other stocks and b'ds 22, 763, 869. 20 Due from red'gag'nts 83, 809,188.92 Due from nat'l banks 30,201,119.99 Due from State banks 10,271,605.34 Real estate, etc 28,805,814.79 Current expenses 6,694,014. 17 Premiums paid 3, 939, 995. 20 Cash items 11,642,644.74 Cl'r'g-house exch'gs. 100, 693, 917. 54 National bank notes. 13,137,006.00 Fractional currency. 2.103,298. 16 Specie '.. 25 769,16(5.64 Legal-tender notos .. 91,072,349.00 Three per cen t. cert'fw 37, 570,000.00 Total ,538,998,105.03 APRIL 29. JUNE 10. OCTOBER 2. DECEMBER 16. 1,707 banks. 1,723 banks. 1,767 banks. 1,790 banks. $779,321,828.11 $789, 416, 568.13 $831, 552, 210 00 $818,996,311.74 354, 427, 200. 00 357, 388, 950. 00 364, 475, 800. 00 366,840, 200.00 28, 087, 500.00 23, 155,150. 00 15, 230, 500. 00 15,250,500.00 22, 487, 050.00 24, 200, 300. 00 17, 753, 650. 00 17, 675, 500. 00 22,414, 659. 05 23, 132,871.05 24, 517, 059.35 23, 061,184. 20 85,061,016.31 02,369,246.71 86. 878, 608.84 77,985,600.53 38, 332, 679.74 39,636,579,35 43i 525, 362. 05 43,313,344.78 11.478.174.71 12, 772, (iC9. 83 13,069,301.40 11,853.308.60 29, 242,762. 79 29, 637, 999. HO 30, 089, 783. 85 30, 070, 330. 57 6, 7(54,159. 73 6,153, 370. 29 7,330,424. 12 <5, 205, 099.46 4,414,755.40 5, 500, 800.17 5, 956, 073. 74 5, 026, 385. 97 12, 749, 280. 84 13,101, 107.95 14,058, 26a 86 13, 784, 424. 76 130, 855, (598. 15 102, 091, !M 1.75 101, 165, 854. 52 114,538,539.93 14,197,653.00 13, 085, 904. 00 16, 632, 328. 00 10, 101,38a. 00 2, 095, 485.79 2, 061, 000. 80 2,135, 763. 00 2,160,713.22 22, 732, 027.02 10, 924, 9 "»5. 16 13,252.998. 17 29, 595, 290. 56 93, 942, 707. 00 100,219,126.00 122,137,660.00 109,4 U, 735.00 33, 935, 00!). 00 30,690, 000.00 25, 075, 000. 00 21,400,000.00 1,627,032,030. 28 1,694,440,912.94 1,703,415,335.65 1,730,566,899.72 1,715,861,807. 22 REPORT Ol1 THE COMPTROLLER OF THE CURRENCY. 261 BANKS FROM OCTOBER, 1863, TO OCTOBER 1891—Continued. 1809. JANUARY 4. APRIL 17. JUNE 12. 1,628 banks. 1,620 banks. 1,619 banks. $419, 040, 931. 00 $420, 818, 721. 00 $422, 659, 260. 00 $426, 399,151.00 81,169, 936.52 35, 318, 273. 71 82, 653, 989.19 37, 489, 314.82 82,218, 576, 47 43, 812, 898. 70 86,165, 334. 32 40, 687, 300. 92 Nat'lbank notes outstanding. State bank notes outstanding. 294, 476, 702.00 2, 734, 669.00 292, 457, 098. 00 2, 615, 387.00 292, 753, 286.00 2, 558, 874.00 293, 593, 645.00 2, 454, 697.00 Individual deposits TJ. S. deposits Dept's U. S. disburs'g officers. 568, 530, 934.11 13,211,850.19 3, 472, 884.90 547, 922,174.91 10,114,328.32 3, 665,131. 61 574, 307, 382.77 10, 301, 907. 71 2,454, 048. 99 511, 400,196. 63 7,112, 646.67 4, 516, 648.12 Due to national banks Due to State banks and b'k'rs. 95,453,139.33 26,984, 945. 74 92, 662, 648.49 23, 018, 610,62 100, 933. 910.03 28, 046, 771. 30 95, 067, 892. 83 23, 849, 371. 62 2, 464, 849. 81 1, 870, 913.26 2, 392, 205 61 1,735,289.07 3, 839, 357.10 2,140, 363.12 1, 517, 753,167. 03 1, 564,174. 410.65 1,497,226,604.33 Liabilities, Surplus fund Undivided profits Notes and bills re-dlscounted. IJills payable Total 1, 540, 394, 266. 50 OCTOBER 9. 1,617 b a n k s . I87O. Capital stock JANUARY 22. MARCH 24. JUNE 9. OCTOBER 8. 1,615 b a n k s . 1,615 b a n k s . 1,612 b a n k s . 1,615 banks. $426, 074, 954.00 $427, 504, 247. 00 $427,235,701.00 $430, 399, 301. 00 DECEMBER 28. 1,648 b a n k s . $435, 356, 004*00 Surplus fund Undivided profits — 90,174, 281.14 34, 300,430.80 90, 229, 954.59 43,109, 471. 62 91, 689, 834.12 42, 861, 712. 59 94, 061,438.95 38, 608, 618.91 94, 705, 740. 34 46,056,428.55 Nat'l bank oirculat'n. State bank cirouiat'n. 292, 838, 935. 00 2,351, 993.00 292, 509,149. 00 2, 279, 469.00 291,183,614.00 2, 222, 793. CO 291, 798, 640.00 2,138,548. 00 296,205, 446. 00 2, 091, 799.00 Dividends unpaid.... 2, 299, 296. 27 1, 483, 416.15 1,517,595.18 2, 462, 591.31 2,242,556.49 Individual deposits.. U. S. deposits Dep'ts U. S. dis. offic's 546, 236, 881. 57 6, 750,139 19 2, 592, 001.21 516, 058, 085. 26 6, 424, 421. 25 4, 778, 225. 93 542, 261, 563.18 10, 677, 873. 92 2, 592, 967.54 501,407,586.90 6, 807, 978.49 4, 550,142. 68 507,368,618.67 6, 074,407.90 4,155, 304.25 Due to national banks Due to State banks .. 108, 351, 300. 33 28, 904, 849.14 109, 667, 715. 95 29, 767, 575. 21 115,458,491.84 33, 012,162.78 100, 348, 292. 45 29, 693,910. 80 106, 090, 414. 53 29, 200, 587. 29 Notes re-discounted.. Bills payable 3, 842, 542.30 1, 543, 753. 49 2, 462, 647. 49 2, 873, 357.40 2,741,843.53 2, 302, 756.99 3, 843, 577. 67 4, 592,609. 76 4, 612,131. 08 4, 838, 667. 83 1,546,261,357.44 1,529,147,735.85 1,565,756,909.67 1,510,713,236.92 1,538,998,105.93 Total Capital stock MARCH 18. APRIL 29. JUNE 10. OCTOBER 2. DECEMBER 16. 1,688 b a n k s . 1,707 banks. 1,723 banks. 1,767 b a n k s . 1,790 banks. $444,232,771.00 $446, 925,493. 00 $450,330,841.00 $458, 255, 696. 00 $460,225,866.00 96, 862, 081. 66 43, 883, 857. 64 97, 620, 099. 28 44, 776, 030. 71 98, 322, 203. 80 45, 535, 227. 79 101,112, 671. 91 42, 008, 714.38 101,573,153.62 48, 630, 925.81 N a t ' l b a n k circulat'n. 301, 713, 460.00 2, 035, 800.00 State b a n k circulat'n. 306,131,393 00 1, 982, 580. 00 307, 793, 880. 00 1, 968, 058. 00 315,519,117.00 1, 921, 056. 00 318, 265, 481.00 1, 886, 538.00 Surplus funds Undivided profits 1,263,767.70 2,235,248.46 1, 408, 628. 25 4, 540,194.61 1,393,427.98 Individual deposits -. 561,190,830.41 6, 314, 957. 81 U . S. deposits 4, 813, 016. 66 D e p t ' s U. S. dis. offic's 611,025,174.10 6,521,572.92 3, 757, 873. 84 602,110,758.16 6, 265,167. 94 4, 893, 907. 25 600, 868,486.55 20,511,935.98 5, 393, 598. 89 596, 586, 487. 54 14, 829, 525. 65 5, 399,108. 34 D u e to national b ' n k s 118, 904, 865.84 D u e to State b a n k s . . 37, 311, 519.13 128, 037, 469.17 36,113, 290. 67 135,167, 847. 69 41, 219,802. 96 131,730,713.04 40,211,971.67 118, 657, 614.16 38,116, 950.67 3, 256, 896.42 5, 248, 206. 01 3, 573, 723.02 5, 740, 964. 77 3,120, 039. 09 5, 278, 973. 72 3, 964, 552. 57 4, 528,191.12 4, 922,455. 78 5, 374, 362. 67 Dividends unpaid Notes re-discounted.. 1,627,032,030.28 Total 1,694,440,912. 94 1,703,415,335. 65 1,730,566,899.72 1,715,861,897.22 202 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL 1872. FEBRUARY 27. APRIL 19. JUNE 10. OCTOBER 3. DECEMBER 27. 1,814 banks. 1,843 banks. 1,853 banks. 1,919 b a n k s . 1,940 b a n k s . Resources. Loans and discounts. $839, €65, 077.91 Bonds for circulation 370, 924, 700. 00 Bonds for deposits... 15, 870, 000. 00 TJ. S. bonds on hand.. 21,323,150.00 Other stocks and b'ds 22, 838, 388. 80 Due fromred'g ag'nts 89,548, 329. 93 Due from na'tl banks 38, 282, 905. 86 Due from State banks 12,269, 822. 68 30, 637, 676. 75 Real estate, etc 6, 265, 655.13 Current expenses — 6, 308, 821. 86 Premium s paid 12,143, 403.12 Cash items Cleai 'g-house exch'gs 93,154, 319.74 15, 552, 087. 00National-bank notes, 2, 278,143.24 Fractional currency. 25, 507,825. 32 Specie Legal-tender notes . . 97, 865, 400. 00 U.S. cert'fs of deposit Three per cent, cert'fs 18, 980, 000. 00 Total $877,197, 923. 47 $885, 653,449.62 382, 046, 400.00 384,458,500.00 16,304,750.00 15, 479, 750. 00 10,306,103.00 12,142, 5 0.00 23, 533,151. 73 23,160,557. 29 86,401, 459.44 80,717,071.30 42, 707,613. 54 34,486, 593.87 12, 008, 843. 54 12, 976, 878. 01 33, 014, 796.83 32, 276, 498.17 8, 454,803. 97 6, 310, 428. 79 7, 097, 847.86 6, 546, 848. 52 13, 696, 723. 85 14, 916, 784.34 90,145, 482. 72 110, 086, 315. 37 19, 070, 322. 00 15, 787, 296. 00 2, 270, 576. 32 2, 151, 747. 88 19, 047, 336. 45 10, 229, 756. 79 105,121,104. 00 102, 922, 369. 00 12, 650, 000. 00 6, 710, 000.00 4,185, 000. 00 7,140, 000. 00 12, 005, 000. 00 $844,902, 253. 49 $871,531,448.67 374,428,450.00 377, 029, 700.00 15,169, 000.00 15,409,950.00 19, 292,100. 00 16, 458,250.00 21, 538, 914. 06 22,270,610.47 82,120, 017.24 91,564,269.53 36, 697, 592. 81 39, 468, 323. 39 12, 299, 716.94 13,014,265.26 30, 809, 274.98 31,123,843.21 7, 026, 041. 23 6, 719, 794. 90 6, 544, 279. 29 6, 616,174. 75 12,461,171.40 13,458, 753. 80 114,195, 966. 36 88, 592, 800.16 18, 492. 832. 00 16, 253, 560. 00 2,143, 249. 29 2,069, 464.12 24, 433, 899.46 24. 256, 644.14 105, 732,455. 00 122, 994, 417.00 15, 365, 000. 00 1,719,415,657.34 1,743,652,213.55 1,770,837,269.40 1,755,857,098.24 1,773,556,532.43 3. FEBRUARY 28. a, 947 banks. Loans and discounts. $913,265,189.67 Bonds for circulation 384, 675, 050.00 Bonds for deposits . . 15, 035, 000.00 U. S. bonds on band.. 10, 436, 950. 00 Other stocks and b'ds 22, 063,306. 20 Due from red'g ag'nts 95, 773, 077.10 Due from *n at I banks 39, 483, 700. 09 Due from State banks 13, 595, 679.17 34, 023, 057. 77 Real estate, etc 6, 977, 831. 35 Current expenses . . . 7, 205, 259. 67 Premiums paid 11,761,711.50 Cash items Clear'g-house exch'gs 131,383,860.95 National-bank notes. 15, 998, 779. 00 2, 289, 6»0.21 Fractional currency 17, 777, 673. 53 Specie Legal-tender notes . . 97,141, 909.00 U.S.cert'fs of deposit 18, 460, 000.00 1, 805, 000.00 Three per cent.cert'fs Total APRIL 25. JUNE 13. 1,962 banks. 1,968 banks. SEPTEMBER 12. DECEMBER 26. 1,976 b a n k s . 1,976 b a n k s . $912, 064, 267. 31 $925, 557, 682.42 $944,220,116.34 $856, 816, 555. 05 386, 763, 800. 00 388, 080, 300. 00 388, 330, 400.00 389, 384,400. 00 15, 935, 000. 00 14,805, 000.00 16, 235, 000.00 14, 815, 200. 00 9, 789, 400. 00 8, 824, 850. 00 9, 613, 550. 00 8, 630, 850. 00 22, 912, 415. 63 23, 709, 034. 53 22, 449, 146.04 24,358,125.06 97, 143, 326. 94 96,134,120. 66 88,815,557.80 73, 032, 046.87 43, 328, 792.29 41,413, 680. 06 38, 671, 088. 63 40, 404, 757.97 14, 073, 287. 77 12, 022, 873.41 12, 883, 353. 37 11,185,253.08 34, 820, 562. 77 34, 661, 823. 21 34, 216, 878. 07 35, 556, 746.48 7,154,211.69 ' 6, 985, 436. 99 7, 410, 045.87 8, 678, 270.39 7,890,962.14 7, 752, 843. 87 7, 559, 987. 67 7, 987,107.14 11,433,913.22 11,425, 209. 00 13,036,482.58 12, 321, 972.80 91, 918, 526.59 88, 926,003. 53 62,881,342.16 94,132,125. 24 20, 394, 772. 00 16,103, 842. 00 21, 403,179. 00 19, 310, 202. 00 2,197,559.84 2, 302, 775. 26 2,198, 973. 37 2, 287, 454. 03 27, 950, 086. 72 19, 868, 469.45 16, 868, 808. 74 26, 907, 037. 58 92, 522, 663. 00 108, 719, 506. 00 100, 605, 287. 00 106,381,491.00 22, 365, 000.00 20, 610, 000. 00 18, 370, 000. 00 24,610, 000.00 305, 000.00 710, 000.00 1,839,152,715.21 1,800,303*280.11 1,851,234,860.38 1,830,627,845.53 1,729,38-0,303. 61 1874. FEBRUARY 27. MAY 1. 1,975 b a n k s . 1,978 banks, JUNE 26. i 1,983 banks. OCTOBER 2. DECEMBER 31. 2,004 banks. 2,027 banks. Loans and discounts. $897, 859, 600.46 $923, 347, 030. 79 $926,195,671. 70 $954, 394,791.59 $955, 862,580.51 Bonds for circulation 389, 614, 700. 00 389, 249,100.00 ! 390,281,700.00 383, 254, 800. 00 382, 976, 200.00 14, 890, 200.00 14, 89.0, 200.00 14, 691, 700. 00 14, 714, 000. 00 Bonds for deposits... 14, 600, 200. 00 10,152, 000. 00 10, 456, 900. 00 13, 313, 550. 00 15, 290, 300.00 U. S. bonds on hand.. 11,043,400.00 27, 010, 727. 48 27, 807, 826.92 28,313,473.12 Other stocks and b'ds 25, 305, 736L 24 25, 460, 460. 20 94, 017, 603. 31 97, 871, 517. 06 83, 885,126. 94 80,488,831.45 Due from res'veag'ts 101,502,861.58 41,291, 015.24 45, 770, 715. 59 39, 695, 309.47 48,100,842.62 Due from nat'l banks 36, 624, 001. 39 12, 374,391. 28 12, 469, 592. 33 11,196, 611. 73 11, 655,573.07 Due from-State banks 11,496,711.47 36, 708, 066 39 37, 270, 876. 51 38,112, 926. 52 39,190, 683. 04 36, 043, 741. 50 Real estate, etc 7, 550,125. 20 7,658, 738. 82 5, 510,566. 47 7, 547, 203. 05 6, 998, 875. 75 Current expenses . . . 8, 563, 262. 27 8,376, 659. 07 8, 680, 370. 84 8, 626,112.16 8, 741, 028. 77 Premiums paid 11, 949, 020. 71 10, 496, 257. 00 12,296,416. 77 14, 005, 517. 33 10, 269, 955. 50 Cash items 94, 877, 796. 52 63,896,271.31 97, 383, 687.11 112,995,317.55 Clear1 g-house exch'gs 62, 768,119.19 20, 673, 452.00 23,527,991.00 18,450,013.00 22, 532, 336. 00 National-bank notes. 20, 003, 251. 00 2, 283, 898. 92 2,187,186. 69 2, 224, 943.12 2, 309, 919. 73 2, 392, 668.74 Fractional currency. 33, 365,863. 58 32, 56! >, 91)9. 2622, 326, 207. 27 21, 240, 945. 23 22, 436, 761.04 Specie 103,108,350.00 101,692,930.00 80, 021, 946. CO 102, 717, 563. 00 82,604,791.00 Legal-tender n o t e s . . 47, 780, 000. 00 42, 825, 000. 00 33, 670, OOOrOO 40,135,000.00 CT. S. cert'fs of deposit 37, 235, 000. 00 91, 250. 00 20, 349, 950.15 21, 043, 084. 3fi Dep. with U. S. Treas Total 1,808,500,529.16 1,867,802,796.28 1,851,840,913.64 1,877,180,942.44 1,902,409,638.46 REPORT OF THE COMPTROLLER OF THE CURRENCY. BANKS FROM OCTOBER, 1863, to OCTOBER, 263 1891—Continued. 1 872. .FEUBUAliY 27. APRIL 19. J U N E 10. OCTOBER 3 . DECEMBER'27. 1,814 b a n k s . 1,843 banks. 1,853 banks. 1,919 banks. 1,94,0 banks. Liabilities. Capital stock $464,081,744.00 $467, 924, 318.00 $470, 543, 301.00 $479, 629,174. 00 $482, 606, 252.00 Surplus fund Undivided profits 103, 787, 082.62 43, 310, 344, 46 104,312,525.81 46, 428, 590.90 105,181,943.28 50, 234, 298. 32 110, 257, 516. 45 46, 623, 784. 50 111, 410, 248. 98 56,762,411.89 Nat'l bank circulation State bankcirculation 321, 634, 675. 00 1, 830, 563. 00 325, 305, 752.00 1, 763, 885. 00 327, 092, 752. 00 1,700, 935. 00 333, 495, 027. 00 1,507,143.00 336, 289, 285. 00 1,511,396.00 1, 451, 746. 29 1, 561, 914. 45 Individual deposits.. 593, 645, 666.16 7.114,893.47 TJ. S. deposits 5, 024, 699.44 Dep'tsU.S.dis. officers 620, 775, 265. 78 6, 355, 722. 95 3,416, 371.16 618,801,619.49 618,290,671.45 6, 99';i, 014. 77 7, 853. 772. 41 5, 463, 953.48 4, 563, 833. 79 598,114,679. 26 7, 863,894.93 5,136,597.74 Due to national banks 128, 627, 494.44 Due to State banks . . 39, 025,165. 44 120, 755, 565. 86 35, 005,127. 84 132, 804, 924. 02 39, 878, 826.42 110,047,347.67 33, 789, 083. 82 124, 218, 392.83 34,794,963.37 3, 818, 686. 91 6, 062, 896.91 4, 225, 622. 04 5,821,551.76 4, 745,178. 22 5, 942, 479. 34 5,549,431.88 6, 040, 562. 66 6, 545, 059. 78 6,946,416.17 Dividends unpaid Notes rediscounted . . Bills payable Total Capital stock 1,454, 044. 06 3,149, 749. 61 1,356,934.48 1,719,415,657.34 1,743,652,213 55 1,770,837,269 40 1,755,857,098.24 1, 773, 556, 532.43 FEBRUARY 28. APKIL 25. 1,947 banks. 1,962 banks. J U N E 13. 1,968 banks. SEPTEMBER 12. 1,976 banks. DECEMBER 26. 1,976 b a n k s . $484,551,811.00 $487,891,251.00 $490,109, 801.00 $491,072,616.00 $490, 266,611. 00 Undivided profits 114,681,048.73 48, 578, 045. 28 115, 805, 574. 57 52,415, 348. 46 116,847,451. 62 55,306,154.69 120,314.499.20 54,515,131.76 120, 961, 267. 91 58,375,169.43 Nat'lbank circulation State bank circulation 336, 292, 459. 