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ANNUAL REPORT

COMPTROLLER OF THE CURRENCY
TO THE

SECOND SESSION OF THE FIFTY-SECOND CONGRESS

OF

THE

UNITED STATES.

DECEMBER 5, 1892.

IN TWO VOLUMES.
V O L U M E I.

WASHINGTON:
CrOYERJWENT PRINTING OFFICE,



1892,




TREASURY DEPARTMENT,
Document No. 1565, 3d ed.
Comptroller of the Currency,

TABLE OF CONTENTS,
Page,
Report submitted to Congress
3
Trade balance and condition of t h e national banks
3,4
Cash held b y national banks
5
Currency and exchanges
,
5
P a p e r money in circulation
6
Coinage of silver
6,7
Profit on circulation of national banks
8
F u n d i n g of t h e national debt
10
Statistical information w i t h respect to financial institutions organized under State statutes
11-16
Clean money
16
Statement of national b a n k s organized d u r i n g t h e year
17
States leading in numerical accessions, capital, and deposits
17
N u m b e r and capital of national banks organized and closed since establishment of system
18
Amendments to present laws
18
United States attorneys as s t a t u t o r y counsel for receivers
19-21
Closed national banks
22
Domestic exchanges
24
A m o u n t of drafts drawn by national banks, comparison for throe years and rates of exchange
25-31
Substitutes for money
31-39
I m p r u d e n t methods of b a n k i n g
39
Directors and officers
40
Excessive loans
41
Examiners
43
Comparative statements of the national b a n k s
45
Extension of t h e corporate existeuce of national banks
48
Circulating notes
49
Increase or decrease of circulation
50
Banks without circulation
51
Security for circulating notes
52
Interest-bearing funded debt of t h e United States and amount held by national b a n k s
54
M a r k e t prices of United States bonds
55
I n v e s t m e n t value of United States bonds
56
Issues and redemptions...,
57
Additional circulation issued and retired during t h e year
58
National-bank notes received and destroyed yearly since the establishment of the system
59, C
O
Redemption of notes of banks reducing circulation, and of failed and liquidating banks
60
Tax upon circulation, redemption charges, assessments, and amounts collected
61
Loans b y national banks in reserve cities and country
61
Failed b a n k s
65
Causes of failure
60
Dividends paid to creditors of failed b a n k s
73
Inactive receiverships
74
B a n k s in liquidation
75
Legislation
75
Legal decisions
77
Clearing-house associations
77-83
State, savings, private banks, loan and t r u s t companies
83-89
Conclusion
89




I

II

TABLE OF CONTENTS.

APPENDIX.
Pa^e.
Names and compensation of officers and clerks
„
93
Expenses of the office for the fiscal year
94
Names and addresses of national-bank examiners
94
Index to digest of decisions of the courts in cases afflding national banks
95
Digest
97
National banks organized, in liquidation, and in operation, with capital, bonds, and circulation October 31, 1892
127
Summary of the state and condition of national banks reporting during the year ended September 30, 1892
128
Comparative statements of the national banks for fifteen years from 18(54
129
Authorized capital stock each month from January 1,1871, to November 1, 1892, with amount
of bonds, circulation, and lawful money deposited for redemption
130
Changes in capital, bonds, and circulation by geographical divisions
,
134
Additional circulation issued and lawful money deposited to October 31,1892
139
National-bank notes outstanding and the amount and kind of United States bonds on deposit.
140
Increase or decrease of circulation quarterly and for the year ended October 31, 1892
141
National-bank notes issued, redeemed, and outstanding, by denominations, since the establishment of the system
142
National gold bank notes issued, redeemed, and outstanding
145
National-bank notes issued during the year
145
Minimum amount of bonds required and the amount actually held September 30, 1892
146
National banks with capital of $150,000, under and over, and the increase or decrease of capital
during the year
148-151
Classification of loans and discounts
152
Amounts of coin and coin certificates held in 1888,1889,1890,1891, and 1892
153-159
Lawful money reserve
100
Liabilities and required reserve
162
State of the lawful money reserve from 1886
164
Reserve held and classification by geographical divisions
166
Deposits, circulation, and reserve of national banks in New York City by months
176
Movement of reserve of national banks in New York City for sixteen years
177
Abstract of earnings and dividends, September 1, 1891, to September 1, 1892
178-185
Ratios of capital and surplus to earnings and dividends
186
Earnings and dividends for semiannual periods
188
National banks in voluntary liquidation under sections 5220 and 5221, Revised Statutes
190
National banks in liquidation succeeded by associations with same or different titles
202
National banks in liquidation for the purpose of reorganization
203
National banks in liquidation under section 7 of the act of July 12, 1882
205
National banks in the hands of receivers
206
Insolvent national banks, assets, collections, disbursements, expenses of receiverships, dividends paid
214
Abstract of reports of condition of State banks, loan and trust companies, savings and private
banks
227
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
, 249-252
Condition of the Canadian banks
.'
252
Statements of condition of the banks of the United States and State banks, 1774 to 1892
253
Aggregate resources and liabilities of national bank s from 1863 to 18D2
325-345
Summary of the state and condition of national banks on dates of report during past year
347-397
General index
„..
399
Condition of each, national bank at close of business September 30, 1892
Vol. II




REPORT
OF

THE COMPTROLLER OF THE CURRENCY.
DEPARTMENT OF THE TREASURY,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, D. (7., December 5, 1892.

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 thirtieth annual report of the Comptroller of the Currency.
The year covered by this report ended October 31,1892. The crop
of 1891 was phenomenal in all the great staples produced by this country, and at the same time a partial failure of the cereal crop in Europe
created an unusual demand for our food products. The total value of
our merchandise exports for the fiscal year ended July 1, 1892, exceeded one billion dollars—$1,030,335,000.
1891.

1892.

The merchandise balance of the United States (excess of exports over
imports) for the fiscal year ended July 1
J $39,565,000 ! $202,934,000
Excess of exports over imports, gold and silver
I 72,703,000 i
13,352,000
Trade balance

j 112,268,000 i

216,266,000

The remarkable feature is that we were compelled to add to an export
merchandise balance of $242,000,000 over $86,000,000 in gold and
silver.
Europe's short crop followed a serious financial crisis, which unsettled values, disturbed confidence, and entailed heavy losses. Instead
of paying for our cereals from their surplus, they were obliged to draw
upon their principal.
In a normal condition of affairs this large merchandise balance in our
favor would have resulted in large gold imports; instead, they sent us
our securities.
The interest upon American securities held abroad aggregates a large
amount, and its payment forms a continuous factor in international
balances. The return of any portion of our securities increases our
wealth at home, and the reieptjpn $f the earnings of guofa securities
3




REPORT OF THE COMPTROLLER OF THE CURRENCY.

adds to our home prosperity. The absorption and assimilation of so
large an amount in so short a period of time may have produced temporary disturbance, but the permanent effect is beneficial.
The financial needs of Bussia, and the accumulations of gold by
Austria-Hungary, with a view to the resumption of specie payments
upon a gold basis, caused a premium to be paid for gold exports, and
was an important cause of its outflow.
Distrust of our monetary legislation, and the fear on the part of
Europe that we were drifting towards a silver basis, also had an important influence upon gold exports.
The national banks held on September 30, 1892, nearly $22,000,000
more gold than on September 25, 1891. This, coupled with the known
fact that many State banks and trust companies have also fortified
themselves with a gold reserve during the year, shows that the fear
that we were drifting towards a silver basis was not confined to
foreigners.
All periods of monetary stringency, which necessarily restrain and
curtail business ventures, are followed by a plethora of money.
On June 18, 1892, the total deposits in the associated banks of the
city of New York were $543,663,100. The highest amount ever reached
before was $455,306,300 on December 26,1891. The same plethora of
money existed in all money centers 5 the rate of interest for the year
averaged, on demand loans, 1 £ per cent to 3 per cent, and time loans
and commercial paper ranged about 2 per cent higher.
The cholera at home and abroad, with attendant quarantine restrictions, has held trade in fetters, and, to some extent, impaired the business of the year. The vigorous measures adopted by our authorities
reduced it to control and kept its baleful influence at a'ininimuin.
With conditions in the United States favorable for a year of unusual,
prosperity, speculation has been held in check and business kept
within conservative limits. The lessons taught by the monetary
stringency of 1890-?91, which fell so heavily upon all whose business
was too much extended, have not yet been forgotten. Ahardening process has obtained, and yet the record of the year covered by the report characterizes it as one of growth and prosperity.
COMPARATIVE STATEMENT OF THE CONDITION OF THE NATIONAL BANKS WITH RESPECT TO CERTAIN ITEMS AT NEARLY CORRESPONDING DATES FOR THE YEARS
1891 AND 1892.
1891.

Increase.

1892-

I Decrease.

3,788
94
3,694
Number of banks in existence October 31
$684, 755, 865 $693, 868, 665 $9,112,800 j
Capital stock
11,932. 650 I
164,883.00C
152,950, 350
Bonds deposited to secure circulation
|
247,588 j
172, 432,146
172,184, 558
Bank notes outstanding
j
Lawful money deposited with the Treasurer, United States to redeem circula$10, 239, 638
35, 430, 721
25,191,083
tion outstanding
Surplus and undivided profits September
330, 861,159
9, GG3, 020
340, 524,179
25 and 30, respectively
Individual deposits September 25 and 30,
1,588, 318, 081 1, 765, 422,983 177,104,902
respectively
.
Bank deposits September 25 and 30, re430, 594, 774 I 530, 653, 202 100, 058, 428
spectively
Total resources September 25 and 30, re3, 213,080, 271 i 3, 510, 094, 897 j 297,014,626
spectively

,
1

The above table shows a large decrease in the lawfnl money deposit
to redeem circulation. The net circulation outstanding has increased
110,487,226 during the year,



REPORT OF THE COMPTROLLER OF THE CURRENCY.

5

The following table shows the total cash held by national banks including 5 per cent, redemption fund, and mutilated currency in process
of redemption for the years 1891 and 1892.
Increase.

1891.

Bills of other national banks
Fractional paper currency, nickels and
cents
Specie, viz:
Gold coin
Gold Treasury certificates
Gold clearing-house certificates
Silver dollars
Silver Treasury certificates
Silver fractional coin
Legal-tender notes
United States certificates of deposit
for legal-tender notes
Five per cent redemption fund
Due from United States Treasurer,
mutilated currency

$19, 991,167. 00

$19, 557,474. 00

867,462.37

934, 648.37

84,464, 347. 24
60,173, 670. 00
7, 300, 000. 00
. 6, 348, 573.00
20, 409, 735.00
4, 818, 750.67
97,615, 608.00

95, 021, 952. 77
71,050,180. 00
7, 860, 000. 00
6, 785, 084. 00
22,993,4M. 00
5, 405, 71tt. 92
104, 267, 945.00

10, 557, 605. 53
10,876,510.00
560, 000. 00
436, 511. 00
2, 583, 716. 00
586, 960. 25
6, 652, 337. 00

15, 720,000. 00
6,536, 9L'l. 51

13, 995, 000. 00
7,139, 564. 69

Decrease.

$67,186. 00

602, 633.18

1,457,807. 85

356,117,998. 68

$433, 693.00

1, 725, 000.00

1,106, 987. 93

325, 704,052.64

Total
Net increase

1892.

..

350, 819.92
32, 923,458.96

2, 509, 512.92

30,413,946.04 |

CURRENCY.

The business of banking is exchanging a generally known value or
credit for a local value or credit. This definition applies equally to
the money changers of the temple and to the banks of to-day. In the
wonderful development of commerce and manufactures which has followed increased facilities for communication and transportation, banking, though hand in hand with trade, is ever in the lead; for credit, or
money, is the motor which moves the wheels of progress, and all
financial transactions, whether local, national, or international, have
become mainly a matter of bookkeeping. Throughout the United
States every locality has its bank, and most people, however limited
their business transactions, have bank accounts, through which they
pay their indebtedness. Bank accounts are generally used as the most
convenient and most accurate method of keeping a cash account. This
practice does not obtain in European countries in any such proportion.
In this country, in the village having a single bank, the artisan pays
the merchant by check, or vice versa, and the payment is usually
consummated by a transfer of credit upon the books of the bank. Thus
does the single bank become a clearing house for the community, and
the actual transfer of money is minimized.
The day's exchanges in our larger cities are adjusted through a
clearing house, where each bank is credited with the total demands it
holds against all other banks, in the same place, and is debited with
the total demands which the other banks hold against it, and either
pay§ or receives the balance, simply,, in money. The aggregate clearing-house transactions for the year ended October 31, 1892, in 57 clearing-house cities, were $61,017,839,067, the balances were (partly estimated) $4,881,777,289. Thus, by a simple device of bookkeeping, this
immense volume of business was done by means of 8 per cent of actual
money.
Our international banking and commercial transactions are settled
upon a system of balances through a few leading banks and banking
houses that deal in foreign exchange. When the exchange market
affords no bill of exchange to be remitted, gold is shipped to settle the



6

REPORT OF THE COMPTROLLER OF THE CURRENCY.

balance of trade existing against such nation, and when so shipped,
whether bars or coin, it goes simply as commodity, at its market value,
precisely like merchandise.
Thus it appears that the bulk of the world's business transactions is
done upon credit, witnessed by bookkeeping, and the percentage represented by actual money transfer is very small, in the United States
less than 8 per cent.
A man goes to his bank with his note, a local credit, and procures its
discount, receiving the proceeds in a generally known credit or value,
namely, a bank draft, or certificate of deposit, or money—something
available for the contemplated business. The bulk of all business transactions is adjusted by the contracting parties, whether banking or otherwise. It is the portion in which money passes that appeals to the Government for regulation. It is the recognized constitutional duty of
government to furnish for its citizens a circulating medium adequate
to their needs and convenient for their use. Gold and silver are the
recognized money of the world, because they possess value in themselves, are conveniently coined, not easily counterfeited, exist in quantity sufficient to supply the demand, and are not so redundant as to
unduly impair their value. Such money is adequate to the public want,
but not convenient for public use, except in small change transactions.
Paper money is a business necessity. Paper money possesses no value,
simply represents value.
A currency to serve the demands of business must be sound—no
doubt of its redemption. It should be elastic, that it may expand and
contract, as the tide of business ebbs and flows. If supplied by the
Government, the expense is borne by the taxpayers. If supplied by
banks, it must possess an element of profit. It will readily issue so
long as there is a profit. It may be made to contract by fixing a standard of issue and taxing the excess, so that the excessive issue would
be retired with the cessation of the necessity which called it into existence.
The amount of paper money in circulation October 31, 1892,was:
National-banknotes
United States notes (greenbacks)
Treasury notes
Gold certificates
Silver certificates
Currency certificates
Per cent of national-bank notes, 16.04.

$172,432,146
332,080,234
114, 567,423
120,255,349
324, 552,532
10,550,000
1, 074,437,684

The Government can not issue money gratuitously. It can only put
it in circulation in exchange for some value or obligation. It can not
pay its bonds in anything other than coin of standard value.
By the terms of the act of February 28, 1878, the Secretary of the
Treasury was directed to purchase and coin into silver dollars silver
bullion not less in value than $2,000,000 worth and not more than
§4,000,000 worth monthly. This act was supplanted by the act of July
14, 1890. While in force the Government purchased silver and coined
378,166,793 standard dollars, the seigniorage on which (that is, the
difference between the price paid for the silver and the face value of
the coinage) was $69,967,531.
Total coinage of silver dollars under act of February 28, 1878
Total cost of silver bullion used in such coinage
Seigniorage or apparent profit
Bullion value of such silver October 31, 1892
Difference between actua] cost and market value October 31, 1892




$378,166, 793
308,199,262
69, 967,531
250, 493,936
57, 705,326

REPORT OF THE COMPTROLLER OF THE CURRENCY.

7

This coinage accumulated in the Treasury vaults until the happy
device was conceived of putting it in circulation by the use of paper
substitute. As shown above, $324,552,532 are serving the people by
proxy.
Under the act of July 14, 1890, the Government purchases monthly
4,500,000 ounces of silver, and pays for the same in Treasury notes
issued for that purpose and equal at par to the cost of such silver.
Thus the currency of the country is arbitrarily increased monthly.
Up to November 1, 1892, the total issue of such notes has been
$116,611,233. The present market value of the silver purchased is
$102,648,944, showing a depreciation in value of $14,134,646. This act
was a compromise measure, designed to prevent the unlimited coinage
of a dollar of full debt-paying power containing less than a dollar's
worth of silver. From its nature (arbitrarily adding a large amount
to the currency monthly) it is evident that it was intended to be temporary. The severest commentary upon our silver coinage is the fact
that it offers an inducement to the counterfeiter to coin a dollar exactly
reproducing the genuine in quality and intrinsic worth, as well as form
and design, the profit to the counterfeiter being represented by the
difference between the market value of the silver contained in the coin
and its face value, which was October 31, 1892, 33J cents.
In view of the above statistics, the silver currency furnished by the
Government will hardly commend itself to the public on the score of
economy. It is in sharp contrast with the national-bank currency,
which has paid into the Treasury in taxes $72,670,412.30.
What the settled policy of Congress as to the future currency may
be remains to be seen. If furnished by the Government, it will possess
the quality of soundness, for nothing can be better than the Government under which we live; but it cannot possess elasticity. Elasticity
means conformity to business wants, the supply quickly responding to
the demand, and not conformity to fixed rules and statutory laws. The
Government in the very nature of things cannot supply such currency
as the public requires. The national banks can and with proper legislation would supply this want fully and completely. Large appreciation of
the price of United States bonds, the basis for circulation, large depreciation of the rates of interest, and onerous taxation have made circulation
unprofitable, and the volume has fallen from $362,889,134, September 30,
1882—the highest amount in circulation at any one time—to $172,426,610
atthecloseof the last fiscalyear. The volume would have beenmuch more
contracted but for the fact that all national banks, whether they take
out circulation or not, are obliged to own and assign to the Treasurer
of the United States in trust interest-bearing bonds of the United
States, and in case their capital is $150,000 or less, to the amount at par of
one-fourth their capital stock. If the capital exceeds $150,000, they are
required to have on deposit in the Treasury not less than $50,000 in
bonds. Being obliged to own these bonds, to measureably lessen the
cost of carrying such high-priced securities, they take out circulation.
The following carefully prepared tables show the profits upon circulation based upon a deposit of $100,000, bonds. June 30 was selected,
as it marks the close of an interest period for Government bonds.




8

REPORT OF THE COMPTROLLER OF THE CURRENCY.
J U N E :u>, 1892—2 PER CENTS.

$100,000 two's at par interest
Circulation, 90 per cent on par value
Deduct 5 per cent redemption fund
Loanable circulation at 6 per cent
Gross receipts
Deduct—
1 per cent tax on circulation
Annual cost of redemption
Express charges
Cost of plates for circulation
Agents' fees
Examinations

$90, 000. 00
4,500. 00
85, 500. 00

$2, 000. 00
5,130. 00
7,130. 00

900.00
137.48
3.00
'
7.50
7.50
43.00

Net receipts
$100,000 loaned at 6 per cent
Profit on circulation
Total profit on $21,837,000 bonds, $6,194.72.
Percentage on maximum circulation obtainable, 0.032 per cent.

1,098.4&
6, 031.52
6, 000.00
31.52

J U N E 30, 1892—4 P E R CENTS.

$100,000 four's at 116| premium,interest
Circulation, 90 per cent on par value
Deduct 5 per cent redemption fund..
Loanable circulation at 6 per cent

$90, 000.00
4,500. 00

$4,000. 00

85,500.00

5,130.00

Gross receipts
Deduct—
1 per cent tax on circulation
900.00
Annual cost of redemption
. 137.48
Express charges
3. 00
Cost of plates for circulation
7.50
Agents' fees
7.50
Examinations
43.00
Sinking fund reinvested quarterly to liquidate premium.
696. 36
Net receipts
$116,750 loaned at 6 per cent
Profit on circulation
Total profit on $129,759,000 bonds, $385,571.09.
Percentage on maximum circulation obtainable, 0.330 per cent.

9,130.00

1, 794.84
7,335.16
7,005.00
330.16

J U N E 30, 1892—6 P E R CENTS.

$100,000 sixes at 114 premium, interest
$6,000.00
Circulation, 90 per cent on par value
$1)0, 000.00
Deduct 5 per cent redemption fund
4,500.00
Loanable circulation at 6 per cent
85,500.00 5,130.00
Gross receipts
11,130.00
Deduct—
1 per cent tax on circulation
$900. 00
Annual cost of redemption
137.48
Express charges
3.00
Cost of7 plates for circulation
7.50
Agents fees
*
7.50
Examinations
43.00
Sinking fund reinvested semi annually to liquidate premium
1,972.94
3,071.42
Net receipts
$114, 000 loaned at 6 per cent
Profit on circulation
Total profit on $11,600,000* bonds, $127,219.75.
Percentage on maximum circulation obtainable, 1.218 per cent.




8, 058.58
6, 840.00
1,218.58

REPORT OF THE COMPTROLLER OF THE CURRENCY.

9

RECAPITULATION.

Profit on tlie three classes of bonds, maximum circulation 90 per cent—
2 per cent bonds, *$21,837,000—$19,653,300, maximum circulation at 0.03152 per
cent, $6,194.72.
4 per cent bonds, *$129,759,000—$116,783,100, maximum circulation at 0.33016 per
cent, $335,571.08.
6 per cent bonds, *$ll,600,000—$10,440,000, maximum circulation at 1.21858 per
cent, $127,219.75.
Total of bonds, $163,196,000—$146,876,400, maximum circulation at 0.353 per cent,
$518,985.55.

It will be noted that by taking out circulation the banks realize in
each case more than 6 per cent on the money invested in bonds. The
money invested in the purchase of bonds as a basis of circulation
yields in the case of 2 per cent bonds 6.032; in case of 4 per cent
bonds, 6.33; in case of 6 per cent bonds, 7.218.
Since the 5 per cent redemption fund counts as part of a bank's
reserve as well in hands of the Treasury as in vaults of the banks, it
would have been proper not to make the deduction above. This would
add materially to the profit of circulation. The $43 average cost of
examinations of banks with $100,000 capital is not wholly an incident
of circulation.
In the above tables money is assumed to be worth 6 per cent. If
the prevailing rate was less than 6 per cent a bank could better afford
to take out circulation. If the prevailing rate was more than 6 per
cent a bank could less afford to take out circulation. By allowing circulation to the par of bonds and removing the tax on circulation it
would be possible for banks located in sections where rates of interest
are high to take out circulation without loss.
Since the organization of the national banks $1,521,437,753 have been
issued and redeemed without loss to any bill-holder. There can be no
loss upon national-bank circulation. All the solicitude as to what
shall serve as a basis for circulation when Government bonds cease to
exist is premature. The 4J per cent bonds (act July 14, 1870) matured
September 1, 1891; $25,364,500 were continued at the pleasure of the
Government at 2 per cent interest; interest upon the balance ceased;
$24,520,900 have been redeemed and $983,800 remain outstanding$3,617,700 have been redeemed since October 31,1891. ~No bonds have
been purchased by the Government during the past year, the interestbearing debt has not been reduced, and with the diminished revenues,
under the act of October 1,1890, and swelling volume of annual expenditure, there is likely to be no reduction in the immediate future.
The trend of public opinion is decidedly in favor of limiting our revenues to the current needs of the Government. The currency sixes that
begin to mature in 1896 are primarily obligations of the subsidized
Pacific railroads. The railroads will hardly be prepared to pay these
bonds at maturity, and they will likely be continued like the 4J per
cent bonds, at the option of the Government, at a low rate of interest.
By relieving national-bank circulation, as above suggested, these
bonds could be extended at a very low rate of interest—too low for investment purposes, yet available as a basis of circulation. Of the $25,364,500 of 2 per cent bonds outstanding October 1, $22,050,350 were held
by national banks to secure circulation. The 4 per cent bonds do not
mature until July 1,1907. Since December 6,1890, the Government has
been out of the market as a purchaser of its own bonds, and the price then
paid for 4per cent bonds ($123,356) hasfallen to $114,625. Thelower the
price of the bonds the more available they become as a basis of profitable circulation. If happily the time arrives when the United States
 * Total amount of each class of bonds held to secure circulation June 30, 1892.


10

REPOET OF THE COMPTROLLER OF THE CURRENCY.

Government has no bonded debt, or not sufficient to be available as a
basis for circulation, there will, of necessity, be other choice securities
available for such purpose.
In my judgment the Government should issue 2 per cent bonds, running twenty, thirty, and forty years, and with the proceeds purchase
the 4 per cent bonds outstanding. This would result in a savin g of interest to the Government, distribute the maturity of the bonds over a proper
period, and furnish the best conceivable basis for circulation. The Government could hardly have floated a 2 per cent bond but for the needs
of the national banks, and with liberal yet conservative laws as to circulation it is possible that a bond bearing a slightly lower rate than 2
per cent could be placed at par.
A United States 4 per cent bond of 1907, in order to yield interest
at the rate of 2 per cent per annum for the remaining period it has to
run, must have been purchased October 1,1892, for $125,492. In other
words, the Government could have exchanged a 2 per cent bond, at
par, maturing July 1, 1907, for the 4 per cent bond of 1907, at $125,492,
without loss or gain. The exchange would have been equal. The 4 per
cent bonds on October 1,1892, were worth $114,625. The extended 2
per cent bonds, payable at the pleasure of the Government, were worth,
on the same date, 101. Could the Government have exchanged a 2 per
cent bond maturing July 1, 1907, for the outstanding issue of 4 per
cent bonds upon the basis of the quotations jufct given, it would have
resulted in saving to the Government (that is, the taxpayers) the
enormous sum of $67,161,551.47, as appears from the following computation:
Par value of outstanding 4s, October 1,1892
Market value of 4s at 114f, and of 2s at 101, October 1, 1892
Par value of 2s exchanged at 101 for 4s at 114f, October 1, 1892
Quarterly interest paid on 4s
Quarterly interest that would be paid on 2s
Quarterly saving of interest

$559,586, 750.00
641,426, 312.18
635, 075, 556. 62
5, 595, 867.50
3,175,377.78
2,420,489.72

Present value, as of October 1, 1892, of these savings of interest to
maturity, money at 2 per cent, reinvested quarterly
123, 406,683.57
Present value, as of October 1,1892, of $75,488,806. 62, principal of
2s in excess of principal of 4s, money at 2 per cent, reinvested
quarterly
56,245,132.10
Present value of net saving to the Government in accordance
with the above statement
• 67,161,551.47

While the principal of the indebtedness would be increased, the interest reduction would be so great for the remaining fifty-nine interest
quarto periods, from October 1, 1892, to July 1, 1907, as to show a net
saving of $67,161,551.47.
A 4 per cent bond at 114f, on October 1,1892, would pay an investor,
interest at the rate of 2.793 per cent.
It is probable, from the above statistics, that investors would not exchange 4 per cent bonds for 2 percents, but the fact that banks own,
for the purpose of securing circulation, nearly 87 per cent of the continued 2 per cent bonds in preference to the 4 per cents, shows that
they prefer a bond at par, with a lower rate of interest, as a basis for
circulation. A fixed period to run, and a long period would add to the
value of the bond.
With so great a saving possible, the interests of economy, as well as
all public and private interests that depend for prosperity upon a sound



REPORT OF THE COMPTROLLER OF THE CURRENCY.

11

and elastic currency, emphasize the wisdom of settling this question of
a proper basis for national-bank circulation by the issue of bonds having a long time to run, at a low rate of interest, with which to retire
the outstanding issue of 4 per cent bonds.
The national banks for a long series of years have demonstrated their
ability to furnish the country with currency ample in amount, elastic
in volume, sound beyond peradventure, and every dollar of which,
every moment of its existence, was worth par throughout the length
and breadth of the land. A change from such a currency to another less
secure is certainly an unwise experiment. It is proposed to restore
State bank circulation by removing the 10 per cent tax imposed March
3, 1865. There is no fairer test of men or methods than the record they
make for themselves. Every item of assets and liabilities, as shown by
the trial balance of their general ledgers, of every national bank, for
the whole period of their existence, has five times each year been published in the locality, reported to the Comptroller of the Currency, and
become a matter of record. Additional tables resolve all composite
items into detail. Additional statistical tables complete the history
and workings of such banks. Special reports show the course of trade
and exchange. In case of failure, equally explicit information is obtained from receiver's reports, total claims, total assets, percentage
paid, percentage of loss, items of expense, including receiver's fees, and
attorneys' fees.
All this information is annually reported to Congress and spread before the country. The course of trade, the material condition, the prosperity or depression of the country, are truthfully reflected in the condition of its banks. And the publication of the above conditions, in
the reports of these banks, has been of inestimable value to publicists
and economists. This is the record of national banks under Federal
authority and Federal supervision. To compare the present national
banking system with the old State banking system is to compare order
with confusion—perfect system, under central control, with imperfect
system, under diversified control. The banking systems of the different States, during the period that they were banks of issue, differed
essentially. Some had excellent banking laws; others had very crude
laws. Some had effective supervision, and some had none, or worse
than none. In no State was the aggregate or percentage of loss to
note-holders of State banks reported, nor the losses to creditors or stockholders. The most careful research reveals only general statements, or
estimates of*loss, in the current financial literature of the time.
Congress, by resolution in 1832, directed the Secretary of the Treasury to procure and publish statistics relating to banks in the several
States. Such publication was made more or less complete, with the
exception of some years, until 1864*; then followed an interval until
1873, when the Comptroller of the Currency was directed to procure
from official and other reliable sources and report to Congress information in relation to State banking institutions. The statistics in
relation to State banks prior to 1864 have been the subject of much
* When is stated that the statistics relating to the period prior to 1864 are mainlyunofficial, it will be understood that the information conveyed is only approximately
correct. The principal sources of information in compiling these statistics have been
the reports of the Secretary of the Treasury to Congress since 1832, Baker's work on
Banks and Banking, Blodgett's Economica, Elliott's Funding System, Thompson's
Banknote Reporter and Counterfeit Detector, the Banker's Magazine, Hodges' new
Banknote Safeguard, Consideration on the Currency and Banking Systems of the
United States, by Albeit Gallatin; History of Banking in the United States, by John
Jay Knox.



12

REPORT OF THE COMPTROLLER OF THE CURRENCY.

study and research on the part of mf predecessors. The Comptroller's
report for 1876 contains elaborate tables upon this subject. The question of restoring State bank circulation gives especial value to all information of this character, and I have therefore carefully studied and
analyzed all the statistics attainable upon this subject, showing the
condition of State banks prior to 1864, arid x^ublish in the Appendix of
this report, arranged in convenient form, tables presenting such information.
The most notable feature of the State-bank circulation was the violent
expansion and contraction to which it was subject.
The charter of the United States Bank expired March 4,1811. Mr.
Gallatin made the following estimate of the total circulation of the
country, including notes of the Bank of the United States: In 1811,
$28,100,000; in 1815, $45,500,00 j ; in 1816, $68,000,000; and in 1820,
$44,863,000.
In 1840, according to Knox, there were in Ohio thirty-seven banks,
with $10,000,000 capital. January 1, 1845, there were but eight banks
in operation, with a capital of $2,171,807. Up to and including 1856
thirty-six of the banks organized under the laws of that State had
failed, their notes being wholly worthless, and eighteen more had
failed, their notes being worth 50 to 75 cents on the dollar. From
January 1, 1857 the circulation of the whole country shrank from
$214,788,892 to $155,208,744 on January 1, 1858, a decrease of over
$59,000,000 in one year (Eeport of Secretary of the Treasury). The
circulation of Illinois increased from $5,500,000 in 1857 to $12,300,000
in 1861. (Knox.) Much of this circulation was secured by various
forms of security, and its redemption provided for by State authority.
Yet it was seldom that this security proved adequate. The Bankers'
Magazine for February, 1858, advertised a list of twenty-eight suspended banks in Indiana whose notes would be redeemed by the auditor of that State at the following rates: ten at par, and the remainder
at prices ranging from 97 down to 69. According to the same authority, in July, 1859, a convention of Wisconsin bankers, held at Milwaukee, fixed the discount on Illinois bank bills at 1 per cent until
September 20, and at 3 per cent thereafter. This action was retaliatory, and simply established the same discount upon Illinois bills
that Illinois had adopted as to Wisconsin. In April, 1859, the Indiana
banks determined not to accept the notes of Illinois or Wisconsin. All
bank notes of interior banks were at a discount in New York (many
unsalable) from 50 per cent down to the current exchange, which was
charged against the notes of perfectly solvent banks.
The above instances illustrate the friction existing between different
States.
The cost of exchange on commercial centers was greatly increased
under State-bank circulation. Now a man in Montana deposits his
money in his local bank and buys Chicago exchange. His money is as
good in Chicago as Helena, and he simply pays the cost of transmittal.
In fact, the competition for business is so intense and the indulgence
of banks correspondingly great that frequently when an interior merchant goes to New York to buy goods he takes a letter of introduction
from his home bank to their New York bank correspondent, draws
checks for the amount of his purchases upon his home bank, which are
paid by the New York correspondent and debited to the home bank.
Thus the item of exchange disappears entirely.
The dangers of counterfeiting under the national-banking system
are at a minimum. The bills are printed by the Government upon



KEPORT OF THE COMPTROLLER OF THE CURRENCY.

13

carefully prepared paper made by the Government and never out of
the Government's possession. If circulating notes were to be printed
by the forty-four different States, the opportunities for counterfeiting
would be multiplied. Under the old State-bank system counterfeiting
was an established industry, and a description of the methods and
devices possesses the qualities of a romance. From January 1 to April
1,1859,* there appeared 242 new counterfeits. Hon. John Jay Knox
(whose long incumbency of the office of Comptroller of the Currency,
as well as his qualities as a student of finance, entitles his judgment to
highest consideration) estimates the average loss to note-holders under
the old State-bank system at 5 per cent. As before remarked, no estimate can be made of the loss to creditors and stockholders. By advertising for the redemption of circulating notes the statutory period
and refusing all later presentations, it frequently happened that the
stockholders reaped large profits where the note-holders met almost
total loss.
I have given the above random illustrations as suggestive simply of
the evils attendant upon the old State-bank circulation. It is by no
means exhaustive. I am aware that the present can hardly be compared to antebellum times, and that the changed conditions which now
exist would necessarily obviate some and soften many of the evils attendant upon State-bank circulation.
In order to furnish a modern standard of comparison between
national banks and those other than national, Comptroller Knox reported statistics, showing the number of failures of State, savings
banks, and private bankers, for the three years ending January 1,1871).
The number of failures was 210 5 total claims, $88,440,028; amount paid
and to be paid, $58,152,638 ; losses, $32,616,661; upon which he com
ments:
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 th*>
incomplete data obtained by the Comptroller, has for the last three years been not
less than $10,872,220.

Hon. Edward S. Lacey, in his report as Comptroller for the year
1891, gave a list of failures in the United States of bankers, brokers,
trust companies, and savings banks, for the year ended June 30,1891.
u
These number, in all, 117 institutions, having liabilities estimated at
$38,271,511, and assets valued at $20,794,092. (Bradstreet.)"
Through the courtesy of Bradstreet I am able to report, in a table to
be found in the Appendix, the failures of State, savings, and private
banks, and loan and trust companies for the year ended June 30,1892.
The number is sixty-nine. Aggregate liabilities, $11,024,628. Estimated value of assets, $6,125,189. The percentage of assets to liabilities 55.56.
The seventeen national banks that failed during the last report year
had aggregate liabilities amounting to $12,538,448. Estimated value
of assets, $10,750,347. Percentage of assets to liabilities, 85.74.
However recent the comparison the conclusion is in favor of the
national-bank system.
If the forty-four States are to furnish the currency of the country,
then we will have a chain of sovereignties furnishing our circulating
medium, each with varying laws and varying supervision, and, like all
chains, the system as a whole would be no stronger than its weakest
link. Disorganized finance in one State would affect all. Argentina
* Tbompson/s Bmk Note Reporter and Counterfeit Detector,




14

REPORT OF THE COMPTROLLER OF THE CURRENCY.

financial troubles precipitated the Barings failure at a time when this
country was generally prosperous; and yet it produced a quasi panic
in the United States and cast a cloud over the financial horizon of the
whole world which has not yet fully disappeared. Banking is not a
philanthropical business and banks will not issue circulating notes
unless it is profitable. Manifestly issuing notes would be most profitable where greatest latitude was allowed or greatest laxity prevailed,
and with the circulation of any State discredited or the particular
banks of any State discredited, conservative bankers and conservative
business men would have to discriminate against such bills.
We all know the practical machinery employed to enforce such discrimination. Our State boundaries and commercial centers would be
policed with brokers' offices, and commerce would be compelled to pause
at State lines and pay the exchange demanded in order to provide
itself with money acceptable in the locality where proposed business
was to be done. The bill of a perfectly solvent bank in Oregon would
be worth just as much less than its face in Chicago or New York as it
would cost to send such bill to Oregon for redemption and secure the proceeds in return—cost of transmission each way and interest for the time
required—in short, exchange. It would be precisely on a par with the
note of any equally reputable business firm. The only way this discount could be avoided would be to provide for the redemption of such
notes in Chicago, New York, Boston, and other money centers. Should
interior and far Western banks make their bills worth par throughout the
country by providing for their redemption at convenient money centers, it would compel them to keep an amount of idle reserve with their
redemption agents that would seriously impair the profits on circulation. And the United States Government would not facilitate banking
transactions then, as it does now, by receiving money at its subtr^asuries and transporting the same to any part of the country for the
meager charge of 15 to 50 cents per $1,000.
A bank bill or note is a noninterest-bearing obligation payable to
bearer upon demand, in lawful money, titje to which passes by delivery.
The value of such note depends upoji the financial credit of the bank
issuing the same, the special provision of law for its redemption, the
security set apart for such purpose, the fidelity with which such laws
are enforced, as to redemption, the character of supervision, and the
degree of conservative banking thereby insured. The profit to a bank
issuing such bills depends altogether upon the length of time they
remain outstanding before being presented for redemption. With the
facilities afforded by railway and express companies for presenting
such notes for redemption, it is probable that they would speedily find
their way back to the place of issue. This would seriously impair the
profits and would necessitate more favorable conditions of issue in
order to render the issuing of circulation profitable. No circulation
will issue unless there is a profit in it. The fact of the probable and
speedy return of this circulation to the locality of issue is made an
argument in its favor, inferring therefrom that each locality would be
abundantly supplied with money. A bad penny always returns, and
the tinge of doubt that would attend this State-bank circulation would
doubtless give it a homeward impetus. But bear in mind that it would
be worth no more at "the place of issue, though passing at par, than in
Boston or New York. By just such a percentage as its purchasing
power was diminished in our commercial centers, by just that percentage would the price of commodities be appreciated where it passed at
par. This is an inevitable law attendant upon depreciated currency.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

15

The stream that flows from the mountain to the sea obeys no more
natural law than that which accumulates currency in commercial
centers. If the water stood in pools on the mountain it would necessarily be pretty damp at the seaboard, and, if these localities that so
loudly clamor for more money had all the currency they wanted, that
same currency would be a drug in banking centers. There is money
enough, and the range of interest for the past year has been phenomenally low, and, as before stated, any bank in any part of the country
could have had any quantity of money transported to it at the moderate
charge of 15 to 50 cents per $1,000. But such bank must have the
equivalent of money; it must have securities, or receivables, or some
form of credits, acceptable, in order to get the money. And right here
is the trouble. This clamor for more money comes from the newer, lessdeveloped sections of the country, and from people who have something
to sell that no one wants to buy. The securities they offer do not
commend themselves to investors. No amount of currency would correct this. They say, " Money is plenty while the crop is being moved,
but we want it plenty at all times." When the crop is gone, what
have they to represent money, with which to buy money? People can
get money for their labor and for their produce. They can borrow
upon good collaterals, real or personal. People with any equivalent
of money can get it. This whole trouble is born of the heresy, which
has a strangely extended hold upon the public mind, that the Government can create wealth and that if there were more money people
could, in some unexplained way, obtain it without rendering an equivalent.
A conditional repeal of this 10 per cent tax is proposed, conditioned
upon compliance by the State banks with certain regulations imposed
by Congress, designed to secure circulation and protect note-holders
against loss. Such State banks would then be national banks for the
purpose of issuing circulating notes, and Congress must provide for
their supervision and examination, to see that the laws are complied
with. Can currency be better taken out by a bank organized under a
State law than under an act of Congress ? Would Congress or the country gain anything by the proposed divided jurisdiction over these banks
of issue? Would not division lead to conflict and confusion? All
national banks make reports of condition to the Comptroller, on a past
day, fixed by him, in such form as the Comptroller prescribes, and upon
blanks furnished by him. These forms are very complete as to balance
sheet and detail. In order to comply with these calls a bank's books
must be so kept as to furnish the required information. These reports
are of very great value to the banks themselves, in systematizing their
bookkeeping and insuring good and uniform methods of business. The
information reported, all on the same date, is of great value to the public. What would be gained by denationalizing our banks in all respects,
except as to circulation? Can the various State legislatures be
depended upon to provide better laws and better supervision than Congress?
It is argued that 92 per cent of all business transactions consummated through banks are represented by credits—that is, exchanges
and offsets—and that 8 per cent only is represented by money. The
Government does not assume to regulate the 92 per cent. Why should
it the 8 per cent? Why not as well allow State bank notes to circulate? Their acceptance is purely voluntary. That statement is theoretically true, but practically it is wholly false. A banker, or large
h t
manufacture^ may b§ in % position? equipped with skilled



16

REPORT OF THE COMPTROLLER OF THE CURRENCY.

men or expert information, to exercise discrimination between the
strong and the weak banks. Bnt what can the artisan, the day laborer,
the miner, or the farmer know of such a matter^ From the nature of
their calling they can exercise no discrimination. They know, and
th§y can only know, that the Government allows such bills to circulate,
in form and semblance of money, and they have the right to hold the
Government responsible that it be worth 100 cents on the dollar,
whether it comes from New York or New Mexico.
The Constitution of the United States prohibits the States from
coining money or making anything except gold and silver legal tender.
State-bank bills could not become a legal tender. Neither are nationalbank bills. State-bank bills when issued add just so much to the
liabilities of the bank. They would circulate freely in times of prosperity and confidence. In times of monetary stringency and general
distrust they would return to the banks for redemption. They would
have to be redeemed in legal-tender money provided by Congress.
Congress must, under the Constitution, provide all the money that
possesses a full debt-paying power. By every consideration of sound
business principles it should provide all the money that the country
requires. No public interest can be served by dividing this function
with the forty-four States. Every period of financial depression in
the past resulted in the suspension of specie payments, more or less
general, by the banks; that is, resulted in the inability of the banks
to redeem their notes. The same conditions would produce similar results in the future. If State-bank notes*are allowed to circulate, their
acceptance is not voluntary; it becomes a business necessity. Many
mine-owners, manufacturers, and large employers of labor practiced
paying their help in store orders, in order to control their trade and
make the extra profit. Surely, under the law, the acceptance or rejection of such orders was purely voluntary, and yet their acceptance for
fear of losing their employment was general.
So great did this abuse become that many States have enacted laws
compelling corporations to pay their laborers, at regular intervals, in
money. The wealthy class could provide themselves with the means of
discriminating against the notes of weak banks, and if they found themselves possessed of any would proceed to work them off upon their less
fortunate neighbors. That is the record of the past. It would be the
experience of the future. To the average laboring man a bank-note reporter and detector would be as inexplicable as the binomial theorem.
When a bank suspends, the fact that the note is secured and will be
eventually paid is poor consolation to the laborer who needs his money for
his daily use. The note of a failed national-bank is as good as that of any
bank in the system. The restoration of State-bank circulation portends
disaster to that class of our citizens who most need and have most right
to ask protection from the Government. State-bank circulation loses its
money power in a crisis. It is a source of weakness and adds to the
danger. Instead of paying debts it cbmes forward itself to be paid.
CLEAN MONEY.

Currency, as applied to the money of a country, has been defined as
a " continuous succession of uses." A little reflection upon such continuous use, the journey from hand to hand, till to till, pocket to pocket,
over the damp counter of the saloon, through the necessarily soiled hands
of honest industry, treasured by the poor and carried in close proximity
to the person, it is easy to realize that it becomes " filthy lucre." Soiled




REPORT OF THE COMPTROLLER OF THE CURRENCY.

17

paper money is popularly believed to be a potent means of disseminating infectious and contagious diseases. The Bank of England never
reissues a note.
The statute provides for the redemption of United States notes when
they "are so mutilated or otherwise injured as to be unfit for use," and
for the redemption of national-bank notes when they are "worn, defaced, mutilated, or otherwise unfit for circulation." A note with the
accumulated filth of continuous use is unfit for circulation and should
be redeemed. Send in the old and let the people have new and clean
money. My experience as examiner in the discount and savings banks
of New York has impressed this matter upon me.
The following table gives the number of banks organized during the
year ended October 31, 1892, in each State and Territory, with their
aggregate capital :
States and Territories.
Texas
Iowa
Indiana
Ohio
Pennsylvania...
Illinois
Minnesota
Washington
Massachusetts..
Wisconsin
West Virginia..
Colorado
Idaho
New Hampshire
New Jersey
Kansas
Montana
Tennessee
Maine
Indian Territory

No. of
banks. Capital.
$1, 445,000
725, 000
1,110, 000
2, 000, 000
700,000
2, 500, 000
710,000
700,000
650, 000
500, 000
350, 000
260, 000
200, 000
250, 000
250,000
2C0, 000
200, 000
160, 000
150,000
150, 000

States and Territories

No. of
banks.

New York
California
New Mexico
Oklahoma
Wyoming
Missouri
Virginia
Georgia
North Carolina.
Arizona
Alabama
Florida
Kentucky
Maryland
Michigan
Nebraska
North Dakota..
Utah
Total.

Capital.
$300,000
150,000
100, 000
100, 000
100, 000
200,000
200, 000
150,000
125,000
100,000
100, 000
100,000
100, 000
50, 000
50,000
50,000
50, 000
50, 000

163

15, 285,000

In point of numerical accessions to the system, Texas leads with
twenty-two banks; Iowa, Indiana, Ohio, and Pennsylvania following
in the order named. Illinois, however, provided the largest amount of
capital. It has been noticeable for several years that the large proportion of increase in the number of active national banks is assignable to
those States and Territories located West of the Mississippi River and
in the Southern States. Of the one hundred and sixty-three banks
organized during the past year, eighty-two are located in States and
Territories west of the Mississippi, and thirty-six are located in the
Southern States. Pennsylvania still has the greatest number of national banks in operation, Massachusetts the greatest aggregate capital, and New York the largest amount of deposits. As prosperity and
population increase in the western portion of the country, extending
from north to south, so the privileges of the national banking system
are availed of in contrast with private banks and other financial corporations organized under State laws. During the past year the seventeen
failures were widely distributed, there having been three in Kansas; in
!New Mexico and Texas two each, and in other States only one. The
following table exhibits the number of banks organized, failed, and in
voluntary liquidation, and the net increase or decrease, numerically, each
year since 1863:
9647
2



18

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NUMBER AND AUTHORIZED CAPITAL OF BANKS 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.
Net

Organized.

In voluntary
liquidation.

Year.
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
1892 .

Capital.

No.

134 $16,378,700
453 79, 366, 950
1,014 242, 542, 982
8, 515,150
62
4, 260,300
10
1, 210, 000
12
1,500, 000
9
2,736, 000
22
170 19,519, 000
175 18, 988,000
7, 602, 700
68
6, 745, 500
71
107 12,104, 000
3,189, 800
36
2, 589, 000
29
2, 775, 000
28
3,595, 000
38
6, 374,170
57
9, 651, 050
86
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
163 15, 285, 000

3
Q
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
53

Capital.

yearly increase.

No.

Capital.

Insolvent.
No.

$330,000
650,000
2 160 000

•

O AAK PiOO

A

3, 372, 710 1
2, 550, 000 1
1, 450,000
2,180, 500 6
3, 524, 700 11
2, 795, 000 3
3, 820, 000 5
2 565 000 9
2, 539, 500 10
4, 237, 500 14
3, 750,000 8
570,000
3
1, 920, 000
16,120, 000 3
7, 736, 000 2
Q 64.7 9^fl
11
17, 856, 590 4
1, 651,100 8
2, 537,450 8
o
4,171,000
4, 316, 000 21
5,050, 000 9:
4,485,000 25'
6,157, 500 17J

Capital.

N e t yearly
decrease.

N°-«

Capital.

134 $16. 378. 700
450
79, 366, 950
$50, 000 1, 007 242,162, 08?
56
7, 365,150
500, 000
!
930. 300 8
1,170, 000
10 $1, 645, 500
410,000
9 1, 922, 710
50 000
64, 000
250,000
18, 069, 000
159
15, 001, 400
158
1, 806,166
253,000
36
3, 825, 000
3, 700, 500
48
250, 000
7, 283, 800
64
1 000 000
340, 200
5
965,000
7 3, 294, 500
3, 344,000
27 4, 075, 000
2, 612, 500
3 1, 385, 000
1,230, 000
45
5,104,170
700, 000
60
7, 731. 050
146
12, 357, 000
1,561, 300
220
20,668,350
250, 000
150
11,109, 980
1, 285, 000
56
1, 518, 590
600, 000
141
19, 056, 900
650, 000
192
26, 458,550
1,550,100
90
1 QAH Ann
5,982, 000
168
16, 674, 000
250,000
248
30, 450, 000
750,000
127
12, 593, 000
3, 622, 000
93
6, 677, 500
2, 450, 000

Total
4,811 698, 748,182 844 114, 588, 501 181 33, 030, 900 3,855
Deduct decrease ....
69

565,374,282

69 14,245, 500

14.245.500

1

Total net increase .

*3, 786 t551.128.782
* Two banks restored to solvency, making 3,788 going banks.
t The total authorized capital stock on October 31 was $693,868,665; the paid-in capital, $692,812,330,
including the ca-pital stock of liquidating and insolvent banks which have not deposited lawful money
for the retirement of their circulating notes.

As stated elsewhere with more particularity, the failures during the
past year were not disastrous, and in proportion to the number in active
operation were not so numerous as in some preceding years.
AMENDMENTS TO THE LAWS.

The Comptroller of the Currency is required annually to report u any
amendments to the laws relative to banking by which the system may
be improved, and the security of the holders of its notes and other
creditors may be increased."
(1) In my judgment the law should be amended so as to provided
as follows: That the minimum deposit of Government bonds, required
by national banks, be reduced to $1,000 in case of banks of $50,000 cap-'
ital, and to $5,000 in cases of banks whose capital exceeds $50,000.
Such deposit would be sufficient to guarantee the payment of all expenses and assessments imposed by law. Banks are no longer organized for the purpose of issuing circulation, and when organized to do
business as banks of discount and deposit it is clearly a hardship to
require them to purchase these high-priced Government bonds beyond
Digitized forthe amount above suggested,
FRASER


REPORT OF THE COMPTROLLER OF THE CURRENCY.

19

(2) That any national bank be allowed to issue notes equal to the
par value of the United States bonds which it may purchase and assign
to the Treasurer of the United States for the purpose of securing circulation.
(3) That the monthly withdrawal of bonds pledged to secure circulation shall not exceed four and a half millions in the aggregate. Should
withdrawals equal the amount named in any month (which is unlikely)
such amount would be offset by the additional circulation issued under
the second amendment suggested.
(4) That the tax on national-bank circulation be repealed. The banks
have already paid into the Treasury $72,670,412.30 in taxes upon circulation. The banks should only be assessed an amount sufficient to
defray the actual cost to the Government of providing circulation.
(5) That the limit of the amount which may be loaned to any person,
company, corporation, or firm, to 10 per cent of the capital stock of the
bank, be so amended as to read "capital and surplus." There should
be an additional amendment making an exception in favor of temporary
loans, secured by collateral, in our largest business centers. #
(6) That the Government issue bonds, with a long period to run and
at a low rate of interest, wTith which to retire the present bonded
debt of the United States, and which bonds may be used as a basis to
secure national-bank circulation. *
(7) That the Comptroller of the Currency, with the approval of the
Secretary of the Treasury, be empowered to remove officers and
directors of a bank for violations of law, leaving the vacancy to be
filled in the usual way 5 first giving such officers and directors an opportunity to be heard.
(8) That bank examiners be required to take an oath of office before
entering ux)on the discharge of their duties, and to give a bond in such
amount and with such sureties as the Comptroller of the Currency may
require.
(9) That the Comptroller of the Currency be allowed to appoint two
general examiners, of conspicuous ability and experience, to be paid
out of the public funds, whose duty it shall be to visit, assist, and
supervise the various examiners in their several districts, in order to
secure uniformity in method and greater efficiency in work.
(10) That the law be so amended as to prohibit officers or employes
of a bank from borrowing its funds in any manner except upon application to and approval by the board of direction.
(11) In order to facilitate the collection of assessments upon shareholders in failed national banks, that the receivers of such banks be
required to file with the county clerk or register of each county where
any shareholder may reside a statement showing the names of shareholders residing in such county and the amount of stock held by them
respectively; the filing of such statement to constitute a lien upon
the realty of such shareholders, which lien may be vacated, upon motion,
by giving proper bond, and which shall be discharged, by the receiver,
upon payment of the assessment.
(12) Section 380, United States Eevised Statutes^ reads as follows:
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.

Under this section it is claimed that United States district attorneys are ex-officio attorneys of the receivers of all failed national banks



Discussed elsewhere in this report.

20

REPORT OF THE COMPTROLLER OF THE CURRENCY.

located within their respective districts, and that all suits and proceedings must be instituted by or through them. It is difficult to believe that
the courts will finally sustain such a construction, that a simple action
for debt, which can be maintained in a State court as well as in the
United States court, and is not based upon any provision of the national-bank act, falls within the provisions of said act, or that a receiver of a failed national bank is an "agent" of the United States
within the meaning of said section.
It is difficult to believe that Congress has the power to impose the
services of any attorney upon such a trust, where the assets are wholly
private property, belonging to creditors and shareholders. Certain it
is that had Congress intended that such a broad construction would be
put upon this section it would have made some provision for exceptional cases. It is a physical impossibility for the various United
States attorneys to act as attorney or counsel for the receiver. In many
instances they reside several hundred miles distant from the trust. In
other instances there are so many trusts within a single district that
the United States attorney can not attend to all the business to be
done. The result in such cases is that where United States attorneys
insist upon being employed they become attorneys of record, nominally
appearing in all actions or proceedings, while some resident attorney
does the actual work. As a consequence the trust is obliged to pay
double fees for having its work done.
If the United States attorney must be employed in accordance with
the above section, then every time there is a change in such officer it
would necessitate the substitution of his successor in office, thus bringing in an entirely new man, with no familiarity with the pendiug litigation. Under such circumstances the usual practice has been to
retain the ex-district attorney as counsel, thus producing a double
charge for the services rendered.
Many United States attorneys make no claim to be employed.
Others when confronted with the situation relinquish their claim, but
still others insist upon being employed, and, when not employed, insist
upon being paid a fee for every act that is done by the attorney in the
regular administration of the aflairs of the trust. The Department has
in its possession bills rendered by United States attorneys who have
never performed any act for the benefit of the trust, have never been
consulted by the receiver, and never in any way had any connection
with the affairs of the failed bank, except to ascertain from the record
what suits and proceedings had been instituted and then have made
such suits and proceedings a basis of claim for compensation.
I append a table showing the various failed banks, their location,
and the location of the different United States attorneys who would
have to be employed by the receiver in case the construction sought
to be placed upon section 380 is a proper one. Also, the distance at
which such United States attorneys are located from the respective
trusts.
From this table will clearly appear the physical inconvenience, if not
impossibility, of these United States attorneys acting as attorneys for
various receivers. Surely these attorneys ought not to be paid for
what they can not and do not do. These trusts should not be subjected to double fees, and the above section should be amended so as
to provide that attorneys other than United States attorneys may be
employed by receivers of failed banks, whenever in the opinion of the
Comptroller of the Currency such employment will be for the interest
of a trust?



REPORT OF THE COMPTROLLER OF THE CURRENCY.

21

TITLE AND LOCATION OF EACH RECEIVERSHIP WITH LOCATION OF UNITED STATES
ATTORNEY.
Name of each failed bank.

First National Bank
Third National Bank
German-American National Bank
Mechanics' National Bank
Pacific National Bank
First National Bank
Do .
.. Do
Do
Marine National Bank
First National Bank
Do
Middletown National Bank
Exchange National Bank
First National Bank
Do
Fidelity National Bank
Fifth National Bank
First National Bank
Commercial National Bank
Madison National Bank
California National Bank
First National Bank
Do
Do
Third National Bank
Harper National Bank
Gloucester City National Bank
Park National Bank
State National Bank
Kingman National Bank
First National Bank
Do
Do
American National Bank
City National Bank
Peoples' National Bank
Spokane National Bank
First National Bank
Pratt County National Bank
Second National Bank
Keystone National Bank
Spring Garden National Bank
First National Bank
National City National Bank
Central Nebraska National Bank
Florence National Bank
Red Cloud National Bank
Ninth National Bank .
First National Bank
Do
Rio Grande National Bank
First National Bank
Do
Maverick National Bank
Corry National Bank
California National Bank
Cheyenne National Bank
First National Bank
Huron National Bank
First National Bank
Do
Bell County National Bank
First National Bank
Do
Lima National Bank
Cherryvale National Bank
First National Bank
National Bank of Guthrie
First National Bank
Yincennes National Bank




Location of trust.

. . .

Anderson, Ind
Chicago, 111
Washington, D. C
Newark, N. J
Boston, Mass
Union City, Pa
Leadville,'Colo
St. Albans, Yt
Monmouth, III
New York City
Livingston, Mont
Albion N. Y
Middletown, N. Y
Norfolk, Ya
Sioux Falls, S. Dak
Pine Bluff, Ark
Cincinnati, Ohio
St. Louis Mo
Auburn, N. Y
Dubuque, Iowa
Madison, S. Dak
San Francisco, Cal
Anoka, Minn
ShetField, Ala
Abilene, Kans
Malone,N. Y
Harper, Kans
Gloucester City, N. J
Chicago, III...'
Wellington, Kans
Kingman, Kans
Alma Kans
Belleville, Kans
Meade Center, Kans
Arkansas City, Kans
Hastings, Nebr
Fayetteville, N. C
Spokane Falls, Wash
Ellsworth, Kans
Pratt, Kans
McPherson Kans
Philadelphia, Pa
do
Red Cloud, Nebr
Marshall, Mich
Broken Bow, Nebr
Florence, Ala
Red Cloud, Nebr
Dallas, Tex
Kansas Citv, Kans
Palatka, Flii
Laredo, Tex
Coldwater, Kans
Clearfield, Pa
Boston, Mass
Corry, Pa
San Diego, Cal
Cheyenne, Wyo
Wilmington, N. C
Huron, S. Dak
Muncy, Pa
Downs, Kans
Temple, Tex
Deming, N. Mex
Silver Citv N Mex
Lima, Ohio
Cherryvale, Kans
Rockwall, Tex
Guthrie, Okla
Erie, Kans
Yincennes, Ind

Location of United Distance
States attorney.
apart.
Indianapolis
Chicago
AYashington
Jersey City
Boston
Pittsburg
Denver .^
Northfield
Springfield
New York City
Helena
Buffalo
New York City...
Norfolk
Huron
Little Rock
Cincinnati
St Louis
Buffalo
Fort Dodge
Huron
San Francisco
St. Paul
Birmingham
Topeka
Buffalo
Topeka
Jersey City
Chicago
Topeka
. .do
do
do
do

....do
Omaha
AYarrenton
Spokane Falls
Topeka
do
do
Philadelphia
do
Omaha
Bay City
Omaha
Birmingham
Omaha r.
Dallas
Topeka
Jacksonville
San Antonio
Topeka
Pittsburg
Boston
Pittsbure
Los Angeles
Sundance
Warrenton
Huron
Pittsburg .
Topeka
Dallas
Santa F6
do
Cleveland
Topeka
Dallas
Guthrie
Topeka Indianapolis

Miles.
36
8
143
151
67
85
123
50
67
106
43
335
192
72
29
127
96
333
229
94
193
200
37
152
301
193
151
142
156
208
128
392
146
225
132
192
67
56
154
302
173
154
127
435
200
225
186
134
316
364
148
151
28
140
117

22

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 31,1892. Of these 70 associations, 53 went into voluntary liquidation and 17 into the hands of
receivers.
NATIONAL BANKS CLOSED DURING THE YEAR ENDED OCTOBER 31, 1892, IN EACH
STATE AND TERRITORY, WITH CAPITAL AND CIRCULATION.

Name and location of bank.

Maverick National Bank, Boston, Mass.*
Citizens' National Bank, Colorado, Tex
Corry National Bank, Corry,
Pa.* '-California National Bank, San
Diego, Cal.*
Cheyenne National B a n k ,
Cheyenne, Wyo.*
First National Bank, Plymouth, Mich
First National Bank, Wilmington, N.C.*
.
National Bank of Wooster, Ohio
Indiana National Bank, Lafayette, Ind
First National Bank, La
Grange, Ga
Defiance National Bank, Defiance, Ohio
Produce National Bank, Philadelphia, Pa
Huron National Bank, Huron,
S.Dak.*
First National Bank, Burlington, Wis
Merchants' National Bank,
Kansas City, Mo
First National Bank, Manitowoc, Wis
First National Bank, Faiineld,
Tex
Commonwealth National Bank,
Philadelphia, Pa
Merchants' National Bank,
Fort Dodge, Iowa
First National Bank, Muncy,
Pa.*
'..
Giles National Bank, Pulaski,
Tenn
First National Bank, Quanah,
Tex
Northwestern National Bank,
Aberdeen, S. Dak
Castleton National Bank, Castleton, Vt
First National Bank, Downs,
Kans.*
Bell County National Bank,
Temple, Tex.*
First National Rank, Deming,
N.Mex.*
First National Bank, Silver
City, N. Mex.*
First National Bank, Chamberlain, S. Dak
Sedan National Bank, Sedan,
Kans
Bronson N a t i o n a l B a n k ,
Painted Post, N Y
Lima National Bank, Lima,
Ohio*
First National Bank, Ainsworth, Nebr




Circulation.

Date of
authority to Date of closing.
commence
business.

Capital
stock.

Dec. 31,1864 Nov.

2T1891

$400, 000

$78, 894 $30,064

Aug. 14,1890 Nov.

3,1891

60,000

13. 500

10, 030

3,470

Nov. 12,1864 Nov.

7,1891

100, 000

96,180

33, 058

63,122

Dec. 29,1887 Nov. 12,1891

500, 000

45,000

Dec.

2,1885 Nov. 13,1891

150, 000

33, 750

Jan.

5,1872 Nov. 14,1891

50, 000

45, 000

July 25,1866 Nov. 24,1891
Dec. 29,1871 Nov. 29,1891

250, 000
53,900

Apr. 22,1872 Nov. 30,1891
Dec. 20,1883 Dec.

Issued.

HeOutdeemed, standing
$48,830

45, 000
33, 750

12,173

32, 827

52, 880
48, 510

12,016

52,880
36,494

100, 000

90, 000

20,573

69, 427

11,700

5,660

6,040

1,1891

50,000

Dec. 22,1871 Dec.

7,1891

100, 000

22,500

6,239

16, 261

May 19,1886 Dec.

8,1891

300, 000

45, 000

16, 240

28,^60

Nov. 21,1884 Dec. 18,1891

75, 000

18,000

Feb.

3,1872 Dec. 19,1891

50, 000

10, 750

2,481

8,269

Dec.

2,1879 Dec. 22,1891 1, 000, 000

45,000

10,010

34, 990
11, 806

18, 000

Mar. 1,1865 Dec. 26,1891

50, 000

14,816

3, 010

Apr. 22,1890 Dec. 28,1891

50, 000

11,250

3,200

8,050

Dec. 14,1864 Dec. 31,1891

208,000

65, 480

19, 620

45, 860

Mar. 20,1872 ....do

100,000

22, 500

5,010

17,490

Feb. 23,1865 Jan. 11,1892

100, 000

94, 899

29, 250

65, 649

May 31,1872 Jan. 12,1892

100, 000

22, 500

4,662

17, 838

50, 000

11, 250

2,550

8,700

Oct. 22,1888 Jan. 15,1892

100, 000

22, 500

6,030

16, 470
11,630

Oct. 24,1889 ....do

Oct. 21,1865 Jan. 22,1892

50, 000

14, 630

3, 000

Oct. 12,1886 Jan. 23,1892

50, 000

10, 750

2,880

Aug. 25,1890 Feb.

50, 000

11,250

3,1892

Apr. 22,1884 ....do

7,870
11, 250

100,000

22, 500

Sept. 17,1886 ....do
Mar. 31,1883 Feb. 6,1892

50,000

11, 250

50, 000

11, 250

3,170

Nov.

50, 000

11, 250

2,470

8,780

50,000

22, 500

5,660

16,840

200, 000

45, 000

9,978

35, 022

50, 000

11, 250

2,100

9,090

5,1889 Feb. 9,1892
Oct. 5,1887 Feb. 29,1892
Jan. 16,1883 Mar. 1,1892
Aug. 12,1889 ....do
* Failed.

7, 540

14,960
11,250
8,080

REPORT OF THE COMPTROLLER OP THE CURRENCY.

23

NATIONAL BANKS CLOSED DURING THE YEAR ENDED OCTOBER 31, 1892, IN EACH
STATE AND TERRITORY, WITH CAPITAL AND CIRCULATION—Continued.
Date of
Name and location of bank.

commence
business.

Circulation.
Date of closing.

Lansing National Bank, Lansing, Mich
Apr. 4,1872 Mar. 5,1892 j
sg,
i t Nti
First National Bank, Leoti,
Feb. 7,1888 . . . . d o
|
Kans
First National Bank, Blaine,
Nov. 20,1890 Mar. 9,1892;
Wash
Erath County National Bank,
July 25,1889 Mar. 15,1892 \
Stp
,
Stephen vil'le, Tex
American National Bank, Biri
N t i l
J u n e 23,1887 Mar. 22,1892
mingham, Ala
First National Bank, Wilber,
July 3,1883 .--.do
Nebr
First National Bank, New LonMay 11,1872 Mar. 23,1892
don, Ohio
i t , Nti
First National Bank, Green- Oct. 7,1872 Mar. 28,1892
ville, Mich
ll M i h
National Exchange Bank, Co- |
Iambus, Ohio
! Nov. 30,1864 Apr. 1,1892
Citizens' National Bank, Roan- j
oke, Va
Mar. 10,1891 Apr. 4,1892 j
Inter-State National B a n k ,
New York, N. Y
Nov. 7,1889 Apr. 15,1892 |
First National Bank, Platte
City, Mo
May 31,1890 Apr. 25,1892
Citizens' National Bank, Man
kato, Minn
j June 27,1872 Apr. 27,1892
First National Bank, Jetmore, j
Kans
j Oct. 29,1887 Apr. 30,1892
Tampa National Bank, Tampa,- I
Fla
I Mar. 26,1891 May 2,1892
Birmingham National Bank,
Birmingham, Ala
Apr. 23,1887 . . . . d o
Cherryvale National Bank,
Cherry vale, Kans *
Apr. 16,1890 June 10,1892
First National Bank, Rockl B
ll T *
wall,, Tex.*
May 29,1888 | June 11,1892
National B a n k of Guthrie, July 31,1890 June 13,1892
Okla.*
First National Bank, Stafford,
' Kans
Mar. 7,1888 J u n e 15,1892
National Bank of Commerce,
Hutchinson, Kans
Mar. 30,1888 . . . . d o
First National Bank, Grafton,
Mass
Jan. 7,1864 June 21,1892
First National Bank, Erie,
Jan. 15,1889 June 25,1892
Kans.*
First National Bank, Dorchester, Nebr
Sept. 8,1885 July 5,1892
First National Bank, Salina,
June 27,1881 . . . . d o
Kans
Vincennes National Bank, Vincennes, Ind.*
. July 17,1865 July 6,1892 j
Ashtabula National Bank,
Ashtabula, Ohio
Aug. 22,1872 j July 10,1892
Lincoln National Bank, Linj
coin, Nebr
I July 6,1882 | July 12,1892
Second National Bank New |
j
Mexico, Santa Fe, N. Mex.... Aug. 1,1872 j July 17,1892
First National Bank, Aurora, !
j
Mo .
Sept. 1,1890 ! July 22,1892
Farmers and Traders' National
Bank, Oskaloosa, Iowa
Mar. 5,1883 July 30,1892
First National Bank, San Luis
Obispo, Cal
Dec. 24, 1887 Aug. 27,1892
First National Bank, De Smet,
Jan. 16, 1886 Sept. 14,1892 j
S.Dak
Third National Bank, SanOct. 28, 1872 Sept. 18,1892
dusky, Ohio
Merchants' National B a n k ,
Chattanooga, Tenn
j Nov. 3, 1890 Sept. 24,1892 |
National Bank of tbe Republic, Tacoma, Wash
Sept. 30,1890 Oct. 1,1892 !
Third National Bank, Urbana, Ohio
Dec. 18,1872 Oct. 15,1892 !
Total.




Capital
stock.

$5,980

$30, 720

50,000

10.250 I

3,680

6,570

50, 000

11,250 !

5,050

6,200

50,000

11,250 I

2,350

8,900

14, 530

30,470

2,060

10, 940

2,918

8,332

$185,600

$36, 700

i
j

250, 000

45,000 |

50, 000

13,000

50, 000

11, 250

50,000

11, 250

100,000

50, 670

100, 000

21,700 I

200,000

45,000 |

2,775

8,475

9,960

40, 710

3, 920

17,780

9,980

35,020

1,550 !

9,700

2,483 ;

13, 207

1,780 I

50, 000

9,470

11,250

70, 000
35,750

50,000
50,000
250,000

11,250

1,800 I
I

11,250
13, GOO !
45, 000

9,450
31,400
11, 250

50,000 I
11,250

26,720

125, 000
26, 720

100,000

19, 890

1,910
21, 800
1,320

9, 950

2,800

19,700

2,641 j

50,000

22,46i

11, 250

100,000

22, 500

100, 000

25,102
1,450 !

9,800

1,060 j

10,190

2,090 !

31,660

12,070 |

50, 000

29,250

11, 250

50, 000

11, 250

150, 000

33, 750

100,000

41, 320
4,700 |

63,150

2,320 |

80, 000

20,180

I

31, 258

67, 850

100, 000

22,500 I

150, 000

33,750

2,497 I

11, 250

50,000

11,250 '

100, 000

1,650 I

20, 850

22, 500

1,350 I

32,400

450 |

10, 800

11,250 !
!

150,000

1,050 ;

43,950

45,000 I

1,170 !

43,830

33,750 j

50, 000
200, 000
i

250,000 j
200,000 j
100,000 I
8,007,500 j

•Failed.

ReOutdeemed. standing.

Issued.

45, 000 '
45,000

45,000

22,500 I.

22,500

2,031,851 | 393,673 I 1,638,178

24

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The gross liabilities of the seventeen banks which failed during the
year were $12,538,448. The estimated value of the assets is $10,750,347,
or 85.74 per cent of the liabilities.
Five of these banks failed prior to December 1, and their failure was
the result of the quasi panic of 1890 and 1891, and a continuation of the
bank failures which characterized the year immediately preceding.
The Maverick National Bank of Boston had liabilities of $8,727,833,
or more than two-thirds of the total liabilities of the banks failing during the year. Aside from that institution the failures were inconsequential in amount, and, as noted above, the probable loss to creditors
is less than the average for previous years.
No bank has failed since July 6, 1892.
DOMESTIC EXCHANGES.

One of the great values which the national-bank system possesses is
the facility it affords for obtaining accurate statistical information as
to the course and character of business. With nearly four thousand
banks, representing nearly every locality and every business interest,
under central supervision, it is within the power of the Comptroller of
the Currency to obtain data showing exact conditions of business at
stated time or times.
.For the purpose of showing the course and magnitude of business of
the banks, my predecessors have called for the exchanges drawn by the
different banks upon each other and upon the reserve and central reserve
cities for a certain year. These exchanges represent the settlement of
balances between the different banks and correspond exactly with the
cash balances paid or received by the different banks, in settlement of
their exchanges in our clearing-house cities. My immediate predecessor, Mr. Lacey, called for such information for the year ended June 30,
1890, and June 30,1891.
Thinking that the monetary stringency that prevailed in the fall of
1890 and the early part of the year 1891 might be thought to impair the
value of statistics for these years, as a criterion, I have also obtained
like information for the year ended June 30,1892. Thus we have three
successive years, covering what maybe fairly termed a sample period,
and the information set forth in the following tables may be accepted as
fairly reflecting the volume and character of the business of the banks
for the periods covered, hence it will be unnecessary to call for similar
information from the banks for some years to come.
Out of the 3,759 banks called upon, 3,647 complied with the Comptroller's request and furnished the data for the following table:




REPORT OP THE COMPTROLLER OF THE CURRENCY.

25

AMOUNT OF DRAFTS DRAWN BY NATIONAL-BANKING ASSOCIATIONS UPON NEW
YORK, 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 1892.
1892.

Location of banks drawn upon.

Number
drawing.

Central reserve cities:
New York
Chicago
St. Louis
Other reserve cities :*
Boston
Albany
Philadelphia
Pittsbui g
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.

3,427
1,178
577

654
189
255
72
180
192
404
141
97
111
335
42
217
4
168
102
241
18
1,280

Amount
drawn.
$7, 896, 467,165
1, 428, 828, 063
260, 649, 996
1, 395. 937, 524
24, 007, 580
546, 582, 679
111, 444, 735
040,141
363, 374
36, 882. 816
43, 444;458
160, 648, 321
31, 407,145
55, 916,023 j
38, 974,954 I
104, 336, 804
9, 301,148
135, 557, 812
736, 111
93, 678, 219
43, 142, 540
946, 228
023, 513
379. 642, 241
12,994,959, 590

Total.

Per cent.
60.77
11.00
2.01
10.75
.18
4,21
.85
.68
.05
.28
.33
1.24
.24
.43
.30
.80
.07
1.04
.01
.72
.33
77
.02
2.92
100. 00

*The total amount of drafts drawn upon other reserve cities in 1892 is $3,029,372,125, and the percentage 23.30.

For purposes of comparison the following table, snowing similar information for 1891 and 1890, is reproduced:
1891.
Location of banks drawn
upon.
Central reserve cities:
New York
Chicago
St. Louis
Other reserve cities :*
Boston
Albany
Philadelphia
p
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.

1890.

Number
Number j
drawing. Amount drawn. Per cent.I drawing. A m o u n t
$7,
t, 326 I 836, 208, 250
. 146 |1, 254, 693,941
,
589 j 237,908,010

61.31
9.82
1.86

853 ! 1,492,266,242
68 |
26, 947, 718
664 ! 541, 333, 463
204 j 147, 213, 869
258
87, 802,114
4, 651,146
67
37, 518, 587
243
56, 056, 805
200
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, 302,120
228
1,771,976
6
75, 937, 658
170
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
l!17
24
44
29
82
08
82
01
60
24
85
01
2.
76

12, 782, 212,495

100. 00

drawn.

Per cent.

3,147
1,024
481

$7, 284, 982, 634
1, 084, 574, 558
188, 765, 842

63. 07
9.39
1.64

2, 334

2, 527, 757, 482

21.88

464,817, 739

4.02

11,550, 898,255

100.00

1,080

* The total amount of drafts drawn upon other reserve cities (not shown in detail in 1890) in 1891

was $3,101,005,735 and the percentage 24.25.


26

REPORT OF THE COMPTROLLER OF THE CURRENCY.

From the preceding table it will be observed that the percentage of
exchange drawn upon New York, Boston, and Philadelphia shows a
slight loss each year, while the percentage drawn upon Chicago and
St. Louis shows a slight increase, indicating that, with the growth and
increase of wealth in the interior of the country, the proportionate
amount of business done by these large interior cities is increased out
of proportion to the seaboard cities.
The following table shows the number of banks drawing and the
amount of exchange drawn by all the national banks reporting, 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,
1892, to which has been added a column giving corresponding totals
for the years 1891 and 1890:
AMOUNT OF DRAFTS DRAWN BY ALL REPORTING BANKS IN 1892,
Reserve cities.
Location of diaw-,
ing banks. I

All other.

Amount.

Amount.

1891, AND

1890.

Total.
Amount.

Amount.

Amount.

jfc.2

Total

1892.
55 $750,855,974
211.107,698,918
67; 683, 986, 858
51 223, 565, 323
23 583,838,742
22 511,932,307

1892.
1892.
1891. I
1890.
$838, 970, 687 263i$l 589,826,661 $1 647, 658, 703;$l.
600, 009, 684
502, 446, 908 201 610,145, 826 , 410, 349, 266 361,844, 062
601, 541, 825 372 285, 528, 683 , 277, 263,733 130,402, 494
751, 200, 437 315 974, 765, 760 967,584, 963 919, 743, 864
337,069, 717 233 870, 908,459 833, 471, 368 772,069, 028
57,478,100 78 569,410,407 635,857,962 543,777,164
483,136,133 97 483,136,133 540, 605, 942 508, 700, 947
448, 585, 555 84 448, 585,555 428, 790, 755 416,047,524
9 217,230,227
228, 074, 091 132 445,304, 318 381,159, 666' 331,177, 493
7 138,763,202
225, 819,125 101 364, 582, 327 369, 686, 997 345, 484, 681
330,195,197 206| 330,195,197 347, 699, 375, 241, 780, 749
385,405,212 328, 865,169 281,262, 306
125,448, 060
12! 259,957,152
363, 351,840 59 363,351,840 326,295,972 323, 357,109
273, 964,364 1481 297, 748, 261 315, 345,151 229, 878, 098
3 23,783, 897
43,137, 348 65 308, 074, 908 296, 966, 976 260, 619,135
22| 264,937, 560
219, 779, 731 106 219, 779, 731 221,086, 925 186, 618, 301
i
138, 434, 774 74 210,534, 597 187, 850,498 149,171, 877
3| 72,039,823
209,156, 011 52 209.156, 011 176, 871,574 160, 755, 610
169, 607, 438 77 169^ 607,438 176,479, 284 162,579,412
164, 888, 554 137 164, 888, 554 159,419.341
143, 467, 707
136, 226, 963 54 136, 226, 963 152, 719, 3951 94, 831,961
149, 845, 579 51 149, 845, 579 141, 525, 565] 134, 854,170
81, 559,474 79 137, 226, 761 138,148, 783 133, 031, 928
10| 55,667,2871
12, 405, 394 20 135,406, 705 134, 919, 339 120. 422, 635
10i 123.001,311!
89, 209,450 35 118, 910, 689 124,474, 265 110, 748, 634
2i 29, 701, 239
116,400, 602 36 116, 400, 602 118, 001, 654 83,719,222
103,244, 799
111, 109, 843 48 111,109,843
85, 033, 920
85,944,110
94,194, 996
85, 944,110 61
74, 334, 294
77,431,400
88,208,733
77,431, 400 32
88,055,102
66, 980, 208 70, 335, 904 58, 548,436
66, 980, 208 39
68, 775, 278 65,765, 033
52,223, 703
68, 775, 278 34
52, 544, 854 65, 046,139
52, 544, 854 29
53, 335, 607
47, 796, 878 52, 363, 656 46,206, 305
12| 45,257,077
2, 539, 801 13
43, 810, 681 47,131, 898
43, 810, 681 23
45,572,126
43,546, 212
45,503,254
45,503, 254 18
35,125, 031
34,458, 046j 42, 705, 672 41, 378, 067
34, 458,046 13
39, 438, 013 40,761,234
30, 949, 385
39,438,013 17
34, 414, 274 25,167, 612
35,458, 014
35,458,014
27
40,870, 919| 33, 215, 067 32, 061, 974
40, 870,919 40
25,176, 990J 29, 079, 559| 22, 948, 968
25,176, 990 121
9i
»i 25,163,982 28 25,163, 982 27, 905, 7771 31, 359,123
16, 553, 426
29,748,093
29, 748, 0931 26,574,478|
28 22,467,132 14
26, 227, 052 27, 349, 987
22.467,132
14 17, 598, 426 12
20,142,533
14,837,575
17,598,426
12 11,965, 046 12
10,413, 865
11, 965, 046 11,891, 088
12
10,735, 684
8,507, 703
7,948, 235
7,948, 235
8
8
3, 494, 472
1,884, 380
3,471, 226
3,471, 226
4
4
2, 237, 907
2, 695, 871
2, 639,028
2, 639, 028
2
2
2, 090, 873
1,954,033
1,954, 033
5
5
1, 800, 833
1, 752, 724 3
1, 752, 7241
3
! 329 5, 042, 276, 897 3, 31817,952, 682,3,647112, 994,959, 59012,782, 212,495I11, 550, 898, 255
693
! !

Massachusetts...
Illinois
Pennsylvania
New Y. ork
Ohio..*
I
Missouri
|
New Jersey ...
Connecticut ...
Nebraska
Michigan
Texas
Minnesota
j
Rhode Island
j
Iowa
I
Maryland
j
Indiana
i
Wisconsin
|
Colorado
j
Maine
j
Kansas
•
Tennessee
i
New Hampshire. ;
Kentucky
Louisiana
|
California
j
Virginia
Vermont
Washington ..
Georgia
Oregon
Montana
Alabama
Dist. of Columbia
North Carolina ..
Florida
South Carolina ..
Delaware
West Virginia. ..
South Dakota
Mississippi
Arkansas
North Dakota
Utah
New Mexico
Wyoming
Idaho
Arizona
Nevada
Indian Territory.
Oklahoma




208
180
305
264
210
56
97
84
123
94
206
57
59
145
43
106
71
52
77
137
54
51
69
10
33
36
48
61
32
39
34
29
1
23
18
13
17
27
40
12

27

REPORT OF THE COMPTROLLER OF THE CURRENCY.

It will be noticed that some changes have taken place in the relative
importance of the several States during the year. Nothing especially
significant, but all suggesting the westward trend of wealth and business.
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, 1892.
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
Total

all other
On New York. On Chicago. On St. Louis. On other re- Onbanks.
serve cities.
$4, 365, 000
716,348,880
711, 425, 452
411, 695, 566
148, 063.578
263, 094, 031
228, 044, 734
185. 919, 740
165,443, 769
160,191. 368
109, 297, 538
119, 221. 922
125,497,020
85, 058, 793
118, 553, 557
55,355,282
28, 626, 086
45,149, 951
32, 561. 982
40,161, 794
10,168, 725
22, 494, 888
3, 786,739, 656




Total.

$54,105
$15,919 $90, 699, 735
233,163, 589
8, 645, 379
93, 428, 780
3, 317,453
5, 654
35,854,418
584, 093
16, 540
34, 306, 781
56, 063, 854
58,864, 911
3, 041, 752
10, 708, 022
1,181, 403
13, 657, 289
190, 565
17,701
36, 674, 550
15,913, 739
6,162, 069
32,186, 295
12, 972,128
168, 344
56, 235, 353
21, 517,158
11, 210, 048
77, 414, 602
16, 240, 994
14,100, 505
9,761, 528
9, 484, 766
145, 000
46,235
2,850, 074
39,279,118 ""1,192,093* 17, 229, 382
1, 725, 501
1, 566, 595
1,155, 086
34, 785, 889
24, 823, 595
41, 085, 847
2, 372, 890
15,000
2, 854. 946
5, 396, 829
1,410,024
8, 763, 957
3, 729, 574
7,191, 286
157,444
4,929, 939
12, 892, 399
506, 600
416,173
2, 004,458
2,907,228
1, 010, 860

$37 ^35
56,112' 290
252, 997
2, 553, 375
10, 386
835, 266
10, 010
4,180, 888
10, 909
722, 453
176, 588
149, 986

1, 283, 805

$95,171, 994
1,107, 698, 918
750, 855,974
449,156, 355
266, 044,481
289,476,011
264, 937, 560
244,362,731
234, 830, 503
193,641, 027
217, 230, 227
138, 763, 202
128, 393, 329
143,039, 386
123, 001, 311
116, 917, 766
72, 099, 823
55, 667, 287
52, 246, 799
45, 257, 077
23, 783, 897
29,*701, 239

585, 256, 630

69,433,197

5, 042, 276, 897

101, 713, 947

499,133,467

280,606
572
1, 953, 000
855, 537
7,900

28

REPORT OF THE COMPTROLLER OF THE CURRENCY.

Continuing the same classification as is exhibited in the preceding
table, the following table is introduced giving like information as to all
banks outside of reserve cities :
AMOUNT OF DRAFTS DRAWN BY BANKS IN THE SEVERAL STATES OUTSIDE OF THE
RESERVE CITIES.
States and Territories.

On New
York.

Massachusetts
New York
Pennsylvania
New Jersey
Connecticut
Illinois
Texas
Rhode Island
Ohio
Iowa
Michigan
Indiana
Colorado
Maine
Nebraska
Kansas
Tennessee
New Hampsli i re
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

$219, 293, 363
708,G52, 233
239, 672, 087
420,100,198
407,189,052
125, 029,228
181, 667, 824
213, 917,176
225, 044,403
80, 749, 397
98, 566,069
117,130, 815
128, 995, 061
30,917, 004
58,729,050
70, 924, 002
102,996, 976
7, 289,883
29,184, 632
78, 210, 035
41, 381, 613
21,017, 261
34, 872,153
35, 519, 259
73,116, 762
27, 365, 442
24,705, 901
36, 054,947
45,131, 812
9, 950, 820
30,023, 841
33,945, 211
7,585. 977
31,968; 269
7,113, 855
15,686, 519
13, 903,086
14,323,450
10,173, 740
9,361,630
13, 655. 855
10,476, 832
4,701,167
4, 690,006
3,094, 096
2,434, 651
1,370, 305
371,530
792, 923

On Chicago.

On St.
Louis.

On other re- On all other
serve cities. localities.

Total.

$1,405,286
$617, 905, 245 $366,793 $838, 970, 687
1, 577,083
38, 709, 327 2, 261, 794 •751, 200, 437
1,284, 247
359,374, 368 1, 211,123
601,541,825
48, 45i)
62, 966, 095
483,136,133
21, 381
550, 413
40,830, 572
15, 518
448, 585,555
324,647, 235 $29,163, 899
18, 870, 015 4, 736, 531 502, 446, 908
4, 786, 538 42,422, 045
21, 637, 249 79, 681,541
330,195,197
100
130, 717, 662 18, 716, 902 363,351,840
6, 285, 797
144, 536
95,664,449 9,930, 532
337,069, 717
168, 450, 984 3, 846, 497 13,115,159 7, 802, 327 273, 964, 364
59, 986, 454
65,988,431 1,278,171
225,819,125
41, 664,704 1, 984, 095 44, 401, 511 14,598,606
219, 779, 731
17,141,854 9,416,190
20,370, 404 33, 032, 502 209,156; 011
133,678,466 5, 011, 968 169, 607, 438
42,714,473 1,148,753 117,791,429 7,690,386
228,074, 091
13, 741, 669 15,917,225
61,435,110 2, 870, 548 164, 888, 554
1,802, 392 3, 367,525
20,697, 635 7, 362, 435 136,226, 963
142,483,040
72, 656
149,845, 579
74,631, 220
33, 810,104
138, 434, 774
3, 598
35, 308,066 2, 878, 903 116,400,602
80, 750
65,916,525 3, 730, 955 111, 109, 843
4,183, 905
463, 765
56, 832, 268 6, 712, 251
89, 209,450
5, 466, 407
18, 099, 986 27, 505, 564
85, 944,110
30, 760, 884 *i28*275"
58, 022, 226 1, 017,416
125,448, 060
2,717
963,816 3, 348,105
77,431, 400
303, 950
49, 576,818 3, 854, 988
458, 276
81, 559,474
3,562, 945
23, 395, 261 15, 095, 983
220.118
66, 980, 208
9, 961, 291 2,813, 795
11,223,013 8, 722, 232
68, 775, 278
18, 592
4,889,191 2, 260, 862
244, 397
52,544, 854
5, 456,122' 31, 435, 292 10,087, 549
548, 317
57,478,100
8, 959, 991 4.826, 849
43, 810, 681
894,810
2,181,186 8; 454, 592
27,455
45,503, 254
19, 481
35, 266, 249
265, 641
43,137, 348
1,690, 896
798, 881
34,458, 046
32, 324,158
39,438, 013
15,971,107 3, 800, 388
35,458, 014
14 203, 942
700,876
4,724,704 7, 338, 311
40,870,919
20,742
908, 284
7, 347,989 2, 576, 525
25,176, 990
582,122 10, 763,453
1, 553, 328 2, 091, 339
25,163, 982
1, 824,244
17,941, 849
620, 370
29, 748, 093
1, 678, 577
333,153
5, 371, 210 1, 428, 337
22, 467,132
838,174 1,050,008
4,141, 989 1, 091, 423
17, 598, 426
37, 436 1,139, 581
6, 306, 613
220, 597
12,405, 394
1, 878,113
4,548,159
848, 768
11,965,046
765, 700
2, 443, 811 1, 638,408
7, 948, 235
6,220
32, 251
2, 539, 801
72, 899
34, 268
362, 810
3, 471, 226
1,547. 736
156,107
103, 894
2, 639, 028
580, 890
1, 582i 714
1,954,033
54,973
685, 290
420,847
1,752, 724
31,592
169,892
871,132

Total
4,109,727, 509 843,571,433 158, 935, 049 2,530, 239, 658310, 209,044 7, 952, 682, 693
By banks in reserve
cities
3, 786, 739, 656 585, 256, 630 101,713,947 499,133, 467 69,433,197 5, 042, 276, 897
Grand total... 7,896, 467,165 1,428,828,063 .260, 648, 996 1,029, 373,125 379, 642, 241
12,994, 959, 590

In connection with these tables, showing the vast volume of business
done by these banks, the question naturally suggests itself: What is the
cost of this business to the public and what character of service is rendered to the public by these banks f
Answering this question the Comptroller, in 1890, obtained data
from which he submitted a table showing the amount of premium
charged on each $100 of exchange drawn, stated in cents, fractions
thereof being omitted.



EEPORT OF THE COMPTROLLER OF THE CURRENCY.

29

The table referred to is here reproduced.
States and Territories.

Rhode Island
New Hampshire
Delaware
Maryland
District of Columbia .
Kentucky
Massachusetts
Connecticut
Vermont
New York
New Jersey
Ohio
Missouri
Maine
Pennsylvania
Kansas
Nebraska
Illinois
Virginia
Indiana
Minnesota
Utah
"Washington
Wisconsin

Rate
of exchange
on $100.
Cents.
1
1
4
4
4
5
5
6
7
7
8
8
8
9
9
9
9
9
10
10
10
11
11
11

States and Territories.

Iowa
North Dakota...
South Dakota...
Michigan
West Virginia..
California
Montana
Wyoming
Colorado
Idaho
Louisiana
South Carolina..
Mississippi
Oregon
Florida
Tennessee
Alabama
Georgia
North Carolina .
New Mexico
Arkansas
Arizona
Nevada
Texas

Rate
of exchange
on $100.
Cents.
11
11
11
12
12
12
12
13
IB
13
14
14
15
15
17
17
18
18
18
18
20
20
20
21

Average rate, United States, per $100 on total exchange ($11,559,898,255)

This table shows an average of 8 J cents on each $100 of exchange
drawn by all of these banks; that is, exchange drawn on each and
every one of their correspondents with whom they may have had dealings during the year.
In order to give a more M l and practical illustration of this subject,
I have this year prepared data showing the total amount of exchange
drawn by the various banks reporting to have been $12,994,959,590, and
the total commissions charged to have been $3,343,736, or an average
of .03 of 1 cent on the $100 of exchange.
Contrasting the current rates charged by the banks (when they make
any charge at all) with the statement just made, and we see what a vast
amount of exchange is drawn without any compensation whatever.




30

REPORT OF THE; COMPTROLLER OF THE CURRENCY.

The following statement shows in fractional parts of a cent the average
charge x>er $100 for exchange drawn by national banks in each State
during the year ended June 30, 1892:
Average •>
charge
per $100.

States and Territories.

Cents.

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

.01
.08
.03
.004
. 0015
.01
.03
.002
.02
.007
.01
.04
.06
.07
.09
.08
.14
.01
.12
.12
.05
.13
.09
.03
.08
.02

Average
charge
per $100.

States and Territories.

ts.
.02
.06
.01
.04
.04
.04
.03
.04
.02
.12
.03
.03
.07
.07
.05
.08
.10
.07
.07
.05
.17
.06.
.14
.11

Ohio
Indiana
Illinois
Michigan
Wisconsin
Iowa
Minnesota
Kansas
Nebraska
Nevada
Oregon
Colorado
Utah
Idaho
Montana
Wyoming
New Mexico
North Dakota
South Dakota
Washington
Arizona
California
Oklahoma Territory
Indian Territory
Average United States

.03

In order to mark the progress made in banking and emphasize the
improvement in the service which railroad, express companies, and telegraph facilities afford and bring into proper prominence the extent to
which the bank service to the public has been cheapened, as well as
enlarged and improved, I insert here, for the purpose of comparison or
contrast, two tables taken from Elliott's Funding System, showing the
cost of exchange and the charges which the public were required to
pay at the dates therein mentioned.
DISCOUNT ON DOMESTIC EXCHANGE AND PREMIUM ON AMERICAN GOLD AT NEW
YORK IN JANUARY IN THE YEARS MENTIONED.
1829.

Boston
Philadelphia
Baltimore .
Richmond.
North Carolina
Charleston
Savannah .
New Orleans
American
gold

Par.
Parto£
*to |
| to 1

1830.

itol

1828.

1831.

it©*
lt02
£to|

8 to 10 3£ to 4
l t o l j I£to2
I|to2i
ltolfc

tol

2to2J
I£to2
I£to2
ltolfc

Itolfc
ltolj
ltol|

1834.

1835.

Par. Par.
k
tofr
jtol ftol f to!

3to3J

1

lito'2 itoi
2 1 to 1|
1 to \\
2
ltott i t o l l t o l |
5Jto6

I




1833.

to |

5| to 6 I 4to4J

6to6£

1832.

*May.

1836.

Par.

1837.

1838.*

Par.
Par to 2
Par to £ 11 to 5
Par to £ If to 5 |
ltolj
2 to %
5
2 to 8
1\ to 3 2| to 10
3 to 4 2 to 12
6*

7 to 9

REPOKT OF THE COMPTROLLER OF THE CURRENCY.

31

RATES OF DOMESTIC BILLS IN NEW YORK IN THE YEARS 1838 TO 1843.
1843.

Boston
Philadelphia
Baltimore
Richmond
North Carolina...
Charleston
Savannah
Mobile
New Orleans
Nashville
20
Louisville
Cincinnati

Par to
Par to
Par to
1 to
l*to If
lito I
to
14 to 16
1 to 2p
3 to 3j
1 to
1 to
* New York, resumption, May, 1838.
t General resumption, February, 1839.
X Eesuspension, November, 1839.

The competition for bank accounts takes various forms. Interest is
paid upon average balances, exceeding certain amounts, in many cases.
But the usual method of rewarding depositors for keeping balances is
taking their collection items and crediting the same as a cash deposit,
and giving them the exchange required in course of business at par.
The fact that the average commission received by the banks on each
$100 of exchange sold is three hundredths of 1 cent shows conclusively
what an enormous amount of business is done by the banks gratuitously, or without direct charge. The number of b'xnks reporting
exchange drawn this year (3,647) is 10 greater than last year. The
volume of exchange drawn is greater by $212,747,095. If to the
$12,994,959,590 reported by the 3,647 banks we add for the remaining
112 national banks, and then take into consideration the exchange that
must have been drawn by the 4,520 private bankers and State banking
institutions other than savings banks, whose general condition is set
forth in a subsequent portion of this report, we shall have a grand
total of exchange drawn by all the banks, approximating $17,500,000,000.
A bank having a balance to settle with another bank does so by remitting a draft upon some bank where it has a balance, usually upon New
York City. Drafts on New York are at a premium in most parts of the
country, seldom at a discount in any place. Thus by a system of draft
remittances the obligation of one interior bank to another drifts into
our money centers for collection, goes into the volume of the exchanges,
enjoys the economy of every possible offset, and this great volume of
business is transacted and all balances adjusted by the actual shipment
of a very small amount of money.
SUBSTITUTES FOB MONEY.

The subject of the currency of the country, always one of interest
and importance, is especially so at the present time, because of the
differences which obtain in the minds of the people in regard to what
the currency should be and under what authority it should be created.
It will api>ear from the statistics given in this report to what extent the use of money is minimized by means of clearing-house organizations in our principal cities, and, for the purpose of showing to what a
limited extent actual money enters into the business transactions of the
country, I have followed the precedent set by my predecessors in office
in 1881 gud 1890 and askecj all the banks under the supervision of l i




32

REPORT OF THE COMPTROLLER OF THE CURRENCY.

Bureau to report all receipts for the 15th day of September, 1892,
separately stated and classified.
My object in this report has been to furnish reliable data from which
the public could see and realize how small a percentage of business
transactions are represented by actual money, and how impossible it
is for the Government to furnish a volume of currency sufficient to meet
the wants of the people at all times—that is, in time of general distrust
or quasi panic.
Over 90 per cent of all business transactions are done by means of
credit. When the public lose confidence and credit is impaired and
refused, over 90 per cent of all business transactions are directly affected. It is easy to realize how impossible it is for the remaining 10
per cent of money to carry on the business of the country without monetary stringency and financial distress.
The refusal to extend or continue credit, the demand for payment in
money, leaves the actual money or currency of the country, be it $24
per capita or $50 per capita, utterly powerless to supply business needs.
Out of the 3,759 banks reporting their condition on July 12, reports
were received from only 3,473 in time for insertion in this report. Those
failing to report were the newer and less important institutions, hence
the data received may be taken as fairly representing the business of
the country.
The total receipts of the 3,473 banks on September 15, 1892, were
$331,205,213. September 17,1890, 3,474 banks reported total receipts
of $327,278,251. The classification is the same and the percentage
slightly varies.
The following table shows the character, amount, and percentage of
receipts of national banks on September 15, 1892:
September 15,1892.
Character of receipts.

Gold coin
Silver coin
Gold Treasury certificates
Silver Treasury certificates
Legal tenders
Treasury notes
National-bank notes
United States certificates of deposit for legal tenders
Checks, etc
Clearing-house certificates
Exchanges for elearirg house
Miscellaneous
Total

,

3,473 banks.

Percentage of
total receipts.

$2,907,017
1, 372, 054
3,407. 340
6,537,015
8, 531, 514
2,675, 269
3,454,483
2,210, 000
154,959, 059
2, 691, 829
141, 873, 266
586,367

.88
.41
1.03
1.97
2.58
.81
1.04
.67
46. 7S
.81
42.83
.18

331,205,213

100. 00

From the above table it appears that 9.39 per cent of the transactions
were represented by actual cash, the balance by checks, drafts, exchanges, and other substitutes for money.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

33

The following table shows the character, amount, and percentage of
receipts of national banks in the central reserve cities, etc., on September 15, 1892:
ISTew York. Chicago. St. Louis
Character of receipts.
48 banks.

Other
reserve
cities.

Country.

21 banks. 8 banks. 252 banks.

$76, 681
$87,636
$10, 507 $507,447
Gold coin
75, 601
9,115
280, 389
Silver coin
50,331
Gold Treasury certifi8,080
cates
2, 861, 600
297, 710
17, 210
Silver Treasury certif- I
icates
|
146,189 1, 858,499
447, 285
847,729
Legal tenders
j 2, 914,161
395,060
63,184 2, 073,356
185,125
8,564
356,676
Treasury notes
j 1, 541, 064
175, 791
45, 223
664, 758
319,252
National-bank notes... |
United States certifi- |
cates of deposit for i
760, 000
legal tenders
I 1, 380, 000
Checks
! 37, 245, 870 13,072,743 l, 009, 898 41, 738,194
Clearing-house certifi- \
cates
241,669 2, 353, 588
Exchanges for clearing \
house
i 8!,729,320 ! 10, 632,618 847, 641 38, 035, 241
Miscellaneous
I..
120,282

Total

3,144
banks.

Total.

Percentage of
total receipts.
3,473 banks.
Per cent.
0.88
.41

$2, 224, 746 $2, 907, 017
956, 618 1, 372, 054
222, 740

3, 237, 313
3, 085, 753
583,840
2, 249,459

3,407, 340

1.03

6, 537, 015
8,531,514
2,675,269
3,454,483 I

1.97
2.58
.81
1.04

2,210, 000
70, 000
61, 892, 354 154,959, 059

.67
40.79

2, 691, 829

.81

8,628,446 141,873, 266
466, 085
586, 367

42.83
.18

1130,976,963 125,078,114 12,390,070 |89, 046,140 83,713,926 331,205,213

100. 00

96, 572

The following table shows the character and percentages of total
receipts of national banks in ISTew York, etc., September 15,1892:
Character of receipts.

Gold coin
Silver coin
Gold Treasury certificates..
Silver Treasury certificates Legal tenders
Treasury notes
National Bank notes
United States certificates of
deposit for legal tenders...
Checks, etc
Clearing-house certificates..
Exchange for clearing house.
Miscellaneous
Total .

New York,
48 banks.

Chicago,
21 banks.

Other reSt. Lonis, serve cities,
8 banks. 252 banks.

Per cent.

2 23
L18
.24

Per cent.
.31
.30
.07
1.78
1.58
.74
.70

Per cent.
.44
.38
.34
6.12
2.64
.36
1.89

Per cent.
. 57
.32
.33
2.09
2. 33
.40
.75

Per cent.
2.66
1.14
.27
3.87
3.69
.69
2.69

t'er cent.
.88
.41
1.03
1.97
2.58
.81
1.04

1.05
28.43

52.12

63.93

42.40

42.26
10.11
35.46

.85
46.87
2. 64
42*. 71
.14

.08
73.93
.12
10.30
.56

.67
46. 79
.81
42.83
.18

100.00 i

100. 00

100. 00

100. 00

100. 00

100.00

.07
.04
2.18

Percentage
Country,
of total
banks. receipts.

It will be noted from the above table that the percentage of cash received was, in the city of New York 7.64+, in Chicago 5.48+, in St.
Louis 12.17+. In the other reserve cities 7.64+, in the country banks
15.09+, and the cash percentage of the total receipts 9.39+.
9647
3




34

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The following table shows the number of banks, total receipts and
percentage of such total of checks, etc.?receivecl by national banks in each
State and Territory, exclusive of reserve cities, on September 15? 1892:
States.

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
VVisconsin
Iowa
Minnesota
Kansas
Nebraska
Nevada
Oregon
Colorado
Utah
Idaho
Montana
"Wyoming
New Mexico
North Dakota
South Dakota
Washington
Arizona
California
Oklahoma Territory.
Indian Territory . . . .
Total .




No. of
banks.

50
43
213
58
81
250
94
288
18
38
1
33
22
21
13
28
18
28
13
11
188
9
58
47
48
191
101
165

142

PercentReceipts.

checks,
etc.

$1,708,985
1,162, 227
821, 225
7,063, 468
3, 063, 485
3, 698, 935
6,757,119
5, 214, 420
6, 685, 288
495,464
576, 752
54, 666
1, 342, 080
456, 027
436, 521
660, 649
758,226
473,809
500, 305
138,550
63, 678
3,562,658
203,251
1, 025, 622
1, 076, 511
404. 928
4, 986,188
3,199,958
4, 780,175
1, 758, 624
1,712,360 I
2,721,280 j
1,679,606
2,143, 404
1,770,246
17, 247
1,122, 545
3,377,856
472, 014
141, 476
1, 346. 841
167, 212
116, 098
329, 830
700, 984
1, 214,474
136, 699
1, 327, 247
50, 771
32, 942

88.75
87.41
89.09
88,95
92.04
92.30
88.01
84.98
85.87
87.41
86.03
54.75
90.04
85.85
79.87
92. 23
84.34
84.02
78.03
74.15
60.85
80.41
79.95
83.50
83.17
78.82
79.45
80.09
85.17 *
83.74
82. 92
78.95
90.94
85.51
80.48
61.55
62.44
92.11
76.27
50.52
84.47
79.02
67.32
85.32
83.17
72.50
95. 64
79.77
42.37
46.85

83,713, 926

84.91

KEPOET OF THE COMPTROLLER OF THE CURRENCY.

35

The following table compares the several cities with the total country
banks:
NUMBER OF BANKS, TOTAL RECEIPTS AND PERCENTAGE OF SUCH TOTAL, OF CHECKS,
ETC., RECEIVED IN NEW YORK AND 22 OF THE OTHER PRINCIPAL CITIES, SEPTEMBER 15, 1892.

Cities.

2*0. of
banks.

$130, 976, 963

New York.
Chicago
St. Louis
Boston
Albany
Philadephia . . .
Pittsburg
Baltimore
Washington...
New Orleans ..
Louisville
Cincinnati
Cleveland
Detroit
Milwaukee
Kansas City...
St. Joseph
Omaha
Brooklyn
St. Paul
Minneapolis...
San Francisco .
DesMoines
Total.
Total all cities
Banks elsewhere
Total United States

Receipts.

Percentage of
checks,
etc.
92.36

25, 078,114
2, 390, 070
27, 339, 245
1,175,496
23, 369, 882
4,102, 424
4, 836, 972
940,470
1,498,735
950, 421
6,137, 507
1, 835,908
1, 658,194
684, 552
4,168, 021
610, 775
3,490, 258
1,124, 720
2, 382, 940
2,195,787
* 510,393
333, 140

94. 52
87.83
93.11
95.33
93.92
90. 02
82.46
66. 65
87.16
91.86
94. 64
92.79
91.82
90.93
93.46
91.63
95.76
81.55
97.00
96.60
83.39
88.40

281

116, 514, 324

92.74

329
3,144
I 3,473

247, 491, 287
83, 713, 926

92.54
84.91

331, 205, 213

90.61

It will be noted that 74.72 per cent of the total receipts are reported
by the 329 city batiks, showing an increase of over 2 per cent by the
country banks and a corresponding loss by the city banks, as compared with 1890, thus indicating a greater percentage of growth by the
county banks.
In order to facilitate comparison the following table is given comparing the data obtained for September 15, 1892, with both July 1 and
September 17,1890, showing the proportions of gold coin, silver coin,
paper money, and checks and drafts, including clearing-house certificates, to the total receipts in ~New York City, in other reserve cities,
and in banks elsewhere, separately; and also the proportions for the
United States;




36

REPORT OF THE COMPTROLLER OF THE CURRENCY.
JULY .1, 1890.
Localities.

New York
Other reserve cities
Banks elsewhere

No. of
banks.

Gold
coin.

Receipts.

47 $165,923,382
283 163, 855, 766
3,034
92, 045, 578

United States

3,364

Silver
coin.

Paper Checks,
currency. drafts, etc.

Per cent. Per cent. Per cent. Per cent.
.08
.02
3.86
96.04
.54
.19
5.59
93.68
2.93
1.08
84.09
11.90

421, 824, 726

.89

.32

6.29

92.50

.05

.02

SEPTEMBER 17, 1890.
New York
Other reserve cities
Banks elsewhere

286
3,141

120,451,4*72
120, 658, 864
86,167, 915

.65
3.31

.31
1.17

4.29
6.77
12.61

95 64
92. 27
82.91

United States

3,474

327, 278, 251

1.13

.43

7.40

91.04

.07
.51
2.66

.04
.31
1.14

7.53
6.44
11.29

92.36
92.74
84.91

8.10

90.61

47

SEPTEMBER 15, 1892.
New York...:
Other reserve cities
Banks elsewhere ..

48
281
3,144

130, 976,963
116, 514,324
83, 713,926

United States

3,473

331, 205,213

In order to farther facilitate comparison, a series of tables lias been
prepared, the first of which shows the amounts received by banks located
in the city of New York on each of the five dates, June 30 and September
17,1881, July 1 and September 17, 1890, and September 15,1892, separately stating gold coin, silver coin, paper currency, and checks and drafts:
June 30,1881.

September 17,1881.

July 1,1890.

48 banks.

48 banks.

47 banks.

New York City.
Per ct.
.27
.01
1.02
98.70

$905,588
7,857
1, 071, 316
163, 208, 586

Per ct.
.54
.01
.65
98.80

$140, 574
32, 758
6, 396, 749
159, 353, 301

Per ct.
.08
.02
3.86
96.04

167,437, 759 100.00

Gold coin
Silver coin
Paper currency...
Checks, drafts, etc
Total

165,193,347

100. 00

165, 923, 382

100. 00

$460, 994
15, 997
1,706, 604
165,254,164

September 17,1890.

New York City.

September 15,1892.

47 banks.

48 banks.

Gold coin
Silver coin
Paper currency.,.
Checks, drafts, etc

$70,173
20,948
5,174,467
115,185,884

Per ct.
.05
.02
4.29
95.64

$87, 636
50,331
9, 863,806
120,975,190

Per ct.
.07
.04
7.53
92.36

Total

120,451,472

100.00

130,976,963

100.00

The changes indicate a marked increase in the amount of paper currency received, the extremes being represented by .65 per cent on September 17,1881, and 7.53 per cent on September 15,1892. The decrease
in gold coin is more marked than in the increase in silver.
The diminished proportion of receipts in checks and drafts is very
remarkable, the average per cent for the two days in 1881 being. 2.91



37

REPORT OP THE COMPTROLLER OF THE CURRENCY.

per cent greater than for the average of the two days in 1890; September 15, 1892, is 3.28 less than September 17, 1890.
Another fact which attracts attention is that the receipts of the fortyseven banks on July 1,1890, are very nearly the same in the aggregate
as those reported by forty-eight banks on September 17,1881, and slightly
less than for June 30, 1881. The receipts for September 17,1890, show
a very marked falling off in amount, but the percentages differ very
slightly from those shown on July 1,1890. The increase in paper currency (3.24) nearly equals the decrease in checks, as shown September
15, 1892. The receipts of the banks in all reserve cities, exclusive of
New York, similarly arranged, appear below:
All reserve cities * except New
York.

June 30,1881.

September 17,1881.

July 1,1890.

187 banks.

189 banks.

283 banks.

Checks, drafts* etc

$581,070
114,485
3, 631, 710
72, 773,450

Per. ct
.76
.15
4.71
94.38

$1,448,416
138, 248
4, 371, 045
71,964,538

Per. ct
1.86
.18
5.61
92.35

$888, 822
318, 978
9,161, 636
153,486,330

Per. ct.
.54
.19
5.59
93.68

Total

77,100,715

100.00

77,922,247

100. 00

163,855, 766

100.00

Gold coin
Silver coin
Paper currency

September 17,1890.
All reserve cities* except New York.

Gold coin
.
Silver coin
Paper currency ..
Checks, drafts, etc

Total

..

.

286 banks.

September 15,1892.
281 banks.

.

.

.

.

$780, 331
374, 221
8,171,800
111,332,512

Per. ct
.65
.31
6.77
92.27

$594, 635
365,105
7, 502,710
108, 051, 874

Per. ct.
.51
.31
6.44
92.74

120, 658,864

.

100. 00

116, 514, 324

100.00

* Boston, Albany, Brooklyn, Philadelphia, Pittsburg, Baltimore, Washington, ISTew Orleans, Louisville, Cincinnati Cleveland', Detroit, Milwaukee, Minneapolis, St. Paul, Kansas City, St. Joseph,Omaha,
and San Francisco. Des Moines included in 1892.

The table next introduced covers the transactions of banks located
outside of the reserve cities:
All banks located outside of reserve cities.

Gold coin
Silver coin
Paper currency
Checks, drafts, etc.
Total

June 30,1881.

September 17,1881.

July 1,1890.

1,731 banks.

1, 895 banks.

3,034 banks.

$822,041
310,516
I, 216,
32, 826, 552

Per ct.
2.04

40,175, 542

15.47
81.72
100. 00

$1, 724, 040
354,197
7,439. 210
12,600,738
52,118,185

Per. ct.
3.31
14.27
81.74
100. 00

$2, 697, 209
1, 000,913
10, 958, 979
77,388,478

Per. ct
2.93
1.08
11.90
84. 09

92, 045, 578

100.00

September 17,1890.

All banks located outside of reserve cities.

Gold coin
Silver coin
Paper currency...
Checks, drafts, etc
Total




September 15,1892.

3,141 banks.

3,144 banks.

$2,852, 267
1, 004, 822
10,864,196
71,446, 630

Per. ct
3.31
1.17
12. «tt
82.91

$2,224, 746
956, 618
9,449,105
71, 083, 457

Per. ct
2.66
1.14
11, 29
84.91

86,167,915

100.00

83,713, 926

100.00

38

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The next table exhibits the total receipts of all reporting banks on
five dates, similarly classified:
June 30, 1881.

September 17,1881.

July 1, 1890.

1,966 banks.

2,132 banks.

3,364 banks.

United States.

Gold coin
Silver coin
Paper currency.
Checks, drafts, etc

$1, 864,105
440, 998
11, 554, 747
270, 854,166

Per ct.
.65
.16
4.06
95.13

$4, 078, 044
500,302
12, 881, 571
277, 773, 862

Per ct.
1.38
.17
4.36
94.09

$3,
1,
26,
390,

726, 605
352, 647
517,364
228,110

Per ct.
.89
.32
6.29
92.50

Total

284, 714, 016

100.00

295,233, 779

100.00

421, 824, 726

100.00

September 1 7, 1890.

September 15,1892.

3,474 ban ks.

3,473 banks.

United States

772
991
463
025

Per ct.
1.13
.43
7.40
91.04

$2, 907, 017
1, 372, 054
26, 815, 621
300,110, 521

Per ct.
.88
.41
8.10
90.61

327, 278, 251

Gold coin
Silver coin . .
Paper currency..
Checks, drafts, etc

ioo. oo

331,205,213

100.00

$3,
1,
24.
297,

. .

Total

702,
399,
210,
965,

In order to exhibit the comparative importance of the transactions
taking place in four principal cities, a table is added showing the total
receipts by banks located in New York City, Boston, Philadelphia, and
Chicago, separately stated for the five days, to which is added like information in respect to the other reserve cities and all other banks.
RECEIPTS.
Banks in four principal cities June 30,1881. September
and elsewhere.
17. 1881.
New York
Boston
Philadelphia
Chicago

$167,437,759
33, 088, 080
18, 061,565
8,141,189

:

Total
Other reserve cities .
Total reserve cities
All other localities
United States

July 1,1890.

September
17, 1890.

September
15, 1892.

$165,193, 347 $165, 923, 382 $120,451, 472 $130, 976, 963
27, 339, 245
24, 094, 061 43,463, 559
26, 531, 841
23,369.882
17, 830, 648 38, 094, 099 23, 273, 886
25,078,114
13, 026, 835 24, 367, 551 22, 654, 923

226, 728, 593
17, 809, 881

220,144, 891 271, 848, 591 192, 912,122
22, 970, 703 57, 930, 557 48,198, 214

244, 538, 474
40,175, 542

243,115,594
52,118,185

329, 779,148 241,110, 336
92, 045, 578 86,167, 915

206,764,204
40, 727, 083
247, 491, 287
83, 713, 926

284,714,016

295, 233, 779

421, 824, 726 327, 278,251

331, 205, 213

PERCENTAGE OF TOTAL RECEIPTS BY ALL BANKS.
Banks in four principal cities and elsewhere.
New York
Boston
Philadelphia
Chicago
Average of four cities
Other reserve cities
Average of all reserve cities
All other banks

June 30,
1881.
58.81
11.62
6.34
2.86
19.91
6.26
5.37
14.11

September July 1,1890. September September
17,1890.
15,1892.
17,1881.
55.95
8.16
6.04
4.41
18.64
7.78
5.15
17.66

39.34
10.30
9.03
5.78
16.11
13.73
3.55
21.82

36.80
8.11
7.11
6.92
14.74
14.73
3.35
26. 33

39.55
8.23
7.07
7.57
15.60
12.30
3.35
25.28

The most conspicuous change to be noted in the above table is the
increase in the percentage of country banks from 14.11, June 30? 1881,
to 25.28 on September 15, 1892.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

39

The variation in the percentage of the different kinds of inoney7
checks, and drafts received, as shown in the statistics for September 15,
1892, do not essentially vary from those of 1890 and 1881. They fully confirm the general character of the banks' transactions. There has been
a noted decrease in the amount of national-bank notes received and
a corresponding increase in silver certificates and Treasury notes, caused
by the retirement of national-bank circulation and its supplanting by
.money issued directly by the Government. The percentage of checks and
drafts in New York in September, 1881, was 98.80$ in September, 1890,
95.64, and in September, 1892, it was 92.36, showing a decrease for each
of the three years reported, and a corresponding increase in the amount
of cash received by the banks over their counters, which brings the cash
receipts of the banks in the city of New York very near to the average
of the whole country. The average percentage for all other reserve
cities shows no material change.
IMPRUDENT METHODS.

The management of the national banks, as a whole, is entitled to the
highest commendation for efficiency and conservatism. Banks that
were disastrously affected, by continual crop failures, in certain sections of he country, are realizing the benefit of last year's bountiful
harvest, and when their patrons realize upon this year's crop it is confidently expected that their condition will be made satisfactory. The
maxim that disaster usually overtakes any business when too much
extended applies equally to banking, and syndicate banking illustrates
this rule. Where the same parties organize a series of banks it usually
transpires that they are not seeking investment for their own capital,
but seeking the capital of others to invest. Such banks afford unusual
facilities for " kiting," and it is with this class that much trouble is
experienced. The competition for bank accounts among banks in reserve cities is so intense that "promoters" find it easy to establish a
bank, open an account with their reserve-agent bank in some city, and
the president or cashier secures from such reserve-agent bank a loan
upon his stock as collateral. By opening several such accounts the
entire stock in some instances is used as collateral, and these "promoters v need but the 10 or 20 per cent margin required (in other words,
$5,000 or $10,000) in order to start a bank. The opening of such accounts and making of such loans are coincident in point of time, or so
nearly so that the creditor bank must know that they are furnishing
capital with which to float the new enterprise. This results in organizing many banks where they are not needed, and are too frequently
attended by loss to all parties connected with the enterprise.
Another practice that is made possible only by the assent of creditor
banks, is borrowing money on certificates of deposit. A country bank
wants to borrow money, issues its certificate of deposit, either time or
demand, in favor of the city correspondent, and sends the same forward, accompanied by bills receivable as collateral, andrequests the loan,
which is granted. As a result, the country bank adds to its liabilities
by increasing the amount due depositors, and adds to its assets by increasing the amount due from banks, and its published report of condition shows no bills payable. In other words, does not show the true
condition of the bank. It is perfectly legitimate and proper for a bank
to rediscount its receivables or borrow money, and all interior banks
do at certain seasons of the year, when crops are being moved, for instance. Whatever the form of instrument used in borrowing money,



40

REPORT OF THE COMPTROLLER OF THE CURRENCY.

it is a bill payable and should be so reported. Reserve banks can aid
the cause of good banking by requiring notes instead of certificates of
deposit. Happily this practice is rapidly diminishing.
DIRECTORS AND OFFICERS.

The statute provides that five or more persons may organize a national bank. When it is fully organized and all preliminary requirements have been complied with, the Comptroller issues his certificate*
of authorization to commence the business of banking. The management of the bank is vested in a board of direction, who act through their
executive officers, president and cashier. The common and statute law
define their powers and prescribe the range and limits within which
they may do business. Shareholders invest their money because of
their faith in the efficiency of the manngement, their ability to acquire
business, and successfully and profitably to manage it. Tt is a business
venture on the part of the shareholders, with which the Government
has no more to do and no more solicitude than it has with the purchase
of a farm or stock in a manufacturing enterprise. The shareholders
elect the board of direction, and through such board manage their
banks. Hence for them to claim protection, through .Government control, would be to claim protection against their own acts. But these
banks issue notes which circulate as money, and it being the duty of
the Government to provide and regulate a circulating medium for the
people, the Government examines and supervises these banks to see
that all laws in respect to circulation are fully complied with.
This is apparently all that was originally contemplated as to national
banks. But these banks furnish the instrumentality of exchange—the
means of collection and payment of debts. They become large depositaries of the people's money ($1,765,422,983.68 at date of last report), by
means of which their business is largely transacted. They are so intimately connected with business transactions and their soundness so
essential to business prosperity that governmental control has gone one
step further and seeks to protect the public against loss—to protect a
bank's creditors. To this end all shareholders in national banks are
liable to an assessment for the purpose of paying creditors, to an amount
equal to their stock holdings. Thus the entire capital stock, plus an
assessment for an equal amount, becomes a guaranty of the faithfulness of the direction. The function of the Government is to restrain,
to insure good banking, by enforcing the prohibitions against unsafe
practices, which the law provides. The affirmative action of the banks
in their competition for business is left to the enterprise of their
managers, prompted by the desires of shareholders for dividends.
Directors give direction and control to the business of a bank, accept
or reject credits, and should understand its general condition. The
detailed workings of the banks must be intrusted to the officers and
employe's. We can have nothing better than men. Men make our laws
and men enforce them. Men manage our banks. No matter how elaborate the system, how numerous the checks upon error or upon wrongdoing, or however perfect the machinery, the machinery must be set in
motion and the system be enforced by men. There is in every system
a point where good or ill results depend upon the character of the men
in charge. If an engineer wants to ditch his train he can do so. If the
president or cashier of a bank wants to rob it, he can. Well-devised
systems may make it difficult. Efficient supervision may make it dangerous. The law may punish and risk thus be reduced to a minimum,




REPORT OF THE COMPTROLLER OF THE CURRENCY.

41

but nothing can prevent a dishonest man in charge from mismanaging.
Hence the chief and most important duty of directors is to select officers of character as well as experience and ability. They can best protect themselves and best serve the public by so doing. Our worst bank
failures reveal criminal conduct on the part of the directors, or neglect
of duty approximating criminality. Serious as this defect is7 its correction by legislation involves a counter danger. Legislation aimed at
a few banks affects all.
In our large cities it is very difficult to get the most desirable men to
act as directors. Those most actively engaged in business are the best
judges of credit, can least afford to give attention to the duties of the
office, and would most readily decline to serve. Legislation increasing
the financial responsibility of directors for losses to creditors would
depreciate the character of boards of direction and render the task of
getting good, responsible men more difficult.
There is no reason why a director should not borrow money of his
bank upon the same terms and conditions that other patrons are accommodated. There is every reason why he should not take advantage
of his position to secure better rates or greater accommodations than
his bank equities entitle him to. Officers of a bank should not be
allowed to borrow money by overdrawing their accounts, by putting
tickets in the cash, by discounting their own notes, or by discounting
their business paper, or in any way except by application to the board
of directors; and a law regulating such loans would be a wise enactment.
EXCESSIVE LOANS.

Section 5200 United States Eevised Statutes 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.

As the volume of business has increased the magnitude of individual
transactions has proportionately increased, in fact the concentration
of capital under single management, by means of large corporations
and by combinations, has been phenomenal. The natural economies
attendant upon wholesale business, the lower rates of transportation
and facilities of distribution, which location at metropolitan and railroad centers insures, is fast driving the small manufacturers out of
business and concentrating business in metropolitan centers. All this
increases the magnitude of separate transactions. Hence if 10 per cent
of the capital stock was a proper limit to individual loans in 1864, the
percentage of limitation should now be increased in our larger cities.
There is another important reason for such an increase. In the u sixties ?? banks did business upon their capital, supplied the wants of their
customers, and earned their dividends with the money which shareholders supplied. . Now, capital is made just sufficient to command
public confidence. Usually a large surplus is accumulated, but the
business is done upon depositors' money. Every symmetrical and wellmanaged business has its flush season, when its bank account should
show a good balance and its want season, when it legitimately calls
upon its bank for funds. Thus the balances of certain industries supply the wants of others and large bank capital is not required. Sur


42

REPORT OF THE COMPTROLLER OF THE CURRENCY.

plus belongs to the shareholders, and, aside from statutory definition,
is as much eajrital as the money originally paid in by shareholders.
The section quoted should at least be amended so as to read, u onetenth of the capital and surplus." It should be noted that many banks,
upon advice of counsel, insist that " surplus?? is " capital" within the
meaning of said section.
In addition to including surplus with capital, as noted above, an exception to the one-tenth limit should be made in favor of temporary
loans, well secured with collateral, in our largest cities.
In my judgment, the limit to 10 x>er cent of capital and surplus is
none too small for rural and interior banks. The above section may be
amended as to the large cities, so as to conform to the necessities of
business and still be in strict accord with the requirements of conservative banking.
When so amended, there would be no more wholesome provision of
the banking law, for, while there are instances where banks with welldistributed assets have failed, caused by repeated crop failures or extreme monetary stringency, or some cause affecting the whole community, the common history of bank failures reveals as the superinducing cause the concentration of the bank's funds in a few hands or
in a few interests.
Experience has demonstrated that a strict compliance with the 10
per cent limit is impracticable in our large cities, for the reason that
it is contrary to the necessities of business. A bank with a million
capital could loan but $100,000 to any individual, company, corporation, or firm. Single business transactions involving a larger amount
are of frequent occurrence, and to divide one transaction between two
or more banks would prove troublesome and is not demanded by conservative banking. For instance, a draft may be made against one
consignment of grain for $200,000, and the consignee needs to borrow
$150,000 upon the bill of lading as security. The security can not be
divided; neither can the loan, in a practical sense.
Bank managers can not always gauge the business wants of the day,
and frequently find, late in the day, that they have more money than
their required reserve. Bather than carry it over night in their vaults
they make over night loans as best they can. This necessarily results
in loans in excess of the 10 per cent limit. A lower rate of interest is
usually realized on such loans than obtains earlier in the day, and the
loan is expected to be, and usually is, paid the next day.
The penalty for the violation of this law—the commencement of an
action by the Comptroller of the Currency, through the Attorney-General, to forfeit the bank's charter—is so severe as to render it nugatory.
It was doubtless made severe to prevent vexatious interference with
the affairs of the banks. It is difficult to fix a cast-iron rule, with inflexible penalties, without doing more harm than good. During the
quasi panic of 1890 many perfectly solvent firms were embarrassed for
want of money, and but for indulgences and aid upon the part of the
banks must have failed. They already had their full complement of
bank accommodation. The banks found upon investigation that they
were solvent, and, taking security, gave them additional accommodations, thus protecting themselves, saving these concerns from failure,
and relieving the public generally from loss and injury, which each
successive failure at such a time entails. Like other business, banking
has its emergencies, and when they arise discretion should be allowed
to act without incurring criminal liability.
Officers and directors are not apt to allow persons with whom they




REPORT OF THE COMPTROLLER OF THE CURRENCY.

43

are not financially interested to abuse the bank. Where loans to directors or officers are well secured there is no way of reaching such a case,
as the law now exists, and, so far as safety is concerned, perhaps no
need. In such case, if the loans are not well secured and the examiner
and Comptroller are not satisfied that they are good, the bank could
be required to charge them off and make an assessment upon their
shareholders to make good the impairment, if impairment existed, or
appoint a receiver, in case the capital was thus wiped out. The latter
course would involve a question of credit and values sometimes difficult to determine, and it frequently happens that the shareholders need
protection rather than punishment. The circumstances attcnding loans
made in excess of-the 10 per cent limit are so various and diverse that
they defy classification. It is difficult to frame a general rule that will
correct the evil resulting therefrom and not itself be productive of bad
results. Our country is so large and the contrast between city and
country—between the immense volume and varied transactions of the
one and the lesser volume and more uniform transactions of the other—
so great, that a uniform law that can wisely be applied to both must
of necessity possess wide latitude.
I think this whole difficulty, as well as others that arise, might be
substantially reached if the Comptroller, with the approval of the Secretary of the Treasury, were given power, after a hearing, to remove
bank officers and directors for violations of law, leaving the vacancy
to be filled in the regular way. It is a power that would be seldom
exercised. The existence of the power would deter many who now
keep the letter, only to violate the spirit of the law.
EXAMINERS.

There are in the employ of this Bureau forty-two examiners. The
position is responsible and honorable, and calls for the exercise of energy, tact, discretion, and firmness, as well as business experience and
technical knowledge of banking. In order that he may discharge his
duties with ease and confidence, familiarity with the mechanism of
banking is indispensable. Oar best examiners are those in the prime
of life, who work with energy and fidelity, hoping to demonstrate their
ability and worth, thereby securing for themselves a desirable and
permanent position in some good bank. This incentive and this ambition insures the best work. As a body they are competent, conscientious, painstaking, and fearless in. the discharge of their duties. They
enjoy the full confidence of the Comptroller, and constitute his main
reliance in all matters of discipline, and hence it is the purpose of this
office to insist upon the highest standard of efficiency.
A bank-examiner may own property and have interests that require
the usual banking facilities, and be entitled to such accommodation as
he would receive were he not an examiner. But unsecured, loans to an
examiner, which, but for his position, would likely be refused, are wrong
and destroy confidence in his work. No relation should exist that
would tend to restrain an examiner's freedom in making criticisms or
impair the force of his criticism when made. But criticism does not
necessarily mean pointing out wrongdoing. It means the comment
which an expert business man would naturally make upon the business
under review. An examiner's work is not espionage. The national
banks are the backbone of the financial system of the country, the
conservators of public credit, officered by men of the highest integrity,
who are striving to earn dividends for their shareholders by fostering



44

REPORT OF THE COMPTROLLER OF THE CURRENCY.

and building up the business of their clients as well as their banks.
The exceptions to such honorable conduct only prove the rule. Examiners should work with the banks, with a disposition to aid in every
proper way. They should get the confidence of bank officers by demonstrating their entire fitness for the work intrusted to them.
While this Bureau accepts any system of doing business which is
accurate and proves; still examiners, with their facilities for observation, should note the best methods and be able to render valuable aid
by suggesting improvements. While the subject of credits is to be
delicately treated, the knowledge an examiner acquires will enable him
to make valuable suggestions on this subject. The banks pay for the
examiner's services and are entitled to his good offices. The best service an examiner can render a bank, as well as this Bureau, is by doing
thorough and painstaking work. He should obtain possession of the
bank's assets and retain the same until his work is completed. In the
smaller banks the securities, loans, and discounts should be placed in
front of the examiner when he commences on the cash. In the larger
banks, where more than one day is required to complete the work, he
should obtain and keep possession of the assets by means of keys or
seals. He should know that no change is made in the assets, except
in the regular course of business. Nothing should be done on the installment plan. Instead of objecting to this, the better the bank the
more acceptable will it prove.
It is a satisfaction to a bank to have a competent examiner in absolute possession of their assets until the same are proven and he is
able to assure them that the items for which their books call are all
there. An inventory is the foundation of all examinations. All the
items of assets are aggregated under their appropriate' bookkeeping
heads to prove the asset side of the bank. This is but half the work.
Every item of liability should be inventoried and aggregated to prove
the liability side. Every individual and every bank balance should be
taken off and every liability account proved. An examination that
does not include this is imperfect. Experience shows that defalcations
are oftenest hidden in the liability side of the bank.
Examiners are given detailed instructions, which, if fully complied
with, would render their work very thorough and searching. The
efficiency of the force is constantly improving, and it is alike for the
interest of the banks and this Bureau to have it attain the highest
standard of excellence. This office will be pleased to have the cooperation of and receive suggestions from bank officers upon this subject.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

45

COMPARATIVE STATEMENTS OF THE NATIONAL BANKS.

