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ANNUAL REPORT OF THE

Comptroller of the Currency
TO THE SECOND SESSION OF THE SIXTIETH
CONGRESS OF THE UNITED STATES




1908

WASHINGTON
GOVERNMENT PRINTING OFFICE
1908




TREASURY DEPARTMENT,

Document No. 2530.
Comptroller of the Currency.

CONTENTS.
Page.
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5
6
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15
18
18
19
24
25
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27
30
31
33
33
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38
38
39
40
40
44
46
18
48
49
49
50
52
52
53
53
55
60
62
62
62
64
64
66
67
69
69
70
73
80

Condition of national banks
Deposits, reserve and lawful money in bank
T
Classification of loans
Rates for money
State bonds, etc., available as security for additional circulation
Capital stock of national banks
United States bonds, etc
National bank circulation
Earnings and dividends of national banks
Expenses of national banks
Organization of national banks
Changes in titles of national banks
Extension of corporate existence of national banks
Liquidations
National bank examinations
State, savings, private banks, and loan and trust companies
Consolidated returns from state, savings, private banks, and loan and trust companies
State banks
Savings banks of the United States
Mutual savings banks
Stock savings banks
Mutual and stock savings banks
Interest rates paid by savings banks
Private banks
Loan and trust companies
Capital stock of national a n d other banks
Individual deposits in banks of the United States
Money in banks of the United States
Distribution of money in the United States
Loans of national and other banks
Bank resources
Banks and banking in the island possessions
Philippines
Agricultural banks
Postal savings banks
Porto Rico
Hawaii
State and private bank failures
Growth of banking in the United States
Growth of banking in recent years
Banking power of the United States
School savings banks
Building and loan associations
Clearing-house transactions
Clearing-house certificates
Foreign banks of issue
Foreign savings banks
Postal savings banks
Banking power of the world
Oklahoma deposit guaranty law
National bank legislation, 1908
Insolvent national banks
•.»»«-.*».




in

IV

CONTENTS.
CONTENTS OF APPENDIX.

Page.
Digest of bank decisions
89
No. 1. Comptrollers and deputy comptrollers of the currency
103
No. 2. Names and compensation of officers and clerks in the office of the Comptroller of the
Currency, October 31,1908
104
No. 3. National-bank examiners
106
No. 4. Expenses of the office of the Comptroller of the Currency for the year ended June 30,
1908
106
No. 5. Number of national banks organized, number now in operation, and the number passed
out of the system since February 25,1863
107
No. 6. Number and authorized capital of national banks organized and 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
107
No. 7. Number of national banks organized, in liquidation, and in operation, with their capital, bonds on deposit, and circulation issued, redeemed, and outstanding on October
31,1908
108
No. 8. Number of national banks organized, in voluntary liquidation, insolvent, and number
and capital of associations in active operation on January 1 of each ^ear, from 1864
to 1908
109
No. 9. National banks classified by capital, October 31,1908
110
No. 10. National banks chartered during the year ended October 31, 1908
112
No. 11. Number of State banks converted into national banking associations, by States
120
No. 12. Number of national banks in each State extended under the act of July 12, 1882
120
No. 13. Number of national banks reextended under the act of April 12, 1902
121
No. 14. National banks the corporate existence of which will expire for the first time during
the year ending October 31, 1909, with the date of expiration
121
No. 15. National banks the corporate existence of which will expire for the second time during
the year ending October 31, 1909
123
No. 16. Authorized capital stock of national banks on the first day of each month from January
1, 1878, to November 1,1908, bonds on deposit to secure circulation, circulation secured
by bonds, lawful money on deposit to redeem circulation, and national-bank notes
outstanding, including notes of national gold banks
123
No. 17. National-bank notes outstanding, lawful money on deposit to redeem circulation, the
changes during the preceding year and the preceding month, together with bonds on
deposit to secure circulation and public deposits on October 31, 1908
,
130
No. 18. Yearly increase or decrease in national-bank circulation from January 14, 1875, to
October 31,1908
131
No. 19. National-bank notes issued, redeemed, and outstanding, by denominations and amounts,
on October 31,1864 to 1908, inclusive
132
No. 20. National gold bank notes issued, redeemed, and outstanding October 31, 1908
135
No. 21. National-bank notes of each denomination outstanding March 13, 1900, and October 31,
1901 to 1908
185
No. 22. National-bank notes outstanding and the amount and per cent of notes of $5 on March
14,1900, and October 31,1900 to 1908
136
No. 23. Number and denominations of national-bank notes issued and redeemed since the
organization of the system, and the number outstanding October 31,1908
136
No. 24. Vault account of currency received and issued by this bureau during the year
136
No. 25. National banks having no circulation outstanding October 31, 1908
136
No. 26. Additional circulation issued and retired, by States, during the year ended October 31,
1908, and the total amount issued and retired since June 20,1874
137
No. 27. National-bank notes received monthly for redemption during the year by the Comptroller and the redemption agency of the Treasury, together with the total amount
received since June 20,1874.
138
No. 28. National-bank notes received at this bureau and destroyed yearly since the establishment of the system
138
No. 29. National-bank circulation issued; the amount and per cent redeemed and destroyed on
account of active, liquidating, and insolvent national banks, annually, to October 31,
1908
139
No. 30. Vault account of currency received and destroyed during the year
139
No. 31. Taxes assessed on circulation, deposits, and capital of national banks from 1864 to 1882. 140
No. 32. Taxes assessed on capital and deposits of national banks from 1864 to 1883, on circulation
1864 to 1908, and on capital and surplus 1898 to 1902
140
No. 33. Taxes assessed on national-bank circulation, 1864 to 1908, cost of redemption, 1874 to 1908,
cost of plates, and examiners' fees, 1883 to 1908
141
ISo. 34. Taxes collected on national-bank capital to June 1,1883, and from 1898 to 1902, on deposits
to June 1, 1883, and on circulation, 1864 to 1908
141



CONTENTS.

V

Page.
No. 35. Taxes collected on circulation, deposits, and capital of banks other than national, 1864
to 1883, and on capital, 1898 to 1902
141
No. 36. Average amount of national-bank notes in circulation and duty paid thereon, year ended
June 30, 1908
142
No. 37. Specie and bank-note circulation of the United States froir 1800 to 1859
143
No. 38. Coin and paper circulation of the United States, 1860 to 1908
144
tfo. 39. State-bank notes outstanding and percentage of, to total money in the country, 1800 to
1863
145
No. 40. National-bank notes outstanding and percentage of, to total money in the country, 1864
to 1908
145
No. 41. Number, capital, circulation, aggregate assets of national banks October, 1863, to September 23, 1908, money in the country, etc
146
No. 42. United States bonds on deposit to secure circulating notes of national banks on October
31, 1882 to 1908
150
No. 43. Profit on national-bank circulation based on deposit of $100,000 consols oi 1930
152
No. 44. Dates of reports of condition of national banks, 1863 to 1908
153
No. 45. Abstract of the resources and liabilities of national banks on September 23,1908, in New
York City, all central reserve cities, other reserve cities, and elsewhere, and the aggregate in the United States
154
No. 46. Highest and lowest points reached in the principal items of resources and liabilities of
national banks during the existence of the system
155
No. 47. Percentages of loans, United States bonds, and lawful money to the aggregate resources
of national banks, 1866,1890 to 1908
155
No. 48. Classification of loans made by national banks in reserve cities, etc., in September, 1904
to 1908
156
No. 49. Classification of loans and discounts in national banks in reserve cities, etc., September
23, 1908
157
No. 50. Specie and circulation of national banks at date of each report in the year ended September 23, 1908
160
No. 51. Gold, silver, coin certificates, legal tenders, and currency certificates held by national
banks at date of each report since January 20,1877
180
No. 52. Specie held by national banks in New York City at date of each report since February
18,1898
186
No. 53. Deposits and reserve of national banks on or about October 1,1883 to 1908
188
No. 54. Lawful money reserve of national banks in the year ended September 23,1908
192
No. 55. Deposits in national banks, reserve required and held in the year ended September 23,
1908
212
No. 56. Lawful money reserve of national banks at date of each report since September 15, 1902. 214
No. 57. Abstract of reports of earnings and dividends of national banks from July 1,1907, to July
1, 1908
216
No. 58. Ratios to capital and to capital and surplus of the earnings and dividends of national
banks in each State, etc., rom March 1, 1904, to July 1,1908
224
No. 59. Number of national banks, capital, surplus, dividends, net earnings, etc., 1870 to 1908... 228
No. 60. National banks in voluntary liquidation under the provisions of sections 5220 and 5221,
United States Revised Statutes
229
No. 61. National banks in liquidation under section 7, act July 12,1882, succeeded by associations
with the same or different titles
252
No. 62. National banks in voluntary liquidation under the provisions of sections 5220 and 5221,
United States Revised Statutes, for the purpose of organizing new associations under
the same or different titles
255
No. 63. National banks in liquidation under section 7, act July 12, 1882, etc
258
No. 64. Number of national banking associations placed in voluntary liquidation and terminated by expiration of charters, including those succeeded by reorganizations, annually, 1864 to 1908
260
No. 65. National banking associations placed in voluntary liquidation during the year ended
October 31, 1908, with absorbing associations in cases of consolidation of interests
261
No. 66. National banks in charge of receivers, dates of organization and failure, cause of failure,
dividends paid while solvent, circulation issued, redeemed, and outstanding, 1865 to
1908, inclusive
266
No. 67. Insolvent national banks, dates of failure and final liquidation, assets, collections, dividends paid, etc., 1865 to 1908
286
No. 68. Insolvent national banks, dates of failure and final liquidation, assets, collections, dividends paid, etc., 1865 to 1908, arranged by States
322
No. 69. Summary of reports of receivers of insolvent national banks, by years, 1865-1908
374
No. 70, Summary of reports of receivers—receiverships closed, and receiverships not closed, by
States
378




VI

CONTENTS.

Page.
No. 71. Summary of reports of receivers of closed receiverships, by years, 1865-1908
382
No. 72. Liabilities of liquidated insolvent national banks, amount realized from assets and from
assessment upon shareholders, with cost of administration, and net loss to creditors,
1865-1908
386
No. 73. Claims proved by and dividends paid to creditors of insolvent national banks, by States,
1865-1908, together with net loss to creditors, of receiverships closed, and balance due
creditors of active receiverships..
388
No. 74. Insolvent national banks the affairs of which were finally closed during year ended
October 31,1908
389
No. 75. Losses sustained by creditors of insolvent national banks the affairs of which have been
finally settled, together with percentage of loss to individual deposits of active
national banks
390
No. 76. Number of national banks in operation and individual deposits, number of insolvent
national banks, claims proved, amount and per cent of loss to creditors, by years,
1865-1908
391
No. 77. Amount of individual deposits in active national banks on May 22,1907, together with
the number of insolvent national banks the affairs of which have been finally settled,
net loss to depositors, amount collected from assessments upon shareholders, arranged
by States, and showing the percentage of deposit to total deposits, with percentage of
loss sustained by each State to total loss and percentage of deposits held to percentage
of loss sustained, 1865 to October 31, 1908
392
No. 78. Dividends paid to creditors of insolvent national banks year ended October 81,1908
394
STATE BANKS STATISTICS.
I.
II.
III.
IV.
V.
VI.
VII.
VIII.
JX.
X.
XI.
XII.

Abstract of reports of condition of State banks
Abstract of reports of condition of loan and trust companies
Abstract of reports of condition of private banks
Abstract of reports of condition of mutual and stock savings banks
Aggregate resources and liabilities of State banks from 1904
Aggregate resources and liabilities of loan and trust companies from 1904
Aggregate resources and liabilities of savings banks from 1904
Aggregate resources and liabilities of private banks from 1904
Gold, silver, and other money held by State banks, 1873 to 1908
Dividends paid by State banks, trust companies, and private banks, 1908
Capital stock of national and other banks, on or about June 30,1908, by States
Population of the United States and aggregate resources of national and other banks
on or about June 30,1908
XIII. Gold, silver, and other money held by national and other banks on or about
June 30, 1908
XIV. Number, assets, and liabilities of State and savings banks, loan and trust companies,
and private banks, which failed during the year ended June 30,1908
XV. Abstract of reports of condition of loan and trust companies in the District of
Columbia since August 22,1907
XVI. Abstract of reports of condition of savings and State banks in the District of
Columbia since August 22,1907
XVII. Individual statements of the loan and trust companies of the District of Columbia..
XVIII. Individual statements of savings and State banks in the District of Columbia
XIX. Report of Receiver of the Aetna Banking and Trust Company of Butte, Jtfont., and
Washington, D. C, branch
XX. Statement from annual report of commissioner of the Freedmen's Savings and
Trust Company
XXI. Resources and liabilities of the First Bank of the United States
XXII. Resources and liabilities of the Second Bank of the United States, 1817 to 1840
XXIII. Number, capital, circulation, deposits, specie, and loans of colonial and State
banks, on dates indicated, from 1774 to 1833
XXIV. Comparative statement of the principal items of resources and liabilities of State
banks from 1834 to 1872
XXV. Comparative statement of resources and liabilities of State banks from 1873 to 1908..
XXVI. Banks in t h e Philippines March 31,1908
XXVII. Banks in the Philippines June 30,1908
XXVIII. Summary of reports of condition of ten banks in the Philippines March 31,1908 —
XXIX. Report of financial institutions in Porto Rico, J u n e 30, 1908
XXX. Individual deposits in State, savings, private banks, and loan and trust companies,
and national banks, in each State and geographical division, 1900, 1904, and 1906
to 1908
-




398
402
406
410
414
414
415
416
417
418
419
420
424
426
428
429
430
431
432
433
433
434
435
436
438
440
442
444
445

447

CONTENTS.

VII

MISCELLANEOUS STATISTICS.
Page.
XXXI. Comparative statement of the transactions of the New York clearing house for the
last fifty-five years
455
XXXII. Comparative statement for two years of the transactions of the New York clearing
house
456
XXXIII. Exchanges, balances, percentage of balances to exchanges, and percentage of funds
used in settlement of balances by the New York clearing house, 1893 to 1908, inclusive
456
XXXIV. Clearing-house transactions of the assistant treasurer of the United States at New
York for the year ended September 30, 1908
456
XXXV. Comparative statement of the exchanges of the clearing houses of the United States
for the years ended September 30,1908 and 1907
457
XXXVI. Exchanges of clearing houses of the United States, by geographical divisions, 1903
to 1908
459
XXXVII. Investment value of United States bonds
461
XXXVIII. United States bonds, monthly range of prices in New York, 1900 to October 31,1908.. 463
XXXIX. Currency value of gold in the New York market, 1862 to 1878
476
XL. Gold value of currency in the New York market, 1862 to 1878
477
FOREIGN BANKS AND BANKING.
XLI. Resources and liabilities, on June 30,1908, of the banks of the United Kingdom, colonial and foreign banks with London offices
XLII. Summary of reports of chartered banks of Canada, 1908
XLIII. Summary of balance sheets of banks of Australasia, June 30, 1908
XLIV. Statement of resources and liabilities of the chartered banks of Mexico, July 31,1908.
XLV. Statement of the resources and liabilities of the banks of Japan on June 30, 1907
XLVI. Reports of 24 banks in Chile, December 31,1907
XLVII. Comparative statement of principal items of resources and liabilities of 46 German
banks, 1906 and 1907
XLVIII. Resources and liabilities of 26 Swiss banks and branches, March 31, 1908
XLIX. Statement relating to banks of Argentina, 1892-1907
L. Statement of condition of the Bank of France and its branches, October 22,1908
LI. Foreign banks of issue, etc., June 30,1908
LII. Monetary systems and stocks of money in the principal countries of the world
LIU. Summary of reports of condition of the State banks of Alabama, October 21,1908

478
480
481
481
482
483
483
484
484
485
486
488
490

SUMMARIES AND ABSTRACTS OF NATIONAL-BANK REPORTS.
Aggregate resources and liabilities of national banks from 1863 to 1908
Summary of principal items of resources and liabilities of the national banks, by States, from
1863 to 1908
Summary of the state and condition of national banks from December 3,1907, to September 23,
1908
Condensed reports of the principal items of resources and liabilities of national banks on September 23, 1908




491
525
555
623

REPORT
OF

THE COMPTROLLER OF THE CURRENCY.
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,

Washington, December 7,1908.
SIR: In compliance with the requirements of section 333 of the
Revised Statutes of the United States, the forty-sixth annual report
of the operations of the Currency Bureau for the year ended October
31, 1908, is herewith submitted.
CONDITION OF NATIONAL BANKS.

The resources and liabilities of national banks in active operation
at date of the periodical reports made to the Comptroller during the
past year are shown in detail in the following table:
ABSTRACT OP REPORTS OP CONDITION OP NATIONAL BANKS IN THE UNITED STATES
PROM DECEMBER 3, 1907, TO SEPTEMBER 23, 1908.
Dec. 3, 1907—
6,625 banks.

Feb. 14, 1908— May 14, 1908— July 15, 1908— Sept. 23, 1908—
6,853 banks.
6 778 banks.
6,824 banks.
6,698 banks.

RESOURCES.

Loans and discounts... $4,585,337,094.67 $4,422,353,647.81 $4,528,346,875.75 $4,615,675,531. 59 $4,750,612,731.11
Overdrafts
29,625,689.91 23,335,809. 45, 24,705,023.68 30,908,965.22
37,544,694.59
U. S. bonds to secure
circulation
619,329,870.00 636,282,800.00 624,918,910. 00 624,704,910.00 628,073,040.00
U. S. bonds to secure
82,973,900.00
U. S. deposits
83,334,190.00 86,745,640.00
72,369,400.00
81,157,400.00
Other bonds to secure
185,479,586.44 172,866,536.43 119,855,294.78
74,240,130.93 57,625,564.99
U. S. deposits
8,669,680.00
6,888,210.00
5,490,300.00
5,212,700.00
7,876,290.00
U. S. bonds on hand...
Premiums on U. S.
15,846,868.66
16,518,887.03
16,280,879.53
16,250,697.16
16,257,386.75
bonds
Bonds, securities, etc.. 705,019,221.00 714,043,089.90 735,293,051.32 765,875,219.95 799,884,180.37
Banking house, furni168,783,790.28 170,494,403.76 174,985,476.32 178,332,830.79 182,512,773.27
ture, and fixtures
20,918,279.36
19,946,359.54
18,786,824.59
18,944,250.93 19,332,108.97
Other real estate owned
Clearing-house certifi1,265,821.
5,508,315.80
64,344,128.95
cates, net balance
Due from national
296,358,487.71 326,457,811.89 340,845,997.21 350,316,751.08 370,034,924.68
banks
Due from state banks
104,958,231.74 109,863,718.44 108,205,947.72 113,754,015.22 121,360,342.73
and bankers, etc
Due from approved re523,828,151.44 598,536,934.12 612,969,288.34 640,387- 918.64 711,948,690. 39
serve agents
Checks and other cash
25,357,938.56
30,227,694.61
36,305,257.66
25,429,953.90
26,908,310.17
items
Exchanges for clearing
234,169,391.65 190,533, 258.87 232,214,914.55 244,555,933.22 276,557,384.47
house
Bills of other national
37,313,104.00
37,994,704.00
40,698,562.00
37,481,072.00 38,062,640.00
banks
Fractional currency,
2,812,775.17
2,880,659.01
2,400,596.95
2,684,179.11
nickels and cents
2,713,572.86
62280—CUR 1908




1

2

KEPOBT OP THE COMPTBOLLER OF THE CURRENCY.

ABSTRACT OP REPORTS OF CONDITION OF NATIONAL BANKS IN THE UNITED STATES
FROM DECEMBER 3, 1907, TO SEPTEMBER 23, 1908—Continued.
Dec. 3,1907— Feb. 14, 1908— May 14,1908— July 15,1908— Sept. 23,1908—
6,824 banks.
6,625 banks.
6,698 banks.
6,778 banks.
6,853 banks.
RESOURCES—cont'd.
$160,420,045.14 $148,670,869.65 $154,463,358.73 $153,582,996.07 $150,303,527.46
Gold coin
Gold Treasury certificates
171,217,160.00 240,978,140.00 252,662,620.00 241,445,400.00 267,468,060.00
Gold Treasury certificates payable to order
23,540,000.00 40,810,000.00 63,685,000.00 51,590,000.00
53,130,000.00
Clearing-house certifi42,869,000.00 47,810,000.00 54,551,000.00 57,324,000.00 65,599,500.00
cates (sec. 5192)
Silver dollars
14,743,594.00 17,535,178.00 15,137,398.00 13,521,001.00
11,670,786.00
Silver Treasury certificates
81,722,820.00 101,286,902.00 120,804,039.00 123,478,641.00 116,882,254.00
Silver fractional coin...
15,838,880.05 15,515,834.50
15,172,659.50 17,293,779.61
15,131,427.68
Total specie
Legal-tender notes
Five per cent redemption fund
Due from Treasurer
U. S
Total

509,685,278.64
151,099,458.00
28,489,848.90

30,511,816.57

30,738,781.59

7,137,634.91

4,770,597.10

680,185,555.14
188,238,515.00

30,350,471.71

30,612,465.69

1,940,677.50

677,142,295.78: 656,457,872.57
184,184,155.001 192,560,877.00

614,384,869.26
174,010,707.00

7,041,977.12

6,169,413 90

8,407,988,121.37 8,396,871,941.28 8,594,622,697.65 8,714,064,400.09 9,027,260,484.76

LIABILITIES.

Capital stock paid i n . . . 901,681,682.00 905,549,757.00 912,361,919.59; 919,100,850.00 921,463,172.00
Surplus fund
549,614,684.05 554,437,833.40 555,000,248.14 564,045,022.80 565,566,207.38
Undivided profits, less
expenses and taxes.. 200,558,226.02 188,487,741.38 203,108,414.78 184,656,576.85 202,099,801.63
National-bank notes
601,805,985.50 627,641,739.00 614,088,723.00 613,663,963.00 613,726,155.50
outstanding
State-bank notes out30,392.50
30,397.50
30,419.50
standing
30,392.50
30,417.50
Due to other national
708,919,278.08 807,361,613.80 837,330,002.14 877,776,257.32 965,052,446.51
banks
Dne to state banks and
318,969,686.72 364,501,815.93 371,549,628.54 402,928,617.10 454,700,640.71
bankers
D ue to trust companies
and savings b a n k s . . . 323,321,475.33 379,277,945.83 447,651,903.99 502,539,153.92 484,235,840.42
Due to approved re36,675,751.06 33,285,360.82 35,890,168.98 39,609,640.66
serve agents
37,676,225.66
1,155,144.23
1,401,002.58
Dividends unpaid
2,849,822.39
1,081,268.76
1,444,213.67
Individual deposits.... 4,176,873,717.48 4, 105,814,418.48 4, 312,656,789.59 4. 374,551,208.33 4, 548,135,165.83
223,117,082.61 221,437,650.19 170,700,222.87 ' 118,576,923.89 114,378,386.73
U. S. deposits
Deposits of U. S. dis11,689,099.74
11,993,867.26
11,612,088.02
bursing officers
10,957,138.23
11,296,762.46
53,068,358.66
47,582,995.16
78,210,335.96
166,073,021.10 138,183,887.14
Bonds borrowed
Notes and bills redis8,741,174.52
11,348,654.07
counted
,
7,414,025.70
20,309,972.98 10,573,000.20
41,936,383.40
Bills payable
80,645,256.81 41,059,776.44 30,729,794.41! 33,586,463.49
4,405,556.04
3,410,043.08|
2,328,731.64
4,349,983.90
Reserved for taxes
Liabilities other than
4,957,699.69
2,300,891.02
those above stated...
1,847,425.20
2,652,472.72
1,980,358.88
Clearing-house certifi7,205,923.58
cates, net balance....
108,368.60
1,550,014.77
74,461,026.61
Total
8,407,988,121.37 8,396,871,941.28:8,594,622,697.658,714,064,400.09,9,027,260,484.76

I

I

i

|_

.

As stated in the Comptroller's last annual report to Congress, the
extraordinary conditions which developed in October were not
shown to any appreciable extent in the banks' reports as a whole up
to August 22. Referring to the five abstracts of reports of condition
of national banks, made during the year ended August 22, 1907, it is
shown that there was a gradual increase in loans and discounts,
beginning on November 12, 1906, at $4,366,045,295.93, and amounting
to $4,678,583,968.99 on August 22, 1907.
Individual deposits in the banks were about $174,000,000 higher
on November 12, 1906, than on January 26 following, when they
amounted to $4,115,650,294.21. On March 22 they had increased
to $4,269,511,629.17; on May 20 to $4,322,880,141.39, but by



BEPOBT OF THE COMPTBOLLEB OF THE CUBEENCY.

3

August 22, 1907, a decrease as compared with May 20 of about
$4,000,000 had occurred.
Lawful money held by banks on November 12, 1906, aggregated
$634,550,158, and was increased by January 26, 1907, to $695,503,522.
Between that date and March 22 there was a decrease to $656,220,551,
but on May 20 there was an increase to $691,591,148, and on August
22 to $701,623,533. Between November 12, 1906, and August 22,
1907, the banks increased their outstanding circulation roundly to
the extent of $15,800,000.
Subsequent to the date of receipt of the August returns, but prior
to the next call (December 3, 1907), the financial disturbance occurred
attended by a so-called " currency famine." In the following weeks
3 national banks, 8 state banks, and 4 trust companies located in the
city of New York failed or suspended, with aggregate liabilities to
depositors and other creditors at date of closing of about $110,000,000.
It is of interest to note, however, that one of the national banks
resumed business; the second has paid its creditors in full, both
principal and interest; the third has paid 95 per cent, and within the
near future creditors will be paid in full. All of the state banks
referred to have resumed business with one exception, and in the
latter case depositors have been paid in full by a trust company
which took over the business. Three of the four trust companies
have resumed, and provision has been made for the payment of claims
of the creditors of the company which did not reopen.
The acuteness of the panic was early relieved by the addition
of over $500,000,000 to the currency medium in circulation, from
the following sources: Importation of about $106,000,000 of gold in
November and December; increase in the deposit of public moneys
with national banks between September 1 and the close of the year,
of approximately $100,000,000; the issue of $248,000,000 of clearinghouse loan certificates between October, 1907, and January, 1908, and
increase of national bank circulation between October 31 and December 31, 1907, of $80,000,000.
Referring again to the condition of national banks, it is noted
that between August 22 and December 3, 1907, the volume of loans
and discounts had been reduced to the extent of $93,246,874.32,
standing on the latter date at $4,585,337,094.67. There was also a
reduction of $146,943,371.08 in the amount due from banks and bankers, $21,422,471.88 in specie, and $19,416,324 in legal tenders. The
liabilities of the banks on account of individual deposits declined from
$4,319,035,402.62 to $4,176,873,717.48, or $142,161,685.14; and in
the same period the liabilities to other banks decreased to the extent
of $207,607,182.33. The only material increase in resources was
in the item of United States bonds deposited as security for circulation, the increase being $62,051,920, or from $557,277,950 to
$619,329,870. Between these two calls the banks increased their
outstanding circulation to $601,805,985, an increase of $49,856,524.
The liabilities of the banks to the United States on account of public
deposits was increased to the extent of $79,834,689.46, the aggregate
of these liabilities on December 3 amounting to $223,117,082.61.
Liabilities on account of bills payable and notes and bills rediscounted
increased from $59,176,079.98 on August 22 to $100,955,229.79, a
net increase of $41,779,149.81.



4

BEPOBT OF THE COMPTROLLER OF THE CURRENCY.

Between December 3, 1907, and February 14, 1908, loans and discounts decreased from $4,585,337,094.67 to $4,422,353,647.81, but
increased to $4,528,346,875.75 on May 14, and to $4,615,675,531.59
on July 15. On September 23, 1908, loans and discounts reached
the highest amount in the history of the system, viz, $4,750,612,731.11.
United States bonds on deposit to secure circulation and public
deposits and the amount in bank increased from $696,900,000 in
round amount on December 3, to $726,500,000 on February 14, but
declined to $717,000,000 on May 14, and to $716,000,000 on July 15, but
rose to $717,000,000 on September 23. There was a gradual increase,
however, in investments in bonds and other securities, beginning with
$705,000,000 on December 3, increasing to $714,000,000 on February
14, to $735,000,000 on May 14, to $765,000,000 on July 15, and to
$799,000,000 on September 23.
Between August and December, 1907, the stock of gold, silver, and
legal tenders decreased from $701,600,000 to $660,700,000, or a loss
of $40,900,000; but on February 14, 1908, the banks had accumulated
specie and currency to the amount of $788,395,576.26, increasing the
amount on May 14 to $861,326,450.78. Between the latter date and
July 15 there was a decrease of the stock of money by $12,000,000,
the holdings then amounting to $849,018,749.57; but by September
23 the holdings had increased to $868,424,070.14, the largest amount
of lawful inoney ever reported by the national banking associations as
being held in their tills and vaults.
The aggregate resources of the banks on December 3, 1907, were
$8,407,988,121.37, but between that date and February 14 following
there was a decline of approximately $ll,000#,000o On May 14, however, the resources had increased to $8,594,622,697.65, on July 15 to
$8,714,064,400.09, and on September 23 to $9,027,260,484.76.
Notwithstanding losses by failure and voluntary liquidation, there
was a steady increase in the amount of paid-in capital stock during
the year from $901,681,682 in December, 1907, to $921,463,172 on
September 23, 1908.
Deposits and other liabilities of national banks are safeguarded by
the shareholders' liability on capital stock paid in, in addition to the
assets. The surplus and other profits of the banks on December 3,
1907, were $750,172,910.07. By the payment of dividends at the
close of the year the combined surplus and profits were reduced on
February 14, 1908, to $742,925,574.78, but on May 14 they amounted
to $758,108,662.92. Between this date and the July call, as a result
of the midsummer dividend, the profit account was again encroached
upon, reducing the surplus profits of the banks to $748,701,599.65,
but by September 23 they had increased to $767,666,009.01.
There was an increase in outstanding circulating notes between
August and December, 1907, of $50,000,000, and between December
3, 1907, and February 14, 1908, there was a further increase from
$601,805,985 to $627,641,739. By May 14, however, the outstanding issues had declined to $614,088,723, and on Julyl5 to $613,663,963,
with practically no change between that date and September 23.
Approximately 50 per cent of the liabilities of national banks is
represented in the individual deposit account which, on December 3,
1907, amounted to $4,176,873,717.48. There was a decline in this



BEPOET OF THE COMPTROLLER OF THE CURRENCY.

5

account by February 14 following to $4,105,814,418.48, but an increase
to $4,312,656,789.59 on May 14, to $4,374,551,208.33 on July 15, and
to $4,548,135,165.83 on September 23. The liabilities of the banks
to the Government on account of public deposits amounted on December 3, 1907, to $223,117,082.61, and were only slightly reduced
(approximately $2,000,000) by February 14, 1908; but by May 14 the
withdrawals had amounted to approximately $50,000,000, when the
account stood at $170,700,222.87 and on July 15 at $118,576,923.89.
By September 23 these liabilities had declined to $114,378,386.73.
Clearing-house loan certificates did not appear in the reports of
banks until December 3, 1907, when the net credit balance was
stated at $74,461,026.61, and the net debit balance at $64,344,128.95.
On February 14, 1908, the net credit balance was $1,550,014.77 and
the net debit balance $5,508,315.80; and on May 14, 1908, the net
credit balance appeared as $108,368.60, and the net debit balance as
$1,265,821.08. Prior to the July report these certificates disappeared
from use.
DEPOSITS, RESERVE, AND LAWFUL MONEY IN BANK.

The deposit liabilities of national banks on which reserve was
required amounted on August 22, 1907, to $5,256,085,097.14, against
which reserve was held to the amount of $1,121,358,395.31, or 21.33
per cent. The actual amount of money held in vault by the banks
was $701,623,352.52, or 13J per cent of the deposit liabilities. Of the
total amount of lawful money held $502,050,777.75 was held by the
central and other reserve city banks, $218,786,132.14, approximately
one-third of the total holdings, being in the New York City reserve
banks. The New York banks7 average reserve was 26.81 per cent,
Chicago 25.34 per cent, and St. Louis 23.59 per cent, making the
average of the three cities 26.18 per cent. The percentage of reserve
in other reserve city banks varied from a minimum of 20.3 in Cedar
Rapids to a maximum of 34.37 in San Antonio, Tex. While the
aggregate reserve liabilities on December 3 had been reduced to
$4,906,684,057.73 the average reserve for the country was 21.31 per
cent, as against 21.33 in August; but the average held by the country
banks rose to 19.17, as against 16.88 in August. The withdrawals by
correspondents resulted in a reduction of the reserve held in New
York City to 21.89 from 26.81 per cent, in Chicago to 24.21 from 25.34
per cent, and St. Louis to 20.38 from 23.59 per cent, and the average
in the three central reserve cities to 22.20 from 26.18. The average
in other reserve cities showed but a fractional decline—that is, to
24.72 from 25.46. The average reserve in all central and other reserve
city banks declined to 23.51, as against 25.79 per cent in August.
lawful money held by the banks on December 3 had been reduced
to ^ 3 extent of $41,000,000, or to $660,784,736.64. This was approxL..CJ.V y the loss in lawful money sustained by the national banks in
Nevv York City alone. Deposit liabilities of the banks in New York
City had only been reduced from $825,703,785.04 in August to
$824,394,50^91 in December—less than a million and a half—but
the loans and discounts had been increased to the extent of
$63,060,149.



6

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The enormous increase in the circulating medium following the
acute stage of the panic is shown in the returns for February 14, 1908,
when the stock of specie and other lawful money had been increased
to the extent of approximately $128,000,000 and resulted in the holding of an average reserve by the national banks throughout the
country of 23.47 per cent, the reserve in the country banks having
increased to 18.75 per cent, all reserve in city banks to 27.98 per cent,
reserve city banks to 27.37 per cent, and central reserve city banks to
28.62 per cent. The New York City banks held an average reserve of
29 per cent. The lawful money in the New York banks on February
14 exceeded $257,000,000 or $81,000,000 more than on December 3.
The deposit liabilities of all banks on May 14 had risen to
$5,295,981,122.62, whereon an average reserve of 23.94 per cent
was held, the average rate in the country banks being 18.40 per cent,
reserve city banks 27.87 per cent, and central reserve city banks
29.70 per cent. New York City banks had increased their percentage
of reserve to 30.52. The average reserve of all banks on liabilities
amounting to $5,464,614,059.22 on July 15 was 23.19 per cent, and
the average reserve in the country banks had declined to 17.92 per
cent, reserve city banks to 27.44 per cent, central reserve city banks
to 27.85 per cent, and New York City banks to 28.37 per cent. In
every State the average reserve exceeded the required 15 per cent,
and there were but 8 reserve cities in which the average was less than
the legal requirement, viz, 25 per cent.
At date of the last report fdr the year, viz, September 23, 1908, the
deposits on which reserve was required had increased to
$5,695,509,031.06, when the average reserve held was 22.97 per cent.
The reserve city banks held on an average 26.84 per cent, or nearly
2 per cent in excess of the requirement, while the central reserve
city banks, with an average of 27.81 per cent, held nearly 3 per cent
more than required by law. Chicago and St. Louis banks were but
slightly above the legal requirement, but the New York average
was 28.65 per cent, exceeding the average on July 15, the date of the
next prior report.
CLASSIFICATION OF LOANS.

Abstracts of reports of condition of national banks state the
aggregate amount of loans and discounts held, and for this report a
compilation of the various classes of paper making up the aggregate
on September 23, 1908, has been made. Loans are classified as
follows: Demand paper with one or more individual or firm names;
demand paper secured by stocks, bonds, and other personal securities; time paper with two or more individual or firm names; time
single-name paper (one person or firm) without other security; time
paper secured by stocks, bonds, and personal securities including
mortgages and other real estate security.
Of the total loans, amounting to $4,750,612,730, demand paper,
with one or more individual or firm names, amounted to $395,892,695;
on demand, secured by stocks, etc., $922,701,718; on time, with
two or more individual or firm names, $1,582,391,359; time, singlename paper, $852,176,044, and time paper secured by stocks, etc.,
$997,450,914.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

The changes which have occurred in the amount and per cent of
each class of paper held by the banks on or about October 1, 1906,
1907, and 1908, are shown in the following table:
1907.

1906.

Class.
Amount.
On demand, paper with one or more
individual or firm 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

$374,689,245

Per
cent.

8.7

Amount.

$428,221,535

1908.
Per
cent.

9.2

Amount.

$395,892,695

Per
cent.

8.3

828,016,734

19.3

832,878,479

17.8

922,701,718

19.4

1,502,034,898

35.0

1,648,751,438

35.2

1,582,391,359

33.3

776,125,101

18.0

899,494,658

19.2

852,176,044

17.9

818,117,338
4,298,983,316

19.0

869,237,859
4,678,583,969

18.6

997,450,914
4,750,612,730

21.1

Nearly one-fifth of the aggregate volume of loans of all national
banks were made by 37 associations located in the city of New York,
the amount being $905,653,475, classified as follows: Demand paper,
with one or more individual or firm names, $6,800,529; demand paper
secured by stocks, etc., $374,548,964; time paper, with two or more,
names, $146,194,094; time single name paper, $132,737,553, and time
aper secured by stocks, etc., $245,372,335. The loans of the 59
anks in the central reserve cities (New York, Chicago, and St Louis)
exceeded 26 per cent of the aggregate in all banks, the amount being
$1,242,980,123, of the following character and amounts: Demand
paper, with one or more names, $31,699,847; demand paper secured
by stocks, etc., $432,094,695; time paper, with two or more names,
$260,311,174; time single-name paper, $203,608,591; time paper
secured by stocks, bonds, etc., $315,265,816. The 312 banks in the
43 other reserve cities held loans to the extent of over one-fourth of
the aggregate in all banks, $1,231,756,966; and the 371 banks in the
central and other reserve cities held $2,474,737,089, or slightly in
excess of 52 per cent of the aggregate. This total is classified as follows: Demand paper, single name, $161,985,800; demand paper
secured by stocks, etc., $703,762,010; time paper, with two or more
names, $613,675,155; time single-name paper, $448,856,139; time
paper secured by stocks, etc., $546,457,985. This leaves approximately 48 per cent of the banks' loans with associations located in the
States exclusive of reserve cities. Of the $2,275,875,641 held by the
so-called country banks, $233,906,895 is classed as demand paper
with one or more names; $218,939,708 demand paper secured by
stocks, etc.; $968,716,204 time paper with two or more names;
$403,319,905 time single-name paper, and $450,992,929 time paper
secured by stocks, etc.

E




8

REPOKT OF THE COMPTROLLER OF THE CURRENCY.

The amount and relative proportion of loans in the national banks
in New York, in the three central reserve cities, in other reserve
cities, and in banks located elsewhere on September 23, 1908, August
22, 1907, and September 4, 1906, are shown in the following table:
September 23, 1908.
Banks i n -

August 22, 1907.

September 4, 19C6.

Loans.

Loans.

Loans.

Amount.
$905,653,475

New York
New York
Chicago
St. Louis
Other reserve cities

Per
cent.

Amount.

Per
cent.

Per
cent.

Amount.

15.2

$702,051,037

22.7

1,016,793,343

23.6

25.93

1,242,440,028

26.6

1,161,984,189

27.0

2,474,737,089
2,275,875,641

52.09
47.91

2,303,652,443
2,374,931,526

49.2
50.8

2,178,777,532
2,120,205,784

50.7
49.3

4,750,612,730 100.00

Total

$712,121,059
1,061,212,415

1,231,756,966

All reserve cities
Country

19.06

1 1,242,980,123 26.16

16.3

4,678,583,969

4,298,983,316

Approximately one-fifth of the loans of all national banks being
made by associations located in the city of New York, the following
statement will be found of interest as showing the amount and
character of such loans on comparable dates from 1903 to 1908,
inclusive:
Sept. 9,1903. Sept. 6,1904. Aug. 25,1905 Sept. 4,1906. Aug. 22,1907. Sept. 23,1908.
Loans and discounts.
On demand, paper with one
or more individual or firm
names
On d e m a n d ,
s e c u r e d by
stocks, bonds,
and other personal securities..
On tune, paper
with two or
more individual or firm
names
On time, singlename p aper
(one person or
firm), without
other security...
On t i m e , s e cured
by
stocks, bonds,
and other pers o n a 1 securit i e s , o r on
real-estate
mortgages
or
other liens on
realty
Total

43 banks.

41 banks.

42 banks.

40 banks.

38 banks.

37 banks.

$10,311,371

$7,505,476

$11,393,926

$10,676,198 $16,254,018.22

$6,800,529

281,438,758

392,180,054

385,652,014

292,251,532 251,867,157.84

374,548,964

136,021,466

149,071,875

135,669,910

137,991,340 161,108,403.21

146,194,094

93,384,112

112,341,884

115,961,886

111,172,734 130,477,323.47

132,737,553

110,410,117

146,165, 413

156,987,276

149,959,233 152,414,155. 99

245,372,335

631,565,824

807,264,702

805,665,012

702,051,037 712,121,058. 73

905,053,475




9

KEPOKT OF THE COMPTROLLER OF THE CURRENCY.

For the purpose of comparison the following table is submitted,
showing the amount and classification of loans of all national banks
on approximate dates during the past nine years:

Date.

Sept. 5 1900.
Sept. 30,1901,
Sept. 15,1902
Sept. 9, 1903..
Sept. 6, 1904..
Aug. 25, 1905.
Sept. 4, 1906..
Aug. 22,1907.
Sept. 23, 1908.

On demand, paNum- per with
one or
ber of
banks. more individual or
firm names.

3,871
4,221
4,601
5,042
5,412
5,757
6,137
6,544
6,853

Millions.
183.3
211.6
237.3
283.1
279.8
320.1
374.7
428.2
395.9

On time,
On demand, se- On time,
singlecured by paper with name paper
stocks,
two or (one person
bonds, and more indi- or firm),
other per- vidual or
without
sonal secu- firm names. other securites.
rity.

Millions.
576.6
665.7
706.9
717.3
818.9
854.1
828.0
832.9
922.7

Millions.
978.3
1,087.0
1,176.4
1,267.5
1,316.7
1,382.2
1,502.0
1,648.7
1,582.4

On time,
secured by

stocks,
bonds, and
other personal securites, or on
mortgages
or other
real-estate
security.

Total.

Millions.
526.8
586.1
642.4
655.4
699.7
753.0
818.1
869.2
997.5

Millions.
421.8
468.2
517.1
558.1
611.0
689.1
776.1
899.5
852.1

Millions.
2,686.8
3,018.6
3,280.1
3,481.4
3,726.2
3,998.5
4,299.0
4,678.5
4,750.6

Loans and discounts, United States bonds, and lawful money
represent approximately 70 per cent of the aggregate resources of
national banks and a like proportion of liabilities is represented by
capital, surplus and profits, and individual deposits. The relation
of these items has changed but slightly during the past nine years,
as will be observed by reference to the accompanying table:
Items.

1900.

1901.

1902.

1903.

1904.

1906.

1905.

1907.

1908.

Per ct. Per ct. Per ct. Per ct. Per ct. Per ct. Per ct. Per ct. Per ct.
53.4
53.7
53.0
53.2
53.9
54.0
52.6
55.2
55.8
7.9
7.4
8.6
8.1
7.5
7.8
79
7.8
7.9
7.2
7.9
8.9
8.4
8.3
9.5
8.8
10.3
9.6

Loans and discounts
United States bonds
Lawful money
Total

71.6

70.3

69.5

72.6

68.5

70.2

69.3

72.0

70.1

12.5
7.7
49.7

11.5
7.6
51.6

11.5
8.1
52.5

11.9
8.8
50.0

11.0
9.8
49.6

10.7
8.3
51.1

10.4
8.4
52.4

10.7
8.8
51.5

10.2
8.5
50.4

69.9

Capital..
Surplus and profits.
Individual deposits
Total

70.7

72.1

70.7

70.4

70.1

71.2

70.9

69.1

In connection with the foregoing the following table is of interest
as showing the relative proportion and principal items of resources
and liabilities, capital stock, etc., in the dates indicated:
RATIO OP CAPITAL, ETC., TO INDIVIDUAL DEPOSITS, ETC., OP NATIONAL BANKS ON
OK ABOUT OCTOBER 1, 1897, 1907, AND 1908.

Items.
Capital to individual deposits
Capital to loans
Capital to aggregate resources
Capital and surplus and other profits to individual
deposits
Specie and legal tenders to individual deposits




1897.

1907.

$1. 00 to $2. 93 $1. 00 to $4. 82
1.00 to 3.25
1.00 to 5.22
1.00 to 5.87
1.00 to 9.36
1.00 to 1.92
1.00 to 5.35

1.00 to 2.65
1.00 to 6.16

1908.
SI. 00 to $4. 94
1.00 to 5.16
1.00 to 9.80
1.00 to 2.69
1.00 to 5.24

10

REPORT OF THE COMPTROLLER OF THE CURRENCY.

Through the courtesy of the William B. Dana Company, publishers
of the New York Commercial and Financial Chronicle, there is submitted herewith information in relation to the range and average
monthly rates, during the past year, for money in the New York
market.
RANGE AND AVERAGE

RATES FOR MONEY IN THE NEW YORK MARKET, YEAR
ENDED OCTOBER 31, 1908.
1907.

Character of loans.
Call loans:
Stock exchangeRange
Average
Banks and trust companies..
Time loans:
30 days
60 days
90 days
4 months
5 months
6 months
7 months
Commercial paper:
Double n a m e s Choice, 60 to 90 days..
Single n a m e s Prime, 4 to 6 months.
Good, 4 to 6 months. -

1908.

November. December.

to 25
12

2 to 25
14

January.

February.

I*to2j
a 1 £ to 42

6 1J to 2

March.

If to 2J
2
6 If to 2

15 to 18
8 to 12
8 to 12
7 to 8
7
6 to 8
6 to 7

3 to 4
3 to 6^
3 to 6
4£ to 6
6
4£to6

3£ to 4 |
4 t0 4
P
4J to 4
4£ to 5

8nom.

5 | to 7§

4J to 5£;

5|to6

7 to 8

8nom.

5i to V

5 to 6 I
!

to 2

3J
3 to 3 |
3£to4
3|t<>4
4 to4J
4 to4£

7 to 8

April.

12 to 15
12 to 15

6 tol\

4 to 5J
4 to 5*
4£ to 6

1908.
Character of loans.
Call loans:
Stock exchangeRange
Average
Banks and trust companies..
Time loans:
30 days
60 days
90 days
4 months
5 months
6 months
7 months
8 months
Commercial paper:
Double namesChoice, 60 to 90 days..
Single namesPrime, 4 to 6 months.
Good, 4 to 6 months..
Minimum.

May.

June.

1 to 2

1 to

" I to 1

July.

1 to

2 to
2* to
2$ to
3 to
3Jto
3Jto
4Jto
4 t

21
2f
3
3i
4
4
4
4

I to 11
aftOl
1
2 to 2

If to \
2 to 2\
2|to 3:
2|tO 3:
3;
3fto 4;

3fto 4}

3Jto 4

3fto
4 to

4 to 4J
4^to 5

August.

3 to3J

3Jto4
3|to4

3§to4
4 to 5

1 to 2

to 2

tol|

1

2 to 3
2| to 3i
3 to3l
3| to 3i

to4
to4

al

3 to 4
3 to n
4 to5

September.} October.

i

4 to4J

to 4i|
t5 i

4 to 5

6 Lower rate here given was at banks only.

STATE BONDS, ETC., OWNED BY NATIONAL BANKS, ON JULY 15, 1908,
AVAILABLE AS SECURITY FOR ADDITIONAL CIRCULATION UNDER THE
ACT OF MAY 30, 1908.

Section 1 of the act authorizing the formation of national currencyassociations provides that any national bank with unimpaired
capital and a surplus of not less than 20 per cent, and having circulation secured by United States bonds to the extent of 40 per cent
of its capital stock, may deposit with and transfer to a national
currency association in trust for the United States any securities,
including commercial paper, such as shall be satisfactory to the association, on which the depositing bank shall be entitled to additional




11

REPORT OF THE COMPTROLLER OF THE CURRENCY.

circulation to an amount not exceeding 75 per cent of the cash value
of the securities deposited, but upon the security of state, municipal,
etc., bonds, circulation to the extent of 90 per cent may be issued.
Circulation issued on the security of commercial paper is limited to
30 per cent of the maximum; that is, an amount not exceeding 30 per
cent of the bank's capital and surplus. Banks with capital, surplus,
and United States bond-secured circulation to the extent indicated
may apply directly to the Comptroller, when conditions warrant, for
permission to issue additional circulation on the security of state,
municipal, etc., bonds and, with the approval of the Secretary of the
Treasury, secure circulation within the limitation specified to the
extent of 90 per cent of the bonds deposited.
On July 15, 1908, the banks held state bonds and other securities
to the amount of $765,875,219.95, classified as follows: State, city,
etc., bonds, $105,144,006.12; railroad and other corporation bonds,
$507,425,613.60; miscellaneous bonds unclassified, $17,289,891.72;
judgments, claims, etc., $136,015,708.51.
It will be noted that the bonds, etc., in question are ample in
amount to provide security for additional circulation to the limit
authorized by the act of May, 1908; that is, approximately, $95,000,000
(90 per cent) on state, city, etc., bonds, and $495,500,000 (75 per cent)
on the remaining securities.
As will be observed by reference to the following table, the country
banks—that is, those not located in reserve cities—own nearly 70 per
cent of the state, municipal, etc., bonds; over 48 per cent of railroad
and other corporation bonds; and over 53 per cent of the combined
investments of this character:
AMOUNT AND CHARACTER OF STATE BONDS, ETC., OWNED BY NATIONAL
AS SHOWN BY THE REPORTS OF DATE JULY 15, 1908.

Location.

State, city,
town, county, municipal, or district bonds.

Railroad and
other corporation bonds.

All other
bonds not
classified.

Judgments,
claims, etc.

BANKS,

Total.

CENTRAL RESERVE CITIES.

New York City.
Chicago
St. Louis
Total

$9,082,848.06 $118,229,551.92 $2,926,034,02 $29,239,872.04 $159,478,306.04
12,961,259.95 I 492,260.88 9,674,665.85 | 25,726,340.20
2,598.153.52
4,922,704.63
849,205.35 ! 6,101,092.97
329,182.99
! 12,010,184. 57 136,113,516.50 I 3,418,294.90

39,763,743.24 I 191,305,739.21

OTHER RESERVE CITIES.

Boston
Albany
Brooklyn
Philadelphia.
Pittsburg
Baltimore
Washington..
Savannah
New Orleans.
Louisville
Dallas
Fort Worth..
Galveston
Houston
San Antonio.,
Waco
Cincinnati
Cleveland
Columbus
Indianapolis..
Detroit




262,226. 80 6,421,219.33
521,203.00 3,828,973.57
100,000.00 2,399,704. 84
2,090,404.27 32,042,307.36
1,035,572.16 23,557,837.37
1,511,632.08 4,569,149.89
22,350.00 1,624,375.61
481, 697.50
60,072.49
105,000.00
50,000.00
13,256.97
119,757.08
4,950, 517.33
600, 751.96
1,523, 924.35
1,691, 994.51
313, 077.06

637,336.49
1,908,801.11
30,225.00
6,000.00
12,155. 00
33,812.50
264,000.00
1,000.00
6,522,144.10
2,989,946.40
786,525.50
2,428,741.38
1,433,103.46

9,400.00
21,000.00
739,856.61
169,960.00

37,100.00
250,813.76

58,399.33
140,560.77
57,905.20
361,397.76

1,870,445.90
381,312.23
424,873.03
560,655. 48
103,400. 44
1,059,281.26
46,443. 59
32,770.00
1,157,060.00
246,368.55
13,675.06
15,454.00
88,690.02
28,679. 21
6,194. 52
271,005.24
501,753.19
414,201.65
562,410.50
327,299.20

8,563, 292.03
4,731,
2,945, 577.87
35,433, 223.72
24,866, 769.97
7,140, 063.23
1,693, 169.20
32, 770.00
2,313, 193.99
2,466, 055.91
135, 225.00
69, 575.06
27, 609.00
135, 759.49
412, 436.29
7, 194. 52
11,802, 066.00
4,233, 012.32
2,782, 556.70
5,044, 544.15
2,073, 479.72

12

REPOBT OF THE COMPTROLLER OF THE CURRENCY.

AMOUNT AND CHARACTER OF STATE BONDS, ETC., OWNED BY NATIONAL BANKS,
AS SHOWN BY THE REPORTS OF DATE JULY 15, 1908—Continued.

Location.

State, city,
town, coun- Railroad and
ty, munici- o her corpopal, or dis- ration bonds.
trict bonds.

All other
bonds not
classified.

Judgments,
claims, etc.

Total.

OTHER RESERVE CITIES—

continued.
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans.
Topeka
Wichita
Kansas City, Mo...
St. Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland
Seattle
Spokane
Tacoma

$374,788. 75 $3,564,215.32
12,267. 33
397,308.58
19,490.73
41,500.00
53, 000.00
57,000.00
1,095, 327. 88
91,540.00 2,172,706.28
349,250. 80
201, 340.00
94, 600.00
100, 687. 50
248, 937.31
467, 003.33 3,581, 301. 45
296, 330.00
69, 100. 00
56, 000.00
20, 982.50
327, 900.00
1,348, 669. 36
319, 261.58 7,764, 135.21
765, 363.61
1,312, 357. 46
1,300. 00
573, 113. 65
611.27
1,596, 065.
1
5,906, 521.73
1,176, 296.21
2,088, 871.25
428,243.80
1,271, 149.13
25, 601.40
438, 233.61
5,399.93
325, 388. 50
178, 710.95

$69,259.65
38,575.10
424,445.11
172,502.50
100.00
9,000.00
4,000.00
18,800. 00
3,000.00
30,578.50
8,945. 84
64,366.21
22,083. 52
337,589.70
9, 450.00
74,350.00
45,000.00

$639,507.05

$4,647, 770.77
448, 151.01

3,617.60
447, 553.44
4,160.00
271, 162.50
15,523. 53
1,167, 951.41
16,172.00
2,289, 418.28
250,468.47
805, 059.27
119,433.83
214, 033.83
22,565. 00
390, 989. 81
482,704.45
4,534, 009.23
23,297.57
388, 727. 57
2, 455. 39
79, 437. 89
26,250.48
1,733, 398.34
3,830,155. 09 11,922, 497.72
518,536. 85 2,660, 624.13
635,649. 31
1,232, 146. 48
15,940. 85
3,520, 618.11
346,784. 71
7,767, 192. 35
28,040. 47 2,554, 605.52
391,598.02
1,762, 698. 55
231, 757. 84
720, 391.38
14,860.39
518, 959. 84

Total

22,291,689.28 125,784,979.59

3,178,439.56

15,731,458. 97 166,986,567.40

T o t a l all reserve
cities

34,301,873.85 261,898,496.09

6,596,734. 46

55,495,202.21 358,292,306.61

STATE, ETC.

Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut

572,233.43
499,040. 55
1,137,863. 78
692,628.75
79,160. 00
607,140.36

6,662,895.16
2, 844,658. 97
2,945,844. 51
18,263,476.19
3,892,179. 89
14,012. 404. 40

3,588,066. 87

48,621,459.12

4,717,270. 76
3,961,630. 69
6,556,901.57
85,331.25
1,194,686.85

1,295,834.90
30,994,293.38
82,228,858.66
2,275,570.70
6,781,763.41
311,190.00

Total Eastern States.... 16,515,821.12 123,887,511.05

6,913,517. 08

57,615,757. 09 204,932,606. 34

Total New England
States
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

1,782,853.57
168,856.71
396,991.00
787,141.79
237,853.09
904,253.93
1,800,502.83
617,095.42
199,873.49
1,373,013.07
40,594.44
975,170.15
1,181,589.63

3,147,169.60
3,040,235.17
317,034.83
633,016.80
154,815.38
198,036.25
825,098.23
210,058.79
117,124.36
1,033,101.29
94,629.16
1,030,273.88
510,152.18

Total Southern States.. i 10,465,789.12
Ohio
Indiana.
Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa
Missouri
Total Middle Western
States




213,238.77
1,375, 459.26
318,570.16
2,950,088. 95
31,636. 86
484,687.84

7,601,139.32
4,811,409.08
4,506,399. 61
22,347,896. 60
4,079,041.64
15,265,298.60

1,027,977.74

5,373,681.84

58,611,185.57

3,998,822.44
380,505. 93
2,417,852. 99
31,332. 68
85,003.04

53,015,764. 95
412,666. 88
3,719,480.26
134,382.15
309,096.85
24,366.00

63,027,693.05
35,749,096.88
94,923,093.48
2,526,616. 78
8,370,550.15
335,556.00

152,771. 94
92,251.04
104,121.16
441,702.71
76,064.89
161,066.00

17,244.00
2,000.00
23,030.00
323,974.46

111,267.63
312,084.03
54,637.91
172,233.69
447,941.00
406,982.44
248,702.62
74,494.74
221,322.79
309,177.93
75,713.42
234,757.38
471,474.39

5,114! 419.05
3,521, 675.91
769, 054.97
1,593, 447.49
840! 659.47
1,516! ,822.62
2,874;,303.68
901, 648.95
538! 320.64
2,732!,536.29
212! ,937.02
2,263! 231.41
2,487!,190.66

73,128.25
500.00
391.23
1,055.21
50o00
7,550.00

11,310,745.92

448,923.15

3,140,789.97

25,366,248.16

] 11,246,354.70
4,620,549.88
4,873,674.62
2,445,493.48
2,927,999.16
873,705.29
975,167.40
691,016.47

11,501,001.03
5,267,063.51
15,066,438.88
4,459,710.68
8,431,742.32
1,216,082.38
2,299,437.66
1,176,744.42

318,822.08
296,147.43
649,299.90
56,143.61
124,017.88
31,403.00
246,993.79
44,996.00

763,479.61
262,310.03
1,359,516.55
457,618.83
492,656.25
868,857.26
1,474,979.59
154,208.63

23,829,657.42
10,446,070.85
21,948,929.95
7,418,966.60
11,976,415.61
2,990', 047.93
4,996,578.44
2,066,965.52

28,653,961.00

49,418,220.88

1,767,823.69

5,833,626.75

85,673,632.32

REPORT OF THE COMPTROLLER OP THE CURRENCY.

13

AMOUNT AND CHARACTER OP STATE BONDS, ETC., OWNED BY NATIONAL BANKS,
AS SHOWN BY THE REPORTS OF DATE JULY 15, 1908—Continued.
State, city,
town county, municipal, or district bonds.

Location.

Railroad and
other corporation bonds.

All other
bonds not
classified.

Judgments,
claims, etc.

Total.

STATE, ETC.—continued.

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States..

$91,522.14
383,383.20
351,769. 47
1,334,320.48
217,998. 80
154,092.13
1,684,953. 69
69,570.10
535,873.92

$73,759.18
227,974. 52
233,115.19
1,076,108. 51
38,290.00
189,291.79
2,618,403.75
187,372. 50
222,607.05

$34,419.28
33,186.00
48,261. 62
32,000.00
11,317.39
218,163.23
12,712.00

$454,904.26
428,584. 41
205,522.33
521,627.32
900,731. 50
73,268.86
1,093,053.27
174,616. 83
1,508,957.41

$620,185. 58
1,074,361. 41
823,592. 99
2,980,317.93
1,189,020.30
427,970.17
5,614,573.94
444,271. 43
2,267,438.38

4,823,483. 93

4,866,922. 49

390,059. 52

5,361,266.19

15, 441,732.13

Washington
Oregon
California
Idaho
Utah . .
Nevada
Arizona
Alaska o

392,880. 80
538,941. 47
4,734,394.84
314,438. 82
262,057.18
241,434. 50
295,041.37
5,558. 75

546,004. 37
1,201,316.33
4, 795,189.87
233,303.07
162,173. 05
162,227.50
104,976.67

1,233,921.22
453,080.30
490,404. 67
510,812. 57
201,585. 80
33,806.65
224,117.87
34,955.38

2,172,806.39
2,193,338.10
10,094,857.31
1,058,554.46
625,816.03
498,369.30
633,223.41
40,514.13

6,784,747,73

7,205,190.86

3,182,684,46

17,317,479.13

10,262.50

84,310.94
132,756.25

12,700.00

97,010.94
143,018.75

10,262. 50

217,067.19

12,700. 00

240,029.69

Total Pacific States
Hawaii &
Porto Rico
Total island possessions.

74,867. 93
60,900. 65
9,087. 50
144,856.08

70,842,132.27 245,527,117. 51 10,693,157. 26 80,520,506. 30 407,582,913.34

Total States, etc

Total United States
105,144,006.12 507,425,613.60 17,289,891.72 136,015,708.51 765,875,219.95
(6,824 banks)
a Call of May 14, 1908.

CAPITAL STOCK OF NATIONAL BANKS.

The authorized capital stock of the national banks on October 31,
1907, amounted to $909,274,775, since which date there has been an
addition of $22,823,000 from banks organized during the year and
$16,080,000 from increases of capital of preexisting banks. The
losses were as follows: By voluntary liquidation, $11,040,000; by
expiration of charters, $1,375,000; by failures, $6,560,000; by
reductions of capitalization of old banks, $1,172,500. These changes
show an apparent increase of capital during the year of $21,090,500,
but this amount includes the capital of a number of associations
closed voluntarily or otherwise, the stock accounts of which have
not been closed on the books of this office, the amount so represented
being $2,035,000.
A record is maintained of the number and capital of banks in the
system, classified according to the capital stock. Of the smallest
class, those with capital of $25,000, 1,826 are in operation, their
capital being $45,575,000, and while the number is over one-fourth
of the total number of banks in the system, the proportion of their
capital is but 4.9 per cent. There are 2,116 banks with capital
exceeding $25,000 but not exceeding $50,000, the aggregate capital
being $100,823,000. The largest proportion of the banks are in
this class, viz, 30.79 per cent, but their capitalization equals only



14

REPORT OF THE COMPTROLLER OF THE CURRENCY.

10.83 per cent of the aggregate. There are 1,623 banks with capital
exceeding $50,000 but not exceeding $100,000, their total capital
being $151,524,320, the number of banks and percentage of capital
in this class being 23.63 and 16.29 per cent, respectively. Banks
with capital in excess of $100,000 but not in excess of $250,000 have
an aggregate capital of $140,828,335. The number of banks in this
class is 757, or 11 per cent of the total, and their capitalization is
equivalent to 15.14 per cent of the aggregate. The largest amount
of capital, viz, $249,283,920, or 26.79 per cent of the total, is that
of 476 banks, representing but 6.93 per cent of the number in the
system, the amount of individual capital ranging from over $250,000
to $1,000,000, inclusive. There are but 69 banks with capital of
over $1,000,000 and not in excess of $5,000,000, representing but 1
per cent of the total number of banks and but 17.45 per cent of the
capitalization, the capital of this class of banks being $162,330,700.
Six banks in the system have capital in excess of $5,000,000, the
aggregate being $80,000,000, which is 8.6 per cent of the capitalization
of all national banks. The foregoing is summarized in the following table:
Capital, classified.

Per cent.

Capital.

Per cent.

!

1,826
2,116
1,623
757
476
69
6

26.56
30.79
23.63
11.00
6.93
1.00
.09

$45,575,000
100,823,000
151,524,320
140,828,335
249,283,920
162,330,700
80,000,000

4.90
10.83
16.29
15.14
26.79
17V45
8.60

;

$25,000 capital
Over $25,000 to $50,000, inclusive
Over $50,000 to $100,000, inclusive
Over $100,000 to $250,000, inclusive
Over $250,000 to $1,000,000, inclusive
Over $1,000,000 to $5,000,000, inclusive
Over $5,000,000
Total

Number
| of banks.

6,873

100. 00

930,365,275

100. 00

UNITED STATES BONDS, ETC.

Under the law every national banking association is required to
deposit with the Treasurer of the United States in trust as security
for circulation, interest-bearing registered bonds of the United States
to the extent of one-fourth of the capital stock where the latter does
not exceed $150,000, and $50,000 where the capitalization is in excess
of $150,000. The interest-bearing bonded debt of the United States
on October 31, 1908, was $897,253,990, of which $632,624,850 was
represented in the bonds deposited by national banks as security for
circulation, and $78,545,100 deposited with the department to secure
public moneys. The changes which have occurred since October 31,
1907, in the bonded debt, and the amount and character of bonds
deposited as security for circulation and public deposits, are shown
in the following table:




15

EEPOBT OP THE COMPTBOLLEB, OP THE CUBBENCY.

BONDED D E B T OP THE UNITED STATES, AND BONDS ON DEPOSIT TO SECURE CIRCULATING NOTES AND GOVERNMENT DEPOSITS AT THE CLOSE OP BUSINESS ON
OCTOBER 31, 1908 AND 1907.

Bonded debt.
Class of securities.
1908.

1907.

Bonds deposited to secure circulation.
1908.

1907.

Bonds deposited to secure goverment deposits.
1908.

1907.

2 per cent of 1916-1936 (Pana$54,631,980 $30,000,000 $38,558,680 $17,245,380 $14,811,000 $12,427,800
ma's)
646,250,150 646,250,150 554,700,700 532,543, 550 47,066,950
65,996,550
2 per cent consols of 1930
63,945,460 63,945,460 10,468,520
6, 473,080
9, 401,900
8,641,700
3 per cent loan of 1908-1918
5,828,150
4 D6r C6nt IOBID. of 1907
H8,489,900 118, 489, 900 14,960,450 10,732,900
6,625,750
7,265,250
4 per cent loan of 1925
3 per cent certificates of in13,936,500
13,930,500
3.65 per cent of District of Co2,441,000
1,274,000
lumbia 1924s
8, 461,000
8, 989,000
Philippine loan
1,833,000
2,017,000
Territory of Hawaii
46,787,710 142,889,822
State city and railroad
736,000
780,000
Porto Rico 4s
897,253,990 864,513,660 632,624,850 566,994,910 138,803,810

Total

32,740,330+

Increase or decrease

65,629,940+

249,641,622

110,837,812—

The monthly fluctuations, occurring during the year, in the amount
of capital stock of national banks, bonds on deposit to secure
circulation, and outstanding circulation secured by bonds and by
lawful money, together with the average monthly price of 2 per cent
consols, are shown in the following table:
MONTHLY STATEMENT OP CAPITAL, BONDS ON DEPOSIT TO SECURE CIRCULATION,
AND CIRCULATION OUTSTANDING.

Date.

Number of
banks.

Capital.

Bonds on
deposit.

1907.
November 30.
December 31.

6,655 $910,609,775 $618,394,610
6,675 912,369,775 646,783,000

1908.
January 31
February 29..
March 31
April 30
May 31
June 30
July 31
August 31
September 30.
October 3 1 . . . .

6,699
6,733
6,764
6,787
6,810
6,827
6,855
6,870
6,874
6,873

916,617,775
917,569,775
920,364,775
923,577,775
925,697,775
930,542,775
933,085,275
934,735,275
933,255,275
930,365,275

646,828,870
636,426,660
632,422,570
628,839,430
629,031,160
628,147,130
629,432,420
631,607,490
632,871,890
632,624,850

Average Circulation secured b y monthly
Total circuprice of
lation outLawful
2 percent
Bonds.
standing.
money.
consols.

106.3750 $610,156,008 $46,062,188 $656,218,196
105.1700 643,459,899 46,670,996 690,130,895
104.5817
104.3886
104.5385
104.0000
104.0950
104.4808
103.9399
103.9904
104.0625
104.0000

641,919,664
632,458,712
628,834,336
625,425,375
624,714,147
623,250,517
625,360,982
625,986,993
626,972,885
626,779,350

53,483,098
63,215,807
67,573,019
72,220,323
73,735,370
75,083,400
66,728,009
59,339,115
48,639,442
39,065,637

695,402,762
695,674,519
696,407,355
697,645,698
698,449,517
698,333,917
692,088,991
685,326,108
675,612,327
665,844,987

NATIONAL BANK CIRCULATION.

From the date of the first issue of national bank circulation,
December 21, 1863, to October 31, 1908, notes were issued to the
amount of $4,172,614,945, oi which $3,506,769,958 have been
redeemed, leaving outstanding $665,844,987. In the year just
closed the issues amounted to $367,017,740, an amount exceeding
by $130,898,000 the sum issued during the year ended October 31,



16

REPORT OF THE COMPTROLLER OF THE CURRENCY.

1907. The records of the office show that there are still outstanding
notes issued by national gold banks to the amount of $74,779 out of
a total issue of notes of that class of $3,465,240. The act of July 12,
1870, authorized the organization of national banks for the purpose
of issuing notes payable in gold. Only ten banks were organized
under authority of this act, all of which were closed or converted into
currency banks under authority of the act of February 14, 1880.
Circulating notes of national banks are now issued in denominations
of $5, $10, $20, $50, and $100; and the amount of JlO's outstanding
is $281,832,280; of $20's, $195,249,940; of $5's, $131,161,385; of
JlOO's, $39,327,200; and of $50's, $17,533,050. The issue of notes of
the denominations of $1 and $2 was suspended in 1879, but there
are still outstanding $343,875 in $l's and $164,470 in $2's. There
are still outstanding notes to the amount of $90,000 of the denomination of $500, and $24,000 of the denomination of $1,000.
The amount and changes in denominations of notes outstanding
on October 31, 1906, 1907, and 1908, as compared with the outstanding issues on March 14, 1900, are shown in the table following:
Denominations.**
Ones
Twos
Fives
Tens
Twenties
Fifties
One hundreds
Five hundreds
One thousands
Unredeemed fractions
Total
Circulation secured by lawful money
Circulation secured by bonds

Mar. 14, 1900.

Oct. 31, 1906.

$348,275
$344,254. 00
167,466
164,710. 00
79,310,710
91,158,440. 00
7 > 378 160 244,855,220.00
9
58,770,660 184,777.440.00
11,784,150
19,597,050.00
24,103,400
42,044,100. 00
104,000
91,500.00
27,000
24,000. 00
32,409
40,086. 50

Oct. 31, 1907.

Oct. 31, 1908.

$344, 248.00
164, 708.00
120,274 210.00
249,946 530. 00
183,416 620.00
17,387, 000.00
38,215, 100. 00
91, 000. 00
24 000.00
42, 025. 50

$343,875.00
164,470.00
131,161, 385. 00
281,832,280.00
195,249,940.00
17,533,050.00
39,327,200. 00
90,000. 00
24,000. 00
44,008. 00

254,026,230

583,096,800.50

609,905,441. 50

665,770,208. 00

38,004,155
216,022,075

46,163,630. 50
536,933,169.50

47,252,852.00
562,727,614.00

39,065,637.50
626,779,350. 00

a Gold notes not included.

In March, 1900, circulating notes outstanding based on bonds
deposited with the Treasurer of the United States in trust represented 35 per cent of the maximum issuable, while on October 31,
1908, the amount issued was nearly 70 per cent of the maximum.
By referring to the accompanying table it will be noted that the
outstanding circulation of national banks at dates of the five periodical reports made during the year was greatest on February 14, 1908,
the amount being $627,600,000. The banks in the city of New .
York reduced their outstanding issues from $68,900,000 in February
to $55,400,000 on September 23, 1908. The outstanding issues of
all reserve city banks, however, also declined from a maximum of
$249,400,000 m February to $223,500,000 in September; but the
outstanding issues of the country banks have steadily increased during the year, rising from $364,800,000 on December 3, 1907, to
$390,200,000 on September 23, 1908. The changes which have
occurred in outstanding circulation of banks in the city of New York,
other reserve cities, and elsewhere are shown in the following table:




EEPOET OF THE COMPTROLLER OF THE CURRENCY.

Date.

New York,
Chicago,
and St.

Other
reserve
cities.

All reserve
cities.
!

Country.

Millions.
66.5

Millions.
98.3

Millions.
138.7

Millions.
237.0

Millions.
364.8

Millions.
601.8

68.9
59.4
57.1
55.4

100.6
85.8

148.8
146.2
142.7
141.1

249.4
232.0
226.5
223.5

378.2
382.1
387.1
390.2

627.6
614.1
613.6
613.7

New York.

Louis.

1907.
December 3

17

1908.
February 14
May 14
July 15
September 23

Total.

During the year ended October 31, 1908, national-bank circulating notes to the amount of $382,360,164 were received for redemption at the national bank redemption agency, of which
$64,706,000 being in good condition and fit for circulation, were
returned to the banks of issue, and $310,398,631 delivered to the
Comptroller of the Currency for destruction. The receipts by
months were as follows:
Month

Month.

Amount.

1907.

Amount.

1908.

November
December

$7,749,861
11,736,620
1908.

January
February
March
April

43,425,863
29,627,608
38,949,474
42,491,474

$43, 212,118
45, 121,039
38, 319,375
29, 442,768
24, 776,186
27, 507,778

May
June
July
August
September
October

382,360,164

Over 80 per cent of the notes received for redemption came from
the eight reserve cities hereinafter named, and over one-half the
total from New York alone, as will be seen by reference to the following table:
Amount.

City.

$222,291,620
32,318,676
21,692,440
21,252,000

New York. . . .
Chicago..
Boston
Philadelphia

City.
St. Louis
Cincinnati . .
Baltimore
New Orleans

Amount.
$16,214,000
8,127,000
7,602,500
5,182,000

The expenses incurred in the redemption of national-bank notes
during the year amounted to $270,840.21, or an average of $0.90366
per $1,000.
As heretofore stated, the amount of outstanding circulating notes
reached its lowest point between 1865 to date in 1891, when it
amounted to approximately $167,000,000, or about 10 per cent of
the stock of money in the United States. On June 30, 1907, the
percentage of national-bank circulation had increased to 19.38 per
cent and on June 30, 1908, to 20.67 per cent. About 90 per cent of
the bonds on deposit to secure national-bank circulation are United
States bonds bearing interest at the rate of 2 per cent. All notes
secured by bonds bearing this rate of interest are subject to a semiannual tax of one-fourth of 1 per cent. At the instance of this
office the government actuary has computed the profit on the issue
of national-bank circulation secured by 2 per cent bonds, based on
62280—CUR 1908



2

18

REPORT OF THE COMPTROLLER OF THE CURRENCY.

the average cost monthly during the year of bonds of that character.
In the computation money is rated at 6 per cent. The profit on
the issue of $100,000 circulation has varied from 0.884 per cent in
November, 1907, when the bonds were quoted at 106.126, to a maximum of 1.095 per cent in September, 1908, bonds then being quoted at
103.643. From the gross returns—that is, 2 per cent on the bonds
and 6 per cent on the circulation—the actuary deducts taxes, expenses
for redemption, and amount set aside as a sinking fund, and from the
net receipts so ascertained deducts interest at the rate of 6 per cent
on the amount invested in the bonds to determine the net profit.
EARNINGS AND DIVIDENDS OF NATIONAL BANKS.

In the six months ended January 1, 1908, the net earnings of
national banks were $65,088,793, from which dividends were paid
to the amount of $43,883,151, an average rate on the capitalization
of $886,631,425 of 4.95 per cent. From January 1 to July 1, 1908,
the net earnings were $66,246,493, dividends $53,453,131, an average rate 5.93 per cent. Consolidating the returns for the two semiannual periods on average capital and surplus of $893,932,010 and
$548,850,476, respectively, the gross earnings were $332,454,602;
losses, etc., charged off, $50,568,265, and expenses and taxes paid,
$150,551,049, leaving net earnings of $131,335,288. The aggregate
amount of dividends paid during the two periods was $97,336,282,
an average of 10.89 per cent. Based on combined capital and surplus, the average rate of dividends was 6.75 per cent. The dividend
rate for the past year is slightly in excess of 2 per cent of the annual
average from March 1, 1869, the date of the act requiring reports of
earnings and dividends to be made to the Comptroller, to July 1,
1908. The average capital of national banks for the thirt3^-nine
years covering returns in relation to earnings and dividends was
$586,345,749; the average surplus, $213,914,153; average net earnings, $68,305,837; average dividends, $51,857,060, the average rate
of dividends being 8.84 per cent.
EXPENSES OF NATIONAL BANKS.

The direct money receipts from national banks by the Government of the United States are represented by the taxes paid on capital
to June 1, 1883, and under the war-revenue act of 1898; on deposits
to June 1, 1883, and on circulating notes to June 30, 1908, exclusive
of interest paid on public deposits under the act of May 30, 1908.
In addition to the foregoing the banks have been assessed for the
cost of redemption of circulating notes, plates from which circulating
notes are printed, and examination fees. The taxes paid aggregate
$180,472,155.94. The expenses of the Currency Bureau, including
amount appropriated and all other expenses estimated, from 1863
to date, is stated at $22,884,557.46. This shows that the banks have
paid to the Government over and above the cost of the operation of
the Currency Bureau, $157,587,598.48. The expenses of the banks
for the cost of plates and redemption of notes from 1874 to date and
examiners' fees from 1882 aggregate $13,044,532.46. In the year
ended June 30, 1908, the expenses were as follows: Tax on circulation, $3,090,811.72; cost of redemption of notes, $270,840.21; cost
of plates, $58,475; and assessments for examiners7 fees, $429,397.75,
a total of $3,849,524.68.




EEPOET OF THE COMPTROLLER OF THE CURRENCY.

19

The expenses of the banks on account of the items mentioned and
for the periods indicated are shown in the following statement:
Tax
Tax
Tax
Tax

on
on
on
on

capital to June 1, 1883
capital under war-revenue act of 1898
deposits to June 1, 1883
circulation to June 30, 1908

Total
Cost of redemption of notes, 1874-1908
Assessment for cost of plates for new banks, 1882-1908
Assessment for cost of plates for extended banks, 1882-1908
Assessment for examiners' fees, 1882-1908

$7, 855, 887. 74
7, 048, 413. 00
60,940,067.16
104, 627, 788. 04
180,472,155. 94
5, 966, 449. 54
706, 635. 00
422, 620. 00
5, 948, 827. 92

^ ,te taxes and other expenses
193, 516, 688. 40
Expenses"of'the Currency Bureau, including amount appropriated,
and all other estimated
22, 884, 557.46
ORGANIZATION OF NATIONAL BANKS.

During the existence of the system national banking associations
to the number of 9,263 have been chartered, of which 6,873 are in
existence, 2,390 having been closed, of which 1,740 were placed in
voluntary liquidation, 174 closed by expiration of corporate existence, and 476 terminated by insolvency. The number of banks
chartered includes 1,437 banks, with capital of $315,200,928, which
were converted from state banks under authority of section 5154 of
the Revised Statutes.
Under authority of the act of March 14, 1900, and from that date
to October 31, 1908, 2,583 national banks were chartered with individual capital of less than $50,000, the average being approximately
$26,000 and the minimum $25,000. The aggregate capital of banks
organized under this act was $67,285,500. In the same period 1,416
associations were incorporated and authorized to do business under
the act of 1864, the capital of these banks being $50,000 or over,
and the aggregate $170,967,800. This shows that since 1900 a
total of 3,999 banks have been chartered, with authorized capital at
date of organization of $238,253,300. The banks chartered since
1900 exceed by 382 the number then in existence. During the past
eight years a record has been made of the number of banks coming
into the system as a result of conversion of state banks, reorganizations of state and private banks, and organizations anew. The number of conversions was 518, reorganizations 1,273, and primary organizations 2,208.
During the past twelve months 326 banks, with authorized capital
of $22,823,000, were chartered, of which 194, with capital of $4,973,000,
were organizations effected under the act of March 14, 1900, and 132,
with capital of $17,850,000, under the act of 1864.
The average number of banks organized monthly during the year
was but a fraction in excess of 27, against a monthly average of
approximately 40 between March 14, 1900, and October 31, 1907.
A list of the banks chartered during the year in each State and geographical division, chronologically arranged, will be found in the
appendix.
The number of national banks organized in each State and geographical division, classified by capital stock, between March 14,
1900, and October 31, 1908, together with paid-in capital, and number of banks reporting on September 23, 1908, is shown in the
following
 table:


SUMMARY, BY STATES, GEOGRAPHICAL DIVISIONS, AND CLASSES, OF NATIONAL BANKS ORGANIZED FROM MARCH 14, 1900, TO OCTOBER 31,
1908, AND THE PAID-IN CAPITAL STOCK OF ALL REPORTING NATIONAL BANKS ON SEPTEMBER 23, 1908.

Capital $25,000.

Capital over
$25,000 and less
than $50,000.

No.

No.

State, etc.

Maine
New Hampshire
Vermont
.
Massachusetts
Rhode Island
Connecticut

3
3
5
1

. . . .

1

$30,666

No.
6
2
1
15
1
4

Capital.
$335,000
200,000
100,000
4,000,000
500,000
200,000

No.
9
6
6
16
1
7

Capital.

National banks
in operation
Sept. 23,1908.
No.

Capital
paid in.

$410,000
305,000
225,000
4,025,000
500,000
275,000

77
57
51
198
22
80

$9,051,000
5,435,000
5,710,000
56,467,500
6,700,250
20,230,050

3

. .

Virginia
West Virginia

. . .

. . .

.

N o r t h Carolina
S o u t h Carolina
Georgia

. . . .

75,000
375,000

1

30,000

29

5,335,000

45

5,740,000

485

103,593,800

69
42
175
5
24

1,725,000
1,050,000
4,375,000
125,000
600,000

7
7
20
3
5

217,500
210,000
657,000
95,000
172,000

76
28
204

14,320,000
2,135,000
22,780,000

11
3

930,000
850,000

152
77
399
8
40
3

16,262,500
3,395,000
27,812,000
220,000
1,702,000
850,000

424
175
770
27
101
11

158,989,600
20,033,553
112,847,004
2,348,985
17,827,400
5,202,000

315

..

Total Eastern States

7,875,000

42

1,351,500

322

41,015,000

679

50,241,500 1,508

317,248,542

39
26
19
5

8
9
4

281,000
310,000
130,000

6
25
5
11
207
15
46
22

975,000
650,000
475,000
125,000
550,000
150,000
625,000
125,000
275,000
5,175,000
375,000
1,150,000
550,000

15
4
10
1
1
80

510,000
125,000
304,500
30,000
30,000
2,541,000

6
5

190,000
150,000

30
33
23
13
40
19
31
18
17
121
21
27
23

2,970,000
2,605,000
2,210,000
1,585,000
3,810,000
3, 450,000
2,625,000
1,765,000
3,210,000
11,200,000
1,770,000
4,445,000
2,310,000

77
68
46
18
77
29
66
24
29
408
36
79
50

4,226,000
3,565,000
2,815,000
1,710,000
4,870,000
3,725,000
3,554,500
1,920,000
3,515,000
18,916,000
2,145,000
5,785,000
3,010,000

448

11,200,000

143

4,601,500

416

93
77
133
8
33

2,325,000
1,925,000
3,325,000
200,000
825,000

16
15
15
2
4

568,000
483,000
518,500
65,000
125,000

80
57
71
22

99

Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

.
.

Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin

$75,000
75,000
125,000
25,000

Capital.

Total.

15

Total New England States
New York
New Jersey
Pennsylvania .
Delaware
Maryland
District of Columbia

Capital.

Capital $50,000
and over.

.




23

107
94
69
30
97
39
76
30
38
535
40
145
87

12,667,770
8,161,000
6,760,000
4,330,000
11,101,360
4,780,000
8,322,000
3,435,000
8,745,000
40,868,300
4,000,000
16,263,400
10,095,000

43,955,000 1,007

59,756,500 1,387

139,528,830

11,525,000
6,200, 000
11,535,000
4,440,000
2,950,000

14,418,000
8.608,000
15,378,500
4,705,000
3,900,000

189
149
219
32
60

368
245
410
95
130

60,651,600
25,363,000
56,233,500
14,915,000
16,065,000

to
o

Minnesota
Iowa
Missouri

165
99
31

..

Total Western States
Washington
Oregon
California
Idaho.
Utah
Nevada
Arizona.

.

471,000
630,000
385,000

25
52
29

15,975,000

98

3,245,500

359

2,575,000
1,500,000
2,125,000
2,100,000
325,000
250,000
1,075,000
525,000
6,325,000

7
2
14
6
3

215,000
60,000
475,000
210,000
100,000

9
4
20

301,000
125,000
675,000

7
8
24
28
7
10
30
9
39

400,000
400,000
1,485,000
2,050,000
610,000
550,000
2, 450,000
525,000
2,705,000

117
70
123
118
23
20
82
34
312

672

.

15
19
12

103
60
85
84
13
10
43
21
253

Total Middle Western States
North Dakota
South Dakota
Nebraska . .
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

4,125,000
2,475,000
775,000

639

.

16,800,000

65

2,161,000

162

11,175,000

24
26
52
22
6
1
4

600,000
650,000
1,300,000
550,000
150,000
25,000
100,000

1
1
3
1
1

30,000
26,000
100,000
30,000
30,000

1

30,000

20
14
64
11
3
8
4
1

1,495,000
1,050,000
13,012,800
650,000
275,000
1,175,000
200,000
50,000

135

3,375,000

18

246,000

125

17,907,800

2

50,000

2
1

550,000
100,000

3

650,000

Alaska
Total Pacific States
Hawaii
Porto Rico
Total Island Possessions
Total United States.




2

50,000

2,226

55,650,000

357

a Bonds deposited, $57,759,610.

3,300,000
3,095,000
7,885,000

261
319
122

20,691,000
20,330,000
30,935,000

70,150,500 1,950

245,184,100

132
89
212
211
41
28
113
40
298

4,684,900
3,434,000
13,455,000
12,252,500
3,765,000
1,560,000
9,480,000
1,995,000
11,890,000

899

30,136,000 1,164

62,516,400

45
41
119
34
10
9
9
1

2,125,000
1,726,000
14,412,800
1,230,000
455,000
1,200,000
330,000
50,000

64
65
143
38
20
9
13
2

7,648,000
4,601,000
•33,795,000
1,870,500
2,180,000
1,732,000
755,000
100,000

268

21,528,800

354

52,681,500

1

600,000
100,000

4
1

610,000
100,000

5

700,000

5

710,000

a 238,253,300 6,853

921,463,172

205
170
72

50,930,000 1,096

11,635,500 1,416 170,967,800 3,999

7,896,000
6,200,000
9,045,000

3,190,000
1,960,000
4,085,000
4,360,000
1,035,000
800,000
3,826,000
1,175,000
9,705,000

W

HI

o
h}

M
Ct

o

O
ha

W
o

3
o
Kl

22

KEPORT OF THE COMPTROLLER OF THE CURRENCY.

The following tables relate to the number and capital of national
banks, by classes, organized since March 14, 1900, number of national
banks organized in each month and year since that date, together
with the number and classifications of organizations during the past
year:
SUMMARY, BY CLASSES, OF NATIONAL BANKS ORGANIZED FROM MARCH 14, 1900, TO
OCTOBER 31, 1908.
Conversions.

Reorganizations.

Classification.
No.

Capital.

Capital less than $50,000... 314
Capital, $50,000 or m o r e . . . 204
Total

No.

Capital.

Primary
organizations.

Total.

Capital.

No.

No.

Capital.

810
463

$21,467,000 1,459
749
61,395,000

$37,515,500
81,895,000

2,583
1,416

$67,285,500
170,967,800

35,980,800 1,273

82,862,000 2,208

119,410,500

3,999

238,253,300

$8,303,000
27,677,800

518

NUMBER OF NATIONAL BANKS ORGANIZED IN EACH MONTH FROM MARCH 14, 1900, TO
OCTOBER 31, 1908.
1900.

January
February
March
April
May
June
July
August
September
October
N o v e m b e r
December

.

.
.

.

.

.

.

.

.

Total

1902.

1903.

1904.

1905.

1906.

1907.

36
31
35
30
54
40
41
27
23
27
32
36

40
28
41
50
50
42
38
42
38
33
36
54

34
50
56
51
47
58
43
36
31
57
20
32

36
35
42
46
42
43
22
38
32
43
36
45

45
39
50
42
49
48
37
44
35
36
23
38

45
41
41
43
45
42
32
33
31
41
27
41

40
42
50
46
52
55
40
39
4(5
38
19
23

32
36
39
34
33
21
37
20
14
18

398

..

1901.

6
46
66
95
46
44
20
25
21
29

Month.

412

492

515

460

486

462

490

284

1908.

NUMBER AND CLASSIFICATION OF NATIONAL BANKS ORGANIZED DURING THE YEAR
ENDED OCTOBER 31, 1908.
Reorganizations. |

Conversions.

Total.
Bonds
deposited.

Month.
No.
November..
December..
January
February..
March
April
May
June
July
August
September.
October
Total

Capital.

No.

$615,000
675,000
475,000
250,000
705,000
660,000
630,000
825,000
675,000
735,000
75,000
525,000
144




6,845,000

Capital.

No.

9,205,000

No.

$50,000
75,000
735,000
825,000
850,000
823,000
530,000
100,000
960,000
300,000
1,300,000
225,000

$300,000
100,000
1,475,000
525,000
1,180,000
585,000
705,000
2,825,000
480,000
410,000
620,000
90

Capital.

92

19
23
32
36
39
34
33
21
37
20
14
18

6,773,000

326

Capital.
$965,000
850,000 |
2,685,000
1,600,000
2,735,000
2,068,000
1,865,000
3,750,000
2,115,000
1,445,000
1,995,000
750,000
22,823,000

$394,250
225,510
475, 270
427,320
569,750
444,850
601,860
452,000
527,750
406,010
325,000
217,510
5,067,080

REPORT OF THE COMPTROLLER OF THE CURRENCY.

23

The growth of national banks, as shown by the number, capital
stock, etc., between March 14, 1900, and October 31, 1908, is shown
in the following table:
NUMBER OF NATIONAL BANKS IN EXISTENCE, AUTHORIZED CAPITAL STOCK, BONDS ON
DEPOSIT TO SECURE CIRCULATION, CIRCULATION SECURED BY BONDS, AND BY LAWFUL MONEY, ON DATES INDICATED.
Mar. 14, 1900. Oct. 31, 1905. Oct. 31, 1906. Oct. 31, 1907. Oct. 31t 1908.
Number of banks
Authorized capital
Bonds on deposit
Circulation, on bonds
Circulation, lawful money
Total circulation

5,858
6,225
6,650
3,617
$616,308,095 $812,026,075 $845,939,775 $909,274,775
244,611,570 494,017,850 539,653,180 566,994,910
216,374,795 489,937,806 536,933,169 562,727,614
47,252,852
38,027,935
34,470,443
46,238,816
254,402,730 524,408,249 583,171,985 609,980,466

6,873
$930,365,275
632,624,850
626,778,555
39,065,637
665,844,192

The number of national banks organized in each State and geographical division, together with the number in active operation, in
liquidation, and placed in charge of receivers, appears in the following
table:
NUMBER OF NATIONAL BANKS ORGANIZED, INSOLVENT, IN VOLUNTARY LIQUIDATION,
AND NUMBER IN OPERATION ON OCTOBER 31, 1908.

State, etc.
Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Total Eastern States.
Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.,
Ohio
Indiana
Illinois
Michigan...
Wisconsin.
Minnesota.
Iowa
Missouri...
Total Middle Western States.




In operation.

24

KEPOKT OF THE COMPTROLLER OF THE CURRENCY.

NUMBER OF NATIONAL BANKS ORGANIZED, INSOLVENT, IN VOLUNTARY LIQUIDATION,

AND NUMBER IN OPERATION ON OCTOBER 31, 1908—Continued.
State, etc.
North Dakota
South Dakota
Nebraska . . .
Kansas
Montana '.
Wyoming
Colorado

Organized. Insolvent.

.

.

.

. . .

Arizona

Alaska

Total Pacific States
Hawaii
Porto Rico

.

.

.

.

.

Total Island Possessions

15
23
58
92
16
5
25
7
41

132
89
214
211
41
28
113
40
294

112

282

1,162

123
83
171
48
27
12
17
2

23
7
6
1
1
1
1

36
12
21
8
6
1
3

64
64
144
39
20
10
13
2

483

Total Western States

13
11
20
35
10
2
9
4
8

1,556

Oklahoma

Washington
Oregon
California
Idaho
Utah
Nevada

In operation.

160
123
292
338
67
35
147
51
343

..

New Mexico

I n liquidation.

40

87

356

4
1

4
1

5

Total United States

9,263

5
a 476

1,914

6,873

a Total number of receiverships 499; two banks failed for the second time, and 21 were restored to
solvency.
CHANGES IN TITLES OF NATIONAL BANKS.

During the year ended October 31, 1908, there were 14 changes of
corporate titles of national banking associations, the banks concerned,
the new and old titles, with date of approval of the changes, being
shown in the following table:
Title and location.

No.
6230
6406
8335
4385
8864
7498
3872
2798
8563
3916
5501
5176
7457
8967

"The American National Bank of South McAlester," South McAlester, Okla., to "The
American National Bank of McAlester"
"The City National Bank of South McAlester," South McAlester, Okla., to "The City
National Bank of McAlester"
"The First National Bank of St. James," St. James, Nebr., authorized to move to Wynot,
Nebr., under the title "The First National Bank of Wynot"
"The First National Bank of Muskogee," Muskogee, Okla., to "The First National Bank
of Muskogee"
"The Maxfield National Bank of Batesville," Batesville, Ark., to "The National Bank
of Batesville"
"The Merchants National Bank of New Orleans," New Orleans, La., to "The Peoples
National Bank of New Orleans"
"The First National Bank of Albany, Georgia," to "The Citizens First National Bank
of Albany"
" The Fifth National Bank of Cincinnati," Cincinnati, Ohio, to " The Fifth-Third National
Bank of Cincinnati"
"The National Bank of Luther," Luther, Okla., to "The First National Bank of Luther".
"The Oakland National Bank," Chicago, 111., to "The Oakland National Bank of Chicago"
"The Peoples National Bank of Grove City," Grove City, Pa., to "The Grove City
National Bank"
" The National Bank of Commerce of Hattiesburg," Hattiesburg, Miss., to " First National
Bank of Commerce of Hattiesburg"
"The Western National Bank of Louisville," Louisville, Ky., to "The Continental
National Bank of Louisville"
"The Cortez National Bank," Cortez, Colo., to "The First National Bank of Cortez"




Date.
1907.
Nov. 16

Do.

Jan.

21

Feb.

14

Mar.

9

Apr.

11

May

1

June
June
June

2
6
20

Aug.

1

Aug.

8

Sept.
Oct.

30
6

KEPOET OF THE COMPTROLLER OF THE CURRENCY.

25

EXTENSION OF COEPOEATE EXISTENCE OF NATIONAL BANKS.

Under authority of the act of July 12, 1882, 83 associations
extended their corporate existence during the last year; and under
the act of April 12, 1902, the charters of 7 associations were extended
for a second period of twenty years. The total number of extensions
under the act of 1882 to October 31, 1908, is 2,665, and the number
of second extensions 968. In the year terminating on October 31,
1909, the corporate existence of 134 associations will expire for the
first time and one for the second time. The charters of all of these
banks may be extended for an additional period of twenty years by
conforming to the provisions of the acts of the dates cited. Lists of
both classes of banks with dates of expiration of charters will be found
in the appendix of this report.
LIQUIDATIONS.

During the year ended October 31 charters of three associations
expired by limitation, and 77 associations were placed in voluntary
liquidation under the provisions of section 5220 of the Revised Statutes. The capital of the banks of the classes named was $12,415,000.
Thirty of the banks voluntarily liquidated, with capital of $7,355,000,
were absorbed by other associations; 3 of the banks the charters
of which expired by limitation were reorganized; 38 liquidated to
reorganize as state banks; and 9 were closed to discontinue business.
The list of liquidated banks, with date of authority to begin business, date of closing, capital stock, circulation issued, redeemed and
outstanding, is submitted herewith :
NATIONAL BANKS PLACED IN LIQUIDATION.
Circulation—
Name and location of bank.

First National Bank, Adams, N.
Dak. (7852)
Federal National Bank, Chicago,
111.(7926)
German-American N a t i o n a l
Bank, Marion, Wis. (8887)
Fourth National Bank, Waterbury, Conn. (3768)
Grant Park National Bank,
Grant Park, 111. (5124)
Merkel National Bank, Merkel,
Tex. (7466)
Planters and Mechanics National
Bank, Houston, Tex. (4463)...
First National Bank, High
Point, N. C. (3490)
Farmers and Merchants National
Bank, Tyler, Tex. (7515)
Western National Bank, Odessa,
Tex. (8925)
Beaver National Bank, NewYork, N. Y. (8634)
First National Bank, Macon,
Mo. (2862)
Hollis National Bank, Hollis,
Okla. (8056)
Atlantic National Bank, Wilmington, N. C. (4726)
Porter National Bank, Porter,
Okla. (8676)
State National Bank, New Orleans, La.
 (1774)



,1905
28.1905
24,1907
2,1887
6,1898
4,1904
11,1890
21,1886
16,1904
22,1907
6,1907
23,1883
Jan. 16,1908

20.1906

Jan. 18,1908

18,1892

Jan. 25,1908

4,1907

Jan. 30,1908

20,1871

26

REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANKS PLACED IN LIQUIDATION—Continued.

Name and location of bank.

Date of
closing.

Date of
authority to
commence
business.

Circulation—
Capital
stock.

Issued.

Lindsay National Bank, Lindsay, Okla. (6710)
$40,000
$40,000
Feb. 6,1908 Apr. 3,1903
National Live Stock Bank, Chicago, 111. (3847)
50,000
Feb. 7,1908 Feb. 23,1888 1,000,000
First National Bank, Turnersville, Tex. (8843)
6,250
Feb. 26,1908 Aug. 22,1907
25,000
First National Bank, Humboldt,
12,500
Nebr. (3238)
Feb. 28,1908 Aug. 22,1884
50,000
First National Bank, Kiefer,
6,250
Okla. (8553)
Mar. 3,1908 Feb. 19,1907
25,000
Peoples National Bank, Muncie,
75,000
Mar. 14,1908 Oct. 26,1904
Ind. (7454)
100,000
City National Bank, Muskogee,
Mar. 16,1908 Aug. 6,1903
Okla. (6911)
100,000
100,000
National Bank of Fayetteville,
Mar. 17,1908 Oct. 18,1905
60,000
Fayetteville, Ark. (7952)
60,000
Prescott National Bank, Lowell,
Mar. 18,1908 Mar. 31,1865 300,000
50,000
Mass. (960)
First National Bank, Gloucester,
Mar. 26,1908 Oct. 25,1864 200,000
Mass. (549)
200,000
First National Bank, Mylo, N.
Aug. 4,1905
.do.
7,000
Dak. (7857)
25,000
Third National Bank, Albany,
12,500
Mar. 31,1908 July 12,1902
50,000
Ga. (6336)
Fanners National Bank, Punx50,000
Apr. 1,1908 Sept. 14,1901
sutawney, Pa. (5965)
50,000
Choc taw National Bank, Caddo,
50,000
Apr. 5,1908 Jan. 17,1900
Okla. (5246)
50,000
City National Bank, Tulsa, Okla.
25,000
Apr. 11,1908 Mar. 5,1901
(5732)
25,000
National Bank of Jacksonville,
aApr. 14,1908 Apr. 20,1888 300,000
Jacksonville, Fla. (3869)
178,500
Traders National Bank, WashApr. 21,1908 Feb. 27,1890
ton, D. C. (4244)
200,000
200,000
Veazie National Bank, Bangor,
Mar. 5,1873 100,000
....do
Me. (2089)
25,000
Citizens National Bank, AlMay 1,1908 June 9,1905
bany, Ga. (7777)
50,000
50,000
City National Bank, MarshallMay 4,1908 July 8,1890
town, Iowa (4359)
100,000
25,000
National Bank of the Republic,
May 7,1908 Apr. 13,1864 ,000,000
Boston, Mass. (379)
650,000
Newton National Bank, NewMay 15,1908 Feb. 8,1865 200,000
ton, Mass. (789)
50,000
First National Bank, Hailey,
a May 21,1908 June 2,1888
Idaho (3895)
75,000
18,750
Hazelhurst National Bank,
May 26,1908 Sept. 27,1906
Hazlehurst, Pa. (8380)
25,000
25,000
Commercial National Bank,
June 1,1908 Nov. 21,1881 ,000,000
Detroit, Mich. (2591)
225,000
Citizens National Bank, WashFeb.
7,1902
do
ington, Iowa (6122)
50,000
50,000
Consolidation National Bank,
June 8,1908 Oct. 29,1864
Philadelphia, Pa. (561)
300,000
300,000
Third National Bank, CincinJune 18,1908 June 14,1882 ,200,000 1,200,000
nati, Ohio (2730)
Citizens National Bank, Cedar
June 20,1908 Mar. 14,1898
Rapids, Iowa (5113)
200,000
150,000
Merchants National Bank, CovJuly 1,1908 Feb. 26,1906
ington, Ky. (8110)
100,000
50,00(?
National Bank of Wichita,
July 6,1908 Aug. 19,1902
Wichita, Kans. (6392)
100,000
50,000
Thomas National Bank,
July 7,1908 June 6,1905
Thomas, Okla. (7771)
25,000
6,250
National Bank of Commerce,
July 15,1908 June 11,1884 ,000,000
Minneapolis, Minn. (3206)
600,000
Wind River National Bank,
July 18,1908 May 23,1906
Shoshoni, Wyo. (8232)
25,000
6,250
First National Bank, Cutter, N.
July 22,1908 Apr. 27,1907
Mox. (8662)
25,000
6,500
Fifth National Bank, Grand
July 31,1908 Apr. 13,1886
Rapids, Mich. (3488)
100,000
100,000
First National Bank, Cement,
Aug. 1,1908 Mar. 21,1906
Okla. (8144)
25,000
12,510
First National Bank, WheatNov. 10,1906
do
land, Wyo. (8432)
25,000
25,000
First National Bank, HattiesAug. 5,1908 Feb. 16,1899
burg, Miss. (5177)
100,000
50,000
o Expired by limitation.




ReOutdeemed. standing.

$17,400

$22,600

12,050

37,950

2,950

3,300

5,200

7,300

2,350

3,900

23,550

51,450

40,950

£9,050

58,505

1,495

12,121

37,879

62,827

137,173

2,500

4,500

5,350

7,150

17,900

32,100

20,950

29,050

6,950

18,050

65,550

112,950

80,950

119,050

8,450

16,550

22,550

27,450

5,603

19,397

255,741

394,259

8,832

41,168

6,500

12,250

8,550

16,450

199,850

25,150

9,400

40,600

47,079

252,921

270,925

929,075

136,300

13,700

9,450

40,550

5,750

44,250

650

5,600

68,353

531,647

1,700

4,550

1,000

5,500

10,350

89,650

1,450

11,060

3,150

21,850

11,250

38,750

27

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANKS PLACED IN LIQUIDATION—Continued.

Name and location of bank.

Enid National Bank, Enid,
Okla. (8231)
Citizens National Bank, Anadarko, Okla. (6307)
First National Bank, Lamont,
Okla. (7783)
City National Bank, Hobart,
Okla. (6267)
Madill National Bank, Madill,
Okla. (6365)
First National Bank, Okeene.
Okla. (5887)
First National Bank, Foss, Okla.
(6736)
First National Bank, Laurel,
Mont. (8669)
Coalgate National Bank, Coalgate, Okla. (7321)
National Traders Bank, Portland, Me. (1451)
Lockney National Bank, Lockney, Tex. (9193)
Greene County National Bank,
Hunter, N. Y. (7485)
Peoples National Bank, Aspen,
Colo. (8815)
Comal National Bank, New
Braunfels, Tex. (7924).
City National Bank, Kames
City, Tex. (8565)
National Bank of Hastings,
Hastings, Okla. (8210)
First National Bank, Plymouth,
Ohio (1904)
Weleetka National Bank, Weleetka, Okla. (6689)
First National Bank, Gage, Okla.
(8543)
Farmers' National Bank, Gatesville, Tex. (8928)
City National Bank, Norman,
Okla. (6450)
Citizens' National Bank, Ada,
Okla. (7071)
First National Bank, Clutier,
Iowa (5366)
First National Bank, Center
Point, Tex. (6040)
Medford National Bank, Medford, Mass. (5247)
Total, 80 banks.

Circulation-

Date of
closing.

Date of
authority to
commence
business.

Capital
stock.

Aug. 18,1908

May 22,1906

$100,000 $100,000

$12,150

Aug. 31,1908

June 17,1902

25,000

G,250

550

5,700

June 10,1905

25,000

25,000

1,850

23,150

Sept. 1,1908

May 21,1902

25,000

25,000

2,200

22,800

Sept. 4,1908

Aug. 2,1902

60,000

30,000

1,950

28,050

Sept. 7,1908

June 28,1901

25;000

10,000

1,250

8,750

Sept. 10,1908

Apr. 21,1903

25,000

6,300

300

6,000

Sept 12,1908

May

25,000

6,250

950

5,300

do

1,1907

! Re- I OutIssued. | deemed. I standing.

$87,850

June 28,1904

do

50,000

50,000

500

49,500

July 17,1865

200,000

50,000

3,900

46,100

July 15,1908

do
Sept. 15,1908

25,000

6,250

6,250

Sept. 18,1908

Nov. 23,1904

25,000

12,500

1,600

Sept. 21,1908

Aug. 1,1907

25,000

6,250

200

6,050

Sept. 25,1908

Sept. 27,1905

35,000

35,000

4,000

31,000

Sept. 29,1908

Feb. 26,1907

25,000

6,300

Oct.

May

7,1906

25,000

25,000

1,150

23,850

....do

Dec.

15,1871

50,000

50,000

2,400

47,600

....do

Mar. 25,1903

25,000

6,250

1,1908

10,900

6,300

6,250

Oct.

2,1908

Feb.

13,1907

25,000

6 500

250

Oct.

3,1908

Oct. 23,1907

30,000

7

500

400

7,100

Oct.

5,1908

Oct.

6,1902

50,000

50,000

1,750

48,250

6,250

Oct.

10,1908

Dec. 24,1903

50,000

12,500

Oct.

12,1908

May 22,1900

25,000

20 000

800

19,200

Oct.

13,1908

Dec.

25,000

25 000

500

24,500

Oct.

31,1908

Jan. 23,1900

100,000

50 000

12,415,000 6,988 660 2,151,177

4,837,483

3,1901

12,500

50,000

NATIONAL BANK EXAMINATIONS AS VIEWED BY THE BANKERS.

On September 14, 1908, a copy of the following letter was mailed
to the president of every national bank:
TREASURY DEPARTMENT,

Washington, September 14, 1908.
MY DEAR SIR: I am making an effort to improve the work of the national-bank
examiners, and in order to do so I want an expression of opinion from the banks as to
how the work is now done and as to how it may be improved.
Will you please tell me how the examiners who have examined your bank actually
do the work; whether or not, in your opinion, it is well done, and whether the examiners take time enough to go into the details of the bank as the law contemplates
that they should, and in a general way point out every defect in the examinations
that may occur to you.



28

REPORT OF THE COMPTROLLER OF THE CURRENCY.

I will be under obligations to you if you will advise me how, in your opinion, the
work for which you pay can be done so that both your bank and this office will get
the best results possible from the examinations. The bank pays for these examinations, and it is therefore vitally interested in getting actual benefits from them.
My sole purpose is to improve the entire service from the top to the bottom. Your
reply, therefore, will be considered confidential. Please write me fully by return
mail.
Respectfully,

LAWRENCE 0 . MURRAY,

Comptroller.

Replies to the foregoing letter were received from over 3,600 banks,
and in 1,848 instances the opinion was expressed that the present
system and methods in force are satisfactory. In 53 cases the view
was taken that the system is not satisfactory, but no recommendations for improvement were submitted. In nearly one-half (1,695)
of the replies the system was criticized to a greater or less extent and
corresponding suggestions offered.
On the subject of the compensation of examiners, in 501 replies
the view is expressed that the examiners should be paid salaries in
lieu of fees. In the opinion of 684 correspondents, more time should
be devoted to examinations than at present, and in 278 replies the
wisdom of conferences by the directors with the examiner at time of
examination is recognized. Forty-five correspondents recommend
more frequent examinations than at present; 116, more competent
examiners; 54, that examiners should be placed under the civil
service; 84, that examiners be retained in the same localities indefinitely; 16, that government auditors or supervising examiners be
appointed; 11, that banks in contiguous territory unite in the
employment of special auditors; 31, that independent audits be
made, and 11, that reports of examiners be made to clearing houses.
In 460 replies more careful inspection of loans and discounts is urged,
and in 24 it is suggested that closer attention should, be given items
in transit and accounts current. Correspondents in 61 instances
urge the giving of greater attention to loans to officers, directors, and
stockholders. Verification of individual ledger balances is advocated
in 184 replies.
In the interest of the department, of the examiners, and the banks,
the establishment of a credit department in the office of the Comptroller is urged, by a number of correspondents, for the collection of
information relative to the character and financial standing of large
borrowers, from which both the banks and the examiners could draw,
the former to enable them to determine the advisability of granting
accommodations or extensions, and the latter to understanding^
advise both the Comptroller and the banks of the value of the bills
receivable, etc. Upon the part of some of the bankers the view is
expressed that examiners should be authorized to communicate more
freely with the officers of banks with respect to their knowledge of
paper which may be found in a bank at the time of examination.
It is worthy of note that criticisms and suggestions submitted in
the replies from the banks are directed to the system and not to
individual examiners.
It is believed that the following tabulation of the replies received
from the banks, showing the sources from which they were received
and the character of the larger number of criticisms, comments, and
recommendations, will be examined with interest:



29

REPORT OF THE COMPTROLLER OF THE CURRENCY.

State.

Alabama
Arkansas
,
Arizona
California
Colorado
Connecticut
Delaware
District of Columbia.
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New York
North Carolina
North Dakota
New Mexico
Ohio
Oregon
Oklahoma
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Islands
Total

NumNum- ber of
ber of replies
banks.
received.

Number
that
regard
present
system,
as satisfactory.

22
30
89
87
535
20
51
107
64
94
130
28
5

32
19
9
79
59
50
20
7
16
44
20
214
118
133
103
67
22
46
73
122
65
143
18
69
15
108
3
39
89
243
32
66
22
205
32
127
403
14
15
44
45
281
13
24
61
34
35
79
17
2

18
12
5
40
34
27
13
4
7
21
9
100
60
81
32
44
9
33
36
75
28
57
11
30
8
55
1
28
47
143
21
38
11
106
14
67
205
6
9
9
22
169
6
13
25
14
18
22
4
1

6,851

3,596

1,846

76
40
13
143
113
80
27
11
39
97
38
410
245
319
211
145
38
77
101
198
95
261
30
122
41
212
9
57
175
424
69
132
40
368
65
298

770




Number
criticizing
present
system
without suggesting
improvements.
1
4
3

4
7
4
6
1
6
2
3
3
2

3
1
2

1

53

Number
offering
suggestions
for improvement.

13
7
4
35
22
23
7
3
9
23
11
110
51
48
65
23
13
12
31
45
37
83
7
36
7
51
2
11
42
100
11
28
11
96
18
59
196
8
6
35
23
111
7
11
36
20
17
57
13
1

1,695

Num- Num- Number
ber
Num- Number
ber
ber suggest- suggest- suggesting
ing
suggest- suggest- ing
more verifiing
ing
board careful cation
salary more meetinstead time for ings inspec- of indiof fee exami- with tion of vidual
loans
system. nations. exam- and dis- ledger
baliners. counts. ances.
3

1
3
6
5
1
2
1
3
43
16
17
14
8
3
10
6
25
32
2
12
5
14
2
1
8
40
3
6
3
23
5
15
58
3
1
9
2
30
3
10
13
5
24
5
501

3
3
2
9
5
8
1
3
7
3
49
18
13
26
8
6
3
10
15
16
37
1
10
3
20
1
2
16
42
4
12
4
33
9
23
92
3
4
17
7
52
4
1
21
13
9
32
3
1
684

3
3

3
4

7
3
2
1

3
4
3
1

1
4
1
24
16
15
13
3
3
2
3
3
7
19
2
6

4
9
4
26
16
17
11
2
3
2
1
4
12
29
1
5
3
19
•
l
5
8
18
4
12
4
29
7
22
45
2
3
11
5
45
3
3
9
9
6
16
6
1

5
4
4
8
1
3
22
3
12
31
6
8
14
1
4
1
4
1
278

460

3
2
1
3
1

a
3

2
1
3
3
2
2
2
1

3
8
6
2
2
2
3
3
14
17
1
3
9
3
2
38
1
1
3
3
5
1
10
4
3
4

184

30

KEPORT OF THE COMPTROLLER OF THE CURRENCY.

STATE, SAVINGS, PRIVATE BANKS, AND LOAN AND TRUST COMPANIES.

Under the provisions of section 333 of the Revised Statutes of the
United States, the Comptroller of the Currency is required to incorporate in his annual report to Congress a statement exhibiting under
appropriate heads the resources and liabilities and condition of the
banks, banking companies, and savings banks organized under the
laws of the several States and Territories. The information is
obtained through the courtesy of State officers having supervision of
these institutions and from individual banks and bankers where not
obtainable otherwise.
Summaries of this information received for the current year show
that there were in operation 14,522 banks other than national, with
aggregate resources of $10,869,345,993, being an increase of 1,205
in the number of banks and a decrease of $299,168,523 in resources
reported the previous year. The returns include 11,220 commercial
banks, 1,453 savings banks (of which 676 were of the mutual class,
i. e., without capital stock), 1,007 private banks, and 842 loan and
trust companies.
The capital stock of the commercial banks aggregates $502,513,303,
individual deposits $2,937,129,598, and resources $4,032,638,485. In
1907 the aggregate resources of this class of banks was $4,119,190,337,
thus showing a decrease of $86,551,852 in the amount reported for
the current year.
Savings-bank reports to the number of 1,453 show deposits aggregating $3,479,192,891 and resources $3,809,533,152. Compared with
1907 these figures show an increase in the aggregate resources of
$26,659,952, but a decrease of $16,217,196 in individual deposits.
Including the deposits in savings departments of the Illinois State
banks the aggregate deposits to the credit of savings depositors in
the United States is shown to be $3,660,553,945 and the number of
depositors 8,705,848, the average deposit being $420.47.
Reports received from the 842 loan and trust companies show
aggregate resources of $2,865,632,876 against 794 companies with
aggregate resources of $3,071,419,360 in 1907, or a decrease of
$205,786,484.
Reports were obtained from 1,007 private banks and bankers, with
capital of $21,122,836 and aggregate resources of $161,541,480. In
1907 reports were received from 1,141 private banking concerns
with capital of $25,144,822 and resources of $195,031,619, thus showing a decrease in figures submitted for 1907 of $4,021,986 in capital
stock and $33,490,139 in resources.
Statistics submitted with respect to the amount and average rate
of dividends paid by state banks, private banks, and loan and trust
companies for the year ended June 30, 1908, will be found in the
appendix. Reports covering the subject were received from 1,568
state banks with capital of $142,087,691 which showed the payment
of dividends to the amount of $14,485,772 or an average of 10.19 per
cent; from 623 loan and trust companies with capital of $227,875,359
showing payment of dividends to the amount of $22,959,630 or 10.08
per cent; and 214 private banks which paid dividends to the amount of
$684,889 or 13.57 per cent on capital stock of $5,046,705. Similar
returns for 1907 show that state banks paid an average of 9.54 per



31

KEPORT OF THE COMPTROLLER OF THE CURRENCY.

cent, loan and trust companies 10.38 per cent, and private banks
12.51 per cent.
The following table is a summary of reports received for the year
1908 from state banks, savings banks, private banks, and loan and
trust companies:
RESOURCES AND LIABILITIES OF STATE, SAVINGS, PRIVATE BANKS, AND LOAN AND
TRUST COMPANIES, 1908.

11,220 state
banks.

842 loan and
trust
companies.

Total, 14,522
banks, etc.

$1,440,061,503 $19,610,740

$153,727,485

$1,801,751,913

66,624,785
7,521,699
364,362,059 80,226,816
1,050,343 1,796,144
13,860,545
297,157

821,341,681
404,412,308
860,744
555,303

1,022,758,834
2,939,945,864
33,155,132
17,601,519

89,639,659
29,576,312

681,624,971
651,018,888
29,460,847

1,453 savings
banks.

1,007
private
banks.

RESOURCES.

$188,352,185
Loans on real estate
Loans on collateral securityother than real estate
127,270,669
2,090,944,681
Other loans and discounts
29,447,901
Overdrafts
2,888,514
United States bonds
State, county, and municipal
bonds
3,729,479
Railroad bonds and stocks
2,698,260
Bank stocks
Other stocks, bonds, and se184,385
curities
Due from other banks and
492,935,533
bankers
Real estate, furniture, and fix- 549,297,603
tures
Checks and other cash items... 136,146,988
Cash on hand
71,251,438
All other resources
308,736,342
28,754,507
Total
4,032,638,485

587,155,390
618,193,415
24,265,271

1,100,443
550,901
205.348

343,465,167

5,821,879

163,616,708

27,298,378

4,805,843
651,298,154

1,493,520,733
1,131,785,912

391,573,223
97,112, 461
5,878,676
118,398,874
96,452,153
3,809,533,152 161,541,480 2,865,632,876

10,869,345,993

21,122,836 278,408,759
5,556,239
370,145,308
3,475,238
45,894,591
35,160
467,115
3,479,192,891 126,673,158 1,866,964,314

838,058,353
837,525,433
175,286,051
1,185,024
8,409,959,961

57,010,988
779,228
43,483,533
85,604,217

6,448,497
1,529,589
8, 497,540
636.349

296,718,934
79,438,931
479,116,289
211,447,226

LIABILITIES.

502,513,303
Capital stock
217,112,085
Surplus fund
86,503, 972
Other undivided profits
682,749
Dividends unpaid
2,937,129,598
Deposits
Due to other banks and bank- 207,432, 987
81,263,791
All other iiabilities.'.".'.'.......'.'.
4,032,638,485
Total

36,013,455
244,711,801
39,412,250

3,187,417
7,015,338

1,561,453
3,117,396

163,014,678
140,738,111

375,196,535
232,134,636

3,809,533,152 161,541,480 |2,865,632,876

10,869,345,993

For the purpose of comparison a table exhibiting the principal
items of resources and liabilities of banks other than national in
the years 1900, 1904, and 1906 to 1908 is submitted herewith:
CONSOLIDATED RETURNS FROM STATE, SAVINGS, PRIVATE BANKS, AND LOAN AND
TRUST COMPANIES.
Item.

1900.

$3,013,449,827
Loans
1,723,830,351
Bonds
220,667,109
Cash
403,192,214
Capital
Surplus and undivided
490,654,957
profits
4,780,893,692
Deposits
5,841,658,820
Resources

1904.

1906.

1907.

1908.

$4,360,209,382
2,522,890,815
301,578,011
625,116,824

$5,656,832,201
2,790,159,501
334,938,185
739,163,401

$6,099,897,535
2,931,506,252
391,847,497
807,178,262

$5,797,611,743
2,873,226,958
479,116,289
838,058,353

779,241,781
6,688,107,157
8,542,839,386

893,679,524
8,159,894,029
10,363,350,846

924,655,010
8,776,755,207
11,168,514,516

1,012,811,484
8,409,959,961
10,869,345,993

The foregoing statement indicates an increase in the aggregate
resources in 1904 over 1900 of $2,701,180,564; an increase of
$805,163,670 in 1907 over 1906; for 1908 the figures show a decrease



32

REPOET OF THE COMPTROLLER OF THE CURRENCY.

of $299,168,523 over those reported in 1907, but an increase of
$5,027,687,173 for the eight years ended June 30, 1908.
Combining the summary of reports from national banks as of
July 15, 1908, with those received from other banks for June 30,
1908, makes a total of 21,346 reporting banks with aggregate capital
of $1,757,200,000 and aggregate resources of $19,583,400,000, as
shown by the following comparative statement:
Classification.

Loans
United States bonds
All other bonds and securities
Cash (including national-bank notes)
Capital stock
Surplus and profits
Deposits (individual)
Aggregate resources

6,824 national 14,522 state,
banks.
etc., banks.
:
I
j
j
j
!
|
\
\

Millions.
$4,640. 4
732. 6
840.1
889.2
919.1
748. 7
4,374. 5
8,714.1

Millions.
$5,797. 6
17.6
2,855. 6
479.1
838.1
1,012.8
8,410. 0
10,869.3

Total, 21,364
banks.
Millions.
$10,438.0
750.2
3,695.7
1,368.3
1,757.2
1,761. 5
12,784. 5
19,583. 4

From the foregoing statement it appears that banks other than
national have 55 per cent of the aggregate resources of all reporting
banks, 65 per cent of individual deposits, and 55 per cent of the
aggregate loans. Of the surplus and profits 57 per cent is credited
to this class of banks, while they have only about 47 per cent of the
capital and 35 per cent of the cash holdings of all banks.
The individual deposits in all reporting banks are $12,784,500,000,
but estimating the deposits in 3,654 nonreporting banks at about
$486,000,000 the individual deposits in all banking institutions of the
country are approximately $13,270,000,000.
The aggregate amount of cash in the vaults of the banks of the
United States and island possessions on or about June 30, 1907,
was $1,113,700,000. The amount reported on the corresponding date
in 1908 is $1,368,300,000, an increase of $254,600,000 during the year.
The banking power of the United States in 1908, as represented by
capital, surplus and other profits, deposits, and circulation of national
and other reporting banks, together with the estimated amount of
funds of this character in the nonreporting banks, is shown to be
approximately $17,643,000,000. In 1890 Mulhall estimated the
banking power of the United States at $5,150,000,000.
Information relating to state and private bank failures furnished
this office by the Bradstreet Commercial Agency shows that during
the year ended June 30, 1908, there were 132 failures of banks other
than national, with assets of $177,073,348 and liabilities of
$209,835,443.
The growth in the number and volume of business of the banking
institutions of the country has been especially marked since 1900.
In that year the total number of banks in operation was estimated
at 13,977, with capital of $1,150,728,675; for the present year
the number has increased to 25,000, with aggregate capital of
$1,833,805,203. The national banks have increased since 1900
from 3,732, with aggregate capital of $621,536,461, to 6,824 on July
15, 1908, with aggregate capital of $919,100,850.^ Other reporting
banks have increased from 6,650, with aggregate capital of $403,192,214
in 1900, to 14,522, with aggregate capital of $838,058,353 in 1908. In
1900 the nonreporting banks were estimated at 3,595, with capital of
$126,000,000; for the present year banks not reporting are estimated
at 3,654,
 with capital of $76,646,000.


EEPORT OF THE COMPTEOLLER OF THE CURRENCY.

33

STATE BANKS.

Reports from state banks, all official returns, with the exception
of those from Nevada, Alaska, and Hawaii, show the condition of
11,220 banks of this class in operation, with aggregate resources of
$4,032,638,485. Geographically the state banks are located as follows: Nineteen in the New England States, 406 in the Eastern States,
3,312 in the Southern States, 3,689 in the Middle Western States,
2,866 in the Western States, 902 in the Pacific States, and 26 in the
island possessions.
The returns from Texas and California include trust companies
and those from South Dakota and Utah include private banks.
The returns from the various States are for dates nearest June 30,
1908, except that those from Alabama are for October 15, 1907;
Ohio, for December 5, 1907; and Idaho, for December 23, 1907, these
being the latest available returns from the States mentioned.
A summary of the returns submitted show loans $2,436,015,436;
investments in bonds and other securities, $502,436,171; cash on
hand, $308,736,342; capital stock paid in, $502,513,303; surplus and
undivided profits, $303,616,057; individual deposits, $2,937,129,598.
Compared with the figures for 1907, it appears that investments in
bonds, etc., increased $12,931,534; cash on hand, $54,734,772; capital
stock, $30,850,266, and surplus profits, $22,364,579. There has been
a decrease of $131,520,262 in deposits, $95,611,884 in loans, and
$25,257,290 in cash items. Comparing the figures for 1908 with
those submitted for 1904, there has been an increase of $1,168,894,312
in the aggregate resources; $155,092,106 in capital stock, and
$863,911,549 in deposits.
Missouri has the largest number of state banks, viz, 934, followed
by Kansas with 740, Minnesota 607, and Nebraska 598. Illinois has
the largest amount of capital invested in this class of banks, viz,
$52,460,000, Ohio being second with $38,950,747, New York third
with $33,283,000. California has 7
$46,754,171 of capital stock
entered under head of "State banks/ but this sum includes capital
stock of trust companies. The largest amount of deposits held by
state banks is $427,277,209 in Illinois banks, New York being second with $375,956,193, and Ohio third with $304,845,105, Illinois
state banks have also the largest volume of aggregate resources, viz,
$561,458,333, those of New York second with $533,592,633, and Ohio
third with $376,571,571.
Tables I and V in the appendix show complete details of reports
from this class of banks.
SAVINGS BANKS OF THE UNITED STATES.

Savings banks being the repositories of the accumulations of wageearners mainly, special interest attaches to their operations and condition. There are 8,088,066 depositors in savings banks of the
United States (exclusive of savings depositors in state banks of Illinois) with deposits aggregating $3,479,192,891, the average deposit
account being $430.16.
Savings-bank reports to the number of 1,453 have been received,
of which 676 are from mutual institutions and 777 from stock savings
banks, the latter being operated for the benefit of both the share62280—CUR 1908



3

84

REPOBT OF THE COMPTROLLER OF THE CURRENCY.

holder and depositor. The principal items of resources and liabilities
of savings banks, both mutual and stock, are as follows:
Loans
Bonds, etc
Deposits
Aggregate resources

$1,872,098,690
1,586,939,788
3,479,192, 891
3,809,533,152
MUTUAL SAVINGS BANKS.

All the mutual savings banks are located in the New England and
Eastern States with the following exceptions: 1 in West Virginia, 3
in Ohio, 5 in Indiana, 2 in Wisconsin, and 14 in Minnesota. The
number of reporting institutions is 676, two less than reported last
year.
As shown by Table IV in the appendix, the aggregate resources
of mutual savings banks are $3,331,737,125, a gain of $56,748,920
since June 30, 1907. Loans and discounts are $1,537,834,363, classified as follows:
On real estate
Other collateral securities
Other nonclassified loans

o

$1,265,645,819
66,624, 785
205,563,759

Compared with 1907, real estate loans have increased $53,560,320;
loans on other collateral, $5,652,142, other nonclassified loans having
decreased in the sum of $13,266,273. The amount invested in bonds,
stocks, and other securities has fallen from $1,554,409,273 in 1907 to
$1,512,940,551 in 1908, a decline of over $41,000,000. The investments in bonds and other securities are as follows:
United'States bonds
State, county, and municipal bonds
Railroad bonds and stocks
Bank stocks
Other stocks, bonds, and securities

$13,860,045
585, 609, 616
618,186,415
24, 265,271
271,019,204

Cash in bank amounts to $32,446,782, an increase of $14,405,816
over the amount shown by the reports for 1907. Individual deposits
have increased from $3,055,287,322 to $3,065,686,012, a gain of
$10,398,690. Deposits are credited to 7,137,481 depositors, the
number reported m 1907 being 7,071,219, a gain of 66,262, but the
average deposit account has decreased during the same period from
$432.07 to $429.52. The mutual savings banks hold nearly 24 per
cent of the aggregate individual deposits in all banks of the country.
In the New England States, the resources of mutual savings banks
aggregate more than one-half of the resources of all the banks in that
section, while in the Eastern States the resources of such banks are
only about 22 per cent of the combined banking resources of that
BOgraphical division. The average deposit account in mutual savings
ants in the New England States is $292.38; in the Eastern States,
$464.65; in the Middle Western States, $386.06. The highest average
deposit account, $547.79, is to the credit of depositors in the State of
Rhode Island, Ohio being next with $541.10, followed by New York
with $506.78. The average deposit account in all savings banks of
the United States is $430.16. The average rate of interest paid to
depositors in mutual savings banks of the New England States is
3.72 per cent; in the Eastern States, 3.49; in the Middle Western
States, 3.75, and the average for all mutual savings banks is 3.70.

f




REPORT OF THE COMPTROLLER OF THE CURRENCY.

35

STOCK SAYINGS BANKS.

The reporting stock savings banks to the number of 777 are located
in the District of Columbia, North Carolina, South Carolina, Florida,
Iowa, Nebraska, Colorado, and California. The resources of these
banks amount to $477,796,027, approximately 12J per cent of the
total assets of all savings banks. The loans aggregate $334,264,327;
investments in bonds and other securities, $73,999,237; deposits with
other banks, $42,596,610; cash on hand, $11,036,751. The capital
reported is $36,013,455; surplus and undivided profits, $20,855,074;
and deposits, $413,506,879 credited to 950,585 depositors, the average
deposit account being $435. The average rate of interest paid
depositors in this class of banks is estimated at 3.53 per cent. Comparing the stock savings bank returns for the current year with those
of 1907, a decrease in aggregate resources is shown of $30,088,978,
and the decrease in deposits amounts to $26,615,886. The number
of depositors has increased from 911,674 in 1907 to 950,585 in 1908,
an increase of 38,911 during the current year. The number of depositors in this class of banks, however, has been obtained by careful
estimate, as only a part of the reporting banks gave information on
this subject. The large decrease shown in resources and deposits
of stock savings banks of the country is attributable principally to
a decrease of $29,237,091 in resources of California savings banks
since April 17, 1907. The statistics relating to the savings banks of
that State furnished to this office by the state banking board of
California for April 17, 1907, showed resources of $317,433,711, and
for March 14, 1908, of $288,196,620. The same reports showed that
individual deposits in California savings banks had fallen from
$282,508,956 in 1907 to $254,695,083 in 1908, a loss of $27,813,873.
ALL SAVINGS BANKS.

The number of depositors in all savings banks reporting (exclusive of those having accounts in savings departments of state banks
of Illinois) has increased since 1900 from 5,898,091 to 8,088,066, and
the average deposit from $404.33 to $430.16. For the current year
the number of depositors has increased by 105,173, but the average
deposit account appears to have been reduced from $437.86 to
$430.16. The total number of savings depositors, including those in
Illinois state banks having savings departments, has increased from
8,588,811 in 1907 to 8,705,848 in 1908.
In the following table is given a comparative statement of the
number of depositors, amount of deposits, and the average savings
deposit in savings banks in the States named for the years 1907 and
1908. Included in this table are deposits in savings departments of
commercial banks in operation in the State of Illinois, for the reason
that the auditor of public accounts of that State in his periodical
statements reports such deposits separate from deposits subject to
check. The result of the addition of Illinois savings deposits is the
raising of the aggregate savings deposits of the United States to
$3,660,553,945, the number of depositors to 8,705,848, the average
deposit being $420.47.
Compared with 1907 there has been a gain of 38 in the number
of reporting banks, and of 117,037 in the number of depositors.
Deposits show a decrease of $29,525,000, and the average deposit has
fallen from $429.64 in 1907 to $420.47 in 1908.



86

EEPOKT OF THE COMPTKOLLER OF THE CURRENCY.

NUMBER OF SAVINGS DEPOSITORS, AGGREGATE SAVINGS DEPOSITS, AND AVERAGE
AMOUNT DUE TO DEPOSITORS IN SAVINGS BANKS IN EACH STATE IN 1907 AND 1908.
1907 (1,415 banks).

State etc.

Maine

New Hampshire
Vermont
Massachusetts c
Rhode Island
Connecticut c
Total New England States

1908 (1,453 banks).

Average to Num- Number
each ber of of deposdepos- banks.
itors.
itor

Amount of
deposits.

Average to
each
depositor.

52
61
48
189
18
87

$85,502,202
81,639,166
60,493,727
706,940,596
66,590,142
256;?7?,062

$379.43
437.49
378.46
358.55
547.79
473.75

Number of
banks.

Number
of depositors.

Amount of
deposits.

51
55
48
189
d28
88

a 221,883
183,243
154,325
1,908,378
122,319
517,301

$84,394,909 $380.36
81,124,710 442.72
57,444,294 372.23
694,081,142 363.70
66,391,174 542.77
246,264,985 476.06

6 225,346
186,610
159,841
1,971,644
121,561
539,873

3,107,449 1,229,701,214

395.72

455

3,204,875 1,257,537,895

392.38

136
26
13
2
17
12

2,740,808 1,394,296,034
94,211,004
283,689
159,174,012
454,995
8,819,087
31,400
76,798,308
a 217,183
5,618,368
33,034

508.72
332.09
349.84
280.86
353.61
170.08

137
26
14
2
17
/ll

2,719,598 1,378,232,780
92,631,487
282,014
160,638,670
452,638
8,830,296
31.396
78,469,584
213,524
6,054,480
46,871

506.78
328.46
354. 89
281.25
367.50
129.17

206

3,761,109 1,738,916,813

462.34

207

3,746,041 1,724,857,297

460.45

5,350
a 32,770
a 27,336

1,125,481
6,171,535
10,453,470

210.37
188.33
382.40

1
22
18
3

4,858
a 36,492
a 21,698
a 4,209

1,099,489
5,760,337
7,891,789
844,632

226.32
157.85
363.71
200.00

54

65,456

17,750,486

271.18

44

67,257

15,596,247

231.89

99,651
31,361
605,918
6,181
93,152
a 376,783

54,463,676
11,435,176
194,668,858
1,234,606
24,028,724
135,370,436

546.54
364.63
321.27
199.74
257.95
359.28

3

2
14
541

Total Eastern
States

459

3
5

New Yoric
New Jersey
Pennsylvania
Delaware
Maryland «.
Dist. of Columbia

2
14
571

99,668
31,393
617,782
5,799
91,718
a 364,523

53,930,291
11,431,050
181,361,054
1,085,014
21,799,456
132,748,558

541.10
364.13
293.57
187.10
237.68
364.17

565

1,213,046

421,201,476

347.23

595

1,210,883

402,355,423

332.28

11
8

14,862
a 10,775

2,160,715
3,351,285

145.32
311.00

19

25,637

5,512,000

215.00

a 451,155

254,695,083

564.54

8,705,848 3,660,553,945

420.47

West Virginia
North Carolina
South Carolina
Florida

1
22
31

Total Southern
States
Ohio
Indiana
Illinois
Wisconsin
Minnesota
Iowa

W

Total M i d d l e
Western States.
Nebraska
Colorado
Total Western
States.. .
California (total Pacific States)

131

Total U n i t e d
States

1,415

5
00

282,508,956

639.53

133

8,588,811 3,690,078,945

429.64

1,453

a 441,751

a Partially estimated.
& October 27, 1907.
c Returns dated October of the prior year from Massachusetts and Connecticut.
d Includes 11 banks in process of liquidation.
« Unofficial.
/ Exclusive of one bank not reporting on June 30.
Q Included in abstract of State banks having savings departments.

Growth of savings banks in the United States from 1820 to 1908, as
evidenced by the amount of deposits, number of depositors, average
deposit account, and the average per capita in census years from 1820
to 1890 and annually thereafter is shown in the following table. The
figures given, however, include the number of depositors and amount
of deposits in the State banks of Illinois having savings departments
but not the number of such banks, by reason of the fact that general
reports from these institutions are incorporated with State bank
returns.




REPORT OP THE COMPTROLLER OF THE CURRENCY.

37

NUMBER OF SAVINGS BANKS IN THE UNITED STATES, NUMBER OF DEPOSITORS,
AMOUNT OF SAVINGS DEPOSITS, AVERAGE AMOUNT DUE EACH DEPOSITOR IN THE
YEARS 1820, 1825, 1830, 1835, 1840, AND 1845 TO 1908, AND AVERAGE PER CAPITA
IN THE UNITED STATES IN THE YEARS GIVEN.

Year.

1820..
1825..
1830..
1835..
1840..
1845..
1846..
1847..
1848..
1849..
1850..
1851..
1852..
1853..
1854 .
1855..
1856..
1857..
1858..
1859..
I860..
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..
1893..
1894..
1895..
1896..
1897..
1898..
1899..
1900..
1901..
1902..
1903..
1904..
1905..
1906..
1907..
1908«




Number Number of
of banks. depositors.

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
1,030
1,024
1,017
988
980
979
987
1,002
1,007
1,036
1,078
1,157
1,237
1,319
1,415
1,453

8,635
16,931
38,035
60,058
78,701
145,206
158,709
i»7 733
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
4,830,599
4,777, 687
4,875,519
5,065,494
5,201,132
5,385,746
5,687,818
6,107,083
6,358,723
6,666,672
7,035,228
7,305,443
7,696,229
8,027,192
8,588,811
8,705,848

Deposits.

$1,138,57,6
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
149,277,504
146,729,882
169, 434,540
206,235,202
236,280,401
242,619,382
282,455, 794
327,009,452
392,781,813
457,675,050
549,874,358
650,745,442
735,046,805
802,363,609
864,556,902
924,037,304
941,350,255
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
1,785,150,957
1,747,961,280
1,810,597,023
1,907,156,277
1,939,376,035
2,065,631,298
2,230,366,954
2,449,547,885
2,597,094,580
2,750,177,290
2,935,204,845
3,060,178,611
3,261,236,119
3,482,137,198
3,690,078,945
3,660,553,945

a Population estimated at 87,496,000 June 30, 1908.

Average
due each per capita
in the
deposUnited
itor.
States.
$131.86
149 84
183.09
176.72
178.54
168.77
172. 48
168. 46
165.63
165. 99
172.78
182. 06
192. 54
197.82
196, 44
195.29
195.90
200.87
201.24
206. 66
215.13
211.27
215.03
232. 48
242.08
247.35
264. 70
283. 63
299.80
312.04
337.17
342.13
368.82
367. 07
376. 98
391. 56
397. 42
361. 63
366. 50
353.72
350. 71
352. 73
356. 70
356. 29
355. 96
356.56
361. 36
361. 39
355.41
354.40
358. 03
358. 04
358. 20
369. 55
365. 86
371. 36
376. 50
372. 88
383.54
392.13
401.10
408. 30
412.53
417.21
418. 89
423.74
433.79
429.64
420.47

$0.12

1.87

4.75

14.26

16.33

24.35
25.29
26.11
26.63
25.53
25.88
26.68
26.56
27.67
29.24
31.78
33.45
34.89
36.52
37.52
39.17
41.13
42.87
41.84

38

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
INTEREST RATES PAID BY SAVINGS BANKS.

From an examination of the returns submitted with respect to
the rate of interest paid on savings accounts, it will be noted that
the maximum rate is 4.50 per cent, the minimum rate 2.77 percent,
and the estimated average rate 3.622, a slight increase over the
estimated average interest of 3.615 per cent in 1907.
AVERAGE RATES OF INTEREST.

State, etc.
Maine (1907)
New Hampshire
Vermont
Massachusetts (1907)
Rhode Island
Connecticut (1907)..
New York
New Jersey
Pennsylvania
Delaware a
Maryland a
District of Columbia.
West Virginia

!

Rate per
cent.
3.66
3.47
3.73
3.80
4.00
3.68
3.65
3.00
3.50
4.00
3.31
2.77
4.50

State, etc.
North Carolina a
South Carolina
Florida (2 banks) a
Ohio «
Indiana
Illinois (1907)
Iowa a
Minnesota
Wisconsin a
Nebraska
Colorado a
California (114 banks) a

Rate per
cent.
3.77
4.25
3.25
3.833
3.90
3.00
3.95
3.00
4.25
3.50
3.11
3.68

a Unofficial.

An abstract of the reports of condition of the mutual and stock
savings banks by States will be found in Table IV, and a comparative
statement showing the resources and liabilities from 1904 to 1908,
inclusive, in Table VII of the appendix.
PRIVATE BANKS.

Reports from 1,007 private banks with capital of $21,122,836 and
aggregate resources of $161,541,480 have been received and tabulated. The statements submitted are from 29 States, the returns
from 12 States being official and those from the other States from
reports courteously furnished by individual banks and bankers at the
request of this office. Reporting private banks furnished by the
state officials of Utah and South Dakota are incorporated with the
summary of reports of state banks for those States. About 79 per
cent, or 791 of the reporting private banks, are located in the Middle
Western States, the private banks in this section having 63 per cent
of the capital and holding 80 per cent of the deposits of all reporting
banks in this class. Over one-half of the reporting private banks are
located in the three States of Ohio, Indiana, and Illinois, and these
States have 45 per cent of the capital and over 62 per cent of deposits
of all private banks. There are 551 private banks in, the States
named with a capital of $9,695,799, and deposits of $78,990,825.
Iowa has 111 private banks with capital of $2,259,573 and over
$13,100,000 deposits.
Table III in the appendix is an abstract of reports of condition of
private banks by States, and Table VIII a comparative statement
of the resources and liabilities of private banks for each year from
1904 to 1908, inclusive.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

39

LOAN AND TRUST COMPANIES.

Reports received from 842 loan and trust companies show aggregate resources of $2,865,632,876, against 794 companies with aggregate resources of $3,071,419,360 in 1907, a decrease of $205,786,484.
Statistics relating to trust companies in California, however, are
incoporated with the returns for state banks furnished by the board
of bank commissioners of that State, as they are not reported separately. The principal items of resources and liabilities of reporting trust companies for the fiscal year ended June 30, 1908, are,
loans, $1,380,432,218; investments in bonds and other securities,
$775,875,271; cash on hand, $118,398,874; capital stock paid in,
$278,408,759; surplus and undivided profits, $416,039,899; deposits,
$1,866,964,314. Comparing these figures with those submitted for
1907, loans show a decrease of $221,682,337, investments in bonds,
etc., $10,124,399, and deposits $194,658,721. The amount due from
banks and bankers has increased in the sum of $129,595,850, real
estate, furniture, and fixtures by $46,033,751, and cash on hand by
$16,679,359. Capital stock shows an increase of $2,362,678, and
surplus and profits $18,174,873. The most noteworthy decrease
in resources of these companies during the fiscal year ended June
30, 1908, has been in New York. The figures submitted for that
State on June 4, 1907, showed resources aggregating $1,490,760,675.
On June 17 of the present year the resources reported for this class of
corporations in New York was $1,272,732,049, thus showing a loss of
$218,028,626. A later statement published by the superintendent
of banking of that State (August 31) shows that the companies have
gained $82,579,770 since the report of June 17 last, the aggregate
resources on August 31 being $1,355,311,819.
Among other States showing a falling off in resources of loan and
trust companies from the figures reported last year are Pennsylvania,
with a reduction of $36,000,000; Rhode Island, $18,000,000; Missouri,
$11,000,000; and New Jersey, $8,000,000.
While there has been a decrease of nearly $206,000,000 in the aggre
gate resources of loan and trust companies during the current year,
since 1904 they have increased by over $485,000,000. There has been
a large increase in surplus-profits within the past four years, over
$86,250,000 having been accumulated since 1904. The most noteworthy increase has been in cash holdings, which amounted to
$60,621,740 in 1904 and $118,398,874 in 1908, a gain of $57,777,134.
Of the 842 loan and trust companies from which reports have been
received and compiled, 327 with capital of $99,775,439, deposits of
$350,933,374, and aggregate resources of $667,152,633 are located
in the State of Pennsylvania. Indiana reports 91, New York 88,
New Jersey 75, and Massachusetts 52. While the largest amount of
capital is invested in Pennsylvania loan and trust companies, those
in operation in New York have the largest volume of resources, 44
per cent of the resources of all reporting loan and trust companies
being credited to the companies of that State.
Table II in the appendix is an abstract of reports of condition of
loan and trust companies for the present year, arranged by States, and
Table VI is a comparative statement of resources and liabilities for
each year from 1904 to 1908, inclusive.



40

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
CAPITAL STOCK OF NATIONAL AND OTHER BANKS.

On June 30, 1900, the capital stock of all reporting banks of the
United States, state and national, was $1,024,728,675; since that
date it has increased over $732,000,000, amounting on June 30, 1908,
to $1,757,159,203.
Table XI in the appendix shows the amount of capital stock of
national banks on July 15, 1908, and of state, stock savings, private
banks, and loan and trust companies at date of latest report to this
bureau. The aggregate capitalization of the 21,346 banks from
which reports have been received for the current year is as above
stated, $1,757,159,203, against $1,690,869,179 in 1907, a gain of
$66,290,024. Approximately, one-third of the total capital of the
banks of the United States is represented by capital of banks located
in the Eastern States, the total capital of banks in this section
amounting to $571,034,832. The capital of banks located in the
Middle Western States aggregates $496,800,233, or 28 per cent,
and in the Southern States $285,560,101, or over 16 per cent.
The Pacific States are fourth in order of capitalization of banks,
$145,039,243 being the amount reported for that section. Banks
in the New England States have capital aggregating $137,458,520,
and in the Western States $113,327,004. The capital stock of banks
located in the island possessions aggregates $7,939,270. The States
with bank capital aggregating over $100,000,000 are New York, with
$260,091,320, Pennsylvania $225,855,400, Illinois, $117,670,965, and
Ohio $102,618,181. More than one-half of the banking capital of the
New England States is that of the Massachusetts banks, the amount
being $74,099,500. In the Southern States Texas has the largest
aggregate banking capital, the sum of $53,985,278 being credited to
shareholders of all banks in that State, and in the Western States
Kansas has the largest aggregate, or $25,958,350. Over two-thirds
of the banking capital of the Pacific States is held by shareholders in
California banks, the aggregate amount credited to that State being
$97,353,619.
INDIVIDUAL DEPOSITS IN BANKS OF THE UNITED STATES.

In the following table is shown the individual deposits in all reporting banks of the country on or about "June 30,1900,1904 and 1906 to
1908, inclusive, arranged by geographical divisions.
Individual deposits in all reporting banks in 1900 aggregated
$7,238,986,450; for the current year such deposits aggregate
$12,784,511,169, an increase of $5,545,524,719 within the past eight
years, or over 76 per cent. On June 30, 1907, individual deposits in
all reporting banks aggregated $13,099,635,348, or $315,124,179
greater than the amount reported for the current year.




41

REPORT OF THE COMPTROLLER OP THE CURRENCY.
Individual deposits.

Location and class of banks.

1904.

1906.

$8,855,860
939,790,300
163,856,155

$9,377,483
1,074,938,925
237,836,539

$10,925,253
1,168,148,705
328,480,335

$11,735,037
111,334,290
1,229,701,214 ol,257,537,895
336,729,652
315,569 218

1,112,502,315
312,315,225

1,322,152,947
337,743,510

1,507,554,293
361,471,145

1,578,165,903
381,110,397

1,584,441,403
402,658,208

1,424,817,540

1,659,896,457

1,869,025,438

1,959,276,300

1,987,099,611

Eastern States:
341,341,068
State banks
1,149,155,682
Savings banks
10,001,373
Private banks
Loan and trust companies 859,387,639

418,681,510
1.450,476,175
13,098,271
1,279,068,773

554,636,518
1,656,905,727
6,345,649
1,522,758,174

584,241,542
1,738,916,813
6,338,421
1,589,898,063

534,788,038
1,724,857,297
5,546,192
1,403,893,493

3,161,324,729
1,361,827,442

3,740,646,068
1,671,II 7 ,340

3,919,394,839
1,677,730,813

3,669,085,020
1,758,804,482

4,523,152,171

5,411,763,408

5,597,125,652

5,427,889,502

289,572,013
5,259,245
8,920,038
3,758,797

441,020,087
6,143,167
8,660,318
8,234,664

485,277,999
17,750,486
10,486,041
9,517,451

447,029,961
15,596,247
7,918,952
8,780,625

307,510,093
331,159,183

464,058,236
418,240,355

523,031,977
485,417,478

479,325,785
434,489,528

638,669,276

882,298,591

1,008,449,455

913,815,313

993,024,524
166,792,066
60,445,910
79,658,216

1,251,392,081
202,911,288
78,702,262
114,674,829

1,400,562,573
226,532,618
117,635,608
124,920,069

1,358,526,984
220,994,369
101,107,117
129,618,433

1,299,920,716
925,531,104

1,647,680,460
1,081,673,156

1,869,650,868
1,167,226,179

1,810,246,903
1,193,336,291

2,225,451,820

2,729,353,616

3,036,877,047

3,003,583,194

149,002,115

201,080,150

253,614,969

8,063,646

10,502,872
136,874

8,996,570
557,800

237,712,370
5,512,000
7,553,169
9,102,545

157,065,761
214,966,103

211,719,896
294,412,976

263,169,339
344,008,908

259,880,084
331,996,162

372,031,864

006,132,872

607,178,247

591,876,246

195,279,070
221,308,918
5,263,589

263,867,939
205,435,714
5,736,408
34,652,914

& 312,169,068
282,508,956
7,615,585

& 328,465,555
254,695,083
4,547,728

421,851,577
140,206,165

569,692,975
227,762,586

602,293,609
266,130,156

587,708,366
252,030,189

562,057,742

797,455,561

868,423,765

839,738,555

18,281,334

18,542,101

21,048,672

19,272,400

1,006,335

1,196,079

1,256,210

1,236,348

3,096,174

19,287,669

19,738,180

22,304,882

20,508,748

1,266,735,282
2,389,719,954
96,206,049
1,028,232,407

2,073,218,049
2,918,775,329
95,791,454
1,600,322,325

2,741,464,129
3,299,544,601
109,947,509
2,008,937,790

3,068,649,860
3,495,410,087
151,072,225
2,061,623,035

2,937,129,598
3,479,192,891
126,673,158
1,866,964,314

4,780,893,692
2,458,092,758

6,688,107,157
3,312,439,842

8,159,894,029
4,055,873,637

8,776,755,207
4,322,880,141

8,409,959,961
4,374,551,208

New England States:
State "banks
Savings banks
Loan and trust companies
Total
National banks
Grand total

1900.

2,359,885,762
Total
1,073,683,578
National banks
3,433,569,340
Grand total
Southern States:
150,440,319
State banks
17,369,650
Savings banks
5,306,131
Private banks
322,081
Loan and trust companies
Total
173,438,181
201,605,167
National banks
375,043,348
Grand total
Middle Western States:
State banks
561,170,834
Savings banks
122,549,772
Private banks
66,059,342
4,666,532
Loan and trust companies
Total
754,446,480
651,849,201
National banks
Grand total
1,406,295,681
Western States:
State banks
84,873,480
Savings banks
Private banks
8,676,816
Loan and trust companies
Total.
93,550,296
142,760,868
National banks
Grand total
236,311,164
Pacific States:
State banks
118,235,049
Savings banks
160,854,550
Private banks
4,884,885
Loan and trust companies
Total.
283,974,484
75,878,719
National banks
Grand total
359,853,203

Island possessions:
State banks
Private banks
National banks
Grand total, islands
United States and islands:
State banks
Savings banks
Private banks
Loan and trust companies
Total
National banks
Grand total, United
States and islands

1,818,672
1,277,502

1907.

1908.

7,238,986,450 10,000,546,999 12,215,767,666 13,099,635,348 12,784,511,169

a Returns from Connecticut and Massachusetts savings banks for October, 1907.
b Includes loan and trust companies.


42

REPORT OF THE COMPTROLLER OF THE CURRENCY.

During the four-year period ended June 30, 1904, as heretofore
shown, there was an increase of $2,761,000,000 in individual deposits,
or over 38 per cent, and from 1904 to 1908 the increase was approximately $2,784,000,000, or about 28 per cent, the increase since 1900,
as before stated, being over 76 per cent.
The following table shows the amount and per cent of deposits held
by the several classes of banks in 1900, 1907, and 1908:
1907

1900.

1908.

Classification.
Amount. Per cent. Amount.
State banks
Savings banks .
Private banks..
Loan and trust companies
National banks....
Total ..

Millions.
$1,266.7
2,389.7
96.2
1,028.2
2,458.1
7,238.9 !

Per cent. Amount.

Percent.

Millions.

17.5
33.0
1.3
14.2
34.0

Millions.
$3,068.6
3,495.4
151.1
2,061.6
4,322.9

23.4
26.7
1.2
15.7
33.0

$2,937.1
3,479.2
126.7
1,867.0
4,374.5

23.0
27.2
1.0
14.6
34.2

100. n

13,099.6

100.0

12,784.5

100.0

From the foregoing it will be noted that 34.2 per cent of the total
individual deposits is held by national banks, 27.2 per cent by savings
banks, 23 per cent by state banks, 14.6 per cent by loan and trust companies, and only 1 per cent by private banks.
In 1900 national banks held 34 per cent of the aggregate deposits,
while savings banks had 33 per cent and state banks 17.5 per cent.
It would therefore appear that state banks have made the largest
gains in deposits during the past eight years, apparently at the expense of the savings banks. The proportion of individual deposits
held by loan and trust companies m 1900 was 14.2 per cent and in
1908 14.6 per cent.
The following table shows the amount of individual deposits in
national and other reporting banks by geographical divisions on or
about June 30, 1907 and 1908, together with the amount and per
cent of increase or decrease:
Individua L deposits.
Geographical division.
1907.

New England States...
Eastern States
Southern States
Middle Western States
Western States
Pacific States
Islands
Total
a Increase.

1908.

Decrease.

Millions.
$1,959.3
5,597.1
1,008. 4
3,036.9
607.2
868.4
22.3

Millions.
$1,987.1
b, 427. 9
913 8
3,003.6
'591 9
839.7
20.5

Millions,
a $27. 8
169.2
94 6
33.3
15 3
28.7
1.8

13,099.6

12, 784. 5

Per cent
of decrease.

c315.1

& Per cent of increase.