00 1,368,271.00 338,163,864.00 1,2^0,208^00 338, 788, 504. 00 1, 224, 470.00 339, 081, 799. 00 1,188, 853. 00 341, 320, 256. 00 1,130, 585. 00 Dividends unpaid.... Surplus fund 1, 465, 993. 60 1, 462, 336.77 1,400,491.90 1,402, 547. 89 1, 269, 474.74 Individual deposits.. 656,187,551.61 7, 044, 848.34 TJ, S. Deposits 5, 835, 696. 60 . Dep'tsU.S.dis.officers 616, 848, 358.25 7, 880, 057. 73 4, 425, 750.14 641,121,775.27 8,691,001.95 6, 416, 275.10 622, 685, 563.29 7, 829, 327. 73 8, 098, 560.13 540,510,602.78 7, 680, 375.26 4, 705, 593.36 Due to national banks 134, 231, 842. 95 Due to State banks... 38,124,803.85 126,631,926.24 35,036,433.18 137, 856, 085. 67 40,741,788.47 133, 672, 732. 94 39, 298,148.14 114, 996, 666.54 36, 598, 076.29 5,515,900.67 7, 215,157.04 5, 987, 512.36 5,480, 554. 09 3,811,487.89 7, 754,137.41 1,839,152,715.21 1,800,303,280.11 1,851,234,860.38 1,830,627,845.53 1,729,380,303.61 Notgs rediscounted . . Bills payable Total 5,117,810.50 5, 672, 532. 75 5, 403, 043.38 7, 059,128. 39 ISM. Capital stock SurpJus fund Undivided profits . . . FEBRUARY 27. MAY 1. J U N E 26. OCTOBER 2. 1,975 b a n k s 1,978 b a n k s . 1,983 b a n k s . 2,004 b a n k s . $490, 859,101. 00 $490, 077, 001.00 $491, 003, 711. 00 $493,765,121.00 123,497,347.20 50,236,919.88 Nat'lbankcirculation 339, G02, 955. 00 State bank circulation 1,078, 988. 00 DECEMBER 31. 2,027 banks. $495, 802, 481.00 125,561.081.23 54, 331, 713.13 126, 239, 308. 41 58,332, 965. 71 128, 958,106. 84 51, 484,437. 32 130, 485, 641. 37 51,477,629.33 340, 267, C49. 00 1, 049, 286.00 338, 538, 743. 00 1, 009, 021. 00 333, 225, 298. 00 964, 567. 00 331,193,159. 00 860,417.00 1, 242,474. 81 3, 51G, 27 G. 99 6, 088, 845.01 T ndividual deposits.. 595. 350, 334 90 (J. S. deposits 1. 276, 959.87 Dep'tsU.S.dis.officers 5; 034, 624. 46 649 28G, 298. 95 7, 994, 422.27 3, 297, 689. 24 622,863, 154.44 7, 322, 830. 85 3, 238, 639. 20 GOO, 068, 995. 88 7,302,153.58 3, 927, 828. 27 682, 846, 607.45 7,492, 307. 78 3, 579, 722.94 Due to national banks 138, 435, 388. 39 Due to State banks.. 48,112, 223. 40 135,640,418.24 48, 683, 924. 34 143, 033, 822. 25 50, 227, 426.18 125,102,049.93 50, 718, 007. 87 129,188, 671. 42 51, 629, 602. 56 4, 581, 420.38 4, 772, 662. 59 4,436,256.22 4, 352, 560. 57 4.197, 372. 25 < 950, 727. 51 6, 365, 652.97 5, 398, 900. 83 1,808,500,529.16 1,867,802,796. 28 1,851,840,913.64 1,877,180,942.44 1,902,409,638.46 Dividends unpaid Notes redisoounted.. Bills payable Total 1,291,055.63 3,448, 828.92 4, 275, 002. 51 2,259,129.91 2(>4 UKPOKT OF THE COMPTROLLER OF THE CURRENCY. RESOURCES AND LIABILITIES OF THE NATIONAL 18 7 >. MARCH 1. MAY 1. JUNE 30. OCTOBER 1. DECEMBER 17. 2,029 banks. 2,04f>banks. 2,076 banks. 2,088 banks. 2,086 b a n k s . Resources. Loans and discounts $956, 485, 939.35 Honda for circulation 380, 682, 650. 00 Bonds for deposits... 14, 492, 200. 00 U. S. bonds on hand.. 18, 062,150. 00 Other stocks and b'ds 28, 268, 841. 69 Due from res've ag'ts 89,991,175.34 Due from nat'l banks 44, 720, 394.11 Due from State banks 12, 724, 243.97 39, 430, 952.12 Real estate, etc Current expenses ... 7,790,581.86 9,006, 880.92 Premiums paid 11, 734, 762. 42 Cash items Clear'g-houseexch'gs 81,127, 796. 39 Bills or other banks. 18, 909, 397.00 Fractional currency. 3, 008, 592.12 16, 667,106.17 Specie Legal-tender notes .. 78, 508,170.00 U. S. cert'fs of deposit 37, 200, 000. 00 Due from U. S. Treas 21, 007,919.76 Total $971, 835, 298. 74 $972, 920, 532.14 $984,691,434.40 $962, 571, 807. 70 378, 026, 900. 00 375,127, 900. 00 370,321,700.00 363, 618,100.00 14,097, 200. 00 14, 372, 200. 00 13,981,500.00 14,147, 200. 00 13, 989, 950.00 14, 297, 650.00 16, 009, 550. 00 12, 753,000.00 33, 505,045.15 29,102,197.10 31,657,960.52 32,010,316.18 85, 701,259. 82 80, 620, 878. 75 89, 788, 903.73 81,462,682.27 47,028, 769.18 46, 039, 597.57 44,831,891.48 48, 513,388. 86 11, 963, 768. 90 12, 094, 086. 39 11, 625, 647.15 11,895,551.08 42, 366, 647.65 40, 312, 285.99 41,583,311.94 40, 969, 0*20.49 7,841,213.05 7, 706, 700. 42 9,218,455.47 4, 992, 044.34 8, 670, 091.18 8,434,453.14 9, 442, 801. 54 8, 742, 393. 83 12, 758, 872. 03 11, 238, 725. 72 13,122, 145. 88 ]2,433,100.43 75,142, 863. 45 116, 970, 819. 05 88, 924,025.93 67, 886,967. 04 18, 528, 837.00 19, 504, 640. 00 24, 261, 961. 00 17, 166,190.00 2, 595, 631. 78 2, 702, 326. 44 2, 901, 023.10 2, 620, 504. 26 8, 050, 329.73 10,620,361.64 17, 070, 905, 90 18, 9:9, 582. 30 84. 015, 928. 00 87, 492, 895. 00 76,458, 734. 00 70, 725, 077.00 38, 615. 000. 00 47, 310, 000. 00 48, 810, 000. 00 31,005,000.00 19, 686, 960. 30 19, 202, 256. 68 21, 454, 422. 29 19, 640, 785. 52 1,869,819,753.22 1,909,847,891.40 1,913,239,201.16 1,882,209,307. 62 |l,823,469,752.44 18 76. MARCH 10. MAY 12. JUNE 30. OCTOBER 2. DECEMBER 22. 2.091 b a n k s . 2,089 b a n k s . 2,091 banks. 2,089 banks. 2,082 banks. Loans and discounts $950,205, 555. 62 $939, 895, 085. 34 $933, 686, 530.45 $931, 304, 714.06 $929, 066, 408. 42 Bonds for circulation 354, 547, 750. 00 344, 537, 350.00 339,141, 750. 00 337,170,400.00 336, 705,300.00 Bonds l o r d e p o s i t s . . 14, 216, 500. 00 14,128, 000. 00 14, 328, ©00. 00 14, 698, 000. 00 14,757,000.00 U. S. bonds on h a n d . . 25, 910, 650.00 26, 577, 000. 00 30, 842, 300. 00 33,142,150. 00 31,937,950.00 Other stocks and b'ds 30, 425, 430.43 30,905, 195.82 32, 482, 805.75 31,565,914.50 34,445,157.16 D u e from res've agts 99, 068, 360. 35 86, 769, 083. 97 87, 989, 900. 90 87, 326, 950. 48 83, 789,174. 65 Due from nat'l banks 42,341,542.67 44, 328, 609.46 47, 417,029. 03 44, Oil, 664. 97 47, 525, 089.98 Duo from State banks 11,180, 562.15 11, 262,193. 96 10, 989, 507.95 12,415,841.97 12, 061, 283. 08 Real estate, etc 41,937,617.25 42,183, 958. 78 42, 722, 415. 27 43.121,942. 01 43, 498,445. 49 C u r r e n t expenses . . . 8, 290, 207. 85 6, 820, 573. 35 5,025, 549.38 9, 818,422.88 6, 987, 644. 46 P r e m i u m s paid 10, 946, 713.15 10.414, 347.28 10, 621, 634. 03 10,811,300.66 10, 715, 251,16 Cash items 9, 517,808.86 9,693,186.37 11, 724, 592. 67 10, 658, 709. 26 12, 043,139. 68 Clear'g-houseexch'gs 58,863,182.43 56,806,632.63 75, 328, 878. 84 87, 870, 817.06 68, 027,016.40 Bills of other b a n k s . . 18, 536, 502. 00 20, 347, 964. 00 20, 398, 422.00 17, 521, 663.00 15,910, 315.00 F r ctional currency 3,215,594.30 2,771,886.26 1, 987, 897.44 1,146, 741. 94 1, 417, 203. 66 Specie 29, 077, 345. 85 21,714,594.36 25, 218,469. 92 32, 999, 647. 89 21, 360, 767. 42 Legal-tender notes . . 76, 768, 446. 00 79, 858, 661. 00 90, 836, 876. 00 84, 250, 847. 00 66,221,400.00 U. S. cert'fs of deposit 30,805,000 00 27, 380, 000. 00 27,-955, 000. 00 26, 095, 000. 00 29,170, 000. 00 D u e from TJ. S. Treas 18, 479,112. 79 16,911,680.20 17, 063,407.65 16,359,49J.73 16, 743, 695. 40 Total 1,834,369,941.70 1,793,306,002.78 1,825,760,967. 28 1,827,265,367.61 1,787,407,093. 76 18 7 7 . JANUARY 20. APRIL 14. JUNE 22. OCTOBER 1. DECEMBER 28. 2,083 banks. 2,073 b a n k s . 2,078 banks. 2,080 b a n k s . 2,074 b a n k s . Loans and discounts. $020,561,018.65 $911, 946, 833.88 $901, 731,416.03 $891, 920, 593. 54 $831, 856, 744. 87 Bonds f»r circulation 337, 590, 700. 00 339, 658,100.00 337,754,100. 00 336, 810, 950.00 343, 869, 550.00 15, 084, 000. 00 14,971,000.00 Bonds lor deposits . . 14, 782, 000. 00 14, 903, 000. 00 13, 538, 000. 00 32,964, 250. 00 32, 344, 050. 00 30, 088, 700. 00 28,479, 800. 00 U. S. bonds on h a n d . . 31, 988, 650. 00 32, 554, 594.44 35, 653, 755. 29 34, 435, 995.21 Other stocks and b'ds 31,819,930.20 32,169, 491. 03 82,132,099.96 D u e from res've ag'ts 88, 698, 308. 85 84,942,718.41 73,284,133.12 75, 960, 087. 27 44, 567, 303. 63 45, 217, 246. 82 44,123, 924. 97 Due from nat'l b a n k s 44, 844, 616. 88 42, 027, 778.81 11,911,437.36 11, 246, 349.79 D u from State b a n k s 13, 680, 990.81 11,415,761.60 11,479,945.65 44, 736. 549. 09 44, 818, 722, 07 45, 229, 983.25 43, 704, 335.47 Real estate, etc 45,511,932.25 7, 842, 296.86 4,131, 516,48 7, 910, 864.84 C u r r e n t expenses . . . 6, 915, 792. 50 8, 958, 903. 60 10, 494, 505. 12 10, 320, 674. 34 10,991,714.50 P r e m i u m s paid 9,219,174,02 8,841,939.09 10,410, 623. 87 10, 295,404.19 10, 099, 988.46 Cash items 11, 674, 587. 50 10, 265, 059.49 85,159, 422, 74 57, 861, 481.13 Clear'g-houseexch'gs 81,117,889.04 74,525, 215. 89 64,664,415.01 17, 942, 693. 00 20,182, 948. 00 Bills of other b a n k s . . 18,418,727.00 15, 531, 467. 00 20,312,692.00 3,114.820.09 1, 238, 228. 08 1,055,123. 61 Fractional c u r r e n c y . 900, 805. 47 778, 084. 78 27, 070, 037. 78 21, 335, 996. 06 49, 709, 267.55 Specie 22, 658, 820. 31 32, 907, 750. 70 78, 004, 386. 00 Legal-tender notes . . . 72, 689, 710. 00 72, 351, 573. 00 66,920, 684.00 70,168, 248, 00 32,100, 000. 00 44,430, 000. 00 U . S. cert's of deposit 25,470, 000. 00 32,410,000.00 26,515,000.00 16, 291, 040.84 17, 932, 574. 60 Due from TJ. S. Treas 16, 441, 509. 98 16, 021,753.01 16, 493, 577.08 Total 1,818,174,517.68 1,796,603,275.29 1,774,352,833.81 1741,084,663.84 1,737,205.145.79 REPORT OF THE COMPTROLLER OF TFIE CURRENCY. 265 BANKS PROM OCTOBKK, 1863, TO OCTOBER, 1891—Coutiuued. 1 8 7 5. MAKCH 1. Liabilities. Capital stock 2,029 banks. 2,046 banks. JUNE 30. OCTOBER 1. 2,070 banks. 2,088 banks. $496, 272, 901. 00 $498, 717,143.00 $501, 568, 563.50 $504, 829, 769.00 DECEMBER 17. 2,086 banks. $505, 485, 865.00 131, 249, 079. 47 51, 650, 243. 62 131, 604, 608. 66 55, 907, 619. 95 133,169, 094. 79 52,160,104. 68 134,356,076.41 52, 964, 953.50 133, 085,422. 30 59, 204, 957. 81 N a t ' l bank circulat ion 324, 525, 349.00 State bank circulation 824, 876. 00 323, 321, 230. 00 815, 229. 00 318,148, 406.00 786, 844.00 318, 350, 379.00 772,348. 00 314, 979,451. 00 752, 722.00 2, 501, 742. 39 6,105, 519.34 4, 003, 534. 90 1, 353, 396.80 618, 517,215. 74 6, 652, 556. 67 4, 232,550, 87 Surplus fund Undivided profits Dividends unpaid 1, 601, 255. 48 Individual d e p o s i t s . . 647, 735, 879. 69 7, 971, 932. 75 XJ. S. deposits Dept'sU.S.dis.officers 5, 330,414 16 695, 347, 677.70 6, 797, 972. 00 2, 766, 387.41 686, 478, 630. 48 6, 714, 328. 70 3,459, 061. 80 664, 579, 619. 39 6,507,531.59 4, 271,195.19 Due to national banks 137, 735,121. 44 D u e to State b a n k s . . 55, 294, 663. 84 127, 280, 034. 02 53, 037, 582. 89 138, 914, 828. 39 55,714,055.18 •129, 810, 681.60 49, 918, 530. 95 119,843,665.44 47,048,174. 56 5, 671, 031. 44 6, 079, 632.94 4, 261, 464. 45 5, 758, 299. 85 5,254,453.66 6, 590, 234.43 5,257,160. 61 7,056, 583.64 Notes re-discounted.. Bills payable Total 4, 841, 600. 20 4, 786, 436. 57 1,869,819,753. 22 1,909,847,891.40 1,913,239,201.16 1,882,209,307.62 1,823,469,752.44 1 S Capital stock Surplus fund Undivided profits 76. MARCH 10. MAY 12. JUNK 30. OCTOBER 2. 2,091 banks. 2,089 banks. 2,091 b a n k s . 2,089 banks. DECEMBER 22. 2,082 banks. $504, 818, 666. 00 $500,982, 006. 00 $500, 393, 796. 00 $499, 802, 232. 00 $497,482,016.00 133, 091, 739. 50 51,177, 031. 26 131, 795,199. 94 49, 039, 278. 75 131, 897,197. 21 132, 202, 282.00 46, 609,341.51 46,445, 215. 59 131, 390, 664.67 52, 327, 715.08 N a t ' l bank circulation 307, 476,155. 00 State b a n k circulation 714,539. 00 300, 252, 085. 00 667, 060. 00 294, 444, 678. 00 658, 938.00 292, 011, 575. 00 608, 548. 00 291, 544, 020.00 628, 847. 00 1,405,829. 06 2, 325, 523.51 6,116, 679.30 3, 848,705.64 1,286,540.28 Individual d e p o s i t s . . 620, 674, 211.05 6, 606, 394.90 U. S. deposits 4, 313, 915.45 Dept'sU.S.dis.officers 612, 355, 096. 59 8, 493, 878. 18 2, 505, 273. 30 641, 432.886. 08 7, 667, 722. 97 3, 392, 939. 48 651,385,210.19 7,256,801.42 3,746, 781.58 619,350,223.06 6, 727,155.14 4, 749,615. 39 Due to national banks 139, 407, 880.06 Due to State banks ... 54, 002,131. 54 127,880,045.04 46, 706, 969. 52 131,702,164.87 51, 403, 995. 59 131, 535, 969.04 48,250,111.63 122, 351, 818.09 48, 685, 392.14 4, 653, 460.08 5, 650,126. 87 3,867, 622. 24 6,173, 006.03 Dividends unpaid . . . Notes re-discounted.. Bills payable Total 4, 631, 882.57 6, 049, 566.31 4,464, 407. 31 6,154, 784. 21 4, 553,158.76 5, 882, 672.15 1,834,369,941.70 1,793,306,002.78 1,825,760,967.28 1,827,265,367.61 1, 787,407,093.76 18 7 7. Capital stock JANUARY 20. APRIL 14. JUNE 22. OCTOBER 1. 2,083 banks. 2,073 banks. 2,078 b a n k s . 2,080 banks. $493, 634, 611. 00 $489, 684, 645.00 $481, 044, 771. 00 $479,467,771.00 DECEMBER 28. 2,074 b a n k s . $477,128,771. 00 130, 224,169. 02 37, 456, 530. 32 127, 793, 320.52 45, 609, 418. 27 124, 714, 072.93 50, 508, 351.70 122,776,121. 24 44,572,678.72 121,618,455.32 51,530,910.18 N a t ' l b a n k circulation 292,851,351 00 State bank circulation 581, 242. 00 294,710,313.00 535, 963. 00 290, 002,057. 00 521,611.00 291,874,236. 00 48 L, 738. 00 299,240,47500 470, 540,00 SurpluBfund Undivided profits 1, 853, 974.79 1, 398,101.52 3,623, 703.43 1,404,178.34 Individual d e p o s i t s . . 659, 891, 969. 76 641, 772, 528. 08 U. S. deposits 7, 234, 696. 96 7, 584, 267.72 Dept's U.S. dis. officers 3,108, 316. 55 3, 076, 878. 70 636, 267, 529.20 7,187, 431. 67 3, 710,167.20 616,403,987.12 7, 972, 714.75 2, 376, 983. 02 604,512, 514. 52 6, 529, 031.09 3, 780, 759.43 Due to national banks 130, 293, 566. 36 Due to State b a n k s . . 49, 965, 770. 27 125,422,444.43 48, 604, 820.09 121,443, 601. 23 48, 352, 583. 90 115, 028, 954. 38 46, 577, 439.88 115, 773, 660. 58 44, 807, 958. 79 3,985,459.75 5, 969,241.94 2,953,128. 58 6, 249,426. 88 3, 791,219.47 6,137,116. 83 Dividends unpaid Notes re-discounted.. Bills payable Total 2, 448, 909. 70 4, 000, 063.82 6, 483, 320. 92 4,654, 784. 51 5,843, 107. 03 1,818,174,517. 68 1,796,603,275.29 1,774,352,833.81 1,741,084,663.84 1,737,295,145.79 2GG REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL 1S78. MAHCH 15. 2,063 b a n k s . JUNK 29. OCTOBER 1. DECEMBER 6. 2,056 banks. 2,053 banks. 2,055 b a n k s . MAY 1. Resources. 2,059 banks. Loans and dis< ounts.$854,750, 708. 87 $847, 620, 392. 49 $835, 078,133.13 $833, 988, 450.59 $826, 017, 451. 87 Bonds for circulation 343,871,350.00 345, 256, 350. 00 347,332,100.00 347, 556, 650. 00 347, 812, 300. 00 Bonds for deposits . 13,329,000.00 19, 536, 000. 00 28,371.000.00 47. 936, 850.00 49,110, 800. 00 U. S. bonds on hand. 34, 881, 600 00 33, 615 700. 00 40,479, 900. 00 46, 785, 600. 00 44, 255, 850. 00 Other stocks and b'ds 34, 674, 307. 21 34. 697, 320. 53 36, 694. 996. 24 36, 859,534. 82 35,816,810.47 Due from res've agt's 86, 016, 990. 78 71, 331, 219.27 78, 875. 055. 92 85, 083, 418.51 81,733,137.00 Due from nat11 banks 39, 692,105. 87 40, 545, 522.72 41, 897, 858. 