Annual Report of the Comptroller of the Currency 1929

ANNUAL REPORT OF THE

Comptroller of the Currency

DECEMBER 2, 1929

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1930

For sale by the Superintendent of Documents, Washington, D. C. - - Price $1.25 (Cloth)

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TREASURY DEPARTMENT

Document No. 3018

Comptroller of the Currency


CONTENTS

PageSubmission of the report 1Legislation recommended:

Amendments to national bank act 1-10Amendments to the laws of the District of Columbia 10, 11

Branches:Statement relative to 11Domestic branches of national banks—

Table showing, by States, number and manner of acquisition ofbranches during year ended October 31, 1929 12, 13

Table showing, by States, number and class of branches closedduring year ended October 31, 1929 13, 14

Organization and liquidation of national banks, year ended October 31,1929, and since establishment of system 15, 16

National banks in the trust field:Statement relative to • 16-18Fiduciary activities of, in 1929, segregated according to capital- __„_ 19, 20Fiduciary activities of, by Federal reserve districts, June 29, 1929-_ 21

National-bank failures:Statement relative to . 22-25Financial operations of division of insolvent national banks from

September 30, 1928, to September 30, 1929 „. . 25, 26Capital, date of appointment of receiver, and per cent dividends paid

by insolvent national banks, the affairs of which were closed duringyear ended October 31, 1929 26, 27

Bank failures other than national, year ended June 30, 1929 . 28National-bank circulation:

Statement relative to ~ 28Bond transactions relative to, year ended October 31, 1929 - 29Statement of capital stock of national banks, national-bank notes,

and Federal reserve bank notes outstanding, bonds on deposit, etc.,November 1, 1929 29, 30

Redemption of national and Federal reserve bank circulation, year endedJune 30, 1929 30

National banks of issue 30, 31Condition of national banks at date of each report called for during year

ended October 31, 1929 31Principal items of resources and liabilities of national banks, October 4,

1929, by States . 32, 33National-bank liabilities on account of bills payable and rediscounts at

date of each call during year ended October 31, 1929 34Loans and discounts of national banks:

Classification of December 31, 1928, and June 29, 1929-_- 35Classification of, by reserve cities and States, June 29, 1929--., 36-39Comparative statement of, for the last three fiscal years, in central re-

serve and other reserve cities, all reserve cities, and elsewhere-- 40Comparative changes in demand and time deposits, loans and discounts,

United States Government and. other bonds and securities, and theamount of lawful reserve of national banks since June 30, 1925 40

United States Government securities held by national banks June 29,1929:

Classification of, by reserve cities and States 41-43Investments of national banks:

Comparison of, June 30, 1928, and June 29, 1929 43United States Government, domestic, and foreign bonds, securities, etc.,

owned by national banks June 29, 1929:Classification of, by reserve cities and States 44-47

ni


IV CONTENTS

Per capita individual and savings deposits in all reporting banks June 29,1929:

Statement, by States, showing approximate population, individualdeposits, per capita individual deposits, savings deposits and percapita savings deposits „ 48, 49

Savings deposits and depositors in all reporting banks, according to classof banks, June 29, 1929 50-55

Earnings, expenses, and dividends of national banks:Comparison of, years ended June 30, 1928 and 1929 56Abstract of—

By reserve cities and States, year ended June 30, 1929 57-66By Federal reserve districts, year ended June 30, 1929 67, 68

National-bank investments in United States Government and other bondsand securities, etc., loans and discounts, and losses charged off on accountof bonds and securities and loans and discounts, years ended June 30,1918 to 1929 69

Number of national banks, capital, surplus, net addition to profits, divi-dends and percentage ratios, years ended June 30, 1914 to 1929 69

National banks classified according to capital stock, December 31, 1928:Number, loans and discounts, bonds and securities owned, aggregate

resources, capital, surplus and profits, and total deposits of 69, 70National-bank examiners, list of, November 1, 1929 70-75Convictions of national-bank officers and others for violations of the

national banking laws during the year ended October 31, 1929, list of_. 75-79Federal reserve banks:

Assets and liabilities of the 12 Federal reserve banks combined, as ofthe last weekly statement date in October, 1920 to 1929 80

Principal assets and liabilities of the 12 Federal reserve banks com-bined, on the last weekly statement date in each month, fromJanuary, 1925, to October, 1929 81

Percentage of bills discounted secured by United States Governmentobligations to total bills discounted and purchased by Federalreserve banks at the end of each month, year ended October 31,1929 82

Federal reserve bank discount rates in effect November 1, 1929, dateestablished, and previous rate with respect to all classes and maturi-ties of eligible paper 82

Discount rates prevailing in Federal reserve bank and branch citieson bulk of loans of each class made by about 200 representativebanks during week ending the 15th of the month, October, 1928, toOctober, 1929 82-84

Rates for money in New York:Range of, monthly in the year ended October 31, 1929__ „__ 85Comparison of range of, annually from January, 1920, to October,

1929 . 86New York clearing house:

Statement relative to transactions of, year ended September 30, 1929. 87Clearing house associations in the 12 Federal reserve bank cities and

elsewhere:Statement relative to transactions of, year ended September 30, 1929_ 87

Banks other than national, June 29, 1929:List of officials of State banking departments and number of each class

of banks under their supervision from which reports of conditionwere received 87-89

State (commercial) banks—Summary of resources and liabilities of, and comparison with

June 30, 1928 90,91Loan and trust companies—

Summary of resources and liabilities of, and comparison withJune 30, 1928 92,93

Principal items of resources and liabilities of, in June of eachyear, 1914 to 1929 94

Stock savings banks—Summary of resources and liabilities of, and comparison with

June 30, 1928 _ 94-96


Banks other than national, June 29, 1929—Continued.Mutual savings banks— Page

Summary of resources and liabilities of, and comparison withJune 30, 1928 96-98

Depositors and deposits in mutual and stock savings banks, by-States, June 30, 1928 and 1929 98-100

Number of savings banks (mutual and stock), number of depositors,amount of individual deposits, and average amount due eachdepositor in years ended June 30, 1914 to 1929 101

Private banks—Summary of resources and liabilities of, and comparison with

June 30, 1928 101-103All reporting banks other than national—

Summary of resources and liabilities of, and comparison withJune 30, 1928 103-105

Resources and liabilities of each class of « 106Principal items of resources and liabilities of, on or about June 30,

1925 to 1929 „ 106National banks, June 29, 1929:

Summary of resources and liabilities of, and comparison with June 30,1928 ." 107, 108

Banks, all reporting, June 29, 1929:Summary of resources and liabilities of, and comparison with June 30,

1928 109-111Abstract of resources and liabilities of, by States . _. 111—119 tIndividual deposits in, classification of 120Resources and liabilities of, years ended June 30, 1925 to 1929 121Principal items of resources and liabilities of, in the continental United

States, as compared with similar data for member banks of theFederal reserve system „ 121

Money in the United States:Stock of, years ended June 30, 1914 to 1929. 122Circulation statement of United States money, June 30, 1929 123Imports and exports of merchandise, gold and silver, calendar years

1914 to 1928, and from January 1 to September 30, 1929 . 124Banks in District of Columbia:

Number, capital, individual deposits, and aggregate resources of,June 29, 1929 125

Earnings, expenses, and dividends of, other than national, six monthsended December 31, 1928, and June 30, 1929, and comparison of, inyears ended June 30, 1929 and 1928 125, 126

Building and loan associations in the District of Columbia—Number of loans, installme nts on shares, and aggregate resources,

years ended June 30, 1909 to 1929 I 126, 127Building and loan associations in the United States:

Statistics relating to, by States, year ended 1928 127Mortgage loan investments held by, in 1927 and 1928, by States 128Failures of, each year 1920 to 1928 . 128

Monetary stock of principal countries of the w orld:Statistics relating to, at the end of the calendar years 1927 and 1928. 129-137

Federal land banks, condition of, September 30, 1929 138, 139Joint-stock land banks, condition of, September 30, 1929 140, 141Federal intermediate credit banks, condition of, September 30, 1929 142National agricultural credit corporatio ns 143United States postal savings system:

Statistics relating to activities of, years ended June 30,1928 and 1929_ 143-147School savings banking:

Statistics relative to, in each State, in school years 1927-28 and 1928-29-__- „_„ „ . 148

Savings banks in principal countries of the world:Statistics relative to, as of various dates-._«_. . 149-151

Resources of leading foreign banks of issue:Statistics relative to, on or about June 30, 1929_m 152

Expenses of the Currency Bureau:Summary of, in the fiscal year ended June 30, 1929 „ - 153


VI CONTENTS

APPENDIXPage

Digest of decisions relating to national banks 157-226TABLES

No. 1. Comptrollers and Deputy Comptrollers of the Currency 227No. 2. Names and compensation of officers and clerks in the office of the

Comptroller of the Currency, October 31, 1929 227-229No. 3. Number of national banks organized since February 25, 1863,

number passed out of the system, and number in existenceOctober 31, 1929 229

No. 4. Authorized capital stock of national banks on the 1st day of eachmonth from January 1, 1925, to November 1, 1929, bonds ondeposit to secure circulation, circulation secured by bonds, law-ful money on deposit to redeem circulation, an'd national-banknotes outstanding 230

No. 5. National banks reported in liquidation from November 1, 1928, toOctober 31, 1929, the names (where known) of succeeding banksin cases of succession, with date of liquidation and capital-_ 231-237

No. 6. Capital stock, surplus, undivided profits, and aggregate resourcesof banks consolidated under act of November 7, 1918, asamended February 25, 1927, for the year ended October 31,1929, as shown by their last reports prior to consolidation. _ 238-243

No. 7. National banks consolidated under act of November 7, 1918, theircapital, surplus, undivided profits, and aggregate resources,year ended October 31, 1929 244, 245

No. 8. State banks and national banks consolidated underact of Febru-ary 25,1927, their consolidated capital, surplus, undivided prof-its, and aggregate resources, year ended October 31, 1929 246, 247

No. 9. Number and capital of State banks converted into national bank-ing associations in each State and Territory from 1863 to Octo-ber 31, 1929 248

No. 10. Conversions of State banks and primary organizations as nationalbanks from March 14, 1900, to October 31, 1929 248

No. 11. Number of national banks increasing their capital, together withthe amount of increase monthly for years ended October 31,since 1924 249

No. 12. Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each year endedOctober 31, since 1913, with yearly increase or decrease 249

No. 13. Total number of national banks organized, consolidated under actof November 7, 1918, insolvent, in voluntary liquidation, andin existence on October 31, 1929 250

No. 14. Changes of corporate title of national banks, year ended October31, 1929 251, 252

No. 15. Changes of corporate title incident to consolidations of nationalbanks, and of State banks with national banks, year endedOctober 31, 1929 253, 254

No. 16. National banks chartered during year ended October 31, 1929._ 254-258No. 17. National banks chartered which are conversions of State banks

during year ended October 31, 1929 258No. 18. National banks, by States and geographical divisions, organized,

failed, and reported in voluntary liquidation during year endedOctober 31, 1929 259

No. 19. Number and classification of national banks chartered monthlyduring year ended October 31, 1929 . 260

No. 20, Principal items of resources and liabilities of national banksclassified according to capital stock, December 31, 1928 260-268

No. 21. United States bonds on deposit to secure circulating notes ofnational banks in years ended October 31, 1900 to 1929 269

No. 22. Profit on national-bank circulation, based upon deposit of $100,000United States consols of 1930, etc., at the average net price,monthly, during year ended October 31, 1929 270

No. 23. Investment value of United States bonds—Panama Canal bondsand 2's of 1930 271

No. 24. United States bonds (circulation)—Monthly range of prices inNew York, November, 1928, to October, 1929, inclusive. 271


CONTENTS VII

PageNo. 25. Number, capital stock, and circulation outstanding of national

banks issuing circulating notes, together with, number andcapital stock of national banks not issuing circulating notes,June 29, 1929, by reserve cities and States 272, 273

No. 26. National-bank notes issued, redeemed, and outstanding, by de-nominations and amounts, on October 31, each year, 1918 to1929 274

No. 27. National-bank currency issued to banks monthly from November1, 1928, to October 31, 1929, and since 1863 275

No. 28. National-bank notes received monthly for redemption duringyear ended October 31,1929 275

No. 29. National-bank notes received at currency bureau and destroyedyearly since establishment of system 276

No. 30. National-bank notes issued and destroyed, etc., account of active,insolvent, and liquidated banks, years ended October 31, 1914to 1929 276

No. 31. Amount, denomination, and cost of national-bank currency re-ceived from Bureau of Engraving and Printing, year endedOctober 31, 1929 277

No. 32. Vault account of currency received and issued by currency bureauduring year and amount on hand October 31, 1929 277

No. 33. Vault account of currency received and destroyed during yearended October 31, 1929 _" 277

No. 34. Amount of currency received for redemption, by months, fromJuly 1, 1928, to June 30, 1929, and counted into the cash of theNational Bank Redemption Agency 278

No. 35. Amount of currency received by National Bank RedemptionAgency for redemption in year ended June 30, 1929, fromprincipal cities . 278

No. 36. Cost of redemption of national-bank notes during year endedJune 30, 1929 , 278

No. 37. Classification of Federal reserve currency redemptions, amount re-deemed, number of notes, cost of redemption per 1,000 notes,and amount assessed upon Federal reserve banks, year endedJune 30, 1929 1 279

No. 38. Taxes assessed on national-bank circulation, years ended June 30,1864 to 1929; cost of redemption, 1874 to 1929; and assess-ments for cost of plates, etc., 1883 to 1929 280

No. 39. Federal reserve notes outstanding according to weekly state-ments (amount issued by Federal reserve agents to Federalreserve banks, less "unfit" notes redeemed), and collateralsecurity therefor, from November 7, 1928, to October 30, 1929. _ 281

No. 40. Federal reserve notes, segregated by series, printed, shipped, andcanceled, issued to banks, retired, and destroyed since organiza-tion of the banks, with balance in vaults and amount outstand-ing October 31, 1929 282-284

No. 41. Aggregate amount of Federal reserve bank notes printed, issued,canceled, and redeemed, by denominations, since inaugurationof the Federal reserve system, and amount on hand and out-standing October 31, 1929 284

No. 42. Taxes assessed on Federal reserve bank currency, cost of redemp-tion, and cost of plates, years ended June 30, 1915 to 1929 285

No. 43. National banks in charge of receivers during year ended October31, 1929, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, and circulationoutstanding, etc 286-299

No. 44. National banks in charge of receivers, dates of organization,appointment of receivers, and closing, with amounts of nomi-nal and additional assets, amounts collected from all sources,loans paid, losses on assets, expenses of receiverships, claimsproved, etc., to October 31, 1929 300-331

No. 45. National banks restored to solvency after having been placedin charge of receivers 332, 333

No. 46. Dividends paid to creditors of insolvent national banks duringyear ended October 31, 1929 . 333-338


VIII CONTENTS

PageNo. 47. Dates of reports of condition of national banks from 1914 to

1929 339No. 48. Condition of foreign branches of National City Bank and Chase

National Bank, of New York, N. Y., and- First National Bankof Boston, Mass., on June 29, 1929 340-345

No. 49. Number, capital stock paid in, circulation outstanding, andaggregate resources of national banks at date of each reportfrom February 21, 1921, to October 4, 1929, money in the UnitedStates, June 30, each year, etc 346

No. 50. Abstract of reports of condition of national banks in the centralreserve cities of New York and Chicago, in other reserve cities,and elsewhere, October 4, 1929 347

No. 51, Abstract of reports of condition of national banks in central re-serve and other reserve cities and country banks at date ofeach call during year ended October 31, 1929 348-351

No. 52. Classification of amounts "due from" and "due t o " banks re-ported by national banks, according to reserve cities and States,at date of each call during year ended October 31, 1929 352-367

No. 53. Classification and demand and time deposits in national banks,according to reserve cities and States, at date of each callduring year ended October 31, 1929 „___ 368-383

No. 54. Classification of bills payable and rediscounts of national banksaccording to reserve cities and States, at date of each callduring year ended October 31, 1929 _' 384-393

No. 55. Classification of cash in vaults of national banks, according toreserve cities and States, at date of each call during year endedOctober 31, 1929 1 394-397

No. 56. Gold and silver coin, certificates, legal tenders, and other cur-rency held by national banks at date of each report fromFebruary 21, 1921, to October 4, 1929 398

No. 57. Gold, etc., held by national banks in the central reserve city ofNew York at date of each report from February 21, 1921, toOctober 4, 1929 399

No. 58. Reserve computation of national banks, according to reserve citiesand States, at date of each call during year ended October 31,1929 400-415

No. 59. Abstract of reports of condition of national banks, at date of eachreport from February, 1920, to October, 1929 416-425

No. 60. Abstract of reports of condition of national banks, according toreserve cities and States, at date of each call during year endedOctober 31, 1929 427-543

No. 61. Abstract of reports of condition of national banks in each Federalreserve district at date of each call during year ended October31, 1929 544-549

No. 62. Classification of loans and discounts of national banks accordingto reserve cities and States December 31, 1928 550-553

No. 63. Classification of United States Government securities owned bynational banks, according to reserve cities and States, December31, 1928 554,555

No. 64. Classification of investments of national banks, according to re-serve cities and States, December 31, 1928 556-559

No. 65. Principal items of resources and liabilities of national banks ac-cording to counties in each State, by Federal reserve districts,March 27, 1929 561-625

No. 66. Abstract of reports of earnings, expenses, and dividends of nationalbanks, according to reserve cities and States, for the six monthsended December 31, 1928 626-637

No. 67. Abstract of reports of earnings, expenses, and dividends of nationalbanks, by Federal reserve districts, for the six months endedDecember 31, 1928 638,639

No. 68. Abstract of reports of earnings, expenses, and dividends of nationalbanks, according to reserve cities and States, for the six monthsended June 30, 1929 640-651

No. 69. Abstract of reports of earnings, expenses, and dividends of nationalbanks, by Federal reserve districts, for the six months endedJune 30, 1929 „ 652, 653


CONTENTS IX

PageNo. 70. Abstract of reports of savings and State banks in the District of

Columbia at date of each report during year ended October 31,1929 . 654

No. 71. Abstract .of reports of loan and trust companies in the District ofColumbia at date of each report during year ended October 31,1929 655

No. 72. Principal items of resources and liabilities of each savings andState bank in the District of Columbia, October 4, 1929 656, 657

No. 73. Principal items of resources and liabilities of each loan and trustcompany in the District of Columbia, October 4, 1929

No. 74. Principal items of resources and liabilities of savings and State 658banks in the District of Columbia on or about October 1, 1914to 1929 659

No. 75. Principal items of resources and liabilities of loan and trust com-panies in the District of Columbia on or about October 1, 1914to 1929 659

No. 76. Individual statements of resources and liabilities of the 22 build-ing and loan associations in the District of Columbia, June 30,1929 660, 661

No. 77. Summary of resources and liabilities, receipts, and disbursementsof building and loan associations in the District of Columbiafor the six months' period ended on or about December 31, 1928_ 662

No. 78. Summary of resources and liabilities, receipts, and disbursementsof building and loan associations in the District of Columbiafor the six months' period ended on or about June 30, 1929 663

No. 79. Abstract, by States, of resources and liabilities of State (commer-cial) banks June 29, 1929 664-671

No. 80. Abstract, by States, of resources and liabilities of loan and trustcompanies June 29, 1929 672-679

No. 81. Abstract, by States, of resources and liabilities of stock savingsbanks June 29, 1929 680-683

No. 82. Abstract, by States, of resources and liabilities of mutual savingsbanks June 29, 1929 684-687

No. 83. Abstract, by States, of resources and liabilities of private banksJune 29, 1929 688-691

No. 84. Abstract, by States, of resources and liabilities of all reportingbanks other than national June 29, 1929 692-699

No. 85. Abstract, by States, of resources and liabilities of national banksJune 29, 1929 700-707

No. 86. Aggregate resources and liabilities of State (commercial) banks,June, 1925 to 1929 _._ _' 708

No. 87. Aggregate resources and liabilities of loan and trust companies,June, 1925 to 1929 708

No. 88. Aggregate resources and liabilities of stock savings banks, June,1925 to 1929 1 709

No. 89. Aggregate resources and liabilities of mutual savings banks, June,1925 to 1929 : 709

No. 90. Aggregate resources and liabilities of private banks, June, 1925 to1929 710

No. 91. Gold, silver, etc., held by banks other than national, June, 1914to 1929 710

No. 92. Statement of resources and liabilities of the chartered banks ofCanada, September 30, 1929 711

No. 93. Summary of the principal items of resources and liabilities of thechartered banks of Canada, monthly, year ended September 30,1929 711

No. 94. Comparative statement of the transactions of the New YorkClearing House in each year ended September 30,1854 to 1929_ 712, 713

No. 95. Comparative statement of the clearings, etc., of the New YorkClearing House, years ended September 30, 1929 and 1928 713

No. 96. Exchanges, balances, percentages of balances to exchanges, andpercentages of funds used in settlement of balances by theNew York Clearing House in each year ended September 30,1893 to 1929 713, 714

No. 97. Comparative statement of exchanges of clearing houses of theUnited States, years ended September 30, 1929 and 1928---- 714-717


X CONTENTS

PageNo. 98. Comparative statement of transactions of clearing-house associa-

tions in the 12 Federal reserve bank cities, and in other citieswith transactions of $1,000,000,000 and over, in years endedSeptember 30, 1929 and 1928 718

No. 99. Number and liabilities of State, private, and national banks whichfailed in each State during the six months ended December 31,1928 719

No. 100. Number and liabilities of State, private, and national bankswhich failed in each State during the six months ended June 30,1929 720,721

No. 101. Number and liabilities of State, private, and national bankswhich failed in each State during the year ended June 30,1929 722,723

No. 102. Number and liabilities of State, private, and national bankswhich failed in years ended June 30, 1914 to 1929 724

No. 103. Statements of resources and liabilities of the individual nationalbanks (States, Territories, and towns arranged alphabetically)at close of business December 31, 1929. {Omitted from thisreport and published as a separate table.)


REPORTOF THE

COMPTROLLER OF THE CURRENCY

TREASURY DEPARTMENT,OFFICE OF THE COMPTROLLER OF THE CURRENCY,

Washington, December 2, 1929.SIR: I have the honor to submit the following annual report in

accordance with the provisions of section 333 of the United StatesRevised Statutes, covering activities of the Currency Bureau, inthe year ended October 31, 1929. This is the sixty-seventh reportmade to the Congress since the organization of the bureau.

LEGISLATION RECOMMENDED

Amendments to the national hank axt

The experience of the postwar period has been of sufficient durationto permit a comprehensive appraisal of the effect of the new economicand social conditions upon our system of banking, Briefly stated, itmay be said that banking is following in the wake of the trend ofbusiness in general toward larger operating units with stronger capitalfunds and more experienced and highly trained management. Thenatural result has been that the larger cities are being favored withbanking organizations of great financial stability with the capacityto render a better and more diversified type of service.

In the principal cities, therefore, in various parts of the country,there have grown up through mergers and. through increases in thevariety and volume of business banking institutions which for strengthof capital and management technique were unknown in the pre-warperiod. There have been no failures of any of these types of metro-politan banks. They are giving the general public a safer and highertype of banking service than has hitherto been known. Their sta-bility rests upon the great diversity of banking business to which theyhave access and to the further fact that they are able to secure themost highly trained and experienced talent. These banks compriseboth unit and branch banking institutions.

The aggregate of all the banking resources in the United States isabout $72,000,000,000, held by a little more than 25,000 banks (as ofJune 29, 1929), but 250 banks hold resources to the aggregate amountof approximately $33,400,000,000.

While the largest and strongest banks with the bulk of the bankingresources are in the large cities, about three-fourths of all the banksin number are in the smaller towns and cities and may be classed as


2 REPORT OF THE COMPTROLLER OF THE CURRENCY

country banks. It is these banks which serve directly the agricul-tural communities. ^ They operate with small capital funds and arevery much limited in their ability to employ a trained management.The economic developments of the postwar period have had the effectof decreasing the opportunities of these banks to operate with profitand it is this situation to which I should like to direct your mostserious consideration.

We are faced with the fact that during the 9-year period fromJuly 1, 1920, to June 30, 1929, inclusive, about 5,000 banks,nearly all in the agricultural communities, closed their doors andtied up deposits of approximately Sl OOjOOOjOOO.1 These failureshave not been limited/ to any one section of the country, althoughthey have been most prevalent in the agricultural districts. Up toNovember 1, 521 banks with deposits of about $200,000,000 had sus-pended during the year 1929. The number of failures by Statesduring the fiscal years ending June 30, 1921 to 1929, inclusive, is asfollows:

Maine . - „_'New Hampshire . _Vermont _ • . _.MassachusettsRhode Island _ . __ .Connecticut

Total New England States . . . ._ _. . . .

New Jersey . - .__.-_._._.--. - „_ ._ ._ . .Pennsylvania

Maryland - - . - - -District of Columbia „

Total Eastern States

VirginiaWest Virginia J. ._ - -_North Carolina - -- -- --South CarolinaGeorgia __FloridaAlabama - _Mississippi . .Louisiana . ,Texas .ArkansasKentucky •Tennessee

Total Southern States

OhioIndiana -IllinoisMichiganWisconsin _ _ _ . . . .Minnesota . ._ .Iowa - _ _-Missouri ._

Total Middle Western States .._

North Dakota ._ .South DakotaNebraska _ „KansasMontana— - _ . -Wyoming

Stateand

private

311

1512

23

10

26

5

41

292198

170293110224033

178804056

1,170

2878686357

320386241

1,241

38526427918213652

National

111

3

2

11111

16

24

122112134S1

398

3

122

81313

g68815

188

5128125511

i These figures embrace only those banks which actually went into the hands of receivers* They do notinclude about 500 banks which suspended business but were later reopened after reorganization} oftenresulting in depositors and shareholders voluntarily suffering some loss.


REPORT OF THE COMPTROLLER OF THE CURRENCY

ColoradoNew MexicoOklahoma

Total Western States

Washington.. .Oregon _California - - - . . . . . . . . .IdahoUtahNevadaArizona .„. ._-. . . .__. . .„

Total Pacific States

The Territory of Hawaii. „..„

Total United States

Stateand

private

6040

174

1,572= = = = =

41361348]32

27

180

1

4,228

National

162053

305

87

1625

4

3

63

697

As will be observed from the foregoing table the failures of Statechartered banks greatly outnumber those of the national banks, butsmall national banks have not been immune to the conditions whichare causing the failures of small country banks generally. As anillustration of the wide scope of this economic condition, it may besaid that in seven States over 40 per cent of all the banks in existencein 1920 have failed and in six States between 25 and 40 per cent.In 26 States, or more than one-half the total, over 10 per cent of thebanks that were in operation in 1920 have since failed. When it isconsidered that no important failures have occurred among banks inthe larger cities, the ratio of failures in the country districts is evenhigher.

We have here, therefore, a strong contrast between city and countrybank operations. Whereas the depositor in a large city bank, whethera wage earner or a business man, has had full protection, the depositorin the small country bank has suffered severely from the inability of somany of these banks to meet their deposit liabilities. The farmingcommunities have not been afforded the protection for their savingswhich has been available to depositors in the large cities.

It is cause for immediate concern that the operating conditionsfaced by the country banks show no prospect of improvement under-the present system. There are many country banks now operatedat a loss and many others operating upon earnings insufficient tojustify their capital investment. There is not available to me theearning statements of State banks, but taking the national banks asan illustration and the year 1927 as a typical year (later earningfigures not being compiled) 966 national banks operated at a loss andan additional 2,000 earned less than 5 per cent. These constitutedabout 38 per cent of all national banks in the United States.

Comprehensive study of the banking situation for the past nineyears clearly indicates that the system of banking in the rural com-munities has broken down through causes beyond the control of theindividual banker or the local community. These causes are of abasic nature and have many ramifications throughout the greateconomic and social changes which have occurred in the UnitedStates since 1914. I shall not attempt in this report a detailed analysisof this situation except to say that the economic movement away from



a large number of independent local utility and industrial operatingunits toward a stronger and more centralized form of operation inthe large cities has curtailed the opportunities of the country bank fordiversity and extension of business while broadening these opportuni-ties for the large city bank.

Any attempt to maintain the present country bank system by forceof legislation in the nature of guaranty of deposits or the like, wouldbe economically unsound and would not accomplish the purposeintended. If in the free course of business the country bank can notsuccessfully operate as an independent banking corporation, affordingample protection to its depositors and its stockholders, the obligationand responsibility is upon the Government of the United States, atleast so far as the national banks are concerned, to set up a system ofnational banking which will insure the rural communities against thecontinuing disastrous effects of local bank failures.

There have been no general financial panics in this country sincethe war—thanks to the Federal reserve system. Any bank can haveaccess, directly or indirectly, to the benefits of the Federal reservesystem to the extent of its sound commercial and business loans andthe decline of the country banks has taken place notwithstanding thevaluable assistance rendered by the Federal reserve system. A Federalreserve bank is not charged with the responsibility of preventingbank failures. I t is beyond the power of the Federal reserve system,as it is beyond the power of any governmental agency, to stand betweenthese banks and insolvency.

In the absence of legislation to remedy the conditions abovedescribed, private enterprise has within recent months^ undertaken tomeet the economic situation presented by the growing isolation of thecountry banks. Local holding companies have been formed in manysections of the country for the purpose of bringing together a numberof banks into a single operating group. The usual procedure is forthe holding company, a State corporation, to purchase a majorityof the stock of several banks, one of which would be a large city bankwhich in effect becomes the parent bank of thegroup. Themanagementpersonnel of the central bank becomes in practice the responsiblemanagement for the entire group. Through such a group system itappears to be possible to make a close approach to a form of branchbanking whereby each operating unit leans for support upon thecentral bank, or upon the holding company, and receives the benefitsof its moral and financial support; its prestige and good will; its ex-tension of the wider type of banking service; and the benefits of itshighly trained management.

This holding-company movement is of such recent developmentthat complete statistics are not yet available as to the number ofcompanies in operation or the number of banks taken over. Itappears that in many cases some of the most responsible bankers andbusiness men of the community have been instrumental in the organi-zation of these holding companies and this it would seem is a sufficientindication of the seriousness of the purpose behind the movement.However, these holding companies are attempting to do under thesanction of existing laws, which are crudely adapted to the purpose,what should be made possible in a simpler manner by new legislation.If branch banking were permitted to be extended from the adequately


REPORT OF THE COMPTROLLER OF THE CURRENCY 5

capitalized large city banks to the outlying communities within theeconomic zone of operations of such banks, there would be no logicalreason for the existence of the local holding company and it wouldgive way to a system of branches operated directly by the centra!bank of the group.

These conditions would seem to warrant a further amendment ofsection 5155 of the Kevised Statutes of the United States as amendedby the act of February 25, 1927 (U. S. Code, title 12, sec. 36), known,as the McFadden Act, to permit national banks, with the approvalof the Comptroller of the Currency, to establish branches within thetrade areas of the cities in which such banks may be situated. Thesetrade areas may in some cases be coextensive with Federal reservedistrict lines; in other cases they may be of a more limited extent,but in my judgment they should not extend beyond Federal reservedistrict boundaries, except to take care of a few exceptional caseswhere a trade area may extend from one Federal reserve districtinto another, nor should a bank be permitted to establish a branchin another city in which there is a Federal reserve bank or a branchthereof.

Under such a system of branches there would gradually be extendedto the agricultural communities from the large city banks a safe andsound system of banking which would render remote the possibilityof bank failures. There would, however, be no compulsion uponunit banks to enter a branch organization. The two systems ofbanking—unit banking and branch banking—would no doubtoperate side by side for an indefinite length of time; that is to say,there would be in every rural section some unit banks well organized,competently managed and held in high esteem by the community,which would continue to operate advantageously.

These suggestions for branch banking are made not with theintention primarily to deal with the question of the decline in thenumber of national banks through defection from the national to theState systems, but rather as a, remedy for what appears to be a seriousand fundamental weakness in our systems of banking both nationaland State. Such a grant of power to the national banks would,however, give them such an outstanding operating advantage that itwould seem reasonable to expect that the exodus of banks from thenational system would practically cease and that many now underState supervision would return to the national charter which theyhave forsaken.

Any such legislation, based not upon the theory of equalizing thenational with the State bank charter powers but giving a real ad-vantage to the national charter, would be fully justified under exist-ing conditions which seriously jeopardize the maintenance of thenational banking system. The State legislatures have for yearsgiven to the State banks operating advantages which the nationalbanks did not possess and it is in this situation that we find themotive for the abandonment of national charters. There is appendedhereto a list of 127 large national banks which have within the past10 years given up their national charters for the purpose of operat-ing under State charters.



Name and location of bank State Capital Resources

Year ended Oct. 81,1920

Third National Bank of AtlantaMerchants National Bank of the City of New York-Security National Bank of Los Angeles : . .Farmers National Bank of FresnoMercantile National Bank of San Francisco

GeorgiaNew York.California—

dodo


National Reserve Bank of Kansas CityMidwest National Bank & Trust Co. of Kansas C i t y -Lincoln National Bank of RochesterFirst National Bank of ClevelandUnion National Bank of NewarkUnion Commerce National Bank of Cleveland-_Canal-Commercial National Bank of New OrleansNational Bank of Commerce of ToledoCentral National Bank of St. LouisNational Commercial Bank of ClevelandLiberty National Bank of New YorkNational Bank of Commerce of Kansas CityUnion National Bank of PasadenaRidgewood National Bank, RidgewoodNational Bank & Trust Co. of Pasadena

Missourido

New York-.OhioNew Jersey,.Ohio..Louisiana...Ohio-Missouri. _.OhioNew York..Missouri-_-California,.New York..California. _


First National Bank of FresnoFirst National Bank of BerkeleyFirst National Bank of BakersfieldAtlantic National Bank of the City of New YorkBank of New York National Banking AssociationNational State & City Bank of Richmond

dododo

New Yorkdo

Virginia -


Merchants National Bank of San Diego.Lowry National Bank of AtlantaIrving National Bank, New YorkBank of North America, PhiladelphiaMerchants National Bank of San FranciscoFirst-Second National Bank of Akron _Importers and Traders National Bank of Now YorkMerchants National Bank of Raleigh _Luzerne County National Bank of Wilkes-BarreBattery Park National Bank of New YorkAmerican National Bank of San Francisco _Ninth National Bank of Philadelphia

CaliforniaGeorgiaNew YorkPennsylvaniaCaliforniaOhio.New YorkNorth Carolina..Pennsylvania.. .New YorkCaliforniaPennsylvania-__


Fourth National Bank of CincinnatiWells Fargo National Bank of San FranciscoNational Exchange Bank of BaltimoreLafayette National Bank of Buffalo,Continental National Bank & Trust Co. of Kansas City-Northern National Bank of Toledo..Long Beach National Bank, Long BeachSecond National Bank of ToledoCorn Exchange National Bank of Chicago

Year ended Oct. 81,1925First National Bank of Oakland-Fifth National Bank of the City of New YorkGotham National Bank of New York. _National Union Bank of Boston

OhioCalifornia..Maryland-New York.MissouriOhio.California..OhioIllinois

CaliforniaNew York

do._Massachusetts. .

Year ended Oct. SI, 1926Manufacturers & Traders National Bank of BuffaloCoal & Iron National Bank of the City of New YorkFirst National Bank of HammondPlanters National Bank of RichmondNorwood National Bank of GreenvilleNational Exchange Bank of ProvidenceFirst National Bank of JamaicaCity National Bank of Plainfield.-State National Bank of North TonawandaPhoenix National Bank of HartfordNational Exchange Bank of LockportSecond National Bank of HobokenFirst National Bank & Trust Co. of UticaNational American Bank of New YorkNational Butchers & Drovers Bank of the City of New

York.

New Yorkdo._

IndianaVirginia. .-South Carolina-Rhode Island. . .New YorkNew JerseyNew YorkConnecticutNew YorkNew JerseyNew York

do. . . . do

$1,000,0003,000,000

600,000300,000

2,000,000

1,000,0001, 000,0001,000,0002, 500,0001, 500,0004,000,000

500,0001,000, 0001, 000, 0001, 500, 0005,000, 0004,000,000

375,000300, 000300,000

500, 000300,000400,000

1, 000,0002, 000, 0001,000,000

250,0001,000,000

12, 500,0002, 000,0001, 500,0001, 500,0001, 500, 000300,000400,000

1, 500, 0002,000, 000500.000

500,0006,000,0001, 500,0001,000,000500,000

1,000,000200,000

1,000,0005,000,000

1,000,0001, 200,0001, 500,0001,000,000

2,000,0001, 500,000250,000

1,000, 000250,000

1, 250, 000200,000150, 000600, 000

1, 000, 000300, 000700, 000

1, 250, 0001, 000,0002,000,000

$27,053,00049,942,0008,358,0006,985,00020,224,000

11,534,00012, 542,00022, 272,000101, 524, 00031,372,00078, 323,00011, 863, 00016,781, 00027, 629,00014, 765, 000 •

121, 642,00068, 613, 0005,404,0009, 224,0005,490,000

9,771,0006,717,0002* 127,00021, 776,00076,135,00015, 854,000

5,108,00021, 350,000297,935,00031, 490, 00015,052,00022,603,00043, 550,0005, 576, 0005, 018, 000

12, 962, 00025,623 00014, 527,000

12,418,00093,806,00017, 532,0009,128,000C, 499,00015,692,0007,112,00016,477,000132,302,000

11,953,00025,302,00019,371,00017,129,000

61,935,00025,778,0005,433,00017,547,0007,085,000

20, 871,0009, 862,0007,198, 0008, 007, 00017, 714, 0006, 655,0006, 653,00019,821,00012, 576, 00014,447,000



Name and location of bank


American Exchange-Pacific National Bank of New York...First National Bank of AlbanyWest Branch National Bank of WilliamsportCitizens National Bank & Trust Co. of CincinnatiFifth-third National Bank of CincinnatiMerchants & Manufacturers National Bank of NewarkCommercial National Trust & Savings Bank of Los Angeles.Griswold National Bank of DetroitAmerican National Bank of Newark __Franklin National Bank in New York

Year ended October SI, 1928

Union National Bank of Philadelphia._„ ...—»->.-City National Bank of Holyoke „National Bank of Commerce in Chicago.National Bank of Commerce in PhiladelphiaHamilton National Bank of New YorkBronx National Bank of the City of New YorkFirst National Bank of Bangor „ _.Liberty National Bank of CovingtonFirst National Bank in Columbus—_Massasoit-Pocasset National Bank of Fall River ___United Capitol National Bank & Trust Co. of New YorkFlushing National Bank, FlushingNational Bank of RochesterBroad Street National Bank of PhiladelphiaNational Bank of North PhiladelphiaNational City Bank of Los Angeles

Year ended Oct. 31, i

First National Bank of BrooklynSeventh National Bank of New York.—American National Bank of RichmondMerchants National Trust & Savings Bank of Los Angeles. _Northern National Bank of PhiladelphiaNational Union Bank of Maryland at Baltimore -Mercantile National Bank in Dallas . - . . „First National Bank of Long BeachNational Bank of Commerce in New YorkFirst National Trust & Savings Bank of WhittierBloomfield National Bank, BloomfieldOld National Bank of Grand RapidsHanover National Bank of the City of New York.,Third National Bank of SyracuseLiberty National Bank & Trust Co. of SyracuseChemical National Bank of New YorkChapman National Bank of PortlandLouisville National Bank & Trust Co,, LouisvilleMerchants National Bank of Detroit _..Arcadia National Bank & Trust Co. of Newark. .Seaboard National Bank of the City of New YorkMerchants-Laclede National Bank of St. LouisState National Bank of St. LouisTenth National Bank of PhiladelphiaCommunity National Bank of Buffalo..... _Fordham National Bank in New Y o r k . . . . . . *.___Thamet National Bank, Norwich „_Norwood National BankCity National Bank of San AntonioNational City Bank of Akron _National Bank of Niagara & Trust Co., Niagara FallsCitizens National Bank of Raliegh.Murchison National Bank of WilmingtonAmerican National Bank & Trust Co. of Greensboro _City National Bank & Trust Co. of Bridgeport

State

New York.,.do -

Pennsylvania.Ohio

do-New Jersey. . .CaliforniaMichiganNew Jersey. . .New York

Pennsylvania..Massachusetts.Illinois..Pennsylvania..New Y o r k . . . . .

doMaineKentucky..Ohio.Massachusetts.New York

do. . . „. . . . doPennsylvania-.

doCalifornia

New York..—doVirginiaCaliforniaPennsylvania...MarylandTexas .CaliforniaNew YorkCaliforniaNew JerseyMichiganNew York

do_.dodo

MaineKentucky..Michigan.New York. . . . .doMissouri

do-Pennsylvania...New York

do-ConnecticutOhioTexasOhio-New YorkNorth Carolina.. . . . .do

Connecticut.

Capital

$7, 500, 000600, 000500,000

2,000, 0003, 000, 0001. 350, 0002, 000, 0002, 000, 000

500, 000800,000

1,000,000500,000800, 000500,000

1, 500, 000300,000400,000350,000500,000650, 000

5, 000,000200,000

1,200, 000500,000700, 000

1,000, 000

1,000,0001,500,0002,000.0004,000,000400,000

1,000, 0001,000, 000200,000

25,000, 000250,000300,000800,000

10,000, 000300,000400,000

6,000,000400,000750,000

2,000,000200,000

11,000, 0001, 700, 0002,000, 0001,000, 0001,000,000500,000

1, 000, 000200,000

1,000,0001,000,0001,200,000750,000

1,000,0001,000,0001,000,000

Resources

$264,212,00015,154,0009, 657,000

20, 330,00053, 527, 00020, 458,00025,116,00022, 733, 00017, 662,0007, 263,000

23, 044, 0005, 893,0007, 717,00010,732,00019,216,000 i9,986,000 i8,308,000 :5,676, 000 i14,071, 0006,752,000 ]53,144,000 =5,070, 000

22,558, 000 !12, 293, 000 ;6,872, 00010, 898, 000

23,025,00014, 524, 00021,774,000164,645,00010,256,00011,052,00013,950,0006,916, 000

684,456,0005,639,0007,457,00016,666,000209,026,0005, 508,0005,002,000

233,708,0009,750, 00014,679,00026,780,0005,666,000

286,954,00023,751,00021.667,00010,746,00023, 596,0005,616,0005,218,0005,157,00014,040,00015,461,00013,492,0008,679,00012, 285,00011,297,00018, 351,000

Recapitulation by years

192019211922192319241925

Number

5156

1294

Capital

$6,900,00024,975,0005,200,000

24,950,00016, 700,0004,700,000

Resources

$112, 562,000538,978,000137,380,000500, 794,000310,956,00073,755,000

19261927..19281929

T o t a l -

Number

15101635

127

Capital

$13,450,00020,250,00015,100,00082,850,000

215,075,000

Resources

$241,582,000456,112,000222,230,000

1,966, 789,000

4, 561,148, 000

79003°—30 2Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Many smaller national banks during this period also relinquishedtheir charters to go into the State system, but the foregoing list includesonly banks of the metropolitan class.

Following the approval of the McFadden Act (act of February 25,1927) several large State banks were converted into national banks,but this gain has been far more than offset by the recent great loss ofnational charters. Boards of directors of banks and their stockholders,in giving consideration to the question of whether the corporationshould operate under the national or the State charter, are not movedby questions of sentiment or patriotism. The fact that a nationalbank is an instrumentality of the Federal Government designed tofulfill* certain public purposes does not seem to be considered anoperating advantage to the bank. The corporation must in the natureoi the case be moved almost solely by consideration of the most profit-able use of the capital invested in the enterprise. In other words,the question of the choice of charter presents to the corporation abusiness proposition. In the history of banking in the United Statessince 1863 banking corporations have switched from State to nationaland from national to State charters as the business advantages laywith the one or the other. From the standpoint therefore of theoperating banker the grant of the wider branch banking powers tonational banks would be considered by him as an invitation to enlargethe sphere of his business operations to the greater advantage of hisstockholders.

The Government of the United States, as distinguished from thenational banking corporation, would be concerned primarily with thequestion of strengthening the national banks as Federal instrumen-talities and with the establishment of a sound system of bankingthroughout the United States. Under the existing trend with theoperating advantage in favor of the State banks the development isin the direction of 48 separate and distinct systems of commercialbanking each under the supervision, control, and direction of aseparate State government with a corresponding disappearance ofthe national banks from the field.

It has been said that this situation does not present any cause forconcern for the reason that the Federal reserve system which embracesState banks in its membership has made the national banking systemunnecessary. The Federal reserve act, however, did not set up asystem of banks in the United States. It did set up a system of co-ordination of bank reserves and a flexible currency, which operateadvantageously for all banks. The approach to equalization be-tween the State and national banks afforded by the Federal reservesystem does not involve a rearrangement of charter powers but anextension of the privileges tod the benefits of the Federal system toState chartered banks. If therefore, in addition to these privilegeswhich they derive from the Federal Government, they secure fromtheir respective legislatures charter powers giving them certainoperating advantages over national banks, the Federal reservesystem thus becomes indirectly the means of forcing national banksto take out State charters.

The announced legislative policy of the so-called McFadden BankAct of February 25, 1927, was parity between the national and Statesystems. The purpose of the bill was to make the charter powers of


KEPOKT OF THE COMPTROLLER OF THE CURRENCY 9

national banks approximately equal in operating advantage tothose of the State banks. Nearly three years of operation under thatact has demonstrated that it has failed of its purpose in this respect.

The theory of parity between the two systems of banks is, in myopinion, economically unsound. Commerce is interstate and isrecognized by the Constitution of the United States as being funda-mentally a national question. One of the primary purposes of thenational bank act of 1863 was to establish a sound and uniform systemof commercial banking throughout the country in order that com-mercial transactions growing out of the production, the manufacture,and the transportation of goods and commodities from one sectionof the country to the other might not be hampered by local bankinglegislation but should have access to a system of banks operatingunder Federal authority and supervision under a single set of rulesand regulations and statutory enactments in order that the free flowof commerce should not be embarrassed by a multiplicity of restric-tions having their origin in local political conditions.

The proposal for the extension of branch banking which is heremade would have the direct effect of establishing a strong system ofbanks in the rural districts and indirectly it would lead to the gradualrestoration of the national banks as the primary system of commercialbanking in the country.

While it would seem to be to the interest of the local bank holdingcompanies to convert their groups of banks into branches after theenactment of legislation as above outlined, there might possibly stillremain in operation some of these local companies and some of awider regional operation. In view of the fact that such companiesare outside of all jurisdiction of the Federal Government and thatthey would be in a position to dictate the policies and .operations ofsuch national banks as they controlled through stock ownership,I further recommend to the^ Congress an amendment to the nationalbanking laws which will bring the operations of such bank holdingcompanies under some degree of Federal supervision where they ownthe majority of the stock of more than one national bank and afurther amendment to safeguard the additional shareholders' liabilitywhich each such bank holding company incurs through the ownershipof the shares of national-bank stock.

Under the present law it is necessary for a national bank, in orderto exercise fiduciary powers, to obtain a permit from the FederalReserve Board. The trust department of a national bank is develop-ing into one of the most important branches of its business. Trustcompanies exercise their fiduciary powers by direct grant of charterpower from State legislatures; national banks should have a similargrant from Congress.

I, therefore, recommend that the law be so amended as to providethat the exercise of fiduciary powers shall be one of the corporatepowers of a national banking association subject to the existinglimitations in regard to State law, etc., now contained in paragraph(k) of section 11 of the Federal reserve act.

I renew the recommendation made in my annual report to theSeventieth Congress that the law be amended to give the comptrollersupervision over the national banking associations going into volun-tary liquidation. Under the present law, the comptroller's authority


1 0 REPORT OF THE COMPTROLLER OF THE CURRENCY

is limited to the appointment of a receiver, provided a bank inliquidation should prove to be insolvent. The reports of the liqui-dating agent are not required under the law, although they arefrequently furnished voluntarily. At present the liquidation of anational bank may be carried on for a period of time and later proveto be insolvent, necessitating the appointment of a receiver. Credi-tors who have been settled with prior to such appointment may thusobtain preference over other creditors. It is believed that it wouldbe a step forward if the liquidating agent of a national bank weremade subject to the comptroller; be required to give bond and torender reports in the same manner as is required of a receiver untilthe affairs of a liquidating bank are finally closed.

It is again recommended that a law be enacted making it a criminaloffense to maliciously or with intent to deceive, make, publish, orcirculate any false report concerning any national bank or any othermember of the Federal reserve system which imputes insolvency orunsound financial condition, or which may tend to cause a generalwithdrawal of deposits from such bank or may otherwise injure thebusiness or good will of such bank.

Amendments to the laws of the District of Columbia

I renew the recommendations made to the Seventieth Congressthat the following laws be enacted:

1. Giving the comptroller the right and power to make regulationsgoverning savings banks or trust companies doing a banking businessin the District of Columbia with a penal provision for the enforce-ment of such regulation; the regulations to be limited so that theyshall not in any case place restrictions upon such banks which arenot placed upon national banks.

2. Prohibiting the use of the word "bank" or the words "trustcompany" by any firm, copartnership, company, or corporationdoing business in the District of Columbia and not doing a bankingor fiduciary business under the supervision of the Comptroller of theCurrency and providing in the event such title shall be used by afirm, copartnership, company, or corporation doing a banking orfiduciary business, it shall be subject to the approval of the Comp-troller of the Currency.

3. The corporations with their principal place of business outsideof the District of Columbia may not establish offices in the Districtof Columbia and do a fiduciary business without the permission ofthe Comptroller of the Currency and without complying with thegeneral conditions of the corporation laws of the District whichhave been enacted for the protection of those who do business withcorporations with their principal place of business in the District.

While the building and loan associations in the District of Columbiaare examined and supervised by the Comptroller of the Currency,there is no provision of law which prohibits any building and loanassociation from organizing and doing business in the District ofColumbia regardless of its merits. I recommend that a law be passedwhich would prohibit any building and loan association from doingbusiness in the District of Columbia or maintaining an office in theDistrict of Columbia without first securing the approval of theComptroller of the Currency and that any violation shall constitute


REPOBT OF THE COMPTROLLER, OP THE CURRENCY 11

a penal offense and be punishable in the same manner as now providedby the act of April 26, 1922, entitled " An act regulating corporationsdoing a banking business in the District of Columbia.77

BRANCHES

In the comptroller's report for the year ended October 31, 1927,the statement was made that under the provisions of the act ofFebruary 25, 1927, the Comptroller of the Currency had approvedthe establishment of new city branches to the number of 127. Inthe year following 103 new city branches were authorized and duringthe year ended October 31, 1929, the number authorized was 89.Of the 319 local branches authorized by the comptroller 75 have beendiscontinued leaving the total of city branches now in operationauthorized by the comptroller under the provisions of the McFaddenAct as 244.

During the past year 2 branches were added to the system throughthe conversion of a State bank and 82 branches were added throughthe consolidation of State banks with national banks. These addi-tions, together with those branches in the system under date ofOctober 31,1927, less 104 branches dropped through action of directorsand shareholders or liquidation of national banks makes a total of1,061 branches in existence in the national banking system as ofOctober 31, 1929, summarized as follows:

Classes

Statutory-!Âdditional offices, c branchesMillspaw Act0 branches

Totals

Inopera-tionFeb.

25,1927

165

2025

372

Inexist-enceOct.

31,1928

469162168

6187

992

Author-ized

duringyear

endedOct.

31,1929

282

89

173

Closed during the year endedOct. 31,1929

Share-holders

1

1

Direc-tors

1

5

6

Lapsed

I10

11

Volun-tary

liqui-dation

44

25

17

86

Totalin

exist-enceOct.

31,1929

427243142

6244

1,061



Table showing number and manner of acquisition of branches of national banks dur-ing the year ended October SI, 1929

Char-terNo.

Title and location

Branches authorized duringthe year ended Oct. 31,1929

Undaeract Feb.25, 1927

By con-versionor by

consoli-dationunder

act Feb.25, 1927

Totalnumber

3728

592735381254524917632

34255046

504515599617

S550

200322643

119035155

75891052787038148

374118299123709

1495337

1319313292

237010778130279955

128921326012900

6581461

1103413045

653

ARIZONA

First National Bank of Arizona at Phoenix

CALIFORNIA

Citizens National Trust & Savings Bank of Los AngelesMerchants National Trust and Savings Bank, Los Angeles.Seaboard National Bank of Los AngelesSecurity-First National Bank of Los AngelesUnited States National Bank of Los Angeles

DISTRICT OF COLUMBIA

National Bank of WashingtonRiggs National Bank of Washington.

Fourth National Bank of Atlanta.Atlanta and Lowry National Bank, Atlanta-Fulton National Bank of Atlanta.

HAWAII

Bishop First National Bank of Honolulu...

MASSACHUSETTS

First National Bank of Boston.Second National Bank of BostonAtlantic National Bank of Boston...Boston National BankNational Shawmut Bank of Boston.

MICHIGAN

Old-Merchants National Bank and Trust Co. of Battle Creek.First National Bank in DetroitNational Bank of Commerce of DetroitCapital National Bank of Lansing

NEW JERSEY

First National Bank of Jersey City _Hudson County National Bank, Jersey City ._New Jersey NationalBank & Trust Co. of Newark.Broad Street National Bank of Trenton

NEW YORK

First National Bank & Trust Co. of Elmira ,Merchants National Bank and Trust Co. of ElmiraBank of America National Association, New YorkBrooklyn National Bank of New York _ ,Chase National Bank of the City of New YorkChatham Phenix National Bank & Trust Co., New York.Claremont National Bank of New York _Harriman National Bank and Trust Co. of New YorkLafayette National Bank of Brooklyn in New YorkLefcourt National Bank and Trust Co. of New YorkMelrose National Bank of New York _ ,Nassau National Bank of Brooklyn in New York ,National City Bank of New YorkPublic National Bank & Trust Co. of New YorkSeward National Bank and Trust Co. of New York ,First National Bank & Trust Co. of Yonkers

16


EBPORT OF THE COMPTKOLLEB OF THE CUBBENCY 13Table showing number and manner of acquisition of branches of national banks dur-

ing the year ended October 81, 1929—Continued

Char-terNo.

32

352723

131803604542

1606784813349

Title and location

OHIO

Second National Bank of Cincinnati.

PENNSYLVANIA

Sixth National Bank of Philadelphia . .-».Central National Bank of PhiladelphiaCity National Bank & Trust Co. of PhiladelphiaCommercial National Bank and Trust Co. of Philadelphia-...Corn Exchange National Bank and Trust Co., Philadelphia.,

TENNESSEE

First National Bank of ChattanoogaHamilton National Bank of ChattanoogaUnion Planters National Bank & Trust Co. of Memphis

WISCONSIN

First Wisconsin National Bank of Milwaukee

Totals

Branches authorized duringthe year ended Oct. 31,1929

Underact Feb.25,1927

By con-version

or byconsoli-dationunder

act Feb.25, 1927

84

Totalnumber

3111

10

2

173

Table showing number and class of branches of national banks closed during the yearended October 31, 1929

Char-ter

No.Title and location Manner of closing

Branches closed

Branches underact of Feb. 25, 1927

Addi-tionalofficeswhich

becamebranchesFeb. 25,

1927

Branchesauthor-

izedsince

Feb. 25,1927

Statebank

branchesin oper-

ationFeb. 25,

1927,which

were con-vertedor con-

solidated

Total

3538

2491

1928

5161

37412255

CALIFORNIA

Merchants National Trust andSavings Bank of Los Angeles.

Security-First National Bank ofLos Angeles.


Farmers & Merchants NationalBank of Washington.

Louisville National Bank andTrust Co., Louisville.

NEW JERSEY

First National Bank of Jersey City.Journal Square National Bank of

Jersey City*

Voluntary liquidation.

1 board of directorsand 1 resolution ofshareholders and 2lapsed.

Lapsed-


ReissuedBoard of directors..

2 ! 36

4



Table showing number and class of branches of national banks closed during the yearended October 81, 1929—Continued

Char-terNo.

Title and location Manner of closing

Branches closed

Branches underact of Feb. 25, 1927

Addi-tionalofficeswhich

becamebranchesFeb. 25,

1927

Branchesauthor-

izedsince

Feb. 25,1927

Statebank

branchesin oper-

ationFeb. 25,

1927,which

were con-vertedor con-

solidated

Total

11768

5137

923

11844

2370

1499

1352

9955

658

733

146112123

12284

12122

10112

1766

3423

11476

4192

1606

150

6229

NEW YORK

Community National Bank ofBuffalo.

Merchants National Bank andTrust'Co. of Elmira.

First National Bank of Brooklyn,New York.

Seventh National Bank of NewYork.

Chase National Bank of the Cityof New York.

Chemical National Bank of NewYork.

Hanover National Bank of theCity of New York.

Harriman National Bank andTrust Co. of New York.

Nassau National Bank of Brook-lyn in New York.

National Bank of Commerce inNew York.

National City Bank of New York.Seaboard National Bank of the

City of New York.National Bank of Niagara and

1 Trust Co. of Niagara Falls.Liberty National Bank and

Trust Co. of Syracuse.

NORTH CAROLINA

American National Bank andTrust Co, of Greensboro.

Citizens National Bank of Raleigh.

PENNSYLVANIA

Tenth National Bank of Phila-delphia.

Commercial National Bank andTrust Co. of Philadelphia.

Drovers and Merchants NationalBank of Philadelphia.

Northern National Bank of Phila-delphia.

TENNESSEE

First National Bank of Chatta-nooga.

Fourth and First National Bankof Nashville.

VIRGINIA

American National Bank of Rich-mond.

Total (29 banks)


Lapsed


do

Reissued


do

Board of directors—

Reissued


ReissuedVoluntary liquidation.

,-do.

do

do

Board of directors..

Voluntary liquidation

Board of directors

Voluntary liquidation

do

Reissued

Board of directors..


10

26 45 104


REPORT OF THE COMPTROLLER OF THE CURRENCY 1 5

ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS

There were 7,506 national banking associations in existence at theclose of the current year, October 31, 1929. This number was lessby 201, or 2.67 per cent, than the number in existence at the close ofthe preceding year on October 31, 1928. The decrease in aggregateresources as evidenced by the last call, October 4, 1929, comparedwith aggregate resources on October 3, 1928, was $1,001,170,000, orabout 3.58 per cent.

This office has during the past year continued to exercise its policyof extreme care in granting charters for national banks, based primarilyon the needs of the community for additional banking facilities.

During the current year 42.43 per cent of the number of applicationsreceived for the establishment of new national banks were approved,as compared with 39.6 per cent the previous like period, 44 per centthe year prior thereto, and 52 per cent the year 1926.

In other words, despite the fact that the number of applicationsreceived remains about the same, the number approved by this officeis constantly becoming smaller and in the current year a less number ofapplications was approved than has been approved any year duringthe past 12-year period, except last year when the number approvedwas 103 against 129 for the current year.

Up to and including October 31, 1929, there have been authorizedto begin business 13,390 national banking associations, of which 4,643were voluntarily closed to discontinue business or amalgamate withother banks, State or National, including those consolidated withother national banking associations under authority of the act ofNovember 7, 1918. Exclusive of banks which failed but were sub-sequently restored to solvency, the loss to the system by banksliquidated through receiverships was 1,241, the number of thesereceiverships being a fraction less than 9.26 per cent of the totalnumber of banks organized.

In November, 1914, there were in existence 7,578 national bankswith capital of $1,072,492,175. Since that date the net decrease inthe number of banks was 72, but there was an increase in capitalof $613,759,490. The capital of the banks in existence on October31, 1929, was $1,686,251,665. In this 15-year period 2,738 bankswere chartered with capital of $354,630,300. During this period,however, 2,810 associations were closed voluntarily or otherwise.

Applications to organize national banks and to convert State banksinto national banking associations were received in the current yearto the number of 304, with proposed capital stock of $68,880,000. Ofthe applications pending 129 were approved with proposed capitalstock of $26,690,000, 120 rejected with proposed capital stock of$34,955,000, and 50 abandoned with proposed capital stock of$6,630,000. National banking associations to the number of 141,with capital of $38,195,000, were authorized to begin business, ofwhich 5 were located in the New England States, 32 in the Eastern,31 in the Southern, 31 in the Middle Western, 22 in the Western,and 20 in the Pacific States. The greatest activity as indicated bythe number of banks organized was in the following States: NewYork, 21 banks; Texas, 11; California, 10; Florida, 9; Minnesota, 7;Illinois, 6; Nebraska, 6; Missouri, 6; North Dakota, 6; New Jersey,5; Pennsylvania, 5; Massachusetts, 4; Washington, 4; and South


1 6 REPOBT OF THE COMPTROLLER OF THE CURRENCY

Dakota, 4. In other States the number ranged from 1 to 3 banks.I t further appears that of the total number of charters issued, 23,with authorized capital of $7,620,000 and resources aggregating ap-proximately $98,216,821, were the result of conversions of Statebanks—4, with capital of $375,000, reorganizations of State banks,and 114, with capital of $30,200,000, primary organizations. Thebusiness of 16 State banks with capital of $1,002,500 and assetsaggregating approximately $14,001,432 was purchased by nationalbanks. Conversion of 1 State bank into a national associationbrought into the system 2 branches.

In the year in question 96 national banking associations wereconsolidated into 46 under authority of the act of November 7, 1918,the capital of the consolidated banks being $291,864,075. In someinstances there were reductions in capital and in others increases, butthe net result by reason of consolidations was an increase in capitalstock of $66,856,883.

During the current year there were 34 consolidations under the actof February 25,1927, authorizing the consolidation of 35 State bankswith national banks—the aggregate capital of the consolidating Statebanks being $43,055,000. These banks also brought 82 branches intothe national system and assets aggregating approximately $841,146,433.

The voluntary liquidation of 221 associations represented a capitalof $98,267,500, while the capital of the 79 insolvent banks was$6,575,000. The net result of the changes hereinbefore mentionedwas a decrease for the year in the number of existing banks by 201,but there was an increase in authorized capital stock of $66,662,550.It appears that during the year 335 banks increased their capital inthe aggregate sum of $181,730,125. Of this number 80 banks effectedthe increase by stock dividends, the amount of the increase in thismanner being $20,793,750.

Of the 221 banks reported in voluntary liquidation, 75, with capitalof $6,415,000, were acquired by other national banks, 139, withcapital of $91,672,500 and resources of $2,022,391,164, entered theState banking system, and 7, with capital of $180,000 and resources of$1,010,031, quit business.

NATIONAL BANKS IN THE TRUST FIELD

The development of trust operations by national banks wasevidenced by continued and substantial progress throughout theNation during the past year. The statistics for this function com-piled as of June 29, 1929, revealed that 2,442 national banks hadreceived authority to exercise trust powers, with a combined capitalof $1,218,049,515, representing 32.4 per cent of the number and74.8 per cent of the capital of all banks in the national bankingsystem.

Trust departments had been established by 1,734 of these banksand 75,988 trusts were being administered with individual trustassets aggregating $4,237,648,663. Seven hundred and thirty-six ofthese banks were also acting as trustees for bond and note issuesaggregating $7,370,154,456.

Compared with October 3, 1928, these figures represent a net in-crease in the number of national banks authorized to administertrusts under section 11 (k) of the Federal reserve act of 69, or 2.91


REPOET OF THE COMPTROLLER OF THE CURRENCY 1 7

per cent; an increase in the number operating trust departments of149, or 9.40 per cent; an increase in the number of trusts beingadministered of 12,212, or 19.15 per cent, and an increase in individualtrust assets of $940,338,544, or 28.52 per cent.

The growth in the fiduciary activities of the banks in the nationalbanking system and the increasing popularity with the public of thisimportant department of national bank operations are even moreimpressive when comparisons are made with the activities of nationalbanks in this field just three years ago. In June, 1926, nationalbanks numbering 2,026 had authority to exercise trust powers, with1,104 actively engaged in administering trusts. These banks werethen acting in a fiduciary capacity for 26,053 trusts, with individualtrust assets of $922,328,677, and were acting as trustees for bondand note issues aggregating $2,463,553,316. The figures compiledas of June 29, 1929, represent for the 3-year period an increasein the number of national banks authorised to administer trustsof 416, or 20.53 per cent; an increase in the number of banks oper-ating trust departments of 630, or 57.07 per cent; an increase inthe number of trusts being administered of 49,935, or 191.67 percent; an increase in individual trust assets of $3,315,319,986, or359.45 per cent; and an increase in the volume of bond and noteissues outstanding for which these banks were acting as trustees of$4,906,601,140, pr 199.17 per cent.

As the activities of national banks have grown, so have the earningsthat these banks have reported from this source. For the fiscal yearended June 30, 1929, trust department gross earnings aggregating$20,583,000 were reported, as compared with $16,165,000 in 1928,$10,811,000 in 1927, and $8,255,000 in 1926. ^

Another phase of fiduciary activity which is gaining in popularityis the creation of insurance trusts. While the administration of thistype of trust is a comparatively recent development in national banktrust departments, yet on June 29, 1929, 118 national banks wereadministering 271 insurance trusts representing the proceeds of insur-ance policies aggregating $11,384,632. Some indication of the placethis type of trust will make for itself in the future operations of na-tional banks is evidenced by the fact that 558 trust departments nowhold 9,505 trust agreements which name those banks trustees in thefuture of the proceeds of insurance policies with a present face valueof $375,524,409, an amount aggregating more than one-third of thetotal individual trust assets under administration in 1926 by the 1,104national bank trust departments then in operation.

National banks with authority to exercise trust powers have showncontinued interest in the privilege afforded them to include the words"trust company" in their titles. While only 101 were operating withtrust in their names in 1927, the number has increased to 302 sincethat time, and this method of informing the public of their authorityto engage in trust functions is becoming general in many sections ofthe Nation.

A recent analysis developed that of the 7,536 national banks inoperation, 2,442, or 32.4 per cent, had authority to exercise trustpowers; 2,839, or 37.7 per cent, had capital sufficient to entitle themto apply for permission to exercise trust powers under section 11 (k)of the Federal reserve act, and 2,255, or 29.9 per cent, were ineligible



to receive permission to engage in trust operations because theircapital was less than that required by the laws of the States in whichthey were located for competing State institutions to receive likepowers.

The accompanying recapitulation segregates national banks intosix classes according to capital and gives detailed information relatingto their fiduciary activities, following which is a table showing con-solidated figures by Federal reserve districts.


Fiduciary activities of national banks in 1929 segregated according to capital

Total

Number of national banks administering trustsCombined capital of national banks administering

trusts ($1,

ASSETS

InvestmentsDeposits in savings banksDeposits in other banksDeposits in own banksOther assets

1,734

',615

Total.

LIABILITIES

Private trust accountsPrivate trust accounts, incomeCourt trusts (executor, etc.)Court trusts (executor, etc.) income.Other liabilities

Total..

Trustee for bond issues.Individual trusts being administeredCorporate trusts being administeredNumber of national banks administering insurance

trustsNumber of insurance trusts being administered (in-

cluded in private trust totals) '____Volume of assets represented by insurance trusts being

administered (included in private trust totals)Number of banks holding insurance trust agreements

not yet operativeNumber of insurance trusts for which banks have been

named trustees but which have not yet become op-erative (not included in private trust totals)

Pace value of insurance policies held under aboveagreements (not included in private trust totals)

3, 506, 744, 2308, 522,124

18,035, 531210, 541, 642493, 805,136

4, 237,648, 663

2, 404, 561, 30618,947, 833

856,009,16216, 246,143

941,884, 219

Bankswith

capitalof $25,000

25

$625, 000

Percent

1.44

.06

212, 28630,1623,922

97, 68534, 604

378, 659

15, 314630

313, 49321, 72427, 498

.01

.35

.02

.05

.01

.01

.14

4, 237, 648, 6631 378, 659 .01

Bankswith capi-

tal over$25,000 to

$50,000

109

$5, 315,000

5, 208, 52828, 025

270,148973, 267338, 877

6,818,845

2,136, 63828,137

3, 458, 58977, \ " '

1,117, 485

6, 818, 845

Percent

6.29 418

52 $40, 690, 000

.15

.331.50.46.0 '

.16

.15

.40

.48

.12

7,370,154,456!

66, 776J9,212

118

271

$11,384, 632

558

9,505

$375,524,409

69,003' 3,446,95l| .051

Bankswith capi-

tal over$50,000 to$100,000

31, 548,125829, 629103, 480

4, 452, 272|

Percent

.909.73

.572.12

3, 206, 948j . 65

40,140,454! . 95

14, 507,963167,018

20, 890, 297453, 676

4.121, 5001

40,140, 454| . 95

2.442.79.44

33,195, 8951 .45

104, 652,034; z. y;1.171,870! 13. 7i1, 008, 506J 5. 597, 650,167! 3. 638. 651, 910) 1. 75

123,134,48',

51, 769, 8821. 014,189

57, 532, 3971, 574, 821

11, 243,198

123, 134, 487

57, 561, 743

.0265047

16

$403,338

77\~.51

1.08

.17

.11

3,983383

7

10

$194,599

47

512

$3,023,270

5.97|4.16

5.93

3.69

1.71

8.42

5.39

.80

10, 96:86(

23

50

$939,349

121

861

$19,324, 484

2.90

2.155.356.729.691.19

2.90

.78

16.429.40

19.49

18.45

8.25

21.68

9.06

5.15

337, 957, 0171, 676, 8372, 329, 888

13, 917, 52730,214, 652

I. 64 3,19.6812. 926.616.12

386,095, 9211

Banks withcapital over

$500,000

248

;749,130, 300

1,027,166, 2404, 785, 601

14, 319, 58"183, 450, 724451, 358,145

191,635, 7523, 357, 530

135, 694, 2753, 057, 850

52, 350, 514

386, 095, 921

9.11 3, 681,080, 297

7.9717.7215. 8518.825. 56

219,093,176 2.S

2,144, 495, 75'14. 380, 329>38,120, 11111, 060, 07673,024,024

9.113,681,080,29:

\ 056, 787, 688

14, 7561,479

3:

75

$2, 095,917

192

1,778

$66, 765,693

22.1016. 00

27.12

27.68

18. 41

34.41

18.70

17.78

36, 3526, 435

56

136

$8,154, 767

192

6,338

$286, 007,624

Percent

14.30

72.82

86.3256.1679.4087.1391.40

:6. 87

89.1975.9074.5568.0892.69

86.87

54.44

69.85

47.46

50.18

71.63

34.41

76.16


Fiduciary activities of national banks in 1929 segregated according to capital—Continued

TotalBankswith

capitalof $25,000

Percent

Bankswith capi-tal over

$25,000 to$50,000

Percent

Bankswith capi-tal over

$50,000 to$100,000

Percent

Banks withcapital over$100,000 to

$200,000

Percent

Banks withcapital over$200,000 to

$500,000

70

$25,542, 500

475

&170, 022,985

128

83

Percent

9.89

13.49

19.45

13.96

4.51

27.48

Banks withcapital over

$500,000Percent

Number of national banks authorized to exercise fidu-ciary powers but not administering trusts

Combined capital of national banks authorized to ex-ercise fiduciary powers but not administering trusts.

Total number of national banks authorized to exercisefiduciary powers

Combined capital of national banks authorized to ex-ercise fiduciary powers

Number of national banks having sufficient capital toapply for permission to exercise fiduciary powers atbeginning of 1929 .

National banks having authority to exercise fiduciarypowers which have amended their titles to includethe words "trust company" Oct. 15,1929

708

$189,361,900 $1,175,

2,442

$1, 218,049,515 $1

47

i,000

72

800,000

6.64

.62

2.95

152

$7, 325, 000

261

15 $12, 640, 000

21.47 253

3. 87 $24,152, 000

671

04 $64,842, 000

10.69

1.

35.73

12.75

27.48

5.

141

$24, 465, 400

670

32 $112, 912, 230

302

20.64

.66

972

5

34.24

1.

778

58

27.40

19.21

320

97

19.91

12.92

27.43

9.

11.27

32.12

45

$106,702,000

293

$855,832,300

55

57

6.36

56.35

12.00

70.26

1.94

18.87


Fiduciary activities of national banks by Federal reserve districts as of June 29, 1929

Federal reserve districts

BostonNew York....Philadelphia..Cleveland^RichmondAtlantaChicagoSt. LouisMinneapolis..Kansas City..Dallas{San Francisco

Total...

Numberauthor-ized toexercise

fiduciary-powers

231362290159193146386151109198101118

2,442

Numberexercis-

ing fidu-ciary

powers

1662742441301469627099481076094

1,734

Numberof indivi-

dualtrustsbeing

adminis-tered

4,5848,780

10,1786,7543,5973,0399,2192,115

9783,838

81812,876

68,776

Assets ofindividual

trusts

$287,264,3241,226', 979,151176,954,884234,267,293198,306,728134,388,716646, 270,95951,741,79636,678,949254,479,12395, 225,575895,091,165

4, 237,648,663

Numberof cor-poratetrustsbeing

adminis-tered

4562,227

379814278547

1,540325194535249

1,668

9,212

Bond issuesoutstandingwhere bank

acts astrustee

$440,646,0594,737,986,887

102,847,115156,461,300

94, 355; 216143,845,760800,122,06049,382? 79917,068,97180,943,39867,219,333

679, 275, 578

7,370,154,456

Numberof banksadminis-

teringinsur-ance

trusts

118

Numberof insur-

ancetrustsbeing

adminis-tered

271

I NumberVolume of j of banksassets of holding

insurance I insurancetrusts I trustunder agree-

adminis- mentstration not yet

operative

$2,625,9091,032,3442, 509,970

737,710311, 746778,496

1,820,14330,05141,261

562,37819,108

915,516

11,384,632

Numberof insur-

ancetrustagree-mentsnot yetopera-tive

8251,269678

1,125430636

1,27733582

1,020219

1.609

558 9,505

Face valueof insurancepolicies heldunder trustagreements

not yetoperative

$43,532,08780,175,74234,685,79252,051,26218,142,99023,556,15937,401,68613,415,7953,169,22514,594,2397,485,37947,314,053

375,524,409

Trust de-partmentgross earn-ings for fis-

cal yearending

June 30,1929

$1,877,0008,417,000846,000

1,074,000611, 000581,000

2, 211,000327,000115,000753,000348,000

3,423,000

20,583,000

C

o

o

O



NATIONAL BANK FAILURES

During the past year receivers were appointed for 79 nationalbanks. Of this number, 72 were failures and 7 appointments ofreceivers were made in order to enforce stock assessments necessaryto be paid under contract to succeeding institutions which purchaseathe assets of the bank, sold under a guarantee from stockholders,paying creditors in full. Of the 72 actual failures, two were restoredto solvency, leaving 70 to be liquidated by receivers. This compareswith 54 actual failures for the previous year, 2 of which were restoredto solvency, and the appointment of receivers for 7 banks to enforcestock assessments. The capitalization of the 79 banks, for whichreceivers were appointed during the past year, was $6,575,000, com-pared with the capitalization of the 61 banks, for which receiverswere appointed during the previous year, of $4,135,000.

The total of assets of the 79 banks for which receivers were ap-pointed during the past year, including additional assets acquiredafter suspension, was $62,612,500. Stock assessments in the amountof $5,440,000 had been levied as of September 30, 1929, by the comp-troller against the shareholders of these banks.

The records of the division of insolvent national banks of thecomptroller's office do not show as a failure the suspension of theFirst National Bank of Lagrange, Tex., with assets of $1,213,812.02.The suspension occurred April 30, 1929, and the bank remained inthe hands of an examiner in charge until May 20, 1929, on which dateit resumed business.

During the past year, two banks, each with assets of over$12,000,000, became insolvent, and receivers were appointed. Im-mediately arrangements were made with local institutions for thepurchase, at par and interest, of such of the assets of the failed banksas were considered acceptable to the purchasing bank. The resultswere that in the first institution 50 per cent was made immediatelyavailable to its creditors, and in the second 60 per cent was imme-diately paid, thus relieving the local financial situation at once.Since such sales of assets, funds have been accumulated for paymentof additional dividends of 25 per cent to the creditors of the first-mentioned bank who received a first dividend of 50 per cent, andfunds have been accumulated for payment of additional dividends of30 per cent to the creditors of the second-mentioned bank who re-ceived a first dividend of 60 per cent, thus assuring the payment of75 per cent and 90 per cent, respectively, to the creditors of thesebanks within 12 months after their failure. This new method ofliquidation has been followed in several smaller failures, and hasproved most effective in relieving at once the acute financial situa-tions which follow bank failures.

From the date of the first failure of a national bank in the year1865 to October 31, 1929, 1,313 national banks were placed in chargeof receivers. Of this number, 72 were restored to solvency and per-mitted to resume business, leaving 1,241 to be administered by re-ceivers. Of these so administered, 426 (26 less than reported at theclose of 1928) are still in process of liquidation and 815 have beenentirely liquidated and the trusts closed.

The capital of the 1,313 insolvent national banks at the date offailure was $143,670,420. The capital of the 72 banks that were



restored to solvency was $12,180,000. The capital of the 426 banksthat are still in receiverships is $32,524,500, and the capital of the815 banks that have been completely liquidated was $98,965,920.

The book value of the assets of the 1,241 administered receiver-ships, including assets acquired after suspension, aggregated $853,-993,969, in addition to which there were levied against shareholdersassessments aggregating $92,315,740. Total collections by receiversto September 30, 1929, from these assets, including offsets togetherwith collections from stock assessments, amounted to 56.01 per centof the total of such assets and stock assessments. The disposition ofsuch collections was as follows:Collections:

Collections from assets, including offsets $485, 442, 981Collections from stock assessments 44, 614, 817

Total . . 530, 057, 798

Disposition of collections:Dividends paid to creditors on claims proved aggregating

$464,838,227 279, 772, 948Payments to secured and preferred creditors, including offsets

allowed and payments for the protection of assets 200, 336, 130Payment of receivers' salaries, legal and other expenses. _„__ 33, 259, 329Cash returned to shareholders 4, 167, 798Cash balances with the comptroller and receivers 12, 521, 593

Total 530, 057, 798

In addition to this record of distribution there were returned toshareholders, through their duly elected agents, assets of a book valueof $16,211,624.

The 426 banks that were as of October 31, 1929, still in charge ofreceivers and in process of liquidation had assets, including assetsacquired subsequent to their failure, aggregating $339,517,557. Thecapital of these banks was $32,524,500, and there had been leviedby the Comptroller of the Currency to September 30, 1929, stockassessments against their shareholders in the amount of $28,924,500.The collections from these assets, including offsets together withcollections from stock assessments, amounted to 52.24 per cent ofsuch assets and stock assessments as shown by receivers' last quarterlyreports under date of September 30, 1929. The disposition of suchcollections was as follows:Collections:

Collections from assets, including offsets $178, 488, 168Collections from stock assessments - 13, 999, 442

Total 192, 487, 610



allowed and payments for the protection of assets 82, 323, 457Payment of receivers' salaries, legal and other expenses 10, 799, 475Cash returned to shareholders 350, 000Cash balances with comptroller and receivers 12, 521, 593

Total . . . . . 192, 487, 61079003°—30 3


24 BEPORT OF THE COMPTROLLER OF THE CURRENCY

From the date of the first failure of a national bank in 1865 to theclose of October 31, 1929, 887 receiverships were liquidated and thetrusts closed, or the affairs thereof restored to solvency. Included inthis number are the 72 banks restored to solvency (2 in 1929) and 103that were liquidated during the year 1929. These 815 banks hadassets, including assets acquired subsequent, to their failure, aggre-gating $514,476,412.^ The capital of these 815 banks was $98,9&5,92(>and there were levied by the Comptroller of the Currency stockassessments against their shareholders in the amount of $63,391 f240.The collections from these assets including offsets, together with col-lections from stock assessments as shown by receivers' final reports,amounted to 58.41 per cent of such assets and stock assessments.The disposition of such collections was as follows:Collections:

Collections from assets, including offsets $306, 954, 813Collections from stock assessments 30, 615, 375

Total -- 337, 570, 188


$275,449,496 193,279,863Payments ta secured and preferred creditors, including offsets

allowed and payments for the protection of assets 118, 012, 673Payment of receivers' salaries, legal and other expense 22, 459, 854Cash returned to shareholders 3, 817, 798

Total 337, 570, 188The average percentage of dividends paid on claims proved against

the 815 receiverships that have been finally closed, not including the72 restored to solvency, which paid creditors 100 per cent, was 70.19per cent. If offsets, loans paid, and other disbursements wereincluded in this calculation, the disbursements to creditors wouldshow an average of 79.13 per cent.

Expenses incident to the administration of the 815 closed trustssuch as receivers' salaries, legal and other expenses, amounted to$22,459>854, or 3.88 per cent of the book value of the assets and stockaissessments administered, or 6.65 per cent of collections from assetsand stock assessments. The assessments against shareholdersaveraged 64.05 per cent of their holdings and the total collectionsfrom such assessments as were levied were 48.2$ per cent of theamount assessed. The outstanding circulation of these closedreceiverships was $38,060,477,. secured by United States bonds ondeposit with the Treasurer of the United States of the par value of$40,506,920.

During the year ended October 31, 1929, 103 receiverships wereclosed in addition to which 2 banks were restored to solvency. Thetotal assets ol the 103 receiverships, including assets acquired sub-sequent to suspension, aggregated $44,924,790. The capital of thesebanks was. $5,225,000, and the total assessments against shareholderslevied by the Comptroller of the Currency aggregated $5,225,000.The collections from these assets including offsets, together withcollections from stock assessments as shown by receivers' finalreports, amounted to 54.72 per cent of such assets and stock assess-ments. The disposition of such collections was as follows:



Collections:Collections from assets, including offsets $24, 911, 473Collections from stock assessments . . 2, 532, 490

Total „ 27, 443, 963



allowed and payments for the protection of assets 12, 561, 313Payment of receivers' salaries, legal and other expenses __. 2, 224, 420Cash returned to shareholders _. 4, 400

Total 27, 443, 963The average percentage of dividends paid on claims proved against

the 103 receiverships that were finally closed in the year endingOctober 31, 1929, not including the 2 banks restored to solvencywhich paid creditors 100 per cent, was 49.2 per cent. If offsets, loanspaid, and other disbursements were included in this calculation, thepayment to creditors would show an average of 65.86 per cent.Expenses incident to the administration of these 103 trusts, such asreceivers' salaries, legal, and other expenses, amounted to $2,224,420,or 4.43 per cent of the book value of the assets and stock assessmentsadministered, or 8.1 per cent of collections from assets and stockassessments. The assessments against shareholders averaged 100per cent of their holdings and the total collections from such assess-ments as were levied were 48.46 per cent of the amount assessed.

The financial operations of the division of insolvent national banksfrom September 30, 1928, to September 30, 1929, were as follows:Collections:

Cash on hand Sept. 30, 1928 - $13, 158, 682Collections during the year, including offsets 46, 802, 886

Total - 59, 961, 568

Disposition of collections:Dividends paid-_„ 28, 939, 840Secured and preferred claims paid 15, 863, 280Expensespaid „ 2, 632, 455Returned to shareholders in cash 4, 400Cash on hand 12,521,593

Total - — _ 59, 961, 568



ItemsClosed re-

ceiverships,8151

Active re-ceiverships,

426Total, 1,241»

Total assets taken charge of by receiversDisposition of assets:

Collected from assets and offsets allowedLoss on assets compounded or sold under order of court_.Book value of assets returned to shareholdersBook value of remaining assets -

Total -

$514, 476,412

306,954,813191,309,97516,211,624

(2)

178,488,16845,049,709

115,979,680

485,442,981236,359,68416,211,624

115,979,680514,476,412 339,517,557 853,993,969

Collected from assets and offsets as above..C ollected from stock assessment

Total

306,954,81330,615,375

178,488,16813,999,442

485,442,98144,614,817

337, 570,188 192, 487,610 530,057,798Disposition of collections:

Dividends paid __ _Secured and preferred liabilities paid, including offsetsReceivers' salary, legal, and other expensesAmount returned to shareholders in cash _Balance with comptroller or receivers _

193,279,863118,012,67322,459, 8543,817,798

86,493,08582,323,45710,799,475

350,00012,521,593

279,772,948200,336,13033,259,3294,167,798

12,521,593Total.. 337,570,188 192,487,610

Capital stock at date of failure.. _United States bonds held at failure to secure circulating notes. _United States bonds held to secure circulation sold and circu-

lation redeemedCirculation outstanding at failure.—Amount of assessment upon shareholdersClaims proven _

! 111, 145,92040,506,920

40,506,92038,060,47763,391, 240

275,449,496

32, 524, 50017, 458,390

9,820,95016, 720, 99028,924, 500

189,388, 731

>143,670,42057,965,310

50,327,87054,781,46792,315,740

464,838,227

1 Does not include 72 banks restored to solvency.a Accounted for in final settlement with creditors or charged off as loss by order of court.* Includes capital stock of 72 banks restored to solvency.

Statistics relative to the capital, date of appointment of receiver,and per cent of dividends paid to creditors of 105 insolvent nationalbanks, the affairs of which were either closed or restored to solvencyduring the year ended October 31, 1929, appear in the following table:

Title Location Date receiverappointed Capital

Per centdivi-dendspaid to

creditors

National Bank of AbbevilleFirst National Bank _National Bank of AinsworthFirst National Bank

DoState National Bank of ArdmoreFirst National BankNational Bank of BarnesvilleFirst National Bank

DoDoDo

Peoples National BankFirst National Bank

DoDo

National Bank of CarlsbadFirst National Bank

DoDoDo

Commercial National Bank of Charles-ton.

First National BankCorydon National BankChase County National BankFirst National Bank

DoFirst National Bank of Las VegasFirst National BankNational Security Bank of FairfaxFarmers and Merchants National Bank.

Abbeville, S. CAdrian, MinnAinsworth, NebrAlexander, N. Dak___.Allendale, S. CArdmore, OklaBalaton, MinnBarnesville, OhioBarnwell, S. CBasin, WyoBeach, N. Dak..Beaver Creek, Minn.Bennetsville, S. CBridgewater, S. Dak.Buena Vista, GaBrandon, MinnCarlsbad, N. MexCarlyle, MontCarnegie, PaCarthage, S. DakCastlewood, S. Dak...Charleston, S. C

Feb.Aug.Feb.Apr.Dec.Mar.Feb.Nov.Dec.JuneJan.Sept.JulyJulyJan.Nov.Feb.Jan.MayFeb.Feb.Feb.

7,192516,192627,192915,19243,19244,192229,192814.19233,192414.192424,192420,192427,192618.192426.192511.19266.19247,192712,192512,192419,19247.1925

Clarkston, WashCorydon, IndCottonwood Falls, Kans .Creston, IowaDeap River, IowaEast Las Vegas, N. Mex.Fairfax, S. C

.do.Fairbury, Nebr.

Feb. 12,1924Mar. 8,1922Feb. 6,1928Dec. 12,1925Mar. 25,1926May 4,1925Apr. 1,1927Oct. 1,1926Mar. 15,1924

$75,00035,00035,00025,00050,000

200,00025,000100,00050,00035,00050,00030,00050,00025,00050,00025,000100,00025,000100,00025,00025,000200,000

50,000125,000100,00050,00025,000

200,00050,00025,00060,000

9253.5

11002619.749.2

«13.6754.133.975.53322.753335.572.24964.618.5

8 111. 583.918.431.927.8

83.575

1002 37.125

99.573.25

2 26.54254.7566.3

1 Restored to solvency.2 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.3 Principal and interest paid in full.



Title

First National BankDo_Do

First National Bank of GilmoreFirst National Bank

Do _.DoDoDoDo _.

Howard National BankFirst National Bank

DoDo

Citizens National BankFirst National BankLaurens National BankLehigh National BankFirst National Bank _.

Do_Do :Do

Llano National BankFirst National BankFarmers National Bank of Louisburg..First National BankNational Bank of LuverneFirst National BankWestern National BankFarmers National Bank of ManorFirst National Bank

DoDoDo -Do _Do

Neoga National BankFirst National BankFarmers National Bank of NewportFirst National Bank „..

D o . . . . .D o — . .

Osceola National BankPayette National Bank ._._First National Bank

DoFirst National Bank in PocahontasFirst National Bank __

Do_ _Do

Citizens National Bank of RoswellFirst National Bank

Do _ - .Do _DoDo

National Bank of CommerceFirst National Bank __

Do _„Sterling National BankStory City National BankFirst National Bank . . . , - .

DoAmerican National Bank.., „__„___First National Bank

Do _Do

Black Hawk National BankCitizens National BankNational Bank of Wessington Springs..

First National BankDoDoDo

Location

Fairview, MontFort Sumner, N. Mex__Galva, IowaGilmore City, IowaGlenwood, MinnGolva, N. DakHampton, GaHannaford, N. DakHarlowton, MontHayden, Colo.Howard, S. DakIndependence, IowaIngomar, MontIntake, Mont.Julesburg, Colo ,Lake Preston, S. DakLaurens, S. C ,Lehigh, Okla ,Lemmon, S. Dak_Lingle, Wyo___Lincoln, Ark ,Lineville, IowaLlano, TexLorena, Tex ,Louisburg, N. CLumberton, N. CLuverne, MinnMclntosh, S. DakMitchell, S. DakManor, Tex._Milburn, OklaMoore, MontMorristown, S. DakMountainair, N. Mex___Montpelier, IdahoMuldrow, OklaNcoga, 111New Hampton, IowaNewport, ArkOak Grove, LaOktaha, OklaOldham, S. DakOsceola, IowaPayette, IdahoPleasantville, IowaPlenty wood, MontPocahontas, IowaPoison, Mont.._Rexburg, IdahoRonan, MontRoswell, N. MexRoundup, MontSt. Anthony, IdahoSt. James, MinnSt. John, WashSalem, S. DakShawnee, OklaSpirit Lake, IowaSpring Hope, N. CSterling, ColoStory City, Iowa ,Sylvester, Ga „,Tabor, Iowa-Three Forks, MontUniversity Place, Nebr_,Warroad, MinnWapanucka, OklaWaterloo, IowaWayne, NebrWessington Springs, S

Dak.Wilder, Idaho.Wimbledon, N. DakWinifred, MontWinter Garden, Fla .

Date receiverappointed

Nov.Feb.Mar.Jan.JulyMar.Jan.Dec.Mar.JuneSept.JulyAug.Apr,JuneMar.Feb.Nov.Apr.Mar.Feb.Apr.Apr.Jan.MayAug.Dec.Mar.Feb.Nov.Oct.Dec.MayNov.Mar.Oct.Jan.Dec.Dec.MayMayJan.Apr.Dec.Feb.Mar.Jan.Mar.Aug.Feb.Nov.Apr.Mar.Nov.Feb.Jan.Apr.Aug.Jan.Dec.Jan.Jan.Sept.Oct.Dec.Feb.Mar.Feb.JuneFeb

Nov.Apr.Oct.July

8,192326,19240,192818,192614,192618.192427.192510.19267,192316,19261,19235,192814.19227.192612,192428,192415,19288.19232,192519.19249.19279,192718.192323.192822.19254.192531.19251.192427.192426.192631.192720.192324.19242.192213.192524,192721.19259.192621.192613,192226,19263.192522,192513.192221.192531,192430.192622,192411.19249,192416.19235.19234.192430.19267.192416.192528.192425.19277.192511.19223.192715.192514,192729.192329.19269.19242.192513.19252.192623.1926

22,192623,192515,192525.1929

Capital

$40,00025,00050,00025,00035,00025,00050,00025,00050,00025,00025,000100,00025,00025,00025,00025,00050,00035,00050,00025,00025,00025.00050,00030,00025,00050,00025,00025,000100,00040,00025,00025,00025,00030,00050,00025,00025,00050,00050,00050,00025, 00025,00025,00075,00025,00050,00075,00025,00050,00025,000200,00050,00050,00050,00040,00025,000100, 00050,00050,000150,00040,00050,00025,00025,00040,00025,00025,000200,00060, 00025,000

25,00025,00025,00050, 000

Per centdivi-

dendspaid to

creditors

12.160.35

a 98, 50554CO. 23.03

14.556.88.2

* 79,7171

52.554.231.15

3 104.941.8

62.222.5206643.4

<1004769.3143.6514.147.6

3 105.4041753.514.514.359.555.560

2 59.4773867.564.1837.1 /4738.312.523.6289.6

31.518.317.219.7589.9 /95.54048

2 85.78330.7

102.823.5

«44.10715.35638.86.75

2 75.5789.3

3108.415

7469.522.3

uoo1 Restored to solvency.2Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.'Principal and interest paid in full.* Dividends paid by purchasing bank.


2 8 REPOET OF THE COMPTROLLER OF THE CURRENCY

BANK FAILURES OTHER THAN NATIONAL

Information furnished by the banking departments of the severalStates discloses that during the fiscal year ended June 30, 1929, therewere 482 failures of State and private banks, with liabilities aggregat-ing $134,605,000, as compared with 413 failures in the previous year,with total liabilities of $125,784,000.

Tables showing the number of failures and liabilities of banks otherthan national and national banks in each State, for the 6-monthperiods ended December 31, 1928, and June 30, 1929, together withsimilar figures for the year ended June 30, 1929, are published in theappendix of this report. The appendix also includes a table showingthe number and liabilities of State and national bank failures as ofJune 30 each year, 1914 to 1929, inclusive.

NATIONAL-BANK CIRCULATION

Although a reduction of $679,000,000 was made during the fiscalyear ended June 30,1929, in the interest-bearing debt of the UnitedStates, bonds eligible as security for national-bank circulation onJune 30, 1929, aggregate^ $674,625,630, the same as on June 30 ofthe year previous, comprising $599,724,050 consols of 1930; $48,954,-180 Panama Canal 2's of 1916-1936, and $25,947,400 Panama Canal2's of 1918-1938. On June 30 of the currentyear the Treasurer ofthe United States held as security for national-bank circulation$591,819,100 of consols and $74,380,040 Panama Canal 2's, a totalof $666,199,140, representing 98.75 per cent of the aggregate of cir-culation bonds outstanding.

The circulation of national banks outstanding on June 30 this yearamounted to $704,294,442, of which amount $662,773,570 was se-cured by bonds, and the remainder, $41,520,872, was secured bylawful money held by the Treasurer to provide for the redemption ofthe notes of banks retiring their circulation and on account of asso-ciations in liquidation.

In the year ended October 31, 1929, the withdrawal of bonds heldby the Treasurer of the United States in trust as security for national-bank circulation amounted to $46,680,800. The withdrawals byreason of liquidation of banks amounted to $29,185,580, and onaccount of banks placed in charge of receivers $1,802,760. Bondsheld by the Treasurer of the United States in trust as security forcirculation were augmented to the extent of $46,248,460 on accountof deposits made by newly organized banks and by those increasingtheir circulation. The transactions of the year by months in eachaccount named are shown in the following statement:



United States bonds deposited as security for circulation by banks chartered and bythose increasing their circulation, together with the amount withdrawn by banksreducing their circulation, and by those closed, during each month, year endedOctober 81, 1929

Date

Bondsdepositedby bankscharteredand thoseIncreasingcirculationduring the

year

Bondswithdrawnby banksreducing

circulation

Bondswithdrawnby banks

inliquidation

Bondswithdrawnby banks

ininsolvency

1928NovemberDecember ,

1929JanuaryFebruary __MarchAprilMayJune _July ,August _SeptemberOctober. _

Total

$1, 410, 0001,096, 500

1, 972, 5102,003, 7505,370, 0005, 085, 5004,481, 2593,905,0004,672, 7007,832, 5004, 787, 7503,631,000

$580,000634,100

870, 7501,810,0002,660, 4502, 636, 2501,070, 0002, 213, 500

422,1001,508, 750

812, 500474, 060

$490, 000832, 500

628, 7601, 248,0002,191, 2502, 716, 2503, 299, 500

972, 5004, 042, 7005, 721, 5003,720, 7603, 321, 860

$125,000

319,500142,500100,000753,000

145, 01025,000

192,750

i 46, 248,460 15, 692, 460 29,185, 580 1, 802,760

i Includes $2,765,000 deposited by 30 of the 141 banks chartered during the year.

Statement of capital stock of national banks, national-bank notes, and Federal reservebank notes outstanding, bonds on deposit, etc.

Authorized capital stock of national banksPaid-in capital stock of national banks _ _

N o v . 1, 1929

$1,686, 251, 6651,685,918,429

Increase of authorized capital stockDecrease of authorized capital stockIncrease of paid-in capital stock.Decrease of paid-in capital stock _

National-bank notes outstanding secured by UnitedStates bonds, old and new series.-..

National-bank notes outstanding secured by lawfulmoney, old and new series—

Total national-bank notes outstanding, old andnew series ._.

$661,822,047

38, 506,768

700,328,815

Increase secured by United States bondsDecrease secured by United States bonds. _ ^..Increase secured by lawful money.... « __Decrease secured by lawful money _ _.

Net increaseNet decrease

Federal reserve bank notes outstanding secured byUnited States bonds

Federal reserve bank notes outstanding secured by law-ful money

Total Federal reserve bank notes outstanding

$3, 557, 901

3,557,901

Oct. 1, 1929

$1, 676, 066,0151,675, 565,794

Increase ordecrease since

above date

$10,185,650

10,352,635

$652,823,980

38, 564,685

691, 388, 665


above date

$8,998,067

57,917

8,940,150

$3,557,901

3,557,901

N o v . 1, 1928

$1,619,589,1151,618, 393,763


above date

$66,662, 550

67,524,666

$662,705, 675

37,446,779

700,152,454

Increase ordecrease sinca

above date

$883,6281,059,989

176,361

$4,049,608

4,049,608



Statement of capital stock of national hanks, national-bank notes, and Federal reservebank notes outstanding, bonds on deposit, etc.—Continued

Increase secured by UnitedDecrease secured by UnitedIncrease secured by lawful nDecrease secured by lawful i

Net increase

States bondsStates bondsloneynoney -

Net decrease -- _

Kinds of bonds on deposit

United States consols of1930 (2 per cent).

United States Panama of1936 (2 per cent).

United States Panama of1938 (2 per cent).

Total

On depositto securenational-

bank notes

$592,721,100

48, 444, 240

25,570,760

666, 736,100

One dollarTwo dollarsFive dollarsTen dollarsTwenty dollarsFifty dollarsOne hundred dollars.. .Five hundred d o l l a r s -One thousand dollars..Fractional parts

To ta l . . .Less i

Total


above date


above date

$491,707

491,707

National bank notes ofeach denominationoutstanding

Old series

$340,906162, 548

119, 641, 300234,906, 660194,196, 21025,498,95023, 629,900

87, 50021,00061, 554

598, 546, 5284, 090, 790

594,455, 738

New series

$35,160, 30549, 771, 46018, 571,1601,495,450

874, 700

2105,873, 077

105, 873, 077

Federal re-serve banknotes of eachdenomina-tion out-standing

$2,074,934639,792488,590143,005196, 53015,050

3, 557,901

3, 557,901

i Notes redeemed but not assorted by denominations.

REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANKCIRCULATION

During the year ended June 30, 1929, national-bank notes, Federalreserve notes, and Federal reserve bank notes aggregating $1,768,-912,111.50 were redeemed in the United States Treasury at a totalexpense of $514,963.62.

Redemptions include Federal reserve notes amounting to $1,282,-667,215; Federal reserve bank notes received from all sources,$443,487; and national-bank notes of $485,801,409.50, the latteramount including $23,903,249.50 redeemed on retirement account.

National-bank notes were redeemed at an average cost of 95 centsper $1,000; Federal reserve notes received from sources other thanthe Federal reserve banks, 81 cents per 1,000 notes; canceled andother Federal reserve notes received direct from Federal reserve banksand branches, 39 cents per 1,000 notes redeemed; and redemption onaccount of Federal reserve bank notes at the rate of $1.27 per 1,000notes.

Statements showing the amount of national-bank notes, Federalreserve notes, and Federal reserve bank notes received monthly forredemption in the year ended June 30, 1929, the source from whichreceived, and the classification of redemptions, together with therate per $1,000 of national-bank notes redeemed, and the rate per1,000 notes of Federal reserve and Federal reserve bank notesredeemed, are published in the appendix of the report of the Comp-troller of the Currency.

NATIONAL BANKS OF ISSUEOf the 7,536 reporting national banks on June 29, 1929, there were

6,071 banks with capital of $1,324,743,000 issuing circulating notes,and on the date indicated the amount of notes outstanding aggregated



$649,452,000. The 1,465 banks which did not exercise the circulationprivilege had capital stock paid in amounting to $302,632,000.

A table disclosing, according to reserve cities and States, thenumber of national banks issuing circulation, their capital, amount ofcirculation outstanding, together with the number of associationsnot issuing circulation and their capital on June 29, 1929, is publishedin the appendix of this report.

CONDITION OF NATIONAL BANKS AT DATE OF EACH REPORTCALLED FOR DURING THE YEAR

Under authority of section 5211, Revised Statutes, national banks•were called upon to submit four reports of condition during the yearended October 31, 1929, as of various dates specified by the comp-troller.

Summaries of resources and liabilities of reporting banks on the dateof each report during the year, together with summary for October 3,1928, are shown in the following statement:

Abstract of reports of condition of national banks on dates indicated[In thousands of dollars]

Oct. 3,1928—7,676

banks

Dec. 31,1928—7,635

banks

Mar. 27,1929—7,575

banks

June 29,1929—7,536

banks

Oct. 4,1929—7,473

banks

RESOURCES

Loans and discounts (including redis-counts)!

OverdraftsUnited States Government securities

ownedOther bonds, stocks, securities, etc., owned.Customers' liability account of acceptances-Banking house, furniture and fixturesOther real estate owned _.._Reserve with Federal reserve banksCash in vaultDue from banks . . .Outside checks and other cash itemsRedemption fund and due from United

States Treasurer ._ _- . . .Acceptances of other banks and bills of ex-

change or drafts sold with indorsement..Securities borrowedOther resources _

Total _LIABILITIES

Capital stock paid in „Surplus fundUndivided profits—net.Reserves for dividends, contingencies, etc..Reserves for interest, taxes, and other ex-

penses accrued and unpaidNational-bank notes outstandingDue to banks (including certified and

cashiers' checks and cash letters of creditand travelers' checks outstanding)

Demand deposits..Time "deposits (including postal savings)...United States deposits.

Total depositsAgreements to repurchase United States

Government or other securities soldBills payable and rediscounts.. _Acceptances of other banks and bills of ex-

change or drafts sold with indorsement...Acceptances executed for customers.. _Acceptances executed by other banks for

account of reporting banksSecurities borrowedOther liabilities

Total

14,894,36115,606

3,012, 5844,104,022

429,034732, 455122, 773

1,467, 535364, 281

3,114, 09799, 213

33, 261

222, 50818, 545

295, 205

15, 279,63111, 638

3, 008,7234,118, 595

531, 305730,182123,050

1,496, 316388,129

4,184, 693116,187

33,426

329, 76420,472

217, 045

14,849, 92612, 257

3, 096,7603,973, 995

472,486726, 267126,903

1,404, 528363, 491

3,385, 66172, 290

32,786

247,86735,425

221,270

14,801,13010,193

2,803,8603,852, 675

397,333747,684

1, 344,951298,003

2, 569, 09870,095

32,740

164,86620,186

208, 575

14, 961,87715, 533

2, 704,8743,741, 014

484,728746,419121,684

1,320,427347,362

2,970,19069,921

32,854

188,92521, 929

196, 573

28, 925,480 30, 589,156 29,021, 912 27,440, 228

1, 615,7441,450, 499

549, 62458, 055

81,464

3, 507, 93211,073,1558,310,891

113,33328, 005, 311

35, 591707,581

222, 508420, 754

26,13318, 54585,123

1, 616, 4761,490,146

491, 68185,360

66,609650,405

4, 073, 55111, 780, 7218,306,938

186,17024,347,380

75,165785, 309

329, 764524, 725

23,24820,47282,416

1, 633, 2711, 528, 326

538, 74467, 271

80, 700647,848

3,498, 39710,934, 9948,166, 596

272, 89322, 872,880

53, 451703, 812

247,867473, 509

20,91835, 425

117, 890

28, 925, 480 30, 589,156 29,021, 912

1, 627, 3751,479, 052

487,50480, 832

73, 968649,452

2, 548,48210, 504, 2688,317,095

228, 24321,598,088

49, 660714, 507

164, 866392, 623

18, 64820,18683,467

27, 924,310

1,671,2741, 515, 241

555,87361,759

86,475641,104

2,829,96010, 568,012

8,301, 751202,274

21,901,997

41,690657, 572

188,925479,931

20, 61821,92979,922

27,440, 228 27,924,310

1 Includes customers' liability under letters of credit.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Principal items of resources and liabilities of national banks, October 4, 1929

[In thousands of dollars]

CO

to

States, etc.Num-ber ofbanks

Loans anddiscounts,including

over-drafts i

Invest-ments

Healestate,furni-ture,and

fixtures

Cash invault

Due frombanks,

includingreserve

and othercash items

Aggregateassets Capital

Surplusand

undividedprofits

Na-tional-banknotesout-

stand-ing

Due tobanks a

Demanddeposits,includingUnitedStates

deposits

Timedeposits

Billspaya-

ble andredis-counts

MaineNew HampshireVermontMassachusettsRhode IslandConnecticut

Total New EnglandStates

New YorkNew Jersey.Pennsylvania _Delaware. _Maryland.. .District of Columbia I

Total Eastern States._

VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee

Total Southern States.

56461541062

381

560299856178212

16011667527953107353461973138100

1,633

79,50447,35743,420886, 26433,765198, 290

63, 74627, 553

1, 288,600

323, 65919, 52765, 613

528, 706

2,6783,0341,357

41,1898-15

12, 815

1,8691,6641,027

13, 6901,1965,016

13,04010,3267,157

226,4064,58738,788

161, 24890,24182,184

1,603, 37160, 326

321, 991

7,2205,5005,260

94,6884,52020,912

13,3989,5816,188

117, 8837,753

32, 628

4,8504,6854,29519, 3183,7999,698

2,9164,4291,698

147,4461,516

14, 668

40,54219,502

645,03924, 207145,103

91, 79122,32642, 658

404, 26815,97189, 774

61, 918 24,462

3,078,307605, 732

1, 679,09213,820

161, 58599,019

1, 275,908301,449964,1839,188

78,00734, 875

99,11440,902114,096

1,1048,93612,172

39, 26115,04740,105

4543,4333,202

5, 637, 555 2, 663, 610 276, 324 101, 502

254, 588128, 29698,97871,295

174, 61889, 503151, 29157, 65689,479

643, 33555,963186,150219, 736

62, 87938, 34322,07624,74235, 74771,99145, 34819, 22515, 353

207,48523, 51265, 64243,486

14, 73511,0928,8257,234

10, 3099,840

10, 5653,4549,410

47, 6123,5048,19116, 264

5,6844,0233,2532,2405,2845,8744,9411,8142,067

20, 3352,142 I4,0974,969

300, 304 2, 319, 361 138,100 187,431 46, 645 172, 673 911, 377 666,788

1, 289,95684,181

372, 7682,362

42,10025,608

6, 313,0911,053,0603, 222, 388

27,003295,439176, 737

385,98856, 283

163, 5351,629

14, 55910, 775

577, 76782, 579

364, 2743,78223,49811,701

66,43722,94781, 286

9957,3204,759

1,040, 86619, 344

251, 736445

29,04214,160

2,481,741351, 616

1,076,86810,12696, 67379,647

1, 204,987490,044

1,137, 7869,432

114, 30849,170

1,816,975 11,087, 718 632,769 1,063, 601 183, 744 1, 355, 593 4,096, 671 3,005, 727

45, 52219, 56518,66716,49554,88130,72538,65215,82224,833232,44119,05834, 22560, 636

386, 693203,019153, 735122, 927282, 659209, 890254, 71998, 729147, 886, 162, 023104, 712301, 882347, 675

29,39313,84511, 7009,45019,40514,96018,0705,4259,80083,1606,91519,02124,464

28, 78616, 40711,9277,15820,12812, 56519, 6215,2777,307

69, 5155, 546

20,09723,428

19,02410,1717,0425,6427,6304,37013,1652,9786,15142,8013,78715,00914, 323

23,3817,2317,7869,36133, 25616,16714,0786,44818, 660135, 27311,07219, 74837,464

121, 50969, 68348. 25536,669113, 87678,13699, 34637, 50366, 544592,11641,448103,419111, 043

2,220,888 | 675,829 161,035 68, 723 I 611,523 | 3, 776, 549 265,6 247, 762 I 152,093 339,925 1, 519, 547

146,48976, 37651, 55449,92781, 65574,47867,92633,46321,161196, 59032,18396,376109, 217

1,037,395

3,0482,9512,00138,5581,9266,554

55,038

59.97319,76682,268

5287,6803,827

174,042

13,7447,55513,0283,5884,1843,86016,8066,8669,95627,5483,39721,88924,137

156,558


OhioIndiana.IllinoisMichiganWisconsin . _ .[MinnesotaIowa _ _Missouri _

Total Middle WesternStates

North Dakota _ _ .South DakotaNebraskaKansasMontana _ __ _WvomingColoradoNew MexicoOklahoma.™

Total Western States-

Washmgton___ _OregonCaliforniaIdahoUtahNevadaArizona

Total Pacific States. __

Alaska (nonmember banks).The Territory" of Hawaii

(nonmember bank).-

Total (nonmemberbanks)

Total United States,Alaska, and Hawai i .

321221484130157269259129

1,970

12292

159248

6725

12028

300

1,159

10894

21043201014

499

4

1

5

7,473

496,252256,005935,540394, 256308,355369,917190,608314, 837

3, 265, 770

45,41238,442

137,953133, 24148,84520,878

134, 20518,112

213,055

790,143

177, 531102,125

1, 384. 61125, 81533,47012,14715,873

1, 751, 572

2,277

20, 605

22, 882

14,977,410

221,033114, 509316,062151, 231120,361196, 648100,150121, 630

1,341, 624

27,49626,69454,91470,94030, 85711,87775, 89810,917

123,061

432,654

94, 26189,961

565, 20011, 59114, 3145,567

11, 710

792, 604

1,823

9,038

10,861

6,44.5,888

39,80720, 88253, 54828, 72718,96414, 58416,81411,136

204, 262

4,5113,3188,352

10,6153,6251,2647,4751,525

15,494

56,179

11,0197,531

83,2462,2471,7411,0781,200

108,062

150

173

323

868,103

15,30711, 28221, 2449,3278,0218,8707,3655,812

87,228

1,9931,6263,4925,0012,503

9965,692

9506,493

28; 746

5,7344,258

23,157921604542821

36, 037

446

2,218

2, 664

347,362

108, 69357, 625

261, 54388, 22972,861

111, 10358, 518

115, 646

874, 218

16, 81612, 71554,20649, 26819, 2949,208

59,0445,851

90, 358

316, 760

60, 61738,944

305,4368, 422

13,1694,1974,881

435, 666

1,052

4,040

5,092

4, 360, 533

899,818465,345

1, 636, 505677, 517534,103716,489374, 855575,143

5, 879, 775

96, 71283,008

259, 358269,944105,26944,297

282, 96437,439

450,006

1, 628, 997

352,467243, 649

2,422, 66449, 08763,46823, 59434, 799

3,189, 728

5,751

36, 431

42,182

27,924, 310

58,15032, 68298, 42032, 29032, 89538,44522, 58034,675

350,137

5,5904,390

14, 25017,8025,2402,270

12,6002,060

26,330

90, 532

23, 69013, 245

143, 9382,7303,6501,5001,950

190, 703

275

3,150

3,425

1, 671, 274

69, 66428, 63994, 64542, 54030,13130,97814,97326,489

338,059

3,4043,3239,977

13,1765,1342,445

13, 7561,402

13, 241

65,858

14, 23210,852

133, 8511,7612,240

9151,755

165, 606

261

2,536

2,797

2,071,114

35, 41721,41135, 39616, 03215, 84214,03313, 7679,466

161, 364

3,0901,8586,9979,4002,3311,4564,2901,2366, 379

37, 037

11, 3295,283

37, 2981,3702,2301,1901,027

59, 727

60

434

494

641,104

46, 67630,083

176, 53233, 66446,18390,31239, 332

111, 709

574,496

5,0304,869

48, 85327,5307,0793,252

24, 7631,576

47, 933

170, 885

32,21018,447

145,4712,891

13,1051,7931,222

215,139

52

1,197

1,249

2, 829,960

356, 049183, 037695, 929268, 804187,410252,022144,028254, 200

2, 341,479

39,68138, 070

112,962140, 87946,10220, 658

132, 74721, 266

234,083

786,448

162, 552103,080756,10823,14825, 8779,559

17, 583

1,097, 887

3,154

13, 723

16, 877

10, 770, 286

283, 632149, 708447, 632265, 280201,163240, 297133, 527111, 263

1, 832, 502

38,86329, 71656, 70358,00038,51913, 70190,0358,233

108, 562

438, 332

101, 59990,491

1,084,05616, 25214, 1098,579

10,999

1, 306, 785

1,933

12,289

14,222

8,301, 751

29,59514,49524,44411,29711,61636,3534,709

20,418

152,927

699422

7,3573,967

513493

3,9681,338

12,739

31,496

2,6081, 273

79,620486958

16

84, 961

2,550

2,550

657,572

1 Includes also customers' liability under letters of credit, but not acceptances of other banks and bills of exchange or drafts sold with indorsement.* Includes certified and cashiers' checks, dividend checks, and cash letters of credit and travelers' checks outstanding.

COCO


34 KEPORT OF THE COMPTROLLER OF THE CURRENCY

NATIONAL-BANK LIABILITIES ON ACCOUNT OF BILLS PAYABLEAND REDISCOUNTS

Liabilities of national banking associations for money borrowed onaccount of bills payable and rediscounts at the date of each call sinceOctober 31, 1928, are shown in the following statement:

Total borrowings of national banks on account of bills payable and rediscounts atdate of each call since October 81, 1928, according to geographical location


Dec. 31,1928:Bills payableRediscounts

Total

Mar. 27,1929:Bills payableRediscounts

Total

June 29,1929:Bills payable _Rediscounts

Total

Oct. 4, 1929:Bills payable. .Rediscounts

Total

NewEngland

States

24,92835,840

60,768

41,07616,260

57,336

39,23529,506

68,741—

31,05423,984

55,038

EasternStates

397,67544,035

441,710

287,79536,299

324,094

281,86338,392

320, 255

139,63934,403

174,042

SouthernStates

51,14132,611

83,752

54,940• 39,908

94,848

61,83072,104

133,934

75,89180, 667

156,558

MiddleWesternStates

88,24766,709

154,956

94,31757,411

151,728

60,41967,476

127,895

74,00678,921

152,927

WesternStates

8,73810,387

19,125

9,5226,165

15,687

13,79516,485

30,280

.14,99216,504

31,496

PacificStates

22,1072,891

24, 998

55,2864,833

60,119

27,4105,992

33,402

76,87210, 639

87, 511

Total

592,836192,473

785,309

542,936160,876

703,812

484,552229,955

714,507

412,454245,118

657, 572

Total borrowings of national banks on account of bills payable and rediscounts atdate of each call since October 31, 1928, according to central and other reservecities and country banks


Dec. 31,1928:Bills payableRediscounts - . .

Total .

Mar. 27,1929:Bills payable --Rediscounts _ _ .

Total „

June 29,1929:Bills payableRediscounts

Total

Oct. 4, 1929:Bills payable - •Rediscounts . . . . . . _

Total _

Centralreservecities

284,01747,883

331,903

135,03020,482

155,512

150,40330,192

180, 595

32, 73422,475

55,209

Otherreservecities

154,99573,201

228,196

232,33469,481

291,815

143,22779,785

223, 012

214,710116,225

330,935

Countrybanks

153,82471,386

225,210

175,57280,913

256,485

190,922119,978

310,900

165,010106,418

271,428

Total

592,836192,473

785,309

542,936160,876

703,812

484,552229,955

714,507

412,454245,118

657,572


KEPORT OF THE COMPTROLLER OF THE CURRENCY 3 5

LOANS AND DISCOUNTS OF NATIONAL BANKS

The statement following shows a classification of loans and dis-counts reported by national banks as of December 31, 1928, and June29, 1929:

Classification of loans and discounts as of December SI, 1928, and June 29, 1929


Class

Dec. 31,

Amount

94,693

61,256301,231402,268

5, 527,327

309,863983,698

7,599,295

15,279,631

135,6033,008, 653

1928

Percent

0.62

.401.972.63

36.18

2.036.44

49.73

100.00

June 29,

Amount

91,006

39,339195,666365,009

5,113,792

308,7851,104,220

7, 583,313

14,801,130

102,6722,974,308

1929

Percent

0.61

.271.322.47

34.55

2.097.46

51.23

100.00

Acceptances of other banks, payable in United StatesNotes, bills, acceptances, and other instruments evidencing

loans payable in foreign countriesCommercial paper bought in open marketLoans to banks and trust companiesLoans secured by United States Government and other securi-

ties (exclusive of loans to banks)Real estate loans, mortgages, deeds of trust, and other liens

on real estate:On farm land _On other real estate ._._„ ._.

All other loans, including reporting banks' own acceptancespurchased or discounted „__.„

Total - i

Loans secured by United States Government obligationsTotal loans eligible for rediscount with Federal reserve banks.


Loans and discounts of national banks June 29, 1929 1


Cities

CENTRAL EESEBVE CITIES

New YorkChicago

Total central reserve cities

OTHER RESERVE CITIES

BostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimore. __ . .WashingtonRichmondCharlotteAtlanta _ __ _SavannahJacksonvilleBirmingham __ .New OrleansDallasEl Paso.Port WorthGalvestonHoustonSan AntonioWaco.._.Little RockLouisville.. .MemphisNashville

Acceptancesof other

banks, pay-able inUnitedStates

49,176291

49,467

1,003

18

53

1,332

10396

2

415220

2,180

Notes, bills,acceptances,

and otherinstrumentsevidencingloans, pay-

able inforeign

countries

13,2182,863

16,081

5,835

3,1081011

32

707

30

27

Commer-cial paperbought in

openmarket

4,6462,157

6,803

13,674557

5,1931 460

1,504769

7901

659

5461601757

814155690

65850

Loans tobanks andtrust com-

panies

131,71018,825

150,535

20,894450

39,5739,7004,3521,0923,963

1033,2013,6101,1363,5791,2471,465

6896462

1,9299969360

3,7071,3062,800

Loans se-cured byUnitedStates

Govern-ment andother se-curities

(exclusiveof loans

to banks)

1,350,647210,198

1,560,845

227,75632,12915,4854,638

168,896136,96637,77844,55014,6653,391

30,77612,8029,3297,8276,900

28,2293,3709,5185,039

36,40210,5031,682

24733,5472,989

16,140

Real estate loans,mortgages, deeds oftrust, and other lienson real estate

On farmland

40462

502

3

140

1589

4731281

637220484

320467443517190

133219

On otherreal estate

16,1882,609

18, 797

41,010755

1,987579

15,9783,3611,1262,186

32703

1,3541,1011,992

719369

2,005443535252

1,6292,176

613252175423922

All otherloans,

includingreporting

banks' ownacceptancespurchased

or dis-counted

867,320281,716

1,149,036

246, 76623,22113,706

871258,64583,93444,15545,68415,94711,15831,39432,08319,27739,12721,30156,43912,16337, 2179,085

43,37425,9736,0992,966

28,2417,151

36,536

Total

2,432,945519,121

2,952,066

556,94157,11231,1786,088

491,411235,43187,42295,15635,37615,37067,65750,07033,76951,33330,53489,71716,45448,73714,49884,76740,69711,7923,696

66,44512,05256,617

Memoranda


Govern-ment

obligations

19,0062,467

21,473

3,509134591

2,1621,9051,001

293192200396221614659

71047

13225

438123314

4543295416

Total loanseligible forrediscount

withFederalreservebank

360,279100,336

460,615

96,3837,4484,131

585114,44852,72318,94311,0926,5253,150

22,19816, 5158,527

15,0776,400

26,8286,115

16,0243,359

16,1939,4734,950

45012,3001,787

12,625

g1• 3

W

o


CincinnatiClevelandColumbus .ToledoIndianapolisChicagoPeoria.DetroitGrand RapidsMilwaukee.MinneapolisSt. Paul-— _.Cedar RapidsDes Moines__DubuqueSioux CityKansas City, Mo...St. JosephSt. LouisLincolnOmahaKansas City, Kans.TopekaWichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsaSeattleSpokane..Portland-__Los AngelesOakland...San FranciscoOgden _Salt Lake City

Total other reserve cities—.

Total all reserve cities

8331

488

304

681

162799

807

" 3 8

74

26

291861

394

75

10,772

118

594

375

4582,399

3,003

16, 768

32,849

1,7373,392

2,01783

94810

1,119522

4,9685.5501,0153,522

57231

1,20675

111747534110200

1,168560

2,898938

2,630126153

65,437

72,240

1,964537

2,330

4066,401

4933,7194,2172,0231,1442,104

361,0103,8061,8189,1131,9555,060 |

845 i206

3,4281729575925

1,549288301

1,5651,1111,312

1504,214

75707

174,249

324,784

32,34432,19418, 6484,383

11,75930,206

76,7976,062

44,36131,39327,4596,6927,065

5142,223

18,3521,235

101,0534,850

14,835921

2,6554,5621,788

28,8002,4101,3358,770

24,07326,2185,771

11,053135,213

5,754148,340

1,1967,955

1,797,755

3, 358, 600

19

260

1645

662352519575418904227110874&

2S443818015465

1,128

18212516244

14279

21,448118

55,157240140

88,473

88,975

1,5125,7191,306

311715

8,821158

9413,2491,717

427786

1,00855255977249

5,56928

110757124319

2,250

108584

1,372342

1,0183,344

169,833844

159,72236

297

494,823

513, 620

17,010

28, .1793,236

39,98212,9139,502

71,2515,188

P 4,23591,37533,6464,574

14,1523,936

10,01661,4726,303

55,1079,891

34,0634,9865,6169,9782,543

2,2422,95535,08941,996 I43,1218,33633,467181,16316,118237,6163,55910,595

2,467,078

3,616,114

52,91469,35650,9987,93056,61455,36320,757191,45413,004147,639129,50064,85513,72524,9045,45616,51283,15114,645177,87217,78558,6818,0049,05019,6474,64371,5685,4585,238

46,22768,09171, 59517,39252, 701513,16722,984611,0765,23219,847

1,449367

4,323189

2,08955974

2,28721534

1,13411,959

26013313451

1,394228779124446140163

1,1853

1,2301411293430785127652

1,1188

2,578141

5,115, 355

8,067,421 I

50,599

72,072

6,82012,3369,0191,00215,8127,2818,43512,1692,80429,18132,38131,4311,6107,6211,5846,02530,3137,19763,7116,20016,3221,9804,8235,4081,20017,6482,8831,58711,1147,55414, 5463,01211,96936,3164,07779,3182,4393,625

1, 013, 002

1,473,617

i A similar table as of Dec. 31,1928, appears in the appendix of this report. 3O

CO


Loans and discounts of national banks June ,


1929—Continued CO00

States and Territories

COUNTRY BANKS

MaineNew Hampshire-VermontMassachusettsRhode IslandConnecticut

Total New England States.

New YorkNew JerseyPennsylvania-DelawareMaryland

Total Eastern States.

VirginiaWest Virginia...North Carolina-South Carolina..Georgia.FloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee


Acceptancesof other

banks, pay-able inUnitedStates

102

183

~~62'

347

6743,0722,460

13

Notes, bills,acceptances,and other

instrumentsevidencingloans, pay-

able inforeign

countries

23

1945

521

6,219 720

1,336

15095

11,1731,803

97

157

491,791

67

1,6192520

3,78$'

Commer-cial paperbought in

openmarket

1,41131170

12,7851,766

17,341

7,0327,225

11,374170814

26,615

1,339392206

1,136568

2,5371,512

539119

6,5881,247

6901,838

18,711


93

50

1,217

4431,3062,546

10115

4,420

4,4211,2532,8971,094

7501,2861,261

853894

1,788999186

2,836

20,518



(exclusiveof loans

to banks)

26,55816,0448,723

114,80212,89599,744

278,766

237,107185,614277,8773,58111,147

715, 326

47,34535,08915, 56816,9696,66415,14113,0338,51311,47246,4177,26627,04323,722

274,242


On farmland

1,622519

1,4621,046

199617

5,465

8,4562,50713,869

9992,782

28, 613

6,3391,2622,8813,0783,6171,5474,2044,2064,305

11,5503,3156,1922,467

54,963

On otherreal estate

7,3692,1273,85337,1964,18921,109

75,843

77,71472,935125,7571,3215,504

283,231

12,43810,8533,8803,0442,580

4,1485,4541,7076,7543,1917,0224,335

75,354

All otherloans,

includingreporting

banks'ownacceptancespurchased

or dis-counted

38,71725,99328, 557130,43014,64679, 781

318,124

341,197322,842492,8116,99545,178

1,209, 023

148,31580,90281,65051,04537,51031,88073,59836,49537,663213,56332,84873,45785,273

984,199

Total

76,24245,08742, 725296,62733, 752

697,126

672,817595, 506927,21513,07665,553

2,274,167

220,354129, 795107,10276,36651,68963,72499,54756,27758,255299,45250,694114,610120,613

1,446,478


Govern-ment

obligations

642553199845333851

3,423

1,5041,1993,660

33260

6,656

7961,64287849525630741386209

1,367273729269

7,720

Total loanseligible forrediscount

withFederalreservebank

12,2097,1357,849

42,6665,442

22,552

97,853

131, 73896,566

113,1452,417

10,197

354,063

55,81319,01429,16927, 53920, 33414,24133,94916,27512,391125,15819,98018,87136. 732

429,466


Ohio . -IndianaIllinoisMichigan _ .Wisconsin

^ Minnesota _© Iowag Missouri __ _

Total Middle Western States

Q North DakotaT South Dakota

Nebraska _ -1 Kansas

rf5* M o n t a n aWyoming-_ _ __ _ _ .ColoradoNew MexicoOklahoma


WashingtonOregon »CaliforniaIdahoUtahNevadaArizona. _

Total Pacific States. __

Alaska (nonmember banks)The Territory of Hawaii (nonmember

banks)

Total (nonmember banks)

Total country banks__._

Total United States

122335

1,192258

1,634106

1,333298

5,278

6230

514106

267214

1,193

786881272269

545272

3,025

30,767

91,006

4219748058

2091080

1,832

64

64

3121

13

65

6,490

39,339

1,5553,673

10, 6082,7195,4096,0293,5912,373

35,957

5312,0482,0174,2401,133

1201,921

2364,110

16, 356

1,5771,3753,1301,057

590100

7,829

617

617

123,426

195,666

1,7722,1722,631

694722526596872

9,985

47471320753128561115985

425

3,490

1409387

150

3144

545

50

50

40,225

365,009

74,40141,93859,13146,91348,06832,48716,63410,154

329,726

3,3545,1804,767

12,74214,9544,325

11,2411,269

13,565

71,397

18,4305,032

39,0745,5651,4903,516

10,232

83,339

125

2,271

2,396

1, 755,192

5,113,792

13,85011,49315,9055,9347,019

14,09012,9062,987

84,184

6,1932,8652,6915,2611,6011,0762,976

5383,590

26, 791

3,3102,8639,8941,580

653760734

19,794

219,810

308, 785

28,59917,67813,40025,92110,9018,9245,6715,210

116,304

2,2801,187

7372,3541,051

7881,7011,6543,231

14,983

2,4401,743

17,339565402887892

24,268

285

332

617

590,600

1,104,220

194, 232121,864218,81286, 39189,57474,68683,25940,300

909,118

30, 71524,92847, 70773,16725,80713,85632,58314,10164,374

327, 238

50,23033,919

103,19915,0974,4305,4884,896

217,259

1,149

1,089

2,238

3, 967,199

7,583,313

314,952200,127321, 759168,888163,327137,057124,00062,274

1,492,384

43,60936,95158,64098,46544,83120,77650,58118,15089,509

461,512

76,94445,927

172,99524,283

6,97511,81717,183

356,124

2,176

3,742

5,918

6, 733, 709

14,801,130

3,7452,6411,083

542524955506283

10,279

7810041

4538994

25565

489

1,664

14515041993

51231

855

2

1

3

30,600

102,672

45,06547, 71382,65024,08942,81243,60447,22915,022

348,184

17,57316,33025,24542,18413,2519,580

18,9547,277

39,454

189,848

21,54513,19628,30110,3742,1302,1303,014

80,690

587

587

1,500, 691

2,974,308

COCO


40 EEPORT OF THE COMPTROLLER OF THE CURRENCY

COMPARATIVE STATEMENT OF LOANS AND DISCOUNTS, INCLUD-ING REDISCOUNTS, MADE BY NATIONAL BANKS DURING LASTTHREE FISCAL YEARS

The percentage of loans and discounts of national banks in thecentral reserve cities of New York and Chicago, to the total loans anddiscounts of all national banks on June 29, 1929, together with similarinformation in relation to banks in other reserve cities, etc., is shownin the following statement, compared "with like information for thefiscal years ended June 30, 1927, and 1928:


Banks in—

-

New York

DoChicago . - . . -Other reserve cities __-.

All reserve cities -States (exclusive of reserve cities)

Total United States

Loans

June 30,1927

Amount

2,348, 645

} 3,030,5324,645,101

7,675,6336,280,063

13, 955,696

Per cent

16.83

21.7233.28

55.0045.00

100.00

June 30, 1928

Amount

2, 782, 766

3,581,7885,038,894

8,620,6826,524,313

15,144,995

Per cent

18.37

23.6533.27

56.9243.08

100.00

June 29, 1929

Amount

2,432, 945

2,952,0665,115,355

8,067,4216, 733,709

14,801,130

Per cent

16. 44

19.9534.56

54.5145.49

100.00

COMPARATIVE CHANGES IN DEMAND AND TIME DEPOSITS,LOANS AND DISCOUNTS, UNITED STATES GOVERNMENT ANDOTHER BONDS AND SECURITIES, AND THE AMOUNT OF RE-SERVE OF NATIONAL BANKS WITH FEDERAL RESERVE BANKSSINCE JUNE 30, 1925

The amount and percentage of increase or reduction of demandand time deposits, loans and discounts, United States and other bondsand securities owned, and reserve of national banks with Federalreserve banks on June 30 of each of the last five years, are shownin the following statement:


June 30,1925

June 30,1926

Percentin-

crease

or de-crease

sinceJune30,

1925

June 30,1927

Percentin-

crease

or de-crease

sinceJune

30,1926

June 30,1928

Percentin-

crease

or de-crease

sinceJune30,

1927

June 29,1929

Percentin-

crease

or de-crease

sinceJune

30,1928

Demand depositsTime depositsLoans and discounts 1.United States and

other bonds, stocks,etc

Reserve with Federalreserve banks.:

10,430,254 10,:5,924, 658 " '

I, 778, 6036,313,809

12; 674i 067 13,417,674

+3. 34 10,923, 729 +1.35 11,003, 795 +0. 73 10,504, 268+6. 57 7,315,624 +15. 87 8, 296,638+13.41 8,317,095+5.8713,955,696 +4.01115,144,995 +8.5214,801,130

5,730,444

1,326,864;

5,842,253|

1,381,171

+1.95

+4.09

6,393,218

1,406,052

+9.43 7,147,448+11

+1.80 1,453,383

..80

+3.37

6, 656, 535

1,344,951

-4.54+0.25-2.27

-6.87

-7.46

1 Includes rediscounts and customers' liability under letters of credit.


EEPOBT CD THE COMPTROLLER OF THE CURRENCY 41

UNITED STATES GOVERNMENT SECURITIES HELD BY NATIONALBANKS IN RESERYE CITIES AND STATES

The following statement shows a classification of United StatesGovernment securities owned by national banks according to reservecities and States, June 29, 1929. (In the appendix of this reportappears also a table which discloses, by reserve cities and States, aclassification of United States Government securities owned bynational banks on December 31, 1928):

United States Government securities owned by national banks June 29, 1929


Cities

Bonds (in-cluding

bonds de-posited tosecure cir-culation)

Treasury-notes

Certificatesof indebted-

nessAll other Total

CENTRAL RESERVE CITIES

New York

Chicago--- -

Total central reserve cities...

OXPUB EESERVE CITIESBostonAlbanyBrooklyn and Bronx „Buffalo - . . .PhiladelphiaPittsburgh _.BaltimoreWashingtonRichmondCharlotte — ,AtlantaSavannah _JacksonvilleBirmingham _,New Orleans ,DallasEl P a s o . . .Fort WorthGalveston.. _Houston _.San AntonioWacoLittle RockLouisville.MemphisNashvilleCincinnatiCleveland.ColumbusToledoIndianapolisChicagoPeoriaDetroit.Grand Rapids ,Milwaukee. . . .MinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. Joseph.. „St. Louis _LincolnOmaha. . _Kansas City, KansTopeka—Wichita. . -Helena - «-„---___-„„___

316,36428,805

345,169

82,9093,6182,805

64041,14851,6809,316

18, 5734,6061,920

12,494748

11, 6496,4132,82814, 7332,7567,4774,61216,360

1,955100

9,0391,0124,7706,59310,9152,6833,5218,0556,8524,51416, 6691,0059,46130,39816, 5111,3763,338868

2,4726,9041,25814,465.1,7308,5702,1123,8161,868857

121,1156,543

28, 9491,164

127, 658 30,113

7,3672,271796357

6,1188,697502

2,068316600

2,40246

3,135119

1,1375,8161,1831,4851,3301,729512

1,297550

6,2161,571

1,6311,638602

9172,550606

7,4456

5,1294,2864,357747725684625

3,8561,5112,84437831927359930360

3,7669327350

2,2613,4431,9292,556259300

1,067936

2,20010

1,3686,0841,288625692

2,206312268

1492,162112

1,40425732

1,879595655

421573

2,6282,215

10427202929488104

2,498566

3,01643527770730

721

721

12

17

13

24531

1,41915

2,3072,818

292

15319

235

34236529511914847

467,14936, 512

503, 661

94,0425,9823,9331,047

49, 531110,32611,74723,2075,2012,82015, 9751,73017, 0446,5425,333

26, 6505,2279,6006,63820,54010,3034,939665

15,4044,7454,8829,62814,8856,8353,52110,85110,2895,77524,1141,44715,48237,31023,3182,1334,4901,7544,02611, 5902,87619,8132,72612,8562,8394,8402,925947



United States Government securities owned by national banks June 29, 1929—Con.[In thousands of dollars]

Cities

Bonds (in-cluding


Treasurynotes


nessAll other Total

OTHER RESERVE CITIES—continued

DenverPuebloMuskogeeOklahoma CityTulsaSeattle „SpokanePortlandLos AngelesOakland ___San FranciscoOgdenSalt Lake City

Total other reserve cities...


14,750963

1,8528,7373,15619,9472,000

28, 72966,2283,128

168, 5321,3462,974

4,581590

1,3654,7036,7593,5971,7705,84620,461

18,101312

1,086

846681262428

8,18411563

13,282244

42,883

11

9942385520906

22

135

812, 760 168,886 116,993

1,157, 929 296,544 147,108

58,162

58,883

20,1881,6114,22313,74010,39826, 7484,68735,13899,9783,376

229, 5381,6584,195

1,156,801

1, 660,462


COUNTRY BANKSMaineNew HampshireVermontMassachusetts „. *_Rhode IslandConnecticut ,




VirginiaWest Virginia...North Carolina..South Carolina—GeorgiaFloridaAlabamaMississippiLouisianaTexas..ArkansasKentuckyTennessee


OhioIndianaIllinoisMichiganWisconsin. _.Minnesota...IowaMissouri

Bonds (in-cluding


Treasurynotes

Certificatesof indebted- All other

7,4779,3145,07536, 7675,51019,160

2,012512315

7,851691

4,807

30319088

1,32832

1,942

29151143709

285

83,303 16,188

59,12950,113119,1591,6395,799

9,21313,15216,653

277866

3,883

5,2994,7639,222

37219

1,317

3,4721,9276,305

28671

235,889

22,05814, 3589,6118,4017,91310,27812,1103,8783,87040,3387,55314,25811, 531

40,161

3,5881,493918740742

4,2271,842786547

11,5512,438729190

19, 540

2,452403

1,975536894

2,6351,128873598

17,0642,273587

1,732

12,403

4381,652450760108840678010

1,342741950345

166,157 29,791 33,150 7,783

45,31427,16850,31619,51121,45020, 55522,33313, 600

3,8504,21913,0453,0473,3744,6203,4102,168

2,2392,4635,9052,5732,9084,1062,7031,723

9131,5691,948990

1,000913636

1,216

Total Middle Western States.. 220, 247 37,733 24,620 9,185

Total

9,82110,1675,621

46, 6556,233

26,194

104,691

77,11369,955

151, 3392,0317,555

307,993

28, 53617,90612,95410,4379,65717,98015,1475,6175,02570, 29513,00516,52413,798

236,881

52,31635,41971,21426,12128, 73230,19429,08218, 707

291,785


REPORT OF THE COMPTROLLER OF THE CURRENCY 43United States Government securities owned by national banks June 29, 1929—Con.



COUNTRY BANKS—continued

North Dakota . - _South Dakota..-. ,NebraskaKansas . >Montana, . . „ ,,WyomingColorado - _ - _New MexicoOklahoma

Total Western StatesWashington..Oregon . - .CaliforniaIdahoUtah „NevadaArizona-.. ._.

Total Pacific StatesAlaska (nonmember banks) __The Territory of Hawaii (nonmember

banks'}

Total (nonmsmber banks)—..Total country banks „ _Total United States _.

Bonds (in-cluding


6,3076,933

10,95317,0477, 5464,1439, 4563,748

21,146

87, 279

12, 3078,980

19, 9063,368

9071, 9833, 662

51,113

830

1,426

2, 256

846, 244

2, 004,173

Treasurynotes

2,1112,3871,3402,4602,4601,6351,4451,4755,890

21, 203

2,6611,8913,4391,596

14611

2,574

12, 318

50

50

157, 444

45::,988


ness

1,0501,0051,2833,2962,588

9711,326

4472,690

14,656

1,348691

2,46414235

386686

5,752

All other

193141396308

1,20016724776

981

3,709

151299

1,59411012431

1, 243

3, 552

...j 160

| 160

101, 601

248, 707

Total

9,66110,46613,97223,11113,7946,916

12,4745,746

30, 707

126,847

16,46711,86127,4035,2161,2122,4118,165

72, 735

1,040

1,426

2,466

38,109 i 1,143,398

96,992 j 2,803,860

INVESTMENTS OF NATIONAL BANKS

The tables following disclose a summary of the investments ofnational banks in United States Government and other bonds andsecurities held June 30, 1928, and June 29, 1929, and a detailed classi-fication by reserve cities and States of bonds and securities other thanUnited States owned on June 29, 1929. (In the appendix of thisreport appears also a table which discloses, by reserve cities andStates, a classification of bonds and securities other than UnitedStates owned by national banks on December 31, 1928):


Domestic securities:State, county, and municipal bonds „__ -Railroad bonds _ ___Other public service corporation bondsAll other bondsStock of Federal Reserve BankStock of other corporationsCollateral trust and other corporation notesMunicipal warrants..All other, including claims, judgments, etc „___...-

Foreign securities:Government bondsOther foreign securities, including bonds of municipalities, etc.

Total -United States Government securities...,

Total bonds and securities of all classes

June 30, 1928 June 29, 1929

840,461681,007742, 784

, 028, 20391,126105,211135,7000)82, 580296,490252, 719

4, 256, 2812, 891,167

7,147,448

757,207592, 203694,412881,35593, 012100,459119,01081, 88839,053

244, 269249,807

3,852,6752,803,86U

6,656,5S5

1 Included with claims, judgments, etc.


United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 29, 1929


Cities


New York .Chicago

Total central reserve cities.__


Boston _AlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashington.RichmondCharlotteAtlantaSavannahJacksonvilleBirmingham. _New OrleansDallasEl Paso.. . . . .Fort Worth.QaivestonHouston _San AntonioWacoLittle RockLouisville

UnitedStates

Govern-mentsecuri-

ties

467,14936, 512

503,661

94,0425,9823,9331,047

49,5310,326

11, 74723, 2075,2012,820

15,9751,730

17,0446,5425,333

26,6505,2279,6006,638

20,54010,3034,939

66515,404

Domestic securities

State,county,

andmunici-

pal bonds

42,55515,464

58,019

7,7944,845

80344

11,5973,4034,346

883972260979405

6,1631,9431,2041,816

3333,501

5041,698

825333

319

Railroadbonds

86,2013,735

89,936

8,6341,0362,718

30414,00426,5772,7742,0851,306

510168795441

68516446

1011,234

147214

1,248

Otherpublicservicecorpora-

tionbonds

29,8144,332

34,146

9,9432,4493,142

23215, 73614,3552,5962,478

303

786217647592

66762

120229711225169

1,761

All otherbonds

47,9377,173

55,110

13, 7912,4372,722

42313,89631, 7993,0174,858

942122

1,836592

2,93164539

2,932413

1,5911,3343,634

7111,240

4,027

Stock ofFederalreservebank

18,4542,361

20,815

3,21127030033

3,7322,037

50758823211736222520227015053475

21590

4792506315

308

Stock ofother

corpora-tions

15,2171,265

16,482

11,9102,069

198

1,4312,446

280185

1,0961,151

385295

102921111856435222

1,0653881110

117

Collateraltrust and

othercorpora-

tionnotes

26,244726

26,970

2,932173795

6,61211,3522,262

633266

60

36140

753

5529413821

504

Munici-pal

warrants

3,6399,635

13,274

168

30

1154

239158

5091,266

14310

340349

1,596

Allother,

includ-ing

claims,judg-

ments,etc.

114510

624

3,173

384347222

31

247101

391451162045

I

Foreign securities

Govern-mentbonds

26,034980

27,014

1,0651,156

214168

5,2642,7121,478

198104

216514814960

379

26917053721495

Otherforeign

securities,includingbonds ofmunici-palities,

etc.

23,1632,319

25,482

6,407168

1,036215

3,3334,6791,588

57917

2559368

163

12316

16019081080

10975

Totalbonds,stocks,securi-

ties, etc.,otherthan

UnitedStates

319,37248,500

367,872

68,86014,77111,2121,424

75,98999, 73718,87012,4895,2381,6535,4952,144

11,3874,8051,5048,6223,1176,2682,964

10,6913,2102,234

1019,880

Total,all bondsand se-curities

786,52185,012

871,533

162,90220,75315,1452,471

125, 520210,06330,61735,69610,4394,473

21,4703,874

28,43111,3476,837

35,2728,344

15,8689,602

31,23113,5137,173

76625,284


Memphis . , . . .Nashville-CincinnatiCleveland...ColumbusToledo ..IndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar EapidsDes MoinesDubuque __.Sioux CityKansas City, M o . . .St. JosephSt. LouisLincolnOmahaKansas City, Kans..Topeka___WichitaHelenaDenver...Pueblo..MuskogeeOklahoma CityTulsaSeattle—.SpokanePortland..Los AngelesOakland _.San FranciscoOgden ._Salt Lake City

Total other reserve cities. 1,156,801

4, 7454,8829,628

14,8856,8353,521

10,85110,2895,775

24,1141,447

15,48237,31023,3182,1334,4901,7544,026

11, 5902,876

19, 8132,726

12,8562,8394,8402,925

94720,1881,6114,223

13,74010,39826,7484,687

35,13899,9783,376

229,5381,6584,195

1,6343,4165,0404,1721,774

1441,1778,2071,2283,911

992,106

4501,4132,3741,565445

5,635172

8,483441

3,379381

2,9737,321

6,5451,9551,41310,8052,7231,736321

12, 69146,6174,02443,612

661,162

263,2Q9

Total all reserve cities ;1,660,462 321,228

10534999443977381301

3,973827749121457

7,0113,094278808479466

1,954258

3,729370

2,870292412057

2,4397106051522

4,012178

3,7641,653

243,100182

" 827

114,149

204,085

5081,218

631,103300

1,5938,1991,2441,457

291,0052,366771

1,7041,510716589723133

4,669413

1,94669446

1,117

797590

1,793235

4,0754,061106

5,16957

365

110,417

2331,2933,4644,2634,010266

1,4286,4701,8712,463571

2,2335,2712,1861,4152,263871

1,4791,955508

6,9101,1131,737642478147424

97143

1,0183,6282,767627

2,11921,443

16922,711

317642

211,420

144,563 266, 530

54329417295311693243081828406363962231855132308334461

85363

248395711125299523622628448572

3172,191116

4,0622995

29,379

50,194

1109

39411

8711,107

20747

1,0142191

32850

193

3711,078

6071

58

1099955

9035979933

2,191354

1,225

53,353

69,835

1,15987331781014466640

1,01612118

85217

84144

1,13847198

116638

1,503113

14125

309

159

35,151

24

110

183241270302641359

2244725209180262874

4,96280461119

1,2571

1,480

16, 539

62,121 I 29,813

174

68012414

2032444521

419

1114

17957810

995

381,21612131017

230

220

'"55"

9,877

309283

1,326118

3581,16656915467215

1,72656321217775509413295

2,310612

1,071

16042155568117355471331

1,085485

3,2542,354117

6,350170492

18192

1,43761986248

1,2192,04056545597157

1,6131,223

5296

222489184626279656

126

1441,956

948510015682840

1,6301,115

975,418

55

44,116 45,310

10, 501 71,130 70, 792

2,2616,77915,08811,4149,8911,5278,09532,3576,65111,4551,1307,988

25,5148,6075,3829,0703,7484,15917,9701,718

39,9483,76112,4431,1654,4847,7081,07519,9485,3142,29715,64813,36613, 7152,12828, 01983,1984,654

1,1755,077

7,00611,66124, 71626,29916,7265,04818,94642,64612,42635,5692,57723,47062,82431,925

7,51513, 5605,5028,185

29,5604,594

59, 7616,487

25, 2994,0049,324

10,6332,022

40,1366,9256,520

29,38823, 76440, 4636,815

63,157183,176

8,030323, 866

2,8339,272

932,920 2, 089, 721

1,300,792 2,961,254

o

Ox


United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 29, 1929—Continued[In thousands of dollars]

States and territories

UnitedStates

Govern-mentsecuri-

ties

Domestic securities

State,county,

andmunici-

pal bonds

Railroadbonds

Otherpublicservicecorpora-

tionbonds

All otherbonds

Stock ofFederalreservebank

Stock ofother

corpora-tions

Collateraltrust and

othercorpora-

tionnotes

Munici-pal

warrants

Allother,

includ-ing

claims,judg-

ments,etc.

Foreign securities

Govern-mentbonds

Otherforeign

securities,includingbonds ofmunici-palities,

etc.



UnitedStates


COUNTRY BANKS

MaineNew HampshireVermontMassachusettsRhode IslandConnecticut


New YorkNew JerseyPennsylvaniaDelawareMaryland -


VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama -MississippiLouisiana -TexasArkansasKentuckyTennessee


9,82110,1675,621

46,6556,233

26,194

3,646639502

4,565386

2,126

6,3932,4312,78217,8861,71911,756

18,2506,8506,25145,5006,13612,661

12,7153,9586,046

2,2929,408

415318260

1,728289

1,310

258164116

2,340321522

2,266497

1,5013,773832

1,113

40

14280

17624

294

80

5,3771,0563,0218,750591

4,6801,2662,39510,940

9214,282

54,21617, 20323,024132,82513,48747,249

64,03727,37028,645179,48019,72073,443

104,691 11,864 42,967 71,388 4,320 3,721 9,982 271 582 22,777 24,484 288,004

77,11369, 955151,3392,0317,555

35,77339, 57930,642

6073,383

78,94055,345113,5661,3045,960

97,79853,934123, 5701,7589,885

83,27544,788139,0722,08511,904

3,7263,3657,621123415

2,8253,0223,964

55317

7,0372,48411,906

403

2,0682,9958779795

307,993 109,984 255,115 286,945 281,124 15,250 10,183 22,736 6,132

28,53617,90612,95410,4379,65717,98015,1475,6175,02570,29513,00516,52413,798

3,7741,0354,1555,720440

13,0296,5778,3311,72710,1435,0242,0946,308

1,5892,150284320334

2,9111,932459112

1,793536

3,346

2,8593,707496876905

2,0402,190561261

1,902697

4,797783

8,0088,7372,5945,2911,2524,2155,1982,516599

8,0531,8908,0433,435

1,338765649441417577668334313

2,202314715

1,158968425872202

3,028111116873529118156

1,663355

1,32216301152542646508

605177

1772618817536123728417

2203,787659639

1,211

236,881 68,357 16,446 22,074 59,831 9,401 9,044 5,117 8,116

7041,8752,292

2264

31,37116, 65035,016

6142,678

41, 28215, 78833,980

3463,508

384, 799239, 825502, 5067,39439,315

461,912309,780653,8459,42546,870

5,137 86,329 94,904 1,173,839 1,481,832

1,34842616241156360661683170

1,142329752655

1,6871,678247419414

1,746920456176

1,344691

2,136707

1,7051,352444155324954

1,33153641817311

1,413682

25,30621,43410,72014,5264,83529,21220,12614,0354,53832, 22010, 56924,69615, 794

53,84239,34023,67424,96314,49247,19235, 27319,6529,563

102,51523,57441,22029,592

6,939 12,621 10,065 228,011 464,892


Ohio... .IndianaIllinois...MicMganWisconsin _ _ .MinnesotaIowaMissouri

Total Middle Western States.