&1 42
3.11
9 38
1.10
2 52
3.30
8.07
2.41

c Net decrease.

Every section of the country shows a decrease in individual deposits with the exception of the New England States, where an increase of $27,800,000 is shown, but it should be stated that the
latest returns from Massachusetts and Connecticut are for October,
1907. The net decrease in individual deposits for the whole country
was $315,100,000, thedecrease in theEasternStatesbeing$169,200,000,
Southern States $94,600,000, Middle Western States $33,300,000,



REPORT OF THE COMPTROLLER OF THE CURRENCY.

43

Pacific States $28,700,000, and Western States $15,300,000. Eeferring to the New England States, an analysis of the returns submitted
for this section shows that individual deposits in national banks
increased during the fiscal year $21,500,000, and in savings banks
by $27,800,000, while deposits in loan and trust companies decreased
in the sum of $21,100,000, and in State banks by only $401,000.
The percentage of decrease of individual deposits of the country
compared with 1907 is 2.41 per cent. In the New England States
an increase of 1.42 per cent is noted. There was a decrease of 9.38
per cent in the Southern States, 8.07 per cent in the island possessions, 3.30 per cent in the Pacific States, 3.11 per cent in the Eastern
States, 2.52 per cent in the Western States, and only 1.10 per cent in
the Middle Western States. In the Southern States, where the largest
per cent of loss in deposits is indicated, national banks appear to
have lost 10 per cent and other banks 8 per cent as compared with
1907.
National banks in the Eastern States gained in deposits during
the year ended June 30, 1908, approximately 5 per cent, while the
loss in deposit accounts sustained by other banks in that section wTas
more than 6 per cent. In this connection it appears that state
banks lost about 8 per cent, loan and trust companies nearly 12 per
cent, and savings banks only eight-tenths of 1 per cent of individual
deposits. In the Middle Western States national banks gained
2.2 per cent while other banks lost about 3.2 per cent. National
banks in the Western States lost over 3 per cent, while deposits in
other banks of this section show only a decrease of 1J- per cent from
the percentage in 1907. The returns from the Pacific States show
that national banks lost over 5 per cent in that section while individual deposits in other banks decreased only 2.4 per cent.
The following comparative statement shows the increase in population, individual deposits, and money in circulation in the United
States for 1900, 1907, and 1908:
Increase 1900 to
1908.
1900.

1907.

1908.
Amount.

Millions. Millions.
76.3
86.0
$7,235.9 $13,077.3
$2,055.2 $2,773. 0

Population
Deposits (individual)
Money in circulation
a Decrease.

Increase 1907 to
1908.

Millions.
11.1
$5,528.1
$982.8

Per ct.
Millions.
14.54
87.4
76.40 $12,764. 0
47.82 $3,038.0

Amount.
Millions.
1.4
a$313.3
$265. 0

Per ct.
1.63
&2.39
9.55

b Per cent of decrease.

In connection with the deposits in national banks, the following
comparative statement is of interest, showing, on or about July 1,
1896, 1900, and 1908, the amount of individual deposits, the average
deposit account, the number of depositors (estimated for 1900 and
1908), and number of shareholders in 1896, together with the estimated number in 1900 and 1908:
Year.
1896
1900
1908




Average
Individual de- Number of deposit ac- Number of
shareposits.
depositors.
count
holders.
$1,668,413,507
2,550,659,557
4,374,551,208

2,435,625
3,470,285
5,593,927

$685
735
782

288,902
292,215
404.021

44

BEPOET OF THE COMPTBOLLER OF THE CUEEENCY.
MONEY IN BANKS OF THE UNITED STATES.

On or about June 30, 1908, the banks of the country had on hand
$1,368,329,683 against $1,113,742,316 in 1907, a gain of $254,587,367
during the year. About two-thirds of the cash holdings of the banks
of the country is in national banks, as will be seen from the following
table showing the amount of coin and other money in the United
States oa or about June 30, 1908, held by national and other banks,
including those in the island possessions:
GOLD AND OTHER MONEY HELD BY NATIONAL BANKS ON JULY 15, 1908, AND BY OTHER
REPORTING BANKS AND BANKERS ON OR ABOUT JUNE 30, 1908.
National
All other
Total all banks
banks (6,824). banks (14,522).
(21,346).

Classification.
Gold coin
Gold Treasury certificates
Gold Treasury certificates to order.
Gold clearing-house certificates
Silver dollars
Silver; fractional
Silver Treasury certificates
Legal tender
National-bank notes
Fractional paper currency, etc
Specie (not classified)
Cash (not classified)

$153,582,996
241,445,400
51,590,000
57,324,000
13,521,001
15,515,835
123,478,641
192,560,877
37,481,072
2,713,572

$28,996,851
21,443,169
oll,173,731
13,855,438
86,964,436
13,555,118
125,852,784
& 177,274,762

889,213,394

Total.

479,116,289 I

$182, 579,847
262, 888,569
51, 590,000
57, 324,000
24, 694,732
15, 515,835
137; 334,079
279, 525,313
51, 036,190
2, 713,572
125, 852,784
177,,274,762
1,368,329,683

a Includes fractional currency.
* Includes $250,948 Banco Espanol Filipino notes and $2,606,805 in Philippine currency.
>

The following table shows the cash holdings of banks in 1907 and
1908 and the amount of increase, geographically arranged:
Increase.

1907.

New England States
Eastern States
Southern States
Middle Western States.
Western States
Pacific States
Islands
Total
a Decrease.

.

.

.

1908.

Millions.
$63.5
519.2
87.2
305.8
55.2
75.6
7.2

Millions.
$76.2
656.6
95.8
367.0
67.0
100.3
5.4

Millions.
$12.7
137.4
8.6
61.2
11.8
24.7
al.8

1,113.7

Geographical division.

1,368.3

b 254. 6

& Net increase.

From the foregoing it appears that the banks in the New England
States held cash, on or about June 30, 1908, to the amount of
$76,200,000; Eastern States, $656,600,000; Southern States,
$95,800,000; Middle Western States, $367,000,000; Western States,
$67,000,000; Pacific States, $100,000,000; and island possessions
$5,400,000. The banks of the country, including island possessions,
increased their cash holdings during the year over $254,000,000; of this
amount the Eastern States gained $137,400,000, and of the latter
sum $117,700,000 went to banks in the city of New York. The
Middle Western States gained $61,200,000; Pacific States, $24,700,000;
New England States, $12,700,000; Western States, $11,800,000;



45

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

and the Southern States, $8,600,000, the island possessions showing
a decrease in cash holdings of $1,800,000.
The geographical distribution of money in the banks of the United
States in 1900, 1904, 1907, and 1908 is shown in the following table:
1904.

1900.
Division.

1907.

1908.

Amount.

Total

Amount.

Per
cent.

Amount.

Per
cent.

Amount.

Millions.
$61.9
369.1
47.8
195.2
31.8
44.1

8.25
49.22
6.37
26.03
4.25
5.88

Millions.
$59.2
497.3
68.9
261.9
42.4
53.2

6.02
50.60
7.01
26.65
4.31
5.41

Millions.
$63.5
519.2
87.2
305.8
55.2
75.6

5.74
46.92
7.88
27.64
4.99
6.83

Millions.
$76.2
656.5
95.8
367.0
67.1
100.3

5.50
48.17
7.03
26.93
4.93
7.35

749.9

New England States
Eastern States
Southern States
Middle Western States.
Western States
Pacific States

Per
cent.

100.00

982.9

100.00

1,106.5

100.00

1,362.9

100.00

Per
cent.

In noting the distribution of cash holdings of banks of the United
States it will be observed from the foregoing that over 48 per cent
of the aggregate is in banks of the Eastern States and nearly 27
per cent in those of the Middle Western States. The proportion of
cash in the bank vaults of the Eastern States has varied during the
past eight years going as low as 45.71 in 1906 and rising to 50.60 in
1904. In 1896, banks of the Eastern States held 49.30 per cent of
the aggregate cash holdings; in 1900 they had 49.22 per cent; in 1901
this proportion had dropped to 48.14, again falling in 1902 to 46.61
and in 1903 to 46.01; in 1904 it rose to 50.60 and in 1905 fell to
47.75, and again in 1906 down to 45.71. In 1907 the percentage
increased to 46.92, rising to 48.17 for the present year.
In the appendix, Table XV, is shown the amount of gold, silver,
aper currency, and cash not classified held by national and other
anks on or about June 30, 1908, arranged by States and geographical divisions. It will be noted that of the $1,368,300,000 cash in
the banks of the country on June 30 $515,800,000 was in banks
located in the State of New York, or nearly 38 per cent of the aggregate cash holdings of all banks.
In connection with the foregoing statistics relating to cash holdings of the banks the following table, showing deposits and cash
holdings of the several classes of reporting banks on or about June
30, 1908, together with the percentage of cash to deposits in 1907
and 1908, will be found of interest:

E

Banks.

National banks
State banks
. .
Savings banks
Private banks
Loan and trust companies
Total




Individual Cash on
deposits. hand.
Millions. Millions.
$889.2
U, 374.5
2,937.1
308.7
3,479.2
43.5
126.7
8.5
118.4
1,867.0
12,784.5

1,368.3

Ratio of cash to deposits.
1907.
P.ct.

1908.

P.ct.
16.70

P.ct.

Per cent.
20.33

8.28 j
f 10.51
.78
1 1.25
5.76 1 5.60 1 6.71 1
{ 6.34
4.93

J

8.50

J

5.70
10.70

46

REPORT OF THE COMPTROLLER OF THE CURRENCY.

In 1907 the percentage of cash holdings of all banks to individual
deposits was 8.50 per cent; on or about June 30 of the current year
the banks of the country held in their vaults 10.70 per cent to meet
the demands of depositors. From the figures submitted it appears
that national banks increased their percentage of cash holdings to
individual deposits from 16.70 to 20.33; state banks from 8.28 to
10.51, private banks from 5.76 to 6.71, loan and trust companies
from 4.93 to 6.34, and savings banks from 0.78 to 1.25 per cent.
In the following table is shown the distribution of money in the
United States, giving the amount in Treasury as assets, in reporting
banks, and elsewhere, from June 30, 1892, to 1908:
DISTRIBUTION OP MONEY IN THE UNITED STATES.

Year.

1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908

In circulation,
other money exclusive of coin
Treasury or and other money
in Treasury as,
assets.

Coin and other Coin and
Coin and other
Coin and money in Treas- money in reportnot in
other
ury as assets.**
ing banks. &
banks.
money
in the
United
States.
Ppr
Per
Amount. cent. Amount.: cent. Amount.

Per
cent.

Millions. Millions.
$150.9
$1,752.2
142.1
1,738.8
144.2
1,805.0
217.4
1,819.3
293.5
1,799.9
265.7
1,905.9
235.7
2,073.5
286.0
2,190.0
284.6
2,339.7
307.8
2,483.1
313.9
2,563.2
317.0
2,684.7
284.3
2,803.5
295.2
2,883.1
333.3
3,069.9
342.6
3,115.6
340.8
3,378.8

Millions.
57.92 $15.50 $1,601.3
1,596.7
62.15 16.14
1,660.8
53.84
14.21
1,601.9
53.36
13.89
54.14
13.65 1,506.4
1,640.2
53.09
13.87
55.46
15.43 1,837.8
53.92
15.51 1,904.0
55.79
17.11 2,055.1
55.59
17.75 2,175.3
55.07
17.90 2,249.3
56.61 18.88 2,367.7
54.80
18.77 2,519.2
55.49
19.22 2,587.9
56.22 20.39 2,736.6
53.49
19.36 2,773.0
49.58 19.15 3,038.0

8.60
8.17
7.99
11.95
16.31
13.95
11.37
13.06
12.16
12.39
12.24
11.80
10.14
10.24
10.86
11.00
10.08

Millions.
$586.4
515.9
688.9
631.1
531.8
628.2
687.7
723.2
749.9
794.9
837.9
848.0
982.9
987.8
1,010.7
1,106. 5
1,302.9

Millions.
33.48 $1,014.9
29.68 1,080.8
971.9
38.17
970.8
34.69
974.6
29.55
1,012.0
32.96
33.17 1,150.1
1,180.8
33.02
32.05 1,305.2
1,380.4
32.02
1,411.4
32.69
1,519.7
31.59
1,536.3
35.06
1,600.1
34.27
1,725.9
32.92
35.51 1,666. 5
40.34 1,675.1

Per
Per Amount.
capita.
capita.
$24.44
23.85
24.28
22.93
21.10
22.49
24.66
25.01
26.94
27.98
28.43
29.42
30.77
31.08
32.32
32.22
34.72

a Public money in national bank depositaries to the credit of the Treasurer of the United States not
Included.
z Money in banks of island possessions not included.
>

The stock of money in the United States on June 30, 1907, was
$3,115,600,000. On July 1 of the present year it was reported at
$3,378,800,000, being an increase of $263,200,000. Of the total stock
of money in the country, 10.08 per cent is held in the Treasury as
assets, 40.34 per cent is in reporting banks, and 49.58 per cent elsewhere, the per capita not in the Treasury or banks being $19.15, or
21 cents less than in 1907. The amount of money in circulation,
exclusive of coin and other money in Treasury as assets, but including
money in reporting banks, is $3,038,000,000, or a per capita of $34.72
as against $32.22 in 1907.




47

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The general stock of money in the United States at the close of the
year ended October 31, 1908, was $3,381,079,734, an increase during
the year of $232,302,823. As shown in the following table, the stock
of gold was increased to the extent of $159,615,899; bank notes
$55,863,726; silver $17,731,198:
COMPARATIVE STATEMENT RELATIVE TO CIRCULATION AT CLOSE OF BUSINESS NOVEMBER 1, 1907, WITH NOVEMBER 2, 1908, WITH CHANGES DURING THE INTERVAL.
General stock of money in the United States.**
Changes,
( + ) increase;
(—) decrease.

Nov. 1, 1907.

Total

$1, 489,742,845

$1,649,358,744

562,636,982

563,554,812

+

917,830

134,122,602
5,613,000
346,681,016
609,980,466

150,935,970
4,705,000
346,681,016
665,844,192

+
-

16,813,368
908,000

+

55,863,726

3,148,776,911

Gold coin (including bullion in Treasury)
Gold certificates
Standard silver dollars
Silver certificates
Subsidiary silver
Treasury notes of 1890
United States notes
.
National-bank notes

Nov. 2, 1908.

3,381,079,734

+$159,615,899

-1- 232,302,823

Held in Treasury as assets of the Government. &

Nov. 1, 1907.

Gold coin (including bullion in Treasury)
Gold certificates
Standard silver dollars
Silver certificates .
.
Subsidiary silver
Treasury notes of 1890
United States notes
National-bank notes

Nov. 2, 1908.

Changes,
( + ) increase,
(—) decrease.

$188,480,313
43,571,480
21,567
4,893,158
19,272,269
13,775
3,686,960
22,642,191

+$21,834,423
- 27,770,480
- 2,265,456
- 2,284,274
+ 12,610,896
+
2,701
+
260,097
+ 7,785,591

272,408,215

Total

$166,645,890
71,341,960
2,287,023
7,177,432
6,661,373
11,074
3,426,863
14,856,600

282,581,713

+ 10,173,498

Money in circulation.

Nov. 1, 1907.

Gold coin (including bullion in Treasury)
Gold certificates
Standard silver dollars
.
Silver certificates
Subsidiary silver
Treasury notes of 1890
United States notes
National-bank notes
Total

.

Nov. 2, 1908.

Changes,
( + ) increase,
(—) decrease.

$574,459,086
677,295,909
88,822,959
464,349,568
127,461,229
5,601,926
343,254,153
595,123,866

$610,060,562
807,246,389
74,740,245
483,899,842
131,663,701
4,691,225
342,994,056
643,202,001

+ $35,601,476
+ 129,950,480
- 14,082,714
+ 19,550,274
+
4,202,472
910,701
+
260,097
+ 48,078,135

2,876,368,696

3,098,498,021

+ 222,129,325

a A revised estimate by the Director of the Mint of the stock of gold coin was adopted in the statement
for August 1, 1907. There was a reduction of $135,000,000.
6 For redemption of outstanding certificates an exact equivalent in amount of the appropriate kinds
of money is held in the Treasury, and is not included in the account of money held as assets of the Government. This statement of money held in the Treasury as assets of the Government does not include
deposits of public money in national-bank depositaries to the credit of the Treasurer of the United States.
NOTE.—Population of the United States November 2, 1908, estimated at 87,971,000; circulation per
capita ; $35.22.




48

REPORT OF THE COMPTROLLER OF THE CURRENCY.
LOANS OF NATIONAL AND OTHER BANKS.

The following table shows the amount of loans in national and
other reporting banks, by geographical divisions, on or about June
30, 1907 and 1908, together with the amount and per cent of increase
or decrease:
Loans.
Geographical division.

Decrease.
1907.

1908.
Amount.

New England States
Eastern States
Southern States
Middle Western States
Western States
Pacific States
Islands
Total..

I Millions.
| $1,391.3
4,211.2
1,106. 7
2,802. 0
513.1
718.6
21.0
10,76.3.9 !

Millions.
$1,384.9
4,104.3
1,039.9

Per cent.

508.7
687.4
19.5

Millions.
§6.4
106.9
66.8
108.7
4.4
31.2
1.5

0.46
2.54
6.03
3.88
.85
4.34
7.14

10,438.0

325.9

3.02

2,693. 3

From this statement it is shown that reporting banks of the country
have decreased their loans during the current year by $325,900,000,
or 3.02 per cent. With the exception of the island possessions, the
largest percentage of decrease has been in the banks of the Southern
States, 6.03 per cent. The loans of the banks of the Pacific States
have decreased by 4.34 per cent; those in the Middle Westerti
States, 3.88; in the Eastern States, 2.54; while in the Western States
and the New England States the decrease has been only 0.46 and
0.85 per cent, respectively.
BANK RESOURCES.

Bank resources have more than doubled since 1900, but for the
current year they show a decrease of about one-third of one per
cent. The resources of all reporting banks on June 30, 1908, aggregated $19,583,410,393; in 1907 the aggregate resources were
$19,645,015,950, a loss of $61,605,557 during the current year. In
1900 the bank resources of the country aggregated $9,146,017,917, the
increase since that date amounting to $10,437,392,476, or 114 per
cent. Table X I I in the appendix shows the average per capita of
resources of each class of banks, state and national, and the per
capita of all banks, arranged by States and geographical sections. I t
appears that the average per capita of bank resources of the United
States, exclusive of the island possessions, is $224.15. In 1907, it was
estimated at $228.58, and in 1900, including Hawaii in the estimate,
it was $118.42. Geographically, the Eastern States are first with
$428.22; New England second, $415.57; Pacific States third, $334.41;
Middle Western fourth with $180.77, and the Western and Southern
States, fifth and sixth, with $142.39 and $65.30, respectively. In
1900 the New England States had the highest per capita resources, or
$312.30. The Eastern States had $251.10, the Pacific States, $147.01,
the Middle Western States, $75; the Western States, $60.16, and
the Southern States, $24.94. The State having the largest bank



KEPORT OF THE COMPTROLLER OF THE CURRENCY.

49

resources is New York, the amount per capita in that State being
$637.27; Massachusetts is second with $486.30, and California
third with $478.04. In the Southern States, West Virginia is first in
per capita with $113.10; Louisiana second with $94.51, and Virginia
third with $84.73. The largest per capita in the Middle Western
States is in Ohio, $208.18; and Colorado, with $235.01, has the largest
per capita in the Western States.
BANKS AND BANKING IN THE ISLAND POSSESSIONS.
PHILIPPINES.

The treasurer of the Philippine Archipelago is required by law-to
make examinations of the banking institutions of the Philippines
and to obtain from them periodical statements of their condition.
These statements are forwarded to the Insular Bureau of the War
Department, and the reports of condition under dates of March 30
and June 30 of the present year have been submitted by that bureau
to this office for use in connection with this report, those for the
latter date being received too late to incorporate in the general summary of the reports of the banks of the country. On March 31, 1908,
there were in operation in the Philippines the following banks which
made reports to the insular treasurer, viz: Banco Espanol-Filipino
at Manila and the Iloilo sub agency; the Manila agency, and the Cebu
sub agency of the Chartered Bank of India, Australia, and China; the
Manila agency and Iloilo sub agency of the Hongkong and Shanghai
Banking Corporation; the Manila agency and the Cebu subagency
of the International Banking Corporation; the Monte de Piedad
Savings Bank at Manila; the Bank of Zamboanga—in all, ten banking institutions.
A summary of the returns from the Philippine banks on March 31,
also that for June 30, 1908, together with individual statements
made to the treasurer of the Philippines under those dates, appears in
the appendix. From the compilation of returns for March 31, 1908,
it appears that the resources of the 10 banking institutions named
aggregate $21,816,753, or an increase of $2,256,341 as compared with
returns of June 29, 1907. The principal items of resources and
liabilities are:
Loans and discounts, including overdrafts
Philippine and other currency
Due from banks and agencies
Capital stock paid in
Surplus and undivided profits
Bank notes outstanding
Deposits, including deposits of insular treasurer
Bank deposits

$11, 058, 370
2, 942, 750
2, 815,422
2,161, 255
1, 364, 821
784,443
9, 711, 688
5,466,073

Comparing these returns with those submitted in June, 1907, loans
and discounts show an increase of $1,308,878; surplus and profits an
increase of $45,247, and deposits an increase of $539,393, while currency in bank has decreased in the sum of $1,424,418.
The Bureau of Insular Affairs, War Department, advises that—
The Spanish-Filipino Bank dispute has been settled through an agreement by
which all claims and exclusive privileges and notes issued beyond the amount approved
by the American Government are abandoned, but, on the other hand, the bank
receives a confirmation without litigation of important privileges. The circulation
to be allowed the bank is for the present ^2,400,000, representing the paid in and
62280—CUE 1908
i



50

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

unimpaired capital and surplus, and $600,000 to be secured by deposit of approved
bonds and stocks. If the bank increases its capital up to $10,000,000 the circulation may be increased correspondingly, but not in any event to exceed $9,000,000
The circulation issued upon the capital and surplus is to be taxed one-half of 1 per
cent per annum, while the circulation, based upon the securities, will be taxed 1
per cent per annum. The circulating notes from January 1, 1908, are to constitute a
preferred lien on the assets, and will be issued to the bank by the treasurer of the
Philippine Islands. While the Government has reserved the right to incorporate other
banks, the provision is made that no bank shall be authorized to issue circulating notes
in the Philippine Islands with a capital and surplus of less than $2,000,000.
AGRICULTURAL BANK OP THE PHILIPPINE GOVERNMENT.

The Philippine legislature on June 18, 1908, passed an act, byauthority of the United States, creating a government agricultural
bank and appropriating 1,000,000 pesos as the capital. The act
went into effect on July 1, 1908, and reads as follows:
SECTION 1. An agricultural banking corporation, to be known as the " Agricultural
Bank of the Philippine Government," is hereby created and established, with its
principal office and place of business in the city of Manila.
SEC. 2 The sum of one million pesos is hereby appropriated out of any of the general
funds of the insular treasury not otherwise appropriated, as and for the capital of said
bank.
SEC. 3. The Agricultural Bank of the Philippine Government is hereby authorized
to receive deposits of funds of provinces, municipalities, the Postal Savings Bank,
societies, corporations, and private persons, and the Postal Savings Bank and provincial and municipal governments are hereby authorized to make such deposits. Interest
to be paid by said bank on deposits so made shall not exceed four per centum per
annum.
SEC. 4. The affairs and business of said bank shall be administered by a board of
directors, composed of the secretary of finance and justice and in his absence or in the
case of his disability the acting secretary of finance and justice, the insular treasurer
and in his absence or in the case of his disability the acting insular treasurer, and
three citizens of the Philippine Islands or of the United States, resident within the
Philippine Islands, who shall be appointed by the Governor-General by and with
the advice and consent of the Philippine Commission. The secretary of finance and
justice and in his absence or in case of his disability the acting secretary of finance
and justice shall be ex officio president of the board of directors. Three members of
the board of directors shall constitute a quorum at any meeting thereof.
SEC. 5. The insular treasurer and in his absence or in case of his disability the
acting insular treasurer shall be the manager of said bank, and shall perform the
duties of his office in accordance with this act and the by-laws of saia bank duly
adopted as hereinafter provided.
The official bond of the insular treasurer, and in his absence or incase of his disability
that of the acting insular treasurer, shall be liable for the faithful performance of the
duties of such insular treasurer or acting insular treasurer when acting as manager of
said bank.
SEC. 6. With the approval of the governor-general, the insular treasurer is authorized to constitute provincial and municipal treasurers agents of said bank, and they
shall render such services in the operation of said bank as may be required of them by
the insular treasurer. When constituted agents of said bank, provincial and municipal
treasurers are charged with official responsibility, and their bonds shall be liable for
the faithful performance of their duties as such agents and for the safe-keeping and
accounting for any money or property of said bank confided to their custody.
The governor-general may, on request of the board of directors of said bank or of
the manager thereof, require any officer or employee of the government to perform
any service or render any assistance to said bank which he, the said governor-general,
may deem proper.
Subject to the civil-service act and rules and the by-laws of said bank, the manager
of the bank is authorized to appoint such other personnel as may be necessarily required
for the proper operation of said bank. The personnel so appointed by the manager of
said bank shall perform the duties and receive the salaries prescribed in the by-laws.
SEC. 7. The attorney-general shall be the legal adviser of said bank, and shall
render such legal services to said bank as may be required of him by the manager of



REPORT OF THE COMPTROLLER OF THE CURRENCY.

51

said bank or by the board of directors thereof. In the performance of his duties, the
attorney-general is authorized to require such services from the provincial fiscals as
to him may seem best in the interest of said bank.
SEC. 8. The board of directors is empowered to adopt such by-laws, not in conflict
with this act, as may be proper for the prudent and successful operation of said bank,
and to amend or repeal the same: Provided, That such by-laws, or any amendment or
repeal thereof, shall not take effect until the same shall have received the approval
of the governor-general.
SEC. 9. The members of the board of directors, appointed as such by the governorgeneral, shall each receive for each day of meeting of the board actually attended the
sum of ten pesos.
SEC. 10. The bank may make loans only for the payment or satisfaction of incumbrances on agricultural lands, for the construction of drainage and irrigation works,
and for the purchase of fertilizers, agricultural seeds, machinery, implements, and
animals, to be used exclusively by the borrower for agricultural purposes, and no
loan shall be made by said bank to any person or corporation not engaged in agricultural pursuits.
SEC. 11. No loan shall be made except upon resolution of the board of directors.
No person or corporation shall be permitted to borrow less than fifty pesos nor more
than twenty-five thousand pesos: Provided, however, That fifty per centum of the
capital of said bank shall be set apart for loans of not more than five thousand pesos
to any one person or corporation.
SEC. 12. No loan shall be made except—
(a) Upon the security of a first mortgage on unincumbered improved urban property
or upon unincumbered agricultural land, not to exceed forty per centum of the value
thereof. No loan shall be made unless the attorney-general shall have certified and
the board of directors shall be satisfied that the real estate offered as security for the
loan is free from all incumbrances and that the title thereto is in the mortgagor. All
mortgages shall contain a covenant requiring the mortgagor to insure for the benefit of
the mortgagee all buildings of strong materials on the property to the amount of their
value as fixed by the board of directors.
(b) Upon the security of a chattel mortgage to the bank on crops already harvested,
gathered, and stored: Provided, however, That no loan on the security of such crops so
harvested, gathered, and stored as aforesaid shall exceed forty per centum of the
market value thereof on the date of the loan. The property mortgaged shall be
insured by the mortgagor for the benefit of the mortgagee to the full amount of the
loan.
SEC. 13. All mortgages on real property and chattel mortgages on harvested, gathered, and stored crops shall be registered with the register of deeds in the jurisdiction
where situate, and it shall be the duty of the register of deeds to indorse on such real
or chattel mortgage, and on his record thereof, the date and hour of its reception, and
such registration with the register of deeds of such real or chattel mortgage shall be
notice to all the world of the lien created by such mortgage and of the terms and
conditions thereof. The expenses of registration shall be paid by the borrower.
SEC. 14. The bank shall not exact more than ten per centum per annum on any loan
made by it.
SEC. 15. Loans shall not be made for a period exceeding ten years, and may be
made payable in installments as the board of directors may determine in each case.
SEC. 16. No fee or charge of any kind whatsoever by way of commission shall be
exacted or paid for granting or obtaining loans, and any official of the bank exacting,
demanding, or receiving any fee for service in obtaining a loan or for the use of his
influence to obtain a loan shall be punished by imprisonment for not less than one
year nor more than five years, in the discretion of the court.
SEC. 17. Within one year after foreclosure sale of property has been accomplished
the mortgagor of the property shall have the right to redeem said property from the
bank upon payment of the amount found due by the court in the decree of foreclosure,
with interest thereon at the rate specified in the mortgage, together with all costs
incurred by the bank by reason of the foreclosure and sale and the care of the property.
SEC. 18. The agricultural banking corporation provided for in this act shall have the
general powers mentioned in section thirteen of "The Corporation Law," which are
not in conflict or inconsistent with the provisions of this act.
SEC. 19. All acts or parts of acts inconsistent with the provisions of this act are
hereby repealed.
SEC. 20. This act shall take effect on July first, nineteen hundred and eight.




52

REPOBT OF THE COMPTROLLER OF THE CURRENCY.
POSTAL SAVINGS BANKS IN THE PHILIPPINE ISLANDS.

The general information and statistics herewith submitted are taken
from the report of the director of posts of the Philippine Islands for
the fiscal year ended June 30, 1908.
At the close of the year there were in operation 245 banks with
deposits of 1,031,994.04 pesos, representing 5,389 accounts, as against
235 banks and deposits of 510,100.64 pesos in 1907. Deposits
by the Filipinos represent about 44 per cent of the total, an increase
or about 10 per cent from these people as compared with the prior
year. About 50 per cent of the deposits belong to Americans and the
remainder to Europeans, Asiatics, and local societies.
The resources and liabilities of the postal savings banks on June 30,
1908, were as follows:
RESOURCES.

Loans on real estate
Philippine Railway bonds
Deposits in banks
Cash deposited in treasury
Cash in hands of postmaster
Accrued interest outstanding

*

Total

f*86, 625.00
249, 515. 55
620,000.00
39,000.00
47,458. 39
17,066.86
1,059,665. 80

LIABILITIES

Deposits and interest
Stamps outstanding
Unapportioned interest

1,031, 994.04
1,344. 50
26, 327. 26

Total

1,059, 665. 80

Interest at the rate of 10 per cent is charged on real-estate loans.
The Philippine Railroad bonds bear interest at the rate of 4 per cent,
and the deposits in banks draw interest at the rate of 3§ per cent.
The director recommends that the rate of interest on real-estate loans
be reduced to 8 per cent, as the existing rate is so high that the banks
have thus far been unable to loan satisfactorily to the full amount on
the security of real estate.
PORTO RICO.

Through the courtesy of Hon. Samuel D. tiromer, this office has
been placed in possession of a statement showing the condition of
the banks in the island of Porto Rico. There are in the island 10
banking institutions, one of which being a national banking association. The aggregate capital stock of these banks is $2,125,514,
which includes $575,215 due by stockholders of two of the territorial
banks. The principal items of resources and liabilities of the nine
territorial banks are:
Loans
Stocks, bonds, and securities
Due from banks and bankers
Cash in banks
Capital stock
Surplus and undivided profits
Deposits
Bank deposits
Aggregate resources



$3, 841,912
1,942, 774
751,529
1,708,082
2,025, 514
714,425
5,940,587
237,482
10,417,624

REPORT OF THE COMPTROLLER OF THE CURRENCY.

53

The aggregate resources of the reporting banks of the island
(including the national bank) have increased over 100 per cent
since 1902, when the eight incorporated banks then in operation
had capital of $1,417,725, deposits $2,489,449, and assets $5,359,189.
The First National Bank of Porto Rico at San Juan was chartered
November 10, 1902, with a board of directors who are citizens of the
United States and the requisite proportion residents also of the island.
HAWAII.

Unofficial reports have been compiled from seven territorial and
private banks in operation in the Territory of Hawaii. The aggregate paid-in capital of these banks as shown by reports at latest dates
obtainable is $3,042,500, individual deposits $3,620,125, and aggregate resources $7,274,785. In addition there were in operation on
May 14, 1908, four national banking associations, with capital of
$610,000, individual deposits $980,736, United States deposits
$104,678, and aggregate resources $2,388,612, the total resources
of all reporting banks, private, territorial, and national, being
$9,663,397. Two territorial banks with capital of $700,000 report
dividends paid during the year amounting to $56,000, or 8 per cent.
These two banks report 4,601 depositors, and the average rate of
interest paid on deposits, 4.37 per cent. Only two territorial banks
in Hawaii responded to the request of this office for reports, and
statements relating to the five other banks in Hawaii were taken
from a periodical, and are necessarily incomplete as to details
STATE AND PRIVATE BANK FAILURES.

The Bradstreet Commercial Agency has courteously furnished this
office with information relating to the number, assets, and liabilities
of the State and private banks wind 1 failed in the year ended June
30, 1908. From this statement it appears that there were 132 failures during the year, the assets of the banks being $177,073,348 and
liabilities $209,835,443. The number of failures reported during the
fiscal year exceed those of any previous year since 1893 and the liabilities are greater than in any other year since 1864, when these statistics begin. For the year ended June 30, 1907, there were 34 failures of banks of this character with assets of $13,037,497 and liabilities of $22,165,448. Included in the 132 failures in 1908 are 42 State
banks, 12 savings banks, 25 trust companies, and 53 private banks.
The failures by geographical sections were as follows: Three hi the
New England States, with liabilities of $24,550,000; 43 in the Eastern
States, with liabilities of $138,710,900; 29 in the Southern States, with
liabilities of $11,054,702; 29 in the Middle Western States, with liabilities of $9,268,369; 7 in the Western States, with liabilities of
$7,660,000; and 21 in the Pacific States, with liabilities of $22,591,472.
There were 32 failures in the State of New York among this class of
banks, the assets of which aggregated $114,119,000 and liabilities
$133,400,900. Of the failures in that State 7 were State banks
with liabilities of $33,996,600; 4 trust companies, with liabilities of
$95,290,000; and 21 private banks, with liabilities of $24,114,300.



KEPOBT OF THE COMPTKOLLER OF THE CURRENCY.

Statistics relating to the number of failures of banks other than
national for each year from 1864 to 1908 are presented herewith:
NUMBER OF FAILURES, CAPITAL, ASSETS, LIABILITIES, AND DIVIDENDS PAID BY
STATE AND PRIVATE BANKS THAT FAILED IN EACH YEAR FROM 1864 TO 1908.
Number
of

Year.

Capital.

failures.
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
1893
1894
189")
1896

.

.

Total
Not dated
Total
1897
1898
1899
1900
1901
1902
1903
1904..
1905
1906
1907
1908

.

Grand total

2
5
5
3
7
6
1
7
10
33
40
14
37
63
70
20
10
9
19
27
54
32
13
19
17
15
30
44
27
261
71
115
78

220,000.00
470,000.00
907,000.00
770,000.00
2,413,900.00
961,000.00
2,491,250.00
3,250,193. 00
1,370,465.00
452,200.00
436,750. 00
545,000.00
870,000. 00
1,718,596. 00
1,099,400.00
254,000.00
931,590. 00
745,500. 00
363,250.00
2,169,568.00
2,071,300.00
578,840.00
16,641,637.00
3,112, 447. 00
3,906,350.00
3,400,642.00

l,lt>4
70

Nominal
assets.

Liabilities.

Dividends,
paid.

$225,662.14
890,112.00
138,821.00
148,886.00
361,961.73
50,000.00
2,654,187.15
3,059,318.06
6,938,653.01
4,562,879.00
12,365,475.25
9,206,429. 34
15,223,785. 49
27,269,520. 51
5,253,307.22
1,311,799. 49
1,785,890.45
2,608,489. 57
3,193,747. 39
15,508,389.70
4,883, 454.27
1,140,824. 48
3,074,622.29
3,342,336.52
2,147,059.18
11,385,584.64
6,365,198. 77
3,227,608. 56
46,766,818. 80
7,218,319. 51
9,010,584.93
7,513,837. 41

974,256.96
1,906,573.00
3,420,016.33
2,022,498.51
4,143,941.97
5,178,020. 98
7,004,558.27
19,485,717.87
4,235,808.85
288,494.74
851,755.00
1,221,737.29
1,408,047.99
9,671,860.25
2,361,320.01
673,579.10
1,610,527.45
1,924,773.68
1,026,682.73
3,884,577.99
3,090,597. 48
803,860. 76
17,912,270. 45
1,456,522.87
2,251,708 93
534,363. 30

53,187,259.00
445,000. 00

212,725,771. 58 218,833,563. 86
1,796,424.41
1,586, 419. 00

99,711,330.75
377,396. 20

1,234
' 192
53
26
32
5Q
43
26
102
57
37
34
132

53,632,259. 00

214,312,190. 58 220,629,988. 27
17 929 163 00
24 090 879.00
4, 493,577.00
7,080,190. 00
7,790,244.00
10,448,159.00
7,675,792.00
11,421,028.00
6,373,372. 00
13,334,629. 00
7,323,737.00
10,332,666. 00
2,166,852. 00
4,005,643. 00
24,296,823. 00
31,774.895.00
6,970,345. 00
10 273,023.00
6,591,515.00
7,187,858. 00
13,037,497. 00
22,165,448.0)
177,073,348. 00 209,835,443.00

100,088,726.95

1,954

53,632,259.00

496,034,455. 58

100,088,726. 95

$125,000.00
275,000.00
260,000.00
276,381.00
100,000.00

$245,401. 97
1,206,035.00
222,075.00
183,002.30
77,861.00
2,314,871.90
2,126,124.18
4,644,889.91
4,125,731.00
9,190,283.98
7,312,218. 73
13,137,835.47
26,001,949.67
5,102,691.94
1,629,146.61
585,653.06
2,765,951.10
2,813,915.19
12,900,819.05
2,982,879.51
1,300,536.30
2,865,300. 30
2,805,326.52
1,279,900.68
10,692,385.98
7,190,824.69
2,719,410. 75
54,828,690. 65
7,958,284.18
11,276,529.99
10,240, 244. 97

582,579,849.27

$145,592.25
138,821.00
82,844.74

It will be noted from the foregoing that from 1864 to 1896, in addition to the nominal assets and liabilities, the amount of dividends
paid is stated as well as total capital of banks failing during each
year; but information in respect to capital and dividends paid since
1896 is not shown, there being no statistics at command, official or
otherwise, relative to the progress toward final result of liquidation
of insolvent state and private banks.
In 1896 the then Comptroller secured a list of banks which failed
in each State from 1864 to June 30, 1896. A copy of this list was
furnished to each national-bank examiner with directions to communicate in person or otherwise with officers, receivers, and assignees
with a view to ascertaining the result of final liquidations. As a



BEPORT OF THE COMPTROLLER OP THE CURRENCY.

55

result of this investigation reports more or less complete were obtained
relative to the liquidation of 1,234 banks and bankers failing during
the period covered by the inquiry. The capital involved aggregated
$53,632,259, nominal assets $214,312,190, and liabilities $220,629,988.
On claims proved dividends were paid to the amount of $100,088,726,
or 45.4 per cent of the aggregate liabilities. It will be noted that
since 1896 banks other than national to the number of 720 have failed,
with nominal assets of $281,722,265 and liabilities $361,949,861.
Receivers of insolvent State or private banks generally are appointed
by and report to the courts, and there is no official publication of the
result of these receiverships on the lines followed by this bureau in
reference to insolvent national banks.
Two banks operating under state charters and doing business in the
District of Columbia failed since June 25, 1906, the date of the act
placing institutions of that character in the District of Columbia under
the supervision of the Comptroller of the Currency. The Washington
branch of the iEtna Banking and Trust Company failed on October
19, 1906, when a receiver was appointed bj this office. On the following day the main office of the iEtna Banking and Trust Company, at
Butte, Mont., was also placed in charge of the receiver. The total
assets taken charge of amounted to $574,569 (nominal value), of
which only $24,568 were estimated as good, $200,067 being estimated
as doubtful, and $349,934 as worthless. After the failure additional
assets came into the hands of the receiver, amounting to $123,318,
$100,000 of which was contributed in cash by one who had formerly
been an officer in the company, the total assets, therefore, amounted
to $697,887. The collections from all sources aggregated $149,606.
Offsets amounting to $18,749 were allowed and losses incurred in
compounding claims under order of court aggregated $33,640, leaving in the hands of the receiver on October 31, 1908, assets of the
nominal value of $495,892. All these remaining assets are practically
worthless. Dividends aggregating 28 per cent and amounting to
$107,204, on claims proved totaling $382,870, have been paid. There
remains in the hands of the Comptroller and the receiver cash amounting to $24,310, distribution of which has been deferred pending
determination of litigation, which may possibly result in the collection of an additional sum sufficient to make the final dividend a
substantial one. The Peoples Savings Bank was taken charge of by
a receiver on October 26, 1906. Later in the year creditors of the
bank were paid in full and the affairs of the bank turned over to an
agent of the shareholders.
GROWTH OF BANKING IN THE UNITED STATES.

Statistics bearing upon the subject of banking in the earliest days
of the country are meager, but some statistical information has been
gathered and published for a series of years in the annual reports of
the operations of the currency bureau. Table XXIII in the appendix
gives the number of colonial and state banks, together with the principal items of resources and liabilities in the years indicated from 1784
to 1833. In 1784 the three banks from which reports have been
compiled had a capital of $2,100,000, circulation $2,000,000, and
specie $10,000,000. In 1800 reports from 28 banks show capital



56

REPORT OF THE COMPTROLLER OF THE CURRENCY.

$21,300,000, circulation $10,500,000, and specie $17,500,000. In 1820
there were 307 banks, with capital of $102,000,000, circulation
$40,600,000, deposits $31,200,000, specie $16,700,000. In 1830, 329
banks had $110,100,000 capital, $48,400,000 circulation, $39,500,000
in deposits, $14,500,000 in specie, and $159,800,000 in loans.
The resources and liabilities of the banks of the country in detail
from 1834 to 1863 will be found in Table XXIV of the appendix.
In the compilation of this table, figures for the years 1834 to 1840
were taken from Executive Document No. I l l , Twenty-sixth Congress, second session. Those for 1841 to 1850 are from Executive
Document No. 68, Thirty-first Congress, first session. Figures for
the years 1851 to 1863, with the exception of the year 1853, are taken
from the report on the condition of the banks for 1863, those for 1853
being from Executive Document 66, Thirty-second Congress, second
session, and are incomplete.
It appears from the table in question that in 1834 there were 506
state banks in the country with capital stock of more than $200,000,000,
circulation of $94,000,000, and deposits of $75,000,000. In 1840 the
number of banks had increased to 901, with capital of $358,000,000,
circulation$106,000,000, and deposits of $75,000,000. In 1850 reports
show only 824 banks, with a capital of $217,000,000, circulation
$131,000,000, and deposits $ 109,000,000. In 1862, the year prior to the
inauguration of the national banking system, there appears to have
been 1,492 state banks in operation. The capital of these banks was
$405,000,000, circulation $238,000,000, and deposits $393,000,000;
the loans aggregated $646,000,000, investments in stocks $99,000,000,
specie onhand$101,000,000, and notes of other banks held $25,000,000.
The following condensed statement gives the principal items of
resources and liabilities of state, savings, private banks, loan and
trust companies, and national banks from 1864 to 1908, and reflects
the growth of banking in the country for the past forty-five years:




58

REPORT OP THE COMPTROLLER OF THE CURRENCY.

PRINCIPAL ITEMS OP RESOURCES AND LIABILITIES OP STATE, SAVINGS, AND PRIVATE
(COMPILED FROM REPORTS TO THE
[Amounts in millions.]

Year.

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.
1893.
1894.
1895,
1896.
1897.
1898.
1899.
1900.
1901.
1902.
1903.
1904
1905
1906
1907,
1908

Number of
banks.

1,861
1,960
2,267
2,279
2,293
2,354
2,457
2,796
3,066
d 1,968
d 1,983
3,336
3,448
3,384
3,229
3,335
3,355
3,427
3,572
3,835
4,111
4,350
4,378
6,179
6,647
7,203
7,999
8,641
9,338
9,492
9,508
9,818
9,469
9,457
9,485
9,732
10,382
11,406
12,424
13,684
14,850
16,410
17,905
19,746
21,346




Loans and
Due from
discounts
Bonds,
(including stocks, etc. banks and
bankers.
overdrafts).
$70.7
362.4
550.4
588.5
655.7
686.3
719.3
789.4
871.5
1,439.9
1,564.5
1,748.1
1,727.1
1,720.9
1,561.2
1,507.4
1,662.1
1,901.9
2,050.3
2,133.6
2,260.7
2,272.3
2,456. 7
2,944.9
3.161.1
3.475.2
3,842.1
3,965.9
4,336.6
4,368.6
4,085.0
4,268.8
4.251.1
4,216.0
4,652.2
5,177. 6
5,657.5
6.425.2
7,189.0
7,738.9
7,982.0
9,027.2
9,893.7
10,763. 9
10,438.0

$93.4
404.3
465.2
443.1
440.5
414.6
406.1
419.9
431.2
713.2
723.2
793.1
807.3
841.2
865.9
1,032.9
900.6
500.9
1,049.1
951.2
1,030.4
952.0
1,031.1
999.9
1.112.1
1,111.9
1,158.0
1,042.5
1,269.4
1,354.1
1,445.3
1,565.2
1,674. 4
1,732.3
1,859.7
2,179. 0
2,398.3
2,821.2
3,039.4
3,400.1
3.654.2
3,987.9
4,073.5
4,377.1
4,445. 9

$33.3
103.0
110.7
100.0
123.1
107.6
121.2
143.8
144.0
167.1
193.6
195.0
198.2
184.6
183.2
204.0
248.9
346.1
307.3
392.8
294.1
432.9
349.8
632.1
439.1
513.7
531.3
652.6
549.2
705.1
714.4
645.0
781.4
924.9
1,203.1
1,272.8
1,448.0
1,561.2
1,570.6
1,842.9
1,981.9
2,029.2
2,135.6
2,236.2

Specie.

$9.4
12.6
11.1
20.8
18.5
31.1
19.9
24.3
C27.9
«22.3
cl9.0
«25.4
«21.3
«29.7
<42.7
el00.2
e 129.5
e 112. 4
e 116.2
e 110.2
* 179.0
e 152.2
t 165.1
226.4
/ 221. 5
221.9
217.3
262.2
210.9
283.4
246.3
251.2
297.7
402.2
449.1
449.7

479.0
541.0
478.2
612.2
617.3
633.0
719.5
860.5

a Includes cash not classified.
6 Includes state bank circulation.
c Includes deposits of U. S. disbursing officers.

Paper cur- Total cash
rency, a
in bank.

$190.0
219.3
194.5
179.9
144.0
156.6
174.1
153.3

219.7
277.6
256.4
261.8
324.2
305.0
405.5
384.8
280.6
330.5
285.6
274.2
300.2
328.5
307.1
379.0
378.4
376.8
383.4
394.2
507.8

$98.3
199.4
231.9
205 6
200.7
162.5
187.7
194.0
177.6
218.2
252.2
238.7
226.4
230.5
214.6
216.3
285.5
295.0
287.1
321.0
321.2
414.3
375.5
432.8
446.1
499.1
478.3
479.1
586.4
515.9
688.9
631.1
531.8
628.2
687.8
723.3
749.9
807.5
848.1
857.2
990.6
994.1
1,016.4
1,113.7
1,368.3

REPORT OF THE COMPTROLLER OF THE CURRENCY.
BANKS, LOAN AND TRUST COMPANIES, AND NATIONAL BANKS, FROM 1864 TO
COMPTROLLER OF THE CURRENCY.)

59
1908.

[Amounts in millions.]

Capital.

$386.8
397.0
480.8
483.8
486.4
489.7
513.7
561.7
592.6
532.9
550.3
592.6
602.3
614.2
587.7
580.4
565.2
572.3
590.6
625.6
656.4
678.0
686.7
806.8
853.7
893.3
968.7
1,029. 7
1,071.1
1,091.8
1,069.8
1,060.3
1,051.9
1,012.3
992.0
973.6
1,024.7
1,076.1
1,201.6
1,321.9
1,392.5
1,463 2
1,565.3
1,690.8
1,757.2

Surplus and Circulation. 6 United States Individual deposits.
profits.
deposits, c

$4.2
54.5
79.4
93.9
109.4
126.0
132.7
143.1
155.4
215.6
199.9
254.2
261.6
260.5
237.7
246.1
260.2
292.0
310.1
347.8
379.6
362.0
393.8
460.2
493.7
531.9
584.0
619.2
650.3
689.3
682.4
699.3
694.4
712.7
732.7
761.1
882.2
955.6
1,096.9
1,273.4
1,360.9
1,439.5
1,558.9
1,645.0
1,761.5

$189.1
131.5
267.8
291.8
294.9
292.7
291.8
315.5
327.1
340.2
338.7
318.1
294.8
290.4
300.4
307.7
318.4
312.5
309.2
312.2
295.3
269.2
238.0
166.8
155.5
129.0
126.5
124.0
141.2
155.1
171.8
178.8
199.2
196.6
189.9
199.4
265.3
319.0
309.4
359.2
399.6
445.4
510. 9
547.9
613.7

•
$58.0
39.1
33.3
28.3
12.8
13.2
11.1
12.4
15.1
10.6
10.2
11.1
10.9
25.6
252.1
10.7
12.2
12.6
13.9
14.2
14.0
17.1
23.2
58.4
46.7
30.6
25.9
14.2
13.7
14.1
13.2
15.4
16.4
52.9
76.3
98.9
99.1
124.0
147.3
110.3
75.3
89.9
180.7
130.3

$355.7
641.0
815.8
876.6
968.6
1,032.0
1,051.3
1,251.6
1,353.8
1,421.2
1,520.5
1,787.0
1,778.6
1,813.6
1,717.4
1,694.2
1,951.6
2,296.8
2,460.1
2,568.4
2,566.4
2,734.3
2,812.0
3,308.2
3,422.7
3,778.1
4,062.5
4,196.8
4,664.9
4,627.3
4,651.2
4,921.3
4,945.1
5,094.7
5,688.2
6,768.7
7,238.9
8,460. 6
9,101. 7
9,553.6
10,000.5
11,350. 7
12,215.8
13.099.6
12, 784. 5

Due to
banks.
$27.4
157.8
122.4
112.5
140.7
129.0
148.5
176.4
172.7
178.6
232.5
194.7
183.3
170.1
161.7
187.9
239.6
314.7
279.0
288.2
227.0
293.0
308.9
350.1
366.1
434.6
432.3
415.7
464.9
419.9
599.1
600.5
521.7
673.4
809.8
1,046.4
1,172.5
1,333.0
1,393.2
1,475.9
1,752.2
1,904.3
1,899.0
2,075.4
2,198.0

Total
assets.

$252.3
1,126.5
1,476.4
1,494.1
1,572.2
1,564.2
1,510.7
1,730. 6
1,770.8
2,731.3
2,890.4
3,204.6
3,183.1
3,204.1
3,080.6
3,212.6
3,399.0
3,869.1
4,031.1
4,208.0
4,221.3
4,426.9
4,521.5
5,203.7
5,470.4
5,940.9
6,343.0
6,562.1
7,245.3
7,192. 3
7,290.6
7,609.6
7,553.9
7,822.1
8,609.0
9,904.9
10,785. 9
12,357. 5
13,363. 9
14,303.1
15,198.8
16,918.2
18,147.6
19,645.0
19,583.4

d Number of national banks only; number of state and savings banks not reported.
« Specie in national banks; incomplete for state banks.
/ Includes coin certificates from 1889; specie for 1902 partially estimated.




Year.

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
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
19C4
19G5
1906
1907
1908

60

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

The "First Bank of the United States" was incorporated by
Congress in 1791 for a period of twenty years. A statement of the
resources and liabilities of this bank for January, 1809, and for
same date in 1811, will be found in Table XXI of the appendix.
The first report shows capital $10,000,000, individual deposits
$8,500,000, circulation $4,500,000, loans and discounts $15,000,000,
specie $5,000,000, and aggregate resources $23,500,000. The "Second
Bank of the United States" was chartered by Congress in 1816 for
twenty years, at the expiration of which a renewal of the charter
was denied. A reorganization of the bank was effected, however,
under authority from the legislature of the State of Pennsylvania;
the bank assigned in 1841, and after fifteen years the affairs were
finally liquidated in 1856, resulting in the payment in full of interest
and principal of all liabilities to depositors and note holders. The
shareholders, it appears, received nothing on their investment in
stock of the bank. From the statement published in 1817, which
appears in Table XXII of the appendix, the capital stock of the
bank was $35,000,000, deposits $11,200,000, loans and discounts
$32,200,000, and aggregate resources $48,100,000. From the armual
reports of its operations it appears that in 1833 the business of the
bank reached the highest point in its history, the aggregate resources
being $82,900,000, deposits $20,300,000, loans and discounts
$61,700,000, specie $9,000,000, and notes of state banks $2,300,000.
In 1840 the report shows that the aggregate resources had declined
to $65,300,000, deposits to $3,300,000, circulation $6,700,000, loans
to $36,800,000, and specie to $1,500,000
GROWTH OF BANKING IN RECENT YEARS.

Coincident with the general improvement in business conditions
following 1896 there was a notable increase in the banking power of
the country, evidenced by the number of banks organized as well as
by the increase in the aggregate capital and deposits of all classes of
banks. Since 1900 the growth of national banks has been accelerated in a marked degree by the act of March 14 of that year, permitting
banks with a minimum capital of $25,000 to be organized-under the
national system, but during the same period statistics show that
prosperous conditions have also favored banks outside of the national
system.
The following table shows the growth of banking in the United
States, including island possessions, as indicated by the number of
banks, capital stock, and individual deposits, from 1900 to 1908,
inclusive, the number of nonreporting banks, their capital, and
deposits being estimated from data obtained from reliable sources:




61

EEPOET OP THE COMPTBOLLEK OP THE CUBRENCY.
Capital
Bank.

Individual deposits.

Number.
Per cent.

Amount.
1900.
National
State, etc
Reporting capital only
Total
1902.
National
State, etc
Reporting capital only
Total
National
State, etc
Nonreporting

National...
State, etc
Nonreporting
Total
National
State, etc
Nonreporting
Total
National
State, etc
Nonreporting
Total

4,535
7,889
3,732
16,156
4,939
8,745
4,546

54.00

701,990,554
499,621,208
138,548,654 >

$2,458,092,758
1 4,780,893,692
\
450,000,000

100.00

1,150,728,675

46.00

7,688,986,450

3,098,875,772
/ 6,005,847,214
47.6 \
478,592,792 |
9,583,315,778

50.43

68.03
100.00

52.4

100.00

1,340,160,416

31.97

}

3,200,993,509

32.3
67.7
100.00

18,230

743,506,048
578,418,944
152,403,520 j1,474,328,512

31.8

49.57 \f 6,352,700,055 }
502,522,431
100.00

10,056,215,995

68.2
100.00

1904.
5,331
9,519
3,994

Total
National
State, etc
Nonreporting
Total

13,977

$621,536,461
403,192,214
126,000,000 \

Per cent.

1903.

Total
National
State, etc
Nonreporting

3,732
6,650
3,595

Amount.

18,844

767,378,148
625,116,824
81,409,702 |
1,473,904,674

3,312,439,841
52.06
47.94 f 6,688,107,157
\
447,998,992
100.00

31.7

}

10,448,545,990

68.3
100.00

1905.
5,668
10,742
3,500
19,910

791,567,231
671,599,149
76,664,000 |
1,539,830,380

51.41

3,783,658,494
f 7,567,080,822
48.59 \
435,582,000 |

100.00

11,786,321,316

32.1
67.9
100.00

1906.
6,053
11,852
3,491

826,129,785
739,163,401
75,356,000 |

21,396

1,640,649,186

6,429
13,317
4,191

883,690,917
807,178,262
92,357,000

23,937

1,783,226,179

50.23

4,055,873,636
/ 8,159,894,029
49.77 \
413,160,000 >

100.00

12,628,927,665

32.12
67.88
100.00

1907.

1908.

6,824
14,522
3,654
25,000

49.56

I

919,100,8150
838,058,353
76,646,000 }
1,833,805,203

50.44

4,322,880,141
/ 8,776,755,207
\
554,900,000 V

31.66

68.34

100.00

13,654,535,348

100.00

50.14

4,374,551,208
/ 8,409,959,961
485,988,831 |

32.97

13,270,500,000

100.00

49.86 \
100.00

67.03

It is shown from the foregoing table that there were in operation
on July 15, 1908, 6,824 national banking associations with capital of
$919,100,850 and individual deposits of $4,374,551,208. On or
about June 30, 1908, there were in operation 14,522 state, savings,
and private banks and loan and trust companies, reporting aggregate
capital and deposits of $838,058,353 and $8,409,959,961, respectively,
and nonreporting banks to the number of 3,654, with capital and
deposits estimated at $76,646,000 and $485,988,831, respectively; or a
total of 25,000 banks and banking institutions with capital of
$1,833,805,203 and deposits of $13,270,500,000.
Since 1900 the increase in the number of banks has been 11,023;
capital stock has increased in the sum of $683,076,528 and individual
deposits $5,581,513,550. In 1900 national banking capital represented 54 per cent and deposits 31.97 per cent of the aggregate



62

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

capital and deposits, respectively, of all reporting banking institutions. The percentage of capital of national banks to capital of all
banks in 1907 was 49.56 and of deposits to all deposits 31.66; for the
present year the percentage of capital is 50.14 and of deposits 32.97.
During the period from 1900 to 1908 the percentage of capital of
banks other than national to the capital of all banks has increased
from 46 to 49.86, and the percentage of individual deposits in such
banks has fallen from 68.03 to 67.03. In 1904 there was in operation
in the United States one bank for every 4,897 inhabitants; in 1905
one for every 4,182, in 1906 one for every 3,956, in 1907 one for every
3,595, and for the present year one for every 3,500 inhabitants.
BANKING POWER OF THE UNITED STATES.

The banking power of the United States in 1908 as represented by
capital, surplus and other profits, deposits, and circulation, of national
and other reporting banks, together with the estimated amount of
funds of this character in the nonreporting banks, is shown to be
$17,642,705,274. The items composing this sum are set forth in the
following table:
BANKING POWER OF THE UNITED STATES.
Number.
6,824
14,522
&3,654

$919,100,850
838,058,353
76,646,000

25,000

National banks
State, etc., b a n k s . .
Nonreporting banks
Total

Capital.

1,833,805,203

Surplus, etc.

Deposits.

Circulation.

Total.

$748,701,600 a$4,504,817,232 $613,663,963 •?6,786,283,645
8,409,959,961
1,012,811,484
10,260,829,798
485,988,831
32,957,000
595,591,831
1,794,470,084

13,400,766,024

613,063,963 17,642,705,274

a Includes government deposits.
b Estimated capital, etc., based on reports received from private banks.
SCHOOL SAVINGS BANKS.

Prof. J. H. Thiry, of Long Island City, N. J., who introduced the
system of school savings banks, has furnished this office with statistics
relating to the operation of school savings banks in existence on
January 1, 1908, in the United States and Canada. From the report
submitted it appears that the school savings-bank system is now in
operation in 1,102 schools of 101 cities of the United States and
Canada. The pupils of these schools have deposited since the introduction of the system $4,419,453.86, of which $3,659,807.77 has been
withdrawn, leaving a balance of $759,646.09 due 178,817 depositors.
BUILDING AND LOAN ASSOCIATIONS.

"The building and loan association is a popular American institution," declares Mr. H. F. Cellarius, secretary of the United States
League of Local Building and Loan Associations, in his current annual
report. He shows by statistics that the local building and loan associations of the United States are in excellent condition, and are enjoying a
full measure of public confidence as a means of caring for small savings
of the people. It appears that during the year ended December 31,
1907, tne local building and loan associations of the United States
gained $56,513,400 in assets, the total assets being $745,993,398.
The gain in membership for the year was 132,979. It is stated that




REPORT OF THE COMPTROLLER OF THE CURRENCY.

68

there are now in the United States 5,459 such associations having a
membership of 1,876,967 and assets amounting to $745,993,398.
The following table shows the number of associations, total membership, and total assets, 1907-1908, for such States as have building and
loan departments which compile statistics, the data for all other
States being shown as " Other States:"
States.
Pennsylvania
Ohio
New Jersey
Illinois
Massachusetts..,
New York
Indiana
California
Michigan
Nebraska
Louisiana
Missouri
Kansas
North Carolina..
Iowa
Wisconsin
West Virginia...
Maine
Tennessee
Minnesota
New Hampshire,
Connecticut
North Dakota..
Other States....
Total

Number
of associations.
1,400
644
417
502
135
262
334
110
55
66
50
118
51
81
56
52
39
35
16
19
16
13
7
981
5,459

Total
membership.

Total assets.

374,950 $146,915,600
321,780 , 132,714,147
144,876 ! 67,972,108
50,074,144
100,680
47,220,074
114,705
45,814,138
121,381
34,040,117
117,974 I
19,522,896
33,565
39,958
14,157,529
39,898
11,422,890
25,437
10,328,307
20,625
8,839,903
32,110
8,016,351
21,469 i
5,355,536
15,950 i
4,577,214
12,200 |
4,490,486
10,495 |
3,834,544
9,345
3,676,453
4,808 '
2,668,936
4,243
2,296,961
7,110
1,915,187
2,731
1,804,857
2,200 i
1,286,681
298,477 i 117,048,339
1,876,967

745,993,398

Increase in
assets.

Increase
in membership.

$9,274,998
11,619,930
4,482,466
4,051,762
4,662,499
2,337,261
1,838,864
293,958
1,125,847
2,461,102
1,323,347
652,958
968,424
1,009,294

28,575
10,945
6,980
7,055

319, 009
434, 094
241, 727
30, 145

i, 005
1, 195

78,853
199,145
295,378
8,812,339

1,635
600
500
21,025

56,513,400

132,979

10,223
2,584
20,446
2,615
4,000
8,109
2,057
1,525
2,910
4,564

371J
482

The receipts and disbursements of the associations for the year
ended December 31, 1907, an increase of nearly $25,000,000 over
the prior year, are shown in the following statement:
RECEIPTS.

Cash on hand January 1, 1907
Weekly dues
Paid-up stock
Deposits
Loans repaid
Interest
Premium
Fines
Pass book and initiation
Borrowed money
Real estate sold
Miscellaneous receipts

•

Total

$24, 843, 904
176,941,728
15, 697, 056
44, 070, 000
143,264,112
39, 692, 832
2, 652, 336
477, 312
748, 512
51,153, 744
6, 286, 416
12,581,696
518,409, 648

DISBURSEMENTS.

Pass-book loans
Mortgage loans
Stock withdrawals
Paid-up stock withdrawals
Deposit withdrawals
Expenses
Borrowed money
Interest
Real estate purchased
Miscellaneous disbursements
Cash on hand January 1, 1908
Total



$12, 882,000
209,925,072
145, 254, 720
19,336, 560
37,539,504
5,239,584
49,352,976
1,312,608
2, 533,008
12, 995, 904
22,037, 712
518,409, 648

64

REPORT OF THE COMPTROLLER OF THE CURRENCY.
CLEARING-HOUSE TRANSACTIONS.

Mr. William Sherer, manager of the New York Clearing House,
has courteously furnished this office with comparative statements of
transactions of the New York Clearing House for the past fifty-five
years, and also a report of the transactions of clearing houses in the
United States for the year ended September 30, 1908. The membership of the New York Clearing House for the year ended September 30, 1908, was 50; capital represented, $126,350,000; clearings for
the year, $73,630,971,913; average daily clearings, $241,413,023; aggregate balances paid in money, $3,409,632,271; the proportion of balances to dealings being 4.63 per cent. The aggregate clearings of the
association for the fifty-five years ended September 30, 1908, are
shown to have been $1,930,248,133,348. The average daily clearings were $114,765,927, and the average ratio of balances to clearings 4.64 per cent. The transactions ot the association for the current year were less by $21,684,449,325 than during the year ended
September 30, 1907.
The report of the transactions of 114 clearing houses in the United
States for the year ended September 30 last shows total clearings of
$126,238,694,398, as against $154,476,830,537 for the previous year,,
a net decrease of $28,238,136,139.
CLEARING-HOUSE CERTIFICATES ISSUED DURING THE PANIC OF 1907.

The manager of the New York Clearing House has kindly furnished
this office with statistics and general information in relation to the
use of clearing-house certificates during the recent panic. It appears
that inquiries were addressed to 106 clearing houses in the United
States asking for information relative to the extent of the use of loan
certificates, etc., during the panic. The replies indicated that clearing houses in 50 cities issued certificates, and possibly a fewe others
from which replies were not received. The first issues w e r niade
during the last week in October, and the New York Clearing House
was the first to take this action. With three exceptions there were
no issues of certificates later than December 31. In a summary of
the returns relating to the issue of these certificates it is stated, in
part—
•
In the larger clearing houses the certificates were issued, with but few exceptions,
for the sole purpose of settling balances between the banks and the clearing houses. In
other places the certificates were in a number of cases pledged for checks or notes of
small denominations meant to serve as currency for general circulation. In still other
localities no certificates were issued at all, but cashiers' checks for small, uniform
amounts, or checks authorized by the clearing house, or banks associated, were issued
to provide funds for pay rolls, etc. * * * Clearing-house certificates and checks
were not the only form of currency issues, as some of the railroads and industrial corporations issued checks of larger or smaller denominations in making payments to
their employees during the period of extreme stringency and while hoarding was still
being practiced, and some of these checks passed current and acted as substitutes for
currency for the time being.

From the accompanying table it will be noted that the total
amount of clearing-house certificates issued was $248,279,700, New
York leading with $101,060,000, followed by the following cities in
the order of greatest issue: Chicago, $39,240,000; St. Louis,
$15,965,000; Philadelphia, $13,695,000; Boston, $12,595,000; San
Francisco, $12,339,000; Pittsburg, $7,445,000; New Orleans,




REPORT OF THE COMPTROLLER OF THE

65

CURRENCY.

$5,266,000. In other words, $207,605,000 of certificates out of a
total of $248,279,700 were issued by clearing houses in eight cities.
It is further shown that the maximum outstanding at one time was
$219,857,500, and the maximum outstanding issued by the New
York associations was $88,420,000. Of this amount, however, it is
estimated that not in excess of $74,000,000 was in actual use.
From the report of the committee of the New York clearing houses
it is shown that during the period the certificates remained outstanding there passed through the committee collateral aggregating
$453,000,000, of which $330,000,000 consisted of commercial paper
and $123,000,000 of stocks, bonds, and short-time railroad and other
similar notes. The total amount of interest paid on the certificates
at the rate of 6 per cent was $1,116,246. Of the 52 banks in the New
York Clearing House, 20 did not resort to the use of certificates.
The following comparative statement from the committee's report
for the years 1907 and 1893 is of interest:
1907.
Aggregate certificates anthorized
Maximum amount outstanding at any one time
Highest aggregate amount issued to any one bank
Lowest amount issued to any one bank
Average amount issued per bank proportioned to entire membership of
association (52 banks in 1907^65 in 1893)
•.
Average amount issued per bank proportioned to those institutions that
took out certificates (32 banks in 1907; 38 in 1893)
Number of banks taking out certificates
Number taking none

$101,060,000
$88,420,000
$17,000,000
$250,000

1893.
$41,490,006
$38,280,00Q
$4,000,006
$100,008

$1,943,461

$638,307

$3,158,125
32
20

$1,091,842
38
27

Certificates first issued, October 26,1907, and June 1,1893; last issue of certificates, January 30,1908, and
September 6, 1893; final cancellation, March 28, 1908, and November 1, 1893.
Only one small issue of certificates was made after January 7, 1908, as noted above.

The following statement relating to the issue and cancellation of
clearing-house certificates during the recent panic was compiled by
Mr. William J. Gilpin, assistant manager of the New York Clearing
House:
CLEARING-HOUSE

CERTIFICATES ISSUED DURING FINANCIAL
1907, TO JANUARY, 1908.

Clearing houses.

First issue.

Last issue.

Atlanta®
Augusta, Ga. o
Baltimore
Boston
Brunswick o
Buffalo
Charleston a
Chicago a
Cleveland a
Danville, Va. a
Denver a
Des Moines
Detroit
Fort Wayne
Greensboro, N. C. a

Oct. 31,1907
Nov. 4,1907
Oct. 28,1907
do. ..
Nov. 6,1907
Nov. 1,1907
Nov. 11,1907
Oct. "28,1907
Dec. 3,1907
Oct. 30,1907
Nov. 5,1907
Oct. 28,1907
Oct. 30,1907
Oct. 31,1907
Nov 4,1907

Dec. 23,1907
Dec. 18,1907
Dec. 16,1907
Jan. 3,1908
Jan. 11,1908
Nov. 12,1907
Nov. 27,1907
Dec. 17,1907
Dec. 3,1907
Dec. 2,1907
Nov. 26,1907
Dec. 26,1907
Dec. 12,1907
do
Dec. 6,1907

First cancellation.

CRISTS OF

Final cancellation.

Aggregate
issue.

SI, 500,000
(6)
15,1908
370,000
16,1907 Feb. 6,1908 3,094,000
10,1908 Jan. 24,1908 12,595,000
3,1907 Mar. 28,1908
109,000
30,1907 Jan. 25,1908
915,000
6,1908 Apr. 6,1908
115,000
14,1907 Jan. 17,1908 39,240,000
6,1908 Jan. 29,1908 3,220,000
9,1908
617,200
(b)
25,1907
650,000
(&)
2,1907 Jan. 27,1908 1,001,200
30,1907 Jan. 7,1908 2,175,000
24,1907 Jan. 30,1908
345,000
26,1907 Jan. 25,1908
39,100

OCTOBER,

Maximum
amount
outstanding.

$996,400
370,000
2,784,000
12,595,000
65,000
550,000
115,000
38,285,000
3,220,000
450,000
400,000
622,700
2,030,000
345,000
34,108
a In these places the certificates, in some cases, besides being used for settling balances between banks
at the clearing house, were also used as the basis for the issue of subsidiary certificates meant for circulation.
In other cases the certificates themselves were for small denominations and served the purpose of currency,
b May 1,1908, small amount still outstanding, and it is probable that the amounts still outstanding on
that date were mainly notes of small denominations which in many cases were lost or destroyed and may
never come in,
*

62280—CUR 1908



5

Jan.
Nov.
Jan.
Dec.
Nov.
Mar.
Dec.
Jan.
Jan.
Nov.
Nov.
Nov.
Dec.
Nov.

66

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

CLEARING-HOUSE CERTIFICATES ISSUED DURING FINANCIAL CRISIS OF OCTOBER,

1907, TO JANUARY, 1908—Continued.

Clearing houses.

Harrisburga
Indianapolis
Knoxvilleo
Lincoln
Little Rock
Los Angeles
Louisville
Lynchburg, Va. a
Macon a
Milwaukee
Minneapolis
Nashville »
New Orleans
New York
Oakland
Omaha
Philadelphia
Pittsburg
Portland, Oreg
St. Joseph a
St. Louis
St. Paul
Salt Lake City
San Francisco »
Savannah a
Seattle
Sioux City
South Bend o
Spokane a
Tacoma
Topeka a
Vicksburg o,
Wheeling
Wichita
Youngstown

First issue.

Nov. 11,1907
Nov. 4,1907
Nov. 7,1907
Nov. 1,1907
Oct. 31,1907
Oct. 30,1907
Oct. 29,1907
Nov. 18,1907
Nov. 4,1907
Oct. 28,1907
Nov. 1,1907
Nov. 2,1907
Oct. 29,1907
Oct. 26,1907
Nov. 8,1907
Oct. 29,1907
Oct. 26,1907
do.
Oct. 30,1907
Oct. 28,1907
do.
Oct. 30,1907
do
Oct. 29,1907
Nov 5,1907
Nov. 4,1907
Oct. 28,1907
Nov. 19,1907
Nov. 1,1907
do
Nov. 6,1907
Nov. 23,1907
Nov. 8,1907
do
Nov. 20,1907

Last issue.

First cancel- I Final cancellation.
lation.

Dec.
Dec.
Nov.
Dec.
Dec.
Dec.
Dec.
Dec.
Jan.
Dec.
Dec.
Nov.
Dec.
Jan.
Nov
Nov.
Dec.
Dec.
Nov.
Nov.
Dec.
Dec.
Dec.
Dec.
Dec.

5,1907
17,1907
22,1907
4,1907
16,1907
27,1907
20,1907
18,1907
4,1908
30,1907
4,1907
29,1907
20,1907
30,1908
25,1907
26,1907
31,1907
14,1907
18,1907
9.1907
16,1907
21,1907
4,1907
24,1907
15,1907

Nov.
Nov.
Dec.
Nov.
Nov.
Nov.
Dec.
Jan.

15,1907
29,1907
4,1907
20,1907
9,1907
15,1907
12,1907
13,1908

Nov.
Nov.
Dec.
Nov.
Nov.
Dec.
Nov.
Nov.
Dec.
Dec.
Jan.
Dec.
Dec.
Dec.
Nov.
Jan.

28,1907
9,1907
2,1907
2,1907
14,1907
27,1907
7,1907
19,1907
28,1907
3.1907
2.1908
31,1907
2,1907
11,1907
20.1907
22.1908

Nov.
Nov.
Nov.
Dec.

16,1907
19,1907
25,1907
31,1907

Nov.
Jan.
Nov.
Jan.
Dec.
Dec.

29.1907
10.1908
27,1907
2,1908
20,1907
26,1907

Jan.
Jan.
Jan.
Feb.
Apr.
Jan.
Apr.

)
17,1908
27,1908
15,1908
8,1908
28,1908
27,1908
20,1908

Feb.
Jan.
Jan.
Mar.
Mar.
Jan.
Jan.
Feb.
Apr.
Jan.
Jan.
Feb.
Jan.
Feb.

18,1908
15,1908
29,1908
27,1908
28,1908
21,1908
10,1908
8,1908
6,1908
13,1908
23,1908
5,1908
14,1908
17,1908

)
Mar. 1,1908
Jan. 15,1908
&
)
)
Jan. 14,1908
Dec. 30,1907
Apr. 25,1908
Dec. 21,1907
Jan. 3,1908
Nov. 29,1907 Dec. 26,1907 Jan. 21,1908
Dec. 12,1907 Dec.
5,1907 Jan. 23,1908

Grand total.

T

Maximum
Aggregate j amount
issue. | outstanding.
$366,500
1,650,000
282,500
208,000
183,000
2,088,000
2S590,000
381,000 '
325,000
3,718,000
1,830,000
468,700
5,266,000
101,060,000
1,250,000
1,999,000
13,695,000
7,445,000
1,000,000
515,000
15,965,000
1,900,000
802,000
12,339,000
265,500
1,675,000
240,000
120,000
1,413,000
215,000
42,000
170,000
395,000
91,000
541,000

$326,000
835,000
282,500
160,000
148,600
1,859,000
940,000
381,000
280,000
3,548,000
1,755,000
407,700
3,287,000
88, 420,000
590,000
1,544,000
13,495,000
7,445,000
1,000,000
350,000
10,578,000
1,525,000
702,000
12,339,000
265,500
c 1,675,000
240,000
120,000
1,413,000
215,000
25,000
170,000
45,000
91,000
538,000

.248,279,700 219,857,500

a In these places the certificates, in some cases, besides being used for settling balances between banks
at the clearing house, were also used as the basis for the issue of subsidary certificates meant for circulation.
In other cases the certificates themselves were for small denominations and served the purpose of
currency.
b May 1,1908, small amount still outstanding, and it is probable that the amounts still outstanding on
that date were mainly notes of small denominations which in many cases were lost or destroyed and may
never come in.
c Maximum not reported; therefore taken same as aggregate issue.
FOREIGN

BANKS OF ISSUE.

In the appendix will be found statements of the condition of the
principal foreign banks of issue, among them a consolidated statement of the resources and liabilities on June 30, 1908, of the banks of
the United Kingdom, including colonial and foreign banks with
London offices. By comparing the returns of the United Kingdom
with those on June 30, 1907, it is observed that there has been a
reduction of three in number of banks and $61,197,385 in aggregate resources, although the capital has increased in the sum of
$26,569,080. It is also noted that there has been an increase in
number of branch offices of 266, or from 10,429 to 10,695.
A statement of the resources and liabilities of 26 Swiss banks and
their branches, as shown by reports dated March 31, 1908, gives
aggregate resources of $386,411,187 and capital stock $39,958,500.
In the Republic of Chile, on December 31, 1907, there were in
operation 24 banks with paid-up capital of 124,040,525.63 pesos
(a peso equals 36J cents) and aggregate resources of 811,363,263.17,
as shown by the balance sheet of the banks. The most important



REPORT OF THE COMPTROLLER OF THE CURRENCY.

67

of the banks is the Bank of Chile, the subscribed capital of which is
30,000,000 pesos.
Statements of the condition of the Bank of Japan and other banking institutions in operation in the Empire of Japan on June 30,
1907, are presented in the appendix. The outstanding circulation
of the Bank of Japan is stated at 332,855,906 yen (a yen equals 49.8
cents) and the aggregate resources are shown to be 868,067,285.
Circulating notes are also issued by the Yokohama Specie Bank to
the amount of 14,517,391, and the Bank of Taiwan to the amount
of 9,989,390. Consolidating returns from the banks of issue with
other classes of banks in the Empire, it is observed that the aggregate capital employed is approximately 434,000,000 yen, deposits
including accounts current 1,876,000,000, circulating notes 357,000,000,
cash in bank 294,000,000, and aggregate resources 3,151,000,000.
Institutions classed as "ordinary" banks represent over one-half of
the capital and deposits of all banks in the Empire.
From a recent bulletin published by the International Bureau of
American Republics & statement in relation to the condition of the
banks in the Argentine Republic is taken, which shows that there
were 17 banks in Argentina on December 31, 1907, with deposits
aggregating $29,086,145 in gold and $717,169,629 in paper currency.
The discounts and loans amounted to $37,279,547 gold and $679,357,449 paper. The cash on hand consisted of $40,026,916 gold
and $220,770,433 in paper.
A summary of reports of condition of the banks of Mexico as of
June 30, 1908, will be found in the appendix. Of the 34 legally
chartered banks of the Republic of Mexico the most important one
is the National Bank of Mexico, which, out of a total of 829,120,473
pesos made up from the balances of said institutions, is credited
with 289,763,746 pesos.
Through the courtesy of Mr. Edward D. Adams, of New York,
this office is enabled to submit a comparative statement of the
principal items of resources and liabilities of 46 leading banks in
Germany, as shown by reports of condition at the close of 1907 and
1906. The capital stock of the banks at the close of 1907 was $540,000,000; gross profits, $84,170,000; net profits, $54,280,000; and
dividends paid, $41,020,000, or 7.73 per cent. The statement
referred to will be found in the appendix of this report together with
a consolidated statement of the principal items of resources and
liabilities of the leading foreign banks of issue.
FOREIGN SAVINGS BANKS.

The following tables, prepared by Mr. Morris Jacobson, of the
Bureau of Statistics, Department of Commerce and Labor, show the
principal statistical data for the savings banks in the more important
countries of the world. Data of the first table relate to all savings
banks—private, municipal, and government, including postal savings banks. The figures in the second table relate to postal savings
banks only.




68

REPORT OF THE COMPTROLLER OF THE CURRENCY.

NUMBER OP DEPOSITORS AND AMOUNT OP DEPOSITS IN SAVINGS BANKS (INCLUDING
POSTAL SAVINGS

BANKS)

OP PRINCIPAL

COUNTRIES.

[Latest data taken from official records of the respective countries.]

Countries

Population.

Austria
Belgium....
Bulgaria....
Chile
Denmark c..
Egypt
France
Algeria..
Tunis...
Germany
Hungary
Italy........
Japan

27,202,000
7,239,000
4,028,000
3,400,000
2,600,000
11,206,000
39,260,000
5,232,000
2,000,000
60,746,000
20,469,000
33,910,000
49,319,000

Formosa.

3,152,000

In China and Korea.
Luxemburg
Netherlands
Dutch East Indies..
Curacao
Dutch Guiana
Norway
,
Roumania h
Russia (including Asiatic part).
Finland
Spain i
Sweden
Switzerland j
United Kingdom

218,000
5,672,000
37,020,000
53,000
78,000
2,321,000
6,292,000
146,442,000
2,927,000
19,566,000
5,337,000
3,100,000
44,100,000

British Colonies:
British India . . . 231,856,000
Australian Com- 4,130,000
monwealthNew Zealand...
901,000
Canada
5,984,000
British South
5,382,000
Africa.
British West In- 1,742,000
dies.
British Colonies, 11,915,000
n. e. s.

Date of reports.

87,496,000

Deposits.

Dec. 31,1905-60.
5,685,547 $1,086,797,635
Dec. 31,1906
6 2,419,740 156,733,934
Dec. 31,1904....
124,007
2,723,182
June 30,1908
198,419
22,876,142
Mar. 31,1906....
1,352,490 223,028,544
Dec. 31,1907....
1,928,749
74,179
Dec. 31, 1906....
12,462,900 921,150,000
Dec. 31,1905....
18,561
876,707
Dec. 31,1906....
4,795
923,392
Dtc. 31,1905....
17,947,538 3,016,719,512
Deo. 31,1906
1,632,450 391,666,881
Dec. 31,1907
d6,953,078 667,645,797
Dec. 31, 1906, to «14,471,560
99,289,016
Mar. 31, 1908.
754,453
Dec. 31, 1906, to
/ 74,635
Mar. 31,1907.
910,889
,do.
/ 61,611
Dec. 31,1906...
57,491
9,372,493
Dec. 31 1905-6o.
1,658,985
93,214,669
Dec. 31,1906-7 9,
66,523
5,359,446
Dec. 31,1905...
1,406
13,740
Dec. 31,1906...
6,525
261,405
826,873 108,124,517
do
157,099
8,038,960
Mar. 31,1904...
June 30, 1908...
6,376,996 595,598,312

Average Average
deposit deposit
per inaccount, habitant
$191.15
64.77
21.95
115.29
165.35
26.00
73.91
47.23
192.57.
168.09
239.93
96.02
6.86

$39.95
21.65
.68
6.73
86.01
.17
23.46
.17
.46
49.88
19 13
19.69
2.01

Dec. 31,1906
June 30, 1906, to
Mar. 31,1907.
1906
.do.
....do

.•

June 30,1908..
....do

.24

37.99
16.43
.14
.26
3.35
46.59
1.28
4-07

117. 74
114.07
94.17
148. 46
81.81

11.58
2.74
35.08
62.26
23.14

47,909,002
191,086,329

40.25
161. 66

.21
46.27

341,114
1205,623

54,358,927
61,910,623

159. 36
301.09

10.35

183,192

21,931,509

119. 72

4.07

5,449,115

66.19

3.13

185,149

12,486,703

67.44

1.05

92,520,410 9,297,682,919

Mar. 31,1907..
1906

10.11
14.71
163.03
56.19
80.55
9.77
40.06
130.76
51.17
93.40

82,320

Dec. 31,1906
Dec. 31,1907
do
1900
November to December, 1907. k

Total foreign 804,799,000
countries.
United Statesm
Philippine Islands.

Number of
depositors.

100.49

11.55

8,705,848 3,660,553,945
529,833
5,389

420.47
98,31

41.84

287,780
33,884,050
469,491
53,553,238
1,988,336 187,233,225
1,300,000 193,000,000
12,471,755 1,020,271,823
1,190.220
1,182,022

a Figures for private savings banks relate to the end of the calendar year 1905; figures for the postal savings banks relate to the end of 1906.
* Data for the state-controlled "Caisse Generate d'Epargne" includes savings deposits with post-offices.
»
In addition, reports are given for 3 municipal and 5 private savings banks. On December 31, 1906, the
former had 16,461 depositors credited with $1,840,556 of deposits, and the latter 26,5S4 depositors with
$7,896,692 of deposits.
c Includes all savings institutions. Figures for savings banks proper, exclusive of branches of ordinary
banks, were 996,615 depositors and $160,621,194 total deposits plus interest due on said deposits at the end
of the year.
d Exclusive of data for the "SocietS. Ordinarie di credito"and "Societa Cooperative di credito," which
held savings deposits to the amount of $137,013,066 under date of December 31,1906.
< Figures for private savings banks relate to the end of the calendar year 1906; figures for the postal savings banks relate to March Si, 1908.
/ figures for ordinary savings banks relate to the end of the calendar year 1906; figures for the postal savings banks relate to March 31, 1907.
0 Figures for private savings banks relate to the end of the calendar year 1906; figures for the postal savings banks relate to the end of 1907.
h Figures for the "Casa de economie" only
1 Includes savings deposits in ordinary banks. The "peseta" has been converted at the rate of 17.3 cents
Data taken from "Espafia Economica y Financiera," September 5, 1908.
j Estimates of M. Guiflaume de Fatio in the Journal de Statistique Suisse, 1900, No. 4.
k Figures for trustee savings banks relate to the year ending November 20; figures for postal savings
banks to December 31.
I Exclusive of data for special private savings banks, which on March 31, 1908, held deposits amounting
to $28,574,954. This total does not include the savings deposits in chartered banks (deposits payable after
notice or on a fixed day), which, on September 30, 1908, amounted to $410,332,819.
w Includes deposits in savings departments of commercial banks in Illinois.




EEPORT OF THE COMPTKOLLEB OF THE CURKENCY.

69

PogTAL SAVINGS BANK RETURNS.
[From official data of respective countries.]
Countries.
Austria:
Savings deposits..
Banking deposits.
Belgium
Bulgaria
France
Tunis
Hungary:
Savings deposits..
Banking deposits.
Italy..
Netherlands
Dutch East Indies
Dutch Guiana
Curagao
Russia, including Asiatic part..
Finland
Sweden.
United Kingdom
Australia:
New South Wales
Tasmania
Western Australia
New Zealand
Canada.
Guiana, British
,
India, British
South Africa, British.,
Straits Settlements
Ceylon
Gold Coast
,
Sierra Leone
Bahamas
Egypt
Japan
Formosa
In China and Korea...
Total
Philippine Islands

Date to which Number of
figures refer. depositors.

Dec. 31,1907
....do

Deposits.

Average
deposit.

Dec. 31,1906
Dec. 31,1904
Dec. 31,1906
....do

2,064,403
79,711
1,994,130
124,007
4,794,874
4,795

$44,270,035
74,693,077
126,481,656
2,723,182
258,374,735
923,392

$21.44
937.05
63.43
21.96
53.89
192.57

do
....do
Dec. 31,1907
....do
....do.
Dec. 31,1906
Dec. 31,1905
May 31,1906
Dec. 31,1906
.do
Dec. 31,1907

607,456
14,928
4,904,714
1,336,846
56,464
6,525
1,406
1,488,432
57,555
569,155
10,692,555

15,963,798
14,066,296
273,702,695
58,489,392
2,845,860
261,405
13,741
«99,649,925
1,213,973
14,498,185
766,474,125

26.28
942.28
55.80
43.75
50.40
40.06
9.77
66.95
21.09
25.47
71.68

June 30,1906
do
I
do
I Dec. 31,1906
Mar. 31,1907
Dec. 31,1906
Mar. 31,1907
June 30,1906
Dec. 31,1906
do
do
do
June 30,1906
Dec. 31,1907
Mar 31,1908
Mar. 31,1907
do

270,982
17,813
63,573
298,746
167,285
11,192
1,190,220
153,173
3,571
66,949
890
4,991
1,971
74,179
8,013,193
68,723
61,586

43,232,288
2,336,173
11,271,598
48,437,569
47,453,228
369,543
47,909,002
17,885,496
330,840
615,716
62,369
334,840
122,621
1,928,749
46,275,300
685,657
910,730

159.54
131.15
177.30
162.14
283.67
33.02
40.25
116.77
92.65
9.20
70.08
67.09
62.21
26.00
5.77
9.98
14.79

39,266,993 2,024,807,191
5,389
529.833

51.57
98.31

June 30,1908

a Deposits in the postal savings banks on June 30, 1908, amounted to S130,721,935, the number of depositors, however, not being given.
NOTE.—Postal savings bank system was established in the Philippines in 1907.

BANKING POWER OF THE WORLD.

The banking power of the United States in 1908, as represented by
capital, surplus and other profits, deposits, and circulation, of national and other reporting banks, together with estimated amount of
funds of this character in the nonreporting banks, has been shown to be
$17,642,705,274. From the latest and most reliable data obtainable
the banking power of foreign countries is estimated at $28,107,600,000,
as follows:
British Empire
Continental Europe
Central and South America
Other foreign banks
Foreign savings banks
Total

$11,157,000,000
5,472, 600,000
851, 700,000
1, 328, 600,000
9, 297,700,000
28,107, 600,000

The world's banking power in 1890, according to Mulhall, was
$15,985,000,000, the United States being credited with $5,150,000,000
of this amount. Since that year the banking power of the United
States has increased to the extent of $12,492,700,000, or over 242
per cent; that of foreign countries $17,272,600,000, or 159 per cent;




70

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

and the combined banking power $29,765,300,000, or 186 per cent.
The following statement relating to the banking power of the world
in 1890 and 1908 shows also the amounts and percentages of increase:
BANKING POWER OF THE WORLD.
Increase.
1890.

1908.
Amount.

Per
cent.

Banking power of the United States
Banking power of foreign countries.

Millions.
$5,150.0
10,835.0

Millions.
$17,642.7
28,107.6

Millions.
$12,492. 7
17,272.6

242.58
159.41

Banking power of the world..

15,985.0

45,750.3

29,765.3

186.21

THE OKLAHOMA DEPOSIT GUARANTY LAW.

The banking law of the State of Oklahoma, which includes the
"deposit guaranty" feature, was approved by the governor on
December 17, 1907, and became operative February 17, 1908. The
law provides that within sixty days after its passage and approval
the state banking board shall levy against the capital stock an
assessment of 1 per cent of the bank's daily average deposits, exclusive of the deposits of state and United States funds properly secured.
Provision is also made for additional assessments if the guaranty
fund is depleted, in order to keep the fund equal to 1 per cent of
the deposits as provided by the act. Section 4 permits national
banks in the State to voluntarily avail their depositors of the guaranty
feature.
Under the first assessment by the state banking board $150,000
was collected, of which $111,000 w^as invested in state warrants
drawing 6 per cent interest, this investment being made by reason
of the fact that the warrants can be deposited and the actual cash
received therefor on demand. The remainder of the fund was
deposited in banks with interest at the rate of 3 per cent, under the
same regulations which govern the state treasurer in depositing state
funds.
The number of banks in the State of Oklahoma is claimed to be
approximately 800, of which on the date the act in question became
effective 312 were national. The records show that 57 national
banks availed themselves of the privileges of the state law, but upon
being advised that in the opinion of the Attorney-General of the
United States their action was ultra vires, a large portion of the
banks withdrew, and 22 with aggregate capital of $850,000 were
placed in voluntary liquidation, of which 17 with capital of $650,000
were succeeded by or reorganized as state banks, and 5 with aggreate capital of $200,000 were consolidated with other national banks,
t should be stated, however, that the period covered by these
liquidations was the year ended October 31, 1908. Extracts from
the opinion of the Attorney-General appeared in the press, but the
text in full is submitted herewith

f

DEPARTMENT OF JUSTICE,

Washington, July 28, 1908.
The SECRETARY OF THE TREASURY.

SIR: I received from you on March 4, 1908, a letter in which, at the instance of the
Comptroller
 of the Currency, you requested my opinion "as to the legal right of


REPORT OF THE COMPTROLLER OF THE CURRENCY.

71

national banks in the State of Oklahoma to contribute toward the guaranty fund or
to avail themselves of the other privileges of the state banking act" in that State.
On March 9 I called your attention to the fact that this question did not appear to
me, as then advised, one arising in connection with a matter requiring action on
your part, and therefore would not be one as to which the Attorney-General was
required by law or permitted by established practice to give an opinion. On May
14 following you informed me that the matter was one which, in your judgment^
would require action by the Comptroller of the Currency, who could perform such
duty only under the general direction of the Secretary of the Treasury, in accordance
with United States Revised Statutes, section 324. You further informed me that if
in my opinion the acceptance of the provisions of the Oklahoma statute was not
within the powers of a national bank, you proposed to direct the Comptroller to
bring suit to forfeit the charter of a certain national bank in Oklahoma, in case it should
persist in accepting the provisions of the statute in question after being notified not
to do so by the Comptroller, and that the immediate official action contemplated by
your inquiry was a notification by the Comptroller to the said bank to the effect that
its action would or would not be regarded as appropriate ground for such proceeding.
I have explained these circumstances, because I feel bound, as a matter of precedent,
to say that I still entertain some doubt as to whether the case above stated constitutes
one of a character prescribed by the statute as justifying and requiring the expression of an opinion by the Attorney-General; but holding that, as a matter of public
policy as well as of courtesy, any doubt on a question of this nature should be
determined in favor of the propriety of such advice, I proceed to answer the question
above set forth.
National banks are instruments of the Government of the United States. The
Congress creates them by virtue of its general powers to provide for such, instruments,
and no State can, by any law, interfere with their management or operation, in so far
as these are determined expressly or by reasonable implication in the laws of the United
States. Easton v. Iowa (188 U. S., 229); Davis v. Elmira Sayings Bank (161 U. S.,
275, p. 283). It seems to me quite immaterial whether the officers or stockholders of
the bank are, or are not, voluntary parties to the state action thus affecting its operations. The legality of such state action whether it takes the form of a law to be
enforced in invitum against the bank, or of a contract to be entered into by the bank
with state officers authorized by law to make such contract, must depend upon
whether it is in accordance with the federal statutes regulating the organization, government, and operation of the banks, or with the policies embodied and the public
purposes sought to be attained by such laws. The statute of Oklahoma to which you
call my attention creates a state banking board, composed of pertain designated state
officers, and requires the said board to "levy against the capital stock an assessment
of 1 per cent of the bank's daily average deposits," with certain deductions, "upon
each, and every bank organized and existing under the laws of this State." This
assessment is to constitute what is designated as a "depositor's guaranty fund," and
additional assessments are to be levied against the capital stock of the banks, proportionately to the amount of their deposits, so as to always maintain the fund at the
designated amount. This fund is to be used in paying the depositors of any bank
included within the terms of the statute any deficiency there may be in the amount
to be received by them from the assets of such bank in the event of its failure. By
section 4 it is provided that any national bank in the said State, with the approval of
the bank commissioner thereto, "may voluntarily avail its depositors of the protection
of the depositor's guaranty fund, by application to the state banking board, in writing;" it being further provided that the application in such case "may be sustained
upon terms and conditions in harmony with the purpose of this act, to be agreed upon
by the state banking board, and the bank commissioner."
While the language of the last-mentioned section is peculiar and somewhat involved,
its meaning seems to be sufficiently clear, namely, that if a national bank in Oklahoma sees fit to submit itself voluntarily to the terms of the state banking law, in so
far as the same may be deemed necessary in its case to secure harmony with the
purposes of the said act by the board and commissioner, its deposits will be guaranteed
by the board out of the fund provided by assessment as above explained, it being,
of course, indispensable, for the purpose indicated, that such bank should contribute
its quota toward the maintenance of the fund and, for this purpose, should submit
itself to assessments to be levied against its capital by the commissioner for the purpose of meeting claims of depositors in state banks against those institutions and
of depositors in other national banks which may likewise accept the terms of the act
organizing them. In the papers transmitted to me in connection with your question,
and in the memoranda which I have caused to be prepared for assistance in passing
upon the questions involved, there is some discussion as to whether this can be considered an insurance of the bank's deposits and, as such, a legitimate if somewhat



72

REPORT OF THE COMPTROLLER OF THE CURRENCY.

novel feature in the conduct of its business. So far as I am aware there is no provision of law or rule of public policy forbidding a depositor in a national bank from
obtaining insurance on the solvency of the bank and the consequent payment of his
debt in accordance with its legal import; but the business of insuring deposits is a wholly
separate business from that of banking, and a corporation organized for the latter
business would have no greater right to embarrass its funds and risk its credit in the
former than it would have to engage in life insurance or fire insurance, or casualty
or marine insurance. Moreover, it is to be observed that the bank, and not the
depositor, pays the premium or the equivalent of a premium, if the system of guaranty
established by the Oklahoma law is to be regarded in the light of an insurance, and
upon this assumption, therefore, the question would be whether the stockholders of
a national bank, constituting, as they do, the corporation, are authorized to embark in
the business of insuring their depositors against loss through the methods set forth in
this state statute, in consideration, presumably, of the increased amount of deposits
which they would thus obtain. I find no provision of the national banking law
authorizing any such action on their part, and, in my opinion, a business 01 this
nature would be essentially foreign to the legitimate functions of a national bank as
an instrument of government.
I do not, however, consider an application under this law by a national bank as, in
any proper sense, an insurance of its deposits. This may be an incidental consequence
of such action, but the action involves essentially a guaranty to the depositors of all
state banks in Oklahoma and other national banks in that State which may accept
the terms of the law that their respective deposits shall be paid in full. The satisfaction of this guaranty may, at least in theory, involve the complete exhaustion of
the assets of the bank entering into it, for, although in the first instance, the assessment
is to amount to only 1 per cent of the average deposits during the preceding year, yet
a special assessment may be, and must be, made by the board in case there is any
deficiency in the sum provided. These assessments might conceivably absorb the
entire sum of the aggregate assets out of which they must be paid. It is generally
recognized that a national bank has no power to guarantee the obligations of a third
party unless in connection with a sale or transfer of its own property, and as an incident
to the banking business. If it be the owner of a promissory note, or other negotiable
obligation, it may sell such instrument and indorse it as a part of the transaction of
sale, but a contract guaranteeing the payment by another corporation or an individual
of obligations in nowise connected with the business of the bank is clearly ultra vires.
(Bowen v. Needles National Bank, 94 Fed. Rep., 925; Flanagan v. California National
Bank, 66 Fed. Rep., 959; Commercial National Bank et al. v. Pirie et al., 82 Fed.
Rep., 799.) It has been argued that the bank in this case would not guarantee the
obligations of other banks,but would only agree to put the State of Oklahoma, through
its banking board, in funds to make effectual such a guaranty on its part. I think
this is a distinction without a difference. If two banks were to mutually agree each
to guarantee the obligations of the other it would surely make no difference in the
import of such an agreement that the money necessary to give effect to the agreement
should be paid to and disbursed by a third party. The result is that the property of
each corporation becomes responsible for the debts of the other. In this instance
the State of Oklahoma does not propose to raise any money by general taxation to
meet the claims of these favored private creditors. The resources for their payment
are to be derived entirely from the voluntary or compulsory contributions of the
banks assessed, and the banking board constitutes a mere assessing, rebating, and
distributing agency, whose existence can not in anywise affect the substantial inci»
dents of the system thus established.
I have not overlooked the fact that, by the terms of the proposed contract between
the bank in question and the State or its banking board, the said bank agrees to do
nothing which shall be in conflict with the federal law; but this provision is not
relevant, for the entire contract is ultra vires for a national bank, and prohibited by
the necessary intendment of the statute. I hold that such is the fact with respect to
the contract proposed in this case; that it is illegal for the officers of any national bank
to enter into such an agreement as is contemplated by section 4 of the Oklahoma
statute, and that persistent and willful action to this effect on the part of any such
bank would be just cause for the forfeiture of it? charter.
I remain, sir, yours, very respectfully,




CHAKLES J. BONAPARTE,

A ttorney-General.

BEPOKT OF THE COMPTROLLEE OF THE CURRENCY.

73

NATIONAL BANK LEGISLATION OF 1908.

On May 30, 1908, the act was approved providing for the formation
of national currency associations, the issue of additional national bank
currency, and the creation of a il National Monetary Commission."
The salient provisions of the act are as follows:
' SEC. 1. National banking associations each hav ng unimpaired capital and a surplus
of not less than 20 per cent, not less than ten in number, having an aggregate capital
and surplus of at least five millions of dollars, may form voluntary associations to be
designated as "national currency associations."
National currency associations shall have and exercise any and all powers necessary
to carry out the purposes of this section, namely, to render available, under the direction and control of the Secretary of the Treasury, as a basis for additional circulation '
any securities, including commercial paper, held by a national banking association.
For the purpose of obtaining such additional circulation, any bank belonging to any
national currency association, having circulating notes outstanding secured by the
deposit of bonds of the United States to an amount not less than forty per centum of
its capital stock, and which has its capital unimpaired and a surplus of not less than
twenty per centum, may deposit with and transfer to the association, in trust for the
United States, for the purpose hereinafter provided, such of the securities above mentioned as may be satisfactory to the board of the association. The officers of the association may thereupon, in behalf of such bank, make application to the Comptroller of
the Currency for an issue of additional circulating notes to an amount not exceeding
seventy-five per centum of the cash value of the securities or commercial paper so
deposited. The Comptroller of the Currency shall immediately transmit such application to the Secretary of the Treasury with such recommendation as he thinks proper,
and if, in the judgment of the Secretary of the Treasury, business conditions in the
locality demand additional circulation, and if he be satisfied with the character and
value of the securities proposed and that a lien in favor of the United States on the
securities so deposited and on the assets of the banks composing the association will be
amply sufficient for the protection of the United States, he may direct an issue of
additional circulating notes to the association, on behalf of such bank, to an amount
in his discretion, not, however, exceeding seventy-five per centum of the cash value
of the securities so deposited: Provided, That upon the deposit of any of the state, city,
town, county, or other municipal bonds, of a character described in section three of
this act, circulating notes may be issued to the extent of not exceeding ninety per
centum of the market value of such bonds so deposited: And provided further,, That no
national banking association shall be authorized in any event to issue circulating
notes based on commercial paper in excess of thirty per centum of its unimpaired
capital and surplus. The term "commercial paper" shall be held to include only
notes representing actual commercial transactions, which when accepted by the
association shall bear the names of at least two responsible parties and have not exceeding four months to run.
SEC. 2. That whenever any bank belonging to a national currency association shall
fail to preserve or make good its redemption fund in the Treasury of the United States,
required by section three of the act of June twentieth, eighteen hundred and seventyfour, chapter three hundred and forty-three, and the provisions of this act, the Treasurer of the United States shall notify such national currency association to make good
such redemption fund, and upon the failure of such national currency association to
make good such fund, the Treasurer of the United States may, in his discretion; apply
so much of the redemption fund belonging to the other banks composing such national
currency association as may be necessary for that purpose; and such national currency
association may, after five days' notice to such bank, proceed to sell at public pale
the securities deposited by such bank with the association pursuant to the provisions
of section one of this act, and deposit the proceeds with the Treasurer of the United
States as a fund for the redemption of the additional circulation taken out by such
bank under this act.
SEC. 3. Thatany national banking association whichhas circulating notes outstanding
secured by the deposit of United States bonds to an amount of not less than forty
per centum of its capital stock, and which has a surplus of not less than twenty per
centum, may make application to the Comptroller of the Currency for authority to
issue additional circulating notes to be secured by the deposit of bonds other than
bonds of the United States. The Comptroller of the Currency shall transmit immediately the application, with his recommendation, to the Secretary of the Treasury,



74

REPORT OF THE COMPTROLLER OF THE CURRENCY,

who shall, if in his judgment business conditions in the locality demand additional
circulation, approve the same, and shall determine the time of issue and fix the
amount, within the limitations herein imposed, of the additional circulating notes
to be issued. Whenever after receiving notice of such approval any such association
shall deposit with the Treasurer or any assistant treasurer of the United States such
of the bonds described in this section as shall be approved in character and amount
by the Treasurer of the United States and the Secretary of the Treasury, it shall be
entitled to receive, upon the order of the Comptroller of the Currency, circulating
notes in blank, registered and countersigned as provided by law, not exceeding in
amount ninety per centum of the market value, but not in excess of the par value
of any bonds so deposited, such market value to be ascertained and determined under
the direction of the Secretary of the Treasury.
The Treasurer of the United States, with the approval of the Secretary of the Treasury, shall accept as security for the additional circulating notes provided for in thia
section, bonds or other interest-bearing obligations of any State of the United States,
or any legally authorized bonds issued by any city, town, county, or other legally
constituted municipality or district in the United States which has been in existence
for a period of ten years, and which for a period of ten years previous to such deposit
has not defaulted in the payment of any part of either principal or interest of any
funded debt authorized to be contracted by it, and whose net funded indebtedness
does not exceed ten per centum of the valuation of its taxable property, to be ascertained by the last preceding valuation of property for the assessment of taxes. The
Treasurer of the United States, with the approval of the Secretary of the Treasury,
shall accept, for the purposes of this section, securities herein enumerated in such
proportions as he may from time to time determine, and he may with such approval
ist any time require the deposit of additional securities, or require any association to
change the character of the securities already on deposit.

Section 4 relates to the assignment and transfer of bonds to the
Treasurer as security for circulation.
SEC. 5. That the additional circulating notes issued under this act shall be used,
held, and treated in the same way as circulating notes of national banking associations
heretofore issued and secured by a deposit of United States bonds, and shall be subject
to all .the provisions of law affecting such notes except as herein expressly modified:
Provided, That the total amount of circulating notes outstanding of any national
banking association, including notes secured by United States bonds as now provided
by law, and notes secured otherwise than by deposit of such bonds, shall not at any
time exceed the amount of its unimpaired capital and surplus: And provided further,
That there shall not be outstanding at any time circulating notes issued under the
provisions of this act to an amount of more than five hundred millions of dollars.
SEC. 6. That whenever and so long as any national banking association has outstanding any of the additional circulating notes authorized to be issued by the provisions of this act it shall keep on deposit in the Treasury of the United States, in
addition to the redemption fund required by section three of the act of June twentieth,
eighteen hundred and seventy-four, an additional sum equal to five per centum of
such additional circulation at any time outstanding, such additional five per centum
to be treated, held, and used in all respects in the same manner as the original redemption fund provided for by said section three of the act of June twentieth, eighteen
hundred and seventy-four.

Section 7 confers authority upon the Secretary of the Treasury to
determine the method of distribution of circulating notes to be issued
under authority of this act; and section 8 makes it the duty of the
Secretary to obtain information with respect to the character and
value of securities authorized to be accepted as security for circulation, and to furnish such information to national banking associations.
Section 9 relates to the semiannual duty payable on national bank
circulation and amends section 5214 of the Revised Statutes wherein
provision is made for a semiannual tax of one-fourth of 1 per cent
on circulating notes secured by bonds bearing interest at the rate of
2 per cent per annum, including Panama Canal bonds, and one-half
of 1 per cent semiannually upon circulation secured by United States



REPORT OF THE COMPTROLLER OF THE CURRENCY.

75

bonds bearing a higher rate of interest than 2 per cent. To this
section is added the following:
National banking associations having circulating notes secured otherwise than by
bonds of the United States shall pay for the first month a tax at the rate of five per
centum per annum upon the average amount of such of their notes in circulation as
are based upon the deposit of such securities, and afterwards an additional tax of one
per centum per annum for each month until a tax of ten per centum per annum is
reached, and thereafter such tax of ten per centum per annum, upon the average
amount of such notes. Every national banking association haying outstanding
circulating notes secured by a deposit of other securities than United States bonds
shall make monthly returns, under oath of its president or cashier, to the Treasurer of
the United States, in such form as the Treasurer may prescribe, of the average monthly
amount of its notes so secured in circulation; and it shall be the duty of the Comptroller
of the Currency to cause such reports of notes in circulation to be verified by examination of the banks' records. The taxes received on circulating notes secured otherwise
than by bonds of the United States shall be paid into the Division of Redemption
of the Treasury and credited and added to the reserve fund held for the redemption
of United States and other notes.

Section 10 amends section 9 of the act approved July 12, 1882,
as amended by the act approved March 4 ; 1907, relating to the
withdrawal of circulating notes and limiting the amount of lawful
money that may be deposited for that purpose, to nine millions of
dollars in any calendar month, by the addition of the following:
Any national banking association desiring to withdraw any of its circulating
notes, secured by the deposit of securities other than bonds of the United States,
may make such withdrawal at any time in like manner and effect by the deposit of
lawful money or national bank notes with the Treasurer of the United States, and
upon such deposit a proportionate share of the securities so deposited may be withdrawn: Provided^ That the deposits under this section to retire notes secured by the
deposit of securities other than bonds of the United States shall not be covered into
the Treasury, as required by section six of an act entitled "An act directing the purchase of silver bullion and the issue of Treasury notes thereon, and for other purposes," approved July fourteenth, eighteen hundred and ninety, but shall be retained
in the Treasury for the purpose of redeeming the notes of the bank making such
deposit.

Section 11 amends section 5172 of the Revised Statutes to read
as follows:
In order to furnish suitable notes for circulation, the Comptroller of the Currency
shall, under the direction of the Secretary of the Treasury, cause plates and dies to
be engraved, in the best manner to guard against counterfeiting and fraudulent alterations, and shall have printed therefrom, and numbered, such quantity of circulating notes, in blank, of the denominations of five dollars, ten dollars, twenty dollars,
fifty dollars, one hundred dollars, five hundred dollars, one thousand dollars, and
ten thousand dollars, as may be required to supply the associations entitled to receive
the same. Such notes shall state upon their face that they are secured by United
States bonds or other securities, certified by the written or engraved signatures of the
Treasurer and Register and by the imprint of the seal of the Treasury. They shall
also express upon their face the promise of the association receiving the same to pay
on demand, attested by the signature of the president or vice-president and cashier.
The Comptroller of the Currency, acting under the direction of the Secretary of the
Treasury, shall as soon as practicable cause to be prepared circulating notes in blank,'
registered and countersigned, as provided by law, to an amount equal to fifty per
centum of the capital stock of each national banking association; such notes to be
deposited in the Treasury or in the subtreasury of the United States nearest the place
of business of each association, and to be held for such association, subject to the
order of the Comptroller of the Currency, for their delivery as provided by law: Pro*
vided, That the Comptroller of the Currency may issue national-bank notes of the
present form until plates can be prepared and circulating notes issued as above provided: Provided, however, That in no event shall bank notes of the present form b$
issued to any bank as additional circulation provided for by this act.




76

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

The act of June 20, 1874, provided for the redemption of nationalbank currency in United States notes; but section 12 of this act requires redemptions in lawful money of the United States.
Section 13 provides that all acts and orders of the Treasurer of the
United States and the Comptroller of the Currency authorized by
the act shall have the approval of the Secretary of the Treasury, and
confers power upon the Secretary to make such rules and regulations
and. exercise such control in the organization and management of
national currency associations as may be necessary to carry out the
purposes of the act.
Section 14 exempts national banks from holding reserve on deposits
of public money by the United States in designated depositaries; and
section 15 requires the payment of interest on public moneys at a rate
to be prescribed by the Secretary of the Treasury, not less, however,
than 1 per cent per annum, and requires that the rate upon such
deposits shall be equal and uniform throughout the United States.
Section 16 provides for the appropriation of a sum sufficient to
carry out the purposes of the preceding sections of the act.
Sections 17, 18, and 19 provide for the creation of a "National
Monetary Commission/7 and make it the duty of the commission to
report to Congress at the earliest date practicable whatever changes
are necessary or desirable in the monetary system of the United
States or in the laws relating to banking and currency.
Section 20 provides that the act shall expire by limitation on June
30, 1914.
Under date of June 10, 1908, the Secretary of the Treasury issued
a circular letter embodying the act of May 30, and containing the
following information in relation to the formation of national currency
associations and the issue of additional national-bank notes:
National banks occupying contiguous territory may organize a national currency
association. There must be at least ten national banks in each national currency
association, and the aggregate capital and surplus of such national banks must be at
least $5,000,000. No national bank may join a national currency association unless
it has an unimpaired capital and a surplus of not less than 20 per cent. After the formation of an association any national bank belonging thereto, whose outstanding
circulating notes actually issued amount to not less than 40 per cent of its capital, may
obtain additional circulating notes in the manner provided in section 1 of the above
act.
National banks possessing the same qualifications as to unimpaired capital and
surplus required of banks joining a national currency association, and whose circulating notes outstanding and actually issued are equal to 40 per cent of its capital stock,
may obtain additional circulating notes based upon the securities prescribed in said
section 3 and in the manner indicated therein.
In pursuance oi the requirements of the above act, the following regulations are
hereby established:
The national banks located in any city in the United States containing ten or more
such banks, having an aggregate unimpaired capital and surplus of not less than
$5,000,000, may form a national currency association. Ten or more national banks
possessing an aggregate unimpaired capital and surplus of not less than $5,000,000
may form a national currency association of the banks located within any contiguous
territory outside of cities; but in order that all national banks in the United States
possessing the qualifications of unimpaired capital and 20 per cent surplus prescribed
m the act may, ii they desire, be included within the membership of some national
currency association, the Secretary hereby expressly reserves the right to add to, and
include in, the territory of any national currency association formed in accordance
with the provisions of the act any contiguous territory containing national banks which,
but for such inclusion, would be excluded from, or inconveniently located as to, a
national currency association.



REPORT OF THE COMPTROLLER OF THE CURRENCY.

77

National banks are advised that the names of the national currency associations
must be indicative of the locality of the several associations. It is not feasible, for
instance, to permit an association to style itself "First National Currency Association."
Accompanying herewith is a blank form of resolution which should be adopted by
the board of directors of each of the national banks desiring to form a national currency
association, empowering its president or vice-president, as the case may be, to act
in the formation of such national currency association; also a blank form of application to be used by a bank desiring to join an association. These papers are to be
presented at a meeting of national banks held for the purpose of forming a national
currency association.
There has been prepared a blank form of certificate to be executed by the officers
and executive committees of national currency associations and forwarded to the
Secretary of the Treasury with the duly authenticated resolutions and applications
above mentioned.
Upon receipt of the certificate above mentioned, and the papers which should
accompany the same, they will be examined under the direction of the Secretary of
the Treasury, and notice of approval or disapproval will be promptly forwarded to the
association. * * *
National banks within some of the States are not eligible to form by themselves
national currency associations, the aggregate capital and surplus being insufficient
for the formation of such association. It is apparent, therefore, that the national
banks in these States must affiliate with national banks in contiguous States in order
to effect the formation of an association.
The Secretary will not at this time allot any territory for the formation of national
currency associations other than as is herein indicated. It is thought that the banks
may prefer to come together of their own volition. It is preferable that state lines
be observed as far as practicable, and due notice should be taken of the fact that
each national bank desiring to become a member of a national currency association
should be affiliated with the national banks in its neighborhood, and not apply for
admission to an association not occupying contiguous territory.
Under the law national banks not taking part in the formation of a national currency
association, but possessing the qualifications of membership, may apply to the Secretary of the Treasury for admission to some association, and upon his approval of their
applications they may be admitted to membership in a national currency association
for their city or territory.
It will be observed that the foregoing relates only to the formation of national currency associations. The method to be followed in obtaining additional circulation
through such national currency associations will be made the subject of a separate
circular to be issued later. It should be stated in this connection, however, that
national banks belonging to national currency associations and desiring to obtain
additional circulation through their associations must apply therefor and submit
their lists of securities to the officers of their respective associations, and not to the
Secretary of the Treasury. Applications to the Secretary for additional circulation
will be made by officers of the national currency associations.
Applications for additional circulation under section 3, by individual national
banks, may be addressed, when the circulation is desired, to the Comptroller of the
Currency. That officer will advise any national bank as to the details of procedure.
National banks, by examining section 6 of the act, will see that the redemption fund
to be deposited in the Treasury on account of additional circulation authorized by the
act must consist of 10 per cent of such additional circulation.
Section 10 of the act provides that additional circulation issued under the provisions
of the act may be retired at any time, without restriction as to the aggregate amount
retired in any one month.
Referring to section 15 of the act, the rate of interest to be paid by depositary banks
is hereby fixed at 1 per cent per annum upon the average monthly amount of public
deposits held, to be computed from June 15, 1908, and to be payable July 1, 1908, and
thereafter on January 1 and July 1 of each year. Interest will be paid on the entire
amount held by temporary or special depositaries, and on the amount held by regular
depositaries in excess of the amount needed for the transaction of public business.
Each bank will be advised by letter of the precise amount of its public deposits exempt
from payment of interest.
The Secretary hereby reserves the right at any time, upon notice, to increase the rate
of the interest to be paid by depositary banks.




78

EEPORT OF THE COMPTROLLER OF THE CURRENCY,

The following are copies of blank forms furnished by the Secretary
for the submission of evidence of the formation of national currency
associations:
RESOLUTION AUTHORIZING NATIONAL BANKS TO JOIN NATIONAL CURRENCY
ASSOCIATIONS.

At a regular meeting of the board of directors of the
National Bank of
held
, 190—, it was on motion, Resolved, That
, president or
vice-president, be, and he is hereby, authorized and empowered, for and in behalf
of said bank, to make application for admission to membership in the
National
Currency Association of
, and to execute all papers in connection therewith
as provided in section 1 of the act of Congress (Public No. 169) entitled "An act to
amend the national banking laws," approved May 30, 1908.
I certify that the above is a true copy from the minutes.
[SEAL OF BANK.]

,
Secretary of Board of Directors.

This resolution should be certified by some officer of the institution other than the
one empowered to act.

CERTIFICATE OF A NATIONAL BANK TAKING PART IN THE FORMATION OF A NATIONAL
CURRENCY ASSOCIATION.
OFFICE OF

NATIONAL BANK,

of
—, 190—.
It is hereby certified that the
National Bank of
has this day taken
part in the formation of the
National Currency Association of
, whose
principal place of business will be in tire city of
.
The unimpaired capital of this bank is
dollars ($
), and its surplus on the
day of
, 190—, was
dollars ($
).
Executed this
day of
, 190—, by
, president or vice-president, in pursuance of a resolution adopted by the board of directors of said bank
at a meeting held at its place of business in
— on the
day of
, 190—,
a duly authenticated copy of which is hereto attached.
President or

Vice-President.

CERTIFICATE OF FORMATION OF A NATIONAL CURRENCY ASSOCIATION.
NATIONAL CURRENCY ASSOCIATION,

Town or city,

, State

-.,

Date,

, 1908.

It is hereby certified that the following-named national banking associations have
formed a voluntary association under the act entitled *' An act to amend the national
banking laws," approved May 30, 1908; that the business of said association is to be
conducted in the city of
under the name of the
National Currency
Association, said name to be subject to the approval of the Secretary of the Treasury;
that the
National Currency Association was formed at a meeting held
,
1908, in the city of
, at which was present a duly authorized representative
of each of the national banking associations named below. The presiding officer
was
of the 1
National Bank of
and the secretary was
of the
National Bank of
By-laws were adopted subject to the approval of
the Secretary of the Treasury, of which a certified copy is herewith inclosed.
Officers of the association were elected as follows:
..
of the
National Bank of
president,
of the
National Bank of
vice-president,
of the
National Bank of
secretary, and
of the
National Bank of
treasurer, and
of
the
National Bank of
,
of the
National Bank of
,
of the National Bank of
,
of the
National Bank of
,



REPORT OP THE COMPTROLLER OF THE CURRENCY.
and
of the
mittee of the

79

National Bank of
, members of the executive comNational Currency Association of

Name of bank.

Location.

Unimpaired
capital.

Surplus. !

We, the presiding officer and secretary of the above-described meeting, do hereby
certify that the foregoing is a true statement of the proceedings at the meeting held
, 1908, in the city of
Presiding Officer.
Secretary.
TREASURY DEPARTMENT,

, 190-.

Approved as to the name and by-laws of the
Secretary.

The following is a copy of the form prepared by the Comptroller
of the Currency to be used by national banks in applying for authority
to deposit bonds under section 3 of the act approved May 30, 1908,
as security for additional circulation:
REQUEST FOR AUTHORITY TO ISSUE ADDITIONAL CIRCULATION ON SECURITIES OTHER
THAN UNITED STATES BONDS.

Date.
The COMPTROLLER OF THE CURRENCY,

Washington, D. C.
SIR: The
National Bank of
, unimpaired capital $
, surplus
$
, United States bond-secured circulation $
, requests authority to issue
additional circulation, under section 3 of the act approved May 30, 1908, to the amount
authorized, on the security of state, etc., bonds and other obligations hereinafter
scheduled. The corporations issuing the bonds, etc., have been in existence for at
least ten years, and in that period have not defaulted in the payment of any part of
either principal or interest of any authorized funded debt.
Respectfully,
Cashier.
[NOTE.—In the column headed ''Character" insert complete but brief description of bonds or other obligations tendered.]
Securities tendered.

Character.




Amount.

,

Corporations issuing bonds
or other obligations.

Valuation
Interest Present mar- of taxable
ket value
rate.
per $100. ' property.

Net funded
indebtedness.

80

REPORT OF THE COMPTROLLER OF THE CURRENCY.

The National Currency Association of Washington, D. C*, is the
only association so far formed and approved under authority of
section 1 of the act of May 30, 1908, but this association has not
applied to the Comptroller of the Currency for the issue of additional
circulation to any of its constituent members.
Numerous inquiries have been received at the department with
respect to the character of bonds available as security for circulation under the provisions of section 3, and the work of obtaining
information with reference to the value and character of securities
authorized to be accepted is now in progress, and when completed
the information necessary will be furnished to the banks.
Under authority of section 11 of the act, the work of preparing
plates for the printing of bank circulation and the change of existing
plates, to state upon the notes printed therefrom that the notes
" are secured by United States bonds or other securities" was promptly
undertaken by the Bureau of Engraving and Printing under directions of the Secretary of the Treasury and the Comptroller of the
Currency. By October 31, of the approximately 10,000 plates in use
3,950 had been changed and circulating notes printed therefrom
to the amount of $277,742,700, of which, however, but $27,080,220
have been issued to the banks, leaving notes of this issue on hand
in the vaults of the Treasury to the amount of $250,662,480. As
rapidly as possible all of the plates will be changed and ultimately a
permanent stock of circulating notes printed therefrom, equaling
50 per cent of the capital stock of the banks.
INSOLVENT NATIONAL BANKS.

In the year ended October 31, 1908, the following-named national
banks were closed and placed in the charge of receivers:

Name and location of
bank.

Circulation-

Charter
number.

Date of authority to
commence
business.

Date of
closing.

Capital
stock.

3519

June 10,1886

Nov. 4,1907

$100,000

First National Bank, Leetonia, Ohio
Aurora National Bank,
Aurora, Ind
Globe National Bank,
Globe, Ariz.o
Woods National Bank,
San Antonio, Tex
First National Bank,
Mingo Junction, Ohio a.
First National Bank,
Eagle Lake, Tex.a
City National
Bank,
Frederick, Okla.o
First National Bank,
Globe Ariz.o
Hot Springs National
Bank, Hot Springs, S.
Dak
National Bank of Commerce, Kansas City,

2963

May 26,1883

8193

Apr. 25,1906

7316

June 25,1904

5694
7534
8206

Jan. 26,1901
Dec. 30,1904
May

4,1906

ReOutdeemed. standing.

$45,765

$100,000

$54,235

13,178

25,000

11,822

50,000

50,000

11,410

38,590

200,000

200,000

84,840

115,160

12,800

425

12,375

10,000

500

9,500
6,130

50,000

do
Nov. 7,1907
do
Nov. 9,1907

25,000
40,000

do
Nov. 19,1907

25,000

6,250

120

50,000

5,200

44,800

25,000

9,650

15,350

6579

Jan. 12,1903

Nov. 22,1907

50,000

6339

July 14,1902

Nov. 27,1907

25,000

3760 July 25,1887 Dec.
Fort Pitt National Bank,
Pittsburg, Pa
2415 Mar. 6,1879 Dec.
Jewelers National Bank,
North Attleboro, Mass.. 7675 Mar. 31,1905 Dec.
Peoples National Bank,
Franklinville, N. Y
8157 Apr. 3,1906 Jan.
* Restored to solvency and




Issued.

91,650

908,350

500,000

363,605

136,395

100,000

25,000

23,000

2,000

13,1908
25,000
resumed business.

20,000

9,900

10,100

5,1907 1,000,000 1,000,000
6,1907 1,000,000
18,1907

R3P0RT OF THE COMPTROLLER OF THE CURRENCY.

Name and location of
bank.

National Bank of North
America in New York,
N. Y
New Amsterdam National
Bank, New York, N.Y.
City National
Bank,
Greensboro, N. C
Peoples National Bank,
Aspen, Colo, o
First National Bank, Bisbee, Ariz
Farmers National Bank,
Emlenton, Pa. a
First National Bank,Clintonville, Pa
First National Bank, East
Brady, Pa
First National Bank, Manasquan, N. J
First National Bank, Ramona, Okla
Allegheny National Bank, |
Pittsburg, Pa
I
National Deposit Bank, I
Philadelphia, Pa
|
First National Bank, Rocki
Creek, Ohio
First National Bank,
Friendly, W. Va
First National Bank,Belle
Plaine. Minn, a
First National Bank,Niles,
Ohio
Cosmopolitan
National
Bank, Pittsburg, P a . . .
Fanners and Traders
National Bank, La
Grande, Oreg
Union National Bank,
Summerville, Pa
First National Bank,Carroll, Iowa

Charter
number.

Date of authority to
commence
business.

81

CirculationDate of
closing.

Capital
stock.

OutIteIssued. I deemed. standing.
i

"I

5783

June 11,1891 Jan. 27,1908 $2,000,000 $404,94.5 ! $173,998
Apr. 18, 1901 Jan. 29,1908 1,000,000 150,000 j 82,900

51G8

Jan. 14, 1899 Mar.

6,1908

100,000

8815

Aug. 1, 1907 Mar. 16,1908

25,000

6,250 I

250

6,000

71S2

Mar. 22,1904

Mar. 24,1908

50,000

50,000 j

22,800

27,200

5481

July

Apr. 24,1908

50,000

50,000

10,250

39,750

C948

Sept. 8,1903

....do

25,000

15,000

4,850

10,150

5321

May

May

25,000

25,000

11,300

13,700

S040

Sept. 3,1883

50,000

50,000

23,900

26,100

4581

2,1900
2,1900

do

40,150

67,100
59,850

2,1908

25,000

6,500

2,550

3,950

Jan. 16, 1865

May 18,1908

500,000

198,340

47,200

151,140

7251 | M a y 11,
1904
722

1,1908

100,000 !

$230,947

May

7929

Sept. 29,
1905

July 14,1908

200,000

200,000

94,200

105,800

7790

June 15, 1905

July 20,1908

50,000

50,000

9,400

40,600

5814

May 15,1901

July 25,1908

25,000

25,000

6,900

18,100

7273

May 26,1904

Aug.

5,1908

25,000

12,250

2,300

9,950

4190

Dec. 28,1889 | Sept. 3,1908

300,000

300,000

38,600

201,400

621G

Apr. 21,1902 ! Sept. 5,1908

500,000

500,000

86,800

413,200

4452

Oct.

29,1890 j Oct. 12,1908

60,000

15,000

750

14,250

6739

Apr. 23,1903 j Oct. 16,1908

50,000

30,000

800

29,200

3969

Jan.

100,000

85,000

2,000

83,000

7,850,000 4,297,335 1,328,255

2,969,080

Total, 33 banks.

25,1889 | Oct. 19,1908

a Restored to solvency and resumed business.

Of the 33 national banks for which receivers were appointed during
the year ended October 31, 1908, 9 banks with aggregate capital
of $1,290,000 were restored to solvency and authorized to resume
business, while receivers proceeded to liquidate the assets of 24
banks found to be irretrievably insolvent. The nominal value
of assets taken charge of by the receivers of these 24 banks was
$31,415,511, the liabilities, so far as reported, being^ $19,342,610.
Dividends to the amount of $7,994,666 have been paid to creditors
of the banks which failed during the year, and the affairs of one such
bank having been finally settled the receivership was terminated.
Noting the cause of failure of banks placed in charge of receivers
during the year, it appears that 7 banks were wrecked by the cashier,
1 by defalcation of officers, and 3 chiefly through fraudulent management, among other causes. Of the remainder, 4 failed from excessive
loans to others and depreciation of securities, etc.; 3 by reason of
injudicious banking; 2 from excessive loans to directors and others,
and 2 from depreciation of securities; 1 from failure of large debtors,
and 1 from general stringency in the money market.
62280—CUR 1908




6

82

REPORT OF THE COMPTROLLER, OF THE CURRENCY.

Since the organization of the national banking system to the close
of the present report year, 499 national banks, including two which
failed for a second time, have been placed in charge of receivers.
Of this number, 21 have been restored to solvency and permitted
to liquidate or to resume business; the affairs of 401 have been
finally settled and the receiverships terminated, leaving 77 active
receiverships.
The capital of the 499 insolvent national banks at date of failure aggregated $82,727,420, against which assessments were levied to the
amount of $44,361,240 to provide for estimated deficiency in the
value of assets. The liabilities in excess of circulating notes were
represented by assets of the nominal value of $333,097,104. The
claims proved by creditors up to October 31, 1908, were $175,058,171;
collections from assets amounted -to $161,207,940; offsets were
allowed and settled to the extent of $26,215,257; and loss on assets
compounded or sold under order of court aggregated $107,414,837.
Assets of the nominal value of $12,045,174 have been returned to
stockholders, the nominal value of the remaining assets being
$26,213,896. The assessment upon shareholders aggregating
$44,361,240 produced $20,974,373, making the total funds collected
from assets and shareholders $182,182,313. From the collections,
dividends have been paid to the amount of $126,944,304;' loans paid
and other disbursements, $37,606,836; legal expenses, $4,660,472,
and receivers' salaries and other expenses, $8,213,772. The sum of
$2,876,554 in cash has been returned to shareholders, leaving a balance on hand October 31, 1908, with the Comptroller and receivers,
of $1,880,375.
During the fiscal year ended October 31, 1908, the affairs of 14
national banks in charge of receivers were finally settled and the
receivers discharged. The capital stock at failure of the 14 banks
in question was $5,500,000, and the assets taken charge of by receivers aggregated $23,053,334. The collections from all sources
aggregated $13,737,491, from which dividends to the amount of
$7,611,351 were paid on claims proved amounting to $7,761,053.
Loans paid and other disbursements amounted to $4,771,717; $609,876
were returned to shareholders, the balance, $744,547, being charged
to expenses of administering the receiverships. The average percentage paid to creditors of the 14 receiverships closed during the
year was 98.07 on claims proved. Four of the trusts paid 100 per
cent and interest in full, and two paid 100 per cent and part of
the interest; one paid 100 per cent; one 95.30 per cent; one 87.40
per cent; one 84.80 per cent; one 80.30 per cent; one 73.60 per
cent; one 59.83 per cent, and one 51.02 per cent. Noting the
length of the receiverships, one of these banks, viz, the Third National
Bank of Chicago, 111., had been in charge of a receiver for thirty
years. The creditors of this bank, however, as far back as March 1,
1882, or within five years from the date of failure, had been paid
100 per cent of their claims and interest in full. Valuable assets
coming into possession of the receiver after failure, the receivership was continued in the interests of the shareholders, who eventually received $521,524 in cash, besides assets of the nominal value
of $689,362. Included in the receiverships terminated during the



REPORT OF THE COMPTROLLER OF THE CURRENCY.

83

year was the First National Bank of Little Rock, Ark., which failed
in 1893, and the National Bank of Kansas City, Mo., which was
placed in charge of a receiver in 1895. The creditors of the firstnamed bank received 73.6 per cent and those of the latter 100 per
cent, with 78.54 per cent of the interest. The affairs of the National
Bank of North America in New York, which failed January 27,
1908, were settled by the payment of creditors in full and the receivership terminated October 31, 1908, assets of the nominal value
of $2,370,250 having been turned over to an agent of the shareholders.
From statistics showing the results of liquidation of 401 insolvent
national banks the affairs of which have been finally settled, some
interesting facts with respect to the amount realized from assets and
the cost of administration may be obtained. The capital stock at
failure of these liquidated insolvent banks was $65,162,420. United
States bonds to the amount of $22,360,900 held by the Treasurer of
the United States in trust to secure circulation to the amount of
$20,083,783 were sold, the proceeds of which were $23,992,350,
leaving a balance transferred to the general assets of the trusts of
$3,908,567. The assessment of $37,650,390 on stockholders produced $18,273,754, which amount, added to the collections from
assets of $129,047,946 gave $147,321,700 available funds from which
dividends were paid to the amount of $103,435,124, or 75.71 per cent
on claims proved aggregating $136,616,303. Taking into consideration offsets allowed and settled, and loans paid, etc., aggregating
$50,001,303, creditors received an average of 82.22 per cent.
The liabilities as scheduled by the receivers of the 401 insolvent
national banks the affairs of which have been finally settled, aggregated $186,617,606, while from assets of the nominal value of
$262,432,836 (not including proceeds from assessments upon shareholders nor cost of collecting assessments), the sum of $153,399,260
net, or 58.45 per cent, was realized in the final liquidation; this
sum includes collections from assets less expenses, offsets, and assets
not liquidated. The cost of administration, including legal expenses,
was $11,019,719, or 4.2 per cent of the nominal value of assets^and
about 7.5 per cent of the total collections. The net loss to depositors
is shown to be $33,181,179, or 24.29 per cent on claims proved, or a
loss of 17.78 per cent on the total liabilities.
At the close of the fiscal year ended October 31, 1908, there were 77
insolvent national banks still in charge of receivers, with assets
reported at the nominal value of $70,664,268. From these assets
the sum of $32,159,994 had been collected, and offsets to the amount
of $6,315,998 allowed and settled. From assessments to the amount
of $6,710,850 levied upon shareholders, $2,700,619 had been collected,
making the total collections $34,860,613. Of the total collections
$23,509,180 had been distributed to creditors in dividends; the sum
of $7,504,792 represented the loans paid and other disbursements;
$709,467 the legal expenses; $1,145,058 receivers7 salaries and all
other expenses, and $156,512 was returned to shareholders, leaving
a balance of $1,835,604 in the hands of the Comptroller and receivers
for the benefit of creditors of these active receiverships.




84

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

The following table summarizing the reports of receivers of insolvent national banks from 1865 to October 31, 1908, will be found of
interest:
SUMMARY OP REPORTS OP RECEIVERS OF INSOLVENT
OCTOBER 31, 1908.

NATIONAL BANKS, 1865

TO

Closed receiverships,
422. a

Total.

$333,097,104

19,899,259
98,013,857
12,045,174
3,426,600
129,047,946

6,315,998
9,400,980
22,787,296
32,159,994

26,215,257
107,414,837
12,045,174
26,213,896
161,207,940

70,664,268

333,097,104

129,047,946
18,273,754

32,159,994
2,700,619

161,207,940
20,974,373

34,860,613

182,182,313

30,102,044
103,435,124
3,951,005
7,068,714
44,771
2,720,042

7,504,792
23,509,180
709,467
1,145,058
1,835,604
156,512

37,606,836
126,944,304
4,660,472
8,213,772
1,880,375
2,876,554

147,321,700

Total collections.
Disposition of collections:
Loans paid and other disbursements
Dividends paid
Legal expenses
^Receiver's salary and all other expenses
,
Balance in hands of Comptroller or receivers .
Amount returned to shareholders in cash

$70,664,268

147,321,700

Total.
Collected from assets as above
Collected from assessments upon shareholders .

$262,432,836

262,432,836

Total assets taken charge of by receivers
Disposition of assets:
Offsets allowed and settled
Loss on assets, compounded or sold under order of court.
Nominal value of assets returned to stockholders
Nominal value of remaining assets
Collected from assets

Active receiverships,
77.

34,860,613

182,182,313

11,480,000
5,907,000
3,234,740
5,763,691
6,710,850
38,441,868

82,727,420
28,267,900
27,227,090
25,847,474
44,361,240
175,058,171

Total, 499.

•

Capital stock at date of failure
Bonds at failure
Amount realized from sale of bonds
Circulation outstanding at failure
Amount of assessment upon shareholders .
Claims proved

b6,085,000
65,162,420
22,360,900
23,992,350
20,083,783
37,650,390
136,616,303

a Includes 21 banks restored to solvency.
b Capital stock of 21 banks restored to solvency.

The reports of receivers of the insolvent national banks are published each year in the Comptroller's annual report. For this report
an additional table has been prepared, containing similar information relative to insolvent national banks arranged by States. The
statistics referred to will be found in the appendix of this report.
In view of the fact that the loss sustained by creditors in national
banks which have failed in the various States is of great interest, the
following table has been compiled, showing the net loss to creditors
of insolvent national banks the affairs of which have been finally settled, together with the balance required to pay claims proved, against
national banks still in charge of receivers on October 31, 1908:




REPORT OP THE COMPTROLLER OF THE CURRENCY.
Receiverships
closed.

Receiverships not
closed.

State, etc.
Number.

Maine
.
New Hampshire
Vermont
Massachusetts
Rhode Island....
Connecticut
Total New England States

Number.

Balance
due
creditors.

11

4
7

$34,017
397,130
1,315,331

4

3

47, 045

1

25

1,793,523

5

344,546

43

New York
.
New Jersev
Pennsylvania
Maryland
District of Columbia
Total Eastern States

3,3£9,939
982,610
4,592,829

6

1
12

887,199
152,964
5,614,169

19

6,654,332

1
2
1
2

44,469
353,614

1

1,749
457,051
51,479

4

373,944

1

58,802

7
26

................... ..........

1
3

6

. .

,

1,900,489

3
1
5
8

..

9,891,385

403,166

$344,546

925,977

80

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
.
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States

8

2
5
28
4
3
7

100,370
605,906
335,973
35,467
1,402,572
1,125,112
88,070
938,370

80

.

2

2,625,497
470,205
384,832
90,967
46,299
195,281
1,177,271
288,855

91

4,387,670

26

5,279,207

12
9

599,305
191,240
1,935,559
890,346
2,421,197
129,236
1,248, 038
96,238

1
2

23,861
82,915
184,261
386,058

4

422,163

107

7,511,159

12

1,099,258

24
6

1,663,699
187,738
730,747
58,952
74,019
6,030

1
1

112,404

1

...

101,833

3

214,237

77

14,932,688

18

33
14
2
11

Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona.
.
Alaska
Total Pacific States

1,341,108

10
3

10

Total Middle Western States
North Dakota
South Dakota
Nebraska
. . . .
Kansas
Montana
..
..

12

450,007
777,839
1,824,892
313, 978
156,451
113,341
586,619
164,543

19
12
3
7
12

.

.

6,935,495

15
13

Ohio
Indiana
Illinois
Michigan

Wisco nsin
Minn esota . .
Iowa
Missouri

Net loss.

85

4
4

6

1
1
1

.




2
3

i--39

2,721,185
33,240,417

Less interest paid on claims included in Maryland, South Carolina, Kentucky, and Oklahoma
Total United States

2
2
2
1
4

59,238
a 422

a Includes 21 banks restored to solvency.

33,181,179

86

KEPOET OF THE COMPTROLLER OF THE CURRENCY.

The net loss to creditors of the 401 banks liquidated through receivers is therefore shown to be $33,181,179, which represents 24.29
per cent of proved claims. The largest amount lost by creditors in
any one State was $4,592,829 in Pennsylvania. New York insolvent
bank creditors lost $3,389,939, while those in Montana national banks
lost $2,421,197. Creditors of insolvent national banks finally liquidated sustained no loss in Maryland, South Carolina, Kentucky,
or Oklahoma. No failures occurred in the States of Maine, Rhode
Island, Delaware, and Alaska. On October 31, 1908, creditors of the
77 insolvent national banks then in charge of receivers had proved
claims aggregating $38,441,868 and had been paid dividends thereon
to the extent of $23,509,180, or about 61.20 per cent, leaving a balance due of $14,932,688 on face value of claims proved. The ultimate result to creditors of these receiverships still open is conjectural.
In the appendix will be found a table showing the amount of claims
proved, amount and per cent of loss to creditors of insolvent national
banks which have failed in each year from 1865 to 1893, inclusive,
and claims proved and estimated loss from 1894 to 1908, together
with the amount of individual deposits in the active national banks
at date of the fourth call for reports in each year. A summary of
this data gives the following results:
Annual average deposits, active national banks.. „
$1,597,987,400
Aggregate claims proved, insolvent national banks
$175,058,171
Loss to creditors, actual and estimated
$51, 924, 343
Annual average claims proved
$3,978, 595
Annual average loss
$1,180,099
Annual average loss, per cent
29. 66
Annual average loss based on annual average deposits of active
national banks, per cent
0. 074

It will be noted that the above-estimated loss of 29.66 per cent is
based on claims proved by depositors from 1865 to October 31, 1893,
a period in which losses to creditors were far above the average. The
average loss to creditors of insolvent banks the affairs of which have
been finally settled has been shown to be 17.78 per cent of the total
liabilities of the banks at failure. The liabilities of all insolvent
national banks, excluding circulating notes—that is, claims proved,
offsets allowed and settled, loans paid and other disbursements—
amount to $238,880,264. The average loss to creditors in receiverships fully settled being 17.78 per cent of total liabilities, the
estimated loss at this rate to creditors of all insolvent national banks
is $42,472,910. Upon this basis of calculation the annual loss to
creditors is $965,293, or 0.06 per cent of the annual average deposits in
active national banks.
In addition to the tables in the appendix showing the result of
liquidation of each insolvent national bank to October 31, 1908, tables
will be found therein showing a summary of reports of receivers of
insolvent national banks arranged by years and by States.
LAWRENCE O. MURRAY,

Comptroller of the Currency.
THE SPEAKER OF THE HOUSE OF REPRESENTATIVES.







APPENDIX.

DIGEST OF NATIONAL BANK DECISIONS.
[The following decisions being cases reported in the Reporters up to and including 208 U. S. Reports
and 162 Federal Reporter, have not been previously printed in the reports of the Comptroller of the Currency.]
CHECKS.

Delivery of check not equivalent to

'payment.

(U. S. Sup. C, 1908.) The delivery of a check is not the equivalent of payment
of the money ordered by the check to be paid, and in this case, the check
not having been passed until after receivers have been appointed, the payee,
who had knowledge of tteir appointment and the issuing of an injunction
order was required to repay the amount. (Bien v. Robinson, receiver of
Haight and Freese Co., 208 U. S., 423.)
OVERDRAFTS.

Cashier and his sureties liable for all overdrafts allowed by him.

(U.S. Sup. C, 1828.) Well and truly to execute the duties of the office of cashier
includes not only honesty, but reasonable skill and diligence. If the duties
are performed negligently and unskillfully—if they are violated, from want
of capacity or want of care—they can never be said to be "well and truly
executed."
The cashier and his sureties are liable for any willful or permissive misapplication of the moneys of the bank, which he knowingly made or suffered
without authority, whereby the same moneys have been lost to the bank.
It is claimed that it was the established usage and practice of the bank, that
the cashier might in his discretion, permit customers to overdraw, and to
have checks and notes charged up, without present funds in the bank; and
for the cashier to receive and pass as cash, checks and drafts upon other
banks; * * * that it was generally known to the president and directors,
practiced and continued with their knowledge, for a series of years, and presumably with their consent.
The court held that "no act or vote of the board of directors of the bank, in
violation of their own duties, and in fraud of the rights and interests of the
stockholders of the bank, will justify the cashier of the bank in acts wThich
are in violation of the stipulation in his official bond,' well and truly' to execute
the duties of his office. Acts done by a cashier, under the authority of
such a vote, or of a usage permitted by the directors, in violation of the trustsassumed by them, are on the responsibility of the cashier and his sureties."
What is the usage set up in this case? It is a usage to allow customers to overdraw, and to have their checks and notes charged up, without present funds
in the bank—stripped of all technical disguise, the usage and practice thus
attempted to be sanctioned, is a usage and practice to misapply the funds
of the bank; and to connive at a withdrawal of the same without any security,
in favor of certain privileged persons. Such a usage and practice is surely
a manifest departure from the duty, both of the directors and the cashier,
as can not receive any countenance in a court of justice. It could not be
supported by any vote of the directors however formal; and, therefore,
whenever done by the cashier is at his own peril, and upon the responsibility
of himself and his sureties. It is anything but "well and truly executing
his duties as cashier." (Minor v. Mechanics Bank of Alexandria, 26 U. S. R.
( 1 Peters), 46, 70, 71, 72.)




90

REPORT OF THE COMPTROLLER OF THE CURRENCY.
CHECKS—Continued.
CERTIFIED CHECKS.

Nature of bank's liability.
(U. S. C. C. A., 1908.) The certification of a check by a bank, like the acceptance
of a draft, creates an original actionable liability against the bank, and
implies that, when the check is certified, the drawer has sufficient funds
with the bank, and that they have been set apart and will be retained for the
holder whoever he may be, and whenever the check may be presented.
(Merchants Bank of Valdosta v. Baird, 160 Fed. Rep., 642.)
Guaranty of checks—Notice of invalid transaction.
(U. S. C. C. A., 1908.) A state bank was chargeable with notice that the credit
and resources of a national bank were being unlawfully used, barring recovery
against the national bank's receiver on checks on the national bank by a
corporation, where the national bank's president had written the state bank
obligating his bank unconditionally to pay all checks of the corporation,
not aggregating more than $5,000 weekly, and the national bank afterwards
wired that it would "protect" the corporation's checks for $5,000 weekly
in excess of "present guaranty," and later that the state bank would pay
checks in excess of "guaranty" drawn during the current week. (Ib.)
National bank as indorser or guarantor.
(U. S. C. C. A., 1908.) A national bank may warrant the title to property it
conveys, or become liable as an indorser or guarantor of obligations which
it rediscounts or sells, but it can not lend its credit to another by becoming
surety, indorser, or guarantor for him, such an act being ultra vires, and,
when its true character is known, no rights grow out of it, though it has taken
on in part the garb of a lawful transaction. (Ib.)
Ultra vires act—Estoppel.
(U. S. C. C. A., 1908.) An act of a national bank, void because ultra vires, can
not be made good by estoppel. (Ib.)
COLLECTIONS.

Collection of draft when insolvent—Recovery of proceeds—Interest.
(TJ. S. C. C. A., 1908.) Where a bank known by its officers to be insolvent collected money for a customer and mingled the same with its own funds which,
to an amount larger than the sum received, passed to the bank's receiver in
insolvency, the customer, though unable to trace the identical money into
the receiver's hands, was entitled to recover from the receiver an amount
equal to that collected, but without interest, the general creditors of the bank
not being responsible for the receiver's error of judgment in refusing to pay the
claim on demand. (Butler v. Western German Bank, 159 Fed. Rep., 216.)
Substitution of funds—Declaration of trusts.
(U. S. C. C. A., 1908.) Bankrupts operated the C. bank, and for several years
prior to bankruptcy the C. and S. banks had collected paper for each other
without credit or charge, no account of their mutal dealings being kept and
no balances struck. The C. bank prior, to its insolvency, had collected a
draft on P. for $1,170.29 for the S. bank, but had failed to remit the proceeds
or notify the S. bank of the collection until after its assignment, prior to
which the S. bank had in its hands $796.23, the proceeds of drafts collected
for the C. bank, and on the day of the assignment, but before the C. bank's
assignment had been actually executed, the S. bank mailed its draft to the
C. bank to cover such collections. After the assignment one of the bankrupts said to the other that the amount in the hands of the S. bank would
offset its claim against the bankrupts. Held that, the S. bank not having
been informed of such declaration until long after the assignment, it was
insufficient either to vest it with any title to the collection for which it remitted to the bankrupts or to constitute a declaration of trust. (In re Northup
et al., 159 Fed. Rep., 686.)
Payment—Mistake of fact.
(U. S. C. C. A., 1908.) The S. bank having no right to offset the money in its
hands belonging to the bankrupts against its claim against them, the payment of the proceeds of the collection by the S. bank to the bankrupts did not
constitute a payment through mistake of fact. (Ib.)



BEPOET OF THE COMPTROLLER OF THE CURRENCY.

91

DEPOSITS,
WRONGFUL DEPOSIT BY AGENT.

Liability of bank to principal.
(U. S. C. C. A., 1907.) A banker, who knowingly permitted an agent to deposit
money of his principal to his own account and mingle the same with his own
funds in violation of his contract, which required the deposit to be in the
name of his principal, if for that reason chargeable with liability to the principal, in the absence of fraud or conspiracy, is accountable only for losses
resulting directly from such wrongful deposit, such as for sums applied by the
agent to his own use, and not for losses resulting from the use of the money
by the agent as contemplated by the contract of agency. (Harris & Co. v.
Chipman, 156 Fed. Rep., 929.)
Accounting.
(U. S. C. C. A., 1907.) In such case the banker can not be held to account for
a sum originally advanced by the principal to the agent to be used for the
purposes of the agency, and so deposited by the agent to his own credit, but
which was afterwards treated by the principal as a loan to the agent, and for
which his note was taken, nor for a sum lent by the banker to the agent personally, and which, having been used for agency purposes, was repaid by
the principal with knowledge of the facts. (Ib.)
Evidence—Admissions in pleading.
(IT. S. C. C. A., 1907.) Where plaintiff sued defendant, a banker, for losses sustained through an agent, on the ground that defendant knowingly permitted
the agent to deposit money advanced to him by plaintiff to his own credit in
violation of his contract, an allegation in the answer that plaintiff had previously sued the agent for such losses and recovered judgment for a much
smaller sum than that demanded from defendant was not an admission by
defendant of his liability for the amount of such judgment, to which he
was not a party. (Ib.)
SUIT TO RECOVER DEPOSITS.

Equity—Jurisdiction—Legal or equitable remedy.
(U. S. C. C., 1907.) The remedy of a corporation to recover from a bank money
deposited therein in the name of the treasurer of the corporation, who was also
president of the bank, and alleged to have been wrongfully transferred by
him to the bank by means of his checks as treasurer, and -converted by the
bank, is in equity and not at law, the legal title to the deposit being in the
treasurer and not in the corporation. (Hawkeye Gold Dredging Co. Ltd., v.
State Bank of Iowa Falls, 157 Fed. Rep., 253.)
Objection to Jurisdiction—Waiver.
(U. S. C. C , 1907.) Where the subject-matter of a suit is of equitable cognizance,
a court of equity will not dismiss the suit on the ground that there may also be
a remedy at law, unless the objection is made by defendant before entering
on its defense. (Ib.)
DEPOSIT OF PUBLIC MONEYS—TRUST.

Unlawful deposit of funds by county officer—Tracing of fund.
(IT. S. C. C. A., 1907.) Under the statutes of Ohio, a county treasurer has no
authority to deposit taxes collected as a general deposit in a bank, and the
bank can acquire no title to money so deposited as against the county, nor
can an estoppel arise from any act of its officers which will prevent its recovery
of such money from a receiver of the bank when it can be identified or traced
into other property where it has been mixed with funds of the bank. (Board
of Commissioners of Crawford County, Ohio, v. Strawn, 157 Fed. Rep., 49.)
Mingling of funds by trustee—Payments from common fund.
(IT. S. C. C. A., 1907.) The rule that, where a bank has mingled trust money
with its own funds, money paid out from such funds for its own purposes
will be presumed to have been paid from its own money, and not from the
trust fund, is qualified by the further rule that, if the mingled fund is reduced
at any time below the amount of the trust fund, the latter must be regarded
as dissipated, except as to such balance, and sums subsequently added from
other sources can not be treated as a part of the trust fund. (Ib.)



92

REPORT OF THE COMPTROLLER OF THE CURRENCY.
DEPOSITS—Continued.
DEPOSIT or PUBLIC MONEYS—TRUST—continued.

Right to recover trust fund—Necessity of tracing.
(U. S. C. C. A., 1907.) The mere misapplication of a trust fund does not create
a general lien on the tort-feasor's estate, but to entitle the owner to recover
such fund from a receiver of the trustee it must be traced either in its original
form or into specific property which passed to the receiver. (Ib.)
Suit against receiver— Unlawful deposit of public money.
(U. S. C. C. A., 1907.) The cashier of a national bank in Ohio, at the time it
went into the hands of a receiver in insolvency, was a deputy county treasurer, and had for some time previously been collecting taxes at the bank,
which were deposited in the bank to the credit of the treasurer, and mingled with the bank's funds. Neither of such officers had any power under
the law to make such deposits nor to part with title to the money. Of the
funds of the bank with which such taxes were mingled, a certain amount,
less than the trust funds, remained on hand at all times, and there was a still
larger amount in the fund when the receiver was appointed, field, that
the county was entitled to recover from the receiver, as a part of the trust
fund, so much of the cash taken possession of by the receiver as equaled
the lowest cash balance remaining in the bank at any time while the taxes
were being collected, together with the collections subsequently made, but
that it could not recover the proceeds of commercial paper acquired by the
bank during such time and collected by the receiver without establishing
by proof that the tax money, or the fund in which it was mingled, in fact,
went into such paper. (Ib.)
INSOLVENCY AND RECEIVERS,
POWER TO APPOINT RECEIVER.

Comptroller's authority to appoint receiver on the ground of insolvency exclusive.
(U. S. Dist. Ct., 1908.) Since the act of Congress approved June 30, 1876, providing for the appointment of a receiver for a national banking association
•by the Comptroller of the Currency, on the ground of insolvency, a federal
court will not entertain a bill filed by a shareholder against the bank, praying for the appointment of a receiver, on the ground of insolvency, though
negligence and wrongful acts are charged against the officers.of the bank.
The exclusive remedy is an application to the Comptroller of the Currency.
(Bayless v. First National Bank of Harvey, Iowa. Decision rendered Sept.
9, 1908, ancf not yet reported.)
INTERESTED PARTY NOT PROPER PERSON FOR RECEIVER.