89 41, 492, 918.75 43,144. 220 68 Due from State banks 11, 683, 050.17 12, 413, 579.10 12,232,316.30 12, 314, 698.11 12, 259, 850. 09 46, 702, 476.26 46, 728,147. 36 46,153,409.35 45, 792, 363. 73 45,901,536.93 Real estate, etc 6, 272, 566.73 7, 608,128. 83 4,718,618.66 Current expenses ... 7, 786, 572. 42 7, 239,365. 78 7,134,735.68 6, 978, 768. 71 7,335,454.49 7, 806, 252 00 Premiums paid 7, 574, 255. 95 10, 982,432. 89 9, 985,004. 21 11, 525, 376. 07 10.107,583.76 Cash items 10,989,440.78 Clear'g-house exch'gs 66, 498, 965.23 95, 525.134. 28 87, 498, 287. 82 82, 372, 537. 88 61,998,286.11 Bills of other banks. 16, 250, 569. 00 18, 363. 335.00 17, 063, 576. 00 16, 929, 721. 00 19, 392, 281. 00 515,661.04 496, 864. 34 610,084.25 697, 398.86 Fractional currency. 661,044.69 30, 688, 606. 59 34, 355, 250. 36 54, 729, 558. 02 46. 023, 756. 06 29,251,409.77 Specie 64. 428, 600. 00 64, 672, 762. 00 71,643,402.00 64, 034, 972.00 Legal-tender notes .. 67, 245, 975. 00 U. S. cert'fs of deposit 20, 605,000.00 20, 995, 000. 00 36, 905, 000. 00 32, 690, 000. 00 32, 520, 000. 00 16, 543,674. 36 17, 940, 918. 34 Due from TJ. S. Treas. 16, 257, 608. 98 16, 364, 030.47 16, 798, 667.62 Total 1,720,465,956.90 1,741,898,959.05 1,750,464,706.51 1,767,279,133.21 1,742,826,837.37 1 §79. JANUARY 1. ArKIL 4. 2,051 b a n k s . 2,048 banks. Loans and discounts. $823, 906, 765. 68 $814, 653. 422. 69 B tnds for circulation 347,118,300.00 348, 487,700. 00 Bonds for deposits .. 66, 507, 350. 00 309, 348, 450. 00 TJ. S. bonds on hand . 44, 257, 250. 00 54, 601, 750. 00 Otber stocks and b'ds 35, 569, 400. 93 36, 747,129. 40 Due from res've ag'ts 77, 925,068. 68 74, 003, 830. 40 Due from nat'l banks 44,161,948.46 39,143, 388. 90 Due from State banks 11, 892, 540.26 10, 535, 252. 99 47, 091, 964, 70 47,461,614.54 Real estate, etc Current expenses . . . 4, 033,024.67 6,693,668.43 6, 366, 048. 85 Premiums paid 6, 609, 390.80 13, 564, 550. 25 10,011 294.64 Cash items Clear'g-house exch'gs 100, 035, 237.82 63, 712, 445. 55 Bills of other banks. 19, 535, 588, 00 17, 068, 505.00 475, 538.50 Fractional currency. 467,177.47 41, 499, 757. 32 41,148,563.41 Specie Legal-tender notes .. 70,561,233.00 64, 461, 231. 00 U.S. cert'fs of deposit 28, 915,000. 00 21, 885, 000. 00 Due from U. S. Treas. 17,175,435.13 17, 029,121.31 Total JUNE 14. OCTOBER 2. DECEMBER 12. 2.048 banks. 2,048 b a n k s . 2,052 b a n k s . $835, 875, 012. 36 $878, 503, 097. 45 $933, 543, 661.93 352, 208,000. 00 357, 313, 300.00 364, 272, 700. 00 257, 038, 200. 00 18, 204, 650. 00 14, 788, 800. 00 62, 180, 300.00 52,942.100. 00 40, 677, 500. 00 37, 617, 015.13 39, 671, 916. 50 38, 836, 369. 80 93, 443, 463. 95 107, 023, 546. 8-1 102, 742, 452. 54 48,192,531.93 46, 692,994. 78 55, 352, 459. 82 11, 258, 520. 45 13, 630, 772. 63 14,425, 072. 00 47,796,108.26 47, 817,169.36 47, 992, 332. 99 6, 913, 430. 46 6, 111, 256. 56 7, 474, 082.10 5, 674,497. 80 4, 332, 419.63 4,150,836.17 10, 209, 982.43 11, 306,132.48 10, 377,272.77 83,152, 359. 49 12. 964, 964. 25 112,172, 677.95 16, 685, 484. 00 16, 707, 550. 00 16,406,218.00 446, 217.26 396, 065. 06 374, 227. 02 42, 333, 287.44 42,173, 731. 23 79, 013, 041. 59 67, 059,152. 00 69,196,696.00 54,715, 096 00 25, ! 80, 000. 00 26, 770, 000.00 10, 860, 000.00 16, 620 986.20 17,029,065.45 17, 054, 816.40 1,800,592,002.25 1,984,068,936.53 2,019,884,549.16 1,868,787,428.19 1,925,229,617.08 1§8O. FEBRUARY 21. 2,061 banks. Loans and discounts $974, 295, 360.70 Bonds for circulation 361, 901, 700. 00 Bonds for deposits . - 14,917,000.00 U. S. bonds on hand. 36, 798. 600.00 Otberstocks and b'ds 41,223,583.33 Due from res've agt's 117,791,386.81 Due from nat'l banks 53, 230, 034.03 Due from State banks 14, 501,152. 51 Real estate, etc 47,845,915.77 Current expenses ... 6, 404, 743. 54 Premiums paid 3, 908, 059. 27 Cash items 10, 3-20, 274. 51 Cloar'g-house exch'gs 166, 736, 402 64 Bills of other banks . 15, 369, 257. 00 Fractional currency. 397,187.23 Specie. 89,442,051.75 Legal-tender notes .. 55, 229, 408.00 U.S. cert'fs of deposit 10, 760, 000. 00 Due from U. S. Treas. 16, 994, 381. 37 Total 2,038,066,498.46 APRIL 23. 2,075 banks. $992,970,823.10 361, 274, 650. 00 14, 722, 000. 00 29, 509, 600.00 42, 494, 927. 73 103,904,229.84 54, 493. 465. 09 13,293,775.94 47, 808, 207.09 7, 007, 404.19 3,791,703.33 9, 857, 645. 34 99, 357, O.">6.41 21, 064, 504. 00 395, 747. 67 86. 429, 732. 21 61,048,041.00 7, 890, 000. 00 17,226,060.01 JUNE 11. OCTOBER 1. DECEMBER 31. 2,076 banks. 2,090 b a n k s . 2,095 b a n k s . $994,712,646.41 $1,040,977,267.53 $1,071,350,141.79 359, 512. 050, 00 357,789,350.00 358,042,-550.00 14, 727, 000.00 14,827,000.00 14,726,500.00 28, 605, 800. 00 28,793,400.00 25,016,400.00 44, 947, 345. 75 48,863,150.22 48,628,372.77 115, 935, 668. 27 134.562,778.70 126,155,014.40 56, 578, 444. 69 63,023,796 84 69.079,326.15 13,861,582.77 15,881,197.74 17,111,241.03 47, 979, 244. 53 48,045,832.54 47,784,46 ,47 6, 778. 829.19 6,386,182.01 4,442,440 02 3, 702, 354.60 3,488,470.11 3,288,602.63 9, 980,179. 32 12,729,002.19 14,713,929.02 122, 390, 409. 45 121,095,249.72 229,733,904.59 21, 908,193. 00 18,210,943.00 21,549,367.00 387, 226.13 367,171.73 389,921.75 99, 5('6, 505. 26 109,346,509.49 107,172,9U0.92 64, 470, 717. 00 56,640.458.00 59,216,934 00 12,510,000.00 7.65,-). 000.00 6,150,000 00 16, 999, 083.78 17,103,86'*. 00 17,125,822.37 1,974,600,472.95 2,035,493,280.15 Hi, 105,786,625.82 2, 241,683,829.91 REPORT OF THE COMPTROLLER OF THtt CURRENCY. 267 BANKS FROM OCTOBER, 1863, TO OCTOBER, 1891—Continued. MAY 1. JUNE 29. DECEMBER 6. Liabilities. 2,063 banks. Capital stock 2,059 banks. 2,056 bauks. 2,053 banks. $473, 952, 541. 00 $471, 971, 627.00 $470, 393, 366. 00 $466,147,436.00 2,055 banks. $464, 874, 996.00 120, 870, 290.10 45, 040, 851, 85 119,231,126.13 43, 938, 961. 98 118,178, 530. 75 40, 482, 522.64 116,897,779.98 40, 936, 213.58 116, 402,118. 84 44, 040,171.84 Nat'l bank circulat'n 300, 926, 284 00 439, 339.00 State bank circulat'n 301, 884, 704. 00 426, 504. 00 299,621,059.00 417, 808. 00 301, 888, 092. 00 413, 913. 00 303, 324. 733.00 400, 715.00 Surplus fund Undivided profits... 1, 207, 472. 68 1,930,669.58 5, 466, 350.52 3,118, 389.91 1,473,784.86 Individual deposits.. 602, 882, 585.17 7, 243, 253.29 U. S. deposits 3, 004, 064. 90 Dep's U.S. dis.officers 625,479, 771.12 13, 811,474.14 2, 392, 281.61 621, 632,160.06 22,680,619.07 2, 903, 531.99 620, 236,176.82 41,654,812.08 3, 342, 794. 73 598, 805, 775.66 4.0,269,825.72 3,451,436.56 Due to national banks 123, 239, 448. 50 Due to State banks . . 43, 979, 239, 39 109, 720, 396. 70 44,006,551,05 117, 845,495. 88 43,360,527.86 122,496, 513. 92 42, 636, 703. 42 120, 261,774. 54 41, 767, 755.07 2, 465, 390. 79 4,215,196.23 2, 834, 012. 00 4, 270, 879.74 2, 453, 839.77 5, 022, 894.37 3, 007, 324, 85 4, 502, 982.92 3, 228,132. 93 4,525,617.45 Dividends unpaid Notes re-discounted . Bills payable Total 1,729,465,956.90 1,741,898,959.05 1,750,464,706.51 , " ^ 279,133.21 1,742, 826,837.37 1§79. Capita] stock JANUARY 1. APRIL 4. JUNE 14. OCTOBER 2. 2,051 b a n k s . 2,048 b a n k s . 2,048 b a n k s . 2,048 b a n k s . $462,031,396.00 $455, 611, 362.00 $455,244,115.00 $454, 067, 365.00 DECEMBER 12. 2,052 b a n k s . $454,498, 515. 00 116, 200, 863.52 36,836. 269. 21 114,823,316.49 40,812,777.59 114,321 375.87 45, 802, 815. 82 114,786,528.10 41, 300, 941.40 115,429,031.93 47, 573, 820. 75 Nat'l bank circulat'n 303, 506, 470.00 388,368. 00 State bank circulat'n 304, 467,139. 00 352.452.00 307, 328, 695.00 339, 927. 00 313, 786, 342.00 325, 954.00 321, 949,154. 00 322, 502.00 Surplus fund Undivided profits 5,816,348.82 2,158, 516.79 1, 309, 059.13 2,658,337.46 1,305, 480. 45 Individual deposits.. 643,337, 745.26 59,701,222.90 U. S. deposits 3, 556, 801.25 Dep's U. S. dis.officers 598, 822, 694.02 303,463, 505. 69 2, 689,189.44 648, 934, 141. 42 248,421,340.25 3, 682, 320. 67 719,737, 568.89 11,018,862.74 3,469,600.02 755,459, 966.01 6, 923,323. 97 3, 893, 217.43 Due to national banks 118,311,635.00 Due to State banks . . 44, 035, 787. 56 110,481,176.98 43, 709, 770.14 137,360,091.60 50, 403, 064. 54 149,200, 257.16 52, 022, 453.99 152, 484, 079. 44 59, 232, 391. 93 2,224,491.91 4,452, 544.48 2,226, 396.39 4, 510, 876. 47 Dividends unpaid Notes re-discounted . Bills payable Total 2, 926, 434. 95 3, 942,659.18 2, 205, 015.54 4,208, 201. 89 1,800,592,002.25 1,984,068,936. 53 2,019,884,549.16 1,868,787,428.19 2,116,484.47 4, 041, 649. 70 1,925,229,617.08 188O. Capital stock FEBRUARY 21. APRIL 23. JUNE 11. OCTOBER 1. DECEMBER 31. 2,061 b a n k s . 2,075 b a n k s . 2,076 b a n k s . 2,090 b a n k s . 2,095 b a n k s . $454,548,585.00 $456, 097,935.00 $455, 909, 565. 00 $457, 553, 985.00 $458, 540,085.00 118,102, 014.11 50,443, 635,45 120, 518, 583.43 46,139, 690. 24 121, 824, 629. 03 47, 946,741.64 318, 088, 562. 00 290, 738. 00 317,350, 036. 00 271, 045. 00 317,484, 496.00 258, 499.00 3,452, 504.17 6,198, 238. 38 Surplus fund Undivided profits 117,044, 043.03 42, 863, 804. 95 117,299,350.09 48, 226, 087. 61 Nat'l bank circulat'n State bank circulat'n 320, 303, 874. 00 303, 452.00 320, 759,472.00 299, 790.00 Dividends unpaid . . . 1, 365, 001.91 1, 542,447.98 1, 330,179.8o Individual deposits.. U. S. deposits Dep's U. S.dis. officers 848, 926, 599. 86 7,856,791.97 3,069, 880.74 791,555,059.63 7, 925, 988. 37 3, 220, 606.64 833, 701, 034. 20 7, 680, 905.47 3, 026, 757.34 873,537,637.07 1, 006, 452, 85-2. 82 7, 898, 100.94 7, 548, 538. 67 3, 344, 386.62 3, 489, 501.01 Due to national banks Due to State banks.. 170, 245, 061. 08 65, 439, 334.51 157, 209, 759.14 63, 317,107. 96 171,462,131.23 67, 938, 795.35 192,124,705.10 75, 735, 677. 06 192, 413, 295. 78 71,185, 817. 08 Notes re-discounted. Bills pa j able 1,918, 788. 88 4,181, 280. 53 2, 616, 900. 55 4, 529, 967. 98 2,258, 544.72 5, 260,417.43 3,178, 232. 50 5, 031, C04.96 3, 354, 697.18 4,636, 876.05 Total 2,038,066,4{)8,46 1,974,600,472.95 2,035,493,280.15 2,105,786,625.82 2,241,683,829.91 2GS REPORT OK THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OP THE NATIONAL MARCH 11. Resources. 2,094 banks. MAY 6, 2,102 banks. JUNE 30. OCTOBER 1. DECEMBER 31. 2,115 banks. 2,132 banks. 2,164 banks. Loans and discounts. $1,073,786,749. 70 $1,093,649,382. 18 $1,144,988,949. 45 $1,173,796,083. 09$1,169,177,557.16 Bonds for circulation 339,811,950.00 352,653,500.00 " 358,287,500.00" 363,385,500.00 368,735,700.00 Bonds for deposits .. 14,851,500.00 15,210,000. 00 15,265,000.00 15,540,000.00 15,715,000. 00 U. S. bonds on hand . 46,626,150.00 44,116,500.00 48,584,950.00 31,884,000.00 40,866,750.00 Other stocks and b'ds 49,515,154.92 52,908.123.98 58,049,292. 63 61,952,402.95 62,663,218.93 Due from res've ag'ts 120,820,691.09 128,017,627.03 156,258,637. 05 132,968,183.12 123,580,465. 75 Due from nat'l banks 62,295,517.34 63,176,225. 67 75,703,599.78 78,505,446.17 77,633,902.77 Due from State banks 17,032,261. 64 16,938,734.56 18,850,775.34 17,644,704.62 19,306,826.62 47,525,790.02 Real estate, etc 47,791,348.36 47,834,060.20 47,445,050.46 47,329,111. ife 7,810,930.83 4,647,101.04 Cm rent expenses 6,096,109.78 4,235,911.19 6,731,936.48 3,530,516.71 Premiums paid 3,891,728.72 4,024,763.60 4,115,980.01 4,138,485.71 10,144,682. 87 Cash items 17,337,964. 78 11,826,603.16 13,534,227.31 14,831,879.30 Clear'g-house exch'gs 147,761,543.96 196,633,558.01 143,960,236. 84 189,222,255.95 217,214,627.10 17,733,032.00 Bills of other banks . 25,120,933.00 21,631,932.00 24,190,534.00 17,732,712.00 386,569.63 Fractional currency. 386,950. 21 372,140.23 373,945. 96 105,156,195.24 122,628,562.08 128,638,927. 50 114,334,736.12 113,680,639.60 Specie 52,156,439.00 Legal-tender notes .. 62,516,296.00 58,728,713.00 60,104,387.00 53,158,441.00 6,120,000.00 TJ. S. cert's of deposit. 8,0^5,000.00 9,540,000.00 7,930,000.00 6,740,000. 00 17,015,269.83 Due from U. S. Treas. 18,097,923.40 18,456,600.14 17,251,868.22 17,472,595.96 Total. 2,140,110,944.78 2,270,226,817.76 2,325,832,700.75 2,358,387,391.59J 2,381,890,866.85J 1882. MARCH 11. MAY 19. JULY 1. OCTOBER 3. DECEMBER 30. 2,187 banks. 2,224 banks. 2,239 banks. 2,269 banks. 2,308 banks. Loans and discounts- $1,182,661,609. 53 $1 189,094,830.35$! ,208,932,655.92$! ,243,203,210. 08 $1,230,456,213.97 Bonds for circulation 367,333,700.00 360,153,800.00 355,789,550. 00 357,631,750.00 357,047.650.00 16,344,000.00 15,920.000. 00 15,920,000.00 16,111,000.00 16,093,000.00 Bonds for deposits .. 15,492,150.00 27,2421550.00 29,662,700.00 21,314,750. 00 IT. S. bonds on h a n d . . 28,523,450.00 66,998,620.36 66,691,399.56 65,274,999.32 Other stocks and b'ds 64,430,686.18 66,168,916.64 Due from res've agt's 117,452.719.75 121,189,945.23 118,455,012.38 113,277,227.87 122,066,106. 75 76,073,227.76 75,366,970.74 66,883,512.75 Due from nat'l banks 68,516,841.06 68,301,645.12 18,405,748.49 16,344,688.66 16,800,174.92 Due from State banks 17,305,468.44 15,921,432.07 46,993,408.41 46,425,351. 40 46,956,574.28 46,537,066.41 Real estate, etc 47,073,247.45 5,130,505.53 3,030,464.69 6,774,571.86 7,238,270.17 Current expenses . . . 8,494,036.21 6,472,585.82 5,494,224. 35 5,062,314. 52 6,515,155.03 Premiums paid 3,762,382. 59 16,281,315.67 20,166,927.35 12,295,256.96 14,784,025. 21 Cash items 13,308,120.70 155,951,194. 81 159,114,220.08 107,270,091.71 208,366,540.08 Clear' g-house exch'gs 162,088,077.94 25,344,775.00 21,405,758.00 25,226,186.00 20,689,425.00 Bills of other banks . 19,440,089. 00 401,314.70 390,236. 36 373,725.83 396,367.64 Fractional currency389,508.07 Specie 109,984,111.04 112,415,806. 73 111,694,262.54 102.857,778.27 106,427,159.40 68,478,421.00 65,969,522. 00 64,019,518.00 63,313,517.00 Legal-tender n o t e s . . 50,633,57?. 00 8,475,000.00 10,395,000. 00 11,045,000. 00 8,645,000. 00 XT.S. cert's of deposit. 9,445,000. 00 17,954,069.42 17,099,385.14 16,830,407.40 17,161,367.94 Due from TJ. S. Treas. 17,720,701.07 Total 2,309,057,088.72 2,277,924,911.13 2,344,342,686.90 2,399,833,676.84 2,360,793,467.09 1 8 8 3. MARCH 13. MAY 1. JUNE 22. OCTOBER 2. DECEMBER 31. 2,343 banks. 2,375 banks. 2,417 banks. 2,501 banks. 2,529 banks. Loans and discounts. $1,249,114,879. 43 $1,262,339,981. 87 $1,285,591,902.19 $1,309,244,781 64 $1,307,491,250.34 ~~ 354,480,250.00 354,002,900.00 351,412,850.00 Bonds for circulation 354,746,500. 00 " 345,595,800.00 Bonds for deposits . 16,949,000.00 17,116,000.00 16,846,000.00 16,799,000.00 17,081,000.00 U. S. bonds on hand . 13,151,250.00 15,870,600.00 16,978,150.00 13,593,050.00 17,850,100.00 Other stocks and b'ds 71,609,421.62 71,114,031.11 68,340,590.79 68,552,073. 