The resources and liabilities of the national banks for fourteen years,
at nearly corresponding dates, from 1879 to 1892, inclusive, are exhibited in the following table, and the same information with respect to
preceding years will be found in the Appendix, page 129.
Oct. 2,

banks.

Oct. 1,
1880.

Oct. 1,
188.1.

Oct. 3,
1882,

Oct. 2,
1883.

Sept. 30, Oct. 1,
1884.
1885.

2,090
banks.

2,132
banks.

2,269
banks.

2,501
banks.

2,664
banks.

RESOURCES.

Millions. Millions. Millions,
;878. 5 $1, 041. 0 $1,173. 8
Loans
357.3
363.3
Bonds for circulation
357.8
71.2
56.5
Other United States bonds.
43.6
39.7
Stocks, bonds, etc
61.9
48.9
167.3
230.8
Due from banks
213. 5
47.8
Real estate
47.3
48.0
42.2
114.3
Specie
109.3
69.2
53.2
56.6
Legal-tender notes ...
16.7
17.7
National-bank notes .
18.2
Clearing-house exchanges
j 113. 0
189.2
121.1
United Stales certificates of deposit-.
26.8
6.7
7.7
Due from United States Treasurer..
17. 0
17.5
17.1
Other resources
22.1
26.2
23.0
Total

2,714
banks.

Millions, Millions. Millions.
51, 309. 2 $1, 245. 3 $1,306.1
327.4
351/4
307.7
30.4
30.7
31.8
71.4
71.1
77.5
194.2
208. 9
235.3
49.9
48.3
51.3
128.6
107.8
174.9
77.0
70.7
69.7
23.3
22.7
23.1
66.3
96.4
84.9
14.2
10.0
18.8
17.7
16.6
14.9
33.8
28.9
36.9
2, 372.7

2,279.5

2, 432. 9

463.8
483.1
509.7
128.1
132. 0
142.0
61.6
56.4
01.2
310. 5
320. 2
315. 0
, 083.1 1,134. 9 1,063.0
270.4,
294, 9
259. 9
14.9
11.9
13.7

524.3
147.0
63.2
289.8
993. 0
246.4
15.8

527.5
146.6
59.3
269.0
1,116. 7
299.7
14.1

2, 279.5

2, 432.9

1, 868. 8 2,105. 8 2,368.4

2, 399.8

LIABILITIES.

Capital stock
Surplus fund
Undivided profits
Circulation outstanding
Due to depositors
Due to banks
Other liabilities

454.1
114. 8
40.3
313.8
736. 9
201. 2
6.7
j 1,868.8

2,105.8

2, 358.4

2, 399. 8 2, 372.7

Oct. 7,
1886.

Oct. 5,
1887.

Oct. 4,

Sept. 30,
1889.

Oct. 2,
1890.

Sept. 25, Sept. 30,
1891.
1892.

2,852
banks.

Total

457.6
120.5
46.1
317. 3
887. 9
267.9
8.5

3,049
banks.

3,120
banks.

3,290
banks.

3,540
banks.

3,677
banks.

3,773
banks.

RESOURCES.

Millions. Millions, Millions Millions.\ Millions Millio7is. Millions.
Loans
|$1, 451.0 $1, 587.5 $1, 628.1 $1, 817. 3
16.1 $2, 005.5 $2,171.0
Bonds for circulation
189.1
258.5
140. 0
177.6
146.5
150.0
163.3
Other United States bonds
34.7
!
32.4
30.7
63.6
48.5
24.9
20.2
Stocks, bonds, etc
88.8
81.8
115. 5
96.3
109.3
125.2
154.5
Due from banks
256. 3
241.4
336.2
282. 5
335. 4
409.5
338.7
Real estate
58.0
54.1
76.8
61.1
87.9
69.4
83.3
Specie
165.1
1.56. 4
195.9
181.3
209.1
164. 3
183. 5
73.7
Legal-tender notes
80.6
62.8
82.0
97.6
104.3
86.8
21.9
18.5
!National-bank notes
21.3
19.6
22.7
20.9
20.0
88.8
106.8
Clearing-house exchanges
74.2
95. 5
136.8
105.5
122.0
6.2
6.2
12.3
United States certificates of deposit.
5.9
14.0
12.9
15.7
9.3
6.9
9.0
Due from United States Treasurer ..
14.0
8.2
7.4
8.0
40.8
41.3
42.1
Other resources
37.4
43.0
42.8
38.7
2,513.9

Total.

3,213.1

3, 510.1

588.4
612. 6
650.4
677.4
183.1
227.6
197.4
213. 6
70.3
84.9
103. 3
97.0
155. 4
131.3
128.5
123.0
, 350.7 1,522.0 1, 594. 2 1, 608. 6
358.1
425. 3
426.4
430. 6
25.4
27.6
34.3
36.9

238.9
101.6
143.4
1,779. 3
530.7
29.6

2, 620. 2 2, 731.4

2,998. 3

LIABILITIES.

Capital stock
Surplus fund
Undivided profits
Circulation
Due to depositors
p

Due to banks
Other liabilities .
Total.




*

!
j
|
j

548.5
578.5
157. 3
173.9
66.5
71.5
228.8
167.3
1,189.5 1, 274. 7
308. 6
329. 6
14.9
24.7

2, 513.9 2, 620. 2 2,731.4 I 2,998.3

3,141. 5 3, 213.1

3, 510.1

46

REPORT OF THE COMPTROLLER OF THE CURRENCY.

It is noticeable that the resources of the system were increased nearly
$300,000,000 during the past year notwithstanding the fact that seventy
banks went into voluntary liquidation or became insolvent, such increase being strongly in contrast with that of any previous year
covered by the statement. Proportional increase is common to nearly
all the items, the principal decrease occurring in clearing-house exchanges.
The following table presents an abstract of the resources and liabilities of the national banks at the close of business on September 30,
1892, 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 :m
Central reserve cities.
New York
City.
48 b a n k s .

New York,
Chicago,
and St.
Louis.

Other
reseive
cities.*

Country
banks.

Aggregate.

80 banks. 263 banks. 3,430 banks. 3,773 banks.

RESOURCES.

Loans and discounts
,135,769,806 $2, 153,498,829
$344,199,941 $480,990,338 $536, 738, 685 $1,
Overdrafts
15, 392, 679 37,542,259
313,077
453, 628 1,695,951
Bonds for circulation
132, 224, 800 163, 275, 300
6, 709, 000
8,459, 000 22, 591, 500
9,387,000
Bonds for deposits
15, 282, 000
1,650. 000 4,245,000
1,100,000
2,425,200
United States bonds on hand
893,050
4, 882,250
1. 564,000
859,800
87,123, 822 154,535,514
Stocks, securities, claims, etc
30, 224, 671 37,501,947 29,909, 696
163,509,922 236,434, 331
72,924,409
Due from reserve agents
49, 220, 681 140,516,353
Due froni other national banks
30 597, 527 50,143, 545 41,152,128
15, 284,483
Due from othei hanks and hankers.. 4,136, 249 9, 216, 283 8,071,969
32, 572,736
Banking house, furniture, and fixtures ..".
42,113,127
71,900, 287
11,404, 859 13,148, 606 16, 638, 553
Other real estate and mortgnges
owned
11, 044, 282 15,961, 625
1,118, 665
1,781,988 3,135, 356
6, 869,465
Current expenses
10,317,125
885, 288
1,152, 313 2, 295, 347
Premiums
10, 337,182
14,029,616
650. 671
892, 480 2,799,954
3, 286, 310j
Checks and cash items
10,940. 077
17,705,961
3, 291, 473
3, 479, 574
Exchanges for clearing house
3, 050,177 105, 522,712
61, 541. 924 70, 406, 235 32, 066,299
Bills of other national hanks
14, 045, 833 19, 557,474
1,112,890
2, 268,921 3, 242, 720
Fractional currency, nickels, and
cents
198,469
637, 600
934, 648
52, 6231
98, 579
Specie
66, 575, 758 209,116,379
62,568,071 89,475,450 53, 065,171
Legal-tender notes
38, 525, 290 104,267,945
32,646, 245 40, 837,988 24,904, 667
United States certificates of deposit. 7,915,000! 9,405,000 4,195,000
395, 000
13,995,000
Five per cent redemption fund
5, 763, 535
7,139, 565
287. 585|
366, 335 1,009, 695
Due from United States Treasurer..
332,261
465, 735
1,106,988
245; 292'
308, 992
Total

| 601,860, 85l| 823,601,202 865,392,190 1,821,101,504 3,510, 094,897
LIABILITIES.

Capital stock
Surplus fund
Undivided profits
National-hank notes outstanding...
State hank notes outstanding
Dividends unpaid
Individual deposits
United States deposits
Deposits of United States disbursing officers
Dne to national banks
Due to other banks and bankers ...
Notes and bills rediscounted
Bills payable
Total.

49,650,000 83,250,000 162, 092, 760
40, 547, 592 52, 270,493 56,922,318
16, 618, 639 21,138, 935 19, 972, 780
5, 761, 500
6, 962, 555 19,806, 090
6,641
24, 328
24, 328
1, 494, 519
522,979
244,073
276,804,088 374,412,735 426,743,677
2, 664, 696
1,199, 602
682,732
261, 563
241, 542
1, 288,572
149,900, 326 191, 895, 888 112, 566,785
61, 386, 031 91,378,474 58,912, 835
1,537,602
283,650
1,382,915

441,230, 255
686, 573,015
238, 871,425
129, 678, 614
103, 632, 501
62, 520, 786
143.423,298
116, 654, 653
75,076
44,108
1, 871, 368
964,266,571 1, 765,422,984
5, 963, 846
9, 828,144
2,494, 598
47. 583, 512
28,315,709
15, 311,235
5,166,249

4,044, 734
352, 046,184
178, 607,018
17,132, 488
6,549,164

601, 860,851 823,601, 202 865, 392,190 1, 821,101, 504 3, 510, 094, 897

* 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. Joseph, Omaha, and San Francisco.



47

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The following statement has been presented for several years, intended to show in a condensed form the principal changes in items of
resources and liabilities of the national banks, comparison being made
between the conditions existing January 1,1866, and at the date of the
last call for reports from national banks preceding the compilation of
the Comptroller's annual report:
HIGHEST AND LOWEST POINTS REACHED IN THE PRINCIPAL ITEMS OF RESOURCES
AND LIABILITIES SINCE THE ESTABLISHMENT OF THE SYSTEM.

J a n u a r y 1,
1866.
Capital
Capital, surplus and undivided profits
Circulation
Total investments in
TJnited States bonds . .
Individual deposits
Loans and discounts
Cash:
National-bank notes
Legal-tender notes..
Specie

September
30,1892.

Highest point reached.

Lowest point reached.

Amount.

Amount.

Date.

Date.

$403,357, 346 $686,573, 015 $686, 573, 015 Sept.30,1892 $403, 357, 346 Jan.

1,1866

L, 027, 097,194 . . . . d o
475, 330,204
475, 330, 2041, , 027, 097,1941,
Do.
213, 239, 530 143,423, 298 341, 320, 256 Dec. 26,1873 122,928, 084 Oct. 2,1890
440, 380, 350 183,439, 550 712, 437, 900 Apr. 4,1879 170,653, 050
Do.
Sept.30,1892 501, 407, 586 Oct. 8,1870
520, 212, 1741 765,422, 983 1, 765,422, 983
1,
do
500, 650,109 Jan. 1,1866
500, 650, 109 2,153,498,829|2,153, 498, 829
20,406, 442
187, 846, 548
16, 909, 363

19,557,474
104, 267,945
209,116, 379

28, 809, 699
Dec. 31,1883
205, 793, 579
Oct. 1,1886
209,116, 379Sept.30,1892

11, 841,104 Oct. 7,1867
52,156,439 Mar. 11,1881
8,050, 330 Oct. 1,1875

The capital, surplus, undivided profits, and deposits amounted to
$995,542,378 on January 1, 1866, and on September 30, 1892, were
$2,792,520,177. The loans and discounts have more than quadrupled,
the number of active banks having increased from 1,582 to 3,773. The
holdings of bonds have decreased from $712,437,900, the maximum, to
$183,439,550, the latter amount representing an increase of $8,532,000
over the preceding year, resulting from accessions of new banks.
The specie held by the banks reached the highest point September
30,1892, and amounted to $209,116,379.
The following statement shows by comparison the percentages of
loans and discounts, United States bonds, and specie to the aggregate
fund of the banks, composed of capital, surplus, undivided profits, circulation, and deposits.
The percentage of circulation to capital, surplus, and undivided
profits has decreased from about 45 per cent in 1866 to 14 per cent in
1892.
1866,

Loans and discounts
United States bonds
Specie
Total




1887.

1888.

1889.

1890.

1891.

1892.

Per cent. Per cent. Per cent. Per cent. Per cent. Per cent. Per cent.
41.32
70. 52
71.04
72. 26
74.37
72.92
73.35
36.36
9.98
9.87
7.80
6.44
6.41
6.25
1.57
7.37
11.90
6.58
7.40
6.73
7.12
79.25

87.87

92.81

86.64

88.21

80.06

86.72

48

REPORT OF THE COMPTROLLER OF THE CURRENCY.

EXTENSION OF THE CORPORATE EXISTENCE OF NATIONAL BANKS.

Under the provisions of the act of July 12, 1882, eighty-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.

No. of
banks.
6
2
2
5
73
11
5
8
79
45
46
1
9
22
5
54
29
204
28
17
16

Alabama
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Georgia
Illinois
Indiana
Iowa
Idaho
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Missouri

Capital.

States and Territories.

$885, 000
350, 000
2, 000, 000
960, 000
22, 450, 820
1, 503,185
1, 277, 000
1, 750, 000
9, 693, 000
5, 579, 000
4,120,000
100, 000
825, 000
6, 411, 500
2, 300, 000
9, 630, 000
12, 069, 000
87, 262, 500
2, 390, 000
5, 265, 000
3, 775, 000

Montana
Nebraska
New Hampshire
New Jersey
New York
North Carolina..
South Carolina..
Ohio
Oregon
Pennsylvania . . .
Rhode Island
Tennessee
Texas
Utah
Vermont
Virginia
West Virginia . .
Wisconsin

$500, 000
1, 400, 000
4, 905, 000
10, 783, 350
72, 772, 460
850, 000
1, 460, 000
17,169, 000
250, 000
45, 954, 390
19, 959, 800
2, 260, 000
675, 000
500, 000
5, 856, 000
2,391,000
1, 491, 000
1, 985, 000

Total

370, 308, 005

The following table shows how many associations will reach the expiration of their corporate existence during a period of. ten years, from
1893 to 1902, inclusive, their capital and circulation:
Year.

Number of
banks.

1893
1894
1895
1896
1897
1898

38
57
76
22
25
24

Circulation.

Capital.

$4,701, 000
6,768, 000
11,259, 000
2,123,800
3, 534,000
2,479,000

$1,982, 925
2, 585, 470
4, 431, 610
975, 400
1,198,295
1,153, 350

Number of
banks.

1899
1900
190]
1902
Total

Capital.

Circulation.

34
47
104
206

Year.

$4, 595, 000
7, 307,100
13,503,350
37,187, 300

$2,106,450
2, 040, 830
3, 485,000
7, 292,110

633

107,408,300

30, 822,415

The number, capital, and circulation of the national banks of which
the corporate existence expired between October 31, 1891, and October
31,1892, are shown in the following table, and the number of extended
banks is also stated. The corporate existence of eleven associations expired by limitation.
Date.

No. of
banks
expired.

Capital.

Circulation.

No. of
banks
jxtended.

Capital.

Circulation.

1891.
$603,900
410,000

$240,070
100,250

1,152,000
.400,000
1,670, 600
2,155, 000
1,585, 003
1, 010, 000
1,160, 000
710,000
1, 427, 000
1,251, 500

November.
December. -

562,450
189, 000
591, 575
273, 825
245, 250
311,850
343, 780
205,560
288, 000
180, 000

$500,000
260,000

$148,000
67,500

1892.
January...
February..
March
April
May
June
July
August
September .
October
Total.




98

13,535,000

3, 531, 610

1,152,000
400,000
1,435,000
2,085,000
1,585, 000
1,010, 000
930,000
710, 000
1,227, 000
1,151, 500
87

562,450
189,000
543,625
258, 775
245. -""0
311,boO
244,350
205, 560
243,000
157,500

12,445, 500

3,176, 860

REPORT OF THE COMPTROLLER OF THE CURRENCY.

49

The corporate existence of thirty-eight national banks, with an aggregate capital of $4,651,000, bonds $1,645,250, and circulation, $1,480,725,
will expire during the year 1893, as shown in the following table:
NATIONAL BANKS OF WHICH THE CORPORATE EXISTENCE WILL EXPIRE DURING
THE YEAR 1893, 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.
Expira-

Title and location of bank.

2075
2109
2093
2081
2103
2095
2086
2087
2099
2091
2088
2089
2098
2102
2100
2104
2112
2097
2111
2108
2106
2113
2110
2125
2117
2116
2114
2120
2119
2118
2122
2124
2127
2126
2128
2129
2130
2132

City National Bank, Griffin, Ga
National Bank of Barre, Yt
City National Bank, Paducah, Ky
Lumberman's National Bank, Muskegon, Mich
Central National Bank, Boston, Mass.'.
First National Bank, Centerville, Mich.
Hibernia National Bank, New Orleans, La
Winnsboro National Bank, Winnsboro, S. C
First National Bank, Denison, Tex
Phoenix National Bank, Medina, Ohio
Union National Bank, Rochester, Minn
Veazie National Bank, Bangor, Me
Lagonda National Bank, Springfield, Ohio
Noble Co. National Bank, Caldwell, Ohio
Edgar Co. National Bank, Paris, 111
First National Bank, Santa Barbara, Cal
First Ward National Bank, Boston, Mass
Lime Rock National Bank, Rockland, Me
Manufacturers' National Bank, Boston, Mass
Union Market National Bank, Watertown, Mass...
First National Bank, Missoula, Mont
First National Bank, Ashburnham. Mass
Wyoming National Bank, Laramie, Wyo
First National Bank, Chippewa Falls, Wis
Home National Bank, Ellenville, JNr. Y
Griggsyille National Bank, Griggsville, 111
First IS ational Bank, Fayetteville, Tenn
First National Bank, Chelsea, Vt
,
First National Bank of Marshall County, Plymouth,
Ind.
First National Bank, Austin, Tex
Farmers' National Bank, Owatonna, Minn
Decatur National Bank, Deeatur, 111
State National Bank, Memphis, Tenn
First National Bank, Lincoln, 111
First National Bank, Shelby ville, 111
First National Bank, Central City, Colo
First National Bank, Red Oak, Iowa
Kellogg National Bank, Green Bay, Wis

tion of
corporate
existence.
1893.
Jan. 2
Jan. 11
Jan. 14
Jan. 16
Jan. 21
Jan. 22
Jan. 29
Jan. 31
Jan. 31
Feb. 10
Feb. 12
Feb. 18
Mar. 15
Mar.
Mar,
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
Apr. 30
May 1
May 6
June 2
June 9
June 10
June 19
June
June
July
July
July
Sept.
Sept.
Sept.
Dec.

25
30
16
26
29
1
15
24
23

Capital

stock.

$56, 000
100,000
200, 000
100, 000
500, 000
50, 000
300,000
75, 000
150, 000
75, 000
50,000
100,000
100,000
60,000
100, 000
100, 000
200, 000
105, 000
500,000
100, 000
150, 000
50, 000

ioo,ooo
100,000
100, 000
50, 000
60,000
50, 000
50,000
160, 000
75,000
100,000
250, 000
100,000
75, 000
50,000
50,000
60,000

United
States
bonds.

Circulation.

$14, 000
60, 000
200,000
25, 000
50, 000
12, 500
150,000
19,000
50, 000
19,000
12, 500
25, 000
93, 000
60,000
25,000
25,000
50, 000
40, 000
190, 000
25,000
37, 500
50, 000
25,000
25,000
25, 000
12, 500
15,000
12, 500
12, 500

$12, 600
5,400
180, 000
22, 500
45, 000
11,250
125,000
17,100
45, 000
17,100
11, 250
22, 500
83,700
54,000
22, 500
22,500
45, 000
36, 000
171, 000
22, 500
33,750
45, 000
22, 500
22,500
22,500
11,250
13,500
11,250
11,250

50, 000
19, 000
25, 000
50,000
75, 000
18,750
12,500
20,000
15,000

45,000
17,100
22, 500
45, 000
67, 500
16, 875
11, 250
18, 000
13,500

4, 651,000 1, 645, 250 1,480,725

CIRCULATING NOTES.

The actual circulation outstanding on September 30, 1892,. for which
the banks were responsible was $147,191,593, this amount being exclusive of $25,595,167 also in circulation but represented by lawful money
deposited by the banks for redemption of notes whenever presented to
the Treasurer of the United States.
The minimum deposit of bonds required of the 3,773 national banks
in operation September 30, 1892, was $107,064,207, upon which only
$96,357,787 of nationa -bank circulation could be issued. These banks
held on September 30, ^163,275,300 of bonds, and were actually responsible for $50,589,983 of circulation more than the minimum. It is not
imperative upon banks to take circulation, and a few do not avail themselves .of the privilege.
Of the 3,773 banks 2,737 have a capital not exceeding $150,000 nor
less than $50,000, which is the lowest amount any bank in the system
may have,
 the aggregate capital amounting to $221,057,830. The re9647
4


50

REPORT OF THE COMPTROLLER OF THE CURRENCY.

maining 1,036 have a. capital of over $150,000 each, the aggregate
amounting to $465,515,185. If an amount of bonds equal to the total
capital were deposited to secure circulation the whole body of banks
might havfc a circulation amounting to $617,915,714, or $521,557,927
more than the present minimum. A table in the Appendix, page 148,
shows by States and geographical divisions this information in detail.
In preceding reports a table was presented showing what advantage
was taken by newly organized banks of the provisions of section 8 of
the act of July 12, 1882, fixing a minimum requirement with respect to
the amount of bonds to be deposited. The percentage of excess is now
so small that a perpetuation of the table does not seem necessary.
During the year ended June 30, 1892, 177 banks were organized and
commenced business; 106 having a capital of $50,000 each, aggregating $5,300,000; 55 with a capital of over $50,000 and not exceeding
$150,000, aggregating $5,430,000; and 16 with an aggregate capital of
$5,150,000. Only 4 of the 161 banks with a capital of $150,000 or under
deposited bonds in excess of the requirement. The 16 banks with a
capital of over $150,000 each, deposited the exact amount of bonds required.
The following table shows by comparison for nine years the amounts
of lawful money deposited and the consequent decrease or increase of
circulation:
DECREASE OR INCREASE OF NATIONAL-BANK CIRCULATION DURING EACH OF THE
YEARS ENDED OCTOBER 31, FROM 1884 TO 1892, 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-fcank 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

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 money 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

REPORT OF THE COMPTROLLER OF THE CURRENCY.

51

Net outstanding as ahove, 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

11,795,101

Net outstanding as above October 31, 1891
136,753,837
National-bank notes outstanding October 31, 1892, including notes of national gold banks
172, 432,146
Less lawful money on deposit at same date, including
deposits of national gold banks
25,191, 083
147,241,063
Net increase of circulation

10,487,226

The gross increase of circulation, including the notes of gold banks
and those of failed and liquidating associations, was $247,588.
BANKS WITHOUT CIRCULATION.

A few national banks have never issued circulating notes. Some
others have deposited lawful money and surrendered their circulation.
A list of these banks with capital and bonds is as follows:
Title of bank.
Chemical National Bank, New York, N. T . . . .
Mechanics' National Bank, New STork, 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
Mrst National Bank, Butte, Mont
First National Bank, Houston, Tex
Citizens' National Bank, Englewood, N. J
National Bank of Cockeysville, Md



Capital.
$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

Bonds.
$50,000
50,000
50,000
50,000
50,000
50,000
12, 500
25, 000
25, 000
12, 500
12,500

52

REPORT OF THE COMPTROLLER OF THE CURRENCY.
SECURITY FOR CIRCULATING NOTES.

The security for circulating notes of national banks is limited 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 1892,
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.
Tears

6 per cent
bonds.

5 per cent
oonds.

4£ per cent
bonds.

$170,382, 500'
$65,576, 600
241,083, 500
86,226, 850
251,430, 400
89,177,100
250, 726, 950
90, 768, 950
255,190, 350
87,661, 250
247, 335, 350
94,923, 200
220, 497, 750
139, 387, 800
173,251,450
207,189, 250
160,923, 500
229, 487, 050
154, 370, 700
236, 800, 500
136, 955,100
239,359, 400
109, 313,450
232,081,300
87, 690,300
206, 651,050 $44, 372, 250
82,421, 200
199,514, 550
4-S, 4-1.X. G50
56, 042, 800
144,616, 300
35,056, 550
58, 056,150
139, 758, 650
37, 760, 950
61,901,800
172,348, 350
32,600, 500
C o n t i n u e d a t Continued a t
dh p e r c e n t .
3£ p e r cent.
25,142, 600
202,487,650
32, 752, 650
1882..
7,402,800)
3 p e r c e n t s : > 39,408, 500
385,7OoJ
1883..
200, 877,850)
172,412, 550
46, 546,400
1884
Pacifies:
142,240, 850
3, 520, 000
48, 483,050
1885..
107, 782,100
3, 565, 000
50, 484, 200
1886 . .
5, 205,950
3,175,000
67, 743,100
1887 . .
37,500
3,181, 000
69, 670, 300
1888..
4,324, 000
42,409, 900
1889..
4, 913, 000
39, 486, 750
1890 . .
7, 957,000
22, 565, 950
1891..
Continued at
2 p e r cent.
21, 825,350
11, 600,000
1892..
1865..
1866..
1867..
1868 . .
1869 . .
1870..
1871..
1872..
1873..
1874..
1875..
1876..
1877 . .
1878..
1879..
1880..
1881..




4 per cent
bond 8.

$19.162, 000
118, 538, 950
126, 076,300
93,637,700

Total.

United
States
bonds held
for other
purposes at
nearest
date.

Grand
total.

$235,959,100 $155, 785, 750 $391, 744, 850
327, 310, 350 121,152, 950 448,463,1500
340,607, 500
84, 002, 650 424,610,150
341, 495, 900
80, 922,500 422,418, 400
342,851,600
55,102,000 397, 953, G O
O
342, 278, 550
43, 980, 600 386, 259.150
359,885, 550
39,450, 800 399, 336, 350
380,440, 700
31,868,200 412,308,900
390, 410, 550
25, 724,400 416,134,150
391,171, 200
25,347,100 416, 518, 300
376, 314, 500
26, 900, 200 403, 214, 700
341, 394, 750
45,170, 300 386. 565, 050
338, 713, 600
47,315, 050 386,028, 650
349, 546,400
68,850,900 418, 397, 300
354,254, 600
76,603, 520 430,858.120
361,652, 050
42,831, 300 404,483, 350
360,488,400
63, 849, 950 424,338, 350

97,429, 800

357,812, 700

43,122, 550

400, 935, 250

104,954, 650

353,029,500

34,094,150

387,123, 650

111, 690,900

330, 649, 850

31, 203, 000

161, 852, 850

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

129,764,700

163,190,050

20,301,600

183,491,650

REPORT OF THE COMPTROLLER OF THE CURRENCY.

53

The folio wing table gives similar information for the years ended
October 31, from 1882 to 1892, 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:
United States bonds held as security for circulation.
Year.

Number of
banks. 4 | per cent 4 per cent
cei
bonds.
bonds.

cent

Pacific 6
per cent
bonds.

Total.

United
States

bonds held
for other
purposes
at neaiest
date.

Grand
total.

;$40,621, 950;$3,526,000 $362, 505,650 $37,563,750 $400,069,400
'179, 675, 550
*602,000?
674,050 383,551,350
352,877,300
•201, 327, 7005 3,463,
419, 600 355, 735, 900
116,705,450 155, 604,400 3,469,
325, 316,300
780,100 340,144,050
116, 391, 650 138,920, 650 3,505,
308, 364,550
431,400 277,875,450
115, 383,150 69, 038, 050 3, 586,
245,444,050
671, 350 223,499, 350
115,731,400
188,828,000
14.4,500 3, 256,
3, 468,
100,413, 600
170, 003, 350 715,050 230,718,400
4,553,
501,200 194,169,350
100, 049, 000
145, 668,150
6,672,
684,000 170,874,900
105,402, 200
140,190,900

1882.

2, 301 $33,754,650 $104,927,500

1883
1884
1885
1886
1887
1888
1889
1890

2,522 41, 319,700 106,164,850 ^

1891

3,694 I at 2 p. ct. >120, 858, 850

1892

2, 67l|
2, 727 j
2, 868
3,061
3,151
3, 310
3,567

49, 537,450
49,547,250
57,436, 850
69, 696,100
66,121, 750
41, 066,150
28,110, 700
[
199,400

I Continued

21,648,100
3,788 21,897,850 131,133,150

10,244,000 152,950,350 24,871,950 177,822,500
11,852,000 164,883, 000 20,164,250 185,047,250

* Three and one-half per cent.

A table will be found in the Appendix, page 130, showing on the first
day of each month, from January 1, 1871, to November 1,1892, 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.




54

EEPORT OF THE COMPTROLLER OF THE CURRENCY.
INTEREST-BEARING FUNDED DEBT OF THE UNITED STATES.

The public debt reached the maximum August 31, 1865, and
amounted to $2,844,649,626. The noninterest-bearing obligations
amounted to $461,616,311, the interest-bearing debt being $2,383,033,3^ 5.
On October 31,1892, the interest-bearing debt amounted to $649,655,532.
The classes of bonds available as security for the circulating notes
of national banks are shown 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.

5 per cent.

4£ per cent.*] 4 per cent.t 6 per cent 4

Total.

$199,792,100
$908, 518,091
$1,258, 000 $1,109, 568,191
198, 528, 435
1,008,388,469
6, 042, 000 1,212,958,904
198,533,435
1,421,110,719
14, 762, 000 1, 634, 406,154
221,588,400
1,841,521, 800
29, 089, 000 2,092,199, 200
221, 589,300
1,886,341,300
58, 638, 320 2,166,568, 920
221,589, 300
1,764,932,300
64, 457, 320 2,050, 978,920
274,236, 450
1,613,897,300
64, 618,832 1,952,752,582
414,567, 300
1,374, 883, 800
64,623, 512 1, 845, 074, 612
414,567, 300
1,281, 238, 650
64,623, 512 1,760,429,462
510, 628, 050
1,213,624, 700
64, 623,512 1, 788, 876, 262
607,132, 750
1,100, 865,550
64, 623, 512 1, 772, 621,812
711,685, 800
984,999, 650
64, 623,512 1,761,308,962
703,266, 650 $140, 000, 000
64,623, 512 1,761,512,012
854,621,850
703,266, 650 240, 000, 000 $98, 850,000 64,623,512 1,846, 359,162
738,619, 000
646,905,500 250,000, 000 679,878,110 64, 623,512 1,952, 339, 622
310,932,500
484,864, 900 250,000,000 739,347, 800 64,623, 512 1,774,616, 612
235, 780,400
439,841, 350 250,000,000 739,347, 800 64, 623,512 1, 680,191,262
196,378,600
Continued at Continued at
3£ per cent.
3i per cent.
401, 593,900 250, 000, 000 739,349,350 64,623,512 1,514,433,912
June 30, 1882...
58,957,150
32,082,600
Funded into
3 per cents., 250, 000,000 737,942,200 64,623,512 1,388,852,602
June 30,1883.
act Julv 12,
1882.
304,204, 350
224,612,150 250,000,000 737, 661, 700 64,623,512 1,276,987,362
June 30, 1884.
194,190, 500 250, 000, 000 737,719,850 64, 623,512 1, 246, 533, 862
June 30, 1885.
144,046, 600 250,000, 000 737,759,700 64,623,512 1,196,429, 812
June 30, 1886.
19, 716,500 250,000, 000 737,800,600 64, 623, 512 1, 072,140, 612
June 30, 1887.
222, 207,050 714,177,400 64, 623,512 1,001, 007,962
June 30, 1888..
139,639,000 676, 095, 350 64, 623,512
880,357,862
June 30, 1889..
109, 015, 750 602,193, 500 64, 623, 512 775,832, 762
June 30, 1890..
50, 869,200 559, 566,000 64, 623,512
675,058, 712
June 30, 1891.
Continued at
2 per cent.
25,364, 500 559, 581,250 64, 623, 512 649,569,262
June 30,1892.
25,364,500 559, 589, 200 64,623,512
649,577,212
Oct. 31, 1892.

Aug. 31,1865.
June 30,1866.
June 30, 1867.
June 30, 1868.
June 30, 1869.
June 30, 1870.
June 30, 1871.
June 30, 1872.
June 30, 1873.
June 30, 1874.
June 30, 1875.
June 30, 1876.
June 30, 1877.
June 30, 1878.
June 30, 1879.
June 30, 1880.
June 30,1881.

* 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.
to the

the table.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

55

MARKET PRICES OF UNITED STATES BONDS.

The following statement prepared by the Actuary of the Treasury
exhibits the market prices of United States bonds during the year covered by this report. The 2 per cents have steadily remained at par,
with slight fractional increase during the month of October. The
fluctuations in 4 per cents were not marked, the price with few exceptions having gradually declined about 2 per cent.
OPENING, HIGHEST, AND LOWEST PRICES OF UNITED STATES REGISTERED 2 PER
CENT AND 4 PER CENT BONDS, IN NEW YORK, FOR EACH WEEK FROM NOVEMBER 6, 1891, TO OCTOBER 28, 1892.
2 per cent.

4 per cent.

Week ended—
Opening.
November 6,1891 ..
November 13,1891 .
November 20,1893 .
November 27,1891 .
December 4,1891...
December 11,1891..
December 18,1891..
December 25,1891..
January 1,1892
January 8,1892
January 15,1892
January 22,1892
January 29,1892
February 5,1892 . . .
February 12,1892 ..
February 19,1892 ..
February 26,1892 ..
March 4,1892
March 11,1892
March 18,1892
March 25,1892
April 1,1892
April 8,1892
April 15,1892
April 22,1892
April 29,1892
May 6,1892
May 13,1892
May 20,1892
May 27,1892
June 3,1892
June 10,1892
June 17, 3892
June 24,1892
July 1,1892
J u l y 8,1892
July 15,1892
July 22,1892
July 29,1892
August 5,1892
August 12,1892
August 19,1892
August 26,1892
September 2,1892..
September 9,1892 ..
September 16,1892 .
September 23,189 2.
September 30,1892 .
October 7,1892
October 14,1892....
October 21,1892
October 28,1892




100
100
100
100
100*
100
100ft
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

Highest.

101
101*
100
100*
100*
100
lOOf
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
1004
1004
100*
100*

Lowest.

99*
100
100|
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
300
100
100

iooi
100*
100*

Opening.

Highest.

Lowest.
116 -117
116 -117
116 -117
116!-117!
116J-117
1161-1174
1164-117
116*117!

*
116 -116
116*117
116*-117§
116*-116§
1164-117
116 -116|
116 -116|
116 -116|
115!116*

116 -116!
116 -116!
116 -116;
116 -116
116 -116|
116 -116|
116 -116]
1151-116!

117

*i

116J-117
116 -116f
116^-116!
116 -116!
115*-116*
115*-116*
1151-1161
114!-115*
114 -115*
114 -115*
113*-115
113*-115
114§-H5f
114§-115*
114|115!

116^-117
116"-116|
1164-116!
11511164
116^-116
116 -116

f
114J-11
114 -115§
114 -115|
113*-115
114§-115f
! |
1141-115!

56

REPOKT OF THE COMPTROLLER OF THE CURRENCY.
INVESTMENT VALUE OF UNITED STATES BONDS.

The investment value of United States bonds increases as the relative market price declines, and the following statement, also prepared
by the actuary of the Treasury, exhibits the fluctuations in price and
investment value of the 4 per cents from 1885 to 1892 inclusive. A
comparison will show the exact increase or decrease in investment
value for each quarterly period. The Government was not a purchaser
of bonds during the year, but of $4,601,500 of 4J per cents, which were
outstanding on November 1,1891, and on which interest had ceased at
date of maturity, all but $983,800 were presented for redemption. All
of this class of bonds which were held by the national banks as security
for their circulation have been withdrawn. The total withdrawals from
the three classes of bonds available as security for circulation during
the year were $4,387,600. Of this amount $807,950 was deposited in
substitution. Table on page 52 shows the net increase of bonds deposited during the year.
4£ 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..
1892:
January.
April...
July
October..




4 per cent bonds.

Rate of inEate of inAverage terest real- Average terest realized by price flat.
ized by
price flat.
investors.
investors.
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

er cent.
2.726
2.721
2.668
2.619

112.7000
112.4759
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
2.449
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
101.7596
100.3846

0.424
1.363
5.971

120.9279
122. 0264
117. 3317
116.7546

2.463
2.372
2.676
2.701

.2 per cents at par.

116. 6719
116.1575
116.4557
115.0978

2.693
2.715
2.677
2.766

Per cent.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

57

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.
23,169,677
7,747,519

Ones
Twos

Amounts—

Eedeemed. Outstanding.
22, 8C6, 348
7, 658, 053

115,438,060 105,443, 674
Fives
49,153,060 43, 717, 670
Tens
15,419,471 13, 372,587
Twenties
2,041,711 1,858, 334
Fifties
1,563,151 1,394, 398
One hundreds
23, 588
23,894
Five hundreds...
7,345
7,379
One thousands...

363, 329

89, 466
9,994,386
5, 435, 390
* 2,046, 884
183, 377
168,753
306
34

Issued.
$23,169,677
15,495, 038
577,190, 300
491, 530, 600
308, 389,420
102,085, 550
156, 315,100
11, 947,000
7,379,000

Redeemed.
$22,806,348.00
15, 316,106.00
527,218, 370. 00
437,176,700.00
267, 451, 740.00
92, 916, 700.00
139,439, 800.00
11, 794, 000. 00
7,345,000.00

Outstanding
$363,329.00
178,932,00
49,971, 930.00
54,353,900.00
40, 937, 6?0.00
9,168,850.00
16, 875, 300.00
153,000. 00
34,000.00

Total
214,563,922 196,281,997
18, 281, 925 1,693, 501,685 1, 521,464,764.00 172, 036,921.00
Unpresented fractions of notes to be deducted from notes redeemed
and added to amount on notes outstanding
27, 010. 25
27, 010.25
Total.

1,521,437,753.75 172,063, 931.25

The apparent discrepancy in the amount of circulating notes outstanding October 31, which will appear 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
$104,952 are not included, and the table on page 51 includes $263,263,
representing notes of other banks 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, 1891
$43, 035, 720
Amount received from the Bureau of Engraving and Printing during the
year ended October 31, 1892
'.
'.
53, 854, 670
Total
Amount issued to banks during the year
Amount withdrawn from vault for cancellation
Balance in vault October 31,1892

$49,951, 350
1, 615, 640

96,890,390
51,596,990
45,293,400

The following table shows the amount of new currency issued to
replace notes redeemed and destroyed under the provisions of the act
of June 20,1874, 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 Eedemption Agency of the Treasury at Washington:




58

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE SHOWING BY STATES THE AMOUNT OF f 'ADDITIONAL CIRCULATION" ISSUED
AND RETIRED DURING THE YEAR ENDWD OCTOBER 31, 1892, AND TOTAL AMOUNT
ISSUED AND RETIRED SINCE JUNE 20; 1874.
Circulation issued.

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
Missouri
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Iowa
Minnesota
Kansas
Nebraska
Nevada
Oregon
Colorado
Idaho
Montana..
Wyoming
North Dakota
South Dakota
Washington
California
U.tah Territory
New Mexico Territory.
Arizona Territory
Oklahoma Territory
Indian Territory
Alaska Territory
Total
Surrendered to this office
and retired
From June 20,1874, to October 31,1891
Surrendered and retired
same dates
Grand total October
31,1892

Under act
of July 12, Additional
1882.

Circulation retired.
Total
issued.

303, 750
45, 000
78,750
64,100
5
33, 750
22, 510
22,500

135, 000
423,420

8 120

$39,370
192,165
103,510
1,997,700
1,512,290
306, 000
849, 835
85,345
1, 774,750

45, 000
78,750
64,100
5
33,750
22,510
22, 500

999
2,210

$39, 370
192,155
103,510
1,997,700
1,512, 290
306, 000
849,835
84, 346
1, 774, 750
303,750

$10

135,000
423, 420

433,800
58, 510
45, 000
2, 852,910
377,350
241,750
72, 090
227,170
250,860
175,510
56,240
201,280

434, 799
60, 720
45, 000
2,852,910
377, 350
241,750
72,090
227,170
250, 860
183, 630
56,240
201,280

20,250
176,850
33, 740
22, 500
24, 750
33,750

20,250
176,850
33, 740
22, 500
24, 750
33,750

236,235
67, 500
11,250
22, 500
22,500
22,500
35,990

236, 235
67, 500
11,250
22, 500
22, 500
22, 500
35, 990

12,338 13,711,526 13,723,864

Under act Insolvent
and
of June 20, Liquidating
1874.
banks.
$304, 616
204,845
96,870
1,399,750
161,235
533,790
1, 270, 624
352,581
948, 428
115, 860
135,907
1
14,945
37,120
23, 565
1,485
23,345
13,260
125,110
19,930
14,500
155,471
18, 082
50, 270
740,578
241,438
30, 245
32,870
58,890
69, 047
14, 460
32,630
15,290
46, 526
460
4,800
2,630

71, 935
18,230

7,401,620

$137,860
96,181
98,128
972, 937
259,195
292,447
866, 923
169,136
866,910
29, 600
163,551
5,061
51,267
37,034
27,770
23,580
41,011
1,910
54,064
100
36, 641
45, 314
11,040
189, 955
70,344
73, 504
391,171
178, 692
141,920
162,634
56,922
76,942
61,991
148,891
44,489

$442,476
301,026
194,998
2,372,687
420,430
826,237
2,137,547
521, 717
1,815, 338
145,460
299,458
5,062
66,212
74,154
51,335
25, 065
64,356
1,910
67,324
100
161,751
65, 244
25,540
345,426
88, 426
123,774
1,131,749
420,130
172,165
195, 504
115,812
145, 989
76,451
181,521
59,779

6,940
19,980
5,511
3,031
40
5,230
18,455
20,855
27,760
122
9,952
560
1,910

6,940
66,506
5,971
7,831
2,670
5,230
18,456
20, 855
99,695
18,352
9,952
560
1,910

6,005,461

13,407,081
86,310

258,942, 523 286,871,426 133,809,591 420,681,017
16,257,568
272, 665,387 294,273,046 139,815,052 450,431,976

Notes of gold banks are not included in the above table.




Total
retired.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

59

Of the total circulation issued as shown by the foregoing table,
$2,867,620 were issued to banks organized during the year or just prior
to November 1, 1891, and $10,856,244 to other banks which deposited
bonds for the purpose of increasing their circulation. The provisions
of law relating to the redemption of national-bank circulation remain
as heretofore, a redemption fund of 5 per cent on the total circulation
being maintained with the Treasurer of the United States, and a pro
rata annual assessment paid as the cost of redemption, amounting to
$1,464 on each $1,000 during the year ended June 30, 1892.
During the past year the receipts of the National-bank Eedemption
Agency amounted to $70,434,334, of which amount $31,218,977, or 44
per cent, was received from New York City. The amount received
from Boston was $8,475,354; from Philadelphia, $5,053,891,- from Chicago, $5,052,376; from Cincinnati, $2,138,337; from Baltimore,
$2,100,453; from St. Louis, $1,224,285; from New Orleans, $936,217;
from Providence, $924,501; and from Pittsburg, $495,629.
Of the total amount received during the year, notes representing
$18,583,320 were fit for circulation and returned to the banks originally
issuing them.
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, 1892, and the amount received during
the same period at the redemption 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
F o r reducwith reducInsolvent
tion of
For retion of circu- placement circulation
and
lation and
liquidating
n er
replacement with new actuofd J u n e national
notes.
with new
banks.
20,1874.
notes.

November, 1891
December, 1891
January, 1892
February, 1892
March, 1892
April, 1892
Ma,v,1892
June, 1892
July,1892
August, 1892
September, 1892
October, 1892

$6, 980 $2,916,770 $1, 067,176
835, 288
1,660 2, 934, 260
926, 385
1,490 3, 324, 870
914,762
540 3, 862,845
687, 684
9,290 3, 263, 080
526, 877
40 2, 871, 565
521, 615
3,890 3, 059, 700
525, 510
30 3, 275, 920
2, 967,180
467, 555
14,420
307, 080
20 2, 485,100
314,187
50 2, 331, 026
307,500
450 3, 098, 806

Total
Received from June
20,1874, to October
31,1891

38,860 i 36,331,122

Grand total

7, 401, 619

$686, 898
559,969
560, 537
603,401
517, 389
510, 418
500,169
491, 532
446, 815
332, 246
411,189
384,898
6, 005, 461

Total.

Received
at the
United States
Treasury
redemption
agency.

$4, 677,824
4,331,177
4, 813, 282
5, 321,548
4, 477,443
3, 908, 900
4,085,375
4, 292, 992
3, 895, 970
3,124, 446
3,056,452
3,791,654

$5,013,820
5, 909,334
7, 788, 484
6, 066,177
5, 276, 655
5, 639, 755
6,357, 399
6, 323, 849
6,191, 046
5, 352, 812
5, 296, 037
5,218,966

49,777,063 |

70,434,334

16,814,435 |874,464,560 286,813,126 133, 684,600 1,311,776,721

2,119,677,706

16, 853,295 910,795, 682 294, 214, 745 139, 690, 061 1, 361, 553, 784 2,190,112, 040

Notes of gold banks are not included in the above table.




60

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The following table exhibits the amount of national-bank notes received at this office and destroyed yearly since the establishment of the
system:
Prior to November 1, 1865
During year ended October 31—
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879.
1880

$175,490 During year ended October 31—
188i/...".
«
$54,941,130
1,050,382
74,917, 611
1882
1 3,401,423
82,913,766
1883
4, 602,825
93,178,418
1884
8, 603, 729
91,048,723
1885
14, 305, 689
59,989, 810
1886
24, 344, 047
47, 726,083
1887
30,211,720
59, 568, 525
1888
36,433,171
52, 207, 627
1889
49, 939, 741
44, 447,467
1890
137, 697, 696
45,981,463
1891
98, 672, 716
43, 885,319
1892
76, 918, 963 Additional amount of insolvent and
57, 381, 249
150, 246,189
liquidating national banks
41,101, 830
35, 539, 660
1,521, 433,462
Total.

Notes of gold banks are not included in the above table.
There "was in the vault of the redemption division of this office, awaiting destruction, at
the close of business October 31, 1891
$241,300.00
Received during the year ended October 31,1892
49,788, 948.00
Total
Withdrawn and destroyed during the year
Balance in vault October 31,1892.

50,030,248. 00
49, 902, 665.50
127,582.50

REDEMPTION OF NOTES OF BANKS REDUCING CIRCULATION, OF THOSE IN VOLUNTARY
LIQUIDATION, AND OF FAILED BANKS, UNDER THK ACT OF JUNE 20, 1874, AND OF
BANKS THE CORPORATE EXISTENCE OF WHICH HAS BEEN EXTENDED UNDER THE
ACT OF JULY 12, 1882.

No change has occurred in the provisions of law with respect to a
reduction of the outstanding circulation of an association upon the
deposit of lawful money with the Treasurer of the United States in a
sum not less than $9,000, nor in the provisions of the act of July 12,
1882, requiring a deposit of lawful money for the retirement of the old
circulation of such banks within a period of three years. Under these
provisions of law $458,024,277 of lawful money has been deposited with
the Treasurer on account of liquidating and insolvent banks, including
$2,663,720 deposited for the redemption of notes of national gold banks
and $97,714,449 for the redemption of national-bank notes under the
act of July 12,1882. Durin g the year ended October 31,1892, $1,063,300
in lawful money was deposited by banks reducing circulation, $1,341,880
by banks in voluntary liquidation, $12,328 by extended banks retiring
old circulation, and $761,820 on account of insolvent banks, making a
total of $3,179,328.
The total amount deposited prior to and under the acts of June 20,
1874, and July 12, 1882, is $472,269,087, and of this $73,792,900 was
deposited by banks in liquidation. Deducting the amount of circulating
notes redeemed and destroyed without reissue, which was $447,078,004,
from the total deposit, there remained in the hands of the Treasurer,
on October 31,1892, $25,191,083 in lawful money for the redemption
and retirement of national-bank circulation, including $104,952 for the
redemption of outstanding circulating notes of national gold banks.
Prior to June 20, 1874, $10,431,135 of national-bank notes were redeemed and destroyed without reissue, and $436,646,869 have been so
retired since that date. In the latter amount are included $2,558,768 of
the notes of national gold banks and $82,081,203 of notes of associations
which extended their corporate existence.
Under the act approved February 14, 1880, authorizing the conversion of gold banks and extending to them all the privileges applicable



REPORT OF THE COMPTROLLER OF THE CURRENCY.

61

to any national-banking association, the national gold banks either
availed themselves of the opportunity thus afforded to convert or passed
out of existence. As stated elsewhere, there still remains on deposit
with the Treasurer of the United States in lawful money $104,952 for
the redemption of notes issued by national gold banks which are still
outstanding.
TAX UPON CIRCULATION, REDEMPTION CHARGES, AND ASSESSMENTS.

ftb change has occurred in the provisions of law requiring national
banks to pay a semi annual duty of one-half of 1 per cent upon the
average amount of their notes in circulation, and expenses incident to
the redemption of such notes annually determined by the Treasurer of
the United States, and a pro rata assessment levied upon the banks,
based upon the exact status of each with respect to the amount redeemed.
The banks pay the fees allowed to national-bank examiners, as ascertained under the law, by means of drafts forwarded to the Comptroller,
who in turn remits the proceeds to the examiners as their reports are
received and accounts rendered. The amounts collected from the banks
during the fiscal year from these sources and for the expense connected
with the preparation of plates for circulation 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 examiners7 fees (sec. 5240, Revised Statutes)

$1,331,287.26
100,593.70
15, 700.00
8,100.00
161,983.68

Total

1,617,664.64

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 ten years:
Years.

Semi-annual
duty on circulation.
$3,132, 006.73
3,024, 668. 24
2, 794, 584. 01
2, 592,021. 33
2,044, 922. 75
1, G16,127. 53
1,410, 331.84
1,254, 839. 65
1,216,104. 72
1,331,287.26

1883
1884
1885
1886
1887
1888
1889
1890
1891
1892

Total....

20,416,894.06

Cost of redemp- Assessment Assessment Assessment
tion of notes
of
for examfor cost of for costex- iners' fees
by the
plates,
United States plates, new
tended
(sec. 5240,
banks.
Treasurer.
banks.
K.S.).

Total.

$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
100, 593.70

$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
15,700. 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
8,100.00

1,377, 692.19

176,385.00

180,945. 00 1,209,752.08 23,361,668.33

$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
130, 725.79 1, 685, 023.30
136, 772.71 1, 524, 355. 75
138, 969.39
1,480, 215.63
161,983.68
1, 617, 664.64

iMor to the act of March 3,1883, the banks were required to pay a
tax on capital and deposits in addition to that on circulation. The total
tax collected on capital amounted to $7,885,887.74; on deposits,
$60,940,067.16; and up to July 1? 1892, $72,670,412.30 on circulation,
making a total of $141,466,367.20.
LOANS.

The following table gives a classification of the loans of the national
oanks 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
Digitized forthe count / at nearly the same dates in each of the last five years:
FRASER


02

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OCTOBER 4, 1888.
On single
OnUnited On other name paper
stocks,
No. of
States
without
banks. bonds on bonds, etc.,
other
demand, jon demand. security.

All other
loans.

Total.

46 $2,132,3 59 $108,466, 001 $28,626, 295 $153,271,026 $292,495,481
41,129,615]
65, 275, 737
9, 631, 825 14,155, 001
359, 296|
19
6,988,2421
8,216, 546
921,854
306, 450
4
182, 567, 237| 268,417, 291
148, 770| 44, 271,164 41,430,120
128
37,435, 637!
52,435,975
7,182, 779
10, 765! 7, 806, 794
41
42,188, 407i
56, 095, 010
6, 570, 9b
7, 260, 665
75, 000
33
21, 303, 327
31, 012, 089
1, 205, 596
8, 501,966
1,200
22
721, 806,861
900, 938,156
577,484 42, 586,172| 135,967,639
2,847

. York
v
• .ii\:sigO

.->t. Louis
Group No. 1, 4 cities
Group No. 2, 4 cities
Group No. 3, 4 cities
Group No. 4, 4 cities
Country

3,U0 3,304,674 221,460,344 243,430, 915 1, 206,690,352| 1,674,886,285

Total

S E P T E M B E R 30, 1889.
On demand, On time,
with U. S. with U. S.
bonds,other bonds, other bonds,
bonds,
stocks, or stocks, or
collaterals collaterals
as security, jas security.
New York
Chicago
St. Louis
Group No. 1, 4
Group No. 2, 4
Group No. 3, 4
Group No. 4, 4
Country

15, 947, 708
866, 900
43,237, 334
8, 308, 283
8, 618, 618
9, 051,215
154, 475, 783

cities.
cities
cities
cities

Total.

$119, 366, 417 $109,579,495 $43,085,676 $303,898,166
72,381,075
31, 275, 073 12, 702,779 12,455, 515
2, 897,770
1,846, 621
13,475, 246
7, 863, 955
145,457, 842 54, 280, 694 43, 847, 643 286,823, 504
9,770,705 12, 056, 470
59,463,472
29,328, 014
6, 419,197
62, 848,516
39, 473, 645
8, 337, 056
36,285, 921
16,140, 667
3,432,808
7,661,230
638,484,540 54,314,240 125, 279, 276 970, 553,839

272,372,4101,025,390,153 254,264,398 253,702,7771,805,729,739

Total

O C T O B E R 2, 1890.

New York
Chicago
St. Louis
G r o u p No. 1, 5
G r o u p No. 2, 4
G r o u p No. 3, 6
G r o u p No. 4, 4
Country

cities*!
cities*.
cities*t
cities*.

29, 044, 063
16, 714, 673
2,172, 008
45, 604, 639
8, 683, 687
21,118, r
10,116,981
164, 665, 256

122, 226, 904i 102,372, 932i
27, 897, 562! 17,125,219
16, 274, 7891 4, 346, 312
146, 363, 799 56,582, 8521
33,311, 338 11, 002, 538
55,649,978 10, 540, 565]
6,225,020!
18,602, 080
685,600,4011 63,538, 244i

43,466, 652 297,110, 551
16, 506, 704
78, 244,158
6,681,993i
29,475,102
48, 664,875| 297,216,165
13,140,1821
66,137, 745
10,752, 917!
98,062,140
45,257,225
10; 313,144'
144, 715, 700!l, 058, 519,601

105,926,851 271,733,682 294,242,167|l, 970,022,687

Total

SEPTEMBER 25, 1891.
j On demand On time,
On demand! with U . S . with IT. S.
On paper
w i t n in
in
i
" i D o n ( *s, other bonds, other
with single
bonds,
name,
, oth- dorsers,oth-| bonds,
erwise
stocks, or stocks, or
unsecured. erwise un- unsecured, j collaterals | collaterals
j
j
secured.
jas security.jas security.
New York.
Chicago
St. Louis . - GroupNo. 1, 5 cities*t .1
No. 2,4 cities*..]
No. 3, 7 cities*t.
No.4,4 cities*..)
Country
3,333!
Total.

$25,125, 313 $116,957, 04< $2, 925,418'$113,787,1961 $42, 783,829! $301, 578, 802
3,704,939! 13,525,638 17,508,229]
87,565,897
34,889,1
" ' — 301
17, 937,791
141!
558,571|
3,999,711
6,595,233
27,864,107
14,617,1
2,093,451
42,118, 748 141, 021, 853! 9, 015,155! 54,233,863
1, 084, 0341 11,149,9281
29, 991, 803!
8,457, 434
54, 500, 479J
3,361, 241! 9,923, 642J
18, 809,101
14,130, 558!
2,106, 638j 5, 596,114J
7,498, 9611
35, 679, 262 i 54, 065,103 i
150,412,548! 6(52, 814,

7,677J 281,453, 347 1,068,922, 313j




Total.

48,397,495 294,787,114
14,393,999!
65,077,198
11, 684,9591
98,279,422
9, 954, 626! 39, 286,897
162, 943, 75711, 074, 914,803

58, 435,2851 266, 281,195) 314, 262,127|1, 989, 354,240

REPORT OF THE COMPTROLLER OF THE CURRENCY.

63

SEPTEMBER 30, 1892.
On time,
secured by
stocks,
bonds, and
other personal securities, or on
mortgages
or other
real-estate
security.

On demand, On demand, |I
paper with secured by
stocks, ''
one or more bonds, and
individual other peror firm sonal secunames.
rities.

48
Few York
23
Chicago
9
St. Louis
Group—
No. 1,5 cities*! - 133
54
No. 2,4 cities* . .
50
No. 3,7 cities*t 26
No. 4,4 cities*..
3,430
Country
Total

3,773

$4, 931, 784;$117, 751, 227 $117,796, 025
18,128,149
7,853, 323
2, 744, 362
1, 079,406
53,328, 579
11,
8, 910, 933
2, 072,198
20, 377, 874
8, 028, 468
7, 380, 208
5,751,077
171,265,156
54, 205, 372
95,920, 315

Total.

$65, 573, 000 $344,199,941
21, 006, 801 103, 913,025
32,877, 372
8,192, 840
54, 982, 554 317.983, 394
14, 945,457 67, 325, 570
13, 879, 881 109.984, 266
11, 288,439
41,445,455
176,901,"" 1,135,769,806
395

320, 283,166 366,770,367 2,153,498,829

* 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,
Des Moines, 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 New
York City alone for the last seven years:
Oct. 7,1886.
Loans and discounts.
On indorsed paper
On single-name paper
On U. 3. bonds on demand
On other stocks, etc., on demand
On real-estate security
All other loans
Total

Oct. 5, 1887.

45 banks.

47 banks.

Oct. 4, 1888. Sept. 30,1889.
46 banks.

45 banks.

$121, 381, 380 $115, 316, 625 $117,707,044 $119,369,404
28, 626, 295
24, 646, 008 17, 585, 496
31, 866, 578
1,445, 900
2,132,159
2, 002, 550
1,124,109

Oct. 2,1890.
47 banks.
$122, 226, 904
29, 044,063
583, 820

91, 636, 791
211,432
13, 854, 215

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
Sept. 25, 1891.

Loans and discounts.
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 U. S. bonds, other bonds, stocks, or collaterals, as security
On time, with IT. S. bonds, other bonds, stocks, or collaterals, as security
Total

49 banks.
$25,125, 313
116, 957, 046
2, 925,418
113,787,196
42, 783, 829
301,578,802

Loans and discounts.

Sept. 30, 1892.
48 banks.

On demand, paper with one or more individual or iirm names
On demand, secured by stocks, bonds, and other personal securities
On time, paper with two or more individual or firm names
On time, single-name paper (one person or firm) without other security
On time, secured by stocks, bonds, and other personal securities, or on mortgages or
other real-estate security
Total




$4, 931, 784
117,751,227
117, 796, 025
38,147, 905
65,573, 000
344,199,941

64

REPORT OF THE COMPTROLLER OF THE CURRENCY.

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 effect. 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:
NEW YORK CITY.

Date.

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Sept.
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
30,1892

Average for
19 years...

Reserve held.
Classification of reserve.
Reserve
No. of Net de- required
banks. posits. (25 per Amount. Ratio to Specie. Other law- Due from Redempcent) .*
deposits.
ful money. agents. tion fund.
48
48
47
47
47
47
47
48
50
48
44
44
45
47
46
415
47
49
48

47

Mittions. Millions. Millions. Per cent. Millions. Millions. Millions. Millions.
204.6
51.2
68.3
14.4
52.4
33.4
1.5
202.3
5.0
54.4
50.7
60.5
29.9
1.1
197.9
14.6
45.3
49.5
60.7
0.8
30.7
174.9
13.0
34.3
0.8
43.7
48.1
27.5
189.8
13.3
36.5
1.1
47.4
50.9
26.8
210.2
19.4
32.6
1.1
52.6
53.1
25.3
268.1
58.7
11.0
0.9
67.0
70.0
26.4
268.8
50.6
10.9
1.0
67.2
62.5
23.3
254.0
44.5
18.9
1.0
63.5
64.4
25.4
266.9
50.3
19.7
0.9
66.7
70.8
26.5
255.0
63.1
27.0
0.7
63.7
90.8
35.6
312.9
91.5
23.7
0.5
78.2
115.7
37.0
282.8
64.1
12.5
0.4
70.7
77.0
27.2
284.3
63.6
16.1
0.4
71.1
80.1
28. 2
342.2
73.9
22.1
0.3
85.5
96.4
28.2
338.2
59.1
25.6
0.2
84.5
84.9
25.1
332.6
78.4
13.9
0.2
83.2
92.5
27.8
327.8
53.8
32.0
0.3
81.9
86.1
26.3
391.9
62.6
40.5
0.3
97.9
103.4
26.4
268.7

67.2

75.6

28.3

47.0

27.9

0.7

12.9
13.1
15.3
17.0
20.1
22.4

6.7
7.8
9.6
7.8
11.0
8.1

0.05
0.05
0.05
0.05
0.05
0.05

1.3
1.0
1.6
3.1
3.8
4.6

1.3
1.1
1.6
2.5
2.0
1.5

0.03
0.02
0.01
0.02
0.02
0.02

*A11 lawful money.
CHICAGO.
64.6
69.3
78.7
82.9
92.9
106.5

Oct.
5,1887
Oct.
5,1888
Sept. 30,1889
Oct.
2,1890
Sept. 25,1891
Sept. 30,1892

16.2
17.3
19.7
' 20.7
23.2
26.6

19.7
21.0
25.0
24.8
31.2
30.5

30.5
30.2
31.7
30.0
33.6
28.6

ST. LOUIS.
Oct.
Oct.
Sept.
Oct.
Sept.
Sept.

10.3
7.9
12.0
26.2
24.2
29.2

5,1887
4,1888
30,1889
2,1890
25,1891
30,1892

2.6
2.0
3.0
6.5
6.1
7.3

2.7
2.1
3.2
5.6
5.8
6.1

26.4
27.0
26.7
21.3
23.8
21.1

RESERVE, CITIES.*
[Reserved 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.
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
30,1892

182
188
189
188
184
181
184
189
193
200
203
203
217
223
224
228
259
265
263

221.4
223.9
217.0
204.1
199.9
288.8
280.4
335.4
318.8
323.9
307.9
364.5
381.5
338.5
384.9
419.0
457.8
451.9
519.3

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
129.8

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
156.1

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
30.1

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
53.1

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
29.0

* Includes Chicago and St. Louis up to October 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
51.5
56.7
61.0
61.0
73.0

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
1.0

REPORT OF THE COMPTROLLER OF THE CURRENCY.

65

STATES AND TEHEITOKIES.

jJate.

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Sept.
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
30,1892

Reserve held.
Classification of reserve.
Reserve
No. of Net de- required
(15 per Amount. Ratio to Specie. Other law- Due from Redempbanks. posits.
cent).*
deposits.
ful money. agents. tion fund.
1, 774
1,851
1.853
1J845
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
3,430

Millions. Millions. Millions, Per cent. Millions. Millio?is. Millions. Millions.
2.4
293.4
44.0
100.6
34.3
33.7
52.7
11.9
1.6
307.9
46.3
100.1
32.5
33.7
53. 3
11.6
2.7
291.7
43.8
99.9
34.3
31.0
55.4
10.8
4.2
290.1
43.6
95.4
32.9
31.6
48.9
10.7
8.0
289.1
43.4
106.1
36.7
31.1
56.0
11.0
329.9
49.5
124.3
37.7
11.5
30.3
71.3
11.2
410.5
61.6
147.2
35.8
21.2
28.3
86.4
11.3
507.2
76.1
158.3
31.2
27.5
27.1
92.4
11.4
545.8
81.9
150.4
27.5
30.0
30.0
80.1
11.3
577.9
86.7
157.5
27.2
31.2
30.8
84.1
11.3
535.8
80.4
156.3
29.2
35.2
30.9
79.7
10.5
570.8
85.6
177.5
31.1
41.5
29.9
95.9
10.2
8.7
637.6
95.6
186.2
29.2
47.8
30.1
99.5
6.6
690.6
103.6
190.9
27.6
50.8
32.6
100.9
6.2
739.2
110.9
209.8
28.4
50.2
34.5
119.0
5.5
807.6
121.1
224.6
27.8
50.5
36.2
132.4
5.2
859.2
128.9
225.5
26.2
54.3
37.7
128.5
5.4
861.8
129.3
235. 5
27.3
60.3
36.8
133.0
5.8
975.5
146.3
274.8
28.2
66.6
38.9
163.5
* Reserve 15 per cent, two-fifths in lawful money.
SUMMARY.

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Sept.
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
30,1892

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
3,773

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
2, 022.5

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
408.1

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
570.9

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
28.2

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
209 1

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
118.3

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
189.5
194.0
236.4

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
7.1

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 153, 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, September, 1891, and September, 1892.
FAILED BANKS.

Seventeen national banks, with an aggregate capital of $2,450,000,
were placed in the hands of receivers during the year, as shown by the
following statement. In one case creditors have received dividends
amounting to principal and interest in full; in another case principal in
full; in another, 85 per cent; in another, 70 per cent; in two cases, 50 per
cent; in five cases, 30 per cent; in two cases, 25 per cent, and in one
case 20 per cent.
9647
5



66

REPORT OF THE COMPTROLLER OF THE CURRENCY,

STATEMENT OF F A I L E D BANKS, THEIR SURPLUS AND L I A B I L I T I E S , ACCORDING TO
L A S T R E P O R T OF CONDITION.

i As shown at date of last repor&of conj
dition.
Date of
authority to Date of | Receiver j
of
Name and location of bank. commence failure, appointed!
Surplus Other i Datere
I last
business.
j Capital. and un- liabili- I port of
divided ties.* I condiprofits.
I tion.
1891.

Maverick National Bank i
of Boston, Mass
Dec, 31, 1864
Corry National Bank of
Corry, Pa
| Nov. 12,1864
Cheyenne National Bank
Dec. 2, 1885
of Cheyenne, Wyo.
California National Bank
Dec. 29,1887
of San Diego, Cal
irst National Bank of WilFirst N
mington, N. C
j July 25, 1866

Nov. 2

Nov. 2

Nov. 7

I 1891.
|
$400,000 fl,018,862 $10,097,888^ Sept. 25

1891.

548, 293; Sept. 25

Nov. 21

100, 000J

22,418J

Nov. 13 ! Dec. 5

150, OOO!

22, 814| 306, 838| Sept. 25

Nov. 12 | Dec. 18
i
l
Nov. 24 ! Dec. 21

500,000! 120,232!
l
!
250, 000 23,543

i

i

I

584, 932;

1892.

Huron National Bank of j
Huron, S. Dak
Nov. 21, 1884 Dec. 18 i Jan.
1892.

905,303| Sept. 25

7j

75,000

2,320

49,5271

Dec. 2

!

First National Bank of
Downs, Kans
Oct. 12, 1886 Jan. 23 j Feb. 6 i 50, 000
First National Bank of
i
j
Muncy, Pa
Feb. 23,1865 Jan. 11 j Feb. 9 j 100,000
Bell County National Bank
of Temple, Tex
Aug.25, 1890 Feb. 3 I Feb. 19 | 50, 000
First National Bank of !
Deming, N. Mex
| Apr. 22, 1884 Feb.
Feb. 29 i 100,000
First National Bank of |
50, 000
Silver City, N. Mex
j Sept. 17,1880 Feb.
Feb. 29

1,532

79,842

Dec. 2

24,493

88, 657:

Dec.

6 089
,

88, 509

18,946
9 858
,

Dec.
153, 4441 Dec.
121 503

Lima National Bank of
.
200,000
Lima, Ohio
! Jan. 16,1883 ! Mar. 1 Mar. 21
51,234 215 835
National Bank of Guthrie, j
I
5,176
100,000
Okla
July 31, 1890
Cherry vale National Bank
i June 13 i| June 22
50, 000J
45 583
4,599
of Cherry vale, Kans
I Apr. 16, 1890 ! June 10 ! July
2
First National Bank of
50, 0001
48 572
Erie, Kans
5,071
First National Bank of Jan. 15, 1889 | June 25 | July 2
125, 000 25,082
82 532
XVUUJ&. W Hill, 1 O A
Rockwall, Tex
May 29,1888 j June 11 j July 20 j
Vincennes National Bank
100,000
42,534 242 193
of Vincennes, Ind.
July 17, 1865 ! July 6 ! July 22
2, 450, 0001 404, 803 13,641 451
Total.

Dec.
1892.
Mar. 1
May 17
May 17
May 17
July 12
July 12

I

•Total, as per report, except capital, surplus, circulation, undivided profits, and unpaid dividends.
CAUSES OF FAILURE.

The doors of the Maverick National Bank of Boston, Mass., were
closed on the last day of the report year (October 31, 1891, too late to
be included in the annual report) by the national bank examiner,
acting under instructions from the Comptroller of the Currency. For
some months the condition of the bank had been a source of anxiety to
the Comptroller on account of excessive loans to certain of its directors. The aggravated character of these loans, however, was not revealed to the Comptroller, either through the reports of the examiner
or the attested reports of condition. The bank had a large volume of
business and did a large collection business throughout the country.
Speculative banking and excessive loans to directors for speculative
purposes were the causes of failure. Conservatively managed, its volume of business and good will would have possessed very great value.
Its assets were easily convertible. The receiver has paid to creditors
85 per cent, and expresses the opinion that an additional dividend will



REPORT OF THE COMPTROLLER OF THE CURRENCY.

67

be paid, not exceeding 5 per cent, dependent upon the result of pending* litigation and the amount realized from the assessment upon shareholders. An assessment of 100 per cent has been levied by the Comptroller upon the shareholders of the bank, the amount of collection
appearing in the table on page 224 of the Appendix.
The doors of the Corry National Bank of Corry, Pa.? were closed to
business November 7, 1891. The entire management of the bank had
been practically confided to the president and cashier, whom it appears
were highly respected and enjoyed the full confidence of the community until their disastrous administration of aifairs of the bank became known. A good many loans were made in excess of the 10 per
cent limitation. False debits were made to other banks, and a corresponding credit given to certain individuals for the purpose of making a
showing which would justify the payment of dividends to shareholders.
Large rates of interest were paid on certificates of deposit, and the
expenses of the bank were extravagant. A large amount of paper of
bad character had been kept alive by renewals, interest in many cases
being included in the renewals. The discoveries of the examiner, indicating criminal violations of law, were promptly reported to the United
States attorney.
An assessment of 100 per cent has been levied by the Comptroller
upon the shareholders of the bank, the amount of collection appearing
in table on page 224.
Dividends amounting to 50 per cent have been paid to creditors.
The doors of the California National Bank of San Diego, Cal., were
not ox>ened after close of business November 11,1891. The failure was
regarded as a great calamity by the local community, and considerable
effort was made, in which many creditors joined, to accomplish a resumption of business. Under the peculiar circumstances and in view of repeated assertions in communications to the Comptroller from interested
parties that a sufficient cash fund would be made immediately available to restore the impaired capital, as much time was given before the
appointment of a receiver as seemed to be consistent with the Comptroller's discretion under the law. When it became known, ui)on thorough
examination, that the entire capital and surplus of the bank had been
lost and all efforts to resume had proved futile, the president of the
bank, who had personally exerted himself in the interests of resumption of business, committed suicide. The funds of the bank were used
to promote local enterprises of a public character involving large sums
of money, and during a period characterized by a marked increase in
prices and unusual activity in business. Succinctly stated, the president of the bank, in conjunction with one or more directors, at the date
of its organization inaugurated schemes or deals in the interest of
themselves and the local community which involved large sums of money.
The necessary loans were for a time obtained from the Eastern States,
but as these matured and demand for payment was made recourse was
had to this bank. The local boom collapsed before any of these enterprises became paying investments. At length, the extreme danger to
the bank became apparent to the management, and it appears tliat the
president alone was forced to assume the attendant responsibility, and
finally being unable to contend with the reductionin deposits and shrinkage in values suspension became inevitable.
An assessment of 100 per cent has been levied by the Comptroller
upon the shareholders of the bank, the amount of collection appearing
in table on page 224.
Dividends amounting to 30 per cent have been paid to creditors.



68

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The Cheyenne National Bank of Cheyenne, Wyo., closed its doors to
business November 13, 1891, a run having been caused by the suspension of the California National Bank of San Diego, Cal. A few days
later the cashier committed suicide. The president of the California
National Bank of San Diego was likewise the president of the Cheyenne
National Bank, and the character of management in both cases was
almost identical. The personal presence of the president, his correct
manner of life, and his energetic attention to business are said to have
given him the entire confidence of the community and enabled him to
consummate questionable transactions without suspicion. From the
first, the funds of the bank were diverted to his use. One common
method was to purchase stocks of little or no value, sell them to irresponsible persons, taking notes in payment, which notes he caused to
be discounted by this bank. He borrowed money in the Eastern States
with which to purchase a controlling interest in the stock of the bank,
using this stock as collateral. When demand was made, he would pay
the loans with funds belonging to the bank realized upon accommodation paper obtained from his immediate friends. The cashier became a
large and irresponsible debtor, and together these officers misappropriated an amount equal to the entire capital of the bank. Many bad
loans were made, business was unduly extended^ and the management
was reckless and extravagant.
Dividends amounting to 25 per cent have been paid to creditors.
The doors of the First National Bank of Wilmington, N. C, were
closed by order of the board of directors November 24, 1891. The
reason given to the public was that the capital had been impaired by
heavy losses incurred in previous years, from which the bank could not
recover. No dividends had been paid since 1887. After a thorough
investigation, the receiver reported that the failure was due to bad
loans extending over a number of years, and to peculation and robbery
by the cashier, a fugitive from justice. The directors took no interest
in the management, and the cashier had been given complete control.
A large part of the assets consisted of worthless bills receivable, which
had been carried for a long time by renewal. Excessive loans had also
been made. False entries were made upon the books to conceal the
actual liability from the examiner, and it was found that the cashier
had so manipulated the accounts as to successfully postpone the collapse for a considerable length of time. It now appears that the directors were aware to a certain extent of the condition of the bank,
but relied upon the hope that it would under most favorable circumstances recover. The class of assets relied upon as good at date of
failure amounted to only about 25 per cent of the whole, and the receiver up to date has been unable to collect more than 15 per cent of
the total assets.
An assessment of 100 per cent has been levied by the Comptroller
upon the shareholders of the bank, the amount of collection appearing
in table on page 224.
Dividends amounting to 30 per cent have been paid to the creditors.
The doors of the Huron National Bank of Huron, S. Dak., were
closed to business by the national-bank examiner December 18, 1891.
The examiner found that for some time prior to that date the bank
had been in a crippled condition, but thought, with careful and economical management, the affairs could be placed upon a safe footing.
The shareholders finally voted to go into voluntary liquidation, but
upon the disclosure that a large indebtedness due from the officers and
their friends was not collectible, the Comptroller was compelled under



REPORT OP THE COMPTROLLER OF THE CURRENCY.

69

the law to appoint a receiver. It appears that the local community
lost confidence in the bank from the fact that the management was
supposed to be pecuniarily interested in a very spirited controversy
and rivalry that existed between several cities over the location of the
capital of the State, and this with other causes tended to make the
business of the bank unprofitable. The farming interests in the surrounding country were largely indebted to the bank, and the continued crop failures made the loans almost worthless. It did not appear
that there had been criminal violations of law, but it did appear that
the suspension was due to bad loans and unreinunerative business,
which had been unduly extended.
The doors of the First National Bank of Muncy, Pa., were closed to
business January 11, 1892, by a national-bank examiner who had for
sometime been in attendance for the purpose of ascertaining the exact
condition as to solvency. Criminal violations of law were apparent,
and prompt communication was had with the United States attorney.
There appeared to be a large shortage in cash as represented by the
books of the bank. On the day upon which the examiner closed its
doors, the want of public confidence was manifested by a slight run.
The causes of failure may be stated as reckless management, incorrect
bookkeeping, declaration of dividends that had not been earned, failure
to charge off bad debts, and a persistent practice of allowing overdrafts
in large amounts.
Had the management of the bank been good and efficient, the appointment of a receiver would have been unnecessary and the bank
might have been put in a sound condition by levying an assessment to
make good the impairment of capital.
No assessment was levied upon the shareholders as the assets of the
bank were sufficient to pay creditors in full. The remaining assets
have been turned over to an agent selected by the shareholders and
the trust closed, principal and interest having been paid in full on all
proved claims.
The doors of the First National Bank of Downs, Kans., were closed
January 23, 1892, by the national-bank examiner, upon discovering
that the bank was insolvent. Bad management, frequent irregularities, and indications of collusion to violate the law were apparent, and
the information was promptly reported to the United States attorney
for that district. On or about the date of organization the assets of
another bank were purchased, a considerable portion of which proved
to be worthless; accommodation notes were taken to cover up large
loans to certain individuals, the paper representing the actual loans
being held as collateral. The management was extravagant and the
cashier was reckless, his personal reputation being such as not to inspire confidence. Before the doors were closed an effort was made by
some of the shareholders to change the management and restore the
capital by voluntary assessment, but a large part of the stock being
held by nonresidents the attempt was unsuccessful and suspension became inevitable.
A dividend of 25 per cent has been declared to creditors.
The Bell County National Bank of Temple, Tex., was closed by the
national-bank examiner January 30, 1892. The causes necessitating
this action were numerous; bad and excessive loans, violations of
correct business principles, and the indifference of the directors, permitting the president and cashier to dominate the board, made it comparatively easy to wreck the bank. These officers permitted no interference, and would not allow a duly appointed finance committee to



70

REPORT OF THE COMPTROLLER OF THE CURRENCY.

perform its duty. Many of the shareholders were nonresidents and
gave their proxies to the president and cashier, who were thus able to
elect such directors as they chose. By means of this power the board
was reduced in number in order to dispose of a few directors who insisted upon a knowledge of the condition of the bank or were desirous
of performing their whole duty. The personal extravagance indulged
in by the officers resulted in the discounting of worthless paper prepared for the purpose, the borrowing of money from other banks at high
rates of interest, the general welfare of the bank being wholly disregarded. Soon after the receiver took charge, these officers were arrested for violations of law and bound over for trial. The most culpable management was apparent, false entries in the books had been
made to conceal misappropriations, and forgery had been resorted to.
Dividends amounting to 30 per cent have been paid to creditors.
The doors of the First National Bank of Silver City and the First National Bank of Deming, N. Mex., were closed to business on February
4,1892. The same person was president of both banks and represented
the entire management, the boards of directors practically exercising
no control. For several years he had borrowed the funds of the banks
on notes of his own and worthless accommodation paper made by relatives, friends, and clerks, until more than the combined capital of the
banks had been obtained for investment in speculative enterprises, such
as wild lands, cattle ranches, prospective railroad construction, etc.
Fraudulent entries were made on the books and dividends not earned
regularly paid to the shareholders, who being mostly nonresidents took
no other interest in the management. Charges of embezzlement and
misappropriation of funds were promptly placed in the hands of the
United States attorney.
An assessment of 82 per cent has been levied upon the shareholders
of the First National Bank of Deming. Dividends amounting to 25
per cent have been paid to creditors of that bank, and 20 per cent to
the creditors of the First National Bank of Silver City.
The doors of the Lima National Bank of Lima, Ohio, were closed to
business March 1, 1892. From the date of its organization the management of the bank continuously provoked criticism by the Comptroller of the Currency for apparent violations of the restrictive provisions
of the law. The president, possessing considerable wealth and business sagacity, was the principal promoter of a number of local and foreign enterprises, and diverted the funds of the bank to his individual
uses. At times he would crowd paper, based on these outside schemes,
into the bank to the almost entire exclusion of other and legitimate
loans. Accommodation notes of clerks and other employes were resorted to, until the president's methods became a matter of public notoriety. The depositors necessarily lost confidence, and deposits were
withdrawn to such an extent as to force the bank to rediscount all its
good paper. When this crisis was reached an attempt was made to
place the bank in voluntary liquidation, but failed because it was impossible at the time to realize from the assets the necessary funds for
the prompt payment of creditors. A sharp run, which exhausted nearly
all the cash on hand, precipitated its closing.
Dividends amounting to 50 per cent have been paid to creditors.
The doors of the Cherryvale National Bank of Cherryvale, Kans.,
were closed June 10, 1892, by a national-bank examiner acting under
instructions from the Comptroller of the Currency. For some time the
management of the bank had subjected it to criticism, and upon an examination made in December, 1891, its condition was unsatisfactory and
the capital was found to have become impaired. An assessment was



REPORT OF THE COMPTROLLER OF THE CURRENCY.

71

ordered by the Comptroller, the management taking exception, insisting that there was no impairment and requesting a reexarnination.
The request was granted, but the result still showing an impaired capital, the Comptroller insisted upon the payment of the assessment, and
shortly after the cashier made oath that it had been fully paid. A
subsequent examination disclosed the fact that the assessment had not,
in fact, been paid, whereupon the examiner was instructed to take
charge. The condition of the bank was mainly due to the reckless management of the president, who for his own use discounted worthless
accommodation notes. A strenuous effort was made to prevent a receivership by inducing creditors to accept obligations other than cash for
their claims. Inasmuch as the assets of the bank were not sufficient
to even permit of voluntary liquidation, no proposition other than immediate payment of creditors in full could be entertained. The president and cashier were afterwards arrested for embezzlement, perjury,
and false entries in the books, and bound over for trial.
The doors of the First National Bank of Eockwall, Tex., were closed
by the national-bank examiner June 11,1892. A former president of
the bank, who was the original promoter, was engaged in wild speculations during his incumbency, and through loans to men of straw, for his
own use, absorbed the capital and earnings of the bank. Haying accomplished this result, he sought other fields of operation, leaving the
bank in such a crippled condition that a new management found it impossible to place it on a solvent footing. The amount of deposits had
become insignificant, being at date of closing only $6,000, so that current business could not support the bank.
The doors of the National Bank of Guthrie, Territory of Oklahoma, were closed by its officers June 13, 1892. Certain information having cOrne to the knowledge of the Comptroller, a national-bank
examiner had been directed to make an examination. He arrived on
the day the bank suspended business, and found that a receiver had
been appointed by a Territorial court. It was claimed that creditors
had been paid in full, and therefore the Comptroller had no jurisdiction. It appeared that a receiver had been appointed by the court
upon a petition presented in the supposed interest of some of the
shareholders who were friendly to the management. The Comptroller
appointed a receiver, and a demand for possession of the records and
assets of the bank was made and refused. The court maintained that
it had jurisdiction in the matter, and up to this time the Comptroller
has been unable to place a receiver in charge.
The doors of the First National Bank of Erie, Kans., were closed to
business June 25, 1892. The failure was due to the payment of exorbitant rates of interest on deposits, and the injudicious manner in which
funds of the bank were loaned to officers and directors, who were large
borrowers at a lower rate of interest than the bank itself paid for rediscounts. The immediate cause of failure was the large loss on these loans
which had been made without proper security. It was developed that
the stock held by the officers had been purchased with borrowed money,
the stock being pledged as collateral, and that their financial resources
had always been very limited.
On July 5, 1892, the president of the Yincennes National Bank of
Yincennes, Ind., committed suicide. The bank had become insolvent.
A national-bank examiner was immediately directed to take charge of
affairs and closed the bank on the morning of July 7. For some years
prior to insolvency a former president and large shareholder of the
bank was connected with firms engaged in grain speculations, and it
Digitized forappears that his successor, the late president, was connected with him
FRASER


72

REPORT OF THE COMPTROLLER OF THE CURRENCY.

in similar speculation. Correspondence was found which connected
the president with heavy losses, and it would appear that the cause of
failure was his connection with board of trade speculations. Various
means were resorted to in using bank funds and considerable ingenuity was exercised in covering up shortages. Successful attempts
were made to deceive the national-bank examiner, and it is stated to
the Comptroller that there was a systematic misappropriation of funds,
which was acquiesced in, or known, to some extent by other officers and
employes of the bank. In addition to this, large loans were made without proper security and in violation of law. The bank at one time purchased a large block of its own stock, paying a high premium therefor.
An administrator was promptly appointed for the estate of the late
president, who immediately offered restitution to the fullest possible
extent, it being his desire to make as full a settlement as practicable,
without reserve and without litigation.
A dividend amounting to 30 per cent has been paid to creditors.
The affairs of eight national banks have been closed during the past
year and final dividends have been paid to their creditors.
Name and location of bank.

A sbury Park National Bank, Asbury Park, TS.J
First National Bank, Buffalo, N. Y
Central National Bank, Chicago, 111
First National Bank, Corry, Pa
First National Bank, Dansville, N. Y
First National Bank, Muncy, Pa
National Bank of Shelbyville, Tenn
Vermont National Bank, St. Albans, Vt

Date of ap- | Total divi- Proportion
pointment of I dends on of interest
receiver.
principal.
paid.
July 2,1891
Apr. 22,1882
Dec. 1,1877
Oct. 11,1887
Sept. 8,1887
Feb. 9,1892
Dec. 13,1889
Aug. 9,1883

Per cent.
100. 00
43.50
65.57
92.75
22.1508
100.00
30.177
80.25

Per cent.

100

Out of 4,811 national banks organized since February, 1863, 181, or
about-3.76 per cent, have been placed in the hands of receivers. This
includes 9 which had previously been placed in liquidation by the
shareholders, but upon their failing to pay depositors the Comptroller
appointed receivers to wind up their affairs. Of the 181 failed banks
38 have paid creditors in full, principal and interest; 6 have paid principal and a part of the interest, and 13 have paid the principal only.
The affairs of 110 of the 181 banks have been finally closed, leaving 70
in process of settlement, of which 16 are virtually closed, with the exception of pending litigation, leaving 54 receiverships in active operation. In one case the receiver was withdrawn and the bank permitted
to resume business.
The total amount so far paid to creditors of insolvent national banks
has been $48,052,938 upon proved claims, amounting to $70,830,366.
The amount paid during the year has been $8,103,498, besides $1,320,317
paid for dividends declared prior to November 1,1892, on claims proved
since that date. Assessments amounting to $17,925,850 have been
made upon shareholders of insolvent national banks under section 5151
of the Eevised Statutes of the United States. From this source the
gross collections amount to $7,623,760, of which there has been received
during the past year $1,002,351. Suits are pending in some cases.
In the Appendix, p. 214, a table will be found showing, under various heads, amounts collected from the assets of each of the 181 insolvent national banks, the amounts disbursed, and the purpose. All
moneys and assets are accounted for, and the figures supply all information necessary to the ascertainment of percentages and lt>ss.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

73

DIVIDENDS, SEVENTY-TWO IN NUMBER, PAID TO THE CREDITORS OF INSOLVENT
NATIONAL BANKS DURING THE PAST YEAR, WITH THE TOTAL DIVIDENDS IN
EACH CASE ur TO NOVEMBER 1, 1892.
Dividends paid during the year.
Date of apName and location of bank. pointment, of
receiver.

Date.

American National Bank of |
Arkansas City, Kans
J Dec. 20,1890 Dec. 7, 1891
Do
Oct. 26, 1892
Yermont National Bank of
St.Albans,Vt
Aug. 9,1883 Jan. 2, 1892
Do
J u n e 6, 1892
Red Cloud National Bank of
July 1,1891 Jan. 7, 1892
Red Claud, Nobr
Apr. 19, 1892
Do
Aug. 1, 1892
Do
I
Maverick National Bank of !
Boston, Mass
I Nov. 2,1891 Jan. 14, 1892
Do
Feb. 23, 1892
Do
Apr. 14, 1892
Do
J u n e 4, 1892
Do
Oct. 31, 1892
Pratt County National Bank
oi Pratt, Kans
Apr. 7,1891 | J a n . 18,1892
Spring Garden National Bank i
of Philadelphia, Pa
I May 21,1891 Jan. 25, 1892
Do
|
J u n e 20, 1892
First National Bank of Kansas City, Kans
Aug. 17.1891 Jan. 26,1892
National City Bank of Mar- I!
shall, Mich
June 22,1891
-do .
Do
Aug. 31,1892
First National Bank of Ellsworth, Kans
Feb. 11,1891 Jan. 27, 1892
Do
Oct. 22, 1892
First National Bank of Coldwater, Kans
Oct. 14,1891 Jan. 28, 1892
National Bank of Shelbyville,
Tenn
Dec. 13,1889 Feb. 4, 1892
Do
.do .
Do
Apr. 16, 1892
Do
Apr. 26, 1892
Ninth National Bank of Dallas, Tex
July 16,1891 Feb. 9,1892
Middletown National Bank
of Middletown, N. Y
Nov. 29,1884 Feb. 15, 1892
Do
Feb. 23, 1892
First National Bank of Clearfield, Pa
Oct. 7,1891 Feb. 17, 1892
Do
Aug. 6, 1892
Corry National Bank of
Corrv, Pa
Nov. 21,1891 Feb. 18, 1892
Do
May 9, 1892
Do
Oct. 31,
1892
Central National Bank of
Chicago, 111
Dec. 1,1877 Feb. 23,
1892
Cheyenne National Bank of
Cheyenne, Wyo
i Dec. 5,1891 Mar. 14,
1892
Exchange National Bank of
Norfolk, Va
Apr. 9,1885 Mar. 22,
1892
Park National Bank of Chicago, 111
July 14,1890 . . . . d o ..
First National Bank of Red
Cloud, Nebr
July 16,1891 Mar. 31, 1892
Spokane National Bank of
Spokane Falls, Wash
Feb. 3,189.1 . . . . d o ..
Do.
Sept. 13, 1892
People's National Bank of
Fayetteville, N. C
Jan. 20,1891 Apr. 15, 1892
First National Bank of Meade
Center, Kans
| Dec. 24,1890 Apr. 18, 1892
First National Bank of !
Muncy, Pa
i Feb. 9,1892 Apr. 19, 1892
Do
I
Sept. 14,
First National Bank of
1892
A noka, Minn
Apr. 22,1889 Apr. 22,
First National Bank of Corry,
1892
Pa
".. Oct. 11,1887 Apr. 25,
City National Bank of Hast1892
ings, Nebr
Jan. 14,1891 Apr. 26,
1892




Amount.

Total
dividends
paid dePer cent. positors.

Proportion of
interest
paid depositors.

Per cent. Per cent.
$47,325.46
23, 664. 70
29, 328.77
24, 091. 56
4, 316. 54
25, 741. 77
17, 295. 86

20
10

2, 045, 983. 72
1, 374, 436. 39
1,111,546.04
372,160. 04
378, 268. 78

40
20
15
5

40
50

7
5.75

74.50
80.25

12.50
30
20

12.50
42. 50
62.50
40
60
75
80
85

16, 320. 29

50

70

160, 058. 88
168, 369.14

10
10

10
20

24, 997. 35

i
!

25

31,009. GQ
23, 257. 33
16, 762. 72
11,197. 96

20
15

70
85

15
10

30
40

8, 394. 62

25

25

11. 500. 00
11. 299. 66
11,450.00
8, 412. 31
14,147. 34

8.14
8
8.11
5.927
15

8.14
16.14
24 25
30.177
15

65,127. 02
65,127. 02

90
100

28,189. 96
36, 259.14

25
50

155, 420. 72
53. 650. 68
53, 907.52
16, 687. 02
62, 209. 84
144,329.90
32, 570. 98

30
10
10
5.57
25

30
40
50
65.57
25

5
14.09

100

5,492.06

20

74, 200.07
211, 019.81

20
55

35
90

17,170.14

15

35

5, 552.81

30

30

68, 464. 72 100
1, 305. 66

100
100

100

20

10, 811.28
4, 788. 31
14, 741.14

10
2.75
15

92.75
30

100

74

REPORT OF THE COMPTROLLER OF THE CURRENCY.

DIVIDENDS, SEVENTY-TWO IN NUMBER, PAID TO THE CREDITORS OF INSOLVENT
NATIONAL BANKS DURING THE PAST YEAR, ETC.—Continued,
Dividends paid during the year.

Date of apName and location of bank. pointment of
receiver.

First National Bank of Belleville, Kans
Second National Bank of MePherson, Kans
Madison National Bank of
Madison, S. Dak
First National Bank of Dansville,N.Y
First National Bank of Wilmington. N. C
1)0
Lima National Bank of Lima,
Ohio
California National Bank of
San Diego, Cal
Do.
Do
Asbnry Park National Bank
of Asbury Park, N. J
German-American National
Bank of Washington, D. C.
Pacific National Bank of Boston, Mass
First National Bank of Palatka,Fla
First National Bank of Anderson, Ind
Bell County National Bank
of Temple, Tex
Harper National Bank of
Harper, Kans
Vincennes National Bank of
Vincennes, Ind
State National Bank of Wellington, Kans
Do
Keystone National Bank of
Philadelphia, Pa
First National Bank of Erie,
Kans
First National Bank of Deining,N.Mex
*
First National Bank of Silver
City,N.Mex
First National Bank of
Downs, Kans
Total.

Date.

Amount.

Per cent.

Total
dividends
paid depositors.

Proportion of
interest
paid depositors.

Per cent. Per cent.
Dec. 12,1890 Apr. 26,1892

70

$4, 577.32

15

Mar. 25,1891 . . . . d o

7,338. 07

20

20

June 23,1888 Apr. 28,1892

7, 621. 79

15

30

Sept, 8,1887 May 13,1892

46, 545.88

22.1568

22.1568

Dec. 21,1891 May 19,1892
Aug. 15,1892

75, 620.82
77,852. 63

15
15

15
30

Mar. 21,1892 May 26,1892

54, 075.92

50

50

Dec. 18,1891 June 7,1892
Aug. 31,1892
Oct. 31,1892-

63,856. 93
71,633.83
73,564.99

10
10
10

10
20
30

8,753. 21

100

100

July 2,1891 June 30,1892
Nov.

1,1878 . . . . d o

18,502.18

May 22,1882 July 11,1892

71, 913. 83

3

Aug.

7,1891 J u l y 28,1892

91, 542. 81

35

Nov. 23,1873 July 30,1892

5, 028. 30

Feb. 19,1892 Aug.

18.75

3.50

68. 70
64
35
42

1,1892

6, 814.19

30

Feb. 10,1890 Sept. 26,1892

4, 381. 38

20

July 22,1892 Sept. 29,1892

63, 094. 60

30

Sept. 25,1890 Oct. 4,1892
Oct. 31,1892

14, 280. 21
4,152. 01

25

May 9,1891 Oct. 15,1892

151, 674.70

10

10

July 2,1892 Oct. 26,1892

23,420.70

70

70

Feb. 29,1892 Oct. 31,1892

33, 617.49

25

25

....do

....do

16, 526. 23

20

20

6,1892 . . . . d o

8, 745.57

25

25

Feb.

30

100
100

100

8,103,498. 28

INACTIVE RECEIVERSHIPS.

Sixteen 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 1891 it will be observed that only two
of the banks then reported on the inactive list have been stricken out. In
two other cases the receiverships will be terminated within thirty days.
It is expected that the unsettled affairs of other banks in the list will



REPORT OF THE COMPTROLLER OF THE CURRENCY.

75

be disposed of witliin the next year and the receiverships formally terminated.
The following is a list of receiverships in an inactive condition:
ISTaine and location of bank.

First National Bank, Albion, N. Y
First National Bank, Anderson, Ind
Third National Bank, Chicago, 111
First National Bank of Union Mills, Union City, Pa
German-American National Bank, Washington, D. C
First National Bank, Monmoufch, 111
Mechanics' National Bank, Newark, N. J
First National Bank, Livingston, Mont
First National Bank, Pine Bluff, Ark
First National Bank, Leadville, Colo.
First National Bank, St. Albans, Vt .
First National Bank,, Sioux Falls,,S. Dak
Fifth National Bank, St. Louis, Mo
Middletown National Bank, Middletown, N. Y
Commercial National Bank, Dubuque, Iowa
Gloucester City National Bank, Gloucester City, N. J

Date of appointment of
receiver.

Dividends
paid.
Fer cent.

28.50
Aug. 26,1884
Nov. 23,1873 39.50
I Nov. 24,1877 *100
Mar. 24, 1883
70
Nov. 1, 1878
50
| Apr. 22,1884 *100
| Nov. 2, 1881 67.405
i Aug. 25,1884
95
j Nov. 20,1886
45
1884
40
Apr. 22, 1884
25
Mar. li, 1886 40
1887
I Nov. 15,
96
1884 100
I Nov. 29,
Apr. 2, 1888 50
June 10, 1890 40

*And interest.

The total number of national banks organized since February 25,
1863, is 4,811, of which 3,788 are now in operation, 1,023 having passed
out of the system, accounted for as follows:
Passed into voluutary liquidation to wind up their affairs
Less number afterward placed in the hands of receivers

671
9

Passed into liquidation for purpose of reorganization
Passed into liquidation upon expiration of corporate existence *
Placed in hands of receivers

662
80
102
181

Less number restored to solvency and resumed business
Total passed out of system

1,025
2
1,053

LEGISLATION.

During the past year provision was made by Congress, in an act approved May 12, that any national bank located in the city of Chicago
and State of Illinois might be designated by the World's Columbian
Exposition to conduct a banking office upon the Exposition grounds,
such designation to be approved by the Comptroller of the Currency,
and the branch bank to be subject to the same restrictions and to have
the same rights as the bank to which it belongs. The Chemical
National Bank of Chicago was designated October 18, 1892. The text
of the act is as follows:
That any national bank located in the city of Chicago and State of Illinois may be
designated by the World's Columbian Exposition to conduct a banking office upon
the Exposition grounds, and upon such designation being approved by the Comptroller of the Currency, said bank is hereby authorized to open and conduct such
office as a branch of the bank, subject to the same restrictions and having the same
rights as the bank to which it belongs: Provided, That the branch office authorized
hereby shall not be operated for a longer period than two years, beginning not earlier
than July first, eighteen hundred and ninety-two, and closing not later than July
first, eighteen hundred and ninety-four.




* Sixty of these have been reorganized.

76

REPORT OF THE COMPTROLLER OF THE CURRENCY.

Under the act approved July 28, provision was made for the redemption of certain national-bank notes which had been issued to, or received by, any national bank, but were either lost or stolen from the
bank and put in circulation without signature by the officers or upon
forged signatures. The text of the act is as follows:
That the provisions of the Revised Statutes of the United States, providing for the
redemption of national-bank notes, shall apply to all national-bank notes that have
been or may be issued to, or received by, any national bank, notwithstanding such
notes may have been lost by or stolen from the bank and put in circulation without
the signature or upon the forged signature of the president or vice-president and
cashier.

In the Comptroller's report for 1890 comments were made upon the
provisions of section 3 of the act approved June 30, 1876, affecting the
rights of shareholders of an insolvent national bank after creditors had
been paid in full, principal and interest, under a receivership. In a
few cases shareholders had declined to elect an agent, and there seemed
to be no means for distributing cash on deposit with the Treasurer of
the United States for the benefit of the trust among shareholders by
the payment of dividends. There were othfer difficulties in the application of the law with respect to title to real property passing through
an agent, legal questions arising which provoked litigation. The
amendment, which is in fact in full substitution of the entire section
referred to, is as follows:
That section three of an act entitled "An act authorizing the appointment of receivers of national banks, and for other purposes, approved June thirtieth, eighteen
hundred and seventy-six," is hereby amended so as to read as follows:
" SEC. 3. That whenever any association shall have been or shall be placed in the
hands of a receiver, as provided in section fifty-two hundred and thirty-four and
other sections of the Revised Statutes of the United States, and when, as provided
in section fifty-two hundred and thirty-six thereof, the Comptroller of the Currency
shall have paid to each and every creditor of such association, not including shareholders, who are creditors of such association, whose claim or claims as such creditor
shall have been proved or allowed as therein prescribed, the full amount of such
claims, and all expenses of the receivership and the redemption of the circulating
notes of such association shall have been provided for by depositing lawful money
of the United States with the Treasurer of the United States, the Comptroller of the
Currency shall call a meeting of the shareholders of such association by giving notice
thereof for thirty days in a newspaper published in the town, city, or county where
the business of such association was carried on, or if no newspaper is there published, in the newspaper published nearest thereto. At such meeting the shareholders shall determine whether the receiver shall be continued and shall wind up
the affairs of such association, or whether an agent shall be elected for that purpose,
and in so determining the said shareholders shall vote by ballot in person or by
proxy, each share of stock entitling the holder to one vote and the majority of the
stock in value and number of shares shall be necessary to determine whether the
said receiver shall be continued or whether an agent shall be elected. In case
such majority shall determine that the said receiver shall be continued, the
said receiver shall thereupon proceed with the execution of his trust and shall
sell, dispose of, or otherwise collect the assets of the said association, and shall
possess all the powers and authority, and be subject to all the duties and
liabilities originally conferred or imposed upon him by his appointment as
such receiver, so far as the same remain applicable. In case the said meeting shall
by the vote of the majority of the stock, in value and number of shares, determine
that an agent shall be elected, the said meeting shall thereupon proceed to elect an
agent, voting by ballot, in person or by proxy, each share of stock entitling the
holder to one vote, and the person who shall receive votes representing at least a
majority of stock in value and number shall be declared the agent for the purposes hereinafter provided, and whenever any of the shareholders of the association
shall, after the election of such agent, have executed and filed a bond to the satisfaction of the Comptroller of the Currency, conditioned for the payment and discharge in full of each and every claim that may thereafter be proved and allowed by
and before a competent court, and for the faithful performance of all and singular
the duties of such trust, the Comptroller and the receiver shall thereupon transfer and
deliver to such agent all the undivided or uncollected or other assets of such associa


REPORT OF THE COMPTROLLER OF THE CURRENCY.

77

tion then remaining in the hands or subject to the order and control of said Comptroller and said receiver, or either of them; and for this purpose said Comptroller
and said receiver are hereby severally empowered and directed to execute any
deed, assignment, transfer, or other instrument in writing that may be necessary and proper, and upon the execution and delivery of such instrument to the said
agent the said Comptroller and the said receiver shall by virtue of this act be discharged from any and all liabilities to such association, and to each and all the
creditors and shareholders thereof. Upon receiving such deed, assignment, transfer,
or other instrument; the person elected such agent shall hold, control, and dispose of
the assets and property of such association which he may receive under the terms
hereof, for the benefit of the shareholders of such association, and he may in his own
name, or in the name of such association, sue and be sued, and do all other lawful
acts and things necessary to finally settle and distribute the assets and property in
his hands, and may sell, compromise, or compound the debts due to such association,
with the consent and approval of the circuit or district court of the United States
for the district where the business of such association was carried on, and shall at
the conclusion of his trust render to such district or circuit court a full account of all
his proceedings, receipts, and expenditures as such agent, which court shall, upon
due notice, settle and adjust such accounts and discharge said agent and the sureties
upon said bond. At such meeting, held iis hereinbefore provided, administrators or
executors of deceased shareholders may act and sign as the decedent might have done
if living, and guardians of minors and trustees of other persons may so act and sign
for their ward or wards or cestui que trust. The proceeds of the assets or property of
any such association which may be undistributed at the time of such meeting or may
be subsequently received shall be distributed as follows:
"First. To pay the expenses of the execution of the trust to the date of such payment.
" Second. To repay any amount or amounts which have been paid in by any shareholder or shareholders of such association upon and by reason of any and all assessments made upon the stock of such association by the order of the Comptroller of the
Currency in accordance with the provisions of the statutes of the United States;
and
" Third. The balance ratably among such stockholders in proportion to the number
of shares held and owned by each. Such distribution shall be made, from time to
time, as the proceeds shall be received and as shall be deemed advisable by the said
Comptroller or said agent."
LEGAL DECISIONS.

A digest of prominent national-bank cases up to date will be found
in the Appendix, p. 95. This digest has become necessary in view of
considerable inquiry by the general public, and it affords a convenient
and ready source of reference to every national bank. It is not practicable to include the syllabus of every decision affecting a national bank,
and generally those which are not an exposition of United States statutes are excluded. Much interest has been evinced during the past
few years by bank officials and the general public as to the duty of
directors, and the Supreme Court of the United States recently determined that the directors of a national bank must exercise ordinary care
and prudence in the administration of the affairs of the bank, and this
includes something more than officiating as figureheads; that they are
entitled under the law to commit the banking business as defined to the
duly authorized officers, but are not absolved from the duty of reasonable supervision, nor permitted to be shielded from liability because of
want of knowledge of wrongdoing, if that ignorance is the result of
gross inattention.
CLEARING-HOUSE ASSOCIATIONS.

In our smaller cities it is the custom of banks to send all claims
against other banks in the same place by runners or messengers to
such banks for payment. In such manner are their exchanges consummated, and in such cases the payment of these claims represents a



78

REPORT OF THE COMPTROLLER OF THE CURRENCY.

money transaction. In our larger cities, in order to save time and labor
and avoid the risk attendant upon the transporting of money about the
streets, and minimize the amount of actual money required to adjust
its exchanges, clearing-house associations have been established,
wherein each bank is credited with what claims it has against the
other members of the association, and debited with the amount that
each of the other members of the association hold against it. The balance only is paid or received in money. Thus each bank adjusts its
day's exchanges, as though all transactions were with one bank instead of with many banks which constitute the other members of the
association.
The total clearing-house transactions in the fifty-seven clearing-house
associations in the United States for the past year aggregate the enormous sum of $61,017,839,067, and this great volume of business was
transacted by the use of only about 8 per cent in currency or money.
These clearing-house transactions have such a direct and important bearing upon the currency of the country that a report upon the currency would
be incomplete that did not include the history of the clearing-house
transactions for a year. For that reason the following tables, giving
full information upon the subject, are submitted.
TRANSACTIONS OF THE NEW YORK AND OTHER
ASSOCIATIONS.

CLEARING-HOUSE

The present membership of the New York Clearing-House Association comprises 46 national banks, 18 State banks, and the subtreasury
at New York, 65 members in all. There are 48 national and 46 State
banks in New York City, and 2 national and 28 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. William Sherer, 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—

Percentages
Treasury
to balances
certificates
Legal
for legal
U.S.
U. S. gold Treasury tenders, sec. tenders
Gold
certificates. notes.*
5193, IT. S. and minor certifi Legal
coin.
tenRevised
cates. ders.
Statutes.

j Aggregate
| clearings.

Dollars.
Dollars.
Dollars,
Dollars.
Dollars.
Dollars.
435,
,
Oct. 1,1891.. 34, 053, 698, 770 1. 584, 635, 500 ! l, 028,443, 000:102,435. 000 353,510, 000 100,247,500 64.9+135.136, 279, 905,2361.,861,500,5751 791,022,000 357, 971, 000 483, 350, 000 229,157, 000 42. 5 57.5
Oct. 1,1892..
Increase.. 2,226,206,466
Decrease..

276,865,0751

J255,536, 000. 129, 840, 000|128,909, 500|
237,421,000
!

*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 J u l y 14, 1890.
They are payable on demand in coin.




EEPOUT OF THE COMPTROLLER, OF THE CURRENCY.

79

The following is a comparative statement of transactions of the
York clearing-house for thirty-iiine 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:
Year.

N o . of
banks.

Capital.*

Clearings.

Balances paid
in money.

Average
daily
clearings.

Average
Baldaily bal- ances to
ances paid clearin money. ings.
Per ct.

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
1892.......
Total

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

64

$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
68, 233, 500

$5, 750,455, 9*7
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, 79li 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
36,279,905, 236

$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, 355, 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
1,861,500, 575

t68, 515, 265 +986, 597, 212,585 1244,285,630,425

$19,104,505
17,412,052
22, 278,108
26, 968, 371
15,393,736
20, 867, 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
118, 561,782

$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, C42, 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
6, 083, 335

t82,470, 719 t3,701, 883

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
5.1

4.4

* The capital is for various dates, the amounts at a uniform date in each year not being obtainable.
t Yearly average for 39 years.
\ Totals for 39 years.

The clearing-house transactions of the assistant treasurer of the
United States at New York for the year ended October 1,1892, were as
follows :
Exchanges received from clearing house
Exchanges delivered to clearing house
Balances paid to clearing house

$330, 904,236.19
124, 324, 688.45
206, 579,547.74

The balances were paid to the clearing house as follows:
United States gold certificates
United States Treasury notes
Legal tenders and change




$83, 355,000.00
75,275,000.00
47,949,547.74
206,579,547.74

80

KEPORT OF THE COMPTROLLER OF THE CURRENCY.

COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE
UNITED STATES FOR OCTOBER, 1892, AND OCTOBER, 1891.
Exchanges for month ended—

Comparisons.

Clearing house at—
October, 1892.
New York
Boston
Chicago
Philadelphia
St. Louis
San Francisco
Baltimore
Pittsburg
Cincinnati
Galveston
Kansas City
New Orleans
Minneapolis
Buffalo
Milwaukee
Detroit
Louisville
Houston
Providence
St. Paul
Cleveland
Denver
Omaha
Indianapolis
Memphis
Columbus
Dallas
Nashville
Hartford
Portland, Oregon ..
Fort Worth
Duluth
Peoria
Washington, D. C .
St. Joseph
New Haven
Salt Lake City
Rochester
Toledo
Springfield
Worcester
Portland, Me
Norfolk
Tacoma
Lowell
Grand Rapids
Sioux City
Syracuse
Seattle
Los Angeles
Wilmington
Lincoln
Des Moines
Chattanooga
Wichita
New Bedford
Lexington
Topeka
Waco
Birmingham
Binghamton
Total

Decrease.




October, 1891.

$3,078, 486, 836

$3,282,109, 628
455,197, 952
421. 521,165 {
311, 008, 476 I
104,433,739 j
83,146, 980
63, 803,117
63,546, 001
60, 666, 500 i
26, 216. 521 j
46,745, 573 J
46,079,497 \
43,743,000 j
37, 663, 594 j
34,251,767 I
30,632,199 t
29,481,919 I
14, 376, 525 j
29, 730, 600 t
24,710,213 I
24, 370, 375 |
21,049,891 j
19,970, 064 I
8,545,637 |
14,888,842 i
14,834,300 i
3,405,639 !
8, 612, 467
9,810,106
12, 923, 924
2, 414, 857
8, 327, 647
8,149,047
7, 267, 251
7, 426, 701
7,114, 966
6, 649, 649
6, 550, 919
No report

456, 632, 613
465, 469. 612
345, 878, 910
106, 999, 568
76,149. 857
67,102, 981
67,455, 887
72,132, 800
19, 042, 990
50,166,415
43,711,182
49,144, 000
39, 245, 547
36, 604, 539
34, 673,510

35, 244,430
14,425, 053
28,961,400
25, 731, 606
26,889,361
21, 645, 860
27, 941, 513
5, 224, 217
9, 339, 621
17, 086.100
3,958, 752
8,453, 404
9, 667, 288
11, 301, 793
2,425,302
8, 770, 000
8,802,115
9, 981,491
8,810, 255
6, 869, 702
7, 636, 000
7, 262, 523
N o report
6,410,110
6 127,397
6,203, 940
4,104, 000
5, 789, 716
3, 460, 764
4,877,645
5, 560, 237
4,405,380
4, 614, 845
3,182, 882
4, 380,090
3, 095, 803
5,410,147
2,025,000
2, 286, 083
2,940, 015
2, 264, 656
1,948, 667
2,419, 884
2, 268, 505
1,284,500

6,104, 861
5, 875,876
5, 847, 287
5,819, 963
5, 044, 413
4,479, 509 j
4,490,406
4,422, 626
4, 056, 694
4, 068,139
3,778,837
3, 700, 603
2,474, 524
4, 338, 791
1, 800,000
2,471, 072
2,491, 823
1, 998, 968
1, 899, 204
4, 736, 581
2,447,574
1,131, 000

5, 400,385,099 j 5,484, 855, 999
| 5,400,385,099
84,470, 900

Increase.

Decrease
3, 622, 792

$1,
43,
34,
2,

434, 661
948, 447
870, 434
565, 829
6, 997,123

3, 299, 864
3, 909, 886
11, 466, 300
7,173, 531
3, 420, 842
2, 368,315
5, 401, 000
1,58J, 953
2, 352, 772
4,041,311
5, 762, 511
48,528 |.
769,
1,021, 393
2,518,786
595,969
7,971,449

200

J.
L
!.
i.
3, 32.1, 420
5, 549, 221

2,251,800 I.
553,113 !.
159,063
142, 818
1, 622,131
10, 445
442, 353
653, 068
2,714, 240
1, 383, 554
245, 264
986,351 !.
711,604 I.
* 305, 249 L
251,521 I.
356,653 L
1,715, 963
745,303
1,01.8," 745
387,239
1,137,611
348,686
546,706

!
!
!
j
595,955

679,487
621,279
1,071, 356
225,000
184, 989

2,316, 697
179,069
153,500 |
153,511, 396

237, 982, 296
153,511,396
84,470,900

81

REPORT OF THE COMPTROLLER OF THE CURRENCY.

COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE
UNITED STATES FOR WEEKS ENDED OCTOBER 29, 1892, AND OCTOBER 29,1891.
Exchanges for week ended—

Comparisons.

Clearing house at—
October 29,1892.1 October 29,1891,
New York
Boston
Chicago
Philadelphia.
St. Louis..
San Francisco
Baltimore
Pittsburg
Cincinnati
Galveston
Kansas City
New Orleans
Minneapolis
Buffalo
Milwaukee
Detroit
Louisville
Houston
Providence
St. Paul
Cleveland
Denver
Omaha
Indianapolis
Memphis
Columbus
Dallas
Nashville
Hartford
Portland, Oregon . Tort Worth
Duluth
Peoria
Washington, D. 0 .
St. Joseph
New Haven
Salt Lake City
Rochester
Toledo
Springfield
Worcester
Portland, Me
Norfolk
Tacoma
Lowell
Grand Rapids
Sioux City
Syracuse
Seattle
Los Angeles
Wilmington
Lincoln
Des Moines
Chattanooga
Wichita
New Bedford
Lexington
Topeka
"Waco
Birmingham
Binghamton,

$760, 238,112
$687,083, 289 $73,154,823
107,151, 050
96,413, 335
10, 737, 715
110, 073, 508
89, 692,167
20, 381,341
86, 062, 551
66, 456, 330
19, 606,221
25, 236, 256
21, 865, 936
3 370,320
17, 812,109
19, 367,197
13, 588, 762
14, 820, 845
1 232, 083
13, 622, 345
16,426, 617
2 804, 272
13, 200,800
15, 613, 000
2,412 200
4, 585,160
4, 724, 801
12, 373, 461
10,313,166
2,060,295
9, 518, 234
10, 610,135
10, 215, 840
9, 247, 600
968. 240
8,165, 882
8, 269,498
9, 306, 432
7, 568,920
1 737, 512
7,435,151
6,661,509
773, 642
7,872, 767
6,190,003
1 682, 764
3, 709,155
2,708, 067
1 001, 088
7, 057,100
7,148, 400
6, 212, 999
5, 221,444
988 555
6, 284,120
4,920,158
1 363 962
5,176, 751
4, 327,932
848 819
7,165,480
4, 763, 303
2 402 177
1,171, 639
2,266, 672
3,782,114
2, 597, 806
3,155, 400
3, 937, 300
781,900
1, 000, 000
784, 597
215, 403
1, 957, 683
1, 793, 038
164, 645
1, 809, 902
2, 208, 747
398,845
2,249,817
2,441, 339
191, 522
502,498
584, 843
82,345
1, 769, 912
2,100,000
330, 088
1, 699, 396
2,126, 766
427, 370
1,445,494
2, 381, 918
936,424
1,600, 000
1,946, 281
346, 281
1, 299,024
1,478, 499
179,475
1.446,480
1, 676,950
230,470
1, 356,152
1, 894,367
53*8, 215
N o report
N o report
1,403, 353
1,235,164
168,189
1,217, 500
1, 371,974
154,474
1, 323,802
1,467, 735
143, 933
1,354, 838
992,059
993,909
1,478, 576
484, 667
884.575
826,429
817,782
1,035,827
218, 045
957,978
1, 336. 907
378, 929
847, 037
939, 800
92, 763
749,421
1,097,084
347, 663
978,200
652, 892
746, 893
1, 039, 665
292,772
519, 560
600,000
80,440
874,139
887,453
13, 314
474,200
367, 000
107, 200
499, 933
531,344
474, 757
380,892
93,865
431,654
" 424,354
7,300
418,204
385,407
32, 797
834,947
1, 320, 797
553, 082
572, 996
334,300
238,300
'6, 000
1,207,167,549
1,058,650,481

Total.
Increase.

9647

Increase.

148,517,068

6




1,058, 650,481

155, 061. 363
6,544, 295
148,517,068

Decrease.

$1, 555,088

139, 641
1, 091,90i

91,300

1,095,033
1,184, 308

362, 779
"58,"i46

325,308

31,411

485, 850
19, 914
6, 544,295

82

•REPORT OF THE COMPTROLLER OF THE CURRENCY.

The following table shows the transactions of the clearing houses
located in fifty-seven cities for the year ended September 30, 1892, from
official returns received from the manager of the New York ClearingHouse Association, comparisons being made with the year ended September 30, 1891, the increase or decrease in the exchanges being indicated :
COMPARATIVE STATEMENT OF THE EXCHANGES OF THE CLEARING HOUSES OF THE
UNITED STATES FOR YEARS ENDED SEPTEMBER 30, 1892, AND SEPTEMBER 30, 1891.

Exchanges for years endedClearing-house at- New "York
Boston
,
Chicago
Philadelphia
St. Louis
San Francisco
Baltimore
Pittsburg
Cincinnati
Oxalveston
Kansas City
New Orleans
Minneapolis
Buffalo
Milwaukee
Detroit
Louisville
Houston
Providence
St. Paul
Cleveland
Denver
Omaha
Indianapolis
Memphis
Columbus
Dallas
Nashville
Hartford
Portland, Oregon.
Fort Worth
Duluth
Peoria
Washington, D. C.
St. Joseph
New Haven
Salt Lake
Rochester
Springfield
Worcester
Portland, Me
Norfolk
Tacoma
Lowell.....
Grand Rapids
Sioux City
Syracuse
Seattle
Los Angeles
Wilmington
Lincoln
Des Moines
Chattanooga
Wichita
New Bedford
Lexington
Topeka
Total.

September 30,
1892.

September 30,
1891.

$36,279, 905,236 $34,053,698, 770
4, 901, 096,976
4,795,594,052
959, 861,142
4,338, 693,167
3,372, 915, 551
3, 671, 149,047
1,124,330,218
1,211, 370,719
905, 864,727
833, 617,126
724, 710, 877
772, 435,133
699, 447, 762
743, 635,356
655, 896, 900
711,350
728,
304,153, 201
276, 252,495
451,745,355
494, 906,132
931, 005
532,110,103
343,247, 803
427, 287, 201
386, 012, 271
409, 405,192
338, 884, 381
353, 849,753
310,737,141
347, 737, 532
367, 501,443
163,893, 754
102, 715, 466
276,980, 218
280, 637, 800
227, 802,173
271, 350, 612
264, 540,195
287, 324, 716
228, 393,982
259, 519, 344
218,446, 893
271,668,937
103, 555, 836
118,636,627
127, 310, 0}4
]40, 387, 378
157, 559, 500
177,384, 700
53, 267, 730
49, 298, 231
79, 833,817
*96,295,409
104,306, 617
109, 746, 541
70,416, 974
*108, 903,862
37,042,947
28, 841, 335
102, 676, 553
93, 413,428
88, 619, 276
95, 873,112
88,173,984
98,005, 354
77, 661,162
89,814, 345
70, 343,940
74,492,129
80,845,166
89,463, 682
75,7«1, 369
77,594, 997
63,624, 286
68, 875, 781
61, 714, 694
64,732, 396
63, 512, 780
62,605,687
56, 710, 906
52,409, 229
50, 383. 690
47,154, 237
41,114^ 780
42, 736,155
42,265,678
48, 622,342
50, 557, 862
54,367,936
44,904,345
47, 687, 537
51,945,910
52, 386, 734
40, 027, 896
37, 097,422
44,573,069
42,482, r
32, 235,901
28, 237,989
38, 290, 778
49, 972, 363
17, 872, 000
*22, 684, 000
27, 849, 364
27, 566,186
23, 282, 932
24,138,424
16, 581,941
*24,352,938
19,921,416
20, 512,044




Decrease.

Increase.
! 226,206, 466
,
105,502, 924
621,167,975
298, 233,496
87,040,501

$72, 247, 601
47, 724, 256
44,187, 594
72,814, 450
162,167, 335
43,160, 977
"43,179,098
84, 039, 398
23,392,921
14, 965, 372
37, 000, 391
1,197, 369
3, 657, 582
43, 548, 439
22, 784, 521
31,125, 362
53,222,044
15, 060, 791
13,077, 364
19,825, 200
16, 461, 592
5, 439, 92*4
38,486, 888

f\

3, 836,491, 783
* For nine months,

61,178, 288

3,969,4G9
8, 201, 612
9,263,125

7,253, 836
9, 831, 370
12,153,183
4,148,189
8, 618, 516
1, 813, 628
5,251,495
3,017,702
907, 093
4, 301, 677
3, 229,453
1, 621, 375
6, 356, 664
8, 810, 074
2, 783,192
440, 824
2, 930,474
2, 090,180
3,997, 912
11, 681, 585
4,812, 000
855, 492
7,770,997
590, 628

61,017,839, 067 57,181, 347, 284 4,071,153,113
57,181,347,284

Increase.

Comparisons.

234, 661, 330
3, 836,491, 783

283,178

234, 661, 330

83

REPORT OF THE COMPTROLLER OP THE CURRENCY.

In 1891 there was a notable decrease in the volume of exchanges,
amounting to over $3,000,000. The year 1892 being placed in comparison, there has been an increase of over $3,800,000.
CLEARING HOUSE OF THE NEW YORK STOCK EXCHANGE.

There was organized on the 17th day of May, 1892, a Stock Clearing
House Association in the city of New York, which has since been in
very successful operation. The object of this association was to avoid
the personal delivery of stocks and enable each broker to adjust his
deliveries and receipts of stocks in precisely the same manner as he
would do were all his transactions of a day with a single broker, instead
of the various brokers belonging to the association. The principle is the
same as that which controls the bank clearing house, and the saving
in time, labor, risk, and use of money or certified checks is equally as
great.
The following statement shows the transactions from date of organization to October 31:
*

Shares
cleared both
sides.

May 17 to October 31,1892

84,808, 800

Date.

Total value
both sides.

$5, 591, 048,200

Share
Value
balances one share balances
side.
one side.
9,202,400

$576,110,200

Cash
balances
one side.
$7,661,400

Number
stocks
cleared.
4 to 16

The practical good accomplished by this exchange is very apparent
and the wisdom of its establishment can not be too highly commended.
When perfected and extended so as to clear all stocks dealt in upon
the exchanges it will practically do away with the evil of overcertification of checks. During, the brief period of its existence it is estimated
that it has reduced bank clearing house transactions $1,643,000,000
and avoided certification of checks to that amount.
SAVINGS BANKS AND LOAN AND TRUST COMPANIES OF THE DISTRICT
OF COLUMBIA.

By act of Congress certain financial institutions, other than national banks, doing business in the District of Columbia, are placed
under the supervision of theJComptroller of the Currency, report to him,
and are examined precisely the same as national banks. These consist
of The National Savings Bank, The National Safe Deposit,Savings and
Trust Company, The Washington Loan and Trust Company, and The
American Security and Trust Company. A detailed report of their
condition on the 30th day of September, 1892, will be found in the Appendix.
STATE, SAVINGS, PRIVATE BANKS, LOAN AND TRUST COMPANIES.

Conforming to the provision of law that devolves upon the Comptroller of the Currency the duty of obtaining and publishing in his
annual report to Congress statements showing the condition of banks
and banking institutions incorporated under State authority, the desired information has been procured, through the courtesy of public
officials, in all but nineteen States and Territories. Of the States from
which no official returns have been received two are located in the



84

REPORT OF THE COMPTROLLER OF THE CURRENCY.

Middle, eight in the Southern, and nine in the Pacific and Territorial
geographical divisions. To statements received from official sources
have been added like information received directly by this Bureau
from incorporated and private banks and bankers, located in States in
which there are no provisions of law requiring such information to be
reported to the State authorities. Over 6,000 such banks and bankers
have been called upon to furnish statements for this report.
The number of incorporated banks in existence on June 30,1892, was
4,668. The number of banks, statements of whose condition have been
received by this Bureau, either directly or by means of their official
reports to their respective State governments, showing their condition on or about the close of the fiscal year ended June 30, last, is
4,418, or over 94 per cent of all engaged in business at that time. The
increase this year over last in number of reporting banks is 664, the
material increase being accounted for, partially, by the fact that in one
State (Nebraska) the banking department, in its abstract, included
private with incorporated banks.
Statements showing the condition of 5,579 incorporated and private
banks have been received, the aggregate resources amounting to
$3,751,649,173. The principal items of assets are $828,739,486 loans on
real estate; $388,749,959 loans on collateral security other than real
estate; $984,274,847 other loans and discounts; $154,025,395 United
States bonds; $403,224,457 State, county, and municipal bonds;
$379,077,437 railroad, bank, and other stocks and bonds; $261,278,559
due from banks and bankers; $97,070,359 real estate, etc.; $197,789,384
cash and cash items. The aggregate capital employed amounts to
$386,394,845; surplus and undivided profits, $323,715,176; deposits,
$2,911,594,571. . Of the 6,579 reports 3,191 are made by State banks,
having an aggregate capital of $233,751,171; surplus and undivided
profits $90,358,180; deposits, $648,513,809. The resources of 168 reporting loan and trust companies are $600,244,908; the capital
$80,645,972; surplus and undivided profits $61,768,148, and deposits
$411,659,996.
The condition of the savings banks of the country is* of special interest owing to the enormous volume of funds in their custody, and to the
farther fact that these funds are largely the savings of people of linn
ited means. Eeports have been received from 1,059 savings institutions, including 416 stock sayings banks, which associations do both a
commercial and savings business. Of this number 643 are conducted,
presumedly, in the sole interest of the depositors, and are classified as
mutual savings banks. The resources of the latter class amount to
$1,605,415,679, being nearly 82 per cent of the total assets of both
classes. An examination of the abstract of the reports of these banks
shows that of this class 450 are located in the Eastern, 181 in the Middle, 1 in the Southern, and 11 in the Western geographical divisions.
A noticeable feature in this connection is the approximately uniform
average deposit, in thesebanks,intheEastern,Mid die, and Western divisions, being $356.87, $352.28, and $376.58 respectively and the average in
all such banksbeing $356.65. It is also noteworthy that while the entire
deposits in mutual institutions are savings accounts, but 82 pAr cent
of the deposits in stock savings banks, as shown by the reports, are of
that class, and the actual percentage is undoubtedly much less, for thereason that in a number of States, notably Vermont, Iowa, and California,
no classification of deposits is made, although accounts of a commercial
nature are taken. The average rate of interest paid or credited to depositors in mutual savings banks appears to be about 4 per cent; simi


REPORT OF THE COMPTROLLER OF THE CURRENCY.