Corporations—Receivers—Eligibility for appointment—Officers.
(U. S. C. C , 1907.) It is a rule of general application that a receiver should be a
person wholly impartial and indifferent toward all parties interested in the
fund or property to be administered, and, generally speaking, officers and
directors of a corporation involved in insolvency should not be appointed
to the position. Although this rule is not inflexible, it should be observed
where such officers or directors have by their bad management contributed
to the insolvency. (Coy v. Title Guarantee and Trust Co., et al., 157 Fed.
Rep., 794.)
Inso Ivency—Receivers—Eligibility.
(XL S. C. C , 1907.) Where a large part of the assets of an insolvent banking
corporation consists of obligations of subsidiary companies and firms formed
by its officers and largely financed by it, an officer and director who, although
not an active participant in such transactions, was cognizant of and consented
to them, should not be appointed or continued as its receiver, (Ib.)
POWERS OF RECEIVER TO DISPOSE OF ASSETS AND COMPOUND CLAIMS.

Rights of receiver of bank.
(U. S. Sup. C , 1908). The receiver of a bank stands in no better position than
the bank stood as a going concern. (Ranken, receiver of the Capitol National
Bank of Guthrie, v. City National Bank of Kansas City, Mo.)



REPORT OF THE COMPTROLLER OF- THE CURRENCY.

93

INSOLVENCY AND RECEIVERS—Continued.
POWERS OF RECEIVER TO DISPOSE OP ASSETS AND COMPOUND CLAIMS—COnt'd.

Duty of receiver.
(U. S. C. C , 1908.) Where a receiver, on taking possession of the assets of a
national bank, found its affairs in confusion and found stock pledged to it as
collateral with no definite and certain agreement as to the particulars of the
pledge, it was his duty to ascertain and assert fully the obligations and liabilities of the pledgor to the bank and the purpose and extent of the pledge.
(Wise v. Williams et al.,162 Fed. Rep., 161.)
Pledges—Extent of pledge—Renewal of obligation.
(U. S. C. C, 1908.) Where certain corporate stock was pledged to a bank to
secure a note the stock was not relieved of the debt evidenced by the note
by the fact that the note was subsequently displaced by a renewal note which
was invalid as a forgery. (Ib.)
INTEREST AND USURY.

Right of trustee to maintain action to recover usury paid.
(U. S. C. C, 1907.) Under bankruptcy act July 1, 1898, which vests in a trustee
all of the rights of a bankrupt in respect to his property, such a trustee may
maintain an action to recover usurious interest paid by the bankrupt. (Reed
v. American-German National Bank, 155 Fed. Rep., 233.)
LOANS.

Advances by bank—Implied agreement for interest.
(U. S. C. C, 1907.) The right of a bank to interest on advances made is to be
implied, unless the parties to the transaction have otherwise stipulated, or
under the circumstances it would be inequitable to exact it, and such right
is not lost merely by a failure or refusal to furnish statements of account to
the debtor when requested. (Clark v. Smallwood et al., 156 Fed. Rep., 409.)
MORTGAGE.

Insolvency—Security held by creditor.
(Minn. Sup., 1902.) G. S. 1894, section 4234, subdivision 3, requires that a creditor
holding security for a claim against an insolvent must either exhaust his
security or surrender it to the assignee before he can participate in a distribution of the assets. (First National Bank of Mankato v. Pope, 85 Minn., 433.)
Release of security by creditor.
(Minn. Sup., 1902.) When proof of a debt is made in proceedings in insolvency
without disclosing the fact that its payment is secured, a dividend is accepted
by the creditor, a formal release is filed in accordance with the statute, and
a judgment entered in the proceedings acquitting and discharging the insolvent from all debts and liabilities, it is conclusively established, except in
cases of inadvertence or mistake, that the creditor has elected to waive and
abandon his lien and release his security. His acts extinguish a mortgage,
if that be the form of security. (Ib.)
Effect of release.
(Minn. Sup., 1902.) If the creditor of an insolvent waives and abandons his
security by means of the acts before mentioned, the waiver and abandonment are complete and effectual, and operate to the benefit of the insolvent.
All property rights which remain in the assignee at the time he is discharged
from the duties of his trust revert to the insolvent without any further or
formal act. (Ib.)
OFFICERS.
REPRESENTATION OF BANK BY OFFICERS.

Transaction where bank discounting personal note of president of another bank, accompanied by agreement of his bank, held relieved from liability at suit of receiver of latter
bank.
(U. S. Sup. C, 1908.) In a transaction between two banks the president of one
gave his personal note to the other, accompanied by an agreement of his bank,
signed by himself as president, that the proceeds of the note should be placed
to the credit of his bank by, and remain with, the discounting bank until the
note was paid; while there were certain transfers of checks between him and




94

KEPOET OF THE COMPTROLLER OF THE CURRENCY.
OFFICERS—Continued.

REPRESENTATION OF BANK BY OFFICERS—Continued.
his own bank the record did not show that the maker of the note personally
received the proceeds thereof, and no contention was made that the agreement was illegal. Held, that under the circumstances of this case, the discounting bank was entitled to hold the proceeds of the note, as represented
by the credit given on its books therefor as collateral security for the payment
of the note and to charge the note against such credit, and relieve itself from
further responsibility therefor. (Rankin, receiver of the Capitol National
Bank of Guthrie, Okla., v. City National Bank of Kansas City, Mo., 208
U. S. Rep., 541.)
OFFICERS, CIVIL LIABILITY OF.

Res judicata, identity of causes of action.
(U. S. Sup. C , 1907.) A judgment of dismissal based on the ground that plaintiff
in an action against the directors of a national bank had not set up any individual wrong suffered by him but solely an injury sustained in common with
all other creditors of the bank, is not res judicata of a right of action between
the same parties to recover for individual loss suffered as distinct from the
right of the bank. (Yates v. Utica Bank, 206 U. S., 181.)
OFFICERS, CRIMINAL LIABILITY OF.
WILLFUL MISAPPLICATION.

Conversion of
funds—Indictment.
(U. S. C. C. A., 1908.) An indictment alleging that F., as cashier of a national
bank, unlawfully "converted" certain "moneys, funds, and credits" to the
use of D. sufficiently charged the manner in which the misapplication was
effected. (Dickinson v. United States, 159 Fed. Rep., 801.)
Evidence—0 bjections—Review.
(U. S. C. C. A., 1908.) Where evidence of guilty knowledge was material and
admissible under an assurance that it would be connected, its admissibility
could not be reviewed on a writ of error on objection taken at the trial that it
was immaterial or remote, not sufficiently connected with defendants, or
with the transactions complained of, etc., it being impossible to tell from the
record whether it was connected or not. (1b.)
Evidence—Letter of directors to Comptroller.
(U. S. C. C. A., 1908.) In a prosecution for misappropriation of the funds of a
national bank, a letter written by certain of the directors of the bank to the
Comptroller of the Currency, after the misappropriation, was inadmissible
either as showing the state of mind of the directors after the offense or a
ratification of the misappropriation. (Ib.)
Jury—Right of jury trial—Number of jurors—Waiver—Misdemeanors.
(U.S.C.C.A., 1908.) While a person accused of an infamous crime, though not a
felony, may waive the disqualification of jurors, or even their impartiality,
such person can not waive his right to a trial by a jury of 12 by consenting,
after a legal jury had been impaneled and 2 had been excused, to continue
the trial and abide by the verdict of the remaining 10. (Ib.)
Meaning of willful misapplication.
(U. S. C. C , 1908.) In a prosecution of a national bank officer for "willful
misapplication " of the moneys, funds, and credits of the bank, the indictment
properly alleged facts showing how the misapplication was made and the
illegality thereof; the words "willful misapplication" having no settled
technical meaning. (United States v. Heinze, 161 Fed. Rep., 425.)
Overdrafts.
(U. S. C. C., 1908.) An overdraft on a national bank may be legal or criminal,
according to the intent of the person committing it, inferred from the surrounding circumstances shown by the evidence. (Ib.)
Demurrer to indictment.
(U. S. C. C, 1908.) It was no ground of objection, on demurrer to an indictment
against a national-bank officer for willful misapplication of the bank's funds,
that the jury might draw from all the testimony the inference that the transaction amounted to no more than a legal overdraft. (Ib.)




REPORT OF THE COMPTROLLER OF THE CURRENCY.

95

OFFICERS, CRIMINAL LIABILITY OF—Continued.
WILLFUL MISAPPLICATION—continued.

Willful misapplication—Description.
(U. S. C. C , 1908.) Where, in a prosecution against a national-bank officer for
willful misapplication of the moneys, funds, and credits of the bank, the
indictment definitely charged the value in lawful money of the United States
of the misapplied property, it was not defective for failure to specify the exact
thing misapplied, whether moneys, funds, or credits. (Ib.)
Misapplication of funds—Indictment.
(U. S. C. C , 1908.) An indictment alleging that defendants, being officers of a
national banking association, willfully and fraudulently, and with intent to
injure and defraud the association for the use and advantage of Morse, misapplied certain money of the association, to wit, $126,000, and that Morse made
a certain check on the bank payable to Heinze for $126,000, and delivered
the same to him, defendant Morse knowing at the time that he did not then
have on deposit with the bank the amount specified therein, but that Morse
as vice-president and Curtis as president caused the check to be paid from
moneys of the association, with intention on the part of Morse to convert the
amount to his own use, repayment not having in any way been secured and
Morse having no right or title thereto, stated an offense under Revised
Statutes, section 5209, declaring that every president, director, cashier, etc.,
of any national banking association, who willfully misapplies any of the
moneys, funds, or credits pt the association, shall be guilty of a misdemeanor,
and was not fatally defective for failure to charge that the overdraft payment
was unauthorized, that it was an actual conversion of the amount paid, or
that the money was in some way absolutely lost to the bank. (United States
v. Morse et al., 161 Fed. Rep., 429.)
Criminal misapplication.
(U. S. C. C , 1908.) In order that there shall be a criminal misapplication of the
moneys, funds, or credits of a national banking association by its officers, in
violation of the Revised Statutes, section 5209, making such misapplication
a crime, there must be a conversion of the moneys, funds, or credits of the
association by the accused, either for his own use or that of some person other
than the injured bank. (Ib.)
Willful misapplication.
(U. S. C. C , 1908.) In a prosecution against bank officers for misapplication of
the bank's funds, an indictment alleging that defendants, being officers of
the bank, willfully and fraudulently, with intention to defraud the association, did misapply certain moneys of the bank, etc., constituted a sufficient
allegation of a criminal intent to defraud, which was the gravamen of the
offense to be inferred from facts and surrounding circumstances. (Ib.)
Authority of bank officers—Conversion of funds.
(U. S. C. C , 1908.) Officers of a national bank possess no authority to produce
or permit a conversion of the bank's funds to the use of one of such officers:
authority to commit a crime being an impossibility. (Ib.)
Conversion—Subsequent return of money.
(U. S. C. C , 1908.) Where one of the officers of a national bank willfully converted certain of the bank's funds to his own use, in violation of Revised
Statutes, section 5209, making such act a crime, it was no defense that the
money was subsequently refunded; such fact being only evidence to negative officer's intent to defraud at the time of the alleged conveyance. (Ib.)
Indictment—Form—Introduction.
(U. S. C. C. A., 1908.) The term "grand inquest3* has no further meaning than
"grand jury;" the term "inquest" being used to indicate a body of men
appointed by law to inquire concerning certain matters submitted to them.
An indictment returned into a federal court, reciting that the "grand inquest"
of the United States of America, inquiring for the body of the district of
Maryland, do on their oath present, etc., was not objectionable for failure to
show that it was returned by a grand jury. (Geiger v. United States, 162
Fed. Rep., 844.)




96

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OFFICERS, CRIMINAL LIABILITY OF—Continued.
WILLFUL MISAPPLICATION—continued.

Officers—Defenses—Indictment.

(U. S. C. C. A., 1908.) Revised Statutes of the United States, section 5208
(U. S. Comp. St. 1901, p. 3497), declares that it shall be unlawful for any
officer, clerk, or agent of any national banking association to certify any
check drawn on the association, unless, etc., and section 5209 declares that
every president, director, cashier, teller, clerk, or agent of "any association
who embezzles," etc. Held, that an indictment, charging that defendant,
being then and there the cashier of a certain "national banking association,"
to wit, etc., was not fatally defective for failure to allege that the national
banking association specified was a national banking association organized
under the laws of the United States.
An indictment against a national-bank cashier for an offense against the national
banking law was not defective for failure to allege that the bank was doing
business at the time the alleged offenses were committed.
Where an indictment against a national-bank cashier for willful misapplication of the bank's funds and willful abstraction thereof alleged that a customer of the bank, prior to the maturity of a note held by the bank against
it, delivered a check to the bank to pay the note when due, which check
came into defendant's possession as cashier, and that defendant cashed the
check and converted the proceeds, the indictment was not fatally defective
for failure to allege in words as to who was the payee of the check, nor to
charge that the bank was still the owner of the note. (Ib.)
Nature of offense.
(U. S. C. C. A., 1908.) Where a customer of a national banking association, whose
note to the bank was about to mature, delivered a check to the bank to pay
the note when due, and, the check coming into the hands of defendant as
cashier of the bank, he cashed it and converted the proceeds, the loss was
that of the bank, and defendant's offense a willful misapplication and abstraction of the bank's funds and credits, and not a mere breach of trust. (Ib.)
FALSE ENTRIES.
Witnesses—Competency—Conviction

of crime—Effect.

(U. S. C. C , 1908.) Revised Statutes, section 5392, providing that every person
convicted of perjury shall thereafter be incapable of giving testimony in any
court of the United States until such time as the judgment against him is
reversed, excludes a witness convicted of perjury under the laws of the
United States from giving evidence in any United States court, whatever
the law of the State or the trial had on the subject may be; but as to all witnesses convicted of crimes other than perjury their competency is determined by the laws of the State where the trial is had, under act of July 6,1862
(12 Stat. L., 588), declaring that the laws of the State in which the court shall
be held shall be the rules of decision as to the competency of witnesses in
the courts of the United States in trials at common law, in equity, and in
admiralty. (Wise v. Williams et al., 162 Fed. Rep., 161.)
Witness convicted of making false report to Comptroller.
(U. S. C. C , 1908.) A witness convicted of making false national-bank reports
under <oath to the Comptroller of the Currency, being a competent witness
in the courts of New York, is also a competent witness in the courts of the
United States sitting in New York, under act of July 6, 1862 (12 Stat. L.,
588), declaring that the competency of witnesses in the courts of the United
States shall conform to the rules of the State in which the court is held. (Ib.)
Conspiracy—False statements of condition of national banks.
(U. S. C. C, 1908.) An indictment alleging the conspiracy to defraud the United
States in the exercise of its governmental and fiscal functions, by deliberately giving false information regarding the financial condition of a national
bank, the fraud resulting in lessening the power of the Federal Government
by failure to maintain in efficient condition one portion of the national
fiscal system, stated an offense against the United States; it being possible
to have a conspiracy to defraud by merely deceiving a governmental officer,
though neither the Government nor the officer was deprived thereby of
money or money value. (United States v. Morse, 161 Fed. Rep., 429.)




REPORT OF THE COMPTROLLER OF THE CURRENCY.

97

OFFICERS, CRIMINAL LIABILITY OF—Continued.

FALSE ENTRIES—continued.

False entry. When true entry of fraudulent transaction.
(U. S. C. C , 1908.) Where an indictment against bank officers alleged a conspiracy to make false entries in the books of the bank, one of which was
charged to consist in entering in "call loans account" a "fictitious" promissory note as though it were a bona fide note affected by certain stock as
collateral, whereas in truth the bank unlawfully owned the stock and the
note was created and entered as a genuine note merely to conceal the illegality
of the original purchase of the stock and the eontinued holding thereof, was
not defective in that the entry was a true entry of a fraudulent transactiononly. (Ib.)
Meaning of word "entry."
(U. S. C. C , 1908.) The word "entry," as used in Revised Statutes, section 5209,
declaring that every officer, clerk, or agent of a national banking association
who makes any false entry in any of the bank's books with intent to injure or
defraud the association shall be guilty of a misdemeanor, means "an item
in an account." (Ib.)
Meaning of phrase "double entry."
(U. S. C. C , 1908.) The phrase "double entry," as used in bookkeeping, signifies two entries of the same transaction. (Ib.)
Indictment—D up licity.
(U. S. C. C., 1908.) Where accounts in an indictment against national-bank
officers in violation of Revised Statutes, section 5209, in alleging the transaction claimed to have been falsely entered, described two entries or sets of
words written down in different parts of the same book or report, each count
revealing a false entry by double entry, such counts were double, as it does
not follow that, because the debit entry of a transaction is false, the credit
entry of the same transaction was also false. (Ib.)
Reduction of capital—Purchase of bank's shares.
(U. S. C. C., 1908.) The only method by which a national bank can reduce its
stock being that prescribed in Revised Statutes, section 5143, and the possibility of ownership of its own stock being recognized by section 5201, the
unlawful ownership of its own shares by a national bank did not constitute
a pro tanto reduction of its corporate stock, and hence was improperly omitted
from the bank's statements of assets. (Ib.)
False entries in reports of condition—Indictment charging intent to deceive Comptroller
does not charge an offense under section 5209.
(U. S. Dist. C , 1908.) An indictment charging officers of a national bank with
making a false entry in a report made by them, "with intent to deceive an
agent appointed to examine the affairs of the association, to wit, the Comptroller of the Currency of the United States," does not charge an offense
under Revised Statutes, section 5209, the Comptroller not being charged with
any duty to examine national banks, although he is given power to appoint
agents for that purpose.
A general averment in an indictment against officers of a national bank that a
false entry charged to have been made by them in a report to the Comptroller
of the Currency was made ' 'with intent to injure and defraud the association "
is insufficient to state an offense under Revised Statutes, section 5209, no facts
being alleged to show in what manner the bank could have been injured or
defrauded thereby. (United States v. Corbett et al., 162 Fed. Rep., G87.)
False entries—Evidence—Declarations by accused.
(U. S. C. C. A., 1907.) Defendant was charged with having made a false entry
in a report made to the Comptroller of the Currency as president of a national
bank, in that he omitted from the statement of deposits for which the bank
was liable the amount of a deposit made several years before and which had
not been withdrawn. The defense was that the depositor had authorized
defendant to loan the money, which had been done, but the depositor denied
such agreement. It was shown by the evidence that defendant, in fact,
made loans which were charged to the depositor's account, and for which he
62280—CUR 1908



7

98

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OFFICERS, CRIMINAL LIABILITY OF—Continued.

FALSE

ENTRIES—continued.

took notes payable to the depositor. Held, that a statement made by him
to a borrower at the time of making such a loan, which was several years before
the making of the alleged false report, to the effect that it was made from
money left by the depositor to be loaned, was not admissible as a part of the
res gests?, but was properly excluded as a self-serving declaration. (May v.
United States, 157 Fed. Rep., 1.)
Witnesses—Impeachment—Materiality
of evidence to show bias or prejudice.
(U. S. C. C. A., 1907.) A remark made by a witness in a criminal case out of
court held to have no tendency to show bias or prejudice and properly excluded
as immaterial, when offered to be showTn for that purpose. (Ib.)
Instructions—Assump tio n of fact.
(U. S. C. C. A., 1907.) An assumption of a fact in the charge to the jury in a
criminal case held warranted, where such fact was admitted by defendant
as a witness. (Ib.)
Instructions as to question of intent.
(U. S. C. C. A., 1907.) The following instructions given on the trial of the
defendant under section 5209, for making a false entry in a report to the
Comptroller held not erroneous as applied to the evidence:
"But the intent with which these acts were done, if you find they were done,
is to be particularly observed. * * * It is for you to find beyond a
reasonable doubt that it was with the intent to deceive an agent appointed
by the Comptroller to examine into the affairs of the bank. * * * The
defendant has testified specifically that he had no intent to injure any one
or defraud any one, and that you must consider with all the testimony in
the case. * * * Therefore you will consider the evidence of the defendant
as to his intent, haying regard to this principle of law, and the acts you find
to have been committed, considering his evidence with all the other testimony
in the case, giving such credence to his statement that he did not intend
to defraud or deceive as you think under the circumstances it is entitled
to." (Ib.)
AIDERS AND ABETTORS.

Aiding misappropriation—Evidence—Admissibility.
(U. S. C. C. A., 1908.) In a trial for aiding a national-bank cashier in misapplying
a stock certificate held by the bank as collateral for a loan, defendant having
used the certificate as collateral on a note he discounted, defended on the
ground defendant did not know of the bank's interest in the certificate
and was innocent of any purpose to aid and abet in abstracting it, the prosecution could show that the bank's minute book disclosed no record of the
directors sanctioning the use of the certificate. (Cook v. United States,
159 Fed. Rep., 919.)
Writ of error—Harmless error—Admission of evidence.
(U. S. C. C. A., 1908.) In a trial for aiding a national-bank cashier in misapplying
a stock certificate held by the bank, defended on the ground that defendant
did not know of the bank's interest in the certificate and was innocent of
any criminal purpose, any error in admitting the bank's minute book on
the prosecution's part to show that it disclosed no record of the directors
sanctioning the use of the certificate was harmless, where a witness, without
any objection to the competency of the book, had testified to the substantive
fact, which was admissible, that there was no such record in the book, the
authenticity of the book not being questioned on writ of error, the effect
of the testimony being wholly negative, and there being nothing to show
that the directors had authorized the withdrawal by the cashier of the certificate, or had taken any action respecting it which was not recorded. (Ib.)
Criminal law— Trial—Instructions.
(U. S. C. C. A., 1908.) A point presented by defendant in a federal prosecution, that the burden of proof was on the Government, that defendant was
entitled to the benefit of a reasonable doubt, and that when testimony contradictory or explanatory is introduced by defendant it becomes a part of
the burden resting on the Government to make the case so clear that there
can be no reasonable doubt as to the inferences and presumptions claimed
to flow from the evidence presented by the Government, in effect called



KEPOKT OF THE COMPTEOLLER OF THE CURRENCY.

99

OFFICERS, CRIMINAL LIABILITY OF—Continued.
AIDERS AND ABETTORS—COlltilllied.

for instructions as to the burden of proof, and was properly answered by the
court saying: "Understanding by this point it is meant that the burden of
proving the guilt of the defendant rests upon the Government, and that the
proof must satisfy the jury of such guilt beyond any reasonable doubt that
may arise upon all the evidence in the case, in order to warrant a conviction,
the point is affirmed." (Ib.)
Intent.
(U. S. C. C. A., 1908.) The following instruction, in a trial for aiding a nationalbank cashier in misapplying a stock certificate held by the bank, was unobjectionable, being but a broader statement of the principle that every man
is presumed to know the natural and probable consequences of his own acts:
"As I have said before, the question of intent is one that is hard to establish
directly, because grown persons do not always disclose the object they have
in view in any acts in which they may indulge; and you have to gather the
intent from the character of the act, the circumstances surrounding it, and
from conduct of a like character which may appear as tending to aid you
in finding and discovering it. But in connection with all this, unless the
testimony satisfies you of something else, you are warranted in holding a
party responsible for the natural and probable and legitimate consequences
of his act. I have said that is what is presumed in every case a man means."
(ib.)
Writ of

error—Review.

(U. S. C. C. A., 1908.) Where on writ of error in a criminal case it appears that
the punishment imposed was justified by one count, assignments of error
affecting other counts will not be reviewed. (Ib.)
FALSE CERTIFICATION OF CHECKS.
False certification of checks—Construction

of statutes.

(U. S. C. €., 1908.) Revised Statutes, section 5208, declares that it shall be
unlawful for any officer, agent, or clerk of any national bank to certify any
check when the drawer has not on deposit with the bank an amount of money
equal to the amount specified in the check, and act of Congress July 12, 1882,
section 13, declares that any officer, clerk, or agent of a national bank who
shall certify checks before the amount thereof shall have been regularly
entered to the credit of the drawer on the books of the bank shall be guilty
of a misdemeanor. Held, that section 5208 does not create any criminal
offense, but that such section should be read with section 13 of the act of
July 12, 1882, and that the two create one offense, viz: the certification of a
check when the drawer has not sufficient money to cover it, or before the
amount shall have been regularly entered. (United States v. Heinze, 161
Fed. Rep., 425.)
Indictment—Different

offenses— Joinder.

(U. S. C. C, 1908.) Where a statute makes either of two or more distinct acts
connected with the same general offense and subject to the same measure
and kind of punishment indictable as separate and distinct crimes when
committed by different persons or at different times, they may, when committed by the same person at the same time, be coupled in one action as constituting one offense. (United States v. Heinze, 161 Fed. Rep., 425.)
Judicial notice—Meaning

of words.

(U. S. C. C, 1908.) Courts are bound to take judicial notice of the meaning of
the word "certify" as applied to bank checks.
The word "certify" as applied to bank checks indicates that certain words
have been written or printed on a check, and that the check has passed from
the custody of the bank into the hands of some other party, and that thereby
the person certifying created an obligation of the bank. (Ib.)
Certification of

checks—Indictment.

(U. S. C. C , 1908.) An indictment against an officer of a national bank, alleging
unlawful certification of checks, was not fatally defective for failure to set
out totidem verbis the written certifications, under the rule that in an indictment in federal courts it is not necessary to allege the tenor of an instrument
unless it touches the gist of the crime. (Ib.)



100

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OFFICERS, CRIMINAL LIABILITY OF—Continued.
FALSE CERTIFICATION OF CHECKS—continued.

Allegation of written instruments.
(U. S. C. C , 1908.) The rule which requires a setting out of an entire instrument
or its tenor in an indictment in the federal courts is limited mainly, if not
wholly, to cases of forgery, counterfeiting, and sending threatening letters.
(Ib.)
Certification of checks by order of superior officer.
(U. S. C. C , 1908.) Where an indictment against a national-bank officer charged
him personally with illegally certifying certain checks it was necessary for
the Government, in order to sustain such charge, to prove that the individuals
who actually executed the certification indorsement were but the physical
instruments of the defendant and acted in accordance with his orders. (Ib.)
OFFSETS.

Bank's right of setoff.
(U. S. Sup. C., 1904.) The balance of a regular bank account at the time of filing
the petition is a debt due to the bankrupt from the bank, and in the absence
of fraud or collusion between the bank and the bankrupt with the view of
creating a preferential transfer, the bank need not surrender such balance,
but may set it off against notes of the bankrupt held by it and prove its claim
for the amount remaining due on the notes. (New York County National
Bank v. Massey, 192 U. S., 138.)
(U. S. C. C. A., 1907.) A bank held, under bankruptcy act of 1898, entitled to
set off the amount of demand notes it held against a bankrupt as against a
deposit to the bankrupt's credit. (Lowell v. International Trust Co., 158
Fed. Rep., 781.)
POWERS.
VALIDITY OF MORTGAGES WHEN TAKEN ULTRA VIRES.

Indorsement of note without assignment of mortgage—Mortgage follows the note.
(Minn. Sup., 1902.) Where a promissory note, secured by a mortgage on real
estate, is indorsed and transferred to a purchaser without a formal assignment
of the mortgage, the security follows the note as an incident thereto. The
purchaser becomes the equitable owner of the mortgage, acquiring an interest
which enables him to deal with it for all purposes, unless it is expressly
stipulated to the contrary by the parties to the transfer. (First National
Bank of Mankato v. Pope, 85 Minn., 433.)
SHAREHOLDERS.
WHO DEEMED TO BE SHAREHOLDERS FOR ASSESSMENT.'

Liability of shareholders of record.
(U. S. C. C. A., 1907.) One who is notified that shares of stock in a national
bank had been transferred into his name, although he had in fact no interest
therein, and who indorsed the certificates in blank, but took no steps to have
the stock transferred to the name of the true owner, can not avoid liability
for an assessment thereon made by the Comptroller to meet the debts of the
bank after its insolvency. (Kenyon v. Fowler, 155 Fed. Rep., 107.)
Shareholders— Termination of relation.
(Mass. Sup., 1908.)
National bank act, July 12, 1882, provides that when any
national banking association has amended its articles so as to extend its
operation for twenty years, and the Comptroller has granted his approval,
any nonassenting shareholder may give written notice to the directors within
thirty days from the certificate of approval of his desire to withdraw, in
which case he shall be entitled to receive from the bank the value of his
shares, to be ascertained by an appraisal of the bank's assets by a committee
of three, and that the shares, after payment, shall be surrendered and sold at
public sale. Held, that where defendant within thirty days after the extension of the charter of a national bank gave notice of her election to withdraw,
the appraisers failing for a little less than two years to act, before the failure
of the bank, defendant having in the meantime refused to accept dividends
or act as a stockholder, she was a creditor and not a stockholder of the
bank, and was not liable for assessments levied on the stock previously
owned by her. (Apsey v. Whittemore, 85 N. E. Rep., 91.)



REPORT OF THE COMPTROLLER OF THE CURRENCY.

101

SHAREHOLDERS—Continued.
WHO DEEMED TO BE SHAREHOLDERS FOR ASSESSMENT

Continued.

Surrender of shares—Credit of dividends.
(Mass. Sup., 1908.) It was not material that defendant in the meantime had
retained possession of the stock certificates, which she was not required to
surrender until payment of their appraised value, nor that the dividends
declared on such stock were credited to her account on her refusal to accept
the same. (Ib.)
TAXATION.

STATE STATUTES CONSTRUED.
KENTUCKY.

Effect of judgment against some of the instrumentalities of a State as res judicata against
another instrumentality.
(U. S. Sup. C , 1907.) A judgment against a county of Kentucky and the
members of the state board of valuation restraining the collection of taxes of
that county as impairing the obligation of a contract created by law of the
State and within the protection of the Federal Constitution is not, because
such state officers were parties, res judicata as to the validity of taxes imposed
by another county, nor is such other county privy to the judgment.
It is competent for the legislature of a State to change the day that a bank shall
report its property for assessment and to provide that the lien of the assessment shall follow the property in the hands of a vendee. (Bank of Kentucky
v. The Commonwealth of Kentucky, 207 U. S., 258.)
Courts—Federal courts—Following state decisions.
(U. S. C. 0. A., 1908.) When the validity, meaning, and effect of a state statute
involves no question arising under the Constitution or laws of the United
States, a court of the United States should accept the meaning and effect
given to such law by the highest court of the State, except in the limited class
of cases when rights have vested or contracts have been made under such
statute before it has received interpretation by the state court. (Hager et
al. v. American National Bank, 159 Fed. Rep., 396.)
Construction of state statute.
(U. S. C. 0. A., 1908.) The decision of the court of appeals of Kentucky construing Act Kentucky, March, 1906 (acts 1906, p. 134, c. 22), relating to the
taxation of banks and trust companies, which went into effect June 11, 1906,
in so far as it holds that such act was intended to and did apply to assessments made in 1906, and that assessments made for that year after it went
into effect were lawfully made thereunder, is binding upon a federal court
in a suit by a national bank to restrain the collection of taxes based on
such assessment. (Ib.)
Taxation by State.
(U. S. C. C. A., 1908.) That the value of the shares of a national bank includes
value due to nontaxable United States bonds owned by the bank is no objection to the validity of an assessment of such shares for taxation by a State
without excluding the value of the bonds. (Ib.)
Construction of Kentucky statute—Validity.
(U. S. C. C. A., 1908.) Act Kentucky, 1906, providing the method of taxing
state and national banks and trust compnies *' upon each one hundred dollars
of value of the shares" of such banks and companies, as construed by the
court of appeals of the State, is not invalid as to national banks under the
federal law, as imposing the tax upon their capital and surplus, and not on
their shares. (Ib.)
NEW MEXICO.

When equity will interfere with assessing officer.
(U. S. Sup. C., 1908.) Equity will not interfere to stop an assessing officer from
performing his statutory duty for fear he may perform it wrongfully; the
earliest moment is when an assessment has actually been made, and in this
case held that the court would not, at the instance of a national bank, enjoin
assessors in advance from making an assessment on a basis alleged to
be threatened and which if made would be invalid under section 5219,
Revised Statutes. (First National Bank of Albuquerque v. Albright, 208
U. S., 548.)




No. 1.—COMPTROLLERS AND DEPUTY COMPTROLLERS OF THE CURRENCY, DATES OF
APPOINTMENT AND RESIGNATION, AND STATES FROM WHENCE APPOINTED.
No.

1

Hugh McCulloch
Freeman Clarke
Ililand R. Hulburd
John Jay Knox
Henry W. Cannon
,t
William L. Trenholm
Edward S. Lacey
_ A. Barton Hepburn
| James II. Eckels
' Charles G. Dawes
William Barret Ridgely
Lawrence 0. Murray

|

Name.

Date of

I

Date of

appointment, j resignation.

COMPTROLLERS OF THE CURRENCY.

2
3
4

6
7
8
9
10
11
12

May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.

,

9,1863 Mar. 8,1865 Indiana.
21,1865 July 24,1866 j New York.
1,1867 Apr. 3,1872 j Ohio.
25,1872 Apr. 30,1884 Minnesota.
Do.
12,1884 Mar. 1,1886 '
20,1886 Apr. 30,1889 | South Carolina.
1,1889 June 30,1892 j Michigan.
2,1892 Apr. 25,1893 j New York.
26,1893 Dec. 31,1897 j Illinois.
1,1898 Sept. 30,1901 j
Do.
1,1901 Mar. 28,1908 i
Do.
28,1908
New York.

DEPUTY COMPTROLLERS OF THE CURRENCY.
Samuel T. ITowa.rd
Hiland R. Hulburd
John J a y Knox
John S. Langworthy
V. P. Snyder
J. D. Abrahams
R. M. Nixon
Oliver P. Tucker
George M. Coffin
Lawrence O. Murray
Thomas P. Kane
Willis J. Fowler




j
j
i
|
j
'

May
Aug.
Mar.
Aug.
Jan.
Jan.
Atig. 11
Apr.
Mar.
Sept.
June
July

1863
1865
1867
1872
1886
1887
1890
1893
1896
1898
1899
1908

Aug.
Jan.
Apr.
Jan.
Jan.
May
Mar.
Mar.
Aug.
June 27

186; j New York.
186: Ohio.
.-«
1872 !Minnesota.
1886 i New York.
1887 |
Do.
1890 ! Virginia.
1893 ! Indiana.
1896 Kentucky.
1898 j South Carolina.
1899 ! New Y ork.

I District of Columbia.
I Indiana.

103

104
No.

REPORT OF THE COMPTROLLER

OF THE

CURRENCY.

2.—NAMES AND COMPENSATION OF OFFICERS AND CLERKS IN THE OFFICE OF
THE COMPTROLLER OF THE CURRENCY, OCTOBER 31,
1908.

Lawrence O. Murray
Thomas P . Kane
Willis J. Fowler
George T. May
Edmund E. Schreiner
Ebenezer Southall
Albert A. Clemons
Watson W. Eldridge
Caleb C. Magruder
Theodore O. Ebaugh
Charles A. Stewart.
Willard E. Buell
William S. Davenport
Loren H. Milliken
Edwin F . Rorebeck
Frederick R. Steffens
William D. Swan a
Arthur M. Wheeler
Ephraim S. Wilcox
George H. Wood
Adelia M. Stewart
Antoinette Avery
Harriet M. Black
Frank T. Israel
Francis J. Kilkenny
William A. Nestler
Stephen L. Newnham
Morris M. Ogden
William V. Price
John W. Snapp
Julia A. SneL
- ~ • ~ ,11..
Warren E. Sullivan
Lloyd M. Tillman
Oscar L. Telling
William J. Tucker
Eveline C. Bates
Leonidas I. Beall
James M. Britt
Albert F . Bronniche..
Sarah F . Fitzgerald...
Bruce E. Hutchinson.
Eliza R. Hyde
Carrie L. Pennock
Carrie B. Pumphrey..
Edmund F . Quinn
Eliza A. Saunders
JohnC. Settle
Margaret L. Simpson.
Robert R. Spencer
Willis B. Speare
George Thompson
Mary E. Bates
Louisa Campbell
Ellen Carey
Virginia H. Clarke
Mary L. Conrad
James M. Dalzell
Henry B. Davenport
Susie N. Dutrow
Harrie B. Ellis
William A. Kelly
Alice M. Kennedy
Helen L. McL. Kimball
Emma Lafayette
Chester A. Shannon
Oscar Thompson
Austin E. Tyrrell
Paul Wagner
Clara L. Willard
Geraldine Clifford
Josiah L. Dillard
Irene Elliott.
Thomas D. Gannaway
Clyde E. Gross
William E. Hall
Emily L. Hay
Arthur L. Hicks
Edna E. Johnston
John O. Lewis
Daniel H. Mason




Deputy Comptroller
do.
d
Chief clerk
Superintendent
Chief of division
do
do
Teller
Bookkeeper
Assistant bookkeeper
Clerk, class 4
do
do
do
do..
do
do..
do
do..
Stenographer
Clerk, class 3
do
do
do
do
do
do
:..".
do
do
do
do
|
do
I
do
do
Clerk, class 2.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Clerk, class 1.
do
do
I
do
!
do
do
do
do
'
do
I
do
;
do
do
l
do
]
do
do
I
do
do
do
Clerk, class E .
do
do
do.
do.
.do.
.do.
.do.
do
do
do
a $200 additional for bond clerk.

$5,000
3,500
3,000
2,500
2,500
2,500
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
1,800
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,200
1,200
1,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,200
,000
,000
000

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

105

EEPOET OF THE COMPTROLLER OF THE CURRENCY.

No. 2.—NAMES AND COMPENSATION OF OFFICERS AND CLERKS IN THE OFFICE OF

THE COMPTROLLER OF THE CURRENCY, OCTOBER 31, 1908—Continued.
Name.

Grade.

Charles T. Maxey
Daniel C. Mulloney
Mary E. Oliver
Marion Radcliffe
Henry E. Smith
Emma W. Stokes
Jacob W. Bright
Thomas H. Austin
Jacob W. Austin
Claude H. Beaty
Carl Bock
Russell O. Burton
Philo L. Bush
Lewis R. Close
Abe Cohen
James A. Frazier
Eliza M. Guerard
Reginald P. Hare
Mary B. Harvell
James W. Helm
John J. McDonnell
Mary A. Martin
Lizzie S. Robinson
Thomas P. Wilgus
John B. Patterson
"William B. Carroll
George M. Cook
John Dillard
William G. Jamieson
Joseph A. Munnerlyn
Samuel M. Freeman
Jane Bailey
Mary J. Darnall
Louisa Friedrich
Mary E. Goodall
Alice A. Hagerty
Anna E. Jones
George T. Barksdale
George B. Clark
Arthur M. McFadden
Charles S. Beard
Norman T. Raymond
William R. Thawley

Clerk, class E
do
do
do
do
do
Engineer
Clerk, class D
do
do
do
do
do
do
do
'
do
do
do
do
do
do
do
do
i
do
Messenger
Assistant messenger
;
do
do
do
do
; Fireman
< Counter
do
!
do
do
do
do
Laborer
'
do
> do
' Messenger boy
I
do
'
do

Salary.
$1,000
1,000
1,000
1,000
1,000
1,000
1,000
900
900
900
900
900
900
900
900
900
900
900
900
900
900
900
900
900
840
720
720
720
720
720
720
700
700
700
700
700
700
660
660
660
360
360
360

:

No. 3.—NATIONAL BANK EXAMINERS.

Name.

Address.

Name.

Lansing, Mich.
Campbell, S. B
573 Auburn avenue, Buffalo, N. Y.
Chapman, Chas. II
Armstrong, J. A
Columbia, S. C.
Cline, Jas. A
Balch, Joseph
P. 0. box 152 (letters),
Providence, R. I.
Coates, Francis, jr
Prentiss, Miss.
Batson, D. L
Cooper, S. II. L
Manchester, N. 11.
Bean, N. S
'.
Cunningham, John B..
Beatie, Walter J
Salt Lake City, Utah.
306 Magnolia avenue, Currier, Harry F
Bennet, II. S
Curtis, Chas. W.o
Jersey Citv, N. J.
Bingham, Channing... 3515 Hamilton street, Dix, B. R
Philadelphia, Pa.
Duffett, Walter W., jr.
Bostwick, II. M
Woodbine, Iowa.
Earling, Peter R
Bosworth, C. II
801 Federal Building,
Chicago, 111.
Elliott, Milton C
Bryant, Frank W
209 East Tenth street,
Oklahoma City, Okla.
Buck, F. N
Wilmington, Del.
Ewer, Alfred
Bucehle, Wm. L
St. Joseph, Mo.
Burke, Robt
Aurora, 111.
Fargo, Chas. E
Butler, W, J
218* South Fifth street,
Springfield, 111.
Folds, Wm. L
Camp, A. B
220 Post-Office Building,
Cincinnati, Ohio.
Frazcr, Wm. D
a Resigned.
Ainger, D. B
Alderman, F. W




Address.
1055 Franklin street,
Columbus, Ohio.
Geneva, N. Y.
1955 A street, Lincoln,
Nebr.
Richmond, Va.
Jonesboro, Tenn.
512 Post-Oflice Building,
Pittsburg, Pa.
Maiden, Mass.
Dexter, Me.
San Juan, P. R.
27 Eastern Promenade,
Portland, Me.
Hyde Park Hotel, Chicago, 111.
Care National Deposit
B a n k , Philadelphia,
Pa.
23 Schuyler street, Roxbury, Mass.
Corner Cole and Bowser
avenues, Dallas, Tex.
421 Wood street, Pittsburg, Pa.
Warsaw, Ind.

106

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 3.—NATIONAL BANK EXAMINERS—Continued.

Name.
French, C. E
Garrett, Robt. D
Gatch, E. S
Gatch, Claud
Goodell, Geo. W
Graham, E. J
Griffin, E. W
Hale, John M
Hann, S. M
Hanna, Chas. A

Address.

Name.

4155 Lindell boulevard,
St. Louis, Mo.
Care First Natl. Bank,
Friendly, W.Va.
South Pasadena, Cal.
Salem, Oreg.
1046 Franklin street, Denver, Colo.
78 State street, Albany,
N. Y.
Fairbanks, Alaska.
Chandler, Okla.
Forest Park, Baltimore,
Md.

Care U.S.Custom-House,
New York, N. Y.
Hanna, H. G
Care U. S. Custom-House,
New York, N. Y.
Hardt, W. M
3303 Powelton avenue,
Philadelphia, Pa.
Harper, Mark L
Eureka, 111.
Hertford, J. W
Houston, Tex.
Hicks, Frank 0
St. Louis, Mo.
Wilmington/ Ohio.
Hoskins, H. E
Elgin, 111.
Hubbell, E. S
Hull, Fred A
Asheville, N. C.
Department of Justice,
Johnson, E. 1
Washington, D. C.
Johnson, Jas. C
Mitchell, S. Dak.
Johnston, Percy II
Lebanon, Ky.
Jones, Wilfrid P
Algona, Iowa.
Kelly, Wm. A
Sitka, Alaska.
Kendall, M. A
Parkersburg, W. Va.
Kerr, John A. H.
Redlands, Cal.
Klein, F. L
732 Majestic Building,
Denver, Colo.
Fort Worth, Tex.
Logan, J. M
Boise, Idaho.
Loveland, C. S
Davenport, Wash.
Luce, Frank H
Grand Rapids, Mich.
Luther, Geo. E
Care of Cosmopolitan N.
Lyons. Robert
B.,Pittsburg, Pa.
Globe, Arizona.
Marshall,H. D., jr
McCormiek, Frank R.. .505 Corcoran Building
Washington, D. C.
Athens, Ohio.
McCune, S. L
Miami, Fla.
McDonald, J. K
Grand Rapids, Michigan.
Mertens, Charles R
Lebanon, Kans.
Mossman, J. D
1204 R. E. Trust BuildMoxey, Edward P
ing, Philadelphia, Pa.
Hartford, S. Dak.
Munson, Edgar W
Care of Fort Pitt National
Murray, Chas. C
Bank, Pittsburg, Pa.
Lynn, Mass.
Neal, W. E
512 Federal Building,
Nesbit, Harrison
Pittsburg, Pa.

Address.

Norris, Frank L

406 Post-Office Building,
Philadelphia, Pa.
Norvell, Jos. W
Colorado Springs, Colo.
Oldham, Francis F
Washington, D. C.
Patterson, F. E
P. O. box 1347, Philadelphia, Pa.
Patterson, M. E
302 Custom-House, Nashville, Tenn.
801 Federal Building, ChiPeeples, C. J
cago, 111.
Pepper, Ellis S
Southport, Conn..
Perkins, Chas. S
Meriden, Conn.
Rathbun, Jas. A
519 Thirteenth avenue
SE., Minneapolis, Minn.
Reed, Charles G
Oakland, Cal.
Reed, II. C
Muskogee, Okla.
Reeves, Owen T., j r . . . 3755 Northampton street,
Chevy Chase, D. C.
Nashville, Tenn.
Ridgway, J. C
Robinson, Chas. W
418 Fairmont avenue,
Fairmont, W. Va.
Robinson, W. J
Mercer, Pa.
Root, J. L
Care Hampshire Arms,
Minneapolis, Minn.
Rush, John
Omaha, Nebr.
Sample, Clarence D
Con way Springs, Kans.
Schofield, J. W
Washington, D. C.
Shaw, E. B«
West Union Iowa.
Smith, Fuller C
St. Albans, Vt.
Smith, JohnH
Grand Forks, N. Dak.
Smithies, Geo. E
Honoli lu, Hawaii.
Springer, Wm. E
Elizabethtown, Ind.
Starek, Chas
P. O. drawer P, Cleveland, Ohio.
Suddath,W.F
Abilene, Tex.
Thomas, T. C
Gallipolis, Ohio.
Care Comptroller of CurTillman, Lloyd M
rency, W a s h i n g t o n
D. C.
Tyler, Evan S
Fargo, N. Dak
Van Brocklin, Chas. E. Cortland, N. Y.
Van Vranken, Josiah.. Schenectady, N. Y.
Van Zandt, R. L
Fort Worth, Tex.
Vavrina, Chas
Baltimore, Md.
Walton, Philip G
43 Central N. B. Bldg.,
Topeka, Kans.
Watts, Edward E
Care U. S. CustomHouse, New York,N.Y.
Watts, John
New"ton, Kans.
WTeir, Miller
Jacksonville, 111.
Williams, Christopher Care City N. B., GreensL.
boro, N. C.
Davenport, Wash.
Wilson, E. T
Paris, Ky.
Yerkes, W. L
Zerby, John F
Pottsville, Pa.

a Deceased.
No. 4.—EXPENSES OF THE OFFICE OF COMPTROLLER OF THE CURRENCY FOR THE
YEAR ENDED JUNE 30, 1908.

For special dies, plates, printing, etc
$402,324. 46
For salaries
124,746. 65
For salaries reimbursed by national banks
31,471. 00
Total expenses of the Office of the Comptroller of the Currency from its organization, May,
1863, to June 30, 1908
11,442,278. 73
The contingent expenses of the bureau are not paid by the Comptroller, but from
the general appropriation for contingent expenses of the Treasury Department, no
separate account of them being kept.




107

EEPOET OF THE COMPTROLLER OF THE CURRENCY.

No. 5.—NUMBER OP NATIONAL BANKS ORGANIZED SINCE FEBRUARY 25, 1863, NUMBER PASSED OUT OF THE SYSTEM, AND NUMBER IN OPERATION OCTOBER 31, 1908.
Total number organized
Number passed into voluntary liquidation
Number passed into liquidation upon expiration of corporate existence
Number placed in charge of receivers a

1,740
174
476

9,263

Number passed out of the system

2,390

Number now in operation

6,873

No. 6.—NUMBER AND AUTHORIZED CAPITAL OF NATIONAL 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.

Organized.

Year.

No.

134
1863
1864
453
1 014
1865
62
1866
. ...
1867
10
1868
12
9
1869
22
1870
1871
170
1872
175
1873
68
187^
71
1875
107
1876
36
1877
29
1878
28
38
1879
57
1880
1881
86
1882
227
262
1883
1884
191
1885
145
1886
174
225
1887
1888 . . .
132
1889
211
307
1890
193
1891 . .
163
1892
1893
119
1894 . .
50
1895
43
1896
28
1897
44
1898
56
78
1899
383
1900
1901
394
1902
470
1903
553
1904
431
1905
506
1906.
455
1907
516
326
1908

Capital.
$16,378,700
79,366,950
242,542,982
8,515,150
4,260,300
1,210,000
1,500 000
2,736,000
19 519 000
18,988,000
7,602,700
6, 745,500
12,104,000
3,189,800
2,589,000
2,775,000
3,595,000
6,374,170
9,651,050
30,038,300
28, 654,350
16,042,230
16,938,000
21,358,000
30,546,000
12,053,000
21,240 000
36,250,000
20, 700,000
15,285 000
11,230,000
5,285,000
4,890,000
3,245,000
4, 420,000
9, 665,000
16, 470,000
19,960,000
21,554,500
31,130,000
34,333,500
21,019,300
33,532,500
21.413,500
34,967,000
22,823,000

I n voluntary
liquidation*
No.

Capital.

3
6
4
12
18
17

$330,000
650,COO
2,160,000
2,445,500
3,372,710
14 2,550,000
11 1,450,000
11
2,180,500
21 3,524,700
20 2,795,000
38 3,820,200
32 2,565,000
26 2,539,500
41 4,237,500
33 3,750,000
9
570,000
26 1,920,000
78 16,120,000
40 7,73S, 000
30 3,647,250
85 17,856,590
25 1,651,100
25 2,537,450
34
4,171,000
41
4,316,000
50 5,050,000
41 4,485,000
53 6,157,500
46 6,035,000
79 10,475,000
49 6,093,100
37 3, 745,000
70 9, 659,000
69 12,509,000
64 24,335,000
43 12, 474,950
39 7, 415,000
71 22,190,000
72 30,720,000
65 20,285,000
121 24,409,500
81 13,223,000
84 11,745,000
80 12,415,000

Aggregate.. 9,263 994,686, 482 1,914 342,317,050
D e d u c t decrease

In solvent.
No.

Capital.

Net yearly
increase.
No.

Capital.
$16,378,700
79,366,950
242,162,982
7,365,150
930,300

9
25
17
65
21
36
27
38
7
12
6
11
2
12
20
22
8
7
24

134
450
$50,000 1,007
500,000
56
1 170,000
410,000
50 000
250,000
7
159
i,806,166
158
3,825,000
36
250,000
48
64
1,000,000
965,000
3,344,000
2 612,500
1,230,000
700,000
45
60
1,561,300
146
250,000
220
1,285,000
150
600,000
56
650.000
141
1,550,000
192
1,900,000
90
168
250,000
248
750.000
3,622,000
127
2, 450,000
93
10,935,000
8
2,770,000
5,235,020
3,805,000
5,851,500
1,200,000
2
850,000
1,800,000
334
344
1,760,000
450,000 397
3,480.000
469
1,535,000
346
2,035,000
363
680,000 366
775,000
425
5,560,000
222

499

81,752,420 7,131

Net yearly
decrease.
No. Capital.

633., 955.832

1
2
6
4
1
1
6

11
3
5
9
10
14
8
3
3

2
11
4
8
8
8
2

8
10
Q

18 069 000
15,001,400
253,000
3,700,500
7,283,800

5

7
97
5,104,170
7,731,050
12,357 000
20,668, 350
11,109,980
19,056, 900
26,458 550
5,982,000
16 674 000
30,450, 000
12,593,000
6,677,500

3

$1,645,500
1,922,710
64,000

340,200
3,294,500
4,075,000
1,385,000

1," 518,590

5,740,000
7,960,000
42 6,338,120
36 4, 405,000
fn 11,090,500
19 4,044 000
8,715,000
50

5,685,050
12,379,500
8, 490,000
133,500
7,088,000
7,510, 500
22,447,000
4.848.000

281

63,338,820

Net increase

6; 850

570,617,012

restored to
solvency

23

800,700

6,405,000

Add for banks
Total

net

increase

6 873 6577 0°2 012

a Two banks which failed were restored to solvency, but subsequently failed again, thus resulting in 478
receiverships, but involving only 476 banks.
^The total authorized capital stock on October 31 was $930,365,275; the paid-in capital $929 540,145,
including the capital stock of liquidating and insolvent banks which have not deposited lawful money

for the retirement of their circulating notes.



108

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 7.—NUMBER OF NATIONAL BANKS ORGANIZED, IN LIQUIDATION, AND IN OPERATION, WITH THEIR CAPITAL, BONDS ON DEPOSIT, AND CIRCULATION ISSUED,
REDEEMED, AND OUTSTANDING ON OCTOBER 31, 1908.
Banks.

State or Territory.

Maine
New Hampshire..
Vermont
Massachusetts
Rhode Island :.
Connecticut
Total
New York
New Jersey
Pennsylvania
Delaware
Maryland
Dist. Columbia
Total
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total
Missouri
Ohio .
Indiana
Illinois
Michigan
Wisconsin
Iowa
Minnesota
North Dakota
South Dakota
Kansas
Nebraska
Total
Nevada
Oregon
Colorado
Idaho.
Montana
Wyoming
Washington
California
Utah
New Mexico
Arizona
Oklahoma
Alaska
Hawaii
Porto Rico
Total

Organized.

In
In
liqui- operdation. ation.

108
70
74
308
65
107

31
13
23
111
43
27

United
States
bonds on
deposit.

Issued.

$9,051,000
5,435,000
5,610,000
57,067,500
6,700,250
20,230,050

$6,004,100
5,619,000
4,594,500
31,920,000
4,162,500
12,807,350

$73,745,250
53,400,655
61,483,770
531,699,465
107,691,675
164,612,850

$67,809,952
48,510,916
56,957,938
497,529,513
102,898,458
151,485,305

$5,935,298
4,889,739
4,525,832
34,169,952
4,793,217
13,127,545

Redeemed.

Outstanding.o

732

248

484 104,093,800

65,107,450

992,633,665

925,192,082

67,441,583

636
201
918
27
113
22

212
25
140

424 159,047,100
176 20,145,716
778 115,564,394
27
2,348,985
102 17,844,400
11
5,202,000

91,053,600
13,723,370
84,453,970
1,490,000
12,568,750
5,137,000

778,054,855
117,982,080
556,559,465
13,935,655
94,604,310
23,439,700

679,652,889
104,614,637
471,786,610
12,640,165
81,919,175
17,609,626

98,401,966
13,367,443
84,772,855
1,295,490
12,685,135
5,830,074

11
11

399 1,518 320,152,595 208,426,690 1,584,576,065 1,368,223,102 216,352,963

1,917
133
112
86
40
122
54
107
41
57
688
50
192
129
1,811
202
562
339
535
201
185
419
316
160
123
338
292
3,672

47,589,350
31,486,880
22,937, 450
17,149,775
32,464,720
9,737,710
26,341,130
8,647,910
28,900,930
82,529,660
5,975,690
87,949,355
37,461,380

419 1,392 141,207,250 102,891,540

439,171,940

332,012,517 107,159,423

30,985,000
61,286,000
25, 484,800
57,438,500
15,050,000
16,005,000
20,455,000
20,778,500
4,784,900
3,460,000
12,242,500
13,640,000

25,488,940
41,472,910
20,205,850
34,683,860
9,106,750
12,534,330
15,258,770
13,361,500
2,401,020
2,094,550
9,961,370
8,912,270

100,640,785
264,475,290
111,545,115
163,997,195
66,569,530
47,204,640
72,370,000
48,304,720
7,981,570
7,860,230
41,406,410
36,064,370

73,076,225
218,958,679
90,445,070
122,935, €03
56,136,876
34,340,701
56,460,866
33,857,173
5,575,039
5,716,895
31,064,809
26,840,019

1,070 2,602 281,670,200 195,542,120

968,419,855

755,407,955 213,011,900

23
18
17
10
22
15
31
10
19
156
10
46
42

80
193
93
123
105
55
102
52
28
34
127
78

110
94
69
30
100
39
76
31
38
532
40
146
87

122
369
246
412
96
130
317
264
132
89
211
214

12,978,020
8,088,500
6,890,000
4,340,000
11,301,330
4,880,000
8,347,000
3,425,000
8,745,000
41,138,300
4,000,000
16,963,400
10,110,700

36,956,547
24,238, 661
17,120, 791
13,772,670
23,849,793
6,312,827
19,327,716
5,886,926
21,650,113
57,226,179
4,035,767
73,000,258
28,634,269

10,210,750
7,096,700
5,534,760
3,096,250
8,557,010
3,269,000
6,813,010
2,746,250
6,622,000
24,266,700
1,852,510
14,245,350
8,581,250

-

10,632,803
7,248,219
5,816,659
3,377,105
8,614,927
3,424,883
7,013,414
2,760,984
7,250,817
25,303,481
1,939,923
14,949,097
8,827,111

27,564,560
45,516,611
21,100,045
41,061,592
10,432,654
12,863,939
15,5)09,134
14,447,547
2,406,531
2,143,335
10,341,601
9,224,351

12
83
147
48
67
35
123
171
27
51
17
343
2
4
1

2
19
34
9
26
7
59
27
7
11
4
49

10
64
113
39
41
28
64
144
20
40
13
294
2
4
1

1,757,000
4,601,000
9,480,000
1,900,000
3,765,000
1,560,000
7,653,000
33,815, 300
2,180,000
1,^95,000
805,000
12,095,000
100,000
610,000
100,000

1,499,250
3,015,600
6,828,510
1,146,750
2,325,700
1,178,300
4,972,600
27,376,500
1,978,250
1,551,500
694,950
7,678,390
25,000
285,750
100,000

2,739, 460
11,279,690
26,775,010
3,477,760
9,294,470
4,086,730
15,031,270
73,940,440
8,271,900
6,073,190
2,208,900
19,560,860
119,150
1,280,350
209,000

1,264,528
8,163,444
19,409,859
2,327,136
7,019,697
2,935,254
9,981,545
46,345,107
6,296,324
4,521,509
1,556,638
11, 444,147
69,450
1,097,903
111,300

1,474,932
3,116,246
7,365,151
1,150,624
2,274,773
1,151,476
5,049,725
27,595,333
1,975,576
1,551,681
652.262
8,116,713
49,700
182,447
97,700

1,131

254

877

82,416,300

60,657,050

184,348,180

122,543,841

61,804,339

Total currency
banks
Add gold banks
United States.

77
57
51
197
22
80

Circulation.

Capital
stock paid.

4,169,149,705 3,503,379,497 C65,770,208
74,780
3,390,460
3, 465,240
9,263 t>2,390

6,873 929,540,145 632,624,850 4,172,614,945 3,£06,709,957 665,844,988

a Including $39,065,637, lor which lawful money has been deposited with the Treasurer of the United
States to retire an equal amount of circulation which has not been presented for redemption.
b Exclusive of 23 banks, formerly in charge of receivers, but restored to solvency.



EEPOET OP THE COMPTROLLER OP THE CURRENCY.

109

No. 8.—NUMBER OF NATIONAL BANKS ORGANIZED, IN VOLUNTARY LIQUIDATION,
INSOLVENT, AND NUMBER AND CAPITAL OF ASSOCIATIONS IN ACTIVE OPERATION
ON JANUARY 1 OF EACH YEAR FROM 1864 TO 1908.

Year.
1864.
1865.
1866.
1867.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
1878.
1879.
1880.
1881.
1884.
1885.
1886.
1887.
1890.
1891.
1892.
1893.
1894.
1895.
1896.
1897.
1898.
1899.
1900.
1901.
1902.
1903.
1904.
1905.
1906.
1907.




i I n volunOrganized. itaryliquidation.
179
682
1,626
1,665
1,675
1,688
1,696
1,759
1,912
2,073
2,131
2,214
2,315
2,345
2,375
2,405
2,445
2,498
2,606
2,849
3,101
3,281
3,427
3,612
3,832
3,954
4,190
4,494
4,673
4,832
4,934
4,983
5,029
5,054
5,108
5,165
5,240
5,662
6,074
6,566
7,081
7,541
8,027
8,489
8,979

6
11
16
29
47
62
77

87
101
118
141
179
211
236
274
308
320
349
429
462
506

578
611
632
668
706
754
804
853
905
975
1,024
1,05©
1,144
1,207
1,261
1,302
1,351
1,421
1, 495
1,565
1,686
1,759
1,841

Insolvent.

1
3
10
13
15
15
19
23
34
37
40
50
61
76
81
84
85
87
89
102
104
113
121
128
133
143
169
180
243
260
294
327
353
368
373
379
386
389
402
422
443
447
463

I n active operation.
No.
179
676
1,614
1,646
1,636
1,628
1,619
1,667
1,806
1,949
1,979
2,036
2,096
2,084
2,078
2,055
2,056
2,094
2,172
2,333
2,550
2,673
2,745
2,888
3,079
3,158
3,351
3,597
3,700
3,799
3,786
3,748
3,711
3,668
3,614
3,590
3,606
3,981
4,337
4,756
5,184
5,554
5,898
6,283
6,675

Capital.
$14,040,522
135,618,874
403,357,346
420,229,739
420,260,790
426,882,611
433,803,311
442, 427,981
468,210,336
487,781,551
499,003,401
503,347,901
511,155,865
501,392,171
485,557,771
471,609,396
461,557,515
467,039,084
470,018,135
492,076,635
518,031,135
529,910,165
534,378,265
555,865,165
584,726,915
598,239,065
623,791,365
665,267,865
685,762,265
695,148,665
693,353,165
670,906,365
664,076,915
655,334,915
639,440,295
622, 482,195
608,588,045
635,309,395
670,164,195
723, 416,695
767,567,095
785,411,335
818,482,075
862,016,775
912,369,775

No. 9.—NUMBER OF NATIONAL BANKS, CLASSIFIED BY CAPITAL, OCTOBER 31, 1908.

Number.

State, etc.

Maine.
New Hampshire
Vermont.
Massachusetts
Rhode Island
Connecticut

Over
$25,000 and
n o t over
$50,000.

$75,000
150,000
150,000
50,000

34
12
7
79

$1,700,000
580,000
350,000
950,000

3

75,000

5

250,000

Number.

Over
Over
$50,000 and N u m - $100,000 and
not over
ber.
not over
$100,000.
$250,000.

Number.

Over
$250,000 and
not over
$1,000,000.

19
24
22
58
7
21

$1,766,000
2,230,000
2 100,000
5,702,500
700,000
2,075,000

15
15
13
77
7
25

$2,510,000
2,475,000
2,210,000
14,890,000
1,200,250
4,878,850

6

$3,000,000

3
35
8
25

900,000
20,775,000
4,800,000
11,751,200

Grand total.
Over
Num$5,000,000.
Amount.
ber.

Over
Num- $1,000,000 Number. andnotover ber.
15,000,000.

6

13
-

484

103,493,800

W

424
176
778
27
102
11

158,989,600
20,177,000
116,280,490
2,348,985
17,852,400
5,202,000

66,000,000 1,518

320,850,475

110
94
69
30
100
39
76
31
38
532
40
146
87

~
12,923,500
8,161,000
6,790,000
4,360,000
11,271,000
4,780,000
8,322,000
3,460,000
8,745,000
42,973,300
4,000,000
16,960,400
10,180,000

1,200,000

7

$9,051,000
5,435,000
5,710,000
56,367,500
6,700,250
20,230,050

$14,000,000

1

15,200,000

.

. .

Total, Southern States.
....

3,830,000

151

14,573,500

152

28,164,100

77

41,226,200

1,625,000
925,000
3,725,000
100,000
550,000

111
59
247
11
34

5,382,500
2,790,000
12,060,000
495,000
1,660,000

112
41
200
7
22

11,527,500
3,932,000
18,629,220
530,800
1,930,000

75
26
96
4
7
3

13,245,600
4,870,000
19,036,250
723,185
780,000
650,000

43
12
77
1
15
8

25,059,000
6,160,000
38,930,020
500,000
10,221,700
4,552,000

15 41,550,000
1 1,500,000
8 17,900,000

280

6,925,000

462

22,387,500

382

36,549,520

211

39,305,035

156

86,022,720

26

29
17
16

. .

77

25

Total, Eastern States ..

500,000

65
37
149

725,000
425,000
400,000
100,000
350,000
125,000
425,000
75,000
200,000
3,175,000
200,000
925,000
475,000

37
37
19
4
41
16
24
9
10
216
15
39
25

1,728,500
1,745,000
925,000
200,000
1,888,000
730,000
1,082,000
410,000
480,000
10,536,000
735,000
1,860,000
1,175,000

24
25
21
12
24
11
22
12
9
125
8
37
25

2,135,000
2,200,000
2,035,000
1,135,000
2,058,000
1,075,000
2,055,000
1,140,000
840,000
11,917,300
720,000
3,360,000
2,055,000

10
11
8
5
13
1
7
4
4
40
5
16
9

1,900,000
2,091,000
1,480,000
825,000
2,575,000
250,000
1,260,000
850,000
700,000
7,245,000
845,000
2,595,400
1,775,000

4
5
5
8
6
6
3
5
24
4
16
9

6,375,000
1,700,000
1,950,000
2,100,000
4,400,000
2,600,000
3,500,000
985,000
2,700,000
10,100,000
1,500,000
6,575,000
4,700,000

304

7,600,000

492

23,494,500

355

32,725,300

133

24,451,400

105

49,185,000

3

5,470,000

1,392

142,926,200

82
65
99
8
27
153

2,050,000
1,625,000
2,475,000
200,000
675,000
3,825,000

85
66
135
30
40
69

4,003,000
2,953,000
6,430,500
1,470,000
1,890,000
3,101,000

109
71
122
40

9,911,000
6,765,000
10,873,000
3,830,000
3,005,000
2,105,000

52
30
36
9
21
7

9,260,000
5,720,000
6,670,000
1,615,000
3,745,000
1,360,000

32
13
12

15,700,000
7,000,000
6,100,000
3,850,000
2,750,000
6,400,000

9

19,800,000
1,500,000
16,750,000
4,000,000
4,000,000
4,000,000

369
246
412
96
130
264

60,724,000
25,563,000
57,298,500
14,965,000
16,065,000
20,791,000

14
5
17
3
8
1-27
8
37
19




9

2

3 $60,000,000
1

2,710,700
63,660,700

6.000.000
!

4

I

2

3,825,000

1

1,645,000

1
7
2
2
2

o

77
57
51
197
22
80

20

New York
New Jersey
Pennsylvania
Delaware
Maryland..
District of Columbia

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota

Number.

3
6
0
2

Total, New England
States

Virginia
West Virginia
North Carolina
South Carolina
Georgia.. .
Florida
Alabama
Mississippi.
Louisiana
Texas
Arkansas..
Kentucky
Tennessee

$25,000.

1

s.noo.ooo

w
O

Q
O
H
W
O

F
O
H
o

d
w
w

6,390,000
Iowa
93 j 2,325,000 [ 134
1,675,000
Missouri.
29 ! 725,000 | 37
Total, Middle States...| 556 | 13,900,000
596 | 27,912,500
North Dakota.
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma

90
56
87
75
10
9
38
18
183

2,250,000
1,400", 000
2,175,000
1,875,000
250,000
225,000
950,000
450,000
4,575,000

1,505,000
1,200,000
4,020,000
4,132,500
420,000
450,000
1,890,000
645,000
3,535,000

6,190,000
3,185,000

500

3,200,000
2,150,000

45,864,000

183 33,780,000

730.
685;
2,285,
3,695,
820,
885,
2,115,
550,
2,570,

5 I 2,200,000
6 | 3,600,000
91

200,000
150,000
1,675,000
1,500,000
2,275,000

47,600,000

I 317 I 20,365,000
! 122 | 31,035,000

19,700,000 I
29 j 69,750,000 j

8,000,000 11,956 j 246,806,500
132
89
214
211
41
28
113
40
294

3,300,000
1,100,000
3,400,000 I

1,150,000
350,000
1,125,000

4,685,000
3,435,000
13,455,000
12,302,500
3,765,000
1,560,000
9,505,000
1,995,000
11,805,000

o
w
H
O
*j

566

Total, Western States..
Washington
Oregon
California
Idaho
Utah
Nevada..
Arizona
Alaska

..
.

!

..
...

20
21
37
12
5
1
3

500,000
525,000
925,000
300,000
125,000
25,000
75,000

378 ! 17,797,500 I 157 j 14,335,000 J
16
27

20

i

Total, Pacific States
Hawaii
Porto Rico . . .

14,150,000

99
1

o ,475,

800,000
1,326,000
1,360,000
970,000
330,000
150,000
280,000
100,000

000

109

5,316, 000

25 000

2

7,800,000 I

;

4,250,000
1,000,000
9,900,000

725,000
325,000

2
1

30

16,950,000

8,250,000

800,000
1,000,000

36 | 6,702,800

'•

4 j

8,250,000

500,000

1

25,000

85,000

45,575,000 [2,110 |100,823,000 j 1,(523 151,524,320 j 760 1140,828,335

6,000,000

1,162 ; 62,507,500
64
64
144
39
20
10
13

7,950,000
4,541,000
33,832,800
l,930,0C0
2,180,000
l,782,0C0
755,000
100,000

1 I 6,000,000 i 356 j 53,070,800

H

W

o
o
g
o

710,CCO

500,000
476 |249,283,920
!

;....

610,000
100,000

100,000 j .

Total, United States.! 1,823




7,377,C

16

950,000
700,000
4,002,800 I 17

85, 000

i

Total, island possessions

15 i 1,450,000
990,000
3,395,000
660,000
200,000
282,000
400,000

45 | 8,425,000

69 1162,330,700 |

:0,000,000 16,873 j 930,365,275

o

cj

w

112

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908.
MAINE.
Charter
No.
9181

Title.
Bridgton National Bank, Bridgton

Capital.
$.50,000

NEW HAMPSHIRE.
9001

White Mountain National Bank of Gorham

Hartford National Bank of White River Junction
MASSACHUSETTS.
9086

Manufacturers National Bank of North Attleborough

Total New England States (4 banks)

$200,000
N E W YORK.

8957
9019
9060
9065
9109
9135
9171
9187
9206
9219

First National Bank of Whitestone
National Bank of Fredonia
East Worcester National Bank
First National Bank of Washingtonville
Manufacturers National Bank of Ilion
Emerson National Bank of Warrensburgh
First National Bank of Croton on Hudson
First National Bank of Mineola
First National Bank of Middleport.Peoples National Bank of Brooklyn in New York
Total (10 banks)

$50,000
50,000
25,000
25,000
50,000
50,00a
25,000
50,000
25,000
200,000
550,000

NEW JERSEY.
9061
9213
9229
9260

First National Bank of White House Station
Manasquan National Bank, Manasquan
Merchants National Bank of Jersey City
Califon National Bank, Califon
Total (4 banks)

$30,000
50,000
200,000
25,000
305,000

PENNSYLVANIA.
8938 Industrial National Bank of West York

First National Bank of Fleetwood
Grange National Bank of Clarion County at Sligo
Peoples National Bank of West Alexander
Grange National Bank of Susquehanna County at New Milford.
8962 First National Bank of SchafEerstown
Merchants National Bank of Pottsville
Mohnton National Bank, Mohnton
8969 Mechaniesburg National Bank, Mechanicsburg
8973 First National Bank of New Albany
8985 First National Bank of Orbisonia
9026 Brownstown National Bank, Brownstown
9028 First National Bank of Hamburg
9034 First National Bank of Coopersburg
9058 Farmers and Miners National Bank of Bentley ville
9072 First National Bank of Goidsboro
9084 Valley National Bank of Green Lane
9107 First National Bank of Hegins
9110 Grange National Bank of Spartansburg
9113 Coplay National Bank, Coplay
9114 Bendersville National Bank, Beadersville
9128 First National Bank of Castle Shannon
9130 First National Bank of Factoryville
9139 National Bank of Arendtsville
9149 National Bank of North East
9154 Peoples National Bank of Clintonville



$50,000
25,000
25,000
25,000
25,000
25,000
200,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
50,000
25,000
25,000
50,000
25,000
25,000
25,000
25,000
30,000
25,000
50,000
25,000

113

EEPOET OF THE COMPTROLLER OP THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908—

Continued.
PENNSYLVANIA—Continued.

9198
9202
9207
9216
9235
9240
9247
9248
9249
9256
9257
9259

Peoples National Bank of Mount Pleasant
First National Bank of Riegelsville
Littlestown National Bank, Littles town
First National Bank of Intercourse
Luzerne County National Bank of Wilkes-Barre.
First National Bank of Auburn
Citizens National Bank of Shenandoah
Farmers & Miners National Bank of Forest City.
First National Bank of Howard
First National Bank of Fairfield
Telford National Bank, Telford
Miliersville National Bank, Millersville

$50,000
25,000
25,000
35,000
400,000
25,000
100,000
50,000
25,000
25,000
25,000
25,000

Total (38 banks)

1,765,000
DELAWARE.

9132

First National Bank of Dagsboro
First National Bank of Felton

$25,000
25,000

Total (2 banks)

50,000
MARYLAND.

9066
9238

First National Bank of Union Bridge.
First National Bank of Monrovia

$25,000
25,000

Total (2 banks).

50,000

Total Eastern States (56 banks)

$2,720,000
VIRGINIA.

8984
9012
9043
9177
9222
9224
9246
9261

Peoples National Bank of Rocky Mount
First National Bank of Wytheville
First National Bank of Highland at Monterey
Clifton Forge National Bank, Clifton Forge...
Peoples National Bank of Farmville
First National Bank of Blackstone
Albemarle National Bank of Charlottesville
Waynesboro National Bank, Waynesboro

$25,000
50,000
25,000
50,000
25,000
60,000
100,000
25,000

Total (8 banks)

360,000

WEST VIRGINIA.

9038
9048
9071

First National Bank of Elm Grove
National Bank of Thurmond
Peoples National Bank of Beckley
First National Bank of Welch
McDowell County National Bank of Welch.
Total (5 banks)

$25,000
50,000
50,000
50,000
100,000

j

275,000

NORTH CAROLINA.
8953
8996
9044
9067
9076
9085
9123
9124
9164
9203

First National Bank of Asheboro
National Bank of Granville at Oxford
National Bank of Kins ton
Commercial National Bank of Raleigh...
Peoples National Bank of Salisbury . . . . .
First National Bank of Kinston
Commercial National Bank of Greensboro
American National Bank of Wilmington.
Union National Bank of Charlotte
First National Bank of Forest City
Total (10 banks)


G22SO—CUB 190S

$25,000
60,000
100,000
100,000
100,000
100,000
200,000
100,000
100,000
25,000
910,000

114

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908—
Continued.
SOUTH CAROLINA,
Charter
No.
9057
9083
9104
9190

Title.

Capital.

I National Bank of Leesville
i First National Bank of Camden
I Citizens National Bank of Anderson..
j Fourth National Bank of Greenville..

$25, OIK)
50, 000
100, 000
100, 000
275, 000

Total (4 banks).

GEORGIA.

8945
8966
8990
9039
9051
9074
9088
9105
9106
9186
9212
9252
9254

First National Bank of Covington...
Third National Bank of Fitzgerald..
Citizens National Bank of Macon
First National Bank of Jefferson
First National Bank of Winder
American National Bank of Cordele.
First National Bank of Millen
American National Bank of Atlanta.
First National Bank of Nashville
Jackson National Bank, Jackson
Commercial National Bank of Macon
First National Bank of Elberton
Colquitt National Bank, C o l q u i t t . . .
Total (13 banks)

1,365,000
FLORIDA.

First National Bank of
9007 i Peoples National Bank
9035 I First National Bank of
9049 j Barnett National Bank

Alachua
of Pe^sacola...
Fort Myers
of Jacksonville

$25,000
100,000
50,000
750,000

Total (4 banks)

925.000
ALABAMA,

8963
9055

First National Bank of Scottsboro
First National Bank of Prattville

i
I

Total (2 banks)

$25,000
50,000
75,000

MISSISSIPPI.

9040
9041
9094
9196
9204
9251

First
First
First
First
First
First

National
National
National
National
National
National

Bank
Bank
Bank
Bank
Bank
Bank

of Pontotoc
of Philadelphia
of Corinth
of O k o l o n a . . . .
of Ripley
of Ackerman..

$50,000
50, 000
100,000
25, 000
25, 000
25, 000

Total (6 banks)

275,000

LOUISIANA.

8959
9237

First National Bank of Bogalusa
First National Bank of De Ridder
Total (2 banks)




|
!
j
!

$25,000
25,000
50,000

115

EEPOBT OF THE COMPTROLLER OF THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908—•

Continued.
TEXAS.

8965
8982
9053
9081
9126
9142
9148
9155
9178
9193
9205
9226
9245

Cresson National Bank, Cresson
First National Bank of Olney
Home National Bank of Stanton
Citizens National Bank of Plainview
First National Bank of Lockney
First National Bank of Pampa
F i r s t N a t i o n a l B a n k of Valley Mills
N a t i o n a l B a n k of C o m m e r c e of E l P a s o
F o a r d C o u n t y N a t i o n a l B a n k of Crowell
Lockney National Bank, Lockney
First National Bank of Kosse
American National Bank of Houston
Union National Bank of Dallas

I

$25,000
25,000
25,000
100,000
25,000
25, COD
30,000
200,000
25,000
25,000
25,000
250,000
200,000

\

Total (13 banks)

!
!
i
I
'

980,000

!

!
!

;

!
[

ARKANSAS.
8952
9022
9037

First National Bank of Huntsyille
First National Bank of Newark
England National Bank of Little Rock

§25,000
25,000
100,000

Total (3 banks)

150, COO

KENTUCKY.
8943 Farmers National Bank of Clay
9098 I First National Bank of Clinton
,
9241 ! National Bank of Commerce of Louisville.

$25,000
50,000
800,000

Total (3 banks).

875,000

TENNESSEE.
9027
9089
9112
9162
9176
9184
9239

First National Bank of Polk County at Copperhill
First National Bank of Woodbury
City National Bank of Martin
First National Bank of Etowah
Citizens National Bank of Chattanooga
National City Bank of Memphis
Third National Bank of Union City

$25,000
25,000
50,000
25,000
300,000
200,000
60,COO
685,000

Total (7 banks).
Total Southern States (80 banks)

7,200,000
OHIO.

9062
9091
9095
9163
9179
9192
9194
9199
9211
9221
9243
9255

First National Bank of Lewisville
First National Bank of West Milton
Farmers National Bank of Manchester
Citizens National Bank of Mount Sterling
First National Bank of Bradford
Park National Bank of Newark
Union National Bank of Fostoria
First National Bank of Ansonia
First National Bank of Rich wood
First National Bank of New Paris
National Bank o,f Hudson
Farmers and Traders National Bank of IIiilsboro
Farmers National Bank of Arcanum
Total (13 banks)




!
1
j
I
i
!

!

$25,000
30,000
40,000
60,000
25,000
100.003
100,000
25,000
25,000
25,000
25,000
50,000
50,000

j

580,000

I
|
j
i

i

116

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31,1908-^

Continued.
INDIANA.

9006
9073
9077
9090
9115
9122
9143
9152
9159
9175
9189
9209
9250

Tennyson National Bank, Tennyson
Harrison National Bank of Rosedale
First National Bank of Fort Branch
Farmers and Merchants National Bank of Fort Branch
Holland National Bank, Holland
First National Bank of Kirklin
North Vernon National Bank, North Vernon
First National Bank of Brownstown
Citizens National Bank of Knightstown
First National Bank of Winslow
First National Bank of Westport
First National Bank of Cayuga
First National Bank of Shirley
First National Bank of Center Point
Total (14 banks)

$25,000
25,000
25,000
25,000
25,000
28,000
50,000
50,000
50,000
25,000
30,000
25,000
25,000
25,000
433,000

ILLINOIS.
8940
9010
9025
9096
9118
9169
9183
9208
9230

Taylorvilie National Bank, Taylorville
Live Stock Exchange National Bank of Chicago
Albion National Bank, Albion
National Farmers Bank of Warren
National Stock Yards National Bank
Macomb National Bank, Macomb
First National Bank of Arenzville
Farmers First National Bank of Minooka
First National Bank of Tampico
Total (9 banks)

$150,000
1,250,000
25,000
25,000
350,000
100,000
100,000
25,000
25,000
2,050,000

MICHIGAN.
9000
9020
9087
9099
9218

First National Bank of Alger County at Munising
First National Bank of Boyne City
Superior National Bank of Hancock
Farmers National Bank of Richland
First National Bank of Rochester
Total (5 banks)

"
.

$60,000
50,000
100,000
25,000
50,000
285,000

WISCONSIN.
9003
9140
9153

Merchants National Bank of Watertown,
United States National Bank of Superior.
Commercial National Bank of Madison...
Total (3 banks)

$120,000
100,000
200,000
420,000

MINNESOTA.
8977
8989
8993
9031
9033
9050
9059
9063
9064
9131
9147
9253
9262

National Bank of Luverno
Worthington National Bank, Worthmgton
National Bank of Wheaton
First National Bank of Mabel
National Bank of Adrian
First National Bank of Milaca
National Bank of Preston
Peoples First National Bank of Olivia
First National Bank of Stephen
First National Bank of Deer River
First National Bank of Biackduck
Farmers National Bank of Waseca
First National Bank of Gilbert
Total (13 banks)




$25,000
25,000
25,000
25,000
25,000
25,000
50,000
25,000
25,000
25,000
25,000
50,000
25,000
375,000

117

EEPOET OF THE COMPTROLLER OF THE CURRENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908—

Continued.
IOWA.
Charter
No.
8950
8970
8971
9014
9015
9017
9018
9024
9069
9116
9125
9168
9231
9233

Capital.

Title.
First National Bank of New Sharon
First National Bank of Hubbard
Commercial National Bank of Shenandoah...
First National Bank of Adel
Fairfieid National Bank, Fairfield
First National Bank of Cambridge
First National Bank of Northboro
First National Bank of Story City
First National Bank of Kanawha
Lucas County National Bank of Chariton
First National Bank of Strawberry Point....
Farmers National Bank of Kingsloy
First National Bank of Diagonal
Commercial National Bank of Cedar Rapids.
Farmers National Bank of Allerton
Hardin County National Bank of Eldora

$50,000
25.000
50.000
50, 000
60.000
25, 000
25; 000
25, 000
25,000
50,000
25,000
25,000
25,000
100,000
25,000
50,000

Total (16 banks).

635,000
MISSOURI.

8979
9029
9042
9137
9172
9236

!

Cunningham National Bank of Joplin
First National Bank of Cassvillo
City National Bank of Green City
German American National Bank of St. Joseph
Shelbina National Bank
"
Security National Bank of Kansas City
Traders National Bank of Kansas City

I
j
i
I
|
!

Total (7 banks).

$200,000
25,000
25,000
200,000
30,000
200,000
200,000
880,000

Total Middle Western States (80 banks)

$5,653,000
NORTH DAKOTA.

8976
8991
8997
9005
9316
9075
9082
9133
9161
9214

First National Bank of Bowman
First National Bank of Hettinger
First National Bank of Steele
First National Bank of Sharon
First National Bank of Glen Ullin
Cavalier County National Bank of Langdon.
First National Bank of Marrnarth
First National Bank of Walhalla
,
| First National Bank of Marion
First National Bank of. Ryder
Total (10 banks).

250,000
SOUTH DAKOTA

8942
9166
9188

$25,000
25,000
25,000

First National Bank of Springfield
Peoples National Bank of Hot Springs.
First National Bank of Letcher
Total (3 banks)

75,000
NEBRASKA.

8949
8975
89SS
8992
8995
9056
9092
9138
9191
9200
9217
9223
9244
9258

Live Stock National Bank of South Omaha
First National Bank of Campbell
First National Bank of Decatur
National Bank of Ainsworth
Bonham National Bank of Fairbury
Aurora National Bank, Aurora
First National Bank of Amherst
City National Bank of Wyniore
Stockmcns National Bank of Rushviile
She!ton National Bank, Shelton
First National Bank of Tilden
First National Bank of Adams
Citizens National Bank of Wayne
First National Bank of Callaway
Total (14 banks)




.

,

$100,000
25,000
25.000
35,000
50,000
75,000
25,000
50,000
35,000
25,000
50,000
25,000
60,000
25,000
605,000

118

EEPORT OF THE COMPTROLLER OF THE CURRENCY,

No. 19.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1903—•

Continued.
KANSAS.
Charter
No.
8974
9097
913G
9157
9160
9197
9225
9232

Title.
First National Bank of Wetmore
First National Bank of Englewood
First National Bank of Highland
Burlingame National Bank, Burlingame
First National Bank of Edmond
First National Bank of Bonner Springs.
First National Bank of Dexter
First National Bank of Hoisington
Total (8 banks)

Capital
$25,000
25,000
25,000
25,000
25,000
25,000
25.000
25^000
200,000

MONTANA.
9004
9103
9105
9215

First
First
First
First

National
National
National
National

Bank
Bank
Bank
Bank

of Sidney...
of Ismay
of Roundup
of Hardin...

$25,000
35,000
25,000
25,000

Total (4 banks)

HO. 000

WYOMING.
8981

First National Bank of Saratoga

$25,000
COLORADO.

8951
8907
9009
9013
9036
9045
9100
9117
9120

Merchants National Bank of Salida
Cortez National Bank, Cortez «
First National Bank of Carbondale
First National Bank of Eagle County at Eagle.
Lamar National Bank, Lamar
First National Bank of Sedgvrick
Montezuma Valley National Bank of Cortez
Rocky Ford National Bank, Rocky Ford
Farmers National Bank of Windsor
Total (9 banks).

$.50,000
25 000
25, 000
25, 000
50,000
25,000
30-000
50, 000
25,000
305.000

a Title changed to 'The First National Bank of Cortez.'
NEW MEXICO

OKLAHOMA.
8944
8994
8999
9008
9011
9023
9032
9046

Farmers and Merchants National Bank of Eldorado.
American National Bank of Atoka
First National Bank of Maysville
Alfalfa County National Bank of Cherokee
Eastman National Bank of Newkirk
Muskogee National Bank, Muscogee
First National Bank of Mulhail
Park National Bank of Sulphur
„
Total (.8 banks).

$25,000
25,000
25,000
25, 000
50, 000
.100,000
25,000
25,000
300,000

Total Western States (58 banks)

$1,895,000
WASHINGTON.

8958
8987
9030
9052
9054
90G8
9070
9079

First National Bank of Kennewick
Connell National Bank, Connell
Citizens National Bank of Vancouver
First National Bank of Medical Lake
First National Bank of O'dessa
First National Bank of Washtucna
Third National Bank of Walla Walla
Northwestern National Bank of Beliingham.
Washington National Bank of Eilensburg




$25,000
25,000
50,000
25,000
25,000
50,000
100,000
100,000
50,000

119

EEPOKT OF THE COMPTKOLLEB OF THE CXTEBENCY.

No. 10.—NATIONAL BANKS CHARTERED DURING THE YEAR ENDED OCTOBER 31, 1908—

Continued.
WASHINGTON—Continued.
Charter
JSio.

9101
9102
9129
9144
9150
9170
9182
9185
9210

Title.

Capital.

National Bank of Cheney
First National Bank of Lind
First National Bank of Quincy..
First National Bank of Wapato
Security National Bank of Cheney..
National Bank of Oakesdale
"...
First National Bank of Brewster...
First National Bank of U i l l y a r d . . .
Garfield National Bank, Garfield..
First National Bank of Harrington.

$25,000
25,000
25,000
25,000
25,000
25,000
25,000
25.000
25', 000
50,000

Total (19 banks).

725,000
OREGON.

8941 First National Bank of Springfield
8955 Roseburg National Bank, Roseburg
9002 Stockgrowers and Farmers National Bank of Wallow a.
9021 United States National Bank of Salem
.
9047 First National Bank of St. Johns
9127 First National Bank of Lebanon
9146 First National Bank of Harrisburg
9180 Lumbermens National Bank of Portland
9201 First National Bank of Milton
9228 American National Bank of Pendleton

$25,000
50,000
50,000
100,000
25,000
50,000
25,000
250,000
50,000
100.000

Total (10 banks).

725,000
CALIFORNIA.

9093 First National Bank of Inglewood
9121 Union National Bank of Pasadena
9141 Seaboard National Bank of San Francisco
9156 United States National Bank of Dinuba
9158 First National Bank of Dinuba
9167 First National Bank of Orosi
9173 National Bank of Visalia
9174 London-Paris National Bank of San Francisco..
9195 First National Bank of Delano
9220 Alameda National Bank, Alameda.
9227 First National Bank of Auburn
9234 First National Bank of Kerman
Total (12 banks)

I 3,325,000
IDAHO.

9134
9145
9263

$50,000
50,000
50,000

Wallace National Bank, Wallace
Haiiey National Bank, Ilailey
Bonner County National Bank of Sandpoint.
Total (3 banks).

150,0C0
UTAH.

9111
9119

First National Bank of Spanish Fork.
First National Bank of Beaver C i t y . . .

$25,000
25,000

Total (2 banks).

50,000
NEVADA.

9078
9242

First National Bank of Goldfield
First National Bank of Carson City

$125,000
50,000

Total (2 banks).
Total Pacific States (48 banks)
Total United States (323 banks)




I

;..

175,000

$5,150,000
22,823,000

120

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 11.—NUMBER OF STATE BANKS CONVERTED INTO NATIONAL BANKING ASSOCIATIONS IN EACH STATE AND TERRITORY FROM 1863 TO OCTOBER 31, 1908.
State or Territory.

Number of
banks.

Alabama
Arizona
Arkansas
California
Colorado
..,
Connecticut
Delaware
District of Columbia..
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi..
Missouri..............
Montana

State or Territory.
$975,000

2
16
32
14
65
6
2
5
16
3
19
16
35
58
28
8
34
34
182
13
49
4

100.000
1,135,000
9,977,800
1,065,000
18,932,770
585,010
230,000
1,225,000
1,467,000
125,000
2,330,000
853,000
1,685,000
2,447,000
5,156,900
2,800,000
4,605,000
9,824,372
65,641,200
1,335,000
2,946,000
240,000
10,384,300

Number of
banks.

Nebraska
New Hampshire..
New Jersey
New Mexico
New York
North Carolina...
North Dakota....
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina...
South Dakota
Tennessee
Texas
Vermont
Virginia
Washington
West Virginia
Wisconsin..
Wyoming

305,000

49
28
44
3
207
16
30
18
46
9
104
52
4
22
22
1
22
18
15
20
20
2

Capital..
$2,345,000
2,595, 000
7,670,450
150,000
91,206,291
1,191, 000
860, 000
1,740, 000
1,300,000
851,000
30,444,095
16,717,550
925,000
650, 000
2,370,000
200,000
2,029,990
1,741,300
700, 000
1,333,900
1,710,000
100,000
315,200,928

Total.

No. 12.—NUMBER OF NATIONAL BANKS IN EACH STATE EXTENDED UNDER ACT OF
JULY 12, 1882, TO OCTOBER 31, 1908.
State or Territory.
Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England |
States
1
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern
States
Virginia
West Virginia..
North Carolina.
South Carolina.




Number of
banks.
i
71
49
47
250 I'
61 j
85 !
563
302
83
303
18
47

761
25
21
14
12

Number of
banks.

State or Territory.

North Dakota..
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico....

Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
TotalSouthern
States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

State or Territory.

,

Total Middle
Western States.

304
188
82
161
68
49
41
115
37

741

Total W e s t e r n
States
Washington..
Oregon
California
Idaho
Utah
Nevada
Arizona

Number of
banks.
16
18
70
76
10
6
26
5
227
17
27

T o t a l Pacific
States

69

Total United
States

2,605

EEPOET OF THE COMPTBOLLEE

OF THE

121

CURRENCY.

No. 13.—NUMBER OF NATIONAL BANKS IN EACH STATE BEEXTENDED UNDER THE
ACT OF JULY 12, 1882, AS AMENDED APRIL 12, 1902, TO OCTOBER 31, 1908.

State or Territory.

Number of
banks.

Maine.
New Hampshire
Vermont
Massachusetts
Khode Island
Connecticut
Total, New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total, Eastern States..

46
30
25
142
24
61
328
173
44
140
11
28
1
397

State or Territory.
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Alabama
Texas
Kentucky
Tennessee
Total, Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota

Number of
banks.

Number of
banks.

State or Territory.

10 Iowa
8 j Missouri
2
3 |! Total, Middle Western
4 1
States.
1 (I

18
5
188
3
2
3

3 ]l NAhmsTrn,

8
6

Kansas
Colorado

Total, Western States.

8

63 Oregon
27 Idaho
39
Total, Pacific States..
11
17
8 1 Total, United S t a t e s . .

1
1
2

45

968

No. 14.—NATIONAL BANKS THE CORPORATE EXISTENCE OF WHICH WILL EXPIRE
DURING THE YEAR ENDING OCTOBER 3 1 , 1909, WITH DATE OF EXPIRATION AND
CAPITAL, THE CHARTERS OF WHICH MAY BE EXTENDED UNDER THE ACT OF JULY

12, 1882.
Title.

State.

3952
3947
3962
3959
3949
3961
3964
3956
3971
3955
3968
3958

Manufacturers National Bank of Rockford
First National Bank of Bessemer
First National Bank of Litchfield
First National Bank of Nevada
,
American National Bank of Leadville
South Bethlehem National Bank, South Bethlehem
Thomaston National Bank, Thomaston
Baker-Boyer National Bank of Walla Walla
First National Bank of Ironwood
First National Bank of Nanticoke
Iowa State National Bank of Sioux City
City National Bank of Kearney.

Ill
Mich
I 111
j Mo
! Colo
I Pa
Conn
I Wash...
! Mich
j Pa
; Iowa
Nebr..

3967
3960
3982
3979
3977
3975
3973
3980
3981
3997
3994
3995
3987
3996
4004
3985
3991
3989
4007
4013
4121
3983
3984
3990
4022
3988
4012
4003
4011
4028
4049
4054

Citizens National Bank of Franklin
First National Bank of Albion
First National Bank of Pipestone
Independence National Bank, Independence
Merchants National Bank of Lawrence
Merchants and Farmers National Bank of Weatherford
First National Bank of Clarksville
First National Bank of Mount Carmel
First National Bank of Florence
Union National Bank of Mahanoy City
Middleborough National Bank, Middleboro
Western Montana National Bank of Missoula
Conestoga National Bank of Lancaster
Haddonfield National Bank, Haddonfield
Farmers and Mechanics National Bank of Fort Worth
National Bank of Commerce of Dallas
Peoples National Bank of Paola
City National Bank of Sulphur Springs
First National Bank of Montrose
Lenox National Bank, Lenox
Citizens National Bank of Kokomo
First National' Bank of Gainesville
Wolfe City National Bank, Wolfe City
National Bank of Coatesville
Iowa National Bank of Davenport
Citizens National Bank of Lebanon
First National Bank of Cartersville
First National Bank of Harrisburg
East Stroudsburg National Bank, East Stroudsburg.
Houston National Bank, Houston
Second National Bank of Hagerstown
Teutonia National Bank of Dayton

Ind.
! Nebr..
Minn
Oreg
Mass
Tex
...do
Pa
Ala
Pa
Mass
Mont
Pa
N. J
Tex
...do....
Kans
Tex
Colo
Mass
Ind
Ga
Tex
Pa
Iowa
y
Ga
Ill
Pa
Tex
Md
Ohio....




Date of
expiration.
1908.
Nov. 20
Nov. 24
..do...,
Nov. 28
Dec. 10
...do...
Dec. 11
Dec. 12
Dec. 14
Dec. 20
Dec. 22
Dec. 26
1909.
Jan.
Jan.
| Jan.
I Jan.
! Jan.
I Jan.
| Jan.
: Jan.
i Jan.
Feb.
Feb. 14
...do
Feb. 16
..do....
Feb. 18
Feb. 20
..do....
Feb. 21
...do....
..do....
Feb. 22
Feb. 26
Feb. 27
Mar. 9
..do....
Mar. 11
Mar. 21
Mar. 23
..do
Mar. 28
..do
Mar. 29

Capital.

$200,000
50,000
75,000
100,000
100,000
50,000
50,000
100,000
50,000
100,000
200,000
50,000
75,000
60,000
50,000
50,000
100,000
100,000
50,000
50,000
100,000
125,000
•50,000
100,000
200,000
50,000
300,000
150,000
50,000
100,000
50,000
50,000
200,000
100,000
100,000
100,000
100,000
100,000
50,000
60>000
50,000
100,000
100,000
200,000

122

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 14.—NATIONAL BANKS THE CORPORATE EXISTENCE OP WHICH WILL
DURING THE YEAR ENDING OCTOBER 31, 1909, ETC.—Continued.

Title.

4008
4046
4020
4021
4008
4014
4027
4037
4016
4040
4017
4029
4023
4071
4019
4039
4034
4030
4095
4041
4044
4035
4045
4051
4058
4056
4072
4055
4050
4061
4111
4085
4057
4090
4066
4067
4070
4073
4076
4092
4077
4083
4078
4079
4096
4098
4101
4086
4100
40S8
4115
4097
4142
4191
4103
4093
4114
4162
4107
4112
4106
4120
4128
4108
4104
4125
4133
4119
4131
4118
4123
4137
4164
4138
4139
4132

4H7

National Deposit Bank of Owensboro
Farmers and Merchants National Bank of Easton
Traders National Bank of Tullahoma
First National Bank of Commerce
Union National Bank of Manhattan
National Bank of Forney
National Exchange Bank of Roanoke
Peoples National Bank of Laconia
First National Bank of Meridian
First National Bank of Burlingame
First National Bank of Beaumont
First National Bank of Wisner
First National Bank of Pocatello
Pulaski National Bank, Pulaski
First National Bank of Murphysboro
First National Bank of Mifflintown
First National Bank of Little Falls
First National Bank of Lockhart
First National Bank of Stephen ville
Colebrook National Bank, Colebrook
Exchange National Bank of Spokane
National Bank of Clebume
First National Bank of Bowling Green
Commercial National Bank of Salt Lake City
First National Bank of Herington
*
Bloomfield National Bank, Bloomfield
Paterson National Bank, Paterson
First National Bank of Shullsburg
Quaker City National Bank of Philadelphia
Farmers National Bank of Adams
Citizens National Bank of Chillicothe
Dorchester National Bank of Cambridge
First National Bank of Lamar
State National Bank of Frankfort
Camden National Bank, Camden
First National Bank of Huntsville
City National Bank of Bryan
First National Bank of Englewood, Chicago
First National Bank of McGregor
First National Bank of Jeannette
First National Bank of Longview
First National Bank of Brunswick
Farmers National Bank of Pawnee City
First National Bank of Carrollton^
National Bank of California at Los Angeles
First National Bank of Scottdale
Marshall National Bank, Marshall
First National Bank of Cameron
First National Bank of Somerset
Davis National Bank of Piedmont
Dawson National Bank, Dawson
First National Bank of Gatesville
Duncannon National Bank, Duncannon
Pocomoke City National Bank, Pocomoke City
Citizens National Bank of Adams
First National Bank of Bastrop
First National Bank of Laporte City
Second National Bank of Elkton
National Capital Bank of Washington
Planters National Bank of Honey Grove
National Bank of Wahpeton
First National Bank of Santa Paula
Portland National Bank, Portland
Mercantile National Bank of Pueblo
Pierre National Bank, Pierre
Union National Bank of Muskegon
First National Bank of Lockland
Atlantic Highlands National Bank, Atlantic Highlands
Austin National Bank, Austin
First National Bank of Orange
First National Bank of Marinette
Stephenson National Bank of Marinette
Citizens National Bank of Marietta
First National Bank of Long Branch
First National Bank of Dunlap
First National Bank of Tallahassee
Peoples National Bank of Keyport




State.

Ky..
Md
Tenn.
Tex.
Kans...
Tex.
Va.
N. II.
Tex.
Kans.
Tex.
Nebr.
Idaho..
Va.
111.
Pa.
Minn.
Tex.
do ..
{ N. H . .
j Wash.
Ohio.
Utah.
Kans..
N. J.
do.
Wis.
Pa.
N. Y.
Mo.
Md..
Mo.
Ky.
Ark.
Ala.
Tex
111.
Tex.
Pa.
Tex.
Mo..
Nebr.
Mo..
Cal.
Pa.
Tex.
do..
Pa.
W. Va .
Ga.
Tex.
Pa.
Md
N. Y . . . .
Tex
Iowa
Md
D. C . . .
Tex
N. Dak.
Cal
Me
Colo
S. Dak..
Mich....
Ohio
N. J
Minn
Tex
Wis
...do....
Ohio...
N. J....
Iowa
Fla
N. J....

Date of
expiration.
1909.
Mar. 30
Apr. 4
Apr. 6
Apr. 8
Apr. 9
Apr. 11
Apr. 13
.do..
Apr. 15
..do
Apr. 16
.do.
Apr. 17
Apr. 18
Apr. 19
.do
Apr. 23
Apr. 25
.do.
May 2
May 4
May 6
...do
...do.
May 13
May 18
May 20
May 23
May 29
...do
.do
June 6
June 18
June 20
June 22
.do
June 25
June 26
June 28
.do.
July 6
July 8
July 13
July 17
July 19
July 20
July 23
July 24
July 29
July 20
Aug. 1
Aug. 3
Aug. 6
..do
Aug. 7
Aug. 9
Aug. 12
.do.
Aug. 14
...do
Aug. 15
Aug. 16
Aug. 20
Aug. 21
Aug. 23
Aug. 26
Aug. 30
Sept. 5
Sept.
Sept.
. .do
.
Sept.
Sept.
Sept.
Sept.
Sept.

9
10
16
23
25
27
30

EXPIRE

Capital.

$325,000
50,000
50,000
50', 000
50,COO
50,000
250,CCO
50,0C0
60,000
50,000
200,000
50,000
50,000
50,000
50,000
50;000
50,000
50,000
75,000
75,000
750,000
75,COO
50,COO
200,000
25,CCO
50,COO
300,000
50,000
500,000
50,000
150,000
50.000

ioo;ooo
150,000
50,000
100,000
50,000
150,000
50,000
50,000
60,000
50,000
50,000
100,000
5(30,000
50,000
100,000
75,000
50,000
50,000
100,000
100,000
65,000
50,000
50,000
50,000
75,000
50,000
200,000
75,000
50,000
75,000

soo, ooo

100,000
50,000
100,000
50,000
50,000
50,000
100,000
100,000
100,000
100,000
50,000
40,000
50.000
50,000

123

EEPOET OF THE COMPTROLLER OF THE CUKBENCY.

No. 14.—NATIONAL BANKS THE CORPORATE EXISTENCE OF WHICH WILL EXPIRE
DURING THE YEAR ENOING OCTOBER 31, 1909, ETC.—Continued.

Title.

4156
4145
4254
4158
4188
4148
4151
4154
4169
4207
4155
4149
4157

Date of
expiration.

State.

First National Bank of Middleburg
Union National Bank of Louisville
Hope well National Bank, Hopewell
Capital National Bank of Indianapolis.
Pittsfleld National Bank, Pittsfield
German National Bank of Beatrice
First National Bank of Hamilton
First National Bank of Lake Charles...
First National Bank of Rock wood
Yardley National Bank, Yardley.
First National Bank of Primghar.
First National Bank of Frpstburg
First National Bank of Independence
Total (134 banks)

1909.
Oct. 3 |
Oct. 4 !
Oct. 5 !
Oct. 15 J
.do....|
Oct.
...do.
.do..
Oct. 24
Oct. 25
Oct. 28
Oct. 30
Oct. 31

Ind...
Me....
Nebr..
Mo....
La....
Tenii.,
Pa....
Iowa..
I Md..
! Mo..
!

Capital.

]

$50,000
500', 000
50,000
500,000
50,000
50,000
50,000
100,000
50,000
100,000
50,000
50,000
103.000

J13,895,000

No.

Charter

No. 15.—NATIONAL BANK THE CORPORATE EXISTENCE OF WHICH WILL EXPIRE
DURING THE YEAR ENDING OCTOBER 3 1 , 1909, WITH DATE OF EXPIRATION, ETC.,
THE CHARTER OF WHICH MAY BE REEXTENDED UNDER THE ACT OF JULY 12, 1882,
AS AMENDED APRIL 12, 1902.

1692

Date of
expiration.

State.

Title.

Capital.

1909. !
Tenn.... Feb. 27 $200,000

First National Bank of Murfreesboro

i

No. 16.—AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY
OF EACH MONTH FROM JANUARY 1, 1878, TO NOVEMBER 1, 1908, UNITED STATES
BONDS ON DEPOSIT TO SECURE CIRCULATION, CIRCULATION SECURED BY THE BONDS
ON DEPOSIT, THE AMOUNT OF LAWFUL MONEY ON DEPOSIT TO REDEEM CIRCULATION, AND NATIONAL-BANK NOTES OUTSTANDING, INCLUDING NOTES OF NATIONAL
GOLD BANKS.
I
Lawful
| U. S. bonds
Total
money on
Num-f
her > ! Authorized j on deposit to Circulation j deposit to re- nationalsecured by
,D a 'n,k, j„ 'capitalstock, secure circu- U. S. bonds, deem circula- bank notes
::
outstanding.
- !
•
j
lation.
I
tion.

Date.

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

$185,557,771 [ $346,187,550 $309,890,415
484,836,371 ' 346,302,050 310,240,005
482,952,071 ,, 346,522,550 310,301,472
482,144,671 I 346,336, 250 310,008,832
481,019,671 ! 347, 711,8,50 310,826,422
i 480,660,571 ! 349,166,450 312,435,462
; 479,627,996 ! 349,546,400 313,020,832
! 477,675,996 j 318,880,900 312,995, 592
! 477,698,296 i 349.049,450 313,154,792
i 476,335, 396 | 349, 560, 650 313,159,592
2,053 I 473,865,396 ; 349,408,900 312,830,797
319, 795, 000 313, 355, 839
473,859,396

I
|
!

2,059




471,609, 396 |
469,995, 856 |
467,778. 606 !!
465,890, 006
461,608, 206 !
463,223, 515 !
462,843, 515 !
462,822, 515 !
462,567, 515
463,11 515 :
462,392, 515 !
461,842, 515 i

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
320,86S, 979
324,054,279
326,684,059

811,782,090
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
10,573,485 !
11,673,960
12,354,531
12,882,417 i
13,516,558
13,203,462
12,376,018
13,545,677 |
13,25S,098
13,408,261
13,127,139
13, 381, 719

$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
323,791,674
324,399,769
326,046,170
377,127,196
329,144,910
329, 539,411
329,691,697
329,958,237
330, 792,987
334,272,240
337,181,418
340,065,778

124

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 16.—AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY
OP EACH MONTH, ETC.—Continued.

Date.

Lawful
Total
Num- Authorized U. S. bonds Circulation
money on
nationalber of capital stock. on deposit to secured by deposit to re- bank notes
secure circu- U. S. bonds. deem circulabanks.
lation.
outstanding.
tion.

1880.
January
February
March
April
May
June
July
August
September
October
November
December
1881.
January
February ..
March
April
May..
June
July
August
September .
October
November .
December..

$461,557,515 $367,021,000 $328,773,639
461, 715,515 364,765,900 326, 785,599
462,407,585 362,728,050 325,032,790
464,177,585 363,656,050 325,425,390
464,507,585 363,003,650 325,519,740
464,915,185 362,715,050 325,301,700
465,205,185 361,652,050 324,242, 730
465,915,185 361,152,050 323,886,720
466,267,285 361,113, 450 323, 903,330
466,245,085 359,935,450 323,056,530
466,590,085 359,748,950 322,798,130
467,639; 085 359,808,550 322, 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
469,382,685
470,322,685
471,282,935
472,565,935
466,307,335
467,907,335

359,823,550
359,811,050
345,739,050
351,480,000
354,683,000
358,829,900
360,488,400
362,684,000
364,285,500
365,751,500
369,608,500
371,336,100

322,832,101
322,654,721
305,587,202
309,034,317
316,226,247
318,497,814
321,148,399
323,478,586
325,824,746
326,513,546
329,180,122
331,729,532

21,523,102
21,895,977
38,447,716
38,538,105
36,374,320
35,653,904
33,894,276
33,846,027
32,675,940
32,237,394
31,164,128
30,438,878

344,355,203
344,550,698
344, 034,918
347,572,422
352,600,567
354,151,718
355,042,675
357,324,613
358, 000,686
358, 750,940
360,344,250
362,168,410

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
487,803,635
487,538,635
489,741,635
. 1 2,301 491,591,635
493,176, 635

371,692,100
371,270,200
370,602,700
369,900,700
366,359,650
364,079,350
361,212,700
362,736,500
361,452,350
362,043,250
362,505,650
362,174,250

332,398,922
331, 682,622
331,230,311
331,242, 702
327,729,622
223,919,522
320,312,832
319,805,161
320,769,739
323,487,353
324,304,343
323,820,480

30,023,066
30, 913,792
30,713,969
30,383,935
33,340, 677
35,955,812
38,429,202
39,017,621
39,745,163
39,401,781
38,423,404
38, 723,848

362,421, 988
362,596,414
361,944,287
361,626, 630
361,070,299
359,875,334
358, 742,034
358,822, 782
360,514,902
362,889,134
362, 727, 747
362,544,328

1883.
January..
February
March . . .
April.
TV*" n -ir
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
321,626,353
320,235,601
319,849,816
319,899,521
319,013,856
319,249,806
319,461,847
318,367,216
316,278,066
316,020,326
314,573,106

40,265,049
40,540,877
41,084,788
39,945,249
39,368,605
39,150, 326
37,565,704
36,310,284
36,222,005
37,064,605
35,993,461
36,385,055

362,651,169
362,167,230
361,320,389
359, 795,065
359,268,126
358,164,182
356,815,510
355, 772,130
354,589, 221
353,342,671
352,013, 787
350, 958,161

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
303,699,075
302,533,855
301,238,845
299,369,370
297,983,165
297,136,455
295,375,959
291,849, 659
287,277,980

39,529,507
41,671,892
40,532,837
41,015,561
40,571,613
39,768,855
40,130,513
39, 913, 971
39,495, 690
40,453,269
41, 710,163
44,235,274

350,482,828
349,499, 893
346,633,302
344, 714, 636
343,105,468
341,007,700
339,499,833
337,897,136
336,632,145
335,829, 228
333, 559,813
331,513,254

1884.
January
February . .
March
April
May
June
July
August
September.
October
November .
December..

2,155

2, 521

2,671




EEPOKX OF THE COMPTROLLER OF THE CURRENCY.
No.

125

16.—AUTHOKIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FlEST DAY
OF EACH MONTH, ETC.—Continued.
U.S. bonds Circulation
Num- Authorized
ber of capital stock. on deposit to secured by
secure circu- U. S. bonds.
banks.
lation.

Date.

1885.
January
February
March
April
May
June
July
August
September
October
November
December

2,727

January . . .
February ..
March
April
May
June
July
August
September.
October
November December..
1887.
January
February
March
April
May
June
July
August
September
October
November
December
January . . .
February . .
March
April
May
June
July...
August
September.
October
November .
December..
1889.
January
February
March
,
April
May
June
July
August
September. „
October
November
December

$529,910,165 $318,655,050 $285,496,055
530,380,165 317,282,600 284,127,895
530,590,165 315,854,500 282,772,315
531,151,165 315,386,850 282,336, 725
531,241,165 315,127,450 282,434,075
530,830,865 313,428,700 280,831,610
531,540,465 312,145,200 279,528,175
532,328,465 310,225,150 277,826,775
532,749,965 309,768,050 277,371,525
532,034,965 300,074,550 277,149,661
532,877,965 308,364,550 276,304,189
533,447,965 307,544,250 275,821,779

Lawful
Total
money on
nationaldeposit to
bank notes
redeem cir- outstanding.
culation.

$43,662, 568 $329,158,623
42,784,663
326,912,558
41,888,596
324,660,911
39,881,941
322,218, 666
38,468,630
320, 902,705
38,032,217
318,863,827
39,541,757
319,069, 932
39, 503, 567 317,330,342
39, 613,802
316, 985,327
40,274, 772
317,424,433
39,542,979
315,847,168
41, 704, 029 317,525,808

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

,
,
,

3,151

3,319




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
68,828,505
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

555,865,165
557,684,165
559,986,665
561,321,665
564,346,665
571,583,665
574,703,665
578,826,215
681,046,215
582,683,715
583,188,715
584,203, 715

,
,

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

229,438,
223,926,
213,639,
206.938,
202,446,
200.939,
191,966,
189,445,
190,096,
189,917,
188,828,
187,147,

205,316,106
200,268, 346
191,004,726
185,009,551
181,026,016
179,309,020
171,629,341
169,303,430
169,951, 385
169,931,680
169,215,067
167,863,819

91,455,875
92,806,395
98,039,485
102,114,704
103, 979,299
103,051,871
107, 588,447
107,150,847
104, 313,124
102,962,170
102,826,136
102,019,176

296,771,981
293,074,741
289,044,211
287,124,255
285,005,315
282,360,891
279,217,788
276,454,277
274,264,509
272,893,850
272,041,203
269,882,995

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
182, 764,950
182,161, 700
181,863, 700
182,033, 450
180,005, 150
178,312,650
177,438,800
176,508, 850
173,280,250
170,003, 350
166,796,650

165,205,724
163,833,205
163,235,505
162,743,135
162,891,912
161,134,338
159, 642, 657
158,874,203
158,133,712
155,365,068
152,366, 328
149,487,373

103,193,154
102, 024, 952
99,492, 361
97,427,882
95,692,133
94,675,310
92, 719, 664
90,758,447
88,294,850
88,236,639
87,018,909
86,955,794

268,398,878
265,858,157
262,727,866
260,171,017
258,584,045
255,809,648
252,362,321
249,632,650
246, 428,562
243,601, 707
239,385,237
236,443,167

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
160,463, 950
157,485,700
154,590,150
151,522,350
149,829,850
148,121,450
147,758,450
148,150, 700
147,037,200
145,668,150
144,709,250

146,372,588
143,580,313
140,874,515
138,190, 798
135,375,463
133,769,313
132,244,437
131,890,777
132,101,128
131,225,172
130,207,285
129,388,116

87,287,439
85,688,716
83,520,212
83,032,333
83,320,725
81,753,704
79,134,526
76,273,662
73,701,013
72, 437, 560
71,816,130
70,258,081

233,660,027
229,269,029
224,394, 727
221,226,131
218,696,188
215,523,017
211,378,963
208,164,439
205,802,141
203,662,732
202,023,415
199,646,197

i
!
|
i

126

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 16.—AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY
OF EACH MONTH, ETC.—Continued.

Date.

1890.
January
February
March
April
May
June
July
August
September
October
November
December

Lawful
U.
Total
Num- Authorized ! on S. bonds Circulation money on
nationaldeposit to secured by
1
deposit to bank notes
ber of :apital stock. secure circuU. S. bonds. redeem cir- outstanding.
banks.
lation.
culation.

$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

125,660, 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

j 157,205,950
158,515,050
159,513,800
I 160,447,300
I 161,352,550
I 162,549,050
163,190,050
163,500,550
164,012,050
164,498,550
164,883,000
166,511,500

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
148,010,239

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, 595,167
25,191,083
25,604,632

173,078,585
173,205,496
172,621,375
172,529,451
172,476,575
172,499,349
172,683,850
172,527,713
172,656,429
172,786,760
172,432,146
173,611,871

$623,791, 365 $142,849,900 $127,742,
630,003, 865 142,266,750 126,747,
632,757,865 143,197,000 127,410,
637,372,865 143, 900, 750 128, 046,
638,932,865 144,216,150 128,920,
644,587,865 144,658,650 128,976,
646,937,865 145,228,300 129,767,
145,434, 750 129,854,
651,367,865
652,852,865 143,102,350 127, 825,
140,428, 600 125,430,
655,002,865
3,567 659,782,865 140,190, 900 124,958,
3,585 662,947,865 140,427,400 125,253,

1891.

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

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

3,597
3,608
3,614
3, 624
3,638
3,650
3, 662
3,670
3, 678
3, 693
3,694
3,699

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

3,793

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
695,308, 665

3,803
3,805
3,814
3,832
3,841
3,856
3,846
3,829
3,805
3,800
3,798
3,794

695.148, 665
696,089,665
696.149, 665
695,949,665
695,554, 665
698,454,665
698,824,665
699,034,665
697,963,165
698,128,165
695,953,165
695,703,165

168,247,000
169,282,300
171,094,550
172,229,050
173,258,800
174,539,050
176,588,250
182,617,850
204,096,200
209,407,100
209,416,350
208,942,100

150,526,651
151,197,221
152,887,461
153,860,416
155,142,318
156,028,010
151,900,919
163,221,294
178,636,718
187,864,985
188,016,228
187,697,826

23,877,773
23,194,032
22,534,927
22,234,128
21,723,296
21,136,245
20,812,773
20,533,854
20,343, 650
20,825,595
21,295,765
21,250,279

174,404,424
174,391,253
175,422,388
176,094,544
176,865,614
177,164,255
178,713,692
183,755,148
198,980,368
208,690,580
209,311,993
208,948,105

3,791
3,788
3,780
3,784
3,779
3,776
3,775
3,775
3,765
3,761
3,756
3,751

693,353,165
691,893,165
684,690,165
682,538,165
680,438,165
678,998,165
678,023,165
677,258,165
676,568,165
674,866,365
672,671,365
671,471,365

205,961,600
203,594,500
202,052,350
202,933,850
201,330,250
201,251,500
201,691,750
202,268,500
202,276,950
200,953,700
199,706,200
197,349,700

185,194,522
182,887,853
181,148,710
181,666,268
180,601,247
180,613,585
180,662,521
181,149,511
181,300,217
180,251,065
179,401,364
177,073. 359

23,344,322
24,974,254
26,330,810
26,209,427
27,231,785
26,631,434
26,690, 723
26,389,555
26,211,998
27,220,463
28,071,239
29, 612,978

208,538,844
207,862,107
207,479,520
207,875,695
207,833,032
207,245,019
207,353,244
207,539,066
207,592,215
207,471,501
207,472,603
206,686,337

1893.

January
February ..
March
April
May
June
July
August
September.
October
November .
December..
1894.

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




REPORT OF THE COMPTROLLER OF THE CURRENCY.

127

No. 16.—AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIKST D A Y
OF EACH MONTH, ETC.—Continued.
I U. S. bonds j
NumCirculation
ber of Authorized ! on deposit to j
banks. capital stock.;I secure circu- jj
lation.

Date.

1895.
January
February
March
April
May
June
July
August
September
October
November
December

3,748 $670,906, 365
669,156,365 I
3,739
668,146,365 |
3,733
667,193,265 j
3,728
665,893,265 I
3,719
665,123,265 I
3,717
666,363,265 !
3,722
3,723 664,659,265
664,855,265 I
3, 718
664,425,265 i
3,717
664,136,915 !
j 3,715
664,091,915 :
' 3,712

1896.
January
February
March
April
May
June
July
August
September
October
November
December

!
|
|
!
I
I
I
j
!
j
!
|
j

3,711
3,708
3,704
3,699
3,699
3,701
3,698
3,693
3,689
3,683
3,679
3,673

064,076,915
663,851,915
661,946,915
661,431,915
660,496,915
659,951,915
659,106,915
658,376,915
658,126,915
658,126,915
658,304,915
657,909,915

i 212,495,100
j 212,655,300
j 217,944, 950
j 222,998,800
! 226,478,550
! 228,651,800
i 228,915,950
229,544, 450
j 235,078,700
I 238,773,200
I 241,103,350
: 241,272,150

1897.
January
February
March
April
May
June
July
August
September
October
November
December

j
I
!
j
I
I
!
!
I
!
i
j
j

3,668
3,654
3,648
3,635
3,627
3,621
3,619
3,617
3,614
3,615
3, 617
3,615

655,334, 915
654,174, 915
653, 719,895
650,808, 395
648,613, 395
646,7 395
643,474, 517
641,229, 395
639,488, 295
638,903, 295
638,015, 295
636,310, 295

;
i
!
;
:
!
i
i
j
!

1898.
January
February
March ,
April
May
June
July
August
September
October
November
December

3,611
3,602
3,596
3,594
3, 590
3,588
3,590
3,589
3,589
3, 592
3, 598
3,594

639,440,295
637,535,295
638,385,295
635,060,295
631,-635,295
631,035,295
630,025, 295
629, 315,295
629,151,295
625,356,295
624,552,195
625,967,195

218,992,950 : 196,146,092
215,487,650 i 192, 724,299
213,414,650 i 191,056,817
214,365,400 i 191,611, 599
217,162,650 I 194,138,732
219,377,900 I 196,155,935
220,201,400 I 197,078,092
218,525,650 ! 195,692,685
220,496,160 ! 196,775,703
229,980,620 j 205,056,063
235,618,470 i 210,045,456
239,349,130 j 213,928,643

1899.
January
February
March
April.
May
June
July
August
September
October
November
December

3,590
3,585
3,589
3,583
3, 586
3,585
3,589
3,594
3,597
3,596
3,601
3,604

622,482,195
613,076, 895
612.831,895
610;313, 895
609,053,895
610,028,895
607,871,245
609,292,245
608,033,045
607,418, 045
608,528,045
608,368,045

236,479,
236,075,
234,433.
232,16"'
230,600;
229,688,
230,464,
230,663,
231,515,
232,463,
234,221,




196,707, 700 $176,667,467
195,826,100 175,674,250
197,116,200 176,485,063
201,176,700
179,847,383
201,356,800
182,534,324
206,652,300
184,969,578
207,680,800
186,062,098
207,832,800
186,577,433
209,447,550
187,990,343
210,196,550
188,605,877
211,717,800
190,180,961
212,048,950
190,469,526

Lawful
Total
money on
nationaldeposit to
bank notes
redeem cir- outstanding.
culation.

239, 943, 050
840
690
890
910

i
!
I
i
S

310
110
110
610
510
160
460

I
j
j
!
!

$206,605,710
205,297,571
205,043,651
207, 541, 211
209,719, 850
211,478,716
211,691,035
211,372,045
212,339,200
212,860. 934
213,887,630
213,960, 598

190,741,850
190,989, 687
195,048,954
199, 723,005
203,403,239
205,215,839
205,538,929
206,103, 504
210, 293,574
214,667, 694
216,510,014
216,609,684

240,236, 150 i
237,190, 100 |
234,797, 800 !
233,693, 350 I
232, 606,300 !
!
230,928, 500 i
230,471, 550 !
230,111, 300 !
229, 471,100 ] j
229,348, 550
227, 742,550 :
225,359, 400 |

$29,938,243
29,623,321
28,558,588
27, 693, 828
27,185, 526
26,509,138
25, 628, 937
24,794,612
24,348, 857
24,255,057
23,706,669
23,491,072

23,100,813
22,506,910
22,132,963
21,593,022
20,786,098
20, 072, 096
20,461,618
19, 926, 538
19,320,322
18, 971, 663
18,474,430
18,789,206

213,842,663
213,496,547
217,181,917
221,316,027
224,189,337
225,287,935
226,000,547
226,030,042
229,613,896
233,639, 357
234,984,444
235,398,890

215,860,307
213,186,712
210,915,414
209,767,702
208,768,549
207,139, 382
206,690,339
206,498,957
205,755, 976
205,604, 781
203,925,680
201,735, 572

19,812,810
21,907,950
23,320,912
24,027,439
24,119,434
24,736,459
24,751,347
24,345,299
21,837,697
25,205,779
26,205,325
27, 898. 644

235,673,117
235,094,662
234,236,326
233,795,141
232,887,983
231,875,841
231,441,686
230,844,256
230,-593,678
230,810,560
230,131,005
229,634,216

32,868,518 i
33,804,916:
|
33,774,254
32,870,279 i
31,975,018 |
31,540,434 !
30,822,084 j
31,087,379 i
30,485,946 !
30,383,921 i
29,583,680 '
28,856,160 ;

229,014,640
226,529,215
224,831,071
224,481,878
226,113,750
227,696/369
227,900,176
226,780,064
227,261,649
235,439,984
239,629,136
242,784, 803

29,801,782
32,282,926
31,830,065
33, 208, 903
34,830,421
35,840, 834
36,086,776
35,855, 748
35, 980, 547
36,058,050
35,145,850
34,680,165

243,817,869
243,324,226
242,985,082
243,134,892
242, 796, 708
242,146, 789
241,350,871
241,-623,553
242,153,897
243,372,222
243,066,624
243,842,067

214,016,087
211,041,300
211,155,017
209, 925,989
207, 966,287
206,305,955
205,264,095
205,767, 805
206,173, 350
207,314,172
207,920,774
209,161, 902

128

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 16.—AUTHORIZED CAPITAL STOCK OF THE NATIONAL BANKS ON THE FIRST DAY
OF EACH MONTH, ETC.—Continued.

.Date.

Lawful
Total
Num- Authorized U.S.bonds Circulation
money on
nationalber of capital stock. on deposit to secured by
deposit to bank notes
secure circu- IT. S. bonds. redeem cirbanks.
lation.
culation. outstanding.

1900.

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

3,G06
3,606
3,612
3,616
3, 659
3,722
3,816
3,858
3, 898
3,914
3,935
3,955

$608,558,045 1234,484,570 $209,759,984
607,683,045 235,830,170 210,166,789
615, 908,095 240,172, 270 213,610,029
614,443,095 254,501,480 233,284,229
621,513,095 268,405,240 246,067,162
623, 273,095 276,829,990 263,062,117
627,503,095 284,387,040 274,115,552
631,108,095 294,948,930 286,447,434
634,398,095 295,790, 380 290,641,358
632,494, 895 296,672,630 294, 222,979
632,502, 395 301,123, 580 298,829,064
633,394,395 303, 280, 730 299,816, 630

$36,517,238
36,901,953
35,906,198
37,750,108
39,292,204
37,507,641
35,524,891
33,648,456
33,662,967
34,193,448
32,864,348
32,475,670

1246, 277,222
247, 068, 742
249, 516,227
271, 034,337
285, 359,366
300, 569,758
309, 640,443
320, 095,890
324, 304,325
328, 416,427
331, 693,412
332, 292,300

1901.

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

3,981
4,015
4,046
4,072
4,098
4,145
4,178
4,217
4,238
4,254
4,279
4,309

635,309,395
636,734,395
638,381,695
639,961,695
643,006,695
644,751,695
647,666,695
659,556,695
660,206,695
661,851,695
663,224,195
667,834,195

312,832,830
318,422,980
321,374,830
323,176,980
323,988,880
325, 928,280
326,219,230
329,348,430
330,279,930
330,721,930
329,833,930
328,107,480

308,294,673
315,721,579
319,217,048
320,840,456
321,975,989
323,538,216
323,890,683
327,039,374
328,406,351
328,845,066
328,198,613
326,212,186

31,846,501
31,100, 292
29,438,207
29, 260,949
28,788,268
28,044,373
29,851,503
29,113,529
29,012,804
29, 985,481
31, 713,070
33, 508, 525

340,141,174
346,821,871
348, 655,255
350,101,405
350,764, 257
351,582,589
353,742,186
356,152,903
357,419,155
358,830,547
359,911,683
359,720,711

4.337
4,370
4,385
4,422
4,466
4,510
4,546
4,577
4,616
4,651
4,678
4,708

670,
671,
673.
672,
675,
675,
684,
708,
707,
711,
713,
719.

326,280,280
324,031,280
322,575,030
319,526,330
317, 484,130
316.196,180
317,163,530
318,588,480
322,941,680
326,052,770
338,352,670
343,018,020

325,009,306
322,278,391
320,074,924
317,460,382
315,113,392
313,610,337
314,238,812
316,614,766
319,407,587
323.843^143
335,783; 189
341,100,412

35,280,420
37,166,224
38,359,943
40,016,025
41,874,007
43,136,847
42,433,279
42,369,417
41,875,104
43,150,455
44,693,145
43,754,102

360,289,726
359,414,615
358,434,867
357,476,407
356,987,399
356,747,184
356,672,091
358,984,1 S3
361,282,691
366,993,598
380,476,334
384,854,514

4,756
4,784
4,815
4,869
4,914
4,953
5,005
5,044
5.070
5,096
5,147
5,159

723,416 695
726,271, 695 j
736,001,695
739,178, 695 !
743,106. 695 |
748.531,695 i
754,776, 695
758.137.095 ;
759,277 095
761,417 095
766,367 ,095 I
706,332. 095 I

344,252; 120
342,903,520
342,164,670
342,160,770
352,721,120
367,827,920
375,347,270
180.173,030
381,486,430
381,484,830
382,726,830
384,625,930

342,127,844
340,587.939
338,660, 361
338,349,814
347,564,354
363,586,987
372,295,409
377,606,826
380,076,321
379,515,823
380,650,821
383,018, 484

42,801,940
43,385,607
44,138,484
44,169,444
43,587,373
42,856,218
41.375,241
39;739,661
38,511,653
40,910,711
38,959,862
38,088,495

384.929,784
383,973,546
382,798,845
382,519,258
391,151,727
406,443,205
413,670,650
417,346,487
418,587,974
420,426,534
419,610,683
421,106,979

380,335,680
390,231,600
392,671,550
398,034, 650
399,795,140
410,572,640
416,016,690
417,958,690
419,683,940
424,701,490
426,544,790
431,075,840

387,273,623
387,657,731
390,352,491
395,600,234
397,802,781
407,279,033
412,759,448
415,025,156
417 380,301
422,014,716
424,530,581
427,947,505

37,889,395
39.199,896
39,971,819
39,309,708
39,277,792
38,709,531
36,475,646
35,181,732
35,136,472
34,064,692
32,750,919
32,731,570

425,16.1,018
426,857,627
430,324,310
434,909,942
437,080,573
445,988,564
449,235,094
450,206,888
452,516, 773
456,079,408
457,281,500
460,679,075

1902.

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

164,195
910,195
279,195
759,195
279,195
721,695
061,695
701,695
774,695
167,695
435,695
300,695

1903.

January
February.....
March
April
May
June
July
August
September
October
November
December
1904.

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

767,567,095
769,005,815
768,750,815
770,975,815
774,449,315
775,838,335
776,904,335
775,679,335
777,061,335
5,457 I 777,741,335
5,495 | 781,126,335
5,519 J 784,821,335

5,184
5,215
5,240
5,273
5,313
5,350
5,386
5,399
5,431 I




KEPOBT OF THE COMPTKOLLER OF THE CTTKRENCY.

129

No. 16.—AUTHORIZED CAPITAL STOCK OP THE NATIONAL BANKS ON THE FIRST DAY
OF EACH MONTH, ETC.-—Continued.

Date.

| U. S. bonds i Circulation
NumAuthorized
ber of capital stock. jon deposit to secured by
I secure circubanks.
I U . S . bonds.
i
lation.

Lawful
Total
money on
nationaldeposit to
bank notes
redeem ciroutstanding.
culation.

1905.
5,554
5,581
5,605
5,644
5,670
5,713
5,750
5,772
5,807
5,831
5,858
5,868

$785,411,335
791,559,335
791,674,335
791,849,335
798,987,315
801,615,315
801,330,315
807,622,875
808,561,075
810,654,075
812,026,075
815,526,075

$433,928,140
439,529,040
441,788,140
449,009,890
452,855,790
461,150,290
468,066,940
476,938,290
482,198,090
484,810,890
493,912,790
500,269,440

$431. 841,786
435! 807,901
438! 370,083
444. 870,178
449i 147,766
456! 239,096
462i 669,414
471, 615,771
478, 786,166
481, 633,526
490, 037,806
497, 616,304

$32,952,370
31,614,952
30,833,757
31,078,766
32,097,179
32,088,420
33,050,392
32,355,624
33,434,201
34,718,714
34; 470,443
35,712,954

$464,794.156
467,422,853
469,203,840
475,948,944
481,244,945
488,327,516
495,719,800
503,971,395
512,220,367
516,352,240
524,508,249
533,329,258

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

5,898
5.935
5,968
5,999
6,032
6,069
6,107
6,132
6,162
6,189
6,225
6,249

818,482,075
822,022,075
824,640,275
826,055,275
827,925,275
830,163,775
833,073,775
836,729,775
839,804,775
841,864,775
845,939,775
853,774,775

506,689,990
509,901,690
511,846,440
514,362,990
516,387,440
519,265,530
520,605,210
520,388,610
526,944,030
530,772,270
539,653,180
549,750,830

504,842,313
506,366,649
509.173,566
512,221,552
514, 423,519
516,036,147
517,847,749
516,573,399
524,439,161
527,768,924
536,933,169
546,981,447

36,072,034
36,863,431
41,630,329
42,445,415
42,222,762
43,093,513
43,264,611
44,907,646
45, 413,142
46,134,184
46,238,816
46,399,102

540,914,347
543,230,080
550,803,895
554,666,967
556,646,281
559,129,660
561,112,360
561,481,045
569,852,303
573,903,108
583,171,985
593,380,549

1907.
January
February
March
April
May
June
July
August
September
October
November
December

6,283
6,315
6,345
6,383
6,422
6,472
6,521
6,550
6,582
6,620
6,650
6,655

862,016,775
867,776,275
877,099,275
880,349,275
887,684,275
892.970,275
898; 156,275
902,405,775
904, 494,775
906,704,775
909,274, 775
910,609,775

551,263,840
553,253,550
552,955,950
550.137,900
553,199,050
556,937,300
558,442,910
558,582,550
559,319,710
559,624,760
567,011,910
618,394,560

549,051,084
549,698,574
549,737,373
547,633,063
550,204.772
553,614,574
555,570,881
555,023,290 \
556,945,917 |
556,101,330 i
562,727,615 I
610,156,508

47,111,385
46,498,995
46,605,649
49,578,999
49,709,068
48,325,975
48,217,809
48,372,596
47,110,404
47,885, 784
47,252.851
46,061,688

596,162,469
596,197,569
596,343,022
597,212,062
599,913,840
601,940,549
603,788.690
603,395,886
604,056,321
603,987,114
609,980,466
656,218,198

1908.
January
February..
March
April
May
June
July
August
September.
October
November.

6,675
6,699
6,733
6,764
6,787
6,810
6,827
6,855
6,870
6,874
6,873

912,369,775
916,617,775
917,569,775
921,364, 775
923,577,775
925,697,775
930,542,775
933,085,275
934,735,275
933,255,275
930,365,275

646,676,800
646,828,820
636,426,660
632,422,570
628,839, 430
629,031,160
628,147,130
629,432,420
631,607,490
632,871,890
632,624,850

643,459,898
641,919,665
632,458,712
628,834,335
625, 425,375
624,714,147
623,250,517
625,360,982
625,986,993
626,972,885
626,779, 350

46,670,997
53, 483,097
63,215,807
67,573,020
72,220,323
73,735,370
75,083,400
66,728,009
59,339,115
48,639,442
39,065,637

690,130,895
695,402,762
695,674,519
696,407, 355
697,645,698
698, 449,517
698,333,917
692,088,991
685,326,108
675,612, 327
665,844,987

January
February..
March
April
May
June
July
August
September.
October
November.
December..
1906.

62280—CUR 1908




No.

17.—NATIONAL-BANK NOTES OUTSTANDING, LAWFUL MONEY ON DEPOSIT WITH THE TREASURER OF THE UNITED STATES TO REDEEM
NATIONAL;J3ANK NOTES, WITH THE CHANGES DURING THE PRECEDING YEAR AND THE PRECEDING MONTH, AND THE KINDS AND AMOUNTS
OF UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATION AND PUBLIC DEPOSITS ON OCTOBER 31, 1908.
i Circulation based on U. S.
'
bonds.

National-bank notes, lawful money.

Circulation secured by
lawful money.

Total circulation.

Oct. 31,1907. Sept. 30,1908. \ Oct. 31, 1907. j Sept. 30,1908.! Oct. 31, 1907. I Sept. 30,1908.
Total amount outstanding at the dates named at top of column
Additional circulation issued during the intervals
To new banks
To banks increasing circulation
Lawful money deposited since dates named at top of column
By insolvent banks
By liquidating banks
By banks retiring ciruclation under section 6 of the act of July 12, 1882
By reducing banks
\

I $562,727,614
!
'
9,995,080
i 131,278,084
\

Aggregate issues and deposits to October 31, 1908.

704,000,778

Circulation retired during the intervals by withdrawal of bonds by active banks and redemption of notes of inactive banks
Aggregate notes retired since dates named at top of column by insolvent, liquidating, and
reducing banks and by banks retiring circulation under section 6, act of July 12, 1882
\

United States registered bonds on deposit.

1,167,010
2.098,375

,

1,039,033
7,149,662
26,986,988
36,662,181

198,698 :..
428,250 L.
1,059,872 ••..
1,621,005 ..

630,238.270 ! 119,090,716

51,947,267

71,837,864 j

3,307.825

823,091,494 j

682,185,537

!

3,460,715 |

80,025,079 j

12,881,630

157,247,302

626,778,555 |

39,065,637

39,065,637

665,844,192 |

W
O

665,844,192

H
W

j

64,050,941

To secure j To secure
circulating I
public
notes.
deposits.

8,187,215

9,573,805 <

55.863,726

9,768,135

Total on deposit October 31, 1908




$38,558,680
14,960,450
10,468,520
554,700,700
13,936,500

o

National-bank notes of each denomination outstanding.
O

1

Panama Canal
Four per cents, loan of 1925
Three per cents, loan of 1908-1918
Two per cents, consols 1930
Certificates of indebtedness, 3 per cents.
District of Columbia 3.65's—1924
State, city, and railroad bonds
Hawaiian Islands bonds
Philippine loan
Porto Rico

o

16,341,345

j
77,222,223

194,330

o

$48,639,442 ! $609,980,466 i $675,612,327
;
i 14i;273,164 |
3,265,385

' 626,778,555

Circulation outstanding October 31, 1908
Increase in circulation since dates named at top of column
Decrease in circulation since dates named at top of column

$47,252,852

1626,972,885

$14,811
7,265
9,401
47,066:
2,441,
46,787,
1,833,
8,461,
736,

632,624,850 I 138,803,810

One dollar
Two dollars
Five dollars
Ten dollars
Twenty dollars
Fifty dollars
One hundred dollars..
Five hundred dollars.
One thousand dollars.
Fractional parts
Total

$343,845
164, 470
131,177, 845
281,857,200
195,266, 240
17,538, 750
39,335, 700
92, 000
24, 000
44, 142
j

665,844,192

cj
w
O

EEPOET OF THE COMPTROLLER OF THE CUBBENCY.

131

No. 18.—YEARLY INCREASE OR DECREASE IN NATIONAL-BANK CIRCULATION FROM
JANUARY 14, 1875, TO OCTOBER 31, 1906, AND QUARTERLY INCREASE OR DECREASE
FOR THE YEAR ENDED OCTOBER 31, 1908.

Date.
F r o m J a n u a r y 14 to J a n u a r y 31. 1875
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
. .
.
1886
1887
1888
1889
1890 .
1891
1892
1893
.
1894
1895
1896
.
1897
1898
1899
1900
1901
1902 . .
1903
1904
1905
1906
1907

Issued.

.

17,594,900
3,912,434
85,108,325
107,148,673
20, 752,676
39, 702,509
37,601,393
68,021,224
59,029,521
28,323,519

i 1,074,267,402

715,155,457

580,602,476

92,275,449
15,565,908
19,082,280
14,349,527

5,606,577
12,771,354
23,619,411
38,027,736

86,668,872
2,794,554

1,215,540,566

795,180,535

670,065,902

249, 705,871

1,215,540,566

817,744,447

670,065,902

272., 269,783

..

....
. . .

1

Total

November 1, 1906, to January 31, 1908
April 30, 1908
July 31, 1908 .
October 31, 1908
Total

!

Surrendered to this office and retired from
January 14, 1875, to October 31, 1908
Grand total




Decreased.

$255,600
18,167,436
28,413,265
16,208,201
9,031,558
6,967,199
6,880,458
15,697,878
20,694,838
24,920,477
30,990,730
26,206,200
32,871,849
42,933,463
52,430,030
40,340,254
28,382,190
21,235,457
11,624,877
8,095,313
13,008,267
12,526,159
9,843,648
14,613,787
17,087,925
15,198,118
16,537,068
15,951,527
21,868,006
28,474,958
31,930,783
22,732,060
25,055,739
27,980,139

i
1

..

Increased.

$537,580
12,953,695
7, 777,710
19,842,985
12,663,160
27,126,235
8.347.190
34,370,050
21.427.900
12,669,620
8,888,944
17,628,924
8,979,959
16,064,424
15,924,157
5,768,180
9,534,400
18,934,355
12,867,044
41,584,000
10,890,492
20,752,231
31,714,656
7,008,014
34,682,825
19,110,552
101,645,393
123.100.200
42.620.682
68,177,467
69.532.176
90.753.284
84,085,260
56,303,658

..

.

Retired.

$281,980
15,213,741
20,635,555
3,634,784
3,631,602
20,159', 036
1,466,732
18,672,172
733,062
i2,250,857
22,101,786
8,577,276
23,891,890
26,869,039
36,505,873
34,572,074
18,847, 790
2,301,102
1,242,167
33,488,687
2,117, 775
8,226,072
21,871,008
7,605, 773

221,490,531

4,537,131
23,678,209

22,563; 912

22 563,912

No. 19.—NATIONAL-BANK NOTES ISSUED, REDEEMED, AND OUTSTANDING, BY DENOMINATIONS AND AMOUNTS, ON OCTOBER 31 IN EACH
YEAR FROM 1864 TO 1908, INCLUSIVE.

Year.
1864...
1865...
1866...
1867...
1868...
1869...
1870...
1871...
1872...
1873...
1874...
1875...
1876...
1877...
1878...

Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued

Twos.

$2,020,367

$1,346,778

020,167
699,182
7,680
691,502
396,179
58,606
337,573
,
947,798
272,997
674,801
663,584
973, 427
690,157
10, 843,693
2, 752,688
8, 091,005
12, 673,867
, 5 , 471,799
! 7, 202,068
j 14, 297,300
919,388
Redeemed.
377,972
Outstanding.
526,189
Issued
891,606
Redeemed
Outstanding.
5', 634,583
16, 550,259
Issued
Redeemed
11; 143,606
406,653
Outstanding.
5, 048,176
Issued
18, 092,126
Redeemed
14, 956,050
Outstanding.
3, 851,204
Issued.
18, 556,708
Redeemed
j 15, 294,556
Outstanding.
20, 618,024
Issued...
16, 815,568
Redeemed
3, 802,456
Outstanding.
I s s u e d : . . : . . . . . . . . . .j 22. 480.415
194-190
Redeemed
j 18, 286,219
Outstanding
j 4,

1,346,778
5,156,012
11,700
5,144,312
5,622,722
42,356
5,580,366
5,990,468
156,016
5,834,452
6,468,392
497,538
5,970,854
7,256,558
1,437,318
5,819,240
8,482,434
3,114,890
5,367,544
9,505,256
4,816,778
4,748,478
10,390,222
6,241,446
4,148,776
11,078,226
7,110,038
3,968,188
12,079,504
9,233,246
2,846,258
12,614,896
10,249,092
2,365,804
13,793,936
11,111,052
2,682,884
15,035,530
12,053,384
2,992,146




Fives.

Tens.

Twenties.

Fifties.

One
hundreds.

Five
hundreds.

$26,924,100

Ones.

$19,708,260

$6,536,920

$2,491,300

$2,903,400

$250,000

26,924,100
84,796,000
104,820
84,691,180
111,115,620
153,175
110,962,445
113,535,300
753.855
112,781,445
115,738,140
2,515,095
113,223,045
118,674,740
5,146,030
113,528,710
124,376,620
9,035,250
115,341,370
142,195,820
17,014,975
125,180,845
159,666,740
29,803,335
129,863,405
174,472,280
45,709,815
128,762,465
196,215,680
65,208,025
131,007,655
235,275,920
124,633,860
110,642,060
258,917,640
161,910,280
97,007,360
284,084,240
190,579,340
93,504,900
305,956,440
213,417,165
92,539,275

19,708,260
6,536,920
53,493,210
28,209,500
195,800
26,580
53,297,410
28,182,920
75,807,000
42,278,700
225,390
42,060
75,581,610
42,230,640
77,899,270
43,015,720
510,620
198,080
43,417,640
77,388,650
44,430,700
79,227.620
'759,700
l,300;500
43,670,940
77,927,120
45,490,040
81,107,820
1,490,400
2,847,390
43,993,640
78,260,430
48,208,980
85,118,950
5,060,560 J 2,701,900
80,058,390 I 45,507,020
98,246,300 50,132,040
9,689,570
5,076,520
88,556,730 51,055,520
112,534,520 64,513,700
16,997,020
8,777,040
95,537,500 55,730,720
125,003,990 72,104,380
25,730,700 13,001,420
99,873,290 59,102,900
133,370,700 79,242,180
39,127,070 19,832,100
94,243,090 59, 410,020
174,105,070 105,921,280
76,085.320 40,489,280
98,019,750 65,432,000
200,086,520 121,729,840
103,692,140 57,444,920
96,394,380 64,284,920
222,660,640 135,525,000
124,347,790 70,470,560
98,312,850 65,054,500
241,572,930 146,883,340
138,591,490 79,003,560
102,981,440 67,819,780

2,491,300
10,349,700
46,550
10,303,150
10,473,700
70,050
10,397,050
17,409,850
432,300
17,037,550
17,775,450
880,950
10,894,500
18,205,350
1,502,050
10,703,300
19,180, GOO
2,501,050
10,679,550
21,806,850
4,277,250
17,529,000
24,859,950
6,309,000
18,550,950
27,987,100
8,448,800
19,538,300
33,348,500
11,577,800
21,770,700
44,209,250
19,051,850
25,157,400
49,281,750
25,789,200
23,492,550
53,990,050
31,733,950
22,256,100
57,379,900
36,411,100
20,968,800

2,903,400
15,033,000
89,500
14,944,100
24,057,500
172,700
24,484,800
20,243,600
877,000
25,366,600
20,700,000
1,598,000
25,108,000
27,526,300
2,708,100
24,818,200
28,667,200
4,587,500
24,079,700
32,305,500
7,840,100
24,519, 400
30,779,700
11,098,900
25,080,800
41,661,000
14, 405.700
27,255,300
49,250,200
19,657,200
29,593,000
64,585,800
29,942,800
34,643,000
71,092,000
39,578,500
31,513,500
76,733,700
47,931,700
28,802,000
81,292,300
54,185,900
27,106,400

250,000
5,446,500
5,446,500
6,669,500
302,500
6,307,000
6,691,500
671,500
6,020,000
6,744,500
909,000
5,835,500
6,838,500
1,347,000
5,491,500
6,980,000
2,096,000
4,884,000
7,326,500
3,078,000
4,248,500
7,810,500
3,933,500
3,877,000
8,233,000
4,829,000
3,404,000
8,657,000
5,838,000
2,819,000
9,223,000
7,236,500
1,986,500
9,345,500
8,108,500
1,237,000
9,996,000
8,807,500
1,188,500
10,090,000
9,447,500
642,500

One thousands.

Total.
$58,813,980

$4,404,000
1,000
4,403,000
4,728,000
507,000
4,221,000
4,728,000
1,563,000
3,165,000
4,746,000
1,858,000
2,888,000
4,769,000
2,501,000
2,268,000
4,779,000
3,380,000
1,399,000
4,843,000
4,028,000
815,000
4,933,000
4,315,000
618,000
5,158,000
4,530,000
628,000
5,250,000
4,683,000
507,000
5,540,000
5,047,000
493,000
5,549,000
5,272,000
277,000
5,678,000
5,411,000
267,000
6,214,000
5,900,000
314,000

58,813,980
205,099,455
464,250
204,635,205
294,585,214
1,498,255
293,086,959
304,202,141
5,107,317
299,094,824
310,367,276
10,250,318
300,116,958
318,743,726
19,018,935
299,724,791
335,411,601
33,552,326
301,859,275
384,072,311
59,597,104
324,475,207
434,960,786
93,969,961
340,990,825
481,196,161
132,848,487
348,347,674
532,962,805
184,176,899
348,785,906
668,988,000
325,811,982
343,176,018
747,468,410
427,601,340
319,867,070
823,079,650
507,208,460
315,871,190
886,904,855
567,264,295
319,640,560

CO

Issued during
current year.
$58,813,980

ft
ft

146,285,475

2

89,485,759
9,616,927

w

6,165,135

ft
O
O

8,376,450
16,607,875
48,000,710
"56,* 888," 475

H
W
O

w
w
ft

46,235,375
ft
51,766,044
136,025,195
78,480,410

o
d

w
w
ft

o
l

75,611,240
"63," 825," 205

....

....

Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued...
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed

•..

23,169,677
19,600,477
3,5(59.200
23,169,677
20,875,215
2,294,462
23,169,677
21,838,565
1,331,112
23,169,677
22,353,877
815,800
23,169,677
22,593,909
575,768
23,169,677
22,671,936
497,741
23,169,677
22,731,963
437,714
23,169,677
22,757,987
411,690
23,169,677
22,776,403
393,274
23,169,677
22,783,281
386,396
23,169,677
22,794,643
375,034
23,169,677
22,800,061
369,616
23,169,677
22,802,625
367,052
23,169,677
22,806,348
363,329
23 169,677
22; 810,808
358,869
23,169,677
22,813.727
355,950
23,169,677
22,816,231
353,446
23,169,677
22,817,982




15,495,038
13,002,540
2,492,498
15,495,038
13,887,778
1,607,260
15,495,038
14,572,868
922,170
15.495,038
14,968,280
526,758
15,495,038
15,141,806
353,232
15,495,038
15,206,570
288, 468
15,495,038
15,257,754
237,284
15,495,038
15,279,612
215,426
15,495,038
15,293,440
201,598
15,495,038
15,298,872
196,166
15,495,038
15,306,858
188,180
15,495,038
15,311,146
183,892
15,495,038
15,313,292
181,746
15,495,038
15,316,106
178,932
15,495,038
15,319,508
175,530
15,495,038
15,321,664
173,374
15,495,038
15,323,762
171,276
15,495,038
15,325,066

327,892,200
229,980,380
97,911,820
345,659,880
245,749,120
99,910,760
368,062,520
267,582,440
100,480,080
393,487,120
296,566,165
96,920,955
417,236,040
325,712,835
91,523,205
440,505,940
355,196,785
85,309,155
466,042.000
384,085^330
81,956,670
488,336,800
405,546,320
82,790, 480
502,277,620
425,853,955
76,423,665
520,506,800
453,086,540
67,420,260
532,659,620
476,027,775
56,631,845
544,788,840
494,306,190
50,482,650
561,426,260
511,284,975
50,141,285
577,190,300
527,218,370
49,971,930
605,475,540
543,392,670
62.082,870
630,757,720
568,047,950
62,709,770
652,869,420
587,176,685
65,692,735
682,044,800
606,223,735

259,042,230
149,305,990
109,736,240
272,031,680
158,211,100
113,820,580
294,775,190
173,466,350
121,308,840
320,422,600
197,709,340
122,713,260
345,440,860
227,123,550
118,317,310
371,821,020
260^501,070
111,319,950
398,040,010
293,828,720
104,211.290
416,959,700
317,673,780
99,286,920
427,627,990
337,999,280
89,628,710
442,223,330
364,436,600
77,786,730
451,361,990
386,221,110
65,140,880
461,240,000
403,621,260
57,618,740
474,952,880
421,173,990
53,778,890
491,530,600
437,176,700
54,353,900
519,398,970
452,919,540
66,479, 430
539,903,580
474,251,610
65,651,970
556,374,550
489,894,730
66,479,820
580,697,100
508,853,150

157,399,020
85,146,860
72,252,160
165,327,960
90,096,400
75,231,560
178,816,340
98,099,840
80,716,500
195,035,680
111,434,140
83,601,540
211,576,920
128,492,760
83,084,160
228,841,820
149,635,240
79,206,580
246,363,460
171,275,940
75,087,520
258,912,360
187,957,120
70,955,240
266,022,900
201,838,860
64,184,040
275,754,140
218,806,920
56,947,220
281,804,220
232,686,320
49,117,900
288,323,560
244,251,900
44,071,660
297,355,680
256,301,380
41,054,300
308,389,420
267,451,740
40,937,680
326,900^ 880
278,070,440
48,830,440
340,460,600
292,191,960
48,268,640
351,310,920
302,298,800
49,012,120
367,415,620
314,158,980

60,589,050
39,263,150
21,325,900
62,694,250
41,274,950
21,419,300
67,879,700
44,594,500
23,285,200
72,667,200
49,009,100
23,658,100
77,801,450
54,535,150
23,266.300
83,051; 500
60,828,650
22,222,850
87,927,650
67,288,100
20,639,550
90,759,700
72,565,050
18,194,650
92,481,650
76,807,150
15,674,500
94,893,350
81,230,400
13,662,950
95,997,250
84,750,700
11,246,550
97,468,100
87,709,800
9,758,300
99,848,700
90,406,400
9,442,300
102,085,550
92,916,700
9,168,850
105,970,750
95,400,300
10,570,450
108,420,000
98,256,200
10,163,800
111,083,050
100,367,300
10,715,750
113,923,900
102,940,650

85,074,000
58,160,400
26,913,600
87,951,000
61,060,100
26,890,900
95,973,200
66,020,200
29,953,000
103,513,800
71,913,000
31,600,800
111,474,200
78,912,500
32,561,700
119,977,000
87,454,300
32,522,700
128,770,600
97,192,200
31,578,400
134,202,100
105,533,000
28,669,100
137,516,600
112,745,300
24,771,300
142,217,600
119,872,000
22,345,600
144,384,000
125,601,800
18,782,200
147,273,300
130,537,200
16,736,100
151,976,100
135,172,500
16,803,600
156,315,100
139,439,800
16,875,300
163,949,500
143,918,400
20,031,100
168,740,100
149,084,000
19,656,100
173,825,100
152,911,100
20,914,000
179,480,200
157,615,700

945,281,215
10,270,000 6.350,000
610,160,297
9,643,500 6,057,000
335,120,918
203,000
626,500
989,068,985
10,366,500 6,373,000
647,020,663
9,742,000 6,124,000
342,048,322
249,000
624,500
10,964,500 7,154,000 I 1,062,290,165
10,247,500 6,943,000 I 703,365,263
211,000 I 358,924,902
717,000
11,378,500 7,197,000 - 1,142,366,615
i
10,440,000 6,990,000
781,383,902
207,000
360,982,713
938,500
11,566,500 7,287,000 1,221,047,685
10,683,500 7,092,000
870,288,010
195,000
350,759,675
883,000
1,302,093,995
11,853,000 7,379,000 I
10,990,500 7,156,000 i 969,641,051
862,500
223,000 I 332,452,944
11,947,000 7.379,000 1,385,134,435
11,363,500 7,238,000 1,070,261,507
314,872,928
583,500
141,000
11,947,000 7,379,000 1,447,161,375
11,569,000 7,290,000 1,146,170,869
300,990,506
378,000
89,000
11,947,000 7,379,000 1,483,917,475
11,646,500 7,305,000 1,212,265,888
271,651,587
300,500
74,000
11,947,000 7,379,000 1,533,585,935
11,706,500 7,320,000 1,294,541,113
'240,500
59,000
239,044,822
11,947,000 7,379,000 1,564,197,795
11,737,500 7,327,000 1,362,453,706
52,000
201,744,089
209,500
11,947,000 7,379,000 1,597,084,515
11,764,000 7,333,000 1,417,634,557
179,449,958
46,000
183,000
11,947,000 7,379,000 1,643,550,335
11,779,500 7,337,000 1,471,571,662
171.978,673
167,500
42,000
11,947,000 7,379,000 1,693,501,685
11,794,000 7,345,000 1,521,464,764
172,036,921
153,000
34,000
11,947,000 7,379,000 1,779,686,355
11,807,500 7,346,000 1,570,985,166
208,701,189
139,500
33,000
11,947,000 7,379,000 1,846,272,715
11,817,500 7,348,000 1,639,132,611
31,000
207,140,104
129,500
11,947,000 7,379,000 1,903,453,755
11,824,000 7,350,000 1,689,962,608
29,000
213,491,147
123,000
11,947,000 I 7,379,000 1,981,552,335
11,828,500 7,351,000 1,747,114,763

58,376,360
43," 787," 770
73,'22i,'i80
80," 076; 450
78," 681*070

,,
_
tei
§
W
H

O
^
81,046,310
83,'040,'440
62,026,940
36,756,100

M
H
O
g
f^
hj
H

W

YYY.YY o
49," 668," 460

£
W

36,*6ii?'86O
32,886,720

........