North DakotaSouth Dakota - - -Nebraska. __- _ .KansasMontana « . __ _WyomingColoradoNew MexicoOklahoma


WashingtonOregonCalifornia _Idaho .UtahNevada . 'Arizona. _


Alaska (nonmember banks)The Territory of Hawaii (nonmem-

ber banks) _

Total (nonmember banks). _ _

Total country banks

Total United States

52,31635,41971,21426,12128,73230,19429, 08218, 707

291, 785

9,66110,46613,97223,11113, 7946,916

12,4745,746

30, 707

126,847

16, 46711,86127,403

5,2161,2122,4118,165

72, 735

1,040

1,426

2,466

1,143, 398

2,803,860

30,3997,705

26,58624,17612, 55218,3374,2217,832

131,808

2,8215,1621,614

12, 6683,1521 5295,0081,852

19, 933

53, 739

11,8246,669

35, 2971,898

2651,5671,328

58,848

70

1,309

1,379

435, 979

757, 207

11,5589,1608,6127,4025,5308,1083,7221,600

55, 692

1,040856

1,060431

1,713635

1,549369446

8,099

4,892699

3,079407

75252229

9,633

123

43

166

388,118

592, 203

11,18116, 70420, 88520,42320.14S10,0248, 0553,808

111, 228

2,7922,0531,258

8502,622

4112,765

452994

14,197

5,3831,855

11,257460118228281

19, 582

175

175

549,849

694,412

27,00414, 77728, 61523,28019,13818,10010, 0814,508

145, 503

4,8144,4992,8923,0743,8051,7765, 3772,1083,558

31, 903

6,8982,298

12, 5711,063

304475761

24, 370

252

454

706

614, 825

881,355

2,1001,2221,958

923890853736408

9,090

252207361609224117322

95556

2,743

449286992118366469

2,014

42,818

93,012

1,042757

1,14436456324167372

4,856

874763

25514619

45561

115

1,248

20446

8928412

134

1,372

200

200

30, 624

100, 459

1,7502, 5864,6061,2983,0912,072

561144

16,108

56160292181144

216176127

1,352

61550

782100

101

10

1,568

26

26

56,889

119, 010

429202

6,429232205

8,209742266

16, 714

828809487

2,4601,374

7511,222

326,416

14,379

1,5792,004

5101,213

319

1,006

6,352

23

88

111

52, 075

81,888

797747

4,451216•638850

2,275234

10, 208

64847340949926827856680

1,323

4,544

31022932617947

51

1,142

28,552

39, 053

8,4273,8766,1985,5664,5834,6412,562

872

36, 725

1,199705

1,3291,2551,393

111931

731,002

7,998

2,8621,1351,806

42374

22068

6, 588

101

101

173,139

244, 269

11,3173,3436,7975,7673,7933,7672,1151,235

38,134

1,780771

1,248451878218518146499

6,509

2,195577

1,698237

2212720

4,876

43

43

179, 015

249,807

106,00461,079

116,28189, 64771,13175,20235, 74320,979

576, 066

16,31715, 74211,01322, 73315, 7195 845

18,9295,444

34, 969

146, 711

37, 21115,84869, 2106,182

9943,0773,823

136, 345

813

2,094

2,907

2, 551,883

3,852, 675

158,32096, 498

187, 495115, 76899,863

105,39664,82539,686

867,851

25, 97826, 20824 98545,84429, 51312 76131,40311 19065, 676

273, 558

53 67827, 70996, 61311, 3982 2065,488

11, 988

209, 080

1,853

3,520

5,373

3, 695, 281

6, 656,535


48 EEPOBT OF THE COMPTROLLER OF THE CUBBENCY

PER CAPITA INDIVIDUAL AND SAVINGS DEPOSITS IN ALL REPORT-ING BANKS

Statement showing the population, amount of individual deposits,per capita individual deposits, amount of savings deposits, and percapita savings deposits reported by all banks in each state, the Dis-trict of Columbia, Alaska, and insular possessions follows:

Per capita individual and savings deposits in all reporting banks June B9t 1929

States and Territories Population(approximate)

Individualdeposits i

Per cap-ita indi-vidual

deposits

Savingsdeposits a

Per cap-ita sav-ings de-posits

MaineNew Hampshire _VermontMassachusettsKhode Island—Connecticut

Total New England States...

New YorkNew Jersey ,Pennsylvania- > ,DelawareMaryland _District of Columbia


Virginia....West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama ,MississippiLouisiana. _Texas _ArkansasKentuckyTennessee


OhioIndianaIllinoisMichiganWisconsinMinnesotaIowaMissouri


North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma


789,000458,000357,000

4,245,000690,000

1,646,000

$394,230,000278,262,000240,701,000

3,821,582,000496,608,000

1,212,197,000

607. 56674.23900. 25719.72736.45

$315,421,000236,098,000210,665,000

2,658,208,000353,940,000883,361,000

8,185,000 | 6,443,580,000

11,695,0003,930,0009,790,000250,000

1,635,000550,000

787.24 4,657,693,000 |

14,429,968,0002, 266,407,0004,842,085,000

137,925,000775,282,000244,434,000

1,233.86576. 69494.59551.70474.18444.43

6,727,939,0001,233,347,0002,668,743,000

60,881,000485,931,00095,032,000

32,210,000

6, 655, 0003,175,0007, 360,0004, 542, 0002,955, 0002,700, 0002, 535, 0003,490,000

33,412, 000

670,000702,000

1, 405,0001,848, 000715, 000235, 000

1,080,000400,000

2, 415, 000

9,470, 000

27,850,000 22,696,101,000

2, 555, 0001, 680, 0002,980,0001,855, 0003,160,0001,335, 0002,560,0001,795,0001,945, 0005,400, 0001,910, 0002, 545, 0002,490, 000

814.94 11,271,873,000

450,764,000328,230,000331,700,000166,018,000305,146,000305, 769, 000252, 670, 000211,244,000382,014,000

1,016,978,000197,428,000433,726,000408,943,000

176.42195. 38111.3189. 5096.57229.0498.70117. 68196.41188. 33103. 37170. 42164. 23

243,784,000161, 546,000154,482, 00084,827,000142,161,000121,858,000112,235,00098, 345,000130,143,000211,130,00073,060,000146,993,000172,723,000

4, 790, 630,000 148. 73 1,853,287,000

2, 555,167,000824,951,000

3, 586, 939,0001,977,359, 000902,489,000888,408,000816, 646,000

1,092,148, 000

259. 83487. 36435. 35305. 41329. 04322.15312. 94

1,385,964, 000404, 770,000

1,470, 694,0001, 095, 609, 000529,102, 000505,639, 000480,844,000373,938,000

12, 644,107, 000 378. 43 6,246,560,000

120, 003,000146, 876,000385, 568, 000410,404, 000156,101,00059, 489,000277,498,00042,042, 000

422, 230, 000

179.11209.23274. 43222. 08218. 32253.14256. 94105.11174.84

64,062, 00065,272,000163,033,000103,087,00071, 508,00024,422,000112,279, 00010,457, 00085, 641,000

2, 020, 211, 000 213. 33 699, 761,000

$399.77515.50590.10626.20512.96536.67

569.05

575.28313.83272.60243.52297.21172. 79

404. 74

95.4196.1651.8445.7344.9991.2843.8454.7966.9139.1038.2557. 7669.37

57.54

208. 26127.49199. 82241.22179.05187. 27189.68107.15

18a 96

95.6192.98116.0455.78100.01103.92103.9626.1435.46

73.89

1 Includes postal savings, Christmas savings, and other savings reported in column 4*2 Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not include

postal savings or Christmas savings accounts.)


REPORT OF THE COMPTROLLER OF THE CURRENCY 49Per capita individual and savings deposits in all reporting banks June 291 1929—

Continued


WashingtonOregonCaliforniaIdaho - >.- .UtahNevada* »_Arizona


AlaskaThe Territory of HawaiiPorto RicoPhilippines -

Total possessions

Total United States andpossessions _

Population(approximate)

1,580, 000890,000

4,605, 000532,000528,00080,000

445, 000

8,660,000

91,000320,000

1,400, 00011,250,000

13,061,000

132,848,000

Individualdeposits

$440,817,000259,941,000

3,279,097,00083,212,000

131,460,00043,257,00090,857,000

4,328,641,000

12, 335,00083,392,00035,494,00083,290,000

214, 511,000

53,137,781,000

Per cap-ita indi-vidual

deposits

$279.00292. 07712. 07156. 41248. 98540. 71204.17

499.84

135. 55260. 6025.357.40

16.42

399.99

Savingsdeposits

$204,812,000118,421,000

1,904, 709,00031,872,00073,641,00023,281,00034,437,000

2,391,173,000

5,347,00034,473,00014,021,00024,132,000

77,973,000

27,198,320,000

Per cap-ita sav-ings de«posits

$129.63133.06413.62

59.91139.47291.0177.39

276.12

58.77107.7310.022.15

5.97

204.73


Savings deposits and depositors in all reporting hanks in the United States and possessions, according to class of banks, on or about June 29, 1929

[Deposits in thousands of dollars]

OrO

State or Territory

MaineNew HampshireVermontMassachusettsRhode Island....Connecticut _ _

Total New EnglandStates _ _

New York..New JerseyPennsylvaniaDelawareMaryland—District of Columbia

Total Eastern States-

VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexasArkansas .__„Kentucky.Tennessee—

Total Southern States-

State (commercial) banks

Depositsevidencedby savingspass books

2,673

2,673

' 426,15838,096

234,8377,476

87,793

794,360

70,95957,74058,33727,79036, 72923,87644,01133,95383, 72211, 74627,13762,13943,539

581,678

Time cer-tificates of

deposit

276

276

27,230815

20, 391273

48, 709

30, 72527, 53038, 54011,57126,0904,872

30,36925,57520,85216, 728

36,859

269,711

Totalsavings

deposits i

2,949

2,949

453,38838,911

255, 2287,749

87,793

843,069

101,68485,27096,87739,36162,81928, 74844,01164,322

109,29732,59843,86562,13980,398

851,389

Depositors2

6,248

. 6,248

1,098,02197,307

571,92115, 990

250, 308

2,033, 547

3 191, 7812.19,402317,307108,635151,73365,051

3 110,0283 76,241

3 167,44446,81875,926

288,9173 153,137

1,972,420

Loan and trust companies


109,940

69,878235,373159,987148 140


deposit

1,882102

48,1467,710fi. SSfi

723,318

797,535524,143804,309

18,824102,80827,169

2, 274,788

16,531

16,531

64,696

82,90612,56075,612

222

1,666

172,966

4,786

4,786

Totalsavings

deposits 1

111, 822102

69,878283,519167,697154 996

Depositors?

405,472

162, 788509,934188, 286441 1QO

788,014

880,441536, 703879,921

19,046102,80828,835

2,447,754

21,317

1,707,670

1,389,3041,189,3511,893,193

52,136210,431121,188

4,855,603

52,055

21,317 52,055

Private banks


7,167

7,167

5,0081,3102,304


deposit

13

5

8,622 | 18

237

224

3,285

3,746

366525

54035

1,466

Totalsavings

deposits 1

7,167

7,167

5,0211,3102,3C9

8,640

237

366749

3,82535

5,212

Depositors2

18, 583

18, 583

81,1485,1614,562

90,871

3 641

778

17,028

18,447


OhioIndiana -Illinois]VIichijjanWisconsinMinnesota -IowaMissouri


North DakotaSouth DakotaNebraska.Kansas . -

TVvoniincrColor&doNew MexicoOklahoma

Total Western States..

WashingtonOregon

IdahoUtahNevadaArizona


AlaskaThe Territory of HawaiiPorto RicoPhilippines

Total possessions

Total United Statesand possessions

881,474^ 52,531959,115716,851152,47350, 32627,371

* 151, 712

2,991,853

2,4714,543

13,02910,36318,9105,7168,4171,1625,248

69,859

42,66524, 354

8,62429,2078,302

21,340

134,492

3,20727,00812,95317,235

60,403

4,635,318

134,27455,666

184,223105,465162,238137,93170, 767

850,564

25,91332,43896, 53640,18514,7965,8845,677

82114,421

236,671

12,9158,791

7,7995,349

7714,507

40,132

4986,4581,0686,897

14,921

1,460,984

1,015,748108,197

1,143,338822,316314, 711188,25798,138

151, 712

3,842,417

28,38436,981

109,56550,54833,70611,60014,094

1,98319,669

306,530

55, 58033,145

16,42334,5569,073

25,847

174,624

3,70533,46614,02124,132

75,324

6,096,302

2,342,5623171, 731

3,857,0303 2,195, 224

929, 715281,451109, 698

«170,675

10,058,086

22,94335,94595,29929,361

3 71,63016,148

3 20,9413,520

29,900

325,687

149,07193,864

35,880103, 3928 12,479

47,154

441,840

5,350137, 72954, 752

374,169

572,000

15,409,828

85,428

3,75618, 5953,914

< 121, 730

233,423

5411,069

168

11,8971,091

14, 766

8791,016

1,895

3,264,721

33,304

3,9226,3052,454

45,985

367658

1,163

726245

3,159

231

121

352

226

226

292,170

118,732

7,67824,9006,368

121, 730

279,408

9081,727

1,331

12,6231,336

17,925

231

1,0001,016

2,247

226

226

3,556,891

8 279,277

20,35159, 29818.907

8136,948

514, 781

9503,219

428

3 29,5962,607

36,800

14, 5723 1, 705

16,277

7,183,186

2,5702,032

2,027

1,165«11

7,805

18

234

54

27,394

4,9006,473

688

5,066

17,127

470

103121

19

713

19,324

7,470'8,505

2,715

6,23111

24,932

488

105155

19

767

46,718

13,7753 6,643

9,084

4,1003 12

33,614

210

77S346

633

162,148

* Excludes postal savings and Christmas savings accounts, etc.2 Represents number of savings pass book accounts.

3 Estimated.* Includes time certificates.


Savings deposits and depositors in all reporting banks in the United States and possessions, according to class of banks, on or about June 29,1929-Continued


State or Territory

MaineNew HampshireVermont . .Massachusetts . . . . . . .__Rhode IslandConnecticut __.


New YorkNew JerseyPennsylvania . . _.DelawareMaryland _•District of Columbia

Total Eastern States...

VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippi _LouisianaTexasArkansas. „Kentucky.Tennessee

Total Soutkern States..

Stock savings banks


24,800

20,861

45,661

1,099

2,552

3,651


deposit

2,756

2,756

87

439

526

Totalsavings

deposits 1

•

24,800

23,617

48,417

1,186

2,991

4,177- —

Depositors

40,349

130,069

170,418

3,930

8 5,730

9,660

Mutual savings banks


113,402» 215,759

98,5762,035,257

167,949624,832

3, 255, 775

4,463,046173,723

« 440,72724,641

194,199

5,296,336


deposit

95

95

Totalsavings

deposits *

113,402215,75998,576

2,035,257167,949624,832

3,255,775

4,463,046173,818440,727

24,641194,199

5,296,431

Depositors2

225,782334,930127,961

2,973,468196,386904,981

4, 763,508

5,116,151460, 525542,029

47,691325,148

6,491,544

Total all banks other than national


223,342215,759168,454

2,270, 630330,609780,139

3,988,933

5,691,747762,072

1,482,17750,941

884,80048,030

8,419,767

71,19657,74058,33727,79036,95341,50644, OU36,50583, 72215,03127,13762,13943,539

605,608


deposit

1,882102

48,1467,9866,856

64,972

110,14913,47096,008

495

4,422

224,544

30,72527,53038,54011,93726, 6159,745

30,80825,57521,39216,763

36,859

276,489

Totalsavings

deposits i

225,224215,861168,454

2,318,776338, 595786,995

4,053,905

5,801,896775, 542

1,578,18551, 436

384,80052,452

8,644, 311

101,92185,27096,87739, 72763, 56851,25144,01167,313

109,29736,42343,90062,13980,398

882,095

Depositors2

631,254334,930290,749

3,483,402390,920

1,364,754

6,496,009

7,684,6241, 792,6933,011, 705

115,817785,887251,257

13,641,983

3192,422219,402317, 307108,635152,511121,036

8110,0283 81,971

2167,44463,84675,926

288,917»153,137

2. AS2. .582

Oxto

I

ao

c


Ohio -IndianaIllinoisMichiganWisconsin __Minnesota -IowaMissouri

Total Middle WesternStates...

North DakotaSouth DakotaNebraskaKansasMontana

ColoradoNew Mexico - _ _Oklahoma

Total Western States __

Washington >OregonCaliforniaIdahoUtahNevadaArizona



Total possessions


17,755

147,688

165,443

2,593

2,593

1077 876,077

23,9014,830

904,915

1,122,263

824

99,587

100,411

400

400

346

333

679

104,772

18,579

247,275

265,854

2,993

2,993

453876,077

24,2344,830

905, 594

1,227,035

19,179

428,229

447,408

12, 298

12, 298

6211, 587, 274

63, 562» 4,288

1, 655, 745

2,295,529

104,03724,156

8,55071,794

208,537

53, 739

75, 527

129, 266

8,889,914

429349

3

781

104,46624, 505

8, 55071, 797

209,318

53,739

75, 527

ji

129, 266— =

: : : : : : : : : : : : : :

S76 8,890, 790

128,4968 39,563

20,968141, 063

330, 090

93, 074

69,869

162,943

11, 748,085

988,081164,147959,115736,633164, 779140, 715180,138273,453

3,607, 061

3,0125,630

15,62210,53318,9445,716

20, 3142,2535,248

87, 272

96,40424,461

951, 6048,624

53,98714,14821, 340

1,170, 568

3,20727,00812,95317, 235

60,403

17,939,610

139,60395, 792

184,223106,977166,160144, 239177,874

1,014,868

26,28033,56696,93641,45114,9175,8846,4031,085

14,421

1,127,684259,939

1,143,338843,610330,939284,954358,012273,453

4, 621,929

29,29239,196

112,55851,98433,86111,60026,7173,338

19,669

240,943 | 328,215

13,1469,137

7,7995,803

7714,507

41,163

4986,6841,0686,897

15,147

1,878,126

109,55033,598

951,60416,42359,79014,91925,847

l r 211, 731

3,70533,69214,02124,132

75, 550

19,817,736

2,484,833s 497,214

3,857,0302,223,487

971,034481,812560,934

« 307,635

11,383,979

23,89339,374

107,59729,866

3 71,97616,148

» 50, 5376,127

29,900

375,418

242,14594,485

1, 657,14335,880

181, 526s 18,472

47,154

2, 276,805

5,350137, 72954, 752

374,169

572,000

36,798,776

1 Excludes postal savings and Christmas savings accounts, etc.2 Represents number of savings pass book accounts.*Estimated.«Includes business of 11 guaranty savings banks and savings departments of 11 trust companies*6 Includes 1 stock savings bank with capital stock of $10,200.* Includes savings business of departmental banks.

OrCO


Savings deposits and depositors in all reporting banks in the United States and possessions, according to class of banks, on or about June 29, 1929—Continued

Ox


State or Territory

National banks



deposit

Totalsavings

deposits lDepositors

All banks other than national



deposit

Totalsavings

deposits iDepositors

Total all reporting banks



deposit

Totalsavings

deposits *Depositors3

MaineNew Hampshire.VermontMassachusetts. _.Rhode IslandConnecticut


New YorkNew JerseyPennsylvaniaDelaware .MarylandDistrict of Columbia..


VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisiana—TexasArkansasKentuckyTennessee...

Total Southern States..

87,55417,98240,558

311,71113,68185,126

556,612

858,918443.828948,7309,22897,00838, 273

2,395,985

104,92655,78434,92138,40666,57860,39859,17420, 57215,696143,36318,67345,83453,598

717,923

2,6432,2551,653

27,7211,66411,240

90,19720,23742,211339,43215,345

165,41750, 77283,953714,64313,321182, 639

223,342215,759168,454

2,270,630330,609780,139

1,882102

48,1467,9866,856

225,224215,861168,454

2,318,776338,595786,995

631,254334,930290,749

3,483,402390,920

1,364,754

310,896233,741209,012

2,582,341344, 290865, 265

4,5252,3571,653

75,8679,65018,096

315,421

210, 6652,658, 208353,940883,361

47,176 603,788 1, 210, 745 3,988,933 64,972 4,053,905 6,496,009 4, 545, 545 112,148 4, 657,693

67,12513,977141,828

2174,1234,307

926,043457,805

1,090, 5589,445

101,13142,580

1,913,0811,001,7921,990, 296

12,005166, 24184,475

5,691,747762,072

1,482,17750,941

384,80048,030

110,14913,47096,008

495

4,422

5,801,896775,542

1,578,18551,436

384,80052,452

7,684,6241,792,6933,011,705115,817785,887251,257

6,550,6651, 205,9002,430,907

60,169481,808

177,27427,447237,836

7124,1238,729

6,727,9391, 233,3472,668,743

60,881

231,577 2, 627,562 5,167,890 8,419,767 224,544 8,644,311 13,641,983 10,815,752 456,121 11,271,873

36,93720,49222,6846,69412,01510, 2099,05010,4605,150

31,34410,48739,02038,727

141,86376, 27657,60545,10078,59370,60768,22431,032

174,70729,16084,85492, 325

284,055164,467134,14181,633248,508178,357146,47946,19431,700

316,30844,512117,976151,610

71,19657,74058,33727,790

41,50644,01136,50583,72215,03127,13762,13943,539

30,72527,53038,54011,93726,8159,745

25, 57521,39216,763

36,859

101,92185,27096,87739,72763,56851,25144,01167,313109,29736,42343,90062,13980,398

3 192,422219,402317,307108,635152, 511121,036

3 110,02881,971

3167,44463,84675,926288,917

3153,137

176,122113, 524

103,531101,904103,18557,07799,418158,39445,810107,97397,137

67,66248,02261,22418,63138,63019,9549,050

41, 26830,72552, 73627, 25039,02075,586

243,784161,546154,48284,827142,161121,858112, 23598,345130,143211,13073,060146,993172,723

253,269 971,192 1,945,940 605,606 276,489 882,095 2,052, 582 1,323,529 529,758 1,853,287

796,671385,702374, 702

4,198, 045404,241

1, 547,393

7, 706,754

9, 597,7052,794,4855,002,001127,822952,128335,732

18,809,873

476,477383,869451,448190,268401,019299,393256, 507128,165199,144380,154120,438406, 893304, 747


s

OhioIndianaIllinoisMichigan..Wisconsin..Minnesota.IowaMissouri. __

ITotal Middle Western

States...

North Dakota-South Dakota...

, Nebraskaor Kansas

MontanaWyomingColorado .New Mexico. __Oklahoma


Washington..OregonCaliforniaIdahoUtahNevadaArizona



Total possessions


184,93386, 775

234,358217, 327136, 576140,36661,85364, 539

1,126, 727

12,1277,997

18,92519, 59322, 0977,857

70,4043,623

38,311

200,934

81, 57273,529

897,94810,22811,1427,9957,183

1,089, 597

1,448411

1,859

6, 089,637

73,34758,05692 99834, 67261, 58780,31960,97935,946

497, 904

22,64318,07931, 55031,51015, 5504,96515,1583,49627, 661

258,280144,831327,356251,999198,163220, 685122,832100,485

1,624,631

34,77026,07650,47551,10337,64712,82285, 5627,11965,972

170,612 371, 546

13,69011, 29455,1575,2212,709367

1,407

89,845

194370

564

1, 290,947

95,26284,823953,10515,44913,8518,3628,590

1,179,442

1,642781

2,423

7,380,584

563,022283, 676938, 742592 864,511,987495,744218,626272,589

3,877, 250

51,00338 283,145,094102,91647,55221,492175,15511,622116,508

709,625

233,777189,960

1,993,36029,94537,2629,36717,075

2,510,746

2,5422,601

5,143

15,427,339

,164,147959,115736, 633164, 779140, 715180,138273,453

3, 607,061

3,0125,63015,62210, 53318,9445,71620,3142,2535,248

87,272

96,40424,461951,6048,62453,98714,14821,340

1,170, 568

3,20727,00812,95317, 235

60,403

17,939,610

139,60395,792184, 223106, 977166,160144, 239177,874

1,014,868

26, 28033, 56696,93641, 45114, 9175,8846,4031,08514,421

240,943

13,1469,137

7,7995,803771

4,507

41,163

4986,6841,0686,897

15,147

1,878,126

1,127,684259, 939

1,143,338843, 610330, 939284,954358,012273,453

4, 621, 929

29,29239,196112,55851, 98433,86111, 60026, 7173,33819,669

328, 215

109, 55033, 598951,60416,42359, 79014,91925,847

1, 211,731

3,70533,69214,02124,132

75, 550

19,817, 736

2,484,8332 497,2143,857,0302, 223,487971,034481,812560,934

3 307,635

11, 383,979

23,89339,374107,59729,866

3 71,97616,14850,5376,12729,900

375,418

242,14594,485

1,657,14335,880181, 52618,47247,154

2,276,805

5,350137, 72954, 752

374,169

572, 000

36,798, 776

1,173,014250,922

1,193,473953,960301,355281,081241.991337.992

4, 733, 788

15,13913,62734,54730,12641,04113, 57390,7185,876

43, 559

177,97697, 990

1,849, 55218,85265,12922,14328, 523

2,260,165

4,65527,41912,95317, 235

212,950153,848277, 221141, 649227, 747224, 558238,85335,946

1, 512, 772

48,92351,645128,48672,96130,46710,84921, 5614,58142,082

411, 555

26,83620,43155,15713,0208,5121,1385,914

131, 008

6927,0541,0686,897

1,385,964404,770

1,470,6941, 095, 609529,102505,639480,844373,938

6, 246, 560

64,06265,272163,033103,08771,50824,422112,27910,45785, 641

699,761

204, 812118, 421

1,904,70931,87273,64123,28134,437

3,047,855780,890

4,795,7722,816,3511,483,021

977, 556779,560580,224

15, 261, 229

74,89677,657

252,691132,782119, 52837,640

225, 69217,749

146,408

1,085,043

475,922284,445

3,650,50365,825

218,78827,83964,229

2,391,173 | 4,787,551

5,34734,47314,02124,132

62, 262 15,711 7,973

24, 029, 247 3,169,073 27,198,320

7,892140,330

54, 752374,169

577,143

52,226,115

* Excludes postal savings and Christmas savings accounts, etc.a Represents number of savings pass book accounts.8 Estimated.

Or



EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS

A comparative statement of the earnings, expenses, and dividendsof national banks for fiscal years ended June 30, 1928 and 1929, andstatements showing the capital, surplus, and the earnings, expenses,etc., of these associations in reserve cities and States and Federalreserve districts June 30, 1929, follow. (Similar tables for the6-month periods ended December 31, 1928, and June 30, 1929, arepublished in the appendix of this report.

EarningSj expenses, and dividends of national banks for the fiscal years endedJune 80, 1928 and 1929


June 30, 1928(7,691 banks)

June 30, 1929(7,536 banks)

Capital stock...Total surplus fund _Dividends declared

Gross earnings:Interest and discount on loans _Interest (including dividends) on investmentsInterest on balances with other banksDomestic exchange and collection chargesForeign exchange department __.Commissions and earnings from insurance premiums and the negotiation

of real-estate loansTrust departmentProfits on securities soldOther earnings.

Total

Expenses paid:Salaries and wagesInterest and discount on borrowed moneyInterest on bank deposits.-Interest on demand deposits ..Interest on time deposits _Taxes ,Other expenses

Total. _

Net earnings .,Eecoveries on eharged-off assets:

Loans and discountsBonds, securities, etcAllother _

Total...

Losses and depreciation charged off:On loans and discountsOn bonds, securities, etcOn banking house, furniture, and fixturesOn foreign exchangeOther losses - _.

Total.

Net addition to profits_.__ _

1,593,8561,419,695205, 358

817, 231311,33826,60117,32513,437

16,16559,32881,982

1,344,406

262,60918, 61257,282129,005

68,750155,405

957,661

386, 745

19, 5197,3299,621

423, 214

92,10629,19118,150

18113,428

153,056

270,158

1, 627,3751,479,052222, 672

894,032320,41622,86218,06912,439

89620,68335,085100,103

1,424,485

271,80535,54846,462126,742281,01265,967159,346

437, 603

18,1497,828

473,246

86,81543,45825,132

24015,797

171,442

301,804


Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1929[In thousands of dollars]

Location

Maine. _ . .. .New HampshireVermont-.*Massachusetts

Boston -Rhode IslandConnecticut-.

Total New England States _

New York 1Brooklyn and Bronx _BuffaloNew York City-

New JerseyPennsylvania

PhiladelphiaPittsburgh

DelawareMaryland...

BaltimoreWashington, D. C „


Virginia 2

West Virginia - .North Carolina

Charlotte ._.

Num-ber ofbanks

535646

145101064

384

523153

21299820

30111775

712

1,833

164116685

Capital

7,2205,5005,260

29,03856,3504,520

22,502

130, 390

66, 5207,050

750280,425

55, 50196, 24837,75028,4501,6295,6598,700

10, 775

599,457

29,64313,83513, 0651,800

Surplus

6,8155,1473,429

28,40342,680

5,13521,317

113,016

67, 7053,765

325357,02556,819

157,90587,91239,4502,4828,3018,2008,825

798, 714

21,95211, 3227,8382,100

Capitaland sur-

plus

14,03510,6478,689

57, 53199,030

9,65543,819

243,406

134, 22510,815

1,075637,450112, 320254,153125, 66267,9004,111

13, 96016, 90019,600

1, 398,171

51, 59525,15720,y03

3,900

Gross earnings

Interestand dis-count

on loans

4,4172,6042,436

17,25432,010

1,92311,653

72,297

39,8522,155

766129,03032.80752,71627,48013,269

6813,9085,4115,718

313,793

15,9077,7707,0371,018

Interest(includ-ing divi-dends)

oninvest-ments

3,5511,3801,4899,6085,917

9723,807

26, 724

27,640833278

44,29016,60434,160

6,37910,779

6052,4971,4301,366

146,861

2,4071,497

79.1139

Inter-est onbal-

anceswithotherbanks

765936

206967

25175

1,544

6541910

556330

1,055553365

115392

124

3, S22

274196201

12

Domes-tic ex-changeand col-lectioncharges

283628

191102

1299

496

42655

3,21423141916860

7283831

4,632

23264

36012

Foreignexchangedepart-ment

121

15559

521

604

2118

Commis-sions andearningsfrom in-surancepremi-

ums andthe nego-tiation of

realestateloans

11

6,5444078

797153

166

7,673

115

3

13

2

26

4

Trustdepart-ment

581816

2021,073

30581

1,978

4027

7,556451736207145

84

1598

9;629

2731054411

Profitson

securi-tiessold

410184143

1,1691,366

118491

3,881

3,89787

1345,1101,8944,257

6101,603

6832210255

18,139

111136

196

Otherearn-ings

181267152

1,4445,428

95971

8,538

1,79223232

22, 5031,8482,6201,2251, 285

1597

642589

32,880

791556590

74

Totalgross

earnings

8,7224,5504,301

30,08947,4223,180

17,798

116, 062

74, 6953,3561,225

218,80354,20596,05437,41927,659

1,3956,9117,7467,987

537,455

20,01010, 3299,042L275

* Includes 2 banks in reserve city of Albany. 2 Includes 3 banks for Dec. 31,1928, and but 2 banks for June 30,1929, in reserve city of Richmond.


Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1929—Continued

[In thousands of dollars]00

Location

South CarolinaGeorgia3

AtlantaFlorida

JacksonvilleAlabama

Birmingham.MississippiLouisiana4

Texas.Dallas _El PasoFort Worth •.Galveston... __HoustonSan AntonioWaco

Arkansas 5

Kentucky __ . . . . __Louisville

Tennessee 6

Nashville .


Ohio 7.. .Cincinnati .Cleveland.,.Columbus

Num-ber ofbanks

53773

523

1033

3533

5846354

1074

73135

3945

1, 648

310535

Capital

9,55012,0056,400

10,6904,500

13,5704,4505,4259,750

45,58513,1501,6004,4502,1509,6505,9501,6506,915

13, 5215,500

15,1395,825

265, 768

40,0008,3005,5005,000

Surplus

5,3868,8415,6507,6102,2508,7284,5503,9645,327

25,2494,7001,0002,600

8506,4402,320

4403,519

10,3454,7508,8885,135

171, 754

32,0565,6004,3505,350

Capitaland sur-

plus

14,93620,84612,05018,3006,750

22,2989,0009,389

15,07770,83417,8502,6007,0503,000

16,0908,2702,090

10,43423,86610, 25024,02710,960

437, 522

72,05613,9009,850

10,350

Gross earnings

Interestand dis-

counton loans

4,9897,1083,9605,0952,2156,9413,2274,0435,594

24,8546,1671,1743,2651,1765,4462,744

7864,1236,9354,1498,6173,366

147,706

20,0243,0663,7542,963


oninvest-ments

1,020658

1,0012,0581,2901,436

413920570

3,2511,691

296606346

1,362309256903

1,7271,1991,157

301

27,604

7,8241,3791,221

864

Inter-est onbal-

anceswithotherbanks

36010239929759

18469

122133

1,30219948

14951

21810332

18425667

286104

5,407

6281103486


289465197207190222106214146

1,03223151

10274

1463252

167528

228168

5,047

232438

16

Foreignexchangedepart-ment

1

220

17933

1532

328

2

541

1933223



realestateloans

1

2

1

1

11

20

3

Trustdepart-ment

764570817666

163181333

16722177

5829

2968406517

1,593

231104223132

Profitson

securi-tiessold

243572

705381

214729

6984

184

42

152

1761874110

1, 757

839159243162

Otherearn-ings

459416451611372490309235885

1,57752887

48575

73041896

228444153725497

12, 282

1,521399333

1,407

Totalgross

earnings

7,4368,8526,0808,4224,2559,6404,5015,6267,429

32,1529,2201,6804,6421,7368,0303,6351,2235,6979,6605,803

11,1194,463

201,957

31, 3215,2935,8385,633


Indiana.- __.Indianapolis -

Illinois _Chicago, Cent. ResChicago, other ResPeoria

Michigan s_Wisconsin

Milwaukee * __Minnesota

MinneapolisSt. Paul..._

Iowa9

Des MoinesSioux City _

Missouri..Kansas CitySt. JosephSt. Louis. __


North Dakota —South Dakota- _Nebraska

Lincoln .Omaha

Kansas10.— _—TopekaWichita. ._

Montana11.Wyoming _Colorado12.. . ,

DenverNew Mexico __Oklahoma

Muskogee __Oklahoma CityTulsa —_


a Includes 1 bank in reserve city of Savannah.4 Includes 1 bank in reserve city of New Orleans,s Includes 1 bank in reserve city of Little Rock.«Includes 1 bank in reserve city of Memphis.* Includes 2 banks in reserve city of Toledo.• Includes 2 banks in reserve city of Grand Rapids; also 3 banks for Dec. 31,1928, and but 2 banks for June 30,1929, in reserve city of Detroit.9 Includes 2 banks in each reserve city of Cedar Rapids and Dubuque.i° Includes 2 banks in reserve city of Kansas City.« Includes 2 banks in reserve city of Helena.M Includes 2 banks in reserve city of Pueblo.

2204

44512264

1331516

26363

25645

1119410

25,2837,65038,96045, 7506.9002,57531,89018,87513,40018,77512,9005,85018,0802,9502,0509,0108,0501,10019,850

1,995 | 348,698

1259314747

238546925115628293374

5,3904,4157,4751,5505,20013, 9971,4502,4005,3Q52,2707,3505,3002,06013,465

9006,2005.450

1,173 | 90,177

15,0673,15025,38534,8003,3103,47529,27011,1987,9009,1977,8404,7508,3271,450600

4,1533,329950

8,591

230,098

2,5162,1814,113590

2, 5506,846465

1,3002,8771,6614,4714,6751,0584,363295

1,3202,650

43,931

40, 35010,80064, 34580, 55010, 2106,05061,16030, 07321, 30027,97220, 74010,60026,4074,4002,65013,16311,3792,05028,441

578, 796

7,9066,59611, 5882,1407.75020,8431,9153,7008,1823,93111,8219,9753,11817,828

12, 7063, 092

20, 44641, 3833,1351.210

22, 3839,6537,4009,5147,1043,769

4,186817

7,6088,1502, 091

5286,9794,7321,0554,2452,8491.525

9,850 [ 3,0491,353 310933

4,1075,276959

12, 902

206,982

3,3762,5874,521938

3,4807,733471

1,1723,7381,5644,3104,4891,477R.2fifi

1,195 4297, 5208,100

134,108

3,0893,823

55,463

3331,2231,171

2113,408

65, 764

1,1241,136929195

1,1452,055

422512

1,396551

1,8032,015

4282,865230

1,4121,000

19, 218

3721006587077540

552340103569237161393176016621250296

5,966

1211331803114642441812061033081757155022250208

3,050

16031397

1,0615568276175774546501752252238508419197

4,513

255133831720216312491213071

384572510042

1,869

1212

1,43012

78714475241

4

89

1,850

1

21

1

261

2

16

8

92

723

266

87

19

505

797029

18

4662

10

260

14869172

1,442297

27550117515

22168113213

150

3,514

415

618112923542292774317

445

59519649250150774524251241821214161817861502

122

4,898

459340

26411144952838213671993

682

1,120324

1,6119,978619110

3,23475494384330926494024910328838774

1,039

26,849

408~28935713076971348228326108436.48616471946469754

6,450

19,3074,46431,64464,4076,1662,04034,23616,1599,72716,15211,2515,93214,7281,9751,4925,9507,6051,31818,203

320,841

5,4134,4566,1391,3115,77611,1641,0062,0855,8852,4177,0697,5532,18212,910

7665,3845,937

87,453

O

3oo

3o

o

CO


Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1929—Continued[In thousands of dollars]

Location

Washington"Seattle

OregonPortland.

California *«Los AngelesSan Francisco

IdahoUtah is . . . .

Salt Lake C i t y -NevadaArizona


Alaska—nonmemberThe Territory of Hawaii—nonmember..

Total noTiTTiP.Tnhp.r hanlrs

Total United States

Num-ber ofbanks

1006

867

19786

43164

1014

497

42

6

7,536

Capital

12,09011,5006,1457,000

25,44544,00076,0002,7301,5502,1001,5001,950

192, 010

275600

875

1,627,375

Surplus

5,1614,0003,1293,550

11,87229,00059,2501,152

5431,040

6251,155

120,477

172890

1,062

1,479,052

Capitaland sur-

plus

17,25115,5009,274

10,55037,31773,000

135, 2503,8822,0933,1402,1253,105

312,487

4471,490

1,937

3,106,427

Gross earnings

Interestand dis-

counton loans

6,3924,2373,3772,880

13,26123,95137,1931,885

9271,231

8161,214

97,364

168259

427

894,032


oninvest-ments

2,8621,9351,2223,0404,5535,559

12,956588188425223453

34,004

80161

241

320,416

Inter-est on

bal-anceswithotherbanks

2482221511266847625688936464857

3,037

1422

36

22,862


32691

1532121311644813201161

1,449

2934

63

18,069

Foreignexchangedepart-ment .

8861

7211

2071,331

1

726

1,750

32

5

12,439



realestateloans

22

1

43

5

75

83

2

2

896

Trustdepar t -

ment

10313813

102266

1,826967

212

2

3,422

2

2

20, 583

Profitson

securi-tiessold

2313062926

440100

4,479

3174

22

5,664

361

64

35,085

Otherearn-ings

853300314334

1,3782,3366,684

18845

152119214

12,917

37150

187

100,103

Totalgross

earnings

10,9387,5505,1996,733

20,84834,87264,3422,8131,2131,8931,2352,054

159,690

336691

1,027

1,424,485

T5

1

O

i

JQ

13 Includes 4 banks for Dec. 31,1928, and but 2 banks for.June 30,1929, in reserve city of Spokane.14 Includes 2 banks in reserve city of Oakland.w Includes 2 banks in reserve city of Ogden.


Abstract of reports of earnings f expenses, and dividends of national banks for the year ended June SO, 1929—-Continued[In thousands of dollars]

Location

MaineNew HampshireVermont ._Massachusetts . . . _ . _

Boston.- . . . .Rhode Island .Connecticut

Total New England States

New YorkBrooklyn and BronxBuffalo...New York City

New Jersey.:..Pennsylvan ia

Philadelphia _ .Pittsburgh- •- _ _.

DelawareMaryland.. . _

Washington, D. C „


VirginiaWest VirginiaNorth Carolina „ „

Charlotte ._South Carolina.. .Qeofpia .-

AtlantaFlorida -

Jacksonville - _ „ . . .

Salariesand

wages

1,134959717

5,0797,489

4363,383

19,197

12, 544781199

37,44310,12316,3048,] 924,132

2531,0951,4241,804

92,294

3,6982,0471,973

2651,3671,9731,1112,079

992

Interestand dis-count onborrowedmoney

15117688

6821,538

86418

3,139

1,26615336

5,5221,5971,8581,6111,057

37138326192

13,791

85728459788

221267246233165

Intereston bankdeposits

485024

3442, 077

26141

2,710

6054914

13,041170396

1,5612,022

542

342189

18,436

382157228

11308151223126237

Expenses

Intereston de-mand

deposits

474306129

2,9456,760

4931,759

12,866

4,990340

2932,8784,3133,5785,7725,119

143185828741

58,916

95448434938

265304569534353

Intereston timedeposits

3,610743

1,4848,2216,981

6593,884

25, 582

24,699556426

14,30516,48631, 2654,3204,141

3392,7341,2781,319

101,868

5,1882,8872,324

3132,0091,937

9972,070

989

Taxes

399262349

1,186J925148

1,243

4,512

2,8705361

7,6482,3174,7881,6101,225

64373596715

22,320

l,0S9777465

67412625338347202

Otherexpenses

736618334

3,1563,704

2961,760

10,604

6,977820169

23,2905,4968,2384,0362,692

115505854757

53,947

1,9351,1391,229

1811,0321,259

8241,260

6S8

Totalexpenses

paid

6,5523,1143,125

21,61329, 4742,144

12,588

78, 610

53,9512,752

934134,12740, 50266, 42325,10220,388

8565,0725,6485,717

361,572

14,1037, 7757,165

9635,8146,5164,3086,6493,576

Net earnings and recoveries

Netearnings

2,1701,4361,1768,476

17,9481,0365,210

37,452

20, 744604291

84, 67613, 70329,63112,3177,271

4391,8392,0982,270

175,883

5,9072,5541,877

3121,8222,3361, 7721,773

679

Recov-eries onloans

and dis-counts

472826

187449

13137

887

474152

2,440266288336

59

253148

3,982

18274

1435

95112

• 2 9315'42

Recov-eries onbonds,securi-

ties, etc.

32444

1451,677

27310

2,239

516

1,727218456200314

2277

1

3,531

3S1

2011

All otherrecover-

ies

21201679

2271058

431

4372

55524629211729

426

15849

1,915

11031GO

4234

2598

2

Total netearningsand re-coveries

oncharged-ofi assets

2,2701,5281,2228,887

20, 3011,0865,715

41,009

22,171621293

89, 39814, 43330, 66512,9707,673

4651,9672,2872,368

185,311

6,2022,6622,081

3171,9792,4931,803% 686

713

cg

I

g3


Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1929—Continued

[In thousands of dollars]to

Location

AlabamaBirmingham

MississippiLouisianaTexas _

Dallas.El PasoFort Wor th . .GalvestonHoustonSan Antonio.Waco

ArkansasKentucky. __

Louisville- _Tennessee

Nashville

Total Southern States..

Ohio _CincinnatiCleveland T..Columbus _.

IndianaIndianapolis..-

Illinois „__.Chicago, Cent. Reserve...Chicago, other ReservePeoria.. _

Michigan __Wisconsin

Milwaukee

Expenses

Salariesand

wages

2,137716

1,2581,6128,1641,676

391839226

1,642737196

1,2441,9861,0392,301

747

42, 416

6,113883

1,016983

4,088918

7,2688,4171,644

3635,9053,3601,974

Interestand dis-count onborrowedmoney

57636627042048238020

15667

178101&20104199623346168

7,434

62215028020240314

5151,741

64

917170516

Intereston bankdeposits

818689

25264154658

33317849812439

210107466386246

6,163

251277143303362324515

3,38021

114519254467

Intereston de-

deposits

453295261688

2,40490011446220266512598

365413379446197

12, 317

2,273613699608980412

1,10910,225

31181

3,127627890

Intereston timedeposits

1,858729

1,225910

2,655997224555330

1,357613276

1,2892,483

7982,959

767

38,789

8,298740

1,525293

5,111468

7,7173,4001,477

3537,9574,4941,212

Taxes

569353556598

2,32756478

22798

52128075

247720223664366

12,788

2,308511297104

1,584384

1,82197577

1342,355

625228

U trierexpenses

1,254424683881

4,288941209659118

1,024499144772962567

1,189463

24, 574

3,235328735914

2,033367

3,7635,760

995230

5,2041,8091,645

Totalexpenses

paid

6,9282,9694,3425,361

20,9616,0041,0943,2311,2695,8852,479

8484,2316,8704,0958,2912,954

144,481

23,1003,5024,6953,407

14, 5612,887

22. 70833; 8984,5891,275

25,98411,3396,932

• JNetearnings

2,7121,5321,2842,068

11,1913,216

5861,411

4672,1451,156

3751,4662,7901,7082,8281,509

57,476

8,2211,7911,1432,2264,7461 5778,936

30,5091,577

7658,2524,8202,795

Recov-eries on

loansand dis-counts

17139

29492

1,54410815

1777

94140148198576912

3,999

266217442

22930

2831,380

1214

464139130

Recov-eries onbonds,securi-

ties, etc.

63

267

19443

2

116

874

24

235

109131

59

85272243

626010

All otherrecover-

ies

2932

15710

201431175

16572

39402

1828

1,576

8218271078

32474161

39113070

Total netearningsand re-coveries

oncharged-off assets

2,9181,6061,7612,177

12,9553,371

6161,598

4792,2571,353

3921,5872,9341,8542,9191,573

63,286

8,6781,8311,2472,2795,1121,6079,628

32,2351,629

7839,1695,1493,005

Net earnings and recoveries


Minnesota - > ._Minneapolis -St. Paul

Iowa . .Des Moines -Sioux City -

Missouri . - -Kansas CitySt Joseph - -St. Louis . - .

Total Middle Western States _.

North DakotaSouth DakotaNebraska

LincolnOmaha -

KansasTopeka _Wichita - --

Montana - -WyomingColorado _ ~

Denver

OklahomaAluskosfefi -Oklahoma CityTulsa

Total Western States -

WashingtonSeattle

OregonPortland - _.._-«___

California -Los AnselesSan Francisco - - - - - - - -

IdahoUtah

Salt Lake City -- - -Nevada -- .Arizona -

Total Pacific States -

Alaska—nonmember ---The Territory of Hawaii—nonmember

Total nonmember banks „ ___

Total United States

3,3052,4071,1203,078

443371

1,4451,652

3233,458

60, 534

1,2151,0731,434

3081,2432,778

250392

1,116528

1,6771,635

5043,476

166947

1,288

20,028

2,6591,9601,3861,4625,5488,045

13,914690251431237525

37,108

69159

228

271,805

10938292

17711931

159292

12576

7,543

6522

14132

26417211272725

1228621

1135

9585

1,313

114507143

224127

1,607172827

14

2,322

6

6

35,548

2941,089

• 364411166152172846190

1,131

11, 745

5478

13113155230583

1789563

14028420

17433

376348

3,045

13558226

234400814

1,78156

1261304218

4,344

19

19

46,462

48191361063524155

35385847

2,401

28,549

12816113911451151415010218615228069810296950

448880

5,584

543472197218

1,0841,7983,726

11851

1319

101

8,448

1250

62

126, 742

5,2991,628

9984,532

115258

1,236351198

1,909

59, 569

1,7861,1871,527

95436

1,92564

2641,543

4941,5671,607

3441,737

143946557

16,222

2,449925

1,1101,6574,4489,836

16,569679261314302323

38,873_

6049

109

281,012

92163258

6166939

37332262

1,371

15, 866

19012423636

182648

27127177122538396122684

39253289

4,190

306211237284962988

2,72115883

10477

130

6,261

1911

30

65,967

1,7981,280

7221,623

220231810922202

1,758

36, 579

740620702161

1,0701,484

138325601257842917294

1,826103575

1,162

11,817

1,489927648820

2,8004,9938,874

362140197143288

21,681

41103

144

159,346

12,2078,3313,964

11,0721,3731,1374,5485,2431,034

12, 599

220, 385

4,1783,2654,310

8774,2587,826

7231,4153,7451,6415,1665,6231,4078,979

5393,6404,607

62,199

7,6955,1273,6754,718

15,46626,60149,1922,080

9401,334

8101,399

119,037

201397

598

986,882

3,9452,9201,9683,656

602355

1,4022,362

2845,604

100,456

1,2351,1911,829

4341,5183,338

283670

2,140776

1,9031,930

7753,931

2271,7441,330

25,254

3,2432,4231,5242,0155,3828,271

15,150733273559425655

40, 653

135294

429

437,603

3202291212866518859315

304

4,620

11913730025

13747714

10039183

3418666

6641358

115

3,126

19113914989

441228666987

3495

1,516

19

19

18,149

168394

331

44

175

1,117

141

2513

187

77113

12

71

171

341

282775

35921311

532

3

3

7,828

100145

15252

2124

89

1,633

241252223930

75812

183268

724024

1132

7914

1,771

11078336993

1,700204

7922

33

2,340

9,666

4,5333,2022,0984,127

673375

1 5122,483

2996,172

107,826

1 3791,4572 352'498

1,7104,586

309954

2,565874

2 3932 067

8684,720

2421,8881,460

30,322

3,5782 6411 7342,2005,991

10,19915,779

811291571462784

45,041

157294

451

473,246CO


Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 19%9—Continued[In thousands of dollars]

Location

Maine. . - -New Hampshire ..—VermontMassachusetts

Boston _ ._ >.Rhode Island.Connecticut


New YorkBrooklyn and BronxBuffalo _New York City

New Jersey . .Pennsylvania

Philadelphia . - — .Pittsburgh

DelawareMaryland"

Baltimore >Washington, D. C ___.


VirginiaWest VirginiaNorth Carolina

Charlotte- . . . .South Carolina . . .Georgia _

Atlanta .Florida _ _

JacksonvilleAlabama-

BirminghamMississippi _

Losses and depreciation charged off

On loansand dis-counts

216165235

1,6524,045

50513

6,876

3,47742423

9,3322,2262,8241,793

19230

822188435

21,266

1,6531,172

5422

605801136

2,358391747164906

Onbonds,

securities,etc

22912$75

1,13310,390

342669

12,963

2,6354377

6,7111,2882,189

33897043

2004850

14,592

482101407

1854039

10017

. 1565

82

Onbankinghouse,furni-

ture, andfixtures

5710337

44357149

4531,713

1,0112522

3,768738

1,677125173

9405486

7,628

241170879

2562

30420644761

76

Onforeign

exchange

1

6

7

123

301

154

5

1

Otherlosses

25238

164708

978

1,015

35420

11,792

367349

2,098262

808830

5,207

12885473

6521723

44113802868

Totallosses

chargedofl

528416355

3,39815,714

4501,713

22,574

7,477512123

21,7264,6196,9694,3551,361

84642378601

48,847

2,5041,528

71621

8801,125

5023,105

4651,059

1981,133

Netadditionto profits

1,7421,112

8675,489

'4,587636

4,002J18,435

14,694109170

67,6729,814

23,6968,6156,312

3811,3251,9091,767

136,464

3,6981,1341,365

2961,0991,3681,30117 419

2481,8591,408

628

Divi-dends

981650525

3,6287,632

4912,327

16,234

8,11413489

38,8626,968

13,8457,6553,143

216812

1,4361,221

82,495

3,5802,1581,490

250810

1,131928862948

1,996636646

Ratios

Divi-dends tocapital»

Per cent13.5911.829.9S

12.4913.5410.8610.3412.45

12.201.90

11.8713.8612.5514.3820.2811.0513.2614.3516.5111.3313.76

12.0815.6011.4013.898.489.42

14.508,06

21.0714.7114.2911.91

Divi-dends tocapital

and sur-plus w

Per cent6.996.116.046.317.715.095.316.67

6.051.248.286.106.205.456.094.635.255.828.506.235.90

6.948.587.136.415.425.437.704.71

14.048.957.076.88

Net ad-dition toprofits tocapital is

Per cent24.1320.2216.4818.908.14

14.0717.7914.14

22.091.55

22.6724.1317.6824.6222.8222.1923.3823.4121.9416.3922.76

12.488.20

10.4516.4411.5111.4020.33

tt 3.925.51

13.7031.6411.58

Net ad-dition toprofits tocapital

and sur-plus »

Per cent12.4110.449.989.544.636.599.137.57

10.951.01

15.8110.628.749.326.869.309.279.49

11.309.029.76

7.174.516.537.597.366.56

10.79"2.29

3.678.34

15.646.69


jLouisians.. . .Texas

DallasEl PasoFort Worth..GalvestonHoustonSan Antonio.Waco ._

ArkansasKentucky

LouisvilleTennessee..

Nashville


Ohio. . . .Cincinnati-Cleveland..Columbus.

IndianapolisIllinois...

Chicago, Cent. Res_Chicago, other Res..Peoria.

MichiganWisconsin

M il waukcc. _.Minnesota..

Minneapolis..St. Paul

IowaDes Moines ___Sioux City

MissouriKansas City..St. JosephSt. Louis.

North Dakota.South Dakota _Nebraska

Lincoln . . .Omaha

KansasTopeka....Wichita.. „

Total Middle Western States - 22,436

3991,8914549734987355191129645646177622266

18,785

1,84941211658

1,259636

2,3333,89719627

2,576818282

1,493804318

2,5794829157963473620

582689

1,044201269

1,43472116

4927514799573959201440901348158

2,416

1,08176187

, 51827152630

1,3791727

56934835730667230184

109311136456

10179159232381591442

13153973

66408111113551192213839

2,728

3917620393852

663

11349

1,2402204914736

3,172126

• 613691283

124

7,140 7, 512

52754598425328305

671,153

2948402

45357765218

16017

6466,859703244512168540357163816907351991380

2,937 j 26,873

57

1881101803587

47763299

335221218318436

4209545724325

3,081-, -—258184472967138676

3,510194428

1,3952,275697

4,1345,78151092

4,7201,617887

2,265950

3,7263,309583118798897115

1,225

1,5316,0962,668372

1,086811

1,717996229771

2,0271,5031,9281,193

36,413

40, 226

9931,0271,720329662

2,232121469

5,1681,637819884

2,837910

5,49426,4541,119691

4,4493,5322,1182,2682,252

w 1,62881890257714

1,586184

4,947

1,1135,1481,618

51624148932464146704

1,7001,1271,665792

31,665

4,1631,148468621

2,306640

4,32913,127

622564

4,0062,1501,1722,7551,3198109855699748

1,886155

3,640

67,600 47,769

307342697153652

1,573122212

386

1(591,04S |2,354188485

11.4211.2912.303.1914.026.889.667.808.8510.1812.5720.4911.0013.60

11.91

10.4113.838.5112,429.128.3711.1128.699.0121.9012.5611.398.7514. 6710.2213.855.451.894.838.3023.4314.0918.34

13. 70

5.707.759.329.8712.5411.248.418.83

7.387.269.061.968.854.935.795.816.996.757.1211.006.937.23

7.24

5.788.264.758.005.715.938.7316.306.099.326.557.155.509.856.367.643.731.273.745.6816..577.5612.80

15.7013.3720.2923.2524.4014.4717.7916.7413.8811.1514.9927.3312.74.20.48

13.70=!=

12,9219.7214.8917.6811.2211.9014.1057.8216.2226.8313.9518.7115.8112,0717.46

< 27.834.523.05

12.547.92

19.7016,7324.92

8.25 19.39 - r

3.88 |5.18 !6.01 i7.15 18.417. 55 |0.37 I5.73 1

7.169.738.45

10.9020.1516.8212.9620.21

10.138.61

14.9514.3115.4010.3710.6712.0410.957.398.49

14.668.02

10.89

8.32r-zz

7.1711.788.318.547.038.438,54

32.8410.9611.427.27

11.749.948.11

10.86115.35

3.102.059.705.42

13.948.97

17.39

11.68

4.886.525.457.90

13.5211.299.82

13.11« Capital and surplus as of June 30,1929, *? Deficit. O

Ox


Abstract of reports of earnings, expenses, and dividends of national hanks for the year ended June 80, 1929—Continued[In thousands of dollars]

Location

Montana— - _ -Wyoming .Colorado

DenverNew Mexico . .Oklahoma . _

Muskogee _.Oklahoma CityTulsa


Washington * . . „ - .Seattle

Oregon _.Portland . . . .

CaliforniaLos Angeles . .San Francisco ._ _.

IdahoUtah . . .

Salt Lake CityNevadaArizona.. „ ._

Total Pacific States . „

Alaska—nonmem berThe Territory of Hawaii—nonmember_

Total nonmembor banks

Total United States . \

Losses and depreciation charged off

On loansand dis-counts

1,076192

1 008353382

1,57635

102299

9,430

982296578517

1 5951,2622,104

3114877

14671

7,987

323

35

86,815

Onbonds,

securities,etc.

5848

19421890

25931

11027

1,850

328109145

' 839435689

1,381220

61418823

4,402

1580

95

43,458

Onbankinghouse,furni-

ture, andfixtures

87• 58

10815378

3313

8734

1,790

15858

107110596562

1,9545421302865

3,743

810

18

25,132

Onforeign

exchange

1

1

14

14

240.

Otherlosses

8144

1766146

3782

1317

2,298

15266

11117

2662093036110194

34

1,252

52

7

15,797

Totallosses

chargedoff

1,302342

785596

2,54471

312377

15, 369

1,620529941

1,4832,8922,722

.5,75664685

267264193

17,398

6095

155

171,442

Netadditionto profits

1,263532906

1,282272

2,176171

1,5761,083

14,953

1,9582,112

793717

3,0997,477

10,023165206304198591

27, 643

97199

296

301,804

Divi-dends

567267787761241

1,751109

1,275486

10,302

1,6162,967

552892

2,77815,7138,733

208113206122163

34,063

7371

144

222,672

Ratios


Per cent10.6911.7610.7114.3611.7013.0012.1120.568.90

11.42

13.3625.808.98

12.7410.9235.7111.497.627.299.808.138.36

17.74

26.5411.83

16.46

13.68


and sur-plus

Per cent6.936.796.667.637.739.829.12

16.956.00

7.68

9.3719.145.958.457.44

21.526.465.365.406.565.745.25

10.90

KU34.77

7.43

7.17

Net ad-dition toprofits to

capital

Percent23.8123.4412.3324.1913.2016.1619.0025.4219.87

16.58

16.2018.3712.9010.2412.1816.9913.196.04

13.2914.4813.2030.31

14.40

35.2733.17

33.83

18.55

Net ad-dition toprofits tocapital

and sur-plus

Per cent15.4413.537.66

12.858.72

12.2114.3020.9613.37

11.15

11.3513.638.556.808.30

10.247.414.259.849.689.32

19.03

8.85

21.7013.35

15.28

9.72


Earnings, expenses, and dividends of national banks, by Federal reserve districts, year ended June SO, 1929


CapitalSurplusCapital and surplus..

Gross earnings:Interest and discount on loansInterest (including dividends) on invest-

ments _Interest on balances with other banksDomestic exchange and collection charges.!Foreign exchange department. •Commissions and earnings from insur- !

ance premiums and the negotiation ofreal-estate loans

Trust departmentProfits on securities sold - - - - -Other earnings

DistrictNo. 1(371

banks)

126,257108,304234,561

25,5071,515

478602

Total,.

Expenses paid:• Salaries and wages -

Interest and discount on borrowed money.Interest on bank depositsInterest on demand depositsInterest on time deposits

Other expenses-

Total

Net earnings. „.Recoveries on charged-off assets:

Loans and discountsBonds, securities, etcAll other

Total .

1,8773,7378,199

111, 799

18,4623,0312,676

12,57024,4194,249

10,132

75,539

36, 260

8642,048

428

39,600

DistrictNo. 2(772

banks)

400,519471, 288871,807

198,433

87,4861,5033,837

118,417

10,89626,339

343,545

59,3458,17713,89241,95254, 26412,463

DistrictNo. 3(686

banks)

121,482221,545343,027

71,037

33,1931,142

487831

5846

3,9053,181

114,627

19,4773,6371,8289,01527,3745,72610, 732

226,078

117,467

3,1552,6061,177

36,838

582582433

124,405 38,434

DistrictNo. 4(704

banks)

125,005140,348265, 353

66, 668

34,6021,996

567277

111,0744,4816,383

116,059

20,2542,8463,241

11,01328,7726,481

11,496

84,103

31,956

637576230

DistrictNo. 5(490

banks)

91,35772,509

163,866

DistrictNo. 6(366

banks)

80,01557,193

137, 208

50,883

10,8581,2861,047

41

611973

3,761

I

69,466

13,4862,6561,6173,780

17,6514,3947,533

51,117

18,349

590102475

19,516

45, 569

8,9931,5841,859

300

4581594

4,484

DistrictNo. 7(960

banks)

190,165129,251319', 416

13,6232,8411,6103,74313,2894,1398,150

47,395

16, 573

86761872

18,373

121,327

32, 9092,9402,3451,575

1972,2112,29619,201

185,001

33,5284,3056,236

17,94530,8917,502

21,605

122,012

62,989

2,755541

1,130

67,415

DistrictNo. 8(474

banks)

37,717

12,1591,154

762

35327

1,0072,548

55,801

11,1931,9792,5014,183

10, 6783,6625,887

40,083

15, 718

901333291

17,243

DistrictNo. 9

60,04533, 71093, 755

33,871

14,9101,5971,912

106

475115

2,689

56,263

11,660725

2,0452,736

14,6822,5046,581

40,933

15,330

1,475239324

17,368

DistrictNo. 10

(891banks)

DistrictNo. 11

(678banks)

84,422 90,270 191, 36040, 967 46,332 120,122

125,389 136,602 311,482

DistrictNo. 12

(493banks)

51,824

17,0562,8491,426

17

66753656

5,885

80,532

18,5491,4933,8945,98412,3524,08510,943

57,300

23,232

2,574163

1,613

27,582

49,450

8,7322,2441,877

1348225

4,383

67,506

15,0951,5312,5635,3627,8354,5188,573

45,477

22,029

2,23343

380

24,685

96,942

33, 7703,0161,4091,724

3,4215,663

12,863

158,891

36,9052,3214,3408,397

38,6966,214

21,585

118,458

40,433

1,497531

2,314

44,775

Non-memberbanks

(6banks)

8751,0621,937

427

241

22

64187

1,027

2286

1962

10930

144

429

19

451

Grandtotal(7,536

banks) l

1,627,3751,479,0523,106,427

894,032

320,41622,86218,06912,439

20,58335,085

100,103

1,424,485

271,80535,54846,462

126,742281,01265,967

159,346

437,603

18,1497,828

473,246

i Includes nonmember banks of Alaska and the Territory of Hawaii.


expenses, and dividends of national banks, by Federal reserve districts, year ended June SO, 1929—Continued

(In thousands of dollars]

Losses and depreciation charged ofE:On loans and discounts.On bonds, securities, etc .On banking house, furniture and fixtures.On foreign exchangeOther losses . .

Total

Net addition to profits—Total dividends declared since June 30,1928. _

Ratios:Dividents to capital2 . . .per cent..Dividends to capital and surplus 2_ _doNet addition to profits to capital 2_ _doNet addition to profits to capital and

surplus 2, per cent.-

DistrictNo. 1(371

banks)

6,82912,5171,684

71,011

22,048

17,55215,854

12.566.76

13.90

7.48

DistrictNo. 2(772

banks)

14,91710,9365,478

1232,484

33,938

90,46752, 585

13.136.03

22.59

10.38

DistrictNo. 3(686

banks)

4,0542,0591,256

92,383

9,761

28,67319,443

16.005.67

23.60

8.36

DistrictNo. 4(704

banks)

4,5833,6861,387

23561

10,240

23,15915,072

12.065.68

18.53

8.73

DistrictNo. 5(490

banks)

4,8831,101

685

516

7,185

12,33111,521

12.617.03

13.50

7.53

DistrictNo. 6(366

banks)

6,086579

1,0016

959

8,631

0,7429,946

12.437.25

12.18

7.10

DistrictNo. 7(960

banks)

13,9773,5602,951

441,898

22,430

44,98527,530

14.488.62

23.66

14.08

DistrictNo. 8(474

banks)

3,3141,005^596

1493

5,409

11,8348,815

13.448.64

18.04

11.60

DistrictNo. 9(645

banks)

5,454990

3,6.4

1,025

11,124

6,2446,936

11.557.40

10.40

6.66

DistrictNo. 10

(891banks)

7,6991,7711,697

11,789

12,957

14, 62511,104

13.158.86

17.32

11.66

DistrictNo. 11

(678banks)

7,027769999

11,426

10,222

14,4639,719

10.777.11

16.02

10.59

DistrictNo. 12

(493banks)

7,9574,3903,736

141,245

17,342

27,43334,003

17.7710.9214.34

8.81

Non-member

banks(6

banks)

359518

7

155

296144

16.467.43

33.83

15.28

Grandtotal(7,536

banks)

86,81543,45825,132

24015,797

171,442

301,804222,672

13.687.17

18.55

9.72

i3

* Capital and surplus as of June 30,1929

i

iiio

<3

3S


KEPORT OF THE COMPTROLLER OF THE CURRENCY 69

National-bank investments in United States Government securities and other bondsand securities, etc., loans and discounts (including rediscounts), and losses chargedoff on account of bonds and securities, etc., and loans and discounts, years endedJune 80, 1918 to 1929, inclusive

fin thousands of dollars]

YearendedJune30—

19181919. . . . . . .1920..19211922. . . . . . .1923..192419251926192719281929

UnitedStates

Govern-ment

securities

2,129,2833,176,3142, 269> 5752,019,4972,285,4592, 693,8462,481, 7782, 536,7672,469,2682, 596,1782,891,1672,803,860

Otherbondsand se-curities

1,840,4871,875,6091,916,8902,005,5842,277,8662,375,8572,660, 5503,193,6773,372,9853,797,0404, 256, 2813, 852, 675

Totalbondsand se-curities,

etc.

3,969, 7705,051,9234,186, 4654,025,0814,563.3255,069; 7035,142,3285, 730,4445,842, 2536, 393, 2187,147,4486,656,535

Loans anddiscounts(including

redis-counts)

10,135,84211,010, 20613, 611,41612,004, 51511,248,21411,817, 67111, 978,72812, 674,06713,417, 67413,955, 69615,144,99514,801,130

Losseschargedoff onbondsand se-curities,

etc.

44,35027,81961, 79076,17933,44421,89024, 64225,30123, 78327, 57929,19143,458

Losseschargedoff onloans

and dis-counts

33,96435,44031,28476,210

135, 208120, 433102,81495, 55293, 60586,51292,10686,815

Percentage of lossescharged off—

On bondsand

securitiesto total

bonds andsecurities

owned

1.12.55

1.481.89.73.43.48.44.41.43.41.65

On accountloans anddiscountsto total

loans anddiscounts

0.34.32.23.63

1.201.02.86.75.70.62.61.59

Number of national banks, capital, surplus, net addition to profits, divide?ids,ratios, years en'ded June SO, 1914 io 1929

[In thousands of dollars!

and

Year endedJuneSfr—

1914191519161917 . _1918 „1§1919201921.1922.1923_._192419251926_.1927 . . .192«1929

Num-ber ofbanks

7,4537, 5607,5717,. 5897,6917, 7628,0198,1478,2468,2388,0858,0707,9787,798

. 7,6917,536

Capital

1,063,9781,068,5771,066,2091,081,6701,098,2641,115, 5071, 221,4531,273, 2371,307,1991,328,7911,334,0111,369,3851,412,8721,474,1731, 593,8561,627,375

Surplus

714,117726, 620731,820765,918816,8018€9,457984, 977

1, 026, 2701, 049,2281,070,6001, 080, 5781,1I8»9531,198,8991, 256,9451,419, 6951,479, 052

Net ad-dition

toprofits

149, 270127,095157, 544194, 321212,332240, 366282, 083216,106183, 670203,488195,706223.935249,167252,319270,158301,804

Divi-dends

Ratios

120,947113, 707114, 725125, 538129,778135,588147,793158,158165,884179,176163, 683165,, 033173, 753180, 753205,358222,672

Divi-dendsto cap-

ital

Per cent11.3710.6310.7611.6111.8212.1512.1012.4212.6913. 4S12.2712.0512. 3012.2612.8813.68

Divi-dends

tocapital

andsurplus

Per cent6.806.336.386.796.786.836.706.887.047.476.786.636.656.626.817.17

Net addition toprofits

To cap-ital

To cap-ital andsurplus

Per cent14. 0311.8914.7817.9619.3321.5523.0916.9714.0515.3114.6716.3517.6317.1216.9518.55

Per cent8.39

10.5211.0912.1112.789,407.798.488.119.009.549.248.969.72

NATIONAL BANKS CLASSIFIED ACCORDING TO CAPITAL STOCK

The recapitulation following concerns tables published in the ap-pendix of this report in relation to the number of national banks inreserve cities and States on December 31,1928, classified according tocapital stock, with amount of loans and discounts, bonds and securitiesowned, aggregate resources, paid-in capital stock, surplus and undi-vided profits, and total deposits.



National banks classified according to capital stock December 81, 1928[In thousands of dollars]

Num-ber ofbanks

Loansand

discounts

Bondsand

securitiesowned

Aggregate CapitalSurplusand un-dividedprofits

Total

Capital of less than $50,000Capital of $50,000 but less than

$200,000 -Capital of $200,000 but less

than $500,000Capital of $500,000 but less

* than $1,000,000....Capital of $1,000,000 but less

than $5,000,000Capital of $5,000,000 but less

than $25,000,000Capital of $25,000,000 but less

than $50,000,000Capital of $50,000,000 or more. .

Total United States

2,158

4,062

927

249

205

27

43

463,531

2, 719,841

2,143,882

1,250, 674

3,162,580

2,835,648

1,155, 6351, 547,840

283,518

1,780,862

1,182,327

599,389

1,212,011

1,072,359

307, 622689, 230

912,195

5, 519,769

4,080,436

2,337,702

5,848,063

5,695,528

2,461,9473, 733, 516

57, 615

325,7<57

230,566

140,480

320,448

231,600

110,000200,000

52,348

383,744

274,089

151,039

355,739

402,826

153,692208, 350

7,635 15,279,631 7,127, 318 30, 589,156 1, 616,476 1,981,827

779,030

4,434,786

3,347,622

1,886,269

4,792,317

4,439,222

1,799,3572,867,87724,347,380

There are also published in the appendix tables showing by monthsthe profit on. national bank circulation based upon a deposit of $100,000United States consols of 1930, and Panama Canal bonds at the averagenet price during the year ended October 31, 1929. These tables aresupplemented by others showing the investment value of circulationbonds quarterly, and the monthly range of prices in New York in theyear ended October, 1929.

NATIONAL BANK EXAMINERS

The following is a list of the examiners in the service on November1, 1929:

ASSISTANT CHIEF NATIONAL BANK EXAMINERS

Office Comptroller of the Currency, Washington, D. C.Denton, F. R. Hodgson, R. M. McBryde, W. W. Smith, C. F.

DISTRICT CHIEF NATIONAL BANK EXAMINERS[By Federal reserve districts.]

F.R.DiskNo.

12

34

5

6

7

8

9

10

1112

Name

Williams, F. DReeves, Owen T., jrNewham, Stephen LTaylor, William

Byers, R. W.- . _..__

Robb, E. D_ _

Leyburn, A. P

Wood, John S _.

Wright, Irwin D _

Roberts, L. K

Collier, Richard HHarris, Thomas E

Address

Federal Reserve Bank Building, Boston, Mass.525 Federal Reserve Bank Building, New

York, N. Y.1500 Walnut St., Room 1503, Philadelphia, Pa.715 Federal Reserve Bank Building, Cleveland,

Ohio.National Metropolitan Bank Building, Wash-

ington, D. C.608 Fourth National Bank Building, Atlanta,

Ga.164 West Jackson Boulevard, Room 1209, Chi-

cago, 111.1310 Federal Commerce Trust Building, St.

Louis, Mo.1334 First National Soo Line Building, Minne-

apolis, Minn.800 Federal Reserve Bank Building, Kansas

City, Mo.1706 Republic Bank Building, Dallas, Tex.1103 Alexander Building, San Francisco, Calif.



NATIONAL BANK EXAMINERS

71

F. R.Dist.No.

Address

3 Allanson, E. A

10 Allen, E. F -

5 Amrhein, Joseph A

9 Anderson, 0. A

2 Ash wood, Cecil4 Austin, James W5 Bailey, J. L.~3 Baker, W. B

12 Baldridge, William H6 Basham, A. A7 Baugh, G. W2 Beaton, Otis W

10 Becker, E. J--9 Bina, J. C . . -

10 Bishop, R. O

2 Black, H. W— —

4 I Bleakley, B. J3 Boysen, Alfred -7 Bryan, Charles A .

7 Burk, Lysle S.6 Byrne, J. J

Carter, Aubrey B. (U)---12 Chorpening, I. I4 Clarke, Addison A

2 Clarke, F. S1 Coffin, George M. (EEC)

12 Coffin, G. S12 Cooke, A. J .

6 Cottingham, T. J

6 Cunningham, F. F7 Cutler, W. A „5 Dalton, John W2 Dann, R. G3 Davenport, H. B5 Davis, Thomas H

12 Donahue, C. A

10 Donahue, W. H7 Donovan, Leo D1 Dooley, Thomas E9 Dougherty, J. M7 Dye, Sam W-8 Elkins, Lewis R

11 Embry, Jacob79003°—30 6

1500 Walnut Street, room 1503, Philadelphia,Pa.

800 Federal Reserve Bank Building, KansasCity, Mo.

910 Virginia Railway & Power Building,Richmond, Va.

9 Midland National Bank Building, Billings,Mont.

Statler Hotel, Buffalo, N. Y.715 Federal Reserve Bank Building, Cleveland.

Ohio.Post-office box 1185, Huntington, W. Va.1500 Walnut Street room 1503, Philadelphia.

Pa.403 Empire State Building, Spokane, Wash.Post-office box 940, Knoxville, Tenn.3111 Jackson Street, Sioux City, Iowa.525 Federal Reserve Bank Building, New

York, N. Y.Post-office box 186, Clinton, Okla.4532 Grand Avenue, Minneapolis, Minn.800 Federal Reserve Bank Building, Kansas

City, Mo.525 Federal Reserve Bank Building, New York,

N. Y.Post-office box 421, Wheeling, W. Va.Post-office building, Wilkes-Barre, Pa.164 West Jackson Boulevard, room 1209,

Chicago, 111.309 Federal Building, Des Moines, Iowa.Post-office box 741, Montgomery, Ala.185 Treasury Department, Washington, D. C.638 H. W. Hellman Building, Los Angeles,

Calif.715 Federal Reserve Bank Building, Cleveland

Ohio.General delivery, Kingston, N. Y.Care of First National Bank, Putnam, Conn.1103 Alexander Building, San Francisco, Calif.638 H. W. Hellman Building, Los Angeles,

Calif.608 Fourth National Bank Building, Atlanta,

Ga.Post-office box 822, Nashville, Tenn.Post-office box 527, Rock Island, ill.Post-office box 958, Charlotte, N. C.Post-office box 442, Utica, N. Y.Post-office box 61, Lancaster, Pa.Post-office box 1162, Columbia, S. C.638 H. W. Hellman Building, Los Angeles,

Calif.Post-office box 1546, Muskogee, Okla.164 West Jackson Boulevard, room 1209,

Chicago, 111.273 Grand View Terrace, Hartford, Conn.1334 First National Soo Line Building, Minne-

apolis, Minn.215 Central National Bank Building, Peoria, 111.214 Federal Building, Evansville, Ind.1706 Republic Bank Building, Dallas, Tex.



National Bank Examiners—Continued

F.K.Dist.No.

Address

Erdman, M. E

6 Evans, Clyde J4 Fans, A. B

11 Foster, Charles W2 Francis, C. C__ ___

10 Fraser, J. A_1 Freeman, O. M7 French, H. S __7 Fuller, Harry R4 Fulton, Ira J

Garrett, Robert D

Gaskell, George It

11 Gilbert, H. B12 Glazier, Charles A9 Goodhart, R. W. (REC)

12 Gray, W. M. (JG)1 Green, A. W5 Green, Charles W-.--__-8 Harrison, H. G

3 Hartman, Charles H4 Hauschild, L. P

11 Hawkins, J. W11 Hedrick, Gilbar C10 Hewitt, Roland B

Hooker, Robert K

12 Hooper, Marshall..7 Hopkins, R. L

11 Horton, B. E2 Hotchkin, Paul L9 Huck, William F1 Hurley, Michael J

11 Hutt, William E L -1 Isaac, John7 Johnson, C. E. H

7 Joseph Edw. M5 Kane, Thomas F

Kane, W. W3 Ketner, John H7 Laird, H. A

11 Lamb, Ernest12 Lamm, R. Foster,

Lammond, W. MLanning, L. C

Lanum, Harry L

525 Federal Reserve Bank Building, NewYork, N. Y.

Post-office box 1828, Atlanta, Ga.Post-office box 506, Richmond, Ky.519 Bedell Building, San Antonio, Tex.525 Federal Reserve Bank Building, New

York, N. Y.Post-office box 574, Hutchinson, Kans.205 Governor Street, Providence, R. I.164 West Jackson Boulevard, Chicago, 111.Post-office box 592, Indianapolis, Ind.715 Federal Reserve Bank Building, Cleve-

land, Ohio.Care of division of insolvent national banks,

office Comptroller of the Currency, TreasuryDepartment, Washington, D. C.

715 Federal Reserve Bank Building, Cleveland,Ohio.

Post-office box 318, Wichita Falls, Tex.Post-office box 226, Provo, Utah.Care of division of insolvent national banks,

office Comptroller of the Currency, TreasuryDepartment, Washington, D. C.

514 Post-office Building, Portland, Greg.Federal Reserve Bank Building, Boston, Mass.Post-office box 334, Cumberland, Md.1310 Federal Commerce Trust Building, St.

Louis, Mo.1500 Walnut St. room 1503, Philadelphia, Pa.Post-office box 473, New Castle, Pa.Post-office box 1471, Abilene, Tex.1706 Republic Bank Building, Dallas, Tex.800 Federal Reserve Bank Building, Kansas

City, Mo.1310 Federal Commerce Trust Building, St.

Louis, Mo.522 Central Building, Seattle, Wash.405 Federal Reserve Bank Building, Detroit,

Mich.Post-office box 1584, Waco, Tex.326 Ten Eyck Street, Watertown, N. Y.306 Dakota Bank Building Aberdeen, S. Dak.Federal Reserve Bank Building, Boston, Mass.Sherman, Tex.Federal Reserve Bank Building, Boston, Mass,164 West Jackson Boulevard, room 1209,

Chicago, 111.547 Cherry Street, SE., Grand Rapids, Mich.National Metropolitan Bank Building, Wash-

ington, D. C.207 Federal Building, Louisville, Ky.406 Carsonia Avenue Pennside, Reading, Pa.309 Federal Building, Des Moines, Iowa.Post-office box 667, Greenville, Tex.1124 North Olive St. Santa Ana, Calif.Post-office box 1364, New Orleans, La.525 Federal Reserve Bank Building, New

York, N. Y.Post-office box 463, Columbus, Ohio.



National Bank Examiners—-Continued

73

F.R.DiskNo.

Address

122

6

9

1

2

3

9

12

52

1210

310

812512

109

745

121

101111127

10

Lifeey, W. P..Lilly, John F_Linden, C. CLorang, P. J_.

Luiken, John B_Luscombe, A. P__

10 ! Lyon, C. W

Lyons, Gibbs (U).

Lytle, Frank S-

McCall, W. P . .McCans, A. B_

McGinnis, F. J_.

McLaren, D. D_

McLean, C. H_.

McMullan, J. R_

Machleid, C. J_Madland, L. L.Male, W. N - _ .

Mann, Stuart H_

Medill, George L_Miller, P. V

Mooney, R. EMorgan, C. EMotter, Charles W-Murphy, Daniel F«.Neill, Robert

Nelson, F. S_Nelson, Nels.

Nolan, W. RNorman, Louis A . . .Ockershausen, F. C.

O'Connor, T. J

Palmer, R. E. A.Parker, Edw. F_.Penn, D. VPeterson, F R_.Pierce, W. WPrice, A. E__Quinn, Henry F_

Rafter, Charles 1

Post-office box 442, Albany, Ga.Care of LaFayette Hotel, Little Rock, Ark.326 Yates Building, Boise, Idaho.525 Federal Reserve Bank Building, New

York, N. Y.720 Bell Building, Montgomery, Ala.525 Federal Reserve Bank Building, New

York, N. Y.800 Federal Reserve Bank Building, Kansas

City, Mo.Care of division of insolvent national banks

office of Comptroller of the Currency,Treasury Department, Washington, D. C.

1334 First National Soo Line Building, Minne-apolis, Minn.

Federal Reserve Bank Building, Boston, Mass.525 Federal Reserve Bank Building, New

York, N. Y.1500 Walnut Street, room 1503. Philadelphia,

Pa,201 Security National Bank Building, Sioux

Falls, S. Dak.638 H. W. Hellman Building, Los Angeles,

Calif.National Metropolitan Bank Building, Wash-

ington, D. C.184 Atlantic Avenue, Lynbrook, N. Y.522 Central Building, Seattle, Wash.800 Federal Reserve Bank Building, Kansas

City, Mo.1310 Federal Commerce Trust Building, St.

Louis, Mo.Post-office box 32, Altoona, Pa.800 Federal Reserve Bank Building, Kansas

City, Mo.Post-office box 1092, Louisville, Ky.1103 Alexander Building, San Francisco, Calif.Post-office box 332, Raleigh, N. C.31 Hubbard St. Manchester, N. H.525 Federal Reserve Bank Building, New

York, N. Y.202 Federal Building, Grand Island, Nebr.1334 First National Soo Line Building, Minne-

apolis, Minn.Post-office box 536, Waterloo, Iowa.Post-office box 1058, Pittsburgh, Pa.National Metropolitan Bank Building, Wash-

ington, D. C.525 Federal Reserve Bank Building, New

York, N. Y.522 Central Building, Seattle, Wash.Federal Reserve Bank Building, Boston, Mass.Post-office box 1091, Oklahoma City, Okla.Care of Federal Reserve Bank, Houston, Tex.Post-office box 556, Corsicana, Tex.1103 Alexander Building, San Francisco, Calif.319 Citizens National Bank Building, Decatur,

111.Post-office box 296, Salina, Kans,




F.R.Dist.No.

Address

5 Ramsdell, P. C

3 Ransom, F. T

2 Rasinussen, Frank E...

7. Reimers, D. H. (JG)-.2 Robinson, H. P

10 Roetzel, G. F11 Roots, J. O10 Ross, M. A4 Rossman, Richard

12 Rummel, John T1 Ryan, Frank J

Rial, B. P. (JG) (U)—.

7 Sanders, J. L4 Schechter, W. J

Schofield, John W. (U)9 Sedlacek, L. H

9 Sevison, Henry12 Shapirer, Leo «...2 Shea, L. A

2 Sheehan, W. F2 Shroyer, R. R

11 Sibley, W. L3 Siebert, J. H4 Sims, M. H3 Smith, George F4 Smith, George H

5 Snapp, John W

3 Snyder, Vernon G

9 Stevens, L. T

Stewart, Adelia M

5 Stewart, Charles A2 Stewart, H. E

12 Stobie, Charles A5 Stokes, H. F. (JG)

10 Stout, C. L3 Stover, L. W2 Strong, J. M

7 Stuart, Robert K ,4 Swensen, Loren T

12 Taylor, O. C12 Tolton, A. F7 Utt, J. F9 Van Brunt, L. J

National Metropolitan Bank Building, Wash-ington, D. C.

1500 Walnut Street, room 1503, Philadelphia,Pa.

525 Federal Reserve Bank Building, NewYork, N. Y.

213 Federal Building, Des Moines, Iowa.525 Federal Reserve Bank Building, New

York, N. Y.Post-office box 1091, Oklahoma City, Okla.Post-office box 1062, Austin, Tex.Post-office box 508, Norfolk, Nebr.Post-office box 1058, Pittsburgh, Pa.1103 Alexander Building, San Francisco, Calif.Federal Reserve Bank Building, Boston, Mass.Division insolvent national banks, office of

Comptroller of the Currency, Washington,D. C.

Post-office box 592, Indianapolis, Ind.Post-office box 1058, Pittsburgh, Pa.1539 Hay worth Avenue, Hollywood, Calif.1334 First National Soo Line Building, Min-

neapolis, Minn.309 Torrey Building, Duluth, Minn.1103 Alexander Building, San Francisco, Calif.525 Federal Reserve Bank Building, New York,

N. Y.Do.Do.

Post-office box 1223, Shreveport, La.Post-office box 491, Williamsport, Pa.No. 10, 5527 Center Avenue, Pittsburgh, Pa.Post-office box 981, Harrisburg, Pa.Apartment 702-A, Penn Albert Hotel, Greens-

burg, Pa.National Metropolitan Bank Building, Wash-

ington, D. C.Post-office box 231, Sunbury, Pa.4929 Pleasant Avenue South, Minneapolis,

Minn.Room 217, Treasury Department, office Comp-

troller of the Currency, Washington, D. C.Post-office box 97, East Falls Church, Va.525 Federal Reserve Bank Building, New

York, N. Y.Post-office box 313, Honolulu, Hawaii.National Metropolitan Bank Building, Wash-

ington, D. C.Post-office box 197, Cheyenne, Wyo.7040 Ruskin Lane, Philadelphia, Pa.525 Federal Reserve Bank Building, New York,

N. Y.906 Michigan Avenue, Evanston, 111.715 Federal Reserve Bank Building, Cleve-

land, Ohio.1103 Alexander Building, San Francisco, Calif.1107 A. Mattei Building, Fresno, Calif.Sheridan Apartments C-2, Fort Wayne, Ind.18 Magill Block, Fargo, N. Dak.




75

F.R.Dist.No.

8977

42

10111210

12

27

11589

128

Name

Von Arb, E. AVon Birgelen, F. MWalker, Harry WWanberg, J. F . _ . __

Ward, M. MWatts, John LWhite, 0. WWhitehurst, W. MWilde, Max CWilliams, E. L

Williams, T. B

Wilson, C. F_—

Wilson, E. B „___„Wilson, George RWitt, G. T _.Wood, D. RWoodside, HalWray, H. L___

Wright, E. MYoung, William R

Address

520 East Sixth Street, Centralia, 111.103H Fourth Street, Bismarck, N. Dak.Hotel Witter, Wisconsin Rapids, Wis.164 West Jackson Boulevard, room 1209, Chi-

cago, 111.Post-office box 621, Cincinnati, Ohio.525 Federal Reserve Bank Building, New

York, N. Y.506 California Building, Denver, Colo.1706 Republic Bank Building, Dallas, Tex.514 Post Office Building, Portland, Oreg.800 Federal Reserve Bank Building, Kansas

City, Mo.638 H. W. Hellman Building, Los Angeles,

Calif.Room 202, Treasury Department, office of

Comptroller of the Currency, Washington,D. C.

Post-office box 607, Albany, N. Y.Post-office box 589, Danville, 111.Post-office box 1224, Amarillo, Tex.Pulaski National Bank Building, Pulaski, Va.1248 Washington Avenue, Springfield, Mo.1334 First National Soo Line Building, Min-

neapolis, Minn.514 Post Office Building, Portland, Oreg.407 Central State National Bank Building,

Memphis, Tenn.

(REC)=Acting as receiver of a national bank.(JG)=National bank examiner, ] unior grade.(U)=Unassigned.

CONVICTIONS OF NATIONAL BANK OFFICERS AND OTHERS FORVIOLATIONS OF THE NATIONAL BANKING LAWS DURING THEYEAR ENDED OCTOBER 31, 1929

Information furnished by the Department of Justice relative toconvictions during the year ended October 31, 1929, of officers andemployees of national banks, and others, for violations of the nationalbanking laws, is shown in the following statement:


Criminal cases under the national banking laws resulting in conviction during the year ended October SI, 1929

Name of officer and others

Adams, James B

Alloway, B. L

Baker, Silas L_.Barker, B. C__.Bartlett, R. P . .Baugh, Roy O_.

Beekman, Howard FBench, Joseph HBibb, GeorgeBlack, Bradshaw Hamil-

ton.Bonchetti, Ferruccio

Bostwick, James Emery..

Braden, Grover J

Brown, Guy W__.Brown, JesseBrown, W. LCaldwell, Jess M.Canning, Frank._Coleman, D. R. . .

Cooper, S. C.Cotter, E. V..Cotter, Mae..

Crombie, John CDean, William MDe Arment, R. Gordon

Denman, William C_._

Dennis, Glenn F__Dillon, J. C__.

Dodson, J. SEckman, P. F

Position

Teller

Note teller and gen-eral manager.

CashierBookkeeperDirectorReceiving and pay-

ing teller.BookkeeperTeller

Bookkeeperdo

Manager foreign de-partment.

Employee

Clerk .1

Vice president.do

CashierTellerAssistant manager..

Bookkeeper .

Teflerlllllll

ClerkTellerReceiving and pay-

ing teller.Cashier and vice

president.CollectorBookkeeper* _____

PresidentTeller.....

Title and location of the bank

First National Bank, Nanticoke, Pa

Baldwin National Bank, Baldwin, N. Y

First National Bank, Earlville, N. Y _Commercial National Bank, Muskogee, Okla...First National Bank, Rice, TexCity National Bank, Knoxville, TennFirst National Bank, Montclair, N. JBank of Italy National Trust & Savings Asso-

ciation, Selma, Calif.First National Bank, El Paso, TexBrotherhood National Bank, San Francisco,

Calif.First National Bank, Bridgeville, Pa

Bank of Italy National Trust & Savings Asso-ciation, Los Angeles, Calif.

Los Angeles First National Trust & SavingsBank, Los Angeles, Calif.

Fayette City National Bank, Fayette City, Pa..do.

First National Bank, Lawrenceville, Ga__National Bank of Commerce, Shawnee, Okla__.First National Bank, Garfield, N. JBank of Italy National Trust & Savings Asso-

ciation, Escondido, Calif.First National Bank, Crosbyton, TexFirst National Bank, Murphysboro, HI

do

United States National Bank, Portland, Oreg..First National Bank, Montgomery, AlaFirst National Bank, Sharon, Pa

National Bank of Auburn, Auburn, N. Y_.

First National Bank, Brownsville, TexFirst National Bank, Mullen, W. Va

Misappropriation and misapplica-tion.

False entries and embezzlement. _.

Misapplication and false entries...do

Abstraction ._ ___Abstraction and false entries

False entryEmbezzlement..

AbstractionEmbezzlement..

Aider and abettor.

Embezzlement.,do ,

Aider and abettor-.

EmbezzlementEmbezzlement, misapplication,

and false entries.Misapplication, embezzlement,

and false entries.

First National Bank, Casa Grande, Ariz._Citizens & Southern National Bank, Atlanta,

Misapplication..-Embezzlement. -.

SentenceDate of sen-

tence

1 year, on probation.

Suspended

4H years _„.$100 fine.12 months2 years

5 years2H years...15 months..1 year

3 years

3 months...

2 years

3 years3 years, on probation4 months and $300 fine5 years3 years3 years, on probation

3 years1 year and 1 day30 days in jail; 2 years on

probation; probated toL. Glenn.

18 months-2 years _3 years

1H years.

SllS-lyear ____._.5 years, sentence

Dended.2 years, on probation15 months

Mar. 12,1929

Apr. 16,1929

Apr. 11,1929Mar. 5,1929June 17,1929May 28,1929

Dec. 17,1928Mar. 14,1929

Jan.July

5,19292,1929

July 9,1929

Mar. 4,1929

Feb. 25,1929

May 7,1929Do.

Apr. 3,1929Nov. 30,1928Jan. 7,1929May 18,1929

June 10,1929Mar. 28,1929

Do.

Nov. 23,1928Dec. 7,1928Nov. 15,1928

Do.

Dee. 10,1928June 19,1929

Mar. 7,1929Mar. 23,1929

Oog

I

I


3Sstil, jr., Wallace..-- j PresidentFellman, Warner P Pro-assistant cashier.Fernald, Lewis.. . . . . . .Ficklen, Fielding H . .Fisher, H. A_. —Fisher, Virgil T - .Flint, Curtis E____. . .Forbes, W. L _

Furness, George B.Garrison, O. H

Gentry, ArchieGoddard, William __..Godfrey, S. GGreenshield, James Stuart.

Hacker, Alfred GeorgeHamilton, J. BHamilton, William L

Hanson, J. Walter...Harmon, Raymond..

Harmon, Thomas CHaun. Floyd EHazlett, L. C

Hoegsberg, Knudt B.

Hollister, M. W _

Holm, Holbert O_Holman, V. L..._Hopkins, John A.Huff, H. CHurst, TedHyde, C. T

Jenkins, Audrey D_

Jennings, William . .

Jewell, Alvin . „King, Sidney Ralph.Knudson, OscarExause, Frank J......Lane, Riley T ._

La Place, Basil E

Assistant cashier.Cashier....„PresidentTeller..Cashier...PresidentCashier.

do...

Cashier.do.._do...

BookkeeperPresidentAssistant cashier.

Transit clerk..Bookkeeper..,

Paying teller.,.Vice president _.Receiver „..

Bookkeeper-

Cashier

BookkeeperCashier. _Assistant cashierClerk.Teller . . . .Teller, Woodland

branch.Paying and receiv-

ing teller.Bookkeeper

Employee..

Collection teller.Receiving tellerTellerManager auto loan

department.

National Bank of Commerce, Shawnee, Okla_>,Bank of Italy National Trust & Savings Asso-

ciation, San Rafael, Calif.Citizens National Bank* Baker, Oreg ._National Bank of Wilkes, Washington, Ga.First National Bank, Menasha, WisWyoming National Bank, Casper, Wyo.._.._...First National Bank, Hynes, Calif . . . . . .First National Bank, Kosse, Tex ..

First National Bank, Murphysboro, 111Chase County National Bank, Cottonwood,

Kans.National Bank of Commerce, Eldorado, ArkFirst National Bank, Sardis, Ohio.First National Bank, Cheraw, S. CSouth Pasadena National Bank, South Pasa-

dena, Calif.National State Bank, Newark, N. J. ,First National Bank, Wetonka, S. DakCity National Bank, Bridgeport, Conn

Merchants National Bank, Omaha, Nebr.Virginia National Bank, Petersburg, Va_.

City National Bank, Knoxville, TennCavalier County National Bank, Langdon,

N. Dak.Anglo & London-Paris National Bank, San

Francisco, Calif.North Syracuse National Bank, North Syracuse,

N. Y.First National Bank, Ryder, N. Dak . . . . . .First National Bank, Toledo, OregFirst National Bank, Detroit, MichFirst National Bank, Sanford, Fla.__......_.__.First National Bank, Central City, Ky__Bank of Italy National Trust & Savings Asso-

ciation, Woodland, Calif.City National Bank, Knoxville, Tenn

Old Citizens National Bank, Zanesville, Ohio...

National Bank of Commerce, Eldorado, Ark_.do.

Deseret National Bank, Salt Lake City, Utah...City National Bank, Bridgeport, ConnBank of Italy National Trust & Savings Asso-

ciation, Maryyille, Calif.National Shawmut Bank, Boston, Mass

Misapplication and false entries-..Embezzlement.. ___Accepting commissions on loans...Abstraction and misapplication*..Misapplication . . „ __*Misapplication, false entries, and j

false repot ts.Misapplication |

18 months5 years, on probation .$1,000 fine.....$.1,750 fine. ———_.3 years.. _10 months5 years, en probation......1 year and i day

2 years-..$250 fine-

Aider and abettor..Misapplication and false entries.._Misapplication

False entries..False entries and false report-

Embezzlement and false entries. _.False entries, misapplication, and

abstraction.do

Embezzlement „._

Conspiracy and false entries..

Embezzlementdo.do.

AbstractionAbstraction and false entriesEmbezzlement _

Embezzlement, misapplication,and false entries.

Aider and abettor..MisapplicationEmbezzlement and false entries.

Misapplication..................

2 years and $100 fine..1 year and 1 day.—..7 years..1 year and 1 day.-.. .

2 years, on probation.,.11 months....$1,500 fine..1 year and 1 day..3 years.-...—...

do...10 years and $10,000 fine.,$500 fine ,

7 years and $5,000 fine....

4 years, on probation

13 months... „4 years ....$200 fine . . . — . . .1 year and 1 day

.do.1 year . . . . . . . . . . . .

5 years, on probation

18 months, on probation.2 years and $100 fine.

do..5 years$1,500* fine.........3 years, on probation.....

10 years......

Nov. 19,1928Dec. 22,1928

Feb. 15,1929Mar. 16,1929May 16,1929Deo. 4,1928June 10,1029Nov. 21,1928

Mar. 28,1929Mar. 6,1929

Apr. 15,1929July 10.1929Dec. 4; 1928Dec. 3,1928

May 6,1929Apr. 29,1929Feb. term,

1929.Jan. 31,1929Feb. 27,1929

Do.Dec. 10,1928Jan. 14,1929

Jan. 15,1929

July 17,1929

Apr. 15,1929May 17,1929Nov. 19,1928June 10,1929May 6,1929Feb. 2S1929

Dec. 10,1928

July 10,1929

Apr. 15,1929Do.

Feb. 11,1929Feb.term,1929May 13,1929

O

1

O

a

May 27,1929


Criminal cases under the national banking laws resulting in conviction during the year ended October 81, 1929—Continued 400

3

OOg

Name of officer and others Position Title and location of the bank Offense Sentence Date of sen-tence

Linn, Benj. HLogue, J. ALott, Zona EMcHenry, Louis HMeKean, J. S

McMiUin, J. Edward

Marter, Alexander B_Matheny, S. CMistier, Albert AMyers, Leslie L

Cashier,.do..

Teller..do...

Clerk...

Teller...

Employee-Teller

Nelson, LloydNolte, F. R

O'Neil, James BPatrick, Arthur EPinkard, R. TPutnam, F. RRaborn, Robert Ross.Read, Elbert ARead, Thomas HReese, Carroll LRenfrow, Raymond-..Renick, Arthur CRhodes, Allen H

_ , oClerk and bond

teller, California-M o n t g o m e r y

Branch.CashierTeller

doPresident...Bookkeeper.Cashier

First National Bank, Parshall, N. DakFirst National Bank, Jackson, MissFourth National Bank, Atlanta, GaFirst National Bank, Detroit, MichNational Bank of Huntington Park, Hunting-

ton Park, Calif.First National Bank of Lawrence County, New

Castle, Pa.National Security Bank, Philadelphia, PaSeaport National Bank, Houston, TexBergen National Bank, Jersey City, N. JBank of Italy National Trust & Savings Asso-

ciation, San Francisco, Calif.

Embezzlement and false entries-AbstractionEmbezzlement

Embezzlement and abstraction..

Misapplication.. _Embezzlement

Embezzlement..

$100 fine5 years.1 year and 1 day60 days.3 years, on probation

1 year

3 years5 years, suspended.1 year.5 years .

Vice president-PresidentBookkeeper

doCashierBookkeeper

First National Bank, Milroy, IndPeoples First National Bank of Charleston,

Charleston, S. C.First National Bank, Los Angeles, CalifFarmers National Bank, Chandler, OklaFirst National Bank, Ferrum, VaMorris National Bank, Morris, Minn_National Bank of Commerce, Eldorado, Ark—First National Bank, Shenandoah, Iowa

Misapplication..

-do.

Embezzlement ^False entries and misapplication.EmbezzlementFalse entriesAider and abettorMisapplication and false entries..

Riphahn, James JosephRobertson, George C . . .

Ross, Ernest L_

Sanders, J. B.__

Sanford, R. R__-Scott, Arthur V-

TellerPresident

Employee foreign de-partment.

President

Lindsay National Bank, Gainesville, TexStockyards National Bank, Kansas City, Mo.-.First National Bank, Mount Hope, W. VaBank of Italy National Trust & Savings Asso-

ciation, Oakland, Calif.First National Bank, Madison, WisMontgomery County National Bank, Cherry-

vale, Kans.First National Bank, Boston, Mass

sapp.

2 years, on probation 5years.

4 years$1,000 fine-60 days-$1,000 fine -2 years and $100 fine

Abstraction..

False entries .

Embezzlement..do

$3,000 fine2 years$150 fine5 years3 years, on probation..

18 monthg..5 years

Schweer, H. FSchweer, L. HSeeders, Paul D

BookkeeperAssistant cashier.

President..Cashier...Teller—..

Chase County National Bank, Cottonwood,Kans.

First National Bank, Orange, TexAnglo & London-Paris National Bank, San

Francisco, Calif.First National Bank, Denton, Tex

doBank of Italy National Trust & Savings Asso-

ciation, Alhambra, Calif.

18 months...

$250 fine

Conspiracy

False entries and misapplication.do

Embezzlement—.

3 years4 years and $2,000 fine

4 years..do.

18 months..

Nov. 14,1928May 9,1929Apr. 6,1929Nov. 10,1928May 18,1929

May 25,1929

Oct. 31,1929Apr. 9,1929May 22,1929Jan. 23,1929

Feb. 19,1929June 5,1929

Dec. 17,1928May 13,1929Nov. 27,1928Feb. 12,1929Apr. 15,1929Jan. 26,1929

Do.May 23,1929Feb. 27,1929Nov. 28,1928May 25,1929

Nov. 12,1928Dec. 3,1928

Apr. 1,1929

Mar. 6,1929

Apr. 12,1929Jan. 16,1929

Jan. 10,1929Do.

May 13,1929


Seth, Mrs. Catherine BatesShepherd, JohnShickley, Wayne Byron.-.Shultes, F. ASpencer, James AStarns, Spencer „

Stockard? W. A___Stockwell, V. A. . .Strauss, Frank L.Sullivan, P. D____

Toner, Fred AVeeck, William J_

Vierieh, Henry FWaller. O. W ._Warfield, Ralph L

Welling, I. T

West, R. A___Westerberg, Edward R

Whaley, T. W

Woodward, MaeWycott, Harold H_ _.Young, R. HYoupe, John,_,«___.

Bookkeeper,.do.

Teller _.President __Assistant cashier.Cashier

President-Cashier.. _

.do.-do..

Teller...Cashier.

Savings tellerCashierClerk

Vice president andcashier.

BookkeeperCashier

..do..

Bookkeeper.Cashier

.do..Teller

Ashland National Bank, Ashland, KyLindsay National Bank, Gainesville, TexFirst National Bank, Thermopolis, WyoFirst National Bank, Bonners Ferry, IdahoFirst National Bank, Dillwyn, VaVan Zandt County National Bank, Wills Point,

Tex. jFirst National Bank, Rice, TexFirst National Bank, Bassett, Nebr. jOrrville National Bank, Orrville, Ohio \First National Bank, Mullen, W. Va

Misapplication and false entries...do „

Merchants National Bank, Omaha, NebrFarmers & Merchants National Bank, Boon-

ville, Ind.First National Bank, Fontana, CalifFirst National Bank, Leesburg, FlaBank of Italy National Trust & Savings Associ-

ation, San Francisco, Calif.Carolina National Bank, Darlington, S. C

Fort Worth National Bank, Fort Worth, Tex...National Bank of North Hudson, Union City,

N. J.First National Bank, Kosse, Tex

National Exchange Bank, Steubenville, Ohio..Croghan National Bank, Croghan, N. YFirst National Bank, Lawrenceville, GaPhillipsburg National Bank & Trust Co., Phil-

lipsburg, N. J.

Embezzlement and false entries...

3 months2 years10 monthsm years5 years, on probation3 years

12 months..2 years

do..

Embezzlement.False entriesAbstraction

5 years, sentence sus-pended.

1 year and 1 day2 years, suspended 5 years.

I 2 years, on probationI 1 year and 1 day.! 2 years, on probation

I 8 years

| $124.75 fine _Misapplication I 5 years

Misapplication, false entries, and | 1 year and 1 dayfalse reports. I

_ 18 monthsEmbezzlement and false entries...| 3 years

2 months and $150 fine-False entries and abstraction 2 years, on probation

Dec. 12,1928May 20,1929Nov. 15,1928Nov. 20,1928Feb. 4,1929Apr. 22,1929

June 17,1929Jan. 11,1929Mar. 27.1929June 19,1929

Jan. 31,1929Apr. 8,1929

Do.Jan, 21,1929Apr. 9,1929

Dec. 3,1928

Nov. 6,1928Nov. 26,1928

Nov. 21,1928

July 11,1929July 12,1929Apr. 3,1929Mar. 25,1929

8

i

a

rCO


FEDERAL RESERVE BANKS

Assets and liabilities of the 12 Federal reserve banks combined, as of the last weekly statement date in October, from, 1920 to 1929

, [In thousands of dollars]

Oct. 29,1920 Oct. 26,192l|Oct. 25,1922 Oct. 31,1923 Oct. 29,1924 Oct. 28,1925 Oct. 27,192P Oct. 26,1927;Oct. 31,1928 Oct. 30,1929

ASSETS

Gold reserves ___Other cash reserves __Nonreserve cash _ IBills discounted _Bills bought in open marketUnited States Government obligations.Other bills and securitiesUncollected i tems _All other assets

Total.

LIABILITIES

Federal reserve notes in circulation.Federal reserve bank notes in circulation—net liability.Deposits:

Member bank—reserve accountGovernmentOther

Deferred availability itemsCapital paid in „Surplus „All other liabilities

Total .

2,003,320164,7180)

2, S01, 297298,375296, 371

"742," 976" I34,550

2,786,239 I150,909 !0) !

1, 308, 749 j62,316 I

190,94610

540,06755,679

6,341,607 i 5,094,915

3,351,303 !214,961 |

1, 805, 66118, 75421, 307

571,80797,753

164, 74595,318

6,341, 607

2, 408,77988,024

1, 669,05946, 62422,873

466,044103,007213,82476,681

3,085,093126,8350)

469.399257,691408, 636

27653,48363,931

3, 111, 07880,06739,152

883, 800204, 698

91, 837317

611,27169,047

3,043,82687, 76842,300

222, 565215,404584, 200

2,007611, 70987,490

5,065,095 5,091,267 4,897,269

5,094,915

2,298,53637,995

1,799,93123,65918,180539,773106,277215,39825,346

5,065,095

2, 224,865523

1,895, 26540,33423,061555,914109, 726218,36923, 210

5,091, 267

1,766,622

2,162, 34728, 26627, 351566, 510111,953220,91513,305

2,782, 549110,51152,932589,994328, 7.17324, 7576,619

684,02780,317

4,960,423

2,323, 327130, 75052,841631,923307, 541300,1742,500

693, 55874,449

5,017,063

j

1,694,771

4,897,269

2,227, 21238, 67031,382617, 350116, 602217,83716, 599

4,960,423

1, 730,511

2, 216, 89638, 54625, 689

124, 392220, 31022, 254

5,017,063

2, 956, 552135,79361,137402, 398301, 111510, 630

620688,27773,497

5,130,015

1,702,999

2,351,87019, 29432,287646, 615131,293228, 77516,882

2,641,096131,90056,874

932,271440, 376227,0993,730

694S 47970, 213

5,198,038

1,709,816

2,370,98820,49827, 536655, 508145,878233, 31934,495

5,130,015 6,198,038

3,020,951156,05785,276991,038339,885292,6S825,131772,95570,382

5,754,363

2,651,60818,96725,896714,209167,025254,39842,068

5,754,363

so

O

1 Not shown separately prior to 1923.


EEPOKT OF THE COMPTROLLER OF THE CURRENCY 81Principal assei8 and liabilities of the 12 Federal reserve banks combined, on the

last weekly statement date in each month, from January, 1925, to October, 1929

[In millions of dollars]

Jan. 28..Feb. 25..Mar. 25.Apr. 29...May 27..June24_.July 29...Aug. 26 _.Sept. 30..Oct. 28...Nov. 25..Dec. 30...

Jan. 27 . .Feb. 24..Mar. 31.Apr. 28..May26_.June 30..July 23...Aug. 25..Sept. 29.,Oct. 27...Nov. 24..Dec. 29..

Jan. 28.Feb. 23..Mar. 30.Apr. 27..May 25..June 29..July 27..Aug. 31-.Sept. 28.Oct. 26...Nov. 30.Dec. 28..

1927

Jan. 25.Feb. 29...Mar. 28..Apr. 25..May 29..June 27..July 25..Aug. 29..Sept. 26..Oct. 3 1 . .Nov. 28..Dec. 26...

1928

Jan. 30.Feb. 27...Mar. 27..Apr. 24...May 29..June 26...July 31 . . .Aug. 28 . .Sept. 25..Oct. 30. . .

1929

274434378400414455468580633590G25750

449540632514474515521571717632C28711

365398456444429477398401430402477609

385493524709944

1,0321,0251,0391,011932990

1,168

821952

1,024975988

1,0171,076974944991

317307267278242210202268329359363

295304250199239249211255276308341379

302280237242236216169185242301355386

347344346366304223169184263440482489

4363342081411188375157264340

394365344349349325330332343325332377

365331330389395385369321302300300317

303305353318322376335473494511548603

441408386305219212208209229227229232

202166170150145150147145152293

9891,130 I1,0411,0281,0541,0341,0211,1261,2571,2501,3261,501

1,1191,1851,2261,1141,1191,1581,1061,1501,2981,2421,2711,410

972985

1,0491,006989

1,071954

1,0591,1681,2151,3811,599

1,1741,2451,2571,3811,4681,4681,4021,4331,5081,6031,7061,899

1,4671,4631,4101,2811,2591,2621,3081,2921, 375

2,9392,8942,8672,8512,8382,8112,7912,762% 7602,7832,7462,704

2,8012,7672,7672,7972,8162,8352,8512,8412,8072,8232,8302,815

2,9672,9833,0223,0413?0123,0213.0232,9982,9892,9572,8052,739

2,8192,8082,7602,7232, 6072,5832,6042,6192,6332,6412,6002,584

2,6672,6872,7092,7992,8242,8962,9242,9622,9983,021

3,0833,0303,0082,9932,9822,9592,937

2,8662,8932.8612, 822

2, 9532,9172,9202,9542,9752,9802,9992,9782,9372,9542, 9582,944

3,1333,1413; 1833.2073; 1783,1843,1813,1463,1263,0932,9402.862

2,9882,9742,9312,8S62,7572, 7382,7612,7652, 7712,7732,7222,689

2,8352,8442,8792,9732,9703,0733,1093,1493,1623,177

1,6841,7291,7091,684 I1,671 I1,634 j1,598 !1,616 j1,6851,6951,7321,835

1,6671,6791,6561,6621,6731,6971,6711,6931,7181,7311,7741,857

11?888 j1,708 ;1,711 I1,718 i1,7061,7031,6621,6761,706 i1,7031,7171,813

1,585 I1,588 i1,5671, 5731,5931,605 !1,607 I1,651 !1,682 !1,710 I1,768 i1,911 i

1,6451,6541,6531,6531,6541,6581,7791,8291,8381,880

2,1722,2082,1192,1352,1382,1402,1532,1832,2102,2272,2202,309

2,2172,2032,2152,2032,1952,2292,2052,2042,2492,2172,2022,264

2,1922,1682,2742,2702,2682,3422,2822,2992,3372,3522,3792,432

2,3552,3752,3572,4172,3572,3452,3002,2692,3162,3712,3612,409

2,3912,3672,3322,2902,2862,3442,3552,3062,3642,652

2,2652,2702,1842,1872,2022,2102,2012,2372,2682,2972,2912,357

2,2722,2622,3232,2422,2432,2602,2612,2582,330 i2,2812,2622,346

2,2452,2152, 3282,3142,3262,3992,3302,3412, 3902,4042,4132,473

2,4022,4262,4042,4.752,4082,3822,3462,3252,3662,4192,4112,455

2,4372,4132,3832,3502,3312,4202,3982,3482,4462,696

1 Includes (in addition to bills discounted and bought and United States securities) municipal warrants,Federal intermediate credit bank debentures, and foreign loans on gold.



Percentage of bills discounted secured by United States Government obligations tototal bills discounted and purchased by Federal reserve banks at the end of eachmonth, year ended October 81, 1929

Date

Discounted billssecured by

United StatesGovernmentobligations

Total holdingsof discounted

and purchasedbills

Percentage ofdiscounted bills

secured byGovernmentobligations tototal holdingsof discounted

and purchasedbills

1928Nov. 30 . . „ . . —Dec. 31

1929Jan. 31Feb. 28Mar. 31Apr. 30May 31June 30July 31Aug. 31Sept. 30Oct. 31

$735,746,000659,216,000

499,662,000600,707,000676,295,000516, 526,000583,932,000574,606,000592,783,000517,531,000457,871,000525,686,000

$1,475,014,0001, 545, 536,000

1,245,205,0001,302,184,0001,294,734,0001,113,037,0001,184,646,0001,118, 741,0001,150,281,0001,222, 534,0001, 251,029,0001,354, 691,000

46.742.7

40.146.152.246.449.351.451.542.336.638.8

Federal reserve hank discount rates

The discount rates of each of the 12 Federal reserve banks in effectNovember 1, 1929, the date established, and the previous rate withrespect to all classes and maturities of eligible paper are shown inthe following statement:

Rates on all classes and maturities of eligible paper

Federal reserve bankRate ineffect onNov. 1

Date estab-lished

Previousrate

BostonNew York....Philadelphia-ClevelandKichmondAtlantaChicagoSt. LouisMinneapolis-Kansas City..DallasSan Francisco

JulyNov.JulyAug.JulyJulyJulyJulyMayMayMar.May

19,19281,1929

26,19281.192813,192814,192811,192819.192814S19296.19292,192920.1929

Discount rates prevailing in Federal reserve bank and branch cities

In the table following, prepared by the Federal Reserve Board andpublished in the Federal Eeserve Bulletin for November, 1929, therates shown are those at which the bulk of the loans of each classwere made by representative banks during the week ending withthe 15th of the month. Rates reported by about 200 banks withloans exceeding $7,500,000,000:


FEDERAL RESERVE BANK CITIES

Month Boston New York Philadel-phia Cleveland Richmond Atlanta Chicago St. Louis Min

]I|fp" Kansas

City Dallas San Fran-cisco

1928—OctoberNovember..December—

1929—JanuaryFebruary. _MarchAprilMayJuneJulyAugustSeptember..October

1929—AprilMayJuneJulyAugUSt-.;September..October

1929—AprilMayJuneJulyAugustSeptember..October

1929—AprilMayJuneJulyAugustSeptember-.October

5*4-65

5H-6

6 -6%6 -76 -76 -76 -7634-76 -7

66

6 -7

6 -7

3^5H-6

6

Prime commercial loans

534-65H6

5^-6514-6^

5^-6}534-76 -63>6 -6}

534-5M5H6 5

5H-65

534-6

Loans secured by prime stock-exchange collateral

5M-65%6

6534-76 -6^

66

6 -75H-76 -76 -76 -76 -76 -7

6 -76 -76 -76 -7

6 -W%6 -6M

6

6 -76 -7

6 - K6 -6346 -6M6 -76 -66^-7

Loans secured by warehouse receipts

6 -766666

6> -76 -76 -7

6666

6 -76 -7

Interbank loans

5<£6534-65^-6 534-6

534-63'6 5M-6

6

534-6666666

5}53*534-6

6 -76 -76 -76 -86 -86 -86 -8

6 -6}6 -76 -76 -76 -76 -76 -7

534-65^6534-6534-6

434-5M5M6

5M-66

5M-65M-6

6 -76 -76 -76 -76 -7

66

6 -66 -6K6 -6K6 -6H6 -6K

oH3

o

6

o

o

00CO


FEDERAL RESERVE BRANCH CITIES

City

Buffalo _ .Cincinnati-.PittsburghBaltimoreCharlotte .BirminghamJacksonville ._Nashville.New OrleansDetroi t -Little EockLouisville-HelenaDenver-Oklahoma CityOmahaEl Paso ._ _>HoustonSan AntonioLos AngelesPortlandSalt Lake CitySeattleSpokane

Prime commercial loans

August,1929

6 -6K6

5M-6

6666

6668

6 -6346

6 -86

6 -766

6 — 63^6M-7

September,1929

6 -76

5M-65J4-6

66 -76 -6H

66 -7

6 ~6//£686

6 2

6 -86

6 -76666

6 -7

October,1929

6 -6146

5^-6534-6

66 -8

66

6 -7

6 -634686

6 -76

6 -866

8 —$/£6 -7

66^-7

Loans secured by prime stock-exchange collateral

August,1929

66 ^ 85^-6

66

6 -76 -7

66^-76 -%y26 -8

68

6 -77 -86 -76 -86 -76 -863^-76 -7

76 -7634-7

September,1929

66 -8

666

6 -76 -8

6634-76>^-76 -8

68

7 -8634-76 -8634-76 -8634-76 -%y>

7~6 -634634-7

October,1929

66 -8

66

6" -86 -76 -8

6634-7634-76 - 7

68

634-78

6 -76 -86 -76 -86 -76 -76 -76 —6346 -7

Loans secured by warehousereceipts

August,1929

66 -7

666

6 -76 -8534-66 -7

6 -86

7 -86 -86 -86 -7

8 '6 -76 -86 -76 -7

777

September,1929

66 -7

66

6 -76 -76 -8534-66 -76 -76 -8

67 -86 -86 -8634-77 -8

6 -76 -7

7634-7

7

October,1929

6634-7

66

6 -86 -86 -8534-66 -76^-76 -8

67 -86 -8

8634-77 -8

6 - 8 / 2

6 -76 -7

7634-7

7

Interbank loans

August,1929

6h%-75^-6

666

5^-6

666

6 -86666

534-666

6 -7666

September,1929

6

6

666

53^-66 -6H

6 —6^66- 8

66 —634

65H-6

66 -7

6666

October,1929

66 -7 '

6

6

6 -6346 -§y26

66 -8

66 ~6/^

6

66 -7

666

6 -6>£

8

o

Io

E3


BEPOKT OF THE COMPTROLLER OF THE CURRENCY

BATES FOR MONEY IN NEW YOBK

85

The range of rates for various classes of paperin the New York moneymarket in the year ended October 31, 1929, together with informationin relation to the range of rates in New York since 1920, is shown inthe following statements furnished by the Financial and CommercialChronicle:

Rates for money in New York

Call loans, stock exchange:Range.. . „ . _ _ _

Time loans:60 days«_-> . . . . . ,90 days4 months5 months6 months . .

Commercial paper:Choice* 4 to 6 monthsGood, 4 to 6 months

192S

Novem-ber

6 -10

694- 76M-76*4- 7

6*6- 7

Decem-ber

6 -12

7 - 87 - 7 %7 - 7%7 - 7 %7 - 7%

5*4- 5*45M- 6

January

6 -12

7*6- 87*2- 7%7*4- 7%7*2- 7M7 ^ - 734

1929

February

6 -10

7*,f- 7947*2- 7%7*2- 7347*4- 7%

5*2- 5 ^5?4- 6

March

6 -20

7%- 8*47%- 8794- 8734- 8

694- 6 4

April

6 -15

8*4- 98*4- 98 - 98 - 98 - 9

694- 66 -6*4

1929— Continued

May June July August Septem-ber October

Call loans, stock exchange:Range - __... 6 -15

Time loans:60 days 8*4- 9H90 days 8H- 9344 months. 834- 96 months ._ 8 -6 months 8 -

Commercial paper:Choice, 4 to 6 months 6Good, 4 to 8 months _j 6H

6 -10

7H- 87H- 87W 87*4-!

66*4- !

6 -15

7H- 97*4- SH7*4- Wi7*4- 8%

6 -12

894-9894-9894- 9

6 - 6 * 46*4 m6}4- 6*4 6*4-

6 -10

8%9*i894- 9*48 % - 9*4894- 9*4

6 - 6 * 46*4- &H

5 -10

6*4- 9*47 -9*47 -9*47 -9*47 -9*4

6 - 6 U6*4- 6*£

Rates for sterling bills

[Range for month]

Sight i Cable transfers

1928November..^ -December

1929January.._ -FebruaryM a r c h . . . . . . ~AprilMayJ u n e . .July-August... . . -.September .» . ' . . .October —.

4.84M64." 84^6

4 849424 84^(§4 8491s4.84%

4 84*i 2

4. 849424. 84%a4.84*184. 8491«

-4.842?42-4.851*16

-4.843*42-4,85516-4.85*4-4.86*6-4.85*16-4.84%-4. 85*4-4.84%-4.85*4-4. 87%

4.841Me-4.85M«4.85 -4.85i*l9

4. 842%2-4. 85*44.8434 -4.86944.85*16-4.85%4.85*16 - 4 . 8 5 %4.842^2-4.85%4.8434 -4,85*184.84*3^-4.851^34.842 *&2-4.85M s4! 84*942-4.'85^4.85^2 -4.88*4


Comparison of the range of rates for call loans, 60-day time loans, and choice commercial paper loans in NewYork annually for 1920 to 1929 is shown in the statement following:

Range of rates for money in New York annually, 1920 to 1929

Call loans __Time loans (60 days)____Commercial paper

(choice)

Call loansTime loans (60 days)Commercial paper

(choice) _

1920

Rangefor

January

6-207- 8

6

High

258%

8

Low

57

6

Rangefor De-cember

6 -77 -7H

1925

Rangeor

January

2 -5HZH-ZU

High

65

Low

2

ZH

Rangefor De-cember

1921

Rangefor

January

6 -86 -7H

7H-S

High

9

8

Low

5

Rangefor De-cember

4^-65 -5H

5 -5H

1926

Rangefor

January

4 -64^-5

4 -4H

High

6

m

Low

3ZH

ZH

Rangefor De-cember

4^-64^-4%

1922

Rangefor

January

3 -6

High

6

Low

2HZH

ZH

Rangefor De-cember

ZH-5H

4&4H

1927

Rangefor

January

4 -5

4 -4H

High

5

Low

ZH

Rangefor De-cember

4 -5H4 -4*4

3H-4

1923

Rangefor

January

4^-5

4^-4%

High

6bH

5H

Low

2

Rangefor De-cember

i51928

Rangefor

JanuaryHigh

127%

5H

Low

ZH4H

ZH

Rangefor De-cember

6 -127 - 8

5H-5H

1924

Rangefor

January

ZH-64^-5

4^-5

High

65

5

Low

22

3

Rangefor De-cember

2 -3^4

1929

Rangefor

January

6 -127^-8

High

20

Low

66H

5

Rangefor Oc-tober

5 -106H-9H

6 - 6 K

1

I

HCl


KEPORT OF THE COMPTROLLER OF THE CURRENCY 8 7

NEW YORK CLEARING HOUSE

The figures compiled and furnished by Mr. Clarence E. Bacon,manager, New York Clearing House Association, for the year endedSeptember 30, 1929, disclose there were 24 banks comprising theNew York Clearing House Association with capital of $617,125,300.

Clearings amounted to $456,937,947,313, an increase in the year of$88,020,290,766, and balances reported aggregating $50,462,034,307showed an increase in the year of $11,459,347,232. The averagedaily clearings amounted to $1,508,046,031 and the average dailybalances $166,541,367. The percentage of balances to clearings was11.04.

CLEARING-HOUSE ASSOCIATIONS IN THE 12 FEDERAL RESERVEBANK CITIES AND ELSEWHERE

Clearing-house transactions in the 12 Federal reserve bank citiesduring the year ended September 30, 1929, aggregated $597,688,785,-000, and exceeded by $92,141,261,000 the amount reported in theprevious year. The ratio of clearings by banks in the 12 Federalreserve bank cities was 83.74 per cent of the total clearings of allbanks in 244 reporting cities in the United States, in comparison witha ratio of 82.37 per cent reported for 235 cities last year.

Clearings of banks in 26 other principal cities, each of which hadclearings in excess of $1,000,000,000, amounted to $80,469,530,000,and showed an increase of $5,759,885,000 in clearings reported forthe same cities in the preceding year. The total clearings of the244 cities reporting to the New York Clearing House Association inthe current year aggregated $713,762,335,000, as compared with$614,219,137,000 reported by these cities in the preceding year.

Tables showing the following information are published in theappendix of this report: Comparative statement of transactions of theNew York Clearing House, annually since 1854; comparative state-ment of transactions of the New York Clearing House in years endedSeptember 30, 1929 and 1928; exchanges, balances, and percentagesof balances to exchanges, etc., by the New York Clearing House,annually since 1893; comparative statement of the exchanges of clear-ing houses of the United States by pities, for years ended September30, 1929 and 1928, and comparative statement of transactions ofclearing-house associations in the 12 Federal reserve bank cities andelsewhere, in years ended September 30, 1929 and 1928.

BANKS OTHER THAN NATIONAL

Through the cooperation and courtesy of officials of banking depart-ments of the various States, Alaska, and insular possessions, thecomptroller is enabled to present in this report, as required by section333, Eevised Statutes, statistics in relation to each class of reportingbanks other than national.

79003°—30 -7


Officials of State banking departments and number of each class of banks under their supervision in June, 19291 from which reports of conditionwere received

0000

States, etc.

Maine _ _ . .New HampshireVermontMassachusettsRhode Island . _Connecticut


New York . . . . „ .New JerseyPennsylvaniaDelaware _Maryland...District of Columbia


Virginia... _ .West VirginiaNorth CarolinaSouth Carolina -GeorgiaFloridaAlabama .__Mississippi.LouisianaTexas . . . .ArkansasKentucky _Tennessee


Banks

Names of officials

John G. SmithArthur E. DoleRobert C. ClarkRoy A. Hovey _ .George H. Newhall..-Lester E Shippee

Joseph A. Broderick__Frank H. Smith.Peter G. CameronHarold W. Horsey....George W. Page

Joseph Button __II A. AbbotJohn MitchellAlbert. S. FantA. B. MobleyErnest AmosD. F. GreenJ. S. LoveJ. S. BrockJames ShawWalter E. Taylor0. S. DennyH. L. Grigsby _.

Titles

Bank commissioner. do

Commissioner of banking and insuranceCommissioner of banksState bank commissioner

do

Superintendent, banking department _Commissioner, department of banking and insurance..Secretary, department of bankingState bank commissioner. . . do _

Commissioner of insurance and banking ,Commissioner of banking .Chief State bank examinerState bank examinerSuperintendent of banksComptroller, State of FloridaSuperintendent of banks

doState bank commissionerCommissioner, department of bankingCommissioner, State banking departmentCommissioner, department of bankingSuperintendent of banks

State(com-

mercial)

3

3

23635

2716

113

661

317194355169340151244292193710346434391

4,136

Loanand trustcompa-

nies

481539

1011198

312

14419941726267

819

50

50

Stocksavings

1

22

23

1

7

8

Mutualsavings

335219

1969

75

384

1502792

14

202

Pri-vate

17

17

496

31

86

3

14

201

29

Total

816758

29723

190

716

57926872834

15329

1,791

320194355170344202244299193730347434391

4,223

s3o

o

3o

3


Ohio „.—_IndianaIllinoisMichiganWisconsin . „„_„ «.MinnesotaIowa -Missouri


North DakotaSouth DakotaNebraskaKansas

WyomingColoradoNew Mexico


OregonCaliforniaIdahoUtahNevadaArizona


Alaska. _The Territory of HawaiiPorto RicoPhilippines

Total possessions...

Total United States and posses-

E.H.BlairLuther F. Symons.. _Oscar NelsonR. E. ReichertC. F. Schwenker."-,~A. J. VeigelL. A. Andrew ,._S L. Cantley

Gilbert Semingson . .F R SmithGeorge W. WoodsH. W. KoenekeArthur J LochrieJohn A. ReedGrant McFerson.- _

C. G. Shull „

H C. JohnsonA. A. Schramm .Will C WoodE. W. PorterW. H. HadiockE. J. SeabornJ . B . Button „—

W. G. Smith

Superintendent of banks - „.„. .Bank commissioner - . . «Auditor of public accountsCommissioner, State banking department -~_~ -Commissioner of banking __, .Commissioner of banks „ „Superintendent, department of banking .Commissioner of finance _

State bank examiner.. . . ,_ ._ __ _ _Superintendent of banksSecretary, bureau of banking -Bank commissioner „_ . . »Superintendent of banksStata bank examiner.. _ - _.State bank commissioner . _.-„State bank examiner - .Bank commissioner _ . _ __

Supervisor of bankingSuperintendent of banks. .

doCommissioner, department of finance _ _ _-State bank commissioner , __.State bank examiner.. . . . . . - _ _ _ . .Superintendent of banks

Secretary, territorial banking board _Governor of HawaiiTreasurer « ._ __„__ .Insular treasurer „ -

643487

1,314585785779332

1,085

6,010

30529667580912862

14428

342

2,789

22813719494782232

785

13101812

63

14,437

158

24161613

105

332

5

17

131

39

54

30

42

3

67§

679

18

119

31

35

65

19

5

1

45

11

11

1,608

24 6

747

.

611

60112

36

421

251

2

4i

i

8

391

706762

1,314648807800

1,0631,191

7,291

30830368833012962

15730

342

2,349

23814224494852532

860

13211812

64

17,794

COCO



State (Commercial) Banks

The statements following show a summary of the resources andliabilities of State (commercial) banks on June 29, 1929, and a com-parison of these items with the amounts reported as of June 30, 1928:

Summary of reports of condition of 14,48? State (commercial) banks in the UnitedStates and possessions at the close of business June 29, 1929


RESOURCES

Loans and discounts (including rediscounts):Real estate loans, mortgages, deeds of trust, and

other liens on real estate—On farm land . 799, 745On other real estate 912,256

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) 1, 839, 344

Loans to banks 4, 999Commercial paper bought in open market; accept-

ances payable in United States; and notes, bills,and acceptances payable in foreign countries 674, 052

All other loans _.. -.. 6, 131, 327

Total . . . . . — . 10, 361, 723Overdrafts 38,016Investments:

United States Government securities _„._ 571, 806State, county, and municipal bonds 318, 325Railroad and other public service corporation bonds. 161, 642Stock of Federal reserve banks and other corpora-

tions 38, 792Foreign government bonds and other foreign se-

curities- 31, 583Other bonds, notes, warrants, etc 1, 962, 524

Total 3, 084, 672Banking house, furniture and fixtures „ 464, 469Real estate owned other than banking house _-_-_ 152, 629Cash in vault:

Gold coin 6, 409Gold certificates 5, 678All other cash in vault 133, 437Not classified 168, 473

Total 313,997Reserve with Federal reserve banks or other reserve agents 866, 173Other amounts due from banks 903, 315Exchanges for clearing house and other cash items 298, 859Other resources (including securities borrowed, acceptances of other

banks and bills of exchange or drafts sold with indorsement, andcustomers' liability on account of acceptances) 340, 462

Total resources - - - - - - - 16, 824, 315

LIABILITIES

Capital stock paid in - _ 1, 155, 878Surplus 804,400Undivided profits—net 237, 422Reserves for dividends, contingencies, etc 56, 054Reserves for interest, taxes, and other expenses accrued and unpaid _. 41, 554Due to banks (demand balances) 649, 980Certified and cashiers' checks (including dividend checks), and cash

letters of credit and travelers' checks outstanding 113, 219Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

KEPORT OF THE COMPTROLLER OF THE CURRENCY 91Demand deposits (other than bank and United States):

Individual deposits subject to check 5, 756, 067State, county, and municipal deposits 516, 534Certificates of deposit (other than for money bor-

rowed) __ 149, 237Other demand deposits._„__...._ 93, 425

Total _ mmrr iT e, 515,263Time deposits (including postal savings):

State, county, and municipal deposits _ 33, 890Deposits of other banks --._ 1, 598Other time deposits—

Deposits evidenced by savings pass books 4, 635, 318Certificates of deposit (other than for money

borrowed) „ __ 1, 460, 984Time deposits, open accounts; Christmas sav-

ings accounts, etc 151, 662Postal savings deposits 15, 004

Total . . . . 6, 298, 456United States deposits (exclusive of postal savings) 7, 310Deposits not classified . _ _ _ . . 2, 742Total deposits _ 13, 586, 970Bills payable and rediscounts „ 454, 842Agreements to repurchase United States Government or

other securities sold „__ 3, 148Acceptances executed for customers and to furnish dollar exchange-. 44, 279Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorse-ment), . . . . 439, 768

Total liabilities-. 16, 824, 315

Resources and liabilities of State (commercial) banks in the United States andpossessions June 29, 1929, compared with June 8G, 1928


June 29,1929

Number of banks.,.RESOURCES

Loans and discounts (including rediscounts) ,Overdrafts „ ... . ....InvestmentsBanking house, furniture and fixtures _ __.._....Real estate owned other than banking houseCash in vault „ ._ __.Reserve with Federal reserve banks or other reserve

agents. - -Other amounts due from banksExchanges for clearing house and other cash itemsOther resources ______

Total resourcesLIABILITIES

Capital stock paid in..Surplus _ „Undivided profits—net „_„ -Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaidDue to banks - ....Certified and cashiers' checks and cash letters of credit

and travelers' checks outstanding.Demand deposits -- - ,Time deposits (including postal savings)United States deposits -Deposits not classifiedTotal deposits..Bills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customers _Other liabilities

Total liabilities....

14,437

10,361,72338,016

3,084, 672464, 469152,629313, 997

866,173903,315

340, 46216, 824, 315

1,155,878804,400237, 42256,054

41, 55464.9,980

113, 2196, 515, 2636, 298,456

7,3102,742

13, 586, 970454, 8423,148

44, 279439, 768

16,824, 315

June 30,1928

15,078

9,450,33734, 535

3,542,177458,961145,434367, 270

802,255

215,437366, 019

16, 291,003

1,051,182737,475

285,926

513,947

109,9406,130, 7576, 228, 713

7,855365, 665

13,356, 877399, 365

460,178

Increase

911,3863,481

5,5087,195

63, 918

83,422

533,312

104,696

66,925

49,104

136,0333,279

384, 50669, 743

230,09355, 477

27,017

16, 291,003 533,312

641

457, 505

53,273

5,263

~25~557

545362,923


9 2 BEFOET OF THE COMPTROLLER OF THE CURRENCY

Loan and trust companies

Tho statements following show a summary of the resources andliabilities of loan and trust companies on June 29, 1929, and a com-parison of these items with the amounts reported as of June 30, 1928:

Summary of reports of condition of 1,608 loan and trust companies in the UnitedStates and possessions at the close of business June 29, 1929


RESOURCES


other liens on real estate—On farm land „ 739,316On other real estate „ 659,935

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) 4, 186, 117

Loans to banks 1., 632Commercial paper bought in open market; accept-

ances payable in United States; and notes, bills,and acceptances payable in foreign countries 1, 727, 677

All other loans ---.„ — 1, 997, 202

Total . .9, 311, 879Overdrafts . 7, 585Investments:

United States Government securities 364, 380State, county, and municipal bonds__„ 153, 746Railroad and other public service corporation

bonds 457,276Stock of Federal reserve banks and other corpora-

tions 109,484Foreign government bonds and other foreign securi-

ties. _' . 35, 066Other bonds, notes, warrants, etc 2, 301, 721

t Total 3, 421, 673Banking house, furniture and fixtures 385, 112Real estate owned other than banking house._ - -_ 68, 221Cash in vault:

Gold coin..- 4, 043Gold certificates . 4, 258Ail other cash in vault 61, 746Not classified..-. . 86, 533

Total 156,580Reserve with Federal reserve banks or other reserve agents.» 923, 415Other amounts due from banks 553, 577Exchanges for clearing house and other cash items „ 594, 823Other resources (including securities borrowed, acceptances of other

banks and bills of exchange or drafts sold with indorsement, andcustomers' liability on account of acceptances) ~ 732, 310

Total resources _. 16, 155, 175

LIABILITIESCapital stock paid in 941, 333Surplus . 1, 454, 504Undivided profits—net 208, 632Reserves for dividends, contingencies, etc „.»» 9, 958Reserves for interest, taxes, and other expenses accrued and unpaid.. - 24, 394Duetto banks (demand balances) 792, 134Certified and cashiers' checks (including dividend checks), and cash

letters of credit and travelers' checks outstanding -_.._.. 350, 881Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

BSPORT OD THE COMPTROLLER OF THE CURRENCY 93

Demand deposits (other than bank and United States):Individual deposits subject to check 6, 408, 059State, county, and municipal deposits.. 248? 301Certificates of deposit (other than for money bor-

rowed) 108, 066Other demand deposits . 193, 603

Total ___-_.„ „_„__._„„„ 6, 956, 032Time deposits (including postal savings):

State, county, and municipal deposits „_„ 39, 525Deposits of other banks 50, 031Other time deposits—

Deposits evidenced by savings pass books- _. 3, 264, 721Certificates of deposit (other than for money

borrowed) 292, 170Time deposits, open accounts; Christmas sav-

ings accounts, etc „ 329, 705Postal savings deposits 13, 380

Total „„__„___ . . . . . . . _„ __„„_ 3, 989, 532United States deposits (exclusive of postal savings) „__„„ „ _ _ 44, 134Deposits not classified „__„ . 13, 985Total deposits - _ _ _ . . . . . . . 12, 146, 698Bills payable and rediscounts- 437, 992Agreements to repurchase United States Government or other securi-

ties sold _._ _„ . 2, 669Acceptances executed for customers and to furnish dollar exchange. . 12, 942Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement) _ 916, 053

Total liabilities . . „____ . 16, 155, 175

Resources and liabilities of loan and trust companies in the United States andpossessions June 29, 1929, compared with June SO, 1928


June 29,1929

Number of banks „ - ! 1,608RESOUECES

Loans and discounts (including rediscounts) ._. . . . .— 9,311,879Overdrafts „ - 7,585Investments- ._ . . . . . _.—... - . -- 3,421,673Banking house, furniture and fixtures _.—_. --- 385,112Real estate owned other than banking house —_ -- 68,221Cash in vault —_. 156,580Reserve with Federal reserve banks or other reserve agents._ 923,415Other amounts due from banks. _ _ 553,577Exchanges for clearing house and other cash items 594,823Other resources. . 732,310

Total resources- . . . . . . . ._ . . . . . . . . . .LIABILITIES

Capital stock paid in . . _ . . . . . . . . . . — 941,333Surplus . _ „ . . . - _ - 1,454,504Undivided profits—net 208,632Reserves for dividends, contingencies, etc - 9,958Reserves for interest, taxes, and other expenses accrued and

unpaid.—.-. . . ._——.. . . 24,394Due to banks 792,134Certified and cashiers' checks and cash letters of credit and

travelers' checks outstanding ._. 350,881Demand deposits--., __ _ ._.. 6,956,032Time deposits (including postal savings) _ __..__.__ 3,989,532United States deposits - . 44, .134Deposits not classified 13,985Total deposits „_.._ . , . . . 12,146,698Bills payable and rediscounts. 437,992Agreements to repurchase securities sold - . _ 2,669Acceptances executed for customers 12,942Other liabilities „ 916,053

Total liabilities „...„.......„— ~i67l557l7if

June 30,1928

1, 633

8,298,3415,138

3,874, 652333,65288,056151, 571819,697510,014551, 587598,188

16,155,175 j 15,230,896

803,3281,085,968

215, 538

816,443

338, 8866,903, 8573,957,869

28, 70212, 777

12,058, 534349,926

' 717,602

Increase

,013,5382,447

51,460

5,009103,71843, 56343, 236134,122

924, 279

Decrease

138,005368,538

27,446

11,99552,17531,66315,4321,20888,164

214,062

15, 230, 896 924, 279

25

452,979

19,835

24,309



Principal items of resources and liabilities of loan and trust companies in June ofeach year, 1914 to 1929

The principal items of resources and liabilities of loan and trustcompanies for years ended June 30, 1914 to 1929, inclusive, are shownin the statement following:

[In millions of dollars]

Year

191419151918191719181919-19201921 — _.1922192319241925 •1926.192719281929

Number

1,5641,6641,6061,6081,6691,3771,4081,4741,5501,6431,6Gi1,6801,6561,6471,6331,608

Loans l

2,905. 73,048. 63,704. 34,311. 74,403.84,091. 04,601. 54,277.14, 345.45,064.15,299. 06,126. 66,757. 57,483.38,303. 59,311. 9

Invest-ments

1,261. 31,349.61,605.41,789. 72,115. 62,069. 91,902.11,942. 62,311.12,423. 82, 748. 42,801. 32,806. 83,498.83,874. 73,421.7

Capital

482.2476.8475.8505.5525.2450.4475. 7515.5532.3591. 4621.0643.4673.0745.6803.3941.3

Surplusand profits

564.4577.4605.5641.8646.9588.6612.1649.5680.2739.9813.2882.2994.2

1,128. 01,301. 51,663.1

Totaldeposits

4,289.14,604.05,732.46,413.16,493. 36,167.26,518. 06S175. 06,861. 26,831. 07,785. 39,465. 69,839. 4

11,333. 012,058. 512,146. 7

Aggregateresources

5,489.55,873.17, 028. 27,899. 88, 317.47,959. 98,320.08,181.08, 533. 89,499. 2

10, 323.811, 565. 612,205.213,994.815,230.916.155. 2

* Including overdrafts.

Stock savings banks

The statements following show a summary of the resources andliabilities of stock savings banks on June 29, 1929, and a comparisonof these items with the amounts reported as of June 30, 1928:

Summary of reports of condition of 747^ stock savings banks in the United States atthe close of business June 29, 1929


RESOURCES

Loans and discounts (including rediscounts):Real estate loans, mortgages, deeds of trust, and other

liens on real estate—On farm land . 2, 938On other real estate 582, 623

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) 16, 516

Loans to banks 179Commercial paper bought in open market; accept-


All other loans... 421, 783

Total 1, 006, 325Overdrafts 230Investments:

United States Government securities 101, 396State, county, and municipal bonds 5, 399Railroad and other public service corporation bonds. 12, 384Stock of Federal reserve banks and other corpora-

tions 1,859Foreign government bonds and other foreign se-

curities 1,653Other bonds, notes, warrants, etc 259, 571

Total 382,262Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

EEPORT OF THE COMPTROLLER OF THE CURRENCY 95

Banking house, furniture and fixtures . 43, 502Real estate owned other than banking house—»„ ._ 21, 270Cash in vault:

Geld coin _ . - - -_ - -__ . - _„„_ „ 41Gold certificates--... — . — „ 1, 500All other cash in vault ..____....-_ . 8, 353Not classified., . 7, 451

Total ____„ „ 17,345Reserve with Federal reserve banks or other reserve agents 16, 888Other amounts due from banks _ _ _. „ 93, 960Exchanges for clearing house and other cash items , _ 6, 060Other resources (including securities borrowed, acceptances of other


Total resources . . . _ . . 1, 589, 845

LIABILITIES

Capital stock paid in . „-_____ 62, 487Surplus . . 40, 513Undivided profits—net 13, 624Reserves for dividends, contingencies, etc_, „ „ 1, 062Reserves for interest, taxes, and other expenses accrued and unpaid- 1, 570Due to banks (demand balances)„„„ 8, 107Certified and cashiers* checks (including dividend checks), and cash

letters of credit and travelers' checks outstanding 372Demand deposits (other than bank and United States):

Individual deposits subject to check . 128, 738State, county, and municipal deposits 87, 520Certificates of deposit (other than for money bor-

rowed) _-_ . . . . . . . . . . _ _ _ _ . 3? 386Other demand deposits _ . _ _ _ _ 126

Total . . . . . . . . _ . „ 219, 770Time deposits (including postal savings):

State, county, and municipal deposits . „ . 106Deposits of other banks „ .Other time deposits—


borrowed) . 104, 772Time deposits, open accounts; Christmas savings

accounts, etc__ . " 2, 118Postal savings deposits 969

Total . 1, 230, 228United States deposits (exclusive of postal savings) 5, 381Deposits not classified . 165Total deposits . . . 1, 464, 023Bills payable and rediscounts . 5, 336Acceptances executed for customers and to furnish dollar exchange. _ . 54Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement). 1, 176

Total liabilities „ 1 589 845



Resources and liabilities of stock savings hanks in the United States June 29, 1929,compared with June SO, 1928


Number of banks.

June 29, I June 30, Tri1929 1923

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _Investments _ _Banking house, furniture and fixturesReal estate owned other than banking houseCash in vaultReserve with Federal reserve banks or other reserve agents..Other amounts due from banks _.Exchanges for clearing house and other cash items..Other resources

747 |

1, 006, 325230

382, 26243, 50221, 27017, 34516, 88893,9606,0802,003

791

1, 049,969207

427,98745, 79123, 33519,91227,91787, 86420,1494,066

23

Decrease

44

43,644

45,7252, 2892,0652,567

11,029

14, 0892,063

Total resources 1,589,845 j 1,707,197J l

LIABILITIESCapital stock paid in... _._.S u r p l u s . . . .Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidDuo to banks __„ _.Certified and cashiers' checks and cash letters of credit and

travelers' checks outstandingDemand deposits _ _Time deposits (including postal savings).United States deposits > „___.Deposits not classified.. „___Total deposits __. __.Bills payable and rediscounts.-Agreements to repurchase securities soldAcceptances executed for customerOther liabilities „.._„

62,48740, 51313, 6241,062

1, 5708,107

372219, 770

1, 230, 2285,381

1651,464, 023

5, 336

54 I1,176 I

68,87842, 472

17, 099

10,995

461215, 206

1, 345,996343

161,573,017

3,141

2,590

Total liabilities 1,589,845 1,707,197

-I 117,3-52

6,3911,959

843

2,888

4,584

'I'oss'149

2,195

115,768

~108~9§4

1,352

117, 360

Mutual savings banks

The statements following show a summary of the resources and

liabilities of mutual savings banks on June 29, 1929, and a comparison

of these items with the amounts reported as of June 30, 1928:

Summary of reports of condition of 811 m,utual savings banks in the United Statesat the close of business June 29, 1929


RESOURCES


other liens on real estate—On farm land . 4, 631, 396On other real estate 683, 623

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) 48, 143

Loans to banks 25Commercial paper bought in open market; accept-


All other loans 427, 532

Total. __„ „ 5, 801, 489Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REPORT OF THE COMPTROLLER OF THE CUBBENCY 97

Investments:United States Government securities - . 177, 759State, county, and municipal bonds „ 509, 382Railroad and other public service corporation bonds- 1, 175, 490Stock of Federal reserve banks and other corpora-

tions _ 77,501Foreign government bonds and other foreign secu-

rities ._ 64,518Other bonds, notes, warrants, e t c . . 1, 771, 120

Total . . . 3, 775, 770Banking house, furniture and fixtures . . . . _ ._ 110, 269Real estate owned other than banking house . . . . 23, 059Cash in vault:

Gold coin . . . . 1, 083Gold certificates . . 598All other cash in vault._. ___ „_-__ 4, 750Not classified.--^-..-- - - - - - - - . 25, 064

Total _ „ . . . . 31,495Reserve with Federal reserve banks or other reserve agents . . . . 35, 986Other amounts due from banks 150, 137Exchanges for clearing house and other cash items__„ 5, 946Other resources (including securities borrowed, acceptances of other

banks and bills of exchange or drafts sold with indorsement, andcustomers' liability on account of acceptances) . . . 72, 301

Total resources.--. - 10,006,452- ' • ' —

LIABILITIES

Surplus . — . . . . — - - - 823,693Undivided profits—net . . . . 147, 725Reserves for dividends, contingencies, etc . . _ . 13, 527Reserves for interest, taxes, and other expenses accrued and unpaid. 1, 229Due to banks (demand balances) . . . 182Certified and cashiers' checks (including dividend checks) and cash

letters of credit and travelers* checks outstanding „__-___ 46Demand deposits (other than bank and United States):

Individual deposits subj ect to check . . 18, 085State, county, and municipal deposits_„ . . . . 250Certificates of deposit (other than for money bor-

rowed) - . . 50Other demand deposits . . .. 80, 088

Total . . - . - - - 98,473Time deposits:

State, county, and municipal deposits . . 243Other time deposits-

Deposits evidenced by savings pass books. __._- 8, 889, 914Certificates of deposit (other than for money

borrowed) — _. —. 876Time deposits, open accounts; Christmas sav-

ings accounts, etc_--_--_ 12, 093

Total . — — . - - - - - - - - 8, 903, 126Deposits not classified „ . . . . ._____. _- . .___- . - 1, 519Total de-posits . . . . - „ 9, 003, 346Bills payable and rediscounts 1, 366Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement)- 15, 566

Total liabilities . . . . . . . . — — — — . . . . - - - 10, 006, 452



Resources and liabilities of mutual savings banks in the United States June 29,1929,compared with June 80f 1928


June 29,1929

June 30,1928 Increase Decrease

Number of banks_

RESOURCES

Loans and discounts (including rediscounts)InvestmentsBanking house, furniture and fixturesEeal estate owned other than banking houseCash in vaultReserve with Federal reserve banks or other reserve agents.Other amounts due from banksExchanges for clearing house and other cash itemsOther resources „ . -_- . . . .