85

lar information is not at command, in respect to stock savings associations, to enable even an estimate to be made, although it would seem
that the rate is slightly in excess of that paid by the former class*
Stock savings banks, with the exception of 15 in the Eastern and 15 in
the Middle States, are located in the Southern, Western, and Pacific
States and Territories.
The aggregate resources of all savings banks amount to $1,964,044,861,
of which loans on real estate amount to $714,832,576; loans on collateral
security other than real estate, $79,173,174 and other loans and discounts, $229,711,725. The following figures represent their investments
in bonds, stocks, etc.: In United States bonds, $133,344,199; State,
county and municipal bonds, $393,190,240; in all other bonds and stocks,
$246,001,306. The amount invested in real estate is $33,097,998 and the
funds deposited in other banks and cash on hand, $81,576,253 and
$33,208,271 respectively. Of the liabilities of these 1,059 institutions,
$37,407,475 represents their capital, $132,880,724 surplus, $27,448,960
other undivided profits, $1,712,769,026 savings deposits and $45,560,592
other deposits,
Of the 5,579 reports of condition received by this Bureau 1,161 were from
private banks and bankers having an aggregate capital of $34,590,227
surplus and undivided profits $11,259,164, deposits $93,091,148.
The following tables present summaries of this information:
AGGREGATE KESOURCES AND LIABILITIES OF ALL STATE BANKS, LOAN AND TRUST
COMPANIES, SAVINGS AND PRIVATE BANKS, 1891-'92.
Loan and
State banks. trust companies.

banks.

Total.

1,059 banks.

168 companies.

3,191 banks.

Private
banks.
1,161
banks.

5,579 banks.

Savings

RESOURCES.

Loans on real estate.
Loans on collateral security other thai
real estate
;
Other loans and discounts
|
Overdrafts
•
United States bonds
;
State, county, and municipal bonds
j
Railroad bonds and stocks
|
Bank stocks
'
Other atocks and bonds
i
Due from other banks and bankers
,
Real estate, furniture, etc
!
Expenses and taxes paid
•
Cash and cash items
•
•
Other resources
Total

$45,025,576 $55,093,822 $714,832,576 $13,782,512
42, 903, 6351256,413,894
611, 750, 855| 73,760,832
4,815, 0471
155,999
912, 123 18,059,578
6,404,311
2, 313,
459, 612 27,617,700
901, 8951 1,608,344
" 52,516,845
45,595,
104, 629, 312| 54,975,325
32,037, 310! 22,617,764
648,269
3, 278, 995!
129, 745, 5781 22, 600, 045!
16, 329, 044 7,767,180!

79.173,174
229,711,725
328, 763
133,344,199
393,190,240
131,215,829
43, 688, 739
71,096,738
81,576, 253
33,097,998
832,059
33, 208. 271
18,748, 297

10,259,252
69,051,435
2,067,627
1,709,495
1,316,540
404,178
703,932
3,268,242
20,097, 669
9, 317,287
846,197
12, 235,490
1, 601, 813

$828,739,486
388,749,959
984,274,847
7,367,436
154,025,395
403,224,457
159,697,319
46, 902, 910
172, 477,208
261, 278,559
97,070, 359
5,605,520
197, 789, 384
44, 446, 334

1,040, 697,731J600,244,9081,964,044,861146,661,673 3,751,649,173
LIABILITIES.

Capital stock
Surplusfund
Other undivided profits
Debenture bonds
State bank notes
Dividends unpaid
Individual deposits
Savings deposits
Due to other banks and bankers
Other liabilities
Total




«

i

|

i 233,751,171; 80,645,972' 37,407,475 34,590,227 386,394,845
; 66,725,191| 45,824,747; 132,880,724 7,730,587 253,161,249
« 23,632,989| 15,943,401
27,448,960 3,528,577
70,553, 927
s
11,365,280'
11,365,280
!
137,232!
137,232
!
756,905
108,479
41,412
906,796
j 648,513,809411,659,996!
45,560,592 93,091,1481,198,825,545
;
j
|l, 712,769,026
712,769,026
i 48,596,672i 3,771,465j
3,593,717 1,745,695
57,707,549
i 18,583,762* 30,925,568!
4,342,955 5,975,439
59,827,724
11,040,697,731jfl00,244,90811,964,044,861146,661,673 3,751,649,173

86

REPORT OF THE COMPTROLLER OF THE CURRENCY.

N U M B E R , CAPITAL STOCK, S U R P L U S , U N D I V I D E D P R O F I T S AND D E P O S I T S OF ALL
STATE B A N K S , L O A N AND T R U S T C O M P A N I E S , AND SAYINGS ( M U T U A L AND S T O C K ) ,
A N D P R I V A T E B A N K S , 1891-'92.

ISTo.
banks.

Classes.
State b a n k s . . . .
Loan and trust companies
Savings banks (mutual) ..
Sayings banks (stock)
Private banks
Total........

Capital
stock.

Surplus.

Undivided
profits.

Deposits.

3,191 $233,751,171 $66,725,191 $23,632, 989 $648,513,809
168 80, 645, 972 45, 824, 747 15,943,40:
411, 659, 996
643
122,457. 267 22, 804,142 1,459,221, 779
416 37,407,475 10,423,457
299,107, 839
4, 644, 818
34, 590, 227
7, 730, 587
1,161
93, 091,148
3, 528, 577
5,579

386, 394, 845 253,161, 249

70, 553, 927 2,911, 594, 571

The distribution of the circulating medium, as shown by the cash
holdings of national banks on July 12, 1892, and by other banks at
date of latest reports to this Bureau, is exhibited in the table following.
The total cash, etc., held by banks other than national was $197,789,384,
of which $8,889,370 was gold, $1,925,187 silver, $22,119,226 specie not
classified, $46,812,692 paper currency, and $118,042,909 cash not classified and cash items. The total amount held by all the banks was
$586,405,103.
STATEMENT SHOWING THE AMOUNT OF GOLD, SILVER, ETC., HELD BY NATIONAL
BANKS ON JULY 12, 1892, 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
Le^al-tender notes
United States certificates of deposits for legal tenders
Fractional currency
Specie, not classified
Cash not classified
Total.

Other (5579)
National
banks (3759). banking institutions.
$96, 723, 083
$8,889,37085, 530,100
8,498, 000
7,466, 596 } 1,925, 187
5,579, 302
25,523,399
21, 325, 840
113, 915, 016 *46,812, 692
23,115, 000
939,383
22,119,226
118,042,909
388,615,719

197,789,384

Total.
$105, 612,453
85,530,100
8,498,000
14,971,085
25,523,399
21,325, 840
160,727, 708
23,115,000
939,383
22,119, 226
118,042,909
586,405,103

* Including national-bank notes and coin certificates.

The following table exhibits by States, Territories, and geographical
divisions the capital employed by national banks on July 12,1892, 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 $1,071,073,048. The capital
of the national banks is $684,678,203; State banks, $233,751,171; stock
savings banks, $37,407,475; private banks, $34,590,227; loan and trust
companies, $80,645,972.




REPORT OF THE COMPTROLLER OF THE CURRENCY.
T A B L E SHOWING, BY STATES AND T E R R I T O R I E S , T H E CAPITAL OF T H E NATIONAL
BANKS ON J U L Y 12, 1892, AND O F T H E STATE, STOCK S A V I N G S , AND P R I V A T E
BANKS AND L O A N 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 T H I S
BUREAU.
National
banks.

States and Territories.

State banks.

New York
New Jersey
Pennsylvania
Delaware
Maryland

$916, 675
2, 340, 000

166, 731, 420

Total
Eastern
States

3,256, 675

Total Middle States. 193,122, 840

44, 788, 610

4, 656, 300
2, 736, 000
2, 588, 500
1,623,000
4, 538, 800
1, 350, 000
3,919,000
1,165,000
4, 435, 000
26, 202, 800
1, 600, 000
15,409,400
10,473,953

6,138,147
1, 343, 537
2,122, 500
1, 533, 027
5,961,595
238, 550
748, 050
3,115,836
2,820,121
450, 000
1, 223, 894
19, 220, 852
4, 017, 967

80, 697,753

48, 934, 076

24,140, 000
43, 797, 800
13,428, 000
38, 856, 000
15, 034, 000
7, 442,150
14, 325, 000
15,166, 000
12, 667,100
13,473, 600

18,265, 545
6,492, 605
3, 586, 700
6, 565,500
2, 016,000
6,286, 900
7,430,200
8, 631,000
7, 953, 353
*14,032, 650

"Virginia
West Virginia
North Carolina
South Carolina
Greoi sjia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas.
Kentucky
Tennessee

r

Total S o u t h e r n
States
Ohio
Indiana
Illinois

.-

"Wisconsin
Iowa
Minnesota
Kansas
Nebraska

T o t a l Western
States
: . . . 198,329,650
282,000
4,415,000
8,985, 000
2,800, 000
625, 000
4,740,000
1,140, 000
1,050,000
2,465,000
2, 660,000
7,640,000
270,000
8,225,000
175, 000
324, 540

Oregon
Colorado
Utah
Idaho
"Montana
Wyoming
New Mexico
North Dakota
South Dakota
Washington
Arizona
California
Oklahoma
Indian Territory

Loan and
trust companies.

8, 275, 000
2, 353. 820
1, 111, 600
12,749,320

725, 000
$827,243
1, 069,706

1,981,435

410,542
34, 525

191, 624

1,514, 773

3, 000, 302

183,462,415

25, 650, 000
1, 470, 000
21, 343, 678
500, 000
1, 500, 000
3, 250, 000

144,447,003
17,662, 495
104, 085, 869
3,313,985
20, 519, 326

53, 713, 678

296,140, 203

220, 540
100, 000
40, 000
718, 360
568, 709
20, 000
275,000
100, 000
139, 350
35, 038

2,674, 907

336,880
91,326
484, 090
2,869,276

1,896,575
6,122,000
8,198,410
5,304,000
225,000

21, 745,985

1,342, 000
1,185,775
1, 369, 720

600,000
1, 009, 047

80, 000
"860,600*
8,197,763

4,253, 912
1,160, 860
3,665,282
3. 070,353
4; 599, 741
772,604
1, 367, 365
5,404, 914
674,443
2,824, 004

23,539,566
141,824
525,400
307,850
72 500
90, 000
240, 900
10,000
511,024
155, 544
93,860

136,560,648
3,050,000
4, 710, 000
730, 000
2,122, 038
3,570,936

14,182, 974

--

1, 565,495
82,050

45, 796, 540

55, 511, 357

10, 746, 810

3, 796,447

Total United States. 684, 678,203

233,751,171

37,407,475

34,590, 227

Total Pacific States.

fi 111 R9R

11, 014, 987
4,179, 537
5, 002.800
3,874,387
11,405,984
1, 699,876
5,426,140
4, 280, 836
7, 355,121
29, 661,426
2, 858,932
34, 630,252
15,170,370

251,800

678,450

81,260,453

607, 000
32,000
145,000
879, 814
1,890,141
2,002,100
281, 064
45, 776, 743

Total.

$12, 018,900
6, 217, 500
7,885, 000
107, 317,500
23, 547, 545
26,475, 970

$7'>5 000

85, 666, 060 1 32,303,700
14, 456, 645
1,735, 850
71, 234,190
8,456, 860
2,133, 985
680, 000
16, 804, 960
1, 612,200
2, 827, 000

,

Private
banks.

$1, 008, 900

$11, 0%, 000
6, 217, 500
7,160, 000
99,042, 500
20, 277, 050
23, 024, 370

Maine
"Vermont
Massachusetts
Rhode Island
Connecticut

Stock savings b a n k s .

4fi.fi1fi.40fi
55,852,262
20,085,053
60,853,241
26, 751, 014
15,096,415
34, 586,152
28, 267, 379
23,444,457
27,506,250
339,058, 628
282,000
5, 898,824
11,296,175
5,486, 617
697,500
5,437, 000
1,412, 900
1, 285, 000
3, 855, 838
4, 705, 685
10,595,960
551,064
63,765, 001
257,050
324,540
115, 851,154

i

80, 645,972

1,071,073,048

* Includes all banks other than national.

The population of the United States by States and Territories on
June 1,18927 as estimated by the Government actuary, the aggregate
capital, surplus, undivided profits, and individual deposits of national
Digitized for and State banks, loan and trust companies, and savings and private
FRASER


88

REPORT OF THE COMPTROLLER OF THE CURRENCY.

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 funds in each class of banks are shown in detail in the
following table. It appears that the population of the country on the
date named was 65,593,000 and the total banking funds $6,390,094,128,
an average of $97.42. The per capita averages in each class of banks
are: National banks, $42.21; State banks, $14.83f loan and trust companies, $8.45; savings banks, $29.81 and private banks, $2.12. The
table referred to is presented herewith:
TABLE SHOWING, BY STATES AND TERRITORIES, THE POPULATION OF EACH ON JUNE
1, 1892, AND THE AGGREGATE CAPITAL, SURPLUS, UNDIVIDED PROFITS, AND INDIVIDUAL DEPOSITS OF NATIONAL AND STATE BANKS, LOAN AND .TRUST COMPANIES,
AND SAVINGS AND PRIVATE BANKS IN THE UNITED STATES ON OR ABOUT JUNE
30, 1892; THE AVERAGE OF THESE PER CAPITA OF POPULATION, AND THE PER
CAPITA AVERAGES OF SUCH RESOURCES IN EACH CLASS OF BANKS AND IN ALL.
Loan J
National! State
banks, banks. companies.

All banks.
Population
States and Territories. June 1,
1892.*

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
I
Ohio
|
Indiana
i
Illinois
!
Michigan
!
Wisconsin
j
Iowa
Minnesota
Missouri
Kansas
Nebraska
Colorado
Nevada
California
Oregon
Arizona
North Dakota
South Dakota
Idaho
Montana
New Mexico
Oklahoma
Indian Territory...
Utah
Wyoming
Washington
Total.

664,000
382, 000
333,000
2,353, 000
360, 000
776,000
6, 212,000
1,522, 000
5,497, 000
173,000
1,059,000
257, 000
1,685,000
784, Q00
1,660,000
1,181,000
1,898, 000
420, 000
1, 565,000
1,326, 000
1,156, 000
2,377,000
1,195, 000
1,883, 000
1,789, 000
3,770, 000
2,234, 000
3,975,000
-2,186,000
1,771,000
1, 964, 000
1,418,000
2,790,000
1,480, 000
1,225,000
478,000
44,000
1,286,000
352,000
63,000
223,000
386, 000
100,000
160,000
161,000
123, 000
190,000
223,000
74,000
410,000
65,593,000

Private
banks.

Aver- Aver- Aver- Aver- Aver- AverCapital, etc. age per age per age per age per age per age per
capita. capita. capita. capita. capita. capita.
$85,438,648 $128.68
95,127,686 249. 02
45,591,380 136. 91
792,197,295 336.67
133,889,192 371.91
210, 733,460 271. 56
1,788,965,731 287.98
86. 32
131,373,896
600,432,442 109.22
90.28
15,618,609
114,129,719 107.77
91.93
23, 628,110
27.35
46,079,691
21.15
16,583,391
9.15
15,195,635
13.81
16,309,849
16.24
30,828,876
19.02
7,991,388
9.56
14,976,816
9.55
12,667,427
32.55
37, 629,386
29.85
70,967,854
6.86
8,197,436
50.91
95,864,039
24.68
44,156,220
67.26
253,570,579
82,201,949
36.80
8O.X)O
318,, 083,219
66.01
144,315,566
57.55
101,931,893
64.74
127,179,219
114,089,026
80.45
63.73
177, 810,895
66,886,577
45.19
61.69
75, 581,363
49,290,328 103.12
853, 990
19.41
287,486,967 223.55
20, 917,104
59.42
1,438,708
22.83
13,190,082
59.14
34.93
13,483,088
3,026,606
30.26
25,186,870 157.41
4, 684,267
29.09
1, 014,085
8.24
657,280
3.46
73.59
16,411,775
4,890,896
31,337,620
76.43

$42.64
43.26
56.84
138.53
128.62
87.54
89.65
50.66
65.86
45.87
57.53
61.60
13.58
12.37
4.47
5.54
6.54
15.57
7.16
2.73
20.16
26.21
3.64
20.50
16.72
43.64
24.74
48.73
28.40
23.10
' 25.40
39.91
25.32
23.97
36.80
83.73
19.41
21.45
47.84
12.67
41.00
20.76
28.74
142.70
24.25
6.17
3.46
38.24
52.29
58.76

97.42

42.21

6,390,094,128

$5.60

$5.40
9.16
41.23
f 96
>
9.56
12.65
5.51
13.32
7.72
3.87
3.15
8.58
2.08
1.00
6.82
10.75
.54
3.06
30.41
6.20
8.65
5.40
7.57
3.78
28.64
12.11
27.59
33.59
15.10
f24.89
6.91

32.21
42.82
7.17
47.«56
5.53
17.47
8.06
2.26
29.96

$80.44
205.76
80.07
165.93
195. 07
167. 69
108.79
24.17
13.87
23.70
42.02
.37

$0.75
"*2.46
.45
*.*45

1.06
.21
5.12
.85
.34
1.64
.30
.16

\*60
.27
1.03

2.80

1.76 I

7.61

1.89
4.44
1.93

90.64
10.40
10.16
14.44
13.19

4.33
4.79
5.29
1.45
5.73
9.34
1.98
2.89
6.12
.4.87

108.91

6.36
.68

10.64
1.87
12.05
31.70
.08
16.00
6.53

2.55
1.18
3.70
.98
1.52
1.12
.06
2.07

13.59
3.29

1.49

13.06
1.55
9.90

"7." 23*"

4.15
12.25
.54

29.81

2.12

14.83

18.14

8.45

* Estimated by Mr. Joseph S. McCoy, Government actuary,

t Average of all banks other than national.


REPORT OF THE COMPTROLLER OF THE CURRENCY.

89

Iii the Appendix 227 tables will be found showing, by States, Territories, and geographical divisions, the condition of banks other than
national, as obtained from both official and unofficial sources 5 aggregate resources and liabilities of each class ; comparative statements of
condition of State banks, 1872 to 1892; loan and trust? companies,
1887->88 to 1891-?92; savings banks, 1887-?88 to 1891- 92; private
banks, 1888 to 1892; deposits in savings banks, number of depositors,
and average amount due each, by States, in 1890-791 and 1891-792; the
gro\A th of savings banks in the United States as shown by the number of associations, number of depositors, and amount of deposits in
the years 1820,1825, 1830, 1835, 1840, and 1845 to 1892, inclusive;
the number, liabilities, and assets at date of failure of State, savings,
private banks, and loan and trust companies in each State that failed
during the year ended June 30,1892; the aggregate number, liabilities,
assets and percentage of assets of State, etc., banks that failed during
the fiscal years ended on June 30,1891 and 1892; reports of condition of
The First Bank of the United States in January, 1809 and 1811; principal items of resources and liabilities of The Bank (second) of the
United States 1817 to 1840; number of banks, amount of specie, circulation, and capital in 1774,1784, and 1790 to 1804; the number and
capital of banks by States, etc., at eight different periods from 1792 to
1830; the number, capital, circulation, deposits, loans, and specie of
banks at various periods from 1811 to 1840; the principal items of resources and liabilities by States, of banks in the United States in 1819,
1834 to 1863, and 1873 to 1892; the number of State banks in the United
States and their principal resources and liabilities in the years 1834 to
1863 and 1873 to 1892, inclusive; the number, average capital, and deposits of all banks, other than national, as shown by reports to the Internal Eevenue Bureau on November 30,1875 and 1876, and on May 31,
1877 to 1882, inclusive; percentage of depreciation of bank notes during
the suspension of specie payments from 1814 to 1817; discount of bank
notes in New York in January, 1835 to 1838, inclusive; highest and lowest price of bank notes in Philadelphia in each year from 1814 to 1823
and from 1834 to 1838.
CONCLUSION.

Prior to the passage of the free-banking act a deep-rooted prejudice
obtained against national banks as monopolies. They were believed to
possess special privileges inimical to the interests of the general public. The act of January 14, 1875, removed all restrictions and extended the powers and privileges of a national bank to any five reputable men who might choose to organize such an institution, thus removing all proper ground of criticism.
All prejudices are long lived, but the one against national banks has
possessed unusual vitality. There are many strong and excellently
well managed State banks. Some of our States have good banking
laws, well enforced, with competent and effective supervision. It is
undeniable, however, that away from its immediate locality, a national
bank enjoys greater prestige than a State institution. The system
lends a credit and standing to its individual members. The actual
advantage which national banks possess have won favor, and the
prejudice once so strong, has yielded and is fast disappearing before
the commercial advantages which the system affords. The large percentage of increase in national banks formed is found in sections where
the prejudice was once strongest. It is very gratifying to note this.
There is no possible conflict of interests between the national system



90

REPORT OF THE COMPTROLLER OF THE CURRENCY.

and State systems of banking. National banks do a purely commercial
business. The various other banking functions are performed by State
institutions, and the different boards of direction are so interwoven as
to indicate the utmost harmony between State and national institutions.
More liberal provisions of law as to circulation or a reduction of the
amount of United States bonds which national banks are compelled to
own, would result in largely increasing the number of banks. As it is,
each year marks a steady growth in number and in public confidence
in the system. They have given the country the best currency and the
best commercial service it has ever had, and the good solid business
sense of the country can be relied upon to protect and preserve the
system.
The work of the Bureau of the Currency is well systematized and is
performed by a thoroughly competent and well equipped force of employes.
This force consists of ninety employes, the number having diminished
from one hundred and twenty-five in 1876 to ninety at the present time,
notwithstanding the fact that the large increase in the number of associations, under the supervision of the Bureau, has necessarily increased the amount of labor to be performed.
I have found all subordinates competent, courteous, and faithful in
the discharge of their duties, and it is with pleasure that I acknowledge the valuable aid rendered by those charged with the labor of preparing the statistical matter which appears in this report.
In the second volume of this report, comprising over 1,300 pages, will
be found a detailed statement of the condition of all the national
banks, as shown by the report of condition of September 30,1892, arranged by States alphabetically and properly indexed.
A. B. HEPBURN,

Comptroller of the Currency.
Hon. CHARLES F. CRISP,

Speaker of the Rouse of Representatives.







APPENDIX.

NAMES AND COMPENSATION OF OFFICERS AND CLERKS IN THE OFFICE OF THE
COMPTROLLER OF THE CURRENCY, OCTOBER 31, 1892.
Name.
A. Barton Hepburn...
Robert M. Nixon
Hopkins J. Hanford..
George M. Coffin
Watson W. Eldridge .
Edwin Z. Perkins
George W. Robertson
Amos Webster
Theodore 0. Ebaugh
Charles J. Stoddard
Edward A, Demaray
Willis J. Fowler
J ohn A. Hebrew
Endicott King
George T. May
Edmund E. Schreiner
Charles McC. Taylor
Walter Taylor
Thomas P. Kane
Harriet M. Black
William E. Colladay
George W. Collison
Sarah F. Fitzgerald
Washington K, McCoy
Isaac C. Miller
:
Joseph K. Miller
Thomas H. Ridgate
Charles A. Stewart
William D. Swan*
Ephraim S. Wilcox
George H. Wood
Willard E. Buell
Eliza R. Hyde
R. Leroy Livingston
Mary L. McCormick
Morris M. Ogden
Carrie L. Pennock
Margaret L. Simpson
Ebenezer Southall
Arthur M. Wheeler
Frederick Widdows
Eliza M. Barker
Eveline C. Bates
Margaret L. Browne
Philo L. Bush
Sarah M. Cartwright
Loren H. Milliken
Marie Richardson
Eliza A. Saunders
Theresa E. Tilley
Anna M. Whiteside
Louisa Campbell
Virginia H. Clarke
Sarah G. Clemens
Mary L. Conrad
William S. Davenport
Arthur L. Hitchcock
Alice M. Kennedy
Emma Lafayette
Franklin L. Mitchell
Anna E. Rhodes
Warren E. Sullivan
Henry F. Loveaire
Thomas H. Austin
Ellen Carey
Geraldine Clifford
Harry Dresbach
E. Allen Frost
Margaret E. Gooding
Mary B. Harvell
Charles S. Hyde
Frank T. Israel




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
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 ...T
do
do
do
do
do
do
do
,
do
do
do
Engineer
Clerk class D
do
do
do
do
do
do
do
do
* Additional aa bond clerk, $200.

Salary.

».
1
I

93

$5, 000
2,800
2,500
2, 200
2,200
2, 200
2, 200
2, 000
2, 000
2,000
1,800
1, 800
1, 800
1, 800
1,800
1, 800
1, 800
1,800
1, 600
1, 600
1, 600
1, 600
1,600
1,600
1, 600
1, 600
3,600
1, 600
1, 600
1, 600
1, 600
1,400
1,400
1,400
1, 400
1, 400
1,400
1. 400
1. 4U0
1, 100
1, 400
1,200
1,200
1, 200
1, 200
• 1, 200
1, 200
1, 200
1, 200
1, 200
1, 200
1, 000
1, 000
1, 000
1, 000
1, 000
1, 000
1, 000
1, 000
1, 000
1,000
1,000
1, 000
900
900
900
900
900
900
900
900
900

94

REPORT OF THE COMPTROLLER OF THE CURRENCY.
NAMES AND COMPENSATION

Name.
Lucretia W. Knowlton
Mary A. Martin
William A. Nestler
.
Mary E. Oliver
Adelia M. Stewart
George C Sutton
Julia 0. Townsend
William J . Tucker
Clara L. Willard
William Griffiths
Silas Holmes
Robert E. Minturn
John F . Robertson
Langston W. Allen
John Earle
Samuel M. Freeman
M^adison L. Jones
Daniel H. Mason
William W. Watson

'.

OF OFFICERS

AND CLERKS,

ETC.-—Continued.

Grade.

Salary.

Clerk class D
do
do
. . . .do
do . .
do
do
do
do
Messenger
Assistant messenger
do
do
Watchman
do
Fireman
Laborer
do
do..
...

$900
900
900
900
900
900
900
900
900
840
720
720
720
720
720
720
660
660
660

EXPENSES OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY FOR THE
TEAR ENDED JUNE 30, 1892.
For special dies, plates, printing, etc
$76, 935.33
For salaries
102,, 670.76
For salaries, reimbursable by national banks
:
16, 644.42
Total expenses of the office of the Comptroller of the Currency from its organization,
May, 1863 to June 30,1892
7,^64,464.51
The contingent expenses of the office are not paid by the Comptroller, but from the general appropriation for contingent expenses of,the Treasury Department; no separate account of them is kept in
this office.
NAMES AND ADDRESSES OF NATIONAL BANK EXAMINERS, OCTOBER 31, 1892.

Names.
Ainger, D. B
Alden,LS
Bostwick, Frederic
Betts, Madison
Brush, Chas. H
Campbell, Chas. J
Carskadon, James T
Chamberlain, Wm. H
Clary, Charles
Cook,Dayid A
Day, Daniel
Dengler, Chas. H
Diamond, John E
Dorr, Chas. M
Ewer, Alfred
Ford, Geo.H
Galbreath. G. W
Gatchell, Jeremiah
Gannon, John J
Getman, E. M
Griffith, John M
Groesbeck, Leonard H
Hardt,Wm.M
Heald, Wm. H
Holman, Geo. W
Jamieson, Chas. T
Kellogg, Edgar J
Kemp, Harlan W
Kimball,Wm.H
McHugh, John
McKnight,J.M
Miller, Wm., jr
Parker, Frank W
Stone, Geo.W
Stone, Geo. A
Sturges, James D
Tate,S.McD
Wilder,IraH
Wilson, Amos E
Wilson, Eugene T
Young, Hugh



4
u
*
:
:

Post-office.
Charlotte, Mich.
Warren, Pa.
Pine Plains, N. Y.
Wilmington, Ohio.
Fergus Falls, Minn.
Montgomery, Ala.
Keyser, W. Ya.
322 Geary street, San Francisco, Cal.
Spokane, Wash.
Ottawa, 111.
Providence, R. I.
Pottsville, Pa.
Sioux Falls, S. Dak.
Great Falls, N. H.
P. O. Box 2352,50 State street, room 25,
Boston, Mass.
Burton, Geauga County, Ohio.
Sedalia,Mo.
East Black stone, Mass.
Dallas, Tex.
976 Broadway, West Troy, N. Y.
Wahoo, Nebr.
Lansingburg, N. Y.
422 North Thirty-second street, Philadelphia, Pa.
Spokane, Wash.
Rochester, Ind.
Urbana, Ohio.
Craig, Mo.
Montpelier, Yt.
45 Broadway, New York, N. Y.
Cresco, Iowa.
Louisville, Ky.
Mercer, Pa.
Lewiston, Me.
1603 Broome street, Wilmington, Del.
Dallas, Tex.
511 Webster avenue, Chicago, 111.
Morganton, N. C.
Flint, Mich.
McPherson, Kans.
Ellensburg, Wash.
Central Hotel, Pittsburg, Pa.

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) Bases for estimation of dividends; (8) Set-off; (9) Claim
for breach of contract of lease.
JX. Receiver.
(1) Officer of the United States; (2) Whom he represents; (3) How far subject
to Comptroller's orders; (4) Power of courts to appoint; (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 whjcjj. has gone into liquidation.




96

REPORT OF THE COMPTROLLER OF THE CURRENCY.

X. Taxation.
(1) What may be taxed; (2) Rate; (3) Valuation; (4) Exemptions; (5) Collection of tax from association; (6) License tax; (7) Powers of taxing
officers; (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; (6) 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.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

97

I. CONSTITUTIONAL LAW.
1. POWERS OF CONGRESS:

(a) Congress has the constitutional power to incorporate banks. (McCulloch v.
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 Md., 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 Book v. United
States, 101 U. S.,1.)
(f) Such a tax is not a direct tax within the meaning 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 Mechanics1 National Bank of Little Bock v. United States, supra.)
(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 Bank v. 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 7in so far as Congress may see proper
to permit. (Farmers and Mechanics Bank v. Bearing, 91 U. S., 29.)
(b) No authority from the State is necessary to enable a State bank to conA^ert itself into a national banking association. (Casey v. Galli, 94 U. S.,
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 Bank of Fairhaven v. The Phoenix Warehousing Company.
6 Run, 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 collateral security for a loan. (Shoemaker v. The National Mechanics7 Bank, 2
Abb. U. S., 416; Canfield v. The Slate National Bank of Minneapolis, U. S.C. C. (Dist. Minn.), Thomp. Nat. Bank Cos., 312.)

9647

7




98

REPOKT OP THE COMPTROLLER OF THE CURRENCY.

2. As TO COLLATERAL SKCIKITIKS—Continued.

(b) And it may take for such |mrposo the stock of another national banking
association. {National J><i/iky. Case, 99 U. S., 628.)
NOTE.—Bnt 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. (Piilxhurg Locomotive and Car llorks v. State National
Bank of Keokuk, U. S. 0. C. (Eighth Circuit, 1875), 2 Cent. L. ,/., 692; 1
New York Weekly Digest, 332.)
(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 i'or merchandise. (Cleveland, Brown *f 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;
see also National Bank v. Matthews, 98 U. 8., 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. Merchants1 National Bank, 16 Kans., 341; Holmes v.
Boyd,90Ind.,S32.)
(?) 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.)
o. 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'7 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 Leaven v. First National Bank,
54 N. Y., 671; Yerkes v. National Bank of Port Jervis, 69 N. Y., 383; Leach
v. 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 ucertified" 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 other
than such as are authorized by the national banking law. (Merchant*'
National Bank v. State National'Bank, 10 Wall., 604.)

6. P U R CHASING CHE C K :

A national b nk 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 Bo Chester v. Harris, 108 Mass.. 514.)




REPORT OF THE COMPT1K JELER OF THE CURRENCY.

£)!J

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 x. National'.Exchange"Bank of Baltimore, 92 TJ. S., 122.)
(/>) And when necessary to do so, it may pay the difference between the value
of the stock and the amount of the claim. (Ibid.)
(e) A national banking association may take and hold the coupons of municipal bonds, and may maintain actions thereon. (First National Bank of
North Bennington y. Town of Bennington, U. S. C. C. (Dist. VI.), Browne's
:V. B. Gas., 437; see also Lyons v. Lyons National Ban):, 19 Blatch., 279.)
8. DEPOSITS TO SECURE PERFORMANCE OF 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. (BusJniell v. The Ghaiitauqua County National Bank, 10 Hun, 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. EOANS IN EXCESS OF ONE-TEXTII CAPITAL:

(a) Sec. 5200, lie vised 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 TJ.
8., 610; O\Harev. Second National Bank of Titusville, 11 Venn. St., 96; Shoemaker v. The National Mechanics' Bank, 2 Abb. V. S., 416; Stewart Y. National Union Bank of Maryland, 2 Abb. TJ. 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'Hare 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 Jians., 238.)
(d) Where a State bank makes a loan to one person of an amount iu 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. Crawfordsvillc
Bank, 112 U, S., 405; see also National Bankv, Matthews, 98 TJ. S., 621; National BankY. Whilnm/, 103 TJ. S., 99; Swope v. LeffingiceU, 105 TJ. 8., 3;
ForlierY. New Orleans Bank, 112 U. S., 439.)
(b) The amount of real estate which a national banking association may purchase to secure a pre-existing debt is not limitedto 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 Heading, 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. (Hunt v. Appellant, 141 Mass. 515; Riddle v. First National Bank.
21 Fed. Rep., 503.)



100

REPORT OF THE COMPTROLLER OF THE CURRENCY.

12. LIEN ON DIVIDENDS:

An association lias 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 association it may enforce all contracts made with it while a State corporation.
(City National Bank v. Phelps, 97 N. Y., 44.)
(b) And it is liable, after the conversion, for all the obligations of the old institution. (Coffee v. The National Bank of Missouri, 46 Mo., 140; Kelsey v. The
National Bank of Crawford, 69 Penn. St., 426.)
(e) 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.
(Bans v. Exchange Bank, 79 Mo., 182.)
14. PLACE OF BUSINESS:

(a) The provisions requiring "the usual business" of the association to be
transacted "at 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 not be transacted at the
banking-house may be done elsewhere. (Merchants? Bank v. State Bank,
10 Wall., 604.)
(b) 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 in 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. Rep., 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 such 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.)
III. 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.
Hoch, 89 Penn. St., 324; Weckler v. The First National Bank of Hager stow n,
42 Md., 581.)
(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.
2. Pi'i:.ciiA»sij\<i XK<ioi IAHLM

101

I'APKK:

A national banking' association can not purchase negotiable paper. (Lazexw v.
National Union Bank of Baltimore, 52 Md., 78; First National Bank of
Rochester v. Pier son, 2i Minn., 140; see also Farmers and Mechanics1 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. (Johnson v. Charlotiesville National Bank, 3 Hughes, 657; Seligman v. Charlottesville National
Bank, 3 Hughes, 647.)
(&) A national banking association can not guaranty the paper of a customer
/or his accommodation. (Seligman v. Charlottesrille 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. (Johnson v.
Charlottesville National Bank, supra.')
4. MORTGAGES ON REAL ESTATE:

(a) National banking associations are by implication prohibited from takingmortgages 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. Itowell, 2 Dill., 371; Commonwealth Bank v. Clark,
4 Mo., 59; Crocker v. Whitney, 71 T . F., 161; Fridley v. 7*owew, 87 77Z., 151.)
V
(ft) But where such security has been taken, no one bnt the Government can
be heard to complain that the association has exceeded its powers. (National Bankv. Matthews, supra; National Bank v. Whitney, 103 U. S., 99;
Sivope v. Leffingivell, 105 £7. #., 3; Reynolds v. National Bank, 112 [7. #., 405;
Fortier v. National Bank, 112 17. £., 439.)
NOTE.—These decisions overrule, on this point, Kansas Valley National Banky.
Bowell, 2 Dill., 371; Crocker v. Whitney, supra; Fowler v. Scully, supra;
Matthews v. Skinner, 62 Jfo., 329; Woods v. Peojrte's National Bank of Pittsburg, 83 Peww. ££., 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 such contract cannot question its validity. (Casey v. La Societede 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. B.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; ConkUnv. The Second National Bank,
45 .V". 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 of Xeniav. Stewart, 107 U. $.,676.)
3. MAY BE ATTACHED:

The stock of a shareholder indebted to Tit may be attached by the association
and sold on execution. (Hager v. l nion National Bank, 63 Me., 509.)



102
4.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

CAPITAL

S E T FRKI:

P.I-XONMJS

TO

siiAiu:n(>u>i;i:s:

When a national banking association reduces its capital stock the amount of
capital thus released belongs to the shareholders pro rat a and must be returned to them; and it cannot be retained by the association lor a surplus.
(Seeley v. Xeiv York National Exchange Bank, 8 Daly, 400; S. C, 4c Abb. X.
C, 61; affirmed, 78 X. Y., 008.)
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. (Rich
v. State National Bank of Lincoln, 7 Xebr., 231.)
Q. 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. 8., 800.)
(5) The entry of the transaction in the books of the association is 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 transferred 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 x^asses. (Ibid.)
(f) 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 IT. 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 bank, 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
U. S.t 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 bo.ia 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. Rep., 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.
7.

SlTHSCRJP'MoXK

TO

IN« IIKASK

Oi<

r.VI'ITAI,

STOCK—Coill

1(U

hilled.

( ( ! ) B u t i f s u c h s u b s c r i b e r l i a s a s s e n t e d t o ovy r a t i i i e d t h e < ' h a n g c h e w i i l b e
held a shareholder. (Delano v. Butler, 118 IT. s.% MA.)
(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, 188(J;
and. where an increase is attempted to be made without obtaining tin* consent of two-thirds of the stock, the payment in full 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 «o such increase can not he enforced. (/trmxfroiuj
:
v. Slav age et a I., 37 Fed, Hep., 508.)
(e) A subscriber who has made payments on his subscription to the proposed
increase, believing that the statutory requirements would be complied
with, ii 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 stork
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 maybe cases in which, equity would interfere to protect
him in case of a material deficiency. (Jxp'ntivaU v. Butler, 133 U. S., 595.)
(g) The Comptroller of the Currency has power bylaw 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. (Ihid.)
(h) Where one subscribes lor 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, 111
jr. K, 240.)
8. SPECIFIC PERFORMAXCK OF COXTRACT TO SKLL:

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. (Foil*
Appeal, 81 Penn. St., 434.)
V. SHAREHOLDERS.
1. ESTOPPED TO DENY INCORPORATION:

A shareholder who has held himself out to the world as such is estopped to
deny that the association was legally incorporated. {Casey v. (Udll, 94
U. 8., 673; Wkeehek v. Ko*t, 77 III., 296.)
2.

I N D I V I D U A L LIABILITY :

(a)

The question whether there is a deficiency of assets, and when it is necessary 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 V. S.. 628;
Casey v. Galli, 94 U. $., 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. (Bowdellx.
Farmers and Merchants' National Bank of Baltimore, U. 8. C. C. (/). ~M(L,
1877); Browne's X. B. Cos., 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, lr. S. ]). C. (Dixt. Conn.), reported 41 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 hank, but whose, stock
has not been transferred. {IUvhmoitd v. Irons, 121 U. «S\,27j Darts v. Heed,
)



104

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. IFeed, 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. Bowles, 32 Fed. Rep., 30.)
(h) The United States district court has jurisdiction of an 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. Bernays, 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. 8., 628; Moore v. Jones, 3
Woods, 53; Bowdell v. Farmers and Merchants' National Bank of Baltimore,
supra; Hale v. Walker, 31 Iowa, 344; Wheelock v. Kost, supra.)
(j) And a subscription to stock of a national bank and payment in full on the
subscription and entry of the subscriber's name on the books as a stockholder constitutes the subscriber a shareholder without taking out a certificate. (Pacific National Bank v. Eaton, 141 U. 8., 227.)
(k) 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.)
(I) 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 jput 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.
(m) 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, IT. S. D. C. (Dist. Conn.), reported 44 Conn., 582.)
(n) A 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.)
(o) 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 be set aside and the
individual liability of the transferrer enforced. (Bowden v. Johnson, 107 U.
S., 251.)
(p) The real owner of the stock is liable as a stockholder, though when he
purchased 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.)
(q) 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 TJ. 8.9
634.)
(r) 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.)
(s) 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 contracted 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




REPORT OF TiJK OOMITROLLEK OF THE CURRENCY,

105

2. INDIVIDUAL LIABILITY—Continued.

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. 8., 27.)
(t) The individual liability ofthe stockholders is enforcible 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.fie}).,566.)
(u) 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. C. 32 Fed. Rep., 767.)
(v) Married women, AVIIO are permitted by the laws of the State in which they
reside to become shareholders in national banks, are liable to assessments
under the national banking laws. (In re., First National Bank of St. Allans, 19 Fed. Rep., 120.)
(w) 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 ratably under the statute. (Keyser v. Hitz, 133 U. S., 138.)
(x) 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 such stock. (Brown v. Finn, 34 Fed. Rep.,
124.)
(y) In such case the mere return of the dividends paid upon the stock to the
person by whom the transfer was made will not be a sufficient repudiation
thereof. (Ibid.)
(z) A person who received dividends on shares of stock standing in his name
on the books of a national bank is estoppecUfrom denying his liability on
the ground that he returned the same by check to an officer of the bank.
He is presumed to be the owner of the stock when his name appears upon
the books of the bank, and the burden of proof is upon him to show that
he is not in fact the owner. (Finn v. Brown, 142 U. S., 56.)
(aa) 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., 586.)
3. W^HEN 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 books, 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
of the board of directors. (Harrington v. First National Bank of Chittenanao,
S. C. N. T.. 1873. Thomp. N. B. Cas., 761; see also Taylor v. Hutton, 43 Barb.,
195.;




10G

REPORT (>V TllU COMPTROLLER OF THE CURRENCY.

1. TENURE OF OFFICK— ('oniiniKMl.

(&) Directors of nation:) 1 haul;ing 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. Hut ion, supra.)
2. BONDS OF OFFICERS:

(a) It is not necessary that national banking associations shall signify their approval of the 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 of the bond, and from the fact that the officer is permitted to
enter upon or continue in the discharge of his duties. (Grover v. The Lebanon National Bank, 10 Bush., 23.)
(o) 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 deiicit, 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 diligence, 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 Banlc 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. 8. 0. C. (N. I). 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 5200, Revised Statutes,
will be liable to the bank for all damages sustained by it in consequence of
such loan. (Witters v. Soivles, 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. Burt, 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. Y., 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. 8. C. C. (N. 1). N.
Y.), 30 Fed. Hep., 298.)
(d) But directors of a national bank must exercise ordinary care and prudence
in the administration of the affairs of the bank, and this includes something more than officiating as figureheads; they are entitled under the
law to commit the banking business as defined to the duly authorized
officers, but this does not absolve them from the duty of reasonable supervision nor ought they be permitted to be shielded from liability because
of want of knowledge of wrongdoing if that ignorance is the result of
gross inattention, (llr'tgg* v. Spaulding. 141 U. 8., 131.)
(e) 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 States v. Means et
al.,-42 Fed. Rep., 599.)



REPORT OF THE COMPTROLLER OF THE CURRENCY.

107

r>. LIABILITY roll vioi,A'iioxs < i LAW—Continued.
>(/) 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, ilFed. Hep., 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 1 lability, until it has been adjudged by a proper court that such
acts have been done as authoiize a forfeiture of the charter. (Ibid.)
(h) The right to maintain an action under Revised Statues, 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. Overstoh, 43
Fed Rep., 771.)
(i) For services performed by the district attorney in bringing a suit against
a national 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. Hep., 40.)
(j) 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. Hep., 668.)
(1c) 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 al., 44
Fed. lieiL, 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. (Lock-wood v. TJie American National Bank, 9 R. I., 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.Eep., 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.)




108

REPORT Ol1 THtt COMPTROLLER OF THE CURRENCY.
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 understate laws, the rate so limited shall he allowed for associations organized
in any such State under the act," is enabling, and not restrictive; and,
therefore, a national hanking 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.)
(b) 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. 8., 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. Venn., 1878), 11 Bank
Mag., 787; Gruber v. First National Bank, 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 Blatcli., 243.)
(e) Where by the statutes of the State parties are 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 Cah, 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 Bank of Commonwealth v.
Mechanics' National Bank, 94 U. 8., 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
hanking 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. Enox, 111 U. S.,
784.)
(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> S., 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. 8., 27.)
3. USURY:

(a) The usury laws of the States do not apply to national banking associations.
(Farmers and Mechanics' Bank v. Dearing, 91 U. 8., 29; Central National
Bank v. Pratt, 115 Mass., 539; First National Bank v. Gorlinghouse, 22 Ohio
St., 492; Davis v. Randall, Ho Mass., 547; Hintermister v. 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. (Farmersand Mechanics1 Bank v. Dearing, supra; Wiley v. Star1)nek, 44 2nd., 298.)
(c) The taking of illegal interest by a national banking association does not
render the contract void. (Farmers and Mechanics' Bank v. Dearing, supra.)



REPORT OF THE COMPTROLLER OF THE CURRENCY.
3. UsuitY—Continued.
(d) It does not invalidate an indorsement or a guaranty of the notes upon
which the usurious interest was paid. (Gates v. First National Bank of
Montgomery, 100 U. S., 239; Lazsar v. Nation ah Union Bank of Baltimore, 52
Md., 78.)
(e) But usury destroys the interest-hearing power of the obligation; and there
will he 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.
(Shunk v. The First National Bank of Gallion, 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 v. National Bank of GloversviUe, 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; and 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. £., 855.)
(k) Nor can the penalty for taking the usurious interest be recovered byway
of counter-claim in such action, but a separate action must be brought
therefor. (Ibid.)
NOTE.—This case overrules portions of the decisions in Lucas v. Government
National Bank, supra; Overholt v. National Bank, 82 Penn. St., 490; Cake v.
The First National Bank of Lebanon, 83 Penn., St., 303.
(I) 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.
(Bank 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 Perm. St., 490; see also Barnet v. Muncie National Bank,
supra.)
(o) The purchase of accepted drafts by a national bank from the holder without
his indorsement at a greater reduction than lawful interest on their face
value is a discounting of those drafts, within the meaning of Revised Statutes, United States, section 5197, which prohibits such bank from taking
interest on any loan or discount made by it at a greater rate than is allowed
by the laws of the State where it is situated. (Danforth et al. v. National
State Bank of Elizabeth, C. C. of Appeals (Third Circuit), 48 Fed. Hep., 271.)
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 Manufacturers7 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. (Casev. Citizens' Bank of Louisiana, 2 Woods, 23; Mar ket Bank v. Pacific National Bank, 30 Hun, 50.)


110

REPORT OF THE COMPTROLLER OF THE CURRENCY.

3. ASSETS A TRUST F I N D :

Upon the appointment of a receiver all the assets of the association become in
his hands a trust fund which the statute of limitations does not touch or
affect. (Riddle v. First National Bank, U. S. C. C. (IF. 1). Penn.), 27 Fed.
Rep., 503.)
NOTE.—But this point was not necessary to the 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 Bank v. 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.)
(c) 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 Slates, 20 Ct. Cls., 298.J
5. CLAIMS FOR TORTS:

Claims arising out of the nonfeasance or malfeasance of the association should
be paid rat ably with the debts, technically so called. (Turner v. First National Bank of Keokuk et at., 26 Iowa, 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 Society de Credit Mobilier, 2 Wood, 77.)
(b) Revised Statutes, United States, section 5242, which prohibits all transfers
by any national banking association made after the commission of an act
of insolvency, or in contemplation thereof, with the view to a preference
of 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 hitter'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. Hep., 381.)
(e) The insolvency need be in the contemplation of the bank only. It need not1
be known to the person to whom the transfer is made. (Case v. Citizens
Bank of Louisiana, supra.)
(/) 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, for
the purpose and in the expectation of presenting 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. Bill, 23 Fed. Rep., 311.)
(/<) 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



REPORT OF T H E

C O M P T R O L L E R OF

THE

CURRENCY.

Ill

EFERI:X(M;^—Continue.!.

association, and therefore the depositor may reclaim the whole amount
of the deposit; and as he claims under his original title, and not under a
transfer from the association, such reclamation does not amount to a preference.

(Graffie et at. v. Hartley, 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 con1
templating flight.

(Citizens National Bank v. Dowd, 35 Fed. Rep., 340.)

(7c) Where the proceeds of an item indorsed "for collection and return." were
mingled with other moneys of the bank, if it was a breach of trust it was a
conversion, and plaintiff became a simple contract creditor, with no preference at law.

(Philadelphia National Bank v. Dowd, 38 Fed. Rep., 172.)

(I) 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 Bank v. Armstrong, 39 Fed Rep., 231.)

(m) Where plaintiff and defendant banks for several years had ucted as agents
for each other in the collection of checks, notes, and drafts, the practice
being for each to credit the other for checks when received and for drafts
and notes when advised of their payment, and a check was returned unpaid after being credited, the amount thereof charged back again, but
amounts actually collected being mingled with the general funds of either
bank, and where plaintiff sent defendant a note "for collection and
credit" which on maturity was paid by a check and credit was immediately given on the books, but defendant failed and the check passed into
the hands of a receiver—Held, that in view of the course of dealing the
two banks stood in the relation of debtor and creditor with respect to the
amount of the check, and it became part of the assets of the bank. (Franklin County National Bank v. Heal, 49 Fed. Rep., 606.)

(n) Whether the title to a check deposited with a bank passes to the bank
before collection, so as to immediately create the relation of debtor and
creditor between it and the dex>ositor, is a question of fact, depending
upon the circumstances and course of dealing in each particular case.
(City of Somerville v. Seal, 49 Fed. Rep., 790.)

Where a bank in accordance with its custom credited checks deposited by a
customer at the close of each day's business, retaining the right to subsequently charge off the same if returned unpaid from the clearing house,
and the bank became insolvent on a succeeding day, title in the checks
passed to the bank so as to create the relation of debtor and creditor.
(Ibid.)
(o) 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.,

684.)
(p) Where 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 Banky. Armstrong, &2Fed.
Rep., 193.)
(q) Negotiable 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.)




112
6.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

PREFERENCES—Continued.

(r) 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., 123 Court of Appeals, N. Y., 272.)
(s) 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 Boyertown {Court of Appeals, Ky.), 11 S. W. Rep.,
411.)
(t) A bank which collects a draft sent to it by another bank for that purpose,
with directions to remit the proceeds to a third bank for the owner's account does not thereby become a trustee, so that the fund can be followed
into the hands of a receiver, although it had become mixed with the other
cash of the bank before his appointment; especially when it appears that
the business was carried on, and money paid out, for several days after
the collection was probably made. {Merchants and Farmers7 Bank v. Austin et al., 48 Fed. Rep., 25.)
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.f 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 his deposits with the bank. (Platt
v. Bentley, Thomp. N. B., Cas., 758.)
{b) 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
Venn. St., 14.)
(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-oft" 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. Bep.f 63.)
_
*
(d) The endorser of a note discounted by a national bank and which matures
after the bank becomes insolvent and a receiver is appointed is entitled
to set-off against the note the amount of his deposit in the bank at the
time of its failure. {Circuit Court of Appeals {Third Circuit), 51 Fed. Rep,,
506.)
NOTE.—This affirms Yardley v. Clothier, 49 Fed. Rep., 337, and overrules
Armstrong v. Scott, 36, Fed. Rep., 63, and Stephens v. Schuchmann, 32 Mo.
App., 333.
{e) 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. S. D. C. (N. D. III.), May, 1890.)
(/) 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 lessor 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 Safe Deposit and
Trust Co. v. Armstrong, 35 Fed. Rep., 567.)




REPORT OF THE COMPTROLLER OF THE CURRENCY.

113

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. Wilkeson, 8 Ben.,
357.)
2. WHOM HE REPRESENTS:

He represents the bank, its stockholders, and its creditors; but he does not in
any 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
shall be " under the direction of the Comptroller,;; means only that he shall
be subject to the Comptroller's direction, not that he shall not act without
orders. He may bring suit to collect assets without having been instructed
to do so by the Comptroller. (Bank v. Kennedy, 17 Wall.)
(b) The receiver of a national bank is the instrument of the Comptroller, and
may be removed by him. (Kennedy v. Gibson, 8 Wall., 505.)

4. POWER OF COURTS TO APPOINT:

(a) The power of the Comptroller to appoint a receiver is not exclusive; it
does not oust the courts of equity of their authority in the matter; and
therefore a court of competent jurisdiction may place the bank in the
hands of a receiver in cases where, according to the rules of equity, it may
pursue such a course with regard to insolvent corporations generally.
(Irons v. Manufacturers' National Bank, 6 Biss., 301; Wright v. Merchants'
National Bank, 1 Flippin, 561.)
(b) Where a bank has gone into voluntary liquidation, and the Comptroller
has no power to appoint a receiver, a proper court, in a case where such
action is necessary to protect the interests of a creditor, will appoint a receiver for it. (Irons v. Manufacturers' National Bank, supra.)
(c) Where a national bank is insolvent and in process of voluntary liquidation, and its affairs are being greatly mismanaged by its managing agents,
to the injury of its creditors and stockholders, and some of the creditors
and stockholders are being favored to the injury of others, a receiver may
be appointed in such a case, even where the bank only has been made a
defendant. (Elwood 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 the
debtors of the bank when sued by him. The bank may move to have the
appointment set aside, but the debtors can not. (Cadlev. Baker, 20 Wall.,
650; see also Platt v. Beebe, 57 N Y., 339.)
6. RECEIVER'S DECISION NOT FINAL :

The decision of a receiver rejecting a claim is not final. The claimant still
has the right to sue. (Bank of Bethel v. Pahquioque Bank, 14 Wall., 383.)
7. SALE KY:

(a) The receiver can not sell the real or personal property of the bank without
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
can 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 purposes 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 Comptroller
is limited; a person dealing with him in his official capacity is bound as a
matter of law to have knowledge of his authority to act, and if contracts
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
estate of the bank can not be charged for the default or inability of a receiver acting outside of his functions as receiver and beyond the duties
which it involves. (Ellis v. Little, 27 Kans., 707.)
(b) The receiver can not charge the estate of the bank by any executory contract, unless authorized so to do by the provisions of the national banking
law and the order of a court of competent jurisdiction obtaine^upon the
terms of said law. (Ibid.)

9647
8



114

REPORT OF THE COMPTROLLER OF THE CURRENCY.

9. EXPENSES OV RECEIVERSHIP FOR ASSOCIATION WHICH HAS GONE INTO LIQUIDATION :

Where after au association has gone into liquidation a receiver is appointed
at the instance of the creditors, the expenses of such receivership must be
paid by the creditors. The shareholders can not be made individually
liable for such expenses. (Richmond v. Irons.)
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, A 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 its self is invalid. (National
Bank of Virginia v. City of Richmond et ah, 42 Fed. Hep., 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, 45 Kons. 726, 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
taxpayers 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. (Talbot v. Silver Boiv County, Montana, 139
U. 8., 438)
(/) Laws, New York, chapter 596, section 3, which provide 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 umoneyed 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 uf 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. (A Ibuquerque
National Bank v. Peoria et ah (S. C, N. Hex.), January 28, 1892.)
(h) The entire interests of 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 v. People's National Bank, 5 8. C.t 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 association, 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
#» Panic v. Peterborough, 56 N, II., 38.)
'




REPORT OF THE COMPTROLLER OF THE CURRENCY.

115

1. WHAT MAY BE TAXED—Continued.

(I) But, of course, if the surplus is taken into consideration in estimating the
taxable value of the shares, it is not to he 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
alsoNational State Bank v. Young, 25 Iowa, 311, wherein it was held that
the State could tax only the shares eo nomine and the real estate.)
(m) The surplus fund of a national banking association is not excluded in the
valuation of its shares for taxation. (Strafford National Bank v. Dover. 59
N. H., 316.)
(n) Where shares of stock are assessed at their actual cash value, without any
deduction for the real estate owned by the association, the real estate
should not be taxed eo nomine. (Commissioners of Bice 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 of
all other taxes. (Vicksburg Bank v. Worrell, 7 So. Itep., 219.)
(j>) The State can not tax the circulating notes of national banking associations. (Home v. Greene, 25 Miss., 452; contra, Board of Commissioners v.
Klston, 32 Ind., 27; see also Huffin v. 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,
4 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; Van Slyke v. State, 23 Wis., 656; Boynoll v. State, 25 Wis., 112.)
(c) Where by local legislation different rates are prescribed for different
classes of moneyed capital, the rate imposed upon shares of national
banks should approximate as closely as may be the rate imposed upon
other moneyed capital of the same or similar class, viz, shares of State
banks. (City National Bankv. 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. (LionbergerY. House, 9 Wall., 468.)
(e) 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 is
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. (Pelton v. 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 Louis
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 of
computation was erroneous. (Ibid.)
(e) 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 upon
other moneved capital in the State. (Hepburn v. School Directors, 23 Wall.,
 480.)


116

REPORT OF THE COMPTROLLER OF THE CURRENCY.

3. VALUATION—Continued.

(d) Under 1 he statute of New York, shares in national banking associations
should he taxed at their real or market value. (People v. The Commissioners
of Taxes and Assessments, 94 U. S., 415.)
(e) Where shares in national hanking 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.)
(/) And the collection of what is in excess of the rate imposed on the other
moneyed capital may he enjoined. (Ibid.)
(g) It is not required that the State should abandon systems of taxation of
their own banks, or of money 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. $., 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.)
(b) 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 wiH 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. 8., 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. 8., 539, reversing S. C, 67 JV. T.,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 tide debts from the value of such shares of stock. (Wasson v. Bank (Ind,), 8 N. 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 nonresidents 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 Y. City of Richmond et al.} 39 Fed* Rep., 309.)



REPORT OF THE COMPTROLLER OF THE CURRENCY.
\

117

E^MPTIONS—Cojitin ued.

(j) 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 hy 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
companies, manufacturing companies, and insurance companies), does not
invalidate a tax upon national-bank shares. Capital thus employed is not
"moneyed capital" within the meaning of the act of Congress. (Mercantile Bank v. New York, 121 U. S., 138.)
(h) 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 Louisana, 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 nontaxable 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, and it is immaterial
that the same discrimination is made against other corporations. ( Whitney
National Bank v. Parker, 41 Fed. Bep., 402.)
(n) The taxation of national-bank shares by the statute of Indiana without
permitting the owner of them to deduct from their assessed value the
amount of his bona nde indebtedness as he may in the case of other investments of moneyed capital, is a discrimination forbidden by the act of
Congress. (Brittony. Evansvilie National Bank, 105 U. 8., 322.)
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 y. Commonwealthf 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 Dill., 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 that a State may determine the manner of taxing the shares of national banks located in the State. ( Whitney National
Bank y. Parker, 41 Fed. Rep., 402.)
(/) No suit for the collection of a tax under State statutes imposed upon the
shares'oi' stock of a national bank can be maintained against the receiver
of an insolvent national bank where the property represented by the shares
has disappeared; for, there being nothing from which the receiver can be




118

UKPORT OF THE COMPTROLLER OF THE CURRENCY.

5. COLLECTION OF TAX FROM TIIK ASSOCIATION—Continued.

reimbursed, the tax will fall upon the assets of the bank, which belong
to its creditors, and thereby violate the rule that a State can not tax the
capital stock of a national*bank. (City of Boston v. Beal, 51 Fed. lie}).,
306.)
6. LICENSE TAX:

(a) National banking associations can not be subjected to a license or privilege
tax. (Mayor v. First National Banlcof Macon, 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 Me., 274.)
7. POWERS OF TAXING OFFICERS:

(a) Municipal officers can not assess 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.)
(b) 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.
V. S. C. C. (N.I). Ohio, 1878;, Broivne's N/B. Cos., 176.)
(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 of 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 fined not exceeding $100 for failing to make the statement, or for willfully making a false one. (Miller v. First National Bankt
21N.E.liep.,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 visitorial
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. Rhaivn, U. S. D. C. (E. D. Penn.).
Thomp. N. B. Cas., 358.)
if) 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.
Doivley, 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 Bangor, 59 Me.,
416.)
9. LOCATION OF ASSOCIATION FOR TAXING PURPOSES:

An association which opens
another place than that
cated 7 'in that place for
Camden v. Pierce, V\ S.



an office for the purpose of receiving deposits in
in which it was organized does not become "lopurposes of taxation. (National State Bank of
C. C. (E. 1). Penn.), 18 Alb. L. J., 16.)

ilEPOKT OF THE COMPTROLLER OF THE CURRENCY.

1 M)

XL 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:
" 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 deh'ned 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.
"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."
1. JURISDICTION OF FEDERAL COURTS PRIOR TO THE ACT OF JULY 12, 1882:

(a) National banking associations may sue in the Federal courts. The word
" b y " was omitted from section 57 of the act of 186i by mistake. (Kennedy
v. Gibson, 8 Wall., 505.)
(b) 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. S., 770; Mitchell v. Walker U. S. C. C. (W. 1). Perm.,
1879), Broione's N. B. Cas., 180; Commercial Bank of Cleveland v. Simmons,
U. 8. C. C, (W. B. 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 JJ. 8. C. C.
(D. Kans.), 1 Fed. Pep., 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. (Manufacturers1 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 Pittsburgv. Pitlsburg and Castle Shannon Railroad Company, 1 Fed. Rep., 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 their duty regarding such bonds. (Van Antwerp v. JSulburd, 7 Blatch., 425; Van Antwerp v. Hulhurd, 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. Rulburd, 7 Blatch., 426. supra.)



120

REPORT OF THE COMPTROLLER OF THE CURRENCY.

1. JURISDICTION OF FEDERAL COURTS, ETC.—Continued.

(*) 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.
(Cruikshanky. Fourth National Bank, 21B latch., 322: sea also Removal Cases,
115 V. S.,1.)
(j) A United States district court has jurisdiction to authorize a receiver to
compromise a debt. (Matter of Plait, 1 Ben., 534.)
(7c) 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.
(Plait v. Beach, 2 Ben., 303; Stan ton v. IVUkeson, 8 Ben., 357.)
(I) 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. (inreDuryca, U. S. I). C. (S.\l). N. Y.), 17 National Bankruptcy
Register, 495.)
2. JURISDICTION OF FEDERAL COURTS SUBSEQUENT TO ACT OF JULY 12, 1882:

(a) The-tenth subdivision of 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
court is held, has been repealed by the proviso to section 4 of the act of
July 12, 1882. (National Bank of Jefferson v. Fare et al., TJ. 8. C. C. (E. I).
Tex.), 25 Fed. Rep., 200.)
(b) The object of this proviso was to deprive the United States courts of juris• diction 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. (Hendee v. Connecticut and P. R. R. Co.,
26 Fed. Rep., 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. (I). Vt.), 28 Fed. Rep., 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 U. S., 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. Rep., 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. Rep., 577.) On motion
to remand to State court.
(h) 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." ( U. 8. i>* C. (E. I). 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., 217, and Clafflin v. Houseman, 93
U. S., 130.)
(I)) Where a national banking association is sued in a State court, the suit must
be brought in the city or county in which the bank is located. (Cadle v.
Tracey, 11 Blatch., 10i; 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 j^ermissive
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.



REPORT OF THE COMPTROLLER OF THK CURRENCY.

121

3. JURISDICTION OF STATE COURTS—Continued.

(Cooke v. The State National Bank of Boston, 52 N. Y., 96; Robinson v. JVational Bank of New Berne, 81 N. Y., 385; see also Adams v. Daunis, 29 Z«.
^4iw?., Sl5.) And in Talmage v. Third National Bank, 27 Hun, 61, the supreme court of New York' said: "The words of restriction to the place
where said 'association is situated ; apply to the county and municipal
courts, and not to the State courts. In the State courts of general jurisdiction a national banking 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.
(e) 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 resulting from their negligence and misconduct. (Brinckerlwff 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.)
(/) State courts have 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 ret. 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 Winter set v. Eyre, 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. (Casev. 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 New, 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,
287; Green v. The Wallkill National Bank, 7 Hun, 63.)
(b) Where the tax on shares is collected from the association it may bring a
suit to enjoin the collection of an illegal tax. (Cummin gs v. National Bank,
101 U. S., 153; Pelton v. Commercial National Bank, 101 'U. S., 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 banking law, and therefore proceedings based upon a judgment
obtained before the conversion maybe instituted by such association in
its former corporate name. (Thomas v. Farmers' Bank of Maryland, 46
Md., 43.)
(d) The conversion of a State bank into a national bank, with a change of
name, under the national bank act does not affect its identity or its right
to sue npon liabilities incurred to it by its former name. (Michigan Insurance Bank v. Eld-red, 143 U. S., 293.)
(e) 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 Bankv. Gunst, 1 Abb. N. C, 292.)
(/) 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 Rochester
v. Pier son, 24 Minn., 140.)



122

REPORT OP THE COMPTROLLER OF THE CURRENCY.

4. BY AND AGAINST ASSOCIATIONS—Continued.

(g) 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. Savenj, 127 Mass..
75).
(h) 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.)
(i) 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. BY 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. (Nelson 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.
(Brinckerhoffv. Bostxvick, 88 N. Y., 52.)
3. B Y RECEIVERS:

(a) A receiver may sue either in his own name or the name of the bank. (National Bank v. Kennedy, 17 Wall., 19.)
(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 380, 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. (Ibid.)
(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. WilJceson, 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 Bank v. Mixter, 114 U. S., 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; they cannot 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 exrel. 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 priorfcothe commencement of proceedings may be recovered in a single action, whether the amount was in one payment or in
several. (Hinttrmister v. First National Bank, 64 N, Y., 212.)



REPORT OF THE COMPTROLLER OF THE CUUliENCY.

123

5. FOR t - su R Y—C!onti 11 ed.
11
.
(b) Where a bankrupt has paid usurious interest; ILLS assignee may bring an
action against the association to recover the penalty. ( Wright v. First National Bank of Greensburg, 8 Biss., 243; Crocker v. First National Bank of
Chetopa, 4 Dill., 358; 3 Am. L. T. N. 8., 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, 52 Md., 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 " t h e 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. S., 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 Dill., 463.)
(c) But the suit may be in equity. (Kennedy v. Gibson, 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 pro rata distribution. (Bank of Bethel v. Pahquioque
Bank, 14 Wall., 383.)
8. ATTACHMENTS:

(a) When a creditor attaches the property of an insolvent bank he can not
hold such property against the claim of a receiver appointed after the attachment suit was commenced. Such creditor must share pro rata with all
others. (First National Bank of Selma v. Colby, 21 Wall., 609; Harvey v.
Allen, lQBlatch, 29.)
(b) No State court can issue an attachment against the funds of a national
bank. Although the provision forbidding attachments was evidently made
to secure equality among the general creditors in the division of the pro« ceeds 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 5242, 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 overules 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 cases where an act of insolvency has
been committed, oi is contemplated. See also National Shoe and LeatherBank v. Mechanics' National Bank, 89 N. Y., 467; BaynorY. 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,
thpre can be no laws of the State providing for such a remedy on which
the circuit court can act. (Ibid.)
9. 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. 8., 673.)



124

REPORT OF THE COMPTROLLER OF THE CURRENCY.

10. ESTOPPEL—Continued.

•

(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 Fairhaven v. The Phoenix 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. £.,54; Ordway v. 'Central Xational Bank, 47 Md,, 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. $., 66.)
13. SURVIVAL OF SUITS:

Whether a suit against a director for negligent performance 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 depends upon,
State laws. ( Witters v. Foster, U. S. C. C. (Dist. Ft), 2o Fed. Hep., 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 of
nul tiel corporation ; and such certificate, together with proof that the association has 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 J^.,20;
sea also Merchants' National Bank of Bang or v. Glendon, 120 Mass.,,97.)
(b) 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 tbe evidence upon
which he acted. {Casey v. Galli, 94 U. S., 673; Thatcher v. West Eiver 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. (Boivden v. Johnson, 107 U. 8., 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 of nulla bona upon an execution issued against the property of a
national bank is proof of its insolvency. (Wheelock v. Eost, 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 aver and prove
that the assessment was necessary; for the decision of the Comptroller on
this point is conclusive. (Strong v. 8outhworth, 8 Ben., 331} Kennedy v.
Gibson, 8 Wall., 505; Casey v. Galli, 94 U. S., 673.)




REPORT OF THE COMPTROLLER OF THE CURRENCY.

125

XIV. CRIMES.
1. UNDER UMTED STATES LAWS:

(a) The willful misapplication of the moneys and 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.)
(&) 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.
Rep., 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 thafcthe 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. (In the matter of Fan Camp en, 2 Ben., 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 convicted of a substantive felony. (Commonwealth v. Felton, 101 Mass., 204.)
(i) An indictment charging defendants with aiding and abetting a director in
a willful misapplication of the money of an association must state facts
to show that there has been such misapplication committed by the director.
(United States v. Warner, 26 Fed. Hep., 616.)

(j) Allowing the withdrawal of the deposit of one indebted to the association
can not be charged as a misapplication of the money of the association.
(United States v. Britton, 108 U. S., 193.)

(k) 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.)
(n) 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, (United States v. Harper, supra.)




126

REPORT OF THE COMPTROLLER OF THE CURRENCY.

1. UNDER UNITED STATES LAWS—Continued.

(o) It may be made personally or by direction. (Ibid.)
(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 deiraud," etc. (United States v. Crecclius, 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 vyho made oath before
such notary to a false statement of the condition of his association was not
guilty of perjury. (United States v. Curtis, 107 U. S., 671.)
(s) To constitute the offense of willful abstraction by an officer, defined 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 inj ure 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, United States, section 5209, which declares such false entries to be a misdemeanor. (United
States v. Eughitt, 45 Fed. Hep., 47.)
(u) Where false entries were made by a bookkeeper in a statement requested
by a national bank examiner purporting to give the balance due todepositors, which statement it was the duty of the examiner to make and not the
bookkeeper, an indictment for making " false entries in a statement of the
associationv will not be sustained. ( United States v. Eqe, 49 Fed. Rep., 852.)
(v) In an indictment of an officer of a national bank under section 5209, Revised Statutes, United States, for making false entries in a report to the
Comptroller of the Currency, it is no defense that such entries were made
by a clerk and verified by the officer without actual knowledge of their
truth, since it was his duty to inform himself. ( United States v. Allen. 47
Fed. Bep., 696.)
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. St., 372; Commonwealth v. Felton, 101 Mass., 204.)
(b) 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, 94 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.
Tenney, 97 Mass., 50; State v. Fuller, 34 Conn., 280.)
3. TERM " U N I T E D STATES CURRENCY" 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.
Gasting, 23 La. Ann,, 1609.)




REPORT OF THE COMPTROLLER OF THE CURRENCY.

127

NUMBER OF BANKS ORGANIZED, IX LIQUIDATION, AND IN OPERATION, WITH THEIR
CAPITAL, BONDS ON DEPOSIT, AND CIRCULATION ISSUED, REDEEMED, AND OUTSTANDING ON OCTOBER 31, 1892.
Banks.

Circulation.

i Capital :U. S. bonds j
States and Terri- \
j In
tories.
iOrgan-jliqui- In op- stock paid, i on deposit.
oraI ized. j da- tion.
|
! tion.
Maine
New Hampshire j
Vermont
i
Massachusetts.,
lib ode I s l a n d . . .
Connecticut

Outstanding.*

Redeemed.

82 $11,135, 000
54
6, 290, 000
49
7,160,000
267 99. 633,150
59 20, 277, 050
84 22,999, 370

94 j
60

I

285 I
64 I

$3, 861, 400
2, 938,000
3,050,000
22, 217, 450
6,142, 250
6,273, 000

$39, 207, 320
26, 082, 485
34, 373, 060
321, 505, 625
69, 270, 525
89,935, 590

$34, 982, 746 $4, 224,574
23, 085, 843 2, 996, 642
31,628,291 2, 744, 769
296, 775, 031 24, 730, 594
62, 702, 200 6, 568, 325
83, 320, 764 6, 614, 826

Eastern States..

667 I 72

595 167, 494, 570

44,482,100

580, 374, 605

532, 494, 875 47, 879, 730

New York
New Jersey
.
Pennsylvania..-{
Delaware
!
Maryland
I
Dist. Columbia . I

451
126
112
14
435
61
18
69 |
3
18
5

325
98
374
18
66
13

22, 396, 700
4, 31:8, 250
18,448, 050
740, 000
2, 861, 000
900,000

298, 310,
54, 889,
206, 050,
7, 629,
40, 016,
5, 998,

49,664,000

612,894,935

23,912,066
4, 476, 875
50,412, 485 19, 964,452
186, 085, 583
743, 325
6, 886, 590 3, 479, 829
36,536, 801
792, 202
5, 206,5C8
559, 526,186 53,368, 749

193,472,745

Middle S t a t e s . . . ! 1,103
"Virginia
West Virginia..
North Carolina South Carolina .
Georgia
j
Florida
|
Alabama
Mississippi
Louisiana.......
Texas
Arkansas
|
Kentucky
j
Tennessee
j

52
37
B0
18
40
22
37
15
25
244
13
106
76

Southern States J

715

Missouri...
Ohio
Indiana
Illinois
Michigan
Wisconsin
Iowa
Minnesota
N orth Dakota . .
South D a k o t a . . .
Kansas
Nebraska

16 1

?!
2
4
21
3
24
21 !

118

3
42
64
13
40
14
77
46
17
15

i
1

Pacific S t a t e s I
and Territories
Add for inuti- |
lated notes
\.
Total currency j
banks
..;
Add gold banks. j .

5

4, 696, 300
2, 856, 560
2, 876, 000
1, 623, 000
4, 541,000
1, 350, 000
3,919, 000
1,165,000
4, 435, 000
27, 058, 455
1,600. 000
15, 389| 400
10,181, 380

584

81,691,095

81 24, 240, 000
240 45, 864, 670
110 13, 706,850
212 39, 996, 000
104 15, 034, 000
77 7, 517, 050
162 14, 550, 000
72 1 5, 958, 850
34 2, 515, 000
40 2, 735, 000
343 12, 844,100
137 13, 668,100

337
174
284
166
114
220
98
41
51
212
162
1,977

Western States.
Nevada
Oregon
Colorado
Idaho
Montana
Wyoming
Washington
California
Utah
New Mexico
Arizona
Oklahoma
Indian Ter

131

36
29
23
14
32
18
28
13
21
223
30
82
55

1,418,750 |
816,250
819, 000
468, 750
1,086,250
380,000
1,152, 000
353, 750
1, 202, 500
5,390,350 !
260, 000
3, 982, 500
1,479, 000
18,809,100

11 j
5
1
7
10
3
4
3
1

6 I.
349 i 48

13, 252, 980
8,105,800
7,170, 580
5,877, 045
9,182, 250
854, 900
6, 339, 670
848, 820
11,456, 880
12, 080, 310
1, 652, 020
37,136, 315
12, 414,150

7

11. 835, 735 "174177245
7,225, 591
880,209
6, 345, 484
825, 096
5, 426, 438
450, 607
8,070,125 1,112,125
499,167
355, 733
5,151, 699 1,187, 971
557, 363
291, 457
9, 999. 333 1, 457, 547
7,144, 255 4, 936, 055
1, 361, 549
290, 471
32, 867, 671 4, 268, 644
10, 989, 987 1, 424,163

J.26, 371, 720 107, 474, 397 18, 897, 323

2,495, 300
19, 347,585 i
12, 070, 500 109, 242,
4, 376, 050 54, 934,
6, 444, 500 55, 851,
3, 293, 000 30, 705,
2, 034, 250 14, 622,
3, 527, 000 25,160,
1, 929, 800 13, 787,
619, 000
1, 647,
704, 750
1, 930,
2, 997. 250 11, 057,
9, 416,
3, 087, 500

565 I 1,412 208, 629, 620 43, 578, 900
1

225
360
035
915
630
770

282, 000
70, 500
3, 945, 000
794, 800
9, 075, 000 1.699,250
750, 000
'193,750
4, 840, 000
943, 350
1, 360, 000
340, 000
7, 880, 000 1, 758, 000
8, 675, 000 1,518,750
2, 800, 000
475, 000
1, 070, 000
340, 000
300,000
75, 500
190, 000
50, 000
357, 300
90, 000

347,702,885
297, 940
2, 484, 840
6, 551, 310
624, 440
2. 723, 640
' 858. 750
3, 298, 280
5,184, 930
2, 002, 460
1, 788. 290
172! 460
78, 360
91, 840

301 41,524,300: 8,348,900 1 26,157,540

2,482,166
12, 548, 310
4,872,375
6,188,155
3,187. 304
2, 038! 763
3, 458, 546
1, 952,122
564, 253
662, 032
3, 047, 691
2,903,706

303,797,462 43, 905, 423
250, 273
47, 667
1,696,066
788, 774
4, 870,115 1, 681,195
464,164
160,276
1,892,817
830, 823
587,855
270, 895
1, 599,420 1, 698, 860
3, 675, 195 1, 509, 735
1, 520, 630
481, 830
1,468, 899
321, 391
97,580
74,880
12,470 !
65, 890
11,350 i
80, 490
18,144,834

8,012,706
.1

263,263

1, 603, 50J, 085 1, 521, 4'57, 754 |172, 063, 931
3,360,288;
104,952

United States...! 4, 811 1, 025 13.786 692,812,330 164,883,000 11,096,966,925 1,524,796,942 172,432,146
* Including $25,191,083, for which lawful money has been deposited with the Treasurer of the United

States to retire an equal amount of
 restored to solvency circulation which has not been presented for redemption.
tTwo banks
and resumed business, making total going banks 3,788.


128

REPORT OF THE COMPTROLLER OF THE CURRENCY.

SUMMARY OF THE STATE AND CONDITION OF EVERY NATIONAL BANK REPORTING
DURING THE YEAR ENDED SEPTEMBER 'SO, 1892.
Doc. 2,1891.

RESOURCES.
' Loans and discounts.
Overdrafts
U. S. bonds to secure
circulation
U. vS. bonds to secure
deposits
..
iJ, S. bonds on hand..
Stocks, securities, etcj
Due from approved
reserve agents
Due from other national banks
Due from State banks
and bankers
Banking house, fur
niture, and fixtures
Other real estate and
mortgages owned-.
Current e x p e n s e s
and taxes paid
Premiums paid
Checks and o t h e r
cash items
Exchanges for clearing house
Bills of other national
banks
Fractional currency,
nickels, and cents.
Specie, viz :*
Gold coin
G o l d Treasury
certificates
G o l d clearinghouse certificates
Silver coin—dollars
Silver Treasury
certificates
Si 1 ver coin—fractional
Legal-tender notes . .
TJ. S. certificates of
deposit for legaltender notes
Five per cent redemption f u n d w i t h
Treasurer
Due from Treasurer
other than redemption fund
3,
Aggregate
Total specie*..

Mar. 1,1892.

M a y 17,1892.

J u l y 12,1892.

S e p t . 30,1892.

3,092 banks.

3,711 banks.

3,734 b a n k s .

3,759 b a n k s .

3,773 b a n k s . ~

,981,436,697.26 $2,044,841,291.51 $2,095.283,302.27 $2,113,654,680.95$2,153,498,829.47
.61
19,595,927.79;
14,083,875.61
13,077,038.27j 14,102,510.35
17, 542, 258. 64
153, 838, 200. 00!

158,109,300. 00

160,634, 550. 00!

19,186, 500. 00
4,279,750.00!
128, 440, 959. 39

17,416. 500. 00
4,638.190. 00
138, 055. 947. 09

16, 386, 000.001
15,447,000.00!
15,282,000.00
5, 41* 000. 00J
4, 854, 600. 00|
4, 882, 250. 00
144, 058, 062. 77j 151,125, 823,17| 154, 535, 514. 54

161, 939,800. 00

163, 275, 300.00

196,319,537.811

256,750.998.

250, 249,071. 20j

252,473,640.18

236,434,330.89

124,827,315.25!

131,258,888.

130,124, 510. 011 137,125,158. 05

140, 516, 353.09

32,425, 379. 39

32,171,053.

32, 006,102. 99

33,497,034.87

32, 572, 735. 51

70,113,901. 51

70, 271, 609 s

71, 258, 998. 96

71,179, 537. 83j

71, 900,286. 72

13, 935,485. 39

14, 855, 351.

15,303, 080.35;

15,498, 777. 73J

15, 961, 625.14

13,279,136.791
14, 695, 279. 96!

10, 340, 571.
14, 405, 799.

11, 574,071.41
14, 390, 888.43

4, 567.100. O2j
13, 997, 560. 54

10, 317,125. 23
14, 029, 616.43

i

17,939, 023. 04

17,644,105.991

15, 036, 575. 86

16, 849, 439.46

17, 705, 961. 31

108,243, 483.92

129, 515, 655. 34|

99, 954, 483.171

90, 364, 300.19;

105, 522, 711. 81

20, 225,104. 00

19,765,178..ool
C

22, 014, 231.00

21, 325,840.00

19, 557, 474. 00

924, 866. g

837,175.54

924, 375. 50!

939, 382. 87!

934, 648.37

84, 200, 589. 78J

88,426,189. 58

95,104, 913. 95j

96, 723, 0-83.13

95, 021, 952. 77

85,091,060.00

97,841,160.00

96,656,060.0()|

85,530,100.00

71, 050,180. 00

7, 689, 000.00

8, 066, 000. 00

8, 530, 000. 00j

8,498, 000. 00J

7,860,000.00

7,152, 798, 00

7, 304, 242, 00

7, 259, 640.00j

7, 466, 596. OOj

6, 785, 084. 00

18,816, 462.00

22, 954, 656. 00

26, 040, 211.00

5, 555, 720, 70
99,445, 735.00

8, 765,000.00

24,080, 000.00

25,523, 399.001
i
;
5,453, 283. 20J
5, 579, 302.28J
107,981,402.00| 113, 915, 016. 00|
|
j
I
i
26,405,000.001
23,115, 000. 00j

22, 993,451.00

4, 948,124. 97
93, 854, 354. 00

5, 405, 710. 92
104,267,945.00
13,995,000.00

I

7, 092, 591, 94J

7,139, 564. 69

926,158. 95
1,
1, 047, 684.181
1, 051, 339. 53
151
237, 8667210, 07J3,436, 672, 358. 5(5 3,47a 035; "128744 3, 493^ 794,^86^

1, 106,987. 93

6, 682, 280.101

207, 898, 034. 75

6, 898,132. 04

230,147, 968. 28

6, 990, 517,09

239, "044,108.15

J^MlO,1)31787

229; 320, 480 ~

209, 116,378769

LIABILITIES.
|
Capital stock paid in. 677, 356,927.00| 679,970,110. 00 682, 232,158. 00 684, 678,203. 25 686. 573. 015. 00
Surplus fund. .•
j 228, 221, 530.311 234, 069,984. 341 235, 192, 004. 9r 238, 239, 970. 94! 238, 871,424.84
Other u n d i v i d e d |
96,574,522.85! 103, '6, 029. 20J
227, 388. 88; 101 652,754.66
profits
{ 108,116, 263.56
National-bank circulation outstanding. 134, 792,873. 25 137, 627,107.25 140, 052, 343. 50 141, 061, 533. 00; 143. 423, 298.00
i
State-bank circula75, 076. 501
75, 076. 50
74,118. 50
75, 097. 50
71, 507. 50
tion outstanding..
3, 904, 292. 83i
1, 503, 539.
1,470, 937. 98!
1, 657,310. 34
3, 888,865. 78
Dividends unpaid...
753, 339, 679. 86 1, 765^ 422, 983. 68
Individual deposits. , 602, 052, 768.59 1, 702, 240,957. 68 ! 1, 743, 787, 545.10 1,
828,144. 24
10, 823, 973.
14, 478, 542. 91
12, 757, 046. 94 11, 911,030.77
IJ. S. deposits
Deposits of U.S. dis- ,
044, 734.04
4,
3, 955, 227.37
3, 806, 323. 51
3, 625,107.19
3, 356, 091. 88^
bursing officers...!
Due to other national
I
banks
j 292, 480, 956. 07 372, 985, 405.111 361, 593,119. 06! 367, 143, 324. 53! 352, 046,184.05
Due to State banks j
and bankers
j 149, 334, 721. 20j 181, 688, 074. 58; 181, 538, 222. 87' 188, 683, 254. 94J 178, 607,018. 34
aSrotea and bills re- j
132,487.71
090,080.27
9, 181, 650.
16, 325, 642. 89J
8,517,205.
discounted
!
549,163.65
7, 994^ 514.30;
3, 876, 404.
816,163. 49;
4, 581,163.
Bills payable
|
Liabilities other than
979, 746.97
I, 092, 506. 20;
1,178. r.S6.43J
1, 013,181. 26!
4»8 L 983,
those above stated.
, 237, 860, 2i0.07J3,436, 672, 358. 56 3,479, 035,128. 44 »; 4937794, 586. 713,510, "0917897746
Aggregate




REPORT OF THE COMPTROLLER OF THE CURRENCY.

129

COMPARATIVE STATEMENTS OF THE NATIONAL BANKS FOR FIFTEEN YEARS.
Oct. 3,
1864.

Oct. 2,
1865.
1, 643
1, 617
banks. I banks.

RESOURCES.

Millions Millions

Loans
Bonds for circulation
Other "United States bond
Stocks, bonds, etc
Due from banks
Real estate
Specie
Legal-tender notes
National-bank notes
Clearing-house exchanges
United States certificates of deposit
Due from United States Treasurer
Other resources

107.3
14.7
18.1
190.0
16.2
72.3

603. 3
( 331.8
< 95.0
( 15.9
122. 9
17.1
9.2
20;
17.4
103.7

Millio7is. Millions.

609.7
338.6
.3
21.5
103.6
20.6
12.8
157.4
11.8
134. 6

Total.
LIABILITIES.

Capital stock
Surplus fund
Undivided profit
Circulation outstandin
Due to depositors
Due to banks
Other liabilities

420.1
66.7
33.8
297. 9
568.2
112

420.6
78.0
36.1
298.7
603.1
123.1

Total.
Oct. 1, I Oct. 1,
1877. I 1878.
1,919 j 1,970
banks,
banks
RESOURCES.
Millions. 'Millions. •Millions.
944. 2
954. 4
288. 3
383. 3
2a. 6
28.0
23.7
27.8
149.5
134.8
34.7
38.1
19.9
21.2
92.4
80.0
16.1
18.5
100. 3
109.7
20.
42.8

Loans
Bonds for circulation
Other United States bonds
Stocks, bonds, etc
Due from banks
Real estate
Specie
Legal-tender notes
National-bank notes
Clearing-house exchanges
United States certificates
of deposit.
Due from United States
Treasurer.
Other resources

Millions. \Millions. Millions. Millions.
931. 3
337. 2
47.8
34.4
146.9
43.1
21.4
84.2
15.9
100.0
29.2

891. 9i
336. 8!
45. o!
34.5
129. 9|
45. 2j

834. 0
347.6
94.7
36.9
138.9
46.7
30.7
64.4
16.9
82.4
32.7

Total
LIABILITIES.

Capital stock
Surplus fund
Undivided profits
Circulation outstanding..
Due to depositors
Due to banks
Other liabilities
Total

9047

9




458.3
101.1
42.0
317.4
631. 4
171.9
8.5

479.6
110.3
46.
335.1
628.9
143.8
11.5

491.0
120. 3
54.5
340.3
640.0
173. 0
11.5

493.
129. 0
51.5
334. 2
683.8
175.
1

504.
134.4
53.0
319.1
679.4
179. 7
11.8

466.2
116,9
40.9
301. 9
668.4
165.1
7.9
1, 767. 3

130

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING THE AMOUNT OF AUTHOKIZED CAPITAL STOCK OF THE
NATIONAL BANKS ON THE FIKST DAY OF EACH MONTH FROM JANUARY 1, 1871,
TO NOVEMBER 1, 1892, 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.

1871.

January—
February . .
March
April
May
June
July
August
September .
October
November..
December..
1872.

IT. S. bonds
Authorized on deposit to Circulation
secured by
capital stock. secure circu- U. S. bonds.
lation.

$444,590, 411 $346, 297, 700 $306, 307, 762
448. 774, 311
349, 726,300 308, 488, 372
352, 835, 000 310, 665, 932
451, 487, 811
354, 259, 350 314,003, 492
452, 565, 811
355,987, 500 315, 654, 761
453, 715,801
457,463, 651
358, 362, 750 317, 563,171
458,448, 651
359, 885, 550 318,261, 241
461,107,651
361, 922, 550 320,248, 271
463, 617, 976
363,971, 000 322, 484, 071
465,603, 976
366, 094, 350 323,762, 276
466, 578, 976
367,114,450 325, 330, 656
468,173,976
368, 680,300 326, 760,426

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
136,
j 487, 851
487, 699,551

Lawful I Total
money on
deposit to national-bank
notes outredeem cir
standing.
culation.
$3. 309, 548 $309, 617, 220
3j 009, 548 311,497, 920
3, 096, 048 313, 761, 980
3, 096, 048 317, 099,540
2,943,427
318, 598,188
2, 277,109
320, 840, 280
2, 727,109
320, 988,350
2, 727,109
322, 975,380
2, 749, 709 325, 233, 780
2,455, 209
326, 217,485
2, 521, 209 327,851,865
2,838,734
329, 599,160

1873.
January...
February . .
March
April
May
June
July
August
September .
October
November..
December..

370, 240,500 328,465,431
371, 558, 900 330,253, 559
373, 764,450 332, 094, 399
374, 637, 450 333,556,529
376, 732, 950 334, 521,855
378,341, 200 335, 644, 365
380, 440, 700 337, 664, 795
382, 552, 200 339, 094, 675
381,918, 200 340, 649, 960
383, 977,2Q0 342, 227. 690
384,968, 900 343,112, 772
385, 951,400 344,097,112

2,976,154 j
3, 934, 020
4,205,720 I
4,199,113 !
3, 566, 059 j
3, 288, 259
3, 239,159
3,174,359
2,970, 694
3,105,564
2, 508,986
2,404,876

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
350,692,966

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
349,966r859
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

January..
February...
March
April
May
June
July
August
September .
October
November..
December..

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, 889,100
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, 520
351, 981,032
352,718,780
353,368, 065
353,978, 546
354,077,246
354,706,246

503,347, 901 385,128,250
503,467, 901 384,174,950
503, 858,521 382, 076, 650
505,763, 300 380,661,600
506,103, 801 379, 506, 900
508,531, 283 379,126,400
509, 386,283 376, 314, 500
510, 706,283 374,894, 362
510,903, 171 373,956, 762
511, 084,471 371,489,262
511,613, 765 j 367, 549, 412
510,686, 765 ! 365, 836,912

342,333,837
341,121, 249
338,948,494
337, 855,479
336, 697, 831
336,110, 532
334, 698, 341
333, 468, 611
333, 324, 225
331, 239,470
327, 578, 260
326,725,728

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, 216, 902
347,820,830

I

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

1874.
January..
February...
March
April
May.......
June
July
August
September .
October
November..
December..

497, 657,401
498, 777,401
500, 347,401
500,706,401
502,181,401
502, 931,401
503, 301,401

1875.
January
February...
March
April
May
June
July
August- . . .
September..
October
November..
December .




REPORT OF THE COMPTROLLER OF THE CURRENCY.

131

STATEMENT SHOWING THE AMOUNT OF AUTHORIZED CAPITAL STOCK OF THE
NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH, ETC.—Continued.

U. S. bonds
Authorized on deposit to Circulation
secured by
capital stock. secure circu- TJ. S. bonds.
lation.

Date.

1876.
January
February
March
April
May
June
July
August.
September .
October
November..
December..

Lawful
Total
money on
deposit to national-bank
notes outredeem cirstanding.
culation.

j
$51], 155,865 $363, 601. 602 $324,484, 539
510, G19, 965 361, 430, 462 321,319, 645
318,413, 293
510.189,171 356,732,150
! 509, 701, 671 350, 216. 350 312, 850, 786
! 507, 881, 671 346,715! 350 310, 084, 721
I 506,013,371 344, 463^ 850 307,912,468
j 506, 008, 371 341, 394, 750 305,417, 013
505, 226,171 340,071, 850 303,756, 276
504, 971,171 338, 673, 850 302, 847, 886
504, 027,171 337, 955, 800 301, 819, 811
502, 752,171 337, 727, 800 301, 658, 372
502, 652,171 338, 261, 800 301, 844, 917

$21,995, 217
22, 648, 884
24, 405, 780
27, 627, 308
28, 755,191
28, 753. 462
27. 58i; 323
25, 982, 339
23, 087, 016
22, 532, 933
21,582,936
20,114, 674

$346,479, 756
343, 968, 529
342, 819, 071}
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

1877.
January—
February..
March
April
May
June
July
August . . .
September.
October —
November.
December .

501, 392,171
497, 335, 071
496, 770, 571
494, 783, 571
493, 821, 771
493,126, 271
487, 868, 771
487, 221, 771
486, 605, 271
486,449,271
486, 677,771
486,742, 771

338,191, 300
338, 885, 450
338, 866, 550
340, 537, 600
340, 732,100
340,415,100
338, 713, 600
337, 761, 600
337, 684, 650
338, 002, 450
343,048, 900
345,130, 550

302, 020,
302,201,
302,416,
303, 52;
304,407,
304, 766,
303,108,
302, 239,
302, 440,
302, 885,
305,094,
308, 642,

19, 575, 364
18,160,486
16, 728, 336
16,146, 363
15, 386,137
14,329,272
13,940, 522
14, 426. 746
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
319, 096, 212
317,048, 872
316,665, 958
316, 686, 698
317,324, 069
318, 207,231
320, 631, 719

485, 557, 771
484, 836, 371
482, 952,071
482,144, 671
481, 019, 671
480, 660, 571
479,627,996
477, 675, 996
477, 698, 296
476, 335, 396
473, 865, 396
473, 859,396

346,187, 550
346, 302, 050
346,522, 550
346, 336, 250
347, 711, 850
349,166, 450
349, 546, 400
348, 880, 900
349, 049, 450
349, 560, 650
349,408, 900
349,795, 000

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
3x3,159,592
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

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

323, 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
464,915,185
465, 205,185
465, 915,185
466, 267,285
466, 245, 085
466, 590, 085
467, 639, 085

367, 021, 000
364, 765, 900
362, 728, 050
363, 656, 050
363, 003, 650
362, 715, 050
361, 652, 050
361,152,050
361,113,450
359, 935, 450
359, 748, 950
359,808,550

328, 773,639
326, 785, 599
325, 032, 790
325,425, 390
325, 519, 740
325, 301, 700
324,242, 730
323, 886, 720
323,903, 330
323, 056, 530
322, 798,130
322, 206, 550

13, 613, 697
16, 945, 310
18,604,197
18,959, 687
19,410, 910
19, 882, 033
20, 262, 697
20, 266, 967
20,153, 448
20, 848, 363
21, 035, 977
21, 500, 091

342, 387, 336
343, 730, 907
343, 636, 989
344, 385, 077
344, 930, 650
345,183,733
344, 505,427
344,153, 687
344,056,778
343., 904, 893
343, 834,107
343,706, 641

467, 039, 084
466, 981, 785
466, 640,185
466, 890,185
467, 542, 685
468, 557,685

359, 823, 550
359,811, 050
345,739, 050
351,480, 000
354, 683, 000
358,829,900

322,832,101
322, 654, 721
305, 587, 202
309,034, 317
316, 226,247
318,497,814

21, 523,102
21, 895, 977
38,447, 716
38, 538,105
36, 374, 920
35,653, 904

344. 355, 203
344; 550, 698
344, 034, 918
347, 572, 422
352, 600, 567
354,151,718

1878.
January—
February...
March
April
May
June
July
August. . . .
September .
October. . . .
November..
December ..
1879.
January...
February..
March
April
May
June
July
August
September.
October . . .
November.
December.

January..February..
March
April
May
June
Julv
August . . .
September
October —
November.
December.

1880.

1881.
January..
February.
March . . .
April
May
June




132

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING T H E AMOUNT OF A U T H O R I Z E D CAPITAL HTOCK OF T H E
NATIONAL BANKS ON T H E F I R S T D A Y OF EACH MONTH,, ETC.—Continued.

Total,
national-bank
notes outstanding.

Circulation
secured by
U. S. bonds.

Authorized
capital stock

Date.

1881.

July
August
September.
October
November.
December .

$169, 382, 685 $360, 488, 400
470,322,685
362,684,000
471,282, 935 304, 285, 500
472, 565, 935 365, 751, 500
466, 307, 335 369, 608, 500
467, 907,335 371,336,100

$321,148, 399 $33, 894, 276
323,478, 586
33, 846, 027
325,324, 746
32, 675, 940
326, 513, 546
32, 237, 394
329,180,122
31,164,128
331, 729, 532 30, 438, 878

$355,042,675
357, 324, 613
358,000, 686
358, 750, 940
360, 344, 250
362,168,410

1882.
January
February...
March
April
May
June
July
August
September.
October
November..
December .

470,018,135
472, 303,135
473,*866, 240
475, 411, 240
478, 013, 940
482, 954,940
486, 511, 335

371, 692,100
371,270,200
370, 602, 700
369, 900, 700
366, 359, 650
364, 079, 350

332, 398, 922
331, 682, 622
331,230, 311
331, 242, 702
327, 729, 622
323, 919, 522
320, 312, 832
319, 805,161
320,769,739

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

487, 803, 635
487, 538,635
489, 741, 635
491, 591, 635
493,176, 635

361, 212, 700
362, 736,500
361,452, 350
362, 043, 250
362, 505, 650
362,174,250

January..
February...
March
April
May
June
July
August
September .
October
November..
December ..

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
515, 528,135
516, 608,135
516, 348,135

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,"'
320, 235,
319, 849,
319,899,
319, 013,
319, 249,
319,461,
318, 367,
S16, 278,
316, 020,
314, 573,

40, 265, 049
40,540,877
41,084, 788 I
39, 945. 249 I
39,368,605
39,150, 326
37,565,704 j
36,310,284 i

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

January
February..
March
April
May

518, 031,135
517, 380, 635
519,104, 635
521, 573, 635
523, 348, 635
525, 992,165
528. 784,165
530,784,165
532, 274,165
532, 749.165
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, 099, 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

I 529,910,165
530,380,165
530,590,165
531,151,165
531,241,165
530, 830, 865
531, 540,465
532, 328, 465
532, 749,965
532, 034, 965
532, 877,965
533,447,965

318,655,050
317,282, 600
315, 854, 500
315, 386, 850
315,127,450
313, 428, 700
312,145, 200
310, 225,150
309, 768,050
309, 074,550
308, 364, 550
307, 544, 250

285,496,055
284,127, 895
282,772,315
282,336,725
282, 434,075
280,831, 610
279, 528,175
277, 826,775
277, 371, 525
277,149, 661
276, 304,189
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

!
|
j
|

306,008, 750
302, 257, 000
296, 780, 400
289, 729, 650
285, 447, 950
279, 537,400
275, 974, 800
273, 549, 800
270,524,150
261, 848, 900
245, 444, 050
234, 991, 800

274,466,748
271,065, 593
266,047,488
259, 405, 300
255, 322,541
250, 257, 632
247, 087, 961
244, 675, 012
242,168, 247
234, 682,736
219, 710, 656
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
G8, 828, 505
81, 819, 233
88,781, 909

317,443,454
318, 017,432
318,096, 505
316, 231, 527
313, 877, 588
311, 838, 294
309, 010,460
306, 826, 757
304, 674, 004
303, 511, 241
301,529, 889
299,307,510

323, 487, 353
324, 304,343
323,820,480

1883.

June
July
August
September.
October —
November..
December .
January
February
March
April...!
May
June
July
August
September
October
November
December

j
j
I
I
!
!
!
j
i
1886.

January
February
March.."
April
May
June
July
August
September
October
November
Pecember . . T

,..,.„..,..„„.




534,378,265
535, 398, 265
537,896,965
538, 652, 065
540, 414, 565
543, 669, 565
545, 206, 565
549, 542, 565
550, 252, , 565
553, 002, 565
552,775,165
553,855,165

REPORT OF THE COMPTROLLER OF THE CURRENCY.

133

STATEMENT SHOWING THE AMOUNT OF AUTHORIZED CAPITAL STOCK OF THE
NATIONAL BANKS ON THE FIRST DAY OF EACH MONTH, ETC.—Continued.

Date.

January
February
March
April
May
June
July
August
September
October
November
December

1887.

Total
notes outstanding.

U. S. bonds
Authorized on deposit to Circulation
secured by
capital stock. secure circu- XJ. S. bonds.
lation.
$555,865,165 $229, 438, 350 $205, 316,
557, 684,165 223,926, 650 200, 268,
559,986,665 213, 639,150 191, 004,
561, 321, 665 206,938,000 185,009,
564,346,665 202, 446, 550 181, 026,
571, 583, 665 200,939,100 179, 309,
574, 703, 665 191, 966, 700 171,629,
578,826, 215 189,445, 800 169, 303,
581, 046, 215 190, 096, 950 169, 951,
582, 683, 715 189, 917,100 169, 931,
• 583,188, 715 188,828, 000 169,215,
'
I 584, 203, 715 187,147, 000 167. 863,

national-bank

$91,455, 875 $296,771,981
92, 806,395
293, 074, 741
98,039, 485
289,044, 211
287,124,255
102,114, 704
285, 005, 315
103, 979,299
282,360, 891
103, 051,871
279, 217, 788
107, 588,447
276, 454, 277
107,150, 847
274, 264, 509
104, 313,124
272,893, 850
102, 962,170
102, 826,136 i 272, 041,203
102, 019,176 ! 269, 882, 995

I

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, 437,915
592,467, 915
592, 852, 915
594, 631,915
595, 313, 915
596, 041, 015
596,796, 015
597, 457, 315

184,444, 950 165, 205, 724 103,193,154 i 268, 398, 878
182,764, 950 163, 833, 205 102,024,952
265, 858,157
182,161, 700 163, 235, 505 99,492,361 | 262, 727, 866
181,863,700 162,743,135
97,427,882 I 260,171,017
182, 033, 450 162, 891, 912 95,692,133 I 258, 584, 045
180, 005,150 161,134, 338
94,675,310
255,809, 648
178, 312, 650 159, 642, 657 92, 719, 664 252, 362, 321
177, 438, 800 158, 874, 203 90,758,447
249, 632, 650
176, 508, 850 158,133, 712
88. 294, 850 246, 428, 562
173, 280, 250 155, 365, 068 88, 236, 639 243, 601, 707
170, 003, 350 152,366, 328
87, 018, 909 239,385, 237
166, 796, 550 149, 487, 373 86, 955, 794 236,443,167

January
February ..
March
April
May
June
July
August
September .
October
November..
December ..

598,239, 065
599, 709, 365
600, 684, 365
602, 404, 365
603, 264, 365
607, 390, 365
609, 670, 365
612, 535, 365
614,925, 365
617, 844, 365
620,174, 365
621, 959,365

163,480. 900 146,372, 588
160, 463^ 950 143,580,313
157, 485, 700 140,874, 515
154, 590,150 138,193, 798
151, 522, 350 135, 375, 463
149, 829, 850 133, 769, 313
148,121, 450 132, 244. 437
147, 758,450 131, 890, 777
148,150,700 132,101,128
147, 037, 200 131, 225,172
145, 668,150 130,207, 285
144, 709, 250 129, 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

January
February ..
March
April
May
June
July
August
September .
October —
November .
December ..

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, 900 127, 742,440
142, 266, 750 126, 747, 030
143,197, 000 127,410, 251
143,900,750 128,046, 801
144, 216,150 128,920, 916
144, 658, 650 128, 976, 526
145, 228, 300 129, 767,150
145, 434, 750 129, 854, 561
143,102, 350 127, 825,431
140, 428, 600 125,430, 316
140,190,900 124,958, 736
140,-427,400 125,253,195

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
666. 977,865
669, 007, 865
671, 477, 865
672,197, 865
673, 422, 865
' 676, 247, 865
681, 742, 865
683.125! 865
684, 660, 865
684,755, 865
685, 515, 865

140, 510, 650
140,720,700
140, 790, 200
141, 036,150
140, 949, 900
141, 310,150
142, 508, 900
146, 089, 650
149,839,200
151, 229,100
152,950,350
155, 283, 700

125, 6.60, 361
125, 859,360
125, 957, 235
126,054, 415
125, 970, 955
126, 267, 575
127, 221, 391
129, 708, 040
133,790, 690
135, 093, 378
136,753, 837
138, 605, 343

51, 627, 485
49, 762, 379
47,-706,139
45, 750, 649
44,448,421
42, 969, 884
40, 706,183
38, 835, 019
37, 543, 649
36, 842, 328
35,430, 721
34, 388, 264

177,287,846
175,721,739
173, 663, 374
171, 805, 064
170, 419, 376
169, 237.459
167, 927, 574
168, 543, 059
171, 334, 339
171,935, 706
172,184, 558
172, 993, 607

685, 762, 265
687, 332,265
688, 332, 265
688, 923, 665
689,298,665
690, 908, 665
692,123. 665
694, 428, 665
695, 263, 665
695,563, 665
693, 868, 665

157, 205, 950
158, 515,050
159, 513, 800
160, 447, 300
161, 352, 550
162, 549, 050
163,190, 050
163, 500, 550
164,012, 050
164,498, 550
164,883, 000

140, 084, 203
141,435,288
142, 319, 978
143, 355,178
143, 954, 506
144, 680, 363
145, 683, 023
146,132, 463
146, 460, 033
147,191,593
147, 241, 063

32, 994, 382
31, 770, 208
30, 301, 897
29,174,273
28, 522, 069
27, 818, 986
27, 000. 827
26, 395, 250
26,196, 396
25, 596,167
25,191,083

173, 078, 585
173, 205, 496
172, 621, 875
172, 529. 451
172,476, 575
172, 499, 349
172, 683, 850
172, 527. 713
172. 650, 429
172, 786, 700
172, 432,146

January
February ..
March
April
May
June
July
August
September .
October
November-.
December..

January....
February ..

1891.

1892.

March .
April
May
June
July
August
September .
Digitized forOctober
FRASER
November..


134

REPORT OF THE COMPTROLLER OF THE CURRENCY.

CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL

Banks existing October 31,1891.
States and Territories.

No.

Capital.

Bonds.

DIVISIONS*

Banks organized during year ended
October 31, 1892.

Circulation. No."

Capital.

Bonds.

Circular
tion.

Maine
. -New Hampshire ...
Vermont
Massach usetts
Hhode Island
Connecticut
Division No. 1..

79 $10, 972, 500
51
6, 305, 000
50
7, 210, 000
263 98, 265, 275
59 20, 277,050
84 23,274,370

$3, 823, 900
2, 912, 000
2,947, 500
20,168, 450
4, 596, 250
5, 948, 000

$3, 441, 510
2, 620, 800
2, 652. 750
18,15J, 605
4,13*6, 625
5,353,200

3
3

$125,000
210,000

$37, 500
62, 500

$33,750
56, 250

7

615, 650

162, 500

146, 250

586 166,304,195

40, 396,100

36, 356, 490

13

262, 500

236, 250

New York
New Jersey
Pennsylvania

325
95
368

85, 636, 060
14,418, 350
72, 720, 390

21, 982, 450
4, 249, 500
17, 000, 050

19,784, 205
3, 824, 550
15,300, 045

2
3
10

300,000
240, 000
715, 000

75,000
62,500
175, 000

67, 500
56, 250
157,500

Division No. 2..

788

172,774,800

43, 232,000

38, 908, 800

15

1, 255, 000

312, 500

281,250

Delaware
Maryland
Dist. Columbia
Virginia
West Virginia
Division No. 3..

18
65
13
36
24

2,133, 985
16,766,145
2, 827, 000
4, 556, 300
2,511,000

740,000
2,511,000
900, 000
1, 393, 750
728, 750

666, 000
2, 259, 900
810, 000
1, 254. 375
655;875

156

28, 794, 430

6, 273, 500

5,646,150

North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas . . .
Arkansas
Kentucky
Tennessee
Division No. 4..

23
14
32
18

2,
1,
4,
1,

726, 250
623,000
381, 380
385, 000

747, 750
468,750,
1, 061, 750
405, 000

4, 369, 000

1, 242, 000

13
21
207
10
81
54

1,165, 000
4,435, 000
25, 762, 600
1, 600,000
15, 317, 730
10,480, 000

353, 750
1, 052, 500
4, 997, 300
310, 000
3, 513, 000
1, 514, 000

1,117, 800
318, 375
947,250
4,497, 570
279, 000
3,161, 700
1, 362, 600

1

25,000

12,500

11, 250

i

200, 000
295,060

50, 000
87, 500

45, 000
78, 750

7

520,060

150, 000

135,000

1

125, 000

5

672,975
421, 875
955, 575
364, 500

29

950, 650

31, 250

28,125

000
000
000
000

37,500
25; 000
25, 000
25,000

33, 750
22, 500
22,500
22, 500

22

1,423, 455

361,250

325,125

i

80, 000
160,000

25, 000
40, 000

22, 500
36, 000

1
1

{I
3

150,
100,
*100,
100,

502

73, 244, 960

15, 665, 800

14, 099, 220

31

2, 238, 455

570, 000

513, 000

Ohio
Indiana
Illinois .
Michigan
Wisconsin

237
100
203
106
74

44, 595,
12, 477,
37, 396.
15, 369,
7, 043,

700
000
000
600
000

9, 217, 350
4, 073, 550
6, 251, 000
3, 043, 000
1,869, 250

8, 295, 615
3,666,195
5, 625, 900
2, 738, 700
1, 682, 325

11
12
9
1
5

1, 679,
1,019,
2,465,
50,
446,

570
850
000
000
950

300, 000
315, 000
225, 000
12, 500
125,000

270, 000
261, 000
202,500
11, 250
112, 500

Division No. 5..
Iowa
Minnesota
Missouri
Kansas ..
Nebraska

720 116, 881,300

24,454,150

22, 008,735

38

5,661, 370

977, 500

857,250

151
64
83
149
140

13, 470, 000
14, 592, 000
25,125, 000
13, 878,990
13, 703, 700

3, 333, 750
1, 764, 800
2, 507, 800
3,122, 250
2, 956, 250

3, 000, 375
1, 588,320
2, 257, 020
2, 810, 025
2, 660, 625

13
9
1
3
1

695, 000
628,850
100, 000
200,000
50, 000

181, 250
177, 500
50, 000
50,000
12, 500

163,125
159, 750
45, 000
45,000
11, 250

587

80, 769, 690

13, 684, 850

12, 316, 365

27

1, 673, 850

471, 250

424,125

49
2
36
41
3

8, 640, 000
282, 000
8, 425, 000
4, 305, 000
200, 000

1, 652, 750
70, 500
1, 531, 250
772, 300
50, 500

1,487, 475
63, 450
1, 378,125
695, 070
45, 450

4

251, 380

65,000

58, 500

2

150, 000

37, 500

33, 750

1

100, 000

25, 000

22,500

Division No. 7..

131

21, 852,000

4, 077, 300

3, 669, 570

7

501, 380

127,500

114, 750

Indian Territory...
Oklahoma
North Dakota
South Dakota
Idaho.
Montana
New Mexico
Utah
Washington
Wyoming

3
3
33
44
8
32
12
13
64
12

175, 000
200,000
2, 290, 000
2, 850, 300
575,000
4, 621, 500
1,120, 000
2, 750, 000
6, 655, 000
1, 390, 000

50, 000
50, 000
569, 000
749,750
144, 050
893, 350
365, 000
462, 500
1, 570, 500
312, 500

45, 000
45,000
512,100
674, 775
129, 645
804, 015
328, 500
416, 250
1, 413, 450
281,250

3
2
1

147, 300
90, 000
50, 000

37, 500
25, 000
12,500

33, 750
. 22,500
11,250

4
3

175,
200,
100,
50,
650,
100,

224

22, 626, 800

5,166, 650

4, 649, 985

26

3, 694 683,248,175 152, 950, 350 137, 655, 315

*164

Division No. G..
Colorado
Nevada
California
Oregon
Arizona

Division No. 8..
United States




1
8
2

*One bank restored to solvency.

000
000
000
000
000
000

1, 562, 300

50,
50,
25,
12,
162,
25,

000
000
000
500
500
000

400, 000

14, 363,065 3,271,250

1

45, 000
45, 000
22,500
11,250
146, 250
22, 500
360, 000

2, 921, 625

REPORT OF THE COMPTROLLER OF THE CURRENCY.

135

CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS*

States and Territories.

Increase in capital, bonds, and circulation
of banks existing October 31,1891, and
number of banks concerned in such
increase.
No.

NPW HamDshire
"Vermont
Massachusetts
"Rhode Island
Division No. 1..
New York
New Jersey
Pennsylvania
Division No. 2..

Capital.

Bonds.

Total increase in capital, bonds, and
circulation and n u m b e r of b a n k s
concerned in s u c h increase.

Circulation. N o .

Capital.

Bonds.

Circula*
tion. *

3
3

$125,000
210, 000

$37. 500
62i 500

$33,750
56,250

10

1,415,650

162,500

146,250

3

$800, 000

3

800, 000

16

1, 750, 650

262,500

236, 250

3
1
4

160, 000
25, 000
300, 000

$1, 250
6,250
112, 500

$1,125
5,625
101,250

5
4
14

460, 000
265, 000
1, 015, 000

76, 250
68, 750
287, 500

68,625
61, 875
258, 750

8

485, 000

120, 000

108,000

23

1,740,000

432,500

389, 250

25, 000

12, 500

11, 250

1
5

200, 000
295, 060

50, 000
87, 500

45, 000
78, 750

7

520, 060

150,000

135, 000

1

125,000

31,250

28,125

2
2
2

200, 000
150, 000
200,000

37, 500
25, 000
50, 000

33, 750
22, 500
45, 000

31

1, 885, 655

457,300

411, 570

1
3

80, 000
160, 000

25, 000
40, 000

22, 500
36, 000

1

Dist Columbia
Virginia
"Wpsti Virginia

North Carolina
South Carolina .
Georgia
Florida
.Alabama
Texas

1
1

50,000
50,000

9

462, 200

96, 050

86,445

T©nness€>e
Division No. 4 . .
Ohio
Indiana
Illinois
Michigan
Wisconsin

11

562, 200

96, 050

86, 445

41

2, 800, 655

666, 050

599, 445

5
4
1

425, 000
420, 000
100, 000

177, 500
50,000
25, 000

159, 750
45, 000
22, 500

2,104, 570
1, 439, 850
2, 565, 000
50, 000
506, 950

477,500
365,000
250, 000
12, 500
140, 000

429, 750
306, 000
225, 000
11, 250
126,000

2

60, 000

15, 000

13, 500

16
16
10
1
7

12

1, 005, 000

267, 500

240, 750

50

6, 666, 370

1, 245, 000

1, 098, 000

6
3

550, 000
825, 000

87, 500
17, 500

78,750
15, 750

1
3

50, 000
275,000

31, 250

28,125

19
12
1
4
4

1, 245, 000
1, 453, 850
100, 000
250, 000
325, 000

268, 750
195, 000
50, 000
50, 000
43, 750

241, 875
175, 500
45, 000
45, 000
39, 375

13

1,700,000

136,250

122,625

40

3, 373, 850

607, 500

546, 750

Colorado

2

175,000

31, 500

28,350

6

426, 380

96,500

86, 850

California
Oregon
Arizona.

2
3

250,000
120, 000

12, 500
22, 500

11, 250
20,250

4
3
1

400, 000
120, 000
100, 000

50, 000
22, 500
25, 000

45, 000
20,250
22,500

Division No. 7..

7

545, 000

66, 500

59, 850

14

1, 046, 380

194, 000

174, 600

Indian Territory...
Oklahoma
North Dakota
South Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming

1

10,000

2,500

2,250

2

150, 000

37, 500

33,750

4
2
3

157, 300
90, 000
200,000

40, 000
25, 000
50, 000

36, 000
22,500
45, 000

4
3
2
1
16
3

175, 000
200, 000
100, 000
50,000
1,475, 000
110, 000

50, 000
50, 000
25,000
12, 500
280, 000
27, 500

45, 000
45, 000
22. 500
11. 250
252. 000
24, 750

Division No. 5..
Iowa
Minnesota
Missouri
Kansas
Nebraska
Division No. 6

Division No. 8..
United States

8
1

825, 000
10,000

117,500
2,500

105, 750
2,250

12

995, 000

160, 000

144, 000

38

2, 557, 300

560,000

504, 000

66

6,092, 200

846, 300

761,670

229

20,455, 265

4,117,550

3,683,295




136

REPORT OF THE COMPTROLLER OF THE CURRENCY.

CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS—

ContiimecL,
Decrease in capital* bonds, and circulation, with number of banks concerned in
such decrease.
States and Territories.

Failed and liquidating banks.
Capital.

No.

New Hampshire
Vermont
Massachusetts
E,hode Island
Connecticut
Division No. 1..
New York
New Jersey
Pennsylvania
Division No. 2..

Bonds.

Circulation. No.

Division No. 3..

Capital.

2

1
2

$50,000
500,000

$12, 500
75, 000

3

550, 000

87, 500

78, 750

2

250,000

75, 000

67, 500

708,000

295, 500

6

958, 000

1

$125, 000

Circulation.

Bonds.

$111, 500

$100,350

$11, 250
67,500
2

4

.

275, 000

4

400,000

265, 950

1
4

25, 000
535, 000

370, 500

333,450

5

560,000

100, 000

25,000

22, 500

M^arvland

Dist. Columbia
Virginia

By banks existing October 31, 1891.

1
111, 500

100, 350

I

1

100,000

25, 000

22 500

North Carolina

1

250, 000

50, 000

45, 000

Georgia
Florida
Alabama

1
1
2

50, 000
50, 000
500,000

13, 000
12, 500
100,000

11, 700
11, 250
90,000

Texas

6

385, 000

96, 250

86, 625

2

300, 000
50,000
50,000

12,500

11, 250

67,500

1
1
4

400,000

12,500

11, 250

1
1

10,000
25,000

124,000

111, 6Q0

Tennessee
Division No. 4..
Ohio
Indiana
Illinois
Michigan
Wisconsin
Division No. 5..
Iowa
Minnesota
Missouri
Kansas
Nebraska
Division No. 6..
California
Oregon
Arizona. ..
Division No. 7..
Indian Territory
Oklahoma
North Dakota
South Dakota
Idaho
Montana
New Mexico
"Utah
Washington
Wyoming
Division No. 8..

2

350,000

13

1, 585, 000

346, 750

312, 075

8
2

883,900
200, 000

339, 000
125,000

305,100
112, 500

3
2

285,600
100,000

112, 500
25,000

i6i, 250

15

1,469, 500

601, 500

541, 350

2

35,000

2
1
3
9
4

200,000
70,000
1,100, 000
600,000
250, 000

50, 000
17,500
75, 000
150, 000
65, 000

45, 000
15, 750
67, 500
135, 000
58, 500

6
2

450, 000
141, 900

19

2, 220,000

357,500

321,750

8

591,900

2

650,000

87,500

78,750
1

500,000

1

500,000

150, 000

2

75, 000

650, 000

1

100, 000

4

275, 000

3

2
1
11

87,500

70
United States



22, 500

78,750

25, 000

22, 500

70,000

63, 000

300,000

75, 000

67, 500

250, 000
150, 000

62, 500
37, 500

56, 250
33, 750

2

1,075,000

270, 000

243,000

2

150, 000

8, 607, 500

2,146, 250

1, 931, 625

26

2, 630, 900

•

REPORT OF THE COMPTROLLER OE THE CURRENCY.
CHA.NCJICS IN CAPITAL, BONDS, AND

CIRCULATION, BV GEOGRAPHICAL

137

DIVISIONS—

Continued.
I n c r e a s e and i « c e a s e during year ended October 31, 1892.

States and Territories.

Total increas e.
Capital.

Maine
New Hampshire
Vermont
Massachusetts
Connecticut

Bonds.

Total decrease.

Circulation.

Capital.

Bonds.

$125, 000
50 000
500,000

$111, 500
12 500
75, 000

$100, 350
11 250
67, 500

179,100

Circulation.

$125 000
210, 000

$37 500
62, 500

$33 750
56, 250

1, 415, 650

162, 500

146,250

1, 750, 650

262, 500

236,250

950, 000

199, 000

New York
New Jersey
Pennsylvan ia

460, 000
265, 000
1, 015, 000

76, 250
68, 750
287,500

68, 625
61,875
258, 750

250, 000
25, 000
1, 243, 000

75, 000

67, 500

295, 500

265, 950

Division No. 2
Delaware
Maryland
District of Columbia
Virginia
West Virginia
Division No. 3

1, 740, 000

432,500

389, 250

1, 518, 000

370, 500

333,45G

Division No. 1

North Carolina .
South Carolina
Georgia
Florida
Alabama
Mississippi..
Louisiana
Texas
Kentucky
Tennessee
Division No. 4

275 000

1
25 000

12 500

11 250

200. 000
295, 060

50, 000
87, 500

45, 000
78, 750

100, 000

25, 000

22, 500

520, 060

150, 000

135,000

100, 000

25, 000

22, 500

125, 000

31,250

28,125

250, 000

50,000

45, 000

200, 000
150, 000
200,000

37, 500
25,000
50, 000

33, 750
22, 500
45, 000

50, 000
50, 000
500, 000

13,000
12, 500
100,000

11,700
11, 250
90, 000

1, 885, 655

457, 300

411, 570

685,000

96, 250

86, 625

80, 000
160,000

25,000
40, 000

22, 500
36, 000

50, 000
400, 000

12. 500
75,000

11, 250
67,500

2, 800, 655

666, 050

599, 445

1, 985, 000

359, 250

323,325

Ohio
Indiana
..
Illinois
Wisconsin
Division No. 5
Iowa . . . .
Minnesota
Missouri ..
Kansas
Nebraska
Division No. 6
Colorado
Nevada
California ...
Oregon
Arizona
Division No. 7

2,104, 570
1, 439, 850
2, 565, 000
50, 000
506, 950

477,500
365, 000
250, 000
12,500
140, 000

429.750
306, 000
225;000
11,250
126, 000

883. 900
210, 000
25, 000
285,600
100, 000

339, 000
125, 000

305,100
112, 500

112,500
25,000

101, 250
22, 500

6, 666, 370

1, 245, 000

1,098,000

1, 504, 500

601, 500

541,350

1, 245, 000
1,453,850
100, 000
250, 000
325, 000

268, 750
195,000
50, 000
50, 000
43, 750

241, 875
175, 500
45, 000
45, 000
39,375

200, 000
70, 000
1,100, 000
1, 050, 000
391, 900

50, 000
17, 500
75,000
150,000
65, 000

45, 000
15, 750
67, 500
135, 000
58, 500

3, 373, 850

607, 500

546,750

2, 811, 900

357, 500

321, 750

426, 380

96 500

86, 800

400, 000
120, 000
100, 000

50, 000
22, 500
25, 000

45, 000
20,250
22, 500

650, 000
500, 000

87, 500

78, 750

1, 046, 380

194, 000

174, 600

1,150, 000

87, 500

78, 750

Indian Territory
Oklahoma
North Dakota
South Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming
Division No. 8

157, 300
90, 000
200,000

40,000
25,000
50, 000

36,000
22.500
45, 000

100, 000

25, 000

22, 500

275,000

70, 000

63,000

United States




175, 000
200 000
100, 000
50, 000
1, 475,000
110,000

50, 000
50 000
25, 000
12, 500
280, 000
27, 500

2, 557, 300

560,000

20,455, 265

4,117, 550

!

45,000
45, 000
22, 500
11, 250
252,000
24,750

300, 000

75, 000

67, 500

• 250, 000
300, 000

62. 500
37,500

56, 250
33,750

504,000

1,225,000

3, 683, 295 11, 244, 400

* 270, 000
2, 270, 250

243,000
2, 043,225

138

REPORT OF THE COMPTROLLER OF THE CURRENCY.

CHANGES IN CAPITAL, BONDS, AND CIRCULATION, BY GEOGRAPHICAL DIVISIONS—

Continued.
Net increase and decrease—capital, bonds, and circulation.
States and Territories.

Net increase.
Capital.

Maine .
Hew Hampshire
Vermont
Massachusetts
[Rhode Island
Connecticut

Bonds.

Net decrease.

Circulation.

$125,000
85,000

$37,500
87, 500

125, 000

112,500

210, 000
240,000

1,250
68, 750

1,125
61,875

Division No. 2

450, 000

70, 000

63, 000

Delaware
Maryland..,
District of Columbia
Virginia
West Virginia

25,000

12, 500

11,250

100,000
295,060

25,000
87,500

22, 500
78, 750

Division No. 3

420,060

125,000

112, 500

150, 000
100, 000

24, 500
12, 500

Circulation.

78,750

1,125,650

Bonds.

$33,750

915,650

Capital.

22, 050
11,250

Division No. 1
New York
New Jersey
Pennsylvania

North Carolina .
South Carolina
Georgia
Florida
Alabama . . .
Mississippi
Louisiana
Texas
Arkansas
Kentucky Tennessee .. . .
Division No. 4
Ohio
Indiana
Illinois
[Michigan
"Wisconsin
Division No. 5
Iowa
Minnesota .
Missouri
Kansas
Nebraska
Division No. 6
Colorado
Nevada
California
Oregon
Arizona
Division No. 7
Indian Territory
Oklahoma
North Dakota
South Dakota Idaho
[Montana
New Mexico
"Utah
"Washington
^Vyoming
Division No. 8 *.
United States




$49, 000
12, 500

$44,100
11, 250

61,500

55, 350

228,000

8,000

7,200

228,000

8,000

7,208

125, 000

18, 750

16, 875

300,000

50, 000

45,000

240, 000

35,000

31, 500

665,000

103,750

93, 375

235, 600

100, 000

90, 000

235, 600

100, 000

90, 000

•

1, 000, 000
800. 000
66, 900

25, 000
100, 000
21, 250

22, 500
90,000
19,125

1, 866, 900

146, 250

131, 625

250,000
380, 000

37,500

33,750

630,000

37, 500

33,750

275, 000

70, 000

63, 000

200, 000

50, 000

45, 000

$50,000
275, 000
325, 000

1,200, 655

361, 050

324,945

30,000

12,500

11, 250

1,480, 655

410, 550

369,495

1, 220, 670
1, 229, 850
2, 540, 000

138, 500
240, 000
250, 000

124, 650
193,500
225, 000

406,950

115,000

103, 500

5,397,470

743, 500

646,650

1, 045, 000
1, 383,850

218, 750
177,500

196,875
159, 750
«.

2, 428, 850

396, 250

356, 625

426,380

96, 500

86,850

100, 000

22, 500
25, 000

20, 250
22, 500

526, 380

144, 000

129, 600

157, 300

40, 000

36, 000

200, 000

50, 000

45,000

10,000
175,000
200, 000

50,000
50, 000

45, 000
45, 000

50, 000
1, 225, 0C0

12, 500
217, 500

11,250
195,750
190, 000

10,000

9,000

2, 007,300

420, 000

378,000

675, 000

130,000

117,000

13, 836, 365

2,434, 300

2,168, 370

4, 625, 500

587, 000

628,300

KEPORT OF THE COMPTROLLER OF THE CURRENCY.

189

TABLE SHOWING BY STATES THE AMOUNT OF NATIONAL-BANK CIRCULATION ISSUED,
THE AMOUNT OF LAWFUL MONEY DEPOSITED IN THE UNITED STATES TREASURY
TO RETIRE NATIONAL-BANK CIRCULATION FROM JUNE 20, 1874; TO OCTOBER 31,
1892, AND THE AMOUNT REMAINING ON DEPOSIT AT THE LATTER DATE.

States and Territories.

Maine
New Hampshire
Vermont
Massachusetts
Ehode 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
N e w Mexico
Arizona
Oklahoma
Indian Territory
Lawful money deposited prior to June 20,
1874, and remaining
'at that date
Total

Lawful money deposited to retire national-bank cir- Lawful
culation since June 20,1874.
money on
Additional
deposit
circulation
To retire
For rewith the
To retire
issued since demption circulation circulation
United
Total
June 20,1874. of notes of under act under act of
States
liquidating of June 20, July 12,1882. deposits. Treasurer
1874.
banks.
at date.
$3,499, 359
$888, 787
2, 402, 695
527,118
4, 077, 505 1, 096, 407
43,307, 095 1, 966,100
7, 628, 855
317, 017
9,483, 550 1, 070, 361
48, 930, 460 9, 622, 565
6, 407. 270 1,431,988
32,859;345 4, 969, 251
914, 810
4, 233, 895
184,800
790,150
455, 664
2, 210, 820 1, 208, 869
844, 499
950, 310
389, 660
1, 647,160
405,180
81, 050
1, 376, 340
365,125
414,000
63, 210
1,190, 670
317, 598
356, 600
2, 863, 560 ""666," 413*
5, 687,450
340, 517
646, 450
67,130
8,165, 039 1, 802, 504
2, 345,420 1, 051, 401
4, 700,130 1, 486, 605
21, 290,106 8,170,934
8, 280,190 5, 466, 003
8, 574, 565 3, 937,148
5, 270, 920 3, 347, 456
3, 478, 590 1, 359, 293
5, 339, 349 1,947, 663
2, 722, 305 1, 087, 304
3, 800, 305 1, 563, 085
370, 290
3, 657, 825
76,950
781, 750 """"i6,"720
369,975
2, 306, 855
202, 895
11, 250
1,101, 220
189,940
266, 345
864, 450
107, 640
803,475
133,820
2, 077,185
129,200
3,007, 620
269, 640
161,191
713,150
382,500
59, 750
121. 040
50, 590
21,800
67,500
80, 990

$4, 465, 235
2.416,170
5, 009, 603
53,940,613
8, 858,456
13, 777, 507
57, 455, 961
9, 022,992
36,100, 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, 630, 068
2,172, 756
6,159, 341
19,951,006
11, 959, 253
11,913,126
5, 5.35, 005
2,702, 388
4, 826, 938
2, 614, 827
1, 012, 275
1,151,665
18, 500
180, 860
712, 720
90, 268
334, 610
20, 250
195,570
100, 330
374, 600
1,340,500
527, 550
285, 200
8, 500

$2, 568, 018
1,472,175
1, 913, 262
24, 669, 897
5, 977, 042
6,422, 927
15, 525, 842
3, 084, 530
15, 837, 882
458, 645
3, 665, 625
76, 310
699, 630
551, 015
76, 920
129, 830
547,910
113, 972
802,256'
90, 805
81, 700
1, 302, 992
445,818
604, 259
5, 010, 379
1, 246, 644
1, 546, 506
399, 284
638,828
646, 965
430, 914
63, 201
221, 980
82,450
263, 810
14,762
29, 470

$7,922,040
4, 415, 463
8, 019, 272
80, 576, 610
15,152,515
21,270,795
82, 604, 368
13, 539, 510
56, 907, 407
1,455, 645
10,199, 090
1,431, 714
4, 285, 774
2, 424, 065
2, 619, 790
2,107, 555
2, 591, 890
71,000
1, 507, 890
38, 450
5,140, 563
1, 566, 630
551, 950
11, 785, 564
3,669, 975
8, 250, 205
33,132, 319
18, 671,900
17, 396, 780
9, 331, 745
4,700, 509
7,421,566
4,133, 045
2, 638, 561
1,743, 935
13, 500
274, 030
1, 346, 505
116, 280
554, 020
20, 250
303, 210
234,150
503,800
1, 610,140
688,741
344, 950
53,090
21,800

$682, 578
424, 559
364, 584
4, 333, 768
915,391
1, 300,101
3,977, 364
803, 382
3, 443, 319
147, 550
696, 294
24, 543
199, 896
128,188
63,831
68, 724
131, 654
44,165
126, 011
147
258, 933
137, 914
28. 631
598i 289
279,295
309,704
825, 507
860,481
539, 337
480, 296
263, 912
295. 991
151, 879
388, 426
145,164
998
22, 384
166,561
7,542
14, 892
8,493
50, 700
63,738
210,570
43,667
35,488
1,39019, 890

3, 813, 675
*272,656,387 60, 085,142 297, 560, 965

97, 714, 449

459,174,231 ^25,086,131

* This includes circulation issued under act of July 12,1882.
t Exclusive of $104,952 on deposit to retire circulation of national gold banka.