W

o
4
H

M
46,'465," 820 fed

o
49,951,350

d
W

86,* 184," 670

j|

w

YYYYY o
66,586,360
57,'i8i,'640

*4

78,098,580

CO

h-*

00

No. 19.—NATIONAL-BANK NOTES ISSUED, REDEEMED, AND OUTSTANDING, BY DENOMINATIONS AND AMOUNTS, ON OCTOBER 31 IN EACH YEAR
FROM 1864 TO 1908,
Year.
1896... Outstanding
1897.... Issued
Redeemed
Outstanding
1898.... Issued
Redeemed
Outstanding
1899.... Issued
Redeemed
Outstanding
1900.... Issued
Redeemed
Outstanding
1901.... Issued
Redeemed
Outstanding
1902.... Issued
Redeemed
Outstanding
1903.... Issued
Redeemed
Outstanding
1904.... Issued
Redeemed
Outstanding
1905.... Issued
Redeemed
Oustanding
1906.... Issued
Redeemed
Outstanding
1907.... Issued
Redeemed
Outstanding
1908.... Issued
Redeemed
Outstanding

Ones.
$351,695
23,169,677
22,819,141
350,536
23,169,677
22,820,496
349,181
23,169,677
22,821,399
I
348,278
23,169.677
22,822; 125
347,552
23,169,677
22,822,948
34C, 729
23,169,677
22,823,693
345,984
23,169,677
22,823,721
345,956
23,169,677
22,824,750
344,927
23,109,677
22,825,119
344,558
I 23,169,677
22,825,423
344,254
23,169,677
22,825,429
344,248
23,169,677
22,825,802
343,875




Twos.

Fives.

$169,972
15,495,038
15,326,004
169,034
15,495,038
15,326,836
168,202
15,495,038
15,327,570
167,468
15,495,038
15,327,982
167,056
15,495,038
15,328,632
166,406
15,495,038
15,329,064
165,974
15,495,038
15,329,078
165,960
15,495,038
15,329,872
165,166
15,495,038
15,330,116
164,922
15,495,038
15,330,328
164,710
15,495,038
15,330,330
164,708
15,495,038
15,330,568
164,470

Tens.

$75,821,065 171,843,950
715,811,820 604,188,140
642,879,715 533,020,990
71,167,150
72,932,105
744,880,780 628,256,250
670,888,605 553,593,290
74,662,960
73,992,175
771,540,360 648,025,440
696,080,655 572,065,230
75,960,210
75,459,705
793,221,520 718,638,230
722,857,925 595,549,950
70,363,595 123,088,280
811,372,680 773,811,540
751,107,035 630,531,420
60,265,645 143,280,120
836,516,480 831,418,770
775,033,700 677,153,380
61,482,780 154,265,390
868,388,540 913,971,810
806,107,560 738,070,880
62,280,980 175,900,930
902,281,700 1,009,278,600
840,173,505 815,500,950
62,108,195 193,777,650
950,007,240 1,130,564,820
876,515,625 905,801,090
73,491,615 224,763,730
1,006,305,860 1,240,988,000
915,147,420 996,132,780
91,158,440 244,855,220
1,079,440,160 1,338,576,420
959,165,950 1,088,629,890
120,274,210 249,946,530
1,165,615,720 1,507,820,550
1,034,454,335 1,225,988,270
131,161,385 281,832,280

CO

INCLUSIVE—Continued.

Twenties.
$53,256,640
382,964,400
330,176,200
52,788,200
398,844,140
343,369,700
55,474,440
411,949,920
355,470,780
56, 479,140
4.58,928,920
370,520,820
88, 408,100
495,635,500
391,181,100
104,454,400
534,035,360
419,234,460
114,800,900
589,070,720
459,117,980
129,952,740
652,608,580
506,857,140
145,751,440
733, 466,060
565.477,240
167,988,820
805,831,300
621,053,860
184,777,440
859,365,420
675,948,800
183,416,620
951,813,720
756,563,780
195,249,940

Fifties.

One
hundreds.

$10,983,250 $21,864,500
117,184,950 185,939,200
106,399,050 164,254,400
10,785,900
21,684,800
120,684,300 192,892,300
109,191,200 169,653,400
11,493,100
23,238,900
123,193,200 197,877,500
111,900,000 174,765,300
11,293,200
23,112,200
131,381,650 214,224,900
115,194,750 181,335,700
16,186,900
32,889,200
135,738,100 222,937,600
119,005,900 188,506,700
16,732,200
34,430,900
139,790,950 231,043,300
123,843,700 197,809,900
15,947,250
33,233,400
145,720,550 242,902,500
129,286,850 208,604,800
16,433,700
34,297,700
152,628,650 256,718,700
134,915,750 219,528,400
17,712,900
37,190,300
160,202,500 271,866,400
141,735,300 232,809,900
18,467,200
39,056,500
167,811,650 287,084,700
148,214,600 245,040,600
19,597,050
42,044,100
171,765,950 294,993,300
154,378,950 256,778,200
17,387,000
38,215,100
178,149,200 307,759,800
160,616,150 268,432,600
17,533,050
39,327,200

NOTE.—First issue December 21,1863; first redemption April 5,1865.

Five
hundreds.
$118,500
11,947,000
11,836,500
110,500
11,947,000
11,838,500
108,500
11,947,000
11,842,500
104,500 j
11,947,000
11,844,500
102,500
11,947,000
11,850,000
97,000
11,947,000
11,851,000
96,000
11,947,000
11,853,000
94,000
11,947,000
11,853,500
93,500
11,947,000
11,854,500 I
92,500
11,947,000
11,855,500
91,500
11,947,000
11,856,000
91,000
11,947,000
11,857,000
90,000

One thousands.

Total.

$28,000
7,379,000
7,351,000
28,000
7,379,000
7,351,000
28,000
7,379,000
7,351,000
28,000
7,379,000
7,352,000
27,000
7,379,000
7,354,000
25,000
7,379,000
7,354,000
25,000
7,379,000
7,354,000
25,000
7,379,000
7,355,000
24,000
7,379,000
7,355,000
24,000
7,379,000
7,355,000
24,000
7,379,000
7,355,000
24,000
7,379,000
7,355,000
24,000

$234,437,572
2,064,079,225
1,834,063,000
230,016,225
2,143,548,485
1,904,033,027
239,515, 458
2,210,577,135
1,967, 624, 434
242,952,701
2,374,385,935
2,042,805,752
331,580,183
2,497, 486,135
2,137,687,735
359,798,400
2,630, 795,575
2,250, 432,897
380,362,678
2,818,044,835
2,398,547,869
419,496,966
3,031,506,945
2,574,338,867
457,168,078
3,304,097,735
2,779,703,890
524,393,845
3,566,012,225
2,982,955,511
583,056,714
3,802,131,965
3,192,268,549
609,863,416
4,169,149,705
3,503,423,505
665,726,200

Issued during
current year.

'$82," 526," 890

Q

w
" 7 9 ,"469," 260
O
*j

67,028,650
103,808,800

W

'i23,'i66,~2o6

o
2
pi

'l33,"309,'440

H

' 187," 249," 260

O
^
H

2i3,"462,'ii6

^

o
*i

272,590,790

:::::::::::: w
261,914,490

W

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o

236*119,740

w
w

3G7,"6i7,"740

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S
5$

KEPOBT OF THE COMPTEOLLEB OF THE CUREENCY.
No. 20.—NATIONAL

GOLD BANK NOTES ISSUED, REDEEMED,
OUTSTANDING OCTOBER 31, 1908.

Issued.

Denomination.

135

AND THE AMOUNT

Outstanding.

Redeemed.

$364,140
746, 470
722,580
404,850
809,700
342,500
75,000

. .

Total
Unredeemed fractions
Total

.

. . .

$17,255.00
24,920. 00
16,300. 00
5,700. 00
8,500. 00
2,000.00

3,390,565. 00
-104. 50

74,675.00
+ 104.50

3, 465,240

. .

$346,885. 00
721,550.00
706,280. 00
399,150. 00
801,200.00
340,500. 00
75,000.00

3,465,240

Fives
Tens
Twenties
Fifties
One hundreds
Five hundreds
One thousands

3,390,460.50

74,779. 50

No. 21.—NATIONAL-BANK NOTES OF EACH DENOMINATION OUTSTANDING ON MARCH
13, 1900, AND ON OCTOBER 31, 1901 TO 1908. a

Mar. 13, 1900.

Ones
Twos
,
Fives
Tens
Twenties
Fifties
One hundreds..
Five hundreds.
One thousands.
Fractions

Oct. 31, 1901.

$348. 275. 00
167; 466. 00
79,310, 710.00
79,378, 160.00
58,770, 660.00
11,784, 150.00
24,103, 400.00
104. 000.00
27j000.00
32, 409.00

Denomination.

$346,729.00
$345,984.00
166,406.00
165,974. 00
60,265,645.00
61,482,780.00
143,280, 120.00 154,265,390. 00
104,454. 400.00 114,800,900. 00
15,947,250. 00
16,732, 200.00
34, 430,900. 00 33,233,400.00
96,000.00
97! 000.00
25;000.00
25,000. 00
35,431. 50
34, 315. 00

254,026,230.00

Total.
Secured by
lawful
money
Secured by bonds

Ones
Twos
Fives
Tens
Twenties
Fifties
One hundreds
Five hundreds
One thousands
Fractions
Total
Secured b y lawful money
Secured b y bonds




Oct. 31, 1903.

Oct. 31, 1904.

$345,956. 00
165,960. 00
62,280,980.00
175,900,930.00
129,952,740. 00
16,433,700. 00
34,297, 700. 00
94,000. 00
25,000. 00
36, 492. 50

$344, 927.00
165, 166. 00
62,108, 195. 00
193,777, 650.00
145,751, 440.00
17,712, 900.00
37,190, 300. 00
93, 500.00
24, 000. 00
37, 487. 00

359,832,715. 00 380,398,109.50 j 419,533,458.50 ! 457,205,565.00

38,004,155.00 | 31,634,101.00
216,022,075.00 i328,198,614.00

Denomination.

Oct. 31, 1902.

44,614,920.50
335,783,189.00

Oct. 31, 1905. i Oct. 31, 1906.
$344,558. 00
$344, 254.00
164,922. 00
164: 710.00
73, 491,615. 00
91,158! 440.00
224, 763, 730. 00 244,855; 220.00
167,988,820. 00 184, 777, 440.00
18,467,200. 00
19,597, 050.00
39,056,500.00
42,044, 100. 00
92,500. 00
91, 500.00
24,000.00
24, 000.00
38,739. 50
40, 086. 50

38,882.637.50
380,650i 821. 00

Oct. 31, 1907.
$344,248. 00
164,708. 00
120,274,210.00
249,946,530.00
183,416,620. 00
17,387,000. 00
38,215,100. 00
91,000.00
24,000.00
42,025.50

32,674,984. 00
424,530,581. 00

Oct. 31, 1908.
$343 875. 00
164 470. 00
131,161 385.00
281,832, 280.00
195,249, 940.00
17,533, 050.00
39,327, 200.00
90, 000. 00
24, 000.00
44, 008.00

524,432,584. 50

583,096,800.50 | 609,905,441.50

t)65, 770,208. 00

34,394,779. 00
490,037,806.00

46,163,630.50 I 47,252,852.00
536,933,169.50 j 562,727,614.00

39,065,637. 50
626,779,350.00

a Gold notes not included.

138
No.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

22.—NATIONAL-BANK N O T E S OUTSTANDING AND THE AMOUNT AND P E R C E N T OF
N O T E S O F $5 O N M A R C H 14, 1900, O C T O B E R 3 1 , 1900 T O
1908.

$5 notes.

Total
circulation.

March 14,1900
October 31 1900
October 31, 1901
October 31, 1902
October 31, 1903
October 31, 1904
October 31, 1905
October 31 1906
October 31, 1907
October 31, 1908

Amount.

$254,026,230
331,580,183
359, 798, 400
380,362,678
419, 496,966
457,168,078
524,393,845
583,056,714
609,863,416
665,726,200

Date.

$79,310,710
70,363,595
60,265,645
61, 482,780
62,280,980
62,108,195
73,491,615
91,158,440
120,274,210
131,161,385

Per cent.
31.2
21. 2
16.7
16.1
14.8
13.6
14.01
15.63
19.72
19.70

No. 23.—NUMBER AND DENOMINATIONS OF NATIONAL-BANK NOTES ISSUED AND
REDEEMED SINCE THE ORGANIZATION OF THE SYSTEM, AND THE NUMBER OUTSTANDING OCTOBER, 31, 1908.
Denomination.

Issued.

Redeemed.

Outstanding.

Ones
Twos
Fives
Tens
Twenties
Fifties
One hundreds..
Five hundreds
One thousands

23,169,677
7,747,519
233,123,144
150,782,055
47,590,686
3,562,984
3,077,598
23,894
7,379

22,825,802
7,665,284
206,890,867
122,598,827
37,828,189
3,212,323
2,684,326
23, 714
7,355

343,875
82,235
26,232,277
28,183,228
9,762,497
350,661
393,272
180
24

Total

469,084,936

403,736,687

05,348,249

No.

24.—VAULT ACCOUNT

OF C U R R E N C Y

RECEIVED

AND

ISSUED

BY THIS

BUREAU

DURING THE YEAR AND THE AMOUNT ON HAND OCTOBER 3 1 , 1908.
National-bank currency in vault at close of business October 31, 1907
$166,303,540
Amount received from the Bureau of Engraving and Printing during year ended October 31,
1908
582,367,820
Total to account for
Amount issued to banks during the year
Amount withdrawn from vault and canceled

,$367,017,740
4, 433, 410

748,671,360

Total withdrawn

371, 451,150

Amount in vault at close of business October 31, 1908

377,220,210

No. 25.—NATIONAL BANKS WHICH HAD NO CIRCULATION OCTOBER 31,

1908.
Bonds.

Irvington National Bank, Irvington, N. Y
Rogers National Bank, Jefferson, Tex
Total




12,500

REPORT OF THE COMPTROLLER OF THE CURRENCY.

137

No. 26.—"ADDITIONAL CIRCULATION" ISSUED AND RETIRED, BY STATES, DURING
THE YEAR ENDED OCTOBER 31, 1908, AND TOTAL AMOUNT ISSUED AND RETIRED
SINCE JUNE 20, 1874.«
Circulation issued.
States and Territories.

$35,000
$473,748
234,000
443,772
416,187
187,000
1,836, 405 4,330, 400
240,000
628,571
1,307,500
1,297,448
6,686,319 26,258,720
780,079
2,256,960
4,259,884 11,814,900
135,020
85,000
1,061,927
2,063,540
202,000
65,600
620,302
2,011,010
447,700
198,927
1,222,980
66,250
709,950
48,745
159,388
2,697,450
61,530
905,000
23,000
728,860
546,250
30,290
115,900
1,858,250
106,250
2,960, 860
555,000
38,300
564, 422
811,400
152,880
1,159,350
396,745
3,748,250
934,612
6,565,575
552,272
2,726,520
685.589 13,268,720
363,820
2,113,500
527, 492 1,871,500
389, 449 1,923,210
290,482
3, 420,750
233,747
1,195,910
329,108
2,018, 400
100
622,500
232,950
565,990
758.590
582,290
34,550
172,010
8,550
805,450
13,550
211,050
28,550
289,500
30,997
215,010
100,500
1,518,100
177,792
3,957,850
13,250
246,250
16,610
1,215,300

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Virginia.....
West V irginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Missouri
Ohio
Indiana
Illinois
Michigan..
Wisconsin
Iowa
Minnesota
Kansas
Nebraska
Nevada
Oregon
Colorado
Idaho
Montana
Wyoming
North Dakota
South Dakota
Washington
California
Utah
,
New Mexico (Territory)..
Arizona (Territory)
Oklahoma (Territory)
Indian (Territory)....'
Alaska (Territory)
Hawaii (Territory)
Porto Rico (Territory)..
Total
Surrendered to this office and retired
From June 20,1874, to October 31, 1908 .
Surrendered and retired same dates
Grand total.




Under act
of July 12, Additional.
1882.

26,360,589 114,912,575

Total.

$508,748
677,772
603,187
6,166,805
868,571
2,604,948
32,945,039
3,037,039
16,074,784
220,020
3,125, 467
267,600
2,361,332
646,627
1,289,230
758,695
2,856, 838
966,530
751,860
576,5iO
1,974,150
3,067,110
593,300
1,375, 822
1,312,230
4,144,995
7,500,187
3,278,792
13,954,309
2, 477,320
2,398,992
2,312,659
3,711,232
1,429,657
2,347,508
622, 600
798, 940
1,340, 880
206,560
814,000
224,600
318, 050
246,007
1,618,600
4,135,642
13,250
246,250
16,610
1,215,300

$975,788
714,726
749, 424
5,233,791
972.527
2,714,063
25,995,624
3,540,339
210, 830,297
283,042
2,329,842
312, 331
986,050
332,653
316,179
124, 680
299,682
154, 827
447,223
174,305
651,367
982,175
54, 820
1,245,751
491, 499
1,448,641
5,793,312
1,441,797
5,091,082
1,256,918
513,861
1,030,952
1,029, 449
531,296
777,367
23,930
160, 660
534, 277
48,165
3S, 428
55,131
62,610
90,195
145,115
741,542
21,025
29,980
37,295
157,010
51,790

141,273,164

80,025,078
2, 853,352
717,966,981
19,770,560

1,000,132,250
26,360,589 114,912,575

a Notes of gold banks not included in this table.

Circulation
retired.

1,141,405,414

820,615,971

138

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 27.—NATIONAL-BANK NOTES RECEIVED MONTHLY FOR REDEMPTION BY THE
COMPTROLLER OF THE CURRENCY DURING THE YEAR ENDED OCTOBER 31, 1908,
AND THE AMOUNT RECEIVED DURING THE SAME PERIOD AT THE REDEMPTION
AGENCY OF THE TREASURY, TOGETHER WITH THE TOTAL AMOUNT RECEIVED SINCE
THE APPROVAL OF THE ACT OF JUNE 20, 1874.«
Received by the Comptroller of the Currency.
From national banks
in connection
with reduction of circulation and
replacement
with new
notes.

Month.

F r o m the redemption
agency.

For replacem e n t with
new notes.

Retirement
account.

Total.
I

$4,510
290,020
1,483,515
48,000
73,710
262,242
80
55
89,085
1,260
6,320
4,205

November, 1907..
December, 1907..
January, 1908....
February, 1908...
March, 1908
April, 1908
May, 1908
June, 1908
July, 1908..
August, 1908
September, 1908.
October, 1908....
Total
Received from June 20, 1874, to
October 31, 1907

Received at
the United
States Treasury redemption agency.

$11,914,932
6,557,183
15,615,505
17,638,365
18,698,478
18,517,602
19,983,935
24,426,855
13,249,978
20,969,032
27,487,078
35,314,610

$2,704,642
917,110
3,144,270
3,560,222
4,283,082
4,728,905
5,366,180
5,804,433
20,795,274
13,081,442
8,735,708
6,903,810

$14,624,084
7,764,313
20,243,290
21,246,587
23,055,270
23,508,749
25,350,195
30,231,343
34,134,337
34,051,734
36,229,106
42,222,625

2,263,002

230,373,553

80,025,078

$7,749,861
11,736,620
43,425,863
29,627,608
38,949,474
42,491,474
43,212,118
45,121,039
38,319,375
29,442,768
24,776,186
27,507,778
382,360,164
4,652,859,733

22,349,223 2,525,318,544 797,993,021 ;3,345,660,788

Grand total.

312,661,633

20,086,221 2,294,944,991 717,967,943 3,032,999,155

5,035,219,897

a Notes of gold banks not included in this table.

No.

28.—NATIONAL-BANK NOTES RECEIVED AT THIS BUREAU AND
YEARLY SINCE THE ESTABLISHMENT OF THIS SYSTEM.

Amount.

Date.
Prior t o November 1,1865
During year ended October 31—
1866
1867
. .
1868
1869 .
1870
1871
1872
1873
1874
. .
1875 .
.
.
1876
1877
1878
1879
18S0
1881 . .
.
. . . .
1882
1883
1884
1885
1886
1887
1888
1889




$175, 490
1,050,382
3, 401, 423
4,602,825
8,603,729
14,305,689
24,344,047
30,211,720
36,433,171
49,939,741
137,697,696
98,672,716
76,918,963
57,381,249
41,101,830
35,539,660
54,941,130
74,917,611
82,913,766
93,178,418
91,048,723
59,989,810
47,726,083
59,568,525
52,207,627

Date.
During year ended October 31—
1890
1891
1892.
1893
1894
1895
1896
1897
1898
1899. . .
1900
1901
1902.
1903
1904
1905
1906
1907
1908
Additional a m o u n t of insolvent and
liquidating national-bank notes
destroyed .
Gold n o t e s . .
Total.

a In addition, $42,485 destroyed in transit.

DESTROYED

Amount.

$44, 447,467
45,981,963
43,885,319
44,895,466
62,835,395
46,997,527
53,613,811
83,159,973
66,683, 467
59,988,303
71,065,968
90,848,100
107,222,495
140,306,990
167.118,135
195,194,785
191,102,985
197,932,847
231,128,140
322,055,850
31390,460
o3,506,727,469

139

EEPOET OP THE COMPTROLLER OF THE CURRENCY.

No. 29,—NATIONAL-BANK NOTES ISSUED DURING EACH YEAR PROM 1864 TO 1908,
INCLUSIVE; NATIONAL-BANK NOTES DESTROYED OF ACTIVE BANKS, INSOLVENT
AND LIQUIDATING BANKS, AND TOTAL DESTRUCTIONS FOR EACH YEAR DURING THE
SAME PERIOD, AND ALSO THE PERCENTAGE OF DESTRUCTIONS TO ISSUES.
Destroyed.
Year ended
Oct. 31—

1864.
1865.
I860.
1867.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
1878.
1879.
1880.
1681.
1882.
1883.
1884.
1885.
1886.

1890.
1891.
1892.
1893.
1894.
1895.
1896.
1897.
1900.
1901.
1902.
1903..
1904.
1905.
1906.
1907.
1908 .

Issued.a

$58,813,980
146,285, 475
89,485,759
9,616,927
6,165,135
8,376,450
16,667,875
48,660,710
50,888,475
46,235,375
51,766,644
136,025,195
78,480, 410
75,611,240
63,825,205
58,376,360
43,787,770
73,221,180
80,076,450
78,681,070
81,046,310
83,040,440
62,026,940
36,756,100
49,668, 460
30,611,860
32,886,720
46, 465,820
49,951,350
86,184,670
66,586,360
57,181,040
78,098,580
82,526,890
79, 469,260
67,028,650
163,808,800
123,100,200
133,309,440
187,249,260
213,462,110
272,590,790
281,914,490
236,119,740
141,273,164

Insolvent
Active banks. and liquidating
banks.

$1,225,872
3,401,423
4,602,825
8,603,729
14,305,689
24,344,047
30,211,720
36,433,171
49,939, 741
137,697,696
98,672,716
76,918,963
57,381,249
41,101,830
35,539,660
54,941,130
74,917,611
82,913,766
93,178, 418
91,048,723
59.989,810
47,726,083
59,568,525
52,207,627
44, 447,467
45,981,963
43,885,319
44,895, 466
62,835,395
46,997,527
53.613,811
83,159,973
66,683, 467
59,988,303
71,065,968
90,848,100
107,222,495
140,306,990
167,118,135
195,194,785
191,102,985
197,932,847
231,128,140

$272,383
207,639
540,176
164,888
227,702
1,700,731
4,161,137
2,445.355
1,388', 671
3,937,387
3,116,642
2,688,157
2,674,586
1,794,172
1,320,706
1,403,470
3,101,028
5,990,342
6,174,623
9,571,733
15,919,5.32
18,368,936
22,706,700
15,704,966
10,733,384
7,955,142
6,007,783
4, 624,936
5,312,050
3,832, 470
3,538,344
3,788,264
3,286,560
3,603,104
4,115,350
4,033,883
5,522,667
7,805,620
8,663,918
10,148,380
12,142,389
11,378,202
80,024,833

Per cent
destruc- Per cent
Total out- tions ac- destructions to
tive
standing.
banks to issues.
issues.

Total.**

$464,250
1,034,005
3,609,062
5,143,001
8,768,617
14,533,391
26,044,778
34,372,857
38,878,526
51,328,412
141,635,083
101,789,358
79,607,120
60,055,835
42,896,002
36,860,366
56,344,600
78,018,639 !
88,904,108 i
99,353,041 I
100,620,456
75,909.362
66,095^019 !
82,275,225 i
67,912,593 i
55,180,851 |
53,937,105 I
49,893,102 '
49,520,402
68,147, 445
50,829,997
57,152,155
86,948,237
69,970,027
63,591, 407
75,181,318
94,881,983
112,745,162
148,112,610
175,782,053
205,158,230
203,245,374
209,311,049
311,152,973

$58,813,980
204,635,205
293,086,959
299,094,824
300,116,958
299,724,791
301,859,275
324,475,207
340,990,825
348,347,674
348,785,906
343,176,018
319,867,070
315,871,190
319,640,560
335,120,918
342,048,322
358,924,902
360,982,713
350,759,675
332,452,944
314,872,928
300,990,506
271,651,587
239,044,822
201,744,089
179,449,958
171,978,673
172,036,921
208,701,189
207,140,104
213, 491,147
234,437,572
230,016,225
239,515,458
242,952,701
331,580,183
359,798,400
380,362,678
419,496,966
457,205,565
524,408,249
583,171,985
609,905, 441
665,844,987

0.52

0.65

35.36
74.64
102. 71
85.82
50.02
59.36
78.79
96.47
101.23
125. 73
101. 72
89.91
70.40
81.16
75.03
93.55
105. 37
114. 96
109. 64
96.71
129.84
119.93
170. 54
135.15
98. 95
87.85
52.09
94.36
82.18
68.64
100.76
83.91
89.49
43.38
73.80
80.56
74.93
78.29
71.54
72.96
83.83
163.60

37.52
83.42
104.68
87.19
53.52
67.54
84.08
99.15
104.12
129.70
105.28
94.09
73.48
84.18
76.95
97.42
112.99
122.58
121.17
122.38
179. 82
165.65
221.86
167. 79
116. 08
99.88
57.45
102. 34
88.89
73.18
105. 35
88.04
94.87
45.89
77.07
84.57
79.09
82.35
75.26
77.60
88.65
220.24

a Notes of gold banks n o t included.
No.

30.—VAULT

ACCOUNT

OF C U R R E N C Y

YEAR

ENDED

RECEIVED

OCTOBER

31,

AND DESTROYED

DURING

THE

1908.

There was in the vault of the redemption division of this office, awaiting destruction, a t the
close of business October 31,1907
$637,630
Received during the year ended October 31,1908
312,661,633
Total
Withdrawn and destroyed during the year
Balance in vault October 31, 1908




313,299,263
311,153,218
2,146,045

140

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 31.—TAXES ASSESSED ON CIRCULATION, DEPOSITS, AND CAPITAL OP NATIONAL
BANKS, 1864 TO 1882.
On circulation. On deposits.

Year.
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882

.

.

On capital.

Total.

.

Total

$95,911.87
1,087,530.86
2,633,102.77
2,650,180.09
2,564,143.44
2,614,553.58
2,614,767.61
2,802,840.85
3,120,984.37
3,196,569. 29
3,209,967.72
3,614,265.39
3,505,129.64
3,451,965.38
3,273,111.74
3,309,668.90
4,058,710. 61
4,940,945.12
o8,295,717.93

$18,432.07
133,251.15
406,947.74
321,881.36
306,781.67
312,918.68
375,962.26
385,292.13
389,356.27
454,891. 51
469,048.02
507,417. 76
632,296.16
660, 784.90
560,296. 83
401,920. 61
379, 424.19
431,233.10
o707,751.33

$167,537.26
1,954,029.60
5,146,835.81
5,840,698.23
5,817,268 18
5,884,888.99
5,940,474.00
6,175,154. 67
6,703,910. 67
7,004,646.93
7,083,498.85
7,305,134.04
7,229,221. 56
7,013,707.81
6,781, 455. 65
6,721,236.67
7,591,770. 43
8,493,552.55
12,194, 451. 24

52,253,518. 24

.

$53,193.32
733,247.59
2,106,785.30
2,868,636.78
2,946,343.07
2,957,416.73
2,949,744.13
2,987,021.69
3,193,570.03
3,353,186.13
3,404, 483.11
3,283, 450. 89
3,091,795.76
2,900,957.53
2,948,047.08
3,009,647.16
3,153,635. 63
3,121,374.33
3,190,981. 98

60,940,067.16

7,855,887.74

121,049,473.14

a To June 1, 18S3.
No. 32.—TAXES ASSESSED ON CAPITAL AND DEPOSITS OF NATIONAL BANKS PROM
1864 TO 1883, ON CIRCULATION FROM 1864 TO 1908, AND ON CAPITAL AND SURPLUS
(WAR-REVENUE ACT OF 1898) TO JUNE 30, 1902.

Year.

Tax paid on
capital and
deposits.
$114,343.94
1,220,782.01
3,040,050. 51
2,972,061.45
2,870,925.11
2,927; 472. 26
2,990,729.87
3,188,132. 98
3,510,340. 64
3,651,460.80
3,679,015.74
4,021,683.15
4,137,425. 80
4,112,750.28
3,833, 408. 57
3,711,589.51
4, 438,134. 80
5,372,178.22
c9,003,469.26

1864
1865
1866
1867
18G8
18G9
1870
1871
1872
1873
1874
1875
1878
1877
1878
1879
1880
1881
1882
1883
1884.

Total

68,795,954.90




Tax paid on
circulation.
$53,193.32
733, 247. 59
2,106,785. 30
2,868,636.78
2,946,343.07
2,957, 416. 73
2,949,744.13
2,987,021.69
3,193,570.03
3,353,186.13
3,404,483.11
3,283, 450. 89
3,091,795.76
2,900,957.53
2,948,047.08
3,009,647.16
3,153,635. 63
3,121,374.33
3,190,981.98
3,132,006.73
3,024,668.24

Year.
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896....
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907

1908
Total
a To June 1,1883.

Tax paid on
circulation.
$2,794,584.01
2,592,021. 33
2,044,922. 75
1,616,127.53
1,410,331.84
1,254,839.65
1,216,104.72
1,331,287.26
1,443,489.69
1,721,095.18
1,704,007.69
1,851,676.03
2,020,703. 65
1,901,817.71
1,991,743.31
1,881,922.73
1,599,231.08
1,633,309.15
1,708,819.92
1,928,827.49
2,163,882.05
2,509,977.80
2,806,070. 54
3,090,811.72
104,627,788.04

Tax paid on
capital and
surplus.

$1,752,802.00
1,730,251.00
1,731,929.00
1,833,431.00

7,048,413.00

REPORT OF THE COMPTROLLER OF THE CURRENCY.

J41

No. 33.—TAXES ASSESSED ON NATIONAL-BANK CIRCULATION, YEARS ENDED JUNE
30, 1864, TO 1908; COST OF REDEMPTION, 1874 TO 1908; COST OP PLATES, AND EXAMINERS' FEES, 1883 TO 1908.
Cost of redemp- Assessment Assessment
tion of notes for cost of for cost of
by the
plates,
United States plates, new extended
banks.
Treasurer.
banks.

Semiannual
duty on
circulation.

Year,

$52,253,518. 24

1864 1882
1874-1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908

•.

Total

3,132,006.73
3,024,668.24
2,794,584.01
2.592,021.33
2,044,922.75
1,616,127. 53
1,410,331.84
1,254,839.65
1,216,104. 72
1,331,287.26
1,443,489. 69
1,721,095.18
1,704,007.69
1,851,676.03
2,020,703.65
1,901,817.71
1,991,743.31
1,881,922.73
1,599,221.08
1,633,309.15
1,708,819.92
1,928,827.49
2,163,882.05
2,509,977.80
2,806,070.54
3,090,811.72

$1,971,587.10
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
103,032.96
107,445.14
100,352. 79
114,085. 63
125,061.73
125,924.35
121,291.40
122,984. 76
146,236.18
153,796. 33
174, 477. 62
219,093.13
247,973.26
250,924.24
233,650. 52
a 270,840.21

$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
14,225.00
4,050.00
4,950. 00
5,450.00
3,050.00
5,275.00
8,200.00
29,200.00
85,975.00
43,200.00
54,475.00
45,500. 00
47,825. 00
54,150.00
76,275. 00
48,450.00

$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
5,200.00
4,375.00
6,875. 00
3,750.00
1,700.00
1,775.00
2,850.00
15,050.00
13,500.00
14,425.00
40,325.00
12,600. 00
64,800.00
31,450.00
12,975. 00
10,025.00

104,627,788. 04

5,966,449. 54

706,635.00

422,620.00

Assessment
for examiners' fees
(sec. 5240,
R. S.).

$94,606.16
99,642.05
107,781. 73
107,272.83
110,219.88
121,777.86
130,725. 79
136,772. 71
138,969.39
161,983.68
162, 444. 59
251,966.79
238,252. 27
237,803. 51
222,858. 92
225,445. 27
244,903.62
259,164. 86
277,816.07
307,296. 63
324,598. 97
346,895. 32
388,307.39
396,766. 23
425,157. 65
429,397.75

Total.

$52,253,518.24
1,971,587.10
3,434,305.16
3,306,001.94
3,195,172.90
2,907,172.51
2,314,709.63
1,897,046.87
1,685,023.30
1,524,355.75
1,480,215.63
1,617,664.64
1,728,392.24
2,088,932.11
2,054,437.75
2,212,765.17
2,373,374.30
2,260,237.33
2,368,988. 33
2,308,322.35
2,122,748.33
2,152,027.11
2,302,696.51
2,552,915.94
2,912,787.70
3,243,268.27
3,554,128. 71
3,849,524.68

5,948,827.92 117,672,320.50

a Cost of redemption per $1,000, $0.90366.
N o . 3 4 . — T A X E S COLLECTED ON NATIONAL-BANK CAPITAL TO J U N E 1, 1883, AND FROM
1898 TO 1902; ON DEPOSITS TO J U N E 1, 1883, AND ON CIRCULATION, 1864 TO 1908.

Collected on capital to June 1, 18&3

Collected on capital under war-revenue act of 1898
Collected on deposits to June 1. 1883
Collected on circulation to June 30, 1908
Total

$7,855,887.74

7,048,413.00
60,940,067 16
104,627,788.04

180, 472,155.94

No. 35.—TAXES COLLECTED ON CIRCULATION, DEPOSITS, AND CAPITAL OF BANKS,
OTHER THAN NATIONAL, BY THE INTERNAL-REVENUE BUREAU, 1&64 TO 1883, AND
ON CAPITAL, 1898 TO 1902.
Collected
Collected
Collected
Collected

on circulation
on deposits
an capital to 1883
on capital under war-revenue act of 1898

Total




$5,487,608.82
48,802,237.39
14,986,143. 44
7,136,754.00
76,412,743.65

142

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 36.—AVERAGE AMOUNT OF NATIONAL-BANK NOTES IN CIRCULATION, AND
AMOUNT OF DUTY PAID THEREON FOR THE FISCAL YEAR ENDED JUNE 30, 1908,
BY NATIONAL BANKS IN EACH STATE AND TERRITORY.
Average
amount of
notes in circulation.

State, etc.
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut

$5,802,196.00
4,768,996.00
.4,521,773.00
30,086,989.00
3,933,938.00
12,248,682.00

497,054.00
64,405.32
419,840.95
7,251.00
67,429.88
25,279.93

201,916,296.00

Total, Eastern States.

326,570.03

90,793,868.00
12,356,012.00
80,245,845.00
1,400,683. 00
12,266,206.00
4,853,682.00

1,081,254.08

9,126, 154.00
6,717, 351.00
4,613, 293.00
2,701, 197.00
6,554, 649.00
2,758, 130.00
6,178, 997.00
2,403, 130.00
6,102, 959.00
22,449, 105.00
1,592, 593.00
13,878, 140.00
7,741, 667.00

Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

49,293.05
33,869.32
23,703. 54
13,787.97
33,647.11
13,897.12
31,264.50
12,015.66
32,774. 47
114,714.97
8,045.22
71,073.10
38,924. 57

| 92,817,365.00

199,474. 71

3,917,215.00
2,558,096.00
24,511,424.00
1,061,057.00
1,915,079.00
1,157,422.00
'
624,526.00
57,853.00

20,086.61
12,893.58
123,241.67
5,331.12
9,625.10
7,179.16
3,122.65
289.27

35,802,672.00

Total, Pacific States.

10,775,14
9,609.71
42,191.38
45,637.80
35,791.16
9,332.57
5,936.55
33,177. 27
7,023.13

39,440,222.00

Total, Western States.

822,996.73

149,547.00
921,925.00
228,184.00
033,140.00
141,828.00
859,044.00
135,707.00
566,728.00
404,119.00

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Alaska.

214,167. 94
95,055. 89
165,917.72
40,892. 48
58,158.18
59,502.60
70,643. 76
118,658.16

158,637,142.00

Total, Middle Western States.
North Dakota.
South Dakota..
Nebraska
Kansas
Oklahoma
Montana
Wyoming
Colorado
New Mexico...

477,010.00

39, 341,935.00
I 18, 587,460. 00
32 055,394.00
114, 436. 00
279.790.00
790,075.00
064,023.00
404,029.00

Total, Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin.
Minnesota.
Iowa
Missouri...

181,769.16

282,284.00
65,000.00

Hawaii
Porto Rico.
Total, island possessions




$31,489.26
24,906.03
23,501.95
164,427.17
19.671.42
62,574.20

61,362,574.00 j

Total, New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.

Total, United States

Duty paid
on circulation.

1., 411. 41
325. 00

347,284.00
. .

1,736.41

590,323,555.00

3,090,811.72

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
>

143

3 7—SPECIE AND BANK-NOTE CIRCULATION OF THE UNITED STATES IN THE YEARS
SPECIFIED FROM 1800 TO 1859.

[Prepared by Loans and Currency Division, Treasury Department.]

Year.
1800
1810....
1820....
1830....
1831....
1832....
1833....
1834....
1835....
1836....
1837....
1838....
1839....
1840....
1841....
1842....
1843
1844
1845....
1846....
1847....
1848....
1849
1850....
1851....
1852....
1853....
1854....
1855....
1856....
1857....
1858....
1859....

Number I Estimated Estimated
of banks| bank notes specie in
United
States.

506
704
713
788
829
840
901
784
692
691
696
707
707
715
751
782
824
879

"*750'
1,208
1,307
1,398
1,416
1,422
1,476

$10,500,000
28,000;000
44,800,000
61,000,000
77,000,000
91,500,000
91,500,000
94,839,570
103,692,495
140,301,038
149,185,890
116,138,910
135,170,995
106,968,572
107,290,214
83,734.011
58,563,608
75,167,646
89,608,711
105,552, 427
105,519,766
128,506,091
114,743,415
131,366,526
155,165,251
171,673,000
188,181,000
204,689,207
186,952,223
195,747,950
214,778,822
155,208,344
193,306^ 818




$17,500,000
30,000,000
24,300,000
33,100,000
32,100,000
30, 400,000
30,650,000
41,000,000
51,000,000
65,000,000
73,000,000
87,500,000
87,000,000
83,000,000
80,000,000
80,000,000
90,000,000
100,000,000
96,000,000
97,000,000
120,000,000
112,000,000
120,000,000
154.000,000
186,000,000
204,000,000
236,000,000
241,000,000
250,000,000
250,000,000
260,000,000
260,000,000
250,000,000

Money in
Per
Treasury. circulation. Population. jcapita.
$28,000,000
58,000,000
69,100,000
93,100.000
109,100;000
121,900,000
122,150,000
135,839,570
154,692,495
205,301,038
222,185,890
203,638,910
222,170,995
189,968,572
187,290,214
163,734,011
148,563,608
175,167.646
185,608,711
202,552, 427
225,519,766
240,506,091
234,743, 415
285,366,526
341,165,251
375,673,000
424,181,000
445,689,207
436,952,223
445,747,950
474,778,822
415,208,344
443,306,818

ojl,500,000
a3,000,000
a 2,000,000
5,755,705
6,014,540
4,502,914
2,011,778
11,702,905
8,892,858
a 5,000,000
0 5,000,000
a 5,000,000
2,466,962
3,663,084
987,345
230,484
1, 449,472
7,857,380
7,658,306
9,126,439
1,701,251
8,101,353
2,184,964
6,604.544
10,911,646
14,632,136
21,942,893
20,137,967
18,931,976
19,901,325
17,710,114
6,398,316
4.339,270

a Specie in Treasury, estimated.

$26,500,000
55,000,000
67,100,000
87,344,295
93,085,460
117,397,086
120,138,222
124,136,665
145,799,637
200,301,038
217,185,890
198,638,910
219,704,033
186,305,488
186,302,869
163,503,527
147,114,136
167,310,266
177,950,405
193,425,988
223,818,515
232,404,738
232,558, 451
278,761,982
330,253,605
361,040,864
402,238,107
425,551,240
418,020,247
425,846,625
457,068,708
408,810,028
438,967,542

5,308,483
7,239,881
9,633,822
12,866,020
13,221,000
13,590,000
13,974,000
14,373,000
14,786,000
15,213,000
15,655,000
16,112,000
16,584,000
17,069,453
17,591,000
18,132,000
18,694,000
19,276,000
19,878,000
20,500,000
21,143,000
21,805,000
22,489,000
23,191,876
23,995,000
24.802.000
25,615,000
26,433,000
27,256,000
28,083,000
28,916,000
29,753,000
30,596,000

$4.99
7.60
6.96
6.69
7.04
8.64
8.60
8.64
9.86
13.17
13.87
12.33
13.26
10.91
10.59
9.02
7.87
8.68
8.95
9.43
10.59
10.66
10.34
12.02
13.76
14.63
15.80
16.10
15. 34
15.16
15.81
13. 78
14. 35

144

EEPOET OF THE COMPTROLLER OF THE CURRENCY.

No. 38.—COIN AND PAPER CIRCULATION OF THE UNITED STATES FROM 1860
1908, INCLUSIVE, WITH AMOUNT OF CIRCULATION PER CAPITA.

Year
Coin, including bullion in
ended
t h e Treasury.
J u n e 30—
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
1893
1894
1895
1896...
1897
1898
1899
1900
1901
1902
1903...
1904...
1905...
1906
1907
1908

U. S. notes
and bank Total money.
notes.

$235,000,000 $207,102, 477
202,005,767
250,000,000
333, 452,079
25,000,000
25,000. 000 649,867,283
680,588,067
25,000,000
745,129,755
25,000,000
729,327,254
25,000,000
703,200,612
25,000,000
691,553,578
25,000,000
690,351,180
25,000,000
697,868,461
25,000,000
716,812,174
25,000,000
737,721,565
25,000,000
749,445,610
25,000,000
781,024,781
25,000,000
773,273,509
25,000,000
738,264,550
52,418,734
697,216,341
65,837,506
687, 743,069
102,047,907
676, 372, 713
357,268,178
691,186, 443
494,363,884
701,723,691
647,868,682
705, 423,050
703,974,839
702, 754,297
769,740,048
686,180,899
801,068,939
665,257,727
872,175,823
658,380, 470
903,027, 304
625,898,804
1,007,513,901
599,049, 337
1,092,391,690
558,059,979
1,100,612, 434
532,651,791
1,152,471,638
564,837,407
1,112,956,637
021,076,937
1,131,142,260
672,585,115
1,066,223,357
706,120,220
1,098,958, 741
704, 460, 451
1,114,899,106
702,364,843
1,097,610,190
692,216,330
1,213,780,289
075, 788, 473
1,397,785,909
681,550,167
1,508,543,738
732,348, 460
1,607,352,213
748,285,518
1,734,861,774
733,353,107
1,829,913,551
779,594,666
1,905,116,321
808,894,111
1,994,610,024
851,813,822
2,031,296,042
915,179,376
2,154,797,215
956, 457,706
2,159,103, 301
2,328,767,087 1,049,990,933

$442,102,477
452,005,767
358, 452 079
674,867; 283
705,588,067
770,129,755
754,327,254
728,200,612
716,553,578
715,351,180
722,868,461
741,812,174
762,721,565
774, 445,610
806,024,781
798,273,509
790,683,284
763,053,847
789,790,976
1,033,640,891
1,185,550,327
1,349,592,373
1,409,397,889
1, 472, 494,345
1,487,249,838
1,537,433,550
1,561, 407, 774
1,033,412,705
1,691,441,027
1.658,672,413
1,685,123,429
1,677,794,044
1, 752,219,197
1,738,808,472
1,805,078,961
1,819,359,557
1,799,975,033
I', 905,996,619
2,073,574, 442
2,190,093,905
2,339, 700,673

2, 483,147,292
2, 563,266,658
2,684, 710,987
2,803, 504,135
2,883,109,864
3,069,976, 591
3,115,561,007
3,378,764,020

"oin, bullion,
and paper
money in
Circulation.
Treasury
as assets.
$435, 407,252
448,405,767
334,697,744
595,394,038
069,641,478
55, 426,760
714,702,995
80,839,010
673, 488,244
66,208,543
661,992,069
36,449,917
680,103,661
50,898,289
664,452,891
47,655,667
675,212, 794
25,923,169
715,889,005
24,412,016
738,309,549
22,563,801
751,881,809
29,941,750
776,083,031
44,171,562
754,101,947
63,073,896
727,609, 388
40,738,964
722,314,883
60,658,3^2
729,132,634
215.009,098
818,631,793
212.168,099
973,382,228
235,354,254 1,114,238,119
235,107, 470 1,174,290,419
242,188,649 1,230,305,696
243,323,869 1,243,925,969
244,864,935 1,292,508,615
308,707,249 1,252,700,525
315,873,562 1,317,539.143
319,270,157 1,372,170^70
278,310,764 1,380,361,649
255,872,159 1, 429,251,270
180,353,337 1,497,440,707
150,872,010 1,601,347,187
142,107,229 1,596,701,245
144,270,253 1,660,808,708
217,391,084 1,601,968,473
293,540,067 1', 506, 434,966
265, 787,100 1,640, 209,519
235,714,547 1,837,859,895
286,022,024 1,904,071,881
284,549,675 2,055,150,998
307,760,015 2,175,387,277
313,876,107 2,249, 390,551
317,018,818 2,367,692,169
284, 361,275 2,519,142,860
295,227,211 2,587,882,653
333,329,963 2,736,646,628
342,604,552 2,772,956,455
340,748,532 3,038,015,488
$6,695,225

3,600,000

23,754,325
79,473,245
35,946,589

Population.

31, 443,321
32,064,000
32,704,000
33,365,000
34,046,000
34,748,000
35,469,000
36,211,000
36,973,000
37,756,000
38,55S, S71
39,555,000
40,596,000
41,677,000
42,796,000
43,951,000
45,137,000
46,853,0C0
47,598,000
48,866,000
50,155,783
51,316,000
52,495,000
53, C93,000
54,911,000
56,148,000
57,404,000
58,C80,000
59,974,000
61;289,000
62,622,2£0
63,975,000
65,520,000
66,946,000
68,197,000
69,878,000
71,: 90,000
72,9b7,000
74,522,000
76,148,000
76,295,220
77,754,000
79,117,000
80,487,000
81,867,000
83,260,000
84,662,000
86,074,000
87,496,000

TO

Circulation
per
capita.
$13.85
13. 98
10. 23
17.84
19.67
20. 57
18.99
18. 28
18. 39
17. CO
17. £0
18.10
18.19
18.04
18.13
17.16
16.12
15.58
15.32
16. 75
19.41
21.71
22.37
22.91
22.05
23.02
21.82
22.45
22.88
22.52
22.82
23.41
24.44
23.85
24.28
22. 93
21.10
22.49
24.66
25.01
26.94
27.98
28.43
29.42
80.77
31.08
32.32
32.22
34.72

NOTE 1.—Specie payments were suspended from Jan. 1,1862, to Jan. 1,1879. During the greater part
of that period gold and silver coins were not in circulation except on the Pacific coast, where, it is estimated, the specie circulation was generally about $25,000,000. This estimated amount is the only coin
included in the above statement from 1862 to 1875, inclusive.
NOTE 2.—In 1876 subsidiary silver again came into use, and is included in this statement, beginning
with that year.
NOTE 3.—The coinage of standard silver dollars began in 1878, under the act of Feb. 28,1878.
NOTE 4.—Specie payments were resumed Jan. 1,1879, and all gold and silver coins, as well as gold and
silver bullion in the Treasury, are included in this statement from and after that date.
NOTE 5.—The Director of the Mint recently made a revised estimate of the stock of gold coin and, as
a consequence of such revision, the estimated stock of gold in the United States and of gold coin in
circulation has been reduced $135,000,000 in thefiguresfor 1907.




145

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 39.—STATE-BANK NOTES OUTSTANDING, TOTAL MONEY IN UNITED STATES, AND
PERCENTAGE OF BANK NOTES TO TOTAL MONEY, FROM 1800 TO 18G3, INCLUSIVE.

Year.

1800
1810
1820
1830.
1831
1832
1833
1834
1835
1836
1837
1838
1839
1840
1841
1842
1843
1844
1845.

Per cent
bank
Total money Estimated
in United
bank notes notes to
States.
outstanding. total
money.
$10,500,000
28,000,000
44,800,000
61,000,000
77,000,000
91,500,000
91,500,000
94,839,570
103,692,495
140,301,038
149,185,890
116,138,910
135,170,995
106,968,572
107,290,214
83,734,011
58,563,608
75,167,646
89,608,711

$28,000,000
58,000,000
69,100,000
93,100,000
109,100,000
121,900,000
122,150,000
135,839,570
154,692,495
205,301,038
222,185,890
203,638,910
222,170,995
189,968,572
187,290,214
163,734,011
148,563,608
175,167,646
185,608,711

37.50
48.27
64.83
65.54
70.57
75.06
74.90
69.81
67.01
68.33
67.14
57.03
60.84
56.30
57.28
51.13
39.39
42.91
48.27

a Other paper currency, $149,652,079.

Year.

1846....
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856
1857
1858
1859
1860
1861
1862..
1863

Total money Estimated
in United
bank notes
outstanding.
States.

Per cent
bank
notes t o
total
money.

$202,552,427 $105,552,427
225,519,766
105,519,766
240,506.091
128,506,091
234,743, 415
114,743,415
285,366,526
131,366,526
341,165,251
155,165,251
375,673,000
171,673,000
424,181,000
188,181.000
445,689,207
204,689,207
436,952,223
186,952,223
445,747,950
195,747,950
474,778,822
214,778,822
415,208,344
155,208,344
193,306,818
443,306,818
460,102,477
207,102,477
452,005,767
202,005,767
358,452,079 0 183,800,000
674,867,283 b238,700,000

52.11
46,78
53.43
48.87
46.03
45.48
45.69
44.36
45.92
42.78
43.91
45.23
37.38
43.60
45.01
44.69
51.27
35.37

b Other paper currency, $411,167,283.

No. 40.—TOTAL MONEY IN UNITED STATES, NATIONAL-BANK NOTES OUTSTANDING,
AND PERCENTAGE OF BANK NOTES TO TOTAL MONEY, ON JUNE 30, 1864 TO 1908,
INCLUSIVE.
:

Percentage of !
national-!
Total money in
^
^ bankcir- j
T
T nitpri QtotPQ
t>ailK CirCU- culation :
Lmted States. i
,
lation>a
to total
currency.
i

Year.

1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880.
1881
1882
1883...
1884
1885
1886

!

$705,588,067
770,129,755
754,327,254
728,200,612
716.553,578
715,351,180
722,868,461
741,812,174
762,721,565
774,445,610
806,024,781
798,273,509
790,683,284
763,053,847
789,790,976
1,033,640,891
1,185,550,327
1,349,592,373
1,409,397,889
1,472,494,345
1,487,249,838
1,537,433,550
1,561,407,774

1 $58,813,980
204,635,205
293,086,959
299,094,824
300,116,958
299,724,791
301,859,275
324,475.207
340,990,825
348,347,674
348,785,906
343,176,018
332,998,336
317,048,872
324,514,284
329,691,697
344,505,427
355,042,675
358,742,034
356,815,510
339,499,833
319,069,932
309,010,460

i
1
j
i
!
i
I
!
j
1
!
!
j
1
!
j
1
I
!
|
!

i

•

8.33 :
26.57
38.84
41.08
41.86
41.89
41.76
43.74
44,71
44.98
43.27
42.99
42.11 !
41.55
41.09
31.89 I
29.06
26.31 !
25.45
24.23 ,
22.83 i
20.75
19. 79
i

Year.

Total money in
United States.

Nationalbank circulation.a

1887
1888
1889
1890
1891
1892
1893
1894
1895......
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908

$1,633,412,705
1,691,441,027
1,658,672,413
1,685,123,429
1,677,794,044
1,752,219,197
1,738,808,472
1,805,078,961
1,819,359,557
1,799,975,033
1,905,996,619
2,073,574,442
2,190,093,905
2,339,700,673
2,483,147,292
2,563,266,658
2,684,710,987
2,803,504,135
2,883,109,864
3,069,976,591
3,115,561,007
3,378,764,020

$279,217,788
252,362,321
211.378,963
185,970,775
167,927,574
172,683,850
178,713,692
207,353,244
211,691,035
226,000,547
231,441,686
227,900,176
241,350,871
309,640,443
353,742,186
356,672,091
413,670,650
449,235,095
495,719,807
548,883,608
603,788,690
665,844,987

a October 31,1864 to 1875, June 30,1876 to 1908.

C22S0—CUR 1908




10

Percentage of
nationalbank circulation
to total
currency.
17.09
14 92
12. 74
11.04
10.01
9.86
10. 28
11.48
11.63
12. 55
12.14
10.99
11.02
13.23
14.25
13.91
15.41
16.02
17.19
17.88
19.38
19.70

146

REPOBT OF THE COMPTROLLER OF THE CURRENCY.

No. 41.—NUMBER, CAPITAL STOCK PAID IN, CIRCULATION OUTSTANDING, AND AGGREGATE ASSETS OF NATIONAL BANKS AT DATE OF EACH REPORT FROM OCTOBER,
1863, TO SEPTEMBER 23, 1908, TOGETHER WITH THE TOTAL AMOUNT OF MONEY IN
THE UNITED STATES ON JUNE 30, 1863, TO 1908, AND THE PERCENTAGE OF
NATIONAL BANK CIRCULATION TO CAPITAL, TO ASSETS, AND TO MONEY IN THE
COUNTRY.

[Amounts in millions of dollars.]
Date.

Number of
banks.

Paid in

capital.

Money
Circula- Aggregate j
in
tion.
resources. United
States.

1863.
October 5

16.7

1864.
January 4
April 4
July 4
October 3

139
307
467
508

14.7
42.2
75.2
86.7

1865.
January 2
April 3
July 3
October 2

638
907
1,294
1,513

135.6
215.3
325.8
393.1

66.7
98.8
131.4
171.3

512.5
771.5
1,126.4
1,359.7

1866.
January 1
April 2
July2
October 1

1,582
1,612
1,634
1,644

403.3
409.2
414.2
415.4

213.2
248.8
267.7
280.2

1,404.7
1,442.4
1,476.3
1,526.9

1867.
January 4 . , . .
April 1
July 1
October 7 —

1,648
1,642
1,636
1,642

420.2
419.3
418. 5
420.0

291.4
292.7
291. 7
293.8

1,511.2
1,465.4
1,494.0
1,499.4

January 6.
April 6
July 6
October 5 .

1,642
1,643
1,640
1, 643

420. 2
420. 6
420.1
420.6

294.3
295.3
294. 9
297.7

1,502. 6
1,499. 6
1,572.1
1,559.6

1869.
January 4
April 17
June 12
October 9

1,628
1,620
1,619
1,617

419.0
420.8
422.6
426.3

294.4
292. 4
292.7
293.5

1,540.3
1,517.7
1,564.1
1, 497.2

Octobers
December 2 8 ,

1,615
1,615
1,612
1,615
1,648

426.0
427.5
427.2
430.3
435.3

292.8
292.5
291.1
291.7
296.2

1,688
1,707
1,723
1,767
1,790

444.2
446.9
450.3
458.2
460.2

301.7
306.1
307.7
315.5
318. 2

1,627.0
1,694.4
1.703.4
1.730.5
1,715.8

1872.
February 27..
April 19
June 10
October 3
December 27.

1,814
1,843
1,853
1,919
1,910

464. 0
467. 9
470. 5
479. 6
482. 6

321.6
325.3
327.0
333.4
336.2

1873.
February 28..
April 25
June 13
September 12.
December 26.

1,947
1, 962
1,968
1,976
1,976

484.5
487.8
490.1
491.0
490.2

1874.
February 27
May 1
June 26
October 2
December 31

1,975
1,978
1,983
2,004
2,027

490.8
490.0
491.0
493.7
495.8

1870.
January 22...
March 24
June9

»•




I

0.03
9.7
25.8
45.2

37.6
114.8
252.2
297.1

Capital.

Money
Assets. in United
States.

674.8

1,546.2
1, 529.1
1,565.7
1,510.7
1,538.9

1871.
March 18
April 29
,
June 10
,
October 2
December 16 .

Percentage of circulation to—

23.0
34.4
52.1

8.5
10.2
15.2

49.2
45.9
40.3
43.5

13.0
12.8
11.7
12.6

52.8
60.8
64.6
67.4

15.2
17.2
18.2
18.3

69.3
69.8
69.7
69.9

19.3
19.9
19.5
19.6

70.4
70.2
70.2
70.3

19.6
19.7
18.8
18.9

70.2
69.4
69.2

19.1
19.2
18.7
19.6

68.7
68.4
68.1
67.8
68.0

18.9
19.1
18.6
19.3
19.2

67.9
68.5
68.3
68.8
69.1

18.5
18.1
18.1
18.2

1,719.4
1,743.6
1,770.8
1,755.8
1,773.5

69.3
69.5
69.5
69.5
69.6

18.7 i
18.6
18.5
18.9
18.9

42.9

336.2
338.1
338.7
339.0
341.3

1,839.1
1,800.3
1,851.2
1,830.6
1, 729. 3

67.3
69.3
69.1
69.0
69.6

18.3
18.8
18.3
18.5
19.7

43.7

339.6
340.2
338.5
333.2
331.1

1,808.5
1,867.8
1,851.8
1,877.1
1, 902.4

69.2
69.4
68.9
67.5
66.8

18.7
18.2
18.2
17.7
17.4

42.0

705.5

770.1

754.3

728.2

716.5

715.3

741.8

774.4

6.0 I

3.7

17.0

35.5

40.0

41.1

40.9

40.3

41.5

18.5 I

147

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 41.—NUMBER, CAPITAL STOCK P A I D IN, CIRCULATION OUTSTANDING, AXD AGGREGATE ASSETS OF NATIONAL BANKS, ETC.—Continued.

Money
in
United
States.

Percentage of circulation to—

Date.

Number of
banks.

Paid in
capital.

1875.
March 1
May 1
June 30
October 1
December 17

2,029
2,046
2,076
2,088
2,086

496.2
498.7
501.5
504.8
505.4

324.5
323.3
318.1
318.3
314.9

1,869.8
1,909.8
1,913.2
1,882.2
1,823.4

798.2

65 4
64.8
63.4
63.0
62.3

17 3
16 9
16.6
16 9
17.3

39.8

2,091
2 089
2,091
2 089
2,082

504.8
500. 9
500.3
499.8
497.4

307.4
300.2
294.4
291.5
292.0

1,834.3
1, 793. 3
1,825.7
1,827.2
1,787.4

790.6

60.9
59 9
58.8
58 3
58.7

16.7
1(3 8
16.1
15 9
16.3

37.2

2,083
2 073
2,078
2,080
2 074

493.6
489.6
481.0
479.4
477.1

292.8
294 7
290.0
291.8
299.2

1,818.1
1,796.1
1,774.3
1,741.0
1.737.2

763.0

59.3
60 2
62.3
60.9
62 7

16 1
16 4
16.3
16 8
17 2

38.0

2,063
2, 059
2,056
2,053
2,055

473.9
471.9
470.3
466.1
464.8

' 300.9
301.8
299.6
301.8
303.3

1,729.4
1,741.8
1,750.4
1,767.2
1,742.8

789.7

63 5
63.9
63.7
64 7
65.2

17 4
17 3
17.1
17 1
17 4

37.9

June 14

October 2
December 12 .

2 051
2,048
2,048
2 048
2,052

462 0
455.6
455. 2
454 0
454.4

303 5
304.4
307.3
313 7
321.9

1,800.5
1,984. 0
2,019.8
1,868.7
1,925.2

1,033.6

65 7
66.8
67.5
69 1
70.8

16 8
15.3
15.2
16 8
16.7

29." 7

1880.
February 21
April 23
June 11
October 1 .
December 31

2,061
2, 075
2,076
2,090
2,095

454.5
456.0
455.9
457.5
458.5

320.3
320.7
318.0
317.3
317.4

2,038. 0
1,974.6
2,035.4
2,105.7
2, 241. 6

1,185.5

70.5
70 3
69.7
69 3
69 2

15 7
16 2
15.6
15 1
14 1

26.8

1881.
March 11
May 6
J u n e 30
October 1
December 31

2,094
2,102
2,115
2,132
2,164

458.2
459.0
460.2
463.8
465.8

298.5
309.7
312.2
320.2
325.0

2,140.1
2,270.2
2,325.8
2,358.3
2,381.8

1,349.5

65.1
67 5
67.8
69.0
69 8

13 9
13 6
13.4
13 6
13 6

23.1

1882.
March 11
. . .
May 19
July 1
October 3
December 30

2 187
2,224
2,239
2 269
2,308

469 3
473. 8
477.1
483 1
484.8

323 6
315. 6
308.9
314 7
315.2

2,309 0
2,277.9
2,344.3
2 399 8
2,360. 7

i, 409. 3'

68 9
66.6
64.7
6i 1
65.0

14 0
13 9
13.1
13 1
13 3

21.9

1883.
March 13
May 1.
. . .
J u n e 22
October 2
December 31

2, 343
2 375
2,417
2, 501
2, 529

490.4
493.9
500. 2
509. 6
511.8

312.7
313 5
311.9
310.5
304.9

2,298.9
2 360 1
2,364.8
2,372.6
2,445. 8

1,472.4

63. 7
63 5
62.3
60.9
59.6

13 6
13 3
1&2
13 1
12 5

2i.*2

1884.
March 7
April 24
June 20
September 30
December 20

2 563
2,589
2,625
2,664
2,664

515 7
518.4
522.5
524 2
524. 0

298 7
297.5
295.1
289.7
280.1

2 390.5
2,396.8
2,282. 5
2 279 4
2,297.1

1,487.2

57 9
57 4
56.5
55 3
53.4

12 4
12 4
12.9
12 7
12 2

19.8

2,671
2 678
2,689
2,714
2,732

524.2
525 1
526. 2
527.5
529. 3

274.0
273 7
269.1
268.8
267.4

2,312.7
2 346 6
2,421.8
2,432.9
2,457. 6

1,537.4

52 3
52 1
51.1
50.9
50.5

11 8
11 7
11.1
11 0
10 9

17.5

.

1876.
March 10
May 12
June 30
October 2
December 22
1877.
January 20
April 14
June 22
October 1
December 28

*

1878.
March 15
.
May 1
June 29
October 1
December 6

. .

1879.
January 1
April 4

1885.
March 10
May 6
. .
July 1
October 1
December 24

..




Circula- Aggregate
resources.
tion.

Capital.

Assets.

Money
in United
States.

148

REPORT OF T H E

COMPTROLLER OF T H E

CURRENCY.

No. 41.—NUMBER, CAPITAL STOCK P A I D IN, CIRCULATION OUTSTANDING, AND AGGREGATE ASSETS OF NATIONAL BANKS, ETC.—Continued.

Date.

beTof ! Paid in
banks.

Money
in
United
States.

Circula- Aggregate
tion.
resources.

1886.
March 1
June 3
August 27
October 7
December 28.

2,768
2,809
2,849
2,852
2,875

533.3
539.1
545.5
548.2
550.6

1887.
March 4
May 13
August 1
October 5
December 7..

2,909
2,955
3,014
3,049
3,070

555.3
565.6
571.6
578.4
580.7

186.2
176.7
166.6
167.2
164.9

2,581.1
2, 629.3
2,637.2
2,620.1
2,624.1

1888.
February 14..
April 30
,
June 30
October 4
December 12.

3,077
3,098
3,120
3,140
3,150

582.1
585.4
588.3
592.6
593.8

159.7
158.8
155.3
151.7
143.5

1889.
February 26..
May 13
July 12
September 30.
December 11.

3,170
3,206
3,239
3,290
3,326

596.5
599.4
605.8
612. 5
617.8

1890.
February 28..
May 17
July I8..1
October 2
December 19 .

3,383
3,438
3,484
3, 540
3,573

1891.
February 26..
May 4..'.
July9
September 25.
December 2..

I Percentage of circulation to—
Money
in United
States.

Capital.

48.2
45.4
43.6
41.7
36.6

10.3
9.9
9.7
9.1

15.7

1,633. 4

33.5
31.2
29.1
28.9
28.4

7°
66
6.3
64
6.3

10.2

2,664.3
2,732. 4
2,731.4
2,815. 7
2,777.5

1, 691.4

27.4
27.1
26.4
25.6
24.1

6.0
58
5.7
54
5.2

9.2

137.2
131.1
128.8
128.4
126.0

2,837.4
2,904.9
2,937.9
2,998.2
2,933.6

1,658.6

23.0
21.9
21.2
20.9
20.4

4.8
4.5
4.4
4.3
43

7.8

626.5
635.0
642.0
650.4
657.8

123.8
125.7
126.3
122.9
123.0

3,003.3
3,010.2
3,061.7
3,141.4
3,046.9

19.7
19.8
19.7
18.9
18.7

4.1
4.1
4 1
3.9
4 0

3,601
3,633
3,652
3,677
3,692

662.5
667.7
672.9
677.4
677.3

123.1
123.4
123.9
131.3
134.7

3,065.0
3,167.4
3,113. 4
3,213.0
3,237. 8

18.6
18.5
18.4
19.4
19.9

4.0

1,677.7

1892.
March 1
May 17
July 12
September 30.
December 9..

3,711
3,734
3,759
3,773
3,784

679.9
682.2
684.6
686.5
689.6

137.6
140.0
141.0
143.4
145.6

3, 436.6
3,479.0
3,493.7
3,510. 0
3,480. 3

1,752.2

20.2
20.5
20.6
20.9
21.1

4.0
40
4.6
4.1

1893.
March 6
May 4
July 12
October 3
December 19.

3,806
3,830
3,807
3,781
3,787

688.7
685.7
678.5

149.1
151.6
155. 0
182.9
179.9

3,459.7
3.432.1
3.213.2
3,109. 5
3.242.3

1,738.:

21.6
22.0
22.6
27.0
26.4

4.3
4.4
4.8
5.8
5.5

8.9

1894.
February 28
May 4..'.
July 18
October 2
December 19

3,777
3,774
3,770
3,755
3,737

678. 5
675.8
671.0
668.8
666. 2

174.4
172. 6
171.7
172.3
169.3

3,324.7
3,433.3
3, 422.0
3,473.9
3,423. 4

1,805.0

25.5
25.5
25.6
25.7
25.4

5.2
5.0
5.0
4.9
4.9 I

9.5

1895.
March 5
May 7
July 11
September 28 ,
December 13.

3,728
3,711
3,715
3,712
3,706

662.1
659.1
658. 2
657.1
656.9

169.7
175. 6
178.8
182.4
185.1

3,378.5
3,410.0
3,470.5
1,819.3
3,423.6
3,423.5 !

25.6
26.6
27.2
27.7
28.2

5.0
5.1
5.1
5.3
5.4

1896.
February 28...
May 7
July 14
October 6
December 17.,

3,699
3, 694
3,689
3,676
3,661

653.9
652.0
651.1
648.5
647.1

187.2
197.3
199.2
209.9
210.6

3,347.8
3.377.6
3.353.7
3,263.6
3,367.1

28.6
30.2
30.6
32.3
32.5

5.5
5.8
5.9
6.4
6.2

1,685.1

4.0
4 1

7.5

7.3

4 *>

8.1

A *>

I




|
I 1,799.9
i
!

11.0

KEPORT OF THE COMPTROLLER OF THE

CURRENCY.

149

No. 41.—NUMBER, CAPITAL STOCK PAID IN, CIRCULATION OUTSTANDING, AND AGGREGATE ASSETS OF NATIONAL BANKS, ETC.—Continued.
Money
in
United
States.

Percentage of circulation t o -

Number of
banks.

Paid i n
capital.

3,634
3 614
3,610
3,610
3,607

642.4
637 0
632.1
631.4
629.6

202.6
198.2
196.5
198.9
193.7

3,446.0
3,492.4
3,563.4
3,705.1
3,829.2

1,905.9

31.5
31.1
31.1
31.5
30.7

5.9
5 7
5.5
5.4
5.1

10.3

1898.
February 18
May 5
Julvl4
September 20
December 1

3,594
3 586
3,582
3,585
3,590

628.8
624 4
622.0
621.5
620.5

184.1
188 4
189.8
194.4
207.0

3,946.9
3 869 9
3,977.6
4,003.5
'4,313.3

2,073.5

29.3
30 2
30.5
31.3
33.4

4.8
49
4.8
4.9
4.8

9.2

1899.
February 4
April 5
June 30
Seo^ember 7
December 2

3, 579
3 583
3 583
3 595
3,602

608.3
607 2
604.8
605 7
606.7

203.6
203. 8
199.3
200 3
204.9

4,403.8
4 639 1
4,708.8
4 650 3
4,475.3

2,190.0

33.4
33 6
32.9
33 1
33.8

4? 4
4 6
•*4. 2
4 3
4 5

9.1

3,604
3,631
3, 732
3,871
3,942

613.0
617.0
621.5
630.2
632.3

204.9
236.2
265.3
283.9
298.9

4,674.9
4,811.9
4,944.1
5,048.1
5,142. 0

2,339.7

33.4
38.3
42.7
45 0
47.3

4.4
4 9
5.4
5 6
5.8

11.3

3,999
4,064
4,165
4,221
4 291

634.6
640.7
645.7
655.3
665 3

309.4
317.2
319.0
323.8
319 4

5,435.9
5,630.7
6,675.9
5,695.3
5 722 7

2,483.1

48.7
49.5
49.4
49.4
48 0

5.7
5.6
5.6
5.7
5 6

12.8

4, 357
4,423
4, 535
4 601
4,666

667.3
671.1
701.9
705 5
714.6

314.4
309.7
309. 3
317 9
336.5

5,843.0
5, 962.1
6,008. 7
6,113 9
6,104.0

2,563. 2

47.1
46.1
44.0
45 1
47.1

5.4
5.2
5.1
5 2
5.5

12.1

4,706
4,845
4,939
5,042
5,118

731.2
734.9
743.5
753. 7
758.3

335. 2
335.0
359. 2
375.0
376.2

6,234.7
6, 212.7
6,286.9
6,310.4
6,302.2

2,684.7

45.8
45.6
48.3
49.8
49.6

5.4
5.4
5.7
5.9
5.9

13.4-

5,180
5 232
5,331
5 412
5,477

765.8
765. 9
767.3
770 7
776.1

380. 9
385.9
399. 5
411 2
419.1

6,576.8
6,605.9
6,655.9
6 975 0
7,197.0

2,803.5

49.7
50.3
52.1
53 4
54.0

5.9
5.8
6.0
5 9
5 8

14.2

5,528
5, 587
5,668
5,757
5 833

776.9
782.5
791.6
799.9
808 3

424.3
431.0
445.5
469.0
485 5

7,117.8
7,308.1
7,327.8
7,472.3
7,563 2

2,883.1

54.6
55.1
56.3
58.6
60.1

6.0
5.9
6.1
6.3
6.4

15.5

5,911
5 975
6,053
6 137
6* 199

815.0
819 3
826.1
835 1
847 5

498.2
505 5
510. 9
518 0
536 1

7, 769.8
7,670 6
7,784.2
8 016 0
8,213.0

3,069. 9

61.1
61.7
61.8
62 0
63.3

6.4
6.6
6.6
6 5
6.5

16.6

6,288
6,344
6,429
6,544
6 6°5

860.9
873.7
883.7
896.5
901 6

545.5
543.3
547.9
551.9
C01 8

8,154. 8
8,288.2
8,476. 5
8,390.3
8 407 9

3, 251.3

63.3
62.2
62.0
61.6
66 7

6.7
6.5
6.5
6.6
7.2

le.s

6 6%
6 778
6^ 824

905 5
912 3
919.1
921.4

6'>7 6
614 0
613.6
613.7

8 396 8
8 594 6
8,714.6
9,027.2

3,378.7

69 3
67.3
66.8
66.6

7.5
7.1
7.0
6.8

Date.

1897.
March 9
May 14
July 23
October 5
December 15

. .

1900.
February 13
April 26
June 29
December 13 . . . .
1901.
February 5
April 24
. .
July 15
September 30
December 10
1902.
February 25
April 30
July 16
September 15
November 25
1903.
February 6
April 9
June 9 . . . .
September 9
November 17
1904.
January 22
March 28
June 9
November 10
1905.
January 11
March 14
May 29
August 25
November 9
1906.
January 29
April 6
June 18
SeDtember 4
November 12
1907.
January 26
March 22
May 20
August 22
December 3
1908.
F e b r u a r y 14
May 14
J u l v 15
September 23

...




Circulation.

Aggregate
resources.

Capital.

Assets.

Money
in United

States.

18.2

150

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 42.—UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATING NOTES OF
NATIONAL BANKS FOR THE YEARS ENDED OCTOBER 31, FROM 1882 TO 1908, INCLUSIVE, AND THE CHANGES WHICH OCCURRED IN THE SEVERAL CLASSES OF BONDS.
United States bonds held as security for circulation.

Year.

1882
1883
1884
1885
1886
1887
1888
1889!!!..
1890
1891
1892
1893
1894.....

1895

1896

1897

1898

1899

1900

1901

1902

Number of
per cent 4 per cent
banks. 4Jbonds.
bonds.

3 per cent
bonds.

Pacific 6
per cent
bonds.

Total

I $40,621, 950
2, 301 $33,754, 650 $104,927, 500 { 179,675, 550 [S3 526, 000 $362, 505, 650
000
2, 522 41,319, 700 106,164, 850 ( 261,327' 700 1 3 463, 000 352, 877, 300
49,537, 450 116,705, 450 155,604, 400
3 469, 000 325, 316, 300
2, 671
3 505,000 308, 364, 550
2 727 49,547, 250 116,391, 650 138,920, 650
3 586,000 245, 444, 050
2, 868 57,436, 850 115,383, 150
69,038, 050
3 250 000 188, 828, 000
144; 500
3, 061 69,696, 100 115,731,400
3 468 000 170, 003, 350
3! 151 66,121, 750 100,413, 600
4 553 000 145, 668, 150
3 319 41,066, 150 100,049, 000
6 672 000 140, 190, 900
3, 567 28,116, 7001 105,402, 200
f 199, 400 ]
3 ; 694 1 Continued >120,858, 850
10 244, 000 152, 950, 350
I at2p.ct.,
I 21,648,100
11 852 000 164, 883, 000
3, 788 21,897, 850 131,133, 150
12 426 000 176, 588,250
3 ; 796 22,020, 550 142,141, 700
(L 0 a n of
3,756 22,749, 900 155,932, 450 I 1904,5 per- • 1 4 043, 000 199, 706, 200
1 cents,
[ 6,980, 850
Consols of
1907
149,342, 350
14,016, 850 11 997 000 111, 717, 800
3, 715 22,505, 100 Loan of
1895
13,856, 500
Consols of
1907,
16,038, 850 10 ,386 000 241, 103, 350
3 679 22,673, 850 155,473,000
L o a n nf
1895
30,531 650
Consols of
1907,
15,910, 050
9 ,030 000 227 742 550
3 617 22,039, 650 150,288 100
L o a n of
1895
30,474 150
Loan of
/Consols>of 1898,3 per1907
cent s,
31,006,120 • 2 ,906 000 235 618 470
3 598 22,047 750 )139,430n 050 L 0 a n of
1 L 0 a of
1895
1904, 5 perI 23,990;650
cent s,
16,231 900
Consols of
1907
Loan of L o a n of
1904,5
3 595 20,907 600 128,822 050 1898,3 per' L o a n of
percents, 232 463 160
cents.
1895
49,825 160 14 ,665 ,600
18,242 750
'Consols3 of
1907
f 1,019 950
JConsol 3 of 13,544 100
1 ,293 ,000 301 123 580
7,756 580
3 871 1 1930
of
1895
[270,006 600
7,503 350
Consols of
12 500
1907
fI
6,032 000
3,983 780
268 ,900 329 833 930
4 ,221 1 Consol i Of
1930
Loan of
1895
[316,625 650
2,911 100
Consols of
1907
8,248 450
1 ,100 ,900 338 352 670
6,056 720
4 ,601 320,738 ,000
L 0 a n Of
1895
2,208 1600




United
State.3
bonds held
for other
purposes
at nearest
date.

/I

VTi.tli.UAjL

total.

$37, 563, 750 $400, 069, 400
30, 674, 050 383, 551, 350
30, 419, 600 355, 735, 900
31, 780, 100 340, 144, 650
32, 431 400 277, 875, 450
34, 671 350 223, 499, 350
60 715 050 230, 718, 400
48 501 200 194, 169, 350
30, 684 000 170, 874, 900
24, 871 950 177, 822, 500
20 164 250 185,047 250
17 576 950 194, 165, 200
25 888 200 225,594 400

26 118 350 237, 836,150

25 135 500 266 238 850

32 ,490 ,65(

260 233 200

114 ,540,240 350 ,158 ,710

100 ,305 ,200 332 ,763 ,360

113 ,859 ,250 414 ,982 ,830

115 ,003,660 444 837 ,590

132 ,693,250 471 ,045 ,920

151

REPORT OP THE COMPTROLLER OF THE CURRENCY.

No. 42.—UNITED STATES BONDS ON DEPOSIT TO SECURE CIRCULATING NOTES OF
NATIONAL BANKS FOR THE YEARS ENDED OCTOBER 31, FROM 1882 TO 1908, ETC.—

Continued.
United k States bonds held as security for circulation.
Year.

1903

1904.....

1905

1906

1907

1908.....

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

j
3 per cent
bonds.

Pacific 6
per cent
bonds.

Total

United
States
bonds held
for other
purposes
at nearest
date.

Grand
total.

Consols of
1907,
[2 per cent
2,979,200
$718,650 $382 726, 830 $141,177,680 $523
5,147 J consols of L o a n of j • $1,797, 580
1 1930,
1895,
[376,003,300
1,410,100
Consols of i
1907,
1,922 940
426 544,790 121,812,810 548
5,495 416,972,750 5,857,500;
L o a n of i
1895, i
1,791,600,
Consols of
1907, |
4,050,350; - 2,215 540
493 912, 790 73,888,980 5G7
5,858 483,181,900
1 L o a n of
1895,
I 4, 465,000;
(Consols of
[ 2 per cent
"
1907,
25,124,650
492,170,650 I L o a n of
6,225
3,273 700 J Panama |539 653, 180 104,759,730 644
1 Canal,
1895,
[ 14,482,080 j
4,602,100
L o a n of
1895,
6,620 532,543,550
6,490 080 17,245.380 507 011 910 103,019,490 670
( 10,732,900
38,£58,080
13,936.500
Certifi10,468 520 cates of in- 632 624, 850 89,033,690 721
6,873 554,700,700 14,960,450
debtedness 3 per
cent.




904,510

357,600

801,770

412,910

014,400

658,540

No. 43.—PROFIT ON NATIONAL-BANK CIRCULATION, BASED ON A DEPOSIT OF $100,000 UNITED STATES CONSOLS OF 1930, AT THE AVERAGE NET
PRICE, MONTHLY, DURING THE YEAR ENDED OCTOBER 31,

Receipts.
Date.

Circula
Cost of
bonds. tion obtain I
able.

1908.

to

Deductions.
Net

Interest
on cirInterest
culation
on bonds.
at 6 per
cent.

Gross
receipts.

Tax.

Expenses.

Sinking
fund.

Total.

$62.50
62.50

$131.71
102.95

$694.21
6C5. 45

$7,305.79
7,334.55

97.98
90.98
91.12
87.21
86.26
91.72
87.53
85.48
83.84
90.77

660. 48
653.48
653.62
649.71
648.76
654. 22
650.03
647.98
646. 24
653.27

7,339.52
7,346.52
7,346.38
7,350.29
7,351.24
7,345.78
7,349.87
7,352.02
7,353.66
7,346.73

Interest
on cost of
bonds at 6
per cent.

Profit on circulation in excess of
6 per cent on the
investment.

Amount.

Per
cent.

1907.
November.
December..

$106,126
104,756

$100,000
100,000

$2,000
2,000

$6,000
6,000

$8,000
8,000

$500
500

104,496
104,140
104,125
103,921
103,852
104,068
103.856
103,740
103,643
103.917

100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000

2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000

8,000
8,000
8,000
8,000
' 8,000
8,000
8,000
8,000
8,000
8,000

500
500
500
500
500
500
500
500
500
500

$6,367.56
6,285.36

$938.23
1,049.19

0.884
1.002

6,248.40
6,247.50
6,235.26
6,231.12
6,244.08
6,231.36
6,224.40
6,218.58
6,235.02

1,069.76
1,098.12
1,098.88
1,115.03
1,120.12
1,101.70
1,118.61
1,127.62
1,135.08
1,111.71

1.024
1.054
1.055
1.073
1.079
1.059
1.077
1.087
1.C95
1.070

1908.
January
February...
March
April
May
June
July
August
September.
October




62.50
62, 50
62.50
62.50
62. 50'
62.50
62.50
62.50
62.50
62.50

Or

2
w
a
o
o
g

d
w
i
o

REPORT OF THE COMPTROLLER OF THE CURRENCY.

153

No. 44.—DATES OP REPORTS OF CONDITION OF NATIONAL BANKS FROM 1869 TO 1908.
Year.

1869 «
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908

Jan. Feb.

Mar.

Apr. M a y . June. July. Aug. Sept. Oct. Nov. Dec.

4
. .

J

;

-1
"

18

25
1
1
12

14

;

15
21 i

'
i
14

26
28
26

...

1

4
23

K

1

.

29
19

10

'
20 i
'

11
11
13
7
10
1
4

6
19
1

24
6
Id

-I 30
1
..1 . ..

1

1

6 ! . -

28
5 i

28

11
30
22
20

14

22
11
29
26

5 1..

28
14

14

22

{

1
30

1
27
1

29

6
i 20

14

7 : .

30
95

30

2!

3
2 I

1

28
6 i

5
20
...

15

i
18 •
1
|

1
5

12
18

16

7!
5 '•
30 !
15

1

6

31
31
30
31
20
24
28
7
12
11
19
2
9
19
19
13
17
15
1
2
13
10

17
10

4]

9
12

22
15;

28
6

95

9:
25

26
31
17

12

4 '

23 i
14 >

9
9

27

'
i. .
i
!

2 ['•
1
1 i
3 !
2

29

24
30 .
9 i.. -

2
1
2
1

i

30

26 l

28
16

i 12

9 '
12 i
12 .
18 !
11 j

i
3
17
4
17
4
4
7

'

2 i
3!

3
30

•

<^

14

9

5
25
6

9

26
30
30
22
29
14

18
4
13

1

12
9
10
10
13

24

27
i 2R i
27 !

'
.

17

22
. 1

3

23 1

a Prior to the passage of the act of March 3,1869, reports were made quarterly—first Monday of January, April, July, and October.




154

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 45.—ABSTRACT OF THE RESOURCES AND LIABILITIES OF THE NATIONAL BANKS
AT CLOSE OF BUSINESS SEPTEMBER 23, 1908, THE CONDITION OF BANKS IN N E W
YORK CITY, IN THE THREE CENTRAL RESERVE CITIES, IN OTHER RESERVE CITIES,
AND OF THE COUNTRY BANKS.
Central reserve cities.
New York.

New York,
Chicago, and
St. Louis.

Other reserve
cities.a

Country banks.

Aggregate.

KESOURCES.
Loans and discounts
Overdrafts
Bonds to secure circulation
U. S. bonds to secure
deposits
Other bonds to secure
deposits
U. S. bonds on h a n d . . . .
Premiums
Bonds, securities, e t c . . .
Banking house, furniture, and fixtures
Other real estate and
mortgages owned
Due
from
national
banks, not reserve
agents
Due from State banks
and bankers
Due from reserve agents.
Checks and other cash
items
Exchanges for clearing
house
Notes of other national
banks
Fractional
currency,
nickels, and cents
Specie
Legal-tender notes
Redemption fund
Due from U. S. Treasurer
Total

$905,653, 474. 73!$1,242,980,123.01 $1,231,75*
,756,966.52 $2,275,8'
58
.,875,641.51 $4,750,612,731.11
3,644,874.
295,345.
677,493.
26,586,597.91
30,908,965.22
57,393,100.

80,733,390.

146,756,980.

394,582,670.00

628,073,040.00

4,834,000.

C, 536,500.

21,443,300.

53,177,600.00

81,157,400.00

6,809,514.
839,120.
1,334,383.

10,179,776.
1,687,100.
1,886,386.

22,485,522.
2, 454,460.
3,825,437.

24,960,266.82
3,734,730.00
10,569,055.69

57,625,564.99
7,876,290. 00
16,280,879.53

166,760,536.

199,432,668.

175,246,613.

425,204,897.45

799,884,180.37

27,772, 400.

32,914,380.

51,749,136.

97,849,256.15

182,512,773.27

2,055,498.

2,345,427.

4,690,252.

13,882,599.23

20,918,279.36

85,149,832.70

370,034,924.68

44,028,571.12

133,322,828.90

151,562,263 08

9,690,623.15

26,732,284.45

55,645, 603.89
271,536. 468.95

38,
440,

454.39
221.44

6, 479,514.1'

6,707,698.12

5,621; 240. 41

13,

202,816,084.24

216,631,909.32

51,356, 239.02

8,

236.13

1,356, 799.00

3,585,998.00

10,908, 215.00

23,

427.00

60,879.87
277,999,243.02
59,307,760.00
2,861,262.50

129,827.75
342,203,133.61
90,627,861.00
4,322,577.00

583, 306.70
179, (538, 616.99
40,207, 824.00
7,229, 430.00

1,
158,
57,
19,

044. 66
804.54
830.00
774.59

1,992,191.38

3,009,391.38

1,829,251.22

015.3

121,360, 342.73
690.39

711,948,

1

1,330,771.30

25,429,
276,557,
38,062,

953.90
384. 47
640.00

179.11
2,684, 555.14
680,185, 515.00
188,238, 781.59
30,738,
6,169, 413. 90

11,780,340,302.82 2,412,646,756.20|2, 440,172,001.61 4,174,441,726.95 9,027,260,484.76

LIABILITIES.
Capital stock
Surplus fund
Undivided profits
National-bank notes
State-bank notes
Due to national banks..
Due to State banks and
bankers
Due to trust companies
and savings banks
Due to reserve agents...
Dividends unpaid
Individual deposits
U. S. deposits
Deposits of U. S. disbursing officers
Bonds borrowed
Notes and bills rediscounted
Bills payable
Reserved for taxes
Other liabilities
Total.

159,550,000.00
139,057,240.00
43.443,233.35
82,378,665.00
16,518. 00
552,122,128. 45

217,087,700.00
152,776,161.76
46,395,930.50
141,129,977.50
468.00
353,085,954.90

544,825,472.00
273,732,805.62
112,260,637.78
390,217,513.00
13,406.50
59,844,363.16

921,463,172.00
565,566,207.38
202,099,801.63
613,726,155.50
30,892.50
965,052, 446.51

112,665,518.91

190,145,164.58

184,699,308.04

79,856,068.09

454,700,540.71

231,024,985.91

250,612,655.20

112,800,000.00
110,058,240.00
29,248,441.91
55,382,052.50
16,518.00
359,085,600. 45

109,547.65
743,800,351.14
9,230,810.25

53,265,660.08
484,235,840.42
180,357,525.14
8,787,288.57
37,676,225.66
28,888,937.09
730,825.05
1,081,268.76
146,497.40
203,940.31
, 518,803,397.1314,548,135,165.83
961,799,307.3611,067,532,461.34 2,
68,402,403.43
114,378,386.73
13,005,710.75
32,910,272.55

343,011.29
14,305,356.06

440,147.44
17,228,242.16

6,345,602.29
18,731,903.00

5,202,117.53
11,622,850.00

11,993,867.26
47,582,995.16

500,000.00

500,000.00
2,119,986.93
15,259.58

930,975.27
7,611,755.32
996,327.40
486,795.20

10,417,678.
33,824,628.08
1,289,241.71
1,345,370. 42

•11,348,654.07
41,936,383.40
4,405,556.04
1,847, 425.20

"l, 769," 868.' 75

1,780,340,302.82 2, 412,646,756.20 2, 440,172,001.61 4,174,441,726.95:9,027,260.484.76

a Other reserve cities are Boston, Philadelphia, Baltimore, Albany, Brooklyn, Pittsburg, Washington, Savannah, New Orleans, Galveston, Houston, Fort Worth, Dallas, Sari Antonio, Waco, Louisville, Cincinnati, Cleveland, Columbus, Indianapolis, Detroit, Milwaukee, Cedar Rapids, Des Moines,
Dubuque, Minneapolis, St. Paul, Kansas City, Kans., Wichita, Kansas City, Mo., St. Joseph, Lincoln,
Omaha, Denver, Pueblo, Salt Lake City, San Francisco, Los Angeles, Portland, Oreg., Seattle, Spokane, and Takoma.




155

KEPOET OF THE COMPIEOLLEE OF THE CURKENCY.

No. 46.—HIGHEST AND LOWEST POINTS REACHED IN THE PRINCIPAL ITEMS OF
RESOURCES AND LIABILITIES OF NATIONAL BANKS DURING THE EXISTENCE OF THE
SYSTEM, AS SHOWN BY REPORTS OF CONDITION.
Lowest point reached.

| Highest point reached.
Jan. 1,1866. Sept.23,1908.:
,
i Amount. I
Date.

Amount.

!

Capital
$403,357,346 $921,463,172 $921,463,172 Sept. 23,1908
Capital, surplus, and
do
330,2041 ,689,129,1811,689,129,181
undivided profits a...
239,530 613,756,548| 613,756,548 . . . . . d o
Circulation
Total investments in
do.
380,350 717,106,690! 717,106,690
United States bonds..
[,
do.
212, 174 4, 548,135,165!4,548,135,165|
Individual deposits
650, 109 4;
1,781,521,696:4,781,521,696i
do.
Loans and discounts
Cash:
38,062,6401
38,062,640
do
406,442
National-bank notes
846,548 188,238,515! 205,793,578; Oct. 1,1866
Legal-tender notes..
909,363 680,185,555i 680,185,555| Sept. 23,1908
Specie

Date.

$403,357,346

Jan.

I 475,330,204
I 122,928,084
I
170,653,059

Do.
Oct. 2,1890

1,1866

Do.
I 601,407,586 Oct. 8,1870
500,650,109 Jan. 1,1866
11,841,104 Oct. 7,1867
52,156, 439 Mar. 11,1881
8,050,380 Oct. 1,1875

a Undivided profits, less expenses and taxes paid, beginning 1894.
No. 47.—PERCENTAGES OF LOANS, UNITED STATES BONDS, LAWFUL MONEY, ETC., TO
THE AGGREGATE RESOURCES OF NATIONAL BANKS, ON OR ABOUT OCTOBER 1, 1866,
AND 1890 TO 1908.
1S66.

Loans and discounts
United States bonds
Lawful money a
Total
Capital
Surplus and profits
Individual deposits
Total

1890. 1891.

1892. 1893.

1894. 1895.

P.ct. P.ct. P.ct. P.ct. P.ct. P. ct. P.ct. P.ct. P.ct. P.ct.
41.3 74.3 72.9 73.3 68.7 68.6 70.9 67.1 55. 3
54 2
36.3
1.5

6.4
7.4

6.4
6.7

6.2
7.1

8.4
4.3

7.7
8.1

8.1
6.8

9.3
7.1

7.0
6.4

10 6
9.2

79.1

88.1

86.0

86.6

81.4

84.4

85.8

83. 5

68.7

74.0

27.2
5.6
36. 9

20.7
9.9
49.8

21.1
10.3
49.4

19.5
9.7
50.3

21.8
11.3
46.6

19.2
9.6
49.8

19.2
9.8
49.7

19.9
10.3
48.9

17.3
9.0
50.0

15.6
8.5
50.9

69.7

80.4

80.8

79. 5

79.7

78.6

78.7

79.1

76.3

75.0

1899. 1900. 1901.

Loans and discounts.
United States bonds.
Lawful money a
Total
Capital
Surplus a n d profits..
Individual deposits.

Total.




1896. 1897. 189S.

1902. 1903.

1904. 1905.

190G. 1907.

1908.

P. ct. P.ct.
53. 7 53. 2
8.1
7.1
10.0 10.3

P.ct.
53. 0
7.8
9.5

P.ct.
53. 7
7.5
8.3

P.ct. P.ct.
55.2
8.6
8.8

53.4
7.9
7.2

P.ct.
53. 9
7.4
8.9

P.ct. P. ct.
54. 0 5«. 1
7.8
7.9
7.8
8.4

P.ct.

70.8

71.6

70.3

69. 5

72.6

13.0
7.5

12.5
7. 7
49.7

11.5
7.6
51.6

11.5
8.1
52.5

11.9
8.8
50.0

68.5

70.2

69.6

72.4

70.5

11.0
9.8
49.6

10.7
8.3
51.1

10.4
8.4
52.4

10.7
8.8
51.5

10.2
8.5
50.4

73.2

69.9

70.7

72.1

70.7

70.4

70.1

71.2

70.9

69.1

a Embraces specie only, up t o and including 1898.

52.9
7.9
9.6

156

REPORT OF THE COMPTROLLER OF THE CURRENCY.

N o . 48.—CLASSIFICATION OF L O A N S M A D E BY T H E NATIONAL B A N K S I N T H E C E N TRAL R E S E R V E CITIES ( N E W Y O R K , CHICAGO, AND S T . L O U I S ) AND OTHER R E S E R V E
C I T I E S , TOGETHER WITH COUNTRY B A N K S , ON APPROXIMATE D A T E S FOR THE P A S T
FIVE YEARS.
SEPTEMBER 6, 1904.

On deOn time,
On deseOn time,
singlemand, pa- mand, by
cured
paper with name paper with
Numstocks,
two or more per (one
ber of one or more bonds, and
person or
banks. individual other per- individual firm), withor firm
or firm
sonal secuout other
names.
names.
rities.
security.

New York
Chicago
St. Louis
Other reserve cities.
Country
Total

On time,
secured by
stocks,
bonds, and
other personal securities, or
on mortgages or
other realestate security.

Total.

41 $7,505, 4761392,180,055 $149,071,875 $112,341,884 $146,165,413 $807,264,703
13 13,386,195' 20,329,6091 71,692,406 54,995,161 33,043,455 193,446,826
9,809,008; 24,534,050; 28,924,223 10,306,586 16,088,647
8
89,662,514
285 88,412,232; 218,451,932J 273,484,463 167,907,452 170,976,733 919,232,812
5,065 160,666,445: 163,442,267| 793,534,102 265,473,052 333,428, f'~ ,716,544,564
5,412 279,779,356; 818,937,913 1,316,707,069 611,024,135 699,702,946 3,726,151,419

AUGUST 25, 1905.
New York
Chicago
St. Louis
Other reserve cities.
Country
Total

$11,393,926 $385,652,014 $135,669,910 $115,961,886 $156,987,276 $805,665,012
17,817,302 22,250,238
75,770,977 60,377,212 37,094,219 213,309,948
10,993,443 24,767,191
30,496,481 13,051,412 20,124,901
99,433,428
103,554,105 253,585,872 294,801, 492 196,695,917 182, 477,305 1,031,114,691
5,412 176,294,166 167,860,406 845,519, 701 303,038,560 356,273,240 1,848.936,073
5,757 320,052,9421 854,115,7211,382,258,561 689,124,987 752,956,941 3,998,509,152

S E P T E M B E R 4, 1906.
New York
Chicago
St. Louis
Other reserve cities
Country
Total

$10,676,198 $292,251,532 $137,991,340 $111,172,734 $149,959,233 $702,051,037
69,393,859 58,969,944; 35,264,962 210,445,263
13 15,554,557 31,261,941
31,693,095 13,098,879 21,904,419 104,297,043
8 11,821,339 25,779,311
295 133,735,500 272,032,130 332,701,188 223,189,134 200,326,2371,161,984,189
5,781 202,901,651 206,691,820 930,255,416 369,694,410 410,662, 487 2,120,205,784
6,137 374,689,245 828,016,7341,502,034,898 776,125,101 j 818,117,338 4,298,983,316

AUGUST 22, 1907.
New York
Chicago
St. Louis
Other reserve cities
Country
Total

38 $16,254,018 $251,867,158 $161,108,403 $130,477,323 $152, 414,157 $712,121,059
75,774, 485 64,316,586 37; 139; 169 231,223,415
14 16,773,019 37,220,156
33,957,227 14,648,326 22,118,916 117,867,941
8 13,079,054 34,064,418
360,902,043 256,893,115 207,327,1221,242,440,028
306 141,551,855
6,178 240,563,589 233' 9&), 8541,011\ OO? 280J 433^ 159^ 308 450,238,495 2,374,931,526
6,544 428,221,535 832,878,4791,648,751,4381 899,494,658 869,237,859 4,678,583,969

I

I

I

S E P T E M B E R 23, 1908.
New York
Chicago
St. Louis
Other reserve cities
Country
Total

37 $6,800,529 $374,548,964 $146,194,094 $132 ,737,553 $245 ,372,335 $905,653,475
83,966,091 60,065,338 45,839,437 232,385,842
14 12,423,469 30,091,507
8 12,475,849 27,454,224
30,150,989 10,805,700 24,054,044 104,940,806
312 130,285,953 271,667,315 353,363,981 245,247,548 231,192,'-" 1,231,756,966
169
6,482 233,906,895 218,939,708 968,716,204 403,319,905 450,992,929 2,
1,275,875,641
6,853 395,892,695 922,701,7181,582,391,359 852,176,044 997,450,914 4,750,612,730




EEPOKT OF THE COMPTROLLER OF THE CURRENCY.

157

49m—CLASSIFICATION OF THE LOANS AND DISCOUNTS BY THE NATIONAL BANKS
IN THE RESERVE CITIES AND IN THE STATES AND TERRITORIES ON SEPTEMBER 23,

o

1908.

Reserve cities.

On demand,
paper
Num- one or with.
more
ber of individual
banks.
or firm
names.

On demand,
secured
by stocks,
bonds, and
other personal securities.

On time,
On time, secured by
stocks,
singleOn time,
bonds, and
paper with name pa- other personal setwo or more per (one
person
individual or firm), curities, or
on mortor firm
without
gages or
names.
other se- other realcurity.
estate security.

Total.

CENTRAL RESERVE
CITIES.

$6,800,529 $374,548,964 $146,194,094 $132,737,553 $245,372,335 $905,653,475
12,423,469 30,091,507 83,966,0911 60,065,338 45,839,437 232,385,842
12,475,849 27,454,224 30,150,989 10,805,700 24,054,044 104,9

New York.
Chicago
St. Louis,.
Total.

59

31,699,847

432,094,695 260,311,174 203,608,591 315,265,8161,242,980,123

OTHER RESERVE
CITIES.

12,825,737
2,242,197
573,361
4,719,562
11,853,021
2,255,455
1,205,224
102,100
1,692,467
978,837
622,795
341,768
33,105
191,128
314,516
296,349
6,896,409
3,821,293
1,532,868
1,449,517
1,632,805
3,728,164
451,514
1,955,562
14,505
3,020,
2,365,
49,802
105,781
183,755
3,594,577
1,120,217
165, i48
1,673,225
854,131
287,951
984,260
15,186,737
25,848,0o6
3,609,oOO
5,298,3*7
3,455,1*4
752, <*85

Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
Cincinnati
'.
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans..
Topeka
Wichita
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland, Oreg
Seattle
Spokane
Tacoma

44,774,985
9,453,515
4,472,452
44,704,930
40,175,261
12,791,139
8,132,730
536,163
4,925,344
4.274,600
'984,908
93,740
164,168
906,752
62,425
175,023
15,774.070
13,468; 108
2,995,524
2,691,243
2,634,980
4,803,138
339,681
842,373
17,165
3,441,386
2,368,303
382,511
17,590
263,141
4,491,631
620,708
312,410
1,332,669
2,271,342
81,776
1,103,059
6,428,5?0
19,580,688
1,853,621
3,800,909
2,49u,b71
631,913

48,818,876 50,720,975 30,443,207 187,583,780
4,637,143
1,549,368 1,416,081 19,298,304
5,861,878
1,794,451
789,599 13,491,741
45,728,720 58,503,37r 35,208,981 188,865,568
39,901,015 13,954,813 20,764,446 126,648,556
14,327,623 11,609,488 11,691,818 52,675,523
5,781,100
1,074,748 1,341,676 17,535,478
910,794
365,221
445,571 2,359,849
5,466,849 20,604,768
6,463,721 2,056,387
7,702,513
1,233,648 5,994,274 20,183,872
3,803,187
2,367,682 3,158,340 10,936,912
2,647,785
2,940,810 2,085,358
8,109,461
641,220
792,614
613,065 2,244,172
3,444,995
3,009,638
3,352,650 10,905,163
1,721;550 1,576,790 2,805,824
6,481,105
1,035,000 1,032,515
829,309 3,368,196
11,467,006 10,325,394 10,744,280 55,207,159
14,493,316 11,195,671 8,135,797 51,114,185
3,957,017 15,586,761
2,071,544
5,029,808
5,270,362 22,238,303
10,012,931 2,814,250
1,985,005 6,027,572 23,910,405
11,630,043
11,064,573 6,174,664 5,818,157 31,588,696
810,766
612,639
2,324,471
4,539,071
1,324,512 10,576,237
3,001,804
3,451,986
510,361 2,060,671
719,693
798,947
6,522,795 43,805,783
25,095.968 5,724,826
9,992,153 6.052,871 4,428,862 25,207,869
'415,029 5,383,724
761,043
6,992,109
498,672 1,637,368
451,137
564,188
325,562 3,439,414
1,253,663 1,413,293
13,505,703 8,319,500 14,320,077 44,231,548
1,256,231 11,306,847
5,026,424 3,283,267
1,701,681 1,407,961 1,945,568 5,532,768
6,188,484 25,419;090
11,402,975 4,821,737
4,953,900 8,020,613 21,517,839
5,417,8o3
453,i84 1/492,234 I,007,5o2 3,322,697
955,102 1,748,591 6,461,442
1,670,430
2,235,859 28,665,641
2,467,4i6
2,3*7,0o9
1,719,854 2,076,lu4 52,187,653
2,962,951
936,5*1 12,061,894
1,650,113 4,012,019
1,8«8,852 16,722,940
2,8o8,7*7
2,876,09o
1,854,821 1,223,580 2,108,1/8 11,132,394
1,047,280
731,605 3,997,734
834,451

Total.

312

130,285,953

271,667,315 353,363,9

Total, all reserve cities...

371

161,985,800

703,762,010 613,675,155 448,856,139 546,457,985 2,474,737,089




245,247,548 231,192,1691,231,756,966

158

BEPORT OF THE COMPTROLLER OF THE CURRENCY.

No, 49.—CLASSIFICATION OF THE LOANS AND DISCOUNTS BY THE NATIONAL BANKS
IN THE RESERVE CITIES AND IN THE STATES AND TERRITORIES ON SEPTEMBER 23,

1908—Continued.

On demand, On demand,
secured
paper with
Num- one or more by stocks,
States and Territo- ber of
and
individual bonds,perries.
banks.
other
or firm
sonal secunames.
rities.

On time,
singleOn time,
paper with name paper (one
two or more person
individual or firm),
or firm
without
names.
other security.

On time,
secured by
stocks,
bonds, and
other personal securities, or
on mortgages or
other realestate security.

Total.

STATES, ETC.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Alaska a
Hawaii a
Porto Rico

77
57
51
177
22
80
379
175
709
27
83
1
107
94!
69
30!
951
39|
76
30
32
501
40
136
87
342|
238
396
91
124
250
309
102
132
89
203
202
41
28
103
40
298
54
61
122
38
16
9
13
2
4
1

$3,289,802
3,348,924
3,243,460
7,419,763
440,431
5,254,885
18,861,650
7,509; 503
19,273,564
517.450
1,667,900
32.700
3,642,054
2,078,143
827,095
299,202
2,212,646
911,316
1,360,936
561.451
564,847
5,235,324
492,072
3,934,210
2,385,989
19,798,227
9,577,131
22,691,953
5,524, 476
3,807,268
6,248,657
11,667,103
2,796,246
1,576,425
1,331,442
2,780,563
2,634,279
4,811,439
517,203
2,509,182
1,960,511
1,728,232
'.,830,528
4,813,629
21,270,206
2,472,179
1,254,803
1,680,184
1,021,565
77,782
160,365

$2,877,898 $17,596,783
6,322,612
3; 064,500
6,684,643
2,404,337
11,137,453 49,239,725
2,257,818 11,120,690
8,940,505 23,860,548
27,740,990 101,516,335
23,136,452 52,595,487
31,837.719 142,662,392
818,217
4,896,067
1,839,646 13,316,217
492,537
320,591
4,072,510 38,131,934
2,019,498 20,481,827
696,035 15,239,767
647,456
7,321,603
2,072,922 17,315,950
1,285,560
6,514,735
1,045,191
7,574,014
421,534
4,241,813
1,144,875
5,722,267
3,787,815 29,301,292
6,234,381
526,019
3,011,154 18,308,258
2,058,843 18,656, 437
19,494,073 59,735,945
4,634,056 41,421,770
9,292,416 54,530,757
9,967,066 24,309,356
1,736,877 26,060,799
2,678,057 21,243,062
3,238,038 29,609,258
1,635,680
8,776,026
877,747
4,632,092
475,749
5,473,751
1,023,434 13,231,580
1,176,041 15,153,740
1,116,925
4,378,920
150,975
2,149,685
1,698,268
6,218,558
741,955
1,995,670
734,775
9,419,372
2,990,007
3,072,582
1,134,778
2,644,334
10,792,221
4,926,724
974,945
1,714,958
567,455
1,084,762
1,271,174
615,18S
599,351
835, 442
36,427
26,629
562,130
102,419
1,604
116, 456

$3,190,253
1,462,230
1,351,517
29,313.567
8,283,015
11,115,029
26,836,969
12,510,576
35,008,382
773,224
1,555,077
48, 400
5,739,163
1,643,755
2,330,814
2,531,919
8,112.908
4,869,742
7,180,670
1,509,827
2,735,823
25,250,332
3,459,225
3,702,168
10,669,783
19,582,000
11,102,192
26,296,451
9,406,200
12,805,441
15,034,076
27,124,603
4,820,998
4,172,122
4,542,207
12,931,720
10,722,615
5,625,088
2,076,901
6,192,717
1,842,283
6,353,457
2,143,965
2,612,670
3,138,953
1,788,676
676,04'
725,762
358,957
17,462
41,974

$4,288,394
1,545,570
1,650,355
21,968,292
3,750,189
8,241,038
23,789,383
10,317,199
50,894,215
1,315,009
3,583,215
63,030
12,883,442
6,907,043
7,702,878
5,309,483
11,838,706
4,839,958
8,865,113
3,828,463
3,391,991
27,642,174
3,363,107
6,846,820
11,272,454
26,655,908
12,574,790
21,559,525
10,509,238
8,957,161
12,288,363
14,135,381
3,458,370
9,814,374
6,496,116
14,974,108
13,512,250
5,002,218
4,276,558
6,002,949
2,184,727
18,241,698
3,200,718
1,597,381
4,994,101
1,981,995
748,210
404,207
966,877
164,224
181,261
12,700

$31,243,130
15,743,836
15,334,312
119,078,799
25,852.144
57,412;005
198,745,327
106,069,217
279,676,272
8,319,967
21,962,055
957,258
64,469,103
33,130,266
26,796,589
16,109,663
41,553,132
18,421,311
26,025,924
10,563,088
13,559,803
91,216,937
14,074,804
35,802,610
45,043,506
145,266,153
79,309,939
134,371,102
59,716,336
53,367,546
57,492,215
85,834,383
21,487,320
21,072,760
18,319,265
44,941,405
43,198,925
20,934,590
9,171,322
22,621,674
8,725,146
36,477,534
15,237,800
12,802,792
45,122,205
8,932,753
4,331,277
4,696,516
3,782,192
322,524
1,048,149
130,760

Total

6,482

233,906,895

218,939,708 968,716,204 403,319,905 450,992,929 2,275,875,641

Total, United
States

6,853

395,892,695

922,701,718 1, 582,391,359 852,176,044 997,450,914 4,750,612,730




o Statement of July 15,1908.

160

BEPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT
DECEMBER 3, 1907.
Specif i.

City, State, and Territory.

Number of
banks.

Gold coin.

Gold
Treasury
Clearingcertificates
Gold
house
Treasury payable to
certificates.
certificates. order, act
(Sec. 5192.)
of Mar. 14,
1900.

CENTRAL RESERVE CITIES.
New York
Chicago
St. Louis

•

Total, central reserve cities

40
14
8

$14,469,972.00 $68,552,300 113,300,000 $33,755,000
14,J97,047.50 18,193,620
4,500,000
2,554,867.50 10,446,410
310,000

62

31,221,887.00

97,192,330

22
3
3
36
29
18
11
2
7
9
5
7
3
7
5
11
7
9
7
5
6
3
4
3
6
6
3
4
5
3
4
5
7
4
10
9
2
4
6
3

1,362,124.00
347,188.00
238,224.00
2,219,144.00
4,333,484.00
196,802.50
48,158.50
3,200.00
86,665.75
855,745.00
368,700.50
271,475.00
82,820.00
443,415.00
83,805.00
538,236.50
1,279,400.00
591,860.00
1,420,625.00
939,269.50
1,244,318.00
149,352.50
249,670.00
191,437.50
2,063,332.50
1,327,804.54
217,250.00
278,080.00
879,845.00
326,475.00
317,194.00
1,738,020.00
3,470,590.00
1,027,864.29
4,458,190.00
7,633,906.70
3,437,580.00
3,366,851.00
629,395.00
455,640.00

5,903,230
825,000
482,500
2,959,130
4,868,100
1,375, 480
3,094,580
138,000
2,067,560
369,000
341,430
105,000
141,560
671,980
262,840
1,708,480
1,095,000
315,450
1,614,960
213,990
603,000
97,600
195,000
15,000
567, 430
838,640
24,500
99,000
1,387,510
89,240
16,060
833,870
1,797,840
304,120
170,960
691,940

18,110,000

33,755,000

OTHER RESERVE CITIES.
Boston
Albany
Brooklyn
.. ..
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Gal veston...
Houston
Waco
Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St Paul
Kansas City, Kans
Wichita
Kansas City Mo
St Joseph
Lincoln
Omaha
Denver
Salt Lake City
Los Angeles
San Francisco ~
Portland Ore?
Seattle
San Antonio
Pueblo

.

...

2,530,000
50,000
1,720,000

2,925,000
530,000
90,000

300,000
740,000
135,000
30,000
100,000
550,000
600,000
40,000

535,000
345,000
502,000
267,000

139,270
536,620
330,550

Total, other reserve cities

303

49,173,138.28

37,291,420

3,705,000

8,284,000

Total, all reserve cities

365

80,395,025.28 134,483,750

21,815,000

42,039,000

20,000

STATES, ETC.
Maine
N P W TTamDshire
Vermont
M assach use tts
Rhode Island
Connecticut
Total, New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States




78 i
56
50
180
22
80

1,127,460.04
450,211.91
413,991.23
2,591,861.15
402,698.57
1,549,300.44

422,220
154, 430
93,920
1,052, 480
212,160
659,300

2,000
30,000

466

6,535,523.34

2,594,510

50,000

2,000

372
173
680
24
81
1

4,281,865.88
1,453,529.04
10,057,043.47
154,706.50
447,689.67
13,685.00

2,727,910
1,701,780
4,587,440
80,070
348, 410
125,750

635,000
10,000
180,000

15,000

1,331

16, 408,519.56

9,571,360

845,000

5,000

20,000
20,000

REPORT OF THE COMPTROLLER OF THE CURRENCY.
DATE OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23,

161

1908.

DECEMBER 3, 1937.
Specie.

Silver
dollars.

Silver
Treasury
certificates.

Circulating notes.

Fractional
silver coin.

Total.

$162,313 $16,691,609 $1,043,724.77 $147,974,918.77
287,824
7,502,286
343,329.95 45,024,107.45
122, 986
64,788. 96 17,072,208.46
3,573,156
573,123

27,767,051

33,025
15,476
18,668
276,584
265,197
41,336
26,983
14,000
47,471
45,619
58,681
35,596
13,372
129,928
46,963
61,473
47,028
97,599
147,310
39,108
85,836
26,312
54,486
6,112
140,908
91,690
9,557
21,389
116,425
24,842
21,982
173,104
64,471
32,374
145,616
88,849
30,836
54,338
72,280
29,699

4,207,970
145,280
758,354
4,610,006
2,390,479
2,435,707
818,688
22,259
307,295
122,588
154,072
52,956
23,525
158,022
19,232
569,784
337,573
232,001
447,651
20,102
831,499
57,378
80,762
38, 000
104,575
492,266
22,500
64,000
619,317
56,759
7,130
519,344
209,744
45,558
151,974
18,987
51,004
45,958
208,346
45,115

'2,752,523
3,325,646

1,451,843.6

479,427.95
51,715.00
75,268.90
670,506.35
466,600. 65
120,009.40
91,656.59
15,000.00
50,354.95
51,642.45
28,996.90
34.337.90
25,026.05
89,261.15
49,867.50
64,142. 48
101,779.00
53,676.54
56,169. 70
46,383.00
45,568.22
•14,498. 50
39,736.00
0,022.70
59,903.90
57.144.91
7,077.10
10,183.83
73.161.82
27,303.00
21,426. 99
201,849.00
90,212.75
29,207.50
72,852.00
141,283.30
133,685.50
14,549.00
21,672. 58
20,893.95

210,071,234. C

14,515,776.95
1,434,659.00
1,573,014.90
15,380,370. 35
12,853,860.65
4,259,334.90
4,080,066.09
192,459.00
2,559,346.70
1,444,594.45
951,880.40
499,364.90
286,303.05
1,492,606.15
462,707.50
3,242,115.98
3,600,780.00
1,425,586.54
3,686,715.70
1,288,852.50
2,810,221.22
445,141.00
619,654.00
256,572.20
3,486,149. 40
3,407.545.45
280,884.10
512, 652. 83
3,076,268.82
524,619.00
383,792. 99
3,466,187.00
5,632,857.75
1,439,123.79
5,534,592.00
8,919,966.00
4,155,105.50
3,887,966.00
1,468,313.58
881,897.95

21,503,760 I 3,710,055.01 126,419,896.29

$68,872,240 $2,401,927.50
16,814,480
586,680,00
15,956,940
307,805.00
101,643,660

3,296,412.50

10,001,510
1,350,000
617,000
17,510,810
16,332,800
9,154,300
4,834,850
550,000
4,409,100
4,722,450
1,672,500
1,382,000
375,000
955,000
350,000
10,004,240
5,511,000
2,372,000
5,157,250
1,141,380
4,437,000
284,900
580,300
525,000
3,270,000
1,874,850
850,000
3o0,000
1,832,500
795,000
564,500
1,831,150
2,824,990
1,200,000
5,085,000
12,100,000
1,000,000
1,250,000
1,504,700
480,000

492,175.00
10,700.00
58,950.00
206,506.00
41,505.00
398,847.50
33,252.50

141,043, C

31.090.00
10,800. 00
2.50
5.00
285,100. 00
2,302.50
9,900.00
3,850. 00
58, 657. 50
43,907. 50
3,200. 00
800.00
10,205.00
23,900.00
7.900.00
302,115.00
6,000.00
700.00
45,685.00
900.00

98,347,247.50

9,509,335.00
1,339,300.00
558,050.00
17,304,304.00
16,291,295.00
8, 755,452.50
4,801,597.50
550,000.00
4,178,697, 50
4, 722,450.00
1,672,500.00
1,381,250.00
375,000.00
925,700. 00
350,000. 00
9.973,150.00
5;500,200.00
2,371,997.50
5,157,245.00
858,280.00
4, 434,697. 50
275,000.00
576,450.00
525,000.00
3,211,342.50
1,830,942.50
850,000. 00
350,000. 00
1,829,300.00
795,000. 00
564,500. 00
1,830,350.00
2,814, 785.00
1,176,100. 00
5,077,100.00
11,797,885.00
994,000. 00
1,249,300.00
1,459,015.00
479,100.00

2,349,408.50 | 138,693,671.50 |

52,311,400

767,013.50

51,544,386.50

28,940,530
13,203,400
46,796,210
1,427,000
3,827,220
250,000

269,302.50
639,217.50
258,577.50
29,250.00
42,560.00
1,200.00

28,671,227.50
12,564,182.50
46,537,632. 50
1,397,750.00 53
3,784,660. CO 54
248,800. 00

94,444,360

1,240,107.50

5,892,150
4,810,800
4,620,500
20,354,400
4,002,500
12,631,050

7,571

4,360,046 1,249,849.69

15,279,500.03

406,569
202,582
1,086,751
30,298
38,156
1,420

823.284. 60
3,926,517
525,957. 65
2,427,187
4,489, 496 1,086,814.18
354,687
51,290.87
464,405
106,125. 20
19,900
3,875.00

12,806,146. 48
6,321,035.69
21,502,544.65
671,052.37
1,424,785.87
164,630.00

11,682,192 ! 2,597,347.50 42,890,195.06

1,765,776

750.00
29, 300.00

$66,470,312.50
16,227,800.00
15,649,135. 00

5,808,107.50
4,726,380.00
4,543,841.50
20,111,945.00
3,939,132.50
12,414,980.00

2,021,995.69
1,158,270.54
874,789. 32
6,572,998.72
1,022,471.69
3,628,974.07


622S0—CUE 1908

230, 402.50

Outstanding.

84,042.50
84,420.00
76,658.50
242,455.00
63,367.50
216,070.00

99,216.65
99,126. 63
66,323.09
592, 479.57
107,721.12
284,982.63

46,575
54,854
58,957
246,084
5,674
75,427

On hand.

336,491,130.97 | 242,686,740 5,645,821.00 : 237,040,919.00 \

49,270,811 5,161,
326,524
399,648
221,598
2,088,094
294,218
1,029,964

Issued.

-11

44
45
46
47
i 48
49

93,204,252.50 |

162

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE OF
DECEMBER 3, 1907- Continued.
Specie.

City ,State, and Territory.

Number of
banks.

Gold coin.

Gold
Treasury
certificates ClearingGold
house
Treasury payable to
certificates. order, act certificates.
of Mar. 14, (Sec. 5192.)
1900.

STATES, ETC.—continued.
Virginia
West Virginia . .
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi..
Louisiana
Texas
Arkansas
Kentucky
Tennessee

63
64
65
66
67
68

493
38
136
80

$1,175,717.55
1,023,781.90
475,821.35
146,689.00
453,899.00
279, 405.95
693,785 30
141,683.02
138,304.60
2,736,508.90
254, 410.50
1,017,593.50
1,061,739.75

$790,390
611,950
246,870
219, 780
768,550
203,610
792,280
162,750
286,800
2,055,940
272,220
492,590
981,760

1,280

9,599,340.32

7,885, 490

10,000

332
225
387
88

1,716,060
1,774,640
2,224,380
856,670
780, 770
985,530
963,500
274,690

40,000

$40,000

310,000
20,000
180 000
50,000
135,000
5,000

2,000

240
297
99

4,615,423.21
3,210, 766.76
4,981,066.47
2,422, 425. 60
2,410,636 50
2,386,975.50
2,321,775.47
814,262.75

Total, Middle Western States.... 1,789

57
58
59
60
61

23,163,332.26

9,576,240

740,000

44,000

102
90
62
26
87
36
74

26
30

Total, Southern States
69 Ohio..
70 Indiana
71 Illinois
79 Michigan
7*} Wisconsin
74 Minnesota...
75 Iowa
76 Missouri

77

78
70
80

81
S°
81
85

....

121

North Dakota.
South Dakota
Nebraska
Kansas
Montana .
Wyoming
Colorado....
New Mexico
Oklahoma

93

Washington
Oregon..
California
Idaho .
Utah . . . .
Nevada
Arizona
Alaska a

94
95

Hawaii a
Porto Rico

Total, Pacific States

Total, island possessions

2,000

95
40
309

461,20G. 52
656,147.94
1 416 447 80
2,036,281.77
1,511,264.90
750 748 20
2,782,306. 45
469 865 00
1,063,386.40

575,700
652,540
452 230
756,620
863,360
180 520
627, 450
234, 700
1,112,680

1,109

11,147,654.98

5,455,890

42
53
112
37
14
8
12

644,570
166,380
341,280
240,970
39,470
32,850
152,430
11,640

764, 000

2

2,715,148.05
2,058,427.50
6,155,846.35
688,730.00
394,907.50
488,220.00
370, 410.00
44r760.00

280

12,916,449. 40

1,629,590

764,000

4
1

234,175.00
20,025.00

330
20,000

123

87
101
197

38
29

Total, Western States
86
87
88
89
90
91

110,000

.

5 000
70,000

5,000
80,000

i

5

254,200.00

20,330

Total, States, etc

6,260

80,025,019.86

36,733,410

1,725,000

830,000

Total, United States

6,625

160,420,045.14 171,217,160

23,540,000

42,869,000




a Call of August 22, 1907.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

163

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
D E C E M B E R 3, 1907—Continued.
Specie.

Silver
dollars.

Silver
Treasury
certificates.

Fractional
silver coin.

Circulating notes.

Total.

Issued.

On hand.

Outstanding.

$9,349,470
6,728,950
4,772,030
2,734,000
5,776,530
2,702,400
6,326,800
2,373,500
2,407,500
16,120,400
1,450,000
9,276,680
7,771,750

$267,222.50
15,010.00

$9,082,247.50
6,713,940.00
4,772,030.00
2,727,497. 50
5,733,472.50
2,700,372.50
6,296,200.00
2,306,350.00
2,405,492.50
16,059,517.50
1,440,300.00
9,259,972.50
7,761,380.00

$202,518
113,412
184,550
109,007
380,289
173,480
378,567
127,494
139, 478
1,134,265
100,182
190,300
269,877

$719,933
504,398
271,182
265,140
660,046
203,890
389,140
125,349
197,373
1,306,994
289,693
339,638
604,573

$225,623. 41
109,996.02
93,238.66
87,236.10
173,229.11
104,598.60
152,895.10
61,573.36
117,967. 68
576,758. 72
78,814.20
131,665.98
147,300.13

S3,114,181.96
2,363,537.92
1,271,662.01
827,852.10
2,436,013.11
964,984.55
2,406,667. 40
618,849. 38
879,923.28
7,810,466.62
995,319.70
2,181,787. 48
3,065,249.88

3,503,419

5,877,349

2,060,897.07

28,936,495.39

77,790,010

531,237.50

77,258,772.50

644,194
494,721
673,323
237,084
254,032
286,874
503,947
187,339

1,210,634
1,342,363
1,603,092
574,948
658, 653
759,607
840,358
294,649

412,452. 30
330,642. 97
542,081.03
198,789.11
202,265.13
215,008.47
300, 471. 40
106,865.01

8,678,763.51
7,153,133. 73
10,335,942.50
4,309,916.71
4,486,356.63
4,683,994.97
5,067,051.87
1,682,805. 76

24,255,210
14,-235,850
19,971,740
7,093.850
6,892,030
6,738,740
12,510,690
4,505,595

143,567. 50
71,322.50
110,707.50
86,865.00
159,872.50
39,600.00
33,765. 00
8,300.00

24, 111, 642.50
14,164,527.50
19,861,032.50
7,006,985.00
6,732.157.50
6,699^140. CO
12,476,925.00
4,497,295. 00

3,281,514

7,284,304

2,308,575.42

46,397,965. 68

96,203,705

654,000.00

95,549,705.00

94,099
121,281
265,431
350,164
114,178
46,597
150,803
101,609
362,444

246,738
256,126
299,575
108,574
143,576
53,181
283,956
126,827
612,568

86,656. 52
77,497. 96
169,132. 99
250,903.10
74,224.01
39,523. 00
135,950.70
47,930. 87
312,012.28

1,464,400.04
1,763,592.90
2,607,816.79
4,072,542.87
2,706,602. 91
1,070,569.20
3,980,466.15
981,021. 87
3,468,080.68

2,124,150
1,916,940
5,738,310
7,924,610
1,805,320
1,070,050
3,460,960
1,362,040
6,995,750

12,420.00
540.00
22,952. 50
42,415.00
69,352.50
1,000.00
79,630. 00
26,117.50
30,367.50

2, 111, 730.00
1,916,400.00
5,715,357. 50
7,882,195.00
1,735,967.50
1,069,050.00
3,381,330. 00
1,335,922.50
6,965,382. 50

1,606,606

2,631,111

1,193,831.43

22,115,093.41

32,398,130

284,795.00

32,113,335.00

309,635
68,025
242,852
44,192
24,537
20,580
47,006
1,376

288,813
63,215
119,947
65,857
35,482
6,522
34,035
2,029

152,457. 85
93,889.12
244,619.03
42,923.68
15,572.87
14,448. 65
23,371. 60
1,877.15

4,874,623.90
2,449,936.62
7,104,544. 38
1,082,672.68
509,969.37
562,620. 65
627,252.60
61,682.15

2,654,830
1,293,050
7,082,900
1,068,490
765,000
1,372,000
579.000
62;500

90,555.00
1,615.00
31,117.50
27,240.00
1,702. 50
1,825.00
2,300. 00
1,350.00

2,564,275.00
1,291,435.00
7,051,782.50
1,041,250.00
763,297.50
l,3 7 0,175.00
576,700.00
61,150.00

758,203

615,900

589,159.95

17,273,302.35

14,877,770

157,705.00

14,720,065.00

14,527
332

183
924

10,594.15
505.60

259,809.15
41,786. 60

285. 750
100,000

11,200.00

274,550.00
100,000.00

1,107

6,502.50
43,057.50
2,027.50
30,600.00
67,150. 00
2,007.50
60,882.50
9,700.00
16,707. 50
10,370.00

11,099.75

301,595.75

385,750

11,200.00

374,550.00

11,417,948

32,452,009 10,010,760. 81

173,194,147.67

368, 411,125

3,646,058.50

364,765,066.50

14,743,594

81,722,820 15,172,659. 50

509,685,278.64

611,097,865

9,291,879.50 , 601,805,985.50

14,859




56
57
5£
5S
60
61
62
63
64
65
66
67
68

69
70
71
72
Tc
Ik
75
7(

77
78
79
80
81
82
83
84
85

86
87
88
89
90
91
92
93

94
95

164

BEPORT OF THE COMPTROLLER OF THE CURRENCY.
No.

50.—SPECIE AND CIRCULATION" OF NATIONAL BANKS AT DATE OF
F E B R U A R Y 14, 1908.
Specie.
Number of
banks.

City, State, and Territory

Gold coin.

Gold
Treasury
ClearingGold
certificates
house
Treasury payable to
certificates.
certificates. order, act
(Sec. 5192.)
of Mar. 14,
1900.

CENTRAL RESERVE CITIES.
1
3

New York
Chicago
St. Louis

37
14
8
59

Total, central reserve cities

$5,099,059.00 $129,636,180 123,185,000 $35,430,000
6,206,230. 00 19,993,390
3,640 000
3,286,675. 00 13,370,310
310,000
14,591,964.00 162,999,880

35,430,000

27,135,000

OTHER RESERVE CITIES.
4
5
fi
7
8
q
10
11
12

n

14
15
16
17
IS
19
21
22
23
2

r
6
27
28
29
30
31
32
9

34
36
V
38
39
40
41
A'*
44
45

Boston
Albany .
Brooklyn
Philadelphia
Pittsburg
.
.
Baltimore
•
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
.
Galveston
Houston
San \ntonio
Waco
Cincinnati
Cleveland
Columbus
. ...
Indianapolis
Detroit
Mi 1 waukee
Cedar Rapids
Des Moines
Dubuoue
Minneapolis
St Paul
Kansas City, Ivans
Wichita
Kansas City, Mo
S t JOvSeph
Lincoln
Omaha
...
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland Oreg
Seattle
Spokane
Tacoma

....

22
3
4
38
29
18
11
2
6
9
5
7
3
7
6
5
11
7
9
7
5
6
3
4
3
6
6
3
4
5
3
4

10
9
2
4
4
2

1,406,155.00
377.385.00
188,125. 50
1,518,527.00
4,859,029.00
224,653. 00
52,654 50
4,500.00
49,720. 00
1 321 372 50
604,970.50
354,905. 00
88 062 50
362,842. 50
444 622 50
96,410.00
992,555. 50
1,909,187.50
1,024,752.50
1,230,172.50
1,099,600.00
1,808 620 00
154 250 00
229,072. 50
225,672. 20
1,452,560.00
1,353,913.64
481,540.00
292.015.00
1,084,220.00
300,812. 50
263,800. 00
1,341 975.00
4,066,097.50
495,547.50
1,367,056.84
4,181,840.00
7,007,808.50
5,514 635.00
3,539,160.00
441,888.30
1,050,910. 00

9,875,680
1,070,620
910,030
2,223,300
5,132,520
1,717,410
2,107 500
66,000
1,292,560
514 000
652,740
146,300
119 360
722,800
667 880
246,000
2,810,150
1,375,000
468,020
2,032,800
221,990
628 500
87 600
157,000
25,000
310,470
545,260
178,820
140, 500
1,639,250
119,100
37,990
827,920
1,436,650
410,820
487,170
84,640
424,660

2,520,000

so 666
7,900,000

5,030,000
855,000
345,000

290,000
i

68"), 000
740,000
285,000
100 000
755,000
600,000
100,000
*

60,000
940,000

111,840
436,000
22,590

90,000

545,000
130,000
355,000
303,000
839. 000

Total, other reserv ? cities

309

54,863,596,98

42, 484,440

11,570,000

11,947,000

Total, all reserve c.ties

368

69, 455,560.98 205; 484,320

38,705,000

47,377,000

STATES, EH. .
47
48
49
50
51

Maine
New Hampshire
Vermont?
Massachusetts . .
Rhode Island
Connecticut
Total, New Englr.nd States

*>•>
53
54
*6
>
57

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total, Eastern P tates




78
56
50
179
22
80

1,148,349.94
435,525. 08
403,313.15
2,446.086.42
443,556. 86
1,631,225.66

394,940
140,110
82,280
1,006.590
253,030
660,810

465

6,508,057.11

2,537,760

40,000

2,000

373
173
693
26
82
1

4,610,289. 24
1,617,651.83
9,335,211.17.
131,989,65
448 085 97
12,667.50

2,908.110
1,790,440
4,215,210
77,870
346 350
63,650

625,000
10,000
225,000

160,000

1,348

16,155,895. 36

9,401,630

880,000

10,000
2,000
30, 000

15,000

20 000
175,000

REPORT 03? THE COMPTROLLER OP THE CURRENCY.

165

EACH KEPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
F E B R U A R Y 14, 1908.
Specie.

Circulating notes.

I
Silver
dollars.

Silver i Fractional
Treasury i silver coin.
certificates.

$56,440
452,035
411,936

45,601,176

Issued.

$969,178. 43 $219,426,603.43
490,071.60
45,948,887.60
102,126. 56 22,864,316.56

S25,050,746
15,167.1G1
5,383,269

920,411

Total.

$69,532,100
14,681,000
17,316,735

288,239,807.59

101,529,835

1,561,376.59

11,359,000
1,600,000
917,000
18,917,960
17,760, 000
9,625, 000
4,892,000
550,000
4,322,000
4,723,600
1,767,500
1,432,000
375,000
1,010, 000
1,700,000
350, 000
8,786,100
5,991,000
2,500,000
4,749, 400
1,485.000
4,972, 000
284,900
917, 000
525,000
3,743,000
2, .100,000
850,000
350,000
2,015,000
780,000
689,500
2,116,000
2,825,000
480,000
1,200.000
5,235,000
12,574,000
1,000,000
1,500. 0C0
927,000
500,000

On hand.

Outstanding.

$642,995. 00 $68, 889,105. 00
133,555.00
14,547,445. 00
101,102. 50 17,215,632. 50
877,652.50

100,652,182.50

23, 887
24,879
6,903
170,214
570,723
41,661
28,333
13,000
32,679
79,571
72,531
89,551
22,537
149,589
70,286
80,329
78,634
134,360
131, 869
105,412
77,441
143,329
32,276
73,674
21,804
213,596
209, 295
18,132
96 282
162 000
51,136
28,592
235,185
153,378
46,547
74,588
222,987
187,598
45,361
126,948
187,669
29, 900

6,056,869
375,160
963,189
4,545,464
3,648,937
2,421,767
986,933
48,677
630,013
245,167
281,544
78,533
33,963
306,899
238,190
35,282
1,092,020
574,000
240,763
522,042
63,754
777,874
109,192
83,032
25,710
101,460
337,918
6,184
127 560
1,280,001
74,446
9,744
476,371
215,054
43,902
63,098
81,390
7,450

451

434,638.94
70,342.00
68,992.26
559,814. 75
435,505.48
113,553. 60
157,542.11
15,400.00
50,249. 65
64,723.50
37,213.55
39,666.05
29,297. 25
85,260.83
29,690.90
68,354. 75
68,538. 65
127,705.00
67,207. 75
73,798.20
40,741.50
59,779.15
22,698. 05
56,563.80
9,362. 65
71,202. 80
42,083.65
25,789. 85
27,404 45
92,974.10
33,118.60
20,712.00
181,304. 60
201,512.80
30,252. 05
71,143. 20
168,587.90
449,263. 05
60,207.30
74,593.50
110,480.36
28,553. 95

4,294,666

27,472,680

4,475,824.53

157,108,207. 51

150,395,900

1,623,997. 50 148,771,962.50

5,215,077

73,073,856

6,037,201.12

445,348,015.10

251,925,795

2,501,050.00

249,424,145.00

43,528
47,502
46,435
139,233
5,890
74,326

294,204
288,166
175,202
1,652,665
246,045
767,859

103,877.83
106,821. 99
72,378.11
545,944.38
109,923. 43
314,012.14

1,984,899.77
1,018,125. 07
789,608.26
5, 792,518. 80
1,0.18,445. 29
3,478,232.80

5,894,100
4,902,000
4,679,500
20,731,500
4, 037,500
12, S13,350

100,925.00
95, 785. 00
88,206. 00
301,915. 00
02,217. 50
270,982.50

5,787,175. 00
4,866,215. 00
4,591,234.00
20,429,585. 00
3,975,282.50
12,542,367.50

356,914

3,424,141

1,252,957.88

14,121,829.99

53,117,950

926,091. 00

52,191,859.00

418,343
142,982
1,009, 747
23,653
33,414
1,530

3,244,018
2,033,700
3,776,386
206,362
408, 774
21,412

911,198. 86
438,450.10
1,120,498. 25
47,507. 80
108,314.77
6,020. 00

12,876,959.10
6,033,223.93
19, 697,052. 42
487,382, 45
1,364, 938. 74
105,279.50

29,934,130
13,248,860
48,825,600
1,452,490
3,943,750
250,000

504,357. 50
216,027.50
380,557.50
48,782. 50
58,120. 00
3,400.00

29,429, 772.50
13,032,832.50
48,445,042.50
1,403,707.50
3,885,030. 00
246,600. 00

1,629,669 |

9,090,652 2,631,989.78

40,564,836.14

97,654,830

1,211,245.00

96,443,585.00

60,360
202,317




20,317,229.94
1,968,386.00
2,137,239.76
21,947,319. 75
15,501,714.48
5,154, 044. 60
3,332,962.61
147,577.00
2,055,221.65
2,224,834. 00
1,648,999.05
708,955. 05
293,219. 75
1,627,391.33
1,450,669.40
526,375. 75
5,726,898.15
4,860,252.50
1,932,612.25
3,964, 224. 70
1,788,526.50
3,418,102.15
506,016. 05
599,342.30
307,548.85
2,904,288.80
3,088,470.29
710,465. 85
613,761.45
4,358,445.10
578, 613.10
360,838.00
3,062,755. 60
6, 072, 692. 30
1,027,068.55
2,063, 056. 04
5,344,444.90
9,146, 779.55
5, 975,203.30
4,305,901.50
2,217,354. 66
1,132,404. 95

203,825. 00
30,300. 00
5,650. 00
216,167.50
60,805. 00
130.692.50
97,552.50
10,695. 00
20.807.50
1,150. 00
2 r 650.00
195,500.00
1,350.00
52,400. 00
89,800.00
8,502.50
5.00
53,400.00
17,002. 50
1,300.00
11,910.00
15,212.50
122, 457. 50
9,000.00
5,900.00
4,700.00
17,305. 00
5,000. 00
46,200. 00
6, 750. 00
00,002. 50
40,850. 00
59,550. 00
6,255. 00
7,350.00

11,155,175. 00
1,563,700.00
911,350.00
18,701,792.50
17,699,195.00
9,494,307.50
4,794, 447.50
539,305. 00
4,301,192.50
4,722,450.00
1,767,500 00
1,429,350. 00
375,000. 00
1,010,000. 00
1,504,500.00
348, 650. 00
8,733, 700. 00
5,901,200. 00
2,491,497.50
4,749, 395. 00
1/431,600.00
4,954, 997. 50
283,000.00
905,090. 00
525, 000.00
3,727,787.50
1,977,542.50
841,000. 00
350,000 00
2,015,000. 00
774,100.00
689,500.00
2,111,300.00
2,807,695. 00
475,000. 00
1,153,800.00
5,228,250. 00
12,513,997.50
959,150.00
1,440,450. 00
920,745. 00
492,050. 00

166

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BAXKS AT I>ATE OF
F E B R U A R Y 14, 1908—Continued.
Specie.
Number of
banks.

City, State, and Territory.

Gold coin.

Gold
Treasury
Clearingcertificates
Gold
house
Treasury payable to certificates.
certificates. order, act (Sec. 5192.)
of Mar. 14,
1900.

STATES, ETC.—continued.

70

71
79
73
74
75
76
77
78

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

79
80
81

94
95

%
97

5,000

5,000

1,822,010
1,750,120
2,186,760
888,910
777,310
675,780
1,022,030
304,100

80,000

204,000

425,000
20,000
360,000
70 000
125,000
5,000

27,000

23,034,797.14

9, 427,020

1,085,000

231,000

128
87
195
197
39
30
98
40
312

Hawaii °
Porto Rico

.
.
.

.

Total, Pacific States

Total, island possessions

488,921.55
637,782. 50
1 512 239 80
1,993, 497. 92
1,697,203.90
641,600.00
2,574,262. 45
441,117. 50
1,092,412.00

428 340
518,830
546 000
792,960
791,560
148,090
878,250
257,610
1,156,290

1,126

5,517,930

2,093,770. 00
2, 403,587. 50
5,937,351. 00
782,735. 00
443,737.25
372,370.00
396,959. 00
125,645.00

203,960
231,710
368, 430
174,690
33,080
17,510
133,650
9,100

12,556,154. 75

1,172,130

4
1

...

11,079,037.62

39
56
113
37
14
8
12
2
281

Total, Western State ;
Washington...
Oregon
California
Idaho
.
Utah
Nevada
Ari zona
Alaska a,

7, 426,190

4.637,627.91
3,176,734. 00
4,884,189. 76
2,489,144. 70
2,326,020. 00
2,262,919.90
2, 463,143. 37
795,017.50

1,812

-

Total, Middle Western States

88
89
90
91
92

9,556,654.19

104
92
62
26
90
38
75
26
30
494
40
136
80

Total, Southern States

83
84
85
86
87

$733 700
516,150
225,480
117,200
414,130
192,110
770,090
172,110
388,850
1,998.620
333, 460
487,930
1,076,360

334
228
389
90
122
243
306
100

North Dakota
South Dakota
Nebraska
Kansas...
Montana
Wyoming
Colorado
New Mexico
Oklahoma.

59
60
61
62
63
64
65
66
67
68

$1 025 013 50
1,140,661.30
454,641.85
193,550.00
440,382.50
243,195.95
704,023.90
119,358.37
154,656. 27
2,740,904.80
292,49-1. 50
1,017,906.50
1,029,867. 75

1,293

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

311,655.00
13,057.50

$5 000
%'), 000

15 000
70 000

1,160
10,000

85,000
20,000
10,000

10,000

20,000

5

324,712.50

11,160

Total, States, e t c . .

6,330

79,215,308. 67

35,493,820

2,105,000

433,000

Total, United State :

6,698

148,670,869.65 240,978,140

40,810,000

47,810,000




a Statement of December 3, 1907.

REPORT OP THE COMPTROLLER OF THE CURRENCY.

167

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
F E B R U A R Y 14, 1908—Continued.
Circulating notes.

Specie.

Silver
dollars.

Silver

Fractional
silver coin.

Treasury
certificates.

Total/

Issued.

On h a n d .

Outstanding.

$221,014
116,603
185,740
111,526
398,095
244,256
474,149
126,026
186,943
1,396,344
133, 706
196,597
389,335

$687,786
468,649
213,032
255, 053
426,817
178,887
514,782
107,925
197,744
1,181,066
298,167
293,537
759, 510

$271,621.24
120,065.14
92,439.68
127,978. 35
225,609.11
128,398.37
256, 551. 75
90,570. 40
138,376. 64
708,316.64
105,024. 60
120,261. 95
194,048. 99

$2,944,134. 74
2,362,128.44
1,176,333. 53
805,307.35
1,905,033.61
986,847. 32
2,719,596. 65
615,989. 77
1,066,569. 91
8,025, 251. 44
1,162,849.10
2,116,232. 45
3, 449,121. 74

$9,853,490
6,846,700
4,807,460
2,754. 000
6,764,480
2,945, 200
6,483,910
2, 530,000
2,442,500
16,619,050
1,743,750
9,544,630
7,983,250

$58,282. 50
50,487. 50
12,300.00
8,550.00
30,710. 00
5,812.50
79,205.00
11,000. 00
12,547. 50
52,822.50
4,852. 50
48,447. 50
12,170. 00

$9,795,207.50
6,796,212. 50
4,795,160. 00
2,745,450. 00
6,733, 770. 00
2,939,387. 50
6,404, 705. 00
2, 519, 000. 00
2, 429,952. 50
16,566, 227.50
1,738,897.50
9,496,182.50
7,971,080.00

4,180,334

5,582,955

2,579,262. 86

29,335,396. 05

81,318, 420

387,187.50

80,931,232.50

721,655
457,462
678,624
272,102
290,153
336, 770
500,021
216,532

1,229,001
1,087,046
1,426,939
609, 770
483,929
454, 536
851, 991
266,905

494,403.45
366,819.15
599,819.99
219,106. 40
237,392.41
265,720.22
332,514. 40
116,768. 75

9,188,697.36
6,838,181.15
10,228,332. 75
4,499,033.10
4,474,804. 41
4, 065, 726.12
5,294, 699. 77
1,704,323.25

25, 044.160
14,845,810
20,916, 800
7,476,800
7,208,580
6,943,980
13, 047, 040
4, 730,600

287,455. 00
71,152. 50
230,380.00
24,615. 00
110,782. 50
21,600.00
64,217.50
9,355. 00

24, 756, 705. 00
14, 774,657. 50
20,686,420. 00
7, 452,185. 00
7,097, 797.50
6,922,380.00
12,982,822.50
4, 721,245. 00

3,473,319

6,410,117

2,632,544. 77

100,213.770

819,557.50

99,394, 212.50

110,024
138,240
260,688
406,236
137,278
71,884
186,837
111,256
505,908

171, 739
230,482
302,473
615,464
127,649
44,169
355,392
117,303
767, 714

110,868.16
86, 766. 50
183,636. 79
274,677. 71
86,500. 45
59,406. 60
159,176. 52
50, 274. 95
416,290. 28

1,309,892.71
1,612,101.00
2,820,037. 59
4,152,835. 63
2,840,191.35
965,149. 60
4,153, 917.97
977,561.45
3,938,614. 28

2,202,000
1, 974,290
6,113,410
8,211,330
2,213,200
1,224,800
3,641,760
1,530,490
7,469,190

13,580.00
9,840. 00
68,122.50
71,420. 00
56,992.50
9, 200. 00
55,830. 00
10,157. 50
52,697. 50

2,188, 420. 00
1,964,450. 00
6,045,287.50
8,139, 910. 00
2,156, 207.50
1,215, 600. 00
3,585,930.00
1,520,332. 50
7,416,492. 50

1,928,351

2,732,385

1,427,597. 96

22, 770,301.58

34, 580, 470

347, 840. 00

34,232, 630. 00

148, 709
86,940
313,549
78,615
37,330
21,138
47,004
2,092

62,364
89,694
124,381
44.788
12,547
1,881
34,902
85

111, 693. 09
129,395. 95
318,168. 85
68,177.31
32,148. 59
26, 768. 00
28,939.10
1,853. 50

2,620,496. 09
2,961,327.45
7,071,879.85
1,149, 005.31
558, 842. 84
439,667. 00
641, 454.10
138, 775.50

1,581,480
1,524, 350
7, 791, 750
1,143,650
765, 000
1,454, 750
579, 000
62,500

31, 700. 00
35, 200. 00
135,487. 50
18,032. 50
12,502,50
1,630.00
10,100. 00
500. 00

1,549,780. 00
1,489,150. 00
7,656,262.50
1,125,617.50
752,497.50
1,453,120.00
568,900. 00
62,000. 00

735,377

370,642

717,144.39

15,581,448.14

14,902,480

245,152. 50

15,373
764

460
1,694

13,515.25
1,565.60

342,163. 25
27, 081.10

285,750
100, 000

16,137

2,154

15,080. 85

369,244. 35

385, 750

46,293,797.91

19,002.50

14,657,327.50
266,747. 50
100,000. 00

19, 002.50

366,747.50

12,320,101

28,213,046 11,256,578.49

169,036,854.16

382,173, 670

3,956,076.00

378,217,594.00

17,535,178

101,286,902 17,293,779.61

614,384,869.26

634,099,465

6,457,726. 00

627, 641, 739. 00




168

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE
MAY 14, 1908.
Specie.

City, State, and Territory.

Number of
banks.

Gold coin.

Gold
Treasury
Gold
certificates Clearinghouse
Treasury payable to
certificates. order, act certificates.
(Sec. 5192.)
of Mar. 14,
1900.

CENTRAL RESERVE CITIES.

$4,354,353.50
7, 614,712.50 13,901,150
3,896,300. 00 12,682,830

New York
Chicago
St. Louis
Total, central reserve cities

2,915,000
310,000

$38,245,000

59 I 15,865.366.00 168,895,350 I 45,965,000 38,245.000

OTHER RESERVE CITIES.

1,040,488. 00
373,420. 00
178,098. 00
1,584,591.50
5,704,994. 00
202,033. 00
60,142. 50
7,287. 50
20,334. 00
1, 507,590. 00
878,210. 00
295,022. 50
45,257. 50
383,110. 00
478,392. 50
102,825. 00
888,747. 00
1,857,997. 50
953,112. 50
1,447,210.00
1,217,707.50
1,938,520 00
147,967. 50
386,330. 00
195, 962. 20
2,135,090. 00
2,075,321.14
336, 690. 00
140, 647. 50
272,130. 00
1,386, 610. 00
472,107. 50
300, 435. 00
1,310,575.00
4,918,235. 00
453,785.00
1,700, 943. 24
5, 607,207. 50
6,893.087. 50
5,345,235.00
3,517,045. 00
819,157.50
905,435.00

Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Forth Worth
Galveston
Houston
San Antonio
Waco
Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans.
Topeka
Wichita
Kansas City, M o . . .
St. Joseph.'
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland
Seattle
Spokane
Tacoma

11,002, 720
2,570, 000
1,411,000
60,000
1,076,000
3,346,100 10,825,000 7,085,000
5,048,420
845,000
2, 662,980
290,000
750;000
2,237,680
42,000
1,074,240
555,000
481,540
271,950
93, 400
127,030
656,710
593,390
187,7C0
2,489,720
570,000
2,353; 740
740, 000
543,520
2,050,000
203,170
280,000
818, 670
85,100
100,000
504, 900
20,000
815,950
750,000
570,560
COO, 000 1
148,080
22,550
70,000
142,000
20,000
1, 704, 350
700, 000
323,370
45,450
728,740
2,192,960
429,080
(i(5,530
570, 590
482, 000
30, 000
172,800 1, 490, 000
130, 000
252,000
78,370
872,000
130,000
857,000
389,000
334,000
21,860
47, 933, 980 15,505,000 j 15,752,000

Total, other reserve cities.

312

60, 485,087. 08

Total, all reserve cities

371

76,350,453. 08 J216,829; 330 61,470,000 ; 53,997,000

STATES, ETC

Maine
•New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

•

Total, New England States..




77
57
51
177
22
80

1,163,071.39
445,249. 64
417,249.10
2,387,793. 71
427,399.76
1,692,562. 90

409,650
165,320
85.490
1,128; 620
259,100
712, 710

6,533,326.50 | 2,760,890

10,000 ; . . .
2,000

10,000 . . .
20,000

2,000

REPORT OF THE COMPTROLLER OF THE CURRENCY.