03 68,428,685. 67 Due from res've ag'ts 121,024,154. 60 109,306,823. 23 126,646,954.62 124,918,728. 71 126,999,606, 92 Due from nat'l banks 77,902,785.07 65,714,229.44 68,477,918.02 66,164,638.21 67,263.503.86 Due from State banks 19,402,047.12 18,266,275.05 19,382,129.33 19,451,498.16 16,993,341. 72 49,540,760.35 48,337,665.02 47,155,909. 80 47,502,163.52 Real estate, etc 47,063,305.68 4,878,318.44 6,808,327.30 7,754,058.86 8,829,278.26 Current expenses ... 8,949,615.28 8,647,252.98 8,064,073.60 7,798,445.04 8,079,726.01 Premiums paid 7,420,939.84 17,491,804.43 13,581,049.94 Cash items 15,461,050.16 11,109,701.18 11,360,731. 07 96,353,211.76 134,545,273.98 90,792,075. 08 Clear'g-house exch'gs 107,790,065.17 145,990,998.18 28,809,699. 00 22,675,447.00 Bills of other banks . 22,655,833.00 26,279,856.00 19,739,526.00 427,754.35 443,951.12 Fractional currency. 446,318.94 456,447.36 431,931.15 Specie 97,962,306. 34 103,607,266. 32 115,354,394.62 107,817,983. 53 114,276,158.04 80,559,796.00 70,672,997.00 Legal-tender notes .. 68,256,468. CO 73,832.458.00 60,848,068.00 10,840,000.00 9,970,000.00 CT.S. cert's of deposit. 8,420,000.00 10,685,000. 00 8,405,000.00 16,865.938.85 16,586,712.60 DuefromU. S. Treas. 17,497,694. 31 17,407,906. 20 16,726,451.30 Total 2,298,918,165.11 2,360,192,235.85 2,364,833,122.44 2,372,656,364.82 2,445,880,917.49 REPORT OF THE COMPTROLLER OF THE CURRENCY. 269 BANKS FROM OCTOBER, 1863, TO OCTOBER, 1891—Continued. 1 88 1. MARCH 11. MAY 6. JUNE 30. OCTOBER 1. DECEMBER 31. 2,094 banks. 2,102 b a n k s . 2,115 b a n k s . 2,132 banks. 2,164 banks. Liabilities. Capital stock $458, 254,935. 00 $459, 039, 205.00 $460, 227, 835.00 $463, 821, 985. 00 $465,859,835.00 Surplus fund Undivided p r o f i t s . . . . 122,470, 996.73 54, 072, 225.49 124,405, 926. 91 126, 679, 517.97 54, 906,090. 47 54, 684,137.16 128,140, 617.75 56, 372,190. 92 129, 867,493.92 54, 221, 816.10 N a t ' l bank circulation S t a t e b a n k circulat'n 298, 590, 802. 00 252, 765. 00 309, 737,193. 00 312, 223, 352. 00 252, 647. 00 242,967. 00 320, 200, 069.00 244, 399. 00 325,018,161.00 ' 241,701. 00 3,836,445.84 6,372, 737.13 Dividends unpaid 1,402,118.43 2,617,134.37 5, 871, 595. 59 Individual d e p o s i t s . . U. S. deposits Dep'sTJ. S.dis. officers 933, 392, 430. 75 1, 027, 040, 514.10 1L, 031, 731, 043. 42 ^,070,997,431.711, 1, ., 102, 679,163.71 8,476, 689. 74 9, 504,081. 25 8, 971, 826. 73 7,381,149.25 8,796,678.73 3, 631, 803.41 3, 272, 610.45 3, 371, 512.48 3, 839, 324. 77 3, 595, 726.83 Due to national banks D u e to State b a n k s . . 181, 677, 285. 37 71,579,477.47 191, 250, 091. 90 80, 700. 506. 06 Notes re-discounted. Bills payable 2, 616,203.05 4,581, 231. 47 2,908,370.45 4,493,544.77 Total 223, 503, 034.19 205,862,945.80 91,035, 599. 65 89, 047,471.00 2, 220, 053. 02 5,169,128.57 3,091,165.30 4, 664, 077.12 197,252,326.01 70,380,429.38 4,122,472.79 4,482,325.25 2,140,110,944.78 , 270, 226, 817. 76 2, 325, 832, 700.75 2, 358, 387, 391. 59 2, 381,890,866.85 1 8 §2. MARCH 11. 2,187 banks. Capital stock 1 Surplus fund Undivided profits Nat'l bank circulation State bank circulat'n Dividends unpaid MAY 19. 2,224 banks. JULY 1. OCTOBER 3. DECEMBER 30. 2,239 b a n k s . 2,269 b a n k s . 2,308 banks. $469,390, 232. 00 $473, 819,124. 00 $477,184, 390.00 $483,104,213. 00 $484,883,492.00 130, 924,139. 66 60,475, 764. 98 129,233,358. 24 62, 345,199.19 131,079, 251.16 131, 977, 450. 77 52,128, 817. 73 61,180,310.53 135, 930,969.31 55, 343, 816.94 323,651, 577.00 241, 527.00 315, 671, 236. 00 241, 319. 00 308,921, 898. 00 314, 721, 215.00 221,177.00 235,173. 00 315,230, 925.00 207,273.00 1,418,119,12 1,950, 554.88 6, 634, 372.20 3,153, 836.30 6, 805,057.82 Individual deposits.. 1,036, 595, 098. 20 1,001,687,693.741., 066, 707, 248. 75 1, 122,472, 682.46 1:, 066, 901, 719.85 8,817,411.21 9,817,224.44 9,741,133.36 9, 622, 303. 58 8, 853, 242.16 U. S. deposits 2, 867, 385. 63 3, 627, 846. 72 3,493, 252. 88 3,786, 262.20 D e p ' s U . S. dis. officers 3, 372, 363. 96 D u e to national b a n k s D u e to State banks . . 187, 433,824.90 78, 359, 675. 85 192, 067, 865.26 78, 911,787.20 194,868,025. 46 84, 066,023. 66 180, 075, 749. 77 79, 885, 652. 22 194,491, 260.60 77,031,165. 82 Notes re-discounted . Bills payable 3, 912, 992.38 4,428,531.51 3,754,044. 38 5, 008, 343. 00 4,195, 210.99 5,637, 665. 88 5, 747, 614. 68 4, 848, 517.18 6, 703,164.45 3, 856,056. 54 Total. 2, 309,057, 088.72 2,277,924,911.13 2,344,342,686.90 2,399,833, 676.84 2, 360,793,467.09 1883. MARCH 13. 2,343 b a n k s . Capital stock Surplus fund Undivided profits UTat'l banfc circulation State bank circulat'n Dividends unpaid MAY 1. 2,375 b a n k s . JUNE 22. OCTOBER 2. DECEMBER 31. 2,417 banks. 2,501 banks. 2,529 banks. $490,456,932.00 $493, 963,069.00 $500,298,312.00 $509,699, 787.00 $511,837,575.00 136,922,884.44 59,340, 913.64 137, 775,004.39 60, 739, 878. 85 138,331,902.06 68, 354,157.15 141,991,789.18 61, 560, 652.04 144,800,252.13 58,787,945.91 312,778,053.00 206,779.00 313, 549,993.00 198,162.00 311,963,302. 00 189,253.00 310, 517, 857. 00 184,357.00 304, 944,131. 00 181,121.00 1,389,092.96 2,849,629.87 1,454,232.01 3,229,226.31 7,082, 682.28 Individual deposits.. 1,004, 111, 400.55 1,067,962,238. 351, 043,137, 763.111,049,437,700. 571,106,453,008.23 9,613,873.33 11,624,894.57 10,130,757.88 10,183,196 95 10,026,777.79 U. S. deposits 3,787,225.31 3,618,114.79 3,743,326.56 3,980,259.28 3,768,862.04 Dep's [J. S.dis. officers D u e to national b a n k s D u e t o State b a n k s . . 191,296, 859.14 80,251, 968.26 180,445, 876.92 78, 544,128.82 194,150,676.43 84, 744,666. 35 Notes re-discounted . Bills payable 5,101,458.69 3,660, 724.79 5, 557,183.69 3,364,061.60 5,197,514.12 3,137, 259.77 186,828, 676. 27 200, 867, 280.06 84, 776,421.60 83,602,073. 01 7,387, 537.40 4,053,252.81 8,248,562. C7 4,106,297.78 2,298,918,165.11 2, 360,192,235.85 2,364, 833.122.44 2, 372,656,364.82 2,445,880, 917.49 Total 270 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL Resources. MARCH 7. APRIL 24. JUNE 20. SEPTEMBER 30. DECEMBER 30. 2,563 b a n k s . 2,589 banks. 2,625 b a n k s 2,664 b a n k s . 2,664 b a n k s . Loans and discounts $1,321,548,289. 62 $1,333,433,230. 54 $1,269,862,935.96 $1,245,294.093.37 $1,234,202,226.44 Bonds for c irculation 339, 816,150.00 337, 342, 900. OOi 334, 346, 350. 00 327, 435, 000. 00 317, 686, 050. 00 Bonds lor deposits . . 16, 850, 000. 00 17,135, 000. 00 17,060, 000. 00 16, 840, 000. 00 16, 740, 000. 00 TJ. S. bonds on h a n d . . 18, 672, 250. 00 14,143, 000. 00 15, 560, 400. 00 12,305,900.00 13, 579, 600. 00 Other stocks and b'ds 73,155,984. CO 72, 572, 306. 93 73, 424, 815. 97 71, 363, 477. 46 73, 449, 352. 07 D u e from res've ag'ts 138, 705, 012.74 122,491,957.98 95, 247,152. 62 111, 993, 019. 65 121,161,976.80 D u e from n a t ' l b a n k s 64, 891, 670.13 64, 638, 322.58 66, 335, 544. 57 69, 459, 884.45 68, 031, 209. 90 D u e from State b a n k s 17, 937, 976. 35 16, 306, 500.91 18, 329, 912.01 18,145,827. 61 15,833,982.98 49,418,805.02 Real estate, etc 50,149, 083. 90 49,889, 936.06 49, 900, 886. 91 49,667,126. 87 7, 813, 880.56 C u r r e n t expenses 8, 866, 558. 09 6.913, 508. 85 9, 670, 996.14 8, 054, 296. 82 9,742,601.42 P r e m i u m s paid 10, 605, 343.49 l l j 632, 631.68 11,923,447.15 9, 826,386. 76 11, 383, 792. 57 Cash items 13,103,098.55 11, 382, 292. 69 11, 924,152. 89 11,237,975.71 Cl'g-house loan cert's 10,335, 000.00 1, 690, 000. 00 1, 870, 000. 00 Clear'g-house exc'gs. 68, 403, 373. 30 69, 498, 913.13 66,257,418.15 75,195,955.95 83,531,472.58 Bills of other b a n k s . 23,485,124.00 23, 386, 695. 00 26, 525,120.00 23, 258, 854. 00 22, 377, 965. 00 Fractional c u r r e n c y . 491, 067.76 489, 802. 51 473, 046. 66 469,023. 89 456,778.26 122, 080, 127. 33 114, 744, 707. 09 109, 661, 682 11 128, 609, 474. 73 139, 747, 079. 53 Specie : 75, 847, 095. 00 77, 712,628. 00 Legal-tender notes . . 76,917,212.00 77, 044, 659. 00 76, 369, 555.00 14, 045, 000.00 11, 990, 000. 00 TJ. S. cert's of deposit 9, 870, 000. 00 14, 200,000.00 19, 040, 000.00 16,465, 785. 66 17,468, 976. 58 D u e from TJ. S.Treas 15,442,306.52 17, 022,999. 34 17, 739, 906. 28 Total 2, 390, 500, 638.51 2, 396, 813,834.92 2,282, 598,742. 96;2,279,493,880.07 2,297,143,474.27 MARCH 10. MAY 6. JULY 1. OCTOBER 1. DECEMBER 24. 2,671 b a n k s . 2,678 b a n k s . 2,689 b a n k s . 2,714 b a n k s . 2,732 b a n k s . i, 143,990.46 $1,343,517,559.96 Loans and discounts. $1,232,327,453.69 $1,241,450,649.79 $1,257,655,547.92 $1,306, 307, 657, 050.00 " 304,776,750.00 Bonds for circulation 313,106, 200.00 312,168,500.00 310,102,200.00 """ 16,815,000.00 16,740,000.00 Bonds for deposits . . 17,607, 000. 00 17, 457, 000. 00 18, 012,000. 00 TJ. S. bonds on h a n d . . 14, 807, 650. 00 14, 769, 250. 00 14, 588, 800.00 14, 329,400. 00 12, 665,750.00 O t h e r stocks and b'ds 75,152,919.35 75,019,208.99 77,249,159.42 77, 495, 230. 25 77, 533, 841. 38 D u e from res've ag'ts 136, 462, 273. 26 130, 903,103.77 132, 733, 901. 34 138, 378, 515.15 139,239,444. 80 D u e from n a t ' l banks 66,442,054.87 67, 866, 656.57 77,220, 972.29 78, 967, 697.86 79,452,309.67 D u e from State banks 17, 572, 822.65 17, 348, 938.11 17,180, 008. 46 17, 987, 891.44 18, 553,946.46 51, 963, 062. 01 49, 699, 501.42 49, 886, 378. 87 50, 729, 896. 08 51,293,801.16 Heal estate, etc 9,416, 971.01 6, 853, 392.72 7, 877, 320.27 7, 096, 268. 06 3, 533,759. 49 Current expenses— 11, 802,199.86 12,330,437.60 12, 358, 982.70 12, 690, 663.41 12,511,333.41 Premiums paid 11,228, 856. 82 11,276, 626.48 17,214, 373. 52 14, 347, 579. 53 12,810,187.64 Cash items 630, 000.00 1,110, 000. 00 1, 530, 000.00 1,430, 000.00 1,380, 000.00 Cl'g-house loan cert's Clear'g-house exc'gs. 59, 085, 781. 99 72, 259,129. 39113,158,675.32 84, 926, 730. 76 92, 351, 296.77 23,178,052. 00 Bills of other banks.. 22,013,314.00 26,217,171.00 23,465, 388. 00 23,062, 765.00 415, 082.64 477, 055.17 519, 529. 96 513,200.12 Fractional currency. 489, 927.18 1,670, 961.77 1, 605, 763.69 Trade dollars.. 167,115,873. 67 177, 433,119.30 177,612,492.02 174, 872, 572.54 165,354, 352.37 Specie 79, 701, 352. 00 69, 738,119. 00 67,585,466. 00 71, 017, 322.00 77, 336,999.00 Legal-tender notes .. 19,135, 000.00 22, 920, 000.00 18,800,000. 00 11, 765, 000.00 TJ. S. cert's of deposit 22, 760,000.00 14,981,021.79 14,617, 897. 02 14, 897,114.24 15,079, 935. 80 15,473,270.84 D u e from U . S.Treas. Total 2,312, 744, 247. 35 2,346,682,452. 99 2,421, 852,016.47 2, 432,913, 002.38 2,457, 675, 256.13 1886. MARCH 1. JUNE 3. AUGUST 27. OCTOBER 7. DECEMBER 28. 2,768 banks. 2,809 banks. 2,849 banks. 2,852 b a n k s . 2,875 b a n k s . Loans and discounts. $1,367,705,252.80 $1,398,552,099. 71 $1,421,547,199.22 $1,460,957,054.93 $1,470,157,681.13 Bond8 for circulation 296, 661,400. 00 279, 414,400.00 270, 315,850.00 " 258,498, 950. 00 228, 384, 350.00 18,810,000.00 19,984,900.00 Bonds for deposits . . 18,637,000.00 20,105, 900.00 21, 040,900.00 12, 535, 550.00 14, 368,950. 06 12, 326, 5U0. 00 TJ. S. bonds on b a n d . . 16, 580, 050.00 10, 576,200. 00 82,439, 901. 64 81,825,266.40 Other stocks and b'ds 80,227, 388. 98 83,347,119.93 81,431,000.66 133, 027,136. 53 143, 715,221.45 140,764, 579.01 142,117, 979.28 D u e from res've ag'ts 142,805,686.91 77, 632,198.47 . 78,091,411.58 80,526, 615. 77 Due from nat'l banks 76, 933, 579.67 88, 271, 697.96 17,720, 924. 26 18, 387, 215.76 20,140,256. 27 Due from State b a n k s 18,834,235.88 21, 465,427. 08 53,117,564.42 53,834, 583.58 54,090, 070. 94 52,262,718.07 Real estate, etc 54, 763, 530. 37 8, 684, 672.33 5, 837,175.21 7, 705, 850. 57 Current expenses 7,438, 741.12 10, 283, 007.79 13,298, 269.23 13,641,463.72 Premiums paid 12, 237, 689.15 14, 303, 529. 55 15,160, 621.67 12,181,455. 80 10,408,981.58 15,135, 538.48 Cash items 13,277,169. 64 13,218,973.44 205, 000. 00 85, 000. 00 Ci'g-house loan cert's 505, 000. 00 76,140, 330. 60 62,474, 605. 90 95, 536, 941.15 Clear'g-house exc'gs. 99,923,656.84 70, 525,126. 92 25,129, 938. 00 21, 602, 661. 00 22, 734, 085. 00 Bills of other b a n k s . 20, 503, 303.00 26,132, 330. 00 452, 361. 34 451, 308.89 Fractional currency. 470,175.18 434, 220. 93 447, 833.09 1,713, 384. 35 1,857,041.56 1, 889, 794. 55 1,681,530.65 T r a d e dollars 1,827, 364. 20 Specie 171, 615,919.39 157, 459,870.49 149,000,492.10 156, 387, 696. 00 166, 983, 556.01 79, 656, 788. 00 64, 039, 751. 00 62,812,322.00 Legal-tender notes . . 67,014,886.00 67, 739, 828.00 11, 850, 000. 00 8,115, 000.00 TJ. S. cert's of deposit 6,195, 000.00 5, 855,000. 00 12,430, 000. 00 12,198,526.43 11, 868, 912. 52 11, 358, 014.97 5 % fund with T r e a s . 12,953, 248.20 10,056,128.39 1,410, 892. 00 1, 599, 303.36 DuefromTJ. S.Treas. 2,592,042.94 975,376.96 1, 513, 019.67 Total 2,494, 337,129.44 2,474, 544,481. 89 2,453, 666,930.07 2,513,854,751.17 2, 507,753,912.95 REPORT OF THE COMPTROLLER OF THE CURRENCY. 271 BANKS FKOM OCTOBER, 1863, TO OCTOBER, 1891—Continued. 1**1. Liabilities. Capital stock. MARCH 7. APRIL 24. JUNE 20. SEPTEMBER 30. DECEMBER 20. 2,'63 b a n k s . 2,589 b a n k s . 2,625 b a n k s . 2,664 b a n k s . 2,664 b a n k s . $515, 725, 005. 00 $518, 471, 844. 00 $522,515,996.00 $524, 271, 345. 00 $524,089,065.00 Surplus fund . . . . . . Undivided profits 145, 741, 679.90 63,644, 861. 56 146, 047, 958.07 67,450, 459. 00 145,763,416.17 70, 597, 487. 21 147, 055, 037.8! 63, 234,237. 62 146, 867,119.06 70,711,369.95 Nat'l bank circulati'n State bank ciivulati'n 298,791,610.00 180, 589. 00 297, 506, 243.00 180,576.00 295,175, 334. 00 179, 666. 00 289, 775,123.00 179, 653.00 280,197,043. 00 174, 645.00 1, 415, 889. 58 Dividends unpaid 1,422, 901. 91 1,384,686.71 3, 686,160. 33 1,331,421. f4 Indiv dual deposits.. 1, 046, 050,167.90 1i, 060, 778, 388. 00 979, 020, 349 63 U.S. deposits 9, 956, 875. 24 11, 233, 495.77 10, 530, 759. 44 Dep's U. S. dis. offic'rs 3, 856, 461. 66 3, 588, 980, 50 3, 664, 326.13 975, 243, 795.14 10, 367, 909. 92 3, 703, 804. 34 987, 649, 055. f8 10, 655, 803. 72 3, 749, 969. 85 Due to national banks Due to State banks.. 155, 785, 354. 44 70, 480, 617.11 .173, 979,149. 80 72, 408, 206. 85 187, 296, 348.30 72,572,381.43 11, 343, 505.55 4,262, 244. 57 11, 895, 000.00 11, 008, 595. 07 4, 580, 862.15 8, 433, 724. 67 3,415,524.07 Notes re-discounted.. Bills payable . . . . Cl'g-house loan cert's Total . Capital stock 207, 461,179. 63 192, 868, 942.31 88,466, 363. 89 86, 778, 138. 85 6, 234, 202. 32 2, 968, 740. 50 7, 299, 284. 58 3,193, 635.20 2, 390, 500, 638.51 2, 396, 813, 834. 92 2, 282, 598,742. 