140

REPORT OF THE COMPTROLLER OF THE CURRENCY.

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 OF
UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATION AND PUBLIC D E POSITS ON OCTOBER 31, 1892, WITH THE CHANGES DURING THE PRECEDING YEAR
AND THE PRECEDING MONTH.

National-bank notes.

October 31,
1891.

September
30, 1892.

$172, 067, 721

$172, 680,918

2, 867, 620
10, 856, 244

78, 770
526, 319

185,791, 585
13,464, 391

173, 286, 007
958,813

172, 327,194

172, 327,194

Total circulation.
Total amount outstanding at the dates named
Additional circulation issued during the intervals:
To new banks
To banks increasing circulation
Aggregate
Surrendered and destroyed during the intervals .
Total amount outstanding Oct. 31, 1892* . . .
Increase in total circulation since Oct. 31, 1891
Decrease in total circulation since Sept. 30, 1892

259,473
353,724

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

136, 753, 837
1.3, 723, 864

147,191,593
605, 089

150,477, 701

147,796, 682

761,820
1, 311, 880
1,162, 938

309, 080
191, 250
55,289

Total retired during the intervals .

3, 236, 638

555,619

Outstanding against bonds Oct. 31, 1892 .

147, 241, 063

147,241,063

Increase in circulation since Oct. 31, 1891 . .
Increase in circulation since Sept. 30, 1892 .
Circulation secured by lawful money.*
Amount of outstanding circulation represented by lawful money on deposit with the Treasurer United States to redeem notes:
Of insolvent national banks
:.
Of liquidating national banks
".
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
J u l y 12, 1882
Total lawful money on deposit.
Lawful money deposited in October, 1892
National-bank notes redeemed in October, 1892
Decrease in aggregate deposit since Oct. 31,1891
Decrease in aggregate deposit since Sept. 30, 1892

United States registered bonds on deposit.

Pacific railroad bonds, 6 percent*
Funded loan of 1891, 4* percents continued at 2 per cen t
Funded loan of 1907, 4 percents
Total on deposit

10,487,226

October 31,
1891.

$719, 817
5, 279, 966

October 31,
1892.

$1,108, 559
5, 056, 407

9, 679, 513

3, 287, 919

19, 634, 588

15, 633, 246

35, 313, 884

25, 086,131
547, 598
950, 792

10, 227, 753

To secure
circulating
notes.

403, i94
To secure
public deposits.

$11, 852, 000
21, 897, 850
! 131,133,150

$1,116, 000
1, 553. 000
12, 563; 000

! 164, 883, 000

15,232,000

* Circulation of national gold banks, not included in the above, $104,952.




49, 470

REPORT OF THE COMPTROLLER OF THE CURRENCY.

141

STATEMENT OF QUARTERLY INCREASE OR DECREASE OF NATIOXAL-BANK
LATION, FROM JANUARY II, 1875, TO OCTOBER 31, 1892.

OIKCU-

National bank.
Increase.
Issued.
From Jan, 14 to Jan. 31,1*75 .
For quarter ended —
Apr. 30, 1875
July 31,1875
Oct. 31.1S75
Jan. 31,1870
Apr.
1876..
1876.
July
3876.
(Jot*.
1877.
Jan.
1877.
Apr.
1877.
July
1877.
Oct.
1878.
J an.
1878.
Apr.
1878..
July
1878..
Oct.
1879..
Jan.
J 879"..
Apr.
1879..
July
1879...
Oct.
1880..
Jan.
1880..
Apr.
1880..
July
1880...
Oct.
1881..
Jan.
1881..
Apr.
1881...
July
188.1..
Oct.
1882..
Jan.
1882..
Apr.
1882..
July
1882..
Oct.
1883..
Jan.
1883..
Apr.
1883..
July
1883..
Oct.
1884..
Jan.
1884..
Apr.
1884..
July
1884..
Oct.
1885..
Jan.
1885..
Apr.
1885..
July
1885..
Oct.
188(5..
Jan.
1886..
Apr.
1886..
July
1886..
Oct.
1887..
Jan.
1887..
Apr.
1887..
July
1887..
Oct.
1888..
Jan.
1888..
Apr.
1888..
July
1888..
Oct.
Jan.
1889.
Apr.
1889.
July
1889.
Oct.
1890.
Jan.
1800.,
Apr.
1890.
July
1890.
Oct.
1891.
Jan.
1891.
Apr.
1891.
July
1891.
Oct.
1892.
Jan.
1892.
Apr.
1892.
July
1892.
Oct.
Total
Suriendered to tliis office and retired from
Jan. 14,1875, to Oct. 31,1892
Grand total




I

.Decrease.

Retired.

$537,580 |

$255, 600

4,409,220
4,124,165 I
1,915,710 !
2,504,600 I
877,580
1,107,110
2, 604, 390
3,188, 630
4, 363, 010
3, 000, 230
5, 754,160
6,725,585
3, 036, 760
4, 252, 980
2/276,360
.'$i 097, 060
7, 039, 300
3,674, JgQ
9,122", W P
7. 289, 805
3 T 163, 820
1,748,660
1,199, 930
2, 234, 780
12,690,890
9, 569, 410
6, 484, 550
5, 625, 200
2, 991, 400
4, 054, 740
9, 792, 910
4, 588. 850
3, 638, 650
3,527,100
2, 755, 600
2,748, 270
2, 052, 294
2, 778, 960
2,792,170
1, 265, 520
2,125, 260
2,160,110
5, 591, 760
7, 751, 794
4,700, 384
1, 469, 325
1, 566, 700
1, 243, 550
2, 961, 775
2, 936, 670
4, 021, 350
6,144, 629
7,755,416
6,188,531
1, 049, 765
930,445
1,179,165
1,376, 200
1,783,920
1, 428, 895
3,469, 345
2, 481, 990
1, 817, 525
1, 765, 540
1, 397,135
4, 065, 775
8, 230,000
5,241,445
3, 217, 945
2, 992, 805
2, 271, 669

3, 336, 804
5, 423,930
5, 553, 971.
3, 852, 731
5.425, 539
9, 6G3, 98-1
8,564, 727
4, 759, 015
5, 005, 596
4, 984, 399
3, 516, 321
2, 701, 885
1, 906, 720
3,453, 080
2, 924, 430
747, 327
1,822,988
'2, |15, 524
• 1,754,558
" 674,129
1, 555, 766
2,427, 398
1, 535, 760
1, 361, 534
4.426, 596
4, 734, 578
3! 182, 551
3, 354,153
4,414, 865
5, 741,456
5,611,497
4, 927, 020
6, 510, 245
6\ 868, 245
6, 369, 273
5; 172,714
8,430, 804
7, 883, 997
6,833, 874
7, 812. 055
8^ 135:
:
5, 731,
6, 758,
5, 581,
8, 397,
8. 425,
6, 468,
9, 580,
11, 014,
11.307.
8, 42li
12,190,
15, 005,
15,115,
11, 277,
11, 031,
11, 789,
11, 791,
7, 894,
8, 865,
8,496,
7, 545,
6, 444,
5, 896,
6, 578,
5,973,
4, 462,
4, 220,
3, 934,
2, 824,
2, 439,

267, 921,887

431, 825, 542

| 267,921, 887

448,109, 420

$281,980 I
1
1,072,416 j

I

$1, 299,761
3, 638, 261
1, 348,131
4, 547, 959
8, 556, 874
5, 960. 333
1,570,386
042,586
1,984,169

2, 237, 839
4, 023. 700
1,130, 039
797, 900
2, 34!), 733
5, 216. 312
959,306
7, 367, 742
6, 615, 676
1, 608, 054
873, 246
8, 264, 294
4. 834, 832
3, 301, 999
2, 271, 047
4,181, 413

648,070

678,738
335, 830

1, 423,465
1,686,710
338,170
2,871,595
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
3, 696, 779
6, 956,161
4, 901, 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
10,415,438
6,110, 533
7,436,106
5,026, 960
5, 063,126
4, 626, 650
4,131, 054
5,181,444
1, 907, 746
3, 767,150
1, 020, 938
716,484
168,061
167, 617
64, 516, 210

228,419,865

64,516, 210

244, 703, 743

16, 283, 878

16,283,878

STATEMENT OF NATIONAL-BANK

NOTES ISSUED, KEDEEMED, AND OUTSTANDING, BY DENOMINATIONS AND AMOUNTS, ON OCTOBER 31, IN EACH
YEAR FROM 1864 TO 1892,

Tear.
1804.

Ones.

INCLUSIVE.
Fifties.

One
hundreds.

Five
hundreds.

One t h on
sands.

Total.

Tens.

Twenties.

$19,708, 260

$6, 536, 920

$2, 491,300

$2, 903, 400

$250, 000

$58,813, 980

26, 924,100

j

Fives
$26, 924,100

Issued .
Redeemed
Outstanding

Twos.

19,708, 260

6, 536, 920

"2,"49i,"30b"

2, 903,400

250, 000

""58* 813," 980

53,493, 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 1 $4,404,000
1,000
5, 446, 500
4,403, 000

2,020,167

" i , " 346," 778'

84, 796, 000
104, 820
84, 691,180

1866... Issued
Redeemed
Outstanding.

7, 699,182
7,680
7, 691, 502

5,156, 012
11, 700
5,144, 312

111, 115, 620
153,175
110, 962,445

75, 807, 000
225, 390
75,581, 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
507, 000
4,221, 000

205,099, 455
464, 250
204, 635, 205
294, 585, 214
1,498, 255
293,086,959

Issued
Kedeemed
Outstanding.

8,396,179
58, 606
8, 337, 573

5, 622, 722
42,356
5,580,366

113, 535,300
753, 855
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, 032,550

26, 243, 600
877, 000
25,366, 600

6, 691, 500
671, 500
6, 020, 000

4, 728, 000
1, 563, 000
3,165, 000

304, 202,141
5,107,317
299, 094, 824

8, 947, 798
27-2, 997
8, 674, 801

5, 990, 468
156,016
5, 834,452

115,738,140
2, 515, 095
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 I 4, 746, 000
909,000
1,858,000
5, 835, 500
2, 888, 000

310, 367, 276
10, 250, 318
300,116, 958

9,663,584
973, 427
8, 690,157

6, 468, 392
497, 538
5,970,854

118, 674, 740
5,146, 030
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
2, 501, 000
2, 268, COO

318, 743, 726
19, 018, 935
299. 724, 791

10, 843, 693
2, 752, 688
8,091, 005

7,256, 558
1, 437, 318
5, 819, 240

124,376, 620
9,035, 250
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
3, 380, 000
1, 399, 000

335,411, 601
33, 552, 326
301, 859, 275

1805.

1867..

Issued
Redeemed
Outstanding

$2, 020,167

1868... Issued
Redeemed
Outstanding
j Issued
!
Redeemed
Outstanding
1870... Issued
Redeemed
Outstanding

$1, 346, 778

i

'

|
I

1871.

Issued
Redeemed
Outstanding .

12, 673, 867
5,471, 799
7, 202, 068

8, 482, 434
3,114, 890
5, 367 544

142,195,820
17, 014, 975
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, 597,104
324,475, 207

1872.

Issued
Redeemed
Outstanding .

14, 297, 360
7,919, 388
6,377,972

9,565,256
4, 816, 778
4, 748,478

159,666,740
29,803,335
129, 863, 405

112,534. 520
16, 997; 020
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

1873... Issued
Redeemed
Outstanding .

15, 526,189
9,891, 606
5, 634, 583

10,390,222
6,241,446
4,148, 776

174,472, 280
45,709,815
128, 762, 465

125, 603, 990
25.730, 700
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, 000
4, 530, 000
628, 000

481,196,161
132, 848,487
348, 347, 674

1874... Issued
Redeemed
Outstanding .

16, 550, 259
11,143, 606
5,406, 653

11, 078, 226
7,110,03o

196, 215,680
65, 208,025
131, 007, 655

133, 370. 760
39,127, 070
94,243, 690

79, 242,180
19, 832,160
59,410,020

33, 348, 500
11. 577,800
21, 770, 700

49, 250, 200
19, 657, 200
29, 593, 000

8, 657, 000
5,838, 000
2, 819,000

5, 250, 000
4, 683, 000
567, 000

532, 962,805
184,176, 899
348, 785,906




1 8 7 5 . . . Issued

) 18,048,176
I 14,092,126
3,956,050

12, 079, 504 235,275, 920 174,105, 070 105, 921,280
9, 233,246 124,633, 860 76,085,320
40,489, 280
2,846,258 110,642, 060 98, 019,750 65, 432, 000

44, 209, 250
19, 051, 850
25,157,400

64, 585, 800
29, 942, 800
34, 643, 000

9, 223, 000
7, 236, 500
1, 986, 500

5, 540, 000
5, 047,000
493, 000

668, 988, 000
325, 811,982
343,176, 018

1 8 7 6 . . . Issued

18,851,264
15,556,708
3,294,556

12, 614,896 258,917, 640 200, 086, 520 121, 729,840
10, 249,092 161,910,280 103, 692,140 57,444, 920
2,365,804 97,007,360
64,284,920
96,394,380

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

747,468, 410
427, 601,340
319,867, 070

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
507,208,460
315, 871,190

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, 855
567, 264, 295
319, 640, 560

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
2,492,498 97,911, 820 109,736, 240 72,252,160

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, 000
293, 000

945, 281, 215
610,160, 297
335,120, 918

Redeemed
Outstanding
Redeemed
Outstanding

1 8 7 7 . . . Issued

Redeemed
Outstanding
1878...

1879...

Issued
Redeemed
Outstanding .
Issued
Redeemed
Outstanding .

1880...

Issued
Redeemed
Outstanding .

23,169, 677
20, 875, 215
2, 294,462

15,495, 038 345,659, 880 272, 031, 680 165, 327, 960
90,096,400
13,887,778 245,749,120 158,211,100
1, 607, 260 99,910, 760 113, 820, 580 75, 231, 560

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, 068, 985
647, 020, 663
342, 048, 322

1881...

Issued
Redeemed
Outstanding .

23,169,677
21, 838, 565
1, 331,112

15,495,038 368,062, 520 294,775,190 178,816,340
14, 572, 868 267, 582,440 173, 466, 350 98,099,840
922,170 100,480, 080 121, '60S, 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
6, 943, 000
211,000

1, 062,290,165
703, 365, 263
358, 924, 902

1882...

Issued
Redeemed
Outstanding .

23,169, 677
22, 353,877
815,800

15,495, 038 393,487,120 320,422, 600 195,035,680 I 72, 667, 200 103, 513, 800
49, 009,100 71, 913, 000
14, 968, 280 296,566,165 197, 709, 340 111,434,140
526, 758 96, 920, 955 122, 713,260 83,601,540 j 23, 658,100 31, 600, 800

11,378,500
10, 440, 000
938, 500

7,197, 000
6, 990, 000
207, 000

1,142, 366, 615
781, 383, 902
360, 982, 713

1883...

Issued
Redeemed
Outstanding .

23,169, 677
22, 593, 909
575, 768

15, 495, 038 417, 236, 040 345,440, 860 211,576,920 ' 77, 801,450 111, 474, 200
15,141, 806 325, 712, 835 227,123, 550 128,492, 760 54, 535,150 78,912,500
353, 232 91, 523, 205 118, 317,310 83, 084,160 23, 266, 300 32, 561, 700

11, 566, 500
10, 683, 500
883, 000

7, 287, 000
7,092, 000
195, 000

1, 221, 047, 685
870,288, 010
350,759, 675

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
288, 468 85, 309,155 111, 319, 950 79, 206, 580

11, 853, 000
83, 051, 500 119,977,000
60,828, 650 87,454,300 j 10, 990, 500
862, 500
22, 222, 850 32,522,700 j

7, 379, 000 1,302, 093, 995
7,156,000 i
969,641,051
223,000
332,452,944

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
7, 238, 000
141, 000

1, 385,134,435
1, 070, 261, 507
314, 872, 928

23,169, 677
22, 757, 987
411, 690

15,495, 038 488, 336,800 416, 959, 700 258,912, 360
15,279,612 405, 546, 320 317, 672, 780 187, 957,120
82, 790, 480 99, 286, 920 70, 955, 240
215,426

90, 759, 700 134, 202.100
72, 565, 050 105, 533,000
18,194, 650 28, 669,100

11, 947, 000
11, 569, 000
378,000

7, 379, 000
7, 290, 000
89, 000

1,447,161, 875
1,146,170, 869
300, 990, 5Q6

23,169, 677
22, 776,403
393, 274

15,495,038 502, 277, 620 427, 627,990 266, 022,900
15, 293,440 425,853, 955 337, 999, 280 201, 838, 860
201,598 76, 423, 665 89, 628, 710 64,184, 040

92,481, 650 137, 516, 600
76,807,150 112, 745, 300
15, 674, 500 24, 771, 300

11,947, 000
11, 646, 500
300, 500

7, 379, 000 1,483, 917,475
7, 305, 000 1, 212, 265, 888
74.000 I 271, 651,587

w
o
o

1 8 8 4 . . . Issued

Redeemed
Outstanding .
1 8 8 5 . . . Issued

Redeemed
Outstanding .

Issued
Redeemed
Outstanding .
1887... Issued
Redeemed
Outstanding .
1886.




I
o

o

a-*

STATEMENT OF NATIONAL-BANK NOTES ISSUED, REDEEMED, AND OUTSTANDING, BY DENOMINATIONS AND AMOUNTS, ETC.—Continued.

Year.

Ones.
Issued
Redeemed...
Outstanding.

Twos.

Fives.

Tens.

Twenties.

Fifties.

One
hundreds.

Five
hundreds.

One thousands.

* *
—•

Total.

$23,169,677 $15,495, 038 $520,506, 800 $442,223, 330 $275,754,140 $94, 893, 350 $142,217,600 $11, 947, 000 $7, 379, 000 $1,533,585 935
! 22,783,281 15, 298,872 453,086, 540 364,436, 600 218, 806, 920 81, 230, 400 119,872, 000 11, 706, 500 7, 320,000 1, 294, 541,113
!
386,396
196,166
240, 500
239, 044, 822
67,420, 260 77,786, 730 56, 947, 220 13, 662, 950 22, 345, 600
59, 000

Issued
Redeemed...
Outstanding.

23,169, 677
22, 794, 643
375, 034

15,495, 038 532,659,620 451,361,990 281,804, 220
15, 306, 858 476, 027, 775 386,221,110 232, 686,320
188,180 56, 631,845 65,140, 880 49,117, 900

95,997, 250 144, 384,000
84, 750,700 125, 601,800
18, 782, 200
11,246,550

11, 947,000
11, 737, 500
209, 500

7, 379,000 1, 564,197, 795
7, 327,000 1, 362, 453, 706
201,744,089
52,000

Issued
Redeemed
Outstanding..

23,169, 677
22, 800, 061
369, 616

15,495, 038 544,788,840 461,240, 000 288, 323, 560
15, 311,146 494,306,190 403,621,260 244, 251, 900
183,892 50,482, 650 57,618,740 44, 071,660

97,468,100 147, 273,300
87. 709, 800 130, 537,200
16, 736,100
9,758,300

11, 947, 000
11, 764, 000
183, 000

7, 379, 000 1, 597, 084, 515
7, 333, 000 1, 417, 634, 557
46, 000
179, 449, 958

1891.- - Issued
Redeemed
Outstanding .

23,169, 677
22,802, 625
367, 052

15, 495, 038 561,426,260 474,952, 880 297, 355, 680
15,313, 292 511, 284, 975 421,173, 990 256,301. 380
181, 746 50,141, 285 53, 778, 890 41, 054, 300

99, 848, 700 151, 976,100
90, 406, 400 135,172, 500
9,442, 300 16, 803, 600

11, 947. 000
11,779^ 500
167, 500

7, 379, 000 1, 643, 550,335
7, 337, 000 1,471, 571, 662
42, 000
171,978, 673

o

1892... Issued
Redeemed
Outstanding .

23,169, 677
22, 806, 348
363,329

15,495, 038 577,190, 300 491,530, 600 308, 389, 420 102, 085, 550 156, 315,100
15, 316,106 527, 218, 370 437,176,700 267,451, 740 92, 916,700 139, 439, 800
178, 932 49,971, 930 54,353, 900 40,937, 680
9,168, 850 16, 875, 300

11, 947, 000
11, 794, 000
153, 000

7. 379, 000 1, 693, 501, 685
7,345, 000 i; 521, 464; 764
34, 000
172, 036, 921

O

1890..




O

O

[NOTE.—First issue Dee. 21,1863;firstredemption Apr. 5,1865.]

o

o

REPORT OF THE COMPTROLLER OP THE CURRENCY.

145

STATEMENT OF NATIONAL GOLD BANK NOTES ISSUED, REDEEMED, AND OUTSTANDING OCTOBER 31, 1892.
Issued.

Denominations.

Redeemed.

Outstanding.

-

Total

3, 360, 390

104,850
-102
104, 952

........
.

Fractions unredeemed

$21,050
30,010
27. 240
8, 650
15, 900
2,000

3, 360, 288

-

$343, 090
716,460
695,340
396, 200
793,800
340,500
75,000

+102

-

$364,140
746, 470
722, 580
404! 850
809, 700
342, 500
75,000
3,465, 240

Fives
Tens
. . . . .
Twenties - --Fifties
One h u n d r e d s
Five hundreds
. . .
One thousands

.

.

.

STATEMENT OF NATIONAL BANK NOTES ISSUED DURING THE YEAR ENDED OCTOBER 31, 1892, WITH THE TOTAL AMOUNT ISSUED, REDEEMED, AND OUTSTANDING.
Issued
Total isCirculation
Total issues
Total redempsued preduring the
outstanding
vious years. to Oct. 31, 1892. tions Oct. 31, 1892. Oct. 31, 1892.
year.

Denominations.
Ones
Twos
Fives
Tens
Twenties
Fifties
One hundreds
Five hundreds
One thousands

$15, 764, 040
16, 577, 720
11, 033, 740
2, 236, 850
4, 339, 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

$23, 169, 677
15, 495, 038
577, 190, 300
49 L, 530, 600
308, 389,420
102. 085, 550
156, 315,100
11, 947, 000
7, 379,000

Total
| 49, 951,350 1, 643, 550, 335 1, 693, 501,
Unpresented fractions of notes to be deducted from notes redeemed
and added to amount of currency outstanding

$363, 329. 00
178, 932.00
49, 971, 930.00
54, 353. 900. 00
40, 937, 680. 00
9,168, 850.00
16,875, 300.00
153, 000. 00
34, 000. 00

1, 521, 464, 764. 00

172, 036, 921. 00

10




27, 010. 25

27, 010. 25

1, 521,437, 753. 75

Total.

9647

$22, 806, 348. 00
15, 316, 106. 00
527, 218, 370.00
437,176, 700.00
267, 451, 740. 00
92, 916, 700. 00
139, 439, 800. 00
11, 794, 000.00
7,345, 000.00

172, 063, 931. 25

146

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER
OF BANKS IN EACH, CAPITAL, BONDS ACTUALLY HELD ON SEPTEMBER 30, 1892,
MINIMUM AMOUNT OF BONDS REQUIRED BY LAW, AND THE EXCESS OF BONDS ON
SEPTEMBER 30,1892, AND SEPTEMBER 25, 1891.
United States bonds.
States, Territories, and No. of
banks.
reserve cities.
Maine
New Hampshire
Vermont
Massachusetts
Boston
Rhode Island
Connecticut
Division No. 1
New York
New York City
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia
Pittsburg

Capital.

Heid September 30,1892.

Minimum
required.

Excess of bonds.
September
30,1892.

September
25, 1891.

81
54
49
213
55
59
84

$11,090, 000
6, 272,500
7,160,000
46,130, 700
53,100, 000
20. 277, 050
22,999, 370

$3, 848,900
2,913,000
3, 050, 000
16, 610, 450
5, 610, 000
6, 242, 250
6,183,000

$2,097, 500
1, 543,125
1,477, 500
8, 565,175
2, 750, 000
2, 437, 500
3,412, 075

$1, 751, 400
1, 369, 875
1, 572, 500
8, 045, 275
2, 860, 000
3, 804,750
2,770, 925

$1,746,400
1,360,750
1,452, 500
7,002,575
1, 625, 000
1, 878, 750
2, 357,675

595

167, 029, 620

44,457, 600

22, 282, 875

22,174, 725

17,423, 650

266
48
6
5
98
307
41
26

33, 344,060
49, 650, 000
1, 550, 000
1, 352, 000
14,528,350
37,742,390
22, 465, 000
10,900, 000

14,363,700
6, 709, 000
300, 000
542,000
4, 319, 750
12,445, 550
4,187, 500
1, 780, 000

7,398, 665
2, 400, 000
300, 000
250, 000
2,942,087
8,306, 842
2, 037, 500
1, 275, 000

6, 965. 035
4,309, 000
292, 000
1,377, 663
4,138, 708
2,150, 000
505, 000

6, 380, 785
4,416, 500
100, 000
292, 000
1, 336,413
3,277,452
1,543,000
155,000

Division No. 2

797

171, 531,800

44, 647, 500

24, 910, 094

19, 737; 406

17,501,150

Delaware
Maryland
Baltimore
District of Columbia
"Washington
"Virginia
West Virginia

18
43
22
1
12
36
28

2,133, 985
3,561, 700
13, 243, 260
252,000
2,575, 000
4,656,300
2,800, 650

740, 000
1, 548, 500
1, 300, 000
250,000
650, 000
1, 418, 750
791, 250

455,200
877, 500
1,100, 000
50, 000
575,000
985,000
698, 662

284, 800
671,000
200, 000
200,000
75, 000
433,750
92, £88

284,800
444, 550
100,000
200, 000
75,000
446, 000
91, 750

Division No. 3

160

29, 222, 895

6,698, 500

4,741,362

1,957,138

1, 642,100

23
14
32
18
29
13
11
10
223
10
72
10
55

2,625,180
1,623, 000
4, 541, 000
1,350, 000
3,919,000
1,165,000
810, 000
3,625, 000
26, 315,495
1,600,000
10,477, 900
4,901,500
10,179,455

769,000
468,750
1,086,250
380,000
1,152,000
352,750
252, 500
950,000
5,296,850
310,000
3,477,500
500,000
1,479, 000

631, 295
393, 250
935, 250
337, 500
786, 000
291,250
202,500
500,000
5,226,374
300,000
2, 313, 225
500,000
1,451,114

137. 705
75, 500
151, 000
42, 500
366. 000
62.500
50,000
450, 000
70,476
10, 000
1,164, 275

87, 625
75,500
151, 500
55, 000
361, 000
62,500

27, 886

12,750

73,132, 530

16,475,600

13,867, 758

2,607,842

1, 800, 000

216
13
10
106
188
23
96
8
74
3

26, 889,870
9,100,000
8, 050,000
13,447, 000
17,046,000
22,900, 000
10, 634, 000
4, 400, 000
6, 652, 650
850,000

8,493, 500
2,767,000
675, 000
4, 221,050
5,132,000
1,300,000
2, 443,000
500,000
1,684,250
350,000

5, 890, 793
650,000
500, 000
2, 974, 250
4,167, 750
1,150, 000
2,279, 750
400,000
1, 610, 663
150,000

2, 602,707
2,117, 000
175,000
1, 246, 800
964, 250
150, 000
163, 250
100,000
73, 587
200,000

1,987, 638
90, 000
175, 000
1, 280, 800
955, 750
150,000
200, 750

737

119,969,520

North Carolina
South Carolina
Greorgia
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 City
St. Joseph
Kansas
Nebraska
Omaha
Division No, 6




522

350,000
54, 350
10, 000
579,775

116, 750
100,000

27, 565,800

19,773, 206

7, 792, 594

5, 056, 688

3,364, 500
150, 000
1, 267, 300
300,000
350, 000
1,182, 800
450,000
550,000
300, 000
2, 892, 750
2, 326, 250
730, 000

3, 080, 000
150, 000
1,173,462
250, 000
350, 000
1,135, 000
450,000
525,000
175, 000
2, 723. 025
2, 254, 525
450,000

284, 500

307,500

93, 838
50, 000

77, 300
50,000

57
9
11
4
142
128
9

13, 820,000
700, 000
5, 668, 850
4, 800, 000
4,931,000
4, 590, G O
O
10. 700, 000
6, 900,000
2, 000, 000
12,442,100
9, 368,100
4,150, 000

47, 800

47,800

25, 000
125, 000
169,725
71, 725
280,000

125, 000
107,225
102,975

592

80, 070,050

13,863,600

12,716, 012

1,147,588

817,800

157
4
59
5

REPORT OF THE COMPTROLLER OF THE CURRENCY. 147
TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES EXHIBITING THE NUMBER
OF BANKS IN EACH, CAPITAL, ETC.—Continued.

States, Territories, and No. of
reserve cites.
banks.
Colorado
Nevada
California
San Francisco
Oregon
Arizona

Held September 30, 1892.

Minimum
required.

Excess of bonds.
September
30,1892.

September
25,1891.

$9, 065, 000
282,000
5, 675, 000
2, 500, 000
3,945,000
300,000
136

Division No. 7
!N"orth Dakota —
South Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming.. Oklahoma
Indian Territory.

$1, 699,250
70,500
1,418, 750
100,000
513, 550
75, 500

$1, 378,750
70, 500
1,118, 750
100, 000
811,250
75, 000

$320,500

$367, 750

3o6000

"'366,666

2,300
500

9,800
500

21,767,000

4,177,550

3, 554, 250

623,300

678,050

619,000
654,750
181, 550
905, 850
315, 000
475, 000
1, 795, 500
302, 500
50, 000
90, 000

603, 750
652, 500
175, 000
897, 500
235,000
462, 500
1, 756, 350
302,500
46, 250
87,300

15, 250
2,250
6,550
8, 3P0
80, 000
12, 500
39,150

15, 250
3,500
300
17, 350
80,000
12, 500
53, 275

5, 389,150

5,218, 650

2,465, 000
2, 610, 000
700,000
4, 740, 000
915, 000
2,800,000
7, 875,400
1, 210, 000
185,000
349 200
236

Division No. £
United States

United States bonds.
Capital.

3,773




23, 849, 600
686, 573,015

3.750
2,700
170,500

163, 275, 300 107, 064, 207 56, 211, 093

182,175
45,101, 613

148

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER
OF BANKS IN EACH, WITH CAPITAL OF $150,000 AND UNDER, FOR THE YEARS 1891
AND 1892, AND THE INCREASE OR DECREASE IN BANKS AND CAPITAL DURING THE
INTERVAL.
States, Territories, and
Reserve Cities.
M^&ine
New Hampshire
Vermont
Massachusetts
Boston
Rhode Island
Connecticut ..

....

Increase.

September 25,1891.! September 30,1892.
No.

Capital.

No.

Capital.

No.

Capital.

63
44
39
97

$5,235, 000
4, 605, 000
3, 760, 000
10, 927, 500

66
46
38
103

23
34

2, 550, 000
3, 673, 300

%\
34

30, 750, 800

310

32,131, 500

New York
New York City
.Albany
Brooklyn
. .
jTow .Tersev
Pennsvlvania
Philadelphia
Pi ttsburg
Division No. 2

213
1

18, 934, 660
150,000

213

18, 994, 660

65
235
1
1

5, 558, 350
20,142, 390
150, 000
100, 000

68
244
1
1

5, 768, 350
20,627,370
150,000
100,000

3
9

210,000
484, 980

516

45, 035,400

527

45, 640, 380

12

754, 980

Delaware
]tfarvland
Baltimore
District of Columbia)
Washington
"Virginia
West Virginia

14
40

1,02^, 800
2, 865, 800

14
40

1,020, 800
2, 910,000

1
28
19

100,000
2,191,000
1, 648, 000

1
27
24

100, 000
2,141, 000
1, 994, 650

5

Division No. 3

102

7,825, 600

106

8,166, 450

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

18
11
23
18
22
13
10

1,525,180
973. 000
1, 941, 000
1,350, 000
1, 744, 000
1,165, 000
610, 000

178
7
48

13,673,100
600,000
4, 572, 270

194
7
49

38

2,905, 000

381
168
80
163

Capital.

2, 550, 000
3, 648,300

300

Decrease.
No.

....

$5,
4,
3,
12,

390, 000
572, 500
710, 000
260, 700

3

$155, 000

6

1, 333, 200

11

1, 488, 200

$32, 500
50, 000

1

25, 000
•

Division No. 1.,

Texas
Louisville
Tennessee
Division No. 4
Ohio
Cincinnati
Cleveland .
Indiana
Illinois
Chicago
Michigan
Detroit
"Wisconsin
Milwaukee

1

150, 000

1

150, 000

1
1

50, 000

346, 650

5

390, 850

1

50, 000

2

184,180

j"
2

100, 000
150, 000
215,000

15,105,495
600,000
4,652, 900

16

1,432, 395

1

80,630

42

3,204,455

4

299, 455

30,409, 370

407

32,871,030

26

2 461,660

14, 248, 850

171

14, 563,170

3

314, 320

7,147,000
12, 401, 000

83
168

7,297,000
12, 671, 000

3
5

150, 000
270,000

7,019, 000

85

6, 919, 000

63

liOllisiRTlcl

107,500

87

North Carolina
South Carolina
Georgia
Florida

1

4,683, 000

67

5,042,650

4

359, 650

561

45,498, 850

574

46,492, 820

15

1, 093,970

138
2
44

9, 660,000
200, 000
2, 767, 000

147
2
52

10,120,000
200,000
3, 293, 850

9

460,000

8

526, 850

3,820, 000

53

3,740,000

1
1
134
122

100, 000
100,000
9,492,100
7, 818,100

1

100,000

512

34, 864, 050

18

60, 000

44,200

r

. . .

2

100, 000

2

100, 000

2

80, OdO

4
3
1

119,890
225, 000
100,000

10

524, 890

.

Division No. 5
Iowa
Des Moines
Minnesota
. .
St. Paul
Minneapolis
3dissouri
St. Louis
Kansas City
St. Joseph '.
Kansas
Nebraska
Omaha
.... .
Division No. 6




55

t

1
138
125
1

100, 000
9, 611, 990
8, 043,100
100,000

504

34,302, 090

1, 086,850

REPORT OF THE COMPTROLLER OF THE CURRENCY.

149

TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER
OF BANKS IN EACH, WITH CAPITAL OF $150,000 AND UNDER, ETC.—Continued.
States, Territories, and
Keserve Cities.
Colorado
Nevada
California
San Francisco
Oregon
Arizona
Division No. 7
North Dakota
South Dakota
Idaho
Montana
New Mexico
Utah
Washington
"Wvoming.
Oklahoma
Indian Territory
Division No. 8
United States




September 25,1891. September 30,1892.
No.

Capital.

No.

Capital.

Increase.
No.

Capital.

Decrease.
No.

Capital.

35
1
22

$2, 340, 000
82,000
2,125, 000

38
1
22

$2, 515,000
82,000
2, 075, 000

3

$175, 000

35

2,075,000
200, 000

36
4

2, 245, 000
300,000

1
1

170,000
100, 000

96

6, 822, 000

101

7, 217, 000

5

445, 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

31
39
11
26
10
8
54
11
4
6

2, 015, 000
2, 410. 000
700,000
1, 990, 000
740, 000
650, 000
3,825,400
810,000
185,000
349,200

191

13,481, 900

200

13, 674, 600

13

632, 700

4

440, 000

2,651 214,126, 010 2,737 221,057, 830

105

8,354,210

19

1,422, 390

$50, 000

50. 000
1

200,000

125, 000
136,000

1
1
1
1
4

25, 000
175, 000

1

3
2

50, 000
122,500
25, 000
15, 000
199, 200

150

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER
OF BANKS IN EACH, WITH CAPITAL EXCEEDING $150,000, FOR THE YEARS 1891
AND 1892, AND THE INCREASE OR DECREASE IN BANKS AND CAPITAL DURING
THE INTERVAL.
September 25,1891. September 30,1892.
Increase.
States, Territories, and Reserve Cities.
No.
Capital. N o .
Capital. No.
Capital.
Maine
.New Hampshire
Vermont

...

Boston
Rhode Island
Connecticut
Division No. 1

15
8
11
110
56
36
50

$5 700 000
1, 700, 000
3,450, 000
34, 557, 775
51 800 000
17, 727, 050
19, 601, 070

286 134, 535, 895

New York
New York City
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia- .
Pittsburg

52
48
6
5
30
63
42
25

Division No. 2

14, 049,400
50,711,970
1, 550, 000
1, 352, 000
8, 760, 000
17, 320, 000
22, 738, 395
10, 800, 000

271 127, 281, 765

15
8
11
110
55
36
50

$5 700 000
1,700, 000
3,450, 000
33, 870, 000
53 100 (J00
17, 727, 050
19, 351, 070

270 125, 891, 420

1

1,113,185
651,700
13, 238, 965
252, 000
2, 475,000
2, 355, 300
806, 000

4
3
22
1
11
9
4

1,113,185
651, 700
13, 243, 260
252, 000
2, 475, 000
2,515,300
806,000

Division No. 3

53

20,892,150

54

21,056, 445

5

North Carolina
South Carolina
Georgia
Florida ..
Alabama
Mississippi
Louisiana
New Orleans
Texas
Arkansas
Kentucky
Louisville
Tennessee

;

2

204, 980
423, 395

300, 000

2

1, 690. 345

1

250, 500

2

500,000

4, 295
1

160, 000

1

164, 295

i

Division No. 6




3
9

1,100, 000
650,000
2, 600, 000

2, 675, 000

7

2,175, 000

200, 000
3, 625,000
11,160, 000
1,000, 000
5, 825, 000
4, 901,500
7,475,000

10
29
3
23
10
13

200, 000
3, 625, 000
11, 210, 000
1, 000, 000
5, 825, 000
4,901,500
6, 975, 000

41,439, 350

113

40, 261, 500

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

45
13
10
23
20
23
11
8

12, 326, 700
9,100,000
8 050 000
6,150,000
4, 375, 000
22, 900. 000
3, 715,000
4, 400, 000
1, 610, 000
850, 000

157

Division No. 5

1, 350, 500
650,000
2, 577, 350

46
13
10
20
18
21
12
8
6
3

Michigan
Detroit
Wisconsin
Milwaukee

6
3
9

117

ChicRiro

937, 775
1, 061, 970

10
28
3
23
10
15

Ohio
Cincinnati
Cleveland
Indiana
Illinois

$687, 775

300, 00Q

9

- .
....

Division No. 4

Iowa
Des Moines
Minnesota
St Paul
Minneapolis
Missouri
St Louis
Kansas Citv
St Joseph
Kansas
Nebraska
Omaha

1

Capital.

250, 000

1

4
3
22
1
11
8
4

1

1, 300, 000

14, 349, 400
49, 650, 000
1, 550, 000
1, 352, 000
8, 760,000
17,115, 020
22,315,000
10, 800, 000

Delaware
Maryland
Baltimore
District of Columbia
Washington
Virginia
West Virginia

No.

$] 300 000

285 134,898,120
53
48
6
5
30
63
40
25

Decrease.

69, 899, 600

163

73,476, 700

9
2
5
6
4
9
11
3
9
5
8

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

10
2
7
5
7
4
9
10
3
8
6
9

3, 700, 000
500,000
2 375 000
4, 800,000
4, 931. 000
850, 000
10 700 000
6, 800, 000
1, 900, 000
2, 950, 000
1, 550, 000
4,150, 000

1
1

340,000
250, 000

78

45, 325,000

8t)

45, 206,000

4

1,331, 000

22,650

1

50, 000

2

500,000

1

72, 650

5

1,250, 500

82, 700

1

3
2

820,000
400. 000
2, 300, 000

1

160, 000

8

3, 702, 700

1.

600, 000

1

91,000

9

1

185,600

2

185,600

1

1,000, 000

1

450,000

2

1,450, 000

50 000

REPORT OP THE COMPTROLLER OF THE CURRENCY.

151

TABLE, BY STATES, TERRITORIES, AND RESERVE CITIES, EXHIBITING THE NUMBER
OF BANKS IN EACH, WITH CAPITAL EXCEEDING $150,000, ETC.—Continued.

Increase.
!September25,1891. September 30,1892.
States. Territories, and re- j
serve cities.
Capital.
No.
Capital.
No.
Capital.
No.
Colorado
Nevada
California
San Francisco
Oregon
Arizona
Division No. 7
North Dakota
South Dakota
Idaho
JSklontana
New ^Mexico

Utah

Washington
Wyoming
Oklahoma
Indian Territory
Division No. 8
United States




14 $6, 300,000
1
200, 000
12 3, 800, 000
2 2, 500, 000
5 2, 200, 000

15
1
12
2
5

$6, 550.
200,
3, 600,
2, 500,
1, 700,

34

000
000
000
000
000

1

Decrease.
No.

Capital.

$250, 000
$200, 000
500, 000

15, 000, 000
..
250, 000
200,000

35

14, 550, 000

1

2

450, 000
200, 000

1

200, 000

8
1
6
11
2

2, 750, 000
175,000
2,150, 000
2, 852,100
550, 000

8

2, 750, 000
175,000
2,150, 000
4, 050, 000
400,000

5

1,197, 900

30

8,927,100

700,000

250,000

1
1

6
16

150, 000

10,175, 000

6
22

8, 578, 545

150,000

1, 397, 900

1,026 463,300,860 1,036 465, 515,185

36

12

6, 364, 220

152

REPORT OF THE COMPTROLLER OF THE CURRENCY.

CLASSIFICATION" OF THE LOANS AND DISCOUNTS OF THE NATIONAL BANKS IN THE
RESERVE C m US AND IN THE STATES AND TERRITORIES ON SEPTEMBER 30, 1892.
On de- |
On dese-1 On time,
mand, pa- mand, by paper with
cured
. of per with
two or more
stocks,
banks.
one or
bonds, and individual
more
or firm
other colnames.
names.
laterals.

Cities, States, and

Territories.

$4,931, 784 $117,751,227 $117. 796. i
7 ""
'" ~ 617, 396
40, 307.:
\.
722, 783]
16,137,
362
9, 344, 428 20 190, 351.!
74,444,
490, 954
791. 074J
3, 967, 395|
463,
95, 925
905, 39a
4, 355, 505|
586,
1,048, 579 20, 458, 864
38, 264, 726! 22, 729,
1 018, 801
547, 561
23, 747, 799! 2,022,
1 464, 932
502, 301
14,106, M54I 7, 035,
165,125
944, 039
5, 056,
366,699
151,581
5,618.
75,442
142, 302
5, 875,
630, 678
183, 837
13, 648,
925,906
101, ' " "
14,062,
552, 8r "
914, 487
11, 430,
524,198
711,417
3, 078,
121,114
40, 485
1, 512,
303, 527
508, 815
5, 667,:
970,220
672, 758
6,164,
913. 621
993, 405
5, 769,
473, 859
195, 227
2,471.
601, 297
546,808
5, 233,
762, 300
963,296
852,

New York City . . . .
Chicago
St. Louis
Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
New Orleans
Louisville
Cincinnati
Cleveland
Detroit
Milwaukee
Des Moines
St. P a u l
Minneapolis
K a n s a s City
:
St. Joseph
Omaha
San Francisco.

343 41, 714, 943 217,557, 297

Total of cities.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New J ersey
Pennsylvania.
Delaware
Maryland
District of Columbia . .
Virginia
W e s t Virginia
N o r t h 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
i South Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming
Oklahoma
Indian Territory

On time,
singlename paper without other
security.

..


^ Totalofcountrybanks
http://fraser.stlouisfed.org/
United States
Federal Reserve Bank of St. Louis

81
54
49
213
59
84
266
98
307
18
43
1
36
28
23
14

904,453
1,634,469
1,202, 222
3, 739, 793
626,562
1, 430,162
4, 745, 646
1,181, 745
1, 797, 865
112, 948
554, 627
500
513, 505
84, 842
105, 737
74, 650
329, 35::
18
132,10L
29
399,589
13
99,440
79,116
11
223 1, 932,839
201, 777
10
72 1,112, 289
55 1,341,362
216 3, 602, 533
106 2,150, 365
188 5, 351, 356,
96 1,177, 922
981,626
74
157 1, 977,292
59 1, 210, 619
189, 746
57
480, 782
142
128 1,040, 709
53 2, 218, 396
439,587
34 3, 341, 933
41 1,628,780
41, 049
33
96, 897
40
198,970
1
193, 821
34 1,167, 942
11
172,839
429, 981
I70 1, 719, 758
53.183
13
4
6
1, 693

977, 071
1, 471,177
537,147
8, 361, 207
1, 604,217
3, 521, 963
4, 299, 365
6, 961. 583
2, 293, 029
533, 367
244, 486
97, 068
1,430, 653
53, 828
164,157
364, 038
993,337
31, 091
504, 376
161, 319
119, 528
1,120,835
238,196
453, 430
2, 273,187
2, 400, 967
934, 951
2, 421, 095
1,190, 789
994, 334
1, 092, 737
755, 396
154,399
319.454
553, 669
883, 603
65, 575
2,335, 668
479.455
18,089
141, 703
332, 008'
67, 050J
128, 534
52,624J
336,119
1, 276, 217
26, 901
.

54, 205, 372 55, 770, 992

On time,

secured by
stocks,

bonds, etc.,
or by real

Total.

estate.

i, 573, 000 $344,199,941
, 006, 801 103, 913, 024
i, 192, 840
32, 877, 372
!, 392, 759 153, 898, 706
., 007, 0681
8, 720,152
., 570, 501j
10, 514, 026
!, 350, 413 104, 852, 519
',661,8141
39,997,992
>, 403, 5121 33,112,669
668, 757!
7, 899, 25]
t, 076, 796
14, 057,210
t, 796, 3921 12, 256, 439
[, 194, 767 30, 485, 890
5,550," 518! 23, 645, 265
., 608, 386;
18,139, 753
.. 160, 278|
6,125, 908
2, 732, 049
514.737
15, 942, 863
!, 041, 674
12, 912, 537
., 809, 520
18, 084, 361
', 225,152
., 113, 631
5, 672, 422
!, 826, 899
11, 760, 954
122, 757
5, 927, 720

419, 569,801149, 018,010189,868,972 1,017,729, 023
847,969 2, 445, 253 21, 669, 901
681,667 1,709, 884 11,768, 453
1, 003, 523 1, 607, 905 14,184,471
22,478,144 14, 629, 670 111, 948, 688
8,591,23!
6, 853, 760! 37,107,951
9, 317, 760 6, 788,183( 50,225, 567
10, 828,176 8,124, 693! 105, 576,325
4, 802,145 4, 308, 807| 52, 530, 005
11, 561, 777 12, 265, 666 110, 327, 011
5, 749, 327
560,623
228,,590
10, 313, 514
983, 938
683, 971
664, 372
200. 659
16, 621, 575
2, 924,106
7, 216,138
452,261
5,979, 717
906, 996
5,773, 996
2, 404,136
2, 957, 247 10, 274, 816
4,160, 299
696, 529
7.637,157
2,141, 728
2, 634, 232
2, 033, 770
406,097
48,760,253
13,347,423
3, 332, 784
748. 433
21, 028, 742
3,300,999
4, 615, 022 23, 111, 843
8, 941, 571 71, 703, 656
4, 536, 033 37, 213,414
7,710, 955 54,937,307
34,075, 898
3,481,115
3, 028, 805 24, 478, 866
6, 849, 839 38, 076, 469
3, 708,104 18, 417, 714
1, 687, 253
9,711,468
8, 982,542 23, 045,177
5, 851,421 23, 051, 205
5, 776,931 27,500,121
39, 916
720,091
2,410, 229 12, 747, 945
1, 650, 320 11,493,241
411,615
82,118
6, 967, 069
4, 597, 377
2,733,962
5.525,158
281, 869
1, 695, 061
2, 230, 207 15,546, 316
2,142,136
374, 648
1,416, 073
5,102. 541
3, 460,576 16, 959; 119
785, 017
2, 840, 012
321, 977
116, 294
461, 323
101,564
677, 626. 891171, 265,156 176, 901, 395 1,135, 769, 806

95,920, 315 273, 328. 289(1, 097,196, 692(320, 283,166 366, 770, 367 2,153, 498, 829

REPORT OF THE COMPTROLLER OF THE CURRENCY.

153

TABLE, BY STATES, ^TERRITORIES, AND RESERVE CITIES, EXHIBITING THE AMOUNT OF
EACH KIND OF COIN AND COIN CERTIFICATE HELD BY THE NATIONAL BANKS ON
OCTOBER 4, 1888, SEPTEMBER 30, 1889, OCTOBER 2, 1890, SEPTEMBER 25; 1891, AND
SEPTEMREJR 30, 1892.
OCTOBER 4,

Gold coin.

States, etc.

1888.

Silver coin.
Gold
Gold
Silver
clearingTreasTreasury cer- house ceru r y certificates. tificates. Dollars. Fractional. tificates, j

$(508,811.76
$8,400!.
272,931.70
7,780,.
324, 242. 49
7, 600!.
2, 075.139.18
239. 520].
3, 995, 172. 09 6,619,800'
67, 670!.
399, 803. 35
182,770i.
1, 288,182.11

Maine
New Hampshire
Vermont
Massachusetts Boston
Rhode Island
Connecticut

$36, 088 $28,894. 91
71,483
28, 661, 80
40, 823 28, 023. 36
315,188 200, 543.74
108, 687 81,047. 76
59, 372 44, 740. m
134,863 103, 636. 67

$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

766, 504 515, 548. 93 1, 063, 845| 18, 443, 780. 61

Division No. 1 -.; 8, 964, 342. 68 7.133, 540;
New York
3. 48!) 057. 48 I '21fi,790
'
New York Cits ., 7,13S. G(i9. 50 04, 305 120
!
Albany
- - - -' 402 9(50. 5()i
535, 700
New Jers( : y
i 1, 091 490. f>')|
309 470
!
Pennsylvania
3.748.764.42
284,U>0
Philadelphia
! 2.2(54.915 00.
172. 450 $8. S90. (K)0
Pittslmvn
' 2. 130, S5S. 7o|
S23.100
1

385,126
362,213
18, 500
194, 805
541,141
346,946
154,299

255, 317; 5, 612, 603. 78
266, 313. 30
219, 845. 64 1, 771, 348j 73, 797,196.14
14,000!
979.331.50
8,171. 00
171, 323; 1, 875, 037. 60
107, 949. 01
191,152| 5, 016, 656. 83
251,439. 4ll
548,152! 12, 391, 700.19
169,237.19
94, 708! 3, 240, 969. 23
38, 003.53

Division No. 2 . . 20, 206, 716.19J67, 64(5, 790| 8, 890, 000j2, 003, C
131, 453.50)
Delaware
322. 302.12
Maryland
1,385,293.50
Baltimore
96, 471. 00
District of Columbia..
201,783.00
Washington
394. 598. 00
Virginia . . 225,096.13
W e s t Virginia

Total.

3, 046, 000 102, 913, 495

22,640,
44.180|
468,680!
116,500;
531,040;
9,4801
10, 400;

37, 894
65,154
249,872
6,980
192,624,
84, 470!
8, 309'

268,188
536, 499
2, 244,840
229, 271
953,586
618,431
272, 925

10
8, 562
116, 619
1,385
45, 293
40,185
76, 736
505, 643;
218, 363!
40, 210|
36, 895!
1, 400|
72, 270

228,
200,
531,
107,
437,
149,
136,
933,
1, 305,
120,
550,
342,
836,

Division No. 3 . . ! 2, 756. 997. 25 1. 202. 920
1(50.
160. 598. 00'
108. \M. 00;
144. 273.
39.353.00
306. 792. 00,
(54, S*!9. 5()j
12, 480. 00:
123. 4 '2. 00!
4Sl.531.20i
33. 175. 00,
389. 062. 301
290, 718. 00|
392,423. 00 \

420
55.500
3. 5S0
19.520
4. 000
4. 500,
127, 9201
139,590.
14,270
41,390'
1,500
117.100

Division No. 4 . . 2, 547, 730. 09i

529.290

N o r t h Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi - Louisiana
N e w Orleans
Texas
Arkansas
Kentucky
LouisvilleTennessee

Ohio
Cincftmati
Cleveland
Indiana
Illinois
Chicago
Michigan
Detroit
"Wisconsin
Milwaukee
Division No
Iowa
Minnesota
Missouri
St. L o u i s
K a n s a s City
St. J o s e p h . "
Kansas
N ebraska
Omaha
Division No. 6

!
j
j
-!
j
i
I

-

2,422.423.80
146,640!
3(59, 997. 50'
271. 000j
729 789. 50
1 SO 000.
1, 729. 01!. (52
113, 250,
1,972.502 50
198 02O1
9 757,1 OS 50 2, 426. 750,
1, 154. 512. 93
21). 3 K)
' 972. 17J. 50
5 9(50
' 785 011. S7'
12 300
455. 377. 00
loo 000
. 20. 347, 939. 72 ',{, 484, 160
1.240,734 5Si
1,791.471 24,
220 (567. 00:
487.21'). 00,
52.50,
1,0
89.
8 740. 00'
967.519.80
595. 725. 45,
881,497.101

75 (WO
5 SSO
9 000
:r>5 ooo
251 200
50. 260
'1\ 2(50
11. O O
O
32 950

7, 332, 326. 67

820,1901




50, 873j
63,841
' 191,526
i 46, 4(58

17, 418.10
19, 142. 05
005. 03
552. 39
180. 36
503. 65
668. 05
523. 85
749. 95
572.10
984. 33
022. 75
858. 85

1,346,531
i 292,133 116, 657.
] 00, 552 11, 671. 75
39,132
14, 904. 91
205,120
62, 733. 89
247,130 104, 820. 92
215. 851 254, 807.10
135 933
45, 064. 67
45.385
53,500.36
93. 807 46, 524. 54
20,233
9, 040. 00
1
176.2
265.136)
34,539
20. 000
72. 817'
4, 378;
134,328
69.250'
67. 536:

74, 774. 07|
91, 569. 40)
8. 621. 51{
7, 878. 001
38, 738. 971
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

154

REPORT OF THE COMPTROLLER OF THE CURRENCY.

AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE HELD, BY THE NATIONAL

BANKS, ETC.—Continued.
OCTOBER 4, 1888—Continued.

States, etc.

Colorado
Nevada
California
San Francisco
Oregon
Arizona

Total.

u r y c er - j h o u s e c ertiflcates. tificates. Dollars. Fractional.
$1, 334,134.65
46, 727. 50
2, 286,137. 90
928,622.50
875, 572. 50
14,010. 00

$11,698 $1 455, 536. 21
55, 546. 59
285
52,220, 2 616, 790.98
142,170. 82
20, 843'
940, 619.30
15, 947.10

Division No.

Dakota

17,240
1, 630
40,600
1, 000
55, 500
10,700
660

Idaho . . .
Montana
N e w Mexico
Utah
Washington
Wyoming

50,879
6,762
48, 589
,557
6,213
42, 344
4,927

21,154. 90
1, 217.35
11, 744. 00
4,522. 35
5, 597.45
7, 804.29
4, 804. 40

Division N o .

„, 4961
6,117!
32, 224'
2,100
5,009
,895
792
64,933

United States ..

470, 615.00
117, 510.85
870, 407. 00
124,448.85
396,127. 75
749, 740. 99
210,176. 00
2,939,026.44

7, 298, 298 177,987, 816. 64

S E P T E M B E R 30, 1889.

Maine
N e w Hampshire
Vermont

Massachusetts
Boston
Rhode Island
Connecticut

$611,151.51
$4,830.
276, 224.05
5,300 .
317, 710.80
10, 210 .
2, 201, 966.47
294, 200 .
4,457, 576.00 5, 369, 820 .
421, 327. 25
89,5601.
1,305, 898.51
262, 820,.

$39, 928 $36,167. 51
56, 872 37, 729. 89
25,589
39, 073.
252,370 247, 212. 02
87, 897 86,117. 54
41, 795 71, 292. 71
91, 519 112, 373. 23

Division No. 1.. 9, 591, 854. 59 6,036,740k

$40, 036 $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
76,139
700,113. 96
158,487 1,931, 097. 74

595, 970 629,966.59 1,266,127 18,120, 658.18

New York
3, 232, 797. 64 1,036,370
New York City .. 7, 096. 549. 50 48,, 925, 260
I
329, 347. 70
450, 000
Albany
1, 071, 654. 42
189, 270,
New Jersey
3,670,770.53
350,7401
Pennsylvania
1, 573, 046.00
467, 430 $7, 000. 000
Philadelphia
1, 743, 812 00
974,000
Pittsburg

253,903
220,699
17,160
104, 237
464, 605
217, 425
119, 502

267, 762. 70 362,524
255, 586.02 2,589, 798
21,482
6, 047.00
172, 035. 35
267, 083.43 389,397
182, 861. 02 757, 031
52, 607.95 179, 576

5,153,357. 34
59, 087, 892. 52
824, 036. 70
1, 834,176. 77
5,142, 595.96
10,197, 793. 02
3, 069, 497. 95

Division No. 2.. 18, 717, 977.79 52, 393, 070| 7, 000, 000 1, 397,5311, 203, 983.47 4,596, 788 85, 309,350.26
Delaware
138, 871.00
11,890
301, 597. 97
50,670
Maryland
Baltimore
1, 024, 545.50 1, 343, 040
District of Columbia.
98, 840. 50
90, 000
Washington
108, 076. 00
601,020
8,730
Virginia
311. 021. 50
216,166. 68
13,800
West Virginia
Division No. 3.. 2,199,119.15 2,119,150
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Orleans
Texas
Arkansas
Kentucky
Louisville
Tennessee
Division No. 4.

155, 029. 76
95,171.00
215, 454. 38
46, 536. 90

163,60L 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

22,915.64
41, 876. 02
42, 230.88
1, 481.25
19, 582. 00
35, 629. 83
11, 744.25

286,951. 64
71,120
512, 597.99
77.104
287,840 2, 977,050. 38
203, 995.75
9,891
941, 536. 00
201, 611
519, 992. 33
84,927
271,344.93
15, 856

246, 391 175, 459.87

748, 349 5, 713, 469. 02

42,155
41,350
54,394
3,783
11, 247
79, 684
13,778

570
21,
1,
13,
1,
8,
58,
71,
12,
41,
63,
118,
412, 680!.

277. 85
430. 90
717.19
812. 60
782.05
504.65
461. 85
162.15
226. 50
660.15
273. 21
917.40
735.37
935, 526

347, 298. 781, 254,068 5,477, 961. 87

REPORT OF THE COMPTROLLER OF THE CURRENCY.
AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE

HELD BY THE

155

NATIONAL

BANKS, ETC.—Continued.
SEPTEMBER 30, 1889—Continued.

Gold coin.

States, etc.

Gold
Treasury certificates.

Silver
Gold
Silver coin.
Treas3learingu r y cer[Ouse certificates. Dollars. •Fractional. tificates.
$254, 526 $151, 936. 95
50, 708
17, 977.40
31,729
6, 834. 97
151,382
99, 572. 80
211, 287 144, 057. 64
221, 473 135, 375.19
118, 554
73, 262. 97
50, 497
54,499. 05
60,886
49, 836. 25
12,169
7, 820. 00

!2, 425, 974. 67 $109,300
312, 000
317, 739. 00
240, 000
631, 680. 00
256, 750
1, 680, 614. 69
190,390
1, 837, 607. 81
1, 594. 795. 00 2, 622, 000
39, 240
1, 082, 062. 69
57, 37C
995, 425. 50
11. 880
332.15
806,
120,00C
602, 185. 00

Ohio
Cincinnati
Cleveland
Indiana
Illinois
Chicago
Michigan
Detroit
Wisconsin
Milwaukee

Division No. 5 . . 21, 974, 416. 51 3, 958, 930

Total.

$76, 972 $3, 018, 709. 62
292,400
990, 824.40
25, 000
935, 243. 97
84, 679 2, 272, 998.49
98,129 2, 481, 471.45
769,150 15, 342, 793.19
34, 00;
1, 347, 124. 66
61, 423 1, 219, 714. 55
22, 825
951, 759.40
6,700
748, 874. 00

J ] , 163, 211 j 741,673.22 1, 471, 283 29,309, 513. 73

902, 414.10
1, 752. 621. 30
251, 010. 20
1, 061,101. 00
1, 284, 739. 50
148,987.50
849, 880. 59
546, 096.15
950, 567. 35

Division No. 8

735, 200

784, 358

409, 943. 02

591, 64c 10, 268, 561. 68

28, 79C
5C
24, 550
140,410
1, 390

$110.000
40, 000

76, 934
804
141, 314
7,500
19,.
142

43, 207. 80
3, 713. 65
52,423. 33
4, 800. 00
24,138. 23
1,076. 70

27, 495
140
21, 29
2,50C
18, 08C

1,915, 354. 32
43, 297. 65
2,468, 552. 83
1, 019,475. 00
1, 048,460. 73
17,223.70

195,19C

150, 000

246, 562

129, 359. 71

69, 506

6, 512, 364.23

16, 56C
7,000
42, 05C

26, 778
9, 220
47,285
13, 062
19, 003
51, 079
7, 030

20, 238.46
3, 663.48
24, 684. 20
5, 790. 55
8, 217. 65
22,159. 50
6, 462. 40

22, i
6,689
14,905
725
8,353
12, 903
2,915

435,196. 56
136, 202.48
743, 019. 20
166, 700.05
569, 799.18
1, 352, 061. 50
211, 590.90

3,120, 608. d's\

Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming

58,976
25, 662
31, 096
81,000
162,110
66, 967
85, 027
57, 859
22, 946

348, 812.10
109, 630. 00
614, 095. 00
147,122. 5i
457, 235. 53
1, 248. 730. 0i
194, 983. 50

Division No. 7 .

82, 674. 61
113, 786. 93
22, 257. 64
15, 032. 60
40, 736. 45
5, 989.
63, 584.90
33, 492. 3S
32, 387. 98

5, 721, 746. 52

Colorado
' Nevada
California
San F r a n c i s c o . .
Oregon
Arizona

145, 479
199, 643
40, 955
25, 200
80, 227
14, 458J
134, 444
57, 780
86, 172

1, 738, 927. 52
38, 590. 00
2,118, 974. 50
824, 265. 00
984, 984. 50
16, 005. 00

Division No. 6

56,120
7, 31C
10,290
395, 00C
130,540
80, 460
26,150
13, 730
15. 600

7, 747, 417. 66

Iowa
Minnesota
Missouri
St. Louis
K a n s a s City
St. J o s e p h
Kansas
Nebraska
Omaha

159, 99C

173,457

91, 216. 24

19, 298

3,614,569.87

17,1
2

1,245, 663. 75
2, 099, 023. 23
355, 608. 84
1, 577, 333. 60
1, 698, 352. 95
316, 862. 05
1,159, 086.49
708, 957.47
1,107, 673.30

71, 601, 529. 94 66, 010, 95C 7, 375, 000:5, 543, 006 3, 728, 900.90 10, 067, 062 164, 326,448. 84

United States

i

1

O C T O B E R 2, 1890.

$41, 820
$602, 874. 89
4,150
268, 771. 25
12,120
316, 702.85
330,130
2, 306, 246. 38
3, 651, 524. 50 6, 538, 790
156, 540
403, 039.36
288,270
1, 384, 923. 24

Maine
New Hampshire
Vermont
Massachusetts
Boston
Rhode Island
Connecticut

Division No. 1.. 8, 934, 082.4'
New York
New York City
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia
Pittsburg I I S yj.Vit.UJLi*

. . . . . . . .

<-»,

7, 371, 820

630,170
3, 060, 378. 34
8, 631, 003. 00 55, 551, 590
511,000
415,144. 50
584, 200
132, 848. 00
256, 520
1,167, 601. 91
402, 830
3, 929, 012.10
1, 731, 829. 50 3,150, 210 $3,150, 000
906, 380
1, 738, 876. 50

« 7 i i « 7 , \Jj.ij.

J-V

$48,
56.
30,
293,
80,
36,
104,

059
098
081
386
266
931
210

649, 031
,
267, 232
15, 435
13, 333
155, 844
491, 700
316, 751
187, 768

$39,218.33
49,127. 21
37, 316. 78
252,934. 59
92, 004. 01
80, 276. 60
117, 233. 67

8, 111. 19 1, 942, 261 19, 565, 305. 66
276,835. 54
255, 873 4, 510, 675. 88
328, 370. 03 3, 681, 74F 78, 459, 940. 03
16,792
8, 554. 75
966, 921. 25
180, 871
944, 035. 20
32, 783. 20
444, 643 2, 208, 314. 58
183, 705.67
480, 232 5, 617, 917. 28
314,143.18
923, 777 9, 553, 729. 81
281,162. 31
314, 846 3, 218, 761. 65
70, 891.15

Division No. 2. 20, 806, 693. 85 71, 992, 900 3,150, 000 1,735,477 1,496, 445. 83




$67,884
$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

'8, 779 105, 480, 295. 68

156

REPORT OF THE COMPTROLLER OF THE CURRENCY.

AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE HELD BY THE NATIONAL
BANKS, ETC.—Continued.
OCTOBER

States, etc.
Delaware
Maryland
Baltimore
District of Columbia .
Washington
Virginia
West Virginia

Gold coin.

2, 1890—Continued

Gold
Gold
Silver coin.
Silver
Treas- clearing"
Treasury cer- house cer
u r y certificates. tificates. Dollars. Fractional. tificates.

$156, 931.14
$7, 000
294, 910. 81
67,450
457,112. 50 2, 260,200
103, 923.50
110, 000
108, 436. 50 1,131, 890
369, 895. 00
47, 680
257,912.28
14,850

$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

271, 348

560
2,080
73, 660

$85, 829
110,370
381,720
13,792
297, 724
129,120
21, 340

Total.

$305, 609.25
572,328.66
3, 224, 585. 88
240, 488. 25
1, 588, 078.05
656, 781. 80
339, 069.45

227, 506. 61 1,039, 895 • 6,926,941.34

184, 338. 30
223, 350. 35
422, 448. 69
29, 654. 65
289, 812. 00
39,719. 00
7, 530. 00
154, 462. 50
737, 805.15
30, 010. 00
548, 288. 80
218, 568.00
422,654. 50

20, 820
2,700
15, 740
301, 500
194, 410
15, 830
44, 400
34, 600
109,880

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

Division No. 4.. 3, 308, 641. 94

816,180

1,182, 574

390, 836.02 1, 289, 857 6, 988, 088.96

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
1,158, 699. 04
59,250
822, 327. 50 116, 580
896,186. 70
39, 840
617, 000. 00 225, 000

304, 698
69,236
25,466
214, 933
222, 857
197,478
117, 510
40, 353
71,724
21,948

150, 806. 22 125,131 3,105, 257. 59
27, 373. 89 172,950 1, 020, 279.49
15, 010.25
22, 032 1, 026,473. 75
111, 890. 35 175, 912 2,580,612.93
143, 473. 63 , 148,488 2, 559, 343.18
216,478. 72 527, 516 17, 006, 659. 22
85, 285. 85
66, 559 1, 487, 303. 89
46, 908. 05
49, 720 1, 075, 888. 55
60, 399. 08
52,137 1,120, 286. 78
7,820. 00
7,891
879, 659.00

North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Orleans
Texas
Arkansas
Kentucky
Louisville
Tennessee

Ohio
Cincinnati
Cleveland
Indiana
Illinois
Chicago
Michigan
Detroit
Wisconsin
Milwaukee

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

1,192, 871.10
67,350
651, 600.70
4,840
1, 017, 869. 45
739,050. 25
30, 000
257, 992. 50
11,120
497, 523. 50 1, 848, 790
886, 925.00
152,430
162,267. 50
71, 260
856,101. 30
97, 500
636, 827. 75
24,170
1, 811,377. 50
36, 390

Division No. 6.. 8, 710, 406. 55 2, 343, 850
Colorado
Nevada .
•
California
San Francisco
Ore°"on
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

8,172
243, 798. 50
13, 486
320, 273. OS
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
99.422
889, 704. 02

1, 286, 203 865, 446.04 1, 348,336 31, 861, 764. 38
193, 018
47, 698
104, 950
46, 002
57, 679
27, 221
123, 995
12,168
150,993
72, 475
88, 490

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

924, 689 430,456. 57 1,421, 428 13, 830, 830.12

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

92,634
3,787
$29, 000 100, 966
290, 000 11,000
17, 729
1,800

42,211. 00
4, 459. 20
50, 488. 30
5, 570. 00
20, 640. 20
1,113.70

Division No. 7.. 5, 956, 513.91

93, 520

319, 000 227,916

124, 482.40

94, 681

26,070
17,100
2.070
60, 320

13, 263
14,870
2,098
56.132
12, 265
20, 288
80, 906
9, 016
846
2,612

12, 77a 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

42,774
23, 047
3,801
30,487

257,164.30
253, 474. 20
107, 573.65
850, 766. 04
232, 505.10
48, 739
645,634. 81
31, 682 1,826, 523. 34
5, 251
239,879. 95
4,545
17, 847. 08
3,721
8,150.92

212, 296

117, 322. 84

194, 047 4,439, 519. 39

North Dakota
South* Dakota
Idaho
Montana
New Mexico
Utah
Washington
Wyoming
Oklahoma
Indian Territory

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

Division No. 8.. 3,632, 213.55

119, 000
56, 790
2,140
T5Q
283,640

40,113 2,127,138.91
218
49, 616. 70
28, 831 2, 066, 636. 80
8,000 '1,159, 612. 50
16,999 1, 359, 564. 70
520
53, 543. 70
6, 816,113. 31

United States.. 74,664, 833. 34 93, 335, 600 3, 469, 000 6, 489, 534 4,320, 607. 5013,629,284 195,908,858.84




REPORT OF THE COMPTROLLER OF THE CURRENCY.

157

AMOUNT OF EACH KIND OF COIX AND COIN CERTIFICATE HELD BY THE NATIONAL
BANKS, ETC.—Continued.
SEPTEMBER 25, 1801.

States, etc.

Maine
New Hampshire
Vermont
Massachusetts
Boston
Bhode Island
Connecticut

Gold coin.

Gold
Gold
Silver coin.
Silver
Treas- clearingTreasury cer- house cer-!
u r y certificates. tificates. ' Dollars. 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

Total.

210,670
351, 440

$37,428
57,414
30,175
230, 782
63, 776
41, 332
77, 653

$40, 981.04
$90, 391
43,181, 41
71, 550
48, 748. 68
45,545
273,482. 61
490,108
131, 608. 95 1, 481, 759|
83, 205. 28
187, 918
123, 855. 48
313, 274J

Division No. 1.. 9,106,473.64 4,758,160

538, 560

745, 063.45 2, 680, 545| 17,828, 802. 09

419,431.90
1, 520, 844. 90

New York
3, 226,137. 64j
665, 770
New York City .. 9,845,117.00 37,523,360
Albany
348, 577. 00 j 454, 000
Brooklyn
126.711.501- 392,000
1, 253, 470. 56
302, 290
New Jersey
4, 307, 482. 36!
487, 960
Pennsylvania
Philadelphia
1, 872, 449. 001 1, 740, 720 $6, 675, 000
Pittsburg
2, 203, 511. 50i
515, 580

$903,641. 34
472, 319.91
476, 810.88
3, 713, 632.10
8, 926, 773. 30
942, 557.18
2, 393, 067. 38

^2876751^7887296710
5, 871, 631
19, 91ll
271, 562|
528, 855!
686, 739i
1, 651,178
237, 345

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, 462. 56 42, 081, 680 6, 675, 00l)i 1,483,118 1, 621, 583.10 9, 595, 896 84, 640, 739.

Delaware
Maryland
Baltimore
District of Columbia .
Washington
Virginia
West Virginia

128, 212. 00
14,!
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, 611. 68
15, 340

Division No. 3 . . j 2,155, 852. 88 2, 782, 430
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Orleans
Texas
Arkansas
Kentucky
Louisville
Tennessee

266, 716. 86
66, 441.85
237,152.
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

ID i v i s i o n N o . 4-.{ 3,538,692.28

Ohio .
Cincinnati .
Cleveland
Indiana
Illinois
Chicago
Michigan
Detroit.....
Wisconsin
Milwaukee.

580, 690|.

I 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. 501 5, 449, 500
1, 384, 866. 091
69, 700
725, 296. 00
38, 000
1, 284, 673.74
45, 300
170, 000
674, 530. 00

1, 308, 988. 24
112, 710. 00
735, 091.94
1, 714, 857. 97
616, 167. 50
304, 751. 00
1, 437, 512. 00
1, 038, 627. 50
195, 733. 50
1,115, 800. 05
771, 823. 90
1, 672, 940. 40

87,260 .
20, 300
14,000

Division N o . 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

302,183 258, 761. 59 1,441, 621

6, 940, 848.47

36, 255. 48 15, 090
364, 758. 34
33, 700. 25
153, 258.10
7,461
44, 567. 30 126, 984
517, 407.10
22, 598. 95
150, 864. 35
13, 571
24, 789.75
428, 612. 25
78,974
120,449. 45
9, 580. 95 32, 373
135,174. 00
18, 327. 50 45, 526
38, 571. 95 626, 495 1,186, 215. 45
102, 383. 91 491, 866 2, 019, 723.11
141, 061. 30
4, 942. 30 25, 341
756, 422. 53
63,370
37,181.86
408, 923. 35
10, 319. 35 14, 2001
981, 516. 81
83, 551
62,196. 31

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. 5.. 25,670,921.24 7, 755, 0101Iowa
Des Moines
Minnesota
St. Paul
Minneapolis
Missouri
St. Louis
Kansas City
St. Joseph."
Kansas
Nebraska
Omaha

36, 235
45, 342
84,218
2,735
17, 946
91, 024
24, 683

1,174, 786 445,415. 86 1, 624, 802| 7, 364, 386.14
"283^858 176, TlT
67,766 29,437. 74
34, 045 23. 507. 00
220,358 124, 001. 38
2 8 0 , 2 • • 187,171.87
222, 513 201, 863. 25 1,
127, 808 92, 223.39
33,017 37, 310. 00
87, 007 74, 814. 01
16, 230 12, 722.02

168,081 3, 595, 653. 94
470,212 1, 668,194. 24
28, 621 1, 095, 585. 50
219, 825 3, 221, 737. 68
3, 547,169. 62
249,155
250, 591 20,142, 612. 75
93, i71 1,767, 768. 48
928,420. 00
94, 797
61,831 1, 553, 625. 75
40, 754
914, 236. 02

1,372, 870 959,164.74 2,677, 038 38,435, 003. S
177, 690
18,404
54, 611
30, 906
53,091
62, 396
37,117
141, 931
21, 533
133, 377
78, 552
91, 303
1 900, 911

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
50, 000
53, 304
227, 210
181,750
42,105
832, 430
264, 032
72, 751
134, 639
71, 496
52,193

1, 785, 339. 44
190, 6^6. 35
900, 967. 98
2, 005, 037.92
874, 054.15
457, 535.18
3, 736, 180. 70
1, 658, 092. 85
327, 754. 70
1, 492, 449. 57
994, 157. 74
1, 902, 702. 66

437, 525. 24 2, 093, 439 16, 324, 909. 24

158

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—Continued.

States, etc.

Gold coin.

Gold
Gold
Silver
Silver coin.
Treas- clearingTreasury cer- house cerury certificates. tificates. Dollars. Fractional. tificates.

Colorado
Nevada
California
San F r a n c i s c o . .
Oregon
'.
Arizona

$1,886, 841.60
37, 210. 00
1, 701, 832. 50
1, 026, 225. 00
1, 409, 640. 97
36,130. 00

Division No. 7

6, 097, 880. 07

78, 840

185, 076.
175, 387.
128, 630.
738, 850.
145, 850.
526, 641.
1, 556,435.
217,156.
6, 385.
5, 647.

25, 800
19, 400
260
6% 200

N o r t h Dakota
South Dakota
Idaho
Montana
N e w Mexico
Utah
Washington
Wyoming
Oklahoma
I n d i a n Territory . . .
Division No. 8
United States

3,686,060.57

$52, 720!
""2i,"890

$35, 000
590, 000

4,230

625, 000 342,873

$2, 252, 792. 64
41, 275. 45
1,951,334.90
1, 655,425. 00
1,480, 276. 95
40,823. 85

187,939. 72

9, 396

7, 421,928. 79
277, 473. 92
265, 228. 89
157,137. 65
939, 936. 69
167, 726.15
709,140. 71
1, 775, 416. 53
241,051.65
7, 915. 25
17, 430.10
4, 558,457. 54

5,116
268,830|

886. 60

41, 002
39, 712
13, 885
42, 690
2,041
18, 716
35, 985
6,467
720
5,780

233,272

101,400
57, 580
.190

163, 296.97

206, 998

84,464, 347. 24|60,173, 670 7, 300, 000 6, 348, 573 4,¥l^75o767 20, 409, 735 183, 5157o75f91

1892.

7, 870
$743,629.39
34,330|
318,934.18
18, 490'
367,132.50
2, 705, 756.35
228, 090
3, 713, 614.00 4,990, 210
482, 412. 30
197, 120
1, 622,266.05
230,410

$43,077
65,434
32, 795
236, 327
63,391
29, 248
82, 265

$47,450.76 $101,324 $1,013, 351.15
48, 332.48
81,675
548,705. 66
48, 565.19
38, 643
505, 625. 69
296, 995. 63 589, 326 4, 056, 494. 98
128, 725. 55 1, 864, 358 10,760, 298. 55
95,906. 80 195,167
999, 854.10
148, 681. 97 334,144 2,417, 767.02

552, 537 814, 658.38 3,204, 637 20,302, 097.15

Division No. 1 . . 9,953,744.77 5, 776, 520L.

New York
New York City...
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia
Pittslrarg

$52, 516
280
19, 925
3,000
13,675

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

SEPTEMBER 30,

Maine
New Hampshire
Vermont
Massachusetts
Boston
Hhode I s l a n d
Connecticut

$208, 684 $52, 031.04
1,770
2, 015.45
98,455 74, 232.40
13,000 23,200. 00
18,037 34, 693. 98
2,927
1,766.85

Total.

774.700;
3,475, 672.
12,146, 883. 00 44.
-,618,480'
438, 000
312, 807. 50
462, 250!
130,174.50
332,690
1, 318, 017.17
4,407, 338.18
501, 920|
2,102,139.50 2,109, 380 $7, 730, 000
66i,600|
2, 682,329. 50

231,719
151,290
11, 683
17, 740
156,190
495, 726
313,277
135,889

304, 826.98 413, 385
467,497.07 5,183,921
10,161.45
29,422
46, 339. 99 250,547
186, 759.75 549,640
369,144.33 832, 631
287, 594. 54 2,079, 813
121,539. 35 488, 635

5,200, 303.01
62, 568,071.07
802,073. 95
907, 051. 49
2, 543, 296.92
6, 606, 759.51
14,622,204.04
4, 089, 992. 85

Division No. 2.. 26, 575,361.38 49, 899, 020 7, 730, 000 1,513,514 1,793,863.46 9, 827, 994 97, 339, 752. 84
Delaware
Maryland
Baltimore
District of Columbia.
Washington
Virginia
West Virginia

137, 330. 90
385,519.66
983,166. 00
83, 847. 00
243, 560.40
420, 718.40
292,404.53

Division No. 3.

2, 546,546.89

North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Orleans
Texas
Arkansas
Kentucky
Louisville
Tennessee

241, 342. 00
91, 960.35
258, 390.94
58,459. 28
238, 697.00
102, 270. 80
42,275.50
133,561.00
1,224, 397.90
71,275. 00
483, 863. 25
462,426. 00
566,592. 50

Division No. 4.. 3,975,511.52




, 11, 580|
71, 320,
1,130,400
142, 000
1,098, 780
62, 000
26, 260
2, 542, 340
2,640
27, 300
1,540
44,800
2,970
6,040
373,090
146, 540
21,480
54,930
39,780
115,120
836,230...

26, 690
34, 845
67,828
3,995
17, 976
82, 215
37,112

41, 537. 95
45.902. 60
71, 094.10
3,144. 25
33, 284. 20
75, 014.08
28, 806. 55

335,271. 85
118,133
699,042. 26
161,455
941, 894 3,194, 382.10
281,498.25
48. 512
372, 710 1,766,310. 60
775, 260.48
135,313
474, 989. 08
90, 406

270, 661 298, 783. 73 1, 868, 423 7, 526,754.62
345, 606. 68
38,128. 68
10,364
53O32
35,852
252,858. 25
§6, 845 38,200. 90
79, 903.93
80,786
574, 755. 87
128,375
5,856
197, 515.43
105, 042 26, 618.15
39, 305.00
519, 403.00
88, 908
107,693
21,510
148, 068.45
10,744 10, 573.65
14, 020. 05
41, 580
140, 210. 55
36, 295
76, 557 52, 243.18 1,601,183 2,236, 634.18
486,916 119, 597. 23 558,565 2, 535, 016.13
41,506
184,805.55
39,572 10,972.55
85, 353
745,988. 79
81, 881 39, 961.54
27, 320
569,722. 63
29, 652 10, 544.63
184,994 73, 738.11 130, 266 1,070, 710.61
11,426,698

553,807.60 2,729,049

9, 521, 296.12

REPORT OF THE COMPTROLLER OF THE CURRENCY.

159

AMOUNT OF EACH KIND OF COIN AND COIN CERTIFICATE HELD BY THE NATIONAL
BANKS, ETC.—Continued.
SEPTEMBER B , 1892—Continued.
O

States, etc.

Gold coin.

Gold
Silver
Gold
Silver coin.
Treas- clearingTreasury cer- house cer- Dollars. Fractional. ury ceri
tificates. tificates, ";
tificates.

$2, 922, 193. 04 $198, 830
815, 770
539, 215. 00
302, 000
1, 035. 070. 50
591, 150
2, 458, 641. 26
436, 160
2, 841, 613.78
14, 644, 030.00 5,969. 880i
60, 780|
1, 400, 258. 38
50, ] 501
938, 042. 50
55, 420j
1, 507, 862. 29
125, 000!
819, 550. 00

$329,524
94, 767
32,171
236, 457
284,849
223,114
118, 769
25, 767
95,142
9,323

Division N o . 5.. '29,106,476.75J 8, 605,140

1, 449, 883

Ohio
Cincinnati
Cleveland
Indiana
Illinois
Chicago
Michigan".
Detroit
"Wisconsin
Milwaukee

Iowa
Des Moiiies
Minnesota
St. Paul
Minneapolis
Missouri
St. Louis
Kansas City
St. Joseph
Kansas
Nebraska
Omaha

1, 471,192. 70
123, 268. 00
1, 691,711.80
671. 912. 50
314| 155. 70
1, 319,193. 0(.
841, 267. 50
173, 012.00
1,123,074. 05
992, 968. 81
2, 025,212. 00

'80'.
U8,7i
000 .
830'.
170 .
OOOj .
390 .
480 .
920 .
58, 580 .
750|.
730 L
000 .

2, 546, 291. 85
3, 630
44, 765. 00
1, 552, 025. 00 19, 940
1, 086, 610. 00 402,100
3, 020
1, 313, 437. 50
68, 310.00

Division No. 7.. 6, 611, 939. 35 508, 690
North Dakota
South Dakota
Idaho
Montana
New Mexico
Utah
Washington
"Wyoming
Oklahoma
Indian Territory
Division No. 8..
"United States..

296, 862. 00
271, 733.50
164,863. 40
930, 457. 50
160, 492. 50
746, 022. 75
1, 744, 552.10
303,330.35!
20, 307. OOl
12, 537. 50 i
4, 651,158. 60

199,925
1, 682
77,040
30,000
25, 772
3,245

3, 011, 783.09
48. 694. SO
3i,602 1, 832, 505. 79
7,000 1, 589,170. 00
13, 908 1, 394, 014. 61
77, 091. 85

83,157. 24
2, 247. 30
71, 898. 79
13,460. 00
37, 877.11
5,036. 85

98,779

130, 000 337, 664 213, 677. 29

151,289

$80,000
50. 000

19,852
28, 45"
9,906
61, 270
20, 884
41.159
78.160
17, 513
6,469
4,611
288,281

95, 021, 952. 7771, 050,1801 7, 860,000 6




971, 046.86 2, 883, 763 43, 016, 309. 61

945, 846 543, 439.40 2,125, 788 17, 860, 916.91

22,950.
10,620 .
1, 230...
71, 810 .
4,860!.
73,910!.
49,570 .
360 .
460 .
1, 840 i.
237,610!.

603. 76
2, 028, 301.15
1, 433, 211. 50
3, 641, 616. 60
3, 991, 582. 21
22, 315, 853.90
1, 769, 522.99
1,176, 104. 55
1, 837, 144. 95
974, 365.00

156, 434 2,041, 613. 95
168, 038 127,169.25
9,800
173, 676.15
13,336 20, 272.15
62, 676 42, 392. 76
49, 718 1, 018,862. 21
17,786. "'"
17,250 1, 811,218.47
82, 300
74,200
53, 664 42,627. 78
847, 404.28
52,567
59,235 26,089. 05
467, 436. 75
,
34,223 22, 704. 85 . 132. 924 4, 591,524. 85
45,402. 75
240,561 1, 522,074. 25
141, 9!
7, 726. 30
79, 322
334, 217.30
15, 577
142, 572 77, 017. 91 169, 483 1, 567,896. 96
92, 805 1,258, 236. 69
86, 085 59, 647. 88
50, 724 2,226, 755.05
86, 217 54, 602. 05

Division ]STo. 6.. 11, 601, 213. 51 2,644,630.
Colorado
Nevada
California
San Francisco
Oregon
Arizona

$189, 223. 72 $208, 833
21, 092.15 557. 460
22, 970.00
41, 000
136, 619.34 218,749
189, 027.43 239.932
188,982.90 1, 289, 847!
89, 904.61
99, 811J
48,841. 05 113, 304
73, 426. 66 105,294
10, 959. 00
9,533

Total.

23,244.
17, 031.
9,816.
57, 349.
8, 788.
27, 066.
60,455.
8, 592.
1,478.
2,611.
216, 434.20

7, 953, 259.64

21, 757
28, 559
6,920
46,194
1,032
17, 874
58, 323
3.412
8,804

384, 665.85
356, 400. 54
192,735. 53
. 167, 081.15
,
196,056. 83
906, 031. 78
L, 991, 060.55
333,208. 02
37, 518.70
31, 232.85

202, 508

5,595,991. 80

5,405,710. 92 22, 993,451 209,116,378.69

160

REPOKT OF THE COMPTROLLER OF TPIE CURRENCY.
LAWFUL MONEY RESERVE OF THE NATIONAL BANKS, AS SHOWN BY TTIE
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
9 Pennsylvania
10 Delaware
n Maryland
12 District of Columbia
13 Virginia
14 "West Virginia
15 North Carolina
16 South Carolina
17 Georgia
18 Florida
19 Alabama
20 Mississippi
21 Louisiana
22 Texas
23 Arkansas
24 Kentucky
25 Tennessee
26 Ohio....
27 Indiana
28 Illinois
29 Michigan
30 Wisconsin
31 Iowa
32 Minnesota
33 Missouri
34 Kansas
35 Nebraska
36 Colorado
37 Nevada
38 California
39 Oregon
40 Arizona
41 North Dakota
42 South Dakota
43 Idaho
,
44 Montana
45 New Mexico
Utah
46
47 Washington
48 Wyoming
49 Oklahoma
50 Indian Territory
Total of country banks.

Total of United States..



I No. of
I Banks.

263^
"343"
81
54
49
213
59
84
266
98
307
18
43
1
36
28
23
14
32
18
29
13
11
223
10
72
55
216
106
188
96
74
157
59
57
142
128
53
2
34
41
4
33
40
11
34
11
14
70
13
4
6
3, 773

Deposits.

Reserve
required,
25 per cent.

Reserve
held.

$391, 870, 202 $97, 967, 550 103, 416, 901
26, 634,476 30, 510, 561
106,537, 902
29,228,153
7, 307,J)38_ 6.157, 311
"527:636, 257 1317909,064 140, 084, 773
129, 976, 025 ~327"4947606 37,131, 369
2, 464,253
3, 258, 658
9,857, 014
3,254,081
016,325
3, 376,177
13, 657, 325
27, 414, 331 31, 848, 419
109, 441, 290
9, 860, 322 11, 827, 999
39, 033, 004
6, 758, 251 8, 718. 308
27, 554,851
2, 638, 713
3, 826, 821
10, 266,940
4,316,735
4,664, 657
17, 099, 475
2, 962, 582
2, 524,869
10, 824, 510
8, 206,128
9, 694, 709
32. 109, 647
5, 042, 412 6, 645, 930
20, 020, 292
4, 755, 073 5, 633, 750
19,,437,669
1,859,417
2. 360, 657
7, 770, 888
692, 722
' 717, 563
,977,194
2,
3,494,299
3, 326, 887
13., 517, 843
2, 629, 461 3, 090, 003
,983, 543
10,
4,995, 886
7, 262, 440
,489,468
19,
1, 372, 367 1, 580, 093
,
5. 348, 555
3,837,139
6, 253, 285
,859,578
15,
1,214,894
1, 918, 635
4,
519,301, 436 ~129, 825, 359~ 156,098, 942
. 046,937, 693 261/734^423 296; 183, 7i^
,
(15per cent.)
13, 563, 581
2, 034, 537 4, 229, 297
9, 224, 330
1, 383, 650 2, 639, 956
8, 822, 503
1, 323, 375 2, 645,963
18, 028,158
76, 951, 207 11,542,681
5,077, 205
20,788,213
3.118,232
35, 832, 635
5; 374, 895 10, 316, 950
98,889,909
14, 833, 486 26, 242, 928
55,188, 257
8, 278, 239 14,762,018
110,159, 824
16, 523, 974 31, 085, 321
786, 556
1, 717, 420
5, 243,708
1,553,156
2, 547, 617
10, 354, 376
143,449
362, 512
956, 328
2, 354,316
3,844,905
15, 695, 441
1, 029, 308 2,169, 613
6, 862, 050
591,153
1,072, 399
3,941,022
510, 309
706,645
3, 402, 058
889, 684
1,561,443
5, 931, 226
667, 542
1,142, 384
4,450, 279
807,136
1, 294, 392
5, 380, 905
240, 602
450,556
1,604,012
216, 696
335,815
1,444,641
4, 781, 782 9,221,975
31, 878, 544
317,406
583,974
2,116,043
2,146,403
4, 232,174
14, 309, 353
2.458,233
3,975, 643
16, 388,219
9,563, 706 18,559,013
63, 758, 043
5,537,418 13,436, 958
36, 916,118
8,075, 527 14,414,866
53,836, 847
4,713, 556
9,270,459
31,423, 707
3, 692, 594 6,654, 931
24, 617, 295
4,506, 544
8,555,155
30, 043, 625
2,503,308
3, 992, 721
16, 688, 720
1,252,432
2, 376,718
8, 349,544
3,208, 509
8,452,377
21, 390, 057
3, 049, 311 5, 813, 896
20, 328, 742
4,477, 576 10,981,295
29,850, 509
75, 016
85, 339
500,104
1, 906, 992 3, 610, 821
12, 713, 281
1, 601,514
2,456,852
10, 676, 761
75, 075
500,498
158,41""
977,253
1,448, 3
6, 515,018
768, 806
1, 278,013
5,12o, 374
305,179
2, 034,529
479, 322
2, 291,170
15, 274,467
4,468,808
377, 024
2, 513, 495
637, 318
693,904
4, 626, 028
1, 755, 635
2,197,142
14, 647, 610
4, 296,986
419, 404
918, 047
2,796, 028
238,131
97,747
651, (348
181, 796
57^813
385, 419
"9757542,131
146,331, 320 274, 769,504
2, 022,479,824" 408, 065, 743 570, 953, 219

Ratio of
reserve.
>er cent.
26.39
28.64
21. 07
26. 55
"28757
33.06
25.94
29.04
29.99
32.25
36.26
27.01
29.33
29.53
32.95
29. 62
31.74
25.90
23.80
29.38
36.34
28.78
40.74
39.48
30.06

31.18
28.62
29.99
23.43
24.42
28.79
26.54
26.75
28.22
32.75
24.60
38.06
24.50
31.62
27.21
20.77
26.33
25.6"
24.06
28.09
23.25
28.93
27.60
29.58
24.26
29.11
36.40
26.78
29.50
27.03
28.48
23.92
28.47
39.52
28.60
36.79
17.06
28.40
23.01
31.66
22.23
24. 93
23.56
29.26
25.36
37.95
29.34
32.83
36.54
_47JL7
28.17
"28723

REPORT OF THE COMPTROLLER OF THE CURRENCY.
1

REPORTS OF CONDITION

AT THK CLOSE OF BUSINESS OX SEPTEMBER 30,

Cash reserve.
Held.



1892.

Classiiication of reserve held.
Specie.

Due from
reserve
agents.

Lo.-al
tenders.

$97,679, 965 $103,129, 316 $62,568,071 $32, 642, 245
6, 876, 207
30, 452, 061
26, 575,976
22, 315, 854
1, 315, 536
4, 591, 525
6.137, 061
_7 L 28_6 1 788
131, 542, 729" 139, 718,438" 89, 475, 450 40,8377988
5, 046,
16,242,107
"16,12ir567~
299,
1, 201,121
1, 225, 377
754,
1, 661, 515
1, 614, 846
3, 874.
20,086, 794
13, 612, 947
2, 892,
4, 890,123
6, 982, 657
961,
3,349, 876
5, 315, 588
860,
1, 305, 8572, 666, 651
764,
2,136, 992
3,001, 621
964,
1, 251,184
1, 534, 455
2, 466,
4, 041, 934
5, 364, 307
1, 315,
2, 506, 423
2, 748, 211
2, 366,287
2, 327,458
1,151,
921, 836
1, 342,422
368,
342, 986
341,530
167,
1, 740, 399
2, 002,252
191,
1, 306, 855
1,414, 299
566,
2,485, 568
2, 667, 974
1,145,
679,434
632,780
298,
1, 902,144
2, 970,379
743,
605,197
1,660, 717
71,
64, 407L832_
24, 901
82,164. 838
"19579507561" 221, 883, 276~ 142, 540, 621 65, 742, 655
746, 531
1, 291,410
501, 974
731, 621
482, 291
781,801
4,325, 747
6,282,176
1,134,950
1,581, 602
2, 038, 665
3, 207, 695
5, 678, 860
8,269*, 290
3, 233, 965
5, 047, 863
6,400,183
10,934, 860
301, 323
521,535
595. 330
1,017,591
52, 880
311, 034
917, 245
1, 778, 800
397,481
926, 432
223,176
617,629
195, 686
489,724
337,461
916, 242
260,177
456,031
302, 892
799,918
89, 874
329, 448
82,134
222,100
1, 820, 655
5,117,424
121,183
339, 256
798, 227
1, 321, 203
957, 615
2,138, 806
3,682, 525
7, 669, 240
6,159,118
2,141, 637
3,139,134
6, 048, 239
1, 841, 449
2, 680, 894
1,446, 924
2, 429, 946
1,743,737
3, 384, 948
1, 390, 241
980, 420
479. 882
835,240
2,518,449
1, 232, 711
1,178, 677
1, 811, 548
1, 760, 652
4,507, 560
28,737
49,541
737, 259
1, 968, 389
626, 352
1,431, 320
28. 667
100,798
381,013
587,139
296,537
612,485
119,029
252.930
900, 617 . 1,735,932
145,140
276, 496
269. 012
993,138
848, 432
2,134, 835
162, 362
364,108
38,199
72, 505
21,505
49,518
56,2277114 "1057496,1)48
675 j 327, 379, 324 I
252,177,

161

Redemption
fund with
Treasurer.
$287, 585
58,500
20, 250
""3667335"

1, 590, 000
1,160, 000
40. 000
870, 000

4.395,000
13, 600, COO

1, 013, 351
278,059
548, 706
182, 915
505, 626
276,175
4, 056, 495 2, 050, 681
175,000
999, 854
581, 748
789, 928
2,417, 767
160, 000
5, 200, 303
2, 908,987
10, 000
2, 543, 297
2.494, 566
10, 000
6, 606, 760 4,318,100
50,000
335, 272
176, 263
699, 042
318,549
281, 498
29, 536
775,260
1, 003, 540
474, 989
451,443
345, 607
272,022
252, 858
236, 866
574, 756
341,486
197, 515
258, 516
519, 403
280, 515
148, 068
181, 380
140, 210
81, 890
2, 535,016
2, 582, 408
184, 805
154, 451
745, 989
575.214
1, 070, 711
1, 068, 095
3, 848, 604
3, 820, 636
3, 641, 617
2, 517, 501
3, 991, 582
2, 036, 657
20,000
1, 769, 523
911, 371
592,801
1, 837,145
1, 343, 334
2, 041, 614
371, 379
1, 018. 862
367,803 |
467, 437
940,552
1, 567, 897
10,000 I
553, 311
1, 258, 237
1.495, 777
3, 011, 783
847
48, 694
1, 832, 506
135, 883
37, 306
1, 394, 014
23, 706
77, 092
202,473
384, 666
256, 084
356,401
60,195
192,735
1,167, 081
568, 851
196, 057
80, 439
906, 032
87,106
143, 774
1, 991, 061
30, 900
333.208
34, 986
37, 519
18,285
31,233
66, 575, 758 1^7525,290 j
395, 000
209,116, 379 104, 267, 945 | 13, 995,000

" $20,638, 389
2, 044, 037
1,690, 272
11, 573,188
4, 765, 267
3,344, 220
1,133,170
1,620, 286
1,405, 627
4, 208,142
3, 868,154
3,283, 792
1, 002, 440
369, 283
1, 311,135
1, 659,954
4,569, 716
933, 813
3, 250, 056
253. 418
72, 924, 409
72, 924,409

13,500
24, 390
188,437
80, 075
58, 500
27, 000
42,750
22, 500
122, 260
29,565
22,500
15,745
6,750'
13,500
15,750
24,750
13,500
32, 850
4,500
1,009,695
1, 376, 030

2, 769, 677
1, 779, 620
1, 746, 515
11, 017, 668
3, 214, 747
6, 831, 022
17, 337, 303
9, 520,829
19,626, 946
1,162,635
1,465,195
40, 228
2, 004, 900
1,207,576
421, 557
195, 827
599,171
669,253
444, 569
105,190
102,353
3, 874, 408
230,268
2, 760,135
1, 772, 642
10, 532, 378
7, 094, 516
8,138, 934
6, 479, 631
4,149, 700
5, 023, 006
2, 550, 222
1,488, 752
5, 807,198
3, 899, 729
6, 397, 789
32,625
1, 578, 589
989, 898
54, 261
836,460
638,064
218,785
2, 693, 249
346, 647
741,122
2, 086, 089
540,439
163,376
128, 229
163, 509, 922
236, 434, 331

168, 210
128,715
117,647
728,313
280, 856
278,233
636, 335
193,326
523, 516
33,250
64, 831
11, 250
61,204
35,605
33, 213
21,094
46,031
17,100
49, 905
15, 918
11, 362
230,143
14,450
150, 836
64,195
357, 395
183,324
227, 693
109,935
75, 285
147, 201
52,258
52,726
126, 730
102, 618
75, 946
3,172
63, 844
35,634
3,407
24,720
27,464
7,606
39,627
14,175
21,375
76, 062
13,500
2,250
4,049
5,763,534
7,139, 564

162

REPORT OF THE COMPTROLLER OF THE CURRENCY.

L I A B I L I T I E S O F T H E N A T I O N A L BANKS, AND T H E R E S E R V E R E Q U I R E D AND H E L D OIS
T H R E E D A T E S I N T H E YEARS 1887, 1888, 1889, 1890, 1891, AND 1892.

STATES AND TERRITORIES EXCLUSIVE OE RESERVE CITIES.
Reserve held.
Date.

No. of
banks.

Net deposits.

Reserve
required. Amount. Ratio to
deposits.

Millions. Millions.
102.4
682.8
102.4
683.0
103.6
690.6

Classification of reserve.
Specie.

Other
lawful
money.

RedempDue
from
tion
agents. fund.

Millions. Per cent. Millions. Millions. Millions. Millions.
29.1
ll>8. 9
51.1
32.9
107.8
6.8
189. 5
27.7
48.9
31.3
102.6
6.6
190.9
27. 6
50.8
32.6
100.9
6.6

May 13,1887
Aug. 1,1887
Oct. 5,1887

2,676
2,724
2,756

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 13,1889
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
133.3
132.4

5.6
5.6
5.5

May 17,1890
J u l y 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
July 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

May 17,1892
J u l y 12,1892
Sept. 30,1892

3,393
3,418
3,430

929.2
950.3
975.6

139.4
142.5
146.3

274.2
282.2
274.8

29.5
29.7
28.2

65.3
66.4
66.6

38.7
38.8
38.9

164.5
171.2
163.5

5.7
5.8
5.8

M a y 13,1887
A u g . 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
28.2

63.6
65.0
63.6

18.8
17.2
16.1

0.4
0.4
0.4

A p r . 30,1888
J u n e 30,1888
Oct.
4,1888

46
46
46

316.7
338.4
342. 2

79.2
84. G
85.5

94.8
102.7
96.4

29.9
30.3
28.2

69.4
73.4
73.9

2,5.0
28.8
22.1

0.4
0.4
0.3

M a y 13,1889
J u l y 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
J u l y 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

M a y 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

26.9
29.9
26.3

58.6
55.6
53.8

29.5
43.1
32.0

0.2
0.2
0.3

May 17,1892
J u l y 12,1892
Sept. 30,1892

48
48
48

437.3
424.5
391. 9

109. 3
106.1
98.0

127.8
124.7
103.4

29.2
29.4
26.4

85.2 i
75.8 !
62.6 I

42.3
48. 5
40.6

0.3
0.4
0.2

M a y 13,1887
A u g . 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

A p r . 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
77.6
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

0.05
0.05
0.05

May 17,1890
J u l y 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

May 17,1892
J u l y 12,1892
Sept. 30,1892

22
22
23

111.4
114.4
106.5

27.9
28.6
26.7

36.8
34.0
30.5

33.0
29.8
28.6

23.3
23.1
22.3

13.4
10.9
8.2

0.05
0.05
0.05

NEW YORK CITY.

CHICAGO.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

163

LIABILITIES OF THE NATIONAL BANKS, AND THE RESERVE REQUIRED AND HELD OJS
THREE DATES, ETC.—Continued.
ST. LOUIS.
Reserve held.
Date.

Net debanks. posits.
No. of

Millions.

Reserve
required.

Ratio to
Amount. deposits.

Millions. Millions.
2.2
3.3
3.4
27
2.7
2*. 6

Classification of reserve.
Specie.

Other
lawful
money.

RedempDue
from
tion
agents.
fund.

Ter cent. Millions. Millions. Millions. Millions.
1.5
36.4
1.8
0. 03
31. 9
1.6
1.8
0.03
26.4
1,3
1.3
0.03

May 13,1887
Aug. 1,1887
Oct. 5,1887

5
5
5

9.1
10.8
10.3

Apr. 30,1888
J u n e 30,1888
Oct.
4,1888

4
4
4

8.7
8.9
7.9

2.2
2.2
2.0

3.5
3.7
2.1

40.1
42.0
27.1

1.6
1.8
1.0

1.8
1.9
1.1

0.03
0.03
0.02

May 13,1889
July" 12,1889
Sept. 30,1889

4
5
5

7.5
11.3
12.0

1.9
2.8
3.0

3.5
4.6
3.2

46.8
40.1
26.7

1.9
2.2
1.6

1.7
2.3
1.6

0.01

May 17,1890
J u l y 18,1890
Oct.
2,1890

8
8
8

26.0
27.2
26.2

6.5
6.8
6.5

6.5
6.6
5.6

25.0
24.4
21.3

3.3
3.3
3.1

3.1
3.3
2.5

0.02
0.02
0.02

May 4,1891
J u l y 9,1891
Sept, 25,1891

8
9
9

25.0
23.6
24.2

6.2
5.9
6.1

6.1
5.6
5'. 8

24.4
23.8
23.8

3.7
4.0
3.8

2.4
1.6
2.0

0.02
0.02
0.02

May 17,1892
J u l y 12,1892
Sept. 30,1892

9
9
9

27.8
27.5
29.2

7.0
6.9
7.3

7.9
6.5
6.2

28.4
23.6
21.1

5.9
5.0
4.6

2.0
1.4
1.5

0.02
0. 02
0.02

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
1.2

Apr. 30,1888
J u n e 30,1888
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

106.2
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
110.9v
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
6.1.0

0.7
0.7
0.8

May 17,1892
J u l y 12,1892
Sept. 30,1892

262
262
263

520.6
534.3
519.3

130.1
133.6
129.8

184. 0
178.6
156.1

35.4
33.4
30.1

59.3
59.0
53.0

38.0
37.4
29.1

85.8
81. 3
72.9

0.9
0.9
1.0

May 13,1887
Aug. 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

7.6

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

May 17,1892
J u l y 12,1892
Sept. 30,1892

3,734
3,759
3, 773

2, 026. 3
2,051.0
2, 022. 5

413.7
417.7
408.1

630.7
626. 0
571. 0

31.1
30. 5
28.2

239.0
229. 3
209.1

134.4
137.1
118. 3

250. 3
252. 5
236.4

7.0
7.1
7.2

O.OL

0.01

OTHER RESERVE CITIES.

SUMMARY.




164

REPORT OF THE COMPTROLLER OF THE CURRENCY.
STATE OF THE LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AS
STATES AND

Dates.

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. 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.
J u l y 9,1891.
Sept. 25,1891.
Dec. 2,1891..
Mar. 1,1892..
May 17,1892.
J u l y 12,1892..
Sept. 30,1892.

No. of
banks.

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
3,349
3,370
3,393
3,418
3,430

Net deposits.

$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
883, 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
867,016,129
909,876,403
929,173, 506
950,252, 797
975, 542,131

Reserve required.

$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
130,052,419
136,481,460
139, 376, 025
142, 537, 920
146, 331, 320

KESERVE
Oct. 7,1886.
Dec. 28,1886
Mar. 4,1887.
M a y 13,1887.
A u g . 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.
M a y 13,1889.
July 12,1889.
Sept. 30,1889.
Dec. 11,1889.
Feb. 28,1890.
M a y 17,1890.
July 18,1890.
Oct. 2,1890.
Dec. 19,1890.
Feb. 26,1891.
M a y 4.1891.
July 9,1891.
Sept. 25,1891
Dec. 2,1891
Mar. 1,1892
M a y 17,1892
July 12,1892
Sept. 30. 1892.




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
343
341
341
341
343

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
916, 744, 509
1,061,786,647
1, 097,165, 067
1,100, 686,179
1,046,937, 693

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
214,521,163
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
229,186,127
265,446, 662
274,291, 266
275,171,544
261, 734, 423

REPORT OF THE COMPTROLLER OF THE CURRENCY.

165

SHOWN BY THE REPORTS FROM OCTOBER 7, 1886, TO SEPTEMBER 30, 1892.
TERRITORIES.
Reserve held.

Classification of reserve held.

Amount.

Ratio
to liabilities.

$186,19L, 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
235,620,574
270,973,086
274,129, 725
282,158,477
274,769,504

Per cent.
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
27.2
29^8
29.5
29.7
2.82

$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
61,590,899
62, 867, 013
65, 324, 747
66, 394,006
66, 575, 758

$29, 672,277
31, 879,137
30, 643, 368
32, 418, 634
30,878, 291
32,129,936
31, 997, 316
32, 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
36,532, 677
37,017, 682
38, 308, 295
38,405, 004
38, 525, 290

$460,000
500, 000
555, 000
545, 000
470,000
475f 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
415, 000
440, 000
405,000
« 405,000
395,000

$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
131, 609, 289
165, 033,135
164, 423, 561
171, 219,102
163,509,922

$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
5,472, 709
5,615,256
5, 668.122
5, 733, 365
5,763, 534

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

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
30.3
32.6
32.5
31.2
28.3

108, 562, 730
116, 656, 737
120, 794, 734
H6,170,136
116,148, 755
114, 264, 376
107, 544, 286
121, 994, 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
146, 307,135
167, 280, 955
173, 719, 360
162,924, 474
142, 540, 621

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
57, 321, 677
62, 428, 053
69, 673,107
75,510, 012
65, 742, 655

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
8, 350,000
23, 640, 000
26, 000, 000
22, 710.000
13,600,000

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
64,710,249
91. 717, 863
85, 825, 510
81, 254, 538
72,924,409

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, 209,571
1, 282,876
1, 322,396
1, 359, 226
1,376, 030

1
2
3
4
5
6

Specie.

Legal
tenders.

United States
Due
Redempcertificates of from reserve tion fund with
deposit.
agents.
Treasurer.

CITIES.
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
228^1.26, 466
259,776,653
266,431, 684
257, 944,870
234,930,688
223,275,478
237,434,449
240, 691,424
250,833, 366
252,720, 301
234, 027, 627
261,136,678
263, 829,903
267, 083,198
261, 869,394
277, 898,632
346, 349, 747
356,540, 373
343,758,250
296,183,715




8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

166

REPORT OF THE COMPTROLLER OF THE

TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL
RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION AT EVERY DATE ON WHICH
REPORTS OF CONDITION HAVE BEEN MADE, FROM MARCH 13, 1883, TO SEPTEMBER
30. 1892. INCLUSIVE, TOGETHER WITH THE AMOUNT OF RESERVE REQUIRED AND
THE AMOUNT HELD AT EACH O F THOSE D A T E S , AND T H E CLASSIFICATION O F T H E
R E S E R V E HELD, SHOWING AMOUNTS AND P E R C E N T A G E S I N E A C H C A S E .
[Division No. 1.—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut, excluding reserve cities.]
Reserve held.
Dates.

AIQOUllli OI
No.
reserve
of
required, 15
banks
per cent of
net deposits.

Classification of reserve held.
Lawful money (6
per cent).
Amount.

Amount.

1883.

Ratio.

With reserve
Five
agents (9 per cent.) per cent
redemption fund.
Ratio. Amount.
Ratio.

Per ct.
Per ct.
7.38 $16, 299,167 15. 94 $4,437, 377
16,040, 299 15.72 4, 432, 583
7.34
16, 722, 029 16. 32 . 4, 436, 483
7.50
19,099,067 17.73 4,414, 690
7.10
21, 965,101 20.06 4, 439, 375
7.44

507
509
510
511
512

$15. 342, 235
15, 309,783
15, 369,906
16,161,030
16,426,477

$28. 288,564
27,968, 628
28.844, 230
31,164.435
34, 548,821

Per ct.
27.66
27.40
28.15
28.93
31. 55

$7, 552,020
7,495, 846
7, 685, 718
7,650,678
8,144,345

514
514
514
514
515

15,959,007
16, 081, 733
15,103, 686
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
7.59
8.17
7.88
8.16

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
506

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, 416, 689
8, 641,121
8, 951. 595
9, 549. 345
9,562,800

9.12
8.05
8.10
8.32
8.36

21,146, 721
22,184,176
21. 637, 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 t 815,957

32,588, 870
32.509. 786
31, 345. 788
35, 762,441
33, 229,398

28.44
27.91
27.04
29.32
27.98

9,772, 588
10, 304,208
10,316, 259
10, 335,491
10, 888, 902

8.53
8.85
8.90
8.47
9.17

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. 354. 311
28.645. 014
32,079,549
29,625,990

29.27
27.92
24.94
27.10
25.64

10, 261, 663
10,470, 249
10, 202,657
10,081.047
10,316,792

8.81
8.77
8.88
8.51
8.92

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

9,937, 633
10,402, 526
10,047,520
10, 745, 765
10, 784,645

8.18
8.53
7.96
8.11
8.37

20, 928. 685
20, 330, 966
22, 986, 251
23, 704. 062
20,835, 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

Feb. 2 6 . . . 517
May 1 3 . . . 518
July 1 2 . . . 521
Sept. 3 0 . . . 522
Dec. 11 . . . 523

19, 631,288
20, 634, 607
21,622,302
21, 643.953
20,841,025

36. 075,905
40. 294,495
40, 580, 347
38, 925.305
33,648,578

27.57
29.29
28.15
26.97
24.22

10,535. 537
11,125. 890
11,779; 205
11.534 535
Hi 673,180

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, 564
1, 592! 971

524
527
527
527
527

20. 878,978
21, 229,739
22,127,475
22,292,444
20, 763, 952

36, 300, 363.
36,242,622
37,817.047
37 510,300
34,649.318

26.08
25.61
25.64
25.24
25.03

11. 504. 237
11,090,798
12,364, 578
12.182,922
12,134, 781

8.26
7.84
8.38
8.20
8.77

23, 270,173
23, 622,164
23, 909. 780
23.896;058
21,119, 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
530

20,499,189
21,301. 304
22,232. 922
21,827, 710
22,188, 592

33.004,361
35, 962.153
41. 064.138
38, 281,908
38,708,647

24.15
25.32
27.70
26.31
26.17

12,034, 234
12.111,658
13,388. 475
12, 789! 925
13,093i 798

8.81
8.53
9.03
8.79
8.85

19, 554,271
22,443, 506
26. 267, 239
23, 964, 951
24, 050, 937

14.31
15.80
17.72
16.47
16.26

1, 415, 856
1,406, 989
1, 408, 424
1, 527, 032
1, 563, 912

533
532
537
540

22, 847, 267
23. 690.464
24.761. 277
24, 777,370

42,870, 874
44. 846. 761
47,840.955
42.937,529

28.15
28.40
28.98
25.99

12. 813. 421
13. 366,465
14.094.485
13,876,306

8.41
8.46
8.54
8.40

28,400, 953
29, 823,145
32, 058,140
27, 359,249

18.65
18.88
19.42
16.56

1, 646, 500
1,657,151
1, 688, 330
1,701,974

Mar. 1 3 . . .
May 1..-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". 1
Dec. 24 . . .
1386.
Mar. 1 . . . .
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...
June 30...
Oct. 4
Dec. 12 . . .
1889.

1890.
Feb. 28 . . .
May 17...
Jnl'v 1 8 . . .
Oct. 2
Dec. 19 . . .
1891.
Feb. 26 . . .
May 4 . . . .
July 9 . . . .
Sept. 2 5 . . .
Dec 2 . . . .
1892.
Mar. 1 . . . .
May 17...
July 12...
Sept. 30...




ftEPGRT OF THE COMPTROLLER OF THE CtJRREtfCt.

16?

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. 2.—New York, New Jersey, and Pennsylvania, excluding reserve cities.]

Dates.

A m o u n t of
No. reserve reof
quired, 15
banks per cent of
net deposits.

1883.
Mar. 13... 525
May 1
532
June 22... 537
545
Oct. 2
Dec. 31 . . . '549
1884.
Mar. 7...- 550
Apr. 24... 554
June 20.. . 561
Sept. 30... 563
Dec. 20 . . . 560
1885.
Mar. 10... 559
May 6 . . . . 559
July I---- 561
557
Dec. 24 . . . 567
1886.
Mar. 1 . . . . 570
June 3 . . . 571
Auis.27... 572
(k;t. 7
572
Dec. 28 . . . 575
1887
Mar. 4 . . . . 576
May 13... 580
586
587
591
Dec. 7
1888.
Feb. 14 . . . 593
Apr. 3 0 . . . 596
June 30... 598
Oct. 4
601
Dec. 12 . . . 603
1889.
Feb. 2 6 . . . 603
May 1 3 . . . 607
July 12... 608
Sept. 30... 615
Dec. 11 . . . 617
1890.
Feb. 28 . . . 625
May 17... 629
July 18*.. 626
Oct2
633
Dec, 19 . . . 640
1891.
Feb. 26 . . . 647
May 4 . . . . 655
July 9 . . . . 657
Sept. 25... 658
Dec. 2 . . . 658
1892.
M a r . l . . . 659
May 17... 666
July 12... 671
Sept. 30... 671

oSV " '
"

Reserve held.
Amount.

Classification of reserve held.

Lawfii 1 money (6
W i t h reserve
Five
pei ^cent).'
agents (9 per cent). per cent
Ratio.
redempAmou at.
Ratio. A m o u n t . Ratio. tion fund.

Per ct.
Per ct.
Per ct.
$26,151, 831 $48 307, 519 27. 71 $15,232 686 8.74 $30,026, 506 17.22
26, 557,410
25, 905, 781 14.63
9.38
45 564, 935 25.74
16, 603 462
46, 409, 027 50 817, 532 28.86
31,528,884 17.91
16,240 341 9.22
26,885,132
29, 011,331 16.19
9.44
48 979,043 27.33
16,912 419
26,992.446
066
29,840,086 16.58
9.86
50 577, 804 28.11
17, 734
27, 003
27, 240
25,502
25, 245
24, 531

470
954
692
939
549

53
53
45
49
50

25, 258
25, 204
25,615
26, 291
26,843

857
559
062
732
401

55,463, 538
53, 071, 039
51,945,847
56,170,958
58, 345, 580

27, 453
27, 533
28, 253
28,-830
28, 792

354
873
322
549
675

829,445 29.90
358,232 29. 38
241, 638 26.61
189, 650 29. 23
799, 720 31.06

16,983
18,854
18,801
18,694
18, 036

$3, 048, 327
3,055, 692
3, 048, 327
3, 055,293
3,003, 652

453
082
649
389
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

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

56, 026, 945
54, 618, 391
56, 916, 208
54,836, 089
53,341, 795

30.61
29.75
30. 21
28. 53
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. 7.8
16.07

2, 732, 575
2,581,136
2, 554, 572
2,394, 628
2,131, 559

29, 020, 465
29, 685, 015
29,837,428
30, 064, 960
30, 090,137

54, 867, 767
56, 268, 209
51, 361, 676
52, 990, 784
52,172, 378

28.36
28.48
25.82
26.44
26.01

19,405
20,193
19, 291
19, 775
20, 038

628 10.03
.151 10.20
9.70
157
9.87
576
9.99
795

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

31,181, 582
31, 422, 827
31,184, 265
32, 659, 379
32,191, 080

57, 520,460 27.67
55 782, 017 26.63
56, 274, 855 27.07
62, 056, 372 28.50
57, 440, 943 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
15.78
16.91
17.78
16.30

1, 791, 509
1, 779, 360
1, 757, 400
1,726,762
1, 651, 329

32,774, 651
33,020, 608
33, 539, 199
34, 329, 752
34, 059, 110

63, 083, 678 28.96
62, 586, 794 28.43
64, 388, 650 28.78
61, 470, 079 26.86
56, 484, 694 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

34, 511, 854
34, 518, 143
33, 516, 164
34, 306, 011
32, 687, 250

61, 087, 952 26. 55
56, 982, 396 24. 76
57, 433,692 25. 70
56, 273, 548 24.65
52, 770,142 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

33, 316, 855
33, 826,152
33, 855,163
34, 601,023
34, 616, 832

60,131, 790
57, 359, 851
58, 352, 449
60, 307, 438
59, 361, 535

27.07
25.44
25.85
26.14
25.72

22,198, 571
2L 838, 831
i!3, 393, 089
22, 805, 835
22, 237, 717

10.00
9.68
10. 36
9.89
9.20

36, 659, 926
34, 242, 908
33, 695, 293
36, 214, 263
35, 820,101

16.51
15.18
14.92
15.70
15.52

1, 273, 293
1, 278,112
1, 264, 067
1, 287, 340
1, 3U3, 717

36,154, 961
37, 433, 634
38, 092, 339
39, 635, 699

69, 465, 248
70,853,519
75,068,925
72, 090, 267

28.82
28.39
29.56
27. 28

21,790,282
23, 085, 521
24, 013, 764
24, 252, 012

9.04
9.25
9.46
9. 18

46, 353, 240
46,432,159
49, 612, 882
46,485, 078

19.23
18.61
19.54
17.59

1,321. 726
1, 335, 839
1, 342, 279
1, 353,177

•Brooklyn transferred to division No. 9 from July 18, 1890.




168

REPORT OF THE COMPTROLLER OF THE CURRENCY.

T A B L E SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , T H E 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 O F BANKS I N O P E R A T I O N , ETC.—Continued.

[Division No. 3.—Delaware, Maryland, Virginia, West Virginia, and the District of Columbia, excluding reserve cities.]
Amount of
No. reserve reDates.
of
quired, 15
banks per cent of

Eeserve held.

Classification of reserve held.

With reserve
Five
agents (9 per cent). per cent
redempEatio. Amount. 'Eatio. tion fund.

Lawful money (6

Amount.

Eatio.

net deposits.

per cent).

Amount.

1883.
Per ct.
$2,337, 863
9.94
2,713, 896 11.54
2, 774, 761 11.49
3, 088,038 11.15
3,018,536 11.33

Mar. 1 3 . . .
May 1
J u n e 22 . .
Oct. 2
Dec. 31 . . .

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

Per ct.
24.38
24.61
26.54
26.67
24.82

Mar. 7 . . . .
Apr. 2 4 . . .
J u n e 20 . .
Sept. 3 0 . . .
Dec. 20 . . .

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

26.36
25. 37
22.95
27.70
28.82

2, 873, 867
3,045,651
2,975,931
3,220,417
2,942,926

88
87
87
88
89

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, 008, 054
2, 691,467
3,243, 785
3,901,193
3,210,691

Per ct.
12.79
11.44
13.44
14.09
12.05

$387, 871
384, 861
387, 949
394, 569
391, 760

11.12
11.98
12.71
13.05
13.12

3, 582, 688
3, 027, 832
2, 025, 960
3,246, 528
3,164,161

13.86
11.91
8.65
13.15
14.10

366, 035
373, 331
373, 222
370,156
360,905

3,043, 637
2,985,242
2, 758, 277
3,134,687
2,887,760

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

1885.
Mar. 1 0 . . .
May 6 . . . .
July 1.--.
Oct. 1 . . . .
Dec. 24 . . .
1886.
Mar.l....
June 3 . . .
Aug. 2 7 . . .
Oct.7
Dec. 28 . . .
1887.
Mar. 4 . . . .
May 13 . . .
Aug. 1 . . .
Oct.5
Dec. 7
1888.
Feb. 1 4 . . .
Apr. 3 0 . . .
June 30...
Oct.4
Dec. 12 . . .

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

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

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

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

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, 9*38
7, 612, 357

26.40
25.94
25.71
29.13
27.45

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
3,150,750
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

1889.
Feb. 26 . . .
May 1 3 . . .
July 12...
Sept. 30 . .
Dec. 1 1 . . .

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

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
193,646
194,151
175,440

Feb. 28 . . .
May 1 7 . . .
July 18...
Oct. 2
Dec. 19 . . .

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

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

1891.
Feb. 2 6 . . .
May 4 . . . .
July 9
Sept. 25 . .
Dec.2....
1892.

115
116
117
121
122

4, 870,435
4,867, 413
4,945,034
5, 211, 836,
5,050,442

8,552, 098
8,078, 827
8,368, 584
9,103,332
8,947,957

26.34
24.90
25.38
26.20
26.58

4,157,438
4, 553,151
4,424,507
4,351,771
4,273, 584

12.84
14.03
13.42
12.52
12.69

4,225, 817
3,355, 717
3, 774,134
4,562,235
4,482, 701

13.01
10. 34
11.42
13.13
13.32

168, 843
169, 959
169, 943
189, 326
191,672

Mar.l....
May 1 7 . . .
July 12...
Sept. 30 . .

123
123
125
126

5,197,888
5,339,549
5,525,165
5,866,785

9,553,079
10,024, 832
10,051,025
10,642,067

27.57
28.16
27.29
27.21

4,043, 320
4,579,861
4, 539, 597
4, 555,393

11.67
12.87
12.32
11.65

5,312. 345
5,254,667
5,306, 624
5,880,534

15.33
14.76
14.41
15.04

197,414
190,304
204, 804
206,140




REPORT OF THE COMPTROLLER OF THE CURRENCY. 169
TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES AND CENTRAL
RESERVE CITIES, THE NUMBER OF BANKS IN OPERATION, ETC.—Continued.
[Division No. 4.—ISTorth Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, Louisiana.
Texas, Arkansas, Kentucky, and Tennessee, excluding reserve cities.]

Dates.

A m o u n t of
^To.
reserve reof
quired, 15
banks per cent of
n e t deposits.

Reserve held.

Amount.

Ratio.

Classification of reserve held.
Lawful money (6
. per cent).

With rest? rve
agents (9 per cent).
Amount.

Five
per cent
redempRatio. tion fund.

Per ct.
$6, 396. 960 15.69
6, 543! 434 15.85
6, 475. 724 15. 81
6, 589, 276 15.77
6, 968! 159 15.46

$6,086,199
5, 555, 724
5, 075. 892
3,887. 690
5,170, 209

Per ct.
14.92
13. 46
12. 39
9.30
11.48

$771, 001
791,585
802.359
798, 216
802, 505

Amount.

Ratio.

1883.
Mar. 1 3 . . .
May 1 . . . .
J u n e 22 . .
Oct. 2 . . . .
Dec. 3 1 . . .

164
169
175
191
197

$6,116, 981 $13, 254,160
6,190, 892
12, 890, 743
6,143, 331
12. 353, 975
6, 267, 968
10J 275,182
6,761,077
12, 940,873

Per ct.
32.50
31.23
30.16
24.59
28.71

1884.
Mar. 1....
Apr. 24...
J u n e 20 . .
Sept. 30 . .
Dec. 2 0 . . .

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,
6,
6,
6,
7,

883, 358
803,162
826, 409
334. 635
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, 503, 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

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

Mar. 4 . . . .
May 1 3 . . .
Anjj.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
9, 623, 458
8, 924, 833
9, 728, 521
10, 375, 365

15.62
15.35
14. 51
15.89
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

1888.
Feb. 14 . . .
Apr. 30 . . .
J u n e 30 . .
Oct. 4
Dec. 12 . . .

305
307
313
318
321

10, 241, 743
9, 775,180
9, 683, 437
9, 543, 970
10,201, 944

21,109, 205
17, 945, 763
17. 925, 943
16, 380, 467
19, 622,145

30. 92
27. 54
27. 77
25.74
28. 85

11,
9,
9,
9.
9,

16. 47
15.22
14. 56
15.02
14.34

353,121
522, 773
027, 614
338. 284
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,
22,
20,
20,
24,

797, 309
345, 576
836, 091
014,741
737, 345

34.97
30. 20
28.32
25. 96
28.83

12,195, 333 15.91
11,482, 281 15.52
11, 054:, 098 15. 03
10,771,020 13.97
11,49.>,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
487,01.4
510,780

393
406
424
448
459

14,175, 895
13, 714, 057
13. 739, 545
13, 710,442
13, 510, 003

30,120,238
23,414, 837
21, 907, 965
22,104, 528
23,155, 918

31.87
25.61
23.92
24.18
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
10,017,319
9, 268,102
9,139, 407
9,173, 073

15. 61
10.96
10.12
10.00
10.18

519,746
534, 645
542, 560
564, 368
564, 788

467
477
479
478
481

13, 804, 224
13, 436, 294
12, 738,158
12, 036, 628
12,811,339

26,336, 774
22, 473, 091
21,332, 300
20, 885, 765
26, i,36, 093

28.62
25.09
25.12
26. 03
30.48

14,779, 794
12, 991,105
12, 403, 539
11, 898, 504
13, 54f), 523

16.06
14.50
14.61
14.83
15. 86

10, 970,713
8, 891, 629
8, 344, 235
8, 394, 262
11, 877, 366

11.92
9.93
9.83
10. 46
13.91

586, 267
590, 357
584, 526
592, 999
613, 204

489
496
500
500

13,763,268
13, 622, 353
13, 467, 057
13, 626, 945

30, 781, 096
28,184, 556
27, 206, 231
24, 577,400

33.55
31. 03
30.30
27.05

15,204,417
14, 563, 496
13,784, 480
12, 747, 780

16.57
16. 04
15.35
14.03

14, 949, 816
12, 974, 795
12,765, 346
11,175, 373

16.2?
14. 29
14.22
12. 30

626, 863
646, 265
656,405
654,247

1885.
Mar. 1 0 . . .
May 6 . . . .
July 1 . . . .
Oct. 1 . . . .
Dec. 24 . . .
1886.
Mar. 1 . . . .
June 3 . . .
Ang.27...
Oct. 7 . . . . .
Dec. 28 . . .
1887.