169

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
MAY 14, 1908.
Specie.

Circulating notes.

Silver
Treasury
certificates.

Fractional
silver coin.

$49,603
144,128
224,886

$38,497,Oil
19,577,293
6,231,861

$911,207.61 $267,108,545.11
317,339.05 44, 469,622. 55
136,752. 44 23,482,629. 44

418,617

64,306,165

17,098
8,601
2,737
161,634
504,592
47,683
8,463
20,000
26,372
83, 434
92,598
176,435
26,153
239,047
53,542
89, 725
60,387

6,827,775
140,320
840,338
5,912,000
3,613, 767
2.455, 913
789,006
35, 400
744,814
234,275
134,687
67,435
30,972
171,246
138,546
27, 785
1,156,905
325,086
356,881
463,928
36,820
827,847
131,197
192,044
45,110
83,420
120,916
40,987
22,044
128,966
2,221,677
240,181
18,577
663,086
143,946
39,497
14,441
65,598
45,657
15,506
5,800
97,768
742

Silver
dollars.

106,591
91,426
81,181
99,118
123,215
19,188
51,392
17,527
165,713
155,544
14,513
107 035
29,205
148, 433
39,321
36,089
213,535

117,666
34; 273
91,706
81,121
120,942
72,132
91,650
181,040
27,097

1,365,299.10
345, 482. 42
41,271.00
68,503.20
501,965.29
538,237.85
133,636.20
51,897.75
15,265. 00
36,550.10
69,659. 55
28,756. 30
51,089.70
34,340. 60
92,228. 25
29,864.20
83,005. 50
75, 747. 67
88,183. 73
62,502.00
63,348.25
48,427. 00
60,905.80
13,904. 60
43, 908. 70
10, 797.00
72,326. 05
29, 912.15
17, 942. 45
15,101. 00
14, 721.27
124,033.31
60,131. 60
13,961.95
173,588. 00
151,821.80
24, 755.25
97,733.25
119,376. 60
308, 936. 05
82, 452. 05
58,504.00
103,683. 78
12,884.85

Total.

335,060,797.10

21,803, 563.42
2,034, 612.00
2,165, 676.20
29, 416,290. 79
16,255, 010.85
6,542, 245.20
3,147, 189.25
119, 952. 50
2, 457,310.10
2,376, 498. 55
1, 406,201.30
683, 382.20
263, 753.10
1,542, 341.25
1 293 734. 70
'49l' 100. 50
5,241, 506. 67
5, 471,598.23
2,007, 441. 50
4,105, 667.25
1,885, 242.50
3, 769,157.80
497, 357.10
1,178, 574. 70
289, 396.20
4,022, 499. 05
3, 552,253.29
558, 212. 45
280, 437. 50
607, 022.27
6,285, 103.31
1,135, 111.10
414, 512. 95
3,089, 524. 00
7,524, 628.80
981, 390.25
1,971, 353. 49
6, 955,893.10
9,161, 422.55
5,845, 695. 05
4,674, 999.00
2, 447,649.28
1,302, 018.85

Issued.

On hand.

Outstanding.

$60, 935,100 $1,554,135. 00 $59,380, 905. 00
11,579,000 2,032,055. 00
9, 546, 945. 00
17,021,740
189,202.50
16,832,537.50
9,535,840
11,145,000
1, 600,000
917,000
18,574,600
17,160,000
8,990.000
4, 692, 000
550,000
4,117.000
4, 479,600
1,767,500
1, 432,000
375, 000
1,010,000
1,850,000
350,000
7, 593,400
5,991,000
2,540,000
4,691,280
1,485,000
4, 972,000
285^ 000
932,000
525,000
3,658,000
2,100,000
850,000
300,000
350, 000
3,015, 000
880,000
695, COO
1.960.000
2,825, 000
480,000
1,200,000
5,235,000
12, 574, 000
1,250,000
1,500,000
969,000
500,000

3,775,392.50 | 85,760,447.50

162,912. 50
23, 400. 00
615, 952. 50
65,667. 50
110,512. 50
178, 400. 00
5,300. 00
17,582. 50
1,150.00
7, 750. 00
5,150. 00
170, 400.00
73,650. 00
105, 900. 00
11, 502. 50
52,305.00
12, 740. 00
101,700. 00
3,200. 00
20,350. 00
600. 00
17, 755. 00
128, 457. 50

17,502. 50

15,005. 00
150. 00
61,250. 00
91,500.00
115,125. 00
14,050. 00
5.00

3,833,154

29, 668,906 4,071,403.07

177,254,530.15

148,365.980

4,256, 771

93,975,071

5, 436,702.17

512,315,327.25

237,901,820 | 5,982,317.50 I 231,919,502.50

33,309
43,209
43,832
146,362
3,861
75,853

284,556
298,947
151,235
1,799, 707
288,239
851,970

87.717.32
101,048. 45
62, 677.26
538,872.06
75.508.33
274,062.23

1.978,303.71
1,053,834.09
770, 483.36
6,003,354. 77
1,054,108.09
3,617,164.13

346,486

3,674,660

1,139,885.65

14,477,248.15




5,869,100
4,969,000
4,649,500
20, 429^ 900
4,162,500
12,666,850

2,206,925.00

10,982, 087.50
1,576, 600. 00
917, 000. 00
17,958, 647. 50
17,094, 332. 50
8,879, 487. 50
4,513, 600. 00
544, 700.00
4,099, 417. 50
4, 478,450.00'
1, 767,500. 00
1,424, 250. 00
375, 000. 00
1,004, 850. 00
1,679, 600. 00
350, 000. 00
7,519, 750. 00
5,885, 100. 00
2,528, 497. 50
4,638, 975. 00
1, 472,260. 00
4,870, 300. 00
281, 800. 00
911. 650. 00
524',400. 00
3,640, 245. 00
1,971, 542.50
850, 000. 00
300,
300,000.00 I 32
350, 000. 00
2, 997,497. 50
880, 000. 00
695, 600.00
1, 960,000.00 37
2,809, 995.00 I 38
479, 850.00 I 39
1,138, 750.00 I 40
5,143, 500.00 I 41
12; 458,875. 00
1,235, 950. 00
1,500, 000. 00
968, 995. 00
500, 000. 00

85, 912. 50
87,570. 00
101,591. 00
380, 720. 00
68,332. 50
313,412. 50

52,746,850 j 1,037,538.50

146,159,055. 00

5, 783,187. 50
4,881,430.00
4,547, 909. 00
20,049,180. 00
4, 094,167. 50
12.353,437.50
51,709,311.50

170

EEPOET OF r :HE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE OF EACH
MAY 14, 1908—Continued.
Specie.
City, State, and Territory.

Number of
banks.

Gold coin.

Gold
Treasury
certificates ClearingGold
house
Treasury payable to certificates.
certificates. order, act (Sec. 5192.)
of Mar. 14,
1900.

STATES, ETC.—continued.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

376
173
700
26
83
1

U, 625,833.16
1,780,661.32
9,407,183.35
135,913. 35
471,956. 67
13,255.00

$3,073,150
1,922,840
4, 665,780
80,400
378,390
133,800

$645,000
10,000
190,000

1,359

16,434,802.85

10,254,360

865,000

105
95
67
29
94
39
76
29
30
496
40
137
82

991,035. 25
1,097,491.80
483,112. 87
144,527.00
499,112. 66
311,076.00
749,254.00
149,769. 63
169,657. 20
2 575,065.55
319,974. 00
970,056. 50
1,175,691.75

887,860
474,850
201,260
112,390
279,580
210,530
739,670
209,280
196,020
1, 770,850
238,800
487,820
936,990

1,319

9,635,824. 21

6, 745,900

337
2 Ohio
232
Indiana
4 Illinois
393
5 Michigan
92
6 Wisconsin
122
....
7 Minnesota
249
8 Iowa
307
101
9 Missouri
Total, Middle Western States.... 1,833

4, 705,083. 56
3,316,421.40
4,918,208.52
2,557,378. 80
2,330,116.50
2, 062, 263. 20
2,627,119.42
807,099. 50

1,713,310
1,696,180
2,331,200
882,890
879,240
790, 450
1,226,140
297, 600

90,000
20,000
480,000
40,000
350,000
140,000
160,000
5,000

208,500

9,817,010

1,285,000

255,500

4
^
7
8

Total, Eastern State
0
0

1

o

4
^
7

s
o
1

Q

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
. ..
Alabama
Mississippi
Louisiana
.
.
Texas
Arkansas
Kentucky
Tennessee
Total, Southern Sta :es

o North Dakota

1
^

4
?>
*
ffi
17
S8

South Dakota.
Nebraska.
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

?Q
)0
)1
V
>
)?
)1
)>
*
)6

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Alaska a

Total, Western States

Total, Pacific States
>7 Hawaii a
Porto Rico
Total, island possessions

542,767. 30
621,026.50
1,604,143. 80
1,863,946.77
1,479,320. 50
555,980. 00
2,289,842. 30
509,797. 50
1,084,664. 40

1,132

10,551,489.07

5,179,970

48
57
115
37
15
9
12
2

1,970,954. 85
2,248,472.50
5,260,830.72
672,884. 80
397,066. 25
409,363.00
388,795.00
69,635. 00

283,680
118,550
332,890
125,790
21,920
23,650
138,350
22,790

295

11,418,002.12

1,067,620

4

208,925. 00

1

6,245.00

5

215,170.00

18,500

20,000
288,500
8,000

8,000

7,540

47,000

540
7,000

Total, States, etc

6,407

Total, United States

6,778




23,324,290.90

129
87
198
196
38
30
104
41
309

$270,000

^

415,300
464,100
592,140
819,580
608,870
200, 720
851, 770
239,060
988, 430

78,112,905. 65 35,833,290

35,000

35,000

10,000 1

10,000

1
2,215,000

154,463,358.73 252, 662; 620 63,685,000

a Statement of February 14, 1908.

i

554,000
54,551,000

EBPOKT OF THE COMPTROLLER OF THE CURRENCY.

171

REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
MAY 14, 1908 -Continued.
Circulating notes.

Specie.

Silver
dollars.

Silver
Treasury
certificates.

Fractional
silver coin.

Issued.

On h a n d .

Outstanding.

$823,171.12 $12,981,081.28
6,378,378. 40
431,468.08
19,742,032. 51
1,044,305.16
485, 419.10
42,740. 75
1,385,040.13
101,581.46
213,633. 00
4,700. 00

$30,225,830
13,008^ 360
48,923,920
1,452,500
3,991,150
250,000

$357,227.50
135,850. 00
225, 538.50
8,037. 50
43,765. 00
3,700.00

$29,868,602.50
12,872,510.00
48,698,381. 50
1, 444, 462. 50
3,947,385. 00
246,300.00

41,185, 584. 42

97,851,760

774,118. 50

37,077,641. 50

9.841,750
6,946,200
5,051,240
3,096,750
6,922,730
3,231.980
6,546', 010
2,617,500
2,492,500
16,971,950
1,797,750
9, 595,050
8,108,250

150,972. 50
28,230. 00
3,070.00
12,150.00
3,565. 00
13,577. 50
29,550. 00
26,950. 00
14,927. 50
29,327. 50
3,642. 50
19,207.50
11,020.00

9,690,777. 50
6,917,970. 00
5,048,170. C
O
3,084, 600. 00
6,919,165. 00
3,218, 402. 50
6,516, 460.00
2,590, 550. 00
2,477, 572. 50
16,942,622. 50
1,794,107. 50
9,575,842.50
8,097,230.00

27,322,586. 08

83,219, 660

346,190. 00

82,873, 470.00

8.915,323.20
6,852,663.27
10,330, 409.84
4, 567.002. 99
4, 517,866. 61
4,049,052. 98
5,550,865. 71
1,627,058. 58

25,312, 960
14,896,550
21,224,030
7,501,800
7,277,830
7,176,200
13,324,830
4,748,100

358,745.00
146,377. 50
179,235.00
87,872. 50
171,115. 00
97,150. 00
175,090. 00
32,955.00

24,954,215. 00 7
14, 750,172. 50
21,044, 795.00
7, 413, 927. 50
7,106, 715. 00 7
7,079,050.00
13,149, 740.00
4,715,145. 00 7

2, 441, 227. 28

46,410,243.18

101,462,300

1,248,540.00

100,213,760. 00

115,157.10
77,682.86
163,941.92
248,244.88
81,687.32
64,519. 32
139,013. 94
48, 401.27
354, 787.14

1,342,439. 40
1,488,007.36
2,943,321.72
3,835,448.65
2,380,041.82
925, 478. 32
3, 698,429.24
967, 671. 77
3,442,349.54

2,298,750
2,016, 530
6,323,120
8,022,240
2,236,200
1,224,800
3,701,750
1,535,490
7,581,070

5,740. 00
6,140. 00
27, 685. 00
10,620. 00
30, 402. 50
6,050. 00
14,150. 00
5, 957. 50
15,877.50

2,293,010. 00
2,010,390. 00
6,295, 435. 00
8,011,620.00
2,205,797.50
1,218,750.00
3,087,600.00
1,529,532.50
7,565,192. 50

2,263,772

1,293,435.75

21,023,187.82

122,622. 50

34,817,327.50

73,131
40,687
98,672
40,535
10,308
22,268
40,475
10,797

105,097. 44
109,116.81
277,282. 75
63,996.84
48,023. 46
24,270.18
27,125. 98
2,560.85

2,557,271.29
2,599,711.31
6,263,308. 47
969; 133. 64
529,211.71
497,608.18
636,052. 98
109,892.85

1,669,030
1,583,000
7,998,800
1,137,250
765,000
1, 454, 750
579,000
62, 500

23,850.00
58,360. 00
61,890.00
3,575. 00
2 50
2,990^ 00
600. 00
6,100.00

1,645,180.00
1,524,640.00
7,936,910.00
1,133,675. 00
764,997. 50
1, 451,760.00
578,400.00
56,400. 00

336,873

657, 474. 31

14,162,190. 43

15,249,330

157,367.50

15,091,962.50

438
2,777

6,250.20
1,866.25

227,951.20
17,977.25

285,750
100,000

2.50

285,747. 50
100,000. 00

3,215

8,116. 45

$369,773
120,520
894,367
21,212
34,154
630

$3,174,154
2,112,889
3,521,897
205,153
378, 958
61,248

1, 440, 656

9, 454,299

2, 447,966. 57

225.180
125,932
195,386
126,020
356, 592
268,187
465,359
133,339
127,799
1,082,627
123,898
175, 963
305,727

756,594
418,344
206,835
198,283
306.129
223^ 389
376, 607
89, 412
173,935
893,030
225,760
281,967
656,496

249, 515. 21
114,680. 21
95,216.49
107,477. 57
216,283.17
158,140. 40
204,968. 73
87,189.15
115,032. 70
690,851.94
90,301. 75
113,231.93
171,182. 62

3,712,009

4,806,781

2,414,071.87

600,2(55
420,269
590,681
241,459
241,624
313,81S
412,038
177, 693

1,138,807
1,088,004
1,412,720
618, 556
• 506,607
483,166
820, 094
220,814

459,357. 64
311,788.87
550,600. 32
226,719.19
210,279.11
259,355. 78
304,874.29
118,252. 08

2, 997,847

6,289,368

118,606
126,607
239,362
363, 414
108,936
57,007
168,085
73,271
444,233

150,609
198.591
308,734
540,263101,228
47,252
249, 718
97,142
570,235

1,699,521
124,408
82,885
283,633
65, 927
51,894
18,057
41,307
4,110
672,221
11,798
89

Total.

3,118,184. 46
2,231,298.01
1,181,810.36
688,697.57
1,657,696.83
1,171,322.40
2,535,858.73
668,989. 78
782, 443. 90
7,012, 424. 49
998. 733. 75
2,029,038. 43
3,246,087. 37

34,939. 950 j

245, 928. 45

385,750

2.50

385,747. 50

10,880,627

26,828,968 10,402,177.88

164,826,968.53

385,855,600

3,686,379. 50

382,169,220. 50

15,137,398

120,804,039 15,838,880.05

677,142,295. 78

623,757,420

9,668,697.00

614,088,723.00

11,887




5
5
5
5
5
5

5
6
6
6
6
6
6
6
6
6
6
7
7

8
8
8
8
8
8
8
8
81

I

9
&
9,
9
9
9

9
9v

172

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION or NATIONAL BANKS AT DATE OF
JULY 15, 1908.
Specie.

City, State, and Territory.

Number of
banks.

Gold coin.

Gold
Treasury
Gold
certificates Clearinghouse
Treasury payable to
certificates. order, act certricates.
(Sec. 5192.)
of Mar. 14,
1900.

CENTRAL RESERVE CITIES.

1
3

New York. .
Chicago
St. Louis
Total, central reserve cities

37
14
8
59

$4,365,354.00 $137,636,880 $29,715,000 $41,010,000
5,526,287. 50 14,585,260
4,040,000
4,011,585.00 9,161,090
200,000
13,903,226.50 161,383,230

33,955,000

41,010,000

1,116,936.50 12,004,680
421,055.00 1,364,000
100,000
1,166,500
185,733.00
1,831,751.50 3,107,400 10,200,000
6,142,567.50 5,356,670
255,055.50 2,476,720
390,000
955,750
55,652.50
5,950. 00
27,500
20,416. 50
988,100
1,440,452. 00
515,510
245,140
460,790. 50
298,790. 00
80,070
66,672. 50
116,140
342,137. 50
767,250
616,190
466,972. 50
176,150
75,752. 50
2,388,170
673,515.00
610,000
2,043,275.00 2,518,000
951,352. 50
653,120
1,274,655.00 2,077,000
1,535,800.00
207,250
693,800
1,804,239.50
165,047.50
100,000
85,500
439, 792. 50
392,020
151,877.00
20,000
2,094,629. 50
746,060
760,666
310,640
2,412,777.38
600,000
163,180
294,450.00
12,840
113,727.50
70,000
207,520. 00
175,000
20,000
1,608,920
1,626,610.00
800,000
646,397. 50
339,460
318,415. 00
65,990
1,296,090.00
758,810
5,154,156. 00 1,569,030
483,390. 00
408,300
1,729,991.70
30,280
4,990,012.50
83,800
8,972,715.00
18,480 1,420,000
5,312,090. 00
13,300
61,610
4,255,687. 00
757,864. 75
297,510
9,300
879,635. 00

2,955,000

OTHER RESERVE CITIES.
4
5
fi

7
H
9
10

n

13
/\

15
fi

17
IS

19
^0
^1
24
26
27
">q

30
31
S3
36
37
38
40
41
42
44

45
46

Boston
Albany
Brooklyn..
Philadelphia
Pittsburg
Baltimore
.
Washington
Savannah
New Orleans..
Louisville
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee....
Cedar Rapids
Des Moines
Dubuque...
Minneapolis
St Paul.
Kansas City Kans
Topeka
Wichita
Kansas City, Mo .
St Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland, Oregon
Seattle..
Spokane
Tacoma

21
3
4

34
28
18
10
2
6
9
5

7
3
7
6

5
10
7
9
7

4
6
3
4
3
5

6
3
3
3
7
4
4
5
7
3

4
10
11
4
4

4
2

7,220,000
925,000
240,000
460,000

745,000
30,000

535,000
370,000
239,000
583,000
868,000
361,000

Total, other reserve cities

310

63,772,998.33

45,731,140

15,070,000

15,531,000

Total, all reserve cities...

309

77,676,224.83 207,114,370

49,025,000

56,541,000

STATES, ETC.

47
48
40
50
51
52

Maine
New Hampshire
Vermont .
Massachusetts
Rhode Island
Connecticut
Total, New England States

53 New York
New Jersey . .
55 Pennsylvania....
56 Delaware
*)7 Maryland
58 District of Columbia
Total, Eastern States




80

1,179,808.39
448,553. 64
426,862. 00
2,389,966. 66
394,610.24
1,663,396.53

410,160
174, 770
88,520
1,098,430
229,630
693,930

464

6,503,197. 46

2,695,440

40,000

3,000

379
173

2,938,660
1,996,620
4,536,020
61,870
366,730
93,000

675,000
10,000
205,000

360,000

1

4,657,898. 25
1,771,414. 36
9,409,199. 99
133,993. 35
478, 753. 67
13,887. 50

1,366

16,465,147.12

9,992,900

910,000

57
51
177
9
2

703
27
83

10,000

3,000

36,666

15,000

20,000
375,000

REPORT OF THE COMPTROLLER OF THE CURRENCY.

173

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.

JULY 15, 1908.
Circulating notes.

Specie.

Silver

dollars.

Silver
Treasurycertificates.

Fractional
silver coin.

$894,233. 21 $255,639,185. 21
382,857.26 j 45,589,381.76
67,524.83 | 19,282,784.83

$41,609 $41,976,109
128,850 20,926,127
114,682
5,727,903
285,141

68,630,139

14,204
12,839
3,127
138,068
519,104
48,846
7,428
13,500
55,726
52,799
66,039
132,344
47,123
188,910
69,869
72,208
59,109
105,303
85,815
69,548
137,010
149,863
13,648
34,349
12.143
84,836
138,836
9,494
5,153
13,050
139,191
62.144
40,868
186,515
120,421
35,142
112,163
70,298
73,496
55,369
110,246
136,822
16,885

Total.

1,344,615.30 | 320,511,351.80

8,571,006
105,220
1,177,071
4,940,860
2,581,744
2,260,183
509,539
24,892
700,240
252,163
75,410
41,025
77,795
182,544
209,161
19,876
1,238,987
445,950
257,492
484,021
299,598
898,753
99,404
93,832
63,480
92,415
199,185
22,742
14,531
119,350
1,775,823
103,887
39,127
669,304
357,023
45,128
17,910
46,343
17,884
16,385
14,000
133,953
1,437

368,453. 07
36,092.40
97,044.45
508,575.31
423,355.55
107,048.90
56,820.20
14,907.00
55,044.35
67,716.75
22,858.19
62,819.50
37,448.25
114,034.70
44,757.70
84,902.60
92,614.71
79,596.00
48,258.40
70,827.30
38,753.85
59,962.80
13,376.50
21,223.60
6,552. 92
73,012.50
39,223.26
10,922.90
7,239.45
23,242.35
154,306.75
63,190.10
14,605.30
170,413.20
168,275.60
22,707.00
69,203.40
123,160.45
323,130.90
66,425.80
84,484. 95
88,253.55
21,764.50

25,090. 279. 57
2,039: 206. 40
2,629 , 475. 45
27,946 ,654.81
15,948, 441.05
5,777: ,853.40
1,585:,189.70
86: 749.00
2,279: ,526.85
2,328: 640.75
870: 237.69
615' 048.50
345, 178.75
1,594: 876.20
1,406: 950. 20
889.10
428: 395.71
5,062: 124. 00
5,937: 037.90
1,996: 051.30
3,976: 411. 85
2,248: 618. 30
3,606: 976. 00
476^ 217.10
981: 052.92
254: 953. 00
3,850: 661. 64
3,700: 788. 90

500. 490.95
223: 162.35
558: 850. 75
6,104: 078. 60
1,215:.005.30
479: 132. 20
3,0811 905. 60
7,3681 667. 00
994: 548.10
1,959: 213.95
5,849: 705. 90
11,195; 569. 80
5,702, 027. 95
5,109: 403. 30
2,2821 021. 50
l,290l

Issued.

On hand.

Outstanding.

$58,778,100 $1,628,295.00
11,879,000 2,064,155.00
17,036,290
175,425.00

$57,149,805.00
9,814,845.00
16,860,865.00

3,867,875.00

83,825,515.00

87,693,390
11,145
1,6001
930:
17,617:
16,460:
8,815:
4,6921
5501
4,1171
4,479!
1,767!
1,432'
375,
1,010.
1,950!

141,272.50
16,000.00
965,200.00
62,042.50
174,262.50
132,702.50
23,482.50
1,150.00
500. 00
11,250.00
9,050.00
60,400. 00

350i

7,558,
5,99ll
2,540.
4,617,
1,250.
4,972;
315,
932,
525,
2,873,
2,450,
850,
300,
350,
2,915,
880,
595,
1,960,
2,825,
480.
1,2001
5; 235
12,699
l,250l
1,500,
1,019
500

144,552.50
160,550.00
2.50
9,007.50
28,100.00
154,000.00
16,900.00
14,805.00
380,807.50

17,852.50
60,007.50
59,400.00
195,950.00
185,885.00
88,650.00
13,255.00
50,550.00

11,003;,727.50
1,584:, 000. 00
936 ,950.00
16,652 ,440.00
16,397 ,957.50
8,640:,737.50
4,559 ,297.50
550i,000.00
4,093 ,517.50
4,478 , 450. 00
1,767:,000.00
1,420 , 750. 00
375 ,000.00
1,000:,950.00
1,889:,600.00
350 ,000.00
7,413 ,847.50
5,830: 450. 00
',
2,539:
',997.50
4,608 ,072.50
1,2211,900.00
4,818:,000.00
315: ,000.00
915: ,100. 00
525: ,000.00
2,858',195.00
2,069 , 192. 50
850 ,000.00
300 , 000. 00
350 ,000.00
2,897 ,147.50
880 ,000.00
595 ,600.00
1,960 , 000. 00
2,764 ,992.50
480 ,COO. 00
1,140 ,600.00
5,039 ,050.00 , _
12,513 ,115.00 i 42
1,161 ,350.00 '
1,500 ,000.00
1,005 ,745.00
449 , 450. 00

3,519,851

29,296,673

4,056,600.96 j 176,978,269.29

145,879,830

3,177,647.50

142,702,182.50

3,804,992

97,926,812 j 5,401,222.26 j 497,489,621.09

233,573,220

7,045,522.50

226,527,697.50

5,869,100
4,969.000
4,669,500
20,495,000
4,162,500
12,720,350

60,292.50
30,830.00
61,806.00
174,687,50
17,617.50
142,710.00

5,808,807.50
4,932,170.00
4,607,694.00
20.320,312.50
4; 144,882. 50
12,577,640.00

86,708.81
93,558.00
72,280.16
544,544.33
78,296.99
278,185.20

2,004,329.20
1,038,521.64
807,999.16
6,105,903.99
991,807.23
3,687,913.73

37,160
40,769
37,199
147,832
5,097
60,693

290,492
280,871
173,138
1,922,131
284,173
961,709

328,750

3,912,514

1,153,573.49 I 14,636,474.95

52,885,450

493,943.50

52,391,506.50

363,299
131,764
779,342
20,683
34,331
370

3,131,563
2,283,129
3,214,905
216,365
347,732
27,724

851,220.02 ! 12,977,640.27
439,468.58 I 0,032,395.94
1,031,398.60
19,190,865.59
482,719.85
49,808.50
105,078.86
1,352,625.53
136,811.50
1,830.00

30,260,050
13,496,340
49,294,250
1,475,980
4,042,250
250,000

285,120.00
195,465.00
455,628.50
22,207.50
42,325.00
3,600.00

29,974,930.00
13,300,875.00
48,838,621.50
1,453.772.50
3,999^925.00
246,400.00

1,329,789

9,221,418

2,478,804.56

570

1,004,346.00

97,814,524.00




40,773,058.68 j

174

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE OF
J U L Y 15, 1908—Continued.
Specie.
Number of
banks.

City, State, and Territory.

Gold coin.

Gold
Treasury
Gold
certificates Clearinghouse
Treasury payable to
certificates. order, act certificates.
(Sec. 5192.)
of Mar. 14,
1900.

STATES, ETC.—continued.

f>9
70
71

Virginia....
West Virginia.
North Carolina....
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana.
Texas
Arkansas..
Kentucky
Tennessee

72
73
74
75
76
77
78
79

Ohio . .
Indiana
Illinois .
Michigan
Wisconsin.
Minnesota
Iowa .
Missouri

•>?
*4
>
R5
Rfi
R7

105
95
68
29
94
39
76
29
30
500
40
136
86

$969,719.20
1,073,378.30
473,039. 87
179,757. 50
548,535. 52
256,094. 70
667,992.50
149,635. 23
166,580. 70
2,445,395. 30
264,826. 50
941,684. 50
1,087,856.25

$840,070
485,420
191,770
83,320
265,960
229,520
630,640
168,940
185,420
1,532,070
223,390
444,780
924,170

1 327

9,224, 496. 07

6,205, 470

10,000

66, 500

339
235
395
92
124
251
306
102

4, 48-4,255. 06
3,148,192.60
4,653,924. 64
2,446,399. 20
2,279,114.50
1 921 800 00
2,663,314. 97
818,842. 00

1,751,390
1,655,460
2,327,180
882,890
854 090
781 070
1,105,050
271,800

250,000
20,000
510,000
45,000
* 400 000
130 000
200,000
5,000

286,500

Total, Middle Wrestern States.... 1,844

iO

....

Total Southern States

97
98

Hawaii a
Porto Rico

Total, Pacific States
;

Total, island possessions.....

9,910,407. 62

4,816,770

1 941 972 00
2,092,490.00
5,287 190 00
633,315 00
407,607. 00
396 115 00
305,970.00
70,245. 00

242 050
133,430
299 880
153 490
9, 560
27 380
96,570
27,010

307

Washington
Oregon
California
Idaho...
Utah
Nevada
Arizona . .
Alaska «

392 620
425 630
590 000
814 520
623 800
177 650
723,710
223 660
845,180

52
59
118
38
16
9
13
2

Total, Western States
89
90
91
9?
93
94
95
96

9,628,930

523,867 30
640,358 00
1 527,222 30
1 761 222 02
1, 542, 480 50
446 480 00
2,045,498 55
402 952 05
1,020,326.90

1,142

North Dakota
ST South Dakota
Nebraska
Kansas
Montana
Wyoming
K6 Colorado
S7 New Mexico.
88 Oklahoma

22,415,848.97

131
89
200
199
40
30
104
41
308

m

11,134,904.00

989,370

4
1

240 210 00
12,560. 00

1,000

$10,000

52,000

2,150

5

252,770. 00

Total, States, etc

6,455

75,906,771.24

Total United S t a t e s . . .

6,824




$65,500

35 000

35,000

10 000

10,000

2,150 |
34,331,030 j 2,565,000

153,582,996. 07 241,445,400

a Statement of May 1.4,1908.

338,5u0

1,560,000

51,590,000

:

783,000
57,324,000

BEPOET OF THE COMPTROLLER OF THE CURRENCY.

175

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.

JULY 15,1908—Continued.
Circulating notes.

Specie.

Silver
dollars.

Silver
Treasurycertificates.

Fractional
silver coin.

Total.

Issued.

' On hand.

Outstanding.

$206,747
102,252
167,038
127,959
295,198
261,744
440,930
104,229
121,026
949,505
110,613
158,302
255,134

$584,253
364,854
185,411
179,444
296,968
179,117
296,784
65,361
125,405
709,564
184,040
271,746
645,652

$229,720.41
118,392.23
74,408.75
111,566.73
179,099.19
155,085.78
198,347.28
91,176.90
96,250.99
621,444.60
89,300.65
109,431.21
151,711.74

$2,896,009.61
2,144,296.53
1,091,667.62
682,047.23
1,586,760.71
1,081,561.48
2,234,693.78
579,342.13
694,682.69
6,257,978.90
872,170.15
1,935,943.71
3,064,523.99

$9,940,150
7,045,850
5,358,490
3,134,250
7,155,230
3,244,480
6,577,010
2,707,500
2,492,500
17,154,440
1,892,750
9,735,050
8,229,750

$143,482.50
27,275.00
14,130.00
16,950.00
5,935.00
14,840.00
20,150.00
27,555.00
13,300.00
62,217.50
1,785.00
35,247.50
16,045.00

$9,796,667.50
7,018,575.00
5,344,360.00
3,117,300.00
7,149,295.00
3,229,640.00
6,556,860.00
2,679,945.00
2,479,200.00
17,092,222.50
1,890,965.00
9,699,802.50
8,213,705.00

3,300,677

4,088,599

2,225,936.46

25,121,678.53

84,667,450

398,912.50

84,268,537.50

552,126
395,500
511,008
214,163
201,522
298,823
369,209
156,017

1,110,024
967,196
1,283,983
595,591
499,842
484,228
739,406
224,056

467,626.95
304,425.02
544,727.33
200,647.68
190,432.34
260,750.87
307,384.06
111,.330.32

8,901,922.01
6,490,773.62
9,882,822.97
4,384,690.88
4,425,000.84
3,876,677.87
5,384,364.03
1,587,045.32

25,520,490
15,070,380
21,385,030
7,620,300
7,375,330
7,296,240
13,283,830
4,769,350

271,487.50
82,310.00
150,955.00
78,520.00
137,195.00
88,230.00
58,500.00
21,075.00

25,249,002.50
14,988,070.00
21,234,075.00
7,541,780.00
7,238,135.00
7,208,010.00
13,225,330.00
4,748,275.00

2,698,368

5,904,326

2,387,324.57

44,933,297.54

102,320,950

888,272.50

101,432,677.50

107,720
114,293
221,448
338,989
87,354
46,232
133,953
55,743
353,478

147,850
158,214
262,112
574,593
122,833
39,040
258,553
84,400
475,252

103,524.10
75,039.51
150,466.80
237,011.43
82,552.19
56,725.02
131,827.30
44,146.60
331,033.15

1,275,581.40
1,413,534.51
2,786,249.10
3,726,335.45
2,459,019.69
766,127.02
3,293,541.85
810,901.65
3,025,270.05

2,349,750
2,025,280
6,489,150
8,130,340
2,296,200
1,224,800
3,764,250
1,557,990
7,691,630

10,050.00
12,790.00
11,825.00
31,485.00
62,552.50
2,500.00
15,790.00
7,207.50
14,157.50

2,339,700.00
2,012,490.00
6,477,325.00
8,098,855.00
2,233,647.50
1,222,300.00
3,748,460.00
1,550,782.50
7,677,472.50

j 1,459,210

59
60
61
62
63
64
65
66
67
68
69
70
71

i

i

2,122,847

1,212,326.10

19,556,560.72

35,529,390

168,357.50

45,023
46,485
96,284
64,949
6,783
2,934
38,644
1,301

104,067.30
93,805.75
306,779.93
57,453.33
28,883.30
19,041.15
27,310.05
2,371.75

2,441,645.30
2,424,067.75
6,261,047.93
970,755.33
485,326.30
465,593.15
506,424.05
105,507.75

1,792,780
1,622,590
8,215,800
1,137,250
778,250
1,486,750
629,000
62,500

41,130.00
97,610.00
76,785.00
1,725.00
7,202.50
5,127.50
1,300.00
11,300.00

1,751,650.00
1,524,980.00
8,139,015.00
1,135,525.00
771,047.50
1,481,622.50
627,700.00
51,200.00

584,278

302,103

639,712.56

13,660,367.56

15,724,920

242,180.00

22

15,709.30
1,225.20

272,761.30
14,052.20

285,750
100,000

502. 50

285,247.50
100,000.00

22

16,934.50

286,813.50

385,750

502.50

385,247.50

80
81
82
83
84
85
86
87
88

15,482,740.00

14,670
267

78
79

35,361,032.50

108,533
57,857
260,914
61,848
32,493
20,123
37,930
4,580

72
73
74
75
76

14,937
9,716,009
13,521,001

25,551,829 10,114,612.24

158,968,251.48 1 390,332,780

3,196,514.50 687,036,265.50

123,478,641 ! 15,515,834. 50 656,457,872.57 1 623,900,000 10,242,037.00
I




613,663,963.00

89
90
91
92
93
94
95
96

97
98

176

EEPOET OF THE COMPTROLLER OF THE CURRENCY.
No.

50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE OF
S E P T E M B E R 23, 1908.
Specu1.

Number of
banks.

City, State, and Territory.

Gold coin.

Gold
Treasury
certificates ClearingGold
house
Treasury payable to
certificates. order, act certificates.
(Sec. 5192.)
of Mar. 14,
1900.

CENTRAL RESERVE CITIES.
$4,376,853.50 $155,177,860 $32,365,000 $45,810,000
5,339,276.00 17,755,670
3,975,000
4,241,375.00 10,219,220
310,000

59

13,957,504. 50 183,152,750

21
3
5
34
27
18
10
2
6
9
5
7
3
8
6
5
10
7
4
6
3
4
3
5
6
3
3
3
8
4
4
5
7
3
4
10
11
4
4
4
2

1,322,959.00
432,725.00
212,565.50
1,605,859.50
5,121,441.00
252,283. 00
64,650. 00
4,802. 50
32,899.00
1,263,957.50
609,780. 00
202,860. 00
126 707. 50
353.131.50
370,115.00
68,880.00
465,865. 00
2,141,802. 50
937,537. 50
1,292 125 00
1,782,492.50
1,935,012. 50
105,855.00
456,930. 00
143,467. 00
2,449,776. 50
2,109,709. 22
101,870.00
117.580.00
133,765. 00
2,201,032.00
532,465.00
409,257.50
1,154,960.00
4,822,555. 00
515,206.14
1,271,915.35
5,437,200.00
10,237,807. 50
4, 639,290. 00
3,348,590. 00
504,395. 75
717,235.00

13,434,570
1,369,000
972, 470
4,618,290
5,192,370
3,023,240
1, 464,160
67,000
640,890
521,000
252,080
103,160
170,140
987,660
592,450
208,270
2,169,540
2,455,000
653,170
2,102 600
211^990
667,000
57,000
61,450
20,000
842,120
285,9C0
198,430
33,000
195,000
1,401,570
419,790
31,920
€81,080
1,663,100
438,990
47,800
93.760
55, 4(!0
7,810
40,000
230,000
34,020

312

62,011,312.96

48,714,910

14,020,000

18,999,000

Total, all reserve cities

3

37
14
8

Total, other reserve cities

1

371

75,968,817. 46 231,867,660

50,670,000

64,809,000

New York
Chicago . .
St. Louis
Total, central reserve cities

36,650,000

45,810,000

OTHER RESERVE CITIES.
4
6
7
8
q
10

1°
13
14
15
16
17
18
20
22
*>4
25
07

oq
30
31
32
34
35
36
37
39
10
41
4?
43
45
46

Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
• Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans
Topeka
Wichita
Kansas City Mo
St Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland, Oreg
Seattle
Spokane
Tacoma

-

.

...

2,575,000
130,000
8,430,000
330,666

9,615,000
1,750,000
310,000
595,000

960,000

249,000
740,000
100 000

100,000
760,000
600,000
450,000
70,000
70,000
800,000

40,000
1,280,000

550,000
455,000
307,000
545,000
972,000
230,000

STATES, ETC.
48
50
52

Maine
New Hampshire
Vermont
Massacuhsetts
Rhode Island
Connecticut
Total, New England States




77
57
51
177
22
80

1,170,176.92
460,280.14
426,464.55
2,347,241.31
442 010.26
1,691,341.71

395.950
180,640
95,340
1,169.680
229,160
665,560

464

6,537,514. 89

2,736,330

10,000
2,000
30,000
40,000

2,000

BEPOET OF THE COMPTEOLLEB OF THE CUEBENCY.

177

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.

SEPTEMBER 23, 1908.
Specie.

Silver
dollars.

Silver
Treasury
certificates.

Fractional
silver coin.

$58, 013 $39, 353, 065
121, 872 16,158, 825
114, 162
5,559, 895
294, 047

13,853
5,907
5,864
150, 791
451, 918
47, 744
8,313
11, 000
35,182
42, 569
84 K72
70,727
26 467
63 239
47, 059
52 438
64, 367
53 521
89 589
78, 215
42 075
96,100
12 105
39 492
3 431
100 843
36,315
11 199
15 247
18
82^501
43 538
49 529
102,373
81 021
33 517
100 154
78 345
108 331
41 526
79; 179
137 091
19 639

Circulating ]
lotes

Tot

$858, 451. 52 $277, 999,243. 02
335, 585. 85 43,686, 228. 85
73,009.74 20, 517, 661. 74

Issued.

Onl^Lant

Outstanding.

$57, 375,250 $1,993, 197. 50
12, 304,000 2,094, 005. 00
249, 672. 50
17, 036,290

555,382, 052. 50
10, 209, 995. 00
16,786, 617. 50

61, 071, 785 1,267, 047. 11 342, 203, 133. 61

86,715,540

4,336, 875. 00

82, 378, 665. 00

26,189,706. 30
2,151, 285.54
2,158, 059.61
30, Oil, 276. 49
15,676, 604.70
6,036, 235. 40
2,135, 349. 75
137, 128. 50
2,227, 874. 35
1,993, 835. 57
1,073, 090. 20
502, 551. 70
471, 029. 65
1,720, 480. 00
231, 436. 60
422, 724 85
5,299, 274. 00
6,275, 042. 95
1,944, 029. 45
3,983, 885. 68
2,557, 881. 50
3,803, 019. 60
361, 764. 00
753 727. 60
214, 995. 20
4 333 843. 00

1,095,000
1,900,000

520, 557. 50
119,800. 00
18, 300. 00
2,197, 620. 00
157, 142.50
91, 452. 50
23,402. 50
50,005. 00
64, 282. 50

10,574, 442.
50
1,780, 200. 00
918, 700. 00
15,261, 080. 00
15,952, 857. 50
8,428, 547. 50
4,668, 597. 50
549, 995. 00
4,052, 717. 50
4,429, 600. 00
767, 500. 00
416,
1, 250. 00
355, 900. 00
1,010, ono 00
1,851, 600. 00
350, 000. 00
7,329, 647. 50
5,701, 100. 00
2,532, 397. 50
4,877, 072. 50
1,253 780. 00
4,932, 200. 00

8,489, 478
175, 525
874, 010
5 054, 868
2,807, 995
1,977, 434
536, 077
44, 026
884, 068
103, 817
90, 561
72, 115
105, 689
200,522
173, 510
37, 799
1,310, 428
827 791
215 943
453 621
392 396
1,040 883
68 211
148 495
42 565
111 910
199 646
20 093
14 501
113 9GQ
1 613 289
130, 699
12 257
457 652
275 136
50 946
24 302
68 272
21 r.97
6 905
10;000
111 825
780

353, 846. 30
38,128. 54
93,150. 11
536, 467.99
352, 880. 70
95,534. 40
62, 149. 75
10, 300. 00
39,835. 35
62, 492. 07
36,090 an
53,689. 70
42, 026. 15
115, 927. 50
48, 302. 60
55,337. 85
80,074. 00
56,928. 45
47, 789. 95
57, 324. 68
28, 928.00
64, 024 10
18, 593. 00
47, 360. 60
5,532.20
69 193 50
72 438 45
25 374 15
10 967 75
17 895 59
169 390 35
61 105 10
23 974 65
134 327 00
J31 986 75
21 389 60
60 424 00
148 368 70
229 450 45
62 307 20
45 007 40
48 600 10
22 079.00

261 295. 75
548 430 59
6 297 782 35
I5 187 597 10
526 938 15
2 530 992 00
6 973 798 75
1 060 048 74
1 504 595 35
415 945 70
12 387 745 95
5 064 838 20
4 067 776 40
2 003 911 85
1 029 753 00

937,000
17, 458,700
16,110,000
8,520,000
4,692,000
600,000
4,117,000
4,429,600
1,767,500
1,432,000
375,000
1,010,000
1,950,000
350,000
7,382,900
5,991,000
2,540,000
4,906.680
1,459,000
r
'>005,0C0
;
165,000
962.000
525,000
3,423,000
2 450,000
850,000
300,000
350,000
2 895.000
880,000
595,600
1 750,000
2 825,000
480.000
1 200,000
5 23n,000
13 324,000
1 350,000
1 500,000
1 019,000
500,000

2,735,397

29 400 997 3,757 000 03 179 638 616 99

3,029 444

90 472,782

30 664
40, 401
38,053
136,138
5,551
56,896

267,379
319, 409
160,897
1,910,213
284,438
813,263

307,703

3,755 ,599

98, 400. 00
53,252. 50
289, 900. 00
7,602. 50
29,607. f 0
>
205 220. 00
72 800 00
2 242 50
16,750 00

9

2
2

162 797 50 2
9-15 250 n
o 2
52 5 000 00 2
3,409 695 00 2
2 065 697.50 3
832 500 00 3
300 000. 00 3
350 000. no 3
2 894 000 00 3
872 950 00 3
595 600 00 3
1 744 997 50 3
2 779,945 00 3
476 100 00 3

13 305 00
384 302 50
17 500 00

1 000 00
7 050.00
5 662! 50
45 055 00
3 900. 00

98 100 00
.

705"66"

1 101 900 00
4 771 902 50
13 030 412 50
\ 309,750 00
1 500 000 00
967 295 00
500 000 00

146 606,980

5, 477 002 50

141 129 977 50

5,024 047.14 521 841 750 60

233 322,520

9,813

1 957 573 67
1 108 148 04
800 345.56
6 109, 454.44
1 052 119.75
3 512 250.11

5 831,600
4 988, 990
4,694,500
20,720,000
4,162,500
12,736,350

91,260.00
77,625 .00
47,541 .00
280,717 .50
30,097.50
204,230.00

5 740 340.00
4 911 365.00
4 646 959.00
20,439 ,282 .50
4,132 ,402 .50
12,532 ,120.00

1,100 , 744. 68 14 539,891.57

53,133,940

731,471 .00

52,402,469.00

93 403. 75
107 417.90
69,591.01
544,182.13
90,960.49
255 189.40

62280—CUR 1008


3,304 068. 67
806 966 15

15,750. 00
19,100.00

1
1
1
1
1
1
1
1
1
1
2
2
2

(•,

463 097 50
293 587 50

!
40,250.00 |

""hi

877.50

' 223

4
4
4
4
1
1

508 642 50
t
1

L
1
i

178

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No.

50.—SPECIE AND CIRCULATION OF NATIONAL BANKS AT DATE OF
S E P T E M B E R 23, 1908—Continued.
Specie.
Number of
banks.

City, State, and Territory.

Gold coin.

Gold
Treasury
ClearingGold
certificates
house
Treasury payable to certificates.
certificates. order, act
(Sec. 5192.)
of Mar. 14,
1900.

STATES, ETC.—continued.
*)3
54
55
57
58

379
175
709
27
83
1

New York
New Jersey .
Pennsylvania
Delaware
Maryland
District of Columbia

1,374

Total, Eastern States

$4,630,126. 47
1,776,035.93
9,231,947.44
130, 477. 50
477,003. 67
14,675. 00

$3,007,470
2,049,730
4,537, 470
111, 070
394, 340
78,700

$655,000
10,000
205,000

16,260,266.01

10,178,780

890,000

$440,000
15,000

20,000
455,000

65
66
67
68
fiQ

70
71

1,137,837.05
1,098,67170
469,573.87
174,670.00
396,069. 62
239,671.85
556,057. 50
148,698.20
148,032. 20
2,352,284. 65
227,364.50
1,005,265.00
1,054,357. 25

1,336

9,008,554.39

6,358,600

15,000

17,500

342
238
396
91
124
250
309
102

4,397,079.16
3,140,392. 35
4,600,625. 35
2,424, 723. 20
2,224,877. 50
1,937,616.51
2,610,380.97
824,036.00

2,141,590
1,683,490
2,514,320
808,540
824,450
768,120
1,339 890
273,900

50,000
20 000
535,000
40,000
440 000
150,000
225,000
5,000

205,000

Total, Middle Western States . . . 1.852

59
60
61
62
6?

107
94
69
30
95
39
76
30
32
501
40
136
87

22,159,731.04

10,354,300

1,465,000

316,000

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas.
.
Arkansas
Kentucky
Tennessee
Total, Southern States

70

73
74
75
76
77
7ft
79

80
81
82
83
94

86
87
88

Ohio . .
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa... .
Missouri

North Dakota
South Dakota
Nebraska
Kansas .
Montana
Wyoming
Colorado.
New Mexico
Oklahoma

132
89
203
202
41
28
103
40
298

96

Washington
Oregon
California.
Idaho
Utah
Nevada
.
Arizona
Alaska a

07
98

Hawaii a
Porto Rico

0T

Total, Pacific States

469,900
500,560
602,990
881,630
579,160
170,550
736,190
221,080
821,770

9,510,303.32

4,983,830

54
61
122
38
16
-13
2

1,703,214.85
2,041,128.75
5,082,702. 75
703,554. 00
418, 790. 00
374,360. 00
270,355. 00
88,535. 00

221,290
142,550
259,260
162,070
10,490
37,140
109,500
40,150

315

10,682,640. 35

982,450

4
1

. ..

508,962. 00
640,348. 00
1,571,915.75
1,679,114.27
1,423,921.55
414,965. 00
1,917,742.75
375,787. 50
977,545.90

1,136

.

Total, Western States
89
00
91
00
03
94

756, 630
467,130
223,210
62,180
406,1C0
198,030
612,780
204,960
208,410
1,644,410
233,550
456,460
884,690

164,665. 00
11,035.00

17,500

5,000
10,000

111,000

110
6,000

Q

35,000

5,000
40,000

10,000

10,000

5

175,700. 00

6,110

Total, States, etc

6,482

74,334,710. 00

35,600,400

2,460,000

790,500

Total, United States

6,853

150,303,527. 46 267,468,060

53,130,000

65,599,500

Total, island possessions




a Statement of July 15, 1908.

EEPOKT OF THE COMPTROLLER OF THE CURRENCY.

179

EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
S E P T E M B E R 23, 1908—Continued.
Circulating notes.

Specie.

Silver
dollars.

Silver
Treasury
certificates.

Fractional
silver coin.

Total.

Issued.

On h a n d .

Outstanding.

$324,401
128,981
750,344
18,480
36,043
1,150

S3,546,963
2,378,782
3,768, 992
258,190
422,671
18,150

$800, 583.00
459,194.06
1,081,139.96
58,127.40
103,868.42
2,860.00

$13,410,543.47
6,802, 922. 99
19,589,893. 40
576,350.90
1, 453,926.09
115,535.00

$30,633,050
13,627,110
49,660,000
1,484,000
4,042,250
250,000

$370,470.00
254, 917.50
340,643.50
9,697.50
39,380.00
4,000.00

$30,262,580.00
13,372,192.50
49,319,356.50
1,474,302.50
4,002,870.00
246,000.00

1,259,399

10,393,754

2,511,772.84

41,948,971.85

99,696, 410

1,019,108.50

98,077,301.50

382,075
88, 988
124, 967
81,715
241, 430
220,102
326,228
103,127
105,573
892,489
86,969
137,791
218,803

571,134
389,672
149,982
192,194
359,119
206,980
325,067
72,514
143,243
829,017
212,715
278,275
392,297

210,473.80
116,584.13
76,540.44
66,998.05
182,299.82
143, 443.41
153,355.02
73,910.85
110,303.20
679,604.53
83,256.75
114,707.96
152,640.99

2,875,649.85
2,161,046.83
1,044,273.31
577,757.05
1,585,078.44
1,008,227.26
1,973,487.52
603,210.05
715,561.40
6,402,805.18
843.855.25
2,002, 498.96
2,702,788.24

10,032.250
7,071,400
5,460,880
3,384,250
7,568,230
3,367,000
6.660.010
2,717,500
2,498,750
17,317,440
1,899,000
9,753,050
8,566,250

114,797.50
55,8-90.00
14,200.00
33,850.00
40,640.00
6,032.50
54,200.00
15,385.00
995.00
24,722.50
10.00
27.662.50
11,665 00

9,917,452.50
7,015,510.00
5, 446,680.00
3,350, 400.00
7,527,590.00
3,360,967.50
6,605,810.00
2,702,115.00
2, 497,755.00
17,292,717.50
1,898,990.00
9,725,387.50
8,554,585.00

2,810,257

4,122,209

2,164,118.95

24,496,239.34

86,296,010 |

400,050.00

85,895,960.00

472,591
397,670
493,658
150,835
178,798
238.552
325,316
140, 914

1,017,153
1,133,904
1,399,939
476,046
381,749
445,195
689,748
193,985

443,246.26
328,881.46
579,257. 47
188,239.31
179,508.05
241,543.62
310,789.70
110,729.90

8, 726,659.42
6,704,337.81
10,233,799.82
4,088,383.51
4,229,383.15
3,781,027.13
5,501,124.67
1,548,564.90

25,251,260
15,211,130
21,589,080
7,574,300
7,477,830
7,388,740
13,383,090
4,872,050

268,935.00
176,407.50
196,342.50
73,552.50
135,090.00
101,592.50
58,267.50
24,655.00

24,982,325.00
15,034,722. 50
21,392,737.50
7,500,747.50
7,342,740.00
7,287,147.50
13,324,822. 50
4,847,395.00

2,398,334

5,737,719

2,382,196. 37

44,813,280.41

102,747,480

1, 034, 842.50

101,712,637.50

81,442
93,778
ISO, 391
327,066
70, 455
42,279
121,921
49, 844
336,327

174,281
204,107
295,254
556,005
59,845
29, 974
220,585
86,175
512,536

93,614.92
86,049.93
152,404.70
245,205.32
79,218.75
53,291.18
137,605.32
34,059.51
347,245.71

1,328,200.52
1,524,842.93
2,837,955.45
3,689,020.59
2,212,600.30
711,059.18
3,134,044.07
766,946.01
3,000, 424.61

2,367,000
2,034,050
6,512,160
8,290,800
2,309, 450
1,193,550
3,801,750
1,551,490
7,445,820

7, 420.00
11,770.00
27,230.00
49,935.00
79,152.50
6,700.00
19,680.00
11,007.50
30,037.50

2,359,580.00
2,022,280.00
6,484,930.00
8,240,865.00
2,230,297.50
1,186,850.00
3,782,070.00
1,540,482.50
7,415,782.50

1,303,503

2,138,762

1,228,095.34

19,205,093.60

35,506,070

242,932. 50

35,263,137.50

103,287
60,974
234,549
58,154
29,872
13,315
40,615
A, 106

42,098
38,462
90,000
53,192
7,381
6,420
17,448
2,240

96,628.95
92,149.35
328,946.70
49,366.69
28, 949.95
18,470.60
30,334.72
2,507.50

2,166,518.80
2,375,264.10
6,005,458.45
1,026,336.69
495, 482.95
449,705.60
468,252.72
137,538.50

1,845,900
1,640,590
8,646,050
1,149,750
778,250
1,486,750
629,000
62,500

20,500.00
73,940.00
196.030.00
9,925.00
10,802.50
9,235.00
8,850.00
4,850.00

1,825,400.00
1,566,650.00
8,450,020.00
1,139,825.00
767, 447.50
1,477,515.00
620,150.00
57,650.00

544,872

257,241

647,354.46

13,124,557.81

16,238,790

334,132.50

15,904,657.50

16,978
296

207
3,981

11,787 90
710.00

285,750
100,000

24,400.00

261,350.00
100,000.00

4,188

52
5^
hi
hi
51
5$

17,274

193,747.90 1
22,022.00 1

12,497.90

215,769.90

385,750

24,400.00

361,350.00

8,641,342

26, 409, 472 10,107,380.54

158,343,804.54

394,004, 450

3,786,937.00

390,217,513.00

11,670,786

116,882,254 15,131,427.08

680,185,555.14

627,326,970 13,600,814.50

613,726.155.50




hi
6C
61
6^
6C
6^
61
6(
6'
6*
6i
7(
71

7*
7[
7<
7.
7(
7"
7*
7{

8(
8
8:
&
8,
8(
8'
8*

S(
9(
9
95
9;
9'
9,
9(

9"

180

REPOKT OF THE COMPTROLLER OF THE CURRENCY.

No. 51.—GOLD, SILVER, COIN CERTIFICATES, LEGAL TENDERS, AND CURRENCY
JANUARY 20, 1877, TO

Date.

January 20...
April 14
June 22
October 1
December 28.
March 15
May 1
June 29
October 1...
December 6.
January 3
April 4
June 14
October 2
December 12.
February 21.
April 23
June 11
October 1
December 31.
March 11
May 6
June 30
October 1
December 31.
March 11
May 19
July 1
October 3
December 30.
March 13
May 1
June 22
October 2
December 31.

Gold coin.

Gold
Treasury
certificates.

Clearinghouse
certificates.
(Sec. 5192i)

1877.

$7,442,340
6,475,354
5,306,263
4,869,656
5,506,556

$39,111,780
16,999,580
12,179,520
14.088,460
23,100,920

9,213,351
8,507,059
8,191,952
9,086,518
12,070,092

40,398,170
32,657,480
16,021,460
16,209,460
16,246,360

18,833,580
20,559,395
21,530,846
23,629,718
60,104,792

16,205,620
14,060,240
13,975,600
13,557,520
13,332,860

37,756,021
39,599,469
43,622,510
47,508,472
56,131,943

8,238,600
7,380,000
8,439,560
7,175,560
7,557,200

$38,090,000
33,538,000
41,087,000
48,167,000
36,053,000

53,916,465
65.002,542
60,043,276
58,910.369
62,783,387

5,523.400
5,351;300
5,137,500
5,221,800
4,021,500

38,461,000
44,194,000
56,030,000
43,090,000
38,332, 000

59,485,006
59,885,129
58,371,599
55,003,663
47.091,033

4,609,700
4,505,100
4,440,400
4,594,300
22,651,770

37,987,000
39.581,000
41,132,000
34,986,000
28,235,000

46,543,644
47,584,784
44,863,816
45,807,457
46,404,061

15,340, 440
21,013,490
32,791,590
27,012,600
28,555,260

27,239,000
25,487,000
27,369,000
24,750,000
27,043,000

51,091,689
51,064,871
50,145,738
50,876,067

27,060,4.50
26,486,120
26,637,110
47,217,340
50,559.910

30,837,000
25,317.000
20,900,000
19,092,000
22,231,000

58, 796,463
62,392,112
66,559,047
65.196,781
70,107,747

70,250,860
77,412,160
74,816,920
72.986,340
59,611,840

24,364,000
24,149,000
24,199,000
"25,294,000
26,634,000

74,262,790
77,663,587
71,249,234
71.682,807
72,855,405

62,377,500
41,446,430
41,339,220
48,426,020
55,259,260

25,115,000
26,867,000
25,706,000
24,520,000
24,926,000

1878.

1879.

18H0.

1881.

1882.

1883.

1884.
March 7
April 24
J u n e 20
September 30

1
;
j

December 20

1 53,939,911 j

1885.

March 10
May 6
Julyl
October 1
December 24.
1886.
March 1
June 3
August 27
October 7
December 28.
1887.
March 4
May 13
August 1
October 5.

December 7.

24,590,000
59,245.100
21,489,000
56,387,010
24,044,000
54,274.940
23,981,000
53.961,690
73,782,489
25,485,000
44,341,120
73,677,377
« Includes §l,S20,000 clearing-house coin certificates.




|

73,503,962
73,864,674
74,093,439

United
States certificates for
gold deposited.

181

REPORT OP THE COMPTROLLER OF THE CURRENCY.
CERTIFICATES HELD BY NATIONAL
SEPTEXMBER 23, 1908.

Silver dol-

Fractional

BANKS

AT DATE

T
T o t a l specie.

OF EACH

REPORT

FROM

I United States
1 + 1 ,. 'certificates of Total lawful
Note's
i deposit lor
No.
notes
money.

*

legal-tender
notes.

$3,155,147
3,597,979
3,850,213
3,700, 704
4,300,274

$49,709,267
27,072,913
21,335,996
22,658,820
32,907,750

$72,689,710
72,351,573
78,004,386
66,920,684
70,568,248

$25,470,000
32,000,000
44,410,000
33,410,000
26,515,000

$147,868,977
1311 424,486
143, 750, 382
122,989,504
129,990,998

5,118,037
4,859,217
5,038,057
5,387, 728
5,889,228

$4,900
149,570

54,729,558
46,023,756
29,251,469
30,688,606
34, 355,250

64,034,972
67,245,975
71,643, 402
64, 428,600
64,672,762

20,605,000
20,995,000
36,905,000
32,690,000
32,520,000

139,369,530
134,264,731
137,799,871
127,807,206
131,548,012

6,428,917
6, 484,538
0, 770,171
4,919,343
4,902,309

31,640
44,390
56,670
67,150
228,080

41,499,757
41,148,563
42,333,287
42,173,731
78,568,041

70,561,233
64,461,231
67,059,152
69,196,696
54,725,096

28,915,000
21,885,000
25,160,000
26,770,000
11,295,000

140,975,990
127,494, 794
134,552,439
138,140,427
144,588,137

5,002,090
5,416, 403
5,862,035
5,330,357
5,976,558

295,340
495,860
495,400
1,165,120
1,454,200

89,442,051
86,429,732
99,506,505
109,346,509
107,172,901

55,229,408
61,059,175
64,480,717
56,640, 458
59,216,934

10,760,000
7,870.000
12,500,000
7,655,000
6,150,000

155,431,459
155,358,907
176,487.222
173,641i967
172,539,835

6,250,370
6,820,380
6,482,561
5,450,387
6,800,512

1,004,000
1,260,340
945,590
1,662,180
1,143,240

105,156,439
122,628,562
128,638,927
114,334,736
113,680,639

52,156,439
62,516,296
58,728,713
53,158,441
60,114,387

6,110,000
8,045,000
9,540,000
6,740,000
7,920,000

163,422,878
193.189,858
196,907,640
174,233,177
181,715,020

6,700,325
7,233,758
6,896,223
6, 466,215
6,984,896

1,202,080
1,202,020
854,040
1,807,600
1,464,460

109,984,111
112,407,007
111,694,262
102,857,778
106, 427,159

50,633,572
65,979,013
64,019,518
63,313,517
68,478, 421

9,445,000
10,385,000
11,045,000
8,645,000
8,475,000

176,062,683
188,771,020
186,758,780
174,816,295
183,380,580

6,910,472
6,963,732
7.208,858
7,594,896
8,4707 647

1,928,810
2,558,260
3,121,130
2,053,030
3,803,190

97,902,366
103,607,266
115,354,394
107,817,983
114,276,158

60,848,068 |
8,405,000
167,215,434
68,256,468 I 8,420,000 S 180,283,734
73,832,458 | 10,645,000 I 199,831,852
70,682,997 ! 9,960,000 | 188,460,980
80,559,796 J 10,840,000 I 205,675,954

8,961,408
9,141,466
9,117,834
8,092,557
7,985,488

3,529,580
2,735,250
2,861,000
3,331,510
5,030,770

122,080,127
114,744,707
109,661,682
128,609,474
139, 747,079

75,847,095
77,712,628
76,917,212
77,044,659
tb, c 9,555

14,045,000
11,975,000
9.870,000
14; 200,000
19,040,000

211,972,222
204,432,335
196,448,894
219,854,133
235,156,634

9,188,060
9,327,047
8.897,555
6,322.832
5,303,288

4,516,490
4', 135,] 00
3,139,070
2,274,650
1,037,340

12,797.969
2,060,137

107,115,873
177,415,419
177,612,492
174,872,572
165,354,352

71,017,322
77,336,999
79,701,352
69,738,119
67,585,466

22,760,000
19,135,000
22,920,000
18.800,000
11,705,000

260,893,195
273,887,418
280,233,844
263,410, 691
244,704,818

6,029,733
6,757,263
6,209,600
6,465,792
7,463,152

1,502,960
1,812,290
1,820,770
2,610,652
3,690,225

2 327 936
2.913,305
2,675,668
2,681,525
2,789,514

171,615.919
157,459,875
149,000,492
156,387', 696
166,983,556

67.014,886
79,656,783
64,039,751
02,812,322
67,739,828

12,430, C O
O
11,850,000
8,115,000
5,855,000
6,195,000

251,060,805
248,966,658
221,155,243
225,055,018
240,918,384

7,517,343
7,139,180
6,343.213
6,683,368
7,724,334

3,667,608
5,121,188
3,535,479
3,961,380
5,029,545

3,154,893
3,314,613 j
2,813,139
2,715.527
2,983,267

171,678,906
167,315,665 I
165.104,210
165,085,454
159,240,643

66,228,158
79,595,088
74, 477,342
73,751,255
75,361,975




7,645,000 !
8,025,000 !
7,810,000 !
6,190,000 i
6,165,000 i

245,552,064
254,935,753
247,391,552
245,026,709
240,767,618

182

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No.

51.—GOLD, SILVER,

COIN CERTIFICATES, LEGAL TENDERS, AND CURRENCY
JANUARY 20, 1877,

Date.

No.

United
S t a t e s certificates for
gold deposited.

Gold coin.

1888.
$74,317, 628
74,921,740
74,825,782
70,222,886
70,825,188

$55,230,020
54, (304,280
68,761,930
79,883,810
75,334, 420

73,751,134
74,597, 566
73,907,610
71.601,530
71,910,468

78,861,210
78,256,120
69,517,790
66,010,950
64,902,260

72,286,957
72,601,180
73,989,093
74,664.828
77,325,784

77, 467,560
74,776,720
72,968,100
93,335,600
82, 569,980

4,958,000
5,708,000
4,463,000
3,469,000
3,030,000

82,050,500
82,891,099
87,695,142
84, 464,347
84.200,590

83.697,900
75, §14, 460
63,910,310
60,173,670
85,091,060

4,913,000
6, 424,000
6,706,000
7,300,000
7.689,000

88, 426,189
95,104,914
96,723.083
95,021,-.'53
94, 754,328

97,841,160
96,656,060
85,530,100
71,050,180
73,118, 480

8,066,000
8,530,000
8,498,000
7,860,000
6,237,000

99,857,235
101,006,532
95,799,862
129,740, 438
143,928,989

69,198,790
62,783, 410
50,650,100
47, 522, 510
52,274,100

4,939,000
5,073.000
4,285', 000
5,080,000
7,305,000

February 28..
May 4
July 18
October 2
December 19.

124,904,826
128.180,159
125,0517 677
125,020.291
119,898,047

66,456,110
41,928,330
40,560, 490
37,810,940
29,677,720

7,825.000
34,721,000
34,023,000
34,096,000
31,219,000

March 5
May7
J u l y 11
September 28.
December 1 3 . .

120,855,576
123,258, 437
117, 476,837
110,378,300
113,843, 401

25, 400, 860
23.182,950
22', 425,600
21,525,930
20,936,030

31,904,000
30,823,000
31,315,000
31,021,000
33, 465,000

108.165,901
105; 938,780
110,133,160
114,921,270
118,631,050

20,935,130
21,383,020
20,336, 400
19,706,620
19,192,210

27,793,000
30,440,000
31,384,000
26,096,000
43.197,000

118.809,396
119,609,201
119, 467,606
! 118,856,207
119,747,644

19,725,360
19,426,050
16,792,990
17,513,900
19, 484,500

49,770,000
51,361,000
57, 426,000
59,525,000
67,861,000

125,710,167
131,081,263
! 132.888,037
! 127,990, 556
' 129,009,745

18,062,350
18,230,690
18,457,340
18,323,870
17, 586, 450

February 14.
April 30
June 30
October 4
December 12.
18S9.
February 2 6 . .
May 13
July 12
September 30.
December 1 1 . .
1890.
F e b r u a r y 28
May 17
July 18
October 2
December 19
1891.
February 2 6 . .
May 4
July 9
September 25.
December 2 . . .
1892.
March 1
May 17
July 12
September 30.
December 9 . . .
1893.
March 6
May 4
July 12
October 3
December 19.
1894.

1896.

99
100

Febiuary 28.,
May 7
July 14
October 6
December 17.

101
102
103
104
105

March 9
Mav 14
July 23
October 5
December 17

106
107
108
109
110

F e b r u a r y 18
May 5
J u l y 14
September 20
December 1

1897.

1898.




TO

79,083,000
118,333,000
133,576,000
104, 356,000
134,879,000

REPORT OP THE COMPTROLLER OF THE CURRENCY.
CERTIFICATES HELD BY NATIONAL BANKS

AT DATE

183

OP EACH REPORT FROM

SEPTEMBER 23, 1908—Continued.
Silver dollars.

Silver
Treasury
certificates.

United States
Legal-tender certificates oi Total lawful N o .
Fractional
deposit for
notes.
money.
silver coin. Total specie.
legal-tender

notes.

882,317,070
83,574,210
81,995,043
81,099,461
82,555,000

$10,120,000
9,330,000
12,315,000
8,955,000
9,220,000

$200,208,284
204,978,221
275,002,919
208,152,277
264,509,338

56
57
58
59
00

182,284,803
185,170,451
175,903,809
164,326,449
171,089,458

88,024,860
97,838,385
97,450,832
86,752,093
84,490,894

13,785,000
13,355,000
14,890,000
12,945,000
9,045,000

284,G94,003
290,309,830
288,250,701
264,023,542
204,025,352

61
62
03
64
65

4,778,130
3,979,400
4 524,801
4,320,013
4,417,567

181,540,138
178,165,494
178,604,064
195,908,859
190,063,000

86,551,002
88,088,992
92,480,409
80,604,731
82,177,126

8,830,000
8,135,000
9/825;000
6,155,000
5,760,000

270,927,740
274,389,480
280,909,533
282,608,590
278,000,132

06
67
68
09
70

17,397,259
18,272,781
19,802,695
20,409,735
18,816,462

4,950,509
4,588,054
5,023,920
4,818,751
4,948,125

201,240,363.
194,939,411
190;769,537
183,515,076
207,898,035

89,400,399
90,375,249
100,399,811
97,615,608
93,854,354

11,655,000
11,515,000
18,845,000
15,720,000
8,765,000

302,295,702
302,829,060
310,014,348
290,850,084
310,517,389

71
72
73
74
75

7,304,242
7,259,640
7,406,596
6,785,084
7,593,084

22,954,656
26,040,211
25,523,399
22,993,451
22,550,089

5,555,721
5,453,283
5,579,302
5,405,711
5,635,680

230,147,968
239,044,108
229,320,480
209,116,379
209,895,201

99,445,735
107,981,402
113,915,016
104,207,945
102,270,335

24,080,000
26,405,000
23,li5,000
13,995,000
6,470,000

353,673,703
373,430,510
360,350,490
327,379r324
318,041,596

76
77
78
70
8C

7,212,800
7,615,574
7,380,457
7,905,844
7,530,135

21,695,114
24,603,511
22,626,180
28,385,889
34,776,253

5,438,877
6,140,115
6,119,574
6,009,179
5,439,171

208,341,816
207,222,142
180,761,173
224,703,860
251,253,648

90,935,774
103,511,103
95,833,077
114,709,352
131,020,759

14,675,000
12,130,000
6,660,000
7,020,000
31,255,000

313,952,590
322,863,305
289,254,850
346,433,212
414,135,407

81
82
83
84
SI

7,741,205
7,489,931
7,016,489
0,110,354
6,954,778

43.181,166
41^580,054
38,075,412
28,784,897
29,743,446

6,058,278
6,041,850
5,943,584
5,422,172
5,548,232

256,166,585
259,941,924
250,670,652
237,250,054
218,041,223

142,708,676
146,131,292
138,216,318
120,544,028
119,513,472

35,045,000
46,030,000
50,045,000
45,100,000
37,090,000

433,980,201
452,103,210
438,931,970
402,894,682
374,644,095

8C
87
8£
88
90

7,263,610
7,245,537
7,248,059
5,505,459
0,984,382

29,550,637
28,519,277
30,127,457
22,914,180
25,878,323

5,950,959 220,931,642
5,017,399 218,646,600
5,834,241 214,427,194
196,237,311
4,892,382
5,005,274 • 206,712,410

113,281,622
118,529,158
123,185,172
93,940,085
99,209,423

31,655,000
20,930,000
45,330,000
49,920,000
31,440,000

365,868,264
304,105,758
382,942,300
340,103,996
337,301,833

91
92
93
94
95

7,406,130
7,285,043
6,867,060
6,721,871
6,975,025

25,869,370
31,512,287
29,495,375
28,057,695
32,144,649

5,847,928
5,814,316
5,619,454
5,305,176
5,400,174

196,017,459
202,373,446
203,835,449
200,808,632
225,540,709

112,507,513
118,971,052
113,213,290
110,494,730
118,893,612

28,735,000
28,035,000
27,165,000
31,840,000
37,080,000

337,259,972
349,380,098
344,213,739
343,143,302
381,514,321

96
97
98
99
10G

7,198,522
6,948,233
6,853,275
6,476,504
7,509,247

32,864,502
33,175,176
34,626,625
31,593,302
31,752,596

5,581,082
5,556,723
5,756,105
5,422,788
5,808,565

233,948,862
236,076,383
240,922,601
239,387,702
252,163,552

118,637,852
120,554,992
126,511,020
107,219,929
112,504,875

67,695,000
53,590,000
46,085,000
42,275,000
45,840,000

420,281,714
410,221,375
413', 518,621
388,882,631
410,508,427

101
102
103
104
105

7,459,428
8,100,544
7,903,587
6,861,433
8,012,695

34,964,239
35,316,790
36,458,014
30,679,950
32,700,651

6,098,741
6,120,479
6,334,152
5,662,349
6,412,167

271,377,925
317,182,772
335,677,130
293,874,158
328,600,711

120,265,185
119,058,081
114,914,997
110,038,300
117,845,702

49,250,000
23,975,000
20,385,000
16,810,000
17,905,000

440,893.110
460,210,453
470,977,127
420,722,458
404,351,413

106
107
108
109
110

§3,256,603 $173,830,614
172,074,011
3,114,507
181,292,276
2,819,278
3,255,891 178,097,810
172,734,278
3/276,200

$7,835,028
7,509,827
C,900,432
7,051,931
7,086,620

$0,945,275
7,813,057
7,094,854
7,298,298
8,812,844

6,990,879
6,700,739
6,780,730
5,543,000
6,459,483

10,863,380
11,955,291
12,452,057
10,007,002
11,222,004

4,199,200
4,052,735
4,495,082
3,728,901
4,089,243

7,294.424
6', 098,007
6,793,752
6,489,534
7,229,037

14,761,061
15,002,127
15,805,318
13,029,284
15,484,038

8,231,195
7,448,417
7,031,470
0,348,573
7,152,798




184

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No.

51.—GOLD, SILVER, COIN CERTIFICATES, LEGAL TENDERS, AND CURRENCY
JANUARY 20, 1877, TO

Date.

February 4..
April 15
June 30
September 7.
December 2..
February 13..
April 26
June 29
September 5.
December 13.
February 5
April 24
July 15
September 30.
December 10
February 25
April 30
July 16
September 15
November 25
February 6
April 9
J une 9
September 9
November 17
January 2 2 . . .
March 28
June 9
September 6..
November 10.
January 1 1 . .
March 14
May 29
August 2 5 . . .
November 9.
January 29
April 6
June 18
September 4 . .
November 12.

January 26.,
March 22...
May 20
August 22 ..
Decembers.
Februarv 14..
May 14
July 15
September 23.

1899.

1900.

1901.

1902.

1903.

1904.

1905.

1906.

1907.

1908.




United
States certificates for
gold deposited.

Gold coin.

Gold
Treasury
certificates.

Clearinghouse
certificates.
(Sec. 5192.)

$134,336,296
133,190,052
137,690,618
117,082,951
103,052,570

$17,669,500
17,708,880
23,152,390
41,389,130
70,986,670

$169,910,000
166,311,000
148,495,000
133,140,500
100,648,000

104,882,872
104,624,499
102,834,447
103.750,172
107,561,080

93,611,360
100,989,330
101,263,430
115,018,140
102,269,910

90,887,000
92,070,000
91,023,500
93,390,000
91,789,000

110.369,107
110,280,301
108,871,024
106.736,761
j 105.425,840

133,447,930
122,950,940
108,490,040
117,806,580
100,266,100

89,154,000
82,315,000
85,465,000
89,854,000
84,746,500

$13,315,000

!
\ 105,572,077
110,687,138
108,202.383
104,051,296
101,333,097

126,900,190
105,709,930
106,867,430
84,248.770
115,484,070

88,409,000
83.749,000
82', 099,000
82,137,000
76,814,000

16,970,000
21,720,000
25,950,000
28,425;000
28,015,000

105,288,729
105,337,464
107,539,938
105,569.894
102,963; 2.58

118,765,050
108,460,880
104,561,520
119.367,220
110,020,660

72,435,000
68,693,000
64,984,000
63,307,000
67,584,000

42,215,000
32,385,000
28,505,000
27,180,000
25,730,000

107,699,553
109,154,988
111,296,409
108.439,861
108,575,819

146,028,950
148,464,700
161.155,120
175', 077.020
153,101,640

62,661,000
85,689,500
82.278,000
80,969,000
86,535,400

45,765,000
38.360,000
36,880,000
53,655,000
46,899,000

112.221,348
107,061,094
111,221,153
114,105,132
117,022,998

160,675,460
169,374,460
158,238,690
170,707,820
146,375,090

79,120,000
77,593,000
75.974.500
79,905,000 j
79,678.000 I

34,350,000
33,675,000
34,765,000
32,615.000
24,520;000

116,305,486
112,326,222
118,513.281
120.765,996
117,124,753

176,977,160
146,016.280
163,439.710
147,408,760
173,262.050

76,203,000
24,550.000
70,503,500
29,565,000
69,197,000 I ^30,040.000
66,515,500
29,150^000
68.248,500 ! 32,230,000

119.848,124
121,972,200
123,013.697
125,114,859
160, 420,045

198,518,340
182,658,800
189,009.420
169,034.270
171,217,160

67,402,000
66,701.000
62,988!000
69,605.500
42,869,000

31,005,000
28.450,000
48; 225,000
41,045,000
23,540,000

148,670,869
154,463,358
153,582,996
150,303,527

240,978,140
252.662,620
241i445,400
267,468,060

47,810,000
54.551,000
57 \ 324,000
05,599,500

40,810,000
63,685,000
51,^90,000
53,130,000

BEPOBT OF THE COMPTROLLER OF THE CTJRBENCY.
CERTIFICATES HELD BY NATIONAL BANKS

AT DATE

185

OF EACH REPORT FROM

SEPTEMBER 23, 1908—Continued.

Silver dollars..

Silver
Treasury
certificates.

United States
Fractional Total specie. I Legal-tender certificates of Total lawful
deposit for
No.
silver coin.
I
notes.
money.
legal-tender

notes.

$6,416,452 $371,843,494 $116,003,066
6,511,293 364,162,553 110,235,423
6,543,426 356,822,046 116,337,935
6,501,758 338,571,383 111,214,651
6,211,721 314,825,376 101,675,795

$8,151,429
8,246,829
8,361,974
7,998,538
7,569,649

$35,359,818
32,193,899
32,578,638
32,458,505
26,356,766

8,798,952
9,053,o51
9,236,232
8,782,306
9,748,534

34,132,389
44,049,035
44,437,981
45,243,559
40,763,675

7,265,251
7,264,654
7,218,119
7,144,233
7,540,024

339,587,824
358,051,069
356,013,709
373,328,410
359,672,224

122,466,493
139,838,063
143,755,522
145,046,493
141,284,945

10,436,238
9,593,379
9,399,355
8,649,959
9,600,000

48,533,778
53,893,133
51,259,021
46,467,349
48,452,821

8,015.090
7,740,938
7,601,102
7,167,222
7,846,237

399,956,143
386,773,692
371,085,543
376,681,871
369,652,498

152,386,332
159,324,246
164,929,624
151,018,751
151,118,358

552,342,475
549,857,938
540,800,167
539,555,022
520,770,856

9,594,579
9,999,626
10,379,556
8,868,571
9,389,713

51,277,355
58,590,893
62,466,880
50,747,624
51,950,374

8,358,962
8,303,974
8,798,719
7,757,859
8,295,407

407,082,162
398,760,561
404,763,968
366,236,120
391,281,661

154,C82,692
159,484,226
164,854,292
141,757,618
141,310,109

561,764,854
558,244,787
569,618,260
507,993,738
532,591,770

11,160,021
10,481,056
10,560,422
10,336,143
10,044,184

58,161,298
54,637,578
63,350,733
62,791,768
53,084,545

9,547,048
9,086,543
9,114,765
9,004,143
8,863,779

417,572,146
389,081,521
388,616.378
397,556', 168
378,290,420

153,025,573
147,133,313
163,592,829
156,749,859
142,325,352

570,597,719
536,214,834
552,209,207
554,306,027
520,615,778

1L 676,304
10,090,134
11,209,634
9,880', 982
11,134,774

69,105,776
63,472,250
76,251,788
67,532,494
68,381,697

10,254,970
9,185,698
9,593,194
9,194,578
9,559,492

453,191,553
464,417,270
488,664,145
504;748,935
484,187,822

161,434,599
153,098,314
169,729,173
156,707,594
157,942,968

614,626,152
617,515,584
658,393,318
661,456,529
642,130,790

13,173,946
10,716,821
10,244,630
10.696,469
12;023,556

80,948,964
74,754,758
79,574,711
77,454,951
70,549,585

11,359,312
10,073,927
9,616,387
9,995,081
10,755,238

491,849,030
483,249,060
479,635,071
495,479,453
460,934,467

178,122,523
157,904,573
169,629,979
170,073,847
161,157,612

669,971,553
641,153,633
649,265,050
665,553,300
622,092,079

12,166,780
13,913,893
11,585,583
11,693,445
11,676,649

75,211,364
74,596,749
81,841,914
77.142,042
67^779,733

11,154,585
12,257,757
11,369,769
11,761,548
11,954,586

492,568,375
459,179,401
485,987,257
464,437,291
482,276,271

175,734,915
161,315,467
165,246,347
161,575,120
152,273,887

668,303,290
620,494,868
651,233,604
626,012,411
634,550,158

12,404,499
12,434,941
12,298,117
12,797,869
14,743, 594

79,262,608
74,665,847
82,382,636
99,668,414
81,722,820

13,281,982
13,203,126
12,797,039
13,841,839
15,172,659

521,722.553
500,085,914
530,713,909
531,107,751
509,685; 278

173,780,969
156,134,637
160,877,239
170,515,782
151,099,458

695,503,522
650,220,551
691,591,148
701,623,533
660, 784,736

17,535,178
15,137,398
13,521,001
11,070,786

101,286,902
120,804,039
123,478,641
116,882,254

17,293.780
16,838'. 880
16,515,834
15,131,428 1

614,384,869
677,142.295
656,457,872
680,185,555

174,010,707
184,184,155
192,560,877
188,238,515

788,395,576
861,326,450
849,018.749
868,424; 070

$21,140,000 $508,986,560
19,820,000 493,417,975
18,590,000 491,749,981
16,540,000 466,326,034
13,055,000 429,556,171
al4,500,000
6,360,000
3,195,000
2,085,000
850,000

476,554,317
504,249,132
502,964,231
520,459,903
501,807,168

o The act allowing these certificates to be counted as a part of the lawful money reserve was repealed

March 14, 1900.




Kb. 52.—SPECIE HELD BY THE NATIONAL BANKS IN NEW YORK CITY ON DATES INDICATED-AND AVERAGES IN 1898 TO 1908, INCLUSIVE.
Gold

Gold coin.

Date.

February 18
May 5
July 14
- * -•
September 20.
December 1 . . .

$20,555,561.00
24,017,313.00
19,682,681.00
16,151,731.00
15,299,474.00
19,141,352.00 I

Average.

Treasury
certificates.

Gold TreasClearingury certifihouse
cates paya- certificates.
ble to order. (Sec. 5192.)
$72,130,000
105,907,000
118.270,000
85,920,000
115,295,000

$6,802,510
6,812,270
7,070,830 !
6,831,860 !
6,378,600 i
6,779,214 !

99,504,400 |

Silver
dollars.

Silver
Treasury
certificates.

Fractional
silver coin.

CO

Total.

$76,051
104,089
103,683
190,612
104,437

$7,198,871
4,171,617
6,734,511
4,995,114
5,307,901

$550,693.26
527,290.93
545,238.94
475,868.54
574,031.42

$107,313,686.26
141,539,579.93
152,406,943.94
114,565,185.54
142,959,443.42

O

115,774

5,681,603

534,624.62

131,756,967.82

H

H
O

19,421,651.00
13,782,772.50
15,357,093.00
11,504,096.00
8,277.273.00

143,324,000
140,770,000
124,017,000
111,034,500
85,290,000

102,086
118,977
80,578
156,023
88,719

7,073,153
5,630,498
6,119,896
5,140,466
4,280,654

486,888.76
529,924.11
583,855.47
551,544.68
588,172.56

176,979,288.76
107,202,421.61
158,362,352.47
140,682,009.68
128,399,448.56

o
o

13,462,960

120,887,100

109,276 J

5,648,933

5-18,077,11 |

154.325,104.21

H

8,708,847.50
9,028,697.14
6,669,399.61
6,322,193.94
8,991,881.87

54,161,920
56,663,100
56,909,530
71,619,270
49,535,450

76,675,000
74,980,000
71,450,000
74,390,000
75,895,000

83,549
70,065
71,725
99,523

87,693

8,246,199
9,742,699
11,621,132
11,167,153
7,913,542

627,448.78
645,770.80
692,172.49
638,929.52
699,016.75

148,502,964.28
151,130,331.94
147,413,959.10
104,237,009.40
143,122, 583.62

O

', 944,204.01

77,854

74,678,000 '

82,511

9,738,145

660,667.67

150,881,381.68

9,189,412.20
9,271,650.
7,118,483.00
6,047,341.50
7,382,455.00

79,849,330
70,920,180
56,660,870
66,092,680
48,252,070

73,120,000
68,395,000
71,980,000
76,305,000
71,370,000

87,106 I
89,402 '
96,642
81,439
65,978

14,096,589
15,104,403
15,700,665
13,206,807
12,545,023

606,129.58
715,429.68
651,421.13
621,110.07
728,373.07

176,948,566.78
164,496,065.57
152,208,081.13
162,354.377.57
144,598,899.07

7,801,

64,355,026 j

72,234,000

84,113

14,130,697

664,492.70

160,121,198.02

4,812,460.55
5,552,732.00
4,474,720.00
4,765,847.50
3,876,574.00

Average.

6,571,510
6,370,250
12,203,030
12,295,380
29,874,630

13,668,757.10

February 4
April 5
June 30
September 7
December 2

76,707,140
57,660,010
51, 035,590
365,08,910
59, 418,780

4,255,000
4,960,000
9,655,000
9,655,000
9,610,000

75,588,000
71,925,000
09,160,000
69,170,000
65,245,000

81,204
80,015
81,863
85,988
91,787 !

15,573,001
18,953,818
20,993,004
16,076, 494
15,636,531

657,885.60
707,124.35
807,369.93
668,111.07
732,275.57

177,674,691.15
159,838,699.35
156,807,546.93
136,930,350.57
154,610,947.57

4,690,466.81

56,380,086

7,627,000 | 70,217,600

84,171

17,446,569

714,553.30

157,172,447.11

1900.
February 13
April 26
June 29
September 5
December 13

1

Average.

H

1901.
February 5 .
April 24.
July 15
September 30
December 10

1
1
i

Average
February 25...
April 30
July 16
September 15..
November 25..
Average.




J

$4,255,000

I
!
j
I

o

a

1903.

|
!
i
!

February 6
April 9
J une 9
September 9
November 17

1

4,674,013.45
5,000,201.50
5,342,364.00
4,792,139.50
4,697,172.40

63,837,220
55,993,820
51,305,700
69,531,380
55,359,930

!

4,901,190.17 |

Average
1904.
J a n u a r y 22
March 28
June 9
September 6
November 10

168,554,017.03
145,823,562.03
138,991,763.59
155, 476,735.33
138,778,778.21

59,217,610 J

l

i
j
:

•

5,478,087.80
5,920,547.40
5,356,457.30
4,941,183.00
4,617,609.00

80,222,020
87,368,800
98,996,070
113,320,930
82,162,800 I

18,585,000
11,865,000
10,275,000
10,265,000
9,915,000

61,515,000
58,145,000
53,514,000
51,925,000
56,745,000

19,133,576
14,009,121
17,709, 610
18,180,698
11,282,351

149,524,971.23
25,325,000
21,100,000
18,195,000
33,495,000
29,655,000

52,475,000
71,045,000
69,325,000
68,290,000
74,930,000

61,221
72,109
62,539
69,260
63,735

17,158, 484
16,939,075
21,062,056
20,420,399
18, 487,105

734,837.46
616,769.87
644,520.02
701,344.99
714,303.27

181,454,650.26
203,062,301.27
213,641,642.32
241,238,116.99
210, 630,552.27

O
H
O
H
H-f

J a n u a r y 11
March 14
May 29
August 25
November 9

!
i
:
1
[

Average
1906.
J a n u a r y 29
April 6
j une 18
September 4
• November 12

0,043,193.50
4,068,272.50
4,557,380.50
4,896,261.10
4, 799,305.00

17,205,000
67,020,000
16,965,000 ! 65,320,000
63,400,500
10,965,000
66,815,000
15,885,000
68,205,000
12,665,000

58,691
56,237
67,477
58,974
61,512

198,040,910.90
204.391,694.41
191,560,307.67
199,978,396.32
166,476.443.98

23.096,930
23,946,136
22,928,988
20,415,291
15,612,538

4,872,882.52

!
!

'

3,657,191.72
4,822,363.10
3,755,967.00
4,213,849.00
4,308,028.40

!

IT-:
86,890,720
f>9,019,300
80,119,050
61,368,750
73,382,700

9,705,000
13,685,000
13,585,000
15,885,000
10, 650,000

03,885,000
58,122,009
54,715,000
51,920,000
52,020,000

87,309,090
79,380,090
90,000,520
68,280,160
68,552,300

14,000,000
14, 450,000
29,690,000
25,690,000
13,300,000

51,783,000
51,555,000
48,670,000
53,975,000
33,755,000

18,564,099
16,926,879
21,785,128
18,563, 851
12, 466,858

1907.
4,369,212.50
'
4,022,570.10
• 3,626,009. 70
! 8,593,373.23
!
14,469,972.00

69,854
00,061
129,291
55,544
162,313

176,171,790.59
166, 708,009.69
190, 849,252.31
173,221,007.14
147,974,918.77

17,806,349
16, 409,019
17,909,519
20,810,416
16,691,609

170,984,995.70
1908.

Average




H

828,139. 41
841,964.05
797,547.92
752,282.55
775,686.95

Average.
F e b r u a r y 14
May 14
J uly 15
September 23

fed

4,151, 479,

Average
J a n u a r y 26
March 22
May 20
August 22
December 3

83,728,290
93,228,170
82,820, 4
91,082,890
64,194,290

!

4,354,353.50
4,365,354,00
4,376,853.50

142,311,370
137,636,880
155,177,860

i

4,548,905.00 |

141,215,572

;

!

23,185,000
42,740,000
29,715,000
32,365,000

35,430,000
38,245,000
41,010,000
45.810.000

56,440
49,603
41,609
58,013

969,178.43
911,207.61
894,233.21
858,451.52

W
o
w
fed
fed

a

219,423,603.43
267,108,545.11
255,639.185.21
277,999,243. 02
255,042,644.19

J>0

188

KEPOKT OF THE COMPTROLLER OF THE CURRENCY.

No. 53.—DEPOSITS AND RESERVE OF NATIONAL BANKS ON OR ABOUT OCTOBER 1 OF
EACH YEAR FROM 1883 TO 1908, IN EACH CENTRAL RESERVE CITY, IN ALL OTHER
RESERVE CITIES, IN THE STATES AND TERRITORIES, AND OF ALL NATIONAL BANKS.
NEW YORK CITY.
1
Reserve
Net de- required

Date.

Reserve held.
Amount.

Millions,
266.9
255.0
312.9
282.8
284.3
342.2
338.2
332.6
327.8
391.9
309.9
489.7
* 441.6
372.8
506.8
596.0
707.7
769.6
811.3
753.4
741.0
1,034.3
993.8
827.4
825.7
1,187.1

Oct. 2, 1883
Sept 30, 1884
Oct. 1, 1885
Oct 7, 1886
Oct. 5, 1887.,
Oct. 4,1888
Sept. 30, 1889
Oct. 2, 1890
Sept. 25, 1891
Sept. 30, 1892
Oct. 3, 1893
Oct. 2, 1894
Sept 28, 1895
Oct. 6, 1896
Oct. 5, 1897
Sept 20, 1898
Sept. 7, 1899
Sept. 5, 1900
Sept. 30, 1901
Sept. 15, 1902
Sept. 9, 1903
Sept. 6, 1904
Aug. 25, 1905
Sept. 4, 1906
Aug. 22, 1907
Sept. 23, 1903

Classification of reserve.

Ratio to Lawful Due fromjRedempdeposits, money, j agents, jtionfund,

Millions. Millions. Per cent. Millions.1 Millions. Millions.
70.8
26.
66.7
70.0
0.9
90.8
35.
63.7
90.1
0.7
115.7
37.
115.2
78.2
0.5
77.0
27.
76.6
70.7
0.4
80.1
28.
79.7
0.4
71.1
96.4
28.
95.0
0.3
85.5
84.9
25.
84.7
0.2
84.5
92.5
27.
92.3
0.2
83.2
86.1
26.
85.8
0.3
81.9
103.4
26.
103.1
0.3
97.9
109.0
35.
108.2
0.8
77.5
172.4
35
171.7
0.7
122.4
125.5
28
124.8
0.7
i 110.4
109.2
29
108.2
1.0
|
93.2
137.3
27
136.5
0.8
! 126.7
153.6
25
152.7 I
0.8
I 149.0
178.3
25
177.6 |
1.7
| 176.9
214.9
27
213.4
1.5
I 192.4
217.1
26
215.6
1.5
i 202.8
186.1
24
184.3
1.8
i 188.3
205.4
27
203.1
2.3
! 185.3
289.9
28
287.9
2.0
i 258.6
256.0
25.
253.2
2.8
> 248.4
201.5
24.
199.2
2.3
! 206.8
221.3
26.
218.8
2.6
j
206.4
340.1
28.
337.2
2.8
296. 7
CHICAGO.

Sept.25, 1891
Sept. 30, 1892
Oct. 3, 1893
Oct. 2, 1894
Sept. 28, 1895
Oct. 6, 1896
Oct. 5, 1897
Sept. 20, 1898
Sept. 7, 1899
Sept. 5, 1900
Sept. 30, 1901
Sept. 15, 1902
Sept. 9, 1903
Sept. 6, 1904
Aug. 25, 1905
Sept. 4, 1906
Aug. 22, 1907
Sept. 23,1908

92.9
106.5
85.8
101.4
97.2

33.6
28.6
45.4
33.5
30.1
31.9
36.0
31.5
25.4
27.3
26.1
21.9
23.9
24.
24.6
24.5
25.3
25.1

105.7
128.3
154.1
173.4
201.9
209.6
198.1
217.9
247.
244.4
262.9

280.0

31.1
30.5
39.0
34.0
29.1
?6 6
38.0
40.3
39.1
47 9
52.4
45.7
47.1
60.6
59.5
06.1
69. 7

0.05
0.05
0.05
0.07
0.07
0.06
0.06
0.07
0.05
0.2
0.3
0.2
0.2
0.2
0.2
0.5
0.5
0.6

23 8
21.1
31.9
24.5
22 2
29^5
24.7
20.6
21.5
22.4
19.8
24.1
22.4
24.5
27.0
24.1
23.6
25.4

* S
>
61
.
5.7
6.3
6.0
6.0
8.0
7.5
12.0
12.0
14.4
18.1
17.9
21.1
26.4
23.5
26.8
25.7

0.02
0.02
0.02
0.02
0.01'
0.1
0.1
0.1
0.1
0.4
0.6
0.6
0.6
0.6
0.7
0.7
0.7
0.8

ST. LOUIS.
Sept. 25, 1891.
Sept. 30, 1892.
Oct. 3, 1893...
Oct. 2, 1894...
Sept. 28, 1895.
Oct. 6, 1896...
Oct. 5, 1897...
Sept. 20, 1898.
Sept. 7, 1899..
Sept. 5, 1900..
Sept. 30, 1901.
Sept. 15, 1902.
Sept. 9, 1903..
Sept. 6, 1904..
Aug. 25, 1905.
Sept. 4, 1906..
Aug. 22, 1907.
Sept. 23,1908




9
9
9
9
8
8
6
6
6
6
7
6
7
8
8
8
8
8

24 2
29^2
17.9
26.0
26.9
23.6
33.0
37.0
56.2
55.4
76.1
77.5
82.5
88.5
100.5
100.7
116.8
104.7

61
.
7.3
4.5
6.5
6.7
5.9
8.2
9.3
14.0
13.8
19.0
19.4
20.6
22.1
25.1
25.2
29.2
26.1

5.8
61
.
5.7
6.3
6.0
61
.
8.1
7.6
12.1
12.4
15.1
18.7
18.5
21.7
27.1
24.2
27.6
26.6

BEPORT OP THE COMPTROLLER OF THE CURRENCY.

189

No. 53.—DEPOSITS AND RESERVE OF NATIONAL BANKS ON OR ABOUT OCTOBER 1
OF EACH YEAR PROM 1882 TO 1908, ETC.—Continued.
OTHER RESERVE CITIES.^
Number of Net debanks. posits.

Date.

Oct. 2, 1883

Reserve
required
(25 per

Reserve held.

Millions. Millions. Millions.

.

200
203
203
217
223
224
228
259
265
263
268
265
268
269
261
256
255
267
275
272
289
285
283
295
306
312

Sept. 30, 1884...
Oct. 1, 1885
Oct. 7, 1886
Oct. 5, 1887
Oct. 4, 1888
Sept. 30, 1889...
Oct. 2, 1890
Sept. 25, 1891...
Sept. 30, 1892...
Oct. 3, 1893
Oct. 2, 1894
Sept. 28, 1895...
Oct. 6, 1896
Oct. 5, 1897
Sept. 20, 1898...
Sept. 7, 1899
Sept. 5, 1 9 0 0 . . . .
Sept. 30, 1901...
Sept. 15, 1902...
Sept. 9, 1903
Sept. 6, 1 9 0 4 . . . .
Aug. 25, 1905....
Sept. 4, 1906
Aug. 22, 1907....
Sept. 22, 1908...

\

1
1
1
1
1
1
1

323.9
307.9
364.5
381.5
338.5
384.9
419.0
457.8
451.9
519.3
392.6
525.4
513.1
465.5
586.4
655.5
842.6
921.3
015.4
060.6
032.5
155.7
275.8
370.4
423.4
549.8

Classification of reserve.

Ratio to Lawful Due from' Redempcent). Amount. deposits. money. agents.& tionfund.
81.0
77.0
91.1
95.4
84.6
96.2
104.8
114.4
113.0
129.8
98.1
131.3
128.3
116.4
146.6
163.9
210.6
230.3
253.8
265.1
258.1
288.9
319.0
342.6
355.9
387.5

100.6
99.0
122.2
114.0
100.7
116.9
121.9
129.8
138.8
156.1
129.,6
172.8
154.1
150.3
200.8
215.8
255.8
294.2
298.1
258.0
261.3
293.4
322.7
336.0
362.3
415.9

Per cent.
31.1
32.2
33.5
29.9
29.7
30.4
29.1
28.3
30.7
30.1
35.1
32.9
30.0
32.2
34.2
32.9
30.3
31.9
29.3
24.3
25.3
25.4
25.3
24.5
25.5
26.8

Millions, Millions.
56.4
63.6
76.9
70.5
59.5
64.5
64.5
68.0
77.0
82.1
76.4
84.1
77.9
83.3
94.5
103.6
79.7
123.8
126.5
125.1
135.4
147.7
161.1
166.2
190.3
219.8

40.8
32.3
42.4
41.3
40.0
51.5
56.7
61.0
61.0
73.0
51.6
87.2
74.6
65.1
104.5
110.4
140.1
167.8
168.4
129.8
122.1
141.4
156.6
164.0
165.7
188.9

Millions.
3.4
3.1
2.9
2.2
1.2
0.9
0.6
0.7
0.8
1.0
1.6
1.5
1.6
1.9
1.8
1.7
1.7
2.6
3.1
3.1
3.8
4.4
5.1
5.8
6.3
7.2

61.0
66.1
71.4
77.9
83.4
84.7
86.7
92.0
97.1
105.5
117.1
106.8
102.3
119.0
111.7
116.4
123.6
122.0
130.4
134.7'
150.8
150.9
164.2
177.5
199.6
215.8

84.1
79.7
95.9
99.5
100.9
119.0
132.4
128.5
133.0
163.5
106.9
161.6
147.7
125.0
192.5
209.6
274.0
282.9
288.1
150.7
155.8
163.8
181.9
204.7
226.7
220.1

11.3
10.5
10.2
8.7
6.6
6.2
5.5
5.2
5.4
5.8
6.6
6.5
6.6
7.2
7.2
7.1
7.4
9.4
10.4
10.2
11.8
13.1
14.5
16.2
17.2
19.1

S T A T E S AND T E R R I T O R I E S .
253
577.9
535.8
417
570.8
467
637.6
590
690.6
756
739.2
847
807.6
992
859. 2
207
861.8
333
975.5
430
767.5
434
876.7
411
910.5
365
853.1
329
276
259 | 1,062.8
274 1,270.7
540 I 1,361.2
1,556.6
1,743.2
691 1,809.5
065 1,904.5
412 2,117.4
781 2,385.1
178 2,627.2
482 2,573.7

Oct. 2, 1883
Sept. 30, 1884
Oct. 1, 1885
Oct. 7, 1886
Oct. 5, 1887
Oct. 4, 1888
Sept. 30, 1889
Oct. 2, 18S0
Sept. 25, 1891
Sept. 30, 1892
Oct. 3, 1893
Oct. 2, 1894
Sept. 28, 1895
Oct. 6, 1896
Oct. 5, 1897
Sept. 20, 1898
Sept. 7, 1899
Sept. 5, 1900
Sept. 30, 1901
Sept. 15, 1902
Sept. 9, 1S03
Sept. 6, 1904
Aug. 25, 1905
Sept. 4, 1906
Aug. 22, 1907
Sept. 22, 1908

86.7
80.4
85.6
95.6
103.6
110.9
121.1
128.9
129.3
146.3
115.1
131.5
136.6
128.0
144.5
159.4
190.6
204.2
233.5
261.5
271.4
285.7
317.6
357.8
394.1
386.0

157.5
156.3
177.5
186.2
190.9
209.8
224.6
225.5
235.5
274.8
230.6
274.9
256.6
251.3
311.4
333.1
405.0
414.3
429.0
295.6
318.4
327.8
360.6
398.4
443.5
455.1

27.2
29.2
31.1
29.2
27.6
28.4
27.8
26.2
27.3
28.2
30.0
31.4
28.2
29.4
32.3
31.3
31.8
30.4
27.5
16.9
17.6
17.2
17.0
16.7
16.9
17.6

Includes Chicago and St. Louis up to Oct. 5, 1897.
Available with reserve agents Apr. 30, 1902, and subsequently.




190

REPORT OF THE COMPTROLLER

OF THE

CURRENCY.

No. 53.—DEPOSITS AND RESERVE OF NATIONAL BANKS ON OR ABOUT OCTOBER 1 OF
EACH YEAR FROM 1882 TO 1908? ETC.—Continued.
SUMMARY.
Reserve held.
Classification of reserve.
Reserve
Number of Net de- required
Lawful Due from Redempposits. (25 per
: Ratio to
banks.
cent). Amount.;i deposits, money, agents. tionfund.

Date.

Oct. 3, 1882
Oct. 2, 1883
Sept. 30, 1884
Oct. 1, 1885
Oct. 7, 1886
Oct. 5, 1887
Oct. 4. 1888
Sept. 30, 1889
Oct. 2, 1890
Sept. 25, 1891
Sept. 30, 1892
Oct. 3, 1893
Oct. 2, 1894
Sept. 28, 1895
Oct. 6, 1896
Oct. 5, 1897
Sept. 20, 1898
Sept. 7, 1899
Sept. 5, 1900
Sept. 30, 1901
Sept. 15, 1902
Sept. 9, 1903
Sept. 6, 1904
Aug. 25, 1905
Sept. 4, 1906
Aug. 22, 1907
Sept. 23, 1908

1 4
|4




Millions. Millions, Millions. Per
225.1
303.9
1,118.6
234.4
328.9
1,168.7
221.1
346.1
1,098.7
254.9
415.4
1,248.2
261.7
377.2
1,301.8
278.0
394.2
1,388.4
311.9
446.2
1,543.6
333.1
459.6
1,655.5
353.7
478.2
1,758.7
353.5
497.4
1,758.6
408.1
570.9
2,022.5
316.6
513.9
1,573.7
417.1
660.4
2,019.2
571.4
1,989.3
406.3
543.6
1,798.7
364.4
695.9
2,195.6
452.5
750.5 1
2,479.7
513.6
890.5
3,031.5
630.8
983.3
3,281.0
684.1
3,661.6
759. 7 1,012.2
804.3
786.8
3,844.4
850.8
784.9
3,863.5
987.1
909.8
4,400.r
1,027.3
4,735.
972.1
1,020.2
993.5
4,927.9
1,121.4
5,256.1 1,051.3
1,308.1
5,695.5 1,166.5

cent. Millions. Millions. Millions.
113.3
27.2
174.8
15.8
124.9
28.1
188.4
15.6
112.0
31.6
219.8
14.3
138.3
33.3
263.5
13.6
140.8
29.0
225.1
11.4
140.9
28.4
8.3
245.0
170.5
28.9
7.6
268.2
189.1
27.8
6.4
264. 0
189.5
27.2
6.1
282.7
194.0
28.3
6.6
298.8
236.4
28.2
7.1
327.4
158.5
32.6
9.0
346.4
248.8
32.7
8.7
402. 9
222.3
28.7
9.0
340.1
190.1
30.2
10.4
343.1
297.0
10.0
388.9
320.0
9.8
420. 7
30 1
414.1
10.1
466.3
29^3
450.7
14.3
518.5
29.7
456.6
16.1
539.5
27.6
280.5
15.8
508.0
20.9
277.9
18.6
554.3
22.0
305.2
20.4
661.5
22.4
338.4
23,3
665.6
21.7
368.6
25.5
626.0
20.7
392.4
27.3
701.6
21.3
409.0
30.7
868.4
22.9

192

REPORT OF THE COMPTROLLER

OF THE CURRENCY.

No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS
DECEMBER 3, 1907.
Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per

CENTRAL RESERVE CITIES.

New York.
Chicago
St. Louis..

$824,394,509.91
226,365,023.19
107,099,420.32

Total, central reserve cities.

$180,448,128.85
54,792,421.45
21,826,498.46

21.89
24. 21
20.38

1,157,858,953.42

257,067,048.76

22.20

OTHER RESERVE CITIES.
Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
10 Washington
11 Savannah
12 New Orleans
13 Louisville
14 Dallas
15 Fort Worth
16 Gal veston :
17 Houston
18 San Antonio
19 Waco
20 Cincinnati
21 j Cleveland
22 I Columbus
23 j Indianapolis
24 ; Detroit
25 Milwaukee
26 Cedar Rapids
27 Des Moines
28 Dubuque
29 Minneapolis...
30 St. Paul
31 Kansas City, Kans.
32 Wichita
33 Kansas City, Mo
34 St. Joseph
35 Lincoln
36 Omaha
37 Denver
38 Pueblo
39 Salt Lake City
40 Los Angeles
41 San Francisco
42 Portland
43 Seattle

107,793,,694.39
24,465, 549. 01
13,815, 419. 31
197,633, 251. 04
144,454, 116. 54
48,204, 269. 67
21,626, 936. 07
1,367, 073. 86
19,913, 213. 42
19,265, 027. 92
11,999, 804. 83
7,727, 111. 51
1,852,, 671. 28
11,716,,280.69
7,257, 175. 76
3,064, 110. 76
49,131, 726. 28
45, 749, 515. 30
18,658, 350. 41
24,578, 397. 80
23,660, 548. 48
36,101, 206. 51
5,578, 700. 82
10,373, 096. 55
2,603, 404. 52
43,744, 634. 39
29,813, 027. 02
8,352, 912. 59
4,144, 273. 97
39,927 487.19
9,594!, __3.17
5,630;,042.02
32,689,, 780. 88
40.493, 049.11
8; 158,, 495. 94
9,679,, 740. 38
32,409.,628.20
40,948!, 583.20
15,839!, 223. 58
23,144!,206.58

25.43
18.56
30.70
24.39
21.04
21.98
32.41
34.73
29.95
26.74
27.19
33.45
48.87
31.52
38.10
29.79
26.70
20.35
22. 93
37.25
22.85
25.08
21.72
25.57
33.75
28.92
31.51
26.26
37.49
31. 86
26.82
23. 86
34. 33
31.38
32. 71
31.13
27.07
34.16
36. 49
27.23

1,263,160,623. 95

335,386,029. 63

26. 55

2,421,019,577.37

Total, other reserve cities.

42,683, 600. 50
4,539, 871. 01
4,241, 667. 35
48,197,269. 79
30,389, 562. 32
10,593, 090. 02
7,008, 413. 68
474,799. 71
5,963, 302. 92
5,152, 142. 48
3,330, 703. 54
2,584, 948. 24
905,365. 45
3,692, 831. 57
2,765, 432. 00
913,010. 99
13,118, 917. 42
9.310, 549. 34
4,277, 665. 67
9,154, 712. 40
5,405, 268. 80
9,053,924. 98
1,211, 916. 56
2,652, 541. 31
878,724. 05
12,652, 532.70
9,394 274. 31
2,193! 256. 95
1,553! 358. 36
12, 722!706. 49
2,573^ 800. 21
1,343, 548. 98
11,223, 521.42
12, 706,246. 91
2,668,878.25
3,013, 277. 78
8, 773,255. 95
13,986. 493. 59
5,778! 925. 94
6,301. 719. 69

592,453,078.39

24.47

Total, all reserve cities
STATES, ETC.

44 t Maine.
45 I New Hampshire.
46 j Vermont
47 Massachusetts.
48 I Rhode Island..
49 I Connecticut
Total, New England States.




31,277,254.06
18,528,426.28
15,276,955.96
112,482,158. 41
20,501,165.23
52,055,351.19

6,743,735.06
5,312,309. 94
3.972,310.39
28; 336,613.21
5,347,097. 84
16,443,185. 86

21. 56
28.83
26.00
25.19
26. 08
31. 59

250,12i; 311.13

66,155,252.30

26.45

REPOET OF THE COMPTROLLER OF THE CURRENCY.

193

AT DATE OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908.

DECEMBER 3, 1907.
Reserve required, and the amount and per cent held.
Held.

Required.

Specie.

Legal

tenders.

Available with
reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount.
fund.
serve required
after deducting
redemption

Per
cent.

fund.

$206,098,627.48 5147,974,918. 77 $29,118,902 $3,354 308.08
45,024 107 45 8 999,695
768,619.00
56,591,255.80
779,762.00
26,774,855.08 17,072,208. 46 3,974,528

$180,448,128.85 21.89
54 792 421.45 24.21
21,826,498. 46 20.38

42,093,125

4,902,689.08

14,515,776.95
1,434,659.00
1,573,014.90
15,380,370.35
12,853,860.65
4,259,334.90
4,080,066.09
192, 459.00
2,559,346.70
1,444,594. 45
951,880. 40
499,3G4. 90
286,303.05
1,492,606.15
1,468,313.58
462, 707.50
3,242,115. 98
3, 600,780.00
1,425,586.54
3,686,715. 70
1,288,852.50
2,810,221.22
445,141.00
619,654.00
256,572. 20
3,486,149. 40
3,407,545.45
280,884.10
512,652.83
3,076,258. 82
524, 619. 00
383,792. 99
3,466,187. 00
5,632,857.75
881,897.95
1,439,123.79
5,534,592.00
8,919,966.00
4,155,105. 50
3,887,966. 00

2,468,633
499, 460
443,500
2,638,312
3,485,190
910,235
487,168
42,965
277,178
794,230
652,430
620,000
182,130
538, 637
417,320
176,060
2,326,867
1,340,455
974,895
1,203,490
1,133,945
1,233,001
77,250
516,545
42,500
2,443,191
1,148,987
711,460
104,229
650,140
508,370
422,001
3,393,066
1,748,321
229,925
329,785
685,027
81,270
101,004
141,150

485,750.00
67,500.00
30,850.00
789,089.00
692, 602.50
410,915. 00
218,350.00
27,500.00
189,323.00
230,380.00
80,075.00
43,464.52
18,750.00
47,750.00
72,889.00
17,500.00
478,215.00
216, 686.22
109,533.00
229,662.50
50,840.00
221,850.00
13,750.00
27,500.00
25,350.00
163,500.00
93,742.50
42,500.00
17,500.00
73,725. 00
39, 750. 00
27,325. 00
75,000. 00
140,832.50
17,600.00
50,100.00
254,250.00
600,000.00
50,000.00
62,500.00

$20,731,336.80
2,538,252. 01
1,711,502.41
24,309,611.88
13,357,909.17
\ 5,012,605.12
j 2,222,829.59
t 157,134.23
2,394,490.18
2,292,938. 49
1,491,217.72
944,156. 68
222,208. 91
1,440,660.09
806,909. 42
256,743. 49
5,902,358.28
4,152,628.12
1,767,651.13
2,957,468.47
2,931,631.30
4,401,725.81
675,775.56
1,282,887.07
312,750.57
5,386,329.30
3,679,757.13
1,022,864.07
509,284.25
4,954,073. 40
1,179,485. 77
510,429.99
4,048,722.61
4,991,214.89
1,011,011.99
1,184,917.55
2,299,386.95
4,385,257.59
1,472,816. 44
2,210,103. 69

38,201,496.75
4,539,871.01
3,758,867.31
43,117,383.23
30,389,562.32
10,593,090.02
7,008,413. 68
420,058.23
5,420,337.88
4,762,142. 94
3,175,603.12
2,106,986.10
709,391.96
3,519,653.24
2,765,432.00
913,010.99
11,949,556.26
9,310,549.34
4,277,665.67
8,077,336.67
5,405,268.80
8, 666,798.03
1,211,916.56
2, 446,586. 07
637,172.77
11,479,169. 70
8,330,032.08
2,057,708.17
1,143,666.08
8,754,197.22
2,252,224. 77
1,343,548. 98
10,982,975.61
12,513,226.14
2,140, 434. 94
3,003,926.34
8,773,255. 95
13,986,493.59
5,778,925.94
6,301,719.69

22.72
18.56
27.21
21.82
21.04
21.98
32.41
30.73
27,22
24.72
25.92
27.27
38.29
30.04
38.10
29.79
24.32
20.35
22.93
32.86
22.85
24.01
21.72
23.59
24.47
26.24
27.94
24.63
27. 00
21.93
23.22
23.86
33. 60
30.90
26.24
31.03
27.07
34.16
36.49
27.23

315,790,155.99

126,419,896.29

36,180,322

6,504,399.74

143,121,038.12

312,225,656.15

24.72

605,254,894.35

336,491,130.97

78,273,447 11,407,088.82

143,121,038.12

569,292,704.91

23.51

Not exceeding 60
per cent.
2,640,108.51
1,530,938.36
1,259,891.04
9,527,927.26
1,729,589. 87
4,321,560.11

5,442,343.45
3,440,137.90
2,760,523.36
20,237,043.98
3,677,165. 56
10,020,584. 68

17.40
18.62
18.07
17.99
17.94
19.25

45,577,798.93

18.22

]

289,464,738.36
41,948,423.60
6,116,387.25
3,453,854.83
49,408,312.76
36,113,529.14
12,051,067.42
5,406,734.02
341,768. 47
4,978,303.36
4,816,256.98
2,999,951.21
1,931,777.88
463,167. 82
2,929,070.17
1,814,293.94
766,027.69
12,282,931.57
11,437,378.83
4,664,587. 60
6,144,599.45
5,915,137.12
9,025,301.63
1,394,675.20
2,593,274.14
650,851.13
10,936,158. 60
7,453,256.75
2,088,228.15
1,036,068. 49
9,981,871.80
2,398, 721.54
1,407,510.50
8,172, 445.22
10,123,262. 28
2,039,623.98
2,419,935.09
8,102,407.05
10,237,145.80
3,959,805.89
5,786,051.64

210,071,234.68

4,691,588.11
2,779,263. 94
2,291,543.39
16,872,323.76
3,075,174. 79
7,808,302.68

2,021,995.69
1,158,270.54
874,789.32
6,572,998.72
1,022,471.69
3,628,974. 07

488,832
523,229
43< 118
3,143,673
732,579
1,464,348

291,407.25
227,700.00
191,725.00
992,445.00
192,525. 00
605,702.50

37,518,196.67

15,279,500.03

6,786,779

2,501,504.75

62280—CUR 1908




13

257,067,048. 76 22.20

21,010,015.15

1
s 1
; 1
; 1
1 1
; 1
1
|1
1
1
i 2
: 2
i 2
j 2
2
2
2

2
2
2
3

: 3
; 3
3

3
I 3
3
3

i 3
: 3
4
4
4
4

4

4
4
4
4
4

194

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE
D E C E M B E R 3, 1907—Continued.
Cash on hand, due from
reserve agents, and in
the redemption fund.

Deposits.

City, State, and Territory.

Amount.

53
54
55

STATES, ETC.—continued.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

56
57
58
50
30
31
)>
*
33
34
35
36
37
38

Virginia
West Virginia
North Carolina
South Carolina
Georgia
..
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

B
O
70
71
72
73
74
75
76

Ohio
Indiana
Illinois
Michigan
W isconsin
Minnesota
Iowa
Missouri

77
78
79

North Dakota
South Dakota
Nebraska
Kansas .
Montana
Wyoming
Colorado
New Mexico
Oklahoma

50
51
i

9

$234,444,868.55
128,668,745. 39
337,562,088.88
9,223,282.52
27,508,218.43
1,083,522.75

S5

381,105,109. 65

93

94
95

Hawaii a .
Porto Rico

100,810,687.73

26.45

151,606,946.53
87,435,592. 78
148,761,819.67
67,001,710.89
70,723,329.32
62,105,131. 02
91,162; 591. 92
24,410,681.16

32,305,816.29
24,763,957.91
37,474,008. 58
13,649,294.32
16,735.522. 32
16,274,073.13
20,935,294. 87
7,684,742. 62

21.31
28.32
25.19
20.37
23.66
26.20
22.96
31.07

703,207,803.29

. . .

268,951,462. 50

86,362,395. 44

32.11

38,694,216.12
17,259,717. 44
58,531,218.60
11,025,289.60
5,802,409. 85
4,544,120. 82
5,355,684.70
1,348,149.47

11,303,903.58
6,389,406.51
16,938,366. 53
2,877,920.35
1,544,444.76
1,555,894. 22
1,550,838.91
180,963.06

29.21
37. 02
28. 94
26.10
26.62
34. 24
28.96
13. 42

142,560,806. 60

.

28.38
24.44
28.63
32.48
35.14
33.68
38.96
26.94
34.91

42,341,737.92

29. 70

.

. .

Total, Pacific States

969,627. 92
257,632. 75

.

Total, Island possessions

309,620. 80 31.93
68,039. 88 26. 41

1,227,260.67

..

377,660.68

30. 77

2,485,664,480. 36

Total, States, etc




169,822, 710. 04 24.15
6,633,944. 69
5,291,158.33
13,391,561.34
17,488,112. 90
10,069,166. 31
3,962,693. 02
13,650,887.98
2,818,114.05
13,056,756. 82

..

Total, United States..

23.48
23.05
22.21
21.05
27.01
23.33
30.69
29.45
25.93
30.33
29.35
24.48
27.52

23,374,195. 24
21,650,980.75
46,775,310. 60
53,837,309. 82
28,652,302.47
11, 763,117. 71
35,041,372.31
10,459,824. 38
37,397,049. 22

Total, Western States

90
91
D°

20.96

13,843,095. 49
7,668,407. 72
4,123,149.18
2,507,943. 82
7,170,130. 98
3,917,756.52
7,381,333.42
2,997,379.22
3,307,294.33
25,781,029.98
3,349,572. 76
7,691,533.41
11,072,060.90

..

-.

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Alaska «

%
»7
SS
SO

154,779,214.48

58,953,205. 25
33,268,296. 45
18,562,814.07
11,912,003.48
26,546,621.11
16,792,309. 38
24,051,432.49
10,177,307. 47
12,754,617. 78
85,008,257.81
11,414,289. 89
31,424,045.94
40,239,908.53

•-

Total, Middle Western States

33

20.76
21.96
20.78
24.34
18.40
37.97

.

Total, Southern States

31

$48,672,050.77
28,251,609.79
70,138,805.66
2,244,566.20
5,060,819.56
411,362.50

738,490,726. 52

Total, Eastern States

SO

Per
cent.

620,649,658.59

24. 97

4,906,684,057.73

1,213,102,736.98

24.72

a Call of August 22,1907.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

195

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
DECEMBER 3, 1907—Continued.
mount
Reserve required, and the a]

and per cent held.

Held.

Required.

Specie.

Legal

tenders.

Redemption
fund.

Available with
reserve agents
not exceeding
60 per cent of re- Total amount.
serve required

Per
cent.

redemption
fund.

$35,166,730.28
19,300,311.81
50,634,313.33
1,383,492.38
4,126,232. 77
162,528. 41

$12,806,146. 48
6,321,035.69
21,502,544. 65
671,052.37
1,424,785.87
164,630.00

110,773,608.98

42,890,195.06

$6, 264,770 $1, 354, 971.50
602, 570.00
3, 743,465
9, 059,107 2, 235, 377.50
69,450.00
317,377
169, 699.10
800,524
12, 500.00
20,100

$20,287,055.27
11,218,645.08
29,039,361.50
788,425. 41
2,373,920.20
90,017.05

$40,712,943.25
21,885,715.77
61,836,390. 65
1,846,304. 78
4,768,929.17
287,247.05
131,337,530. 67

20, 205,343

4, 444, 568.10

63,797,424.51

8,842,980. 79
4,990,244. 47
2,784, 422.11
1,786,800.52
3,981,993.17
2,518, 846. 41
3,607,714.87
1,526,596.12
1,913,192. 67
12,751,238. 67
1,712,143. 48
4,713,606.89
6,035,986.28

3,114,181.96
2,363,537.92
1,271,662.01
827,852.10
2,436,013.11
964,984.55
2,406,667.40
618,849. 38
879,923.28
7,810,466. 62
995,319.70
2,181,787. 48
3,065,249.88

2, 313,519
877,310
950, 816
496,217
1, 880, Oil
749,342
1, 232,900
519,158
218,989
3, 975,037
393,267
895,016
1, 331,695

405, 833.55
311, 830.00
197, 437.10
121, 200.00
265, 583.50
123, 070.00
241, 825.00
103, 287.00
115, 675.00
733,237.75
68, 853.40
364, 764. 22
338, 305.90

5,062,288.34
2,807,048. 68
1,552,191.01
999,360. 31
2,229,845. 80
1,437,465. 84
2,019,533. 92
853,985. 47
1,078,510.60
7,210,800. 55
985,974.05
2,609,305. 60
3,418,608. 23

10,895,822. 85
6,359, 726. 60
3,972,106.12
2,444, 629. 41
6,811,453.41
3,274,862.39
5,900, 926. 32
2,095,279. 85
2,293,097.88
19,729, 541. 92
2, 443, 414.15
6,050,873.30
8,153, 859. 01

57,165,766.45

28,936,495.39

15, 833,277

3 390,902.42

32,264,918. 40

80,425,593. 21

22,741,041.98
13,115,338.92
22,314,272.95
10,050,256. 63
10,608,499. 40
9,315,769. 65
13,674,388.79
3,661,602.17

8,678,763.51
7,153,133.73
10,335,942.50
4,309,916.71
4,486,356.63
4,683,994.97
5,067,051.87
1,682,805.76

4, 934,269
2, 754,424
4,581,187
1, 765,967
1, 229,236
1, 384,664
2, 143,807
889,929

1 092, 202.66
667, 208.90
938, 943.61
344 480.00
331 816.50
327, 336.61
585,553. 93
215, 417.50

12,989,303.59
7,468,878.01
12,825,197. 60
5,823,465. 98
6,166,009. 74
5,393,059.83
7,853,300. 91
2,067,710. 80

27,694,538. 76
18,043, 644. 64
28,681,270.71
12,243, 829. 69
12,213,418.87
11,789,055.41
15,649, 713. 71
4,855, 863. 06

19, 683, 483

4 502, 959.71

60,586, 926. 46

131,171,334. 85

057.50
232.00
631.00
834. 00
967. 95
002.50
696.15
040.00
472.50

2,040,643.07
1,892, 649. 07
4,046,799. 35
4,625,857. 48
2,527,726. 45
1,026,879.09
3,052,505.82
902,360.19
3,180,050. 93

4,374,078.61
4,290, 204. 97
8,593,946.14
10,714, 258. 35
6,282, 284. 31
2,388,759.79
8,622, 060.12
2,247,328.06
8,331,213.11

105,481,170. 49

46,397,965.68

56
57
58
59
60
61
62
63
64
65
66
67
68

18.27 69
20.64 70
19.28 71
18.27 72
17.27 7.
18.98 V.
17.17 75
19.89 7fc
18.65

55,844,133. 46

3,407,040. 25
1,516,507.57
5,061,033.17
961,481.36
500,286.89
374,320.87
466,381.62
115,080.91

8,756, 499.15
4,192, 506.19
12,938, 225. 05
2,322,622.54
1,082,824.26
1,079,700.52
1,214,922.22
180,963. 06

22.63
24.29
22.10
21.07
18.66
23.76
22.68
13.42

86
87
8?
8£
9(
9:
95
95

706 604.00

12,402,132.64

31,768,262.99

22.28

14 287.50
5 000.00

35,254.15
7,253.28

309,620. 80
68,039. 88

31.93
26.41

42,507. 43

377,660. 68

30.77

213,399,396.04

476,502,314. 79

19.17

356,520,434.16 1,045,795,019. 70

21.31

40,342,719.37

22,115,093. 41

8, 916,635

1 516,933. 60

23,295, 471. 45

5,804,132. 42
2,588,957. 62
8,779,682. 79
1,653,793. 44
870,361.48
681,618.12
803,352. 70
202,222.42

4,874,623. 90
2,449,936. 62
7,104,544.38
1,082,672.68
509,969. 37
562,620. 65
627,252.60
61,682.15

349,103
164,617
428,020
227,144
36,018
85,009
95,238
1,075

125 732.00
61 445.00
344 627.50
51 324. 50
36 550.00
57 750. 00
26 050.00
3,125. 00

21,384,120.99

17,273,302.35

1 386,224
270
14,000
14,270

19 287.50

184,089.10

301,595.75

372,849,672.05

173,194,147.67

978,104,566.40

509,685,278.64 151 ,099,458 28 ,489 848.90




18.48
19.12
21.40
20.52
25.66
19.50
24.53
20.59
17.98
23.21
21.41
19.26
20.26
21.10

77
75
7{
8C
81
82
83
8<
8£

3,506,129. 28
3,247,647.11
7,016,296. 59
8,075,596.47
4,297,845.37
1,764,467.66
5,256,205. 85
1,568,973.66
5,609,557.38

763,978
540,731
1 667,699
1 650,024
962,987
238,309
1 420,392
298, 906
1, 373,609

259,809.15
41,786. 60

50
51
52
53
54
55

18.71
19.81
18.37
19.90
21.93
20.31
24.60
21.49
22.27
20.76

105
93
271
365
84
53
168
65
309

1,464,400. 04
1,763,592.90
2,607,816.79
4,072,542. 87
2,706,602. 91
1,070,569.20
3,980, 466.15
981,021.87
3,468,080. 68

145,444.19
38,644.91

17.37
17.01
18.32
20.02
17.34
26.51
17.78

72 826, Oil 17,082 760. 08 i

9^
9£

196

EEPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OP THE NATIONAL BANKS
FEBRUARY 14, 1908.
Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per
cent.

$902,188,795.08
255,404,788.54
101,474,800.05

$261,013,174.93
69,323,538.10
29,406,878.31

29.00
27 14
28.98

1,259,068,389 67

360,343,591,34

28.62

CENTRAL RESERVE CITIES.

New York
Chicago
St. Louis
Total, central reserve cities
OTHER RESERVE CITIES.

Boston
Albany.
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans
Wichita
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco.
Portland, Oreg,
Seattle
.
Spokane
Tacoma

.,

172,271 114. 83
25,848; 729.07
17,996, 628.20
199,262, 225. 36
144,548, 035. 60
50,288. 798. 79
21,328', 046.49
1,469, 098.00
18,827, 931. 46
22,527, 324. 80
12,588, 862.24
7,711, 464. 59
2,264, 735. 57
10,854, 258. 98
7,359, 125. 33
3,271, 646. 55
54,572, 508.12
49,389, 524.88
19,060, 664.12
26,534, 771.56
25,066, 060.43
40,223, 045. 73
5,975, 833.44
12,663, 499. 44
2,721, 221.42
39,455, 402. 80
27,800, 529.67
9,973, 402.23
3,992, 932. 50
46,741, 319.77
10,845, 949. 92
5,632, 853.23
32,082, 560.37
40,155, 569. 83
7,206, 961.38
8,796, 313.01
31,143, 414. 98
43,337, 544.66
16,103, 005. 78
20,937, 416.16
12,315, 594.38
5,783! 917.60

50,228,643. 93 29.16
6,680, 179.11 25.84
6,613,176.93 36.75
57,314, 053,74 28.76
35,880, 547.87 24.82
12,940,970.28 25.73
6,666,972.86 31,26
377, 308.12 25.68
5,278,813.44 28.04
7,523, 073.35 33.40
5,173, 751.83 41.10
2,628. 593. 46 34.09
846',604.81 35.38
4,276, 995.97 39.40
2,926, 848.68 39.77
1,030, 320. 70 31.49
17,078, 530.44 31.30
11,723, 411.57 23.74
5,230, 843.10 27 44
10,829, 220.49 40.80
7,000, 540.00 27.93
10,657. 606.16 26.50
1,440',080. 55 24.10
3,691. 549.61 29.15
977 i926.17 35.94
11,644, 380. 78 29.51
9,140, 427. 55 32.88
3,732, 293. 04 37.42
1,596, 211. 52 39.98
20,791, 862. 65 44.48
3,649, 724. 68 33.65
1,470, 774. 99 26.11
11,221, 0(39. 72 34-98
14,135, 413.11 35.20
2,030, 325.14 28.17
3,359, 877.67 38.19
8,750, 380.14 28.12
14,417!.291.59 33.27
7,197! 918.39 44.69
7,217! 909.01 34.47
3,528:
,531.68 28.65
1,964: 684. 09 33.97
,

Total, other reserve cities

1,316,929,843.27

400,865,638.98

30.44

Total, all reserve cities

2,575,998,232.94

761,209,230.32

29. 55

STATES, ETC.

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total, New England States




30,664,879.16
17,564,698.83
14,8(54,278.89
107,894,704.68
22,746,355.89
54,534,221.36

6,507,884.42 21.22
5,196,285.08 29.58
3,597,759.89 24.20
25,381,731.60 23.52
5,069,405.07 22.28
16,733,769.60 30.69

248,269,138.81

02,486,835.66

25.17

REPORT OF THE COMPTROLLER OP THE CURRENCY.

197

AT DATE OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.

FEBRUARY 14, 1908.
Reserve required, and the amount and per cent held.
Held.

Required.

$225,547,198.77
63,851,197,14
25,368,701.51
314,767,097.42

Specie.

Legal
tenders.

Available with
not exceeding
Redemption 50 per cent of refund.
serve required Total amount.
after deducting
redemption
fund.

Per
cent.

(19,426,603.43 $38,717,369 $3,469,202.50
728,697.50
45,948,887.60 22,645,953
865,836. 75
22,864;316, 56
5,676,725

$261,613,174.93
69,323,538.10
29,406,878.31

29.00
27.14
28.98

67,040,047

360,343,591.34

28.62

$21,249,914.35
3,191,091.13
2,233,203.52
24,437,451.67
14,949,949.39
6,045,474.85
2,666,005.81
169,887.25
2,245,441.43
2,703,200.60
1,530,670.28
938,750.81
273,716.95
1,331,532.37
877,390.07
293,734.95
6,603,986.01
4,323,887. 42
1,899,268.91
3,210,758.94
3,096,132.55
4,903,580.72
739,856.68
1,560,012.43
327,027.08
4,838,350.35
3,422,500.21
1,225,425.28
490,366. 56
5,792,289.97
1,336,243.74
680,869.15
3,903,820.04
4,948,821.23
825,724.59
906,596.63
2,470,828.24
4,567,738.04
1,067,212.09
2,579,677.02
1,106,136.02
710,489.70

45,311,279.29
6,093,298.13
4,957,893.28
50,123,323.42
35,880,547.87
12,665,610.45
6,610,097.42
375,868.25
4,782,999.08
6,619,873.60
4,513,299.33
2,406,270.38
809,346.70
3,039,038.70
2,914,880.07
1,030,320.70
16,455,446.16
11,723,411.57
5,230,843.16
8,740,408.04
6,882,626.05
9,784,174.87
1,355,717.73
2,885,482.73
750,973.53
10,340,782.15
7,520,908.50
2,939,049.13
1,214,418.01
10,994,750.07
2,078,530.84
1,413,747.15
9,055,993.04
12,827,739.53
2,030,325.14
3,359,877.07
8,750,380. 14
14,417,291.59
7,197,918.39
7,173,353.52
3,528,531.68
1,875,739.65

26.30
23,57
27.55
25.15
24.82
25.19
30.99
25.59
25.40
29.39
35.85
31.20
35.74
33.53
39.61
31.49
30.15
23.74
27.44
32.94
27. 46
24.32
22.09
22.79
27. 60
26. 22
27.05
29.47
30.41
23. 52
24.70
25.10
30.10
31.94
28.17
38.19
28. 12
33.27
44. 69
34.26
28.65
32.43

288,239,807.59

20,317. 229.94
43,067, 778.71
1,968: 386. 00
6,462' 182. 27
2,137! 239. 76
4,499. 157.05
21,947; 319. 75
49,815^ 556,34
15,501, 714.48
36,137, 008.90
5,154, 044. 60
12,572, 199.69
3,332, 962. 61
5,332, .011.62
147, 577. 00
367: 274.50
2,055, 221.65
4,706, 982.87
2,224, 834. 00
5,631' 831. 20
1,648, 999.05
3,147: 215.56
708, 955. 05
1,927: 866.15
293, 219. 75
566' , 183. 89
1,627, 391.33
2,713: 564.75
1,839:,781.33
1,450' 009. 40
817; .911.64
526i 375 75
5,726, 898.15
13,643 127.03
12,347 381.22
4,860: 252. 50
,
4,765 ' 166. 03
1,932. 012. 25
6,633 692. 89
3,964: 224. 70
6,266 515.11
1,788] 526. 50
10,055 761. 43
3,418, 102.15
1,493 958. 36
500 016. 05
599 342. 30
3,165 .874.86
,305.36
307',548.85
680
9,803 ,850.70
2,904 288. 80
6,950 132. 42
3,088 470.29
2,493 ; 350. 56
710. 405.85
998 ,233.13
013. 761. 45
11,685 329. 94
4,358: 445.10
2,711 487. 48
578: 613.10
1,408 213. 31
300, 838. 00
8,020 640.09
3,002: 755. 00
10,038 892. 46
0,072. 692.30
1,801 740. 35
1,027: 008. 55
2,199 078. 25
2,063 ; 050. 04
7,785 853. 74
5,344 444. 90
10,834 386.16
9,146 779.55
4,025 ,751.44
5,975 203.30
5,234 354.04
4,305 901.50
3,078:;898. 59
2,217 354. 66
1,445 , 979. 40
1,132 404. 95

3,176,185
853,821
554,700
2,797,899
4,565,384
984,841
368,129
30,904
266,236
1,466,409
1,247,755
708,200
223,000
629,015
501,820
192,710
3,689,407
2,253,989
1,282,402
1,353,250.
1,923,717
1,213,892
95,000
680,278
90,147
2,416,993
904,872
960,058
92,790
743,205
724,080
331,505
2,536,418
1,664,976
155,682
339,425
673,357
74,074
105,503
212,775
158,691
7,845

5,063,736.75

567,950.00
80,000.00
32,750. 00
940,653.00
863,500.00
481,250.00
243,000.00
27,500.00
216,100.00
225,430.00
85,875. 00
50,364.52
18,750. 00
50,500. 00
85,000.00
17,500.00
435,155.00
285,282.65
116,500.00
212,175.00
74,250 00
248,600.00
14,245.00
45,850.00
20:250.00
187;150. 00
105,000.00
42,500. 00
17,500.00
100,750.00
39,000.00
34,475.00
93,000.00
141,250.00
21,850.00
50,800.00
261,750.00
628,700.00
50,000.00
75,000.00
46,350.00
25,000.00

329,232,460.82

157,108,207,51

7,304,505.17

152,741,082.23

360,468,373.91

27.37

643,999,558.24

445,348,015.10 110,294,626 12,428,241.92

152,741,082.23

720,811,965.25

27.98

Not exceeding 60
ver cent.
2,590,786.27
1,432,652.89
1,214,050.10
9,108,468.42
1,931,477.09
4,540,179.42

5,268,130.79
3,115,297.96
2,561,245.36
18,413,335.22
3,734,413.38
9,998,563.72

17.18
17.74
17.23
17.07
16.41
18.33

43,090,986.43

17.36

43,254,579

4,599,731.88
2,634,704.83
2,229,641.83
16,184,205.70
3,411,953.38
8,180,133.20

1,984,899.77
1,018,125.07
789,608.26
5,792,518.80
1,058,445.29
3,478,232.80

410,690
417,570
351,362
2,508,923
551,666
1,366,984

281,754.75
246,950.00
206,225.00
1,003,425.00
192,825.00
613,167.50

37,240,370.82

14,121,829.99

5,607,195

2,544,347.25




20,817,614.19

198

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE
FEBRUARY 14, 1908—Continued.
Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

STATES, ETC.—continued.
New York
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia
Total, Eastern States.
Virginia
West Virginia..
North Carolina
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total, Southern States...
Ohio
Indiana
Illinois....
Michigan..
Wisconsin.
Minnesota.
Iowa
Missouri...
Total, Middle States..
North Dakota.
South Dakota.
Nebraska
..
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma
Total, Western States.
WTashington.
Oregon
California
Idaho
U tah
Nevada
Arizona
Alaska a
Total, Pacific States.
Hawaii«...
Porto Rico.
Total, island possessions.

Per
cent.

$236,335,757.87
132,227,979.76
333,182,751.81
9,137,794.15
27,059,316.01
1,105,672.60

$52,154,401.50
33,286,878.80
71,852,541.08
1,962.995.36
5,180,201.78
351,872.28

22.07
25.17
21.57
21.48
19.14
31 82

739,049,272 20

164,788,891.80

22.30

58,219,371.18
33,359,7C0 94
18,608 138.26
12,937;241.71
27,413,610.52
17,179 191.22
24,552 446.11
10,302; 091.63
13,861 951. 91
80,667 390.00
11,932 782.19
31,504 802.23
40,412 622. 89

12,905,519 83
7,985,123. 47
3,801,409.92
2,440,619. 41
7,792.553.65
4,166,552.64
7,819,701 48
3,115,224. CO
4,404,439. 59
28,605. 935. 58
3,727,837. 00
8,833.074.16
11,667, 475. 59

22.17
23.94
20.43
18.87
28.43
24.25
31.85
3024
31.77
35.46
31.24
28.04
28.87

380,951,400. 79

107,266,466. 92 28.16

157,928,347.82
87,032,823 36
153,295, 412. 89
69,884, 599 87
70,692, 538. 99
59,410, 801.13
95,484, 3,8. 34
24,727, 202. 75

38,152,837.62
27,716, 379. 98
44,474,258. 90
16,100 035.17
17,649 555. 91
14,658 903.20
27,195 058= CO
8,737 621. 41

24.16
31. 85
29.01
23.04
24. 97
24.67
28. 48
35.34

718,457,095.15 j 194,(84.648.79

27.10

20,989,799.37
20,351,295.08
46,370,667.03
53,435.109.25
26,171,089.91
10,190,848 76
33,289,105.99
9,620,345.86
37,637,951.61

5,470,374. 59
5,514,477 92
14,274,672. 31
20,346, 11012
9,588,052 87
3,046.040.85
13,534; 914.25
3,051, 314 02
15,047, 719. 59

26.06
27 10
30. 78
38 10
36 64
29 89
40 66
31.72
39.98

258,055,225.86 j

9,873,676.52

34 83

18,242 331.00
10,341 222 31
55,042,387. 94
10,469, 431.89
5,263 125.17
4,052 768. 94
5,116, 933.17
1,151 079. 89

6,860,976.90
6,601,776.76
15,977,998.14
3,057,594 24
1,284,8 0 38
1,05^,330.13
1,610,076.10
286,562.39

37.61
4040
29.03
29. 21
24.41
26.06
31.45
24.90

115,679,284 31

36,736,175.04

31.76

1,225,774.44 j
259,335. 48

447,529. 08
51,521.94

36.51
19.87

1,485,109.'

499,051.02

33.60

Total, States, etc

2,461,947,527.04 |

656,335,745.75

26.66

Total, United States

5,037,945,759.98 I 1,417,544,976.07

28.14




a Statement of December 3, 1907.

EEPOET OP THE COMPTROLLER OF THE CTJEKENCY.

199

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
FEBRUARY 14, 1908—Continued.
Reserve required, and the amount and per cent held.
Held.

Required.

Specie.

Legal
tenders.

Available with
reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount. Per
serve required
fund.
cent.
after deducting
redemption
fund.

$5,525,724 $1,430,669.00
3,337,227
634,193.00
7,600,186 2,364,745.56
191,087
69,024.50
668,280
176,087. 30
49,640
12,500.00

$20,411,816.81
11,520,002.38
28,567,600.33
780,986.77
2,329,686.06
92,010.53

$40,245,168.91
21,524,646.31
58,229,584.31
1,528,480.72
4,538,992.10
259,430.03

17.03
16.28
17.48
16.73
16.77
23.46

4,687,219.36

63,702,102.88

126,326,302.38

17.09

439,685.07
324,838.00
192,304.66
121,600.00
319,386.50
141,010.00
283,694.40
116,298.80
120,025.00
774,996.28
87,187.50
402,373.96
361,748. 80

4,975,932.36
2,807,475.68
1,559,349.65
1,076,021.06
2,275,593.05
1,461,521.21
2,039,503.51
857,408. 97
1,175,560.67
6,795,007.33
1,021,637.90
2,594,007.82
3,420,086.78

10,626,035.17
6,327,668.12
3,566,489.84
2,440,619.41
5,995,809.16
3,382,741.53
0,255,048.56
2,089,032.54
2,672,672.58
19,420,247.05
2,579,198.50
5,839,354.23
8,852,864.32

18.25
18.97
19.17
18.87
21.87
19.69
25.48
20.28
19.28
24.07
21. 01
18.53
21.91

14,969,270

3,685,148.97

32,059,165.99

80,048,981.01

21.01

4,748,071
2,403.254
4,041,309
1,770,986
1,162,556
908,830
2,090,671
927,742

1,153,852.01
721,765.53
1,021,994.10
373,812.50
356,829.00
343,978.58
627,465. 43
233,429.00

13,521,240.10
7,399,894.78
13,183,480. 70
• 6,065,326.49
6,148.231.11
5,140,584.95
8,217,113.89
2,085,390.85

28,611,800.47
17,303,095.46
28,475,116.55
12,709,158.09
12,142,420.52
10,459,119.65
16,229,950.09
4,950,885.10

18.12
19.95
18.58
18.19
17.18
17.60
17. 00
20.02

46,293,797.91

18,053,419

4,833,126.15

61,761,202.87

130,941,005.93

18.23

1,309,892.71
1,612,101.00
2,820,037.59
4,152,835 63
2,840,191.35
965,149.60
4,153,917.97
977,561.45
3,938,614.28

500,044
449,660
1,016,530
1,660,852
775,428
192,556
814,835
279,210
1,238,966

108,336.61
96,768.20
300,815.50
399,476. 50
110,091.65
58,640.00
178,131.85
75,822.00
359,346.23

1,824,079.98
1,773,555 73
3,992,870.73
4,569,473.93
2,289,343.10
881,992.39
2,889,140.52
820,338.02
3,171,808.81

3,742,353.30
3,932,084.93
8,130,253.82
10,782,038.06
6,015,054.10
2,098,337.99
8,036,025.34
2,152,931.47
8,708,735.32

17.83
19.32
17.53
20.18
22.98
20.59
24.14
22.38
23.14

38,708,433.88

22,770,301.58

0,928,081

1,687,428.54

22,212,603.21

53,598,414.33

20.77

2,736,349.65
2,451,183.35
8,256,358.19
1,570,414.78
789,468.93
607,915.34
767,540. 43
172,661 98

2,620,496.09
2,961,327.45
7,071,879.85
1,149,005.31
558,842.84
439,667.00
641,454.10
138,775.50

161,585
81,840
226,811
144,055
7,279
60,801
90,384
2,727

77,539.00
76,140.00
379,592.00
55,437.50
38,250.00
72,732.50
24,850.00
3,125.00

1,595,286.39
1,425,026.01
4,726,059.71
908,986.37
450,731.36
321,109.70
445,614.26
101,722.19

4,454,900.48
4,544,333.46
12,404,342.56
2,257,484.18
1,055,103.20
894,310.20
1,202,302.36
246,349.69

24.42
27.81
22.54
21.56
20.05
22.07
23.50
21.40

17,351,892.65

15,581,448.14

775,482

727,666.00

9,974,535.99

27,059,132.13

23.39

183,866.17
38,900.32

342,163.25
27,081.10

490
10,000

14,287.50
5,000.00

90,588.33
9,440.84

447,529.08
51,521.94

30.51
19.87

10,490

19,287.50

100,029.17

499,051.02

33.60

63,716,081 18,184,223.77

210,627,314.30

461,504,473.23

18.75

363,368,396.53 1,182,376,438.48

23.47

$35,450,363.68
19,834,196.97
49,977,412.77
1,370,669.12
4,058,897.40
165,850.89

$12,876,959,10
6,033,223.93
19,697,052.42
487,382.45
1,364,938.74
105,279.50

110,857,390.83

40,564,836.14

17,372,144

8,732,905.68
5,003,964.14
2,791,220.74
1,940,586.26
4,112,041.58
2,576,878.68
3,682,866.92
1,545,313.74
2,079,292.79
12,100,108.50
1,789,917.33
4,725,720.33
6,061,893.43

2,944,134.74
2,362,128.44
1,176,333.53
805,307.35
1,905,033.61
986,847.32
2,719,596.65
615,989.77
1,066,569.91
8,025,251.44
1,162,849.10
2,116,232.45
3,449,121.74

2,266,283
833,226
638,502
437,691
1,495,796
793,363
1,212,854
499,935
310,517
3,824,932
307,524
726,740
1,621,907

57,142,710.12

29,335,396.05

23,689,252.17
13,054,923.51
22,994,461.93
10,482,689.98
10,603,880.85
8,911,620.17
14,322,655.25
3,709,080.41

9,188,697.36
6,838,181.15
10,228,332.75
4,499,033.10
4,474,804.41
4,065,726.12
5,294,699.77
1,704,323.25

107,768,564.27
3,148,469.91
3,052,694.41
6,955,600.05
8,015,266.39
3,925,663.49
1,528,627.31
4,993,366.05
1,443,052.03
5,645,694.24

222,766.49

369,244.35

369,292,129.06

169,036,854.16

1,013,291.687.30

614,384,869.26 174,010,707 30,612,465.69




52
53
5'

se
57
58
53
01
6]
02
63
64
(if
Of
07
(£
6£
71

71
i:
74
7f
7t
77
7h

7f
8f
8:
8^
K
8*
8/
81
8'

8F
8?
9f
91
9?
%
9'
91

9f
97

200

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE
MAY 14, 1908.

Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.

Amount.

Per
cent.

CENTRAL RESERVE CITIES.
1
3

New York
.
Chicago
....
St. Louis
Total, central reserve cities

$1,053,067,781.61
269,193,476.50
102,425,898.67

$321,419,139.11
72,196,391.55
29,556,234.44

30.52
26.82
28.86

1,424,687,156.78

423,171,765.10

29.70

188,549,143.77
29,842,554.74
20,163,582.93
225,642,843.62
146,617,124.71
52,178,556.78
21,215,021.82
1,253,025.01
18,485,610.94
22,105,579.11
12,512,663.90
7,847,528.84
2,297,383.97
10,810,503.73
7,583,327.41
3,023,755.41
52,180,939.36
49,304,601.30
18,804,533.36
26,996,762.10
27,444,569.57
37,875,583.95
6,051,901.29
12,850,417.55
2,622,488.63
39,922,588.24
28,231,572.81
9,031,454.86
2,188,079.88
4,996,279.80
58,843,144.92
12,722,098.51
6,261,389.30
32,111,493.52
44,155,775.95
7,097,377.17
8,563,852.73
33,738,187.99
44,608,164.08
18,254,524.05
22,983,142.60
13,628,139.67
5,755,772.12

63,131,635.91
9,843,537.89
6,691,797.71
74,638,079.51
37,556,385.87
14,959,839.74
7,408,131.73
379,417.42
5,615,427.37
6,399,951.91
4,341,604.32
2,793,598.79
681,320.36
4,418,496.93
3,063,047.68
950,713.29
14,482,696.39
12,596,469.22
4,922,654.50
9,981,821.78
9,418,438.66
10,282,677.23
1,188,391.88
3,461,536.66
697,507.01
10,918,628.77
8,408,207.10
2,532,159.21
648,925.70
1,898,577.31
22,269,874.38
3,663,315.91
1,702,547.16
9,878,200.71
17,145,908.98
1,830,050.52
2,848,475.53
11,066,606.97
16,234,901.57
7,116,435.32
7,567,638.43
4,275,609.67
2,096,880.61

33.48
32.98
33.19
33.08
25.62
28 67
34.92
30.28
30 38
28.95
34 70
35.60
29.66
40 87
40.39
31.44
27.75
25 55
26.18
36.97
34.32
27.15
19.64
26.94
26.60
27.35
29.78
28.04
29.66
38.00
37.85
28.79
27.19
30.76
38.83
25.78
33.26
32.80
36.39
38.98
32.93
31.37
36.43

OTHER RESERVE CITIES.

26

Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas .
Fort Worth
Galveston
Houston
San Antonio
Waco
Cincinnati...
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids . .

28
29
30
31
3?
33
34
35
36
37
38
39
40
41
49
45
44
45
46

Dubuque
Minneapolis
St. Paul... .
Kansas City, Kans
Topeka
Wichita
Kansas City, Mo .
St. Joseph .
Lincoln
Omaha
Denver
Pueblo
Salt Lake City...
Los Angeles
San Francisco
Portland, Oreg
Seattle
Spokane
Tacoma

4
5
6
7
8
q
10
11
13
14
15
16
17
18
19
90
91
93
94

. .

Des Moines

.

. .

Total, other reserve cities

1,397,353,042.00

442,008,123.61

31.63

Total, all reserve cities

2,822,840,198.78

865,179,888.71

30.66

30,665,300.93
17,030,265.87
15,002,763.41
114,447,709.99
23,124,462.07
55,347,357.88

6,600,395.61
4,729,949.24
3,551,019.59
27,781,682.17
5,587,252.53
17,037,063.25

21.52
27.77
23.67
24.27
24.16
30.78

255,617,860.15

65,287,362.39

25.54

STATES, ETC.
47
48
49
50
51
52

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island .
Connecticut
Total, New England States




. .

REPORT OF THE COMPTROLLER OF THE CURRENCY.

201

OP EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
MAY 14, 1908.

Reserve required, and the amount and per cent held.
Held.

Required.

Specie.

Legal
tenders.

Available witk
reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount. Per
fund.
serve required
cent.
after deducting
redemption
fund.