96 2, 279,493, 880.07 2,297,143,474.27 MAKCH 10. MAY 6 JULY 1. OCTOBER 1. DECEMBER 24. 2,671 b a n k s . 2,678 b a n k s . 2,689 b a n k s . 2,714 b a n k s . 2,732 b a n k s . $524, 255,151.00 $525,195, 577.00 $526,273,602.00 $527, 524,410. 00 $529, 360, 725. 0 146, 624, 642. 59, 335, 519. 150,155, 549.52 69,229, 645. 82 273, 700, 047. OTi 269,147,690. 00 144, 489. 00 144, 498.00 268, 869, 597. 00 136, 898.00 267,430,837.00 133,932. 00 6,414, 263.98 3, 508, 325. 38 1,360, 977.27 Surplus fund Undivided profits... 145, 907, 800. 02 60, 206,452. 56 145,103,776.01 60,184,358.12 Kat'l bank circulati'n State bank circulati'n 274, 054,157. 00 162, 581. 00 Dividends unpaid.... 1,301,937.73 146, 523, 799. 94 52, 229, 946.61 2, 577,236. 08 Individua. deposits. U.S. deposits Dep's U. S. dis. offic'rs 996, 501, 647.401, 035, 802,188.56 1,106,376, 516. 80 1,102,372,450. 35 1, H I , 429, 914.98 11,006,919.47 11,690,707.52 10,995,974.68 11,552,621.98 12,058,768.36 3,039,646.40 3,330,522.70 3,027,218.02 2,714,399.37 3,005,783.11 Due to national banks Due to State banks. 205, 877, 203. 09 82,190, 567.43 199, 081,104. 40 81,966,092.25 203, 932. 800. 05 88, 847,454. 78 Notes re discounted.. Bills payable 6,299, 722.15 1, 850,462.10 5, 736, 012.02 2,167, 333.33 5, 864, 000. 85 2, 074,259 76 Total. 213,534, 905. 08 86,115, 061.25 8,432,792. 2,191,380. 216, 564, 533.96 85, 060,162. 27 9, 932, 828. 24 1,951,598.60 2,312, 744,247.35 2,346,682,452. 99 2,411, 852, 016.47 2,432, 913, 002. 38 2, 457, 675,256.1 3 1880. Capital stock MARCH 1. JUNE 3. A U G U S T 27. OCTOBER 7. DECEMBER 28. 2,768 b a n k s . 2,809 b a n k s . 2,849 b a n k s . 2,852 b a n k s . 2,875 b a n k s . $533,360,615.00 $539,109,291.72 $545, 522, 598. 00 $548,240,730.00 $550, 698,675.00 Surplus fund Undivided profits — 152, 872, 349.01 59, 376, 381. 80 153,642, 934.88 67, 662,886.02 157, 003,875.60 62,211,565.63 157,249,190.87 66, 503, 494. 72 159, 573, 479.21 79, 298, 286.13 Nat'lbank circulati'n State bank circulati'n 256,972,158.00 133,931.00 244, 893, 097. 00 132,470.00 238, 273, 685. 00 128, 336. 00 228, 672, 610. 00 125,002. 00 202,078,287.00 115,352.00 1, 534, 905. 58 1,526, 776.66 1, 863, 303.62 2,227,810.59 1,590,345.06 Dividends unpaid Individual deposits.. 1,152,660,492.061[,146,246,911. 431,., 113,459,187. 35 1,172,968,308.64 1[,169,716,413.13 14, 295,927. 74 13, 842, 023. 69 13, 670, 721. 76 13, 705,700. 73 12,414, 566. 52 TJ. S. deposits 2, 721,276.77 2, 798, 864.55 2, 884, 865.62 4,276,257.85 3,019,018.72 Dep's XL S. dis>. offic'rs Due to national banks Due to State banks.. 219,778,171.80 92,603,570.46 204,405,273.11 90,591,102.81 218,327,437.33 90, 366, 354. 90 218,395,950.54 90, 246,483.31 223,842,279.46 91, 254,533.23 Notes re-discounted.. Bills payable 8, 376, 095.20 1,174,874.29 8, 718, 911.71 1,145, 240. 26 7,948, 698. 27 1, 381, 095. 01 10, 594,176.56 2,067,693.48 9,159,345.79 2,444,958.36 Total 2, 404, 337,129. 44 2, 474, 544, 481. 89 2,453,666,930.07 513, 864,751.17 2,507,753,912.9s 272 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL 18 8 7. Resources. Loans and discounts Bonds for circulation Bonds for d e p o s i t s . . TJ. S. bonds on h a n d . Other stocks and b'ds Due froraresv'e agt's D u e from nat'l b a n k s D u e from State b a n k s Real estate, etc Current expenses... P r e m i u m s paid Cash items Clear'g-house exc'gs Bills of other b a n k s . Fractional currencyT r a d e dollars Specie Legal-tender n o t e s . . U. S. cert's of deposit 5 % fund with T r e a s Duefrom U.S.Treas. Total MARCH 4. MAY 13. 2,909 b a n k s . 2, 955 b a n k s . | AUGUST 1. 3, 014 banks. I OCTOBER 5. DECEMBER 7. 3, 049 b a n k s . 3, 070 banks. ,515,534.674. 67 $11,560,291,810. 73 $1,560,371,741. 05 $1,687,549,133.76 $1,583,941,484.96 211, 537,150. 00 200, 452, 300. 00 189, 032, 050. 00 "" 189 083,100.00 186, 431, 900. 00 22, 976, 900. 00 26, 402,000. 00 42, 203, 000. 00 27, 757, 000.00 24, 990, 500.00 9,721,450.00 7, 808, 000.00 6, 988, 550. 00 6, 914, 350. 00 «, 157, 250.00 87,441,034.86 90, 775, 413. 31 88, 374, 837. 99 88, 831, 009.96 88,031,124.15 163,161,181.37 148, 0Q7, 874. 43 140,270,155.75 140, 873, 587. 98 132, 959, 765. 34 86,460, 829.09 105,576,841.99 299, 487, 767. 80 98, 227, 065. 30 93, 302, 413. 94 21,725,805.99 30, 952,187. 86 22,103, 677.18 21,995,356.41 22, 746,190. 43 55,128, 600.78 56, 954, 622. 58 58, 825,168.16 57,968, 159.71 55, 729, 098. 76 8, 064, 292.40 5,158, 940.86 10, 600, 8 L7. 35 8, 253, 890.72 7,781,151.97 15, 537, 721.22 17,353,130.17 18, 797, 205. 79 17,288, 771.35 16, 806,431.83 13/308, 520. 04 13, 065, 663. 79 16, 914, 070.02 13, 326, 455. 77 14, 691, 373. 38 89, 239,104. 59 85, 097, 380.41 86, 829, 363 73 128,211, 628. 48 88, 775, 457. 99 22, 235, 206. 00 22, 962, 737. 00 23,447, 294. 00 21, 937, 884.00 25,188,137. 00 564, 266. 72 577, 878.03 554, 906. 55 540, 594. 50 556,186. 75 1,803, 661.40 63, 671. 97 328.09 509.25 184, 203. 08 171, 678, 906.15 167,315,665.62 165,104,210.28 165, 085, 454. 38 159, 240, 643.48 66,228,158.00 74, 477, 342.00 73, 751, 255. 00 79, 595, 088.00 75, 361, 975.00 7, 810, 000. 00 7, 645, 000. 00 6,190, 000.00 8, 025, 000. 00 6,165. 000.00 9, 280, 755.33 8,341,988.77 8. 310, 442. 35 8, 810, 585. 35 8,168, 503. 20 1, 856,195.13 660, 818.42 985, 4 L0.14 1,113,554.81 1, 068,117.43 2,581,143,115. 05j2, 629, 314, 022. 42 2, 637, 276,167.72 2, 620,193,475. 59 2, 624,186,330. 55 18 8 8. Resources. FEBRUARY 14. APRIL 30. JUNE 30. OCTOBER 4. DECEMBER 12. 3,077 b a n k s . 3, 098 b a n k s . 3,120 b a n k s . 3,140 b a n k s . 3,150 b a n k s . Loans and discou nts $1,584,170,370.51$!1,606,397,923. 95 $1,628,124,561. 83 $11,684,180,624. 27 $1,676,554,863.67 Bond* for circulation 181, 845,450. 00 181, 042, 950. ~ 177,543,900.00 171, 867, 200. 00" 162,820,650.00 56, 863, 000. HO 56, 643, 000. Bouds for deposits.. 55, 788, 000.00 54, 208, 000.00 48, 949, 000.00 6,450, 500. 00 7, 639, 350. U.S. bonds on hand. 7. 830,150.00 6, 507, 050. 00 6, 374, 400. 00 94,153, 688. 97 95, 296, 917. Other stocks and bd's 96,265,812.31 99, 752, 403.73 102, 276, 898.17 Due from res've ag'ts 155, 341, 240.86 146, 477, 902. 158,133, 598. 31 170,458,593.83 156,587, 199.27 95,519,102. Due from nat'l banks 92, 980, 682. 48 101, 689, 774. 90 99, 821, 000. 57 107,175,402.59 22, 709, 703. Duefrom State banks 21, 880, 069. 60 22, 714, 258. 27 23, 767, 260. 53 24, 217,165. 51 60,111,356. Real estate, etc 59, 366, 247. 85 61,101,833.19 62,634,791.74 63, 436, 066. 74 9, 843, 637. Current expanses... 6, 531, 237. 71 5,685,313.21 8, 498, 758.28 11,342,192.45 19, 501, 481. Premiums paid 19, 779, 498. 56 18, 903, 434. 54 17, 615, 898. 02 16,681,256.50 14, 644, 675 Cash items 12,255,978. 16, 855, 801.15 15, 071, 024. 30 14,140, 858.12 Clear'g-house exc'gs 73, 418, 037. 29 117, 270, 706. 74, 229,763. 69 102, 439, 751. 67 91, 765, 292. 99 24, 434, 212. Bills of other banks. 23,145, 206. 00 21, 343, 405. 00 21,600,818.00 21, 728, 238. 00 662, 722. Fractional currency. 683,148. 93 632, 602. 42 684, 268.41 628, 387. 42 351. Trade dollars 437, 59 371. 76 419. 05 7G3.56 173, 830, 614.62 172,074,011. Specie 181,292,276.76 178,097, 816, 64 82, 317, 670. 00 83, 574, 210. Legal-tender notes.. 81,995,643.00 81, 099, 461.00 82, 555,060. 00 10,120, 000. 00 9, 330, 000, U. S. cert's of deposit 12,315,000.00 8, 955, 000.00 9, 220, 000. 00 7, 993,189. 22 7, 887, 950, 5% fund with Treas. 7, 765, 837.16 7, 555, 401. 72 7,141, 434.41 1, 240, 035. 56 1, 361, 033. Due from U. S. Treas. 1,236, 675. 66 935, 799. 31 1, 246, 391. 04 Total. 664,366, 304.44 2, 732,423,198.19 731, 448,016.16 2, 815, 751, 341.07 2, 777, 575, 799. 00 18 8 9 . Resources. FEBRUARY 26. MAY 13. JULY 12. SEPTEMBER 30. DECExMBEU 11 3,170 b a n k s . 3,206 b a n k s . 3,239 b a n k s . 3,290 b a n k s . 3,326 b a n k s . Loans and discounts $1,704,067,489. 39$I ,739,651,934. 67 $11,779,054,527. 66 $1,817,257,703.17 $\ ,811,686,891.57 Bonds fir circulation 156, 728, 200.00 149, 520, 850. 00 147, 502, 200. "" 00 146, 471, 700. 00 143, 434, 700. 00 46, 384, 000 00 44, 882, 000.00 Bonds for deposit . . . 44. 832, 000. 00 44, 063, 000. 00 41,681,000.00 6, 690, 800. 00 U.S. bond s on hand.. 6, 395, 000.00 4,438, 200.00 6,810, 100.00 3, 740, 350. 00 Other stocks and b'ds 102, 215, 066. 01 103, 030, 575. 31 106, 712, 474. 80 109,313,635.01 111,344,480.32 Due from res ve ag'ts 192, 702,196.35 187, 372, 295.47 192,590, 073. 67 189,136,281.01 164,889, 765.16 Due from nat'l banks 101, 327, 319.18 107, 091, 577.44 108, 999, 878. 96 117, 869, 749. 37 118,206,354.91 26, 924, 218.24 Due from State banks 28, 417, 511. 26 24, 651, 712.33 25, 956, 516. 98 28,143, 681.33 66, 855, 303. 68 69, 377,173.73 60, 248,183.93 Real estate, etc 67, 377,183.12 70, 694,191. 37 8, 984, 846. 65 8, 525, 924,84 7,418,190.08 Current expenses . . . 3, 760, 961.17 11, 902, 368.22 17, 058, 275. 44 16, 729, 244. 88 Premiums paid 17,120, 726. 31 16, 613, 917.93 15, 847, 602. 85 15, 049, 325. 16 17,059, 786. 57 12, 676, 652.11 Cash items 14, 350, 765.37 15,134, 700.19 84, 111, 547. 63 101,452,588.54 101, 552, 062. 67 136, 783,162. 26 103,719,453.43 Clear'g-house exc'gs 25, 722, 720. 00 20, 875, 528. 00 22, 411, 826. 00 Bills of other banks . 24, 761, 487. 00 20, 388, 807. 00 698, 369.91 682, 034. 93 Fractional currency. 717,823. 63 719,273,63 720, 462.37 182,284, 803.00 185,176,450.86 175, 903, 868.98 164, 326, 448. 84 171,089,458.10 Specie 97, 838, 385. 00 86, 752, 093. 00 88, 624, 860.00 Legal-tender notes . . 97, 456, 832.00 84,490, 894. 00 1.3, 355, 000. 00 12,945,000.00 13, 785, 000.00 U. S. cert's of deposit 14,890, 000. 00 9,045, 000. 00 6, 565, 205. 97 6,405,058.18 6, 800,148. 44 5 % fund with Treas. 6, 457, 820. 66 6,276, 659. 40 1, 001, 71)5.11 976, 737.81 1,066, 950. »7 Due from U. S. Treas. 1,161,617.26 1, 239, 867.01 Total 2, 837, 406, 213.93 2, 904, 922, 517 45 2, 937, 976, 370.24 2, 998, 290, 645. 91 2, 933, 676, 687. 23 REPORT OF THE COMPTROLLER OF THE CURRENCY. 273 BANKS FROM OCTOBER, 1863, TO OCTOBER, 1891—Continued, MAY Liabilities. 2,909 banks. Capital stock .. Surplu s fund Undivided profits... N at'1 bank circulat'n State bank circulat'n AUGUST 1. 13. 2,955 banks. 3.014 b a n k s . OCTOBER 5. [ DECEMBER 7. | 3,049 banks. i I 3,070 banks. $555, 351, 765. 00 $565. 629, 068.45 $J71, 648, 811. OUj $578, 462, 765. 00 $580, 733, 094. 42 Dividends unpaid... Individual deposits. 1, IT. S. deposits .. Dep'sU. S.dis.offic'rs 164, 337,132.72 67, 248, 949.16 167, 411, 521.03 70,153, 368.11 172, 348, 398. 99 62, 294, 634. 02 173, 913, 440.97) 71, 451,167. C 175, 246, 408. 26 79, 899, 218. 06 186, 231, 498. 00 106,100.00 176, 771, 539.00 98, 716.00 166, 625, 658. 00 98, 697. 00 167, 283. 343. 00 98, 699. 00 164, 904, 094. 00 98, 676. 50 1,441,628.17 1,977, 314. 40 2,239,929.46 2,495,127. 83 1,343,963.98 224, 925, 698. 26 1,., 266, 570, 537.67 1, 285, 076, 978. 58 1, 249,477,126. 95 1, 235, 757, 941.59 15, 233, 909. 94 17,556,485.93 19,186,712.77 20, 392, 284. 03 j 38,416,276.87 4, 277,187. 61 3,779,735.14 4,074,903.62 4,831,666.14! 4,515,024.05 Due to national ba'ks 249, 337,482.40 244, 575, 545.12 235, 966, 622.46 227,491, 984.15 223, 088,927.85 Due to State banks. 103, 012, 552.48 102, 089, 438.63 103, 603, 598.14 102,094,625.68 98, 809, 344.66 Notes re-discounted. Bills payable 7, 556, 837.10 2, 082, 374.21 10,132, 799. 64 2, 567, 953.30 11,125, 2-36. 08 2, 985, 987. 60 17, 312, 806. 39 4, 888, 439.43 16,268, 247. 74 5,105,112.57 Total 2, 581,143,115.05 2, 629, 314, 022.42 2, 637, 276,167. 72 2, 620,193, 475. 59 2, 624,186,330.55 I 88 Liabilities. Capital stock, Surplus fund.. Undivided profits... §• FEBRUARY 14. APRIL 30. JUNE 30. OCTOBER 4. DECEMBER 12. 3,077 b a n k s . 3,098 b a n k s . 3,120 banks. 3,140 banks. 3,150 banks. $582,194, 263. 75 $585, 449, 487. 75 $588, 384, 018.25 $592, 621, 656. 04 $593,848,247.29 179,533, 475. 38 180, 053, 507. 27 66, 606, 930. 87 78,196, 768. 9J 183,106, 435. 70 70, 296,173. 67 185, 520, 564. 68 77, 434, 426. 23 187, 292, 469.97 88, 302, 639.01 Nat'l bank circulat'n State bank circulat'n 159,750, 193.50 98, 652. 50 158, 897, 572. 00 94, 878. 50 155, 313, 353.50 82, 372. 50 151, 702, 809. 50 82, 354. 50 143, 549, 296. 50 82, 354.50 Dividends unpaid... 1, 534, 314. 51 1, 766, 496.41 7,381,894.42 2, 378,275. 70 1, 267,920.19 Individual deposits. 1,251, 957, 844.42 1,309,731,015.16 1, 292, 342,471. 28 1,350,320,861.111,, 331, 265, 617.08 55, 193, 899.19 54, 691, 454.69 54, 679, 643.93 52,140, 562. 97 46, 707, 010. 38 U. S. deposits 4, 255, 3G2. 02 4, 789, 093. 63 3, 690, 652. 65 3, 993, 900. 51 . 4,415,608.41 Dep's U.S.dis.offic'rs 241, 038, 499. 93 237, 056, 940. 91 Due to national ba'ks Due to State banks. Notes re-discounted. Bills payable Total . . 248, 248, 440. 03 260, 697, 968. 60 252, 291,134.80 105, 539,405.53 104, 502, 668. 21 109,871,372.41 114,936, 397.15 108,001,606.46 12, 866, 722.85 3, 796, 739. 99 12, 724, 238. 71 4, 469, 076. 04 13, 096,119. 55 4, 955, 068. 27 17, 305, 750. 61 6, 615, 813. 47 14, 844, 303.00 5, 707,581.41 2. 664, 366, 304.44 2. 732, 423,198.19 2, 731,448, 016.16 2, 815, 751, 341. 07|2, 777,$75,799.00 18 Liabilities. Capital steck. Surplus fund Undivided profits... Nat'l bank circulat'n State bank circulat'n Dividends unpaid... 89. FEBRUARY 26. MAY 1 3 . JULY 12. SEPTEMBER 30. DECEMBER 11. 3,170 banks. 3,206 b a n k s . 3,239 banks. 3.290 banks. 3, 326 banks. $596, 569, 330. 70 $599,472, 742. 88 $605,851,640.50 $612, 584, 095. 00 $617, 840,164.67 192,458, 759. 90 193, 746,169.52 196, 911,605. 90 76, 901, 041.65 63, 956,827. 81 72, 532, 956. 94 197, 394, 760. 55 84,866,869.13 198, 508, 794 14 97, 050, 091. 86 131,128,137. 00 128, 867, 425. 00 81, 899.50 81, 008. 50 128,450, 680.00 80, 410. 50 126,039,541.30 81, 006.50 3, 600, 054.96 1, 289, 651.13 137, 216,136.50 82,347. 50 1, 338, 706. 37 2, 007, 667. 72 3,517, 596.07 1, 442,137, 979. 08 1, 475, >, 467, Individual deposits . 1,354,973, 535.801,L, 422, 042,136. 92 42,965,811.22 43, 247, 864.17 41, 588, 43, 554, 480.27 U. S. deposits 4,136, 285.33 4, 936, 4,544, 501. 55 3,451,189.34 Dep's U.S.dis.offic'rs Due to national ba'ks Due to State banks . 289, 753.579.16 127, 751,135.48 Notes re-discounted. Bills payable 9,249, 531.33 3,013,127.72 Total 560. 37 1,436,402, 1 685. 65 613. 71 39, 224, 588.51 644. 66 4,672,950*. 14 286, 204, 670. 64 295, 841,107.17 293, 015,192. 86 267,159, 449. 09 124, 755, 971.73 131,383, 466. 80 132, 327, 094. 47 123, 713,409.48 10, 340, 502. 04 10,133,196.24 4, 083, 695.14 4,019,334.53 16, 782,511.36 7,196,238.34 15, 723, 378.11 5,970,976.65 2, 837,406,213.93 2,904,922,517.45 2,937,976,370. 