248, 310
916, 320
397. 854
557, 311
752, 368

9,
7,
8,
6,
9,

1889.
Feb. 26 . . .
May 1 3 . . .
J u l y 12...
Sept. 3 0 . . .
Dec. 11 . . .
1890.
Feb. 28 . . .
May 11...
JulV 1 8 . . .
Oct. 2 . . . .
Dec. 19 . . .
1891.
Feb. 26 . . .
Mav 4
J uly 9 . . .
Sept. 2 5 . . .
Dec. 2
1892.
Mar. 1
May 1 7 . . .
July 12 . . .
Sept. 30...




170

REPORT OF THE COMPTROLLER OF THE CURRENCY.

T A B L E SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , T H E 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. 5.—Ohio, Indiana, Illinois, Michigan, and Wisconsin, excluding reserve cities.]
Reserve held.
Dates.

No.
of
banks

Amount.

Ratio.

Classification of reserve held.
Lawful money (6
per cent).
Amount.

1883.

With reserve
Five
agents (9 per cent). per cent
redempRatio. Amount. Ratio. tion fund.

Mar. 13.
May 1 . .
J u n e 22.
Oct. 2 . . .
Dec. 31 .

Per ct.
Per ct.
530 $19, 081, 960 $36, 507,835 27.17 $16,401,301 12. 89 $18,281,364
536 18,892,570
34,009,157 27.00
17,003,342 13.50
15,146, 613
15,394,648
544 18, 680, 838 32, 831, 223 25.14
15, 616, 973 12.54
16, 347, 350
554 18, 563, 099 34, 705, 552 28. 04
16,503, 659 13.34
16,142,536
554 17, 961,597 34,790, 630 29.05
16,853, 215 14.07

1884.
Mar. 7 . .
Apr. 24.
J u n e 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

1885.
Mar. 10.
May 6 . .
July 1 . .
Oct.1 . .
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

1886.
Mar. 1 . .
June 3 .
Aug. 27.
Oct. 7 . . .
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

1887.
Mar. 4 . .
May 13.
Aug. 1..
OctTs...
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

Fob. 14 ..
Apr. 30..
J u n e 30 .
Oct. 4 . . . .
Dec. 12 ..

603
606
609
611
615

20, 788,469
20, 795, 516
20, 756, 627
21, 297,373
21,150,669

Feb. 26 .
May 33.
J u l y 12.
Sept. 30.
Dec. 11 .

620
622
624
626
630

1890.
Feb. 28 .
May 17 .
July 18.
Oct. 2 . . .
Dec. 19 .

Per ct.
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

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

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. 3D
17.45
17. 21
16.96

1,517, 679
1, 509, 305
1, 487, 958
1,522,993
1,522,596

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

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

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

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 18.24
24, 287,408 16.17
27, 489, 594 17.78
27, 327, 970 17.55
23,439,190 15.26

964, 653
945,154
935,153
929,983
929,131

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. 26 ..
May 4 . .
July 9...
Sept. 25.
Dec. 2 ...

654
657
660
663
666

26, 052, 632
26, 750, 845
27,027, 984
28, 583, 963
28,159, 822

52, 449, 599
50, 936, 356
49, 363, 907
56, 669,154
52, 506, 985

30.20
28.56
27.40
29.74
27.97

21,751,135
22, 312. 368
22, 496, 481
23,177, 047
22,416, 277

12.52
12.51
12. 49
12.16
11.95

29, 785, 731
27, 709, 586
25, 973,487
32, 572, 518
29,173,153

17.15
15.54
14.41
17.06
15.54

912, 733
914,402
893,939
919,589
917, 555

1892.
Mar. 1 . . .
May 17.
July 12.
Sept. 30.

672
674
678
680

29,753,103
30, 056, 393
30, 626, 267
31.582, 801

60, 508,503
60,761,493
62,196,543
62, 336, 227

30.50
30.32
30.46
29.61

22,473, 202
23,505, 074
23, 899, 694
24, 987,436

11.33
11.73
11.71
11.87

37,105,516
36, 314,168
37,353, 557
36, 395,159

18. 71
18.12
18. 29
17.29

929, 785
942, 251
943,292
953, 632




ftEPO&T OF t H E COMPTROLLER OF TI*E CURRENCY.

1?1

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 reserve cities.]
Reserve held.
A i t i m m t OP
"
No.
reserve reof
quired, 15
banks per cent of
n e t deposits.
A.k. IULXJ

Dates.

L.LJJL KJ

Classification of reserve held.

KJJL

Lawful money (6
per cent).
Amount.

With reserve
Five
agents (9 per cent). per cent
redempRatio. Amount.
Ratio. tion fund.

Per ct.
26.88
26. 09
28.26
25.90
26.00

$6, 048, 070
6, 926, 476
6. 739, 738
l\ 240, 980
7, 756, 806

Per ct.
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

Per ct.
14.11
12.17
15. 75
13. 08
12. 60

$500, 858
505,298
490,974
521), 585
523, 099

334, 768
385,106
682, 585
305,178
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

Amount.

1883.
$13, 786,065
13,928, 636
16 331,528
15] 692, 927
16, 068,106

Ratio.

207
216
227
257
270

$7, 692, 300
8, 007, 308
8, 669, 01G
9, 087, 854
9, 269, 439

287
298
309
329
329

9,365,609
9, 712,119
9, 546, 762
9,158, 231
8, 643,147

Mar. 1 0 . . .
May 6
July 1 . . . .
Oct: 1 . . . .
Dec. 2 4 . . .
1886.

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

Mar. 1
June 3 . . .
Aug. 2 7 . . .
Oct.: 7
Dec. 28 . . .
1887.

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

1.0, 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

Mar. 4 . . . .
May 1 3 . . .
Aug.l....
Oct. 5
Dec.7....
1888.
Feb. 14 . . .
Ai)r. 3 0 . . .
J u n e 30 . .
Oct. 4
Dec. 12 . . .

427
428
438
455
462

14,184. 873
13, 368,183
12, 435, 313
12, 258, 402
11, 440, 774

27,
26,
25,
22,
20,

752, 343
723, 837
056, 695
367, 310
023, 408

29. 35
29.99
30.22
27.37
26.25

11, 860, 366 12.54
12, 010, 369 13.48
10, 458. 690 12.62
10,275, 484 12.57
9, 831,122 .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
20i 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

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, 730
458,398
457, 497
404; 556
470,715

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

525
526
525
534
540

12,152,020
12, 807, 895
12, 271, 889
12, 709, 609
12, 764, 884

24,124. 918
24, 484, 899
21, 873, 399
24,150, 965
23,452,871

29.78
28.68
26.74
28.53
27.56

9,109, 692
9,383,476
9, 271,189
8, 975, 641
9, 081,102

11.24
10.99
11.33
10. 59
10.67

14, 548, 746
14, 634, 337
12,140, 446
14, 702, 969
13, 887,498

17.96
17.14
14.84
17. 35
16.32

466,480
467, 086
461,764
472, 355
484, 271

540
539
541
543

14,021, 847
14,113,353
14, 379, 925
14, 520,103

28, 524, 563
28, 839, 733
29, 371, 591
29.190, 867

30.51
30.65
30.64
30.16

9, 292, 759
9, 659. 618
9, 901, 204
9, 940,427

9.94
10.27
10. 33
10.27

18,
18,
18,
18,

20.05
19.87
19.81
19.29

486,470
483,291
483. 538
481, 533

Mar. 1 3 . . .
May 1 . . . .
J u n e 22.. .
Oct.2
Dec. 31 . . .
1884.
Mar. 1....
Apr. 24 . . .
J u n e 20 . .
Sept. 3 0 . . .
Dec. 20 . . .
1885.

1889.
Feb. 26 . . .
May 1 3 . . .
July 12...
Sept. 3 0 . . .
Dec. 11 . . .
1890.
Feb. 28 . . .
May 17...
July 18*..
oct: 2
D e c 19 . . .
1891.
Feb. 2 6 . . .
May 4
July 9 1 . . .
Sept. 2 5 . . .
Dec. 2 . . . .
1892.
Mar. 1 . . . .
May 1 7 . . .
July 12...
Sept. 3 0 . . .

16,
17,
16,
16,
15,

745,
696,
986,
768,

334
824
849
907

* St. Paul and Minneapolis transferred to division No. 9 from July 18, 1890.
fDes Moines transferred to division No. 9 from July 9,1891.




172

REPORT OF THE COMPTROLLER OF THE CURRENCY.

T A B L E SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , T H E R E S E R V E CITIES 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. 7.—Colorado, Nevada, California, and Oregon, excluding reserve cities.]

Dates.

Amount of
No. reserve reof
quired, 15
banks percent of

net deposits. Amount. I Ratio.

1883.
Mar. 13..
May 1
June 22 .
Oct. 2
Dec. 3 1 . .

$2, 866, 867
2, 890, 642
2, 984, 656
3, 206,008
3, 241,147

Classification of reserve held.

Reserve held.

Lawful money (6
per cent).

With reserve
pjve
agents (9 per cent). p e r c e n t
• — redempRatio. Amount. Ratio, ition fund.

Amount.

Per ct.
Per ct
$6,081, 382 31. 86 $3,594,598 j 18.83
5,487,840 1-28.51
3,133,202 16.28
6,355,648 j 31.97
3,203,157 16.11
5, 839, 540 I 27.35 3, 098,370 14. 51
6,447, 703
3,558,027 16.50

Per ct.
$2, 374, 534 12.44 $112,250
2,240,755 j 11.64 113,883
3,033,366 15.26
119,125
2, 619, 307 12.27
121, 863
2,763,101 12.80
126, 575

1884.
Mar. 7 . . .
Apr. 24..
June 20 .
Sept. 30 .
Dec. 20..

3,009,761
3, 028, 531
2, 748, 621
2,660, 548
2,560,777

5,626, 902 ! 28.08
5, 791, 614 j 28.68
5,492,659 I 29.97
5,798, 359 32.
5, 524,939 32.36

3,217,300 16.05
3, 207,082 15.88
3,664,908 i 20.00
3,346,017 | 18.86
3,180, 260 18. 63

2,287, 585 11.46
2,462, 898. | 12. 20
1,717,837 ! 9.37 '
2,341,155 | 13.20
2,239,427 13.12

Mar. 10..
May 6
Julyl...
Oct.l . . .
Dec. 24 . .

2, 663,353
2, 683,438
2,721,004
2,920,866 I
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

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

Mar.l...
J u n e 2 ..
Aug. 27 .
Oct. 7 . . .
Dec. 28 ..

3, 329, 624 j
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 17. 78
4,034,927 16.82
4,096,387 j 15.91
4,104, 213 j 15.50
5, 276, 940 18. 28

3,465,653 j
3,527,877
4,075,587 I
3,672,731 i
3, 828, 979

15.61 I
14.70 !
15.82 j
13.87
13.26 i

116, 814
110, 093
116, 038
119, 966
115, 853

14. 45
15,46
14.55
15.13
12.44

122,008
121, 634
109, 914
111, 187
105, 252

1885.
I 19.43
i 18.65
I 16.36
I 16.74
! 17.55

108,436
i 106, 960
I 104,461
j 110,034
i 113,125

1887.
Mar. 4 . .
May 13..
A u g . l ..
Oct 5 . . .
Dec. 1...

4, 674,444
5, 276,435
5, 719, 220
6, 330,097
6, 291, 325

10, 289,333 33.02
11,540,554 32.81
11, 799, 916 j 30. 95
13,784,605 32.66
12,882,230 I 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

(
i
{
I

113,003
611,053
116,507
122,506
122, 973

Feb. 14..
Apr. 30..
June 30 .
Oct. 4 . r .
Dec. 12..
1889.
Feb. 26..
May 13..
July 12 .
Sept, 30 .
Dee, 11.
1890.
Feb. 28..
May 17..
July 18..
Oct. 2 ...
Dec. 19 ..
1891.
Feb. 26 ..
May 4 . . .
July 9 . . .
Sept. 25 .
Dec. 2 . . .
1892.
Mar.l...
May 17..
July 12..
Sept. 30 .

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
16.28
16.05
16.05
17.16

4,861,593 • 11.86
!
4,708,066 11.69
5,171,147 ! 13.09
6, 034, 811
6 03 811 15,00
4, 800,478 12.13

128,295
130, 801
125, 619
131,085
127,486

102
102
107
109

6, 215,145 ! 13,833,283
&, 418, 048 i 13,674,031
6,469,509 ! 14,125,458
|
15,136, 846
6,871,682
6, 822, 808 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 15.20
6,459, 741 15.10
6,870,159 15.93
8,181,249 17.86
6,489,222 j 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
126

7,002,973
7,441, 637
7,253, 722
7,410, 697
7, 230,867

13,974,031
14, 707,475
13,418,378
14, 066,112
13,262,170

29.93
29.65
29.75
28.47
27. 51

7,904, 310
8,210, 360
7,670, 382
7,112, 951
7, 049, 001

16.93
16. 55
15.86
14.40
14.62

5,916, 675
6,335, 458
5, 590,972
6, 782, 556
6,038,406

12.67
12.77
11.56
13.73
12.53

153,046
161, 657
157, 024
170, 605
174, 763

127
129
129
130

7, 512. 533
7.708. 768
7,811,979
8,061,098

16,105, 600
16, 803,460
16, 013, 909
17,134, 307

32.16
32. 70
30.75
31.88

7,878, 254
7,998, 033
7,837, 323
7,956, 810

15.73
15.56
15.05
14.81

8,045, 713
8,621,376
7, 992, 300
8, 998,901

16.06
J6.78
15.35
16.75

181, 633
184,051
184, 286
178,596




REPORT OF THE COMPTROLLER OF THE CURRENCY.

173

T A B L E SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , T H E 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 O F BANKS I N OPERATION, ETC.—Continued.

[Division No. 8.—Arizona/North Dakota. South Dakota, Idaho, Montana, Xew Mexico, Utah, Washington, Wyoming, Oklahoma, and Indian Territory.]

Dates.

A m o u n t of
Ko.
reserve reof
quired, 15
banks per cent of
net deposits.

Reserve held.

Classification of reserve held.
Lawful money (6

Amount.

Ratio.

W i t h reserve
Five
agents (9 per cent). per cent
redempRatio.
Amount.
Ratio. tion fund.

per cent).

Amount.

1883.

Mar. 1 3 . . .
May 1
June 22...
Oct. 2
Dec. 31 . . .

Per ct.
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

Per ct.
$1, 944, 893 15.71
1, 946, 749 14.09
1,946, 924 13.07
2,000, 374 12.70
2,450,974 16.12

Per ct.
$1,118,433
1,139, 293
1, 726,181
1, 331,438
1,177,548

9.03
8.25
11. 59
8.46
7.75

$108,528
110, 301
114, 328
121, 293
118, 244

1884.

Mar. 7 . . . .
Apr. 2 4 . . .
June 20...
Sept. 30...
Dec. 20 . . .

78
84
87
87
86

2,206,520
2,256, 846 .
2,194, 632
2,162,177
2,193,537

3,406, *74
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, 006, 754
1,114, 624

6.50
6.90
6.15
7.40
7.62

118, 523
124,096
126, 350
118, 614
109, 547

88
89

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
S, 16G, 234

17.77
16.86
15.24
15.65
18.03

1, 068, 609 7.52
7.69
1, 089,153.
1, 473, 460 9.53
1, 704, 733 10. 26
9.08
1,594,293

109,185
110,957
111, 557
114,815
120, 864

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 17.41
3, 091, 659 16.89
3,135, 269 17. 98
3, 360, 609 18.79
3,560, 333 18.70

1, 535,412
1,471,191
1, 913,185
1, 669, 970
1, 577, 946

8.74
8.04
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
4, 782, 756
5, 626, 017
5, 730, 545
6, 290, 797

24. 65
22.02
24.13
23. 68
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, 881

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
1, 919, 790
2, 289, 537
3, 386, 255
3,124, 805

7.09
7.53
8.65
11. 39
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
9.86
3, 847, 235 11.43
4, 206, 523 11.88
5, 633, 344 14.25
3, 942, 902
9.85

132, 758
137, 051
135, 312
143, 851
150, 569

Dec. 19 . . .

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
1&57
13. 50
1^.15
14.78

4,440, 876
4,18S, 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

1891.
Feb. 26 . . .
Mav 4
July 9 . . . .
Sept. 2 5 . . .
Dec.2 . . . .

203
210
21ft
224
226

6, 598,191
6,678,807
6, 689, 079
6, 894,169
7,229,641

11, 364, 659
11,160, 782
10, 878, 920
12,043, 371
13,344, 276

25.84
25.07
24.40
26.20
27.69

6, 748,404
6,452,075
6,181, 605
6, 036, 951
6,841,534

15.34
14.49
13. 86
13.13
14.19

4,414, 375
4, 502, 293
4, 488,131
5, 790, 699
6, 279,127

10.04
10.11
10.06
12.60
13.03

201,880
206, 414
209,184
215,721
223, 615

1892.
Mar.l....
May 1 7 . . .
July 12...
Sept. 3 0 . . .

227
234
237
240

7, 230, 593
7, 411, 511
7, 873, 909
8, 260, 517

13,164.123 27.31
13, 815, 371 27.96
14,409, 298 27.45
15, 860, 840 28.80

6, 819,040
7,279,974
7,035,463
7,179,884

14.15
14.73
13.40
13.04

6,120, 218
6, 306,427
7,143,404
8, 446, 721

12.70
12.76
13. 61
15.34

224, 865
228, 970
230,431
234, 235

1885
Mar. 10...
May6._..

July 1 . . . .
92
Oct'.l
94
Dec, 24 . . . 107
1886.

Mar. 1 . . . .
June 3
Aug. 27...
Oct. 7
Dec. 28 . . .
1887.
Mar. 4 . . . .
May 13. ...
Aug. 1
Oct. 5
Dec. 7
1888.
Feb. 14 . . .
Apr. 3 0 . . .
June 30...
Oct. 4
Dec. 12 . . .
1889
Feb. 26 . . .
May 1 3 . . .
JulVl2...
Sept. 30...
Dec. 11 . . .
1890
Feb. 28 . . .
May 17...
July 18*..
Oct!'2t

* Oklahoma included from July 18,1890.



t Indian Territory included from Oct. 2,1890,

174

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE SHOWING, BY GEOGRAPHICAL DIVISIONS, THE RESERVE CITIES, THE NUMBER
OF BANKS IN OPERATION, ETC.—Continued.
[Division !N"o. 9.—Reserve cities—Boston, Albany, Philadelphia, Pittsburg, Baltimore, Washington,
New Orleans, Louisville, Cincinnati, Cleveland, Chicago, Detroit, Milwaukee, St. Louis, and San
Francisco.]

Dates.

Amount of
3*o. reserve reof
quired, 25
banks per cent of
net deposits.

Reserve held.

Amount.

1883.

Classification of reserve held.

Lawful money (12J
W i t h reserA^e
Five
per cent).
agents fl2^ per cent). per cent
Pvatio.
redempRatio. tion fund.
Amount.
Amount. Ratio.
Per ct.
Perct.
Per ct.
29.00 $49, 661, 801 16.04 $36, 592, 761 11.82
34, 090, 027 10. 84
54,129, 582 17. 21
29.18
40, 821, 353 12. 29
59, 515, 283 17.93
31.29
56, 425, 507 17. 42
40, 798, 990 12. 60
31.08
38, 944,133 11.64
63,273,391 18.91
31.54

Mar. 1 3 . . .
May 1 . . . .
J une 22 . .
Oct. 2
Dec. 31 . . .
1884.

198
199
200
200
202

$77. 419, 867
78, 644. 546
83,005,153
80,961,109
83, 646,150

$89,796,888
. 91, 787, 852
103,900, 990
100, 638,235
105, 535, 835

Mar. 7 . . . .
Apr. 2 4 . . .
J u n e 20 . .
Sept. 30...
Dec. 20 . . .
1885.

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
20.96

46,437, 308
38, 827,197
28,403, 338
32. 340, 900
34, 672, 781

13. 61
11. 49
9.38
10. 50
11.01

3, 254, 811
3,178,511
3, 077, 293
3.102, 583
3,000, 582

Mar. 1 0 . . .
May 6
Julyl....
Oct. 1
Dec. 24 . . .
1886.

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
117,043,6081

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

Mar.l....
June 3 . . .
Aug. 27... '
Oct. 7
Dec. 28 . . .
1887
Mar. 4 . . . .
May 13* . .
Aug. I t . . .
Oct. 5
Dec. 7
1888.

205
212
215
217
218

94,
96,
93,
95,
94,

506, 304
810, 237
802, 959
363, 719
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
86, 270, 869
83, 889,166
84, 621,164
84,031,602

124,447,510
106,121, 301
98, 389, 974
100, 714, 633
97,132, 024

31.26
30.75
29.32
29.75
28.90

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

Feb. 14 . . .
Apr. 3 0 . . .
J u n e 30 . .
Oct. 4
Dec. 12 . . .
1889.

222
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

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, 2M
955,472
908,755
805, 905

Feb. 2 6 . . .
May 13 . . .
July 12...
Sept. 30...
Dec. 11 . . .
1890.

223
224
228
228
229

100,132, 732
103, 814, 057
106, 953, 841
104, 752,1579
99,449, 783

129,178, 251 32. 25
132,810, 931 .31.98
131, 366,426 30.71
121, 912,119 29.10
112,113, 813 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, J>42
634, 762
607,143
609,979

Feb. 28 . . .
May 1 7 . . .
J u l y 18 + . .
Oct. 2
Dec. 19 . . .
1891.

234
239
259
259
258

102, 211, 212
106, 243, 919
115, 477, 384
114,438, 382
104,320, 461

119, 560, 033
122,780, 265
131. 308,097
129,777,284
120,929, 702

29.24
28. 89
28. 43
28. 35
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

Feb. 26 . . .
May 4
July9§...
Sept. 2 5 . . .
Dec. 2
1892.
Mar. 1
May 1 7 . . .
J u l y 12...
Sept. 3 0 . . .

260
262
265
205
264

109,081, 971
112, 226, 065
110, 503, 938
112, 977, 749
112,935, 945

131, 659, 897
136, 955, 966
134,147, 401
138, 786, 632
142, 314, 957

30.17
30. 50
30. 35
30. 71
31.50

74, 395, 302
78, 363, 336
78,122, 409
76, 990, 726
76, 766, 567

17.05
17.46
17.67
17.04
16.99

56, 569, 349
57, 889, 288
55, 317,148
61, 005, 875
64, 710, 249

12.96
12.90
12.51
13.50
14,32

695, 246
703,312
707,844
790, on
838,141

261
262
262
263

124, 370,
130,145,
l'*3, 586,
129, 825,

177,149,110
184, 027, 948
178, 591, 989
156. 098, 942

35.61
35.35
33.42
30. 06

84, 522, 051
97, 255. 972
96, 347, 405
82,164, 838

16.99
18.68
18.04
15.82

91,
85,
81,
72,

18.44
16.49
15.21
14.04

909,196
946, 466
990, 046
1, 009, 695

037
842
733
359

717, 863
825, 510
254, 538
924, 409

$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.
t Omaha included from August 1,1887.
t Minneapolis, St. Paul, and Brooklyn included from July 18,189Qf
for FRASER
§Dea Moines included from July 9, 1891.

Digitized


REPORT OF THE COMPTROLLER OF THE CURRENCY.

175

TABLE SHOWING, B Y GEOGRAPHICAL D I V I S I O N S , T H E CENTRAL R E S E R V E C I T I E S , T H E
N U M B E R OP BANKS I N OPERATION, ETC.—Continued.
[Division No. 10.—Central reserve cities—New York, Chicago, and St. Louis.]
Chicago.

New York City.

St. Louis.

Amount
Amount
Amount
of reserve
of reserve Ratio
of reserve Eatio
No. of required,
No. of required,
No. of required,
of
of
bank«. 25 per cent reserve b a n k s . 25 p e r cent reserve banks. 25 per cent
ol net deheld.
of net deof net deheld.
posits.
posits.
posits.

Dates.

1883.
Mar. 13 .
Mayl...
June 22.
Oct. 2 . . .
Dec. 31 . .
1884.

$62, 437, 901
63, 422, 340
69, 809,610
66, 735, 374
69, 509, 209

Mar. 7 . .
Apr. 24 .
J u n e 20 .
Sept. 30 .
Dec. 20-.
1885.

75, 373, 069
70,540,863
57, 948, 702
63, 737, 684
68, 335, 552

28.94 I
20. c;
29.82
35. 63
38. 29

Mar. 10 .
May 0...
Julyl...
Oct. 1 . . .
Dec. 24..
1886.

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 I

Mar. 1
June 3
Aug. 2 7 . . . .
Oct. 7
Dec. 28
1887.
Mar. 4
May 13
Aug.l
Oct. 5
Dec.7
1888.
Feb. 14 ..
Apr. 30 .
J u n e 30 .
Oct. 4 . . .
Dec. 12..

80, 887, 727
74,187, 977
70, 386, 879
70,697, 561
73,607,025

33.28 !
30. 28 J
27.46 !
27. 24
29. 89

78, 607, 422
74, 921, 637
73,497,514
7.1, 084, 776
72, 379, 059

28. 70
27. 64
28.11
28.18
27.18 I

18 '$16, 993, 940
18 I 16,579,934
18 16, 161.735
18 ! 15, 537, 512

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

18
18
19
19
19

16,
17.
17!
17,
16,

Feb. 26
May 13
J u l y 12
Sept. 30
Dec. 11
1890.

91,
90,
89,
84,
79,

618
748
522
699
706

28. 72
28. 73
27. 08
25.10
26. 99

Feb. 28 .
May 17.
J u l y 18.
Oct. 2 . .
Dec. 19 .

84, 259, 377
80, 585, 344
81, 702, 359
83,147, 968
75,113, 249

Feb. 26..
May 4 . . .
July 9...
Sept. 25 .
Dec. 2...

held.

I Per ct.

Per ct.

Per ct.
23. 59
25. 48
28.81
26. 53
27. 58

Eatio
of

1892.
Mar.l
May 17
July 12
Sept. 30

45

!

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

806
500
506
756
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

19
19
19
20
20

16, 813, 643
1^, 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

26.17
26. 39
27. 05
27. 81
28.11

20
20
19
19
19

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
21.35
24.28

84, 503, 622
81,835.203
82, 571, 595
81, 940, 346
88, 258, 830

28.91
26. 96
29.93
26. 26
28.69

20 19, 713, 708
20 23,991, 723
20 22, 943,151
21 23, 216,492
21 22,112,475

32.77
33. 88
31.02
33. 62
31.53

6,048, 537
6, 248, 857
5, 913, 094
6, 065,187
5,878, 877

24.49
24.40
23. 78
23. 83
27.32

109, 948, 706
109,335,717
106,122,173
97, 967, 550

29.31
29. 23
29. 36
26. 39

22 24,4243. 854
22 27. 847, 903
22 28. 594,133
23 26. 634, 476

33.45
33. 01
29. 77
28. 64

6, 701,065
6, 961, 804
6, 868. 505
7, 307, 038

28.34
28.36
23.61
21.07

j
j
.1




069,
257,
801,
536,
476,

167,
822,
961,
332,
056,

176

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 1886, 1887, 1888, 1889, 1890, 1891, AND

1892.

Reserve.

Liabilities.
Week
ended—

Circulation. Net deposits.

Total.

Legal tenders.

Total.

Ratio to
liabilities.

I Per cent.

$8, 059, 200 $283,366,700 $291,425,900 $61, 371, 600 $19,071,400 $80, 443, 000
4,1886
8,058,000 282,417, 800 290, 475, 800 63, 403. 700 16, 929, 300 80, 333, 000
11,1886
8,104,800 281,466, 500 289,571,300 63, 823, 900 15, 876, 700 79, 700, 600
18.1886
8,136,100 283,170, 900 291, 307, 000 66, 714, 600 15, 252, 200 81, 966, 800
25,1886
8,161, 800 282, 295, 800 290, 457. 600 64, 111, 700 14, 607, 700 78, 719,400
2,1886
()ct. 9, 1886 ! 8,110,700 281,170, 758 289, 281, 458 65, 090, 900 13, 069, 500 78,160,400
Oct. 16,1886 j 8, 215, 900 295, 713, 900 303, 929, 800 65, 028, 600 13,133,100 78,161,700
8, 246, 400 283, 693, 500 291, 939, 900 65, 688, 400 12,803,800 78,472,200
Oct. 23,
Sept.
Sept,
Sept.
Sept.
Oct.

Oct. 30,1886 I

8, 234, 900

284, 522, 500

292, 757, 400 66,188,100! 13,177,200

79, 365, 300

27. 6C
27.66
27.52
28.14
27.10
27.02
25.72
26. 88
27.11

Sept.
Sept,
Sept.
Sept.
Oct.
Oct.
Oct.
()ct.
Oct.
Nov.
Nov.

3,1887 i
10,1887 j
17,1887 j
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

59,175, 700!
58, 851, 300
59, 052, 900
60, 635, 900!
64,619,2001
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

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, 303, 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

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

Sept. 7.1889
Sept, 14.1889
Sept, 21,1889
Sept. 28,1889
5,1880
Oct.
Oct. " 12,1889
Oct. 19,1889
Oct. 26.1889
Nov. 2,1889
Nov. 9.1889

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

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, 669, 200
324,157, 900

65, 635.100
63, 824J 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, 809, 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

6.1890
13.1890
20,1890
27,1890
4,1890
11,1890
Oct. 18,1890
Oct. 25.1890
Nov. 1,1890
Nov. 8.1890

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, 900
308, 326, 300
312, 766, 900
327, 814, 600
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

Sept.
Sept,
Sept.
Sept,
Oct.
Oct.

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

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 . 337,838,000
332,578,000! 338,105, 000
335,317, 300 340,818, 500
333,004,000 338,571, 700
331, 492,100 337, 111, 100
332, 294,100 337, 923, 200
339, 667, 000 345, 243,500
341,023,000 346,596,400
343, 572, 700 349,165, 300|
345,411, 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, 394,40f0

27.7.7
27.58
27.17
26.14
26.00
26.82
27.56
27. 89
28. 22
27.18

Sept.
Sept.
Sept.
Sept.
Oct.
Oct.
Oct.
Oct.
Oct.
Nov.

3.1892
10.1892
17,1892
24,1892
1,1892
8,1892
15,1892
22,1892
29,1892
5,1892

5,424, 200
5,530,800
5, 601, 000
5, 642, 600
5, 672, 000
5,573,900
5,569,100
5, 608,800
5, 633, 700
5,650, 800

419, 587,400
414, 929,500
408,312,700
399, 038,400
395,234, 300
390,012, 300
384,724, 200
378, 739, 600
374.072,300
371, 530, 500

67,699,700
66,210,100
65, 742, 400
63, 667, 200
62, 208, 200
62,137, 500
62, 030, 800
61,205,200
62, 313, 900
62, 274, 600

45,381.700 113,081,400
44.185, 60$ 110,395,700
43, 884, lOOj109,626,500
43, 760, 700]107,427, 900
43, 225. 300i105,433, 50C
39, 862, 800 102, 000, 30C
37, 053, 900 99, 084, 700
38, 529. 900 99, 735,100
36, 526, 000 98, 839, 900
34, 685, 500 96,960,100

26.61
26.26
26.49
26.55
26.30
25.78
25,39
25.95
26.03
25.71




425,011,600
420,460, 300
413,913,700
404, 681,000
400,906,300
395, 586, 200
390, 293, 300
384, 348, 400
379, 706, 000
377,181, 300]

REPORT OF THE COMPTROLLER OF THE CURRENCY.

177

TABLE SHOWING THE MOVEMENT OF THE RESERVE OF THE NATIONAL BANKS IN
NEW YORK CITY DURING OCTOBER FOR THE LAST SIXTEEN YEARS.

Ratio of reserve to—
Specie.

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 31,1891
October 1,1892
October 8,1892
October 15,1892
October 22,1892
October 29,1892

9647

,

12




$14, 665, 600
14,726. 500
14, 087, 400
15, 209, 000
14,995,800
12,184, 600
13,531,400
17,384,200
18,979,600
20, 901,800
24, 686, 500
25, 636,000
59,823,700
62, 521, 300
62,760, 600
60, 888,200
61,471, 600
54, 954, 600
53, 287, 900
51,008, 300
54,016,200
55, 961, 200
47, 016, 000
48, 281,000
49,518, 200
48, 374,200
51, 586, 700
50, 894,000
47, 262, 900
46, 372, 800
67. 470,600
68, 922,500
67, 579, 400
67, 638, 000
92, 351, 600
93, 642, 500
91, 945, 300
87,309,100
84, 954. 600
64, 111, 700
65,723, 800
65, 228, 600
65, 668,400
66,195,100
64, 619,200
64, 317, 500
64,663.100
64, 918, 700
60, 005, 800
74, 411, 300
73,901, 500
81,457, 700
81,212.600
58,407,200
59, 565, 900
62, 537, 900
62,403, 200
80, 8,"9,400
73,148, 900
66, 552,400
65,680. 500
54, 783, 400
59, 731, 800
65, 532, 000
69,327, 700
71, 771,500
62,208,200
62,137, 500
62, 030, 800
61, 205, 200
62,313,900

Legal tenders.

Total.

$36,168, 300
35,178,900
35,101,700
34, 367,800
38,304, 900
37, 685,100
36,576,000
35, 690, 500
34,368,000
32,820,300
29,305,200
26, 713. 900
11, 129,100
10,785,000
10,939,200
10,988,200
10,925, 000
12,150,400
12,153,800
12,452, 700
12,496, 500
12,947,900
18,384,500
18, 002, 700
17,023, 900
17, 204, 700
20,122,500
21,145, 800
20,719, 700
20, 617,600
25, 817,300
27,654,100
27, 875, 500
27, 354. 200
24, 516,600
23, 002,000
22, 221,100
21, 059, 800
21,874, 900
14, 607,700
13,209,100
13,133,100
12,803, 800
13,177, 200
15,767,500
16, 229, 700
16,885,400
16, 735, 500
17,542, 600
23, 204,300
22,017,800
21, 386,800
21, 329, 800
27,247,900
24, 873,400
23, 570,300
22, 715, 200
15, 353, 900
14,436,700
14, 642, 500
15, 611,800
32,879,900
30, 905, 700
29,610, 500
27, 347,300
26,779,400
43,225, 300
39, 862, 800
37, 053,900
38, 529, 900
36, 526, 000

$50, 833, 900
49,905,400
49,189,100
49,576,800
53,300, 700
49,869,700
50,107,400
53,074,700
53,347, 600
53,722,100
53, 991,700
52, 349,900
70,952, 800
73, 306, 300
73,699,800
71,876,400
72, 396,600
67,105, 000
65,441, 700
63,461, 000
66, 512,700
68,909,100
65,400,500
66,283,700
66,542,100
65,578,900
71,709, 200
72,039,800
67,982,600
66,990,400
93, 287, 900
96,576, 600
95,454, 900
94,992, 200
116,868, 200
116, 644,500
114,166, 400
108, 368, 900
106, 829, 500
78, 719, 400
78,932, 900
78, 361, 700
78,472,200
79, 372, 300
80, 386, 700
80. 587, 200
81,548,500
81, 654,500
82,848,400
97, 615,600
95,919,300
102, 844, 500
102, 542,400
85,655,100
84,439, 300
86,198,200
85,118,400
90,193, sue
87,585, 600
81,194,900
81, 292, 300
87,663, 300
90, 637, 500
95,142, 500
96, 675, 000
98,550, 900
105,433, 500
102,000, 300
99, 084, 700
99,735,100
98.839, 900

Circula-

tion and Deposits.
deposits.
Per cent. Per cent.
27.0
29.5
26.
29.2
26.5
29.0
29.4
26. 8
28.4
25.7
27.0
24.4
27.3
24.7
28.5
25.8
25.8
23.3
25.9
23.4
26.1
23.5
25. 5
23.0
26.4
25.4
27.2
25.4
27.1
25.5
26.6
24.8
26.7
25.0
24.8
23.1
24.9
23.1
25.0
23.2
26.6
24.6
27.4
25.6
26.3
24.0
26.6
24.7
26.8
25.0
26.5
24.8
27.0
25.5
26.8
25.4
25.9
24.5
25.9
24.5
36,3
34.5
36,9
35.2
30, 5
34.8
36.3
34,6
37.1
36.0
37.0
35.8
36.0
34.9
34.5
33.5
34.1
33.0
27.9
27.1
27.7
27.0
27.4
26.7
27.7
26.9
27.9
27.1
28.5
27.7
28.2
27.4
28.1
27.3
28.2
27.4
28.6
27.8
27.9
27.4
28.4
27.8
29.9
29.3
29.8
29.3
25.6
25.6
25.3
26.2
25.3
26. 2
25.9
29.0
25.8
26.9
28.7
25.3
26.6
25.6
25.0
2«. 4
25.3
27.3
26.0
28.0
26.8
28.3
27.6
28.7
27.9
26.7
28.2
26.1
26. 3
25.5
25 8
26.3
25.4
26.4
25.9
26.0

178

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OP EARNINGS AND DIVIDENDS
FROM SEPTEMBER 1, 1891,

States, reserve cities, and No. of Capital stock.
banks.
Territories.

Maine
New Hampshire.
Vermont
Massachusetts . .
Boston
Rhode Island
Connecticut
Division No. 1.

585
265
48

Division No. 2 .

784

Delaware
Maryland
Baltimore
District of Columbia
Washington.
Virginia
West Virginia .
Division No. 3 .

27
28
29
30
31
32
33
34
35

Division No. 4.




Capital and
surplus.

Gross earnings.

78 $11, 385,000. 00 $2,586, 271.29 $13,971, 271.29 $766, 871.51
7, 803,222. 25 532. 040.47
6, 205, 000. 00 1,598, 222.25
51
7, 210, 000.00 1,873, 600. 00 i), 083, 600. 00 520, 356. 35
50
207 45,517, 500.00 15,422, 925.39 60, 940,425. 39 3,581,537.82
56 51,800,000.00 14, 724, 914.86 66, 524, 914. 86 3,823,452.08
4, 682, 533.48 24, 959, 583.48 1,143,059. 83
59 20,277.050.00
7,550, 375.14 30, 824, 745.14 1, 722, 646. 25
84 23,274; 370. 00

New York .
New York City .
Albany
Brooklyn
New Jersey
Pennsylvania . . .
Philadelphia .
Pittsburg

North Carolina
South Carolina
Georgia
Florida..
| Alabama
j Mississippi
Louisiana
New Orleans. .
Texas
Arkansas
Kentucky
j
Louisville
j Tennessee

Surplus.

165,668,920.00
32,984, 0C0.00
49, 300,000. 00
1,550,000. 00
1, 352,000. 00
14, 318, 350. 00
37,194, 890.00
22, 958, 000.00
10,900, 000. 00

48,438, 842.41 214,107, 762. 41 12,089,964.31
10,395,421. 79
39,413, 276. 73
1. 300, 000. 00
li 996, 000. 00
6,515,400.00
16,195, 607.73
13, 445, 803. 08
6, 414, 557. 03

43, 379,481. 79
88, 713,276. 73
2,850, 000.00
3,348; 000. 00
20, 833,750. 00
53, 390,497. 73
36, 403,803. 08
17,314, 557. 03

3,576, 540. 75
9,734, 557.23
296, 954. 46
282, 535. 42
1,790, 766.12
3, 968,762. 70
2, 651,517. 24
1,162, 215.07

170, 557, 300. 00 95, 676, 066.36 266, 233, 366. 36 23, 463, 848. 99
2,133, 975.00
3,542, 405. 00
13,243, 260. 00
252, 000. 00
2, 575, 000. 00
4,596, 300. 00
2, 561,000*. 00

961, 636.00
1,284, 724. 58
4,423, 900. 00
100, 000. 00
1,115,000.00
2,318,200 00
632, 839. 86

3,095, 611. 00
4,827, 129. 58
17, 667,160. 00
352, 000. 00
3, 690,000.00
6, 914,
500. 00
3,193, 839. 86

193, 213. 08
421,384.30
995, 474. 83
27,662.91
298, 353. 26
623, 034. 76
313, 795. 33
2, 872, 918.47

156

28,903,940.00 | 10,836,300.44

39, 740, 240. 44

14
31
18
29
13
11
10
207
10
70
10
53

2, 501, 000. 00
1, 623. 000. 00
4, 341, 000. 00
1, 250, 000.00
4,214, 000.00
1,165, 000.00
810, 000. 00
3, 625, 000. 00
25,191, 650. 00
1, 600, 000. 00
10, 3G8,100. 00
4,901,500.00
9,480,000.00

3,220,159.26
232, 281. 69
2,408, 500.00
230, 777.96
5,551,530.06
448,952. 68
1,492, 000.00
210, 890. 29
5, 261,973. 26 373, 339. 38
1, 590, 550. 00 130,896.16
99,159.46
1, 015, 849. 08
5, 483,500. 00 637,850. 20
29,980,558. 65 2, 753,144.23
214, 628. 50
2, 060,000.00
838, 875.73
13,225, 569.13
6, 042. 800. 00 426, 760. 69
11, 722, 787.77 971, 987.85

719,159. 26
875, 500. 00
1, 210, 530.06
242,000. 00
1,047, 973.26
425, 550. 00
205, 849. 08
1, 858, 500.00
4, 788, 908. 65
460, 000. 00
2,857.469.13
1,141,300.00
2, 242,787.77

71, 070, 250. 00 18, 075, 527. 21

9,145,777.21

7,569,544.82

REPORT OF THE COMPTROLLER OF THE CURRENCY.

179

OF NATIONAL BANKS IN THE UNITED STATES.
TO M A E C H 1, 1892.

Katios.

C h a r ged off.

Net earnings.

Dividends.

jSTet earnings to capital and
surplus.

Dividends

Losses a n d
preminms.

Expenses and
taxes.

$274,475.14
127, 805. 83
46, 035. 66
607, 329. 76
1,120, 909. 39
193, 695. 02
196, 014. 54

$208, 610. 59
162, 665. 04
• 164,839.04
1, 419, 318. 79
1,460,152. 80
237,130. 25
448,183.49

$283,785. 78
241, 569. 60
309. 481. 65
1, 554, 889. 27
1, 242. H89. 89
712, 234. 56
1, 078, 448. 22

$396,100. 00
239, 750. 00
255, 000. 00
1, 542,176. 40
1, 367, 785. 60
620,177. 25
871,025.00

Per cent.
2.03
3.10
3.41
2. 55
1.87
2.85
3.50

Per cent.
2.84
3.07
2.81
2.53
2.06
2.48
2.83

2, 566, 265. 34

4,100, 900. 00

5, 422, 798. 97

5, 292 014. 25

2.53

2.47

3.19

516, 030. 74
1, 499,112. 80
47, 762. 87
31,134. 97
228, 827. 90
692,532.65
457, 757. 01
114,165. 97

1, 427,180. 28
4, 294, 096.11
138,828.36
130, 385. 83
608, 868. 72
1,155,064.56
978, 365. 82
409, 900.49

1, 633, 329. 73
3, 941, 348. 32
110, 363. 23
121, 014. 62
953, 069. 50
2,121,165.49
1,215,394.41
638,148. 61

1, 323, 760. 73
2, 397, 345. 22
8(5, 000. 00
91. 988. 90
218, 390. 00
1, 341, 346.10
810, 075. 00
405, 000. 00

3.77
4.44
3.87
3.61
4.57
3.97
3.34
3.69

8.05
2.70
3.02
2.75
1.05
2.51
2.22
2.34

4.01
4.86
5.55
6.80
1.52
3. 61
3.53
3.72

3, 587, 324. 91

9,142, 690.17

10, 733, 833. 91

6, 673, 905. 95

4.03

2.51

3.91

13,403. 34
51, 742. 06
116,950.50
2, 991. 43
31,314.66
53.126. 38
28, 318.58

61.114. 56
169. 421. 91
307. 540. 63
12,423. 65
138, 690.84
252, 744. 36
102, 584. 94

118. 695.18
200. 220. 33
570, 983. 70
12, 247. 83
128, 347. 76
317,164. 02
182, 801. 81

101,186.82
185, 221. 84
421, 558. 30
10, 080. 00
71, 500. 00
188. 315. 00
136, 680. 00

3.83
4.15
3.23
3.48
3.48
4.59
5.73

3.27
3.84
2.39
2.86
1.94
2.72
4.28

4.74
5.23
3.18
4.00
2.78
4.10
5.34

297, 846.95

1, 044, 520. 89

1, 530, 550. 63

1,114, 541. 96

3.85

2.80

3.86

14, 362.16
36. 995. 87
90,481.90
23,517.79
46, 002. 18
15.132.07
6, 040. 37
258, 271. 21
645, 731.49
39, 351. 49
90, 810.49
92, 658. 76
182, 520. 76

92, 591. 77
114, 432. 32
227,112.70
101, 828. 56
186.111.48
68, 049. 30
49, 059. 69
307, 254.17
1,053, 653.14
69,217.92
290. 543. 42
157, 439. 29
397, 489. 37

125, 327. 76
79. 349. 77
131, 358. 08
85. 543. 94
141, 2*25. 72
47, 714. 79
44. 059. 40
72, 324.82
1,053, 759.60
106. 059. 09
457, 521. 82
176,662 64
391. 977. 72

105, 330. 00
239, 770. 00
142. 610. 00
41, 500. 00
153,235.00
53, 250. 00
31, 400. 00
134, 750. 00
1,159,374.39
64, 500. 00
389, 445. 00
150,560.00
353, 650. 00

3.89
3.17
2.37
5.73
2.68
3.00
4.34
1.32
3.51
5.15
3.46
2.92
3.34

3.27
9.59
2.57
2.78
2.91
3.35
3.09
2.46
3.87
3.13
2.94
2.59
3.02

4.21
14.77
3.29
3.32
3.64
4.57
3.88
3.72
4.60
4.03
3.76
3.19
3.73

1, 541, 876. 54

3,114, 783.13

2, 912, 885.15

3, 025, 374.39

3.27

3.39




Dividends
to capital.

to capital

and surplus.

Per cent.
3.48
3.86
3.54
3.39
2.64
3.06
3.74

_

>26

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

180

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS OF
FROM SEPTEMBER 1, 1891,

States, reserve cities, and
Territories.

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

No. of
banks. Capital stock.

$7,055, 391.89 $33,445,491. 89 $2, 611,
1.48
2,470,000.00
11,370, 000.00
944, 250. 59
. 1,735,000.00
9, 785, 000.00
899, 884.14
4, 520,015.49
16,997,015.49 1, 579, 779. 29
5,901), 215,59
22,412. 215. 59 2,110, 655. 34
9,682, 500.00
30, 582, 500. 00 3,473, 096. 96
3,124, 687. 60
13, 944, 287. 60 1, 249, 456. 23
631. 000.00
5, 031, 000. 00
548, 553. 28
1,887, 750.14
8,142, 750.14
836, 711.92
475, 000. 00
1, 325, 000. 00
181, 193.82

715

115,553,700.00

37,481, 560. 71 153, 035, 260. 71 14,435,580. 05

147
4
53
5
9
11
4
148
130
9

12, 9t)5, 700. 00
700. 000. 00
4, 425, 000. 00
4, 800, 000. 00
4, 840, 000. 00
4, 685, 000.00
10, 700, 000. 00
7,800,000.00
2, 000, 000.00
13,492,100. 00
9, 498,100.00
4, 000,000.00

2, 875, 274.86
310, MO. 00
1, 093, 462. 05
1, 288, 000. 00
687, 50.J. 00
750, 724. 65
1, 51)1, 510. 00
960, 0.0.00
197, 000. 00
1, 882, 086.10
1, 679, 972. 43
529, 200. 00

15, 780, 274. 86
1,010, 30.). 00
5, 518, 462. 05
6,088, 000. 00
5, 527, 500. 00
5,435, 724. 65
12, 201, 50). 00
8,760, 000.00
2,197, 001). 00
15,374, 186.10
11,178, 072.43
4,529, 200. 00

1,376.040.34
890,046.71 '
634. 556.45
513,662.51
482,56 J. 25
482. 046.45
1, 208, 637. 69
739, 918. 80
202, 710.41
1, 336,998. 40
1, 087,546. 61
5l>2,457. 64

1, 585

79, 845,200.00

13,755,020. 09

93,600,220.09

8,656,212 26

8, 640,000. 00
282.000. 00
5, 425, 000. 00
2, 500,000. 00
4, 365, 000. 00
200,000. 00

2,186, 996. 76
128, 000. 00
1,438. 772. 27
825,000. 00
822, 982. 66
33, 815.00

10, 826, 996. 76 1,372, 214. 22
410, 000. 00
4U. 094. 48
6, 863, 772. 27
687,810.80
268,512. 80
3, 325, 000. 00
473, 068.19
5,187, 982. 66
31, 715. 96
233, 815. 00

21,412,000. 00

5, 435,566.69

26,847,566.69 j 2,873,416.45

2, 315,000. 00
2,660, 000. 00
525, 000.00
4, 640,000.00
1,025, 000.00
200, 000.00
200, 000.00
2,750,000. 00
1,250,000.00
000.00
6, 780,

471,324.11
629,000.00
181,500.00
675, 067.00
208, 894. 60
10, 000. 00
9, 500.00
896, 000. 00
232,400.00
1, 664,331. 65

2,786, 324.11
3,289, 000. 00
706, 500.00
5,315, 067. 00
1,233, 894. 60
210, 000. 00
209, 500. 00
3, 646,000. 00
1,482, 400.00
8,444, 331. 65

371, 775.94
292, 408. 28
116, 431.72
828, 058.62
145, 492. 34
25, 326. 31
22, 240. 95
286, 176. 63
136, 839.10
924, 415. 65

22, 345,000.00

4, 978, 017. 36

27, 323,017. 36

3,149,165. 54

Division No. 7.




Gross earnings.

$26, 390, 100.00
8,900, 000.00
8, 050, 000. 00
12, 477, 000.00
18, 512, 000. 00
20,900, 000.00
10,819, GOO. 00
4,400, 000.00
6, 255, 000.00
850, 000. 00

North Dakota
South Dakota
Idaho
Montana
New Mexico
Oklahoma
Indian Territory .
Utah
"Wyoming
Washington
Division No. 8.

Capital and
surplus.

212
13
10
100
182
21
97
8
69
3

Colorado
Nevada
California
San Francisco.
Oregon
Arizona

United States

Surplus.

218
3,671

675, 356,310.00 234, 676,901. 27 910, 033, 211. 27 75,110, 650. 89

"REPORT OF THE COMPTROLLER OF THE CURRENCY.

181

NATIONAL BANKS IN THE UNITED STATES—Continued.
TO MARCH 1, 1892.
Charg edoff.
Losses and
premiums.

Ratios.

Expenses and Net earnings.
taxes.

Dividends.

$250.485.75
136, 692. 54
53,486. 69
204, 562. 27
228, 235, 60
412,893.90
123,102.46
115,470. 35
74. 074.89
2, 500.00

$976,624.56
355, 783. 38
255, 051. 24
586,948.12
701, 841.32
1,197, 031.49
509,013. 57
308,619.48
341, 648.40
89,565.68

$1, 384,8S8.17
451, 774. 67
591.346. 21
788, 268. 90
1,180, 578.42
1, 863,171. 57
617,340. 20
124,463. 45
420, 988. 63
89,128.14

$941,11G. 09

1, 601, 504.45

5, 322,127. 24

7,511, 948. 36

4,726,214. 89

173,037. 81
3,276. 85
70, 267. 57
84, 873.25
73, 511.15
85,428. 01
128, 366.97
215, 087.16
57, 605.15
308, 246.06
88,173.07
104, 009. 55

533,170.11
39,951.09
199, 238. 65
128,146.76
146, 830. 91
193,105.74
745,742. 94
345, 237. 97
72, 692. 93
627, 952. 93
500, 312. 62
329, 553. 86

669, 832.42
45, 818. 77
365, 050. 23
300,642. 50
262, 218.19
203, 512. 70
334, 527. 78
179, 593. 67
72,442. 33
400, 799.41
499. 060.92
68, 894. 23

630, 364.64
35.000 -00
206, 700. 00
195,000.00
122,700. 00
185,779.79
296.000.00
239,750. 00
66, 000. 00
405, 913. 64
379, 725. 00
113, 000. 00

1,391,882.60

3,861, 936.51

3,402, 393.15

20, 875,933. 07

190,179. 22
2, 926. 06
115,793. 51
17, 494. 68
39, 621.42
357. 75

528, 584.11
16, 601. 81
254, 870. 92
62, 306. 09
161, 413.20
11, 771. 54

653.450. 89
20, 566. 61
317,146.37
188, 712. 03
272,033. 57
19,586. 67

391,800. 00
16,920.00
228, 000. 00
100,000. 00
184, 850. 00
13,115. 00

366, 372. 64

1, 035, 547. 67

1,471,496.14

934,685.00

65,228.16
36, 385. 85
7, 5(58. 37
121, 111. 37
10, 414. 76
4, 077. 04

117, 494.92
149, 632. 06
43,424. 00
354. 488. 91
69, 280.12
8, 011. 94
9 347 34
134, 496. 03
64,434.09
386, 941.78

189, 052.86
106, 390. 37
65, 439. 35
352, 458. 34
65,797. 46
13, 237. 33
12 893 61
81,139. 62
45, 249. 68
445, 525.52

105,100. 00
77,050. 00
77, 500. 00
180, 200. 00
58,250.00
8,000. 00
7 250 00
123, 500. 00
31, 750. 00
235,584.00

70,540. 98
27,155.33
91,948,35

330, 500.00
259,000.00
606, 230.00
762,040. 00
847,000. 00
490,744.92
146,000. 00
295,583.88
48,000.00

434,430.21

1, 337,551.19

1,377,184.14

904,184.00

11,787,503.64

28, 960,056.80

34,363,090.45

25, 546.853.51




Net earn- Dividends
ings to to capital Dividends
and
capital and
to capital.
surplus.
surplus.
Per cent.
4.14
3.97
6.04
4.64
5.27
6.09
4.43
2.47
5.17
6.73
4.91

Per cent. Per cent.
2.81
3.57
2.91
3.71
2.65
3.22
3.57
4.86
3.40
4.62
2.77
4.05
3.52
4.54
2.90
3.32
3.63
4.73
3.62
5.65
, 3.09
4.09

4.24
4.54
6.77
4.94
4.74
3.74
2.74
2.05
3.30
2.61
4.46
1.52
3.64
6.04
5.02
4.62
' 5.68
5.24
8.38
5.48
6.79
3.23
9.26
6.63
5.33
6.30
6 15
2.23
3.05
5.28
5.04

3.99
3.46
3.75
3.20
2.22
3.42
2.43
2.74
3.00
2.64
3.40
2.49
3.07
3.62
4.13
3.32
3.01
3.56
5.61
3.48
3.77
2.34
10.97
3.39
4.72
3.81
3 46
3.39
2.14
2.79
3.31

4.88
5.00
4.67
4.06
2.54
3.97
2.77
3.07
3.30
3.01
4.00
2.83
3.60
4.53
6.00
4.20
4.00
4.23
6.56
4.31
4.54
2.89
14.76
3.8S
5.68
4.00
3 63
4.49
2.54
3.47
4.05

3.78

2.81

3.78

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

182

REPORT OF THE COMPTROLLER OF THE CURRENCY
ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS
FROM'MARCH 1, 1892,

States, reserve cities, and No. of Capital stock.
banks.
Territories.

Maine
New Hampshire .
Vermont
Massachusetts ...
Boston
Rhode Island ....
Connecticut
Division No. 1.
New York
New York
Albany .. City .
Brooklyn.
New Jersey .
Pennsylvania
Philadelphia .
Pittsburg

Division No. 4.
Ohio

Cincinnati .
Cleveland ..
Indiana
Illinois
Chicago
Michigan
Detroit
Wisconsin
Milwaukee..
Division No. 5 .




Capital and
surplus.

Gross earnings.

$761,269.84
514,222.28
525, 986. 61
3,442, 976.97
3,720,012.42
1,113.573.90
1, 663,483. 35

79
52
49
209
55
59
84

$11, 010, 000. 00
6,180, 000.00
7,160, 000. 00
45, 617. 500.00
52, 400,000. 00
20, 277, 050. 00
23,274, 370.00

$2, 678, 933.60
1, 844,465. 77
1, 872, 650.00
15, 457,450.41
14,047,399. 77
4,626, 048.14
7,545, 415.98

$13, 688,933.60
8, 024,465. 77
9,032, 650. 00
61, 074,950. 41
66,447, 399.77
24,903, 098.14
30, 819,785.98

587

165,918,920.00

48, 072, 363.67

213,991,283. 67 11, 741,525. 37

264
48
6

32,944,060.00
49, 600, 000.00
1, 550, 000. 00
1,352,000 00
14, 390. 350. 00
37, 512, 390. 00
22,450, 000. 00
10, 900, 000.00

10, 825, 664.59
40, 277, 592. 52
720, 000. 00
2,033, 000.00
6, 888, 456. 58
16, 500,005.44
13, 586, 303. 08
6,632,589. 33

170, 698,800.00

97,463,611. 54

2,133,985.00
3, 561, 700. 00
13, 243, 260.00
252, 000. 00
2, 575. 000. 00
4.496, 300. 00
2, 661, 000. 00

966, 060.12
1, 314,423. 26
4, 477, 900.00
100, 000.00
1,166, 000. 00
2, 421,900. 00
664,115.57

28,923,245.00

11,110,398.95

95
301
41

Division No. 2...
Delaware
Maryland
Baltimore
District of Columbia.
Washington
Virginia
West Virginia
Division No. 3.
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Orleans . Texas
Arkansas
Kentucky
Louisville
Tennessee

Surplus.

156 |

43,769, 724.59
89, 877, 592. 52
2, 270, 000.00
3, 385, 000.00
21,278, 806. 58
54, 012, 395.44
36,036, 303.08
17, 532, 589. 33

3, 628, 802702~
8, 830, 652. 08
289,452. 09
290,434.90
1, 822, 200. 92
4,008, 563. 56
2, 652, 625.52
1,348, 763.14

268,162,411. 54 22, 871,494. 23
3,100, 045.12
4. 876,123. 26
17,721,160. 00
352, 000. 00
3, 741, 000. 00
6, 918, 200.00
3, 325,115. 57

201,819.43
371, 254. 96
1, 012, 088.10
31,482.66
297,593. 60
636, 602. 71
289, 221. 95

40,033,643.95 2, 820, 063.41

256, 645. 75
738, 065.63
3, 239,065.63
310, 283. 72
887, 600.00
2, 510,600. 00
488, 627.13
1, 241,575. 65 5, 782,575. 65
251, 982. 96
259. 350. 00
1, 659,350. 00
388, 324.83
1,209, 975. 09 5,128, 975.09
170, 862. 80
428, 707. 58
1, 593,707. 58
127, 666. 29
238, 752.42
1, 048,752.42
660, 996.77
5, 534,167.96
1,909, 167.96
4,850, 427. 31 30, 290,427. 31 2, 658,711. 30
170, 935.19
2,082, 000. 00
482, 000. 00
857, 609.84
2,844, 874. 70 13, 302,774.70
336, 816. 31
300. 00
1, 014, 800. 00 5, 916,
986, 702.28
2, 264, 915. 52 12, 744,370. 52

14
32
19
29
13
11
10
213
10
71
10
56
510

72,462.855.00

18, 370, 211.86

90,833, 066.86 7, 666,171.17

213
13
10
105
182
22
96
8
71
3

26,465 100.00
8,900 000. 00
8,059 000. 00
12, 582 000. 00
16, 606 000. 00
21, 900 000 00
10,634 000. 00
4,400 000 00
6,420 800. 00
850 000.00

7,172, 430. 23
2, 560. 000 00
1, 775.000.00
4, 580. 443. 86
6,102,114.41
10,004,500.00
3,152. 283. 29
648,000 00
1,880,216.01
475, 000. 00

33, 637,530. 23
11, 460, 000. 00
9,825,000.00
17,162,443. 86
22, 708,114. 41
31,904, 500. 00
13, 786. 283.29
5, 048, 000. 00
8, 301, 016.01
1,325,000.00

723 116. 807, 900. 00 38,349, 987.80

155,157,887.80 13, 943, 781. 21

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OF ^NATIONAL BANKS IN THE UNITED STATES—Continued.

TO SEPTEMBER 1, 1892.
Ratios.

Charged off.
: Losses and
! premiums.

!
;

I
|

$143,511.15
122, 645.04
74, 302. 31
757,280.38
521, 402.79
305,120.82
257, 498.42
2,181,760.91

E x p e n s e s and
taxes.

Net earnings.

Dividends.

Net earn- Dividends
ings to
to capital Dividends
capital and
and
to capital.
surplus.
surplus.

$212, 474. 75
176, 985.69
167,058.69
1,183,526. 71
1, 570, 394.87
247, 515. 28
459, 515.33

$405, 283.94
214, 591. 55
284, 625. 61
1, 502,169. 88
1,628, 214.76
560, 937. 80
946,469.60

$400,437.50
240,150. 00
248. 500. 00
491, 672. 89
1,435, 500. 00
618,172. 25
865, 831. 50

Per cent.
2.96
2.67
3.15
2.46
2.45
2.25
3.08

Per cent.
2.93
2.99
2.75
0.80
2.16
2.48
2.81

Per cent.
3.64
3 89
3.47
1.08
2. 74
3.05
3.72

4,017, 471. 32

5, 542, 293.14

4, 300, 264.14

2.59

2.01

2.59
4.19
4.94
3. 43
6. 84
4.55
3.99
3.58
3.75

1
2
\\
4
5
6
7

451,754.40
1, 231, 364. 20
49, 362.46
16, 656. 41
297, 972.53
759, 404.96
592,407. 70
166,599. 85

1,403, 202. 43
4.178, 680. 65
149, 711. 84
130,175. 21
609, 580. 32
1,421, 290. 31
1, 032.807.40
488, 818. 85

1, 773, 845.19
3,420, 607. 23
90, 377. 79
143,603. 28
914, 648. 07
1, 827, 868. 29
1, 027, 410.42
693, 344.44

1, 380, 755. 64
2,445, 220.00
53, 167.77
92, 490. 00
654, 737. 00
1,497,021.10
803, 025.00
409,000.00

4.05
3.81
3.98
4.24
4.30
3.38
2.85
3.95

3.15
2.73
2.34
2.73
3.08
2.77
2. 23
2.33

3, 565, 522. 51

9,414, 267. 01

9,891, 704. 71

7, 335,416.51

3.68

2.74

4.29

22, 903.13
29, 054. 53
147,264.45
4, 084. 00
23. 835. 20
56.487. 09
42,139. 73

60, 059. 27
155, 559.95
365, 504.25
10,115. 58
131,918. 70
254, 039. 92
88,159. 51

118, 857. 03
186, 640.48
499,319.40
17, 283.08
141,839. 70
326, 075. 70
138, 922, 71

101, 986.82
136, 926. 50
490, 792. 60
10,080. 00
72, 500. 00
180, 065. 00
85, 240. 00

3.83
3.83
2.82
4.91
3.79
4.71
4.18

3.29
2.81
2.77
2.86
1.94
2.60
2.56

4.78
3.84
3.71
4.00
2.82
4.00
3.20

325, 768.13

1, 065, 357.18

1, 428, 938.10

1, 077, 590. 92

3.57

2.69

3.73

14, 796. 86
23, 523. 71
97, 299.18
25, 2-il. 84
84,900. 62
29, 524. 46
21, 564.98
108, 393. 48
309, 719. 85
25, 822. 85
119,642.15
143, 284. 80
157, 990. 50

94. 997. 86
116,446.80
207. 961. 94
125,167. 81
181,525.97
68, 076. 07
45,551.96
313, 569.79
1, 049, 923. 41
72. 904. 82
287, 653. 27
127, 593. 69
497, 792.84

146, 851.03
170, 319. 21
183,366. 01
101, 583. 31
121. 898. 24
73, 262. 27
60, 549. 35
239. 033. 50
1, 299, 068. 04
72, 207. 52
450, 314. 42
65, 937. 82
330, 918.94

99,250. 00
78, 870.00
144,110. 00
46, 898. 95
134,110.00
43, 250. 00
26, 400. 00
123, 000. 00
1,105, 675. 00
46, 500. 00
453, 515. 00
117, 560. 00
322, 850. 00

4.53
6.78
3.17
6.12
2.38
4.59
5.77
4.32
4.29
3.47
3.39
1.11
2.60

3.06
3.14
2.49
2.83
2.61
2.71
2.52
2.22
3.65
2.23
3.41
1.99
2.53

3.97
4.86
3.18
3.35
3.42
3.71
3.26
3.39
4.35
2.91
4.34
2.40
3.08

3,189,166.23

3, 315, 309. 66

2,741, 988. 95

3.60

3.02

3.78

1,038,017.33
367, 778. 67
259, 815.18
595, 749. 39
870,100. 51
1, 283, 075. 44
433,463.55
341, 280. 86
358, 822. 86
108, 821.7C

1, 269, 671. 38
293. 971. 56
304. 932. 92
750, 064. 51
1,071,349.65
1, 679,485. 51
576, 538. 64
174, 804. 96
426, 426. 04
72,126.45

998,126. 64
317, 500. 00
254, 000. 00
626, 731. 23
755, 515. 00
822, 000. 00
474, 600. 00
146,000.00
286, 675. 00
46, 500.00

3.77
2.57
3.10
4.37
4.72
5.26
4.18
3.46
5.14
5.44

2.97
2.77
2.59
3.65
3.33
2.58
3.44
2.89
3.45
3.51

3.77 36
3.57 37
3.16 38
4.98 39
4.55 40
3.75 41
4.46 42
3.32 43
4.47 44
5.47 45

5, 656, 925.49

6,619,411. 62

4, 727, 647. 87

4.27

3.05

4.05

1,161, 695. 28
379,198. 91
165,372.44
35, 275.49
249, 532. 27
258, 369.31
232, 627. 07
187, 998. 28
56, 284. 46
86,302. 84
16, 483. 03
1,667,444.10




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

184

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OF EARNINCS AND DIVIDENDS
FROM MARCH 1, 1892, TO

States, reserve cities, and No. of Capital stock.
banks.
Territories.

Iowa
Des Moines
Minnesota
p St. Paul
' Minneapolis
Missouri
St. Louis
Kansas City
St. Joseph
Kansas
Nebraska
Omaha
Division No. 6.

150
4
55
5
7
58
9
10
4
142
128

581

Colorado
Nevada
California
San Francisco .
Oregon
Arizona i
Division No. 7.

133




225

Capital and
surplus.

Gross earnings.

$2, 994, 369.28 $15, 969, 369. 28$1, 551, 509. 26
1,011, 500. 00
311, 500.00
87, 566. 80
1, 082, 773.12 6,431, 503.12
623,318.91
1, 298, 000. 00 6, 098, 000. 00 501,455. 68
639, 000. 00 5, 763, 000.00 374, 020.13
750, 668. 63 5,390, 668.63
452,917.91
1,617,000.00 12,317,000.00 1,123, 338.42
852,500. 00
7, 652,500. 00 683,128. 08
209,000.00
2,209,000.00
204, 864. 06
1, 648, 565. 74 14, 540, 665. 74 1, 328, 272.38
1, 660, 832.42 11, 003, 932. 42 1,103, 691.45
525, 500. 00 4, 675, 500. 00 475, 345.48

79,472, 930. 00 13, 589, 709.19

93, 062, 639.19 8, 509,428. 56

2, 239, 550. 09 11,254, 550.09 1,391,002.95
128,000. 00
410, 000. 00
38, 723.36
1,457,957. 86
6, 832, 957. 86 64,1,320.10
950,000. 00
3.450, 000. 00 26.3, 937. 03
853,000.00
5,268,000. 00
546,748.42
234,150. 00
34,150.00
29,033. 22

21, 787,000. 00

5,662,657.95

2, 215,000. 00
2,660,000.00
525, 000. 00
4, 740,000.00
975, 000.00
150, 000. 00
260, 000.00
2, 800,000. 00
1,100, 000.00
7, 580,000.00

Utah
Wyoming
Washington
Division No. 8.

700, 000.00
5, 348,730. 00
4, 800,000. 00
5,124, 000.00
4, 640,000.00
10, 700,000. 00
000. 00
6. 800,
2,000, 000. 00
12, 892,100. 00
9, 343,100. 00
4,150, 000.00

9,015, 000. 00
282, 000; 00
5,375,000. 00
2,500,000. 00
4,415,000.00
200, 000.00

North Dakota
South Dakota
Idaho
Montana
New Mexico
Oklahoma
Indian Territory .

United States

$12,975.000.00

Surplus.

501. 768. 65
628, 875.00
170, 000. 00
721,800. 00
214, 800. 00
41, 000.00
14, 900.00
945,300.00
199,600.00
1, 734, 880.62

23, 005,000. 00

5,142,924.27

27,449, 657.95 2,910, 765. 08
2,716, 768.65
3,288, 875.00
695, 000.00
5,461, 800. 00
1, '" 800.00
161, 000.00
274, 900. 00
3,74,5,300.00
1,299, 600.00
9, 314,
28,147, 924.27 2,984,837. 08

3,701 679, 076, 650, 00 237, 761,865. 23 916, 838, 515.23 73,448,066.11

REPORT OF THE COMPTROLLER OF THE CURRENCY.

185

or NATIONAL BANKS IN THE UNITED STATES—Continued.
SEPTEMBER 1, 1892—Continued.
Ratios.

Charged off.
Losses and
premiums.

Expenses and Net earnings.
taxes.

Dividend*.

Net earn- Dividends
ings to
to capital Dividends
and
capital and
to capital.
surplus.
surplus.

$592, 900. 00
35, 000. 00
233, 300. 00
195,000.00
127, 500.00
183,106. 43
291, 000. 00
110, 250.00
66, 000. 00
357, 625. 00
335, 675.00
95, 000. 00

Per cent.
4.53
2.62
4.18
4.94
1.21
3.99
3.86
0.39
3.80
2.61
3.56
0.49

Per cent.
3.71
3.46
3.63
3.20
2.21
3.40
2.36
1.44
2.99
2.46
3.05
2.03

Per cent.
4.57
5.00
4.36
4.06
2.49
3.95
2.72
1.62
3.30
2.77
3.59
2.29

2,622, 356.43

3.08

2.82'

3.30

407, 550. 00
19, 920. 00
217, 500. 00
100, 000.00
387,100.00
9, 000.00

4.94
5.97
4.33
5.42
5.99
7.01

4.52
3.62
4.86
7.06
3.18
4.05
2.90 » . 4.00
7.35
8.77
3.84
4.50

$206,000.95
26, 866. 79
64,638. 20
25, 210. 81
117, 958.93
42, 801.47
115,646.30
381,311.34
49,142. 08
453, 357.48
142,304.07
126,101. 84

$621,413.72
34,160. 53
289,572.45
175,049.74
186, 284.63
194, 831. 55
532,215.54
331,907.80
71,779.86
560, 659.84
569, 291.34
326, 373.95

1, 751, 340. 26

3, 893, 540.95

191,199.43
1, 963. 98
92, 629. 67
16, 328. 74
28, 213.74
1, 381. 66

643,290.36
12, 261. 54
252,660.91
60,481.15
203,133. 24
11,240.26

556,513.16
24,497.84
296, 029. 52
187,127.14
315,401.44
16,411.30

331,717.22

1,183, 067.46

1, 395, 980.40

1,141, 070. 00

5.12

4.16

3.32
2.30
7.77
5.95
4.85
11.89
4.90
4.53
O.5I
4.71

2.60
2.08
1.15
2.34
3.76
7.14
2.87
3.48
3.06
4.27

3.19
2.58
1.52
2.69
4.59
7.67
3.04
4.66
3.61
5.25

907, 525. 60

4.39

3.22

3.94

24, 853, 860. 42

3.52

2.71

3.66

46
47
48
49
50
51
52
53
54
55
56
57

5.24

70, 700.00
68,550. 00
8. 000. 00
127, 700. 00
44, 740. 53
11, 500. 00
7, 900. 00
130, 500. 00
39, 750.00
398,185. 07

33.820. 81
47, 206.18
10, 038. 08
140, 789.18
13, 500.75
289. 97
230.75
28, 648.00
73, 389. 94
97, 925. 50

160,550.07
183,102. 77
27,023.45
278, 973.98
63,950.19
9,402. 04
10, 856.72
102, 772.31
54,534.62
411,091. 93

445, 839.16

1, 302,258.08

11,431, 087.57

29,722,053.72

$724, 094. 59
26, 539. 48
269,108. 26
301,195.13
69, 776. 57
215,284.89
475,476.58
30,091.06
83, 942.12
314, 255.06
392, 096.04
22, 869. 69
2,864,547.35

90,096. 32
75, 626. 51
54,023.43
324, 942. 66
57, 719.13
19,149. 76
13, 478. 71
169,489. 71
6,675.93
438, 889. 54
1, 236, 739. 84
32,294, 924.82

NOTE.—Figures printed in boldface type signify loss.




58
59
60
61
62
(53

64
65
66
67
68
69
70
71
72
73

186

REPORT OF THE COMPTROLLER OF THE CURRENCY.

TABLE, BY STATES AND RESERVE CITIES, OF THE RATIOS TO CAPITAL, AKD TO
FUOM MAKCH 1, 1888,
Ratio of dividends
to capital and
Ratio of dividends to capital for six months ended—
surplus for six
States, Territories,
months ended—

and reserve cities.

l
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
.5
2
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
69
70
71
72
73
74

?.ct.
Maine . ^
. . . . ^... 3.8
New Hampshire
3.8
3.7
Vermont
3.5
Massachusetts
2.8
Boston
3.2
Rhode Island
3.4
Connecticut . . . .
4.0
New York
New York City.. 4.3
5.4
Albany
Brooklyn
4.5
New Jersey
3.8
Pennsylvania
3.7
Philadelphia
3.8
Pittsburg
•4.7
Delaware
4.0
Maryland
3.5
Baltimore
District of Columbia 4.0
Washington . . . . 3.2
3.8
Virginia
4.1
West Virginia
3.8
North Carolina
8.3
South Carolina
3.8
Georgia
3.9
Florida
3.3
Alabama
4.1
Mississippi
1.6
Louisiana
New Orleans... 4.3
5.7
Texas
4.8
Arkansas
3.6
Kentucky
3.7
Louisville
4.1
Tennessee
3.9
Ohio
3.3
Cincinnati
2.6
Cleveland
39
Indiana
4*. 8
Illinois
4.1
Chicago
5.6
Michigan
3.8
Detroit
4.9
"Wisconsin
6.5
Milwaukee
Iowa
Des Moines
4.2
Minnesota
St. Paul
Minneapolis...
Missouri
4.8
3.0
St. Louis
3.9
Kansas City
3.3
St. Joseph
5.8
Kansas
5.6
Nebraska
3.1
Omaha
10.2
Colorado
4.0
Nevada
4.1
California
San Francisco... 1.9
17.4
Oregon
6.0
Arizona
4.0
Dakota
North Dakota
South Dakota
Idaho
Montana
New Mexico
Utan
Washington
Wyoming
Oklahoma
Indian Territory
Average
4.0




l

P.ct
3.9
3.9
3.7
3.5
2.9
3.2
3.5
3.9
4.3
5.0

3.6

4.4
3.8
3.6
3.7
5.0
3.9
3.6
4.0
3.0
3.8
4.0
3.7
4.5
4.9
3.8
3.9
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

3.2

3.6

3.4

4.2
18.9
4.2
3.3
4.7
5.5
3/4
9.3
4.8
7.5
1.9
4.0
6.0
4.0

4.0

\ctJp.ct

4.6
4.0
3.6
3.7
5.1
4.2
3.9
4.0
4.6
3.8
3.9
3.4
4.5
4.3
4.5
3.8
6.5
2.0
3.8
4.3
7.1
3.8
3.7
3.4
3.9
3.4
2.9
4.2
4.9
3.9
4.4
3.9
4.8
4.9
4.9

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
4.1

J
3.9
3.9
3.5
3.3
2.8
3.2
3.5
3.9
4.2
5.7

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

3.9

3.9

P.ct. P.ct P.ct P.ct P.ct. P.ct P.ct P.ct
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
3.9
3.9
4.3
4.8
3.6
4.3
3.3
4.0
3.3
4.1
3.4
4.1
3.6
2.8
3.2
3.7
3.8
2.8
4.8
5.1
4.5
4.7
3.3
4.8
4.5
5.6
4.8
3.5
4.5
3.1
3.4
3.3
2.2
3.3
2.6
3.4
3.2
4.0
CO I 6.0

4.1
5.5
3.6
3.5
2.8
2.9
3.7
3.7
4.9
4.4
6.7
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

5.0
2.9
11.2
3.6
6.3
2.6
6.0
2.7
2.2
1.4
3.9 3.9

3.5
3.9
3.5
3.4
2.6
3.1
3.7
4.0
4.9
5.5
6.8
1.5
3.6
3.5
3.7
4.7
5.2
3.1
4.0
2.8
4.1
5.3
4.2
14.8
3.3
3.3
3.6
4.6
3.9
3.7
4.6
4.0
3.8
3.2
3.7
3.6
3.2
3.2
4.9
4.6
4.0
4.5
3.3
4.7
5.6
4.9
5.0
4.7
4.1
2.5
4.0
2.8
3.1
3.3
3.0
4.0
2.8
4.5
6.0
4.2
4.0
4.2

3.1
3.1
3.1
2.7
2.3
2.6
2.7
3.0
2.6
2.9

3.6
3.9
3.5
1.1
2.7
3.0
3.7
4.2
4.9
3.4

3.1
3.1
3.0
2.7
2.3
2.7
2.7
3.1
2.6
3.2

4.5
4.0
3.6
3.7
4.8
3.8
3.7
4.0
2.8
4.0
3.2
4.0
4.9
3.2
3.3
3.4
3.7
3.3
3.4
4.3
2.9
4.3
2.4
3.1
3.8
3.6
3.2
5.0
4.5
3.7
4.5
3.3
4.5
5.5
4.6
5.0
4.4
4.0
2.5
3.9
2.7
1.6
3.3
2.8
3.6
2.3
4.5
7.1
4.0
4.0
8.8
4.5

3.1
3.1
2.8
2.5
2.2
2.6
2.7
3.0
2.8
3.1

3.3 3.2 3.2
2.8 2.8 2.8
2.5 2.4 2.4
2.6 2.6 2.4
3.4 3.4 3.4
3.0 3.1 3.0
2 7 2.8 2.8
Z.2 3.2 3.2
2 4 2.4 2.4
2.7 2.7 3.1
3.3 2.6 3.2
3.1 2.5 3.0
5.7 3.1 3.1
2.9 2.8 2.4
3.4 3.4 2.8
2.7 2.8 3.3
3.4 2.9 3.5
1.4 1.7 1.7
2.9 2.5 3.1
4.6 4.1 4.0
4.1 3.3 4.8
2.9 3.3 3.0
2.9 2.9 2.9
3.4 3.0 3.1
3.1 3.0 3.0
2.8 2.8 3.0
2.3 2.4 2.5
3.0 3.2 4.4
3.6 3.9 3.8
3.1 2.7 3.3
4.6 3.6 3.5
3.4 •3.5 3.6
3.8 5.4 4.1
4.0 12.9 3.4
4.5 3.6 4.0
3.5

3.1
3.1
2.8
2.5
2.3
2.7
2.7
3.1
2.8
2.9

3.4

3.1

3.9 3.4
2.1 15.8
3.6 3.8
2.4 2.4
5.0 4.0
4.9 4.6
S.5 2.7
7.6 6.7
2.9 3.5
3.3 6.2
1.8 1.7
15.3 3.5
5.7 5.5
3.3 3.3

3.0

3.0

2.7

4.3
2.7
3.7
15.3
3.8
4.4
3.4
4.3
4.4
3.1
3.4
3.3
5.0
2.6

3.0

2.9

NOTE.—-Figures printed in bold-faoe type In

REPORT OF THE COMPTROLLER OF THE CURRENCY.

187

CAPITAL AND SURPLUS, OF THE EARNINGS AND DIVIDENDS OF NATIONAL BANKS
TO SEPTEMBER 1, 1892.

far. 1
L890.

Ratio of dividends to capital and
surplus for six montl is ended—

if

^ ' ' CO
P. ct. P.ct. P.ct.
3.1
3.1

3.1
3.4

29

29

3.0
2.1
2.4
2.7

2.3
2.2
2.1
2.7

3. 0 3. 5
2.7 2.7
2.4 2.1

*3.Y
2.7
2.4
2.4
3.5
2.9

27
3.2
2.1
3.1

3.4
2.6
2.3
2.4
3.4
2.8
2.8
2.9
1.7
2.7
4.9

2. 9 3. 0
3!l
'6.0

3.2
4.4
2 9
2.6
2.2
2.4
Z. o

2. 9
2.8
2.4
2.8
3.1
2.6
2.3
2.3
3.4
2.8
2.6
2.9
1.8
2.9
2.7

3. 2
s!i

l-i

|S

P.ct. P.ct.
3.0
3.1

2.8
3.1

28

28

3. 2 3. 4
3.9 3.9
7.7 2.9

3. 8
3.9
2. 7

3. 7
3.8

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

5.0
4.5
1.0
6.4
4.9
4.1
3.8
1.9

2.8
2.2
0.8
3.3
5.0
3.0
2.6
2.0

3.2

2.9

4.1
2.3
7.9
3.1
5.1
2.0
4.8
2.3
2.2
1.4
3.0

4.5
2.3

31
3*.l

29

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

4.9
5.4

3^3
2.8
2.6
2.9
1.7
2.6
3.1

27
24

3 7

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

4.9
3.4

2.7
3.1
2.8
2.2
2.3
3.3
2.8
2.8
2.9
1.9
2.6
2.6

30

2.9

5.2
2.6

2.7
1.0
2.5
2.2
2.3
3.3
3.8
2.4
2.9
1.9
2.7
4.3

3 ?

3.1

4.0
3.6
3.4
2.6
1.7
3.0
3.6

3.1
2.7
2.3

9^6
2.6
2.8
2.9
3.3
3.1
2.5
3.9
3.1
2.4
2.6
3.0
2.8
2.9
2.6

3^5
3.0
3.2
3.2
4.5

P.ct.

3.9
3.2
3.7
3.4
3.4
2.5
3.2

3. 0
2.7
3.0

3 3

3.2
3.2
6.7
3.2
4.4

P.ct.

4.4
4,0
4.0
3.4
3.9
3.5
3.3

3.0
2.7

3] 0
2.8
3.6
2.7
3.0
2.7
2.7
2.9
3.2
2.8
2.3
2.7

4.0
3.4
4.7
3.2
4.3

P.ct.

3.6
4.0
3.7
3.0
3.3
3.4
2.9

0.8
2.2
2.5
2.8

2^3

3.0
2.4

3. 6
3.4

3.0
3.7
2.9
3.7
2.9
4.6
3.2
3.0
3.5
2.7
3.0
2.9
1.9
3.0
2.3
2.9
2.8
3.3
4.4
3.6
1.2
3.6
4.3

2.8
3.5
2.9
3.6
3.6
3.9
3.5
3.7
3.2
2.2
3.4
2.4
2.7
3.0
2.6
3.4
2.5
3.6
4.1
3.3
3.0
3.6
5.6

34

3.8
2.3

2.6
4.4
2.1
5.8
3.8
2.9
2.2
2.4
5.1
2.8

C
O

4.0
3.7

2.9
3.0

2.5
2.1
2.5
2.8

2.6
2.8
3.2

si

il

P.ct. P.ct. P.ct.

2.3
2.2
2.5
2.8

3 4

3.0
2.7

««00

C
O

3.8
3.9
3.1
3.9
3.0
3.0
3.8
4.8
2.8
2.P
2.9

3.0
4.8

e n d ed—

C
O

3.8 2.7
3.3 2.7
3.2 3.2
4.6 3.2
3.2 3.3
3.0 2.7
4.8 3.2
5.0 11.1
3.1 2.8
2.8 2.6
3.2 2.5
2.9
2.7

Ratio of earnings to capital and Jm r p l u 3 for £jix months

11.0
3.4
4.7
3.4
2.8
2.1
3.8
3.5
2.8

2.5
2.8
2.6

27
2'. 5
2.2
3.6
2.2
3.4
2.0
2.5

30
2.8
2.6

4.1
2.8
3.0
3.4
2.0

4.1
4.6
2.8

*5.*2*
4.0
3.7
5.0
4.3
3.8
3.0
3.6
4.8
4.3
2.9
4. 0
7.1
4.3
6.6
48
6.1
7.2
3.8
5.7
7.3
3.8
3.3
6.2
3.9
2.4
3.4
4. 5

3. 6
3.3 5.0
2.6
3.4
2.9
3.4
3.5
3.7
3.5
3.6
3.2
2.2
3.4
2.4
1.4
3.0
2.5
3.0
2.0
3.6
4.9
3.2
2.9
7.3
3.8

4.9
3.8
3.2
4.1
4.6
5.5
3.7
3.4
4.8
3.6
3.6

51

5.0
4.6
3.5
3.8
4.9
4.3
4.1
4.2
4.8
4.8
4.3

42

5.5
5.5
6.6
4.1
8.6
7.0
1.4
5.3
8.4
3.8
2.5
5.1
4.2
3.6
4.4

4.8
3.7
4.6
4.3
5.9
4.6
5.3
5.7
7.4
4.1
4.1
5.1
4.3
4.2
3.8

3. 6
4.4

4. 6
5.8
5.5

5.6
4.1
*>

Q

3.9
4.7
4.8
3.0
4.1
5.8
4.7
4.5
5 1
7 1
?>. 7

5.7
6.1
8.8
5.1
6.2
(11
7.9
4.0
3.7
3.7
4.1

4.0
3.8
4. 4

12.5
6. 7

5. 0
5.4
6.1

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

10.2
7.1
5.0
6.0

11.9

1.8

4.7
5.9
8.5
10.3
1.4

6.0
8.7
9.5
2.5

2.7
3.5
4.3
9.5
5.2
6.3
8.1
3.4

4.5

4.3

4.T

4.3

'"8*0* *"6."5*
8.3
5.8

12.3
10.9


* column for 1890 and
http://fraser.stlouisfed.org/ 1892 signify percentage of loss.
Federal Reserve Bank of St. Louis

5.6
4.7
7.6
4.1
4.4
6.6
4.0
5.9
6.8
4.8
4.0
4.6
4.5
5.3
4.2

4.6
2.8
4.8
5.8
3.8
5.9
4.8
9.1
5.3
5.3
4.4
7.5

4.9
4.9
5.6
7.7
5.1
7.0
5.4
9.8
6.1
6.6
5.6
8.5

9.5
5.0
2.6
2.0
1.1
**5." 9*
7.6
2.3 8.2
5.0
3.8 3.4
7.9
3.5 5.3
4.3 12.9 10.6
3.1 2.0
3.6
7.1
2.9
2.7 4.3
4.3

5 4

"*5.*5"
3.9
3.5
4.1
4.9
3.9
3.2
4.3
5.5
5. 8
5.0
40 3 4
7.2
4.4
4.6
4.5
6.2
5.5
6.3
5.4
6.9
6.0
9.4
6.8
4.1
5.6
6.3
5.8
6.4 16.5
4.7
4.4
5.4
2.9
4.8
5.1
4.0
3.9
5.5
4.7
4.1
3.7

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

4.3
4.5
5.2
0.6
6.0
6.5
3.0
9.8

11.5

4 1

6.1
4.5
3.5
4.2
4.2
4.3
3.6
4.5
6.2
4.6
4.4

5.2
4.8
4.5
5.3
4.6
3.7
5.1
3.5
4.6
4.8
9.3
4.8
5.5
5.4
8.6
6.3

4.9
2.4
5.2
3.9
7.1
6.7
3.7

10.4
13.1
6.1

4.9
4.7
3.3
3.7
3.2
1.9
3.9
3.0
3.2
3.8
4.4
5.0

3.5

4.6

9.4
5.0

5.2
1.6
5.5
5.3
4.5
3.9
4.5
4.5
4.2
3.3
7.8
4.5
5.5
5.7

5.4

3.9

13.0

5.3
O*6

3.3

4.8

5.5

9.7
4.9

2.8
3.4
2.9
3.0
3.2
2.5
3.3

6.1
6.2
5.7
3.6
6.1
4.4
5.4

5.3
5.3
4.7
4.7
6.0
4.7
5.1

19.3
10.0

4.5
4.2
3.9
3.1
3.3
3.1
3.7

4.9
6.3
4.9
3.5
6.5
5.2
4.8

5.6
4.9
4.7
7.3
8.6
4.9

10.0

3.7
3.9
3.6
3.2
2.7
0.9
3.8

4.9
4.3
5.8
6.2
5.1

6.8
5.8
4.9
6.3
3.6
4.7

4.5
5.0
5.5

P.ct. P.ct.

m
P.ct.

5.0
4.5

11.1
6.6
6,3
6.5
7.8
1.3
4.0
4.6
4.6

3. 5
4.7
4.0

6.8
5.2
8.4
3.4
7.0
8.4
4.1
5.4
5.0
2.9
0.9
3.1
3.6
3.8
3.7
5.9
7.8
4.6
3.2
5.8
3.1
4.7
8.7
3.6
4.1
3.0
4.3
4.8
1.0
3.4
2.4
3.5
3.0
6.1
5.6
5.1
5.1
6.5
7.6
4.2
1.4
7.4
5.6
4.0
7.3
5.5
4.5
4.7
5.8
4.0

g.00
C
O

P.ct.

P.ct.

2.0
3.1
3.4
2.5
1.9
2.8

3.0
2.7

3.5
Q Q
0. 0

4.4

3.9
3.6
4.6
4.0
3.3
3.7
3.8
4.1
3.2
3.5

3 1

2.5
2.4
2.2
3.1

7
Q
4.0 O
3.8 9
4.0 10

4.6
5.7

4.2
4.3
3.4
2.8
3.9
3.8
3.8
2.8
4.9
3.8
4.7
4.2

39

A 5

3.2
2.4

6.8
3.2
6.1
2.4
4.6
5.8
4.3
4.3
3.5
3.4
1.1
2.6
3.8
2.6
3.1

3. 5

1
2
3
4
5
6

11
12
13
14
15
16
17
18
19
2C
21
22

24
25
26
5. 7
2.7
27
28
3.0
29
4.3
30
1.3
3.5
31
32
5.1
33
3.5
2.9
34
3.3
35
36
4 1
37
4.0
6.0
38
39
5.3
4.7 40
6.1
5.3 41
4.4
4.2 42
2.5
3.5 43
5.2
5.1 44
6.7
5.4 45
4.2
4.5 46
4.5
2.6 47
4.2 48
6.8
4.9
5.0 49
4.7
1.2 50
4.0 51
3.7
2.7
3 9 52
2.0 O . 4 53
3.3
3.8 54
2.6
2.6 55
4.5
3.6 56
0.5 57
1.5
6.0
4.9 58
5.0
6.0 59
4.6
4.3 60
5.7
5.4 61
5.2
6.0 62
8.4
7.0 63
64
3.3 65
6.8
2.3 66
3.2
9.3
7.8 67
6.6
5.9 68
5.3
4.8 69
2.2
4.5 70
4.7 71
5.3
3.0 0 . 5 72
6.3 11.9 73
6.1
4.9 74
3.8 j 3.5

188

REPORT OF THE COMPTROLLER OF THE CURRENCY.

EARNINGS AND DIVIDENDS OF THE NATIONAL BANKS, ARRANGED BY GEOGRAPHICAL
DIVISIONS, FOR SEMIANNUAL PERIODS FROM SEPTEMBER 1,1883, TO SEPTEMBER

1,1892.

No.
of
banks

Capital.

Surplus.

Dividends. Net earnings.

si

r
Sept., 1883, to Mar., 1884:
New England States...
Middle States
Southern States
Western States
Total

565 $167,478, 070 $41,863,161 $5. 726, 356
715 175, 317,315 64,841,178 7, 639, 670
248 38, 214, 310 9,854, 923 1, 700,113
963 126, 959, 605 29, 041, 587 6, 016, 667
2,491

2,582

2,650

2,665

2,708

2,784

Total

2,855

Total

2,942

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

522,899,715 148,771,121 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, 335,436 27, 527, 666

4.0

3.1

4.0

3.2
4.2
4.3
4.2

2.53.0
3.4
3.5

3.2
4.0
4.0
4.7

3.9

3.0

4.0

6,176,707
12, 072,419
2, 646, 393
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

22,148, 587 31, 698, 794

4.0

3.1

4.5

7,224,781
11,360, 893
3,268, 973
10, 953,427

3.2
4.2
4.1
4.3

2.6
2.9
3.3
3.5

3.5
4.5
5.0
5.4

558,544,541 171,254, 553 22,003,820 32,808,074

3.9

3.0

4.5

6,187, 595
11,201,708
3,257,542
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

23,088,607 32,601,294

4.0

3.0

4.3

41,413, 826
64,741, 009
11, 527,942
31, 088, 344

524,599,602 146,903,495




3,044

41,128, 387
67, 583, 309
12, 053, 524
32, 767, 699

530,956,195 153, 532,919
41, 581, 845
70,044,187
11, 967, 321
33,470,425

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, 391,401
6,953, 332
1, 655, 261
6, 218,477

5,375, 226
7, 044, 535
1,969,190
6, 946, 485

5, 338, 635
7,328, 798
1,994, 537
6,485,172

6,736,479
9,789,135
2, 553, 055
8, 834, 050

537, 563, 648 157, 064,778 21,147,142 27,912,719
41,897,072
73,445, 033
12. 463, 050
35,926,745

548, 355, 770 163, 731,900
164,837,370
176, 635, 656
51,515,315
165, 556,200

Sept., 1887, to Mar., 1888:
New England States... 567 164,405,920
Middle States
780 183,382,395
Southern States
358 53,124, 400
1,339 176,224, 033
Western States
Total

4.3

20,171, 667 24, 368, 019

518,605,725 147,721,475

Sept., 1886, to Mar., 1887:
New England States... 563 165,252,370
Middle States
754 175,873, 735
Southern States
313 46, 213,240
Western States
i,225 161, 016,425

Mar., 1887, to Sept., 1887:
New England States... 566
764
Middle States
343
Southern States
1,269
Western States

3.2

2.7
3.4
5.3
4.7

Mar., 1886, to Sept., 1886:
New England States... 563 165, 352, 320
Middle States
744 173,628,875
Southern States
303 45,444, 000
Western States
1,174 153,138,453
Total

OQ

2.6
2.9
3.3
3.5

Sept., 1885, to Mar., 1886:
New England States... 559 165, 203,920
Middle States
738 172,435, 295
Southern States
294 44,437,400
Western States
1,117 148,879, 580
Total

C§ O

3.3
4.0
4.2
4.3

Mar., 1885, to Sept., 1885:
New England States... 562 165, 668, 370 40,786, 007
Middle States
731 172, 907, 352 64, 247, 888
Southern States
287 43, 500, 300 11, 505, 477
Western States
1,085 142, 523, 580 30, 364,123
Total

Ill

5,738,456
8,198, 912
2,747, 018
7,683,633

Sept., 1884, to Mar., 1885:
New England States... 567 167,400,370
Middle States
732 173, 212,145
Southern States
: 278 42,648,400
Western States
1,073 139, 638,800
Total

* ! .

Pr. ct. Pr. ct Pr. ct.
2.7
3.4
2.9
3.2
4.4
4.0
3.5
4.4
6.1
3.9
4.7
6.0

507, 969,300 145, 600, 849 21,082, 806 27,994,764 < 4 . 1

Mar., 1884, to Sept., 1884:
New England States... 568 167, 600, 370 41,905, 905
Middle States
723 175, 767, 355 64, 580,406
Southern States
264 40, 638, 300 10,726,209
Western States
1,027 134, 599,700 30,508,955
Total

$6, 095, 915
9,529,978
2, 950, 096
9,418, 775

capital and
surplus.

Geographical divisions.

Dividends to

Ratios.

43,118, 790
76, 574,179
13, 247,285
38, 314,299

43,459,769
80,679,527
14,258,403
40, 999,447

577,136,748 179,397,147

5,318,480
7, 574, 627
2,143, 870
7, 111, 610

5,355,787
7, 357, 400
2,137,328
7,153,305

5,426,178
7,346,515
2,298, 039
8, 017, 876

REPORT OF THE COMPTROLLER OF THE CURRENCY.

189

EARNINGS AND DIVIDENDS OF THE NATIONAL BANKS, ETC.—Continued.

Geographical divisions.

No.
of
hanks

Capital.

Surplus.

Dividends. Net earnings.

11
,2 &
•5 *
>• °

5
Mar., 1888, to Sept., 1888:
New England States...
Middle States
Southern States
Western States

Dividends to
capital and
surplus.
Earnings to
capital and
surplus.

Ratios.

Pr. ct.Pr. ct. Pr. ct.
3.2 2.6
3.2
4.1 2.8
4.3
4.0 ,3.1
4.4
4.6 3.8
5.1

568 $164,649,820 $44,197,418
793 184, 220, 575 82, 998, 759
54, 802, £00 14, 844, 534
369
1,363 179, 865, t*50 42, 376, 280

$5, 349,
7, 564,
2,189,
8, 338.

3,093

583, 529,145 184,416, 991

23,443,051 32, 759,192

4.0

3.0

4.3

568
793
382
1,404

164, 506, 720
184, 628, 445
56, 974,485
187,144, 200

44, 904,040
$6,496, 367
15. 715,136
45, 391, 957

5, 508,163 6. 932, 212
7, 379, 692 12,241.399
2,357.718 3, 497. 410
8, 045, 400 12,438, 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,
184,195
58, 905.
191, 247,

086 6, 920. 889
874 12, 060. 433
368 3, 818, 379
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, 2 8. 788
2, 861, 628 4, 229, 776
10, 237, 991 J2, 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 J35, 248, 539

4.3

3.2

4.3

582
834
475
1,521

165,
188,
68,
212,

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

583
851
522
1,586

165, 525, 420
189, 215, 745
75,175,100
222, 670, 320

871
397
961
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

3,542

652, 586, 585 219, 430, 741

25, 768,775 40,145, 974

3.9

3.0

4.6

48, 053, 953
99, 692,776
20,344, 334
58, 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

3,612

667, 629,937 226,102, 595

25, 026, 235 35,617, 640

3.7

2.8

4.0

585
880
558
1,648

165, 668, 920 48,438, 842
192, 303, 940 103,561,327
78, 227, 550 21, 026, 567
239,155, 900 61, 650,165

5, 292, 014 5,422,799
7,463,453 11, 764, 329
3, 350, 369 3,412, 941
9,441, 017 13, 763,021

3.2
3.9
4.3
3.9

2.5
2.5
3.4
3.1

2.5
3.9
3.4
4.6

3,671

675, 356, 310 234, 676, 901

25, 546, 853 34, 363, 090

3.8

2.8

3.8

587
882
570
1, 662

165,918, 920 48, 072, 364
192,464. 745 105,487,995
79, 620,155 21,456,227
241,072,830 62, 745, 279

4,300,264 5, 542, 293
8,147, 702 10, 855. 644
3,007,294 3,780; 308
9, 398, 600 12,116,679

2.6
4.2
3.8
3.9

2.0
2.7
2.9
3.1

2.6
3.6
3.7
4.0

Total

3,701

679, 076,650 237,761, 865

24.853,860 32, 294, 924

3.7

2.7

3.5

General average

3,077

584,871,900 184, 578, 849

23, 002, 689 31,410,632

3.9

2.9

4.1

Total
Sept., 1888, to Mar., 1889:
New England States...
Middle States
Southern States
Western States
Total
Mar., 1889, to Sept., 1889:
New England States...
Middle States
Southern States
Western States
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
Total
Sept., 1890, to Mar., 1891:
New England States ...
Middle States
Southern States
Western States
Total

Mar., 1891, to Sept., 1891:
New England States... 589
874
Middle States
544
Southern States
1,605
Western States
Total
Sept., 1891, to Mar., 1892:
New England States...
Middle States
Southern States
Western States
Total
Mar., 1891, to Sept., 1892:
New England States...
Middle States
Southern States
Western States




920
745
530
990

500, 920
261,155
491,105
520, 566

165, 392,
192,973,
78, 244,
231,019,

090
876
000
971

45,476,
87. 936.
16, 387,
47, 328,

47,
98,
19,
54,

263,
565,
232,
368,

953
236
359
336

5, 307,
7, 636,
2, 365,
8, 016,

582 $6, 739, 240
822 11, 544, 258
937 3,105, 262
710 11, 370,432

190

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES OF THE
UNITED STATES, WITH THE DATES OF LIQUIDATION, THE AMOUNT OF THEIR
CAPITAL, CIRCULATION ISSUED AND RETIRED, AND CIRCULATION OUTSTANDING
OCTOBER 31, 1892.

Name and location of bank.

Date of
liquidation.

Circulation.
Capital.
Issued.

Ketired. Outs tan d-

First National Bank, Penn Yan, N.Y.* .. Apr, 6,1864
First National Bank, Norwich, Conn.* . May 2,1864
do
Second National Bank, Ottum v\ a, Iowat..
Second National Bank, Canton, Ohiot... Oct. 3,1864
First National Bank, Lansing, Mich. f.. Dec. 5,1864
Sept. 19,1864 $100, 000
First National Bank, Columbia, Mo
$90, 000
$89, 875
$125
Mar. 15,1865
First National Bank, Carondeiet, Mo
30, 000
25, 500
25, 399
101
June 9-1865
First National Bank, Utica, N. Y.*
Tittston National Bank, Pittston. Pa.|.. Sept. 16,1865
200, 000
Fourth National Bank, Indianapolis, Ind. Nov. 30,1865
100, 000
100, 000
99 373
100, 000
Berkshire National Bank, Adams, Mass.| Dec. 8,1865
400,000
National Union Bank, Rochester, N. Y.. Apr. 26.1866
192, 500
191, 503
95)7
50.000
First National Bank, Leonardsville, N.Y. July 11,1866
45, 000
44, 415
585
100, 000
Farmers' National Bank, Richmond, Va. Oct. 22,1866
85, 000
83, 288
1,712
Farmers' National Bank, Waukesha,
Nov. 25,1866
Wis
100,000
90,000
89, 540
National Bank of Metropolis, WashingNov. 28,1866
ton, D. C
200,000
180,000
177, 003
2, f 97
First National Bank, Providence, Pa... Mar. 1.1867
100,000
90,000
88, 780
1.220
National State Bank, Dubuque, Iowa... Mar. 9,1867
150,000
127,000
125, 685
1,315
First National Bank of Newton, NewMar. 11,1867
ton ville, Mass
150,000
130,000
128, 817
1,183
First National Bank, New Ulm, Minn.. Apr. 18,1867
60,000
54,000
53, 245
755
National Bank of Crawford County,
Mead ville, Pa
Apr. 19,1867
300,000
Kittanning National Bank, Kittanning,
Pa.J
Apr. 29,1867
200, 000
May 28,1867
City National Bank, Savannah, Ga.t
100, 000
Ohio National Bank, Cincinnati, Ohio... July 3,1867
500, 000
450,000
444,140
5,860
200, 000
First National Bank, Kingston, N. Y ... Sept. 26, 1867
180, 000
177,795
2, 205
Dec. 5,1867
First National Bank, Blutfton, Ind
50, 000
45. 0U0
44, 586
414
200, 000
National Exchange Bank, Richmond, Va. . . . . d o
180, 000
179, 355
645
150, 000
First National Bank, Skaneateles, N. Y. Dec. 21,1867
135, 000
133,772
1,228
Dec. 26,1867
100, 000
45, 500
First National Bank, Jackson, Miss
45,420
80
100, 000
90, 000
First National Bank, Dowiiinattown, Pa. Jan. 14,1866
89, 011
989
Jan. 15,1866
100, 000
86, 750
85, 785
First National Bank, Titusville, Pa
965
50, 500
45, 000
44,379
Appleton National Bank, Appleton, Wis. Jan. 21,1866
621
Feb. 14,1866
120, 000
45, 500
Natiomil Bank of Whitestown, N. Y
45, 248
252
First National Bank, Isew Brunswick,
Feb. 26,1868
100, 000
90, 000
88, 699
N. J . . .
1,301
First National Bank, Cuyahoga Falls,
Mar. 4,1868
50, 000
45,000
44,462
538
Ohio
'-.-..:
100,000
90, 000
89,497
First National Bank, Cedarburg, Wis... Mar. 23,1868
503
Commercial National Bank, Cincinnati,
Apr. 28,1868
500,000
345,950
343,855
Ohio
2,095
100,000
90, 000
Second National Bank, Watertown, N. Y. July 21,1868
1, 030
88,970
First National Bank, South Worcester,
A u g . 4,1868
175, 500
157,400
N.Y
155,821
1,579
National Mechanics and Farmers' Bank,
do.
350, 000
314,950
Albany, N. Y
313,010
1,940
50,000
42, 500
Second National Bank, DesMoines, Iowa. A u g . 5,1868
42,152
348
150,000
135,000
First National Bank, Steubenville, Ohio. A u g . 8,1868
133,312
1,688
A u g . 25,1868
100, 000
Eirst National Bank, Plumer, Pa
87,500
86,177
1,323
Sept. 30,1868
50,000
First National Bank, Danville, Va
45,000
44,695
305
150, 000
First National Bank, Dorchester, Mass. Nov. 23,1868
132,500
130,597
1,903
Dec. 17,1868
75,000
First National Bank, Oskaloosa, Iowa..
67,500
66,992
508
Merchants and Mechanics' National
Dec. 31,1868
Bank, Troy, N. Y
300, 000
184,750
183,145
1,605
National Savings Bank, Wheeling, W.Va. Jan. 7,1869
100, 000
90,000
89,450
550
Jan. 12,1869
First National Bank, Marion, Ohio
125, 000
109,850
109,014
83G
National Insurance Bank, Detroit, Mich. Feb. 26,3869
200, 000*
85,000
84,453
547
Mar. 6,1869
National Bank of Lansingburg. N. Y
150, 000
135,000
133, 787
1,213
National Bank of North America, New
York, N.Y
Apr. 15,1869 1,000,000
333,000
330,827
2,173
First National Bank, Hallowell, Me
Apr. 19,1869
60.000
53, 350
52,936
414
First National Bank, Clyde, N.Y
Apr. 23,1869
50,000
44,000
43,270
730
Pacific National Bank, New York, N.Y. M a y 10,1869
422. 700
134,990
134,072
918
Grocers' National Bank, New York, N. Y June 7,1869
390,000
85,250
84,916
334
Savannah National Bank, Savannah, Ga. June 22,1869
100,000
85, 000
84,485
515
First National Bank, Frostburg, Md
July 30,1869
50, 000
45,000
44,752
248
First National Bank, La Salle, 111
A u g . 30,1869
45,000
50,000
44,525
475
National Bank of Commerce, Georgetown, D.C
: . . . Oct. 28,1869
100,000
90,000
89,085
915
Slew bank with same title, t Never completed organization. ; Consolidated with another bank.



191

EEPOET OF THE COMPTROLLER OP THE CURRENCY.

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.
Circulation.
Date of
liquidation.

Narne and location of bank.

Miners' National Bank, Salt Lake City,
Uth
Utah.
First National Bank, Vinton, Iowa
National Exchange Bank, Philadelphia,
Pa
First National Bank, Decatur, 111^
National Union Bank, Owego, N. Y
First National Bank, Berlin, Wis
Central National Bank, Cincinnati, Ohio.
First National Bank, Dayton, Ohio
National Bank of Chemung, Elmira, N.Y.
Merchants' National Bank, Milwaukee,

Dec. 2,1869
Dec. 13,1869
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

Issued.

$150, 000
50, 000

Wis
June 14,1870
First National Bank, St. Louis, Mo
July 16,1870
Chemung Canal National Bank, Elmira,
N.Y
Aug. 3,1870
Central National Bank, Omaha Nebr. * .. Sept. 23,1870
First National Bank, Clarksville, Va
Oct. 13,1870
First National Bank, Burlington, Vt
Oct. 15,1870
First National Bank, Lebanon, Ohio
Oct. 24,1870
National Exchange Bank, Lansingburg,
N.Y
Dec. 27,1870
Muskingum National Bank, Zanesville,
Ohio
Jan. 7,1871
United National Bank, Winona,Minn... Feb. 15,1871
First National Bank, Des Moines, Iowa.. Mar. 25,1871
Saratoga County National Bank, Waterfd N Y
Mar. 28,1871
ford, N. Y.
Mar. 31.1871
State National Bank, St. Joseph. Mo
May 2,1871
First National Bank, Fen ton, Mich
First National Bank, Wellsburg, W. Va. June 24,1871
Clarke National Bank, Rochester, N. Y.. Aug. 11,1871
Commercial National Bank, Oshkosh,
Wi
Wis
Nov. 22,1871
Fort Madison National Bank, Fort MadDec. 26,1871
ison, Iowa
Jan. 6,1872
National Bank of Maysville, Ky
Fourth National Bank, Syracuse, N. Y... Jan. 9,1872
American National Bank, New York,
May 10,1872
N.Y.
Carroll County National Bank, SandMay 24,1872
wich, N.H..'
Second National Bank, Portland, Me
Atlantic National Bank, Brooklyn, N. Y. | July 15,1872 |
Merchants and Farmers' National Bank,
j
Quincy, 111
Aug. 8,1872 !
First National Bank. Rochester. N. Y
i Aug. 9,1872
Lawrenceburg National Bank, Law- i
renceburg, Ind
! Sept. 10,1872
Jewett City National Bank, Jewett City, |
!
Conn
l-.j Oct. 4,1872
First National Bank, Knoxville, Tenn... Oct. 22,1872 i
First National Bank, Goshen, Ind
Nov. 7,1872 |
Kidder National Gold Bank, Boston,
N o v . 8,1872 I
Mass.
Second National Bank, Zanesville, Ohio.. Nov. 16,1872 !
Orange County National Bank, Chelsea,
Vt
Jan. 14,1873 \
Second National Bank, Syracuse, N. Y... Feb. 18,1873 i
Richmond National Bank, Richmond,
Feb. 28,1873 I
Ind.*
First National Bank, Adams, N. Y
Mar. 7.1873 j
Mechanics' National Bank, Syracuse,
Mar. 11,1873 |
Farmers and Mechanics' National Bank,
Rochester, N. Y
Apr. 15,1873
Montana National Bank, Helena, Mont.. . . . . d o
First National Bank, Havana, N. Y
J u n e 3,1873
Merchants and Farmers' National Bank,
Ithaca. N.Y
June 30,1873
National Bank of Cazenovia, N. Y.
July 18,1873
Merchants' National Bank, Memphis,
Tenn
Ang. 30,1873
Manufacturers' National Bank, Chicago 111
Sept. 25,1873
Second' National j&jik, Chicago, Hi
do




Capital.

Retired.

$135,000
42, 500

Outstanding.

$134,106
42, 293

207

175. 750
85,250
88, 250
44, 000
425,000
135, 000
90,000

173,763
84,215
87,327 j
43,622
421,145
133,830 !
89,488 j

1,987
1,035
923
378
3,855
1,170
512

90, 000
179,990

89,330 !
178,597

670
1,393

90,000

89,149 i

851

27, 000
270. 000
85,000

26,890 !
267,003 i
84,338 !

110
2,997
662

100,000

90, 000

89,424

576

100,000
50,000
100, 000

90,000
45,000
90,000

89, 275
44,595
89,208

725
405
792

150, 000
100, 000
100,000
100, 000
200,000

135,000
90, 000
49, 500
90, 000
180,000

134,038
89,455
49, 018
89, 263
178,246

962
545
482
737
1,754

100,000

90, 000

!
|
i
I
i
I

100,000!
200,000 j
100,000 I
100,000 !
50,000 i
300,000 i
100,000 i

75,000
300, 000
105, 500

67,500 j
270,000 I
91,700 I

66,990
269, 709
90, 858

510
1, 291
842

500, 000

450, 000

444,051

5,949

50,000
100,000
200, 000

45, 000
81, 000
165, 000

44,463
80.014
163^ 660

537
986
1,340

150,000
400.000

135,000 |
206,100 !

133,705
203, 810

1, 295
2, 284

200, 000 I

180,000 I

i

177, 940

2,060

60,000
100, 000
115, 000

48,750
80,910
103, 500

48,252
79,096
102, 258

814
1,242

300,000
154,700

120,000
138,140

120,000
136,498

1,642

200,000
100,000

180, 000
90,000

177,766
88, 845

2,234
1,155

230,000
75, 000

207, 000
66,900 j

207, 000
66, 010

890

140', 000 j

93, 800 j

92, 880 I

920

100,000
100, 000
50, 000

83,250 !
31,500 i
45,000

82,317 |
31,385
44,410

933
115

50, 000
150, 000

45, 000
116, 770

44,294
115, 326

706
1,444

250,000

225,000

222,363

2,637

500, 000
100, 000

438,750

433,327 ]

97,500

96,141 I

5,428
1368

* New bank, with same title.

192

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont?d.
Circulation.
"Nam© and location of bank.

Date of
liquidation.

Merchants' National Bank, Dubuque,
Sept. 30,1873
Iowa
Oct. 2,1873
Beloit National Bank, Beloit, Wis
Oct. 22,1873
Union National Bank, St. Louis, Mo
Nov. 29,1873
City National Bank, Green Bay, Wis
Jan. 1,1874
First National Bank, Shelbina, Mo
Second National Bank, Nashville, Tenn.. Jan. 8,1874
Jan. 13,1874
First National Bank, Onedia, N. Y
Merchants' National Bank, Hastings,
Feb. 7,1874
Minn
Mar. 3,1874
National Bank of Tecumseh, Mich
Gallatin National Bank, Shawneetown,
Mar. 7,1874
111
Mar. 26,1874
First National Bank, Brookville, P a
Citizens' National Bank, Sioux City,
Apr. 14,1874
Iowa
Citizens' National Bank, Charlottes ville,
Apr. 27,1874
Va
Farmers' National Bank, Warren, 111... Apr. 28,1874
May 6,1874
First National Bank, Medina, Ohio
Croton Kiver National Bank, South
May 25,1874
East, N . Y
Merchants' National Bank of West VirJuly 7,1874
ginia, Wheeling, W. Va
Central National Bank, Baltimore, M d . . July 15,1874
Second National Bank, Leavenworth,
July 22,1874
Kans
Teutonia National Bank, New Orleans,
Sept. 2,1874
La
City National Bank, Chfettanooga, Tenn. Sept. 10,1874
Oct. 10,1874
First National Bank, Cairo, 111
Nov. 9,1874
First National Bank, Olathe, Kans
Nov. 10,1874
First National Bank, Beverly, Ohio
Union National Bank, La Fayette, I n d . . Dec. 4,1874
Ambler National Bank, Jacksonville,
Dec. 7,1874
Fla.*
Mechanics' National Bank, Chicago, 111.. Dec. 30,1874
First National Bank, Evans ville, W i s . . . Jan. 9,1875
First National Bank, Baxter Springs,
Jan. 12,1875
Kans
....do
People's National Bank, Pueblo, Colo
National Bank of Commerce, Green Bay
Wis
.do
First National Bank, Millersburg, Ohio. . . . . d o
First National Bank, Staunton, Va T
Jan. 23,1875
National City Bank, Milwaukee, W is
Feb. 24,1875
IrasburgNational Bank of Orleans, IrasMar. 17,1875
burg, v t
Mar. 25,1875
First National Bank, Pekin, 111
Merchants and Planters' National Bank,
Mar.30,1875
Augusta, Ga
Monticello National Bank, Monticello,
....do
Iowa
IowaCityNationalBank, Iowa City, Iowa Apr. 14,1875
First National Bank, Wheeling, W. V a . . Apr. 22,1875
First National Bank, Mount Clemens,
May 20,1875
Mich
First National Bank, Knob Noster, Mo... May 29,1875
First National Bank, Brodhead, Wis
June 24,1875
Auburn City National Bank, Auburn,
J u u e 26,1875
NY
June 30,1875
First National Bank, Eldorado, Kans

First National Bank, Junction City,
Kans
First National Bank, Chetopa, Kans
First National Bank, Golden, Colo
National Bank of Jefferson, Wis
Green Lane National Bank, Green Lane,
Pa

State National Bank, Topeka, Kans
Farmers'National Bank, Marshalltown,
Iowa
Bichland National Bank, Mansfield,
Ohio
Planters' National Bank, Louisville, K y .
First National JSaak, Gallatin, Tenn . .




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

$176,410
44, 299
148,413
44, 295
89, 280
91, 635
108, 936

$3, 590
701
1,887
705
720
1,285
1,564

100, 000
50, 000

90, 000
45, 000

88,525
44, 310

1,475
690

250, 000
100, 000

225, 000
90,000

1,987
1,165

50, 000

45,000

223, 013
88,835
44,840

100, 000
50, 000
75, 000

90,000
45,000
45,000

89, 209
44, 453
44, 720

791
547
280

200,000

166, 550

163, 600

2,950

500, 000
200,000

450, 000
180, 000

444, 915
178, 776

5,085
1,224

160

100, 000

90, 000

87,910

2,090

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, 920
147, 019
88, 642
44, 639
88, 516
220, 259

2,080
982
1,358
361
1,484
3,836

42, 500
250, 000
55, 000

125, 900
45,000

123, 830
44,562

2,070
438

35,640
26,823
89,185
60,028
89,082
59,125

360
177

100, 000
100, 000
100, 000
100,000

36,000
27, 000
90, 000
60, 400
90, 000
60,000

75, 000
100,000

67,500
90,000

963
1,325

200, 000

169, 000

66, 537
88,675
167,270

100, 000
125,000
250,000

45, 000
104,800
225,000

44,705
103,082
221,678

295
1,718
3,322

50,000
50,000
50,000

27,000
43,800
45,000

26.900
43,428
44,485

100
372
515

200,000
50, 000

141.300
45,000

138,930
44,528

2,370
472

July 1,1875
July 19,1875
Aug. 25,1875
Aug. 26,1875

50, 000
50,000
50, 000
60, 000

45,000
36,000
27,000
54,000

44,675
35, 686
26,818
53,007

314
182

Sept. 9,1875
Sept. 15,1875

100,000
60, 000

90,000
30, 600

89,657
30,462

Sept. 18,1875

50,000

27,000

26,830

Sept. 25,1875
150,000
Sept. 30.1875
350, 000
Oct. 1,1875
75,000
* N o circulation.

130,300
315, 000
45,000

127, 934
310,048
44,610

50,000
50, 000

815
372
918
875

1,730

343
138
170
2,366
4,952

KEPOKT 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.
Circulation.
Name and location of bank.

Date of
liquidation.

First National Bank, Charlestown, W.
Oct. 2,1875
Va
People's National Bank. Winchester, 111 Oct. 4,1875
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,
Ind
,
Nov. 8,1875
Kansas City National Bank, Kansas
Nov. 13,1875
City, Mp
First National Bank, Sehoolcraft, Mich. Nov. 17,1875
First National Bank, Curwensville, Pa .. Dec. 17, i875
National Marine Bank. St. Paul, Minn .. Dec. 28,1875
Jan. 11.1870
First National Bank, Rochester, Ind
First National Bank, Lodi, Ohio
... .do
Iron National Bank, Portsmouth, Ohio .. Jan. 19,1876
First National Bank, Ashland, Nebr
Jan. 26,1876
First National Bank, Paxton, 111
Jan. 28,1876
First National Bank, Bloomfield,Iowa... Feb. 5,1876
Marietta National Bank, Marietta, Ohio . Feb. 16,1876
Salt Lake City National Bank, Salt Lake
Feb. 21,1876
City, Utah
First National Bank, La Grange, Mo
Feb. 24,1876
First National Bank, Atlantic, Iowa
Mar. 7,1876
First National Bank, Spencer, Ind
Mar. 11,1876
National Currency Bank, New York, N. Y Mar. 23,1876
Caverna National Bank, Caverna, Ky
May 13,1876
City National Bank, Pittsburg, Pa
May 25,1876
National State Bank, Des Moines, Iowa.. June 21,1876
First National Bank, Trenton, Mo
June 22,1876
First National Bank, Bristol, Tenn
July 10,1876
First National Bank, Leon, Iowa
July 11,1876
Anderson County National Bank, Lawrenceburg, K;
July 29,1876
renceburg, Ky
Aug. 7,1876
First National Bank, DePere, Wis..
Aug. 17,1876
First National Bank, Newport, Ind
Second National Bank, Lawrence, Kans .\ Aug. 23,1876
Commercial National Bank, Versailles, Ky Aug. 26,1876
State National Bank, Atlanta, Ga
Aug. 31,1876
Syracuse National Bank, Syracuse, N. Y. Sept. 25,1876
Fir»t National Bank, Northumberland, Pa Oct. 6,1876
First National Bank, Lancaster, Mo
Nov. 14,1876
First National Bank, Council Grove,
Nov. 28,1876
Kans.

National Bank Commerce, Chicago, 111...
First National Bank, Palmyra, Mo
F i r s t National Bank, Newton, Iowa
National Southern Kentucky Bank,
Bowling Green, Ky
F i r s t National Bank, Monroe, Iowa
F i r s t National Bank, New London, Conn.
Winona Deposit National Bank, Winona,
Minn
F i r s t National Bank, South Charleston,
Ohio
Lake Ontario National Bank, Oswego,

N.Y

First National Bank, Sidney, Ohio
Chillicothe National Bank, Ohio
First National Bank, Manhattan, Kans..
National Bank, Monticello, Ky
First National Bank, Rockville, Ind
Georgia National Bank, Atlanta, Ga
First National Bank, Adrian, Mich
First National Bank, Napoleon, Ohio
First National Bank, Lancaster, Ohio
First National Bank, Minerva, Ohio
Kinney National Bank, Portsmouth, Ohio.
First National Bank, Green Bay, Wis
National Exchange Bank, Wakefield, R.I.
First National Bank, Union City, Ind . . .
First National Bank, Negaunee, Mich . . .
Tenth National Bank, New York, N.. Y ..
First National Bank, Paola, Kans
National Exchange Bank, Troy, N. Y
Second National Bank, Lafayette, Ind


9647
13


Capital.
Issued.

$100, 000
75,000

Retired. Outstanding.
$89,132
66, 863

50, 000
50,000

$90,000
67, 500
45, 000
45,000

100, 000

81. 280

80, 528

100,000

46, 820

46, 255

100, 000
50,000
100, 000
100, 000
50, 000
100, 000
50, 000
50, 000
55, 000
150, 000
100, 000
50, 000
50, 000
70, 000
100, 000
50, 000
200, 000
100, 000
50, 000
50,000
60, 000

65, 991
45, 000
90, 000
59. 710
45, 000
90, 000
90, 000
45, 000
45, 000
49, 500
90,000

65,127
44,492
88, 498
58,315
43,029
88,492
89.167
44,594
44,398
48,480
88, 352

45, 000
45, 000
45, 000
6B, 000
45,000
45, 000
68, 929
50, 795
45, 000
45,000
45,000

44,140
44, 446
44,480
62, 520
43,960
44, 655
68, 282
49, 495
44, 526
44, 667
44,110

100, 000
60, 000
50, 000
100, 000
170, 000
200, 000
200, 000
100, 000
50, 000

45,000
45, 000
31, 500
67,500
153, 000
73, 725
117, 961
62,106
27, 000

44, 730
44, 418
31,241
66, 760
150,977
72, 355
114,421
60, 265
26, 857

270
582
259
740
2,023
1,370
3,540
1,841
143

Dec. 2,1876
Dec. 12,1876
Dec. 16,1876

50, 000
250,000
100, 000
50, 000

26, 500
71,465
46,140
45, 000

26,153
70,229
44,911
43, 836

347
1,236
1,229
1,164

Dec. 23,1876
Jan. 1,1877
Jan. 9,1877

50,000
60,000
100,000

27, 000
35, 700
38, 300

26, 742
35, 327

258
373

Jan. 28,1877

100,000

63, 285

ioo,ooo

Feb. 24,1877

100,000

90, 000

.do .
Feb. 26,1877
Apr. 9,1877
Apr. 13,1877
Apr. 23,1877
Apr. 25,1877
M a y 31,1877
June 11,1877
June 30,1877
Aug. 1,1877
Aug. 24,1877
Aug. 28,1877
Oct. 19,1877
Oct. 27,1877
Nov. 10,1877
Nov. 13,1877
Nov. 23,1877
Dec. 1,1877
Pec. 6,1877
Dec. 20,1877

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, 00!)
200, 000

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
9!), 000
52,1(57

44,628
44,468

637
372
532
752
565
864
508
1,502
1, 395
1,971
1, 508
833
406
602
1,020
1,648
860
554
520
480
1,040
345
647
1,300
474
333

36, 556

1,744

61,850

1,435

88,035
62, 206
45, 247
52,175
43, 613
48,500
169,860
43,659
42,866
44,108
52, 322
44, 362
88, 890
43,899
33, 701
44,035
44, 225
421,
44,
87,
48,

760
047
757
699

1,965
4,199
953
1, 650
587
1,000
3, 230
1,341
634
892
1,678
638
1,110
1,101
949
965
775
19, 240
303
2,243
3,468

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.
Circulation.
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
First National Bank, Sullivan, Ind
....do
Rockland County National Bank, Nyack,
Jan. 10,1878
N.Y
First National Bank, Wyandotte, Kans .. Jan. 19,1878
Jan. 22,1378
First National Bank, Boone, Iowa
First National Bank, Pleasant Hill, Mo .. Feb. 7,1878
Feb. 28, J 878
National Bank of Gloversville, N. Y
First National Bank, Independence, Mo. Mar. 1,1878
Mar. 2,1878
National State Bank, Lima, Ind
Mar. 4,1878
First National Bank, Tell City, Ind
Mar. 5, 1878
First National Bank, Pomeroy, Ohio
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, St. Charles,
111
I.
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,] 878
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, Rah way, 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,
Iowa
ISTov. 30,1878
First National Bank, Anamosa, Iowa
Dec. 14,1878
Smithfield National Bank, Pittsburg, Pa. Dec. 16,1878
First National Bank, Buchanan, Mich... Dec. 21,1878
First National Bank, Prairie City, 111- - - - Dec. 24,1878
Corn Exchange National Bank, Chicago,
Jan. 4,1879
Franklin National Bank,Columbus, Ohio. ....do
Traders' National Bank, Bangor, Me
Jan. 14,1879
FJrst National Bank, Gonic, N. H
....do
First National Bank, Salem, N. C
.-..do
First National Bank, Granville, Ohio
....do
Commercial National Bank, Petersburg,
Va
do
First National Gold Bank, Stockton, Cal
do
First National Bank, Sheboygan, Wis
do
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 Bank, Brookvill©,
Ind
Feb. 18,1879
Farmers' National Bank, Centreville,
Iowa
Feb. 27,1879
First Nationa 1 Bank, Clarinda, Iowa
! Mar. 1,1879
Waterville National Bank, Waterville, Me Mar. 3,1879
First National Bank, Tremont, Pa
Mar. 4,1879
First National Bank, Atlanta, 111.
Apr. 15,1879
Union National Bank, Aurora, 111
Apr. 22,1879
National Bank of Menasha, Wis
Apr. 26,1879
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, 111. J uly 3,1879
First National Bank, Fran k '.in, Ky
July 5,1879
National Bank of Salem, Salem, Ind . . . . ' Juty 8,1879




Capital.
Issued.

Eetired.

Outstanding.

$100,000
200, 000
50,000

$82, 500
53, 055
45,000

$80,154
48, 834
44,425

$2, 346
4,221
575

100, 000
50, (JOO
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

87,206
44,235
31, 795
44,158
63, 726
25, 641
32. 202
44,000
71, 911

1,794
765
605
842
1, 024
1,359
1,269
500
3,802

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

88, 205
43, 780
86, b55
37,702
67, 010
31,095
40, 065
43, 624

1,195
1,220
2,045
759
2,740
405
435
576

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

25,858
43,830
48, 320
29,109
83. 930
87, 217
64. 620
50, 998

442
670
680
191
1.775
2,083
2,490
1,702

100,000
2"0.000
100,000
50, 000

44,200
43.700
89, 200
45, 000

42,136
40,532
86,690
43,908

2,064
3,1(58
2.510
1,092

200, 000
100,000

178,300
89,100

100, 000
50, 000
200, 000
50, 000
50,000

45, 000
44, 500
78,750
27,000
27, 000

173,328
87, 362
43, 730
43, 342
76. 6t;0
26, 608
25, 860

4,972
1,738
1,270
1,158
2,150
392
1,140

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, 580
89,853
73, 632
43, 948
124, 630
33,129

5,580
3,217
2,7G8
1,649
3 570
1,236

120,000
300, 000
50,000
50,000
120, 000
100,000

99,800
238, 600
45, 000
43,900
44, 300
32,400

96, 388
225,001
44, 251
42,896
41, 948
31, 868

3,412
13,599
749
1,004
2,352
532

100, 000

89, 000

85,965

3,035

50,000
50, 000
125,000
75,000
50,000
125, 000
50, 000

41, 500
45, 000
110,300
64,600
26, 500
82, 000
44,500

40, 898
44, 244
106,823
61, 8-i1
25, 920
79,305
43,565

602
756
3,477
2,759
580
2,695
935

50,000
100,000

45,000
88,200

1,100
3,836

100,000
50, 000
100,000
50,000

35,000
27,000
54, 000
44,400

43,900
84, 364
34,346
26, 310
52, 465
43, 803

654
690
1,535
597

195

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.—Cout'd.
Circulation.
Nanie and location of banks.