$263,266,945.40 $267,108,545.11 $51,277,839 $3,032,755.00
574,500.00
67,298,369.13 44,469,622.55 27,152,269
850,287.00
23,482,629.44 5,223,318
25,606,474.67

$321,419,139.11 30.52
72,196,391.55 26.82
29,556,234.44 28.86

356,171,789.20

335,060,797.10

83,653,426

4,457,542.00

47,137,285.94
7,460,638.68
5,040,895.73
56,410,710.90
36,654,281.18
13,044,639.20
5,303,755.45
313,256.25
4,621,402.74
5,526,394.78
3,128,165.97
1,961,882.21
574,345.99
2,702,625.93
1,895,831.85
755,938.85
13,045,234. 84
12,326,150. 32
4,701,133.34
6,749,190. 53
6,861,142.39
9,468,895. 99
1,512,975.33
3,212,604.39
655,622.16
9,980,647. 06
7,057,893.20
2,257,863.72
547,019.98
1,249,089.95
14,710,785.23
3,180,524.63
1,565,347.33
8,027,873. 38
11,038,943.99
1,774,344.29
2,140,963.18
8,434,546. 99
11,152,041.02
4,563,631.01
5,745,785.65
3,407,034.92
1,438,943.03

21,803,563.42
2,034,612.00
2,165,676.20
29,416,290. 79
16,255,010. 85
6,542,245.20
3,147,189. 25
119,952.50
2,457,310.10
2,376,498.55
1,406,201.30
683,382. 20
263,753.10
1,542,341.25
1,293,734.70
491,100.50
5,241,506.67
5,471,598.23
2,007,441.50
4,105,667.25
1,885,242.50
3,769,157.80
497,357.10
1,178,574.70
289,396. 20
4,022,499.05
3,552,253. 29
558,212.45
280,437. 50
607,022.27
6,285,103.31
1,135,111.10
414,512. 95
3,089,524. 00
7,524,028.80
981,390.25
1,971,353.49
6,955,893.10
9,161,422.55
5,845,695. 05
4,974,999.00
2,447,649.28
1,302,018.85

3,453,034
1,344,676
547,050
2,992,490
4,784,388
806,150
699,967
52,080
194,565
839.176
1,114,847
660,000
129,075
776,455
364,765
150,970
2,548,224
1.575,200
'973,403
1,167,950
1,918,338
1,428,380
133,600
634,855
68,626
1,617,735
613,171
768,478
92,985
350,805
1,123,642
772,616
466,118
2,000,589
1,797,482
71,958
58,475
412,067
273,539
29,544
193,130
109,516
25,025

557,250.00
80,000.00
45,850. 00
918,540. 00
846,000.00
449,500.00
234,600. 00
27,500. 00
205,850.00
214,030. 00
88,375.00
58,650.00
18,750.00
50,500.00
92,500.00
17,500.00
379,670. 00
285,450. 00
121,900.00
195,364.00
71,510.00
248,600.00
14,250.00
46,600. 00
26,250.00
182,900.00
93,400.00
42,500.00
15,000.00
15,900.00
148,802.50
44,000. 00
34,780.00
98,000. 00
141,250.00
21,050.00
60,000. 00
261,750.00
628,700.00
62,500.00
75,000.00
48,450. 00
25,000.00

$23,290,017.97
3,690,319.34
2,497,522.87
27,746,085. 45
15,670,987.02
6,297,569.60
2,534,577. 73
142,878.13
2,207,776.37
2,656,182.39
1,519,895.49
951,616.10
269,742.26
1,326,062.97
901,665.93
291,142.79
6,313,295.72
5,264,220.99
1,819,910.00
3,276,913.26
3,394,816.20
4,610,147.99
543,184. 78
1,583,002.20
313,234.81
4,898,873.53
3,482,246.60
1,106,431.86
260,503.20
616,584. 97
7,280,991.92
1,568,262.32
765,283.66
3,964,936.69
5,448,846.99
755,652.27
758,647.04
3,436,896.87
5,261,670.51
1,178,696.27
2,624,509.43
1,669,994.39
706,971,51

49,103,865. 39
7,149,607.34
5,256,099.07
61,073,406.24
37,556,385.87
14,095,464.80
6,616,333.98
342; 410. 63
5,065,501.47
6,085,886.94
4,129,318.79
2,353,648.30
681,320.36
3,695,359.22
2,652,665.63
950,713.29
14,482,696.39
12,59(3,469. 22
4,922,654.50
8,745,894.51
7,269,906.70
10,056,285.79
1,188,391.88
3,443,031.90
697,507.01
10,722,007.58
7,741,070.89
2,475,622.31
648,925. 70
1,390,312.24
14,838,539. 73
3,519,989. 42
1,680,694.61
9,153,049.69
14,912,207.79
1,830,050.52
2,848,475. 53
11,066,606.97
15,325,332.06
7,116,435.32
7,567,638.43
4,275,609.67
2,059,015.36

26.04
23.96
26.07
27.07
25.62
27.01
31.19
27.33
27.40
27.53
33.00
29.99
29.66
34.18
34.98
31.44
27.75
25.55
26.18
32.40
26.49
26.55
19.64
26.79
26.60
26. 86
27.42
27.42
29.66
27.83
25.22
27.67
26.84
28.50
33.77
25.78
33.26
32.80
34.36
38.98
32.93
31.37
35.77

349,338,260.50

177,254,530.15

39,935,139

7,293,971.50

164,898,768.39

389,382,409.04

27.87
28.79

705,510,049. 70 512,315,327.25 123,588,565 11,751,513.50

4,599,795.14
2,554,539.88
2,250,414.51
17,167,156.50
3,468,669.31
8,302,103.68

1,978,303.71
1,053,834.09
770,483.36
6,003,354.77
1,054,108.09
3,617,164.13

38,342,679.02

14,477,248.15




423,171,765.10

29.70

1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
3
3
3

I 4
i 4
4
4
4
4

4

164,898,768.39

812,554,174.14

281,154.75
246,950.00
225,975.00
995,725.00
207,175.00
616,167.15

Not exceeding 60
per cent.
2,591,184.23
1,384,553.93
1,214,663.71
9,702,858.90
1,962,146.21
4,611,561.92

5,293,235.69
3,068,367.02
2,550,541.07
19,434,608.67
3,812,518.30
10,233,194.20

17.26 j 4
18.02 4
17.00 4
16.98 5
16.46 5
18.49 5

5,875,101 2,573,146.90

21,466,968.90

44,392,464.95

17.37

442,593
383,029
339,419
2,732,670
589,089
1,388,301

202

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE or

THE NATIONAL BANKS AT DATE

MAY 14, 1908—Continued.

Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per
cent.

STATES, ETC.—continued.

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

$239,765,627.04
133,909,626.91
333,597,505.76
:
8,840,608.92
!
27,074,182.76
j
1,186,021.30

22.25
25.47
21.47
22.96
18.59
42.74

|

744,373,572.69

166,663,229.64

22.39

57,170,105.12
33,254,745.02
19,477,571.00
11,983,760.56
27,527,896.17
18,696,111.69
23,386,162.77
9,952,278.54
12,416,333.18
75,901,588.65
11,885,795.59
30,681,271.72
41,659,428.92

12,150,302.82
7,467,994.52
3,629,999.73
2,006,189.20
6,356,893.07
4,674,766.08
6,902,009.31
2,820,707.10
3,212,637.51
25,489,473.36
3,498,692.77
7,649,426.39
10,638,503.86

21.25
22.46
18.64
16.74
23.09
25.00
29.51
28.34
25.87
33.58
29.44
24.93
25.54

373,993,048.93

96,497,595.72

25.80

151,858,
90,449,164.65
155,769,158.62
71,217,876.00
69,982,100.88
60,862,539.66
94,910,640.33
24, 157,919.90

Total, Eastern States

$53,355,339.87
34,108,484.10
71,630,639.05
2,029,868.11
5,032,009.68
506,888.83

35,234,700.14 23.20
27,534. 725.47 30.44
42,480: 966.36 27.27
17,013! 174.98 23.89
16,403: 285.32 23.44
13,565: 553.70 22.29
24,565 818.29 25.88
7,766 568.07 32.15

Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Total, Southern States
Ohio
Indiana
Illinois
Michigan..
Wisconsin.
Minnesota.
Iowa
Missouri...
Total, Middle Western States.

719,208,293.93

Total, Pacific States

Total, States, etc
Total, United States




87,831,448.68

33.87

7,639,542.84
6,880,210.83
16,360,974.71
3,128,217.11
1,241,288.40
1,149,066.10
1,721,040.37
170,711.32

37.60
39.25
29.14
29.23
24.19
27.80
31.53
23.53

120,148,975.43

38,291,051.68

31.87

1,043,796.55
264,884.02

i

25.21
26.65
31.52
34.94
35.36
25.02
42.53
32.18
38.14

20,313,565.47
17,529,637.28
56,155,472.80
10,702,334.28
5,131,416.19
4,132,975.66
5,458,219.98
725,353.77

Hawaii a
Porto Rico
Total, island possessions.

25.66

5,409. 463.30
5,625:056.20
15,157: 844.55
17,691]087.66
9,277,894.94
2,413. 205.84
14,637: 963.98
3,106: 895.44
14,512: 036.77

259,290,492.14

Total, Western States
Washington.
Oregon
California
Idaho
Utah
Nevada
Arizona
Alaska «

184,564,792.33

21,454; 381.48
21,110,902.96
48,082, 474.50
50,635, 119.87
26,240, 436.81
9,645, 108.75
34,419,019.01
9,655,284.34
38,047, 764.42

North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming..
Colorado
New Mexico...
Oklahoma

266,115.20
64,726.48

25.49
24.44

1,3

0.57

330,841.68 ! 25.28

j 2,473,940,923.84

639,466,322.12 | 25.85

5,295,981,122.62
a Statement of February 14, 1908.

1,504,646,210.83

28.41

REPORT OF T H E C O M P T R O L L E R OF T H E C U R R E N C Y .
OP E A C H R E P O R T D U R I N G Y E A R

203

E N D E D S E P T E M B E R 23, 1 9 0 8 — C o n t i n u e d .

MAY 14, 1908—Continued.
Reserve required , and the amount and per cent held.
Held.
Available with

Required.
Specie.

Legal
tenders.

$35, 964, 844.06
20,086, 444. 04
50, 039, 025. 80
1, 326, 091.34
4, 081, 127.41
177, 903.19

$12, 981, 081.28
6, 378, 378. 40
19, 742, 032.51
485, 419.10
1, 385, 040.13
213, 633.00

$5,634, 192
3, 477, 144
7, 611, 986
222, 970
665, 005

111, 656, 035. 90

41, 185, 584.42

8, 575, 515.77
4, 988, 211. 75
2, 921, 035.05
1, 797, 564. 08
4, 129 184. 43
2, 804, 416.75
3, 507, 924. 41
1 492 841.78
1 862 449. 98
11 385 238. 30
1 782 809.34
4 602 190.76
6 248 914.34
58 098 957.34
22
13
23
10
10
9
14
3

778 834.08
567 374. 70
365 373.79
682 681.40
497 315.13
129 380. 95
236 598.05
623,687.99

107 881 244.09
3
3
7
7
3
1
5
1
5

218
166
212
595
936
446
162
448
707

157.22
635. 45
371.18
267.98
065.52
766.31
852. 85
292.65
164.66

38, 450

476, 131.50
647, 068.00
2, 399, 120.10
71, 722. 00
188, 515.20
12, 500.00

$20,693,227.53
11, 663,625.62
28, 584,299.86
752,621.60
2, 323,567.33
99,241.92

$40,784,632.31
22,166,210.02
58,337,444.47
1,532,732.70
4,502,187.66
303,824.92

17.01
16.55
17.49
17.34
16.85
30.67

17, 649, 807

4, 795, 062.80

64, 116,583.86

127,747,038.08

17.16

3 118 184. 46
2, 231 298.01
1, 181 810.36
688 697. 57
1 657 696. 83
1 171 322.40
2, 535 858. 73
668 989. 78
782 443. 90
7 012 424.49
998 733.75
2 029 038. 43
3 246,087.37

2 056 938
688 230
m?, 566
418 045
1 322 148
083 425
811 891
510 703
311 432
2 897 203
269 146

4, 884,550.48
2, 789,174.07
1, 640,148.37

1, 782 299

434, 598.30
339, 588.30
188, 055. 04
140, 237. 50
331, 955.90
153 702. 50
309 887. 40
122, 272. 00
124 625. 00
821, 197.73
88,687.50
433 806.90
372, 942.58

10,494,271.24
6,048,290. 38
3,572,579.77
2,000,189.20
5,590,137. 84
3,598,902. 45
5,570,459.34
2,124,300.65
2,201,195.89
17,009,309.56
2,373,076.35
5,629,724.67
8,920,912.00

18.36
18.19
18.34
10.74
20.31
19.25
23.85
21.35
18.21
22.49
19.90
18.35
21.43

27 322 586.08

12 979 911

3, 861 676.71

31, 107,181.55

75,271,355.34

20.13

12
7
13

834,048

1 163,817.91
719 871. 90
1 020 330. 40
373 162. 50
358 329.00
354 650. 00
651 000. 43
234 955. 00

909,009.70
708,501.08
407,020.04
6,185,711.34
6 083,391.68
5 204,838. 57
8 151,357.37
2 033,239. 79

27,623,505.81
17,600,951.85
28,353,041.28
12,984,498.83
12,070,839.29
10,521,874.55
10,331,328.51
4,729,301.37

18.19
19.53
18.20
18.23
17.20
17.29
17.21
19.58

192,505

4 876 117.14

61

803,076.17

130,281,941.49

18.11

422
569
635
144
231.
842
992
228
234

112 661.61
99 981.50
316 035.50
387 030. 75
111 310. 00
01 240.00
185 087. 50
70,624.50
372 074. 30

1
1
4
4
2

863,297.37
839,992.37
137,801.40
324,941.44
294,853.31
831,315.79
2 986,659.21
820,000.89
3 201,054.22

3,803,820. 38
3,805,550.23
8,325,793. 02
9,824,504.84
5,004,436.13
1,945,876.11
7,050,107.95
2,091,125.16
8,146,712.06

17.73
18.03
17.32
19.40
21.59
20.17
22.23
21.06
21.41

6 212 297

1 716 045.66

8
6
10
4
4
4
5
1

665,825

323.20
663.27
409. 84
002.99
866.61
052. 98
865.71
058.58

4
2
3
1
1

46 410 243.18

17

1
1
2
3
2

915
852
330
567
517
049
550
627

342
488
943
835
380
925
3 698
967
3 442

439. 40
007.36
321.72
448.65
041. 82
478.32
429.24
671.77
349.54

575 355
379 915
595 875

858,622

117 252
853 333
1 978 105

485
377
928
1 277
878
127
779
226
1 131

759,209.13

2, 278,337.11
1, 590,392. 55
1, 918,822.21

822,341.87

1, 042,094.99
6, 338,424.34
1, 010,509.10
2, 500,994.28
3 525,583.05

22

308,516. 00

51,258,040.48

1
1
4

778,500.99
530,769.88
815,207. 55
929,874. 09
438,877.40
328,328. 31
473,809.80
34,348.47

4,553,174.78
4,305,022.07
11,073,984.02
2,070,550.73
1,013,919.17
930,348.99
1,191,089.78
170,711.32

22.41
24.56
20.79
19.35
19.76
22.66
21.82
23.53

665 819

757 621.50

10

329,770.53

25,915,407.40

150
20 000

14 287. 50
5 000. 00

245 ,928.45

20 150

19 287. 50

21 023 187.82

3 047 034. 82
2,629 ,445. 59
8,423 ,320.92
1 605 350.14
769,712.43
619 946. 35

818,733.00
108 803.07

2 557 271.29
2 599 711.31
6 263 ,308. 47
969 ,133.64
529 211. 71
497 ,608.18
636 052. 98
109 ,892. 85

022 346.32

14,162,190.43

156 , 569. 48
39,732.60

134
90
197
115
7
37
52
23

536
979
493
989
580
680
217

345

82
78
397
55
38
72
28
3

23,720.50
20,839.50

200,115.20 25.49
03,810. 81 24.09

44,566.08

329,932.01

25.21

371 ,091 ,138.57

164,826 , 968.53 60 595 590 18 598 958. 21

211

174,669.07

455,190,185.81

18.40

1,076,601,188.27

677,142 ,295.78 184 184 155 30 350 471.71

376

073.437,46 1,267,750,359. 95 23.94

196 ,302.08

59
60
61
62
6c
6Z
05
66
07
08
69
7(1
71

72
73
7'
7.1
76
77
7S
79

8f
81
82
85
84
8f
8C
87
85

21.57

227 ,951.20
17 ,977.25

53
54
55
.56
57
58

19.77

866. 50
162. 50
975.00
560.00
250.00
732. 50
950. 00
125. 00

'38 893 573. 82

18

reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount. Per
serve required
fund.
cent.
after deducting
redemption
fund.




8?
9C
91
92
93
9'
9f
96

97
9S

204

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE

JULY 15, 1908.
Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per
cent.

$1,121,491,854.83
279,370,297.00
100,700,520.31

$318,143,334.21
74,288,059.76
25,700,604.83

28.37
26.59
25.52

1,501,562,672.20

418,131,998.80

27.85

CENTRAL RESERVE CITIES.

New York.
Chicago
St. Louis..
Total, central reserve cities
OTHER RESERVE CITIES.
Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
Cincinnati
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans.
Topeka
Wichita
Kansas City, M o . . .
St. Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland, Oreg
Seattle
Spokane
Tacoma

206,647,549.46
29,014,364.19
22,429,062.76
240,409,873.91
148,497,996.34
54,680,024. 55
19,793,121. 99
1,192, 532.42
19,138,438. 98
22,617,365.19
11,439,618.17
7,200,983.97
1,960,715.00
10,345,230.12
7,713,172.46
2,892,638. 51
58,180,368.39
53, 796, 424. 49
19,228,848. 35
27,776,096.53
26,426,651. 81
38,751,450.86
5,583,026. 81
12,615,495. 31
2,478, 461.38
42,083,244.06
29,231,646.30
8,908,340.16
2,173,131.71
4,854,640. 68
57,983,340. 87
13,288,967.24
6,402,737.30
32,131,587.79
44,351,052.03
7,028,748.72
8,539,277.09
32,982,300.08
54,856,992.43
18,367,901.12
24,038,657.49
13,865,604. 85
5,906,294.32

75,356,207.72
9,299,791.36
8,417,086.08
75,012,874.83
38,017,885.41
15,997,992.19
6,372, 439.13
272,835.93
5,348,632. 47
6,846,726.03
3,600,861.21
2,382,502.01
668,092. 96
4,108,076.17
3,315,545. 42
895,084.86
17,611,707.01
17,086,859.62
5,565,591. 80
10,088,797. 47
8,613,114.38
10,944,831.82
1,218,081.74
2,959,537.02
822,084.60
12,581,748.98
8,932,607.98
2,195,855. 47
657,911.42
1,666,225.47
20,382,199.07
3,933,395.93
1,517,525.33
9,349,656.70
16,419,221.26
1,740,586.18
2,887,017.18
9,717,173.86
19,403,017.11
6,931,354.17
8,386,060.79
4,259,622.86
1,910,180.83

36.47
32.05
37.53
31.20
25.60
29.26
32.20
22.87
27.95
30.27
31.48
33.09
34.07
39.71
42.99
30.94
30.27
33.62
28.94
36.32
32.59
28.24
21.82
23.46
33.17
29.90
30.56
24.65
30.27
34.32
35.15
29.60
23.70
29.10
37.02
24.76
33.81
29. 46.

35.37
37.74
34.89
30.72
32.34

Total, other reserve cities.

1,457,803,976.19

463,694,599.88

31.81

Total, all reserve cities

2,959,366,648.39

881,826,598.63

29.80

31,823,968.37
17,301,098.15
15,448,996.83
116,357,104. 61
23,022,892.05
59,304,155.18

7,392,330.26
4,997,492.38
4,041,896.46
28,998,119.16
5,124,200.13
17,857,228.86

23.23
28.89
26,16
24.92
22.26
30.11

263,258,215.19

68,411,267.25

25.99

STATES, ETC.

Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut
Total, New England States.




BEPOET OF THE COMPTROLLER OF THE CURRENCY.

205

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.

JULY 15, 1908.
Reserve required, and the amount and per cent held.
Held.

Required.

Specie.

Legal
tenders.

Available with
reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount. Per
fund.
serve required
cent.
after deducting
redemption
fund.

$280,372,963.71 $255,639,185.21 $59,593. 044 $2,911,105. 00
69,842,574.26
45,589,381.76 28,108,878
589,800. 00
19,282,784.83
25,175,130.08
851,087.00
5,566,733
375,390,668.05

320,511,351.80

$318,143,334.21 28.37
74,288,059. 76 26.59
25,700,604.83 25.52

93,268 655

4,351,992.00

25,090,279.57
2,039,206.40
2,629,475. 45
27,946,654.81
15,948,441. 05
5,777,853.40
1,585,189.70
86,749. 00
2,279,526.85
2,328,640.75
870,237.69
615,048.50
345,178. 75
1,594,876.20
1,406,950.20
428,889.10
5,062,395. 71
5,937,124. 00
1, 996,037. 90
3,976,051.30
2,248,411.85
3,606,618.30
476,976. 00
981,217.10
254,052 92
3,850,953. 00
3, 700, 661. 64
500,788. 90
223,490.95
558,162. 35
6,104,850. 75
1,215,078. 60
479, 005.30
3,081,132. 20
7,368,905. 60
994, 667. 00
1,959,548.10
5,849,213.95
11,195, 705. 90
5,702,569. 80
5,109,027.95
2,282,403.30
1,290,021.50

4,429,440
1,250,866
1,055,950
4,347,852
4,993,121
667, 794
823,944
24,000
185,690
644,900
813,198
426,600
67,850
469,805
360,320
153,175
3,618,879
2,370,776
845,318
1,204,235
2,151, 741
1,306,360
72,300
341,817
73,273
1,455,248
672,129
519,122
42,040
122,000
1,122,310
604,515
438,551
2,000,428
1,312,922
72,968
79,328
729,491
102,998
18,648
162, 705
121,000
19,030

557,250.00
80,000.00
45,850.00
880, 490. 00
783,800.00
440, 750. 00
229,100. 00
27,500. 00
205,850.00
209,280.00
88,375. 00
70,050. 00
18, 750. 00
50,500.00
97,500.00
17,500. 00
374,005. 00
288,853. 40
127, 000. 00
214,954. 00
62,500. 00
248,600. 00
14,250. 00
46,600. 00
26,250. 00
143,650.00
115,535. 00
42,500. 00
15,000. 00
17,500. 00
145,750. 00
44,000. 00
29,780. 00
98,000.00
141,250.00
22,700. 00
60,000. 00
261,750. 00
634,950.00
62,500.00
75,000.00
50,950.00
25,000.00

364,450,994.05

176,978,269.29

42,294,637

7,191,372.40

173,594,271. 46 400,058,550.15

27.44

739,841,662.10

497,489,621.09 135,563,292 11,543,364.40

173,594,271. 46 818,190,548.95

27.65

51,661,887.36
7,253,591.05
5,607,265.69
60,102,468.48
37,124,499.08
13,670,006.14
4,948,280.50
298,133.10
4,784,609.75
5,654,341.30
2,859,904.54
1,800,245. 99
490,178.75
2,586,307.53
1,928,293.11
723,159.63
14,545,092.10
13,449,106.12
4,807,212.09
6,944,024.13
6, 606,662. 95
9,687,862. 71
1,395,756.70
3,153,873.83
619,615.34
10,520,811.02
7,307,911.58
2,227,085.04
543,282.93
1,213,660.17
14,495,835.22
3,322,241. 81
1,600,684. 33
8,032, 896. 95
11,087,763. 01
1,757,187.18
2,134,819.27
8*245,575.02
13,714,248.11
4,591,975.28
6,009,664.37
3,466,401.21
1,476,573.58

418,131,998.80
$25,552,318.68
'S, 586,795. 52
2,780,707. 84
29,610,989.24
16,292,523.36
6,614,628.07
2,359,590.25
134,586. 93
2,289,379.87
2,722,530. 65
1,385,764.77
865,098.00
235, 714. 37
1,267,903.76
915,396.56
295,520. 76
7,085,543.17
6,580,126.36
2,340,106.04
3,364,535.06
3,272,081. 47
4,719,631.35
654,555. 74
1,553,036.91
296,682. 67
5,188,580.50
3,596,188. 29
1,092,292.52
264,141. 46
598,080. 08
7,175,042. 61
1,639,120.90
570,189. 03
3,967,448.47
5,473,256.50
650,251.18
788,141. 08
2,876,718. 91
6,539, 649. 05
1,147,636.37
2,967,332.18
1,707,725. 60
576,129.33

4,773,595.26
2,595,164.72
2,317,349.52
17,453,565.69
3,453,433.81
8,895,623.28

2,004,329.20
1,038,521.64
807,999.16
6,105,903.99
991,807.23
3,687,913.73

431,698
365, 935
353,988
2,954,638
572,146
1,350,593

287,954.75
248,450.00
212,875.00
1,003,150.00
205,625.00
635,617.50

Not exceeding 60
per cent.
2,691,384.30
1,408,028.83
1,262,684.71
9,870,249.41
1,948,685.28
4,956,003.46

39,488,732.28

14,636,474.95

6,028,998

2,593,672.25

22,137,035.99




55,629,288.25
6,956, 867.92
6,511,983.29
62,785,986.05
38,017, 885. 41
13,501,025.47
4,997,823.95
272,835.93
4,960,446. 72
5,905,351. 40
3,157,575. 46
1,976,796.50
667,493.12
3,383,084.96
2,780,166. 76
895,084. 86
16,140,822.88
15,176,879. 76
5,308,461.94
8,759,775.36
7,734, 734.32
9,881,209.65
1,218,081.74
2,923,271.01
650,258. 59
10,638,431.50
8,084,513.93
2,154, 703. 42
544,672. 41
1,295,742.43
14,547,953.36
3,502,714.50
1,517,525.33
9,147,008. 67
14,296,334.10
1,740,586.18
2,887,017.18
9,717,173. 86
18, 473,302. 95
6,931,354.17
8,314,065.13
4,162,078. 90
1,910,180.83

27.85
26.92
23.98
29.03
26.12
25.60
24.69
25.25
22.87
25.92
26.11
27.60
27.45
34.04
32.70
36.05
30.94
27.74
28.21
27.61
31.54
29.27
25.50
21.82
23.17
26.24
25.28
27. C6
24.19
25.06
26.69
25.09
26.36
23.70
28.47
32.23
24.76
33.81
29.46
33.68
37.74
34.58
30.02
32.34

5,415,366.25
3,060,935.47
2,637,546.87
19,933,941.40
3,718,263.51
10,630,127.69

17.02
17.69
17.07
17.13
16.15
17.92

45,396,181.19

17.24

1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
3
3
3
3
4
4
4
4
4
4
4

4
4
4
5
5

5

206

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE
JULY 15, 1908—Continued.

Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per
cent.

STATES, ETC.—continued.

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.

$244,547,369.91
137,965,441. 51
334,252,475.32
9,265,014.27
27,866,650.72
1,067,123.90

22.34
26.38
20.87
24.46
20.17
35.91

754,964,075.63

169,069,253.41

22.39

12,701, 478.31
7, 499, 900.84
3,636, 721.09
2,189, 094.99
6,097, 270.06
4,060, 338.47
6,019, 469.07
2,560, 871. 78
3,250, 269. 56
22,417, 745.18
3,194, 274. 93
8,008, 768.70
10,642, 295.80

21.29
22.58
18.69
18.05
22.41
22.32
26.58
27.09
27.26
30.85
28,35
25.38
24.73

372,500,136.35

92,278,498.78

24.77

161,391, 037. 61
91,060, 740.08
158,687, 934.91
71,031, 850.78
69,638, 970.98
61,869, 620.37
94,215, 954. 96
24,427. 592.04
,

39,939,932. 70
27,274,977.95
43,602,177.26
16,118,180.62
16,897,146.12
13,505,984. 73
24,195,435. 46
8,007,320.22

24775

732,323,701.73

Total, Eastern States.

$54,642,131.39
36,394,097.32
69,763,404. 41
2,266,069.93
5,620,405. 74
383,144. 62

189,541,155.06

Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

59,649,950.12
33,222, 429. 90
19,457,917.63
12,127,459.42
27,206,390.23
18,189,984.73
22,645,141.11
9,451,198.09
11,926,623.04
72,676,156. 33
11,266,184.57
31,644,990.04
43,035,711.14

Total, Southern States.
Ohio
Indiana...
Illinois
Michigan..
Wisconsin.
Minnesota.
Iowa
Missouri...

Total, Middle Western States.
North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma

21,317,169.17
21,115,074.79
47,777,130. 89
50,968,292. 56
27,252,470.48
9,906,083.44
33,325,544. 59
9,977,188.67
36,891,396.74

Total, Western States

j

258,530,351.33

Washington.
Oregon
California. .
Idaho
Utah
Nevada
Arizona
Alaska a

20,374,576. 57
17,769,496.34
57,235,082.15
11,126,403.21
5,263,416.96
4,415,564.32
5,318, 466. 71
693,065. 41

Total, Pacific States.

122,196,071.67
1,219,247.32
255,611.61

Hawaii a

Porto Rico.
Total, island possessions.

29.95
27.48
22.69
24.26
21.83
25.68
32.78

25.88
4,805, 692. 52 22.54
5,040, 938.90 23.87
13,446. i. 35 28.15
17,039: 932. 48 33.43
9,292! 402.04 34.10
2,712! 722.91 27.38
13,183! 590. 66 39.56
3,018! 075. 67 30.25
12,344. 949.25 33.46
80,885,303.78

31.29

6,892,317. 85
6,466,267. 54
16,592,563. 69
3,245,611.71
1,253,350.98
1,210,445.39
1,648,081.14
129,009.27

33 83
36.39
28.99
29.17
23.81
27.41
30.99
18.61

37,437,647. 57 30.64
399,298.82
69,461.48

32.75
27.17

1,474,858.93

468,760.30

31.78

Total, States, etc

2,505,247,410.83

638,091,886.15

25. 47

Total, United States

5,464,614,059.22

1,519,918,484.78

27.81




a Statement of May 14, 1908.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

207

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
JULY 15, 1908—Continued.
Reserve required, ancI

the amount and per cent held.
Held.

Required.

Specie.

Legal
tenders.

Available with
reserve agents,
not exceeding
Redemption 60 per cent of re- Total amount. Per
serve required
cent.
fund.
after deducting
redemption
fund.

$36,682,105.49 $12,977,640.27
20,694,816. 22
6,632,395.94
50,137,871.30
19,190,865.59
1,389,752.14
482,719.85
1,352,625.53
4,179, 997. 61
160,068. 58
136,811.50

$5,504,653 $1,441,405.34
3,465,353
670,068.00
7,273,166 2,393,292.30
217,082
70,249. 00
623,924
187,015.80
24,560
12,500.00

113,244,611.34

$21,144,420.09
12,014,848. 93
28,646,747. 40
791,701.88
2,395,789. 08
88,541.15

$41,068,118.70
22,782,665.87
57,504,071. 29
1,561,752.73
4,559,354.41
262,412. 65

65,082,048.53

127,738,375.65

40, 773,058. 68

17,108, 738

8,947,492.52
4,983,364.49
2,918,687. 64
1,819,118. 91
4,080, 958. 53
2,728,497.71
3,396, 771.17
1,417,679.71
1,788,993. 46
10,901,423. 45
1,689,927.69
4,746,748. 50
6,455,356. 67

2,896,009.61
2,144,296.53
1,091,667.62
682,047.23
1,586,760. 71
1,081,561.48
2,234,693.78
579,342.13
694,682. 69
6,257,978.90
872,170.15
1,935,943.71
3,064,523.99

1,956,105
640,796
542,923
349,353
1,022,915
578,574
694,641
416,125
260,640
2,260,394
265,408
623,158
1,478,938

484,954. 75
349,300.90
241,356.96
142,912.50
340,903. 75
154,424. 00
280,980. 80
127,073. 80
124,625. 00
835,032.57
94,187.50
469,952. 00
396,644.00

5,077,522.66
2,780,438.15
1,606,398. 41
1,005,723.85
2,244,032.87
1,544,444. 22
1,869,474.22
774,363.55
998,621. 07
6,039,834.52
957,444.11
2,566,077.90
3,635,227.60

55,875,020. 45

25,121,678.53

11,089,970

4,042,348.53

31,099,603.13

71,353,600.19

24,208,655. 64
13,659,111.01
23,803,190. 24
10,654,777.62
10,445,845.65
9,280,443. 05
14,132,393. 24
3,664,138.81

8,901,922. 01
6,490,773.62
9,882,822.97
4,384,690.88
4,425,000.84
3,876,677.87
5,384,364.03
1,587,045.32

4,538,403
2,357,676
3,289,446
1,865,427
1,039,831
795,419
1,963,338
781,953

1,226,212.96
741,424. 00
1,046,755.90
380,090.00
368,766.50
360,887. 00
644,402. 93
238,167.25

13,789,465.61
7,750,612. 21
13,653,860.60
6,164,812. 57
6,046,247. 49
5,351,733.63
8,092,794.19
2,056, 082. 93

28,456,003.58
17,340,485. 83
27,872,885.47
12,795,020.45
11,879,845.83
10,384,717.50
16,084,899.15
4,663,248.50

109,848,555.26

44,933,297.54

4,774,530.44

10,414,592.02
5, 914,831.58
3,482,345.99
2,180,036.58
5,194,612. 33
3,359,003. 70
5,079,789.80
1,896,904.48
2,078,568.76
15,393,239.99
2,189, 209. 76
5,595,131.61
8,575,333.59

16,631,493

5,006,706.54

62,905,609.23

129,477,106. 31

3,197,575.38
3,167,261. 22
7,166,569.63
7,645,243.88
4,087,870.57
1,485,912.52
4,998,831.69
1,496,578.30
5,533,709.51

1,275,581.40
1,413,534,51
2,786,249.10
3,726,335.45
2,459,019. 69
766,127. 02
3,293,541.85
810,901.65
3,025,270.05

367,135
392, 029
945,025
1,135,452
785,456
90,275
678,849
185,894
959,506

117,174.11
100,952.00
320,263. 00
396,218.50
114,810.00
61,240. 00
188,107.50
77,399.50
376,080.80

1,848,240.76
1,895,763.83
4,107,783. 98
4,349,415.23
2,383,836.34
854,803.51
2,886,434. 51
851,507.28
3,094,577.23

3,608,131.27
3,802,279.34
8,159,321.08
9,607,421.18
5,743,122. 03
1,772,445. 53
7, 046, 932. 86
1,925,702.43
7,455,434.08

38,779,552.70

16.79
16.51
17.20
16.86
16.36
24.59
16.92

53
54
55
56
57
58

17.46
17.80
17.89
17.98
19.09
18.47
22.43
20.07
17.43
21.18
19.43
17.68
19.93
19.16

59
60
61
62
63
64
65
66
67
68
69
70
71

17.63 72
19.04 73
17.56 74
18.01 75
17.06 76
16.78 77
17.07 78
19.09 79
17.68

19,556,560.72

5,539,621

1,752,245.41

22,272,362. 67

49,120,789.80

16.93
18.01
17.08
18.85
21.07
17.90
21.15
19.40
20.21
19.00

3,056,186.49
2,665,424.45
8,585,262.32
1,668,960.48
789,512.54
662,334. 65
797,770. 01
103,959.81

2,441,645.30
2,424,067.75
6,261,047.93
970,755.33
485,326.30
465,593.15
506,424.05
105,507.75

118,390
82,634
170,241
102,489
10,526
9,201
85,649
615

88,141.50
80,680. 00
407,355.00
55,660.00
38,912.50
74,337.50
31,450. 00
3,125. 00

1,780,826. 99
1,550,846. 67
4,906,744.39
967,980.29
450,360.03
352,798.29
459,792. 00
19,761.52

4,429,003.79
4,138,228. 42
11,745,388.32
2,096,884. 62
985,124. 83
901,929.94
1,083,315. 05
129,009.27

21.74
23.29
20.52
18.85
18.72
20.42
20.37
18.61

18,329,410.75

13,660,367.56

579,745

779,661.50

10,489,110.18

25,508,884.24

20.88

182, 887.10
38,341.74

272,761.30
14,052. 20

20
19,000

14,287.50
5,000.00

101,159.76
20,005.04

388,228. 56
58,057. 24

31.84 97
22.71 98

19, 020

19,287.50

121,164. 80

446,285.80

30.26

56,997,585 18,968,452.17

214,106,934.53

449,041,223.18

17.92

387,701,205.99 1,267,231,772.13

23.19

221,228. 84

286,813.50

375,787,111.62

158,968,251.48

1,115,628,773.72

656,457,872.57 192,560,877 30,511,816.57




80
81
82
83
84
85
8fi
87
88

89
9(1
91
92
93
94
95
96

208

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE
SEPTEMBER 23, 1908.
Cash on hand, due from
reserve agents, and in
the redemption fund.
City, State, and Territory.

Deposits.
Amount.

Per
cent.

CENTRAL RESERVE CITIES.

New York
Chicago
St. Louis

$1,187,144,746.46
280,088,831.71
104,755,910.21

28.65
25.12
25.41

1,571,989,488.38

Total, central reserve cities

$340,168,265.52
70,365,850.85
26,619,455.24
437,153,571.61

27.81

OTHER RESERVE CITIES.

Boston
Albany
Brooklyn
Philadelphia
Pittsburg
Baltimore
Washington
Savannah
New Orleans
Louisville
Dallas
Fort Worth
Gal veston
Houston
San Antonio
Waco
Cincinnati..,
Cleveland
Columbus
Indianapolis
Detroit
Milwaukee
Cedar Rapids
Des Moines
Dubuque
Minneapolis
St. Paul
Kansas City, Kans
Topeka
Wichi ta
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Denver
Pueblo
Salt Lake City
Los Angeles
San Francisco
Portland, Oreg
Seattle
Spokane
Tacoma

...

222,616,433.59
32.614,149.35
20; 582,721. 48
259,890, .41
155,508, 594.63
55,839. 382.18
19,718',256. 78
1,240,050.25
18,115,600.42
21,692,850. 67
11,319,559. 78
7,241,753. 56
2,376, 493. 81
12,722,577. 04
8,140,732.13
2,627,331. 26
61,218, 264. 97
57,286,918.57
19,570, 384.69
28,139, 412. 55
29,404, 899. 44
41,084, 467. 78
5,914,335. 92
13,649, 897. 88
2,414,591.91
50,997, 566.17
33,070. 710. 89
9,040; 253. 79
2,359. 112. 66
5,441. 828. 09
66,298. 453. 75
14,934^ 030. 87
6,174. 184.07
34,174! 355. 95
44,116^ 600. 47
7,372, 147. 58
8,944, 632. 48
34,745. 964.82
56,048; 289. 30
19,191. 471.25
25,274; 960.02
14,380. 098.11
6,317! 154. 58

70,349,153.17
11,815,021.33
7,875,261.81
85,418,953. 30
45,036,734.38
15,799,372.09
6,835,927.99
388,278.04
5,041,889.13
5) 779,334.21
3,691,283.12
1,857,325. 95
923,693. 28
4.645,934.52
3,291,222.14
824,155. 58
16,513,624.47
18,707,257. 48
5,681,738.96
9,556,263. 63
9,234,118.71
12,685,082.29
1, 429,188. 82
3,930,875.20
816,755. 57
17,351,194.14
10,772,528.64
3,147,520.63
815, 750. 43
2,145,882.75
23,932,066.15
4.698,612.53
1,625,774.04
10,136,530.71
16,733,981.79
2,190,057.29
2,805,838.76
11,134,162.70
20,170, 472.35
6,926,802.44
9,033,958.04
4,648,781.19
2,213,980.19

31.60
36.23
38.26
32.87
28.96
28.29
34.67
31.31
27.83
26.64
32.61
25.65
38.87
36.52
40.43
31.37
26.97
32. 66
29.03
33.96
31.40
30.88
24.16
28.80
33.83
34.02
32.57
34.82
34.58
39.43
36.09
31.46
26.33
29.66
37.93
29.71
31.37
32.04
35.99
36.09
35.74
32.33
35.05

Total, other reserve cities

1,549,812,162.90

498,612,339. 94

32.17

Total, all reserve cities

3,121,801,651.28

935,765,911.55

29.98

33,354,082.44
17,705,572.17
15,617,879.02
118,812,625.01
23,390,181.32
57,817,430.36

7,781,173.22
5,108,753.82
3,879,568.25
28,506,459.39
5,132,236.59
16,423,785. 89

23.33
28.85
24.84
23.99
2L94
28.41

266,697,770.32

66,831,977.16

25.06

STATES, ETC.

Maine
New Hampshire
V ermont..,
Massachusetts
Rhode Island
Connecticut.
Total, New England States




EEPOBT OP THE COMPTBOLLEB OF THE CTJBBENCY.

209

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
SEPTEMBER 23, 1908.
Reserve required, and the amount and per cent held.
Held.

Required.
Specie.

Legal
tenders.

Available with
reserve agents,
not exceeding
Redemption 50 per cent of re- Total amount. Per
fund.
serve required
cent.
after deducting
redemption
fund.

$296,786,186.62 $277,999,243.02 $59,307,760 $2,861,262.50
609,500.00
70,022,207.93
43,686,228.85 26,070,122
5,249,979
20,517,661.74
26,188,977.55
851,814.50

$340,168,265. 52
70,365,850! 85
26,619,455.24

28.65
25! 12
25.41

437,153,571.61

27.81

342,203,133.61

90,627,861

4,322,577.00

26,189,706.30
2,151,285.54
2,158,059. 61
30,011,276.49
15,676,604. 70
6,036,235.40
2,135,349. 75
137,128.50
2,227,874.35
1,993,835.57
1,073.090.30
502,551.70
471,029.65
1,720,480.00
1,231,436.60
422, 724.85
5,299,274. 00
6,275,042.95
1,944,029.45
3,983,885.68
2,557,881.50
3,803,019. 60
361,764.00
753,727. 60
214,995.20
4,333,843. 00
3,304,068.67
806,966.15
261,295.75
548,430. 59
6,297,782.35
1,187,597.10
526,938.15
2,530,992. 00
6,973,798.75
1,060,048.74
1,504,595.35
6,415,945. 70
12.387,745.95
5^004,838.20
4,067,776. 40
2,003,911.85
1,029,753.00

3,408,107
1,600,017
822,305
3,740,405
5,070,153
839,909
713,236
18,062
259,035
567,178
831,900
466,135
91,065
659,637
425,181
158,570
2,848,537
1,855,763
893,556
988,830
1,902,748
1,440,804
44,500
611,230
88,086
2,101,033
639,175
438,277
103,350
97,000
1,164,610
665,535
320,495
1,834,101
1,217,180
63,858
97,105
720,468
111,626
14,954
121,095
144,268
8,745

554,750.00
95,000.00
46,850.00
872,935.00
793,100.00
426,000.00
234,600. 00
30,000. 00
205,850. 00
209,826. 00
88,375.00
69,100.00
18,750. 00
50,500.00
97,500.00
17,500.00
369,145.00
289,550.00
125,000.00
245,334. C
O
65,485.00
250,250. 00
8,250.00
48,100. 00
26,250.00
171,150.00
122,500.00
42,500. 00
15,000. 00
17,500.00
144,750.00
44,000.00
29,780. 00
87,500. 00
141,250. 00
24,000. 00
60,000. 00
206,850. 00
666,200.00
67,500.00
75,000. 00
50,950. 00
25,000. 00

$27,549,679.20
4,029,268.67
2,549,415.19
32,049,868.43
19,042,024.33
6,766,922. 77
2,347,482.10
140,006.28
2,161,525.05
2,606,693.33
1,370,757.47
819,539.25
287,686. 73
1,565,072.13
968,841.52
225,360.73
7,467,710.62
7,016,089. 82
2,383,798.09
3,394,759.57
3,642,869.93
5,010,433.47
735,166.99
1,682,187.24
288,698. 99
6,289,120.77
4,072,588.86
1,108,781.72
287,389.08
1.71,478. 51
8,214,931.72
1,844,753.86
748,560.89
4,228,044.49
5,443,950. 06
909,518. 45
1,088,079. 06
3,790,899.00
6,672,936.16
1,779,510.24
3,121,870.00
1,772,037.26
777,144. 32

387,453,040. 72

179,638,616.99

40,207,824

7,229,430.00

188,923, 452. 35

415,999,323. 34

26.84

780,450,412. 82

521,841,750.60 130,835,685 11,552,007. 00

188,923,452.35

853,152,894.95

27.33

489,099
414,674
341,129
2,956,165
572,334
1,365,654

287,379.75
247,099.50
229,125.00
1,019,305.00
204, 425.00
625,267.50

Not exceeding 60
per cent.
2,829,439.57
1,445,241.80
1,268,134.11
10,081,553.25
1,982,461.32
4,828,408.23

5,563,491.99
3,215,163.34
2,638,733.67
20,166,477.69
3,811,340.07
10,331,579.84

16.68
18.16
16.90
16.97
16.29
17.87

6,139,055

2,612,601. 75

22,435,238.28

45,726,786. 60

17.15

1
r

3

392,997,372.10

55,654,108. 40
8,153,537.34
5,145,680.37
64,972,671.85
38,877,148.66
13,959,845.55
4,929,564.19
310,012.56
4,528,900.10
5,423,212. 67
2,829,889.95
1,810,438.39
594,123. 45
3,180,644.26
2,035,183.03
656,832.81
15,304,566.24
14,321,729.64
4,892,596.17
7,034,853.14
7,351,224.86
10,271,116.94
1,478,583.98
3,412, 474. 47
603,647.98
12,749,391. 54
8,267,677.72
2,260,063. 45
589,778.17
1,360,457.02
16,574,613. 44
3,733,507. 72
1,543,546.02
8,543,588.99
11,029,150.12
1,843,036.90
2,236,158.12
8,686, 491. 20
14,012,072.33
4,797,867.80
6,318,740.00
3,595,024.53
1,579,288.65

5,003,112.37
2,655,835.83
2,342,681.85
17,821,893.75
3,508,527.20
8,672,614. 55
40,004,665.55

1,957,573.67
1,108,148.04
800,345.56
6,109,454. 44
1,052,119. 75
3,512,250.11
14,539,891.57

62280—CUR 1908



57,702,242.50
7,875,571.21
5,576,629.80
66,674,484.92 .
40,581,882.03
14,069,067.17
5,430,667. 85
325,196.78
4,854,284.40
5,377,532.90
3,364,122.77
1,857,325.95
868,531.38
3,995,689.13
2,722,959.12
824,155.58
15,984,666.62
15,436,445. 77
5,346,383.54
8,612,809.25
8,168,984.43
10,504,507.07
1,149,680.99
3,095,244. 84
618,030.19
12,895,146.77
8,138,332. 53
2,396,524. 87
667,034.83
1,334,409.10
15,822,074.07
3,741,885.06
1,625,774.04
8,680,637. 49
13,776,178.81
2,057,425.19
2.749,779. 41
11i134,162.70
19,838,508.11
6,926,802.44
7,385,741. 40
3,971,167.11
1,840,642.32

25.92
24.15
27.09
25.65
26.10
25.20
27.54
26.22
26.80
24.79
29,72
25.65
36.55
31.41
33.45
31.37
26.12
26-95
27.32
30.61
27.78
25.57
19.44
22.68
25. 60
25.29
24. 61
26. 51
28.28
24.52
23.86
25.06
26.33
25.40
31.23
27.91
30.74
32.04
35.40
36.09
29.22
27. C2
29.14

4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46

47
48
49
50
51
52

210

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 54,—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AT DATE

SEPTEMBER 23, 1908.—Continued.
Cash on hand, due from
reserve agents, and in
the redemption fund.
Deposits.

City, State, and Territory.

Amount.

Per
cent.

i

STATES, ETC.—continued.
3
4
7
8

q
0
1
o
4
ft
7
>8
0
r
O
1

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total, Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama .
Mississippi
Louisiana
Texas
.
Arkansas
Kentucky
Tennessee

-

$254,560,727.69
143,458,721.96
341,224,368.13
9,338,046.35
28,760,810. 63
1,052,628.98

Indiana
Illinois
Michigan
Wisconsin
n Minnesota
rs Iowa
r9 Missouri
Total, Middle Western States
30

R4
^
S6
t?7
88

North Dakota
South Dakota
Nebraska
Kansas
Montana . . .
Wyoming
Colorado
New Mexico
Oklahoma

,

Total, Wrestern States
Washington
Oregon
n California
Idaho
.
Utah
94 Nevada
95 Ari zona
.
96 Alaska o
Total, Pacific States
89

97
98

19. 59
24.69
18. 56
18.34
23. 80
20.14
28.22
23.12
24.18
32.29
23. 88
25. 71
23. 60

92,976,017.21

24.73

161,023,413.34
94,165,009.15
162,620, 471. 54
72,246,302.63
70,070,442.26
63,579,211.57
97,029,168.81
25,412,881.88

40,166,503. 70
28,590, 478. 63
44, 440,850.31
16,951,366.57
17,375,249.12
14,809, 448 51
25,268,680. 44
8,887,579. 47

24.94
30.36
27.33
23. 46
24.80
23.29
26.04
34.97

196,490,156. 75

26.33

9,601,126.62
7,401,682.86
14,858,360.13
21,286,614.52
11,152,473.74
2,879,138.38
13,810,936. 36
2,933,231.23
11,991,206.62

35.95
30.99
29.78
38.30
38.84
27.86
40.25
28.88
32.70

95,914,770. 46

34.72

22,240,401. 69
19,577,074.85
59, 490, 485. 67
11,843,286. 35
5,760,237. 39
4, 402,950. 74
4,954,005. 83
654,222. 85

7,868,285.56
7,017,126.36
17,418,809.76
3,745,371.74
1,713,653.71
1,277,750.64
1,487,218.94
178,573.74

35.38
35.84
29.28
31.62
29.75
29.02
30.02
27.30

128,922,665.37

40,706,790. 45

31. 57

1,140,761.49
254,897. 54

....

11,710,197.36
8,502,928.27
3,682,017. 50
2,158. 464.25
6,778,126.14
3,469,994. 85
6,488,094.33
2,067,023.87
2,702,891.96
24,773,295.02
2,568,400.09
8,106,027.29
9,968,556.28

276,253,674.90

-

59,763,338. 39
34,436,179.52
19,842,550.85
11,772,099.18
28,481,889.34
17 232,267,29
22,992,777.70
8,941,123.62
11,180,195.48
76,727,583.36
10 756 352. 33
31,528,784.00
42,240,264.18

26,707,504.68
23,886,668. 78
49,888,023.22
55 587,248.71
28,710,518. 40
10,333,843. 86
34,316,209. 79
10,155,741.01
36,667,916.45

14
15

23.38

746,146,901.18

Total, Southern States

r> Ohio
*

182,004,403.52

375; 895, 405.24

-

23.69
26.06
22.22
25.83
19.75
40.21

778,395,303.74

-

$60,295,404.57
37,385,139. 26
75,807,819.64
2,411,855.63
5,680,890. 27
423,294.15

363,701.91
57,813.11

31.88
22.68

Hawaii«
Porto Rico „
Total, island possessions

1,395,659.03

421,515.02

30.20

Total, States, etc

2,573,707,379.78

675,345,630.57

26.24

Total United States

5,695,509,031.06

1,611,111,542.12

28.29




a Statement July 15,1908.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

211

OF EACH REPORT DURING YEAR ENDED SEPTEMBER 23, 1908—Continued.
SEPTEMBER 23, 1808—Continued.
Reserve required, a n d t h e a m o u n t a n d per cent held.
Held.
Available with

Required.

Specie.

Legal

tenders.

Redemption
fund.

not exceeding
50 per cent of re- Total amount. Per
serve required
cent.
after deducting
redemption
fund.

$38 184,109.15
518,808. 29
51 183,655.22
1 400,706. 95
4 314,121. 60
157,894. 35

$13 ,410 ,543.47
6,802 722. 99
19 589 , 893. 40
576,350.90
1 453 926.09
115 , 535. 00

116 759,295.56

41 948,971.85

8 964,500. 76
5 165,426. 93
976,382. 63
1 765,814. 88
4 272,283. 40
2 584.840. 09
3, 448,916. 66
1 341,168.54
1 677,029. 32
11 509,137. 50
1 613,452.85
4 729,317. 60
6 336,039. 63

2 875,649.85
2 161 046.83
1 044 273. 31
577 757. 05
1 585 078. 44
1 008 227. 26
1 973 487. 52
603 210. 05
715 561. 40
6,402 805.18
843 855. 25
2 002 498. 96
2 702 788. 24

56 384,310. 79

24 496,239. 34

?A 153,512. 00
14 124, 751. 37
24 393,070. 73
10 836,945. 39
10, 510,566. 34
9,536,881.74
14 554,375,32
3, 811,932.28

8 726
6 704
10 233
4 088
4, 229
3, 781
5 501
1, 548,

659. 42
337. 81
799. 82
383. 51
383.15
027.13
124. 67
564. 90

$5 925,238 $1,488,423. 20
3 335 285
661,203.00
7 631 334 2,454,527. 50
225 657
74,199. 00
621 932
191, 762.50
20 684
12,500.00
17 760,130

$22,017,411.57
12,514,563.18
29,237,476.63
795,904.77
2,473,415. 46
87,236.61

$42 841 616.24
23 313 774.17
58 ,913 ,231.53
1 672 111.67
4 741 036. 05
235 955. 61
131 717 725.27

4,882,615.20

67,126,008.22

240
528
627
538
399
875
361
228
231
893
420
061
968

462,980. 20
344,145. 00
259,214. 00
136,012. 50
351,229.98
159,950. 00
326, 706. 60
131,775.00
124,937. 50
843,666. 50
93,050. 00
446,312. 00
390,971. 50

5,100,912. 34
2,892,769.16
1,630,301.18
977.881. 43
2,352,632.05
1,454,934. 06
1,873,326. 03
725,636.13
931,255.09
6,399,282. 60
912,241. 71
2,569,803. 36
3,567,040. 88

11 608 369

1 785
698
612,
392
1 444
500
797
315
170
2 544
302
624
1 413

982
263
453
679
067
844
1 855
738,

3
2
3
1
1

10,224
6,096
3 546,
2 084
5 733
3 123
4 970
\ 775
1 947
16 190
2 151
5 642
8 074

782. 39
488.99
415. 49
188. 98
339. 47
986. 32
881.15
849.18
984. 99
647.28
566. 96
675. 32
768. 62

4,070,950. 78

31,388,016. 02

71 563 575.14

281
238
569
026
645
005
401
794

1,222, 636. 50
744,106. 50
1,056,960. 70
378,690. 00
371,091.50
368,937. 00
655,285.93
242, 557. 25

13,758, 525. 30
8,028,386. 92
14,001,666.02
6,274,953. 24
6,083, 684. 90
5,500,766.84
8,339,453. 63
2,141, 625. 02

27
17
28
12
11
10
16
4,

16.83 5,r
16.25 Mf
17.27 5,
17.91 5f
16.48 5"
22.42 51
16.92
17.11 5C
17.70 6f
17.87 61
17.70 6?
20.13 6r
18.13 64
21.62 6*
19.86 6f
17.42 67
21.10 6?
20.00 6q
17.90 7C
19.12 71
19.04
17.20
18.84
17.68
17.19
16.77
16.51
16.85
18.38
17.40

70
73
74
75
76
77
78
79

80
81
8?
83
84
85
86
87
88

50, 177, 710.80

16.32
17.19
16.47
18.01
19.54
17.41
19.93
19.06
19.91
18.16

4, 315,
4, 238,
11, 693,
2, 251,
1, 044,
881,
1, 013,
178,

19.40
21.65
19.66
19.01
18,13
20.03
20.46
27.30

89
90
91
92
93
94
95
96

690
740
745
421
751
494

102. 22
069.23
995. 54
052. 75
804. 55
735.97
351 265.23
671 541.17

111 922,035.17

44, 813, 280. 41

15, 883 959

5,040,265. 38

64,129,061. 87

129, 866 566. 66

4 006,125. 70
3 583,000. 32
7 483,203. 48
8 338,087.31
4, 306,577. 76
1, 550,076. 58
5, 147,431. 47
1, 523,361.15
5, 500,187. 47

1, 328, 200.52
1, 524,842. 93
2, 837, 955. 45
3, 689, 020. 59
2, 212, 600. 30
711, 059.18
3, 134, 044. 07
766, 946. 01
3, 000, 424.61

581 896
391 644
758. 739
1, 153, 841
766,916
133, 952
540,759
223, 951
853, 290

115,347.11
101,707.00
323,415. 50
411,760.00
114,267. 50
59,677. 50
190,767. 00
76, 494. 50
368,559.87

2,334,467.16
2,088, 775. 99
4,295,872. 79
4,755,796. 38
2,515,386.16
894.239. 45
2,973,998. 68
868,119. 99
3,078,976. 56

4 359 910. 79
4 106, 969. 92
8, 215, 982. 74
10, 010, 417.97
5,609, 169. 96
1, 798,928.13
6,839, 568.75
1, 935, 511. 50
7, 301, 251. 04

41, 438,051.24

19, 205, 093.66

5, 404, 988

1,761,995.98

23,805,633.16

3, 336,060. 25
2, 936,561. 23
8, 923,572. 85
1, 776,492. 95
864,035. 61
660,442. 61
743,100. 88
98,133. 43

2, 166,
2, 375,
6, 005,
1, 026,
495,
449,
468,
137,

518. 80
264.10
458. 45
336. 69
482. 95
705. 60
252. 72
538. 50

111, 142
69, 173
164, 092
136, 855
15, 240
6, 029
87, 031
2, 487

90,505. 00
80,917.00
423,627. 50
56,687. 50
38,412. 50
74,333. 50
31,450. 00
3,125.00

1,947,333.15
1,713,386. 54
5,099,967. 21
1,031,883.27
495,373. 87
351,665.47
426,990. 52
35,423. 24

19, 338,399. 81

13, 124,

557. 81

592, 049

799,058. 00

11,102,023. 27

25,617," 688. 08

19.87

193, 747.90
22, 022. 00

280
14, 000

14,287.50
5,000.00

94,096.03
16,791.11

302, 411. 43
57, 813.11

14, 280

19,287.50

110,887.14

26.51
22.68
25.81

57, 402, 830 19,186,774.59

220,096,867.96

171,114. 22
38,234,63
209,348.85

215, 769.90

386, 056,106. 97

158,343,804. 54

1,166,506,519.79

680,185,555.14 188, 238, 515 30,738,781. 59




498. 95
740. 64
145.16
762. 46
509. 32
733. 57
724.24
573. 74

360, 224.54
455, 030, 277.09 |

17.68

409,020,320.31 1,308,183,172.04 I

22.97

97
98

212

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 55.—DEPOSITS HELD BY NATIONAL BANKS, AMOUNT AND RATIO OF LAWFUL
MONEY RESERVE REQUIRED;
ALSO AMOUNT, RATIO, AND CLASSIFICATION OF
RESERVE ACTUALLY HELD ON NOVEMBER 12, 1906, JANUARY 26, 1907, MARCH 22,
1907, MAY 20, 1907, AUGUST 22, 1907, AND SEPTEMBER 23, 1908.

Reserve required.

Location of banks.

Reserve held.

Classification of reserve
held.

ReNumdempber of DeposDue
Lawful from
its.
tion
banks
Ra- Amount. Ra- Amount. money
reserve fund
tio.
tio.
in bank. agents.a with

Treasurer.

November 12,1906.

Millions
61 1,128.9
293 1,372.5
5,845 2,468.5

Central reserve cities
Other reserve cities
Not reserve cities
Total.

6,199

P.ct. Millions. P.ct. Millions. Millions Millions Millions
25.3
24.3
16.8

285.8
333.8
414.0

281.8
167.4
185.3

160.3
212.2

3.9
6.1
16.6

20.8

1,033.6

634.5

372.5

26.5

305.5
352.6
378.2

26.7
25.6
16.6

326.8
364.6
418.4

322.8
187.8
184.8

170.5
216.9

3.9
6.3
16.7

1,036.3

21.5

1,109.8

695.4

387.4

26.9

295.0
351.3
383.3

25.3
24.3
16.7

298.0
341.6
426.7

294.2
172.1
189.9

163.3
219.9

3.8
6.3
16.8

1,029.6

20.7

1,066.3

656.2

383.2

26.9

310.4
356.3
383.7

26.5
24.9
16.6

328.9
354.3
425.6

325.1
177.8
188.6

170.1
220.0

3.8
6.3
16.9

1,050.4

21.2

1,108.8

691.5

390.1

27.0

301.4
355.8
394.1

26.2
25.5
16.9

315.5
362.3
443.5

311.7
190.3
199.6

165.7
226.7

3.8
6.3
17.2

1,051.3

21.3

1,121.3

701.6

392.4

27.3

393.0 27.8
387.5 26.8
386.0 17.6

437.1
415.9
455.1

432.8
219.8
215.8

188.9
220.1

4.3
7.2
19.2

1,166.5 22.9

4,969.9

282.2
343.1
370.3
995.6

25
25
15

1,308.1

868.4

409.0

30.7

January 26, 1907.

Central reserve cities
Other reserve cities
Not reserve cities

61 1,222.2
301 1,410.3
5,926 2,521.6

Total

6,288

25
25
15

5,154.1

March 22, 1907,

Central reserve cities
Other reserve cities
Not reserve cities
Total

.

59 1,179.9
299 1,405.4
5,986 2,555.6
6,344

.

25
25
15

5,140.9

May 20, 1907.

Central reserve cities
Other reserve cities
Not reserve cities

61 1,241.6
304 If425.4
6,064 2,558.1

Total

6,429

25
25
15

5,225.1

August 22, 1907.

Central reserve cities
Other reserve cities
Not reserve cities .

60 1,205.5
306 1,423.4
6,178 2,627.2

Total

25
25
15

6,544 5,256.1

September 2S, 1908.
Central reserve cities
Other reserve cities
Not reserve cities
Total

59 1,572.0
312 1,549.8
6,482 2-, 573. 7
6,853

25
25
15

5,695.5
i

oAvailable with reserve agents Apr. 30, 1902, and subsequently.




214

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No.

56.—LAWFUL MONEY RESERVE OF THE NATIONAL BANKS AS

RESERVE CITIES.

Number of
banks.

Date.

Reserve

required.

$2,101,158,956
1,983,633,536
2,095,982,288
2,057,200,800
2,040,786,125
2,054,047,673
1,947,440,796
2,147,235,830
2,526,677,379
2,329,495,464
2,496,468,492
2,460,560,371
2,427,866,341
2,567,082,631
2,563,255,520
2,618,066,252
2,455,761,386
2,527,281,341
2,485,883,275
2,528,857,826
2,542,791,748
2,501,439,793
2,632,546,617
2,585,293,816
2,667,020,038
2,628,920,443
2,421,019,577
2,575,998,232
2,822,840,198
2,959,366,648
3,121,801,651

25 per cent.
$525,289,739
495,908,384
523,995,572
514,300,200
510,196,531
513,511,918
486,860,199
536,808,957
556,669,345
582,373,866
624,117,123
615,140,093
606,966,585
641,770,658
640,813,880
654,516,563
613,940,346
631,820,335
621,470,819
632,214,457
635,697,937
625,359,948
658,136,654
646,323,454
666,755,009
657,230,111
605,254,894
643,999,558
705,510,049
739,841,662
780,450,412

4, 268 $1,743,206,583
4, 331
1,721,583,596
4, 425
1,755,411,917
4, 494
1,766,240,785
4, 586
1,776,248,906
4, 691
1,809,464,439
4, 770
1,811,337,198
4, 826
1,834,634,086
4, 882
1,843,651,405
4 983
1,854,922,107
5, 065
1,904,467,117
!
5, 128
1,960,025,802
i 5: 182
1,989,011,370
5. 236
2,018,922,756
5 318
2,047,836,132
5 412
2,117,411,283
5. 487
2,211,564,039
I 5 566
2,256,567,953
5, 618
i
2,270,595,970
5,1
696
2,290,316,425
5,:7 1
8
2,385,073,704
5,:845
2,468,521,247
5,<
926
2,521,581,876
5,<986
2,555,601,906
6,1
064
2,558,102,358
6, 178
2,627,164,654
6,'260
2,485,664,480
6,;
330
2,461,947,527
6,'407
2,473,940,923
6,'455
2,505,247,410
6, 482
2,573,707,379

15 per cent.
$261,480,987
258,237,539
263,311,788
264,936,118
266,437,336
271,419,666
271,700,580
275,195,113
276,547,711
278,238,316
285,670,068
294,003,870
238,351,705
302,838,413
307,175,420
317,611,692
331,734,606
338,485,193
340,589,395
343,547,464
357,761,056
370,278,187
378,237,281
383,340,286
383,715,354
394,074,698
372,849,672
369,292,129
371,091,138
375,787,112
386,056,106

333
335
341
351
353
351
348
354
350
348
347
349
346
351
350
345
340
345
357
357
356
354
362
358
365
366
365
368
371
369
371

September 15,1902.
November 25,1902.
February 6,1903..
April 9,1903
June 9,1903
September 9,1903.
November 17,1903.
J a n u a r y 22,1904...
March 28,1904
June 9,1904
September 6,1904.
November 10,1904.
J a n u a r y 11,1905...
March 14,1905
May 29,1905
August 25,1905
November 9,1905..
J a n u a r y 29,1906...
April 6,1906
June 18,1906
September 4,1906.
November 12,1906.
J a n u a r y 26,1907...
March 22,1907
May 20,1907
August 22,1907....
December 3,1907..
February 14,1908.
May 14,1908.'
July 15,1908
September 23,1908

Net deposits.

STATES AND T E R R I T O R I E S .

September 15,1902
November 25,1902
February 6,1903
April 9,1903
June 9,1903
September 9,1903
November 17,1903
J a n u a r y 22,1904
March 28,1904
June 9,1904
September 6, 1904
November 10,1904
J a n u a r y 11,1905
March 14,1905
May 29,1905
August 25,1905
November 9,1905
J a n u a r y 29,1906
April 6,1906
June 18,1906
September 4,1906
November 12,1906
J a n u a r y 26,1907
M a r c h 22,1907
M a y 20,1907
A u g u s t 22,1907
D e c e m b e r 3,1907
February 14,1908
May 14,1908
July 15,1908
September 23,1908.




:

REPORT OF THE COMPTROLLER OF THE CURRENCY.
SHOWN BY THE REPORTS FROM SEPTEMBER 15, 1902, TO SEPTEMBER 23,

215
1908.

RESERVE CITIES.
Reserve held.

Classification of reserve held.

Amount.

Specie.

Legal
tenders.

United States j
Due
!
Redempcertificates of '• from reserve j tion fund with
deposit.
agents.a
j Treasurer.

$508,730, 486
516,720,765
558,310,715
517,209,013
529,431,598
532,409,542
493,562,432
590,934,503
602,229,924
634,751,747
659,249,895
633,834,034
653,201,510
643,354,630
647,827,713
666,715,789
605,681,749
659,482,087
612,660,176
649,241,681
621,720,218
619,546, 404
691,381,964
639,647,269
683,271,586
677.896,062
569; 292,704
720,811,965
812,554,174
818, J90,548
853,152,894

$274,022,981
294,741,511
318,112,357
289,243,935
287,966,133
295,092,666
276,215,748
348,138,920
362,664,157
381,619,032
401,781,655
376,706,295
377,980,433
376,543,381
370,492,317
384,140,023
341,756,159
373,884,023
338,620,006
367,768,891
342,318,373
356,269,105
394,512,756
369,248, 420
400,375,862
392,571,373
336,491,130
445,348,015
512,315,327
497,489,621
521,841,750

$99,300,674
96,673,177
106,998,139
98,253, 477
115,149,207
108,429,123
92,965,252
111,841,917
104,965,210
118,012,131
108,795,698
105,640,812
121,369,688
107,424,255
116,995,330
117,203,336
102,861,840
119,325,573
104,814,602
111, 746,304
106,152,893
93,021,911
116,175,747
97,011,457
102,594,727
109,479,405
78,273,447
110,294,626
123,588,565
135,563,292
130,835,685

$129,854,304
119,000,280
126,949,804
123,586,126
119,794,845
122,076,145
117,637,115
124,058,419
127,820,717
127,897,565
141,362,323
143,988,976
146,248,831
151,604,355
152,101,824
156,565,721
151,984,534
157,001,973
159,853,526
160,340,040
163,954,259
160,299,140
170, 478, 475
163,271,610
170,147,378
165,736,797
143,121,038
152,741,082
164,898,768
173,594,271
188.923, 452

$5,552,526
6,305,797
6,250,416
6,125, 475
6,521, 414
6,811,607
6,744,317
6,895,247
6,779,839
7,223,018
7,310,219
7,497,951
7,602,558
7,782,638
8,238,241
8,806,708
9,079,217
9,270,518
9,372,043
9,386,447
9,294,693
9,956,248
10,214,987
10,115,782
10,153,620
10,108, 488
11,407,088
12,428,241
11,751,5*3
11,543,364
11,552,007

STATES AND T E R R I T O R I E S .

$295,603,418
301,260,716
307,613,258
311,819,611
313,509,994
318,352, 643
318,942,379
325,039,994
320,720,506
330,773,359
327,813,623
341,455,384
354,862,811
344,358,089
351,667,221
360,566,323
382,612,214
384,255,622
387,638,631
384,189,131
398,447,829
414,031,739
418,439,730
426,684,926
425,564,000
443, 462,333
476,502,314
461,564,473
455,196,185
449,041,223
455,030,277

16.9
17.5
17.5
17.7
17.7
17.6
17.6
17.7
17.4
17.8
17.2
17.4
17.8
17.1
17.2
17.0
17.3
17.0
17.1
16.8
16.7
16.8
16.6
16.7
16.6
16.9
19.1
18.7
18.4
17.9
17.6

$92,213,139 $42, 456,944
96,540,150 45,636,932
99, 459, 789 46,027,434
99,837,586 48,879,836
100,-650,245 48, 443,622
102,463,502 48,320,736
102.074,678 49,360,100
105,052,633 49,592,682
101,753,113 48,133,104
107,045,113 51,717,042 !
102,967,281 47,911,896 I
107,481,527 52,302,156
113,868,597 56,752,835
106.705,679 50, 480,318
109,142,753 52,634,649
111,339,430 52,870,511
119,178,309 58,295,772
118,684,352 56,409,342
120,559,395 56,500,865
118,218,366 53,500,043
122,118,918 55,422,227
126,007,167 59,251,970
127,209,797 57,605,222
130,837,494 59,123,180
130,338,047 58,282,512
138,536,378 61,036,377
173,194,147 72,826,011
169,036,854 63,716,081
164,826,968 60,595,590
158,968,251 56,997,585
158.343,804 57,402,830

,686,183
$150,
us;,727,857
,715,504
,646,880
151.
,133,792
152!
,774,919
153!
,838, 653
155!
155!
,430,576
,541,028
158:
,340,667
158!
,846,569
159!
,463,518
163,
,837,076
168.
,494,040
no,
,919,402
173;
,882,964
175.
,169,513
181!
,710,535
190;
,962,490
193;
,609,880
194!
,674,258
196!
,182,733
204,
212!,897,276
,924,050
216;
,000,485
219,
220;,692,387
,399,396
226!
,627,340
213,
210 ,174,669
,106,934
211,
,
214, 096,867
220,
a Available with reserve agents April 30, 1902, and subsequently.




$10,247,152
10,355,777
10,410,530
10,455,309
11,282,335
11,793,486
11,668,948
11,964,103
12,293,261
12,670,538
13,087,877
13,208,182
13,404,302
13,678,051
13,970, 417
14,473,418
14,968,620
15,451,394
15,615,881
15,860,841
16,232,396
16,589,863
16,727,435
16,800,202
16,942,955
17,197,192
17,082,760
18,184,223
18,598,958
18,968,452
19,186,774

216

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 57.—ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS
FROM JULY 1, 1907,

Location.

Maine
New Hampshire..
Vermont
Massachusetts
Boston
Rhode Island
Connecticut
Total, New England
States
New York
New York C i t y . . .
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia
Pittsburg
Delaware
Maryland
Baltimore
District of Columbia..
Washington City.

Number of
banks.

New Orleans.
Texas
Dallas
Fort Worth..
Galveston
Houston
San Antonio..
Waco
Arkansas
Kentucky
Louisville
Tennessee
Total, Southern States,




Gross,
earnings.

Surplus.

78
56
50
180
22
22
79

$9,301,000.00
5,360,000.00
5,685,000.00
32,837,500.00
26,050,000.00
13,350,250. 00
20,205,050.00

$3,328,174.55
2,339,800.00
1,708,212.23
15,296,896.11
18,490,000.00
7,545,950. 00
9,594,800.00

$12,629,174.55 $1,198,856.8p
7,699,800.00
768,340.46
7,393,212.23
656,697.30
48,134,396 11 4,410,696.69
44,540,000.00 5,239,994. 05
20,896,200. 00 3,117,709.91
29,799,850.00 2,063,194.28

487

112,788,800.00

58,303,832.89

171,092,632.89 17,455,489.58

41,470, 100.00
114,540, 000.00
2,100, 000.00
1,302, 000.00
19,495, 000.00
61,174, 390.00
22,305, 000.00
29,100, 000.00
2,273, 985.00
700.00
18
12,740, 700.00
1
252, 000.00
11 i 5,150, 000.00

24,032, 355.97
95,435,,000.00
2,200; 000.00
1,750, 000.00
18,193, 675.00
55,481, 904.72
32,070, 000.00
28,855, 000.00
1,822, 150.00
3,304, 548. 04
7,107, 500.00
252, 000.00
3,620, 000.00

65,502, 455. 97 7,320,221.18
209,975, 000.00 23,560,436.23
4,30a 000.00
816,922.14
3,052^ 000.00
266,482.31
37,688, 675. 00 3/945,886.85
116,656, 294. 72 10,708,609.86
54,375, 000.00 5,608,097.13
57,955, 000.00 5,066,616.58
4,096; 135.00
321,706. 71
8,291, 248. 04
896,176. 61
19,848, 200. 00 1,685,501. 05
504, 000.00
41,731.30
8,770i 000. 00
750,537. 55

316,889,875.00

274,124,133. 73

591,014,008. 73 60,988,925.50

57
26
85
2
35
72
26
30
7
482
5
7
2
7
6
4
36
131
9
76

12,188, 500.00
7,676, 000.00
5,775, 000.00
3,485, 000.00
8,241, 500.00
750, 000.00
4,020, 000.00
8,050, 000.00
3,225 000.00
2,970, 000.00
6,025, 000.00
29,152, 800.00
2,400, 000.00
1,925, 000.00
425, 000.00
2,300, 000.00
2,100, 000.00
996, 500.00
3,665, 000.00
11,193, 400. 00
4,945, 000.00
9,060, 000.00

7,508, 426. 95
4,104, 248. 87
1,""" 500.00
1,040, 618.84
4,825, 589. 39
350, 000. 00
1,834, 000.00
3,067, 860. 68
1,389, 700. 00
1,742, 365. 83
3,205, 000.00
12,237, 216. 83
1,090, 000.00
1,425, 500.00
135, 000.00
1,425, 000.00
550, 000.00
365, 050.00
1,337, 650. 00
3,529, 634. 93
2,221, 000c 00
3,605, 415. 98

19,696, 926. 95 2,110,378. 59
11,780, 248. 87 1,153,057. 95
754, 050. 52
7,671,,500.00
4,525, 618. 84
586, 515. 91
13,067, 089. 39 1,373,385. 32
95, 527. 90
1,100, 000. 00
845, 309. 20
5,854, 000. 00
11,117, 860. 68 1,074, 983. 50
496, 891. 05
4,614, 700.00
501; 771. 32
4,712! 365.83
812, 242. 30
9,230, 000.00
41,390, 016. 83 4,523, 106.17
496, 260. 82
3,490, 000.00
3,350,. 500. 00 364, 582. 78
77. 944. 98
560,,000.00
364: 951. 70
3,725, 000. 00
281, 143. 24
2,650, 000. 00
151, 547. 33
l,36l! 550. 00
563, 749. 91
5,002, 650. 00
14,723, 034.93 1,325,431. 83
751,495.48
7,166, 000. 00
12,665 415.98 1,""" 950. 02

1,291

130,568,700. 00

58,885,778.30

189,454,478. 30 20,513,277. 82

358
40
3
3
167
665
26
30
24

Total, Eastern States.. 1,425
Virginia
West Virginia
North Carolina...
South Carolina...
Georgia
Savannah
Florida
Alabama
Mississippi
Louisiana

Capital and
surplus.

Capital stock.

EEPOET OF THE COMPTEOLLEE OF THE CUEEENCY.

217

OP NATIONAL BANKS IN THE UNITED STATES.
TO JANUARY 1, 1908.
Charged off.
Losses and
premiums.

Expenses and
taxes.

Ratios.
Net earn- Dividends
ings to
to capital Dividends
and
capital and
to capital.
surplus.
surplus.

Net earnings.

Dividends.

$413,623.69
387,170.88
288,235.82
. 1,778,398.75
2,301,883.40
1,570,230.64
944,995. 60

$346,305.00
215,900.00
211,111.00
1,165,593.05
947,500.00
1,136,547.19
663,807.25

Per cent.
3.28
5.03
3.90
3.69
5.17
7.51
3.17

Per cent.
2.74
2.80
2.86
2.42
2.13
5.44
2.23

Per cent.
3.72
4.03
3.71
3.55
3.64
8.51
3.29

1
2
3
4
5
6
7

$239,960.32
145,190.24
87,119.99
668,616.02
1,012,242. 73
508,837.10
317,535.70

$545,272.88
235,979.34
281,341.49
1,963,681.92
1,925,867.92
1,038,642.17
800,662. 98

2,979,502.10

6, 791,448.70

7,684,538. 78

4,686, 763. 49

4.49

2.74

4.16

1,159,204.94
7,901,711.58
102,322.23
35,162.19
523,515. 79
1, 316,342.86
796,656.14
186,229. 96
40,088.08
124,612.56
381,282.55
6,009.44
49,952.17

3,595,891.10
8,923,561. 61
512, 750.58
133,657.93
1,770,693.14
4,300,434. 77
2,758,465.50
2,703,407.39
125,860. 78
466,483.44
646,682.66
14,807.88
298,652. 92

2,565,125.14
6,735,163.04
201,849.33
97,662.19
1,651,677.92
5,091,832.23
2,052,975.49
2,176,979. 23
155 757.85
305,080. 61
657,535.84
20,913.98
401,932.46

1,795,090.50
6,314,315.80
148,062.25
83,640. 00
1,136,055.00
2,474,116.70
1,137, 700. 00
1,474,500.00
103.810 S3
190.2?5.50
544.071 00
10,080. 00
279,500. 00

26,251,349.70

22,114,485.31

15,691,167.58

2.74
3.01
3.44
2.74
3.01
2.12
2.09
2.54
2.53
2.29
2.74
2.00
3.19
2.65

4.33
5.51
7.05
6.42
5.83
4.04
5.10
5.07
4.57
3.81
4.27
4.00
5.43
4.95

8
g
10
11
12
13
14
15
16
17
18
19
20

12,623,090.49

3.92
3.21
4.69
3.20
4.38
4.37
3.78
3.76
3.80
3.68
3.31
4.15
4.-58
3.74

224,307.93
87,585.09
8,143. 60
150,478.49
55,254.02
12,116. 09
31,343. 66
129,993. 35
79,991.16
91,618.55
123,887.10
422,382. 58
14,087.45
24,450.14
14,596. 64
25,279.56
27,329.41
4,098. 26
37,174.17
233,000.59
104,474.69
160, 761. 62

1,016,964. 89
524,916. 28
385, 763. 26
326,891. 34
741,446.15
38, 766. 38
391,778. 62
567,111. 75
287,179. 36
232, Oil. 29
361,175. 73
2,138,134. 21
307,477. 09
181,380. 43
43,691.20
200,626.10
124,668. 09
76,905. 29
237,619. 52
631,592.95
398,461.25
817,223. 72

869,105. 77
540,556.58
360,143. 66
109,146. 08
576,685.15
44,645.43
422,186.92
377,878.40
129,720.53
178,141. 48
327,179.47
1,962,589.38
174,696.28
158, 752. 21
19,657.14
139,046. 04
129,145. 74
70,543. 78
288,956. 22
460,838. 29
248,559.54
830,964. 68

586,882.14
268,960.50
282, 700. 00
161,850. 00
369,495. 00
22,500. 00
202,225. 00
425,850. 00
167,350.00
155,150.00
218,500. 00
1,606,762.20
147,500.00
77,000. 00
16,500.00
74,000.00
70,000. 00
105,000.00
212,300. 00
434,627. 00
164,800.00
350,500. 00

10,031,784.90

8,419,138. 77

6,120,451.84

2.98
2.28
3.69
3.58
2.83
2.05
3.45
3.83
3.63
3.29
2.37
3.88
4.23
2.30
2.95
1.99
2.64
7.71
4.24
2.95
2.30
2.77
3.23

4.82
3.50
4.90
4.64
4.48
3.00
5.03
5.29
5.19
5.22
3.63
5.51
6.15
4.00
3.88
3.22
3.33
10.54
5.79
3.88
3.33
3.87
4.69

21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

2,062,354.15

4.41
4.59
4.69
2.41
4.41
4.06
7.21
3.40
2.81
3.78
3.54
4.74
5.01
4.74
3.51
3.73
4.87
5.18
5. 78
3.13
3.47
6.56
4.44




218

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 57.—ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS
F R O M J U L Y 1, 1907,

Number of Capital stock.
banks.

Location.

44
45
46
47
48
49
50
51
59
.53
54
55
56
57
58
59

60
61
62
6?.
64
65

66
67
68
69
70
71
72
74
75
76
77
78
79
80

Capital and
surplus.

Gross,
earnings.

$32,179,100.00 $13,673,329.23 S45,852,429.23 $5,241,318.33
6,440,000.00
19,740,000.00 1,685,740.35
13,300,000.00
9,350,000.00
3,800,000.00
13,150,000.00 1,602,831.35
3,550,000.00
1,170,000.00
4,720,000.00
657,540.28
6,551,042.34
25,096,342.34 2,765,080.89
18,545,300.00
. ...
5,600,000.00
2,061,500.00
7,661,500.00
915,817.49
27,158,500.00
12,790,068.21
39,948,568.21 4,577,423.14
27,150,000.00
18,007,000.00
45,157,000. 00 6,640,085.11
9,347,500.00
4,069,425.00
13,416,925. 00 1,991,396.51
1,500,000.00
6,400,000.00
852,124.34
4,900,000.00
9,735,000.00
3,433,800.00
13,168,800. 00 1,787,735.27
5,750,000.00
2,560,000.00
8,310,000.00
991,697.29
3,771,664.62
14,312,664.62 2,323,127.53
10,541,000.00
5,700,000.00
4,752,083.00
10,452,083.00 1,503,648.26
2,540,000.00
6,640,000.00
883,411. 68
4,100,000. 00
5,504,865.93
22,334,865.93 2,840,162.97
16,830,000. 00
400,000.00
240,000.00
640,000.00
185,285. 65
1,177,000.00
360,000. 00
272,121. 49
4
817,000.00
3
130,000.00
730,000.00
600,000.00
58,998.72
1,997,090.82
7,652,090.82
5,655,000.00
899,583.76
96
3,200,000.00
6,500,000.00 1,031,702.72
6
3,300,000.00
430,000.00
1,330,000.00
238,243.11
900,000.00
3
11,437,000.00
30,537,000.00 3,672,011.06
8 19,100,000.00
Total, Middle Western 1,860 234,508, 400.00 110,418,869.15 344,927,269.15 43,617,087.30
States.
1,045,920. 00
5,390,920.00 1,243,953.26
119
4,345,000.00
North Dakota
82
South Dakota
3,160,000. 00
594, 405. 00
3,754, 405. 00
851,349.97
190
8,895,000.00
3,025,617.97
11,920,617.97 1,756,737.37
Nebraska
3
Lincoln
650,000.00
275,000.00
925,000. 00
218,694.75
1,000,000.00
3,800,000.00
5
2,800,000.00
855,372.16
Omaha .
194
373,589.12
2,728,589.12
2,355,000.00
391,980.68
Kansas
3
640,000.00
1,640,000. 00
1,000,000.00
338,351.17
Kansas City
4
331,000.00
831,000.00
500,000.00
100,767. 48
Wichita
3,530,000.00
1,505,750.00
5,035,750. 00 1,250,003.36
38
Montana
.
788,000.00
2,398,000. 00
29
1,610,000.00
Wyoming
507,817. 49
7,413,000. 00 1,264,978.61
Colorado
91
5,327,650.00
2,085,350.00
7
4,980,000.00
3,200,000.00
1,780,000.00
993,339.39
Denver
3
870,000. 00
500,000.00
370,000.00
158,164. 47
Pueblo
New Mexico
38
1,925,000.00
525,781.75
2,450,781.75
447,381.20
3,010,609.32
14,895,609.32 2,228,287.33
11,885,000.00
Oklahoma
297
69,033,673.16 12,607,178. 69
Total, Western States . 1,103 51,682,6,50.00
17,351,023.16

Ohio
Cincinnati
Cleveland
Columbus
Indiana
Indianapolis
Illinois
Chicago
Michigan
Detroit
Wisconsin ..
Milwaukee
Minnesota
Minneapolis
St. Paul
Iowa
Cedar Rapids
Des Moines
Dubuque
Missouri
Kansas Citv
St. Joseph
St. Louis

83
84
85
86
87
88
89
90
91
92
93

Washington .
Seattle
Oregon
Portland
California
Los Angeles
San Francisco
Idaho
.
Utah
Salt Lake City
Nevada
Arizona
Alaska

94
95

Hawaii . . .
Porto Rico

81

Surplus.

. ...

330
11
7
9
218
7
382
13
88
5
120
6
238
6
6
291
3

37
4
50
3
109
10
9
34
14
4
8
12
2

4,700,000.00
1,950,000.00
2,541,000.00
1,250,000.00
3,325,000. 00
5,650,000.00
13,800,000.00
1,775,000.00
930,000.00
1,200,000. 00
1,607,000.00
655,000.00
100,000.00

2,590,250.00
1,400,000. 00
957,125.00
1,500,000.00
527,394. 55
2,271,200.00
7,480,000.00
940,000.00
313,700.00
761,300.00
401,500.00
418,500.00
72,500.00

7,290,250.00
3,350,000. 00
3,498,125. 00
2,750,000.00
3,852,394. 55
7,921,200.00
21,280,000.00
2,715,000. 00
1,243,700.00
1,961,300.00
2,008,500. 00
1,073,500.00
172,500.00

296

39,483,000.00

19,633,469.55

59,116,469.55

1,454,134.26
968,508 85
590,919.96
479,534.89
434,876. 21
1,102,256.46
1,740,568.92
505,838.04
236,485.73
390,204.76
255,709.14
233,555.97
77,855.48
8,470, 448. 67

4
1

610,000.00
100,000.00

131,316.84
10,000.00

741,316.84
110,000.00

69,443.15
9,611.53

5

710,000.00

141,316.84

851,316.84

79,054.68

Total United S t a t e s . . . 6,467

886,631,425.00

....

. . .

Total, Pacific States...
.

Total, island possessions.




538,858,423.62 1,425,489,848.62 163,731,462.24

REPORT OF THE COMPTROLLER OF THE CURRENCY.

219

OP NATIONAL BANKS IN THE UNITED STATES—Continued.
TO JANUARY 1, 1908—Continued.

Ratios.

Charged off.

Net earn- Dividends
ings to to capital Dividends
and
capital and
to capital.
surplus.
surplus.

Expenses and
taxes.

Net earnings.

Dividends.

54,580.54
211,446.91
42,245.50
348,943.98

12,557,673.52
654,356.57
855,039.63
348,434.63
1,317,665.12
482,028.78
1,963,358.36
3,046,672.13
1,113,412.03
471,371.86
894,132.59
426.268.46
1,037,588.14
669,610.46
436,659.72
1,433,444.12
139,001.87
119,659. 49
24,576.72
476,179.23
468,404.55
174,528.04
1,678,400.85

$2,179,873.29
756,675.42
605,630.87
226,189.37
1,302,138.79
362,205.15
2,243,675.59
2,239,262.99
602,553.23
284,833.10
692,351.61
309,044.01
1,046,705.09
732,277.50
375,642.59
1,027,315.27
30,046.20
103,223.23
34, 422.00
308,823.99
351,851.26
21,469.57
1,644,666.23

$1,092,149.00
601,000.00
379,000.00
131,500.00
1,173,880.07
643,500.00
1,512,929.16
1,319,320.00
432,631.72
162,000.00
483,400.00
231,000.00
736,600.11
280,000.00
217,000.00
829,396.27
19,000.00
135,000.00
21,500.00
52,750.00
156,000.00
32,000.00
1,262,000.00

Per cent.
4.75
3.83
4.60
4.79
5.19
4.73
5.62
4.96
4.49
4.45
5.26
3.72
7.31
7.01
5.66
4.60
4.69
8.77
4.72
4.82
5.41
1.61
5.39

Per cent.
2.38
3.04
2.88
2.79
4.68
8.40
3.79
2.92
3.22
2.53
3.67
2.78
5.15
2.08
3.27
3.71
2.97
11.47
2.95
0.69
2.40
2.40
4.13

Per cent.
3.39
4.52
4.05
3.70
6.33
11.49
5.57
4.86
4.63
3.31
4.97
4.02
6.99
4.91
5.29
4.93
4.75
16.52
3.58
0.90
4.73
3.56
6.61

5,287,744.08

20,788,466.87

17,540,876.35

11,903,556.33

5.09

3.45

5.08

77,723.11
49,459.08
79,737.21
32,630.52
54,777.66
13,479.23
67,225.67
6,445.68
187,970.62
22,222.58
113,532.13
245,581.91
16,471.13
15,868.43
280,513.61

507,240.03
425,659.75
883,378.42
122,429.35
523,888.27
208,484.66
177,424.29
65,036.09
413,954.39
182,911.95
599,989.20
504,643.77
98, 676.77
220,223.54
1,086,651.20

658,990.12
376,231.14
793,621.74
63,634.88
276,706.23
170,016.79
93,701.21
29,285.71
648,078.35
302,682.96
551,457.28
243,113.71
43,016.57
211,289.23
861,122.52

401,028.88
201,575.00
590,548.31
25,500.00
91,000.00
103,584.04
65,000.00
15,000.00
282,750.00
77,725.00
291,375.00
195,000.00
33,000.00
115,500.00
652,969.61

12.22
10.02
6.66
6.88
7.28
6.23
5.71
3.52
12.87
12.62
7.44
4.88
4.94
8.62
5.78

7.44
5.37
4.95
2.76
2.39
3.80
3.96
1.81
5.61
3.24
3.93
3.92
3.79
4.71
4.38

9.23
6.38
6.64
3.92
3.25
4.40
6.50
3.00
8.01
4.83
5.47
6.09
6.60
6.00
5.49

1,263,638.57

6,020,591.68

5,322,948.44

3,141,555.84

7.71

4.55

187,449.80
127,733.27
108,793.47
103,394.29
15,430.92
92,257.28
205,095.84
27,904.99
101,980.88
36,362.93
46,386.74
12,143.62
2,366.32

576,061.50
249,937.60
210,135.75
197,740.91
231,970.50
520,869.10
659,696.12
219,956.10
103,364.51
178,641.13
137,510.04
114,213.08
36,758.87

690,622.96
590,837.98
271,990.74
178,399.69
187,474.79
489,130.08
875,776.96
257,976.95
31,140.34
175,200.70
71,812.36
107,199.27
38,730.29

572,239.69
335,500.00
78,700.00
90,000.00
96,500.00
303,000.00
490,000.00
112,375.00
68,471.43
62,000.00
54,920.00
43,000.00
12,800.00

9.47
17.64
7.78
6.49
4.87
6.17
4.12
9.50
2.50
8.93
3.58
9.99
22.45

7.85
10.01
2.25
3.27
2.50
3.83
2.30
4.14
5.51
3.16
2.73
4.01

1,067,300.35

3,436,855.21

3,966,293.11

2,319,506.12

6.71

3.92

5.87

9,260.00
332.00

25,518.48
3,431.45

34,664.67
5,848.08

17,150.00
3,000.00.

4.68
5.32

2.31
2.73

2.81
3.00

9,592.00

28,949.93

40,512.75

20,150.00

4.76

2.37

2.84

25,293,221.74

73,349,446.99

65,088,793.51

43,883,151.20

4.57

3.08

4.95 1

Losses and
premiums.

$503,771.52
274,708.36
142,160.85
82,916.28
145,276.98
71,583.56
370,389.19
1,354,149.99
275,431.25
95,919.38
201,251.07
256,384.82
238,834.30
101,760.30
71,109.37
379,403.58
16,237.58
49,238.77




7A2

4;
4
<
4,
4i
4'
4f
4<

5
ffi
K
5
5,
5(
5
«
5<
6(
6
65
6:
6
6

6(
6'
61
6<
7(
7
71
7<
7<
7,
71
T
i\

7<
8(

6.08
12.18 8
17.21 85
3.10 K
7.20 8'
2.90 8,
5.36 8f
3.55 8'
6.33 8?
7.36 8<
5.17 9(
3.42 9
6.56 ft
12.80 K
9'
9,

220

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 57.—ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS
FROM JANUARY 1, 1908,

Location.

Maine
New Hampshire.
Vermont
Massachusetts
Boston.
Rhode Island.
Connecticut...
Total, New England
States.
New York
New York City...
Albany
Brooklyn
New Jersey
Pennsylvania
Philadelphia
Pittsburg
Delaware
Maryland
Baltimore
District of Columbia..
Washington City.

Number of Capital stock.
banks.

$12,678,725.55 SI, 175,757. 45
717,134.29
7,818,125. 00
7,409,512.23
629,505.30
48,202,961.11 4, 440,584. 52
44,790,000. 00 5,291,165. 43
10,362,950. 00
806,963.98
29,886,150. 00 2,078,595.09

486 106,093,800.00

55,054,623.89

161,148,423. 89 15,139,706. 06

30.

372 42,030,100. 00 24,693, 492. 53 66, 723,592. 53 7,378, 141. 87
37 112,800,000.00 109, 730,010. 00 222,530,010. 00 28,587; 612. 59
721,070.11
4,300,000. 00
2,200. 000. 00
2,100,000.00
3
459, 924. 04
3,427,000. 00
1,825, 000.00
1,602,000.00
4
19,807,000.00 18,222, 900.00 38,029,900.00 4,095. 146. 65
171
290. 78 118, 783,680. 78 10,519! 207.90
685 62,249,390. 00 56,534,
36 22, 705,000.00 32,585, 000. 00 55,290,000. 00 5,613; 324.11
28 27,600,000. 00 26,240, 000.00 53,840,000.00 4,879, 793. 79
4,158, 485. 00 313, 305. 63
2,298,985.00
1,859, 500.00
25
851, 419. 83
8,386,151. 87
5,061, 700.00
3,324, 451. 87
83
18 12, 740,700. 00
7,020, 000. 00 19, 760, 700. 00 1,689,235.57
000. 00
39, 423. 05
504,000. 00
252. 000. 00
252,
825. 48
8,640,000. 00
3,690,000. 00
4,950,000. 00
316,196,875.00

103
91
59
26
88

81

12, 488, 500.00
7,856, 000. 00
5,950, 000. 00
4,085, 000.00
8,994, 100. 00
750, 000. 00
4,170, 000.00
8,247, 000. 00
3,250, 000. 00
2,970, 000. 00
5, 725, 000.00
29,658, 300. 00
2,400. 000.00
1,975, 000. 00
625, 000. 00
2,300, 000. 00
2,100, 000.00
1 000, 000. 00
3,850, 000. 00
11,266, 700. 00
4,945, 000. 00
9,520, 000.00

134,125,600.00

I

Ohio
Cincinnati
Cleveland
Columbus
Indiana
Indianapolis...
Illinois
Chicago
Michigan
Detroit
Wisconsin
Milwaukee
Minnesota
Minneapolis...
St. Paul
Iowa
Cedar Rapids.
Des Moines
Dubuque
62 Missouri.
63
Kansas City.




Gross
earnings.

$3,477,725.55
2,408,125.00
1,724,512.23
15,385,461.11
18, 740,000. 00
3,662,700.00
9,656,100. 00

Total, Eastern States.. 1,473
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Savannah
Florida
Alabama
Mississippi
Louisiana
New Orleans
Texas
Dallas
Fort Worth
Galveston
Houston
San Antonio
W aco
Arkansas
Kentucky
Louisville
Tennessee

Capital and
surplus.

$9,201,000.00
5,410,000.00
5,685,000. 00
32,817,500.00
26,050,000. 00
6, 700,250. 00
20,230,050. 00

77
57
50
178

Total, Southern States. \ 1,330

I

Surplus.

37
74
26
30
, (3
491
o
7
3

39
135

337
11
9
226
7
390
14
91
5
122
6
242
6
6
303
2
4
3
101

33,009. 100. 00
13,300; 000.00
9,350, 000.00
3,650, 000. 00
19,130, 000.00
5,600, 000. 00
28,003, 500. 00
27,650, 000.00
9,840,000.00
6,150,000.00
10,015, 000.00
5, 750,000. 00
10,666, 000.00
5, 700,000.00
4,100, 000.00
17,395, 000.00
300, 000.00
1,800, 000.00
600, 000. 00
5,955,000.00
4,300, 000.00

288,176,645.18
7,590, 511.91
4,282, 684. 01
1,919,950. 00
1,314, 418. 84
5,188, 458. 59
450, 000. 00
2,064,000. 00
3,156, 960. 96
1, 438,200. 00
1,846, 365.83
2,620, 000. 00
12,972, 342. 78
1,090, 000. 00
1, 455,000. 00
136, 000. 00
1, 430,000. 00
605, 000. 00
365, 500. 00
1,300, 900. 00
3, 701,462.13
2,277, 000. 00
3,869, 58S. 38

604,373,520.18 65,928, 430. 62
,011.91 2,167, 321. 04
20,079,
12,138, 684. 01 1,128, 418. 43
837, 111. 88
7,869,950. 00
801, 394.13
5,399, 418. 84
14,182, 558. 59 1,676,001. 88
1,200, 000. 00 100, 658. 64
,
816, 155. 56
6,234, 000. 00
11, 403,960. 96 1,350, 410. 65
4,688, 200. 00
595, 128.17
4,816, 365.83
598, 739. 46
8,345,000. 00
963, 678. 34
42,630, 642. 78 5,261, 005. 46
511, 551. 72
3, 490,000. 00
396,219. 62
3, 430,000. 00
91, 821. 01
761, 000. 00
3,730,, 000. 00 385, 214. 93
313, 035. 43
2, 705,000. 00
155, 733. 31
1,365, 500. 00
599, 561. 88
5,210, 900. 00
14,968, 162.13 1,377, 757.03
770, 088. 57
7 222, 000. 00
13j389^ 588. 38 1,651,342. 94

61,134,343.43 j 195,259,943.43 22,548,350.08
14,537, 767. 28
000.00
6, 440,
3,800, 000. 00
1,083,000. 00
6,651, 697. 48
2,065, 000. 00
13,300, 719. 39
17,558, 500. 00
4,236, 150. 00
2,250, 000.00
3, 715,055. 75
2,610, 000. 00
3,907, 684. 40
4,852, 083. 00
2,600, 000.00
5, 744,380. 92
300, 000.00
247, 500. 00
130, 000. 00
2,131 902. 93
2,403;759.95

47,546,867. 28
19, 740,000. 00
13,150, 000. 00
4,733, 000. 00
25, 781,697. 48
7,665, 000.00
41,304, 219. 39
45,208, 500. 00
14,076, 150. 00
8, 400,000. 00
13,730, 055. 75
8,360, 000.00
14,573, 684. 40
10,552, 083. 00
6,700, 000.00
23,139, 380. 92
600, 000.00
2,047, 500. 00
730, 000.00
902. 93
6,703, 759.95

5,245,455.67
1, 786,083. 23
1, 477, 786.14
521,947.06
2, 774,109. 82
869,377. 21
4,826,890. 01
6,815, 750. 44
1,996,250.31
849, 474. 48
1,821,159. 78
845,218. 93
1,935,336.07
1,096,046.66
764,123. 35
2,995,798.35
165,265.82
368,201. 21
60,079. 37
960, 786. 89
1,503,225.79

REPORT OF THE COMPTROLLER OF THE CURRENCY.

221

OF NATIONAL BANKS IN THE UNITED STATES—Continued.

TO JULY 1, 1908.
Charged off.

Ratios.
Net earn- Dividends
ings to to capital Dividends
and
capital and
to capital.
surplus.
surplus.

Expenses and
taxes.

Net earnings.

$151,686.74
180,621.97
64,321.63
785,961.51
1,022,359.61
146,526.54
309,581.06

$566,938.38
246,410.22
289,493.27
1,870,630.07
2,972,858.22
225,712.17
907,458.88

$457,132.33
290,102.10
275,690.40
1,783,992.94
1,295,947.60
434,725.27
861,555.15

$322,230.00
223,267.50
204,941.00
1,114,087.50
1,017,500.00
224,557.50
664,189.25

Per cent.
3.61
3.71
3.72
3,70
2.89
4.19
2.88

Per cent.
2.54
2.86
2.77
2.31
2.27
2.17
2. 22

Per cent.
3.50
4.13
3.60
3.39
3.91
3.35
3.28

2,661,059.06

7,079,501.21

5,399,145.79

3,770,772.75

3.35

2.34

3.55

1,028,061.84
2,877,567.10
53,747.93
805,857.93
643,572.22
2,171,431.39
543,371.70
1,847,048.96
40,579.35
142,695.88
320,115.75
7,951.99
44,808.11

3,673,383. 44
9,261,451.72
487,830.78
160,389.70
1,846,967. 57
4,826,850.31
2,943,646.54
2,573,354.01
124,247.17
465,371.71
870,765.89
16,289.62
314,783. 57

2,676,696. 59
16,448,593. 77
179,491. 40
1,604,606.86
3,520,926.20
2,126,305.87
459,390.82
148,479.11
243,352.24
498,353.93
15,181.44
421,233.80

1,810,564.50
16,911,241.60
155,836.00
83,640.00
1,127,605.00
2,544,071.30
1,153,700. 00
1,340,500.00
96,648.84
188,601.50
532,678.00
20,160.00
288,500.00

4.01
7.39
4.17
14,77
4.22
2.96
3.85
8.53
3.57
2.90
2.52
3.01
4.88

2.71
7.60
3.62
2.44
2.97
2.14
2.0S
2.49
2.32
2.25
2.70
4.00
3.34

4.31
14.99
7.42
5.22
5.70
4.09
5.08
4.86
4.20
3.73
4.18
8.00
5.83

10, 526,810.15

27,565,332. 03

27,836,288.44

26,253,746. 74

4.61

4.34

8.30

302,997.19
152,843.88
23,483.47
31,626. 20
115.776.36
9j 625. 78
29,497. 01
106,058.71
77,807. 62
66,369.79
167,374.96
403,355. 60
40,833. 34
16,560. 03
5,135. 47
36,003. 44
34,592.99
3,130. 92
27,115. 63
110,674.14
135,059. 64
174,788.04

1,067,448.63
492,720. 28
388,986.46
323,068.79
715,267.52
36,267.43
433,493. 64
559,078. 83
256,132. 24
227,590.43
386,653.42
2,082,488. 29
251,390.52
157,842. 98
49,766. 88
186,296. 41
135,353.14
71,339.59
283,022. 97
644, G24. 41
469,233.29
844,590. 41

796,875.22
482,854.27
424,641.95
446,699.14
844,958.00
54,765. 43
3£3,164. 91
685,273.11
261,188.31
304,779.24
409,649.96
2, 775,161. 57
219,327.86
221,816. 61
36,918. 66
162,915.08
143,089. 30
81,262. 80
289,423. 28
622, 458. 48
165,795. 64
631,964. 49

591,250.00
293,145.00
215,950.00
261,225.00
476,584.00
25,000. 00
155,800.00
312,500. 00
170,950. 00
111,650.00
195,000.00
1,210,667.04
147,500.00
97,500. 00
16,500.00
98,000. 00
70,000.00
10,000.00
131,945.95
466,087. 00
159,800.00
357,028.12

3.97
3.98
5.40
8.27
5.96
4.56
5.67
6.01
5.57
6.33
4.91
6.51
6.28
6.47
4.85
4.37
5.29
5.95
5.55
4.16
2.30
4.72

2.94
2.41
2.74
4.84
3.26
2.08
2.50
2.74
3.65
2.32
2.34
2.84
4.23
2.84
2.17
2.63
2.59
0.73
2.53
3.11
2.21
2.67

4.73
3.73
3.63
6.39
5.30
3.33
3.74
3.79
5.26
3.76
3.41
4.08
6.15
4.94
2.64
4.26
3.33
1.00
3.43
4.14
3.23
3.75

2,070,710.21

10,062,656.56

10,414,983.31

5,574,082.11

5.33

2.85

4.16

662,356. 08
314,940.31
90,213.64
31,307.44
233,231.62
25,153.45
441,300.93
935,301.56
195,420. 92
430,549. 98
203,706.25
106,654. 37
93,771.68
15,615. 48
168,512.82
239,235. 92
39,853.66
42,831.38
1,389. 02
77,533.60
2,119,842.78

2,825,803. 27
804,924. 62
804,694. 24
315,971.33
1,442,564. 88
501,709.21
2,395,151.22
3,240,741.09
1,089,422. 99
445,062. 72
888,445. 66
365,061. 05
1,225,826. 27
592,260.19
334,330.01
1,519,940.63
114,396.31
178,063.45
28,543.28
498,362.43
784,947.10

1,757,296.32
666,218. 30
582,878. 26
174,668.29
1,098,313.32
342,514.55
1,990,437.86
2,639,707.79
711,406. 40
26,138.22
729,007.87
373,503. 51
615,738.12
488,170. 99
261,280.52
1,236,621.80
11,015.85
147,306.38
30,147.07
384,890.86
1,401,564.09

1,663,175.25
621,000.00
379,000. 00
220,500. 00
832,337.59
143,500.00
1,193,388.10
1,349,000.00
472,550.00
136,666.66
504,750.00
181,000. 00
468,950. 00
425,000. 00
137,000.00
817,747.08
16,000.00
183,370.00
21,500.00
268.275.00
116,000.00

3.70
3.37
4.43
3.69
4.26
4.47
4.82
5.84
5.05
3.11
5.31
4.47
4.22
4.63
3.90
5.34
1.84
7.19
4.13
4.76

3.50
3.15
2.88
4.66
3.23
1.87
2.89
2.98
3.36
1.63
3.68
2.17
3.22
4.03
2.04
3.53
2.67
8.96
2.95
3.32

5.04
4.67
4.05
6.04
4.35
2.56
4.26
4.88
4.80
2.22
5.04
3.15
4.40
7.46
3.34
4.70
5.33
10.19
3.58
4.51
2.70

Losses and
premiums.




506,323.59

Dividends.

20.91

1.73

1
2
3
4
5
6
7

8
9
10
11
12
13
14
15
16
17
18
19
20

21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57

58
59
60
61
62
63

222

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 57.—ABSTRACT OF REPORTS OF EARNINGS AND DIVIDENDS
FROM J A N U A R Y 1, 1908

Number of
banks.

Location.

64
65

Missouri—Continued.
St Joseph
St. Louis
Total, Middle Western
States.

Capital stock.

4 $1,100,000.00
8 19,100,000.00
1,910 242, 463,600. 00

Surplus.

Capital and
surplus.

Gross
earnings.

$480,000.00
11, 440,000. 00

$1,580,000.00
30,540,000.00

$289,105. 40
3,336,901. 71

112, 485,201.10

354,948,801.10 43,304,373.70

125
84
194
3
5
194
3
3
3
39
30
98
7
3
40
305

4,510,000. 00
3,285,000. 00
9,245,000. 00
800,000. 00
2,800,000.00
10,227,500.00
1,000,000. 00
300,000. 00
400,000. 00
3,630,000. 00
1,610,000. 00
5,597,220. 00
3,200,000. 00
500, 000. 00
1,995,000.00
12,020,000. 00

1,106,025. 00
713, 485. 00
3,166,080. 00
195,000. 00
1,550,000.00
3,383, 308. 29
650,000. 00
61, 700. 00
325,000. 00
1,614,000.00
806, 500. 00
2,215, 800. 00
1,925,030.00
380,000. 00
593,206. 76
3,098,343. 73

Total, Western States.. 1,136

61,119,720.00

21, 783, 448. 78

82,903,168.78 13,712,910.89

*3
114
10
9
36
14
4
8
11
2

2,655, 000. 00
1,950,000.00
2,050, 000. 00
500,000. 00
2,851,000. 00
1,250,000.00
3,500,000. 00
5,650,000. 00
13,800,000. 00
1,825,000. 00
930,000. 00
1,200,000.00
1,607,000.00
665,000. 00
100, 000. 00

1, 434, 700. 00
1,200,000.00
770,000. 00
550,000. 00
1,048,019.20
1, 550, 000. 00
581, 595. 79
2,284, 500. 00
7,595, 200. 00
905,000. 00
319,500. 00
740,000. 00
445,500. 00
557,000. 00
75,000. 00

4,089, 700. 00
680,850. 03
3,150,000. 00
693, 604. 20
2,820,000. 00
655,250. 51
1,050,000. 00
155,169. 89
3,899,019. 20
491, 698. 53
503,606.53
2,800,000.00
457, 660. 67
4,081,595. 79
7,934, 500. 00 1,098, 807. 94
21,395,200. 00 1, 700,181. 26
437,814.23
2, 730,000. 00
227,847. 58
1,249,500. 00
296,067.91
1,940, 000. 00
294,031. 81
2,052,500.00
259,608. 59
1,212,000. 00
70,898. 90
175,000. 00

318

40,523,000. 00

60,579,014. 99

8,023,098.58

4
1

610,000. 00
100,000. 00

142,250. 84
10,000. 00

752,250. 84
110,000. 00

57,838. 31
8, 432. 43

5

710,000. 00

152,250.84

862,250. 84

66,270. 74

Total, United S t a t e s . . . 6,658

901,232,595.00

66
67

North Dakota
South Dakota
Nebraska
Lincoln
70
Omaha
71 Kansas
Kansas City
79
73
Topeka
Wichita
74
75 Montana
76 Wyoming
77 Colorado.
78
Denver
79
Pueblo
80 New Mexico
81 Oklahoma

68
69

.

. .

82
83
84
85
86
87
88

Washington
Seattle
Spokane
Tacoma
Oregon
Portland
California
89
I/OS <\ngeles
90
San Francisco
91 Idaho
92 Utah
93
Salt Lake City
94 Nevada
95 Arizona
96 Alaska
Total, Pacific S t a t e s . . .
97
98

Hawaii
Porto Rico
Total, island possessions.




j

20,056,014.99

5, 616, 025. 00
3,998, 485. 00
12, 411, 080. 00
995,000. 00
4,350,000. 00
13,610,808. 29
1,650,000. 00
361, 700. 00
725,000. 00
5,244,000.00
2, 416, 500. 00
7,813,020. 00
5,125,000. 00
880,000. 00
2,588,206. 76
15,118,343. 73

791,031.87
665,100. 57
1, 741,679. 61
200, 625.17
966,041. 79
1,900, 589. 26
308,100. 29
63, 604. 98
114,626 56
1,109, 988. 54
363,989. 57
1,232,465.26
896,062. 83
176,907. 63
445, 451. 71
2, 736,645.25

558,842,528. 21 1,460,075,123.21 168,723,140.67

REPORT OF THE COMPTROLLER OF THE CURRENCY.
OF NATIONAL B A N K S IN THE U N I T E D

223

STATES—Continued.

TO JULY 1, 1908—Continued.
Ratios.

Charged off.

Expenses and
taxes.

N e t earnings.

$7,255.16
315,727. 26

$194,342.69
1,667,823.16

$87,507.55
1,353.351.29

$40,000.00
1,399,000.00

6,791,705.31

22,258,387.80

14,254,280.59

11,589, 709. 68

107,458, 43
135,696. 43
119,302. 86
4,599.04
254,393. 89
273,000. 87
48,925. 42
89,327. 97
42,296. 86
198,625.51
34,372.55
97,744. 72
95,707.86
47,871.87
48,204.81
327,297. 29

515,179. 38
415,820. 65
831,344.18
105,072.36
502,983. 96
845,269. 56
168,082. 98
31,070. 22
49, 911. 03
332, 419.39
166, 738. 68
624,674. 45
463,207. 76
93,311.18
226,926. 68
1,222,571.36

168,394.06
113,583. 49
791,032. 57
90,953. 77
208,6G3.94
782,318.83
91.091.89
56,793,21
22, 418. 67
578,943. 64
162,878.34
510,046. 09
337,147.21
35, 724. 58
170,320. 22
1,186,776. 60

197, 450. 00
219,200.00
599,941. 73
121,000.00
109,500.00
645,947.00
65,000.00
9,000. 00
21,000.00
465,250.00
140,100.00
397, 450.00
176,000.00
33,000.00
121,260.00
771,030.10

1,924,826.38

6,594,583.82

5,193,500. 69

4,092,128.83

72,205. 64
161,772.51
168,221.50
2,316. 04
44,439. 00
73,660.84
33,410.35
142,523.51
334,873. 40
87,815. 26
38,574. 83
54, 421.16
33,673. 24
39,645.99
11,009.61

339,339. 49
302,830. 45
279,634. 85
70,995.55
238,369. 74
203,595. 59
251,563.73
521,945.24
607,841.38
226,001.52
84,033. 55
180,924. 98
152,713.81
113,482. 61
40,338. 38

269,304. 90
229,001. 24
207,394.16
81,858. 30
208,889. 79
226,350.10
172,686. 59
434,339.19
757,466. 48
123,997. 45
105,239.20
60, 721. 77
107,644. 76
106,479. 99
18,950. 91

235,250.00
125,500. 00
81,000. 00
49,000.00
131,550.00
95,000.00
87,000. 00
240,500. 00
510,000.00
314,375.00
114,196. 00
79,000.00
56,420.00
33,250.00
2,000. 00

1,299,162. 88

3,613,610. 87

3,110.324. 83

2,154,041. 00

770. 09

24,245.08
3,286. 21

32,823.14
5,146.22

18,650.00

770. 09

27,531. 29

37,909. 36

25, 275, 044. 08

77,201,003.58

66,246, 493. 01

Losses and
premiums.




Dividends.

Net earn- Dividends
ings to
to capital Dividends
capital and
and
to capital.
surplus.
surplus.
Per cent.
5.54
4.43
4.02

Per cent.
2.53
4.58
3.27

Per cent.
3.64
7.32
4.78

3.00
2.84
6.37
9.14
4.80
5.75
5.52
15.70
3.09
11.04
6.74
6.53
6.58
4.06
6.58
7.85
6.26

3.52
5.48
4.83
12.16
2.52
4.75
3.94
2.49
2.90
8.87
5.80
5.09
3.43
3.75
4.69
5.10
4.94

4.38
6.67
6.49
15.13
3.91
6.32
6.50
3.00
5.25
12.82
8.70
7.10
5. a)
6.60
6.08
6.41
6.70

6.58
7.27
7.35
7.80
5.36
8.08
4.23
5.47
3.54
4.54
8.42
3.13
5.24
8.79
10.83
5.13

5,75
3.98
2.87
4.67
3.37
3.39
2.13
3.03
2.38
11.52
9.14
4.07
2.75
2.74
1.14
3.56

8.86 82
6.44 83
3.95 84
9.80 85
4.61 86
7.60 87
2.49 88
4.26 r,9
3.70 90
17.23 91
12.28 92
6.58 93
3.51 94
5.08 95
2.00 96
5.32

2.48

3.06

18,650. 00

4.36
4.68
4.40

2.16

2.63

53,453,131.11

4.54

3.66

5.93

64
65

66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81

97
98

224

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 58.—RATIOS TO CAPITAL, AND TO CAPITAL AND SURPLUS, OF THE EARNINGS
TORY, FROM MARCH 1, 1904,
[Figures in bold-faced

Ratio of dividends to capital for 6 months ended—
State, reserve city,
and Territory.

0 a |l

|l if II

GQ

1
2
3

4
6
7
8
9
0

1
2
3
4
5
6
7
8
9
0

1
2
3
4
5
6
7
>8
0

n
12
13
14
15

w
>
7
*8
10
11
12
13
14
15
16
17
18
19

>
o
il
>2
>3
i4

>5
>6
>7
>8
)9
>0

n
>2
>3
>4
)5
16

>7
18

>9

r
o

P.ct. P.ct. P.ct.
Maine
i
. . . 3.5 3.6 3.6
3.6 3.8 3.8
New Hampshire
3.5 5 2 3.4
Vermont.
Massachusetts
3.1 3.1 3.1
3.0 3.0 3.1
Boston
2.8 2.9 2.8
Rhode Island
3.2 3.4 3.2
Connecticut
New York
4.1 4.2 4.9
10.2 5.8 5.2
New York City
7.2 5.3 6.9
Albany
6.7 6.7 6.7
Brooklyn
5.3 5.0 5.6
New Jersey
Pennsylvania
3.8 3.7 3.8
Philadelphia
4.4 4.4 4.4
Pittsburg
5.3 5.4 6.4
4.0 3.9 4.0
Delaware
Maryland
3.5 3.5 3.5
4.0 4.0 6.5
Baltimore
District of Columbia... 4.0 8.0 4.0
Washington
6.1 6.1 12.6
3.5 3.6 3.9
Virginia
4.6 3.5 3.5
West Virginia
4.2 5.5 5.0
North Carolina
3.9 4.4 4.1
South Carolina
q Q
3.7 4.0
Georgia
3.2 2.8 2.8
Savannah
3.9 4.8 4.4
Florida
9.5 3.9 4.1
Alabama ..
Mississippi
7.3 6.0 5.7
Louisiana
4.8 4.9 4.0
5.2 5.2 5=2
New Orleans
7.3 3.9 7.1
Texas
6.1 6.3 6.3
Dallas
Fort Worth
4.9 3.9 5.3
Galveston.
Houston
5.9 5.6 5.6
San Antonio
Waco
5.5 4.5 5.9
Arkansas
Kentucky
.
. . 4.2 3.7 4.0
Louisville
3 . 5 3.6 3.5
4.6 4.1 5.3
Tennessee..
. .
3.5 3.7 3.3
Ohio
4.3 4.3 4.6
Cincinnati
Cleveland.. .
3.0 3.8 3.7
Columbus
4.0 4.0 4.2
Indiana
4.9 4.1 4.6
6.9 2.5 6.1
Indianapolis..
5.2 5.9 6.0
Jllinois
Chicago...
8.8 4.7 5.0
Michigan
5.3 4.3 4.5
3.6 2.6 3.6
Detroit. .
Wisconsin
6.3 5.3 5.7
Milwaukee
4.3 3.8 3.8
Minnesota.
5.5 3.2 5.8
3.8 3.5 3.9
Minneapolis
St. Paul
4.3 3.7 10.8
Iowa.
5.0 4.6 4.6
Cedar Rapids
4.3 4.7 4.7
Des Moines . .
3.8 3.1 2.1
Dubuque
3.3 3.0 3.0
Missouri . .
4.8 4.5 5.1
Kansas City
5.4 5.1 5.2
St. Joseph. .
5.5 .9 1.8
St Louis
5.2 5.4 5.5
North Dakota
9.8 5.5 8.5
South Dakota..
8.0 5.6 5.7
Nebraska
6.1 5.9 5.5
Lincoln .
2.7 2.3 2.2
Omaha
3.4 3.1 3.0
a For 4 months.




P.ct.
3.6
3.9
6.4
2.9
3.1
2.8
3.2
5.6
5.2
5.0
7.3
4.9
4.2
4.4
5.8
3.9
3.5
6.4
8.0
5.1
4.1
3.4
4.4
3.8
3.5
2.8
4.4

P.ct.
3.5
4.0
3.5
3.1
3.3
2.9
3.4
4.2
6.3
6.8
7.7

5.5

5.6
4.4
12.5
4.1
3.6

4.7
4.7
3.9
7.1
4.1

3.8
4.0
5.8
4.6
3.9
4.4
4.2
4.0
2.8
4.6
4.6
5.5
5.9
36.6
7.4
7.3
4.1

4.0

4.3

tl

4.0
3.9
3.5

8.8
3.6
4.7
35
2.0
4.4
2.6
6.0
5.0
5.7
3.6
4.4

4.7
4.0
3.5

P.ct.
4.3
4.0
3.5
3.1
3.1
2.8
3.3
11.0
7.2
4.6
7.9
5.5
4.2
4.4
5.7
4.0
3.6
3.8
8.0
5.8
4.8
3.9
4.4
4.6
3.9
3.0
14.5
6.2
3.9
27.2
16.8
3.7
8.0
4.9
3.6
26.1

P.ct.
3.8
4.0
4.5
3.1
3.4
3.0
3.2
4.1
9.2
4.1
6.6
6.2
4.0
4.9
24.7
4.4
5.3
4.1
4.0
5.1
4.7
3.6
11.2
4.7
5.4
3.8
4.5
5.0
5.5
4.3
4.0
9.8
7.3
5.5
3.6

*

3.3

3,3

I 3 f§ gl

P.ct
3.6
4.1
3.6
3.3
3.6
3.1
3.3
4.1
8.7
6.0
6.7
5.6
4.2
5.1
4.9
4.1

P.ct.
3.7
4.0
3.7
3.5
3.6
8.5
4.3
5.5
7.0
6.4
5.8
4.0
5.1
5.1
4.5

P.ct.
3.5
4.1
3.6
3.4
3.9
3.6
3.3
4.3
15.0
7.4
5.2
5.7
4.1
5.1
4.9
4.2

4.7

3.8

3.7

4.3
12.0
15.7
5.4
3.9
4.6
4.2
39
3.0
8.2
3.5
7.1
2.6
3.4
7,6
18.3
4.8
3.9
5.7 4.0
3.1
1.3 13.0 1.3
3.9 5.6 3.9
3.9 3.9 3.9
3.3

5.0 9.8 4.2 4.0
5.4 3.4 3.5 4.0
4.3 4.3 4 1 4.5
4 1 4 0 5 3 4.0
3.5 3.5 3.4 3.7
4.6 4.5 4.4 5.0
6.9 2.7 6.7 2.8
6.8 4.8 5.2 5.0
4.9 4.9 4.9 4.6
5.9 4.7 5.1 5.1
3.1 3.8 3.9 3.9
5.0 4.9 5.4 4.0
2.0 2.9
3.3
4.7 7.0 3 9 7 5 4.6
3.5 3.5 3.5 3.8 3.8
2.8 3.6 2.7 4.2 3.5
5.1 5.4 5.3 5.2 5.0
8.0 5.0 4.6 4.8 5.0
2.9 1.8 2.9 3.6 4.3
3.0 3.3 3.0 3.3 3.3
5.5 4.5 4.4 4.3 4.5
4.8 5.4 7.9 16.2 6.4
1.8 1.8 2.2 3.6 3.1
5.2 6.5 6.5 6.5 6.5
5.0 15.3 4.4 11.1 5.1
8.0 4.9 4.4 5.4 6.5
5.6 6.1 5.5 5.7 6.0
2.8 2.5 9.5 33.0 2.6
3.0 3.2 3.2 3.3 3.3
Abstract period changed.

Ratio of dividends
to capital and surplus for 6 months
ended—

q q

4.3
4.0
5.4
4.8
3.5
4.9
4.6
4.5
3.0
5.0
5.3
5.2
5.2
3.6
5.5
6.1
4.0
3.9
3.2
3.3
10.5
5.8
3.9
3.3

P.ct.
2.7
2.8
2.8
2.3
2.0
2.1
2.2
2.8
5.9
3,4
2.7
3.1
2.2
2.1
2.5
2.5
23
2.6
2.5
3.5
2.3
3.3
3.1
3.1
2.7
2.4
2.8
7.5
5.2
3.2
2.0
5.6
3.0
3.3

P.ct.
2.9
2,9
4.2
2.2
2.0
2.1
2.4
2.8
3.3
2.5
2.1
2.1
2.5
2.9
2.3
2.2

|1 P
P.ct.
2.7
2.9
5.1
2.1
2.1
2.1
2.2
3.7
3.1
2.4
2.6
2.8
2.4
2.0
2.5
2.4

2.5

2.6
5.0
3.5
2.3
2.6
4.0
3.4
2.6
2.2
3.3
3.2
4.4
3.1
2.0
3.0
3.6
2.8

P.ct.
2.8
2.9
2.7
2.2
2.0
2.0
2.2
3.3
3.0
3.3
2.5
3.2
2.1
2.0
2.7
2.5
2.2
4.2
2.5
7.5
2.5
2.6
3.6
3.2
2.8
2.2
3.0
3.4
4.2
2.5
1.9
5.5
3.3
3.7

3.7

3.4

3.6

2.1

3.4 4.0
4.1 3.3

3.6
2.9

3.2

2.6

4.5
3.2
4.0
2.5
3.0
29
3.0
3.4
4.2
4.2
3.3
3.3
2.8
4.4
2.9
4.8
2.6
8.4
37
3.0
1.6
2.5
4.0
3.4
1.4
3.3
7.2
5.0
4.4
1.7
2.5

3.1
3.0

4.2
8.0
5.8
4.7
3.7
3.6
6.4
5.3
3.3
3,7
3.8
5.3
3.8
3.4
4.1
6.2
4.9
2.6
4.3
3.3
1.0

3-8
5.0
4.7
4 0
6.0
4.4
2.6
4.3
4.9
4.8
2.2
5.0
3.2
4.4
7.5
3.3
4.7
5.3
10.2
3.6
4.5
2.7
3.6
7.3
4.4
6.7
6.5
15.1
3.2 3.9

3.9
3.4
4.5
4.0
3.7
6.3
11.5
5.6
4.8
4.6
3.3
4,9
4.0
7.0
5.0
5.3
4.9
4.7
16.5
3.6
0.9
4.7
3.5
6.6
9.2
6.4
6.6
3.9

*

2.5

3.5
2.6
3.1
23
2.9
3.7
4.8
§.7
5.8
3.9
2.8
4.9
3.2
4.6
2.6
3.3
4.0
2.8
2.8
2.8
3.8
3.6
4.1
3.1
8.4
7.0
4.8
1.9
2.9

3.1
2.8
3.0
29
2.9
3.1
1.7
4.2
3.0
3.1
2.0
4.2
2.9
2.7
2.4
2.8
3.7
3.0
2.4
2.5
3.5
3.4
3.2
4.8
4.9
4.7
1.8
2.6

2.4

2.2

4.2
5.0
3.0
2.7
2.5
3.2
3.0
2.4
2.2
3.0
3.3
5.3
2.9
1.5
3.0
3.5
2.9

2.4

6.7
2.7
3.4
2.7
1.6
3.3
1.8
4.3
3.3
4.2
2.8
3.4
1.6
3.8
2.3
2.2
4.1
5.1
2.2
2.5
4.2
3.2
1.3
2.9
4.2
7.0
4.4
2.3
2.2

225

EEPOBT OF THE COMPTBOLLEB OF THE CUBBENCY.

AND DIVIDENDS OF NATIONAL B A N K S IN EACH STATE, R E S E R V E CITY, AND T E R R I TO J U L Y 1, 1908.
type indicate loss.]

JMar. 1
1906.

Ratio of dividends to capital and
surplusfor6 months ended—

P.ct.
2.7
3.0
2.8
2.2
2.2
2.1
2.4
2.7
3.6
3.2
2.7
3.1
3.1
2.0
5.2
2.5
2.2
2.5
2.5
3.4
3.0
2.9
3.2
3.3
2.7
2.2
3.1
3.6
4.1
3.7
21.6
5.7
4.7
2.8
2.4
3.6
3.2
2.4
3.9
4.0
3.1
2.9
2.7
3.5
4.7
4.8
3.2
4.2
2.4
3.9
1.5
5.7
2.7
2.2
4.3
3.2
1.3
2.8
3.5
3.5
1.3
3.8
13.1
4.3
4.8
1.6
2.6

Ratio of earnings to capital and surplus for 3 months ended—

a

Si

P.ct. P.ct. P.ct. P.ct. P.ct. P.ct.
3.3
2.7 2.5
2.8
2.6
1.8
2.9
2.9
2.8 2.9
2.9
3.5
2.8
2.8 2.8
3.2
3.5
2.8
2.2
2.2
2.3
2.4 2.3
2.2
2.0
2.1
2.1 2.3
2.0
3.7
2.0
3.2
2.1
5.4 2.2
2.0
2.2
2.2
2.2
2.2 2.2
3.2
7.3
4.2
2.6
2.6
2.7 2.7
3.9
3.0 7.6
4.6
4.5
9.0
2.3
2.0
3.4 3.6
2.9
4.3
2.8
2.7
2.7 2.4
2.7
2.7
3.0
3.3
3.0 3.0
2.9
4.5
2.3
2.1
2.2
2.1 2.1
4.9
2.1
1.9
2.1
2.1 2.1
4.0
2.6 11.8
2.5
2.5 2.5
3.3
2.3
2.3
2.5
2.5 2.3
4.5
2.2
3.2
2 . 3 2.3
3.2
2.9
2.5
2.7
2.7
2.7 2.7
1.7
5.0
6.0
2.5
2.0 4.0
6.8
3.4
9.3
3.2 3.3
3.0
4.9
3.0
3.3
3.6
3.0 2.9
3.6
2.7
2.5
2.6
2.3 2.4
5.8
3.1
3.4
7.7
5.4
3.7 2.7
3.1
3.6
3.6
3.6 4.8
2.8
3.4
2.6
2.4
2.8 3.3
5.0
2.1
2.0
2.5
2.0 2.1
3.0
3.1
3.5 2.5
8.1
10.3
5.7
4.8
6.2
3.7
3.8 2.7
2.6
2.8
3.7
3.6 3.6
5.8
5.0
2.8
3.3 2.3
5.2
18.6
1.6
2.4 2.3
5.7
11.5 2.7
2.2
2.8
6.9
3.9 2.8
5.8
5.4
4.2 4.2
4.8
4.6 11.7
3.9
3.0
3.3
7.0
2.3 2.8
2.8
3 0 3.0
2.9
2 9 2.2
2.4
8.1
17.6
3.6
2.0 2.6
2.5
2.6 2.6
.7
.9
7.7
.9
8 9
4.2 2.5
2.9
3.9
2.9
7.3
3.0
3.0
4.1
3.0. 2.9 3.1
2.3
2.3
2.3 2.2
2.3
3.3
7.8
3.1
2.9
5.3
2.8 2.7
2.8
2.4 3.5
2.5
2.5
4.5
3.1
3.0 3.1
2.9
3.1
3.9
2.9
3.5
2.9
2.9 2.9
2.5
2.7
2.7
2.8
2.8 4.7
4.9
3.4
3.6
5.2
3.3
4.7 3.2
5.2
1.9
8.4 1.9
4.6
1.8
3.3
3.5
3.4
3.8 2.9
5.9
3.1
2.9 3.0
5.3
3.1
2.9
3.2
3.2 3.4
5.3
3.5
3.5
4.1
3.0
2.9
2.9
2.5 1.6
3.2
3.8
4.0
3.7 3.7
6.1
2.2
2.3
2.8 2.2
5.7
2.0
3.4
5.1 3.2
8.2
3.0
5.7
2.2
2.2
2.2
2.7 4.0
5.8
2.0
2.3
2.7
3.3 2.0
6.8
5.0
3.8
3.7 3.5
4.0
4.2
3.1
6.0
3.0
3.0 2.7
3.0
2.9 11.5 9.0
2.5
1.2
2.2
2.7
2.9 2.9
2.7
2.5
3.5
3.4
3.2
3.4
.7 3.3
6.2
3.3
8.0
4.8
2.4 1.7
8.7
2.1
1.6 2.5
2.4 2.5
5.0
4.1
3.7
3.8
4.1 4.6
4.1
4.2
9.2
3.7
7.4 3.5 11.8
5.5
4.6
3.8
5.4 5.5
9.7
4.4
4.3
4.2
4.9 4.8
6.5
1.9
6.2 22.0
2.7 12.2
1.6
2.4
2.5
2.6
2.4 2.5
4.5
a For 4 months.

62280—CUR 1908



15

1-5

P.ct. P.ct. P.ct. P.ct. P.ct. P.ct.
3.7
3.9
4.4
3.7
3.7
4.2
5.4
3.6
4.9
4.0
5.0
5.1
5.3
5.0
4.6
3.4
3.5
3.9
2.7
3.7
3.9
2.7
2.4
3.2
2.8
4.5
4.9
3.2
2.5
3.4
2.3
3.7
4.6
3.0
2.3
3.2
3.1
3.4
3.6
2.8
2.4
3.6
5.3
4.5
4.5
4.8
4.0
4.4
4.0
7.3
4.5
6.1
4.6
5.7
1.3
3.1
3.8
4.2
2.1
4.6
7.2
4.4
6.3
4.2
5.5
5.1
4.2
4.4
5.3
4.9
4.9
5.5
4.7
4.6
4.8
4.5
5.1
4.5
4.8
4.5
3.8
3.3
3.7
3.6
4.4
4.3
3.8
4.5
4.1
4.7
4.6
4.0
4.1
4.3
4.5
4.5
3.8
3.5
3.3
3.6
3.9
3.2
3.4
3.7
3.1
3.8
1.4 3.4
3.2
5.3
6.2
4.3
4.7
5.8
4.2
5.2
5.4
4.5
5.2 11.3
5.3
4.9
2.5
4.9
4.9
4.3
4.8
4.9
4.5
3.8
4.9
4.1
5.5
5.5
5.6
5.9
5.4
5.7
8.0
.3
2.5
2.7
6.6
7.9
5.4
7.2
6.4
7.9
6.2
7.0
3.2
4.2
2.5
3.5
4.0
4.3
7.2
8.7
7.8
7.6
7.0
8.0
5.9
7.4
7.5
5.7
7.7
7.7
4.2
4.3
7.6
4.8
10.1
7.5
9.2
6.0
9.6
5.7
6.1
9.2
7.6
4.3
5.3
4.6
4.6
5.1
6.2
7.4
6.9
6.0
7.5
6.8
5.2
1.9
4.7
9.5 11.4
5.1
6.2
8.5
6.6
6.8
4.6
7.6
3.9
7.0
7.2
6.1
2.2
4.0
7.7
6.5
7.3
7.0
5.2
3.8
3.5
4.0
4.0
2.9
2.9
5.1
6.1
5.6
3.7
3.8
3.3
4.3
5.5
3.7
4.2
4.3
3.8
4.0
3.6
2.1
4.3
5.2
4.6
5.9
3.9
5.9
5.6
5.9
5.2
4.2
3.2
4.3
4.0
5.4
3.8
3.4
3.5
4.1
5.2
5.3
5.1
3.0
4.7 3.5
8.2
8.1
4.1
5.1
4.0
3.5
6.4
5.7
5.1
4.4
4.4
4.5
5.2
2.9
5.3
.2
1.1
3.7
2.4
3.3
2.1
5.1
5.8
6.0
7.1
6.2
2.4
8.8 14.1 32.5
4.9
5.3
3.9
1.0 4.4 17.3
8.6
9.7
5.0
5.8
6.2
5.3
5.7
5.4 11.1
5.9
5.7
5.8
Abstract period changed.
5.6
3.9
2.7
5.7
3.6
3.7
3.2
4.1
4.5
4.1
5.1
4.4
4.4
3.3
5.3
5.4
3.7
4.6
5.1
5.6
5.7
4.9
3.4
6.5
7.5
15.3
4.3
4.0
6.1
5.1
5.1
3.7

5.3
6.2
4.0
3.1
5.3
3.7
3.7
2.1
3.9
4.9
3.9
5.0
5.6
5.2
4.9
5.6
5.1
3.9
4.5
5.2
5.3
6.4
5.4
3.7
5.2
12.0
16.3
4.9
4.7
4.9
6.2
7.5
7.7

6.6
6.9
3.9
2.7
6.0
4.2
3.9
4.8
4.7
5.6
6.1
5.9
5.9
6.2
5.6
5.8
4.8
9.5
5.7
7.5
5.1
7.1
5.6
4.9
5.8
7.4
6.9
3.1
11.0
9.5
7.0
11.9
9.0

P.ct. P.ct. P.ct.
4.1
3.3
3.6 1
5.0
4.9
3.7 2
3.9
4.0
3.7 3
4.0
3.7
3.7 4
5.2
4.3
2.9 5
4.4
7.5
4.2 6
3.5
3.2
2.9 7
4.5
3.9
4.0 8
3.2
5.6
7.4 9
7.8
4.7
4.2 10
3.2 14.8 11
3.7
4.8
4.4
4.2 12
4.6
4.4
3.0 13
3.8 14
4.9
3.8
3.8
8.5 15
3.8
3.9
3.8
3.6 16
2.9 17
3.5
3.7
3.9
3.3
?, 5 18
4.1
3.0 19
2.6
4.6
4.9 20
10.3
4.4
4.0 21
4.5
4.7
4.0 22
4.6
4.6
4.7
5.4 23
2.4
8.3 24
9.6
7.5
4.4
6.0 25
4.1
4.6 26
4.7
7.2
5.7 27
8.6
7.3
3.4
6.0 28
7.2
5.6 29
2.8
7.5
3.8
6.3 30
6.5
3.5
4.9 31
8.7
4.7
6.5 32
8.8
5.0
6.3 33
8.4
6.5 34
4.7
7.1
3.5
4.9 35
4.4 36
8.4
3.7
5.3 37
4.9
6.0
5.2
5.9 38
7.8
5.6 39
5.8
4.6
4.0
3.1
4.2 40
3.5
2.3 41
3.5
5.8
6.5
4.7 42
3.9
4.7
3.7 43
4.0
3.4 44
3.8
4.3
4.6
4.4 45
5.3
4.8
3.7 46
5.3
5.2
4.3 47
5.2
4.7
4.5 48
5.2
5.6
4.8 49
6.7
4.9
5.8 50
5.3
5.1 51
4.5
6.2
4.4 3 . 1 52
5.5
5.3 53
5.2
4.5
4.5 54
3.7
4.2 55
5.0
7.3
5.3
4.6 56
7.0
5.4
3.9 57
5.6
5.3 58
6.1
4.6
8.8
1.8 59
4.7
7.6
7.2 60
8.7
5.3
4.1 61
4.7
4.8 62
5.8
4.8
7.3
5.4 20.9 63
6.7
5.5 64
1.6
4.4 65
4.8
5.4
3.0 66
2.9 12.2
6.4 10.0
2.8 67
6.4 68
7.1
6.7
9.0
9.1 69
6.9
7.1
4.8 70
7.3

226
No.

REPORT OF THE COMPTROLLER OF THE CURRENCY.
58.—RATIOS TO CAPITAL, AND TO CAPITAL AND SURPLUS, OP THE EARNINGS
TORY, FROM MARCH 1, 1904,
[Figures in bold-faced

Ratio of dividends to capital for 6 months ended—
State, reserve city,
and Territory.

Kansas.
Kansas City.
Topeka
Wicnita
Montana.
Wyoming
Colorado
Denver..
Pueblo...
New Mexico.
Oklahoma.
Indian Territory.
Washington
Seattle.
Spokane.
Tacoma..
Oregon.
Portland.
California.
Los Angeles
San Francisco
Idaho
Utah
Salt Lake City
Nevada
Arizona
Alaska
Hawaii
Porto Rico
Average




Ratio of dividends
to capital and surplus for 6 months
ended—

a

n li

P.ct. P.ct, P.ct. P.ct. P.ct, P.ct. P.ct. P. ct. P.ct
6.0 7.7 5.7 4.4 6.3 5.2 4.0 4.6 4.3
2.9 2.9 3.2 3.1
5.3 6.7 8.0 6.5

P.ct, P.ct. P.ct. P.ct,
6.2 4.8 5.5 5.1
3.6 3.6 4.0 5.3
4.4
11.3
6.7
5.4
8.5

4.6 7.6 4.8 5.2
8.7 14.2 13.5 22.7
11.5 6.6 10.8 4.9
6.2 5.5 8.2 8.8
5.2 5.2 7.3 4.4

4.9
11.4
4.5
9.0

4.4 10.2 6.8
6.6 8.3 9.4
5.3 6.4 6.1
18.6 13.2 11.5
6.2 5.7 5.9

6.6

3.0

5.3
12.8
8.7
7.1
5.5
6.6
6.1 4.1 3.5
6.4 10.2 6.1
3.8 4.0
6.7 ,4.9
12.2
17.2

10.3
7.1 il5.9 3.1
7.8
8.4 7.8 7.2
5.8
3.9 9.1 2.9
36.5 4. 9 I 9.1 4.9 5.3
2.1 3.5 4.0 3.5 3.5
6.6 7.0 i 8.7 5.6 6.3
7.9 5.2 !13. 5 10.7 7.4
3.9 6. 2 i 6.1 7.1 5.2
2.7 3.7 3.7 1.1 3.4
7.3 9.1 6. 5 9.6 6.5
9.5
17.0 9.5 12.8
3.1
2.9 ' 2.8 2.8
2.0
3.0
3.0
5.5

4.4

4.8

4.6

5.7

5.4

6.3

5.6

4.9

a For 4 months. Abstract period changed.

4.6
7.6
2.5
4.3
3.7
17.2
12.3
6.6
3.5
5.1
2.0
3.1
0.0
5.9

6.7
5.2
4.0
3.3
3.2
7.5
6.4
2.9
5.2
5.0
2.7
2.2

3.6

4.1
4.4
3.5
2.9
1.6
7.4
3.9
4.7
3.1
5.5
3.6
2.6

2.9 | 3.1

3.0

227

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

AND DIVIDENDS OF NATIONAL B A N K S IN EACH STATE, R E S E R V E CITY, AND T E R R I TO JULY 1, 1908—Continued.

type indicate loss.]

Mar 1,
1906.

Ratio of dividends to capital and
surplus for 6 months ended—

li

t-5

Ratio of earnings to capital and surplus for 6 months ended—

P0

f§

ii

!§

!§
I-J

|I

P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct. P.ct.
4.7
3.9
2.5
2.9
8.9
5.8
5.1
3.4
3.8
4.7
5.1

4.5
3.0

4.8
3.0

6.0
3.7

4.4
4.4

3.8
4.0

3.2
6.8
9.2
4.7
3,6

5.4
10.8
5.1
4.2
3.6

3.1
9.7
7.7
5.7
4.8

2.9
6.9
3.4
6.1

3.5
5.7
4.3
13.6
4.1

8.4
6.9
5.1
9.2
3.6

3.2
16.4
3.3
6.1
2.8
3.8
5.3
7.7
4.8
6.9
3.8

1.8
5.6
3.2
3.9
3.9
3.8
4.7
4.4

8.0
5.0
4.4
28.3
1.3
5.1
6.7
3.0
2.4
5.4
6,1
2.6
2.0

7.5
5.4
2.9
3.8
2.2
5.4
4.3
4.6
3.1
6.6
1.3
2.6

4.9
4.0
2.7
6.7
2.5
6.0
10.6
4.4
2.9
4.4
12.9
2.5
2.7

11.6
3.6
6.4
3.6
2.2
3.7
8.0
5.0
.9
6. 3
6.5
2.4

2.2
3.3
2.5
3.8
2.3
4.1
5.5
3.2
2.7
4.0
7.4
2.3
2.7

5.8
4.0
2.9
4.7
3.4
3.4
2.1
3.0
2.4
11.5
9.1
4.1
2.7
2.7
1.1
2.5
0.0

3.7

3.5

3.9

3.4

3.1

3.7

7.8
10.0




6.5
3.4

6.1
3.9

6.7
3.8

6.6
•3

6.1
5.9

5.3
5.8

7.5
9.3

7.5
8.5

6.3
5.7

8.7
10.7
12.9
9.5
6.8

6.4
4.3
7.2
4.8
1.2

6.6
11.3
10.7
9.4
5.7

2.6
1.8
7.5
6.0
5.3

7.4
12.3
12.3
7.3
7.0

8.2
9.6
8.6
4.8
6.9

7.3
16.8
13.3
9.3
9.8

8.1
8.9
6.2
5.8

5.0
5.8
7.6
10. 6

7.2
7.7
6.1
12.4

5.6
7.5
8.5
4.8

7.5
8.3
6.0
12.2

6.3
8.8
8.3
11.3
15.8

9.6
10.3
6.5
14.9
10.1

7.4
10.1
8.5
9.0
3.1
4.3
9.7
11.0
7.6
10.0
13.4

3.5
12.9
12.6
7.4
4.9
4.9
8.6
5.8

16.3

10.0
7.6
8.1
5.6
10.8
5.0
2.9
9.7
5.9
5.1
2.8
2.7

8.1
9.4
6.7
5.6
4.0
10.6
7.8
2.9
6.5
10.2
6.6
3.1
.2

10.8
9.0
6.4
6.6
4.3
10.3
8.9
6.2
7.3
8.4
6.8
4.8
3.4

9.1
12.8
6.3
6.3
3.4
11.3
7.3
4.7
4.8
8.7
6.0
3.7
1.3

9.5
5,7
6.5
10.1
4.4
8.1
8.9
5.1
6.2
6.2
6.8
3.3
4.8

6.8
7.8
5.9
8.5
4.0
7.4
7.5
2.4
5.8
10.9
3.5
3.3
1.2

8.3
9.1
7.8
6.3
4.4
11.6
10.4
9.3
8.1
9.8
25.3
3.7
3.6

7.4
9.7
6.6
7.9
4.9
9.9
9.7
8.8
4.0
11.6
15.1
3.8
.8

7.8
6.5
4.9
6.2
4.1
9.5
2.5
8.9
3.6
10.0
22.4
4.7
5.3

5.3

4.5

4.5

4.5

5.1

5.2

5.7

5.5

4.6

a For 4 months. Abstract period changed.

9.5
17.6

5.8
5.5
15 7
3.1
11.0
6.7
6.5
6.6
4.1
6.6
7.8

71
72
73
74
75
76
77
78
79
80
81
8?
6.6 83
7.3 84
7 4
7 8 86
5.4 87
8.1 88
4.2 89
5.5 90
3.5 91
4.5 92
8.4 93
3.1 94
5.2 95
8.8 96
10.8 97
4.4 98
4.7 99
4.5

228

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 59.—NUMBER OF NATIONAL BANKS, THEIR CAPITAL, SURPLUS, DIVIDENDS, N E T
EARNINGS, AND RATIOS, YEARLY, 1870 TO 1908.

1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
. .
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899.
1900
1901
1902.
1903
1904
1905
1906
1907« .
1908

Surplus.

1,526
1,602
1,721
1,882
1,961
1,989
2,061
2,080
2,073
2,045
2,045
2,079
2,118
2,232
2,420
2,616
2,686
2,819
2 993
3,120
3,244
3,477
3,041
3,730
3,764
3,735
3,698
3,659
3,589
3,572
3,571
3,765
4,131
4,451
4,914
5,336
5,685
6,017
6,563

$409,008,896
427,008,134
448,346,485
473,097,353
488,805,637
491,753,557
501,037,162
498,566,925
480,967,305
467,322,946
454,606,073
455,529,963
459,644,485
478,519,528
501,304,720
520,752,720
527,777,898
542,959,709
567,840,644
588,391,497
607,428,365
643,680,165
671,493,123
682,975,512
681,129,704
664,712,365
655,960,855
647,402,875
628,885,895
610,426,625
603,396,550
622,366,094
659,608,169
688,817,835
746,365,438
768,114,231
779,544,247
837,002,528
893,932,010

$84,112,029
93,151,510
98,858,917
109,719,015
120,791,853
129,962,338
134,295,621
131,561,621
123,361,407
117,715,634
116,187,926
121,313,718
129,265,141
135,570,518
143,416,518
148,246,298
150,218,207
160,398,339
175,325,850
188,462,245
200,837,659
215,649,940
230,389,748
241,738,151
247,732,601
245,606,255
248,203,540
249,236,838
248,113,173
244,324,378
250,543,068
257,948,290
285,623,449
324,462,477
372,551,716
402,330,890
414,799,562
501,774,453
548,850,476

586,345,749

213,914,153

Average, 39 years
Aggregate, 39 years...




Dividends. Net earnings.

$43,246,926
43,285,493
44,985,105
48,653,350
48,353,026
49,680,122
49,129,366
44,367,798
41,099,506
35,500,277
35,523,140
37,167,717
39,415,343
41,181,655
41,476,382
40,609,317
41,553,907
43,295,729
45,092,427
46,734,024
49,575,353
50,677,892
50,573,088
51,328,070
46,390,345
46,252,545
45,551,673
43,215,818
43,815,654
44,935,124
47,433,357
50,219,115
64,802,442
60,123,622
73,640,123
70,996,322
80,831,561
144,376,245
97,336,282

$58,218,118
54,057,047
54,817,850
62,499,369
62,666,120
59,172,818
51,898,138
40,133,194
32,220,724
28,337,553
38,025,984
48,485,271
56,254,141
52,670,569
55,568,978
45,969,221
49,551,961
59,611,513
65,409,368
67,869,081
69 756,914
76,952,998
69,980,730
68,386,632
52,422,069
45,560,309
48,566,794
48,612,927
45,568,032
49,315,441
69,981,810
87,674,175
99,103,168
102,743,721
116,475,135
105,196,154
113,662,529
219,195,804
131,335,287

51,857,060
68,305,837
2,022,425,241 2,663,927,646

a March 1,1906, to June 30,1907.

capital and
surplus.
Net earnings
to capital
and surplus.

Capital.

capital.

Number of
banks.

Dividends to

Year ended
March 1—

Dividends to

]Ratios

Pr. ci. Pr.ct. Pr. ct.
8.8
10.5
11.8
0.1
8.3
10.4
8.2
10.2
10.0
8.4
10.3
10.7
9.9
7.9
10.3
7.9
10.1
9.5
9.8
8.9
8.6
7.6
7.8
8.2
8.6

8.6
8.2
7.8
7.9
7.9
7.9
7.9
8.1
7.9

7.8
7.0
6.8
6.1
6.2
6.4
6.7

6.7
6.4
6.1
6.1
6.1
6.1
6.0
6.1
5.9

7.5
5.6
5.5
7.5
6.8
5.0
6.9
5.0
6.9
5.0
6.7
4.8
6.9
5.0
7.4
5.4
7.9
5.6
5.7
8.1
9.8
6.8
8.7
5.9
9.9
6.6
9.2
6.1
10.4
6.8
17.2 10.8
10.89 6.75
8.84

6.48

8.1

6.3

5.3
4.8
6.7
8.4
9.5

8.6
8.6
6.9
7.3
8.5
8.8
8.7
8.6
8.9

7.8
7.4
5.6
5.0
5.4
5.4
5.2
5.8
8.2
10.0
10.5
10.1
10.4
9.0
9.5
16.4
9.10
8.54

EEPORT OF THE COMPTROLLER OF THE CURRENCY.

229

No. 60.—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, 1908.
Circulation.
Name and location of bank.
First National Bank, Penn Yan, N. Y.a..
First National Bank, Norwich, Conn.a
Second National Bank, Ottumwa, Iowab.
Second National Bank, Canton, Ohio &...
First National Bank, Lansing, Mich, b
First National Bank, Columbia, Mo
Total

Date of
liquidation.
Apr. 6,1864
May 2,1864
do
Oct. 3,1864
Dec. 5,1864
Sept. 19,1864

Capital.
Issued.

Retired.

Outstanding.

30,1865
8,1865
26,1866
11,1866
22,1866

Nov.
Nov.
Mar.
Mar.
Mar,
Apr.
Apr.
Apr.
May
July
Sept.

25,1866
28,1866
1,1867
9,1867
11,1867
18,1867
19,1867
29,1867
28,1867
3,1867
26,1867

Total
Farmers' National Bank,Waukesha,Wis..
N. B. of Metropolis, Washington, D. C
First National Bank, Providence, Pa
National State Bank, Dubuque, Iowa
First N. B. of Newton, Newtonville, Mass.
First National Bank, New Ulm, Minn . . .
N. B. of Crawford County, Meadville, Pa..
KittanningN. B., Kittanning, Pa.e
City National Bank, Savannah, Ga.&
Ohio National Bank, Cincinnati, Ohio
First National Bank, Kingston, N. Y
Total
First National Bank, Bluffton, Ind
National Exchange Bank, Richmond,Va..
First National Bank, Skaneateles, N. Y..
First National Bank, Jackson, Miss
First National Bank, Downingtown, Pa...
First National Bank, Titiisville, Pa
Appleton National Bank, Appleton,Wis..
National Bank of Whitestown, N. Y
First N. B., New Brunswick, N. J
First N. B., Cuyahoga Falls, Ohio
First National Bank, Cedarburg, Wis
Commercial N. B., Cincinnati, Ohio
Second National Bank, Watertown, N. Y.
First N. B., South Worcester, N. Y
N. Mechanics & Farmers' B., Albany, N.Y
Second National Bank, Des Moines, Iowa.
First National Bank, Steubenville, Ohio..
First National Bank, Plumer, Pa
First National Bank, Danville, Va

Dec. 5,1867
do
Dec. 21,1867
Dec. 26,1867
Jan. 14,1868
Jan. 15,1868
Jan. 21,1868
Feb. 14,1868
Feb. 26,1868
Mar. 4,1868
Mar. 23,1868
Apr. 28,1868
July 21,1868
Aug. 4,1868
do
Aug. 5,1868
Aug. 8,1868
Aug. 25,1868
Sept. 30,1868

Total
First National Bank, Dorchester, Mass
First National Bank, Oskaloosa, Iowa
Merchants & Mechanics' N. B., Troy, N.Y.
National Savings Bank,Wheeling,W.Va..
First National Bank, Marion, Ohio
National Insurance Bank, Detroit, Mich..
National Bank of Lansingburg, N. Y
N. B. of North America, New York, N. Y.
First National Bank, Hallowell, Me
First National Bank, Clyde, N.Y
Pacific National Bank, New York, N. Y..
Grocers' National Bank, New York, N.Y..
Savannah National Bank, Savannah, Ga.
First National Bank, Frostburg, Md

Nov.
Dec.
Dec.
Jan.
Jan.
Feb.
Mar.
Apr.
Apr.
Apr.
May
June
June
July

23,1868
17,1868
31,1868
7,1869
12,1869
26,1869
6,1869
15,1869
19,1869
23,1869
10,1869
7,1869
22,1869
30,1869

125

30,000

25,500

25, 409

91

25,500

25,409

91

100, 000
100,000
400, 000
50, 000
100, 000

100,000

99,433

567

192, 500
45, 000
85,000

191,693
44, 440
83,395

807
560
1,605

422, 500

418,961

3,539

100,000
200,000
100, 000
150, 000
150, 000
60,000
300, 000
200, 000
100, 000
500,000
200,000

90,000
180,000
90, 000
127,000
130,000
54,000

89, 560
177,331
88, 890
123,902
128,932
53,345

440
2,669
1,110
3,098
1,068
655

450,000
180,000

444,620
178,112

5,380
1,888

1,301,000

1,284,692

16,308

50, 000
200,000
150,000
100,000
100,000
100,000
50, 000
120, 000
100,000
50,000
100,000
500,000
100,000
175, 500
350,000
50,000
150,000
100, 000
50,000

45,000
180, 000
135,000
45,500
90,000
86,750
45,000
45,500
90,000
45,000
90, 000
345,950
90,000
157,400
314,950
42, 500
135,000
87, 500
45,000

44,611
179, 560
133,948
45,375
89,111
85,967
44, 407
45, 278
88, 799
44, 492
89, 632
344,230
89, 250
155, 921
313, 535
42,162
133, 562
86, 432
44, 785

389
440
1,052
125
889
783
593
222
1,201
508
368
1,720
750
1,479
1,415
338
1,438
1,068
215

2,595, 500

Nov.
Dec.
Apr.
July
Oct.