24 2,998,290,645.91 2,933,676,687.23 http://fraser.stlouisfed.org/ 11167 18 Federal Reserve Bank of St. Louis 274 REPORT OF THE COMPTROLLER OF THE CURRENCY. AGGREGATE RESOURCES AND LIABILITIES OF THE NATIONAL l§90. MAY 17. OCTOBER 2. DECEMBER 19. 3,438 b a n k s . 3,540 b a n k s . 3,573 b a n k s . Resources. Loans and discounts 1,844,978,433. OG$11,904,167,351.00 ;l,933.509,332. 89 $1,986,058,320. 13 $1,932,393,206.08 Bonds for circulation 142, 531, 5tO. 00 143, 7iK), 900. 00 144, 024, 750. 00 139, 969, 050.00 139, 688,150.00 Bonds for deposits .. 31, 620, 000. 00 29, 893, 000. 00 29, G63, 000. 00 28, 386, 500. 00 27,858,500.00 2. 075, 600.00 5,624,350. 00 2, 297, 500. 00 5, 591, 800. 00 TJ. S. bonds on hand. 5, 870, 550. 00 Other stocks and 117, 051, 244, 07 116,469,536.45 115, 528, 951.02 116,609,301.40 bonds Due from reserve 116, 818, 501. 23 183,206,306. 36 185, 821, 768.04 189,451, 786.49 160,220,682.79 agents Due from national 188,064,131.93 banks 114,379,065. 00 113, 600, 039.35 112, 207, 068.35 118, 289, 612.46 111, 573,147.08 Due fro in State banks 28,800,812.21 28, 345, 930. 67 27, 311, 955. 07 28, 485, 223. 32 28,434,882.79 78, 060,490.13 75,657, 886. 82 76. 835, 316.02 Real estate, etc 72, 566, 724.91 74,211,949.99 4, 257, 598. 27 9, 099, 402. 20 13, 434, 642.44 Current expenses... 9, 038,138. 73 9,916,955. 10 14, 316, 075. 03 14, 248, 488.10 14, 568, 760.03 14, 735, 693.95 14, 450, 752. 21 Premiums paid 13, 875, 200. 34 17, 201, 819.17 15, 057, 481. 84 15,187,240.17 Cash items 15, 443, 751. 65 Clearing-house ex88, 237, 944.43 106,767,176.06 88,818,299.11 68,428,149.94 changes 112,613,788.35 Clearing-house loan 13, 395, 249. 00 certificates Bills of other banks. 21, 318,480.00 19, 813, 670.00 21,184,428.00 18,492, 392.00 18, 832, 221. 00 793, 646.45 755, 021.82 766, 846.68 746,199.91 Fractional currency. 807,162.57 Specie 181, 546,137. 80 178,165, 494. 43 178, 604, 063.56 195,908, 858.84 190,063,006.20 82, 177,126. 00 Legal-tender notes.. 86, 551, 602.00 88, 088,992.00 92,480,469. 00 80,604,731. 00 U. S. certificates of 5,760, 000.00 8, 830, 000. 00 8,135, 000. 00 deposit 9,825, 000.00 6,155,000.00 5 per cent fund with 6,069,110.84 6, 301, 510. 51 6,191, 888.87 Treasurer 6, 305,121.98 6,123, 597. 88 Due from U.S.Treas1,093,947.04 855,119.70 867, 223.14 urer Total 1, 001,631.02 816,923.48 3, 003, 334, 970.28 3, 010, 216, 220. 33 3, 061, 770, 825. 70 3,141, 487,494. 85 3, 046, 938,825.59 1891. Resources. FEBRUARY 26. MAY 4. JULY 9. SEPTEMBER 25. 3,601 banks. 3,633 banks. 3,652 b a n k s . 3,677 b a n k s . $1, 927,654,559.80 $1, 969, 846, 379. 67 Loans and discounts 140,183,450. 00 140,498, 400.00 Bonds for circulation 27, 904, 500. 00 27, 954, 500. 00 Bonds for deposits 3,466, 250. 00 3, 768, 850. 00 U. S. bonds on hand 121, 099, 034. 59 122,333, 707. C6 Other stocks and bonds 182, 645, 602. 94 180,004,721.63 Due from reserve agents 110,850, 874. 53 112,500, 098. 73 Due from national banks 27, 955, 862. 77 28,172, 653.23 Due from State banks 79,096, 556. 48 80, 874, 918. 58 Real estate, etc 8,396, 041. 93 11, 405, 934. 04 Current expenses 14, 491, 627. 05 14, 960, 592.48 Premiums paid 13, 349,234. 66 17, 602, 457. 69 Cash, items 77,828,113.56 126, 447, 384.31 Clearing-house exchanges... Clearing-house loan certificates 610, 000.00 120, 000. 00 Bills of other banks 19, 076, 0«5. 00 20,458, 257. 00 Fractional currency 864, 742. 88 830,198.62 Specie 201,240, 362. 82 194, 939, 411.31 Legal-tender notes 89, 400, 399. 00 96, 375, 249.00 TJ. S. certificates of deposit.. 11,655, 000. 00 11, 515, 000.00 5 per cent redemption fund with Treasurer 6,133,544.12 6,158,960. 87 Due from U. S. Treasurer 729, 226. 35 1,100,310.17 Total 3, 065, 002,152. 30 3,167,494, 901.17 $1, 963, 704, 948.07 $2,005,463, 205.93 142, 586,400. 00 150, 035, 600.00 25,150, 500.00 20, 432,500. 00 4, 963, 650. 00 4,439, 450. 00 122, 347,244. 98 125,179,07(5.40 175, 591, 085. 51 193,990, 323.44 114,471,803. 70 115,196, 682. 26 27,742, 727.64 29, 471, 898.95 81, 919,491. 00 83, 270,122.08 4, 624, 889.19 9, 879,231.42 14, 351, 727.16 14, 705, 700.70 16,073,092.99 13,272,645.10 80, 305, 873. 21 122, 039,882.10 21,418,977. 00 863,181. 74 190, 769, 537. 46 100, 399, 811. 00 18, 845, 000. 00 19, 991,167.00 867, 462. 37 183, 515, 075. 91 97,615, 608. 00 15, 720, 000.00 6,129, 840.09 1,155,473.05 6, 536, 9,31. 51 1,457, 807.85 3,113,415,253.79 3,213,080,271.02 REPORT OF THE COMPTROLLER OF THE CURRENCY. 275 BANKS FROM OCTOBER, 1863, TO OCTOBER, 189!—Continued, I §90. FEBRUARY 28. Liabilities. Capital stock . . . 3,383 banks. Dividends unpaid.. JULY 18. 3,484 banks. OCTOBER 2. DECEMBER 19. 3,573 banks. 3,540 banks. $626, 598, 200, 00 $635, 055, 276. 09 $642, 073, 676.00 $650,447, 235. 00 $657,877,225.00 Surplus fund Undivided profits.. National-bank circulation State bank cireulalation MAY 17. 3,438 banks. 204, 433, 604.19 207,136,196.13 212, 614, 661. 01 213, 563, 895. 78 214,965, 633. 67 85, 753, 976. 34 94, 049, 477. 44 79, 854, 737. 58 97, 00S, 635.74 111, 772,985.42 123, 862, 282. 00 125, 791, 940. 00 126, 323, 880.00 122, 928, 084.50 123, 038, 785.50 81, 003. 50 77, 352. 50 77, 335. 50 77,333.50 1, 612, 499. 50 1, 766, 523.94 2, 844, 708. 73 2, 876, 836. 34 77, 328. 50 1,167,262.71 Individual deposits 1, 479, 986, 027.48 1, 480,474, 472.32 1,521,745,665.2313 :,1 564, 845,174. 671 , 485, 095, 855.70 TJ. S. deposits Deposits U. S.disb'g officers 28,194,911.44 27, 047, 519.80 4, 277, 638.17 3,672, 054. 34 3, 552,392. 28 4, 229, 511. 42 4, 456, 472.43 Due to nat'l banks. 297, 098, 933.41 281, 994, 358.12 288, 296, 836. 21 285, 081, 259. 25 253, 082,126. 32 Due to State banks. Notgs and bills rediscounted 137, 067, 285. 29 132, 465, 337.41 135,305,641.11 141, 350, 726. 21 121,438, 255. 50 10,371,343.29 13,419, 992.95 15, 027,632. 53 23, 660,329.51 25, 598,405.72 Bills pay able Clearing-house loan certificates 3, 997, 265. 67 7,265, 719. 29 7, 028, 049.14 10, 301, 913. 54 11, 501, 225. 76 Total 27,025, 610. 38 25,118, 559.39 24, 922, 263. 36 11, 945, 000. 00 3, 003, 334, 970. 28 3, 010, 216, 220. 33(3,061, 770, 825. 70 3,141, 487, 494. 85 3, 046,938, 825. 59 1891. FEBRUARY 26. Liabilities. Capital stock Surplus fund Undivided profits National-bank circulation.. State- bank circulation Dividends unpaid Individual deposits IT. S. deposits Deposits U. S. disbursing officers Due to national banks Due to State banks Notes and bills rediscotmted Bills payable Clearing-bouse loan certificates Total MAY 4. JULY 9. SEPTEMBER 25. 3,601 banks. 3,633 banks. 3,652 banks. $662, 518,459.15 $667,787,406.15 $672, 903,597.45 $677, 426, 870. 25 220, 515, 678. 70 95,972, 506. 90 222,491, 983. 46 101,502,654.66 227,199,041.46 87,448, 472.14 227, 576,485. 91 103,284, 673.73 123,112, 529. 00 76, 700. 50 123,447, 633. 00 74,117. 50 123, 915, 643. 00 74,138.50 " 131,323,301.50 74,118.50 2,104,185. 98 4,645,261.20 1,575,506,099.18 1,535, 058, 568. 73 24,411, 606.10 21, 523,185. 64 1,453,735.58 1,588,318,081.37 15,700,672.40 1,338,745.25 1,483,450,033.17 24, 923, 462.24 3,677 banks. 4, 323, 333. 50 4,781, 045.75 4, 387, 991.08 4, 566, 660.33 280, 514,008. 37 142,324, 866. 94 277,560, 322. 78 142, 455, 768.77 270, 744,474. 60 137, 727, 372. 05 288, 576, 703.96 142, 018, 070.06 17, 330, 630. 55 7,456, 781. 57 16, 604, 735. 21 8, 482,342.63 19, 719,695.08 8, 067, 812.86 21, 981, 952. 56 10,778, 944.87 1,144,416.46 285,000.00 3, 065,002,152.30 3,167, 494, 901.17 3,113,415,253.79 3,213,080,271.03 A SUMMARY OF THE STATE AND CONDITION OF THE NATIONAL BANKS ON DECEMBER 19, 1890, FEBRUARY 26, MAY 4, JULY 9, AND SEPTEMBER 25, 1891. Arranged by States, Territories, and Reserve Cities. NOTE.—The abstract of each State ia exclusive of any reserve city therein. 277 278 REPORT OF THE COMPTROLLER OF THE CURRENCY. ABSTRACT OF REPORTS SINCE OCTOBER 2, 1890, MAINE. DBGBMBER 19. FEBKUARY 26. MAT 4. JULY 9. SEPTEMBER 25. 78 b a n k s . 78 b a n k s . 78 ban kg. Resources. 78 b a n k s . 78 banks. Loans and discounts. $22,487, 407.41 $21,688,918.02 3, 997, 500. 00 Bondsfor circulation. 4, 030, 500. 00 170,000.00 Bonds for deposits . . 170, 000.00 6, 000. 00 U. S. bonds on hand.. 6, 000. 00 1,009,115.95 Other stocks and b'ds 956, 544.65. 2, 034,456. 42 Due from res've ag'ts 2,241,721.71 5(56, 044. 71 Due from nat'l banks 662, 523. 07 61,973.01 Due from State banks 73, 570. 78 577,346. 28 Banking house, etc - . 572,204.42 23,198.96 Real estate, etc 22, 573.96 48, 344.78 Current expenses . . . 86, 049.34 130,760. 68 Premiums paid 135, 999.45 192,64S1.12 Cash items ...-•-. 231, 917.18 75,477.41 Clear'g-house exch' gs 94, 642.20 232,215. 00 Bills of other banks.. 273, 504. 00 5,913.07 Fractional currency. 4, 702. 95 834,975. 77 Specie 797, 868. 52 249,433. 00 Legal-tender notes . . 320, 770. 00 TX. S. cert's of deposit 5% fund with Treas. 176, 759.50 175,177.00 Due fromTT.S.Treas. 4,500. 50 8,660. 50 Total 33,349, 759.64 32,088,158.68 $21,625,544.20 3, 977,500.00 170, 000. 00 6, 000.00 1, 008,784. 56 1, 808, 658. 08 604,553.62 55, 738. 14 578,384. 01 22. 573.96 203, 873. 50 135, 323.78 245, 030. 34 86, 913.93 253,828. 00 5,175.58 836,109.17 243,131.00 $21,765,103.32 $21, 887,215.13 3, 977, 500. 00 3, 805,150. 00 190, 000.00 190, 000. 00 6, 000. 00 1,167, 497.08 1,301,695.78 2, 370, 711. 68 2, 399, 689.08 611, 997.04 611, 428.85 68,124.62 51, 721. 99 579, 229. 5 1 ' 586,385. 38 41, 073. 96 35, 723. 96 17, 902. 98 56, 451.29 134,171. 41 143, 885. 84 297, 214. 91 250, 082.57 72, 542. 54 70, 687.09 315, 795.00 279, 912. 00 5,417.98 5,909.31 856, 620.96 903, 641. 34 273, 620. 00 279, 210.00 171, 397.50 17, 771.00 168,187.50 7, 219. 50 162,981.75 5, 270.00 32,056,290.37 32,925,929.99 33,027, Oil. 36 NEW HAMPSHIRE, 51 b a n k s . Loans and discounts. $11, 880, 383.07 2, 913, 250.00 Bonds forcirculation. 350, 000.00 Bonds for deposits... 600.00 TT. S. bonds on hand.. 1, 786, 203. 70 Other stocks and b'ds 1, 368, 336. 58 Due from res've ag'ts 214, 227.29 Due from nat'l banks. 64, 260. 53 Due from State banks 232,135. 85 Banking house, e t c . . 7,497.96 Keal estate, etc 56,748.21 Current expenses . . . 166, 556.25 Premiums paid 137, 835.28 Cash items C lear' g-ho use exch' gb Bills of other banks.. 211,486.00 Fractional currency. 7, 381. 47 Specie 436, 057. 65 Legal-tender notes. - . 168, 733.00 TT. S. cert's of deposit. 5% fund with Treas. i25, 046. 25 Due from U. S.Treas. 2, 550. 00 Total 20,129,289.09 52 b a n k s . 52 banks. 52 b a n k s . 52 b a n k s . $11,470,413.09 2, 925,750. 00 350, 000.00 100.00 1,825,340.94 1,044,102.87 215, 927.28 35,130.47 235, 591. 60 6,432. 72 37, 546. 57 140, 515. 00 131, 654. 72 $11,457,201.47 2, 925,750. 00 350, 000.00 100. 00 1, 833, 348.38 1,602, 317.80 219, 742.12 36, 325. 00 240, 722. 24 10, 544. 92 47, 834. 52 151,015.00 156,825. 03 $11, 573,311.40 2, 925, 750.00 350, 000. 00 100.00 1,838,175. 07 1, 604, 485.02 280, 359.80 39, 611.91 239,716.13 6,437.92 30, 244.55 144, 715. 00 145,429.41 $11, 739,723.97 2,912,000. 00 300, 000. 00 100.00 1, 891, 894.97 1, 767,393.37 263, 875. 45 41,145. 58 243, 266.13 7, 950.67 51, 701.36 138,100.00 125,162.71 177,180. 00 7, 446.57 421, 683.50 149,067.00 192, 917.00 6, 627. 67 437, 610.64 190,120.00 305,499. 00 7,015.25 462, 224.12 190,162.00 210, 7, 472, 186, 131, 096. 25 3, 040.00 131,008. 75 1, 690.00 129,118.75 6,430.00 127,290.75 5,540.00 19,308,018.58 19,991,700.54 20,278,785.33 20,492, 595.53 684. 00 624. 66 319.91 822. 00 V BRMONT. 51 b a n k s . Loans and discounts- $14,211,160.03 2, 843, 000. 00 Bonds for circulation 229, 500. 00 Bonds for deposits. -•* 22, 300. 00 XJ. S. bonds on hand.. 699, 614.15 Other stocks and b'ds 1, 111, 069.83 Due from res've ag'ts 176,922.36 Due from nat'l banks 36,532.40 Due from State banks 198, 629. 26 Banking house, etc . . 59, 309. 03 Real estate, etc 72, 991.04 Current expenses - . . 103, 952.87 Premiums paid. 72,840. 43 Cash items Clear'g-house exch'gs Bills of othor banks.. 89,147.00 Fractional currency. 4,951.93 Specie 416, 329.09 Legal-tender notes . . 223,141.00 TJ. S. cert'sof deposit. 5%fundwithTre»s. 103,335.00 Due from XJ. S. Treas. Total 20,674,725.42 50 b a n k s . 50 banks. 50 b a n k s . $13, 871,226. 62 2,810, 500.00 229, 500.00 22, 300. 00 674, 576. 65 1,182,546. 28 169, 558. 91 26, 964.04 197, 829.26 58, 996. 38 21, 737. 92 103,005. 25 61, 796. 76 $13, 908,486.21 2,802, 500.00 229, 500. 00 42,900.00 686, 676. 53 1,228, 599. 37 170, 660. 57 37,410.41 197, 829. 26 58, 846.80 55,310. 03 109,257. 75 82,786. 57 $13, 971, 667.24 2,840,000.00 229, 500. 00 18,100.00 664, 772.18 1,454, 057.35 257, 596. 04 28,912.25 194, 579.26 56, 779.01 12,280.73 102, 829.62 97,625.95 $14,101,935.92 2, 942, 500. 00 179, 500. 00 16,150. 00 690, 050. 59 1,464, 070.30 188, 703.32 57,254.87 200, 930.42 62,196. 04 32, 260. 53 119, 655. 39 92,422.94 729.00 828. 30 589. 86 519.00 95, 268. 00 6, 384.55 428, 020.23 218, 649.00 100,504.00 6,082.48 461,574.28 318, 583.00 100,239. 00 5, 878. 79 476, 810. 88 212, 624.00 116, 882. 50 409.40 112, 732.50 108,435.00 770.00 118,530.50 1,000.00 20,302,496.13 20,471, 817. 78 20, 924, 648. 39 21,062,713.49 83, 5, 442, 222, 50 banks. REPORT OF THE COMPTROLLER OF THE CURRENCY, 279 ARRANGED BY STATES AN1> RESERVE CITIES. MAINE. DECEMBER 19. Liabilities. Capital stock FEBRUARY 26. 78 banks. 78 banks. $10, 910, 700. 00 $10, 935, 000.00 MAY 4. JULY 9. 78 banks. $10, 935, 000.00 78 banks. $10, 935,000.00 SEPTEMBER 25. 78 banks. $10, 935, 000.00 Surplus fund Undivided profits 2,721,150. 00 1,899,590.74 2, 748, 775. 00 1, 684, 915. 71 2, 757,175.00 1,726,760.83 2, 725, 200. 00 1,480, 453.39 2, 708, 020.00 1,644, 947. 54 Nat'1-bank circulation State-bank circulation 3, 570, 288.00 3, 526, 343. 00 3, 533, 333. 00 3, 543, 683. 00 3,371, 008.00 44, 273. 93 48, 022.61 63, 848.74 139, 525.28 45,162. 90 Individual deposits .U.S. deposits Dep'tsU.S.dis.officers 11, 863,139. 01 83,178. 70 98, 304. 95 11,444,053.78 80, 258. 89 89, 215. 40 11,284,206.12 73,189. 74 93, 654.10 12,175,582.11 97,771.11 77, 460. 29 12, 535, 720. 30 71, 938.64 107,707.62 Due to national banks* Due to State banks... 724,669.31 143,311.41 497,175.85 310, 886.83 479, 053. 89 248,532. 89 664,214.33 162, 602.10 588,647.15 168, 200.17 Notes rediseounted . . Bills payable 672, 950.8 L 618, 202.78 199, 590. 52 523, 921. 09 419,161,86 442,374.20 261, 530.49 662, 907.89 153, 512.54 697,176.50 33, 349, 759. 64 32, 088,158. 68 32, 056, 290.37 32,925, 929. 99 33,027,041.36 Dividends unpaid Total NEW 51 banks. HAMPSHIRE. 52 banks. $6, 230, 000. 00 $6, 261, 050. 00 Surplus fund Undivided profits 1, 581, 763. 68 920, 006. 58 Nat'lbank circulation State-bank circulation 2, 580, 455. 