611

5,801,4893S 775,770

110, 26923,05931,49535,986

150,1375,946

72,301

616

5, 511,9183,750,591

100, 71614,60031,162

289,57125,1799,553

333

210,6981,726

68,7484,2205,553

Total resources.. 10,006,452 9,688,159 318, 293

LIABILITIES

SurplusUndivided profits—net .Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaid.- _Due to banks _ „Certified and cashiers' cheeks and cash letters of credit and

travelers' checks outstandingDemand deposits.„..» _Time deposits -Deposits not classified._.

•-Total depositsBills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customers.Other liabilities

823,693147,72513, 527

1,229182

4698,473

8,903,1261,519

9, 003, 3461,366

15, 566

851, 590

148, 586

204

1746,962

8, 665,80358

8,673,201540

14,242

13,895

91, 511237,323

1,461330,145

1,324

Total liabilities 10,006,452 9,688,159 318, 293

60, 561

27,897

22

128

Depositors and deposits in mutual and stock savings hanks

Statements showing information relative to the number of mutualand stock savings banks in each State, the number of depositors,the amount of individual deposits, the average amount due eachdepositor, and the average rates of interest paid by banks in eachState, June 30, 1928 and 1929, with similar information for eachyear 1914 to 1929, follow:


Number of mutual savings banks, number of depositors, individual deposits and average deposit account^ by States, June SO', 1928 and 1929

States

Maine - - - .New Hampshire __ . ...VermontMassachusettsRhode IslandConnecticut -

Total New England States.———

New York _ ._New JerseyPennsylvania -Delaware. _Maryland - - -


Ohio - - -Indiana _-WisconsinMinnesota..- - -


WashingtonCalifornia _ —

Total Pacific States ._

Total United states

1928

Numberof banks

855319

1961175

389

14927

»102

14

202

3565

19

i6

616

Depositors

229,367i 364,663i 140, 742

2,931,837234,441887,667

4,788,717

4, 938, 635473, 796653, 02147,480

351,406

6,464,338

» 123,0541 39,4S6

19, 553140,023

322,116

84. 92372; 049

156,972

11,732,143

Deposits

$113,602,0002 208,044,000

97,336, 0001,955,956,000

166,866,000608,986, 000

3,150,850,000

43 301,347, 0C0255,028, 000429,629,000

24,399,000187, 575,000

5,197,978,000

97,290,00024,181,000

7, 692,00069,594,000

198,757,000

50,416,00074,822,000

125, 238,000

8, 672, 823,000

Averagedue eachdepositor

$495.55570. 51691. 59667.14711.76686.05

657,97

870.96538. 27657.91513. 88533.78

804.10

790.63612. 39393. 39497.02

617.04

593. 671,038.49

797.34

739.24

Averagerate of in-terest paid

Per cent4.003.794.504.714.364.60

4.173.162.384.004.00

4. CO4.503.304.00

5.004.00

1929

Numberof banks

335219

1969

75

384

1502739

214

202

3585

19

51

6

611

Depositors

225, 782334,930127,961

2,973,468196, 380904,981

4, 763, 508

5,116,151460, 525542, 02947. 691

325,148

6,491, 544

128,4861 39, 563

20,968141,063

330,090

93,07469, 869

162,943

11, 748, 085

Deposits

$113,402,0002 215, 759,000

98,813,0002,042, 506,000

169, 300,000627,058,000

3, 266,838,000

4,463,046,000267,167,000447? 124,000

24, 641,000194,199,000,,

5,396,177,000

104,4C6,00024,505,0008, 550,000

71, 797,000

209,318,000

53, 739,00075, 527,000

129, 266,000

9,001, 599,000

Average1 due each

depositor

$502. 26644.19772.21686.91862.08692.90

685.80

872.34580.14824.91516.68597.26

831.26

812.99619. 39407. 76508.97

634.12

577. 381,080.98

793.32

766.22

Averagerate of In-terest paid

Per cent4.004.084.174.744.344.75

4.003.973.964.504.00

4.004.003.003.75

4.754.25

• • — •

1 Estimated. 2 Includes savings of 11 trust companies and 11 guaranty savings banks. ^ Includes returns of 1 stock savings bank.

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p

CD


Number of stock savings banks, number of depositors, individual deposits and average deposit account, by States, June SO, 1928 and 1929

States

New Jersey ... «. . . __ -District of Columbia _

Total Eastern States , .

FloridaMississippi .


MichiganIowa


Nebraska „

OregonCalifornia . -UtahNevada


Total United States

1928

Numberof banks

122

23

38

11

704

708

13

23031

36

791

Depositors

40,965120,142

161,107

6.4771 21, 549

28,026

23,1021 1, 292,953

1,316,055

14, 533

115, 3471, 570, 724

62, 7283,895

1,752,694

3, 272,415

Deposits

$26, 607,00038,037,000


$649. 51316.60

64, 644, 000

1, 676, 0005, 576, 000

7,252,000

18,710, 000365,673,000

384,383,000

4,193, 000

> 28,708,00031,044,337,000

23,270,0004,431,000

1,100,746,000

1, 561, 218,000

401.25

258.76258. 76

258. 76

809.89282.82

292.07

288. 52

248.88664.88370.97

1,137.61

628.03

477. 08


Per cent3.003.50

1929

Numberof banks

122

23

4.00

3. 504.00

4.00

3.264.004.004.00

17

8

3676

679

13

11931

- -! *747

Depositors

40,349130,069

170,418

3,930i 5, 730

9,660

19,179428,229

447,408

12,298

6211, 587,274

63, 56214,288

3,655,745

2,295, 529

Deposits

$25,546,00040,519,000

66,065,000

1,210,0003, 708,000

4,918,000

18,605,000383,274,000

381,879,000

4,012,000

493,000'963,444,000

24, 273,0004,914,000

993,124,000

1,449,998,000


$633.13311.52

387.66

307.89647.12

509.11

970.07848.32

853. 54

326.23

793.88606.98381.88

1,145.99

599.81

631.66


Per cent4.003.50

4.004.00

3.503.50

4.00

3.004.004.004.00

3

o

O

o

i Estimated. * Includes savings of 104 commercial banks. 3 Includes savings of departmental banks.


EEPOKT OF THE COMPTROLLER OF THE CTJKKENCY 101

Number of savings banks (mutual and stock) in the United States, number of de-positors, amount of individual deposits, and average amount due each depositorin years ended June 80, 1914, to 1929, inclusive

[For prior years, see annual report for 1920, vol. 1, pp. 236-242]

Year

1914—Mutual savings banks...Stock savings banks

191.5—Mutual savings banks...Stock savings banks

1916—Mutual savings banks...Stock savings banks. . . . .

1917—Mutual savings banks...Stock savings banks. .__.



1920—Mutual savings banksStock savings banks




1924—-Mutual savings banks...Stock savings banks .


1928— Mutual savings banks...Stock savings banks


1928—Mutual savings banks...Stock savings banks.

1929—Mutual savings banks,..Stock savings banks..

Banks

6311,466

6301,529

6221,242

6221,185

1.194'622

1,097620

1,087623978619

1,066618

15O29613990611972620904618843616791611747

Depositors

8,277,3592,832,1408, 307, 7872, 977, 9688, 592, 2712, 556,1218, 935,0552,431, 9589, 011, 4042, 368, 0898, 948, 8082,486,0739,445,3271,982,2299,619, 2601,118,5839,6,55,8812,883,13610,057,4363,282, 89710,409,7763, 562,01710,616,2154,040, 31211,053, 8884, .107,91311,337,3983,476, 87311,732,1433,272,41511, 74S, 0852,295, 529

Deposits

$3,915,555,2861,018,330,0713,950, 585,6311,046,098,9174,187,916,941901,936,188

4,422,489,344996,165,031

4,422, 092,9911, 049, 694,8904, 751,300,0001,152,127,0005,186,952,0001,351,242,0005,575,147,000442,851,000

5,779,506,0001,401, 742,000C, 288, 551,0001, 609, 358, 0006,693,246,0001, 746, 609, 0007,146, 951, 0001,918,230,0007, 577, 504, 0002, 021, 614, 0008, 077, 099, 0001,661,803,0008,672,823,0001, 561,218, 0009, 001, 599,0001,449,998,000

Averagedue eaoiidepositor

$473.04359.56475.53351.28487.40852.85494.96409.61490. 72443. 27530.94463.43549.16681.68579.58395.90598. 55486,19625.26490. 22642.98490. 34673. 21474. 77685. 51492.13712.43477.88739.24477.08766.22631. 66

Private banks

The statements following show a summary of the resources andliabilities of private banks on June 29, 1929, and a comparison ofthese items with the amounts reported as of June SO, 1928:

Summary of reports of condition of 891 private banks in the United States at theclose of business June 29, 1929


KESOURCES

Loans and discounts (including rediscounts):Real estate loans, mortgages, deeds of trust, and other liens

on real estate—On farm land „-„.«_„_-_„__..__„ 7, 641On other real estate „ , . . - - . 7, 755

Loans secured by United States Government and otherbonds, stocks, and securities (exclusive of loans to banks) - 6, 751

Loans to banks _ _ _ _ „____., „„_„ 279Commercial paper bought in open market; acceptances pay-

able in United States; and notes, bills, and acceptancespayable in foreign countries „„ 1, 599

All other loans _ _ ~ - „ — . „ — — - . 69, 698

Total . „ . 93,723Overdrafts. . . . . . .._ — . — . — - 833



Investments:United States Government securities 3, 678State, county, and municipal bonds 2, 053Railroad and other public service corporation bonds 1, 025Stock of Federal reserve banks and other corporations 3, 746Foreign government bonds and other foreign securities 454Other bonds, notes, warrants, etc_„ - 16, 870

Total 27,826Banking house, furniture and fixtures - 3, 418Real estate owned other than banking house „ 6, 798Cash in vault:

Gold coin . . .» 40Gold certificates „ 49All other cash in vault 1, 153Not classified „ „_„„_ 1, 266

Total 2,508Reserve with Federal reserve banks or other reserve agents 4, 787Other amounts due from banks 12, 349Exchanges for clearing house and other cash items 1, 078Other resources (including securities borrowed, acceptances of other


Total resources ^ 156, 490

LIABILITIES

Capital stock paid in . 9, 905Surplus „ „ 9,536Undivided profits—net „ 2, 479Reserves for dividends, contingencies, etc . »._ 50Reserves for interest, taxes, and other expenses accrued and unpaid.-_ 61Due to banks (demand balances) 2, 862Certified and cashiers' checks (including dividend checks), and cash

letters of credit and travelers' checks outstanding 362Demand deposits (other than bank and United States):

Individual deposits subject to check 47, 721State, county, and municipal deposits 3, 691 •Certificates of deposit (other than for money borrowed) 2, 747Other demand deposits 2, 199

Total „ —— 56,358Time deposits (including postal savings):

State, county, and municipal deposits „ 126Deposits of other banks 10Other time deposits—

Deposits evidenced by savings pass books 27, 394Certificates of deposit (other than for money borrowed) _ 19, 324Time deposits, open accounts; Christmas savings

accounts, etc 2, 296Postal savings deposits 30

Total 49,180United States deposits (exclusive of postal savings) 1, 044Deposits not classified 1, 710Total deposits _* ___. 111, 516Bills payable and rediscounts 16, 660Agreements to repurchase United States Government or other securities

sold .._ 46Acceptances executed for customers and to furnish dollar exchange 19Other liabilities (including securities borrowed and acceptances of other

banks and bills of exchange or drafts sold with indorsement) _ 6, 218

Total liabilities _«_ 156, 490


KEPOET OF THE COMPTKOLLER OF THE CTJKEENCY 103

Resources and liabilities of private banks in the United States June 29, 1929, com-pared with June SO, 1928


Number cf banks_

RESOURCES

Loans and discounts (including rediscounts) „OverdraftsInvestments „ -Banking house, furniture and fixturesReal estate owned other than banking house -Cash in vault „.__ ——— -Reserve with Federal reserve banks or other reserve agentsOther amounts due from banks _____ _.Exchanges for clearing house and other cash itenas,.__-._Other resources,., - - -

Total resources..

LIABILITIES

Capital stock paid in __ ......Surplus _ _Undivided profits—net _ »Reserves for dividends, contingencies, etc _ _Reserves for interest, taxes, and other expenses accrued and

unpaid „ «Due to banks „.._« -Certified and cashiers' checks and cash, letters of credit and

travelers' check outstanding._.__.„_... -„..«. _Demand deposits. _ -„_ . . . .__,„_.„Time deposits (including postal savings) _...__-United Statesdeposits___._—————.____ -Deposits not classified.—_~ . - __--Total deposits ______>.— _.Bills payable and rediscounts.Agreements to repurchase securities sold _.Accep lances executed for customers _ _Other liabilities „ __»-_

June 29,1929

391

93, 723833

27,8263,4180, 7682,5084,78712,3491,0783,170

156, 490

Total liabilities. —... 156,490 148,834

9,9059,5362,479

50

612,862

36256,35849,1801,0441,710

111,51616,660

4619

6,218

June 30, T _10Oo ' Increase1928

404

86,507389

28,9593,3476,8622, 8172, 588

13, 287867

3, 211

148, 834

8. 2788,329

1, 775

1,422

15346,07443,090

21, 422112,161

II, 989

6,302

7,216444

71

2,199

7,656

1, 6271,207

8.15

1,440

20910, 2846,090I, 044

4,671

7,656

Decrease

1,133

64309

"938

19, 712645

19

All reporting hanks other than national

The statements following show a summary of the resources andliabilities of all reporting banks, other than national, on June 29,1929, and a comparison of these items with the amounts reportedas of Juno 30, 1928:

Summary of reports of condition of 17,794 State {commercial), savings, private banks,and loan and trust companies in the United States and possessions at the close ofbusiness June 29, 1929

[In thousands of dollars]RESOURCES


other liens on real estate-—On farm land . . . — .._.-.— 6, 181, 036On other real estate-__._._--- _-__ _- 2, 826, 192

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) - . 6,096, 871

Loans to banks.- 7, 114Commercial paper bought in open market; accept-

ances payable in United States; and notes, bills,and acceptances payable in foreign countries 2, 416, 384

All other loans _-- 9, 047, 542

Total ... — . 26, 575, 139Overdrafts . „ 46,664


104 REPOET OF THE COMPTROLLER OF THE CURRENCY

Investments:United States Government securities 1, 219, 019State, county, and municipal bonds 988, 905Railroad and other public service corporation

bonds 1, 807, 817Stock of Federal reserve banks and other corpora-

tions -_- 231,382Foreign government bonds and other foreign

securities 133, 274Other bonds, notes, warrants, etc 6, 311, 806

Total 10, 692, 203Banking house, furniture and fixtures - _ - 1, 006, 770Heal estate owned other than banking house 271,977Cash in vault:

Gold coin --- 11, 616Gold certificates 12,083All other cash in vault . - - . 209, 439Not classified . . . 288, 787

Total 521,925Reserve with Federal reserve banks or other reserve agents 1, 847, 249Other amounts due from banks _ 1, 713, 338Exchanges for clearing house and other cash items 906, 766Other resources (including securities borrowed, acceptances of other

banks and bills of exchange or drafts sold with indorsement, andcustomers' liability on account of acceptances) 1, 150, 246

Total resources..-- 44, 732, 277

LIABILITIESCapital stock paid in _ „ . . 2, 169, 603Surplus „ - 3, 132, 646Undivided profits—net --_ 609, 882Reserves for dividends, contingencies, etc 80, 651Reserves for interest, taxes, and other expenses accrued and unpaid- _ 68, 808Due to banks (demand balances) 1, 453, 265Certified and cashiers' checks (including dividend checks), and cash

letters of credit and travelers' checks outstanding . _ - 464, 880Demand deposits (other than bank and United States):

Individual deposits subject to check . 12, 356, 670State, county, and municipal deposits 856, 296Certificates of deposit (other than for monev

borrowed) _, 263, 486Other demand deposits _-__ 369, 444

Total „ . ' 13, 845, 896Time deposits (including postal savings):

State, county, and municipal deposits „ . 73, 890Deposits of other banks 51, 639Other time deposits—


borrowed) 1,878, 126Time deposits, open accounts; Christmas sav-

ings accounts, etc 497, 874Postal Savings deposits 29, 383

Total „ . „ 20, 470, 522United States deposits (exclusive of postal savings)-.- - 57, 869Deposits not classified 20, 121Total deposits 36, 312, 553Bills payable and rediscounts 916, 196Agreements to repurchase United States Government or other secur-

ities sold_____-_- __- 5, 863Acceptances executed for customers and to furnish dollar exchange. _ 57, 294Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement) - 1, 378, 781Total liabilities 44, 732, 277


REPORT OD THE COMPTROLLER OF THE CURRENCY 105Resources and liabilities of State {commercial), savings, private banks, and loan and

trust companies in the United States and possessions June 29, 1929, comparedwith June SO, 1928


June 29,1929 June 30,1928 Increase Decrease

Number of banks..

RESOURCES

Loans and discounts (including rediscounts)Overdrafts - -Investments __.__ .Banking house, furniture and fixturesHeal estate owned other than banking houseGash in vaultEeserve with Federal reserve banks or other reserve

agents .Other amounts due from banks .Exchanges for clearing house and other cash items.....Other resources

Total resources.,

Capital stock paid inSurplus - ...._-.Undivided profits—netReserves for dividends, contingencies, etcEeserves for interest, taxes, and other expenses accrued

and unpaid .Due to banks.- _Certified and cashiers' checks and cash letters of credit

and travelers' checks outstandingDemand deposits _Time deposits (including postal savings)United States deposits „Deposits not classifiedTotal deposits.Bills payable and rediscounts.--Agreements to repurchase securities sold-.. _Acceptances executed for customers _.Other liabilities. -

Total liabilities.

17,794

26,575,13946,664

10,692,2031,006, 770

271,977521, 925

1,847,2491, 713, 338

906, 7661,150,246

44, 732,277

2,169,6033,132,646

609,88280,651

1,453,265

464,88013,845,89620,470, 522

57,86920,121

36,312,553916,196

5,86357,294

1,378, 781

18,522

24,897,07240,269

11,624,366942,467278,287572,732

1,652,4571,730,441

789,7661,038, 232

2,178,0676,395

64,303

194,792

117,000112,014

43,066,089 1,666,188

1,931,6662,725,834

G68,924

1,343,011

449,61413,302,85620,241,471

36,900399,938

35,773,790764,961

1,200,914

237,937406,812

90,417

110,254

15,266543,040229,051

20,9G9

538, 763151,235

241,024

:, 732. 277 43,086,089 1, 666,188

932,163

6,31050,807

17,103

379,817


106 BE PORT OF THE COMPTROLLER OF THE CURRENCY

The resources and liabilities of each class of reporting banks, otherthan national, June 29, 1929, are shown in the following table:Resources and liabilities of 17,794 State {commercial) banks, loan and trust com-

panies, savings banks, and private banks, June 29, 1929

pn thousands of dollars]

14,437State

(commer-cial) banks

1,008loan and

trustcompanies

747 stocksavingsbanks

611mutualsavingsbanks

391privatebanks

Total,17,794banks

RESOUBCES

Loans and discounts (includingrediscounts)

OverdraftsInvestmentsBanking house, furniture, and fix-

turesReal estate owned other than bank-

ing houseCash in vaultReserve with Federal reserve banks

or other reserve agentsDue from banksExchange for clearing house and

other cash itemsOther resources

Total resourcesLIABILITIES

Capital stock paid inSurplusUndivided profits—net-Reserves for dividends, contingen-

cies, etcReserves for interest, taxes, and

other expenses accrued and un-paid

Due to banks.-Certified and cashiers' checks and

cash letters of credit and travel-ers' checks outstanding-

Demand deposits-Time deposits (including postal

savings)United States deposits „Deposits not classifiedTotal depositsBills payable and rediscountsAgreements to repurchase securi-

ties sold _.Acceptances executed for customers.Other liabilities

Total liabilities

10,361,72338,016

3,084,672

464,469

152, 629313, 99?

866,173903,315

340,462

9,311,8797,585

3,421,673

385,112

68,221156, 580

923,415553,577

594.823732', 310

1,008,325230

382,262

43,502

21,27017,345

16,88893,960

6,0602,003

5,801,489

3, 775, 770

110,269

23,05931,495

35,986150,137

5,94672,301

93,723833

27,826

3,418

2,508

4,78712,349

1,0783,170

16,824, 315 1, 589,845 10, QQ6,452 156,490

1,155,878804,400237,422

56,054

41, 554

113, 2196, 515,263

6, 298,4567, 3102,742

13, 586, 970454,842

3,14844, 279

439, 768

941,3331,454, 504

208,632

9,958

24,394792,134

350,8816,956,032

3,989, 53244,13413,985

12,146, 698437,992

2,66912,942

916, 053

62,48740, 51313,624

1,062

1,5708,107

372219,770

1,230,2285,381

1651,464, 023

5,336

823, 693147, 725

13, 527

1,229182

4698,473

8, 903,126

1,5199,003,346

1,366

541,176 15, 566

9, 9059, 5302,479

50

612,862

36256,358

49,1801,0441,710

111, 51016, 660

4619

6,218

26,575,13946,664

10,692,203

1,006,770

271,977521,925

1,847,2491, 713,338

906,7661,150,246

44, 732, 277

2,169,6033,132, 646

009,882

80,651

1,453,265

13,845,896

20,470, 52257,86920,121

36,312, 553916,196

5,86357,294

1,378,781

18,824,315 16,155,175 1,589,845 10,006,452 156,490 44,732,277

Principal items of resources and liabilities of all reporting hanks otherthan national on or about June 807 1925-1929

The principal items of resources and liabilities of reporting banks,other than national, for years ended on or about June 30, 1925, to1929, are shown in the statement following:Principal items of resources and liabilities of State {commercial), savings, private

banks, and loan and trust companies[In thousands of dollars]

Items

Loans l „InvestmentsCashCapitalSurplus and undivided profitsDeposits (individual)Resources

1925

21, 073,9909, 669, 669

591, 6811,800,2762, 580,134

30,411, 03037, 706,174

1926

22, 623,1079, 972,888

636, 5691,860,4312, 858, 653

31, 789, 88439, 577, 738

1927

23,348,34410,861, 875

643,6921, 902, 3253,130, 367

32, 893, 20141, 550, 615

1928

24,437, 34111, 624,366

572,7321,931, 6663, 394,758

33,944, 26543, 066, 089

1929

26, 621,80310, 692, 203

521,9252,169,6033, 742, 528

34, 316,41844, 732,277

1 Including overdrafts.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


NATIONAL BANKS

The statements following show a summary of the resources andliabilities of reporting national banks on June 29, 1929, and a com-parison of these items with amounts reported as of June 30, 1928:

Summary of reports of condition of 7,586 national banks in the United States andpossessions at the close of business June 29, 1929


RESOURCES


other liens on real estate—On farm land ._._„ 308, 785On other real estate 1, 104, 220

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks). -.._..„ 5, 113, 792

Loans to banks.__ 365, 009Commercial paper bought in open market; accept-

tances payable in United States; and notes, bills,and acceptances payable in foreign countries 328, 011

All other loans „ „ 7, 583, 313Total „ „„ __„_„ r r m r r m u, soi, 130

Overdrafts _„.-_-__, ..____„-._„„_..... 10, 193Investments:

United States Government securities , 2, 803, 860State, county, and municipal bonds . _ _ . 757, 207Railroad and other public service corporation

bonds 1, 286, 615Stock of Federal reserve banks and other corpora-

tions „ . . . 193,471Foreign government bonds and other foreign se-

curities 494, 076Other bonds, notes, warrants, etc . 1, 121, 306

Total . __. „_-._ 6, 656, 535Banking house, furniture and fixtures 747, 684Real estate owned other than banking house 118, 839Cash in vault:

Gold coin . 15, 237Gold certificates 35, 669Ail other cash in vault . . 247, 097Not classified „__. None.

Total ZZ7Z 298,003Reserve with Federal reserve banks or other reserve agents 1, 344, 951Other amounts due from banks ~ . . 1, 854, 187Exchanges for clearing house and other cash items „ 785, 006Other resources (including securities borrowed, acceptances of other

banks and bills of exchange or drafts sold with indorsement, andcustomers' liability on account of acceptances) ._„ 823, 700

Total resources 27, 440, 228LIABILITIES

Capital stock paid in..» 1, 627, 375Surplus. „ 1, 479, 052Undivided profits—net ._ 487, 504Reserves for dividends, contingencies, etc 80, 832Reserves for interest, taxes, and other expenses accrued and unpaid. 73j 968National-bank circulation 649, 452Due to banks (demand balances) 2, 175, 932Certified and cashiers7 checks (including dividend checks) and cash

letters of credit and travelers' checks outstanding „ 372, 550


108 BEFOBT OF THE COMPTROLLER OF THE CURRENCY

Demand deposits (other than bank and United States):Individual deposits subject to check 9, 071, 077State, county, and municipal deposits 1, 104, 247Certificates of deposit (other than for money bor-

rowed) 149, 107Other demand deposits - 179,837

Total —— 10, 504, 268Time deposits (including postal savings):

State, county, and municipal deposits 344, 493Deposits of other banks 81, 446Other time deposits—


borrowed) 1, 290, 947Time deposits, open accounts; Christmas sav-

ings accounts, etc ^ 422, 003Postal savings deposits __. . 88, 569

Total - 8, 317, 095United States deposits (exclusive of postal savings) 228, 243Total deposits 21, 598, 088Bills payable and rediscounts 714* 507Agreements to repurchase United States Government or other secu-

rities sold 49, 660Acceptances executed for customers and to furnish dollar exchange- 392, 623Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement) _ 287, 167

Total liabilities . - - - 27,440,228

Resources and liabilities of national banks in the United States and possessionsJune 29, 1929, compared with June 30, 1928


June 29, 1929 June 30, 1928 Increase Decrease

Number of banks _

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts -InvestmentsBanking house, furniture and fixtures __Real estate owned other than banking houseCash in vault _Reserve with Federal reserve banks or other reserve agents.Other amounts due from banksExchanges for clearing house and other cash itemsOther resources

Total resources

LIABILITIES

Capital stock paid inSurplus >.Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses aocrued

and unpaidNational-bank circulationDue to banksCertified and cashiers' checks and cash letters of credit

and travelers' checks outstandingDemand depositsTime deposits (including postal savings)United States depositsTotal depositsBills payable and rediscountsAgreements to repurchase securities soldAcceptances executed for customersOther liabilities

Total liabilities

7,536

14,801,13010,193

6, 656, 535747, 684118,839298, 003

1, 344,9511,854,187

785, 006823,700

7,691

15,144,99510,138

7,147,448721, 229125, 680315,113

1, 453, 3831,885,967

963, 332740,954

55

155

343,865

26,455490,913

82,746

6,84117,110

108,43231, 780

178,326

27,440, 228

1,627,3751,479,052

487,50480,832

73,968649,452

2,175,932

372,55010, 504, 2688,317, 095

228, 24321, 598, 088

714, 50749, 660

392,623287,167

28,508,239 1, 068,011

1, 593,8561,419,695

557,437

83, 753649,095

2,738,017

414,97111, 003,7958,296,638

185,01622, 639,337

801,185

763,881

33, 51959,35710,899

3579,785

20,45742,327

582,085

42,421499,527

1,041, 24986, 678

34,431

27,440, 228 28,508,239 1,068,011



ALL REPORTING BANKS IN THE UNITED STATES AND POSSESSIONS

The statements following show a summary of the resources andliabilities of all reporting banks in the United States and possessionson June 29, 1929, and a comparison of these items with the amountsreported as of June 30, 1928:

Summary of reports of condition of 25,880 reporting hanks in the United Statesand possessions at the close of business June 29, 1929


RESOURCES


other liens on real estate—On farm iand.___-_ 6, 489, 821On other real estate- 3, 930, 412

Loans secured by United States Government andother bonds, stocks, and securities (exclusive ofloans to banks) „___ 11, 210f 663

Loans to banks. „ - 372, 123Commercial paper bought in open market; accept-

ances payable in United States; and notes, bills,and acceptances payable in foreign countries „ 2, 742, 395

All other loans . 16, 630, 855

Total _„ 41, 376, 269Overdrafts.. _ „_„ . 56,857Investments:

United States Government securities 4, 022, 879State, county, and municipal bonds._„ 1, 746, 112Railroad and other public service corporation

bonds.. „_„_____„ 3, 094, 432Stock of Federal reserve banks and other corpo-

rations.... ._ 424,853Foreign government bonds and other foreign

securities „ 627, 350Other bonds, notes, warrants, etc „ 7, 433, 112

Total . . . __.__..____„__ 17, 348, 738Banking house, furniture and fixtures _.~ 1, 754, 454Real estate owned other than banking house 390,816Cash in vault:

Gold coin - .______„„ 26, 853Gold certificates-- . . . . 47, 752All other cash in vault . . 456. 536Not classified, . . . . . 288, 787

Total - .._- .._ -..-- 819, 928Reserve with Federal reserve banks or other reserve agents 3, 192, 200Other amounts due from banks 3, 567, 525Exchanges for clearing house and other cash items 1, 691, 772Other resources (including securities borrowed, acceptances of

other banks and bills of exchange or drafts sold with indorse-ment, and customers' liability on account of acceptances) 1, 973, 946

Total resources..._„_ . . . . — - . . _ . — 72, 172, 505

LIABILITIES

Capital stock paid in_ - - — 3, 796, 978Surplus - - . — - 4, 611, 698Undivided profits—net . . . . - 1, 097, 386Reserves for dividends, contingencies, etc-_. 161, 483Reserves for interest, taxes, and other expenses accrued and unpaid- - 142, 776National-bank circulation - ,„„, . . . 649, 452



Due to banks (demand balances) 3, 629, 197Certified and cashiers' checks (including dividend checks), and

cash letters of credit and travelers' checks outstanding 837, 430Demand deposits (other than bank and United States):

Individual deposits subject to check 21, 427, 747State, county, and municipal deposits 1, 960, 543Certificates of deposit (other than for money

borrowed) „ 412, 593Other demand deposits 549, 281

Total 24, 350, 164Time deposits (including Postal Savings):

State, county, and municipal deposits 418, 383Deposits of other banks 133, 085Other time deposits—


borrowed) 3, 169, 073Time deposits, open accounts; Christmas sav-

ings accounts, etc 919, 877Postal Savings deposits . 117, 952

Total 28, 787, 617United States deposits (exclusive of Postal Savings) „ 286, 112Deposits not classified 20, 121Total deposits- . 57, 910, 641Bills payable and rediscounts . 1, 630, 703Agreements to repurchase United States Government or other

securities sold 55, 523Acceptances executed for customers and to furnish dollar exchange 449, 917Other liabilities (including securities borrowed and acceptances of

other banks and bills of exchange or drafts sold with indorsement) _ 1, 665, 948

Total liabilities . 72, 172, 505


REPORT OF THE COMPTROLLER OF THE CURRENCY 111Resources and liabilities of all reporting banks in the United States and possessions

June 29> 1929', compared with June SO, 1928


Number of banks- -

RESOUKCES

Loans and discounts (including rediscounts)Overdrafts- - »-InvestmentsBanking house, furniture and fixtures -...Real estate owned other than banking house.- -.Cash in vaultReserve with Federal reserve banks or other reserve agents.Other amounts due from banks-Exchanges for clearing house and other cash items ->.Other resources - -

Total resources ——

LIABILITIES

Capital stock paid in__..._ —————.Surplus „ „.„._..-__—Undivided profits-—net •Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaid- -National oank circulationDue to banks ._.Certified and cashiers' checks and cash letters of credit

and travelers' checks outstandingDemand deposits-_ -Time deposits (including postal savings) —United States deposits -Deposits not classified - - —Total deposits -Bills payable and rediscounts- __-_—Agreements to repurchase securities sold _ „ -Acceptances executed for customers. _._.Other liabilities —— -

Total liabilities ~_ —

June 29,1929 June 30,1928

25,330

41,376,26956,847

17,348,7381,754,454390,816

v 819,928v-3,192,200v-3, 567, 525> 1, 691, 7721,973,946

72,172, 505

3, 796,9784,611,6981,097, 386161,483

142,776649,452

3,629,197

837,43024,350,16428,787, 617

286,11220,121

57, 910, 6411,630, 703

55, 523449, 917

1,685, 948

72,172, 505

26,213

39, 542,06750,407

18,771,8141,663,698403,967887,845

3,105,8403,616,4081,753,0981,779,186

71, 574, 328

Increase

1,834,2026,450

90,758

86,360

1,423,076

13,15167,917

48,88361,320

194,760

598,177

3, 525, 5224,145, 529

1, 310,114

649.0954,081,028

864, 58524,306,65128,538,109

222,816399,938

58,413,1271, 566,146

1,964, 795

71,574, 328

271,456466,169

91,531

357

43,513249, 50863,295

64, 557

206, 593

>8,177

Decrease

883

451,831

27,155

379,817502,486

The table following shows the population of each State, number ofreporting banks, resources and liabilities, a classification of loans anddiscounts, investments, cash and demand and time deposits, June29, 1929, with a recapitulation by classes of banks:


Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions June, 1929 {includes national^ State {commercial)banks, loan and trust companies, savings and private banks)

States and Territories, etc.Population(approxi-

mate)

Num-ber ofbanks

Loans anddiscounts(including

rediscounts)

Resources (in thousands of dollars)

Over-drafts

Invest-ments

Bankinghouse,

furnitureand

fixtures

Realestateownedotherthan

bankinghouse

Cash invault

Lawful re-serve withFederal re-serve banks

or otherreserveagents

Otheramountsdue from

banks

Exchangesfor clear-ing houseand other

cashitems

Other re-sources

Total re-sources

Maine . . .New HampshireVermontMassachusetts _.Rhode Island..Connecticut


New YorkNew JerseyPennsylvania _.Delaware _MarylandDistrict of Columbia


VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama _.MississippiLouisianaTexas _ArkansasKentuckyTennessee


OhioIndianaIllinois

789,000458,000357,000

4, 245,000690,000

1, 646, 000

13412310445233

254

230,177157,702161,977

2,946,957306, 618916, 344

152257749825246

206, 685154, 75594, 556

1,309, 315226,912439,178

5,9514,8593,299

76, 3265,305

33, 352

1,641969

6,60613, 744

4258,278

5,2722,2092,194

25, 7267,13512,476

5,3563,6422,895

134, 35620,26443, 682

15,9749,0739,749

129, 3228,027

28, 821

63843,7222,5848,110

1,132421

4,408111, 5527,1114,991

8,185,000 i 1,100 4, 719, 775 1,023 2, 431,401 129,092 31, 663 55, 012 210,195 200,966 56,930 129, 615

11, 695,0003,930,0009,790,000

250, 0001, 635,000550,000

1,

1,

1415675895123541

12, 275,4761, 654,0103,197,991

119,279515, 771194,252

6,2492208394510579

4,281,441795,291

2, 595,74748, 527329,19361,637

339,49990, 861215,0834,80924, 52922,991

14,24052, 8331,2885,592

122,47829, 68379, 8631,6488,4095,642

1,050,94991, 727325, 5287,76447,2899, 307

571,14596, 535243, 5755,06435,15925,642

1, 054, 32619,104

76116, 5507,489

1,094,31073,961107, 614

57010, 5942,428

27,850,000 I 3,624 17,956,779 7,537 8, 111, 836 697,772 84,963 247, 723 1, 532, 564 977,120 1,185,136 1, 289,477

2, 555, 0001, 680,0002,980,0001, 855, 0003,160, 0001, 335,0002, 560, 0001, 795,0001,945,0005,400, 0001,910,0002, 545,0002.490,000

32, 210, 000

6,655,0003,175,0007,360,000

484310428223424257350334226

1,353420572490

456, 668288,455335,289138, 630296, 438190,008249,171167, 329344, 816814, 387164,168434,008355,979

23614625322140661187

1,050871

2,624258587

98,23669, 03854, 83442,14256, 772121, 39657, 50853, 91281, 219272,16243, 767125, 69875,147

19, 79918,73621, 8577,39614,91116,46412,201

29,42550,0437,26215, 50322,008

6,4906,6924,2625,5668,9995,3495,0702,6205,24713, 6153,96610,8297,536

8, 3538,8677,6413,5416,63211,0137,4984,3746,995

26, 6004,752

15,07329,93439, 6863,867

29,3169,37311, 86325, 61116, 60297,84927, 63612, 31311, 334

45,90013,15721,86520, 69230,50657,51328,22110,43148,182138, 57714,45249, 41866,156

5,7652,8446,5871,8675,1263,6793,5911,533

10, 72616,7041,2695,6079,313

11,0922,354

1,6565,2803,2712,6524,06514, 57212,8451,808

22,21221,211

5, 871 4, 235, 2 7,729 1,151, 831 241,974 86,241 113,214 S30, 457 545,070 74, 611 105,987

1,029986

1,801

2, 029,499670,053

2,949,424440

2,152

684,920225, 769966,968

113,14140,868112,727

21,36711,12620,337

27,67759,445

215, 05019,994

214,045

112,19994,469413,440

10,0907,374

115,513

60,645137,07468,353

473,228334, 643286,399

4,791,518584,406

1,495,478

7,965,672

20,804,5532,865, 6326,905,979189,755993,191331,797

32,090,907

667,612440,223495,243225, 578454, 386418,127377,962277,294558, 655

1,445,406269, 338685,024577,612

6,892,460

3, 314,0801,234,8444,922,404


Michigan--WisconsinMinnesota. _ ._Iowa „._Missouri „

Total Middle WesternStates „ - .

North DakotaSouth Dakota . _NebraskaKansas.. >Montana..WyomingColoradoNew MexicoOklahoma _ .


WashingtonOregon _.CaliforniaIdahoUtah . . . . . .Nevada.Arizona«.._

Total Pacific States.

Alaska™The Territory ofHawaii.Porto HieoPhilippines. _.

Total possessions. _„.

Total United States andpossessions— ___

National banksState (commercial) banksTrust companiesStock savings banksMutual savings bank? •.,• -Private banks . __.

Grand total

4,542,0002,955 0002,700,0002, 535, 0003,490,000

33, 412, 000

670, 000702, 000

1,405,0001,848, 000

715,000235, 000

1,080, 000400,000

2, 415, 000

9, 470, 000

1, 580? GOO890, 000

4, 605, 000532, 000528, 00080, 000

445, 000

8, 6G0,000

91,000320,000

1,400, 00011, 250, 000

13,061,000

-132,848, 000

781964

1,0721, 3281, 325

9, 286

4.33396846

1,07719887

27858

649

4S 022

3442354551371053546

1, 357

17231812

70

25, 330

7. 53614, 4371,608

747611391

25, 330

1, 537, 868' 675,824540,965592, 973834, 374

9, 830, 980

83,04695,157

291, 605295,440

94, 01540,190

171,15725,907

261, 748

1, 358,265

285, 861145,268

2,411, 22748,411

121, 62630,70554,182

3,097, 280

6,07469, 36152, 51949., 890

177,844

41, 376, 269

14, 801.13010, 361, 7239, 311, 8791, 006, 3255S 801,489

93, 723

41,376,269

599492560581772

6, 276

14519953258922715522325

473

2,568

180178

2,10083

34511432

3,032

251, 928

65726,082

28, 692

56, 857

10,19338,0157,585

230

833

58,857

540,037276, 682374,172216, 260340, 641

3, 625,449

31,49440,49993, 640

117, 25856, 36018,11394, 04414,756

147, 676

613,840

159,498114,157994,143

28, 74335, 7539,667

30, 397

1, 372, 358

5, 00924, 863

5,4876,664

42, 023

J7, 348, 738

78,88229, G3119,17030,49432,180

457,093

5, 2015,163

12, 99816, 5864,6601,9238,1121,613

16, 552

72,808

14, 62310,067

115,8463,3553,6371,7362, 111

151,375

319946

1, 5491,526

4,340

1,754,454

10, 54611,0711.2, 58529,15212,120

128,304

5,3315,1349,9465,5632,524

6712,291

4152,689

34, 564

1,4221,761

13,5501,1221,974

8891,916

22,634

108834568937

2,447

390,816

RECAPITULATION

6, 656, 5353, 084, 6723? 421, 673

382,2623, 775, 770

27,826

17,343, 738

747, 684464,469385,11243, 502

110, 2693,418

1, 754,454

118, 839152, 62968,22121,27023,0596,798

390,816

30,98517, 56322, 78417, 84419, 643

262,430

3,6903,384

10,44610,4984,6321,9497,3281,4377,420

50, 784

8,7076,501

44,9452,0841,8251,5193,070

68,651

1,2384,8172,903

13,156

22,114

819,928

298, 003313, 997156, 58017, 34531,4952,508

819, 928

183, 34676,01680,65622,01734,449

795, 573

9, 6813,919

14,12614,4434,5482, 204

24, 6991,934

24,535

100,089

42, 98120,190

138, 7513,3935,7941, 0679,942

222,118

153

1,051

1,204

3,192, 200

1, 344, 951866,173923,415

16,88835, 9SG4, 787

3,192., 200

58j 95544,203

106, 96596,885

185,120

1,112,238

7,43421,64769,87069,42522,6338,915

31,8524,578

75, 282

311, 636

41, 50422,445

278, 96012,46918,6606,9264,040

335,004

1,83410, 5165,418

17,725

35, 493

3, 587,525

1,854,187903,315553, 57793,960

150,13712, 349

3, 567, 525

47 $4511,90312, 6696,215

12,. 112

223,781

7631,1475,2213,713

551421

5,878254

5,596

23, 542

8, 2105,296

105,060580

2,368276

1,034

122,824

881.7292,704

427

4,948

1,691, 772

785,006298,859594,823

6,0605,9461,078

1, 691, 772

15,9524,0407,0452,087

15, 695

310,891

466965

2,2015,168

336152727338

1,050

11,403

7,4562,085

65,372181

2,459831591

78,975

817,5393,523

• 36,455

47, 598

1,973,946

823,7G0340,462732,310

2,00372, 3013,170

1,973,946

2 505 0^51,147,4851,127,5711 014,5081,487,106

16,753,013

147, 251177,214510, 685538, 683190,48674, 693

346,30951, 257

543,021

2,579,499

570,442327,948

4,169,954100, 421194,44153, 730

107,315

5, 524,251

14, 77G122,68675, 328

153,913

366, 703

72,172,505

27,440,22816,824, 31516,155,175

1, 589,84510,006,452

156,490

72,172,505


Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions June, 1929—Continued

States and Territories, etc.

Liabilities (in thousands of dollars)

Capitalstock

paid inSurplus

Undi-vided

profits-net

Re-serves

fordivi-

dends,con-tin-

gencies,etc.

Reservesfor

interest,taxes,and

otherexpensesaccrued

andunpaid

Na-tionalbankcir-

cula-tion

Due tobanks

Certifiedand

cashiers'checks,

and cashletters

of creditand

travelers'checks

out-standing

Demanddeposits

Time de-posits

(includ-ing

Postal

UnitedStates

de-posits

De-posits

notclassi-fied

BiUspayable

andredis-counts

Agree-ments

torepur-chase

securi-tiessold

Accept-ancesexe-

cutedfor

cus-tomers

Otherliabil-ities

MaineNew HampshireVermont _MassachusettsRhode IslandConnecticut

Total New England StatesNew YorkNew JerseyPennsylvaniaDelawareMarylandDistrict of Columbia

Total Eastern States__Virginia __.West Virginia _North CarolinaSouth CarolinaGeorgiaFloridaAlabama..Mississippi _LouisianaTexas..ArkansasKentuckyTennessee


13,8766,6308,086

143,67814,39048,033

20,28621,46915,263

222, 70934, 847j94,877

18,8174,6318,201

156,36910, 76456,153

6228,425305

13,214313721

462123669

8,2896,5785,424

4,4,30419,1573,7999,754

4,3643,5011,279

149,8675,44117,181

1,668863813

21,8581,1676,550

77,884'40,77529, 504

1,088, 551132,193320,815

234,693 409,451870,020:1,875,506141,374378,26710,80040,66324,880

174,042723,62514,73073,91120,173

lL4861004!2,881, 987

59,31633, 55237,33518,92740,47931,13230,13116,47334,218121,21621, 71949, 77544,099

538, 372

39,06725,99926,65410,18026,27918, 76621,17610, 50521,33055,6549,52235,45133,009

254, 935 23,600 21,545 46,552 181, 633 32,91! 1,689, 722106, 25953,669160,1586,24016, 5336,556

18,667

10,7831,2111,6961,162

18,1316,7728,872

264,556805

67,138 1.22,83582,25G1,0087,3994,891

L, 388,93633,682

2,63842,19614, 701

510, 73014,80237,843

3221,2001,565

7,115,480956, 765

2,104,56774,997

279,123142, 732

349,415 40,408 39,162 185, 527 1, 775,017 566, 462 10,673,664 12,022,437

11,9660,3208,8153,64410, 9356,97210,3553,3188,137

30, 5S34,6829,2703,677

3,832650616216

3361,0582,791192

3,550371

1,2741,7512,987880

2,2681,3491,081660

1.8832,870468

1,1411,057

19,67910,3238,1425,8117,7504,79113,6383,0066,207

44,1363.88315; 24814, 738

29, 5209,78626,3738,29627, 70726,7288,4148,50243,846101,92616,47823,11624,268

3,4613,2796,3381,2211,8293,8401,1051,4423,372

16,3513,4108,4612,276

199, 535164,176173,61873,008157,550168,633138,061110,400250,450770, 715121,392212, 594219, 716

333,592| 121,674 15, 552 19,669 157,352 354,960 56,385

316,346237,487211,197

2, 733,031364,415891, 382

3115531129! _

17,117624

3,728

4, 753,858 22,462

7,314.4881,309,6422, 737,518

62,928496,159101, 702

251,229164,054158,08293, 010147, 596137,136114, 609100,844131, 564246, 26376,036221,132189,227

2,759,848 2,030,782

40,0279,91355,128

655,6653,711

114,5092,932544

1,12,5297,5872,2453,258713

3,53920,379

5451,1821,783

49,072

13,1154,8975,88567,9814,006

36, £

32, 991

73,2055,646

150

594764

38, 323223

6,850

2,217 128,875 36,826| 79,001 47,383

2,846431, 55472,029187,1254,03615, 3406,021

106 242,779190l;

195

2,24014,242

238

804, 73257,942112,71810, 7548,5122,703

2,846 716,105 504 259,49932,14615,065

160

40,1417,29618,3537,23033,11815,85827,58422, 72010,05232,10720,228

38572

2,590153

2,172113

1,111

1711 281,898 6,596

997,361

973

78117570155

1,49824

2,4384,758

4130544

12,6821,7243,140313

4,4576,364605

5,21323,0292,712842

70,75622,619

12,081 154,456


OhioIndianaIllinois _.Michigan.....WisconsinMinnesota. __IowaMissouri

Total MiddleStates

Western1,039, 520

North Dakota..South Dakota..NebraskaKansas ___MontanaWyomingColorado.New Mexico._.Oklahoma


191,15378,417

333, 507129, 77469, 67661,48867,258108,247

151,39944, 744223,286116, 24037,31534, 54930, 09661, 782

9,411

11,13711, 64732,31640,95011,3654,28518,1233,24033, 412

166, 475

WashingtonOregonCalifornia...Idaho.-UtahNevadaArizona

36, 53221, 061

234,1345,912

11,9213,4376,026

Total Pacific States j 319,023

AlaskaThe Territory of HawaiiPorto BicoPhilippines. _

Total possessions ,Total United States and

possessions i3,

91510,2848,45313,239

4, 6934,62613,10120,4895,2012,93511,8971,45310, 657

75, 052

54,52422,30474, 75239,03120, 65614,37512, 78729, 685

268,114

1,1061,6464,7568,1773,1401,0395,901

2535,078

31,096

15, 5099,650

159,3632,2596,2541,1663,784

197, 985

4407,2822,6633,835

32, 891 j 14,220

5,9224,723

53,120749

1,579723

1, 554

68,370

3752,247

789371

9,812774

41,130842

2,2212,259V"4,150

62, 680

134106

1,760527110121198

71586

3,613

1,580431

6,0931, 7 "

9402720

10,829

80976

3,884

4,8

796,978|4, 611,698)1,097, 38G| 161,483

2,004795

24,3968,4254,8032,1481,177982

44, 730

48101

1,066462449

691,332

1893'

4,482

' 991452

5,1102537239563

7,687

35,97321,83435,94916,11915,99114,40414,1219,765

164,156

3,214i , r~~7,0689,5652,3111,4854,4031,2536,673

124, 79538, 919383,86158,92746, 21274, 57845, 579

102, 619

875,490

2,6405,374

25, 9117,7012,638

19,031984

38, 926

37,857i 151,794

11,4535,222

34, 984I f " "

2,233M?4J

57,

36, 22815,461

197,2242,891

14,8371,9812,063

270, 685

8j441

4,473579

58450

5,501 508

142, 776j 649,452

1164,2837,8517,368

19, 618

3, 629,197

6,2311 1,107,304' 1,447,8636,964] 414,310 410,64147,975 2,000,315 1,586,62417,158 861,368 1,115,9916, 737 361,249 541, 24011, 628 358.974 529,4343,048 32< 819 491, 82710, 902 699,880 392,268

110,643 6,128,219 6,515,888

69, 26471,473167, 548115, 59677, 60126,325119, 40312,143125, 589

1,1111,2943,1634,5291,030533

3,864520

8,439

24,483

4,7203,03732,226

8951,3641,1631,249

44, 654

105811467501

1,884

50, 73975,403

218, 020294,80878, 50033,164158,09529,899

296, 641

1,235,269| 784,942

229,027136,039

1, 207,8014882355, 91219,42752,095

1, 749,124

6,44639,27016,41152,191

114,318

211, 790123,902

2, 071,29634, 38975, 54823,83038,762

7,649!3,136:

12, 560:6,17314,345i

1,9794,391

45,219! 10,190

169!607

1,0832,013

44386

494134794

5,823

5,146363

40,332833199

197

2,579,517! 46,251

44,122119,08331,099

3922,165

219

1007l93i 2,776

837,430 24,350,164 28, 787, 617 286,112

2,0721,1741,444

4,690

81,53658, 57994, 76557,48226,45612, 01711,91342,830

385, 578

2,8142,424

11,8157,4702,4982,0063,2001,024

13.665

46, 916

24180

4,3081, 598

833

57

6,208

1553739

3,955

141204660

5,191

5,7566, 9931

42,857949

3,2421145220

CO, 162

2, 7526,7191, 698

11,169

20,1211, 630, 703

198

1,73819

41,5908,3441,5611,213

12793

55,270

5758

93664

39,060

40, 080

3,814134

3,948

55, 523 J 449,917 1, 665,948

92,075133,228

17,38667,5069,0151,5032,22918,755

341, 697

26591261

4,231137

22761

907

6,441

4,769536

46,30950

19,857443242

72,206

1,8846.816

37, 704

46,404

BE CAPITULATION

National banksState (commercial) banksTrust companiesStock savings banks.Mutual savings banksPrivate banks __

Grand total.

1,627,3751,1,155, 878

941,333 1,62,487

9,905

, 479,052804, 400

,454,50440, 513

823, 6939, 536

3, 796, 978 4,611, 698 1,097,386;

487, 504237, 422208, 632

13, 624147, 725

2,479

80,83258,0549,9581,062

13, 52750

161,483

41,55424,394

1,5701,229

61

142,776

649, 45i 2,175, 932| 372, 550 10, 504,649, 980j 113, 219792,134 350, 881

8,107182

2,

37246

362

649,452 3, 629,197J 837,430 24,350,164 28, 787, 617

;,2686, 515, 2636, 956,032219, 77098,47356,358

8,317,095

3, 989, 5321, 230, 2288,903,12G

49,180

228, 2437,310

44,1345,381

1,044

2,74213, 985

1651,5191,710

7.14, 507454, 842437, 992

1,36616, 680

49, 6603,1482,669

46

286,112 20,1211, 630, 703J 55, 523,

392,62344,27912,942

54

19

287,167439,768916,053

1,17615, 5666,218

449, 917 1, 665, 948


Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1989—Continued[In thousands of dollars]


MaineN R W TTflrnpsVn'reVermont _.MassachusettsRhode IslandConnecticut


New YorkNew Jersey __ _Pennsylvania ,. __DelawareMaryland. _District of Columbia ,

Total Eastern States -

VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgia . . _ _FloridaAlabamaMississippi _ .LouisianaTexas . . . . . . .ArkansasKentuckyTennessee


Loans and discounts

Heal estate loans,mortgages, deedsof trust, and otherliens on real estate:

On farmland

150, 79669,922

1, 46221, 388, 830

199617

1, 611,826

33,730,921108,779

16,5153,2882,782

150

3, 862,435

6,3641,2622,8963,0784,2181,5594,2854,2064,305

32,32924,1176,2822,819

97,720

On otherreal estate

7,3692G, 35490, 82078, 206

13-8,834487, 613

829,196

97,223348,908351, 27924, 95722,43529,982

874, 784

12,50910,8534,5833,044

32, 25011,9404,8675,4542,076

30,8793,4437,1975,680

134,775

Loans onsecurities(exclusiveof loans

to banks)

28,92224,37925, 795

5(58,04212,895

229,386

890,420

4,774,483458, 742

1,389, 83065,637

125,48484,469

6,898,645

62,01035,08918,95916,96950,24224,47020,860

8,51318,372

156, 5347,513

60,59042,851

522,972

Loans tobanks

4639360

21,077350368

22,411

132,6032,747

51,819XO

4,4671,161

192,807

8,3841,2533,0001,0947,5612,4224,8401,8542,1418,0571,0593,8936,942

52,500

Commer-cial paperbought inopen mar-ket; andbills, ac-

ceptances,etc.,

payable

1,7056,799

7035,908• 7 , 1 4 2

1,074

52,788

2,244,45352,60624,144

170838

1,579

2,323, 790

2,265436226

1,1361,4425,9453,303

756931

34,1456,5981,3952,030

60,608

All o therloans i

40,92230,15543,769

853,804147,198197,286

1,313,134

1,295, 793682,228

1,364,40425,217

359, 76576,911

3,804,318

365,136239,562305,625113,309200,725143,672211,016146,546316,991552,443121,438354,651295, 657

3,366,771

Investments

UnitedStates

Govern-ment

securities

30,91724,12512,679

171,47566,90166,013

372,110

555,224141,456518,360

6,32065, 02526,969

1,313,354

33, 74123, 77424,39913,23631,75651,28822,3818,999

18,892173,14622,07342,46023,425

489, 570

State,county,and mu-nicipalbonds

12,7928,598

41.650299, 785

6,72626, 229

395,780

84,020134,470206,341

6,45925, 704

1,823

458,817

4,7501,035

12,8285,7204,663

36,3658,5208,3314,041

33,6335,0242,413

11,358

138,681

Railroadand other

publicservice

corporationbonds

68,48987,32410,004

582,257102,622209,471

1,060,167

302,634284,471798,85920,997y

148,49515,097

1,570,553

6,0575,857

7801,1962,9206,2935,1551,020

37310,7391,233

11,1522,515

55,290

Stock ofFederal re-serve banksand othercorpora-

tions

6,01710,1293,820

55, 786610

59, 772

136,134

43,09266, 50421,231

17823,133

1,954

156,092

3,8241,7332,3421,3135,7973,8171,341

4501,4479,952

6421,2961,649

35,603

Foreigngovernmentbonds andother for-eign se-curities

15,4358,944

14,64027,162

5,97063,001

135,152

124,80752,92184,984

9609,2522,686

275,610

3,5133,030

693574

1,3992,9172,474

992217

5,3871,0773,5492,191

28,013

Otherbonds,notes,

warrants,etc.

73,03515,63511,763

172,85044,08314,692

332,058

3,171,664115,469965,972

13,61357,58413,108

4,337,410

46,35133,60913,79220,10310,23720,71617,63734,12056,24939,30513,71864,82334,009

404,674


O l i i o - . . — . .Indiana.Illinois- _„..„M i c h i g a n . ____ __ . _ _ . . „ . . . - _ _ _Wisconsin _Minnesota. _Iowa „_._..Missouri

Total Middle Western StatesNorth Dakota __ - _South DakotaNebraskaKansasMontana.— ., . _ _ _ _WyomingColorado.New Mexico.. _ _ . . _ _ _Oklahoma

Total Western StatesWashingtonOregon. _California _ „__Idaho.Utah. . . . . . .NevadaArizona._ ___

Total Pacific StatesAlaskaThe Territory of HawaiiPorto Rioo. _..Philippines.-

Total possessionsTotal United States and posses-

sions

685,63711,50116,6276,902

60,82045,10417,1283,411

717,130

6,1938,688

18,1886,0331,6663,0018,9251,0004,059

57, 753

3,4967, 221

89, 2845, 589

13,0463,3052?885

124,806

10, 3144,8832,954

18,151

6,489,821

37,44718,393

310,918556,55668,74311,0688,728

11,600

1,023,453

2,2801,1875,873

23,6096,9872,1073,9512,3255,295

53, 614

3,80013,323

930,486565

31,4S15,7817,937

993,373

1,17312,4943,3594,191

21, 217

3, 930, 412

161,97053,697

1,367,698170,820153,10391,33933,435

128, 794

2,160,856

3,35440, 25328, 96620, 88016, 7425,784

67,9981,684

47,743

233, 404

50,41922,825

328, 3815,565

28,6475,465

30,906

472, 20S

12526. 3863,6881,959

32,158

11, 210, 663

7,0724,502

21,8627,5885,4566,7664,932

15, 609

73,787

474713

8,1735,010

457625

1,17585

2; 287

18, 999

' 2,0061,3135, 763

2771,374

13444

10, 911

595113

708

372,123

2,1736,802

22,0839,105

22, 2097,42S7, 076

15, 346

92, 222

5932,078

12. 363140, 039

5,830196

2,853538

5,676

170,166

4, 5238,654

15,8381,5571,2604,936

385

37,153

785432891

3,560

5,668

2, 742,395

1,235,200575,158

1, 210,236786, 897365,493409,260621,674659, 614

5, 763, 532

70,1'5242, 238

218,04299, 86962,33328,47786, 25520,275

196, 688

824, 329

221, 61791,932

1, 041, 49534,85845,81811, 08412, 025

1, 458,829

3,99119,14039, 58537, 226

99.942

16, 630, 855

216, 28469,125

310,18751, 72567,419

124,68971,44552, 986

963, 860

11, 64318, 79042, 78945, 27923, 7439,012

39,6688,019

59, 068

258, 011

47, 90252,194

477,87412,10512,1373,091

15, 604

620, 907

1,6062,654

241566

5, 067

4, 022, 879

149,3228, 882

163,92129, 28630, 71325,41610,10622.122

439, 788

2,8217,5578,239

37,8056,1062,324

13, 5082,279

34,874

115, 513

13,88126,156

129, 5505,1185,7192,3865,114

1S7, 924

5736,3182,488

250

9, 629

1, 746,112

28,22327, 75851,807SO, 29777,33731,37418,38416, 874

282,054

3,8324,006

15,1171,690

11, 5191,567

10,8461,1093,460

53,146

16,49313, 65328,4492,0025,343

8342,329

69,103

1,0722,463

20564

4,119

3, 094,432

8,8343,174

14,99211,2745,5002,2753,169

19,155

68, 373

339254866

1,1291,476

1531,232

1591,347

6,955

1,386833

12,412510

4,06319869

19, 471

1,607137481

2,225

424,853

24,6898, 796

26, 63412,16323,37213, 6336,1756,424

115, 786

2,9792,142

11, 5492,0342,570

6294,184

2302,999

29, 316

7,4959,282

18,9552,6561,810

58588

40, 871

4892,103

10

2,602

627,350

257,568103,034405,427405,292

72,341176,885106,981223,080

1, 755,608

9,8807,750

15,08029,32110,9464,428

24,6062,960

45,928

150,899

72, 34112,039

326, 9036,3526,6812,5737,193

434, 082

1,2699,7182,5914,803

18, 381

7,433,112

RECAPITULATIONNational banksState (commercial banks) _Trust companies._ _ ___„._«_„. . __.Stock savings banksMutual savings banks.™Private banks

Grand total _

308,785799,745739, 316

2,9384,631,396

7,641

6,489,821

1,104,220912, 256659.935562,623683 623

7,755

3, 930,412

5,113, 7921,839,3444,186,117

16, 51648,143

6,751

11, 210, 663

365,0094,9991,632

17926

279

372,123

326, 011674,052

1, 727, 6772,286

10, 7701,599

2, 742, 395

7, 583, 3136,131,3271,997, 202

421, 783427.532

69, 698

16, 630,855

2.803, 860571,806364, 380101, 396177, 759

3, C78

4, 022, 879

757, 207318. 325153, 746

5, 390509, 382

2, 053

1, 746,112

1, 286, 015161, 642457, 276

12, 3841,175, 490

1,025

3, 094,432

193,47138, 792

109,4841,859

77, 5013,746

424,853

494, 07631,58335,066

1,65364, 518

454

627, 350

1,121, 3061, 962, 5242, 301, 721

259, 5711, 771,120

16,870

7,433,112

1 Includes $9,047,542,000 reported for banks other than national, a part of which should probably be classified elsewhere in the schedule.2 Includes all real estate loans, $1,187,414,000, in mutual savings banks, heretofore reported with loans on other real estate.»Includes bonds and mortgages, $3,216,225,000, in mutual savings banks, heretofore reported with loans not classified.


Assets and liabilities of all reporting hanks in the United States, Alaska, and insular possessions} June, 1929—Continued



MaineNew Hampshire ,Vermont..-MassachusettsRhode IslandConnecticut


New York _New JerseyPennsylvaniaDelawareMaryland...- _District of Columbia


Virginia _._.West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisiana.. .TexasArkansasKentuckyTennessee


Cashi

Goldcoin

9012274

407447776

1,916

1,G541,5345,189

78377110

8,342-

308189145134304149300260319

1,128272216203

3,927

Goldcertifi-cates

15129384

1,415862

1,106

3,911

8,7896,0123,284

48216

2,663

21,012

3652731649214355619966114860214310241

3,597

All othercash invault

1,2911,794753

9,2395,82610,594

29,497

27,01222,13771,3901,5227,8162,869

132, 746

4,2013,8432,2173,3026,1764,6273,4984,0486,562

24,6124,2632,838

73,475

Not clas-sified

3,740

1,28314,665

19, 688

85,623

85,623

3,4794,5625,115

139

5,6813,501

35,4854,367

Demand deposits

Individualdeposits

subject tocheck

72,88635,15428,422

1,040, 546121,331277,978

State,county, andmunicipaldeposits

1,576,317

6,507,316709,503

1, 986,81059,915

135,740

9,668,173

180,479150,549136,66567, 781152,200120, 783128,31575,433222,732657,11884,288205,024210,031

2,391,398

2,0772,058276

20,8837,27319,402

7822,110796

13,1863,57913,958

51,969 | 34,411

371,610144,81388,00914,90710, 065

629,408

9,5309,04928,9494,8983,80542,8718,42634,5546,96691,14031,4777,0388,516

287,219

41,45618, 31817,700

13120872

78,479

9,3331,1805,327304

1,377164

1,074148

1,36813,1125,140

397842

39,766

Otherdemanddeposits

2,1391,453

1013,936

109,477

Time deposits

State,county,and mu-nicipal

deposits

4439356

6,7495,570

854

27,025 I 13,765

195,09884,13112,048

16249

6,116

297, 604

1933,3982,677

25168

4,815246265

19,3849,345

487135327

41,465

49, 21716,4169,769

942,937

500

78, 933

3,64960

2,3826,094

3378,8781,454

9941,081

22,002280

2,45212,887

62,550

Depositsof otherbanks Evidenced Certifi-

by savings! cates ofpass books deposit

227

8,642

85"

8,954

81,8161,9C61,953

2,74940

88,464

7822

362312

1,25250

250

1,980

519319

4,865

Other time deposits

310,896233,741209,012

2,582,341344, 290865,265

4,545,545

6, 550,6651, 205,9002,430,907

60,169.481,80886,303

10,815, 752

176,122113,52493,25866,196103,531101,904103,18557,07799,418158,39445,810107,97397,137

1,323,529

Time de-posits, open

accounts,Christmas

savings, etc.

4,5252,3571,653

75,8679,650

18,096

112,148

177,27427,447

237, 836712

4,1238,729

413833426

56,3444,6046,184

68,804

436,28956,44549,9381,8804,4875,798

456,121

67,66248,02261,22418,63138,63019,9549,050

41,26S30,72552,73627,25039,02075,586

529,758

554,837

3,6021,880

447955

3,595717657

1,194217

7,8602,073

71,0113,050

00

PostalSavingsdeposits

23650

301

4,642

19,2271,5287,115

7355

332

28,330

" 116546409

1,1031,5014,431

21361

1233,291

623157248

12,822


CO

I

Ohio. „.„ „ .Indiana _ -—.__Illinois __ „MichiganWisconsin ____„ „ _Minnesota __,Iowa _ _Missouri

Total Middle WesternStates .

North Dakota..South DakotaNebraska ,Kansas.Montana — .Wyoming ..__ColoradoNew MexicoOklahoma _

Total Western States—....WashingtonOregon.. _CaliforniaIdaho „_„_..Utah.Nevada „ _Arizona

Total Pacific StatesAlaskaThe Territory of HawaiiPorto Rico. _Philippines _..

Total possessions.Total United States and

possessions

8352,923

372388367430

6,100

7563793783124147

1,342

3,593262"35397860273123174

2,22317865

301208

9871.0182,7361,0682,032675

1,102430

11,0947,418

53, 7866,82715,0927,1715,4624,707

10,048 111,557

76179197449259144736149400

1,4471,2009,4569,2661,8891,6585,2501,2204,622

2,589 I 36,008

196189

2,9905023561955

4,5123,00140,964

7401,317777

2,8414,334 I 54,152

24178416

1,643

1,0364,5742,18611,305

19,101

456,536

53,85618,406

22, 71851

14, 57110,85014,273

134,7252,0921,942

2,360

2,2008,5943,7372,958

131,234

7,942

288, 787

847,641359,479

1, 870, 999665, 528284, 304293,847290,815672,804

212,005

67,93944,43261,18545,65320,13818,658

22,5472,02255,17276,85315,1616,75612,5677,561

5,285,417 502,836 I 198,639

43,32156,151175,407222,09756,42624,004140,39821,621241,829

981,254172,495107,820

1,026, 67535,12849,07816,83145,207

1,453, 2345,46623,64411,19631,64871,954

4,52016,39328,38653,78718,7067,85011, 5256,77448,589

196,53051,40223,294158,15912,5255,4792,3296,503

2,4952,78813,65513,5372,9921,2044,0311,4623,991

,1552,9793,2745t59995574124979

259, 691925

8,1843,78319,998

32,890

21,427,747 1,960,543

13,876

307422

1,267

412, 593

25, 11119,9836,205

74, 555599

12, 7181,299857

141,327

40371572

5,387376106

2,14142

2, 232

11,3302,1511, 65117,368

21561418

306

25,435780

41,7965,9206,8403,429100

7,961

92,261

2,5082,0116242274

1322,981262

11, 69220,441

5161,127

135, 6532607733

3,143

22,323

1,125123

8,207

549,281

141,47542

4,3624,554

8,958

418,383

1,129446

11, 7696426

8,400703

1,833

24,3701054

10

166350

~5,~705"

1735

6,236

30

30

1,173,014250,922

1,193,473953, 960301,355281,081241, 991337,992

4,733,788

15,13913,62734,54730,12641,04113,57390,7185,87643,559

288, 206177,97697,990

1,849, 55218,85265,12922,14328,523

2,260,1654,65527,41912,95317,235

212,950153,848277, 221141, 649227, 747224,558238,85335,946

1,512,77248S 92351, 645128,48672,96130,46710,84921,5614,58142,082

411,55526,83620,43155,15713,0208,5121,1385,914

34,064

59,08812,8094,0504,6842,1906,174

126,497635401

2,7439,228

46400801271

23, 216

37,741833

1,22223, 231

13064174

131,008 26,174692

7,0541,0686,897

5,244372

2,95062,262 1 15,7111 8,566

133,085 24,029,247 3,169,073 919,877

vl,2711,2073,2771,5891,2227.2827, £902,362

26,200

1,9543,7851,1483,0446,0431,3713,3421,1175,029

26,8335,2723,1391,9982,127490299

1,13414,459

50013136

4,017

4,666 W— H117,952 ^

RE CAPITULATION

National banksState (commercial) banksTrust companiesStock savings banks.Mutual savings banksPrivate banks _ _

Grand total.———

15, 2376,4094043

411,083

35, 6695,6784,2581, 500

59849

247, 097133,437

61, 7468,3534,7501,153

47,752 456,536

168,47386,5337,451

25,0641,266

9,071,0775,756,0676,406, 059

128,73818,08547, 721

288,787 21,427,747

1,104,247516, 534243,30187,520

2503,691

1,960, 543

149,107149, 237108, 066

3,38850

2, 747

179,83793,425

193,606126

2,199

412,593 I 549,281

344,49333,89039,525

106243126

418,383

81,4461,598

50,031

10

133,085

6, 089,6374,635,3183,264,7211,122,2638,889,914

27,394

24,029,247

1,290,9471,460,984

292,170104, 772

87619,324

3S169,073

422, 003151,662329, 705

2,11812,0932,296

919,877

i All cash in national banks included in first three columns.

15,00413,380

30

117,952


1 2 0 REPORT OF THE COMPTROLLER OF THE CURRENCY

Individual deposits in all reporting hanks

A classification of the individual deposits in each class of reportingbanks follows:

Individual deposits in each class of banks June 29, 1929


State (commercial)Loan and trust companiesStock savings banksMutual savings banks __., .Private banks

Total -National banks -

Grand total

S tate (commercial)Loan and trust companies-Stock savings banksMutual savings banksPrivate banks

TotalNational banks

Grand total

Num-ber ofbanks

14,4371,608

747611391

17, 7947,536

25, 330

Demand deposits

Individualdeposits

subject tocheck

5, 756, 0676, 406, 059

128, 73818,08547, 721

12,356, 6709,071,077

21,427, 747

State,county,and mu-nicipaldeposits

516, 534248,30187, 520

2503, 691

856, 2961,104, 247

1,960, 543

Certifi-cates ofdeposit

149, 237108,066

3,38650

2,747

263,486149,107

412, 593

Otherdemanddeposits

93,425193, 606

12680,088

2,199

369,444179, 837

549, 281

Time deposits

State,county,

andmunic-ipal de-posits

33,89039,525

106243126

73,890344,493

418, 383

Depos-its ofotherbanks

1,59850,031

10

51,63981,446

133,085

Depositsevidenced

by sav-ings pass

books

4,635,3183,264, 7211,122, 2638, 889,914

27,394

17,939,6106,089, 637

24, 029, 247


1,460,984292,170104,772

87619,324

1,878,1261, 290,947

3,169,073

Timedeposits,open ac-counts,Christ-

mas sav-ings, etc.

151,662329,705

2,11812, 0932,296

497, 874422,003

919, 877

Postalsav-ings

depos-its

15,00413,380

969

30

29,38388, 569

117,952

Total

6, 298, 4563, 989, 5321, 230, 2288,903,126

49,180

20, 470, 5228,317, 095

28, 787, 617

Total

6, 515, 2636, 956,032

219, 77098,47356,358

13,845, 89610, 504, 268

24, 350,164

Totalindivid-ual de-posits

12,813,71910, 945, 5641,449, 9989,001,599

105, 538

34, 316,41818,821,363

53,137, 781


BEPORT OF THE COMPTROLLER- OF THE CURRENCY 121

Resources and liabilities of all reporting banks, June SO, 1925-1929

The resources and liabilities of all reporting banks for the fiveyears 1925 to 1929 are shown in the following statement:


Classification

RESOURCES

Loans and discounts (including redis-counts)------- -

OverdraftsInvestmentsReal estate, furniture, etc.1.Due from banks 2_ — . . .Checks and other cash items3

Cash on hand _.Other resources __..

Total..—

LIABILITIES

Capital stock paid inSurplus fund -Undivided profits - —Reserves for dividends, contingencies, etc_Reserves for interest, taxes, etc., accrued.-National bank circulationDue to banksCertified and cashiers' checks outstandingDemand deposits ,. -Time deposits _--United States depositsDeposits not classified -Total depositsBills payable and rediscountsOther liabilities -

Total liabilities

1925 (28,841banks)

33,883,73350,259

15,400,1131,736, 5856, 774, 3922,181,137

951,2861,079, 532

62, 057,037

3,169,7113,173, 3341,007,439

(4)« 60,078

4,370,909

17,275, 92820,833,394

147,2208,656,620

51, 982, 932925,276

1,089, 773

62,057,037

1926 (28,146 1927 (27,061banks) banks)

36,233,49049,470

15,815,1411,851,9676, 769,0612, 037, 561

996, 5201,140,152

64,893, 362

3,273,3033.471,968I) 063,171

« 64,618651,155

4,330, 605655,649

18,837,01624,267,084

187,8275, 778,196

54,056,3771,023,7941,288,976

37,270, 37843,450

17,255, 0931,979, 5786,900,4022,181,1671,007,8961,494, 594

1928 (26,212banks)

39, 542, 06750,407

18,771,8142,067,6636,722,2481,753,098

887,8451,779,186

68,132, 558 71, 574,328

3,376,4983, 764, 5271,131,206

(4)« 70,326650, 946

4,289, 3371,119,943

23,855,13126,381, 693

194,024895, 730

56,735,858829, 508

1, 573, 689

64,893, 362 68,132, 558 71, 574,328

3,525,5224,145,5291,226,361

(*)»83,753649,095

4,081, 0286 864, 585

24, 306,65128, 538,109

222,816399,938

58,413,1271,566,1461,964,795

1929 (25,330banks)

41, 376,26956,857

17,348,7382,145,2706,759,7251,691,772

819,9281,973,946

72,172, 505

3,796,9784,611,6981,097,386

161,483142,776649.452

3, 629; 197«7 837,43024,350,16428,787,617

286,11220,121

57,910,6411,630,7032,171,388

72,172,505

1 Includes banking house and other real estate owned.2 Includes reserve with Federal reserve banks.3 Includes exchanges for clearing house.* Included with undivided profits.fi Reported separately by national banks only.6 Includes dividend checks outstanding.i Includes letters of credit and travelers' checks sold for cash and outstanding.

> Principal items of resources and liabilities of all reporting banks in continentalUnited States, as compared with similar data for member batiks of the Federalreserve system, on or about June 29, 1929

Items

Loans 3.__ _InvestmentsCashCapital-Surplus and undivided profitsDeposits (individual). _.Aggregate resources

Allreportingbanks:1

25,260banks (000omitted)

$41,226, 59017, 306, 715

797, 8143, 764, 0875, 691, 082

52, 923, 27071,805,802

Member banks

8,707banks (000omitted)

Per centto all

reportingbanksl

Per centto all

reportingbanks,1

exceptmutualsavings

andprivate

$25, 658, 49110,052, 470

433,4912, 646,9283, 533,142

31,139, 66945,908,001

62.2458.0854.3370.3262.0858.8463.93

72.6274.4556.7570,5175.0571.0774.47

Mutualsavingsbanks:2

611 banks(000

omitted)

$5,801,4893,775,770

31,495

971,4189,001, 599

10,006,452

Privatebanks:2

391 banks(000

omitted)

27,8262,5089,905

12,015105, 538156,490

1 Exclusive of banks in Alaska and insular possessions.2 Included in all reporting banks in column 1.8 Including overdrafts.



MONEY IN THE UNITED STATES

Statements showing the stock of money in the United States in theyears ended June 30, 1914 to 1929; the classification of money incirculation June 30, 1929; and imports and exports of merchandise,gold, and silver in the calendar years 1914 to 1928 and the ninemonths ended September 30, 1929, follow:

Stock of money in the United States, in the Treasury, in reporting banks, in Federalreserve banks, and in general circulation, years ended June SO, 1914 to 1929

Year endedJune 30—

191519161917191819191920192119221923192419251926192719281929

Coin andother

moneyin theUnitedStates

Millions3,797. 84,050. 84,541. 75,678. 86,906.27,688.48,158.58,174. 58,276.18, 702.88,846. 58,303. 68,429. 08 667 38,118.18, 538.8

Coin and othermoney in Treas-

ury as assets 1

Amount

Millions338.4348.2299.1269.7363.5585.1490.7463.6406.1386.5359.4363.8353.2350.9351.3373.1

Percent

8.918.606.594.755.277.616.015.674.914.444.064.384.194.054.334.37

Coin and othermoney in report-

ing banks 2

Amount

Millions1,630.01,447.91,472. 21,487.3

882.7981.3

1,047.3926.3814.0777.1900.8938.3975.2985.1866.5799.1

Percent

42.9235.7432.4126.1912.7812.7612.8411.339.848.93

10.1811.3011.5711.3610.679.36

Held by or forFederal reserve

banks and agents

Amount

Millions

383.6593.3

1,342. 72,061.02,226.72, 200. 22,799. 93,406.83,493. 03,637. 83,124. 63,190. 53,465.12,970.23,419.4

Percent

9.4513.0623.6429.8428.9626.9734.2541.1640.1441.1237.6337.8539.9836.5940.04

In general circulation, ex-clusive of amounts heldby reporting banks andFederal reserve banks

Amount

Millions1,829.41,871. 72,177.12,579.13,599.03,895. 34,420. 33,984.73,649. 24,046. 23,948. 53,876. 93,910.13,866. 23,930.13,947. 2

Percent

48.1746.2147.9445.4252.1150.6754.1848.7544.0946.4944.6446.6946.3944.6148.4146.23

Percapita

18.4718.5821.2524.7633.9936.7041.2536.8733.2536.3635.0433 9833.8233.0333.1832.93

1 Public money in national-bank depositories to the credit of the Treasurer of the United States notincluded.

2 Money in banks of island possessions not included.

NOTE.—Population estimated at 108,087,000 in 1921, 109,743,000 in 1922, 111,268,000 in 1923, 112,686,000 in1924,114,104,000 in 1925, 115,614,000 in 1926, 117,034,000 in 1927, 118,455,000 in 1928, and 119,878,000 in 1929.


Circulation statement of United States money June 30, 1929

Kind of money Total amount1

Gold coin and bullionGold certificatesStandard silver dollarsSilver certificatesTreasury notes of 1890Subsidiary silverMinor coinUnited States notesFederal reserve notesFederal reserve bank notes-National-bank notes

Total June 30, 1929__Comparative totals:

May 31,1929__.-_June 30,1928 7Oct. 31, 1920 _.Mar. 31, 1917.—June 30, 1914Jan. 1, 1879 __

$4,324, 350,860Kl,384,335,199)

539,960.8494 (468, 753,942)

< (1,283,450)304,187,449120,640,035346,681,016

2,194,970,4153,711,131

704,294,44r

8,538, 796,197

8,390,727,4708,118, 090, 7548,479,620,8245, 396, 596, 6773, 796,456,7641, 007, 084,483

Money held in the Treasury

Total

$3, 278,368, 764 $1,384,335,199 $156,039, 088 $1, 562,425, 579 $175,568,898 $1,

"470,"037,"392 IIIIIIIII488,402,359

2,341,6852,002,4662, 271,0411,108,120

88,15415,303,625

3, 789,886, 214

5 3,768,401,722» 3,725,649,7278 % 436,864,530» 2,952,020,3136 1,845,575,888

6 212,420, 402

Amountheld in trustagainst goldand silvercertificates(and Treas-ury notesof 1890)

1,854,372,591

1,880,217,3161,986,761,140

718,674,3782,681,691,0721, 507,178,879

21, 602,640

ReserveagainstUnitedStates

notes (andTreasurynotes of

1890)

156,039,088

156,039,088156,039,088152,979,026152, 979, 026150,000,000100, 000,000

Held forFederalreserve

banks andagents

1, 562,425,579

1, 506, 523,2791, 387, 650,4131, 212,360,791

All othermoney

18,364,967

2,341,6852,002,4662,271,0411,108,120

88,15415,303, 625217,048,956

225, 622.039195,199, C~"352,850,336117, 350, 216188,397,00990,817, 762

Money outside of the Treasury

Total

045,982,096384,335,199

51, 558,490468,753,942

1,283,450301,845,764118,637, 569344,409,975193,862, 295

3,622,977688,990,817

6,603,282,574

6, 502, 543, 0646,379, 202,1676,761,430, 6725,126, 267,4363,458,059,755816, 266, 721

Held byFederalreserve

banks andagents*

$677,493,652449,341,2607,874,24081,680,867

17,619,7643,427,63882,221,636501,140,879

7,46636,178,605

1,856,986,007

1, 764,907,1331, 582, 575,9101,063, 216,060953, 321,522

In circulation

Amount

$368,488,444934,993,939

43,684,250387,073,075

1, 283,450284, 226,000115, 209, 931262,188,339

1,692, 721,4163,615, 511

652,812,2124,746,296,567

4,737,635,9314, 796,626,2575,698, 214, 6124,172,945,9143,458,059,755816, 266, 721

Percapita

$3.087.81.36

3.23.01

2.S7.96

2.1914.13

.035.45

39.62

39.5940.5253.0140.2334.9216.92

Populationof con-tinentalUnitedStates(esti-

mated)

119,788,000

119,669,000118,364,000107,491, 000103, 716,00099,027,00048, 231,000

8

o

Io

3H

O

3

toCO

1 Includes United States paper currency in circulation in foreign countries and the amount held by the Cuban agency of the Federal Reserve Bank of Atlanta.2 Includes money held by the Cuban agency of the Federal Reserve Bank of Atlanta.3 Does not include gold bullion or foreign coin other than that held by the Treasury, Federal reserve banks, and Federal reserve agents. Gold held by Federal reserve banks

under earmark for foreign account is excluded, and gold held abroad for Federal reserve banks is included.4 These amounts are not included in the total since the money held in trust against gold and silver certificates and Treasury notes of 1890 is included under gold coin and bullion

and standard silver dollars, respectively.* The amount of money held in trust against gold and silver certificates and Treasury notes of 1890 should be deducted from this total before combining it with total money

outside of the Treasury to arrive at the stock of money in the United States.« This total includes $15,724,715 of notes in process of redemption, $168,415,543 of gold deposited for redemption of Federal reserve notes, $13,157,972 deposited for redemption of

national-bank notes, $1,950 deposited for retirement of additional circulation (act of May 30, 1908), and $7,459,992 deposited as a reserve against postal savings deposits.7 Revised figures.

NOTE.—Gold certificates are secured dollar for dollar by gold held in the Treasury for their redemption; silver certificates are secured dollar for dollar by standard silver dollarsheld in the Treasury for their redemption; United States notes are secured by a gold reserve of $156,039,088 held in the Treasury. This reserve fund may also be used for the redemp-tion of Treasury notes of 1890, which are also secured dollar for dollar by standard silver dollars held in the Treasury. Federal reserve notes are obligations of the United States anda first lien on all the assets of the issuing Federal reserve bank. Federal reserve notes are secured by the deposit with Federal reserve agents of a like amount of gold or of gold andsuch discounted or purchased paper as is eligible under the terms of the#Federal reserve act. Federal reserve banks must maintain a gold reserve of at least 40 per cent, includingthe gold redemption fund which must be deposited with the United States Treasurer, against Federal reserve notes in actual circulation. Lawful money has been deposited withthe Treasurer of the United States for retirement of all outstanding Federal reserve bank notes. National-bank notes are secured by United States bonds except where lawful money-has been deposited with the Treasurer of the United States for their retirement. A 5 per cent fund is also maintained in lawful money with the Treasurer of the United States forthe redemption of national-bank notes secured by Government bonds*


Kind of money

Gold coin and bullionGold certificatesStandard silver dollarsSilver certificatesTreasury notes of 1890Subsidiary silverMinor coin . . _United States notes-Federal reserve notesFederal reserve bank notesNational-bank notes

Total June 30, 1929Comparative totals:

May 31, 1929___»June 30,19287

Oct. 31f 1920Mar. 31,1917June 30,1914Jan. 1, 1879.

Total amount1

3 $4,324,350,8604(1,384,335,199)

539,960.849^ (468, 753, 942)

< (1,283,450)304,187,449120,640,035346,681,016

2,194,970,4153,711,131

704,294,442

8, 538, 796,197

8,390, 727,4708,118, 090, 7548,479,620,8245, 396, 596, 6773, 796,456,7641,007, 084,483

Circulation statement of United States money June 80, 1929Money held in the Treasury

Total

$3,278,368, 764

488,402,359

2,341, 6852,002,4662,271,0411,108,120

88,15415,303,625

« 3, 789,886,214

5 3,768,401,722» 3,725,649,727s 2, 436,864,530« 2,952,020,313» 1,845,575,888

« 212,420,402

Amountheld in trustagainst gold

and silvercertificates(and Treas-ury notesof 1890)

$1,384», 335,199

470,037,392

1,854,372, 591

1,880,217, 3161,986,761,140

718,674, 3782,681,691, 0721, 507,178,879

21,602,640

ReserveagainstUnitedStates

notes (andTreasurynotes of

1890)$156,039, 088

156, 039, 088

156,039, 088156,039,088152,979, 026152,979,026150,000,000100,000,000

Held forFederalreserve

banks andagents

$1, 562,425,579

__1, 562,425, 579

1, 506, 523,2791, 387, 650,4131, 212,360,791

All othermoney

$175,568,898

18,364,967

2,341,6852,002,4662,271,0411,108,120

88,15415,303,625

6 217,048,956

225, 622.039195,199,086352, 850,336117, 350,216188,397,00990,817,762

Money outside of the Treasury

Total

$1,045,982,0961,384,335,199

51, 558,490468,753,942

1,283,450301,845, 764118,637,569344,409,975

2,193,862, 2953.622,977

688,990,8176,603,282,574

6, 502, 543, 0646, 379, 202,1676,761,430,6725,126, 267,4363,458,059,755

816, 266, 721

Held byFederalreserve

banks andagents J

$677,493,652449,341,260

7,874, 24081,680,867

17,619, 7643,427,638

82,221, 636501,140,879

7,46636,178,605

1,856,986, 007

1, 764,907,1331, 582, 575,9101,063, 216,060

953,321, 522

In circulation

Amount

$368,488,444934,993,939

43, 684,250387,073,075

1, 283,450284, 226,000115, 209, 931262,188,339

1,692, 721,4163,615,511

652,812,2124, 746, 296,567

4, 737, 635,9314, 796,626,2575,698, 214,6124,172,945,9143,458,059,755

816, 266, 721

Percapita

$3.087.81.36

3.23.01

2.S7.96

2.1914.13

.035.45

39.62

39.5940.5253.0140.2334.9216.92

Populationof con-

tinentalUnitedStates(esti-

mated)

119,788,000

119,669,000118,364,000107,491, 000103, 716,00099,027,00048, 231,000

i Includes United States paper currency in circulation in foreign countries and the amount held by the Cuban agency of the Federal Reserve Bank of Atlanta.3 Includes money held by the Cuban agency of the Federal Reserve Bank of Atlanta.8 Does not include gold bullion or foreign coin other than that held by the Treasury, Federal reserve banks, and Federal reserve agents. Gold held by Federal reserve banks

under earmark for foreign account is excluded, and gold held abroad for Federal reserve banks is included.4 These amounts are not included in the total since the money held in trust against gold and silver certificates and Treasury notes of 1890 is included under gold coin and bullion

and standard silver dollars, respectively.6 The amount of money held in trust against gold and silver certificates and Treasury notes of 1890 should be deducted from this total before combining it with total money

outside of the Treasury to arrive at the stock of money in the United States.« This total includes $15,724,715 of notes in process of redemption, $168,415,543 of gold deposited for redemption of Federal reserve notes, $13,157,972 deposited for redemption of

national-bank notes, $1,950 deposited for retirement of additional circulation (act of May 30, 1908), and $7,459,992 deposited as a reserve against postal savings deposits.7 Revised figures.

NOTE.-—Gold certificates are secured dollar for dollar by gold held in the Treasury for their redemption; silver certificates are secured dollar for dollar by standard silver dollarsheld in the Treasury for their redemption; United States notes are secured by a gold reserve of $156,039,088 held in the Treasury. This reserve fund may also be used for the redemp-tion of Treasury notes of 1890, which are also secured dollar for dollar by standard silver dollars held in the Treasury. Federal reserve notes are obligations of the United States anda first lien on all the assets of the issuing Federal reserve bank. Federal reserve notes are secured by the deposit with Federal reserve agents of a like amount of gold or of gold andsuch discounted or purchased paper as is eligible under the terms of the*Federal reserve act. Federal reserve banks must maintain a gold reserve of at least 40 per cent, includingthe gold redemption fund which must be deposited with the United States Treasurer, against Federal reserve notes in actual circulation. Lawful money has been deposited withthe Treasurer of the United States for retirement of all outstanding Federal reserve bank notes. National-bank notes are secured by United States bonds except where lawful money-has been deposited with the Treasurer of the United States for their retirement. A 5 per cent fund is also maintained in lawful money with the Treasurer of the United States forthe redemption of national-bank notes secured by Government bonds*

S3

OO

so

cj

3a

to00



Imports and exports of merchandise, calendar years 1914 to 1928, inclusive, andfrom January 1 to September 80> 1929

Imports ofmerchandise

Exports ofmerchandise

Excess ofexports overimports

19141915191619171918 ,191919201921-. ,192219231924 ,1925__1926.-19271928__1929 (9 months).

$1,789,276,0011,778, 596,6952,391,635,3352,952,465,9553,031,304,7213, 904, 364, 9325, 278,481,4902, 509,147, 5703,112, 746,8333,792,065,9633,609,962,5794,226, 589,2634,430,888,0004,184, 742,0004, 091,444,000

i 3,361,883,000

$3,113,624,0503, 554, 670,8475,482, 641,1016,226,255,6546,149, 241,9517,920,425,9908,228,016,3074,485, 031,3563,831,777,4694,167,493,0804,590,983,8454,909,847,5114,808,660,0004,865,375, 0005,128, 356, 000

1 3,849,218,000

$1,324,348,0491,776,074,1523, 091, 005, 7663, 273,789, 6993,117,937, 2304,016,061, 0582, 949, 534, 8171,975,883,786

719,030,636375,427,117981,021, 268683, 258, 248377, 772, 000680,633,000

1, 036,912, 0001487,335,000

Total, 15 years and 9 months. 54,445,594,337 81,311,618,161 26,8(36,023,824

* Preliminary, subject to correction.

Gold and silver imports and exports in period indicated

GOLD

19141915 __1916191719181919 „192019211922 -19231924 t19251926152719281929 (9 months). _ .

Total, 15 years and 9 months

Imports

$57,387, 741461,954,590685,990,234552,454,37462,042,74876,534,046

417,068,273691, 248, 297275,169,785322, 715,812319,720,918128, 273,172213,504,000207, 535,000168,897,000255,195,000

4,885,690,990

Exports

$222, 616,15631,425,918

155,792,927371,883,884

41, 069,818368,185, 248322,091, 208

23,891,37736,874,89428,643,41761,648, 313

262,639,790115, 708, 000201,455,000560,760, 000

9,942, 000

2,814,627,950

Excess ofexports over

imports

$165,228, 415

291,651,202

134,366,618

391,863, 556

983,109, 235

Excess ofimports over

exports

$420, 528, 672530,197,307180, 570,49020, 972,930

94,977,065667,356, 920238,294,891294, 072, 395258,072,605

97, 796, 0006,080,000

245, 253,000

3, 054,172, 275

SILVER

10141015.191619171918191919201921 „1922192319241925 ,.192619271928 „_ ..1029 (9 months)

Total, 15 years and 9 months

$25,959,18734,483,95432,263, 28953,340,47771,375,69989,410,01888, 060,04163, 242,67170,806,65374,453,53073,944,90264, 595,41869,596,00055,074,00068,117,00048,914,000

983,636,839

$51,603,06053,598,88470, 595,03784,130,876

252,846,464239,021,051113,616, 22451,575,39962,807, 28672,468, 789

109,891,03399,127, 58592,258,00075, 625, 00087,382,00061,047,000

1,577, 593,688

$25,643,87319,114,93038,331,74830,790,399

181,470,765149,611,03325,556,183

35,946,13134, 532,16722,662, 00020, 551,00019, 265, 00012,133, 000

615, 608, 229

$11,667, 2727,999, 3671,984, 741

21,651,380



BANKS IN THE DISTRICT OF COLUMBIA

125

A classification of banking associations in the District of Columbia,together with capital, individual deposits, and aggregate assets, June29, 1929, follows:

National . . . _„_.,Loan and trust companiesSavings banksBuilding and loan associations

Total

Num-ber

63

Capital

$10, 775,00011,400,0002, 705, 000

24, 880, 000

Individualdeposits i

$121,824,00082,091,00040, 519, 000

258,916,000

Aggregateassets

$173,822,000110,622,00047,353, 00065, 964,000

303,350,000 I 397,761,000

1 Amounts due to banks not included.2 Snare payments mainly.

E&mings, expenses, and dividends of hanks other than national in theDistrict of Columbia

The following statement shows comparative figures concerning theearnings, expenses, and dividends of banks other than national in theDistrict of Columbia for the years ended June 30, 1929 and 1928:

Earnings, expenses, and dividends of trust companies and savings banks in theDistrict of Columbia[In thousands of dollars]

Capital stockTotal surplus fund „Dividends declared m

Gross earnings:Interest and discount on loans....Interest (including dividends) on

investmentsInterest on balances with other

banksDomestic exchange and collection

charges.Foreign exchange departmentCommissions and earnings from

insurance premiums and thenegotiation of real-estate loans..

Trust department.Profits on securities soldOther earnings

Total - „_

Expenses paid:Salaries and wages „Interest and discount on bor-

rowed moneyInterest on bank depositsInterest on demand depositsInterest on time deposits.—Taxes.Other expenses _

Total

6 months ended Dec.31,1928

7 trustcom-

panies

11,4008,964

612

1,975

628

74

510

2627273

451

3,514

741

419

414425376291

2,270

22 sav-ings

banks

2,6491,827

192

966

235

32

162

24

3399

1,437

377

111455

34482

218

1,101

29 totalbanks

14,04910, 791

804

2,971

863

106

2112

50272106550

4,951

1,118

1533

469769458509

3,371

6 months ended June30,1929

7 trustcom-

panies

11,4009,468

648

1,981

507

68

68

1031761

289

3,247

784

1025

339447336305

2,246

22 sav-ings

banks

2,7051,880

125

1,026

238

28

181

32

1698

1,457

381

141151

32984

236

1,106

29 totalbanks

14,10511,348

773

3,007

745

96

249

4231777

387

4,704

1,165

2436

390776420541

3,352

YearendedJune

30,4929,29

banks

14,10511,3481,577

5,978

1,608

202

4521

92589183937

9,655

2,283

3969

8591,545

8781, 050

6,723

YearendedJune

30, 1928,29

banks

13,99010, 5881,480

5,410

1, 454

229

3426

106650318931

9,158

2,206

1481

7721,453

776993

6,295



Earningsy expenses, and dividends of trust companies and savings banks in theDistrict of Columbia—Continued


Net earnings - _ _ _Recoveries on charged-off assets:

Loans and discounts .._Bonds, securities, etcAll other

Total ,

Losses and depreciation charged off:On loans and discounts .On bonds, securities, etcOn banking house, furniture, and

fixturesOn foreign exchange ^.Other losses

Total

Net addition to profits

6 months ended Dec.31, 1928

7 trustcom-

panies

1,244

1321

1,278

2414

56

175

269

1,009

22 sav-ings

banks29 totalbanks

336 1,580

7 1 811

345

6516

28

8

117

228

33o

1,623

8930

84

183

386

1,237

6 months ended June30, 1929

7 trustcom-

panies

1,001

13512

1,049

2425

30

10

89

960

22 sav-ings

banks

351

111

44

407

11145

11

13

180

227

29 totalbanks

1,352

123656

1,456

13570

41

23

269

1,187

YearendedJune

30, 1929,29

banks

2,932

206958

3,079

224100

125

206

655

2,424

YearendedJune

30, 1928,29

banks

2,863

3610024

3,023

21987

10713

125

551

2,472

Building and loan associations in the District of ColumbiaThe resources of the 22 building and loan associations operating

in the District of Columbia under the supervision of the Comptrollerof the Currency on June 30, 1929, totaled $65,964,000 and exceededby $6,109,000 the resources of a like number of associations on June30 a year ago.

The loans, which aggregated $63,566,000, showed an increase inthe year of $6,061,000. Installment payments on shares increasedalso from $53,738,000 to $58,916,000.

Fifteen of the associations operated on the permanent plan, 6 onthe serial plan, and 1 on the terminating plan. The total member-ship was 71,205, as compared to 66,219 members a year ago, and ofthe total in the current year the numbers borrowing and nonborrowingwere 19,428 and 51,777, respectively.

Years

June 30—190919101911191219131914 _19151916191719181919192019213922192319241925192619271928 „ „ .1929 . .

Numberof asso-ciations

221919202020201919202021242223232422222222

Loans

$13,511,58714,415,83214,965,22016,004,70017,398,01018,582,15619, 524,06520,186, 66220,951. 08921,567,90423. 654, 00027. 398,00029,520,00033,233,00036,157,00038,968,00042,482,00046,781,00050,940,00057, 505,00063, 566,000

Installmentson shares

$11,996,35713,213,64413,324,21714, 529, 97716,453,04417,113,89917,866, 33718, 668, 80819,413, 26820, 252, 00522, 463,00025,373,00027,593,00030,506,00032,858,00035,452,00038,653,00042,794,00047,887,00053,738,00058,916,000

Aggregateresources

$14,393,92715,250,73116,017,40517,100,29318,438,29419,029,26020, 655, 61421, 611, 00722, 264,00523, 215,02725, 699, 00029, 322, 00031,683,00034,879,00037, 589,00040,467,00043,977,00048,573,00043,829,00059, 855,00065,964,000



The foregoing statement discloses the number of building and loanassociations in the District of Columbia, their aggregate loans,installments paid on shares, and total resources on June 30 of eachyear 1909-1929. Summaries of the resources and liabilities of theindividual associations for the six months ended June 30, 1929,together with consolidated statements of assets and liabilities andreceipts and disbursements for the six months ended December 31,1928, and June 30, 1929, are published in the appendix of this report.

BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATESStatistics relative to building and loan associations in the United

States have been obtained through the courtesy of Mr. H. F. Cel-larius, secretary United States League of Local Building and LoanAssociations, with headquarters at Cincinnati, Ohio, and are pub-lished in the following statements:Number of building and loan associations, total membership, and total assets, etc.,

for the year ended in 1928, by States

States

PennsylvaniaOhioNew JerseyM assachusetts...Illinois -New York _.„..IndianaCalifornia.Wisconsin,Maryland *LouisianaMissouri...Nebraska.. „MichiganOklahoma.-.-.KansasWashington _ .Texas..KentuckyNorth CarolinaDistrict of Columbia.Virginia4

ColoradoIowa__Utah.__. -ArkansasWest Virginia_..Minnesota.-™. -Alabama _Rhode Island __OregonSouth Carolina4

C onneeticutFlorida. _. ~MaineMontana. _MississippiTennesseeDelaware --New HampshireWyomingNorth DakotaSouth DakotaNew MexicoGeorgiaIdaho.- _.VermontArizona.-.,Nevada

Total....

Numberof asso-ciations

4,272812

1,561226916313402206186

1,2101052418472881517316215523222876774247462804283714539713626523944281320231834131164

12, 666

Totalmember-

ship

1, 753,2532, 452, 0251, 250, 000512, 714873, 000577,121440,168323,160296, 973330,000193, 359241,680250, 000212, 329216,131211,820312, 872165, 780154, 700108,17068, 54360, 800131, 52867, 088

127, 02666, 68866,17083,09038, 75037, 76950, 70030, 00030, 80816,00028, 67344, 50026, 60019, 95018, 65016,48321,07719,00012, 6797,600

12, 0546,3005,1495,5001,475

11,995, 905

Total assets

$1,340, 056, 3441, 237, 520, 6171,032,429, 080516,138, 388419, 927, 785401,460, 686298, 282, 407297,189,401251, 619,119210, 000, 000186, 892, 047179, 628, 005161,398, 928142, 638, 654130, 612,128126,114, 205115, 925, 233113,034, 38997,438, 41295, 009, 52063,363, 94855,000, 00049, 553, 84646, 282, 49645, 652, 81239,870, 21739, 703, 67936, 738, 92827, 797, 94425, 716, 65724, 968, 21524,000, 00022, 589,05421, 603, 36320, 981, 54218, 384, 86618, 035, 00212,363, 63011,827,81311, 502, 36211,271, 05810,469, 6196, 240, 9414,172, 3513, 954, 0013, 795, 7423,286, 2762, 744, 802

847, 835

8, 016,034, 327

Increase in

assets

$94, 068,3912 202, 091, 300» 146, 261, 555

38,133, 24131, 829, 95451, 927,05424, 042, 30355, 392, 65434, 055,126

12, 073, 82019, 854,4586,185,36715, 839, 52814,293, 3148,134, 69714, 672, 95620,402,11211, 928, 4944,009, 5206,172, 2824,850, 3307, 077,2002, 785, 4888,400, 9514, 040,1803, 575, 4134,316. 306

18 15,803, 0003, 080, 8773, 054, 5581, 000, 0001,974, 639

* 19, 236, 9171,432, 5372,047, 3582, 617,1023,236, 5211, 615, 4441,104, 931

i 1, 866, 3951, 610, 278743, 926338, 861

1,454, 0011,056, 990469, 267802, 783324,121

837, 471, 876

Increase inmember-

ship

* 22,851169,33283, 02015,49412,00021.87935; 64761, 92835, 288

2, 70912,37514,4195,555

31,32117, 62044,46820,40012,8006,1704,7754,50011, 89714,03934,1057,9595,9702,134

1 15, 9503,3326,0002,000

1 13, 6961 12, 500

15073,0004,8005,17590039

1 5,0462,2004,974450

5,5541, 600691

1,100575

659, 644

1 Decrease.« Increase from May 31, 1927, to Dec. 31, 1928.8 Increase from June 30, 1927, to Dec. 31, 1928.

4 Estimated.* Assets, 1927, $21,245,032; actual increase, $6,552,912.



Mortgage loan investments of building and loan associations, by States

States

Total mortgage loansoutstanding

1927

Increase ofmortgageloans out-standingover pre-

vious year

Per centmortgageloans toassets,

1928

AlabamaArizonaCaliforniaConnecticut - .DelawareDistrict of Columbia-FloridaGeorgiaI linoisIdahoIndianaIowa. . .KansasKentuckyLouisianaMaine . -M assachusettsMichiganMinnesotaMississippi.......MissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahoma ,Oregon. ,PennsylvaniaRhode IslandSouth DakotaTennesseeTexasUtahVermont ,WashingtonWest VirginiaWisconsinWyomingOther States

0)$1,684,136220,214,63319,167,6238,859,21054,192,28335,122,823

364,515,0602,470,705

249,167,30940, 731, 589100,701,15483,507,936163,241,21018, 729,126

447,671, 719117,650,95226,945, 36514,053,417144,107,99214,357,427138,391,773

500,17310,021,083

840,841,1013,202,014

325,015, 03282, 500,0007,520, 715

940,272, 346106,915, 90918,101,888

L, 120, 549,41920,831,4254,535, 0008,373,08884,992,07532,667,9562,684,21680,476,27132, 589,171210,969, 010

C1)385,277,085

$24,318,4252,447,468

266,310,89820,978,10110.197,11360,222,01317, 500, 7953,313, 640

3S0,365,0963,412,094

270,981, 55542, 594,603105,611,66295.313,114174,862,06119,842,888

480,109, 722129,008, 76730,061,78516,429,885160,104,26416,072,136137, 500,496

796,90011,000,311

971,081,7563, 593,275

367,081,90988,169, 5459, 010,131

1,110,090, 000120,341,04022,000, 000

1,250,000, 00024, 026,1195,406,35511,293,05296,047, 58940,288,0183,182,35191,576,27134, 566, 509

242, 564, 78410,115,956

346,333,702

C1)$763, 332

46, 096,2651,810,4781,337, 9036,029, 730

2 17,622,028

25,850,036941, 389

21,814,2461,863,0144,910, 50811,805,17811,620,8511,113, 762

32,438,00311,357,8153,116,4202, 376,46815,996, 2721,714,7092 891,277296,727979,228

130,240,655391,261

42,066, 8775,669, 5451,489,416

169,817,65413,425,1313,898,U2

129,450, 5813,194, 694871, 355

2, 919,96411,055, 5147,620,062498,135

11,100,0001,977,338

31, 595,774

2 1,695,362

87.589.289.692.986.495.081.084.093.089.790.992.084.097.893.694.493,090.581.991.189.087.485.294.095.794.086.191.492.886.189.892.188.093.393.586.691.485.088,397.079.087.196.489.891.5

Total 6,584,818,419 7,336,124,154 751,305, 735 91.5

i Included in other States. 2 Decrease.

Failures of building and loan associations, 1920-1928

19201921192219231924 —19251926 - .19271928

Total - .

Totalnumberof asso-ciations

8,6339,255

10,00910,74411,84412,40312, 62812,80412,666

Total resources

$2, 519,914,9712,890,764,6213,342, 530,9533,942,939,8804,765,937,1975, 509,176,1546,334,103,8077,178,562,4518,016, 034, 327

Numberfailed

2649

18261221

123

121

Estimatedloss

$50691? 547

158,674132,612398,245500,000380,725

1,013,000668,000

3,243, 309

Per centof loss

to totalresources

0.00002.0032.0047.0034.0084.0090.0060.0141.0071

—

1 Located as follows: Florida, 1; Illinois, 1; Kentucky, 1; Missouri, 2; Ohio, 2; Pennsylvania, 15; andSouth Dakota, 1.


MONETARY STOCK OF PRINCIPAL COUNTRIES OF THE WORLD

The following statement, furnished by the Mint Bureau, shows the monetary stock of the principal countries ofthe world at the end of the calendar years 1927 and 1928:

Monetary stock of principal countries of the world, end of calendar year 1927

[The compilations have been made from such data as are available—avowedly incomplete. The amount of gold and silver in circulation in many countries is not obtain-able, and in some countries that held by private banks can not be given.

For the United States the figures given cover all domestic gold and silver coin, but only such bullion and foreign coins as are owned by the Government and Federal reservebanks. All foreign coin which comes into possession of the Government is converted into bullion.]

[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)]

Country

North America:United StatesCanadaMexico 3 _British HondurasCosta RicaCuba4

Dominican Republic-Guatemala- _HaitiHonduras —NewfoundlandNicaragua „Panama 7

Salvador

Mone-tary

standard

Gold——do—do,~do.

do..do

. . .do

. - d o . . .do

—do .__~do—..—do

do- .do . . . . .

Monetary unit

Name

Dollardo.

PesoDollarColonPesoDollarQuetzalGourdeLempiraDollarCordoba...BalboaColon. . . . . . .

UnitedStates

equiva-lent

$1.001.00.4985

1.00.25

1.001.001.00.20.50

1.001.001.00.50

Metallicstock

unclas-sified

$1,101

Gold stock

In banksand publictreasuries,includingthat heldabroad intrust—setaside or

"ear-marked"

$4,379, 2682 178,129

16,68390

1292,993

12540

? 1,000

3225,059

In circu-lation

$37,105

1,400

10

Total

$4,379,268178,12916,683

90

37,105129

4,39312540

1,000

3325,059

Silverstock

$845,24527,1057,783

195363

12,085807

1,29530

5007 2,300

365584

Papercircula-tion, in

monetaryunit ofissuingcountry

i 5,377,085331,189

3,220614

21,000228,572• 1,31010,55716,201

6 6308 185

5,254

18,117

Population(thousands)

120,0139,519

15,04848

4723,5681,0222; 4542,550

740268650500

1,680

Per capita

Un-clas-sified

$0.07

Gold

$38.4918.711.111.87

10.40.13

1.79.05.05

3.73

.663.00

Silver

$7.042.85.52

4.06.77

3.38.79.52.01.67

8.58.56

1.17

Paper

44.8034.79

.2112.7944.4964.061.284.306.35.85.69

8.08

16.78

O

o

OO

1ot-lt 1

fel

Footnotes at end of table.to

Q


Monetary stock of 'principal countries of the world, end of calendar year 1927—Continued

[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)] o

Country

Virgin Is! andsBritish West Indies-

BarbadosJamaicaTrinidad

Dutch West Indies.

French WTest Indies-GuadeloupeMartinique4 . . .

South America:ArgentinaBoliviaBrazil..ChileColombiaEcuadorGuiana—

British..DutchFrench

ParaguayPeruUruguayVenezuela7

Europe:Austria10

Belgium 10BulgariaCzechoslovakiaDanzig

Mone-tary

standard

Gold

do

. . .do

...do

...dodo

...dododo

. . .dodo

. . do

...dododo

...dododo

. do..

do...do. . do

Gold....

Monetary unit

Name

Franc

Pounddodo

Guilder orflorin.

Francdo

PesoBolivianoMilreisPeso

doSucre

DollarGuilder.FrancPesoPoundPeso . - . .Bolivar

SchillingBelgaLevKroneGulden

UnitedStates

equiva-lent

$.193

4.86654.86654. 8665.402

.193

.193

.9648

.3893

.5462

.1217

.9733<» .2000

1.0138.402.193.9648

4. 86651. 0342.193

.1407

.139

.193

.2026

.195

Metallicstock

unclas-sified

$1,660

32,804

Gold stock


"ear-marked"

$86

891

299

475,4478,568

100,7709,811

19,9622,046

867 94

21,49069, 51015,000

11,88399,8789,261

2

In circu-lation

$2

8

122

_„

Total

$88

8891

299

475,4478,568

100,7709,933

19,9622,046

8694

21,49069,51015,000

11,88399,8789,261

Silverstock

$67

1791

5,253230

54

717

2,3227 9,517

9 166

7 203334

7 194

5,1719,000

" Viii"3,476

1,950



«500

84266

5,6263,312

33,24534,000

1,349,44539,556

8*3,004,864252,97846,37041,316

1,5292,920

* 11,400192,712

6,03671,78762,500

1,005,3152,153,9103,726,9728,417, 263

36,008


25

16485839158

230240

10,6472,599

40,5434,0257,2832,000

30714347

1,0005,5001,7203,089

6,7007,9325,597

14,388400

Per capita

Un-clas-sified

$6.92

2.28

Gold

$3.52

.0215.36

1.30

44.653.292.482.462.741.02

.602.00

3.7240.414.85

1 7712.591.65

Silver

$2.68

.9213.433.96

.24

.571.30.08

.662.344.13

3.012.91

.02

.62

4.87

Paper

20.00

.02

.3114.3857.10

144. 54141.67

126. 7415.2274.1162.856.37

20.65

4.9820.42

242. 55192.71

1.0941.7320.23

150.04271. 54665.88585.0290.20


Denmark MEstoniaFinlandFiance12

GermanyGibraltar7

Great Britain andIrish Free State.

Greece10

Hungary „._.Iceland _ _Italy"LatviaLithuaniaNetherlands _

NorwayPoland „PortugalRumaniai0

Russia 15

SpainSwedenSwitzerland"Yugoslavia 10

Asia:British North Borneo.CeylonChina *7

Cyprus IslandFederated Malay

States.India, BritishIndo-China, French...Japan , including

Chosen, Taiwan,Kwantung.

Nether land East In-dies.

Palestine _Persia 7

Philippine IslandsSarawakSiamStraits SettlementsSyria

Africa:AbyssiniaAlgeria _„Belgian CongoDahomei7

—dodo— d o "do

—do—do

do—do—do.___do

do..do

.do

—do_ -do

—do—do—do

do

—dodo

SilverGoldGold....

, . doSilver...Gold

—do

. . . d o „ _SilverGold

dodo

...dodo

SilverGold....

-_ do...do

CrownMark..FrancReichsmark.Pound

do

DrachmaPengoKroneLiraLatLitas . .Florin or

guilder.Krone. .Zloty.EscudoLeuChervonetz.PesetaKrona___ _Franc.Dinar

DollarRupeeDollarPoundDollar

RupeePiasterYen

Guilder

Pound.. _KranPesoDollarTicalDollar _„..Pound-

ThalarL. . .Franc

do—.do .„

.268

.268

.0252

.193

.23824. 86654.8665

.193

.1749

.268

.193

.193

.10

.402

.268

.11221. 0805.193

5.1455.193.268.193.193

.5678

.365(18)

4.86655678

.365(18)

4985

.402

4. 8665(18)

.505678

.4428

.58783.860

(18)

.193

.193

.193

15,674

— —

17,334

— —

29,626

15, 521

48,776201

7,979799 627424,760

761,819

H 14,70734,432

603239,180

4,570105

160,836

44,64139,5879.267

29', 00697,039

502,30261,88283.47017,133

15

119,097

480, 299

71,640

3,044

1,638

11

292

48,776201

7,990799, 627424,760

761,819

14, 70734,432

603239,180

4,570105

180,836

44,64139,5879,267

29,00697,039

502,30261,88283,47017,133

15

292

119,097

480,299

71,640

3,044

1,638

2,948

7 2266,190

171,931

334,400

1,4677,009

»18,2054,6321,350

47,856

1,93010,647

6852,025

132, 2258 950

12,1313,391

13, 734107,677

718240

1,732, 770

212,231

159,818

2,92032,72618, 786

8823,71112,824

21,458

354,17839,142

1,514,40756,300, 6105,468,946

"160494,140

5, 690,845486,7547,325

18, 775,00077,753

857,374

330,9001,170,0341,831,77021,026,263

104,4044, 202,441526, 236917,393

5,743,389

2,47262,471390,097

474

1, 826,424129,902

1, 831,981

351,181

2,000ie 116,403118,015

7 156130,853140,6277,675

7501, 355, 310124,61959,106

3,4751,1153,55840,96062,592

1848,408

6,8258,522

9840, 7991,8702,2867,626

2,78929,5896,185

17,709146,98922,128

3,95913,160

2585,125

442,000317

1,325

318,942

51,718

88710,00011,922

6009,939

9353,000

10,1006,065

15,0001,000

.25

.83

9.87

2.55

14.03.18

2.2519.526.78

15. 73

2.164.046.285.862.44

.0521.09

16.011.341.491.63.66

22.7010.1621.08

1.30

.92

.37

5.75

1.38

.25

1.75

.85

1.612.74

6.90

.22

.82

.452.47

.596.27

.69

.36

.11

.11

5.98.15

3.06.25

2.68.24

2.26.18

5.43

2.54

3.09

3.293.27L57

.152.38

13.71

2.12

101.9235.10

425. 631,374. 52

87.378.89

10.21

833.8257.1176.30

460.1841.5842.26

112.42

118. 6439.54

296.161,187.32

.71189. 9186.43

231. 72436.42

12.18.88

1.49

5.726.27

21.95

6.79

2.2511.649.90.26

13.16150.40

2.56

.07223.46

8.3159.11

Footnotes at end of table.


Monetary stock of principal countries of the world, end of calendar year 1927—Continued[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)]

Country

Africa—Continued.EgyptEritrea _French Equatorial

Africa.Gambia. _Gold CoastGuinea, FrenchIvory CoastKenya Colony and

Uganda.4MadagascarMoroccoNigeriaNyasaland..Portuguese East

Africa.7Portuguese West

Africa.Reunion Island 20_. - . .Rhodesia-

NorthernSouthern. __

SenegalSierra LeoneSomaliland—

British.FrenchItalian . . . . .

Mone-tary

standard

Gold.- . do—do.. . .

. do—do__.___do

do—do

do— d o

do—do...do

do .

- d o

. do—do._

do—do

—do—do—do

Monetary unit

Name

PoundLiraFranc

Pounddo

Franc.do

Shilling

Franc. do .Pound

._doEscudo .

do

Franc

Pounddo

FrancPound

RupseFrancRupee

UnitedStates

equiva-lent

$4.9431.193.193

4.86654.8665

.193

.193

.2433

.193

.1934.86654.86651.0805

1.0805

.193

4.86654.8665

.1934.8665

.365

. 193

.365

Metallicstock

unclas-sified

$2,658

560

Gold stock

In banksand publictreasuries,includingthat heldabroad intrust--setaside or

"ear-marked"

$18,459

11

102195

221,460

191

In circu-lation

$58146

2

Total

$18,459

11

160341

241,460

191

Silverstock

$27,8501,692

8816

19,004

30

3,4371,598

2

438 '730

107

329

1,863



27,522

28,000

1661,690

27,123119,44140,450

296,853447,237

224

104,897

81,232

39,900

35900

439,472155

3004,4102,000


14,169450

3,125

2102,3002,0201,6565,765

3,6215,557

18,4751,1763,120

4,150

174

931808

1,2251,541

34465

1,000

Per capita

Un-clas-sified

$0.47

3.22

Gold

$1.30

.13

.11

.031.81

2.94

Silver

$1.963.76

• .43

3.29.

.01

.181.36

.47

.90

.07

.96

1.86

Paper

1.94

8.96

.80

.7413.4272.127.02

81.9880.48

.01

33.62

19.57

229.31

.041.11

358.75.10

.8767.842,00

CO

to

©s

i8

gO


Sudan, Anglo-Egyp-tian.

TanganyikaTunisUnion of South AfricaZanzibar

Oceania:AustraliaNew ZealandFiji IslandsSociety Islands

Total

_._do

dodododo

do...do

do...do

Pound

ShillingFrancPound

Pound..dodo

Franc

4.8665

. 2433

.1934.8665.365

4.86654.86654.8665.193

130

130,98338,282

286,203

42,021

105,119

431

9, 654,709

16,339

55,495

130

58,360

105,119

431

9, 710, 204

8,415

4,874

13,154407

973

4,183,029

293

8,2547 239, 654

9,503

51,9946, 570

19,960

6,475

4,3502,1607,659

197

6,2351,450

16428

1,845,053

21.0126.40

.16

.02

7.62

16.86

2.62

5.26

1.30

1.12

1.722 06

5.93

2.27

.05

1.89110. 95

1.24

8.344.53

712.85

B

1 Includes gold and silver certificates (representing coin and bullion held in trust inthe treasury) redeemable on demand.

2 Including some silyer.3 Figures for 1925.« On June 30, 1927.* United States Government and bank notes.s In United States dollars.7 Last year's figures or figures of previous years.8 Newfoundland government notes only.8* Paper milreis.0 Including minor coin.

1C Stock in national bank." Monetary standard not established.12 On Bee. 24, 1927.13 Exclusive of Spanish bank notes.14 Includes that held abroad.« On Jan. 10,1928." On Jan. 1,1928." Incomplete.18 Fluctuates with the price of silver.i« On Mar. 20, 1927.20 June 30,1928.

3nO

NOTE.—Figures given represent each country's stock at the end of the year, except when otherwise indicated. Population figures are from the Commerce Yearbook, 1928. Blanksindicate no figures available, rather than no stock. Gold reported held abroad but not reported as set aside or "earmarked," not included in the above figures (presumably reportedby tha country having actual possession).

33

a

0000


Monetary stock of principal countries of the world, end of calendar year 1928 (subject to revision)

IStated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)CO

Country

North America:United StatesCanadaMexico3 __.British HondurasCosta Rica . . .Cuba*Dominican Republic.GuatemalaHaiti6

Honduras6

Newfoundland 6_Nicaragua...PanamaSalvador6 . ._

British West Indies-BarbadosJamaicaTrinidad6

Dutch West Indies....French West Indies—

Guadeloupe

South America:Argentina.BoliviaBrazilChileColumbiaEcuador

Mone-tary

standard

Gold....—do...do...do

do...do...do...do

.do . .

.do . . . .. . .do...do

do...do

.do

...dodo

.do . .. . .do . . . . .

.do..do .

...do

...do.do

—do...do...do

Monetary unit

Name

Dollardo

PesoDollarColon .PesoDollarQuetzalGourdeLempiraDollarCordobaBalboaColonFranc

Pound.do . .

. .doGuilder

Franc.do

Peso..Boliviano...Milreis......Peso

doSucre

UnitedStates

equiva-lent

$1.001.00.4985

1.00.25

1.001.001.00.20.50

1.001.001 00.50.193

4.86654.86654.8665.402

.193

.193

.9648*°. 365

.5462

.1217

.9733".2000

Metallicstock

unclas-sified

----------

Gold stock


"ear-marked"