Date of
liquidation.

Capital.

Issued.

$45, 000
$125, 000
Fourth National Bank, Memphis, Tenn. July 19,1879
87, 200
100.000
Bedford National Bank, Bedford, Ind ... Julv 21,1879
50, 000
26, 500
Aug. 15,1879
First National Bank, Afton, Iowa
50, 000
45. 000
First National Bank, Deer Lodge, Mont. Aug. 16,1879
50,000
44,300
Aug. 30,1879
First National Bank, Batavia, 111
National Gold Bank and Trust Company,
40, 000
750, 000
Sept. 1,1879
San Francisco, Cal
Gainesville National Bank, Gainesville,
100, 000
90, 000
Nov. 25,1879
Ala.
90,000
100,000
First National Bank, Hackensack,N. J_. Dec. 6,1879
50, 000
27, 000
National Bank of Delevan, Delevan, Wis. Jan. 7,1880
Mechanics' National Bank, Nashville,
100, 000
90, 000
Jan. 13,1880
Tenn
Manchester National Bank, Manchester,
48,303
50, 000
..do.
Ohio.
30, 600
50, 000
Mar. 5,1880
First National Bank, Meyersdale, Pa
90,000
100, 000
Mar. 8,1880
First National Bank, Miffiinburg, Pa
National Bank of Michigan, Marshall,
100. 800
M a y 14,1880
120, 000
Mich.
31, 500
100, 000
National Exchange Bank, Houston, Tex. Sept. 10,1880
90,000
100,000
Ascutney National Bank, Windsor, Vt.. Oct. 19,1880
54, 000
60,000
First National Bank, Seneca Falls, N. Y. Nov. 23,1880
27, 000
Nov. 27, 1880
50,000
First National Bank, Baraboo, Wis
45, 000
50, 000
Bundy National Bank, Newcastle, Ind .. Dec. 6,1880
45,000
50,000
Vineland National Bank. Vineland. N. J . Jan. 11,1881
Oceau Count}' National Bank, Tom's
119,405
100, 000
Eiver, N . J .
.do .
45,000
50, 000
Hungerford National Bank, Adams, N.Y. Jan. 27,1881
Merchants' National Bank, Minneapolis, I
150, 000
98, 268
Jan. 31,1881
Minn.
Farmers' National Bank, Mechanics100, 000
30,140
burg, Ohio
Feb. 18,1881
45,000
50, 000
First National Bank, Green Spring, Ohio. ....do
First National Bank, Cannon Falls,
45, 000
Minn
50, 000
Feb. 21,1881
53,058
50,000
First National Bank, Coshocton, Ohio .. ....do
Manufacturers' National Bank, Three
45, 000
50, 000
Rivers, Mich
Feb. 25,1881
45.000
50, 000
....do
First National Bank, Lansing, Iowa
75, 510
100, 000
First National Bank, Watertown, N. Y. May 26,1881
45, 000
60,000
June 17,1881
First National Bank, Americus, Ga
26,500
50, 000
First National Bank, St. Joseph, Mich.. June 30,1881
45. 000
50, 000
July 8,1881
First National Bank, Logan, Ohio
45, 000
50, 000
Aug. 9,1881
First National Bank, Rochelle, 111
45, 000
50, 000
Aug. 10,1881
First Nationl BaiiK, Shakopee, Minn
81, 665
50, 000
National State Bank, Oskaloosa, Iowa... Aug. 13,1881
90, 000
100, 000
Aug. 27,1881
First National Bank, Hobart, N. Y
45,000
50, 000
Aug. 30,1881
Attica National Bank, Attica N. Y
270, 000
300,000
National Bank of Brighton, Boston,Mass . Oct. 4,1881
100, 000
Clement National Bank, Rutland, Vt. x .. Aug. 1,1881
45,000
50, 000
Nov. 1,1881
First National Bank, Lisbon, Iowa
48,500
50, 000
Dec. 1,1881
First National Bank, Warsaw, Ind
45, 000
50, 000
Brighton National Bank, Brighton, Iowa- Dec. 15,1881
72, 000
120, 000
Merchants'National Bank, Denver, Colo. Dec. 24,1881
45, 000
50,000
Merchants' National Bank, Holly, Mich. Dec. 31,1881
45, 000
50,000
Jan. 3,1882
First National Bank, Alliance, Ohio
National Union Bank, New London,
112,818
300, 000
Conn
Jan. 10,1882
90, 000
100,000
National Bank of Royalton, Vt
....do
45, 000
50,000
First National Bank, Whitehall, N. Y .. Jan. 18,1882
43,700
70, 000
National Bank of Pulaski, Tenn
Jan. 23,1882
90, 000
100,000
First National Bank, Alton, 111
Mar. 30,1882
45, 000
50, 000
Havana National Bank, Havana, N. Y.. Apr. 15,1882
67, 500
75, 000
First National Bank, Brownsville, Pa,.. May 2,1882
81 060
100, 000
Second National Bank, Franklin, Ind . . . June 20,1882
Merchants' National Bank, Georgetown,
45, 000
50,000
June 22,1882
Colo.
90, 000
100, 000
CommercialNationalBank, Toledo, Ohio. July 6,1882
45, 000
50, 000
Harmony National Bank, Harmony, Pa. July 7,1882
54,000
July 22,1882
60, 000
First National Bank, Liberty, Ind
Manufacturers' National Bank, Amster72, 000
80, 000
A u g . 1,1882
dam, N. Y
156,100
400,000
Nov. 8,1882
First National Bank, Bay City, Mich
100, 000
69,201
First National Bank, Ripley, Ohio
Nov. 10,1882
National Bank of State of New York,
New York, N. Y
Dec. 6,1882
800, 000
379, 004
First National Bank, Wellington, Ohio. Dec. 12,1882
100.000
90,000
Second National Bank, Jefferson, Ohio.. Dec. 26,1882
100,000 |
90,000
bank with same title

no circulation.



Retired.

Outstand-

$43,300
85, 594
25. 554
43,970
42,420

$1. 700
1, 606
946
1,030
1,880

29,590

10, 410

87, 095
87,840
25, 920

2,905
2,160
1, 080

85,400

4,600

46, 698
30,150
86,485

1, 605
450
3, 515

97, 263
30,232
87,126
52, 768
26,403
44, 539
44,416
Hi, 110
42,121

3,537
1,268
2,874
1. 232
'597
461
584
5,295
2,879

96,367

1,901

29.145

44, 024

995
976

44, 393
51, 770

607
1,288

43, 989
43. 502
71, 345
43, 980
25. 665
43,615
44, 054
43, 695
78, 895
86. 816
44, 280
260, 890

1,011
1, 498
4,165
1,020

8.<5
1, 385
946
1, 305
2,770
3,184
720
9,110

44,130
46, 945
43, 904
70, 490
43, 872
43, 699

870
1,555
1,096
1,510
1,128
1,301

107, 750
86, 953
42,419
41, 899
• 86, 234
43, 369
64, 070
75,800

5,068
3, 047
2,581
1,801
3,766
1,631
3,430
5,260

44,203
87, 910
43, 660
52, 346

797
2,090
1, 340
1,654

70,160
150,836
63,934

1, 840
5, 264
5,267

382, 387
87,047
86,774

14, 617
2, 953
3, 226

196

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OP SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.
Circulation.
Name and location of bank.

Date of
liquidation.

Capital.

First National Bank, Painesville, Ohio .. Dec. 30,1882
$200,000
Saint Nicholas National Bank, New
York, N.Y
...do
500,000
Fifth National Bank, Chicago, HI
...do
500, 000
First National Bank, Dowagiac, Mich . . . Jan. 3,1883
50, 000
First National Bank, Greenville, 111
Jan. 9,1883
150,000
Merchants' National Bank, East Saginp,w, Mich
200,000
..do .
Logan County National Bank, Russellville, Ky
50,000
-do.
100, 000
National Bank of Vandalia, 111
Jan. 11,1883
50,000
Traders' National Bank, Charlotte, N. C- Jan. 10,1883
45,000
First National Bank, Norfolk, Nebr
Feb. 3,1883
First National Bank, Midland City,
Mich*
30, 000
Feb. 5,1883
Citizens' National Bank, New Ulm,
Minn
Mar. 1,1883
50, 000
National Bank of Owen, Owenton, Ky .. Mar. 5,1883
56, 000
Merchants' National Bank, Nashville,
Tenn
June 30,1883
300,000
Indiana National Bank, Bedford, Ind
Aug. 25,1883
35,000
Stockton National Bank. Stockton, Cal .. Oct. 1,1883
100, 000
Wall Street National Bank, New York,
N.Y
Oct. 15,1883
500, 000
Commercial National Bank, Reading, Pa. Oct. 23,1883
150,000
Corn Exchange National Bank, Chicago,
111.*
Nov. 10,1883
700,000
Farmers' National Bank, Sullivan, Ind .. Dec. 24,1883
50,000
City National Bank, La Salle, 111
Jan. 8,1884
100, 000
Hunt County National Bank, Greenville, Tex
Jan. 22,1884
68,250
Waldoboro National Bank, Waldoboro,
Me
Jan. 31,1884
50,000
Third National Bank, Nashville, Tenn . . Feb. 20,1884
300, 000
Madison County National Bank, AnderMar. 25.1884
50,000
son, Ind
1
Apr. 7,1884
50, 000
First National Bank, Phoenix. Ariz
150,000
Cobbossee 1National Bank, Gardiner, Me. Apr. 18,1884
Mechanics and Traders' National Bank,'
200, 000
Apr. 24,1884
New York, N . Y
Princeton National Bank, Princeton,
100, 000
May 17,1884
N. J
50, 000
Kearsarge National Bank, Warner, N. H . June 30,1884
50, 000
Second National Bank, Lansing, Mich... July 31,1884
50, 000
Aug. 9,1884
First National Bank, Ellensburg, Wash..
50,000
German National Bank, Millerstown, P a . Aug. 12,1884
Exchange National Bank, Cincinnati,
500,000
Aug. 27,1884
Ohio
75,000
Sept. 30,1884
First National Bank, Rushville, 111
100, 000
Mechanics' National Bank, Peoria, 111... Oct. 4,1884
50,000
Oct. 10,1884
First National Bank, Freeport, Pa
Genesee County National Bank, Batavia,
Oct. 11,1884
50,000
N.Y
50,000
Valley National Bank, Red Oak, I o w a . . . Oct. 20,1884
Merchants' National Bank, Bismarck,
73,000
N.Dak
] Oct. 28,1884
Manufacturers' National Bank, MinneNov. 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; Company Dec. 10,1884
50, 000
Freehold, N.J
f.
. . . . . . ' . Dec. 16,1884
50,000
Albia National Bank, Albia, Iowa
....do
50,000
First National Bank, Carlinville, H I . . . 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
Jan. 24,1885
50,000
Farmers' National Bank, Franklin, Tenn Jan. 27,1885
50,000
Citizens' National Bank, Sabetha, Kans * N o circulation issued.




Issued.

Retired.

Outstanding-

$162, 800

$154,376

' $8,424

450,000
29,700
45,000
59,400

424,530
22,599
43,368
56,164

25,470
7,101
1,632
3, 236

101,100

95, 299

5,801

40, 050
90, 000
38, 800
11, 240

38. 980
85.930
37, 500
11, 040

1,070
4,070
1,300
200

27, 000
48,900

26,160
46, 960

840
1,940

141, 200
11,250
90, 0J0

134, 810
11,250
87, 610

6,390

102,800
135, 000

92, 822
129,790

9,978
5,210

45, 000
22, 500
17,300

42, 770
21,260

2,230
1,240

16,180

1,120

44,000
167, 600

41,124
160,140

2. 876
7,460

45, 000
11,240
90, 000

43,720
11,060
84,506

1,280
180
5,434

85,400

77,810

7,590

72,500
23, 586
40,000
13,500
45,000

69,805
22, 465
36, 894
13, 050
41,185

2,695
1,121
3,106
450
3,815

78, 000
66. 500
72,000
44, 200

73, 720
61, 369
66,423
41,100

4,280
5,131
5,577
3, lOt)

45,000
22,150

43, 510
20, 660

1,490
1,490

2,390

22, 500

22, 040

460

45,000

42, 690

2,310

34, 600

32, 800

1,800

1,447,000

1,313, 037

133,963

19,250
11, 250

18,800
10, 860

450
390

93, 000
11, 240
22,450
90, 000
45,000
10,740
11, 2dO
42, 500
36,000
10, 740
XI, 240

86,425
10,970
20,847
83, 556
42, 500
10, 545
10,510
39. 310
33,880
10,430
10, 940

6,575
270
1, 603
6,444
2,500
195
690
3,190
2,120
310
30Q

REPORT DP THE COMPTROLLER OP THE CURRENCY.

19?

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.

Issued.

Retired.

Outstanding.

31,1885
7,1885
1,1885
9,1885
28,1885
6,1885

$100, 000
50, 000
50, 000
50, 000
50, 000
175, 300

$28,100
16, 200
27, 350
11, 250
43,800
120,100

$27,440
15,775
25, 970
10, 040
40,160
104,820

1,380
1,210
3,640
15, 280

May 12,1885
May 16,1885
May 18,1885

50, 000
60, 000
100, 000

10,240
18,900
72,000

9,940
18,430
66, 672

5,328

5,1885
14,1885
21,1885
3,1885

125, 000
100, 000
1,200,000
50, 000

106, 200
66. 800
25,100
27,350

98,758
61,199
15, 202
24,750

7,442
5,601
9,898
2,600

Oct. 10,1885
Oct. 21,1885
Dec. 4,1885
Jan. 6,1886
Feb. 15,1886

50,000
50, 000
250,000
50,000
50,000

45,000
11, 250
44,960
23,490
26, 500

42, 374
10, 370
39, 920
21,700
25, 264

2,626

Mar. 12,1886
Mar. 22,1886
Mar. 24.1886
Apr. 14,1886
Apr. 20,1886
May 8,1886
May 12, 1886
May 28,1886
July 31,1886

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, 750
45, 000
35, 490
15, 500

10, 830
10,250
12, 840
79, 761
24, 790
30, 990
39,710
31,645
14,150

410
990
650

2,760
5, 290
3,845
1,350

Aug. 9,1886
Sept. 16,1886
...Tdo
Sept. 25,1886

50, 000
50, 000
50, 000
50, 000

11, 240
11, 250
39, 680
13,410

11,240
10, 090
35,049
11,820

1,160
4,631
1,590

Oct. 11,1886
Oct. 14,1886
Oct. 20,1886
Oct. 21,1886
do
Oct. 22.1886
Oct. 2a, 1886

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

41,357
39,480
36, 464
39,380
82,050
39, 620
42, 032

3,643
5,520
2,846
5,620
14, 090
5, 380
2,968

Oct. 25,1886
Nov. 11,1886
Nov. 27,1886

100, 000
500, 000
50, 000

22, 500
162, 325
11, 250

20,250
143, 945
10, 850

2,250
18, 380

Nov. 29,1886
Dec. 1,1886
Dec. 6, 1886
Dec. 18,1886
Dec. 28, 1886
Dec. 31,1886
....do

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

9,980
41, 828
10, 020
10,691
15, 910
31, 735
11,745

1,270
3,172
1,230
3,201
2,090
.6,515
1,755

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

21,060
207,577
68, 310
35, 302
25, 090

1,440
29,653
7,300
7,198
1,910

Mar. 15,1887

100, 000

22,500

20,060

2,440

Mar. 23,1887
Winsted National Bank, Winsted, Conn. Apr. 12,1887

50,000
50,000

11, 250
11, 250

10,570
9,645

1,605

100, 000
50, 000
50,000
52, 450
50, 000
50, 000
50, 000
500, 000
100, 000
50,000

22, 500
11, 250
11, 250
47,205
11,250
11, 250
11, 700
45, 000
22, 500
10,750

20, 660
10, 785
10,030
43, 422
10,605
10,585
10, 880
40, 000
21,020
9,170

First National Bank, Tucson, Ariz
Ripon National Bank, BApon, Wis
Farmers' National Bank, Franklin, Ohio.
First National Bank, Prescott, Ariz
National Union Bank, Swan ton, Vt
German National Bank, Memphis, Tenn.
Merchants and Farmers' National Bank,
ShakoDee MLinn
First National Bank, Superior, Wis
Shetucket National Bank, Norwich, Conn
Cumberland National Bank, Cumberland, R. I . . .
First National Bank, Columbia, Tenn--.
Union National Bank, New York, N. Y..
First National Bank, Centerville, Ind...
Manufacturers' National Bank, Apple-nton Wis
irst National Bank, Plankinton, S. Dak.
Valley National Bank, St. Louis, Mo
First National Bank, Belton, Tex
First National Bank, Granville, Ohio
Concordia National Bank, Concordia,
Kans
Citizens' National Bank, Beloit, Wis
First .National Bank, Dayton, Wash
First National Bank, Macomb, 111
First National Bank, Jesup, Iowa
Dallas National Bank, Dallas, Tex
First National Bank, Lewistown, 111
First National Bank, Cedar Rapids, Iowa
First National Bank, Socorro, N. Mex ..
Custer County National Bank, Broken
Bow, Nebr
Roanoke National Bank, Roanoke, Va...
Fi^st National Bank, Brown ville, Nebr
First National Bank, Leslie, Mich
Mount Vernon National Bank, Mount
Vernon, 111 . ..
National Bank, Piedmont, W. Va
First Natianal Bank, St. Clair, Mich
First National Bank, Milford, Mich
National Bank of Kingwood, W. Va
Merchants' National Bank. Lima, Ohio..
Hubbard National Bank, Hubbard, Ohio.
Commercial National Bank, Marshalltown, Ohio
First National Bank, Indianapolis. Ind
Firat National Bank, Concord, Mich
Jamestown National Bank, Jamestown,
N Dak
First National Bank, Berea, Ohio
First National Bank. Allerton, Iowa
Second National Bank, Hillsdale. Mich..
Topton National Bank. Topton. Pa
First National Bank, Warsaw, 111
First National Bank, Hamburg, Iowa ...
Darlington National Bank, Darlington,
s.c
Union National Bank, Cincinnati,Ohio..
Roberts' National Bank, Titus ville, Pa..
National Bank of Rah way, N. J
Olney National Bank, Olney, 111
Metropolitan National Bank, Leavenworth, Kans
...
Ontario County National Bank, CananCouncil Bluffs National Bank, Council
Bluffs, Iowa ... ..
First National Bank, Homer, 111
First National Bank, Beloit, Wis
Mystic National Bank, Mystic, Conn ...
Exchange National Bank, Louisiana, Mo.
Exchange National Bank, Downs, Kans.
First National Bank, Tecumseh, Nebr ..
Third National Bank, St. Paul, Minn...
First National Bank, Marshall, Mo
First National Bank, Greene, Iowa



Jan.
Feb.
Apr.
Apr.
Apr.
May

June
July
July
Oct.

Feb.
Feb.
Feb.
Mar.
Mar.

May 5,1887
June 22, 1887
June 30, 1887
July 7,1887
July 12,1887
Aug. 1,1887
Nov. 3,1887
Nov. 4,1887
Dec. 6,1887
Dec. 15,1887

$660
425

300
470

880

5,040
1,790
1,236

9, 759
970

400

780

1,840
465

1,220
3,783
645
665
820

5,000
1,480
1,580

i98

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.

Fulton National Bank, New York, N.Y.*. Dec. 20,1887
Fayetteville National Bank, FayetteDec. 31,1887
ville, N.C
National Bank, Somerset, Ky
First NatL^i'Ba^nk, Richburg, N. Y
! Jan. 10,1888
Scituate National Bank, Scituate, R. I-.. | Jan. 11,1888
National Bank, Franklin, Ind
i Jan. 31,1888
First National Bank, Hampton, Iowa
Fis
ana
a , G e g ,
First National Bank, Greensburg, Kans Feb. 10,1888
First National Bank, Central City, Nebr. Feb. 11,1888
Duluth National Bank, Duluth, Minn ... Feb. 20,1888
Bismarck National Bank, Bismarck, N.
Dak
Mar. 1 1
,
First National Bank, Ashton, S. Dak
Mar.
Citizens' National Bank, Sioux Falls, S.
Apr. 24,1888
Dak
First National Bank, Stanton, Mich
Apr. 30,1888
First National Bank, Fairmont, Nebr
May 1,1888
First National Bank, Greenleaf, Kans -. - May 9,1888
National Bank Genesee, Batavia, N. Y... May 21,1888
Strong City National Bank, Strong City,
May 26,1888
Kans
Citizens' National Bank, Saginaw, Mich. June 1,1888
Saugerties National Bank, Saugerties,
N:Y.

Circulation.
Capital.

Retired.

Outstanding.

$300, 000
200, 000
50. 000
50, 000
56, 000
'50, 000
50, 000
50, 000
50, 000
300, 000

$39, 580
45, 000
25, 905
35, 018
11,250
11,250
11, 240
10, 710
45, 000

$34, 506
35, 405
23, 880
30, 481
10,095
9,940
10, 325
9,910
38,140

$5, 074
9,595
2, 025
4, 537
1,155
1,310
915
800
6,860

50,000
50,000

11, 250
11, 250

?•; 200

1,050
1,660

50, 000
50, 000
50,000
50, 000
. 75,000

11, 250
11, 250
11, 250
11,250
44, 434

10, 430
9, 950
10, 520
10,540
36, 014

820
1,300
730
710
8,420

50, 000
100, 000

11, 250
45,000

10,190
37,670

125, 000
300,000
100, 000

93,316
74, 730
22,500

77, 905
56,840
18, 450

1,060
7,330
15,411
17,890

280, 000

52,510

40, 990

June 16,1888

Hyde National Bank, Titusville, Pa
June 21,1888
State National Bank, Omaba, Nebr
July 18,1888
Cincinnati National Bank, Cincinnati,
Obio
Aug. 1,1888
First National Bank, Wortbington,
Minn
Sept, 5,1888
South Framingham National Bank,
South Framingham Mass
Sept. 8,1888
Sept. 4,1888
First National Bank, Alameda, Cal
First National Bank, Grass Valley, Cal. Sept. 18,1888
Merchants' National Bank of West VirOct. 4,1888
ginia, Morgan town, W. Va
First National Bank, Cawker City, Kans. Oct. 9,1888
San Diego National Bank, San Diego,
Nov. 7,1888
Cal
National Exchange Bank, Auburn, N. Y Nov. 16,1888
National Bank of Dayton, Wash
Nov. 21,1888
First National Bank, Colby, Kans
....do
First National Bank, Russell Springs,
Kans
....do
First National Bank, Columbia, S. Dak.. Nov. 26,1888
Citizens' National Bank, Kingnian, Kans Dec. 24,1888
Bowery National Bank, New York, N. Y. Jan. 2,1889
Second1 National Bank, Iona, Mich
Jan. 8,1889
First National Bank, Johnstown, N. Y.. Jan. 16,1889
First National Bank, Canandaigua, N. Y. Jan. 26,1889
Pendleton National Bank, Pendleton,
Oregon
Feb. 4,1889
Iowa City National Bank, Iowa City,
Iowa
•
Feb. 7,1889
Fleming County National Bank, Flemingsburg, Ky
Feb. 9,1889
Merchants' National Bank, El Dorado,
Kans
Feb. 26,1889
Merchants' National Bank, Des Moines,
Iowa
Mar. 1,1889
Norwich National Bank, Norwich, Conn Mar. 15,1889
First National Bank, Franklin, Nebr
Mar. 27,1889
Farmers and Mechanics' National Bank,
Buffalo, N.Y
Apr.
First National Bank, Dp Bois City, Pa . Apr.
First National Bank, Cimarron, Kans.. Apr. 27,1889
Traders' National Bank, San Antonio,
Tex
Apr. 29,1889
Merchants' National Bank, Duluth,
Minn
M a y 20,1889
Wright County National Bank, Clarion,
Iowa
«
June 19,1889
National Bank, Lawrence, Kans
June 29,1889




Issued.

* N o circulation.

4,050
11, 520

75,000

16, 875

15,220

100, 000
100, 000
50, 000
110, 000
50, 000

21, 720
27, 000
11, 250

17, 050
21,510
8,940

80, 830
11, 250

63, 340
9,140

1,655
4,670
5,490
2,310
17, 490
2,110

100, 000
200,000
50, 000
50,000

22, 500
97, 520
11,250
11, 250

18, 300
76, 870
8,730
10,190

4,200
20,650
2, 520
1,060

50,000
50, 000
50, 000
250, 000
50, 000
100,000
75, 000

10,690
11, 250
11, 250
217, 710
21,870
86, 590
17,100

9,090
9,975
8,540
171,110
16,284
72, 533

1, 600
1,275
2,710
46v600
5, 586
14,057
6,070

50,000

11,250

200,000

45, 000

50,000

26, 622

100,000

22, 500

100, 000
220,000
60, 000
200, 000
50,000
50,000

22, 500
77,150
13, 000

19,040
17,355
53, 660
11, 444

5,145
23,490
1,556

26,100
11, 250
10,170

19,294
8,970
8,965

2,280
1,205

100,000

22, 500

16,390

6,110

200,000

45,000

37,770

7,230

50, 000
100,000

11,250
49,809

7,990
33, 610

3,260
16,199

11,030
9,230
34,450
19, 999

2,020
10, 550
6,623
3,460

REPORT OF THE COMPTROLLER OF THE CURRENCY.

199

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.

$100,000
National Bank, Le Roy, N. Y
J u n e 29, 1889
50,000
Halstead National Bank, Halstead, Kans - . . . .do . .
250, 000
Farmers' National Bank, Mt. Sterling, Ky J u l y 1, 1889'
50, 000
.do .
First National Bank, Keyport, N. J
50, 000
National Bank, Huntsviile, Ala
July 3, 1889
60. 000
German National Bank, Newton, Kans .. July 19, 1889
50, 000
First National Bank, Clay Center, Nebr.. Aug. 8, 1889
60, 000
Vernon National Bank, Vernon, Tex.* ... Aug. 17, 1889 I
66,000
Butler National Bank, Butler, Mo
Aug. 23, 1889
50, 000
Second National Bank, Lebanon, Tenn .. Sept. 18, 1889
125, 000
National Bank, Kinderhook, N. Y
Oct. 1, 1889
50, 000
First National Bank, Woodstock, 111
Oct. 31, 1889
Farmers and Merchants' National Bank,
Valley City, N. Dak
.•
65,000
Dec, 1,1889
100, 000
Union National Bank, La Crosse, Wis... Dec. 9,1889
Harper County National Bank, Anthony,
50,000
Kans
.".. Dec, 20,1889
Lumberman's National Bank, Williams100, 000
Dec. 31,1889
port, Pa
50, 000
First National Bank, South Haven, Mich. . . . . d o
50, 000
Durango National Bank, Durango, Colo.. Jan. 6,1890
50, 000
Jan. 11,1890
First National Bank, Fox Lake, Wis
50, 000
First National Bank, Ogallala, Nebr
|....do
50,000
First National Bank, Stockton, Kans
j Jan, 15,1890
50, 000
First National Bank, Rulo, Nebr
Jan. 20,1890
50,000
First National Bank, Eagle Grove, Iowa. . . . . d o
100, 000
Toledo National Bank, Toledo, Ohio
Jan. 21,1890
National Exchange Bank, Kansas City,
200, 000
Mo
Jan. 28,1890
60, 000
National Bank, New Castle, Ky
Feb. 4,1890
Plymouth National Bank, Plymouth,
50, 000
Mich
Feb. 25,1890
100, 000
First National Bank, Lockport, N. Y
Feb. 28,1890
Merchants' National Bank, Amsterdam,
100, 000
Mar. 15,1890
N. Y
100, 000
National Bank of Texas, Galveston, Tex. Mar. 19,1890
50, 000
Mar. 27,1890
Bowie National Bank, Bowie, Tex.*
First National Bank, Union Springs,N.Y. Mar. 31,1890 ' 50,000
50, 000
Apr. 18,1890
Ferris National Bank, Swan ton, Vt
100,000
Apr. 19,1890
First National Bank, Rock Island, 111
50, 000
First National Bank, Ketchum, Idaho ... Apr. 28,1890
Winchester National Bank, Winchester,
200, 000
Apr. 29,1890
Ky
50, 000
Apr. 30,1890
First National Bank, Harper, Kans
50,000
First National Bank, Loup City, Nebr... June 21,1890
250,000
June 24,1890
American National Bank, Waco, Tex
Hamilton County National Bank, Web50, 000
June 30,1890
ster City, Iowa
150,000
Planters' National Bank, Henderson, Ky. ....do
100,000
Wakefield National Bank, Wakefield,R.I. July 1,1890
Jewell County National Bank, Mankato,
50,000
July 2,1890
Kans
125,000
A ug. 5,1890
Citizens' National Bank, Flint, Mich
50,000
A u g . 28,1890
N. Village Bank, Bowdoinham, Me
La Fayette National Bank, La Fayette,
300, 000
A u g . 2-9,1890
Ind
200, 000
Lincoln National Bank, Stanford, Ky
Sept. 8,1890
Canastota National Bank, Canastota,
55, 000
Sept. 25,1890
NY
50,000
First National Bank, Whitehall, Mich .. Sept. 30,1890
Meade County National Bank, Meade
Oct. 6,1890
50, 000
Center, Kans
Farmers' National Bank, South Charles- !
50, 000
ton, Ohio
! Oct. 15,1890
300, 000
First National Bank, Columbus, Ohio...
do
Commercial National Bank, St. Paul, J
500, 000
Minn
\ Oct. 27,1890
German American National Bank, Kan- i
D e c ' 5,1890
250,000 I
sas City, Mo
Dec. 20,1890
50, 000
First National Bank, Hill City, Kans
100, 000
First National Bank, Frankfort, Kans .. Jan. 8,1891
Jan. 13,1891
60, 000
Second National Bank, Owosso, Mich
100, 000
"WestSide National Bank, Wichita, Kans. ....do
Anthony National Bank, Anthony, Kans. ....do.......
50, 000
Commercial National Bank, Rochester,
Jan. 27,1891
200,000
N. y
*No circulation.



Issued.

Retired. Outstanding.

$22,500 i
11,250 !
195. 680
1L250
44,900
13, 500
11,250

$17, 360
9, 630
130, 640
9, 740
26, 052
9, 530
9,420

$5,140
1, 620
65,040
1, 510
18,848
3, 970
1,830

14, 850
11, 250
78, 220
27, 000

10, 585
7,120
61, 461
19,900

4,130
16, 759
7,100

14, 630
22, 500
11,250 j

10, 510
16, 510

4,120
5,990

32,580
11, 250
11,250
48, 005
11, 250
11, 250
30,360
11, 250
35,920

21,250 I
7,471
11,250 I.
32, 844 I
7,770 i
'8,430 j
18,770 |
8,600 !
20, 625

11, 330
3,779

45, 000
17, 670

27,120
11, 210 I

17, 880
6,460

11. 250
28,573

8,345
16,600

2,905
11,973

32,680
37, 487

26, 000
22,921

14, 566

15, 805
11, 240
24, 654
11,250

9,481
11, 240
14,602
8,230

10,052
3,020

45,000
11, 250
11,250
45,000

28, 600
6,930
7,590
29, 400

16,400
4,320
3,660
15, 600

11,250
33, 750
59, 249

7,190
18, 690
38,166

4,060
15, 060
21,083

11,250
32, 641
35, 748

8,020
18, 283
21,140

3,230
14,358
14, 608

64, 033
45,000

32,711
25,500

31, 322
19,500

55, 927
11,250

37,173
5,580

18,754
5,670

11, 250

6,110

5,140

11,710
220r 465

7,490
129, 205

4,220
91,260

45,000

25, 770

19,230

45,000
10, 750
22,500
13,500
22, 500
10, 750

23, 380
6,470
12, 570
8,000
11,830
4,900

21,620
4,280
9,930
5,440
10, 670
5,850

41,820

22,260

19,560

7,570 i

15, 761
3,480
2, 820
11,590
2,650
15, 295

6,324

200

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'tL.
Circulation*
Name and location of bank.

Date of
liquidation.

Capital.

Mercantile National Bank, Louisiana,
$50, 000
Mo
Jan. 27,1891
50,000
National Bank, El Dorado, Kans
Feb. 9,1891
Feb. 12,1891
50, 000
First National Bank, Suffolk, Va
Citizens' National Bank, Medicine Lodge,
Feb. 19,1891
50,000
Kans
Feb. 23,1891
100, 000
Rome National Bank, Rome, Ga
50, 000
Windsor National Bank, Windsor, V t . . Feb. 24,1891
Beadle County National Bank, Huron,
50,000
Feb. 26,1891
S.Dak
American National Bank, Sioux City,
Mar. 12,1891
150, 000
Iowa
United States National Bank, Atchison,
250,000
Mar. 24,1891
Kans
Apr. 15,1891
50,000
First National Bank, Ashland, Kans
Washington National Bank, New York,
300,000
Apr. 13,1891
N.Y.
50,000
First National Bank, Burr Oak, Kans... May 15,1891
Glenwood National Bank, Glenwood
100,000
May 23,1891
Springs, Colo
50,000
May 25,1891
First National Bank, Cardiff, Tenn
East Saginaw National Bank, East Sag150,000
June 23,1891
inaw, Mich
Twin City National Bank, New Brigh50,000
ton, Minn
..do
Merchants' National Bank, Bingham100, 000
June 25,1891
ton, N.Y
June 30,1891
First National Bank, Merced, Cal
200,000
National Bank of Union County, Mor100,000
ganfleld, Ky
.do
Citizens' National Bank, Belton, Texas.. July 1,1891
50,000
Citizens' National Bank, Gatesville.
50,000
Texas
....do
50,000
Ord National Bank, Ord, Nebr .
Aug. 22,1891
50,000
Firft National Bank, Indianola, Nebr... Aug. 31,1891
50,000
National Bank, Anderson, S. C
Sept. 1,1891
50,000
First National Bank, Flushing, Mich . . . Sept. 21,1891
100,000
First National Bank, Francestown, N. H Oct. 10,1891
Columbus' National Bank, New York,
200,000
Oct. 15,1891
N.Y
60,000
Citizens' National Bank, Colorado, Tex. Nov. 3,1891
50, 000
Dec. 1,1891
First National Bank, La Grange, Ga
300,000
Produce NationalBank, Philadelphia, Pa. Dec. 8,1891
Merchants' National Bank, Kansas City,
1,000,000
Dec. 22,1891
Mo
50,000
First National Bank, Manitowoc, Wis... Dec. 26,1891
50,000
Dec. 28,1891
First National Bank, Fairlield, Tex
Commonwealth National Bank, Phila208,000
Dec. 31,1891
delphia, Pa
Merchants' National Bank, Fort Dodge,
100,000
....do....
Iowa
100,000
Jan, 12,1892
Giles National Bank, Pulaski, Tenn
50,000
....do
First National Bank, Quanah, Tex
Northwestern National Bank, Aberdeen,
Jan. 15,1892
100, 000
S.Dak
50,000
Castleton National Bank, Castleton, Vt. Jan. 22,1892
First National Bank, Chamberlain, S.
6,1892
50,000
Feb,
Dak
50, 000
Feb. 9,1892
Sedan National Bank, Sedan, Kans
Bronson National Bank, Painted Post,
Feb. 29,1892
50, 000
N.Y
50,000
First National Bank, Ainsworth, Nebr. Mar. 3,1892
Mar. 4,1892
50, 000
First National Bank, Leoti, Kans
Mar. 9,1892
50, 000
First National Bank, Blaine, Wash
Erath County National Bank, StephenMar. 15,1892
50, 000
ville, Tex
American National Bank, Birmingham,
Mar. 22,1892
250,000
Ala
7
do
50, 000
First National Bank, Wilber, Nebr
50, 000
First National Bank, Greenville, Mich. Mar. 28,1892
National Exchange Bank, Columbus,
Apr. 1,1892
100, 000
Ohio
100,000
Citizens' National Bank, Roanoke, Va.. Apr. 4,1892
Inter-State National Bank,New York,
Apr. 15,1892
200, 000
N. Y
50, 000
First National Bank, Platte City, Mo... Apr. 25,1892
Apr. 30,1892
50,000
First National Bank. Jetmore, Kans




Issued.

Retired. Outstanding.

$11, 250
10, 745
11, 250

$5,260
6,015
5,890

$5,990
4,730
5,360

11, 250
22, 500
22, 500

6,028
12, 250
12, 040

5, 222
10, 250
10,460

22,500

9,720

12,780

33, 750

18,130

15,620

45,000
13,250

21,190
5,890

23, 810
5,360

45,000
11, 250

24, 500
5, 540

20,500
5,710

22, 500
11,250

10,440
4,330

12,060
6,920

33,750

12,8%0

20,900

11,250

3,470

7,780

61, 638

24,445

37,193

43,400
88,090

19,300
35,650

24,100
52,440

10,750
11,250
11,250
11,250
14,050
11,250
61,135

3,700
4,080
3,980
4,215
5,090
4,110
23,470

7,050
7,170
7,270
7,035
8,960
7,140
37,665

45, 000
13, 500
11,700
45,000

26, 850
10,030
5,660
16, 240

18,150
3,470
6,040
28, 760

45,000
14, 816
11,250

10,010
3,010
3,200

34, 990
11,806
8,050

65,480

19, 620

45,860

22, 500
22, 500
11,250

5,010
4,662
2,550

17,490
17,838
8,700

22,500
14,630

6,030
3,000

16,470
11,630

11, 250
11, 250

3,170
2,470

8,080
8,780

22, 500
11,250
10,250
11,250

5,660
2,160
3,680
5,050

16.840
9,090
6,570
6,200

11,250

2,350

8,900

45, 000
13,000
11, 250

14,530
2,060
2,775

30,470
10,940
8, 475

50,670
21,700
45, 000
11, 250
11,250

9,960
3,920

40,710
17, 780
35,020
9,700
9,470

9,980
1,550
1,780

REPORT OF THE COMPTROLLER OF THE CURRENCY.

201

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—ContM.

Name and location of bank.

Date of
liquidation.

Tampa National Bank, Tampa, Fla
May 2,1892
Birmingham National Bank, Birmingham, Ala
....do
First National Bank, Stafford, Kans
National Bank of Commerce, Hutchin- June 15,1892
son, Kans
do
First National Bank, Grafton, Mass
June 21,1892
First National Bank, Dorchester, Nebr.. July i
ily 5,1892
First National Bank, Salina, Kans
.do .
Lincoln National Bank, Lincoln, Nebr... July 12,1892
First National Bank, Aurora, Mo
July 22,1892
Farmers' and Traders' National Bank,
Oskaloosa, Iowa
July 30,1892
First National Bank, San Luis Obispo,
A u g . 27,1892
Cal
First National Bank, De Smet, S. Dak ... Sept. 14,1892
Merchants' National Bank, ChattaSept. 24,1892
nooga, Tenn
National Bank of the Republic, Tacoma,
Oct. 1,1892
Wash
Total.




Circulation.
Capital.

Issued.

Eetired.

Outstanding.

$50,000

$11, 250

$1,800

$9,450

250, 000
50,000

45, 000
11,250

13, 600
1,320

31,400
9,930

100, 000
100, 000
50,000
150, 000
100,000
50, 000

22, 500
25,102
11,250
38, 750
22, 500
11, 250

2,800
2, 641
1,060
2, 090
2, 320

19, 700
22, 461
10,190
31, 660
20,180
11, 250

100,000

22,500

1,650

20,850

150,000
50, 000

33,750
11,250

1, 350
450

32, 400
10, 800

250,000

45,000

1,170

43,830

200, 000

45, 000

45, 000

80, 978, 010 42, 909, 599 39, 630, 838 3, 278, 761

202

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS I N 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 K D , AND O U T -

STANDING, SUCCEEDED BY ASSOCIATIONS WITH THE SAME OR DIFFERENT TITLE,
OCTOBER 31,

1892.

Name and location of bank.

Pate of
liquidation.

, Circulation.
Capital.

Issued.

First National Bank, Kittanning, Pa
$200,000
$199,500
July 2,1882
National Bank of Beaver County, New
Brighton, Pa»
,
Nov. 12,1884
200,000
97, 300
National Bank, Beaver Dam, Wis
Dec. 24,1884
50,000
41,100
Merchants' National Bank, Cleveland,
Oh io
Dec. 27,1884
800, 000
228,100
Union National Bank, Chicago, 111
Dec. 29,1884 1 000,000
62, 800
First National Bank, Le Roy, N. Y
150,000
135, 0U0
Jan. 2,1885
Evansville National Bank, Evansville,
Ind
543, 050
Jan. 3,1885
800, 000
National Albany Exchange Bank, Al243, 900
bany, N.Y
Jan. 10,1885
300, 000
t
55, 900
National Bank, Galena, 111
Jan. 11,1885
100, 000
117, 000
National State Bank, Lafayette, Ind
Jan. 16,1885
300, 000
43, 600
First National Bank, Knoxville, 111
60, 000
....do
87,400
100, 000
Farmers' National Bank, Ripley, Ohio... Jan. 17.1885
45, 000
300, 000
City National Bank, Grand Rapids,Mich. Jan. 21,1885
41, 500
100, 000
Lee County National Bank, Dixon, 111... ....do
Fort Wayne National Bank, Fort Wayne,
257, 300
Ind
Jan. 25,1885
350, 000
50, 500
123, 000
National Exchange Bank, Tiffin, Ohio ... Mar. 1,1885
65,900
Mar. 9,1885
200,000
National Bank, Malone, N. Y
Jefferson National Bank, Steubenville,
132, 600
Mar. 21,1885
Ohio
150, 000
89, 200
First National Bank, Battle Creek, Mich. Mar. 28,1885
100, 000
180, 000
....do
Central National Bank, Danville, Ky
200, 000
Knox County National Bank, Mount
53,200
Apr. 1,1885
Vernon, Ohio
75,000
45, 000
First National Bank, Houghton, Mich... Apr. 18,1885
100, 000
88,900
Apr. 22,1885
National Bank, Fort Edward, N. Y
100,000
86,100
May 4,1885
National Bank, Salem, N. Y
100, 000
National Exchange Bank, Seneca Falls,
88,400
May 6,1885
100,000
N.Y
:
1 J u l y 5,1885
132,400
150,000
Trumbull National Bank, Warren, Ohio.
Attleboro National Bank, North Attle- J u l y 17,1885
84, 300
100,000
boro, Mass
251, 500
July 24,1885
400, 000
American National Bank, Detroit, Mich. Aug. 12,1885
111, 500
125, 000
First National Bank, Paris, 111
21,000
Aug. 14,1885
50,000
First National Bank, St. Johns, Mich
43, 000
Sept. 1.18^5
100,000
Second National Bank, Pontiao, Mich ... Sept. 5; 1885
123, 900
400,000
Raleigh National Bank, Raleigh, N. C ..- Sept. 22,1885
130, 500
150, 000
First National Bank, Danville, Ky
57, 763
Jan. 1,1889
400, 000
Ohio National Bank, Cleveland, Ohio
45, 000
Apr. 7,1889
100,000
National Bank, Lebanon, Ky
Monmouth. National Bank, Monmouth, Aug. 18,1890
21,800
100, 000
111
Muskegon National Bank, Muskegon, A u g . 27,1890
21,720
100, 000
Mich
66, 979
Oct. 3,1890
250,000
First National Bank, Richmond, Ky
57, 480
Oct. 15.1890
135, 000
First National Bank, Port Huron, Mich Jan. 23,1891
45, 000
200, 000
Tin ion National Bank, Oshkosh, Wis
45, 000
June 5,1891
200, 000
First National Bank, Grand Haven, Mich. Nov. 14,1891
45, 000
50,000
First National Bank, Plymouth, Mich... Nov. 29,1891
48,510
53, 900
National Bank of Wooster, Ohio
22, 500
Dec. 7,1891
100, 000
Defiance National Bank, Defiance, Ohio . Mar. 23,1892
11,250
50, 000
First National Bank, New London, Ohio. Apr. 27,1892
15, 750
70, 000
Citizens' National Bank, Mankato, Minn. Sept. 19,1892
45, 000
200, 000
Third National Bank, Sandusky, Ohio... Oct. 15,1892
22, 500
100, 000
Third National Bank, Urbana, Ohio
Total
9, 643,900 4, 547,602




Retired.

Outstanding.

$190,440

$9, 060

89, 346
38, 799

7, 954
2,301

202. 759
47, 9.5
125,421

25,341
14, 8:55
9, 579

482,429

60, 621

227, 050
50, 543
100,538
40, 744
79, 201
40, 383
37,908

16,850
5, 357
16,462
2,856
8,199
4,617
3,592

236, 580
43,689
58,168

20, 720
6,811
7,732

121,652
77, 470
162, 974

10, 948
11, 730
17,026

47, 670
39, 227
80,796
79, 938

5,530
'5,773
8,104
6,162

82, 974
119,490
78,302
231,625
99,802
18,490
39,033
106, 287
115,976
42, 245
35, 326

5,426
12, 910
5,998
19, 875
11, 698
2, 510
3, 967
17, 613
14, 524
15, 518
9,674

10,420

11,380

12, 985
35,409
32,146
42, 960
19, 883
12,173
12,016
6,239
2,918
2,483
1,050

8,735
31, 570
25, 334
2,040
25,117
32, 827
36, 494
16, 261
8, 332
13,267
43, 950
22, 500

3, 861, 922

685. G80

REPORT OF THE COMPTROLLER OF THE CURRENCY.

203

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, 1892.
Circulation.
Name and location of bank.

Pate of
liquidation.

Oct. 30,1880
First National Bank, Bondout, N. Y
First National Bank, Huntingdon, Ind .. Jan- 31,1881
First National Bank, Indianapolis, Ind.. July 5,1881
Apr. 24,1882
First National Bank, Valparaiso, Ind
First National Bank, Stillwater, Minn . . Apr. 29,1882
.do .
First National Bank, Chicago, 111
First National Bank, Woodstock, 111.... Apr. 30,1882
Second National Bank, Cincinnati, Ohio. Apr. 28,1882
do
Second National Bank, New York, N. Y .
First National Bank, Portsmouth, N. H . Apr. 29,1882
May 5,1882
First National Bank, Richmond, Ind
Second National Bank, Cleveland, Ohio . May 6,1882
First National Bank, New Haven, Conn.
.do .
May 2,1882
First National Bank, Akron, Ohio
First National Bank, Worcester, Mass .. May 4,1882
May 9,1882
First National Bank, Barre, Mass
do
First National Bank, Davenport, Iowa ..
First National Bank, Kendallville, Ind.. May 12,1882
First National Bank, Cleveland, Ohio . . . May 13,1882
First National Bank, Youngstown, Ohio May 15,1882
.do .
First National Bank, Evansville, Ind
.do .
First National Bank, Salem, Ohio.
May 18,1882
First National Bank, Scranton, Pa
'do'.
First National Bank, Centreville, Ind . . .
First National Bank, Fort Wayne, Ind.. May 22,1882
....do
First National Bank, Strasburg, Pa
May 27,1882
First National Bank, Marietta, Pa
May 31,1882
First National Bank, Lafayette, Ind
First National Bank, McConnelsville,
..do .
Ohio
.do .
First National Bank, Milwaukee, Wis ..
May 31,1882
Second National Bank, Akron, Ohio
First National Bank, Ann Arbor, Mich.. June 1,1882
....do
First National Bank, Geneva, Ohio
....do
First National Bank, Oberlin, Ohio
First National Bank, Philadelphia, P a . . . June 10,1882
....do
First National Bank, Troy, Ohio
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
j June 17,1882
First National Bank, Wilkesbarre, Pa . . . June 20,1882
First National Bank, Iowa City, Iowa... June 24,1882
City,
....do
First National Bank, Nash ua, N. H
.do.
First National Bank, Johnstown, Pa .
June 29,1882
First National Bank, Pittsburg, Pa
First National Bank, Terre Haute, Ind.. ....do
First National Bank, Hollidaysburg, Pa. June 30,1882
....do
'..
First National Bank, Bath, Me
"
....do
First National Bank, Janesville, Wis
First National Bank, Michigan" City, Ind. ....do
First National Bank, Monmouth, 111
July 3,1882
July 11,1882
First National Bank, Marion, Iowa
First National Bank, Marlboro, Mass . . . Aug. 3,1882
National Bank of Stanford, Ky
1 Oct. 3,1882
First National Bank, Sandusky, Ohio.... Oct. 6.1882
First National Bank, Sandy Hill, N. Y . . . Dec. 31,1882
First National Bank, Lawrenceburg, Ind Feb. 24,1883
First National ank, Cambridge, Ohio . . . . . . d o
....do
First National Bank, Oshkosh, Wis
First Nationsil Bank, Grand Rapids, Mich . . . . d o
....do
First National Bank, Delphos, Ohio
....do
First National Bank, Freeport. Ill
....do
First National Bank, Elyria, Ohio
First National Bank, Troy, N. Y
....do
....do
Second National Bank, Detroit, Mich
....do
Second National Bank, Peoria, 111
National Fort Plain Bank, Fort Plain,
....do....
N.Y
Logansport National Bank, Logansport,
Dec. 1,1883
Ind
National Bank of Birmingham, Ala
May 14,1884
June 1,1884
First National Bank, Westfield, N. Y
First NationalBank, Independence, Iowa Oct. 31,1884




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

$270.000
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

$258,741
86, 980
261,157
43, 244
80, 855
81,993
43, 310
171, 3.15
363, 435
274,196
81,248
486, 265
343,935
108, 052
243, 558
129, 286
41, 810
86, 420
252,452
428, 376
422, 840
105, 920
40,560
61,319
39, 706
76, 037
94,570
164, 986

$11,259
3,020
18,091
1,756
2,601
8,007
1,690
8,685
13.455
11, 804
6,152
24, 535
11, 375
6,770
8,442
5,714
3,190
3,580
14, 010
13,153
20,030
4,620
4,440
3,206
5,294
3,163
4,430
10, 074

50, 000
200,000
100,000
100, 000
100, 000
50, 000
1,000,000
200,000
800, 000
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
400, 000
50, 000
100. 000
100, 000
300, 00
1,000, 000
100, 000

84, 640
229,170
102, 706
85, 078
90,000
58, 382
799, 800
180, 000
609, 500
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,Q00
135, 000
90, 000
45, 000
90, 000
80,800
47, 800
155, 900
45, 000
53. 500
90. 000
229, 550
363, 700
90,000

80,563
219,872
98, 307
80, 794
85, 350
54, 699
753,400
172, 723
582, 000
42, 059
85,138
326, 218
322, 235
85, 465
85,240
51, 645
572, 435
133, 508
43, 435
171, 822
116, 310
43, 922
43,344
43, 025
173, 086
130,196
84,985
42, 648
86,170
77,178
45,760
150,030
41,931
51, 058
85, 874
219,216
342,650
82, 738

4,077
9,298
4,399
4,284
4,650
3,683
46, 400
7,277
27. 500
2, 941
4,862
10,127
15,265
2, 935
4,760
2,355
21, 565
8,067
1, 565
8,178
4, 740
1,078
1, 656
1,975
6,914
4,804
5,015
2,352
3,830
3,622
2,040
5,870
3,069
2,4.42
4,126
10, 334
21,050
7,262

200, 000

174,300

166, 701

7,599

100, 000
50, 000
50. 000

16,850
45, 000
42, 800
90,000

15, 080
43, 287
39, 452
84,780

1,770
1,713

ioo;ooo

3,348
6,220

204

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.
Circulation.
Name and location of bank.

Date of
liquidation.

First National Bank, Stureis, Mich
National Bank, Kutland, Vt
Kent National Bank, Chestertown, M d . .
National Fulton County Bank, Grloversville 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, PolandJN. Y
Sandy River National Bank, Farmington T Ti
Vf
Second National Bank, Aurora, 111
Indiana National Bank, Lafayette, Ind..

Dec. 31,1884
Jan. 13,1885
Feb. 12,1885

$50,000
500, 000
50,000

$43, 850
238, 700
18,200

$41,256
218, 989
16, 500

$2,594
19,711
1,700

Feb. 20,1885
Feb. 25,1885
Feb. 28,1885
Mar. 31,1885
June 20,1885
June 30,1885
Dec. 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

125, 840
64, 890
27, 923
82, 684
13, 900
111,200
31, 831
9,280
9,910

9,160
5,710
2,677
6,471
750
11, 300
13,169
2,960
3,590

Nov. 1,1890
July 13,1891
Nov. 30,1891

75,000
100,000
100, 000

58,260
22,500
90, 000

30,402
7,070
20, 573

27, 858
15,430
69,427

18,145, 000 12, 672, 213 11, 941,143

731, 070

Total




Capital.

Issued.

Retired. Outstanding.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

205

NATIONAL BANKS IN LIQUIDATION UNDER SECTION 1, ACT JULY 12, 1882, WITH DATE
OF EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND OUTSTANDING
OCTOBER 31, 1892.

Name and location of bank.

Date of
liquidation.

Circulation.
Capital.
Issued.

Retired.

Outstanding.

Dec. 31,1881
First National Bank, Pontiae, Mich
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, 111
do
First National Bank, Elmira, N. Y
do
First National Bank, Chittenango, N.Y
do ...
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
I Oct. 28,1884
Citizens' National Bank, Indianapolis,
Nov. 11,1884
Ind.
First National Bank, North East, Pa
Dec. 23,1884
First National Bank, Galva, 111
Jan. 2,1885
First National Bank, Thorntown, Ind... Jan. 13,1885
Muncie National Bank, Muncie, Ind
Jan. 28,1885
Mercbants' National Bank, Evansville,
Feb. 6,1885
Ind.
Saybrook National Bank, Essex, Conn... Feb. 20,1885
Mar. 7,1885
Union National Bank, Albany, N. Y
Battenkill National Bank, Manchester,
Mar. 21,1885
Vt
Apr. 14,1885
First National Bank, Owosso, Mich
Coventry National Bank, Anthony, K. I . . Apr. 17,1885
May 23,1885
State National Bank, Keokuk, Iowa
Tolland Gounty National Bank, Tolland,
June 6,1885
Conn .
City National Bank, Hartford, Conn
June 9,1885
"West River National Bank, Jamaica, Vt. Aug. 17,1885
National Bank of Lebanon, Tenn .
Aug. 30,1886
Greene County National Bank, Springfield,Mo
Feb. 8,1888

$50,000
100,000
100, 000
300, 000
100, 000
120, 000
100, 000
100,000150, 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,: 00
244,400
44,200
67,500
50,400

$84,958
81,934
85,630
250, 361
86.575
102,8n 0
41,549
85, 730
130, 405
40, 6P5
232, 780
4i,9::6
63,435
47,528

$3,932
3, 631
4,370
12, 580
3,425
5,110
3,451
4,270
4,595
3,605
11,620
2, 264
4,065
2,872

300,
50,
50,
50,
200,

87,
24,
36,
43,
161,

800
550
000
740
000

75,366
22, 420
32. 986
39, 670
149,390

12,434
2,130
3,014
4,070
ll, 610

250, 000
] 00, 000
250,000

90, 800
61, 200
144,400

79, 358
57,400
135,025

11,442
3,800
9,375

75, 000
60,000
100. 000
150, 000

57, 700
47, 700
89, 000
45,000

53,221
44, 337
82, 768
39,175

100, 000
550,000
60,000
50,000

44,100
90,000
54,000
24,550

40, 023
78, 262
50, 340
21,280

4,479
3, 363
6, 2.J2
5,825
4,077
11,738
3,660
3,270

100,

000

22,500

17,345

5,155

cago, 111
| Feb. 29.1888
First National Bank, Decatur, Mich
j Sept. 20,1890
First National Bank, Mason, Mich
! Oct. 28,1890
First National Bank, Holly, Mich
Oct. 31,1890
German National Bank, Evansville, Ind.i Dec. 24,1890
Farmers and Merchants' National Bank, ;
Vandalia, 111
Jan. 10,1891
National Bank of Chester, S. C
Mar. 2,1891
First National Bank, Burlington, W i s . . . Dec. 19,1891
Lansing National Bank, Lansing, Mich.. j Mar. 5,1892
Ash tabula National Bank, Ashtabula, i
Ohio
July 11,1892
Second National Bank, New Mexico,
St F NM
July 17,1892
Santa Fe, N. M

500,
50,
50,
60,
250,

000
000
000
000
000

45,000
11,250
13, 500
24, 950
98,030

36, 363
5/895
7,135
13, 623
65, 870

8,637
5,355
6,365
11, 327
32,160

100,000
100,000
50, 000
185, 600

22, 500
33, 250
10, 750
36,700

9,840
17,150
2,481
5,980

12,660
16,100
8, 269
30,720

80, 000

67, 850

4,700

63,150

150, 000

33, 750

2,492

31, 258

2, 569, 301

401,465

Union Stock Yards National Bank, Chi- ;

Total




000
000
000
000
000

5, 721, 600

2, 970,

766

206

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NATIONAL BANKS THAT HAVE BEEN PLACED IN THE HANDS OP RECEIVERS,
AT DATE OF FAILURE, CAUSE OF FAILURE, DIVIDENDS PAID WHILE SOLVENT,
REDEEM CIRCULATION, THE AMOUNT REDEEMED, 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 . . . ,
Venango National Bank, Franklin, Pa
Merchants' National Bank, Washington, I). C.
First National Bank, Medina, N. T ...
Tennessee National Bank, Memphis,
Tenn.
First National Bank, Selma, Ala
First National Bank, New Orleans,
La.
National Unadilla Bank, TJnadilla,
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, Mi^s....
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.
N.Y.
First National Bank, Fort Smith, Ark.
Scandinavian National Bank, Chica-

Surplus.

Date.

Capital.

199

Jan. 14,1864
May 20,1865
Dec. 14,1864.

$50, 000
300, 000
• 200,000

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
June 5,1865

300, 000

Sept. 9,1865

200, 000

May 15,1865
80 Sept. 9,1863
803 Feb. 14,1865
429 May 20,1864
1331 J u n e 23,1865

60, 000
50, 000
50,000
50, 000
155,000

Per

150, 000

1223

1141

1232

Mar. 13,1869

Is

IS

2, 236

$7, 500

4.9

421, 052

465

J u n e 6,1865 1,000,000

1691

Amount.

42.1

250, 000

384

Apr. 16,1864

250, 000

286

Feb. 26,1864

100, 000

1192

May 29,1865

106,100

1631

Feb. 6,1866

50, 000

1978

May 7,1872

250, 000

140, 000
9,424

Walikill National Bank, Middletown,
NY
175, 000
1473 J u l y 21,1865
Crescent City National Bank, New
Orleans, La
500, 000
1937 Feb. 15,1872
Atlantic National Bank, New York,
300, 000 59, 472
N.Y
1388 J u l y 1,1865
First National Bank, Washington,
500,000
DC
26 J u l y 16,1863
National Bank of the Commonwealth,
750, 000
New York,N.Y
1372 J u l y 1,1865
Merchants' National Bank, Peters140, 000
burg, Va
1548 Sept. 1,1865
120, 000
First National Bank, Petersburg, Ya. 1378 J u l y 1,1865
100, 000
First National Bank, Mansfield, Ohio. 436 May 24,1864
New Orleans National Banking As600, 000
sociation, New Orleans, La
1825 May 27,1871
50,000
First National Bank, Carlisle, Pa
21 J u n e 29,1863
50, 000
First National Bank, Anderson, Ind..
44 July 31,1863
Aug. 23,1866
50, 000
First National Bank, Topeka, Kans -. 1660
First National Bank, Norfolk, Va ..., 271 Feb. 23,1864
100,000
Gibson County National Bank,
Princeton, Ind
, 2066 Nov. 30,1872
50,000
First National Bank of Utah, Salt
Lake City, Utah
1695 Nov. 15,1869
100, 000
Cook County National Bank, Chicago,
300, 000
111
?... 1845 J u l y 8,1871
100,000
First National Bank, Tiffin, Ohio
900 Mar. 16,1865
Charlottesville National Bank, CharJ u l y 19,1865
100,000
lottesville, Va
Miners' National Bank, Georgetown,
150, 000
Colo
2199 Oct. 30,1874
Fourth National Bank, Chicago, 111.*. 276 Feb. 24,1864
100, 000
50,000
First National Bank, Bedford, Iowa .. 2298 Sept. 18,1875
* Formerly in voluntary liquidation.



24, 403
18, 000
103, 250
25,000
183, 000

61

805, 000 161
429,250

57.2
134,200 95.9
97, 770 81.5
102,666 102. 6
108,000
42, 000
31,150
46, 000
90,500
6,000

125,000
53, 333
108, 279

18
84
62.3
92

90.5
12.
125

17.
108.2
149,2-15 149.2
4,500
3
184, 008 184

REPORT OF THE COMPTROLLER OF THE CURRENCY.

207

TOGETHER WITH THEIR CAPITAL AND SURPLUS AT BATE OF ORGANIZATION AND
CIRCULATION ISSUED, LAWFUL MONEY DEPOSITED WITH THE TREASURER TO
ON OCTOBER 31, 1892.

Failures.

Circulation.
Lawful
money deposited.

Capital.

Surplus.

Keceiver ap- Cause
of
pointed. failure.

Issued.

Redeemed. Outstanding.

$50,000
300,000
200, 000

W
TJ
TJ

$44,000
85. 000
180,000

$44,000
85, 000
180, 000

$43, 757
84, 784
179,364

$243
216
636

1
2
3

50, 000
100,000

$2, 288 Mar. 13,1867
20,435 Mar. 21,1867

T
Y

40, 000
90, 000

40,000
90,000

39, 756
89, 728

244
272

4
5

100,000
500, 000

4,788 Apr. 30,1867
37, 903 May 20,1867

B
Q

85, 000
180, 000

85,000
180, 000

84, 591
178,866

409
1,134

6
7

120,000
.

Apr. 14,1865
May 1,1866
May 8,1866

Ang. 20,1867

w

100, 000-

100, 000

99, 800

200

g

300,000

32,000 Sept. 6,1867

TJ

253,900

253,900

252,837

1,063

9

Oct.

G

180, 000

180, 000

179, 671

329

10

26,
90,
25.
45,
129,

300
000
500
000
700

26, 300
90, 000
25,500
45,000
129,700

26,135
89, 654
25, 433
44,718
128, 702

165
346
67
282
998

11
12
13
14
15

800, 000

800,000

792,867

7,133

16

50,000

50, 000

49, 742

258

Yl

243, 393

243, 393

241,016

2,377

18

200, 000
60,
101),
50,
50,
250,

000
(J00
K)0
000
000

4,610
20, 000
5, 000
1, 400
5,580

1,1867

.Feb. 28,1868
Mar. 3,1868
Apr. 24,1868
Mar. 15,1869
Oct. 14,1869

1, 000, 000

150, 000 Dec. 13,1871

B
TJ
Y

200,000

Dec. 15,1871

XJ

do

250, 000

40, 000

200, 000

33, 905 Dec. 20,1871

U

179, 000

179,000

177,780

1,220

19

106, 100

27,139 Apr. 23,1872

U

71, 000

71, 000

70, 093

907

20

50,000

2,509 May 2,1872

Y

45, 000

45,000

44, 525

475

21

250, 000

Dec. 12,1872

B

135,000

135,000

134, 650

350

22

175, 000

17,000 Dec. 31,1872

B

118, 900

118, 900

117, 724

1,176

23

500,000

3,045 Mar. 18,1873

M

450, 000

450,000

447,890

2,110

24

300, 000

56, 000 Apr. 28,1873

A

100,000

100, 000

98,835

1,165

25

500, 000

108,000 Sept. 19,1873

M

450; 000

450, 000

442, 629

7,371

26

750,000

56, 027 Sept. 22,1873

V

234,000

234,000

230,768

3,232

27

400,000
200, 000
100, 000

18,302 Sept. 25,1873
11, 801
do
16,000 Oct 18,1873

R
R
P

360,000
179, 200
90,000

360, 000
179,200
90, 000

356, 320
176,910
88, 887

3,680
> 2,290
1,113

28
29
30

600. 000
50, 000
50,000
100, 000
100, 000

14,161
25,0;)0
23,839
7, 000
3,000

360, 000
45, 000
45,000
90. 000
95,000

360, 000
45, 000
45,000
90. 000
95,000

355, 000
44,415
44.180
88, 883
93, 570

5,000
585
820
1,117
1,430

31
32
33
34
35

43,800

43,800

43,480

320

36

Oct. 23,1873
Oct. 24,1873
Nov. 23,1873
Dec. 16.1873
June 3,1874

50, 000

1,000 Nov. 28,1874

W
U
Y
p
G
X

150, 000

18,719 Dec. 10,1874

Y

118,191

118,191

117,123

1,068

37

500. 000
100, 000

80. 000 Feb. 1,1875
20, 000 Oct. 22,1875

Y
E

285,100
45, 000

285,100
45,000

283,143
43, 962

1,957
1,038

B8
39

200, 000

22, 254 Oct. 28,1875

U

146, 585

146,585

144, 355

2,230

40

150, 000
200, 000
30,000

Jan. 24,1876
Feb. 1,1876
: . ; . . . ...do

Y
Y
•ff

45,000
85, 701)
27,000

45,000
85 700

44,610
82 836
26! 730

390
2, 864
270

41
42

968




271000

43

208

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.

Organization.
Name and location of bank.

Charter
number.

87
89

92

96

First National Bank, Osceola, Iowa... 1776
First National Bank, Dnluth, Minn... 1954
First National Bank, La Croase, Wis.. 1313
818
City National Bank. Chicago. Ill
Watkins National Bank, VVatkins. N. Y 456
First National Bank. Wichita. Kans .. 1913
First National Bank. Green Held, Ohio* 101
971
National Bank of Fishkill. N. Y
50
First National Bank. Franklin. Ind...
Northumberland County National 689
Bank, Shamokin. Pa.
First National Bank. Winchester. Ill . 1484
National ExhangeBank, Minneapolis, 719
Minn.
National Bank of the State of Mis- 1665
souri, St. Louis, Mo.
1949
First National Bank, Delphi, Ind
First National Bank. Georgetown. Colo 1991
Lock Haven National Bank, Lock 1273
Haven, Pa.
236
Third National Bank. Chicago, 111
Central National Bank. Chicago, 111... 2047
First National Bank, Kansas City, Mo. 1612
Commercial National Bank, Kansas 1995
City. Mo.
First National Bank, Ashland, Pa.*... 403
First National Bank. Tarrytown, N. Y* 364
First National Bank, Allentown, Pa.*. 161
First National Bank, Waynesburg, 305
Pa.*
Washington County National Bank,
1266
Greenwich, N. Y
2157
First N ational Bank, Dallas, Tex
People's National Bank, Helena, Mont. 2105
First National Bank, Bozeman, Mont.. 2027
Merchants' National Bank, Fort Scott,
Kans. *
1927
Farmers' National Bank, Platte City,
Mo
2356
First National Bank, Warrensburg,
Mo
1856
German American National Bank,
Washington, D. C
2358
German National Bank, Chicago, 111.*. 1734
Commercial National Bank, Saratoga
Springs, N. Y
1227
Second National Bank, Scran ton, Pa.*. 49
National Bank of Poultney, Vt
1200
First National Ban M Monticello, Ind.. 2208
First National Bank, Butler, Pa
309
First National Bank, Meadville, P a . . . 115
First National Bank, Newark, N. J
52
First National Bank, Brattleboro, Vt.. 470
Mechanics' National Bank, Newark,
N.J
1251
First National Bank, Buffalo, N. Y.... 235
Pacific National Bank, Boston, Mass.. 2373
First National Bank of Union Mills,
Union City, Pa
110
Vermont National Bank, St. Albans,
Vt...
1583
First National Bank, Leadville, Colo.. 2420
City National Bank, Lawrenceburg,
Ind.*
2889
First National Bank, St. Albans, Vt... 269
First National Bank, Monmouth, 111 .. 2751
Marine National Bank, New York, N.Y
Hot Springs National Bank, Hot 1215
Springs, Ark
Richmond National Bank, Richmond, 2887
Ind




Date.

Jan. 26.1871
Apr. 6 1J72
June 20 1865
Feb. 18,1865
June 2. 1864
Jan. 2 1872
Oct. 7,1863
Apr. 1,1865
Aug. 5.1863
Jan. 9,1865

Capital.

$50, 000
50, 000
50. 000
250. 000
75, 000
50, 000
50, 000
200, 000 $36, 205
60, 000
67, 000 2,976

July 25,1865
Jan. 16,1865

50,000
50, 000

Oct. 30,1866

Per
Amount. cent.
$23, 500
25, 000
31,500
182, 500
85. 450
36. 975
80, 300
143. 000
222. 319
670, 000

46.1
50
63
73
113.9
73.9
160.6
71.5
370.5
1000

3, 410, 300

71,750 143.5
124, 000 248

Mar. 25.1872
May 31,1872
June 14,1865

100, 000
50, 000
120, 000 15, 000

Feb. 5,1864
Sept. 18,1872
Nov. 23,1865
J u n e 3,1872

120, 000
200, 000
100, 000
100, 000

Apr. 27,1864
Apr. 5,1864
Dec. 16,1863
Mar. 5,1864

60, 000
50, 000
100,000
100, 000

187,131 311.9
132, 250 264.5

J u n e 13,1865
July 16,1874
May 13,1873
Aug. 14,1872

200,000
100, 000
100,000

205,940 102.9
45,750 45.
10, 000 10
20,000 40

Jan. 20,1872
May 5,1877
July 31,1871

1,000
7,214

50,000

45, 000

45

153, 600 128
1, 035, 000 862.
38, 000 19
540, 500 540.
25, 000 25

34,731

50,000

4,000

50,000

8,

57, 750 115.5

May 14,1877
Nov. 15,1870

50,000
130, 000
250, 000

J u n e 6,1865
Aug. 5,1863
May 31,1865
Dec. 3,1874
Mar. 11,1864
Oct. 27,1863
Aug. 7,1863
June 30,1864

100,000 11,872
100, 000
100, 000
50,000
50,000
70,000
125, 000
100,000

June 9,1865
Feb. 5,1864
Nov. 9,1877

500, 000 251,802
100,000
250,000

2,000

113,000
392,125
92,000
7,400
139, 000
248,400
605, 250
387,000

113
392.1
92
14.8
278
354.8
484.
387

1,198,000 239.6
287, 500 287.5
75,000 30

Oct. 23,1863

50,000

Oct. 11,1865
Mar. 19,1879

200, 000
60, 000

186,000
63,000

Feb. 24,1883
Feb. 20,1864
July 7,1882
J u n e 3,1865

100,000
100, 000
75, 000
400,000

3,000
3
197,000 197
15,000 20
659,643 164.9

Feb. 17,1883

50,000

Mar. 5,1873
2090

Surplus.

270, 000

* formerly in voluntary liquidation.

91,955 183.9

2,000

105

3,000
274,000

101.5

REPORT OF THE COMPTROLLER OF THE CURRENCY.

209

TOGETHER WITH THEIR CAPITAL AXD SURPLUS, ETC.—Continued.

Failures.
1

Capital.

Circulation.
Lawful
money deposited.

Receiver ap- Cause
of
pointed.
failure.

Surplus.

Issued.

Redeemed.

Outstanding.

$8-1-7
507

Feb. 25,1876
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

y
P
P
V
(1
E
U
E
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, 6(52
177,200
92, 092
60, 300

$44, 493
44, 478
44,153
133, 810
65, 864
42, 600
28, 596
174,129
89, 632
59.040

3, 399
1, 036
600
1,066
3.071
2, 460
1. 260

44
45
46
47
48
49
50
51
52
53

17,135
20, 000

Mar. 16.1877
May 24,1877

W
M

45, 000
90, 000

45, 000
90, 000

44,105
88, 055

895
1, 945

54
55

2, 500, 000

248, 775

June 23,1877

O

1, 693, 660

1, 693, 660

1, 673, 647

20,013

56

50, 000
75, 000
120, 000

20, 000
65, 000
8, 000

July 20.1877
Aua;. ;8,1877
Aug. 20,1877

W
TI
V

45, 000
45, 000
71, 200

45, 000
45, 000
71, 200

44, 080
44,405
69, 583

920
59f>
1, 617

57
58
59

750, 000
200,000
500, 000
100, 000

200, 000 Nov. 24.1877
10, 000 Dec. 1.1877
25, 000 Feb. 11,1878
6,392 . . . . d o

V
V
X
V

597. 840
45,000
44, 940
44,500

597. 840
45,000
44. 940
44, 500

578, 377
44,193
42,140
43, 325

19,463
807
2, 800
1,175

60
61
62
63

112.
100,
250,
100,

19, 000
25, 000
220, 000

Feb.
Mar.
Apr.
May

28,1878
23.1878
15,1878
15.1878

V
V
X
V

75,554
89, 200
78,641
69,345

75, 554
89, 200
78, 641
69, 345

72, 304
86, 665
75,180
68, 535

3, 250
2. 535
3, 461
810

64
65
66
67

24,000 J u n e 8,1878
5,000 . . . d o . . .
8,000 Sept. 13,1878
7,000 Sept. 14,1878

114,220
29,800
89, 300
44, 400

114, 220
29,800
89,300
44, 400

111, 518
29,193
88, 071
43, 665

2, 702
605
1. 229
735

68
69
70

Sept. 25,1878

p
V
Q
Q
X

35, 328

35,328

34,573

755

72

Oct.

1,1878

N

27, 000

27, 000

26, 685

315

73

Nov. 1,1878

X

45,000

45, 000

43, 951

1,049

74

Dec. 20,1878

P
B

62, 500
42, 795

62, 500
42, 795

62, 026
38, 510

474
4, 285

75
76

40, 476 Feb. 11,1879
70, 000 Mar. 15,1879
4,000 Apr. 7,1879
2, 000 July 18,1879
10, 600 July 23,1879
20,000 June 9,1880
62, 584 June 14,1880
57, 000 June 19,1880

X
X
X
X
E
R
F
X

86, 900
91, 465
90,000
27, 000
71,165
89. 500
32(3. 643
90,000

86, 900
91, 465
90, 000
27, 000
71,165
89,500
326, 643
90, 000

84,833
87, 313
87, 297
26, 422
67, 760
85, 821
314,130
84,203

2,067
4,152
2, 703
578
3,405
3, 679
12, 513
5,797

77
78
79
80
81
82
83
84

C
P

449,900
99, 500
450,000

449, 900
99. 500
450, 000

427, 996
96, 255
444, 002

21, 904
3,245
5,998

85
86
87

$50, 000
100, 000
50, 000
250, 000
75, 000
60,000
50, 000
200, 000
132, 000
67, 000

$10, 000

50,000
100, 000

500
000
000
000

200, 000
50, 000
100,000
50, 000
50, 000

25. 000
130, 000
3, 000
12, 000
10, 000
30, 000
28, 538

13,500

50,000
100, 000

10, 600

130,000
500,000

2, 000
125,000

100, 000
200, 000
100, 000
50,000
50,000
100,000
300, 000
300,000

do

500, 000
100,000
961, 300

400,000
50,000

"Nov. 2,1881
Apr. 22,1882
May 22,1882

50, 000

13,455

Mar. 24,1883

s
s

43,000

43, 000

41, 285

1,715

88

200, 000
60,000

25, 000
15, 000

Aug. 9.1883
Jan. 24,1884

V
B

65, 200
53,000

65, 200
53,000

60, 393
51, 545

4,807
1,455

89
90

Mar. 11,1884

Gc
P
E
T

77, 000
89,080
27, 000
260,100

77, 000
89, 980
27, 000
260,100

74, 860
84, 898
25,680
247, 743

2,140
5, 082
1, 320
12, 357

91
92
93
94

87, 990

2, 860

95

100, 000
100.000
75, 000
400, 000

40,000 Apr. 22,1884
15, 000 ...do
225, 000 May 13,1884

50,000

180

June 2,1884

E

40, 850

40,850

250,000

33,000

-July 23,1884

H

158,900

X68,900

9647—14

t




Ha, f?§&

210

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.

Organization.
Name and location of bank.
Charter
number.
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
141
142
143
144
145

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. Y.
Farmers' National Bank, Bushnell, 111.
Schoharie County National Bank,
Schoharie, N. Y.
Exchange National Bank, Norfolk, Va.
First National Bank, Lake City, Minn.
Lancaster N&tional Bank, Clinton,
Mass.
First National Bank, Sioux Falls, S.
Dak.
First National Bank, Wahpeton, N.
Dak.
First National Bank, Angelica, N. Y..
City National Bank, Williamsport, Pa.
Abmgton National Bank, Abington,
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, Danesville, N. Y.
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, Kaleigh, N. C
Second National Bank, Xeriia, 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 Shelby ville, 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 Bank, Gloucester City, N. J.
Park National Bank, Chicago, 111
State National Bank, Wellington, Kans
Kingman National Bank, Kingman,
First National Bank, Alma, Kans
First National Bank, Belleville, Kans.
First National Bank, Meade Center,
American National Bank, Arkansas
City, Kans.
City National Bank, Hastings, Nebr..
Peoplel's National Bank, Fayetteville,




Date.

Capital.

Surplus.

3006

J u l y 16,1883

$50,000

166
2578

Dec. 22,1863
Oct. 25,1881

50,000
50,000

2942

May

1276

J u n e 14,1865

200,000 $23,128

1791
1510

Feb. 18,1871
Aug. 9,1865

50,000
100,000

1137
1740
583

May 13,1865
Nov. 29,1870
Nov. 22,1864

100, 000
50, 000
200, 000

2465

Mar. 15,1880

Per
Amount. cent.

7,1883

$170,500 341

50,000

4,000

38, 500

32, 894

8

356,000 178
77

337, 500 337.5
90,142 180.2
285, 000 142.5

50, 000

10, 000

20

2624

Feb.

2,1882

50^000

12, 000

24

564
2139
1386

Nov. 3,1864
Mar. 17,1874
J u l y 1,1865

100,000
100, 000
150, 000

2724
2776
3266
3461

J u n e 7,1882
Sept. 18,1882
Nov. 20,1884
Feb. 27,1886

50, 000
50, 000
50, 000
1, 000,' 000

23, 000
2,784

.3

3022

Aug.

8,1883

50, 000

12, 250

24.5

3082
75
605
686

Nov. 26,1883
Sept. 4,1863
Dec. 6,1864
Jan. 7,1865

50, 000
50,000
100,000
150, 000

2835
2542

Dec. 12,1882
J u l y 12,1881

200, 000
500,000

75,000
215,000

231
1801

Feb. 4,1864
Mar. 11,1871

100, 000
100,000

266, 000 266
146, 806 146.8

1682
277
3597

J u n e 17,1868
Feb. 24,1864
Dec. 7,1886

100,000
60, 000
50, 000

278,000 463.3
5,000 10

1280
3592

J u n e 14,1865
Oct. 20,1886

50, 000
200, 000

159, 494 318.9

2800
2198
3617
3366
2427
3431
3936

Sept. 14,1882
Oct. 29,1874
Jan. 14,1887
J u l y 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 36
81, 625 163.2

3502
3564
3559

May 11,1886
Oct. 1,1886
Sept. 16,1886

200,000
50,000
75,000

24,000
5, 000
20,500

12
10
27. 3 S

3769
3386
3695

Aug. 3,1887
Aug. 28,1885
May 5,1887

50,000
50, 000
50,000

14, 000
17,500
8,857

28
35
17.7

3992

Mar. 15,1889

100, 000

28, 000

28

3099
2003

Dec. 27,1883
J u n e 27,1872

50, 000
75,000

* Restored to solvenoy.

15, 000

10, 000

i, 666

186, 000 186
38,500 38.5
307, 382 204.9
46

13,500 27
75,825 151.6
168,500 168.5
306, 000 204
37.5
43

4
2,000
75, 350 150. 6
10, 000 20

44,547 89.1
182,500 243.3

REPORT OF THE COMPTROLLER OF THE CURRENCY. 2 1 1
TOGETHER WITH THEIR CAPITAL A.VI) SURPLUS, ETC.—Continued.

Failures.

Circulation.
Lawful
money
deposited.

Capital.

Receiver
appointed.

Surplus.

$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

! Cause
|
of
i failure.

Aug. 2 , 8 4 ;
5 1 8

X

B
E
1, 000 ! Oct. 18,1884 | P
40, 000 | N o v . 29,1884 ! I
7, 500 . Deo. 17,1884
L
15,000 I Mar. 23,1885
B
350,000 j A p r . 9.1885 j O
10,000 ; J a n . 4,1880 ! E
20, 000 ! J a n . 20,188(5 j B
i
I
30,447 j Mar. 11,1886 j J
4,000 | Apr. 8,1880 j J
20,100 j A p r 19,1886
A
12,500 I May 4,1886
D
25, 300 | Aug. 2, .1886
L
11, 000 I Sept. 8,1886
U
20, 000 I "Nov. 20,1886
V
V
! .Juno 3.1887
B
50. 000 J u n e 27, 1887

$20, 000 A u g . 26,1884
12, 50!) ; Sept. 13,1884 !

Issued.

Redeemed.

Outstanding.

$11, 240

$11,240

$10, 975

$265

90,000

90, 000
18, 650

84, 226

5,774

18, 207

443

22,400

1,000

166,068

18, 650

9,932
2,072
3,490

100

23, 400
23,400

101

176, 000
176, 000
44, 000
38, 350

44, 000
38,350

228, 200
44, 420

228,200
44, 420

72, 360

72, 360

10, 740

97

10, 740

41,928
34, 860
209, 954
41, 996
64, 714
9,950

18, 246 104
2,424 1 105
7,646 106
790 107

15,920

1, 200 I 108

17,120
89, 000
43,140
25, 425

17,120
89, 000
43,140
25, 425

81, 206
35, 760
25, 425

7,794 109
7,380 1110
Ill

26,180
26, 280
19, 210
90, 000

26,180
26, 280
19,210
90, 000

24,
25,
17,
84,

1, 225
1.210
1,355
5, 683

955
070
855
317

112
113
114
115
116

11, 250

11,250

10, 610

11, 250
15. 730
73,829
139, 048

11, 250
15, 730
73, 829
139,048

9,530
13,485
62,395
120,423

Nov. 15,1887
Feb. 10,3888

A
B
V
B
F
V

44, 430
277, 745

44, 430
277,745

37, 980
231, 340

1,720 117
2,245 118
11,434 119
18,625 ! 120
I
6,450 I 121
46,405 122

Feb. 20,1888 |
Apr. 2,1888

v

R

44, 400
62,170

44, 400
62,170

32, 439
55, 822

11,961 I 123
6, 348 j 124

100,000 j.
150,000
50,000 I

Apr. 11, 1888
14,000 j May 9. 1888
3,000 J u n e 23,1888

B
V
s

22,500
48,470
11, 250

22, 500
48, 470
11, 250

17, 735
38, 685
10,415

4, 765 ! 125
9, 785 ! 126
835 127

50, 000
200,000

10,000
10,000

Sept, 19.1888
J a n . 14,1889

24, 870
45,000

24,870
45, 000

20, 590
36, 910

4,280
8,090

50, 000
50, 000
100,000
50, 000
100, 000
50. 000
50,000

4, 300
25, 000

Apr.
Dec.
Dec.
400 D e c
17,(500 J a n .
! Feb.
I June

22.1889
13.1889
23,1889
30,1889
21,1890
10,1890
12.1890

11,250
16, 710
22, 500
10, 750
21, 240
10,750
11,250

11, 250
16, 710
22, 500
10, 750
21,240
10, 750
11, 250

9,232
10, 965
16, 410
8,100
19, 250
7,450
8,610

2,018 130
5, 745 131
132
6.090 i
2,650 133
1,990 134
3, 300 135
2,640 136

200, 000
50, 000
100, 000

21, 000 I J u l y 14,1890
3, 915 Sept, 25,1890
1,000 Oct. 2,1890

45, 000
11,250
22,500

45, 000
11, 250
22, 500

28, 800
6,740
14, 685

16, 200 137
4,510 138
7,815 139

75, 000
50, 000
50.000

1,603 Nov. 21,1890
5. 000 Dec, 12.1890
Dec. 24/1890

16, 875
11, 250
10,750

16, 875
11, 250
10,750

11, 073
7,505
6,975

5,802
3,745
3,775

140
141
142

45,000

45, 000

20, 930

24,070

143

22. 500
28, 800

22,500
28, 800

10,710
15, 731

11,790
13,069

144
145

50, 000

8. 000

50, 000
50, 000
100, 000
200,000

10, 000
15. 000
10,183
24, 000

300. 000
1 000,000

30,000
180, 000

150, 000
100, 000

20. 000

300, 000
100,000
125,000 I

Aug. 17, 1887
I

Aug.
Sept,
Oct.
Oct.

24,1887
8,1887
11,1887
17,1887

4; ooo
24,000

Dec. 26,1890 |

32,000

Jan. 14.1891 !
Jan. 20,1891 j




Q
B
W
F
F
F
F
W
X
H
V
O
J
R

640

128
129

212

REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANKS THAT HAVE WEEN PLACED I N THE H A N D S OF R E C E I V E R S ,
Total dividends
paid during
existence as a
national banking association.

Organization.

Name and location of bank.
Charter
number.
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180

181

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 Natioual Bank, Kansas City,
Rio Grande National Bank, Laredo,
Tex.
First National Bank, Clearfield, Pa...
Farley National Bank, Montgomery,
Ala.*
First National Bank, Coldwater, Kans.
Maverick National Bank, Boston,
Mass.
Corry National Bank, Corry, Pa
Cheyenne National Bank, Cheyenne,
Wyo.
California National Bank, San Diego,
Cal.
First National Bank, "Wilmington,
•wr n
N. C.
Huron National Bank, Huron, S. Dak.
First National Bank, Downs, Kans ...
First National Bank, Muncy, Pa
Bell County National Bank, Temple,
Tex.
First National Bank, Deming, N. Mex.
First National Bank, Silver City, N.
Mex.
Lima National Bank, Lima, Ohio
National Bank of Guthrie, Okla
Cherry vale National Bank, Cherryvale, Kans.
First National Bank, Erie, Kans
First National Bank, Rockwell, Tex..
Yincennes National Bank, Yincennes,
Ind.
Total

Date.

Capital.

3838 Jan. 24,1888

50, 009
50,000

Amount.

$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 6
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. 0
25, 000 25

4146 Oct. 28,1889

100, 050

768 Jan. 30,1865
4180 Dec. 18,1889

100, 000
100,000

3703 May 9,1887
677 Dec. 31,1864

52, 000
400, 000

569 Nov. 12,1864
3416 Dec. 2,1885

100, 000
100, 000

209, 000 209

$61, 390

2, 080 4
984, 000 241
198, 000 198
26, 000 26

3828 Dec. 29,1887

150, 000

1656 July 25,1866

250, 000

290, 710 116. 3

50,000 i
50,000 i
100,000 i
50,000

27, 750 55.5
17, 693 35.4
212, 988 213
2,500
5

3160 Apr. 22,1884
3554 Sept. 17,1886

50, 000
50, 000

56, 250 112.5
30, 000 60

2859 Jan. 16,1883
4383 July 31,1890
4288 Apr. 16,1890

100, 000
100, 000
50, 000

3963 Jan. 15,1889
3890 May 29,1888
1454 July 17,1865

50, 000
50, 000
100,000

3267
3569
837
4404

Nov.
Oct.
Feb.
Aug.

21,1884
12,1886
23,1865
25,1890

79, 000

87, 500
2, 500
3,500

L Excessive loans to offlo eri and directors.

52. 7

87.5
2.5
7

5,954 11.9
15, 000 30
441, 000 441

27, 330, 400 547, 080 20, 252, 357 74.1

* Restored to solvency.
A Defalcation of officers.
B Defalcation of officers and fraudulent management.
C Defalcation of officers 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.
G Excessive loans to officers and directors an d 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 leal estate and mortgages.
K Excessive loans and failure of large debtors,



Per
cent.

$60, 000

3249 Sept. 11,1884
3791 Sept. 16,1887

Surplus.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

213

TOGETHER WITH THEIR CAPITAL AND SURPLUS, E T C . — C o n t i n u e d .

Lawful
money deposited.
Eeceiver
appointed. .

Feb. 11,1891
Mar. 25,1891
50, 000

3,000

Apr.

7,1891 i

H

10, 750

500, 000

100,000

May

9,1891 I

O

41,180

750, 000

132, 500

45, 000
! J u n e 22,1891
! J u l y 1,1891
i July

2,1891

300, 000
75, 000
60, 000

J u l y 16,1891
. . .do
J u l y 21,1891

45, 000
16, 225
13,500

60, 000
150, 000
150.000

J u l y 23,1891
Aug. 7,1891
Aug. 17,1891

12,900
33, 250
33, 750

Oct. 7,1891
....do

i Nov. 21,1891
Dec. 5,1891
Dec. 18,1891
Dec. 21,1891
J a n . 7,1892 |
Feb. 6,1892
Feb. 9,1892
Feb. 19,1892

18, 000
10, 750
94. 899
11, 250

18, 000
7,870
05, 649
11, 250

35. 022
19, 890
11.250

| Feb. 29,1892
....do
200. 000
100, 000
50, 000

Mar. 21,1892
J u n e 22,1892
J u l y 2,1892

45, 000
21, 800
11, 250

50, 000
125, 000
100,000

....do
J u l y 20,1892
J u l y 22,1892

11,250
26, 720
41,320

M Failure of large debtors.
1T Fraudulent management.
S
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 Fraudulentmanagement, 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.
TJ Injudicious banking.
V Injudicious banking and depreciation of securities.
W Injudicious banking and failure of large debtors.
X Investments in real estate and mortgages and depreciation of securities.



214

REPORT OF THE COMPTROLLER OF THE CURRENCY.

INSOLVENT NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF RETEM, WITH AMOUNTS OK NOMINAL AND ADDITIONAL ASSETS, AMOUNTS COLLECTASSETS, EXPENSES OF RECEIVERSHIP, CLAIMS PROVED, DIVIDENDS PAID AND

Name and location of bank.

Date of
organization.

Jan. 14,1864
First National Bank, Attica, N. Y
May 20,1865
Venango National Bank, Franklin, Pa
Dec. 14,1864
Merchants' National Bank, Washington, D. C
Feb. 3,1864
First National Bank, Medina, N. Y
June 5,1865
Tennessee National Bank, Memphis, Tcnn
:
Aug. 24,1865
First National Band, Selma, Ala
Dec. 18,1863
[First National Bank, New Orleans, La
July 17,1865
National TJnadilla Bank, Unadilla, N. l r
Farmers and Citizens' National Bank, Brooklyn. N. Y . June 5,1865
Sept, 9,1865
Croton National Bank, New York, N. Y
'
May 15,1865
First National Bank, Bethel, Conn
Sept. 9,1863
First National Bank, Keokuk, Iowa
Feb. 14,1865
National Bank of Vicksburg, Miss
May 20,1864
First National Bank, Rockford, 111
June 23,1865
First National Bank of Nevada, Austin, Nov
June 6,1865
Ocean National Bank, New York, N. Y
T
Mar. 30,1869
Union Square National Bank, Now York, ]S . Y
Apr. 6,1864
Eighth National Bank, New York, N. Y
Feb. 26,1864
Fourth National Bank, Philadelphia, Pa
May 29,1865
Waverly National Bank, Waverly, N. Y
Feb. 6,1866
First National Bank, Fort Smith', Ark
May 7,1872
Scandinavian National Bank, Chicago, 111
July 21,1865
Wallkill National Bank, Middletown, N\ Y
Feb. 15,1872
Crescent City National Bank, New Orleans, La
July 1,1865
Atlantic National Bank, New York, N. Y
July 16,1863
First National Bank, Washington, 1). C
National Bank of the Commonwealth, New York, N. Y. July 1,1865
Sept. 1,1865
Merchants' National Bank, Petersburg, Va
July 1,1865
First National Bank, Petersburg, Va..
May 24,1864
First National Bank, Mansfield, Ohio
New Orleans National Banking Association, New OrMay 27,1871
leans, La
July 7,1863
First National Bank, Carlisle, Pa
July 31,1863
First National Bank, Anderson, Ind
First National Bank, Topeka, Kans
Aug. 23,1866
First National Bank, Norfolk, Va
Feb. 23,1864
Gibson County National Bank, Princeton. Ind
Nov, 30,1872
First National Bank of Utah, Salt Lake City, Utah
Nov. 15,1869
Cook County National Bank, Chicago, 111
July 8,1871
First National Bank, Tiffin, Ohio
Mar. 16,1865
Charlottesville National Bank, Charlottesville, Va
July 19,1865
Miners' National Bank, Georgetown. Colo
Oct. 30,1874
Fourth National Bank, Chicago, 111.*
Feb. 24,1864
First National Bank, Bedford, Iowa
Sept. 18,1875
First National Bank, Osceola, Iowa
Jan. 26,1871
First National Bank, Duluth, Minn
'.
Apr. 6,1872
First National Bank, La Crosse, Wis
June 20,1865
City National Bank, Chicago, 111
Feb. 18,1865
Watkins National Bank, Watkins, N. Y
June 2,1864
First National Bank, Wichita, Kans
Jan. 2,1872
First National Bank, Greenfield, Ohio *
Oct. 7,1863
National Bank of Fishkill, N. Y
Apr. 1,1865
First National Bank, Franklin, Ind
Aug. 5,1863
Northumberland County National Bank, Shamokin, Pa. Jan. 9,1865
First National Bank, Winchester, 111
July 25,' 1865
National Exchange Bank, Minneapolis, Minn
Jan. 16,1865
National Bank of the State of Missouri, St. Louis, Mo.. Oct. 30,1866
First National Bank, Delhi, Ind
Mar. 25,1872
First National Bank, Georgetown, Colo
May 31,1872
Lock Haven National Bank, Lock Haven, Pa
June 14,1865
Third National Bank, Chicago, 111
Feb. 5,1864
Central National Bank, Chicago, 111
Sept. 18,1872
First National Bank, Kansas City, Mo
Nov. 23,1865
Commercial National Bank, Kansas City, Mo
June 3,1872
First National Bank, Ashland, Pa.*
Apr. 27,1864
First National Bank, Tarry town, N. Y
Apr. 5,1864
First National Bank, Allentown, Pa.*
Dec. 16,1863
First National Bank, Waynesburg, Pa.*
Mar. 5,1864
Washington County National Bank, Greenwich, N. Y.. June 30,1865
First National Bank, Dallas, Tex
July 16,1874
People's National Bank, Helena. Mont
May 13,1873
First National Bank, Bozeman, Mont
Aug. 14,1872
Merchants' National Bank, Fort Scott, Kans.*
Jan. 20,1872
* Formerly in voluntary liquidation.



Capital
stock.

Receiver
appointed.

$50,000
300, 000
200,000
50, 000
100, 000
100, 000
500, 000
120, 000
300,000
200, 000
60,000
100,000
50, 000
50,000
250, 000
1,000, 000
200, 000
250,000
200, 000
106,100
50, 000
250,000
175, 000
500,000
300, 000
500, 000
750,000
400, 000
200, 000
100, 000

Apr. 14, 1865
May 1, 1866
May 8, 1866
Mar. 13, 1867
Mar. 21, 1867
^ p r . 30, 1867
May 20, 1867
Aug. 20, 1867
Sept. 6, 1867
Oct. 1, 1867
Feb. 28, 1868
Mar. 3, 1868
Apr. 24, 1868
Mar. 15, 1869
Oct. 14, 1869
Dec. 13, 1871
Dec. 15, 1871
Dec. 15, 1871
Dec. 20, 1871
Apr. 23, 1872
May 2, 1872
Dec. 12, 1872
Dec. 31, 1872
Mar. 18, 1873
Apr. 28, 1873
Sept. 19, 1873
Sept. 22, 1873
Sept. 25, 1873
Sept. 25, 1873
Oct. 18, 1873

600, 000
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
50, 000
50, 000

Oct. 23,1873
Oct. 24,1873
Nov. 23,1873
Dec. 16,1873
June 3,1874
Nov. 28,1874
Dec. 10,1874
Feb, 1,1875
Oct. 22,1875
Oct. 28,1875
Jan. 24,1876
Feb. 1,1876
Feb. 1,1876
Feb. 26,1876
Mar. 13,3876
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
June 23,1877
July 20,1877
Aug. 18,1877
Aug, 20,1877
Nov. 24,1877
Dec. 1,1877
Feb. 11,1878
Feb. 11,1878
Feb. 28,1878
Mar. 23,1878
Apr. 15,1878
May 15,1878
June 8,1878
J une 8,1878
Sept. 13,1878
Sept. 14,1878
Sept. 25,1878

REPORT OF THE COMPTROLLER OF THE CURRENCY.

215

y
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 received since
Estimated Estimated Estimated
date of
good.
doubtful. worthless. suspension.
$115, 538
818,154

$13,692
27,741

101, 072
18, 424
50, 000
116, 422
78,415
853,148
701,116
86, 748
86, 856
1,175, 656
272, 757
255, 235
65, 361
39, 486
83, 830
98, 240
125, 057
21, 584
22, 569
7,000
129, 721
91,412
1 867, 641
942, 283
91,355
' 364, 973
229, 617 """736," 997'
165, 442
653, 658
86, 493
40, 000
37, 494
15, 800
14,174
25, 000
100,000
100, 000
168,100
127, 769
50,000 ' 25,000
379, 020
110,450
148, 920
336, 833
58, 852
283, 550
1, 000, 000 1, 277, 690
453, 593
1, 435,113
473, 372
342, 260
252, 250
321, 722
100, 000
50, 000
79,409
94, 483
173,378
7,954

5,400
26, 579
57, 732
156, 575
19, 449
121, 017
21, 572
12, 212
13,426

$50,823
83, 713

$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

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

100, 000
55, 386
80,000
85, 000
56, 350
32,011
204,600
1, 250,103
120,000
• 105,218
190,069
131,227
26,858
19, 938
118, 300
25, 000
478,917
44,582
18, 387
57, 675
194, 665
262, 909
86,492
58,188
67, 246
112, 026
67, 541
66,025
135, 231
90, 704
935, 999 2, 818, 966
175, 254
6,250
34,368
52, 627
220,481
150, 650
1, 330, 215
631, 797
157, 438
161,441
1,118,118
313, 726
52, 349
74, 724
107, 318
41, 584
100,994
19,879
132,445
15,869
311,324
27, 894
48,149
36, 245
32, 559
95, 251
9,010
$76, 046
21,225
15,543




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
$333
46,588

30, 371
42, 236
124, 832
lli 895
49, 409
32, 517
6,537
24, 866
25,102
168,603
128, 337
215, 724
404, 431
103, 609
43, 225
21,095
654,185
2,574
100. 607
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
364, 812
16, 680
19, 817
6,723
8,859
20, 289
2,171
1.861
13; 749
4. 305
67, 942
$21, 090
1,892

Total

assets.

$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
1,431,055
115, 304
333,664
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, 657, 528
506, 271
1, 856, 661
184,971
176,831
274,750
339, 715
60,014
589, 938
156,122
361,903
$136, 479
85,248

Offsets
allowed and
settled.

19, 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
%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
$7, 700
178

Loss on
assets coinsold under
order of
court.

pounded or

$114, 236
796.197
686, 665
93. 638
380,383
179, 894
929, 289
132, 806
400, 903
187,586
70,122
123, 409
57, 938
219,750
1, 254, 358
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
235,127
118, 083
55, 917
54,332
196, 231
1, 948, 095
84, 709
58, 715
186, 254
6,266
49, 929
30, 319
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
287, 682
22, 559
67, 396
268, 000
47, 239
6,972
106, 292
32, 372
$20,141
65, 804

Nominal
value
of assets
returned to
stockholders.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
$89, 855 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
33,363 44
45
46
47
53,473 48
49
50
51
52
53
54
55
36, 957 56
34, 259 57
58
59
60
61
62
63
64
112,818 65
66
67
'279,' 987'
70
71
72

216

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.

Date of
organization.

Capital
stock.

Receiver
appointed.

Farmers National Bank, Platto City, Mo
May 5,1877
$50, 000 Oct. 1,1878
First National Bank, Warrenaburg,' Mo
J uly 31,1871
100, 000 Nov. 1,1878
German American National Bank, Washington, D. C .. May 14,1877
130. 000 Nov. 1,1878
German National Bank, Chicago, I I I /
Nov. 15,1870
500, 000 Dec. 20,1878
Commercial National Bank, Saratoga Springs, N. Y
June 6.1865
100, 000 Feb. 11,1879
Second National Bank, Scran ton, Pa.*
Aug. 5,1863
200.000 Mar. 15,1879
National Bank of Poultney, Vt
May 31,1865
100, 000 Apr. 7,1879
First National Bank, Moriticello, Ind
' Dec. 3,1874
50, 000 July 18,1879
First National Bank, Butler, Pa
! M u\ 11,1864
50, 000 July 23,1879
First National Bank, Meadville, Pa
! Oct. 27,1863
100, 000 June 9,1880
First National Bank, Newark, N. J
! Aug. 7,1863
300, 000 June 14,1880
First National Bank. Brattleboro, Vt
! J une 30,1864
300, 000 June 19,1880
Mechanics' National Bank, Newark, N. J
; Jnne 9, 1885
500, 000 Mar, 2.1881
First National Bank, Buftalo, N. Y
! Feb. 5,1864
100,000 Apr. 22,1882
Pacific National Bank, Boston, Mass
! Nov. 9,1877
961, 300 May 22,1882
First National Bank of Union Mills Union City, P a . . . O,-t. 23,1863
50, 000 Mar. 24,1883
Vermont National Bank, St. Albans', Vt
•' ><'t, 11,1865
200, 000 Aug. 9,1883
First National Bank, Leadville, Colo
Mar. 19,1879
60. 000 J a n . 24,1884
City National Bank, Lawrenceburg, Ind.*
Feb. 24,1883
100, 000 Mar. 11,1884
First National Bank, St. Albans, Vt
i Feb. 20,1864
100, 000 Apr. 22,1884
First National Bank, Monmouth, 111
j July 7,1882
75, 000 Apr. 22,1884
Marine National Bank, New York, N. Y
-3 line 3,1865
400, 000 May 13,1884
Hot Springs National Bank, Hot Springs, Ark
Feb. 17,1883
50, 000 June 2,1884
Richmond National Bank, Richmond, Ind
'Mar. 5,1873
250, 000 July 23,1884
First National Bank, Livingston, Mont
J uly 16,1883
50, 000 Aug. 25,1884
First National Bank, Albion, N. Y
i Dec. 22,1863
100, 000 Aug. 26,1884
Sept, 13,1884
First National Bank, Jamestown, N. Dak
I Oct. 25,1881
50, 000 Oct. 18,1884
Logan National Bank, West Liberty, Ohio
May 7,1883
50, 000 Nov. 29,1884
Middletown National Bank, Middletown, N. Y
! Jnne 14,1865
200,000 Dec. 17,1884
Farmers' National Bank,Busbnell, 111
j Feb. 18,1871
50, 000 Mar. 23,1885
Schoharie County National Bank, Schoharie, N. Y
I Aug. 9,1865
50,000 Apr. 9,1885
Exchange National Bank, Norfolk, Va
! May 13,1865
300, 000 Jan. 4,1886
First National Bank, Lake City, Minn
Nov. 29,1870
50, 000 Jan. 20,1886
Lancaster National Bank, Clinton, Mass
".
Nov. 22,1864
100, 000 Mar. 11,1886
j
First National Bank, Sioux Falls. S. Dak
Mar. 15,1880
50, 000 Apr. 8,1886
First National Bank, Wahpeton, N. Dak
| Feb. 2,1882
50, 000 Apr. 19,1886
First National Bank, Angelica, N. Y
I Nov. 3,1864
100, 000 May 4,1886
City National Bank, Wilfiamsport, Pa
I Mar. 17,1874
100, 000 Aug. 2,1886
Abington National Bank, Abington, Mass.i
I July 1,1865
150,000 Sept. 8,1886
First National Bank, Blair, Nebr
June 7,1882
50, 000 Nov. 20,1886
First National Bank, Pine Bluff, A r k
Sept. 18,1882
50, 000 June 3,1887
Palatka National Bank, Palatka, Fla
Nov. 20,1884
50,.000
Fidelity National Bank, Cincinnati, Ohio
I Feb. 27,1886 1,000, 000 June 27,1887
Aug. 17,1887
Henrietta National Bank, Henrietta, Tex
{ Aug. 8,1883
50,000 Aug. 24,1887
National Bank of Sumter, S. C
Nov. 26,1883
50, 000 Sept. 8,1887
First National Bank, Dansville, N. Y
Sept. 4,1863
50, 000 Oct. 11,1887
First National Bank, Corry, Pa
Dec. 6,1864
100, 000 Oct. 17,1887
Stafford National Bank, Stafford Springs, Conn
Jan. 7,1865
200, 000 Nov. 15,1887
Fifth National Bank, St. Louis, Mo
Dec 6,1882
300, 000 Feb. 10,1888
Metropolitan National Bank, Cincinnati, Ohio
June 23,1881 1,000, 000 Feb. 20,1888
First National Bank, Auburn, N. Y
Jan. 13,1864
i.yj,ooo Apr. 2,1888
Commercial National Bank, Dubuque, Iowa
Mar. 4,1871
100,000 Mar. 31,1888
State National Bank, Raleigh, N. C
June 2,1868
100, 000 May 9,1888
Second National Bank, Xenia, Ohio
Jan. 1,1864
150,000 June 23,1888
Madison National Bank, Madison, S. Dak
| Nov. 29,1886
50,000 Sept. 19,1888
Lowell National Bank, Lowell, Mich
June 14,1865
50,000 Jan. 14,1889
California National Bank, San Francisco, Cal
Oct. 20,1886
200, 000 Apr. 22,1889
First National Bank, Anoka, Minn
Sept. 14,1882
50, 000 Dec. 13,1889
National Bank of Shelbyville, Tenn
I Oct. 29,1874
50,000 Dec. 23,1889
First National Bank, Sheffield, Ala
I Jan. 14,1887
100, 000 Dec. 30,1889
Third National Bank, Malone, N. Y
J uly 15,1885
50, 000 Jan. 21,1890
First National Bank, Abilene, Kans
I June 23,1879
100,000 Feb. 10,1890
Harper National Bank, Harper, Kans
I Jan. 6,1886
50, 000 June 12,1890
Gloucester City National Bank, Gloucester City, N. J..!; Oct. 26,1888
50, 000 July 14,1890
Park National Bank, Chicago, 111
'.
May 11,1886
200, 000 Sept. 25,1890
State National Bank, Wellington, Kans
Oct. 1,1886
50, 000 Oct. 2,1890
Kingman National Bank, Kingman, Kans
j Sept. 16,1886
100, 000 Nov. 21,1890
First National Bank, Alma, Kans
! Aug. 3,1887
75, 000 Dec. 12,1890
First National Bank, Belleville, Kans
: Aug. 28,1885
50,000 Dec. 24,1890
First National Bank, Meade Center, Kan s
j May 5,1887
50, 000 Dec. 26,1890
American National Bank, Arkansas City, Kans
| Mar. 15,1889
300,000 Jan. 14,1891
City National Bank, Hastings, Nebr
".
| Dec. 27,1883
100, 000 Jan. 20,1891
People's National Bank, Fayetteville, N.C
j June 27,1872
125, 000 Feb. 3,1891
Spokane National Bank, Spokane Falls, Wash
Jan. 24.1888
100, 000 Feb. 11,1891
First National BanK, Ellsworth, Kans
Sept. 1L 1884
50,000
* Formerly in voluntary liquidation.

t Restored to solvency.
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
141
142
143
144
145
146
147



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.
Nominal assets at date of suspension. |
! Additional
Estimated
good.

assets rejceived since
Estimated Estimated
date of
doubtful
worthless. suspension.

$18,691
$9, 561
194, 457
90, 953
256, 286
139, 514
101, 971
104, 966
133.169
167, 503
101,178
264! 908
97, 257
68, 078
23. 646
6,734
12i 647
134, 716
115, 012
22, 545
64, 041
418, 951
51, 574
1,114. 503
185,002
65. 526
488, 892
648, 710 1, 416, 793
46, 829
161, 699
520. 917
124,114
56, 042
72,197
14. 500
13, 993
96, 875
217, 314
96. 543
172, 940
816, 916
3, 496, 495
27, 774
31, 058
72, 356
367,109
15. 304
33, 543
44, 446
55. 763
29, 826
7r519
£.695
60, 096
53, 692
600, 810
3, 874
13.170
39, 593
96, 981
1,273,711 1, 441. 378
91,990
57, 487
138, 707
144, 850
137, 859
48, 510
66, 965
20, 505
28,459
59, 810
26, 825
154, 879
122, 551
168,364
235, 474
8.000
50, 793
82, 612
15,646
32. 092
2, 464, 079
915, 577
74.171
35. 999
66, 081
8, 397
17,449
20, 239
156, 586
119. 809
208, 243
929^ 388
580, 321
787, 598
1, 668,952
268,961
160, 617
333, 506
324, 872
152, 390
176. 652
181, 870
214, 560
17.136
91,153
55;535
71,124
400, 003
61,519
83. 776
44, 698
1, 898
98.099
153, 262
117, 240
74, 662
31, 442
38. 896
92, 995
25| 775
21,224
6, 675
12, 317
342, 921
256, 395
23, 319
77, 765
11, 416
1.01, 635
9, 233
27, 273
10, 794
50, 866
6, 201
42,808
206,303
376, 977
48.128
59, 642
101,878 I
24, 882
314.354 ' 190, 090
46, 213
102,952

$42. 296
11. 578
37, 923
475, 052
28, 969
104, 858
18, 384
4,374
34, 737
12, 863
55, 895
3Q2, 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
938,916 i
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
m, 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
124, 504
9,060
43,981




$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, 916
444,128
23. 640
20, 617
52,069
1,599
77, 584
32, 854
860, 400
6,407
124, 054
867
212, 500
3,312
56, 057
126, 935
11,899
4, 809
263, 863
57, 994
69,964
10, 578
4,138
7,798
35, 202
21,633
5,439
6,212
1, 790
567, 879
25, 696
17, 769
56, 220
29,501
29,177
95, 471
7,111
193,510
29, 221
8, 398
69,652
7,352
46. 811
95J 050
21, 948
6,092
8,496

2, 383
6,119
4,525
8,034
41,536
9,953
7, 558
14, 955
2,144
969
106, 315
17, 406
25, 261
216,128
3,644

Total
assets.

Loss on
Nominal
assets com- value of

Offsets
pounded or
allowed a n d sold under
settled.
order of

court.

$72, 492
330, 363
494, 870
711. 870
346, 726
518, 535
203, 279
49, 771
209, 603
169, 618
580. 060
398^ 123
608, 849
1, 288, 321
1, 906. 965
3 248^477
784. 266
282^ 420
32 646
441,724
312, 025
742, 751
6, 92,429
734, 838
71,969
426, 038
70. 009
138'. 848
948, 512
9J, 172
169,303
917, 868
3, 214, 768
361, 615
200, 768
136, 517
166, 525
241, 304
317, 810
255, 747
144, 526*
58, 319
442, 046
6,148, 861
84, 009
119, 638
273, 036
418,158
666, 802
1, 588, 897
2,133, 878
1, 702, 711
475, 001
544, 578
135,666
174,786
773,, 276
167 647
150. 681
351. 566
142, 314
219,907
71.198
83. 263
783, 403
122, 683
185, 401
92,170
86, 230
71, 542
745, 327
235, 576
276, 525
729, 632
196, 790

$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, 3*1
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

207
507
883
783
810
982
729
64
106, 562
26, 043
86 953
801
66, 364
650. 736
753 395
89, 925
483, 834
18,418
16 017
152, 038
11, 671
109. 230
31, 402
348, 492
23,118
144, 070
49,155
75, 679
169,112
350
89, 506
272,287

629,752
6,594
883
19, 806
8,971
10, 556
164. 276
17, 528
46, 271
71,172
67, 849
13, 275
2, 001
1,840
21, 019
2,196

973,892

1,416
725
5,323
232
76 124
801
1,531
275
162
3 975
175
8,144
67. 209

2,420

$8,
118,
92,
521,
101,
203.
25.

36,
21,
106,
10,

030
268
872
211
816
76, 659
2, 358
76, 736

1,057
68, 034
124, 580
10,146
582,026
16, 000
127,552
121, 369
220,176
39, 557
990
33, 240
128, 879
15, 519
122, 751
25, 354
4, 682
7,446
6,813
23,696
8,934
21,911
517
3, 000
4; 867
3 560
' 7,224
1, 772
1, 282

assets returned to
stockholders.
73
74

76
77
78
79
80
81
82
26, 439
83
84
302, 654
85
86
87
88
89
90
91
92
93
94
95
18, 517
96
97
98
99
100
101
41, 079 102
103
104
65, 573 105
60, 998 106
107
108
77, 725 109
110
70, 715
38, 917 111
43, 697 112
113
44 068 114
115
37, 585 116
117
118
119
'""i33,"585* 120
121
1,164, 063 122
123
124
125
161, 275 126
127
39, 557 128
129
i 130
I 131
I 132
133
134
135
136
! 137
i 138
139
140
141
I 142
S 143
I 144
[145
! 146
147
$69. 659
72. 754
77, 592

218

REPORT OF THE COMPTROLLER OF THE CURRENCY.

INSOLVENT

NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF R E
SYSTEM, W I T H AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS,

Name and location of bank.

148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181

Date of organization.

Capital
stock.

Second National Bank, McPherson, Kans . . . .
Sept. 16,1887
Pratt County National Bank, Pratt, Kans
Sept. 8,1887
July 30,1875
Keystone National Bank, Philadelphia, Pa
Mar. 13,1886
Spring Garden National Bank, Philadelphia, Pa.
July 29,1872
National City Bank, Marshal, Mich
May 10,1884
Red Cloud National Bank, Red Cloud, Nobr ..
Sept. 17,1887
Asbury Park National Bank, Asbury Park, N. J
Ninth National Bank, Dallas, Tex
| Sept. 12,1890
Nov. 8,1882
First National Bank, Red Cloud, Nebr
Central Nebraska National Bank, Broken Bow, Nebr... Sept. 28,1888
Oct. 3,1889
Florence National Bank, Florence, Ala
July 15J884
First National Bank, Palatka, Fla
May 17,1887
First National Bank, Kansas City, Kans
Oct. 28,1889
Rio Grande National Bank, Laredo, Tex
Jan. 30,1865
First National Bank, Cleartield, Iowa
Dec. 18,1889
Farley National Bank. Montgomery, Ala.*
May 9,1887
First'National Bank, Coldwater, Kans
Dec. 31,1864
Maverick National Bank, Boston, Mass
Nov. 12,1864
Corry National Bank, Corry, Pa
Dec. 2,1885
Cheyenne National Bank, Oheyenue, AVyo
Dec. 29,1887
California National Bank, San Diego, Cal
July 25,1866
First National Bank, Wilmington, N. C
Nov. 21,1884
Huron National BanK, Huron, S. Dak
Oct. 12,1886
First National Bank, Downs, Kans
Feb. 23.1865
First National Bank, Muncy, Pa
Aug. 25,1890
Bell County National Bank' Temple, Tex
Apr. 22,1884
First National Bank, Dem ing. N. Mex
Sept. 17,1886
First National Bank, Silver City, N. Mex
Jan. 16,1883
Lima National Bank, Lima, Ohio
J u l y 31,1890
National Bank of Guthrie, Okla
Apr. 16,1890
Cherry vale National Bank, Cherry vale, Kans .
Jan. 15,1889
First National Bank, Erie, Kans.
May 29,1888
First National Bank, Rockwall, Tex
July 17,1865
Vincennes National Bank, Vincennes, lad

$50, 000
50, 000
500, OOo
750, 000
100, 000
75, 000
100,000
300, 000
75, 000
60, 000
60, 000
lfiO, 000
150, 000
100, 000
100,000
100,000
52,000
400, 000
100, 000
150, 000
500, 000
250, 000
75, 000
50, 000
100,000
50, 000
100,000
50, 000
200, 000
100, 000
50, 000
50. 000
125; 000
100, 000

Total




33, 030, 900
* Restored to solvency.

I

Receiver
appointed.

Mar.
Apr.
May
May
June

25, 1891
7, 1891
9, 1891
21, 1891
22, 1891

July 1, 1891
July 2, 189 L
July 16, 1891
July 16, 1891
July 21, 1891
July £3, 1891
Aug. 7, 1891
Aug. 17, 1891
Oct. 3, 1891
Oct. 7, 1891
do
Oct. 14,
1891
Nov. 2, 1891
Nov. 21,1891
Dec. 5, 1891
Dec. 18,
1891
Dec. 21,
1891
Jan. 7, 1892
Feb. 6, 1892
Feb. 9, 1892
Feb. 19,1892
Feb. 29,1892
do

Mar. 21, 1892
J u n e 22, 1892 I
•July 2, 1892 I
July 20,1892
July 22,1892

REPORT OF THE COMPTROLLER OF THE CURRENCY.
CEIYEK, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL
AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued.
Nominal assets afrdate of suspension. Additional
assets received since
Estimated Estimated Estimated date of susdoubtful. worthless. pension.
good.

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

$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

$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

16,121
4,170, 649
429, 340
130, 365
541, 363
140, 808
41, 221
17, 570
62, 381
68, 264
24. 715
63; 241
124,113

50,064
4, 747, 445
152,513
298,762
535, 479
369,140
17, 778
60, 938
106. 718
65, 727
209, 549
86,124
276, 990

19, 455
772, 597
61,480
31, 617
360,716
181,995
39,147
39, 621
9,696
2, 650
32, 215
5,048
58, 257

15. 583
60, 369
31, 523
106, 351

31,110
5, 111
79, 936
109, 297

$7,435
5,371
122,446
220, 593
17,173
17,196
23,462
12,484
5,059
1,599
973
3, 911
17, 880
5,352
37, 008

Total
assets.

$130,548
104, 276
1, 848, 957
2, 542, 303
214,191
182, 987
135, 806
585, 263
162, 442
139,808
124,729
489, 376
309, 618
176,533
305, 452

2, 988
88, 628
442, 375 10,133, 066
691,994
48.661
524,646
63. 902
172. 833 1,610,391
702, 326
10, 383
li590
99, 736
119, 620
1. 491
205, 895
27! 100
137, 721
1, 080
272, 916
6: 437
157, 465
3. 052
478, 761
19,401
191
1, 549
156
24, 622

100, 817
97, 982
221,266
389,429

Loss on asOffsets al- sets comlowed and pounded or
settled. sold under
order of
court.
$2,156
397
103, 261
112,165
11, 698
3,120
339
10, 600
740

5,2(50 I
218 !
2,203 I

2, 458
1, 072,195
15, 555
8, 822
19, 762
8, 493
92
129
7, 093
27, 847
4, 265
1, 557
32, 869

$4, 301
667
13, 541
2, 256
2,606

8

149
150
151
152
.|]5:5
-I J54
.155
.150

92, 652
13

-1157

2, 898
15,190
1,808
213

2,401
123,151
9, 249
1,910 I
5,78 4 1
20,000 1
6,504
4,629
!
2, 206 I

1, 286 j
"4,'382"

45,046,031 I 36,862,327 26, 724, 828 11,125, 380 119, 758, 566 10,207,458 | 26,372,544




BANKING

Nominal
value of
assets returned to
stockholders.

1,069
17.;;O:J i

219

.158
- 159
!
160
101
162
103
-1164
-I 165
. | 166
j 167
168
169
I 170
1 171
$74,869 ^ 172
! 173
| 174
I 175
'0
177
178
179
181)
181
3,262,033

220

REPORT OF THE COMPTROLLER OF THE CURRENCY.

INSOLVENT

NATIONAL BANKS, DATES * OF ORGANIZATION, APPOINTMENT OF RESYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS,

Collected
Nominal
Collected
value of
remaining from assets.
assets.

$200
9
10 |
, j

15 !
16 |
17 !
18
19
20
21
22
23
24
25
26 |
27 I
28 j
29 !
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51 j
52 I
53 |
54 I
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70

8,639
67, 835

291,357
196,790

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
79, 488
58, 064
91, 969
67, 251
30, 332
8,739
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
1,492,008
157,544
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

348, 961
"i36,'i72"

10,079
42, 795
109, 707
228, 580
5,200
19, 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

T

,

$76, 373
122, 240
190, 752
37, 287
91, 608
169, 886
1,037,529
82, 029
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
79,488
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
1,492,008
222, 676
351, 377
94, 613
47,941
126, 256
105,643
28, 508
407, 868
36, 242
89, 807

Loans paid
and other Dividends
paid.
disbursements.

$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
207,607
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, 92"0
263, 065
342, 054
77,508
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
62, 032
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
193,941
316, 828
52, 514
33,105
107,575
79, 725
21,710
262,887
29 377
66, 810

Receiver s
Legal
salary and
expenses.
other
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, 709
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
13,451
13,104
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
12,391
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
73, 899
15, 601
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.

221

CEIVEK, AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL BANKING
AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued.
Balance in
hands of
Comptroller
or receiver.

Amount
Amount of
returned to j assessment
shareholders ' upon sharein cash.
holders.
$50. 000
300, 000
200, 000
50,000
100.000
500. 000
120, 000
26,000
39, 300
100, 000
1
1

1

$1 214

!

!
33. 500 |.
6, 500 !.

400. 000
135, 000

125.
52,
350,
300.
300i

249
202

000
500
000
000
000

400, 000
50,000
100,000
600,000
50, 000
45,000
100, 000

500, 000
200,
150,
34,
50,

50

12
4.185

"7SM~

000
000
000
000

75, 000
50, 000
250,000

9, 488

8, 730

26,720 !
3, 620

60, 000
30, 000
140, 000
132,000
67, 000
50, 000
53, 000
625. 000

72,000

125,277 j
00

200,000

36,871 !
5,849 I

15, 682




35,000
125.000
36. 000
160, 000
50, 000

loo, ooo

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
17l! 468
657,020
597, 885
1,619,965
796,995
992. 636
167. 285
175,081
1,429, 595
67, 292
144, 606
55, 372
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, 350
254, 647
1, 061, 598
298,324
392,394
75,175
29,204
118,371
90, 424
36, 109
"261,887
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
43
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
65.57
100
1G0
100
90.50
88
60
100
38.10
40. 7285

Interest
dividends,
per cent.

50

100
38. 50
100

100
100

100
100

Finally
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
J a n . 3,1876
Feb. 15,1886
J a n . 8,1880
J u n e 1,1881
! Apr. 29,1884
j J u l y 24,1876
Mar. 31,1883
I May 1,1876
! May 15,1876
Nov. 30,1883
Mar. 21,1887
Dec. 6,1882

Sept. 11.1878
June 2.1883
Sept. 18,1876
May 14.1879
Nov. 20,1883
Mar. 19.1879
Apr. 5,1886
June 2.1884
Mar. 4,1886
Mar. 28.1883
Feb. 28,1878
Jan. 31.1881
July 20.1882
Feb. 28,1885
May 23,1888
July 14.1880
Nov. 25.1882
Aug. 11.1884 1
Sept. 14.1881
Jan. 18.1883
July 23,1881
June 10,1880
Mar. 26,1888
Oct. 15,1881
Oct. 5.1885
Mar. 3,1882
Feb.
July
Mar.
Aug.
June
Mar.
Sept.
July
Mar.
Feb.

23,1892
6.1881
9.1882
5,1879
20,1882
9,1885
7, 1885
5,1879
24,1885
12,1889

222

REPORT OF THE COMPTROLLER OF THE CURRENCY.

INSOLVENT

NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF RE
SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS,

Nominal
value of
remaining
assets.

Collected
Total
Collected from assess- collections
m e n t upon
Tom assets.
Irom all
sharesources.
holders.

$30, 065

" '3275I9"
"i59,"605'

11, 877

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
141
142

101,952
8,250
1, 760, 962
4,157
109,416
136, 320
33, 959
1, 499, 931
59, 334
26, 023
155, 259
132, 017
1,239, 925
6, 309

3, 300
2, 259, 078

522,292
285,470
109,178
116,132
61, 545
281,156
24, 305
174,184
40, 860
56,451
171,588
56, 460
133, 935
82,155
56,418
59,707

$78, 573
19, 266
20, 819
156, 601
126, 536
183, 917
157, "
205, 062
96, 605
29, 419
91,121
113, 791
338,162
89, 766
1,366, 608
457, 272
1,191, 340
150,019
281,261
145, 615
16, 577
143, 478
261, 075
4, 229, 032
37,129
294, 779
22, 744
84,440
20, 849
52, 029
625,194
46, 332
79, 289
2, 216, 736
148, 611
245, 704
59, 075
28, 477
77,305
165, 669
198, 513
204,047
64, 363
14,251
2, 579, 324
104, 682
82,069
31,798
139,485
263, 871
920,500
1,391,306
437,763
224,700
186, 976
330, 471
23,497
100,149
507, 246
88, 387
27, 930
70, 410
91, 239
40, 316
17,569
19,707
511, 995
56, 488
28, 024
9,498
26,537
6,806




$1,810 I
2,880
16. 277
72. 57fi
80, 257
54,950
4, 677
23, 001
267. 311
64. 055
495, 550
13, 450
734,724
8. 321
123, 919
5,190
23, 732
12,892
64, 650
272, 474
19.169
76, 936
18, 869
94,200
""'23,503
142,726
50,000
1,400
167,196
58, 304
15,730
36, 700

1,180
301,668
18,135
34,002
34, 656
248, 662
72,577'
37, 900
18, 400
59, 645
32, 500
26, 707
18,500
40, 885
10,019
720
21, 240
33,229
4, 620
3,600

$80,383
22,146
20,819
172, 878
199,112
264,174
157. 782
260. 012
96, 605
34. 096
114.122
113, 791
605,473
154, 421
1, 862,158
470, 722
1, 926, 064
158,340
405,180
150, 805
40,309
156, 370
325, 725
4, 501, 506
56, 298
371.715
41, 613
178, 640
20, 849
75,532
767,920
96, 332
80, 689
2, 383, 932
148^ 611
304,008
74, 805
65,177
77, 305
165, 669
198, 513
204, 047
65,543
14,251
2, 880, 992
104, 682
100, 204
65,800
174,141
263, 871
1,169,162
1, 391, 306
510, 340
262, 600
186, 976
330, 471
41, 897
100,149
566, 891
120,887
54, 637
88, 910
91, 239
81,201
27, 588
20, 487
511, 995
77, 728
61, 253
9,498
31,157
10,406

Loans paid
I
I Receiver's
and other Dividends j Legal
| salary a n d
disbursepaid.
l expenses.
other
I
expenses.
ments.
$2,125
272
1, 633
47,315
53. 898
49, 466
2, 021
57. 745
53
10
8, 420
10, 037
1, 910
194, 579
247
5, 099
3,392
17, 502
17,527
472, 674
64, 035
6, 359
6, 515
1,893
16, 654
174, 080
231
82, 472
16, 261
625
"i6,"i77
106,424
82
163, 069
777
519
1, 017
17,306
782, 390
5,647
5,810
1, 983
1,169
582
1, 466
59,535
25,108
1,177
49,174
31, 303
19,027
2,417
3, 405
41, 906
10, 875
1,552
3, 898
6,0
1, 097

$69,437
16,670
11, 803
100, 870
105, 763
182, 572
137, 428
166, 587
88,176
20, 998
82, 060
96,176
528, 305
99, 847
1, 790, 932
389, 222
1, 534,161
127, 863
321 870
83, 788
26, 809
72, 967
260,191
3, 615, 540
39, 812
275, 684
25, 006
117, 289
8,807
59, 057
651, 266
86, 263
59,461
1,968, 088
131,024
188, 482
22, 558
52,402
66, 394
135, 574
117, 878
82, 946
50, 597
9,492
2,164, 227
86, 442
80,120
46, 546
161, 497
255, 495
1, 084, 638
400, 998
412, 785
217, 660
172, 909
318,554
14, 875
93,051
482, 013
81, 087
43, 289
11,901
46. 375
52, 947
17, 525
11, 828
452, 017
60, 824
51, 600
" " 2 1 , " 361
5,553

$634
1, 488
850
3,838
15,827
5,385
10,245
1,792
7,167
3,225
19,338
2,973
46, 755
45, 449
80, 310
8,911
24, 279
9,652
2, 223
9,657
10,446
105,215
4,745
5,168
2,602
28, 750
52
5,012
46,474
1,825
5,010
95,545
192
2,855
5,705
1,840
1,155
1,425
198
324
106, 232
1,990
7,152
7,746
2, 280
882
26, 496
630
25,755
3, 703
2,988
1, 810
1,342
1, 923
4.690
3/104
5, 032
4, 396
2,089
105
270
137
4,455
250
1,597
1,635
585
745

$8,187
3,716
3, 005
8.176
23, 051
32,136
12,119
24, 551
7,517
11, 296
16,475
6,739
22, 690
10,832
24, 392
34,141
111, 237
18, 227
58, 784
26, 371
7,885
24, 531
20, 031
172, 604
11, 029
26, 828
13,178
13, 386
5,475
9,440
27, 201
8, 244
16, 215
79,144
2, 314
22,713
15, 224
10,299
6,607
7,321
5,208
4,279
11, 582
1, 348
63,262
8, 463
4,802
10, 731
9,845
3,988
29, 469
11,572
28,191
14, 053
9,096
4,622
11, 666
3,348
13, 910
9,876
5,139
10,487
5,250
6, 603
5, 446
2, 551
12, 781
5,417
5,378
2, 667
2,545
2,393

REPORT OF THE COMPTROLLER

OF THE CURRENCY.