00 6, 828. 00 Capital stock 52 banks. 52 banks. 52 banks. $6, 271, 925.00 $6, 280, 000. 00 $6, 305, 000. 00 3,593,547.33 763, 957.97 1, 590, 649.74 823, 578. 09 1,611,912.33 688,415. 48 1, 624, 912.13 784, 022. 08 2,573, 785. 00 6, 828.00 2, 603, 665. 00 6, 828. 00 2,575,415. 00 6,828.00 2, 557, 770.00 6, 828. 00 Dividends unpaid . 17, 917. 38 22, 668.42 35,428.42 64, 919. 46 23,191.63 Individual deposits. U. S. deposits Bep'ts U.S.dis. officers 7, 044, 050. 66 263, 595. 03 92, 863. 71 6, 544,960. 83 282, 653.40 105,044.10 6,896, 375.77 265,723. 99 123, 695. 48 7,309, 512. 60 307, 846. 73 80, 524.69 7, 623, 281.83 197, 684. 92 115, 617.26 Due to national banks Due to State b a n k s . . . 941,330.58 291, 547. 25 739,144. 76 284,380.89 855,808. 95 381, 509. 60 872,372. 00 374, 518.95 797,154.56 393,650.26 Notes rediscounted .Bills payable 143, 931. 22 . 15,000.00 128, 093. 04 1, 904. 84 121,512.50 15,000.00 91, 820. 29 14,700.00 63, 080. 20 402.66 20,129,289.09 19,308,018.58 19, 991, 700.54 20,278,785.33 20,492, 595.53 Total VERMONT. 51 banks. 50 banks. 50 banks. 50 banks. 50 banks. $7, 355, 000. 00 $7,310,000.00 $7, 210, 000. 00 $7, 210, 000. 00 $7,210,000.00 Surplus fund Undivided profits 1,773,364.41 1,086, 532.04 1, 800,117.48 837, 003.99 1, 800,117.48 979, 836. 75 1, 800, 677.48 783,221.68 1,806, 460.00 904, 784.39 Nat'1-bank circulation State-bank circulation 2, 527, 665. 00 2,485,250.00 2, 5Q1, 270.00 2, 501, 495.00 2, 59.1, 235. 00 Capital stock 6,273.52 14, 283.33 9,123. 67 51,449.82 Individual deposits.. U. S. deposits Dep'tsU.S.dis.offieers 7,183,686.54 200,499. 44 12, 438. 72 7,256, 663. 33 204, 558. 50 7,479. 07 7, 245, 592.17 206,943.18 5,297.08 7, 750, 528.32 178,133.60 1,718.33 7,909,221.15 89, 624. 52 9, 915.19 Due to. national banks Due to State banks... 354, 951. 56 100, 063. 83 230,858. 35 85, 748.50 297, 738.60 131,309.45 423, 607. 50 156,462.57 306,190. 62 159, 020. 73 Notes rediscounted . . Bills payable 73, 617.98 632.38 20, 000.00 50, 533. 58 74,055.82 10, 533.58 56,820.51 10, 533.58 55,936.92 10, 000. 00 20,674,725.42 20,302,496.13 20,471, 817. 78 20,924,648.39 21,062, 713.49 Dividends unpaid Total 10, 324.97 280 REPORT OF THE COMPTROLLER OFTOECURRENCY. ABSTRACT OF REPORTS SINCE OCTOBER 2, 1890, ARRANGED MASSACHUSETTS. Resources. DECKMBER 19. FEBRUARY 26. MAY 4. JULY 9. SEPTEMBER 25. 204 banks. 205 bank?. 205 b a n k s . 207 banks. 207 b a n k s . Loans and discounts. $104, 862, 603. 46 $104, 2f>:S, 452. 65 13, 821, 65i). 00 Bonds for circulation 13,761,650.00 320, 000. 00 320, 000. 00 Bonds for deposits... 20, 800. 00 75, 800. 00 U.S. bonds on hand.. 5, 084, 738. 24 Other stocks and b'ds 5,14S, 3-16. 29 8,2.1,677.97 Due from res've ag'ts 8, li>(), 264 15 981,175. 02 1,32*, 723.96 Due from nat'l banks 91,302.82 105, 701.70 Due from State banks 2, 658, 478. 44 Banking house, etc .. 2,682, 149.09 247, 864. 04 245,291.32 Real estate, etc 499, 074. 70 566, 863. 79 Current expenses 657, 692. 44 662, 797. 84 Premiums paid ...*... 637, 009. 96 686, 592. 81 Cash items 70, 248. 47 62,190.11 Clear' g-house exch'gs 893, 419. 00 874,671.00 Bills of other banks.. 51, 645. 00 46, 572. 43 Fractional currency. 3,512,979.25 3, 473, 669. 85 Specie 1,498,818.00 Legal-tender notes .. 1, 579, 849. 00 200, 000. 00 210, 000. 00 U.S. cert's of deposit. 607, 676. 25 606, 044. 25 5 % fund with Treas. 35, 950. 00 25, 730. 00 Due from U. S. Treas. Total 145, 515, 511. 95 144,408,652. 85 $106,001,660.55 $105, 568, 536. 20 $105,987,738.01 13, 70S, 150. 00 14, 040, 650. 00 15, 234, 450. 00 320, 000. 00 240. 000. 00 200, 000. 00 20, 800. 00 117, 800. 00 25, 150. 00 5, 248, 490. 64 5, 308, 662. 90 5,187, 039. 08 10, 504, 836. 69 9, 845, 954. 87 9, 957, 751. 92 1, 309, 783. 56 978, 364. 34 935, 825. 37 130, 232. 33 85, 598.36 103, 113.97 2, 778,199. 77 2, 809,105. 20 2, 735, 587 93 250, 490. 78 270, 392. 56 238, 259. 26 271, 521. 86 625,199.91 273, 514. 68 722, 302.72 864, 354.34 632, 058.47 874, 018. 21 614, 979. 86 720, 202. 58 85, J70. 69 51, 034 47 90, 880. 26 1,138, 490. 00 1, 011, 687. 00 958, 277. 00 52, 218. 34 53, 679. 62 46, 873. 50 3,807,611.50 3, 713, 632.10 3, 505, 688.67 1, 819, 857. 00 1,625,196. 00 1,510, 513.00 195, 000 00 195, 000. 00 195, 000. 00 619, 998. 75 673,489. 75 610, 206, 25 33, 640. 00 30, 440. 00 18, 490. 00 147, 839,719.26 149, 808, 819. 04 150,194, 282. 52 56 b a n k s . 56 banks. CITY OF BOSTON. 56 b a n k s . 56 banks. Loans and discounts. $143, 291, 952. 94 $145, 794, 323. 77 3,741,500.00 3, 741, 500. 00 Bonds for circulation 765,000. 00 765, 000. 00 Bonds for deposits. - 15,050.00 1, 200. 00 U. S. bonds on hand.. 5, 389, 917. 66 Other stocks and b'ds 5,157, 100.01 Due from res've ag'ts 15, 934, 416. 49 '17,236,374.32 Due from nat'l banks 12, 989, 977. 84 11,38L,794.56 743, 933. 43 474, 339. 38 Due from State banks 2, 599, 574. 72 Banking house, etc .. 2,601,817.22 156,140.67 165, 668.67 Real estate, etc 1,119, 318. 88 728,172.09 Current expenses 435, 570. 75 438, 180. 75 Premiums paid 304,021.75 425, 270. 79 Cash items 7, 259, 729. 70 Clear' g-house exch'gs 10, 614, 795. 07 644, 282.00 904,210.00 Bills of other banks.. 18,197. 56 23, 603. 81 Fractional currency 10, 451, 611. 99 11, 528, 979. 89 Specie 3, 482,543. 00 Legal-tender notes .. 4,453, 091. 00 605, 000. 00 315,000.00 U S. cert's of deposit 168, 367. 50 168, 367. 50 5% fund with Treas . 70, 000. 00 115, 712. 00 Due from U. S. Treas Total 214, 838, 355.45 212,382,252. 26 56 bankvS. $147, 224, 234. 62 $143, 547, 915.22 $146,730, 012. 30 3,741,500.00 3, 966, 500. 00 4,425, 000. 00 765, 000. 00 540, 000.00 315, 000. 00 42, 050. 00 53, 750. 0Q 10, 950. 00 5, 475, 781. 56 5, 372, 508. 36 5, 529, 320. 41 17, 759. 906. 23 18, 463, 132. 66 17, 559, 734. 88 12, 829, 059. 86 16, 023, 759. 05 11, 221, 891. 88 431,780.81 414,721.49 248, 330.12 2, 599, 497. 64 2, 618, 697. 55 2, 668,404.47 156, 027. 29 154, 003. 41 180,174. 01 205, 247.87 600, 918.14 709, 230.18 408, 550. 75 485,315.37 536, 888. 40 342,159. 38 332, 388 36 223, 401. 02 9,103, 764. 14 8, 796, 767. 50 11,154,596.49 720, 447. 00 953, 287. 00 1, 008.138. 00 19, 465. 50 21, 767.12 21, 325. 08 11,131, 939. 93 • 9, 856, 956. 05 8, 926, 773.30 3, 248,294. 00 4, 739, 292. 00 5, 960, 705.00 465, 000. 00 375, 000. 00 880, 000. 00 168, 367. 50 172, 867. 50 199,125. 00 53, 500. 00 128, 943.00 119, 800. 00 216, 891, 574.08 217, 618, 489.78 218,628, 800. 54 59 b a n k s . 59 b a n k s . RHODE ISLAND. 59 banks. Loans and discounts $36,156, 388.18 Bonds for circulation. 3, 501. 250. 00 150, 000. 00 Bonds for deposits... 30, 050. 00 U. S. bonds on hand.. Other stocks and b'ds 1, 846, 870. 20 3,196, 344. 67 Due from res've ag'ts 1, 278, 667.32 Due from nat'l banks 45, 831. m Due from State banks 834,984.79 Banking house, etc .. 114, 261.99 Real estate, etc 123, 272 34 Current expenses 237, 970. 71 Premiums paid 121, 481. 27 Cash items 346, 909. 62 Clear'g-house exch'gs 337, 756. 00 Bills of other banks.. 14, 590. 65 Fractional currency. 827, 137, 98 649,117. 00 Legal-tender notes .. U. B. cert's of deposit. 155,921.25 5% fund with Treas. 26,472.50 Due from U. S .Treas. 49,995, 278.13 Total 59 banks. $36, 072, 977. 28 3, 501, 250. 00 150, 000. 00 30, 050.00 1, 83:;), 255. 29 2,036,713.98 880, 107. 60 106, 478. 79 852, 735. 78 121, 742. 27 85, 207.99 230, 083. 21 116, 642. 03 298, 849. 18 270, 428. 00 17, 704. 60 864, 390. 74 586, 320. 00 59 b a n k s . $36, 081, 779. 46 $35, 811, 145. 04 $36, 637, 918. 53 3, 501, 250. 00 3, 501, 250. 00 4,316,250.00 150, 000. 00 150, 000. 00 125, 000.00 30, 050. 00 30, 050.00 30, 050. 00 1,860, 322.12 1, 897, 804. 82 2, 033, 597. 87 2, 337, 098.33 3,171, 388. 08 2, 698 673. 30 887, 862. 32 981, 129.14 1, 002, 319.16 121, 959. 90 79, 228. 53 82, 233. 82 878, 047.09 906, 144. 53 889, 962. 44 149, 488. 68 147, 337. 28 150, 606. 37 58, 250.66 104, 829. 93 102, 737.45 275, 835. 09 258,410.09 412, 960. 09 186, 823. 38 170,807.57 186, 820. 65 356, 272. 91 303, 254. 65 274, 322.31 319, 590. 00 379, 585. 00 302, 756.00 16, 039. 64 17, 194. 69 16, 782. 36 848 15V 26 988, 595. 48 942, 557.18 593,951.00 552, 9SJ8. 00 584,621.00 157,011.25 35, 922. 50 153,531.25 14, 282.50 148, 431.25 24, 542. 50 48, 253,870. 49 48, 809, 912.91 49,618, 588.17 184, 818. 25 31, 682.50 51,022,851.37 EEPOBT OF THE COMPTROLLER OF THE CURRENCY. BY STATES AND RESERVE CITHS 281 CoiithnuiL MASSACHUSETTS. Liabilities. Capital stock DECEMBER 19. FEBRUARY 26. MAY 4. JULY 9. 204 banks. 205 b a n k s . 205 b a n k s . 207 b a n k s . $45, 167, 500. 00 $45, 217, 500. 00 $45, 217, 500. 00 $45, 367, 500.00 SEPTEMBER 25. 207 b a n k s . $45, 485, 275. 00 Surplus fund Undivided profits 15,031, 138.05 6, 245, 212.34 15,077,586.59 6, 437, 198. 93 15, 240, 830. 59 5, 299, 802. 06 15,318, 630. 59 5, 603, 233. 25 15, 352, 683. 01 6, 578, 290. 96 !Nat'l-bank circulation State-bank circulation 12, 264, (194. 50 12,263,405.50 12, 205,179. 00 12, 304, 939.50 13, 519, 404. 50 Dividends unpaid 94,891.45 87, 617. 37 180,708.48 240, 604. 82 155, 055.60 Individual deposits... U. S. deposits Dep'ts U.S.dis. officers 61, 409, 757. 84 340, 103.84 6, 160. 28 61,342,981.87 340, 389. 67 6, 006. 64 65, 783, 826. 70 340, 273. 42 4, 959.04 66, 481, 668. 08 251, 708. 24 5, 094. 65 65, 342, 873. 33 185. 501. 63 9, 226.02 Due to national banks Due to State banks .. 3,174,992.58 180, 472. 90 2,422,699.19 173, 881. 39 2,162, 690. 31 349, 824.40 2, 885, 300. 61 251, 785. 94 2, 585.396. 50 264, 328.49 Notes re-discounted.. Bills payable 1,084, 475.07 516,112.50 692, 385. 64 347, 000. 00 669,125. 26 385,000.00 753,159.19 345, 224.17 350, 222.48 366,025.00 145, 515, 511.95 144,408, 652. 85 147,839, 719. 26 149, 808,849.04 150,194,282.52 Total CITY OF BOSTON. Capital stock Surplus fund Undivided profits Nat'1-bank circulation State-bank circulation Dividends unpaid Individual deposits.. U. S. deposits Dep'tsU.S.dis.officers Due to national banks Due to State banks... Notes re-discounted Bills payable Total 56 b a n k s . 56 b a n k s . 56 banks. 56 b a n k s . $51,800,000.00 $51, 800,000.00 $51.800,000.00 $51, 800, 000. 00 $51, 800, 000.00 14, 047, 236. 26 6,204,601.43 14, 047, 236. 26 7,790, 625. 35 14, 536, 613.57 5,447, 908.17 14, 531, 613. 57 6, 526, 635. 05 14, 414, 838. 81 7, 204, 817. 98 3, 352,720.00 3,351, 610.00 3, 347,110.00 3, 535, 730.00 3, 966, 315.00 56 banks. 40, 591.97 29, 244.68 62,846.99 36,166.49 183, 019. 96 100, 085, 085. 24 703, 561. 59 79, 928. 44 94, 579, 026. 69 749,191.46 74, 685.45 98,998, 615. 79 748,148. 80 69, 564. 60 96, 253, 918. 57 457, 638. 47 106, 910. 37 98,424,317. 76 225,118. 88 88, 642. 80 26, 480, 511. 37 8, 789,119.15 28, 879, 659. 79 10, 759,172. 58 30, 683, 010. 67 10, 768,755.49 32, 857, 661. 74 11,248,215.52 30, 302, m . 85 11,905, 557.50 3, 249,000. 00 321, 800.00 429,000.00 264,000.00 114, 000.00 214,838,355.45 212, 382, 252.26 216, 891,574.08 217, 618,489.78 218,628, 800. 54 RHODE ISLAND. 59 b a n k s . 59 banks. 59 b a n k s . 59 b a n k s . $20,184, 050. 00 $20,184, 050.00 $20,184, 050. 00 $20,184, 050.00 $20,277,050.00 Surplus fund Undivided profits 4, 577, 835.17 2, 070, 628.41 4,605,246.40 1, 946, 803.25 4, 647, 645. 99 1, 899, 089. 86 4, 654, 268. 92 1, 640,423. 34 4, 699, 670.05 1, 970, 994.93 Nat'1-bank circulation State-bank circulation 3,100, 847. 00 3, 090, 590. 00 3,113,615.00 3,102, 755.00 3,775,470.00 Capital stock Dividends unpaid 59 b a n k s . 63, 423. 32 74, 079. 38 117, 429. 78 178, 089. 74 81,418.14 Individual deposits .. U. S. deposits Dep'tsU.S.dis.officers 16, 227, 767 48 107, 092.44 48, 617. 42 15, 279, 412. 98 89,114.82 64, 316. 56 15, 792, 098.02 91, 021. 75 54. 300.53 16,148, 729. 00 92, 823.78 62, 889. 21 17,110, 631.68 22,545. 08 99,971.57 Due to national banks Due to State banks... 2,495, 596.88 1,105, 529.73 1, 896, 233.72 964, 023. 38 1, 798, 893.11 1, 061, 768.87 1, 967, 908. 93 1,481,650. 25 1,793, 759.93 1, 086, 339.99 Notes re-discounted.. Bills payable 13,890.28 5, 000. 00 55, 000.00 50, 000.00 105, 000.00 105,000. 00 48, 253, 870.49 48, 809, 912. 91 49, 618,588.17 51,022,851.37 Total 49, 995, 278.13 282 REPORT OF THE COMPTROLLER OF THE CURRENCY. AlJSTUACT <>F RKPOUTS SINCK OCTOBKB 2 , 1890, ARKANGEB Resources. CONNECTICUT. DECEMBER 19. FEBRUARY 26. MAY 4. 84 banks. 84 banks. 84 banks. JUI/Y 9. SEPTEMBER 25. 84 banks. 84 b a n k s . Loans and discounts $47, 529,332.95 $48, 087, 599. 75 $47, 599, 776. 26 $47, 586,133.47 $47, 879, 635. 56 5,165, 500. 00 5,142, 500.00 5, 602, 500. 00 Bonds for circulation. 5,142, 500.00 5, 776, 000.00 1, 029, 000.00 1,02a, 000. 00 . 715, 000. 00 Bonds for deposits . . 1, 025, 000. 00 437, 000. 0b 50, 200. 00 25, 200.00 IT. S. bonds on hand.. 200. 00 20,300. 00 no, 2oo. oo 3,984, 602.15 Other stocks and b'ds "4,060,078.90 4,100,077.26 3,943,225. 31 4, 095, 606.02 5, 011, 484. 86 7,161, 759.58 Due from res've ag' ts. 5, 004, 773. 28 5, 677, 372. 50 5, 620, 879.43 2, 028, 586. 90 2, 974,196. 35 Due from nat'l banks. 2,389,289.00 2, 435,123. 32 1,667,123.03 414, 867. 39 378,085. 44 Due from State banks 305, 629. 66 276,831.50 173, 354.43 1, 5"73,250. 95 1,565,425.81 Banking house, etc.. 1, 565. 706. 54 1, 573, 703. 23 1, 563, 790. 04 200,028. 34 200,721.91 Real estate, etc 193, 086. 59 197, 954. 05 200, 296.91 292,487.70 66, 530. 52 Current expenses 134, 857.06 155, 578. 74 242,421.62 489,067. 80 496,495. 08 Premiums paid 449, 687.73 499, 792. 08 490, 587.73 282,171.35 473,533.76 Cash items 342,175.47 315, 576. 02 403,445. 95 268,191. 83 411,015.87 Clear'g-house exch'gs 207, 217. 31 313, 367. 64 261,473.80 522,101. 00 534, 668.00 Bills of other banks.. 425, 342.00 463, 248. 00 445, 392.00 19,730. 76 23,656.22 Fractional currency. 23, 078. 78 21, 721.94 20, 391. 98 2,177,354. 45 2,474,515.88 Specie 2,257, 940.25 2, 393, 067.38 2, 366, 608. 95 854,754.00 946,160. 00 Legal-tender notes .. 793, 517. 00 804, 424. 00 779,087.60 IT. S. cert's of deposit. 5 % fund with Treas. 228,207.50 234, 252. 50 259, 920.00 228,112.50 228,012.50 Due fromU. S. Treas. 32, 200. 00 26,785.00 36,140. 00 21, 985. 00 24,230.00 72,223,181.68 Total 72,499, 920.18 72, 398, 032. 65 75, 886, 652.54 73,479,981.27 261 banks. NEW Y ORK. 265 banks. 266 banks. 265 banks. 265 banks. Loans and discounts $101,103, 007.69 $99,407,287.06 $100,110,902.88 $100, 557,763.68 $100,637,180.99 13, 581,950.00 Bon ds for circulation. 13, 720, 950. 00 13,738, 950.00 13, 589,450.00 13, 714, 450. 00 770, 000. 00 Bonds for deposits... 770, 000.00 600, 000.00 770,000. 00 770, 000. 00 395, 650.00 TJ. S. bonds on hand.. 327, 750. 00 416, 750. 00 353, 050.00 379, 050.00 7, 678, 852.21 Other stocks and b'ds 7, 591, 266. 