$4,141,421U60,855

22,956

6,54690

2,46612540

1,000

5,05986

1,047

296965

618,931"7,475148,591

7,36324,271

181,124

In circu-lation

$17, 241

100

10

2

8

122

Total

$4,141,421160,85522,956

23,78790

2,56612540

1,000

106,059

88

81,047

296965

618,9317,475

148, 5917,485

24,2711,124

Silverstock

$849,99527,73812,765

202363

8,413240

1,31230

5002,300

4408 90

69

1791

5,253155

24

6 17

8986 9 517

i*. is 497



i 5,215,307349,870

54624,13854,176«1,551

9,93516,201

•6307 185

6,031

18,1176.»500

94321

5,6265,298

38,48841,720

« 1,349,44544,204

3, 379, 026351, 50656,183

"37,434


120,0139,519

15,04848

4723,5681,0222,4542,560

740268650500

1,68025

16485839168

230240

10,6472,599

40, 5434,0257,2832,000

Per capita

Un-clas-sified

Gold

$34.5116.891.52

6.67.08

1.04.05.05

3.73

.023.013.52

.0218.05

1.284.02

58.132.873.661.863.33

.56

Silver

$7.082.91.84

4.21.76

2.35.23.53.01.67

8.58.67.18

~~~2.~7(r

.9213.432.67

.10

""""."6l*.22

1.31.26

Paper

43.4536.75

11.3751.1315.181.514.056.35.85.69

9.27

10.7920.00

.02

.3714.3891.34

167.34173.83

126.7417.0183.3487.33

7.7118.72


Guiana—British...,Dutch eFrench

, Paraguay •3 PeruD Uruguay2 Venezuela0 Europe:1 Albaniab Austria16

D Belgium18.!8

Bulgaria.. - .C zechoslo vakiaDanzigDenmark 18

EstoniaFinland.France22

GermanyGibraltar e.Great Br i ta in and

Irish Free StateGreeceHungary..IcelandItaly-LatviaLithuaniaNetherlands

NorwayPolandPortugal27

RumaniaRussia 28

Spain 29 .Sweden 29SwitzerlandYugoslavia i6

Asia: |British N. BorneoCeylonChina 30Cyprus IslandFed. Malay StatesIndia, BritishIndo-China, French...Japan, including Cho-

sen, Taiwan, Kwan-tung.

..do...do....do....do....do....do....do..

. .do. . ....do......do......do...

(21)Gold... . .do. . .. . .do . . .. . .do . . .. . .do . . .. . .do . . .. . .do . . .

..do..

..do..

..do...do...do.._do_..do..

_do_...do....do.._do_...do.._do_...do.... .do...

. . .do—

.. .do. . .

....do...Silver.Gold..

.do.. . .do . . .Silver..G o l d -

Dollar...Guilder .Franc...Peso.Pound..PesoBolivar.

FrancSchilling....BelgaLevKrone..Gulden.Krone.CrownMarkFrancReichmarks.Pound

.....doDrachma...PengoKron<LiraLat . . .LitasFlorin or

guilder.KroneZloty.EscudoLeuChervonetz.PesetaKronaFrancDinar

Dollar-Rupee _Dollar..Pound.Dollar-Rupee. _Piaster..Yen

1.0.138.402

4.86651.0342.193

.193

.1407

.13920.0072.0298.195.268

.025223.0392.23824.8665

4.866525. 0130.1749

26.0526.193.10.402

.11221.0805.1935.1455.193.268.193.193

.5678

.365(31)

4. 8665.5678.365

a1).4985

22,042

19,93869, 5577,818

23,743125,5749,4428,607

1

617,672

1, 253, 500629, 731

772,7227,32135,] 69

601265,7324,5843,427

174,692

45,42947,7619,26730,32791,886493,80763,25992,90617,566

14

123,999

529, 254

73, 258

292

19,93869,5577,818

23,743125,5749,4428,607

146, 298

617,672

1, 253, 500629, 731

772,7227,32135,169

601265,7324,5843,427

174,692

45,42947,7619,26730,32791,886493,80763, 259166,16417, 566

14

292

~I23,~999

~529,~254

205334194

7,2245,171

6 9, 000

174«2833,654

121,9502,153

66 22

" 28, 706207, 926

250,00066

2,456

19 5,3824,6321,350

47,195

1,8769,139

996653

134,717"903

37,905

12,945140, 235

766158

1, 671,482

6 212, 231

1,5752,920

11,400192, 712

6,12272,48489,196

1,0001,067,3632, 302,3324,173, 017

12, 542,90839,416

360, 20040,346

1, 513, 21363,915, 593

5, 647, 2372U60

420,8415, 689,550

513,4618,053

17, 295,39377, 65384,774

870,588

315, 5001,394,2841,976,184

21,211,000182,110

4,377,167546,013952, 697

5, 528,170

2,38357,417

561,430412

8,4721,891,023

141,8751, 773,499

30714347

1,0005,5001,720

1,0006,7007,9325,597

14,388400

3,4751,1153,558

40,96062,592

18

48,4086,8258,522

9640,799

1,8702,2867,626

2,78929,5896,185

17,709146,98922,128

3,95913,160

2585,125

442,000317

1,325318,942

20, 69883,458

$1.08

.602.00

3.6240.44

2.53

3.5415.831.68.59

13.32.05

2.1530.6010.06

15.961.074.126.266.512.451.50

22.91

16. 281.611.491.71.62

22.3110.3941.971.33

.92

.38

6.34

.672.344.13

1.313.012.91

.03

.65

4.87.62

.01

.703.32

5.16.01.29

.132.47

.596.18

.67

.31

.16

.03

.676.08.14

9.57

2.52.31

2.41.12

5.24

2.54

5.1320.42

242.55192. 71

1.1142.1428.87

1.00159.31290. 26745.58871. 7698.54

103.6636.18

425.30, 560.44

90.228.89

833. 6360.2583.88

423. 9141.5237.08

114.16

113.1247.12

319. 51, 197. 75

1. 23197.8189.68

240. 64420.07

9.2311.201.271.306.395.926.85

21.25



Monetary stock of principal countries of the world, end of calendar year 1928 (subject to revision)—Continued

[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted)]COO

Country

Asia—Continued.Netherlands E. Indies.Palestine- . .Persia6.Philippine IslandsSarawak _Siam

Straits SettlementsSyriaTurkey..

Africa:AbyssiniaAlgeriaBelgian KongoEgyptEritrea • ._._French Equatorial

Africa.French West AfricaGambiaGold CoastKenya Colony and

Uganda.33Madagascar-MoroccoNigeriaNyasalandPortuguese East

Africa.

Mone-tary

standard

Gold—do

SilverGold—

.. do—do.—

— d o —-.do „...do

SilverGold—

—do—do .—do_.__

do

dodo

—do—do

do—do—do .—do—do

Monetary unit

Name

GuilderPoundKran.—Peso..Dollar . .B a h t or

tical.DollarPoundLira

ThalariFranc

do _.PoundLira_Franc

doPound

doShilling

Francdo

Pound _do

Escudo

UnitedStates

equiva-lent

$0.4024 8665

%.5678.4424

.56783.8604.400

.0392

.02784.9431.05260392

03924 86654.8665.2433

.0392

.03924.86654.86651.0805

Metallicstock

unclas-sified

~"$6~746~

8,955

- --

Gold stock

In banksand publictreasuries,includingthat heldabroad intrust—setaside or"ear-

marked"

$68,264

3,518

1,630

1,94817 693

3,119

118438

In circu-lation

42

Total

$68, 264

3,518

1,630

1,94817,693

3,119

160438

Silverstock

$160,1196 2,92032, 72619,089

32 968,038

12, 763

22,043

28,2311,692

20,042

3,5931,605



356, 5452,000

116,403130,912

129,068

146,9318,610

153, 749

1,3241,777,481

157,58730,398

<28,000

622,467191

1,79730,451

294,051709,065

227

75, 712


51,718887

10,00011,922

6009,939

9353,000

13, 650

10,1006,065

15,00014,169

4503,125

4,901210

2,3005,765

3,6215,557

18,4751,1763,120

Per capita

Un-clas-sified

$2.25

1.47

Gold

$1.32

.29

1.74

.131.24

.56

.13

.14

Silver

$3.093.293.271.60.16.81

13.65

2.17

1.993.76

3.49

.191.36

Paper

6.892.25

11.6410.98

12.98

157.142.87

11.26

.13293.07

10. 502.14

8.96

127.01.91.78

5.28

81.21127. 59

.01

24.26


Portuguese WestAfrica.

Reunion Island 6Rhodesia-

NorthernSouthern

Sierra Leone6

Somaliland—BritishFrench 6Italian6

Sudan, Anglo-Egyp-tian

TanganyikaTunis6 . .Union of South AfricaZanzibar

Oceania:Australia.. .New ZealandFiji Islands 6 .Society Islands

Total. _.

do

__.do . .

-.do— d o . . . . .

do

dododo

dododododo

.dododo

...do

do . .Franc

Pounddodo

RupeeFranc.Rupee

PoundShillingFrancPoundRupee

Pounddo

-doFranc

1.0805

.0392

4.86654.86654.8665

.365.0392.365

4.8665.2433.0392

4.8665.365

4.86654.86654.8665

.0392

19129, 29735, 342

202,382

16842

191

70

33, 516

108, 433

431

10, 402, 779

24

33, 074

124,173

40842

191

70

66, 590

108,433

431

10, 526,952

787925107

475

1,863

8,8964,637

16,389550

973

4,170,183

69,172

39,900

122953155

7504,4102,000

3*2339,844

239,6549,6562,799

45, 6456,521

18, 952

4,150

174

931808

1,541

34465

1,000

6,4754,3502,1607,659

197

6,2351,450

16428

1,858, 703

20.7324.37

.11

.041.04

2.93

.01

8.69

17.39

2.62

5.66

.841.14.07

1.39

1 86

1.371 06

2.142.79

5,93

2.24

16.67

229.31

.131.18.10

2.1867.842 00

.042 26

110 951.26

14.21

7.324 50

676.85

1 Includes gold and silver certificates (representing coin and bullion held in trust inthe treasury) redeemable on demand.

2 Including some silver.8 In Mexican banks on Apr. 30,1928.4 On June 30,1928; national coin and United States bank notes in Government treasury

and in banks.* United States Government notes.6 Last year's figures or figures of previous years.7 Newfoundland Government notes only.8 In Banco Nacional; paper currency of the United States circulates.

8 In United States dollars.10 New monetary unit established July 11, 1928." On May 31,1928." N e w monetary unit established Mar. 19, 1927.*3 Exclusive of the gold held abroad.i* Including nickel." On Nov. 27, 1928." Stock in National Bank.

" Exclusive of 1-schilling and U-schilling coins.is On Dec. 25, 1928.19 Including some minor coin.20 New monetary unit established Nov. 28, 1928.21 Monetary standard not established; stabilized rate indicated.22 On Dec. 28,1928.23 New monetary unit established June 24, 1928.24 Exclusive of Spanish bank notes.26 New monetary unit established May 14, 1928.26 New monetary unit established Dec. 22, 1927.27 On Dec. 26, 1928.28 On Jan. 1, 1929.2« On Dec. 29,1928.30 Incomplete.si Fluctuates with the price of silver.32 Including notes.33 On June 30, 1928.34 In banks and Government treasury,

NOTE.—Figures given represent each country's stock at the end of the year, except when otherwise indicated. Population figures are from the Commerce Yearbook, 1928.Blanks indicate no figures available, rather than no stock. Gold reported held abroad but not reported as set aside or "earmarked," not included in the above figures (presumablyreported by the country having actual possession).

3

i3

o

3

3a



FEDERAL LAND BANKS

The statement following shows the condition of the 12 Federalland banks September 30, 1929, compiled from their reports to theFederal Farm Loan Board:Consolidated statement September SO, 1929, compiled from reports to the Federal

Farm Loan BoardASSETS

Gross mortgage loans $1, 308, 756, 254. 50Less payments on principal 105, 383, 571. 68

Net mortgage loans 1, 203, 372, 682. 82Less principal of delinquent installments. 882, 200. 09

$1, 202, 490, 482. 73United States Government securities. . 17, 267, 933. 33

17, 267, 933. 33Bonds of other Federal land banks 5, 771, 039. 38Other securities 4, 181, 108. 07"Cash deposits for matured or called bonds - 18, 775. 00Cash on hand and in banks . . . . 8, 317, 683. 35Accounts receivable:

Tax advances 921, 996. 35Other 359, 255. 10

1, 281, 2^1. 45Notes receivable, etc.:

Notes. 122, 527. 95Purchase money, first mortgages.. 5, 012, 714. 61Purchase money, second mortgages. 1, 028, 958. 07Real estate sales contracts 7, 225, 095. 89

Total 13, 389, 296. 52Less reserves for purchase money

mortgages and/or contracts 2, 101, 711. 66• 11, 287, 584. 86

Delinquent amortization installments:Less than 30 days . . . 624, 892. 2130 to 60 days 311, 247. 6060 to 90 days.. _ 491, 465. 1490 days and over 2, 201, 323. 35

Total 3, 628, 928. 30Less partial payments 284, 315. 47Less reserves for delinquent install-

ments . 2, 185, 584. 761, 159, 028. 07

Interest accrued:Mortgage loans 21, 845, 348. 11Other ___ 313, 821. 38

22, 159, 169. 49Real estate owned:

Owned outright 17, 035, 072. 96Real estate subject to optional

sales contracts 318, 375. 67

Total 17, 353, 448. 63Less reserves for real estate 8, 750, 214. 47

8, 603, 234. 16Sheriffs' certificates, judgments, etc.

(subject to redemption):(a) Foreclosures under first mort-

gages 4, 648, 989. 02(6) Foreclosures under installments

or second mortgages 283, 472. 38(c) Banks' mortgages on property

covered by (6) 1, 357, 831. 906, 290, 293. 30


REPORT OF THE COMPTROLLER OF THE CURRENCY. 139

Spokane participation certificates $2, 799, 850. 18Less reserves for Spokane participa-

tion certificates „ 2, 799, 850. 18Banking house $2, 879, 784. 07Furniture, fixtures, equipment, etc . , 255, 777. 47Prepaid or deferred expenses. 577, 222. 45Other assets 428, 659. 10

Total assets „ 1, 292, 969, 026. 28LIABILITIES

Farm loan bonds (unmatured) 1, 183, 619, 880. 00Less held by banks of issue. 2, 489, 140. 00

1, 181, 130, 740. 00Sold subject to repurchase agree-

ment (6, 822, 500. 00)Farm loan bonds matured or called 18, 775. 00Notes payable, etc „_.„ 700, 000. 00Dividends declared but unpaid . 1, 087, 227. 86Matured coupons on farm loan bonds 822, 789. 84Due borrowers . 669, 638. 03Accounts payable- 799, 801. 73Interest accrued:

Farm loan bonds 17, 559, 854. 48Other 415, 887. 73

17, 975, 742. 21Advance installment payments (partial and interest portion

full)—. - 1, 394, 115. 66Other liabilities — . . . 539, 382. 52Spokane participation certificates , _ 2, 799, 850. 18Deferred income 1, 759, 568. 83Capital stock:

United States Government 325, 983. 00Individual subscribers 345. 00Individual subscribers through

Porto Rico branch 670, 270. 00National farm loan associations 64, 573, 115. 00Borrowers through agents 133, 485. 00

65, 703, 198. 00Legal reserves 12, 734, 458. 66Other reserves — 41, 000. 00Undivided profits 4, 792, 737. 76

Total liabilities 1, 292, 969, 026. 28



JOINT STOCK LAND BANKS

The statement following shows the condition of the 49 joint stockland banks September 30, 1929, compiled from their reports to theFederal Farm Loan Board:

Consolidated statement September 80, 1929, compiled from reports to the FederalFarm Loan Board *

ASSETS

Gross mortgage loans $637, 098, 072. 39Less payments on principal 43, 277, 696. 29

Net mortgage loans 593, 820, 376. 10Less principal of delinquent installments 432, 488. 75Less reserves for mortgage loans—foreclo-

sures pending 644, 122. 35$592, 743, 765. 00

United States Government securities $5, 670, 921, 88Less sold under repurchase agreement ,

5, 670, 921. 88Other securities 137, 023. 65Cash deposits for matured or called bonds 2, 500. 00Cash on hand and in banks 7, 118, 480. 16Accounts receivable:

Tax advances 367, 345. 87Other 103, 799. 30

471, 145. 17Notes receivable, etc.:

Notes.. 294, 914. 21Purchase money, first mortgages.^ 2, 266, 374. 43Purchase money, second mortgages _„.. 1, 505, 788. 21Real-estate sales contracts.™ 3, 753, 002. 54

Total 7, 820, 079. 39Less reserves for purchase money mort-

gages and/or contracts 242, 391. 987, 577, 687. 41

Delinquent amortization installments:Less than 30 days 425, 098. 1430 to 60 days ._. 163, 462. 9160 to 90 days- --- 253, 652. 8390 days and over _ 1, 160, 490. 41

Total 2, 002, 704. 29Less partial payments 200, 534. 47Less reserves for delinquent install-

ments 660, 186. 321, 141, 983. 50

Interest accrued:Mortgage loans 10, 669, 203. 51Other _. 64, 362. 96

10, 733, 566. 47Real estate owned:

Owned outright 13, 210, 018. 41Less mortgages not assumed „._

Total - 13, 210, 018. 41Real estate subject to optional sales

contracts-.., 719, 096. 21Total 13, 929, 114. 62

Less reserves for real estate 564, 472. 2513, 364, 642. 37

* Joint stock land banks In receivership are not included 4n this statement.



Sheriffs' certificates, judgments, etc. (sub-ject to redemption):

(a) Foreclosures under first mortgages. $3, 208, 030. 13(b) Foreclosures under installments or

second mortgages. _„ .. 328, 425. 90(c) Banks' mortgages on property cov-

ered by (&)_ „ 2, 435, 569. 47

Total.___.._„ . - _ . „ - . 5, 972, 025. 50Less reserve for sheriffs' certificates___. 476, 635. 32

$ 5 j 495> 3 m 1 8Banking house _ ._ . - . - - - 37, 035. 84Furniture, fixtures, equipment, e t c . . 108, 225. 42Prepaid or deferred expenses 345, 372. 61Other assets . . 276, 055. 89Deficit (Chicago, Des Moines, First Carolinas, Oregon, Wash-

ington, Southern Minnesota, Tennessee) 1, 780, 080. 72Total assets. . . . . . . 647, 003, 876. 27

LIABILITIES

Farm loan bonds (unmatured) 585, 449, 900. 00Less held by banks of issue _ . . 7, 714, 900. 00

577,735,000.00Sold subject to repurchase agreement__ (1, 557, 500. 00)

Farm loan bonds matured or called „. 6, 600. 00Notes payable, etc 2, 644, 185. 00Mortgages assumed on real estate owned „ 17, 405. 98Dividends declared but unpaid.. 81, 302. 39Matured coupons on farm loan bonds._-„.„ „ 1, 243, 996. 65Due borrowers . . . „ . 275, 694. 36Accounts payable ._- . 110, 216. 17Interest accrued:

Farm loan bonds . _ . . 9, 346, 010. 01Other . .... 13, 350. 21

— 9, 359, 360. 22Advance installment payments (partial, and interest portion

full) . 672, 885. 42Other liabilities.. „ 73, 126. 86Deferred income ^ 1, 295, 459. 16Capital stock paid in 41, 744, 310. 24Surplus paid i n . . . 1, 575, 059. 00Surplus earned 2, 520, 190. 38Legal reserves -_- 4, 926, 784. 99Other reserves... .-_ 337, 909. 58Undivided profits . 2, 384, 389. S7

Total liabilities 647, 003, 876. 27



FEDERAL INTERMEDIATE CREDIT BANKS

The statement following shows the condition of the 12 Federalintermediate credit banks September 30, 1929, compiled from theirreports to the Federal Farm Loan Board:

Consolidated statement September 30, 1929, compiled from reports to the FederalFarm Loan Board

ASSETS

Loans.. . $16, 860, 478. 15Discounts 55, 343, 053. 97United States Government securities. $249, 562. 50Less sold under repurchase agreement

— 249, 562. 50Debentures of other Federal intermediate credit banks 4, 683, 983. 72Other securities-.... 50, 010. 00Cash on hand and in banks 4, 947, 876. 06Less cash held as collateral. 143, 009. 51

4, 804, 866. 55Accounts receivable 64, 323. 45Notes receivable, etc _ _. . . - 88, 792. 95Interest accrued:

Loans and discounts 312, 132. 52Other „ 74, 018. 09

386, 150. 61Furniture, fixtures, equipment, etc 14, 739. 09Prepaid and deferred expenses 97, 326. 70Other assets 89, 587. 61Capital callable from U.S. Treasury... ___.... 30, 000, 000. 00Deficit (Columbia) 844, 351. 74

Total assets. 113, 577, 227. 04

LIABILITIES

Federal intermediate credit bank debentures(unmatured) $44,625,000. 00

Less held by banks of issue44, 625, 000. 00

Loans discounted with banks other than Federal intermediatecredit banks... 2, 000, 000. 00

Discounts rediscounted with banks other than Federal inter-mediate credit banks 2, 354, 447. 54

Due borrowers.. 191, 874. 14Interest collected not earned 625, 355. 86Interest accrued:

Federal intermediate credit bank deben-tures 530,317.24

Other.... -..530, 317. 24

Other liabilities. 67, 017. 07Capital:

Paid in 30,000,000.00Callable from United States Treasury 30, 000, 000. 00

60, 000, 000. 00Surplus (earned) 1, 799, 708. 06Keserve for estimated losses and contingencies 819, 344. 79Other reserves 22, 417. 28Undivided profits 541, 745. 06

Total liabilities-. _ _ 113, 577, 227. 04



NATIONAL AGRICULTURAL CREDIT CORPORATIONS

Under the provisions of the act of March 4, 1923, United StatesRevised Statutes, National Agricultural Credit Corporations may beformed for the purpose of providing credit facilities for the agri-cultural and livestock industries of the United States. The PacificNational Âgricultural Credit Corporation of Fresno, Calif., is theonly such corporation now in existence. It is authorized to transactbusiness within the States of California, Arizona, Nevada, Oregon,Utah, Idaho, and New Mexico.

A statement of the resources and liabilities of the Pacific NationalAgricultural Credit Corporation of Fresno, Calif., as of the close ofbusiness on October 4, 1929, appears below:

EESOURCES

Cash on hand and in banks $33, 618. 65United States bonds 261, 073. 01Loans 2, 664, 339. 53Furniture and fixtures._„ 2, 117. 28Accounts receivable 504. 06Other assets ____„__ 16, 804. 93Customers funds held in trust._„ „..„ 80, 951. 55

3, 059, 409. 01

LIABILITIES

Capital stock___ ___-- ___ „ 500, 000. 00Surplus . 85, 000. 00Undivided profits . 3, 498. 26Discounts _._. 2, 369, 719. 76Inspection deposits „ „__ 562. 50Reserve for taxes . _, 2, 979. 50Other liabilities „_„„__. 16? 697. 44Undistributed trustee funds ~_-- 80, 951. 55

3, 059, 409. 01

UNITED STATES POSTAL SAVINGS SYSTEM

The tables following, compiled by the Third Assistant PostmasterGeneral, under whose supervision the system operates, disclose com-parative statements of the resources and liabilities of the postalsavings system for the years ended June 30, 1928 and 1929, togetherwith a summary of the postal savings business for the fiscal yearended June 30,1929, by States. (The total number of depositors onJune 30, 1929, was 416,584, an increase of 4,334 in the year, and theaverage amount on deposit per depositor was $368.82, compared to$369.06 a year ago.)


Comparative balance sheet for June SO, 1929, and June SO, 1928

Items June 30,1929 June 30,1928 Increase Decrease

Working cash:Depository banks.Postmasters.....

$127,491,263. 27345,487.01

Special funds:Treasurer of the United S ta tes -

Reserve fundMiscellaneous (working) funds

Accounts receivable:Accrued interest on bond investmentsDue from discontinued depository banks..Due from late postmasters

- $127,836,750.28

7,459,986.921,449,971.26

287,004.0115.22

40,496.00

Investments, carried at cost price:United States bonds— Par value

Postal savings 2^'s $11,147,620Fourth Liberty 4&'s. 16,676,750

27,824,370

11,147,620.0014,516,329.13

Accounts payable: Due Postal Service—interest and profits

Total liabilities _Surplus funds: Interest and profits (undistributed earnings) subject to future

allocation of maturing interest charges __

8,909,958.18

327,515.23

25,663,949.13

162,738,172.82

LIABILITIES AND SUBPLTJS FUNDSDue depositors:

Outstanding principal, represented by certificates of deposit . . . . I 153,644,529.00Accrued interest on certificates of deposit ! 4,353,571.05Outstanding savings stamps __ 57,438.50

158,055, 538. 554,446,745. 44

162,502,283.99

235,888.83

162,738,172.82

$118,492,184. 57567, 716.85

$119,059,901.42

6,444,665.561,314,002.28

369,003.6712,110.5754,450.95

10,624,260.0023,220,860.36

7,758,667.84

435, 565.19

13,845,120.36

161,099,254.81

152,143,349.004,128,936. 20

57,672.00156,329,957.20

4, 542, 592.99

160,872, 550.19

226,704.62

161,099,254.81

$8,999,078. 70

8,776,848.86

1,015,321.36135,968.98

1,151,290.34

523,360.00

1,638,918.01

1,501,180.00224,634.85

1, 725, 581.35

1,629,733.80

9,184.21

1, 638,918.01

c$222,229.84 £J

H3

O

81,999.66 H12,095.35 -13,954.95 g

108,049.96 ^

8,~7G4,~53T23 &8,181,171. 23 p

F

C• - ^

" 233.~50 ^

~95~847~55 fe|

O

W


Comparative statement of interest-earning resources and interest-bearing liabilities for June 80, 1929, and June 80, 1928

Items

RESOURCES—INTEREST EARNING

Working cash: Depository banks, per balance sheetInvestments, carried at cost price, per balance sheet

LIABILITIES—INTEREST BEARING

Due depositors: Outstanding principal, represented by certificates of deposit,per balance sheet

Excess of interest-bearing liabilities.

June 30,1929

$127,491,263.2725,663,949.13

$153,155,212.40

153,644, 529.00

489,316.60

June 30,1928

$118,492,184. 5733,845,120.36

$152,337,304.93

152,143,349.00

-193,955.93

Increase

$8,999,078. 70

817,907.47

1,501,180.00

683,272.53

Decrease

$8,181,171.23

Comparative statement of interest and profits for the fiscal years ended June 80, 1929, and June 80, 1928

o

w

fei

o

Items

Credits:Interest on bank depositsInterest on bond investmentsMiscellaneous receiptsProfit realized on sale of in vestments.

Debits:Interest credited to depositorsAllowances to postmasters-

Losses by fire, burglary, etc -Erroneous payments, uncollectible items, etc..

Miscellaneous JossesFinal adjustment, previous year

Excess of income.

Fiscal year, 1929

$3,192,466.59988,148,26

264.631,473,593.77

2,765,008.10

-252.403,545.00

193.349,184.21

$5,654,473.25 |

2,777,678. 25

2,876,795.00

Fiscal year, 1928

$2,915,849.051,395,969.47

18.21

2,720,896.47

-1,013.56853.92

21,~l49.~46

$4,311,836. 73

2,741,886.29

1,569,950. 44

Increase

$276,617. 54

246.421,473,593. 771,342,636. 52

44, 111. 63

761.162,691.08

193.34

85,791.96

1,306,844.56

Decrease

$407,821.21

11,965.25

3OF

o


Summary of postal-savings business for the fiscal year ended June SO, 1929, by States

StatesBalance to

the credit ofdepositors

June 30,1928Deposits * Withdrawals

Balance tothe credit ofdepositors

June 30,1929

Increase inbalances tothe credit ofdepositorsa

Savings stamps

Sold Re-deemed

Amount atinterest in

banksJune 30,1929

Interest re-ceived from

banksInterest paid

depositors

Amountof depos-its sur-

renderedfor bonds

United States..

AlabamaAlaskaArizonaArkansasCalifornia.ColoradoConnecticutDelawareDistrict of Columbia.FloridaGeorgiaHawaiiIdahoIllinois-IndianaIowa__Kansas .KentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraska.Nevada _._New HampshireNew Jersey..LNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvania

$152,143,349 $115,901,304 $114,400,124 $153, 644, 529

355,135704,365

1,281, 970597,295

3,165,2543,880,4361,256,961

106,154361,247

6,038,1351,288,862

21,5052,757,0626,861,2111,134,8888.324,5473,288,258

267,197384,277132, 655152, 011

6,407,3552,114,2897.375,548

117,4135,183,1996, 294,396

719,324361,868340,257

1,543,37532,223,493

389,8301,635, 7473,042, 2095,014,0723,356,3919,400,371

297, 416415, 340

1,281,439567,668

2,881,6922,806,550

681,72754,366

301,54210,819,0592,233,853

24,9572,286, 2363,714,6971,211,9896, 024, 3692, 656,101

188, 215255,875

62,48895,814

3,430,1901,433,5255,655,416

62,5883,818,7294,376,4351,363, 718

342,769126,032

1,751,7361,230, 249

19,450,316534, 217

1,686,6381,726,4104,828, 7213,164,9714,647,712

324,103432,033

1,192,720490,932

2,933,3722,836,649

820,52861,318

294,2288,957,9651,526, 080

2,429,4483,992,962

836,9706,099, 5702, 380, 568

220, 551277,47982,756

130,3983,645,9461,452,1924,789,427

70,4063,736, 5024,489,539

739,339313,942

2,034,9991,235,221

23,579,926381,645

1,166,1081,796,2614,235,9172, 718,6265,534,420

328,448687.672

1,370,689674,031

3,113,5743,850,3371,118,160

99,202368,561

7,899,2291,996,635

19, 9792, 613,8506, 582,9461, 509,9078,249,3463,563, 791

234,861362.673112,387117,427

6,190,5992,095,6228,241,537

109, 5955,265,4266,181,2921,343, 703

390, 695299, 691

2,102, 7661, 538,403

28,093, 883542,402

2,156, 2772,972,3585, 606,8763,802,7368,513,663

$1,501,180

- 2 6 , 687-16 ,693

88,71976,736

-51 ,680-30 ,099

-138,801- 6 , 9 5 2

7,3141,861,094

707, 773- 1 , 526

- 1 4 3 , 212- 2 7 8 , 265

375,019-75 ,201275,533

-32 ,336-21 ,604-20 ,268-34 ,584

-216 , 756-18 ,667

- 7 , 8 1 882,227

-113,104624, 37928,827

-40 ,566-283,263

- 4 , 9 7 2-4,129, 610

152, 572520, 530

- 6 9 , 8 5 1592,804446,345

$27, 529. 50 $27,763.00

4.60.50

39.803.00

279. 00202.50821. 40

10.60124.50219. 50102.50

7.0073.00

646.0074.2053.80

219. 2091.1017.1027.9051.20

952. 70148.60277.00

19.40136.4075.8086.20

2.10135. 70

1, 628. 7010. 50

5, 257.4018.3026.60

286.80146.20165. 80

1,360.10

7.001.00

46.0012.00

290.00206.00840.0013.00

124. 00185. 0086.00

3.0066.00

1,049. 0077.0049.00

218.0067.004.00

44.0043.00

1,059. 00146.00258.00

21.00118.0062.0076.002.00

138.001, 713.00

3.005,188.00

22.0033.00

265.00148.00137.00

1,362.00

$127,639, 412. 52 $3,192,466. 59 $2, 540,373.25

276, 029. 28530,015. 62

1,118,461. 34653,993. 39

2, 305, 780. 26

903,267.1073, 704. 95

332,709. 547,549,434. 791,896,206.81

19,346.912,177,037.114.980,659.941,350,676.807,960,841.093.373,971.95

189,835. 44304,662. 38

95,891. 6694, 501. 70

4, 494,460.451, 620,120.01

102, 611.484,891,433.696,058, 053.071, 218,310.31

306,234.87251, 695.66

1,536,466.931,135,392.37

19,121,914.16472,940.04

2,028,721.072,457, 305. 785,396, 532.053,382, 231.456,456,348.49

7,347.3213,676.8727.401.1415,357. 0061, 254. 6082,033.0621,052. 57

1, 796.928,357.37

158,338. 0740,719.12

497.1657,418.12

128,891. 2829,309. 31

207,051. 9982,467. 93

5,060. 927,699.172,631. 422, 287.41

115, 071. 0541,004.70

195, 797.402, 738.97

124, 579.38157,149.9522,575. 78

7,478.235,744.41

41, 630.2428.784.15

518,372.269,912.90

45,775.3760, 745. 37

133, 098. 5180,914.11

170,124.44

5,973. 3112,940. 9919,254. 25

7,833. 2653,471.5063,309.8822,036.49

1, 558.085,082.22

68,417. 2318,801. 38

195. 6141,104. 52

122, 649. 9118,172.14

119, 299.1446, 913. 77

5,538. 096,801. 342,230. 383,873. 06

112,113. 0738,654. 57

107,010. 741,725.83

79,618.3093,580.4110,564.055,983.095,394. 69

48,612.3721, 559.96

666,446.334,837.08

20,494.1251,245.5970,127. 2750,993.70

168.741.88

$2,074,800

1,50014,02032,50034,200

14,16066,96010,980

11,72044, 02081,460

298,360160,820

402,400

1,02030,000

226,7005,000

92,520137,900

41, 9805,000

20016,86012, 3209,960

23,700152,06080,10078,44041,160


Porto Rico „Rhode IslandSouth CarolinaSouth DakotaTennessee ...Texas „U t a h . . . .VermontVirginia. J^_-Virgin Islands __ .V.WashingtonWest Virginia _Wisconsin... __Wyoming

153,072490,001

1,279,3774,088,073

487,4573,735,456

626, 60463,992

219,4639,486

6,874,064495, 582

1,399,6571,956,474

209,839250,671

1,357,6023,376,275

579,2343,547, 554

399,86231,801

254,69729,657

4,406,778681,215832,220

1,452,134

221,394318,087

1,109,6643,062,856

459,7353,054,734

410,49741,551

219,80416,392

4,433,877317,503780,376

1,518,527

141, 517 [422,585

1,527,315 I4,401,492

606,9564,228, 276

615,96954,242

254,35622,751

6,846,965857,874

1,447,4461,895, 556

-11,555-67,416247,938313,419119,499492,820

-10,635-9,75034,89313,265

-27,099362,29247,789

-60,918

1 These totals include the amount of $3,454,892 transferred between depository offices,s A minus sign (—) denotes decrease.

12,803.00257.9017.3088.5023.80146.50

.601.5065.10.40

104.2036.8080.30100.90

12,769.00225.0013.0071.0028.00161.001.001.0037.00

96.0032.0052.0096.00

132,486.48302,033.51

1,358,720.573,808,025.20

558,183.643, 606,163.96

455,897.1250,167.92

193,646.05

5,506, 222.56643,979.98

1,226,874.061,413,983.92

3,279.188,325.05

32,406.2392,495.0114,805.5484,661.4011,504.931,427.284,560.36

139,841.8311,239.9630,002. 7535, 771.10

2,490.648,999.22

17,288. 6556,060.398,037.69

52,939.5910,421.081,331.983,652. 57

166.80116,740.63

7,310.8323,412. 7828,360.80

2,50017,70041,00023,42091,740

T026 H

27,-766 23,800 g

13,640 ^31,140 Q

I3

o



SCHOOL SAVINGS BANKING

Statistics relative to school savings banks in the various States andthe District of Columbia for the school years ended 1928 and 1929,with comparative yearly totals beginning with the school year ended1920, are shown in the following table:

School savings by States, 1927-28 and 1928-29[Compiled by the Savings Bank Division of the American Bankers Association]

States

1927-28 1928-29

AlabamaArizonaArkansasCaliforniaColoradoC onnecticutDelawareDistrict of Co-

lumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaine..MarylandMassachusetts..MichiganMinnesota.MississippiMissouriMontana.. _.NebraskaNevada ,New Hampshire.New JerseyNew YorkNorth Carolina..Ohio...OklahomaOregonPennsylvaniaRhode Island . . .South Dakota-TennesseeTexasUtahVermontVirginiaWashingtonWest Virginia-WisconsinWyoming

Total.

Number ofschools

25651

5831

103

533291

. 223| 72' 114

288105956440532

• 8140

1

57631

1,35837

75465

1122,187

3265594

101181883

266169

7330

72,463

2870563

5035983611

513287203

785516

374120

1,130909

1,4318

1418

512

91747

1,315H-•70816

69121

2,054328

5769

125183189

26292

3171

Number par-ticipating

1927-28 1928-29

34,325

2,130334,0784,764

104,80620,759

6,43616,13439,486

149,18489,34160,28610,32825, 739

37, 72611,0562,124

578126,896

31, 694

5,53817,33553, 534

24,86742,885

198, 409135,002162,892

1,98553,1643,077

27, 5951289

3,559205,122861, 453

16,984236, 380

17,92659,674

569,122102, 265

14,07937,00226,129

6,2031623

34,007122,95942,99275, 797

138,97981,20466, 99134,9059,4331,319

30,07560", 531217,337148,125155, 2752,4918,4743,26428,083

1045, 588

228,855878,40028,861

321, 52924,06367,117550, 002106,88612,18131,92538,4618,3504,21334,024123,08019,58783,788

395

Deposits

1927-28

$133,840.39

8,110. 221,341,038. 37

817, 395. 42213,889. 35

58,644.1985,844.89181,149.19

1,208,831.34670,026.16430,394.04179,200.82257,294. 58

118,486. 70146, 248. 65

1,462,451.83833,481.38676,864. 8022,080. 00349,363. 6017, 788. 75

242,094.42551.19

15,169. 921, 733,865. 514,480,045. 91

60, 649. 541,821,075.78

106, 682. 61320,465.49

4,386, 564. 32987,982.4295,406.48203,235.59245, 554.4725,461.148, 505.47

200, 090.241,004, 532. 69227,130.01627, 650.17

13,83515,597^ 3,980,237 4,222,935 26,005,138.04 28,672,496.00 9,476,391.3210,539,928.46

1928-29

$190,095. 0762,610.148,976. 62

1,761, 277. 5613,206. 60

1, 032,170. 94216, 645.33

50, 409. 3080,452.19185,962.3611, 768.805,365. 89

1,977,470. 94706,824. 74444, 227.80222,404. 5257, 793.9114,451.16150,014. 00299,144. 56

1,479,423. 54959, 243.44699,360. 7511, 593.82

379, 504.1129, 655.18209,614. 27

496.5427,465. 55

2, 094, 937. 23

95; 383. 771,997, 634. 52121,062.02359, 708. 21

4, 313, 716. 43995,271.11108,185. 76194,450.76260,451. 0729,644.879,959. 94

210,231.42909,833. 70110,485.72731,204. 651,000.00

Net savings

1927-28

$101,804.38

1,519.38800,108.78

433,517.0439,653. 51

58, 644.1919, 632. 6429,187.93

170, 553.11130, 330. 7484,176. 6757, 701. 90164,806.24

841,605.19 2,868,216.

83,340. 05111, 318.87711,959.18187, 535.33201,648. 7319, 715. 30100,686. 238,383.4227,676. 27

233.817, 561. 92

589, 718. 23368,216. 9413, 947. 69

478,813. 5369, 798.40110,754.83897, 632. 78129,261.1144,324.6825,157. 51199,886.0012,951.377,250.12

133, 284. 92269,625.3481,066.3193,005.94

1928-29

$86,018.4741,443. 63

474.31976, 632.117,223. 63

472, 308. 2510, 583.16

50,409.301,405.32

39,352.4811, 768.805,365.89

935,817.78172,320.0072, 508. 5152,957.8212,187.155,733.07

92, 977. 06169,472.84809,034. 92244, 513. 44324,232. 233,617. 3775,410. 7729,655.1841,177.81

168.7717,387. 23693,070.09

2,917, Oil. 8533,963. 50502,324, 61107,415.8299,907. 06

817,034.1175, 061.9937,838.9026,032.14159,629. 7712,100.948,692.04

137,493.33109,551.0328,729.60125,562.64

800.00

TOTAL, UNITED STATES

Numberof schools

Numberpartici-pating

Deposits Net savings

1928-29.1927-281926-27.1925-26.1924-25.1923-24.1922-23.1921-22.1920-21.1919-20.

15, 597^!13,83512, 67811,37110,1639,—

4,7853,3162,736

4, 222, 9353,980, 2373, 742, 5513,403, 7462,869,4972,236,3261,907,8511,295, 607802,906462, 651

$28, 672,496. 0026,005,138.0423, 703,436.8020,469,960. 8816,961,560.7214,991, 535.4010,631,838. 695, 775,122.324,158,050.152,800,301.18

$10, 539,928.469,476,391. 329,464,178. 938, 770,731.057,779,992.558,556,991.27


REPORT OF THE COMPTROLLER OF THE CURRENCY 1 4 9

SAVINGS BANKS IN PRINCIPAL COUNTRIES OF THE WORLD

Statistics compiled by the finance and investment division of theBureau of Foreign and Domestic Commerce, Department of Com-merce, relative to savings banks, including postal-savings banks, inthe principal countries of the world, on specified dates, supplementedby information obtained from reports received in the currency bureaufrom other sources, are shown in the statement following:


Savings banks, including postal-savings banks, number of depositors and amount of deposits, by specified countriesOxO

os

oo

I

Country Population1Numberof banks jreporting

Date of report Form of savings bank Number ofdepositors Deposits *

Argentina

Australia

Austria -Belgium. _BoliviaBrazilBulgariaCanadaChile

China _ColombiaCosta RicaCuba.CzechoslovakiaDanzigDenmarkEcuador. _

Egypt

EstoniaFederated Malay States-FinlandFranceGermanyGreece,.-Guatemala „Honduras.-.*HungaryIndiaItaly '.

JapanLatviaLithuaniaMexico

10,647,000

6,235,000

6,700,0007,932,0002,599,000

40,543,0005,597,0009, 519,0004,025,000

442,000,0007, 283,000472,000

3, 568, 00014, 388,000

386,0003,475,0002,000,000

14,169,000

1,115, 0001, 404, 0003, 558, 000

40,960, 00062,592,0006,825,0002,454,000740,000

8, 522,000318,942,000

40,799,000

83,458,000

1,870,0002, 286,000

15,000,000

Dec. 31,1928Mar. 31,1929

MayJuneMar.JuneJan.Dec.JuneMayDec.

31,192930,192931,192930,19291,1926

31,192430,192931,192931,1928

Dec. 31,1926

Dec.Jan.Dec.MayDec.JuneJan.(May

- .-[JDec,iDec.Dec.Dec.JuneMar.JuneDec.Jan.Dec.MayMar.

31,19281,1926

31,1928

Commercial, governmental, mortgage, and postal _Savings banks (includes savings bank department of Common-

wealth Bank).State savings banksCommonwealth savings banksPostal and savings banksSavings banksCommercial and mortgageFederal4

Postal savings banksGovernment and postal savings _Commercial, national savings banks, savings bank of public em-

ployees, savings banks of the railroad employees, and savingsdepartment of the Caja de Credito Popular.

Post-office savings bankCommercial and mortgageGovernmental

8,465785,796

51,6959,699

827

12

100

"504

31,192930.192830.19291,1926

31,192931.192731.19281,1928

31,192630.192930,192930,192930,19281,1926

31.192831.192931,1928

Savings banksdo _do-

Private and trusteePost-office and commercial banks.Post-office savings banks.__

.do..

7,494

May 31,1929r do.[ doDec. 31,1927Jan. 1,1926

Governmental-_ _Government savings. __Postal, savings, cooperative _Savings banks

Postal savings banks...Communal, commercial, and privateI0—CommercialPostal savings banksPost-office savings banks

/Postal _-.\Others_Savings banksPostal-savings banksPostal, governmental, municipal, private, and commercial..Governmental, private, and mutual(»)

338,397353,487

2,071

"*2,"606,"000'

$763,123,650£216,300,000

£168,898,691£48,124,152$219,700,000651,700,0001,441,839

48,212,2604,341,600

1,486,454,40031,006,185

«8,096,11831,774,2557,511,629

25,316t 45,324,818524,070,0007,797,000

532, 798,000309,930

£E3,900,0008£E2,063,050

£E2,213, 666$16, 523, 7009 3,616, 790

107, 575,000399,600,000

1,965, 600,0003,322,700

» 1,772,447873,322

95,091,00012 326,668,000

700,024,000571,532,000

13 1,326,519,000ti 1,918,195,000

$24,318,0004,126,057

3o4


Netherlands...

New Zealand...v Nicaraguaco North Ireland *6_-.© Norway§ Palestine0 Panama1 Peru

03 Poland..o Portugal

SalvadorI Siami South Africa

£ Spain____ _.SwedenSwitzerlandUruguayUnited Kingdom..

Foreign countries, total...United States and possessions..Philippines

Grand total..

7,626,000

1,450,000

650,0001, 256, 0002, 789, 000

852,000500,000

5, 500, 00029, 589, 000

6,185,0001, 680, 000\ 939, 0007, 659, 000

22,128, 0006,088, 0003,959, 0001,720, 000

45, 435, 000

1, 327,068,000

121,598,000

11,250,000

1,459,916,000

Apr . 30,1929

/ M a r . 31,1928\ M a r . 31,1929J u n e 30,1929

33

(20)

i 1,3581

2,055

June 30,1929Jan. 1,1926

.do.Dec. 31,1927Mar. 31,1929Jan, 1,1926

Mar. 31,1927June 30,1929Mar. 31,1929

do.June 30,1929Dec. 31,1927June 30,1929

June 29,1929

/Postal(OthersPrivate savings banksPost office and savings banks......do

Savings banks „CommercialFederal and commercial _.Savings and commercial...-Postal-savings banks ..Postal, governmental, private, and commercial1

(18)Treasury-savings bankPostal-savings banks _

do -.._.do..

Cantonal banksGovernmentalSavings, postal, trustee savings..

42,386,212/Postal-savings system _....| 416,584\Mutual and stock . i 14,043,614Postal—. ! 310,001

166,694"804,725

5,65183,642

13,649

57,156, 411

136,000,00098,000,000£7,657,407

£48,644,217£57,700,000

$491,302,00012,350,0003,047,5595,381,655

91,596,80036,291,185

i» 2,266,64332,495,00035,427,000

830,615,300331,008,00041,548,343

1,778,980,000

153,644,52910,451, 597,000

4,016,767

1 Source: Commerce Yearbook, 1928, Vol. II—Foreign Countries, pp. 678-679.2 For Latin American countries, conversions have been made at the average rate for the year covered by the report; in the case of European countries, conversions have been

made at the average rate for the month given as the date of the report.3 Including the Hobart and Launceston trustee institutions.4 Commercial banks may accept savings deposits only on special authorization,s Yuan; "Big dollar" accounts.8 "Small coin" accounts.7 One bank not reporting.6 Not including 1927 dividends.• Figures given in Straits Settlement dollars.10 In addition, 5,660 time depositors.» In addition, $1,983,680 in time deposits.12 Rupees.J3 Yen" There are no savings banks in Mexico. An amendment to the banking law in August, 1928, permitted certain types of banks to open savings departments. Postal savings

inaugurated in February, 1928, figures not available.i« 1928.*6 Deposits included with the United Kingdom.17 Includes only 22 private banks and 9 commercial banks.18 No savings banks in Salvador.is Ticals.20 Figures cover only the Bank of the Republic and its dependency, the National Savings Bank and discount department.** Refers to mutual and stock savings banks only.

O

iio

3o



RESOURCES OF LEADING FOREIGN BANKS OF ISSUE

The total resources of 39 foreign banks of issue converted at the exist-ing rate of exchange on or about June 30, 1929, were $17,896,953,000.Total resources of 34 foreign banks of issue on or about June 30, 1929*were $16,913,081,000 in comparison with resources of $15,534,420,000reported by the same foreign banks on or about June 30, 1928.

The statement below, prepared by the Federal Eeserve Board,shows with reference to the 39 banks of issue, the eountry of eachbank, the date of the bank's statement, and its total assets in localcurrency and in dollars at the current rate of exchange.

Total assets of principal banks of issue about June SO, 1929

(In thousands of local currency and of dollars)

Country Date Local currency

AustriaBelgium. „Bulgaria - „___CzechoslovakiaDanzigDenmarkEgyptEngland „ „Estonia— „.Finland „ _France. _Germany,GreeceHungary _Italy;

June 30June 20June 30

do.June 29

...doJune 30June 26June 30June 29June 28June 29June 30

—do—.,do.

LithuaniaNetherlands.NorwayPolandPortugalRumaniaRussiaSpainSweden-

Latvia. _ .1 June 26June 30July 1June 29June 30June 26June 30July 1June 28June 29

...doSwitzerland „ „__„Yugoslavia... I June 30Chile _„__ I __do.__.Colombia „___ L__doPeru . . . L__do..._Uruguay.Japan.Java-South Africa-

Total for 34 banksAlbania. _Australia _ _BrazilEcuadorMexico ___.

Total for 39 banks-

July 31June 29

do.June 28

June 30July 1June 29June 30

...do

Schilling.Belga...LevCrown..Gulden.Krone:...Egyptian poundPoundKroon.MarkkaFrancReichsmark.Drachma....Pengo...Lira.Lat._LitaFlorin....,KroneZlotyEscudb..LeuChervonetzPeseta__KronaFrancDinar.Peso

d o . . .LibraPeso..YenFlorinPound

Total assets»of the bankof issue inlocal cur-

rency

Rate ofexchange:

into dollarson given

date

1,389,2482,701, 5239, 368,133

58, 393472, 29964,710

3 508,98361, 518

2, 774,49884, 704,4596, 418, 795

10,148,770717,507

22, 756,263254,333180,806912,492490,838

2, 206, 2024,150, 462

30, 379,188475, 568

6, 095, 203878, 703

1,063, 5978, 504, 582

643,03673, 3897,526

197,4162, 327, 555

381, 66618,862

Franc jPound 'Milreis '•Sucre iPeso —|

85,11483,878

4,122, 71355, 099

126, 540

0.140509.138802.007227. 029609

a . 194661. 206355

4. 9724614. 8477942 .267990

. 025135

. 039146

. 238315

. 012922

. 174268

.0523282.1929502.10000

. 401503

. 266438

.111855

. 044860

.0059345.1500

. 141500

. 192419

. 017567

. 120388

.9662004. 00000

. 988789

. 437016

. 4005004.849402

Totalassets l ofthe bank of

issue indollars

192,392374,97767,703

259,03711, 367

125, 799321, 768

3 2, 467,44516, 48669, 737

3,315,8411,529,695

131,142125,039

1,190, 79049,07418,081

366, 368130, 778246, 775186,190180, 270

2,449,175862,471235, 491204, 656149, 40077,41470,90830,104

195, 2031,017,179

152, 85791,469

2.192954.848885. 118618.2000. 479580

16, 913,08116,423

406, 715489,02811,020

17,896,953

i In the compilation of total assets certain contra accounts have been omitted.s Par of exchange, as no quotation for date given is available.' The increase of total assets of the Bank of England from £283,684,000 ($1,383,189,000) on June 27,1928, to

£508,983,000 ($2,467,445,000) on June 26,1929, is largely due to the amalgamation of the Government currencynote accounts with those of the Bank of England on November 22,1928. See Federal Reserve Bulletin forDecember, 1928, p. 847.



EXPENSES OF THE CURRENCY BUREAU

By reference to the table following, showing in detail expensesrelating to the maintenance of the Currency Bureau for the fiscalyear ended June 30, 1929, it will be noted that the aggregate expenseswere $6,331,765.07, of which $1,177,718.87 was paid from appropria-tions and $5,154,046.20 reimbursements by the banks. The salaryrolls aggregated $533,201.89, of which $250,126.34 was paid fromappropriations and the remainder from funds reimbursed by the banks.

Taxes paid by national banks on circulating notes issued amountedto $3,441,152.95, Deducting from this amount the expenses of thebureau paid from congressional appropriations, $1,177,718.87, leavesthe net income to the Government on account of the tax on circulationat $2,263,434.08.

Expenses incident to maintenance of Currency Bureau and net income derived byGovernment from taxes on national-hank notes, fiscal year ended June SO, 1929

Salaries:Regular roll, including retirement deductionsNational currency reimbursable roll, including retirement

deductions _Federal reserve issue and redemption division, including

retirement deductionsInsolvent national-bank division, including retirement

deductions.Total salaries „

General expenses:Printing and binding _Stationery _Amount expended for light, heat, telephone, telegraph,

furniture, labor-saving machines, etc., partially esti-mated _ „ .

Special examination of national banks, repairs to macer-ator, etc _

Total general expenses _ _ „...Currency issues:

National-bank notes-Paper... .Printing, etc..Plates (reimbursed)

Federal reserve notes—PaperPlates, printing, etc..

Total currency issuesExpenses on account of national-bank examining service paid

by banks _ -----Postage on shipments of national-bank notesPostage on shipments of Federal reserve notesInsurance on shipments of national-bank notes „Insurance on shipments of Federal-reserve notes

Total expenses paid from appropriations..Total expenses reimbursed by banksTotal expenses..

Expensespaid from ap-propriation

$250,126.34

23, 7G4. 886, 712.82

3,329. 73

802.10

112. 083. 00780, 900. 00

1,177, 718.87

Expenses re-imbursed by

banks

$51, 540.11

50,663.98

180,871.46

4, 609. 082, 062.92

4, 254. 60

35,028.00

341, 927. 001, 767, 262. 00

2, 409, 858.4783, 323.99

115, 257.1018,954.8988,432. 60

5,154, 046. 20

Total ex-penses

$533, 201.89

45, 536.13

3, 037, 200. 00

2, 409, 858. 4783, 323. 99

115, 257.1018, 954.8988, 432. 60

I6,331, 765.07

Tax paid by national banks on circulating notesTotal expenses of Currency Bureau paid from congressional appropriations-,

$3,441,152. 95, 1,177,718.87

Net income to Government from taxes on circulation 2,263,434.08

Respectfully submitted.J. W. POLE,

Comptroller of the Currency.

To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.


APPENDIX

155


DIGEST OF DECISIONS BELATING TO NATIONAL BAMS

THE FOLLOWING FEDERAL CASES WERE REPORTED IN VOLUME136 U. S. (1 CASE) VOLUME 277 U. S., VOLUMES 29 TO 33 FEDERALREPORTER, SECOND SERIES WITH ONE CASE FROM VOLUME 164 N. E.REPORTS AND ONE FROM 233 N. Y. SUP.

IN ADDITION TO THE CASES REFERRED TO THERE HAVE BEENADDED REFERENCES TO A NUMBER OF DECISIONS OF STATE COURTSAND A FEW FEDERAL DECISIONS OF PARTICULAR INTEREST TOBANKS, FOR THE PERIOD FROM NOVEMBER 1, 1928, TO OCTOBER 15,1929, WHICH WERE FURNISHED THIS OFFICE BY MR. THOMAS B.PATON, THE GENERAL COUNSEL FOR THE AMERICAN BANKERS ASSO-CIATION.

AFFILIATED CORPORATIONCROSS REFERENCE:

DIVIDENDS— PageDIVIDEND DECLARED FOR THE PURPOSE OF ORGANIZING AN

AFFILIATED CORPORATION 166

BRANCH BANKS

BRANCH BANKS IN UNITED STATES 157BRANCH BANKS IN FOREIGN COUNTRIES * 157CROSS REFERENCES:

FOREIGN BANKING CORPORATIONS 168EXCHANGE 167

BRANCH BANKS IN UNITED STATES

Foreign national hank maintaining in State, office soliciting business and gatheringinformation, held not "doing business" therein and not subject to State court'sjurisdiction nor suable by nonresident {12 U. S. C. A. sec. 2J+, subd. 7; GeneralCorporation Law, sec. ^7),

(City Court of N. Y. 1929.) National bank having its principal place ofbusiness in California, and whose main business under 12 U. S. C. A.,section 24, subdivision 7, was discounting and negotiating of commercialpaper; receiving deposits, buying and selling of exchange, coin, and bullion,loaning money on personal security, and obtaining, issuing, and circulat-ing of notes, none of which functions were performed by it in Newr York,where it maintained office, solicited business, and gathered information,held "not doing business" in New York so as to be subject to service ofprocess on its vice president in charge of New York office nor subject tosuit by nonresident under General Corporation Law, section 47. (Raiolav. Los Angeles First Nat. Trust & Savings Bank, 233 N. Y. S. 301.)

BRANCH BANKS IN FOREIGN COUNTRIES

Mere bookkeeping entry of bank does not constitute "payment."(N. Y. App. 1928.) While entry upon books of bank in many cases may

evidence completed transaction or transfer and thus constitute "payment/'mere bookkeeping entry itself is not payment. (Sokolofr* v. National CityBank of New York, 250 N. Y., 69; 164 N. E., 745.)

Action—Court must look through forms of business transactions to determine exactfacts involved.

(N. Y. App. 1928.) Court must look through the form of transactions andbusiness communications to determine the exact facts involved. (Ib.)

157



Order of defendant7s Russian bank to Russian State Bank to debit its account trans-ferring credit to third party and bookkeeping entry debiting depositor's accountheld not "payment," where order was not carried out and defendant sought tocountermand.

(N. Y. App. 1928.) Order of defendant's Russian bank to Russian StateBank to transfer certain sum in rubles to credit of third party, debitingdefendant's account, which order was communicated in accordance withdepositor's request, and was accompanied by bookkeeping entry by whichdepositor's account was debited, held not to constitute payment bydefendant's branch bank, where credit was never established and moneynever transferred, and defendant's branch bank countermanded its orderdb.)

Defendant's Russian bank, whose order on Russian State Bank to transfer credit tothird party, following depositor's orders, was not carried out, should notify deposi-tor that account was replenished.

(N. Y. App. 1928.) Where defendant's Russian bank, in accordance withdepositor's instructions, ordered Russian State Bank to transfer credit toaccount, of third party, debiting defendant bank, and order was not car-ried out and transfer of credit never made, defendant b?aik was underduty to explain the matter to its depositor, who made subsequent demandsfor payment, and should have notified depositor of situation. (Ib.)

Contracts—Allowance must be made, in connection with requirements of perform-ance of contracts, for local conditions created by revolution.

(N. Y. App. 1928.) In determining rights and liabilities under contract,proper allowance must be made for turbulent and confused conditionsfollowing revolution, with respect to requirements of performance. (Ib.)

Failure of depositor to make demand on defendant''s Russian bank for payment ofdeposit, immediately prior to commencing suit, held not fatal, where revolutionintervened in which bank was taken over by Soviet Government.

(N. Y. App. 1928.) Failure of depositor to make demand on defendant'sRussian bank before commencement of suit to recover amount of depositheld not to preclude recovery, where depositor, after having orderedtransfer of credit, had made repeated demands, which were refused onaccount of the attempted transfer, and where revolution intervened, inwhich bank was taken over by Soviet Government, and where bank hadfailed to notify depositor that his account had been replenished by failureof State bank to transfer credit to third party as directed. (Ib.)

Bank is not in default as to depositor until it refuses to pay account on demand.(N. Y. App. 1928.) There is implied contract on part of bank to keep

deposit until called for, and bank is not in default except on refusal topay amount of account on demand. (Ib.)

Depositor need not demand payment of deposit, as condition to suit against bank,where demand would be futile.

(N. Y. App. 1928.) Where bank has disclaimed liability for deposit, or forany other reason demand would be futile, demand need not be made foramount thereof as condition of suit against bank. (Ib.)

Cessation of business operations is breach of bank's contract to pay money depositedon demand.

(N. Y. App. 1928.) When bank ceases to do business, with result that de-positor who desires to withdraw his money can not make demand andcan not draw upon his account, bank's contract to pay amount of depositon demand is broken. (Ib.)

Breach of contract with depositor by cessation of operations of defendant's Russianbank held not excused, for impossibility of performance, by fact that bank wasseized by Soviet Government.

(N. Y. App. 1928.) Breach of contract of defendant's Russian bank withdepositor, resulting from cessation of business which precluded demandand withdrawal by depositor, held not excused, on ground of impossibilityof performance, by fact that the breach was not willful and that the prop-erty of the bank was seized by Soviet Government, since seizure andnationalization of banks in Russia was not an act of government, onaccount of failure of United States to recognize Soviet Government. (Ib.)



Depositor's damages against defendant bank for breach of contract by Russian branchheld value of rubles on deposit at time bank ceased to function, measured in dollarsin place where remedy was sought.

(N. Y. App. 1928.) In action by depositor against defendant bank forbreach of contract by Russian branch thereof, which was taken over bySoviet Government, contract to pay money on demand was broken as ofdate when branch bank ceased to function, and measure of damages ofdepositor was value, as of that date, in Petrograd of rubles on deposit,measured in dollars in New York City, where remedy was sought. (Ib.)

Interest on deposit from time of bank's breach of contract with depositor held properlydetermined according to legal rate in place where depositor sought recovery.

(N. Y. App. 1928.) In action by depositor against bank for breach ofcontract by Russian branch thereof to hold deposit subject to demand,interest from time of defendant's breach of contract was properly allowedaccording to legal rate in place where recovery was sought, since arrange-ment between bank and depositor regarding interest ceased when contractwas breached. (Ib.)

Bank held not relieved from liability to depositor in defunct Russian branch thereoffor value of rubles deposited, by provisions of Russian Code.

(N. Y. App. 1928.) Bank conducting banking operations through Russianbranch held not relieved from duty to pay depositor value of rubles de-posited at time of breach of contract by Russian branch by cessation ofoperations, by Russian Code requiring that everf one shall be obligatedto compensate for damage and losses caused by his action or neglect,unless compelled thereto by law or by government, or necessary self-defense, or unavoidable circumstances. (Ib.)

COLLATERAL SECURITIES

CROSS REFERENCES: PageWAREHOUSEMEN : 210

Bills and notes—City bank reacquiring notes from country banks on maker's in-solvency, held holder or transferee with original rights restored.

(U. S. C. C. A. 1929.) Where city bank held notes secured by collateral,but had invested money of correspondent country banks in such notes,and on learning of maker's insolvency, with authority of country banks,took back notes with collateral and held them as its own, city bank heldto be holder or transferee of all notes, with original powers and rightsrestored to it, on reacquiring them. (Fidelity-Philadelphia Trust Co.et al. v. Philadelphia-Girard Nat. Bank. 33 Fed. Rep. (2d series) 649.)

Bankruptcy—Rights of city bank holding bankrupt's notes were not fixed underStale insolvency law by execution of assignment for creditors, so as to preventreacquisition of notes from country banks. (Act Pa. June 1+, 1901, P. L. 4@4>'Pa. St. 1920, sec. 710 et seq.; Bankr. act [11 U. S. C. A.].)

(U. S. C. C. A. 1929.) Rights of city bank, holding notes of insolventbroker secured by collateral, and of other creditors, did not become fixedthe instant broker executed deed of assignment for benefit of creditorsby force of act (Pa. June 4, 1901, P. L. 404; Pa. St. 1920, sec. 710 et seq.),so as to prevent city bank from reacquiring notes from country banks afternotice of insolvency, since insolvent, being broker, was subject to nationalbankruptcy act (11 U. S. C. A.), which suspended or superseded Stateact as to preferences, and acts of parties were not unlawful becausemade so by assignment at common law. (Ib.)

Bankruptcy—Insolvency established by assignment for creditors did not makeequity in pledged collateral trust fund for creditors.

(U. S. C. C. A. 1929.) Insolvency, when established and made known byassignment for benefit of creditors, did not fix rights of all creditors,including banks holding notes secured by collateral, and make all assets,including insolvent's equity in pledged collateral, trust fund for creditors.(Ib.)



Bankruptcy—Circuit Court of Appeals had jurisdiction of appeal taken October14 from order rendered September 17, on opinion handed down on August 29,directing allowance of claims as secured.

(U. S. C. C. A. 1929.) Where opinion of the district court, holding thatorder of referee in bankruptcy disallowing claims of petitioners as securedcreditors should be reversed, was handed down August 29, and order basedthereon was rendered September 17, appeal to Circuit Court of Appealsfrom such order taken on October 14, was timely, and gave latter courtjurisdiction of appeal. (Cory v. Hamilton National Bank et aL, 31 Fed.Rep. (2d series) 379.)

Corporations—Corporation's pledge of bonds as collateral for short-term notes in-dorsed by its president and held by banks controlled by him held not fraudulent.

(U. S. C. C. A. 1929.) Corporation's pledge of its bonds as collateralsecurity for its short-term notes held by banks controlled by its president,who had personally indorsed such notes, who was secured on his indorse-ment by mortgage on corporation's property, and who was thereuponreleased from liability on his indorsement, held not to establish actualfraud, nor constructive fraud, under Kentucky law, though at the timeits financial condition wras unsatisfactory, and though it subsequentlybecame a voluntary bankrupt. (Ib.)

Corporations—Insolvent corporation can not give security to director for preexistingdebt by way of preference.

(U. S. C. C. A. 192S0 Without regard to the 4-months' bankruptcy limita-tion, an insolvent corporation, knowing that it can not prosecute itsbusiness and without hope of recovering from its financial embarrass-ments, can not give security to a director for preexisting debt by way ofpreference. (Ib.)

Corporations—Corporation may give security to director for preexisting debt, inabsence of insolvency or intent to defraud or delay other creditors.

(U. S. C. C. A. 1929.) In absence of insolvency, or of intent to hinder ordelay its other creditors, corporation may lawfully, subject to 4-months'bankruptcy limitation, give security to a director for a preexisteng debt,even though in the end it does thereby effectuate a preference. (Ib.)

Corporations—Corporation's president and general manager held authorized topledge corporation's bonds for antecedent indebtedness; ilto fund an indebtedness.>f

(U. S. C. C. A. 1929.) Where corporation issued bonds to fund preexistingindebtedness exceeding authorized bond issue, primary purpose beingto obtain a better interest rate and an extension, president of corporation,who under by-laws was chief executive officer and general manager ofcompany, held authorized to pledge such bonds as collateral for such in-debtedness, though words " to fund an indebtedness" ordinarily connotesconversion of a heterogeneous floating indebtedness into a long termobligation. (Ib.)

Evidence—Parol evidence was admissible to show that directors authorized presidentto pledge corporation's bonds to secure antecedent indebtedness.

(U. S. C. C. A. 1929.) Parol evidence was admissible to show that directorsauthorized president to pledge corporation's bonds to secure antecedentindebtedness, if they could not be sold. (Ib.)

Corporation, by accepting benefit of its president's pledge of its bonds to secure itsantecedent debtsy with knowledge of facts, ratified pledge.

(U. S. C. C. A. 1929.) Pledge by corporation's president of corporation'sbonds for its antecedent debt, if not authorized in advance, was ratifiedwhen corporation, with knowledge of transactions, accepted benefit ofrenewals of such indebtedness, extended on sole security of pledged bonds,and continuously recognized validity of pledges, even as late as filing ofits schedules in bankruptcy. (Ib.)

Corporations—That corporation's president pledged bonds authorized to be soldheld not "diversion" thereof, where bonds proved unsalable.

(U. S. D. C. 1927.) That president of corporation pledged corporation'sbonds, authorized for purpose of sale to satisfy corporation's floatingindebtedness, to that extent, held not to constitute "diversion" thereof



from purpose for which issuance was authorized, where bonds proved tobe unsalable, except at a sacrifice, and possibly not even on that basis.(In re Federal Coal Co., 31 Fed. Rep. (2d series) 375.)

Corporations—Corporation's president held authorized, to pledge corporation'sbonds as collateral for its floating indebtedness, evidenced by short time paperindorsed' by him.

(U. S. D. C. 1927.) Where corporation issued its bonds for purpose ofsatisfying part of its floating indebtedness, most of which was due tobanks on short time paper, which, bore its president's personal indorse-ment, president being secured by unrecorded mortgage on corporation'srealty, held that president, who under by-laws was chief executive officerand general manager of company, had power to pledge bonds as collateralsecurity for such indebtedness when bonds proved unsalable. (Ib.)

Evidence—It ivas immaterial that corporation's minutes did not show president'sauthority to pledge bonds, parol evidence being admissible.

(U. S. D. C. 1927.) It was immaterial that corporation's minutes did notdisclose that authority had been given to its president to pledge corpora-tion's bonds as collateral security for corporation's floating indebtedness,but parol evidence was admissible to establish such fact. (Ib.)

Corporations—Corporation in financial difficulties held authorized to pledge itsbonds as collateral for floating indebtedness in absence of proof of insolvency,

(U. S. D. C. 1927.) Corporation held authorized to pledge its bonds ascollateral security for its floating indebtedness, in absence of evidencethat at time of pledge it was insolvent, where it was not so regarded byits principal owners, who were handling its affairs, and it was intendingand expecting to continue in business, though it was then in financialdifficulties. (Ib.)

Corporation's pledge of bonds as collateral for notes, indorsed by its president andheld by banks controlled by him, held not fraudulent.

(U. S. p . C. 1927.) In absence of showing of bad faith, corporation'spledge of its bonds as collateral security for its short term notes, heldby banks controlled by its president, who had personally indorsed suchnotes, who was secured on his indorsement by mortgage on corporation'sproperty, and who was thereupon released from liability on his indorse-ment, held not violative of Kentucky Statutes, section 1906, as beingfraudulent transfers, even though at time corporation's financial con-dition was unsatisfactory, but not hopeless, and though it subsequentlybecame a voluntary bankrupt. (Ib.)

COLLECTIONS

Bank receiving for collection and credit deposit certificate indorsed to it and creditingaccount of sender held not merely collection agent.

(U. S. C. C. A. 1929.) Where interest-bearing certificate of deposit was sentby one bank to another for collection and credit, indorsed to collectingbank, which immediately credited account of first bank with amount ofcertificate, including accrued interest, collecting bank, which became insol-vent, was not acting merely as collection agent. (Ashley State Bank ofAshley, N. Dak., v. City Nat. Bank of Bismarck, N. Dak., et al., 32 Fed.Rep. (2d series) 166.)

Insolvent bank's deposit balance in Federal reserve bank could be applied on checkssent through latter for collection, and accepted by former. {12 U. S. C. A., sees.248{m)r 860> 461-464; Federal reserve act, sees. 16, 19.)

(U. S. C. C. A. 1929.) Insolvent bank's reserve deposit balance in Federalreserve bank, in account maintained under Federal reserve act, section19 (12 U. S. C. A., sees. 461-464), could be applied on checks drawn oninsolvent bank, which Federal reserve bank had received for collectionunder clearance and collection system established under Federal reserveact, section 16 (12 U. S. C. A., sees. 248 (m), 360), where checks hadbeen forwarded to insolvent bank under agreement, and accepted by-such bank, and charged to accounts of drawers. (Federal ReserveBank of Richmond v. Early, 30 Fed. Rep. (2d series), 198.)



Reserve bank held unauthorized to set off against insolvent bank's stock liability bal-ance due on checks sent for collection. {12 U. S. C. A., sec. 288.)

(U. S. C. C. A. 19^9.) Federal reserve bank held not entitled to set offbalance due from insolvent bank on checks sent through reserve bank forcollection against insolvent bank's stock liability under 12 U. S. C. A.,section 288, notwithstanding that insolvent bank had accepted checkssent for collection and charged them to accounts of drawers, since de-mands, to be set off against each other, must be mutual, and reserve bankwas not owner of checks, but merely agent for collection. (Ib.)

CONSOLIDATIONS

CROSS REFERENCE:TAXATION— Page

TAXATION OF CONSOLIDATING BANKS 207

DEPOSITSGENERAL DEPOSITS 162APPLICATION OF DEPOSIT ON NOTE 162DEPOSIT OF TRUST FUNDS 163DEPOSIT OF STATE FUNDS 173DEPOSIT OF COUNTY FUNDS 164DEPOSIT OF CITY FUNDS 165CERTIFICATE OF DEPOSIT 166CROSS REFERENCES:

INSOLVENCY AND RECEIVERS—RIGHTS OF PERSONS MAKING DEPOSITS AFTER INSOLVENCY 172DEPOSIT OF STATE FUNDS 173SURETY ON BOND TO SECURE UNITED STATES DEPOSITS 174SURETY ON BOND TO SECURE STATE DEPOSITS 174SURETY ON BOND TO SECURE COUNTY DEPOSITS 175

OFFICERS—REPRESENTATION OF BANK BY OFFICERS—

LIABILITY OF BANK WHERE OFFICERS PARTICIPATED INSCHEME TO DEFRAUD DEPOSITOR 186

GENERAL DEPOSITS

Money deposited in bank becomes property of bank, and debtor and creditor relation-ship arises.

(U. S. D. C. 1928.) The general rule is that money deposited with a bankdoes not continue to be the property of depositor, but it becomes propertyof bank moment it is deposited, and depositor becomes creditor of the bank,and no trust exists in such cases. (Lebanon Iron Co. et al. v. Donnelly &Co. (Inc.), 29 Fed. Rep. (2d series) 411.)

APPLICATION OF DEPOSIT ON NOTE

Bankruptcy—Bank could apply bankrupt corporation1 s checking balance to indebted-ness on note, on basis company was insolvent, though debt was not due.- (Bankr.act, sec. 68a; 11 U. S. C. A., sec. 108 (a).

(11. S. C. C, A. 1929.) Bank held entitled to apply bankrupt corporation'schecking balance, accumulated in usual course of business, to its indebted-ness on recently renewed note, on learning that it was diverting insurancemoney, which it had promised to use for rebuilding its plant, to otherpurposes, upon basis that corporation was insolvent, though debt was notdue; right of set-off being preserved as to provable debts, whether due ornot, under bankruptcy act, section 68a, 11 U. S. C. A. section 108 (a).(Rupp. v. Commerce Guardian Trust & Savings Bank, 32 Fed. Rep. (2dseries) 234).

Bankruptcy—Bank could not apply on depositor's debts sums taken with such intentafter application of checking balance thereon.

(U. S. C. C. A. 1929.) Bank, applying balance of bankrupt corporation'schecking account on note to bank, held not entitled to apply to such noteand other notes sums subsequently offered for deposit, but taken withintention of so applying them, regardless of bankrupt's purpose. (Ib.)



Banks waived banker's liens on bankrupt's deposits by agreeing to transfer of depositsto credit of committee appointed to manage bankrupt's affairs.

(U. S. C. C. A. 1928.) Banks held not authorized to credit deposits on noteswhich they held against bankrupt, where, on creation of committee tomanage affairs of bankrupt company, deposits no longer remained subjectto check of company; banks having waived banker's liens by agreeing totransfer of deposits, notwithstanding bankruptcy act, section 68 (11 U. S.C. A., sec. 108). (First Nat. Bank of Waco et al. v. Sheehy in re SouthBros. Trunk Co. 29 Fed. Rep. (2d series) 400.)

Bank has right to apply deposit to payment of depositor's matured indebtedness to it.(U. S. D. C. 1928.) By virtue of the right of set-off, when depositor becomes

indebted to bank, and debt becomes due and payable, bank has right toapply any deposits to payment of depositor's indebtedness. (LebanonIron Co. et al. v. Donnelly & Co. (Inc.), 29 Fed. Rep. (2d series) 411.)

Bank held entitled to charge against receivers1 general deposit receivers' certificateheld by it at maturity thereof.

(U. S. D. C. 1928.) Where receivers in active conduct of corporation'sbusiness made general deposit in bank in which proceeds of business weredeposited, bank, on maturity of receivers' certificate held by it, had rightto charge certificate to receivers' account, in absence of any restriction incertificate taking it out of general rule. (Ib.)

Bankruptcy—Bank may offset its loan against insolvent borrower's deposit, eitherby bookkeeping entry or by accepting insolvent's check, without acquiring u prefer-ence."

(U. S. D. C. 1927.) Generally a bank may offset amount of its loan againstdeposit standing to credit of an insolvent borrower, and if, instead ofmaking a bookkeeping entry to show offset, bank accepts insolvent'scheck against his own account in payment of the loan, such mere changein form does not make transaction a " preference." (Murray v. Corn Ex-change Bank, 31 Fed. Rep. (2d. series) 373). (Affirmed by" U. S. C. C. A.(no opinion rendered) in 31 Fed Rep. (2d series) 375.)

Bankruptcy—Bankrupt's payment of notes held by bank with checks, after cred-itors' committee directed him to cease paying debts, held not preferential.

(U. S. D. C. 1927.) Where, on direction of creditors' committee to make nofurther payment of insolvent's debts, except for current running expenses,insolvent notified bank not to pay any notes which might be presented forpayment, and thereafter made deposits in bank account under supervi-sion of creditors' committee, and subsequently paid its notes held by bankwith checks on said account, about two weeks before filing bankruptcypetition, held, that such payments to bank were not preferential, on theorythat accumulation of funds in deposit account was improper, where bankwas not represented at meeting of creditors. (Ib.)

Bankruptcy—Bank, holding bankrupt's notes amply secured, held not required toprotect general creditors as against owners of collateral in receiving payment ofnotes.

(U. S. D. C. 1927.) Where bankrupt's notes held by bank were amplysecured by collateral belonging to third persons, it was not bank's dutyto protect bankrupt's general creditors at expense of owners of collateral,by refusing to accept payment of notes by checks drawn on bankrupt'saccount in ordinary course of business about two weeks before bankruptcypetition was filed. (Ib.)

DEPOSIT OF TRUST FUNDS

Guardian and ward—Special deposit became deposit of B., as guardian of minors,covered by indemnity bond, where certificate of deposit was indorsed to minorsthrough guardian.

(U. S. C C A . 1929.) Special deposit in bank in name of deceased's estatebecame deposit of B., as guardian of minors, and was covered by indemnitybond guaranteeing repayment of deposits of B. as guardian, where courtof ordinary rendered judgment setting off such item to minors, and titlebecame vested by such judgment, and certificate of deposit was indorsedto minors through their guardian. (Independence Indemnity Co. v.Barber et al., 30 Fed. Rep. (2d series) 753.)



Guardian and ward—Savings account became deposit of B., as guardian of minors\covered by indemnity bond, where representatives of deceased's estate notified bankto transfer account.

(U. S. C. C. A. 1929.) Savings account standing in name of deceasedbecame deposit of B., as guardian of minors, and was covered by indemnitybond guaranteeing repayment of deposits of B. as guardian, where courtof ordinary rendered judgment setting off such item to minors, and titlevested by such judgment, and representatives of deceased's estate notifiedbank to transfer savings account to B. as guardian, although no changewas made. (Ib.)

Guardian and ward—Where bond guaranteed repayment of deposits by guardian,it was immaterial how disputed items were carried on bank's books.

(U. S. C. C. A. 1929.) Where indemnity bond was given to guarantee re-payment of deposits of B., as guardian of minors, and disputed items weredeposits of guardian, it was immaterial how they were carried on booksof bank. (Ib.)

Surety can not claim subrogation, and compete with secured creditor in distributionof insolvent debtor's assets, until creditor is paid.

(U. S. C. C. A. 1929.) As respects right to participate in receiving dividendsfrom defunct bank, surety can not claim subrogation, and compete withsecured creditor in distribution of assets of insolvent debtor, until creditoris paid in full. (Ib.)

DEPOSIT OF COUNTY FUNDS

Bankruptcy—Pro rata distribution of dividends on debts existing at time of bank-ruptcy only is required.

(U. S. C. C. A. 1929.) Law requires pro rata distribution of dividends onsuch debts only as existed at time of bankruptcy. (Burnett et al. v. Bankof Duncan, 30 Fed. Rep. (2d series) 52.)

Bankruptcy—Action of bank officer and county treasurer in depositing misap-propriated county funds to personal account did not create "overdraft" whenaccounts were adjusted, authorizing bank's claim against officer's estate inbankruptcy.

(U. S. C. C. A. 1929.) Action of bank officer and county treasurer in credit-ing to his personal account at bank funds which he had misappropriatedfrom county, and for which county's claim against officer's estate inbankruptcy was properly allowed, which funds were transferred to officer'saccount as treasurer, and charged back against his personal account whendefalcations were discovered, did not create an " overdraft," authorizingbank's claim therefor against officer's estate in bankruptcy, since to allowclaim would in effect allow a double filing on the same debt, (Ib.)

Bankruptcy—County's participation in audit of accounts of bank officer and countytreasurer did not preclude claim against officer's estate in bankruptcy for misap-propriation of funds.

(U. S. C. C. A. 1929.) County, by participating in audit of books of bankofficer and county treasurer misappropriating funds of county, held notconcluded by finding of auditors that an overdraft existed in bank officer'spersonal account as regards right to assert claim for misappropriatedfunds against officer's estate in bankruptcy. (Ib.)

Fund deposited in bank becomes property of bank.(U. S. C. C. A. 1929.) Fund deposited in a bank becomes property of a

bank, and a transfer from one account to another in no way affects theownership of the fund. (Ib.)

Georgia statute declaring property of county depository bank bound for payment ofliabilities arising from breach of bond declares a lien. {Laws Ga. 1915, p. 233.)

(U. S. D. C , 1929.) Laws of Georgia, 1915, page 233, providing that prop-erty of county depository bank shall be bound for payment of all liabilityarising from breach of bond, declares a lien. (In re Blalock et al., 31 Fed.Rep. (2d series) 612.)


BEPORT OF THE COMPTROLLER OF THE CURRENCY 185

Statute should not he given apparent literal meaning leading to unreasonable, extraor-dinary, unjust, or absurd consequences.

(U. S. D. C , 1929.) While court has no power of legislation, and must givenatural meaning to plain language of statute, notwithstanding resultinghardship, the general assembly's real intention should be sought, andstatute interpreted according to its real, rather than apparently literal,meaning, which would lead to such unreasonable, extraordinary, unjust,or absurd consequences as could not have been intended by legislature.(Ib.)

Bank held entitled to first claim or lien on choses in action pledged to it for moneyadvanced to bankrupt county depository. {Laws Ga. 1915, p. 2S3.)

(U. S. D. C , 1929.) Bankrupt county depository's correspondent bank heldentitled to first claim or Men on all notes, accounts, and choses in action,pledged to it for money advanced to depository, as against county'sclaim under Laws Georgia, 1915, page 233, whether correspondent bankhad title to or merely a lien on such choses, in view of Laws Georgia,1924, page 133 (Park's Ann. Civ. Code Supp. 1926, sec. 4270 (4)), declaringholder of lien, arising either from contract or by implication of law, aholder for value to extent thereof. (Ib.)

State highway department held entitled to prior payment from assets of bankruptcounty depository, except as to property pledged to correspondent hank. %Bankr.act, sec. 64b (5) (7); 11 U. S. C. A., sec. 104 (b) (5) (7).)

(U. S. D. C , 1929.) State highway department held entitled to priority ofpayment out of assets in hands of trustee for bankrupt county depositorybank under the prerogative right of preference recognized by the commonlaw of Georgia, except as to property pledged to correspondent bank, inview of act May 27? 1928, section 15, 11 U. S. C. A., section 104 (b) (7),defining term "person" in bankruptcy act, section 64b (5), 11 U. S. C. A.,section 104 (b) (5), as including the United States and the several Statesand Territories thereof. (Ib.)

DEPOSIT OP CITY FUNDS

Reference—Referee's' findivigs and conclusions are conclusive, in absence of motionfor new trial, if reference was made under Kansas law, but not if made undercommon law. '{Rev. St. Kan., 1928, 60—2924.)

(U. S. D. C.r 1928.) In absence of motion for new trial, referee's fact find-ings and conclusions of law are conclusive on court, which can not hear orconsider exceptions thereto, under Kevised Statutes Kansas, 1923, 60—2924, if reference was made under Code of such State, but, if made undercommon law, court must rule on exceptions and declare law of case injudgment. (City of Parsons v. Fidelity & Deposit Co., Same v. Nat'l.Surety Co., 29 Fed. Rep. (2d series) 417.)

Depositaries—City depository is liable for any neglect of duty causing loss to city,as in paying out money in unauthorized manner. (Rev. St. Kan., 1923,13—2107.)

(U. S. D. C , 1928.) City treasurer's deposit of city's moneys in depositoriesduly selected by city commissioners, as provided by Revised Statutes Kan-sas, 1923, 13—2107, establishes ordinary relation of debtor and creditor be-tween depository and city, and depository is liable on its contract and anystatutory bond given by it for any neglect of duty occasioning loss to city,as in failing to pay out money due it in manner provided by law. (Ib.)

Depositaries—City depository, paying in unauthorized manner money employed todischarge city's- valid debts is protected, but has burden of proof. (Rev. St. Kann1923, 13—-2107.)

(U. S. D. C , 1928.) City depository, paying out in manner not authorizedby Revised Statutes Kansas, 1923, 13—2107, city money employed todischarge valid and due debts of city, would be protected, as such paymentwould be simply damnum absque injuria; but burden of making such proofwould rest on depository. (Ib.) «

Municipal corporations—Sureties on city treasurer's bond are not liable for lossescaused by commissioners' failure to take bonds from depositories. (Rev. St. Kan,,1923, 18—2107.)

(IT. S. D. C , 1928.) Sureties on bonds, given by city treasurer underRevised Statutes Kansas, 1923, 13—2107, are not liable for loss of city'smoneys because of city commissioners' failure to take bonds from deposi-tory banks, as required by such act. (Ib.).



CERTIFICAT B OF DEPOSIT

Bank was precluded from setting up CQ lier's lack of authority to issue certificateof deposit as against bona fide holder w% hout notice of irregularity.

(U. S. C. C. A., 1929.) Bank was precluded from claiming want of authorityof cashier to issue certificate of deposit on ground that no deposit had infact been received, as against holder in due course of certificate withoutnotice that there was any irregularity in issuance of certificate, notwith-standing the fact that cashier fraudulently abused his authority in wrong-fully issuing certificate without receiving deposit. (People's Bank ofKeyser, W. Va., v. International Finance Corporation, 30 Fed. Rep. (2dseries) 46.)

Batik's certificate of deposit constitutes in effect a promissory note.(U. S. C. C. A., 1929.) A certificate of deposit issued by a bank constitutes

in effect a promissory note. (Ib.)

DIVIDENDS Page.STOCK DIVIDENDS 166DIVIDENDS DECLARED FOR PURPOSE OF ORGANIZING AN AFFILIATED

CORPORATION 166

STOCK DIVIDENDS

Stock dividend on trusteed stocks is an accretion of capital and not income.(U. S. Sup. 1890.) Under a will bequeathing stock in a corporation and

Government bonds, in trust to pay " the dividends of said stock and theinterest of said bonds as they accrue" to a daughter of the testator "duringher lifetime, without percentage of commission or dimunition of principal,"and directing that upon her death " the said stocks, bonds, and incomeshall revert to the estate" of the trustee, "without incumbrance or im-peachment of waste," a stock dividend declared by a corporation whichfrom time to time, before and after the death of the testator, has investedaccumulated earnings in its permanent works and plant, and which, sincehis death, has been authorized by statute to increase its capital stock, isan accretion to capital, and the income thereof only is payable to thetenant for life. (Gibbons v. Mahon, 136 U. S. 549.)

Courts—Pennsylvania rule relating to apportionment of stock dividends betweenlife tenant and remaindermen is a rule of property binding on Federal courts.

(U. S. D. C. 1929.) Rule followed by Pennsylvania courts that stock divi-dends must be apportioned between life tenant and corpus of trust, bygiving the corpus sufficient to keep intact the value of the shares of stockas they were at time trust began and by giving rest of dividend to thoseentitled to income, is a rule of property binding on Federal courts in acase involving a trust under a will probated in Pennsylvania. (Pierre-pont v. Fidelity-Philadelphia Trust Co. et al., 32 Fed. Rep. (2d series)608.)

DIVIDEND DECLARED FOR THE PURPOSE OF ORGANIZING AN AFFILIATED COR-PORATION

Internal revenue—Dividend declared by national bank, to be applied to purchasestock in trust company organized to transact business in which bank could notengage, held taxable "income." {Revenue act 192 4, sec. 203 (c), (h); 26 U. 8.C. A. sec. 934 (c), (h); National banking act; 12 U. S. C. A. sees. 21-200.)

(U. S. C. C. A. 1929.) Ten per cent dividend, declared by national bank, tobe applied to purchase of stock in trust company to be organized totransact business in which bank could not engage under national bankingact (12 U. S. C. A. sees. 21-200), held taxable "income," as against con-tentions that by reason of trust under which trust company's stock wasplaced, taxpayer received nothing in nature of income, and that transactionconstituted reorganization* of national bank, within revenue act 1924,section 203 (c), (h), 26 U. S. C. A. section 934 (c), (h). (Lonsdale v.Commissioner of Internal Revenue, 32 Fed. Rep. (2d series), 537.)

Internal revenue—Substance, not form, should control in applying sixteenth amend-ment and income tax laws. (Const. Amend. 16.)

(U. S. C. C. A. 1929.) Substance, and not form, should control in appli-cation of constitutional amendment 16 and income tax laws enactedunder it. (Ib.)



EXCHANGECROSS REFERENCE: Page

BRANCH BANKS IN FOREIGN COUNTRIES 157

Whether drawer bank was negligent with reference to drawee's payment of draftson unauthorized indorsements of payee's agent was question of fad.

(U. S. C. C. A. 1929.) Even if drawer bank owed drawee bank any dutyto object to payment of drafts bearing unauthorized indorsements bypayee's agent similar to indorsements on drafts on which drawer soughtto recover from drawee, which paid them on such unauthorized indorse-aents, whether drawer was negligent with reference thereto was a question

of fact. (Continental Nat. Bank & Trust Co. of Chicago v. Olney Nat.Bank, 33 Fed. Rep. (2d Series), 437.)

Appeal and error—District court's determination of fact question, where jury waswaived, could not be reviewed on appeal.

(U. S. C. C. A. 1929.) District court's determination of question of fact,where jury was waived, was not open for reconsideration by CircuitCourt of Appeals. (Ib.)

Drawer bank owes drawee bank no duty with reference to indorsements.(U. S. C. C. A. 1929.) Drawer bank owes drawee bank no duty with

reference to indorsements. (Ib.)Draft, drawn to order, is not payable at all, until properly indorsed by payee.

(TJ. S. C. C. A. 1929.) A draft, drawn to order, is not payable at all untilit is properly indorsed by payee. (Ib.)

That checks received for drafts were worthless held not to defeat drawer bank's rightsto recover from drawee bank for paying drafts on unauthorized indorsements ofpayee's agent.

(U. S. C. C. A. 1929.) That drawer bank issued drafts to payee's agentfor agent's worthless checks held not to defeat its right to recover fromdrawee bank for paying drafts on said agent's unauthorized indorsements.(Ib.)

Bills and notes—Intention of drawer determines whether drafts are payable to bearer,because made to living person not intended to have interest therein. {NegotiableInstrument Law III. sec. 9.)

(TJ. S. C. C. A. 1929.) Negotiable instrument law, Illinois, section 9 (CahilTsRev. St. 1927, ch. 98, par. 29), provides that instrument is payable tobearer when it is payable to order of a person known by drawer or makerto be fictitious, or of a living person not intended to have any interest init, held, that it is intention of drawer, and not intention of one who pro-cures drafts to be issued, and who was neither drawer, drawee, nor payee,which determines whether instrument is payable to bearer, becausepayable to living person not intended to have interest in it. (Ib.)

Bills and notes—Drawer's intention respecting interest payee was to have in drafts,as to whether drafts were payuble to bearer, held fact question. (Negotiableinstrument law, III., sec. 9.)

(U. S. C. C. A. 1929.) What was drawer's intention with reference tointerest, if any, that payee was to have in drafts obtained from drawerby payee's agent, on issue whether such drafts were payable to bearerunder negotiable instrument law, Illinois, section 9 (Cahill's Rev. St.1927, ch. 98, par. 29), because payable to order of living person notintended to have any interest in the drafts, was question of fact. (Ib.)

Interest—Interest is allowable ivithout agreement on money advanced, on moneydue on settlement of account, on money received to another's use and retainedwithout owner's knowledge, and on money unreasonably withheld. (Interestact, III., sec. 2.)

(U. S. C. C. A. 1929.) Under interest act, Illinois, section 2 (Cahill's Rev.St. 1927, ch. 74, par. 2), interest is allowable without agreement on moneylent or advanced for the use of another, on money due on settlement ofaccount from day of liquidating accounts between parties and ascertainingbalance, on money received to use of another and retained without owner'sknowledge, and on money withheld by an unreasonable and vexatiousdelay of payment. (Ib.)79003°—30 12



Interest—Whether drawee hank was liable for vexatious delay in refusing to payto drawer amount of drafts paid on unauthorized indorsements held fact question.(Interest actr III., sec. 2.)

(XL S. C. C. A. 1929.) Wliether drawee bank, found to be liable to drawerbank for paying drafts on unauthorized indorsements of payee's agent,was liable for interest under interest act, Illinois, section 2 (CahilFs Rev.St. 1927, ch. 74, par. 2), as for vexatious delay, presented a question offact. (Ib.)

Qefendant, issuing letter of credit to plaintiffs, held estopped to claim variance inshipping documents accompanying drafts, where reason previously assignedfor nonpayment was pending injunction.

(U. S. C. C. A. 1928.) Defendant, issuing letter of credit authorizingplaintiffs to draw on bank against bills of lading, held estopped to assertthat descriptive terms used in invoices and shipping documents variedfrom those called for by letter of credit, where plaintiff had refused pay-ment on sole ground of pending injunction, with result that plaintiffwas led to assume that the shipping documents were in proper form.(Lamborn et al. v. Cleveland Trust Co., 29 Fed. Rep. (2d series) 46.)

Estoppel—One assigning reason for conduct may not alter position to other party'sinjury after situation has changed.

(U. S. C. C. A. 1928.) One who has given a reason for his conduct touchinga matter in controversy will not be permitted, after the situation of theparties has changed, to change his position on the matter to the injuryof the other party by assigning a different reason. (Ib.)

FOREIGN BANKING CORPORATIONSCROSS REFERENCES:

BRANCH BANKS— PageBRANCH BANKS IN FOREIGN COUNTRIES 157

Federal Reserve Board must exercise discretion respecting approval or disapprovalof articles of association of foreign banking corporation; "approved.99 (12U. S. C. A.y sees. 611-681.)

(D. C. App. 1929.) Federal reserve act, section 25 (a), added by act Decem-ber 24, 1919 (12 U. S. C. A., sees. 611-631), authorizing organization ofcorporations to engage in international or foreign banking, but providingthat association formed thereunder shall not become body corporate untilarticles of association and organization certificate have been approved byFederal Reserve Board and after board has issued permit to it to beginbusiness, imposes duty on Federal Reserve Board of exercising its judgmentand discretion with respect to approval or disapproval of such articles;word " approved" importing exercise of judgment and discretion, andpower to approve ordinarily implying power to disapprove. (Apfel et al.v. Mellon et al., Federal Reserve Board, 33 Fed. Rep. (2d series) 805.)

Statutes—Consistent use of term in certain sense in statute in pari materia is per-suasive as to its meaning.

(D. C. App. 1929.) The consistent use of the same term in certain sense instatutes in pari materia is persuasive that it was used in same sense instatute being construed. (Ib.)

Mandamus—Mandamus does not lie to control Federal Reserve Board's discretionin refusing to approve articles of incorporation of foreign banking corporation.(12 U. S. C. A., sees. 611-631.)

(D. C. App. 1929.) Mandamus will not lie to control the exercise of FederalReserve Board's discretion in refusing to approve articles of incorporationand organization certificate to permit relators to begin business as a bodycorporate for purpose of engaging in business of international or foreignbanking under Federal reserve act, section 25 (a), added by act December24, 1919 (12 U. S. C. A., sees. 611-631). (Ib.)


BEPOBT OF THE COMPTROLLER OF THE CURRENCY 169

FORGED OR ALTERED PAPERInsurance—Forged signature, below signature of maker of note, held not signature

of "indorser" within hankers' blanket forgery policy.(U. S. D. C. 1928.) Forged signature, appearing below name of maker on

note, which recited, "I , we, or either of us, promise to pay," held on itsface signature of joint maker, under negotiable instruments law Penn-sylvania section 17 (Pa. St. 1920, sec. 16004), and can not be held underany consideration to be that of "indorser," within provision of bankers'blanket forgery insurance policy covering forgery of signature of indorserof checks, drafts, notes, or trade acceptances. (Grange Trust Co. ofHuntingdon, Pa., v. American Surety Co. of New York, 30 Fed. Rep.(2d series) 445.)

Insurance—Intention of all parties that signature in place for makers' signatures isindorsement can not affect liability of forgery insurer.

(U, S. D. C. 1928.) Though a signature on face of note at place providedfor makers* signatures may be held to be an indorsement, it must beshown that it was intention of all parties that said signature was intendedas an indorsement, and such understanding between parties can not affectliability of insurer under bankers' blanket forgery insurance policy. (Ib.)

Insurance—Provision of policy insuring against forged indorsements could not beinterpreted to cover forgery of name of maker or accommodation maker of note.

(U. S. D. C. 1928.) Provision of bankers' blanket forgery and alterationinsurance policy, insuring trust company against loss from forged indorse-ments on checks, notes, and drafts, could not be interpreted to cover theforgery of name of maker or accommodation maker. (Ib.)

Evidence—Parol evidence is inadmissible to show that forged signature under signa-ture of maker of note is indorsement. (Negotiable instruments act, Pa., sec. 17(Pa. St. 1920, sec. 16004).)

(U. S. D. C. 1928.) Parol evidence is not admissible to establish that forgedsignature below that of maker on note is a forged indorsement, undernegotiable instruments act, Pennsylvania, section 17 (Pa. St. 1920, sec.16004), providing that, where instrument containing words " I promise topay" is signed by two or more, they are deemed to be jointly and severallyliable. (Ib.)

Bills and notes—Liability on notes bearing forged indorsements arose on impliedwarranty of genuineness.

(U. S. C. C. A. 1929.) Liability of bank exchanging Victory notes withforged indorsements for coupon bonds arose upon an implied warrantyof the genuineness of notes, and was not conditioned upon either demandor giving notice after discovery of the forgeries. (Ladd & Tilton Bankv. United States, 30 Fed. Rep. (2d series) 334.)

United States—Government's failure to notify bank exchanging Victory notes withforged indorsements after discovery of forgery held defense under circumstances.

(U. S. C. C. A. 1929.) Where Government, after discovering forgery ofindorsements on Victory notes for which it had theretofore exchangedcoupon bonds, failed to notify bank effecting exchange of such forgeriesfor period of approximately 19 months, resulting in injury to bank byreason of insolvency and liquidation of bank from whom it had receivednotes, the Government's failure to give timely notice of forgery constituteda defense, notwithstanding that right of action rested on implied warranty.(Ib.)

United States— United States suing to recover money paid on forged instrument issubject to same rules applicable to litigants generally.

(U. S. C. C. A. 1929.) Though statute of limitation does not run againstright of action in favor of Government, nevertheless, where right of actionis for recovery of money paid on forged instrument, United States issubject to same rules as litigants generally. (Ib.)

Bills and notes—One liable on forged instrument may defend on ground that delayin notice or demand after discovery of forgery has worked injury.

(U. S. C. C. A. 1929.) Though mere right of action is not affected by delayin demand or notice, defendant, otherwise liable because of money or



property obtained on forged bill, note, or other instrument, may defendon ground that delay in notice or demand after discovery of forgery hasworked injury. (Ib.)

Costs—Government witnesses held entitled only to traveling expenses necessarily in"curred within district. (28 U. S. C. A. sec. 6O4.)

(U. S. C. C. A. 1929.) Government witnesses held not entitled, under Re-vised Statutes, section 850 (28 U. S. C. A., sec. 604), to recover travelingexpenses except those necessarily incurred for travel and maintenancewithin district. (Ib.)

INSOLVENCY AND RECEIVERSPage

ALL ASSETS OF INSOLVENT BANK PASS TO RECEIVER 170ACTIONS BY RECEIVERS 170ACTIONS AGAINST RECEIVERS:

JURISDICTION 172RIGHTS OF PERSONS MAKING DEPOSITS AFTER INSOLVENCY 172PREFERENCES BETWEEN BANKS 173DEPOSIT OF STATE FUNDS 173SURETY ON BOND TO SECURE UNITED STATES DEPOSITS 174SURETY ON BOND TO SECURE STATE DEPOSITS 174SECURITY ON BOND TO SECURE COUNTY DEPOSITS ^ 175STATE NOT ENTITLED TO PRIORITY UNDER COMMON LAW 175DEPOSITS OF PUBLIC MONEY EXCEEDING STATUTORY LIMIT IS A TRUST

FUND 176BANKS' TRANSFER OF ASSETS TO SECURE SURETIES 177ACTIONS AGAINST SHAREHOLDER'S AGENT 177INSOLVENT JOINT STOCK LAND BANK 177INSOLVENT STATE BANK 178INSOLVENT PRIVATE BANK 179CROSS REFERENCES:

COLLECTIONS—APPLICATION OF INSOLVENT BANK'S DEPOSIT WITH FEDERAL

RESERVE BANK ON CHECKS SENT FOR COLLECTION 161OFFICERS, CIVIL LIABILITY OF—

RECEIVER'S SUIT AGAINST DIRECTORS 191SHAREHOLDERS—

ASSESSMENT OF SHAREHOLDERS 202ALL ASSETS OF INSOLVENT BANK PASS TO RECEIVER

When national bank becomes insolvent and is taken over'by comptroller and placedin receiver's hands, its assets pass to receiver's control.

(U. S. C. C. A. 1929.) When national bank becomes insolvent and is takenover by comptroller of currency and placed in hands of a receiver, all itsassets pass to control of the receiver. (Anderson et al. v. Cronkleton,32 Fed. Rep. (2d series) 170.)

ACTIONS BY RECEIVERS

Action—Action by or against receiver to establish demand is one at law.(U. S. C. C. A. 1928.) An action by or against a receiver to establish a

demand is an action at law, rather than in equity. (Dykes v. Widdowset al., 31 Fed. Rep. (2d series) 745.)

On petition for rehearing—Receiver, in action against him on claim, was entitledto set-off or counterclaim by reason of claim against plaintiff's assignor. (Equityrule 30.)

(U. S. C. C. A. 1929.) Under equity rule 30, providing that an answermay contain, without cross-bill, a set-off and counterclaim which mightbe the subject of an independent suit in equity, receiver for insolvent bankwas entitled, in action against him on a claim, to set-off or counterclaimby reason of claims of bank against plaintiff's assignor, so as to enablecourt to pronounce a final judgment in the same suit. Petition for re-hearing denied (Dykes v. Widdows et al., 31 Fed. Rep. (2d series) 745.)



Appeal and error—Nonjoinder of parties appellant is jurisdictional question, whichwill be considered, though not raised by counsel.

(U. S. C. C. A. 1929.) The question of lack of joinder of parties appellantis jurisdictional, and will be considered, though it has not been raised by-counsel. (Federal Intermediate Credit Bank of Omaha v. L'Herisson(two cases), 33 Fed. Rep. (2d Series) 841.)

Appeal and error—Judgment against both answering and defaulting defendantsheld several in nature, so as to authorize appeal by answering defendant alone.

(U. S. C. C. A. 1929.) Judgment against two defendants, one of whom madedefault, held essentially several in its nature, though joint in form, so as toauthorize appeal by answering defendant alone. (Ib.)

Appeal and error—Appellate court will not reverse judgment in law action, triedwithout jury, for error of fact, such as finding contrary to weight of evidence.{28 U. S. C. A. sees. 773, 875, 879.)

(U. S. C. C. A. 1929.) When action at law is trial to Federal court withouta jury, the questions open for review in appellate court are limited byRevised Statutes, sections 649, 700, 1011 (28 U. S. C. A. sees. 773, 875, 879),and appellate court will not reverse judgment for error of fact, such asfinding contrary to weight of evidence. (Ib.)

Appeal and error—Party urging lack of substantial evidence to support findings andjudgment must move for judgment on such ground, request such declaration of law,or take equivalent step, secure ruling, and take exception.

(U. S. C. C. A. 1929.) Party seeking review of question whether recordcontains any substantial evidence to support findings and judgmentagainst him must move for judgment in his favor on such ground, requestdeclaration of law to that effect, or take some other equivalent step, secureruling by trial court, and take exception thereto. (Ib.)

Appeal and error—Party desiring review of admissibility of evidence should objector offer proof at proper time on trial, state ground therefore, and secure ruling.

(U. S. C. C. A. 1929.) Party desiring review of question of admissibilityof evidence should make objection or offer proof at proper time on thetrial, state the ground therefor, and secure a ruling of the trial court.(Ib.)

Courts—Assignments of error relating to admissibility of evidence must conform tocourt rules. (Circuit Court of Appeals rules 11, 24--)

(U. S. C. C. A. 1929.) Assignments of error relating to the admissibilityof evidence must conform to Circuit Court of Appeals, rules 11, 24. (Ib.)

Evidence in national bank receiver's action for conversion of notes held to supportfinding that they were transferred to defendant bank to secure notes discounted bycorporation.

(U. S. C. C. A. 1929.) In national bank receiver's action against Federalcredit bank for conversion of collateral notes, evidence held sufficient tosupport trial court's finding that alleged collateral agreement was made,and that notes belonging to insolvent bank were turned over to defendantfor purpose of securing notes discounted by corporation with defendant.(Ib.)

Evidence held to support finding that national bank was insolvent to knowledge ofFederal credit bank at time of transferring notes to latter as security for notes dis-counted by corporation.

(U. S. C. C. A. 1929.) In national bank receiver's action against Federalcredit bank for conversion of collateral notes, evidence held sufficient tosupport trial court's finding that national bank was insolvent to defendantbank's knowledge at time of turning over notes to defendant as securityfor notes discounted with latter by corporation. (Ib.)

National bank can not lend credit to another. {12 U. S. C. A. sec. 24--)(U. S. C. C. A. 1929.) Under Revised Statutes, section 5136 (12 U. S. C. A.

sec. 24), a national bank, even though solvent, can not lend its credit toanother. (Ib.)


172 KEPOBT OF THE COMPTROLLER OF THE CURRENCY

Insolvent national bank can not pledge assets as collateral to another's debt. (12U. S. C. A., sec. 91.)

(U. S. C. C. A. 1929.) Under Revised Statutes, section 5242 (12 U. S. C. A.sec. 91), a national bank can not pledge its assets while involvent ascollateral to the debt of another. (Ib.)

"Insolvency" within statute prohibiting transfer of insolvent national bank's assets,consists in inability to meet obligations in ordinary course of business as theyaccrue. (12 U. S. C. A. sec. 91.)

(U. S. C. C. A. 1929.) ' 'Insolvency" within Revised Statutes section 5242(12 U. S. C. A. sec. 91), prohibiting transfers of national bank's assets aftercommission of act of insolvency or in contemplation thereof with view topreference of one creditor, consists in inability to meet obligations inordinary course of business as they accrue. (Ib.)

Deposit of collections by credit corporation held not trust fund, left in bank in con-sideration of its transferring notes belonging to it to another bank as security fornotes discounted with latter by such corporation.

(U. S. C. C. A. 1929.) Deposit in national bank of collections made bycredit corporation held not a trust fund, left in bank in consideration ofits turning over notes belonging to it to Federal credit bank as securityfor notes discounted therewith by credit corporation, where collectionswere not traced into assets of depository bank on date of collateral agree-ment and no specified minimum amount of cash was shown to be on handtherein from time collections were made until date of such agreement.(Ib.)

ACTIONS AGAINST RECEIVERS

JURISDICTION

District Court of district in which a national bank is located held to have jurisdictionof a suit by stockholders, on a cause of action inuring in the bank, to enjoin theComptroller and his receiver (Judicial Code, Sec. 2^ subd. 16, and section 4-9(Comp. St. Sees. 991, 1031).

(U. S. D. C. 1926.) Judicial Code, Section 24, subdivision 16, and section49 (Comp. St. Sees. 991, 1031), giving District Courts jurisdiction of suitsby national banks to enjoin the Comptroller or any receiver, and provid-ing that such a suit shall be in the district where the bank is located heldto extend to a suit by stockholders of an insolvent national bank, onbehalf of themselves and all other stockholders, to enjoin the Comptrollerand his receiver from making an alleged collusive compromise of a suitagainst the directors. (Wegman et al. v. Hulse et al. 13 Fed. Rep. (2dseries) 206.)

When demand on directors not necessary.(U. S. D. C. 1926.) Where interests of directors are antagonistic, demand

on them is not necessary, as preliminary to suit by stockholders. (Ib.)Suit by stockholders against Comptroller and receiver of national bank held to involve

Federal question.(U. S. D. C. 1926.) A suit by stockholders of an insolvent national bank,

to enjoin the Comptroller and receiver from making an alleged collusivecompromise of a suit against the directors, held to involve a Federal ques-tion, and within the jurisdiction of a Federal court, regardless of citizen-ship of parties. (Ib.)

RIGHTS OF PERSONS MAKING DEPOSITS AFTER INSOLVENCY

Depositor may reclaim deposit received by hopelessly insolvent bank with knowledgeof insolvency.

(U. S. D. C. 1928.) Where bank is hopelessly insolvent and receives depositwith knowledge of insolvency and fails, there is such fraud on depositorthat he may rescind contract of deposit and reclaim amount deposited, orits proceeds, if traced into assets of bank going into hands of receiver.(Holloway v. Dykes, 29 Fed. Rep. (2d series) 430.)



Whether title to check deposited in bank passes to bank depends on intention ofpartieSf which may be ascertained from course of conduct.

(U. S. D. C. 1928.) Whether title to check passes to bank in which it isdeposited must be determined by ascertaining intention of parties, but-such intention may be ascertained from consideration of course of conductor ordinary course of business. (Ib.)

Where depositor received credit in amount of checks deposited with privilege ofchecking against it, intention may be implied that title to deposited checks passedto bank.

(XL S. D. C. 1928.) Where depositor has ordinarily received credit inamount of checks deposited with privilege of checking against it, it maybe implied from circumstances that it was intention that title to depositedchecks passed to bank. (Ib.)

Depositors of checks for collection in bank known by officers to be insolvent mayrecover proceeds collected by receiver.

(U. S. D. C. 1928.) Where customer of bank deposits checks for collectionwhen bank is insolvent and known to be so by officers, and such checksare not collected when bank closes doors, they remain property of de-positors, though indorsed to bank without qualification, and on subsequentcollection by receiver proceeds may be recovered by depositors. (Ib.)

PREFERENCES BETWEEN BANKS

Assignments—Bank's delivery of currency held not equitable assignment, entitlinglending bank to preference on borrowing bank's insolvency, where latter's financialcondition was not made known.

(U. S. C. C. A. 1929.) Bank's delivery of currency to another bank in returnfor draft drawn on third bank held not to constitute equitable assignment,so as to give the lending bank preferred claim for currency delivered, oninsolvency of borrowing bank, where borrowing bank's financial embar-rassment was not made known to the lending bank. (Scharnberg et al.v. Citizens' Nat. Bank of Spencer, Iowa, et al. 33 Fed. Rep. (2d series)673.)

Assignments—Single party's knowledge does not warrant inference of intention ofboth that check shall be paid from particular fmid.

(U. S. C. C. A. 1929.) Intention on part of both parties that check shall bepaid out of particular fund can not be inferred from knowledge of one ofparties. (Ib.)

Lending bank} to establish preferred claim, must prove borrowing bank was insolvent,and that insolvency was known to its officers.

(U. S. C. C. A. 1929.) Bank transferring currency to borrowing bank inreturn for draft on third bank, to establish a preferred claim under trustfund theory, on ground of fraud of borrowing bank, was required to prove,not only that the borrowing bank at the time of receiving the funds wasinsolvent, but that its insolvency was known to its officers. (Ib.)

Preferred claim against borrowing bank was properly disallowed, where its officersat time of loan were attempting to negotiate loan from Federal reserve bank.

(U. S. C. C. A. 1929.) In suit by lending bank to establish preferred claimagainst borrowing bank for amount of loan, finding of trial court thatpreference under trust fund theory was not established was proper, whereofficers of borrowing bank at the time were attempting to negotiate aloan from the Federal reserve bank, since this fact was inconsistent withknowledge on their part that bank was insolvent, though they segregateddeposits received on day of procuring loan. (Ib.)

DEPOSIT OF STATE FUNDS

National bank held trustee ex maleficio of deposits of State funds by bank's president,exceeding statutory limit, so that Stale may follow such deposits after'bank's in-solvency and take in preference to other creditors. (Rural credits act S. Dak.)

(U. S. D. C. 1927.) Where president of bank as treasurer of State ruralcredit board made deposits in his bank exceeding those permitted by stat-ute, Revised Code, South Dakota, 1919, section 10170, and section 10150



et seq., bank became trustee ex maleficio as to excess deposits, for useand benefit of State, and on its insolvency, such deposits may be followedby State and taken in preference to other creditors, especially in view ofsection 10167. (State of South Dakota v. Fiman, 29 Fed. Rep. (2dseries) 770.)

Estoppel—State can not be estopped by unauthorized acts of agents or officers (Rev*Code, S. Dak., 1919, sec. 10170).

(U. S. D. C. 1927.) State can not be estopped by unauthorized, illegal, orfraudulent acts of its agents or officers any more than it, through its officers,can ratify such unauthorized, wrongful or illegal acts, such as deposit offunds in bank in amount exceeding statutory limit under Revised Code,South Dakota, 1919, section 10170. (Ib.)

States—State is not liable to individuals for misfeasance, laches, or unauthorizedexercise of power by officers or agents.

(U. S. D. C, 1927.) Whether transaction is private or governmentalfunction, State does not hold itself liable to individuals for misfeasance,laches, or unauthorized exercise of power by officers and agents; but in-dividuals as well as courts take notice of extent of authority conferred bylaw on person acting in official capacity. (Ib.)

State of South Dakota may, in exercise of sovereign prerogative, enforce against bankreceiver preference to funds held in trust for it.

(U. S. D. C. 1927.) Under statute providing that common-law rules areenforced, except where they conflict with will of sovereign power, Stateof South Dakota may enforce preference as against receiver of bank tofunds held in trust for it, in exercise of its sovereign prerogative. (Ib.)

SURETY ON BOND TO SECURE UNITED STATES DEPOSITS

Surety held entitled to priority against assets of insolvent bank for amount paidUnited States on depository bond (31 U. S. C. A. sees. 191, 193).

(U. S. D. C. 1929.) Under the express provisions of Revised Statutes sec-tions 3466, 3468 (31 U. S. C. A. sees. 191, 193), surety on bond of bank tosecure United States deposits is entitled to priority of claim against assetsof insolvent bank in amount paid by it on such bond. (National SuretyCo. v. Oswego State Bank of Oswego, Kans., et al., 33 Fed. Rep. (2dseries) 221.)

SURETY ON BOND TO SECURE STATE DEPOSITS

Surety on insolvent bank's bond to pay State treasurer's deposits held not entitledto dividends, equal in percentage to amount paid other creditors, under indemnitycontract.

(U. S. C. C. A. 1929.) Surety paying State treasurer amount of insolventbank's bond for payment of treasurer's deposits held not entitled, underindemnity contract, to payment of dividends-by bank's receiver to amountequal in percentage to that paid other creditors; treasurer's deposit beingonly debt, payment of which discharged bank's obligation to surety aswell as to treasurer. (Fouts v. Maryland Casualty Co., 30 Fed. Rep.(2d series) 357.)

Law requires pro rata distribution of dividends only on debts existing when insolventbank was suspended.

(U. S. C. C. A. 1929.) The law requires pro rata distribution of dividendson such debts only as existed at the time of insolvent bank's suspension.(Ib.)

Principal and surety—Bank's agreement to indemnify surety on its bond for pay-ment of State treasurer's deposits added nothing to bank's obligations or surety'srights.

(U. S. C. C. A. 1929.) Bank's agreement to indemnify surety on its bond forpayment of State treasurer's deposits did not obligate bank any further,nor give surety any greater rights, than law would have done in absenceof such agreement, with possible exception of attorney's fees and expenses;there being implied obligation, in absence of contrary agreement, thatprincipal will indemnify surety against loss. (Ib.)



Courts—Holdings that surety on bank's bond for payment of deposits can not recoverfrom receiver on bank's indemnity agreement held not obiter dicta.

(U. S. C. C. A. 1929.) Circuit Court of Appeals' holding that surety oninsolvent bank's bond for payment of State treasurer's deposits could notrecover from receiver on indemnity agreement with bank, and SupremeCourt's holding that filing of similar claim against bank would result indouble proof detrimental to its other creditors, held not obiter dicta; itbeing both proper and necessary to ascertain what rights surety had inreaching conclusion as to whether it had certain right. (Ib.)

Courts—United States Supreme Court dicta are very persuasive.(U. S. C. C. A. 1929.) Dicta of the United States Supreme Court are very

persuasive. (Ib.)Subrogation—Until payment of general creditors, surety on bank's bond to pay

State treasurer's deposits held entitled only to subrogation to treasurer's rightsagainst bank's receiver.

(U. S. C. C. A. 1929.) Where bank had agreed to indemnify surety againstloss on its bond for payment of State treasurer's deposits up to amountwhich surety paid treasurer, the only right which surety had, until generalcreditors were paid, was to be subrogated to the treasurer's rights againstthe bank's receiver, and to receive all dividends payable to the treasurer,over and above amount added to surety's payment on bond, necessaryto satisfy his claim. (Ib.)

SURETY ON BOND TO SECURE COUNTY DEPOSITS

A surety for part of an indebtedness does not, through the expedient of taking aseparate indemnity agreement from the debtor, equip himself to compete with thesecured creditor in the distribution of the debtor's assets when the debtor becomesinsolvent and the surety's obligation has been paid. »

(U. S. Sup. 1928.) A surety company went on the bond furnished by abank to secure repayment on demand of the deposits of a county treasurerup to a specified amount, and, as part consideration for executing the bond,took the bank's agreement to indemnify it for any liability it might there-by sustain or incur. The bank became insolvent while holding depositsof the treasurer exceeding the amount of the bond, and the surety, havingpaid that amount, sought to participate pro rata with him and his suretyin the distribution of surplus assets of the bank, basing its claim on theindemnity agreement. Held—

1. That a former judgment denying the surety the right to be subrogatedto the creditor's claim and remedies against the debtor until the creditorhad been paid in full, did not bar the surety's claim under the indemnityagreement.

2. That the indemnity claim should not be allowed. A surety for partof an indebtedness does not, through the expedient of taking a separateindemnity agreement from the debtor, equip himself to compete with thesecured creditor in the distribution of the debtor's assets when the debtorbecomes insolvent and the surety's obligation has been paid (18 F. (2d)707, reversed). (Jenkins, Receiver, et al. v. National Surety Co., 277 U. S.258.) /

STATE NOT ENTITLED TO PRIORITY UNDER COMMON LAW

Appeal and error—State, suing insolvent bank's receiver on trust theory, can not onappeal claim right of preference in distribution.

(U. S. C. C. A. 1928.) Where State sues receiver of insolvent bank on trusttheory, it is not entitled to claim on appeal right to preference in dis-tribution. State of South Dakota v. Fiman, 29 Fed. Rep. (2d series)770 affirmed. (Fiman et al. v. State of South Dakota, 29 Fed. Rep. (2dseries) 776.)

Statutes governing national banks held superior to claimed right of State of SouthDakota to preference in payment of debts due it, owing to adoption of commonlaw.

(U. S. C. C. A. 1928.) State of South Dakota, having adopted commonlaw of England, is entitled to priority of payment of all debts due it out


176 BEPORT OF THE COMPTROLLER OF THE CURRE3SFCT

of debtor's property as general rule; but national bank act (12 U. S. C.A. sees. 21-200) constitutes complete code of laws for organization, con-trol, and dissolution of national banks, and is necessarily superior to claimedright of State to preference by reason of common law. (Ib.)

DEPOSIT OF PUBLIC MONEY EXCEEDING STATUTORY LIMIT IS A TRUST FUND

Deposits of public money exceeding statutory limit, made by bank president as agentof State, held trust funds belonging to State. (Laws S. Dak., 1917, ch. 333.)

(U. S. C. C. A. 1928.) Where president of national bank, as agent of State,deposited State funds in bank exceeding limit prescribed by statute(Laws S. Dak., 1917, ch. 333), funds so deposited held to be trust fundsbelonging to State, notwithstanding bank acted illegally for long periodof time, with knowledge of State officials. (Ib.)

State, showing deposits in insolvent bank were held in trust, must show receiver hasfund in which deposit is included.

(U. S. C. C. A. 1928.) Where it was shown that bank held certain depositsof State money in trust, State, to regain its funds, must show that receiverof bank as such has in his hands common fund in which such deposit isincluded. (Ib.)

Showing that bank receiver has common fund, in which trust fiend is included,raises presumption that bank in expending funds did not use trust fund, and makesprima facie case for claimant.

(U. S. C. C. A. 1928.) Showing that bank held certain deposits in trust,and that receiver has common fund in his hands, in which deposit is in-cluded, raises presumption that bank in expending funds expended itsown and not trust fund, and therefore prima facie showing is made, enti-tling claimant to preference, unless overcome by proof of receiver. (Ib.)

Where trust funds hdd by bank are traced into certain fund, entire fund becomesone for payment of trust.

(U. S. C. C. A. 1928.) Where insolvent bank held deposits of State moneyexceeding statutory limit as trust fund, State having traced such fundsinto certain fund or property, the entire fund or property becomes onefor payment of trust. (Ib.)

Confusion of goods—Where wrongdoer knowingly mingles property with propertyof another, such other may claim whole mass or follow its proceeds.

(U. S. C. C. A. 1928.) General rule is that, where wrongdoer knowinglymingles property of another with his own in such manner that it becomesindistinguishable, true owner may claim whole mass, or, if it has beendisposed of, may follow it or its proceeds as long as he can trace them,for purpose of fastening equitable lien on property of which he has beendispossessed. (Ib.)

Trusts—Commingling of trust funds in particular fund creates equitable lien onentire fund in favor of cestui.

(U. S. C. C. A. 1928.) Where it was shown that trust funds held by bankwere commingled in particular fund, equitable lien arose in favor of cestuique trust on entire fund. (Ib.)

State's general deposit of trust fund, having been reduced to amount in vault whenbank closed, must be considered part of general fund on which State had lien.

(U. S. C. C. A 1928.) Where State made deposit in national bank of fundsexceeding statutory limit which were held in trust, but which went intogeneral account, such general deposit and fund, having been reduced toamount of cash in vault at time of closing bank, must, in absence of con-trary proof, be considered part of general fund on which State had lien.(Ib.)

National bank receiver takes assets in trust for creditors subject to defenses availableagainst bank.

(U. S. C. C. A. 1928.) Receiver of insolvent national bank stands in placeof bank, taking assets in trust for creditors subject to claims and defensesthat might have been interposed against insolvent corporation- (Ib.)



State, claiming bank held funds in trust, may trace funds into accounts of correspond-ent banks and treat them as separate accounts from general cash assets of bank.

(U. S. C. C. A. 1928.) Where State claimed as against receiver of nationalbank that deposits exceeding statutory limit were held as trust funds, itmay be permitted to trace its funds into accounts of correspondent banks,and treat them as separate accounts from general cash assets of bank.(Ib.)

Estoppel—State held not estopped by unauthorized acts of officers from claimingunlawful deposits were trust fund.

(U. S. C. C. A. 1928.) State held not estopped by unauthorized or fraudu-lent acts of its officers from claiming that deposits of State money ininsolvent bank exceeding statutory limit were held in trust. (Ib.)

State's prior right to unlawful deposits in insolvent bank held not defeated on ground•allowance would be inequitable and unjust to creditors and depositors.

(U. S. C. C. A. 1928.) State's prior right to funds in insolvent bank, whichhad been deposited unlawfully and were held in trust, held not defeatedon ground that allowance would be inequitable and unjust to creditorsand depositors of bank, since creditors can not complain if that is returnedto State to which neither bank nor receiver ever had any just title. (Ib.)

One claiming bank held trust fund must show fund increased bank's present assetsand may be taken without impairing creditors' rights.

(U. S. C. C. A. 1928.) One of the prime requisites of right to follow andregain trust funds is showing that trust fund has increased present assetsof bank, and that it may be taken therefrom without impairing rights ofcreditors. (Ib.)

BANK'S TRANSFER OF ASSETS TO SECURE SURETIES

Bank's transfer of assets to trustee to secure sureties on bonds executed by bank heldinvalid where made in contemplation of insolvency. (National banking act,sec. 52 (12 U. S. C. A., sec. 91).)

(U. S. C. C. A. 1928.) National bank's transfer of notes to trustee tosecure sureties on bonds of bank for city, county, and school districtdeposits, made in contemplation of insolvency and with view to preventthe application of the bank's assets in the manner prescribed by statute,held invalid, under national banking act, section 52 (12 U. S. C. A., sec. 91),requiring trustee to account to bank's receiver for all of bank's assetsreceived by him under trust agreement, under 12 U. S. C. A., sections 193,194. (Parks et al. v. Knapp, 29 Fed. Rep. (2d series) 547.)

ACTIONS AGAINST SHAREHOLDERS AGENT

Director, unlawfully purchasing stock for bank, could not recover against innocentshareholders purchase price from assets remaining after creditors were paid.

(U. S. D. C. 1928.) Where bank director, together with other officials, pur-chased certain stock for the bank, in violation of law, forbidding bank topurchase and hold its own shares, he was not entitled as against innocentshareholders to recover from remaining assets the amount advanced byhim as purchase price of shares standing in his name after insolvency ofbank, notwithstanding the purpose of making purchase of stock was to-get rid of president and liability of bank for payment of his salary. (Rustv. MacLaren, 29 Fed. Rep. (2d series) 288.)

INSOLVENT JOINT STOCK LAND BANK

Judgment—Decision in prior case, involving same questions and subject matterand substantially same parties, is not technically res judicata, where dismissal waswithout prejudice.

(U. S. C. C. A. 1929.) Decision of Circuit Court of Appeals in prior case,involving same subject matter and questions and substantially the sameparties, is res judicata; but where court modified its affirmance, by pro-viding that dismissal was to be without prejudice, such decision can nottechnically be regarded as res judicata. (Krauthoff v. Kansas City JointStock Land Bank of Kansas City, Mo. et al, 31 Fed. Rep. (2d series) 75.)



Receiver of joint-stock land bank, appointed under Federal farm loan act, has powerto assess stockholders. (12 U. S. C. A., sees. 192, 961, 963.)

(U. S. C. C. A. 1929.) Receiver appointed for joint-stock land bank byFederal Farm Loan Board, pursuant to Federal farm loan act (12 U. S.C. A., sees. 961,963), has power to make assessment against stockholderssimilar to power of comptroller, under national banking act (12U.S.C.A.,sec. 192), to make assessments against stockholders of bank. (Ib.)

Receiver of joint-stock land bank has right to possession of assets pledged for paymentof bonds, though debt for which assets were pledged has not been paid. (Federalfarm loan act, sec. 29; 12 U. S. C. A., sec-961.)

(U. S. C. C. A. 1929.) Receiver appointed for joint-stock land bank, underFederal farm loan act, section 29, 12 U. S. C. A., section 961, has right topossession and control of assets which are pledged to the payment of farmloan bond, even prior to time when debt for which such assets werepledged has been paid. (Ib.)

One purchasing bonds after appointment of receiver for joint-stock land bank can notquestion appointment or seek appointment of court receiver.

(U. S. C. C. A. 1929.) Plaintiff, purchasing farm loan bonds after FederalFarm Loan Board had appointed receiver for joint-stock land bank forsole purpose of bringing lawsuits and attracting legal business, is in noposition to question appointment of such receiver, or seek the appoint-ment of a receiver by the court. (Ib.)

INSOLVENT STATE BANK

Bank commissioner of Oklahoma, in taking over assets of failed bank, took themsubject to rights of creditors.

(U. S. D. C. 1929.) Bank commissioner of Oklahoma, in taking over assetsof a failed bank, occupies position analogous to that of receiver or trusteein bankruptcy for benefit of creditors of bank, and takes the assets subjectto rights of its creditors. (United States Fidelity & Guaranty Co. v.Ottawa County Nat. Bank, 32 Fed. Rep. (2d series) 368.)

Surety, paying claim of United States against failed bank, was entitled to priorityas to assets transferred to another bank assuming liabilities to unsecured depositors.(81 U. S. C. A., sees. 191, 198).

(U. S. D. C. 1929.) Under Revised Statutes, sections 3466, 3468 (31 U. S.C. A., sees. 191, 193), charging assets of insolvent principal with paymentof claim of United States and granting priority therefor, surety havingpaid sums due United States by failed bank, was entitled to priority asagainst assets transferred by State banking commissioner to another bankin consideration of its assumption of the liabilities of failed bank to itsunsecured depositors, regardless of liability of banking commissioner tothe United States, under Revised Statutes, section 3467 (31 U. S. C. A.,sec. 192). (Ib.)

Surety, paying claim due United States, was entitled to pursue assets of failed bankon theory of trust. (31 U. S. C. A., sees. 191, 193.)

(U. S. D. C. 1929.) Surety, having paid claim due United States by failedbank and becoming entitled to priority by virtue of Revised Statutes,sections 3466, 3468 (31 U. S. C. A., sees. 191, 193), was entitled topursue assets of failed bank on the theory of a trust. (Ib.)

Trusts—Persons coming into possession of trust property with notice of trust areconsidered as trustee.

(U. S. D. C. 1929.) All persons coming into possession of trust propertywith notice of trust will be considered as trustee, and bound with respectto special property to execution of trust. (Ib.)

Surety, paying deposit of county treasurer, was entitled only to share pro rata inassets of failed bank with unsecured depositors.

(U. S. D. C. 1929.) Surety, paying deposit of county treasurer in failedbank, was entitled only to share pro rata in assets of failed bank withunsecured depositors. (Ib.)



INSOLVENT PRIVATE BANK

Principal and surety—Where bankrupt partnership bank executed bond, individualpartners who obligated themselves personally and secured nonmember cosuretiesowed obligation of indemnity to such nonmember sureties, and were not entitledto contribution against them.

(U. S. D. C. 1929.) Where bankrupt partnership bank composed of manyindividuals executed bond to public officials signed by partnership, and,in addition, individual partners obligated themselves personally to paybonds and secured cosureties, nonmembers having no primary obligationfor debt, individual partners owed obligation of indemnity to nonmembersureties, and were not entitled to contribution against them, regardlessof whether individual partners be called sureties or principals, since,independent of subrogation arising as to principals, partners signing bondsare debtors to nonmembers' sureties. (In re J. H. P. Davis & Co,, 30Fed. Rep. (2d series), 937.)

INTEREST AND USURY

Usury—"Usury" is interest in excess of legal rate.(U. S. C. C. A. 1929.) "Usury7' is interest in excess of legal rate charged to

a borrower for the use of money. (Medical Arts Building Co. v. SouthernFinance & Development Co. et al., 29 Fed. Rep. (2d series), 969.)

Usury—Essential requirement in regard to usury is that broker's compensationmust come wholly from borrower.

(U. S. C. C. A. 1929.) An essential requirement in determining whetherthere is usury is that compensation of broker in effecting the transactionmust come wholly from the borrower, and not from the lender. (Ib.)

Usury—Usury generally requires intent to exact more than legal maximum for useof money.

(U. S. C. C. A. 1929.) In order to constitute usury, there generally mustexist an intent to exact more than the legal maximum for use of money.(Ib.)

Usury—Usury is special defense, and one urging it has burden of proof.(U. S. C. C. A. 1929.) Usury is a special defense, and the burden is cast

upon one urging it to prove plea of usury after prima facie case is made byintroduction of instrument. (Ib.)

Usury—Facts necessary to constitute usury must be established by preponderance ofevidence.

(U. S. C. C. A. 1929.) It is incumbent on one urging defense of usury toestablish the facts necessary to constitute usury by a preponderance ofthe evidence. (Ib.)

Usury—Sale of second bond issue at discount held not to constitute loan at usuriousinterest.

(U. S. C. C. A. 1929.) Sale of second bond issue at discount, in accordancewith agreement to that effect with broker effecting sale thereof, held notto constitute a loan at usurious interest, in view of evidence establishingthat there was no intention to evade usury laws by carrying out transac-tion in such manner. (Ib.)

Usury—Burden to make out usury is on party asserti?ig it.(U. S. D. C. 1929.) Burden to make out usury is strongly upon the party

asserting it. (In re Mansfield Steel Corporation, 30 Fed. Rep. (2d series),832.)

Usury—fourt must not decree forfeiture for usury, where transaction is susceptibleof an innocent construction.

(U. S. D. C. 1929.) Where transaction is susceptible of an innocent con-struction and can only be held usurious by wresting it from relation toother facts or by imputing to the facts a meaning which they can notreasonably bear, court must not decree a forfeiture, but uphold contract.(Ib.)



Usury—Test of usury is whether performance of contract will result in greater returnto lender than lawfully allowed and was such result intended.

(U. S. D. C. 1929.) Test of usurious contract is, Will its performanceresult in producing to lender a greater return for the use of the amountloaned than is allowed by law, and was that result intended? (Ib.) ,

Usury—Expenses incident to making loan is not compensation for use of moneyloaned as regards claim of usury.

(U. S. D. C. 1929.) Expenses incident to making loan and furnishinglender satisfactory security for its repayment can not be considered com-pensation for use of money loaned as regards claim of usury. (Ib.)

Usury—Transaction for loans in Canadian money then subject to discount andreceipt therefor of promissory notes payable in United States held not to resultin usury, where maximum state rate of interest was charged (Comp. Laws Mich.1915, sees. 5997, 5998).

(U. S. D. C. 1929.) Transaction whereby lender made loans in Canadianmoney which at time was at a discount in United States, but legal tenderat par for payment of debts in Canada, and who received therefor promis-sory notes payable in United States, held not shown to result in usuriousinterest in violation of Compiled Laws of Michigan, 1915, sections 5997,5998, where maximum rate of interest permitted thereby was charged.(Ib.)

Usury—In suit to recover penalty, claims for interest paid more than one yearprevious were barred, and plaintiffs could not avoid bar by pleading later discoveryof usury (St. CaL, 1919, p. 83).

(U. S. D. C. 1928.) In suit to recover treble interest for usury, underStatutes of California, 1919, page 83, claims for interest paid prior to oneyear before filing bill were barred, and plaintiffs could not avoid bar bypleading later discovery of usury, since statutory period is not, strictlyspeaking, a statute of limitation. (Kurzman et al. v. Commercial CreditCo., 33 "Fed. Rep. (2d series), 358.)

Usury—Statutory period within which action to recover penalty for usury may bebrought is not affected by rules as to tolling (St. CaL, 1919, p. 83).

(U. S. D. C. 1928.) Statutory period of one year within which action forrecovery of treble interest for usur}^ may be brought, under Statutes ofCalifornia, 1919, page 83, is not, strictly speaking, a statute of limitations,but creates cause of action for certain period, extinguishing it absolutelyat the end of the period, and statute is not affected by general rules as totolling of statute of limitations. (Ib.)

JURISDICTIONCEOSS REFEBENCES:

B K A N C H BANKS— Pag©BRANCH BANKS IN UNITED STATES 157

Suit brought by Federal Intermediate Credit Bank to collect promissory notes is asuit arising under the laws of the United States.

(U. S. Sup. 1928.) A suit to collect promissory notes exceeding the juris-dictional amount, brought by a Federal intermediate credit bank char-tered under the act of March 4, 1923, is, because of the plaintiff's Federalincorporation, a suit arising under the laws of the United States and withinthe jurisdiction of the district court under Judicial Code, section 24 (1).(Federal Intermediate Credit Bank of Columbia, S. C, v. Mitchell et al.,277 U. S., 213.)

Jurisdiction not affected by act of February 13, 1925, as all stock in bank is ownedb"i the United States.

(U. S. Sup. 1928.) Such jurisdiction is not affected by section 12, act ofFebruary 13, 1925, since ownership by the United States of all of theplaintiff's capital stock brings the case within the proviso of that section,(Ib.)



United States district courts have jurisdiction of suits brought by or against corpora-tions under an act of Congress.

(U. S. Sup. 1928.) Section 201 (c) of the act of March 4, 1923, supra, in theprovision that each such bank "for purposes of jurisdiction shall bedeemed a citizen of the State where it is located," governs the places wheresuit may be brought against such banks, but is in nowise inconsistent withthe general rule that district courts have jurisdiction of suits brought byor against corporations organized under an act of Congress on the groundthat they are controversies arising under Federal law. (Hermann v.Edwards, 238 U. S. 107, distinguished.)

In the absence of enactments plainly expressing that purpose, Congresswill not be held to have intended to restrict that jurisdiction. (21 F.,2d, 51, reversed.) (Ib.)

Action against national bank must be brought in place tvhere its bank is "located"(12 II. S. C. A. sec. 9Jh)

(City Court of N. Y. 1929.) Under 12 U. S. C. A., section 94, providingthat actions against national banks may be had in any district court ofUnited States within district in which bank may be established, or in Statecourt in county or city in which bank is located having jurisdiction insimilar cases, action against a national bank must be brought in the placewhere its bank is "located," which is the place specified in its organizationcertificate. (Raiola v. Los Angeles First National Trust & Savings Bank,233 N. Y. S., 301.)

Courts—Decisions of Federal courts construing Federal statute are controlling onState courts.

(City Court of N. Y. 1929.) The decisions of Federal courts construingFederal statute are controlling on State courts, where meaning of Federalstatute is to be ascertained. (Ib.)

LOANS

Drains—Bank, making loan to drainage district, acquired rights of lender, thoughtransaction was evidenced by instrument other than note (Comp. Gen. Laws, Fla.,1927, sec. 1460).

(U. S. C. C. A. 1929.) Bank, loaning money to drainage district, acquiredrights of lender intended to be conferred by Compiled General Laws,Florida, 1927, section 1460, though transaction was represented by district'sindorsement and transfer of certificate of deposit to bank, instead of byexecution of notes. (Hemphill v. Florida National Bank of Jacksonvilleet al., 30 Fed. Rep. (2d series), 892.)

Bank loaning money to drainage district to meet its interest payments due bond-holders, could, as against bondholders, apply on indebtedness district's deposit,representing taxes levied (Comp. Gen. Laws, Fla., 1927, sec. 1^60.)

(U. S. C. C. A. 1929.) Bank, loaning money to drainage district, to be usedwith other funds to make up required amount of interest on district'sbonds, and to be repaid from incoming taxes levied by district, heldentitled, as against bondholders, under-Compiled General Laws, Florida,1927, section 1460, to apply on indebtedness deposit to credit of district,representing money derived from taxes levied for payment of district'sobligations. (Ib.)

NEGOTIABLE PAPER

Bills and notes—Purchaser for value of negotiable jpaper transferable by delivery takesgood title, notwithstanding previous theft or fraud of vendor.

(U. S. C. C. A. 1929.) Purchaser for value of negotiable paper transferableby delivery, properly indorsed, takes good title thereto, even though paperhas been stolen, or vendor thereof acted fraudulently in connection withthe sale. (Pridgen v. Baugh & Sons Co., 30 Fed. Rep. (2d series), 353.)



Bonds—Creditor to whom bank delivered negotiable bonds, with instructions forpayment of draft from proceeds, took bonds as purchaser in due course, wherenotice of defect was not shown.

(U. S. C. C. A. 1929.) Creditor of bank to whom bank turned over plain-tiff's bonds with instructions to sell them and pay draft out of proceeds ofsale, remitting remainder to bank, was bona fide purchaser for value indue course of bonds, where there was no showing that creditor took withnotice of defect in bank's title. (Ib.)

Bonds—Owner of bonds, which bank delivered to creditor for payment of debt, hadburden to show that creditor took with notice.

(U. S. C. C. A. 1929.) Owner of bonds deposited in bank for safekeeping,and delivered by bank to its creditor for sale, and payment of draft withthe proceeds, had burden of proof to show that creditor of bank acted inbad faith, or had notice of defect in bank's title, and creditor was not re-quired to show that it was purchaser for value. (Ib.)

Bonds—Creditor of bank, sued by owner of bonds which creditor received frombank for application on draft, was not required to prove debt was vjorth amount ofbonds transferred.

(U. S. C. C. A. 1929.) Creditor of bank, taking bonds deposited byplaintiff, for sale thereof and application of proceeds for payment of draft,held not to have burden to show that debt on account of which proceedswere applied was actually or reasonably worth amount of bonds or proceedstherefrom, in suit by owner of bonds. (Ib.)

Bonds—Preexisting debt held valuable consideration for transfer of negotiable bonds(negotiable instruments act; C. S. N. C. sec. 3005).

(U. S. C. C. A. 1929.) Preexisting indebtedness held to constitute valuableconsideration for transfer of negotiable bonds, so as to make purchaserthereof holder in due course, under negotiable instruments act (C. S.N. C. sec. 3005.) (Ib).