$125

89,875

2,060,000

Total
Fourth National Bank, Indianapolis, Ind.
Berkshire National Bank, Adams, Mass.c.
National Union Bank, Rochester, N. Y...
First National Bank, Leonardsville, N. Y.
Farmers' National Bank, Richmond, Va..

$89,875

90,000

750,000

Mar. 15,1865
June. 9,1865
Sept. 16,1865

$90,000

230,000

First National Bank, Carondelet, Mo
First National Bank, Utica, N. Y.a
Pittston National Bank, Pittston, Pa

$100,000
100,000

. . . .

2,116,050

2,101,057

14,993

150,000
75, 000
300, 000
100,000
125,000
200,010
150, 000
1,000, 000
60, 000
50, 000
422, 700
390, 000
100, 000
50, 000

132, 500
67, 500
184, 750
90,000
109, 850
85, 000
135, 000
333, 000
53, 350
44, 000
134, 990
85,250
85,000
45,000

130,773
67, 012
183,301
89, 305
109, 069
84, 503
133, 878
331,155
52,972
43, 325
134,122
85,026
84, 585
44, 787

1,727
488
1,449
695
781
497
1,122
1,845
378
675
868
224
415
213

266,666'

New bank with same title.
& Never completed organization.
c Consolidated with another bank.




230

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

liquidation.

Aug. 30,1869
First National Bank, La Salle, 1 1
1
N. Bank of Commerce, Georgetown, D. C. Oct. 28,1869

Capital.

Issued.

Retired.

Outstanding.

$50,000
100,000

$45,000
90,000

$44,570
89,135

$430

3,322,710

1,720,190

1,707,518

12,672

150,000
50, 000
300,000
100, 000
100,000
500, 000
500, 000
150,000
100,000
100,000
200,000
100,000
100 000
50,000
300,000
100,000

135,000
42, 500
175,750
85,250
88,250
44,000
425,000
135,000
90,000
90,000
179,990
90,000

134,313
42,318
174,140
84,249
87, 433
43, 631
422,110
133,991
89, 533
89, 440
178,739
89,203

27,000
270,000
85,000

26,915
267,423
84,463

2,577

2,900,000

1,962,740

1,947,901

14,839

100,000
100,000
50,000
100,000
150,000
100,000
100,000
100,000
200,000

90,000
90,000
45,000
90,000
135,000
90,000
49,500
90,000
180,000

88,878
89,410
44,645
86,273
134,137
89,487
49,058
89,383
178,374

1,122

1,000,000

859,500

849,645

9,855

100,000
75,000
300,000
105,500
500,000
50,000
100,000
200,000
150,000
400,000
200,000
60,000
100,000

90,000
67,500
270,000
91,700
450,000
45,000
81,000
165,000
135,000
206,100
180,000
48,750
80,910

89,343
67,055
269,240
90,980
444,536
44,508
80,154
163,785
133,860
204,045
178,220
48,372
80,289

657
445
760
720

2,340,500

1,910,060

1,894,387

16,573

115,000
300,000
154,700
200,000
100,000
230,000
75,000
140,000
100,000
100,000
50,000
50,000
150,000
250,000
500,000
100,000
200,000
50,000
500,000

103,500
120,000
138,140
180,000
90,000
207,000
66,900
93,800
83,250
31,500
45,000
45,000
116,770
225,000
438,750
97,500
180,000
45,000
150,300

102,353
120,000
136,808
178,172
88,935
207,000
66,103
93,035
82 497
31,400
44,455
44,360
115,525
222,668
433,968
96,321
176,902
44,361
148,703

1,147

3,364,700

2,452,410

2,433,566

23,844

City National Bank, Green Bay, Wis
Nov. 29,1873
50,000
Jan. 1,1874
100,000
First National Bank, Shelbina, Mo
Jan. 8,1874
125,000
Second National Bank, Nashville, Tenn..
a New bank, with same title.

45,000
90,000
92,920

44 465
89,490
91,880

1,040

Total
Miners' N. B., Salt Lake City, Utah
First National Bank, Vinton, Iowa
National Exchange B., Philadelphia, Pa..
First National Bank, Decatur, 1 1
1
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' N. B., Milwaukee, Wis
First National Bank, St. Louis, Mo
Chemung Canal N. B., Elmira, N . Y
Central National Bank Omaha Nebr «
First National Bank, Clarksville, Va
First National Bank, Burlington, Vt
First National Bank, Lebanon, Ohio

Dec.
Dec.
Jan.
Jan.
Jan.
Jan.
Mar.
Apr.
June
June
July
Aug.
Sept.
Oct.
Oct.
Oct.

2,1869
13,1869
8,1870
10,1870
11,1870
25,1870
31,1870
9,1870
10,1870
14,1870
16,1870
3,1870
23 1870
13,1870
15,1870
24,1870

Total
N. Exchange Bank, Lansingburg, N. Y...
Muskingum N. Bank, Zanesville, Ohio...
United National Bank, Winona, Minn....
First National Bank, Des Moines, Iowa...
Saratoga County N. B., Waterford, N. Y..
State National Bank, St. Joseph, Mo
First National Bank, Fenton, Mich
First National Bank, Wellsburg, W. Va..
Clarke National Bank, Rochester, N. Y...

Dec.
Jan.
Feb.
Mar.
Mar.
Mar.
May
June
Aug.

27,1870
7,1871
15,1871
25,1871
28,1871
31,1871
2,1871
24,1871
11,1871

Total
Commercial N. B., Oshkosh, Wis
Fort Madison N. B., Fort Madison, Iowa.
National Bank of Maysville, Ky
Fourth National Bank, Syracuse, N. Y...
American N. B., New York, N. Y
Carroll County N. B., Sandwich, N. H . . .
Second National Bank, Portland, Me
Atlantic National Bank, Brooklyn,N. Y..
Mer. and Far.'s N. B., Quincy, 111
First National Bank, Rochester, N . Y
Lawrenceburg National Bank, Ind
Jewett City N. B., Jewett City, Conn
First National Bank, Knoxville, Tenn

Nov.
Dec.
Jan.
Jan.
May
May
June
July
Aug.
Aug.
Sept.
Oct.
Oct.

22,1871
26,1871
6,1872
9,1872
10,1872
24,1872
24,1872
15,1872
8,1872
9,1872
10,1872
4,1872
22,1872

Total
First National Bank, Goshen, Ind
Nov. 7,1872
Kidder N. Gold B., Boston, Mass
Nov. 8,1872
Second National Bank, Zanesville, Ohio.. Nov. 16,1872
Orange County N. B., Chelsea, Vt
Jan. 14,1873
Second National Bank, Syracuse, N. Y . . . Feb. 18,1873
Feb. 28,1873
Richmond N. B., Richmond, Ind.a
Mar. 7,1873
First National Bank, Adams, N. Y
Mar. 11,1873
Mechanics' N. B., Syracuse, N. Y
F. and M. National Bank, Rochester, N. Y Apr. 15,1873
Montana National Bank, Helena, Mont... . . . .do..
June 3,1873
First National Bank, Havana, N. Y
June 30,1873
Mer. and Far.'s N. B., Ithaca, N.Y
July 18,1873
National Bank of Cazenovia, N.Y
Aug. 30,1873
Merchants' N. B., Memphis, Tenn
Sept. 25,1873
Manufacturers' N. B., Chicago, 111
.....do..
Second National Bank, Chicago, 1 1
1
Sept. 30,1873
Merchants' N. B., Dubuque, Iowa
Oct. 2,1873
Beloit National Bank, Beloit, Wis
Oct. 22,1873
Union National Bank, St. Louis, Mo
Total




865

687
182

1,610
1,001

817
369

2,890
1,009
467
560

1,251

797
85

537

590
355

3,727
863
513
442
617

1,626

5,464
492
846

1,215
1,140
2,055
1,780
378
621

1,332
1,828
1,065
797
765
753
100
545
640

1,245
2,332
4,782
1,179
3,098
639

1,597

535
510

231

EEPOET OF THE COMPTEOLLER OF THE CURRENCY.

No. 60.—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.
First National Bank, Oneida, N. Y
Merchants' N. B., Hastings, Minn
National Bank of Tecumseh, Mich
Gallatin N. B., Shawneetown, 111
First National Bank, Brookville, Pa
Citizens' National Bank, Sioux City, Iowa.
Citizens' N. B., Charlottesville, Va
Farmers' National Bank, Warren, 111
First National Bank, Medina, Ohio
Croton River N. B., South East, N. Y
Mer. N. B. of W. Va., Wheeling, W. Va..
Central National Bank. Baltimore, Md
Second N. B., Leavenworth, Kans
Teutonia National Bank, New Orleans, La
City National Bank,Chattanooga,Tenn...
First National Bank, Cairo, 111

Date of
liquidation.
Jan. 13,1874
Feb. 7,1874
Mar. 3,1874
Mar. 7,1874
Mar. 26,1874
Apr. 14,1874
Apr. 27,1874
Apr. 28,1874
May 6,1874
May 25,1874
July 7,1874
July 15,1874
July 22,1874
Sept. 2,1874
Sept. 10,1874
Oct. 10,1874

Total
First National Bank, 0lathe, Kans
First National Bank, Beverly, Ohio
Union National Bank, La Fayette, Ind...
Ambler N. B., Jacksonville, Fla.a
Mechanics' National Bank, Chicago, 111...
First National Bank, Evansville, Wis
First N. B., Baxter Springs, Kans
People's National Bank, Pueblo, Colo
N. B. of Commerce, Green Bay, Wis
First National Bank, Miliersburg, Ohio...
First National Bank, Staunton, Va
National City Bank, Milwaukee, Wis
Irasburg N. B. of Orleans, Irasburg, Vt...
First National Bank, Pekin, 111
Merchants and Planters' National Bank,
Augusta, Ga
Monticello N. B., Monticello, Iowa
Iowa City N. B., Iowa City, Iowa
First National Bank, Wheeling, W. Va...
First N. B., Mount Clemens, Mich
First National Bank, Knob Noster, Mo...
First National Bank, Brodhead, Wis
Auburn City N. B., Auburn, N. Y
First National Bank, Eldorado, Kans
First N. B., Junction City, Kans
First National Bank, Chetopa, Kans
First National Bank, Golden, Colo
National Bank of Jefferson, Wis
Green Lane N. B., Green Lane, Pa
State National Bank, Topeka, Kans
Farmers' N. B., Marshall town, Iowa
Richland National Bank, Mansfield, Ohio.
Planters' National Bank, Louisville, Ky..
First National Bank, Gallatin, Tenn
First National Bank, Charlestown, W. Va.
People's National Bank, Winchester, 111..
First N. B., New Lexington, Ohio
First National Bank, Ishpeming, Mich
Fayette County N. B., Washington, Ohio.




Issued.

Retired.

Outstanding.

$125,000
100,000
50,000
250,000
100,000
50,000
100,000
50,000
75,000
200,000
500,000
200,000
100,000
300,000
170,000
100,000

$110,500
90,000
45,000
225,000
90,000
45,000
90,000
45,000
45,000
166,550
450,000
180,000
90,000
270,000
148,001
90,000

$109,177
88,708
44,390
223,404
88,970
44,870
89,504
44,520
44,783
163,842
445,752
179,175
88,279
268,710
147,409
88,853

$1,323
1,292
610
1,596
1,030
130
496
480
217
2,708
4,248
825
1,721
1,290
592
1,147

2,745,000

2,407,971

2,386,181 !

21.790

Nov. 9,1874
Nov. 10,1874
Dec. 4,1874
Dec. 7,1874
Dec. 30,1874
Jan. 9,1875
Jan. 12,1875
do
.do
do
Jan. 23,1875
Feb. 24,1875
Mar. 17,1875
Mar. 25,1875

50,000
102,000
250,000
42,500
250,000
55,000
50,000
50,000
100,000
100,000
100,000
100,000
75,000
100,000

45,000
90,000
224,000

44,710
88,793
220,596

290
1,207
3,404

125,900
45,000
36,000
27,000
90,000
60,400
90,000
60,000
07,500
90,000

124,370
44,616
35,695
26,835
89,400
59,134
89,247
59,320
60,753
88,911

1,530
384
305
165
600
1,266
753
680
747
1,089

Mar. 30,1875
do
Apr. 14,1875
Apr. 22,1875
Mav 20,1875
May 29,1875
June 24,1875
June 26,1875
June 30,1875
July 1,1875
July 19,1875
Aug. 25,1875
Aug. 26,1875
Sept. 9,1875
Sept. 15,1875
Sept. 18,1875
Sept. 25,1875
Sept. 30,1875
Oct. 1,1875
Oct. 2,1875
Oct. 4,1875
Oct. 12,1875
Oct. 20,1875
Oct. 26,1875

200,000
100,000
125,000
250,000
50,000
50,000
50,000
200,000
50,000
50,000
50,000
50,000
60,000
100,000
60,000
50,000
150,000
350,000
75,000
100.000
75,000
50,000
50,000
100,000

169,000
45,000
104,800
225,000
27,000
43,800
45,000
141,300
45, 000
45,000
36,000
27,000
54,000
90,000
30,600
27,000
130,300
315,000
45,000
90,000
67,500
45,000
45,000
81,280

167,870
44,879
103,349
222,665
26,930
43,508
44,622
139, 458
44,619
44,750
35,761
26,838
53,137
89,827
30,512
26,870
128, 468
312,325
44,675
89,347
66,977
44,730
44,752
80,853

1,130
121
1,451
2,335
70
292
378
1,842
381
250
239
162
863
173
88
130
1,832
2,675
325
653
523
270
248
427

3,869,500

3,025, 475

2,996,197

29,278

100,000
100,000
50,000
100,000
100,000
50,000
100,000
100,000
50,000
50,000
55,000
150,000
100,000
50,000
50,000
70,000

46,820
65,991
45,000
90,000
59,710
45,000
90,000
90,000
45,000
45,000
49,500
90,000
45,000
45,000
45,000
63,000

46,440
05.292
44,582
89,098
58,575
44,607
88,972
89,497
44,686
44,529
48,650
88,500
44,255
44,565
44,582
62,659

380
699
418
902
1,135
393
1,028
503
314
471
850
1,500
745
435
418
341

Total
Merchants' N. B., Fort Wayne, Ind
Kansas City N. B., Kansas City, Mo
First National Bank, Schoolcraft, Mich...
First National Bank, Curwensville, Pa...
National Marine Bank, St. Paul, Minn...
First National Bank, Rochester, Ind
First National Bank, Lodi, Ohio .
Iron National Bank, Portsmouth, Ohio...
First National Bank, Ashland, Nebr
First National Bank, Paxton, 111
First National Bank, Bloomfield, Iowa...
Marietta National Bank, Marietta, Ohio..
Salt Lake City N. B., Salt LakeCity, Utah.
First National Bank, La Grange, Mo
First National Bank, Atlantic, Iowa
First National Bank, Spencer, Ind.

Capital.

Nov.
Nov.
Nov.
Dec.
Dec.
Jan.

8,1875
13,1875
17,1875
17,1875
28,1875
11,1876

Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.

19,1876
26,1876
28,1876
5,1876
16,1876
21,1876
24,1876
7,1876
11,1876

do

a No circulation.

232

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

National Currency Bank, New York, N. Y.
Caverna National Bank, Caverna, Ky
City National Bank, Pittsburg, Pa
National State Bank, Des Moines, Iowa...
First National Bank, Trenton, Mo
First National Bank, Bristol, Tenn
First National Bank, Leon, Iowa
Anderson Co. N. B., Lawrenceburg, Ky..
First National Bank, Newport, Ind
First National Bank, De Pere, Wis
Second National Bank, Lawrence, Kans...
Commercial National Bank,Versailles,Ky.
State National Bank, Atlanta, Ga
Syracuse National Bank, Syracuse, N. Y.
First National Bank,Northumberland,Pa.

Mar. 23,1876
May 13,1876
May 25,1876
June 21,1876
June 22,1876
July 10,1876
July 11,1876
July 29,1876
Aug. 7,1876
Aug. 17,1876
Aug. 23,1876
Aug. 26,1876
Aug. 31,1876
Sept. 25,1876
Oct. 6,1876

Total
First National Bank, Lancaster, Mo
First National Bank,CouncU Grove, Kans
National Bank Commerce, Chicago, 111...
First National Bank, Palmyra, Mo
First National Bank, Newton, Iowa
National Southern Kentucky Bank,
Bowling Green, Ky
First National Bank, Monroe, Iowa
First National Bank, New London, Conn.
Winona Deposit N. B., Winona, Minn....
First N. B., South Charleston, Ohio
Lake Ontario N. B., 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.




Issued.

Retired.

Outstanding.

$100,000
50,000
200,000
100,000
50,000
50,000
60,000
100,000
60,000
50,000
100,000
170,000
200,000
200,000
100,000

$45,000
45,000
68,929
50,795
45,000
45,000
45,000
45,000
45,000
31,500
67,500
153,000
73,725
117,961
62,106

$44,250
44,830
68,588
49,715
44,646
44,753
44,335
44,825
44,766
31,351
66,995
151,918
73,305
115,388
60,743

$750
170
341
1,080
354
247
665
175
234
149
505
1,082
420
2,573
1,363

2,865,000

1,900,537

1,879,897

20, C>40

14,1876
28,1876
2,1876
12,1876
16,1876

50,000
50,000
250,000
100,000
50,000

27,000
26,500
71,465
46,140
45,000

26,902
26,205
70,G45
45,224
44,156

98
295
820
916
844

Dec. 23,1876
Jan. 1,1877
Jan. 9,1877
Jan. 28,1877
Feb. 24,1877
.. .do
Feb. 26,1877
Apr. 9,1877
Apr. 13,1877
Apr. 23,1877
Apr. 25,1877
May 31,1877
June 11,1877
June 30,1877
Aug. 1,1877
Aug. 24,1877
Aug. 28,1877
Oct. 19,1877
Oct. 27,1877

50,000
60,000
100,000
100,000
100,000
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

27,000
35,700
38,300
63,285
90,000
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

26,820
35,516
36,896
62,327
88,461
62,761
45,572
52,705
43,747
49,130
170,895
43,852
43,029
44,292
52,681
44,557
89,300
44,069
34,150

180
184
1,404
958
1,539
3,644
628
1,120
453
370
2,195
1,148
471
708
1,319
443
700
931
500

2,229,000

1,305,760

1,283,892

21,86$

50,000
50,000
500,000
50,000
100,000
200,000
100,000
200,000
50,000
100,000
50,000
50,000
50,000
100,000
50,000
100,000
50,000
200,000
200,000
• 50,000
100,000
60,000
200,000
80,000
50,000
50,000
50,000
50,000
100,000
50,000
100,000
100,000
100,000

45,000
45,000
441,000
44,350
90,000
52,167
82,500
53,055
45,000
89,000
45,000
32,400
45,000
64,750
27,000
33,-471
44,500
75,713
89,400
45,000
88,400
38,461
69,750
31,500
40,500
44,200
26,300
44,500
49,000
29,300
85,705
89,300
67,110

44,285
44,379
426,897
43,773
88,451
49,577
80,938
49,607
44,610
87,876
44,408
32,050
44,369
64,171
25,956
32,607
44,189
72,610
89,085
44,685
87,075
37,911
68,135
31,260
40,208
43,805
26,023
43,999
48,740
29,064
85,210
88,374

715
621
14,103
577
1,549
2,590
1,562
3,448
390
1,124
592
350
631
579
1,044
864
311
3,103
315
315
1,325
550
1,615
240
292
395
277
501
260
236
495
926
1,439

Nov.
Nov.
Dec.
Dec.
Dec.

Total
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, La Fayette, Ind..
State National Bank, Minneapolis, Minn..
Second National Bank, St. Louis, Mo
First National Bank, Sullivan, Ind.
Rockland County N. B., Nyack, N. Y..._
First National Bank, Wyandotte, Kans..
First National Bank, Boone, Iowa
First National Bank, Pleasant Hill, Mo...
National Bank of Gloversville, N. Y
First National Bank, Independence, Mo..
National State Bank, Lima, Ind
First National Bank, Tell City, Ind
First National Bank, Pomeroy, Ohio
Eleventh Ward N. B., Boston, Mass
First National Bank, Prophetstown, 111...
First National Bank, Jackson, Mich
First National Bank, Eau Claire, Wis...
First National Bank, Washington, Ohio..
First National Bank, Middleport, Ohio...
First National Bank, Streator, 111
First National Bank, Muir, Mich
Kane County N. B., St. Charles, 111
First National Bank, Carthage, Mo
Security National Bank, Worcester, Mass
First National Bank, Lake City, Colo....
People's National Bank, Norfolk, Va
Topeka National Bank, Topeka, Kans...
First National Bank, St. Joseph, Mo

Capital.

Nov. 10,1877
Nov. 13,1877
Nov. 23,1877
Dec. 1,1877
Dec. 6,1877
Dec. 20,1877
Dec. 31,1877
Jan. 8,1878
do
Jan. 10,1878
Jan. 19,1878
Jan. 22,1878
Feb. 7,1878
Feb. 28,1878
Mar. 1,1878
Mar. 2,1878
Mar. 4,1878
Mar. 5,1878
Mar. 14,1878
Mar. 19,1878
Mar. 26,1878
Mar. 30,1878
Apr. 5,1878
Apr. 20,1878
Apr. 24,1878
Apr. 25,1878
May 31,1878
June 1,1878
June 5,1878
June 15,1878
July 31,1878
Aug. 7,1878
Aug. 13,1878

.

65,671

233

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

jjaie oi

liquidation.

First National Bank, Winchester, Ind
Muscatine N. B., Muscatine, Iowa
Traders' National Bank, Chicago, 111
Union National Bank, Rah way, N. J
First National Bank, Sparta, Wis
Herkimer County N. B., Little Falls, N.Y.
Total

Aug.
Sept.
Sept.
Sept.
Sept.
Oct.

24,1878
2,1878
4,1878
10,1878
14,1878
11,1878

Farmers' National Bank, Bangor, Me
Pacific N. B., Council Bluffs, Iowa
First National Bank, Anamosa, Iowa
Smithfield National Bank, Pittsburg, Pa.
First National Bank, Buchanan, Mich
First National Bank, Prairie City, 111
Corn Exchange N. B., Chicago, 111
Franklin National Bank, Columbus, Ohio.
Traders' National Bank; Bangor, Me
First National Bank, Gonic, N. PI
First National Bank, Salem, N. C
First National Bank, Granville, Ohio..

Nov.
Nov.
Dec.
Dec.
Dec.
Dec.
Jan.

22,1878
30,1878
14,1878
16,1878
21,1878
24,1878
4; 1879

Gainesville N. B., Gainesville, Ala
First National Bank, Hackensack, N. J ..
National Bank of Delavan, Delavan, Wis.
Mechanics' N. B., Nashville, Tenn
Manchester N. B., Manchester Ohio
First National Bank, Meyersdale, Pa
First National Bank, Mifflinburg, Pa
National Bank of Michigan, Marshall, Mich
National Exchange Bank, Houston, Tex.
Ascutney National Bank, Windsor, Vt
Total
First National Bank, Seneca Falls, N. Y.
First National Bank, Baraboo, Wis
Bundy National Bank, New Castle, Ind..
Vineland National Bank, Vineland, N. J.
Ocean County, N. B., Tom's River N. J
Hungerford, National Bank, Adams, N. Y.
Merchants' N. B., Minneapolis, Minn
Farmers' N. B., Mechanicsburg, Ohio
First National Bank, Green Spring, Ohio.
First National Bank, Cannon Fails, Minn.
First National Bank, Coshocton, Ohio
Manufacturers' N. B., Three Rivers, Mich.
First National Bank Lansing, Iowa
First National Bank, Watertown, N. Y...
First National Bank, Americus, Ga
First National
 Bank, St. Joseph, Mich . . .


Issued.

Retired.

Outstanding.

do

do

Jan.
Jan.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
May
May
June
July
July
July
July
July
Aug.
Aug.
Aug.

21,1879
25,1879
15,1879
18,1879
27,1879
1,1879
3,1879
4,1879
15,1879
22,1879
26,1879
8,1879
15,1879
16,1879
3,1879
5,1879
8,1879
19,1879
21,1879
15,1879
16,1879
30,1879

$60,000
100,000
200,000
100,000
50,000
200,000

$52,700
44,200
43,700
89,200
45,000
178,300

$51,621
42,936
41,245
87,710
44,210
175,462

$1,079
1,264
2,455
1,490
790
2,838

4,100,000

Jan. 14,1879
do
do
. .do
do
do
First National Gold Bank, Stockton, Cal..

First National Bank, Sheboygan, Wis..
First National Bank, Boscobel, Wis
National Marine Bank, Oswego, N. Y
Central National Bank, Hightstown, N. J.
Brookville National Bank, Brookville, Ind
Farmers' National Bank, Centerville, Iowa
First National Bank, Clarinda, Iowa
Waterville National Bank, Waterville, Me.
First National Bank, Tremont, Pa
First National Bank, Atlanta, 111
Union National Bank, Aurora, 111
National Bank of Menasha, Wis
National Exchange B., Jefferson City, Mo.
First National Bank, Hannibal, Mo
Merchants' National Bank, Winona,Minn.
Farmers' National Bank, Keiths burg, 111..
First National Bank, Franklin, Ky
National Bank of Salem, Salem, Ind
Fourth National Bank,Memphis,Tenn...
Bedford National Bank, Bedford, Ind
First National Bank, Afton, Iowa
First National Bank, Deer Lodge, Mont..
First National Bank, Batavia, 111
National Gold Bank and Trust Company,
San Francisco, Cal
Total

Capital.

2,646,432

2,593,182

53,250

100,000
100,000
50,000
200,000
50,000
50,000
500,000
100,000
100,000
60,000
150,000
50,000
120,000
300,000
50,000
50,000
120,000
100,000
100,000
50,000
50,000
125,000
75,000
50,000
125,000
50,000
50,000
100,000
100,000
50,000
100,000
50,000
125,000
100,000
50,000
50,000
50,000

89,100
45,000
44,500
78,750
27,000
27,000
59,160
93,070
76,400
45,597
128,200
34,365
99,800
238,600
45,000
43,900
44,300
32,400
89,000
41,500
45,000
110,300
64,600
26,500
82,000
44,500
45,000
88,200
35,000
27,000
54,000
44,400
45,000
87,200
26,500
45,000
44,300

87,359
43,964
44,033
78,150
26,733
26,740
54,454
90,873
75,048
44,584
126,860
33, 319
98,228
228,351
44,445
43,150
42,315
32,108
87, 470
41,043
44,334
108,253
63,250
26,280
80,427
43,813
44,301
85,780
34,599
26,540
53,425
43,976
44,210
86,152
26,224
44,150
42,774

1,741
1,036
467
600
267
260
4,706
2,197
1,352
1,013
1,340
1,046
1,572
10,249
555
750
1,985
292
1,530
457
666
2,047
1,350
220
1,537
687
699
2 420
401
460
575
424
790
1,048
276
850
1,526

Nov. 23,1880
Nov. 27,1880
Dec. 6,1880
Jan. 11,1881
do .
Jan. 27,1881
Jan. 31,1881
Feb. 18,1881
do
Feb. 21,1881
do . . .
Feb. 25,1881
do

May 26,1881
June 17,1881
June 30,1881

40,000

30,293

9,707

2,337,142

2,278,008

59,134

100,000
100,000
50,000
100,000
50,000
50,000
100,000
120,000
100,000
100,000

90,000
90,000
27,000
90,000
48,303
30,600
87,825
100,800
31,500
90,000

88,733
88,970
26,225
88,550
47,613
30,350
86,275
98,629
31,045
88,491

1,267
1,030
775
1,450
690
250
1,550
2,171
455
1,509

870,000

Nov. 25,1879
Dec. 6,1879
Jan. 7,1880
Jan. 13,1880
. ..do
Mar. 5,1880
Mar. 8,1880
May 14,1880
Sept. 10,1880
Oct. 19,1880

750,000
4,450,000

Sept. 1,1879

686,028

674,881

11,147

60,000
50,000
50,000
50,000
100,000
50,000
150,000
100,000
50,000
50,000
50,000
50,000
50,000
100,000
L 000

54,000
27,000
45,000
45,000
119,405
45,000
98,268
30,140
45,000
45,000
53,058
45,000
45,000
75,510
45,000
26,500

53,053
26,540
44,729
44,711
117,670
43,371
96,837
29,700
44,416
44,683
52,259
44,307
43,886
73,430
44,303
25,909

947
460
271
289
1,735
1,629
1,431
440
584
317
799
693
1,114
2,080
697

5o;ooo

591

234

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.

Date of
liquidation.

Circulation.
Capital.

Issued.

Retired.

Outstanding.

First National Bank, Lisbon, Iowa
First National Bank, Warsaw, Ind
Brighton National Bank, Brighton, Iowa.
Merchants' National Bank, Denver, Colo.
Merchants National Bank, Holly, Mich..
First National Bank, Alliance, Ohio
First National Bank, New London, Conn.
National Bank of Royalton Vt
First National Bank, Whitehall, N. Y....
National Bank of Pulaski, Tenn
First National Bank, Alton, 111
Havana National Bank, Havana, N. Y...
First National Bank, Brownsville, Pa
Second National Bank, Franklin, Ind
Merchants' N. B., Georgetown, Colo
Commercial National Bank, Toledo, Ohio.
Harmony National Bank, Harmony, Pa..
First National Bank, Liberty, Ind
Manufacturers' N. B., Amsterdam, N. Y..
Total

Nov. 1,1881
Dec. 1,1881
Dec. 15,1881
Dec. 24,1881
Dec. 31,1881
Jan. 3,1882
Jan. 10,1882
do
Jan. 18,1882
Jan. 23,1882
Mar. 30,1882
Apr. 15,1882
May 2,1882
June 20,1882
June 22,1882
July 6,1882
July 7,1882
July 22,1882
Aug. 1,1882

First National Bank, Bay City, Mich
First National Bank, Ripley, Ohio
National Bank of State of New York,
New York, N. Y
First National Bank, Wellington, Ohio...
Second National Bank, Jefferson, Ohio...
First National Bank, Painesville, Ohio
St. Nicholas N. B., New York, N. Y
Fifth National Bank Chicago 1 1
1
First National Bank, Dowagiac, Mich
First National Bank, Greenville, 111
Merchants' N. B., East Saginaw, Mich
Logan County N. B., Russellville, Ky .
National Bank of Vandalia, 111
Traders' National Bank, Charlotte, N. C .
First National Bank, Norfolk, Nebr
First N B Midland City Mich &
Citizens' N. B., New Ulm, Minn
National Bank of Owen, Owenton, Ky...
Merchants' N. B., Nashville, Tenn
Indiana National Bank, Bedford, Ind
Stockton National Bank, Stockton, Cal...
Wall Street N. B., New York, N. Y
Commercial N. B., Reading, Pa
Total

Nov. 8,1882
Nov. 10,1882
Dec. 6,1882
Dec. 12,1882
Dec. 26,1882
Dec. 30,1882
do
do
Jan. 3,1883
Jan. 9,1883
do
do
Jan. 11,1883
Jan. 16,1883
Feb. 3,1883
Feb. 5,1883
Mar. 1,1883
Mar. 5,1883
June 30,1883
Aug 25,1883
Oct. 1,1883
Oct. 15, 1883
Oct. 23,1883

8,1881
1,1881
9,1881
10,1881
13,1881
27,1881
30,1881
4,1881

Nov. 10,1883
Corn Exchange N. B., Chicago, III."
Farmers' National Bank, Sullivan, Ind... Dec. 24,1883
Jan. 8,1884
City National Bank, La Salle, 111
Jan. 22,1884
Hunt County N. B., Greenville, Tex
Jan. 31,1884
Waldoboro N. B., Waldoboro, Me
Third National Bank, Nashville, Tenn... Feb. 20,1884
Mar. 25,1884
Madison County N. B., Anderson, Ind
Apr. 7,1884
First National Bank, Phoenix, Ariz
Cobbossee National Bank, Gardiner, Me.. Apr. 18,1884
Mechanics and Traders' National Bank,
Apr. 24,1884
New York, N. Y
May 17,1884
Princeton N. B., Princeton, N. J
June 30,1884
Kearsarge National Bank, Warner, N. II.
July 31,1884
Second National Bank, Lansing, Mich
First National Bank, Ellensburg, Wash.. Aug. 9,1884
Aug. 12,1884
German N. B., Millerstown, Pa
Aug. 27,1884
Exchange N. B., Cincinnati, Ohio
Sept. 30,1884
First National Bank, Rushville, 111
a New bank with same title.



$45,000

$43,950

$1,050

45,000
45,000
81,665
90,000
45,000
270,000

44,327
44,080
80,140
88,596
44,820
266,583

1,525
1,404
3,417

1,465,546

1,442,300

23,246

50,000
50,000
50,000
120,000
50,000
50,000
300,000
100,000
50,000
70,000
100,000
50,000
75,000
100,000
50,000
100,000
50,000
60,000
80,000

45,000
48,500
45,000
72,000
45,000
45,000
112,818
90,000
45,000
43,700
90,000
45,000
67,500
81,060
45,000
90,000
45,000
54,000
72,000

44,415
47,360
44,285
71,640
44,401
44,420
111,414
89,006
43,438
42,963
87,544
43,875
65,913
78,440
44,488
88,900
44,620
53,230
71,345

1,555,000

July
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Oct.

$50,000
100 000
50,000
50,000
50,000
100,000
50,000
300,000
1,820,000

First National Bank, Logan, Ohio
OlpniGnt National Bank Rutland. Vt &
First National Bank, Rochelle, 111
First National Bank, Shakopee, Minn
National State Bank, Oskaloosa, Iowa
First National Bank Hobart, N. Y
A ttica National Bank, Attica, N. Y
National Bank of Brighton, Boston, Mass.
Total

1,181,578

1,161,697

19,881

400,000
100,000

156,100
69,201

153,493
66,452

2,607
2,749

800,000
100,000
100,000
200,000
500,000
500,000
50,000
150,000
200,000
50,000
100,000
50,000
45,000
30,000
50,000
56,000
300,000
35,000
100,000
500,000
150,000

397,004
90,000
90,000
162,800
450,000
29,700
45,000
59,400
101,100
40,050
90,000
38,800
11,240

390,422
88,624
88,990
159,062
435,431
24,210
43,901
58,194
98 273
39,465
88,545
38,090
11,240

6,582
1,376
1,010
3,738
14,569
5,490
1,099
1,206
2,827
585
1,455

27,000
48,900
141,200
11,250
90,000
102,800
135,000

26,770
48,485
140,545
10,202
89,520
96,756
134,520

230
415
655

4,566,000

2,386,545

2,331,190

55,355

700,000
50,000
100,000
68,250
50,000
300,000
50,000
50,000
150,000

45,000
22,500
17,300
44,000
167,600
45,000
11,240
90,000

44,580
22,360
17,130
43,110
165,560
44,425
11,150
88,244

420
140
170
890

200,000
100,000
50,000
50,000
50,000
50,000
500,000
75,000

85,400
72,500
23,586
40,000
13,500
45,000
78,000
66,500

81,765
71,300
22,883
38,593
13,470
44,505
77,525
64,591

No circulation issued.

673
920
180

585

1,140
715
360
599
580

1,404
994

1,562
737

2,456
1,125
1,587
2,620
512

1,100
380
770
655

710

1,048
480

6,044
480

2,040

575
9C

1,756
3,635
1,200
703

1,407
30
495
475

1,909

235

REPORT OF THE COMPTROLLER OP THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.
Mechanics' National Bank, Peoria, 111
First National Bank, Freeport, Pa
Genesee County N. B., Batavia, N. Y
Valley National Bank, Red Oak, Iowa
Merchants' N. B., Bismarck, N. Dak

Date of
liquidation.

Oct.
Oct.
Oct.
Oct.
Oct.

4,1884
10,1884
11,1884
20,1884
28,1884




Outstanding.

$70,047
43,730
44, 485
21,790
22,315

$1,953
470
515
360
185

2,916,250

1,072,976

1,053,558

19,418

300,000

45,000

44,680

320

10,1884
18,1884
2,1884
8,1884

50,000
3,000,000
50,000
50,000

34,600
1,447,000
19,250
11,250

34,460
1,414,952
19,085
11,160

140
32,048
165
90

Dec. 10,1884
Dec. 16,1884
do
Dec. 26,1884
Jan. 1,1885
Jan. 2,1885
Jan. 13,1885
do
Jan. 21,1885
Jan. 24,1885
Jan. 27,1885
Jan. 31,1885
Feb. 7,1885
Apr. 1,1885
Apr. 9,1885
Apr. 28,1885
May 6,1885

50,000
50,000
50,000
100,000
250,000
50,000
50,000
50,000
60,000
50,000
50,000
100,000
50,000
50,000
50,000
50,000
175,300

93,000
11,240
22,450
90,000
45,000
10,740
11,200
42,500
36,000
10, 740
11,240
28,100
16,200
27,350
11,250
43,800
120,100

90,240
11,125
21,569
88,259
43 540
10,675
11,070
41,920
35,830
10,660
11,140
27,775
16,100
26,655
11,160
42,670
115,714

2,760
115
881
1,741
1,460
65
130
580
170
80
100
325
100
695
90
1,130
4,386

50,000
60,000
100,000
125,000
100,000
1,200,000
50,000
50,000
50,000

10,240
18,900
72,000
106,200
66,800
25,100
27,350
45,000
11,250

10,145
18,720
70,585
104,277
65,172
18,296
26,900
43,922
11,178

95
180
1,415
1,922
1,680
6,438
450
1,078
72

6,520,300

2,570,850

2,509,634

61,216

250,000
50,000
50,000
50,000
50,000
50,000
100,000
50,000
150,000
50,000
100,000
50,000
50,000
50,000
50,000
50,000
51,100
50,000
50,000
50,000
125,000
50,000
50,000
100,000

44,960
23, 490
26,500
11,240
11,240
13,490
89,520
25,760
33,750
45,000
35,490
15,500
11,240
11,250
39,680
13,410
45,000
45,000
39,310
45,000
96,140
45,000
45,000
22,500

43,835
23,270
25, 454
11,100
11,070
13,115
87,242
25,325
33,390
44,235
33,331
15,310
10,385
11,180
38,340
13,030
43,981
44,255
38,210
44,460
93,630
44,470
44,357
22,330

1,125
220
1,046
140
170
375
2,278
435
360
765
2,159
190
855
70
1,340
380
1,019
745
1,100
540
2,510
530
643
170

1,726,100

834,470

815,305

19,165

500,000
50,000
50,000
50,000
50,000
50,000
50,000

162,325
11,250
11,250
45,000
11,250
13,892
18,000

161,195
11,160
11,220
44,075
9,640
12,046
17,920

1,130
90
30
925
1,610
1,846
80

Nov. 1,1884
Nov.
Nov.
Dec.
Dec.

May
May
May
June
July
July
Oct.
Oct.
Oct.

12,1885
16,1885
18,1885
5,1885
14,1885
21,1885
3,1885
10,1885
21,1885

Dec. 4,1885
Jan. 6,1886
Feb. 15,1886
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
Aug. 9,1886
Sept. 16,1886
do
Sept. 25,1886
Oct. 11,1886
Oct. 14,1886
Oct. 20,1886
Oct. 21,1886
do..'
Oct. 22,1886
Oct. 23,1886
Oct. 25,1886

Total
First National Bank, Indianapolis, Ind...
First National Bank, Concord, Mich
Jamestown N. B., Jamestown, N. Dak...
First National Bank, Berea, Ohio
First National Bank, Allerton, Iowa
Second National Bank, Hillsdale, Mich...
Topton National Bank, Topton, Pa

Retired.

$72,000
44,200
45,000
22,150
22,500

Total
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 N. B., Broken Bow, Nebr.
Roanoke National Bank, Roanoke, Va.,
First National Bank, Brownville, Nebr...
First National Bank, Leslie, Mich
Mount Vernon N. B., Mount Vernon, 111.
National Bank, Piedmont, W. Va
First National Bank, St. Clair, Mich.
First National Bank, Milford, Mich
National Bank of Kmgwood, W. Va
Merchants' National Bank, Lima, Ohio...
Hubbard National Bank, Hubbard, Ohio.
Commercial N. B., Marshalltown, Ohio...

Issued.

$100,000
50,000
50,000
50,000
73,000

Total
Manufacturers N. B., Minneapolis, Minn.
Farmers and Merchants' National Bank,
Uhrichsville, Ohio.
. .
Metropolitan N. B., New York, N. Y
First N. B., Grand Forks, N. Dak
Iron National Bank, Gunnison, Colo
Freehold National Banking Company,
Freehold, N. J..
Albia National Bank, Albia, Iowa
First National Bank, Carlinville, 111
Freeman's National Bank, Augusta, Me..
First National Bank, Kokomo, Ind
First National Bank, Sabetha, Kans
First National Bank, Wyoming, 111
First National Bank, Tarentum, Pa
First National Bank, Walnut, 111
Farmers' N. B., Franklin, Term
Citizens' National Bank, Sabetha, Kans..
First National Bank, Tucson, Ariz
Ripon National Bank, Ripon, Wis
Farmers' National Bank, Franklin, Ohio.
First National Bank, Prescott, Ariz
National Union Bank, Swanton, Vt
German National Bank, Memphis, Tenn .
Merchants and Farmers' National Bank,
Shakopee, Minn
First National Bank, Superior, Wis
Shetucket National Bank, Norwich, Conn.
Cumberland N. B., Cumberland, R. I
First National Bank, Columbia, Tenn
Union National Bank, New York, N. Y...
First National Bank, Centerville, Ind
Manufacturers' N. B., Appleton, Wis
First National Bank, Plankinton, S. Dak.

Circulation.
Capital.

Nov.
Nov.
Nov.
Dec.
Dec.
Dec.
Dec.

11,1886
27,1886
29,1886
1,1886
6,1886
18,1886
28,1886

236

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

Daze oi
liquidation.

First National Bank, Warsaw, III
First National Bank, Hamburg, Iowa
Darlington N. B., Darlington, S. C
Union National Bank, Cincinnati, Ohio..
Roberts' National Bank, Titusville, Pa...
National Bank of Rah way, N. J
Olney National Bank, Olney, 1 1
1
Metropolitan N. B., Leavenworth, Kans..
Ontario County N. B., Canandaigua, N. Y.
Winsted National Bank, Winsted, Conn..
Council Bluffs N. B., 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..
Total

Dec. 31,1886
do
Feb. 10,1887
Feb. 14,1887
Feb. 28,1887
Mar. 9,1887
Mar. 11,1887
Mar. 15,1887
Mar. 23,1887
Apr. 12,1887
May 5,1887
June 22,1887
June 30,1887
July 7,1887
July 12,1887
Aug. 1,1887

First National Bank, Tecumseh, Nebr
Third National Bank, St. Paul, Minn
First National Bank, Marshall, Mo
First National Bank, Greene, Iowa
Fulton National Bank, New York, N. Y.aFayetteville N. B., Fayetteville, N. C
National Bank, Somerset, Ky
First National Bank, Richburg, N. Y
Scituate National Bank, Scituate, R. I . . .
National Bank, Franklin, Ind
First National Bank, Hampton, Iowa
First National Bank, Greensburg, Kans..
First National Bank, Central City, Nebr..
Duluth National Bank, Duluth, Minn....
Bismarck N. B., Bismarck, N. Dak
First National Bank, Ashton, S. Dak
Citizens' N. B., Sioux Falls, S. Dak
First National Bank, Stanton, Mich
First National Bank, Fairmont, Nebr
First National Bank, Greenleaf, Kans
National Bank Genesee, Batavia, N. Y...
Strong City N. B., Strong City, Kans
Citizens' National Bank, Saginaw. Mich...
Saugerties N. B., Saugerties, N. Y
Hyde National Bank, Titusville, Pa
State National Bank, Omaha, Nebr
Cincinnati N. B., Cincinnati, Ohio
First National Bank, Alameda, Cal
'
First N. B., Worthington, Minn
South Framingham National Bank, South
Framingham, Mass
First National Bank, Grass of West VirMerchants' National Bank Valley, Cal...
ginia, Morgantown, W. Va
First National Bank, Cawker City, Kans..
Total

Nov.
Nov.
Dec.
Dec.
Dec.
Dec.

Capital.

Retired.

Outstanding.

$50,000
50,000
100,000
500,000
100,000
100,000
60,000
100,000
50,000
50,000
100,000
50,000
50,000
52,450
50,000
50,000

$38,250
13,500
22,500
237,230
75,610
42,500
27,000
22,500
11,250
11,250
22,500
11,250
11,250
47,205
11,250
11,250

$36,555
13,155
22,055
234,067
74,720
41,094
26,730
22,390
11,015
10,995
22,290
11,070
10,770
46,068
11,115
11,160

$1,695

2,312,450

889,262

872,505

16,757

50,000
500,000
100,000
50,000
300,000
200,000
50,000
50,000
56,000
50,000
50,000
50,000
50,000
300,000
50,000
50,000
50, (XX)
50,000
50,000
50,000
75,000
50,000
100,000
125,000
300,000
100,000
280,000
100,000
75,000

11,700
45,000
22,500
10,590

11,570
44,594
22,225
10,480

130
406
275
110

39,580
45,000
25,905
35,018
11,250
11,250
11,240
10,710
45,000
11,250
11,250
11,250
11,250
11,250
11,250
44,434
11,250
45,000
93,316
74,730
22,500
52,510
27,000
16,875

1,495
1,610

100,000
50,000

21,720
11,250

38,085
43,390
25,445
34,022
10,965
11,050
11,090
10,475
44,595
10,970
11,160
11,185
11,100
11,095
11,145
41,948
11,080
44,240
91,564
73,270
22,300
51,920
26,100
16,755
21,060
11,200

110,000
50,000

80,830
11,250

78,165
11,110

2,665

3,671,000

904,908

885,353

19,555

100,000
200,000
50,000
50,000
50,000
50,000
50,000
250,000
50,000
100,000
75,000
50,000
200,000
50,000
100,000
100,000
220,000
60,000

22,500
97,520
11,250
11,250
10,690
11,250
11,250
217,710
21,870
86,590
17,100
11,250
45,000
26,622
22,500
22,500
77,150
13,000

22,350
94,450
5,900
11,185
10,585
11,125
11,180
211,160
20,288
85,573
15,680
11,170
43,549
25,127
22,320
22,055
73,755
12,894

6,550
1,582
1,017
1,420

200,000

26,100

22,955

3,145

3,1887
4,1887
6,1887
15,1887
20,1887
31,1887

do

Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Apr.
Apr.
May
May
May
May
June
June
June
July
Aug.
Sept.
Sept.
Sept.
Sept.

10,1888
11,1888
31,1888
1,1888
10,1888
11,1888
20,1888
1,1888
6,1888
24,1888
30,1888
1,1888
9,1888
21,1888
20,1888
1,1888
16,1888
21,1888
18,1888
1,1888
4,1888
5,1888
8,1888
18,1888

Oct.
Oct.

4,1888
9,1888

San Diego National Bank, San Diego, Cal. Nov. 7,1888
National Exchange Bank, Auburn, N. Y.. Nov. 16,1888
Nov. 21,1888
National Bank of Dayton, Wash
First National Bank, Colby, Kans
do..
First N. B., Russell Springs, Kans
do
First National Bank, Columbia, S. Dak... N o v . 26,1888
Citizens' National Bank, Kingman, Kans. D e c . 24,1888
Bowery National Bank, New York, N. Y-. J a n
2,1889
Jan.
8,1889
Second National Bank, Iona, Mich
J a n . 16,1889
First National Bank, Johnstown, N. Y
First National Bank, Canandaigua, N. Y. J a n . 26,1889
Feb
4,1889
Pendleton N. B., Pendleton, Oreg
Iowa City National Bank, Iowa City, Iowa F e b . 7,1889
Fleming County N. B., Flemingsburg, Ky. F e b . 9,1889
7
Merchants N. B., El Dorado, Kans
F e b . 26,1889
Mar. 1,1899
Merchants' N. B., Des Moines, Iowa
Mar. 15,1889
Norwich National Bank, Norwich, Conn .
Mar. 27,1889
First National Bank, Franklin, Nebr
Farmers and Mechanics' National Bank,
Apr.
3,1889
Buffalo, N. Y




Issued.

a No circulation.

345
445

3,163
890

1,406
270
110
235
255
210
180
480

1,137
135
90

460
996
285
200
150
235
405
280
90
65.
150
155
105

2, 486
170
760

1,752
1,460
200
590
900
120

960
50
140

150

3,070
5,350
65
105
125
70

80

1,451
1,495
180
445

3,395
106

237

EEPOET OP THE COMPTROLLER OF THE CUBKENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Oont'd.
Circulation.
Name and location of bank.

First National Bank, Du Bois City, Pa...
First National Bank, Cimarron, Kans
Traders' N. B., San Antonio, Tex
Merchants' N. B., Duluth, Minn
Wright County N. B., Clarion, Iowa,.
National Bank, Lawrence, Kans
National Bank Le Roy N Y
Halstead National Bank, Halstead, Kans.
Farmers' N. B., Mount Sterling, Ky
First National Bank, Keyport, N. J
National Bank, Huntsville, Ala
German National Bank, Newton, Kans...
First National Bank, Clay Center, Nebr...
Vernon National Bank, Vernon, Tex.a
Butler National Bank, Butler, Mo
Second National Bank, Lebanon, Tenn...
National Bank, Kinderhook, N. Y
First National Bank, Woodstock, 111
Total
Farmers and Merchants' National Bank,
Valley City, N. Dak
....
Union National Bank, La Crosse, Wis
Harper County N. B v Anthony, Kans
Lumberman's N. B., Williamsport, Pa...
First National Bank, South Haven, Mich..
Durango National Bank, Durango, Colo...
First National Bank, Fox Lake, Wis
First National Bank, 0 gal alia, Nebr
First National Bank, Stockton, Kans
First National Bank, Rulo, Nebr
First National Bank, Eagle Grove, Iowa..
Toledo National Bank, Toledo, Ohio
National Exchange B., Kansas City, Mo..
National Bank, New Castle, Ky
Plymouth N. B., Plymouth, Mich
First National Bank, Lockport, N. Y
Merchants' N. B., Amsterdam, N. Y
National Bank of Texas, Galveston, Tex..
Bowie National Bank, Bowie, Tex.«
First National Bank, Union Springs, N. Y.
Ferris National Bank, Swanton, Vt
First National Bank, Rock Island, 111
First National Bank, Ketchum, Idaho
Winchester N. B., Winchester, Ky
First National Bank, Harper, Kans
First National Bank, Loup City, Nebr
American National Bank, Waco, Tex
Hamilton City N. B., Webster City, Iowa.
Planters' National Bank, Henderson, K y .
Wakefield National Bank, Wakefield, R. I .
Jewell County N. B., Mankato, Kans
Citizens' National Bank, Flint, Mich
N. Village Bank, Bowdoinham, Me
La Fayette N. B., La Fayette, Ind
Lincoln National Bank, Stanford, Ky
Canastota National Bank, Canastota, N.Y.
First National Bank, Whitehall, Mich
Meade County N. B., Meado Center, Kans.
Farmers' N. B., South Charleston, Ohio..
First National Bank, Columbus, Ohio...
Commercial N. B., St. Paul, Minn

i^aie oi
liquidation.




Issued.

Retired.

Outstanding.
$310

do

do
July 1,1889
d o . . ..
July 3,1889
July 19,1889
Aug. 8,1889
Aug. 17,1889
Aug. 23,1889
Sept. 18,1889
Oct. 1,1889
Oct. 31,1889

Dec. 1,1889
Dec. 9,1889
Dec. 20,1889
Dec. 31,1889
do..
Jan. 6,1890
Jan. 14,1890
do
Jan. 15,1890
Jan. 20,1890
do..
Jan. 21,1890
Jan. 28,1890
Feb. 4,1890
Feb. 25,1890
Feb. 28,1890
Mar. 15,1890
Mar. 19,1890
Mar. 27,1890
Mar. 31,1900
Apr. 18,1890
Apr. 19,1890
Apr. 28,1890
Apr. 29,1890
Apr. 30,1890
June 21,1890
June 24,1890
June 30,1890
do
July 1,1890
July 2,1890
Aug. 5,1890
Aug. 28,1890
Aug. 29,1890
Sept. 8,1890
Sept. 25,1890
Sept. 30,1890
Oct. 6,1890
Oct. 15,1890
do
Oct. 27,1890
Dec. 5,1890
Dec. 20,1890
Jan. 8,1891
Jan. 13,1891
do
do

Jan. 27,1891
do
Feb. 9,1891
Feb. 12,1891
Feb. 19,1891
o No circulation.

$11,250
10,170
22,500
45,000
11,250
49,809
22,500
11,250
195,680
11,250
44,900
13,500
11,250
14,850
11,250
78,220
27,000

$10,940
10,085
22,060
44,540
11,150
47,206
22,250
11,075
191,580
11,130
42,937
13,370
11,105
14,280
10,430
72,872
26,765

5,348

1,354,731

1,307,076

47,655

65,000
100,000
50,000
100,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
100,000
200,000
60,000
50,000
100,000
100,000
100,000
50,000
50,000
50,000
100,000
50,000
200,000
50,000
50,000
250,000
50,000
150,000
100,000
50,000
125,000
50,000
300,000
200,000
55,000
50,000
50,000
50,000
300,000
500,000

14,630
22,500
11,250
32,580
11,250
11,250
48,605
11,250
11,250
30,360
11,250
35,920
45,000
17,670
11,250
28,573
32,680
37,487

14,410
22,195
11,160
30,675
10,453
11,250
45,968
11,170
1,001
30,180
11,110
32,025
44,560
16,860
10,980
24,948
32,000
35/164

220
305
90

15,805
11,240
24,654
11,250
45,000
11,250
11,250
45,000
11,250
33,750
59,249
11,250
32,641
35,748
64,033
45,000
55,927
11,250
11,250
11,710
220,465
45,000

13,786
11,240
22,332
10,980
43,750
11,090
11,045
44,450
11,015
33,140
57,143
11,150
30,171
34,428
60,141
44,660
53,359
10,810
11,120
11,140
212,042
44,390

2,019

4,25,5,000

8,1889
27,1889
29,1888
20,1889
19,1889
29,1889

$50,000
50,000
100,000
200,000
50,000
100,000
100,000
50,000
250,000
50,000
50,000
60,000
50,000
60,000
66,000
50,000
125,000
50,000
3,516,000

Apr.
Apr.
Apr.
May.
June
June

Total
German American N. B., Kansas City, Mo.
First National Bank, Hill City, Kans
First National Bank, Frankfort, Kans
Second National Bank, Owosso, Mich
West Side N. B., Wichita, Kans
Anthony N B Anthony Kans
Commercial N. B., Rochester, N. Y
Mercantile National Bank, Louisiana, Mo.
National Bank, El Dorado, Kans
First National Bank, Suffolk, Va
Citizens' N. B., Medicine Lodge, Kans....

Capital.

1,248,727

1,189,491

59,236

250,000
50,000
100,000
60,000
100,000
50,000
200,000
50,000
50,000
50,000
50,000

45,000
10,750
22,500
13,500
22,500
10,750
41,820
11,250
10,745
11,250
11,250

44,380
10.605
21,960
13,320
22,160
10,640
39,573
11,130
10,515
11,095
11,068

620
145
540
180
340
110

85
440
460
100

2,603
250
175

4,100
120

1,963
130
145
570
820
235

1,905
797

2,637
80

10,249
180
140

3,895
440
810
270

3,625
680

2,323
2,322
270

1,250

160
205
550
235
610

2,106

100

2,470
1,320
3,892
340

2,568
440
130
570

8,423
610

2,247
120

230
155
182

238

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

Rome National Bank, Rome, Ga
Windsor National Bank, Windsor, Vt
Beadle County N. B., Huron, S. Dak
American N. B., Sioux City, Iowa
United States N. B., Atchison, Kans
First National Bank, Ashland, Kans
Washington N. B., New York, N. Y
First National Bank, Burr Oak, Kans
Glen wood N. B., Glen wood Springs, Colo.
First National Bank, Cardiff, Tenn
East Saginaw N. B., East Saginaw, Mich.
Twin City N. B., New Brighton, Minn...
Merchants' N. B., Binghamton, N. Y
First National Bank, Merced, Cal
N. B. of Union County, Morganfield, Ky.
Citizens' National Bank, Belton, Tex
Citizens' National Bank, Gatesville,Tex..
Ord National Bank, Ord, Nebr
First National Bank, Indianola, Nebr
National Bank, Anderson, S. C
First National Bank, Flushing, Mich
First National Bank, Francestown, N. H..
Columbus N. B., New York, N. Y

Feb. 23,1891
Feb. 24,1891
Feb. 26,1891
Mar. 12,1891
Mar. 24,1891
Apr. 15,1891
Apr. 13,1891
May 15,1891
May 23,1891
May 25,1891
June 23,1891
do
June 25,1891
June 30,1891
do.......
July 1,1891
do
Aug. 22,1891
Aug. 31,1891
Sept. 1,1891
Sept. 21,1891
Oct. 10,1891
Oct. 15,1891

Total.
Citizens' National Bank, Colorado, Tex...
First National Bank, La Grange, Ga
Produce National Bank, Philadelphia, Pa.
Merchants' N. B., Kansas City, Mo
First National Bank, Manitowoc, Wis
First National Bank, Fairfield, Tex
Commonwealth N. B., Philadelphia, Pa..
Merchants' N. B., Fort Dodge, Iowa
Giles National Bank, Pulaski, Tenn
First National Bank, Quanah, Tex
Northwestern N. B., Aberdeen, S. Dak...
Castleton National Bank, Castleton, Vt...
First N. B., Chamberlain, S. Dak
Sedan National Bank, Sedan, Kans...
Bronson N. B., Painted Post, N. Y
First National Bank, Ainsworth, Nebr
First National Bank, Leoti, Kans..."..
First National Bank, Blaine, Wash....
Erath County N. B., Stephenville, Tex...
American N. B., Birmingham, Ala
First National Bank, Wilber, Nebr
First National Bank, Greenville, Mich....
National Exchange B., Columbus, Ohio..
Citizens' National Bank, Roanoke, Va
Inter-State N. B., New York, N. Y
First National Bank, Platte City, Mo
First National Bank, Jetmore, Kans
Tampa National Bank, Tampa, Fla
Birmingham N. B., Birmingham, Ala
First National Bank, Stafford, Kans
N. B. of Commerce, Hutchinson, Kans
First National Bank, Graf ton, Mass
First National Bank, Dorchester, Nebr...
First National Bank, Salina, Kans
Lincoln National Bank, Lincoln, Nebr
First National Bank, Aurora, Mo
Farmers and Traders' N. B., Oskaloosa,
Iowa
First N. B., San Luis Obispo, Cal
First National Bank, De Smet, S. Dak...
Merciiants' N. B., Chattanooga, Tenn
N. B. of the Republic, Tacoma, Wash
First N. B., South Sioux City, Nebr
Total.
Continental N. B., Kansas City, Mo
First National Bank, Clyde, Kans
Eugene N. B., Eugene City, Oreg
Commercial N. B., Sioux City, Iowa
First National Bank, Batesville, Ohio
State National Bank, Lincoln, Nebr
Woodson N. B., Yates Center, Kans



Capital.
Issued.

Retired.

Outstanding.

Jan. 15,1892
Jan. 22,1892
Feb. 6,1892
Feb. 9,1892
Feb. 29,1892
Mar. 3,1892
Mar. 4,1892
Mar. 9,1892
Mar. 15,1892
Mar. 22,1892
do

Mar. 28,1892
Apr. 1,1892
Apr. 4,1892
Apr. 15,1892
Apr. 25,1892
Apr. 30,1892
May 2,1892
do
June 15,1892
do
June 21,1892
July 5,1892
do
July 12,1892
July 22,1892
July
Aug.
Sept.
Sept.
Oct.
Oct.

30,1892
27,1892
14,1892
24,1892
1,1892
27,1892

$22,500
22,500
22,500
33,750
45,000
11,250
45,000
11,250
22,500
11,250
33,750
11,250
61,638
43,400
88,090
10,750
11,250
11,250
11,250
14,050
11,250
61,135
45,000

$22,385
22,185
22,190
33,435
44,520
11,090
44,630
11,115
22,140.
11,120
33,350
11,050
59,392
42,900
84,890
10,690
11,160
11,070
10,980
13,260
10,990
58,464
44,600

$115
315
310
310
485
160
370
135
360
130
400
200
2,246
500
3,200
60
90
180
270
790
260
2,671
400

3,360,000 1

Nov. 3,1891
Dec. 1,1891
Dee. 8,1891
Dec. 22,1891
Dec. 26,1891
Dec. 28,1891
Dec. 31,1891
do
Jan. 12,1892
do

$100,000
50,000
50,000
150,000
250,000
50,000
300,000
50,000
100,000
50,000
150,000
50,000
100,000
200,000
100,000
50,000
50,000
50,000
50,000
50,000
50,000
100,000
200,000

872,878

854,052

18,826

60,000
50,000
300,000
1,000,000
50,000
50,000
208,000
100,000
100,000
50,000
100,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
250,000
50,000
50,000
100,000
100,000
200,000
50,000
50,000
50,000
250,000
50,000
100,000
100,000
50,000
150,000
100,000
50,000

13,500
11,700
45,000
45,000
14,816
11,250
65,480
22,500
22,500
11,250
22,500
14,630
11,250
11,250
22,500
11,250
10,250
11,250
11,250
45,000
13,000
11,250
50,670
21,700
45,000
11,250
11,250
11,250
45,000
11,250
22,500
25,102
11, 250
33,750
22,500
11,250

13,330
11,455
44,358
42,920
13.154
11,050
59,580
21,315
21,115
11,150
22,223
12,545
11,130
11,080
22,190
11,160
10,105
11,150
11,050
44,220
12,610
10,308
47,290
21,540
44,670
11.155
11,030
11,145
43,300
10,080
21,950
22,872
11,065
32,970
21,690
11,150

150
245
642
2,080
1,662
200
5,900
1,185
1,385
100
277
2,085
120
170
310
90
145
100
200
780
390
942
3,380
160
330
95
220
105
1,700
1,170
550
2,230
185
780
810
100

100,000
150,000
50,000
250,000
200,000
50,000

22,500
33,750
11,250
45,000
45,000
10,250

22,080
33,400
11,150
44,440
44,570
10,145

420
350
100
560
430
105

926,910

32,938

43,840
10,465
11,100
33,450
12,810
42,880
10,530

660
285
150
300
690
2,120
202

5,018,000
Nov. 11,1892
Nov. 15,1892
Nov. 26,1892
Dec. 1,1892
....do
Dec. 3,1892
Dec. 5,1892

200,000
50,000
50,000
150,000
60,000
200,000
50,000

44,500
10,750
11,250
33,750
13,500
45,000
10,750

239

EEPOBT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

Dec. 31,1892
First National Bank, Pontiac, Mich
Jan. 4,1893
First National Bank, Castle, Mont
Jan. 10,1893
N. Pemberton Bank, Lawrence, Mass
do.
First National Bank, Lorain, Ohio
Feb. 1,1893
Covington City N. B., Covington, Ky
Feb. 14,1893
Merchants' National Bank, Macon, Ga
iEtna National Bank, Kansas City, Mo... Mar. 9,1893
Mar. 22,1893
Citizens' National Bank, Orlando, Fla
Apr. 1,1893
First National Bank, Lexington, 111
May 22,1893
First National Bank, Burnet, Tex
June 5,1893
Southern N. B., New Orleans, La
First National Bank, Santa Monica, Cal... June 17,1893
Finney County N. B., Garden City, Kans. June 20,1893
Lake National Bank, Wolfboro, N. H . . . . June 29,1893
First National Bank, Wakeeney, K a n s . . . June 30,1893
July 6,1893
First National Bank, Springfield, Mo
Farmers and. Merchants N. B., Rockwall,
July 11,1893
Tex
North Texas National Bank, Dallas, Tex.. July 13,1893
July 18,1893
Hoquiam N. B., Hoquiam, Wash
July 25,1893
Gate City National Bank, Atlanta, Ga
First National Bank, Big Timber, Mont.. July 27,1893
July 29,1893
Orono National Bank, Orono, Me
Aug. 3,1893
Central National Bank, Dallas, Tex
Aug. 10,1893
Fourth N. B., Chattanooga, Tenn
Aug. 15,1893
Merchants' N. B., Fort Worth, Tex
Gallatin Valley N. B., Bozeman, Mont... Aug. 18,1893
Sept. 4,1893
Farmers' N. B., Constantine, Mich
Sept. 19,1893
First National Bank, Mankato, Kans
Sept. 20,1893
Dillon National Bank, Dillon, Mont
do
Gray N. B., Middletown Springs, V t . .
Sept. 21,1893
Frankfort N. B., Frankfort, Ky
First National Bank, Slaughter, Wash.... Oct. 25,1893
Sept. 30,1893
Second National Bank, Helena, Mont
First National Bank, Minneapolis, Kans.. Oct. 9,1893
Oct. 14,1893
First National Bank, Wharton, Tex
Farmers' and Merchants' National Bank,
Oct. 19,1893
Clarksville, Tenn
Total.
York National Bank, York, Nebr
Nov. 6,1893
First National Bank, Genessee, Nebr
Nov. 13,1893
First National Bank, Centerville, Mich... Nov. 25,1893
RandolphNationalBank,Randolph,Mass. Nov. 27,1893
First National Bank, Caldwell, Kans
Dec. 2,1893
First National Bank, Princeton, Minn
Dec. 18,1893
First National Bank, Luling, Tex
Dec. 23,1893
National Bank, Sioux City, Iowa
Dec. 29,1893
State National Bank, Jefferson, Tex
Dec. 30,1893
First National Bank, Rushville, Nebr
Jan. 1,1894
N. B. of Commerce, Provo City, Utah
Jan. 2,1894
First National Bank, Fredonia, Kans
do
Citizens' National Bank, Whitewater, Wis. Jan, 9,1894
Farmers' and Merchants' National Bank,
Union City, Tenn
Jan. 10,1894
First National Bank, Geneva, Nebr
Jan. 30,1894
First National Bank, Centralia, Wash
Feb. 1,1894
First National Bank, Opelousas, La
Feb. 3,1894
State National Bank, Dallas, Tex
Feb. 10,1894
First National Bank, Kinsley, Kans
Feb. 15,1894
American N. B., Salt Lake City, U t a h . . . . Feb. 24,1894
First National Bank, Clinton, Mo
Feb. 28,1894
First N. B., Medicine Lodge, Kans
Mar. 1,1894
Globe National Bank, Kalispel, Mont
Mar. 2,1894
First National Bank, De Witt, Nebr
Mar. 12,1894
First National Bank, Harrisonville. Mo... Mar. 17,1894
Union N. B., Salt Lake City, Utah
Mar. 23,1894
Aspen National Bank, Aspen, Colo
Apr. 9,1894
First National Bank, Fairfield, Nebr
Apr. 10,1894
Sagadahock National Bank, Bath, Me
Apr. 11,1894
Merchants' and Manufacturers' National
Bank, Detroit, Mich_
Apr. 14,1894
First National Bank, Jerseyville, 111
Apr. 28,1894
American National Bank, Salina, Kans.,. .1 Apr> 30,1894
First National Bank, Denison, Tex
!
do
First N. B., Boulder Valley, Mont
! May 1,1894
First National Bank, Hopkins, Mo
j
do
First N. B., Mystic Bridge, Conn
i May 21,1894




Capital.

Issued.

I Retired.

$100,000
65,000
150, 000
75,000
500,000
100, 000
250,000
100,000
50,000
75,000
500, 000
50,000
50,000
50,000
50,000
50,000

$21, 750
14,020
143,010
16,095
225,000
21,800
44,550
21,880
16, 410
16,150
45, 000
10, 250
10,750
29,360
10,290
11,250

$19, 603
13,860
139,070
15, 510
212,992
21,380
42,950
21,545
15,990
15,700
43,900

50,000
1,000,000
50,000
250,000
50,000
50,000
150,000
150,000
250,000
100,000
50,000
60,000
50,000
50,000
100, 000
50,000
75,000
50,000
50,000

11,250
45,000
11,250
44,000
10, 750
13,720
33;750
44,200
45,000
22,000
11,250
13,500
10,750
11,250
22,500
11,250
17, 420
11,250
11,250

10,910
43,250
11,100

10,110
10,610
26,913
10,080
9,197

41, 700
10,560
12,490
33,050
43,610
43,400
15,600
10,650
13,240
10,440
10,920
22,000
11,110
16,575
11,003
11,000

Outstanding.
$2,147
160
3,940
585
12,008
420
1,600
335
420
450
1,100
140
140
2,447
210
2,053
340
1,750
150
2,300
190
1,230
700
590
1,600
6,400
600
260
310
330
500
140
845
247
250

100,000

22,100

21,450

650

5,110,000

1,250,505

1,198,543

51,962

100,000
50,000
50, 000
200, 000
50,000
50, 000
50,000
900, 000
50, 000
50,000
50,000
50,000
75,000

21,847
11,250
10, 650
172,050
10,250
10,870
11,250
43,950
9,050
10,750
10, 750
10, 400
15,195

21,377
10,960
9?450
164,230

9,920
10,755
11,050
42,800
8,890
10,520
10,500
10,190
14,553

470
290
1,200
7,820
330
115
200
1,150
160
230
250
210
642

100,000
50,000
50,000
50,000
400,000
50,000
250,000
100,000
50,000
50,000
50,000
50,000
400,000
100,000
50,000
100,000

22,350
10,800
11,700
10, 850
43, 800
11,250
43,500
21,450
11,250
10,930
10,750
10,850
43,950
21,880
10,750
43,925

21,500
10,590
11,455
10,440
42,750
10,930
42,995
19,600
10,950
10,735
10,675
10,500
42,870
20,738
10,500
41,190

850
210
245
410
1,050
320
505
1,850
300
195
75
350
1,080
1,142
250
2,735

500,000
50,000
100,000
150,000
50,000
50,000
150,000

34,310
10,850
21,550
43,050
11,250
10,750
33,010

31,408
10,193
20,690
40,800
10,980
10,370
29,164

2,902
657
860
2,250
270
380
3,846

240

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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.

liquidation.

First National Bank, Kendallville, Ind... May 24,1894
May 30,1894
First National Bank, Columbus, Miss
June 7,1894
Deadwood N. B., Deadwood, S. Dak
June 8,1894
Merchants' N. B., Deadwood, S. Dak
June 16,1894
First National Bank, Sterling, Nebr
Gate City National Bank, Texarkana, Ark June 30,1894
Garden City National Bank, San Jose, Cal. July 1,1894
do
First National Bank, Constantine, Mich..
Socorro National Bank, Socorro, N. Mex.. July 16,1894
First National Bank, Dodge City, Kans.. July 27,1894
July 28,1894
State National Bank, Denver, Colo
Washington N. B., Spokane Falls, Wash. July 30,1894
Aug. 1,1894
Bates County N. B., Butler, Mo
First National Bank, Montesano, Wash.. Aug. 20,1894
First National Bank, Fort Pierre, S. Dak. Aug. 28,1894
Farmers' and Merchants' National Bank,
Aug. 29,1894
Auburn, Nebr
Sept. 1,1894
Kansas National Bank, Topeka, Kans
.
do
First National Bank, Ireton, Iowa
Sept. 10,1894
First National Bank, Bessemer, Ala
Sept. 12,1894
First National Bank, Lincoln, Kans
do
Cottonwood Valley N. B., Marion, Kans.
Sept. 15,1894
First National Bank, Oswego, Kans
Oct. 10,1894
First National Bank, Gibbon, Nebr
Riverside National Bank, Riverside, Cal. Oct. 20,1894
Oct. 30,1894
Meridian N. B., Indianapolis, Ind
Total
Nov. 1,1894
First National Bank, Nashua, Iowa
Nov. 5,1894
First National Bank, Kirksville, Mo
do
Blaine National Bank, Blaine, Wash
Nov. 26,1894
National Bank of Fayetteville, N. Y
Nov 27,1894
Lime Rock N. B., Providence, R. I
First National Bank, Palouse City, Wash. Dec. 17,1894
American National Bank, Gal veston, Tex. Dec. 19,1894
Dec. 26,1894
First National Bank, Arapahoe,Nebr
Commercial National Bank, Seattle, Wash. Dec. 29,1894
City National Bank, Denver, Colo
Jan. 7,1895
Helena National Bank, Helena, Mont
Jan. 8,1895
do
City National Bank, Birmingham, Ala...
Jan. 12,1895
Security N. B., Grand Island, Nebr
Jan. 18,1895
First National Bank, Lyons, Kans
Jan. 23,1895
First National Bank, Ouray, Colo
Jan. 28,1895
First National Bank, Waynesboro, Pa
Feb. 1,1895
First National Bank, Anaconda, Mont
Feb. 18,1895
McPherson N. B., McPherson, Kans
Feb. 19,1895
First National Bank, Hurley, Wis
Mar. 4,1895
First National Bank, Graham, Tex
Mar. 26,1895
National Bank of Deming, N. Mex
Apr. 1,1895
Merchants' N. B., Battle Creek, Mich
Apr. 10,1895
Salina National Bank, Salina, Kans
Apr. 15,1895
First National Bank, Natchez, Miss
First N. B., Red Lake Falls, Minn
.....do..
Corn Exchange N. B., Sioux City, Iowa.. Apr. 29,1895
Apr. 30,1895
First National Bank, Rico, Cal
May 10,1895
First National Bank, Shelton, Nebr
May 15,1895
First National Bank, Moberly, Mo
Fifth National Bank, San Antonio, Tex.. May 29,1895
June 18,1895
First National Bank, Haskell, Tex
June 20,1895
First National Bank, Augusta, Ky
Oklahoma N. B., Oklahoma City, Okla... July 15,1895
People's National Bank, Colorado, Tex... July 22,1895
Citizens' National Bank, Tacoma, Wash .. Julv 27,1895
First National Bank, Cherryvale, Kans... Aug. 1,1895
Idaho National Bank, Pocatello, Idaho... Aug. 5,1895
First National Bank, Spearfish, S. Dak... Sept. 3,1895
Oct. 1,1895
First National Bank, Tower, Minn
Oct. 8,1895
First N. B., Fort Madison, Iowa
Oct. 12,1895
First National Bank, Aberdeen, Wash
Oct. 24,1895
First National Bank, Creighton, Nebr
Oct. 31,1895
First N. B., East Portland, Oreg
Total

New Mexico N. B., Socorro, N. Mex
Bonham National Bank, Bonham, Tex...
First National Bank, Kirwin, Kans
Farmers' National Bank, Muncie, Ind



Nov.
Nov.
Nov.
Nov.

16,1895
20,1895
21,1895
26,1895

Capital.

Issued.

Retired.

Outstanding.

$50,000
"5,000
100,000
100,000
50,000
50,000
100,000
50,000
50,000
50,000
50,000
250,000
125,000
50,000
50,000

$44,300
66,600
21,500
22,500
10,750
9,390
21,900
12,780
11,250
11,250
11,250
45,000
36,541
11,250
11,250

$42,407
63,700
20,945
22,140
10,510
9,170
21,380
11,675
11,060
10,830
9,960
44,220
34,516
11,070
11,080

50,000
300,000
50,000
50,000
50,000
50,000
60,000
50,000
100,000
200,000

10,750
43,800
11,350
11,250
10,750
11,250
16,440
11,250
45,000
114,960

10,620
41,500
11,080
10,600
10,415
11,050
15,980
10,410
44,040
109,191

6,835,000

1,487,328

1,426,767

60,561

50,000
50,000
50,000
60,000
500,000
75,000
300,000
50,000
100,000
200,000
400,000
100,000
108,100
50,000
50,000
75,000
100,000
50,000
50,000
50,000
50,000
100,000
100,000
100,000
50,000
150,000
50,000
50,000
100,000
125,000
50,000
50,000
50,000
50,000
100,000
50,000
50,000
50,000
50,000
100,000
50,000
50,000
100,000

11,250
11,250
11,250
13,100
48,908
16,470
45,000
10,770
21,430
45,000
63,000
22,500
45,000
10,850
11,250
15,320
22,500
10,050
10,850
11,250
11,250
39,260
21,650
22,100
11,250
44,500
11,250
11,250
19,500
28,800
11,250
11,470
11,250
11,250
22,500
10,950
11,250
11,250
10,950
22,500
11,250
11,250
22,500

10,510
10,860
11,020
9,284
44,981
16,060
43,963
10,400
20,800
41,969
62,050
21,350
44,343
10,440
11,045
13,505
21,750
9,650
10,610
11,090
11,060
37,290
20,820
21,355
10,750
43,210
10,890
11,023
18,970
27,790
11,025
11,250
11,050
11,180
21,985
10,565
11,125
11,090
10,700
21,870
11,005
11,013
21,840

740
390
230

4,143,100

857,428

824,536

32,892

50,000
50,000
50,000
100,000

11,250
11.250
11,250
22,940

11,035
10,550
10,775
22,580

215
700
475
360

$1,893
2,900
555
360
240
220
520

1,105
190
420

1,290
780

2,025
180
170
130

2,300
270
650
335
200
460
840
960

5,769

3,816
3,927
410

1,037
370
630

3,031
950

1,150
657
410
205

1,815
750
400
240
160
190

1,970
830
745
500

1,290
360
227
530

1,010
225
220
200
70
515
385
125
160
250
630
245
237
660

241

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—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, Pratt, Kans
Dec. 5,1895
Dec. 31,1895
First National Bank, Creede, Colo
First National Bank, Puyallup, Wash
Jan. 1,1896
First National Bank, Reno, Nev
Jan. 2,1896
Jan. 14,1896
Capital N. B., Bismarck, N. Dak
.do...
Rockwall County N. B., Rockwall, Tex
Jan. 15,1896
Inter State N. B,, Texarkana, Tex
Farmers and Drovers' National Bank,
SQIX>ors Isl Y
Jan. 16,1896
New Duluth N.B.,New Duluth, Minn.... Jan. 31,1896
Feb. 1,1896
National Bank, Canton, S. Dak
do
State National Bank, Denver, Colo «
•
American National Bank, Omaha, Nebr.. Feb. 25,1896
Mar. 2,1896
Winnsboro N. B., Winnsboro, S. C
Ballinger National Bank, Ballinger, Tex. . Mar. 14,1896
Mar. 26,1896
Merchants' N. B., Muskegon, Mich
National Bankof Dakota,Huron, S. Dak.. Apr. 18,1896
Mav 14,1896
Iron City National Bank, Llano, Tex
May 26,1896
First National Bank, Morris, Minn
June 9,1896
Portland N. B., Portland, Oreg
June 10,1896
Southern N. B., New York, N. Y
Chautauqua County National Bank,
June 18,1896
Jamestown, N. Y
do
City National Bank, Jamestown, N. Y . . .
June 22,1896
Home N. B., East Saginaw, Mich
La Crosse National Bank, La Crosse, Wis. July 1,1896
Traders' National Bank, Providence, 11.1. . . . . . d o .
Watertown N. B., Watertown, S. Dak.... July 10,1896
July 28,1896
First National Bank, Andes, N, Y
July 31,1896
First National Bank, Uvalde, Tex
Farmers' National Bank, Malvern, Iowa. Aug. 6,1896
Oct. 10,1896
Fairhaven N. B., Fair haven, Wash
Total

Capital.
Issued.

Retired.

Outstanding.

$50,000
50,000
75,000
200,000
50,000
50,000
100,000

$11,250
11,250
16,875
45,000
11,250
11,250
27,770

$10,-740
10,985
16,560
43,260
10,970
9,900
26,820

$510
265
315
1,740
280
1,350
950

100,000
50,000
50,000
300,000
200,000
100,000
100,000
100,000
50,000
60,000
50,000
100,000
500,000

63,230
11,250
10,900
44,000
45,000
22,500
22,500
22,500
11,250
13,500
11,250
22,500
378,900

59,860
11,040
10,650
42,710
42,040
21,049
21,250
21,618
10,945
13,040
10,820
21,765
372,855

3,370
210
250
1,290
2,960
1,451
1,250
882
305
460
430
735
6,045

200,000
100,000
200,000
200,000
200,000
50,000
60,000
50,000
50,000
50,000

52,200
25,933
180,000
45,000
49,507
11,250
53,724
11,250
11,250
11,250

48,526
23,312
172,298
42,416
46,230
10,640
51,089
10,820
10,950
11,020

3,674
2,621
7,702
2,584
3,277
610
2,635
430
300
230

3,745,000

1,321,979

1,271,118

50,861

11,250
45,000
11,910
11,250
11,250
22,500
21,058

10,780
42,370
11,750
11,020
10,910
21,805
20,706

470
2,63C
160
230
340
695
352

11,250
11,250
11,250
37,458
11,250
22,500
11,250
11,250
11,250
11,250
45,000
11,250
11,250
11,250
22,500
45,000
11,250
33,750
25,356
11,250
! 1,250
22,500
45,000
16,920
22,500
13,500
11,250
45,850
45,000
11,250
11,250
22,500
11,250

10,835
10.800
10,810
34,093
11,075
21,630
10,750
10,990
10,968
10,730
42,165
11,250
10,740
10,900
21,630
43,365
10,925
31,850
21,146
10,830
10,780
21,510
43,305
16,340
22,020
12,995
10,350
43,400
44,487
9,850
10,820
20,700
10,770

415
450
440
3,365
175
870
500
260
282
520
2,835

Nov. 10,1896
National Bank, Corning, Iowa
50,000
200,000
Nov. 16,1896
National Bank, Troy, N. Y
50,000
First National Bank of Gothenburg, Nebr. Dec. 10,1896
50,000
Smelter National Bank of Durango, Colo.. Dec. 14,1896
50,000
First National Bank of Goldendale, Wash. Dec. 17,1896
50,000
.do
Exchange N. B. of El Dorado, Kans
50,000
Farmers and Merchants' National Bank Dec. 22,1896
of Cawker City, Kans.
First National Bank of Ness City, Kans.. Dec. 24,1896
50,000
First National Bank of Pierce, Nebr
50,000
Dec. 31,1896
First National Bank of Bridgeport, Ala... Jan. 1,1897
50,000
Holliston N. B. of Holliston, Mass..
do
100 000
do
50,000
Crete National Bank of Crete, Nebr
100,000
Jan. 13,1897
City National Bank of Streator, 111
50,000
Jan. 29,1897
First National Bank of Cisco, Tex
50,000
First National Bank of Oakesdale, Wash. Feb. 1,1897
50,000
Feb. 10,1897
First National Bank of Nocona, Tex
50,000
do
First National Bank of Philipsburg, Mont.
100,000
Feb. 15,1897
First National Bank of Winston, N. C
50,000
...do
Merchants' N. B. of Redfield, S. Dak
.do
50,000
First National Bank of Chester, 111
do
50,000
First National Bank of Sturgis, S. Dak...
100,000
Feb. 16,1897
Commercial N. B. of Roanoke, Va
700,000
Feb. 19,1897
Atlas National Bank of Chicago, 111
50,000
Feb. 25,1897
Snohomish N. B. of Snohomish, Wash
150,000
Feb. 27,1897
Mercantile N. B. of Dallas, Tex
100,000
Mar. 2,1897
First National Bank of Ionia, Mich
50,000
First National Bank of Sutherland, Iowa. Mar. 15,1897
50,000
Mar. 16,1897
Merchants' N.7 B. of Brownwood, Tex
100,000
do
Manufacturers N. B. of Pittsburg, Kans..
200,000
Mar. 17,1897
N. B. of Commerce of Duluth, Minn
75,000
Mar. 22,1897
Citizens' N. B. of Fergus Falls, Minn
100,000
Farmers' N. B. of Arkansas City, Kans... Mar. 24,1897
60,000
Mar. 27,1897
First National Bank of Merrill, Wis
50,000
St. Paul National Bank of St. Paul, Nebr. Mar. 31,1897
500,000
Chemical National Bank of St. Louis, Mo. Apr. 1,1897
500,000
Apr. 3,1897
State National Bank of St. Joseph, Mo
50,000
Anderson County N. B. of Garnett, Kans. Apr. 5,1897
50,000
Apr. 9,1897
First National Bank of Exeter, Nebr
100,000
Wyandotte N. B. of Kansas City, Kans... Apr. 13,1897
50,000
Apr. 15,1897
First N. B. of West Moreland, Kans
i Formerly insolvent.
62280—CUB 1908
16



510
350
870
1,635
325
1,900
4,210
420
470
990
1,695
580
480
505
900
2,450
513
1,400
430
1,800
480

242

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE

PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.
German-American National Bank of St.
Cloud, Minn
Three Rivers N. B. of Three Rivers, Mich.
Exeter National Bank of Exeter, Nebr...
First National Bank of Hillsboro, Oreg...
First National Bank of Romeo, Mich
Chanute N. B. of Chanute, Kans
N. B. of the Republic, St. Louis, Mo
Third National Bank, New York, N. Y..
Fourth National Bank, Columbus, Ohio..
National Bank of Heppner, Oreg
Metropolitan N. B., Kansas City, Mo
South Milwaukee National Bank, South
Milwaukee, Wis
First National Bank, Alamosa, Colo
First National Bank, St, Louis, Mich
Farmers' National Bank, Culpeper, Va...
Mercantile N. B., Hartford, Conn
YVellsboro National Bank, Wellsboro, Pa.
N. B. of the Republic, Washington, D. C.
Nebraska National Bank, York, Nebr
First National Bank, Mason, Tex
Midland National Bank, Kansas City, Mo.
First National Bank, Oberlin, Kans
First National Bank, Dighton, Kans
First National Bank, Liberty, Nebr
Prairie State National Bank, dicago, 111.
First National Bank, Greensburg, Ind
First National Bank, New Albany, Ind ..
First N. B., Grand Junction, Colo
Total.
Nat. Live Stock Bank, Fort Worth, Tex .
First National Bank, Tobias, Nebr
First National Bank, Clark, S. Dak
Government N. B., Pottsville, Pa
First National Bank, Athens, Pa
First National Bank, Ovid, Mich
First National Bank, Appleton, Minn
First N. B., Oklahoma City, Okla
Home National Bank, Chicago, 111
Fort Smith N. B., Fort Smith, Ark
National Bank, Asheville, N. C
Merchants' National Bank, Rome, Ga
Hide and Leather N. B., Chicago, 111
United States N. B., New York, N. Y....
Citizens' National Bank, Itasca, Tex
First National Bank, Russellville, Ark...
Ohio National Bank, Washington, D. C
National Bank, Winthrop, Me
First National Bank, Bath, N. Y
N. B. of the Republic, Philadelphia, Pa..
National Bank, Odessa, Mo
First National Bank, Pomeroy, Wash
Central National Bank, Pueblo, Colo
Alexandria N. B., Alexandria, Ind
First National Bank, Osage City, Kans...
Citizens' National Bank, Concordia, Kans.
First National Bank, Aspen, Colo
National Bank of America, Chicago, 111...
American Exchange N. B., Chicago, 111...
National City Bank, Boston, Mass..
First National Bank, Waterville, Wash...
First National Bank, Lacrosse, Kans
First National Bank, Montague, Tex
First National Bank, Abilene, Tex
First National Bank, Bathgate, N. Dak..
N. B. of Commerce, New Bedford, Mass..
Hill County N. B., Hillsboro, Tex
First National Bank, Killingly, Danielsonville, Conn
Seventh National Bank, Philadelphia, Pa.
Standard National Bank, New York, N. Y.
Abilene National Bank, Abilene, Tex
Commercial N. B., Portland, Oreg
Everett National Bank, Boston, Mass
Commercial National Bank of Pennsylvania, Philadelphia, Pa



Circulation.

Date of
liquidation.

Capital.

Apr. 20,1897
Apr. 27,1897
Apr. 30,1897
May 1,1897
do
May 6,1897
May 18,1897
May 20,1897
June 16,1897
June 19,1897
June 30,1897

$100,000
64,000
50,000
50,000
100,000
60,000
300,000
1,000,000
100,000
50,000
500,000

$22,500
14,400
11,250
11,250
25,278
13,500
45,000
374,165
76,500
11,250
45,000

$21,735
13,300
10,835
10,870
21,866
13,115
41,600
359,863
72,940
10,810
43,480

$765
1,100
415
380
3,412
385
3,400
14,302
3,560
440
1,520

July 1,1897
do
July 6,1897
July 12,1897
July 20,1897
Aug. 6,1897
Aug. 11,1897
Aug. 21,1897
Aug. 23,1897
Aug. 27,1897
Sept. 10,1897
Oct. 1,1897
do.
Oct. 15,1897
Oct. 26,1897
.....do.:
Oct. 30,1897

50,000
50,000
50,000
50,000
500,000
50.000
200;000
50,000
50,000
500,000
50,000
50,000
50,000
200,000
100,000
200,000
50,000

36,000
11,250
11,250
11,250
50,750
11,250
165,223
11,250
11,250
45,000
11,250
11,250
11,250
45,000
29,905
53, 467
11,250

34,500
10,745
10,805
10,660
44,953
10,980
154,411
10,800
10, 670
43, 010
10, 600
10,805
10, 760
44, 600
25, 901
45,125
10,870

1,500
505
445
590
5,797
270
10,812
450
580
1,990
650
445
490
400
4,004
8,342
380

1,884,759

105,231

Issued.

9,009,000

Nov. 1,1897
....do
do
Nov. 8,1897
Nov. 30,1897
Dec. 1,1897
.do.
Dec. 6,1897
Dec. 7,1897
Dec. 9,1897
Dec. 11,1897
Dec. 15,1897
Dec. 22,1897
Dec. 23,1897
.....do

Retired.

Outjtanding.

do..
.....do
Jan. 15,1898
Jan. 22,1898
Feb. 1,1898
.do.
....do
Feb. 11,1898
do.
Feb. 15,1898
Feb. 24,1898
Feb. 28,1898
Mar. 7,1898
Mar. 25,1898
Mar. 26,1898
Apr. 1,1898
Apr. 5,1898

100,000
50,000
60,000
100,000
50,000
50,000
50,000
50,000
250, 000
100,000
100,000
100,000
300,000
500, 000
60,000
50,000
200,000
50,000
50,000
500,000
100,000
50,000
50,000
50,000
50,000
50,000
100,000
1,000,000
1,000,000
1,000,000
50,000
50, 000
50,000
100,000
50,000
1,000,000
50,000

33,750
11,250
13,500
49,379
25,021
11,250
11,250
11,250
1,066
22,500
25,900
45,000
45,000
128, 950
13,500
11,250
61,870
14,405
18,477
233,112
22,500
11,250
11,250
22,500
11,250
11,250
22,500
199,420
45,000
57,415
11,250
11,250
11,250
22,500
11,250
67,368
11,250

32, 500
10, 790
12, 700
42,727
22,223
10,800
10,540
10,850
327
21,350
24,300
43,685
41,655
112,680
12, 960
10,820
59, 740
11, 988
15,152
215,159
21,290
10, 690
10,540
21, 450
10, 735
10, 450
21,358
182.540
41', 800
46; 559
10,850
10,805
10,580
21, 520
10,680
50,110
10,700

1,250
460
800
6,652
2,798
450
710
400
739
1,150
1,600
1,315
3,345
16,270
540
430
2,130
2,417
3,325
17, 953
1,210
560
710
1,050
515
800
1,142
16,880
3,200
10,856
400
445
670
980
570
17,258
550

Apr. 11,1898
Apr. 13,1898
Apr. 26,1898
May 3,1898
May 13,1898
May 19,1898

110,000
200,000
200,000
100,000
500,000
400,000

40, 918
51,445
45,000
22,500
45,000
97,000

36, 773
44,600
44,390
21,610
42,200
89,625

4,145
6,845
610
890
2,800
7,375

May

810,000

62,405

47,565

14,840

Dec. 30,1897
Dec. 31,1897
.do
Jan. 10,1
Jan. 11,1

31,1898 '

243

EEPOBT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE

PROVISIONS OF SECTIONS 5220 AND 5221 OP THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.

Date of
liquidation.

Issued.

Retired.

Outstanding.

1,1898
8,1898
15,1898
25,1898
1,1898

$100,000
100,000
60,000
50,000
100,000

$23,400
28,125
13,500
11,250
22,500

$21,800
27,145
12,790
11,250
21,130

$1,600
980
710

....do
....do
July 28,1898
Aug. 1,1898
Aug. 13,1898
Aug. 17,1898
Sept. 5,1898
Sept. 15,1898
Sept. 26,1898
Oct. 1,1898
Oct. 4,1898

100,000
50,000
200,000
50,000
100,000
300,000
50,000
50,000
100,000
100,000
50,000

22,500
11,250
45,000
11,250
22,500
45,000
11,250
46,755
22,500
22,000
48.050

21,585
10,760
42,170
10,725
21,813
42,930
10,560
43,830
21,643
20,560
46,050

915
490
2,830
525
687
2,070
690
2,925
857
1,440
2,000

11,450,000
Total.
100,000
Nov. 19,1898
Pontiac National Bank, Pontiac, Mich
100,000
Nov. 30,1898
First National Bank, Jacksonville, 111
Farmers and Merchants' National Bank,
50,000
Dec. 5,1898
Hickman, Ky
Dec. 6,1898 1,000,000
Globe National Bank, Chicago, 111
Dec. 8,1898 1,000,000
Boston National Bank, Boston, Mass
Columbian National Bank, Boston, Mass.. Dec. 9,1898 1,000,000
Dec. 12,1898
500,000
Lincoln National Bank, Boston, Mass
Dec. 13,1898 1,000,000
National Eagle N. B., Boston, Mass
Dec. 17,1898
800,000
Market National Bank, Boston, Mass
1,000,000
....do
Howard National Bank, Boston, Mass
1,000 000
....do
North National Bank, Boston, Mass
1,000,000
Dec. 19,1898
National Revere Bank, Boston, Mass
Treinont National Bank, Boston, Mass... Dec. 20,1898 1,000,000
200,000
do.
Second National Bank, Springfield, Ohio.
50,000
Dec. 21,1898
City National Bank, Greenville, Tex
1,000,000
Dec. 22,1898
N. B. of North America, Boston, Mass
Dec. 30,1898
50,000
First National Bank, Pineville, Ky
50,000
First National Bank, Beaver City, Nebr.. Dec. 31,1898
100,000
Tyler National Bank, Tyler, Tex
.....do
100,000
Jan.
5,1899
First National Bank, Cleburne, Tex
75,000
....do
Rogersville N. B., Rogessville, Tenn
200,000
Jan. 6,1899
Sixth National Bank, New York, N. Y . . .
Continential National Bank, Boston, Mass Jan. 9,1899 1,000,000
500,000
do
Manufacturers' N. B., Boston, Mass
750,000
Hamilton National Bank, Boston, Mass.. Jan. 10,1899
Jan. 13,1899
750,000
Tradesmen's N. B., New York, N. Y.»
Jan. 16,1899
150,000
First National Bank, Quincy, 111
St. Louis National Bank, St. Louis, Mo... Jan. 17,1899 1,000,000
50,000
Eastland National Bank, Eastland, Tex.. Feb. 1,1899
50,000
Merchants' N. B., Grand Forks, N. Dak.. Feb. 6,1899
do
100,000
First National Bank, Saginaw, Mich
Feb. 21,1899
250,000
Citizens' N. B., New Bedford, Mass
Mar. 1,1899
50,000
First National Bank, Wenona, 111
do
50,000
First National Bank, Sanborn, Iowa
.
do
100,000
First National Bank, Salem, Oreg
Mar. 4,1899
70,000
Simpson National Bank, Eagle Pass, Tex.
50,000
Citizens' National Bank, Dayton, Wash.. Mar. 11,1899
Mar. 16,1899
50,000
First National Bank, Pana, 111
Mar. 25,1899
50,000
Geneva National Bank, Geneva, Nebr
Apr. 1,1899
500,000
American National Bank, Denver, Colo... Apr. 8,1899
100,000
American National Bank, Lima, Ohio
50,000
People's National Bank, Americus, Ga... Apr. 15,1899
75,000
Thompson National Bank, Putnam, Conn Apr. 24,1899
Apr. 25,1899
600,000
Continental N. B., Memphis, Tenn
50,000
First National Bank, Elm Creek, Nebr... May 15,1899
National Farmers and Planters' Bank,
800,000
May 16,1899
Baltimore, Md
50,000
First National Bank, Kendrick, Idaho... May 20,1899
200,000
National Exchange Bank, Salem, Mass... June 1,1899
200,000
June 17,1899
American Exchange N. B., Lincoln, Nebr.
80,000
June 19,1899
First National Bank, Russell, Kans.a
50,000
Smith County N. B., Smith Center, Kans. June 30,1899
100,000
Union National Bank, Sioux Falls, S. Dak July 1,1899
July 3,1899
100,000
Jamestown N. B., Jamestown, N. Y
300,000
Globe National Bank, Providence, R. I...I July 12,1899
100,000
Central National Bank, Springfield, Mo... Julv 28,1899
a Formerly insolvent.

2,119,231

1,939,107

180,124

Stock Growers' N. B., Pueblo, Colo
First National Bank, Ashland, Wis
Weldon National Bank, Ladonia, Tex
First National Bank, Waitsburg, Tex
First National Bank, Brownwood, Tex...
Farmers and Merchants' National Bank,
Waco, Tex
First National Bank, Holstein, Iowa
Citizens' National Bank, Kansas City, Mo.
First National Bank, St. Paul, Nebr
First National Bank, Hannibal, Mo
Central National Bank, Milwaukee, Wis..
Middleport N. B., Middleport, Ohio
First National Bank, Mason City, 111
Mankato N. B., Mankato, Minn
Citizens' National Bank, Sandusky, Ohio.
First National Bank, Ashburnham, Mass.




June
June
June
June
July

Circulation.
Capital.

22,500
84,105

21,050
76,542 I

1,370

1,450
7,563

11,250
45,000
63,048
277,458
169,890
56,747
57,907
60,118
111,082
80,315
57,705
84,472
11,250
165,223
10,750
11,250
22,500
22,500
16,870
171,212
61,590
271,607
50,298
198,690
44,500
189,200
11,250
11,250
48,196
107,148
11,250
11,250
22, 495
28,530
11,250
11,250
11,250
83,210
22,500
11,250
24,233
44,400
10,750

10,833
42, 460
42,339
246,274
163,950
45,288
46,687
45,801
88, 541
59,817
47,202
76,345
10,800
144,195
10,030
10,770
20,950
21,548
15,650
156,740
48,027
259,326
42,790
175,501
39, 489
179,079
10,965
10,863
44,430
99,338
10,500
10,580
21,280
27,495
10,560
10,975
10,570
74,293
20,085
10,390
21,724
41,570
10,220

417
2,540
20,709
31,184
5,940
11,459
11,220
14, 317
22,541
20,498
10,503
8,127
450
21,028
720
480
1,550
952
1,220
14, 472
13, 563
12,281
7,508
23,189
5,011
10,121
285
387
3,766
7,810
750
670
1,215
1,035
690
275
680
8,917
2,415
860
2,509
2,830
530

223,212
11,250
51,240
45,000
18,000
25,200
22,500
22,500

198,264
10,500
45,913
42,530
16,980
24,535
21,845
21,635
119,247
84,570

24,948
750
5,327
2,470
1,020
665
655
865
11,333
4,930

130,580
89,500

244

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.

Date of
liquidation.

Franklin National Bank, New York, N. Y
Elkhart National Bank, Elkhart, Ind
Wise County National Bank, Decatur, Tex
First National Bank, Buchanan, Va
Miles National Bank, Delta, Pa
Louisville City N. B., Louisville, Ky
First National Bank, Auburn, Ind
First National Bank, Broken Bow, Nebr..

Aug. 1,1899
Sept. 5,1899
Sept. 7,1899
Sept. 30,1899
Oct. 2,1899
Oct. 18,1899
Oct. 23,1899
....do

Total.
First National Bank, Chehalis, Wash
Traders' National Bank, Baltimore, Md..
Purcell National Bank, Purcell, Ind. T...
Manufacturers' N. B., Providence, R. 1...
First National Bank, Nacogdoches, Tex..
First National Bank, Dunkirk, Ind
First National Bank, Harvard, Nebr
City National Bank, Providence, R. I
First National Bank, Island City, Oreg...
First National Bank, Colton, Wash
Third National Bank, Providence, R. I...
Roger Williams N. B., Providence, R. I.
Pacific National Bank, Pawtucket, R. I.
First National Bank, Pawtucket, R. I . . .
Nownan National Bank, Newnan, Ga...
First National Bank, Longmont, Colo...
First National Bank, Homer, N. Y
Slater National Bank, Pawtucket, R. I...
Greenwich N. B., East Greenwich, R. I.
N. B. of Rhode Island, Newport, R. I.a...
Citizens' National Bank, Lyons, Iowa...
First National Bank, Provo City, Utah...
First N. B., Blooming Grove, Tex
,
Woonsocket N. B., Woonsocket, R. I
First N. B., Independence, Oreg
Phenix National Bank, Phenix, R. I
First National Bank, Goldfield, Iowa
First National Bank, Littlestown, Pa
Total.
First National Bank, Bristol, R.I
National Eagle Bank, Bristol, R. I
American National Bank, Orange, Va
Everett National Bank, Everett, Wash.
Nicollet N. B., Minneapolis, Minn
First National Bank, Moulton, Tex
Flour City N. B., Minneapolis, Minn
First National Bank, Goldthwaite, Tex.
First N. B., South Nor walk, Conn
Berney N. B., Birmingham, Ala
First National Bank, Guernsey, Wyo
Independence N. B., Philadelphia, Pa...
Centreville N. B., Thurman, Ohio
Continental N. B., New York, N. Y
National Bank of Wilmington, N. C
First National Bank, Orangeburg, S. C
Pascoag National Bank, Pascoag, R. I...
Farmers' and Mechanics' National Bank,
Washington, Pa
First National Bank, Vassar, Mich
First National Bank, Pawnee City, Nebr
City National Bank, Poughkeepsie, N. Y
National Phenix Bank, Westerly, R. I . . .
Citizens' N. B., Fairhaven, Wash
People's N. B., Martinsburg, W. Va
N. B. of the Republic, New York, N. Y.
Poughkeepsie N. B., Poughkeepsie, N. Y

Circulation.
Capital.

$45,000
11,250
13,000
11,250
11,250
62,387
12,905
16,875

$200,000
50,000
60,000
50,000
50,000
200,000
50,000
75,000

3

700

Q

Retired.

Outstanding.

$43,425
10,520
12,130
10,380
10,640
46,206
11,320
16,020

$1,575
720
870
870
610
16,181
1,585
855

3,340,532

392,866

50,000
230,000
50,000
500,000
50,000
50,000
50,000
500,000
50,000
50,000
300,000
499,950
200,000
300,000
50,000
50,000
100,000
300,000
60,000
100,000
100,000
50,000
50,000
200,000
50,000
100,000
30,000
25,000

11,250
45,000
11,250
68,093
11,250
11,250
11,250
230,340
11,250
11,250
55,864
54,590
95,015
97,478
45,000
11,475
45,000
196,840
17,100
83,700
25,000
12,500
12,500
200,000
12,500
26,470
7,500

10, 630
40,676
10,640
57,556
10,700
10,628
10,735
222,346
10,520
10,790
45,443
49,735
88,648
89,525
42,260
10,815
40,520
182,978
15,980
78,703
23,640
11,630
11,660
187,348
11,980
20,230
7,500

620
4,324
610
10,537
550
622
515
7,994
730
460
10,421
4,855
6,367
7,953
2,740
660
4,480
13,862
1,120
4,997
1,360
870
840
12,652
520
6,240

1,313,816
23,849
18,450
24,170
23,528
47,048
5,810
43,750
11,760
23,436
46,960
24,040
62,370
44,292
301,546
44,890
28,860
92,385

106,899

20,485,000

Nov. 6,1899
Nov. 15,1899
Dec. 30,1899
....do
do.
Jan. 1,1900
Jan. 10,1900
Jan. 17,1900
Jan. 20,1900
Jan. 25,1900
do
Jan. 30,1900
Mar. 8,1900
do
Mar. 10,1900
Mar. 15,1900
Mar. 16,1900
Mar. 31,1900
Apr. 30,1900
May 3,1900
June 11,1900
June 30,1900
do
July 19,1900
Aug. 4,1900
Aug. 30,1900
Sept. 20,1900
Oct. 11,1900

Issued.

4,144,950

1,420,715

Dec. 17,1900
do
Jan. 8,1901
Jan. 12,1901
Jan. 14,1901
Jan. 30,1901
Feb. 26,1901
do
Feb. 28,1901
Mar. 11,1901
May 1,1901
May 3,1901
May 10,1901
May 25,1901
May 27,1901
June 1,1901
June 6,1901

75,000
50,000
25,000
70,000
250,000
25,000
500,000
50,000
100,000
200,000
25,000
500,000
50,000
1,000,000
100,000
60,000
100,000

27,264
20,417
25,000
25,000
50,000
6,250
50,000
12,500
28,199
51,000
25,000
69,200
50,000
329,280
50,000
30,000
100,000

July 1,1901
Aug. 1,1901
do.
Aug. 9,1901
Aug. 15,1901
Aug. 26,1901
Sept. 2,1901
Sept. 3,1901
Sept. 14,1901

100,000
50,000
50,000
100,000
150,000
50,000
75,000
1,500,000
150,000

100,000
19,000
18,750
46,297
54,226
12,500
75,000
1,500,000
66,130

95,180
17,920
16,685
39,565
46,898
11,960
71,610
1,402,700

4,820
1,080
2,065
6,732
7,328
540
3,390
97,300
6,132

5,405,000
Total.
25,000
First National Bank, Idaho Falls, Idaho.. Nov. 8,1901
300,000
Nat. Commercial Bank, New York, N. Y. Nov. 15,1901
Davenport N. B., Davenport, Iowa
100,000
Dec. 4,1901
200,000
N. B. of Commerce, Omaha, Nebr
Dec. 10,1901
1,000,000
do
Shoe and Leather N. B., Boston, Mass
a Formerly insolvent.

2,841,013

2,629,660
6,250
288,310
87,983
133,250
415,175

211,353




6;250
300,000
100,000
150,000
452,300

3,415
1,967
830
1,472
2,952
440
6,250
740
4,763
4,040
960
6,830
5,708
27,734
5,110
1,140
7,615

11,690
12,017
16,750
37,125

245

REPORT OF THE COMPTROLLER OP THE CURRENCY.

No. 60.—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.

Dec. 19,1901
First National Bank, Harrison, Ark
Citizens' National Bank, Jacksboro, Tex.. .....do
Third National Bank, Boston, Mass
DQC. 24,1901
N. B. of the Commonwealth, Boston, Mass .....do
People's National Bank, Dover, N. J
Dec. 31,1901
Ninth National Bank, New York, N. Y..
do
Railroad National Bank, Lowell, Mass
Jan. 4,1902
do
Merchants' National Bank, Lowell, Mass.
....do
First National Bank, Lowell, Mass
Jan. 14,1902
Augusta National Bank, Augusta, Me
Merchants' National Bank, Albany, N. Y. Jan. 20,1902
Natl. Hide and Leather B'k, Boston, Mass. Jan. 27,1902
Feb. 1,1902
First National Bank, Howe, Tex
Feb. 5,1902
Albany City N. B., Albany, N. Y
First National Bank, Woohsocket, R. I... Feb. 6,1902
Feb. 15,1902
Continental N. B., Baltimore, Md
do.
Third National Bank, Pi qua, Ohio
....do
Salamanca N. B., Salamanca, N. Y..
Feb. 19,1902
Albert Lea N. B., Albert Lea, Minn
Feb. 20,1902
Washington N. B., Boston, Mass
do
Wickford N. B., Wickford, R. I
Central National Bank, Columbia, S. C... Feb. 25,1902
Mar. 1,1902
First National Bank, Elizabeth, N. J
Mar. 20,1902
Century N. B., Cleveland, Ohio
Old National Bank, Youngstown, Ohio a Mar. 27,1902
Merchants' National Bank, Chicago, 111... Mar. 29,1902
Cambria National Bank, Johnstown, Pa.. Apr. 1,1902
do.
Metropolitan N. B., Cleveland, Ohio
Union National Bank, New Orleans, La.. Apr. 14,1902
May 15,1902
First National Bank, Vandergrift, Pa
May 29,1902
Troy City National Bank, Troy, N. Y
May 31,1902
Metropolitan N. B., Chicago, 111
June 14,1902
Second National Bank, Newark, N. J
June 17,1902
Preston National Bank, Detroit, Mich
June 30,1902
Newark City N. B., Newark, N. J
....do
East Orange N. B., East Orange, N. J
do.
Bellevue National Bank, Bellevue, Pa
do
Beaver National Bank, Beaver, Pa
Old National Bank, Whitehall, N. Y
July 1,1902
do
Third National Bank, Allegheny, Pa
Third N. B., Chattanooga, Term...
....do
Perrin National Bank, Lafayette, Ind
.....do
Citizens' National Bank, Pittsburg, Pa... July 22,1902
Hibernia National Bank, New Orleans, La July 31,1902
do.
Continental National Bank, St. Louis, Mo.
Mechanics' National Bank, Pittsburg, Pa. Aug. 5,1902
Aug. 11,1902
Mercer County N. B., Mercer, Pa
Aug. 20,1902
Sharon National Bank, Sharon, Pa
Steubenville N. B., Steubenville, Ohio... Sept. 11,1902
Northern National Bank of Superior,
Oct. 7,1902
West Superior, Wis
Second National Bank, Sandusky, Ohio.. Oct. 15,1902
Oct. 20,1902
State N. B., South McAlester, Ind. T

Capital.
Issued.

Retired.
$5,950
9,540

Outstanding.
$300
460
39,346
13,522
622
17,551
19,385
11,945
8,728
6,900
9,675
39,773

$25,000
30,000
1,000,000
1,000,000
50,000
750,000
400,000
400,000
250,000
100,000
200,000
1,000,000
25,000
300,000
200,000
200,000
100,000
50,000
50,000
750,000
100,000
100,000
200,000
500,000
200,000
1,000,000
100,000
500,000
600,000
50,000
300,000
2,000,000
300,000
700,000
500,000
100,000
50,000
100,000
50,000
200,000
150,000
100,000
800,000
300,000
1,000,000
500,000
50,000
125,000
125,000

16,250
10,000
200,438
63,385
12,500
66,860
116,003
108,086
55,485
100,000
104,960
315,319
6,250
94,135
52,137
50,000
30,000
15,000
50,000
62,851
27,890
100,000
103,749
200,000

161,092
49,863
11,878
49,309
'96,618
96,141
46,757
93,100
95,285
275,546
5,760
84,520
44, 445
44,550
27,105
13.685
46', 100
48,926
23,501
91,228
94,771
188,830

58,168
100,000
50,000
600,000
12,500
375,500
840,000
56,447
700,000
57,732
100,000
50,000
25,000
93,385
200,000
50,000
71,000
164,155
114,610
914,650
122,100
50,000
37, 406
125,000

51,410
94,145
46,960
539,382
11, 460
362,502
743,305
46,105
626,630
48,123
94,645
47,610
23,555
83,821
184,940
44,560
62,650
135,556
97,240
822,970
101,359
47,410
31,670
110,940

6,758
5,855
3,040
60,618
1,040
12,998
96,695
10,342
73,370
9,609
5,355
2,390
1,445
9,564
15,060
5,440
8,350
28,599
17,370
91,680
20,741
2,590
5,736
14,060

100,000
100,000
50,000

100,000
52,345
12,500

90,160
45,029
11,500

9,840
7,316
1,000

19,555,000
Total.
100,000
Nov. 3,1902
Ainsworth N. B., Portland, Oreg
30,000
Nov. 10,1902
First National Bank, Pawpaw, 111
50,000
Nov. 20,1902
State National Bank, Quanah, Tex
25,000
First National Bank, Grand Saline, Tex. Dec. 15,1902
50,000
Rochester National Bank,Rochester, Pa.. Jan. 6,1903
30,000
Jan. 12,1903
First National Bank, Paulding, Ohio
50,000
do
Home National Bank, Royersford, Pa
American Exchange National Bank,
Cleveland, Ohio
Jan. 14,1903
500,000
Citizens' National Bank, McKeesport. Pa.. Jan. 15,1903
100,000
Western N. B., New York, N. Y....'
Jan. 31,1903
2,100,000
Feb. 16,1903
Mechanics' N. B., Philadelphia, Pa
500,000
Cleveland County N. B., Norman, Okla.. Feb. 28,1903
25,000
Cambridge N. B., East Cambridge, Mass . Mar. 12,1903
100,000
Central National Bank, Worcester, Mass.. Mar, 30,1903
300,000
City National Bank, Worcester, Mass
do
200,000
City National Bank, Mobile, Ala
Mar. 31,1903
200,000
Apr. 6,1903
Citizens' National Bank, Mexia, Tex
50,000
Apr. 9,1903
Seventh N. B., New York, N. Y
2,500,000
Natl. Broadway Bank, New York, No Y.. Apr. 21,1903 1,000,000
Apr. 23,1903
200,000
West End N. B., Washington, D. C
Pittsburgh National Bank of Commerce,
500,000
May 2,1903
Pittsburg, Pa
a No circulation issued.



8,092,346

7,241,105

851,241

25,000
7,500
12,500
10,000
12,500
10,000
25,000

22,010
6,940
11,000
9,190
10,800
9,190
23,258

2,990
560
1,500
810
1,700
810
1,742

225,000
24,650
544.050
479^110
10,000
25,948
54,550
54,610
139,745
12,000
550,581
526,177
50,000

210,648
22,760
503,265
438,711
9,350
21,745
44,160
44, 480
123,540
11,115
508,841
473,193
45,545

14,352
1,890
40,785
40,399
650
4,203
10,390
10,130
16,205
885
41,740
52,984
4,455

310,926

251,645

59,281

490

9,615
7,692
5,450
2,895
1,315
3,900
13,925
4,389
8,772
8,978
11,170

246

REPORT OF THE COMPTROLLER OF THE CURRENCY.

N o . 60.—NATIONAL B A N K S THAT HAVE GONE INTO V O L U N T A R Y LIQUIDATION U N D E R T H E
P R O V I S I O N S O F S E C T I O N S 5220 A N D 5221 O F T H E R E V I S E D S T A T U T E S , E T C . — C o n t ' d .

Circulation.
Date of
liquidation.

Name and location of bank.

First National Bank of Jefferson, Charlestown, W. Va
Capital City National Bank, Atlanta, Ga..
Merchants and Planters' National Bank,
Montgomery, Ala
Lampasas National Bank, Lampasas, Tex.
Commercial N. B., Providence, R . I
First National Bank, Wellsville, Ohio
First National Bank, Westfield, N. J
,
Park National Bank, Cleveland, Ohio
j
Merchants' National Bank, Gardiner, Me.
Citizens' National Bank, Yonkers, N. Y . .
Massachusetts N. B., Boston, Mass
First National Bank, Garrett, 111
Boston National Bank, Seattle, Wash
Coal and Iron N. B., Cleveland, Ohio
First National Exchange Bank, Plymouth,
Mich
Citizens' National Bank, Shreveport, La..
Lime Rock National Bank, Rockland, Me.
Meridian National Bank, Meridian, Miss..
City National Bank, Norfolk, Va
Western National Bank of the United
States, New York, N. Y
Sour Lake N. B., Sour Lake, Tex
N. B. of Chanute, Chanute, Kans
The First N. B., Worcester, Mass
Ell wood City N. B., Ellwood City, P a . . . .
National Suffolk Bank, Boston, Mass
Republic National Bank, Pittsburg, Pa . .

Issued.

Retired.

Outstanding.

May 7,1903
May 16,1903

$50,000
250,000

$38,800
49,100

$34, 475
45,503

$4,325
3,597

May 19,1903
do
June 6,1903
June 18,1903
June 30,1903
July 1,1903
do.

250,000
25,000
500,000
50,000
50,000
650,000
50,000
100,000

44,610
11,360
43,395
34,831
15,955
444,745
10,545
45,910
45,875
13,590
43,770
312,810

18,793
5,685
1,545
48,155
1.955
6,782
13,568
1,410
5,130
35,940

7,205
1,140

Aug.
Aug.
Aug.
Aug.
Aug.

1,1903
5,1903
6,1903
8,1903
15,1903

800,000
25,000
180,000
1,000,000

51,815
12,500
62,188
40,516
17,500
492,900
12,500
52,692
59,443
15,000
48,900
348,750

Aug.
Aug.
Sept.
Sept.
Sept.

20,1903
31,1903
1,1903
15,1903
28,1903

50,000
100,000
105,000
100,000
200,000

12,500
25,000
72,113
97,200
200,000

10,250
22,920
61,298
86,800
178,250

2,250
2,080
10,815
10,400
21,750

Oct. 5,1903
Oct. 8,1903
Oct. 10,1903
Oct. 22,1903
Oct. 24,1903
Oct. 30,1903
....do

12,500,000
50,000
50,000
300,000
75,000
1,500,000
200,000

1,460,000
12,500
12,500
49,250
19,000
196,000
49,400

1,410,710
11,250
12,115
43,255
17,920
185,305
45,920

49,290
1,250
385
5,995
1,080
10,695
3,480

Total.

27,820,000

Rockwall National Bank, Rockwall, Tex..
First National Bank, Gainesboro, Tenn . .
First National Bank, Harrison, Okla
National Hamilton Bank, Boston, Mass.. Citizens' National Bank, Worcester, Mass.
Manufacturers' N. B., Baltimore, Md
Red River N. B., Gainesville, Tex
German-American N. B., Peoria, 111
National Bank of Christiana, Pa
Washington N. B., Westerly, R . I
Davis National Bank, Seymour, Tex
Iron City National Bank, Pittsburg, Pa . .
Merchants and Manufacturers' National
Bank, Pittsburg, Pa
Leicester National Bank, Leicester, Mass..
First National Bank, Oxford, Ohio
First National Bank, Dallas, Oreg
Bankers' National Bank, Cleveland, Ohio.
Tulsa National Bank, Tulsa, Ind. T.o
Farmers and Merchants' National Bank,
Crockett, Tex
Velasco National Bank, Velasco, Tex
;
Marblehead N. B., Marblehead, Mass
Citizens' National Bank, Akron, Ohio
Central National Bank, New York, N. Y . .
Colonial National Bank, Pittsburg, Pa
Tradesmen's National Bank, Pittsburg, Pa.
Colonial National Bank. Cleveland, Ohio..
Atlas National Bank, Boston, Mass
Pawcatuck N. B., Pawcatuck, Conn
Leather Manufacturers' National Bank,
New York, N. Y
'..
Wayne National Bank, Wayne, Nebr
Second National Bank,Youngstown, Ohio.
Colonial National Bank, Boston, Mass
N. B. of Redemption, Boston, Mass
Nat. Exch. Bank, Weatherford, Okla . . . .
N. B. of North America, Providence, R . I .
Waterloo National Bank, Waterloo, Iowa.
First National Bank, Providence, R. I
American NationalBank, Long Beach, Cal.
State National Bank, Cleveland, Ohio
Citizens' National Bank, Raton, N. Mex..
Citizens' N. B., Miamisburg, Ohio
Old National Bank, Washington, Pa.™




Capital.

6,617,914

6,034,753

583,161

Nov. 2.1903
Nov. 10,1903
Nov. 14,1903
Nov. 30,1903
Dec. 12,1903
Dec. 21,1903
Dec. 30.1903
Jan. 2.1904
Jan. 12.1904
Jan, 23,1904
Jan. 30,1904
Feb. 1,1904

25,000
25,000
25,000
600,000
150,000
500,000
100,000
300,000
50,000
150,000
50,000
400,000

6,300
12,500
6,300
49,250
100,000
98,500
24,200
300,000
12,000
50,000
12,500
59,912

4,950
10,170
5,200
45,795
90,233
86,380
21,010
251,928
9,670
36,408
11,310
42,080

1,350
2,330
1,100
3,455
9,767

....do
....do

12,120
3,190
48,072
2,330
13,592
1,190
17,832

Feb.
Feb.
Feb.
Feb.

10,1904
11,1904
13,1904
26,1904

800,000
100,000
50,000
25,000
500,000
25,000

800,000
24,250
49,050
6,250
500,000

701,009
17,000
42,145
6,250
458,373

98,991
7,250
6,905

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.

1,1904
3,1904
4,1904
5,1904
12,1904
23,1904
29,1904
2,1904
4,1904
8,1904

50,000
50,000
120,000
150,000
1,000,000
1,000,000
400,000
1,000,000
1,500,000
100,000

11,900
11,900
49,300
98,795
929,300
50,000
200,000
197,750
64,765

100,000

10,530
9,630
42,268
86,535
817,193
46,360
170,032
177,635
44,185
90,809

1,370
2,270
7,032
12,260
112,107
3,640
29,968
20,115
20,580
9,191

Apr. 16,1904
May 16,1904
May 23,1904
May 31,1904
do
June 7,1904
June 14,1904
June 15,1904
June 24,1904
June 30,1904
July 1,1904
July 7,1904
July 11,1904
July 20,1904

600,000
50,000
200,000
1,000,000
2,000,000
25,000
500,000
100,000
500,000
50,000
500,000
50,000
100,000
150,000

474,900
39,300
170,600
148,500
711,600
12,500
66,598
49,200
146,150
49,350
490,550
37,500
25,000

416,746
37,330
134,620
133,140
633,580
11,190
38,329
40,870
112,092
44,350
421,820
33,135
20,080

58,154
1,970
35,980
15,360
78,020
1,310
28,269
8,330
34,058
5,000
68,730
4,365
4,920

a No circulation issued.

41,627

247

EEPOET OF THE COMPTEOLLEE OF THE CUBBENCY.

No. 60.—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, Sioux Rapids, Iowa.
Weybosset N. B., Providence, R . I
First National Bank, Cambridge, Mass...
Idaho National Bank, Lewiston, Idaho...
First National Bank, Warren, R . I
National Warren Bank, Warren, R. I
National Hope Bank, Warren, R. I
First National Bank, Lynn, Mass
Ohio Valley N. B., Cincinnati, Ohio
Citizens' N. B., Jacksonville, Tex
Kingfisher N. B., Kingfisher, Okla
National Bank of Lyndon, Vt
City National Bank, Lampasas, T e x . a . . .
The First National Bank of Wehrum, P a .
Fredonia N. B. of Fredonia, Kans
The Peoples' N. B. of Belfast, Me

July 25,1904
July 26,1904
Aug. 6,1904
Aug. 15,1904
Aug. 24,1904
do
do
Aug. 30,1904
Sept. 12,1904
Sept. 16,1904
Sept. 24,1904
Sept. 27,1904
do
Oct. 18,1904
Oct. 20,1904
Oct. 31,1904

Capital.

Issued.

$14,356
16,657
1,370
8,651
8,492
7,438
241,089
59,912
4,850
1,000
6,267

6,310
5,625
44,793

690
875
5,207

7,314,486

6,103,532

1,210,954

25,000
6,250
60,000
7,500
130,000
500,000
50,000
25,000
6,250
6,250
6,500

19,886
5,170
47,739
6,130
116,329
416,070
50,000
21,270
5,060
4,880
5,800

5,114
1,080
12,261
1,370
13,670
83,931

30,000
200,000
27,500
100,000
50,000
25,000

26,130
163,275
23,380
85,130
29,704
21,370 i

3,870
36, 725
4,120
14,870
20,296
3,630

10,000
100,000
7,500
6,250
25,000
405,000
50,000
50,000

8,220
80,056
6,420
5,320
21,760
286,980
38,170
30,864

1,780
19,944
1,080
930
3,240
118,020
11,830
19,136

75,000
6,500
30,000
25,000

71,810
5,360
25,385
20,930

3,190
1,140
4,615
4,070

25,000
50,000
100,000
10,000
25,000
100,000
12,000
6,250
6,500
1,000,000
100,000
25,000
6,250
100,000
100,000
25,000
75,000
50,000
100,000
25,000
50,000
25,000
50;000
300,000
50,000
25,000

19,790
41,663
76,383
8,685
18,790
81,270
9,260
5,320
5,080
839,333
92,520
16,950
5,165
83,914
84,010
20,460
58,520
39,278
70,668
19,170
38,100
18,640
33,350
222,165
33,670
18,340

5,210
8,337
23,617
1,315
6,210
18, 730
2,740
930
1,420
160,667
7,480
8,050
1,085
16,086
15,990
4,540
16, 480
10,722
29,332
5,830
11,900
6,360
16,650
77,835
16,330
6,660

$12,500
56,769

17,800,000

100,000
Nov. 1,1904
First National Bank of Conroe, Tex
25,000
do
Citizens' N. B. of Washington, D. C
Nov. 7,1904
500,000
Farmers' N. B. of Primghar, Iowa
Nov. 10,1904
30,000
Berkshire N. B. of North Adams, Mass... Nov. 21,1904
200,000
N. B. of North America, Chicago, 111
Nov. 28,1904 2,000,000
Bankers'World's Fair N. B., St. Louis,Mo. Dec. 15,1904
200,000
Hennessey N. B. of Hennessey, Okla
Dec. 19,1904
25,000
First National Bank of Grafton, Iowa
Dec. 23,1904
25,000
First National Bank of Archer City, Tex . Dec. 31,1904 j
25,000
do
|
Randolph N. B. of Elkins, W. Va
25,000
Mount Pleasant National Bank of Mount
!
Pleasant, Ohio
Jan. 1,1905
50,000
Alabama N. B. of Birmingham, Ala
Jan. 10,1905
200,000
First National Bank of Sour Lake, Tex...
do
30,000
City National Bank of Niles, Ohio
do.
100,000
National Niantic Bank of Westerly, R . I . Jan. 11,1905
250,000
Citizens' National Bank of Fertile, Minn . Jan. 18,1905
25,000
Kyle National Bank of Kyle, Tex. a
25,000
Feb. 1,1905
First National Bank of Carmen, Okla
25,000
Feb. 4,1905
First National Bank of Moline, 111
150,000
Feb. 10,1905
Citizens' National Bank of Ferris, Tex
30,000
do
25,000
San Augustine N. B., San Augustine, Tex.
do
25,000
Rimersburg N. B. of Rimersburg, Pa
Feb. 11,1905
600,000
Nat. La Fayette Bank, Cincinnati, Ohio.. Feb. 14,1905
250,000
Equitable N. B., Cincinnati, Ohio
do
300,000
Agawam N. B . of Springfield, Mass
Feb. 15,1905
First National Bank of Staten Island, New
Brighton, N. Y
Feb. 25,1905
100,000
First National Bank of Fairview, Okla... Feb. 27,1905
25,000
Perry County N. B. of Newport, Pa
Mar. 1,1905
50,000
First National Bank of Somerset, Ohio... Mar. 14,1905
25,000
Farmers and Merchants' National Bank,
Huntsville, Ala
Mar. 16,1905
100,000
Cambridgeport N. B.,Cambridgeport,Mass Mar. 30,1905
100,000
Rockingham N. B. of Portsmouth, N. H . Mar. 31,1905
100,000
Citizens' National Bank, Sugar City, Colo.
do
25,000
City National Bank of Sioux City, Iowa.. Apr. 1,1905
100,000
Sprague National Bank of New York, N. Y Apr. 3,1905
200,000
Gonzales National Bank, Gonzales, Tex .. Apr. 15,1905
50,000
Welsh National Bank, Welsh, La
Apr.
_.r_. 17,1905
25,000
Ivanhoe National Bank, Ivanhoe, Minn . . Apr. 25,1905
25,000
Euclid Park N. B., Cleveland, Ohio
Apr. 29,1905 1,800,000
Maiden Lane N. B., New York, N. Y
do
250,000
Shreveport N. B., Shreveport, La
May 1,1905
100,000
First National Bank, Greenwood, Ark
May 20,1905
25,000
Merchants N. B., Waterville, Me
June 1,1905
100,000
Commercial N. B., Zanesville, O h i o . . .
June 5,1905
100,000
Twin City N. B., Dennison, Ohio
June 19,1905
50,000
Lumberman's N. B., Tacoma, Wash
June 28,1905
150,000
Monument National Bank, Boston, Mass. June 29,1905
150,000
Chattanooga N. B., Chattanooga, Tenn... June 30,1905
200,000
60,000
First National Bank, Colfax, Wash
do
do
American N. B., Deadwood, S. Dak
50,000
35,000
First N. B., College Corner, Ohio
July 1,1905
July 3,1905
700,000
Germania N. B., New Orleans, La
Commercial National Bank, Omaha, Nebr. July 22,1905
400,000
Union National Bank, Omaha, Nebr
250,000
do
Laurel National Bank, Laurel, Miss
July 24,1905
50,000
a No circulation issued.




Outstanding.

$12,500
42,413
83,343
11,130
41,349
40,808
25,062
138,911
188,570
19,100
5,250
25,998

$50,000
500,000
200,000
50,000
150,000
200,000
130,000
500,000
700,000
25,000
25,000
50,000
50,000
25,000
25,000
50,000

Total.
Fifth National Bank of Pittsburg, Pa

Retired.

100,000
12,500
50,000
49,300
32,500
380,000
248,482
23,950
6,250
32,265
7,000 !
6,500
50,000 i

3,730
1,190
1,370
700

248

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 60.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.

Name and location of bank.
Mechanics' National Bank, Boston, Mass.
Texas National Bank, Dallas, Tex
First National Bank, Crowell, Tex
Citizens' National Bank, Paintsville, Ky..
First National Bank, Waxahachie, Tex...
Citizens' N. B., New Bethlehem, Pa
Valley National Bank, Seymour, Conn
American National Bank, Barberton,Ohio
White National Bank, Fort Wayne, Ind..
Farmers National Bank, Lebanon, Pa
First National Bank, Newport, R. I
City National Bank, Austin, Tex
First National Bank, Two Harbors, Minn.
American National Bank, Dallas, Tex
Merchants National Bank, Portland, Me..
N. B. of Commerce, Natchez, Miss
Louisiana National Bank,New Orleans, La.
Southwestern N. B., Los Angeles, Cal...
Memphis National Bank, Memphis, Tenn.
Citizens' National Bank, Cleburne, Tex.
Citizens N. B., Lawrenceburg, Ind
First National Bank, Cornish, Ind. T
First National Bank, Francis, Ind. T
Los Angeles N. B., Los Angeles, Cal
Mount Vernon N. B., Boston, Mass
Georgetown N. B., Georgetown, 111
First N. B., Fairport Harbor, Ohio
Commercial N. B., Oklahoma City, Okla.

Date of
liquidation.
July 29,1905
July 31,1905
Aug. 1,1905
Aug. 2,1905
Aug. 3.1905
Aug. 10,1905
Aug. 12,1905
Aug. 22,1905
Aug. 26,1905
Sept. 1,1905
Sept. 7,1905
Sept. 15,1905
Sept. 22,1905
Sept. 23,1905
Sept. 30,1905
do
Oct. 2,1905
Oct. 7,1905
Oct. 10,1905
do
Oct. 14,1905
Oct. 15,1905
....do

Oct. 21,1905
Oct. 24,1905
Oct. 27,1905
Oct. 30,1905
....do

Circulation.
Capital.

$250,000
250,000
25,000
25,000
100,000
60,000
50,000
100,000
200,000
100,000
120.000

iso;ooo

50,000
200,000
300,000
100,000
500,000
300,000
250,000
100,000
50,000
25,000
25,000
500,000
200,000
25,000
25,000
100,000

14,815,000
Total.
500,000
Nov. 1,1905
N. B. of Commerce, Memphis, Tenn
25,000
do
First National Bank, Minerva, Ohio
100,000
Beaumont National Bank,Beaumont,Tex. Nov. 2,1905
50,000
Nov. 9.1905
American N. B., McMinnville, Tenn
30,000
Nov. 15; 1905
First National Bank, Gunter, Tex
25,000
Nov. 16,1905
First National Bank, Windsor, 111
25,000
First National Bank, Orange City, Iowa.. Nov. 21,1905
25,000
Dec. 4,1905
First National Bank, Cullman, Ala
125,000
Dec. 7,1905
Portsmouth N. B., Portsmouth, Ohio
50,000
Dec. 9,1905
Security National Bank, Albert Lea,Minn.
25,000
Dec. 11,1905
Citizens' National Bank, Italy, Tex
50,000
Dec. 16,1905
Citizens' National Bank, Cedar Falls, Iowa
100,000
Dec. 19,1905
National Bank of St. Joseph, Mo
100,000
Dec. 30,1905
Red River Valley N. B., Fargo, N. Dak.
100,000
do
American National Bank, Mongomery,Ala
25,000
Jan. 1,1906
First National Bank, Prosser, Wash
50,000
do
Kineo National Bank, Dover, Me
Jan.
100,000
Jan. 11,1906
National Exchange Bank, Lexington, Ky.
Jan. 15,1906
250,000
Quinsigamond N. B., Worcester, Mass
Jan. 16,1906
100,000
First National Bank, Shawnee, Okla
Jan. 31,1906
25,000
First National Bank, Alvin, Tex
Feb. 3,1906
35,000
Ladonia National Bank, Ladonia, Tex...
Feb.
250,000
City National Bank, Springfield, Mass.... Feb. 8,1906
150,000
Feb. 12,1906
Second National Bank, Haverhill, Mass..
1,000,000
do
American National Bank, Providence, R.I.
100,000
do
Seawall National Bank, Galveston, Tex. a.
100,000
Feb. 15,1906
First National Bank, Austin, Tex
100,000
Feb. 21,1906
People's National Bank, Roanoke, Va...
250,000
Rollstone National Bank, Fitchburg, Mass. Feb. 24,1906
National Shoe and Leather Bank, New
1,000,000
Feb. 28,1906
York, N. Y
100,000
Kenduskeag National Bank, Bangor, Me. Mar. 1,1906
400,000
First National Bank, Springfield, Mass... Mar. 5,1906
800,000
Industrial National Bank, Pittsburg, Pa. Mar. 12,1906
so;ooo
First National Bank, Harlan, Iowa
Mar. 22,1906
50,000
Glassport National Bank, Glassport, Pa. Mar. 24,1906
250,000
John Hancock N. B., Springfield, Mass.. Mar. 28,1906
80,000
Temple National Bank, Temple, Tex... Mar. 29,1906
300,000
Second National Bank, Springfield, Mass. Mar. 30,1906
150,000
Farmers' National Bank, Mansfield, Ohio Mar. 31,1906
40,000
McGregor National Bank, McGregor, Tex
do
50,000
Apr. 1,1906
Citizens' N. B., Mount Pleasant, Pa
25,000
do
First National Bank, Harris, Iowa
65,000
Apr. 9,1906
Baird National Bank, Kirksville, Mo
25,000
Apr. 20,1906
Stanton National Bank, Stanton, Tex
500,000
Apr. 23,1906
Bunker Hill N. B., Charlestown, Mass
35,000
First National Bank, Glenville, W. Va.... Apr. 24,1906
a No circulation issued.



Issued.

Retired.

Outstanding.

$50,000
250,000
6,250
11,250
25,000
60,000
40,000
25,000
200,000
25,000
120,000
50,000
12,500
160,000
50,000
25,000
500,000
300,000
50,000
24,000
50,000
6,250
6,250
500,000
175,000
20,000
24,500
100,000

$35,345
185,360
4,840
8,845
18,530
47,410
33,990
19,620
148,735
20,480
99,090
36,080
9,430
112,830
29,589
18,540
387,549
236,860
34,415
18,600
36,740
4,820
4,970
359,738
148,166
14,420
18,510
75,905

$14,655
64,640
1,410
2,405
6,470
12,590
6,010
5,380
51,265
4,520
20,910
13,920
3,070
47,170
20,411
6,460
112,451
63,140
15,585
5,400
13,260
1,430
1,280
140,262
26,834
5,580
5,990
24,095

7,352,500

5,778,499

1,574,001

500,000
25,000
25,000
36,600
30,000
10.000
6,250
6,250
49,200
12,000
25,000
49,400
99,000
29,050
49,400
6,250
45,800
100,000
78,500
25,000
6,250
9,000
100,000
98,200
343,700

379,858
18,530
18,370
29,390
23,215
7,150
4,360
4,770
28,910
8,520
19,400
34,250
65,610
17,130
36,400
4,740
35,150
61,723
57,787
20,230
4,650
6,450
76,865
79,625
270,615

120,142
6,470
6,630
7,210
6,785
2,850
1,890
1,480
20,290
3,480
5,600
15,150
33,390
11,920
13,000
1,510
10,650
38,277
20,713
4,770
1,600
2,550
23,135
18,575
73,085

100,000
98,400
198,200

61,760
78,760
150,582

38,240
19,640
47,618

199,000
35,000
98,900
98,400
25,000
49,100
235,300
19,400
120,868
64, 465
12,500
50,000
12,500
65,000
6,300
57,407
9,500

146.006
24,385
70,391
78,135
15,160
38,115
170,459
13,050

52,994
10,615
28,509
20,265
9,840
10,985
64,841
6,350
31,380
25,355
3,660
13,750
3,900
20,370

39,110
8,840
36,250
8,600
44,630
6,300
37,225
6,978

20,182
2,522

REPORT OP THE COMPTROLLER OP THE CURRENCY.

249

No. 60.—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, Martin, Tenn
Merchants' National Bank, Ashland, Ky.
First National Bank, Buckeye City, Ohio.
First National Bank, Guilford, Me
Moline National Bank, Moline, 111
First National Bank, Ensley, Ala
Lenora National Bank, Morehead, Ky
First National Bank, McCumber, N. Dak.
Merchants' N. B., Nashville, Tenn.
First National Bank, Carrollton, Ohio
Washington N. B., Seattle, Wash
First National Bank, Clyde, Ohio
First National Bank, Caldwell, Tex
Blaine N. B., Kitsmillerville, Md. a
Merchants' and Planters' Farley National
Bank, Montgomery, Ala
Old National Bank, Providence, R. I
United National Bank, New York, N. Y..
Belington N. B., Belington, W. Va
Citizens' National Bank, Olean, N. Y
First National Bank, Seneca, Mo
Citizens' N. B., Comanche, Ind. T.o
First National Bank, Gas City, Ind
St. Paul National Bank, St. Paul, Minn...
Wick National Bank, Youngstown, Ohio..
First National Bank, Salisbury, Mo. a
First National Bank, Haynesville, Ala
Citizens' National Bank, Davenport, Iowa
First National Bank, Monroeville, Ohio..

Apr. 30,1906
do
do
Mav 1,1906
May 2,1906
May 5,1906
May 9,1906
May 10,1906
May 15,1906
May 31,1906
June 25,1906
July 2,1906
July 6,1906
July 9,1906

Issued.

Retired.

Outstanding.

16,1906
20,1906
28,1906
6,1906
9,1906
31,1906
25,1906
26,1906
29,1906
1,1906
10,1906
11,1906
15,1906
23,1906

Nov. 1,1906
do
Nov. 8,1906
Nov. 22,1906
Nov. 24,1906
Dec. 8,1906
....do
Dec. 31,1906
....do
.do
do
Jan. 1,1907
.do
Jan. 2,1907
do
Jan. 8,1907
Jan. 15,1907
Jan. 16,1907
Jan. 19,1907
Jan. 31,1907
Feb. 1,1907
Feb. 5,1907
Feb. 9,1907
Feb. 15,1907
Feb. 16,1907
.do
Feb. 19,1907
Feb. 21,1907
Feb. 28,1907

do
Mar. 1,1907
Mar. 9,1907
Mar. 12,1907
Mar. 13,1907
Mar, 16,1907
Mar. 19,1907
Mar. 28,1907
Mar. 30,1907
Apr. 20,1907
do
Apr.
Apr.
Apr.
Apr.
May
June

22,1907
26,1907
29,1907
30,1907
14,1907
1,1907

a No circulation

$30,000
100,000
25,000
50,000
100,000
50,000
25,000
25,000
200,000
35,000
100,000
50,000
60,000
25,000

$7,500
99,100
6,300
25,000
100,000
50,000
6,200
6,500
197,500
19,200
30,000
50,000
35,000

$4,450
64,900
4,140
18,120
68,225
37,195
4,330
4,150
128,455
12,770
18,120
33,638
22,210

$3,050
34,200
2,160
6,880
31,775
12,805
1,870
2,350
69,045
6,430
11,880
16,362
12,790

500,000
500,000
1,000,000
25,000
100,000
25,000
25,000
50,000
600,000
500,000
25,000
25,000
300, 000
50,000

445,770
187,350
245, 450
25,000
49,400
25,000

297,650
134,056
191,990
17,580
36,945
13,540

148,120
53,294
53,460
7,420
12, 455
11,460

12,500
540, 000
50,000

7,010
285,753
32,470

5,490
254,247
17,530

10,000
245,200
50,000

6,520
120,825
29,525

3,480
124,375
20,475

12,385,000

July
July
July
Aug.
Aug.
Aug.
Sept.
Sept.
Sept.
Oct.
Oct.
Oct.
Oct.
Oct.

Total.
Market National Bank, Cleveland, Ohio..
First National Bank, Nezperce, Idaho
Union National Bank, Zanesville, Ohio...
First National Bank, Middletown, 111
Merchants' N. B., Galveston, Tex
First National Bank, Leipsic, Ohio
First National Bank, Franklin, La
First National Bank, Knox, N. Dak
National Bank of Brighton, Iowa
Fanners' National Bank, Winnsboro, Tex.
Citizens' National Bank, Atoka, Ind. T...
Bozeman National Bank, Bozeman, Mont.
First National Bank, Whitmire, S. C
National Bank of Turtle Creek, Pa
City National Bank, Cairo, 111
First National Bank, Wakonda, S. Dak...
Fourth National Bank, St. Louis, Mo
First National Bank, Tolar, Tex
Merchants' N. B., Tuscaloosa, Ala
National Exchange Bank, Boston> Mass..
Peoples' National Bank, McDonald, Pa...
Grayson Nationa] Bank, Sherman, Tex...
Winnissiinet N. B., Chelsea, Mass
Freemans' National Bank, Boston, Mass..
First National Bank, Calistoga, Cal
Central National Bank, Ocala, Fla
First National Bank, Taladega, Ala
New National Bank, Warr.en> Ohio
First National Bank, Madison, Me
First National Bank of Cuero, Tex
Irving National Bank of New York, N. Y.
First National Bank of Demopolis, Ala...
Northern N. B. of New York, N. Y
Paris National Bank, Paris, Tex
Astor National Bank of New York, N. Y.
First National Bank of Turlock, Cal
Central N. B. of Washington, D. C
First N. B. of East St. Louis, 111
Monroe National Bank, Monroe, La
Mechanics N. B., New Britain, Conn
German American N. B.,Wahpeton, N. D.
Burlington N. B., Burlington, Kans
National Exchange Bank, Albany, N. Y..
Merchants National Bank of Toledo, Ohio.
Highland National Bank, Hermon, Cal...
First National Bank, Thomasville, Ala...




Capital.

5,838,060

250,000
25,000
150,000
25,000
100,000
25,000
50,000
25,000
25,000
50,000
40,000
50,000
25,000
50,000
100,000
25,000
1,000,000
25,000
85,000
1,000,000
60,000
100,000
100,000
500,000
25,000
50,000
50,000
100,000
75,000
50,000
1,000,000
50,000
300,000
150,000
350,000
25,000
500,000
200,000
60,000
100,000
30,000
50,000
300,000
300,000
25,000
25,000
issued.

250,000
6,250
150,000
14,000
25,000
6,300
12,500
6,250
20,000
40,000
10,000
12,500
6,250
50,000
90,000
10,000
953,350
6,250
25,000
50,000
15,000
50,000
50,000
150,000
17, 500
12,500
50,000
50,000
20,000
50,000
250,000
12,500
50,000
150,000
350,000
25,000
392,850
200,000
15,000
100,000
15,000
50,000
50,000
300,000

156,510
3,650
90,020
8,165
14,325
3,630
11,925
3,740
11,060
20,620
6,250
6,100
4,290
34,140
44,876
4,700
344,961
3,710
12, 465
14,548
9,790
31,770
25, 465
129,657
11,425
7,395
31,070
31,770
12,070
26,320
163,034
6,200
32,790
89,000
233,565
14,820
246,600
112,818
7,630
62,535
9,230
21,871
24,043
143,628

93,490
2,600
59, 980
5,835
10,675
2,670
575
2,510
8,940
19,380
3,750
6,400
1,960
15,860
45,124
5,300
608,389
2,540
12,535
35, 452
5,210
18,230
24,535
20,343
6,075
5,105
18,930
18,230
7,930
23,680
86,966
6,300
17,210
61,000
116,435
10,180
146,250
87,182
7,370
37,465
5,770
28,129
25,957
156,372

25,000

13,590

11,410

4,032, -

1,805,571

250

KEPORT OF THE COMPTROLLER OF T H E CURRENCY.

No. 60.—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.

liquidation.

Capital.

$25,000
Citizens National Bank, Thomasville, Ala. June 1, 1907
200,000
Citizens National Bank, San Francisco,Cal. ....do
June 3,1907
200,000
Union National Bank, Braddock, Pa
300,000
National Bank of Toledo, Toledo, Ohio... June 30,1907
25,000
First National Bank of Enderlin, N. Dak. July 1,1907
331ue Ridge National Bank,Asheville, N.C. . . d o . . . .
100,000
500,000
Fourth National Bank, Providence, R. I . . July 17,1907
do
25,000
Findlay National Bank, Findlay, 111
100,000
Columbia National Bank, Lincoln, Nebr.. July 20,1907
Thirty-fourth Street N. B., New York,
July 22,1907
200,000
N. Y
50,000
Jeannette National Bank, Jeannette, Pa.. July 23,1907
July 24,1907
25,000
United States N. B., White Lake, S. Dak.
250,000
American National Bank, Kansas City,Mo. July 27,1907
50,000
Farmers National Bank,Van Alstyne, Tex. July 30,1907
25,000
Hamlin National Bank, Hamlin, Tex.... Aug. 1,1907
250,000
Second National Bank, Jersey City, N. J.. ....fdo..
25,000
First National Bank Helena, Okla
do
25,000
First National Bank, Mansfield, 111
do
300,000
do.
German N. B., San Francisco, Cal
100,000
Aug. 10,1907
First National Bank, Nashua, N. H
200,000
Aug. 23,1907
Mechanics N. B., Knoxville, Tenn
50,000
Aug. 27,1907
First National Bank, Beckley, W. Va
25,000
do
Dayton National Bank, Dayton, Wash...
25,000
Aug. 31,1907
First National Bank, Fertile, Minn
75,000
Mississippi N. B., Port Gibson, Miss
....fdo..
25,000
Sept. 2,1907
First National Bank, Armour, S. Dak
50,000
Sept. 10,1907
First National Bank, Ellsworth, Me
50,000
Morton National Bank, Madisonville, Ky. Sept. 14,1907
50,000
Sept. 28,1907
First National Bank, Rockland, Mass
25,000
First National Bank, Covington, Tex.... Sept. 30,1907
50,000
Bay City National Bank, Bay City, Tex.. Oct. 1,1907
National Bank of Commerce, San Diego,
150,000
Oct. 12,1907
Cal
Total
11,250,000
Nov. 1,1907
First National Bank, Adams,- N. Dak
25,000
Nov. 2,1907
500,000
Federal National Bank, Chicago, 111.
Nov. 5,1907
25,000
German American N. B., Marion Wis.
200,000
Planters & Mechanics N.B., Houston,Tex. Nov. 7,1907
100,000
Fourth National Bank, Waterbury, Conn. Nov. 18,1907
Grant Park N. B., Grant Psyfk, 111
Nov. 20,1907
50,000
Merkel National Bank, Me/uel, Tex
Nov. 26,1907
25,000
Nov. 28,1907
100.000
First N. B., High Point, N. C
100,000
Farmers & Merchants N. B., Tyler, Tex.. Dec. 30,1907
40,000
Western National Bank, Odessa, T e x . . . . Jan. 1,1908
Jan. 14,1908
50,000
First National Bank, Macon, Mo
do
200,000
Beaver National Bank, New York, N. Y..
Jan. 16,1908
25,000
Hollis National Bank, Hollis, Okla
125,000
Atlantic National Bank,Wilmington, N. C Jan. 18,1908
Jan. 25,1908
25,000
Porter National Bank, Porter, Okla
300,000
State National Bank, New Orleans, La... Jan. 30,1908
Lindsay National Bank, Lindsay, Okla.. Feb. 6,1908
40,000
First N. B., Turnersville, Tex
Feb. 26,1908
25,000
Feb. 28,1908
50,000
First National Bank, Humboldt, Nebr...
Mar. 3,1908
25,000
First National Bank, Kiefer, Okla
Mar. 14,1908
100,000
Peoples National Bank, Muncie, Ind
Mar. 16,1908
100,000
City National Bank, Muskogee, Okla
Mar. 17,1908
60,000
National Bank of Fayetteville, Ark
300,000
Prescott National Bank, Lowell, Mass... Mar. 18,1908
Mar. 26,1908
200,000
First National Bank, Gloucester, Mass...
do
25,000
First National Bank of Mylo, N. Dak....
Mar. 31,1908
50,000
Third National Bank, Albany, Ga
Apr. 1,1908
50,000
Farmers' N. B., Punxsutawney, Pa
Apr. 5,1908
50,000
Choctaw National Bank, Caddo, Okla
Apr 11,1908
25,000
City National Bank, Tulsa, Okla
Apr. 21,1908
200,000
Traders' N. B., Washington, D. C
100,000
Veazie National Bank, Bangor, Me
... . d o . . . . . .
May 1,1908
50,000
Citizens' National Bank, Albany, Ga
City National Bank, Marshall town, Iowa.. May 4,1908
100,000
N. B. of the Republic, Boston, Mass
May 7,1908 2,000,000
200,000
Newton National Bank, Newton, Mass.,. May 15,1908
May 26,1908
25,000
Hazlehurst N. B., Hazlehurst, Pa
June 1,1908 1,000,000
Commercial N. B. of Detroit, Mich
. . .do......
50,000
Citizens' N. B., Washington, Iowa
June 8,1908
300,000
Consolidation N. B., Philadelphia, Pa
Third National Bank, Cincinnati, Ohio... June 18,1908 1,200,000
Juno 20,1908
200,000
Citizens N. B., Cedar Rapids, Iowa
July 1,1908
100,000
Merchants N.
 B., Covington, Ky


Issued.

Retired.

Outstanding.

$25,000
200,000
182,400
250,000
25,000
119,900
150,000
6,250
100,000

$13,680
112,325
115,570
101,000
11,925
58,000
83,248
3,080
94,250

$11,320
87,675
66,830
149,000
13,075
61,900
66,752
3,170
5,750

50,000
50,000
6,300
250,000
50,000
10,000
200,000
6,240
10,000
98,050
56,100
115,000
12,500
10,000
12,750
18,750
12,500
50,000
50,000
12,000
6,250
12,500

29,990
28,550
6,300
107,790
26,710
5,700
112,660
2,820
5,860
50,085
28,152
50,240
6,700
4,650
5,280
8,500
5,200
24,115
20,380
6,420
3,050
6,290

20,010
21,450
142,210
23,290
4,300
87,340
3,420
4,140
47,965
27,948
64,760
5,800
5,350
7,470
10,250
7,300
25,885
29,620
6,080
3,200
6,210

150,000

73,615

76,385

6,501,990
6,250
500,000

3,509,906

2,992,084

2,800
188,090

37450
311,910

200,000
100,000
12,500
6,300
100,000
100,000
10,000
20,000
50,000
7,500
125,000
25,000
300,000
40,000
6,250
12,500
6,250
75,000
100,000
60,000
50,000
200,000
7,000
12,500
50,000
50,000
25,000
200,000
25,000
50,000
25,000
650,000
50,000
25,000
225,000
50,000
300,000
1,200,000
150,000
50,000

60,453
59,480
4,100
2,950
46,650
41,450
3; 600
4,700
29,600
3,400
58,300
8,300
61,468
17,400
2,950
5,200
2,350
23,550
40,950
58,505
12,121
62,827
2,500
5,350
17,900
20,950
6,950
80,950
8,450
22,550
5,603
255,741
8,832
8,550
199,850
9,400
47,079
270,925
136,300
9,450

139,547
40,520
8,400
3,350
53,350
58,550
6,400
15,300
20,400
4,100
66,700
16,700
238,532
22,600
3,300
7,300
3,900
51,450
59,050
1,495
37,879
137,173
4,500
7,150
32,100
29,050
18,050
119,050
16,550
27,450
19,397
394,259
41,168
16,450
25,150
40,600
252,921
' 929,075
13,700
40,550

251

KEPOKT OF THE COMPTROLLER OF THE CURRENCY.