CEIVER AND CLOSING, SINCE THE ORGA.NIZA.TIOX OF THE NATIONAL
AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued.
Balance in Amount rehands of
turned to
Comptroller shareholders
or receiver.
in cask

$108
573

$3, 420
12, 679
829
884
859
7,651
25,103
40, 769

79

5, 827
3, 339
25, 895
31, 713
17,530
135, 473
712

827
12, 856
130
26, 325
3
67, 075
15, 057
11

3,364
384, 202

14. 850
7,486
3,149
5,172
75!229
10,074
3 329
7,787
8,130
2, 489

11, 253
37, 962
21, 374
13, 432
6, 743
1, 712

195,716

4, 316
361

12, 952
6, 222
2, 519
1,930
2, 566
836
362
1,126
1,298
651
18




Amount of
assessment
upon shareholders.
$21, 500
17,000
50,000
130,000
121, 750
160, 000
10, 000
50, 000
300,000
75,000
500,000
100. 000
961, 300
50, 000
200, 000
60, 000
50,000
100, 000
75, 000
400, 000
25,000
250. 000
32,500
100,000
50,000
200,000
50, 000
50, 000
300, 000
100, 000
50,000
50, 000

50, 000
1, 000, 000
1*9, 500'
50, 000
60, 000
300,000 i
150, 000
100, 000
100, 000
50, 000
75,000
50,000
50, 000
100, 000
10,000
65,000
12,500
20, 000
24, 000
40,000
80, 000
25 500
11, 000
12, 000

Amount
of claims
proved.
$70,191
27, 801
32, 449
156, 260
282. 370
197, 353
128,832
132.4G1
81, 801
21,182
108, 385
93, 625
580, 592
104, 749
2, 654, 690
894. 767
2, 397! 129
186,993
422, 772
209, 468
46, 441
294, 521
241, 521
4,531,375
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, 328, 619
82, 156
75, 343
210, 074
174,120
247, 920
1,129,983
398, 236
825, 578
435, 319
326, 222
311,028
49,817
90,136
456, 667
108.127
143,454
79. 369
58, 743
75,387
21.907
29.569
465, 760
56, 672
83.980
12,753
30,510
18, 543

Dividends,
per cent.

98. 925
60
100
100
68. 70
100
100
100
100
99.133
81
100
100
100
67.405
43.50
64
70
80.25
40
81.10
25
100
80
100
75.25
95
28.50
100
69.50
100
100
42.37
68
100
100
40

47
100
100
100
100
45
100
50
100
100
22.1568
92.75
100
96
100
50
50
53
100
30
100
100
75
30.177
15
80
70
80
40
100
100
(32. 50
70
30

Interest
dividends,
per cent.

100
100
42. 30
100
100
100
100
100
100

223
BANKING

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

I A p r . 30,1892
i June 6,1892
I
I Oct. 25,1886
100
IOO"

Sept. 25,1889
Sept. 30,1890
! Oct. 29,1885
Jan. 22,1890
Feb. 10,1888
Sept. 30,1890

100
100

June 1,1886
Sept. 14,1891

100
100
100
100

Mar.
Mar.
Aug.
Feb.
Apr.

20,1890
2,1888
18,1887
17,1887
30,1887

Oct. 17,1887
100
100
100

July
Mar.
May
Apr.
Oct.

11,1889
5,1891
13,1892
25.1892
20,1888

160

June 27,1888
! Jan. 15,1891
Jan. 21,1889

100
100

A pr. 24,1890
I Apr. 20,1892

100
100

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
109110
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

224

REPORT OF THE COMPTROLLER OF THE CURRENCY.

INSOLVENT

NATIONAL BANKS, DATES OF ORGANIZATION, APPOINTMENT OF RE
SYSTEM, WITH AMOUNTS OF NOMINAL AND ADDITIONAL ASSETS,

Collected I
r , ,
Nominal P n + ! from assess-! rfotal
value of
Collected m e n + l l l l o n I collections
remaining from assets. s ] iar e_ I from all
assets.
holders. i sources.
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181

$446, 967
191,227
216,143
200, 584
129,083
78, 520
65,431
1, 518, 539
2, 200, 674
50,758
139, 268

472, 599
148, 569
131, 847
109, 692
441, 672
226, 489
137,445
215, 302

$290, 825
36, 950
50, 466
461, 839
64, 005
45,571
37,781
213, 616
227. 208
149,129
40, 599
42,8J 5
102, 064
13,120
7, 961
13, 968
27, 443
62, 679
37, 062
87, 734

83, 238
257,799
130,771
346, 520

12, 510
!, 486, 861
257,577
153.694
198,164
90,277
15, 744
17,014
123,933
22, 007
10, 852
25,137
97.166

94,906
67,902
219, 949
311, 540

54,114,143

7,524
780 I
123,093
227,617
22, 750

82,100

5,911
28, 794
1,317
73, 507

25, 802, 388

$24, 500

' 71,259
2, 450, 859
409, 613
360,220
1,386,681
583,556
83,900
95,913




128, 280
20, 304
"i58, 065
79, 377

27, 980

$290, 825
61, 450
50, 466
461, 839
71, 529
46,351
37, 781
336, 709
454, 825
149,129
63, 349
42, 815
102, 064
13,120
10, 841
13, 968
109,543
62, 679
37, 062
87, 734

$158, 304
16, 307
598
67, 811
20, 935
31, 265
"7,693
5,059
49, 817
8, 000
2,823
32, 214
77, 765
1,142
5,668
8, 878
1,622
17,238
35,580
1,503

12, 510
6, 615,141
277, 881
153, 694
356, 229
169, 654
15, 744
17,014
123,933
22,007
38,832
25,137
97,166
5,911
28,794
1,317
73,507

7,623,760

!T
Receiver's
Loans paid
Legal
salary and
and other Dividends
paid.
expenses.
other
j disburseexpenses.
| inents.

773
62, 074
3,948
51,049
88, 401
2,149
11,674
5, 363
11, 946
4,856
856
4,774
784
;
j
i
j

1, 063
4, 432
204
445

61,737,903 I 6,632,269

$118,323
29,482
40, 023
34.5, 203
44, 792
7,338
22, 868
151, 675
337, 019
131,791
53,763
8,753
14,147
5,607
91, 543
25,269
72, 518
8,482
I, 430, 568
269, 536
69,928
221, 080
155,714
8,745
80, 636
7, 592
33, 618
16, 526
85, 532
23,421
63,094

$3,592
1,143
621
4,840
255
748
1,393
14,190
6,955
122
276
18
426
121
848
139
1,219
48
501
95
13, 697
1, 073
4,768
858
8
606
114
74
550

$10, 368
3,503
6,655
13, 314
4,656
2,675
3,424
23,669
17, 882
3,555
2,015
1, 830
6, 075
2,182
2,059
1, 692
3,189
4,284
1,140
2, 971
1, 993
38, 538
3,921
3, 516
5, 913
4, 927
1,631
1, 427
2, 655
2, 015
1, 773
2,287
3,364
445
326
437
162

48, 052, 938 I 1, 677, 469 | 3, 055, 824 !

REPORT OF THE COMPTROLLER OF THE CURRENCY.

225

CEIVER AND CLOSING, SINCE THE ORGANIZATION OF THE NATIONAL BANKING
AMOUNTS COLLECTED FROM ALL SOURCES, ETC.—Continued.
Balance in
hands of
Comptroller
or receiver.

Amount returned to
shareholders
in cash.

$238
11, 015
2,569
30, 671
891
4, 325
2, 403
142,116
43,152
5, 661
4, 472

Amount of
assessment
upon shareholders.

$100,000
38,000
39, 000
500 000
750 000
37,500

4,077
3, 763
2, 993
2, 550
13, 050
14, 669
291
10, 241

45, 000
54,000
150, 000

1,167
70,264
476
28,128
3«,067
6,006
2,431
873

400, 000
100, 000
500,000
250, 000
$28, 696

7,430
2,511
1,542
6,936

82,000

9647-

$236, 647
98,274
114, 363
384, 313
111, 980
40,508
34, 517
1, 516,787
1, 686,102
155, 048
87, 073
8, 753
94, 360
37, 335
71,970
36, 768
263,372
101,077
9,274
145, 035
39,239
7, 565, 376
539,071
280, 844
735, 673
521, 935
12,282
34,982
79, 330
25, 399
134,473
82, 636
171, 065
7,723
33, 457
5,486
214,378

4,317
518
676
9,806
1,459, 528

Amount of
claims
proved.

859, 875

-15




17, 925,850

70, 830, 366

Dividends,
per cent.

Interest
dividends,
per cent.

50
30
35
90
40
20
70
10
20
85
62.50
100
15
20

50
25
85
50
25
30
30

70
30

343
144
145
146
147
148
149
150
151
152
153
J u n e 30,1892 154
155
156
i
157
158
159
160
161
16'?
Feb. 15,1892 f 163
164
165
166
167
168
169
170
171
Oct. 12,1892 175
173
174
175
176
177
178
179
180
181

1

35
25

25
100
30
25
20
50

Finally
closed*.

100

ABSTRACT OF REPORTS OF CONDITION
OF

State Banks, Loan and Trust Companies, Savings and Private Banks,
1891-'92,
ABBANGED BY STATES, TEEBITOBIES, AND
GEOGRAPHICAL DIVISIONS.

NOTE.—Reference marks in the tables following indicate the character of the source of information
from which reports were received.




227

228

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTKACT OF REPORTS OF CONDITION OF STATE
RESOURCES.

Loans on colDate of re- No. of
banks. Loans on lateral se- Other loans
port.
real estate. curity other and disthan real
counts.
estate.

States, etc.

New Hampshire (no report)
Khode Island
-•
Connecticut
-

Total Eastern States.
1 New York .
2 New Jersey
„
3 I Pennsylvania
Delaware*

Maryland*
Total Middle S t a t e s .

i Nov. 37,1891
j Oct. 1,1891

$1,439, 646
4, 828, 996
14

J u n e 11,1892
Dec. 31,1891
. Nov. —,1891
. - . . - ! J u n o (JO, 18Q2
' .do .
!

6, 268, 642

190
22
82
4

Florida*
Alabama*
Mississippi
Louisiana!
Texas
Arkansas*
Kentucky
Tennessee*.....

May 17,1892
J u n e 30,1892
J u l y 12,1892
J u n e 30,1892
....do
....do....!..
....do
May 17,1892
June 30,1892
....do
.do .
.do.
.do-

28
162
63

Total Southern States.
Missouri . . .
Ohio
Indiana
Illinois
Michigan ..
"Wisconsin .
Iowa
Minnesota .
Kansas
Nebraska I.

May 16,1892
Oct. 5,1891
Oct. 31,1891
J u l y 28,1892
Sept. 30,1892
J u l y 4,1892
J u n e 30,1892
J u l y 12,1892
J u n e 4,1892
J u l y 12,1892

July - , 1892
July 1, 1892
June 30, 1892
.do
J u l y 30, 1892
May 14, 1892
J u n e 30, 1892
do
J u n e 10, 1892
J u n e 30, 1892

21
161
12
5
68
110
8
4
11
31

Virginia
W e s t Virginia*
N o r t h CarolinaSouth Carolina*
Georgia*..

10

Total Western States .
Colorado
California
Oregon * ..
Arizona* *
.
North Dakota.
South Dakota.
Montana*...'..
New Mexico tUtah
Washington *..
Wyoming * . . .

219, 848,145

535,059
277,914
2, 206, 834
96,183
131, 785

83, 225

558, 507

29, 324
1,623, 541
279, 075

797, 071
4,172, 858
986, 239

3, 513, 899

9,762,450

422
77
72
78
41
109
141
117
281
525

6, 228. 805
9, 650, 423

....do ..

t Semiofficial (all others official).

17, 212, 606
3,537, 240
4, 806, 965
2, 812,783
9, 342, 452
271,686
956,176
6,348,189
6,979, 475
759, 590
1,472,874
35, 460, 502
6,483, 842
96, 444, 380
59, 941,730

13, 584, 802
8, 010, 652
22,806,909
5, 286, 569
35,318,038
19, 717, 225
30,420, 044
13, 785, 782
26, 896, 402

1,056, 066
16, 935,294

Total United States




1, 339, 335

574

Total Pacific States, etc .

* Unofficial.

$1, 339, 335

5,955, 372
203,775
641,140
118,181
461,999
63,139
10,500

306

$5, 396, 633
527,134
31,605

182, 227, 338
6, 794, 049
27, 559, 579
973, 396
2, 293,783

13, 584, 802

17,301,942
298,558
96,805

16, 640,457
274, 936
169,446

55, 965

364,869
21, 881

'398*046"

745,459

222,183, 351
110,508
763, 082
928, 072
197, 241
321,534
168,003
726,771
217, 958
893,218
610, 408
69, 542

434

18, 621, 011

18,217, 048

67,006,337

3,191

45, 025, 576

42, 903, 635

611, 750; 855 I

\ Includes all banks other than national.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

229

BANKS IN THE UNITED STATES, 1891 -'92.
RESOURCES.

Overdrafts.

United

States
bonds.

State,
county, Railroad
munici- bonds and
pal, etc., stocks.
bonds.

Bank
stocks.

from Real
Current
All other Drie banks tate, es- expenses
bonds and other bank- niture,fur- and taxes
and
and
stocks.
ers.
fixtures.
paid.

$83,939

$132,594
1, 021, 496

$158, 810
1,195, 382

$169,967
174, 738

$16,265
12, 824

83,939

1,154, 090

1, 354,192

344, 705

20, 261
180, 385
168, 670

$474, 800

901,338
19, 284
222,498
10,204
26, 732

1,497

28, 000

$21,143
482, 373

350, 552

502, 800

503, 516

163, 087
2,900
76, 622
9,827
118, 941
10, 922
10, 705
43, 246
38, 665
21. 278
179, 025
72, 222
747, 440
1, 260, 383
459, 808
161, 570
157, 066
59 253
305,125

108, 597
29 680
11,414
75,518
2,000

$8. 450
252, 844
201, 294

58, 225 19, 658,016

20,775

32,425

17, 249

1,800
4,085
21, 350
1, 700

58 506

1, 970,331
702,189
238, 530
874,482
263,433
771,965
149,512
237, 630
480,701
1, 899, 269
44,529
196,309
90, 375
212, 384
531, 597
1,368,236
366, 690
199,457
81, 021
43,198
126, 847
814, 795
5, 852,138 1,568, 542
428,121
1, 503, 240

158, 294

24, 850 1, 032, 730

196, 318

757, 731 5, 449, 907 15,943, 434

80, 691
232, 735
19,540
7,068

384, 473

387, 449

52, 548
84, 230
13, 360
38, 873
76, 775
24, 702
1,500
133,116
44,489
2,134

197,138
78, 737

471, 727

389,671

2,000

912,123 2, 313, 366

459, 612

22, 050
11 263




180, 366
77,337
50,185
44, 330
69, 381

2,000

5, 244, 257 1, 675, 856
3, 291, 670 1,965,597
2, 818, 796 1, 000, 782
40, 977, 680 10, 951,536

219, 453
445,440
4, 432. 076 10,038,420 5, 552, 093
92, 860
165,160
439,' 887
65,245
20, 951
6,567
194,216
268, 094
39,881
470,810
750, 560
63,344
119,224
217,059
17,492
10, 925
154, 231
2,000
318,191
337.156
559, 280
347,126
78,647
3,832
23,164
329
2,000

1
2
3
4
5
7
q

10
11
12
13

794, 310

14, 255,147

i

80,483

5, 072, 087

517, 410
572, 741
712, 396

7,020
37,419

3,225, 067

146,215
36, 804
51,236
25,809
135,762
11, 770
25, 398
70, 346
63,856
2,900
44, 622
81, 768
97,824

5, 822, 948 10, 535, 029 3,195, 768
2, 212, 831 3, 219, 528
990,156
351, 313 2,116, 514
383, 478
693, 232 4, 814,128
438, 833
998, 255 1, 253, 048
271,584
2, 374, 021 7,684,710 1,029,482

387, 449

1
2
3
4
5

33, 586, 645 8, 062, 853 1,180, 056

7, 000
688,871
500

196, 652
311,424
313,786

4, 815, 047

1, 804,818
60, 633
143,767
370, 654
723, 867
22, 705
49, 000
354, 383
247, 246
2,419
102,421
1, 358, 350
209, 638

9 031
710, 861
26, 223

24,850

1
2
2

29, 089

11,773 917 26 665 9m 5, 657, 824
633,892 1, 067.187
215, 897
6, 845, 247 5,158, 027 1, 724, 342
6,815
71, 975
347,145
216, 758
392, 815
51, 410
57,815
479, 382

$20, 261

5, 078, 223 12,767, 361 7, 606,129

1
2
3
4
5
6
7
8

134, 776
325,638 q
58, 214 10
940, 227

1
2
9,672
19,809 4
71, 503 5
118, 877
8,906 7
880 8
22, 225 9
64, 512 10
2,455 11
16,474

335, 313

901, 895 45,595, 383 104,629, 312 32,037,310 3, 278, 995

230

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS
RESOURCES.

States, etc.
New Hampshire (no report) .
Rhode Island
Connecticut
Total Eastern States.
New York
New Jersey...
Pennsylvania.
Delaware *
Maryland*
Total Middle States.
Virginia
West Virginia *.
North Carolina..
South Carolina*.
Georgia*
Florida * ...,
Alabama*..- —
Mississippi
Louisiana t
Texas
Arkansas *
Kentucky
Tennessee* .....

Cash and
casli items.

Other
resources.

$92,534
448, 357

Total.

$2, 093, 755
7, 702, 054

540. 891

9, 795, 809

59,122, 944
514,543
3, 264, 5(35
75, 323
452, 427

$593, 630
59, 413
2, 684, 880
13, 924

287,122, 667
9,472, 935
53, 330. 571
2, 258' 343
5, 903, 942

63, 429, 802

3, 351, 847

358, 088, 458

1, 516, 998
529, 957
449,548
322, 746
1, 612,183
117,185
127. 565
830,143
3, 927, 062
382, 965
326, 300
7; 267, 636
1, 349, 598

32, 850
926

136, 859
133, 821
34, 668

23,549, 094
6,182,103
7, 234, 356
4, 340, 748
17, 355, 582
895, 382
1, 615, 588
9,502, 894
12,527,744
1, 310, 758
3, 889, 322
59,281,063
11,471,190
159,155,824

2,478
276, 722
37, 604
474

Total Southern States.
Missouri...
Ohio
Indiana
Illinois
Michigan ..
Wisconsin .
Iowa
Minnesota .
9 Kansas
10 Nebraska £..

18, 759, 886

656, 402

11,266, 795
2, 476, 084
1,115, 531
3,175, 495
527,262
4,443, 323

10, 229
3,682
19, 508
10,077

82,488

98, 332,149
33, 404,411
12, 239, 617
32,162, 424
8, 450, 378
51, 224, 080
26, 247, 649
41,863,108
23, 294,847
33,912, 977

Total Western States ..
Colorado
California
Oregon *
Arizona*
North Dakota.
South Dakota.
Montana*
New Mexico t. Utah
Washington * .
Wyoming*

30, 639,112

6, 667,502

361,131, 640

323,066
13, 985,132
361, 073
66,549
291, 063
407, 467
198,990

220,401
4, 977, 006
11,212
1,542
334, 041
55,483
958

304,576
345,749
13, 334

21, 057
31,593

3, 387, 890
125, 690, 208
3, 687,710
668,778
3,559, 205
5, 308, 457
2, 227, 403
544, 228
3,029, 539
4,307, 792
114, 790

Total Pacific States, etc.
Total United States

3, 663, 019
1,978,909
1,

16, 375, 887
129, 745,578

6,530, 424
11,094

5, 653, 293

152, 526, 000

16, 329, 044 1,040,697,731

•Unofficial, t Semiofficial (all others official). I Includes all banks in the State other than national.




REPORT OF THE COMPTROLLER OF THE CURRENCY.

231

IN THE UNITED STATES, 1891-'92—Continued.
LIABILITIES.
Capital
stock.

Surplus.

Other undivided
profits.

State-bank Dividends
unpaid.
notes.

Deposits.

D u e to
banks.

Other
liabilities.

1
$916, 675
2, 340, 000

$536, 521

3, 256, 675

536, 521

$974

$166, 404
147, 768
314,172

974
8,060

$5, 614
3, 407

$86!!, 887
4, 082, 611

$104, 079
591, 747

9,021

4, 946, 498

695, 826

32, 303,700 15, 343, 921 10, 648,402
770, 500
244,125
1, 735, 850
8,456, 860 3,662, 214 1,164, 344
41, 664
346. 050
680, 000
416, 000
158, 212
1, 612, 200

71, 065

197, 876, 506 27,135, 043
250, 483
13, 701
6, 331, 477
381, 499
39, 302,116
63, 012
1,121, 336
3, 638
40,648
3, 647,825
21, 057

44, 788, 610 20, 538,685

79,125

38, 396

6,138,147
1, 343, 537
2,122, 500
1, 533, 027
5,961, 595
238, 550
748, 050
3,115, 836
2, 820,121
450, 000
1,223, 894
19, 220, 852
4, 017, 967

1, 593, 697
362,618
325,714
134, 821
1, 283, 337
14, 330
36, 018
353,760
396, 267
129,855
90, 416
5, 560, 878
610, 254

48, 934, 076 10,891,965

12, 256, 747

4,725
11, 719
3, 499
12, 588
78, 456
132
48, 373
1,164
398, 735
24, 902

13, 918,941
4, 228, 791
3, 792, 462
1, 832,983
8, 380, 370
599, 513
705, 691
5,190,963
8, 515,934
662, 940
2, 233,188
31,283,511
6,105, 364

56,910

584, 293

87, 45<*. 651 3, 096, 537

1

18. 265, 545
6,492, 605
3, 586, 700
6, 565, 500
2, 016, 000
6, 286, 900
7,430, 200
8, 631,000
7, 953,353
14,032,650

8, 235, 860
1, 006, 055
521, 939
1, 802,972
393, 357
2,145, 407

569, 284
303,176
589 325
246,183
643, 648

894, 893
711, 333
814, 970

81,260, 453

16, 526, 786

5, 360, 739

223

223

824, 739




36,122
3, 807, 035
126, 799
292, 473
2, 643
8,000

]
c
4

4,236,950
1
588, 080
3,216
405, 565
521, 408
560,187
13,122
43. 289
c
461, 495
!
34, 968
1,787 1C
61,140 11
377, 074 VA
103, 469 12

I
*
(
r

3,264, 800

67. 234,147
24; 518, 054
7, 654, 964
21,155, 695
5, 609, 274
41, 659, 713
16, 361, 012
27, 977,874
12, 823, 209
15,123, 847

3,185, 642
434, 774
87, 773
1, 951, 509
116, 888
1, 864, 814
185,860
764, 893

1, 410, 955 j
369,259
77, 582
a
92, 629 -A
r,
67,149
477, 387 c
2, 456, 437 r
823,375
758, 510 s
2, 642, 805

97,409

240,117, 789

8, 592,153

9,176, 088

li 380

101, 416

7,483
4,794
1, 527
10, 802

11, 000

63, 202
36, 943

11,495

208, 343
104J 671
12, 483
87, 253
146, 705
3,723

1,671
1,200
2,000

233, 751,171 66, 725,191 23, 632, 989

15, 406
18,280
170,416
1,199, 021
247, 529

3

50, 259
1,300
6,804

1, 620, 893
861, 282
526, 948

55,511, 357 18, 231, 234

511, 575
114,886
302,933
82, 224
418, 856
9,184
6,227

48, 345

4,876,592 \

116, 780
1,185,775
45,776,743 17,548, 632
53, 901
1,342, 000
23,670
281,064
229, 620
879,814
108, 679
1, 890,141
29, 940
607, 000
1,000
145,000
71, 500
1,369, 720
46,904
2,002,100
608
32,000

248, 279, 260 27, 870, 685

8,565

793. 929
117, 336
191,683
223. 697
672. 781
20^ 551
76, 313
380, 840
688,110
46, 732
110, 268
1,192, 647
361, 705

J530,122

420
27, 786
137,232

1, 899, 225
53,247, 263
2, 204, 217
298, 654
2,110, 310
2, 823, 429
1, 433, 890
372, 752
1, 384, 047
1, 867, 365
78,459

8, 055,270
12, 895
13,447
25, 717
17, 308
4,951
10,993
57,160
143, 730

67,719, 611

8, 341,471

73, 694
1, 062, 300

1
£

15, 000
313, 744
198,886
45, 751
59,859
100,568
1,869, 802

756, 905 648, 513, 809 48, 596, 672 18,583,762

A
F

{

i
c
1(
11

232

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OF CONDITION OF LOAN AND
RESOURCES.

Loans on colDate of re- No. of
banks. Loans on lateral se- Other loans
port.
and disreal estate. curity other
than real
counts.
estate.

States.

1

Maine

2 New Hampshire (no report)
3 Massachusetts
4 Rhode Island
5 Connecticut

Aug. 31-Nov.
30,1891.

12

Oct. 31,1891
Nov 17 1891
Oct. 1,1891

18

Total Eastern States
1
2

New York
New Jersey
;j
Pennsylvania*
4 Delaware*
5 Maryland*
6 District of Columbia

do

July 12,1892

Total Middle States
1

2
3
4
5

Missouri *
Illinois
Iowa *
Minnesota
Michigan
Total United States

20,341, 661
4 629,804
2,981, 210

27, 704,961

29,540,734

32 13,373, 463 173, 5o2, 829
3,110,028
15
33 8,461,417 40,463,832
379, 802
1
297, 880
6,134, 756
2
43, 825
1,983,294
3 3,110,729

17,210,145
1,272, 800
4, 337, 202
250,468

25, 287, 314 225, 624, 541

23,080, 291

88

15,249,488

9,676

5
8
8
9
3

3, 246, 991

2,211,132

9,914, 502
1,400, 527

873,260

362,793
17,076,155
297,850
3,197, 956
205, 053

33

June 30,1892
July 28,1892
June 30,1892
Julv 12 1892
Sept. 30,1892

Total Western States

12, 084, 270 $26,070,011
1 634 950
2 294 610

10
47

Jan. 1,1892
Dec. 31,1891
June 30,1892
do

$1,588,059

$870, 608

14, 562,020

3,084,392

21,139,807

55,098, 822 256,413, 894

73,760,832

168

RESOURCES.

States.

1 Maine
2 New Hampshire (no report)
3
Massachusetts
4 Rhode Island
5 Connecticut
Total Eastern States
New York
New Jersey
3 Pennsylvania *
4 Delaware *
5 Maryland *
6 District of Columbia
1

Total Middle States
1
o
J

5

Missouri *
Illinois
Iowa *
Minnesota
Michigan
Total Western States
Total United States




Cash and
cash items.
$113,128

Other
resources.
$237,387

Total.
$4,279,477
81,862, 706
15,416,859
5,838, 267

4,129, 419
850,123
183,126
237,387

107, 397, 309

4, 604, 330
369, 639
938,074

300,7657575"
8, 933,149
103, 821, 308
1, 600,660
10, 022, 324
8, 321,477

12, 632, 756

5,912, 043

433, 464,493

37, 348
4,083,913
60,149
481,184
28. 899

932,571
45,599
435, 616
199, 238
4,726

8,171,283
28, 540, 659
13, 660,169
7,456, 744
1, 554, 251

4, 691, 493

1,617,750

59, 383,106

22,600,045

7, 767,180

600, 244,908

5, 275, 796
'303^ 485
4, 784, 619
8.564
102, 305
159,812

* Unofficial (all others official).

REPORT OF THE COMPTROLLER OF THE CURRENCY.

283

TRUST COMPANIES IN THE UNITED STATES, 189i-?02.

United
States
bonds.

Overdrafts.

State,
county, Railroad
munici- bonds and
stocks.
pal, etc.,
bonds.
$182, 973

$335, 416

Bank
stocks.

$60, 014
490, 572
88, 280

865, 288
1,023, 173
1,449, )50

1, 639,023 3,338,083 1 0 , 4 6 5 , 2 0 1

638,866

11, 308

1r
, r.3.802

15, 049, 721
603
15,163

$498,991

7. fi'2,843
\
! 2.50" 942

$1, 139, 023
500, 000
$6, 798
6,798

D u e from
Eeal es- Current
All other
other b a n k s tate, fur- expenses
bonds a n d
and bank- niture, and and taxes
stocks.
paid.
ers.
fixtures.

376, 556 i6, 734, 876
76 000
172,284
2,192,471
100, 250
203, 200

1, 165, 034

448

16, 214 16,417, 955 2, 745, 277 16, 907,1G0

5, 727,435
25,786
8fi7, 308

1,195,102
678, 963
306,840

216,774
8,926
13, 935

6, 90JJ, 396

2,305, 039

249, 535

26, 753, 732
708, 992
12, 978, 938
292, 850
386,969
874,702

6, 864, 866
571, 788
7,940,353
73, 705
484,976
1, 653,086

220, 509
18, 833
23, 724
5,793

51,175 44, 935, 951

41,996,183 17,588,774

268, 859

2, 850

427, 803

19 571

242. 489

320, 951

2, 600

1
2
3
4
5

3,837, )02

245, 339

425
380
378
564
204

9,579
14, 740
41,732
48, 704
15,120

2, 723, 951

1
2
3
4
5

648,269

389,389
4, 826, 097
627,460

918, 303

3, 743, S92

6, 069, 746

155,999 18, 059,578 6,404, 311 27,617,700 1,608,344* 52, 516, 845

1
9
3
4
5
6

129,875

54,975,325 22, 617,764

490, 500

63,840
2, 370, 673
151, 359
351, i71
806,; 1:49

2,600

132,987

$9,900

36, 082, 518
2, 595, iU
51,175 5, 353, 560
30, >,74
653,
220,487

301, 380

10,182
92,502
30 303

$124,134

$258, 867

226,800

175,
28,
475,
1, 777,
267,

LIABILITIES.
Capital
stock.

Surplus.

Other undivided
profits.

$1,008,900

$72,300

$121, 72S

8,275, 000
2,353,820
1, 111, 600

3, 730, 288
52, 300
275, ?52
4,130, 340

3,180, 549

$181,700

Deposits.

Due to
banks.

$2,516,143

3,386

181,700

$2, 381

"'Hi'

2, 232, 269
581, 254
245, 297

12, 749, 320

Debenture Dividends
unpaid.
bonds.

61, 553, 543
12, 429, 071
3, 934,765

267,467

6,481

80,433, 522

273, 656

Other
liabilities.

234,466, 697
6, 507, 679
60, 686, 280
795, 870

$6,189

$370,135
6, 071, 606

1
o
3
4
5

6, 441, 741

25, 650, 000
1,470, 000
21,343,678
500, 000
1, 500, 000
3, 250, 000

31, 380,
125,
7, 524,
70,
619,
200,

877
900
526
000
206
000

3, 938, 921
316, 740
6, 479,196
29, 740
270, 701
95, 532

361,200

4,153, 663

11,082

5, 329, 080
437, 970
7, 483, 790
205, 050
7, 632,417
250,000

53, 713, 678

39, 920, t 509

11,130, 830

361, 200

72, 762* 306, 610,189

317, 018

21,338, 307

3,050, 000
4, 710, 000
2,122, 038
3,570, 936
730, 000

70, (300
1, 253, \200
303,. 567
122 iL31
25, ()00

6,5,503
79^I, 030
29*3,986
41*«. 643
5(5,860

1,958, 055

814, 691
130,138
1, 015, 078
1,148,964
36, 649

14,182, 974

1, 773, 898

80, 645, 972

45, 824, 747




72, 762

74, 860
231,076

8, 864, 325

21,336
2,166
5,734

2,177, 830
18, 551, 857
1, 001,399
2,196, 070
689,129

13,868
3,101, 268
49, 042

1, 632,022

10, 822, 380

29, 236

24, 616,285

3,180,791

3,145, 520

15, 943,401

11, 365, 280

108, 479

411, 659,996

3, 771,465

30,925,568

16, 613

1
2
3
4
5
6

1
2
3
4
5

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS, 1872-'73 TO 1891-'92.
1872-73.*

Total
Liabilities:
Capital stock
Circulation
Surplus
Undivided profits...
Dividends unpaid-..
Deposits
Due to banks
Other liabilities
Total

1874-'75.

1875-'76.

1876-77.

1877-'78.

1878-79.

1879-'8O.

1880-'81.

1881-'82.

—banks.
Resources:
Loans and discounts
Overdrafts
United States bonds
Other stocks, etc
Due from banks
Heal estate, etc
Other resources
Expenses
Cash items
Specie
Legal tenders, e t c . . .

1873-74.
—banks.

551 banks.

633 banks.

592 banks.

475 banks.

616 banks.

620 banks.

652 banks.

672 banks.

$119,332,341 $154,377,672 $176, 308,949 $178,983,496 $266, 585,314 $169, 391,427 $191,444,093 $206, 821,194 $250, 819, 420 $272, 520, 217
447,302
348, 604
516, 565
319, 959
377,297
528, 543
1, 335, 310
1,196, 369
237,104
212, 772
869,144
929, 260
344, 984
2,150, 880
7, 739,203
12,048,452
1, 544, 296
1,961,447
7,142, 532
8, 739,172
23, 209, 670* 19, 398, 287 21, 916, 024 17,117,117
23, 667, 950 19, 364,450
24, 904, 903
9, 617, 667 16,437, 815
19, 780, 527
23, 096, 812 25, 201, 782 25,107,149
22,169,065
19, 851,146
46, 657, 328
19,050,046
36,180, 435
12,605,100
49, 919,183
8, 561, 224 12, 609,160
14,264, 835 . 14, 227, 927 13, 914, 238
9, 005,657
11,092,118
5,372,186
3,269, 233
13, 037, 939
6, 863,083
9, 221, 760
6, 442, 710 10, 694, 390
1,164,999
4,909,190
944, 079
5, 801, 796 10,542, 266
12, 306. 578
1, 559, 404
801,005
914, 726
965, 327
1, 284, 344
1,353,066
1, 211, 416
886, 348
878,696
999J 944
16, 900, 325
8, 624,086
9, 059,547
9, 816, 456
7,320, 845
8, 767, 391 11,176, 374
10,434, 018
18, 977, 324
18, 546, 073
1, 926,100
1,156,456
2, 319, 659
3,041, 676
1, 979, 701
1, 980,083
3, 020,139
6, 201, 617 17,071,445
17, 201,489
34,415, 712
25,126, 706
26, 740, 215 27,623,988
28,480, 374
37, 088, 961 48, 828, 255 23, 797,046
8,447, 776
24, 586, 682
272,338, 996

278, 255, 852

383, 257, 704

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, 532 69,084,980
177, 653
153,432
6,797,167
2,942, 707
9,002,133
12,363, 205
83, 722
337, 290
137, 594, 961 165,871,439
14, 241, 604 10, 530, 844
10, 463, 357 10, 791,058

80,425, 634 110,949, 515
388, 397
387, 661
7,027, 817
5,665, 854
10,457, 346
18, 283, 567
393,419
335, 904
157, 928, 658 226, 654, 538
13, 307, 398
9,412, 876
8,327,183
11, 567, 789

104,124,871
90, 816,
389, 542
283,
7,983, 996
16,667, 574
18, 816,
11, 693, 064
5, 666, 221
6, 721,
324,176
501, 831
474,
142,764,491 166, 958, 229 208, 751,
10, 348, 911 13, 093,069
18,462,
9, 215, 603
8,438, 003
10, 577,

178,881,407

237, 402, 088

278, 255,852

277, 911, 831

272,338,996

383, 257,704

277, 911, 831

315,839, 340

178, 881,407

95,193, 292

315, 839, 340

354, 904,486

418, 956,060

438, 834,173

92, 922, 525
274, 941
20,970,167
7, 943, 466
567; 171
261, 362, 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

354,904,486 | 418,956,060

O

o

Q
O
O
F

438,834,173

* In compliance with House resolution, making it one of the duties of the Comptroller of the Currency, the Annual Eeport 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.




d

i

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS, 1872-'73 TO 189I-'92—Continued.
1882~'83.

Total.
Liabilities:
Capital stock.
Circulation...
Surplus .
Undivided profits ..
Dividends unpaid ..
Individual deposits.
Due to banks
Other liabilities
Total .




1884-'85.

1885-86.

975 b a n k s .

849 b a n k s .

1886-!87.

122, 358, 227
1,392,961
5, 287, 606

817 b a n k s .

1887- 88.

1888-'89.

1889-'9O.

1890-"91.

1891-'92,

2,572 b a n k s .

3,191 b a n k s .

$331,049, 510
1, 262, 725
2, 337, 705

$347, 880, 520
1, 349, 998
2,994,806

$34, 266, 559

$37, 247, 244

$45, 025, 578

97, 583,192
376, 623, 827
3,071, 724
3, 051, 722

77, 806,
469, 397,
,063,
, 313,

917
745
263
757

78, 509, 230
507,461.243
4, 044, 702
1,100, 307

42,003,635
611, 750, 855
4,815,047
912,123

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
426, 850
37, 529,420
82, 531, 530
28,791. 441
15. 281, 566
2, 865; 083

120,765,422

107,453, 889

30, 544, 699
64, 774, 881
20, 475,102
15, 237, 643
2,123, 672

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

-110, 845, 718

10.5, 314,947

133,210,164

528, 695, 920

684,781, 845

671, 707, 317

796,035,613

125, 258,240
98,129
30, 669, 575
11, 574,736
493,926
344, 307, 996
29, 950, 453
11, 209, 706

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,
148,
41, 374,
15, 510,
1, 045,
410, 047,
34, 538,
14,109,

166, 651, 582
120,161
48, 030, 464
16, 810, 573
762,838
507, 084, 481
43,167, 031
13, 408, 483

553, 562, 761

528, 695,920

684,781,845 I 671, 707, 317 j 796,035,613

32, 644, 859
59, 062,405
15, 873, 312
5, 791. I l l
1,130,883
25. 972, 922
29, 867,724
30,994, 221

27,194, 693
49, 747, 429
14, 605, 853
8, 224, 886
1, 047, 782
51,668,218
24,734, 684
14, 726, 940

512,137,026

521,077,766

553,562, 761

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, 305, 669
27,125,108
13, 712, 513

512,137,026 |

521,077,766

31,452,
48, 836,
15, 058,
7, 671.
1, 025,
28,219,
25, 376,
28, 787,

2,101 b a n k s .

$331,183,626 $435,854, 364 $432, 002,663
2, 001, 781
2. 395, 610
1,169, 388
2, 097, 634
2, 530,156
4, 392,421

019
689
411
876
237
414
565
615

22, 083, 304
58, 709, 516
13,592,791
9, 943, 706
918, 403
35. 118, 379
17* 429, 817
25, 302, 316

1,413 b a n k s . 1,403 b a n k s . 1,671 b a n k s .
$31,128, 369

754 b a n k s .

Resources:
Loans on real estate
Loans on collateral security
other than real estate
Loans and discounts
Overdrafts
United States bonds
State, county, and municipal
bonds
Railroad bonds and stocks...
Bank stocks
Other stocks, bonds, etc
Due from banks
Jteal estate, furniture, etc...
Other resources. . Expenses
Cash items
Specie
Legal tenders, etc

1883-'84.

870,812,131

2, 313,
459,
901,
45, 595,
104,629,
32, 037,
16. 329.
3, 278,

366
612
895
383
312
310
044
995

905,994,142

f

208, 564, 841
110, 534
60, 006, 623
21,109, 910
709,830
556, 637, 012
38. 826. 003
20. 029, 389

870,812,131 |

W

129, 745, 578

905, 994,142 1, 040, 697, 731

188, 737, 307
120,148
51,937, 077
21, 823,544
781,819
553, 054. 584
37, 016, 371
17,341,281

O

1, 040, 697, 731

2
o
Hi

to

236

REPORT OF THE COMPTROLLER OF THE CURRENCY.
AUSTKACT OF REPORTS OF CONDITION OF THE MUTUAL AND STOCK
RESOURCES.

Date of
report.

State, etc.

No. of
banks.

Loans on

Loans on collateral Other loans Overand
security
real estate. other than discounts. ! drafts.
real estate.

MUTUAL SAVINGS BANKS.

Maine
-New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

, Oct. 31,1891

Total Eastern States.
New York
New Jersey...
Pennsylvania*

Oct. 31,1891
Nov. 17,1891
Oct. 1,1891

53 $6,964, 744
71 30,566,428
21 10, 877,871
180 153,727,164
38 26, 828, 042
87 49,440,464

$6,055,317 $1, 869,140
6, 652,942 7,153, 803
473,195 1, 480, 814
5, 879,110 101, 660, 614
3, 741, 400 7, 373,177
9, 508, 866 3, 623, 830

278,404,713

J u n e 30,1892
..do.

32, 310, 830 123,161, 378

Jan. 1,1892
....do
Nov. a n d
Dec, 1891,
and June
30,1892.
June 30,1892
....do

122 274, 219, 704
24 14, 326,412
12 16,036,614

7,470, 329
1,743, 338
6,454, 590

3, 013,129
5,465,869

2, 223, 647

318, 972
128, 227

Total Middle States ..
12 Total Southern States, June 30,1892
West Virginia.!

181 313, 061, 728

17,891, 904

447,199

Delaware t.
Maryland!-

Ohio!
Indiana
Wisconsin.

-.-.do
Oct. 31,1891
July 4,1892

Total Western States..
Total mutual savings
banks.

23,186

179, 614
8,294,909 i 2,541,464
2,793,756 \
11,088,665
643 602,734,720

2,541,464

258, 208
112,059 |
370, 267

52, 744,198 124,002,030

STOCK SAVINGS BANKS.

16 Total Eastern States, Ver- June 30,1892

Pennsylvania!
Maryland!
District of Columbia t
Total Middle States .
West Virginia !
North Carolina
South Carolina !
Georgia !
Florida!
Alabama t
Louisiana
Texas!
Arkansas t
Tennessee !
Total Southern States.
Ohio!
Illinois
Michigan .
Iowa
Minnesota
Total Western States.
Colorado
California
New Mexico* .
Utah
Washington!.
Total Pacific States, etc
Total stock savings
banks.
Total all savings banks

1,423,638

3,172,297

....do
.do .
....do

403,526

793, 406
335. 531
42, 042

mont.

1,830,232
8,500
19, 045

548, 853
807,680

1, 857, 777

1, 356, 533

145,995

244, 386
135, 809
2, 013,113
180, 441
30, 011
625, 542

11, 732

1, 095, 226
273
550, 347
54,659
52, 826
417,332 1, 206, 579

*"i*286'
80
6,408

1,170,979
June 30,1892
July 12,1892
June 30,1892
....do
.do.
.do -

25, 755
118, 865
464, 621
728,535
41, 258
247,992
75,391
22,420
178, 516

.do.
.do.
..do.

*964,"449"

11
654
315

51

July
July
June
July
June
June

* Semiofficial.



1,903, 353

3, 615, 464

4,490, 813

21, 234

12
22
95
104
13

3,349, 022

4, 209,121

1,108,859
32,154, 919
31,828,523
26, 072, 069

4,314
38,106
146, 688

3, 507,316

3,454, 692

246

J u n e 30,1892
J u l y 28,1892
Sept. 30,1892
J u n e 30,1892
J u l y 12,1892

6,856, 338

7,663,813

—, 1892
1,1892
30, and
5,1892.
10,1892
30,1892

98, 505, 071 12, 257, 726
73,258
78,252
416,560
89

552,418

98, 994, 889 12, 888, 396

41G 112,097, 856 26,428,976
1,059 714,832, 576 79, 173,174

t Unofficial (all others official).

1,784
91,164, 370 190, 892
2,546,884
488,711
77,664

11,305

3,192,473
968,609

78,463
26, 869

7, 274, 341

116,637

105,709, 695 328,763
229,711,725

REPORT OF THE COMPTROLLER OF THE CURRENCY.

237

SAVINGS BANKS IN THE UNITED STATES, 1891-792.
RESOURCES.

State,

All other D u e from
other
bonds and b a n k s and
stocks.
bankers.

Real estate,
furniture,
and fixtures.

Current
expenses
and t a x e s
paid.

United
States
bonds.

county,
municipal,
etc., bonds.

$605,800
275,850
110,750
1,197, 250
2, 326,100
857, 275

$15, 914, 561 $13,323,423
9, 802, 032
9, 656, 644
4, 941, 095
45,413, 068 37, 646, 684
8, 341, 823 10, 320, 984
28, 518, 605 24, 818, 698

$2, 852, 212 |$3, 886,189
$1, 068, 434
2, 682, 760
8, 346, 403
1,133, 812
236, 760
235 9'>9
""$593," 014*
28, 335,143
11,149, 921
4,169, 247
2, 567, 543
2, 056, 239
4, 825,187
6, 374, 643
3, 462, 680

5, 373, 025

112, 785, 796

95,911, 821

43, 049, 061

17, 057,779

11,742,935

12,126, 341

107, 313, 860
6, 080, 993
4, 666, 543

226,793, 301
7, 491,105
17, 941, 590

3, 958, 245
18,737, 231

49,824

93, 358
1,368, 821

35,446, 035
1,143, 027
3, 557,497

9, 623,173
1, 203, 854
1, 010, 229

$166, 322

7
8
9

7, 000, 000

81, 000
14, 587, 390

170,715
10, 529, 945

54,412
226,304

82, 839
553,707

385, 760

286, 025
589,403

1,880
154, 879

10
11

266,894,386 , 33,396,136

330, 540

2,098, 725

40,532, 319

12,712, 684

323, 081

15, 500

16, 048

1,252

12

1, 564,194

917, 946
190, 808
3,240

5,106 13
13, 312 14
616 15

125, 061, 396

2,053, 566
125,120
2,178, 686
132, 613,107

10, 026, 832
208 532
10, 235, 364

Railroad
bonds and
stocks.

Bank
stocks.

772,100
9,570

92, 000
7, 050

5,000

1
4

r>
6

772,100

9,570

99, 050

1,569,194

1, 111, 994

19,034

389, 915, 546 130, 080, 057

43, 389,171

19, 271, 054

53,860,496

25, 952, 271

342,115

489,101

92, 870

16

1,350

1,746, 699

13,500
115, 000
15, 715

3,000
76, 728

133, 600

18,230

269,382
220, 944
2,000

429, 204
95,493
14, 585

505, 089
52,447
630

21,282
4,207
6,838

144, 215

79, 728

133, 600

18,230

492, 326

539,282

558,166

32, 327

39, 500

1,900

21,954

50, 000

35,000
45, 937
537, 053
33,250

476, 860

10, 634

1,019 20
1,233
32,838
16, 335 23
2,708
12, 592 25

29,206
27,030
205,691

33, 400
6,715
167,146
83,909
1,636
98,782
750
39, 921
6,812
154,331

886,184

593,402

2, 737,855
7,569, 590
10,026, 783

145, 600
214,599
1, 386, 549

160, 230

37 993
739, 111
17, 926
9, 000
22, 504
135, 415
1,000

398,440
122, 268
35, 655
45, 940

245, 727

30,000

2,800
39,315

8, 450

80,115

415, 890

50,000

939,082

554,810

92,649

1,378, 839 -

201, 050
334, 477

373,525

447, 362

415,168
5, 582,261
23, 904, 056
288,421

1, 692, 440

290,740

535, 527

373, 525

447, 362

30,189,906

22, 026, 668

2, 037,488

263,006'

27, 221
3,348,093

20,969

19,568,228

43,351
3, 217, 541
2,116

7,500

30,000
166, 385

254,847
256, 667

376,362
112,125

28,459

19, 764, 613

3, 774, 522

3, 863,801

80,428

299, 568

51, 825, 684

27, 715, 757

7,145, 727

489, 944

43,688,739J 71, 096, 738

81, 576, 253

33, 097, 998

17
18
19

20,959
135, 660
135, 660
731, 092
133,344,199

3, 274, 694

1,135, 772

393,190, 240 131, 215, 829




5 371 I 27
4,174 28
37,913 29
114,183
21, 652 30
19,935 31
193,018 32
33
28,v401 34

35
36
37

18, 602 38
40,857 39

832,059

238

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF REPORTS OP CONDITION OF THE MUTUAL AND STOCK

EESOUECES.

State, etc.

Cash and
cash items.

Other re-

LIABILITIES.

Total.

Capital
stock.

Surplus.

MUTUAL SAVINGS BANKS.
$884,892
1,918,752
170, 624
819, 982
1,463, 778
| 3,157,874

Total Eastern States
New York
New Jersey...
Pennsylvania*
Delaware!
Maryland t - - Total Middle States
12

Total Southern
Virginia, t

States, West

$126,159
467; 299
63,122
567, 784
421,605
478,090

$53,550,871
78,656, 725
19,183,174
390, 565, 967
70,265,878
130, 241, 025

$2,092.200
5, 073, 267
633, 371
13, 273, 683

8,415, 902

2,124, 059

742,463, 640

25,516,966

7, 622, 575
802, 515
1, 885, 854
34, 091
530,254

New Hampshire.
Vermont
Massachusetts,..
Rhode Island .
Connecticut

7,498, 657
532, 898
40,451
57, 035
208, 494

675,987, 634
36, 875, 745
71,915, 566
4,100, 098
42, 583,879

87, 317,105

10,375,289

8, 337, 535

831,462, 922

94,889, 844

236, 760

3,000

20, 409

26, 942,130
4,166,953
143, 274

1, 738, 748
308,709

20, 409

31,252, 357

2,047,457

•10,482, 003 1, 605, 415, 679

122,457, 267

1,160
745, 604
475, 647
15, 309

Ohio!
Indiana
Wisconsin
Total Western States
Total m u t u a l
banks.

savings

1, 236, 560
20, 028, 911

4,444,445

6,117, 789
455, 984
998, 966

STOCK SAVINGS BANKS.
93,471

87,358

7, 670, 540

$725, 000

Maryland t
District of Columbia!
Total Middle States

113,340
87, 560
1,478

23,198
1,496

4, 550, 486
1, 957, 416
102, 333

1, 069, 706
410, 542
34,525

62, 583
98,906

202, 378

24, 694

6, 610, 235

1,514, 773

161, 489

West Virginia ! .
North Carolinat.
South Carolina! Georgia!
Florida!
Alabama t
Lonisiana
Texas!
Arkansas!
Tennessee!

49, 442
5,862
312, 311
102,673
23, 596
180, 262
165,425
48, 789
23, 785
405, 986

23
8,622

100, 000
40, 000
718, 360
568,709
20,000
275, 000
100, 000
139, 350
35, 038
678,450

23, 243
6.933
291, 613
59,900

""i26"

599, 099
352, 425
6,173,180
1, 674, 941
143,990
997, 354
1, 920, 535
751,584
194, 609
3,165,148

I 1,318,131

14, 721

15,972, 865

2,674,907

632,675

199, 323
3,512, 905
3,588, 913

13, 226, 351
49,436, 999
71,208, 798
32, 763,756
9,409, 239

1, 896, 575
6,122, 000
8,198,410
5, 304, 000
225,000

978, 674
1,877,500
1, 633, 772

126, 009

13, 500
10, 207
134,268
6, 691. 687
19,436

7,427,150

6,869.098

176, 045,143

21,745, 985

4, 669, 946

141, 836
3,366, 981
44, 283
279,970
305,160

850, 694
299,723

3, 642, 260
141,052,074
296, 532
4,295, 781
3,043, 752

600,000
8,197,763
80, 000
1,009, 047
860,000

66, 207
4,544,686
9,300
313,993
25,161

Total Eastern States, Vermont . .
Pennsylvania t

Total Southern States
Ohio!
Illlinois . . .
Michigan..
Iowa
Minnesota.
Total Western States
Colorado
California
New Mexico * .
Utah
Washington t.

5,950

'65, 064
54, 942

17, 016
£66,759
133,211

180, 000

4,138, 230

1, 270, 423

152, 330, 399

10, 746, 810

4, 959, 347

Total stock savings banks . . 13,179, 360

8, 266, 294

358, 629,182

37,407, 475

10, 423,457

Total Pacific States, etc

Total all savings banks
• Semiofficial.




J 33,208, 271

18, 748, 297 jl, 964,044, 861

37,407, 475 132,880,724

t Unofficial (all others official).

REPORT OF THE COMPTROLLER OF THE CURRENCY.

239

SAVINGS BANKS IN THE UNITED STATES, 1891-792—Continued.
LIABILITIES.

Other un- D i v i d e n d s
divided
unpaid.
profits.

Deposits
(not savings).

$1, 038, 293

Savings
deposits.

" $50, 278, 452
72, 439, 660
18. 065, 290
369 526 386
66. 276,157
122 582,160

1,089, 236
457, 291
7 639 925
3, 946, 300
3,104, 054

699,168,105

17, 275, 099

__
_

1

2,977,240
1,465, 320
17 795
459, 615

D u e to
other
banks.

Other liabilities.

$141, 926
54, 562
27, 222
125, 973
21, 729
110, 366

4,919,970

502.389
98, 501
4,348

24, 700, 993
3, 754, 622
138, 926

605, 238

1, 459, 221, 779

388. 07
256. 62
264. 57
209.39
295. 63

2, 047, 292

352. 28

6,241

36.84

lr

59, 565
15, 418
948

414.69
243. 52
146. 59

14
15

I
5,'rn

28, 594, 541

22, 804,142

1,516,289
131, 739
242, 908
17,318
139,038

423, 900

229,925

356.87

21 fiQP

731,229,208

3,835

1, 961, 921

245,108
90, 871
66, 022

21, 692

588 425,421
33, 807, 634
64, 266, 435
3,626,319
41,103, 399

146,668
169, 949
59, 528
1,131, 203
136, 648
317,925

481, 778

$21,692

Ho. of
depositors.

Average

$342.80
426. 24
303.47
326.67
485.01
385. 57

5,121
21, 692

75, 931
4,091, 385

r

£
1C
11

is

376. 58

910, 799

f

356.65

6 609 452

161,898

21,212

311. 59

1C

168,493
36, 942
6,723

$876
17, 052

$2,122, 690
513, 697

967, 558
874, 469
60,178

158, 580
5, 808
907

5,563
3,097
1,303

173.93
282. 36
46.18

17
18
19

212,158

17, 928

2,636,387

1,902,205

165, 295

9,963

190.93

5,941
4,790
252,580
74, 392
7,321
36,182
124,803
103,309
7,213
127, 508

70
883
4,123
4,321

223, 402
13, 566
559, 666
339, 069
84, 702
387,180

527
3, 828
93,635
33, 931
55
30, 649

109, 419
98, 647
917,240

243, 923
282, 425
4, 225, 459
572, 523
31,912
220, 046
1, 695, 732
279, 783
51, 854
1,292,913

8, 372

1,857
7,454

2,187
6, 247
21,397
4,569
170
1,698
5,557
1,950
258
t l 6 , 392

111. 53
45.21
197.48
125.30
187. 73
129.59
305.15
143.48
200.10
78.87

744,039

9,397

2, 732,891

8,896, 570

110,450

171,936

60,425

1,640
6,246

683, 547
17, 796, 088
20,705,149

9,194, 085
21,106, 369
36, 959, 573
26.115, 384
8, 786, 879

51, 093
1, 509, 320
1, 816.579

8,777
25,300
104, 363
1, 344, 372
152,392

25, 214
+73, 872
180,391
+71, 687
35,123

364. 64
285. 72
204.88
364.29
250.17

3, 262, 056

7,886

39,184, 784

102,162,290

3,376,992

1, 635, 204

386, 287

264.47

77, 093

3,426

2,029
87, 631
85, 622

. 2,000
775

207, 890
798,640

2, 893, 276
127,312, 088
149, 449
2, 427, 950
1,193, 967

2,258
950, 248
53, 754
248, 495
43,068

+.21, 215
+167, 667
900
+13,596
+8, 955

136. 38
759. 32
166. 05
178. 58
133.33

252, 375

6,201

1, 006, 530

133, 976, 730

84, 583

1, 297, 823

212, 333

630.97

4, 644, 818

41, 412

45, 560, 592

253,547,247 • 3,572,025

3, 4 3 2 , 1 ^

(590, 220

307. 34

27,448, 960

41,412

45, 560, 392 1,712,769,026

4, 342, 955

4, 781, 605

358. 20

174,190

413, 600
998, 782
1,784,706
64, 968




1,993
27, 744
22, 096
31, 281
18, 964

47," 289*
37, 294

3,593,717

X Partially estimated.

'

20
21
22
23
24
2(
27
28
29

147.23
30
31
32
33
34

35
36
37
38
39

240

REPORT OF THE COMPTROLLER OF THE CURRENCY.

AGGREGATE RESOURCES AND LIABILITIES OF SAVINGS

BANKS FROM 1887-788 TO

1891->92.
1887-88.

1888-'89.

1889-'9O.

801 banks.

849 b a n k s .

921 b a n k s .

Resources and liabilities.

1890-'91.

1891-'92.

1,011 b a n k s . 1,059 b a n k s .

Eesources.
$501, 067,089 $567, 373,144 $634, 229, 417 $687, 583, 977
Loans on real estate
165,177, 626 160,816,153
Loans on personal, etc., security...
70, 227, 806 93, 679,153
76,909, 500 74,551, 588 r82, 091,574 198,134, 045
Other loans and discounts
158, 201
813, 211
303, 316
286, 254
Overdrafts
183,527, 275 158, 923, 630 148, 532, 828 139, 267,045
United States bonds
287, 449,125 280,139, 464 303, 919, 560 320, 278, 708
State, county, and municipal !onds
89,715, 358 101,443, 381 110,405, 678 115, 991,821
Railroad bonds and stocks
41,196,166
42, 263, 654
43, 735,762 45, 038,830
Bank stocks
54, 661, 636 101, 819,419 111, 575,177 107, 963, 932
Other stocks, bonds, and mortgages
57,103,157
61, 534,576
65,126,477
70, 660,882
Due from other banks and bankers
28,989, 343 29, 652, 572
30, 211, 272 30,438,232
Real estate, furniture, and fixtures
475,407
593,924
753, 963
971,266
Current expenses and taxes paid...
21,565, 317 29, 928,532
30,147, 978 29, 720,473
Cash and cash items
11* 940, 849 12,758, 967
11,356,193
14,502,451
Other resources

$714, 832, 576
79,173,174
229,711,725
328, 763
133, 344,199
393,190, 240
131, 215, 829
43, 688, 739
71, 096,738
81,576, 253
33, 097, 998
832, 059
33, 208, 271
18, 748, 297

1,519,936,049 1,622,612,215 1,742,617,001 1,854, 517,069 1,964,044, 861

Total.
Liabilities.
Capital stock
Surplus fund
Other undivided profits
Dividends unpaid
Individual deposits (sayings)
Individual deposits (not savings)
Due to other banks and bankers..
Other liabilities

16,350,321
23,311,848
26,401, 035
32,106,127
37, 407,475
109, 636, 940 127,225,533 133,762,883 130,042, 098 132, 880,724
23, 059, 342
19,845, 228
22,774, 766
25, 815, 395
27, 448, 960
37,488
44,696
123,298
19, 364
41, 412
1,364,196,550 1,425,230,349 1,524,844,506 1, 623, 079,749 1, 712, 769, 026
19,160, 976
25,179,450
31,746, 393 45, 560,592
1,054, 810
992, 323
1, 996,161
2,766,225
3, 593,717
5,600, 598
6, 801, 262
7, 534, 902
8,941, 718
4,342, 955
1,519,930,049 1,622,612,215 1,742,617,0011,854, 517,069 1, 964, 044, 861

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
?

1890- 91 AND 1891-'92.

•

1890-'91.
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
Arkansas . .
Tennessee
Ohio
Indiana
Illinois
Michigan
Wisconsin
Iowa
Minnesota
Nebraska
Colorado
California
New Mexico
Utah
t
Washington
Total

N u m b e r of
depositors.

A m o u n t of
deposits.

1891-'92.
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

$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

$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

11,169
78, 885
14,884
*61,103
150, 326
726
*57,146
*30. 391

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

129.44
396.24
238. 65
267.78
198.82
130.42
364. 35
352.99
130.45

*136,497
*1, 062
*7,994
6,850

114,164, 523
165, 420
1, 682, 040
834, 815

836. 39
155.76
210.41
121.87

4, 533,217 1, 623,079, 749

N u m b e r of
depositors.

358. 04




* Partially estimated.

A m o u n t of
deposits.

Average
to each
depositor.

146, 668
169, 949
80, 740
l,13L,203
136, 648
317,925
1,516, 289
131,739
248, 471
17,318
142,135
1,303
8,428
6,247
21,397
4,569
170
1,698
5,557
1,950
258
*16, 392
84, 779
15, 418
*73, 872
180, 391
948
*71.C87
35! 123

$50,278,452
72,439, 660
24, 674, 742
369,526, 386
66, 276,157
122, 582,160
588,425,421
33,807,634
65, 233, 993
3, 626, 319
41,977,868
60,178
473,848
282, 425
4, 225,459
572,523
31,912
220,046
1, 695, 732
279,783
51,854
1, 292, 913
33, 895, 078
3,754, 622
21,106, 369
36, 959, 573
138, 926
20,115, 384
8, 786, 879

$342. 80
426. 24
305.60
326. 67
485. 01
385.57
388. 07
256. 62
262.54
209. 39
295. 34
46.18
56.22
45.21
197. 48
125.30
187. 73
129. 59
305.15
143. 48
200.10
78.87
399. 80
243. 52
285. 72
204. 88
146. 59
364. 29
250.17

*21, 215
167, 667
900
*13,596
*8, 955

2, 893, 276
127,312.088
149,449
2,427,950
1,193, 967

136. 38
759. 32
166.05
178.58
133.33

4,781,603 1,712,7(59,026

358. 20

A

REPORT OF THE COMPTROLLER OF THE CURRENCY. 241
NUMBER OF SAVINGS BANKS, NUMBER OF DEPOSITORS AND AMOUNT OF DEPOSITS,
IN THE UNITED STATES IN THE YEARS 1820, 1825, 1830,1835,1840, and 1845 to 1892.

Year.
1820.
1825.
1830.
1835.
1840.
1845.
1846.
1847.
1848.
1849.
1850.
1851.
1852.
1853.
1854.
1855 .
1856 .
1857.
1858.
1859 .
1860.
1861.
1862 .
1863.
1864.
1865.
186618671868.
1869.
18701871.
1872 .
18731874.
1875 1876 .
1877 .
1878.
1879.
1880.
1881 .
1882.
1883.
1884.
1885.
1886.
1887 .
1888 .
1889.
1890.
1891.
1892.

Number of
banks.
10
15
36
52
61
70
74
76
83
90
108
128
141
159
190
215
222
231
245
259
278
285
289
293
305
317
336
371
406
476
517
577
647
669
693
771
781
675
663
639
629
629
629
630
636
646
638
684
801
849
921
1,011
1,059

9647

16




Deposits.
8,635
16, 931
38, 085
60, 058
78, 701
145,206
158, 709
187, 739
199, 764
217, 318
251,354
277,148
308, 863
365, 538
396,173
431, 602
487, 986
490. 428
538, 840
622, 556'
693, 870
694, 487
787, 943
887,096
976, 025
980,844
1, 067, 061
1,188, 202
1,310,144
1,466,684
1, 630, 846
1,902,047
1, 992, 925
2,185,832
2, 293,401
2, 359, 864
2, 368, 630
2| 395, 314
2. 400, 785
2,268, 707
2, 335, 582
2, 528. 749
2, 710, 354
2, 876,438
3,015,151
3,071,495
3,158, 950
3,418, 013
3, 838, 291
4, 021, 523
4, 258, 893
4,533, 217
4,781, 605

$1,138, 576
2, 537, 082
6, 973, 304
10, 613, 726
14, 051, 520
24,506, 677
27, 374, 325
31,627, 479
33, 087,488
36, 073, 924
43,431,130
50,457,913
59,467,453
72, 313, 696
77, 823,906
84, 290,076
95, 598, 230
98,512.968
108, 438, 287
128,657, 901
U9, 277, 504
146, 729, 882
169, 434, 540
206, 235, 202
236, 280,401
242, 619, 382
282, 455, 794
337, 009, 452
392,781, 813
457, 675, 050
549, 874, 358
650, 745, 442
735, 046, 805
802, 363, 609
864, 556, 902
924, 037, 304
94L 350, 255
866, 218, 306
879, 897, 425
802, 490, 298
819,106, 973
891, 961,142
966,797,081
1,024, 856, 787
1,073, 294, 955
1,095,172,147
1,141,530, 578
1, 235, 247, 371
1, 364,196, 550
1, 425, 230, 349
1, 524, 844,506
1, 623, 079, 749
1,712, 769, 026

242

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OF R E P O R T S O F CONDITION OF T H E

EESOURCES.

Date of
report.

States, etc.

New York
Pennsylvania
Maryland

Loans on
No. of
Other
banks. Loans on collateral loans and
security
real estate. other than discounts.
real estate.

June 30,1892
do
do

$130,547
911,659
500

$2, 494,319
7, 954,780
244,870

815, 871

1, 042, 706

10, 693, 969

65,011
303,906

35,866

31,315
1,365, 598

123,092
287, 698

462,409
456, 906
217, 626
285, 309
442,779
3, 438, 478

1,765,830

446, 656

5, 303, 507

95
102
48
149
48
109
185
34
163

859,123
1, 911, 744
418,791
3, 558, 577
455, 853

2, 514,517
372, 689
2,125, 527
747, 998

1, 395, 733
343,742
413,447

1, 356, 630
683, 620

933

Total Eastern States . *.

$422 177
389^ 694
4,000

69

|

9, 357,010

7, 800, 981

49, 807,122

125, 405
948,106
588, 355
16, 300
34, 225
2,900
28,803
500
68,107
16, 600
14, 500

429, 541
47,754
23,901
73,425
73,189
43, 829
5,593
500
26, 849
24,689
219, 643

822, 994
1,147, 955
61, 294
142,762
95, 347
28, 780
64, 852
1,500
309, 607
102, 260
394,038
75, 448

76

Virginia
North Carolina*
Georgia
Florida
Alabama
Texas

June 30,1892
July 12,1892
! June 30,1892
j do
j do
do

Total Southern States.
Missouri*
Ohio
Indiana
Illinois
Michigan
Wisconsin*
Iowa.
Minnesota .
Kansas* —

."May 16,1892
June 30,1892
do
....do
do
I July 4,1892
June 30,1892
....do
June 4,1892

Total Western States .
Colorado
California*
North Dakota
South Dakota
Oregon
Idaho
Montana
New Mexico
Utah
Washington
Wyoming
Oklahoma

June 30,1892
July 3,1892
| June 30,1892
do
| do
I do
I do
do
I....do
| do .
do .
%. |
; do .

Total Pacific States, etc .
Total United States




5, 049, 063
6, 676,824
5,453,440
9,540, 476
904,321
6, 608, 298
9,565, 639
929, 016
5, 080,045

1, 843,801

T

1,161

968,913

3, 246, 837

13, 782, 512

10, 259, 256

69, 051, 435

* Official (all others unofficial).

REPORT OF THE COMPTROLLER OF THE CURRENCY.

243

PRIVATE BANKS IN THE UNITED STATES, 1892.
EESOUECES.

Overdrafts.

United
States
bonds.

State,
Railroad
county,
municipal, bonds and
etc., bonds. stocks.

$106, 989
267,151
4,952

$39,918
14,991
3,250

379, 092

58,159

$31,020
36,917
11,140

$34,576
352, 827
22,109

$755, 893
2, 332,251
93,981

$228, 356
473,262
63,331

79, 077

$165, 612
86,556
5,240

51, 315

D u e from
other
b a n k s and
bankers.

409, 512

3,182,125

764,949

. 6,400

$8,987
35,401
6,927

257,408

949
26,497
10, 256
5,618
17,786
271,583

1,007

112, 470
98, 481
35,973
48,424
197, 335
765, 528

36,829
111,695
201,062
50, 256
141,574
446, 937

50

92, 800
22, 340

24, 000
34, 000

7,500
62, 276

36, 810
26, 283
19,549
18,685
30,829
241,190

122, 709

58,000

76,176

373, 346

1,258, 211
1,082,194
2,391,803
1,529, 330
3,136,826
402, 301
1,505, 078
2, 736,464
461, 644
1,347,521

349,811
775,765
345,065
959,287
255, 013
775,482
1,461,278
162, 805
1,315, 593

1
2
3

1
2
3
4
5
6

988, 353

193,908
180, 681
11, 057
625, 310
8,540
221, 865
207, 686
31,146
324, 723

6,400, 099

i

6,562

332,689

50

225,581
109, 298
81,497
339,667
34,781
121,612
362,536
38,075
212,954

55, 000
128,032
1,077,833
43,438
16,000
50
10,000

87, 942
8,141

1, 526, 001

1,330,353

428, 514
39, 385
477,012
49,000

233
53,275
2,800

98,324
63,448
84,159
• 22,824

5,000

189, 824
18,100

1, 089, 994

61, 308

476, 679

1, 804, 916

14,593,161

37, 799

15, 439

27, 462

2, 000

159
3,049
10, 515
1,865
45,782

17,128

2,919
143,858
276,103
10, 000
83,446

36,095
8,561
12, 713
1,084

1,009
5,605
6,497

247,112
193,180
39, 365
44, 098
44,396
40, 587
26, 651
1,062
196, 650
33,445
92,238
105, 388

70, 000

124,208
3,889
26, 310
9,735

1, 709,495




1
2
3
4
5
6
7
8
9

295, 565 1
511,471 2
61,603 3
66, 830 4
35, 058 5
15,690
6
3,646 7
5,500 8
73,839 9
19, 998 10
68,186 11
6,500 12

45, 678

157, 622
2, 067, 627

Eeal estate,
furniture,
and fixtures.

All other
bonds and
stocks.

Bank
stocks.

27,462

72, 000

680, 468

1, 064,172

1,163,886

1, 316,540

404,178

703, 932

3, 268, 242

20, 097, 669

9, 317,287

244

REPORT OF THE COMPTROLLER OF THE CURRENCY.
ABSTRACT OP REPORTS OF CONDITION OF THE PRIVATE
EESOURCES.

Current
expenses
and taxes
paid.

Cash and
cash items.

Other resources.

New York
Pennsylvania.
Maryland

$8,233
39,930
2.291

$305,733
944, 923
22, 957

$36,117
41, 225
727

$4, 768, 477
13,881,567
486, 275

Total Eastern States .
Virginia
North Carolina *
Georgia
Florida
Alabama
Texas

50, 454

1,273,613

78, 069

19,136, 319

7
6,494

6,655

3,071
2,723
5,358
59,144

64, 005
84,392
30,800
34, 549
144, 229
974,124

39,766
65,153

835, 298
1,114, 654
529,444
445,564
1,298,413
8, 034, 049

Total Southern States .
Missouri* .
Ohio
Indiana
Illinois
Michigan...
Wisconsin*
Iowa
Minnesota..
Kansas* —

83, 677

1, 332,099

116,119

32,257,422

101,977
39, 084
116, 894
21, 984
50,203
142, 699
21,137
130, 393

629,879
1,423, 971
1, 303,149
1, 646,610
275,742
1,029,425
1,185,413
180,528
933, 258

108,554
309,518
236, 251
67, 364
84, 750
378, 263
5,856

8, 444, 559
16, 850, 237
11, 044, 286
22, 943, 309
3, 248, 521
10, 396, 713
19, 091,107
2, 883, 860
9,767, 934

624, 371

8,607,975

1,190, 556

104,670,526

25, 800

404,149
225,485
16, 907
26,100
45, 945
19, 757
10, 615
1
3,050
101, 885
16, 715
91, 084
60, 111

13, 685
153, 369
36, 287
7,643

2, 449, 870
3, 371,178
1, 201, 813
397,078
424, 830
157, 700
194, 909
12, 212
955, 718
236, 790
934,177
261,131

States, etc.

Total Western States.
Colorado
California*
North Dakota.
South Dakota .
Oregon
Idaho
Montana
New Mexico...
Utah
Washington...
Wyoming
Oklahoma
Total Pacific States, etc .
Total United States




10, 711
6,871
2,709
4,269
2,967
100
17,469
4,966

4,545

23
6,000

Total.

87,695

1,021,803

217, 069

10,597,406

846,197

12,235,490

1,601,813

146,661,673

* Official (all others unofficial).

REPORT OF THE COMPTROLLER OF THE CURRENCY.

245

BANKS IN THE UNITED STATES, 1892—Continued.
LIABILITIES.

Capital.

Surplus.

Other undivided profits.

I n d i v i d u a l deposits.

Due to banks.

Other liabilities.

$827,243
1,981, 435
191, 624

$489, 655
966, 592

$125,564
267,420
9,097

$3, 258, 853
10, 319, 734
283,714

$22, 717
251,760
1,840

$44,445
94, 626

3,000, 302

1, 456, 247

402, 081

13, 862, 301

276, 317

139, 071

220, 540
251,800
336, 880
91,326
484, 090
2, 869, 276

10,000
137, 537
60,000
72, 915
158, 277

33,235
22, 858
16, 532
13, 210
86,874
163,190

497,189
587, 761
170, 989
269, 844
619. 853
3,453, 957

18,264
26, 969
3,535
5, 717
10,504
49, 024

56, 070
87, 729
1,508
5,467
24,177
1, 340, 325

4, 253, 912

438, 729

335,899

5, 599, 593

114, 013

1, 515, 276

1,160, 860
3, 6J55, 282
3, 070, 353
4, 599, 741
772, 604
1, 367, 365
5, 404,914
674,443
2, 824, 004

549, 046
769, 686
386, 514
1,184, 718
150,978
733, 571
1, 265, 256
54, 247
295, 542

325, 859
205, 185
420, 014
66, 253
88. 849
751,226
67, 630
588,298

6, 355, 444
11, 575, 804
7,041, 994
14, 856, 720
2,196, 715
7, 954; 786
10,928, 893
2, 011, 766
5, 349, 912

135, 209
338, 975
270, 380
97, 339
31, 251
196,681
14,170
86,963

244, 000
174, 631
69, 860
1, 784, 777
30, 720
252,142
544,137
61, 604
623,215

23, 539, 566

5,389, 558

2, 513, 314

68, 272, 034

1,170,968

3, 785,086

525, 400
1, 565,495
511,024
155,544
141, 824
72, 500
90, 000
10, 000
307, 850
93,860
240, 900
82, 050

31,845
269, 207
58, 029
13, 968
25,218
3,961

78,403

1, 691, 599
1,437, 882
219,447
185,401
244, 083
67,089
56,154
150
546,826
109,838
632, 900
165, 851

22,170
71, 378
±2, 901

100,453
27,216
331,637
18,962

20, 860
12,015
10,950

38,685
23, 203
7,662
9,090
32, 336
50,164
8,883
21,814
7,043

6,043
5,060
12, 831

6,666
5,187
6,550
6,187

1
2
3
4
5
6

1
2
3
4
5
6
7
8
9

1
2
3
4
5

3,588 7
H
2,062
24,018 9
7,007 10
21,063 11
12

3,796,447

446,053

277,283

5,357,220

184,397

536,006

34, 590, 227

7, 730, 587

3, 528, 577

93,091,148

1,745,695

5,975,439




1
2
3

246

REPORT OF THE COMPTROLLER OF THE CURRENCY.
LOAN AND TRUST COMPANIES.

AGGREGATE RESOURCES AND LIABILITIES OF LOAN AND TRUST COMPANIES FROM

1887-'88 TO 1891->92.
1887-'88.
Resources and liabilities.

1888-89.

1889-'9O.

1890-'91.

1891-'92.

120 banks.

120 banks.

149 banks.

171 banks.

168 banks.

Resources.
$46, 606, 390 $53,349,045 $56, 669,834 $65,072,641 $55,098,822
Loans on real estate
Loans on pers'l and collat'l security 175, 033, 893 193,610,054 209,617,297 225, 012, 238 256, 413, 894
Other loans and discounts
20, 060, 365 44,491, 268 61.595,409 66,791,541
73, 760, 832
24,311
83,957
Overdrafts
91,362
105,608
155, 999
22,899,766 27,193,201 24,921,203 16,057,015
United States bonds
18, 059, 578
2,006,479
3,765, 747
State, county, and municipal bonds
2, 993,365
3,828, 397
6,404, 311
15,702,430
Railroad bonds and stocks
19, 352, 398 26.102,410 29, 771,125
27,617, 700
660,468
737,312
Bank stocks
1,230,642
1,159,776
1, 608, 344
31, 309, 770 25, 676,359 40,459,876 43,157,008
Other stocks, bonds, and mortgages
52.516,845
19,791, 922 25, 084, 040 33,307,028 39,948,373
Due from other banks and bankers
54; 975, 325
Real estate, furniture, and fixtures. 13, 951, 791 14,455,406 16, 845,480 17,357,290
22, 617,764
605,173
438, 018
Current expenses and taxes paid..
568,924
743,684
648,269
19, 788, 298 25,236,526 19, 861,137 16,482, 207 - 22,600,045
Cash and cash items
6,212,421
7,795,152
Other resources
9, 537, 369 11,141,299
7,767,180
Total

383,653,477

441, 268,483 503,801,336

536,628,202

600,244,908

53,243,510 59,445,937 70,676, 247 79,292,889
24,105, 371 25, 583,905 34,594,751 38,412,197
11,846, 316 13,199, 209 12,233, 252 17, 091,648
14,420, 537 16,902,812 19,565, 215 18,907,550
271,981
198, 319
203,460
83, 396
257,878,114 299, 612,899 336,456,492 355,330, 080
3,013,572
2,046,965
2,210, 772
2,863, 248
19, 914, 345 23,238,168 27,208,671 25,299,670

80,645,972
45,824,747
15,943,401
11,365,280
108,479
411,659, 996
3, 771,465
30,925,568

383,653,477

600,244,908

Liabilities.
Capital stock
Surplus fund
Other undivided profits
Debenture bonds
Dividends unpaid
Individual deposits
Due to other banks and bankers...
Other liabilities
Total




441,268,483

503,801,336

536,628,202

REPORT OF THE COMPTROLLER OF THE CURRENCY.

247

PRIVATE BANKS.
AGGREGATE RESOURCES AND LIABILITIES OF PRIVATE BANKS IN 1888, 1889,
1891, AND 1892.
1888.

Kesources and liabilities.

1889.

1891.

1890,

1892.

1,203 bailks. 1,324 banks. 1,344 banks. 1,235 banks. 1,161 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

$9, 574, 069
66, 607, 009
26, 795, 379
2, 072, 386
1, 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, 386, 735
17,121, 720
65,480, 534
1, 733, 213
1,421,537
814, 683
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

163, 713, 256 142, 961,337 164,020,822

$15,997,251 $13,782,512
16,738,321
10, 259, 256
68,180, 783
69,051,435
2, 475,025
2,067,627
1,509,155
1,709, 495
908, 983
1, 316, 540
404,178
737,239
703,932
634,140
3,268,242
1,883,192
19, 380, 059 20, 097,669
9,317,287
9, 217, 951
846,197
797, 326
11, 977, 512 12, 235,490
1, 601, 813
1,209, 081
151,646, 018

146, 661, 673

41, 042, 018 36, 785.458
8,993, 987
9, 741,183
4, 677, 667 3,152, 635

34.590,227
7, 730, 587
3,528, 577

99, 521, 667 94,959, 727
902, 481
586, 210
3, 812, 799 2,240, 371
3, 736, 797 5, 513, 840

93,091,148

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

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
8,266, 516
3, 555,590
67, 326
83,183, 718
693, 969
563,025
3,432, 360
5,160,143

163, 713,256 142,961, 337 164,020,822

151, 646, 018

1, 745, 695
5,975, 439
146, 661, 673

NUMBER, LIABILITIES, ASSETS, AND PERCENTAGE OF ASSETS OF STATE, SAVINGS,
AND PRIVATE BANKS AND LOAN AND TRUST COMPANIES THAT FAILED DURING
THE FISCAL YEARS ENDED ON JUNE 30, 1891 AND 1892.
1891.
Class.

]S o.

Liabilities.

Assets.

$3,155, 319
365, 000
16, 923, 773

69.05
56.59
51.93

24
6
*36
3

$3,177,529
917, 000
6,505, 099
425, 000

$1,892, 091
484, 500
3, 539, 598
209,000

59.55
52.83
54.41
49.18

37, 801, 511 20,444, 092

54.08

69

11, 024,628

6,125,189

55.56

No. Liabilities.

122

Per
cent.

Assets.

T

24 $4, 569, 896
State banks
5
645,000
Savings banks
*93 32, 586, 615
Private banks
Loan and trust companies .

Total

1892.

Per
cent.

•Includes 6 banks in 1891 and 4 in 1892 that failed in South Dakota, their liabilities and assets, however, not being given.




STATEMENT SHOWING, BY STATES, THE NUMBER, LIABILITIES, AND ASSETS AT DATE OF FAILURE OF STATE, SAVINGS, AND PRIVATE BANKS
AND LOAN AND TRUST COMPANIES THAT FAILED DURING THE YEAR ENDED JUNE 30, 1892, AS EEPORTED TO THE BRADSTREET COMPANY.
State banks.

States.

Savings banks.

No.

Alabama
Mississippi
Louisiana
Texas

Assets.

1

Massachusetts
New York
Pennsylvania
Maryland

Liabilities.

$193, 844

$165,381

..... ....

Assets.

1
1
1
1
3
1

10,000
27,000
150, 000
780, 000
685,000
120, 000

6,000
20,000
75,000
310,000
600, 000
30,000

1
1

....




132,685
500, 000

$59,000

$47,000

426,000
133,000

250,000
86,000

28,000

20, 000

1

350, 000

1
2

20, 666

400, 000
20, 000

60, 000
2,500

3,177,529

1, 892, 091

5
4
4
1
3
2

$1, 690,000
1, 378, 940
730,159
300,000
210, 000
807,000

$560, 000
1, 098,535
473,563
100,000
130,000
430,000

400,000

No. Liabilities.

No.

Liabilities.

Assets.

$200,000
1,000

7
6
4
1
3
3
1
1
2
2
3
4
1
4
1
2
1
1
8
6
1
1
1
4
1

$2,149 r 000
1, 587,784
730,159
300,000
210, 000
835, 000
10, 000
27,000
550,000
1,130,000
685,000
198, 000
400, 000
225, 000
132, 685
590,000
200, 000
175, 000
493, 000
203, 000
80, 000
90,000
20, 000
(*)
4,000

$807, 000
1, 264,916
473,563
100,000
130, 000
450, 000
6,000
20, 000
425, 000
635,000
600, 000
80,000
60, 000
56, 000
92, 710
295,000
100,000
70, 000
278, 000
124,000
10, 000
40,000
7,000
(*>
1,000

69

11, 024, 628

6,125,189

350, 000

1
1

$400, 000
15, 000

3

60,000

30, 000

50, 000

205, 000

53, 500

1
1
1
2
1

78,000

3

90, 000
200,000
175, 000
67, 000

45, 000
100, 000
70, 000
28, 000

1
1

80, 000
90,000

10, 000
40, 000

1

10, 000

k

2
1
' 6

917, 000

484,500

4,000

8,000

1,000

36

6, 505, 099

3, 539, 598

3

425,000

The State law practically prohibits the collection of information of this character.

Total all banks.

Assets.

7,000

24

Assets.

325,000

92,710
250,000

6
4

No. Liabilities.

1

1

1
1

-

Ohio
Illinois
W iscon sin
Iowa
Minnesota.
Kansas
Nebraska . . . . .
Colorado
New Mexico
North Dakota
South Dakota*
Oklahoma

Liabilities.

1

---

Tennessee

No.

Loan and trust companies.

Private banks.

00

209, 000

O
Ha

5
O

o

3
f1
W

o

REPORT OF THE COMPTROLLER OF THE CURRENCY.

249

R E P O R T OF THE CONDITION OF THE NATIONAL SAVINGS BANK OF T H E DISTRICT OF
COLUMBIA, AT WASHINGTON, D. C , AT THE CLOSE OF BUSINESS ON THE 30TH
D A Y OF S E P T E M B E R , 1892.
DR.

CB.
RESOURCES.

Loans and discounts (see schedule).
Due from State and private banks
and bankers
Other real estate and mortgages
owned (see schedule)
Current expenses and taxes paid . . .
Fractional paper currency, nickels,
and cents
Specie, viz:
Silver Treasury certificates
$2,453. 00
Fractional silver coin
22. 00

Total

LIABILITIES.
$214, 713. 56

Undivided profits
Individual dep o s i t s
subject to check
$209,040.15
Time certificates of deposit
1,000.00

5, 774. 84
2, 000. 00
2, 599. 95

$17, 524,11

210, 040.15

.91

227,564. 26
2, 475.00

Total

227, 564. 26

SCHEDULE.
Loans and discounts.
On demand, secured by stocks, bonds, and other personal securities
On time, on mortgages, or other real-estate security
On time, secured by stocks, bonds, and other personal securities
Total
The highest rate of interest paid by the bank on deposits is 2 per cent.

$38,707.81
175,210. 75
795. 00
214,713.56

I, Benjamin P. Snyder, president of the National Savings Bank of the District of Columbia, do solemnly vs'wear that the above statement is true, and that the schedule on back of the report fully and
correctly represents the state of the several matters therein contained to the best of my knowledge and
belief.
• BENJAMIN P. SNYDER, President.
DISTRICT OF COLUMBIA, County of Washington :
Sworn to and subscribed before me this 13th day of October, 1892.
[SEAL.]
WILLARD H. MYERS, Notary Public.
Correct. Attest:
ANDREW WYLIE, )
LEWIS CLEPHANE, \ Directors.
M. G. EMERY,
)
R E P O R T O F T H E CONDITION OF T H E NATIONAL S A F E D E P O S I T , SAVINGS AND
T R U S T COMPANY OF T H E DISTRICT OF COLUMBIA, AT WASHINGTON, D. C , AT
THE CLOSE OF BUSINESS ON T H E 30TH D A Y OF SEPTEMBER, 1892.
DR.

CR.
RESOURCES.

!

Loans and discounts (see schedule).. $1, 279, 366.15
United States bonds on hand (par
204,400. 00
value)
161, 250. 00
Stock securities, etc. (see schedule).
Due from State and private banks
21,002.63
and bankers
Bankinghouse. .•
$665,026. 55
Furniture and fixtures. 112,210.57
777,237.12
5,158.45
Current expenses and taxes paid . . .
40, 975.19
Premium on United States bonds . . .
28,280.41
Checks and other cash items
Fractional paper currency, nickels,
and centa
Species, e t c , viz:
Gold coin
$160.00
Gold Treasury certificatds
-'
9,660.00
Silver dollars
10.00
.33
Silver Treasury certificates
1,000.00
Fractional silver coin .
51.00

Total



LIABILITIES.

2, 528, 551.28
10, 881.00

Capital stock paid in
$1,000,000.00
Undivided piofits
59, 395.37
Individual deposits subject to check 1, 219,155.91
Bills payable
250,000.00

Total

2, 528, 551. 28

250

REPOKT OF THE COMPTROLLER OF THE CURRENCY.
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

$284,695.00
328, 630. 00
666, 041.15

Total

1,279,366.15

Stocks, securities, etc.
District of Columbia 5s
District of Columbia 7s
District of Columbia 3.65s
Chesapeake and Potomac Telephone Comi>any 5s
XL S. Electric Light Company 6s
"Washington and Georgetown Railroad Company 6s
Masonic Hall Association 5s
Washington Market Company 6s
State of Pennsylvania 4s
Hannibal, Mo., 6s

50, 000.00
3,000.00
27,750.00
16, 000. 00
6,000.00
41, 500. 00
2, 000.00
1,000.00
10,00(>. 00
4,000.00

Total

161,250.00

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.
DISTKICT OF COLUMBIA, County of Washington:

Sworn to and subscribed before me this 6th day of October, 1892.
[SEAL.]

WILLARD H. MYERS, Notary Public.

- Correct. Attest:
E. FRANCIS RIGGS, )
ANDREW WYLIE, ^Directors.
M. Gr. EMERY,
REPORT O P T H E CONDITION O F T H E WASHINGTON LOAN AND TRUST COMPANY, AT
WASHINGTON, I N T H E DISTRICT O F COLUMBIA, AT T H E CLOSE OF BUSINESS O N
T H E 3 0 T H D A Y O F S E P T E M B E R , 1892.
DR.

CR.
RESOURCES.

LIABILITIES.

Loans and discounts (see schednle).. $1,961,132.68
45.99
Overdrafts
18, 200.00
Stock, securities, etc. (seeschedule).
217,419.18
Due from other national banks
Due from State and private banks
11,684. 75
and bankers and trust companies.
Banking house
$557, 803.33
Furniture and fixtures,
vault work, etc
37,048.52
594,851.85
Checks and other cash items (see
schedule)
21,931.72
Fractional paper currency, nickels,
and cents
67.08
Specie, viz:
Gold coin
$10,158.00
Silver dollars
350.00
Silver Treasury certificates
23,242.00
Fractional silver coin
858.60
34,608.60
17,354.00
Legal-tender notes
Total




2,877,295.85

Capital stock paid in
Surplus fund
Undivided profits
Individual deposits
subject to check.. $1,040,299.09
Time certificates of
deposit.
688,894.36
Certified checks . . . .
305.30
Due to other national banks
•

Total

$1,000,000.00
100, 000.00
35,841.77

1, 729,498.75
11,955.33

2, 877,295. 85

REPORT OF THE COMPTROLLER OF THE CURRENCY.

251

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

$358,575.01
12, 476. 00
392, 956.10
1,197,125. 57

Total

1,961,132.68

Included in the above a r e Suspended and overdue paper
Liabilities of directors (individual and firm) as payers

51,140.14
154,870.84

Stocks, securities, etc.
Ohio National Bank stock
Eckington and Soldiers' Home Railroad bonds
Edison Electric Illuminating Company's bonds
Checks and drafts on banks, etc., in this city

$200.00
8, 500. 00
9,500. 00
21, 931.72

Total .
40,131.72
The highest rate of interest paid by the bank on deposits is 5 per cent.
I, Brainard H. Warner, president, 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.
B. H. WARNER, President.
DISTRICT OF COLUMBIA, County of Washington:

Sworn to and subscribed before me this 4th day of October, 1892.
[SEAL.]

S. A. TERRY, Notary Public.

Correct. Attest:
JOHN R. CARMODY,
^
JOHN JOY EDSON,
W. E. BARKER,
J . S. SWORMSTEDT,
F . C. STEVENS,
JOHN B. LARNER,
THEODORE W. NOYES, y Directors.
CHAS. B. BAILEY,
N. H. SHEA,
A . S. WORTHINGTON,
Louis D. A^INE,
ELLIS SPEAR,
HORACE S. CUMMINGS,

REPORT OP THE CONDITION OF THE AMERICAN SECURITY AND TRUST COMPANY, AT
WASHINGTON, IN THE DISTRICT OF COLUMBIA, AT THE CLOSE OF BUSINESS ON THE
30TH DAY OP SEPTEMBER, 1892.
DR.

CR.
RESOURCES.

LIABILITIES,

Loans and discounts (see schedule). $2,133,671.02
163.92
Overdrafts
91,000.00
Stocks, securities, etc. (see schedule)
168, 673.99
Due from other national banks
Due from State and private banks
86, 638.55
and bankers
Banking house
$152,048.20
Furniture and fixtures. 7,646.97
159, 695.17
Other real estate and mortgages
126, 549.89
owned (see schedule)
Current expenses and taxes paid . -.
8,138.38
Checks and other cash items (see
schedule)
24,315. 88
Fractional paper currency, nickels,
57.31
Specie, viz:
Gold coin
$24,635.50
Gold Treasury certificates
410.00
Silver dollars
440.00
Silver Treasury certificates
3,572.00
Fractional s i l v e r
coin
404.20
29,461. 70
23, 593.00
Legal-tender notes
Total




9, 851, 958. 81

Surplus fund
Undivided profits
Individual d e p o s i t s ,
subject to check.... $845, 693.23
Time certificates of deposit
224,388.34
Certified checks
1,519.16

$1, 250, 000. 00
100,000. 00
38,758.08

Debenture bonds

1,071,600.73
391,600.00

Total

2,851, 958.81

252

REPORT OF THE COMPTROLLER OF THE CURRENCY.
SCHEDULES.
Loans and discounts.

OD demand, secured by stocks, bonds, and other personal securities
On time, secured by stocks, bonds, and other x)<3rsonal securities
On time, on mortgages or other real-estate security
Total

$476,557.67
198, 702.00
1,458,411.35

'.

2,133,671.02

Stocks, securiticsj etc.
"Washington Gas-light Company
Choptank Steamboat Company bonds
Chesapeake and Potomac Telephone Company bonds
Checks and drafts on banks, etc., in this city
Checks and drafts on other banks

43,000.00
5, 000.00
43,000.00
20,463. 62
3, 852. 26

Total

115,315.88
Other real estate and mortgages owned.

Premises, storage warehouse, etc

126,549.89

We, A. T. Britton, president, and Percy B. M^tzger, treasurer, of the American Security and Trust
Company, do solemnly swear that the above statement is true, and that the scheduler on back of the
report fully and correctly represent the true state of the several matters therein contained to the best
of our knowledge and belief.
A. T. BRITTON, President.
PERCY B. METZGER, Treasurer.
DISTRICT OF COLUMBIA, City of Washington:

Sworn to and subscribed before me the 5th day of October, 1892.
[SEAL.]

HOWARD S. REESIDE, Notary Public.

Correct. Attest:
C. J . BELL,
)
MYRON M. PARKER, j
W. S. THOMPSON,
} Directors.
H. A. WILLARD,
JAMES E. PITCH,
j

CANADIAN BANKS.
SUMMARY OF THE CONDITION OF THE THIRTY-NINE CHARTERED BANKS OF THE
DOMINION OF CANADA, ON OCTOBER 31, 1892.
RESOURCES.

Mortgages on real estate
Loans on bonds and stocks
Current loans
Loans to the Canadian Provinces. -.
Overdue debts
Deposits to secure circulation
Dominion bonds
Canadian municipal, etc., securities.
Rail way securities
Due from other banks and agencies.
Heal estate and bank premises
Notes of, and checks on, other banks
Specie
Dominion notes
Other resources
Excess of liabilities
Total resources




LIABILITIES.

$846,797
20,392,077
194,123, 365
2,372,527
2,452,155
1,761, 259
3,328,496
8,523,980
8,137, 590
28,119,162
5,740,229
8,954,339
6,708,841
1% 813,254
1,643,493
1,425, 966
306, 343, 530

Capital paid in
Reserve fund
Notes in circulation
Due to the Dominion Government.
Due to the Provincial Governments
Demand deposits
Time deposits
Due to other banks and agencies-. Other liabilities

Total liabilities

$61,809,372
24, 832, 474
38, 688,429
2,524, 785
3, 993, 381
66,427, 727
99,934,970
7,922, 998
209,394

306,343,530

TABLES
SHOWING

THE CONDITION OF THE FIRST AND SECOND CHARTERED BANKS OF
THE UNITED STATES, AND SIMILAR INFORMATION IN RESPECT
TO BANKS ORGANIZED UNDER STATE AUTHORITY
AT VARIOUS DATES, FROM 1774 TO 1892,




253

254

REPORT OF THE COMPTROLLER OF THE CURRENCY.
REPORTS OF CONDITION OF THE FIRST BANK OF THE UNITED STATES.*

January, 1809. January, 1811.
RESOURCES.

Loans and discounts

$15,000,000
2, 230, 000
800,000
480,000

,

5, 000, 000

24,183,046

10, 000,
510,
4, 500,
8, 500,

Total.

$14,578,294
2, 807, 046
894,145
500, 653
393, 341
5, 009, 567

23, 510, 000

United States 6 per cent and other United States stock .
Due from other banks
Real estate
Notes of other banks
Specie

10, 000, 000
509,678
5, 037,125
5, 900,423
1, 929, 999
C34,348
171, 473

LIABILITIES.

Capital stock
Surplus
Circulation outstanding
Individual deposits
United States deposits
Due to other banks
Unpaid drafts outstanding .
Total.

000
000
000
000

23,510, 000

24,183,046

* American State Papers, ^Finance, vol. 2, pp. 352 and 470.

STATEMENT SHOWING THE PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OP
THE BANK (SECOND) OF THE UNITED STATES FROM 1817 TO 1840.
RESOURCES.
Tear.

1817
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1829
1830
1831
1832
1833..
1834
1835
1836
1837
1838
1839
1840

Loans and discounts.

Stocks.

$4,829,234
$3,485,195
9,475,932
41,181,750
7, 391, 823
35, 786, 263
7,192,980
31,401,158
9,155, 855
30,905,199
13, 318, 951
28, 061,169
11,018, 552
30, 736,432
10,874, 014
33,432,084
18,422, 027
31,812,617
18, 303, 501
• 33,424,621
17, 764, 359
30,937, 866
17,624, 859
33,682,905
39, 219, 602 16, 099, 099
11,610, 200
. . . 40, 663,805
'.
8, 674, 681
44, 032,057
2,200
66,293,707
61,695,913
54,911,461
51,808,739
59, 232,445
57, 393,709
45, 256, 571 ""i4"862,"i08'
41, 618,637
17,957,497
36,839, 593
16,316,419




Eeal estate.

$563,480
626, 674
1, 302, 551
1,495,150
1,848, 354
2, 039, 226
2, 295, 401
2, 345. 539
2,886, 397
2,629,125
2,136, 525
1,855,169
1,741,407
1,760,632
1,486, 561
816, 855
1,061,663
1,054,523
1,228,630

Banking
house.
$175, 201
433,808
1,296, 626
1,886,724
1, 855, 946
1, 956, 764
1,871, 635
1, 852, 935
1, 792, 870
1,678,192
1, 634, 260
1,557, 356
1,444,801
1, 344,761
1,159,637
1,181,071
1,189,125
1,238,896
967,404
420,244
443,109
424,382
610,504

D u e by for- D u e from
eign banks. State banks.
$1,033, 682
621, 667
261, 548
83, 548
1,107, 637
24, 599
1,434, 020
24,178
421,524
460, 686
356,740
482, 240
1, 530, 553
2,383,331
91, 668
3,106,833
1,801,669
1,922,498
73,171

$8,848, 315
1,203,894
2, 624, 797
2,727, 080
1,178,197
1, 717,723
1,407,573
1,287,808
2,130, 095
747,375
1,683,510
1,723,297
1,199,458
3,944,849
3, 688,143
3,058,870
4, 609,973
4,088,005
2,284,598
3,657,261
5,833,000
7,469,422

REPORT OF THE COMPTROLLER OF THE CURRENCY. 255
STATEMENT SHOWING THE PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF
THE BANK (SECOND) OF THE UNITED STATES FROM 1817 TO 1840.—Continued.
LIABILITIES.
Year.

1817
1818
1819
1820
1821
1822
1823
1824
1825
'
1826
1827
1828...
1829
1830
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840

Notes of
State banks.

I>ue to

Due to
foreign
State banks. banks, etc.

Circulation. Deposits.

Specie.

£587, 201 $1, 724,109
837, 254 2, 515,949
877, 009 2, 666. 696
443,166 3,392! 755
677, 022 7, 643,140
917, 629 4, 761, 299
766, 248 4,424, 874
705,173
5, 813, 694
056, 224 6, 746, 952
114. 831 3, 960,158
068,483 6, 457,161
,447, 386 6,170, 045
293, 578 6, 098,138
465, 047 7, 608, 076
, 494, 506 10, 808, 047
,171,676 7, 038, 023
292,655 8, 951,847
082, 640 10, 039, 237
506, 200 15,708, 369
736, 491 8,417, 988
, 206, 754 2, 638, 449
866,597 3, 770, 842
791, 580 4,153, 607
383, 686 1,469,674

$1, 911, 200 $11,233,021
8,339, 448 12, 279,207
6, 563, 750 5, 792, 869
3, 589, 481 6, 568, 794
4, 567, 053 7, 894, 985
5, 578, 782 8, 075,152
4, 361, 058 7, 622, 340
4, 647, 077 13, 701, 936
6,068, 394 32,033,364
9, 474, 987 11, 214, 640
8, 549, 409 14, 320,186
9, 855, 677 14, 497, 330
11,901, 656 17, 061, 918
12,924,145 16,045,782
16, 251, 267 17, 297, 041
21, 355, 724 22, 761, 434
17,518, 217 20. 347, 749
19, 208, 379 10, 838, 555
17, 339, 797 11, 756, 905
23, 075, 422 5, 061, 456
11, 447, 968 2, 332, 409
6, 768, 067 2, 616, 713
5, 982, 621 6, 779, 394
6, 695, 861 3, 338, 521

$1, 357, 778
1, 434, 022
2, 053, 650
2, 053, 074
2, 040, 000
1, 292, 710
1, 020, 000
2, 407, 282
251, 494
280, 056
1, 467, 806
$1, 697, 401
1,447,748
734, 900
1, 951,103
2, 091. 891
1, 522,124
3,119,172
2, 660, 694
2,284, 598 6, 926, 364
4, 957, 291 20, 479,468
3, 061, 895 22, 030, 351
4,155, 366 13, 091, 087

Capital.
$35, 000, 000
35. 000, 000
35.' 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000
35, 000, 000

STATEMENT SHOWING THE SPECIE, CIRCULATION AND CAPITAL AND THE NUMBER
OF BANKS IN THE UNITED STATES FOR THE YEARS MENTIONED.*
No. of
banks.

Year.
1774
1784
1790
1791
1792
1793
1794
1795
1796
1797
1798
]799
1800
1801
1802
1803
1804




4

.

.

*

6
16
17
17
23
24
25
25
26
28
31
32
36
59

*Elodgett's Economics.

Specie.
$4, 000, 000
10,000, 000
9, 000, 000
16, 000, 000
18, 000, 000
20,000, 000
21, 500, 000
19", 000, 000
16, 500, 000
16,000, 000
14, 000, 000
17,000,000
17, 500, 000
17, 000,000
16, 500,000
16, 000,000
17, 500, 000

Circulation.

$2, 000, 000
2, 500, 000
9, 000, 000
11, 500, 000
11, 000, 000
11,600,000
11,000, 000
10, 500, 000
10, 000, 000
9, 000, 000
10, 000,000
10, 500, 000
11,000, 000
10,000, 000
11,000, 000
14, 000, 000

Capital.

$2,100, 000
2, 500, 000
12, 900. 000
17,100,000
18. O00,000
18^ 000, 000
19,000,000
19, 200, 000
19,200, 000
19, 200, 000
21,200, 000
21, 300, 000
22, 400, 000
22, 600, 000
26, 000, 000
39,500, 000

256

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING THE NUMBER AND CAPITAL OF BANKS IN THE UNITED STATES
AT EIGHT DIFFERENT PERIODS.
1792.

1801.

No.

Capital.*

1
2
1
1

New York
New Jersey

........

Delaware
M^?r viand
District of Columbia
Total Middle States . . . .
Virginia
North Carolina
South Carolina

No.

Capital. *

No.

2, 800, 000
400, 000
500,000

1
1
6
5
5

$300, 000
400, 000
3,850,000
1, 070, 000
2, 000,000

5
7
18
12
5

$1,100,000
1,100, 000
7, 425, 000
1, 728, 000
2,000, 000

6
8
15
13
5

$1, 250, 000
815,250
6, 292,144
1, 917,0U0
1, 933, 000

5

4,100, 000

18

7, 620, 000

47

13, 353, 000

47

12, 207, 394

2

1, 260, 000

5

4, 720, 000

2, 000, 000

5, 000, 000
110,000
1,600, 000
1, 500, 000

5, 430, 000
1, 000, 000
7, 000, 000
110 000
5, 800, 000
2, 000, 000

7, 522, 760
739, 740
6,153, 050

400, 000
500, 000

2
1
2
2

7
2
3
1
4
3

8
3
4

1
1

Total Eastern States ...

Capital.*

1

.....
....

No.

6
4

4, 895, 202
2,341,395

5

4,160, 000

12

12,930, 000

20

21, 340, 000

25

21, 652,147

3, 000,000

1
2
2

1, 500, 000
450, 000
3, 000, 000

1

N~PW Uamnshire
Massachusetts
Rhode Island
Connecticut

500, 000

1, 500, 000
1, 576, 600
3, 475, G O
O
210, 000
754, 000
100, 000
240, 460
7, 856,060

$40*6,666

.........
............

1

1

675, 000

2

Tennessee
Kentucky
Total Southern States ..

150, 000

1
3
4
1
1
1
1

5, 600, 000

12

675, 000

2

3, 000, 000

7
1

200,000

4

895, 000

11
1

8,935,000
10,000,000

32
1

23, 550,000
10,000, 000

75

40,493, 000
10, 000, 000

88
1

42, 610, 601
10, 000, 000

12

Total State Banks
Bank of the United States
Total all banks

18,935,000

33

33, 550,000

76

50,493, 000

89

52,610, 601

1815.

1816.

.

1820.

No.

-.

Capital. *

1

Total Western StatesOhio

M aine
~

1811.

1805.

..........

Vermont
Massachusetts
. . . . . ..
TJ,h ode Island
Connecticut
Total Eastern States ...
New York
New »Tersev
Pennsvlvania
Delaware
M^aryland
District of Columbia
Total Middle States . . . .
Virginia
North Carolina
South Carolina
.....
(xeorsria
Florida
Alabama
Mississippi
.......
Louisiana . .. . . . . . . . . . .
Tennessee .
Kentucky
Total Southern States ..
Ohio
.
Indiana
Illinois
Michigan
Total Western States...
Total State banks
Bank of the United States
Total all banks

Capital.t

No.

Capital.t

No.

.8
10

$1, 380, 000
941,152

14
10

$1, 860, 000
998,121

21
14
10
63

11, 050,
2, 027,
. 3, 655,
19, 053,

000
000
750
902

26
16
10
76

11, 650, 000
2, 317,320
4, 017, 575
20, 843, 016

15
10
1
28
30
8
92

26
11
42
5
17
10
111

18, 946, 318
2,121, 932
15, 068, 818
966, 990
7, 832, 002
4, 078,295
49,014,355

27
11
43
5
20
10
116

18, 566, 756
2, 072,115
15,384, 597
974,500
8, 604, 782
4, 294, 013
49, 896, 763

4
3
5
2

4,121, 097
1,576, 600
3, 730,900
623,580

12
3
5
3

1
3
2
2
22

100, 000
1, 432, 300
212, 962
959,175
12,756, 614

33
14
36
• 6
14
13
116
4~
4, 5l2,T77~
3
2, 776, 600
5
3, 832, 758
4
1,502, 600

12

100, 000
1
3 ' 1,422,300
815, 281
4
2, 059, 000
2
33 17,020, 716
1,434, 719 ~2T 2, 061, 927

12

1,434,719

21

208

82,259, 590 ~246~

208

82,259, 590


* Authorized.


246

2,061, 927

1830.

Capital.!

No.

Capital.t

$1, 654, 900
1, 005, 276
44,955
10,485, 700
2, 982, 026
3, 689, 337
19, 862,194

18
18
10
66
47
13
172

$2, 050, 000
1, 791, 670
432, 625
20,420, 000
6,118, 397
4, 485,177
35, 297, 869

18, 988, 774
2,130, 949
14, 681, 780
974,900
6, 708,131
5, 525, 319
49, 009, 853

37
18
33
5
13
9
115

20, 083, 353
2, 017, 009
14, 610, 333
830,000
6, 250,495
3, 875,784
47, 666, 974

5, 212,192
2, 964, 887
4,475,000
3, 401, 510

4
3
5
9
1
2
1
4
1

5, 571,100
3,195, 000
4,631,000
. 4,203,629
75,000
• 643,505
950, 000
5,665,980
737, 817

3
1
4
8
42
74

469,112
900, 000
2/597, 420
2,119,782
8, 807,431
30,947, 334

30

25, 673, 031

20"
2
2
1

1, 797,463
202, 857
140,910
250,000

11

1,454, 386

25

2,391,230

12

i

100, 000
1, 554, 386

102, 210, 611
35, 000, 000
137,210, 611

329
1
330

110,192,260
35, 000, 000
145,192, 260

89, 822, 422 ~307~
1
89, 822,422 308

t Estimated.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

257

STATEMENT SHOWING THE NUMBER OF BANKS IN THE UNITED STATES AND THEIR
CAPITAL, ETC., IN THE YEARS MENTIONED.*

Year.

No.
88

1811
1813
1814
1815
1816
1817..
1819
1820
1829
1830

208
246
307
329
330

Capital.

Circulation.

$42,610,600
$22, 700. 000
65, 000, 000
f 66, 000, 000
80 378 504
88,185, 823 1104,500,000
89.380.709
68, 000, 000
125, 676, 446
125, 000, 000
149,000, 000
102,110, 611
40, 641, 574
110,192, 268
48, 274. 914
145,192, 268
61, 323, 898

Deposits.

Loans.

"$ii7,666,666"

Specie.
$9, 600, 000
28, 000, 000

150, 000, 000
157,000,000
$31, 244, 959
40, 781,119
55, 559, 928

16, 500. 000
19, 000, 000
21,500,000
16, 672,^63
14,939, 643
22,114, 917

200, 451, 214

*For the years 1813,1814,1815,1817,1819, and 1830, see Elliott's Funding System, pp. 735-737 and 984;
for the other years see Considerations on the Currency and Banking Systems of the United States 1831,
pp. 45,49, and 53.
t Estimated average.
STATEMENT SHOWING THE NUMBER OF BANKS IN THE COUNTRY, THEIR CAPITAL,
ETC., IN THE YEARS MENTIONED.*
No.

Year.
1811
1815.
1816
1820
1830
1834
1835
1836
1837
1838
1839
1840

208
246
308
330
506
558
567
634
663
662
722

Capital.
$52, 720, 601
82, 259, 599
89, 822, 422
137,210,611
145,192, 268
200, 005, 944
231, 250, 337
251, 875, 292
290, 772, 091
317,636,778
327,132, 512
358, 442, 692

Circulation.
$28,100, 000
45, 500, 000
68, 000, 000
44, 863. 344
61, 323, 898
94, 839, 570
103, 692, 495
140. 301, 038
149,185,890
116,138,910
135,170, 995
106,968, 572

Deposits.

$35, 950, 470
55, 559, 928
75, 666, 986
83, 081,365
115,104, 440
127, 397,185
- 84,691,184
90-, 240,146
75, 696, 857

* Elliott's Funding System, p . 984,

9647-

-17




Loans.

$200,451,214
324,119, 499
365,163, 834
457, 506, 080
525,115, 702
485, 631, 687
492, 278, 015
462, 896, 523

Specie.
$15, 400, 000
17,000,000
19, 000,000
19, 820, 240
22,114, 917
43, 937, 625
40, 019, 594
37, 915, 340
35,184,112
45,132, 673
33,105,155

258

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT

SHOWING

BY

STATES, ETC., T H E

PRINCIPAL

RESOURCES

AND L I A B I L
STATES, I N

RESOURCES.

States, etc.

Maine
New Hampshire .Massachusetts
Vermont
Ithade Island
Connecticut
Total Eastern
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total M i d d l e
States
Virginia
North Carolina
South Carolina
Georgia
^
Alabama
Mississippi
Tennessee
Kentucky
Total Southern
States
Ohio
Indiana
Illinois.. •
Missouri
Total Western
States
Total S t a t e
banks
Bank of the United
States
Total all banks..

Loans and
discounts.

D u e from

other banks.

Specie.

U.S. stocks. Other stocks, Real estate.
etc.

$2,512, 716.73
1, 446, 089.39
12, 928,188. 04
77, 326. 00
3, 269,044. 28
496,453.23

$251, 730. 51
129, 587. 26
1,451,303.01
135, 269.03
288, 256.98
52,688. 70

$339, 749. 45
153, 831.53
901, 700.41
49, 690. 69
406, 867. 80
44, 645. 70

20, 729, 817. 67

2, 308, 835.49

1, 896, 485. 58

260,504.63

249,086. 75

711, 586. 58

291, 405. 00
13,183, 861. 93
1, 509, 999. 49
127, 579. 75

53,780. 00
1, 208, 828.44
120, 500. 00
10, 835. 52

2,000, 000. 00
21,413. 00
1, 061, 067. 23
115, 502. 95
21, 030.15

109, 600. 00
411, 676. 00
1, 285. 26

40,125. 00
405, 631. 26
75,920. 00

2, 200. 00
351, 537. 02
91, 684. 51
2, 925.16

6,823, 374.98

749, 269.14

265, 234. 00

100, 443. 46

635, 931. 93

301, 970. 54

21,936,221.15

$6, 294. 38
$128,844. 03
i a l , 6G0. 60

$90, 780. 59
51,112. 93
48, 498. 2Q 421, 230. 37
14, 714. 23
91,539. 88 137, 474." 69
88,040.00
10, 988. 00

2,143, 213.16

3, 484, 247. 33

623, 004. 72 1,157, 608.19

750, 317. 23

7, 326, 777. 66
6,255,928.00
2,165, 639. 73
1,175,397.32
858, 729. 05
1,257, 859. 46
2,214, 729. 56
5, 859, 262. 30

250, 988. 74
506, 388. 00
63, 832.96
136, 325. 00
353, 033. 93
56, 361. 97
218, 060. 73
243, 737. 08

993, 672.76
705, 582. 00
245, 487. 98
346, 445. 61
192, 708. 46
79,608. 01
343, 884.41
693, 381.19

87, 302. 01
152,093. 00
75, 399. 87

18, 905.40
150, 610.98

330, 965. 64
190, 620. 00
76, 341. 57
11, 700. 00
4, 675. 00
32,3^8.00
40,4-T3. 58
6, 367. 62

27,114, 323. 08

1, 828, 728.41

3, 600,770. 42

545, 000.19

693, 431. 41

2, 779, 314. G3
300, 278. 91
206,694.32
456, 946. 00

422, 269. 60
395, 932. 70
59, 332.18
447, 941. 00

433, 612. 04
86, 350. 83
74, 715. 51
252,563 50

294, 765. 99
25, 000.00
6,614. 00

92, 999. 70
2, 656.10
175.00
11, 667. 38

3, 743, 233.86

1,325,475.48

847, 241.88

326, 379.99

107,498.18

73, 623,595. 76

7, 616, 252. 54

9,828, 745.21 1,506, 320. 52 2, 278,075.12 2, 262, 923.40

29,392, 668. 39

2, 964, 860. 65

3, 254, 479.91 7, 252, 501. 34 2, 9e'8, 738.10

622,811.17

60, 688. 93

622, 811.17

780, 992. 59

103,016, 264.15 10,581,113."19 13, 083, 225.12 8,758,821.86 5,246, 813. 22 3,043,915.99




REPORT OF THE COMPTROLLER OF THE CURRENCY.

259

ITIES OF THE STATE BANKS IN THE UNITED STATES, AND THE BANK OF THE UNITED
THE YEAR 1819.
LIABILITIES.
Deposits

Capital.

Circulation.

Due to b a n k s .
Public.

Private.

$1, 336, 783. 00
589,114. 00
2,474,107. 00
185, 342.00
738,192. 97
138, 234. 00

$34,609. 86

38, 857. 81
22, 348.49

$253, 582. 27
117,441. 26
2,510,194.44
46,121.77
464, 654. 08
53, 4? 1.40

16, 511, 977.96

5,461, 772. 97

202,157.45

20,488, 933. 00
214, 740. 00
8, 595, 788. 59
974,900. 75
86,290. 00

12,500, 000.00
110, 624. 00
3,919,894.80
405, 972. 62
44,435.50

j
25, 417. 00
37, 322. 84

5,525, 319. 00

838, 030.36

35, 885, 971.34
5, 212,192. 50
2 964 887 00
1. 800, 000. 00
' 600,000. 00
321,112. 50
900, 000.00
1,545, 867.50
4, 307,431.56
17, 651, 491. 06

10, 822, 735. 71

943, 704.15

1, 697, 463. 21
202, 857. 07
140, 910. 00
250,000. 00

1, 203, 869.46
276, 288.50
52, 021. 00
135, 258. 50

191, 454. 22
191, 484. 95
119, 036.92
700,679.05

2, 291, 230. 28

1, 667, 437. 46

$1, 536, 666. 66
1, 005, 276. 00
10,475,116.68
44, 955. 00
2, 982, 026.12
467, 937.50

Undivided
profits.

953. 44
1, 748.00

$39, 629.87
68, 789. 85
319,134.16
581.18
100, 059. 81
9,116. 24

3,445,425. 22

7, 561.99

537, 311.11

127,186.00
2, 880, 928. 33
211,454.37
27,153.41

15, 772. 00
1 009, 565. 53
177, 237. 75
1, 727. 91

24,784. 00
279,192. 39
145, 326. 78
2, 763.76

980, 510. 08

464, 393. 30

765, 510. 32

302,460.99

17, 818, 957. 28

1, 043, 249. 92

3, 711,115.41

1 969, 813. 51

754, 527.92

2, 733, 745. 88
3, 851, 919. 00
788, 200. 00
705, 203. 50
166, 686. 62
275, 447. 00
898,129. 00
1, 403, 404.71

37, 396.47

844, 659. 20
635,761.00
377, 163. 00
202,481. 76
70, 243. 92
212 980 01
262, 866. 22
1, 035, 653.18

88, 931.96
142.568.00
6^ 047. 50
109,215.54
29, 884. 00
1, 752. 25

72, 780. 80
315, 476. 00
278,102. 78
51,801.95
23, 653. 54
37, 740. 43
82, 253. 25
205,117. 47

3, 641, 808. 29

378, 399. 25

1, 066, 926. 22

262,999. 88
25, 264. 68
32, 568. 60
72, 973.00

578,891.91
104, 737. 23

88, 283. 28
9, 586.11
2. 994.49
10, 207. 33

1, 202, 655.14

393, 806.16

683, 629.14

111, 071. 21
2,469, 836.46

106, 341. ?9

888', 138! 79
17, 003. 71

$4, 860. 55

72, 340, 770. 64

35, 770, 903.42

3, 391, 766. 66

11,192,155. 08

3 039, 403.89

34,973, 828. 63

3, 810, 111. 40

2, 862,964.14

2, 631, 452. 76

817, 858. 33

1, 913, 431. 42

107, 314, 599. 27

39, 581, 014.82

6, 254,730. 80

13, 823,607.84

3, 857, 262. 22

4, 383, 267.88




260

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE
YEARS. 1834

1834.

KESOUECES.

States, etc.

No. of
banks. Loans and
discounts.

Miaine .
............
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

20
24
17
103
58
21

$4,359, 874
3, 450, 820
1,870,813
47, 200, 477
9,607,285
8, 307, 824

Total Eastern States..

243

X^ew York
.
Pennsylvania
Maryland
--- . . . . .
District of Columbia

78
41
8
8

Total Middle States . .
Virginia
North Carolina
Alabama
Mississippi
Tennessee . . . . . . . . . . . .
Total Southern States.
Total United States . .

Notes of
Due from
other
banks, etc. Real estate.
banks.
$455,975

Specie
funds.

234, 980
365,000

355, 079
2,824, 985
262, 859
702, 979

$97,077
82, 359
15,485
867, 762
200, 725
169, 466

$132,701
92,623
66, 442
1,952,417
261,109
37, 724

1,119,417

74, 797, 093

609, 980

4, 601, 877

1, 432,874

2, 543, 016

1, 405, 533

57, 689, 704
31, 587, 030
8, 530, 786
3, 693, 720

395, 309
1, 390, 074
497,295
942, 703

9,560, 018
2, 636,166
430, 239
525, 371

1, 580,701
1, 211, 878
419.397
395,495

6, 088, 734
2, 678,175
924, 045
308, 953

3, 225, 381 13,151,794

3,607,471

9,999, 907

913, 476
399, 453
423,449
254,592
456, 062

649, 762
234, 378
68, 047
62, 609

592,998
77, 585
492,549
11,995
455,034

1, 014,796

1, 630,161

135 101, 501, 240
20 | 11 7<v;t n.^fi
3
1, 807, 209
5
6, 381, 595
1
5.461,464
1
2,117,371
30

Stocks.

27, 519, 697

408 203,818,030

$10,000

150, 641
20, 325
24, 000
194, 966

2,447,032

4, 030, 327 20, 200, 703

6,055,141 14,173, 084

$286,116

1,405, 533

1835.*
Maine
New Hampshire
Massachusetts
Rhode Island
Connecticut
Total Eastern States.

36
25
105
61
31

$6. 631.135
3, 805, 383
48, 342, 020
11,085,543
8, 899,656

258

78, 763, 737

New York
New Jersey
Pennsylvania
District of C o l u m b i a . . .

61, 968, 094
43,189
28, 395,900
> 3.115,524

Total Middle States .

156 I 93,522,707

1,249,408

514, 752

5,614, 336

1, 467, 958

2, 928,185

1, 758, 262

551,568 12, 241, 905

6, 805, 045

670,363
8, 736

2, 600, 044
263,731

1, 594, 937
28, 528
1, 633,159
268,425

3,025, 099 15,105, 680

3, 525, 049

9,509, 957

975,162
932, 816
614, 664
8,385
1,404,342
353, 252
2, 850, 701
15, 357
449,454

633, 093
63,519
306, 033
14, 947
81, 622
128, 208
75, 705
231, 046
31, 641

458,921
499,023
703, 963
16, 220
382, 892
158, 410
40,670
30, 822
166,377

7, 604,133

1, 565, 814

2,106, 819
366, 712

128,715
473,973
1, 229, 662
7,959

1, 897, 239

85, 707
9,751, 973
531,843
313,902
1, 336, 225

Michigan




$287, 629
110,508
2, 097, 798
379, 618
52, 632

87,001,178

Total Southern States
Missouri
Ohio
Indiana
Illinois

Total United S t a t e s . .

$149, 752
365,000

$110,323
86, 890
922, 544
171, 680
176, 521

11. 277, 304
3, 886, 441
7,714, 851
233,209
9, 219, 586
10, 379, 650
37,388,839
861, 211
6, 040, 087

Virginia
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Kentucky
Tennessee

Total W e s t e r n States

9, 471
3, 797,927
290, 290
846, 648

45

12, 019, 650

575 271,307,272

16,930
40,000

2,500

2,500

20,040
1, 433,836
29, 417
209, 396
272, 210
1, 964,899

5,439, 590 30, 289, 048
* Incomplete.

$508, 854

2,366,852
338, 060

2,457,298 |

108, 501
1,715
4,671
22,794

41,305

41,305

322, 338
1, 272, 268'.
78,150
20,150
121,445

137, 681

679, 099

1,814,351 .

6,696,502 16,709,791 { 2,478,666

REPORT OF THE COMPTROLLER OF THE CURRENCY.

261

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES IN THE
TO 1863.

1834.
LIABILITIES.

EESOUECES.

Specie.

Other
resources.

$137,420
354, 390
50 958
1,160, 296
467, 407
118, 640

$18, 440
. 13,652

2,289, 111

32, 092

Capital
stock.

Circulation.

Deposits.

$293, 000
2,454, 308
921,815
29, 409,450
8, 041,132
6, 851, 909

$1, 358, 914
1, 068,145
1,463, 713
7,650,147
1, 251, 435
2, 407,496

D u e to banks. Other liabilities.

$704,079
314, 971
180, 792
13,308, 059
2, 273. 237
1,167, 964

$103, 598
2 082
2,393, 301
153,891

50, 609, 614

15,199, 850

17,949,102

2,652,872

2, 657, 503
2, 909,105
595, 205
432, 077

27, 755, 264
17, 061, 944
5, 270,091
3,337,305

17, 820, 402
10,366,232
1,433, 698
1,109, 389

19,119, 338
9, 819,140
3,125, 035
1, 247, 655

10 590 265
2, 720, 349
596, 236
391, 822

6,593,890

53,424, 604

30, 729, 721

33,311,168

14, 298, 672

937, 751
78, 507
477, 992
113,220
86,455

5, 694, 500
1, 372, 325
4, 308, 207
2, 666, 805
1, 243, 827

5, 598, 392
958. 934
2,054,471
1,510,426
1, 520, 880

2, 875,774
421,012
1,108, 468
545, 353
125,486

634,392
56 817
292, 817
1, 020, 911
73,467

1, 693, 925
10,576,926

403,232

403, 232

15,285, 664

11. 643,103

5, 076, 093

2, 078,404

435,324

119,319,882

57, 572, 674

56, 336, 363

19, 029, 948

1835.*

$18, 078
16, 904

$3, 785, 000
2, 555, 008
30,410, 000
8,750, 581
7, 350, 766

$2, 346, 076
1, 347,124
9,430, 358
1, 644, 289
2, 685,400

$1, 402,145
437, 797
12, 921, 701
1,699,089
1,257,030

3, 490, 098
189,486
25, 673

$2, 000

2,039, 733

34, 982

52, 851,355

17,453, 247

17, 717, 762

3, 954, 336

2,000

7,169,949

27, 813
11, 344
29, 497
68,654

16,199, 505
30, 247
7,569, 561
692,536

20, 088, 685
20,532
8, 965,311
1,125, 618

16, 551, 841

3, 421,920
474,199

30, 481, 460
50, 000
17,737, 064
2,613,985
50, 882, 509

24, 491,849

30, 200,146

20, 612, 001

5, 593,198
2,156, 318
3, 69l, 329
133,531
3,472,413
2,418,475
5,114,082
87,564
3,189, 220

3,115, 974
1, 600, 956
1,014, 674
67. 215
1, 247, 926
1, 888, 762
7,106, 628
7, 828
664, 002

149, 990
499, 827
6,441
1, 008, 578
680, 987
3, 997, 667
8,147
119, 795

1, 339, 8:51
206, 353
119,165

25, 859,130

16,713, 965

, 6,471,432

1, 937, 324

5, 221, 520
456, 065
178, 810
636, 676

526, 398
2, 090, 065
127,236
123,695
686, 450

55,727
667, 942
3,985
5,739
15,729

3, 553, 844

$207,765
1,136,444
566, 416
129,108

11,066, 068
1,160,401
754, 219
1,781,835
14,312
916,135
359, 302
2,824, 904
2,284
290,472

2,531,684
70, 261
383,391

5, 840, 000
2, 288, 030
6, 783, 302
114,320
5, 607, 623
5, 890,162
26, 422,145
792,423
2, 890, 381

8,103,864

3, 252, 363

56, 628, 386

267,027

155, 341
1, 707, 835
751, 083
243,223
112,419

132,917

5, 819, 692
800, 000
278, 739
658,980

2, 969, 901

179,156

7,557,411

6,493, 071

24,179, 566

3,535,155

167,919, 661

74, 297, 297

44, 531
1,708




* Incomplete,

68,185,717

$249, 079

3,722,479
337, 681

749,122
31, 786, 891

4, 886, 845
1,000
615, 510
5, 503, 355

25.611
10,000
186, 364

213,713
200, 000
413,713
7, 856, 392

262

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWINO B I STATES, ETC., THE NUMBER OF STATE BANKS IN THE

1836.
EESOUECES.

No. of
banks. Loans and
discounts.

States, etc.
Maine
NewH ampshire.
Vermout
Massachusetts.. Connecticut

55
26
19
117
31

151 ,121,492,352

4,458,183 21,024,100

727267li

14, 329, 680
3, 441, 241
16, 316, 319
15,138,142
2, 340, 850
15, 020, 505
19,124,977
51, 234,158
8, 818, 406
9, 862,921

Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.
Mississippi
Louisiana
Kentucky
Tennessee
Total Southern States.

Illinois
Michigan

$383, 700

46,609
5,126, 901
582, 703

383,700 I 6,407,175
803,159 15,991,168
1, 621,018 2, 834, 073
1,705,706 1, 669, 711
328, 300
529,148

248 ! 83, 296, 734

New York
Pennsylvania
Maryland
District of Columbia
Total Middle S t a t e s . . .

\

Total Western States
Total United States..

Real estate.

$650, 962

35, 987, 776
9,520, 683
3,157, 782

Total Eastern States..

Missouri
Ohio
Indiana

$7, 821,023
4,501, 701
2, 594, 675
56,643,172
11, 736,163

rom

Stocks.

155_ 155,627,199
976,185
17,079, 714
32
2, 004, 683
11
1. 203, 763
7
10
2, 099, 688

T

"iris"

167,166
984,198
1,236, 749
600,

000

. 807,568
1, 690, 000
584, 092
6, 069,

2, 264, 746
674, 213
2, 014, 435
1, 303, 029
213,900
1,441,198
599, 343
3,460, 917
587, 611
1,152, 634

773 13, 712,

026_

109, 049"
3, 318. 708
1, 278, 223
55,689
1, 671, 325

23, 364, 033
383, 780,318 10, 911,

6, 432,
656 47, 576,

994
295

Notes of
other
banks.

Specie
funds.