Bills and notes—Drawer's blank indorsement of draft gave collecting bank no rightto sue drawee before acceptance.

(U. S. C. C. A. 1929.) Drawer's indorsement in blank of draft delivered tobank for collection gave latter no right of action against drawee prior toacceptance thereof. (In re J. H. Jackson Co. (Inc.); ex parte Whiton;33 Fed. Rep. (2d series), 81.)

Bankruptcy—Letter of hypothecation gave bank no right in draft before drawer'sadjudication in bankruptcy, where not then accepted.

(U. S. C. C. A. 1929.) Where draft, indorsed in blank by drawer anddelivered to bank for collection, had not been accepted by drawee at timeof drawer's adjudication in bankruptcy, drawer's letter hypothecatingall drafts, checks, etc., received by bank from drawer as security forlatter's obligations to bank, gave latter no right in draft prior to suchadjudication. (Ib.)

Letter pledging bills of lading, received by bank from depositor, as security for latter'sobligations, was valid and affected all future transactions in reliance thereon.

(U. S. C. C. A. 1929.) Letter of hypothecation, pledging bills of lading"now or hereafter received" by bank from or for depositor as security forall of latter's obligations to bank, was valid and affected all future transac-tions between bank and depositor in reliance thereon. (Ib.)

Bankruptcy—That transfer of bill of lading to bank as security might work pref-erence was immaterial, unless bank had reasonable cause to believe transferorinsolvent. (Bankr. act, sec. 60 (b), 11 U. S. C. A., sec. 96 (&).)

(U. S. C. C. A. 1929.) That transfer of bill of lading to bank as security forall of transferor's obligations thereto might operate as preference infavor of antecedent claim, contrary to bankruptcy act, section 60 (b),11 U. S. C. A. section 96 (b) by reason of transferor's insolvency, was im-material, unless bank had reasonable cause to believe at time of transferthat transferor was insolvent. (Ib.)



Bankruptcy—Vendor's lien on goods covered by bill of lading transferred to bankheld not affected by transferor's subsequent adjudication in bankruptcy.

(U. S. C. C. A. 1929.) Adjudication in bankruptcy did not affect vendor'slie'TJj- held by bank as security for bankrupt's obligations to it under agree-ment of hypothecation, pursuant to which bill of lading covering goodssubject to lien was transferred to bank before filing of petition; bank hav-ing right to hold draft, to which bill was attached, turn over goods todrawee on payment thereof, surrender bill of lading, and hold proceedsas security. "(Ib.)

Bills and notes—Evidence established thai note sued on was given for accommoda-tion of another, and not for bank, whose receiver could recover thereon.

(U. S. C. C. A. 1929.) Evidence that L was indebted to bank in an amountof above the legal limit, and that bank in attempt to reduce such in-debtedness sold some of L's notes to defendant, and that defendant innegotiating loan from bank turned back L's note to bank and gave hisnote payable to bank for excess over limit of L's indebtedness, whichthereupon entered on its books, as bills receivable, notes given by L andnote of defendant, held to establish that defendant's note was given forthe accommodation of L, and not for the bank, which in suit by itsreceiver could recover thereon. (Fenno v. Schulenberg, 32 Fed. Rep. (2dseries), 168.)

Bills and notes—To whom maker of paper loaned his credit is always question of fact.(U. S. C. C. A. 1929.) It is always a question of fact, to whom did the

maker of paper loan his credit? (Ib.)Bills and notes—Defense of accommodation is available only against party ac-

commodated.(U. S. C. C. A. 1929.) Defense of accommodation is only available as

against the party accommodated, the one to whom the credit is loaned.db.)

Bills and notes—Knowledge of bank suing on note that it was given for accommoda-tion of another held no defense.

(U. S. C. C. A. 1929.) Where all facts connected with transaction were fullyknown to maker executing note for accommodation of another, knowl-edge of bank suing on note of character of transaction constituted nodefense. (Ib.)

Bills and notes—Note executed to bank for accommodation of another held supportedby consideration.

(U. S. C. C. A. 1929.) Note executed by maker to bank for the accom-modation of another held supported by consideration, where bank wouldnot have taken up note of such other held by maker and included insettlement with such other if maker had not given to bank note executedfor accommodation of such other. (Ib.)

Bills and notes—Bank crediting payee with amount of draft checked out beforebank received notice of defect in payee's title held uholder for value in due course"(Rev. Gen. St., Fla., 1920, sees. 4698, 4732).

(TL S. C. C. A. 1929.) Where draft, indorsed by payee, "Pay anybank, banker, or trust company, or order," was forwarded to plaintiffbank with request for immediate credit, and on such credit being givenamount of draft was withdrawn by payee's checks before notice of anydefect in payee's title was received by plaintiff held, that plaintiff was"holder for value in due course," though amount so credited to payeewas subject to be charged back to it in case of dishonor, under RevisedGeneral Statutes, Florida, 1920, sections 4698, 4732, notwithstandingwords "Cash item. Present and collect," on draft. (American FruitGrowers (Inc.), v. Chase Nat. Bank of City of New York, 30 Fed. Eep.(2d series), 936.)

Contracts—One for tvhose benefit contract is made may sue thereon in assumpsitin his own name.

(U. S. C. C. A. 1929.) Person for whose benefit a contract is made may suethereon in assumpsit in his own name, although the engagement is notdirectly to or with him. (Millett v. Omaha Nat. Bank, 30 Fed. Rep.(2d series), 665.)79003°-



Money received—Assumpsit lies where one person has received money or its equiva-lent, which in equity and good conscience belongs to another.

(U. S. C. C. A. 1929.) Action of assumpsit lies where one person has receivedmoney, or its equivalent, under such circumstances that in e ^ i t y andgood conscience he ought not to retain it but should pay it over to another,db.)

Assignments—Assignee of note held entitled to recover as against assignor's agentpayments made by maker to agent before note's maturity.

(U. S. C. C. A. 1929.) Bank as assignee of note held entitled to recover asagainst another bank, as assignor's agent, to which maker made paymentson note before maturity, amount of such payments, under rule that personfor whose benefit contract is made may recover in his own name wheremoney or its equivalent in equity and good conscience belongs to him.(Ib.)

Set-off and counterclaim—Claim of assignee of note against insolvent bank, asassignor's agent, for payments made thereon, held proper subject of set-off in suitby receiver of insolvent bank to recover deposit.

(U. S. C. C. A. 1929.) Claim of assignee of note for payments received onnote by insolvent bank as agent of assignor held proper subject of set-off,in suit by bank's receiver to recover sum on deposit with assignee bank,since set-off could be interposed either in law or in equity. (Ib.)

Bills and notes—Whether note was sold or paid held question of fact, depending onintent, in suit to compel transferor to indorse note. (Burns' Ann. St. Ind. 1914,sec. 9089wl.)

(U. S. C. C. A. 1929.) Whether holder of note, transferring it withoutindorsement, received payment from plaintiff as purchase price of note,or as payment and discharge of same, held a question of fact, dependingon intention of parties, and particularly on intention of transferor, insuit to require him, under Burns' Annotated Statutes, Indiana, 1914,section 9089wl, to indorse note. (Lowish v. First National Bank ofMarietta, Ohio, 31 Fed. Rep. (2d series), 408.)

Bills and notes—In suit to compel transferor to indorse note, evidence held to war-rant finding that plaintiff paid, but did not purchase, note (Burns' Ann, St. Ind.1914, sec. 9089wl.)

(U. S. C. C. A. 1929.) In suit to compel transferor of note to indorse same,under Burns' Annotated Statutes, Indiana, 1914, section 9089wl, evi-dence held to warrant finding that plaintiff had paid money to defendantas payment of obligation evidenced bv note, and not as purchase price.

ab)Appeal and error—Error can not be predicated on dismissal of bill, without per-

mitting rebuttal evidence, where record does not show character of rebuttal to beoffered.

(U. S. C. C. A. 1929.) Error can not be predicated on the dismissal ofplaintiff's bill before close of defendant's evidence, without permittinghim to offer evidence in rebuttal, where the record does not indicatewhat, if any, material rebuttal evidence would have been available, hadthe case been reopened. (Ib.)

Bills and notes—Evidence held to shoio lack of delivery. (Negotiable instrumentsact, Ohio, sec. 16.)

(U. S. C. C. A. 1929.) In action against estate of deceased maker of noteby alleged accommodation indorser, to recover sum alleged to have beenpaid on note by plaintiff, evidence held to show that as between immediateparties, maker and plaintiff, there never was a delivery of the note withinmeaning of negotiable instruments act, Ohio, sec. 16 (Gen. Code, Ohio,sec. 8121), for purpose of giving effect to it as a negotiable instrument,and hence verdict was properlv directed for the defendant. (Gill v. Smith31 Fed. Rep. (2d series) 396.)"


REPORT OP THE COMPTROLLER OF THE CURRENCY 185

Bills and notes—In action against maker by alleged accommodation indorser, ver-dict held properly directed for defendant on ground that plaintiff never paid note asaccommodation indorser.

(U. S. C. C. A. 1929.) In action against estate of deceased maker of noteby alleged accommodation indorser, to recover money alleged to havebeen paid by plaintiff in satisfaction of judgment on such note, evidenceheld to show that plaintiff never paid any money as accommodationindorser, and hence verdict was properly directed for defendant. (Ib.)

Judgment—Record in another case, to which plaintiff ivas stranger, not tendingto show payment by plaintiff in satisfaction of judgment on note, held properlyexcluded,

(U. S. C. C. A. 1929.) In action against estate of deceased maker byalleged accommodation indorser, to recover money alleged to have beenpaid by plaintiff in satisfaction of judgment on note, record of courtin another case, offered by plaintiff to show payment by him in satisfactionof judgment on note, held properly excluded, where plaintiff was not partyto such suit, and there was nothing in record to indicate that paymentwas made out of any fund in which plaintiff had interest. (Ib.)

Evidence—Refusal to permit plaintiff to state whether he paid part of judgmentheld proper, where question was for court under the particular facts.

(U. S. C. C. A. 1929.) In action against estate of deceased maker byalleged accommodation indorser, to recover sum alleged to have been paidin satisfaction of judgment on note, refusal to permit plaintiff to answerquestion whether he paid part of judgment on note was proper, wrherequestion whether receipt of money by judgment creditor under theparticular facts constituted payment was matter to be determined by thecourt. (Ib.)

Bills and notes—Payee's failure to escrow, for payment of note, land acquiredunder foreclosure, was at most breach of contract not relieving of liability.

(U. S. C. C. A. 1929.) Where payee of note agreed that it would, on obtain-ing title to certain land through foreclosure of mortgages, escrow such landas security for payment of note subject to any interest it might have thereinon account of mortgages and costs and expenses of foreclosures, its failure tofulfill such agreement did not raise "estoppel, "bu t was at most breach'ofcontract which would not relieve makers from liability on notes. (Burling-ton Savings Bank of Burlington, Vt., v, Rockwell et al., 31 Fed. Rep. (2dseries), 27.)

"Estoppel" arises where one induces another to believe certain facts and the otheracts thereon to his prejudice.

(TJ. S. C. C. A. 1929.) "Estoppel" arises where one by his conduct inducesanother to believe the existence of certain state of facts and the other actsthereon to his prejudice, in which case former is estopped as against latterto deny that such state of facts existed. (Ib.)

Specific performance—Uncertain but partly executed contract by payee of noteto escrow certain land as security for payment should be enforced as far as possible.

(U. S. C. C. A. 1929.) Contract by payee of note that, as soon as it obtainedtitle to certain lands through foreclosure of mortgages, it would escrow suchlands as security for payment of note subject to its own interest therein,though manifestly uncertain and probably not enforceable as executoryagreement, should be enforced as far as possible, in view of part executionby parties. (Ib.)

Equity should require payee of note to perform agreement to escrow lands acquired inforeclosure to secure payment of note.

(U. S. C. C. A. 1929.) Where payee of note failed to fulfill agreementto escrow certain lands as security for payment subject to its own interestsin land, which was acquired by foreclosure of mortgages and invokedaid of equity, court should require it to do equity by complying withagreement and should order accounting. (Ib.)



OFFICERSCROSS REFEKENCES:

DEPOSITS—ISSUANCE OF CERTIFICATE OF DEPOSIT BY CASHIER WITHOUT PAGE

AUTHORITY 166

REPRESENTATION OF BANK BY OFFICERS

Bank was liable where officer participated in scheme to defraud depositor, thoughbank did not profit,

(U. S. C. C. A. 1929.) Bank was liable where vice president participated inscheme to defraud depositor in violation of bank's duty to receive and keepdepositor's money faithfully for his benefit, even though bank did notprofit on transaction. (National City Bank v. Carter 31 Fed. Rep.(2d series) 25.)

Bank was liable though officer participating in scheme to defraud depositor acquiredknowledge thereof for private purposes.

(U. S. C. C. A. 1929.) Bank was liable where vice president participatedin scheme to defraud depositor in violation of bank's duty to receiveand keep depositor's money faithfully for his benefit, even though vicepresident acquired his knowledge of scheme in course of conversationswith disreputable persons for his private purposes. (Ib.)

Depositor could recover from bank whose officer participated in scheme to defraud him,where depositor's imaginary illegal transaction, wherein he supposedly permittedanother to speculate in his name, was completed before bank's participation.

(U. S. C. C. A. 1929.) Depositor was not precluded from recovering againstbank whose vice president participated in scheme to defraud depositorunder doctrine "ex dolo malo non oritur actio," where any impropersubjective mental state on depositor's part was implanted there by fraud ofbank's coconspirators, and therefore parties were not in pari delicto, anddepositor's wrong, if any, consisted in imaginary transaction in whichdepositor permitted another to speculate in his name, and this transactionwas supposedly completed before bank assisted coconspirators in gettingmoney from depositor and running off with it. (Ib.)

Agreement of cashier, personally buying stock of bank, to take care of its transfer,involves no conflict between interests of himself and bank, so as to prevent it bindingbank.

(U. S. C. C. A., 1928.) Even though sale of stock in a bank, transfer ofwhich its cashier agreed with the seller to take care of, was to him individ-ually, general rule that corporation's officer can not act for it in a matterin which he is personally interested, and hence can not bind it by contractwith others in which he has a personal interest, where his and its interestsmay conflict, has no application, as no conflict between their interestscould be involved in the transfer of the stock on the books. (Dellert v.Stallman, 29 Fed. Rep. (2d series), 236.)

Persons who had sent certificates of stock in national bank and power of attorneyproperly indorsed to bank for sale, and were paid by bank, held not liable forsubsequent assessment, though transfer was not made on books; "owner." \l2U. S. C. A., sees. 63, 64.)

(U. S. C. C. A., 1928.) Where persons owning stock in national bank, ondirection of its cashier and his agreement to take care of its transfer,known by the president, sent the certificates of stock and power of attor-ney, properly indorsed, to the bank, either for delivery on a sale to thecashier personally, or to be sold for account of the owners, and bank, onreceipt thereof, paid for it, such persons were not liable for subsequentassessment by the Comptroller of Currency against them, on the theorythat they were "owners" within the meaning of 12 U. S. C. A., sections63, 64, though no transfer was made on the books. (Ib.)

Bank, receiving certificates of stock and paying for them without demand for transferstamps, held under no less obligation to make transfer on books because of absenceof stamps. {26 U. S. C. A., sec. 901[8].)

(U. S. C. C. A., 1928.) Bank, receiving certificates of stock and power ofattorney properly indorsed, though the certificates did not bear stamps, as



provided by revenue act of 1924, title 8, Schedule A, paragraph 3 (26TJ. S. C. A., sec. 901(3)), having paid for the stock without demand forstamps, was under no less obligation to make the transfer effective andprotect the seller. (Ib.)

OFFICERS, CIVIL LIABILITY OFPage

DEGREE OF CARE REQUIRED OF DIRECTORS 187LIABILITY OF DIRECTORS FOR ASSENTING TO EXCESSIVE LOANS 190RECEIVER'S SUIT AGAINST DIRECTORS 191LIMITATION OF ACTIONS 194LIABILITY OF DIRECTORS OF STATE BANK TAKING DEPOSITS WITH KNOWL-

EDGE OF INSOLVENCY 194

DEGREE OF CARE REQUIRED OF DIRECTORS

Intentional violation of national banking laws must be shown, in order to justifyrecovery against bank directors. (National bank act; 12 U. S. C. A., sec. 21et seq.)

(U. S. C. C. A., 1928.) In a suit against bank directors, based solely on aviolation of duty imposed by the national bank act (12 U. S. C. A., sec. 21et seq.), it is not enough to show a negligent violation of the act, but ineffect an intentional violation must be shown in order to justify recovery.(Gamble v. Brown et al., 29 Fed. Rep. (2d series), 366.)

National bank directors are required to use degree of care which ordinarily prudentmen would exercise under similar circumstances. {National bank act; 12 U, S,C. A., sec. 21 et seq.)

(U. S. C. C. A., 1928.) National bank act (12 U. S. C. A., sec. 21 et seq.)does not relieve directors from common-law duty to be honest and diligent,and the degree of care required in such respect is that which ordinarilyprudent men would exercise under similar circumstances. (Ib.)

National bank directors are liable for loss resulting because of failure to hold meetingto ascertain whether notes were transferred to bank.

(U. S. C. C. A., 1928.) Where directors of national bank, by failure to holdmeeting in order to ascertain whether notes had been transferred pursuantto agreement for purchase of assets of trust company, made it possible forbank officer personally interested in items transferred to abstract certainnotes therefrom and conceal shortage, they were liable for resulting loss.(Ib.)

Directors of national bank were liable for loss made possible by neglect in failing toappoint auditing committee.

(U. S. C. C. A., 1928.) Directors of national bank were liable to the bankfor losses made possible by their neglect in failure to appoint a committeeto examine or audit the affairs of the bank, in accordance with the provi-sion of by-laws requiring directors to appoint committee to exercisesupervision over business and to examine the affairs of the bank everythree months. (Ib.)

Director of experience both as lavjyer and bank director held negligent, with otherdirectors, for failure to appoint auditing committee.

(U. S. C. C. A., 1928.) Bank director, having experience both as a lawyerand director for period of years, and a member of the discount committeeof the bank, held negligent, in common with other members of the boardof directors, for failure to appoint committee to examine or audit affairsof bank in accordance with requirements of by-laws. (Ib.)

Director, declining to qualify and serve as such, held not liable for negligence of board,before election of successor, in failing to appoint auditing committee. (12 U. S.C. A., sec. 71.)

(U. S. C. C. A. 1928.) Bank director, declining to qualify and not servingas such, or taking any part whatever in activities of board of directors,held not liable for negligence of board, before his successor was elected, infailing to appoint committee to audit and examine affairs of bank, not-withstanding Revised Statutes, section 5145 (12 U. S. C. A., sec. 71), toeffect that bank directors hold office for one year and until successors areelected and have qualified. (Ib.)



Bank director, voluntarily remaining in office, though of advanced age, held liable forboard's negligence in failing to appoint auditing committee.

(U. S. C. C. A., 1928.) Bank director, voluntarily remaining in office andthereby retaining responsibilities to corporation, held liable for negligenceof board in failing to appoint committee to audit and examine affairs ofbank, notwithstanding that infirmities of advancing age made it incon-venient or difficult for him to perform duties of a director. (Ib.)

Liability as surety or indorser can not be included in determining total liability ofany person to national bank. (12'U. S. C. A., sec. 84-)

(U. S. C. C. A., 1928.) Liabilities incurred as surety or indorser for moneyborrowed by another can not be included in determining whether totalliability of such person to national bank exceeded one-tenth of its capitalstock and surplus, in violation of Revised Statutes, section 5200. (12 U. S.C. A., sec. 84.) (Ib.)

National bank may take note secured by deed of trust as security for loan. (12 U. S.C. A., sees. 24, 29.)

(U. S. C. C. A., 1928.) Revised Statutes, sections 5136, 5137 (12 U. S. C. A.,sees. 24, 29), forbidding national bank to hold possession of real estateunder mortgage, do not prohibit the taking of a note secured by deed oftrust as security for loan. (Ib.)

Directors, participating in excessive loan, were liable to bank for resulting loss, irre-spective of supposed value of security. (12 U. S. C. A. sees. 84, 93.)

(U. S. C. C. A. 1928.) Under Revised Statutes section 5239 (12 U. S. C. A.sec. 93), directors of national bank, participating in loan in excess ofamount permitted by section 5200 (12 U. S. C. A. sec. 84), were liable tobank for loss resulting in transaction, irrespective of supposed value ofsecurity at time of making loan. (Ib.)

Directors, failing to exercise ordinary diligence in examining notes transferred inpurchase of assets of trust company, were liable for resulting loss.

(U. S. C. C. A. 1928.) Where directors failed to exercise ordinary dili-gence in examining notes transferred to bank pursuant to purchase ofassets of trust company, they were responsible for losses occurring byreason of worthless notes, which ordinarily careful investigation wouldhave shown to be worthless. (Ib.)

Director, not having knowledge of excessive loan, was not liable for resulting loss.(12 U. S. C. A. sec. 84.)

(U. S. C. C. A. 1928.) Bank director, without knowledge that loan was inexcess of 10 per cent of capital and surplus of national bank, in violationof Revised Statutes section 5200 (12 U. S. C. A. sec. 84), was not liableto bank for resulting loss, in that the law expressly provides that onlythose knowingly participating therein are liable. (Ib.)

Directors held responsible for improvident loans during period when there was nodiscount committee, as required by by-laws.

(U. S. C. C. A. 1928.) Board of directors held responsible for improvidentloans during period when there was no discount committee, or report ofdiscounts to board of directors, in accordance with requirements of by-laws. (Ib.)

Directors were liable for loss through embezzlement and fraud by officer, by reasonof failure to require indemnity bond.

(U. S. C. C. A. 1928.) Bank directors were liable to bank for loss throughembezzlement and fraud of officer thereof, by reason of failure to requirean indemnity bond conditioned on faithful performance of duties asofficer of the bank. (Ib.)

Courts—Federal court in equity case is bound by provisions of equity rule withregard to amendments as interpreted by Federal courts. (Equity rule 19; 28U. S.C. A. sec. 724.)

(U. S. C. C. A. 1928.) Federal court In an equity case is bound with regardto amendments by the provisions of equity rule 19, as interpreted byFederal courts, rather than by decisions of State supreme court, withoutregard to 28 U. S. C. A. section 724, relating to conformity to practice inState courts. (Ib.)



Courts—Amendment to billy in order to m,ake pleadings correspond with proof, aftertestimony was closed. held properly permitted. (Equity rule 19.)

(U. S. C. C. A. 1928.) Under equity rule 19, amendment of pleadings, tomake them more closely correspond with proof, after the testimony wasclosed, held within discretion of court, there being no indication that de-fendants were taken by surprise or deprived of opportunity to makedefense, (Ib.)

Directors, failing to require bond from officer, were liable for loss by reason of fraudu-lent conversion of bank's m,oney.

(IJ. S. C. C. A. 1928.) Failure of directors to require indemnity bond fromofficer of bank made them liable for loss by reason of fraudulent conver-sion of bank's money, since, in case surety bond had been required, rightof action would have existed against surety to recover amount converted.(Ib.)

Directors were liable for failure to exercise due diligence in verifying credits trans-ferred by trust company on purchase of its assets.

(U. S. C. C. A. 1928.) Where bank directors failed to exercise due dili-gence in verifying credits offered by trust company after purchasingassets thereof, they were liable for loss resulting by reason of false creditsaccepted in transaction, since ordinary business caution required investi-gation of nature of assets, and particularly credits offered in exchange forassumption of liabilities of trust company. (Ib.)

Directors were not liable for loss on note irregularly discounted, but approved byboard of directors within 80 days.

(U. S. C. C. A. 1928.) Where note was discounted without seeking approvalof discount committee or board of directors, but was believed by all par-ties to be good, and was approved by the board of directors within 30days after issuance of certificate of deposit therefor, the directors werenot liable for loss by reason of payee's failure, after certificate of deposithad been assigned to holder in due course. (Ib.)

Agreement between receiver of insolvent bank and certain directors not to sue suchdirectors did not release other directors from liability for negligence.

(U. S. C. C. A. 1928.) Agreement between receiver of insolvent bank andcertain directors, consisting of a covenant not to sue such directors inconsideration of payment of certain amount, held not to release the otherdirectors from liability for negligence, on the theory that they were allliable as joint tort-feasors, since a covenant not to sue one joint tort-feasor does not amount to a release. (Ib.)

Each director is liable in personal and individual capacity for failure to performstatutory or common-law duty.

(IT. S. C. C. A. 1928.) Each director of bank is liable in his personal andindividual capacity, and may be sued alone or jointly with other directors,whether his liability is based on a failure to perform a statutory or acommon-law duty. (Ib.)

Directors are entitled to proportionate credit for certain amounts paid by otherdirectors under agreement with receiver.

(U. S. C. C. A. 1928.) Where receiver for insolvent bank entered intoagreement with certain directors not to sue them in consideration of theirpaying certain amount, other directors are entitled to proportionate creditagainst amounts for which they are liable. (Ib.)

Bank directors held liable for interest on amounts found due from date of institutionof suit against them by receiver.

(U. S. C. C. A. 1928.) Where bank directors had learned generally of in-solvent condition of bank on date they directed it to be closed, but didnot know extent of their liability for negligence, but had ample opportun-ity for investigation during period of more than 30 months before closingof bank and institution of suit against them by receiver, they were liablefor interest on amounts found due from date of institution of suit. (Ib.)



LIABILITY OF DIRECTORS FOR ASSENTING TO EXCESSIVE LOANS

Evidence—Court takes judicial notice of banking situation and method of its con-duct prior to deflation period commencing in 1920.

(U. S. D. C. 1929.) Court will take judicial notice of banking situation aridmethod and manner of its conduct prior to deflation period, which com-menced about the year 1920. (McRoberts v. Spaulding et al., 32 Fed. Rep.(2d series) 315.)

Bank directors are not liable for lawful loans made in good faith, though making waserror in judgment. {12 U. S. C. A. sec. 93.)

(U. S. D. C. 1929.) Bank directors are not liable, under Revised Statutessection 5239 (12 U. S. C. A. sec. 93), for lawful loans made in good faith,though making thereof was an error in judgment. (Ib.)

Question of improvident loans is what directors, sought to be held liable, think inmaking loans, and method and motive controlling their actions. {12 V. S. C. A.sec. 93.)

(U. S. D. C. 1929.) Question of improvident loans is not what some oneelse might think about loan, but what directors, sought to be held liable,under Revised Statutes section 5239 (12 U. S. C. A. sec. .93), think inmaking loans, and method and motive by which they were controlled intheir actions. (Ib.)

Director having no knowledge of excessive loan, and no knowledge of facts puttinghim on inquiry, can not be held for resulting loss. {12 U. S. C. A. sees. 8^, 93.)

(U. S. D. C. 1929.) Where bank director has no actual knowledge that loanis excessive under Revised Statutes section 5200 (12 U. S. C. A. sec. 84),and has no knowledge of facts which would put him on inquiry, he cannot be held for resultant loss under Revised Statutes section 5239 (12U. S. C. A. sec. 93). (Ib.)

Directors are not constructively chargeable with knowledge of cashier, to whom busi-ness has been intrusted by directors who have acted with proper precaution.

(U. S. D. C. 1929.) Bank directors are not constructively chargeable withknowledge of cashier, to whom business of bank has been intrusted bydirectors who have acted with proper precaution. (Ib.)

Absence of improper motive on bank directors' part is no defense to action for viola-tion of statute relating to excessive loans. {12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Absence of any improper motive, or desire for personalprofit on bank directors' part, is no defense to an action, under RevisedStatutes section 5239 (12 U. S. C. A. sec. 93), for violation of section 5200(12 U. S. C. A. sec. 84), relating to excessive loans. (Ib.)

Where renewal note is given for amounts already owed, court, in determining bankdirectors' liability, should look beyond giving of notes to find out real transaction.{12 U. S. C. A. sec. 93.)

(U. S. D. C. 1929.) Where several loans are made to an individual, aridlater these notes are taken up and a new note given constituting renewalfor amounts already owed, court in determining liability of bank directors,under Revised Statutes section 5239 (12 U. S. C. A. sec. 93), should lookbeyond giving of notes to find out what was real and true transaction.(Ib.)

/ / money in bank was misapplied without directors1 knowledge, subsequent "renew-als" of such paper with interest added were not new loans.

(U. S. D. C. 1929.) Where money in bank is misapplied without knowledgeor approval of directors, subsequent renewals of such paper, upon whichnothing was added but accrued interest, would not amount to new loanfor borrowed money, since "renewal" is not a loan, but is an extension oftime for payment. (Ib.)

Any rediscount purchased by bank upon which borrower was primarily liable isumoney borrowed73 within statute relating to excessive loans. {12 U. S. C. A.sec. 84.)

(U. S. D. C. 1929.) Any rediscount purchased by bank, upon which aborrower was primarily liable, must be considered as money borrowedwithin meaning of Revised Statutes section 5200 (12 U. S. C. A. sec. 84),



relating to excessive loans; phrase '''money borrowed" meaning when theborrower receives money over which he exercises dominion and which heexpressly or impliedly promises to return. (Ib.)

Bank directors held personally liable to receiver for loans knowingly made in excessof statutory limit, with interest from date of loans. (12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Where capital stock was $100,000 and surplus was$100,000, bank directors held personally liable under Revised Statutessections 5200, 5239 (12 U. S. C. A. sees. 84, 93), for loans made to borrowerin excess of $20,000, with interest on each item from date loans weremade. (Ib.)

Bank directors held liable for loans exceeding statutory limit made after knowledgethat loans exceeded limit. (12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Bank directors held personally liable under RevisedStatutes section 5239 (12 U. S. C. A. sec. 93), for loans in excess of limit,under section 5200 (12 U. S. C. A. sec. 84), made after directors hadknowledge that loans to such borrower aggregated more than $20,000,where capital stock was $100,000 and surplus was $100,000. (Ib.)

Where loans to husband and wife together exceeded limit, but separately did not,directors were not liable. (12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Where loans to husband and wife together exceededlimit, under Revised Statutes section 5200 (12 U. S. C. A. sec. 84), of$20,000, where capital stock was $100,000, and surplus was $100,000, butloans to each did not exceed $20,000, and loans to wife were made in goodfaith upon her security, directors were not personally liable under section5239 (12 U. S. C. A. sec. 93). (Ib.)

Bank directors having no notice of excessive loans to borrower held not personallyliable. (12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Bank directors having no notice of excessive loans,which were excessive under Revised Statutes section 5200 (12 U. S. C. A.sec. 84), to borrower, held not personally liable under section 5239 (12U. S. C. A. sec. 93). (Ib.)

Bank director purchasing borrower's note for bank, when loans to him exceededstatutory limit, held personally liable. (12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Where capital stock was $100,000 and surplus was$100,000, bank director purchasing for bank note of borrower, who wasindebted to bank in sum of $20,000, held personally liable to receiverunder Revised Statutes section 5200 (12 U. S. C. A. sec. 84), relating toexcessive loans, and section 5239 (12 U. S. C. A. sec. 93), relating todirectors' liability. (Ib.)

RECEIVER'S SUIT AGAINST DIRECTORS

Limitation of actions—Four-year limitation period under Georgia law applies toreceiver's suit against directors of insolvent national banking association foraccounting. (12 U. S. C. A. sec. 93.)

(XL S. D. C. 1929.) Four-year period of limitation prescribed by Georgialaw applies to suit against directors of national banking association byreceiver for accounting, after association's failure, under 12 U. S. C. A.,section 93. (Anderson v. Gailey et al., 33 Fed. Rep. (2d series) 589.)

Limitation of actions—Each act of misconduct by directors of national bank createsseparate cause of action in bank and action for making excessive loans accrueswhen loan is made. (12 U. S. C. A. sees. 84, 93.)

(XL S. D. C. 1929.) Each act of misconduct of directors of national bankingassociation creates separate cause of action in bank against directors whoparticipated, as regards limitation on accounting suit against directors byreceiver of insolvent national banking association under 12 U. B.C. A.,section 93, and in case of excess loans under 12 U. S. C. A., section 84,right of action accrues as soon as the loan is made and the bank parts withits money. (Ib.)



National bank may not receive paper representing excess loans, and such paper leftis salvage merely. {12 U. S. C. A. sec. 84-)

(U. S. D. C. 1929.) National bank has no right to receive paper given forexcess loans in violation of 12 U. S. C. A. section 84, and if such paper isleft among the assets of the bank by the directors it is only in the natureof salvage. (Ib.)

Directors of national bank handling paper representing excessive loans owe due dili-gence. {12 U. S. C. A. sec. 84.)

(U. S. D. C. 1929.) Bank directors in handling paper representing excessiveloans in nature of salvage under 12 U. S. C. A./section 84, owe due diligenceas in handling of all bank's business. (Ib.)

Limitation of actions—Clear misconduct of bank officers gives rise to cause of actionimmediately. {12 U. S. C. A. sec. 93.)

(U. S. D. C. 1929.) Acts of clear misconduct on part of directors of nationalbank, as in making loan to insolvent person or buying and not promptlyreselling bank's stock, give rise immediately to cause of action in behalf ofbank, its stockholders, and creditors under 12 U. S. C. A., section 93, butsome neglects are not actionable until damage ensues, and as to thesestatute does not begin to run until there is a right to sue. (Ib.)

Equity—Items of account barred at law are also barred in equity.(U. S, D. C. 1929.) Where items of an account are barred by statute of

limitations at law, they are also barred in equity. (Ib.)Equity—Suit by receiver of insolvent national bank against directors for accounting

based on negligence as to loans and excessive loans was barred where causes ofaction were barred at law. {12 U. S. C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Suit by receiver of insolvent national banking associa-tion against directors for accounting under 12 U. S. C. A., section 93, basedon negligent act of directors, especially in making excessive loans contraryto 12 U. S. C. A., section 84, and in negligently handling loans, held barred,though forum was in equity, where causes of action were barred at law.(Ib.)

Limitation of actions—Limitation generally runs in favor of bank directors duringtheir continuance in office.

(U. S. D. C. 1929.) As regards liability for misconduct, directors of nationalbank are in position of agents or mandataries, and limitation generallyruns in their favor during their continuance in office. (Ib.)

Limitation of actions—-No judicial exceptions to statute are implied, unless suit islegal impossibility.

(U. S. D. C. 1929.) Where suit is a legal impossibility, judicial exceptionsto statute of limitations are implied, as where there is no competent plain-tiff or defendant or no forum to sue in, but no exceptions are implied wheresuit may be brought. (Ib.)

Corporations—Directors against whom corporation proposed bringing suit may notvote on that question.

(XJ. S. D. C. 1929.) On consideration in directors' meeting of suit by cor-poration against some of directors, directors against whom suit was pro-posed would not be qualified to vote. (Ib.)

Single stockholder may assert national bank's right to accounting against directorsafter exhausting corporate remedies. {12 U. S. C. A. sec. 93.)

(U. S. D. C. 1929.) Action may be maintained against directors of nationalbank, under 12 U. S. C. A., section 93, in behalf of bank and stockholdersby assertion of corporation's right in court by single director or stock-holder, if majority of directors are sought to be proceeded against, actioncan not be procured by reference to stockholders or election of new direc-tors and corporate remedies are thus exhausted. (Ib.)



Limitation of actions—That national bank directors, sought to be sued for accounting,were in control, did not prevent limitation from running in their favor, wherethere was no fraudulent concealment of cause of action. (12 U. S. C. A. sees. 84f93.)

(U.S. D. C. 1929.) Fact that directors of national bank sought to be suedfor accounting in behalf of bank and stockholders and creditors, under 12TJ. S. C. A., section 93, constituted majority of board and dominated it,did not prevent limitation from running in favor of directors, where therewas no fraudulent concealment of cause of action and cause of action wasnot brought for fraud, but for making excess loans contrary to 12 U. S. C. A.,section 84, and negligently handling loans. (Ib.)

Limitation of actions—Where cause of action is fraud, limitation begins only whenfraud is discovered by complainant, or could have been discovered by ordinary dili-gence. (Civ. Code, Ga. 1910, sec. 4380.)

(U. S. D. C. 1929.) Where cause of action is itself fraud cognizable inequity limitation begins to run only when fraud is discovered or could byordinary diligence have been discovered by complainant under Civil Code,Georgia, 1910, section 4380. (Ib.)

Limitation of actions—Statute postponing limitation until discovery of fraud applies,where cause of action was fraudulently concealed, provided there was actual moralfraud. (Civ. Code, Ga., 1910, sec. 4380.)

(U. S. D. C. 1929.) Civil Code, Georgia, 1910, section 4380, providing thatperiod of limitation shall run only from time of discovery of fraud, wheredefendant has been guilty of fraud by which plaintiff has been debarredor deterred from his action, applies where existence of cause of action wasfraudulently concealed, though in such case fraud must be actual moralfraud and not merely constructive. (Ib.)

Limitation of actions—Cause of action against directors of insolvent national bankfor accounting, for making excess loans and handling loans negligently, was notbased on actual fraud, so as to postpone limitation. (12- U. S. C. A. sees. 86, 93;Civ. Code, Ga., 1910, sec. 4380.)

(U. S. D. C. 1929.) Suit by receiver of national banking association inbehalf of bank, its stockholders, and creditors against directors for ac-counting under 12 U. S. C. A., section 93, for misconduct of directors inmaking excessive loans contrary to section 86, and in negligently handlingloans did not involve cause of action based on actual fraud, such that limi-tation in favor of directors would be postponed until time of discovery offraud under Civil Code, Georgia, 1910, section 4380. (Ib.)

Limitation of actions—Failure of directors of national bank to do more than makeminutes of excessive loans and enter loan transactions on records did not constitutefraudulent concealment of cause of action against them, so as to postpo7ie limita-tion. (12 U. S. C. A. sees. 84, 93; Civ. Code, Ga., 1910, sec. 4380.)

(U. S. D. C. 1929.) In suit by receiver of national banking association, inbehalf of stockholders and creditors, against directors of bank for account-ing under 12 U. S. C. A., section 93, for acts of negligence in makingexcessive loans contrary to section 84 and in negligently handling loans,failure of directors to do more than make, truthful minutes and entertransactions on records of bank, with respect to loans in which they werenot interested, did not constitute fraudulent concealment of cause of actionso as to postpone running of limitation until time of discovery of fraud,under Civil Code, Georgia, 1910, section 4380; position of director in thisrespect being no more confidential than that of attorney at law or otheragent. (Ib.)

Limitation of actions—Where action is based on agent's neglect limitation is imme-diately set in motion, though special damage and plaintiffs knowledge of unskillfulact are delayed. (Civ. Code, Ga., 1910, sec. 4380.)

(U. S. D. C. 1929.) Where unskillfulness and neglect of agent constitutecause of action, the unskillful act itself sets the limitation in motion andnot the occurrence of special damage, and ignorance of agent's unskillful-ness on part of plaintiff is not important; Civil Code, Georgia, 1910, section4380, postponing limitation until discovery of fraud being inapplicable.d b )



Limitation of actions—Suit against directors of insolvent national bank for accountingwas barred, so far as based on excessive loans or loans to insolvent persons madeover four years before suit, and as to renewals of loans to insolvents. {12U. S. C. A. sec. 84, 93.)

(U. S. D. C. 1929.) Suit by receiver of insolvent national banking associa-tion in behalf of stockholders and creditors against directors for accountingunder 12 U. S. C. A., section 93, held barred in so far as it involved negli-gence of directors in making excessive loans contrary to section 84 ormaking loans to insolvent persons more than four years before suit wasbrought, and recovery was also barred as to renewals where debtor wasinsolvent at time of renewal. (Tb.)

Limitation of actions—Suit against directors of insolvent national bank for accountingheld not barred as to loans in which directors were beneficially interested. {12U. S.C. A. sees. 84, 93.)

(U. S. D. C. 1929.) Suit by receiver of insolvent national banking associationin behalf of stockholders and creditors against directors thereof for account-ing under 12 U. S. C. A., section 93, for excessive loans in violation ofsection 84 and negligent handling of loans, was not barred in so far astransactions took place within four years before filing of suit, and in sofar as directors were beneficially interested in loans. (Ib.)

Loans in which national bank's directors were beneficially interested should be closelylooked into in suit against directors for accounting. {12 U. S. C. A. sec. 93.)

(U. S. D. C. 1929.) Loans made by national bank where directors werebeneficially interested in loans should be closely looked into in suit againstdirectors in behalf of stockholders and creditors for accounting under 12U. S. C. A. section 93. (Ib.)

Limitation of actions—Suit against directors of insolvent national bank for accountingheld not barred as regards continuing negligence of directors in failing to resell bankstock. {12 U. S. C. A., sec. 93.)

(U. S. D. C. 1929.) Suit by receiver of insolvent national banking associa-tion against directors thereof for accounting in behalf of stockholders andcreditors under 12 U. S. C. A., section 93, held not barred as to continuingnegligence of directors in failing to resell bank's stock so long as it wassalable without committing fraud on purchaser. (Ib.)

LIMITATION OP ACTIONS

Liability of bank director to shareholders for negligent acts was barred after affairsof bank had been fully administered and creditors paid.

(U. S. D. C. 1928.) Where shareholders made no complaint relative tonegligence of director in administration of affairs of bank until afteraffairs of bank had been fully administered, creditors all paid, and cost ofadministration met, any liability existing by reason thereof was barredon ground of laches. (Rust v. MacLaren, 29 Fed. Rep. (2d series), 288.)

Equity—Facts found by master, and not excepted to, must be regarded as true onexceptions to report.

(U. S. D. C. 1928.) Facts found by master from proofs taken which werenot excepted to must be regarded on exceptions to report as the true factsof the case. (Ib.)

LIABILITY OF DIKECTORS OF STATE BANK TAKING DEPOSITS WITH KNOWLEDGEOF INSOLVENCY

Liability of directors of State bank taking deposits with knowledge of insolvency.(U. S. Sup. 1928.) A State statute making a bank director individually

liable for deposits, the receipt of which by the bank was assented to byhim with knowledge that it was insolvent, and which provides that hisfailure to examine the bank's affairs to learn of its condition shall chargehim with knowledge of its insolvency, and that in suits against him forsuch deposits the fact of insolvency when the deposits were received shallbe prima facie evidence that the director both knew of the insolvency andassented to the deposits, held consistent with due process of law. Thestatute might have made directors liable to depositors in every case. Byaccepting the office they assume the risks it imposes. (122 Kans. 675,691, affirmed.) (Ferry v. Ramsey et al.: Harris, executor, v. Ramsey et aL,277 U. S., 88.)



OFFICERS, CRIMINAL LIABILITY OFPage

WILLFUL MISAPPLICATION OF FUNDS 195

AIDERS AND ABETTORS 198

WILLFUL MISAPPLICATION OF FUNDS

Fictitious transactions amounting to additional loan to insolvent customer withoutadditional security held "misapplication" of bank's funds. (12 U. S. C. A.sec. 592.)

(U. S. C. C. A. 1929.) Where vice president of bank, believing that insolventcustomer, who owed large amount to bank inadequately secured, couldborrow money elsewhere, released warehouse receipts for cotton heldby bank as collateral, which customer attached to drafts, so as apparentlyto evidence sales of cotton, and then discounted drafts and creditedcustomer's account with proceeds, which customer immediately disbursedto meet checks, and thereafter drafts came back without being discounted,result being that customer's indebtedness to bank was greatly increasedwithout giving additional security, held, that transaction constituted a"misapplication" of bank's funds, within 12 L). S. C. A. section 592.(Robinson v. United States, 30 Fed. Rep. (2d series) 25.)

Bank officer's loan to insolvent customer without knowledge of superiors and withoutadditional security constitutes misapplication of bank's funds. (12 U. S. C. A.sec. 592.)

(U. S. C. C. A. 1929.) When a subordinate bank officer, without the knowl-edge or approval of his superior officers or directors, makes a loan toinsolvent customer, who owes indebtedness to bank in an amount morethan bank ever expected to be able to collect, without any additionalsecurity, he thereby misapplies funds of bank, within 12 U. S. C. A. sec-tion 592. (Ib.)

Inference of intent to defraud, bank COM not be avoided, where bank officer intentionallymisapplies bank's funds by obtaining money by false pretense. (12 U. S. C. A.bee OK/K/.)

(U. S. C. C. A. 1929.) When a bank officer, who misapplies funds of bankintends the misapplication, and for that purpose gets money out of bankby any kind of false pretense, inference of intent to injure or defraudbank, in violation of 12 U. S. C. A. section 592, can not be avoided. (Ib.)

That loan on fictitious security might be collectible did not prevent transaction beingmisapplication of bank's funds. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1929.) That loan made by vice president of bank on fictitioussecurity might be good and collectible did not prevent transaction frombeing a misapplication of bank's funds by fraud and deceit, in violationof 12 U. S. C. A. section 592. (Ib.)

Criminal law—Trial errors should be disregarded by appellate courtf where verdictof guilty was plainly only verdict which jury could rightly render.

(U. S. C. C. A. 1929.) Where verdict of guilty of offense charged was plainlyonly verdict which jury could rightly render, appellate court may andshould disregard errors in procedure and evidence at trial, and rulingsof court in connection with charging jury. (Ib.)

Intent to deceive responsible bank officers as to character of paper carried as bankasset constitutes uintent to defraud," though no pecuniary injury to bank isintended. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1929.) The intent to deceive higher officers of bank as tocharacter of paper, which is being carried as a bank asset, constitutes"intent to defraud" the bank, within 12 U. S. C. A. section 592, making itan offense to misapply funds of bank, even though pecuniary injury tothe bank is not intended and does not occur. (Ib.)

Word "funds" in statute denouncing misapplication of bank's funds, might includeboth money and ucreditsy" if they were not specified. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1929.) The word '-'funds," in 12 IT. S. C. A. section 592,making it an offense to misapply "money, funds or credits" of bank, is aninclusive one, and might include both money and credits, if they were notspecified; "credits" referring to obligations or debts of others to the bank.(Ib.)



Substitution of nonequivalent collateral for valuable collateral on substitution ofnew paper for matured paper constitutes misapplication of bank's funds, (12U. S. C. A. sec. 592.)

(U. S. C. C. A. 1929.) If on the substitution of new paper for matured paperheld by bank, valuable collateral is surrendered, and nonequivalentsecurity substituted, the funds of the bank are misapplied, in violationof 12 U. S. C. A. section 592. (Ib.)

Whether vice president's acceptance of insolvent customer's renewal paper of samevalue as that which matured constituted willful misapplication of bank's fundsheld jury question. {12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1929.) Where there was evidence that responsible managersof bank fully understood that customer was insolvent and deliberatelyentered on policy of cooperating with him in extending indebtedness,and even making new loans for purpose of minimizing bank's inevitableloss, and that vice president knew of policy and was authorized to someextent to carry it out, held, that vice president's action in extending timeto customer by accepting new paper of same character and value as thatwhich had matured was not a willful misapplication of funds or creditsof bank as matter of law, in violation of 12 U. S. C. A. section 592, but itwas a question for jury to determine. (Ib.)

Criminal law—After trial court has ruled that certain theory of defense vnll be utterlyrejected, counsel are under no obligation to go further to point out distinctions.

(U. S. C. C. A. 1929.) When trial court makes ruling which is right in generalway, but which counsel thinks not applicable for special reasons, it maybe duty of counsel to present to court the precise distinction on whichthey depend, but after court has ruled that a certain theory of defensewill be utterly rejected, counsel are under no obligation to go further. (Ib.)

Criminal law—Reversible error having been found as to five out of nine counts onwhich sentences were concurrent, sentences on affirmed convictions will bereversed and case remanded for resentencing.

(U. S. C. C. A. 1929.) Where defendant was convicted on each of nine countsof indictment, and sentenced to same term of imprisonment on each count,sentences to run concurrently, and to pay a fine on each count, and appellatecourt found no error as to the four counts, and reversible error as to thefive counts, held that convictions on said four counts will be affirmed, butsentences thereon will be reversed, and case remanded for resentencing.(Ib.)

Indictment and information—Indictment is sufficiently certain if it contains everyelement of offense charged and apprises defendant of what he must meet.

(U. S. C. C. A. 1928.) True test of sufficiency of indictment is not whetherit might possibly have been made more certain, but whether it containsevery element of offense intended to be charged, and sufficiently apprisesdefendant of what he must be prepared to meet, and, in case other pro-ceedings are taken against him for similar offense, whether record showswith accuracy to what extent he may plead former acquittal or convic-tion. (Olmstead et al. v. United States, 29 Fed. Rep. (2d series), 239.)

Indictment charging misapplication of national bank's funds by honoring insolvent'schecks against fictitious credit held sufficient as against demurrer. {12 U. S. C. A.sec. 592.)

(U. S. C. C. A. 1928.) Indictment, under Revised Statutes, section 5209(12 U. S. C. A. sec. 592), charging that president and director, havingcontrol of national bank's business, misapplied bank's funds and creditsin specified sum, with intent to defraud bank by converting them to useof corporation, which had no credit on bank's books, except a fraudulentand fictitious credit, when said defendant knew corporation was insolvent,and charging corporation's president with aiding and abetting, heldsufficient as against demurrer. (Ib.)

Indictment against president for misapplying national bank's funds need not allegemanner in which he came into control of bank's business. {12 U. S. C. A. sec.592.)

(U. S. C. C. A. 1928.) Indictment, under Revised Statutes, section 5209 (12U. S. C. A. sec. 592), charging misapplication of national bank's funds byits president having control of its business, held sufficient, as againstdemurrer, without charging manner in which he came into control. (Ib.)



Indictment charging president's misapplication of national bank's funds was notrequired to allege he acted without directors' knowledge or consent. (12 U. S. C. A.sec. 592.)

(U. S. C. C. A. 1928.) Indictment, under Revised Statutes, section 5209 (12U. S. C. A. sec. 592), against president of national bank for misapplyingbank's funds, was not required to allege that, in misapplying funds of thebank, he acted without knowledge or consent of directors. (Ib.)

Indictment for misapplication of national bank's funds by honoring corporation'schecks against fictitious credit imported knowledge thai credit was fictitious. (12U. S. C. A. sec. 592.)

(U. S. C. C. A. 1928.) Indictment, under Revised Statutes, section 5209(12 U. S. C. A. sec. 592), charging that president of national bank, withintent to injure and defraud bank, feloniously misapplied specified sum ofbank's funds by turning over said funds to a corporation on its checks,when he knew that no such sum stood to its credit, except a false, fraud-ulent, and fictitious credit, imported knowledge that said corporation'scredit was in fact fictitious. (Ib.)

Indictment and information—If defendants desired greater certainty as to characterof misapplication of bank's funds charged in indictment, they should have askedfor it by special demurrer or bill of particulars. (12 U. S. C. A., sec. 592,)

(U. S. C. C. A. 1928.) Where indictment, under Revised Statutes, section5209 (12 U. S. C. A. sec. 592), for misapplication of national bank's funds,alleged all elements of offense, and clearly specified mariner in which mis-application was made, defendants, if they desired greater certainty as tocharge, should have asked for it by special demurrer or demand for billof particulars. (Ib.)

Whether defendant, charged with misapplying bank's funds, acted in good faith inrelying on alleged anticipated proceeds of trade acceptances to meet corporation'sfictitious checks, held jury question. (12 U. 3. C. A. sec. 592.)

(U. S. C. C. A. 1928.) In prosecution under Revised Statutes, section5209 (12 U. S. C. A. sec. 592), against president and director of nationalbank for misapplication of bank's funds by honoring checks of insolventcorporation against fictitious credits created by depositing fictitious checkson distant banks, and against president of such corporation as aider andabetter, whether defendants acted reasonably and in good faith, in relyingon alleged anticipated proceeds from trade acceptances to meet such ficti-tious checks, held question for jury. (Ib.)

Criminal law—Any error in overriding objection to question held not reversible, wherequestion was not answered, and no specific objection was taken to subsequentquestion.

(XL S. C. C. A. 1928.) Any error in overruling objection that question calledfor contents of written instruments on theory that such instruments werein defendants' possession, and hence not available to government, heldnot prejudicial, where question was not answered, and no specific objectionwas taken to subsequent question, which added little to what had alreadybeen testified to without objection. (Ib.)

Government must make case within indictment charging misapplication of nationalbank's funds, but need not establish in full every allegation thereof. (12 U. S. C.A. sec. 592.) •*'

(XL S. C. C. A. 1928.) Government must make a case within the scope ofindictment charging misapplication of national bank's funds, in violationof Revised Statutes, section 5209 (12 U. S. C. A. sec. 592), but this doesnot require it to establish in full every allegation therein contained. (Ib.)

Large withdrawals of national bank's funds through fictitious credits would makeprima facie case of misapplication of funds. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1928.) If president of national bank and president corpora-tion knowingly adopted scheme whereby, through fictitious credits, largesums were withdrawn from bank for benefit of corporation, and this decep-tive course was persistently pursued, a prima facie case of misapplicationof bank's funds, within Revised Statutes, section 5209 (12 U. S. C. A.sec. 592), was made out, even if corporation, though operating at loss andnearly insolvent, was not wholly insolvent, or though some wholly inade-quate security was given bank. (Ib.)



National bank's directors, stockholders, and depositors have right to have bank'sfunds loaned and paid out openly, in accordance with banking pr actice.

(U. S. C. C. A. 1928.) I t is the right of directors, stockholders, and deposi-tors of national bank to have bank's funds loaned and paid out openly inaccordance with banking practice, and not under cover of misleadingsubterfuge, regardless of whether corporation receiving such moneys wasinsolvent. (Ib.)

Instruction, in considering intent in misapplication of bank's funds to corporation,to consider corporation's financial standing and defendants' reasonable beliefin respect thereto, held sufficiently favorable. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1928.) In prosecution, under Revised Statutes, section 5209(12 XL S. C. A. sec. 592), against president of national bank, for mis-application of bank's funds by honoring corporation's checks againstfictitious credits, and against corporation's president as aider and abetter,instruction that, in considering defendants' intent to defraud bank, juryshould consider financial standing of corporation and its president anddefendants' reasonable belief in respect thereto, held as favorable asdefendants could ask. (Ib.)

That actual deposits exceeded amount specifically charged as misappropriated byfictitious credits created no presumption that checks were paid out of actual deposits,question being for jury. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1928.) In prosecution under Revised Statutes, section 5209(12 U. S. C. A. sec. 592), against president of national bank for misappli-cation of bank's funds by means of fictitious credits extended to corpora-tion, fact that corporation's real deposits exceeded misapplicationsspecifically charged in indictment did not create legal presumption thatchecks counted on as means of unlawful diversion were payable and paidout of such actual deposit, but it was question for jury. (Ib.)

That checks referred to in indictment for misapplication of bank's funds by fictitiouscredit were honored by cashier's checks held not to create variance. (12 U. S. C. A.sec. 592.)

(U. S. C. C. A. 1928.) In prosecution, under Revised Statutes, section 5209(12 U. S. C. A. sec. 592), against president of national bank for mis-application of bank's funds by honoring checks against fictitious credit,fact that some of checks referred to in indictment by means of which fundswere withdrawn from bank were honored in first place by issuing cashier'schecks, held not to create a variance. (Ib.)

Indictment and information—Indictment need not negative all possible defenses, norset forth merely evidentiary facts.

(U. S. C. C. A. 1928.) It is not necessary in an indictment to negative allpossible defenses, or to set forth merely evidentiary facts. (Ib.)

There is no presumption that directors authorized bank officer to issue cashier'scheck without consideration from his issuance thereof. (12 U. S. C. A. sec. 592.)

(U. S. C. C. A. 1928.) There is no presumption, arising from fact that a bankofficer knowingly issues a cashier's check without consideration, thatdirectors authorized illegal transaction because Revised Statutes, section5209 (12 U. S. C. A. sec. 592), makes it offense for anyone withoutauthority of directors to issue a bill of exchange, which includes cashier'scheck. (Ib.)

Court will not presume national-bank directors authorized performance of criminalact by officer.

(U. S. C. C. A. 1928.) Court will not presume that board of directors ofnational bank authorized performance of a criminal act by officer thereof.(Ib.)

AIDERS AND ABETTORS

Embezzlement—If party gave note believing it would be discounted and because itwas unsatisfactory gave one afterwards paid, no criminal intent to aid and abetbank cashier in converting bank's funds could be inferred. (12 U. S. C. A.sees. 501, 591, 592.)

(U. S. C. C. A. 1929.) If defendant, in prosecution for aiding and abettingmisapplication and converting of funds of bank to use of bank's cashier,in violation of Revised Statutes, sections 5208, 5209 (12 U. S. C. A. sees.



501, 591, 592), gave company note in belief that it would be discounted,and when advised that first note was not satisfactory, immediately gavenote indorsed by another, who afterwards paid note, no criminal intent-could fairly or properlv be inferred. (Quig v. United States, 33 Fed.Rep. (2d series) 820.)

Criminal law—District attorney's opening statement thai indictment for convertinghank's funds was against defendant and cashier pleading guilty and who wouldtell truth, and that parties pleaded guilty to indictments, held error, requiringreversal. (12 U. S.C. A. sees. 501, 591, 592)

(U. S. C. C. A. 1929.) In prosecution for aiding and abetting bank cashierin misapplying and converting to other's own use of money of bank inviolation of Revised Statutes, sections 5208, 5209 (12 U. S. C. A. sees.501, 591, 592), statements of district attorney that indictment wasagainst defendant and cashier, and that the cashier pleaded guilty andwas sentenced to penitentiary and was present to do right thing by tellingtruth about matter, and that parties were arraigned and both pleadedguilty to two indictments, and that defendant made settlement and tookrelease from bank, held prejudicial, requiring reversal. (Ib.)

Criminal law—Indictments of separate offenses two years before trial for aidingand abetting bank cashiers conversion of funds held inadmissible. (12 U. S. C. A.sees. 501, 591, 592.)

(U. S. C. C. A. 1929.) In prosecution for aiding and abetting bank cashierin the misapplication and conversion of funds of bank in violation ofRevised Statutes, sections 5208, 5209 (12 U. S. C. A. sees. 501, 591, 592),indictments offered in evidence against defendant and cashier of separateand distinct offenses committed some two years prior to trial of caseheld inadmissible. (Ib.)

Criminal lavj—Where offense appears to be one of series, evidence of prior offensemay be shown as bearing on intent.

(U. S. C. C. A. 1929.) In some rare cases, such as passing of counterfeitmoney, where offense for which defendant is bemg tried appears to beone of series of offenses of like character, evidence of offense may beshown, but solely for purpose of bearing on intent with which particularact was committed for which defendant is being tried. (Ib.)

Embezzlement—Evidence sustained conviction of defendants for aiding and abettingteller in abstracting funds from bank with intent to injure and defraud bank.

(U. S. C. C. A. 1929.) Evidence held to sustain conviction of defendantsof aiding and abetting teller of bank, a member of the Federal reservesystem, in abstracting funds to the amount of a cashier's check from suchbank with intent to injure and defraud the bank. (Morgan v. UnitedStates, Hust v. Same, 31 Fed. Rep. (2d series) 385.)

Auditor's testimony as to knowledge of signatures of officers attached to stock cer-tificate authorized certificate's admission in evidence.

(U. S. C. C. A. 1929.) Auditor's testimony that he had been auditor ofbank since 1916, and that he knew signatures of officers attached to stockcertificate, and that they were genuine, authorized admission of certifi-cate in evidence. (Ib.)

Auditor of Federal reserve bank held competent to testify of his own knowledge thathank from which funds were taken was member of Federal reserve system.

(U. S. C. C. A. 1929.) Auditor of Federal reserve bank since 1916, whoknew signatures of officers attached to certificate transferring to bankinvolved shares of stock of Federal reserve bank, could testify of his ownknowledge that bank from which funds were taken was a member of theFederal reserve system, as against contention that his testimony andcertificate were not the best evidence. (Ib.)

Embezzlement—Finding that bank from which funds were abstracted was memberof Federal reserve system held warranted.

(U. S. C. C. A. 1929.) Evidence held to warrant finding that bank fromwhich defendants were charged with aiding and abetting teller in ab-stracting funds therefrom was a member of the Federal reserve system.(Ib.)79003°—-30 14



Affidavit showing that priest administered sacrament of communion to juror apartfrom rest of jury during deliberations, not showing injury, did not require newtrial

(U. S. C. C. A. 1929.) Affidavit showing that during deliberations priestadministered sacrament of communion to juror in room *shut off frompresence of other jurors, but not shown to have influenced jury in theirdeliberations, held not to require new trial, though action of bailiff inpermitting practice was to be condemned. (Ib.)

Asking jury whether defendant's counsel wanted Government to caU defendants tostand, and that law did not permit, held not comment on failure to testify, butany prejudice removed by instruction.

(IT. S. C. C. A. 1929.) Remarks of Government's attorney during argu-ment, asking jury whether defendants* counsel wanted Government'scounsel to call defendants to stand before jury and ask them a certainquestion, but that the criminal laws did not permit it, held not commenton failure of defendants to testify; but, if improper, prejudice was re-moved by court's instruction to jury not to consider statements at all.(Ib.)

ORGANIZATION

Corporations—Subscriber for stock as trustee without cestui que trust is personallybound.

(IT. S. C. C. A. 1929.) Subscriber for stock as trustee only in case wherethere is no cestui que trust is personally bound therefor, in that in suchcase there can be no trustee. (Stewart v. Ahern, 32 Fed. Rep. (2d series)864.)

REPLEVIN

Replevin—Defendant may defend on ground that third person is entitled to chattelwithout connecting defendant with latter7s title ($ivil Practice Act N. Y. Sec. 1093).

(IT. S. D. C. 1929.) Under civil practice act New York section 1093, de-fendant in action to recover personal property or its value may defendon the ground that third person is entitled to the chattel without connect-ing defendant with latter's title. (Banque De France p. Equitable TrustCo. of New York. Same v. Chase Nat. Bank of City of New York, 33Fed. Rep. (2d series), 202).

Pleading—On motion to strike out defenses to action to recover personalty, avermentthat property is not property of plaintiff is regarded as admitted.

(U. S. D. C. 1929.) In action to recover gold in possession of defendant,averment that shipment is not property of plaintiff is to be regarded asadmitted by plaintiff on motion to strike out defenses. (Ib.)

Pleading—In action to recover gold confiscated by Soviet state bank, defendant1 sallegations as to de facto Soviet Government held not to be stricken.

(U. S. D. C. 1929.) In action by Banque of France to recover gold in de-fendant's possession, alleged to have been illegally confiscated by StateBank of Soviet Union, defendant's allegation of existence of de factogovernment of Union of Soviet Socialist Republics existing to exclusion ofany previous government overthrown thereby should not be stricken; thedefendant being entitled to show any circumstances under which SovietGovernment might acquire title to property in dispute. (Ib.)

International law—Refusal of recognition of foreign government will not affectprivate rights of citizens dependent upon proof of existing conditions in such state.

(U. S. D. C. 1929.) The refusal of the political department to recognize aforeign government should not be allowed to affect private rights whichmay depend upon proof of existing conditions in such state, justice re-quiring that effect should be given by our courts to those acts of suchgovernment upon which rights of citizens depend, provided that in sodoing judicial department does not encroach upon or interefere withpolitical branch of government. (Ib.)

Evidence—Law of foreign nation is matter of proof.(U. S. D. C. 1929.) The law of a foreign nation is a matter of proof. (Ib.)



International law—Recognition of foreign government validates all acts of suchgovernment from time it existed.

(U. S. D. C. 1929.) Recognition of a foreign government, either de jure orde facto, validates all acts of such foreign government from the time itexisted. (Ib.)

Pleading—In action by Banque of France to recover gold confiscated by Soviet StateBank of Russia, defense of recognition of Soviet by French Republic held not tobe stricken.

(U. S. D. C. 1929.) In action by Banque of France to recover from defendantgold confiscated by Soviet State Bank of Russia, defense that FrenchGovernment has recognized Soviet Government of Russia, and thatplaintiff's claim must be presented through its own government, notwith-standing that United States has not recognized present government ofRussia, held not to be stricken on motion of plaintiff. (Ib.)

Pleading—In action to recover from defendant gold seized by Soviet State Bank ofRussia, defense that bank is part of Soviet Government should not be stricken,since it raises question of jurisdiction.

(U. S. D. C. 1929.) In action by Banque of France to recover from defend-ant gold seized by Soviet State Bank of Russia, defense that state bankis part of Soviet Government should not be stricken, since, notwithstand-ing Soviet Government of Russia has not been recognized by- UnitedStates, defense involves political question as to who is sovereign de factoor de jure in Russia of which the court is without jurisdiction. (Ib.)

International law—Where plaintiff's pleading shows that property sought to berecovered from defendant is claimed by foreign government, ivant of jurisdictionappears without suggestion through State Department.

(U. S. D. C. 1929.) Where plaintiff's cause of action rests upon a pleadingshowing that one claimant of property sought to be recovered is a foreigngovernment, there is no necessity for that fact to be made known to courtby formal suggestion to State Department, but the court's want of juris-diction is matter apparent from issues as framed by pleading. (Ib.)

Replevin—In action to recover personalty based on wrongful detention, demand orrefusalt or facts showing wrongful withholding without demand, must be alleged.(Civil Practice Rules New York, rule 271.)

(U. S. D. C. 1929.) A demand must be alleged in an action based merelyon wrongful detention of chattel as well as refusal to turn over chattel, orthere must be an averment of facts which show wrongful withholdingof property without demand, in view of Civil Practice Rules New York,rule 271. (Ib.)

Replevin—Demand and refusal are prerequisite to action for recovery of chattelsagainst innocent bailee of one who received chattels unlawfully.

(U. S. D. C. 1929.) In action to recover personal property, demand andrefusal must be made before action brought, although bailee has receivedchattel from one who received it unlawfully, where bailee came intopossession innocently. (Ib.)

Replevin—Trover and conversion—Refusal to deliver chattels to plaintiff, of suchcharacter as not to indicate conversion, can not be basis of action for conversion orreplevin.(U. S. D. C. 1929.) Demand for possession of chattels and refusal of defendant

to deliver them over is merely evidence of conversion, so that, if defend-ant's refusal is of such character as not to indicate conversion, it can notbe the basis of action for conversion or replevin. (Ib.)

Pleading—Defense that plaintiffs demand for return of chattel did not afford de-fendant reasonable opportunity for investigating claim of title held not subject tobe stricken.

(U. S. D. C. 1929.) In action by Banque of France to recover from defendantgold confiscated by Soviet State Bank, defense that plaintiff's demandpreliminary to suit did not afford defendant reasonable opportunity toinvestigate and determine facts relative to plaintiff's claim of ownership,held well pleaded and not subject to be stricken. (Ib.)


202 REPOET OF THE COMPTROLLER OF THE CURRENCY

Pleading—Bailee's allegations thai subsequent to plaintiffs demand defendant hadreturned chattels to bailor should be stricken as constituting no defense.

(U. S. D. C. 1929.) In action by Banque of France for recovery of goldconfiscated by Soviet State Bank, defendant's allegations that, subse-quent, to plaintiff's demand, defendant returned property to its bailor,must be stricken, since such allegations constitute no defense. (Ib.)

SHAREHOLDERSPage

ASSESSMENT OF SHAREHOLDERS OF NATIONAL BANKS 202ASSESSMENT OF SHAREHOLDERS OF JOINT STOCK LAND BANKS 204ASSESSMENT OF SHAREHOLDERS OF STATE BANKS 204CROSS REFERENCES:

ORGANIZATION—SUBSCRIBER TO STOCK AS TRUSTEE WITHOUT CESTUI QUE TRUST

IS PERSONALLY BOUND 200

ASSESSMENT OF SHAREHOLDERS OF NATIONAL BANKS

One making gift to himself of national-bank stock as trustee for minor children heldnot subject to stockholder's liability thereon. (12 U. S. C. A. sees. 62, 64, 66.)

(U. S. C. C. A. 1929.) One making a gift of national-bank stock to himselfas trustee for minor children, in good faith and without knowledge ofbank's failing condition, held not subject to stockholder's liability forassessment, under 12 U. S. C. A. sections 62, 64, since section 66 providesthat persons holding stock as trustees shall not be personally subjectto any liability as stockholders, but that estate shall be liable. (McNairv. Darragh, 31 Fed. Rep. (2d series) 906.)

Courts—National-bank shareholder's statutory liability for assessment held notbarred by State statute relating to claims against estate. (12 U. S. C. A. sees.63, 66; Gen. St. Minn. 1923, sees. 8811, 8812.)

(XL S. C. C. A. 1929.) Liability for assessment against shareholder ofnational bank, under Revised Statutes, sections 5151, 5152 (12 U. S. C. A.sees. 63, 66), a statutory liability, held not barred by General Statutesof Minnesota, 1923, sections 8811, 8812, where receiver of bank did notknow of shareholder's death until too late to file claim prior to closing ofestate. (Gilbertson v. McCarthy et al., 32 Fed. Rep. (2d series) 665.)

Person, recognizing ownership of shares recorded in his name, was liable for assess-ment after bank's insolvency.

(U. S. D. C. 1928.) Where shares stood on records of bank in the name ofperson, who by his own acts and conduct recognized his ownership thereof,he was liable on bank's insolvency for assessment as between himself andcreditors of bank extending credit on the assumption of his ownershipof the stock. (Rust v. MacLaren, 29 Fed. Rep. (2d series) 288.)

Estoppel.—Person, admitting ownership of shares, and paying assessment afterinsolvency, could not thereafter question liability.

(U. S. D. C. 1928.) Where person recognized ownership of bank sharesrecorded in his name, and paid assessments thereon after bank's insol-vency, he could not thereafter question his liability on ground that hewas not in fact the owner of the shares, since assessment should have beencontested on such ground before payment. (Ib.)

Comptroller's levying of assessment is judicial determination of necessity of assess-ment and can not be collaterally attacked.

(U. S. C. C. A. 1928.) Levying of assessment by comptroller againststockholders of insolvent national bank is judicial determination by himof necessity of such assessment, and it is conclusive and can not be collat-erally attacked. (Collins v. Caldwell, and three other cases, 29 Fed.Rep. (2d series) 329.)

Letter to comptroller, in which person assessed as stockholder stated herself to beowner of stock, held conclusive, though stock stood in deceased husband's name.

(U. S. C. C. A. 1928.) Letter to comptroller from person assessed as stock-holder of insolvent national bank, in which she stated herself to be ownerof stock, held conclusive, in absence of contrary proof, notwithstandingthat shares stood in name of deceased husband. (Ib.)



Widowj acquiring national-bank stock under husband's will, held properly assessedas stockholder, though stock did not stand in her name; u shareholder:" (12 U. S.G. A., sec. 63.)

(U. S. C. C. A. 1928.) Widow, who became owner of stock in national bankunder last will of her deceased husband, held properly assessed as stock-holder on bank's insolvency, notwithstanding that her name did notappear on books of bank as owner of stock, since real owner of sharesmay in every case be treated as " shareholder," within Revised Statutes,section 5151. (12 U. S. C. A. sec. 63), for purposes of assessment.(Ib.)

Receiver .of insolvent national bank need not exhaust remedy against transfereesbefore holding one transferring stock within 60 days before bank's failure liablefor assessment. (12 U. S. C. A. sec. 6/h)

(IT. S. C. C. A. 1928.) Person who had been owner of national-bank stock,and who had made transfer within 60 days before failure of bank, wasliable for assessment, under 12 U. S. C. A., section 64, and her liabilitywas primary, so that receiver was not required to exhaust remedy againsttransferees. (Ib.)

Courts.—Service must be made on comptroller in district where stockholders, suedfor assessment, impleaded comptroller.

(U. S. C. C. A. 1928.) Where suit was not brought by national bank to enjoinany action of comptroller, it was essential, in cross-bills by stockholdersagainst whom assessment was sought to be enforced and who impleadedthe comptroller, that service be made on him in the district. (Ib.)

Comptroller's assessment on national-bank stock is judicial determination of necessitytherefor, and amount assessable, which is conclusive upon shareholders.

(U. S. C. C. A. 1929.) Action of comptroller in ordering assessment on stockof national bank is judicial determination of necessity therefor, and ofamount assessable against each shareholder, which is conclusive uponshareholders and not subject to appeal or collateral attack. (Chase v.Hall, 30 Fed. Rep. (2d series), 195.)

Note given by insolvent bank for assumption of its liabilities by another bank repre-sents engagements for which stockholders are responsible.

(U. S. C. C. A. 1929.) Note given by insolvent bank to another bank assum-ing its liabilities to depositors, to make up deficiency between amountof assets transferred to the other bank and amount of liabilities transfereebank assumed, represents contracts, debts, and engagements of insolventbank for which stockholders are responsible. (Ib.)

That assessment was for paying judgment obtained on note given by insolvent bank,in consideration of another bank's assumption of liabilities, was no defense tostockholders.

(TJ. S. C. C. A. 1929.) Assessment against stockholders of national bankcould not be avoided by stockholders because of fact that assessment wasgiven to pay judgment obtained by another bank on note which the insol-vent bank gave together with assets, in consideration for other bank'sassumption of liabilities to depositors. (Ib.)

That stockholder was induced by national-bank officers7 fraud to buy stock is nodefense to receiver's action to recover assessment (12 U. S. G. A. sec. 64.)

(U.' S. C. C. A. 1929.) That stockholder was induced by fraud on part ofofficers of national bank to buy stock is no defense to action brought byreceiver to recover an assessment legalry made against stockholder under12 U. S. C. A. section 64. (Anderson et al. v. Cronkleton, 32 Fed. Rep.(2d series), 170.)

Constitutional law—Courts can not change plain wording of statute.(XL S. C. C. A. 1929.) Courts can not change the plain wording of a statute.

(Ib.)



National-hank stockholders were liable under statute to those who were creditors whenthey purchased as well as to those becoming creditors thereafter. (12 U. S. C. A.sec. 64.)

(U. S. C. C. A. 1929.) National-bank stockholders were liable under 12U. S. C. A., section 64, as to those who were creditors when they becamestockholders, as well as to those who became creditors thereafter. (Ib.)

National banks are quasi public institutions established by, and subject to, regulatorylaws of Congress.

(U. S. C. C. A. 1929.) National banks are quasi public institutions estab-lished by, and subject to, the regulatory laws of Congress. (Ib.)

ASSESSMENT OF SHAREHOLDERS OF JOINT-STOCK LAND BANKS

Federal Farm Loan Board held authorized to make assessment against stockholdersof insolvent joint-stock land bank and enforce their personal liability; "execution";"administration"; "direction and control" (12 U. S. C. A. sees. 812, 881 (i),(j), 6P, 651.)

(U. S. C. C. A. 1928.) Federal Farm Loan Board held authorized to makeassessment against stockholders of insolvent joint-stock land bank and toenforce personal liability of stockholders under 12 U. S. C. A., section 812;powers of board not being limited to those enumerated in section 831 plussupervisory powers set out in clauses (i) and (j), in view of sections 641,651, 961, 963, since "execution" within section 651 means putting intoforce, "administration" within section 641 means act of administering,especially direction or oversight of any office, service, or employment,and "direction and control" import authority to command what shall bedone and require obedience. (Greene v. Wheeler, 29 Fed. Rep. (2d series),468.)

Receiver of joint-stock land bank may maintain action to enforce stockholders1 liabilityfor assessment made by Federal Farm Loan Board. (12 U. S. C. A. sec. 812.)

(U. S. C. C. A. 1928.) Receiver of joint-stock land bank held to have legalright to maintain action against stockholders to enforce liability for assess-ment made by Federal Farm Loan Board under 12 U. S. C. A. section 812.(Ib.)

Statutes—Words of statute must be interpreted, to effectively accomplish purpose ofstatute, if reasonably possible.

(U. S. C. C. A. 1928.) While court can not read into statute language orpurposes not there Jx>und, such interpretation must be given to wordsemployed, if it can reasonably be done, as will effectively accomplishpurposes of statute. (Ib.)

ASSESSMENT OF SHAREHOLDERS OF STATE BANKS

Assessment of stockholders of insolvent State banks under laws of State of Georgia.(U. S. Sup., 1928.) The law in Georgia by which the superintendent of

banks may issue executions against stockholders of insolvent banks who,after notice from him, neglect to pay assessments on their stock, and whichmakes such executions liens on their property from date of issuance, isconsistent with due process of law, since the stockholders are givenopportunity to raise and try in court every possible defense by filingaffidavits of illegality.

The fourteenth amendment is not concerned with the mere form of the Stateprocedure. If the debtor does not demand a trial, the execution does notneed the sanction of a judgment.

The stockholders, by becoming such, assumed the liability imposed by thestatute. (164 Ga., 350, affirmed.) (Coffin Bros. & Co. et al. v. Bennett,277 U. S. 29.)



TAXATIONPage

FEDERAL TAXATION 205TAXATION OP CONSOLIDATING BANKS 207TAXATION UNDER DISTRICT OF COLUMBIA 207CITY TAXATION.. 208

FEDERAL TAXATION f

Internal Revenue—Bank making good its letter' of credit, and selling goods coveredat loss} held not entitled immediately to charge off loss as worthless debt; "ascer-tained" {Revenue act, 1918, sec. 234 (a) (5).)

(U. S. C. C. A. 1929.) Where bank A, on bank B's irrevocable guaranty ofpayment for buyer's account of specified quantity of sugar purchasedthrough M, and at M's request, issued its letter of credit to seller, andafter it refused to accept B's attempted revocation of the guaranty wascompelled to sell sugar at loss in making good its letter of credit, whenB refused drafts covering price, held, that it was not justified in immedi-ately charging off said loss under revenue act, 1918, section 234 (a)(5), 40 Stat. 1078, as having been "ascertained" to be a worthless debt,in absence of proof respecting the financial responsibility of B and M,who were liable to it, and where it subsequently recovered full amount ofits claim, with costs, in subsequent action against A and B. (AmericanTrust Co. v. Commissioner of Internal Revenue, 31 Fed. Rep. (2d series),47.)

Internal Revenue—Debt can not be written off as worthless for income-tax purposesmerely because it is doubtful; "ascertained." (Revenue act, 1918, sec. 234 (a) (5).)

(U. S. C. C. A. 1929.) Under revenue act, 1918, section 234 (a) (5), 40Stat. 1078, authorizing corporation, in computing its net income fortaxation, to deduct debts ascertained to be worthless and charged offwithin taxable year, a debt can not be written off as worthless merelybecause it is doubtful, but reasonable and intelligent effort must be madeto determine its value, and circumstances thus discovered must be suchas reasonably to generate belief that it is in fact worthless; "ascertain"meaning to find out, to make reasonably certain, but the ascertainmentneed not be absolute, and final judgment and return nulla bona are notalways prerequisites. (Ib.)

Internal Revenue—Regulation authorizing banks to charge off debts as worthlessfor income-tax purposes is held unavailable, in absence of specific order or generalrule authorizing it. (Revenue act, 1918, sec. 234 (a) (5).)

(U. S. C. C. A. 1929.) Internal Revenue Regulation 62, article 151 (Comm.Reg. 8226-2 C. B. 116), providing that debts charged off by banks orother corporations, in obedience to specific orders or in accordance withgeneral policy, of supervisory Federal authorities, shall be presumed worth-less for income tax purposes, held not to support deduction from bank'sgross income under revenue act, 1918, section 234 (a) (5), 40 Stat.1078, in absence of showing of specific order by public authority to chargeoff such item as worthless, or evidence of any rule, regulation, or generalinstructions authorizing it. (Ib.)

Internal revenue—Court can substitute its judgment for that of tax authorities inrejecting deduction only if there is failure to exercise real discretion or error oflaw. (Revenue act, 1921, sec. 234 (a) (4) (5).)

(U. S. C. C. A. 1928.) If Commissioner of Internal Revenue and Board ofTax Appeals exercised their discretion to reject taxpayer's claim to deduc-tion for losses under revenue act, November 23, 1921, section 234 (a)(4) (5), 42 Stat. 254, and Treasury Regulations of 1922, articles 151, 155,on legal and reasonable grounds, Circuit Court of Appeals could not sub-stitute its discretionary judgment for that of the tax authorities; but, ifthere was a failure really to exercise discretion, or error of law in its exer-cise, court must grant relief. (Rhode Island Hospital Trust Co. v. Com-missioner of Internal Revenue, 29 Fed. Rep. (2d series), 339.)


206 BEPOET OF THE COMPTROLLER OF THE CURRENCY

Internal revenue—Taxpayer's rights were not destroyed because it erroneouslysought deduction for bad debts and also addition to reserve for bad debts. (Revenueact, 1921, sec. 234 (a) (4) (5).)

(U. S. C. C. A. 1928.) That taxpayer originally sought a deduction fromprofits tax and also an addition to its reserve for bad debts, under revenueact, November 23, 1921, section 234 (a) (4) (5), 42 Stat. 254, and TreasuryRegulations of 1922, articles 151, 155, to only one of which it was entitled,did not destroy its real rights; taxpayer's rights, under conditions heredisclosed, not being determinable on merely technical grounds. (Ib.)

Internal revenue—Disallowing addition to reserve for bad debts for profits tax asresult of "guesswork " held not justified. (Revenue act, 1921, sec. 234 (o) (4) (£)•)

(U. S. C. C. A. 1928.) Taxing authorities' disallowance of trust company'saddition of $200,000 to its reserve for bad debts, for purposes of profitstax, under revenue act, November 23, 1921, section 234 (a) (4) (5), 42Stat. 254, and Treasury Regulations of 1922, articles 151, 155, on groundthat such amount was determined by "guesswork" held not justifiedunder the evidence that year in which addition was made was one in whichbanks generally faced very dangerous conditions, calling for extraordinaryprecautions, and that trust company at that time held about $23,000,000in short-time notes. (Ib.)

Internal revenue—Honest judgment of bank officials as to bank's profits for profits-tax purposes must be given substantial, if not controlling, weight.

(U. S. C. C. A. 1928.) Though the honest judgment of bank officials as toamount of profits made is not expressly made by statute prima faci6evidence for profits-tax purposes, it must, in absence of any indication oftax-dodging intent, be given very susbtantial, if not controlling, weight.(Ib.)

Internal revenue—Trust company's losses over period of years held not proper testof reasonable reserve for bad debts during year involving unusual conditions.(Revenue act, 1921, sec. 234 (a) (4) (5).)

(U. S. C. C. A. 1928.) Determination of Board of Tax Appeals that evidencedid not warrant exercise of discretion favorable to claim of trust companyfor deduction for losses and bad debts for profits-tax purposes underrevenue act, November 23, 1921, section 234 (a) (4) (5), 42 Stat. 254, andTreasury Regulations of 1922, articles 151, 155, because there was noevidence respecting losses over a period of years on which to predicate areasonable reserve for bad debts, held erroneous as matter of law, whereunusual conditions confronting banks generally during taxable year in-volved called for unusual measures. (Ib.)

Internal revenue—That corporate notes unexpectedly liquidated for larger sumthan holder believed possible when it filed profits tax return, held not controllingon question of reasonableness of bad debt-deduction. (Revenue act, 1921, sec. 23%(a) (4) (5).)

(U. S. C. C. A. 1928.) Where evidence clearly warranted trust company inconsidering its original investment of $98,000 in corporate notes as worthno more than $10,500 when it filed its profits-tax return for 1921, andclaimed deduction for bad debts under revenue act, November 23, 1921,section 234 (a) (4) (5), 42 Stat. 254, and Treasury Regulations of 1922,articles 151, 155, fact that such notes, through reorganization of corpora-tion under Federal receivership and special State legislation ultimately,but unexpectedly, liquidated for over $41,000 in 1925, had no controllingweight. (Ib.)

Internal revenue—Where taxpayer maintained reserve for bad debts, profits-taxdeductions should be charged as addition to reserve. (Revenue act 1921, sec. 234(a) (4) (5); Treasury Regulations of 1922, arts. 151, 155.)

(U. S. C. C. A. 1928.) Where taxpayer had "heretofore maintained re-serve" for bad debts subsequent deduction for bad debts, as matter oftechnically correct form, should have been charged as an addition toreserve for bad debts, under revenue act, November 23, 1921, section 234(a) (4) (5), 42 Stat. 254, and Treasury Regulations of 1922, articles 151,155. (Ib.)



Internal revenue—District court can not review Internal Revenue Commissioner'sdetermination on application for refund through special assessment.

(U. S. D. C. 1929.) The district court can not review determination ofCommissioner of Internal Revenue on application for refund throughspecial assessment, whether such determination be for or against claimant.(National Park Bank of New York v. United States. 33 Fed. Rep. (2dseries) 1006.)

Mandamus—Commissioner of Internal Revenue's refusal to consider applicationfor special assessment for tax refund is reviewahle through mandamus in Districtof Columbia.

(U. S. D. C. 1929.) Refusal of Commissioner of Internal Revenue even toconsider application for a special assessment by taxpayers seeking refundof alleged overpayment of taxes is reviewable through mandamus pro-ceedings in District of Columbia. (Ib.)

TAXATION OF CONSOLIDATING BANKS

Internal revenue—State banks amalgamated to form new bank and said new bankheld not u affiliated corporations'' for tax purposes. (Revenue act, 1918, sec.HO (b).)

(D. C. App. 1929.) Where two State banks were amalgamated into newbank under agreement providing that stock of new bank was to be paidfor by old banks transferring to new bank approved tangible assets atcertain rate, that old banks were to retire immediately from bankingbusiness, liquidate their remaining assets, and procure dissolution ofcharters within five years, and that for purpose of agreement stockholdersof each old bank should appoint trustees, to whom they were to transferall their stock, trustees to vote stock as necessary to carry out agreement,and to distribute new stock to stockholders of old banks, held, that oldbanks and new bank were not "affiliated corporations," for tax purposes,within revenue act, 1918, section 240 (a) (b), 40 Stat. 10825 and Regula-tions 45, T. D. 3146, articles 631, 633. (Lafayette-South Side Bank v.Commissioner of Internal Revenue. 33 Fed. Rep. (2d series) 646.)

Internal revenue—Good will of two banks transferred to new bank held not "investedcapital1' for tax purposes. (Revenue act, 1918, sees. 325 (a), 326 (a), subsec. 4.J

(D. C. App. 1929.) Where two State banks amalgamated by transferringtheir assets, including good will, to new bank, under written agreementproviding that no valuation should be placed on good will transferred, andthat no stock was to be actually issued therefor, held, that value of goodwill could not be included in the "invested capital" account of the newbank, under revenue act, 1918, sections 325 (a), 326 (a), subsection 4 (40Stat. 1091, 1092). (Ib.)

Internal revenue—Good will of old banks transferred to new bank held not part of"paid-in surplus" for tax purposes. (Revenue act, 1918, sec. 326 (a), subsec. 3.)

(D. C. App. 1929.) Where two State banks amalgamated by transferringtheir assets, including good will, to new bank under written agreementproviding that no valuation should be placed on good will transferred, andthat no stock was to be actually issued therefor, held, that good will didnot constitute part of "paid-in surplus," under revenue act, 1918, section326 (a), subsection 3 (40 Stat. 1092), for tax purposes. (Ib.)

TAXATION UNDER DISTRICT OF COLUMBIA

District of Columbia—Act taxing 7iational bank's gross earnings held inapplicableto interest on tax-exempt Government bonds. (Act July 1, 1902, sec. 6, par. 5,32 Stat. 619, as amended by act March 3, 1917, 39 Siat. 1047; act April 24, 1917,sec. 1; 31 U. S. C. A. sec. 746.)

(Dist. Col. C. A. 1929.) Act July 1,1902, section 6, paragraph 5, 32 Stat. 619,as amended by act March 3, 1917, 39 Stat. 1047, imposing tax on grossearnings of national»banks in District of Columbia in lieu of all other taxeson personal property thereof, does not apply to interest on Governmentbonds and other evidences of public debt, exempt from taxation under actApril 24, 1917, section 1, 31 U. S. C. A., section 746, and other acts pro-viding for bond issues. (District of Columbia v. Riggs National Bank,30 Fed. Rep. (2d series), 873.)



District of Columbia—Whether Congress may repudiate tax exemptions need not beconsidered in national bank's action to recover taxes paid on interest on Govern-ment bonds. (Act April 24, 1917, sec. 1; 31 U. S. C. A. sec. 746; act July 1,1902, sec. 6, par. 5; 32 Stat. 619, as amended by act March 3,1917, 39 Stat. 1047.)

(Dist. Col. C. A. 1929.) Whether Congress may repudiate exemptions fromtaxation in act April 24, 1917, section 1, 31 U. S. C. A., section 746, andother acts authorizing issuance of Government bonds within District ofColumbia, need not be considered in national bank's suit against Districtto recover taxes paid on interest on such bonds, under act July 1, 1902,section 6, paragraph 5, 32 Stat. 619, as amended by act March 3, 1917,39 Stat. 1047, there being nothing indicating such intention in language ofeither taxing act or bonding acts. (Ib.)

District of Columbia—Tax exemptions in bonding acts must be construed to limitpower under earlier act to tax national banks' gross earnings. (Act April 24> 1917,sec. 1; 31 U. S. C. A. sec. 746; act July 1, 1902, sec. 6, par. 5, 32 Stat. 619.)

(Dist. Col. C. A. 1929.) Act April 24, 1917, section 1, 31 U. S. C. A., section746, and other acts exempting bonds issued thereunder from taxation,having been passed long after act July 1, 1902, section 6, paragraph 5, 32Stat. 619, imposing tax on gross earnings of national banks in District ofColumbia, exceptions or exemptions in bonding acts must be construedto limit taxing power under earlier act. (Ib.)

District of Columbia—Statutes exempting bonds issued thereunder from taxation heldapplicable to District of Columbia, as well as States. (Act April 24,1917, sec. 1;31 U. S.C. A. sec. 746.)

(Dist. Col. C. A. 1929.) Act April 24, 1917, section 1, 31 U. S. C. A., section746, and other acts exempting both principal and interest of bonds issuedthereunder from all taxation, except estate or inheritance taxes, imposedby the United States, its possessions, or any State or local taxing authorityapply to the District of Columbia, as well as the States, and place alimitation on Congress, as well as State legislatures. (Ib.)

CITY TAXATION

Courts—Suit to enjoin city officers from collecting national bank tax held not one for% presentation to statutory court of three judges. (Laws N. Y., 1923, ch. 897; Rev.

St. sec. 5219, as amended by act March 4, 1923 [12 U. S. C. A. sec. 548]; Const.Amend. 14; Judicial Code, sec. 266 [28 U. S. C. A. sec. 380].)

(U. S. D. C. 1928.) Suit to enjoin receiver of taxes of the city of New Yorkand the city collector from collecting a tax on national bank stock, inaccordance with Laws of New York, 1923, chapter 897, on the groundthat such statute was in violation of Revised Statutes, section 5219, asamended by act March 4, 1923 (12 U. S. C. A., sec. 548), and Constitu-tional Amendment 14, held not to present a proper case for considera-tion by statutory court of three judges, under Judicial Code, section 266(28 U. S. C. A., sec. 380); the officers referred to in such law being ap-pointed by comptroller of the city, and having no duties except in collect-ing taxes levied by city assessing officers. (Public Nat. Bank of NewYork v. Keating, receiver of taxes, et al., 29 Fed. Rep. (2d series), 621.)

TRUSTSCROSS REFERENCE:

DEPOSITS— PageDEPOSIT OF TRUST FUNDS 163

Sales—Conditional seller, by permitting buyers to use as their own proceeds ofproperty sold, waived any right in or lien on proceeds.

(U. S. C. C. A. 1929.) Where buyers of equipment under conditional salescontract, after adding certain features, resold equipment, and received andused proceeds as their own property, with knowledge, consent, and ap-proval of conditional seller, who, because it considered buyers to be ingood financial condition, did not take assignment of contracts from sub-sequent purchasers, though buyers were ready and willing to make suchassignments, held that seller waived any right in or lien on proceeds, andwas in position of creditor of buyers on their bankruptcy. (In re Hollins& Arrouez Electric & Engineering Co., Allis-Chalmers Mfg. Co. v. Mooreet al., 31 Fed. Rep. (2d series), 50.)



Trusts-—One claiming lien on fund on theory that trust funds have been wrongfullymingled therewith has burden of tracing trust moneys into such fund.

(U. S. C. C. A. 1929.) One claiming lien against a certain fund with whichtrust funds have been wrongfully mingled has burden of proof to tracetrust moneys into such fund, and, if he is unable to identify the funds asrepresenting proceeds of his property, his claim must fail. (Ib.)

Trusts—Lien on theory of tracing trust funds can not be impressed on property notenhanced or augmented thereby.

(U. S. C. C. A. 1929.) Lien on theory of tracing trust funds can not beimpressed on property which is not shown to have been enhanced oraugmented by the unlawful application. (Ib.)

Corpus of trust fund held not part of decedents estate subject to estate taxf not-withstanding reserved right to appoint remainderman by will and revoke trust withtrustee's consent; ugeneral power of appointment." (Taxing act, February 2J+,1919, sec. 402, 402 [e].)

(U. S. C. C. A. 1928.) Corpus of trust fund held not part of decedent's netestate subject to estate tax, within taxing act February 24, 1919, section402 (40 Stat. 1097), notwithstanding that decedent had reserved power toappoint remainderman by will, to and among his issue, and to revoke'trustwith trustee's consent, since "general power of appointment" in subdivi-sion (e) contemplates power with no restrictions. (Farmers' Loan &Trust Co. v. Bowers, collector of internal revenue, 29 Fed. Rep. (2dseries), 14.)

Trusts—Power to revoke trust is not property right.(XL S. C. C. A. 1928.) Power to revoke trust is not property right, nor an

interest in property. (Ib.)Trusts—Title passes and remains fixed, for purpose of t?*ust, notwithstanding right

to revoke.(U. S. C. C. A. 1928.) Title passes to donee, and remains fixed for purpose

of trust, notwithstanding right to revoke, and until such right is exercisedestate exists by virtue of transfer. (Ib.)

Trusts—Power to revoke trust is not transferable or descendible.(U. S. C. C. A. 1928.) Power to revoke trust is not transferable or descend-

ible, nor may it be alienated or passed by will, since it is personal to holder.(Ib.)

Trusts—Absolute power to revoke trust is equivalent to general power to appoint.(U. S. C. C. A. 1928.) Absolute and unconditional power to revoke trust is

treated as equivalent to general power to appoint. (Ib.)Drawing check on trust fund and depositing it in same bank to trustee's personal

credit is not misappropriation, nor notice to bank of such purpose.(XL S. C. C. A. 1928.) In absence of statute making it so, drawing of

check in due form on trust fund and depositing it in same bank to personalcredit of trustee is neither conversion or misappropriation of fund, nornotice to bank of any such purpose. (Maryland Casualty Co. v. CityNational Bank, 29 Fed. Rep. (2d series) 662.)

Trustee's payments to bank from account in which trust funds were commingled withprivate funds held not notice of intention to misappropriate trust fund.

(U. S. C. C. A. 1928.) Where trust funds are commingled with privatefunds in personal account of trustee, bank is not bound by its knowledgeof that fact to look to manner of their disbursement, and trustee's pay-ments to bank were not notice to it of his intention to misappropriatetrust funds. (Ib.)

Surety, paying county trustee's shortage, could sue bank for funds traced to its pos-session, or aiding in misappropriation, without seeking to surcharge settlement.

(U. S. C. C. A. 1928.) Where there was no controversy as to fact andamount of county trustee's shortage, which was not discovered till aftersettlements were made, county could, without seeking to surcharge settle-ments, sue bank for wrongfully aiding in misappropriation, or for such ofits funds as it could trace to possession of bank, and surety, which paidshortage, is entitled to subrogation to that right. (Ib.)



Estoppel.—County, approving reports and settlements because of trustee's misrepre-sentations, held not estopped to recover funds from bank.

(U. S. C. C. A. 1928.) That commissioners of county made periodicalreports on trustee's account, on which settlements were made, did notconstitute estoppel, barring recovery from bank of county's funds tracedto its possession after trustee's shortage was discovered, where reports andsettlements were approved by county because of trustee's fraudulentmisrepresentations. (Ib.)

Surety, paying county trustee's shortage, may recover from bank trust funds tracedto its possession.

(U. S. C. C. A. 1928.) Surety, having paid shortage of county trustee, heldentitled to recover from bank any trust funds traced into its hands, asagainst contention that bank's title to funds paid to it by trustee wascomplete, under negotiable instruments act of Tennessee. (Acts 1899,ch. 94.) (Ib.)

Where trust and personal funds are commingled in personal account, check forpersonal obligation is presumably payable from trustee's own money.

(U. S. C C A . 1928.) Where trust funds have been commingled withpersonal funds in personal account, law presumes that drawer of checkfor personal obligation against account intends to make payment out ofhis own money. (Ib.)

To determine amount of trust money in joint account on given date, minimum bal-ance between such date and date of deposit is amount identifiable as trust fund.

(U. S. C C A. 1928.) When trust money has been deposited in jointaccount, and it must be determined how much remains on given date,minimum balance existing between that date and date of deposit is amountremaining and identifiable as trust fund, since, when trust fund has beenreduced, subsequent deposits of personal funds, without intention torestore trust fund, are not to be applied to such restoration. (Ib.)

Perpetuities—Validity of trust in lands under rule against perpetuities was deter-mined by law as it existed prior to donor's death in States in which lands werelocated.

(U. S. D. C 1928.) Validity of trust covering New York and Pennsylvanialands, as regards rule against perpetuities, was determined by commonlaw prevailing in the respective States prior to the death of the donor.(Carnahan et al. v. Peabody et al., 29 Fed. Rep. (2d series) 412.)

Perpetuities—Gift, on distribution of property after termination of 90-year trust,held void under rule against perpetuities.

(U. S. D. C 1928.) Gift under instrument placing donor's property in trustwith his partner for period of 90 years, "after which time said estate,together with the accumulations therefrom, shall be given to and dividedbetween the descendants of my two brothers," held void under ruleagainst perpetuities, because intentionally suspending vesting of remainderfor arbitrary 90-year period. (Ib.)

Trusts—Rule requiring application of donor's intention to trust overrides rules ofconstruction.

(U. S. D. C. 1928.) Rule requiring interpretation of trust according todonor's intention overrides all rules of construction. (Ib.)

Perpetuities—Trust fails where only purpose is accumulation for ultimate doneesprevented from taking by rule against perpetuities.

(U. S. D. C 1928.) Where only purpose of trust is accumulation for ulti-mate donees who are prevented from taking by rule against perpetuities,gift in trust fails. (Ib.)

WAREHOUSEMEN

. Warehousemen—Evidence sustained finding that pledgee took warehouse receipt forvalue in good faith, in replevin action by carrier to recover goods wrongfullydelivered.

(U. S. C. C. A. 1928.) In action by initial carrier, as assignee of draft andbill of lading, against pledgee of warehouse receipt, to recover possession



of goods wrongfully delivered, evidence held to sustain finding that de-fendant took warehouse receipt for value in good faith and withoutnotice. (Southern Pac. Co. v. Bank of America, 29 Fed. Rep. (2d series)465.)

Replevin—Plaintiff's recovery in replevin depends on right to possession, thoughanother has title.

(U. S. C. C. A. 1928.) Replevin is possessory action in which recoverydepends upon right to possession, and plaintiff having right to possessionmay prevail, though title is in another. (Ib.)

Warehousemen—Initial carrier taking assignment of bill of lading issued by it,after connecting carrier's wrongful delivery to warehouseman, held not entitled toreplevin goods as against bona fide pledgee of warehouse receipt.

(U. S. C. C. A. 1928.) Initial carrier issuing bill of lading, of which it subse-quently took assignment together with draft, after connecting carrier'swrongful delivery, held not entitled to replevin the goods as against bonafide pledgee of warehouse receipt issued by warehouse company to whichgoods were delivered, since connecting carrier was plaintiff's agent anddefendant had superior right of possession. (Ib.)

Warehousemen—Initial carrier can not question possession of warehouseman, orgood-faith holders of warehouse receipt, after connecting carrier's wrongful deliveryto warehouseman.

(U. S. C. C. A. 1928.) Initial carrier is not entitled to question right ofpossession of warehouse company, or persons taking warehouse receipt ingood faith and without notice, after connecting carrier's wrongful deliveryto warehouse company, since delivery of possession was plaintiff'sdelivery. (Ib.)

Appeal and error—Assignments for benefit of creditors—Proceeding against debtor'sassignee for distribution of fund is equitable, and reviewing court may considersufficiency of evidence.

(U. S. C. C. A. 1929.) Proceeding by creditors for equitable distribution offund in hands of debtor's assignee is properly instituted in court of equity,and reviewing court is not precluded from considering sufficiency of evi-dence to support findings or judgment. (McDonnell v. Bank of Chinaet al., 33 Fed. Rep. (2d series) 816.)

Pledges—To constitute "pledge," pledgee must have possession and property mustbe under creditor's control.

(U. S. C. C. A. 1929.) It is essential, to constitute a "pledge," that thepledgee have possession of the thing pledged and that the property beunder power and control of the creditor, (Ib.)

Warehousemen—Transaction whereby debtor executed note and deposited flour ascollateral security constituted pledge, irrespective of whether property could beidentified.

(U. S. C. C. A. 1929.) Transaction whereby debtor executed note to ware-house company and deposited bags of flour as collateral security consti-tuted pledge, where warehouse company had possession thereof, irre-spective of whether property could be identified, or was part of generalmass at time pledge was made. (Ib.)

Warehousemen—Warehouse company, while retaining note, could not assert rightto flour as pledgee, as against holders of warehouse receipts.

(U. S. C. C. A. 1929.) Warehouse company, while it held note of pledger,could not assert right as pledgee in any of flour deposited with it as col-lateral security, as against holders of warehouse receipts, where there wasnot sufficient flour in storage to meet demands of all. (Ib.)

Warehousemen—Insolvent warehouse company, after transfer of right in flourpledged to it, held property as agent or bailee.

(U. S. C. C. A. 1929.) Insolvent warehouse company, taking pledge offlour in storage as collateral security for note, held flour as agent or baileefor one to whom it transferred its rights as pledgee. (Ib.)



Warehousemen—Where insolvent warehouse company made assignment, holder ofreceipt covering pledged flour could participate with holders of warehouse receiptsin proceeds of flour without identifying pledged flour.

(U. S. C. C. A. 1929.) Where insolvent warehouse company, having suffi-cient flour in storage to satisfy outstanding warehouse receipts madeassignment of its property, holder of receipt covering flour pledged towarehouse company was entitled to participate in proceeds of sale offlour with holders of warehouse receipts, though pledged flour could notbe identified. (Ib.)

Warehousemen—Where insolvent warehouse gave receipt for flour pledged to it,question whether flour of certain brand came into possession of assignee of warehouseshould be determined before entering final decree for distribution of proceeds offlour.

(U. S. C. C. A. 1929.) Question whether flour of a certain brand came intopossession of assignee of insolvent warehouse company must be determinedbefore entering final decree for distribution of proceeds of flour amongholders of warehouse receipts, where certain flour was pledged to ware-house, and warehouse gave receipt for it and transferred its rights thereinto bank. (Ib.)

DECISIONS OF STATE COURTS

Mr. Thomas B. Paton, general counsel of American Bankers7 Asso-ciation, furnishes the following decisions of State courts of particularinterest to banks for the period from November 1, 1928, to October17, 1929, from the following reporters:

Atlantic Reporter 143, 144, 146, 147.Northeastern Reporter 99, 146, 164, 165, 166, 167.Northwestern Reporter 221, 222, 223, 224, 225, 226.Pacific Reporter 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280.Southern Reporter 118, 119, 120, 121, 123.Southeastern Reporter 144, 145, 146, 147, 148.Southwestern Reporter (2d) 9, 10, 11, 12, 14, 15, 16, 17, 19.New York State 231, 232, 233, 234, 236.Ohio State reports 86.Five additional decisions are taken from the New York Law

Journal.In addition reference is made by Mr. Paton to Federal decisions in

the following reporters:Supreme Court Reporter 49.Federal Reporter (2d) 28, 29, 30, 31, 32, 33, 34.These decisions are arranged in accordance with the treatment of

the subject with which they are connected in Paton's Digest.The abbreviation " P . D." refers to Pa ton's Digest to which the

various decisions have been allocated.

ACCEPTANCE AND CERTIFICATION

ACCEPTANCE AND CERTIFICATION. Necessity of acceptance in writing citingPaton's Digest opinion 15. Bank of Magazine v. Friddle, 14 S. W. (2d)(Ark.) 238. P. D. 15.5.

ACCEPTANCE AND CERTIFICATION. Interpleader between holder and drawer ofcertified check who claims no consideration. Greenberg v. World ExchangeBank (by Noonan, J.). The New York Law Journal, page 1714, January11, 1929. P. D. 45.1.



ACCEPTANCES—TRADE

NEGOTIABILITY WHERE STATEMENT IS THAT " obligation of the acceptor hereofarises out of the purchase of goods from drawee." Court notes that supremecourt refused a writ of error from case holding that negotiability was notaffected. Arrington v. Mercantile Protective Bureau, 15 S. W. (2d) (Tex.)663. P. D. 168.

ACCEPTANCES—TRADE—NEGOTIABILITY. Effect upon negotiability of: "Theobligation of the acceptor arises out of the purchase of goods from thedrawer."

"The only reasonable conclusion to be drawn from the face of these tradeacceptances is that their execution completed the contract between theparties and that the promise to pay was unqualified. We therefore concludethat the language of the obligation is no more than a statement of the con-sideration, or a reference to the origin, of the transaction, and did notdestroy the negotiability of the instruments."

Lane Co. v. Crum, 291 S. W. 1084, distinguished. "There is added inthe reported case the additional language, 'maturity being in conformitywith the original terms of purchase.'"* * * * * * *

"In the instant case the trade acceptances represent an unqualified prom-ise to pay a certain sum at a certain time; in the reported case, the tradeacceptances represent a promise to pay, qualified by an existing contractbetween the parties. We conclude, therefore, that the reported case is notcontrary to the holding in the instant case." American Exchange NationalBank v. Steeley, 10 S. W. (2d) 1038 (Tex.). P. D. 168.

ADMINISTRATION OF ESTATES

DEATH AND DECEDENT'S ESTATE. Authority of foreign corporation to act asadministrator. 280 P. (Nev.) 321. P. D. 1719.

BOOKS, INSPECTION OF

CONFIDENTIAL NATURE OF BANK RECORDS. "AS to the records of the accounts,the deposit and withdrawals, * * *. There is an implied obligation, asI see it, on the bank, to keep these from scrutiny until compelled by a courtof competent jurisdiction to do otherwise."* * * * * * *

"If the prosecutor can inspect the accounts of all policemen and theirwives, what is to prevent him from making any investigation into anyaccount of other individuals or classes which it may strike his fancy todelve into? The right of personal privacy would be gone, and the publicwould lose confidence in the institutions to which they intrusted theirassets " Brex v. Smith, 146 Atl. (N. J.) 34. P. D. 565.5.

BRANCHES

FOREIGN NATIONAL BANK MAINTAINING IN STATE, OFFICE SOLICITING BUSINESSAND GATHERING INFORMATION, HELD NOT "DOING BUSINESS" THEREINAND NOT SUBJECT TO STATE COURT'S JURISDICTION NOR SUABLE BY NON-RESIDENT (12 U. S. C. A. SEC. 24, SUBD. 7; GENERAL CORPORATION LAW,SEC. 47.) (City Court of N. Y. 1929.) National bank having its principalplace of business in California, and whose main business under 12 U. S. C, A.section 24, subdivision 7, was discounting and negotiating of commercialpaper; receiving deposits, buying and selling of exchange, coin, and bullion,loaning money on personal security, and obtaining, issuing, and circulatingof notes, none of which functions were performed by it in New York, whereit maintained office, solicited business, and gathered information, held"not doing business" in New York so as to be subject to service of processon its vice president in charge of New York office nor subject to suit bynonresident under General Corporation Law, section 47. (Raiola v. LosAngeles First Nat. Trust & Savings Bank. 233 N. Y. S. 301.) P. D. 498.5.


2 1 4 KEPORT OF THE COMPTROLLER OF THE CURRENCY

CHECKS

CHECKS—CHECKS PAYABLE TO DRAWEE BANK—EFFECT OF SUCH ORDER. "Thechecks upon the bank, signed by the president and treasurer of the plaintiffin error, to pay to the order of the bank definite sums, were authority tothe bank to pay to itself such sums, and were not authority to the bank topay such sums to any one else, and therefore, with respect to the amountin which the sums of such checks exceeded the obligations of the plaintiff inerror to the bank, the bank still occupied the position of debtor to the plain-tiff in error, and its duties with reference to such excess were the dutiesimposed by its implied contract with the plaintiff in error to pay only uponthe order of the president and treasurer." Damascus Mfg. Co. v. UnionTrust Co., 164 N. E. (Ohio) 530. P. D. 1149.

CASHIER'S CHECK LOST IN GAMBLING. Validity in hands of holder in duecourse. Manufacturers' & Mechanics' Bank of Kansas City v. TwelfthStreet Bank, 16 S. W. (2d) (Mo.) 104. P. D. 1163.1.

PAYMENT—AMBIGIOTJS CHECK PUTTING DRAWEE BANK IN DILEMMA. Thecourt said: "By drawing these checks in the manner in which they did, thusrendering it uncertain from their terms whether they were for the benefit ofthe Manual Arts Co. of J. B. Tailer, and then delivering them into thepossession of the latter, the respondents placed it in the power of Tailer tomislead the bank in paying the money to him. In such a case the plaintiffsshould suffer for the wrongful acts of Tailer."

" I t is well settled that, where an instrument is uncertain as to its terms,it is to be construed most strongly against the party thereto who causedsuch uncertainty to exist." Couture v. Ocean Park Bank, 270 Pac. (Calif.)943. P. D. 1209.1.

CHECKS WITHOUT FUNDS. Payment of Check before trial. Postdated Checks.People v. Weaver, 274 Pac. (Calif.) 361. P. D. 1260.

PERSONAL USE OF FIDUCIARY CHECKS. Liability of bank where fiduciary drawscheck to himself personally and deposits it in his personal account, mis-appropriating proceeds by paying bank and otherwise. Maryland CasualtyCo. v. City National Bank, 29 Fed. (2d) 662. P. D. 1332.5.

CHECKS WITHOUT FUNDS. Kentucky 1928 and 1926 statutes held unconsti-tutional. Element of intent to defraud omitted. Imprisonment for debt."The act is a declaration by the commonwealth to one party to a contractualtransaction, whereby he had incurred a debt to the other, that unless hepays that debt he shall be arrested, tried, convicted, fined, and imprisonedat hard labor; and this obviously not for any taint of criminality in thetransaction out of which the debt arose. For this default, unless it is purgedby paying, before conviction, his debt to the prosecuting party, and theaccrued costs of putting this coercion upon him, the debtor may be im-prisoned. There is no pretense of punishing him for giving the paper ifthe preliminary notice or demand shall have the desired effect of extortingthe money he owes. If this fails he may be branded a felon under the guiseof punishing an act which is not criminal and which does not involve ab-stract criminality or the taint of moral turpitude, and which might up tothe very moment of conviction have been shorn of even its factitious crimi-nality by the payment of the obligation." Burnam v. Commonwealth,15 S. W. (2d) (Ky.) 256. Ward v. Commonwealth, 15 S. W. (2d) (Ky.)276. P. D. 1260.3.

CHECJKS WITHOUT FUNDS CRIMINAL LIABILITY OF CORPORATE OFFICER. " When acorporation issues its check in payment of a corporate debt owing to the payee,which check is not honored for lack of funds or credit, none of the officerswho signed it in their representative capacity may be prosecuted under section1292-a of the penal law, because none of them can be regarded as either amaker, drawer, utterer, or deliverer of the check." People v. Fleishman, 232N. Y. S. 187. P. D. 1271.1.

FIDUCIARY CHECKS. Payment of personal debt to drawee bank. Charge tofiduciary account of check signed in individual name. Paying cash tofiduciary on bearer check. Checks paid after notice of a misapplication.Massachusetts Bonding & Ins. Co. v. Standard Trust & Savings Bank, 166N. E. (111.) 123. P. D. 1307.1.


RE POUT OF THE COMPTROLLER OF THE CURRENCY 215

Instrument made payable to "A, trustee" received in payment of personal debtof A in violation of trust. Notice of defect from form of instrument. Owensv. Nagel, 165 N. E. (111.) 165. P. D. 1307 Section 4 (2).

FIDUCIARY CHECKS. Draft by agent payable to bank other than drawee.Deposit of proceeds in personal account. Misapplication of trust funds insuch account. White-Dulany Co. v. Craigmont State Bank. 279 P. (Idaho)621. P. D. 1307, section 5.

PERSONAL USE OF FIDUCIARY CHECKS. Liability of depository bank, whichcredits to drawer's agent proceeds of check payable to such bank. Suchcheck as order on depository to place proceeds to drawer's credit. W. L.Chase & Co., Inc., v. Norfolk Nat. Bank of Commerce and Trusts, 145 S. E.(Va.) 725. P. D. 1330.6.

PERSONAL USE OF FIDUCIARY CHECKS.—Fiduciary's check to personal orderdeposited to his individual account and misapplied. Oregon statute. NewAmsterdam Casualty Co. v. Robertson. 278 Pac. (Oreg.) 963. P. D. 1331.5.

OVERDRAFTS

" When a bundle of checks is presented through a clearing house, all must be paidor none. The payer bank is not entitled to select checks for payment, iffunds to pay all are insufficient." Louisville & N. R. Co. v. Federal ReserveBank of Atlanta, 10 S. W. (2d) 683. P. D. 3751.5. (Inconsistent withopinions in digest.)

" Checks must be paid in the order in which they are presented. No payee has aright to demand that his check be given priority over a check that came infor payment earlier." Louisville & N. R. Co. v. Federal Reserve Bank ofAtlanta, 10 S. W. (2d) 683. P. D. 3754.5.

FINALITY OF PAYMENT OF CHECK GENERALLY. A check was paid notwithstand-ing a stop order. The reason was statements over the telephone by the bankto the holder. " I t elected to pay the check, and the transaction is closed.When the check was paid it became dead to the commercial world, mereevidence of a past transaction or indebtedness that had become extinguishedby payment. The payment, under the circumstances, was purely a volun-tary act on the part of the bank, and it can not recover the funds so paid outfrom the original payee, Russell, or anyone else." Huffman v. Farmer'sNational Bank of Cross Plains, 10 S. W. (2d) (Tex.) 753. P. D. 3764.6.

CHECKS

STOPPING PAYMENT OF CHECK. EQUITABLE PURCHASER. A drawee bank feltbound by statements over the telephone to the holder and consequentlyrefused to obey a stop order. The court held the payment purely voluntaryso as not to give the drawee any rights over against the parties to the check.Huffman v. Farmers' National Bank of Cross Plains, 10 S. W. (2d) (Tex.) 753.P. D. 4519.5.

STOPPING PAYMENT. Protection of bank by stop-payment agreement. Gaita v.Windsor Bank, 167 N. E. (N. Y.) 203. P. D. 4463.5. (This decision goesvery far in protecting the bank.)

COLLATERALPLEDGE AND COLLATERAL. Negotiability of collateral note with acceleration

provisions, etc. City National Bank v. Roberts, 165 N. E. (Mass.) 470.P. D. 3826.5.

Right of transferee of note to hold collateral for general indebtedness of party oforiginal note to it. Suggestion that collateral note form include provisionprotecting transferee in this respect. Stover Bank v. Welpman, 19 S. W.(2d) (Mo.) 740. P. D. 3891.8.

Loan of credit pledge of collateral for benefit of third person—Transfer of assetsof insolvent national banks. Federal Intermediate Credit Bank of Omahav. L'Herisson, 33 F. (2d) 841. P. D. 736.5.

79003°—30 15



PLEDGE AND COLLATERAL. Pledge for general indebtedness of pledgor—Inclusionof obligation on which he is jointly liable with another—Right of transfereeof note and collateral to hold collateral for general indebtedness of pledgorto him. 34 F. (2d) 334, modified in other respects, 34 F. (2d) 344. P. D.3891.9.

Note extra copy filed under 3816, with notation that form should specifi-cally include joint obligation of pledgor.

COLLECTIONS

COLLECTION. California bank collection statute construed. Anthony v.Crocker First National Bank, 272 Pac. (Calif.) 767. P. D. 1416.4.

Construction of Georgia statute giving priority for unpaid collection items.Kuniansky v. Mobley, 146 S. E. (Ga.) 898. P. D. 1416.4.

Application of collection agreement to deposit of public funds. Shambaugh v.City Bank of Elm Creek. 226 N. W. (Nebr.) 460. P. D. 1446.10.

Collection " credited subject to final payment." What constitutes final payment?Haas v. Opelousas St. Landry Bank & Trust Co., 119 So. (La.) 372. P. D.1447.

Bank as holder in due course for value of item deposited for collection when itpermits the depositor to withdraw the credit. Bath National Bank v. Ely N.Sonnenstrahl, 164 N. E. (N. Y.) 327. P. D. 1461.

Liability for default of correspondent—Massachusetts rule in Louisiana.(Listed as outstanding case because P. D. lists Louisiana under New Yorkrule.) Haas v. Opelousas St. Landry Bank & Trust Co., 119 So. (La.) 372.P. D. 1471.

Forwarding direct—Bank draft in payment—Custom—Banking customs gen-erally—Collection agreement—charging item back; deposit by publicofficer—statutes affecting collection. Adams County v. Meadows ValleyBank, 277 Pac. (Idaho) 575. P. D. 1471.7,

Liability of bank for selecting Federal reserve bank as correspondent in view ofpractice of latter to forward direct. " I t would be too strong a thing to saythat a national bank is guilty of negligence in clearing through a Federal reservebank, particularly when the testimony of the officers of the national bankshowed that such officers were not advised as to the particular methodemployed by the Federal reserve bank in making collections." Louisville& N. R. Co. v. Federal Reserve Bank of Atlanta, 10 S. W. (2d) 683. P. D.1481.6.

Compare last paragraph of 1481a. How can a national bank disavow knowledgeof practice of Federal reserve bank to forward direct?

FORWARDING DIRECT. Distinction between sending to drawee bank and tobank at which item is made payable. Garrett v. Merchants' Bank & TrustCo., 118 So. (Miss.) 540. P. D. 1483.7.

FORWARDING DIRECT—NEGLIGENCE. Collection bank not liable for forwardingdirect where drawee bank did not have sufficient cash to pay check afterpaying checks previously presented. Louisville & N. R. Co. v. FederalReserve Bank of Atlanta, 10 S. W. (2d) 683. P. D. 1483.8.

RECEIPT OF DRAFT OR CASHIER'S CHECK IN PAYMENT—EFFECT OF CUSTOM."The great mass of business to-day is transacted on exchange, and notwith actual money. To require a collecting bank which, for the accom-modation of a patron, has undertaken to collect for him a check or othercommercial paper which he has left with it for that purpose, to acceptnothing but legal tender, otherwise to assume all hazard attending thecollection, would place not only on the bank, but on business generally, arequirement attended by great inconvenience and delay, and accompaniedby greatly increased expense of collection. It would be impracticable andnot in harmony with the trend of modern business. The custom prevailingamong banking institutions of transacting business by means of checks,credits, and exchanges is of such general and universal nature that courts takejudicial notice thereof. Hilsinger v. Trickett, 86 Ohio St. 286, 99 N. E. 305,Ann. Cas. 1913D, 421." Cattaruza v. First National Bank of Williamson,146 S. E. (W. Va.) 393. P. D. 1554.4.



RECEIVING DEAFT IN PAYMENT. Custom. Ignorance by depositor of custom.Humble Oil & Refining Co. v. Wichita State Bank & Trust Co., U S . W.(2d) (Tex.) 644. P. D. 1554.4.

ACCEPTANCE OF DRAFT IN LIEU OF CASH. Authorizing statute. NorthCarolina. M. C. Braswell (Inc.), v. Citizens' National Bank of Raleigh,148 S. E. (N. C.) 236. P. D. 1557.3.

ACCEPTANCE OF DRAFT IN PAYMENT AS AUTHORIZED BY STATUTE. Risk ofpayment of draft on holder or on drawer. Morris v. National Bank ofNew Bern, 148 S. E. (N. C.) 253. P. D. 1568.2.

WHAT CONSTITUTES PAYMENT OF CHECK BY DRAWEE BANK. Marking "paid,"charging to drawer's account and sending of remittance draft. Insufficiencyof cash on hand and on deposit with drawee of draft to pay check or draft.Insolvent drawee bank. Moore & Dawson v. Highway Engineering &Construction Co., 144 S. E. (N. C.) 692. P. D. 1573.

AMOUNT OF WRONGFULLY DISHONORED CHECK AS TRUST FUND. HOW far isruling dependent on minority rule that there is a trust fund when draweebank collects check upon itself? Johnson v. Farmers' Bank of Clarksdale,11 S. W. (2d) (Mo.) 1090. P. D. 1589.1.

COLLECTION OF CHECK BY DRAWEE BANK FROM ITSELF. Trust fund on insol-vency. Kansas. Griffith v. Burlington State Bank, 277 Pac. (Kans.) 42.P." D. 1589.5.

TRUST FUND WHERE ITEM PAID BY CHECK ON COLLECTING BANK. Trust fundrelation prior to remittance. Trust fund where collection by drawee bank.Sinclair Refining Co. v. Tierney, 270 Pac. (N. Mex.) 792. P. D. 1589.5.

CHECK FOR DEBTOR BALANCE ON CLEARING AS PREFERRED CLAIM. Farmers'Bank of Bowling Green v. Cantley, 16 S. W. (2d) (Mo.) 642. P. D. 1590.

Trust fund where collecting bank received payment in checks upon itself re-ceived in clearings. Bauck v. Veigel, 225 N. W. (Minn.) 916. P. D. 1595.6.

TRUST FUND ON INSOLVENCY. Tracing trust fund. People's State Bank ofLe Roy v. Burlington State Bank, 277 Pac. (Kans.) 39. P. D. 1610.3.

Liability of collecting bank dependent upon actual damage resulting from neg-ligence. Louisville & N. R. Co. v. Federal Reserve Bank of Atlanta, 10S. W. (2d) 683. P. D. 1619.3.

COLLECTION. Federal reserve bank as collection agent. Checks forwardeddirectly to drawee bank and charged to drawer's account. Chargingamount to drawee's reserve account with Federal reserve bank. Set-offby Federal reserve bank of amount due by drawee bank against proceeds ofits stock in the Federal reserve bank. Federal Reserve Bank of Richmond,appellant, v. Thos. A. Early, receiver of the Farmers and Merchants NationalBank of Lake City, appellee. No. 2750. Circuit Court of Appeals for theFourth Circuit. P. D. 1127.1 on page 872. 30 F. (2d) 198. Reported inthe United States Daily, March 2, 1929, page 3216. P. D. 1127.1 on page872.

COLLECTION. Independent legislation. Minnesota. Provision that depositorybank becomes agent for collection. Binding effect of statute upon publicofficer as depositor. Schram v. Askegaard, 34 F. (2d) (Minn.) 348. P. D.1416.4.

CONTRACTS

ARBITRATION. Power of municipal, quasi-municipal, and private corporationsto agree to arbitrate. Attitude of courts toward arbitration. "Where acorporation, whether public or private, is not expressly prohibited fromsubmitting certain matters of this kind to arbitration, and where suchcorporations have the power to sue and to be sued, arbitration may beresorted to. Such arbitration provisions in a contract are in harmony withthe modern tendency of the law which is designed to avoid as much as possiblelitigation in courts; and they also serve the purpose of procuring a speedydetermination when litigation results. Arbitration should therefore beencouraged, rather than discouraged." In re Lower Baraboo River Drain-age Dist., 225 N. W. (Wis.) 331. P. D. 1627.



CORPORATION

CORPORATION. Affiliated institutions. Notice to corporation as notice toaffiliated institution. Filing of by-law requiring countersignature tocorporate check. "Having thus enjoyed the advantages and benefits ofthe identity of stockholders and unity of ownership, they ought not to beheard to assert the corporate fiction of their separate entity to the dis-advantage of a customer whom they had thus invited to disregard the fiction."Damascus Mfg. Co. v. Union Trust Co., 164 N. E. (Ohio) 530. P. D. 1654.5.

DEPOSITS

DEPOSITS. Deposits outside of bank. Receipt by bank officer who makes pass-book entry in compliance with usual practice. Liability of bank for robberybefore deposit taken to bank. Effect of statute prohibiting receipt ofdeposits outside of bank. Wellston Trust Co. v. American Surety Co. ofNew York, 14 S. W. (2d) (Mo.) 23. P. D. 1778.5.

PERSONAL. Liability of bank officer who induces depositor not to withdrawby fraudulent oral statement as to bank's solvency. Smith v. Vandiver,147 S. E. (S. C.) 645. P. D. 1781.4.

PUBLIC FUNDS. Power of depository State bank to pledge assets to secure.Recovery of collateral by receiver of insolvent bank. Applicability ofdefense of ultra vires where transaction fully executed. Farmers' StateBank v. County of Marshall, 221 N. W. (Minn.) 242. P. D. 1804.

PUBLIC FUNDS. Power to pledge assets to secure and to secure deposits generally(valuable collection of authorities). Pledge of assets left for safekeeping;rights as between owners of negotiable paper and pledgee. CommercialGuaranty State Bank v. City of Longview, 11 S. W. (2d) (Tex.) 217. P. D.1804.5.

DEPOSITS IN TWO NAMES. ULTIMATE TITLE. SURVIVORSHIP. Refusal tofollow rule of Garland's Appeal, 126 Mo. 84, 136 A. 459. Burns v. Nolette,144 Atl. (N. H.) 848. P. D. 1832.5.

DEPOSITS IN TWO NAMES. CREATION OF JOINT TENANCY. Revocation by deposi-tor of interest of other person in whose name also deposit is made. New Yorkstatutes. Moskowitz v. Marrow, 167 N. E. (N. Y.) 506. P. D. 1845.2.

DEPOSITS IN TWO NAMES. ULTIMATE TITLE IN SURVIVOR, "or." "Theword 'or ' " in title to bank account "negatives the idea of joint tenancy,"with its resultant title in survivor. Boyle v. National Union Bank of Dover,144 Atl. (N. J.) 10. P. D 1850.2.

DEPOSITS

SET-OFF. Outlawed note held by bank. Michigan statute. Merritt v. Peter-son, 222 N. W. (Iowa) 853. P. D. 4321.1.

DEPOSIT BY COMMISSION MERCHANT. Implied notice of third person's ownershipof deposit. Gillen v. Wakefield State Bank, 224 N. W. (Mich.) 761. P. D.4358.5.

SAFE DEPOSIT AND SAFE-KEEPING. Liability of bank' for misappropriation bycashier. "We recognize that the result of this decision is to put a veryconsiderable burden upon banks in the conduct of their business. However,banks hold very responsible positions of trust, and it is not expecting toomuch of them to protect in every reasonable way the property of theircustomers committed to their care. They select their own servants andofficers, and the law holds them responsible for the acts of their agents withinthe range of their authority. The bank may, and usually does, protectitself by bonding its employees. But it should do more. I t should verycarefully supervise such agents and make frequent inspection, full andcomplete, to guard against dishonesty or carelessness of its agents. Thebank should also understand that an agent not only has the authorityactually given him under the resolutions of the directors, but the bank maybe bound, under some circumstances, by the agent's apparent authority.In no other way may a confiding public be protected." Stevenson v.Columbia Bank of Lodi, 221 N. W. (Wis.) 753. P. D. 4225.



CERTIFICATE OF DEPOSIT

DEPOSITS IN TWO NAMES. Application of statute where certificate of depositrecites deposit by one person, payable to himself and another. Such depositas creating merely an agency to withdraw revocable by death. " There is adistinction between those in which the account was opened or placed in thenames of the depositor and another and those in which a person other thanthe original owner was merely authorized to draw on the deposit. Casesdiscussing the effect of a joint deposit in the names of the original owner andanother generally refer to those in whose names the account appears on thebooks of the bank as joint tenants or tenants in common of the fund. Aninteresting collection of decisions on this subject appears in the annotationsubjoined to Parrish v. Merchants & M. Sav. Bank, L. R. A. 1917C, 548, 550.In our case these decisions are not controlling for the reason that the depositwas made in the name of only one person."