No. 60. —N ATION AL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE

PROVISIONS OF SECTIONS 5220 AND 5221 OP THE REVISED STATUTES, ETC.—Cont'd.
Circulation.

Name and location of bank.

National Bank of Wichita, Kans
Thomas National Bank, Thomas, Okla
N. B. of Commerce, Minneapolis, Minn...
Wind River N. B., Shoshoni, Wyo
First National Bank, Cutler, N. Mex
Fifth N. B., Grand Rapids, Mich
First National Bank, Cement, Okla
First National Bank, Wheatland, N. Y....
First N. B., Hattiesburg, Miss
Enid National Bank, Enid, Okla
Citizens' National Bank, Anadarko, Okla.
First National Bank, Lamont Okla
City National Bank, Hobart, Okla
Madill National Bank, Madill, Okla
First National Bank, Okeene, Okla
First National Bank, Foss, Okla
First National Bank, Laurel, Mont
Coalgate National Bank, Coalgate, Okla..
National Traders Bank, Portland, Me
Lockney National Bank, Lockney, Tex...
Greene County N. B., Hunter, N. Y
Peoples' National Bank, Aspen, Colo
Comal N. B., New Braunfels, Tex
City National Bank of Karnes City, Tex...
National Bank of Hastings, Hastings, Okla.
First National Bank, Plymouth, Ohio
Weleetka N. B., Weleetka, Okla
First National Bank, Gage, Okla.
Farmers National Bank, Gates ville, Tex...
City National Bank, Norman, Okla
Citizens National Bank, Ada, Okla
First National Bank, Clutier, Iowa
First National Bank, Center Point, Tex..
Medford National Bank, Medford, Mass...
Total
Grand total




Date of
liquidation.

Capital.

July 6,1908
July 7,1908
June 15,1908
July 18,1908
July 22,1908
July 31,1908
Aug. 1,1908
do
Aug. 5,1908
Aug. 18,1908
Aug. 31,1908
.do
Sept. 1,1908
Sept. 4,1908
Sept. 7,1908
Sept. 10,1908
Sept. 12,1908
do
Sept. 16,1908
do
Sept. 18,1908
Sept. 21,1908
Sept. 25,1908
Sept. 29,1908
Oct. 1,1908
Oct. 1,1908
Oct. 1,1908
Oct. 2,1908
Oct. 3,1908
Oct. 5,1908
Oct. 10,1908
Oct. 12,1908
Oct. 13,1908
Oct. 31,1908

$100,000
25,000
1,000,000
25,000
25,000
100,000
25,000
25,000
100,000
100,000
25,000
25,000
25,000
60,000
25,000'
25,000
25,000
50,000
200,000
25,000
25,000
25,000
35,000
25,000
25,000
50,000
25,000
25,000
30,000
50,000
50,000
25,000
25,000
100,000

Issued.

11,040,000

$50,000
6,250
600,000
6,250
6,500
100,000
12,510
25,000
50,000
100,000
6,250
25,000
25,000
30,000
10,000
6,300
6,250
50,000
50,000
6,250
12,500
6,250
35,000
6,300
25,000
50,000
0,250
6,500
7,500
50,000
12,500
20,000
25,000
50,000
6,741,110

267,620,060 108,397,807

Retired.
$5,750
650
68,353
1,700
1,000
10,350
1,450
3,150
11,250
12,150
550
1,850
2,200
1,950
1,250
300
950
500
3,900
6,250
1,600
200
4,000
1,150
2,400
250
400
1,750
800
500
2,086,077

Outstanding.
$44,250
5,600
531,647
4,550
5,500
89,650
11,060
21,850
38,750
87,850
5,700
23,150
22,800
28,050
8,750
6,000
5,300
49,500
46,100
10,900
6,050
31,000
6,300
23,850
47,600
6,250
6,250
7,100
48,250
12,500
19,200
24,500
50,000
4,655,333

92,809,519 15,588,288

252

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 61.—NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JULY 12, 1882,
WITH DATE OF EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND
OUTSTANDING, SUCCEEDED BY ASSOCIATIONS WITH THE SAME OR DIFFERENT
TITLE, OCTOBER 31, 1908.
Circulation.
Name and location of bank.
First National Bank, Kittanning, Pa

Date of
liquidation.
July

2,1882

Issued.

Retired.

Outstanding.

Jan. 1,1889
Apr. 7,1889

Total ..
Monmouth National Bank,Monmouth, 111.
Muskegon N. B., Muskegon, Mich
First National Bank, Richmond, Ky
First National Bank, Port Huron, Mich...

Aug.
Aug.
Oct.
Oct.

18,1890
27,1890
3,1890
15,1890

Total
Union National Bank, Oshkosh, Wis
Jan. 23,1891
First National Bank, Grand Haven, Mich. June 5,1891
Total ..
First National Bank, Plymouth, Mich....
National Bank, Wooster, Ohio
Defiance National Bank, Defiance, Ohio..
First National Bank, New London, Ohio.
Citizens' National Bank, Mankato, Minn.
Third National Bank, Sandusky, Ohio...
Third National Bank, Urbana, Ohio

Nov.
Nov.
Dec.
Mar.
Apr.
Sept.
Oct.

14,1891
29,1891
7,1891
23,1892
27,1892
19,1892
15,1892

Total
Lumberman's National Bank, Muskegon,
Mich
Phoenix National Bank, Medina, Ohio
First National Bank, Chelsea, Vt
Farmers' National Bank,Owatonna, Minn.

Jan.
Feb.
June
June

16,1893
10,1893
10,1893
30,1893

.. .

Second National Bank, Bay City, Mich... May 5,1894
First National Bank, Fanner City, 111
May 30,1894



97,300
41,100
228,100
62,800
135,000
543,050
243,900
55,900
117,000
43,600
87,400
45,000
41,500
257,300
50, 500
65, 900
132,600
89,200
180,000
53,200
45,000
88,900
86,100
88, 400
132,400

95, 011
37.590
218', 391
53,740
131,744
528' 284
238', 685
53, 763
108,835
42,867
84,605
42,448
39,139
250,583
48,205
62, 766
129,762
87,165
175,936
47,520
41,824
86,356
83, 560
86, 494
128,785

2,289
3,510
9,709
9,060
3,256
14, 766
5,215
2,137
8,165
733
2,795
2,552
2,361
6,717
2,295
3,134
2,838
2,035
4,064
5,680
3,176
2,544
2,540
1,906
3,615

100,000
400,000
125,000
50,000
100,000
400,000
150,000

84,300
251,500
111, 500
21,000
43,000
123,900
130,500

75,210
245,560
108,459
20,100
41,215
118,745
130,180

9,090
5,940
3,041
900
1,785
5,155
320

3,776,850

3,643,527

133,323

400,000
100,000

57,763
45,000

52,850
42,760

4,913
2,240

102,763

95,610

7,153

100, 000
100,000
250,000
135, 000

21,800
21,720
66,979
57, 480

20,120
20,310
62,599
54, 747

1,680
1,410
4,380
2,733

167,979

157,776

10,203

200,000
200,000

45,000
45,000

43,298
42,861

1,702
2,139

90,000

86,159

3,841

50,000
53,900
100,000
50,000
70,000
200,000
100,000

45,000
48,510
22,500
11,250
15, 750
45,000
22,500

43, 599
47,015
21,086
10,050
14,875
43,194
20,728

1, 401
1,495
1,414
1,200
875
1,806
1,772

623,900

Total...
Ohio National Bank, Cleveland, Ohio
National Bank, Lebanon, Ky

3,465

200,000
50,000
800,000
1,000,000
150,000
800,000
300,000
100,000
300,000
60,000
100,000
300,000
100,000
350,000
125,000
200,000
150,000
100,000
200,000
75,000
100,000
100,000
100,000
100,000
150,000

400,000

17,1885
24,1885
12,1885
14,1885
1,1885
5,1885
22,1885

$3,465

190,035

585,000

July
July
Aug.
Aug.
Sept.
Sept.
Sept.

$196,035

199,500

500,000

Nov. 12,1884
Dec. 24,1884
Dec. 27,1884
Dec. 29,1884
Jan. 2,1885
Jan. 3,1885
Jan. 10,1885
Jan. 11,1885
Jan. 16, 1885
do
Jan. 17,1885
Jan. 21,1885
do
Jan. 25,1885
Mar. 1,1885
Mar. 9,1885
Mar. 21,1885
Mar. 28,1885
do....
Apr. 1,1885
Apr. 18,1885
Apr. 22,1885
May 4,1885
May 6,1885
July 5,1885

$199,500

7,335,000

N. B. of Beaver Co., New Brighton, Pa...
National Bank, Beaver Dam, Wis
Merchants' N. B., Cleveland, Ohio
Union National Bank, Chicago, 111
First National Bank, Le Roy, N. Y
Evansville N. B., Evansville, Ind
N. Albany Exchange B., Albany, N. Y...
National Bank, Galena, 111
National State Bank, La Fayette, Ind
First National Bank, Knoxville, 111
Farmers' National Bank, Ripley, Ohio
City National Bank, Grand Rapids, Mich.
Lee County National Bank, Dixon, 111
Fort Wayne N. B., Fort Wayne, Ind
National Exchange Bank, Tiffin, Ohio....
National Bank, Malone, N. Y
Jefferson N. B., Steubenville, Ohio
First National Bank, Battle Creek, Mich .
Central National Bank Danville Ky .
KnoxCo. N. B., Mount Vernon, Ohio
First National Bank, Houghton, Mich
National Bank, Fort Edward, N. Y
National Bank, Salem, N. Y
N. Exchange Bank, Seneca Falls, N. Y...
Trumbull National Bank, Warren, Ohio .
Attleborough National Bank, North Attleborough, Mass
American National Bank, Detroit, Mich..
First National Bank, Paris, 111
First National Bank, St. Johns, Mich
Second National Bank, Pontiac, Mich
Raleigh National Bank, Raleigh, N. C
First National Bank, Danville, Ky

$200,000
200,000

Total

Total

Capital.

210, 510

200,547

9,963

100,000
75, 000
50,000
75, 000

22,500
17,100
11,250
17,100

21,325
16,870
9,200
15,878

1,175
230
2,050
1,222

300,000

67,950

63,273

4,677

250,000
50,000

180,000
10,810

175,108
9,854

4,892
956

REPORT OF THE COMPTROLLER OF THE CURRENCY.

253

No. 61.—NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JULY 12, 1882,
WITH DATE OF EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND
OUTSTANDING, SUCCEEDED BY ASSOCIATIONS WITH THE SAME OR DIFFERENT
TITLE, OCTOBER 31, 1908—Continued.
Circulation.
Name and location of bank.
First National Bank, Kasson, Minn
First National Bank, La Grange, Ind
First National Bank, Fairfield, Me

Date of
liquidation.

July 22,1894
July 30,1894
Aug. 1,1894

Feb.

5,1900

Total
Morrow Co. N. B., Mount Gilead, Ohio.
Total
Citizens National Bank, Zanesville, Ohio,
Iron National Bank, Plattsburg, N. Y
Charles City N. B., Charles City, Iowa

May 11,1901
June 4,1901
Oct. 8,1901

Total
Manufacturers N. B., Neenah, Wis
National Bank of Kittanning, Pa
First National Bank, Washington, Iowa..
First National Bank, Evansville, Ind
First N. B., Porter Co., Valparaiso, Ind...
First National Bank, Warren, Ohio
Moss National Bank, San dusky, Ohio....
National Bank, Sandy Hill, N. Y

Nov.
Mar.
Mar.
Apr.
May
July
Oct.
Oct.

28,1901
10,1902
13,1902
16,1902
4,1902
30,1902
20,1902
28,1902

Total
Detroit National Bank, Detriot, Mich
Drovers National Bank, Union Stock
Yards, Chicago, 111
Lindermans N. B., Mauch Chunk, Pa
Old National Bank, Cambridge, Ohio
National Bank of Oshkosh, Oshkosh, Wis.
First National Bank,, Mauch Chunk, Pa..
First National Bank, Bridgeport, Ohio
Vilas National Bank, Plattsburg, N. Y...
First National Bank, Mount Gilead, Ohio.
First N B Mount Pleasant Ohio
Peoples N. B., Barnesville, Ohio
City National Bank, Akron, Ohio
First National Bank, Tipton, Iowa
First National Bank, Shamokin, Pa




228,946

8,724

45,000

43,555

1,445

45,000

43,555

1,445

100,000

83,300

79,930

3,370

83,300

79,930

3,370

50,000
100,000

12,600
45,000

11,765
43,370

835
1,630

57,600

55,135

2,465

134,000
200,000

75,600
45,000

71,770
42,170

3,830
2,830

120,600

113, 940

6,660

50,000

22,500

21,445

1,055

22,500

21,445

1,055

200,000
100,000
50,000

190,100
25,000
12,500

169,605
21,585
11,170

20,495
3,415
1,330

227,600

202,360

25,240

65,000
100,000
50,000
500,000
100,000
100,000
100,000
50,000

65,000
100,000
50,000
50,000
100,000
44,387
93,598
12,500

60,570
91, 955
44,690
42,352
89,725
36,595
81,928
9,880

4,430
8,045
5,310
7,648
10,275
7,792
11,670
2,620
57,790

1,065,000

515,485

457,695

1,000,000

50,000

43,770

6,230

Dec. 13,1902
Dec. 30,1902
Jan. 12,1903
Feb. 1,1903
Feb. 24,1903
do
do
do
do
Feb. 26,1903
May 1,1903
June 2,1903
Sept. 4,1903

250,000
50,000
100,000
200,000
400,000
100,000
100,000
50,000
175,000
100,000
100,000
50,000
100,000

288,747
29,500
40,000
50,000
106,915
100,475
27,267
14,742
51,446
96,545
100,000
40,010
75,000

265,865
26,280
35,610
43,140
88,920
86,610
22,210
10,795
43,494
84,850
86,920
35,710
65,965

22,882
3,220
4,390
6,860
17,995
13,865
5,057
3,947
7,952
11,695
13,080
4,300
9,035

2,775,OGG

1,070,647

940,139

130,508

60,000
100,000
150,000

15,000
24,700
39,599

13,260
20,308
32,532

1,740
4,392
7,067

310,000

79,299

66,100

13,199

50,000
1,500,000
100,000
50,000
500,000
100,000
100,000

12,500
250,000
25,000
50,000
350,000
100,000
45,000

8,990
191,610
20,200
40,947
273,100
79,980
33,910

3,510
58,390
4,800
9,053
76,900
20,020
11,090

Jan. 16,1904
Sept. 15,1904
Oct. 25,1904

Total
First National Bank, Beaverdam, Wis
Commercial N. B., Cleveland, Ohio
Belton National Bank, Belton Tex
First National Bank, West Winfield, N. Y.
Old National Bank, Evansville Ind
Delaware National Bank, Delaware, Ohio.
First National Bank, Albion, Mich

237,670

100,000

Nov. 17,1902

Total. . .
Second National Bank, Colfax, Wash
National Bank of New Brighton, Pa
First National Bank, Danvers, Mass

$866
1,160
850

350,000

1,1898
3,1898

$10,594
21,340
12,050

50,000

May
May

$11,460
22,500
12,900

334,000

Jan. 25,1897
May 14,1897

$50,000
65,000
50,000

150,000

18,1896

Total
Northampton County N. B., Easton, Pa.
National State Bank, Bloomington, 111...

Outstanding.

100,000

Jan.

Total
Walden National Bank, Walden, N. Y . . .
National Bank of Rockville, Ind

Retired.

100,000

Apr. 21,1895

Total
National Bank of Greensboro, N. C

Issued.

465,000

Total
National Bank of Granville, N. Y

Capital.

Nov.
Dec.
Dec.
Dec.
Dec.
Jan.
Jan.

12,1904
1,1904
10,1904
20,1904
22,1904
6,1905
13,1905

254

REPOKT OF THE COMPTROLLER OF THE CURRENCY.

No. 61.—NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JULY 12, 1882,
WITH DATE OF EXPIRATION OP CHARTER, CIRCULATION ISSUED, RETIRED, AND
OUTSTANDING, SUCCEEDED BY ASSOCIATIONS WITH THE SAME OR DIFFERENT
TITLE, OCTOBER 31, 1908—Continued.
Circulation.

Name and location of bank.
First National Bank, Woburn, Mass
National State Bank, Terre Haute, Ind..
First National Bank, Salem, N, Y
National Bank of Battle Creek, Mich
Belfast National Bank, Belfast, Me
Knox N. B., Mount Vernon, Ohio
Farmers National Bank, Richmond, Ky..
Mutual National Bank, Troy, N. Y
First National Bank, Fort Edward, N. Y..
Central National Bank, Troy, N. Y
National Bank of Houghton, Mich
First National Bank, Flint, Mich
Glens Falls N. B., Glens Falls, N. Y
N. B. New England, East Haddon, Conn..
First National Bank, Waupen, Wis

Date of

liquidation.

Jan.

20,1905
do....
F e b . 13,1905
do
F e b . 20,1905
Mar. 10,1905
Mar. 20,1905
Mar. 23,1905
Mar. 26,1905
Apr. 4,1905
Apr. 7,1905
Apr. 17,1905
May 27,1905
June 27,1905
Sept. 1,1905

Total.
Grand total ..




Retired.

Outstanding.

F e b . 7,1908
Apr. 14,1908
May 21,1908

$200,000
200,000
50,000
150,000
100,000
50,000
150,000
250,000
75,000
200,000
150,000
150,000
112,000
32,500
50,000

$50,000
100,000
25,000
150,000
70,000
23,000
90,000
250,000
19,000
200,000
100,000
150,000
112,000
32,500
50,000

$34,042
70,678
21,102
123,155
53,434
17,320
65,989
217,907
12; 575
170,457
70,105
119,840
93,526
22,960
37,543

$15,958
29,322
3,898
26,845
16,566
5,680
24,011
32,093
6,425
29,543
29,895
30,160
18,474
9,540
12,457

2,254,000

1,779,370

474,630

50,000
200,000
50,000
120,000

15,000
50,000
12,500
30,000

8,032
20,700
6,715
14,610

6,968
29,300
5,785
15,390

420,000

Feb. 19,1907
Mar. 3,1907
Apr. 20,1907
June 21,1907

Total
National Live Stock Bank, Chicago, 111...
National Bank of Jacksonville, Fla..
First National Bank, Hailey, Idaho

Issued.

4,319,500

Total
Elk National Bank, Fayetteville, Tenn...
Greenville N. B., Greenville, Tex..
Ouachita National Bank, Monroe, La
Ohio National Bank, Lima, Ohio..

Capital.

107,500

50,057

1,000 000
300,000
75,000

50,000
178,500
18,750

12,050
65,550
6,500

V

57,443

37,950
112,950
12,250

1,375,000

247,250

84,100

163,150

21,757,400

9,684,003

8,565,G99

1,118, 304

EEPOBT OF THE COMPTROLLER OF THE CURRENCY.

255

No. 62.—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, 1908.
Circulation.

Name and location of bank.
First National Bank, Rondout, N. Y

liquidation.

Issued.

Retired.

Outstanding.

First National Bank, Valparaiso, Ind
First National Bank, Stillwater, Minn
First National Bank, Chicago, 111
First National Bank, Woodstock, 111
Second National Bank, Cincinnati, Ohio .
Second National Bank, New York, N. Y .
First National Bank, Portsmouth, N. H..
First National Bank, Richmond, Ind
Second National Bank. Cleveland, Ohio..
First National Bank, New Haven, Conn..
First National Bank, Akron, Ohio
First National Bank, Worcester, Mass
First National Bank, Barre, Mass
First National Bank, Davenport, Iowa...
First National Bank, Kendallville, Ind...
First National Bank, Cleveland, Ohio
First National Bank, Youngstown, Ohio..
First National Bank, Evansville, Ind .
First National Bank, Salem, Ohio..
First National Bank, Scranton, Pa
First National Bank, Centerville, Ind
First National Bank, Fort Wayne, Ind..
First National Bank, Strasburg, Pa
First National Bank, Marietta. Pa
First National Bank, La Fayette, Ind .
First N. B., McConnelsville, Ohio...
First National Bank, Milwaukee, Wis
Second National Bank, Akron, Ohio. .
First National Bank, Ann Arbor, Mich.
First National Bank, Geneva, Ohio
First National Bank, Oberlin, Ohio
First National Bank, Philadelphia, Pa...
First National Bank, Troy, Ohio.
Third National Bank, Cincinnati, Ohio.
First N. B., Cambridge City, Ind
First National Bank, Lyons, Iowa...
First National Bank, Detroit, Mich
First National Bank, Wilkes-Barre, Pa...
First National Bank, Iowa City, Iowa
First National Bank, Nashua, N. H . .
First National Bank, Johnstown, Pa
First National Bank, Pittsburg, Pa
First National Bank, Terre Haute, Ind
First National Bank, Hollidaysburg, Pa..
First National Bank, Bath, Me.
First National Bank, Janesville, Wis. .
Firs,t National Bank, Michigan City, Ind.
First National Bank, Monmouth, 111
First National Bank, Marion, Iowa
First National Bank, Marlboro, Mass
National Bank of Stanford, Ky
First National Bank, Sandusky, Ohio
Total

Apr. 24,1882
Apr. 29,1882
.do
Apr. 30,1882
Apr. 28,1882
. . . .do
Apr. 29,1882
May 5,1882
May 6,1882
.....do..
May 2,1882
May 4,1882
May 9,1882
.....do..
May 12,1882
May 13,1882
May 15,1882
.....do
do
May 18,1882
do
May 22,1882
.....do.
May 27,1882
May 31,1882
...do.
do
.do
June 1,1882
do..
... .do..
June 10,1882
do
June 14,1882
June 15,1882
.do
June 17,1882
June 20,1882
June 24,1882
....do..
do
June 29,1882
do
June 30,1882
do
do
do
July 3,1882
July 11,1882
Aug. 3,1882
Oct. 3,1882
Oct. 6,1882

First National Bank, Sandy Hill, N. Y...
First National Bank, Lawrenceburg, Ind.
First National Bank, Cambridge, Ohio...
First National Bank, Oshkosh, Wis
First N. B., Grand Rapids, Mich
First National Bank, Delphos, Ohio
First National Bank, Freeport, 111
First National Bank, Elyria, Ohio
First National Bank, Troy, N. Y
Second National Bank Detroit, Mich

Dec. 31,1882
Feb. 24,1883
do
do
do
do
do
. ..do .
do
do

$263,705

270,000

263,705

6,295

100,000
300,000

90,000
279,248

87,786
278,118

2,214
1,130

369,248

365,904

3,344

50,000
130,000
1,000,000
50,000
200,000
300,000
300,000
200,000
1,000,000
500,0C0
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
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
100,0C0
60 000
750,000
200 000
50,000
200 000
125,000
100,000
75,000
50,000
200,000
150,000
150,000

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
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
180,0C0
135,000
90,000

43,687
81,591
83,845
44,550
176,700
371,440
280,724
83,711
501,100
351,378
111,237
248,466
132,390
42,981
88,670
260,802
435,309
433,345
108,430
42,150
52,400
40,800
77,782
97,105
168,215
82,620
224,592
100,666
82,308
88,320
56,337
784,808
175 990
599,540
43,320
88,275
331,425
332,390
86,949
87,519
52 895
591,885
136,975
44,195
17fi fins
118,755
44,331
43,769
43,506
176,769
132,825
87,495

1,313
1,865
6,155
450
3,300
5,450
5,276
3,689
9,700
3,932
3,585
3,534
2,610
2,019
1,330
5,660
6,220
9,525
2,110
2,850
12 125
4,200
1,418
1,895
6,845
2,020
4 578
2,040
2,770
1,680
2,045
14,992
4 010
9,960
1,680
1 725
4,920
5,110
1,451
2 481
1 105
2,115
4 600
805
3 395
2 295
669
1,231
1,494
3,231
2,175
2,505

12,715,000

Jan. 31,1881
July 5,1881

$270,000

400,000

First National Bank, Huntington, Ind ...
First National Bank, Indianapolis, Ind...
Total

$300,000
300,000

Oct. 30,1880

Total




Capital.

9,368,010

9,173,872

194,138

50,000
100,000
100,000
100,000
400,000
50,000
100,000
100,000
300,000
1,000,000

45,000
90,000
80,800
47,800
155,900
45,000
53,500
90,000
229,550
363,700

43,657
87,446
79,260
46, 425
152,055
42,590
51,690
88,024
224,677
351,785

1,343
2,554
1,540
1,375
3,845
2,410
1,810
1 976
4,873
11,915

$6,295

256

R E P O R T OF T H E

COMPTROLLER

OF T H E

CURRENCY.

N o . 6 2 . — N A T I O N A L B A N K S THAT H A V E G O N E INTO V O L U N T A R Y L I Q U I D A T I O N U N D E R T H E
P R O V I S I O N S O P S E C T I O N S 5220 A N D 5221 O F T H E R E V I S E D S T A T U T E S , E T C . — C o n t ' d .

Circulation.
Name and location of bank.

Date of
liquidation.

Total
Dec. 1,1883
May 14,1884
June 1,1884
Oct. 31,1884

$87,080
171,516

$2,920
2,784

1,405,550

1,426,205

39,345

100,000
50,000
50,000
100,000

16,850
45,000
42,800
90,000

15,730
44,164
41,514
88,360

1,120
836
1,286
1,640

189,768

4,882

43,850
238,700
18,200

42,216
231,460
17,520

1,634
7,240
680

Feb. 20,1885
Feb. 25,1885
Feb. 28,1885
Mar. 31,1885
June 30,1885
do

150,000
80,000
75,000
100,000
50,000
200,000

135,000
70,600
30,600
89,155
14,650
122,500

132,158
68,590
29,590
87;285
14,560
119,270

2,842
2,010
1,010
1,870
90
3,230

1,255,000

763,255

742,649

20,606

200,000
50,000

45,000
12,240

42,255
11,970

2,745
270

250,000

57,240

54,225

3,015

50,000

13,500

12,880

620

50,000

13,500

12,880

620

75,000
100,000

58,260
22,500

56,388
21,490

1,872
1,010

175,000

80,760

77,878

2,882

100,000

90,000

86,680

3,320

100,000

90,000

86,680

3,320

100,000

22,500

20,825

1,675

100,000

22,500

20,825

1,675

50,000
50,000
100,000
400,000
500,000
300,000
300,000
500,000
500,000

11,250
11,250
22,000
67,875
42,870
61,172
42,450
43,500
43,650

11,035
11,060
21,520
65,710
42,010
53,897
39,000
35,485
38,015

215
190
48C
2,16£
86C
1,211
3,45C
8,0U
5,635

2,700,000

346,017

317,732

28,285

100,000
100,000
700,000
1,000,000

18,950
22,100
49,275
44,000

17,524
21,180
45,145
42,640

1,426
920
4,130
1,360

Jan. 14,1890

Total
Nov. 1,1890
July 13,1891

Total
Indiana National Bank, Lafayette, Ind... Nov. 13,1891
Total
May 31,1893

Total
Grundy County N. B., Trenton, Mo
First National Bank, Trenton, Mo
First National Bank, Colorado, Tex
Saxton National Bank, St. Joseph, M o . . .
Schuster-Hax N. B., St. Joseph, Mo.,
Second National Bank, Louisville, Ky....
Fourth National Bank, Louisville, K y . . .
Kentucky National Bank, Louisville, Ky.
Merchants' National Bank, Louisville, Ky

$90,000
174,300

194,650

Total

Decatur National Bank, Decatur, 111

$100,000
200,000

50,000
500,000
50,000

Farmers' National Bank;Stanford, K y . . . Dec. 31,1888
July 10,1889
Adams National Bank, Adams, N. Y

Sandy River N. B., Farmington, Me
Second National Bank, Aurora, 111

Outstanding.

300,000

Total

Poland National Bank, Poland, N. Y

Retired.

Dec. 31,1884
Jan. 13,1885
Feb. 12,1885

Total
First National Bank, Sturgis, Mich
National Bank of Rutland, Vt
Kent National Bank, Chestertown, Md...
National Fulton County Bank, Gloversville, N Y
First National Bank, Centralia, 111
National Exchange Bank, Albion, Mich..
First National Bank, Paris, Mo
First National Bank, Yakima, Wash
First National Bank Flint Mich

Issued.

2,GOO,000

Feb. 24, 1883
Second National Bank, Peoria, 1 1
1
do
National Fort Plain B., Fort Plain, N. Y.

Logansport N. Bank, Logansport, Ind
National Bank of Birmingham, Ala
First National Bank, Westfield, N. Y
First National B., Independence, Iowa...

Capital.

Dec. 23,1893
Dec. 31,1893
Jan. 9,1894
Feb. 1,1894
do
June 2,1894
do
do
do

Total
Wyoming National Bank, Laramie, Wyo. Mar. 7,1895
Laramie National Bank, Laramie, Wyo... Mar. 15,1895
Merchants' Natbnal Bank, St. Louis, Mo. July 1,1895
do
Laclede National Bank, St. Louis, Mo

1,900,000

134,325

126,489

7,836

Mar. 28,1898
Aug. 31,1898

100,000
75,000

27,000
16,375

23.898
15,855

3,102
520

175,000

43,375

39,753

3,622

Shawmut National Bank, Boston, Mass.. Nov. 25,1898
Western Reserve N. B., Cleveland, Ohio... May 29,1899
do..
N. B of Commerce Cleveland, Ohio .

1,000,000
1,000,000
1,500, 000

489,525
44,100
164,705

450,644
39,200
152.050

38,881
4,900
12,655

3,500,000

698,330

641 894

56,436

250,000
200,000

49,905
45,000

44,245
41,660

5,660
3,340

Total
City N. B., Cedar Rapids, Iowa
First National Bank, Rockhill, S. C
Total

Total
Nov. 28,1899
N. B. of Commerce, Philadelphia, Pa
Clinton National Bank, Columbus, Ohio.. Jan. 8,1900




REPORT OF THE COMPTROLLER OF THE CURRENCY.

257

No. 62.—NATIONAL BANKS THAT HAVE GONE INTO VOLUNTARY LIQUIDATION UNDER THE
PROVISIONS OF SECTIONS 5220 AND 5221 OF THE REVISED STATUTES, ETC.—Cont'd.
Circulatiod.
Date of
liquidation.

$55,000
100,000
1,200,000
1,000,000
100,000
500,000
400,000
125,000
200,000
2,000,000
1,000,000
1,000,000
150,000

$15,960
23,400
540,000
71,540
25,000
50,000
50,290
56*134
50,000
500, COO
208,740
135, 000
50, 000

$14,815
22,900
527,213
52,276
23,540
47,300
38,895
48,134
46,160
470,270
183, 335
51,070
46,290

$1,145
500
12, 784
19,277
1,460
2,700
11,395
8,000
3,840
29,730
25,405
83,930
3,710

8,280,000

1,870,969

1,658,093

212,876

250,000
50,000
100,000
60,000
25,000
100,000
300,000
600,000
300,000
500,000

50,000
12,500
25,000
27,739
10,000
40,000
59,200
63,027
108,980
110,480

46,430
11,680
22,325
23,661
8,610
36,530
25,142
52,457
94,770
94,566

3,570
820
2,675
4,078
1,390
3,470
34,058
10,570
14,210
15,914

2,285,000

506,926

416,171

90,755

60,000
1,000,000
60,000
100,000
150,000
100,000

15,000
68,870
30,000
50,000
37,500
100,000

15,370
48,963
27,210
43,665
32,230
91,640

1,630
19', 907
2,790
6,335
5,270
8,360

1,470,000

First National Bank, Franklinville, N. Y..
National Bank of Dallas, Tex
National Union Bank, New York, N. Y..
Blackstone National Bank, Boston, Mass.
Merchants' N. B., Williamsport, Pa
Equitable National Bank, Baltimore,Md.
City National Bank, Philadelphia, Pa
Mechanics' N. B., Newburyport, Mass
Lincoln National Bank, Chicago, 111
Union National Bank, Chicago, 111
Northwestern N. B., Chicago, 111
N. B. of North America, Chicago, 111
Union National Bank, Racine, Wis

Capital.

Mar. 20,1900
Apr. 9,1900
Apr. 16,1900
Apr. 18,1900
Apr. 24,1900
May 17,1900
June 26,1900
July 17,1900
July 30,1900
Sept. 1,1900
Sept. 15,1900
do
do

Name and location of bank.

301,370

257,078

44,292

100,000
300,000
200,000
200,000
50,000
100,000

99,870
84,886
96,130
146,063
24,250
96,900

86,065
69,847
79.898
127,957
22,570
85,290

13,805
15,039
16,232
18,106
1,680
11,610

Total .
Montana National Bank, Helena, Mont...
Ishpeming N. B., Ishpeming, Mich
National Bank of Paris, Mo
National Bank of Castleton, N. Y
First National Bank, Lowell, Ind
Fowler National Bank, Lafayette, Ind...
Fifth National Bank, Providence, R. I . . .
Rhode Island N, B.,, Providence, R. I
Second National Bank, Providence, R. I .
National Eagle Bank, Providence, R. I...

Feb. 23,1901
Feb. 25,1901
Apr. 30,1901
May 8,1901
May 29,1901
June 29,1901
Sept. 5,1901
do
do
do

Total
Peoples National Bank, Pulaski, Tenn...
Suffolk National Bank, Boston, Mass
Delphos National Bank, Delphos, Ohio...
National Bank of Martinsburg, W. Va
Gainesville N. B., Gainesville, Tex
Pueblo National Bank, Pueblo, Colo

Dee.
Feb.
May
May
June
Oct.

31,1901
20,1902
29,1902
31,1902
2,1902
20,1902

Total
First National Bank, Ravenna, Ohio
Massasoit N. B., Fall River, Mass
National Union Bank, Fall River Mass.
Pocasset National Bank, Fall River, Mass.
First National Bank, Fayette City, P a . . .
N. B. State of Florida, Jacksonville, Fla..

Nov. 10,1902
J u n e 30,1903
do
do
Aug. 1,1903
Sept. 8,1903

Total

Retired.

Outstanding.

950,000

548,099

471,627

76,472

Dec. 1,1904
Jan.
1,1905
do

600,000
100,000
100,000

220,000
50,000
100,000

177,630
42,110
85,840

42,370
7,890
14,160

Mar. 11,1905

500,000

100,000

80,265

19,735

Apr. 1,1905
Apr. 10,1905
May 23,1905
do
June 17,1905

100,000
200,000
2,000,000
500,000
150,000

100,000
200,000
1,000,000
50,000
50,000

90,000
170,720
779,350
32,920
37,160

10,000
29,280
220,650
17,080
12,840

4,250,000

1,870,000

1,495,995

374,005

Dec. 30,1905

300,000

296,200

233,900

62,300

Sept. 15,1906

50,000

12,000

8,925

4,075

350,000

SOS. 2on

242,825

66,375

50,000

12,500

6,230

6,270

50,000

12,500

6,230

6,270

44,155,000 \ 19,334,824

Mercantile N. B., Cleveland, Ohio
National Exchange Bank, El Paso, Tex...
LoudoD National Bank, El Paso, Tex
Merchants and Manufacturers National
Bank, Columbus Ohio
North Attleborough National Bank, North
Attleborough, Mass
Traders' N. B., Clarksburg, W. Va
Mechanics' National Bank, St. Louis, Mo..
American Exchange N. B., St. Louis, Mo.
People's National Bank, Newark, Ohio...

18,088,473

1,246,351

Total
Flour City National Bank, Rochester,
N.Y...:.
Favetteville National Bank, Fayetteville,
W. Va
Total
First National Bank, Yoakum, Tex
Total

Issued.

.

. .

Grand total
622S0—CUR 1908-




; May 18,1907

. . J

-17

258

REPORT OF THE COMPTROLLER OF THE CURRENCY.

No. 63.—NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JULY 12, 1882,
WITH DATE OP EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND
OUTSTANDING OCTOBER 31, 1908.

Circulation.
Name and location of bank.
First National Bank, Pontiae, Mich
First National Bank, Washington, Iowa..
First National Bank, Fremont, Ohio
Second National Bank, Dayton, Ohio
First National Bank, Girard, Pa
Total
First
First
First
First

National
National
National
National
Total

dation.

Capital.

Issued.

Retired.

Outstanding.

4,1884
5,1884
21,1884
10,1884
28,1884

Citizens' National Bank, Indianapolis, Ind .
First National Bank, North East, Pa
First National Bank, Galva, 111
First National Bank, Thorn town, Ind
Muncie National Bank, Muncie, Ind
Merchants' N. B., Evansville, Ind
Saybrook National Bank, Essex, Conn...
Union National Bank, Albany, N. Y
Battenkill National Bank, Manchester, Vt.
First National Bank, Owosso, Mich
Coventry National Bank, Anthony, R. I..
State National Bank, Keokuk, Iowa
Tolland County N. B., Tolland, Conn
City National Bank, Hartford, Conn
West River National Bank, Jamaica, Vt..
Total

Nov.
Dec.
Jan.
Jan.
Jan.
Feb.
Feb.
Mar.
Mar.
Apr.
Apr.
May
June
June
Aug.

11,1884
23,1884
2,1885
13,1885
28,1885
6,1885
20,1885
7,1885
21,1885
14,1885
17,1885
23,1885
6,1885
9,1885
17,1885

National Bank, Lebanon, Tenn

Aug. 30,1886

Total
Feb. 8,1888
Greene County N. B., Springfield, Mo
Union Stock Yards N. B., Chicago, 111.... Feb. 29,1888
Total

620,396

610,214

10,182

120,000
100,000
100,000
150,000

108,000
45,000
90,000
135,000

105,875
43,352
87,805
131,957

2,125
1,648
2,195
3,043

378,000

368, 989

9,011

50,000
300,000
50,000
75,000
56,000

44,300
244, 400
44,200
67,500
50,400

42,770
241,250
42,770
66,460
48,639

1,530
3,150
1,430
1,040
1,761

450,800

441,889

8,911

300,000
• 50,000
50,000
50,000
200,000
250,000
100,000
250,000
75,000
60,000
100,000
150,000
100,000
550,000
60,000

87,800
24,550
36,000
43,740
161,000
90,800
61,200
144,400
57,700
47,700
89,000
45,000
44,100
90,000
54,000

80,429
23,330
34,634
42,350
155,910
84,919
59,855
138,840
56,380
45,572
87,000
43,000
42,427
84,887
52,567

7,371
1,220
1,366
1,390
5,090
5,881
1,345
5,560
1,320
2,128
2,000
2,000
1,673
5,113
1,433

1,076,990

1,032,100

44,890

50,000

24,550

24,400

150

50,000

July
July
July
Sept.
Oct.

$610
1,615
2,013
3,944
2,000

2,345,000

First National Bank, Eaton, Ohio
First National Bank, Leominster, Mass...
First National Bank, Winona, Minn
American National Bank, Hallowell, Me..
First National Bank, Attica, Ind
Total

$88,280
86,950
87,987
258,997
88,000

531,000

Feb. 24,1883
Bank, Xenia, Ohio
. ..do
Bank, Peru 111
do
Bank, Elmira, N. Y
do
Bank, Chittenango, N. Y..

$88,890
88,565
90,000
262,941
90,000

470,000

31,1881
11,1882
22,1882
26,1882
1,1882

$50,000
100,000
100,000
300,000
100,000
650,000

Dec.
Apr.
May
May
June

24,550

24,400

150

100,000
500,000

22,500
45,000

20,727
43,507

1,773
1,433

600,000

67,500

64,294

3,206

Sept 20,1890
Oct. 28,1890
Oct. 31,1890

50,000
50,000
60,000

11,250
13,500
24,950

9,926
12,120
23,678

1,324
1,380
1,272

160,000 .

49,700

45,724

3,976

German National Bank, Evansville, Ind.. Dec. 24,1890
Farmers' and Merchants' National Bank,
Jan. 10,1891
Vandalia,Ul
Mar. 2,1891
National Bank, Chester, S. C

250,000

98,030

93,769

4,261

100,000
100,000

22,500
33,250

20,880
31,515

1,620
1,735

450,000

153,780

146,164

7,616

9,596
35,380
65,480

1,154
1,320
2,370

First National Bank, Decatur, Mich
First National Bank, Mason, Mich
First National Bank, Holly, Mich
Total

Total
First National Bank, Burlington, Wis
Lansing National Bank, Lansing, Mich...
Ashtabula Nat'l Bank, Ashtabula, Ohio..
Second National Bank of New Mexico,
Santa Fe, N. Mex
Total

Dec. 19,1891
Mar. 5,1892
July 11,1892

First National Bank, Petaluma, Cal

Sept. 25,1894




10,750 |
36,700
67,850
33,750

31,253

2,497

149,050

141,709

7,341

200,000

42,900

41,740

1,160

200,000
Feb. 5,1895
Apr. 26,1895

150,000
465,000

July 17,1892

Total
First National Bank, Nunda, N. Y
Union National Bank, Phillips, Me

50,000
185,000
80,000

42,900

41,740 I

1,160

50,000
50,000

11,250
36,838

10,576 ;
35,390 i

674
1,448

EEPOET OF THE COMPTROLLER OF THE CURRENCY.

259

No. 63.—NATIONAL BANKS IN LIQUIDATION UNDER SECTION 7, ACT JUNE 12, 1882,
WITH DATE OF EXPIRATION OF CHARTER, CIRCULATION ISSUED, RETIRED, AND
OUTSTANDING OCTOBER 31, 1908—Continued.
Circulation.
Date of
liquidation.

Name and location of bank.

$20,970

$1,530

70,588

66,936

3,652

200,000

45,000

41,590

3,410

200,000

45,000

41,590

3,410

100,000

37,900

30, 450

7,450

100,000

37,900

30,450

7,450

150,000
50,000
150,000
50,000
300,000
200,000
100,000
50,000
100,000

152,849
12,500
121,360
14, 443
54,312
53,418
28,351
13,395
27,306

136,765
10,560
106, 771
11,070
41,915
46,050
23,288
10,717
21,720

16,084
1,940
14,589
3,373
12,397
7,368
5,063
2,678
5,586

1,150,000

477,934

408,856

69,078

200,000

74,846

58,782

16,064

200,000

74,846

58,782

16,064

22,1904
1,1904
2,1905
26,1905
1,1905
3,1905
10,1905

450,000
60,000
50,000
75,000
50,000
150,000
105,000

125,000

98,438

26,562

30,000
25,000
50,000
40,000
30,000

23,888
19,615
38,145
31,154
19,926

6,112
5,385
11,855
8,846
10,074

June 3,1905
July 15,1905

85,000
225,000

65,000
50,000

54,884
39,125

1,250,000

415,000

325,175

10,116
10,875
89,825

200,000
63,000

50,000
15,500

28,885
10,400

21,115
5,100

1

1

Manistee National Bank, Manistee, Mich . Dec.

3,1901

.

Dec 31,1902
Second Nat'l Bank, Mauch Chunk, Pa
Jan. 31,1903
First National Bank, Felicity, Ohio
Second National Bank, Fall River, Mass.. Feb. 24,1903
do
First Nat'l Bank, Conneautville, Pa
.do
First National Bank Salem, Mass..
do
Second National Bank, Norwich, Conn...
do
Deposit National Bank, Deposit, N. Y —
do
First National Bank, Norwalk, Ohio
do
Second National Bank, Galesburg, 111
Total
Union National Bank, Weymouth, Mass . July 26,1904
Total
Farmers' National Bank, Lancaster, Pa...
Chestertown Nat'l Bank,Chestertown,Md.
Oxford National Bank, Oxford, Mass
Graf ton National Bank, Graf ton, Mass
First National Bank, Corunna, Mich
First National Bank, Chicopee, Mass
Nat'l Landholders Bank, Kingston, R. I..
North Granville National Bank, North
Granville N. Y
National Bank of Raleigh, Raleigh, N. C..

Nov.
Dec.
Jan.
Jan.
Mar.
Apr.
Apr.

Total
Mar. 29,1906
Union National Bank, Detroit, Mich
National Bank of Laurens, Laurens, S. C . . July 10,1906
Total
Grand total




Outstanding.

$22,500

Second National Bank, Richmond, Ky... Nov. 4,1897

Total

Retired.

200,000

. . !

Total

Issued.

$100,000

Perkiomen National Bank, Pennsburg, Pa. Sept. 10,1895
Total

Capital.

263,000

65,500

39,285

26,215

9,284,000

4,200,434

3,888,297

312,137

260

KEPOKT OF T H E COMPTROLLER OF T H E

CURRENCY.

No. G4.—NUMBER AND CAPITAL OF NATIONAL B A N K I N G ASSOCIATIONS PLACED IN
VOLUNTARY LIQUIDATION, THOSE CLOSED BY EXPIRATION OF CORPORATE E X I S T E N C E ,
WITH N U M B E R AND CAPITAL OF ASSOCIATIONS LIQUIDATED AND CLOSED BY E X P I RATION OF CORPORATE E X I S T E N C E SUCCEEDED BY ASSOCIATIONS WITH SIMILAR
TITLES.

Year ended

sucLiquidations, sec. Expirations new
ceeded by
5220, U. S. R. S.
associations.

October 31—

Number.
4
5
5
11
19
16
16
9
13
19
19
38
31
24
39
38
10
24
19
23
22
31
24
23
33
37
41
34
42
43
61
43
34
69
60
63
28
25
57
43
62
81
77
79
77

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
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908

Total .

Capital.

$330 000
750' 000
2 060 000
2 595 500
3 322 710
2 900 000
1 000 000
2,340,500
3 364 700
2 745 000
3 869 500
2 865 000
2,229,000
4 100 000
4 450 000
870,000
1 820 000
1,555,000
4 566 000
2,916,250
6,520.300
1,726,100
2 312 450
3,671 000
3,516,000
4,255,000
3,360,000
5,018,000
5,710 000
6,835,000
4,143.100
3,745 000
9 409 000
11,450,000
20,485,000
4,144,950
5 005 000
19,555,000
25,845,000
19,775,000
14,590,000
12,610,000
1J, 275,000
11,040,000

1,571 266,645,060




Number.

Capital.

Liquidations, sec.
5220, U. S. R. S.,
s u c c e e d e d by
new a s s s o c i a tions.

Expirations n o t
succeeded by
o t h e r associations.

Number.

Number.

Capital.

i

1

$200,000

32

7,335,000

2
4
2
7
4
5
1
1
2
2

500,000
585,000
400,000
623,900
300,000
465,000
100,000
100,000
150 000
334,000

1
3
8
14
3
22

50,000
350,000
1,065,000
2,775,000
310,000
4,319,500

4
3

420,000
1,375,000

121

21,757,400

!

1
2
52
12
4
9

$300,000
400,000
12,715,000
2,600,000
300,000
1,255,000

2
1
2
1
1
9
4

250,000
50,000
175,000
100,000
100,000
2,700,000
1,900,000

2
3
15
10
6
6
9
2
1

4,250,000
350,000
50,000

154

44,155,000

i

i75,666
3,500,000
8,280,000
2,285 000
1, 470,000
950,000

Capital.

5
4
5
15
1

$650,000
470,000
531,000
2,345,000
50,000

2

600,000

3
3
4

160,000
450,000
465,600

1
3

200,000
200,000

1

200 000

1
9
1
9
2

100,000
1,150,000
200,000
1,250,000
263,000

69

9,2i. \ 000

No. 65.—NATIONAL BANKING ASSOCIATIONS PLACED IN VOLUNTARY LIQUIDATION DURING THE YEAR ENDED OCTOBER 31, 1908, ABSORBING
ASSOCIATIONS, IN CASES OF CONSOLIDAT/ON OF INTERESTS, TOGETHER WITH THE CAPITAL PRIOR AND SUBSEQUENT TO THE CHANGES.

Date of
liquida- No.
tion.

Title and location.

1907.
Nov. 1 7852 First National Bank of Adams
Succeeded by the Scandia American Bank of Adams.
2 7926 Federal National Bank, Chicago
5 8887 German-American National Bank of Marion
18 3768 Fourth National Bank of Waterburv.
Consolidated with the Colonial trust Co., Waterbury
20 5124 Grant Park National Bank, 'Grant Park
Merged with the Grant Park Trust and Savings Bank
26 7466 Merkel National Bank, Merkel
Absorbed by the First National Bank of Merkel
5661
Dec. 7 4463 Planters and Mechanics National Bank of Houston
Absorbed by the Union Bank and Trust Co., Houston
28 3490 First National Bank of High Point
Absorbed by the Commercial National Bank of High Point
.4568
30 7515 Farmers and Merchants National Bank of Tyler
Consolidated with the Citizens National Bank of Tyler
5343
1908.
Jan. 1 8925 Western National Bank of Odessa
Consolidated with the Citizens National Bank of Odessa
8169
14 2862 First National Bank of Macon
Consolidated with the State Exchange Bank of Macon
14 8634 Beaver National Bank of New York
16 8056 Hollis National Bank, IToIlis
Consolidated with the First National Bank of Hollis
8061
18 4726 Atlantic National Bank of Wilmington
Consolidated with the Murchison National Bank of Wilmington
5182
25 8676 Porter National Bank, Porter
Absorbed by the First National Bank of Porter
7615
30 1774 State National Bank of New Orleans
Feb. 6 6710 Lindsay National Bank, Lindsay
Liabilities assumed by the Farmers Exchange Bank of Lindsay...
7 3847 National Live Stock Bank of Chicago a
Succeeded by the Live Stock Exchange National Bank of Chicago.
9010
26 8843 First National Bank of Turnersville
Consolidated with the First State Bank of Turnersville
28 3238 First National Bank of Humboldt
Absorbed by the National Bank of Humboldt
7065
a Expired by limitation.




State.

N. Dak.
...do...
Ill
Wis
Conn
I do
111..
...do.
Tex...
...do.
...do.
....do.
N. C .
...do.
Tex...
...do.
.do.
.do.

Mo.

.do.
N. Y.
Okla..
do.
N. C.
do.
Okla
.do.
Okla.
.do.
111..
.do.
Tex.
....do.
Nebr..
...do.

Capital of absorbing
banks.
Capital of
liquidatPrior to After coning banks. consolidasolidation.
tion.
25,000
500,000
25,000
100,000
50,000
25,000
$80,000

$80,000

200,000

166,666
150,000

150,100

"166," ooo'

"166,666

156,'6co

40,000 I
25,000 I

50, COO

50,000 !
200,000 i25,000
30,000

30,0C0

500,000

550,COO

25,000

25,COO

1,250,000

1,250,000

125,000
25,000 !
j

300,000
40,000
1,000,000

""*25,~ 666'
'56,666

30,000 I

30, COO

No. 65.—NATIONAL BANKING ASSOCIATIONS PLACED IN VOLUNTARY LIQUIDATION DURING THE YEAR ENDED OCTOBER 31, 1908, ABSORBING
ASSOCIATIONS, IN CASES OP CONSOLIDATION OF INTERESTS, TOGETHER WITH THE CAPITAL PRIOR AND SUBSEQUENT TO THE CHANGES—Cont'd.

Date of
liquidation.

No.

1908.
Mar. 3

8553

14

7454

16

26

6911
4385
7952
7346
960
6077
549

26

7857

31

1

6336
3872
5965

5

5246

11

21

5732
5171
3869
9049
4244

21

2089

17
18

Apr.

14

May

1 7777
4
7
15

3872
4359
411
379
5155
789

21 3895
9145

State.

Title and location.

First National Bank of Kiefer
Reorganized as a State bank, Kiefer. . .
Peoples National Bank of Muncie
Purchased by the Peoples Trust Co. of Muncie
City National Bank of Muskogee
Consolidated with the First National Bank of Muskogee .
National Bank of Fayetteville
Consolidated with the First National Bank of Fayetteville
Prescott National Bank of Lowell
Absorbed by the Union National Bank of Lowell
First National Bank of Gloucester
Absorbed by the Gloucester Safe Deposit and Trust Co., Gloucester
First National Bank of Mylo . . .
..
Reorganized as a State bank Mylo
Third National Bank of Albany
Absorbed by the Citizens First National Bank of Albany
Farmers National Bank of Punxsutawney
.
Business taken over by the Farmers and Miners' Trust Co , Punxsutawney
Choctaw National Bank of Cad do
Succeeded by the Bryan County State Bank, Caddo
City National Bank of Tulsa
.
. . .
Consolidated with the First National Bank of Tulsa
National Bank of Jacksonville o,
Succeeded by the Barnett National Bank of Jacksonville
Traders National Bank of Washington
Consolidated with the Merchants and Mechanics Savings Bank, Washington
Veazie National Bank of Bangor
Absorbed bv the Merrill Trust Co. of Bangor
Citizens National Bank of Albany
Consolidated with the Citizens' First National Bank of Albany
City National Bank of Marshall town
Consolidated with the First National Bank of Marshalltown
National Bank of the Republic of Boston
Consolidated with the National Shawmut Bank of Boston
Newton National Bank Newton
Consolidated with the Newton Centre Trust Co , Newton
First National Bank of H alley «
. . . .
Succeeded by the Hailey National Bank, Hailey




Capital of
liquidating b a n k s .

Okla....
do
Ind
do

Prior to
After conconsolida- solidation.
tion.

$25,000
100,000

Okla
. do..
Ark
do .
Mass
do . .
. . .

Capital of absorbing
banks.

do
do

100,000
$250,000

$250,000

60,000
50,000

125,000

350,000

350,000

300,000
200,000

N. D a k .
do
Ga
do

25,000

Pa

50,000

50,000

do

Okla
. . .

. . .

do . .
do...

Fla

do
D. C
do
Me
do
Ga
do
Iowa
do
Mass

. . .

50,000

do

..

25,000
100,000

125, 00

750,000

750,000

300,000
200,000
100,OCO

..
50,000
100,000

150,000

100,000

200,000

3,500,000

3,500,000

56,666

50,000

100,000

..
...

do
do
do
I d a h o ..
....do...

2,000,000
200,000
75,000

26 8380 f Hazelhurst National Bank, Hazelhurst
2591 Commercial National Bank of Detroit
2707
Consolidated with the First National Bank of Detroit
1 6122 Citizens National Bank of Washington
8 561 Consolidation National Bank of Philadelphia
Purchased by the Union National Bank of Philadelphia
563
18 2730 Third National Bank of Cincinnati
2798
Consolidated with the Fifth-Third National Bank of Cincinnati
20 5113 Citizens National Bank of Cedar Rapids
Consolidated with the Merchants National Bank of Cedar Rapids
2511
July 1 8110 Merchants National Bank of Covington
Consolidated with the First National Bank of Covington
718
6 6392 National Bank of Wichita
3683
Consolidated with the Fourth National Bank of Wichita
7 7771 Thomas National Bank, Thomas
Reorganized as a State bank, Thomas
15 3206 National Bank of Commerce of Minneapolis
Absorbed by the North Western National Bank of Minneapolis
2006
18 8232 Wind River National Bank of Shoshoni
Absorbed by the First National Bank of Shoshoni
7978
22 8662 First National Bank of Cutter..
31 3488 Fifth National Bank of Grand Rapids
Consolidated with the Commercial Savings Bank of Grand Rapids
Aug. 1 8144 First National Bank of Cement
Reorganized as a State bank, Cement
1 8432 First National Bank of Wheatland
Purchased by the State Bank of Wheatland
5 5177 First National Bank of Hattiesburg
Consolidated with the First-National Bank of Commerce of Hattiesburg.
5176
18 8231 Enid National Bank, Enid
Succeeded by the Bank of Enid
31 6307 Citizens National Bank of Anadarko
Consolidated with the First National Bank of Anadarko
5905
*
31 7783 First National Bank of Lamont
Succeeded by the First State Bank of Lamont
Sept. 1 6267 City National Bank of Hobart
Reorganized as the Ci cy State Bank, Hobart
4 6365 Madill National Bank, Madill
Reorganized as a State bank, Madill
7 5887 First National Bank of Okeene
Reorganized as a State bank, Okeene
10 6736 First National Bank of Foss
Purchased by the First State Bank of Foss.
12 8669 First National Bank of Laurel
Succeeded by the Laurel State Bank, Laurel
12 7321 Coalgate National Bank, Coalgate
Succeeded by the Coalgate State Bank
15 1451 National Traders Bank of Portland
Absorbed by the Fidelity Trust Co., Portland

June 1




i,000
Pa
Mich..
1,000,000
do.
750,000
50,000
Iowa..
300,000
Pa
500,000
do .
j Ohio..
1,200,000
do..
.,'666,'666
200,000
j Iowa..
!
do.
100,000
I Ky
100,000
I
do.
"366," 666
I Kans.,
100.000
!
do.
"206,666
I Okla..
i,000
j
do.
I Minn.
1,000,000
!
do.
1,000,000
I Wyo..
25,000
do
25,000
25,000
N.Mex.
100,000
Mich...
....do...
Okla...
25,000
....do...
Wyo...
25,000
do...
Miss
100,000
....do...
325,000
Okla...
'm'} 666
....do...
....do..
25,0Q0
....do...
25,000
....do...
"25,666
...do...
....do...
25,000 I
....do...
....do...
60,000
....do...
do...
25,000
do...
do...
"25 ,"666" I
do...
j Mont
25,000
I
do
I Okla.
""so," 666
i
do
j Me
| '200,000
I... .do... J

1,250,000
500,000

2,566,666
200,000

o

'366," 666

H
O

'206,600

H
2,000,000
25,000

W
H

O
O

d
H
W

o
425,000

50,000

o

a Expired by limitation.
00

No. 65.—NATIONAL BANKING ASSOCIATIONS PLACED IN VOLUNTARY LIQUIDATION DURING THE YEAR ENDED OCTOBER 31, 1908, ABSORBING
ASSOCIATIONS, IN CASES OF CONSOLIDATION OF INTERESTS, TOGETHER WITH THE CAPITAL PRIOR AND SUBSEQUENT TO THE CHANGES—Cont'd.

Date of
liquida- No.
tion.

Title and location.

State.

1908.
Sept. 15 9193 Lockney National Bank, Lockney
9126
Consolidated with the First National
18 7485 Greene County National Bank of Hunter Bank of Lockney
21 8815 Peoples National Bank of Aspen
Assets purchased by the Aspen State Bank
25 7924 Comal National Bank of New Braunfels
Reorganized as a State bank, New Braunfels
29 8565 City National Bank of Karnes City
Consolidated with the Karnes County National Bank of Karnes City
5614
Oct. 1 8210 National Bank of Hastings
Reorganized as a State bank, Hastings
1 1904 First National Bank of Plymouth.
Consolidated with the Peoples National Bank of Plymouth.
7035
1 6689 Weleetka National Bank, Weleetka
Reorganized as a State bank, Weleetka
2 8543 First National Bank of Gage
Succeeded by a State bank, Gage
3 8928 Farmers National Bank of Gatesville
Absorbed by the Gatesville National Bank, Gatesville
6150
5 6450 City National Bank of Norman
Reorganized as First State Bank of Norman
•
10 7071 Citizens National Bank of Ada
Reorganized as a State bank, Ada
12 5366 First National Bank of Clutier
Purchased by the Clutier State Bank, Clutier
13 6040 First National Bank of Center Point
31 5247 Medford National Bank, Medford
Purchased by the Medford Trust Co., Medford
Total (80 banks)




Tex...
j N. do.
Y.
Colo...
! do..
i Tex...
i do..
! do..
! do.,
I Okla..
do..
Ohio.
...do..
Okla..
...do..
...do..
...do.
Tex...
...do.
Okla..
....do.,
...do..
...do..
Iowa..
...do..
Tex...
Mass..
...do..
,

Capital of absorbing
banks.
Capital of
liquidatPrior to After coning banks. consolidasolidation.
tion.
$25,000 I
25,000 j
25,000
25000

to

O
H
O

$25,000

825,000

50,000

50,000

25,000

25,000

H
W
O

40,000

40,000

o

35,000 !

o
o

25,000
25,000
50,000
25,000

25,000
30,000
50,000

H

50,000

K
O

25,000

25,000
100,000
12,415,000 11,805,000

W
15,405,000

w
o

266

REPOET OF THE COMPTROLLER OF THE CURRENCY.

No. 66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF RECEIVDATE OF FAILURE, CAUSE OF FAILURE, DIVIDENDS PAID WHILE SOLVENT,
REDEEM CIRCULATION, THE AMOUNT REDEEMED, AND THE AMOUNT OUTSTANDTotal dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.

Date.

199

Jan. 14,1864

$50,000

2 Venango National Bank, Franklin, Pa. 1176
3 Merchants' N. B., Washington, D. C... 627

May 20,1865
Dec. 14,1864

300,000
200, 000

229
1225
1537
162
1463
1223
1556

Feb. 3,1864
June 5,1865
Aug. 24,1865
Dec. 18,1863
July 17,1865
June 5,1865
Sept. 9,1865

50,000
100,000
100,000
500,000
150,000
300,000
200,000

11
12
13

1141
First National Bank, Bethel, Conn
First National Bank, Keokuk, I o w a —
80
National Bank of Vicksburg, Miss
803

May 15,1865
Sept. 9.1863
Feb. 14,1865

60,000
50,000
50,000

14
15

First National Bank, Hockford, 111
First N. B. of Nevada, Austin, Nev

429
1331

May 20,1864
June 23,1865

50.000
155,000

1232
1691
384
286
1192
1631

June
Mar.
Apr.
Feb.
May
Feb.

6,1865
13,1869
16,1864
26,1864
29,1865
6,1866

1,000,000
250,000
250,000
100,000
106,100
50,000

1978
1473
1937
1388
26
1372
1548
1378
436
1825
21

May 7,1872
July 21,1865
Feb. 15,1872
Julv 1,1865
July 16,1863
July 1,1865
Sept. 1,1865
Julv 1,1865
May 24,1864
May 27,1871
June 29,1863

250,000
175,000
500,000
300,000
500,000
750,000
140,000
120,000
100,000
600,000
50,000

44
1660
271

July 31,1863
Aug. 23,1866
Feb. 23,1864

2066
1695
1845
900
1463

1

First National Bank, Attica, N. Y

s
Q
10

Surplus.

Amount.

$1,780

91
££
P

Per
cent.

!

Total
4
5
6
7

Capital.

First National Bank, Medina, N. Y . . . .
Tennessee N. B., Memphis, Tenn
First National Bank, Selma, Ala
First National Bank, New Orleans, La.
National Unadilla B., Unadilla, N. Y . .
Farmers & Cits' N. B., Brooklyn, N. Y.
Croton National Bank, New York, N. Y.

Eg
3|
err

Total

© w
*M

2,236

Total

Total

.

465

$7,500

4.9

...

16
17
18
19
20
21

Ocean National Bank, New York, N. Y.
Union Square N. B., New York, N. Y..
Eighth National Bank, New York, N.Y
Fourth N. B., Philadelphia, Pa
Waverly National Bank,Waverly, N.Y.
First National Bank, Fort Smith, Ark.

22
23
24
25
26
27
28
29
30
31
32

Scandinavian N. B., Chicago, 111
Wallkill N. B., Middletown, N. Y
Crescent City N. B., New Orleans, La..
Atlantic N. B., New York, N. Y
First National Bank, Washington, D. C.
N. B. of the Commonwealth, N. Y., N.Y.
Merchants' N. B., Petersburg, Va
First National Bank, Petersburg, Va...
First National Bank, Mansfield, Ohio..
N. 0. N. B. Assoc, New Orleans, La...
First National Bank, Carlisle, Pa

33
34
35

First National Bank, Anderson, Ind...
First National Bank, Topeka, Kans—
First National Bank, Norfolk, Va

36
37

Gibson County N. B., Princeton, Ind..
First National Bank of Utah, Salt
Lake City, Utah.
Cook County N. B., Chicago, 111
First National Bank, Tiffin, Ohio
Charlottesville National Bank, Charlottes ville, Va.

421,052

42.1

140,000

56.0

24,403
18,000

23.0
36.0

103,250
25,000
183,000
805,000
429,250
134,200
97, 770
102,666
108,000
42,000

59.0
5.0
61.0
161.1
57.2
95.9
81.5
102.6
18.0
84.0

50,000
50,000
100,000

31,150
46,000
90; 500

62.3
92.0
90.5,

Nov. 30,1872
Nov. 15,1869

50,000
100,000

6,000
125,000

12.0
125.0

Julv 8,1871
Mar. 16,1865
Julv 19,1865

300.000
100,000
100,000

53,333
108,279
149.245

17.8
108.2
149.2

9,424

Total

59, 472

Total

Total

38
39
40

Total




267

EEPOET OF THE COMPTBOLLEB OF THE CUBBENCY.

ERS, TOGETHER WITH CAPITAL AND SURPLUS AT DATE OF ORGANIZATION AND AT
CIRCULATION ISSUED, LAWFUL MONEY DEPOSITED WITH THE TREASURER TO
ING OCTOBER 31, 1908.

Failures.

Circulation.
Lawful
money deposited.

Capital.

Surplus.

Receiver ap- Cause
of
pointed.
failure.

Issued.

Redeemed.

Outstanding.

$50,000

Apr. 14,1865

W

$44,400

$44,400

$44,166

$234

300,000
200,000

May
May

1,1866
8,1866

U
U

85,000
180,000

85,000
180,000

84,804
179,469

196
531

265,000

265,000

264,273

727

Mar.
Mar.
Apr.
May
Aug.
Sept.
Oct.

13,1867
21,1867
30,1867
20,1867
20,1867
6,1867
1,18.67

T
V
B
&
U
G

40,000
90,000
85,000
180,000
100,000
253,900
180,000

40,000
90,000
85,000
180,000
100,000
253,900
180,000

39,761
89,778
84,611
178,920
99,830
252,958
179,727

239
222
389
1,080
170
942
273

928,900

928,900

925,585

3,315

20,000
5,000

Feb. 28,1868
Mar. 3,1868
Apr. 24,1868

N
Q
N

26,300
90,000
25,500

26,300
90,000
25,500

26,168
89,670
25,443

132
330
57

141,800

141,800

141,281

519

1,400
5,580

Mar. 15,1869
Oct. 14,1869

B
U

45,000
129,700

45,000
129,700

44,743
128,797

257
903

174,700

174,700

173,540

1,160

Dec.
Dec.

V

40,000
33,905
27,139
2,509

13,1871
15,1871
do
Dec. 20,1871
Apr. 23,1872
May 2,1872

800,000
50,000
243,393
179,000
71,000
45,000

800,000
50,000
243,393
179,000
71,000
45,000

794,017
49,781
241,435
178,000
70,166
44,550

5,983
219
1,958
1,000
834
450

1,388,393

1,388,393

1,377,949

10,444

17,000
3,045
56,000
108,000
56,027
18,302
11,801
16,000
14,161
25,000

Dec. 12,1872
Dec. 31,1872
Mar. 18,1873
Apr. 28,1873
Sept. 19,1873
Sept. 22,1873
Sept. 25,1873
do
Oct. 18,1873
Oct. 23,1873
Oct. 24,1873

B
B
M
A
M
V
R
R
P
W
U

135,000
118,900
450,000
100,000
450,000
234,000
360,000
179,200
90,000
360,000
45,000

135,000
118,900
450,000
100,000
450,000
234,000
360,000
179,200
90,000
360,000
45,000

134,800
117,895
448,925
98,921
443,969
231,185
357,460
177,600
89,073
357,500
44,575

200
1,005
1,075
1,079
6,031
2,815
2,540
1,600
927
2,500
425

2,522,100

2,522,100

2,501,903

20,197

23,839
7,000
3,000

Nov. 23,1873
Dec. 16,1873
June 3,1874

P
P
G

45,000
90,000
95,000

45,000
90,000
95,000

44,275
89,265
93,835

725
735
1,165

230,000

230,000

227,375

2,625

50,000
150,000

1,000
18,719

Nov. 28,1874
Dec. 10,1874

43,800
118,191

43,800
118,191

43,615
117,480

185
711

500,000
100,000
200,000

80,000
20,000
22,254

Feb.
1,1875
Oct. 22,1875
Oct. 28,1875

X
V
V
E

285,100
45,000
146,585

285,100
45,000
146,585

283,778
44,205
144,970

1,322
795
1,615

638,676

638,676

634,048

4,628

500,000
50,000
100,000
100,000
500,000
120,000
300,000
200,000

§2,288
20,435
4,788
37,903
32,000

1,370,000
60,000
100,000
50,000

47610

210,000
50,000
250,000
300,000
1,000,000
200,000
250,000
200,000
106,100
50,000

150,000

u
F
U
u

V

1,806,100
250,000
175,000
500,000
300,000
500,000
750,000
400,000
200,000
100,000
600,000
50,000
3,825,000
50,000
100,000
100,000
250,000

1,000,000




u

268

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No.

66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF
Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.
41
42
43
44
45
46
47
48
49

Miners' N. B., Georgetown, Colo
Fourth National Bank, Chicago, lll.a.^
First National Bank, Bedford, Iowa....
First National Bank, Osceola, Iowa
First National Bank, Duluth, Minn....
First National Bank, La Crosse, Wis...
City National Bank, Chicago, 111
Watkins National Bank, Watkins, N. Y.
First National Bank, Wichita, K a n s . . .

50
51
52
53
54
55
58
57
58
59

First N. B., Greenfield, Ohio a
National Bank of Fishkill, N. Y
First National Bank, Franklin, Ind
Northumberland County National
Bank, Shamokin, Pa.
First National Bank, Winchester, 111...
N. Exchange B., Minneapolis, Minn—
N. B. of State of Mo., St. Louis, Mo
First National Bank, Delphi, Ind
First National Bank, Georgetown, Colo.
Lock Haven N. B., Lock Haven, P a . . .

60
61
62
63
64
65
66
67
68
69
70
71
72
73

Third National Bank, Chicago, 111
Central National Bank, Chicago, 111
First National Bank, Kansas City, Mo..
Commercial N. B., Kansas City, Mo
First National Bank, Ashland, Pa.o....
First National Bank, Tarry town, N. Y . .
First National Bank, Allentown, Pa.a...
First N. B., Waynesburg, Pa.o
Washington Co. N. B., Greenwich, N. Y.
First National Bank, Dallas, Tex
People's National Bank, Helena, Mont.
First National Bank, Bozeman,Mont...
Merchants' N. B., Fort Scott, Kans.o...
Farmers' N. B., Platte City, Mo

74
75
76
77
78
79
80
81

First N. B., Warrensburg, Mo
German-American N. B., Wash.,D. C-..
German National Bank, Chicago, TH.a...
Commercial N. B., Saratoga Spgs., N. Y .
Second National Bank, Scran ton, Pa.o..
National Ban& ol Poultney, Vt
First National Bank, Monticello, Ind...
First National Bank, Butler, Pa

82
83
84

First National Bank, Meadville, Pa
First National Bank. Newark, N. J
First National Ban¥, Brattleboro, V t . . .

115
52
470

85
86
87

Mechanics' N. B., Newark, N. J
1251
First National Bank, Buffalo, N. Y
235
Pacific National Bank, Boston, Mass... 2373

88

First N. B. of Union Mills, Union City,
Pa.
Vermont N. B., St. Albans, Vt

2199
276
2298
1776
1954
1313
818
456
1913

Date.

Oct.
Feb.
Sept.
Jan.
Apr.
June
Feb.
June
Jan.

Capital.

30,1874
24,1864
18,1875
26,1871
6,1872
20,1865
18,1865
2,1864
2,1872

Surplus.

$150,000
100,000
50,000
50,000
50,000
50,000
250,000
75,000
50,000

Per
Amount. cent.
$4,500
184,008

3.0
184.0

23,500
25,000
31,500
182, 500
85,450
36,975

46.1
50.0
63.0
73.0
113.9
73.9

80,300
143,000
222,319
670,000

160.6
71.5
370. 5
1000. 0

71,750
124,000

143. 5
248.0

Total
101
971
50
689

50,000
200,000 $30,205
60,000
67,000 2,976

Oct. 7,1863
Apr. 1,1865
Aug. 5,1863
Jan. 9,1865

1484
719
1665
1949
1991
1273

July
Jan.
Oct.
Mar.
May
June

25,1865
16,1865
30,1866
25,1872
31,1872
14,1865

50,000
50,000
3,410,300
100,000
50,000
120,000

236
2047
1612
1995
403
364
161
305
1266
2157
2105
2027
1927
2356

Feb.
Sept.
Nov.
June
Apr.
Apr.
Dec.
Mar.
June
July
May
Aug.
Jan.
May

5,1864
18,1872
23,1865
3,1872
27,1864
5,1864
16,1863
5,1864
13,1865
16,1874
13,1873
14,1872
20,1872
5,1877

120,000
200,000
100,000
,100,000
60,000
50,000
100,000
100,000
200,000
100,000
100,000
50,000
50,000
50,000

1856
2358
1734
1227
49
1200
2208
309

July
May
Nov.
June
Aug.
May
Dec.
Mar.

31,1871
14,1877
15,1870
6,1865
5,1863
31,1865
3,1874
11,1864

45,000

45.0

153,600

128.0

1,035,000
38,000
540,500
25,'000
187,131
132,250

802.5
19.0
540.5
25.0
311.9
264.5

222

86,692
205,940
45, 750
10,000
20,000
34, 731
4,000

86.7
102.9
45.7
10.0
40.0
69.5
8.0

50,000
130,000 2,666
250, 000
100,000 11,872
100,000
100,000
50,000
50,000

57,750

115.5

113,000
392,125
92,000
7,400
139,000

113.0
392.1
92.0
14.8
278.0

Oct. 27,1863
Aug. 7,1863
Juno 30,1864

70,000
125,000
100,000

248.40Q
605,250
387,000

354.8
484. 2
387.0

June 9,1865
Feb. 5,1864
Nov. 9,1877

500,000 251,802 1,198,000
100,000
287,500
250,000
75,000

239.6
287.5
30.0

15,000

Total

i,666
7,214

Total

Total

Total

Total

89

110

Oct. 23,1863

50,000

91,955

183.9

1583

Oct. 11,1865

200,000

186,000

93.0

Total




a Formerly in voluntary liquidation.

REPORT OF THE COMPTROLLER OF THE CURRENCY.
RECEIVERS,

TOGETHER

WITH CAPITAL AND SURPLUS,

269

ETC.—Continued.

Failures.

Circulation.
Lawful
money deposited.

Capital.

$150,000
200 000
30 000
50,000
100,000
50,000
250,000
75,000
60,000

Surplus.

$968

Receiver appointed.

Cause
of
failure.

Jan. 24,1876
Feb
1,1876
do
Feb. 25,1876
Mar. 13,1876
Apr. 11,1876
May 17,1876
July 12,1876
Sept. 23,1876

V

Mar.
May
June
July
Aug.
Aug.

16,1877
24,1877
23,1877
20,1877
18,1877
20,1877

w
u
V

3,344,000
200,000
10,000
25,000
6,392
19,000
25,000
220,000

Nov. 24,1877
Dec.
1,1877
Feb. 11,1878
do....
Feb. 28,1878
Mar. 23,1878
Apr. 15,1878
May 15,1878
June 8,1878
do
Sept. 13,1878
Sept. 14,1878
Sept. 25,1878
Oct. 1,1878

V
V
X

10,600
2,000
125,000
40,476
70,000
4,000
2,000
10,600

Nov. 1,1878
do
Dec. 20,1878
Feb. 11,1879
Mar. 15,1879
Apr. 7,1879
July 18,1879
July 23,1879

X
p
B
X
X
N
E

20,000
62,584
57,000

June 9,1880
June 14,1880
Jane 19,1880

R
F
N

400,000
50,000

Nov. 2,1881
Apr. 22,1882
May 22,1882

C
P

s
v

24,000
5,000
8,000
7,000
13,500

v

V
V
N

v
p
V
Q
Q
X
N

2,612,500

x

1,230,000

700,000
500,000
100,000
961,300

s

1,561,300
50,000

13,455

Mar. 24,1883

200,000

25,000

Aug.

250,000




9,1883

•

929
2,020
1,765
880

45,000
90,000
296,274
45,000
45,000
71,200

M
W
M
O

8,529

28,733
175,180
90,327
59 420

45,000
90,000
296,274
45,000
45,000
71,200

44,288
88,990
281,234
44,308
44,705
70,308

712
1,010
15,040
692
295
892

951,728

927,493

24,235

597,840
45,000
44,490
44,500
75,554
89,200
78,641
7 002
114,220
29,800
89,300
44, 400
35,328
27,000

597,840
45,000
44, 490
44,500
75,554
89,200
78,641
7 002
114,220
29,800
89,300
44,400
35,328
27,000

587,359
44,557
42,500
43 678
74, 496
87,430
75,366
6 277
112)515
29,420
88,941
43,830
34,718
26,790

10,481
443
1,990
822
1,058
1,770
3,275
795
1,705
380
359
570
610
210

1,322,275

1,297,877

24,398

45,000
62,500
42,795
86,900
91,465
90,000
27,000
71,165

45,000
62,500
42,795
86,900
91,465
90,000
27,000
71,165

44,237
62,206
39,930
85,288
88,663
88,517
26,614
69,620

763
294
2,865
1,612
2,802
1,483
386
1,545

516,825

505,075

11,750

89,500
326,643
90,000

89,500
326,643
90,000

87,102
319,609
86,237

2,398
7,034
3,763

506,143

492,948

13,195

449,900
99,500
450,000

449,900
99,500
450,000

440,939
97,705
447,396

8,961
1,795
2,604

999, 400

17,135
20,000
• 248,775
20,000
65,000
8,000

532,080

29,662
177,200
92,092
60 300

506,143

50,000
100,000
2,500,000
50,000
75,000
120,000

U
B
B

540,609

516,825

12,1876
27,1877
13,1877
12,1877

$275
2 465
90
410
225
712
2,605
1,247
500

1,322,275

Dec.
Jan.
Feb.
Mar.

$44,725
83 235
26 910
44,590
44,775
44.288
134,604
66,253
42,700

29,662
177,200
92,092
60 300

V
P
P
V
G
B

$45,000
85 700
27 000
45,000
45,000
45,000
137,209
67,500
43,200

951,728

130,000
3,000
12,000

10,000
30,000
28,538

100,000
300,000
300,000

Outstanding.

540,609

10,000

25,666

50,000
200,000
132,000
67,000

100,000
130,000
500,000
100,000
200,000
100,000
50,000
50,000

Redeemed.

$45,000
85 700
27 000
45,000
45,000
45,000
137,209
67,500
43,200

v
N

965,000

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
50,000

Issued.

999,400

986,040

13,360

43,000

43,000

41,802

1,198

85

65,200

65,200

62,732

2,468

8c

108,200

108,200

104,534

3,666

41
4S
¥
4f
4/
4*
4?

5(
51
55
5C

m
5f
5£

6C
fi"
62
62
M

as
6f
67
6=
J
6?
7C
7"
72

7'
7.e
7f
Tt
7*
7?
8C
81

82
8."
8^

8,c
8f
8?

270

REPOET OF THE COMPTEOLLEE OF THE CUEEEKCY.
No.

68.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF

Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.
90
91
92
93
94
95
96
97
98
00

First National Bank, Leadville, Colo...
City N. B., Lawrenceburg, Ind.«
First National Bank, St. Albans, Vt
First National Bank, Monmouth, 111...
Marine National Bank, New York, N. Y.
Hot Springs N. B., Hot Springs, Ark...
Richmond N. B., Richmond, Ind
First N. B., Livingston, Mont
First National Bank, Albion, N. Y
First N. B., Jamestown, N. Dak
Logan N. B., West Liberty, Ohio

2420
2889
269
2751
1215
2887
2090
3006
166
2578
2942 j

Date.
Mar.
Feb.
Feb.
July
June
Feb.
Mar.
July
Dec.
Oct.
May

Surplus.

Capital.

19,1879
24,1883
20,1864
7,1882
3,1865
17,1883
5,1873
16,1883
22,1863
25.1881
7,1883

S60,000
100,000
100,000
75,000
400,000
50,000
270,000
50,000
50,000
50,000
50,000

Per
Amount. cent.
163,000
3,000
197,000
15,000
659,643
3,000
274,000
170,500

341.0

4,000

8.0

356,000
38,500

178.0
77.0

337,500

337.5

90,142
285,000
10,000
12,000
186,000
38,500
307,382
23,000

190.3
142.5
20.0
24.0
186.0
38.5
204.9
46.0

2,784
12,250
13,500
75,825
168,500
306,000

.3
24.5
27.0
151.6
168.5
204.0

75,000
215,000
266,000
146,806

37.5
43.0
266.0
146.8

278,000
5,000
159,494

463.3
10.0
318.9

18,000

36.0

81,265

$2,000

105.0
3.0
197.0
20.0
164.9
6.0
101.5

163.2

2,000
75,350
10,000

4.0
150.6
20.0

24,000
5,000
20,500

12.0
10.0
27.3

Total
01
02
03
04

Middletown N. B., Middletown, N. Y.. 1276
Farmers' National Bank, Bushnell, 111. 1791
Schoharie Co. N. B., Schoharie, N. Y... 1510
Exchange National Bank, Norfolk, Va.. 1137

June 14,1865
Feb. 18,1871
Aug. 9,1865
May 13,1865

200,000
50,000
100,000
100,000

05
06
07
08
09
10
11
12

Total
First National Bank, Lake City, Minn..
Lancaster N. B., Clinton, Mass
First N. B., Sioux Falls, S. Dak
First N. B., Wahpeton, N. Dak
First National Bank, Angelica, N. Y
City National Bank, Williamsport, Pa.
Abington N. B., Abinqton, Mass.&
First National Bank,'Blair, Nebr

1740
583
2465
2624
564
2139
1386
2724

Nov.
Nov.
Mar.
Feb.
Nov.
Mar.
July
June

29,1870
22,1864
15,1880
2,1882
3,1864
17,1874
1,1865
7,1882

50,000
200,000
50,000
50,000
100,000
100,000
150,000
50,000

13
14
15
16
17
18
19
20

Total
First National Bank, Pine Bluff, Ark..
Palatka National Bank, Palatka, Fla...
Fidelity N. B., Cincinnati, Ohio
Henrietta N. B., Henrietta, Tex
National Bank of Sumter, S. C
First National Bank, Dansville, N. Y..
First National Bank, Cony, Pa
Stafford N. B., Stafford Springs, Conn.

2776
3266
3461
3022
3082
75
605
686

Sept.
Nov.
Feb.
Aug.
Nov.
Sept.
Dec.
Jan.

18,1882
20,1884
27,1886
8,1883
26,1883
4,1863
6,1864
7,1865

50,000
50,000
1,000,000
50,000
50,000
50,000
100,000
150,000

2835
2542
231
1801
1682
277
3597
1280

Dec.
July
Feb.
Mar.
June
Feb.
Dec.
June

12,1882
12,1881
4,1864
11,1871
17,1868
24,1864
7,1886
14,1865

200,000
500,000
100,000
100,000
100,000
60,000
50,000
50,000

3592
2800

Oct. 20,1886
Sept. 14,1882

200,000
50,000

23,128

32,894

15,000

10,000

Total
21
22
23
24
95
26
27
28

Fifth National Bank, St. Louis, Mo
Metropolitan N. B. of Cincinnati, Ohio..
First National Bank, Auburn, N. Y....
Commercial N. B., Dubuque, Iowa
State National Bank, Raleigh, N. C
Second National Bank, Xenia, Ohio
Madison N. B., Madison, S. Dak
Lowell National Bank, Lowell, Mich

30

California N. B., San Francisco, Cal
First National Bank, Anoka, Minn

Total

1

Total.. ^
31
32
33
34
35
36
37
38
39

National Bank of Shelbyville, Tenn
First National Bank, Sheffield, Ala
Third National Bank, Malone, N. Y....
First National Bank, Abilene, Kans...
Harper National Bank, Harper, Kans..
Gloucester City National Bank,
Gloucester Citv, N. J.
Park National Bank, Chicago, III
State National Bank, Wellington, Kans.
Kingman N. B., Kingman, Kans

i

-. . 1
2198
3617
3366
2427
3431
3936

Oct.
Jan.
July
June
Jan.
Oct.

29,1874
14,1887
15,1885
23,1879
6,1886
26,1888

50,000
100,000
50,000
50,000
50,000
50,000

3502
3564
3559

May 11,1886
Oct. 1,1886
Sept. 16,1886

200,000
50,000
75,000

1,000

Total
a Formerly in voluntary liquidation.



Restored to solvencv.

271

REPORT OF THE COMPTEOLLER OF THE CURRENCY.
RECEIVERS, TOGETHER WITH CAPITAL AND SURPLUS, ETC.—Continued.

Failures.

Circulation.
Lawful
money deposited.

Cause
of
failure.

Capital.

$60,000
100,000
100,000
75,000
400,000
50,000
250,000
50,000
100,000
50,000
50,000

20,000
12,500
1,000

Jan. 24,1884
Mar. 11,1884
Apr. 22,1884
do
May 13,1884
June 2,1884
July 23,1884
Aug. 25,1884
Aug. 26,1884
Sept. 13,1884
Oct. 18,1884

B
G
P
B
T
E
II
X
B
E
P

40,000
7,500
15,000
150,000

Nov. 29,1884
Dec 17,1884
Mar. 23,1885
Apr. 9,1885

I
L
B
O

Jan.
Jan.
Mar.
Apr.
Apr.
May
Aug.
Sept.

E
B

Nov.
June
June
Aug.
Aug.
Sept.
Oct.
Oct.

20,1886
3,1887
27,1887
17,1887
24,1887
8,1887
11,1887
17,1887

V
V
B
K
A
B
V
B

14,000
3,000
10,000

Nov.
Feb.
Feb.
Apr.
Apr.
May
June
Sept.

15,1887
10,1888
20,1888
2,1888
11,1888
9,1888
23,1888
19,1888

F
V
R
V
B
V
S

10,000
4,300

Jan. 14,1889
Apr. 22,1889

50,000
100,000
50,000
100,000
50,000
50,000

25,000

200,000
50,000
100,000

20,000
50,000
8,000
10,000
15,000
10,183
24,000

1,550,000
300,000
1,000,000
150,000
100,000
100,000
150,000
50,000
50,000

30,000
180,000
20,000

w

1,900,000
200,000
50,000

3

250,000

$840
670
1,832
180
7,846
280
6,906
130
2,685
220
180

850,120

828,351

21,769

176,000
44,000
38,350
228,200

176,000
44,000
38,350
228,200

172,785
42,955
36,920
223,222

486,550

475,882

10,668

44,420
72,360
10,740
17,120
89,000
43,140
25,425
26,180

44,420
72,360
10,740
17,120
89,000
43,140
25,425
26,180

43,355
69,418
10,485
16,880
86,773
41,975
25,425
25,835

1,065
2,942
255
240
2,227
1,165

328,385

320,146

8,239

26,280
19,210
90,000
11,250
11,250
15,730
73,829
139,048

26,280
19,210
90,000
11,250
11,250
15,730
73,829
139,048

25,855
19,010
89,262
11,080
11,140
14,465
71,227
135,519

425
200
738
170
110
1,265
2,602
3,529

386,597

377,558

9,039

44,430
277,745
63,446
62,170
22,500
48,470
11,250
27,800

44,430
277,745
63,446
62,170
22,500
48,470
11,250
27,800

43,525
274,005
60,146
59,965
21,255
46,025
11,178
25,817

905
3,740
3,300
2,205
1,245
2,445
72
1,983

557,811

541,916

15,895

45,000
11,250

45,000
11,250

44,760
11,047

240
203

56,250

L
U

$52,160
76,330
88,148
26,820
252,254
40,570
151,994
11,110
87,315
18,430
23,220

557,811

J

$53,000
77,000
89,980
27,000
260,100
40,850
158,900
11,240
90,000
18,650
23,400

386,597

4,1886
20,1886
11,1886
8,1886
19,1886
4,1886
2,1886
8,1886

$53,000
77,000
89,980
27,000
260,100
40,850
158,900
11,240
90,000
18,650
23,400

328,385

10,000
20,000
30,447
4,000
20,100
12,500
25,300
11,000

650,000
50,000
50,000
1,000,000
50,000
50,000
50,000
100,000
200,000

Outstanding.

486,550

40,000
15,000
225,000
180
33,000

600,000
50,000
100,000
50,000
50,000
100,000
100,000
150,000
50,000

Redeemed.

850,120

$15,000

1,285,000
200,000
50,000
50,000
300,000

Issued.

56,250

55,807

443

16,710
22,500
10,750
21,240
10,750
11,250

16,155
22,120
10,645
20,555
10,700
11,175

555
380
105
685
50
75

3,215
1,045
1,430
4,978 |

345

400
17,600

Dec.
Dec.
Dec.
Jan.
Feb.
June

13,1889
23,1889
30,1889
21,1890
10,1890
12,1890

W
F
F
F

16,710
22,500
10,750
21,240
10,750
11,250

21,000
3,915
1,000

July 14,1890
Sept. 25,1890
Oct. 2,1890

F
W
X

45,000
11,250
22,000

45,000
11,250
22,000

44,200
11,160
21,585

800
90
415

171,450

171,450

168,295

3,155

750,000




272

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OP

Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164

First National Bank, Alma, Kans
First National Bank, Belleville, Kans.
First N. B., Meade Center, Kans
American N. B., Arkansas City, Kans.
City National Bank, Hastings, Nebr..
People's N. B., Fayetteville, N. C
Spokane N. B., Spokane Falls, Wash..
First National Bank, Ellsworth, Kans.
Second N. B., McPherson, Kans
Pratt County N. B., Pratt, Kans
Keystone N. B., Philadelphia, Pa
Spring Garden N. B., Philadelphia, Pa.
National City Bank, Marshall, Mich ...
Red Cloud N. B., Red Cloud, Nebr
Asbury Park N. B., Asbury Park, N. J.
Ninth National Bank, Dallas, Tex
First National Bank, Red Cloud, Nebr.
Central Nebr. N. B.,Broken Bow,Nebr.
Florence N. B., Florence, Ala
First National Bank, Palatka, Fla
First N. B., Kansas City, Kans
Rio Grande N. B., Laredo, Tex
First National Bank, Clearfield, Pa

165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181

Maverick N. B., Boston, Mass
Corry National Bank, Corry, Pa
Cheyenne N. B., Cheyenne, Wvo
California N. B., San Diego, Cal
First N. B., Wilmington, N. C
Huron National Bank, Huron, S. Dak.
First National Bank, Downs, Kans
First National Bank Muncy, Pa
Bell County N. B., Temple, Tex
First National Bank, Deming, N. Mex.
First N. B., Silver City, N. Mex
Lima National Bank, Lima, Ohio
National Bank of Guthrie, Okla
Cherry vale N. B., Cherry vale, Kans
First National Bank, Erie, Kans
First National Bank, Rockwall, Tex...
Vincennes N. B., Vincennes, Ind

182
183
184
185

First N. B., Del Norte, Colo
Newton N. B., Newton, Kans
Capital National Bank, Lincoln, Nebr..
Bankers and Merchants' National
Bank, Dallas, Tex.
First N. B., Little Rock, Ark
Commercial N. B., Nashville, Tenn
Alabama National Bank, Mobile, Ala..
First National Bank, Ponca, Nebr
Second N. B., Columbia, Tenn
Columbia National Bank, Chicago, 111..
Elmira National Bank, Elmira, N. Y . .
N. B. of N. Dakota, Fargo, N. Dak
Evanston N. B., Evanston, 111
N. B. of Deposit of City of New York..
Oglethorpe N. B., Brunswick, Ga
First National Bank, Lakota, N. Dak..
First N. B., Cedar Falls, Iowa
First National Bank, Brady, Tex

Farley N. B., Montgomery, AlaA

First National Bank, Cold water, Kans.

Date.

Capital.

Surplus.

Amount.

Per
cent.

$14,000
17,500
8,857
28,000
44,547
182,500

28.0
35.0
17.7
28.0
89.1
243.3

54,500
8,500

109.0
17.0

122,730
122,198
162,500
23,275

61.4
24.4
1G2.5
46.5

18,000
57,250
8,400

6.0
114.5
14.0

50,000
25,000

100.0
25.0

209,000

209.0

3769
3386
3695
3992
3099
2003
3838
3249
3791
3787
2291
3468
2023
3181
3792
4415
2811
3927
4135
3223
3706
4146
768
4180
3703

Aug.
Aug.
May
Mar.
Dec.
June
Jan.
Sept.
Sept.
Sept.
July
Mar.
July
May
Sept.
Sept.
Nov.
Sept.
Oct.
July
May
Oct.
Jan.
Dec.
May

3,1887
28,1885
5,1887
15,1889
27,1883
27,1872
4,1888
11,1884
16,1887
8,1887
30,1875
13,1886
29,1872
10,1884
17,1887
12,1890
8,1882
28,1888
3,1889
15,1884
17,1887
28,1889
30,1865
18,1889
9,1887

$50,000
50,000
50,000
100,000
.50,000
75,000
€0,000
50,000
50,000
50,000
200,000
500,000
100,000
50,000
100,000
300,000
50,000

677
5G9
3416
3828
1656
3267
3569
837
4404
3160
3554
2859
4383
4288
3963
3890
1454

Dec.
Nov.
Dec.
Dec.
July
Nov.
Oct.
Feb.
Aug.
Apr.
Sept.
Jan.
July
Apr.
Jan.
May
July

31,1864
12,1864
2,1885
29,1887
25,1866
21,1884
12,1886
23,1865
25,1890
22,1884
17,1886
16,1883
31,1890
16,1890
15,1889
29,1888
17,1865

400,000 $61,390
100,000
100,000
150,000
250,000
50,000
50,000
100,000
50,000
50,000
50,000
100,000
100,000
50,000
50,000
50,000
100,000

984,000
198,000
26,000
79,000
290,710
27,750
17,693
212,988
2,500
56,250
30,000
87,500
2 500
3,500
5,954
15,000
441,000

241. 0
198.0
26.0
52.7
116.3
55.5
35.4
213.0
5.0
112.5
60.0
87.5
2.5
7.0
11.9
30.0
441.0

4264
3297
2988
4213

Mar.
Jan.
June
Jan.

18,1890
28,1885
29,1883
21,1890

50,000
65,000
100,000
500,000

3,500
58,500
272,500
35,000

7.0
90. t)
272.5
7.0

1648
3228
1817
3627
2568
3677
4105
4256
4767
3771
3753
4143
2177
4198
3360
2039
3116
4344
3172

Apr.
July
May
Jan.
Oct.
Apr.
Aug.
Mar.
June
Aug.
July
Oct.
Sept.
Jan.
June
Sept.
Feb.
June
May

12,1866
22,1884
13,1871
28,1887
3,1881
23,1887
30,1889
12,1890
29,1892
5,1887
16,1887
23,1889
1,1874
7,1890
30,1885
4,1872
2,1884
17,1890
2,1884

150,000
200,000
300,000
50,000
50,000
200,000
200,000
250,000
100,000
300,000
100,000
50,000
50,000
50,000
50,000
100,000
55,000
75,000
50,000

554,250
232,500
255,830
24,000
64,000
30,000
11,000
52,500
2,000
36,000
34,500
12,000
102,600
15,000
62,000
199,156
56,200
58,000
110,000

369.5
116.25
85.02
48.0
128.8
1.5
5.5
21.0
2.0
12.0
34.5
24.0
205.2
30.0
124.0
199.1
102.2
77.3
220.0

eo,ooo
50,000
50;0C0
100,000
100,000
100,000
100,000
52,000

2,080

Total

Total

186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204

First N. B., Arkansas City, Kans A
Citizens' N. B., Hillsboro Ohio
First National Bank, Brunswick, Ga...
City N. B., Brownwood, Tex.a

Merchants' N. B., Tacoma, Wash




Restored to solvency.

EEPOKT OF THE COMPTROLLER OF THE CURRENCY.
RECEIVERS,

TOGETHER

273

WITH CAPITAL AND SURPLUS, ETC.—Continued.

Circulation.

Failures.
Lawful
money deposited.

Capital.
$75,000
50,000
50,000
300,000
100,000
1?5,000
100,000
50,000
50,000
50,000
500,000
750,000
100,000
75,000
100,000
300,000
75,000
60,000
60,000
150,000
150,000
100,000
100,000
100,000
52,000

Surplus.

Receiver appointed.

Cause
of
failure.

Nov. 21,1890
Dec. 12,1890
Dec. 24,1890
Dec. 26,1890
Jan. 14,1891
J a n . 20, 1891
Feb. 3,1891
Feb. 11,1891
Mar. 25,1891
Apr. 7,1891
May 9,1891
May 21,1891
June 22,1891
July 1,1891
July 2,1891
July 16, 1891
. .do.
July 21,1891
July 23,1891
Aug. 7,1891
Aug. 17,1891
Oct. 3,1891
Oct. 7,1891
do
Oct. 14,1891

II
G
V
G
J
R
H
F
QII

32,000
25,000
10,000
7,500
3,000
100,000
132,500
20,000
3,000
3,500
4,000
9,000
4,600
500
23,600
10,500
40,000
8,000
790

o

Q
D
V
G
Q
Q
G
O
H
G
V

s
v

11

800,000
17,000
15,000
100,000
17,512
15,958
2,500
13,500
4,000
44,000
2,000
1,000
1,500
17,500
40,000

Nov.
Nov.
Dec.
Dec.
Dec.
Jan.
Feb.
Feb.
Feb.
Feb.

2,1891
21,1891
5,1891
18,1891
21,1891
7,1892
6,1892
9,1892
19,1892
29,1892

F
R
O
O
B

u
V
s
B

500,000
500,000
150,000
50,000
100,000
1,000,000
200,000
250,000
100,000
300,000
150,000
50,000
50,000
50,000
125,000
100,000
200,000
150,000
250,000

Outstanding.

$16,695
11,020
10,580
44,610
22,170
26,620
21,355
10,600
11,130
10,555
39,255
44,305
42,748
16,535
20,480
44,300
15,935
13,368
12,640
32,745
33,240
22,350
92,196
22,500
11,045

$180
230
170
390
330
1,380
345
150
120
195
1,925
695
1,252
340
220
700
340
132
260
505
510
150
3,401

11,200

$16,875
11,250
10,750
45,000
22,500
28,000
21,700
10,750
11,250
10,750
41,180
45,000
44,000
16,875
20,700
45,000
16,275
13,500
12,900
33,250
33,750
22,500
95,597
22,500
11,200
603,052

648,977

14,075

78,894
96,180
33,750
45,000
52,880
18,000
10,750
94,899
11,250
22,500
11,250
45,000
21,800
11,250
11,250
26,720
31,780

78,894
96,180
33,750
45,000
52,880
18,000
10,750
94,899
11,250
22,500
11,250
45,000
21,800
11,250
11,250
26,720
31,780

70,010
92,914
33,280
44,500
50,820
17,710
10,575
91,338
11,060
21,920
11,090
43,895
21,680
11,080
11,030
26, 420
27,795

8,884
3,266
470
500
2,060
290
175
3,561
190
580
160
1,105
120
170
220
300
3,985

155

140
141
142
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

July 20,1892
July 22,1892

P
P
G
Q
O
V
Q
R

623,153

623,153

597,117

26,036

Jan. 14,1893
Jan. 16,1893
6,000 Feb. 6,1893
10,000 . . . . . d o . . ; . . . .

G
Y
B
O

11,250
48,740
43,700
44,000

11,250
48,740
43,700
44,000

11,090
47,865
42,730
43,360

160
875
970
640

182
183
184
185

T
Q
V
Q
T

63, 495
45,000
42,800
11,250
22,500
43,600
43,000
44,250
22,500
45,000
32,900
11,250
11,250
11,250
28,120
24,550
44,000

63,495
45,000
42,800
11,250
22,500
43,600
43,000
44,250
22,500
45,000
32,900
11,250
11,250
11,250
28,120
24,550
44,000

56,755
43,050
37,740
11,030
21,660
42,538
42,230
43,650
22,270
44,120
32,230
11,080
10,005
11,050
27,150
22,355
42,940

6,740
1,950
5,060
220
840
1,062
770
600
230
880
670
170
1,245
200
970
2,195
1,060

45,666

45,666

44,150

850

186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204

. .do . . .

Mar. 21,1892
June 22,1892
July 2,1892

do

2,450,000
50,000
100,000
300,000
500,000

$16,875
11,250
10/750
45,000
22,500
28,000
21,700
10,750
11,250
10,750
41,180
45,000
44,000
16,875
20,700
45,000
16,275
13,500
12,900
33,250
33,750
22,500
95,597

Redeemed.

640,552

$1,603
5,000
4,000
24,000

3,622,000
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

Issued.

4,800

100,000
100,000
3,400
18,500
50,000
16,009
7,797
245
60,000
35,000
1,931
25,000
3,000
25,000
50,000
50,000
6,000
75,000

do
Apr. 6,1893
Apr. 17,1893
May 13,1893
May 19,1893
May 22,1893
May 26,1893
June 6,1893
June 7,1893
June 9,1893
June 12,1893
June 13,1893
do
do..
June 15,1893
June 16,1893
June 17,1893
June 20,1893
June 23,1893

62280—CUR



§
Q
T
F
Y
U
L
T
G
Q
V
F
Y

274

KEPORT OF THE COMPTROLLER OF THE CURRENCY.
No.

66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF
Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.
05
06
07
08
09

10
11
12
13
14
15
16
17
18
19

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
49

43
44
45
46

City National Bank, Greenville, Mich..
First N . B . , Whatcom, Wash
Columbia N . B . , New Whatcom, Wash.
Citizens' N. B., Spokane, Wash.a
First N. B., Philhpsburg, Mont.a
Linn County N . B . , Albany, Oreg
Nebraska N . B . , Beatrice, Nebr
Gulf National Bank, Tampa, Fla
Livingston N . B., Livingston, Mont
Chemical National Bank, Chicago, 111..
Bozeman N. B., Bozeman, Mont.a
Consolidated N . B . , San Diego, Cal
First National Bank, Cedartown, G a . . .
Merchants' N . B . , Great Falls, M o n t . . .
State National Bank, Knoxville, T e n n .
Montana N. B., Helena, Mont.a
Indianapolis N. B., Indianapolis, I n d . .
Northern N. B., Big Rapids, Mich
First N.B., Great Falls, Mont.a
First National Bank, Kankakee, Ill.a....
National Bank of the Commonwealth,
Manchester, N. H.
First National Bank, Starkville, Miss..
Stock-Growers'N. B., Miles City,Mont.
Texas N. B., San Antonio, Tex
Albuquerque National Bank, Albuquerque, N. Mex.
First National Bank, Vernon, Tex
First National Bank, Middlesboro, K y .
First National Bank, Orlando, Fla.a
Citziens1 National Bank, Muncie, Ind.a.
First N. B., Hot Springs, S. Dak
First National Bank, Marion, Kans
Washington N. B., Tacoma, Wash
El Paso National Bank, El Paso, Tex..
Lloyd's N. B., Jamestown, N. Dak
N. Granite State B., Exeter, N. H
Cham berlainN.B., Cham berlain,S.Dak.
P.TownsendN.B.,P.Townsend,Wash.
First N. B.,Port Anqeles, Wash.a
First National Bank," Sundance, W y o . .
First N. B., North Manchester, Ind
Commercial N. B., Denver, Colo
First National Bank, Dayton, Tenn....

Date.

Capital.

3243
4099
4351
4005
4658
4326
4185
4478
4117
4666
2803
3056
4075
4434
4102
2813
581
1832
3525
1793
4692

Aug.
Aug.
June
Apr.
Dec.
May
Dec.
Dec.
Sept.
Dec.
Oct.
Sept.
July
Oct.
Aug.
Nov.
Nov.
June
July
Feb.
Feb.

28,1884
26,1889
28,1890
8,1889
5,1891
31,1890
21,1889
2,1890
11,1889
15,1891
23,1882
22,1883
16,1889
7,1890
28,1889
11,1882
21,1864
5,1871
1,1886
20,1871
9,1892

$50,000
50,000
100,000
150,000
50,000
100,000
100,000
50,000
50,000
1,000,000
50,000
250,000
75,000
100,000
100,000
250,000
300,000
90,000
250,000
50,000
100,000

3688
3275
3298
3222

Apr.
Dec.
Jan.
July

30,1887
20,1884
31,1885
14,1884

50,000
100,000
100,000
50,000

4033
4201
3469
2234
4370
3018
4018
3608
4561
1147
4282
4290
4315
4343
2903
4113
4362

May
Jan.
Mar.
Mar.
July
July
Apr.
Dec.
May
May
Apr.
Apr.
May
June
Mar.
Sept.
July

13,1889
8,1890
16,1886
15,1875
15,1890
28,1883
23,1889
22,1886
4,1891
15,1865
8,1890
18,1890
19,1890
16,1890
17,1883
6,1889
10,1890

50,000
50,000
50,000
100,000
50,000
75,000
100,000
150,000
100,000
100,000
50,000
100,000
50,000
50,000
50,000
250,000
50,000

3199
2805
3719
3101
4064
3514
3047
4316
4360
1627
4249
3524
2351
3401
3676
4206
4170
2786
4130
585
2806

May 29,1884
Oct. 24,1882
June 7,1887
Dec. 29,1883
July 2,1889
June 1,1886
Sept. 14,1883
May 20,1890
July 9,1890
Jan. 2,1866
Mar. 5,1890
June 29,1886
Apr. 9,1887
Oct. 23,1885
Apr. 21,1887
Jan. 11,1890
Dec. 4,1889
Sept. 29,1882
Sept. 27,1889
Nov. 23,1864
Oct. 25,1882

50,000
50,000
100,000
60,000
50,000
200,000
50,000
50,000
200,000
100,000
100,000
52,000
100,000
50,000
50,000
75,000
50,000
50,000
50,000
100,000
50,000

Surplus.

Per
Amount. cent.
$32,250
5,000
4,000

64.5
10.0
4.0

10,000
19,362

10.0
19.3

4,000

8.0

49,500
180,000
11,250

99.0
72.0
15.0

260,000
1,249,000
183,053
122,250
140,500

104.0
416.3
203.4
48.8
280.9

16,500
23,000
26,000
69,750

33.0
23.0
26.0
133.5

39,000

78.0

27,500
196,992

45.0
196.9

72,682
44,000
54,000
6,000
240,500
4,500

96.9
44.0
36.0
6.0
240.5
9.0

10,000
38,673

20.0
77.3

8,500

17.0

39,738
190,100
100,000
35,000
4,000
66,000
32,500
15,750
8,000
319,000
15,000

79.5
380.2
100.0
58.3
8.0
33.0
65.0
31.5
4.0
319.0
15.0

555,000
57,500
18,000
9,000
11,000
200,725
17,065
231,500
95,113

555.0
115.0
36.0
12.0
22.0
401.4
34.1
231.5
190.2

Total
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Hutchinson N. B., Hutchinson, Kans..
First N. B., Spokane Falls, Wash
Oregon N. B., Portland, Oreg
Citizens' N. B., Grand Island, Nebr
First N. B., Fort Payne, Ala
Third National Bank, Detroit, M i c h . . .
First National Bank, Watkins, N. Y . . .
First National Bank, Llano, Tex
American N. B., Springfield, Mo
First National Bank, Sedalia, Mo
National Bank of Pendleton, Oreg
State National Bank, Wichita, K a n s . . .
German National Bank, Denver, Colo..
Black Hills N. B., Rapid City, S. Dak.
First National Bank, Arlington, Oreg..
Baker City N. B., Baker City, Oreg....
First National Bank, Grant, Nebr
Wichita N. B., Wichita, Kans
State National Bank, Vernon, Tex
National Bank of Middletown, Pa
First National Bank, Kearney, Nebr...
Total




a Restored to solvency.

$7,340
2,125
5,895

17,137

275

REPORT OF THE COMPTROLLER OF THE CURRENCY.
RECEIVERS,

TOGETHER

WITH CAPITAL AND SURPLUS,

ETC.—Continued.

Failures.

Circulation.
Lawful
m o n e y deposited.

Capital.

$50,000
50,000
100,000
150,000
50,000
100,000
100,000
50,000
50,000
1,000,000
50,000
250,000
75,000
100,000
100,000
500,000
300,000
100,000
250,000
50,000
200,000

Surplus.

Receiver appointed.

$6,064 June 27,1893
3,000
do
1,000 . . . . d o . . .
July 1,1893
July 8,1893
15,000 July 10.1893
7,500 July 12,1893
July 14,1893
10,000 July 20,1893
July 21,1893
10,000 July 22,1893
50,000 July 24,1893
8,470 July 26,1893
July 29,1893
do
7,000
100,000 Aug. 2,1893
60,000 Aug. 3,1893
Aug.
5,1893
do
95,000
22,000
do
5,000 Aug.
7,1893

Cause
of
failure.

Y
Y
Y
V
Y
Y
Y
T
Y
Y
V
Y
Y
Y
B
W
Y

Redeemed.

Outstanding.

$11,250
11,250
22,500

$11,250
11,250
22,500

$11,070
11,120
22,205

$180
130
295

21,700
21,880
11,250
10,750
45,000

21,300
21,590
11,110
10,545
42,550

400
290
140
205
2,450
11,250
1,060
310
390
440

3,782
10,000
20,000
38,000

Aug. 9,1893
.do . .
Aug. 10,1893
Aug. 11,1893

100,000
50,000
150,000
200,000
50,000
75,000
100,000
150,000
100,000
50,000
50,000
100,000
50,000
50,000
50,000
250,000
50,000

10,000
2,000

Aug. 12,1893
do
Aug. 14,1893
do
Aug. 17,1893
Aug. 22,1893
Aug. 26,1893
Sept. 2,1893
Sept. 14,1893
Sept. 23,1893
Sept. 30,1893
Oct. 3,1893
Oct. 5,1893
Oct. 11,1893
Oct. 16,1893
Oct. 24,1893
Oct. 25,1893

55.000
10,000
5,600
60,000
10,000
10,000
1,000
5,000
10,000
40,000
5,000

O

67,500

21,700
21,880
11,250
10,750
45,000
11,250
55,300
16,370
22,500
21,800
45,000
57,212
33,250
45,000
11,250
65,500

67,045

8,782
1,290
34,235
11,250
455

O

13,500
17,100
22,500
44,150

13,500
17,100
22,500
44,150

13,175
16,640
22,010
43,090

325
460
490
1,060

22,500
11,250

22,500
11,250

22,150
11,010

350
240

11,250
21,900
43,500
33,750
22,500
41,137
11,250
22,500
15,450
11,250
27,000
45,000
11,250

45,000
11,250
21,900
43,500
33,750
22,500
41,137
11,250
22,500
15,450
11,250
27,000
45,000
11,250

11,150
21,550
42,780
32,970
22,070
37,702
11,090
22,110
15,130
11,065
26,530
44,310
11,135

45,000
100
350
720
780
430
3,435
160
390
320
185
470
690
115

1,636,649

60,000
75,000
100,000
175,000

1,775,154

1,617,175

10,000
21,515
40,000
34,200
1,500
25,000
4,500
5,000
25,000
13,000
4,529
350,000
3,000
13,504
4,000
50,000
1,000
21,000
8,664

Nov.
Nov.
Dec.
Dec.
Jan.
Feb.
Feb.
Feb.

6,1893
20,1893
12,1893
14,1893
26,1894
1,1894
26,1894
28,1894

22,500
45,000
45,000
13,500
11,250
44,280
11,250
16,870
45,000
48,341
22,500
22,500
45,000
27,750
11,250
16,870
11,250
44,500
21,640
66,785
33,750

21,700
43,838
43,945
13,075
10,990
43,435
10,990
16,590
44,160
45,728
22,140
21,993
42,535
27,190
10,943
16,410
11,123
43,083
21,400
64,130
32,367

800
1,162
1,055
425
260
845
260
280
840
2,613
360
507
2,465
560
307
460
127
1,417
240
2,655
1,383

do...

Mf.y 10,1894
June 8,1894
June 29,1894
July 6,1894
July 13,1894
Aug. 2,1894
do
Aug. 14,1894
Sept. 5,1894
Sept. 24,1894
do...
Oct. 24,1894

2,770,000

626,786

626,786

607,765

19,021




205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229

157,979

22,500
45,000
45,000
13,500
11,250
44,280
11,250
16,870
45,000
48,341
22,500
22,500
45,000
27,760
11,250
16,870
11,250
44,500
21,640
66,785
33,750

o
Y
V
V
V
Y
Y
Y
Y
F
O
V

o
Y
T
F
Y
Y

10,935,000
100,000
250,000
200,000
60,000
50,000
300,000
50,000
75,000
200,000
250,000
100,000
100,000
200,000
75,000
50,000
75,000
50,000
250,000
100,000
85,000
150,000

Issued.

Y
J
U
Y
V
U
Z
G
Z
Z

?
F
Y
F
L
Y
E
V
I
Y

55,300
16,370
22,500
21,800
8,230
57,212
33,250
10,765

54,240
16,060
22,110
21,360
45,000
48,430
31,960
10,765

230
231
232
533
!
234
! 9ZH
236
237
238
239
240
241
242
243
244
245
246

247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267

276

REPORT OF THE
No.

COMPTROLLER OF THE

CURRENCY.

66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF

Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303

304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327

Buffalo County N. B., Kearney, Nebr...
First N. B., Johnson City, Tenn
Citizens' N. B., Madison, S. Dak
Citizens' N. B., Spokane Falls, Wash.a..
Tacoma N. B., Tacoma, Wash
City National Bank, Quanah, Tex
Central National Bank, Rome, N. Y....
First National Bank, Redfield, S. Dak..
North Platte N. B., North Platte, Nebr.
Needles National Bank, Needles, Cal....
Nat. Broome Co. B., Binghamton,N.Y.
First N. B., San Bernardino, Cal
Dover National Bank, Dover, N. II
Browne N. B., Spokane Falls, Wash...
First N. B., Anacortes, Wash
Hoidrege N. B., Holdrege, Nebr
National Bank of Kansas City, Mo
First N. B., Texarkana, Tex
First National Bank, Ravenna, Nebr..
City National Bank, Fort Worth, Tex..
First National Bank, Dublin, Tex
First National Bank, Ocala, Fla
First N. B., Willimantic, Conn
First N. B., Port Angeles, Wash.a
First N. B., Ida Grove, Iowa b
First National Bank, Pella, Iowa
Merchants N. B., Seattle, Wash
Union National Bank, Denver, Colo
Superior, N. B., West Superior, Wis...
Puget Sound N. B., Everett, Wash
Keystone National Bank of Superior,
West Superior, Wis.
First N. B., South Bend, Wash
State National Bank, Denver, Colo.b c...
Kearney N. B., Kearney, Nebr
First N. B., Wellintgon, Kans
Columbia N. B., Tacoma, Wash
Total
First National Bank, Orlando, Fla.a...
Bellingham Bay National Bank, New
Whatcom, Wash.
Chattahoochee N. B., Columbus, Ga...
German N. B., Lincoln, Nebr
Fort Stanwix N. B., Rome, N. Y
Farmers N. B., Portsmouth, Ohio
Humboldt First National Bank, Humboldt, Kans.
Grand Forks National Bank, Grand
Forks, N. Dak.
First N B., Bedford City, Va
National Bank of Jefferson, Tex
Sumner N. B., Wellington, Kans
First National Bank, Cheney, Wash...
Kittitas Valley National Bank, Ellensburg, Wash.
First N. B., Hillsborough, Ohio
American N. B., Denver, Colo.d
First National Bank, Minot, N. Dak...
Yates County N. B., Penn Yan, N. Y..
First National Bank, Lamed, Kans
Citizens' N. B., San Angelo, Tex
Sioux National Bank, Sioux City, Iowa.
American N. B., New Orleans, La
First National Bank, Helena, Mont
Bennett N. B., New Whatcom, Wash..
First National Bank, Springville, N.Y.
a Second failure.
b Formerly in volunatry liquidation.




Date.

Capital.

3526
3951
3151
4005
2924
4361
1376
3398
4024
4873
1513
3527
1043
4025
4458
3875
3489
3065
4043
2359
4062
3470
23S8
4315
3930
1891
2985
4382
4680
4796
4399

July
Dec.
Apr.
Apr.
Apr.
July
July
Oct.
May
Mar.
Aug.
July
Apr.
May
Nov.
Apr.
Apr.
Oct.
May
May
July
Mar.
June
May
Oct.
Oct.
June
July
Jan.
Sept.
Aug.

3,1886
24,1888
10,1884
8,1889
13,1883
9,1890
1,1865
2,1885
4,1889
6,1893
9,1865
3,1886
22,1865
4,1889
6,1890
26,1888
13,1886
26,1883
22,1889
28,1877
1,1889
16,1886
20,1878
19,1890
10,1888
14,1871
23,1883
30,1890
13,1892
23,1892
16,1890

4467
2694
3201
2879
4623

Nov.
May
June
Feb.
Sept.

15,1890
16,1882
5,1884
13,1883
2,1891

50,000
120,000
100,000
50,000
200,000

3469
3976

Mar. 16,1886
Feb. 7,1889

50,000
60,000

1630
3571
1410
1088
3807

Jan.
Oct.
July
Apr.
Nov.

SurPer
plus. Amount. cent.

22,1866
16,1886
8,1865
29,1865
1,1887

100,000
100,000
150,000
250,000
60,000

43.5
25.0
100.0
10.0
436.0
16.6
245.0
68.0
32.3

188,914
65,875
241,000
6,000

188.9
65.8
241.0
4.0

21,250
655,000
100,439
12,500
358,500
3,000
15,750
117,500

42.5
65.5
200.9
25.0
717.0
6.0
31.5
117.5

50,088
57,500
110,250
190,000

50.1
115.0
220.5
19.0

24,500

24.5
4.0
125. 5
95.7
117.5
11.0

27,500
2,400

54,250

$43,500
12,500
50,000
15,000
218,000
16,600
245,060
34,000
24,208

2,000
150,600
95,750
58,750
22,000

$100,000
50,000
50,000
150,000
50,000
100,000
100,000
50,000
75,000
50,000
100,000 $20,000
100,000
100,000
150,000
50,000
50,000
1,000,000 15,000
50,000
50,000
50,000
500
50,000
50,000
100,000
50,000
100,000
50,000
50,000
1,000,000
200,000
50,000
100,000

55.0
4.0

279,000
33,832
603,000
547,500
15,600

279.0
33.8
402.0
219. 0
26.0

3301

Feb.

6,1885

50,000

61,200

122.4

4257
1777
3865
4542
3867

Mar.
Jan.
Apr.
Apr.
Apr.

13,1890
28,1871
10,1888
1,1891
14,1888

50,000
100,000
75,000
50,000
50,000

19,000
19,500
33,250
3,000
5,000

38.0
19.5
44.3
6.0
10.0

787
4159
4009
2405
2666
4659
2535
3978
1649
4171
2892

Feb.
Nov.
Apr.
Dec.
Apr.
Dec.
June
Feb.
Apr.
Dec.
Feb.

7,1865
13,1889
13,1889
30,1878
27,1882
5,1891
9,1881
14,1889
5,1866
4,1889
26,1883

100,000
250,000
50,000
50,000
50,000
100,000
100,000
200,000
100,000
50,000
50,000

254,312
90,000
17,000
66,000
163,750
18,500
419,459
60,000
273,000
5,000
37,500

254. 3
36.0
34.0
112.0
327.5
18.5
419.4
30.0
273.0
10.0
75.0

c Restored to solvency for voluntary liquidation.
d Restored to solvency.

REPORT OF THE COMPTROLLER OF THE CURRENCY.

277

RECEIVERS, TOGETHER WITH CAPITAL AND SURPLUS, ETC.—Continued.

Failures.

Circulation.
Lawful
money de•

Capital.

Surplus.

1100,000
50,000
50,000
150,0C0
200,000
100,000
100,020
50,000
75,000
50,000
100,000
100,000
100,000
100,000
50,000
75.000
1 » 000 y 000
J
L
\J \J V
\J\J\J
50,000
50,000
300,000
50,000
50,000
100,000
50,000
150,000
50,000
200,000
500,000
135,000
50,000
200,000

$35,000
4,000
16,000
25,000
18,417
12,000
20,000
10,000
4,850

50,000
300,000
100,000
50,000
350,000

1,000

20,000
57,000
20,000
3,000
1,500
5,000
4,500
45,000
7,450
25,000
20,000

Receiver a p pointed.

Nov.
Nov.
Dec.
Dec.
Dec.
Dec.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Mar.
Mar.
Mar.
Apr.
Apr.

10,1894
13,1894
12,1894
13,1894
14,1894
15,1894
2,1895
11,1895
14,1895
19,1895
28,1895
29,1895
7,1895
8,1895
6,1895
15,1895
18,1895
1,1895
10,1895

do

A p r . 22,1895

. d o

Apr.
Apr.
June
June
June
Aug.
Aug.
Aug.
Aug.

23,1895
26,1895
4,1895
5,1895
19,1895
2,1895
6,1895
7,1895
15,1895

20,000
32,500
12,000

Aug.
Aug.
Sept.
Oct.
Oct.

17,1895
24,189519,1895
25,1895
30,1895

85,000
GO, 000

1,500
40,000

N o v . 29,1895
Dec. 5,1895

100,000
100,000
150,000
250,000
60,000

35,000

Dec. 7,1895
Dec. 19.1895
F e b . 8,1896
do
F e b . 15,1896

1,050
25,000
65,000
2,500
22,000

posiieu.

Cause
of
failure.
y
Q
G

Y
E
Z
Z
F
Y
Q

Z
G
Z
V
V

u
E
N
Y
V
V

3
G

E
R
V

E
W
Q

v
I
E
Y

Issued.

$22,500
11,250
33,050
11,250
44,360
22,050
22,545
11,250
16,155
10,850
26,223
21,800
93,211
21,800
11,250
16,875
45,000
15,600
11,250
44,000
11,250
11,250
22,500
11,250
14,020
14,218
43,150
135,000
44,190
10,930
43,725

$22,500
11,250
33,050
11,250
44,360
22,050
22,545
11,250
16,155
10,850
26,223
21,800
93,211
21,800
11,250
16,875
45,000
15,600
11,250
44,000
11,250
11,250
22,500
11,250
14,020
14,218
43,150
135,000
44,190
10,930
43,725

Redeemed. Outstanding.
821,880
10,970
32,690
10,430
43,410
21,150
20,036
10,885
15,785
10,760
24,072
21,135
90,300
21,275
11,050
16,555
43,770
15,220
11,065
42,453
11,070
10,975
20,980
10,930
13,480
13,078
42,050
131,840
43,435
10,785
42,785

$620
280
360
820
950
900
2,509
365
370
90
2,151
665
2,911
525
200
320
1,230
380
185
1,547
180
275
1,520
320
540
1,140
1,100
3,160
755
145
940

268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303

11,250

11,250

10,990

260

22,500
11,250
45,000

22,500
11,250
45,000

21,450
10,720
44,340

1,050
530
660

963,752

903,752

933,799

29,953

33,750
13,050

33,750
13,050

33,025
12,700

725
350

304
305

Y
Y

Z
T
W

22,500
21,900
135,000
45,000
13,000

22,500
21,900
135,000
45,000
13,000

19,235
21,130
128,100
38,985
12,590

3,265
770
6,900
6,015
410

306
307
308
309
310

A p r . 28,1896

G

46,150

40,150

44,9S0

1,170

311

May
June
June
June
July

2,1896
24,1896
26,1896
27,1896
18,1896

U
E
X
Y
V

11,250
22,500
22,500
11,250
11,250

11,250
22,500
22,500
11,250
11,250

10,980
19,750
21,000
11,100
10,855

270
2,750
1 500
150
395

312
313
314
315
316

J u l y 22,1896
J u l y 25,1896
A u g . 12,1896
A u g . 17,1896
A u g . 26,1896
Sept. 9,1896
... .do..
Sept. 10,1896
Sept. 11,1896
Sept. 19,1896
Oct.
3,1896

X
Y
F
V

22,150

22,150

18,701

3,449

317

11,250
11,700
11,250
22,500
44,100
44,300
45,000
11,250
18,000

11,250
11,700
11,250
22,500
44,100
44,300
45,000
11,250
18,000

10,765
11,140
10,460
21,730
41,960
42,250
40,534
10 910

485
560
790
770
2,140
2,050
4,466
340
750

318
319
320
321
322
323
324
325
326
327

V
Q

5,235,020

30,000
50,000
3,487

200,000

1,000

50,000
100,000
100,000
50,000
50,000

20,000
20,000

100,000
500,000
50,000
50,000
50,000
100,000
300,000
200,000
800,000
50,000
50,000

20,000
150,000
33
15,000

1,000

7,666
5,000
30,000
100,000

25,666




E

Y

u
V
V

o
v
G

Y

17!250

278

BEPORT OF THE
No.

COMPTROLLER OF THE

CURRENCY.

66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OF

Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
Charter
number.

Date.

Capital.

SurPer
plus. Amount. cent.

28
29
30

First N. B., Mount Pleasant, Mich
First National Bank, Ithaca, Mich
City National Bank, Tyler, Tex

3215
3217
4353

June 28,1884
July 7,1884
July 2,1890

$50,000
50,000
100,000

31
3?
33
34
35
536
37
38
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
356
357
358
359
360
361
362
363
364
365
366

Total
!
First National Bank, Garnett, Kans...
First National Bank, Eddy, N. Mex...
Second National Bank, Rockford, 111...
Marine National Bank, Duluth, Minn..
First National Bank, Decorah, Iowa...
Missouri N. B., Kansas City, Mo
First N. B. of E. Saginaw, Saginaw, Mich
First National Bank, Tyler, Tex
First N. B., Niagara Falls, N. Y
National Bank of Illinois, Chicago, 111..
Big Rapids N. B., Big Rapids, Mich.o..
Second N. B., Grand Forks, N. Dak...
First N. B., Sioux City, Iowa b
Citizens' N. B., Fargo, N. Dak
Merchants' N. B., Devils Lake, N. Dak.
First National Bank, Alma, Nebr
Columbia N. B., Minneapolis, Minn
Dakota N. B., Sioux Falls, S. Dak
First National Bank, Newport, K y . . . .
German N. B., Louisville, Ky
Mutual N. B., New Orleans, La
Merchants' National Bank, Ocala, Fla.
Moscow N. B., Moscow, Idaho
First N. B., Olympia, Wash
First National Bank, Franklin, Ohio...
First National Bank, Griswold, Iowa...
National Bank of Potsdam, N. Y
Northwestern N. B., Great Falls, Mont..
Merchants' N. BM Jacksonville, Fla
Union N. B., Minneapolis, Minn
The Dalles N. B., The Dalles, Oreg
City National Bank, Gatesville, Tex
Merchants' N. B., Helena, Mont
First National Bank, Orleans, Nebr
Keystone National Bank, Erie, Pa
Merchants' and Miners' National
Bank, Phillipsburg, Mont.
First National Bank, Asheville, N. C....
First N. B.; Benton Harbor, Mich

2973
4455
482
4421
493
4494
637
3651
4899
1867
2944
3504
1757
3602
3714
3580
4739
2843
2276
2062
1898
3815
4584
3024
738
3048
808
2476
4332
2795
3534
4732
2732
3342
535
4843

June
Oct.
July
Sept.
Aug.
Dec.
Dec.
Mar.
Apr.
Aug.
May
May
Dec.
Dec.
May
Oct.
May
Dec.
June
Nov.
Nov.
Nov.
June
Aug.
Jan.
Sept.
Mar.
May
June
Oct.
July
Apr.
June
May
Oct.
Feb.

11,1883
31,1890
13,1864
23,1890
6,1864
30,1890
20,1864
21,1887
18,1893
29,1871
9,1883
17,1886
28,1870
14,1886
24,1887
28,1886
13,1892
19,1882
15,1875
5,1872
10,1871
21,1887
17,1891
11,1883
23,1865
15,1883
7,1865
14,1880
2,1890
12,1882
16,1886
23,1892
14,1882
19,1885
19,1864
1,1893

50,000
50,000
50,000
250,000
75,000
250,000
50,000
100,000
100,000
500,000
100,000
55,000
100, 000
100,000
50,000
50,000
200,000
50,000
100,000
237,700
300,000
50,000
75,000
50,000
50,000
50,000
50,000
50,000
100,000
250,000
50,000
50, 000
150,000
50,000
150,000
50,000

3418
4261

Dec. 4,1885
May 15,1890

100,000
50,000

Sault Ste. Marie National Bank,
Sault Ste. Marie, Mich.
First National Bank, Pembina, N. Dak.
Chestnut St. N. B., Philadelphia, Pa....
National Bank of Paola, Kans.
First National Bank, Larimore, N. Dak.

3747

July

7,1887

50,000

3438
3723
3795
2854
418

Jan.
June
Sept.
Jan.
Apr.

20,1886
14,1887
30,1887
9,1883
6,1864

50,000
250,000
100,000
50,000
50 ; 000

12,000
24.0
53,000 106.0
150,000
60.0
47,500
47.5
49,500
99.0
571,500 1143.0

375

State National Bank, Logansport,
Ind.o

2596

Dec.

7,1881

100,000

190,000

190.0

376
377
378
379
380
381
382
383
384

First N. B., New Lisbon, Ohio
2203
First National Bank, Carthage, N. Y... 2442
First National Bank, Neligh, Nebr
4110
First National Bank, Flushing, Ohio... 3177
First National Bank, Emporia, Kans... 1915
First National Bank, Cordele, Ga
4554
Cochecho National Bank, Dover, N. H. 1087
Citizens' National Bank, Niles, Mich .. 1886
Atchison N. B.,Atchison, Kans
2082
a Formerly in voluntary liquidation.

Nov.
Dec.
Sept.
May
Jan.
Apr.
Apr.
Sept.
Feb.

7,1874
12,1879
2,1889
6,1884
2,1872
16,1891
29,1865
27,1871
8,1873

50,000
50,000
50,000
50,000
50,000
50,000
100,000
50,000
70,000

77,250
93,473
20,411
20,250
194,000
7,500
233,000
91.000
76,500

154.5
186.9
40.8
40,5
388.0
15.0
233.0
182.0
109.3

367
368

$36,000
41,250
20,000

71,500
$2,470
5,000

1,000
1,143

3,000

2,500
500
1,343
500

72.0
82.5
20.0

143.0

636,458 1272.9
14,000
5.6
254,611 339.5
75,000
30.0
332,500 665.0
83,000
83.0
6,000
6.0
,877,500 375.5
47,500
47.5
33,550
61.0
161,000 161.0
60,000
60.0
41,750
83.5
31,534
63.1
24,000
12.0
23,000
46.0
288,000 288.0
402,400 169.3
497,500 165.8
25,500
51.0
18,000
24.0
88,000 176.0
259,000 518.0
53,500 107.0
523,670 1047.3
177,500 355.0
60,000
60.0
317,500 127.0
16,500
288,500
39,337
531,034
10,000

33.0
152.3
78.7
354.0
20.0

50,000
17,500

50.0
35.0

Total
369
370
371
372
373
374

Hampshire County National
Northampton, Mass.b

Bank,

Total




b Restored to solvency.

REPORT OE THE COMPTROLLER OF THE CURRENCY.
RECEIVERS,

TOGETHER

WITH CAPITAL AND SURPLUS,

279

ETC.—Continued.

Failures*

Circulation.
Lawful
money deposited.

Capital.

Surplus.

Receiver appointed. ~

$10,000
10,000
7,200

Oct. 7,1896
Oct. 14,1896
Oct. 17,1896

50,000
50,000
200,000
200,000
75,000
250,000
100,000
200,000
100,000
1,000,000
100,000
50,000
100,000
100,000
50', 000
50,000
200,000
50,000
200,000
251,500
200,000
100,000
75,000
100, 000
50,000
50,000
200,000
250,000
100,000
500,000
50,000
50,000
350,000
50,000
150,000
50,000

10,000
10,000
52,000
1,000
15,000
15,000
60,000
40,000
3,000
1,000,000
18,000

Nov. 9,1896
Nov. 10,1896

1,500
70,000
1,800
10,000
2,500

Nov. 11,1896
Nov. 24,1896
Dec.
3,1896
Dec. 10,1896
Dec. 17,1896
Dec. 18,1896
Dec. 21,1896
Dec. 31,1896
Jan.
7,1897
do
. . .do
Jan. 11,1897
Jan. 12,1897
Jan. 14,1897
Jan. 20,1897
Jan. 21,1897
Jan. 22,1897
Jan. 27,1897
Feb.
3,1897
Feb.
4,1897
Feb. 17,1897
do
do
Mar. 2,1897
Mar. 6,1897
Mar. 17,1897
Mar. 20,1897
May 7,1897
May 29,1897
June 2,1897
June 5,1897
July 26,1897
July 28,1897

100,000
50,000

20,000
6,021

$50,000
50,000
100,000

Cause
of
failure.
X

w
w

Redeemed. Outstanding.

$11,250
11,250
22,495

$11,250
11,250
22, 495

$10,935
10,873
21,680

$315
377
815

326
32<
33(

695,595

695,595

653,618

41,977

Y
J
Y
Y
L
Y
II
G
W
Y
N
Y

11,700
10,900
49,100
45,000
17,320
45,000
37,422
45,000
21,880
52,980
20,880
10,870

V

V
Y
G
F
Z

21,950
22,500
11,250
44,010
10,800
45,000
176,400
42,800
22,200
16,875
21,800
22,200
11,250
45,000
42,870
22,100
43,950
10, 750
11,020
50,040
11,250
51,071
11,250

11,700
10,900
49,100
45,000
17,320
45,000
37,422
45,000
21,880
52,980
20,880
10,870
51,430
21,950
22,500
11,250
44,010
10,800
45,000
176,400
42,800
22,200
16,875
21,800
22,200
11,250
45,000
42,870
22,100
43,950
10,750
11,020
50,040
11,250
51,071
11,250

11,015
10,520
43,716
43,300
15,370
43,590
34,053
43,823
21,480
49, 729
19,993
10,395
6,430
20,890
21,715
10,860
42,925
10,240
41,270
164,981
38,023
21,610
16,600
21,060
19,558
10,943
38,864
40,573
21,645
41,903
10,400
10, 795
47,780
10,693
44,675
10,920

685
380
5,384
1,700
1,950
1,410
3,369
1,177
400
3,251
887
475
45,000
1,060
785
390
1,085
560
3,730
11,419
4,777
590
275
740
2,642
307
6,136
2,297
455
2,047
350
225
2,260
557
6,396
330

Aug. 23,1897
Sept, 21,1897

N
K

22,500
11,250

22,500
11,250

21, 530
10,825

970
425

1,170,138

1,221,568

1,104,692

116,876

Dec.

10,1897

IF

22,000

22,000

20,860

1,140

36

19,1898
29,1898
1,1898
26,1898
23,1898

W
T
W
G
A

10,700
42,890
17,560
10,750
90,000

10,700
42,890
17,560
10,750
145,905

10,130
40, 490
16, 480
10,155
145,905

570
2,400
1,080
595

37
37
37.
37<
37

29,110

29,110

26,580

2,530

37

223,010

278,915

270,600

8,315

11,250
21,640
10,750
11,250
22,500
11,250
33,750
20,653
45,000

11,250
21,640
10,750
11,250
22,500
11,250
33,750
20,653
45,000

9,720
20,728
10,380
10,440
18,200
10,935
29, 445
19,035
39,541

1,530
912
370
810
4,300
315
4,305
1,618
5,459

3,805,000

40,000
35,000
3,297
50,000
75,000
30,000
30,000
20,000
10,000
10,000
30,000
35,000
12,000

.. .do . . . .

u
"V
X
T
N
Y
S
II
F
V
F
S

z
I
v
G

5,851,500
100,000
50,000
500,000
50,000
50,000
250,000

7,985
150,000
2,500
50,000

Jan.
Jan.
Feb.
Feb.
May

200,000

55,000

Sept. 27,1898

E

1,541
5,000
3,000
1,000
100,000
6,000
3,000
10,000
10,000

Nov. 3,1898
Nov. 4,1898
do
Nov. 5,1898
Nov. 16,1898
Mar. 4,1899
June 6,1899
July 8,1899
Sept. 5,1899

Z
A

1,200,000
50,000
100,000
50,000
50,000
100,000
50,000
150,000
50,000
50,000

Issued.




z

V
N
M
T
N
F

33
335
33,
33
33
33
33
33
33
34
34
34'
34
34
34
34(
34
34
34
35
35
35
35
35
35
35
35
35
35
36(
36
36
36
36
36
36
36
36

37
3™
7
37£
37
38(
38
38S
38:
38

280

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OP
Total dividends
paid during
existence as a
national banking association.

Organization.
Name and location of bank.
i Chari ter
: number.

Date.

First National Bank, Penn Yan, N. Y. 358 Feb. 8,1864
First N . B., Arkansas City, Kans.o
33^0 June 30,1885
;
First N . B., McPherson, Kans.b
3521 June 17,1886

Capital.

Surplus.

Per
cent.

$154,054

850,000
50,000
50,000

Amount.

308.1

50,250

Total.
Broadway N . B., Boston, Mass
j 551
People's National Bank, Denver, Colo.b 4084
Globe National Bank, Boston, Mass... 936
Merchants' N . B., Rutland, Vt
I 3311
Somerset N. Bkg. Co., Somerset, Ky.c..[ 5468
South Danvers N . B., Peabody, Mass, .j 958

25,
30,
25,
25

1864
1889
1865
1885
29,1900
31, 1865

Oct.
July
Mar.
Feb.
June
Mar.

$654 393,816
150,000
132,000
150,000
1,000,000 287,304 2,055,000
79,000
50,000
50,000
150,000 37,041 403,500

262.5
88.0
205.5
158.0
269.0

~r

Total.
American N . B., Baltimore, Md
First N . B., White Pigeon, Mich
First National Bank, Niles, Mich
Farmers' N . B., Vergennes, V t
Le Mars N . B., Lemars, Iowa
First N . B., Vancouver, Wash
Pynchon N . B., Springfield, Mass
Seventh N. B., New York, N.
Y.d....
City National Bank, Buffalo, N . Y
First National Bank, Austin, Tex.d
Eufaula National Bank, Eufaula, Ala.

100,000
50,000
100,000
50,000
100,000
50,000
150,000 52,266
500,000
300,000 150,000
100,000
50,000

70,000
16,500
269,000
51,500
99,000
102,137
633,353
626,000
6,000
238,200
163,510

4864 !Mar. 18,1893
1442 I July 15,1865

50,000
600,000

21,500 40.3
795,000 132.5

2103 Apr. 30,1873
4063 July 2,1889

500,000
50,000

685,000 137.0
1,500
3.0

10,1891
3,1891
3,1871
29,1880
13,1882
15,1883
7,1865
11,1865
26,1899
17,1873
, 30,1875

70.0
33.0
269.0
103.0
99.0
204.2
422.2
125.2
4.0
238.2
327.0

Total.
First National Bank, Belmont, Ohio..
Hancock N . B., Boston, Mass.b
Total.
Central National Bank, Boston, Mass.
National Bank of South Pennsylvania,
Hyndman, P a .
First N . B., Asbury Park, N . J
First N . B . of Fla., Jacksonville, F l a . .
Southport N . B., Southport, Conn
Navesink N . B., Red Bank, N . J
Citizens' N . B . , Beaumont, Tex
Groesbeeck N . B . , Groesbeck, Tex
Packard N . B., Greenfield, Mass
Bolivar National Bank, Bolivar, Pa.d..
Federal National Bank, Pittsburg, Pa.d.
First National Bank, Allegheny, Pa.d..

3451
2174
660
4535
5841
4269
2264
6135
6023

Feb.
Aug.
Dec.
Mar.
May
Mar.
May
Feb\
Nov.
Jan.

4,1886
24,1874
29,1864
19,1891
31,1901
22,1890
17,1875
24,1902
16,1901
14,1864

50,
50.
100,
50
100:
50,
IOO:
30,
1,000,
200,

600
29,000
2,222

81,000 162.0
89,500 179.0
504,250 504.2
30,000 60.0

45,000 90.0
129,500 129.5
900
3.0
60,000
6.0
20,000 ; 1,283,000 641.5

Total.
First National Bank, Victor, Colo
50,000
5586 Sept. 25,1900
25,000
Farmers' N. B., Henrietta, Tex
50,000
21,925
4068 July 3,1889
Indiana National Bank, Elkhart, Ind. 4841 Jan. 7,1893
54,000
100,000
First N. B., Storm Lake, Iowa
79,047
50,000
2595 Dec. 1,1881
6,250
Citizens' N. B., McGregor, Tex
25,000
5504 July 18,1900
Equitable N. B., New York, N. Y . . . . 6284 June 2,1902
200,000
American Ex. N. B., Syracuse, N. Y.. 5286 Apr. 12.1900
23,340
200,000
First National Bank, Matthews, Ind... 5998 Oct. 24.1901
4,200
25,000
Galion National Bank, Galion, O h i o . . 3581 Nov. 2,1886
87,600
60,000
First National Bank, Billings, Okla.b.. 5960 Sept. 10,1901
25,000
Orange Growers' National
Bank, 6833 June 13,1903
100,000 15,000
3,000
Riverside, Cal. •
25,000
7,500
National Bank of Holdenville, Ind. T . 5735 Mar. 7,1901
117,221
50,000
Capitol National Bank, Guthrie, Okla. 4705 Mar. 9,1892
1617 Dec. 9,1865
458,000
100,000 1,575
First National Bank, Macon, Ga
25,000
First National Bank, Cape May, N . J . 5839 May 29,1901
6164 Mar. 17,1902
25,000
Elk City N . B., E l k City, Okla
a Formerly in voluntary liquidation; second failure.
c No circulation.
b Formerly in voluntary liquidation.
d Restored to solvency.




50.0
43.8
54.0
158.1
25.0
11.7
16.0
146.0
3.0
30.0
234.4
458.0

REPORT OF THE COMPTROLLER OF THE CURRENCY.

281

RECEIVERS, TOGETHER WITH CAPITAL AND SURPLUS, ETC.—Continued.

Failures.

Circulation.
Lawful
money deposited.

Capital.

$50,000
100,000
50,000

Surplus.

$15,000

Receiver ap- Cause
of
pointed.
failure.
Sept. 18,1899
Oct. 19,1899
Oct. 28,1899

J
E
M

Dec.
Dec.
Dec.
Mar.
Aug.
Sept.

M
X

$11,250
22,500
16,870

$11,250
22,500
16,870

$9,895
21,530
16,170

$1,355
970
730

238,663

216,019

22,644

O

104,195
45,000
863,785
22,500

104,195
45,000
863,785
22,500

98,150
42,400
821,756
21,410

6,045
2,600
42,029
1,090

I

50,000

50,000

44,491

5,509

1,085,480

1,085,480

1,028,207

57,273

100,000
50,000
99.000
20,000
23,900
12,500
111,465

100,000
50,000
99,000
20,000
23,900
12,500
111,465

92,500
46,430
93,101
18,660
20,820
10,960
103,145

7,500
3,570
5,899
1,340
3,080
1,540
8,320

297,750

297,750

289,813

7,937

25,000

25,000

22,609

2,391

739,015

739,615

698,038

41,577

50,000
60,400

50,000
60,400

45,740
51,411

4,260
8,989

110,400

110,400

97,151

13,249

401,133
12,500

401,133
12,500

378,940
11,165

22,193
1,335

407
408

25,000
50,000
100,000
12,500
25,000
12,500
98,070
10,000

25,000
50,000
100,000
12,500
25,000
12,500
98,070
10,000
696,500
99,100

22,055
41,300
87,564
11,555
22,360
10,845
92,170
8,450
34,600
3,440

2,945
8,700
12,436
945
2,640
1,655
5,900
1,550
661,900
95,660

409
410
411
412
413
414
415
416
417
418

746 703

175,000
120,000
500
6t)f 000

16,1899
20,1899
21,1899
26,1900
17,1900
19,1900

1,542,303

724, 444

817,859

48,750
12,500
24,550
50,000
25,000
49,350
200,000
12,500
60,000
6,500
24,400

48, 750
12,500
24,550
50,000
25,000
49,350
200,000
12,500
60,000
6,500
24,400

41,860
10,528
21,848
43,483
22,300
46,650
186,335
11,160
53,190
6,030
22,490

6,890
1,972
2,702
6,517
2,700
2,700
13,665
1,340
6,810
470
1,910

419
420
421
422
423
424
425
426
427
428
429

50,000
98,700
197,000
6,000
6,250

50,000
98,700
197,000
6,000

46,450
87,290
166,520
5,020

3,550
11,410
30,480
980
660

430
431
432
433
434

z
u

1,800,000
200,000
50,000
100,000
60,000
100,000
50,000
200,000
500,000
300,000
100,000
100,000

50,000
10,000
20,000
6,000
4,000
100,000
150,000
150,000
2,500

Dee.
Dec.
Mar.
Apr.
Apr.
Apr.
June
June
June
Aug.
Oct.

21,1900
27,1900
9,1901
13,1901
17,1901
20,1901
24,1901
27,1901
29,1901
3,1901
21,1901

F
G
Z

z

Q
R
F
1
G
W
S

1,760,000
50,000
400,000

10,000

z

Feb. 25,1902
Apr. 4,1902

V

450,000
500,000
50,000

100,000
10,000

Nov. 13.1902
Dec. 16,1902

F
T

100,000
50,000
100,000
50,000
100,000
50,000
100,000
30,000
2,000,000
350,000

60,000
10,000
40,000
20,000
10,000

Feb. 13,1903
Mar. 14,1903
May 19,1903
Aug. 14,1903
Aug. 20,1903
Aug. 22,1903
Oct. 1,1903
do
Oct. 21,1903
Oct. 22,1903

Z
Z
L
L
I
G
AA
AA

io',ooo
13,500
1,000
400,000
100,000

3,480,000
50,000
50,000
100,000
50,000
25,000
200,000
200,000
25,000
60,000
25,000
100,000
50,000
100,000
200,000
25,000
25,000

Redeemed. Outstanding.

238,663

5, SCO

850,000
200,000
300,000
1,000,000
100,000
50,000
150,000

Issued.

3,000
10,000
20,000
8,500
1,500
4,250
40,000
16,000

Nov.
Nov.
Nov.
Jan.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb;
Mar.

4,1903
18,1903
19,1903
2,1904
8,1904
10,1904
11,1904
13,1904
15,1904
19,1904
23,1904

.do
20,000
65,000

Apr. 4,1904
May 16,1904
May 24,1904

5,666 May 28,1904




F
L
N
N
Z

u

G
I
Z

u
zF
G
M
V
G

6,250

5,590

385
386
387

388
389
390
391
392
393

394
395
396
397
398
399
400
401
402
403
404

405
406

282

REPORT OF THE COMPTROLLER OF THE CURRENCY.
No. 66.—NATIONAL BANKS WHICH HAVE BEEN PLACED IN THE HANDS OP

Total dividends
paid during
existence as a
national bank-

Organization.

ing associa-

Name and location of bank.

tion
Charter
number.

135
36
;37
138

Medina National Bank, Medina, N. Y..
First National Bank, Grinnell, Iowa...
People's National Bank, Swanton, Vt..
First National Bank, Claysville, Pa

139
40
41
:42
43
44
45
146
147
148
49
150
51
52
53
154
155
56
57
58
59

Berlin National Bank, Berlin, Wis
WoosterN. B., Wooster, Ohio
Big Bend N. B., Davenport, Wash
Citizens' National Bank, Oberlin, Ohio.
First National Bank, Conneaut, Ohio..
First National Bank, Faribault, Minn..
American National Bank, Abilene, Tex.
First National Bank, Nederland, Tex..
First National Bank, Cornwall, N. Y..
First Natfbnal Bank, Lexington, Okla.
First National Bank, Barberton, Ohio..
First National Bank, Ladysmith, Wis..
Fredonia N. B., Fredonia, N. Y
Vigo County N. B., Terre Haute, Ind..
First National Bank, Topeka, Kans
Spring Valley N. B., Spring Valley, 111.
First National Bank, Toluca, Dl
City National Bank, Kansas City, Mo..
Minot National Bank, Minot, N. Dak..
First National Bank, Orrville, Ohio
Peoria National Bank, Peoria, 111
Enterprise N. B., Allegheny, Pa

Date.

4986
1629
4943
4273

Feb. 19,1895
Jan. 15,1866
Mar. 7,1894
Mar. 27,1890

$50,000
50,000
50,000
50,000

$10,000
309,000
24,250
11,000

20.0
618.0
48.5
22.0

4641
4657
4002
2718
3492
1686
7028
6596
7344
5462
5230
5535
841
3929
2646
3465
4871
5250
6315
6379
2878
4991

Oct.
Nov.
Mar.
June
Apr.
Dec.
Oct.
Jan.
July
June
Nov.
Aug.
Feb.
Oct.
Mar.
Mar.
May
Feb.
June
Aug.
Feb.
Apr.

8,1891
30,1891
28,1889
2,1882
27,1886
2,1868
30,1903
28,1903
25,1904
27,1900
1,1899
13,1900
27,1865
8,1888
13,1882
6,1886
10,1893
2,1900
23,1902
14,1902
12,1883
4,1895

50,000
100,000 $3,666
50,000
50,000
50,000
50,000
75,000
25,000
25,000
25,000 . . . . . . .
50,000
25,000
500
50,000
150,000 2,000
50,000
50,000
50,000
250,000 25,000
25,000
25,000
150,000 6,000
200,000 90,000

17,750
74,000
44,000
94,200
43,500
186,500

35.5
74.0
88.0
188.4
87.0
373.0

7,000

28.0

6702
7516
5840
5543
7951
5837

Mar.
Dec.
May
Aug.
Oct.
May

30,1903
16,1904
29,1901
17,1900
18,1905
28,1901

25, 000
25,000
200,000
25,000
30,000
25,000

533
6405

Oct. 14,1864
Aug. 30,1902

300,000
50,000

Feb. 25,1865

150,000

Nov.
May
Oct.
Mar.

28,1903
6,1903
7,1898
21,1865

25,000
100,000
50,000
200,000

Mar. 27,1893

50,000

31,500

63.0

Oct. 20,1870

50,000

352,500

705.0

Capital.

Surplus.

Per
Amount. cent.

Total

m

7.2
1,800
289,000 578.0
103,500 69.0
347,500 695.0
62,000 124.0
51,000 102.0
52,500 21.0
59.0
14,750
9.0
2,250
310,000 206.7
170,000 85.0

Total

mi

Farmers' N. B., Kingfisher, Okla
w First National Bank, Lineville, Ala
>
m American National Bank, Boston, Mass.
164 First National Bank, West, Tex
65 First National Bank, Attalla, Ala
m Delmont National Bank of New Salem,
Delmont, Pa.
167 First National Bank, Chelsea, Mass
168 Bates National Bank, Butler, Mo
Total
169 Farmers & Drovers National Bank,

839

First National Bank, Scotland, S. Dak. 7048
171 Ft. Dallas National Bank, Miami, Fla.. 6774
172 First National Bank, Dresden, Ohio... 5144
923
173 First National Bank of the City of
174 Farmers & Merchants National Bank, 4892
Mt. Pleasant, Pa.
175 First National Bank, Chariton, Iowa... 1724
Total
170




5,000

20.0

10,000

841,500
17,000

280.5
34.0

3,000

597,750

398.4

4,501 18.0
18,000
18.0
23,500 47.0
84,641 2,874,000 1437.0

3,901,751

REPORT OF THE COMPTROLLER OF THE CURRENCY.

283

RECEIVERS, TOGETHER WITH CAPITAL AND SURPLUS, ETC.—Continued.

Failure?.

Circulation.
Lawful
money deposited.

Capital.

$50,000
100,000
50,000
50,000

Surplus.

Receiver ap
pointed.

Cause
of
failure.

$7,000
20,000
314
16,000

June
July
Aug.
Oct.

22,1904
27,1904
18,1004
11,1904

N
Z
H
Z

2,000
15,000
5,000
20,000
10,000
10,000
10,000
200

Nov. 17,1904
Nov. 23,1904
Nov. 25,1904
Nov. 28,1904
Dec. 20,1904
Jan. 3,1905
Jan. 18,1905
Jan. 26,1905
May 19,1905
May 24,1905
May 26,1905
June 2,1905
June 19,1905
June 28,1905
July 3,1905
July 5,1905
do
July 20,1905
Sept. 19,1905
Sept. 27,1905
Oct. 7,1905
Oct. 18,1905

V

1,200
198
50,000
50,000
92,000
33,000
18,000
90
3,000
800
40,000
200,000

Outstanding.

2
K
R
C
G
V
U

u
V
N
N
N
M
M
M
W
B
F
BB
Z

$12,500
25,000
50,000
49,300

$12,500
25,000
50,000
49,300

$10,690
17,554
45,055
42,740

$1,810
7,446
4,945
6,560

1,008,300

892,783

115,517

12,500
100,000
12,500
50,000
12,500
50,000
75,000

200,000
150,000

12,500
100,000
12,500
50,000
12,500
50,000
75,000
7,000
6,250
12,000
50,000
6,250
50,000
37,500