74 7, 894, 959. 89 7, 589, 276. 82 7, 549, 512. 39 Due from res've ag'ts 10,875, 522.43 13, 370, 821. 32 11, 773, 487.31 12, 020, 517. 65 14,093,138.44 2, 811,473.15 Due from nat'lbanks. 2,639,666.42 2, 924, 271.30 2, 338, 422. 91 2, 464, 325. 91 801,330.59 Due from State banks 761,454.89 818, 843. 67 740, 062. 75 809, 935. 04 2,734,971.93 Banking house, etc.. 2, 712,193. 64 2, 765, 390. 52 2,719,361.68 2,7i5, 715.22 1, 224, 593. 40 Real estate, etc 1, 234, 793. 51 1,316,636.82 1,214,412.27 1, 224, 315. 94 223, 784.16 Current expenses 700, 561.84 412,601.24 578, 073. 60 373, 715.63 780, 992. 76 Premiums paid 888, 359.11 740, 782. 48 866. 466. 05 863, 778.82 898, 873.13 Cash items 832, 895. 81 757, 070. 46 1, 087, 766. 71 794, 345. 83 134, 490. 24 Clear' g-house exch'gs 112, 773.06 120, 342. 39 247, 567. 92 152, 328. 97 956, 762. 00 Bills of other banks.. 835, 558. 00 817, 031. 00 798, 769. 00 814, 754.00 45, 315. 04 Fractional currency. 44, 764. 78 45, 068. 71 49, 465. 54 52,468. 90 4,821, 345. 31 Specie 4,472, 939. 98 4, 788, 296.10 4, 643, 033. 81 4,925,442. 03 2, 760,625.00 Legal-tender notes .. 2,792, 484. 00 2, 757, 792. 00 2,424, 372. 00 2, 703, 657. 00 160, 000.00 U. S. cert's of deposit 170, 000. 00 160, 000. 00 165,000.00 165, 000. 00 596, 482.50 5 % fund with Treas. 609, 251.09 611,214.25 607, 085. 25 610, 866. 75 26,165.24 DuefromTJ. S. Treas. 17,861.74 31,170. 74 12, 429. 74 14, 315. 66 Total 153,2U, 054.73 153,900,586.47 152,678,456.24 N E W YORK 153,981, 937. 99 156, 422, 991. 00 CITY 49 b a n k s . 48 banks. 49 banks. 47 banks. 47 banks. $280,455, 744. 59 $296, 567, 888. 82 $294,167, 018. 83 $287, 800, 571. 69 $301,886,829.32 4,460, 000. 00 4, 504, 000.00 5, 234, 000. 00 6, 854, 000.00 4, 460,000.00 3, 620, 000.00 3, 620, 000.00 2, 560,000. 00 1,600,000.00 3, 620, 000.00 30,100.00 1, 590,350. 00 1, 829.000.00 1,081,450.00 1, 388, 200.00 22,752,858.62 24, 226, 766. 59 24, 346, 701. 59 24,630, 526.83 24, 822, 660. 86 Loans and discounts. Bonds for circulation. Bonds for deposits... U. S. bonds on hand.. Other stocks and b'ds Due from res've ag'ts Due from nat'l banks. 28, 920, 268. 08 Due from State banks 4,591, 256.99 Banking house, etc.. 10,986,087.55 Real estate, etc 841,475.57 Current expenses 1,766, 946.22 Premiums paid 749,142.33 Cash items 2,591, 781. 67 Clear'g-house exch'gs 55, 030, 563.94 Bills of other banks.. 1, 233,152.00 Fractional currency. 45,601.33 Specie 68,163, 783.39 Legal-tender notes .. 14, 450, 602.00 U. S. cert's of deposit 1, 055, 000. 00 5 % fund with Treas. 188, 850.00 Clearing-house cert's 6,935,000.00 Due from IT. S. Treas. 400,894.79 Total 509,869,109.07 23,188, 200. 69 3, 607,226. 22 10, 973, 052.87 826, 845. 97 529, 836. 91 1,008, 845.10 2, 091, 844.66 47, 227, 074. 09 1,454, 505. 00 59, 661. 41 69, 742,009. 50 21,954, 534.00 5, 820,000. 00 189,450.00 27,818,918,90 4,182, 493.10 11,089,228.15 1,127, 425. 84 1, 049, 701.19 1, 050, 562. 52 3,414, 365. 24 87,601,178. 58 1,320, 700.00 58, 271.79 58, 594, 294. 02 23, 394, 251.00 6P 080, 000. 00 190, 890. 00 360,103.14 193,188.62 519, 296,134. 97 555, 393, 539.37 27,866,523.47 4, 225, 547.15 11, 303,127. 74 1,153, 916.30 143, 552. 57 947, 326. 02 2,908,048.43 46, 960, 252.13 1, 640, 892.00 56,074.77 55,553,209.56 30, 471, 365. 00 12, 620. 000.00 203, 375.00 26, 722, 883. 00 4,494, 368.38 11, 304, 776. 40 1,159, 298. 81 737, 316.92 956, 350.54 2,141, 650. 67 86, 307, 888.94 1,295,128. 00 49,739.95 53,796,891.49 23, 761, 230.00 8, 225, 000.00 297,180.00 425,687.68 547, 008. 35 518, 532, 996. 34 558, 041, 651.63 REPORT OF THE COMPTROLLER OF THE CURRENCY. 283 BY STATES AND RESERVE CITIES—-Continued. CONNECTICUT. Liabilities. Capital stock Surplus fund Undivided profits.... Nat'1-bank circulation State-bank circulation DECEMBER 19. FEBRUARY 20. I 84 banks. 84 banks. 84 banks. $23,774, 37(U)0 $23, 774, 370. 00 $23,774,370.00 7,337,252.74 3, 053, 075. 29 4,613,742.00 4,317. 00 7, 397, 556.77 2, 569,103.00 4,560, 567. 00 4, 317.00 JULY 9. 84 banks. $23, 274, 370. 00 SEPTEMBER 26. 84 banks. $23,274,370.00 7,502, 556. 77 2,775, 581.11 7, 481, 933.58 2,247,161.49 7,490, 433.58 2, 690,192.23 4,576, 465. 00 4, 317. 00 4, 691, 820. 00 4, 317.00 5,000, 595.00 4,317. 00 25, 291.02 37,954.46 55, 823.65 138, 966. 50 42, 939.80 Individual deposits.. U. S. deposits Dep'tsTJ.S.dis.officers 27, 816, 777. 28 1, 089,060. 86 23,218.60 28, 964, 631. 34 'l, 089, 588. 75 22,434.39 30, 210, 648.07 1, 085, 373. 58 27, 200. 05 31, 567,757. 96 765, 724. 63 9,957.41 29, 504, 439. 69 431,063.71 17, 644. 20 Due to national banks Due to State banks... 3, 527, 766. 35 734, 736. 88 3, 237, 857.02 686, 662.01 1, 757, 961.50 511,337.60 4,698, 877. 01 886, 979. 51 4,129, 054.39 664, 955. 57 Notes rediscounted . . Bills payable 123, 573.66 100,000. 00 124, 878. 44 30, 000. 00 91, 398. 32 25, 000. 00 73, 787.45 45, 000. 00 104, 976.10 125, 000.00 72,499,920.18 72,398,032.65 75,886,652.54 73,479,981.27 Dividends unpaid Total 72,223,181. NE W YORK. 261 banks. Capital stock 266 banks. 265 banks. $33,034, 060. 00 $33, 220, 530.00 $32,980, 630.00 265 banks. 265 banks. $32, 984, 060. 00 $32, 984, 060. 00 Surplus fund Undivided profits 10, 014, 620. 89 8, 566,113. 29 10,136, 702.63 7, 342, 976.26 9, 983, 871.20 7, 962, 865. 34 10,106, 354. 62 7,134, 231. 70 10,115, 974.28 7,737,557.13 Nat'1-bank circulation State-bank circulation 12,223, 517.00 22, 334. 00 12,142,157.00 22, 334.00 12,109, 087. 00 22, 334.00 11, 988,592. 00 22, 334. 00 12,150, 802. 50 22, 334.00 42,994. 20 65,758.97 68,197. 54 170, 904. 30 52, 663. 30 Individual deposits . . U. S. deposits Dep'ts U. S.dis.officers 81, 356, 674. 83 734, 382. 21 93, 063. 26 84, 204,573.81 750, 814.99 81,362.74 83, 738,494. 91 698, 621.13 128, 994.93 83,746,471.55 569, 558.82 195, 252. 44 85,574,515.06 467,801.75 121, 632.97 Due to national banks Due to State banks... 4,282, 362.82 1, 373,184.84 3,757, 346.11 1, 317,429.66 2, 709, 074. 47 1, 280,204.75 4,493, 675. 00 1, 353, 567.08 4, 714, 064.40 1, 335, 818.1% Notes rediscounted . . Bills payable 1,284, 889. 27 185, 858.12 792,283.12 66,317.18 944,817.68 51,263. 29 1,161,284.37 55,652.11 1,116,830.70 28,646.81 153,214,054.73 153,900.586.47 152,678,456.24 153,981,937.99 156,422,99L 00 Dividends unpaid Total NEW YORK CITY Capital stock Surplus fund Undivided profits Nat'1-bank circulation State-bank circulation 47 banks. $49,800,000.00 49 banks. 48 banks. 47 banks. $49, 800,000.00 $49,700,000.00 $50,780,000.00 $50,861,970.00 49 banks. 36, 993, 886.38 16, 624, 619.04 37, 375, 235.55 15,028,794.25 37,525,235.55 16,283,043.28 38, 016,865.51 14, 872,326.10 38,052,489.92 16, 667, 301.36 3,663,040.00 24,328. 00 3, 576,280. 00 24, 328. 00 3, 596, 830.00 24, 328.00 3,824, 880. 00 24,328.00 5,803,910.00 24, 328. 00 105,944.66 134,518.61 Dividends unpaid 233,117.76 435,068.08 136,266.25 Individual deposits.. 240,447,877.66 234, 539,980.21 272, 763,497.14 3, 496, 964.99 U. S. deposits 3,544,161.54 3, 539, 831.15 354, 505. 35 Deptf B U.S.dis.oflicers 245,355.46 248,585.68 240,613,137.33 2, 358, 771. 54 232,808. 56 274,462,554.99 1,323,296.35 216, 286.76 Due to national banks 109,531,867.27 Due to State banks... 43,226,076.02 117, 517, 959. 54 49,821, 851.68 124,203,317.68 46, 239, 930.32 Notes rediscounted . . Bills payable Clearing-house cert's. Total 124,763, 517. 66 124,052,961.67 50,265,063.86 47,425,008.97 35,000.00 50, 000. 00 5,600,000.00 609,869,109.07 H», 296,184.97 555,393,539.87 518,532,996.34 558,041,651.63 284 REPORT OF TilK rOMPTROLLEU OF THE CURRENCY. Al'.SlHAC'T <>F .REPORTS 8LXCK OCTOBER 2 , 1 8 9 0 , ARRANGED C 1 T "Y O F A L, B A N X. Resources. DECEMBER IS). 6 banks. Loans and discounts. $8,911,40(5.61 300, 000. 00 Bonds for circulation. 200, 000. 00 Bonds for deposits... U. S. bonds on hand.. 351,'484." i'2" Other stocks and b'ds Due from res've ag'ts. 1,6C9,4:24.42 Due from n at'l banks. 995, 583. 05 Due from State banks 110, 8S7. 02 Banking house, etc,.. 298, 000. 00 Real estate, etc 28, 451. 82 Current expenses 35, 688.13 Premiums paid * 61,949.23 Cash items 93, 047.10 Clear'g-house exch'gs 63, 644.00 Bills of other banks.. 1, 354. 64 Fractional currency. 671, 053. 00 Specie 304, 684. 00 Legal-tender notes . . 50, 000. 00 U. S. cert's of deposit. 13, 500.00 5 % fund with Treas. Du e from U. S. Treas. Total 14,100,217.17 FEHRUARY 26. MAY 4. JULY 9. 6 banks. n banks. 6 banks. 6 banks. $8, 872, 524. 96 300. 000. 00 200, 000. 00 $9, 509, 058. 58 300,000.00 200, 000. 00 $9,899,513.59 300, 000. 00 200, 000. 00 274,610.17 1, 302, 440. 07 927, 458. 46 73,925.16 298, 000. 00 25, 600. 13 32.:>,'7<i6.'i7" 1, 952, 701. 37 1, 226,168.36 222, 827.51 298, 000. 00 25,493.87 341,361." 69" 1, 657, 293. 74 1,088,137.96 114,637. 78 298, 000. 00 25,4.58. 45 $9,497,814.10 400, 000.00 50,000. 00 100,000.00 342,149.50 1,815,440.51 1, 000, 667. 24 95, 896.55 298, 000. 00 25, 352.19 35,188.13 67,004.10 85,011.84 58,141.00 1, 656.17 781, 826. 50 320, 660. 00 70, 000. 00 13, 500. 00 1,000.00 35,188.13 182, 836. 72 201,845.60 59, 685. 00 1,284.86 786, 728. 50 337, 400. 00 80, 000. 00 13, 500.00 2, 000.00 35,188.13 64, 481. 32 127, 986.15 67, 857.00 1,106.96 550, 030. 60 361, 631.00 115, 000.00 13, 500, 00 1, 000. 00 35,188.13 96, 638. 93 83,194. 85 76, 892.00 1, 270.97 852, 291. 50 412,495.00 100, 000. 00 18, 000.00 13, 708, 546. 69 15, 760, 464.67 15, 261,583. 77 15,300,691.47 8EPTEMBEB 25. CITY OP BROOKLYN. 5 banks. 5 banks. $8, 798, 01(5. 33 743, 000. 00 100, 000.00 $9,164, 691. 08 743, 000. 00 100, 000. 00 $9,311,572.59 743,000.00 100, 000.00 1,778, 948. 88 1, 889, 928. 00 48, 594. 05 39, 819. 39 177, 356.21 24, 950.19 83, 529. 44 32, 952. 53 79, 467. 92 929, 923. 60 119, 304. 00 11, 206.49 728, 635. 82 623, 669.00 1, 872, 435.13 1, 508, 875. 27 54, 891.81 33, 390. 00 16, 242, 691.85 5 banks. Loans and discounts. Bonds for circulation. Bonds for deposits... XJ S bonds on hand Other stocks and b'ds Due from res1 ve ag'ts. Due from nat'l banks. Due from State banks Banking house, etc . . Real estate, etc Current expenses Premiums paid Cash items Clear'g-house exch'gs Bills of other banks. Fractional currency. •Specie Legal-tender notes... XJ. S. cert's of deposit 5% fund with Treas. Due fromU. S. Treas. Total 5 banks. $9,115, 062. 76 743,000. 00 100, 000.00 5 banks. $8, 613, 619.42 542, 000. 00 100,000.00 1, 828,142. 73 1,371, 169.00 32, 042. 69 42, 713. 03 176,656.21 25, 728. 68 47, 674. 79 32, 402. 53 49, 866. 24 942, 836. 90 166, 809. 00 9, 776. 07 714, 588. 34 580, 869. 00 1,832, 690.93 1, 785,523. 74 74,051.10 42,739.94 176,656. 21 25, 757.68 3,448. 72 31, 852. 53 72, 709. 97 681,694.83 191, 388. 00 7, 945. 28 875,142. 25 871, 034.00 1,918,463. 69 1, 262, 812.60 53,197.13 33,390.00 34, 890. 00 33,390. 00 23, 890. 00 17, 310.00 15,978,518.09 16, 210, 737.80 16,664,087.94 45,011.97 17(5, 65(5. 21 25, 728. 68 30, 271. 69 32, 402. 53 58, 097.04 478, 056. 48 145, 519. 00 5, 551. 24 832, 870. 96 671, 069. 00 41, 691.12 176, 656.21 20,157. 68 37, 312.65 40, 352.53 66, 758. 31 713, 596. 33 188, 345. 00 8, 224. 72 835, 997. 03 765, 966. 00 15,426, 350.42 N E W JERSEY. 95 banks. 95 b a n k s . 95 b a n k s . 95 banks. 96 b a n k s . Loans and discounts $49, 091, 879.12 $47, 235, 388. 05 $48,795, 498. 28 $48,245,696.68 $49,174, 074. 69 4,231,500.00 4, 231, 500. 00 4, 244, 000. 00 4,219,000.00 4, 226, 000.00 Bonds for circulation 350, 000. 00 350, 000 00 350, 000. 00 350, 000. 00 300, 000.00 Bonds for deposits . . 7, 800. 00 12, 550. 00 1, 100. 00 1,100.00 1,200. 00 XJ. S. bonds on hand.. 5,891,103.60 6, 548, 207. 53 6, 028, 155. 58 5, 487, 639. 88 5,757, 726. 88 Other stocks and b'ds 6, 739, 943. 89 7,030, 097. 37 7, 053, 217. 87 Due from res'veag'ts. 7, 484, 808. 76 6, 852, 680.15 2,018, 309.22 1, 785, 867. 62 2, 032, 228. 47 Due from nat'l banks 2,331,245.56 1, 944, 522. 80 421,101.11 305,419.14 390, 945. 57 Due from State banks 417, 293.29 391, 638. 06 2, 222, 448. 82 2, 349, 495.22 2, 273. 316. 77 Banking house, etc . . 2, 338, 869. 21 2,364,231.06 280, 886. 40 300. 084. 65 320, 989,13 Real estate, etc 316, 276.15 318, 207. 28 400, 639.18 201, 584. 37 300, 356. 33 Current expenses 114, 295.34 227, 223.45 443, 948. 73 429, 085. 72 424,513.84 Premiums paid 398, 941. 59 399,165. 31 960, 204. 25 750, 953.15 1, 288, 367. 6.1 Cash items 1,044, 751.49 888, 912.79 Clear'g-house exch'gs 364, 501.00 3*62, 952. 00 435,163. 00 359, 259.00 359, 013.00 Bills of other banks.. 32, 205. 88 32, 077. 51 29, 621. 93 Fractional currency. 33, 559.91 34, 686.40 2, 40H, 861. 93 2, 315, 466. 63 2,215 444.86 Specie 2, 440, 654.44 2,431,017.82 2,478, 842. 00 2,411,123.00 2, 051, 930. 00 2, 267, 586. 00 2,154, 093. 00 Legal-tender notes . . 10, 000. 00 10, 000. 00 10, 000. 00 10, 000. 00 10, 000.00 XJ. h. cert's of deposit. 176, 532. 20 180,104. 78 186, 075. 00 183,122.50 180, 215.28 5 % fund with Treas 21, 227. 78 17, 628. 00 Due from XJ. S. Treas" 10,439.78 27,049. 78 9, 610.00 78,286, 735.97 76,100, 320. 24 78,961,444.42 78,358,309.58 78, 248, 041. 81 Total REPORT OF THE COMPTROLLER OF THE CUKRENCY. 285 BY STATES AN© EESERVK CITIES—Continued. C I T Y OF A L B A N Y . Liabilities. Capital stock Surplus fund Undivided profits Nat'1-bank circulation State-bank circulation DBCEMBEK 19. FEBRUARY 26. MAY 4. JULY 9. 6 banks. 6 banks. 0 biinl<8. 6 banks. $1, 550, 000. 00 $1, 550,000. 00 $1, 550, 000. 00 $1, 550, 000. 00 $1, 550, 000.00 1, 282, 500. 00 186,159.27 1, 287, 500. 00 145,140.80 1, 287, 600. 00 177, 657, 07 1, 290, 000. 00 183, 722.26 1, 290, 000.00 199, 080. 24 267,100. 00 268, 760. 00 265, 770. 00 264,720. 00 318, 690. 00 Dividends unpaid SEPTEMBER 25. 6 banks. 530.35 1,113.58 3, 790. 52 11, 929. 92 9, 455. 70 Individual deposits.. TJ. S. deposits Dep'ts U. S.dis.officers 7,063, 327.94 217, 991. 80 2,008. 20 6, 988,021.59 218, 090. 20 1, 909. 80 8, 540, 343. 55 219,100. 00 1, 000. 75 8, 653, 910. 74 219,100.00 900. 00 8, 478, 894.48 49, 314. 01 685.99 Due to national banks Due to State banks... Notes rediscounted.. Bills payable 2, 586, 834. 94 728, 579. 52 2, 417, 439.98 752, 646.62 2, 882, 638.71 832, 664.07 2,477,160. 59 610,140. 26 2, 764, 275. 06 640,295.99 115,185.15 .100,000.00 77,924.12 14,100, 217.17 13, 708,546.69 15, 760,464.67 15, 261, 583. 77 15, 300, 691.47 Total CITY OP B R O O K L Y N . 5 banks. 5 banks. $1,352,000.00 $1, 352,000. 00 $1, 352, 000. 00 $1, 352, 000.00 $1, 352, 000. 00 1,805, 000. 00 551, 678.10 1, 854, 722. 90 413, 666. 89 1, 871, 722. 90 488, 002. 91 1,893, 000.00 385, 082. 28 1, 893, 000. 00 471,429. 74 665, 020. 00 1,851.00 667, 800. 00 1, 851.00 663, 880. 00 1, 851. 00 651, 500. 00 1, 851.