This decision raises question: Shall recommended draft of deposit in two namesstatute be modified? A form which would include the certificate of depositin this case (and also deposits payable to more than two persons) reads:"When a deposit, including a deposit evidenced by a certificate of deposit,has been made or shall hereafter be made in any (specify institutions)transacting business in this State payable to either of two persons or to anyone of more than two persons, with or without a reference to the survivoror survivors in either case, such deposit * *. * may be paid to either orany of said persons whether the other or others be living or not * * * #»This form .also specifically mentions certificates of deposit which avoids anydoubt as to the application of the statute to such instrument. Jones v.Fullbright, 148 S. E. (N. C.) 229. P. D. 1089.1.

Application to payee of certificate of deposit of rule that bank must knowsignature of customers, citing Paton's Digest, Opinions 1095, 1096, 2305,2304a and 2305a. Moler v. State Bank, 223 N. W. (Minn.) 780. P. D.1095.5.

FORGED OR ALTERED PAPER.

ALTERED AND RAISED PAPER. Negligence of drawer; addition by employee ofinitial of payee; negligence of bank in paying employee without inquiry asto identity of payee. Gutfreund v. East River Nat. Bank, 167 N. E. (N. Y.)171. P. D. 323.6.

ALTERED AND RAISED PAPER. Negligent execution facilitating alteration. Posi-tion that former conflict of authority was resolved by section 124 of negotiableinstruments act providing that "when an instrument has been materiallyaltered and is in the hands of a holder in due course, not a party to thealteration, he may enforce payment thereof according to its original tenor."Recovery by holder in due course according to original tenor, notwithstandingnegligent execution. The court said: "Unless the statute is given thisconstruction it fails of its dominant purpose—to establish a uniform rule ofliability—and ceases to be a uniform negotiable instrument act." Laseterv. Hill, 118 So. (Ala.) 252. P. D. 328.

ALTERED AND RAISED PAPER. Manifest alteration. Recovery by holder in duecourse on note as altered. Payee's name erased. Making interest payablefrom date instead of from maturity. " I , we, or either of us added." Fillingblanks. Saxon v. Me Gill, 16 S. W. (2d) (Ark.) 987. P. D. 366.

FORGED PAPER. Application of forged and raised check state requiring noticeor suit within stated time to forged indorsement. Atwell v. MercantileTrust Co. of California, 272 Pac. (Cal.) 799. P. D. 2033.

Recovery of money paid on unauthorized indorsement; clearing house rule as toeffect of indorsement; application of forged and raised check statute toforged indorsement. Merchants' National Bank of Los Angeles v. Con-tinental National Bank of Los Angeles, 277 Pac. (Cal.) 354. P. D. 2201.6.

Instrument payable to "estate of ," as payable to bearer. Hansen v.Northwestern Nat. Bank of Minneapolis, 221 "N. W. (Minn.) 873. P. D.2263.6.



Fraudulent issue by cashier of certificate of deposit. Estoppel of bank. Re-covery by good faith holder of nonnegotiable certificate of damages incurred."They were forgeries of no value as commercial paper in any body's handswhether holders in due course or otherwise. The bank is not liable on thecertificates, but is liable for the damage done by them." (Quoted fromp. 943.) Citizens' State Bank v. Security Bank of Tyndall, 222 N. W.(S. Dak.) 932. Bank of Avon v. Smith, 222 N. W. (S. Dak.) 936. MennoState Bank v. Security Bank of Tyndall, 222 N. W. (S. Dak.) 938. Schelskev. Smith, 222 N. W. (S. Dak.) 941. Tripp v. Smith, 222 N. W. (S. Dak.) 943.Yankton College v. F. R. Smith, 222 N. W. (S. Dak.) 946. P. D. 2311.

WHAT CONSTITUTES FORGERY. Signature purporting to be that of agent orofficer, but unauthorized. Forgery insurance. Dexter Horton Nat. Bankof Seattle v. United States Fidelity & Guaranty Co., 270 Pac. (Wash.) 799.P. D. 2404.1.

FRAUD AND CRIMES. Robbery with -dangerous weapon. Virginia statute up-held which provides death penalty or in discretion of jury 8 to 18 yearsimprisonment.' Brookman v. Commonwealth, 145 S. E. (Va.) 358. P. D.2366.1.

INSOLVENCY AND RECEIVERS

INSOLVENT NATIONAL BANKS

JURISDICTION

Suit in State court brought against national bank, which thereafter failed can notbe removed to Federal court where plaintiff does not join receiver nor seekany relief against him. Such suit will not affect receiver^ possession ofproperty claimed by another. Barons v. First National Bank of Plainville,Kans., 28 Fed. (2d) 615. P. D. 1606.5.

INSOLVENT STATE BANKS

STATE BANKING DEPARTMENTS. Liability of examiner and his surety for notdiscovering and reporting insolvency of bank. State v. Turner, 17 S. W.(Mo.) 986 P. D. 1023.9.

INSURANCEROBBERY INSURANCE. Deposit received outside of bank in violation of express

statutory prohibition. (Surety company might contest its liability on theground that its rates were fixed on the basis of legal practices only and thatit knew that banks could not legally send messengers after deposits. Shallwe ask American Surety Co. whether case has been appealed?) WellstonTrust Co. v. American Surety Company of New York, 14 S. W. (2d) (Mo.)23. P. D. 2847.3>i

SIGNATURE. "Per ," as forgery. Bank of Detroit v. Standard Ace.Ins. Co., 222 N. W. (Mich.) 134. P. D. 2859.8.

LIFE INSURANCE TRUSTINHERITANCE TAX

A transfer of property, formerly consisting of proceeds of life insurance, by atrust agreement intended to take effect at or after the death of the donor,constitutes a taxable transfer within the meaning of the transfer inheritancetax act, P. L. 1909, p. 325, and amendments. Fagan v. Bugbee, Comp-troller (N. J. Sup., 1928) 143 Atl. Rep., 807. P. D. 2871.5%.

INSURANCE TRUST. Inheritance tax where insurance made payable to trusteewith right to revoke or alter trust instrument. In re Haedrich's Estate,236 N. Y. S. 395. P. D. 2871.5>i

INTEREST AND USURY

INDUSTRIAL LOAN DEPARTMENTS. Usury. Although not directly involved,decision is valuable one on question of usury in connection with industrialloan department. A savings society loaned $300 for one year and retained$30, paying over $270. The borrower purchased a 4 per cent installmentcertificate for $300 payable in 10 equal monthly installments of $30 each.The transaction was upheld. Simpson v. Smith Sav. Soc, 12 S. W. (2d)890. P. D. 2834.7.



INTEREST AND USURY. Small loan law—constitutionality. State v. Hill, 123So. (La.) 317. P. D. 2871.6,

STATUTE LIMITING RATE OP INTEREST ON BANK DEPOSITS. Validity. Appli-cation to national banks. Effect of existing contract to pay higher rate.Holland v. Nakdimen, 9 S. W. (2d) (Ark.) 307. P. D. 2875.6.

JURISDICTION

Action against national bank must be brought in place where its bank is "located."(12 U. S. C. A. sec. 94.) (City court of N. Y. 1929.) Under 12 U.S. C. A.,section 94, providing that actions against national banks may be had in anydistrict court of United States within district in which bank may be estab-lished, or in State court in county or city in wThich bank is located havingjurisdiction in similar cases, action against a national bank must be broughtin the place where its bank is "located," which is the place specified in itsorganization certificate. (Raiola v, Los Angeles First Nat. Trust & SavingsBank. 233 N. Y. S. 301.)

COURTS. Decisions of Federal courts construing Federal statute are controllingon State courts. (City court of N. Y. 1929.) The decisions of Federalcourts construing Federal statute are controlling on State courts, wheremeaning of Federal statute is to be ascertained. (Ib.)

NOTE.—Decision is contra to P. D. 757.

LOST OR STOLEN PAPER

LOST OR STOLEN PAPER. Blank' Traveler's checks stolen. Liability of draweeto holder in due course. City National Bank of Galveston v. AmericanExpress Co., 16 S. W. (2d) (Tex.) 278. P. D. 3148.1.

MORTGAGES AND LIENS

MORTAGES AND LIENS. Rights and liabilities of trustee of deed of trust.Release of security while obligations outstanding. Protection by indemnityto trustee issuing duplicate bonds. Harvey v. Guaranty Trust Co., N. Y.L. J., April 25, 1929, page 450. P. D. 3194.2.

CHATTELS. Indebtedness secured. Specific note mentioned. General clauseextending security to liability "now existing." Other existing notes notincluded. "Irrespective of stereotyped or general printed provisionsappearing in a contract, the literal or sweeping terms of a contract maynever prevail over what appears to the court to be the rational and generalintent of the parties thereto." The warning from this decision and thesimilar one of St. Lucie County Bank & Trust Co. v. Aglin, 114 So. (Fla.1927) 438, is not to put too much trust in printed forms. To remove doubtas to enforcement they should be short, clear, and in ho way inconsistentwith the words written in. First Nat. Bank of Ardmore v. Gillam, 273 Pac.(Okla.) 261. P. D. 3206.1.

CHATTEL MORTGAGES. Holder in due course of note as subject to defensesto chattel mortgage securing it. Singer v. National Bank & Investment Co.,118 So. (Ala.) 561. P. D. 3321.1.

FEDERAL TAX LIENS. Notice of Federal tax lien duly filed and recordedoperates as lien on bank deposits of taxpayer, although bank is not servedwith notice. Memorandum 5432, General Counsel, Bureau of InternalRevenue. U. S. Daily, January 11, 1929. P. D. 3346.4J4

NEGOTIABLE PAPER

BONDS. Negotiability. Compliance with statutory requirements. Expressstatement of negotiability. Reference to extrinsic instrument. "Subjectto." Construction in favor of negotiability. Acceleration provisions.Option to redeem. Payable to bearer or, if registered, to registered holder.Provision for sinking fund. Enoch v. Brandon, 164 N. E. (N. Y.) 45.P. D. 3434.

Purchaser of several notes of a series, some of which are overdue. Status asholder in due course of unmatured notes. Hobart M. Cable Co. v. Bruce,274 Pac. (Okla.) 665. P. D. 3648.1.



NOTES AND ACCEPTANCES PAYABLE AT BANK

CEHTIFICATION OF NOTE PAYABLE AT BANK. Court assumes without discussionthat same rules apply as to certification of check. Greenberg v. WorldExchange Bank (By Noonan, J.) The New York Law Journal, page 1714,January 11, 1929. P. D. 3742.1.

Release of maker where bank at which note payable fails after maturity andbefore note is presented. Federal Intermediate Credit Bank v. Epstin,148 S. E. (S. C.) 713. P. D.3743.

HOLDER IN DUE COURSE

Bank crediting instrument as deposit as holder "for value"; where depositorexecutes note to bank. Colorado Nat. Bank v. Western Grain Co., 118 So.(Ala.) 588. P. D. 2443.5.

Bank credit as " value." Withdrawal of account after maturity and after givingof renewal note. New Jersey Title Guarantee & Trust Co. v. McGrath,224 N. W. (Mich.) 755. P. D. 2444.6.

OFFICERS

BANK OFFICERS, DIRECTORS, AND EMPLOYEES. Regulation by State bankingdepartment of personnel of bank. Notice by bank department forbidding"any party to enter into the bank in an executive capacity" without ap-proval of department. (Court assumes notice valid; bank's capital wasimpaired.) [Participation by banks in selection of State banking board, seeNebr., 1923, c. 191, page 438.] Killeen v. Doran, 226 N. W. (Nebr.) 435.P. D. 762.7>i

Liability of bank directors for embezzlement by bank officers. Degree of carerequired. Sternberg v. Blaine, 17 S. W. (2d) (Ark.) 286. P. D. 779.5.

BANK OFFICERS, DIRECTORS, AND EMPLOYEES. National banks. Director'sliability. Detailed consideration of many phases of director's liability.Gamble v. Brown, 29 Fed. (2d) 366. P. D. 797.5.

BONDS OF OFFICES

INSURANCE. Fidelity insurance. Time of "loss"; concealment of loss by ma-nipulation of books. American Surety Co. of New York v. North TexasNational Bank, 14 S. W. (2d) (Tex.) 88. P. D. 2835.7.

FIDELITY BOND. "A bond for the faithful performance of the duties of a cashierof a bank is a security for competent skill and ordinary diligence, as wellas for integrity in the discharge of the duties of the office. And, in anaction upon such bond, an allegation that the cashier, as such, has receivedmoney for which he has not accounted, is a sufficient assignment of a breach."Sparta State Bank v. Myers, 165 N. E. (Ind.) 439. P. D. 2842.1.

"Securities blanket policy"; covering loss from having "taken" forged collateralduring term of policy does not cover loss upon forged security taken beforesuch policy takes effect although forgery not discovered nor loss realizeduntil thereafter. Kimbell Trust & Savings Bank v. Hartford Accident &Indemnity Co., 164 N. E. (111.) 661. P. D. 2859.2.

FORGERY POLICY. Unauthorized indorsement of corporate name by officer fol-lowed by his own name as officer as forgery. Schramm v. MetropolitanCasualty Insurance Co. of New York, 231 N. Y. S. 554. P. D. 2859.9.

LIABILITY FOR EXCESS LOANS

DIRECTOR'S LIABILITY FOR EXCESS LOANS. Effect of lack of knowledge. Im-putation of knowledge. Amount of liability. Amount of liability on re-newal excessive loan. Nature of renewal as new loan or merety extensionof time. Accrued interest as making renewal note excessive. What con-stitutes "money borrowed." Husband and wife as one borrower. Loan toA for benefit of B. Disregard of small amount of excess. McRoberts v.Spaudling, 32 Fed (2d) 315. P. D. 801.4&



PRESENTMENT, PROTEST, AND NOTICE

PRESENTMENT, PROTEST, AND NOTICE. Time for presentment of check. Holdingcheck for next day's clearing. George H. McFadden Bros. Agency v.Keesee, 16 S. W. (2d) (Ark.) 994. P. D. 3973.2.

Necessity of presentment on next business day where check delivered in placewhere drawee located; payee's bank located in another place. Circuitousrouting. Mclntyre v. Live Stock Shipping Association, 11 S. W. (2d) (Mo.)77. P. D. 3973.3.

Promise to pay at future date on presentation of demand note as dishonor, re-quiring immediate notice of dishonor as condition to nondischarge of in-dorser. Bredow v. Woll, 143 Atl. (Conn.) 849. P. D. 4116.2.

SHAREHOLDERSBANK STOCK AND STOCKHOLDERS. Double liability. Decrease of liability by

reduction of capital stock. Mitchell v. Banking Corporation of Montana,273 Pac. (Mont.) 1055. P. D. 839.

TAXATION

FEDERAL TAXATION

Exemption of building and loan associations from Federal income tax. Liberalconstruction of such exemption. United States v. Cambridge Loan &Building Co., 49 S. Ct. 39. P. D. 4571.

Income tax charging off doubtful claims as bad debts. American Trust Co. v.Commissioner of Internal Revenue, 31 Fed. (2d) 47. P. D. 4582.1.


Gross earnings tax on District of Columbia banks does not include income fromtax-exempt Federal securities. District of Columbia v. Riggs NationalBank, 30 F. (2d) 873. P. D. 4625.3.

STATE TAXATION

FLORIDA

STATE TAXATION OF NATIONAL BANKS. Florida constitutional amendment of1924. As amended in 1924, section 1 of article 9 of the Florida Constitution,reads in part as follows: "The legislature shall provide for a uniform andequal rate of taxation (except that it may provide for special rate or rateson intangible property, but such special rate or rates shall not exceed 5 millson the dollar of the assessed valuation of such intangible property, whichspecial rate or rates, of the taxes collected therefrom, may be apportioned bythe legislature, and shall be exclusive of all other State, county, district, andmunicipal taxes;) * * * ."

The court said: *' The amendment is not self-executing or mandatory, butmerely confers upon the legislature permissive authority to provide for specialrates of taxation on intangible property, though the amendment contains amandatory limitation as to special rates of taxation when such special ratesare duly provided for on intangible property. Therefore, until the legislaturedoes duly provide for special tax rate or rates on intangible property, theorganic general rule of uniformity and equality in the rate of taxation of allproperty, real and personal, including intangible property, remains in force.When, however, the permissive authority conferred upon the legislature isexercised and provision is duly made by the legislature for special rates oftaxation on intangible property, the rate or rates ' shall not exceed 5 millson the dollar of the assessed valuation of such intangible property/ eventhough the tax rate on other classes of property be greater. * * *.

"The legislature has not exercised the permissive authority conferred uponit to provide for special rates of taxation on intangible property; thereforethe statute requiring all public stocks or shares in all incorporated or unin-corporated companies to be assessed as other personal property, is the controll-ing law when applied as the constitution requires." Porter v. First NationalBank of Panama City, 119 So. (Fla.) 130. P. D. 4664.



State taxation of national banks. Discrimination. Practice in Florida ofexempting other moneyed capital. Roberts v. American National Bank ofPensacola, 121 So. (Fla.) 554. P. D. 4664.5.

State bank stock. Discrimination. Folsom v. Bank of Greenwood, 120 So. (Fla.)317. P. D. 4665.4.

COLORADOTAXATION. STATE. Industrial banks. Collins v. First Industrial Bank, 276

Pac. (Colo.) 988. P. D. 4616.6.

KANSAS

State taxation of national banks. Illegality of Kansas tax. Mandamus deniedto city seeking to compel county treasurer to transfer to it proceeds of illegalnational bank tax. City of Topeka v. Boyd, 272 Pac. (Kans.) 124. P. D.4664.

KENTUCKY

Partial exemption of bank stock from local taxation. Jones v. Citizens' Bankof Hartford, 15 S. W. (2d) (Ky.) 468. P. D. 4617.

MISSOURI

State taxation of bank stock. Discrimination. "There is no justification forassessing bank stock on the one hand at full value and all other property onthe other at less than its real value. The assessor is commanded to valueand assess all property according to its true value in money, and the Stateboard of equalization to determine as to each class of property its true valuein money. If these plain mandatory provisions are violated through discrim-ination as between the different classes of property, the power of correctiondoes not lie with the county board of equalization. The taxpayer who suffersfrom such discrimination must find relief in a court of equity. BoonvilleNational Bank v. Schlotzhauser, 317 Mo. 1298, 298 S. W. 732, 55 A. L. R.489." State ex rel. Thompson, State auditor, et al. v. Dirckx, county clerk,11 S. W. (2d) 38. P. D. 4664. (Mo.)

Discrimination against stock of banks and trust companies. Remedy by injunc-tion. "Appellant's grievance is not that its property was overvalued butthat it was discriminated against through the undervaluation and omissionin part of other property subject to taxation. Had it at any time before thetax books were delivered to the collector filed complaint with the State taxcommission, that body in the proper exercise of its jurisdiction would havegranted a hearing and would have heard evidence with respect to the valua-tion complained of, and if the charges contained in the complaint had beenfound to be true the valuations placed on its property would have' beenlowered, or that on other property raised, the property omitted from theassessment roll would have been placed thereon, and the discrimination com-plained of thereby removed. The remedy provided by statute is adequate,certain, and complete. To permit taxpayers throughout the State who feelaggrieved through alleged discriminatory assessments of their property tostand silently by until after the taxes have become due and are pressed forcollection and then resist their payment by injunction would produce anintolerable condition." Brinkerhoff-Faris Trust & Sav. Co. v. Hill, 19 S. W.(2) (Mo.) 746. P. D. 4682.7.

MONTANA

Invalidity of tax on State bank stock at higher rate than permissible on nationalbank stock. "That Congress may not interfere with the taxation of propertywhich it is the exclusive right of the State to tax will not be questioned.The difficulty here arises chiefly upon the requirements of the State consti-tution. It requires the taxation of all property not exempt, and that thetax must be uniform upon the same class of subjects. The congressionalrequirement we are considering is not inconsistent with our constitutionalprovision requiring uniformity. It is thus our own fundamental law, actingcoordinately with the law of Congress, which compels the State to tax Stateas well as national bank shares upon the same basis." State ex rel. ConradBanking Corporation of Great Falls v. Mady, 272 Pac. (Mont.) 691. P. D.4623.3.



National Bank making voluntary payment of tax and not filing claim for refundin accordance with State statutory provisions is barred from recovering tax.First Nat. Bank of Plains v. Sanders County, 279 Pac. (Mont.) 247. P. D.4682.

NEW YORK

INCOME TAX. Procedure on changing from old system to income basis. Foreignbanks. People Royal Bank of Canada v. Loughman, 236 N. Y. Sup. (Can.)110. P. D. 4625.3.

State taxation of national banks. Morris Plan banks as competing institutions.People ex rel. Morris Plan Co. of Buffalo v. Burke, 234 N. Y. S. 608. P. D.4668.3.

Inheritance tax where deposit made in trust. N. Y. L. J. June 15, 1929. P. D.4710.10. Cf. N. Y. L. J. 5/10/29, p. 740. Matter of Jurist, 157 N. Y. S.141, 156 N. Y. S. 825, 132 App. Div. 465.

OKLAHOMA

BANK STOCK. Procedure for recovery. Protest of First National Bank of Guth-rie, 276 Pac. (Okla.) 766. P. D. 4682.5.

OREGON

State taxation of national banks. Income tax. Referendum. Oregon. Statev. Hoss, 278 Pac. (Oreg.) 580. P. D. 4625.3.

PENNSYLVANIA

Inheritance tax. Reciprocity. Effect of New York decision as to constitution-ality. Commonwealth v. Farmers' Loan & Trust Co., 147 Atl. (Pa.) 71.P. D. 4702.7.

SOUTH DAKOTA

State taxation of national banks. Appeal from Security National Bank v.Twinde, 217 N. W. (S. Dak.) 542 by the bank dismissed "for the reason thatthe judgment of the State court sought here to be reviewed was based on anon-Federal ground adequate to support it." 49 Sup. Ct. 81.

Recovery of taxes paid by national bank was denied by South Dakota SupremeCourt because they were paid without protest. P. D. 4664.

State taxation of national banks. Rights of national bank to recover refund oftax on shares. Fiman v. Hughes County, 225 N. W. (S. Dak.) 711. P. D.4682.6.

TENNESSEE

1929 Income Tax law of Tennessee construed. Income tax on tax exemptsecurities. Shields v. Williams, 19 S. W. (2d) (Tenn.) 261. P. D. 4701.5.

WASHINGTON

Discrimination against bank stock. Where an objection to a tax on bank stock"presents an intentional refusal to follow the constitutional requirementthat all property shall be taxed equally, the property owner has the right toallege fraud therein and apply directly to the courts for relief/' Allegationwas that bank stock was assessed at 50 per cent of value while propertygenerally was assessed at not over 44 per cent. Yakima Valley Bank &Trust Co. v. Yakima County, 271 Pac. (Wash.) 820. P. D. 4664."

Credits may be exempted from taxation. State ex rel. Egbert v. Gifford, 275Pac. (Wash.) 74. P. D. 4690.5H-

State taxation of national banks. Discriminatory taxation generally. Trustcompanies, mutual savings banks, building and loan associations, loan andinvestment companies and investment bankers. Washington. NationalBank of Commerce of Seattle v. King County, 280 Pac (Wash.) 16. P. D.4664.5.



State taxation of bank stock. Deduction in assessing shares of bank's nontax-able securities. Washington. Spokane & Eastern Trust Co. v. SpokaneCounty, 280 Pac. (Wash.) 3. P. D. 4643.5.

Discrimination against stock of banks and trust companies. Remedy by in-junction. Yakima Nat. Bank v. Yakima County, 280 Pac. (Wash.) 25.P. D. 4682.7.

WAREHOUSES AND WAREHOUSE RECEIPTS

NEGOTIABILITY OF WAREHOUSE RECEIPTS. Application of negotiable instru-ments act to warehouse receipts. Does Georgia need warehouse receiptsact with its recommended amendments? Maryland Casualty Co. v. W. T.Johnson Co., 145 S. E. (Ga.) 766. P. D. 4716.

DEFINITIONS OF LEGAL AND BANKING TERMS

Deposit v. loan. Shaw v. McBride, 9 S. W. (2d) (Tex.) 410. P. D. (Fefs.)

TRUSTS

Liability of bank lending money and making investments for customer. Farmers& Merchants' Bank of Elkton v. Wisdom, 10 S. W. (2d) (Ky.) 846. P. D.513.5.

Transfer by bank or trust company of securities owned by it to itself as trustee.Kelly v. First Minneapolis Trust Co., 226 N. W. 696 (Minn.) P. D. 532.

Trust company may not as fiduciary purchase securities owned by it. In reSecurity Bank & Trust Co., 224 N. W. (Minn.) 235. P. D. 532.

Purchase by trustee of securities from itself. Apportioning mortgage invest-ment to trust estates. Participation certificates. The New York LawJournal, page 2173, August 29, 1929. P. D. 532.

Succession by national bank to trust powers of State institution consolidatedwith it. California statute providing for transfer of trust powers. Personappointing bank or trust company as having in mind the full scheme forsubstitution of trustees prescribed in that act. In re Barnett's Estate, 275Pac. (Calif.) 453. P. D. 680.

National banks. "Trust company" as part of name. Confusion with Stateinstitution with similar name. [(1) Middletown Trust Co., and (2) Middle-town National Bank & Trust Co.] Injunction. Middletown Trust Co. v,Middletown Nat. Bank. 147 Atl. (Conn.) 22. P. D. 681.1.

Tracing trust funds. (Most carefully worked-out opinion considering detailedtransaction.) Gering v. Buerstetta, 223 N. W. (Nebr.) 625. P. D. 948.3.



TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates ofappointment and resignation, and States whence appointed

No. Name Date ofappointment

Date ofresignation State

COMPTROLLERS OF THE CURRENCYMcCulloch, Hugh _..Clarke, FreemanHulburd, Hiland RKnox, John JayCannon, Henry WTrenholm, William L __..Lacey, Edward SHepburn, A. BartonEckles, James HDawes, Charles GRidgely, William BarretMurray, Lawrence OWilliams, John SkeltonCrissinger, D. R .Dawes, Henry MMclntosh, Joseph W_.Pole, J. W

MayMar.Feb.Apr.MayApr.MayAug.Apr.Jan.Oct.Apr.Feb.Mar.MayDec.Nov.

9,186321,18651,1867

25,187212,188420,18861,18892,189226,18931,18981,1901

28,19082,1914

17,19211,1923

20,192421,1928

Mar. 8,1865July 24,1866Apr. 3,1872Apr. 30,1884Mar. 1,1886Apr. 30,1889June 30,1892Apr. 25,1893Dec. 31,1897Sept. 30,1901Mar. 28,1908Apr. 27,19131Mar. 2,1921Apr. 30,1923Dec. 17,1924Nov. 20,1928

DEPUTY COMPTROLLERS OF THE CURRENCYHoward, Samuel THulburd, Hiland RKnox, John JayLangworthv, John S _.Snyder, V. PAbrahams, J. DNixon, R. MTucker, Oliver PCoffin, George MMurray, Lawrence O___ _Kane, Thomas PFowler, Willis J _Mclntosh, Joseph WCollins, Charles W __Stearns, E. W._. _ _Await, F . GGough, E. HProctor, John L

May 9,1863Aug. 1,1865Mar. 12,1867Aug. 8,1872Jan. 5,1886Jan. 27,1887Aug. 11,1890Apr. 7,1893Mar. 12,1896Sept. 1,1898June 29,1899July 1,1908May 21,1923July 1,1923Jan.JulyJulyDec.

6,19251,19276,19271,1928

Aug.Jan.Apr.Jan.Jan.MayMar.Mar.Aug.JuneMar.Feb.Dec.JuneNov.

1,186531,186724,18723,18863,1887

25,189016,189311,189631.189827.18992,19232

14,192719,192430,192730,1928

Indiana.New York.Ohio.Minnesota.

Do.South Carolina.Michigan.New York.Illinois.

Do.Do.

New York.Virginia.Ohio.Illinois.

Do.Ohio.

New York.Ohio.Minnesota.New York.

Do.Virginia.Indiana.Kentucky.South Carolina.New York.District of Columbia.Indiana.Illinois.

Do.Virginia.Maryland.Indiana.Washington.

i Term expired. 2 Died Mar. 2,1923.

TABLE NO. 2.—Names and compensation of officers and clerks hi the office of theComptroller of the Currency* October 81, 1929

Name Designation Salary

Quinn, Edmund FHerndon, John GYeatman, John PAvery, AntoinetteKane, William AGross, Clyde EBurton, Russell OSchreiner, Edmund E .Thompson, GeorgeFuller, Jane LJohnston, Edna EMarble, George RFrye, Ruby MReese, William HWilson, Gordon KOffutt, William FBock, CarlVerrill, Harry MPennock, Caroline L__.Ellis, HarrieBBuell, WillardEHerndon, John WTucker, Samuel MHanlon, Margaret T _..Lewis, John OMurphy, Maud VO'Mara, Vera LTylor, GertrudeWhelan, MarjorieB...B asinger, Walter SLo velly, Laura FBentley, Thomas BJones, Nell HJones, Margaret EO'Brien, May F .Reed, S. E_Moyer, Aita TTrumbull, Annette

Senior administrative officerSenior administrative assistant..

.do_do__do.

Administrative assistant _ _Junior administrative assistant..

.do_do.,_do._do._do._do..do .

Principal clerk _dodo

Senior clerk.do-

Principal clerk.do.__do.___

Senior clerk.do_do._do.

Senior clerk-stenographer..dodo-

Clerk..do.do.do.__do.__

Clerk.C lerk-stenographer..

do

$4,8003,5003,5003,2003,2003,1003,1003,1002,7002,7002,6002,6002,6002,6002,6002,5002,5002,4002,4002,4002,3002,3002,3002,2002,2002,2002,2002, 2002, 2002,1002,1001,9201,9201, 9201,9201,9201,9201,920



TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currency, October 81, 1929—Continued

Name

Wright, Nellie KPumphrey, Carrie BFriedrichs, Minna K _..Hunt, Hermon _..Jump, Mollie CAndrews, Ettie F___Hiileary, RuaTrussell, Olga MHarris, John EClagett, Dorothy L _Wigginton, Norval PDeal, Jessie FHeizer, Helen VHeizer, Nannie BMunnerlyn, Joseph ANolan, Lida A _.Smith, Helen MYoung, Grace EBales, Anna SBarry, Gertrude I _ __Brumbaugh, Delia LBuckley, Regina C :Chisholm, Elizabeth._ _Colburn, Nellie ACrocker, Henry A. DDailey, William.Erickson, Bertha VHopkins, Edna IMcCrone, Clara O'BMcKinney, Elva LMagruder, Edith P _Nichols, Sada C ._ _Schiller, Ernestine IIVernon, Josephine .__Walker, Johanna SWeeks, KatherineDodge, Victor HHorsey, Olga SMortimer, Mary HJamieson, William GBeall, Clara MHaley, John RJorgenson, John A __Kelly, GeorgeMurphy, Clara MBaldwin, Wallace NBurlingame, Delia JHewson, EllaLowell, Harriet PHaymon, N. MabelIsrael, Frank TQuackenbush, DorothyTschiffely, Lacey B. RHaygood, Ethel _.Sazama, Alice RStafford, Catherine M__Dyson, AlineEasterday, William ABarksdalc, George TBayliss, George F_Corley, Virginia C _._Hueter, Marion RMallet, Katherine H___Lonergan, Bertha MPersons, Mabel E _Gorham, W. AbbottGlenn, Frances Moncure. _Mueller, PaulineO'Donnell, Josephine A__Canavan, Josephine MElmore, Annie L _Frock, Annie CHarleston, CatherineKellam, Margaret MSmith, Charles ASmith, ClaraEWatts, Metta FTaylor, Mathilda SWood, KathleenChamberlain, Robert JKemether, Eva CWilson, Mildred CParsjons, Edith NChiles, Charles RKeim, Charles C _

Designation

C lerk-stenogra pher._d

Assistant clerkdo.do..

Clerk..do.do..

Clerk-stenographer _do

Assistant clerk.do ...do ._do._do__do.-do._do._do.-do._do_.do .-do._do__do...do...do.._do._do.-do._do._do-_do._do_.do.

Assistant clerk-stenographer.do

.do.Senior operator, office devices.Head typistJunior clerk

_do._do._do._do_.dododo

Assistant clerk,.do.do._do.

Assistant clerk-stenographer.Assistant clerk-stenographer..

do..Senior stenographerJunior mechanicAssistant clerk (temporary).

dodo

o..do..

Senior stenographer.dodo..

Junior clerk.do

.do.._do_..do...do.,.do.._do_.

_do_.. do -_do_..do.

Junior operator, office devices,dodo..

Senior typist.Underclerk

do.

Salary

$1,9201, 9201,9201,9201,9201,8601,8601,8601,8001,8001,8001,8001,8001,8001,8001,8001,8001,8001,7401,7401,7401,7401,7401,7401,7401,7401, 7401,7401, 7401,7401,7401,7401,7401, 7401,7401, 7401, 7401,7401,7401, 7401,7401,7401. 7401,7401, 7401,7401,7401,7401,7401,6801,6801,6801,6801,6801,6801,6801, 6801,6201,6201,6201,6201, 6201,6201,6201,6201,6201,6201,0201,6201,5601. 5601, 5601,560l,560T1,5601, 5601, 5601,5601,5601,5601,5601,5601,5601,5601,560



TABLE NO. 2.—Names and compensation of officers and clerks in the office of theComptroller of the Currency, October 31, 1929—Continued

Name

Croson, Maud B Junior clerk.Dillon, Minnie L doWhite, Grace N do~.

Designation Salary

Junior operator, office deviSenior typistUndereferk

Wolfe, Alice M.Ridgeway, Rose CCook, George M__Dillard, John | do.Marks, Grace doBrown, Edith L Junior clerk__Burns, Edna C Junior clerk (temporary)Chandler, Margaret M do.Davis, Mary A | do.Dickhaut, Mary E doDodge, Annie E | doHunt, Laura V i doJudge, Clara W do

_do_..do..do !

.do

Underclerk_—do

do—-

.do

.do

do

Jurden, Helen K_.Long, Rosa AMcCarthy, Marie EMcFadden, Arthur MOrtman, Margaret LSneed, Wynona GTinkler, Edna M_ _Worrall, Marie EMcDonald, Sibyl SCurtin, Anna EDowden, Eleanor CDuRant, Anna KDutrow, Mary HDiivall, Grace NHaley. Mary CHatter, Madeline BMennel, Theresa ._Miller, BellumReese, AlineRoberts, VictoriaSettle, May C. WSheward, Adelaide HSimms, Harry EBlount, Joseph TCarroll, John ICover, Thomas AHolland, ThomasJones, George SMinis, Alvin ETaylor, John HMann, Harry C | UnderclerkConley, Margavet J ! Underclerk (temporary)Degen, Mary J | doDuBusky, Rosa A j do.Gervais, Gladys EHuntt, MetaBJar vis, Nona T... _ _ _Moore, Ellen RMundie, James FSteele, Erne _.Williams, Florentine-Hill, Edgar W | Messenger..Poles, JamesThompson, FrankBarrett, Lester J__Berkeley, Guy H_Scott, Edward_L__Waple, James l

dodo

Messengerddodododo

UnderclerkUnderclerk (temporary) „

dodo

UnderclerkUnderclerk (temporary) _.

.do_.

vv ayjiKT't >) cuimo x\

Moss, Benjamin FCooper, Mary B _Taylor, Mary F.

Junior laborerdo

Messengerdo

Messenger (temporary) _.do-

Minor mechanicMinor domestic attendant

do

$1, 5001, 5001,5001, 5001, 5001, 5001, 5001,5001,5001, 4401, 4401, 4401,4401, 4401, 4401, 4401, 4401,4401, 4401,4401, 4401, 4401, 4401, 4401,4401,4401, 3801,3801,3801,3801,3801, 3801,3801, 3801,3801, 3801,3801,3801,3801, 3801, 3801,3801, 3801, 3801, 3801,3801,3201, 2601, 2601, 2601,2601, 2601, 2601, 2601, 2601,2601, 2601, 2801, 2601,2601, 2001,2001, 2001, 2001,200540540

TABLE NO. 3.—Number of national banks organized, since February 25, 1868,number passed out of the system, and number in existence October 31, 1929

Under act of Feb. 25, 1863.. 456Under act of June 3, 1864 8,255Under gold currency act of July 12, 1870 10Under act of Mar. 14, 1900___ jM>69

Total number of national banks organized 13,390Number reported in voluntary liquidation 4,167Number passed into liquidation upon expiration of corporate existence 208Number consolidated under act of Nov. 7, 1918 268Number placed in charge of receivers l 1, 241

Total number passed out of the system 3 §§4Number now in existence - - - — 7, 506

1 Exclusive of those restored to solvency.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


TABLE NO. 4.—Authorized capital stock of national banks on the first day of eachmonth from January 1, 1925, to November 1, 1929, United States bonds ondeposit to secure circulation, circulation secured by bonds on deposit, the amountof lawful money on deposit to redeem circulation, and national-bank notes out-standing, including notes of national gold banks

[For prior years see annual reports 1920 and 1927]

DateNum-ber ofbanks

Authorizedcapital stock

UnitedStates bondson depositto secure

circulation

Circulationsecured

by UnitedStatesbonds

Lawfulmoney ondeposit toredeem

circulation

Totalnational-

bank notesoutstand-

ing

1925JanuaryFebruary.-MarchA priL __May _JuneJuly_._August.__September..OctoberNovember. __December ___

1926JanuaryFebruary. . . . .MarchApril _ _MayJune _July. . . .August—.SeptemberOctoberNovemberDecember

1927JanuaryFebruary. _MarchApril—-.May _JuneJulyAugust—SeptemberOctoberNovember _.December.

1928JanuaryFebruary. _ _MarchApril— _May. _ _J u n e . . . . . . _ _JulyAugustSeptemberOctober..NovemberDecember

1929January.FebruaryMarchApril—MayJuneJulyAugustSeptember..OctoberNovember

8,0608,0788, 0688,0668,0848,1038,1128,1178,1158,1208,1188,114

8,0928,0778,0708,0598,0548,0438,0388,0318,0258,0188,0087,985

7,9727, 9507,9277,8947,8637,8457,8447,8427,8317,8337,8327, 833

7,8217,8107,7937,7837,7617,7487,7457,7237,7177,7167,7077,705

7,6877,6667,6437,6287,6017, 5997,5877,5657,5397, 5217,506

1,339, 093, 7151,342, 563, 7151, 356, 043, 7151, 359, 768, 7151, 369, 553, 7151, 372, 738, 7151, 376, 973, 7151, 377,358, 7151. 379, 623, 7151, 381, 983, 2151, 381, 978, 2151,380,743,215

1,385, 648, 2151, 392,178, 2051,397,304, 4551, 400, 003, 6551, 418, 643, 6551, 420, 271,1551, 420, 087, 4051, 422, 654, 9051, 422, 749, 9051, 421,369, 9051, 422,132, 4051, 413, 850, 405

1, 417,160, 4051,421,452, 9051, 445, 067, 9051, 474, 432, 9051, 470, 085, 9051, 474, 055, 9051, 481, 279, 6151, 485, 989, 6151,486, 712, 6151, 500, 437, 6151, 502, 697, 6151, 521, 797, 615

1, 537, 432, 6151, 541, 562, 6151, 542, 207, 6151, 564, 712, 6151, 585, 632, 6151,585,547,6151, 598, 007, 6151, 610, 676, 6151, 614, 656, 6151, 620, 279,1151, 619, 589,1151, 630, 507,448

1, 636,452, 9481, 639, 865, 9481, 670, 265, 9481, 659. 418,4481,625,654,4481, 626, 902, 0401, 635, 308, 9151, 669, 218, 8151, 679, 991, 0151, 676, 066, 0151, 686, 251, 665

731, 613, 630725,171, 780666, 943, 330665, 608, 330666, 010, 330665, 502, 880665, 061, 330665, 227,130665, 810,130665, 542, 630666,185,130666, 087, 630

666, 273,130665, 363, 590665, 235, 640665, 568,140665, 686,140665, 465,140665, 616, 390665, 941, 890665, 889, 940665,830, 440665, 492, 880666, 278,180

666, 211, 440664, 503, 940666,138, 640665, 641, 990665, 724, 930667, 095, 680666, 991,130667,156, 290667,143, 790666, 985, 790666, 873, 290666, 830, 210

667,127, 710666, 230, 710667, 011, 210666, 866, 710666,196, 460667,491, 900665, 658, 650686, 643, 200666, 732, 700667, 318, 040667,168, 440667, 508, 440

667, 013,340667, 486, 340666, 432, 090666, 630, 8906G6, 221, 390666, 233,140666,199,140666, 407, 040666, 864, 280667, 093, 770666, 736,100

727,175, 641722,092, 263663, 324, 911661, 613, 281661,397, 558661, 293, 895660, 501, 393660, 341,413662,186, 083661, 380, 320662, 538, 483662, 622, 888

658,362, 223661, 298,333661, 244, 347661,016, 470661, 664, 478660, 677,175660, 986, 560661, 434,195659, 760, 467660, 555, 797661, 742, 830662, 764, 613

661, 046, 465657, 364, 790660,366, 240661, 673, 603662, 238, 833663,156, 720661, 288, 545661, 550, 768663, 747,178662, 742, 593663,167, 030663, 340, 675

662, 380, 082659, 332, 017661, 481, 322662, 412, 992661,127, 660661, 522, 450658, 732, 988658, 463, 423660, 518,182660, 463, 912662, 705, 675663, 931, 957

662, 904, 627662, 455, 487659, 651, 580661, 924,472663, 364, 517663, 328, 203062, 773, 570057, 764, 443C49, 297, 990652, 823, 980661, 822, 047

44, 871,17647, 748,139100, 532, 36693, 597,40686, 028, 26178, 275, 57472, 864, 68166, 214, 27161, 476, 91456, 543, 56951, 264, 26148,127, 556

46,194, 20445, 050, 97945, 059,37244, 211, 31942, 519, 20142, 697, 98741, 682, 68440, 714, 77939, 768,77739,178,46738, 971, 70237, 927, 974

36, 721, 46437, 856, 75936,825,18438, 251,36439, 074, 40442, 777, 21742, 857, 72242, 967, 26941, 052, 61440, 537, 01939, 825, 66439, 060, 424

38, 623, 50738, 407, 51738, 250, 37236, 802, 22738, 814, 50939, 757, 99240, 887, 66438, 926, 22438,299, 80237, 688, 74737,446, 77936, 248, 802

35, 877, 50234, 822, 73235, 231, 75936, 750, 62738, 720, 77239, 651, 73141, 520, 87239, 707, 55038, 652, 57338, 564, 68538, 508, 768

772,046,817769, 840,402763, 857, 277755, 210, 687747, 425,819739, 569, 469733, 366,074726, 555,684723, 662,997717,923,889713,802,744710,750,444

704, 556,427706, 349,312706, 303, 719705, 227, 789704,183,679703, 375,162702, 669, 244702,148,974699, 529, 244699. 734, 264700; 714, 532700, 692, 587

697, 767, 929695, 221, 549697,191, 424699, 924, 967701,313, 237705, 933, 937704,146, 267704, 518, 037704, 799, 792703, 279, 612702, 992, 694702, 401, 099

701,003,589697, 739, 534699, 731, 694699, 215, 219699, 942,169701, 280, 442699, 620, 652697, 389, 647698, 817, 984698,152,659700,152,454700,180, 759

698, 782,129697, 278, 219694, 883, 339698, 675,099702,085, 289702, 979, 934704, 294, 442697, 471, 993687, 950, 563691, 388, 665700, 328, 815

NOTE.—Notes redeemed but not assorted not included in circulation outstanding.NOTE.—New series of notes included since July.



TABLE NO. 5.—National banks reported in liquidation from Novetnber 1, 1928, toOctober 31, 1929, the names, where known, of succeeding banks in cases of suc-cession, with date of liquidation and capital

Name and location of bankBate ofliquida-

tionCapital

The First National Bank of Mounds, Okla. (6263), succeeded by First State Bankof Mounds

The First National Bank of Boothbay Harbor, Me. (5598), absorbed by AugustaTrust Company, Augusta, Me -

The First National Bank of Boley, Okla. (12012), absorbed by The Farmers andMerchants Bank of Boley . -

The First National Bank of Burlington, Colo. (11455), absorbed by Stock GrowersState Bank of Burlington

The First National Bank of Brooklyn, New York,* N. Y. (923), succeeded by FirstBank of Brooklyn, which merged with Manhattan Company

First National Bank in Burbank, Calif. (12435) absorbed by Bank of Italy NationalTrust & Savings Association, San Francisco, Calif __

The Liberty National Bank of Pawhuska, Okla. (11314), absorbed by The Amer-ican National Bank of Pawhuska.._._ __

The First National Bank of Jennings, Okla. (11791), succeeded by First State Bankof Jennings.

The First National Bank of Jerome, Idaho (9680), absorbed by The First SecurityBank of Jerome _._

The First National Bank of Junction, Texas (10845), absorbed by Junction StateBank, Junction

The Seventh National Bank of New York,* N . Y. (11844), absorbed by MunicipalBank and Trust Company of New York

The Milnor National Bank, Milnor, N. Dak. (8264).._The First National Bank of Grady, N. Mex. (11746)The First National Bank of Addington, Okla. (10001), absorbed by The Waurika

National Bank, Waurika, OklaThe Citizens National Bank of Hemingford, Nebr. (12495), absorbed by Farmers

State Bank of HemingfordThe First National Bank of McAllen, Tex. (11175), succeeded by The First National

Bank in McAllenThe First National Bank of Sardis, Ohio (7711), absorbed by The Union National

Bank of Sistersville, W. Va _ _

1928Oct. 25

Oct. 31

July 3

Oct. 22

Nov. 22

Nov. 9

Oct. 23

Oct. 5

June 26

Oct. 20

Dec. 15do.

The First National Bank of Bassett, Nebr. (11426), absorbed by Bassett StateBank, Bassett

'The American National Bank of Richmond,3 Va. (5229), succeeded by AmericanBank of Richmond to be consolidated with American Trust Company undertitle of American Bank & Trust Company of Richmond

First National Bank in Hailey, Idaho (12832), succeeded by First Security Bank ofHailey '1

The Shidler National Bank, Shidler, Okla. (12177), succeeded by AmericanExchange Bank, Shidler

Merchants National Trust and Savings Bank of Los Angeles,* Calif. (3538),absorbed by Bank of America of California, Los Angeles

The First National Bank in Eureka, Kans. (12457), absorbed by The CitizensNational Bank of Eureka

The Farmers and Merchants National Bank of Ron3, Okla. (10172), succeeded byThe First State Bank, Roff

Nov. 28

Dec. 10

Dec. 12

May 26

Nov. 24

1927Feb. 18

1928Dec. 29

Dec. 20

1928Dec. 31

..do

The National Globe Bank of Woonsocket, R. I. (1423), absorbed by Rhode IslandHospital Trust Company, Providence, R. I

The First National Bank of Hazard, Ky. (8258), absorbed by The First NationalBank in Hazard... ,._-_

Sept. 8

Dec. 31

1929Jan. 12

Jan. 8

1928Dec. 21

1929Jan. 1

Jan. 10

1928Dec. 20

1929Jan. 14

The First National Bank of Higgins, Texas (8179), absorbed by The Citizens 1928National Bank of Higgins Dec. 17

The Wylie National Bank, Wylie, Texas (12583), absorbed by Wylie State Bank,Wylie—

The National Bank of Unionville, Mo. (3137), succeeded by National Bank ofUnion ville _

The Farmers National Bank of Vinton, Iowa (5088), succeeded by The FarmersNational Bank in Vinton „

The City National Bank of Granbury, TexasNational Bank of Granbury.. . :

, absorbed by The First

The First National Bank of Raymond, Minn. (8050), absorbed by Farmers StateBank of Raymond

$25,000

50,000

25,000

30,000

1,000,000

50,000

100,000

25,000

50,000

40,000

1, 500,00030,00025,000

25,000

25,000

50, 000

25,000

30,000

2,000, 000

50,000

25,000

4,000, 000

50,000

25,000

100, 000

100, 000

25,000

50,000

65,000

50,000

25, 000

25, 000

1 With 2 branches in New York City.2 With 2 branches in New York City.3 With 5 branches in Richmond.4 With 36 branches in California, as follows: Los Angeles, 29, and 1 each at San Bernardino, Riverside,

Redlands, Vernon, Huntington Park, Bell, and Glendale.

79003°—30 16


232 REPOBT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 5.—National banks reported in liquidation from November 1, 1928, toOctober 81, 1929, the names, where known, of succeeding banks in cases of suc-cession, with date of liquidation and capital—Continued

Name and location of bankDate ofliquida-

tionCapital

The First National Bank of Mount Pleasant, Texas (4722), succeeded by The FirstNational Bank in Mount Pleasant.. _

The First National Bank of Mountain Home, Idaho (6521), succeeded by FirstSecurity Bank of Mountain Home _

The First National Bank oi Stonewall, Okla. (7054), absorbed by The StonewallState Bank _

The First National Bank of Gotebo, Okla. (10389), absorbed by Bank of Gotebo___

The First National Bank of Crestline, Ohio (5099), succeeded by First NationalBank in Crestline

The City National Bank of Tip ton, Iowa (6760), succeeded by Tipton NationalBank, Tipton _

The Little Neck National Bank of New York, N. Y. (12512), absorbed by Man-hattan Company, New York

The Watkins National Bank of Lawrence, Kans. (3881), absorbed by The LawrenceNational Bank, Lawrence. -

The First National Bank of Winnebago City, Winnebago, Minn. (5406), succeededby the First National Bank of Winnebago

The First National Bank of Berthoud, Colo. (8033), absorbed by The BerthoudNational Bank, Berthoud

First National Bank of Olyphant, Pa. (8806), absorbed by Miners SavingsBank of Olyphant, which is to change its title to Miners Savings Bank & TrustCompany..

The Pacific National Bank of Boise, Idaho (10083), succeeded by First SecurityBank of Boise

The First National Bank of Detroit, Texas (4682), succeeded by The Planters Na-tional Bank of Detroit

The First National Bank of San Pedro, Calif. (7057), absorbed by Bank of ItalyNational Trust and Savings Association, San Francisco, Calif_ _

The First National Bank of Braggs, Okla., (10437) _

The First National Bank of Siloam Springs, Ark. (9871), succeeded by The FirstNational Bank in Siloam Springs _

The First National Bank of Foraker, Okla. (10356), succeeded by First State Bank,Foraker_.

The First National Bank of Wellington, Texas (8102), succeeded by The FirstNational Bank in Wellington.--

The First National Bank of Santa Rosa, Calif. (12201), absorbed by Bank ofAmerica of California, Los Angeles, Calif

The First National Bank of Caddo, Texas (11625)The American National Bank of Lebanon, Tenn. (5754), succeeded by American

Bank and Trust Company of Lebanon _The First National Bank of Prairie Grove, Ark. (8030), absorbed by Farmers State

Bank of Prairie Grove _The First National Bank in Cumby, Texas (12719), absorbed by First State Bank

in Cumby _ _The First National Bank of San Saba, Texas (7700), absorbed by the San Saba Na-

tional Bank, San Saba .The Northern National Bank of Philadelphia,5 Pa. (4192), absorbed by Ninth Bank

and Trust Company, Philadelphia._ __.The First National Bank of Olustee, Okla. (9960), absorbed by Farmers State

Bank, OlusteeThe Marine National Bank of Pittsburgh, Pa. (2237), absorbed by The Third

National Bank of PittsburghThe First National Bank of Mount Vernon, 8. Dak. (7582), succeeded by The

First National Bank in Mount Vernon •__The First National Bank of Horatio, Ark. (10447), absorbed by Bank of Horatio-.The Citizens National Bank of Martinsville, Ind. (4964), absorbed by The First

National Bank of Martinsville .-The Merchants National Bank of Asbury Park, N. J. (10932), succeeded by Mer-

chants Trust Company of Asbury ParkThe National Union Bank of Maryland at Baltimore, Md. (1489), absorbed by

Baltimore Trust Company, BaltimoreFirst National Bank of Granite Falls, Minn. (8416), absorbed by Granite Falls

Bank, Granite Falls....The First National Bank of Rice, Tex. (11632), absorbed by First State Bank,

Rice _

1929Jan. 15

1928Dec. 24

Dec. 31Dec. 27

1929Jan. 21

1928Nov. 10

1929Jan. 26

1928Dec. 12

1929Feb. 1

Jan. 21

Feb. 4

Jan. 30

Jan. 14

Jan. 24

1928Dec. 29

1929Jan. 21

Jan. 19

1928Dec. 26

1929Feb. 6Feb. 16

Jan. 7

Jan. 8

Jan. 22

Feb. 15

Mar. 4

Jan. 17

Feb. 26

Feb. 28Mar. 1

Feb. 25

Mar. 11

Mar. 12

Mar. 4

Feb. 16

$75,000

100,000

35,00025,000

75,000

50,000

100,000

100,000

50,000

25,000

250,000

300,000

100,000

200,000

25,000

50,000

25,000

50, 000

100,00025,000

100,000

25,000

50, 000

60, 000

400,000

25.. 000

300, 000

50,00025,000

100,000

400,000

1,000, 000

25, 000

25,000

« With 1 branch in Philadelphia.




Name and location of bankpa t e ofliquida-

tionCapital

The First National Btink of Sand Springs, Okia. (12079), succeeded by First StateBank of Sand Springs _

The City National Bank of Decatur, Tex. (5665), absorbed by The First NationalBank of Decatur

The First National Bank of Poultney, Vt. (2545), succeeded by First NationalBank in Poultney _ _

The Citizens National Bank of Norfolk, Nebr. (3741), absorbed by Nebraska StateBank of Norfolk

The First National Bank of Westerville, Ohio (7671), absorbed by Bank ol" Wester-ville County, Westerville

The First National Bank of Pompeys Pillar, Mont. (10922)Mercantile National Bank in Dallas, Tex. (12707), absorbed by Mercantile Bank

and Trust Company of Texas, DallasThe First National Bank of Long Beach, Calif. (5456), absorbed by Bank of Amer-

ica of California, San Francisco, CalifThe First National Bank of Auburn, Calif. (9227), absorbed by Bank of America

of California, San Francisco, CalifThe First National Bank of Exeter, Calif. (9370), absorbed by Bank of America

of California, San Francisco, CalifThe First National Bank of Chino, Calif. (10271), absorbed by Bank of America

of California, San Francisco, CalifNew First National Bank in Visalia, Calif. (12678), absorbed by Bank of America

of California, San Francisco, CalifFirst National Bank in South Pasadena, Calif. (12797), absorbed by Bank of Amer-

ica of California, San Francisco, Calif __.City National Bank of Spokane, Wash. (12418), absorbed by The Old National

Bank and Union Trust Company, SpokaneThe Security National Bank of Alexandria, S. Dak. (10187), absorbed by First

National Bank in AlexandriaThe First National Bank of Fullerton, N . Dak. (11217), absorbed by Farmers

State Bank of FullertonThe Bushwick National Bank of New York, N . Y. (12419), absorbed by Globe

Exchange Bank, Brooklyn, N . YThe First National Bank of Kosse, Tex. (9205), succeeded by The Kosse National

Bank of KosseNational Bank of Commerce in New York,6 N. Y., (733), absorbed by Guaranty

Trust Company of New YorkThe Caddo National Bank, Caddo, Okla., (7368), absorbed by Atoka State Bank

Atoka, Okla. __The First National Bank of Valley Mills, Texas (9148), succeeded by The First

National Bank in Valley Mills

The First National Bank of Casa Grande, Ariz. (11663), absorbed by ArizonaSouthwest Bank, Casa Grande

The Liberty National Bank of Tahlequah, Okla. (12089), absorbed by LibertyState Bank, Tahlequah

The First National Bank of Rhorne, Texas (10509), succeeded by The First NationalBank in Rhome

The Broadway National Bank of Richmond, Va. (10344), succeeded by BroadwayBank & Trust Company of Richmond L

First National Trust and Savings Bank of Whittier, Calif. (5588), absorbed byBank of America of California, Los Angeles, Calif

Anadarko National Bank, Anadarko, Okla. (5923), absorbed by Anadarko Bankand Trust Company, Anadarko

The Sonoma County National Bank at Petaluma, Calif. (9918), absorbed by Bankof America of California, Los Angeles, Calif

The Bloomfield National Bank, Bloomfield, N . J. (4056), absorbed by BloomfieldTrust Company, Bloomfield

The First National Bank of Arlington, S. Dak. (5916), succeeded by First NationalBank in Arlington

The Kenwood National Bank of Chicago, 111 (11999), absorbed by The Hyde Park-Kenwood National Bank of Chicago

The First National Bank of Electra, Texas (10050), succeeded by The First NationalBank in Electra

The Old National Bank of Grand Rapids, Mich. (2890), absorbed by Kent StateBank, Grand Rapids ..

The First National Bank of Florence, S. Dak. (10774), absorbed by The FirstNational Bank of Waiertown, S. Dak

The Hanover National Bank of the City of New York,7 N . Y. (1352), absorbed byCentral Union Trust Company of New York, N . Y

The Farmers National Bank of Ludlow, Mo, (8657), succeeded by the LudlowNational Bank, Ludlow

First National Bank at Turlock, Calif (11124), absorbed by Bank of America ofCalifornia, Los Angeles, Calif ,

The First National Bank of Paris, Tenn. (9334), absorbed by First State Bank &Trust Company of Paris

1929Feb. 6

Feb. 19

Mar, 5

Jan. 18

Mar. 15Mar. 19

Feb. 1

Mar. 1

Jan. 8

. . .do

Feb. 14

Jan. 8

Jan. 16

Mar. 19

Mar. 14

Apr. 1

Mar. 27

Apr, 5

Apr. 2

.__do

1928Dec. 5

1929Mar. 28

Apr. 5

Apr. 9

Feb. 11

Mar. 1

— d o . . . .

Apr. 15

Mar. 4

Apr. 20

Apr. 15

Apr. 22

Apr. 9

Apr. 23

Apr. 15

Feb. 13

Apr. 17

$50, 000

50, 000

50, 000

100, 000

25, 00025,000

1, 000, 000

200, 000

50,000

50,000

25, 000

100,000

100, 000

200,000

30,000

25,000

200, 000

50,000

25,000,000

25,000

50,000

25,000

40,000

25,000

300,000

250,000

25,000

400,000

300,000

50,000

300,000

100,000

800,000

25,000

10,000,000

60,000

75,000

50, COO6 With 1 branch in New York City. 7 With 11 branches in New York City.



TABLE N O . 5.—National banks reported in liquidation from November 1, 1928, toOctober 31, 1929, the names, where known, of succeeding banks in cases of suc-cession, with date of liquidation and capital—Continued


tionCapital

The First & Citizens National Bank of Smithfield, N. C. (10502), succeeded byFirst-Citizens Bank and Trust Company, Smithfield..._

First National Bank in Temple, Okla. (11384), succeeded by First State Bank inTemple _

The State National Bank of Terrell, Tex. (12733), succeeded by the State NationalBank in Terrell.__ __.

The Third National Bank of Syracuse, N. Y. (159), absorbed by First Trust andDeposit Company, Syracuse _ _

The Liberty National Bank and Trust Company of Syracuse,8 N. Y. (12122), ab-sorbed by First Trust & Deposit Company, Syracuse

The State National Bank of Bonham, Tex. (12699), absorbed by State Bank &Trust Company, Bonham _

The First National Bank of Equality, 111. (6978), succeeded by Equality StateBank, Equality _

The Chemical National Bank of New York,9 N. Y. (1499), succeeded by ChemicalBank and Trust Company, which is to consolidate with U. S. Mortgage andTrust Company, New York __ _

The Chapman National Bank of Portland, Me. (4868), succeeded by ChapmanBank & Trust Company.. __ _

Farmers National Bank of Fairfax, S. Dak. (12325), succeeded by The FarmersNational Bank of Fairfax. _

The First National Bank of Aurora, Oreg. (11975), absorbed by Aurora State Bank,Aurora

1929Apr. 25

1928Dec. 31

1929Apr. 18

Apr. 27

__do

The American National Bank of Ardmore, Okla. (12053), succeeded by The Ameri-can Bank and Trust Company of Ardmore

The Louisville National Bank and Trust Company, Louisville,10 Ky. (5161),succeeded by The Louisville Trust Company of Louisville _

The First National Bank of Big Sandy, Tenn. (13077), absorbed by Peoples UnionBank & Trust Company, Camden, Tenn _ _

The Planters National Bank of Detroit, Tex. (13259), absorbed by Citizens StateBank of Detroit

The National City Bank of Tampa, Fla. (10958), absorbed by The First NationalBank of Tampa

The First National Bank of Tarboro, N. C. (8356), succeeded by The EdgecombeNational Bank of Tarboro

The Merchants National Bank of Detroit, Mich. (10600), absorbed by The DimeSavings Bank of Detroit, which is to change its title to Bank of Michigan._

The First National Bank of Morrilton, Ark. (10434), absorbed by Peoples Bank& Trust Company of Morrilton..

The First and Security National Bank of Valley City, N . Dak. (11417), succeededby The National Bank of Valley City..

The Security National Bank of Lawton, Okla. (11680), succeeded by the SecurityBank & Trust Company _

The Orangeburg National Bank, Orangeburg, S. C. (10674), absorbed by theEdisto National Bank of Orangeburg.. _

The First National Bank of Rowlett, Tex. (12654), absorbed by First NationalBank of Garland, Tex

The First National Bank of Benjamin, Tex. (7669), succeeded by First State Bankand Trust Company of Benjamin _._

The Frontier National Bank of Buffalo, N. Y. (13085), absorbed by Liberty Bankof Buffalo

First National Bank in Georgetown, Del. (13278), succeeded by Georgetown TrustCompany, Georgetown

The First National Bank of Pequot, Minn. (11267), absorbed by Farmers StateBankofPequot

National Bank of Wehrum, Pa. (12602)Citizens National Bank of Vicksburg, Miss. (7507), absorbed by The First National

Bank of Vicksburg . _Arcadia National Bank and Trust Company of Newark, N. Y. (6802), succeeded

by Arcadia Trust Company of Newark.The Seaboard National Bank of The City of New York," N . Y. (12123), succeeded

by The Seaboard Bank of The City of New YorkThe First National Bank of Geyserville, Calif. (11678), absorbed by Bank of

America of California, Los Angeles, Calif __The Bristol National Bank, Bristol, Conn. (2250), absorbed by Bristol American

Bank and Trust Company, Bristol 1The Milton National Bank, Milton, W. Va, (12765), absorbed by Bank of Milton_.The Merchants-Laclede National Bank of Saint Louis, Mo. (5002), absorbed by

Mississippi Valley Trust Company, St. Louis, which changed its title to Missis-sippi Valley Merchants State Trust Company

The State National Bank of St. Louis, Mo. (5172), absorbed by Mississippi ValleyTrust Company, St. Louis, which changed its title to Mississippi Valley Mer-chants State Trust Company _.

Apr. 25

Feb. 26

May 2

May 1

Apr. 26

Mar. 23

Apr. 2

May 15

May 16

May 13

May 7

May 23

May 27

May 13

. . .do, . . - .

June 3

Jan. 8

June 6

Apr. 25

June 10

June 11

June 5June 12

May 23

June 15

June 18

Feb. 6

June 21June 28

June 29

$175,000

25,000

200,000

300,000

400,000

200,000

35,000

6,000,000

400,000

50,000

25,000

300,000

750,000

25,000

25,000

500, 000

100,000

2,000,000

50,000

100,000

100, 000

200,000

25,000

50,000

200,000

50,000

25,00025,000

100,000

200,000

11,000,000

25,000

200,00050,000

1, 700, 000

2, 000, 0008 With 1 branch in Syracuse.» With 7 branches in New York City.

io With 6 branches in Louisville.u With 3 branches in New York City.


REPORT OF THE COMPTROLLER OF THE CURRENCY 235TABLE NO. 5.—National banks reported in liquidation from November 17 1928, to

October SI, 1929, the names, where known, of, succeeding banks in cases of suc-cession, with date of liquidation and capital—Continued


The Vienna National Bank, Vienna, Va. (11764), succeeded by Vienna TrustCompany, Vienna _

The Tenth National Bank of Philadelphia, 12 Pa. (3423), absorbed by IntegrityTrust Company, Philadelphia T - •_

The Broadway National Bank, of Paterson, N. J. (12726), succeeded by BroadwayBank & Trust Company, Paterson .

The Central National Bank of Lincoln, Nebr. (8885), absorbed by The FirstNational Bank of Lincoln _.

The First National Bank of Libby, Mont. (9594), absorbed by First State Bank ofLibby..

The First National Bank of Forrest City, Ark. (10550), absorbed by Bank of Eastera, Ark., Forrest City

The Powell National Bank, Powell, Wyo. (10565), succeeded by Park CountyBank, Powell

The Farmers National Bank of Yale, Okla. (10722) _.The First National Bank of Carterville, Mo. (4475), absorbed by Webb City Bank

of Webb City, MoThe National Bank of New Berne, N. C. (1632), succeeded by The First National

Bank of New BernThe First National Bank of Brookville, Ohio (9553), absorbed by The Citizens

State & Savings Bank of Brookville, which changed its title to the BrookvilleState Bank

The Jackson National Bank, Jackson, Minn. (6992), succeeded by The JacksonNational Bank in Jackson

The Oklahoma National Bank of Hastings, Okla. (12150), succeeded by The Okla-homa State Bank, Hastings

The Potomac National Bank, Potomac, 111. (6824), absorbed by Goodwine StateBank of Potomac

The First National Bank of Underwood, N. Dak. (11272), absorbed by SecurityState Bank, Underwood

The First National Bank of Ault, Colo. (8088), absorbed by The Farmers NationalBank of Ault

The Vermilion National Bank, Vermilion, S. Dak. (7352), succeeded by The FirstNational Bank and Trust Company of Vermilion

The First National Bank of Morgantown, Ind. (7652), succeeded by First StateBank, Morgantown

The First National Bank of Vermilion, S. Dak. (4603), succeeded by The FirstNational Bank and Trust Company of Vermilion

The Merchants National Bank of Fargo, N. Dak. (8170), succeeded by The Mer-chants National Bank and Trust Company of Fargo

The Colton National Bank, Colton, Calif. (8608), succeeded by The CitizensNational Bank of Colton

The College National Bank of Berkeley, Calif. (11495), absorbed by American TrustCompany, Berkeley -_ -. _.

The Community National Bank of Buffalo," N. Y. (11768), absorbed by LibertyBank of Buffalo...

The American National Bank of Okmulgee, Okla. (12048), absorbed by The CentralNational Bank of Okmulgee •_

The Fordham National Bank in New York, N. Y. (12825), absorbed by BronxC t Tt C N Y k

, (), yCounty Trust Company, New York

First National Bank in Escondido, Calif. (13029), absorbed by Security Trust &S i B k f S Di Clifirst Nat ioal Ba i c o d ,Savings Bank of San Diego, Calif

The First National Bank of Bement, 111. (4829), absorbed by the State Bank ofBement.

The National Bank of Wheaton, Minn. (8993), absorbed by The First NationalBank of Wheaton

The First National Bank of Wellston, Okla. (9983), absorbed by The WellstonNational Bank, Wellston

The First National Bank of Cooperstown, N. Dak. (5375)/succeeded by The FirstNational Bank in Cooperstown..

The Thames National Bank, Norwich, Conn. (657), succeeded by The ThamesBank, Norwich _ _. .

The Dakota National Bank of Aberdeen, S. Dak. (8642), absorbed by The FirstNational Bank of Aberdeen ___

The Peoples National Bank of Ypsilanti, Mich. (12436), absorbed by The FirstNational Bank of Ypsilanti _

The Union National Bank of Neodesha, Kans. (13033), absorbed by The FirstNational Bank of Neodesha

The First National Bank of Bainbridge, Pa. (9264), absorbed by ElizabethtownTrust Company, Elizabethtown ..

The First National Bank of Deer Creek, Minn. (7268), succeeded by First NationalBank in Deer Creek

The Norwood National Bank, Norwood, Ohio (8505), absorbed by Norwood-HydePark Bank & Trust Company, Norwood.--

The Yuma National Bank, Yuma, Ariz. (9608), succeeded by Yuma Valley Bank,Yuma

Date ofliquida-

tion

1929June 29

July 1

._.do

June 21

July 1

May 6

Feb. 2May 21

June 29

July 17

July 22

July 9

May 29

Apr. 23

July 22

Apr. 29

Aug. 1

...do

12 With 1 branch in Philadelphia. 13 With 7 branches in

...do

July 26

July 24

July 27

June 10

July 30

July 31

June 1

June 29

Aug. 6

July 22

Aug. 9

Aug. 2

June 24

Aug. 10

June 8

Aug. 5

Aug. 7

Apr. 22

June 22

Buffalo.

Capital

$25, 000

1,000,000

200,000

200,000

40,000

50,000

40,00025, 000

50,000

250,000

25,000

80,000

25,000

30,000

25,000

25,000

50,000

50,000

75,000

100,000

50,000

200,000

1, 000, 000

200, 000

500, 000

50,000

50,000

25,000

25, 000

50,000 -

1,000,000

50, 000

100, 000

50,000

25, 000

25,000

200,000

150, 000





tionCapital

Farmers & Merchants National Bank, of Jamestown, N. Dak. (10495), succeededby The National Bank and Trust Company of Jamestown

The First National Bank of Ryan, Okla. (5800), succeeded by the First StateBank of Ryan __ _

The Northfield National Bank, Northfield, Minn. (5895), succeeded by NorthfieldNational Bank and Trust Company, Northfield__ _ _

The City National Bank of San Antonio, Texas (5217), succeeded by City CentralBank & Trust Company, San Antonio... _

The Oklahoma National Bank of Skiatook, Okla. (10464), succeeded by The Okla-homa First National Bank of Skiatook. _

The National City Bank of Akron, Ohio (6763), absorbed by The First Trust &Savings Bank, Akron. _

^The First National Bank of Highland at Monterey, Va. (9043), absorbed by Citi-zens Bank of Highland—

The First National Bank of Spiro, Okla. (9275), absorbed by Farmers State Bankof Spiroh O k

f SpioThe Oakmont National Bank, Oakmont, Upper Darby, Pa. (12858), absorbed by

89th Street Terminal Title and Trust Company, Upper DarbyAddison National Bank of Chicago, 111. (13119), absorbed by Citizens State Bank

of ChicagoNational Bank of Niagara and Trust Company of Niagara Falls," N. Y. (12284),

absorbed by Niagara Falls Trust Company, Niagara FallsThe First National Bank of Willmar, Minn. (6151), absorbed by Bank of Willmar.The First National Bank of Grundy Center, Iowa (3225), succeeded by First Trust

& Savings Bank, Grundy CenterThe Painesville National Bank, Painesville, Ohio (2842), succeeded by The Paines-

ville National Bank and Trust Company, PainesvilleThe Citizens National Bank of Raleigh," N. C. (1766), succeeded by Citizens Bank

of Raleigh _.The Murchison National Bank of Wilmington, N. C. (5182), succeeded by The

Murchison Bank of Wilmington. _The First National Bank of Wetumka, Okla. (5935), absorbed by The National

Bank of Commerce of WetumkaAmerican National Bank <& Trust Company of Greensboro,16 N. C. (10112), suc-

ceeded by American Bank and Trust Company, to be succeeded by NorthCarolina Bank and Trust Company

The First National Bank of Rocky Mount, N. C. (10630), succeeded by The Bankof Rocky Mount

The First National Bank of Chesaning, Mich. (11454), absorbed by ChesaningState Bank. _

The First National Bank of Helena, Ark. (3662), absorbed by The InterstateNational Bank of Helena. __

The First National Bank of Roanoke Rapids, N. C. (5767), absorbed by RoanokeB k & T t C R N C

1929Aug. 13

July 19

Aug. 15

Aug. 29

Aug. 5

Aug. 31

Sep. 2

Aug. 26

Sep. 3

...do

Aug. 31Sep. 7

Aug. 27

Sept. 10

Sept. 21

...do

Mar. 11

Bank & Trust Company, Rosemary, N . C *The City National Bank and Trust Company of Bridgeport, Conn. (921), suc-

ceeded by The Bridgeport City Bank, BridgeportThe First National Bank of Charles City, Iowa (1810), absorbed by Security Trust

& Savings Bank, Charles City •The First National Bankof Rockwell City, Iowa (5185), absorbed by Union State

Bank, Rockwell CityThe First National Bank of Amboy, Minn. (9775), succeeded by The First N ational

Bank in AmboyThe First National Bankof Loogootee, Ind. (7241), succeeded by The Union Bank,

LoogooteeThe First National Bank of Savage, Mont. (11032), absorbed by The Sidney Na-

tional Bank, Sidney, Mont _The Brookings National Bank, Brookings, S. Dak. (13181), succeeded by Brook-

ings County Bank, BrookingsThe Drovers and Merchants National Bankof Philadelphia,u Pa. (11476), absorbed

by The Bankers Trust Company, Philadelphia __The First National Bank of Lake Benton, Minn. (4509), absorbed by The National

Citizens Bank of Lake Benton__ _The First National Bank of Taloga, Okla. (7019), succeeded by the Dewey County

State Bank of Taloga...The First National Bank of Versailles, Mo. (7256), succeeded by The First National

Bank in Versailles _ _The American National Bank of Little Falls, Minn. (4655), succeeded by The

American National Bank in Little FallsThe First National Bank of Kenton, Term. (10404), succeeded by Kenton Banking-

Company, Kenton. _The First National Bankof Brooksville, Fla. (9891), succeeded by the First Na-

tional Bank in Brooksville-The First National Bank of Mason, Ohio (7403), absorbed by The Mason Bank,

Mason_ •The First National Bank of Dillon, S. C. (10908), absorbed by Bank of Dillon

i* With 1 branch in Niagara Falls." With 1 branch in Raleigh.

Sept. 21

...do

Sept. 23

May 28

Aug. 30

Sept. 20

Sept. 28

Sept. 26

Aug. 5

July 13

Oct. 1

Sept. 19

Oct. 11

Oct. 9

Aug. 12

Oct. 7

Aug. 1

Sept. 12

Oct. 16 |

Oct. 19 jMay 21 i

• With 1 branch in Greensboro.With 1 branch in Philadelphia.

$50,000

50,000

100,000

1,000,000

25,000

1, 000, 000

25,000

25,000

25,000

200,000

1, 200,000100,000

50,000

150,000

750,000

1,000,000

40,000

1,000,000

262,500

50,000

200, 000

100,000

1,000, €00

100,000

50,000

50,000

25,000

25,000

50,000

1,000,000

25,000

25,000

30,000

100,000

25,000

50, 000

25,000100, 000





tionCapital

The Citizens National Bank of Harrison, Ark. (12291), succeeded by The CitizensBank and Trust Company, Harrison _

The Quinlan National Bank, Quinlan, Tex. (12761), succeeded by The SecurityState Bank, Quinlan _

The First National Bank of Springfield, Minn. (8269), absorbed by Farmers StateBank of Springfield._. _ __

The First National Bank of Skiatook, Okla. (9969), succeeded by The OklahomaFirst National Bank of Skiatook

The First National Bank of Driggs, Idaho, (10278) succeeded by First NationalBank in Driggs

1929June #0

Oct. 9

Oct. 22

Aug. 5

Oct. 15

Total (221 banks).

$50, 000

25,000

40,000

25,000

50,000

98, 267, 500


TABLE NO. 6.—Capital stock, surplus, undivided profits, and aggregate resources of banks consolidated under act of November 7, 1918, asamended February 25, 1927, for the year ended October 31, 1929, as shown by their last reports prior to consolidation CO

00

Closing banks

Char-terNo.

6533

1928

7,362

12686

Tit le and location

Oxford Bank andi rusi uo., Jtrniia-delphia.

Peoples State Bankr\f Q i "1111 *\ r oTIOI otllllvaXl*

Second Ward SavingsBank of Milwau-kee.

The First NationalBank of CambridgeSprings.

The Farmers & Me-chanics NationalBank of Washing-

Cobbs Creek Titleand Trust Com-pany of Philadel-phia.

The First NationalBank of RockyMount.

New England Na-tional Bank andTrust Co. in Kan-sas City.

First Trust and Sav-ings Bank of LaPorte.

The Exchange TrustCo., Little Rock.

The Citizens TrustCo., Allentown.

The State SavingsBank of Lapeer.

State

P a

Ind

Wis

P a

D. C . . .

Pa

N . C.__

Mo

Ind

Ark_. . .

Pa

Mich_.

Capital

$500,000

125,000

1,000,000

75,000

252,000

125,000

150,000

1,000,000

100,000

100,000

500,000

45,000

Surplus

$500,000

125,000

3,000,000

75,000

350,000

35,000

125,000

500,000

100,000

100,000

750,000

40, 000

Un-dividedprofit

$46,176

18,705

769,844

20,971

60, 342

39,932

33,145

157,868

43,289

32,104

234,451

20,494

Aggregateresources

$9,600,829

1,664,458

43,644,858

1, 204,159

4, 708,244

1,767,806

1,845,703

16, 667,386

2,662,396

1,578,459

4,736,642

1,346,397

Continuing banks

Char-ter

542

5392

64

9430

5046

13180

10630

11344

377

3300

6645

1731

Title and location

Corn Exchange Na-f lATinl I J OTl'L*' QTiHt l O n a i XS8II1J£ cLDG

Trust Co., Phila-delphia.The National Bank

oi ouiiivan.First Wisconsin Na-

tional Bank of Mil-waukee.

The Springs NationalBankof CambridgeSprings.

The Riggs NationalBank of Washing-ton, D. C.

City National Bank& Trust Companyof Philadelphia.

The National Bankof Rocky Mount.

Fidelity NationalBank and TrustCo. of Kansas City.

The First NationalBank of La Porte.

The Exchange Na-tional Bank of Lit-tle Rock.

The Merchants Na-tional Bank of Al-lentown.

The First NationalBank of Lapeer.

Capital

$2,700,000

150,000

6,000,000

50,000

2, 500,000

1, 000,000

200, 000

2,000,000

250,000

300,000

400,000

75, 000

Surplus

$7,800,000

50,000

4,000,000

50,000

2,000,000

1,000,000

100,000

500,000

100,000

200,000

1,400,000

75,000

Un-dividedprofit

$1,046,305

28,789

1,218,313

49,357

441,186

27,698

13,050

646,440

30,635

19,337

194,858

13,719

Aggregateresources

$91,180,408

1,703,621

134,973,576

1,213,744

51,538,850

6,980,355

2,378,074

36, 290,042

2,962,043

5, 544,224

8,642,112

1,080, 381

Date ofreports

1928Oct. 3

_ do___ _

do

...do

...do

...do.

Dec. 31

...do

Oct. 3

Dec. 31

do

...do

Date ofconsoli-dation

1928Nov. 1

Nov. 19Dec 15

Do

Do.

Dec. 28

Dec. 31

Do.

Do.

Do.

1929Jan. 7

Jan. 15


4805

2598

1146

3738

10026

11856

3052

2020

The National Bankof Urbana.

The Frackelton StateBank of Petersburg.

The Gar field Na-tional ±*ank of theCity of New York.

The Mad River Na-tional Bank ofSpringfield.

The Chattanooga Sav-ings Bank andTrust Co.

The Milton NationalBank, Milton.

Rawson State BankChicago.

The Lockwood Na-tional Bank of SanAntonio.

Lincoln Trust Co. ofNew Jersey.

United States Nation-al Bank of McMinn-ville.

The National CityBank of Seattle.

The Marine NationalBank of Seattle.

The Hamilton Trust& Savings Bank ofChattanooga.

Griswold-First StateBank, Detroit.

The American Ex-change Bank, Port-land.

Phoenix NationalBank and Trust Co.of Lexington.

The Merchants Na-tional Bank of St.Paul.

Liber ty CentralT r u s t Co., St.Louis.

Security Trust & Sav-ings Bank, Los An-geles.

Ohio...

Ill

N. Y.__

Ohio...

Tenn

PaIll

Tex.._.

N. J..__

Oreg...

Wash..

Wash..

Tenn...

Mich...

Oreg...

Minn.

Mo.. .

Calif._

200, 000

100,000

1,000,000

300,000

1,000,000

100,000

4,000,000

200,000

600,000

50,000

500,000

300,000

500,000

2, 500,000

200,000

1,000, 000

2,000,000

3,000,000

12, 000,000

40,000

10,000

1,000,000

60,000

500,000

100,000

5,500,000

340,000

400,000

50,000

100,000

100,000

2, 500,000

50,000

500,000

2, 000,000

3, 000, 000

8,112

900,166

3,963

247,094

103,347

1,859,674

64,046

414,676

15,090

245,223

54,760

91,514

170,021

33,267

120,959

405,084

1, 350,000

6,120, 315

866, 556

519,472

22,090,256

2,994,406

8,848,326

873,608

104,364,057

3,525,526

8,904,089

1,023, 268

5,866,161

469,101

4,411,953

46,620,060

3,407,036

8, 583, 257

50,405, 043

39,346, 978

281, 655, 520

916

3043

2370

238

1606

253

8

5179

374

3857

\ 4375

7848

8703

12557

906

203

170

2491

The Champaign Na-tional Bank of Ur-bana.

The First NationalBank of Petersburg*

The Chase NationalBank of the Cityof New York.

The First NationalBank and TrustCo. of Springfield.

The First NationalBank of Chatta-nooga.

The First NationalBank of Milton.

The First NationalBank of Chicago.

The Frost NationalBank of San An-tonio.

The First NationalBank of JerseyCity.

The McMinnvilleNational Bank Mc-Minnville.

The National Bankof Commerce of Se-attle.

The Hamilton Na-tional Bank ofChattanooga.

The National Bankof Commerce ofDetroit.

Portland NationalBank, Portland.

The First and CityNational Bank ofLexington

The First NationalBank of St. Paul.

First National Bankin St. Louis.

Los Angeles-First Na-tional Trust & Sav-ings Bank, Los An-geles.

200,000

100,000

60,000,000

1,000,000

1,250,000

200,000

20, 000,000

1,000,000

1, 000,000

75,000

1,000,000

1, 500,000

2, 500,000

200,000

800, 000

3,000,000

10,000,000

13, 750,000

100, 000

75,000

60,000,000

600,000

1,250,000

200,000

15,000,000

500,000

1,500,000

75,000

1,000,000

600,000

3,000,000

20,000

400,000

2,000, 000

5,000,000

8, 000,000

111, 230

26,000

17,490,815 1

111, 455

232,812

25,963

6,801,873

364, 782

172, 593

20,671

270,423

122,680

902, 251

30,341

50,000

2,005,980

2,169, 309

10, 073, 806

1, 645, 216

886,133

.421.090.732

10,702,278

23,513,122

1,952,059

365, 766,914

22, 777,648

27,056,882

1,346,185

28,298,442

21,505,631

57,831,960

3,077,415

6,480,075

70,232, 729

160,095,094

342,961,842

...do

do

___do

...do

...do

...do

...do

...do

...do

...do

...do

...do

do

...do

...do

....do

...do

1929Mar. 27

» Jan. 17

Jan.

Jan.

Feb.

Feb.

Do.

Feb.

Feb.

Feb.

Feb.

Feb.

Feb.

Feb.

Do.

Mar.

Mar.

Do.

Mar.

23

26

1

2

11

16

18

19

23

26

28

j

2

23

30


TABLE NO. 6.—Capital stock, surplus, undivided profits, and aggregate resources of banks consolidated under act of November 7, 1918, asamended February 25, 1927, for the year ended October 81, 1929, as shown by their last reports prior to consolidation—Continued

Closing banks Continuing banks

Char-terNo.

Title and location State Capital SurplusUn-

dividedprofit

Aggregateresources

CharterNo.

Title and location Capital SurplusUn-

dividedprofit

Aggregateresources

Date ofreports


12980

4412

11360

9374

13290

Granite NationalBank of Brooklynin New York.

Union Trust Co.Charleston.

The Citizens National

The Peoples StateBank of Richmond.

The Liberty NationalBank of JamestownN. Y.

American ExchangeNational Bank ofDuluth.

Marathon CountyBank, Wausau.

The Citizens Nation-al Bank & TrustCo. of Everett.

10602 Mount Vernon Na-tional Bank, MountVernon.

13301 i The Blair NationalI Bank of New York.

12970 The Traders NationalBank of Brooklynin New York.

The Boone CountyBank of Madison.

12043

10019

Tulsa National BankTulsa.

The Ottawa CountyNational Bank ofMiami.

N. Y__.

W. Va.

W. Va.

Kans...

N. Y._.

Minn..

Wash.

Wash..

N. Y...

N. Y...

W. Va.

Okla._.

Okla-_,

$300,000

500,000

125,000

10,000

200,000

2,000,000

200,000

100,000

50,000

200,000

500,000

100,000

750,000

150,000

$75,000

250,000

125,000

10,000

50,000

1,000,000

100,000

20,000

10,000

0)250,000

28,373

200,000

30,000

$23,114

65,403

111,614

9,310

550,188

12,969

5,259

2,076

$2,319,004

3,869,086

3,376,012

184,976

1,183,806

15,956,087

2,634,923

1,382,096

848,441

50,291

3,309

25,223

21,695

3,155,703

606,404

7,649,607

2,956,916

658

• 3236

11728

9748

3626

4744

11693

12154

13193

6510

5171

5252

Nassau NationalBank of Brooklyn.

(The Charleston Na-< t i o n a l B a n k ,I Charleston.

The First NationalBank of Richmond.

American NationalB ank of Jamestown.

The First NationalBank of Duluth.

American NationalBank of Wausau.

The Security Nation-al Bank of Everett.

The Skagit NationalBank, of MountVernon.

[The Bank of America< National Associa-[ tion, New York.

The Madison Na-tional Bank, Madi-son.

The First National

Co., of Tulsa.The First National

Bank of Miami.

$1,500,000

> 500,000

25,000

200,000

2,000,000

400,000

150,000

50,000

>25,000,000

100,000

2, 500,000

100,000

$1,500,000

1,500,000

3,000

250,000

1,500,000

300,000

37,500

10,000

35,000,000

90,000

750,000

25,000

$721,713

207,998

26

82,435

960,249

12,008

10,281

3,364,385

5,168

113,567

43,991

$27,259,620

11,668,523

5,636,150

24,366,919

5, 312,515

1,979,185

844,215

384,607,480

959,992

33,543,249

1,896,755

1929Mar. 27

_._do

_do._

..do_.

...do

_do_.

_do..

___do

_._do

—do..

. . .do. .

. . .do. .

1929Mar. 30

Do.

Do.

Apr. 13

Apr. 18

Apr. 20Do.

V

May 4

May 20

May 31

June 22

Do.


The Nassau NationalBank of Brooklynin New York.

The NorthwesternNational Bank ofGrand Forks.

The American Na-iionai uanK 01Roanoke.

The CommercialTrust and SavingsBank of Joliet. .The Farmers' LoanState Bank, NewYork.

Teter State Bank,Chicago.

The NorthamptonTrust Co.of Easton.

The Farmers Na-tional Bank of No-komis.

The Bank of Reedy..The Cartersville Na-

tional Bank, Car-tersville.

The First AmericanSavings Bank, Lim-ited, Honolulu.

The Bank of Bishopand Co., Limited,Honolulu.

The Army National"Ranlr nf RphnfipirlB arracks, Honolulu.

The Fidelity Na-tional Bank of Spo-kane.

The Southwark Na-tional Bank, Phila-delphia.

The National Bankof Granville at Ox-ford.

The Colonial Na-tional Bank of Nor-folk.

N. Y...

N.Dak.

Va—__

111

N. Y_-

111

Pa

111

W. Va.

Ga

Wash..

Pa

N . C__.

Va

1,700,000

200, 000

300,000

100,000

10,000,000

1,000,000

125,000

75,000

25,000

100,000

200,000

2,000,000

100,000

500,000

500,000

152,600

475,000

1,500,000

50,000

200,000

20,000

500,000

359,000

200,000

3,300

13,000

20,000

100,000

1,250,000

140,000

100,000

850,000

75,000

(i)

721,713

15,511

2,290

36,269

9,459,326

133,024

183

1,022

17,019

68,569

261,011

28,672

21,552

65,640

8,124

27,259,620

2,934,827

3,026,320

2,104,359

172, 523,744

26, 712,089

2, 372,094

467,492

132,321

791,875

3,157,975

24,966,495

2,280,991

5,690,286

15,106, 881

1,885,510

13193

2570

11817

512

1461

4605

1171

1934

10285

4012

1I

• 5550

13331

3(504

.5885

98851

1

The Bank of Ameri-ca National Asso-ciation New York.

The First NationalBank of GrandForks.

The Colonial Na-tional Bank ofRoanoke.

The First NationalBank of Joliet.

The National CityBank of New York.

The National Bankof the Republic,Chicago.

The First NationalBank of Easton.

The Nokomis Na-tional Bank, No-komis.

The First NationalBank of Reedy.

The First NationalBank of Carters-ville.

The First NationalBank of Hawaii, atHonolulu.

The First NationalTrust and SavingsBank of Spokane.

The Manayunk-Quaker City Na-tional Bank ofPhiladelphia.

The First NationalBank of Oxford.

The Virginia Na-tional Bank of Nor-folk.

34,340,925 35,000,000 3,364,385 384,607,480

200,000 50,000 38,926 4,848,461

700,000 300,000 115,482 5,473,877

1,000,000 250,000 155,863 18,355,017

100,000,000 100,000,000 11,246,473 1,423,593,549

7,000,000

400,000

100,000

25,000

100,000

500,000

200,000

1,000,000

100,000

500,000

1, 500,000

400,000

20,000

25,000

55,000

750,000

3,045, 635

2, 576,800

100,000

100, 000

162,937,196

135,258|i

421

8,100

62,401

75,209

5, 453, 711

do | June 27

.do

June

do

29

June

June

Do

98

29

Mar. 27

June 29

.. .do

781,3121...do

231,439

76, 792

58, 522

322,677

1,296,300

. . . do

. . . d o

7,410,283 . . . do

16,709,730

1,767,608

6,347,213

..do..

..do.,

.do..

Do.

July 1

Do.

July 2

July 3

July 5

July 6

July

July

July

July

9

13

15

30

1 New national bank did not report prior to consolidation.tsD


TABLE NO. 6.—Capital stock, surplus, undivided profits, and aggregate resources of banks consolidated under act of November 7, 1918, asamended February 25, 1927, for the year ended October 81, 1929, as shown by their last reports prior to consolidation—Continued

Closing banks

Char-terNo.

5083

891

12082

2525

13027

5137

4125

Title and location

Guaranty Trust Co.o ewar .

Citizens State andTrust Bank, Ed-wardsville.

The Vinita NationalBank, Vinita.

American Bank andTrust Co., Phila-delphia.

The National ParkBank of New York.

The American Na-tional Bank of Still-water.

The Third NationalBank of Pittsfield.

The Claremont Na-tional Bank of NewYork.

Merchants Trust andSavings Bank, Bat-tle Creek.

The Merchants Na-y l y ) 1 1 r%\ JTJ <"?• \ 1 I Y d X - l v t

Trust Co. of El-mira.

The Union NationalBank of Muskegon.

State

N. J.__.

Ill

Okla...

Pa

N. Y._.

Okla...

Mass—

N. Y.T_

Mich_.

Ni Y...

Mich_\

Capital

$500,000

100,000

55,000

500,000

15,000, 000

50,000

125,000

750,000

250,000

250,000

400,000

Surplus

$187,500

70,000

5,500

600,000

20,000,000

10,000

125,000

148,397

125,000

250,000

200,000

Un-dividedprofit

$123,040

5,828

222

187,288

4,500,805

863

154,516

87, 540

79,312

175,631

Aggregateresources

$2,505,991

1,179,371

655,620

5,994,263

265,653,302

769,241

1,846,205

4, 629,276

4,481,017

4, 752,225

4,685,336

Continuing banks

Char-terNo.

9912

11039

4704

723

2370

5206

1260

13260

7589

149

4398

Title and location

New Jersey Nationalj39XLJv cinci J. r u s eCo. of Newark.

The EdwardsvilleNational Bank,Edwardsville.

The First National-t>£u_LK o r v m i L a .

The Central Na-tional Bank ofPhiladelphia.

The Chase NationalBank of the City ofNew York.

The First NationalBank of Stillwater.

The Pittsfield Na-tional Bank &Trust Co., Pitts-

The Lefcourt Nor-mandie NationalBank of New York.

The Old NationalBank and TrustCo. of Battle Creek.

The Second National

The Hackley Nation-al Bank of Muske-gon.

Capital

$2,650,000

100,000

60,000

1,500,000

80,000,000

75,000

300,000

2,000,000

500,000

400,000

400,000

Surplus

$1,000,000

100,000

12,000

5,000,000

61,000,000

15,000

300,000

1,000,000

700,000

600,000

400,000

Un-dividedprofit

$355,080

45,751

5,190

1,003, 689

20, 846, 265

1,830

121,512

424, 561

23,161

503,301

329,454

Aggregateresources

$28,412,208

2,972,348

1,191, 702

40, 706,135

1,106,810,203

1,003, 722

5,254,169

15, 761, 758

13,099, 542

12, 625,824

7, 974,237

Date ofreports

1929June 29

. . .do

. . .do

. . .do

do

. . .do

___do

. . .do

. . .do

. . .do

_._do


1929Aug. 1

Aug. 15

Aug. 17

Aug. 23

Aug. 24

Aug. 29

Aug. 31

Do.

Do.

Sept. 14

Sept. 17

i3


2583

1802

13239

2435

296

10955

10165

4229

2783

Des Moines SavingsBank & Trust Co.,Des Moines.

The Des Moines Na-iivjidi x>anK, sJGoMoines.Manufacturers N a -tional Bank andTrust Co. of Racine.

The Yonkers TrustCo., Yonkers.

The Bryn Mawr-Nepperhan Nation-al Bank of Yonkers.

The Chapin NationalBank of Springfield.

Ridgewood Trust Co_

Second NationalBank and Trust Co.of Oswego.

The North Brook-field Na t iona lBank, North Brook-field.

The Second NationalJDCIIIK OI ±>8Xr6.

The Seattle NationalBank, Seattle.The First National

Bank, of Seattle.

35 State banks50 national banks

Iowa_._

Iowa.__

Wis

N. Y...

N. Y.._

Mass_._

N . J_

N . Y_._

Mass___

Mass___

W a s h . .

W a s h . .

400,000

1,000,000

300,000

500,000

100,000

500,000

150,000

150,000

50,000

25,000

2,000,000

1.000,000

43,055,00037, 359,600

150,000

200,000

200,000

250,000

50,000

500,000

75,000

150,000

12,500

25,000

500,000

250,000

20,897,87332, 664,697

159,644

126,260

143,815

53, 292

687

110,410

44,021

188,362

13,278

10,920

462,695

240,278

22, 201, 22310,072,492

7,176, 536

16, 519,828

7,817,874

11, 970, 743

522,295

9, 493,291

3,494, 710

3, 850,962

713,855

435,205

30, 242,808

19,828, 715

841,146,433591, 810,186

][ 2307

J457

1J

4907

5205

255

7595

1

J 1 2 8 0

(The Iowa National•I Bank of Des[ Moines.

The First NationalBank of Racine.

(The First National1 Bank of Yonkers.

The Springfield Na-f 1 f\ T1 Q 1 TJ Q Tl l rI I U 11 di 1 J3 Ot IX Jb.)

Springfield.The First National

Bank of Ridge-wood.

The First NationalBank of Oswego.

[Worcester County< National Bank ofI Worcester.

(The Dexter Horton< National Bank of( Seattle.

(76 national banks) _

i 1,200,000

500,000

} 600,000

1,000,000

100,000

200,000

1} 1,500,000j

} 3,000,000

407,975,925

800,000

500,000

500,000

1,000,000

200,000

125,000

1. 500,000

1, 500,000

374,939, 300

109,405

459,338

278,489

479,571

96, 764

61,275

473,543

886, 725

442,515

19,080,483

9,872,161

15,409,053

16,844,442

4,032,972

3,017,466

34,478, 723

45,008,701

6,833,430,951

. . . d o . . . .

do,™

...do

Oct. 4

.__do__._

...do

...do

...do

Sept. 20

Sept. 27

Sept. 30

Oct. 11

Oct. 14

Oct. 15

Oct. 21

Oct. 31

I

a

cj

Hi

co



TABLE N O . 7.—National banks consolidated under act of November 7, 1918, theircapital, surplus, undivided profits, and aggregate resources, pear ended October 81,1929

Con-soli-da-tionNo.

257

258

260

261

266

268

269

271

273

275

276

280

281

284

285

287

288

290

291

292

294

295

296

297

298

303

Char-terNo.

9430

5046

10630

11344

916

' 2370

238

253

5179

3857

4375

906

203

658

3236

9748

3626

11693

12154

13193

5171

5252

13193

2570

11817

1934

Title and location of bank State

Pa

D. C_._

N. C.._

Mo

Ohio...

N. Y.._

Ohio...

Pa

Tex

Oreg___

Wash..

Ky...._

Minn_.

N. Y.._

W. Va,

N. Y___

Minn_-

Wash._

.-do. . . .

N. Y_._

Okla.__

—do .._

N. Y...

N.Dak.

Va

Ill

Ga

Date ofconsol-idation

192*Dec .

__.do_

Dec.

15

31

___do

192<Jan.

Jan.

Feb.

Feb.

Feb.

Feb.

Feb.

Mar.

Mar.

Mar.

. . .do.

Apr.

Apr.

Apr.

May

May

June

June

June

June

June

July

July

July

17

26

1

'?

16

19

23

2

23

30

. . . .

13

18

20

4

20

22

?4

27

28

29

2

5

6

Capital Surplus

$50,000

2, 750,000

100,000

950,000

200,000

61,000,000

600,000

300,000

800,000

75,000

1,-900,000

800,000

4,000,000

1, 700,000

1,000, 000

300,000

2,000,000

20,000

20,000

35, 500,000

1,000,000

50,000

35, 500,000

100,000

500,000

25,000

50,000

1, 880,000

Undi-videdprofits

$35,000

580,415

37,500

150,810

19,067,309

119, 326

40, 305

467,635

21,177

554, 807

342,702

1, 570, 521

700, 410

302,987

19, 552

2,002,120

5,436

3,088,046

378, 494

67,847

5, 657, 283

53, 654

102, 790

633

22,055

438, 364

Aggregateresources

306, 555

The Springs-First Na-tional Bank of Cam-bridge Springs.

The Riggs NationalBank of Washington.

The First NationalBank of RockyMount.

Fidelity National Bankand Trust Companyof Kansas City.

The Champaign Na-tional Bank of Ur-bana.


The First NationalBank and Trust Com-pany of Springfield.

First Milton NationalBank, Milton.

The Frost NationalBank of San Antonio.

United States NationalBank of McMinnville.

The National Bank ofCommerce of Seattle.

First National Bankand Trust Companyof Lexington.

The First NationalBank of Saint Paul.

The Nassau NationalBank of Brooklyn inNew York.

The Charleston Na-tional Bank, Charles-tons

American NationalBank of Jamestown.

First and AmericanNational Bank ofDuluth.

Citizens Security Na-tional Bank of Ever-ett.

The Skagit NationalBank of Mount Ver-non.

The Bank of AmericaNational Association,New York.

The First NationalBank and Trust Com-pany of Tulsa.

The First NationalBank of Miami.

The Bank of America,National Association,New York.

First National Bank ofGrand Forks.

The Colonial-AmericanNational Bank ofRoanoke.

The Nokomis NationalBank, Nokomis.

The First NationalBank of Cartersville.

Bishop First NationalBank of Honolulu.3

1 Also includes a State bank.

$100,000

3,000,000

262, 500

3,000,000

300,000

61, 000, 000

1, 000,000

300,000

1, 200, 000

125,000

2, 500,000

1, 000,000

5,000,000

1, 700,000

1,000,000

300,000

3,000,000

200,000

100,000

34, 340,925

2, 500,000

250,000

35,775,300

400,000

1,000, 000

75, 000

200,000

3,150, 000

2 Also includes 2 Territorial banks.

$2,114, 705

57, 974,981

4, 010, 494

51, 827,438

2, 460, 572

, 021, 111, 899

13, 236,132

2, 900,173

23, 339, 541

2, 306,195

32, 875, 410

14, 008, 044

110,176, 562

28, 785, 398

17, 972, 743

6, 608, 497

38,674,180

3, 340, 054

1, 644, 503

339, 503, 307

42, 603, 303

4, 610, 373

369,148, 058

7,099, 379

8, 673, 202

1,147, 551

2,079, 394

41,115, 475


REPORT OF THE COMPTROLLER OF THE CURRENCY 245TABLE NO. 7.—National banks consolidated under act of November 7, 1918, their

capital, surplus, undivided profits, and aggregate resources, year ended October 31,1929—Continued

Con-soli-da-tionNo.

307

308

309

310

313

315

316

317

318

320

321

322

323

324

325

327

328

329

CharterNo.

13331

3604

5885

9885

4704

2370

5206

1260

13260

149

4398

2307

457

653

4907

255

7595

11280

Title and location of bank

The First NationalTrust and SavingsBank of Spokane.

Commercial NationalBank and Trust Com-pany of Philadelphia.

The First NationalBank of Qranville atOxford.

The Virginia NationalBank of Norfolk

The First NationalTiank of VirritaJLJ CVJLLXV. \JX V i"LLXuc*#


The American-First Na-tional Bank of Still-water.

The Pittsfield-Third

Trust Company.The Lefcourt National

Bank a±">d Trust Coof New York.

First National Bankand Trust Companyof Elmira.

The Hackley Union Na-tional Bank of Muske-gon.

lowa-Des Moines Na-tional Bank andTrus t Company,Des Moines.1

First National Bankand Trust Companyof Racine.

The First NationalBank and TrustCompany of Yonkers.1

The Springfield ChapinNational Bank andTrus t Company,Springfield.

First and Second Na-tional Bank and TrustCompany of Oswego.

Worcester County Na-tional Bank of Wor-cester.

First Seattle Dexter1 I v-v Y* 4" f\ T"l "^To "f"l i"\Tl o lH O I l O D IN ottlOIlal

Bank, Seattle.Total (46 banks)

State

Wash..

Pa

N. C.. .

Va

Okla...

N. Y.._

Okla...

Mass...

N. Y.._

..do

Mich...

Iowa

Wis_.._

N. Y___

Mass___

N. Y.._

Mass...

Wash..

Date ofconsol-idation

1929July 9

July 13

July 15

July 30

Aug. 17

Aug. 24

Aug. 29

Aug. 31

...do

Sept. 14

Sept. 17

Sept. 20

Sept. 27

Sept. 30

Oct. 11

Oct. 15

Oct. 21

Oct. 31

Capital

$500,000

2, 000,000

200,000

600, 000

80, 000

105,000, 000

125, 000

450,000

2, 857, 200

1, 237, 500

600,000

2, 000, 000

1,000,000

1,000,000

1, 500, 000

400,000

1, 535, 650

8,000, 000

291, 864,075

Surplus

$50,000

2,000,000

200,000

200,000

20,000

105,000,000

25,000

450, 000

1,000, 000

1, 237, 500

600,000

1, 000, 000

700,000

1, 000,000

1, 500, 000

300,000

1, 500,000

1, 600,000

270, 652,000

I

Undi-videdprofits

$14,119

793,711

52,376

712,342

31, 937, 500

6,942

283, 270

564, 955

313,140

735, 390

531, 971

380, 463

613, 792

428, 071

226,156

501,142

400,000

74, 322, 518

Aggregateresources

$5, 355, 564

31, 270, 562

3, 556, 997

6,627,149

1, 755, 845

1, 289, 464, 221

1, 594, 960

6, 546, 389

19, 635,817

18,182, 708

11, 797, 320

42, 475,001

17, 536, 745

28, 431, 980

26, 601, 504

7, 097, 077

36, 718, 544

103, 700, 278

3,909, 696, 231

1 Also includes a State bank.


TABLE NO. 8.—State banks and national banks consolidated under act of February 25, 1927, their consolidated capital, surplus, undividedprofits, and aggregate resources, year ended October 31, 1929

Title and location of State bankCharterNo. of

nationalbank

Title and location of national bank StateDate ofconsoli-dation

Capital Surplus Undividedprofits

Increase inauthorized

capital

Oxford Bank and Trust Company,Philadelphia.*

Peoples State Bank of SullivanSecond Ward Savings Bank of Mil-

waukee.2Cobbs Creek Title and Trust Com-

pany of Philadelphia.First Trust and Savings Bank of La

Porte.The Exchange Trust Company, Little.

Rock.

The Citizens Trust Company, Allen-town.

The State Savings Bank of LapeerThe Frackelton State Bank of Peters-

burg. *The Chattanooga Savings Bank and

Trust Company.Rawson State Bank, ChicagoLincoln Trust Company of New Jersey.The Hamilton Trust & Savings Bank

of Chattanooga.3Griswold-First State Bank, Detroit *.

The American Exchange Bank, Port-land.

Liberty Central Trust Company, St.Louis.

Security Trust & Savings Bank, Los

Union Trust Company, Charleston 6_ _

The Peoples State Bank of Richmond.Marathon County Bank, WausauThe Boone County Bank of Madison. _The Commercial Trust and Savings

Bank of Joliet.The Farmers' Loan State Bank, New

York.

542

539264

13180

377

3300

6645

17313043

1606

8374

7848

8703

12557

170

2491

3236

1172847446510512

1461

Corn Exchange National Bank andTrust Company, Philadelphia.

The National Bank of Sullivan._.First Wisconsin National Bank of

Milwaukee.City National Bank & Trust Com-

pany of Philadelphia.The First National Bank of La Porte..

The Exchange National Bank of LittleRock.

The Merchants National Bank ofAllentown.

The First National Bank of Lapeer...The First National Bank of Peters-

burg.The First National Bank of Chat-

tanooga.The First National Bank of Chicago-.The First National Bank of Jersey City.The Hamilton National Bank of Chat-

tanooga.The National Bank of Commerce of

Detroit.Portland National Bank, Portland,._.

First National Bank in St. Louis

Los Angeles-First National Trust &Savings Bank, Los Angeles.

The Charleston National Bank,Charleston.

The First National Bank of Richmond.American National Bank of Wausau..The Madison National Bank, Madison.The First National Bank of Joliet

The National City Bank of New York.

Pa- —

I n d . . .Wis__.

P a . - _

I n d . . .

Ark . . .

Pa

Mich .Ill

T e n n .

111N.J_._

Tenn.

Mich.

Ore_._

Mo

Calif. _

W.Va.

KansWis___W.Va111N.Y.

1928Nov. 1

Nov. 19Dec. 15

Dec. 28

Dec. 31

...do

1929Jan. 7

Jan. 15Jan. 23

Feb. 2

Feb. 11Feb. 18Feb. 26

Feb. 28

...do

Mar. 23

Mar. 30

...do

...doApr. 20May 31June 29

—do

$3,033,333

150,0009, 000,000

1,125,000

300,000

400,000

1,000,000

120,000200,000

2, 500,000

24,000,0001,600,0002,000,000

5,000,000

400,000

11,000,000

30,000,000

1,000,000

25,000600, 000100,000

1,040,000

110, 000,000

$8,000,000

50,0005,000,000

1,000,000

200,000

100,000

2,000, 000

120,00020,000

1, 500,000

20,000,0001,600,0001,000,000

6,000,000

80,000

5, 000,000

15,000,000

1,000,000

5,000300, 000150,000250,000

100,000,000

$800,613

25,0001,991,979

186,810

100,000

197, 432

361, 808

27,858750

821,166

5, 323, 587200,000442, 914

1,077, 296

26,558

4, 287,868

8, 733, 500

302,987

187, 34810, 000

250,000

25,260,406

$95,780,946

3, 212, 584177, 261,961

9, 783,958

5,656, 564

6,936,679

13,000,819

2,375, 4291,374, 678

31,068, 680

445,033, 92626, 633, 58024, 371, 598

108,669,131

6,267, 299

192,413,897

619,131,186

17,972,743

327,1987,826,0141,461, 549

20,980,904

1, 669,890,689

$333,333

3,000,000

125,000

50,000

100,000

600,000

45,000100,000

1, 250,000

4,000,000600,000500,000

2,500,600

200,000

1,000,000

16,250,000

375,000

200, 000

40,"600

10,000,000


©CO

co

I

301

302

304306

311

312

314

319

322

324

326

Teter State Bank, Chicago

The Northampton Trust Company ofEaston.

The Bank of ReedyThe First American Savings Bank,

Limited, Honolulu.The Bank of Bishop and Company,

Limited, Honolulu.7Guaranty Trust Company of Newark..

Citizens State and Trust Bank, Ed-war dsville.

American Bank and Trust Company,Philadelphia.s

Merchants Trust and Savings Bank,Battle Creek.9

Des Moines Savings Bank & TrustCompany, Des Moines.6

The Yonkers Trust C o m p a n y ,Yonkers 610

Ridgewood Trust Company

4605

1171

10285

6 5550

9912

11039

723

7589

2307

653

5205

The National Bank of the Republic ofChicago.

The First National Bank of Easton.__

The First National Bank of Reedy

fThe First National Bank of Hawaii,I at Honolulu.

New Jersey National Bank and TrustCompany of Newark.

The Edwardsville National Bank, Ed-wards ville.

The Central National Bank of Phila-delphia.

The Old National Bank and TrustCompany of Battle Creek.

The Iowa National Bank of DesMoines.

The First National Bank of Yonkers..

The First National Bank of Ridge-wood.

Total (35 State banks with 34national banks).

Ill

Pa

W.Va.

}J

N. J._.

Ill

Pa____

Mich.

Iowa_.

N. Y__

N. J...

July

do

July

July

Aug.

Aug.

Aug.

Aug.

Sept.

Sept.

Oct.

1

3

6

1

15

23

31

20

30

14

10, 000, 000

600,000

35, 000

3,150, 000

2,800,000

200, 000

1, 700, 000

1, 000,000

2, 000, 000

1, 000,000

400, 000

227,478, 333

2, 000,000

600,000

35,000

1, 880,000

1,000,000

100,000

5, 900, 000

1, 000,000

1, 000, 000

1,000,000

400, 000

183, 290, 000

1, 000, 000

430,129

438, 364

597,011

1, 286, 995

164,814

531, 971

613,792

301,445

55,980,401

189,415,263

7, 874,915

432, 784

41,115,475

30, 233, 803

3, 964,245

44, 589, 631

18,197, 516

42,475,001

28,431,980

7, 573,009

3, 901, 735, 634

3, 000, 000

200,000

10,000

2, 550, 000

150,000

100, 000

200,000

500,000

ii 200,000

300,000

300,000

r48, 578, 333n 200, 000

.48, 378,333

Io

i3

and 1

With 4 branches in Philadelphia.With 2 branches in Milwaukee.With 3 branches in Chattanooga.With 16 branches in Detroit.With 48 branches in the State of California.This consolidation also includes a national bank.With 5 branches in the Territory of Hawaii, 1 at Waialua in the city of Honolulu, 1 at Hilo, Co. of Hawaii, 1 at Kealakekua, Co. of Hawaii, 1 at Waimea, Co. of Kauai,at Lanai, Co. of Maui.With 1 branch in Philadelphia.With 1 branch in Battle Creek.With 2 branches in Yonkers.Decrease in capital.



TABLE NO. 9.—Number and capital of State banks converted into national bankingassociations in each State and Territory from 1863 to October 81, 1929

State or Territory Capital

MaineNew HampshireVermontMassachusetts.Rhode Island.Connecticut

New York.New JerseyPennsylvania.DelawareMarylandDistrict of Columbia

VirginiaWest VirginiaNorth Carolina.South CarolinaGeorgia.Florid?AlabamaMississippiLouisianaTexasArkansasKentuckyTennessee.

$4, 605, 0002, 595, 0002, 029, 99072, 691, 20016, 717, 55018, 932, 770

State or Territory

Southern States

OhioIndianaIllinoisMichigan...Wisconsin. -Minnesota..IowaMissouri

Middle Western States__

North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma

Western States

Washington.OregonCaliforniaIdahoNevadaArizona

Pacific States._

United States..

Num-ber ofbanks

24274126361134349

Capital

$2, 890, 0001,908,0005, 630, 0003, 020, 0003, 620, 0007, 471, 0002,185, 00017, 601, 800

359 | 44,325,800

834982 I8337935

2, 735, 0001, 675, 0004, 090, 0004,182, 0001, 485, 000320, 000

2, 755, 000400, 000

7, 870, 000

576 | 25, 512, 000

6730113261

6, 300, COO1, 951, 000

45, 272,8001, 080; 000

50, GOO300, 000

242 ; 54,953,800

2,598 : 482,706,228

TABLE NO. 10.—Conversions of State banks and primary organizations as nationalbanks from March 14, 1900, to October 81, 1929

Classification

Capital less than $50,000Capital $50,000 or over

Total _

Conversions ofState banks

Num-ber

884795

1,679

Capital

$23, 538, 300179, 947, 800

203, 486,100

Reorganizationsfrom State and

private banks andnational banks

Num-ber

1,150731

1,881

Capital

$30,467,000115, 620, 000

146, 087, 000

Primary organi-zations

Num-ber

2,6351,931

4, 566

Capital

$67, 955, 500286, 715, 000

354, 670, 500

Total

Num-ber

4, 6693, 457

8,126

Capital

$121,960, 800582, 282, 800

704, 243, 600



TABLE NO. 11.—Number of national banks increasing their capital, together withthe amount of increase monthly for years ended October 31, since 1924

Months

NovDecJanFebMarAprMayJuneJulvAugSeptOet

Total. __

1925

Num-ber

81321191822122226131415

1 203

Capital

$590, 0003, 287, 5002, 000, 000

14, 687, 5002, 950, 0007, 220, 0001, 465, 0003. 570, 0002,185, 0002,160, 0002, 240, 0001, 055, 000

143, 410, 000

1926

Num-ber

92431281725111528

877

2 210

Capital

$1,255,0004, 850, 0006, 030, 0006, 081, 2504,120, 000

18, 060, 0001, 485, 0001, 918, 7503, 057, 5001, 360, 000

435, 000787, 500

2 49, 440, 000

1927

Num-ber

62035222223152135171111

3 238

Capital

$170,0003, 640, 0004, 032, 500

29, 900, 00011, 505, 000

2, 820, 0004, 575, 0006,913,7105, 775, 0002, 163, 000

12, 950, 0001, 740, 000

3 86,184, 210

1928

Num-ber

92341262831122625121619

4 268

Capital

$18, 655, 00016, 780, 0006, 760, 0004, 715, 000

15,170, 00023, 297, 500

1, 250, 00019, 335, 00014, 345, 000

1, 910, 0005, 635, 0003, 700, 000

4131,552,500

1929

Num-ber

62134423334°43728271435

« 335

Capital

$953, 3338, 248, 000

11, 288, 00032, 875, 00022, 662, 500

5, 401, 00015, 922, 59219, 707, 50036, 632, 50014, 877, 200

2, 602, 50010, 555, 000

s 181, 730,125

1 Of these cases, 85 were effected wholly or in part by stock dividends aggregating $7,680,300.2 Of these cases, 67 were effected wholly or in part by stock dividends aggregating $8,846,400.3 Of these cases, 73 were effected wholly or in part by stock dividends aggregating $6,776,350.* Of these cases, 77 were effected wholly or in part by stock dividends aggregating $16,809,000.* Of these cases, 80 were effected wholly or in part by stock dividends aggregating $20,793,750.

TABLE NO. 12.—Number and authorized capital of national banks chartered andthe number and capital stock of banks closed in each year ended October 31, since1913, with the yearly increase or decrease

Year

Chartered

No,

191719181919192019211922.1923.1924.1925_1926.1927-1928.1929

195 $18, 675,000!9,689, 500L6,630,000|.11,590,0001.

144122176164245361169232190135251160135113141

Closed

Consolidatedunder act

Nov. 7, 1918

Capital No.

13,400,00021 . 780, 000J 2631, 077, 500! 1520, 005, 000| 2424, 890, 800 2130, 522, 500 1921. 375, OOOJ26; 040, 00029, 705, 00043, 570, 0002G, 160, 00038,195, 000

Loss tocapital

• $3, 220, 000i 1, 650, 000

i 850, 0001 3, 275, 000i 2, 575, 0001 1, 255, 000i 1, 660. 0001 4, 455, 010i 3, 407, 0001 6, 857, 500l 4, 780, 075|

In voluntaryliquidation

No.

8213510'

8493103121155123153165156221

Capital

113 $26, 487,00013, 795, 00014. 828, 00014, 367, 50016,165,00016, 380, 00014, 730, 00037, 075, 00018,910, 00039, 290, 00040, 745, 00014, 467, 50028, 668, 30037, 495, 00027, 381, 00098, 267, 500

Insolvent

No.

21 $114137215

343153

1389891

13,61

2 79

Capital

L, 810,0001, 830, 000

805,0001, 230, 000

250, 00025, 000

205, 0001, 870, 0002, 015,0003, 405, 0009, 635,0006, 420, 0005,412, 5008, 257, 0004,135, 0006, 575, 000

Net yearlyincrease

(exclusive ofexisting banks

increasingtheir capital)

No. Capital

Net yearlydecrease

(exclusive ofexisting banks

decreasingtheir capital)

No. | Capital

" 6 294

135 $2,155, 000257 14,492, 500

1877 690, 800

3,492,"566

26

$9,622, 0005, 935, 5009, 003, 0004, 007, 5003,015, 000

19, 790, 000

3 14, 747, 500174130, 260, 000

114 8,820,810176 4,439,000125 11, 743, 500

3 20l|70, 707, 575

1 Amount of capital stock reductions incident to consolidations.2 Includes 2 banks with an aggregate capital of $85,000 restored to solvency. Also includes 6 banks with

an aggregate capital of $635,000 which had been placed in voluntary liquidation by their shareholdersprior to Nov. 1, 1928.

s There was a decrease of 201 banks, considering the 2 banks restored to solvency and the 6 banks whichwere in voluntary liquidation.



TABLE NO. 13.—Total number of national banks organized, consolidated underact of November 7, 1918, insolvent, in voluntary liquidation, and in existence onOctober 31, 1929

States, Territories, etc.

MaineNew HampshireVermont . _ . .M assachusettsRhode Island _ _ _ _ _ _ _ _Connecticut .__ _

Total New England States.-

New York _New JerseyPennsylvaniaDelawareMarylandDistrict of Columbia.. _

Total Eastern States. ,

VirginiaWest VirginiaNorth CarolinaSouth Carolina _ . ,GeorgiaFloridaAlabama _MississippiLouisiana _TexasArkansasKentuckyTennessee __


OhioIndianaIHinoisMichiganWisconsinMinnesota _ _IowaMissouri _ _


North DakotaSouth DakotaNebraskaKansas _ _ _ _Montana _. __ __WyomingColorado _ . . _New MexicoOklahoma _


WashingtonOregon _ _ _ .CaliforniaIdahoUtahNevadaArizona


AlaskaThe Territory of HawaiiPorto Rico__ _

Total Alaska and insular possessions

Total United States, Alaska, and insular pos-sessions

Organ-ized

1137477

35565

119

803

947382

1,15430

12830

2,671

2361641301131701211646986

1,058125232195

2,863

637403717268242457504276

3,504

24920636143619057

20578

718

2,500

209139497108381630

1,037

561

12

13, 390

Consoli-datedunder

act Nov.7, 1918

111

1224

21

401226

14

83

1244551

12

12175

59

197535548

56

21142

3

7

20

131

12

2

28

1

1

268

Insol-vent

47

1626

35

521055

124

124

89

182223291548

70156

11

238

4028391814689818

323

686250496312292457

414

32142527423

107

1,241

In liqui-dation

591323

1745147

367

29459

215124310

633

543442346332422942

353358180

921

25814518911766

114* 143

119

1, 151

5451

15113557205326

352

899

5830

24438124

12

398

141

6

4, 375

In exist-ence

535646

1531062

380

561301858

178212

1,831

16211766527959

1073534

62374

13899

1,645

320223484130157270259131

1,974

12592

1592486825

12028

302

1,167

10694

21643201015

504

41

5

7,506


REPORT OF THE COMPTROLLER OF THE CURRENCY 251TABLE NO. 14.—Changes of corporate title of national banks, year ended October 31 y

1929

Char-terNo.

Title and location Date

10112

12351

8704

7668

12418

13241

2340

12876

11082

2899

2900

5876

9343

13253

7011

13185

4425

5594

5216

13045

12609

3755

12922

6531

9305

13187

5578

8131

8079

8191

546

11668

5832

8847

13235

2714

667

5497

10245

11025

American Exchange National Bank of Greensboro, N. C, to "American National Bankand Trust Company of Greensboro" _

United States National Bank of Kenosha, Wisconsin, to "United States National BankTrust Company of Kenosha" _ _

The First National Bank of Beverly, N. J., to " First National Bank and Trust Companyof Beverly "___ _

The City National Bank of Corpus Christi, Texas, to "The City National Bank andTrust Company of Corpus Christi"

The Brotherhoods Co-Operative National Bank of Spokane, Washington, to "CityNational Bank of Spokane"___

The Needham National Bank for Savings and Trusts, Needham, Mass., to "NeedhamNational Bank"

The First National Bank of Milford, Delaware, to " The First National Bank and TrustCompany of Milford"

The Peoples National Bank of Irvington, New Jersey, to "The Peoples National Bank& Trust Company of Irvington"

The Peoples National Bank of Hamtramck, Michigan, to "The First National Bank ofHamtramck"_. __ ___

The Penn National Bank of Reading, Pa., to " Penn National Bank and Trust Companyof Reading"

The Farmers National Bank of Boyertown, Pa., to "The Farmers National Bank andTrust Company of Boyertown" _

The First National Bank of Chicago Heights, Illinois, to " The First National Bank andTrust Company of Chicago Heights"

The American National Bank of Danville, Virginia, to "American National Bank &Trust Company of Danville". .-

The Ashland-69th National Bank of Chicago, Illinois, to " The South Ashland NationalBank of Chicago"

The First National Bank of Plainfield, Indiana, to " The First National Bank and TrustCompany of Plainfield" __.

The Pelham National Bank and Trust Company of Philadelphia, Pa., to " TulpehockenNational Bank and Trust Company of Philadelphia"

The Joplin National Bank, Joplin, Missouri, to "The Joplin National Bank and TrustCompany" -.

The Commercial National Bank of St. Joseph, Michigan, to "The Commercial NationalBank and Trust Company of St. Joseph"

The First National Bank of Sehuylkill Haven, Pa., to "The First National Bank andTrust Company of Schuylkill Haven"_

The Seward National Bank of New York, N. Y., to "The Seward National Bank andTrust Company of New York" _._

First National Bank of Glen Rock, N. J., to "Glen Rock National Bank"The Central National Bank of Attica, Indiana, to "The Central National Bank and

Trust Company of Attica"National Exchange Bank in St. Paul, Minn., to "The Empire National Bank of St.

Paul"The Citizens National Bank of Lehighton, Pa., to "Citizens National Bank and Trust

Company of Lehighton"The City National Bank of Gloversville, N. Y., to "City National Bank and Trust

Company of Gloversvilie "The National Bank for Savings in Los Angeles, Calif., to "The Western National Bank

in Los Angeles"The Monroe County National Bank of East Stroudsburg, Pa., to "Monroe County

National Bank and Trust Company of East Stroudsburg"The Wernersville National Bank, Wernersville, Pa., to "The Wernersville National

Bank and Trust Company"The Farmers National Bank of Fort Gibson, Oklahoma, to "First National Bank in

Fort Gibson "The First National Bank of Roscoe, N. Y., to "The First National Bank & Trust Com-

pany of Roscoe "The National Bank of Germantown, Philadelphia, Pa., to "National Bank of German-

town and Trust Company, Philadelphia"The Security National Bank of Faribault, Minn., to "The Security National Bank and

Trust Company of Faribault"_The Citizens' National Bank of W aynesboro, Pa., to " Citizens National Bank and Trust

Company of Waynesboro"The First National Bank of Griffin Corners, Fleischmanns, N. Y., to "The First

National Bank of Fleischmanns"The Hyde Park National Bank of Chicago, 111., to " The Hyde Park-Kenwood National

Bank of Chicago"The First National Bank of Ann Arbor, Mich., to "The First National Bank and Trust

Company of Ann Arbor"The First National Bank of Mount Joy, Pa., to "The First National Bank and Trust

Company of Mount Joy"The First National Bank of Brockwayville, Pa., to "The First National Bank of Brock-

way "The First National Bank of Bradentown, Florida, to "The First National Bank of

Bradenton"The First National Bank of Sherman, Calif., to "West Hollywood First National

Bank" to conform to change in name of the district in which the bank is located

1928Nov. 1

Do.

Nov. 15

Nov. 20

Dec. 1

Dec. 28

Dec. 31

1929Jan. 9

Jan. 11

Jan. 12

Do.

Do.

Do.

Do.

Jan. 15

Do.

Jan. 17

Jan. 18

Jan. 19

Jan. 21Jan. 22

Jan. 25

Jan. 31

Feb. 1

Feb. 5

Feb. 11

Feb. 15

Feb. 18

Mar. 19

Mar. 20

Mar. 21

Mar. 22

Apr. 1

Apr. 8

Apr. 19

Apr. 20

Apr. 23

Apr. 24

Apr. 25

Apr. 29


252 EEPOKT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 14.—Changes of corporate title of national banks, year ended October 31,1929—Continued

Char-terNo.

Title and location Date

13141

3393

S24912014

11909

13016

6587

1249

12613

11873

12055

11655

1743

7038

1380

7958

12518

128573598

11931

1178

1392

3069

12771.3491

2468

4495

13003

13215

13007

292

3326

6094

1946

13098

4385

474

13276

6077

The Roslyn National Bank, Roslyn, Pa. , removed from Roslyn, Montgomery County ,to Glenside, Montgomery County , and title changed to " T h e Keswick Nat ionalBank of Glenside " _

T h e Minnehaha National Bank of Sioux Falls, S. Dak . , to " T h e First National Bankand Trus t Company in Sioux Fa l l s " _ _

The Citizens National Bank of Higgins, Texas, to " First National Bank in Higgins"T h e City National Bank of Hackensack, N . J., t o " T h e C i ty National Bank and Trus t

Company of Hackensack "T h e Palisades Pa rk National Bank, Palisades Park , N . J. , t o " T h e Palisades P a r k

National Bank & Trus t C o m p a n y "Brotherhood National Bank of San Francisco, Calif., t o " C i t y National Bank of San

Francisco"The First National Bank of Hunt ington, New York, to " First National Bank and Trus t

Company of H u n t i n g t o n "The First National Bank of New Canaan, Conn., t o " T h e First National Bank & Trus t

Company of New C a n a a n "Brotherhood Co-Operative National Bank of Port land, Oregon, to "Brotherhood

National Bank of Portland "The California National Bank of Long Beach, Calif., t o " California First National Bank

of Long Beach"The Public National Bank of Houston, Texas, to " T h e Public National Bank & Trus t

Company of Houston "T h e Richmond Hill National Bank of New York, N . Y., to " T h e Richmond National

Bank of New Y o r k "T h e National Security Bank of Philadelphia, Pa. , t o " T h e National Security Bank and

Trus t Company of Phi ladelphia"T h e Farmers and Merchants National Bank of Reno, Nevada, to " First National Bank

in R e n o " _T h e Merchants National Bank of Poughkeepsie, New York, to "Merchan t s National

Bank & Trus t Company of Poughkeepsie" _T h e First National Bank of West Minneapolis, Minn. , to "Firs t National Bank of Hop-

k ins , " to conform to change in name of place in which the bank is locatedSecurity National Bank of West Minneapolis, Minn. , t o "Secur i ty National Bank of

Hopkins , " to conform to change in name of place in which the bank is locatedNew First National Bank in Lemmon, S. Dak. , to " First National Bank in L e m m o n "The First National Bank of West Newton, Newton, Mass . , to " First National Bank of

N e w t o n " _T h e Farmers National Bank of Arlington, Texas, to " T h e First National Bank of

Arl ington"The Citizens National Bank of Ful ton, N . Y. , to "Ci t izens National Bank and Trus t

Company of Ful ton "The Oneida National Bank of Utica, N . Y. , to " T h e Oneida National Bank and Trus t

Company of U t i c a " .The Whitney-Central National Bank of New Orleans, La., to " Whitney National Bank

of New Orleans "Labor National Bank of Newark, N . J., to " U n i o n National Bank in N e w a r k "The Northwestern National Bank of Philadelphia, Pa . , to " The Northwestern National

Bank and Trus t Company of Phi ladelphia"The Briggs National Bank of Clyde, N . Y., to " The Briggs National Bank & Trus t Com-

p a n y of C l y d e "The First National Bank of Walton, N . Y., to " T h e First National Bank and Trus t

Company of W a l t o n "The Tioga National Bank of Philadelphia, Pa . , to " T h e Tioga National Bank and Trus t

Company of Phi lade lphia" TThe Point Pleasant Beach National Bank, Point Pleasant Beach, N . J., to " P o i n t

Pleasant Beach National Bank and Trus t C o m p a n y "The First National Bank of La Crescenta Valley at Verdugo City, Los Angeles County ,

Calif., to "Crescenta-Canada National Bank a t Montrose ," Los Angeles County ,Calif

The First National Bank of Baldwinsville, New York, to " T h e First National Bankand Trus t Company of Baldwinsvi l le"

The Aberdeen National Bank, Aberdeen, South Dakota , to "Aberdeen National Bank& Trus t C o m p a n y "

The National Exchange Bank of Carthage. Carthage, N . Y. , to " T h e National ExchangeBank & Trus t Company of 'Carthage"

The Thi rd National Bank of Scranton, Scranton, Pa. , to " T h i r d National Bank andTrus t Company of Scranton"

The West Side National Bank of Denver, Denver, Colo., to " The National Ci ty Bank ofDenver.

The First National Bank of Muskogee, Okla., to " T h e First National Bank and Trus tTrust Company of Muskogee"

The First National Bank of Greenfield, Mass. , to " F i r s t National Bank & Trus t Com-pany of Greenfield"

The South Oklahoma National Bank of Oklahoma City, Okla., to "Oklahoma NationalBank of Oklahoma C i t y " . -

The Nazareth National Bank, Nazareth, Pa. , to " T h e Nazareth National Bank andTrust C o m p a n y " . _ _ _ __.

192SApr.

MayDo.

May

May

Do.

May

May

June

June

June

June

June

June

July

Do.

Do.Do.

July

Do.

July

Aug.

Aug.Do,

Aug.

Aug.

Do.

Aug.

Aug.

Aug.

Aug.

Sept.

Sept.

Sept.

Sept.

Sept.

Oct.

Oct.

Oct.

29

1

6

15

16

17

4

10

13

15

22

24

1

15

22

1

2

3

9

20

22

31

31

3

3

16

16

30

1

1

23


EEPOET OF THE COMPTROLLER OF THE CURRENCY 253

TABLE NO. 15.—Changes of corporate title incident to consolidations of nationalbanks, and of State banks with national banks, year ended October SI, 1929

Peoples State Bank of Sullivan, Ind., and The National Bank of Sullivan (5392), consolidated under thecharter of the latter with title: Peoples National Bank and Trust Company of Sullivan.

The First National Bank of Cambridge Springs, Pa. (6533), and The Springs National Bank of Cam-bridge Springs (9430), consolidated under the charter of the latter with title: The Springs-First NationalBank of Cambridge Springs.

The First National Bank of Rocky Mount, N. C. (7362), and The National Bank of Rocky Mount (10630),consolidated under the charter of the latter with title: The First National Bank of_Rocky Mount.

First Trust and Savings Bank of La Porte, Ind., and The First National Bank of La Porte (377), consoli-dated under the charter of the latter with title: First National Bank and Trust Company of La Porte.

The Citizens Trust Company, Allentown, Pa., and The Merchants National Bank of Allentown (6645),consolidated under the charter of the latter with title: The Merchants-Citizens National Bank and TrustCompany of Allentown.

The Frackelton State Bank of Petersburg, 111., and The First National Bank of Petersburg (3043), con-solidated under the charter of the latter with title: The State National Bank of Petersburg.

The Milton National Bank, Milton, Pa. (711), and The First National Bank of Milton (253), consoli-dated under charter of the latter with title: First Milton National Bank.

United States National Bank of McMinnville, Oreg. (9806), and The McMinnville National-Bank,McMinnville (3857), consolidated under the charter of the latter with title: United States National Bank ofMcMinnville.

The American Exchange Bank, Portland, Oreg., and Portland National Bank, Portland (12557), consoli-dated under the charter of the latter with title: The American National Bank of Portland.

Phoenix National Bank and Trust Company of Lexington, Ky. (3052), and The First and City NationalBank of Lexington (906), consolidated under the charter of the latter with title: First National Bank andTrust Company of Lexington.

Security Trust & Savings Bank, Los Angeles, Calif., and Los Angeles-First National Trust & SavingsBank, Los Angeles (2491), consolidated under the charter of the latter with title: Security-First NationalBank of Los Angeles.

Granite National Bank of Brooklyn in New York, N. Y. (12980), and Nassau National Bank of Brook-lyn (658), consolidated under the charter of the latter with title: The Nassau National Bank of Brooklynin New York.

Peoples State Bank of Richmond, Kans., and The First National Bank of Richmond, Kans. (11728),consolidated under the charter of the latter with title: The Peoples National Bank of Richmond.

American Exchange National Bank of Duluth, Minn. (9374), and The First National Bank of Duluth(3626), consolidated under the charter of the latter with title: First an d American National Bank of Duluth.

The Citizens National Bank & Trust Company of Everett, Wash. (13290), and The Security NationalBank of Everett (11693), consolidated under the charter of the latter with title: Citizens Security NationalBank of Everett.

The Boone County Bank of Madison, W. Va., and The Madison National Bank, Madison (6510), con-solidated under the charter of the latter with title: Boone National Bank of Madison.

The Northwestern National Bank of Grand Forks, N. Dak. (11142), and The First National Bankof Grand Forks (2570), consolidated under the charter of the latter with title: First National Bank ofGrand Forks.

The American National Bank of Roanoke, Va. (10532), and The Colonial National Bank of Roanoke(11817), consolidated under the charter of the latter with title: The Colonial-American National Bankof Roanoke.

The Northampton Trust Company of Easton, Pa., and The First National Bank of Easton, Pa. (1171),consolidated under the charter of the latter with title: First National Bank and Trust Company ofEaston.

The First American Savings Bank, Limited, Honolulu, The Bank of Bishop and Company, Limited,Honolulu. The Army National of Schofield Barracks, Honolulu (11050), and The First National Bankof Hawaii, at Honolulu (5550), consolidated under the charter of the latter with title: Bishop First NationalBank of Honolulu.

The Southwark National Bank, Philadelphia, Pa. (560), and The Manayunk-Quaker City NationalBank of Philadelphia (3604), consolidated under the charter of the latter, with title: Commercial NationalBank and Trust Company of Philadelphia.

The National Bank of Granville at Oxford, N. C. (8996), and The First National Bank of Oxford (5885),consolidated under the charter of the latter with title: The First National Bank of Granville at Oxford.

Citizens State and Trust Bank, Edwardsville, 111., and The Edwardsville National Bank, Edwardsville(11039), consolidated under the charter of the latter, with title: Edwardsville National Bank and TrustCompany.

The American National Bank of Stillwater, Okla. (12082), and The First National Bank of Stillwater(5206), consolidated under the charter of the latter with title: The American-First National Bank ofStillwater.

The Third National Bank of Pittsfleld, Mass. (2525), and The Pittsfield National Bank & Trust Com-pany, Pittsfield (1260), consolidated under the charter of the latter with title: The Pittsfield-ThirdNational Bank and Trust Company.

The Claremont National Bank of New York, N. Y. (13027), and The Lefcourt Normandie NationalBank of New York (13260), consolidated under the charter of the latter with title: The Lefcourt NationalBank and Trust Co. of New York.

Merchants Trust and Savings Bank, Battle Creek, Mich., and The Old National Bank and TrustCompany of Battle Creek (7589), consolidated under the charter of the latter with title: Old-MerchantsNational Bank and Trust Company of Battle Creek.

The Merchants National Bank and Trust Company of Elmira, N. Y. (5137), and The Second NationalBank of Elmira (149), consolidated under the charter of the latter with title: First National Bank & TrustCompany of Elmira.

The Union National Bank of Muskegon, Mich. (4125), and The Hackley National Bank of Muskegon(4398), consolidated under the charter of the latter with title: The Hackley Union National Bank ofMuskegon.

I>es Moines Savings Bank & Trust Company, Des Moines, Iowa, The Des Moines National Bank,Dec Moines (2683), and The Iowa National Bank of Des Moines (2307), consolidated under the charterof the latter with title: lowa-Des Moines National Bank & Trust Company, Des Moines.

Manufacturers National Bank and Trust Company of Racine, Wis. (1802), and The First NationalBank of Racine (457), consolidated under the charter of the latter with title: First National Bank andTriist Company of Racine.

The Yonkers Trust Company, Yonkers, N. Y., The Bryn Mawr-Ncpperham National Bank of Yonkcrs(13239), and The First National Bank of Yonkers (653), consolidated under the charter of the latter withtitle: The First National Bank & Trust Company of Yonkers.



TABLE N O . 15.—Changes of corporate title incident to consolidations of nationalbanks, and of State banks vnth national banks, year ended October 81, 1929—Con.

The Chapin National Bank of Springfield, Mass. (2435), and The Springfield National Bank, Springfield(4907), consolidated under the charter of the latter with title: The Springfield Chapin National Bank andTrust Company.

Ridgewood Trust Company, N. J., and The First National Bank of Ridgewood (5205), consolidatedunder the charter of the latter with title: First National Bank and Trust Company of Ridgewood.

Second National Bank and Trust Company of Oswego, N. Y. (296), and The First National Bank ofOswego (255), consolidated under the charter of the latter with title: First and Second National Bank andTrust Company of Oswego.

The Seattle National Bank, Seattle, Wash. (4229), The First National Bank of Seattle (2783), andThe Dexter Horton National Bank of Seattle (11280), consolidated under the charter of the latter withtitle: First Seattle Dexter Horton National Bank.

TABLE NO. 16.—National banks chartered during the year ended October 81, 1929

1335813359

13262

1327413280

13312133321333513338133401334813356133681337513380

13278

133001330913320133521337013383133881338913390

1326713288

Woodlawn-American National Bank of Birmingham, Birmingham.Leeds-American National Bank of Leeds, Leeds

Total (2 banks). __

ARIZONA

First National Bank in Prescott, Prescott

ARKANSAS

First National Bank in Siloam Springs, Siloam Springs

First National Bank in McGehee, McGehee

Total (2 banks) _

CALIFORNIAWinter National Bank, WinterFirst National Bank of Loma Linda, Loma LindaArcadia National Bank, Arcadia __.San Jose National Bank, San JoseFirst National Bank in Yreka, YrekaBeverly Hills National Bank & Trust Co., Beverly HillsCitizens National Bank of Cqlton, ColtonMechanics & Merchants National Bank of Vallejo, ValleioFirst National Bank of Pacific Grove, Pacific GroveSalinas National Bank, Salinas___

Total (10 banks)

DELAWARE

First National Bank in Georgetown, Georgetown i.

FLORIDA

West Palm Beach Atlantic National Bank, West Palm BeachPolk County National Bank in Bartow, Bartow 2 _.First National Bank of Brooksville, BrooksvillePalmer National Bank and Trust Company of Sarasota, Sarasota__Florida National Bank at Lakeland, LakelandAmerican National Bank in Winter Haven, Winter HavenBarnett National Bank of Deland, DelandFlorida National Bank at Bartow, BartowBarnett National Bank of Cocoa, Cocoa

Total (9 banks) _

IDAHO

First National Bank in Driggs, DriggsFirst National Bank in Coeur d'Alene, Coeur d'Alene

Total (2 banks)

$100,00050,000

150,000

100,000

50,000100,000

150,000

50,00050,00050,000

500,00050,000

150,00050,000

100,000100,000250,000

1,350,000

50, 000

100,000200,00050,000100,0001C0.000100,000100,000100,00050,000

900,000

25,0G0100,000

125,000

1 Placed in voluntary liquidation June 11, 1929.2 Receiver appointed June 28, 1929.


REPORT OF THE COMPTROLLER OF THE CURRENCY 255TABLE NO. 16.—National banks chartered during the year ended October 81, 1929—

Continued

Char-terNo.

Title Capital

132531325813311133721337313382

133051331713378

1326313321

1332913347

13345

1325213283133S613387

13255132691329713303133421335013353

Ashland-69th National Bank of Chicago, Chicago 3Security National Bank of Do^vners Grove, Downers Grove...Peoples National Bank & Trust Co., of Chicago* ChicagoStandard National Bank of Chicago, Chicago. __ _"_Citizens National Bank of Chicago Heights, Chicago Heights.Terminal National Bank of Chicago, Chicago

Total (6 banks).

Old National Bank of Bluff ton, Bluffton...First National Bank in Bluffton, Bluffton.Franklin National Bank, Franklin

Total (3 banks).

Farmers National Bank in Vinton, VintonCentral National Bank & Trust Co., of Des Moines, Des Moines..

Total (2 banks).

First National Bank in Cimarron, Cimarron_Girard National Bank, Girard

Total (2 banks)

LOUISIANA

Lafourche National Bank of Thibodaux, Thibodaux.

MASSACHUSETTS

Newton National Bank, NewtonCohasset National Bank. CohassetSecond National Bank of Barre, BarreNorth Brookfield National Bank, North Brookfleld.

Total (4 banks).

13307 City National Bank & Trust Co., of Niles, Michigan13328 American National Bank of Grand Rapids, Grand Rapids _

Total (2 banks).

MINNESOTA

First National Bank of Winnebago, WinnebagoJackson National Bank in Jackson, Jackson —First National Bank in Moorhead, Moorhead.-First National Bank in Deer Creek, Deer CreekFirst National Bank in Amboy, Aniboy..Northneld National Bank & Trust Co., Northfield—American National Bank of Little Falls, Little Falls.

Total (7 banks).

13S13 First National Bank of Lexington, Lexington.

132641326813270132931336713376

South Side National Bank of St. Louis, St. Louis...National Bank of Unionville, UnionvilleVandeventer National Bank of St. Louis, St. Louis.Ludlow National Bank, Ludlow __.First National Bank in Versailles, VersaillesPlaza National Bank of St. Louis, St. Louis

Total (6 banks) --3 Title changed to "The South Ashland National Bank of Chicago."

$200,000100,000

1,000,000300, 000200,000750,000

2, 550,000

100, 000100,00050, 000

250,000

75,000250,000

325,000

25, 00030,000

55,000

50,000

200,00050,00050,00025,000

325,000

150,000500,000

650,000

25,00040,000100,00025,00025,000100,000100,000

415,000

50, 000

200,00040,000250, 00025, 00030, 000300, 000

845, 000


256 IlEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 16.—National banks chartered during the year ended October 31, 1929-Continued

13384

132711328113316133221333313339

1326513337133631333413369

132501325413260132891329213295132961330113304133101331413319133261332713330133341333613360133651337713579

1329813306

133231332413344133571336213385

132561327313318

MONTANA

National Park Bank in Livingston, Livingston..

NEBRASKA

First National Bank of Lyman, Lyman. . .Wakefield National Bank, WakefieldFirst National Bank of Minatare, MinatareNebraska National Bank of Minden, Mmden..-.Continental National Bank of Lincoln, Lincoln.First National Bank of Oakdale, Oakdale..

Total (6 banks) .

NEW JERSEY

Woodridge National Bank, WoodridgeCentral National Bank of Leonia, LeoniaAsbury Park Nationa 1 Bank & Trust Co., Asbury ParkBergen County National Bank of Ilackensack, Hackensack.First National Bank of Sayreville, Sayreville

Total (5 banks) _

NEW YORK

Commercial National Bank & Trust Co. of New York, New York.Straus National Bank & Trust Co. of New York, New York _.Lefcourt Normandie National Bank of New York, New YorkHamilton County National Bank of Wells, WellsBrooklyn National Bank of New York, New YorkSterling National Bank & Trust Co., of New York, New YorkNational Bank of Queens County in New York, New YorkBlair National Bank of New York, New York 4

Kingsboro National Bank of Brooklyn in New York, New York. . .Harbor National Bank of Port Washington, Port WashingtonNanuet National Bank, NanuetCentral National Bank of Yonkers, YonkersRoslyn National Bank & Trust Co., RoslynBroadway National Bank & Trust Co. of New York, New York. . .First National Bank & Trust Co. of Rochester, RochesterNational Bank of Bayside in New York, New YorkFort Greene National Bank in New York, New YorkWashington Square National Bank of New York, New YorkFirst National Bank of La Fargeyille, La FargeviileSouthside National Bank of Elmira, ElmiraNewtown National Bank of New York, New York _

Total (21 banks).

NORTH CAROLINA

First National Bank of New Bern, New Bern &__.Edgecombe National Bank of Tarboro, Tarboro..

Total (2 banks).

NORTH DAKOTA

Merchants National Bank & Trust Co. of Fargo, FargoNational Bank of Valley City, Valley CityNational Bank & Trust Co. of Jamestown, JamestownRed River National Bank & Trust Co. of Grand Forks, Grand Forks..First National Bank in Cooperstown, CooperstownAmerican National Bank & Trust Co. of Valley City, Valley City

Total (6 banks).

West Toledo National Bank of Toledo, Toledo..First National Bank in Crestline, CrestlinePainesville National Bank & Trust Co.._ ..

Total (3 banks).

$100, 000

25, 00025, 00025, 00040, 000200, 00025, 000

340, 000

50. 000100, 000300,000200,000100, 000

750, 000

000, 000000,000000,00050, 000

500, 000500, 000500,000200, 000500,00050,00050,000

350, 000100, 000000,000000,000200,000500, 000500, 00025,000100,000200,000

20, 325, 000

150, 00050,000

200, 000

250,000100,000100, 000200, 00050,000100,000

800,000

200,00070,000250,000

520,000

* Consolidated on May 20, 1929, with The Bank of America National Association, New York, under actof Nov. 7, 1918.

« Receiver appointed Oct. 26,1929.


EBPORT OF THE COMPTROLLER OF THE CURRENCY 257TABLE NO. 16.—National banks chartered during the year ended October 31, 1929—

Continued

Char-terNo.

132761335513361

132941329913354

Title Capital

OKLAHOMA

South Oklahoma National Bank of Oklahoma City, Oklahoma City 6First National Bank in Pawhuska, PawhuskaOklahoma First National Bank of Skiatook, Skiatook

Total (3 banks) _

Central National Bank of Portland, PortlandCitizens National Bank of Portland, Oreg., Portland.National Bank of Commerce of Astoria, Astoria

! Total (3 banks).

PENNSYLVANIA

$100,000100,000

25, 000

225, 000

200,000200, 000100, 000

500, 000

1325113325133411337113381

13282132861330213346

13349

132571325913266132721327713279132841328513287 j13291 !13315 I

Peoples National Bank of Souderton, SoudertonNorth Broad National Bank of Philadelphia, PhiladelphiaLehigh National Bank of Philadelphia, PhiladelphiaLawrence Park National Bank 7

Citizens National Bank & Trust Co, of Blossburg, Blossburg-

Total (5 banks)

100. 000250, 000200, 00050, 000125, 000

725, 000

SOUTH DAKOTA

First National Bank in Mount Veraon, Mount VernonFirst National Bank in Arlington, ArlingtonFarmers National Bank of Fairfax, FairfaxFirst National Bank & Trust Co. of Vermilion, Vermilion.

! 25,000_ j 25,000

. - ! 25,000| 109,000

Total (4 banks) _ j 175,000

TENNESSEE

Union Planters National Bank & Trust Co. of Memphis, Memphis s 3, 500, 000

First National Bank in Mount Pleasant, Mount Pleasant..Planters National Bank of Detroit, Detroit 9

Pecan Gap National Bank, Pecan GapFirst National Bank in Valley Mills, Valley MillsFirst National Bank in Farmersville, FarmersvilleKosse National Bank of Kosse, KosseFirst National Bank in Electra, ElectraFirst National Bank in Khome, Ilhome.State National Bank in Terrell, TerrellPampa National Bank, Pampa -First National Bank of Edinburg, Edinburg

75, 00025, 00025, 00035, 00025, 00025, 000

100, 00025, 000

100, 00050. 00050, 000

Total (11 banks). 535, 000

! VERMONT

13261 | First National Bank in Poultnoy, Poultney

| VIRGINIA

13275 j Citizens National Bank of Front Royal, Front Koval _J13343 j Colonial National Bank of Norfolk, Norfolk "> _ _.._ j

j Total (2 banks)

WASHINGTON

13290 I Citizens National Bank & Trust Co. of Everett, Everett*1333113351

First National Trust & Savings Bank of Spokane, Spokane....American National Bank of Port Townsend, Port Townsend.

.3374 ! Stan wood National Bank, Stanwood..1 Total (4 banks) . . .

100, 000

60, 000475, 000

5S5, 000

100, 000200, 00050, 00050, 000

400, 000

6 Title changed to " Oklahoma National Bank of Oklahoma City."7 P. O. Erie, Pa.8 With 2 branches in Memphis.9 Placed in voluntary liquidation on May 13, 1929.10 Consolidated on July 30, 1929, with The Virginia National Bank of Norfolk under act Nov. 7, 1918.11 Consolidated on Apr. 20, 1929, with the Citizens Security National Bank of Everett under act Nov. 7,

1918.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


TABLE N O . 16.—National banks chartered during the year ended October 81, 1929—Continued

Char-terNo.

1330813366

Title

WISCONSIN

First National Bank of Soldiers Grove, Soldiers Grove _University Avenue National Bank of Madison, Madison __.

Total (2 banks)

Total United States (141 banks) _

Capital

$25,000100,000

125, 000

38,195,000

TABLE NO. 17.—National banks chartered which are conversions of State banksduring the year ended October 81, 1929

Char-terNo.

13264

13270

1328013290

132911329913307

13308

13311

1331713321

1332213326

1332913331

13333

133381334713348

13349

13354

13363

13374

Title and location

South Side National Bank of St. Louis___

The Vandeventer National Bank of St.Louis.

The First National Bank of McGeheeThe Citizens National Bank & Trust

Company of Everett.1

The Pampa National BankThe Citizens National Bank of Portland.The City National Bank and Trust Com-

pany of Niles, Michigan.The First National Bank of Soldiers

Grove.Peoples National Bank and Trust Com-

pany of Chicago.First National Bank in Bluff tonCentral National Bank and Trust Com-

pany of Des Moines.The Nebraska National Bank of Minden.The Roslyn National Bank & Trust

Company.The First National Bank in Cimarron...The First National Trust and Savings

Bank of Spokane.The Continental National Bank of Lin-

coln.San Jose National BankThe Girard National Bank _ _The Beverly Hills National Bank and

Trust Company.Union Planters National Bank & Trust

Company of Memphis.2

The National Bank of Commerce of As-toria.

Asbury Park National Bank and TrustCompany.

The Stanwood National Bank--

Total (23 banks)

State

M o . . .

M o -Ark . . .Wash.

TexasOreg..Mich_

111

IndIowa..

Nebr. .N. Y__

Kans..Wash.

Nebr..

Calif..KansCalif..

T e n n .

Oreg._

N . J . . .

Wash.

Date ofcharter

1928Dec. 7

1929Jan. 2

Feb. 11Mar. 7

Mar. 8Mar. 19Apr. 1

—do

Apr. 13

May 9May 15

—doMay 20

May 21May 25

June 1

June 12July 1July 2

July 9

July 23

Aug. 10

Sept. 19

Authorizedcapital

$200,000

250,000

100,000100,000

50,000200, 000150,000

25,000

1,000, 000

100,000250, 000

40,000100,000

25,000200, 000

200,000

500,00030, 000

150,000

3,500,000

100,000

300,000

50,000

7,620,000

Approxi-mate sur-plus and

undividedprofits

$146,207

24,308

26, 65825, 965

12, 239262, 639

73, 721

4,340

749,107

50,000346, 260

11,127205, 888

12, 52420, 000

256,451

52,46425, 34563, 311

5, 221, 623

28,124

462, 394

32,466

8,113,161

Approxi-mate assets

$2,963,194

1,0S0,428

716, 4911,452,181

1, 220, 2904, 735, 8141, 902, 333

212, 876

17,037,002

487, 5499,453, 656

461,9981, 832, 972

299, 697220, 000

5, 776,985

2, 069, 314340, 089

1, 261, 550

37, 789, 591

972, 637

5,185, 235

744, 939

98, 216, 821

1 Consolidated on Apr. 20,1929, with the Citizens Security National Bank of Everett under act Nov. 7,1918.

2 With 2 branches in Memphis.


REPORT OF THE COMPTROLLER OF THE CURRENCY 259TABLE NO. 18.—National banks, by States and geographical divisions, organized,

failed, and reported in voluntary liquidation during the year ended October 31,1929

State

MaineVermontMassachusettsRhode IslandConnecticut


New YorkNew JerseyPennsylvania __DelawareMaryland

Total Eastern States..

Virginia __West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentuckyTennessee


OhioIndianaIllinoisMichigan. . _WisconsinMinnesotaIowaMissouri

Total Middle West-ern States..

North DakotaSouth DakotaNebraska.Kansas .MontanaWyomingColoradoNew MexicoOklahoma _


Washington.._OregonCaliforniaIdahoArizona

Total Pacific States...

Total United S t a t e s -

Organized

N u m -ber

14

5

21551

32

2

2

9211

112

1

31

33622726

31

64621

3

22

43

1021

20

141

Authorizedcapital

$100, 000325, 000

425, 000

20, 325, 000750, 000725, 00050, 000

21, 850, 000

535, 000

200, 000

900, 000150, 00050, 00050, 000

535, 000150, 000

3, 500, 000

6, 070, 000

520 000250, 000

2, 550, 000650, 000125, 000415, 000325, 000845,000

5, 680, 000

800, 000175, 000340, 000

55, 000100,000

225, 000

1,695, 000

400, 000500 000

1, 350, 000125, 000100, 000

2, 475, 000

38,195, 000

Num-ber

11

2

11363

1221

31

33

34411381

25

8

411

1

1

16

1

I1

3

79

Failec

Capital

$50, 00080, 000

130, 000

25, 00090, 000

250, 000350, 000650, 000

1,180, 000150, 00085, 000

150, 00050, 000

2, 980, 000

115, 000165, 000415, 000

25, 00050,000

475, 000370, 00050, 000

1, 665, 000

275, 000

165, 00060, 00025,000

50, 000

25, 000

600, 000

1, 000, 000

100, 000100, 000

1, 200, 000

6, 575, 000

I

Assets

$1, 337, 720714, 785

2, 052, 505

i 59, 021991, 923

2, 726,1052,826,962

210, 850, 898313, 869, 420

1, 265, 221235, 574

718,182103, 751

33, 647, 057

1, 310, 300* 805, 921

3, 200, 363257, 177820, 885

5 2, 819, 3303, 565, 171

402, 317

13,181, 464

1, 742, 586

6 1 , 288, 367697, 843113, 043

603, 594

207, 769

4, 653, 202

9, 964, 923

796, 9041,141, 613

11, 903, 440

65, 437, 668

Voluntary liquidations

N u m -ber

21

13

7

153811

28

4182

2

1

25724

56

8354

1356

44

79433131

29

60

11

1752

26

221

Capital

$450, 00050, 000

100, 0002, 200, 000

2, 800, 000

58, 600, 000900, 000

3, 025, 00050, 000

1, 000, 000

63, 575, 000

2, 350, 00050, 000

3, 637, 500300, 000

550, 000

100, 000

3, 375, 000450, 000850, 000200, 000