$129, 831
87, 622
40,502
1,140, 005
191, 056

84,949
126, 048 $801, 913
3, 428, 853
63,094 1,770,118

1,589,016

3,969, 550 2,572, 031

1,811, 925 107237T57I
1, 699, 579 3, 971, 270
715, 366
464, 903
318,684
320, 074'

1, 277,

886

4, 295, 091 115, 244, 284
560729T
629,
141,164
107,
902, 255
148,
1, 016, 322
309,
280,562
15,
429, 436
140,
543, 085
196,
1,680, 565
3, 611,
1, 659,168
169,
206, 518
59,

1, 277,

886

5, 388,

675

7,419, 366

223,375
17,214
8,296
25, 707

2, 725, 262
557,612
69, 983
200, 710

274,592 3, 787,
11,547, 374 30, 420,

238
438

3,849,917

1S37.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

53
27
19
129
62
31

$7, 066, 350
4, 829, 562
2, 405, 249
58,414,182
13,401, 344
13, 246, 945

Total Eastern states..
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

321

99,363, 632
569.378 8,239,103 1, 781, 438 4, 079, 433
85, 029
79, 313,188 1, 794,152 18, 832, 254 '272637857" 12,487, 610 3,268,646
6, 700,072
669, 211
70, 845
' 150, 513 344, 560
44, 601,933 1. 551, 908 4, 697, 053 1,740, 242 4,147, 647
1, 470, 687 193,126
277,284
83,035
88, 372
14, 986, 487 1, 678, 515 1, 396, 558
530,141 1, 521,432
4, 204, 512 220,152
433,233
306, 073
394,406

Total Middle states...
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Kentucky
Tennessee
Total Southern states.
Missouri
Ohio
Indiana
Illinois
Michigan

25
49
4
21
7

$599, 894
431,693
5, 814, 224
143, 362
45], 978
416, 016
941,314

$10,000

$137, 604 $155, 566
80,444
154, 306
53, 793
33, 728
1,155,723 2, 988, 617
430,426
198,056
296,725
175,883

204 151, 276, 879 5, 508, 698 26, 305-, 593 5,073,861 118,984,027
23
10
12
32
4
7
18
47
14
7

77
5, 769, 094

276, 734

V7

681, 076
18, 899, 838 1,402, 226
882,473
16, 692, 215 1,253,334 1, 941,452
2,444,642
152, 430
408, 887
18,133, 788
126, 373
24, 351, 414
52, 000 1,343, 647
59,108,741
100, 000 3, 607,412
11,631,475 2, 066,000 •1, 945, 015
10, 960, 368
790, 379

797,137
632, 710
181. 675
123,424
819,143
210,191
1, 230, 047 1, 571, 377
76,334
14, 969

$85,0'J9

3, 268, 646

223,700

465,430 • 638,148
4,761.168 2, 467, 229
147, 073 1, 301, 518
70,048
412, 640

174 1186,013,004 I 5,302,724 15, 380, 919

7,655,060 8, 265, 201

508, 204
4, 597, 579
1,457, 204
620, 790
14, 250 1, 496, 583

449, 064
271, 558 1, 710, 827
487, 753
48,901
268, 653
14,179
37, 064
308, 305

14, 250

371,702 3, 224, 602

1, 398. 811
18,178, 699
3,179, 271
3. 098, 751
2, 946, 697
64 I 28,802,229

8, 680, 360

21:3,700

Total Western States.
763 465,455,744 11, b'95, 050 1587605, 975~14, 882,061 34,553, 263 3, 577, 375

Total United States ..


REPORT OF THE COMPTROLLER OF THE CURRENCY.

263

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—nontinued.

1836.
LIABILITIES.

RESOURCES.

Specie.

Other
resources.

$387,169
535, 960
76, 802
1, 455, 230
$139, 454

Capital
stock.

Circulation.

Deposits.

D u e to banks. Other liabilities.
$279,479

$5, 226, 700
2.663,308
1. 125. 624
34; 478.110
8, 519, 368

$1, 912, 418
1, 526,112
2, 086, 860
10,892, 249
3, 874, 212

$1, 665, 277
816 570
348, 875
8,784, 516
1,465,977

23, 874
5, 063, 887
488, 793

$26,701
153,124

2,455,361
6, 224, 646
3, 876, 868
972, 090
643 582

139,454
442,696
43. 477
103, 650

52, 013,110
31, 281, 461
18, 858, 482
7, 662, 639
2,339,738

20, 291, 851
21,127, 927
10, 932, 023
1,923,055
961, 798

13, 081. 215
29, 532, 616
13, 347, 977
3, 264,186
3,385,523

5, 856, 033
19, 783,482
4, 097, 333
2,004, 560
460, 768

179, 825
4, 068, 891
434, 844

11, 717,186
1, 552, 528
314. 896
2, 500,427
2, 602, 595
39. 0;7
1, 562. 494
659. 470
2, 607. 587
1,199, 354
211, 976

589,823
3,482
115,219
237, 769
191.978
90,350
205, 002
1, 465, 011
6, 279, 650
113,218
41, 567

60,142, 320
6, 511, 300
1, 769, 231
7, 936, 318
8. 209, 967
1,484. 385
6, 558. 969
8, 764; 550
.34, 065. 284
5,116, 400
4, 546, 285

34, 944, 803
8,182, 763
2, 050, 518
7,488,727
7, 971, 587
714,589
6,172,107
4,490, 521
7,130, 546
3, 819, 480
4, 205, 508

47, 530, 302
3, 548,414
655,311
4, 021, 210
3, 295, 930
449, 451
3,152, 047
6, 401, 518
11,744,712
1, 925,101
1, 514, 065

26, 346,143
457, 685
193,181
1, 8(53, 376
1, 074, 247
221.165
1,123, 864
1, 027, 020
7,161,452
1,149, 969
392, 568

4,517,531
2,423
41, 630
1,125,497
349, 000
47,506
1, 556, 837
2,106, 688
4, 091, 574
1,769, 017
1, 087, 381

13, 250, 364
371. 598
2, 924, 906
869, 839
279, 670
172, 071

8,743, 246
2.044
29,075
226,404
4, 465
100, 472

84, 962, 689

52, 226, 346
9, 675,644
1,981,650
653,661
1,184, 498

36, 707, 759
1, 382, 262
6,125, 614
1,673,887
252, 734
2,114,943

14, 664, 527
297,928
1,420, 613
78, 823
13,175
52,922

12,177, 553

8, 369, 744
1, 279, 857
478, 220
909, 779

4,618,084
32,040, 795

362, 460
9, 834,983

11, 037, 600
208,155, 719

13,495, 453
120, 958,453

13.t>49,440
108^868,716

1, 863, 461
48, 730,164

1, 274. 397
18,149, 306

$251, 294
790,175
97,333
1, 517, 984
243, 482
415,386

$1, 366, 785
1,662,953
1,457,441
10, 273,119
1, 864,132
3, 998, 325

61,202, 345
i, 1*7, 374
282, 283
14,059,449
2,113. 270
1, 484,966

$321, 566

$23, 942
56, 019

$5,157,250
2, 839.508
1, 274,970
38, 280,000
9, 837,171
8,744, 697

44,112
5, 721,970
603,974
639,824

3, 315, 654
6, 557. 020
336,132
8,113, 990
161, 860
1,139, 347
438, 327

79, 961
1,123, 225
8, 028
2,178, 211
2,312
65, 543
75, 912

66,133, 596
37,101,460
3,970, 090
23,750,338
817. 775
10.438, 655
2, 204,445

20, 622,755
24,198, 000
1,755,829
13, 794,014
806, 665
3,310, 835
1,136,557

20, 289, 687
30, 883,179
1,139, 827
12, 902, 251
410, 824
4,840,477
1, 950, 736

7,331.446
20,462, 823
388, 512
7, 224,953
69, 263
1,443. 476
597,235

288,130
7, 078,167
532,032
1, 411,498

11,746, 676

3,453, 231

78, 282, 763

45, 001,900

52,127, 294

30,186, 262

9, 729, 895

1,624, 899
883, 011
1, 664, 786
2, 860, 326
108, 063
1,572, 246
1,369,457
3,108, 416
1,456, 384
378, 930

1,218

6, 731, 200
2, 525, 000
8, 636,118
11, 438. 828
2, 046. 71G
7, 572.176
12, 872, 815
36, 761), 455
7,145, 326
5,092, 665

9,107, 347
3, 319,428
7, 223, 616
8,058, 739
701, 801
7,090, 819
5, 073, 425
7, 909, 788
4,105,155
4, 272, 635

5, 309,554
1, 387,120
5, 048, 477
2, 943,632
442,097
3,073, 979
5, 345,384
11,487,431
3,428, 666
2, 230,833

548, 391
262, 070
1, 885,173
1, 546, 834
136, 898
1, 839, 237
2, 226, 677
11, 817, 341
1, 635, 924
236,937

294, 747

1, 723, 817
893, 422
1,733, 682
380,495

100, 830, 293

56, 862, 753

40, 697,173

22,135, 482

6, 241,163

8. 326,974
1,970, 595
1, 565, 373
1, 350, 325

2, 262,900
7,590, 933
2, 738,405
828, 644
2, 379, 380

299, 749
1, 471, 659
66, 867
37,342
218, 035

63,777
1,681

13, 796

921,665
128, 392
200, 000
25,000

1837.

15,027,118

442, 392
187, 016
59,881
5,000
528, 876
25,000
1,249, 383
3,241

222, 924
3,153,334
1, 204,737
590, 794
564,275

270,197
11, 070
28,161

5,736,064

312, 669

14,247,537

13, 213, 267

15, 800,262

, 2,093, 652

5,095,244
35,825,
 512


259,494,189

135, 700,675

128, 914, 416

61, 746,842

9, 247, 296
1, 585, 481
2,014, 760
1,400,000

$288,130

705,139
3,059

803,578
377,967
33,455

65, 458
16,324,646

264

REPORT OF THE COMPTROLLER OP THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THUS
1.S38.
RESOURCES.
States, etc.

No. of
banks. Loans and
discounts.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States.
New York
.,.
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia . .
Total Middle States .
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Arkansas
Kentucky
Tennessee
Total Southern States
Missouri
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Total Western States
Total United States -

50
27
19
120
62
31
~309~

Maine
N e w Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia- - Total Middle States .
Virginia
N o r t h Carolina
South Carolina.
Georgia
Florida
Alabama
Louisiana
Arkansas
Kentucky
Tennessee
Total Southern States
Missouri
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Total W e s t e r n States
Total United S t a t e s . .

50
28
19
118
62
31

Stocks.

$367, 392
531,638
11,846
5, 027. 800
604, 631
730, 283

$128,154
82, 250
36, 699
1, 066, 327

2, 7957207 1371967195
2,438,001
645,909
1, 345, 312
193, 333
/5507240 25,3727906
636, 404
127,424
211, 759
2. 358, 781
466,134
158,499
1, 618, 676
4, 235,476

185,^89,167
1,034, 852
45, 274
17, 212, 694
1, 340,338
3, 556, 341
281, 393
4, 416, 577
234,145
3, 773, 370
569, 011
45, 908
152, 676^
30,1467510
786 1427,120, 811 17,8il702T

473,895
177,763
533,356
512, 048
107,392
117,625
058, 274
508, 701
450

50,101
387,427
97, 301
27,533
123,1.3

223,930
864,597
209,185
70, 718
233,031
27,432

$190, 210
83, 430
38,975
1,141,595

$170, 205
128, 816
92, 684
1, 552, 070
342,409
223,190
2,509, 374

1839.




68, 300, 486
6, 725, 742
37, 613, 266
1, 643, 249
15,844,163
3, 221, 299
199 133,348,205
27
10
13
38
7
7
16
3
16
22
159

$5,160

$590,769

119, 740
567, 269
238,794
692,169 6,189, 500
1, 693, 004
590,769
911,623 14,122, 940" 2, 557, 655 3, 907,137 2, 838, 694
3, 002, 297 1,857, 700
374, 449
1, 288, 315 3,653,815
1, 705. 682 3, 483, 977
188,164
209, 814
78i 966
158, 497
1,899, 352 1,933,601
553,818 1, 358, 239
236, 661
245,186
270,336
217,492
7, 526, 412 22, 023,056 "5745373I6" 9, 499, 791 2, 838, 694
659,391 1, 467, 302
760, 596
571,025
132,149
1, 090, 936 1, 393, 861
166, 025
1, 682,445 1,138,115
1,442, 220
337, 840
244,833
247, 225
8,828
1,799, 278
1,119, 871
1, 723, 244
106,180
59, 612
1, 421, 067
861, 798
1, 037, 349
1,341,317
9, 865. 339
7, 854, 057
8,828
422, 792
5937350"
1, 588, 623
1,180,379
226, 521
155, 813
144, 386
701, 290
331,860
3, 263, 750
57,158
623,948
340,129
84,130
166, 663
411^656 2,501,73T
3, 347, 880" 3^563,17T
1779257823" 41~6il70G9" T370097048 22, 364, 953 I 3,438; 291

REPORT OF THE COMPTROLLER OF THE CURRENCY. 265
UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1838.
RESOURCES.
Specie.

$271, 981
148, 793
157, 033
2, 394, 624
474, 278
535, 447
3, 982,156
4,139, 732
418,992
3, 726^ 343
122, 810
1, 259, 908
318, 354
9, 986,139
1,366,582
705,389
1,323, 779
2, 659, 723
161, 310
695, 966
766, 360
2, 729, 983
96. 455
1, 716 489
595,667
12, 817, 703
628,167
2, 674,212
1, 221,181
684, 487
435, 073
83,494
5,726, 614
32, 512, 612

LIABILITIES'

Other
resources.

<"$309, 979
250, 205
560,184
6,012, 661
380.117
2, 782, 433
2, 337
57, 649
169,793
9, 404, 990
123,305
34,495
98, 325
493,239
122,412
213, 380
4, 731, 925
1, 791, 030
141, 052
321, 301
345, 792
8, 416, 256
67,335
298, 658
4,944
253, 681
624, 618
19, 006, 048

Capital
stock.
$4,984, 000
2,839, 500
1, 304, 530
34, 630, 000
9, 852, 353
8, 754,467
62, 364, 850
36, 611, 460
4, 997, 012
24, 745, 405
990, 668
11, 249, 319
2,175,970
80, 769, 834
7, 005, 356
2, 980, 640
7, 947, 419
12, 036, 748
2, 387, 585
8, 399, 248
19,231.123
39, 943; 832
413,105
8,499, 094
5, 309, 454
114,153, 604
607, 398
11,331,618
1, 900, 687
4, 673. 050
1, 918! 365
119, 625
20, 550, 743
277, 839, 031

Circulation.

Deposits.

$1,177,555
1, 111, 074
2, 043, 843
9,400, 513
2,154,524
1, 920, 552
17,808,061
12, 432,478
1,345.241
10, 569; 649
668, 386
3, 002,085
764, 822
28, 782, 661
7,178, 776
2, 267, 793
4,456, 618
7,459, 563
621, 393
7,235,110
7, 472, 334
7,558, 465
8,100
3, 600, 570
2, 621,185
50, 479, 907
94, 000
6, 221,136
2,308,130
1, 990, 993
1, 724, 409
141, 363
12,480,031
109,550, 660

Due to banks.

$826, 806
$278,985
466, 092
330, 772
4,973
9, 621, 217
3, 526, 687
1,395 466650, 667
869, 801
224, 378
13, 510,154
4, 685, 690
15, 895, 684
15,221,487
495, 993
820,805
8, 786,192
8,032, 787
45 587
473,235
2, 689, 978
3,401,238
1, 222, 052
553, 511
30, 599, 206
27. 039, 343
3, 028. 954
342,568
756, 591
187,774
3, 490, 206
698, 765
2, 789, 675
2, 414, 223
417,191
173, 404
5,109, 247
2, 216. 762
4, 638, 669
3, 039, 201
7, 426, 468
9,131, 466
87, 242
2,159, 700
872,112
1, 502, 271
660, 513
31,406, 214 I 19, 736, 788
748, 655
312, 761
4, 071,975
481, 344
136, 647
952, 009
348, 995
789, 562
196, 366
1, 313,289
163
43, 228
7,918,718 i
1,476,276
83, 434, 292
52,938,097

Other liabilities.

$201, 205

69, 565
360, 770
6,142, 047
4, 365,176
3, 996, 340
1,105, 065
15, 608, 628
1, 600, 386
1,610,411
405, 422
637, 376
1,293, 351
3, 505, 364
3,748, 343
102,095
1, 245, 005
2, 370,481
16,518,234
297, 808
1, 509, 459
5,720
188, 830
113, 959
9. 435
2,125, 217
34, 612,849

1839.
$241,951
187,961
129, 319
1, 838, 272
462,002
502,180
3,361, 685
6,602,708
433, 778
3, 282, 213
141, 589
1, 679, 066
415, 573
12, 554,927
2, 360,423
723, 875
2,000,149
2, 531, 737
188, 288
1, 687, 046
3,987, 697
316, 045
1,613,133
1,177, 969
16, 586, 362
691,070
2, 616, 814
1, 345, 832
989,172
290,058
65, 680
5, 998, 626
38, 501, 600

*$278, 869
286, 351
565, 220
1,139, 662
421, 882
2, 317, 603
148, 910
175, 910
4, 203, 967
48, 714
25,935
241, 093
112,705
989, 563
6,062, 271
65, 918
26, 239
7, 572, 438
122, 251
103, 346
221,216
187, 513
634, 326
12,975, 951




$4, 771, 500
2, 939. 500
1. 325, 530
34, 485, 600
9, 868, 773
8. 832. 223
62. 223.126
36,801.460
4.009, 930
23,866,211
1,071,318
11, 419, 999
1, 855, 790
79, 024, 708
8, 074, 456
3,100, 750
8 952 343
16, 037, 315
2, 322, 552
11, 996, 332
40, 930, 376
628,105
8, 918, 204
6, 488,192
107, 448, 625
1, 027, 870
10,153, 846
2, 216, 700
5, 435. 055
3. 018, 701
139, 125
21, 991, 297
" 270, 087, 750

$1, 909, 097
1, 510, 691
1, 966, 812
7, 875, 322
1, 886,108
3, 987, 815
19,135, 845
19, 373,149
1, 795,188
11, 384,151
708, 053
3, 798, 067
950,132
38, 008, 740
8, 231, 918
2,114,140
4,566,327
5, 639, 708
867,009
6, 779, 678
6, 280, 588
461,775
5, 418, 320
2, 607, 830
42, 967, 293
671, 950
8,157, 871
2, 951,795
3, 729, 513
969, 544
235. 573
16, 716, 246
110, 828,124

* Includes real estate.

$927, 281
522 036
308, 349
6, 728, 717
1 554.905
1, 285, 867
11, 327,155
18, 370, 044
847, 435
8,100, 675
402,326
4,219, 932
1, 397, 399
33,337,811
3,106,136
588, 389
2, 732. 583
2, 309, 554
820, 324
4,919,598
7, 657,161
134, 369
1, 862,495
863, 472
24. 994, 081
1,101, 638
2, (380, 604
490, 617
1, 591, 535
1, 298, 598
109, 967
7,272.959
76, 932, 006

$172,143
16,867
2, 428, 021
875, 296
307,567
3, 799, 894
15, 344, 098
157, 639
3,819,604
57, 898
2,151, 469
327,008
21, 857, 716
1,107, 937
156, 436
1, 308, 206
2, 347, 774
307, 751
2, 257, 512
8,119,708
8,537
1, 029, 467
755,489
17, 398, 817
481. 973
1,254; 879
269, 905
533, 494
390,997
2, 931, 248
45, 987, 675

$50, 059
56, 059
4, 587, 600
5, 796, 356
3,157,791
1,138, 590
3, 059
14, 683, 396
1, 452, 717
1, 921,127
1, 403, 825
1,162,141
1, 574,179
3,522, 093
972, 803
2, 961, 399
14,970,284
123,159
270,008

7LM94
1,104, 561
30,814,300

REPORT OF THE COMPTROLLER OF THE CURRENCY.
STATEMENT SHOWING BY STATES, ETC.. THE NUMBER OF STATE BANKS IN THE
1S4O.

States, etc.

No. of
banks, j Loans and
I discounts.

Maine
New Hampshire
Vermont
Massachusetts
Ehode Island
Connecticut
Total Eastern States. .
New York
New Jersey
Pennsylvania
Maryland
District of Columbia
Total Middle States ..
Virginia
North Carolina
South Carolina
Georgia
Florida
Mississippi
Louisiana
Arkansas
Kentucky
Total Southern States.
Missouri
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Total Western States.
Total United States ..

Notes of
Due from
other
Stocks. |banks, etc. Heal estate.
banks.

I

49 $5, 901, 611
27 4, 099, 612
17 2,011,296
115 46,513,685
62 12, 561, 215
31 10,428,630 I $538,300
301
96
26
49
21

81,516,049 i

$333,515
337. 620
373' 343
4, 702, 491
312. 937
902,028

538,300 j 6, 961, £

52, 788. 206 3,653,170 ! 6,543,125
4, 938, 780
25,128 ! 710, 475
34, 806, 841 1,381,319 i 2,682,823
13,593.642 1,910,092 ! 1,611,042
2,575, 613
230,868 i 236,622

198 108, 698,082 j 7, 200, 577 111, 784, 087
27
10
14
39

15, 596,
5, 047,
18.347
18, 783,
4, 737.
48, 333,
49,138,
3. 956,
10. 522,

$257, 880
76, 893
38,126
1,169, 803
322,225
287, 324

$11,589

2,152, 251 2, 838, 450




11,589

2, 937, 695 4, 401. 400 2, 310,161
324,989
257, 052
1, 713, 758 2, 668,141
505, 290 1,116, 667
228, 485
188,278
5, 710, 217 8, 631, 538 2, 310,161

713, 859
428. 690
1, 204, 284 1, 485, 957
497. 261
43, 767
222,892
262, 231
298,742
i, 577, 712 986, 864
1. 785. 304 1, 785, 049 4. 217, 493 2,140,161
69, 370
102. 845
759. 000
97, 426
3,573,829 4, 638, 258 4, 839, 383 1, 693, 975
782, 701
247. 651 7. 428. 395
25,'025 ! 203,138
237, 649
500.000
48, 052
576,997 !
348, 477
2, 706,000 1, 342, 284

169 1169,463, 686 il2,106,129 11, 324, 418 i 17, 999, 08,3
2, 077, 841
303. 611
13,414,087 1, 501, 585
891.590
4,581,486
208,801
294, 000
5. 930, 258 2, 544. 750
759,537
2,152, 954
223, 599
5,570
133,670
3_L065_
28,290.296 I 4.345,905 "2, 417, 703_
741 387,968,113 24,190,911 3274887142"

6, 288, 553 |

26, 806,860 ~ 19, 428,
i

013"

1841.*
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia...
Total Middle States .
Virginia
North Carolina
South Carolina
Georgia
Alabama
Louisiana
Arkansas
Kentucky
Tennessee
Total Southern States
Missouri
Ohio*
Indiana
Illinois
Michigan
"Wisconsin
Total Western States
Total United States..

Specie
funds.

$600, 804
389, 759
594,718
4, 461, 046
603,938
1,192, 403
4,630, 392
40, 098
4. 400,214
59,411
939, 953
219, 989
104,216,417 110,290,057

10, 061, 002
1.138,043
4,708,176
395, 082
2, 007, 906
122, 210

1, 440, 684
538, 784
538,869
988, 402
1, 499, 693
1, 816, 630
117,310
500, 000
, 935, 200 1, 213, 525
168, 921 kl 0 1 ! 8 9 6
,370,669 9,450,793

2, 222, 293
1, 339, 688

1,628, 203
9, 878, 328
3, 689, 595 294, 000
5, 454, 938 2,128, 629
1, 713, 769
74,541
224,365
227589, 198

* Incomplete.

80,580"
223,629
534,421
75,512
1M04
9287546"
3074177605" J23, 012, 600

203,138

REPORT OF THE COMPTROLLER OF THE CURRENCY.

267

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES,—Continued.
1840.
LIABILITIES-

RESOURCES.

Specie.

Other
resources.

Capital
stock.

Circulation.

Deposits.

D u e to banks. Other liabilities.

$63, 402

$4, 671, 500
2, 837. 508
1,196, 770
33, 750, 000
9. 880,500
8, 806, 204

$1, 224, 658
1, 088, 750
1, 099, 784
9,112, 882
1, 719, 230
2, 325, 589

4, 538,104

63, 402

61,142, 482

16, 570, 893

11, 647,493

4, 879,139

5, 864, 634
414, 807
2,798, 002
1, 319, 559
199, 472

1,081, 967
42, 693
3, 944, 911
72, 555
257, 806

36, 801, 460
3, 822. 607
24, 206, 405
10. 526. 494
1, 768, 074

10, 629, 514
1,415, 708
9, 338. 636
3, 079. 241
636, 727

16, 473, 235
808, 708
7, 524. 387 •
3,186,438
987,123

7. 055, 584
207,020
2, 015, 220
1, 859,174
258, 878

5, 399, 932

77,125, 040

25,099,826

28, &79, 891

11, 395, 876

13.190
30,273
373, 744
328,102
173. 490
3,863.649
7,911,363

10,139. 406
3.154,761
11, 584, 355
15,098.694
3, 976,121
30, 379, 403
41, 736. 768
3. 495, 857
9, 329, 088

6,707, 701
2, 246,181
4,439,404
5, 518, 822
418,778
15,171, 639
4, 345, 533
1,139,120
3, 940, 333

2,819,295
525, 387
2, 279,218
1, 985, 413
421, 274
8, 691, 601
5, 415, 230
367, 331
1, 049, 648

816,144
206. 040
1, 062, 556
1, 299. 703
133, 675
7, 065. 499
3, 831, 947
16,898
1,156,192

2, 795. 469
582. 937
607.415
1, 532. 220
5, 949, 906

$195, 699
193.359
120, 315
2, 991, 804
537, 895
499,032

10,596,474
1, 889. 568
586, 628
1, 847, 498
1, 300, 694
46.188
807, 977
2, 847, 497
227, 867
1, 261, 500

27, 500"

$669,199
420, 801
238, 574
8. 636, 923
818,470
863, 526

$76, 712
3, 961, 800
546, 856
293, 765

$583. 748
80. 987
604, 735
3, 773, 355
26, 021
3, 576, 544
765,888
28, 372
8,170,180
49, 290

596, 437

12, 721, 311

128. 894,453

43, 927, 511

23, 554, 397

15, 588, 654

12,173, 734

562,902
1, 752. 446
1, 076. 551
756, 964
42,784
41, 397
4, 233, 044

5. 060
1,327^455
717,782
175, 750
117, 000
2, 448
2, 345,495

1,116,123
10, 507, 521
2. 671, 618
5i 423,185
1,229,200
100, 000
21,047,647

410, 740
4, 607,127
2, 865,568
3, 724, 092
261, 296
109,185
11, 978, 008

1,174, 532
2, 017, 360
472, 748
805, 244
342, 760
9,591
4, 822, 235

529, 441
683.552
148, 829
230; 707
96, 325
85
1, 688, 939

19. 743
1, 348. 540
1,939
24, 891
613, 887

30, 243, 039

20, 530,140

288, 209, 622

97,576, 238

33, 552, 608

23,017, 649

$4, 371, 500
2, 735, 000
1,116, 026
33, 360, 000
9, 823, 558
8, 826, 382
60, 232,466

$1,754, 390
1,229,708
1,599,458
9, 509,112
1, 565, 880
2, 784, 721
18, 443, 269

36, 401, 460
3, 834, 816
23,120, 730
881,648
10, 214, 908
1, 745,155
76,198, 717

10,875,417

69,004,016

2, 009, 000

1841.*
$269 730
194, 311
94, 507
3,111,837
327,206
454,298
4.451,889
5,429,622
436, 049
3, 280, 207
155 691
1, 556, 020
245, 629
11,103.218

$15,408
233, 397
160,149
408,954
861, 643
60, 243
3, 725, 078
137, 311
87,637
4,871,912

2, 318, 791
802,709
1, 608, 537
685,183
1, 589, 510
3.163, 243
203,813
1, 328. 093
979^81
12,679, 860

55, 341
4, 076
107,212
233. 505
434, 904

509, 597
1,052. 767
1, 076, 551
942, 895
123, 635

23, S()8
2, 6KS. 692
717,782

3, 705, 445

124,402
959. 440

160,172
80, 537
3, 670, 991

10, 283, 623
3, 225, 000
11,782.358
12,100,180
14, 379, 255
41,711,214
3, 532, 706
9, 386, 856
8. 035. 581
115, 036. 773 "
1. 178.866
8. 103, 243
L», 071, 618
5. 386, 765
1,000,000
100.000
18, 440, 492

15, 235, 056
2, 099, 069
6, 983, 085
860 963
2, 529, 843
121,975
27,829, 991

$870 745
420 532
217, 373
7,144, 899
1,455 682
1,182, 583
11, 300, 814
17, 053, 279
1,074,843
9, 833, 476
312 247
3,136, 979
653,386
32, 064, 210

10,374.682
211,307
4, 885, 611
28 209
1, 860^015
268,197
17, 628, 021

2, 937. 485

6, 852,485
2, 092, 877
3, 008, 514
1, 728, 042
7,211,141
6, 443, 785
995,905
4, 453, 559
3.727.515
36,513,823

2, 754, 630
489,188
1, 712, 745
980, 428
2, 827, 622
3,094.730
146, 018
1,213,078
1,109,719
14.328. 158

872,152
90, 363
589, 597
681,948
1,486, 345
7, 090, 815
28, 308
766, 983
559,088
12,165,599

725, 743
92, 000
521, 297
1, 060, 669
2,152, 508
7, 777, 812
250, 000
138, 655
428.155
13,146,839

348.530
3,584,341
2, 865, 568
4, 367, 829
568,177
90, 305
11,824,750

322,909
1,938, 682
472, 748
200, 844
183. 909
17,414
3.136, 506

87,871
410, 287
148. 829
149,104
5,678
175
801,944

_

317940,412^

_

_

_

.

_

14, 438
4,413, 506
518,615
364, 819
5, 356, 659

$1, 459, 821
96. 275
1.556,096

3, 447, 292
225. 529
3.135
6,613,441

509,590
1,022,503
1, 939
512," 849
85.451
2,132, 332

„

97911,297 ""269,908,448




$45 281

6078297688" "35,052,223

* Incomplete.

2374487708

268

REPORT OF THE COMPTROLLER OF THE CURRENCY.
STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

1843.*
RESOURCES.

States, etc.

No. of
banks. Loans and
discounts.

Maine
. .
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States..
New York
New Jersey
Pennsylvania
Delaware*
M aryland
District of Columbia
Total Middle States ..
"Virginia
North Carolina
South Carolina*
Georgia
Alabama
Mississippi
Kentucky
Tennessee
Total Southern States.

40
27
17
111
62
31

$4,987,519
3, 83], 454
1, 832, 497
44, 610, 391
12, 562,785
10, 683,413

288
103
25
49
3
20
6
206

Notes of
Due from
Stocks. banks, etc. Real estate. other
bai^ks.

Specie
funds.

111, 548
718, 860

$551, 395
258, 592
245,905
3, 415, 084
366, 799
635, 693

$145,029
115,493
42*043*
72,176 ""$32," 412"
1,174, 459 1,883, 207
224, 380
277, 018
368, 849
206, 728

78, 508,059

830,565

5, 473,468

2,026, 699

2, 699, 651

32,412

56, 338, 685
5, 252, 403
27, 747, 503
1, 516, 347
11,442, 062
1, 830,297

8,182, 629
16,770
4, 846, 087
44, 473
1, 673, 811
321, 668

8, 961,819
700, 600
4. 588, 496
179, 278
1, 551, 242
66,460

5, 790,057
326,408
1, 879, 960
74,296
594,771
185,428

5, 809, 538
233,931
3, 013, 395
105, 250
882, 588
201,279

1, 634,472
75, 413
589, 509

8, 850, 920 10,245, 981

2, 575, 592

$157

104,127, 297 15, 085, 438 16,047, 895

27 16,170, 393
4, 326. 377
10
11 13,890,033
7.721.899
24
7
23,065,522
17
13,349,481
17 i 9,047,917
23 | 11,346,947

$216,968

276,198

2, 048, 844
2, 006,801
199, 740
828,299
2, 999. 250
440, 250

525,618
440, 097
492, 238
213, 579
1, 476, 254
308, 477
1,098,117
915,174

911, 677
109,509
223, 309
6,256, 233
1,144, 309
700, 548
518, 696
1,110, 373

753, 715
328. 681
197, 516
548, 379
1, 749. 818
205,345
452, 598
347, 679

47,074
42, 806

1,168,422

31, 200

48, 385

136

98, 918, 569

9,691,606

5,469,554

10, 974, 654

4, 583, 731

169, 465

3
13

1,013,409
4,419,104

175, 000
294, 000

63, 520
182,151

56, 353
241,051

148,195
177, 244

99,035

Total Western States.

16

5,432,513

469, 000

245,671

297,404

325,439

99, 035

Total United States...

646

286, 986, 438 26, 076, 609 27, 236, 588

22,149,677

17, 854, 802

2, 876,504

^Missouri
Indiana

1843.*
Maine
New Hampshire.
Vermont
Massachusetts ..
Rhode Island
Connecticut

40
24
16
103
62
31

$4,405, 660
$283,505
3,173, 825
365, 574
1, 863, 290
598, 711
42,993, 291
8,280. 895
11, 779, 080 $135, 845
540, 681
9, 798, 392 837, 974

$256,148 $103, 522
74,318
182,743
40, 736
86,591
1,181, 886 1,991, 842
236, 927
323, 995
402, 419
179, 274

Total Eastern States.. I 276 74, 013, 538 973,819 11, 017, 746 2,192,434 2,867, 967
107 52. 022, 260 12,446, 083 7, 700, 044 3, 848, 725 4, 888,987 $4, 888, 897
New York
26 4. 564, 002
16, 545
539,131
181, 346
349, 256
New Jersey
16, 810
48 17^ 934, 372 3, 474,158 1, 338, 769 1, 555, 790 1,696, 488
Pennsylvania
54,896
3 1, 332, 901
29, 921
81, 579
75, 843
Delaware*
586. 900
20 10, 547, 920 1, 009, 449 857, 213
596, 596
Maryland
142, 856
103, 580
1, 859, 904 246,761
197, 044
District of Columbia...
336,677
Total Middle States ..
Virginia
North Carolina
South Carolina1*
Georgia
Alabama
Louisiana
Kentucky
Tennessee
Total Southern States

210 88,261, 359 17, 222, 917 10, 620,316
27 13, 386, 722
4, 048, 810
13, 716, 220
5,451,751
2,948, 929
20,420, 948
7, 710, 382
8, 898, 022

Total Western States.

2,864,513
575, 553

* 879," 471
761, 039

6, 623, 254 7,551,473
951,
121,
277,
5, 635,
781,
2, 472,
690,
1, 225,

409, 085
253,852
291, 297
403,646
171,301

i 241, 047
,

133, 738

"536*355"
220, 589

73, 583

142 76.581.784 7, 911, 910 3, 663, 559 12,154, 733 2, 286,125

207, 321

Missouri
Ohio
Indiana
Illinois
Michigan
Total United
 States...


1, 920, 063
1, 377, 046
32, 758

585,622
279, 695
753,534
338,916
65,282

1,141, 077

824, 740
175, 000
6,925, 644 1, 207, 412
259,080
2, 866, 629
3, 688,167 2, 085, 552
557,159
55

14, 862. 339

3, 727, 044

95, 622
469, 568
227. 634
72,165
22, 759

56, 875
869, 521
260,847
1, 243, 327
128, 644

143, 250
458,106
37, 765
24, 784
7,668

83, 750
29, 929
60, 730

887, 748

2, 559, 214

671, 573

184, 259

253, 719, 020 29, 835, 690 J26,189, 369 23, 529, 635 13, 377,138
* Incomplete.

9,850

i 632, 627
,

REPORT OF THE COMPTROLLER OF THE CURRENCY.

269

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1S42.*
KESOURCES.

Specie.

LIABILITIES.

Other
resources.

$183, 861
177. 071
89! 266
2, 682, 309
297, 850
471,238

29, 605
443, 548

3, 901, 595

484, 292

5,471, 694
449, 859
2, 763, 994
166, 443
1, 553. 621
114, 456
10, 520, 067
2, 404, 479
868,560
1, 355,178
537, 585
685,183
11,223
1,491, 805
1,140, 459

$ii,"i39"

25,255
4,482, 341
158, 582
3, 414
4, 669, 592
10,044
220.570
301. 401
98, 857
626,176
410, 738

Capital
stock.

Circulation.

$3,414, 000
2, 789, 500
1,153, 997
32, 631. 060
10, 041. 203
8, 876, 317

$1, 585, 820
1, 027, 488
848, 491
8, 049, 906
1, 666. 846
2, 555, 638

Deposits.

D u e to banks.

$15,057

Other liabilities.

$118, 318

$792. 598
371,234
217,177
6,130,164
693, 046
1,062, 725

14,428
3, 307, 011
434. 980
337, 656

1, 326, 238
551,952
89, 569

58, 906, 077

15, 734,189

9, 266, 944

4,109,132

2, 086, 077

45, 283, 453
3, 763, 951
23, 207, 622
888, 470
10, 709, 332
1, 786, 920

14, 559, 993
1, 599,143
8, 307, 458
725, 829
1, 832, 920
111,658

17, 473, 200
1, 066, 566
11, 755, 019
278. 597
2, 934, 824
707, 842

9, 702, 055
163,351
4, 344, 976
17, 894
1, 231, 885
160, 284

1, 631, 948

85,639,748

27,137,001

34, 216, 048

15, 620, 445

4, 023, 682

2, 707.153
562, 554
1, 743, 000
858, 533
980, 428
611 695
1,169, 919
1,101, 944

496, 063
67, 712
682, 538
292,938
681,948
115,242
571, 233
338, 716

303,804
1, 241, 243
1, 060, 669
7, 794, 336
94,725
135, 809

10, 363, 362
3, 225, 000
11. 472. 922
12, 678, 658
14, 346, 834
9, 261, 200
9, 451, 053
8, 596,181

7, 740, 888
1.989.379
2, 932,154
2, 832, 892
1, 728. 042
2,374,189
3, 465, 056
3, 641, 928

1, 342, 254
1, 049, 480

8, 494, 472

1,667,786

79,395,210

26, 704, 328

9, 735, 226

3, 246, 390

10, 630, 586

162,848
1,127, 901

243, 321
5,463

1,179, 566
2, 743,191

198, 087
2,871,689

354, 243
317,890

56, 097
116, 065

147, 344

1, 290, 749

248, 784

3, 922, 757

3, 069, 776

672,133

172,162

147, 344

72, 645, 294

53,890,351

23,148,129

16, 887, 689

24,206, 883

7, 070, 454

227,863, 792

1843.*

24, 744
292,428

$3, 314, 000
2,469, 200
1,120, 000
31, 089, 800
11, 063, 843
8, 580, 393

$1,106, 261
916.147
1, 287, 369
9. 219. 267
1,415,203
2, 379, 947

$542,017
354 395
223, 439
10,213, 887
808, 534
1, 061, 944

8, 460,109

343, 267

57, 637, 236

16, 324,194

13, 204, 216

8, 894, 051

8, 477, 076
448, 269
4, 020. 678
100, 717
2, 537, 822
229, 501

770, 372
44,375

43, 950,137
3, 634, 298
18, 638, 743
890,000
9, 746. 279
1, 668, 307

12,031,871
1, 079, 479
6, 217, 364
366, 944
1, 743, 768
253, 874

19, 313, 826
875, 020
7, 677, 868
229, 449
2, 977,174
822, 713

12, 072, 679
140, 992
1, 738, 853
24, 085
753, 499
128, 894

1, 495, 888
14, 000
429, 831

$175,301
162,126
74. 900
7, 298, 815
310, 215
438, 752

$26, 095

4,405, 537
95,130
3,485

$65, 961

$91,734

1,802
8,195, 813
413. 874
216, 601

714, 597
261, 349
70, 414
1,138, 094

932, 529
1,408

15, 814, 063

5, 318, 899

78, 527, 764

21, 693, 300

31, 896, 050

14, 859, 002

2, 873, 656

2,121.366
893, 917
1.036,403
1, 200. 971
28. 204
4,451.023
1, 730.187
930, 420

3, 808

10, 359, 642
3, 225. 000
11,459,718
10, 250. 702
3, 067. 700
20, 929. 340
9, 368, 085
8, 551, 400

4, 947, 036
1,520,999
2. 914, 443
1, 972, 215
19,871
1, 087, 577
2,801,296
1, 777, 075

2,105, 728
505,536
1, 835. 817
1, 056, 842
629, 659
5, 338, 613
1,192, 086
790, 940

441, 476
31,855
686, 219
112, 050
106, 089

312,798
1, 251,122
97, 765

425,867
271, 982

47, 389
351,369

13, 455, 221

2, 075, 538

2,128, 003

303,410
1,911,983
1, 828, 371
2, 212.127
98, 099

453, 260
1.144. 915
212. 463
181, 416
73,353

44, 999
213. 294
64,229
17,550

260,690
68,193

16,178, 488

6, 353. 990

2, 065,407

340,072

229, 555, 075

61, 411, 990

60, 620, 894

12, 398, 491
332, 730
895, 051
811. 234
798. 998
60, 709
2, 898, 722

3.9, 571, 385

282.689
280, 004
35, 240
5,100, 000
555, 664

6, 257, 405
340. 210
318. 852
714. 005
44,520
1, 417, 587
13, 337,158




77, 211, 587

17,040, 512

1. 200, 264
6, 805, 352
2, 727, 532
5 016 640
428, 700

* Incomplete.

67,560

3, 256, 685

26,168, 663

3,585,518
9, 725, 271

270

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING HV STATES, KTC, THE NUMBER OF STATE BANKS IN THE
1844.*

States, etc.
Maine
New Hampshire
Vermont..
Massachusetts
Rhode Island
Connecticut
Total Eastern States .
New York
New Jersey
Pennsylvania.
Delaware:
Maryland
District of Columbia...

10, 267, 207
738,428
2, 610. 029
117.963
1, 542J912
768, 717

Total Middle States .
Virginia
North Carolina
South Carolina'
Alabama
Louisiana
Kentucky
Tennessee

614, 824

1, 328, 856

355, 984

Total Southern States. |
Missouri
Ohio....
Indiana
Michigan

j

Total Western States.
Total United States ..

1845.*
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States.
New York
New Jersey
Pennsylvania
Delaware*
Maryland
District of Columbia...
Total Middle States ..
Virginia
North Carolina
South Carolina *
Alabama
Louisiana
Kentucky
Tennessee
Total Southern States
Missouri
Ohio
Indiana
Illinois

35
19
17
104
61
32
268
148
26
47
3
20
6

! 70,793,354
| 5,509,996
! 25,646,533
1,430,515
! 11, 842,172
j 2,621,698
j
250 1117,844,268
27
18
11
1
28
19
23
127
~5
8
13
15

Michigan
Total Western States
Total United States




I $4,785,313
I 2, 768, 730
i 2,314,929
! 52,648,729
i 13, 714, 255
i 12, 315, 387
| 88,547,343

44

51, 015, 942
527,624
359, 492
4, 902. 907
671, 878
$192,763
381,859 1, 041. 717
574, 622 8, 519, 560

^720, 324
7

! $217,427
| 100,397
I
68,723
| 3,010,113
395,425
264, 405

2, 094, 260 4, 056,490

10,244,043
61, 967
2, 519, 824 2, 589, 358
160,562
28, 111
1, 215.146 1, 000, 531
451, 342
286; 266

3, 894, 77.8 2,387, 008 $4, 839, 886
233, 284
153, 780
421,190
1, 544, 324 1, 886, 731 1, 244,755
80, 648
68,042
636,137
666, 245
195, 317
221, 564
214, 555

114,355,357 12, 606, 967

6, 772, 394 5,462,874

15, 889, 014 1,078,150
4, 620,449
14, 440,112 1, 470, 774
1, 430, 751
23, 568
18, 417, 669
9, 781, 013 " 675," 907"
9, 337, 780
725, 687

1, 051, 612
379, 579
1, 345, 936
182, 235
£,'712," 524"
1,087, 664

73, 916, 788 3,974, 086 5, 759, 550
1,166, 601
3,186. 619
2, 834. 421
2, 286, 902
414, 526

$243,720
36,155
60,323
1,097,969
252, 490
403, 603

95, 718

86, 368
528. 655
719;331
30,363
170, 762

414,326 I
629 I
-I520, 673 1, 535,479

1, 059, 604 i
116,779 !
267,796 |
141.117 i
3,318,355 |.
795.816 !
1,140,232 I

" 792," 760
300, 929

38, 967

6, 839, 699 2, 366, 088

38, 967

84, 293
376, 407
326, 059
1,191. 505
12, 771

259, 890
145, 813
11, 836
25,286

9,800
58, 327
90,125

1, 991, 035

442, 825

290,197,468 19,424, 738 28,421, 556 177697, 388~ 12, 328, 277
* Incomplete.

! 452, 976
,

637, 245
305, 262
218, 657
111, 235

2,093
160,345
i, 652, 288

REPORT OF THE COMPTROLLER OF THE CURRENCY.

271

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.
1844.*
BESOURCES.
Specie.

$223, 769
137,253
92, 562
4 587 140
382, 645
445, 430

LIABILITIES.

Other
resources.

$91, 566
22, 637
441, 975

Capital
stock.

Circulation.

Deposits.

D u e to banks.

Other liabilities.
$81,114

$3,009,000
2 008 298
1,137, 500
30, 020, 000
10,133. 213
8, 292, 238

$1,606,663
1.021,914
L 743, 807
12,183,158
2. 886, 570
3, 490, 963

$927, 498
394,778
289. 079
12, 234J304
1, 577, 266
1, 847,447

5, 066, 787
803,889
347,939

22,933,075

17, 270, 372

6, 283, 875

1,002,946

$65, 260

796,800
125, 032

5,868,799

556,178

54,600,249

10, 086. 542
516,801
4.944,383
109, 932
3, 790, 905
452, 055

679.039
92, 673
3, 718, 592

43, 649. 887
3, 623. 886
15,195, 857
890, 000
9,540,374
1, 659, 435

16, 335, 401 - 32,229,293
1. 569, 235
1,221,895
6, 846. 741
11, 334. 202
379!861
243 003
2, 273, 550
4, 231, 664
557,279
1, 391, 241

15, 610, 654
141,397
2, 707, 421
20,1.77
1, 228, 577
189, 834

1,953, 435
9, 221
83, 211

19, 900, 618

4,644,881

74,559,439

27, 962, 067

50, 654, 298

19,898,060

2, 975, 303

2,873,832
489, 687
2, 205, 227
558, 213
6, 473, 215
1, 820, 947
1,186, 749

622,
65,
368,
296,

145,808
8,769

2, 464, 932
945. 645
1, 680, 553
613. 729
7, 889,199
2,228,090
1,109, 909

246. 292
26, 532
5,300,1)00

16, 932, 057

5, 648, 082

1, 260, 294
792, 483
965, 226
242, 845

491,053
7, 345
563, 549
28, 072

3, 260, 848
45, 962, 322

3, 394

m 885
87, 979

1, 090, 019
11, 939,160

10,369,137
3, 225, 000
11, 460, 213
1, 500. 000
20, 049,140
8, 590, 526
8, 536, 567
63, 730,583

5, 877, 087
2, 081, 853
3. 667,106
124, 031
1,721,546
4, 038, 824
2.. 345,193
19, 855, 640

1,200, 588
2,167, 628
2,130. 555
719,100

15,607,870

731, 080
2, 246. 999
2, 310, 690
681., 976

1,116.672
505, 430
211, 561
254,180

929, 436

062
656
311
382

309, 983
600

759, 009
258, 053

29, 240
61, 865

2, 369, 473

401, 688

54, 633
99, 959
39, 912
18, 204

32, 779
260, 375

6,217,871

5, 970, 745

2, 087, 843

203, 708

199,108,142

76, 721, 527

85, 620, 383

28, 755,116

$70, 604

293,154
4,673,091

1845.*
$192, 445
136 187
109. 137
3 357 904
283, 379
454, 508

25, 890
399, 932

$3, 009, 000
1, 587. 488
1,138, 360
30, 970, 000
10. 244, 370
8, 359, 748

$1, 980, 538
1,124 531
1, 400, 617
14, 339, 686
2, 670, 306
4,102, 444

$1.116, 961
696 492
261,837
11, 668.133
1, 407, 466
1, 969, 801

4, 533, 500

459, 211

55, 308, 966

25,618,122

17,120, 690

6, 083, 665

1, 373, 486

6, 893. 236
515,871
4, 486, 275
107,770
2, 200, 580
456, 622

595, 052
45, 234
2,190, 300

43* 674,146
3, 620, 481
14. 587. 226
890. 000
8, 858, 332
1, 649, 280

18,513,402
1, 988, 041
9, 208, 530
468, 488
2, 607, 682
535, 478

27, 840. 600
1, 483, 082
13,183, 585
316. 216
3, 947.113
1, 869, 749

11, 501,102
149,769
2, 674, 677
10, 343
1, 360, 897
468, 511

2,095, 632
8,400
28,000

16,165, 299

3, 046, 843

14,660,354
2, 730, 683
1, 078, 823
1, 864, 999
791, 459
8, 282, 981
2, 648, 706
1, 545, 968
18, 943, 619

$33, 389

82, 661
37,998
2, 951, 245
2,963
309,516
4, 644, 075
115, 260
5, 071, 814

25, 988
5, 046,120
623. 561
317, 392

914,811

73, 279, 465

33, 321, 621

48, 640, 345

7,158. 803
2, 351, 210
4, 306, 991
486, 440
2, 099, 331
4, 934, 098
3,119, 827

3, 699, 241
596, 539
1, 772, 498
465, 443
8, 418, 764
2,024,181
1,323,168

427, 241
114, 859
1, 358, 454
155, 302

4,383
810, 032

1,189, 803
558,578

'25, 636
67,810

62, 287, 579

24,456, 700

18, 299, 834

3, 804, 237

407,861

1, 200.101
2,171, 807
2,105, 212
2, 713, 640
202, 650

798 880
2, 348, 693
3,101. 000
1,183, 256
247, 111

1,313 098
436 579
320, 303
41,145
420, 730

154 456
104 020
41, 993
2, 219
3,688

618,338
23, 595
560,572

3, 737,107

*1, 247, 355

8, 393,410

7, 678, 940

2, 531, 855

306, 376

41, 874, 640

9, 729, 625

199, 269,420

91, 075, 383

86, 592, 724

26, 359,577




1, 083. 218
117,012

10, 337, 974
3, 225, 000
11, 065, 668
1, 500, 000
19,670. 580
8, 203, 428
8, 284, 929

1,594. 596
742, 001
1,120,013
78, 697
201, 800

44, 850

$173,256

* Incomplete.

76, 867
23, 000
99, 867
4,928,057

272

REPOET OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE
1846.*
RESOURCES.

States, etc.

No. of
banks. Loans and
discounts.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States..
New York
New Jersey
Pennsylvania
Delaware *
Total Middle States..

$25, 000
192,601
250,124

$993,150
403,596
466, 624
5, 568, 088
607,828
1,416, 893

267

89,243,071

467,725

9, 456,179

75,555,533 ill, 150, 46410,181. 286
6,017,282 i 88,818 1, 006, 738
28, 912,133 2,784, 654 2, 660, 625
1, 550, 321
27, 753 226, 454

3, 629, 471 2, 503,174
307,409
387,887
1, 420, 780 2,097, 973
75,404
86, 265

Specie
funds.

1,978, 276 3, 850, 067

150
26
46
3

225 |112,035,269 14, 051, 68914, 075,103

$170,624 $165,537
42, 574
86, 541
73,042
66,162
1, 098, 000 2, 854, 754
227,078
400,315
366, 958
276, 758

143 81,851,621

5,241, 241 6, 515,835 13,164,479

2,958, 495
47, 899
7, 963, 404 1,249, 573 1, 374, 240
3, 721,805
37, 000
1,024,693
17,085
241, 573

370, 372
680,766

5, 524,403 4,983,960 j 8,051,132

16, 368,166 | 1,051,411 1, 540, 590 1, 050,188
4,688,514 !
663, 861
117,000
14,181, 772 1, 618, 297 1,103,446
424, 272
5, 549, 232 1,306, 251
726, 303 6, 521, 667
2,194, 916
55, 400
424,685
142, 296
21, 582, 744
3,539,871
11,061,733
579, 200 1, 536,484
561, 941
6,224,544
630,682
520,466
807,244

Missouri
Ohio
Indiana

455,172
439, 909
249, 084
326, 410
25,197
714, 028
280, 824
2, 490, 624

136, 015
371,359 1, 031,865
348,170
84,188
217, 356
41,421

185, 736
143, 910

56 15, 668, 397 1, 303, 658 1, 663, 712 1, 072, 900 1,157, 474

335, 346

Michigan
Total Western States

Notes of
Due from
other
banks, etc. Real estate. banks.

35 $5, 269, 008
17 3, 015,139
17
2, 449, 678
105 51, 326,114
61 14,151,267
32 13, 031, 865

Virginia
North Carolinav
South Carolina
Georgia
Alabama
Louisiana
Kentucky
Tennessee
Total Southern States

Stocks.

298, 798,358 21,064, 313 31,710,829

Total United States..

21^740, 058 12,482,125

5,700

8,386,478

1847.*
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States
New York
New Jersey
Pennsylvania-.
Delaware*
Maryland .
Total Middle States .
Virginia
North Carolina .
South Carolina*
Georgia
Louisiana
Kentucky
Tennessee
Total Southern States

32
19
18
109
62
32

$5,150,208
3,174, 999
2, 908, 567
57, 260, 938
14, 558, 863
12,781,857

272

95,835, 432

Total United States ..




523,031

9,893,277

$162, 041 $265, 890
42,887
87,302
71, 510
158,791
1,062,950 3,263,463
221, 558
342,461
349, 044
227,481
1,909,990

4, 345, 388

$43,139
43,139

149 73, 502, 744 11,408,912 11,161, 808 3,601,249 2,610, 790 7, 554, 202
6,170, 469
26
419, 683
286, 974
77,812 1, 081, 294
68, 833
46 27, 435, 662 2,412, 921 2,797, 214 1,749,231 2,293, 065 5, 736, 660
30, 770
2
504,819
6,397
20,843
75,441
636, 273
14 11, 503, 278
726,074
619, 653
432,066
237 119,116,972 14,632,116 15, 735,410

6, 223, 072 5, 857, 872 13, 359, 695

896,163
392, 279
15, 348, 483
738, 976
583,825
337,175
5, 043, 842
446, 724
120, 279
510, 370
15, 640, 284 1, 710, 066 1, 057, 560
371, 865
335,142
6, 758,158 1, 891, 684 885, 261 6, 559,948
23, 869, 724
3,127, 214
10,249,519
460,448
615, 222
566,107 1,871,773
6, 741, 035
828,380
640, 901
301,986
48, 088
141 83,651,045 4,799,770 5, 828, 674 12,176, 818 2, 492,174

Missouri..
Ohio
Indiana...
Michigan.
Total Western States.

$1, 263, 358
377, 604
867, 523
5, 571,240
$221 130
563,142
301,901 1,250,410

2,449, 333
8, 291, 875
3, 596, 391
231,703
55

68, 437
966, 238 1, 835, 505
36, 000
803, 065
4,080
63, 502

14,569, 302 1, 006, 318 2, 770, 509

56, 007
141, 086
621,131

818, 224

11, 030
967,742
119, 976
11, 239

"i6,079

525, 076 i;109,987

20, 486

170, 403
343, 845
10,828

4,407

14,
705 J313,172, 751 20,961, 235 34, 227, 870 I 20, 834, 956 113,805,421 241,544
* Incomplete.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

273

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1846.*
RESOURCES.
Specie.
$262, 237
126, 679
89. 208
3, 051, 755
280,158
481, 832

LIABILITIES.

Other
resources.

$32, 512
23, 6L4
268
56, 394

Capital
stock.

Circulation.

$3,009.000
1, 619, 000
1,161, 080
31,160,000
10, 665, 402
8,409, 544

$2, 242, 846
1,375,985
1, 559, 832
14, 591, 914
2, 534, 309
4, 565, 466

Deposits. D u e to banks. Other liabilities.
$1, 215,538
544,987
329, 723
9,459, 375
1,292,854
1,893, 273

$66,145
10, 259
5, 285, 015
736, 285
362,128

$191,102
901,271
104, 356

56, 024, 026

26, 870, 352

14, 735, 750

6,459,832

1,196, 729

8, 361, 383
584,960
4,181, 007
122,565

313,536
21, 644
1, 643, 591

42, 956,489
3, 59ft, 048
14, 871, 837
890,000

20, 926, 930
2, 394, 371
10,029, 366
611,442

33, 279, 752
1, 822, 364
13, 564, 248
373, 506

14, 843, 359
192, 619
3,218,779
30, 815

1, 495, 343
900
58,683

13, 249,975

1, 978, 771

62, 314, 374

33, 962,109

49,039, 870

18,285, 572

1, 554, 92G

3, 848, 242
639. 507
2,353,168
1,318,266
934,164
9,449, 035
2,018,121
760,476

273,152
67,199
980,190
157,334
37,443

39, 713
10,432
61,989
1, 525,497
9,421

1,175, 077
252,087

133,565
17, 554

4, 294, 869

2, 487,421
1, 261, 061
1,723,561
1,104,235
1,165, 272
6, 636, 394
2, 624.132
921,856

10, 336, 085
3, 225, 000
11, 036, 260
8, 970, 789
1, 500, 000
4,446,127
17, 528, 910
7,119,160
8,750
* 4, 809,999
58,471
10. 332
130, 877
97, 634

7, 762, 694
2, 954, 578
3, 911, 360
2, 471, 264
1, 445, 906
4, 206, 748
6, 064,431
2,425, 999

4, 752,191

64, 526, 203

31,242, 980

2,942,482

1, 798,171

1,453, 614
1, 249,485
1, 079, 308
139, 772

158, 008
626, 333
46, 520

1, 200, 582
4, 364. 421
2, 087, 894
815, 697

2,195, 840
4, 504,130
3, 527, 351
362, 828

1, 296, 428
3, 038, 747
402, 067
294,890

37, 858
505, 647
76, 437
205

853, 439

3, 922, 239

830,861

8, 468, 594

10, 590,149

5, 032,132

620,147

1,120, 303

102, 665,590

90,128,731

17, 923, 932

39,391,015

7,618, 217

191,333,197

21,320,979

266, 864

28, 308, 033

5, 670,129

$60, 937

$75,734

977
7, 263, 202
689,710
245, 816

764, 715
194, 202
7,809

1847.*
$472. 776
141, 794
105. 684
3, 943; 973
305, 735
462,165

$76, 225
332, 542

5,432,127

408, 767

57, 382, 821

30, 659, 938

15,946, 331

8,260, 642

1, 042, 460

172, 540
29, 407
4,912, 814

43, 075, 287
3, 721, 286
20,806,064
210, 000
7, 999, 004

21,166, 250
2, 553,188
11,230, 092
225, 845
2, 400, 267

34,197, 967
1, 821, 837
12,560, 287
12 i, 545
3, 863, 891

15,128,305
191,583
3,419,161
19, 099
982, 731

550, 770
12. 400
2i2, 272

11, 854, 485

5,114, 761

75, 811, 641

37, 575, 642

52, 565, 527

19, 740, 879

781, 442

2, 487, 591
1, 339, 928
966, 012
1, 523, 746
5,720, 561
2, 617. 955
787, 855

27,821
74
436,110
119,469
4, 210, 071
13,540
167, 064

9, 275, 524
3,225,000
12, 028,106
11,121, 802
17,090, 250
7, 020, 900
5,472, 059

6, 968,819
3, 088, 060
4, 429, 527
3, 400, 667
4, 750.159
5, 7 J 0.994
2, 829, 861

3, 096, 782
663, 687
2, 325,144
1, 234, 489
7, 983,167
1, 534, 092
823, 957

399, 703
49, 655
1,181, 093
292,228
871,159
1,423,733
256, 315

13, 983
11, 393
224, 996
1, 021, 315
1, 604, 885
13,783

4,974,149

65, 233. 641

31,181, 087

17, 661, 318

4, 473, 886

2,890, 355

315, 437
1,102, 716
538, 828
74,777

1,201.326
4,437. 903
2, 083, 824
176,167

1, 743, 220
5, 701, 602
3, 336, 533
141, 854

1, 298, 849
2,398, 009
444,682
144.129

53, 706
919, 553
47,886

9, 203, 242
588, 790
57, 375
2,005. 078

15,443,648
1,554, 264
1, 619, 336
1, 003, 647
68, 487

$2, 834, 000
1, 738, 500
1, 287, 442
32,113,150
10, 803, 987
8, 605, 742

$2, 545, 011
1, 508,129
2, 353, 051
17,196, 362
2, 619,154
4,437, 631

$1,647,811
479 348
394, 560
10,265, 555
i, 376,136
1, 782,921

437,410
94, 310
3,133

4, 245,734

2,031, 758

7, 899, 220

16, 923, 209

4, 285, 669

1, 021,145

534, 853

36,975, 994

12, 529, 435

20G, 327, 323

110, 339. 876

90,458, 845

33,496, 552

5,249,110


http://fraser.stlouisfed.org/
9647
18
Federal Reserve Bank of St. Louis

* Incomplete,

274

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN

THE

1848.*
RESOURCES.

States, etc

No. of
banks. Loans and
discounts.

Maine
New Hampshire.
Vermont
Massachusetts—
Rhode Island
Connecticut

3] $5,189, 088
21 3, 613, 736
21 2, 831, 587
112 53, 110,100
62 14, 501, 9.40
33 13, 424, 654

Notes of
Due from
Stocks. banks, etc. Real estate. other
banks.

221,716
564,100
505, 978 1, 692,179

$129, 006
49, 251
62, 887
1,073,116
231, 752
329,407

$182,353
64,198
78, 552
2, 336, 817
532.936
227, 603

$60,000

$579,143
346, 415
502, 247
3,469,034

Specie
funds.

$1,483
54,978

280

92, 671,105

787,694

7.153,118

1, 875,419

3,422,459

56,461

New York
New Jersey...
Pennsylvania.
Delaware *
Maryland

171
24
47
2
20

77,162,485 12, 581,625
6, 292, 288
100, 720
33, 870, 857 2, 367, 204
561, 081
26,232
13, 291,129
706,173

8,829, 581
1,011,913
3,904, 847
95,164
764,506

3,608,151
288, 520
1,345, 305
20, 843
527,530

3, 338, 354
301,136
3,039, 446
15, 037
609, 456

6,118, 086
9,500
2, 305, 639

Total Middle States Virginia
North Carolina .
South Carolina *
Georgia
Alabama
Louisiana
Kentucky
Tennessee

264

131,177, 840 15, 781,954 14,600, 011

5, 790, 349

7,303, 429

!, 533,010

635,438
349, 954
348, 714
174,158

75,000

Total Southern States,
Missouri-.
Ohio
Indiana...
Michigan.

144

Total E a s t e r n S t a t e s . .

Total Western States
Total United States ..

883
989
575
696
026
378
675
559

647,521
333,000
3,055, 869
2. 382,454
79,658

, 563, 32$
329,406
942, 274
344,802
953, 691

558,000
1,096,932

1, 826, 609
724,097

88,444, 781

8,153, 434

4, 207

2, 698, 086
12,452,665
3,498,912
170,231

1,600,433
36,000
61,120

20,519
2, 656, 222
1,081,194
65, 505

18, 819, 894

1,697, 553

3,823, 440

17, 302,
6, 307,
14, 620,
5, 860,
2, 379,
21, 479,
10, 779,
9, 714,

756

331,113, 620 26,420, 635 32,266,776

871,
129,
349,
3, 958,
179,
2, 977,
424,

99, 785

128,885
100,000
346,090

756, 723
354, 075

36, 819

9,790,105

2, 619, 062

686, 794

122757?

38,280
1,533,978
299, 250
23, 892

8,760

"368*178
490,751

1, 895,400

17,946,624 15,240,350

8,760
9,285,025

1849.*
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island....
Connecticut

32
23
24
119
63
36

$5,275,171
3, 779, 509
3,613, 227
56,599,310
14, 684, 877
14,043, 096

$10,99S

Total Eastern States.
New York
New Jersey
Pennsylvania..
Delaware*
Maryland

297

97, 995,ISO

145,489
275, 904

$711, 894
296, 863
648, 421
4, 472. 951
539, 452
1,470. 853

$118, 060
59, 959
89, 125
1,126,162
232, 412
332, 745

$179,093
51,455
151, 049
3, 737,151
451, 364
196, 268

8, 337

462, 391

8,140,434

1, 958, 463

4, 766, 380

58, 337

81, 911,412 12,451, 637
5,887, 225
87, 932
29, 296, 076 2, 383, 272
539, 997
5, 692
12, 384, 850
829, 269

8,561,090
1,164, 288
3,131, 245
149, 645
903, 234

3,446, 867
271.440
1, 267, 909
20. 857
450, 736

2, 344,140
287,142
2, 298,445
22, 947
743, 339

6, 385, 062
2,064
2,132, 056

Total Middle States .
Virginia
North Carolina.
South Carolina .
Georgia
Alabama
Louisiana
Kentucky
Tennessee

271 130, 019, 560 15, 757, 802 13,909, 502

5,457, 809

5, 696, 013

8, 543,182

Total Southern States.
Missouri..
Ohio
Indiana...
Michigan.

149

Total Western States
Total United States 


~179
25
45
2
20

17, 338,182
4, 937,174
19, 742, 009
6, 953,166
3. 564,189
19,173, 281
11, 043, 233
8, 564, 013

585, 671
443,000
2, 308, 764
1, 690, 378
75, 218

91, 315, 247

6, 201, 366

552. 400
545, 935

978,127
174, 438
1,468, 443
1, 753,467
566, 743
2,538. 950
1, 602, 590
539, 800

354,179
129, 797
409, 392
6,487,104
155, 586
2, 720, 612
406,006
642,162

9, 622, 558

11, 804, 838

459,
272,
411,
315,

233
887
986
535

24, 000

359, 325
"373," 926*'

520, 475
250, 453
2, 230, 569

733, 251

36, 560
1, 324, 025
147, 451
5,894

7,619

3,152, 028
14, 912, 665
3,551,544
233, 268

71, 000
62, 953

53, 904
2,117, 283
693, 064
85,142

21, 849, 505

133, 953

2, 949, 393

1, 513, 930

7,619

791 |341,179, 502 22, 555, 512 134, 621, 887

14, 206, 892

9, 342, 389

74

* Incomplete.

125,
332,
382,
18,

850
812
076
077

REPORT OF THE COMPTROLLER OF THE CURRENCY,

275

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

LIABILITIES.

RESOURCES.

Specie.

$5^1 536
161. 711
121, 043
2, 578, 030
320, 581
517,700
4, 220, 601

Other
resources.

$16,124

Capital
stock.

Circulation.

Deposits.

$2, 920, 000
2, 088, 000
1, 596, 695
32, 985, 000
• 10, 037, 241
8, 726, S81

$2, 315, 521
1, 514, 420
1,733,482
13,196,029
2, 698, 495
4, 891, 265

$1,107, 387
440, 332
273,477
8, 094, 970
1, 260, 499
2, 023, 721

D a e to banks. Other liabilities.
$112, 955

$22, 386

12,252
4, 083, 650
620, 323
299,397

470, 014
149,833
10, 830

58, 353, 317

26, 349, 212

13, 200, 386

5,128, 577

653, 063

23,047,826
2, 722, 541
14, 336,196
283,961
3,106, 901

31,981,407
1,718, 847
15,110, 433
148, 793
4-, 211, 278

13, 273, 620
212, 437
4, 301, 091
22, 020
1, 667, 249

767,682
11, 818
291,179

4, 302

43. 908. 746
3, 309, 261
16,192, 258
210, 001)
8, 541, 830

1, 905, 984

72,162, 095

43, 497, 425

53,170, 758

19,476, 417

1, 074, 235

8, 997, 598
3,512,448
3. 981, 683
2, 784, 446
2,133, 210
3, 709. 053
6, 484, 814
3, 966, 764

3, 958, 988
717, 798
2,277, 568
1, 017, 636
654, 342
8, 654, 422
1,983, 513
1, 300, 000

365, 035
47, 659
1, 845, 632
104,124

45, 294

1, 289,142
1, 304, 233
374, 385

26. 860
1, 286, 475
403. 327
1, 342, 474
15,090
33,165

62, 666, 291

35, 570, 016

20. 564, 267

5, 330, 210

3.152, 685

1,204, 716
6, 056, 357
2, 082, 874
139, 450

2, 404,160
8, 647, 327
3, 606, 452
226, 901

1, 364, 650
4,545, 081
653, 445
65, 981

138, 073
858, 307
34,545
328

459,683

1, 879, 242

9, 483, 397

14,878, 840

6, 629,157

1, 031, 253

461, 823

7, 821, 587

202, 665,100

16,124

6, 722, 326
636, 387
4, G'!8, 073
74, 410
2, 244, 884

68,368
24, 090
1, 809, 224

14, 316, 080
2, 888, 718
1, 596, 269
837, 767
1, 264, 573
1,108,608
7, 578, 710
2.920,151
1, 312, 770

42.155
14, 050
205, 886
113,445
3, 548, 789
8,750
87,162

9, 684, 970
3, 402, 400
9,153. 582
8, 035, 070~
—
1, 500, 000
15, 575, 970
7, 071, 000
8, 243, 299

19, 507, 566

4, 020, 237

2, 314, 718
2, 664, 547
1, 083, 979
61,965

206,153
1, 013, 919
597,377
01, 793

6,125, 209
44,169, 456

120, 295,493

93, 564, 568

30,966,457

3, 556

2,140

$55,183

5, 341, 806

1849.*
$339, 231
155. 707
120, 798
2, 749, 917
262, 908
575, 656
4, 204, 217

$1,105
12," 856"
787

$3, 098, 000
2,178, 000
1, 826. 975
34, 630, Oil
11,161, 996
8, 928, 264

$2, 252, 764
1, 508, 608
2. 322, 962
15, 700, 935
2, 543, 444
4, 511, 570

$1,119, 252
443, 629
330,195
10, 621, 733
1, 335, 648
1, 831, 291

21, 448
4, 720, 815
488, 897
378, 403

$140,913
287, 249

61, 823, 246

28, 840, 283

15, 681, 748

5, 664, 746

428,162

22, 509, 982
2, 420, 714
10, 083, 098
310, 846
2, 780,476

33, 849, 963
1, 650, 986
12, 727, 700
113, 255
3, 994,162

12. 778, 245
223. 522
3, 316, 543
22, 950
1, 502, 437

1,854,426
4,280
89, 042

i"i32~

44, 362, 869
3, 497. 061
16, 011, 830
210,000
8, 557, 732

1, 792, 451

72, 639, 492

38,105,116

52, 336, 066

17, 843, 697
314, 737
44, 557
2, 023, 359
406, 580
383, 283
1, 640.199
1, 038J 282
345, 705

8,078
552, 700
1, 774, 205
141, 487
906, 061

14, 748

5, 481, 874
616. 624
4, 020, 731
52, 315
2,145, 013

537, 821
12, 088
1, 241, 410

12, 316, 557

3,142
1, 950, 890

3, 018, 716
39, 363
79, 628

9, 686, 570
3, 407, 300
13. 236. 967
12, 595, 010
1. 500. 000
15, 226, 570
7, 030. 000
7, 086, 943

7, 825, 832
2, 955,121
5, 237. 236
4,118, 419
1. 679,196
4,165, 072
6, 273, 458
3, 291, 762

3, 719, 613
502, 518
2, 236, 744
1, 697, 099
1,160, 064
8,427, 792
1, 870, 820
1, 061, 840

19, 231, 7 83

4, 808,183

69, 769, 360

35, 546, 096

20, 676, 490

6,196, 702 !

3, 382, 531

2. 427, 685
3.155. 362
1, 273, 895
58, 326

191. 533
1, 872. 785
502. 241
'588

2. 569, 950
9. 491. 037
3, 708. 031
195, 598

1, 735, 409
4, 567, 783
556, 050
101,156

170. 695
1, 396, 462
82, 292
83

1, 345, 397

6. 915, 268

2, 567,147

10. 029, 945

15, 964, 616

6, 960, 398

1,649,532 j

1,349,811

9,182, 529

214, 2G2, 043

118, 456, 111

95, 654, 702

2, 392, 800
1, 326, 938
1, 216, 774
1,547,626
618. 131
8,153, 450
2, 858. 585
1,117, 479

42, 667, 825

13, 651
252,050
1,404, 775




1, 208.167
6, 58+. 220
2, 089, 908
' 147. 650

* Incomplete.

31, 354, 677

4,414

7, 111, 394

276

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

1850.*
KESOURCES.

States, etc.

. of
banks. Loans and
discounts.

Maine
New Hampshire.
Vermont
Massachusetts . Rhode Island
Connecticut .
Total Eastern States..
New York
New Jersey ...
Pennsylvania.
Delaware*
Maryland
Total Middle States .
Virginia
North Carolina .
South Carolina .
Alabama
Louisiana
Kentucky
Tennessee
Total Southern States.

830, 230
852,157
423, 719
330, 024
492. 547
510,178

307 107,438,855

32
22
27
126
63
37

Due from
banks, etc, Real estate.

Notes of
other
banks.

Specie
funds.

~I5i|277
427,935

$778, 955
432, 782
1, 001,789
5, 335. 003
Ul[ 164
1, 498, 815

$111, 905 $187,435
109, 817
47, 847
127,637
94, 497
988, 235 4,048, 521
537,761
283, 344
221,378
335, 347

619, 712

9, 488, 508

1, 861,175 5, 232, 549

88,222

12,577,958
1,100,162
3, 023, 601
218,314
1, 068,587

3, 745. 579 2,453, 919
292, 730
383, 008
1, 232, 832 2, 802,118
72, 992
85, 024
384, 760
790, 505

9, 259, 681

$40, 500

189 95, 637, 807
24 ! 6, 377, 034
47 34, 927, 469
4
1, 653, 595
21 13, 767, 558

285 jl52, 363, 463 14, 810, 509 17, 988, 622

$2,376
85, 846

2, 315, 383
17, 727
59,789

5, 740, 925 6,502, 542 11, 652,580

36
19
14
1
28
16
22

18,163, 300
5.169, 007
20. 601,137
2,116, 591
18, 602, 649
11, 637, 207
9,008,699

372. 442 1, 813, 048
150,000
790, 026
1, 849, 463 2, 850, 942
928, 290
71, 018
3, 879, 996
546, 000 1, 601, 303
938, 786
624, 081

811,270
131, 469
377,571
152,601
2, 743, 270
417, 312
582,853

136

85, 298,590

3,613,004 12, 802, 391

5, 216, 346

3,265, 275
16, 305, 869
3, 912, 796
1, 080, 664

28, 820
2,198,997
749, 863
237. 215
166,187
140, 777

114,175
400, 078
369,860
237, 519

1,312,157
101,970
57, 094

179,682

24,564,604

377,992

3,143,867

1,121,632

1, 508, 041

180, 926

Missouri..
Ohio
Indiana
Michigan.
Total Western States.

$5,
3,
4,
63,
15,
14,

Stocks.

81

433,848
402, 517
715, 093
16, 029

7,664
239, 278
492, 667

700, 054
496, 656
2, 764,197

7

739, 609

" 1,244

19,42l7217 43.423, 388 13, 940, 078" 16, 007,329 12, 661, 337

Total United States...

1851.
Vermont
Massachusetts
Rhode Island

31
131

Total Middle States.




$122,003
6, 235, 787
626, 305

1, 369, 452

6, 984, 095

310 169, 735, 610 16, 777,523 24, 362, 012

5,166,005

19, 733, 325
6,056, 726
23, 169, 270
11, 286, 342
4, 669, 314
23,199, 701
10, 603, 640
11,366, 028

402, 214
150, 000
950, 332
2,173, 941
71, 503
614,162
1,062, 678

1,925, 652
1, 074, 794
6, 532, 297
2,996,039
960, 334
2, 702,154
2, 093,304
1, 559,418

7r»3,831
127, 806
340,929
6, 780, 564
125, 697
2, 633, 243
325,204
662, 580

6, 829, 523 13, 532,471
552,153
483,947
895, 717
535,506
63, 865

93, 396
682,719
200,000
1, 241,443

475, 395
733,186

155 110, 084, 346

5,424, 830 19,843,992

11, 769,854

3,533, 463
18, 046,754
4, 395, 099
1, 358, 704

108,485
406,647

66, 028
3, 574,165
598,014
397,909

123, 928
459, 385
364, 233
226,588

37, 510
1,363,985
224. 842
109i 096

3,150

27,334,020 j

515,132

4,636,116 | 1,174,134

1, 735,433

3,150

Michigan

Total United States.

7, 296, 051

$99, 698
998,213
271,541

3,350, 249 2, 852, 019 $11,345, 041
267,991
417,488
1, 008. 534 2, 519,619 2, 088,091
117, 983
74,602
22, 543
421, 248
965, 795
76, 796

Missouri
Ohio
Indiana

Total "Western Statei

129, 854

$745, 819
6, 550, 232

119,704

202 108, 229,412 14,035, 547 16,943, 569
26
7, 237, 451
42. 432 1,304,607
53 37,154, 953 1, 699. 868 4, 663,193
6
2, 263, 315
52 986
306,566
23 14, 850, 479
946, 690 1,144,077

Virginia
North Carolina
South Carolina
Georgia
Alabama
Louisiana
Kentucky
Tennessee
Total Southern Statei

$10,150

89, 778, 687

Total Eastern S t a t e s . ,
New York
New Jersey
Pennsylvania
Delaware
Maryland

$5. 566,193
66, 341,109
17,871,385

83

3, 739,769 2, 217,558

779 396,932,663 J22.847, 339 56,138,171 I 19,479,445 197288^820 |15,753,179
* Incomplete.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

277

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

RESOUKCES.
Specie.
$475, 589
149, 571
127, 325
2, 993,178
297, 661
583, 841

LIABILITIES.

Other
resources.

$13, 461

Capital
stock.

Circulation.

$3, 248, 000
2, 203, 950
2,197, 240
36, 925, 050
11, 716,337
9,152, 801

$2, 654, 208
1, 751, 096
2, 856, 027
17, 005, 826
2, 553, 865
4, 888, 029

Deposits. D u e to banks. Other liabilities.
$1, 223, 671
453,671
546, 703
11,176. 827
1,488, 596
2, 251, 525

$48, 006

$38,285

32, 984
6, 549, 929
650, 560
380,691

442, 084
138, 773
299,671

4, 627,165

13,461

65, 443, 378

31, 709, 051

17,140, 993

7,602,170

918,813

7, 259, 681
620, 689
3, 828, 754
147, 612
2,468, 235

464, 040
11, 379
2, 393,114

24, 634, 385
2, 548,351
11, 405, 455
651,121
3, 091, 408

42, 030, 384
1, 894, 237
15, 701,150
290, 556
5,183, 609

18, 498, 239
298, 560
3,965. 873
1KX 535
1,732i 813

2, 945,132

19, 682

47, 361, 325
3, 565, 288
17,182,174
940, 000
8,704, 711

14, 324, 971

2, 888, 215

77, 753,498

42, 330, 720

65, 099,936

24, 606, 020

3, 076, 544

2, 709, 055
1, 410, 254
1, 711, 902
1, 307, 392
6. 979, 772
2,683, 373
1,143,919

68, 042
11, 281
348,530
1, 229, 201
2, 656, 609
485, 285
29, 750

9, 731, 370
3, 407, 300
13,139, 571
1, 500, 000
14, 257, 520
7, 030, 000
7, 026, 987

8, 944, 752
3, 415, 788
8,741.765
2, 558, 868
5, 069, 867
6, 682, 524
3, 913, 491

4, 238, 875
720, 788
3, 322,132
1, 216, 319
8, 210, 705
2, 209, 035
1, 320, 959

328, 992
62, 350
2,047,779
20, 740
1, 763, 931
894, 210
43, 852

642, 231
395,124
450, 529

17,945, 667

4,828, 698

56, 092,748

39, 327, 055

21, 238, 813

5,161, 854

1, 795, 821

1, 902, 986
3, 369, 470
1, 285, 406
107, 210

193, 973
2,626, 369
210, 515
68, 532

1, 208, 751
7, 272, 840
2, 082, 910
392, 530

2,594, 790
10, 826, 036
3, 304, 260
624, 431

1, 377, 288
4, 878, 236
663,462
266,412

150,153
907,370
107, 242
16, 802

1, 528, 753

6, 665, 072

3, 099, 389

10, 957, 031

17, 349, 517

7,185, 398

1,181, 567

1, 717, 948

43, 562, 875

10, 829, 763

210, 246, 655 130, 716, 343 110, 665,140

38, 611, 611

7, 509,126

128, 234
3,178

307, 937

189,195

1851.
$179,050
2,478,858
277,715

$50, 996

$2, 603,112
38, 265, 000
9,418,810

$3, 377, 027
19, 694, 698
3, 076, 593

$627, 777
13, 839, 903
i, 910, 018

$90, 455
7, 001, 921
934,210

2,935, 623

50, 996

50, 286, 922

26,148,318

16, 377, 698

8, 026, 586

11, 937, 798
652, 885
7, 212, 919
188. 253
2,738, 834

1, 772, 616
134, 336
2, 099, 549

27, 926, 263
3, 046, 038
11,990, 862
833, 960
3, 532, 870

53,092,447
2, 362, 332
17, 944, 032
558, 858
5, 966, 834

25, 878, 059
373, 407
5, 889, 691
170, 877
1, 928, 214

$3,877, 770

53, 758

49, 866, 820
3, 754, 900
18, 675, 487
1, 440, 010
9,115,156

22, 730, 689

4, 060, 259

82, 852, 373

47, 329, 993

79, 924, 503

34,240,248

4, 397,140

2, 928,174
1, 645, 028
2, 429, 020
1,938, 512
1, 798, 820
5, 750, 838
2, 307, 879
1, 456, 778

37,469
18, 785
145,121
1,406. 681
81, 000
2,934, 353
417, 819

9, 868,145
3, 789, 250
13, 213, 021
13,050,198
1, 800, 000
12, 370, 390
6, 456, 927
7, 452, 265

10, 256, 997
4, 249, 883
11,771,270
9,820, 874
3,568, 285
5,090, 086
6, 339, 023
6, 814, 376

4, 717, 732
942, 098
3, 491, 733
2,414, 794
1,474,962
8, 275, 758
2, 021, 361
1,949,497

328,841
60, 682
3,065, 893
609, 763
194,911
1, 384, 232
• 977,338
61, 638

4,825
702, 043
2,105, 371
660, 732
8, 737,043

20, 255, 049

5,041, 228

68, 000,196

57,910, 794

25, 287, 935

6, 683, 298

12, 882,164

1,098,263
2, 931, 678
1.197, 880
125. 722

273, 317
2, 982, 728
247,048
70, 504

1,209,131
7,623, 333
2, 082, 950
431, 338

2, 522, 500
11, 832, 511
3,421.445
897, 364

1, 098, 981
5, 522,974
630, 323
416, 215

76,280
1, 712,580
118, 344
42, 589

1,620, 843

5, 353, 543

3,573, 597

11, 346, 752

18, 673, 820

7, 668,493

1, 949, 793

2,114,945

12, 726, 080

212, 486, 243

150,062, 925

129, 258, 629

50,899, 925

19, 394,249

51,274,904




* Incomplete.

515,975
3,395

672,150

494,102

278

REPORT OF THE COMPTROLLER OF THE CURRENCY.
STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

KESOURCES.

States, etc.

No. of
banks.

Maine
'•^few Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States..
New York
New Jersey
Pennsylvania
Total Middle States...
North Carolina
Xiouisiana

Loans and
discounts.

Due from
Stocks. banks, etc. Heal estate.
$118,523
56, 483
101,086
1. 090. 463
258, 923
418, 232

$224,364
120, 929
168,685
5, 346,162
726,039
316, 668

505, 645 12, 987,946

2,043,710

6,902,847

232 H I 752 4.79 ,19 ZC& Q27 14. 717 SQFi
636, 416
29
8, 399, 262
569,372
54 36, 398, 246 1, 501, 965 3, 308,438

4, 012, 003
254, 382
998, 970

2, 622, 670 12, 235, 862
2, 436,147

315 1156,550,980 21,502, 318 18, 595, 705

5, 265, 355

5, 058, 817 13,166, 575

$7, 042,461
5, 669, 446
5, 660, 724
77,172,079
18. 737, 093
20, 572, 263

361

134,854,066

$63, 098
115, 833
326, 714

6, 075, 419
22,407, 783

150, 000

49

28,483,202

150,000

70
14
5

19,241, 225
4. fi91 79fi
l! 273, 709

2, 721, 236

Total Western States .

89

25,136,660

Total United States ..

814

Ohio
Indiana
Michigan

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticnt

Total Middle States ..

930, 713

483, 947
1, 214, 626
483, 947

1,214,626
148, 259

743, 890

1, 418, 561
334, 286
68, 320

3,405,126

3, 990, 226

968, 991

1, 821,167

185,508

6,518,188
6, 840, 932 $117,125
37,187,177
22, 844, 911
121,414
24, 601,165
644,962

9,721, 272 14, 266, 778 14, 835, 856

$116, 842 $365, 490
$1,581,596
157,667
54,153
587,859
185,999
1,301,033
104,768
7. 971, 690 1, 069, 852 7, 340, 461
844, 329
1, 004, 863
264,812
436,538
1, 890, 685
384, 800

83,501 14,337,726

37, 249

$202, 204
202, 204

257 141,45«,233 16,128,301 |13,800,955 4,262,480 il6,134, 610.
4
1, 359, 501
188, 070
37,896 | 117.224
50
328, 813 1,100, 380
19 15,135, 587
683, 512 1, 991, 902
160, 509
115, 816
103.110
60, 386
3 1, 516, 641

127,143

283 1159,469,962 16,872,249 ; 16,141,436

4,745,005 17,455,324 I 127,143

2,198, 304
752,674 j 820. 266
414, 520
122,905 ! 354. 870
303,801 i 544. 083
1, 061,224
245,839 j 334, 844
1, 655, 758
66,370
227, 670
698, 296
10,070 '
5, 943
2, 438, 219 1,340,463 !
1, 649, 336
354,390 j 552, 244
3, 330, 722
289,191
1,182, 524
278, 576
9,301,535 12, 985, 510 3,485, 703 3,112, 553 1, 649, 336
I '
122, 869
301, 570
8,581
51,872 ~~114, 557~
432,569 2, 072, 560
96,123
2,803, 438 4, 331, 741
554, 754
319. 448
8,378
163, 846 1, 432, 292
233, 576
13.202
1, 780, 617 880, 541
110,417
276, 455
129.520
508,678

740, 947
21,784.357
150, 000
7,126,008
17,970,341 1,487,785
7, 088, 252 421,193
4,876, 031
329,276
160,746
13,052
17,038,359 5, 742, 394
14,088,798
295,903
7, 207, 691 120, 985

Total Southern States




269,147

1, 995, 227 9, 330, 484

97,340,583

Missouri
Ohio
Indiana
Illinois
Michigan
Total United States ..

172, 697

462, 227
324, 826
181, 938

345, 024,908 25, 623, 089 38,138, 581

159,158, 892

Virginia •.
North Carolina
South Carolina*
Georgia
Alabama
Mississippi
Louisiana
Kentucky
Tennessee

Total Western States

1,074,794 i
127,806
1,489,910
1.315 41 n
7
'
2,564, 704
1,443, 216

$96, 450

2, 848, 500
925, 325
216, 401

I
$11,166,519
35
33
143
77
53

Total Eastern States..
New York
Delaware*
Maryland
District of Columbia...

Specie
funds.

$956 489
771,170
1,104, 862
6, 6G6, 412
948, 313
2, 540, 700

39
31
''2
137
71
51

20
29

Total Southern States.

N o ten of
other
banks.

3,109, 559
16,787,252
4, 249, 994
586, 404
1,416,328
116

26,149,537 j 5,308,451 j 7,035,586 I 1,017.608 j 3,272,877 113,082

893 442,118,974 ,32, 365, 736 50,500,258 11,243,543 ,33,171,238

2, 091, 765

REPORT OF THE COMPTROLLER OF THE CURRENCY.

279

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1852.
RESOURCES.
Specie.
$662, 301
175,157
176, 379
3, 563, 782
414, 970
825, 379

LIABILITIES.

Other
resources.

Capital
stock.

Circulation.

Deposits.

D u e to banks. Other liabilities.

22, 757
5, 283

$3,923, 000
3, 076, 000
2, 721,168
43,270, 500
14, 037,441
12, 509, 807

$3, 254, 882
2, 625, 707
3, 779,131
21,172, 360
3, 322, 314
7,118, 625

$1, 525, 627
743, 857
872,420
15, 067, 204
2,174, 883
3, 472, 210

31,171
8, 608, 238
892.108
642, 637

$15,996

$93, 455
$474, 051
1,423,419

5, 777,968

44,036

79,537, 916

41, 273,019

23, 856, 201

10, 267, 609

1,897,470

10, 73J0, 634
877, 507
6, 685, 729

735,178

27, 311. 954
3,126, 083
11, 993, 456

56. 211, 535
2, 824,480
16,132, 749

19, 083, 264
433, 230
4,148, 640

4, 869, 099

2, 399, 936

59, 026, 740
4, 325,115
18, 895,187

18,293, 870

3,135,114

82, 247, 042

42, 431, 493

75,168, 764

23,665,134 |

5,220,547

1, 645, 029
4, 355, 381

2,455
4,130, 216

3, 789, 250
12, 201, 870 •

4, 249, 883
3, 514, 274

943.125
6, 948,116

60,682
919,930

8, 497, 481

6, 000,410

4,132, 671

15,991,120

7, 764,157

7, 891, 241

980, 612

8,497,481

2, 806, 902
1, 245, 407
161, 48-3

712, 338
266,301
216,429

11, 545,105
3. 772,193
920,951

5, 996, 37.2
657, 843
698,470

3,580, 026
123, 817
22, 858

444,525
132, 527
15, 059

4, 213, 792

1,195, 068

10,762, 996

16, 238,149

7, 352, 685

3,726, 701

34, 286, 040

8, 506, 889

188, 539, 074

107, 706, 818

114, 268, 891

38, 640, 056

$136, 880

7, 818, 761
2, 083, 007
861, 228

351,448

592,111
16, 207, 609

1853.
$1,132, 610
180,239
188,173
3, 731. 765
359,699
1,145, 857

28,145
713, 414

$5,913, 870
3, 376, 000
2, 914, 040
49, 050,175
15, 917, 429
13,164, 594

$5,317,750
3, 021, 579
4, 764,439
25, 620, 472
4, 895, 529
10, 224, 441

$2, 545, 673
868, 357
734, 216
19, 007, 651
2, 238, 856
3, 542, 935

22,136
8,593.442
1, 062, 615
716, 770

$362,729
829, 581

6, 738, 343

757, 883

90,336,108

53, 844, 210

28, 937, 688

10, 531, 843

1,192, 310

9, 993, 815
205,555
2, 838, 071
175, 546

1, 067, 022
2,071
21, 987
78, 250

62, 207, 216 ^ 2 9 , 934, 657
610, 000
770, 440
8,064, 930
4, 254,412
847, 728
243, 881

70, 474, 394
315, 795
7, 282, 355
891, 886

30, 303, 446
55,138
1, 676, 361
107, 618

9, 689,181

13,212, 987

1,169, 330

71, 729, 874

35, 203, 390

78, 964,430

32,142, 563

3, 238, 874
1,388, 545
1,669, 550
1,443,714
1,175,107
19, 211
5, 946.990
3, 634, 043
972,034

126, 493
3,944
1,076, 262
66. 684
38,479
1,149, 015
12, 023
143,344

10, 583, 700
3, 605, 000
9, 825, 685
3, 810, 400
2, 000, 000
132, 726
10, 934,130
7, 658, 700
3,460,114

12, 020, 378
4, 276, 978
7, 050, 573
4, 201, 604
2, 763, 015
49,925
4, 409, 271
8, 823,124
4, 879,196

5,191, 297
990,130
5, 319, 219
1, 639,354
2, 268, 398
12,428
10, 555, 849
2, 456, 267
1, 364, 603

450, 331
104,364
764, 916
673,029
35, 288
2, 721
810,454
2, 060, 923
199,513

16, 301
10, 772
58, 469
4,260
1,066
1, 222
8, 098, 377
15,302

19, 488, 068

2, 616, 244

52, 010, 455

48, 474, 064

29, 797, 545

5,101, 539

8, 205, 769

1, 253, 311
2, 631, 319
1, 308, 933
419, 531
197,294

48,028
851, 234
207,803

1, 210, 622
7,115, 111
2, 083, 007
1, 702,456
665, 803

2,427, 720
11, 373, 210
3, 860, 524
1, 351, 788
896,140

1, 073,138
7, 440, 650
868, 066
522,476
579, 969

150, 995
3,166, 979
108, 392
315,441
63, 084

138, 487
357, 863
14,116
182, 382

$16,324

43, 751

131, 734
867
9,821, 782

5, 810, 388

1,150, 816

12, 776, 999

19,909, 382

10, 484,299

3, 804, 891

692, 848

45, 249, 786

5, 694, 273

226, 853, 436

157,431, 046

148,183, 962

51, 580, 836

19,912, 709




280

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

1S54.
RESOURCES.

States, etc.

No. of
banks. Loan a and
discounts.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States..

Notes of
Due from
Stocks. banks, etc. Real estate. other
banks.

60 $12,114,697
$1, 681, 637
36
6, 891, 621
602,447
6, 572, 951
40
$140,864 1, 079, 686
153 93, 341, 953
8, 225, 682
87 25, 233,304
932, 619
111,988
28, 292. 321 1, 298, 677 2, 205, 068
_ 63
~439~ 172, 440, 847 "175517529" 1477277139"

$554, 679
124, 860
125, 902
5, 325, 595
880, 724
459, 502

774717262"

•~3l2~l2b3,~6087077~ 21,453, 585 11, 529, 939
New York
" 10, 663,627 j 974,895
432,378
New Jersey
48, 656, 884 1,141, 649 5, 375, 738
Pennsylvania
2,915, 602
352, 286
62, 681
Delaware
25
825, 399_ 1, 681,036
Maryland
•2474587209" 19, 371, 377
Total Middle States ..j "442
55 24,913, 789 2,259, 812 2, 710,180
756, 551
Virginia
i
25 10, 366, 247
64,175 1, 842, 569
137,154
North Carolina
419,370
18 24, 365, 690 2, 775,059 1, 611,709
South Carolina
18 13,567, 469 2,193, 848 1, 735, 422 8,176, 932
Georgia
65, 321
471,156
362, 084
Alabama
3 5, 865,142
362, 585
9,970
84,049
Mississippi
1
29, 320, 582 842, 000 2, 416, 526 1, 954,164
Louisiana
19
802,124 3,284, 405
416,192
Kentucky
35 21,398,386
Tennessee
28 11, 846, 879 538, 042 1,443, 721 _516L980_
202" 14270067769" 9, 946, 216 15,490, 665 ^ 4 5 2 , 634^
Total Southern States.
6 3, 958, 055
152, 781
1167151
Missouri
68 17, 380, 255 2, 808, 337 3,534,970
332,909
Ohio
44 7, 247, 366 3, 257, 064 1, 985,114
289, 673
Indiana.
29
316,841 2, 671, 903 878, 612
31,158
Illinois
637, 725
7 2,199, 093
742, 843
144,998
Michigan
578, 721
325, 946
10 1,163, 066
8,461
Wisconsin
Total Western States.
923,350
1 4 32,2647676" |~979537750"
6
Total of United States. 1,247 630,320,923 45, 909, 704 577209744T "2275157944"

Specie
funds.

$34, 071
206,921
240,992
18,175, 670
32, 849
3,879,120
177, 293
1,595,092

3,488,
42,
3,804,
81,
158,
7, 576,323 |23,860,024
1, 271
643, 821
645, 639
603,
111,
13,

199,848
73, 324
247, 852

1,115 780
543 978
451, 396
126 890
4,856, 651 1,191 892
282,590
1, 438,342
171, 855
715, 305
128, 860
385, 339
63, 892
4, 282
108,941
151,154
20,136
389, 025
^081,671
227985,907^ 25, 681, 933"

1855.
Maine
New Hampshire.
Vermont
Massachusetts...
.Rhode Island
Connecticut

$12, 770,181
8,037, 427
6, 710, 928
99, 506, 712
26, 385, 458
23,704, 458

$1,403, 817
$108,192 $399, 798
769, 963
56, 519
241, 383
1,150, 362
123,237
54, 556
7, 010, 323 1, 281, 602 4, 547, 710
1, 242, 362
323 092 1,157, 251
2, 272, 606
341, 754
375, 612

163, 216, 392
9,177, 334
48, 641, 393
3, 048,141
17, 588, 718

12, 475, 292 5,178, 831
1, 810, 707
240, 921
4, 840,118 1,159, 740
402,179
124, 356
1,490,609
333, 930

Total Eastern States..
New York
New Jersey.. Pennsylvania.
Delaware
Maryland
Total Middle States .. |
Virginia
North Carolina .
South Carolina .
Georgia
Alabama
Mississippi
Louisiana
Kentucky
Tennessee

23, 331, 939
11, 468, 527
23.149, 098
11, 648, 559
4, 397, 298
352, 739
27,142, 907
17, 307, 567
11, 755, 729

3,127, 300
123,275
1, 670, 305
2, 331. 661
768, 650
5,914
4,187,180
743, 033
871, 076

,434
786, 952 1,125,106
672, 991
145, 033
409, 764
1,198, 421
510, 565
441, 864
1, 094, 368 8, 308,929
633. 744
271, 801
53, 588
57, 061
60, 710
11,904
5,450
3,154, 437 3, 317, 422
3,319,718
416. 920
1, 057,140
486, 455

Total Southern States.
Missouri
Ohio
Indiana
Michigan..
Wisconsin.
Total Western States. j
Total United S t a t e s . . .




111. 185
298.222
249, 298
146. 035
24. 320

2,466, 247
6,148, 837
555, 431
1, 044, 021
160 | 30, 087, 618 10, 214, 536

905, 555
911, 000
118, 784
341,174

158, 310
173, 573
6,162
103,184

6, 588, 631 829, 060 2, 276, 513

l7325 579, 429,123 J50, 168,965 53, 882, 989

24,172, 860 ,22^329, 252 2^944,889~

REPORT OF THE COMPTROLLER OF THE CURRENCY.

281

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1854.
RESOURCES.
Specie.
$1,163,522
176,434
196, 680
3, 828, 403
312, 606
1,207, 381
6, 885, 026
14,169,905
805,533
4, 331, 656
133,367
3,405, 090
22, 845, 551
3, 271, 042
1, 857, 048
1, 621, 973
1, 576, 813
1,125, 954
5,669
7,468,460
4, 596. 249
1, 983, 790
23, 506, 998
937, 835
2, 319, 064
1, 820, 760
565,152
357, 672
182,482
6,182,965
59,420,540

LIABILITIES.

Other
resources.

$85,132
35,429
564, 522
685,083
151,528
224, 448
652,756
28, 256
1, 056, 988
26, 259
1, 369, 582
712, 950
31,500
4,742
2,163, 055
307, 368
67, 322
4, 682, 778
121, 372
127, 238
1, 368, 203
95,170
1, 711, 983
8,136,832

Capital
stock.

Circulation.

$o, 393, 369
3, 626, 000
3, 275,656
54,492, 660
17.511,162
15, 597, 891
100, 896, 738
79, 018, 980
5,147, 741
19,768, 864
1, 343,185
9, 558,409
114, 837,179
12, 796, 466
4, 818, 565
16, 073, 580
12, 957, 600
2,100, 000
240,165
17, 359, 261
10, 869, 665
6, 599, 872
83, 815,174
1, 215, 405
8, 013,154
5, 554, 552
2, 513, 790
1, 084, 718
600, 000
18, 981, 619
318, 530, 710

Deposits.

$4, 623,906
$3, 816,104
775, 410
3,079,548
745,170
3, 986, 709
19, 346, 595
24, 803, 758
2,772, 367
5,035,073
3, 910,160
11, 219, 566
52, 748,560
31, 365, 806
32, 573,189
75, 554, 481
4, 917,412
4,133. 454
17,420, 348
22, 747', 991
1,286,933
860, 947
4, 918,381
8, 621, 952
61,116, 263 111,917,925
14, 298, 792
6, 513, 027
7, 320. 667
1, 808, 587
9, 715, 783
3, 752, 260
9, 518, 777
2, 523, 227
3,171, 487
1, 671. 448
234, 745
33, 393
6,969, 807
11, 743,152
13. 573, 510
3,102,159
6,821,836
2, 200, 922
71, 625,404
33,348,175
2, 487, 580
1, 313, 744
9, 839, 008
7, 693,610
7,116,827
1, 764, 747
2, 283, 526
1,286,102
1,270, 989
1, 078, 606
485,121
654, 423
23, 483, 051
13,791,232
208, 973,278 190,423,138

D u e to banks. Other liabilities.
$161, 592
15,715
6, 930, 099
1,046, 658
1, 008, 655
9,162,719
20, 227, 967
486, 561
4, 640, 970
107, 075
2, 348, 791
27, 811, 364
635,127
186,993
1, 878, 291
722, 035
663,164
2, 022. 636
2, 809, 031
108, 470
9,025,747
228, 945
1, 866,172
445, 359
82,496
2, 622, 972
48,622, 802

$164, 625
979
329,425
1,022,940
1, 517, 969
5, 848, 627
36,647
71, 645
5, 956, 919
5, 495
51,013
159,193
1, 089, 935
2, 348, 859
447,425
4,101, 920
249, 887
100, 622
294, 034
438,488
710, 954
1, 793, 985
13, 370, 793

1855.
$877,166
236, 411
201, 548
4,409,402
385, 767
810,101

$49, 428
70, 285
673, 037

$7, 326, 302
4, 449, 300
3, 603. 460
58, 632, 350
18, 682, 802
17,147, 385

$5, 057, 297
3, 589, 482
3, 704, 341
23,116, 025
5, 404,104
6, 871,102

$2. 548, 999
958, 474
801, 039
21, 973, 260
2, 914, 596
3,433,081

$145, 727
4,788
5, 947, 836
1,192, 449
945, 844

$7,647
357, 539
482, 975

6, 920, 395

792, 750

109.841,599 |

47,742,351

32, 629, 449

8, 236, 644

848,161

13, 661, 565
826. 452
3, 944, 602
90,149
2, 987, 225

767, 642
158, 396
599, 662
29,140
595, 223

83. 773. 288
5, 314, 885
19, 864, 825
1, 393,175
10, 411, 874

31, 507, 780
3, 552, 585
16, 739, 069
1, 380, 991
4,118,197

84, 970, 870
3. 290. 462
21, 076, 464
859. 010
7, 268. 888

21, 081, 456
483. 875
3, 930, 665
127, 510
1, 511, 970

4, 731, 884
2, 716, 872

21, 509, 993

2,150, 063

120, 758, 047

57, 298, 622

117, 465, 694

27,135, 476

8, 339, 986

2, 728, 482
1, 291. 436
1, 283, 284
1, 451, 880
1,125, 490
8, 063
6, 570, 568
4,152, 988
1, 473,040

75, 309
12, 769
571, 049
423.130

10, 834. 963
6, 667, 762
6. 739. 623
6. 698. 869
2, 382,176
221,760
6, 586, 601
8, 628, 946
5, 850, 562

5, 615, 666
1,130, 329
2, 871, 095
2, 034, 455
1, 278, 022
42, 738
11, 688, 296
3, 011, 719
2,413, 418

815, 830
112. 047
1,197, 949
462, 091
181, 558

51, 546
16, 907
53, 936
1,199, 309
15, 000

50, 000
1, 985, 373
216, 505
166,395

14, 0B3. 838
5, 205. 073
16, 603. 253
13. 413, 100
2, 296, 400
240,165
20,179,107
10, 369, 717
6, 717, 848

1,154, 538
2, 577, 824
211, 681

2, 232. r>73
296, 605
85, 501

20, 085, 231

3, 500, 530

89, 058, 501

54, 611, 262

30, 085, 738

6, 713, 518

3, 951, 777

1, 215, 398
7,166, 581
7, 281, 934
980, 416
1, 400, 000

1, 460, 650
8,074.132
8,165.856
500. 942
740, 764

1, 247, 651
5, 450, 566
2, 289. 605
1,170. 974
1, 482, 053

284, 776
949, 727
803, 849
95, 597

411, 652

j

975. 491
1, 690,105
1, 894, 357
143,123
334, 383

i," 006," 525"
15, 345
8,791

5, 037, 459

1, 030, 661

18. 044, 329

53, 553, 078

7, 474, 004

337, 702, 476




18. 942, 344

11,640,849

178, 594, 579 191, 821, 730

891, 230

187, 522
456, 739

2,133,949

1, 055, 913

44,219,587

14,195, 837

282

REPORT OF THE COMPTROLLER OF THE CURRENCY.
STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

RESOURCES.
States, etc.

No. of
banks. Loans a n d
discounts.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Middle State* .

banks.

funds.

$1,396,430
741,475
1,142,104
7, 574, 792
" 128," 539' 1, 255, 322
1, 216, 630 3, 432, 975

$113, 789
75. 893
135,268
1,426,392
478,652
453,132

$464, 562
136,504
43,146
5, 248, 380
1. 281, 754
367,319

506 1187,539,613

1,459, 758 15, 543, 098

2, 683, 126

7,541,665

338 Ii92,161,113 2o7~59o7l5O~ 12, 665, 517
760. 697 1,639,249
35 10,999,919
71 52, 549,199 2, 714, 232 5, 647, 642
11
2,906, 253
44,086
387, 079
31 20, 616, 005
644,600 1,649,166

5, 857, 537
265, 228
1,128, 674
. 137, 524
318, 890

2,958,038 118,096,545
502,949 [
4,460,673
155,376
39, 830
156, 055
1,482,744 I
82,961

486 1279.232,487 24,753,705 121.988,653

7, 707, 859

9,444,234 118,490,937

$114, 589

2, 647, 366
123, 985
3,483, 011
1, 671, 234
713,026
4,894
2, 591, 400
678,389
1,466, 455

2, 476, 751
1, 705, 070
3, 777, 676
517, 945
1, 200, 083

Total Western States

246, 248
285,688

7,540, 753

999, 764
317, 690
424,135
846, 675
561, 482
7,740
965, 878
859,956

16,037

9, 898, 212

4,983,320 |

555,733

33.870
1, 632, 969
598, 262
517,066
97,265
603,848

10.C;-559
369, 600
37,165
6, 433
57,218

3, 483, 280

576, 975

28, 331
3,117,178
1, 274, 992
2,354, 571
402, 520
363,161

9, 677, 525

Wisconsin

$39, 440

807, 981
171,037
600, 880
4, 853, 503
80, 648
12, 613
2, 341, 335
488,504
541 711

144, 994,995 13,379, 700 19,247, 273

Missouri
Ohio
Indiana
Illinois
Michigan

Total United States .

Due from
banks, etc. Eeal estate.

75 $13, 066, 957
8. 846, 421
49
7, 302,951
41
101,132,792
172
98 28, 679, 343
71 28,511,149

Virginia
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Kentucky
Tennessee
Total Southern States

Stocks.

644, 310, 955 49, 270, 808 64,319. 777

985, 946

513,697

21, 275,143 25,452, 499 19,909,333

1857
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States..

76 ;13, 277, 621
47
7, 389, 813
41
7, 905, 711
173 92, 458, 572
93 25,823,152
74 33,108, 527
179, 983,396

New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Middle States . .

311 205, 892, 499 24.
46 13, 380. 085
71 55, 287, 234 2.
11
3, 021, 378
31 22, 293, 554_
470 29978747750" 27,

Virginia
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Texas
Kentucky
Tennessee
Total Southern States.
Missouri
Ohio
Indiana
Illinois
Michigan
Wisconsin..
Nebraska
Total Western States.

24,
12,
28,
16,
6,

899,
636,
227,
649,
545,
657,
31, 200,

575
521
370
201
209
020
296

$39,991

$1,158,277
829,169
926, 326
5, 522, 088
1. 410, 675
2,^51,143
1274977678"

027, 533 12,179,169
581, 773 2, 237, 204
301, 626 5,143. 330
33,076
506, 514
758, 278 1, 894, 791
702, 28i 21 L 961, : 008~

3,184, 966
94,116
3. 268, 876
2, 249, 083
142, 201
519
4. 794, 885

2740572TF
846, 416
1,180,938
1, 368, 971
665. 302
257, 505
6,416, 728

$138, 251
$375,216
82, 000
158,132
136, 582
122, 923
$36, 351
1, 608, 613 4, 385, 650
527, 787
860, 778
443, 900
^ 2 0 , 241
270, 722
3, 313, 474 6, 346, 599
307, 073"
6, 868, 945 2, 935, 205 22,6787628"
224, 711
710, 072
1, 206, 569 5, 719, 234 1,593,696
130, 000
40, 680
195, 601
402, 217 1, 666, 663
8, 832, 442 11, 071, 854 24, 477, 093
872, 368 1, 509, 089
13, 402
366, 076
192, 475
1,378
539,497
631, 273
8, 368, 280 1, 480, 570
31, 928
504, 287
78,148
11, 413
26, 503
2,470, 683

35 23, 404, 551
840, 959
739,126 4,115, 430
465, 907
40 16L89jUJ90 2,^*50^308 2^380,700
62, 767
590, 715 1, 069, 408
227 161,113,133 1679247080" 19, 637, 201 13,681,262 i 336, 389
109, 475
,
4,112, 791
75, 991
98, 254
198, 910
15, 223, 241 2, 749, 686 2, 479, 558
310,145 1,199. 863
39, 007
7,039, 691 1, 694, 357 1.338.418
557, 238
227, 599
68, 568
1, 740, 671 6,129, 613 3, 952, 450
52, 832
19, 297
433, 717
1, 903, 603
245, 061
588, 389
60, 110
9,] 41
159, 489
5, 280, 634 2, 025,160
453,771 ' 150, 315
73,222
701,161
129, 804
418, 097
210
3,975
15, 069
212 j 35,718,728 137187, 205~ "87675. 053"
903, 230 3, 263, 447
209, 385
Total United States . . 1, 413 1676, 670, 007 587"9457440"J62, 770, 940 26, 730, 408 27, 018, 289 25,103, 026
FRASER

Digitized for


REPORT OF THE COMPTROLLER OF THE CURRENCY.

288

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1856.
LIABILITIES.

BESOURCES.

Specie.

Other
resources.

Capital
stock.

Circulation.

Deposits.

D u e to banks.

Other liabilities.

$118,976

70.133
488; 138

$7 899 794
4,831,000
3, 85(5, 946
58, 598, 800
20,275. 899
18,913,372

$5, 077, 248
3,677 689
3,970,720
26, 544, 315
5, 521, 909
9,197, 762

$2,115, 202
1, 058, 803
797, 535
24,369,126
3,141, 657
4, 090, 835

7 348
4, 807, 602
1,475, 221
875,287

611,152

114, 375, 811

53, 989, 643

35, 573,158

7, 284, 434

1, 571,478

31, 340, 003
4, 285, 079
16, 883,199
1,192, 204
5,297,983

88, 852, 395
3, 994, 541
25,340, 814
852,164
8,370, 345

26, 045, 439
616, 321
4,955,485
125, 303
1, 924, 756

3,615,502

33,667,304

4, 658, 402

$753, 085
236,013
208, 858
4, 555, 571
548, 348
1, 006, 493

$52, 881

7, 308, 368

$317
659,703
911,458

10 910 330
782, (559
6, 738, 650
180, 051
3,398,101

71,587
678,018
3, 814
698,890

85 589 590
5, 682, 262
22, 026. 596
1,493,185
11, 202,606

22,009, 791

1,452, 309

125, 994, 239

3,151.109
1, 360, 995
1, 228, 221
1,955, 966
1,274,944
7,744
8,191, 625
4, 611, 766
2,231,418

114, 433
4,067
951,832
135, 298

13,014.926
5, 750, 092
6, 504. 679
10,092,809
3,467, 242
324, 080
7, 222, 614
12, 634, 533
8, 518,545

6, 204, 340
1,101,113
3, 068,188
2, 525, 256
2 837,556
35,606
L4, 747,470
3, 608, 757
3, 740,101

6, 663, 995
234, 832
1,100,299
1,334, 098
481, 289

36, 602
10,710
46, 532
623,918
10, 000

2, 233, 412
535, 730
143, 696

13, 600,188
6,031.945
17.516,600
11,508.717
2,297,800
240,165
19, 027, 728
10,454, 572
8, 593, 693

1,687, 53 L
2,555, 953
467, 070

2,301,747
532. 000
664, 910

8,525,067

4,226,419

24,013,788

58, 998, 468 127, 410, 259

96,792
8,000
938,108

4, xl8,408

89, 271, 408

67, 529, 520

37, 868, 387

4, 355, 050
2,096, 809
1, 599, 014
759,474
152, 080
531, 713

1,195, 047
132, 946
1,108,148
21, 347
1,501

1,215,405
6,491,421
4,045, 325
3, 810, 946
730,438
1, 870,000

2, 805, 660
9, 080,589
4, 516, 422
3, 420, 985
573,840
1,060,165

1, 331,126
7,101,325
1, 957, 097
1, 267, 234
1, 866, 958
2, 806, 341

9, 494,140

2, 458, 989

18,193,535

21, 457, 661

15, 830, 081

3, 633,471

586, 393

62, 826, 087

8,640,918

347,834,993

201, 975, 292

210, 681, 885

53,110, 276

ll~042^692

172,425
1, 712, 040
379. 804
241,903
53, 425
1,073,874

296,202
161, 975
128,216

185?
$703,143
275.933
188., 588
3, 611, 097
570, 850
1,129, 708
6, 479, 319
12, 898, 771
849, 926
5, 973,138
146. 367
3. 522, 561
23, 390, 763

50, 760
614, 763
682,708

$8,135, 735
5,041,000
4. 028. 740
60, 319. 720
20, 334. 777
19. 923, 553
117, 783, 525

$4, 641, 646
2, 289, 939
4, 275. 517
18,104, 827
3,192, 861
10, 590, 421
43, 095, 011

$2,116, 526
875, 789
746. 557
17, 631,190
2,510,108
4, 688, 843.
28, 569, 013

1, 639
4,106, 694
1, 661, 204
1, 020, 711
6, 935, 332

96, 381, 301
6, 582, 770
23, 009. 344
1, 428, 185
12. 297, 276
140, 298, 876

34, 019, 633
4, 759, 855
17, 368, 096
1, 394, 094
5,155, 096
62, 696, 774

96, 907, 970
4, 891, 970
27,593,534
868, 414
9, 611, 324
139, 873, 212

29,014,125
1, 438, 658
4,215,515
147, 250
1, 895. 284
36, 710, 832

6, 767,333

288, 296
303, 730
1, 065
23, 528
616, 619

12, 685. 627
6, 301, 262
10, 654, 652
9,147,011
3,177, 234
556, 345
9,194,139

7, 397, 474
1,170, 026
3, 502. 733
3,126, 530
2, 423. 269
83, 435
13, 478, 729

729, 507
224, 821
3,518.962
1, 663. 429
703, 443

98, 235
6,645
3, 355,119
872, 644
5, 000

$17,185

$145, 084
$1, 343, 948
381,402
1, 503,135
3, 228, 485

127,059
679,701
7, 574, 093

3. 092, 741
1, 156. 9*33
1,197, 774
1, 702,108
1,139, 312
7,912
6, 811,162

1, 493, 905

13, 863, 000
6. 425. 250
14, 837, 042
15, 428. 690
2, 297, 800
336, 000
21, 730, 400

965, 555

2, 207, 583

4, 406,106
2, 094, 632
21, 608, 680

363, 924
24,169
3, 609,126

10, 596, 305
8, 454, 423
93, 969, 510

13, 682, 215
8, 401, 948
73, 800,433

4, 473, 378
4, 875, 346
40,530, 920

2, 983, 373
944, 917
11, 734, 007

50, 000
951, 262
7, 546,488

1, 215. 405
6, 742. 421
4,123, 089
5,872.144
841, 489
2. 955. 000
205,000
21, 954. 548

2, 780. 380
9,153. 629
4, 731. 705
5, 534. 945
670. 549
1, 702, 570
353,796
24, 927, 574

1,188, 982
6, 543. 420
1, 852, 742
1. 002, 399
1, 347, 956
3, 365, 562
125, 291
15, 426, 352

111. 984
1, 202. 961
272, 815
210. 483
118, 962

374, 006, 459

204, 519, 792

1, 245,184
2, 016. 814
1, 420, 076
635, 810
92, 762
542, 938
136. 325
6, 089, 909

484, 682
7,913
698, 662
534, 619
1,252

687,337
380, 911
11,145
1,892
2,154
1, 083, 439

57, 568,
5, 991, 892
 671


224, 399,497

1,749
1, 918, 954
57, 299,125

392. 758
177. 309
157.981
52, 646
1, 290, 486
2,071,180
20,420, 246

284

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

1S5S.
RESOURCES.

States, etc.

No. of
banks. Loans and
discounts.

Maine
New Hampshire
Vermont r
Massachusetts
Rhode Island
Connecticut

70 $11,210,245
52
8, 252, 754
41
6. 392, 992
174 104, 423,472
83 24,065, 894
76 26, 799,430

Total Eastern States..
New York
J^ew Jersey
Pennsylvania
Delaware
Marylan d

•.

Total Middle States...
Virginia
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Kentucky
Total Southern States.
Missouri
Obio
Indiana
Illinois
Michigan
Wisconsin
Nebraska
Total Western States.
Total United States ..

Stocks.

Notes of
Due from
other
banks, etc. Real estate. banks.
$876, 022
889, 330
701, 545
6, 366, 721
1, 700,185
2, 584, 819

$135,263
66, 086
222, 560
1, 584, 885
536, 403
1, 085,173

$245,121
170.994
41,780
4,933,428
755,049
273,381

$615,441

496 181,144,787

1, 206, 564 13,118, 622

3, 630, 370

6,419, 753

1,110, 661

294 162, 807, 376
47 11, 364, 319
76 49,149, 323
11
2, 544, 212
31 21, 804, 111

11,726. 973
1, 609, 817
3,773, 227
507, 255
3,226,1.12

7,423, 614
344, 045
1,353, 285
57,655
417, 925

1, 857, 658 14,130, 673
494,197
4, 814, 978
75, 829
58, 639
108,516
1,473,413
3,164

$106,500
161, 309
938,755

459 247, 669,341 26, 576, 900 20, 843, 384
23, 338,411
11, 967, 733
22, 056, 561
12,677, 863
5, 585, 424
393,216
23, 229,096
17.681, 283

3T7
180, 270
3,223,887
2, 358, 584
146, 539
1,007
5, 318,418
738, 705

9, 596, 524

725,460

200 jll6,929,587 15, 558, 974 15, 085,222 14, 201,066 4, 279, 790
96, 626
72~000
2,088, 778 2,139, 364
920,421
1,416,737
6,164, 017 2,813, 578
322,466
77,034
3, 626,468
498, 794
35, 601
27, 546, 002 13, 690,466 6, 581,418

29T773"
522, 041
109, 224
59, 567
115, 661
229, 236
3,850

232, 625
' 262,'595'

14, 318,182
1, 674, 733
383, 018
889, 722
454,156
151,726
975

0857424
709, 830
331,109
194, 465
162, 972
219,086
951, 205
431,131

6,287

259,576
"47,'254
i39
313,256

324,705
768, 243
395, 536
265, 034
31,411
467,411
1,000

121, 354
236,661
6,433
10, 043
67,439

1, 069, 352 2, 253,340

441, 930

573,289,717 57,032, 904 55,628, 646 28,497, 312 21, 651, 768 16, 184, 029

$1,478,896
Maine
68 $11,815,127
772,173
New Hampshire
52 8,591,688
Vermont
46 6, 946, 523 $176, 400 1,167,602
5,194, 343
Massachusetts
176 109,435,512
Rhode Island
90 25,131,] 50 "161,309 1,491, 522
27, 856, 785 1, 267, 406 2,994, 958_
Connecticut .
Total Eastern States.. ~~5UG~~ 189,776,785' 17605,115" 13, O997494
New York
300" 200,5777198" 25,268788T 15,169, 559
New Jersey
46 12, 449, 460 785,523 2, 223, 935
Pennsylvania
87 46, 825, 266 2, 954,443 4, 418,436
308,222
22, 610
Delaware
12 3. 009, 285
2l!8541934
1, 017, 641
Maryland
Total Middle States...
47f 284,716,143 29,924, 425 23,137, 793
22,419,532 3, 569,437 275577I82""
Virginia
128, 951 1, 291, 343
North Carolina
28 12, 247, 300
South Carolina
20 24,444, 044 3, 321, 969 2, 200, 450
Georgia
28 17,929, 066 1, 605,127 4, 073, 665
9, 058, 379 160,219 2,192, 019
Alabama
Louisiana
12 29,424,278 5, 564, 590 9, 268, 254
793, 641 6, 535, 215
Kentucky
37 27,404, 942
2, 575, 465
Tennessee
39 13, 262, 766
233 1156,190, 287 167 7217512" • 307 "693759T
Total Southern States
— 29" 9, 830,426
417, 335
5977679"
Missouri
53 11,171,343 2, 069, 789 2, 613, 615
Ohio
37
6,468, 308 1, 252 981 1.177,489
Indiana
48
1, 296, 616 6, 486. 652 2, 627, 690
Illinois
3
258, 776
1,153, 547
137,059
Michigan
98
9, 262, 457 5,114, 415
892,775
Wisconsin
2
50, 000
5,185
30, 806
Minnesota
1
48, 256
4, 068
Kansas
97, 087
3;_127_
Nebraska
Total Western States. ~~273" 39, 333, 225 15, 649, 948 8, 084, 308
Total United States ..117489" 670, 016, 440"637901,000 7570157188"




Specie
funds.

$145, 566
72, 912
190, 565
1, 601, 072
536,403
1, 915, 047
4,461, 565
8, 264, 425
421, 793
1, 423, 253
81,499
484, 825
10, 675, 795

$273, 304
181,964
69, 435
$69,667
5,183, 459
802,660
326, 617
255, 844
6, 837, 439 325, 511
2,044, 765 18,436, 967
578, 006
834,124 3, 349, 824
61, 446
114,812
69, 863 1, 521, 663
3, 588, 204 [23, 423, 266
814, 060
496,663
317,362
51, 642
600, 290
720,692
402,451
872, 746
1, 017,580
199
581, 723 1, 287, 077
4, 924,453 2, 238, 032
1,007, 575
348,658
1,152,433
150, 741
505,685
36, 623
271, 526
9, 272
54, 953
22, 579
852, 283
83, 893
4,223
512

2,295
1,155
1,399
26
1,471, 648 3, 850, 077 652, 304
26, 799, 682 19,200,173 26,639,113

REPORT OF THE COMPTROLLER OF THE CURRENCY.

285

UNITED STATES AND THEIR PRINCIPAL RESOURCES AND LIABILITIES—Continued.

1858.
RESOURCES.
Specie.

$294,423
178, 556
11,112, 716
732, 622
915, 844
13,234,161
29, 313,421
1, 308, 851
4, 580, 528
203, 228
2,614,728

LIABILITIES.

Other
resources.

Capital
stock.

Circulation.

Deposits.

D u e to banks. Other liabilities.

93,365
877,000

$7,614,200
5,041,000
4, 082. 416
61,819, 825
20,070, 741
20,917,168

$2, 964, 327
3,115, 643
3,024,141
20,839,438
2,644,195
5, 380, 247

$1, 743,939
1,069, 920
615, 874
32, 076, 006
2, 624, 226
4,140,088

5,441
7, 654, 235
1,150, 667
684, 907

1,044, 319

119, 545, 350

37, 967, 991

42, 270, 053

9, 634, 644

1, 267. 556

467, 855
288. 802
244,120
234
14,741

107,449,143
7,494,912
25,691,439
1, 355, 010
12,451,545

23. 899, 964
3, 395, 936
11, 610,458
1, 240, 370
4, 041, 021

83,043,353
3, 696, 605
18, 924,113
609,179
7, 541,186

21, 268, 562
507, 077
5, 847, 970
72, 297
4,194, 677

2, 829, 056
80, 763
80,706

31, 890, 583

3, 541, 058

$73,954

$139,304

$76, 069
1,443
•296,889

893; 155

549, 933

38, 020, 756

1, 015, 752

154,442, 049

44, 287, 749

2, 710, 777
1, 035, 869
1,104.128
1,417, 545
1, 302, 312
591
10, 370, 701
4, 027,825

381, 987
14,275
1, 005, 448
549,639
24,506
30, 209
1,147, 287
2,611

14, 651, 600
6, 525,100
14, 885, 631
16, 015, 256
3, 235, 650
1,110, 000
22, 800, 830
10,782, 588

10, 347, 874
5, 699. 427
6,185, 825
5, 518,425
2, 581, 791
169, 400
4, 336, 624
8, 884, 225

6, 971, 325
1,037, 457
2, 955, 854
2, 215, 853
1,408. 837
49, 781
11, 638,120
3, 232,132

899, 796
82, 347
3, 074, 740
533, 819
571,556
31,792
1, 340, 619
3,195,352

87, 210
66
1,700,612
882,662

21, 969, 748

3,155, 962

90, 006, 655

43,723,591

29, 509, 359

9, 730, 021

2, 672, 525

1. 424, 004
1,734,995
1, 261, 720
233,239
23, 776
576, 543
5,683

116, 084
910, 436
10, 891
4,757
15, 727
45, 266

2, 620, 615
6, 560. 770
3, 585,922
4, 679, 325
851,804
5,515, 000
15, 000

5, 259, 960

1,103,161

78,484, 625

6, 319,194

113. 814,436

1, 482, 442
3,915,781
1,417, 966
658,521
310, 479
2,077, 862
3,673

242,117
280, 786
380, 569
19, 662
78,975

19, 842, 330

9,866, 724

1, 002,109

387,822,490

145, 721, 661

195,460, 572

52,257,357

$7,408, 945
5, 016, 000
4, 029, 240
64,519, 200
20, 321, 069
21,512,176
122, 806, 630

$2,472, 993
1,187,991
787,834
29, 249, 038
3,130, 475
5, 574, 900
42, 403, 231

$89, 271

110,258, 480
7, 359,122
24,565,805
1, 638,185
12,560,635
156, 382, 227

$3. 886,539
3, 271,183
3, 882, 983
22, 086, 921
3, 318, 681
7, 561, 519
44, 007, 826
28, 507,900
4,054, 770
11, 980, 480
960, 846
3, 977, 971
49, 481, 967

110, 465, 798
4, 239, 235
26, 054, 568
832, 657
9, 028, 664
150, 620, 922

14, 685, 370
6, 525, 200
14, 888,451
20, 479, 111
3, 663, 490
24, 215, 689
12, 216, 725
8, 361, 357
105, 035, 393

10, 340, 342
6, 202, 626
9,170, 333
11, 687, 582
6, 651,117
9, 094, 009
14, 345, 696
6, 472, 822
73, 964. 527

7,401, 701
1, 502, 312
3, 897, 840
5, 317, 923
3,830, 607
21,822 538
5,144, 879
4, 659, 809
53, 577, 609

5, 796, 781
6, 707,151
3, 617, 629
4,000, 334
745, 304
7, 995, 000
50, 000
52 000
56, 000
29, 020,199

6, 069,120
8, 040, 304
5, 379, 936
5, 707, 048
331, 978
4, 695,170
48,643
8,895
23, 346
30, 304, 440

3,123,622
4, 389, 831
1,723, 840
640,058
555,693
3, 022, 384
13 331
2, 695
2iJ, 348
13, 494, 802

413, 244, 449

197, 758, 760

260, 09G. 564

60
1, 915

23, 828, 436

1, 718, 750
6, 201, 286
3,363,976
5, 238, 930
364, 676
2, 913, 071 •
41, 641

282, 071
60, 954
131,762
124,198
1,278, 872
2, 576
1, 880, 433
9, 361, 572

1859.
$663,754
255, 278
198. 409
7, 532, 647
608, 833
989, 020
10, 248, 841
28, :i:$f), 984
952, 231
11, 345,536
217,342
3,120, 011
43,971,104
3, 077, 687
1, 248, 525
2, 601,414
3, 751, 998
3, 371, 956
16, 218, 027
4, 984,141
2, 863, 018
38,116, 766
3, 921, 789
1, 845, 441
1,869, 000
269, 585
42, 018
706, 009
15,272
8,268
6,629
8,684, 011
101, 020, 722

$176,412
93,365
799, 244
1, 069, 021
397, 330
391,194
453, 521
67,574
1, 309, 619
413,675
45,696
2, 964, 540
678, 274

873, In
144, 075
8,258
5,127, 989
711,157
111, 089
1,837
14,440
1,250
1,341
841,114

8, 347, 743



19,132
6, 937, 042
936, 081
926, 308
8, 907, 834
35,134, 049
770,935
4, 569,625
86,180
1,725, 807
42, 286, 596
982, 351
184, 356
3,746,604
1, 727, 995
1, 006, 832
2,198, <)82
4 338 ; ( 4
>5
1, 073, 269
15, 258, 753
579, 830
488, 878
179, 366
15. 621
35,165
1, 573, 694

$3, 780
296, 889
5.808
306, 477
2, 824, 618
""429*167
417, 667
3, 671, 452
58,780
7, 766
3, 214, 920
552, 254
2,131
1,781,058
441,165
6, 058, 074
206,235
68, 215
525,344
126, 111

4,418
2, 873, 972

925, 905

69, 327,155

10,931,908

286

REPORT OF THE COMPTROLLER OF THE CURRENCY.

STATEMENT SHOWING BY STATES, ETC., THE NUMBER OF STATE BANKS IN THE

I860.
RESOURCES.

States, etc.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total Eastern States
New York
New Jersey
PennsylvaniaDelaware
Maryland
Total Middle States .
Virginia
North Carol ina
South Carolina
Georgia
Florida
Alabama
Louisiana
Kentucky
Tennessee
Total Southern States
Missouri
Ohio
Indiana
Illinois
Michigan
Wisconsin
Iowa
Total Western States
Total United States .

No. of
banks. L o a n s a n d
discounts.

Stocks.

$12,654,794
8,794, 948
6, 748, 500
$190,372
1 19,164, 434
214,104
26,719, 877
30,518, 689 1,104, 343
2047601,^242 175087819"

Due from
banks, etc. Real estate.
$1.019,902
756, 200
1, 292. 595
3, 966, 726
1,143,591
2, 9