11, 862, 500

1, 525, 000175, 000615. 000

2, 950; 000

670, 000315, 000

3, 890, 000

10,140, 000

380, 000430, 000355, 000200, 0G090, 00040, 00080, 00025, 000

1, 415, 000

3, 015, 000

200, 00025, 000

5, 925, 000550, 000175, 000

6, 875, 000

98, 267, 500

Gross assets

$10,893,9461,117,649

900, 08027,152, 365

40, 064,040

1, 517,156, 50913, 568, 61133, 858,936

461, 98211, 051, 969

1, 576, 098, 007

24, 726,902191, 205

41,187,2451,815,890

4, 388, 828

645, 677

36,190,6914, 885, 377

15, 935, 9782, 664, 516

132,632,309

27, 741, 5381, 768, 9296, 923, 067

44, 703, 455

7, 952,1204, 051, 778

46, 878, 391

140, 019, 278

6, 062, 5365, 009, 8874, 355, 6461, 573, 656

428,603188,125438, 92462,171

12, 575, 879

30,695,427

2, 982, 325219, 592

191, 767, 9836, 906,1642, 481, 069

204, 357,133

2,123,866,194

1 Includes one bank with capital of $25,000 and assets of $59,021 previously reported in voluntary liquida-

2 Includes one bank with capital of $100,000 and assets of $190,795 previously reported in voluntaryliquidation.

s Includes one bank with capital of $100,000 and assets of $220,360 previously reported in voluntary liqui-dation and one with capital of $50,000 and assets of $403,545 restored to solvency.

* Includes 2 banks with capital aggregating $110,000 and assets of $239,860 previously reported in volun-tary liquidation.

«Includes one bank with capital of $300,000 and assets of $357,386 previously repoited m voluntaryliquidation.

«Includes one bank with capital of $35,000 restored to solvency.



TABLE NO. 19.—Number and classification of national banks chartered monthlyduring the year ended October 31, 1929

Months

November..December. _JanuaryFebruary._MarchAprilMayJuneJuly...AugustSeptember.October

Total-

Num-ber

Conversions

23

Capital Num-ber

$200,000250,000100,000350, 000

1,175, 000715,000700, 000

3, 780, 000300, 00050,000

7, 620.000

Reorganizations

Capital Num-ber

$25,000

50,000

200, 000

100,000

375,000

Primary organi-zations;

114

Capital

$12,025, 000330,000340, 000300, 000

5,175, 000450. 000

4,875, 0001, 875, 000

650, 0001, 030,0001, 300, 0001,-850,000

30, 200,000

Total

141

Capital

$12,025,000555. 000590,000450, 000

5, 525, 0001,625, 0005, 590, 0002, 575. 0004, 630, 0001, 330, 0001, 350,0001, 950, 000

38,195, 000

TABLE NO. 20.—Principal items of resources and liabilities of national banks,classified according to capital stock, December 31, 1928

CAPITAL STOCK OF LESS THAN $50,000


Cities, States, and Territories

COUNTRY BANKS

MaineNew HampshireVermontMassachusetts _ _Connecticut ...


New YorkNew JerseyPennsylvaniaDelaware.Maryland


Virginia.. . . .West VirginiaNorth Carolina.South CarolinaGeorgiaFloridaAlabamaLouisianaTexasArkansas._KentuckyTennessee


OhioIndianaIllinoisMichiganWisconsin. .Minnesota...IowaMissouri


Num-ber ofbanks

15354

18

11030

1993

21

363

3838

56

154

236

197303024

416

7471

1302235

15o8732

606

Loans anddiscounts

1241,021

985873845

3,848

32, 61211,67046, 832

5856,479

98, 178

10, 7839,9276, 9731,2922,595

6764, 6343,031

29, 8094, 6189,6575, 183

87,178

15, 99613, 57024, 498

4, 8S07,155

33, 27418, 7276,031

124,131

Bondsand secu-

ritiesowned

130751623456669

2,629

34, 7966,137

49, 905555

6,492

97, 885

3, 5933, 173

122323623265

1, 467128

7,9101,4773,9881,906

24, 975

9. 4866, 825

15, 7522,8275,231

24, 0288, 0052,812

74, 966

Aggregateresources

3532,2291,7921,6071,846

7,827

76,19420, 427

111, 1651,281

14, 674

223, 741

17, 29116, 588

1,5052,1464,5691,2928, 7461,800

58, 3629, 055

17,0189,393

147, 765

30, 78225,17749, 0389,148

14, 65671, 53533, 90711,677

245, 920

Capital

2513575

125100

460

2, 845770

5,15575

560

9, 405

1,0341, 065

155165435115630150

5,422775805635

11, 386

2,0131, 8953, 590

630925

4,1232, 490

870

16, 536

Surplusand un-dividedprofits

6613910616494

569

5,9781,642

11,184100

1, 251

20, 155

1, 0431,034

75

28759

68937

3,207398

1,153515

8, 579

2,2931,5232,712

331504

2, 5941, 495

505

11, 957

Totaldeposits

2521,8031, 5331,2571,503

6,348

63, 93617,06889, 028

1, 02412,112

183,168

14, 22013,199

1,1861, 7263,446

9646, 7091, 573

47, 5767,457

14, 2737,667

119,996

24, 39519, 90339, 5507,707

12, 58261, 34427, 5249,724

202, 729



TABLE NO. 20.—Principal items of resources and liabilities of national hanks,classified according to capital stock, December 31, 1928—Continued

CAPITAL STOCK OF LESS THAN $50,000—Continued



COUNTRY BANKS—continned

North DakotaSouth DakotaNebraskaKansas -_.MontanaWyomingColorado - ._New MexicoOklahoma


Washington . . _OregonCaliforniaIdahoUtah —NevadaArizona


Total United States _

Num-ber ofbanks

995754

111368

5610

196

627

29264519432

128

2,158

Loans anddiscounts

18, 51511, 90812, 79121, 2414,6241,7879,9822,316

42, 352

125, 516

5,8123, 7448,8283,5601, 2171.285'234

24, 680

463, 531

Bondsand secu-

ritiesowned

7,7884,4614,2437,7603,1801,3254,777

78230, 803

65,119

4,6473.0406,4932,220

246902396

17,944

283, 518

Aggregateresources

33,94621, 46321, 40338, 03710, 8144,633

20, 2274, 215

76, 795

231, 533

12, 7798, 947

20, 7047,7131,7972,663

806

55, 409

912,195

Capital

2,5401,5201,4602,933

955230

1,505260

5, 065

16, 468

770700

1,1455051009050

3,360

57,615


1,618877

1,0871,750

293218815174

2,198

9, 030

3633638772441089211

2,058

52, 348

Totaldeposits

27, 94218,18717, 21931,1479,2254,062

16, 8473?674

91,012

219,315

11, 3457, 606

18, 0536 7641, 4532,424

729

48, 374

779, 930

CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000


Philadelphia _.Dallas _.WacoChicagoMinneapolis- _St. PaulTopekaDenverPuebloMuskogee


COUNTRY BANKS

MaineNew Hampshire.._VermontMassachusetts,._Ehode IslandConnecticut _


New YorkNew JerseyPennsy vlaniaDelaware „Maryland-__


Virginia _West VirginiaNorth CarolinaSouth C arolinaGeorgia..Florida _AlabamaMississippiLouisianaTexas

39453787

i\

307183495

1150

956545335040582517

344

4192,425286

1,078301493718440

1,044429

7, 633

27, 28532, 56528,16376, 3342, 21115, 732

182, 290

260, 803172,351418,1556,550

44, 730

3251,300311

1,017474856

1,272261

1, 085690

7,591

1,0315, 561900

2,8141, 8951,5293,088930

2,8721,546

22,166

70, 23768. 61956, 611160, 9024,189

35, 043

157,795 ! 395,601

35, 25023, 74121, 51662, 0021, 21514,071

245, 281119, 905332, 8416, 629

37, 249

1,046 902,589 741,905

73, 31553, 04039, 37720, 27028, 23626, 33335, 23425,1677, 687

163, 381

17, 51116, 7627,1106, 32610, 75616, 60411, 24211, 3863,16854,945

574, 334338, 161870, 69615, 06792, 014

1, 890, 272

109, 02584, 79961, 50235, 52350. 84353, 29060, 16047, 52516, 442

306,180 I

125150100100100100250100100100

1,225

2,9704,1153, 3858,473520

2,245

21, 708

25, 65715, 99543, 620

8664,072

90, 210

7,7005,1854,3082, 8104, 5203, 2754,8402, 4501, 400

25, 448

37350

458321419219

15420

6834,843

6502, 5711,6691,3702,543

8022, 5151,311

862 ! 18, 957

6,2063,86213, 762

5353, 893

58, 02552, 22245, 108129, 5182, 68626,473

33,848 I 314,032

43,11324, 27894, 6421.7717,654

171, 458

7,7186r0003,6862,0234,0483,1424, 8162,2791,008

19, 841

477, 322282, 542654,17511, 41075, 051

1,500,506

84, 71966, 56750? 21028, 78837, 43447, 65743, 465391 05812, 912

245, 897



TABLE NO. 20.—Principal items of resources and liabilities of national banks,classified according to capital stock, December 31, 1928—Continued

CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000-Continued




ArkansasKentucky _Tennessee _ . .


OhioIndiana ~IllinoisMichiganWisconsinMinnesota - _Iowa__ _Missouri


North DakotaSouth Dakota. _NebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma


WashingtonOregon. _California __IdahoUtahNevada _Arizona


Alaska (nonmember banks)The Territory of Hawaii (non-

member bank)

Total (nonmember banks).

Total country banks

Total United States

Num-ber ofbanks

379159

959

179113273848293

15867

1,049

313789

11623155116

105

483

5656

11222105

10

271

4

1

5

4,051

4,062

Loans anddiscounts

18, 57362, 58336, 982

590,178

113, 00072, 035

173, 46062,04556, 83846, 80980, 63332, 311

637,131

20, 28220, 62944, 81357, 82714,11013,04526,07110, 22937,318

244, 324

28,56729,30962, 92914, 4235,8065,6516,016

152, 701

2,186

809

2,995

2, 712, 208

2, 719, 841

Bondsand secu-

ritiesowned

7,08525,81810, 749

199, 462

67, 06234, 846

108, 70153, 68947,14244, 44840, 75017,405

414, 043

15, 62618, 09519,06629,0949,9879,099

20,1487,113

28,945

157,173

27, 03819,14439, 7076,4772,2801,3433,927

99, 916

1,848

1,129

2,977

1, 773, 271

1, 780, 862

Aggregateresources

35,673109, 73260,119

1,035,813

218, 723133, 749343, 687137, 272124, 588115,130153, 885

63, 581

1, 290, 615

45, 71449, 89079, 775

115, 50931, 63228, 62261,10223, 629

119, 557

555, 430

69, 66263, 293

127, 85228,1729,9849,164

14,117

322, 244

5,138

2,490

7,628

5, 497, 603

5, 519, 769

Capital

2,7407,4664,454

76, 596

14, 9329,693

20, 7937,4056,5756,380

10, 6004,885

81, 263

2,1752,6255,6907,9501,9251,2803,5951,1507,300

33, 690

4,1704,2208, 7501,550

700510800

20, 700

275

100

375

324, 542

325, 767


1,9227,4433,111

67,037

16, 6998,433

23, 7586,2836,2564,6576,3793,673

76,138

1, 5521,8014,1365,3681,4281,6422,312

6682,355

21, 262

2,3682,6425,812

791295440413

12, 761

206

172

378

382, 882

383, 744

Totaldeposits

29,24087,06647,404

820,417

170, 254105, 384276,168115, 309105,182

98, 857127, 727

50, 648

1,049, 529

40, 21143, 54462, 28695, 20727,72624,40052, 04621,16581, 496

448, 081

60, 80954, 275

108,13924, 8708,5027.895

12, 010

276, 500

4,575

2,189

6,764

4, 415, 829

4, 434, 786

CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000


Chicago

Central reserve cities...


Brooklyn and Bronx. _BuffaloPhiladelphiaPittsburghBalt imore. . . .WashingtonRichmondCharlotte...Birmingham _El PasoFort Worth

173

173

13, 5376, 268

52, 2824,346

• 8, 93012,8251,2718,483497

8,8302,843

475

9,1623,084

24, 6692,8322,2194,248273

2,856321

5,801482

27,96011,44791, 712

14, 32521, 7272,11113, 582

97618, 7694,270

200

200

2,000950

3,575500800

1,075300800200600200

37

37

1, 616491

10, 798600

1,1101,626

601,770

56747128

660

660

22, 7788,81572, 3397,14411,15017,3821,6108,892497

17,2013,529


EEPOKT OF THE COMPTROLLER OP THE CURRENCY 263


CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued



OTHER RESERVE CITIES—COntd.

GalvestonHoustonSan AntonioWP coLittle RockNashvilleCincinnati.—IndianapolisChicago _ _PeoriaMilwaukeeMinneapolis __St. PaulDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincoln __OmahaKansas City, Kans. _ _TopekaWichitaHelenaDenverMuskogeeOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOgden..

All other reserve cities


COUNTRY BANKS

Maine.New HampshireVermontMassachusettsRhode IslandConnecticut __ ___


New York..New JerseyPennsylvaniaDelaware.Maryland


Virginia. _. _West VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabama..Mississippi _LouisianaTexas _ _ArkansasKentucky _. _ _ .Tennessee _


N u m -ber ofbanks

23221221

24132214334331122112211221

128

129

126

392

21

85

8764

10234

260

16101111118

19105

448

108

171

Loans anddiscounts

7,9295,9973,8974,5413,1135, 7576,4233,284

42, 2484,4964,2101,1269,2182,200

10,0526,693

12,1605,3686,8477,2311,4231,5212,0045,6171, 7672,1043,9946,1641,363

5031, 2421,6111,907

304,122

304,295

38,0639,6288,488

102,8097,754

49,090

215,832

238, 980167, 750265, 024

5,29213,007

690,053

44, 41629, 46122, 63720, 56116, 9739,819

24,40827, 527

7,81684, 75719,07519, 69513,115

340, 260

Bondsand secu-

ritiesowned

2,6761,8522,5622,983

648879

6,2481,115

37,6831,6492,1342,3965,7662,9515,9264,0653,5017,1862,1754,325

9382,031

9172,104

2842,1034,9582,4741,0472,2193,186

924212

178,064

178, 539

29, 5154,4105, 579

61, 5406,141

22, 885

130,070

151,95179, 224

172, 7333,3083,657

410, 873

10,8228,0443,9626,3293,7756,269

11,5318,2731,383

25, 9059,5855,3004,170

105, 348

Aggregateresources

13,48511,4698,421

10,4145,5448,655

15,4796,445

98,0607,9418,0814,505

21,1316,019

22, 72414, 71921, 77116,22812, 45614, 7123,2314,7384,037

10,0042,7155,700

12,46111,6523,2473,4075,9563,2703,083

6*17, 623

618, 521

75, 93817,19216, 253

190, 78015, 51183,497

399,171

447, 629' 289,863

509, 98510,62419,019

1,277,120

65, 55046, 72735, 22234,19526,97521,92344,58847,18113,839

157,65936, 57530,92023,100

584,454

Capital

400850550550300600600400

5,450300600400650200

1,050700600

1,0507008,50200200400450250300500450200200400500250

32,100

32, 300

3,3251,2501,3009,740

'7505,082

21,447

20, 54016,02525,250

663902

63, 380

4,4002, 6542,5252,6502,6002,0504,8002,6101,200

10,3502,2502,3751,950

42,414


623235221347219446

1,353195

3,92389516912760433366247575038038037480

1341195181181291351778676

12012251

33, 578

33, 615

5,6212,6471,359

14, 3551,6505,982

31, 614

29, 73221,07958, 961

1,6471,642

113,061

5,0774,2192,1462,0662,1141,4792, 5002,299

7127,9971,6752,1431,003

35,430

Totaldeposits

11,9139 6826,1068,9515,0257,078

12,6435 447

84,1196 4977,0763,688

19 4885,268

20, 04113, 20619,95813, 97810,99011, 5252,7564,2703,5178,8302 1514,921

11,80410,6042, 7552,9095,2342,6242,608

518,999

519,659

62,09711,56112,253

156, 89511,85366, 580

321,239

377,891232, 755402, 838

7,63315, 789

1,036, 906

48, 55736, 57728,19227, 57319,75616,94531,14940,04810, 925

133,27631, 50823,80317, 770

466,079




CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued




OhioIndianaIllinois _MichiganWisconsinMinnesotaIowa .M issouri


North DakotaSouth DakotaNebraska _ _ __KansasMontanaWyoming ._ColoradoNew Mexico .Oklahoma


WashingtonOregonCaliforniaIdahoNevadaArizona


Total country banks.

Total United States

Num-ber ofbanks

502535152413128

182

322

1093729

47

106

30313

53

798

927

Loans anddiscounts

104,10050, 50170, 37045, 76249, 50223,11427, 48715, 740

386, 576

7,3963,4662,641

21,84028,5276,934

13, 6736,308

11,821

102, 606

15, 72712, 69555,4999,1511,2459,943

104, 260

1,839, 587

2,143,882

Bondsand secu-

ritiesowned

56,31524,67347, 74631,48832, 57716,84114, 59111, 474

235, 705

5,3954,2691,1499,995

17,6923,4747,1573,1838,238

60, 552

13, 2855,842

26,6865,7442,0607,623

61,240

1,003, 788

1,182, 327

Aggregateresources

197,08693, 533

145,83091, 802

102,09251, 29256,98534, 953

773, 573

17,21311,4015,172

42,06359,46713, 57127,83312,19726, 246

215,163

36, 72622, 779

105, 228i 20,727

. I 4,24222, 732

212,434

3,461,915

4,080, 436

Capital

13,1256,3258,6754,2506,2253,0003,4001,900

46,900

700450500

2,2002,000

8001,600

6502,050

10,950

2,5501,2507,400

975200800

13,175

198, 266

230, 566


15,0414,0979,1005,1785,1841,8302,2701,310

44,010

427503174

1,8332,090

448972301805

7,553

1,5141,1745,017

46245

594

8,806

240, 474

274,089

Totaldeposits

153,48076,986

118, 86277, 53985,19144, 38348,10330,435

634,979

15, 73310, 3223,717

35,16553,66912,10523, 83010, 54623,061

188,148

30, 35318, 77888, 41318,4493,743

20,876

180, 612

2,827, 963

3, 347,622

CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000


New York City_Chicago

Central reserve cities


Boston _Brooklyn and BronxPhiladelphiaPittsburghBaltimoreWashington.Charlotte _Dallas... _Fort WorthGalvestonHouston . . .San Antonio _LouisvilleNashvilleCincinnati _ColumbusToledoChicagoPeoria _ _Grand Rapids

5,4713, 702

9,173

0,11915, 78125, 29938,0599,22718,9768,9662,603,10,0264,3809,8146,54218, 4734,4545,55319,8498,47410, 5659,12311, 723

1,712529

2,241

2,9846,6267,356

17, 2836,0574,7851,7211,6063,8501,9277,0361,779

12, 705112

4,0514,7866,0547,3436,9571,948

9,3705,527

14,897

10,95226,41038,31171,99919, 63233, 61612, 7416,468

20, 6358,37822,80812, 64538,0675,63812,90432,16117,17620, 99719, 50717, 258

1,500500

2,000

1,0003,5002,0002,9501,4002,0501,000500

1,250750

1,0001,1001,250600500

1,700500

1,3001,050800

914107

1,021

2541,6082, 9596,2621,2882,3221,546154629327

1,199584

2,089163

1,3222, 5051,977998

2,2031,190

6,4424,540

10,982

8,48220,27231, 27056,00615,15227,7008,5315,32818, 2606,82817,1779,93531, 2164,8129,85025,17612, 51817,94015,00114,407


REPORT OF THE COMPTROLLER OF THE CURRENCY 265TABLE NO. 20.—Principal items^ of resources and liabilities of national banks,

classified according to capital stock, December 31, 1928—Continued

CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued



OTHER EESEKVE CITIES—COntd.

MilwaukeeMinneapolis. .._Cedar RapidsDes Moines ._DubuqueKansas City, MoSt. Joseph.-.St. Louis _LincolnOmahaKansas City, Kans...TopekaDenver..PuebloMuskogeeOklahoma CityTulsa. -Seattle.Spokane ._Portland _ __Los A.ngelesSan FranciscoOgden__ _Salt Lake City



COUNTRY BANKS

MaineVermontMassachusettsRhode IslandConnecticut _


New York...New JerseyPennsylvania


VirginiaWest VirginiaNorth Carolina _ ._.South CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas _Arkansas.. _KentuckyTennessee. _


OhioIndianaTllinoisMichigan... _Wisconsin _Minnesota


Num-ber ofbanks

84

Loans anddiscounts

6,4496,99913,4112,6553,471

24, 7834,4748,6607,7768,9536,0914,90816, 3923,9533,12014, 7955.1298,5963.1304,1552,130518

4,31819, 697

428, 569

437, 742

12,1403,97755,16714, 56842, 232

128,084

70,53575,839113,746

260,120

42

24, 45024, 91221,9958,7193, 2869,82917,4472,0432,62617, 79510,38117, 23421, 559

182, 276

36, 56039,16439,41840, 76138, 8136,079

200, 795

Bondsand secu-l Aggregate

rities resourcesowned

1,7963, 5448,3832,9402,4896,1941, 35410, 6472, 371947

2,8546,28711, 6965,1883,28511, 781

7214,0201,1831. 6011,7671,3192,28910, 256

211, 878

214,119

2,9511,295

25, 8327,49816,864

54,440

33, 27446. 68160, 226

140,181

6,7666,9978,6145,538139

5,8884,256543824

10, 4675,9134,2103,269

63,224

16,11025, 76224,19321,59617,1162,927

107, 704

12,03213, 66031,1387,3587,662

41, 3528,24324, 01914, 09413,11112, 38415, 63036, 43320, 3778,14538,8618,22917,1826,0418, 7715,0212,41810,46141,964

852,889

867, 786

17, 5696,13693,54926, 57173,105

216,930

119, 787147, 227203, 200

470, 214

39,01439, 24541,88020,1334,13219,96128, 8003,5925, 97035, 94820,08026, 64533, 732

319,132

65,29582, 27882, 42573, 76869, 53911, 732

385, 037

Capital

500500

1,100500500

2,350500

1,800800750750

1,0001,050500500

1,850500

1,000500500500500500

2,100

47, 250

49, 250

1,200500

4,8001, 8504,750

13,100

7, 3507,83011, 600

26, 780

3,7002,5003,4501,500500

1,9001,250500600

2,8001,0002,6001,350

23, 650

3,3505,2005, 5003,7004,3001,100

23,150


953388860207110

1,713504

1,014301685323626

2,1391,02317268520364312629714150106

1, 250

46, 098

47,119

1,292381

7, 2112,6196,491

17,994

11, 43820, 576

Totaldeposits

1,9783,6781,944

433640

1, 2651,461

238350

2,0361,2571,9151,338

18, 533

5,1624,7353, 5543, 7744, 649

707

22, 581

8,95111, 66927,8125,3626,848

33, 9977,110

19, 61312, 4708,930

10, 71113, 70832,41218, 3176, 952

35,9207,456

15,3584,8997,9234,2691,6289, 223

37,031

704,430

715,412

14, 2074,264

76, 53219, 29259, 365

173, 660

96, 734119,666158, 228

41,007 374, e

27, 99127, 77632,15817,0002,526

15,23520, 7962,7214,718

28, 55516,81918, 92025, 437

240, 652

51, 66166, 66270, 34059, 87357, 6599,262

315,457




CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued

[In thousands of dollars!


COUNTBY BANKS—continued

WashingtonCaliforniaNevada

Total Pacific States.-

The Territory of Hawaii (non-member bank)

Total (nonmember banks).

Total country banks

Total United States

Num-ber ofbanks

241

7

1

1

161

249

Loans anddiscounts

9,81525,2393,484

38, 538

3,119

3,119

812, 932

1, 250, 674

Bondsand secu-

ritiesowned

4,79711,182

997

16,976

2,745

2,745

385, 270

599, 389

Aggregateresources

17,72345,9186,891

70,532

8,071

8,071

1,469,916

2, 337, 702

Capital

1,0002,350

700

4,050

500

500

91, 230

140, 480


8042,014

196

3,014

791

791

103, 920

151,039

Totaldeposits

15, 71139,4795,330

60, 520

5,940

5,940

1,170, 857

1, 886, 269

CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000


New York City

Chicago


OTHER RESERVE piTIES

BostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashingtonRichmondAtlantaSavannahJacksonvilleBirminghamNew OrleansDallas.El Paso. ___Fort Worth..._GalvestonHouston..San Antonio...WacoLouisvilleMemphisNashville—CincinnatiClevelandColumbusIndianapolisPeoriaDetroitGrand RapidsMilwaukee..MinneapolisSt. PaulDes MoinesSioux CityKansas City, MoSt. LouisOmahaWichita..DenverOklahoma City

104,12336, 684

12 i 140,807

119,69343, 28118,10814, 668

222, 88472, 24177, 61463, 60538,07062, 57950, 33831, 35353, 27430, 53061, 3867,88539,1449,504

71, 58530, 9357,457

57, 63711, 75641, 7828,116

61, 81730.10352, 8106,498

57, 48612, 29214, 33360,12763, 61518, 8736,539

50, 94961.10440, 82414,54655, 82628,466

24,1256,682

30, 807

27, 32423, 8943, 2136,31153,94530, 39424, 94124, 7019,782

24, 9574,30630,90410, 6606,10428,1143,46911, 6743, 656

26, 4056,7213,39221,0816,3336,2754,109

28, 62311, 91018, 7873,76111, 8322,2646,92228,08424,1587,3001,435

23, 51214, 66822, 96111, 55931, 99613, 633

176,11361,012

237,125

204,01785, 32827, 57724, 857373,485134, 559150, 258118, 29258,422121,07877, 61485, 00181,82456, 005

121, 60216, 91174, 46616,197138,91852, 96314, 49999, 34727, 55664, 28515, 307120, 75358, 581104, 22514,15788, 65121, 80227, 592117, 681120, 63835, 32110, 614109, 979100, 05893, 99139,169120, 96458, 284

14,0004,350

18, 350

9,0003,5001,5001,00015,9086,0007,5007, 6504,0006,2004,0004,5004,2502,8008,0001,0003,0001,0007,0003,0001,0005,0001,0004,1251,0004,8003, 3007,2501,1254,5001,0002,0005,0005,0002,2001,0004,0006,7003,6002,0003,7503,000

11,8772,048

13,925

16, 5246,8582,2441,228

38, 93213, 30610, 0677,3774,5797,2883,8873,2286, 6072,9304,836

2332,711244

5,1711, 752295

4, 3411, 0014,830943

5, 3664,1785, 9771,1795,958709

1,4803,6886,8461, 212

695,5464,5452,2751,3765,218

134, 60051,053

185, 653

155, 78568,14820,07920, 360

289, 548101, 267121, 78993, 28347,462104, 51069, 51972,04461, 67740, 89799, 51614, 34166,48312, 578

117, 83146, 51812, 21273,12925,39449, 50310,44791, 78347, 63685, 31911,14572, 37118,94120,089104, 043105, 27530,4278,221

97, 71783, 89382,04935, 424111, 53554, 309


REPORT OF THE COMPTKOLLEE OF THE CURRENCY 267


CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000—Continued


Cities, States and Territories

OTHER RESERVE CITIES—COn.

TulsaSeattle _ _ _ .SpokanePortlandLos Angeles ._OaklandSan Francisco _ _ _



COUNTRY BANKS

MassachusettsRhode IslandConnecticut _ _


New York _ _ _ __New Jersev__Pennsylvania


VirginiaWest VirginiaNorth C arolina. _South CarolinaFlorida __ _AlabamaLouisianaTexasKentuckyTennessee


OhioIndiana __ _ _MichiganMinnesota


WashingtonCalifornia


Total country banks

Total United States

Num-ber ofbanks

3522521

123

135

417

12

386

17

6132423213

27

5213

11

12

3

70

205

Loans anddiscounts

53,17557, 94920, 41439, 258

139, 58123, 2216,144

2, 221, 375

2, 362,182

53, 8939,245

91, 544

154, 682

28, 540157,16358, 007

243, 710

70,31911, 06319, 91225, 75329, 52419, 29137, 51212,1616,069

35, 910

267, 514

41,49321,1048,297

25, 874

96, 768

9, 42928, 295

37, 724

800, 398

3,162, 580

Bondsand secu-

ritiesowned

19, 67239,1815, 525

56, 54749, 4538,7151,717

846, 880

877, 687

32, 7416,829

22, 413

61, 983

21, 85063, 93651,821

137, 607

14, 7971,9774,1428, 271

18,0949, 4654,5545, 7151,5476,738

75, 300

14,1577,4855,791

15, 334

42, 767

4,76311, 904

16, 667

334, 324

1,212,011

Aggregateresources

103,171137, 59835, 073

122. 818253, 83741, 55011,631

4,188, 506

4, 425, 631

101, 97818,149

146, 941

267,068

58,320267, 291127,313

452, 924

108,14516,58839, 54346, 75060, 41436, 67854, 04423, 8578,583

57,106

451, 708

74,32337, 22917,67550,141

179,368

17,56353, 801

71,364

1, 422, 432

5, 848,063

Capital

5,5008,2902,5005, 500-

11, 0002,2001,000

209,148

227, 498

5,0001,500

10, 400

16, 900

3,40013,900

7,250

24, 550

8,5002,0003. 0002,5004, 4002,0003,6002,0001,0003,750

32, 750

6,5002,0001,2505,000

14, 750

1.0003,000

4,000

92, 950

320, 448


3,7463,934

8165,445

13, 0422,736

319

237, 959

251, 884

8,5132,947

15, 861

27, 321

3,38117,93714, 679

35, 997

7,1661,0942,4612,0934,0572,2761,7121,110

6212,693

25, 283

5,0661,7311,8184,251

12,866

5861,802

2,388

103, 855

355, 739

Totaldeposits

93,324116, 98628,401

108, 111212, 63333,8927,786

3, 455, 630

3, 641, 283

82, 34112,016

113,100

207, 457

49, 455213, 624

.123,742

386, 821

79,03611, 70128,76837,27349, 31431, 24846, 41918, 4606,178

46, 904

355, 301

56, 69128, 52814,15338, 996

138, 368

15,01548,072

63, 087

1,151,034

4,792,317

CAPITAL STOCK OF $5,000,000 BUT LESS THAN $25,000,000


New York..Chicago

Total central reserve cities. 10

1,012, 746417,066

1,429,812

468, 50350, 434

518,937

2,350, 236651, 713

3,001,949

61, 50026, 500

88, 000

205, 80133, 594

239, 395

1, 765, 984528, 933

2, 294, 917




CAPITAL STOCK OF $5,000,000 BUT LESS THAN $25,000,000-Continued


Cities, States, and TerritoriesNum-ber ofbanks

Loans anddiscounts

Bondsand secu-

ritiesowned

Aggregateresources Capital


Totaldeposits


BostonPhiladelphiaPittsburghDallasCincinnati ._DetroitMilwaukee..Minneapolis.St. LouisLos Angeles _.

San Francisco

Total other reserve cities...

Total United States

224, 371177,953114,657

41, 53432, 347

102, 502122,15050,207

144,994196, 818198,303

41,52050, 878

177,1309,185

10, 56729, 42318, 48233, 95147,91274, 62859, 746

401, 339360, 842367, 578

68, 68459,103

183, 457179,517116, 662250,319349, 576356, 502

21,35014,00019, 5005,0006, 0007,5009,0005,500

20,00013, 75022, 000

16,68840,13825, 4044,2535,586

12, 3236,9735,607

11,22617,48617, 747

291,419279, 329293, 226

53, 52246, 397

151,032145,17096, 779

205, 826308,078273, 527

1,405,836 553, 422 2, 693, 579 143, 60ft 163, 431 2,144, 305

2, 835, 648 1, 072, 359 5, 695, 528 231, 600 402, 826 4, 439, 222

C A P I T A L S T O C K OF $25,000,000 B U T LESS T H A N $50,000,000


New York CitvChicago



Boston

Total United States

21

3

1

4

570, 269381, 940

952,209

203, 426

1,155,635

137, 875108, 872

246, 747

60,875

307, 622

1, 360, 326651,852

2,012,178

449, 769

2, 461, 947

50, 00035,000

85,000

25,000

110, 000

85, 68035, 578

121, 258

32, 434

153, 692

970,179535, 359

1, 505, 538

293,819

1, 799, 357

C A P I T A L S T O C K OF $50,000,000 OR MOPvE

CENTRAL RESERVE CITY

New York _


San Francisco

Total United States

2

1

3

1,135, 933

411, 907

1, 547,840

416,758

272, 472

689,230

2, 892, 908

840, 608

3,733,516

150,000

50,000

200, 000

154,477

53, 873

208,350

2,165, 649

702, 228

2, 867, 877


REPORT OF THE COMPTROLLER OF THE CURRENCY 269TABLE NO. 21.—United Stales bonds on deposit to secure circulating notes of national

hanks in years ended October 81, 1900 to 1929

Year

1900__.

1901_..

1902._.

1903.__

1904-_

1905_._

1906_.

1907.

1908_.

1909__.

1912...1913_.1914..1915_.1916..1917..1918-.1919-.1920_.1921_.1922,.1923..1924,.1925..1926_.1927..1928,1929_.

Num-ber ofbanks

3,871

4,221

4,601

5,147

5,495

5, 858

6,225

6,620

6,873

7,025

7,2187,3317, 4287,5147,5787,6327,6087,6717,7657,9008; 1578,1798,2628,264

8,118

7, 8327,7077,506

United States bonds held as security for circulation

!2 per cent consols 4 p e r c e n t b o n d g 3 p e r c e n t b o n d

$1, 019, 950Consols of 1930,

270, 006, 600

12, 500Consols of 1930,

316, 625, 650

Consols of 1907,

320, 738, 000

376, 003, 300

416, 972, 750

483,181, 900

492,170, 650

532, 543, 550

554,700,700 I

,100Loan of 1895, j

7, 503, 350 l

Consols of 1907, j6.032,000 !

Loan of 1895, iII 2,911,100 |! Consols of 1907,11 8, 248, 450 J1 L o a n of 1895, |

2, 208, 600 1Consols of 1907, |

2, 979, 200Loan of 1895,

1, 410,100 IConsols of 1907, !

5, 857, 500 |Loan of 1895, |

1,791,600 iConsols of 1907, J

4, 050, 350 'Loan of 1895,

4, 465, 000Consols of 1907,

25,124, 650L o a n of 1895,

4, 602,100 j/ L o a n of 1895,1 10, 732, 900

j i T .

! Loan o t

j I

14, 960, 450

!(4 per cent loan

573,328,450 U of 1925,( 15, 463, 050

580, 145, 400593,006, 600601, 762, 600604, 264, 950606,622, 300600, 678, 600567, 690, 250555, 514, 950561, 848, 600565,094, 950570, 372, 500576, 522, 950581,493, 950586,801, 800589,086, 200591, 792,150591,139, 900592, 582, 450592, 696, 700592, 721,100

21,022, em22,854, 30026, 817, 00035, 302, 70034, 699, 30032, 304, 80026, 214,40034, 743, 90050, 240, 80058, 055, 05068, 578, 00077, 257, 40082, 509, 90085, 823, 15076, 687, 050

per cent ,$7, 756, 580

3, 983, 780

6, 056, 720

1, 797, 580

1, 922, 940

2, 215, 540

3, 273, 700

6, 490, 080

10, 468, 520

3 per cent 1908-1918,

14, 575, 560

15, 337, 54018,199,38020,419, 22022,245,10021, 447,18020,377, 72015,984, 68017, 715, 220

32,240

5 per cent bofrds Total

Loan of 1904, 5 }per cent, [$301,123, 580

$1,293,000 |

268,900 329, 833, £

1,100,900 338, 352, 670

718, 650

(2 per cent Pana-\ ma Canal,( 14, 482, 080

17, 245, 380f 38, 558, 680I 13, 936, 500Certificates of in-debtedness 3 per

cent.2 per cent 1936

and 1938, Pan-ama Canal,

76,178, 68078, 420, 48080,110, 04081, 258, 46081,701, 24081, 971, 82081, 614, 42078, 068, 66071, 466,14072, 324, 80072, 672, 06073,116,00073, 732, 14073, 656, 84073, 937, 38074, 069, 64074, 392, 98074, 352, 98074, 290, 84074,471, 74074, 015, 000

382, 726, 830

426, 544, 790

493, 912, 790

539, 653, ISO

567, 011, 910

632, 624. 850

679, 545, 740

694, 926, 070714,170, 320730, 257, 280743, 513,990744, 740,600734,975, 540687,957,990679, 440, 210684, 446,440695, 822,060712,066, 500727, 512,490737, 660, 690746, 562, 330739,842, 890666,185,130665,492, 880666,873, 290667,168, 440666, 736,100


TABLE NO. 22.—Profit on national bank circulation, based upon a deposit of $100,000 United States consols of 1930 and Panama Canal bonds,at the average net price, monthly, during the year ended October 81, 1929

CONSOLS OF 1930

too

3Date

1928NovemberDecember.

1929JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober :

Cost ofbonds

$100. 826100.845

100. 789100. 844101. 031101. 442101. 615101. 470101. 558102. 048102. 250102. 250

Circula-tion ob-tainable

$100,000100,000

100,000100,000100,000100, 000100,000100, 000100, 000100,000100, 000100, 000

Receipts

Intereston bonds

$2,0002,000

2,0002,0002,0002,0002,0002,0002,0002,0002,0002,000

Intereston circu-

lation

per centredemp-tion fund

$5,7005,700

5,7005,7005,7005,7005,7005,7005,7005,7005,7005,700

Grossreceipts

$7,7007,700

7,7007,7007,7007,7007,7007,7007,7007,7007,7007,700

Deduct ions

" ax

$500500

500500500500500500500500500500

Expenses

$62. 5062.50

62.5062.5062.5062.5062.5062.5062.5062.5062.5062.50

Sinkingfund

$580. 78634. 07

634. 46730. 80966. 55

1,409.961, 579.111, 437. 341, 534. 862,017. 582, 216. 592, 233. 25

Total

$1,143. 281,196. 57

1,196. 961, 293. 301, 529. 051, 972. 462,141. 611,999. 842,097. 362, 580. 082, 779.092, 795. 75

Netreceipts

$6, 556. 726, 503. 43

6, 503. 046, 406. 706,170. 955, 727. 545, 558. 395, 700.165, 602. 645,119. 924, 920. 914, 904. 25

Interest oncost of

bonds at 6per cent

$6, 049. 566, 050. 70

6, 047. 346,050. 646,061. 866,086. 526,096. 906,088.206,093.486,122. 886,135. 006,135. 00

Profit on circulationin excess of 6 percent on the invest-rh#nt

Amount

$507.16452. 73

455. 70356.06109. 09

-358. 98-538. 51-388. 04-490. 84

-1,002.96-1,214.09- 1 , 230. 75

Per cent

0.503.449

.452

.353

.108- .354- .530- .382- .483- .983

-1.187-1.204

PANAMA 2'S, 1916-1936

1928NovemberDecember

1929JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober

$100. 500100.500

100. 500100. 563100. 813101. 250101. 327101. 000101.164102. 029102. 250102. 250

$100,000100,000

100,000100, 000100, 000100, 000100, 000100, 000100, 000100,000100, 000100,000

$2,0002,000

2,0002,0002,0002,0002,0002,0002,0002,0002,0002,000

$5,7005,700

5,7005,7005,7005,7005,7005,7005,7005,7005,7005,700

$7, 7007,700

7,7007,7007,7007,7007,7007,7007,7007,7007,7007,700

$500500

500500500500500500500500500500

$62. 5062.50

62.5062. 5062.5062.5062.5062.5062.5062.5062.5062.50

$51. 4952.19

52.9160.4188.46137. 92148. 50113. 52134. 05237.10266.81278. 83

$613.99614.69

615. 41622.91650.%700.42711. 00676. 02696. 55799.60829.31841. 33

$7,086. 017,085. 31

7,084. 597,077. 097, 049. 046,999. 586,989. 007, 023. 987, 003. 456, 900. 406, 870. 696, 858. 67

$6, 030. 006, 030. 00

6, 030. 006,033. 786,048. 786, 075. 006, 079. 626,060. 006,069. 846,121. 746,135. 006,135. 00

$1,056. 011,055. 31

1,054. 591,043. 311,000. 26924. 58908. 38963. 98933. 61778. 66735. 69723.67

1.0511.050

1.0491.037.995.913.897.954.923.763.720.708


REPORT OF THE COMPTROLLER OF THE CURRENCY 271TABLE NO. 23.—Investment value of United States bonds—Panama Canal bonds,

and 2's of 1930

Date

January..AprilJulyOctober _.

1929

Panama Canal bonds,2's of 1916-1936

Averageprice, net

100. 5000101. 2500101.1635102. 2500

Rate ofinterest

realized byinvestors

Per cent1.9291.8171.8231.649

2 per cent bonds of 1930

Averageprice, net

Rate ofinterest

realized byinvestors

100. 7885101. 4423101. 5577102. 2500

Per cent1.3380.492

0)0)

1 Negative yield.

TABLE NO. 24.— United States bonds (circulation)—Monthly range of prices in. New York, November, 1928, to October, 1929, inclusive

November:Opening..Highest..Lowest __.Closing. _.

December:Opening..Highest..Lowest. _.Closing...

Date

1928

1929January:

OpeningHighest . . . . ,LowestClosing

February:Opening..HighestLowestClosing

March:O peningHighestLowestClosing _•

April:Opening _HighestLowestClosing

May:OpeningHighestLowestClosing

June:Opening.. _Highest *.LowestClosing

July:Opening.. __HighestLowestClosing..

August:Opening.._ ,Highest __Lowest _Closing

September:Opening..HighestLowest _Closing ___

October:OpeningHighest ._LowestClosing . .

Couponbonds

2's of 1930

%100 101%

O1M100

100100100100

99%@101M100 ©101" '99%@101%

100 ©101%

100100100 © ^100 ©101%100100100

4101%

101%

100^© 102100%© 102%

101 @y2100%© 102%101 ©102

101 ©102101 ©102100%@102101 @102

101 ©102101M@102101 ©102101%© 102^

101VM103101YM103101 ©103

Registered bonds

2's of 1930

Not quoted.do.do. .

.do. .

_do_._do_..do. ._do_.

_do_..do. ._do_._do_.

_do_..do.._do_.. d o -

_do_._do_-_do_.

-do...do.._do_._do_.

_do_-_do_.

_do_._do-_do_._do_.

.do_.-do_._do_._do_.

._do-_do.._do_._do-

._do_., .do-_do_._do_.

..do..-do-..do....do..

Panama 2'sof 1916-1936

100

100%@101%10C)%©101%100%@101%100M@101%

101%© 102^100%@101%1 1 % @ 0 2 ^



TABLE NO. 25.—Number, capital stock, and circulation outstanding of nationalbanks issuing circulating notes, together with the number and capital stock ofnational banks not issuing circulating notes, June 29, 1929, by reserve cities andStates


Cities

CENTRAL RESERVE CITIESNew York . .Chicago . . . :

Central reserve cities. .OTHER RESERVE CITIES

Boston -.AlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh _ _BaltimoreWashington _RichmondCharlotte . .AtlantaSavannah.JacksonvilleBirmingham. _New OrleansDallasEl PasoFort WorthGalveston ._ _ __ ._Houston-San Antonio _Waeo_Little Rock _LouisvilleMemphisNashville ...CincinnatiCleveland .ColumbusToledoIndianapolis. _ChicagoPeoriaDetroit- . . _.Grand RapidsMilwaukee _.MinneapolisSt. Paul-Cedar RapidsDes Moines _Dubuque.. _ _ ._ __Sioux CityKansas City, Mo. .St. JosephSt. Louis __ . . . _LincolnOmahaKansas City, Kans _._ ___ .TopekaWichita _Helena ._ -DenverPueblo--. - . . .MuskogeeOklahoma City __ _TulsaSeattle .Spokane. _Portland. _Los Angeles __OaklandSan Francisco.OgdenSalt Lake City

All other reserve citiesTotal all reserve cities.

June 29, 1929

Banks issuing circulation

Numberof banks

152

17

5262

1996

10153

3316233764

31453414

1941156222254351324

22221452342622

241

258

Capital

265, 0257, 500

272, 525

9, 8503, 5003, 700

55029, 30024, 8508,300

10, 075I, 0001,8006,400

4, 5004, 4502,800

13,1501, 3002, 7001, 4006,9003, 9501,650

5, 5001,0005,2258,3005,5004,500

5007, 6505,0002,5757,5001,000

13, 20012,9005, 5001,1001,700

7002,0503, 550

90013, 550

3003,100

950950

4501,050

600800

1,0005,450

11, 0002,0005, 700

37, 5002 200

76,000750

1,100

402, 425

674.950

Circula-tion out-standing

33,9266,198

40,124

3,6121,2381,199

5505,544

14, 5463, 5554,8911, 00Q1,4402,486

9414,3312,8005, 561

7992,5491, 3315,2943,7401,630

3,97250

4,3272,2393,6001,817

4963,8292,8751,8393,432

8924,2582,909

597998554397

1,072950338

2,634199

1,144800598

20064840074872

6164,6341, 9952,5104,0271,494

19 409743

1,023

154,372

194,496

Banks not issuingcirculation

Numberof banks

610

• 16

5

91

112121

1

12131

I

1

11

7

111

1

2

51534

14

4

16

1

44

2

103

119

Capital

15,40038, 250

53, 650

46, 500

3, 350200

8,4503,600

400700

3,000

4,000

3001,750

7502, 7502,000

400

600

500200

1, 900

5,000500200

350

1,250

4,500200

6,3001,2502,100

5002,400

4,250

1005,200

500

1,3006,500

j 1,666124, 750

178, 400



TABLE N O . 25.—Number, capital stock, and circulation outstanding of nationalbanks issuing circulating notes, together with the number and capital stock ofnational banks not issuing circulating notes, June 29, 1929, by reserve cities andSlates—Continued


June 29,1929

CitiesBanks not issuing

circulationBanks issuing circulation

Circula-tion out-standing

6,9205,1755,135

21,9134,520

17, 838

47, 88541,94089,983

1,604V2C7

186, 619

23,723 !13,325 j10,872 ;7,700 I6,840 |5,640 ;

11,385 •4, 550 '<6,750 i

34,283 i5,085 i

12,746 :

14,004 :

18, 67910, 3236, 7025.8115, 2643, 8509,3073, 0063,407

23, 2323, 883

11, 27610, 361

38,380 !21,713 j33,520 |16,54516, 37516, 60513, 8758,115

4, 4802,8706,960

10, 8623,4651,9154,4751. 4258, 205

7,6204,655

16, 4101,910

5501,4601, 625

4,8242,712

10,0541,389 I

467 |1,1941,025

COUNTRY BANKS

Maine.New Hampshire.VermontMassachusettsRhode IslandConnecticut


New YorkNew JerseyPennsylvania ___.Delaware.. _Maryland

Total Eastern StatesVirginia..-West VirginiaNorth CarolinaSouth Carolina -GeorgiaFloridaAlabamaMississippiLouisianaTexasArkansasKentucky..Tennessee

Total Southern StatesOhioIndiana.-IllinoisMichiganWisconsinMinnesotaIowa _Missouri

Total Middle Western StatesNorth DakotaSouth DakotaNebraska ___KansasMontanaWyomingColoradoNew Mexico.Oklahoma

Total Western StatesWashington.Oregon.California. .-IdahoUtahNevada ---Arizona

Total Pacific States-Alaska (nonmember banks)The Territory of Hawaii (nonmember bank)Total (nonmember banks)

Total country banksTotal United States.. 302,632


TABLE NO. 26.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 81, each year 1918 to 1929[For prior years see annual report 1920]

8

Year Ones Twos Fives Tens Twenties Fifties Onehundreds

Fivehundreds

One thou-sands Total

Issued dur-ing current

year

1918 . . . .

1920..

1921..

1922..

1923._

1924..

1925..

1926..

1927..

1928...

1929 . . . .

1929. _ „

IssuedRedeemedOutstandingIssuedRedeemedOutstanding. _.IssuedRedeemedOutstanding. _.IssuedRedeemedOutstanding...IssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstandingIssuedRedeemedOutstanding. __IssuedRedeemedOutstandingIssuedRedeemedOutstanding

OLD SERIES

IssuedRedeemedOutstanding

NEW SERIESIssuedRedeemedOutstanding

23,169,67722,827,605

342,07223,169,67722,827,605

342,07223,169,67722.827, 771

341,90623,169, 67722,827,833

341,84423,169, 67722, 827,833

341,84423,169, 67722,827,833

341,84423,169,67722, 828, 230

341,44723,169,67722,828,230

341,44723,169,67722, 828, 230

341,44723,169,67722.828, 230

341,44723,169, 67722, 828,230

341,447

23,169,67722,828, 771

340,906

15,495,03815,331,646

163,39215,495,03815,331,646

163, 39215,495,03815,331,750

163, 28815,495,03815,331, 848

163,19015,495,03815,331,848

163,19015, 495, 03815,331,848

163,19015,495,03815,332,144

162, 89415,495,03815,332,144

15,495,03815,332,144

162,89415,495,03815,332,144

162, 89415,495,03815,332,144

162,894

15,495,03815,332,490

162,548

2,180,457,6602,062,530,045

117,927,6152, 277,156,2002,134,883,895

142,272,3052,383,521,0602,257,861,600

125, 659,4602. 530,964,7402, 399,196,590

131,768,1502, 685,116,7002,544,935,255

140,181,4452, 839,923,8002,692,170,185

147,753, 6152,986,182,6202, 836, 525,360

149,657,2603,116,207,9202,982,116,315

134,091,6053,257,207,4003,116,801,545

140,405,8553,400,781,3603, 255,076,040

145,705,3203, 555,675, 5603, 405,149,520

150, 526,040

3,671,900,4603,552, 259,160

119,641,300

35,161,9351,630

35,160,305

3,499,038,4403,208,165,630

290,872,8103, 652,918,8903,370? 458, 290

282,460, 6003,863,905,0003,558,475,410

305,429, 5904,141,546,9703, 826V 073,620

315, 473,3504, 395,016, 9704,072,078,350

322,938, 6204,647,494,4604,323,779,650

323,714,8104, 894,019,3904, 568, 745,090

325,274,3005,114,836, 5804,815,862,380

298,974,2005,340,485,1005,049,077,890

291,407, 2105,561,933,1205, 275, 212,710

286, 720,4105, 797,444,5205, 516,163, 930

281,280, 590

5,973,600,3405, 738,693,680

234,906,660

49,772,020560

49,771,460

2,046, 661,7601,798,100,720

248,561,0402,134, 771,8201,900, 338,700

234,433,1202,256, 285,5202,012,790,440

243,445,0802,415, 643,6702,173, 273,160

242, 370, 5102, 561, 245,3502,312,253,700

248,991,6502, 705, 631, 6302,456, 824, 520

248,807,1102, 847,074,7902,599,117,260

247,957,5302,975,540,2502,743,128,860

232,411,3903,105, 239,6102,880,562,880

224,676,7303, 229,043,1703,003, 520,200

225, 522, 9703,363,413,0403,139, 679, 780

223, 733,260

3,464,377,8003, 270,181, 590

194,196, 210

18, 571,160

"18," 571," 160"

300.579,200270; 694, 80029,884,400

311,156,350280, 299,90030,856,450

321,370,45029i, 508,45029,862,000

332, 564,950304,103,200

28,461, 750342, 216,050315,487,700

26,728,350353,112,650325,072,850

28,039,800362,802,750335, 219,00027,583,750

370,484,550345,017,800

25,466,750378,354,750354,890,85023,463,900

388,738,350363,835, 500

24,902,850399, 609,450374,357,700

25, 251, 750

410,619,750385,120,800

25,498,950

1,496,4501,000

1,495,450

427, 777,200393, 559,50034,217,700

435, 249,100402,042, 300

33, 206,800442, 267,100411, 724,40030,542,700

449,880, 500421,019,300

28, 861, 200456,449,900429,753, 200

26,696, 700463,738, 500436,442, 500

27, 296,000470,320,400443,579,00026,741,400

475,441, 600450,454,100

24,987,500480,688,400457,586,000

23,102,400487, 610,800464,120,600

23,490, 200494, 877,700471,314,100

23, 563,600

502, 217,900478, 588, 00023,629,900

875,7001,000

874, 700

12,289,50012,201, 500

88,00012, 289, 50012.201, 500

88,00012, 289,50012.202, 000

87,50012,289,50012,202,000

87,50012, 289, 50012,202,000

87, 50012,289, 50012, 202,000

87, 50012, 289, 50012, 202, 000

87,50012,289, 50012,202,000

87,50012,289,50012,202,000

87,50012, 289, 50012,202,000

87,50012,289,50012, 202,000

87,500

12,289,50012,202, 000

87,500

7,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433, 000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433, 000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,0007,454,0007,433,000

21,000

7,454,0007,433,000

21,000

8,512,922,4757,790,844,446

722,078,0298,869,660, 5758,145,816,836

723,843, 7399,325,707,3458, 590,154,821

735, 552, 5249,929,009,0459,181,460,551

747, 548,49410,498,453,1859, 732,302,886

766,150, 29911,068,309, 25510, 292,084,386

776,224,86911, 618,808,16510,840,981,084

777, 827,08112,110,919,11511,394,374,829

716,544,28612, 620,383,47511,916, 714, 539

703,668,93613,126,515,01512,419, 560,424

706,954, 59113, 669,428,48512,964,460,404

704,968,081

14,081,124,46513,482, 639,491

598,484,974

105,877, 2654,190

105, 873, 075

260,155,140

356, 738,100

"456,"046,"770

603,301,700

569,"444,"l46

569, 856,070

550,498,910

492,110,950

509,464,360

506,"l3l,"540

542,"9l3,"470

411,695,980

105,877,265

OO

O

a3

NOTE 1.—First issue Dec. 21,1863; first redemption Apr. 5,1865. NOTE 2.—Gold notes included since 1915. N O T E 3.—Fractions and nonassorted notes not included.


REPORT OP THE COMPTROLLER OF THE CURRENCY 275TABLE NO. 27.—National bank currency issued to banks monthly from November 1,

1928, to October 81, 1929, and since 1863

Issued onaccount of

redemptionsIssued on

bonds Total issuedGrand totalissued since

1863


1929JanuaryFebruaryMarchAprilMay _June___JulyAugust. _ __.September. __October

Total

$40,611,33039,949,410

46,512. 75041,743,92047,652, 55028,956,00022,485,48022, 284, 57041,086,22067,836,85547,167, 49043,422,550

$1, 335, 370996, 500

1, 392, 5001, 236, 5904,164, 2403,108,3502, 612, 3202,965,9801,118, 6202, 527,8403, 635, 7202, 770, 310

$41,946, 70040, 945, 910

47, 905, 25042,980, 51051,816, 79032,064,35025,097.80025, 250,55042, 204,84070,364,69550, 803, 21046,192, 860

$13,711,375,18513, 752,321,095

13,800,226,34513,843, 206,85513,895,023, 64513,927,087,99513.952,185, 79513, 977,436,34514,019,641,18514,090,005,88014,140,809,09014,187,001,950

489,709,125 27,864, 340 517, 573, 465

TABLE NO. 28.—National-bank notes received monthly for redemption during yearended October 31, 1929 l

Month


1929JanuaryFebruary. .March „April—May___June____July___August.SeptemberOctober

Total __Received from June 20,1874, to Oct. 31,

1928 :

Grand total,

Received by the Comptroller of the Currency

From nationalbanks in con-nection withreduction ofcirculation

and replace-ment withnew notes

$1, 3507,250

65017, 5008,5503,300.5, 6001,4309,8008,0501,8275,740

71, 047

58, 800, 893

58,871,940

From the redemption agency

For replace-ment withnew notes

$39, 973,45040, 511,110

47, 347, 23043, 277,00045, 733,98027,087,16022,921,17022, 617, 25346, 458, 38076,477, 36043, 840, 54035,058, 520

491, 303,153

11, 005, 319, 222

11, 496, 622, 375

Retirementaccount

$1, 943,5951, 825, 960

2, 061, 2802, 080, 8902, 282, 5001, 563, 7001, 276, 3861, 317, 3592,560/6693, 399,1553, 52i; 8902,189, 300

26, 022, 684

1, 741, 946, 917

1, 767, 969, 601

Total

$41, 918,39542, 344, 320

49,409,16045, 375,39048,025,03028,654,16024, 203,15623, 936,04249,028,84979,884,56547,364, 25737, 253,560

517, 396, 884

12, 806, 067,033

13, 323,463,917

i Notes of gold banks not included in this table.



TABLE NO. 29.—National-bank notes received at currency bureau and destroyedyearly since establishment of the system

Date

Pr io r to N o v . 1, 1865D u r i n g t h e year ended Oct . 31—

1866186718681869. .187018711872 _18731874.187518761877_18781879 .188018811882 _____ __1883188418851886188718881889 __18901891189218931894189518961897189818991900 ____1901

Amount

$175,490

1,050, 3823,401,4234, 602, 8258, 603, 729

14, 305, 68924, 344,04730, 211, 72036,433,17149,939, 741

137, 697, 69698, 672, 71676,918, 96357,381, 24941,101,83035, 539, 66054,941,13074,917, 61182,913, 76693,178,41891,048, 72359,989, 81047, 726, 08359, 568, 52552, 207, 62744,447,46745,981,96343, 885, 31944,895,46662,835, 39546,997, 52753, 613, 81183,159,97366, 683, 46759, 988, 30371,065, 96890, 848,100

Date

During the year ended Oct.31—Con.1902. __1903190419051906190719081909 _ _19101911191219131914191519161917 _ _19181919192019211922 _ _ _ _1923192419251926192719281929

TotalAdditional amount of insolvent and

liquidating national-bank notesdestroyed

Gold notes _

Grand total_ _

Amount

$107, 222, 495140, 306, 990167,118,135195,194, 785191,102,985197, 932, 847231,128,140326, 622, 845359,496, 000409,835, 965428, 399,608426, 282, 840435, 904, 280362, 551,125351,374,597298,468,107236, 296, 660330,106, 555424, 542, 837570, 887, 902537,153, 570542,194, 707522. 241, 817470. 950, 865487, 254, 340475. 920, 522bli, 236, 465492,160, 200

12,187,162, 967

1, 291, 982, 4823, 390, 560

13, 482, 536, 009

In addition, $46,115 destroyed in transit.

TABLE NO. 30.—National-bank notes issued during each year 1914 to 1929, na-tional-bank notes of active, insolvent, and liquidated banks destroyed, total destruc-tions for each year, and percentage of destructions to issues

[For prior years, see annual report, 1920]

Year endedOct . 31—

191419151916191719181919192019211922192319241925 . . _1926192719281929 1

T A

$818,227,830364, 049, 710356, 300, 750325, 570,430260,155,140356, 738,100456, 046, 770603, 301, 700569, 444,140569, 856, 070550,498,910492,110, 950509,464, 360506,131, 540542, 913, 470517, 573, 245

Active banks

$435,904,280362, 551,125351,374,597298, 468,107236, 296, 660330,106, 555424, 542, 837570, 887,902537,153, 570542,194, 707522, 241, 817470, 950, 865487, 254, 340475, 920, 523517, 236, 465492,160, 200

Destroyed

Insolventand liqui-

dated banks

$20,248,418342, 807,352

59,026, 80438,901, 59520, 238, 71724,864, 63519, 794, 54020,417, 02513, 688, 63017, 586, 75026, 654, 56882,442, 85535, 085, 34226, 925, 35527, 663, 50526, 022, 684

Total

$456,150,698705,358, 657410.401,401337, 369, 702256, 535, 377354,971,190444, 337, 377591,304,927550, 842, 200559, 781, 457548, 896, 385553, 393, 720522, 339, 682502, 845, 878544,899, 970518,182, 884

Total out-standing

$1,121,468,911781, 268,793726,069, 290716, 276, 375721,471,137722, 394, 325732, 549, 629743, 288,847760, 679,187772, 606, 269774, 281, 624713, 802, 744700, 714, 532702,992, 694700,152, 454700, 328, 815

Per centdestruc-

tions,active

banks toissues

53.2799.5998.6291.6890.8392. 5393.0994.6294.3395.1494.8695.7095.6494. 0395.2795.08

Percentdestruc-tions to

issues

55.75193. 75115.18103. 6293.6199. 5C97.4398.0196.7398.2399.73

112.45102. 5299.35

100. 36100.11

i New series included.



TABLE NO. 31.—Amount, denomination, and cost of national bank currencyreceived from Bureau of Engraving and Printing, year ended October 31, 1929

OLD STYLE, 4-SUBJECT SHEETS, SERIES OF 1902

Denominations Amount Cost of paper Cost ofprinting, etc. Total cost

5,5, 5,510, 10, 10, 10...10, 10, 10, 20__.50, 50, 50, 100..

Total-_.

$102, 262, 54022,153, 360

206, 716,10014, 656, 250

$38,195. 064,137.14

30, 8&3. 39437. 93

$277, 898. 4530,100. 88

224, 700. 403,186. 27

345, 788, 250 73, 653. 52 535, 886. 00

$316, 093. 5134, 238. 02

255S 583. 793, 624. 20

609, 539. 52

N E W STYLE, 6-SUBJECT SHEET, SERIES OF 1929

5102050100

Total--

Total amount and cost of both series

$116,016,000226, 321, 080139, 705, 68014, 869, 2009, 948, 000

506,859, 960

858, 648, 210

$28,153. 2227, 400.298,475. 48360. 83120. 70

64,570. 52

138, 224.04

$159,135. 28155, 218. 5447, 907. 402, 039. 56

682. 27

304, 983. 05

900, 869. 05

$187, 288. 50182, 678.8356, 382 882, 400. 39' 802. 97

429, 553. 57

1, 039, 093. 09

TABLE NO. 32.—Vault account of currency received and issued by currency bureauduring the year and the amount on hand October 31, 1929

OLD SERIES

National bank currency in vaults at the close of business Oct. 31, 1928 __ $191,484, 780National bank currency received from Bureau of Engraving and Printing during the year

ended Oct. 31, 1929 345, 788, 250

Total to be accounted for . 537,273,030Amount issued to banks during the year $411,696,200Amount withdrawn from vaults and canceled 106,325,530

Total withdrawn 518,021,730

Amount in vaults at close of business Oct. 31,1929 __ 19, 251,300

NEW SERIES OF 1929

National bank currency in vaults at the close of business June 20, 1929National bank currency received from Bureau of Engraving and Printing during the year

ended Oct. 31, 1929 506.859,960

Total to be accounted for 506,859,960Amount issued to banks during the year $105, 877, 265Amount withdrawn from vaults and canceled _

Total withdrawn. _ _ _ 105,877,265

Amount in vaults at close of business Oct. 31, 1929 400,982,695Add "Old series" 19,251,300

Total amount in vaults __ 420,233,995

TABLE NO. 33.—Vault account of currency received and destroyed during yearended October 81, 1929

Amount in vault of redemption division of currency bureau awaiting destruction at close ofbusiness Oct. 31, 1928 $4,876,790.00

Amount received during year ended Oct. 31, 1929 _._ _ 517,396,884.00

Total - 522,273,674.00Withdrawn and destroyed during year _ 518,182,884.00

Balance on hand in vault Oct. 31, 1929 . 4,090,790.00

NOTE .—Notes of gold banks not included in this table.



TABLE NO. 34.—Amount of currency received for redemption, by months, fromJuly 1, 1928, to June 30, 1929, and counted into the cash of the National BankRedemption Agency

National-banknotes

Federalreserve bank

notesFederal reserve

notesUnited States

currency Total

1928JulyAugustSeptemberOctoberNovemberDecember

1929JanuaryFebruaryMarchAprilMayJune

Total

$45, 299, 910. 0046, 707, 560. 5043, 039, 090. 0046, 233, 947. 0041, 337, 043. 0040, 094, 000. 00

54, 304,929. 0043, 705, 612. 0041, 589, 464. 0025, 605, 222. 0024, 645, 067. 0029, 036, 394. 00

$48, 900. 0047, 040. 0028, 420. 0030, 302. 0028,148. 0045, 066. 00

41, 535. 0024, 327. 0038, 042. 0021, 860. 0031,797.0044, 994. 00

$1, 568,405. 001,473, 395. 00

• 1, 509, 320. 001, 747, 725. 001, 446, 220.001, 496, 435. 00

1, 965, 960. 001, 540, 985. 001, 936, 440. 001,908, 890. 001, 533, 850. 001,109, 565.00

$11,187. 6315, 015.1415, 843. 699, 395. 7113, 862.1214, 047. 71

15, 347. 5713, 576. 409, 658. 7212, 261. 559, 828. 538, 295. 44

$46, 928, 402. 6348, 243, 010. 6444, 592, 673. 6948, 021, 369. 7142, 825, 273.1241, 649, 548. 71

56, 327, 771. 5745, 284, 500. 4043, 573, 004. 7227, 548, 233. 5526, 220, 542. 5330,199, 248.44

481, 598, 238. 50 430, 431. 00 19, 237,190. 00 148, 320. 21 501,414,179. 71

TABLE NO. 35.—Amount of currency received by National Bank RedemptionAgency for redemption in year ended June 30, 1929, from principal cities

Boston $33,107, 366. 50New York 78,558,800.00Philadelphia 36,349,698.23Cleveland 23,983,200.00Richmond.-. __ 23,947,500.00Atlanta 13, 370, 500. 00Chicago 46,893, 307. 50St. Louis 13, 644, 241. 50Minneapolis 11,367,400.00

Kansas City $10,641,000.00Dallas 14,241,400.00San Francisco 17t 827, 680. 00Cincinnati _ 12,332,000.00Baltimore... _._ 7, 006,130. 00New Orleans 7, 628, 600. 00Other sources 150,537,622.16

Total 501,436,445.89

NOTE.—The difference of $22,266.18 between the totals shown by this table and Table No. 34 representsthe net adjustments for overs, shorts, and spurious issues found in remittances received.

The total amount of currency of all issues received by the National Bank Redemption Agency andcounted into cash from June 30, 1874, to June 30, 1929, exclusive of deductions for shortages and spuriousissues, is $18,067,828,375.69.

TABLE NO. 36.—Cost of redemption of national'bank notes during the year ended

June 30, 1929

Redeemed out of 5 per cent fund, unfit for use:Salaries . ___ _ _ _Printing, binding, and stationery._ _ __Contingent expensesExpress chargesInsurance _ _Postage

Total

Redeemed on retirement account:SalariesPrinting, binding, and stationeryContingent expenses . . . . _ . ._ _Express chargesInsurancePostage..

Total. __ _ _

Aggregate

Redeemed out of 5 per cent fund, unfit for use _Redeemed on retirement account

Total

Amount of expenses

Office TreasurerU.S .

(N. B, R. A.)

$255,840.884, 725. 313,838.13

99.9817, 403.1211,878. 24

293, 785. 66

13, 239. 78244. 54198. 62

5.17900.61614. 70

15, 203. 42

308,989. 08

Amountredeemed

$461, 898,160. 0023,903, 249. 50

485,801, 409. 50

Office Comp-troller ofCurrency

$48,967. 76685. 32442.46

18,004. 7681,694. 09

149, 794. 39

2, 534. 0835.4722.90

2, 592. 45

152, 386. 84

Rate per$1,000

$0.96034166. 74449571

5

Total

$304, 808. 645,410.634, 280. 59

99.9835, 407. 8893, 572. 33

443, 580. 05

15, 773. 86280. 01221. 52

5.17900.61614. 70

17, 795. 87

461, 375.92

Amount ofexpenses

$443, 580. 0517, 795. 87

461,375.92


KEPORT OF THE COMPTROLLER OF THE CURRENCY 279TABLE NO. 37.—Classification of Federal reserve currency redemptions, the amount

redeemed, number of notes, cost of redemption per 1,000 notes, and amount assessedupon Federal reserve banks, year ended June 80, 1929

Federal reserve notes:Received from sources other than Federal reserve banks—

SalariesPrinting, binding, and stationery. _Contingent expenses _ _

Total-Received direct from Federal reserve banks and branches, can-

celed and cut-Salaries _Printing, binding, and stationery.Contingent expenses—

OfficeTreasurerU. S. (N.B. R. A.)

$1,295.6323.9319.44

1,339.00

OfficeComp-

troller ofCurrency

50,922. 09236. 54773.16

Total . . - . _ _| 51,931.79

Federal reserve bank notes:Received from all sources—

SalariesPrinting, binding, and stationery.Contingent expensesExpress chargesInsurancePostage

TotalTotal amounts assessed against Federal reserve issues..

195.163.602.93.08

12.9463.54

278. 25

53, 549. 04

$38. 27.04.35

38.66

Total

$1,295.6323.9319.44

1, 339. 00

50,922.09236.54773.16

51,931.79

233.433.643.28.08

12.9463.54

316.91

53, 587. 70

Federal reserve notes:Received for redemption from sources other

than Federal reserve banks and branches-Received direct from Federal reserve banks

and branches, canceled and cutFederal reserve bank notes: Received from all

sources

Total

Amount indollars

$19,713,815

1, 262,953,400

443,487

Number ofnotes

1,651,960

133, 248,913

248, 830

1, 283,110, 702 135,149, 703 . 39650621

Rate per1,000 notes Assessment

$0. 81055485

.38973518

1.27360045

$1, 339. 00

51,931. 79

316.91

53, 587. 70

79003°—30



TABLE NO. 38.—Taxes assessed on national-bank circulation, years ended June 80,186/j. to 1929; cost of redemption, 1874 to 1929; and assessments for cost of plates.etc., 1883 to 1929

Year

1864-1882.1874-1882.188318S418851886188718881889189018911892189318941895189618971898

1900.1901.1902.1903.1904_.1905-1906-1907-1908..1909.1910.1911.1912.1913.1914.

1915.

1916.1917.1918.1919.1920.1921.1922.1923.1924.1925_1926.1927.1928.1929.

Semiannualduty on

circulation

$52, 253, 518. 24

3,132, 006. 733,024, 668. 242, 794, 584. 012, 592, 021. 33-2, 044, 922. 751, 616,127. 531,410,331.841, 254, 839. 651, 216,104. 721,331,287.261,443,489.691,721,095.181, 704, 007.691, 851, 676. 032, 020, 703. 651,901,817.711,991,743.311,881,922.731, 599, 221. 081, 633, 309.151, 708,819. 921, 928, 827. 492,163,882.052,509,997. 802, 806, 070. 543,090,811.723, 190, 543. 043,463, 466. 683, 567, 037. 213, 690, 313. 533, 804, 762. 293,889,733.17

* 3, 901, 541.182,977, 066. 733, 744,967. 773, 533, 631. 283,656, 895. 343,627, 060. 803, 706, 901.153, 8CG, 590. 023, 941, 461.174. 030, 336. 304, 063, 708. 323,661,819.453, 277. 512. 903, 253| 461. 973, 234, 240. 293,441,152. 95

Cost ofredemptionof notes bythe United

^tatesTreasurer

$1,971, 587.10147, 592. 27160,896. 65181,857.16168, 243. 35138,967. 00141,141.48131,190. 67107,843. 3999, 366. 52100, 593. 70103, 032. 96107,445.14100, 352. 79114,085.63125, 061. 73125,924.35121, 291. 40122,984. 76146, 236.18153, 796. 33174, 477. 62219,093.13247, 973. 26250, 924. 24233, 650. 52270, 840. 21396, 743. 15484, 093.10443, 380.12505, 735. 21517,842.93529, 013. 36

498, 328.60

450,150. 22420,100. 42412, 785.92528, 424. 24974,058.11

1,115,146.002 594,168. 70514,598.55527, 979. 90459, 790. 43494, 470. 91467,411.42465, 080.16461, 375. 92

Total- . . 184,092,011.58 17,177,186.91 1,170,599

Assess-ment forcost ofplates,

newbanks

$25,98018, 84513,15014,81018, 85014,10012,20024,17518, 57515, 70014, 2254,0504,9505, 4503,0505, 2758,20029,20085, 97543, 20054, 47545,50047, 825,54,15076, 27548,45031, 47555,12527, 87522, 74028, 56011, 560

16, 660

10, 0859, 20016, 77015, 60031,85031,07018, 24423, 46418, 75612, 68222,94822, 61820, 89015,792

Assess-ment for

cost ofplates,

extendedbanks

$34,1201,950

97,80024, 825

1, 7503,900

575725

7,2008,1005,2004, 3756,8753, 7501,7001, 7752, 85015, 05013, 50014,42540, 32512,60064,80031,45012, 97510. 02510,80017, 50022, 37528,19019, 8058, 500

13, 855

9,7006,00011,12015, 34028,99082,16052, 7805, 8503, 5564,456

763, 597

Assess-ment for

cost ofplates,addi-tionalor du-plicate

$4,1306,9756,300

11,175

3,4206,4609,1007, 590

20, 77012,67017,22625, 26231, 3884,404

30, 56437, 92421, 72817, 914

Assess-ment foraddingsigna-tures

to plates,etc.

$493.00841. 00773. 00591. 00

1, 610. 001,110. 001, 229. 891, 322. 30

275, 000 7,970.19 203, 486, 364. 68

Total

$52,253, 518. 241,971, 587.103,339, 699.003, 206, 359.893,087,391.172, 799, 899. 682, 204,489. 751, 775, 269. 011,554, 297. 511, 387, 583. 041,341,246.241,455, 680. 961,565, 947. 651,836,965. 321,816,185.481,974,961. 662,150, 515. 382,034, 792. 062,124, 084. 712,049,157. 491,844, 932. 261,844, 730. 481, 978, 097. 542, 206, 020. 622, 524, 480. 312,846, 522. 043,128,971. 063, 420,126. 933, 629, 561.193,970,184. 784, 060, 667. 334, 251,108. 744, 377,945. 224,445,106.537,418,626. 51

4,218,322.993,975, 451. 704,106, 671. 264.194, 015. 044, 762, 569. 265, 047, 636. 024, 624, 372. 874, 600, 351. 854,646,161. 224,143, 742. 883,827,105. 813, 782, 525. 393, 743,168. 343, 937, 557.17

JTax collected on additional circulation under act May 30, 1908.2Average cost per $1,000 for national-bank notes redeemed in 1924, $0.96; in 1925, $0.83; in 1926, $0.94;

in 1927, $0.93; in 1928, $0.86; and in 1929, $0.95.

Reduced-size notes, series of 1929:Assessment for cost of logotypes, new banks . . _ $3,930.00Assessment for changing signatures on logotypes, etc 54.00

Total -_ 3,984.00


EEPOKT OF THE COMPTROLLER OF THE CURRENCY 281

TABLE NO. 39.—Federal Reserve notes outstanding according to weekly statements{amount issued by Federal reserve agents to Federal reserve banks, less "unfit"notes redeemed), and collateral security therefor, from November 7, 1928, to Octo-ber SO, 1929


DateFederal re-serve notesoutstanding

Collateral security

Gold Eligible paper

Excess col-lateral

Nov. 7-.Nov. 14..Nov. 21..Nov. 28..Dec. 5 . . .Dec. 12..Dec. 19_.DUG. 26..

Jan. 2 . . .Jan. 9___Jan.16 . .Jan .23 . .Jan. 30. _Feb. 6___Feb. 13..Feb. 20__Febi 27_.Mar. 6__.Mar. 13..Mar. 20..Mar. 27..Apr. 3___Apr. 10..Apr. 17..Apr. 24..May 1__.May 8__Mav 15..May 22..May 29-.June 5__.June 12..June 19 _.June 26..July 3._.July 10—July 17-July 24..July 31. .Aug. 7__Aug. 14 _.Aug. 21 _.Aug. 28..Sept. 4__Sept. 11..Sept. 18.Sept. 25.Oct. 2 . . .Oct. 9 . . .Oct. 16—Oct. 23..Oct. 30..

1928

1929

2, 092, 9642,100, 0962,106, 5302,127, 5692,181, 3192, 242, 8252, 287, 4422, 324, 837

2, 279, 2922, 242, 6522,181, 9552,123,4502, 079,1662, 064, 0142, 054, 2252, 050, 7662, 056, 3542, 067, 2022, 049, 2412, 049, 5162, 050, 7472, 063, 6062, 073, 2812, 068, 0412, 061, 6522, 058,1272, 080, 8842, 064, 9232, 066, 0642, 073,8182, 084, 5422,113, 4312,143, 5642,191, 2972, 260, 0782, 359, 5322, 395,1122, 365, 6372, 339, 9112, 338, 7792, 342, 2802, 326. 3832, 32i; 8282. 356, 5892, 356, 9702, 327, 7172, 302, 3462, 311,4822, 313, 2232, 322,1302, 311, 3612, 329, 300

1,134, 9891,172,0751,125, 0951,148, 0311,150, 0801,172, 2961, 268, 6451,171, 408

1, 233, 3321, 219,1661,196, 4171, 223, 3921, 207, 7931,192, 6651, 214, 4251, 207,1991,167, 6301,183, 9101, 213, 4071,300, 8761, 271,1041, 235. 2371, 275, 4281, 288, 0601, 279, 9011, 317, 4491, 309, 9051, 329,1171, 318, 5511, 315,1811, 303, 5551, 318, 7821, 367, 5811, 372, 4411, 380,1121,439, 4921,494, 3741, 504, 9831, 479, 4991, 485, 8221, 553, 8211, 561, 5631, 565, 1631, 540, 6691, 560, 8991, 546, 5551, 529, 3451, 541, 3451, 506, 7351,547,5261, 546, 5261, 543, 841

1,356, 7161, 277,0311, 250, 5371,417, 0621,444, 6841,443,8421,350, 8021, 588,168

1, 562, 3511,314, 8531, 262, 0341,197, 4491, 217, 9571, 220,0381, 244,9871,175, 6061, 240,4091, 256,9751,183, 2731,130,6761,178,8761,150, 7671,074,1281,085,9271, 070, 9051,106, 8911, 076,9611, 017, 200999,891

1,057, 8531, 050, 6311, 010, 8921, 015, 4611, 063,4461,164, 3301,170,4451,104,6511, 079, 0061,102, 2951,096,4771, 068, 6111,062, 8531, 058, 8681,144,1051,113,6381,091, 2971,123, 8541,178, 9361,116, 5341,143, 0471, 083,1251, 275, 869

398, 741349, 010269,102437, 524413,445373, 313332, 005434, 739

516, 391291, 367276,496297,391346,584

405,187332,039351,685373,683347, 439382, 036399,233322, 398276, 275305, 946289,154366, 213305, 982281, 394252, 378299, 216269, 644216, 243239,478244, 590284, 364250,405203,913218, 352241, 883243, 520280,152298, 033302, 203328,185317, 567310,135350, 853408, 799310, 046368,443318, 290490, 410


TABLE NO. 40.—Federal reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed sinceorganization of the banks, with the balance in vaults and amount outstanding October 81, 1929

VAULT BALANCE OCTOBER 31, 1929, 1914-1918 SERIES

Total printed . .Total shipped and canceled

Total on hand

Fives

$5,370,100,0005, 321, 360, 000

48, 740, 000

Tens

$5,978,520, 0005, 974, 400, 000

4,120, 000

Twenties

$6,092, 240, 0006,032, 000,000

60,240, 000

Fifties

$1,283,800,0001, 245,800,000

38,000, 000

One hundreds

$884,400, 000856,800, 000

27, 600, 000

Five hun-dreds

$173,000,000132, 200, 000

40, 800, 000

One thou-sands

$333, 600,000274, 800, 000

58,800,000

Five thou-sands

$108,000,00076, 000, 000

32, 000,000

Ten thou-sands

$184,000,000184,000, 000

Total

$20,407.660,00020,097, 360,000

310, 300,000

VAULT BALANCE OCTOBER 31, 1929, 1928 SERIES

Total printed.Total shipped and canceled

Total on hand

$852, 540, 000443, 660, 000

408,880, 000

$1, 024, 680, 000610, 200, 000

414,480, 000

$1,038, 720, 000556, 000, 000

482, 720, 000

$236,400,000114,400,000

122, 000,000

$33, 600, 00030,000, 000

3,600,000

$3,185,940, 0001,754,260,000

1, 431, 680,000

Total printedTotal shipped and canceled

Total on hand..

$6, 222, 640, 0005, 765, 020, 000

457, 620, 000

COMBINED

$7, 003, 200, 0006, 584, 600, 000

418, 600, 000

VAULT BALANCE OCTOBER 31, 1929, BOTH SERIES

$7,130, 960, 0006, 588, 000, 000

542, 960, 000

$1, 520, 200, 0001, 360, 200, 000

160,000,000

$918,000, 000886, 800,000

31, 200, 000

$173, 000, 000132, 200, 000

40,800, 000

$333, 600, 000274, 800, 000

58,800, 000

$108,000, 00076, 000, 000

32, 000, 000

$184, 000, 000184, 000, 000

$23, 593, 600,00021,851, 620, 000

1, 741, 980,000

Total issuedTotal retired _

Total outstanding

ISSUED, R E T I R E D , AND OUTSTANDING

$6, 026,487, 2505, 802,124, 225

224, 363, 025

$6, 962,927, 0406, 619,656, 230

343, 270,810

$7,083,453,0406, 628,049,960

455, 403, 080

$1,450, 610,0501, 309, 845, 300

140, 764,750

OCTOBER 31

$1,071,862,800910,708,900

161,153,900

, 1929, 1914-1918 SERIES

$160, 062,500124,570, 000

35, 492, 500

$397, 940,000324,725, 000

73, 215, 000

$47,975, 00043, 050, 000

4,925, 000

$90,600, 00081, 660, 000

8,940, 000

$23,291,917, 68021, 844,389, 615

1,447, 528,065

ISSUED, RETIRED, AND OUTSTANDING OCTOBER 31, 1929, 1928 SERIES

Total issuedTotal retired .

Total outstanding

$242, 945, 0602,873,500

240, 071,560

$389, 350.1202,496; 000

386,854,120

$250,900,2402, 688,500

248, 211, 740

$31,580,00037,000

31, 543,000

$8,950, 000

8,950,000

$923, 725,4208,095, 000

915, 630,420

tooofcO

o

o•3

oS

o

HWO

a0

3o


COMBINED—ISSUED, BETIRED, AND OUTSTANDING OCTOBER 31, 1929, BOTH SERIES

Total issued...Total retired

Total outstanding.

$6, 269,432, 3105, 804,997, 725

464,434, 585

$7, 352,277,160 |$7, 334, 353,2806, 622,152, 230 6, 630, 738,460

730,124, £ 703, 614,820

$1, 482,190, 0501, 309, 882, 300

$1, 080,812, 800 $160, 062, 500

172,307, 750

910.. 708,900 124, 570, 000

170,103,900 35,492,500

$397, 940, 000324, 725, 000

73, 215, 000

$47, 975. 00043, 050, 000

4,925, 000

$90, 600, 000 $24,215, 643,10081, 660, 000

8, 940, 000

21,852,484, 615

2, 363,158,485

MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON HANDIN VAULT OCTOBER 31, 1929, 1914-1918 SERIES

Boston. _.New YorkPhiladelphia...ClevelandRichmondAtlanta __ChicagoSt. LouisMinneapolis-_.Kansas City. _.DallasSan Francisco..CanceledTotal receivedTotal destroyed

Balance on hand.

$443,353,1401, 352, 086, 265493,371, 285343, 716, 620221, 805, 665248,152,465777,112, 345202,746,050136, 349,050211,150, 500134, 097,170418, 224, 920

4, 982,165,4754, 952,789, 225

29,376, 250

$680,259,1801, 653, 792, 260541,734, 510414, 729,420259, 616, 000280, 337, 790789,143, 660206,167,700129,046, 570154,446, 510119,413, 820370, 297,160

5, 598,984,5905,570,139,140

28, 845, 450

$496, 045,5401,034, 914, 060565,461,900723, 705, 620316, 970, 600283, 038,620856, 013, 740201, 358, 880109,185,160167, 631,160123, 308,520612,175,520

5,489,809, 3205, 468, 645,920

21,163,400

$46,895, 300215,246, 900163,992, 600268,924,10075, 248, 70033, 987, 500181,814, 90023,428, 5505, 861, 25016, 678,4509,210, 70051,764,200

1, 093, 053,1501, 089,843, 950

3,209,200

$59,248, 700246,549,40054,301,70054,151,90034,319,80033, 223, 90063, 644,50013,799,4008, 089, 00019,599, 2009,477, 40081,139, 300

677,544, 200675, 355,800

2,188,400

$4,479, 50043, 807, 0001,957, 5005, 300, 500463, 500

7, 737, 0008, 936, 0001, 483, 000643, 000

1,84.3, 000842,500

4. 875,500

82,368,00081, 934, 500

$14,639, 00098, 615, 0009,149, 0006,709, 0005,744,00022, 584, 00011, 387, 0002,826, 0001,092, 0002,343,0001, 574, 00012,129, 000

188, 791,000187, 625, 000

433,500 1,166,000

$420, 000795, 000

200, 00010,000

130, 000155,000

4, 965, 00040, 000, 000

46, 675, 00048, 675, 000

$860, 0002, 770, 000

370, 000310, 000

490, 000

10,510, 000128, 000, 000

143, 310, 000143, 310, 000

$1, 746, 200, 3704, 648, 575,8851, 829, 968,4951,817,807,160914,488,265909, 061, 275

2, 688,182,145652,454, 580390, 266, 030573, 691,820397, 924,110

1,566,080, 600168, 000,000

18,302,700,73518, 216, 318,535

86, 382, 200

oog

IMUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED

HAND IN VAULT OCTOBER 31, 1929, 1928 SERIES

BostoDNew YorkPhiladelphia.ClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallas . _San FranciscoTotal received . . .Total destroyed

Balance on hand

$40,00090, 500

59,00054,000

174, 00037,000

5,00025,000

484, 500457, 500

27,000

$60,000

28, 00035,000

162, 00018,000

3,0009,000

315, 000300, 000

15,000

$20, 000

16,50016,00040,0002,000

2,000

96,50094,500

2,000

$2, 00011

j

35, 000

!

37, 00037, 000

3INCE ORGANIZATION OF BANKS AND ON

$122, 00090,500

103, 500105, 000411,00057,000

8,00036,000

933, 000889, 000

44, 000

d

bo00CO


TABLE NO. 40.—Federal reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed sinceorganization of the banks, with the balance in vaults and amount outstanding October 31, 1929—Continued

COMBINED MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKSAND ON HAND IN VAULT OCTOBER 31, 1929, BOTH SERIES

Total receivedTotal destroyed

Balance on hand.

Fives

$4, 982, 649, 9754, 953, 246, 725

29, 403, 250

Tens

$5,599,299,5905, 570, 439,140

28, 860, 450

Twenties

$5, 489, 905,8205, 468,740, 420

21,165, 400

Fifties

$1, 093, 090,1501, 089, 880,950

3, 209, 200

One hundreds

$677,544, 200675, 355, 800

2,188, 400

Five hun-dreds

$82,368, 00081, 934, 500

433, 500

One thou-sands

$188, 791, 000187,625, 000

1,166,00Q

Five thou-sands

$46.675,00046, 675, 000

Ten thou-sands

$143,310,000143, 310, 000

Total

$18, 303, 633, 73518, 217, 207, 535

86, 426, 200

NOTE.—During the year, badly mutilated, burned, and fractional parts of Federal reserve notes amounting to $20,425—old series, $20,170; new series, $255—have been identified,valued, and the bank of issue determined.

TABLE NO. 41.—Aggregate amount of Federal reserve bank notes printed, issued, canceled, and redeemed, by denominations, since the inaugu-ration of the Federal reserve system, and amount on hand and outstanding October 31, 1929

VAULT BALANCE OCTOBER 31, 1929

Total printedTotal issued and canceled

Ones

$478,892,000478,892,000

Twos

$136,232, 000136,232,000

Fives

$132, 500, 000132, 500, 000

Tens

$24,040, 00024,040, 000

Twenties

$14, 080,00014, 080, 000

Fifties

$2,600,0002,600,000

Total

$788,344, 000788,344, 000

ISSUED, REDEEMED, AND OUTSTANDING OCTOBER 31, 1929

Total issued _ _Total redeemed

Total outstanding. __ _.

$478, 892,000476,817,066

2, 074, 934

$135,192, 000134,552, 208

639, 792

$121, 460, 000120, 971, 410

488,590

$16, 440, 00016, 296,995

143, 005

$9, 760, 0009, 563, 470

196, 530

$200, 000184, 950

15,050

$761,944, 000758,386,099

3, 557,901

to9?

I

a


TABLE NO, 42.—Taxes assessed on Federal reserve bank currency, cost of redemption, and cost of plates for years ended June 80. 1915 to 1929

1915 '" . .191619171918 _ .1919 . . _192019211922 _ .1923 _192419251926. _ . .1 0 2 7 . . . .19281929 „ _ . , .

Total

Semiannualtaxes on cir-

culation

Cost of re-demption ofnotes by the

United StatesTreasurer

$2,325.18 i3,590.86

38, 750.70463,195. 96

1, 028, 344. 7G947, 405. 00445. 944.01113', 837.32

2,890.88

. .3, 041, 284. 67

$947.932,353.41

34, 419. 62263, 616. 78243,517.97145, 890. 53

53, Oil. 0811, 310. 864, 561.173,090.092, 620.84

403. 48316.91

Assessment forcost of original

plates

$1,800.002,200.00

23,810,66390. 00

766,030.67 1 28, 200.00

Assessment forcost of addi-

tional or dupli-cate plates

$540.00720.00180.00

138, 530.0088, 270.00

136,570.002,140.00

366,950.00

Total

$1, 800.005,065.185, 258. 79

41,284.11659, 955. 58

1, 376, 621. 541.327,492.97' 593,974.54

166,848.4014,201.744, 561.1.73,090.092, 620.84

403.48316.91

4,202,495.34

2§

o

H3

c

toGO


TABLE NO. 43.—National banks in charge of receivers during year ended October 31, 1929', capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension

to00


Organization

Char-terNo.

Date Capital

Total divi-dends paid

during exist-ence as anationalbanking

association

Failures

Capital Receiverappointed

Appar-ent

causeof

failure

Lawfulmoney

deposited

Circulationoutstanding

at date offailure

Totaldeposits atdate of sus-

pension

O

o

i3

Farmers & Drovers National Bank, Waynes-burg, Pa

First National Bank, Billings, MontFirst National Bank, Sutton, W. Va. _.First National Bank, Uniontown, Pa_First National Bank, Eureka, S. DakFirst National Bank, Hearne, Tex__ __First National Bank, Gridley, Calif. _First National Bank of Ranger, TexCorn Belt National Bank of Scotland, S. Dak.First National Bank of Arabia, IndFirst National Bank of Bridgeport, NebrBannock National Bank of Pocatello, Idaho-First National Bank, Vale, OregStillwater Valley National Bank, Absarokee,

MontNational City Bank, Salt Lake City, Utah—State National Bank, Ardmore, OklaCorydon National Bank, Corydou, IndFirst National Bank, Oak Grove, La.__First National Bank, Ingomar, MontAmerican National Bank, Billings, Mont jMerchants National Bank, Wimbledon, N.

DakFirst National Bank, Mountainair, N. Mex._)Commercial National Bank, Great Falls, |

MontSterling National Bank, Sterling, ColoPayette National Bank, Payette, IdahoCitizens National Bank.. Laurel, MontFirst National Bank, Broadview, MontCommercial National Bank, Wilmington,

N. C_ „_'First National Bank, Winner, S. Dak

30976213270

115274976111648072110319510971163478528

1106610308103947760116501146511696

891711329

10530119728075871610809

1217611119

Jan. 30,1865Dec. 3,1883Apr. 7,1902Jan. 2,1864Nov. 18,1919July 5,1894Mar. 14,1918Jan. 26,1906May 28,1917July 30,1909Feb. 23,1910July 15,1902Jan. 14,1907

Aug. 11,1917Nov. 19,1912May 6,1913May 23,1905Mar. 2,1920Aug. 16,1919Apr. 5,1920

Sept. 17,1907Apr. 3,1919

Apr. 20,1914May 2,1921Jan. 9,1906May 3,1907Nov. 26,1915

Apr. 17,1922Dec. 15,1917

$150,00075,00035,00060,00050,00050,00040,00025, 00025, 00025,00025,00050,00025,000

25,000250,000100,000125,00050,00025,000150,000

30,00030,000

200,000150, 00050,00035,00025,000

200,00030,000

$597, 750. 00321, 350. 0031, 500.00

1,308,000. 007, 500.00

178,000.00

50,250. 001, 750. 00

11, 250. 0021, 500. 0049,000. 0020,000. 00

14,000. 00122, 500. 0070,000. 00

216,250. 00

2, 500. 00

15,000. 004,500.00

106,000.00

76,750.007,700.0011,500.00

9,000.00

$200,000150, 00050, 000100,00050,00050,00040,000200,00025,00025,00025,000100,00050,000

25,000250,000200, 000125, 00050,00025,000150, 000

25,00030,000

200,000150, 00075,00035,00025,000

200,00030,000

Dec. 12,1906July 2,1910Aug. 29,1914Jan. 19,1915Aug. 20,1920Jan. 21,1921Jan. 29,1921Mar. 2,1921Mar. 28,1921Apr. 5,1921M a y 18,1921June 11,1921Nov. 15,1921

Jan. 30,1922Feb. 3,1922Mar. 4,1922Mar. 8,1922M a y 13,1922Aug. 14,1922Sept. 23,1922

Oct. 27,1922Nov. 2,1922

Dec. 9,1922Dec. 11,1922Dec. 13,1922Jan. 4,1923Jan. 30,1923

' Jan. 31,1923__do_

AABABCCBCABACCC

CcABCCAAC

CC

BCCAC

cAC

A

$100,000.0037,500.0050,000.00100, 000. 00

10,900. 0036,000. 0022,400. 00

24, 600. 0020,600. 0011,700. 0011,600. 00

243,300. 0099,995. 00125,000. 00

10,000.00

177,600.00

71,700.0033,900.00

$100, 000. 0037, 500. 0050,000. 00100,000. 00

10.900.0036; 000.0022,400. 00

24,600. 0020, 600. 0011, 700.0011,600. 00

243,300.0099,995. 00125,000. 00

10,000. 00

177,600.00

71, 700.0033,900.00

91,500.0018,400.00

91,500.0018,400.00

$1,047, 5801,908,841364,021

1, 452, 581823,254128, 566210,855

1, 283, 599264, 77524,796112,121842, 093122,449

170, 0371,383,447975,659984,67132,062174,230499,259

60,490205,020

1,067,638475,881201, 514215,80774,657

1, 991,806186,104


First National Bank, Wessington Springs,S. Dak

First National Bank, Harlowton, MontFirst National Bank Eoundup, MontFirst National Bank, Gregory, S. DakLlano National Bank, Llano, TexFirst National Bank, Hock River, WyoFirst National Bank, Joseph, OregPeoples National Bank, Salisbury, N. OFirst National Bank, Sapulpa, OklaHoward National Bank, Howard, S. Dak___First National Bank, Wells, MinnFirst National Bank, Mitchell, S. DakCavalier County National Bank, Langdon,

N. DakAmerican National Bank, Three Forks,

Mont .Lehigh National Bank, Lehigh, OklaCity National Bank, Coalgate, OklaFirst National Bank, Grey Eagle, MinnFirst National Bank, Fairview, MontUnion National Bank, Beloit, KansTexas County National Bank, Guyrnon,

OklaNational Bank of Barnesville, Ohio ,Citizens National Bank, Roswell, N. Mex___First National Bank, Lancaster, MinnFirst National Bank, Turtle Lake, N. Dak._.First National Bank, Forsyth, MontCondon National Bank, Condon, OregFirst National Bank, Moore, MontMerchants National Bank, Man dan, N. Dak-First National Bank, Webster, S. DakSioux Falls National Bank, Sioux Falls, S.

DakFirst National Bank, Beach, N. DakNational Bank of Carlsbad, N. MexDakota National Bank, Dickinson, N. Dak_.First National Bank, St. John, WashFirst National Bank, Warroad, MinnFirst National Bank, Brookings, S. DakFirst National Bank, Ronan, MontFirst National Bank, Clarkston, Wash _First National Bank, Carthage, S. DakFirst National Bank, Onida, S. DakCommercial National Bank, Miles City,

Mont ,_Nowata National Bank, Nowata, Okla „First National Bank, Castlewood, S. Dak.._First National Bank, Sidney, MontStockmens National Bank, Fort Benton,Mont _ |

84469270916586005853113428048907659511078046692645

9075

109965755116768729120156701

1217966216777113568821732082618539106046502

2823

76631117211815

67421083311585

5015636760009904

4194

Sept.Oct.MayFeb.JuneApr.Dec.Mar.Aug.Aug.Dec.Feb.

25,190227,190822,190822.19075,1901

24,191911,190510.190819,190113,191512,18918,1882

Jan. 28,1908

Apr. 30,1917Feb. 14,1901Mar. 10,1920May 28,1907Aug. 26,1921Mar. 24,1903

Mar.Jan.Apr.MayJuneJuneMar.Jan.Aug.Nov.

Nov.MayJulyMar.Mar.Aug.Nov.Aug.Mar.Mar.Jan.

21,192229,190320.190314,19198,1907

10.190426.19067,1907

24,191419,1902

14,1882

8,19034,190511,19184,192015,188331,191016,190320,191617,1920

Aug. 15,1895July 23,1902Oct. 2,1901Dec. 23,1907

Dec. 24,1889

25,00050, 00025,00025,00025,00025,00025,000100,00025,00025,00050,00050,000

25,000

40,00025,00050,00025,00040, 00025,000

25,000100,00050,00025,00025,00050, 00050,00050,00050, 00025, 000

50r 00025, 00030, 00050.00040, 00025,00050,00025,00025, 00025, 00025, 000

80, 00025, 00025, 00025,000

100,000

75, 250. 0018, 500. 0034, 750. 0089, 490. 00

105, 000. 00

32, 000. 00136, 000.00177, 550. 00

2, 500.00213, 750. 00167, 500.00

52,000.00

4,000.0099, 250.00

38, 650.00

149,875.00

5,000.00133,000.00373, 500.005,000.00

30,125.00136, 500.0012, 500.0022,750.005,000.00

32, 500.00

240, 500.0052, 500. 00142, 900. 0068, 000. 0016,000. 00

270, 500. 0022, 250. 0038, 500.0023, 500. 00

277,000. 00112,000. 0042, 500. CO103, 250. 00

j802,000.00

50, 00050, 00050, 00050,00050, 00050,00025, 000100, 000100, 00025, 000100, 000100,000

25,000

25,00035,00050, 00025, 00040,00050,000

25,000100,000200,00025,00025,00075,00050,00025,00050,00025,000

150,00050, 000100, 00050,00040, 00025,000

ioo; ooo25, 00050, 00025, 00025, 000

250, 00025, 00025, 00050, 000

200, 000

Feb. 5,1923Mar. 7,1923Apr. 5,1923Apr. 12,1923._—doJune 14,1923.—.doJuly 3,1923July 30,1923Sept. 1,1923Oct. 22,1923Oct. 23,1923

Oct. 29,1923

_—doNov. 8,1923

do. . . .do. . . .doNov. 13,1923

— d o _.Nov. 14,1923Nov. 16,1923Nov. 19,1923Nov. 21,1923Dec. 18,1923

do.Dec. 20,1923Dec. 26,1923Jan. 2,1924

Jan. 24,1924. . . . .doFeb. 6,1924Feb. 7,1924

do.Feb. 9,1924

dodo.

Feb. 12,1924.....do. . . . .do _.

Feb. 15,1924Feb. 19; 1924.....doFeb. 26,1924

. . . . d o .

ACCCcAA

ACCC

ACA

AC

ACCcA

BOBBC

ACCAC

cAO

ACcccA

ABACCAA

CcAC

39, 300.0012,100.0024,400.0025,000.004,800.0013, 700.0024, 300.0092,800.0044,900.00

96,400.0099,000.00

22,900.00

11,050.00

24.000.006; 200.00

49,300.00

98, 800.00188, 200.0024, 700. 009, 700.00

33, 700.0011,800. 0024,100. 0025, 000.0024, 700.00

74, 250. 0024, 300.0011, 800.0047,100.00

98, 500. 005, 950. 00

50,000. 0025,000.0024, 700.00

98, 500.0016, 797. 5024, 600.0039,000.00

190,795.00

39,300.0012,100.0024,400.0025,000.004,800.0013,700.0024,300.0092,800.0044,900.00

96,400.0099,000.00

22,900.00

11,050.00

24,000.006, 200.00

49,300.00

98.800.0018S; 200.0024, 700.009, 700.00

33, 700. 0011, 800. 0024,100. 0025,000. 0024, 700.00

74, 250. 0024,300.0011, 800.0047,100.00

98. 500. 005,950. 00

50, 000. 0025,000. 0024, 700.00

98, 500.0016, 797. 5024; 600.0039,000.00

190,795.00

336, 320334,115487, 252176, 708271, 311158, 539141, 638893, 613688, 227143, 305745,030562, 553

353,645

63,477159,610158,72090,443146, 213545,591

173, 519877,090497,195179, 618134,961352,127121,155144,127315, 054224, 512

1, 514,456389,152446, 659176, 98698, 542159,329623,164102, 643188,453228, 933112,045

1, 588, 243459, 448164, 542395,764

467,119

Og

w

o

fcO


TABLE NO. 43.—National banks in charge of receivers during year ended October SI, 1929\ capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued

to00oo


Organization

Char-terNo.

Date Capital



association

Failures


Appar-ent

causeof

failure

Lawfulmoney

deposited


at date offailure


pension

First National Bank, Fort Sumner, N. Mex.Wells National Bank, Wells, Minn . . „ .First National Bank, Gering, NebrWestern National Bank, Mitchell, S. Dak_._.First National Bank, Coalgate, OklaFirst National Bank, Mclntosh, S. DakFirst National Bank, St. Anthony, IdahoFirst National Bank, Huron, S. DakFarmers & Merchants National Bank, Fair-

bury, Nebr _., .First National Bank, Golva, N . DakFirst National Bank, Lingle, WyoTorf ington National Bank, Torrington, Wyo.First National Bank, Poison. MontMerchants National Bank, Crookston,

Minn..First National Bank, Lake Preston, S. Dak__.First National Bank, Plenty wood, MontFirst National Bank, Sterling, ColoFirst National Bank of Fergus County, Lew-

istown, MontFirst National Bank, Alexander , N . DakFirst National Bank, Pilger, Nebr__.National Bank of Commerce, Shawnee,

Okla __ _..Citizens National Bank, Hankinson, N . Dak.First National Bank, Carlsbad, N . MexFarmers National Bank, Burlington, Kans__.Drovers National Bank, East St. Louis, 111...First National Bank, Sehuyler, NebrFirst National Bank, Morristown, S. DakCity National Bank of Huron, Huron,

S. DakCitizens National Bank, Julesburg, ColoFirst National Bank, Basin, Wyo

86176788806274555647928357642819

103401134611231113099449

326210758104385624

7274112975937

124418084548769551039927789817

8781960310858

Feb. 28,1907Apr. 6,1903Dec. 28,1905Sept. 12,1904Dec. 8,1900Oct. 16,1908Dec. 31,1900May 19,1882

Feb. 8,1913Apr. 14,1919Aug. 19,1918Feb. 3,1919Mar. 26,1909

Oct. 25,1884July 24,1915May 12,191BOct. 29,1900

May 9,1904Jan. 22,1919Aug. 2,1901

Aug. 18,1923Jan. 18,1906May 19,1900Sept. 10,1903Apr. 30,1913Sept. 4,1882May 11,1910

June 3,1907Sept. 29,1909May 15,1916

$25,00030, 00050,00050,00025,00025,00025,00050,000

60,00025,00025,00035,00025,000

75,00025,00025,00025,000

100.00025,00025,000

100,00030,00025,00025,000

200,00050,00025,000

50,00025,00025,000

$45, 500.0075,000.0059, 750.00

126, 221. 00175,850. 0032,076.84

207,625.00166,350.00

23,400.00

8,750.0026,250.00

155, 250.0022,500.0022,500.00

342,986.05

485,000.001,000.00

77,75a 00

31,900.00430,000.0081,750.0057,000.00

214, 750. 0012,500.00

44,750.0055,125. 0017,500. 00

$25,00075,00025,000

100,000100,00025,00050,00065,000

60,00025,00025,00035,00025,000

75,00025,00050,000

100,000

300,00025, 00050,000

100,00030,000100,00055,000

200>00050,00025,000

Feb. 26,1924do.do

Feb. 27,1924do—

Mar. 1,1924Mar. 4,1924Mar. 14,1924

Mar. 15,1924Mar. 18,1924Mar. 19,1924

.do.Mar. 22,1924

Mar. 24,1924Mar. 28,1924Mar. 31,1924Apr. 5,1924

Apr. 12,1924Apr. 16,1924Apr. 22,1924

Apr. 28,1924Apr. 30,1924May 14,1924May 21,1924May 22,1924May 24,1924

do.

25,00035,000

June 12,1924June 14,1924

CCAOCCccAACCC

AACC

ACCC

BCACCCA

DCC

$5,850.0074, 300. 0011, 500.0093,400.0027,300.0023,300. 0047,600. 0029,000.00

59,400.00

24,700.00

74, 200.0024, 200.006,250.00

98,300.00

124,500.0024,400.0048,600.00

100,000.0030,000.0024,597. 5049,300.00

47,200.0025,000.00

39,000.0024,000.0033,800.00

$5,850.0074,300.0011, 500.0093,400.0027,300.0023,300.0047, 600.0029,000.00

59,400.00

24, 700.00

74,200.0024,200.006,25a 00

98,300.00

124,500.0024,400.0048,600.00

100,000.0030,000.0024,597. 5049,300.00

47,200.0025,000.00

39,000.0024,000.0033,800.00

$79,155931, 958265, 790289, 727493,803103,496236,777

1,099,420

223,36350,23454,76367,468114, 786

1,170,960275,947243,877712,005

2,866,963202,272

936,087206,864361,326316,452433,685524,92298,667

164,286174,795


822

824

827830832835837839843846847850851855856857858859880

881882884868867

870872873874

877878 |879 '

8818828S4885886887888892893894895

Citizens National Bank, Worthington, ;Minn

National Bank of Commerce of Rochester,N. Y

Weiser National Bank, Weiser, Idaho.First National Bank, Cheyenne, WyoFirst National Bank, Bridgewater, S. Dak___First National Bank, Harrington, WashFirst National Bank, Eexburg, IdahoFirst National Bank, Putnam, ConnFirst National Bank, Beaver Creek, MinnFirst National Bank, Ozark, AlaFirst National Bank, Ulen, Minn._First National Bank, Alma, WisMerchants National Bank, Grinnell, Iowa—-First National Bank, Algona, IowaFirst National Bank, Boise City, OklaFirst National Bank, Allendale, S. G __First National Bank, Barnwell, S. CFirst National Bank, Center, TexFarmers National Bank, Dodge Center,

MinnFirst National Bank, Torrington, WyoParkesburg National Bank, Parkesburg, Pa . .First National Bank, Oldham, S. DakFirst National Bank, Spring Hope, N. CStockmans National Bank, Columbus, Mont-First National Bank, Alexandria, MinnFirst National Bank, Townsend, MontFirst National Bank, Rigby, IdahoFirst National Bank, Sylvester, GaFirst National Bank, Salem, S. DakJefferson County National Bank, Rigby,

Idaho "_....Neoga National Bank, Neoga, 111First National Bank, Excelsior Springs, M o . .Logan County National Bank, Sterling, Colo_First National Bank, Buena Vista, GaFirst National Bank, Hampton, GaPerry National Bank, Perry, IowaFarmers National Bank, Hempstead, Tex_._National Bank of Abbeville, S. CCommercial National Bank, Charleston, S. C.First National Bank, Quincy, FlaNational Bank of Commerce, Pierre, S. Dak-Black Hawk National Bank, Waterloo, Iowa_First National Bank, Atwater, MinnFirst National Bank, Renville, MinnFirst National Bank, Idabel, OklaFirst National Bank, Pleasantville, IowaFirst National Bank, Wapanucka, OklaFirst National Bank, Matoaka, W. Va

5910 June 7,1901

8111813918006925921071334489321762970818338295331971108411111112875971

662392892464102561143111220299599821138561805898

11458784177417973796310089101304905342110543725342796854105706583848665646950

11264

Feb.Feb.Dec.Aug.JulyJan.Mar.Jan.Feb.Dec.MayApr.MayAug.Nov.Jan.Sept.

Feb.Oct.Feb.Aug.MayJulyJuneJan.JuneMar.July

JuneJulyMayOct.Oct.JulyJan.Apr.Oct.MayMayFeb.Apr.JuneDec.Dec.Aug.Aug.Nov.

1,190619,190629,18703,190310,190819.190423,18644,190913.190512,190316.190628.188322.188430,191730.19179,191910.1901

4,19036,190827,188030,19126,191912.19189,188331,191113.191911.1902.5,1901

9,191911,19055,190511,190512.190513,19112,191215,189316, 18855, 19144, 190413,189017.190315,191419,190210.19062.19008.19017,1918

25,000

500,00050,000100,00025,00050,00050,000100,00025,00025,00025,00025,00050,00050,00025, 00050,00050,00030,000

30,00025,00050,00025,00050,00050,00060,00050,00030,00025,00025,000

50,00025,00025,00050,00025, 00030, 00050,00050, 00050, 000200, 00050, 00075, 000100.00025,00025, 00025, 00025, 00025, 00025,000

50,500.00

1, 222,500.00118, 584.67949,000.0086,750. 0046, 500. 00120, 500. 00814,000.0036, 500. 0085,737. 2242, 500. 0052, 500. 00

422, 500. 00142,750. 006,000.0020,000.007,000. 0031,000. 00

43,500.0090,000.00171,865.0031,750.009,000.00

264,600.0026,000.004,800.0049,000.00114,000.00

12,500.0017,000. 00147,000. 0070,100. 0027, 200. 0054, 250. 00133,000. 00209, 500. 00140,000. 00127,000.00139,048. 00145, 600.0031,000. 0088, 000.0099,000. 0023, 750. 0082, 250. 0016, 250. 00

25,000

1, 500,00075,000200,00025,00050,00050,000150,00030,00035,00025,00025,000100,00050,00025,00050,00050,00050,000

30,00050,00050,00025,00050,00050,00060,00050,00080,00050,00025,000

50,00025,00025, 000150,00050,00050, 00075,00050,00075, 000200, 000100, 000100, 000200,00025,00025, 00080, 00025, 00025, 00050,000

June 19,1924

June 21,1924June 23,1924July 9,1924July 18,1924Aug. 6,1924Aug. 11,1924Aug. 13,1924Sept. 20,1924Oct. 23,1924Oct. 28,1924Nov. 7,1924Nov. 12.1924Nov. 24,1924Nov. 25,1924Dec. 3,1924

dodo_


do.Jan. 8,1925

doJan. 12,1925Jan. 15,1925Jan. 16,1925

Jan. 17,1925Jan. 21,1925Jan. 24,1925Jan. 26,1925

do.

doFeb. 11,1925

doFeb. 13,1925Feb. 14,1925

.do.Feb. 18,1925Feb. 21,1925Mar. 2,1925Mar. 3, 1925

ACCCCC

ABCAAACA

ABACACB

ABC

ABCACACCCA

DABCC

cABACCAAD

BCCAACB

18, 000. 00

459,897. 5064,100.00190,600.006, 200. 0019, 200. 0050,000. 0050,000. 0025,000.0032,400. 0024,700.0024,995. 00100,000. 0049,600. 0010,000. 009, 600. 0048,800. 0048,900.00

29, 500. 006,100.00

42, 600. 0025,000.00

59,400. 0012,500. 00

29,300.0024,500.00

24,700. 6625,000.00100,000. 0048,400. 0020,000.0072, 300. 0049,197. 5016,850. 00

79, 500. 00189,800. 0010, 000. 0024, 600. 00

24, 700. 00! 5, 550. 001 50, 000. 00

18,000.00

459,897.5064,100.00190,600.006,200.0019,200.0050,000.0050,000.0025,000.0032,400.0024.700.0024,995.00100, 000. 0049,600. 0010,000.009, 600. 0048,800.0048,900.00

29, 500. 006,100. 00

42, 600. 0025,000. 00

59,400.0012,500.00

29,300.0024,500.00

24,700.0025,000. 00100,000. 0048,400. 0020, 000. 0072, 300. 0049,197. 5016, 850. 00

79, 500. 00189, 800. 0010, 000. 0024, 600. 00

24, 700. 005. 550. 0050,000.00

421,059

198,498574,356

4,498,121228,891198,499215,772

1,478,076114,075158, 618197, 067203, 589998, 975656,090136, 521185,01696, 628245,341

611,756254, 693329,404250,588264,867137,464843,23580,721

466, 51763, 269158,184

123, 243212,086508, 45281, 59733, 214645, 627177, 720413, 542

1, 003, 982348, 67]683, 098

488, 436400, 700264, 653213, 392161,142571,934

3o

to00


TABLE NO. 43.—National banks in charge of receivers during year ended October SI, 1929, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued


Organization

Char-terNo.

Date Capital



association

Failures


Appar-ent

causeof

failure

Lawfulmoney

deposited


at date offailure


pension

O

o

o

City National Bank, Clarksville, TexFirst National Bank, Montpelier, IdahoFirst National Bank, Lemmon, S. DakCommercial National Bank, Greenville, Tex.Georgia National Bank, Athens, GaOsceola National Bank, Osceola, IowaFirst National Bank, Wimbledon, N. Dak__First National Bank, Hedrick, IowaFirst National Bank, Jasper, MinnFirst National Bank of Las Vegas, East Las

Vegas, N. MexFirst National Bank, Conyers, GaHugo National Bank, Hugo, OklaFirst National Bank, Carnegie, PaBurgettstown National Bank, Burgettstown,

PaFirst National Bank, Selma, N. CFirst National Bank, Madison, S. DakFarmers National Bank, Louisburg, N. CFirst National Bank, Florence, S. CFirst National Bank, Clear Lake, S. Dak____First National Bank, Crandon, WisCity National Bank, Hugo, OklaFirst National Bank, Springer, N. MexMerchants National Bank, Detroit Lakes,

MinnFirst National Bank, St. Cloud, MinnFirst National Bank, Abercrombie, N. Dak_First National Bank, Wausa, NebrFirst National Bank, Redwood Falls, Minn.First National Bank, Lumberton, N. CFirst National Bank, Lake Park, MinnGlobe National Bank, Denver, ColoFirst National Bank, Warren, MinnFirst National Bank, Winifred, Mont

1064373819269751065256033671255406523

24361125577474762

2408107393149102609747635793871213611565

812227908419999458267398714311623586611006

Oct. 8,1914Aug. 9, 1904Oct. 16,1908Nov. 24,1904Oct. 14,1902Oct. 8,1901Feb. 7,1903Aug. 11,1900Oct. 7,1902

Aug. 25,1879Sept. 3,1918Apr. 11,1905May 16,1892

Jan.MayMar.Aug.Mar.JuneMar.Feb.Oct.

Feb.Sept.Aug.Mar.Mar.JulyFeb.Feb.MayMay

25,18797,191529,18841,1912

23,191028,190216,190910,192218,1919

9,190625,188225,190627, 191111,190121,190410,19045,192018,190117,1917

$25,00025,00025,000100,000100,00025,00025,00025,00025,000

50,00075,00050,00050,000

50,00030,00050,00050,000100,00025,00025,000100,00050,000

50,00050,00025,00050,00025,00025,00025, 000

200, 00025,00025,000

$95,000. 0075, 250. 0035, 750. 00

158, 000.00716, 000. 0015, 000. 0039, 500. 0051, 750. 0094,600. 00

506, 500. 00 I

145,100.00466, 750.00 i

444,500.00 !11,400.00 !

216,355.00 I11,000. 00167,000. 0065,000. 0049,125. 00

9, 500. 00

110, 500. 00401, 000. 0011, 750. 0087, 500. 0094, 550. 0072, 250. 0033, 500. 0066,000. 0081, 250. 008,000. 00

$200, 00050,00050,000150,000400,00025,00025,00025,00030,000

200,00075,000200,000100,000

100,00030,00050,00025,000150, 00025,00050, 000100, 00050,000

60,000250,00025, 00075,00070,00050, 0C025, 000

200, 00050,00025,000

Mar.Mar.Apr.Apr.Apr.Apr.Apr.Apr.May

9,192513,19252,19256,192517,192522,192523,192524,19251,1925

May 4,1925May 12,1925

do

May 14,1925May 16,1925May 21,1925May 22, 1925

doMay 25,1925May 29, 1925June 5,1925June 15,1925

JuneJuneJuneJulyJulyAug.Aug.Oct.Oct.Oct.

22,192524,192530,19259,192529,19254,192524,19251,192510,192515,1925

CC

cBCCACDCACCC

AACACAACACC

CACCAAAABCC

$11, 800. 0025, 000. 00149, 995. 00200, 000. 0025, 000. 0025,000. 0019, 800. 0029, 500. 00

200, 000. 0027, 700. 0024, 200. 0095,000. 00

98,400. 008, 800. 00

30, 895. 0023, 200. 00124, 000. 0025, 000. 0045, 200. 00

56, 700. 00

24,100. 0050,000. 0024, 400. 0046, 600.0025,000. 00

$11, 800. 0025, 000. 00149,995. 00200, 000. 0025,000. 0025, 000. 0019, 800. 0029, 500. 00

200, 000. 0027, 700. 0024, 200. 0095, 000. 00

98, 400. 008, 800. 0030,895. 0023, 200. 00124,000. 0025,000. 0045, 200. 00

56, 700. 00

24,100. 0050,000.0024, 400. 0046, 600. 0025,000.00

24, 600. 00 24,600. 00

$108, 596335, 821418, 423638, 350

1, 200, 239129, 258161, 727147, 483374, 936

828, 256133,181968, 533

1,448, 397

1, 698, 546181, 216399, 86176, 255

1,137, 989384,311350,144235, 854150,655

491, 4381, 682, 525224, 370511,612377,128392, 492309, 344

4,020, 485382, 77562, 483

o


First National Bank, Hallock, Minn 'First National Bank, Buffalo, MinnManilla National Bank, Manilla, IowaLoveland National Bank, Loveland, Colo.__Winner National Bank, Winner, S. DakMuskogee Security National Bank, Musko-

gee, OklaFirst National Bank, Forest City, IowaDavenport National Bank, Davenport, Wash-First National Bank, Pasco, WashFirst National Bank, Howard, S. DakGregory National Bank, Gregory, S. Dak___First National Bank, Sac City, IowaFirst National Bank, Brooklyn, IowaWarren National Bank, Warren, MinnFirst National Bank, Covington, GaFirst National Bank, Delano, MinnFirst National Bank, Creston, IowaFarmers & Merchants National Bank, Can-

non Falls, Minn !Farmers National Bank, Lake Preston, S. I

Dak {First National Bank, Jefferson, Iowa IDrovers National Bank, Denver, ColoFirst National Bank, Rifle, ColoHome National Bank, Cleburne, TexSecurity National Bank, Mason City, lowa-Glasgow National Bank, Glasgow, MontNational Bank of Luverne, MinnFirst National Bank, Greensboro, GaBroadway National Bank, Denver, ColoFirst National Bank, Tama, IowaFirst National Bank, Waukon, IowaFirst National Bank of Gilmore, Gilmore

City, Iowa.First National Bank, Pocahontas, IowaCando National Bank, Cando, N. DakFirst National Bank, Ada, MinnNational Bank of Wessington Springs, S.

Dak.Farmers National Bank, La Moure, N. Dak__First National Bank, Estherville, IowaStockmans National Bank, Brush, ColoLiberty National Bank of South Carolina at j

Columbia, S. C.First National Bank, Kiefer, Okla_____ _First National Bank, Marion, N. Dak..Spirit Lake National Bank, Spirit Lake, Iowa-First National Bank, Deep River, IowaFirst National Bank, Blue Mound, 111First National Bank, Intake, MontFirst National Bank, Frankfort, S. Dak

6934110236041811612024

12277488975279265658593774450328411286894599032586

6704

107738262115646178104111042886558977696712250188049216611

125447377545312620

971447008520

1223991618032670595301092810683

Aug. 5,1903June 7.1917Nov. 12 1901Feb. 14,1906Sept. 20,1921

Nov. 8,1922Feb. 20,1892Dec. 22,1904Aug. 22,1908Nov. 29,1902Mar. 23,1909Oct. 6,1890Dec. 22,1884Dec. 28,1918Oct. 28,1907Nov. 23,1910Oct. 22,1881

Feb. 14,1903

JulyMar.Dec.Dec.JuneJulyFeb.Dec.Aug.Aug.Aug.Apr.Dec.

20,191526.190618,19195.19017,191316,191319.19074,19071,190310,19225,187122,18932.1902

May 12,1924July 16,1904Apr. 13,1900Nov. 17,1924

Mar. 1,1910Jan. 23,1892Dec. 22,1906Feb. 10,1910

July 15,1922Apr. 30,1908Dec. 12,1905Mar. 14,1903Aug. 19,1909Nov. 29,1916Dec. 26,1914

25,00025, 00025, 000100, 00060,000

100,00050,000100,00025,00025, 00050,00050, 00050, 00030, 00040,00025,00050,000

25,000

25,00050,000200, 00025,000150, 000100, 00025,00025, 00025,000200, 00050,00050, 00025, 000

75, 00025, 00025, 00025, 000

50,00050, 00035,000100,000

25, 00025,00050, 00025,00025, 00025, 00025,000

84,450. 0014,000. 0041,875. 00133,000.00

12,000. 0084, 250. 00175, 000. 0060, 000. 0085, 250. 0077, 477. 35

208, 500. 00211, 750. 006, 400. 00

46, 000. 0015, 500. 00

370, 000. 00

25,000.00

5, 250.0066,000. 0016,000.0092, 750. 0054,000. 00

614, 500.00104, 250.0015,000. 0049.000. 0028; 000. 00213,450. 00226, 500. 0027, 500. 00

74, 000. 0093, 750. 00

51,000. 00291, 750. 0066,500.00166,312. 50

62,000.00101,000.0028, 750.0021, 750. 002, 000. 0016, 250. 00

60, 00050,00025, 000100, 00060,000

200, 00075,000100, 00050, 00050,00050, 00050, 00050, 00050, 00050, 00025,00050, 000

25,000

25,00050,000

200, 00050, 000100, 000100, 00075, 00025, 00050,000

200, 00075,000100,00025,000

75, 00025, 00050,00025,000

50,000100, 00035, 000500,000

25,00025,00050, 00025, 00025, 00025, 00025,000

Oct.Oct.Oct.Oct.Oct.

Nov,Nov.Nov,Nov.Nov,Nov,Dec.Dec.Dec.Dec.

16,192517,192520,192522,192524,1925

7,192514,192517,192521,192524,192525,19252,19254,19255,19258,1925

Dec. 12,1925do__

Dec. 17,1925

doDec. 23,1925Dec. 24,1925

.do.Dec. 28,1925Dec. 29,1925

.do.Dec. 31,1925Jan. 9,1926Jan. 16,1926Jan. 18,1926

do_._do._.

Jan. 30,1926Feb. 6,1926Feb. 10,1926Feb. 23,1926

Feb. 25,1926Feb. 27,1926Mar. 1,1926Mar. 4,1926

Mar. 13,1926Mar. 19,1926Mar. 23,1926Mar. 25,1926Mar. 27,1926Apr. 7,1926Apr. 12,1926

CABABCc

cABCCCCCCcccD

CAACACccccccc

cccAcccDABAAAABCC

24, 600. 0034, 600. 0018,450.00

100, 000. 00

73,997. 5023,100. 0042, 800. 0012, 500. 0048, 500. 0047,700. 0014, 700. 0025,000. 0040, 000.006, 250. 00

9, 600. 00

12,100. 00200, 000. 0024, 500. 00

97, 900. 0050. 000. 006,050. 00

49, 297. 5093, 200.006, 200.00

24, 300.006, 500. 00

24, 500. 00

48, 700. 0097,000. 009, 800. 00

12, 000. 0045, 200. 0024, 600. 0024, 200. 00

24, 600. 0034, 600. 0018, 450. 00100,000.00

73,997. 5023,100.0042,800.0012, 500.0048, 500.0047,700.0014,700. 0025, 000.0040,000.006, 250. 00

9, 600.00

12,100.00200, 000. 0024, 500.00

97, 900.0050, 000.006,050.00

49, 297. 5093, 200.006, 200.00

24, 300.006, 500. 00

24, 500.00

48, 700.0097, 000. 009,800. 00

12,000.0045, 200. 0024, 600. 0024, 200.00

350, 058668, 508127,950490,79171,852

2,122, 111507, 347451,757375,645360, 599290, 520520, 572633, 005341, 515168, 630262,155

333, 877

134, 245306,880

1, 208, 552318, 602115, 739944, 632187,074523,153171, 465

2, 318, 247894, 382739, 072201, 056

377, 430301,119452, 24179, 917

192, 334382, 589261, 882453,008

167,604110, 573570,11084,03989,02215, 381

235, 288

g

i

E

3o

toO


TABLE NO. 43.—-National banks in charge of receivers during year ended October 81,19®9> capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failute, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued to

3

ogaaO

o


Moline National Bank, Moline, KansFirst National Bank, Fulton, Mo _First National Bank, Shenandoah, IowaFirst National Bank, Cambridge, IowaFirst National Bank, Oktaha, Okla___Citizens National Bank, Wayne, NebrFirst National Bank, Noblesville, IndFirst National Bank, Jonesboro, ArkFirst National Bank, Hayden, Colo.-..First National Bank, Barnsdall, OklaPalm Beach National Bank, Palm Beach,

Fla.First National Bank, Benson, Minn_De Smet National Bank, De Smet, S. Dak.First National Bank, Milford, IowaFirst National Bank, Dinuba, CalifFirst National Bank, Glenwood, MinnWhitbeck National Bank, Chamberlain, S.

Dak.First National Bank, Cumberland, Iowa.,-Guthrie County National Bank, Panora,

Iowa.First National Bank, Royalton, MinnFirst National Bank, Pepin, Wis._>First National Bank, Woonsocket, S. D a k -Peoples National Bank, Bennettsville, Si CFirst National Bank, Eldorado, 111First National Bank, Adrian, MinnFirst National Bank, Colman, S. DakFirst National Bank, Waubay, S. DakFirst National Bank, Akron, Colo...Oakes National Bank, Oakes, N. DakNational Farmers Bank, Owatonna, Minn_Anamoose National Bank, Anamoose, N.

Dak.First National Bank, Veblen, S. Dak _

Organization

Char-terNo.

8369835323639014100159244

107301146012600

61545355553991587742

7326

67311072559461074375397960668861248548698849289390

Date

Aug.Aug.MayOct.MayAug.Mar.Dec.Apr.Sept.Nov.

31.19067,19065,187725.190713,191128.19081,189320,190516,191317,19196,1924

Feb. 24,1902May 1,1900Aug. 3,1900May 12,1908Apr. 11,1905Nov. 14,1908

June 17,1904July 9,1884

Apr.Apr.Aug.MayDec.Oct.Feb.Jan.Feb.Mar.MayMar.

9,19037,19156,1901

21,191517,19047,1905

20,190331.19024,1907

21.190329,189324,1909

Aug. 16,1910

Capital

$50, 00050,00050,00025,00025, 00060,00050,000100,00025,00025,00050,000

25,00025,00035,00025,00050,00050, 000

25,00050,000

25,00025,00025,00050, COO25,00035,00025,00025,00025,00025,00080,00025,000

25,000



association

$80,000. 00116,000.00417,000. 0061,800. 0023,000.0091,860. 00

132,687. 50206,000.0015,000.002,000.001,000.00

48,250.00154,875. 00120,400. 0052,000. 0028, 350.00

111, 500.00

66, 750.00273,900.00

37,500.0015, 500. 0098,050. 0027,400. 0075,250.0049,000. 0062,400.0042, 500.00

129,250.0026,000.00

199, 200. 0041, 750. 00

46,975.00

Failures

Capital

$50,000100,00050,00080,00025,00060,00062,500100,00025,00025,00050,000

25,00050,00035,000200,00035,00050,000

25,00050,000

25,00025,00050,00050,00050,00035,00025,00025,00040,00025,00075,00025,000

40,000

Receiverappointed

Apr.Apr.MayMayMayJuneJuneJuneJuneJuneJuly

12,192624,192613,192622,192626,19262,19263,19264,1926

16,192622,19262,1926

July 6,1926do

July 8,1926July 9,1926July 14,1926

do_

July 22,1926do

doJuly 23,1926July 23,1926July 27,1926Aug. 6,1926Aug. 16,1926Aug. 19,1926Aug. 20,1926Aug. 26,1926Sept. 4,1926Sept. 10,1926Sept. 18,1926

do

Appar-ent

causeof

failure

BCCC

ABCCACAAC

ABCDCAA

CC

cAcc

ABCCccc

ACACC

Lawfulmoney

deposited

$50,000.0097, 700. 00

78,700. 006, 250.00

60,000. 0049, 000.0040,000.00

23, 800. 0024, 000. 009, 800. 00

10,000. 00

5, 950. 00

34,997. 50

6,250. 0019,800.00


at date offailure

$50,000.0097, 700. 0020,000. 0078, 700. 006, 250. 00

60,000. 0049, 000. 0040,000. 00

23, 800. 0024,000. 009, 800. 00

10, 000. 00

5, 950. 0049,100.00

11,600.00

15,000.00

49,100.0034,997. 5024, 500.00

6, 250.0019,800. 0024, 500.0074,550.0024,400.00

9, 700.00


pension

$258, 931277, 896G90, 033391,13825, 182502, 030272, 920419, 317126, 025294, 947433, 771

292, 337351, 858411, 089

230. 596162; 551

149, 410387,988

334, 020251, 640195, 852209, 970285,868256,949262,019171, 508282, 358216,250

1,446,67184,022

141,176

3


Farmers National Bank in Lidgerwood, N . 12743Dak .

Farmers & Merchan ts National Bank, Mer- 10352ced, Calif.

Nat ional Security Bank , Fairfax, S. C 12668First Nat ional Bank , Lake Norden, S. Dak . 10714First Nat ional Bank , Fulda , M i n n 6054First Nat ional Bank , Bos well, Okla 7651National B a n k of Frankl in , Frankl in , T e n n . 1834Farmers & Merchan ts Nat ional Bank , Lake

City, S. C . . 10681Ci ty National Bank, Bismarck, N . D a k 9622American National Bank, Atoka, Okla 8994England National Bank, Lit t le Rock, Ark__ 9037First National Bank, Broken Bow, Okla 10424First National Bank, Hawor th , Okla 10500First National Bank, Clearbrook, M i n n 11392First National Bank, Toledo, Iowa 6432First National Bank, Gonvick, Minn___ j 10830First National Bank, Kingsburg, Calif 8409First National Bank, Brandon, M i n n 10862First National Bank, Mi lbank, S. Dak 6473First National Bank, Armstrong, Iowa 5442Citizens National Bank , Spencer, Iowa 6941First National Bank, Wilder, Idaho 10909First National Bank, Detroi t Lakes, Minn._ 3426First National Bank, Terril , I owa . _, 10238Citizens National Bank, Pe t ty , Tex 10847Farmers National Bank , Manor , Tex 7146Clarinda National Bank , Clarinda, Iowa 3112First Nat ional Bank, M a r k e d Tree, Ark 11122First Nat ional Bank, St . James, M i n n 4859First National Bank, Leeds, N . D a k 6312Farmers Nat ional B a n k , Brookings, S. Dak-_ 6462First Nat ional Bank, Alta, Iowa_ 7126First Nat ional Bank, E lk ton , S. D a k 6368Planters Nat ional Bank , Honey Grove, Tex . . 4112First National Bank, New H a m p t o n , I o w a . . 2588First National Bank, Hannaford, N . Dak__ . 7727First Nati onal B ank, M alvern, Iowa 2247First National Bank, Stanley, N . D a k 9472First National Bank, Haleyville, Ala 11613National Bank of Oakesdale, Oakesdale,

Wash 9150Farmers Nat ional B a n k , Newpor t , Ark 108G7First Nat ional Bank, P la t t smouth , Nebr 1914First National Bank, Adair, Iowa 8699First National Bank, Universi ty Place, Nebr . 7737Story City National Bank, Story City, Iowa. 10222Citizens National Bank, Ortonville, Minn . . . . 6747First National Bank, Collinsville, Okla. ._. 6965Citizens National Bank, Royal, Iowa 10395First National Bank, Carlyle, M o n t 10934

M a y 11,1925

Jan. 4,1913

Mar . 23,1925Mar . 3,1915Dec. 14,1901Feb. 16,1905May 25,1871

Dec.Nov.Dec.Feb.JulyMar.JuneAug.Feb.Sept.MayOct.MayAug.Sept.Dec.JulyOct.Feb.Dec.Dec.Jan.JuneAug.Jan.JulyAug.MayApr.Feb.JuneFeb.

Apr.JunePec.Apr.Apr.JaneApr.Mar.Apr.Nov.

26,191412,190926,19076,19083,191313,191430,191919,190223,191614.190631,191616.19021,190011.190323.191621,188517,191215,19146,190426,188317.191730,18939,190229,190221.190419.190214,18893,188021.19059,187515,19099,1920

25, 19086,191612,187129.190717,190524.191218.190320,191110.191323,1916

25, 000

100,000

25,00025,00025, 00035,00060,000

100,00050, 00025,000100,00025, 00025,00025,00050, 00025,00025,00025, 00025,00050,00050. 00025,00050,00025, 00050,00025,00050,00025, 00050,00025,00050,00050,00025,00075,00050,00025, 00050, 00025, 00025,000

25, 00050,00050,00025, 00025, 00040, 00025, 00025,00025, 00025,000

18.250.0084, 562. 5075,447.00592,150.00

82,000. 0023, 500.0027,125. 00283,000. 0042,000.0011, 250. 005, 250. 00

225,375.0020,850. 0068. 500. 0021, 500. 00118, 797. 3989, 500.00175, 750. 001, 250.00

218, 000. 0029, 250. 0033,100. 0087, 000. 00206,817. 6414,600. 35162,000. 0035, 000. 0083, 050. 00111, 500. 0047, 250. 00272,250. 00167, 250. 0064,000. 00272,000. 0027,000. 006,000.00

33, 250. 0021,000.00276, 000. 0051, 427. 3856, 600. 0022,000. 0054, 500. 0025, 500. 0019, 750. 00

25,000

100,000

25,00035,00025,00050,000100,000

100,00050,00025,000300,00025,00025,00025,00085,00025, 00050,00025,00050, 00050,000100, 00025, 00050, 00025,00037,00040,00050,00050,00050, 00p25, 00050,00050,00025, 000100,00050,00025, 00050,00025, 00025, 000

25,00050, 00050, 00035,00040, 00040, 00025,00025,00035, 00025, 000

Sept. 21,1926

Sept. 23,1926

Oct. 1,1926Oct. 5,1926Oct. 7,1926Oct. 8,1926Oct. 18,1926

dodo

Nov. 1,1926do

Nov. 2,1926dodo

Nov. 3,1926Nov. 5,1926Nov. 9,1926Nov. 11,1926Nov. 15,1926Nov. 17,1926Nov. 19,1926Nov. 22,1926Nov. 23,1926....doNov. 24,1926Nov. 26,1926Nov. 29,1926Nov. 30,1926.—.doDec. 1,1926Dec. 3,1926... do __.

doDec. 6,1926Dec. 9,1926Dec. 10,1926.—_doDec. 15,1926Dec. 17,1926

Dec. 21,1926.. . . .do.._. doDec. 27,1926Dec. 29,1926Jan. 3,1927Jan. 4,1927Jan. 5,1927.. . . .do .Jan. 7,1927

CACCB

CACDACcccA

ACACC

ACCA

ABCCAC

cACCCcDCACAAC

ABACAC

ABCcc

24, 500.00

49,400.00

5,950.00

24, 300. 0083,800.0024,400.0024, 750. 0025, 000. 0033, 500.00

24, 750. 00

48, 300. 0050, 000.00

43, 200. 0024, 600. 00

48,600. 00

29, 600. 00

_

35,000.0024, 500.00

96,600.00

97,600.0049,400.0023, 600.00

5,950.00

24, 300. 0083,800.0024,400.0024, 750. 0025,000.0038, 500.0049, 500. 0049, 295. 00

24, 600. 00

24, 750.1)049, 500. 0048, 300. 0050, 000. 0024, 700. 0049, 200. 0048, 695. 0025, 000. 0018,400. 0043, 200. 0024, 600. 0012, 500. 006,250. 00

25,000.00

48, 600. 008, 750. 00

29; 600. 0015, 400. 006, 500. 0023, 700. 00

280,454

1,128,135

30,680236, 796325, 328264,025468,950

719,644849,17888,780

97, 79688, 516110, 669419,005165, 807440,180135, 748332, 973267, 387466, 656114, 062708, 512279, 72260,14191, 871599,132107,658469, 278128, 672986,711453, 681244, 641213,872

143,183231, 793196, 761135,382

92,829265, 200287, 703198, 284151,441216, 383285, 030302, 024177, 89724, 880


TABLE NO. 43.—National banks in charge of receivers during year ended October 81, 1929, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at dale of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued

to

1083108410851087108810891090109110921093109410951096

109710981099

1100110211031104110511061107110811091110

1111111211131114111511161119


Monticello National Bank, Montieello, Ind_.First National Bank, Cardwell, Mo _.First National Bank, Nevada, IowaFirst National Bank, Renwick, IowaFirst National Bank, Moulton, Iowa .First National Bank, Delano, CalifNational Bank of Jersey ville, Jersey ville, IU._First National Bank, Argyle, Minn._ . . .First National Bank, Boyceville, WisCitizens National Bank, Commerce, Tex.. .Citizens National Bank, Lone Oak, TexFirst National Bank, Beardsley, MinnFarmers National Bank, Red Lake Falls,

Minn _ _ _ .First National Bank, Biggsvilie, 111First National Bank, Edgeley, N. DakFarmers National Bank of Lidgerwood,

N. DakFirst National Bank, Britt, Iowa . .First National Bank, Montevideo, MinnPeoples First National Bank, Olivia, Minn..First National Bank, Lincoln, ArkFirst National Bank, Clinton, MinnCitizens National Bank, Albert Lea, Minn .First National Bank, Marengo, IowaFirst National Bank, Allegan, MichFirst National Bank, Rolette, N. Dak....Farmers & Merchants National Bank,

Mount Morris, PaFirst National Bank, Rush City, MinnCentral National Bank, Marietta, OhioAmerican National Bank, Stigler, Okla—First National Bank, Belle Plaine, IowaFirst National Bank, Dunbar, Pa . . .Exchange National Bank, Leon, IowaFirst National Bank, Hartley, Iowa

Organization

Char-terNo.

617211919255579885319919549525907

1112812778127607438

983730037914

8230502068609063

1182571616128248418297866

69836954521274322012757654894881

Date

Mar . 10,1902Jan . 15,1921Aug. 3,1881Nov. 24,1905Apr. 5,1900July 1,1908Mar . 31,1894June 18,1901Dec. 8,1917June 10,1925M a y 18,1925July 7,1904

July 19,1910Apr. 10,1883Aug. 29,1905

Apr. 30,1906Aug. 13,1895M a y 25,1903Feb. 25,1908July 27,1920Feb. 13,1904Jan. 22,1902May 25,1880May 11,1871July 24,1905

Sept. 22,1903Aug. 1,1903M a y 29,1899Sept. 14,1904M a y 31,1872Jan. 20,1905June 20,1900Feb. 22,1893

Capital

$25, 00050, 00050,00025,00025,00025,00050, 00O*25, 00025,00050,00025,00025,000

25,00050,00025,000

35,00050,00030,00025,00025,00025,00050,00050,00050,00025,000

25,00025,000

100,00025,00050,00050, 00035, 00050,000



association

$88, 000.004, 000. 00

287, 250. 0015, 250. 00

111, 100. 0069, 500. 0097, 500. 00

112, 500. 004, 750. 00

37, 000. 66

16, 500. 00230, 000. 00170, 050. 00

67, 250. 00172, 250. 0077, 000. 0040,000. 008, 500. 00

70, 250. 00110, 000. 00277, 500.00272, 050. 00

18,000. 00

29,000. 0064, 500. 00

245,000.0012, 500. 00

369, 800. 0061, 000. 00

198, 450. 66

Failures

Capital

$50,00050,00075,00025, 00035,000

100,00050, 00050,00025,00050,00025,00025,000

25,00050,00085,000

50, 00050, 00050,00025,00025,00025, 00050, 00065,00050, 00025,000

25,00050,000

300, 00025,00060, 00050,00035,00075,000

Receiverappointed

Jan. 7,1927Jan. 8,1927Jan. 10,1927Jan. 13,1927Jan. 14,1927

doJan. 15,1927Jan. 18,1927

doJan. 20,1927

doJan. 21,1927

Jan. 24,1927Jan. 31,1927

._._ do

Feb. 1,1927do

Feb. 5,1927do

Feb. 9,1927Feb. 10,1927Feb. 18,1927

...__dodo

Feb. 19,1927

Feb. 21,1927do

Feb. 24,1927Mar. 1,1927Mar. 3,1927Mar. 7,1927Mar. 9,1927Mar. 22,1927

Appar-ent

causeof

failure

DCCCC

ACABC

ABACCC

AD

AC

DC

ACACABC

ACC

BAC

AACCC

ACAC

AC

Lawfulmoney

deposited

$48,600.00

6,250. 00

96,400. 66

5,000.0015, 300. 00

296,700. 0024, 500. 0010,000. 00

34, 500. 0018, 500.00


at date offailure

$48, 600.00

73,300. 006, 250. 00

33,800. 0096,400. 0024,400. 00

24, 700. 00

24, 997. 50

24, 700. 0015, 300. 0048,600. 00

44, 300. 0029, 495. 006, 250. 00

11, 600. 0020, 000. 0049, 397. 5049,600. 0046, 900. 0012, 500. 00

24, 500. 0048, 400. 00

296, 700. 0024, 500.0059,100. 0048,100. 0034, 500. 0049, 600.00


pension

$37, 397273, 26186, 793

162, 500554, 394373, 698131,176172, 27879, 33379, 914

252,056

123,42850,835

273,196

708, 295626, 407296, 93976, 455

162, 825887, 404755, 896581, 948153, 926

310,148359,940

1,957,190276, 557805,991366, 597327, 595

, 275,645


First National Bank, Norway, IowaUnited States National Bank, Dinuba, Calif-First National Bank, Lepanto, ArkProvident National Bank, Waco, TexFirst National Bank of Benson,, Hollsopple,

PaFirst National Bank, Sheldon, IowaAmerican National Bank, Green City, Mo_.First National Bank, Columbia City, Ind.__First National Bank, Fairfax, S. CFirst National Bank, Lake Worth, FlaFirst National Bank, Lake Mills, IowaFirst National Bank, Lineville, IowaFirst National Bank, Bend, OregNew First National Bank in Lamberton,

MinnFirst National Bank, Dubois, IdahoFirst National Bank, Biwabik, MinnCity National Bank in Kearney, NebrLaurel National Bank, Laurel, NebrFarmers & Merchants National Bank,

Aleester, S. DakFirst National Bank, Grafton, N. DakFirst National Bank, Chowchilla, CalifMerchants National Bank, Greene, IowaFirst National Bank, Kennebec, S. DakFirst National Bank, Medaryville, IndFirst National Bank, Spencer, IowaFirst National Bank, Farmersville, 111First National Bank, Lamberton, MinnPeoples National Bank, Waukon, IowaFirst National Bank, East Grand Forks,

MinnFayette City National Bank, Fayette City,

PaFirst National B ank, Webster, PaNational Bank of Fayetteville, Fayetteville,

N. CFirst National Bank, Bishop, CalifCitizens National Bank, Waynesburg, PaFirst National Bank, Sheridan, IndFirst National Bank, Spirit Lake, IowaFirst National Bank, In wood, IowaFirst National Bank, Tabor, IowaFarmers National Bank, Odell, 111Central National Bank, Kearney, Nebr__—_City National Bank of Kearney, Kearney,

NebrFirst National Bank, Mallard, IowaFirst National Bank, Bancroft, Iowa ,First National Bank in Sallisaw, Okla_ ,First National Bank, Muldrow, Okla.National Bank of La Grange, La Grange, IncL

72879156113224309

79353848857071321097911716512372619363

1284411508869713013

108182840109786880100988537389310057722110207

6937

5677109994267529647587304460996246600

3958105625643757199754972

May 23,1904May 2,1908Mar. 19,1919Mar. 31,1890

23,1905JuneFeb.Feb.Feb.Apr.Apr.Feb.Apr.Jan.

Oct. 13,1925Oct. 27,1919Apr. 2,1907Dec. 3,1926Mar. 21.1911

13,19072,19043,1917

19,192021,189823,1904

Dec.Nov.Mar.JuneSept.Jan.MayFeb.

May

30,191514,188229,191723,190320,191123,190726,18884.19112,19041.1912

Sept. 7,1891

May 16,1903June 20,1903

Dec. 12,1900Nov. 21,1916Jan. 15,1890Apr. 2,1900June 7,1892May 23,1904July 1,1891Nov. 29,1909Jan.

Dec. 26,1888May 19,1914Nov. 10,1900Jan. 3,1905Mar. 25,1911July 12,1894

25, 00025,00035,000300,000

25,00050,00025,00050,00025,00030,00050,00025,00025,000

25,00025,00025,000150,00040,000

25,00050,00025, 00050,00025,00025,00060, 00025,00025,00050,000

50,000

75,00025,000

50, 00025, 00050,00045,00050, 00025,00050,00025,00050,000

100,00025, 00050,00050, 00025,00050,000

26, 500. 0052,000. 003, 500. 00

1, 320, 000. 00

20, 625. 00293, 500.0060,834.41171,000.008. 500.0036, 500.0033,000. 0042,250.0075, 260.00

1,250. 0033,097. 87

29, 200. 00

43, 750. 00296, 500. 00

2, 750, 0082,000. 0027, 000. 0027, 000. 00

295, 700. 0011,875. 0096,250. 00

138,000.00

161,250. 0043,125.00

175, 500. 00126,000. 00

1, 565, 000. 00190,171. 50185, 333. 44121, 000. 0094, 750. 0019, 250. 00

117, 500. 00

20, 500. 0095, 000. 0095,000. 0056,250. 00

201, 750. 00

25, 00050,00035,000300,000

75,000150,00045,000100,00050,000100,00050,00025,000100,000

25,00025,00025,000150,00065,000

50,00050,00025, 00050,00050,00025,000150, 00025,00050,000125,000

50,000

75,00025,000

100,00050,000

500, 00075,00050,00050, 00025, 00025, 00050, 000

100,00025, 00050,00050, 00025,000

100,000

Mar. 23,1927Mar. 25,1927

doMar. 26,1927

Mar. 28,1927Mar. 29,1927Mar. 31,1927

.do.Apr. 1,1927Apr. 2,1927Apr. 8,1927Apr. 9,1927Apr. 29,1927

Apr. 30,1927May 5,1927May 10,1927May 14,1927

do

MayMayMayJuneJuneJuneJuneJuneJulyJuly

17,192725,192728,19274,192720,192724,192725,192729,19276,1927

19,1927

July 28,1927

doAug. 8,1927

Aug. 12,1927Aug. 15,1927Aug. 17,1927Aug. 18,1927Aug. 25,1927Sept. 6,1927Sept. 14,1927Sept. 21,1927Sept. 30,1927

OctOct.Oct

do __. 3? 1927. 20,1927. 24,1927do__

CACCD

ACC

ACDC

ACC

AC

CC

ABAC

CABACACA

ACCDE

ABA

ACADD

ACDDD

DCA

ACA

BC

50,000.00

43, 597.50

24,300.00

25,000.00

49,600.00

6,100.00

22,400. 0040,000. 00

48,800.0024,400.00

25,000.0024, 500.00

50,000.00

24,400.0099,000.0043, 597. 5094. 200.00

32, 300.0049,497. 5024,300.0012,500.00

25,000.0024,700.0090,800.0040,000.00

49,600.00

24,700. 006,100. 0024,300. 0024,990.00

123,200.00

37,497.50

69,400.0024,100.00

49,000. 00

275,000. 0022,400. 0040,000.0025,000.00

50, 000. 0048,800. 0024,400. 0049,300.00

170, 735443, 221108, 211

196, 240777, 551239,124

1,010,867

1,358,878358,762205,239

1,264,073

203,614121,571317,100

1,868,476524,225

396,354866,808215, 524232,15576, 69263,445

855, 37594, 295

1, 781, 000529, 744

481, 789

1,781,014283, 727

1,909,559763,199

4,080,072

182,242

220,000

180, 561180,859394,568161, 965530,086


TABLE NO. 43.—National banks in charge of receivers during year ended October 31, 1929, capital at date of organization and at date of failure,cav-ies of failure, dividends paid while solvent, circulation outstanding at date of failure, lavrful money deposited with Treasurer of theUnited Stages io redeem circulation, and total deposits at date of suspension—Continued

11721173117411751176

1177

1178117911801181118211831184118511861187118811891190119111921193119411951196

11971198119912001201120212031204

Nâme and location of bank

First National Bank, Swea City, IowaFirst National Bank, Milburn, OklaFirst National Bank, Havelock, IowaNational State Bank, Stockton, KansNational Bank of West Palm Beach, West

Palm TiMoh, Fla,First National Bank, New Cumberland,

W. VaFirst National Bank, Rofl, OklaFirst National Bank, Checotah, OklaFirst National Bank, Hope, N. DakFirst National Bank, Manning, S. CNational Bank of Bowman, Bowman, S. C_.First National Bank, Abingdon, 111First National Bank, Wynot, NebrAmerican National Bank, Sallisaw, Okla..New Georgia National Bank, Albany, Ga.__First National Bank, Minnewaukan, N. Dak-First National Bank, Greenville, TexFirst National Bank, Mullens, W. VaFirst National Bank, Hanna, Okla _.First National Bank, Lisbon, N. Dak _First National Bank, Delta, Utah___ _First National Bank, Lorena, Tex__- __First National Bank, Plainville, KansFirst National Bank, Laurel, NebrChase County National Bank, Cottonwood

Falls, KansFirst National Bank, Derby, IowaLaurens National Bank, Laurons, S. CFirst National Bank, La Porte City, Iowa.__Citizens National Bank, Shelbyville, IIIAstoria National Bank, Astoria, Oreg_-First National Bank, Balaton, MinnFarmers National Bank, Phillipsburg, Kans.First National Bank, Galva, Iowa

Organization

Char-terNo.

5637992072948274

12930

6582541751285893

111551156233778335

125551286355002998

12270115513669

11529862173139793

276410848106524114739644036840

1077610501

Date

Oct. 24,1900Jan. 3,1911Apr. 30,1904May 22,1906

Apr. 27,1926

Dec. 9,1902May 28,1900May 23,1898June 17,1901Feb. 23,1918Dec. 3,1919Aug. 5,1885May 11,1906June 12,1924Dec. 22,1925July 9,1900June 30,1883Nov. 3,1922Dec. 8,1919Mar. 30,1887Nov. 17,1919Mar. 15,1907June 17,1904May 19,1910

June 21,1882Mar. 23,1916Oct. 22,1914Aug. 12,1889Aug. 1,1904Aug. 9,1890Apr. 30,1903Aug. 18,1915Mar. 23,1914

Capital

$25,00025,00025,00050,000

100,000

40,00025,00050,00025,00025,00025,00050,00025,00030,000

300,00025,00050,00025,00025,00050,00030,00030,00050,00040,000

50,00025,00050,00050,00050,00050,00025,0C025,00025, GOO



association

$51, 750,0043, 750. 0047,250. 00

102, 750.00

73, 350. 00100, 050. 00234, 600. 00171, 269. 8420,500.008,000.00

382.613.6624,000.00

90,000. 0084,250.00

512,750.00

3,250.00188, .500.00

40,500.00117,250.0041,200.00

307,250.00890.53

48,000.00183,250.0013,250.00

297,354.1636, 750.0032, 725.0032,250.00

Failures

Capital

$25,00025,00025,00050,000

100,000

50,00030,00050,00050,00050,00025,00075,00025,00030, COO

200,00025,000

150,00025,00025,00050,00030,00030,00050,00040,000

100,00050,00050,00075.00050,000

200,00025,00050,00050,000

Receiverappointed

Oct. 29,1927Oct. 31,1927Nov. 5,1927Nov. 14,1927

Nov. 18,1927

Nov. 21,1927do

Dec. 1,1927Dec. 12,1927Dec. 14,1927Dec. 16,1927Dec. 17,1927Dec. 27,1927Dec. 30,1927Jan. 4,1928Jan. 6,1928Jan. 11,1928Jan. 16,1928

doJan. 21,1928Jan. 23,1928

dodo

Feb. 2,1928

Feb. 6,1928Feb. 10,1928Feb. 15,1928

doFeb. 21,1928Feb. 24,1928Feb. 29,1928Mar. 2,1928Mar. 6,1928

Appar-ent

causeof

failure

CACA

AC

AC

BACACCCD

ACC

ACCDACCDCC

AC

ACA

ACC

ACD

BCD

Lawfulmoney

deposited

$16,25a 00

30,000.00

8,200.00

138,545.00

49,500.00

7,500.00

19,750.00

50,000.00

41,050.65


at date offailure

$24,600.0016,250.0025,000. 0048,900.00

50,000. 0030,000.0049, 300. 0050,000.0025,000.00

8,200.0010,000.00

197,997. 5024,745.00

138,545.00

49,500.00

7,500.0025,000.00

19, 750.0075,000.0050,000.00

41,050.00


pension

$364,02171,64571,865

260,504

324,846

550,834103,478233,446256,286190,79336,915

90,077355, 504721,845172,443

185, 76830,241

453,77718,88661,947

110,0556,101

224,990193,892158.755166; 04454,934

2,242,06125,015

156,494


First National Bank, Ashton, IdahoNew First National Bank in Springfield, Mo.First National Bank, Greenfield, Iowa..First National Bank, Carrington, N . Dak._.First National Bank, Osborne, KansFirst National Bank, Toronto, S. DakFirst National Bank, St. George, S. C_First National Bank, Rolfe, IowaCommercial National Bank, Statesville, N.CFirst National Bank, Bristow, OklaFirst National Bank, Stewardson, 111First National Bank, Avoca, MinnFirst National Bank, Rice, MinnAmerican National Bank, Sarasota, FlaFirst Citizens National Bank, Mount Ster-

ling, OhioFirst National Bank, Moweaqua, 111First National Bank, Marshalltown, Iowa...First National Bank, Arcadia, IndPeoples National Bank, Independence, Iowa.First National Bank, Independence, Iowa...First National Bank, Calexico, CalifFirst National Bank, Denton, TexFirst National Bank, Plain view, NebrLake County National Bank, Madison, S.

DakSecurity National Bank, Fargo, N . DakCitizens National Bank, Woonsocket, K, I_.First National Bank, Dublin, GaFirst National Bank, Aledo, 111First National Bank, Wesley, Iowa__-Carolina National Bank, Darlington, S. C__.First National Bank, Farmland, IndLamar National Bank, Lamar, S. CHartington National Bank, Hartington,

Nebr.._First National Bank, Cheraw, S. CFirst National Bank, Dunn, N . CFarmers National Bank, Wakefield, Nebr. . .Fourth National Bank, Macon, GaFirst National Bank, Eichland Center, Wis_.First National Bank, Garner, IowaFirst National Bank, Warren, Ind..First National Bank, Covington, IndCass County National Bank, Casselton,

N. DakFirst National Bank, Benson, N. CPeoples National Bank, Middletown, DeL_.First National Bank, Fort Lauderdale, Fla_.First National Bank, Mena, ArkFirst National Bank, Lewisville, Ohio

I First & Moorhead National Bank, Moor-1 head, Minn

10269127705334555133196381

122334954933562609438

112241170912751

53827739411948821873263968628129504

10636115559706374714554579999650411080

54009342

83657901481079309860

7142126143019120207163

Sept.JuneApr.JulyJan.JulyJuneApr.Dec.Apr.MayJulyApr.Apr.

MayApr.Apr.JulyJulyOct.Jan.Oct.July

Oct.Nov.Jan.MayJan.JuneApr.Oct.Sept.

MayFeb.Mar.Mar.Aug.Aug.Aug.MaySept.

3,19126,1925

23,19006,190028,18858,19025,192224,189426.190829,190214.190931.19181,19207,1925

16,19008,190525.18648,190930,187427,188427.191030,188227,1909

2,191425.191919.18653,190224,190426,190014.19111,19025,1917

21,19004.190924,190424,19112,19067,190524,18920,19059.1910

Jan. 11,1904Dec. 16,1924June 2,1883Sept. 20,1921Feb. 29,1904Dec. 9,1907

2569 Aug. 13,1881

35,000125,00025,00025,00050,00025,00050,00050,000100,00025,00025,00025,00025,000100,000

50,00025,00050,00025,00050,000100,00025,00050,00040,000

75,000100,000100,00050,00025,00025,00050,00025, 00025, 000

40,00025, 00025, 00040, 000

250, 00030, 00050,00025, 00050, 0.00

25,000100, 00080, 00050, 00050,00025, 000

50, 000

24,900. 003, 750. 00

129,250.00128,861.40367,500.0071,290.0016,000.00120,000.00145, 500.00202, 500. 0043, 750.0015,250.00

210,185.0079, 500.00

839,000. 0015,000. 00

356,000.00607,000.00112,250.00259,056.0050,000.00

114,000.00

380,500.00461,000.0076,300. 0037,250. 0098, 500. 0032,100. 004, 000. 00

73, 200. 0054, 500. 0075,300. 0075, 000. 00

701, 000. 0087, 300. 00150, 000. 0024, 000.0080,500.00

85, 250. 0018,000. 00

208, 400. 0061, 000. 00119,000.0025, 250. 00

172, 500. 00

50,000125,00050,00050,00050,00025,00050,00050,000100,00050,00025,00025,00025,000100,000

85,00075,000

200,00025,00075,000100,000300,00050,00040,000

75,000100,000100,000200,00050,00025,000100, 00040,00025,000

40,00050, 00050, 00050, 000

500, 00050, 00050,00025,00070,000

25, 00050, 00080, 000

100, 00050, 00025, 000

Mar. 10,1928Mar. 17,1928Mar. 21,1928Mar. .26,1928Mar. 30,1928Apr. 3,1928

dodo

Apr. 19,1928Apr. 25,1928May 1,1928May 5,1928May 12,1928May 15,1928

May 19,1928May 23,1928June 11,1928July 3.1928July 5,1928

do.July 24,1928Aug. 15,1928Aug. 22,1928

Aug. 29,1928Aug. 30,1928Sept. 18,1928Sept. 24,1928Sept. 27,1928Oct. 12,1928Nov. 2,1928Nov. 3,1928Nov. 9,1928

Nov. 13,1928Nov. 14,1928

doNov. 21,1928Nov. 26,1928

.do.Dec. 4,1928Dec. 7,1928Dec. 8,1928

Dec. 10,1928Dec. 11,1928Dec. 14,1928Dec. 15,1928

doDec. 19,1928

150,000 Dec. 24,1928

CABCC

ABC

ACCB

BCABCCC

ABC

ACADDCBC

CC

ABACAFBDC

ABAAAADA

AC

CAACAA

65,050.00

100,000. 00

24, 450

28, 950. 00

24, 995. 0024, 700. 0049,450.0024,300.00

12,150.0098,200.0025,000.0025,000.006,500.00

95,850.00

68,847. 5049,050.0049,750.0025,0Q0.0065,050.00

37,500.0039,700.00

65,000.00100,000.00100,000.00100,000.0040,000.0024,600.0085, 500.00

25, 000.00

25, 000. 0050,000.0040,000.0050, 000.00

49,300.00

24, 995.00

25, 000.0050, 000.0050, 500.00

24,450.00

109,995.00

120,732494,778317, 471325, 911284,378205,349271,852165,909910,884548,130396, 622209, 916177,691462,489

735,997341,086

1,619,996173, 740

10,741280,677267,232

465,2471,029,9921,077,615893,686457, 596155,474600, 598

139, 968

384,810253,116274, 774461, 419

7, 690, 486804,491

185,804

269, 217137,330425,318

210,288

1,896,450


TABLE NO. 43.—National banks in charge of receivers during year ended October 31, 1929, capital at date of organization and at date of failure,causes of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of theUnited States to redeem circulation, and total deposits at date of suspension—Continued

toCOoo

125412551256125712581259

12601261

12621263126412651266126712681269127012711272127312741275127612771278127912801281128212831284128512861287


Exchange National Bank, Denton, TexFirst National Bank, Frisco, TexFirst National Bank, Kingsbury, TexFirst National Bank, Coleridge, Nebr__Exchange National Bank, Spokane, Wash__First Exchange National Bank, Coeur

d'Alene, Idaho _First National Bank, Wagener, S. CMinneapolis National Bank, Minneapolis,

Kans. _ _ _ _ _First National Bank, Melvin, IowaFirst National Bank, Manchester, IowaCitizens National Bank, Hope, Ind . _First National Bank, Avon Park, FlaFirst National Bank, Punta Gorda, FlaFirst National Bank, Bixby, OklaFirst National Bank, Brunson, S. C _ . . . ._Carlton National Bank, Wauchula, Fla_ __First National Bank, Rockford, IowaNational B ank of Ains worth, NebrFirst National Bank, Erskine, MinnNational Bank of Larimore, N. DakFirst National Bank, Denton, Mont _____First National Bank, West Alexandria, Ohio.First National Bank, Sandersville, GaNational Bank of Emmetsburg, IowaFirst National Bank, Waverly, VaFirst National Bank, Sanborn, N. Dak___ __Peoples National Bank, Adena, OhioReed City National Bank, Reed City, Mich.First National Bank, Ruthven, IowaFirst National Bank, Sebring, FlaFirst National Bank, Lakeland, FlaFirst National Bank, Auburndale, Fla_National Exchange Bank, St. Paul, Minn...First National Bank, Shinnston, W. Va

Organization

Char-terNo.

29496346

1026697964044

712010485

3731561642215726

108261051210467108321069130538992

111736286

10819117337934

130591091484486016

124745541

120909811

12983109409453

Date

May 7,1883July 2,1902Aug. 15,1912May 18,1910May 4,1889

Jan. 14,1904Feb. 11,1914

June 14,1887Oct. 9,1900Jan. 17,1890Feb. 7,1901Feb. 10,1916Apr. 6,1914Dec. 1,1913Mar. 7,1916Jan. 7,1915July 18,1883Jan. 2,1908Apr. 22,1918May 26,1902Jan. 8,1916May 10,1920Aug. 15,1905Apr. 5,1927Oct. 2,1916Oct. 12,1906Aug. 8,1901Dec. 8,1923July 7,1900Dec. 27,1921June 9,1910Aug. 17,1926Jan. 10,1917June 14,1909

Capital

$50,00025, 00025, 00040, 000

100,000

100,00025,000

60,00025,00050,00025,00025, 00025,00025,00025,00050,00050,00035,00025,00025,00025,00040,00042, 00060,00025,00025,00025,00025, 0002.5,00050, 00050,00050, 000

300, 00045, 000



association

$259,056.0031,250. 0026, 500.0064, 600.00

2, 720,000.00

71,000.0025,484. 00

231, 600.0032, 500. 00

146,000. 00123,000.00104,000.0049,375.0022,500.008,083.33

39,000. 00172, 500.0068,950.0010,000.0048,500. 0014, 250.0018,000.00

154,880. 00

65,000. 0086,687. 506, 000.00

62,125. 0033, 500. 00

206, 000.003, 000.00

123, 750. 00

Failures

Capital

$100,00025,00025,00040,000

1,000,000

100,00050,000

60,00025,00050,00030,000

100,00050,00025,00025,00050,00050,00035,00025,00025,00025, GOO40, 00050, 00060,00025, 00025, 00050,00025,00025,000

100,000100,00050, 000

300,00090,000

Receiverappointed

Dec. 26,1928Dec. 31,1928Jan. 10,1929Jan. 12,1929Jan. 18,1929

Jan. 19,1929Feb. 9,1929

doFeb. 12,1929Feb. 13,1929Feb. 15,1929Feb. 18,1929

doFeb. 20,1929


doMar. 13,1929Mar. 14,1929Mar. 15,1929Apr. 2,1929-Apr. 10,1929Apr. 13,1929May- 2,1929. . — d oMay 4,1929May 15,1929

doMay 16,1929May 22,1929

Appar-ent

causeof

failure

CC

ACACA

ACC

AAABCCACAOC

cAABAC

ACACAC

ACC

cABAB

Lawfulmoney

deposited

$1, 200

24,450


at date offailure

$24,097. 5024, 550.006, 250.00

39,350. 00980,800.00

100, 000. 006, 250.00

60, 000.0012, 500. 0039,447. 5029,450.0016,250.0022,000.006, 050. 00

16,400.00

12, 500.0035,000.0025,000.0021,500.0024,450.00

25,000.00

25,000.0025,000.00

7, 000.00

| 44,400.00


pension

$437,12560,49038, 205

150, 6897,254,185

1,018,39151,273

525,118121, 291558, 579313,914345,432455, 591181,68581,197

411, 262154,787218,872135, 516163,61884,143

359,956231,649691,652

60,358498, 265212,659194, 631390,452

1, 907, 518289,053

840,213

3

o

o


12881289129012911292129312941295

129612971298129913001301130213031304130513061307130813091310131113121313

First National Bank, Anefca, N. DakRosedale National Bank, Rosedale, MissFirst INational Bank in Langdon, N. DakFirst National Bank, Mayville, N. DakPolk County National Bank in Bartow, Fla_..East Alabama National Bank, Eufaula, Ala__National Bank of Newberry, S. CSouth Pasadena National Bank, South Pasa-

dena, CalifFirst National Bank, McHenry, N. DakFirst National Bank, De Land, FlaFirst National Bank, Sanford, FlaFirst National Bank, Dahlgren, 111First National Bank, St. Augustine, FlaFirst National Bank, Winter Garden, Fla___Miners National Bank, Blossburg, PaFirst National Bank, Drayton, N. DakFirst National Bank, Maquon, 111Henry National Bank, Abbeville, AlaFirst National Bank, Moultrie, QaFirst National Bank, Montezuma, IowaFirst National Bank, Eldorado Springs, Mo.First National Bank, Delta, ColoFarmers National Bank, Red Oak, IowaTaylorville National Bank, Taylorville, I1L_First National Bank, Taylorville, 111First National Bank, New Bern, N. C

Total..

11311120731305336731330936221844

1285281249657379877503462113895007622584821095975652961100555467605689403579

13298

T

Feb. 18,1919Nov. 11,1921Mar. 9,1927Apr. 4,1887Apr. 1,1929Dec. 23,1886May 6,1871

Nov.Feb.Jan.Apr.Apr.Feb.JuneJuneMar.Nov.Feb.Dec.MayJuneMayNov.Apr.Oct.Mar.

17,19251.19065,1910

19,188725.190516,188620,19196,189522,190210.190621,191719,190421.188330,191122,19009,19016.19079,188618,1929

•25, 00085, 00050,00050,000200,00059, 00050, 000

100,00025,00050, 00050, 00025, 00050, 00025,00050, 00025, 00035, 00025, 00025, 00050, 00050, 00030, 00060, 000

150, 00075, 000

150, 000

8, 500. 00

~228~o66~66"

286, 380. 00705, 500.00

29,000. 0085, 500.00

241, 225. 0051, 700. 00

807, 900. 008, 500. 00

127, 500. 0088, 500. 0018, 900.0019, 500. 008, 000 00

191, 000. 0066, 500. 00

156, 000. 0067, 200. 00

186, 000.00657, 290. 00

25,376,000 62,153,157.03 37,834,500

25, GOO85,00050,00050,000

200, 000100, 000100,000

100,00025,000

100, 000150, 00030,000

130, 00050,00050, 00050, 00035, 00050, 000100,00050,00050,00050,00060,000

150, 000200,000150, 000

June 3,1929June 10,1929June 14,1929June 25,1929June 28,1929July 1,1929

do

July 2,1929July 3,1929July 12,1929July 15,1929July 22,1929July 25,1929

do.July 30,1929Aug. 12,1929Aug. 14,1929Aug. 16,1929Aug. 27,1929Sept. 16,1929Sept. 23,1929Sept. 25,1929Oct. 14,1929Oct. 18,1929

doOct. 26,1929

ACACACBA

AC

ACCC

ACCACCACA

ACBA

ACACA

25,000.00

70,45a. 0098,600.00

100,000.00

29, 250.00130, 000.00

48, 700.0049,000.0049,997. 5023,400.0016, 850. 00

11, 794, 550

48,850. 0049, 050.0049, 600. 0058,900. 0075,000. 0098, 550. 0023, 900.00

19, 658, 982. 50

185,95471,761

164,094163,380

1,046,039414,340

1,108,313

704,44046,763

1, 255,2871, 713,486

156,7111, 649,312

292,0991,167, 522

156, 539127,145196, 597

496,376315,831457,455401,608

232,886,651

oS

o

A—Incompetent management.B—Dishonesty.C—Local financial depression from unforeseen agricultural or industrial disaster.D—Receiver appointed to levy and collect stock assessment covering deficiency in value o fassets sold.E—Temporary suspension to adjust settlement on adverse judgment.F—Information not available.

3o

fcOCOCO



TABLE N O . 44.—National banks in charge of receivers, dates of organization. assets, amounts collected from all sources, loans paid and other disbursements,

remaining assets returned to shareholders October 31, 1929

Title and location of banks Date of organ-ization

Capitalstock at

suspensionReceiver ap-

pointed

469513549554593598600606611612619620633643645649650652655656658660663664665667669670671672675679680683687689691696703708709710711713714715716719720722723724727738739740743744746748751752754755756757760761762763

Farmers & Drovers National Bank, Waynesburg, Pa_-First National Bank, Billings, Mont __First National Bank, Sutton, W. VaFirst NaMonal Bank, Uniontown, PaFirst National Bank, Eureka, S. DakFirst National Bank, Hearne, TexFirst National Bank, Gridley, Calif.First National Bank, Ranger, TexCorn Belt National Bank, Scotland, S. DakFirst National Bank, Ambia, IndFirst National Bank, Bridgeport, NebrBannock National Bank, Pocatello, IdahoFirst National Bank, Vale, OregStillwater Valley National Bank, Absarokee, Mont.National City Bank, Salt Lake City, UtahState National Bank, Ardmore, OklaCorydon National Bank, Corydon, Ind..First National Bank, Oak Grove, La _First National Bank, Ingomar, MontAmerican National Bank, Billings, MontMerchants National Bank, Wimbledon, N. DakFirst National Bank, Mountainair, N. Mex.Commercial National Bank, Great Falls, MontSterling National Bank, Sterling, ColoPayette National Bank, Payette, Idaho__Citizens National Bank, Laurel. Mont__First National Bank, Broadview, Mont _.Commercial National Bank, Wilmington, N. CFirst National Bank, Winner, S. Dak 1First National Bank, Wessington Springs, S. DakFirst National Bank, Harlowton, MontFirst National Bank of Roundup, MontFirst National Bank, Gregory, S. Dak__Llano National Bank, Llano, TexFirst National Bank of Rock River, WyoFirst National Bank, Joseph, OregPeoples National Bank, Salisbury, N. CFirst National Bank, Sapulpa, OklaHoward National Bank, Howard, S. DakFirst National Bank, Wells, MinnFirst National Bank, Mitchell, S. DakCavalier County National Bank, Langdon, N. DakAmerican National Bank, Three Forks, MontLehigh National Bank, Lehigh, OklaCity National Bank, Coalgate, OklaFirst National Bank, Grey Eagle, MinnFirst National Bank, Fairview, MontUnion National Bank, Beloit, KansTexas County National Bank, Guymon, OklaNational Bank of Barnesville, Barnesville, OhioCitizens National Bank, Roswell, N. Mex. .._First National Bank, Lancaster, Minn. . .First National Bank, Turtle Lake, N. DakFirst National Bank, Forsyth, MontCondon National Bank, Condon, Oreg-First National Bank, Moore, MontMerchants National Bank, Mandan, N. DakFirst National Bank, Webster, S. DakSioux Falls National Bank Sioux Falls, S. DakFirst National Bank, Beach, N. DakNational Bank of Carlsbad, Carlsbad, N. MexDakota National Bank, Dickinson, N. DakFirst National Bank, St. John, Wash_First National Bank, Warroad, MinnFirst National Bank, Brookings, S. DakFirst National Bank, Ronan, MontFirst National Bank, Clarkston, WashFirst National Bank, Carthage, S. Dak___ _First National Bank, Onida, S. DakCommercial National Bank., Miles City, Montana

Jan.Dec.Apr.Jan.Nov.JulyMar.Jan.MayJulyFeb.JulyJan.Aug.Nov.MayMayMar.Aug.Apr.Sept.Apr.Apr.MayJan.MayNov.Apr.Dec.Sept.Oct.MayFeb.Jan.Apr.Dec.Mar.Aug.Aug.Dec.Feb.Jan.Apr.Feb.Mar.MayAug.Mar.Mar.Jan.Apr.MayJuneJuneMar.Jan.Aug.Nov.Nov.MayJulyMar.Mar.Aug.Nov.Aug.Mar.Mar.Jan.Aug.

30,18653,18837,19022,186418,19195,189414.191826.190628,191730.190923.191015,190214.190711,191719,19126,191323,19052,192016.19195.192017.19073.191920.19142.19219,19063,190726.191517,192215,191725.190227.190822,190822.19075,190124.191911.190510.190819,190113.191512,18918,188228.190830.191714.190110.192028,190726.192124.190321.192229,190320.190314.19198,190710.190426.19067,190724,191419.190214.188226.19098,19034,190511.19184.192015.188331.191016.190320.191617.192015,1895

$200,000150,00050,000100,00050,00050,00040,000200,00025,00025,00025,000100,00050,00025,000250,000200,000125,00050,00025,000150,00025,00030,000200,000150,00075,00035,00025,000200,00030,00050,00050,00050,00050,00050,00050,00025,000100,000100,00025,000100,000100,00025,00025,00035,00050,00025, 00040,00050,00025,000100,000200,00025,00025, 00075,00050,00025,00050,00025,000150, 00050,000100,00050,00040,00025,000100,00025,00050,00025,00025, 000250,000

Dec. 12,1906July 2,1910Aug. 29,1914Jan. 19,1915Aug. 20,1920Jan. 21,1921Jan. 29,1921Mar. 2,1921Mar. 28,1921Apr. 5,1921M a y 28,1921June 11,1921Nov. 15,1921Jan. 30,1922Feb. 3,1922Mar. 4,1922Mar. 8,1922M a y 13,1922Aug. 14,1922Sept. 23,1922Oct. 27,1922Nov. 2,1922Dec. 9,1922Dec. 11,1922Dec. 13,1922Jan. 4,1923Jan. 30,1923Jan. 31,1923

doFeb. 5,1923Mar. 7,1923Apr. 5,1923Apr. 12,1923Apr. 18,1923June 14,1923

doJuly 3,1923July 30,1923Sept. 1,1923Oct. 22,1923Oct. 23,1923Oct. 29,1923

doNov. 8,1923

dododo

Nov. 13,1923do

Nov. 14,1923Nov. 16,1923Nov. 19,1923Nov. 21,1923Dec. 18,1923

do.__. .Dec. 20,1923Dec. 26,1923Jan. 2,1924Jan. 24,1924

do._Feb. 6,1924Feb. 7,1924

doFeb. 9,1924

do__ _ ..do

Feb. 12,1924do. . . . .do

Feb. 15,1924


REPORT OF THE COMPTROLLER OF THE CURRENCY 301appointment of receivers, and closing, with amounts of nominal and additionallosses on assets, expenses of receiverships, claims proved, dividends paid, and

Book value of assets at date ofsuspension

Estimatedgood

$814,7831, 087, 304

310, 0501,080,785

750,77784,309

133,615741,218217,255

91, 39191, 326

678,10329,968

101,3552,146, 734

640, 092930,940

39, 33348, 652

165, 06757,132

308, 039447, 804241,183

63, 74363, 74040, 657

926, 972141, 052106, 85281, 571

213, 68145, 299

112, 93694, 366

108,961478,878219, 28075, 257

166,679458,659404, 63238, 39579, 658

107, 24413, 84947, 361

321, 654180, 421457, 554123, 51189,13195, 358

242, 350103, 03146, 65745, 048

125, 6811, 748, 843

297,840731, 798

17, 446100, 653117, 758337, 21230, 88498, 88758, 57269, 633

806, 234

Estimateddoubtful

$2,013,406505,01680,899

2,388, 710192,169273, 349

27, 0371,864,464

198,06938, 29872,899

735, 340286, 691139, 877

1,367, 227913, 996394, 591

75, 957137, 880270, 200118, 29222, 802

1,189, 442463, 971123, 049102, 69474, 842

1, 226,912149, 236223, 69190,142

112,832257,777172, 844122, 998114, 303255, 458566, 071150, 855652,820846, 395171, 99050, 025

149, 623103, 05057, 79974, 354

169,83748, 65353, 910

847, 636156, 379

41, 582299,147103, 632138,147175, 697113, 962746, 250160, 685220, 201153, 68367,235

102, 560428, 037155, 788170, 037165, 09879, 432

946, 948

Estimatedworthless

$130,499552, 201

27, 21047,99932,303

144, 913372,056264, 810

50, 99918, 93534, 264

307, 42176,74514, 31380, 93026, 058

351, 62819, 564

119, 042309, 219

21, 981802

424, 765270, 603168, 413205, 52639. 793

548, 87253, 935

382,175405, 582451, 20163,798

141,12766, 034

138,678575, 563235, 987

65, 710297, 201

57, 90254, 69633,57486, 07876,10260, 287

171, 967233, 22754, 570

520, 999672, 204

77, 02584, 886

140,19675, 57753, 270

211, 36874, 918

458, 54796, 317

215, 32291, 90947, 40030, 983

381, 52434, 08015, 439

129,01154, 917

677,140

Additionalassets

receivedsince

date ofsuspensionincludingdividendspaid andrecovered

$2,068, 291663,16962,100

1, 037, 383181, 02198, 333

157, 39286, 84278,98368, 46472, 210

273, 38363, 40726, 057

913, 517110, 496143, 691

28, 68613, 588

104, 95931,80417, 432

236, 246260? 556

51, 28721, 63810, 763

236,70341, 61583, 40571, 269

176, 02614,450

155, 58658, 27244, 97566, 313

142, 72631, 211

107, 07769, 62472, 40448,1438, 649

83, 4504,731

22, 599229, 459

71, 243171, 27485, 42646, 97643, 68749, 89232, 52237, 24361, 44855,163

310,07162,169

140, 66382, 45426, 31740, 291

179, 59920, 29830, 36234, 98625, 053

185, 645

Total as-sessmentof share-holders

$200,000150, 00050, 000

50, 00050, 00040, 000

200, 00025,00025, 00025, 000

100,00050, 00025, 000

250, 000200, 000125, 00050, 00025,000

150, 00025, 00030,000

200, 000150, 00075,00035, 00025,000

200,00030, 00050, 00050, 00050, 00050, 00050, 00050, 00025, 000

100, 000100, 00025, 000

100, 000100, 00025, 00025, 00035, 00050, 00025, 00040, 00050, 00025, 000

100, 000200, 000

25, 00025, 00075, 00050, 00025, 00050, 00025, 000

150, 00050, 000

100, 00050, 00040, 00025, 000

100, 00025, 00050. 00025, 00025, 000

250, 000

Total assetsand stock

assessments

$5, 226, 9792, 957, 690

530, 2594, 554, 8771, 206, 270

650, 904730,100

3,157, 334570, 306242, 088295, 699

2, 094, 247506, 811306, 602

4, 758, 4081, 890, 6421, 945, 850

213, 540344,162999, 445254, 209379, 075

2, 498, 2571, 386, 313

481, 492428, 598191, 055

3,139, 459415, 838846,123698, 564

1, 003,740431, 324632, 493391, 670431,917

1, 476, 2121, 264, 064

348, 0331, 323, 7771, 532, 580

728, 722195,137359, 008419, 846161, 666356, 281

1, 004,177379, 887

1, 303, 7371, 928, 777

394, 511290, 513806, 585364, 762300, 317543, 561394, 724

3, 413, 711667, 011

1, 407, 984395, 492281, 605316, 592

1, 426, 372266, 050364, 725412, 667254, 035

2, 865, 967

Progress of l iquidationto date of this report

Cash col-lected from

assets

including(J.1 V IClcHQopaid andrecovered

$1, 604,1251, 913, 668

438,8053, 519, 484

834,692369. 201287, 393

1, 539,158288,036111,534121,194

1, 040, 468203, 949170, 783

3, 201, 443869, 345

1, 297, 92856, 385

117,742251, 762101, 344139, 255

1, 019, 242481, 027180, 811151,16759, 468

636, 629212, 082368, 420175, 641316, 821127,353133, 968124, 488216, 495683, 636354, 210151, 124558, 867792, 313302, 765

57, 003128, 716124, 32242, 524

110, 516397, 337259, 408498, 471916, 796173, 879154, 834346, 582197,674159, 624253,176156, 664

1, 678, 017302, 570622, 326127, 544172, 735141, 037529,320119, 400183, 635168, 952127, 467

1, 407, 273


stockassessment

$149,3207,594

25,180

28,75036, 04620,00117,83515,79419, 2663,500

40, 51016, 7143,625

193,10977, 96736, 94514, 0954,913

58, 77512, 44910, 797

181, 26476,13242,0013,900

12, 500107,425

14, 0004,803

32,17718, 994

44511,71225, 05711,19268,32242, 54814, 37829, 26040, 9505, 5089,1296,1915, 8857,800

23,90029,57923, 47198, 45047, 4906,3004,563

32, 39138,77613, 6118,6578,950

52,18815, 22338, 25721, 53019,00016, 793

100, 0004,724

32, 22811, 42012, 022

126, 884

469513549554593598600606611612619620633643645649650652655656658660663664665667669670671672675679680683687689691696703708709710711713714715716719720722723724727738739740743744746748751752754755756757760761762763



TABLE NO. 44.—National banks in charge of receivers, dates of organization,assets, amounts collected from all sources, loans paid and other disbursements,remaining assets returned to shareholders October 31, 1929—Continued

Progress of liquidation to date of this report Disposition of proceedsof liquidation

Offsetsallowed

and settled

Total col-lected fromall sourcesincluding

offsets

Loss onassets com-pounded orsold under

order ofcourt

Remaininguncollected

assets


stockassessment

Assets re-turned to

share-holders'agents

Dividendspaid

Secured andpreferredliabilitiesincluding

offsets paid

469513549554593598600606611612619620633643645649650652655656658660663664665667669670671672675679

687

696703708709710711713714715716719720722723724727738739740743744746748751752754755756757760761762763

221,86412, 908

330, 37096, 31120,19231, 356

277, 59454, 21738,13212, 81294,44116, 6547,809

150, 944117, 92581, 09337, 99512, 86013, 49314,18018, 923

206, 283

28,13610, 5949,078

835, 55022, 55224, 84825, 04251, 29720, 300159,19557, 9258,741

111,677238, 6715,005

64,52053, 30212, 34810, 9601,818

14, 5281,7789,453

69, 44345, 670120^ 97389, 21925, 4319,169

42, 09211,1039,538

22, 48717, 076

385, 90222, 278131, 96710, 51910, 93229, 60344,20010, 08610, 83919,4263,371

131, 009

$2, 299, 7712,143,126476, 893

3,849, 854959, 753425, 439339, 250

1, 834, 587358, 047168, 932137, 506

1,175, 419237, 317182, 217

3, 545,4961, 065, 2371, 415, 966

108,475135, 515324, 030127, 973168, 975

1, 406, 789605, 253250, 948165, 66181, 046

1, 579, 604248, 634398, 071232, 860387,112

304, 875207, 470236, 428863, 635635, 429170, 507652, 647886, 565320, 62177, 092136, 725144, 73552, 102143, 869496, 359328, 549717, 894

1, 053, 505205, 610168, 566421, 065247, 553182, 773284, 320182, 690

2,116,107340, 071792, 550159, 593202, 667187, 433673, 520134, 210226, 702199, 798142, 860

1,665,166

$2, 756,181156, 69016, 811199,167182,447190,498370,851569,83583, 56667, 42234, 425

661, 605234, 71646, 847315,870703, 372441, 82969,160188, 56028,815113, 685190, 897

1, 040, 791707,192197, 545116, 91239, 663

1, 217, 597148, 535172, 173447, 881585, 622220, 826289, 330159, 25788, 874501, 662560, 600166, 904213, 053261, 572155, 525102,174193, 47474, 21292, 364196, 312440, 23747, 693584, 293722, 76215, 62310, 031

144, 46251, 360106,15516, 76575, 952

314, 581292,163553, 69136,89757, 938120, 952366, 022111, 564120; 251199, 28927, 601

297, 990

$120, 347515, 46811, 735

505, 85642, 82021,013

570, 747119,487

102, 268197, 7331,492

56,163840,151

555, 375

""31,941"

114, 92557, 846249, 6832,669

230, 682

12,845

92, 80779, 23710, 583

387, 337325, 393233, 084

156, 784

47,1602,116

154, 57891, 479198, 44954, 625

201,133120, 032885, 211

170, 532

"386,"830'

$50, 680142, 40624, 820

21, 25013, 95419,999182,1659,2065,734

21, 50059, 49033,28621, 37556, 891122,03388,05535, 90520, 08791, 22512, 55119, 20318, 73673,86832, 99931,10012, 50092, 57516,00045,19717, 823,31,00649, 55538, 28824, 94313,80831, 67857,45210, 62270, 74059, 05019,49215,87128, 80944,11517, 20016,10020, 4211,5291,550

152, 51018, 70020,43742, 60911, 22411, 38941, 34316, 05097, 81234, 77761, 74328, 47021, 0008,207

70, 596779, 695

20, 27617, 77213, 58012, 978123,116

286, 325398, 788315, 362665, 621463,15763,64246, 454225, 74654,03447,40033, 695164, 88115, 320

., 049, 903391,131714, 56015, 9541,286

108, 889

36,195369, 370138, 10896,762

253, 67133, 525

64, 34392, 272

70, 46430, 40529, 874

411, 264117,14421, 366168,749156, 410

10, 0474, 5078, 7269,964

27, 587220, 755117, 845492, 352179,10144,11050, 089109, 37390, 29481,186117, 57659, 050763,159137,453160, 69179, 028106, 83660, 580

148, 39447, 962146, 86544, 95337, 700751,674

$754,094258, 32234,453

1, 030, 259249, 535310, 592240, 222

1,457, 449173, 60188,64365,115917, 594182, 726144, 327

2, 306, 738552, 575591, 68276,133119,181114,163107,80093,173906, 944423,011101,878128, 68053, 723

1, 018, 046146, 686307,255138, 724261,832117, 209213,471127, 423184, 864334, 704408, 472126, 472326,720519, 783239, 71654, 514113, 764111, 05118, 72699, 847171,878169,155200, 736823, 724134, 67369, 793

239, 603123,12480, 78377,33867,830943, 273167, 333590, 69139, 94279, 91392,849

443, 38068,06348, 980126, 80185, 532674, 998



appointment of receivers, and closing, with amounts of nominal and additionallosses on assets, expenses of receiverships, claims proved, dividends paid, and

Disposition of proceeds of liquidation

Cash ad-vanced inprotectionof assets

$80, 582236, 226

2, 812437, 202117, 960

14, 2812,5801, 596

39, 943966

1,1301, 331

6561,2876,986

14, 35955, 666

65455

16, 3181,4566,864

29, 2763,9148, 2374. 780

7261.706

21,1957,6991,8543.1325.147

191,132

2161,0053, 229

36, 51795,1376^049

28172093424

6,1471, 294

55498

1, 5178,9791, 8311,3241,452

11,9172,1C7

23, 7614, 363

28372353

7,43415, 745

422194

1,7941, 811

59, 039

Receiver'ssalary,

legal, andother

expenses

$129, 463206, 93085, 355

211, 527117, 95233, 46134, 98398, 42168,13627, 94422, 58179, 59828, 43325, 075

119, 512107,17254, 05815, 73414, 99374,13511, 89832, 74364, 07140, 22044, 07121, 84216, 332

118, 48028, 14344, 21227.93929, 87618, 6C920, 92128, 15720, 73452, 39771, 95722, 66951, 39388, 74644, 22612, 53118,17318, 14515, 92416,41160, 07529, 34924, 25250, 58220, 01827, 51825, 78226, 27619, 35256, 61223, 510

187, 98930, 92240, 88530, 76515, 86526, 57053, 06917, 76330, 66326 25013, 524

103, 573

Cash inhands of

comptrollerand

receiver

$49, 30742, 86038,911

155, 24511,1493,463

15.01151,37522, 3333,979

14, 98512, 01510,18211,52862, 357

10, 5256, 819

37,128

Amountreturnedto share-holdersin cash

$350, 000

j

16,359 110, 265

187, 701...

19,085 1 -38, 905

7,073

20, 353740

64, 26534, 627

69, 26826, 48930, 630

6,0936,554

37, 50410, 906

5,29212,18744, 4766,535

20, 87730,193

197, 925

9,135

12, 932

4,29375,882

Amount ofclaimsproved

$1, 570, 6431, 850, 300

350,1531, 395, 758

801,165115, 777436, 733

L 230, 346343, 95494, 800

112, 3241, 002, 909

306, 584104. 326

1, 422, 933793 695952, 760

41, 708128, 586507, 795170, 564253. 125

1,463.173449, 779185. 297281, 433111, 002

1,636 133186, 2.59595, 923419, 180459 598247 864162, 364169, 314129,096814, 350458, 830260, 580731 291730, 740437,17751 240

250, 452174, 88699, 640

i 87, 325605, 574188, 555904, 862977, 079170, 357133,215398, 532121,511140,900328, 749222, 055

1, 904, 291374, 978868, 639174, 95398, 788

144,132976, 211151, 969163, 780224, 715112, 992

1, 500,110

Divi-dends

(per cent)

757590

1005542101715503012,55

6749.27538

20

14.32530.747

1518

14.517.2

43.4151050208.2

2020

15.31.85

1012.13562.554.118.32035256553. 53525403318.54595 538.81531. 583.518.43050

Interestdividends(per cent)

16.12

_.

Date finallyclosed orrestored

Feb . 14, 1929Aug. 30,1929June 1,1929Dec. 15,1928

Mar . 31.1929

Ju ly 31, 1929Sept. 30, 1929

Mar . 5,1929Feb . 28,1929

Oct. 31, 1929

. . .

Mar . 31,1929

Mar . 26,1929Ju ly 20,1929

Nov. 1,1928

Oct. 31,1929June 30,1929

Oct. 25,1929

Dec. 31,1928Aug. 31,1929

Mar . 22,1929Oct. 31,1929

Dec. 20,1928Mar . 30,1929Oct. 31,1929

469513549554593598600606611612619620633643645649650652655656658660663664665667669670671672675679680683687689691696703708709710711713714715716719720722723724727738739740743744746748751752744755756757760761762763




Title and location of banksDate of organ-

izationCapitalstock at

suspension

I

Receiver ap-pointed

764765770771772773774775776777780781782783784785787789794796797799

803804806807810812813814815816818819822824827830832835837839843846847850851855856857858859860861862864866867868869870872873874875877878879

1

Nowata National Bank, Nowata, OklaFirst National Bank, Castlewood, S. DakFirst National Bank, Sidney, MontStockmens National Bank, Fort Benton, MontFirst National Bank, Fort Sumner, N. MexWells National Bank, Wells, MinnFirst National Bank, Gering, Nebr _Western National Bank, Mitchell, S. DakFirst National Bank, Coalgate, OklaFirst National Bank, Mclntosh, S. DakFirst National Bank, St. Anthony, IdahoFirst National Bank, Huron, S. Dak.Farmers & Merchants National Bank, Fairbury, Nebr.First National Bank, Golva, N. Dak__First National Bank, Lingle, Wyo__. _Torrington National Bank, Torrington, WyoFirst National Bank, Poison, MontMerchants National Bank, Crookston, MinnFirst National Bank, Lake Preston, S. DakFirst National Bank, Plenty wood, Mont __.First National Bank, Sterling, ColoFirst National Bank of Fergus County, Lewistown,

Mont.First National Bank, Alexander, N. DakFirst National Bank, Pilger, Nebr. _.._National Bank of Commerce, Shawnee, Okla.Citizens National Bank, Hankinson, N. DakFirst National Bank, Carlsbad. N. MexFarmers National Bank, Burlington, KansDrovers National Bank, East St. Louis, 111First National Bank, Schuyler, NebrFirst National Bank, Morristown, S. DakCity National Bank, Huron, S. Dak.1Citizens National Bank, Julesburg, ColoFirst National Bank, Basin, WyoCitizens National Bank, Worthington, MinnNational Bank of Commerce, Rochester, N. YWeiser National Bank, Weiser, IdahoFirst National Bank, Cheyenne, WyoFirst National Bank, Bridgewater, S. Dak;First National Bank, Harrington, Wash.First National Bank, Rexburg, IdahoFirst National Bank, Putnam, ConnFirst National Bank, Beaver Creek, MinnFirst National Bank, Ozark, AlaFirst National Bank, Ulen, MinnFirst National Bank, Alma, WisMerchants National Bank, Grinnell, Iowa_._First National Bank, Algona, IowaFirst National Bank, Boise City, OklaFirst National Bank, Allendale, S. CFirst National Bank, BarnweU, S. CFirst National Bank, Center, TexFarmers National Bank, Dodge Center, Minn.First National Bank, Torrington, WyoParkesburg National Bank, Parkesburg, PaFirst National Bank, Oldham, S. DakFirst National Bank, Spring Hope, N. CStockmens National Bank, Columbus, MontFirst National Bank, Alexandria, MinnFirst National Bank, Townsend, MontFirst National Bank, Rigby, IdahoFirst National Bank, Sylvester, Ga_._First National Bank, Salem, S. Dak..Jefferson County National Bank, Rigby, Idaho *Neoga National Bank, Neoga, 111First National Bank, Excelsior Springs, MoLogan County National Bank, Sterling, ColoFirst National Bank, Buena Vista, Ga...

Aug. 23,1902Oct. 2,1901Dec. 23,1907Dec. 24,1889Feb. 28,1907Apr. 6,1903Dec. 28,1905Sept. 12,1904Dec. 8,1900Oct. 16.1908Dec. 31,1900May 19,1882Feb. 8,1913Apr. 14,1919Aug. 19,1918Feb. 3,1919Mar. 26,1909Oct. 25,1884July 24,1915May 12,1913Oct. 29,1900May 9,1904

Jan.Aug.Aug.Jan.MaySept.Apr.Sept.MayJuneSept.MayJuneFeb.Feb.Dec.Aug.JulyJan.Mar.Jan.Feb.Dec.MayApr.MayAug.Nov.Jan.Sept.Feb.Oct.Feb.Aug.MayJulyJuneJan.JuneMar.JulyJuneJulyMayOct.Oct.

22,19192,190118,192318,190619.190010.190330,19134,188211,19103.190729,190915.19167.19011,190619,190629,18703,190310,190819.190423,18644,19093,190512,190316,190628.188322.188430.191730.19179,191910.19014r19036.190827,188030,19126,191912.19189,188331,191113,191911.19025,19019,191911.19055,190511,190512,1905

$25,00025,00050,000200,00025,00075,00025,000100,000100, 00025,00050, 00065,00060,00025, 00025,00035, 00025,00075, 00025,00050, 000100, 000300,000

25,00050,000100, 00030, 000100,00055, 000

200, 00050,00025, 000

Feb. 19,1924Feb. 19,1924Feb. 26,1924

do_.....do.....do

.do.Feb. 27,1924

doMar. 1,1924Mar. 4,1924Mar. 14,1924Mar. 15,1924Mar. 18,1924Mar. 19,1924

doMar. 22,1924Mar. 24,1924Mar. 28,1924Mar. 31,1924Apr. 5,1924Apr. 12,1924

Apr. 15,1924Apr. 22,1924Apr. 28,1924Apr. 30,1924May 14,1924May 21,1924May 22,1924May 24,1924

do-_

25, 00035, 00025, 000

1, 500, 00075, 000200, 00025,00050, 00050,000150, 00030, 00035,00025, 00025, 000100,00050, 00025,00050,00050,00050,00030,00050, 00050,00025,00050,00050, 00060,00050,00080,00050,00025,00050,00025, 00025,000

150, 00050,000

doJune 12,1924June 14,1924June 19,1924June 21,1924June 23,1924July 9,1924July 18,1924Aug. 6,1924Aug. 11,1924Aug. 13,1924Sept. 20,1924Oct. 23,1924Oct. 28,1924Nov. 7,1924Nov. 12,1924Nov. 24,1924Nov. 25,1924Dec. 3,1924

do.do


.do.Jan. 8,1925

doJan. 12,1925

15,192516,192517,1925

Jan.Jan.Jan.Jan. 21,1925Jan. 24,1925Jan. 26,1925

doReceiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.




1 Estimatedgood

$288, 368168,897470,454252,126

85, 609393, 700

50, 628196, 375463,871

59, 230193, 783938, 783162, 37922,91447, 11148, 57058, 400

752, 44479, 237

133, 898269, 033

1,473,857

98, 263116,055498, 560

61,532229,143187,375365, 514183,098

10, 602

90, 751181,300225, 236

67, 500131, 765

2, 797, 972153, 794242,774132, 278

1, 883, 75066, 588

209, 28776, 607

100,759728, 525510, 55189,45385, 65395, 679

157,17369, 229

258,131234, 591

86, 664171, 583

39, 730226,188

26, 919340,171117,882

73, 357

98, 536132, 279282, 949108, 643

Estimateddoubtful

$240,02853,24632,690

798,01161, 865

901, 924253, 229509,732345, 544103, 589206,458851, 487

91, 50676, 45452, 91446, 686

109, 949557, 258109, 207191, 366566, 659

2,307, 203

112, 856138,972449, 972107. 787691, 804218, 309351r033331, 264100, 832

97, 738116,219214, 643

1,337,085433,357

2, 820, 497133,845120, 621184, 316186, 081

89, 37793. 641

146, 58175,474

286,488212,738120, 273200,41197,13166, 323

417,62625, 54666, 923

114,512102, 56875,311

330,01352, 930

342, 625105, 566106, 969

66, 30799, 534

351, 68844, 232

Estimatedworthless

$115,81164,991

290,148453,15620,17015, 871

113, 727261,195161, 52148, 945

218, 988265, 511148, 925

35, 84267, 22450, 49851, 548

344, 707201,387

58, 241282, 733833, 221

87, 29974,016

264, 22497,13071, 37277, 534

164, 452164,900109, 728

86, 93044, 739

102, 4132, 271, 292

551,491585, 84235, 20229, 402

503,666182, 20135,16769,00199, 673

113, 448450,521

80,49323, 857

129,16168, 28346, 307

370,42999, 81775, 618

105, 88082, 60481, 382

493,467105, 961275,193

65, 80367,459

49,12619, 411

284, 52055, 780

Additionalassets

receivedsincedate of

suspensionincludingdividendspaid andrecovered

$183, 59328,971

113,36988, 33010, 85587, 52946,988

236, 48373, 75733, 032

151,403358, 092

41, 8327, 7538,903

39, 58256,161

118,27218, 26655. 40656, 625

339, 934

21,98946,870

130,14118,146

256, 84259, 61835, 90738, 37752, 738

33, 75027, 96460, 694

1,183,344467, 635720, 689

20, 76327, 42761, 677

331,8179,600

50,05026,11527, 843

194, 70481, 50232, 59434, 46933, 66526,16438, 33872, 83589,45156, 34135,15542, 32858,09226, 327

140,18734, 33514, 334

9,26755, 958

104, 47519, 890


$25,00025,00050,000

200, 00025,00075,00025,000

100,000100,00025,00050,00065,00060, 00025, 00025, 00035, 00025, 00075, 00025,00050, 000

100,000300,000

25, 00050.000

100', 00030, 000

100, 00055, 000

200, 00050,00025,000

25,00035, 00025,000

75, 000200,00025,00050,00050,000

150,00030,00035,00025, 00025, 0G0

100,00050,00025,00050,00050, 00050, 00030,00050, 00050, 00025,00050, 00050, 00060,00050, 00080,00050. 00025,000

25, 00025, 000

150, 00050, 000


assessments

$852,800341,105956, 661

1, 791, 623203, 499

1, 474, 024489, 572

1, 303, 7851,144, 693

269, 796820, 632

2, 478, 873504, 642167, 963201,152220, 336299, 058

1, 847, 681433,097488,911

1, 275, 0505, 254,215

345, 407425,913

1,442, 897314,595

1, 349,161597, 836

1,116, 906767,639298,900

334,169405, 222627, 986

4, 859, 2211, 659, 2487,125,000

368, 604470,224931, 937

2, 733, 849230,732456, 979373, 976342, 524

1, 760, 238935, 284291,177499, 694344, 758345, 967925, 622506, 329516,583388, 397441, 910288, 751

1,167, 760262, ] 37

1,178,176373, 586287,119

248, 236332,182

1,173, 632278,545

Progress of liquidationto date of this report


assets

includinguivKieiiuspaid andrecovered

$373,834164, 582546, 528824, 843103, 308807,931155, 564691,490461, 864104,194421, 656

1,052, 798265, 654

58, 39477, 02086, 550

124, 8991,102,411

189, 798130, 924618,411

2, 445, 985

127, 571129, 371697, 427147, 787559,014290,189549, 293334, 684127,125

182, 295207,281265,187

2,141, 847632, 813

3, 516,892213, 540250, 930317,390

1, 873, 63990, 524

151, 653155,576145, 714650, 093472, 006163, 094168, 252137, 580184,614281,881251, 209340, 328187, 772242,14196,101

575, 75676,152

606, 999157, 010136,155

124, 029197, 315527, 858

J 112,576


stockassessment

$22,63011,91223,803

114,99014,83523,5608,540

48, 43611,1795,500

25,18620, 66433, 652

2,1577,178

16, 83012,15517, 829

2, 84518,00430, 270

168, 808

9,1617,241

4507,323

79, 46731,986

100, 67323, 35315, 274

11, 52315, 7008, 750

19, 61480, 34918, 43445, 89715, 450

147, 2848,901

5776, 761

18,39978,16930, 5008, 270

21, 73222, 09718, 66412, 88712,14039, 54517, 34142, 96529, 75345, 77820, 85046, 80923,363

3,664

23, 6435, 053

111,66624,016

76476577077177277377477577677778078178278378478578778979-4796797799

80380480680781081281381481581681881982282482783083283583783984384684785085185-5856857858859860861862864866867868869870872873874875877878879



TABLE N O . 44.—National banks in charge of receivers, dates of organization,assets, amounts collected from all sources, loans paid and other disbursements,remaining assets returned to shareholders October 31, 1929—Continued

764765770771772773774775776777780781782783784785787789794796797799803804806807810812813814815816818819822824827830832835837839843846847850851855856857858859860861862864866867868869870872873874875877878879

Progress of liquidation to date of this report

Offsetsallowed

and settled

$62,9785,326

22, 75530,13015,24687,14755,03737,28832,94213,4496,250

84,22341, 9324,5865,027

16,86922,031

160,5606,3351,478

92, 563509, 446

13,4915,418

97, 5993,368

31,36425,44931,81943, 3614,907

18,35753,84957,750

19,418608,98222,26612,70140,105

185,1457,222

15, 67425,67721,94875,73829,03042,00810, 3707,084

31,06827,86753,06050,48017,89233,5593,335

47,05941,82822,2842,702

12,059

17,37526,67691,0246,780


offsets

$459,442181,820593,086969, 963133,389918,638219,141777, 214505, 985123,143453,092

1,157,685341,23865,13789,225

120,249159,085

1,280,800198, 978150,406741,244

3,124, 239150,223142,030795,476158,478669,845347,624681,785401, 398147,306

212,175276,830331, 687

2,141,847671,845

4,206,223254,240309, 528372,945

2,206,068106, 647167, 904188,014186,061804,000531,536213,372200, 354166, 761234,346322,635316,409430,353223,005318,665129,189668,593138,830676,092183,075151,878

165,047229,044730, 548143,372


order ofcourt

$169,395146,19752,629

224,83059,945

227,91863,817

475,007273,005127,153342, 726260,997137,05679,98394,10510,868

127,128140,615211,964306, 509273,831632, 593179, 345240,489547,871133,440639, 386227,198

56,008131,348141,868

108,517109,092265,861

1,238,891353,121

2, 781,252107, 79848, 569

524,442145, 357102,986128, 920160,03248,195

471,281136,752

15, 618271,072150,09480,159

174, 35442, 73651,239

157, 733116,210

453,23579,430

269, 386163,874113,905

81,83274,415

109,151109,189


assets

$221, 593

284, 749511,820

276,"028"190,154

276,882

1,015,855

71,049

369,095

190, 2451,366,191

635

19,397

279,786208,246

14,1881,478,483

578,89617,874

108,024

379, 708

125,7327,691

101,667463,126247,49645,457

~~126~411, 520109,32424, 536

139, 31531,71014,727

199,507

" 8,~776~295,599


stockassessment

$2,37013,08826,19785,01010,16551,44016,46051, 56488,82119, 50024,81444,33626, 34822,84317,82218,17012,84557,17122,15531,99669, 730

131,19215,83942,75999, 55022,67720,53323,01499, 32726,6479,726

13,47719, 30016,250

55, 386119,651

6,5664,103

34,5502,716

21,09934,42318,2396,601

21,83119,50016, 73028,26827,90331, 33617,11337.86010,4557,6597,035

20,24714,22229,15033,79126,63721, 336

1,35719,94738,33425,984

Assets re-turned to


Disposition of proceedsof liquidation

Dividendspaid

$141,42452,259

134,840380,98944,909

430,18234,585

199,59134,19521, 276

107,300250, 718158,070

3,03819,48841,48832,188

987,25585,80240,063

356,9431,188,858

50,47833,924

343,64697,954

280,766141,255374,735223,82220,123

89,136162,956110,951

98,1662,060,447

152,379110,77260,648

1, 527, 55226,127

65, 324198, 377294,642

18,25258, 69057, 917

118,91338, 617

182, 556274,821 •153,939216, 71941,673

416, 52851, 601

128,49527,78861,884

69,414145,598387,48544,400


offsets paid

$217,363100,495417,445507,553

74,188362,465139,681507,624420,945

85, 529314,453742,461137, 35852,33048,31450, 248

107, 586173,25175,09791,077

310, 5351, 518,902

80,29174, 970

396,02734,514

322,694156, 969230,086112,055108,686

99,44787,701

155, 9102,016, 742

373,4441,894,295

66,535167, 548288, 991538, 72462,263

134,230136,06280,940

483,383164,938150,283125,20996,19257,053

208,08688, 937

117, 37548,51266,79062,578

146, 39363,793

499,867139,95568, 713

68, 74632,954

279,20574,402






$5,859923528

2,0431,299

36,1468,7188,7043,050

1021,630

14, 4154,773

6001,5233,009

7493,711

15, 553103

8,86125, 032

1353,734

595

475784

12, 4909, 338

868

2728

1, 68948

19, 6434,2695,5471,709

2203,037

3572,8451, 265

23, 44712, 3876,623

296615

1,702439

6, 37611448

12729

16, 3881 9134,483

6,9821,2555,442

2

Receiver'ssalary,

legal, andother

expenses

$46,92528,14334, 79956, 56012, 99367, 61633, 46961, 29538, 61016, 23629, 70974, 87841, 0379,169

19, 90021, 33318, 56279, 62622, 52619,16353, 075

122, 99019, 31918,21755, 20825, 97846, 09533, 03754, 99430, 05517, 629

23. 59025, 44523, 78096,13082,162

153, 07429, 77921, 20623, 08683, 72018, 25712, 42022,17131, 62254, 83651, 22018, 80216,15912, 03729, 89833,14530, 21419, 47220, 50635, 02924 20041, 63315 73336, 89215, 33221, 281

19, 92526, 99255, 29324, 568

Cash inhands of

comptrollerand

receiver

$47,871

5,47422, 818

22, 2292,688

9,185

75, 213

4,171

36, 957

11, 830268, 457

11,185

3219, 81515, 5799,480

26,128

39, 35728, 87798, 43094,138

8,293

53, 035

20, 89726, 9366, 910

43, 9578,349

19, 412

26, 78042, 3488, 326

18, 571

70947, 6515 7906, 355

22, 2453,123



$398, 867163, 680315,115439, 85974, 324

892, 036273,146368, 210686, 591131,397543, 218

1, 520,160ago iDo

100, 26186, 61451,861

114, 3441, 352, 396

275, 451320, 504677, 197

2, 847, 566187, 884204, 824707, 585205, 781467, 9f«3285, 235468, 443497, 579

97, 549

164, 456215, 841394, 869

982, 5554, 358, 572

210.983170, 520630, 860

1, 865, 997114, 828271,129200, 595218,112

1,186, 896654, 74387, 906

287,103164,187237, 573723, 463228, 204343, 511239, 858248, 057138 903832, 72173 718

755, 81873, 740

154, 723

115, 661242, 589455, 794

73, 542

Divi-dends

(per cent)

3531.9368860.35451047.6

514. 119.751666. 33.03

22.580287331. 1512.550402616. 674847.66040804514. 5

54.275. 527

104972.2659.6

8022. 7533

3016451019.733.9505

808064. 18833050701723.540

60607549


.:

- —


June 30,1929

June 30,1929

Oct. 31,1929

Apr. 15,1929Aug. 6,1929

Sept. 30,1929Nov . 1,1928Oct. 31,1929

Dec. 31,1928

Oct. 31,1929Nov. 1,1928

Jan. 30,1929

June 1,1929

Aug. 30,1929

Oct. 31,1929Sept. 23,1929

Oct. 16,1929

Feb. 15,1929

Ju ly 3,1929

Jan . 31,1929Dec. 31,1928

Sept. 30,1929Dec. 31,1928

Sept. 30,1929July 16,1929

M a y 31,1929

June 30,1929

764765770771772773774775776777780781782783784785787789794796797799803804806807810812813814815

818819822824827830832835837839843846847850851855856857858859860861862864866867868869870872873U.7A.875877878879





ization

Capitalstock at

suspension

Receiver ap-pointed

880881882884885886887888892893894895898899901902904905909910911912913914

915916917918919920921922923924925926927928930931932933935939941942943944945946947948950951952954955957958959980961962963

964965

First National Bank, Hampton, GaPerry National Bank, Perry, IowaFarmers National Bank, Hempstead, TexasThe National Bank of Abbeville, Abbeville, S. CCommercial National Bank, Charleston, S. CFirst National Bank, Quincy, FlaNational Bank of Commerce, Pierre, S. DakBlack Hawk National Bank, Waterloo, Iowa L__First National Bank, Atwater, Minn.First National Bank, Renville, MinnFirst National Bank, Idabel, OklaFirst National Bank, Pleasantville, Iowa.__First National Bank, Wapanucka, OklaFirst National Bank, Matoaka, W. VaCity National Bank, Clarksville, Tex_First National Bank, Montpelier, Idaho___First National Bank, Lemmon, S. Dak—_Commercial National Bank, Greenville, TexGeorgia National Bank, Athens, GaOsceola National Bank, Osceola, IowaFirst National Bank, Wimbledon, N. DakFirst National Bank, Hedrick, Iowa1

First National Bank, Jasper, MinnFirst National Bank of Las Vegas, East Las Vegas,

N. Mex.First National Bank, Conyers, Ga _ _.Hugo National Bank, Hugo, Okla _.First National Bank, Carnegie, PaBurgettstown National Bank, Burgettstown, PaFirst National Bank, Selma, N. C.._First National Bank, Madison, S. DakFarmers National Bank, Louisburg, N. C__First National Bank, Florence, S. C _.First National Bank, Clear Lake, S. DakFirst National Bank, Crandon, Wis.City National Bank, Hugo, OklaFirst National Bank, Springer, N. MexMerchants National Bank, Detroit Lakes, MinnFirst National Bank, St. Cloud, MinnFirst National Bank, Abercrombie, N. DakFirst National Bank, Wausa, Nebr _._First National Bank, Redwood Falls, MinnFirst National Bank, Lumberton, N. CFirst National Bank, Lake Park, MinnGtobe National Bank, Denver, ColoFirst National Bank, Warren, MinnFirst National Bank, Winifred, Mont_._ _._First National Bank, Hallock, MinnFirst National Bank, Buffalo, MinnManilla National Bank, Manilla, IowaLoveland National Bank, Loveland, Colo_.._Winner National Bank, Winner, S. DakMuskogee Security National Bank, Muskogee, Okla—First National Bank, Forest City, IowaDavenport National Bank, Davenport, WashFirst National Bank, Pasco, WashFirst National Bank, Howard, S. DakGregory National Bank, Gregory, S. DakFirst National Bank, Sac City, Iowa__.First National Bank, Brooklyn, IowaWarren National Bank, Warren, MinnFirst National Bank, Covington, Ga _.First National Bank, Delano, Minn _First National Bank, Creston, Iowa * _._Farmers & Merchants National Bank, Cannon Falls,

Minn.Farmers National Bank, Lake Preston, S. DakFirst National Bank, Jefferson, Iowa

JulyJan.Apr.Oct.MayMayFeb.Apr.JuneDec.Dec.Aug.Aug.Nov.Oct.Aug.Oct.Nov.Oct.Oct.Feb.Aug.Oct.Aug.

13,19112,19125,189316,18855,19144,190413,189017.190315,191419,190210,19062.19008.19017,19188,19149,190416,190824.190414,19028.19017,190311,19007.190225,1879

Sept. 3,1918Apr. 11,1905M a y 16,1892Jan. 25,1879M a y 7,1915Mar. 29,1884Aug. 1,1912Mar. 23,1910June 28,1902Mar. 16,1909Feb. 10,1922Oct. 18,1919Feb. 9,1906Sept. 25,1882Aug. 25,1906Mar. 27,1911Mar. 11,1901July 21,1904Feb. 10,1904Feb. 5,1920M a y 18,1901M a y 17, 1917Aug. 5,1903June 7,1917Nov. 12,1901Feb. 14,1906Sept. 20,1921Nov. 8,1922Feb. 20,1893Dec. 22,1904Aug. 22,1908Nov. 29,1902Mar. 23,1909Oct. 6,1890Dec. 22,1884Dec. 28,1918Oct. 28,1907Nov. 23,1910Oct. 22,1881Feb. 14,1903

July 20,1915Mar. 26,1906

$50, 00075,00050,00075,000200,000100,000100,000200,00025,00025,00080, 00025,00025, 00050,000200, 00050,00050, 000150, 000400,00025, 00025, 00025, 00030, 000200, 000

75,000200, 000100, 000100, 00030,00050,00025, 000150, 00025, 00050, 000100, 00050, 00060,000250, 00025,00075, 00070,00050,00025, 000200, 00050, 00025, 00060,00050, 00025, 000100, 00060, 000200, 00075, 000100,00050,00050,00050, 00050,00050, 00050, 00050,00025, 00050, 00025,000

25, 00050, 000

Jan. 27,1925Feb. 5,1925Feb. 7,1925

do..-..doFeb. 11,1925—_doFeb. 13,1925Feb. 14,1925

doFeb.Feb.Mar.Mar.Mar.Mar.Apr.Apr.Apr.Apr.Apr.Apr.MayMay

18,192521,19252,19253,19259,192513,19252,19256,192517,192522,192523,192524,19251,19254,1925

May 12,1925dodo.

May 14,1925May 16,1925May 21,1925May 22,1925

do.May 25,1925May 29,1925June 5,1925June 15,1925June 22,1925June 24,1925June 30,1925July 9,1925July 29,1925Aug. 4,1925Aug. 24,1925VOct. 1,1925Oct. 10,1925Oct. 15,1925Oct. 16,1925

17,192520,192522,192524,1925

7, 1925

Oct.Oct.Oct.Oct.Nov,Nov,Nov.Nov.Nov,Nov,Dec.Dec.Dec.Dec.

14,192517, 192521,192524,192525,19252,19254,19255,19258,1925

Dec. 12,1925. . . . .doDec. 17,1925

doDec. 23,1925

1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.



Book value of assets at date of

Estimatedgood

$46,072462,489121,388276, 265231, 376187, 303597,405

105, 342202, 858109, 00698,18859,946

566,624114,95277,160

308, 378438, 483

1,916, 32885, 81839, 5801,464

84, 230432,119

69, 206462, 972

1,138, 223975, 738165,454237, 38479,087

1,360,861146, 042242, 760105, 551183, 276151, 253686,888106, 552221,01288,616

398, 70174,204

2, 539,75770,95724, 780

108,822201, 553

50,137211,496

39,0591, 619,895

86, 914276, 703195,123217, 976249,092178,986206, 238

75, 744130, 58062, 348

199, 47383, 583

49, 295252, 574

suspension

Estimateddoubtful

$61, 249214,831126,969153, 733643,034259, 814223,923

173, 594118, 611156, 439114, 209147, 713

5,820210, 730117, 326154,731263, 743743, 75756, 263

104,97434,182

225, 016321, 751

155, 373397, 029511,485497, 425104,954207,006

50, 26987,000

165, 713232,165107,02130, 540

273, 8381,451, 826

89', 517253, 375303,046105, 297189, 398

1,397, 671306, 034

51, 206289,048394, 798

83, 259358, 406

74,124420,098410,152234,168132, 489190,132193, 265260,317327, 604322, 513

73, 816169,269

205, 437

70,064133, 356

Estimatedworthless

$44,929172, 32521,142

113, 575486, 938134, 405351, 952

255, 420148, 063125, 051130, 451130, 586

27118, 252382, 089147, 372227,107585, 89670,15644, 31735, 385

206,922353,190

56, 230494, 309317,405524, 290

29, 654279, 242

208,973158, 70543, 489

167, 57150, 267

204, 814398,048

58, 524305, 255127,066124,828

71, 312962, 987198, 31528, 63493,098

168, 96255, 521

115, 25936,131

568, 726237, 764171, 526115, 70651,46417, 215

233,473267, 819

74, 28568, 22054, 652

141,95676,179

90, 524109, 620

A f\ f\ \ f~i /"in Q 1xxdCIltlOIldil

assetsreceivedsincedate of


$25, 25469, 95660, 49523, 74358, 30776,44880, 760

158, 21126, 69030,1279,847

76, 53825,176

330, 8149,433

67,07664, 290

129, 073287, 458

24, 84824, 023

85678,13662,185

16, 791159, 923110, 28368, 30816, 66073, 7917,494

31,51341, 09547,09026, 97811,09546, 466

265, 70317, 481

234, 90549, 35018, 64942, 862

316,14633, 5797,400

33, 91871, 36911, 522

122, 38220, 205

236, 62047, 57496, 283

131, 83627, 51786, 42889,45661,61445,1337, 490

75, 88954, 82817, 023

31, 37052,000


$50,00075,00050,00075, 000

200,000100, 000100,000200,00025,00025,00080,00025, 00025,00050,000

200,00050,00050,000

150,000400,00025,00025, 00025, 00030, 000

200, 000

75,000200, 000100,000100,00030,00050, 00025,000

150,00025, 00050,000

100,00050, 00060,000

250, 00025,00075,00070,00050,00025, 000

200, 00050, 00025,00060,00050, 00025, 000

100,00060,000

200, 00075,000

100,00050,00050,00050, 00050,00050,00050,00050,00025,00050,00025,000

25, 000. 50,000


assessments

$227, 504994, 601379,994642, 316

1, 619, 6*55757, 970

1, 354, 040358, 211586, 046524, 659480, 343444, 386388, 421953, 285653, 367693, 651724, 771

1, 208, 4063,933, 439

262, 085237, 89496, 887

624, 3041, 369, 245

372, 6001, 714, 2332,177,3962,165, 761

346, 722847, 423161,850

1,838, 347536, 555615, 504507,121325,178736,371

3, 052, 465297, 074

1,089, 547638,078697, 475402, 776

5, 416, 561658, 885137, 020584, 886886, 682225, 439907, 543229, 519

3,045, 339857, 404878, 680625,154537,089596,000812, 232913, 275567, 675330,106387,158446, 257407, 222

266, 253597, 550



assetsincludingdividendspaid andrecovered

$61, 226467, 623177, 858357, 051370, 660354, 504720, 446158, 211188,193289, 391124, 972188, 993104, 981529, 855214, 859370, 436366, 915535, 307

2,029, 312119, 342107, 39914, 580

249, 463558, 636

104, 622707, 800

1,414, 2501, 237, 019

134, 627353,638

58, 3161,131, 610

221, 677298, 735179, 349160,011346, 501

1,176, 351142, 509357, 273304, 366415,433173,142

2, 902, 845163, 859

37, 488193,838517,915101, 392342, 333

95, 0741, 927, 853

308,211451,814378,038260, 585227, 771378,186473, 525191, 944122, 350197,633324, 967172, 839

81, 806330,446


stockassessment

$31,29029,45736,06849, 571

125,83867, 75341, 000

144, 5608,2001,000

30,41124,150

44, 49755, 24742, 421

3,44684,928

313, 0:98,438

19, 59614, 61310, 381

110, 834

42, 44655, 85113,95283, 40311, 30221,90011,38089,472

7,44231, 74230, 24720, 68745, 617

161, 3309,746

69,82530, 99424, 30013, 73687,00621,8541,100

42, 03212,10011, 70092,61017, 088

134, 94522, 68694, 50012, 69323, 45130, 80230, 24635, 60010, 45842,12316,54821, 9006, 875

8, 7648,000

88G88188288488£88C88788£89289289489£89£89£90190S90490£90E91C91191$QIC914

9L91(91 '91*91*92(92192S92C92492,92(92*92893(9393i93;93,93<949£94?94'9 494(9494?95(959595<9595959596969696

9696





881882

885

892893894895898899901902904905909910911912913914915916917918919920921922923924925926927928930931932933935939941942943944945946947948950951952954955957958959960961962963964965

allowedand settled

$4,52737,72626,48341,99565,96737, 04458,821

16, 36623, 88144,1895,8216,053

194,89023, 52311, 49132, 47676, 663346,1514,1098,671

22, 540137, 8963,854

131, 27390, 76964,16320, 36510,86718,14996, 6629,11039, 90415, 27720, 53927,142120, 71611, 21838,10521, 88326, 774

604, 90812, 6827,23915, 74853, 59531, 78139, 3268,892

. 310, 45910, 97827, 48429, 56021,91349, 28620, 65628, 41515, 55210, 49922, 201

20, 79215, 92027, 564


offsets

$97,043534,806240,409448,617562,465459, 301820, 267302, 771212, 759314, 272199, 572218, 964111, 034769, 242293, 629424, 348402, 837

2, 688, 522131, 889135, 66629,193

282, 384807, 366150, 922894, 924

1, 518, 9711, 384, 585166, 294386, 40587, 845

1, 317, 744238, 229370, 381224, 873201, 237419, 260

1, 458, 397163, 473465, 203357, 243466, 507225,185

3, 594, 759198, 39545, 827

251, 618583, 610144, 873474, 269121, 054

2, 373, 257341, 875573, 798420, 291305, 949307, 859429, 088537, 540217, 954174,972236, 382346, 867200, 506106, 490366, 010


order ofcourt

$111,751187,723117,787

• 168,270983,028

89, 338164, 087

86, 77153, 28378, 005

224, 572252, 387

52, 641214,985261, 724275, 380

50, 7731,157, 976

113, 63496, 8248,419

318, 662472, 713189,124193, 743572, 377380, 602140, 706104, 270

60, 385145, 975

37, 48040, 50184, 37894, 398

105, 987119,889

12, 310573, 873213, 746205, 268151, 252242, 743

95, 41407, 293

4,91833, 06967, 266

425, 8846,034

108, 493274, 289138, 299

35, 23462,14132, 23878, 464

166, 41529, 337

147, 25717, 69371, 29040, 900

115, 49383, 854


$226, 5297,866

177, 084310, 686

269, 716133,104153,177

125, 899

395, 663

48, 8883,639

481, 417

383, 97721, 024

328, 648

314,100243, 288186, 364128,117

230196, 741

1, 385, 509106, 03745, 29628, 083

15, 0751, 466, 0G5336, 930

310, 382232,103

59, 519498, 529188, 926161, 083132, 322142, 450236, 705284, 926194, 920280, 842

124, 631

147, 69128, 034

105, 686


stockassessment

Assets re-turned to


$18,71045,54313,93225,42974,16232, 24759,00055, 44016,80024, 00049, 589

85025, 0005,503

144, 7537,579

46, 55465, 07286, 94116, 5625,40410, 38719, 61989,16632, 554144,14986, 04816, 59718, 69828,10013, 62060, 52817, 55818, 25869, 75329, 31314, 38388,67015, 2545,175

39, 00625, 70011, 264

112, 99428,14623, 90017, 96837, 90013, 3007,390

42, 91265, 05552, 3145,500

37, 30726, 54919,19819, 75414, 40039, 5427,8778, 45228,10018,12516, 23642, 000

Dividendspaid


offsets paid

$31,168246,166132,083362,268293,928210, 746298, 208

2 151,158157, 253183, 34362,16582, 24215, 323

408, 222$6,159

204, 735334,662450, 355

1,106, 39957, 056

110, 091

110, 675520, 229

48, 105330, 872

1, 253, 3451,153, 765

27, 09487, 69529, 652

186,192134, 462123, 209

85, 96970, 910

286, 511393,815114, 448139, 705226, 714253, 858133, 584

2, 030, 220

13,154116, 959366, 505

52, 355346, 21465,122

1,117,164114, 688283, 761213, 932168, 552

59, 788249, 991262, 625

30, 63085, 609

139, 36418, 563

126,16114, 248

155, 662

$51,269171,04054,79454,632

201,310189, 489332,957151,158

17, 50261, 33597,103

112, 35180, 540

295, 012166, 663184, 084

33, 987155, 684

1, 376, 04860, 9649,573

20, 735134, 372224, 220

68, 915488,012210, 792136, 727

90, 564247, 054

42, 9151, 066, 915

70, 778141,46797,136

107, 00181,437

750, 72911, 325

231, 88170, 399

193, 25744, 728

1,187,148117, 695

26, 78690, 756

107, 47352, 213

105, 70725, 793

1, 081, 390160, 547236, 597141, 641

83, 567175, 737118, 358160,154128, 464

53, 84847, 571

279, 38840,87962, 395

159, 7562 68.5165 per cent paid by purchasing bank and 7.0625 per cent paid by comptroller 's office.3 Including dividends paid through or by purchasing banks.






$133779

5, 0603,7053 4798,226

36,817

8272 7661,072

2242,668

4468

1,87227, 69093 050

303595

128298

4 9^8413

3 157

7,929

4,5293,6155,5471 131

578,989

171,176296

4,607721

3,54328,163

7,42428

5, 84313,224

125

6,84712,408

3, 6233,8205, 384

36, 6172,6123,5125,274

1845,115

33, 000610

61

Receiver'ssalary,

legal, andother

expenses

$14, 47348, 30925, 71128, 01263, 74834, 62785, 661

45525,64022,00631, 36524, 37114,94737, 03424,49535,06132, 31661, 66771, 38013, 56615,4076,382

21, 73562, 78920,03842, 68754,42155,06028,897

' 30,16415,27845,24118, 84450, 88321, 87717, 34932, 37770, 00914, 78328, 54127, 66719,39215, 594

163, 87430, 054

5,85927,92932, 81213, 81714, 69717, 47469, 27231, 80023, 68432, 57130,48428, 91240, 23643, 35734, 58220, 46920, 25115, 91623, 22513,17637, 525

Cash inhands of

comptrollerand

receiver

$68, 51222, 761

16, 21366, 624

11, 53744, 822

7,867

26, 3066,308

1,50241, 645

2,07615, 602

13,56628, 405

35, 87619, 73913, 563

14, 86710, 53049, 27518, 7605,9209,946

72, 66822, 62160, 46931, 742

27, 736185, 354

43, 222

10,13163, 59626, 363

7,65112, 66598, 58422,43226,13328, 32717, 9626,805

17,89167, 89219,00414,86224, 081

9,63116, 67113,006



$86, 522616, 317176, 040393, 777901,144296,176744, 412200,000491,417366, 553222, 018210, 775225, 327502, 01390, 428

305, 074537, 930670, 325

1,088, 547133, 490158,433

25, 000361, 355710, 218132,039759, 638

1, 493, 8531, 647, 831

180, 939523, 778

63, 094413, 861372, 580332,130201 420118,187477, 519

1,842, 696228, 993552, 446377, 872366, 272297,459

3, 692,116449,134

58, 950377, 253619, 394131,384483,387

65,1161, 372, 315

599, 031405, 996303, 947327, 692245,190499J 978595, 612319, 503155, 682232, 274

50,000315,411117, 857277, 211

Divi-dends

(per cent)

3640759227.86540

2 75. 57932502838.3

6.7580

10059.562.265

3 10037.169.5

3073.25304083.9701516474535354360602050256069.314555

22.330604075

1008019707050205045

8556037.125401055


6.34


F e b . 11,1929

J u l y 15,1929M a y 22,1929

Sept . 30,1929

N o v . 1,1928J u n e 22,1929

F e b . 28,1929A p r . 15,1929

Dec . 31,1928A u g . 15,1929

J u n e 30,1929

Oct . 15,1929

Dec . 31,1928

J a n . 30,1929

Oct . 25,1929

M a r . 29,1929

88088188288488588688788889?,893894895898899901902904905909910911m?,913914915916917918919ftfO

922

924925926927928930831932933935939941942943944£45946947948950951952954955957958959960961962963964965

79003°—30



TABLE NO. 44.—National banks in charge of receiversf dates of organization*assets, amounts collected from all sources, loans paid and other disbursements*remaining assets returned to shareholders October 31, 1929—Continued


izationCapitalstock at


pointed

966967968971972973974975976977978979980982983

984985986987

9909919929939949959969979989991000100210031004100610071008100910101011101210131014101510161017101810191020102110221023102410251026102710281029103010311032103310341035103610371038

Drovers National Bank, Denver, ColoFirst National Bank, Rifle, ColoHome National Bank, Cleburne, TexSecurity National Bank, Mason City, Iowa..Glasgow National Bank, Glasgow, MontNational Bank of Luverne, Luverne, Minn__First National Bank, Greensboro, GaBroadway National Bank, Denver, ColoFirst National Bank, Tama, Iowa _.First National Bank, Waukon, Iowa...First National Bank, Gilmore City, IowaFirst National Bank, Poeahontas, IowaCando National Bank, Cando, N. DakFirst National Bank, Ada, Minn.First JN ationai .Ban*:, Ada, ivimnNational Bank of Wessington Springs, Wessington

Springs, S. Dak.Farmers National Bank, La Moure, N. DakFirst National Bank, Estherville, IowaStockmens National Bank, Brush, ColoLiberty National Bank of South Carolina, at Columbia,

S. C.iFirst National Bank in Kiefer, Okla _.First National Bank, Marion, N. DakSpirit Lake National Bank, Spirit Lake, IowaFirst National Bank. Deep River, IowaFirst National Bank, Blue Mound, 111 _First National Bank, Intake, MontFirst National Bank, Frankfort, S. DakMoline National Bank, Moline, Kans _.First National Bank, Fulton, Mo .,___First National Bank, Shenandoah, IowaFirst National Bank, Cambridge, IowaFirst National Bank, Oktaha, Okla,Citizens National Bank, Wayne, NebrFirst National Bank, Noblesville, Ind _.First National Bank, Jonesboro, Ark _First National Bank, Hay den, Colo. _ __.First National Bank, Barnsdall, Okla •_Palm Beach National Bank, Palm Beach, Fla._First National Bank, Benson, MinnDe Smet National Bank, De Smet, S. DakFirst National Bank, Milford, IowaFirst National Bank, Dimiba, Calif.1-First National Bank, Glenwood, MinnJ} ILOl lâiilUUEM. UiXlltL, U1BUWUUU, XVXJ.1111

Whitbeek National Bank, Chamberlain, S. DakFirst National Bank, Cumberland, IowaGuthrie County National Bank, Panora, IowaFirst National Bank, Royalton, MinnFirst National Bank, Pepin, WisFirst National Bank, Woonsocket, S. Dak..Peoples National Bank, Bennettsville, S. CFirst National Bank, Eldorado, 111First National Bank, Adrian, MinnFirst National Bank, Colman, S. DakFirst National Bank, Waubay, S. DakFirst National Bank, Akron, ColoOakes National Bank, Oakes, N. Dak ___National Farmers Bank, Owatonna, Minn_,_ _Anamoose National Bank, Anamoose, N. DakFirst National Bank, Veblen, S. DakFarmers National Bank, in Lidgerwood, N. DakFarmers & Merchants National Bank, Merced, Calif. _National Security Bank, Fairfax, S. C .._First National Bank, Lake Norden, S. DakFirst National Bank, Fulda, MinnFirst National Bank, Boswell, OklaNational Bank of Franklin, Franklin, TennFarmers & Merchants National Bank, Lake City, S. (5.City National Bank, Bismarck, N. Dak

Dec. 18,1919Dec. 5,1901June 17,1915July 16,1913Feb. 19,1907Dec. 4,1907Aug. 1,1903Aug. 22,1922Aug. 5,1871Apr. 22,1893Dec. 2,1902May 12,1904July 16,1904Apr. 13,1900Nov. 17,1924

Mar. 1,1910Jan. 23,1892Dec. 22,1906Feb. 10,1910

July 15,1922Apr. 30,1908Dec. 12,1905Mar. 14,1903Aug. 19,1909Nov. 29,1916Dec. 26,1914Aug. 31,1906Aug. 7,1906May 5,1877Oct. 25,1907May 13,1911Aug. 28,1908Mar. 1,1893Dec. 20,1905Apr. 16,1915Sept. 17,1919Nov. 6,1924Feb. 24,1902May 1,1900Aug. 3,1900May 12,1908Apr. 11,1905Nov. 14,1908June 17,1904July 9,1884Apr. 9,1903Apr. 7,1915Aug. 6,1901May 21,1915Dec. 17,1904Oct. 7,1905Feb. 20,1903Jan. 31,1902Feb. 4,1907Mar. 24,1903May 29,1893Mar. 24,1909Aug. 16,1910May 11,1925Jan. 4,1913Mar. 23,1925Mar. 3,1915Dec. 14,1901Feb. 16,1905May 25,1871Dec. 26,1914Nov. 12,1909

$200,00050,000100,000100,00075,00025r00050,000200,00075,000100,00025, 00075; 00025, 00050, 00025,000

50,000100, 00035,000500, 000

25,00025, 00050, 00025, 00025, 00025, 00025, 00050, 000100, 00050,00080,00025,00060,00062, 500100,00025,00025,00050,00025, 00050,00035,000200,00035,00050,00025,00050,00025,00025. 00050,00050,00050,00035,00025,00025,00040,00025,00075,00025,00040, 00025,000100,00025,00035,00025, 00050,000

100, 000100, 000

50, 000

Dec. 24,1925d

Dec. 28,1925Dec. 29,1925

dDec. 31,1925Jan. 9,1926Jan, 16,1926Jan, 18,1926

dodo_

Jan. 30.1926Feb. 6,1926Feb. 10,1926Feb. 23,1926

Feb. 25,1926Feb. 27,1926Mar. 1,1926Mar. 4,1926

Mar. 13,1926Mar. 19,1926Mar. 23,1926Mar. 25,1926Mar. 27,1926Apr. 7,1926Apr. 12,1926

doApr. 24,1926May 13,1926May 22,1926May 26,1926June 2,1926June 3,1926June 4,1926June 16,1926June 22,1926July 2,1926July 6,1926

doJuly 8,1926July 9,1926July 14,1926

doJuly 22, 1926

do. . .do

July 23,1926do

July 27,1926Aug. 6,1926Aug. 16,1926

doAug. 20,1926Aug. 26,1926Sept. 4,1926Sept. 10,1926Sept. 18,1926

doSept. 21,1926Sept. 23,1926Oct. 1,1926

5,19267,19268,1926

18, 1926

Oct.Oct.Oct.Oct.

.do.

.do.. :i1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.


REPORT OF THE COMPTROLLER OP THE CURRENCY 313



Estimatedgood

$431,353217, 357

72, 446732, 52263,10755, 478

185, 3891, 828,891

631, 380266, 406

67, 401112, 945116,956110, 66370, 357

55, 311368, 560139, 516136, 408

85, 739121, 501290, 60544,23969, 555

5,22674, 551

128,900261, 270535, 529259, 692

39, 094209,167297, 234229, 374

58, 407182, 269213,140

47, 737167, 239172,198

39752, 43195, 00156,050

235,065145, 778135,932150,314184, 060248, 020141, 35675, 29033, 334

212, 64874, 486

656,61213, 02540, 342

139,590278,992

15,13284, 67186,860

129, 242213, 255308,687285, 998

Estimateddoubtful

$406,92771,808

107,050397, 029138, 697408, 302

82,192293, 071196, 322545, 79796, 762

288, 210239, 772254, 69239, 433

106,003351, 584

94,78259,858

36, 22989,000

409, 07854, 39648,94213, 585

159, 555131, 441169, 268377, 004252, 737

22, 235259, 776124, 043277,77674,11859, 798

197, 071101, 590227,373292, 656

2,219107, 067133, 59984,815

237, 049165, 489128, 487137,140163, 228157,132155,154222, 568

92, 297146, 436168,189885, 55375,670

107,964185, 902658, 287

24, 991155, 619202,035

72, 652286,596309, 764532, 595

Estimatedworthless

$687,54876, 82683, 757

180, 52086, 849

159,11435, 661

441,108199,607153, 382

79, 291225, 639

72, 261140, 91920, 576

87,96963, 229

146, 515850,888

61, 56730, 23958, 41234, 88265,19428, 60953, 549

197, 760134, 314227, 526143, 44218,500

151, 65829, 244

198, 07745, 28787, 63098, 099

235, 747142, 256147, 254197, 44888, 69896, 00857, 29336,45693 123

3| 15134, 36489,08858, 00934, 45271, 42484, 369

102, 73127, 06567, 493

. 12,30075, 03617,227

436, 69833, 94644, 651

134, 753136, 005239, 088193,358244,802

Additionalassets

receivedsincedate of


$51,474158, 525

42, 54578, 69869,85569, 80321, 40366,78976,45350, 35531, 72495, 70041,12580, 605

7,965

17, 292148,39824, 018

339, 525

13, 60032, 98371, 20310, 56636, 409

1,71027,85317, 49442, 88977, 23195, 284

5, 06860, 80233, 89155,42852, 47438, 74164, 70230, 72646, 98065,186

134, 86793, 48711, 43268, 63071, 24517, 84324, 63423, 21317, 892

105, 74126, 24035, 06716, 42122, 35123, 335

185, 00567, 74853, 74731.419

360, 06363, 32819, 70027, 62325, 617

122, 61350, 39534,118


$200,00050,000

100,000100,00075,00025,00050,000

200, 00075,000

100,00025,00075,00025,00050, 00025,000

50, 000100,00035, 000

500, 000

25, 00025, 00050, 00025,00025, 00025, 00025, 00050,000

100, 00050,00080, 00025, 00060, 00062, 500

100, 00025, 00025, 00050, 00025, 00050, 00035, 000

200,00035, 00050, 00025, 00050, 00025,00025, 00050, 00050, 00050,00035,00025,00025,00040, 00025, 00075, 00025, 00040, 00025, 000

100, 00025, 00035, 00025, 00050,000

100, 000100, 00050, 000


assessments

$1,777,302574, 516405, 798

1, 488, 769433, 508717, 697374, 645

2, 829, 8591,178, 7621,115, 940

300,178797, 494495,114636, 879163,331

316, 5751, 031, 771

439,8311, 886, 679

222,135298, 723879, 298169,083245,10074,130

340, 508525, 595707, 741

1, 267, 290831,155109, 897741, 403546, 912860, 655255, 286393, 438623, 012440, 800633, 848712, 294534, 931376, 683386, 040291, 788629, 815447, 233317, 204395, 031504, 268618, 902392, 202429, 349251, 421524,166318, 075

1,869, 663193, 743317, 089399,138

1,834, 040162, 397339, 641476, 271413, 510961, 552962. 204

1,147, 513




$546, 602217,629124, 819938, 585174, 491304, 508147, 595

1,556, 903472,156398, 646140, 926235, 561221, 095267, 493115, 399

92, 936517, 614231, 213518, 275

75,108117, 262380,178

94, 779118, 695

13, 75175 929

208^ 088348,715553, 744243, 855

47, 086434,850304, 749369,10588,145

168, 464282, 778136; 826298,159237,333140, 921164, 576102, 497106,132324, 655184, 078137, 013182, 259238, 848277, 757192, 424195, 56158,851

227, 56882, 055

898, 06969, 040

146, 602230,554843,986

45, 577148,954183.941198| 511406,342297,834600, 328


stockassessment

$36,86522, 30428, 54578,902

9,2879,375

30, 20437, 98664,18481, 36810, 74948, 4133,0728,0545,589

36,33526,01624, 000

358, 970

3,6419,716

25,05912, 97116, 4004, 6328,827

12,18555, 38550, 00045,1945,382

21, 64952, 08840,05221,11810,90547,1556,644

29, 07212, 373

137,85911, 6147,000

13, 49550, 00011,35011,30620,07424, 26543, 0558,898

15, 9754,360

14,82911,09821,14810,54322, 26417, 20647,9826,781

25,00024, 64912, 46584, 22975, 26650, 000

966967968971972973974975976977978979980982983

984985986987

989990991992993994995996997998999

1000100210031004100610071008100910101011101210131014101510161017101810191020102110221023102410251026102710281029103010311032103310341035103610371038





Offsetsallowed

and settled

Total colfllected fromall sourcesincluding

offsets


order ofcourt

Kemaininguncollected

assets


stockassessment

Assets re-turned to


Dividendspaid


offsets paid

966867968971972973974975976977978979

984

987

9909919929939949959969979989991000100210031004100610071008100910101011101210131014101510161017101810191020102110221023102410251026102710281029103010311032103310341035103610371038

$207, 22087, 6469,595

114, 4327,86017,87418, 303

308,00239, 43120, 7887,035

122, 92221, 51824, 9159,56017, 73632, 83125, 615

48,9321,967

40, 628

12, 7962,5255,3185,558

19, 22172, 93224,4972,688

39, 30523,16330,1717,81854,34965,93419, 63031,12817, 513

3,9745,2028,61120,1159,2669,28012,81912, 74550, 56711,4157,9453,083

12, 72414, 749

126, 2113,2116,220

20, 51092,8735,41118, 79915,4258,93786,23670,90458,603

$790, 687327, 579162, 959

1,131, 919191, 638331, 757196,102

1, 902, 891575, 771500, 802158, 710406, 896245, 685300, 462130, 548147, 007576, 461280, 828877, 245

127, 681128, 945445, 865114,430147,89120, 90890,074225, 831423, 321676, 676313,54655,156

495, 804380, 000439, 328117, 081233, 718395,867163,100358, 359267, 219278, 780180,164114, 699128, 238394, 770204, 694157, 599215,152275, 858371, 379212, 737219,48166, 294255,121107, 902

1,045,42882, 794175, 086268,270984,84157, 769192, 753224,015219,913576,807444,004708,931

$349, 617167, 05390, 312144, 90743, 365

370, 31556,135311, 870110, 977129, 626127, 217364,01144,103113, 776

9,85473,42835, 864868,404

73,09585,49564, 51842, 62421,98132,8548,59358,972

177, 2756,366

84, 76935,123207,24835, 5004,435

134, 32320, 66323,42356,64646, 732

242, 468194, 010173,1331,801

69, 842127, 57540, 30316,64118, 764

202, 67512, 524153, 3637,14312,91758, 280

92,4819,914

23, 01215,99384,203

70,84399, 66964,03816,11674,956

438, 582

$473, 86352,18881, 072190, 845132, 792

102, 612453, 084481,198466,880

183, 398

146,049307,898112,139

343,974

""66," 628

225, 668202,97762, 530584,248398,034

121, 000356, 944

124,962200,877202, 698207,829179,980

226,54082, 203107,470188, 586129,270131,189

228,054

193, 700151, 570185, 594196,271677,90286, 578101, 255107,081712,978

66,045152, 23692,030352,858418, 510

$163,13527, 69671, 45521, 09865, 71315, 62519, 796162,01410, 81618, 63214, 25126, 58721,92841,94619,41113, 66573,98411,000141,030

21, 35915, 28424, 94112,0298,60020, 36816,17337,81544, 615

34,80619, 61838, 35110, 41259, 948

14,0952,845

18,35620, 92822, 62762,14123, 38643,00011, 505

13, 65013, 69429,92625, 7356,94526,1029,02520,64025,17113,90253,85214,45717, 7367,79452,01818,21910,000

35137, 53515, 77124, 734

, OiZ

194,73061,261620, 507105, 405234, 25056, 746

1, 450, 548303, 851215, 921104, 31490,14651, 032187, 86677,08987, 578171, 749108,140316, 730

19,08020, 219158,07376, 90131, 3767,78613, 24225,016

202, 758122, 205

16, 601411, 914217, 656128, 53766, 33099,491278, 24632, 925165, 67037, 701

130, 000112, 997

70, 516256,18994,065103, 57672, 30675, 519146, 619116, 70680, 21512, 83154, 53328, 687

31, 59689, 899106, 282442,93422, 595116, 99651, 42027, 340223, 026209,134489,571

$406, 27988, 82962, 385

429,21858, 61865, 015102,880345, 681132, 099126,87134, 575283, 907143,97242, 37432, 87328, 304

351, 082132,121535,674

87,01688, 999

202, 04628,42382,1919,725

40, 607160,039172, 265390, 506179, 81033, 52457,003119,981266, 03236, 52297, 91582, 38697,048147,151187, 685135, 88650, 22286, 75730,06095, 94666,64422,939104,264180, 625183,17080,99299, 32122, 804157, 56052, 359

304, 90724, 72956,211115,985423, 75426,43338,639126, 064165,506267,102154, 542193,433





$497166

6,12220, 5746,6557,5211,574

9483,727

56,032

3,13410, 203

516,401

12, 8521, 758

919

61423, 328

74

10,60068

1,40252, 2435,995

1,841329

1,272

171

82466162

2,42511,120

5,7792,513

7902,657

2161,183

28,437289

2,106220

14,40976

3,5964,201

37717

3,053

Receiver'ssalary,

legal, andother

expenses

$48, 59523, 27823, 83543, 89117, 51924, 97120, 21381,47538, 87939, 41819, 82132, 84321, 07831, 23918, 48117, 75232, 78514, 53917, 337

15, 38512, 42530, 8109,032

37,2383,397

15,14716, 03424, 89555, 76725, 7655,031

25, 04626, 35934, 82214, 22931, 36019, 92321, 93632, 33129,70212, 57916, 94514, 33812, 68530, 77720,90513, 28920,99318,92433, 54015, 03921,13610, 83619, 22122,82668, 50716, 22619,16828, 93355,5088,665

13, 79518, 05113,44638,98536, 72715, 311

Cash inhands of

comptrollerand

receiver

$30,43620, 5769, 356

17, 7293,441

14,68924, 23997, 21562, 560

26, 46928, 780

6,9727,993

24, 2706,585

6,2006,688

31, 608

17, 086

10, 47824, 67422, 00155, 95553, 350

15, 6758,665

4,78115, 31211,10912, 74111, 969

315

13, 60414,9779,433

11, 96012, 01615, 076

5, 393

18, 80919, 82323, 5912,847

14, 6119,9547,702

16, 85048, 236

19, 72724, 27913, 24447, 67740, 54810, 616


$2, 054

- -


$871, 084277, 685108, 853768, 584175, 673536, 606149, 721

1, 958, 327868, 016719, 771193 187352 182255, 229417, 55070, 397

174, 835335, 960211, 505623, 213

76, 537202, 213526, 90977, 292

100 77414 829

253, 691251, 053253 023600, 787470, 676

24 595461, 273256, 258360, 490116,778215, 233397, 441319, 493317,411381, 518200, 081187 703236, 012141, 037365, 943313 550230,168167, 367192, 504340, 877218,141241, 951166, 781230, 370190. 979

1, 257, 92679,163

129,940225, 850985, 044

36, 796212, 723257, 412114,199606, 963522, 862784, 596

Divi-dends

(per cent)

357045806043.65307435305423.62045

100504a5084. 237

25103099.52552.55

1080201067.589.3853056.8457010501064.9660 2

507030454035.54053.5307

2015504065454554. 75552020354060


8 415


Aug. 29,1929

Oct 25 1929Oct. 31,1929

June 18,1929

June 30, 1929

June 5,1929

Sept. 30,1929do

Sept. 30, 1929

Oct 31 1929

Sept. 20,1929

Aug. 29,1929

July 31,1929

966967968971972973974975976977978979980982983984985986987

989990991992993994995996997998999

1000100210031004100610071008100910101011101210131014101510161017101810191020102110221023102410251026102710281029103010311032103310341035103610371038





Capitalstock at


pointed

103910401041104210431044104510461047104910501051105310541055105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510871088108910901091109210931094109510961097109810991100110211031104110511061107110811091110

11111112

American National Bank, Atoka, Okla _.England National Bank, Little Rock, Ark.iFirst National Bank, Broken Bow, OklaFirst National Bank, Haworth, OklaFirst National Bank, Clearbrook, MinnFirst National Bank, Toledo, IowaFirst National Bank, Gonvick, Minn_First National Bank, Kingsburg, Calif.First National Bank, Brandon, Minn._First National Bank, Milbank, S. DakFirst National Bank, Armstrong, IowaCitizens National Bank, Spencer, Iowa.First National Bank, Wilder, Idaho ..First National Bank, Detroit Lakes, MinnFirst National Bank, Terril, IowaCitizens National Bank, Petty, Tex.Farmers National Bank, Manor, TexClarinda National Bank, Clarinda, IowaFirst National Bank, Marked Tree, ArkFirst National Bank, St. James, Minn_First National Bank, Leeds, N. DakFarmers National Bank, Brookings, S. DakFirst National Bank, Alta, IowaFirst National Bank, Elkton, S. DakPlanters National Bank, Honey Grove, TexFirst National Bank, New Hampton, Iowa *First National Bank, Hannaford, N. DakFirst National Bank, Malvern, IowaFirst National Bank, Stanley, N. DakFirst National Bank, Haleyville, AlaNational Bank of Oakesdale, Wash...Farmers National Bank, Newport, ArkFirst National Bank, Plattsmouth, NebrFirst National Bank, Adair, IowaFirst National Bank, University Place, NebrStory City National Bank, Story City, Iowa....Citizens National Bank, Ortonville, MinnFirst National Bank, Collinsville, OklaCitizens National Bank, Royal, IowaFirst National Bank, Carlyle, MontMonticello National Bank, Montieello, Ind.1First National Bank, Car dwell. MoFirst National Bank, Nevada, IowaFirst National Bank, Renwick, Iowa..First National Bank, Moulton, IowaFirst National Bank, Delano, CalifNational Bank of Jersey ville, Jerseyville, 111First National Bank, Argyle, MinnFirst National Bank, Boyce ville, Wis__Citizens National Bank, Commerce, Tex_Citizens National Bank, Lone Oak, TexFirst National Bank, Beardsley, Minn. _Farmers National Bank, Red Lake Falls, MinnFirst National Bank, Biggesville, ffl.i_.First National Bank, Edgeley, N. DakFarmers National Bank of Liagerw<First National Bank, Britt, Iowa.,.First National Bank, Montevideo, MinnPeoples First National Bank, Olivia, MinnFirst National Bank, Lincoln, ArkFirst National Bank, Clinton, MinnCitizens National Bank, Albert Lea, MinnFirst National Bank, Marengo, IowaFirst National Bank, Allegan, MichFirst National Bank, Rolette, N. DakFarmers & Merchants National Bank, Mount Morris,

Pa.First National Bank, Rush City, Minn.Central National Bank, Marietta, Ohio

d, N. Dak.i

Dec. 26,1907Feb. 6,1908July 3,1913Mar. 13,1914June 30,1919Aug. 19,1902Feb. 23,1916Sept. 14,1906May 21,1916Oct. 16,1902May 1,1900Aug. 11,1903Sept. 23,1916Dec. 21,1885July 17,1912Oct. 15,1914Feb. 6,1904Dec. 26,1883Dec. 17,1917Jan. 30,1893June 9,1902Aug. 29,1902Jan. 21,1904July 19,1902Aug. 14,1889May 3,1880Apr. 21,1905Feb. 9,1875June 15,1909Feb. 9,1920Apr. 25,1908June 6,1916Dec. 12,1871Apr. 29,1907Apr. 17,1905June 24,1912Apr. 18,1903Mar. 20.1911Apr. 10,1913Nov. 23,1916May 10,1902Jan. 15,1921Aug. 3,1881Nov. 24,1905Aug. 5,1900July 1,1908Mar. 21,1894June 18,1901Dec. 8,1917June 10,1925May 18,1925June 7,1904July 19,1910Apr. 10,1883Aug. 29,1905Apr. 30,1906Aug. 13,1895May 25,1903Feb. 25,1908July 27,1920Feb. 13,1904Jan. 22,1902May 25,1880May 11,1871July 24,1905Sept. 22,1903

Aug. 1,1903May 29,1899

$25,000300,00025,00025,00025, COO85,00025,00050,00025,00050,00050,000100, 00025, 00050,00025,00037, 00040,00050,00050,00050,00025,00050,00050,00025,000100,00050,00025,00050, 00025,00025,00025,00050,00050,00035,00040,00040,00025,00025,00035,00025,00050,00050,00075,00025,00035,000100,00050,00050,00025,00050,00025, 00025,00025,00050, 00085,00050,00050, 00050,00025,00025,00025,00050,00065,00050,00025, 00025,000

50,000300,000

Nov. 1,1926. - .doNov. 2,1926

dodo

Nov. 3,1926Nov. 5,1926Nov. 9,1926Nov. 11,1926Nov. 15,1926Nov. 17,1926Nov. 19,1926Nov. 22,1926Nov. 23,1926

doNov. 24,1926Nov. 26,1926Nov. 29,1926Nov. 30,1926

do.Dec. 1,1925Dec. 3,1926

do.do

Dec.Dec. 9,1926Dec. 10,1926

.do.Dec. 15,1926Dec. 17,1926Dec. 21,1926....do

doDec. 27,1926Dec. 29,1926Jan. 3,1927Jan. 4,1927Jan. 5,1927

do.Jan. 7,1927

doJan. 8,1927Jan. 10,1927Jan. 13,1927Jan. 14,1927

doJan. 15,1927Jan. 18,1927

doJan. 20,1927

Jan. 21,1927Jan. 24,1927Jan. 31,1927

do.Feb. 1,1927—.do ...Feb. 5,1927

.do.Feb. 9. 1927Feb. 10,1927Feb. 18,1927

dodo

Feb. 19,1927Feb. 21,1927

doFeb. 24,1927

i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Book value of assets at date of

Estimatedgood

$44,1541, 727, 457

39, 23126,87823,475

269,69744, 235

183,49723,805

246, 562111, 692176,88958, 531

222, 66791, 08554,10064,116

327, 80033,860

156, 21864, 314

568, 348205, 712133, 437202, 663

15,177122, 24163, 25548,87235, 632

167, 001106, 46361.94861, 61172, 626

136, 446268,926

59. 74712! 35241,0049,306

104, 76261, 82981* 208

318, 239160,40732,74283,97633,94446,953

129, 61556, 001

112, 5952,961

213, 518220, 693

• 63,56516, 53167,100

523,039225, 653426, 29834,184

241, 396

174,0631,406, 902

suspension

Estimateddoubtful

$51,151560, 600112,10980,88194,460

328, 734100, 736170,05083, 632

165,347284, 974201,00257, 313

485,929129, 47677,14054, 862

261, 480143, 751256,303

70, 332454,379310,194151,422201, 531

112, 359110, 206127, 63997, 74731, 502

146,977184, 204180,11343,928

190, 633153, 61986, 376

122, 58736, 30822,45197, 536

153, 33569,34782, 976

222,142165,936181,36480,986

137,99364, 687

131, 60560, 794

201,32171,193

590,163378, 54124.8,08849, 465

138, 357438,983509,47980,06591, 678

110,423

145,309808,391

Estimatedworthless

$38, 3281, 004. 782

3,4749,801

35, 04811, 41746, 80596,13979, 29747, 85035, 346

376, 70022, 238

156,33391, 24219, 83221, 428

198, 54375, 547

121, 95534,49094.46355, 05740,46052, 921

62.072108,10055,02413, 99942,92337,070

103,23894, 53592, 54436,02761,80165,12899,17711,920

102,40426,359

163, 56519, 60716, 824

121,300129,85545, 75928,62320, 2298,879

18,14870, 934

24, 87723, 79449,886

151, 20147,43164, 74419, 75926, 337

119,445248, 46165,09839, 348

122, 590347,892

Additioassets

receivedsince


$4,962243,437

6, 6055,0298,048

18, 56114, 28971,20922, 78336, 43624, 48687,3103,742

23, 40760,97114, 89836,65629,69967, 51097,07311,67361,39981,98724, 81357,135

44962, 25335, 55910,0642,464

14,84336,96117,41532, 22061,46225, 25728,44453,31120, 7337,537

19, 7675,013

83,96911, 47524,166

172, 83689,32223, 2679, 725

11, 2043,828

25, 86528, 432

3739, 57617,15445, 27927, 75074, 0075, 875

42, 30592, 684

128, 82932,9506, 904

20, 793

43, 016182,802


$25,000300,000

25,00025,00025,00085,00025,00050,00025,00050,00050, 000

100,00025, 00050,00025, 00037,00040,00050,00050,00050,00025,00050,00050,00025,000

100,00050,00025,00050,00025,00025,00025,00050,00050, 00035,00040,00040, 00025,00025,00035,00025,00050,00050,00075,00025,00035,000

100,00050,00050,00025,00050,00025,00025, 00025,00050,00085,00050,00050,00050,00025,00025,00025,00050,00065,00050,00025,00025, 000

50, 000300,000


assessments

$163,5953,836,276

186, 419147, 589186,031713,409231,065570, 895234, 517546,195506, 498941, 901168,824938, 336397,774202, 970217,062867, 522370,668681, 549205, 809

1,228, 589702,950375,132614, 250

50, 449276,861426,106280, 982188,082149,900438,009461, 320403, 816299, 545364, 543405, 310498, 741337, 24493,117

235, 626188, 214580,631187, 258240,174934, 517595, 520333,132228, 310253, 370149, 345330, 233241,16150,037

463,369165,102948, 846828,185458,091161,415292, 521

1,131,0431,048, 4G6

837, 774222, 864438, 960

535, 0383,045, 987




$48,0242,376,842

38, 63442,9f>475,106

295,37470,670

272, 217126, 401266,782187,354350,069

72, 455382,119213, 458

71, 40875, 247

319, 35060,005

404, 77685, 701

766, 434323, 471188,040246, 790

44985, 443

170, 458114, 94989,12476, 653

216,107173,087165,14187, 702

234, 738187, 464251, 848.193,008

31, 87647, 45163,170

173, 83674, 335

125, 050485,098332,761

63, 554110, 82896,10251, 364

174, 693107, 455

37179,16636, 768

413, 415348, 861199,00541, 552

122, 738645,189504,698343, 746

54, 354209, 281

250, 7321, 876, 091


stockassessment

$7,413155, 284

12, 7753, 550

16, 00675,36510,76313,8028,245

11, 4354,066

50, 79313, 60821, 68013, 41526, 47131, 06123, 625

3, 32427, 23020, 99439, 88128, 81914, 50571, 39330, 36012, 56625, 3141,409

14, 2886,000

25, 65712, 88812,1666,650

19, 23025,000

7,65012, 79217, 50018, 2009.390

41', 9757. 500

26, 39169, 56325, 26713, 80013, 36126, 61811,4995,0005,878

43,10866,27720,14529,90020,21310, 8038, 6687,244

30,09343, 59317, 6983,087

23, 275

20, 811168,918

1039104010411042104310441045104610471049105010511053105410551058105910601061106210631064106510661067106810691070107110721073107410751076.107710781079108010811082108310841085108710S8108910901091109210931094109510961097109810991100110211031104110511061107110811091110

11111112



TABLE N O . 44.—National banks in charge of receivers, dates of organization,assets, amounts collected from all sources, loans paid and other^ disbursements,remaining assets returned to shareholders October 31, 1929—Continued


Offsetsallowed

and settled


offsets


order ofcourt


assets


stockassessment

Assets re-turned to


Dividendspaid


offsets paid

1040104110421043104410451046104710491050105110531054105510581659106010611062106310641065106610671068106910701071107210731074107510761077107810791080108110821083108410851087108810891090109110921093109410951096109710981099110011021103110411051106110711081109111011111112

$6,329551

5,0626,6578,333

34,10913,22717,3154,737

26,35314, 72755,80318, 58054,16815,4523,821

15,18860,10571, 34831, 34512, 46488, 21037, 2148,249

28,038

30,07711,0305,8142,985

28,45125,13815, 68717,41521,26521, 51221, 73816,1062,008

10,10822, 82212,3857,849

38,04526, 6587,263

12, 81712, 5728,901

10, 529

17,3462,990

29,06640,28815,6783,3649,448

68,39736,79724,1874,458

19,99415, 812

109, 580

$61, 7662, 532,677

56,47153,17199,445

404,84894,660

303,334139,383304,570206,147456,665104,643457,967242, 325101, 700121,496403,080134, 677463, 351119,159894, 525389, 504210, 794346, 221

30, 809106, 837225,849127,388109, 22685,638

270,215211,113192,994111, 767275,233233, 976281,236221,90651,18465, 65182,674

238,63394,220159,290592, 706384, 68684, 617137,006135, 29271, 764

190, 222120,33143,145262, 78959,901472,381409,362225,48653, 584139,430743,679585,088385,63161f 899252, 550287, 355

2,154, 589

$301601,434

5,4484,8225,58421,805105, 21278,37911,15050,80827,72850,78986,19329,0865,485

86,62748,36018, 687195,4288,09311,09179, 5355,23312, 512

157,59011,30132,62214,50324,815143,45123,57566,396154,42868, 5403,52723,69237,9435,279

12.42887,21327,08212,286135,12853,389123, 5066,60013, 92515,0161,09916,324

6,15624,954144,485107,99749, 57891,4991,336

34,963146,14042,0763,354

8020,888760,316

$83,941557,449117, 72367,52072,770

293,342100,363126,151

191,910203,609408,301

365,856114, 77885,256

389, 707170,628

74, 551312,854212, 730148,610226,910

$17,587144. 71612, 22521,4508,9949,63514,23736,19816, 75538, 56545,93449,20711,39228,32011, 58510, 5298,93926,37546,67622, 7704,00610,11921,18110,49528,60719,640

$12,914150,000

14,98239,990

3 242, 57537,467146, 77785,074104, 73825,026157,96265,147179,783184, 51132,39580,945162,3698,753

384,147

164, 27097,38153,64120,447

189, 520121, 592

12,43424,68623, 59110, 71219,00024, 343

502, 840228, 35291,807166, 27229, 700

167,807176,46355,187

37,11222, 83433, 35020,770

138,17552, 502221, 76048, 45659, 989176, 246132, 71288, 80973,06580, 77149,064118, 91285,384

175, 70150,392311,880281,039168, 830

133,999332,494295,771377, 765135,698182. 605197', 606

17, 35022, 2087,500

31, 80040, 61033, 02517, 5008,609

30, 43724, 73336,20011,63923,38213, 50120,00019,1226,89218, 72329, 85520,10029,78714,19716, 33217, 75619,90721,40732, 30221,9131,725

29,189131,082

$29,154

45,135111, 00146, 64331, 53733,480169,01187, 51043, 48469, 918200,60181, 24672, 389112,18630, 04112,00010, 561123, 58917, 680108,067321, 706259,22519,009

40,07930, 880120,12138,95541, 500196,32414, 762

217,679165,98783,89716, 50452, 733470,159444,178154,58329,324161,084168,191

3 1,845,892

$30,3982,358, 949

24,13922,36030,827142, 11128,875114,94537, 591157, 776159,068213,56726,343198, 75625,70058, 22823, 280167, 544114, 85260, 67226, 721289, 467109, 59996, 579144, 350

45, 75776, 92351,41944, 77532, 85474,95468, 526125, 31630,12157,870

105, 068177,17188,93214,40247,29461, 66974,01954,01126, 515187, 71160,37546, 40812, 95374,95728, 83115,882

26, 91537,264188, 252171, 71178,11328,06260,715139,43973,302147,36220,36846,73051, 362233,927

3 Including dividends paid through or by purchasing banks.





$182

6015

86896064

8203,2132,1805,382

17,920

7,514803208733

1,72481

87528, 887

5,3i 5

• 2, 84313,100

68710,009

2,8021,423

6130

1,4171, 2242,993

54

1,879379715

3, 525405232

1,70343

3,95252

1,240

2,5831,018

17, 890

66610,2475,088

921

8,16619, 507

3

Receiver'ssalary,

legal, andother

expenses

$11, 32912,14211,0777,912

12, 63210,04612,45217,01713, 50525,43813, 00538, 59813,15325,375,13, 2099,974

16, 53817,0529,213

18, 5329,982

32, 98725, 67918, 62921,1221,109

13,10212,62816, 64611, 77110 92823,44822,02016,29411, 72216, 63221, 41726.80513; 3555,3571, 8409,343

18,48310,27414, 56427, 65137,90413, 72113, 20314,98410 15415, 38517, 823

84822, 5891,742

26, 33937, 21624,3579 018

13 62648,98726,48731 09610 07022,22824,14449,834

Cash inhands of

comptrollerand

receiver

$6, 94311, 58621,1957,902

15,1289,156

15, 80223, 775

14,4383,666

28,618

46, 53918,102

895

54, 3911,778

12, 68440, 34422,8473,7799,162

12,19711,99311,1348 376

31, 6347,900

24. 8283; 6474,440

4, 517'1,101

20, 66311, 8769,429

52,11326,7775,247

13, 8785,2681 896

34, 88213, 608

79715, 7216,133

37,52833,43021, 229

11 69074,84736,03351 6692 137

14, 34224,15124, 933


-

$1, 330


$78,6612,600,625

62,02459,92799, 931

373,001149, 989325,427130, 520543,044250, 559394, 71588,042

597, 411263, 59064, 79184, 045

540, 98987, 534

427, 304114,836772,105415,186208, 896182, 54550,000

132, 765201, 828155, 559109, 45565, 394

219, 513258, 542183,837124, 861195,153224, 337213, 468160,24022, 80495, 78126, 403

247,19384,163

154, 391366, 409370, 332183, 349158, 79062,00568 717

240, 242122, 48050 835

245, 52974, 803

624, 028555, 371279,41482, 518

147 920783,302716,501515 313146, 695292,880366,400

1, 845, 892

Divi-dends

(per cent)

155.767

2540

3 65254564.640104074307050

100301089.9606555407059.4345530354577352056

100352570

10012.5340502070857010606545503081.5780203530302035606230205050

3 100


5.404

2.8

11.5


Oct. 31,1929

Feb . 23,1929

Nov. 30,1928

July 15,1929

Dec. 31,1928Aug. 31,1929

Sept. 16,1929

June 1,1929Aug. 7,1929

Jan. 28,1929

Sept. 30,1929

10391040104110421043104410451046104710491050105110531054105510581059106010611062106310641065106610671068106910701071107210731074107510761077107810791080108110821083108410851087108810891090109110921093109410951096109710981099110011021103110411051106110711081109111011111112



TABLE N O . 44.—National banks in charge of receivers, dates of organizationassets, amounts collected from all sources, loans paid and other^ disbursements,remaining assets returned to shareholders October 31, 1929—Continued


Capitalstock at

suspension

Receiver ap-pointed

1113111411151116111911201121112211231124112511261128112911301131113211331134113,511361138113911401141

- 11441145114611471148

\ 114911501151115211531154115511561157115911601161116211641165

! 1166• 1167! 11681 1169i 1170i 117111721173117411751176

117711781179118011811182i38311841185118611871188

American National Bank, Stigler, OklaFirst National Bank, Belle Plaine, Iowa.First National Bank, Dunbar, PaExchange National Bank, Leon, Iowa.First National Bank, Hartley, IowaFirst National Bank, Norway, Iowa _.United States National Bank, Dinuba, Calif._ _..First National Bank, Lepanto, Ark _Provident National Bank, Waco, TexJLFirst National Bank of Benson, Hollsopple, Pa..First National Bank, Sheldon, IowaAmerican National Bank, Green City, MoFirst National Bank, Columbia City, Ind _.First National Bank, Fairfax, S. C.*_ ._First National Bank, Lake Worth, FlaFirst National Bank, Lake Mills, IowaFirst National Bank, Lineville, Iowa _First National Bank, Bend, Oreg _New First National Bank, in Lamberton, Minn__First National Bank, Dubois, Idaho ._.First National Bank, Biwabik, MinnCity National Bank in Kearney, Nebr__.Laurel National Bank, Laurel, NebrFarmers & Merchants National Bank, Alcester, S. Dak.First National Bank, Grafton, N. DakFirst National Bank, Chowchilla, Calif.Merchants National Bank, Greene, IowaFirst National Bank, Kennebec, S. Dak_First National Bank, Medaryville, IndFirst National Bank, Spencer, Iowa.First National Bank, Farmersville, 111-First National Bank, Lamberton, Minn.iPeoples National Bank, Waukon, IowaFirst National Bank, East Grand Forks, MinnFayette City National Bank, Fayette City, PaFirst National Bank, Webster, PaNational Bank of Fayetteville, Fayetteville, N. CFirst National Bank, Bishop, Calif _.Citizens National Bank, Waynesburg, PaFirst National Bank, Sheridan, Ind.i _First National Bank, Spirit Lake, Iowa i._.First National Bank, In wood, Iowa _ _First National Bank, Tabor, Iowa iFarmers National Bank, Odell, Ill.iCentral National Bank, Kearney, Nebr.iCity National Bank of Kearney, Kearney, Nebr.iFirst National Bank, Mallard, Iowa. _.First National Bank, Bancroft, IowaFirst National Bank in Sallisaw, Okla _.First National Bank, Muldrow, OklaNational Bank of Lagrange, Lagrange, IndFirst National Bank, Swea City, Iowa.First National Bank, Milburn, Okla___First National Bank, Havelock, IowaNational State Bank, Stockton, KansNational Bank of West Palm Beach, West Palm

Beach Fla.First National Bank, New Cumberland, W. VaFirst National Bank, Roff, Okla....First National Bank, Cheeotah, OklaFirst National Bank, Hope, N. DakFirst National Bank, Manning, S. CNational Bank of Bowman, Bowman, S. C__First National Bank, Abingdon, I1DFirst National Bank, Wynot, NebrAmerican National Bank, Sallisaw, OklaNew Georgia National Bank, Albany, Ga.._First National Bank, Minnewaukan, N. DakFirst National Bank, Greenville, Tex.i _._.

Sept.MayJan.JuneFeb.MayMayMar.Mar.JuneFeb.Feb.Feb.Apr.Apr.Feb.Apr.Jan.Oct.Oct.Apr.Dec.Mar.Dec.Nov.Mar.JuneSept.Jan.MayFeb.Apr.MaySept.MayJuneDec.Nov.Jan.Apr.JuneMayJulyNov.Jan.Dec.MayNov.Jan.Mar.JulyOct.Jan.Apr.MayApr.

Dec.MayMayJuneFeb.Dec.Aug.MayJuneJuneJulyJune

14,190431,187220,190520,190022,189323,19042,1908

19,191931,189023,1905

13,19072,19043,1917

19,192021,189823,190423,190913.192527,19192,19073,192621,191130,191514.188229.191723,190320,191123,190726,18884.19112.19041.19127.189116,190320.190312,190021,191615,18902,19007.189223.19041,189129,190926.190326,188819,191410.19003.190525,191112,189424,19003,191130.190422,190627.1926

9,190228,190023,189817.190123.19183,19195,188511,190612.192422.19259,190030.1883

$25,00060,00050,00035,00075,00025,00050,00035,000300,00075,000150, 00045,000100,00050,000

" 100,00050,00025,000100,00025,00025,00025,000150,00065,00050,00050,00025,00050,00050,00025,000150,00025,00050,000125,00050,00075, 00025,000100,00050,000500,00075,00050,00050,00025,00025,00050, 000100,00025,00050,00050,00025,000100,00025,00025,00025,00050,000100,000

50,00030,00050,00050,00050,00025,00075,00025, 00030,000200,00025, 000150, 000

Mar. 1,1927Mar. 3,1927Mar. 7,1927Mar. 9,1927Mar. 22,1927Mar. 23,1927Mar. 25,1927

.do.Mar. 26,1927Mar. 28,1927Mar. 29,1927Mar. 31,1927.—doApr. 1,1927Apr. 2,1927Apr. 8,1927Apr. 9,1927Apr. 29,1927Apr. 30,1927May 5,1927May 10,1927May 14,1927

do.May 17,1927May 25,1927May 28,1927June 4,1927June 20,1927June 24,1927June 25,1927June 29,1927July 6,1927July 19,1927July 28,1927

doAug. 8,1927Aug. 12,1927Aug. 15,1927Aug. 17,1927Aug. 18,1927Aug. 25,1927Sept. 6,1927Sept. 14,1927Sept. 21,1927Sept. 30,1927

do.Oct. 3,1927Oct. 20,1927Oct. 24,1927

do.do.

Oct. 29,1927Oct. 31,1927Nov. 5,1927Nov. 14,1927Nov. 18,1927

Nov. 21,1927do

Dec. 1,1927Dec. 12,1927Dec. 14,1927Dec. 16,1927Dec. 17,1927Dec. 27,1927Dec. 30,1927Jan. 4,1928Jan. 6,1928Jan. 11,1928

* Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.




Estimatedgood

$103,630337,743266, 910175, 044123, 687

65, 548157, 88020,127

109, 803346, 66985, 001

512, 727

938, 698173, 318169, 321421, 441

40, 57944, 759

182,311675, 280200,309136, 778227, 72443, 31660, 23119, 04342, 447

245,12162, 718

1498, 784

279, 559458, 944165, 808

1, 720, 495306,184

3, 369, 71214, 903

62, 052

13, 7482,534

33, 79277,19652, 29159, 55758,091

430,166102, 57238, 58515, 787

109, 777258,828

115,51654,131

186, 51343,061

109,00111, 549

58,615262, 658568, 49183, 262

Estimateddoubtful

$216, 883444, 734163,12197, 248

221,179132, 574208, 856

86,094

73, 975794, 076238,112498, 470

497, 533260,124102, 723689, 716185, 37674, 43486, 211

1,643, 546345, 851240, 680450, 675155, 469169, 745134, 98255, 521

613, 04286, 23745, 729

473, 901215,106654, 918

69, 926249, 206330, 486

1,84l[ 82241,19415, 098

136, 331

31, 283172, 991723, 745188, 884183, 269238,174

73, 202144,047249, 554

74, 39668, 243

209, 322169, 456

161, 39281,81081,455

187,387113, 71046,704

85, 592124,851633, 46093,810

Estimatedworthless

$69, 748243, 66928, 015

117, 522118, 20228, 437

112, 02846, 731

123,17610,492

123, 668188, 005

184, 33553, 3205,903

333, 68843, 28142, 59179, 92821, 783

155, 71397, 892

260, 77562, 428

124, 5748,274

23,16855, 37541, 11157, 906

223, 91645, 609

1,042, 404137, 072619,658

91, 002479,048

31, 768

94, 673

16, 092156, 647455, 091

5,405103,124221, 084

65, 047176, 31164,10829, 8126,251

143, 37455,398

392,00130,33242,36384,37188,22023,177

9,23132,397

318. 0884,691

Additional

assetsreceived

sincedate of


$11, 51843,86839, 234

107, 74527, 95146, 59928, 9668,6101 158

18, 23395,03040, 34165, 433

148318,969

26, 06962, 552

109,8119,786

56, 52148, 93762,12678, 65597,20628,16332, 80112, 5258, 5908,822

312, 35512, 3283,761

64, 73957, 53761, 54810, 29366, 291

285, 029776 71879,600

1, 51177,192

3842,1134,235

62,40638, 23910, 28726,40211,21561, 39830, 69425, 55834, 58530,12422, 020

30, 0204,969

15,00044, 2507,4604,712

5917,392

11, 666137, 46833, 9564,206


$25, 00060,00050,00035,00075,00025,00050,00035,000

300,00075,000

150,00045,000

100,00050,000

100,00050,00025,000

100, 00025,00025,00025,000

150, 00065, 00050,00050,00025,00050,00050,00025,000

150, 00025, 00050,000

125,00050,00075,00025,000

100,00050,000

75,00050,00050,00025, Q0025,00050,000

100,00025, 00050,00050, 00025, 000

100, 00025,00025, 00025,00050,000

100,000

50,00030,00050,00050,00050,00025, 00075,00025, 00030,000

200,00025, 000

150,000


assessments

$426,7791,130,014

547, 280532, 559566, 019298,158557, 730196, 562301,158400,187

1,396, 267532,122

1,364, 63550,148

2,039, 535562, 831365,499

1, 654, 656304, 022243, 305422, 387

2, 552, 735845, 528622, 556

1,017, 337319, 014417, 075220, 889154, 958

1,375, 893227, 394157, 410986, 340647, 811

2, 292, 814408, 099

2, 755, 6501, 062, 7016, 467, 300

242,46566, 609

420, 24825, 38488, 236

386,4071,375, 034

334, 724398, 971595, 217232, 555911, 922471, 928193,351149, 866542, 597605, 702

748, 929201, 242375, 331409, 069368, 391111, 14275, 591

185, 830461, 572

1, 857, 507240, 719154, 206




$268, 597522,153267, 842150, 798263, 459141, 422316,14140, 589

1,158137, 724769, 867173, 062702, 455

148708, 935217, 862183, 480634, 842147, 924

81, 756224, 713980,498350, 468266. 410461, 370199, 345127, 59630, 25068, 016

631, 88191,1497,450

222, 730314, 333487, 965160, 252979, 556357, 266

4,149, 69498, 6355,959

97,887384

14, 24948, 841

234, 066135, 915122, 268214, 086125, 225452, 512142, 82991,36955, 620

214,138258,843

112, 99678, 221

213, 639190,61573, 57619, 271

59160,480

307, 436666, 38786, 8414,206


stockassessment

$4, 22715,46025, 76033, 4378,233

19, 00116, 66912, 589

282, 70034, 38525, 87339, 00463, 25113, 80372, 8454,290

10, 67030, 06917, 2254,460

10,10684, 99225, 60427, 40330, 23510, 25011,6003,800

16, 33695, 78016, 24928,660

101, 67112,91932,3979,440

83,350

66,87542, 61929, 00011,40014,2008,769

15, 38011,10030, 80018, 6886,164

93, 2008,8252,435

17,89518,42426,872

6,3504,1947,742

15, 50014,39516,90670,60519,6008,608

172, 38916, 725

104,960

11131114111511161119112011211122112311241125112611281129113011311132113311341135113611381139114011411144114511461147114811491150115111521153115411551156115711591160116111621164116511661167116811691170117111721173117411751176

117711781179118011811182118311841185118611871188



TABLE N O . 44.—National banks in charge of receivers, dates of organization,assets, amounts collected from all sources, loans paid and other• disbursements,remaining assets returned to shareholders October 31, 1929—Continued


Offsetsallowed

and settled


offsets


order ofcourt


assets


stockassessment

Assets re-turned to


Dividendspaid


offsets paid

1113111411151116111911201121112211231124112511261128112911301131113211331134113511361138

1140114111441145114611471148111911:5011511152115311541155115611571159116011611102

110511661167116811691170117111721173117411751176117711781179118011811182118311841185118611871188

$24, 52555, 83133,07930, 09444, 81914,15617,9809,604

15, 938106, 56812, 47471,884

285, 50220,04622, 068143,13215, 6074,73720, 272168,16729, 89326,52243, 61328, 0151,9433,5374,09862, 4872,094

34,47724,87969, 26212,034167, 846134, 920

10, 564

3,56510, 8275,837

38, 51610, 32837, 76929,052

9435, 50112,07937,19847,5975,10912,95414, 8835,8421,220

11,34717,48132,57413,755

$297,349593, 444326, 681214, 329316,511174, 579350, 79062, 782

283, 858188, 047902, 308224, 540837, 59013, 951

1,067, 282242,198216, 218808, 043180, 75690,953255,091

1, 233, 657405, 965320,335535, 218237, 610141,13937, 58788,450790,148109, 49236,110358, 878352,131589, 624181, 726

1, 230, 752492,186

4,149,694165, 51048, 578137, 45111, 78428,44957,610253,011157, 842158,905271, 290141, 717583,481180, 70694, 74779,016

244, 641322,913166,94387, 524234,335220,99893,81337,39771,19691,427333, 525871,350117, 321109,166

$40,69595, 42029,306

309, 67942,94136,12736, 5826,482

~~13,~64899, 427116,70034, 427

46, 21746,464134, 95118, 2584,61212, 868

10218, 838198, 86715, 288

392, 11129, 48653,1656,0039,82087,13631,09112,18467, 24523,66078,4006,391

317,1091,447

508, 85519, 07310, 6507,090

40015, 669

101, 39319,64487, 833227,93972,00241, 79119,70376,03920,00818,73870,4433,82010, 8223,6526,081

24, 230686

4,2098,747

119,326

$67,962396, 610167,0536,988

139, 80081,453137, 027104, 887

r157,~877270, 405184, 886455, 869

228,459

""758~424110,879118, 944152, 300

1, 235, 232201, 300264,33670, 24337,168184, 371131,09948,024444, 38978,06087, 776536, 888234,939

1, 582,187204, 422

1,191,139519,068

1,808, 75149, 757

254, 707

48, 587271, 897936,010143,338133,03364, 676

279, 850255,344

43,737247,642139, 218534, 51677,09095,086147,490214, 74364,965

$20, 77344, 54024, 2401,563

66, 7675,999

33, 33122, 41117,30040, 615124,1275,996

36, 74936,19727,15545, 71014,33069, 9317,77520,54014, 89465,00839, 39622, 59719, 76514, 75038,40046,2008, 66454,2208,751

21, 34023, 32937,08142, 60315,56016,65050,000

84, 79497,908839, 220115,123

8,125-7,38121,00013,60010,80041, 23184,62013,90019,20031,31218, 8366,80016,17522, 5657,105

31, 57673,12843,65025,80642, 25834,50035, 6058,0941,395

$43, 992335, 509243, 752119, 794143,019109, 401256, 91519, 395

274,00096,414467, 23085, 378558, 76113,340

395, 344100, 249133,170308, 776103,02641, 949133, 455575, 753170,177179, 872409, 777133, 86427, 262

$205, 418207,92533, 67864, 336146, 55845, 70245,38231, 053

48, 300365, 393107,422169, 924

3 4,

50, 873657, 32024,19931,655224,147183, 800227, 111120,044242,921284, 354037, 56174, 91644, 55952,90011, 346

575, 488107, 64769, 258349,11458,15435, 48277,485

542,493163,10870, 53343, 85979,15382,48120,30418, 54594,05170, 734

93, 51490,896191,93442, 369717, 574180, 0503,367

74, 740

"667926"

66, 55917, 28239, 23766, 216404,07784,6293,327

48, 52336,128

5,40021,39227,6118,27545,040

9,56979,062171,37714, 74818,07167, 201

13, 41643, 922199, 05174,177113, 474192, 62868, 703132, 64862, 76787, 96022, 673145,045209, 609100,19463,089132,03014,88345, 61711, 664

31, 72788,085201, 23676, 23194,832

44, 570214, 393564, 76816,324





Disposition of proceeds of liquidation .


$489,317

15

2,778231

1,821109

18, 4933, 831

15217, 513

1,4593;103

254,926

334213

14,3841,0051,9477,577

932,321

4001,5275,916

33316

14 99712,518

1,270

5,473

16 4901,8942,273

3,00933,319

572 200

45

4 4555 369

34

72215

3,7598,8601 083

26439

1 9042,761

Receiver'ssalary,

legal, andother

expenses

$14, 90338, 84720, 05513, 38118,1268,008

16, 51410,059

1,52714, 30934, 34419, 93942, 533

61140, 36719, 73413 76547, 55713, 25911, 65220,14834,80124,41223, 74219,46013, 71617,2086,560

14,64827,10412 6242,403

23,77022,26238,87810,11744,97827,13648 8916,9071,746

14,668438731

1,0364,3359,103

12 35011 7836,798

24 52813 7663,4604 543

14 86311,73220,034

6,24718,18611,98214 3584,1961 3356,575

13,14128 1728,6728,006

Cash inhands of

comptrollerand

receiver

$32, 9881,846

29,18116, 8186,030

11, 23730,1582,1668,331

10, 53131, 51011, 64948, 859

54, 62411, 465

97, 6705,9831,6579,619

79,60546, 32138, 60862,12210, 78411, 86710,3232,8575,7571 6022,0362 450

42,655130,431

9,196219, 806

64643 385

7,053

2,957

14, 3029,643

16, 3067,946

13 59927, 597

17 77314 175

3 24348 6052,784

45, 9938,6041,298

13,89618 0073,4662 6608,291

17,86775 27013, 3336,328



$146, 644745, 577325, 009298, 223226, 641156, 286395,17596, 976

301, 754214, 254662, 964279, 546931, 304

50, 2571,119,418

335, 055182, 470

1, 030, 029187, 321106, 968242, 673

1,648,207486, 517359, 757819,554167, 255224, 54891,30159,850

773,318118, 66963,311

499,075408, 469

1, 519,302266, 763

1,619,557710, 893

4,068,04273,19351,994

176,33725,70043, 560

166,405172,830381, 743107,223505,109338, 533

19,93669,322

393,495175,999518,44280,823

121,637244,829214,984

43,68784,00190,660

175,8821,005,907

152,467158,054

Divi-dends

(per cent)

304575406070652090.84570306026. 5423530G630553855353550508010

85852050454515451540

3 10010085.73044.107

40101055.5802517701055

1065707

40803550206060


2.23


June 15,1929

Oct. 31,1929

Sept. 18,1929

Sept. 30,1929

Oct. 31,1929

Oct. 31,1929

11131114111511161119112011211122112311241125112611281129113011311132113311341135113611381139114011411144114511461147114811491150115111521153115411551156115711591160116111621164116511661167116811691170117111721173117411751176117711781179118011811182118311841185118611871188





Capitalstock at


pointed

11891190119111921193119411951196119711981199120012011202120312041205120612071208120912101211121212131214121512161217121812191220122112221223122412251226122712281229123012311232123412351236123712381239124012411242124312441245124612471248124912501251125212531254125512561257

l

First National Bank, Mullens, W.VaFirst National Bank, Hanna, OklaFirst National Bank, Lisbon, N. Dak _First National Bank, Delta, Utah iFirst National Bank, Lorena, TexFirst National Bank, Plainville, KansFirst National Bank, Laurel, Nebr _Chase County National Bank, Cotton wood Falls, KaFirst National Bank, Derby, Iowa__ _Laurens National Bank, Laurens, S. CFirst National Bank, La Porte City, IowaCitizens National Bank, Shelbyville, 111Astoria National Bank, Astoria, OregFirst National Bank, Balaton, Minn.*Farmers National Bank, Phillipsburg, KansFirst National Bank, Galva, Iowa 1

First National Bank, Ashton, IdahoNew First National Bank in Springfield, MoFirst National Bank, Greenfield, IowaFirst National Bank, Carrington, N. Dak_._First National Bank, Osborne, Kans,First National Bank, Toronto, S. DakFirst National Bank, St. George, S. C._.First National Bank. Rolfe, IowaCommercial National Bank, Statesville, N. C._First National Bank, Bristow, OklaFirst National Bank, Stewardson, 111.First National Bank, Avooa, MinnFirst National Bank, Rice, Minn..American National Bank, Sarasota, FlaFirst Citizens National Bank, Mt. Sterling, OhioFirst National Bank, Moweaqua, 111First National Bank, Marshalltown, IowaFirst National Bank, Arcadia, Ind _._Peoples National Bank, Independence, Iowa1-First National Bank, Independence, Iowa l

First National Bank, Calexico, CalifFirst National Bank, Denton, TexFirst National Bank, Plainview, NebrLake County National Bank, Madison, S. DakSecurity National Bank, Fargo, N. DakCitizens National Bank, Woonsocket, R. IFirst National Bank, Dublin, Ga__._First National Bank, Aledo, HI...First National Bank, Wesley, Iowa...rCarolina National Bank, Darlington, S. C_First National Bank, Farmland, Ind iLainar National Bank, Lamar, S. C __Hartington National Bank, Hartington, NebrFirst National Bank, Cheraw, S. C_ _First National Bank, Dunn, N. C_Farmers National Bank, Wakefield, NebrFourth National Bank, Macon, GaFirst National Bank, Richland Center, WisFirst National Bank, Garner, Iowa*.First National Bank, Warren, IndFirst National Bank, Covington, Ind.1Cass County National Bank, Casselton, N. D.First National Bank, Benson, N. CPeoples National Bank, Middletown, DelFirst National Bank, Fort Lauderdale, Fla.1 _.First National Bank, Mena, Ark.1First National Bank, Lewisville, Ohio_First and Moorhead National Bank, Moorhead, Minn-Exchange National Bank, Denton, TexFirst National Bank, Frisco, TexFirst National Bank, Kingsbury, TexFirst National Bank, Coleridge, Nebr

Nov. 3,1922Dec. 8,1919Mar. 30,1887Nov. 17,1919Mar. 15,1907June 17,1904May 19,1910June 21,1882Mar. 23,1916Oct. 22,1914Aug. 12,1889Aug. 1,1904Aug. 9,1890Apr. 30,1903Aug. 18,1915Mar. 23,1914Sept. 3,1912June 6,1925Apr. 23,1900July 6,1900Jan. 28,1885July 8,1902June 5,1922Apr. 24,1894Dec/ 28,1908Apr. 29,1902May 14,1909July 31,1918Apr. 1,1920Apr. 7,1925May 16,1900Apr. 5,1905Apr. 25,1864July 8,1909July 30,1874Oct. 27,1884Jan. 27,1910Oct. 30,1882July 27,1909Oct. 2,1914Nov. 25,1919Jan. 19,1865May 3,1902Jan. 24,1904May 1,1900Apr. 14,1911Oct. 1,1902Sept. 5,1917May 21,1900Feb. 4,1909Mar. 24,1904Mar. 24,1911Aug. 2,1906Aug. 7,1905Aug. 24,1892May 10,1905Sept. 9,1910Jan. 11,1904Dec. 16,1924June 2,1883Sept. 20,1921Feb. 29,1904Dec. 9,1907Aug. 13,1881May 7,1883July 2,1902Aug. 15,1912May 18,1910

$25,00025,00050,00030,00030,00050,00040,000100,00050,00050,00075,00050, 000200,00025, 00050, 00050,00050,000125, 00050,00050,00050,00025,00050,00050,000100,00050,00025,00025,00025,000100,00085,00075,000200,00025,00075,000100,000300,00050,00040,00075,000100,000100,000200,00050,00025,000100,00040,00025,00040,00050,00050,00050,000500,00050,00050,00025,00070,00025,00050,00080,000100,00050,00025,000150,000100,00025,00025,00040,000

Jan. 16,1928.do.

Jan. 21,1928Jan. 23,1928

.do..-doFeb. 2,1928Feb. 6,1928Feb. 10,1928Feb. 15,1928

.do.Feb. 21,1928Feb. 24,1928Feb. 29,1928Mar 2,1928Mar. 6,1928Mar. 10,1928Mar. 17,1928Mar. 21,1923Mar. 26,1928Mar. 30,1928Apr. 3,1928

do.do

Apr. 19,1928Apr. 25,1928May 1,1928May 5,1928May 12,1928May 15,1928May 19,1928May 23,1928June 11,1928July 3,1928July 5,1928

doJuly 24,1928Aug. 15,1928Aug. 22,1928Aug. 29,1923Aug. 30,1928Sept. 18,1928Sept. 24,1928Sept. 27,1928Oct. 12,1928Nov. 2,1928Nov. 3,1928Nov. 9,1928Nov. 13,1928Nov. 14,1928

doNov. 21, 1928Nov. 26,1928

.doDec. 4,1928Dec. 7,1928Dee. 8,1928Dec. 10,1928Dec. 11,1928Dec. 14,1928Dec. 15,1923

doDec. 19,1928Dec. 24,1928Dec. 26,1928Dec. 31,1928Jan. 10,1929Jan. 12,1929

Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.


EEPORT OF THE COMPTROLLER OF THE CURRENCY 325appointment of receivers, and closing, with amounts of nominal and additionallosses on assets, expenses of receiverships, claims proved, dividends paid, and


Estimatedgood

$149, 56814, 82689, 322

26, 20668, 589

1,714140, 51581, 903

118, 86965, 42454, 593

1, 296, 515

47, 200

51,424323,105119,161

79, 23585, 55995, 99268,04457, 346

769, 917380,301152,37245, 38591,198

310,931412,178233,863908,443122, 205

846, 745151, 744117,512238, 383510,349580, 971277, 770421, 55339,593

248,06610,15919,831

174, 70060,535

203,073187, 282

8.123,464' .153,637

105, 7892,850

187,197141,837399,828103. 309

5; 013139,426

1,268,833194,44746,20233, 998

128,618

Estimateddoubtful

$87,10725, 403

333, 568

46, 75474, 97318,171

136, 853269, 27387, 663

126, 58137, 969

953, 690

226,463

89,472321, 868150, 720291, 387240, 239109, 552272, 817

91, 082195,038245,257105, 545128, 71488,058

260,082346,583114,097807,084102,141

151,541128,337229,458196, 325640,336703,792911,43998,004

155,093361,99851042

1667462243,428131,27484,614

264,9631,070,097

463,1-44

83,65973,134

140,48561,811

195,90666,89042,34492, 781

813,433251,87330,13542,033

132, 545

Estimatedworthless

$22,24415,41074,20039, 39925, 22877, 63385, 831

125, 24317, 51342,13970, 96863,104

445, 399

13, 293

53, 607128, 764115, 61360, 29791, 59320, 57830,18473, 778

106,71873,177

197,41279,17623,842

100,369202,150174, 664127,38212,554

106,191104.27341,285

103,740

122,891561,44897,699

3,910115,73644,7182,494

38,088110, 30980,343

112,196938,815204,104

32, 76851,95734,873

111, 021119,05150,10156,39417,600

184,25394,63416,6018,2596, 547

Additional

assetsreceivedsince


$11, 5291,883

13. 948976

2,94812, 05886, 35025, 32032, 6076,4449,7386,032

123, 7071, 20J2

162, 82"01,787

38, 42917,31417, 828

119, 38453,14685, 73144, 95344,-86182,48025,58223,52724,83217, 56318,941

130,81515, 27648, 33028,060

318448

61,84015,40510,51021,73916,61226,15015, 77519, 7032,099

74,47529, 5954,] 03

72,09920,6684,957

74,708154,23791,106

no12,89778,18447,95214,4614fi,994

12,43024,13592,40010, 5.822, 5502,494

88, 239


$25, 00025,00050, 00030, 00030, 00050, 00040, 000

100, 00050, 00050, 00075, 00050, 000

200; 00025, 00050,00050, 00050, 000

125, 00050, 00050, 00050, 00025, 00050, 00050, 000

100,00050,00025,00025,00025,000

100,00085,00075,000

200,00025,00075,000

100,000

50;00040,00075,000

100,000200,00050,00025,000

100,00040,00025,00040.00050,00050,00050,000

500,00050,00050,00025,00070,00025,00050,00080,000

50,00025,000

150,000100,00025,00025,00040,000


assessments

$295, 44882, 522

561, 03870, 375

131,136283, 253232, 066527, 931451, 296305,115347, 711211, 698

3,019,31126, 202

499,77651, 787

282, 932916, 051453. 322600; 303520, 537336,853465, 998317, 067

1,254, .153774,317503,856303,107245. 661790,323

1,176, 726612, 900

2,091,239289, 96075,318

100,4481,166,317

449,759438,765635,187

1,167, 2971,533,8041,966,432

686,959225,695900, 275181,514217,890568,315372, 786422,987689,149

10,*86,613961,99150,119

240,113276,125435,507379,130841, 779220,360166,181298,942

2,508,919651, 536120,488111,784395,949



assetsincludingf\ i TTI f\ o n f\ QU.I V li_i" 11 <-lbpaid andrecovered

$130,42827, 669

200, 635976

44, 791102, 399

9,831200, 855

87, 015173, 872112, 32873, 467

1. 39fi, 2021, 202

172, 6701,787

92. 609275, 021186,102185, 405220, 978

92, 752124,18699.144

600,109298,660115,987131.703153,681274,227494,353249,676890,669157,112

318448

179,882206, 561161,209232,835

1,040, 585621, 504414,682277,912

81, 744266. 783

38', 03937, 551

216,15364,285

104,301330,690

6,514,439187,115

11083, 41821, 561

118,204120,090306,595

18,217125,077

1,199,741258, 73330,39722,806

132,410


stockassessment

$2, 5267,000

13, 7006,980

17, 9503,0001,300

94, 59533,61739,41957,12421, 045

112, 0823, 235

27, 79450,00013, 52618,0005,665

16, 3957,1004,8009,300

11, 51670,1655,0005,7008,8348,059

46,38638, 99417,325

129,65017,97959,46883,112

19,0756,598

43,905

83,86824,24329,89311,47538,31229,22511,14314,41019, 74720,12311,000

241,63938,91026, 775

57552,81517,30036,42568,076

10,75022,65852,20756,0331,4009,0256,750

11891190119111921193119411951196119711981199120012011202120312041205120612071208120912101211121212131214121512161217121812191220122112221223122412251226122712281229123012311232123412351236123712381239124012411242J24312441245124612471248124912501251125212531254125512561257



TABLE NO. 44.—National banks in charge of receivers, dates of organization)assets, amounts collected from all sources, loans paid and other disbursements,remaining assets returned to shareholders October 31, 1929—Continued


Offsetsallowed

and settled


offsets


order ofcourt


assets


stockassessment

Assets re-turned to


Dividendspaid

Secured andpreferredliabilitiesincludingoffset paid

11891190119111921193119411951196119711981199120012011202120312041205120612071208120912101211121212131214121512161217121812191220122112221223122412251226122712281229123012311232123412351236123712381239124012411242124312441245124612471248124912501251125212531254125512561257

$23, 6882,3079,464

3,1032,174522

19, 53718,1465,9875,9123,541

115,313

9,470

6,44560,00214, 99127, 31120, 9028,433

41, 85510, 08484, 74035,94625, 04314, 8197,129

10, 60253,03528, 517165, 0129,493

10, 74120,13116,00426, 270

105,49650,73625,1586,53553,692

5,3186,907

22, 62338, 54539, 676921,91433,804

6,870

23, 2738,19716,681

6,381130,56844,9273,95912,394

- 10,562

$156, 64236, 976223, 7997, 956

65, 844107, 57311,653314,987138, 778219, 278175, 36498, 053

1, 623, 5974, 437

209, 93451, 787112,580353, 023206, 758229,111

105, 990175, 341120, 744755,014339, 606146, 730155, 356168, 869331, 215586, 382295, 518

1,185, 331184, 58459, 78683, 560190, 623245, 767183,811303,010

1,040, 585810, 868489, 661332, 96399, 754358,78767, 26454, 012237,470106, 655162,969381, 366

7,677,992259,82926,88590,86374,376

188, 777164, 712391,352

28,967154,116

1,382, 516359, 69335, 75644, 225149, 722

$45629

298, 43939, 39953, 2426,3207,693

207, 53951, 75375, 25627,21613, 26228,462

13, 752

17, 3577, 364

52, 846879

CO, 315

25329,423

4,88417, 3717,09411,301116, 60536,14238, 5753,554

4,85225,1296,335

120, 69116, 70713,0484,5947,318

10,237

11,662975

3,72841. 714

25JJ3877,864

8,7983,650

1,235

58310, 61336,356

30

6,973

$116, 28726, 9172,500

122, 360174,020

$22, 47418, 00036,30023,02012,050

244, 382

127, 25571,428

1, 279, 334

253, 884

47,00038, 7005,405

16, 38310, 58117, 87628, 95587,91821, 76522, 206

116,521448, 664149, 383336, 708168, 342210, 663249, 704128,416469, 304389, 711332, 942114,21452, 757

394,193427, 733223, 565796, 98394,801

36, 474107, 00044, 33533, 60542,90020, 20040, 70038,48429, 83545, 00019, 30016,16616,94153, 61446,00657, 67570, 3507.02115; 532

974, 706168,215196,423294, 7476,021

690,0971, 287, 966329,295105, 098469, 563103,475150, 021293, 593234, 903226,413227, 069

2, 598, 873683,208

30, 92533,40231,095

124, 825175, 766235,380200,843437,268220,36097,381131,871992, 254247,84661,13251,584

206,004

16,132175, 75720,10713, 52561, 68810, 77513, 85725, 59030,25329,87739,000258,36111,09023,22524,42517,1857,700

13, 57511,924

39,2502,342

97, 79343,96723, 60015, 97533, 250

$71,91326, 049177, 3915,099

4 58, 65824, 883

204, 931

160, 489127, 53550,170

788, 6033,422

78, 67149, 422,48, 93780, 689168, 56156, 434130, 55133,90549, 74873, 265

312, 215103, 73856, 91794,012136, 85132, 597

236, 238132, 294852,071113,99645, 92781, 358

143,07647, 748163, 609

1,030, 659391, 860

169, 52956, 025124, 53628,15521, 784124, 75952,04349,415178, 548

3 4,295,819110, 62823,18650,18166,55068,10451,344

156,863

9,11392,860

3 770, 486284,65.712,304

$74, 5105,4839,464

3,38563, 625

52297,90992, 81746, 80629,16736, 270739,107

103, 291

49, 625218, 92115,093

133,07877, 29654,749

100, 35529, 224

289, 360191, 69746, 52640,40516, 685

268,182227, 567147, 719176,24552, 503

151, 82156, 205115,89989,1191,150

301,216364, 531133,02621,974154,90137,81920, 22876, 74343, 34889, 556108, 745

2,677, 42161,163

13, 077651

72, 32196, 953178,159

15,16336, 437545, 46749,99410, 67525, 57691,027

3 Including dividends paid through or by purchasing banks.• 100 per cent paid by purchasing bank.


HEPOET OF THE COMPTROLLER OF THE CURRENCY 327




$9251

266248

1,678557762

1,583

1,280

3874,660

7635,5004,8421,9911,093

1,057195

5,7852,8211,094

12,1824,117

41,4245,203

1,647220541

392

10, 513

102

1151,386

1,440258

5,32214,486

651623

210

1,617

762

5,342548

3,394

1. 651

Keceiver'ssalary,

legal, andother

expenses

$8,7344,8109,848

7753,5357,3671,290

12,1479,0609,2899,1926,035

40,9921,015

14,3832,3658,446

19, 63413,67616, 71015,2679,331

12,1017,744

29, 78820,3538,3206,8606,808

17,64025.0008,896

29,683,7, 5511,3442,202

16,37013,9798,903

10, 111785

19, 56211,80014, 0735,777

12,946729

5,5418,1536,5409,1837,886

73, 57414,340

3924,8162,6046,8106,6208,295

4894,692

17,92812, 2042,4414,5494,690

Cash inhands of

comptrollerand

receiver

$1,393583

27,0962,082

11,4509,841

36,901

8,9134,816

53,312

12,309

5,18529,1198,665

17,38921, 024

6,01412,04410,511

123,65122, 76134, 7728,2945,704

11, 70285, 3952,492

85,9085,331

12, 515

20,78532,28710, 72040,171

7,99197, 838

113, 3305,822

15, 97866, 242

5616,344

26,4294,724

13, 37585,929

625,85659, 2073,307

22,1383,948

41, 5409,785

46,418

3,44020,12743, 29312, 2906,942

14,10052,354


$1,016


$152,03026,046

443,51218,88658,658

104,38314,822

204,931171,412152, 935159,42550,180

1,752,45225,015

123, 80550,172

108,682403,450307, 661222, 636261,179167,961210, 545133,359892, 042436, 852381, 946188, 229161, 044312,108676, 299293, 926

1,420,111163, 92076, 545

102,059

286,959221,039349,751

1,030,659978, 365

1,112, 865423,844148,815416,041

93,851126,865356,461260,421200,935397,519

6,607,415742,12551,525

171,13270,053

266,990129,595400,549

60, 756186, 062

1,467, 862379, 54345,42110, 766

137,166

Divi-dends

(per cent)

451004027

* 10020

100

10080

1004513.674598. 5054020552050202555352515508510354560706079.717

502545

10040

404030302035202545

3 6515603095254033.333

1550

3 507530


4.94


Mar . 30,1929

June 30,1929

Aug. 31,1929

June 18,1929

Mar . 18,1929

Oct. 31,1929

11891190119111921193119411951196119711981199120012011202120312041205120612071208120912101211121212131214121512161217121812191220122112221223122412251226122712281229123012311232123412351236123712381239124012411242124312441245124612471248124912501251125212531254125512561257

79003°—30


328 REPORT? OF THE COMPTBOLI/EB OF THE CURRENCY

TABLE NO* 44.—National banks in charge of receiver8r date* of organization,assetsf amounts collected from all sources, loans paid and other disbursements)remaining assets returned to shareholders October 81, 1929—Continued


Capitalstock at


pointed

12581259126012611262126312641266126612671268128912701271127212731274127512761277127812791280128112821283128412851286128712881289129012911292129312941295129612971298129913001301130213031304130613061307130813091310131113121313

Exchange National Bank, Spokane, Wash .__First Exchange National Bank, Coeur d'Alene, Idaho_First National Bank, Wagener, 8. C _..Minneapolis National Bank, Minneapolis, Kans _.First National Bank, Melvin, IowaFirst National Bank, Manchester, Iowa __.Citizens National Bank, Hope, Ind.. _First National Bank, Avon Park, Fla. _First National Bank, Punta Gorda, FlaFirst National Bank, Bixby, Okla...First National Bank, Brunson, S. CCarlton National Bank, Waucbula, FlaFirst National Bank, Roekford, IowaNational Bank of Ainsworth, Nebr.sFirst National Bank, Erskine, MinnNational Bank of Larimore, N. Dak.First National Bank, Denton, MontFirst National Bank, West Alexandria, OhioFirst National Bank, Sandersvffle, Ga _National Bank of Enimetsburg* Iowa_First National Bank, Waverly, Va.L__First National Bank, Sanborn, N. DakPeoples National Bank, Adena> OhioReed City National Bank, Reed! City, MichFirst National Bank, Ruthven,IowaFirst National Bank, Sebring, FJaFirst National Bank, Lakeland, FlaFirst National Bank, Auburndale, Fla_ ._National Exchange Bank, St. Paul, Minn.iFirst National Bank, Shinnston, W. VaFirst National Bank, Aneta, N. DakRosedale National Bank, Rosedale, Miss._First National Bank in Langdon, Langdon, N. Dak..First National Bank, Mayville, N. DakPolk County National Bank, in Bartow, FlaEast Alabama National Bank, Eufaula, AlaNational Bank of Newberry, S. CSouth Pasadena National Bank,South Pasadena, CalifFirst National Bank, McHenry, N. Dak__First National Bank, De Land, FlaFirst National Bank, Sanford, FlaFirst National Bank, Dahlgren, 111First National Bank, St. Augustine, FlaFirst National Bank, Winter Garden, Fla.sMiners National Bank, Blossburg, Pa _First National Bank, Drayton, N. DakFirst National Bank, Maquon, Hl__Henry National Bank, Abbeville, Ala_First National Bank, Moultrie, Ga _.First National Bank, Montezuma, IowaFirst National Bank, El Dorado Springs, Mo _.First National Bank, Delta, Colo _Farmers National Bank, Red Oak, Iowa _ _Taylorville National Bank, Taylorville, 111First National Bank, Taylorville, 111 _First National Bank, New Bern, N. C

May 4,1889Jan. 14,1904Feb. 11,1914June 14,1887Oct. 9,1900Jan. 17,1890Feb. 7,1901Feb. 10,1916Apr. 6,1914Dec. 1,1913Mar. 7,1916Jan. 7,1915July 18,1883Jan. 2, 1908Apr. 22,1918May 26,1902Jan. 8,1916May 10,1920Aug. 15,1905Apr. 5,1927Oct. 2,1916Oct. 12,1906Aug. 8,1901Dec. 8,1923July 7,1900Dec. 27,1921June 9,1910Aug. 17,1926Jan. 10,1917June 14,1909Feb. 18,1919Nov. 11,1921Mar. 9,1927Apr. 4,1887Apr. 1,1929Dec. 23,1886May 6,1871Nov. 17,1925Feb. 1,1906Jan. 5,1910Apr. 19,1887Apr. 26,1905Feb. 16,1886June 20,1919June 6,1895Mar. 22* 1902Nov. 10,1906Feb. 21,1917Dec. 19,1904May 21,1883June 30,1911May 22,1900Nov. 9,1901Apr. 6,1907Oct. 9,1886Mar. 18,1929

$1,000,000100,00050,00060,00025>00050,00030,000

100,00050,00025,00025,00050,00050,00035,00025,00025,00025,00040,00050,00060,00025,00025,00050,00025,00025,000

100,000100,00050,000

300,00090,00025,00085,00050,00050,000

200,000100,000100,000100,00025,000

100,000150,00030,000

130,00050,00050,00050,00035,00050,000

100,00050,00050,00050,00060,000

150,000200,000150,000

Jan. 18,1929Jan. 19,1929Feb. 9,1929

doFeb. 12,1929Feb. 13,1929Feb. 15,1929Feb. 18,1929

doFeb. 20,1929


doMar. 13,1929Mar. 14,1929Mar. 15,1929Apr. 2,1929Apr. 10,1929Apr. 13,1929May 2,1929

doMay 4,1929May 15,1929

doMay 16,1929May 22,1929June 3,1929June 10,1929June 14,1929June 25,1929June 28,1929July 1,1929

doJuly 2,1929July 3,1929July 12,1929July 15,1929July 22,1929July 25,1929

do.July 30,1929Aug. 12,1929Aug. 14,1929Aug. 16,1929Aug. 27,1929Sept. 16,1929Sept. 23> 1929Sept. 25,1929Oct. 14,1929Oct. 18,1929

doOct. 26,1929

37,834,500

1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold.* Restored to solvency.


EEPORT OF THE COMPTEOLLEE OF THE CUERENCY 329appointment of receivers, and closing, with amounts of nominal and additionallosses on assets, expenses of receiverships, claims proved, dividends paid, and


Estimatedgood

$7,277,683804,625

19,033142,50054,673

301,745169,1.20181,452165,603108,96825,093

196,45543,172

70,97863,23837,685

289,93477,510

303,7614,928

50,910296,523189, 75285,76485,097

731,968109,66765,490

458,88735,13457, 380

113,71078, 536

413,486234,813409, 892519,063

7,051411,626535, 531147,783812,843

695, 77151,931

. 118.65799', 77214,201

149,375105,651205,160248,084

139,954, 352

Estimateddoubtful

$1,194,550211,02196,372

274,46273,401

301 588150,469274,513261,90371,59889,504

275,89390,652

82,186102,30661,24369,988

378,082441,349

13,98656,235

325,16859,678

142,649232,666

1,315,256238,338273,007456,963152,126118, 576173,490134,102885,600294,669700, 759131,40050, 573

877,7551, 203, 586

64,5601,164, 714

378, 266136,99659,176

206,860139,786298,984133,113307, 531217,766

133,480, 564

Estimatedworthless

$1,492,690125,96717,254

280,8812,360

85,37344,256

131,038100,67027,20320,43555.126

112,833

42,26112,04214,11566,27172,13542,34540,107

21712,6097,747

138236,331293,81482,26718,88976,07354,92360,61811,43018,299

730, 857276. 029231', 915146,44141,094

326.744390, 535

12,041526,181

263,68335,68816, 354

153,07836,808

116,382163,55390,903

5,966

73,510,989

Additionalassets

receivedsince


$1,175,12228,344

1,01835,84649,45044,50930,1045,9868,5847,034

6163,854

65,276

93824,3091,951

16,0075,3964,246

16,14117,1287,3395,7327,921

309187,37024,0855,386

22, 5468,8681,7212,460

28,8315,399

11,1622, 272

11, 250790

2,9725,046

5064,352

6292,1121,093

37,496,442


$1,000,000100,00050,00060,00025,00050,00030,000

100,00050,00025,00025,00060,00060,000

25,00025,00025,00040,00050,00060,00025,00025,00050,000

25,000100,000100,00050,000

300,00090,00025,00085,00050,00050,000

200,000100, 000100,000100,00025,000

100,000150, 000

130,000

60,000

60,000

34,149,500


assessments

512,140,0451,269,957

183,677793,689204,884783,215423,949692,989586, 760239,803160,648581,328361,933

221,363226,895139,994482,200583,123851,701100,162149,490691,639262,909261,472654,403

2,628,408502,357662, 772

1,104,469276, 051323,295351, 090309,768

2, 235, 342916,673

1, 444, 838908,154124, 508

1, 719, 0972, 284,698

224, 8902,638, 090

1,387,720225, 244196, 299510,803190,795564,741402,317603,594471,816

418,591,847




$6,442,025784,41411,411

142,60276,605

225,812192,22888, 735

193,98698,2096,073

90,79779,947

44,47644,10772, 520

246,94497,559

201,36025,15132,790

253,86343,34995.59088; 850

849,61922,04036,903

216,01629,74045,42328,44222,880

344, 900137, 28992,187

348,6294,485

208,180331, 20927,949

213, 600

11,96434,06657,916

181,035,904


stockassessment

$511,84821,47212,82538,5883,000

39,35022,70012,07516,1362,950

20,1652,425

7,9792,1852,900

33,1255,3515,425

19,0753,875

32,700

4,9854,375

20,1904,025

85054,74014,443

4,6257,150

64,7009,146

31,08343,067

19, 77132,863

33,775

500

16,531,932

12581259126012611262126312641265126612671268126912701271127212731274127512761277127812791280128112821283128412851286128712881289129012911292129312941295129612971298129913001301130213031304130513061307130813091310131113121313




1258125912601261126212631264126512661267126812691270127112721273127412751276127712781279128012811282128312841285128612871288128912901291129212931294129512961297

1298129913001301130213031304130513061307130813091310131113121313

Progress of liquidation to date of this report

Offsetsallowed

and settled

$686,69595,0843,383

54,9149,154

32,25626,85812,55448,13418,22411,94829,5319,268

5,62812,60310,260

. 14,51217,26733,128

2,11522, 586

7,48011,540

187,68729,405

46,9658,145

622,3036,008

45, 3302,585

24,18043,103

54919, 67485,4712,868

39,904

1,2131,4312,653

22,363,737


offsets

$7,640,568900,97027,619

236,10488,759

297,418241, 786113, 364258, 256119, 38318,021

140,49391,640

58,08358,89585,680

294,581120,177239,91344,22638, 780

309,14943,349

108,055104, 765

1,057,49656,07037,753

317, 72152,32845,48535,37036,038

454, 930149,020147,450434,799

5,034247, 625449,54330,817

287,279

13,17735,49761,068

219,931, 573


order ofcourt

$143,48433,348

10,281

137635

2,970372

29,631

90250,011

3,886

1,231

50,257

24,983

950

88

65,020, 500

Eemaininguncollected

assets

$3,867,841257, 111118,883525,89294,125

475,147174,863491, 700294,503

97, 735117,627411,000222, 718

143,289144,813

2,583180,744418,297556,311

89,585361,304219, 560132,171454,013

1,440,845400, 312325,869751,488213,166192,810270,345230,880

1, 645,112676, 799

1, 228,471391,43994,474

1,390, 2931, 718,018

193,9852,254, 586

1,337, 720212,067160,802400,235190,795564,741402,317603,594471,816

115,979,680


stockassessment

$488,15278,52837,17521,41222,00010,6507,300

87,92533,86422,05025,00029,83547, 575

17,02122,81522,1006,875

44,64954,5755,925

21,12517,300

20,01595,62579,81045, 975

299,15035,26010, 55785,00045, 37542,850

135,30090,85468, 91756,93325,00080,229

117,137

96,225

50,000

49,500

17,617,568

Assets re-turned to


$42,526

Disposition of proceedsof liquidation

Dividendspaid

3 $5,123,826a 519,162

124,89952,962

149,101129,979

151,27322,351

67,262

27,68436,896

238,538

148,69316,000

128,945

42,048

3 385,909

99,146,915

Secured ancjpreferred !liabilitiesincluding

offsets paid

$2,007,150319,79212,76962,0119,197

92,62353,93981,28464,55371,61914, 76356,14948,205,

38,76017,22632,46931,84183,54233,65525,00021,497

143, 53322,17333,42377, 567

472,98546, 59628,86597,95812,81630,29022,8898,457

321,284111, 91166,894:

244,8223, 607

199,060;248,22210,563

169,485 I

4,93718,05351,398

91,627,505







$21,21211075

204103943807

1,200260200

3919,567

122128

157

62

3,44926640697

6,19212285

1101,178

119

28832

63

3,257,265

Receiver'ssalary,

legal, andother

expenses

$54,0389,1791,8526,9243,5045,1065,5398,0387,7623,6951,7056,9455,944

2,1643,5682,5933,8875,4086,175

4551,3806,1562,1731,5183,3389,7902,5151,8905,1162,2351,7081,8282,0704,1193,9314,2064,875

7613,1503,3821,0023,992

472995

1,473

13,023,895

Cash inhands of

comptrollerand

receiver

$434, 34252, 72712,92342,06622,99349,64551, 52222,84234, 40821, 5181,5539,746

27,924

17,15910, 29513, 59420,31531, 07051,3902,771

15,90330,46319,00327,61723,594

188,4066,862

806214,52537,19213,48710, 65325,401

128,34933,17876, 339

185,093378

45,383197, 939

19, 252113, 739

7,76816,4498,197

12, 521, 593


$354,400


$6,404,854684,08661,818

500,019104,864501, 626341, 574218, 780382,974

98,65355,540

336,310128, 299

93,508138,42754, 581

340,774177,831600,77336,72957,711

429,817

176,188131,480

1, 543, 635124,823

683,231128,30546,01660,265

140,117173, 717

567, 535205,092

408, 494r823,076*

171, 435

84,416

215,103, 321

Divi-dends

(per cent)

3 803 75

25503040

4025

20

207070

2543.56

30

25

3 25



Mar . 25,1929

Oct. 30,1929

1258125912601261126212631264126512661267126812691270127112721273127412751276127712781279128012811282128312841285

128712881289129012911292129312941295129612971298129913001301130213031304130513061307130813091310131113121313



TABLE NO. 45.—National banks restored to solvency after having been placed incharge of receivers

Title and location of bank Receiverappointed

Capitalstock

111163200203208209215220223224232233242300318343374401403416417418473498i>07529639544560553555556561662566572584595604608609622627631636637639641647690705712730750786790792793826828900940953956

10561086111811431163123312711301

Abington National Bank, Abington, MassFarley National Bank, Montgomery, AlaFirst National Bank, Arkansas City, KansCity National Bank, Brownwood, TexCitizens National Bank, Spokane Falls, WashFirst National Bank, Philipsburg, Mont _Bozeman National Bank, Bozeman, MontMontana National Bank, Helena, MontFirst National Bank, Great Falls, Mont .__First National Bank, Kankakee, 111First National Bank, Orlando, FlaCitizens National Bank, Miincie, IndFirst National Bank, Port Angeles, WashState National Bank, Denver, ColoAmerican National Bank, Denver, ColoFirst National Bank, Sioux City, IowaHampshire County National Bank, Northampton, Mass. .Seventh National Bank, New York, N. Y _First National Bank, Austin, Tex . .Boliver National Bank, Boliver, PaFederal National Bank, Pittsburgh, PaFirst National Bank, Allegheny, PaFirst National Bank, Brooklyn, N . YUnion National Bank, Sommerville, PaFirst National Bank, Burnside, KyFirst-Second National Bank, Pittsburgh, PaMarion National Bank, Marion, KansFirst National Bank, Gallatin, TennAmerican National Bank, Pensacola, Fla _First National Bank, Islip, N. YFarmers & Merchants National Bank, Mount Morris, Fa .Union National Bank, Providence, KyFirst National Bank, Perry, Ark.Third National Bank, Fitzgerald, Ga __Wharton National Bank, Wharton, Tex _.First National Bank, Casselton, N. DakFirst National Bank, Daytona, FlaFirst National Bank, Killeen, TexFirst National Bank, Streeter, N. DakState National Bank, Carlsbad, N. Mex_ __Nocona National Bank, Nocona, TexFirst National Bank, Tombstone, ArizFirst National Bank, Lafayette, Colo _ __First National Bank, Poplar, Mont.First National Bank, Lawton, OklaNational Bank of Hastings, Hastings, OklaFirst National Bank, Mohall, N. DakFirst National Bank, Ackerman, MissMerchants National Bank, Ada, Okla.First National Bank, Watts, Calif..First National Bank, Wetumka, OklaFirst National Bank, Tower City, N. DakMilnor National Bank, Mirnor, N . DakFirst National Bank, Spanish Fork, Utah.Citizens National Bank, Jamestown, N. DakCitizens National Bank, Sisseton, S. DakFarmers National Bank, Red Oak, IowaPowell National Bank, Powell, Wyo._First National Bank, Walhalla, N . DakCity National Bank, McAlester, Okla.First National Bank, Volant, PaFirst National Bank, Libby, MontFarmers National Bank, Laurens, S. CFirst National Bank, Hardin, Mont . . .First National Bank, Steele, N. DakFirst National Bank, Granger, Tex __.First National Bank, Warsaw, N . CStockmens National Bank, Nampa, IdahoFirst National Bank, Ha warden, IowaFirst National Bank, Fort Branch, IndNational Bank of Ainsworth, Ainsworth, Nebr..First National Bank, Winter Garden, Fla

Aug. 3,1886Oct. 7,1891June 15,1893June 20,1893July 1,1893July 8,1893July 23,1893Aug. 2,1893Aug. 5,1893

do.Aug. 14,1893

doOct. 5,1893Aug. 24,1895July 26,1896Jan. 7,1897May 23,1898June 27,1901Aug. 3,1901Oct. 1,1903Oct. 21,1903Oct. 22,1903Oct. 25,1907Oct. 16,1908Sept. 17,1909July 7,1913Jan. 12,1914Mar. 25,1914Sept. 2,1914Dec. 30,1914Feb. 4,1915Feb. 12,1915May 17,1915June 3,1915July 29,1915Dec. 6,1915Apr. 16,1917Nov. 16,1920Feb. 16,1921Mar. 19,1921Mar. 25,1921Aug. 25,1921Sept. 16,1921Nov. 9,1921Dec. 12,1921Dec. 22,1921Jan. 4,1922Jan. 12,1922Feb. 20,1922June 20,1923Oct. 2,1923Nov. 7,1923Nov. 28,1923Jan. 28,1924Mar. 21,1924Mar. 24,1924Mar. 27,1924

.doJune 23,1924June 24,1924Mar. 7,1925Oct. 6,1925Nov. 21,1925Nov. 27,1925Nov. 23,1926Jan. 12,1927Mar. 17,1927May 27,1927Sept. 15,1927Oct. 6,1928Feb. 27,1929July 25,1929

$150,000100,000125,000150,000150,00050,00050,000

500,000250,00050,000

150,000200,00050,000

300,000500,000100,000250,000500,000100,00030,000

2,000,000350,000300,00050,00025,000

3,400,00025,00050,000

300,00025,00025,00025,00025,00050,00030,00050,00050,00050,00025,00075,00050,00025,00025,00025,000

200,00025,00025,00025,000

100.0005o;ooo40,00050,00030,00025,00050,00050,00060,00040,00025,00050,00025,00040,00050,00065,00025,00035,00050,00075,00050,00025,00035,00050,000

Total, 72 banks., 12,180,000


BBPOKT OF THE COMPTBOLLEK OF THE CTJEBENCY 333

TABLE NO. 45.—National banks restored to solvency after having been placed incharge of receivers—Continued

271291304386575608639661738

104811101310

Title and location of bank

NATIONAL BANKS BESTORED TO SOLVENCY WHICH SUBSEQUENTLYBECAME INSOLVENT

Citizens National Bank, Spokane Falls, Wash.*First National Bank, Port Angeles,. Wash.1 .First National Bank, Orlando, Fla.1First National Bank, Arkansas City, Kans.1... _Ben Hill National Bank, Fitzgerald, Ga.* *State National Bank, Carlsbad, N. Mex.iFirst National Bank Mohall N Dak 1First National Bank, "Lawto-n, Okla 1First National Bank, Poplar, Mont.1First National Bank, Aokerman, Miss.1 __ __Farmers & Merchants National Bank, Mount Morris, Pa.1Farmers National Bank, Red Oakr Iowa.1

Total, 12 banks

Receiverappointed

Dec. 3,1894Aur. 26,1895Nov. 29,1895Oct. 19,1899Mar. 6,1916Aug. 25,1924Jan. 22,1925Nov. 18,1922Dec. 17,1923Nov. 12,1926Feb. 21,1927Oct. 14,1929

Capitalstock

$150,00050,00085,000

100,00050,00075,00025,000

200,00025,00025,00025,00060,000

870,000

1 Second failure. 2Formerly "Third National Bank."

TABLE NO. 46.—Dividends paid to creditors of insolvent national banks duringthe year ended October SI, 1929


National Bank of Abbeville, Abbeville, S. C._First National Bank, Abingdon, IIIFirst National Bank, Adair, Iowa -Peoples National Bank, Adena, OhioFirst National Bank, Adrian, MinnNew Georgia National Bank, Albany, GaCitizens National Bank, Albert Lea, MinnFarmers & Merchants National Bank, Alcester, S. Dak_First National Bank^ Aledo, 111First National Bank, Alexander, N. DakFirst National Bank, Alexandria, Minn__First National Bank, Algona, IowaFirst National Bank, Allegan, Mich__First National Bank, Allendale. S. CFirst National Bank, Alma, WisAnamoose National Bank, Anamoose, N. DakFirst National Bank, Arcadia, IndState National Bank, Ardmore, OklaFirst National Bank, Armstrong, Iowa__ >...First National Bank, Ashton, IdahoAstoria National Bank, Astoria, Oreg __Georgia National Bank, Athens, Ga_..-First National Bank, Avoca, Mmn__ _ __First National Bank, Baker, Mont.First National Bank, Balaton, MinnFirst National Bank, Bancroft, IowaNational Bank of Barnesville, Barnesville, OhioFirst, National Bank, Bamsdall, OklaFirst National Bank, Barnwell, S. C_First National Bank, Basin, WyoFirst National Bank, Beach, N. DakFirst National Bank, Beardsley, MinnFirst National Bank, Beaver Creek, MinnFirst National Bank, Belle Plaine, IowaUnion National Bank, Beloit, KansFirst National Bank, Bend, OregPeoples National Bank, Bennettsville, S. CFirst National Bank, Benson, MinnFirst National Bank, Benson, N. CFirst National Bank of Benson, Hollsopple, PaFirst National Bank, Biggsville, 111American National Bank, Billings, MontFirst National Bank, Bishop, Calif

Date of ap-pointment of

receiver

Feb. 7,1925Dec. 17,1927Dee. 27,1926Apr.. 13,1929Aug. 16,1926Jan. 4,1928Feb. 18,1927M a y 17,1927Sept. 27,1928Apr. 15,1924Jan. 8,1925Nov. 24,1924Feb. 19,1927Dee. 3,1924Nov. 7,1924Sept. 18,1926July 3,1928Mar. 4,1922Nov. 17,1926Mar. 10,1928Feb. 24,1928Apr. 17,1925May 5,1928May 20,1924Feb. 29,1928Oct. 20,1927Nov. 14,1923June 22,1926Dec. 3,1924June 14,1924Jan. 24,1924Jan. 21,1927Sept. 20,1924Mar. 3,1927Nov. 13,1923Apr. 29,1927July 27,1926July 6,1926Dec. 11,1928Mar. 28,1927Jan. 31,1927Sept. 23,1922Aug. 15,1927

Dividends paid dur-ing the year

Amount

$47, 688. 0254,200. 9818,401. 25

128,945. 3619,947. 626,296. 92

79, 411. 4071,946. 50

169, 528. 7030,383. 23

23.6866, 863. 9751,965.9113, 503.8319,403.9919,980. 03

113,995.5533,448. 7725, 026.1022,225. 33

362, 524. 63348. 68

95,983.4510.16

3, 421.19808.01

82,364. 5612.36

6, 473. 0222, 666. 951,951.00

72,072. 4414, 666. 2774,875.1160, 556. 233,056.11

32,021. 421? 250. 82

51,343. 9745.00

1,000.0050, 793. 4171,155. 96

Per cent

1263.310308.5

10204016

10104.7

1025704.2

102020

50

"13." 67"

9.T

3.910.5

3012. 75331010

15.5

1.971010

Totalper centof divi-dendspaid to

creditors

9280203053.5206060402650453019.730407049.210404510508913.671054.14533.975.5336522. 753345353035.510404581.572040

1 Deduction by reason of dividend previously reported as paid but now canceled.



TABLE N O . 46.—Dividends paid, to creditors of insolvent national banks duringthe year ended October 31, 1929—Continued

Name and location of bankDate of ap-

pointment ofreceiver


Amount Per cent


creditors

City National Bank, Bismarck, N. DakFirst National Bank, Biwabik, MinnFirst National Bank, Bixby, OklaFirst National Bank, Boswell, OklaNational Bank of Bowman, Bowman, S. C.First National Bank, Boyceville, WisFirst National Bank, Brandon, MinnFirst National Bank, Bridgewater, S. Dak..First National Bank, Bristow, OklaFirst National Bank, Britt, IowaFirst National Bank, Broadview, MontFarmers National Bank, Brookings, S. DakFirst National Bank, Brookings, S. DakStockmens National Bank, Brush, ColoFirst National Bank, Buena Vista, GaBurgettstown National Bank, Burgettstown, PaFarmers National Bank, Burlington, KansCando National Bank, Cando, N. Dak__.Farmers and Merchants National Bank, Cannon Falls,

Minn.._First National Bank, Cardwell, MoNational Bank of Carlsbad, Carlsbad, N. MexFirst National Bank, Carlsbad, N. MexFirst National Bank, Carlyle, MontFirst National Bank, Carnegie, PaFirst National Bank, Carrington, N. DakFirst National Bank, Carthage, S. Dak _Cass County National Bank, Casselton, N. DakFirst National Bank, Castlewood, S. DakCommercial National Bank, Charleston, S. C.First National Bank, Checotah, OklaFirst National Bank, Cheraw, S. C_._First National Bank, Cheyenne, Wyo._First National Bank, Chowchilla, CalifClarinda National Bank, Clarinda, IowaFirst National Bank, Clarkston, WashCity National Bank, Clarksville, Tex__First National Bank, Clayton, N. Mex.First National Bank, Clear Lake, S. Dak...Home National Bank, Cleburne, Tex__First National Bank, Clinton, MinnCity National Bank, Coalgate, Okla_First National Bank, Coleridge, Nebr.._First National Bank, Collinsville, Okla._First National Bank, Colman, S. Dak _._Liberty National Bank of South Carolina, Columbia,

S. CFirst National Bank, Columbia City, IndCitizens National Bank, Commerce, Tex_._First National Bank, Conyers, GaCorydon National Bank, Corydon, Ind._Chase County National Bank, Cottonwood Falls,

Kans-__ _First National Bank, Covington, IndFirst National Bank, Creston, IowaMerchants National Bank, Crookston, MinnCarolina National Bank, Darlington, S. C ,First National Bank, Deep Kiver, IowaFirst National Bank, Delano, MinnFirst National Bank, Delta, Utah._._First National Bank, Denton, Mont_Exchange National Bank, Denton, TexFirst National Bank, Denton, TexBroadway National Bank, Denver, Colo_Drovers National Bank, Denver, Colo _Globe National Bank, Denver, ColoDe Smet National Bank, De Smet, S. DakMerchants National Bank of Detroit, Detroit Lakes,

Minn JFirst National Bank, Dinuba, Calif.United States National Bank, Dinuba, Calif_First National Bank, Dubois, IdahoFirst National Bank, Dunbar, Pa

Oct. 18,1926MayFeb.Oct.Dec.Jan.Nov.JulyApr.Feb.Jan.Dec.Feb.Mar.Jan.MayMayFeb.

Dec.Jan.Feb.MayJan.MayMar.Feb.Dec.Feb.Feb.Dec.Nov.JulyMayNov.Feb.Mar.Mar.MayDec.Feb.Nov.Jan.Jan.Aug.

10,192720,19298,192616,192718.192711.192618.192425.19281,192730.19233,19269,19241,1926

26.192514,192521.19246.1926

17.19258.19276.192414.19247,192712.192526,192812,192410,192819,19247.19251,192714.19289.192428.192729.192612.19249.19251,192425.192528.192510.19278,192312.19295,192719.1926

Mar. 4,1926Mar. 31,1927Jan. 20,1927M a y 12,1925Mar. 8,1922

Feb. 6,1928Dec. 8,1928Dec. 12,1925Mar. 24,1924Nov. 2,1928Mar. 25,1926Dec. 12,1925Jan. 23,1928Mar. 5,1929Dec. 26,1928Aug. 15,1928Jan. 16,1926Dec. 24,1925Oct. 1,1925July 6,1926

June 22,1925July 9,1926Mar. 25,1927M a y 5,1927Mar. 7,1927

$3,890.8425,194. 2024,721. 76

237. 64250.52840. 72

25.830. 4125, 737. 77106,073. 3664,002.9010,101. 2079,089.8748,871. 8124, 728. 626,607. 661,925. 7114,832.1651,091. 48

31, 506.1310, 561.1173.831. 0323,628. 0716,465.93

208, 727. 4127,993.6924, 271. 2468,103. 8027,464. 6282, 567.1931, 501. 5452,042. 76

629.5717, 507. 94

295. 8138, 585. 27

79.75.01

35,787. 0993.65

37,090.151.60

41,148. 3122,038.9350,487.99

6,229.0996,076. 4315,756. 85

35.1647,628.15

92,798.2970,053.153, 562. 51

145. 42124, 536. 0511, 207. 012,407. 503, 210. 5436,896. 25284, 657. 46143, 479. 4278, 637. 82

339.3015, 461. 61

' 32,015.57

47, 782. 4120,000. 00

214. 0227, 925. 332,189. 93

1025

19.612.225109.110512.759

5.220

10408.55

71.513.91010.42516.97.82520

10

23.5

10

25

301020

11025

451007.125

3014.5

177075504

10

109.994

26

2100360552520406064.672.225359.1651562.75497045.230

404018.560111.583.92018.42531.927.8652049803083.5106. 3417.23545 >355302530

85.2371960653075

10010037.125733099.5602770755074355550

6465

751 Deduction by reason of dividend previously reported as paid but now canceled.2 To nonassenting creditors in accordance with agreement.3 To assenting creditors in accordance with agreement.



TABLE NO. 46.—Dividends paid to creditors of insolvent national banks duringthe year ended October 81, 1929—Continued




Amount Per cent


creditors

First National Bank, Dunn, N. OFirst National Bank, East Grand. Forks, MinnDrovers National Bank, East St. Louis, 111First National Bank, Edgeley, N. DakFirst National Bank, Eldorado, 111First National Bank, Elkton, S. DakNational Bank of Emmetsburg, Emmetsburg, Iowa...First National Bank, Estherville, IowaFirst National Bank, Excelsior Springs, MoFarmers and Merchants National Bank, Fairbury,

NebrFirst National Bank, Fairfax, S. C ._National Security Bank, Fairfax, S. C.__ __Security National Bank, Fargo, N. Dak __First National Bank, Farmersville, 111 -First National Bank, Farmland, IndFayette City National Bank, Fayette City, Pa _.National Bank of Fayette ville, Fayette ville, N. CFirst National Bank, Florence, S. CFirst National Bank, Forest City, IowaStockmens National Bank, Fort Benton, MontFirst National Bank, Fort Sumner, N. Mex ._First National Bank, Frankfort, S. Dak ___National Bank of Franklin, Franklin, TennFirst National Bank, Frisco, Tex .__First National Bank, Galva, IowaFirst National Bank, Garner, IowaFirst National Bank of Gilmore, Gilmore City, Iowa..Glasgow National Bank, Glasgow, MontFirst National Bank, Glenwood, Minn—First National Bank, Golva, N. DakFirst National Bank, Gonvick, MinnFirst National Bank, Grafton, N. Dak _.Commercial National Bank, Great Falls, MontAmerican National Bank, Green City, Mo -.Merchants National Bank, Greene, IowaFirst National Bank, Greenfield, Iowa..First National Bank, Greensboro, GaCommercial National Bank, Greenville, TexFirst National Bank, Greenville, Tex.Gregory National Bank, Gregory, S. DakMerchants National Bank, Grinnell, IowaTexas County National Bank, Guymon, Okla _First National Bank, Haleyville, Ala __First National Bank, Hallock, Minn _-.First National Bank, Hampton, GaCitizens National Bank, Hankinson, N. DakFirst National Bank, Hanna, OklaFirst National Bank, Hannaford, N. Dak_First National Bank, Harlowton, Mont ._-Hartington National Bank, Hartington, NebrFirst National Bank, Hartley, IowaFirst National Bank, Havelock, IowaFirst National Bank, Ha worth, OklaFirst National Bank, Hayden, ColoPlanters National Bank, Honey Grove, Tex _-Citizens National Bank, Hope, IndFirst National Bank, Hope, N. Dak__.First National Bank, Howard, S. DakHoward National Bank, Howard, S. DakCity National Bank, Hugo, OklaHugo National Bank, Hugo, Okla__First National Bank, Huron, S. DakFirst National Bank, Idabel, Okla_First National Bank, Independence, IowaPeoples National Bank, Independence, IowaFirst National Bank, Ingomar, MontFirst National Bank, Intake, MontFirst National Bank, Inwood, IowaFirst National Bank, Jasper, MinnNational Bank of Jerseyville, Jerseyville, 111-_First National Bank, Jonesboro, ArkCitizens National Bank, Julesburg, Colo...City National Bank in Kearney, NebrNational Bank of La Grange, La Grange, IndFarmers & Merchants National Bank, Lake City, S. C.First National Bank, Lake Mills, Iowa

Nov. 14,1928July 28,1927May 22,1924Jan. 31,1927Aug. 6,1926Dec. 3,1926Mar. 15,1929Feb. 27,1926Jan. 24,1925

Mar. 15,1924Apr. 1,1927Oct. 1,1926Aug. 30,1928June 29,1927Nov. 3,1928July 28,1927Aug. 12,1927May 22,1925Nov. 14,1925Feb. 26,1924

do.Apr. 12,1926Oct. 18,1926Dec. 31,1928Mar. 6,1928Dec. 4,1928Jan. 18,1926Dec. 29,1925July 14,1926Mar. 18,1924Nov. 5,1926May 25,1927Dec. 9,1922Mar. 31,1927June 4,1927Mar. 21,1928Jan. 9,1926Apr. 6,1925Jan. 11,1928Nov. 25,1925Nov. 12,1924Nov. 13,1923Dec. 17,1926Oct. 16,1925Jan. 27,1925Apr. 30,1924Jan. 16,1928Dec. 10,1926Mar. 7,1923Nov. 13,1928Mar. 22,1927Nov. 5,1927Nov. 2,1926June 16,1926Dec. 6,1926Feb. 15,1929Dec. 12,1927Nov. 24,1925Sept. 1,1923June 5,1925May 12,1925Mar. 14,1924Feb. 18,1925July 5,1928July 5,1928Aug. 14,1922Apr. 7,1926

.Sept. 6,1927May 1,1925Jan. 15,1927June 4,1926June 12,1924May 14,1927Oct. 24,1927Oct. 18,1926Apr. 8,1927

$49, 415. 4846, 573. 7646,838.1624, 519. 5235, 452. 2520,844. 99148, 692. 7968,964. 50

300.00

38,820. 952, 282. 741,980. 36666. 33

11,866.8728,155. 151,044. 82

17, 316. 3841, 617. 251,812. 78

36, 651. 793, 974. 04

65.5372, 514. 4313,626.2211, 422.1523,186. 2527,044. 7017, 768. 6620,053. 083, 037. 9015,121. G61, 757. 853,989. 72

28,224. 7827,262. 4279, 368. 514, 378. 98i 590. 43

94, 832. 2624, 924. 281, 519.10

18,855. 517,052. 84

37, 742. 525, 364. 9015,639. 3722,044. 0020,007. 7833, 807. 39124, 758. 9146, 525.1022, 555. 29

564. 6220, 330. 4938,021. 06140, 506. 8976,450. 6733, 676. 8821, 366. 24

654.49333. 86760.7333.65

81, 357. 9745,926. 951, 285. 864, 819. 3652,900.42

i 14. 604,035.1035, 655. 2015,129. 92163, 622. 02205,140. 631,188. 24

33,443. 76

2510101010102520

16.34.5424.75

1001030

10

5.35

103022. 76645141010.23.0310

101025

10

10

1067.6

80.14148352030

16.8204030108.2

79. 717601

32.530

109.2

1040

10

254580804040254060

66.326.54254.751002030151545198860.355353098.50545546060.23.03255025301055306560201662.535303647.6

105.143414.53560702556.8704070508.2

4340162879. 71760

152.53030703054.235804030

i Deduction by reason of dividend previously reported as paid but now canceled.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis






kmchintAnn Per cent

Totali>er cent'of divi-

dendspaid to

creditors

First National Bank, Lake Norden, S. Dak_Farmers National Bank, Lake Preston, S. DakFirst National Bank, Lake Preston, S. DakFirst National Bank, Lake Worth, FlaLamar National Bank, Lamar, S. CFirst National Bank, Lamberton, MinnNew First National Bank in Lamberton, MinnFarmers National Bank, La Moure, N. Dak _.First National Bank, Lancaster, Minn _.First National Bank, La Porte City, Iowa... _.National Bank of Larimore, Larimore, N. Dak_First National Bank, Las Vegas, N. MexLaurel National Bank, Laurel, Nebr._Laurens National Bank, Laurens, S. CFirst National Bank, Leeds, N. DakLehigh National Bank, Lehigh, OklaFirst National Bank, Lemmon, S. Dak __.Exchange National Bank, Leon, IowaFirst National Bank, Lepanto, Ark _First National Bank of Fergus County, Lewistown,

Mont 'First National Bank, Lewisville, OhioFarmers National Bank in Lidgerwood, N. Dak '..First National Bank, Lincoln, Ark_. _._First National Bank, Lineville, IowaFirst National Bank, Lingle, Wyo._ ._First National Bank, Lisbon, N. DakLlano National Bank, Llano, TexCitizen National Bank, Lone Oak, Tex__.Farmers National Bank, Louisburg, N. CLoveland National Bank, Loveland, ColoFirst National Bank, Lumberton, N. CNational Bank of Luverne, Luverne, MinnFirst National Bank, Mclntosh, S. Dak_.Fourth National Bank, Macon, Ga _ _.First National Bank, Madison, S. DakLake County National Bank, Madison, S. DakFirst National Bank, Mallard, IowaFirst National Bank, Malvern, Iowa __First National Bank, Manchester, IowaManilla National Bank, Manilla, IowaFirst National Bank, Manning, S. CFarmers National Bank, Manor, TexFirst National Bank, Marengo, Iowa_First National Bank, Marion, N. Dak __First National Bank, Marked Tree, ArkFirst National Bank, Marshalltown, Iowa _Security National Bank. Mason City, TowaFirst National Bank, Matoaka, W. VaFirst National Bank, Medaryville, IndFirst National Bank, Melvin, Iowa..First National Bank, Mena, ArkFarmers & Merchants National Bank, Merced, Calif.Peoples National Bank, Middletown, DelFirst National Bank, Milbank, S. DakFirst National Bank, Milburn, OklaFirst National Bank, Milford, IowaMinneapolis National Bank, Minneapolis, KansFirst National Bank, Minnewaukan, N. DakFirst National Bank, Mitchell, S. DakWestern National Bank, Mitchell, S. DakMoline National Bank, Moline, Kans _ _First National Bank, Montevideo,'MinnFirst National Bank, Montpelier, Idaho _First National Bank, Moore, MontFirst National Bank, Morristown, S. Dak ___First National Bank, Moulton, IowaFirst National Bank, Mountainair, N. Mex rFarmers & Merchants National Bank, Mount Morris,

PaFirst Citizens National Bank, Mount Sterling, Ohio.First National Bank, Moweaqua, HIFirst National Bank, Muldrow, Okla _

Oct.Dec.Mar.Apr.Nov.JulyApr.Feb.Nov.Feb.Mar.MayMayFeb.Dec.Nov.Apr.Mar.Mar.

Apr.Dec.Sept.Feb.Apr.Mar.Jan.Apr.Jan.May

Oct.

Aug.D e c .Mar.Nov.MayAug.Oct.Dec.Feb.Oct.Dec.Nov.Feb.Mar.Nov.JuneDec.Mar.JuneFeb.Dec.Sept.Dec.Nov.Oct.JulyFeb.Jan.Oct.Feb.Apr.Feb.Mar.Dec.MayJan.Nov.

Feb.MayMayOct.

5.192617.192528,19242.19279,19286,1927

30,192725,192619.192315,19285,19294,1925

14,192715,19281,19268,19232,19259,1927

25.1927

12.192419.192821.19269,19279,1927

19.192421,192818,192320,192722.1925

22,1925

4,192531,19251,1924

26.192821.192529,19283,1927

10.192613.192920.192514,192726.192618.192719.192630,192611.192829.19253.1925

24.192712.192915.192823.192614,192815.192631.19278.19269,19296,1928

23.192327.192412.19265,1927

13.192520,192324,192414.19272,1922

21.192719.192823,192824,1927

$21,281.45493.24

30, 723. 51869. 77

21, 784.1518,993.2766,102.4417,487.6417, 293. 3755,859. 5127,683. 8594, 306. 9073, 580.1284,492. 9722,974.104,506.63

38, 762.1632,865. 7210,191. 71

8, 822. 2792,859. 7822, 597. 4216,503. 6550,132. 5510,826.77

177,390. 9129,885. 687,134. 24

17,034.18

673.96

53, 217.90100,214.43

8,015. 70992,430.9041,815. 74

198,584. 5450,590.9930,272. 70

151, 242. 41188.90

14,997.6341. 01

50,452.8520,219. 378, 753.42

201, 523. 8978, 587. 00

289.8718, 095. 8375, 504.259,113. 35

99, 559. 70156,862. 8524,519.213,327.02

37, 701.24124,898.5231, 518.3673, 573. 7546,488.61

7.1973.195. 3913,801. 6526,332. 2712, 593.3015,436.4310,889.97

47,450. 60237,518.16132, 293.7646,183.09

10

ILiB

2030351010352013.251554.94201.87.2

1010

5010202612.54018.41027

14.3118.656.1

158

553015

710101010

3070151033.33310171025201012.6

104.5

18.59.5

104.3

10354540.5

551031.15352050555020802073.2535

104.94601.8

62.24020

405045206622.54043.44547

!1003 75

69.3143.6514.1151655405530407

105. 4046210106080808570154533.33340171025502047.6103059.553.514.57014.3

50354555.5

1 Deduction by reason of dividend previously reported as paid but now canceled.2 To nonassenting creditors in accordance with agreement.8 To assenting creditors in accordance with agreement.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis






A mount Per cent

Totalper centof divi-dends

paid tocreditors

First National Bank, Mullens, W. VaMuskogee Security National Bank, Muskogee, Okla._Neoga National Bank, Neoga, 111First National Bank, Nevada, Iowa. .First National Bank, New Hampton, IowaFarmers National Bank, Newport, ArkOakes National Bank, Oakes, N. Dak _First National Bank, Oak Grove, La_ _First National Bank, Oktaha, OklaFirst National Bank, Oldham, S. DakPeoples First National Bank, Olivia, MinnCitizens National Bank, Ortonville, MinnFirst National Bank, Osborne, KansOsceola National Bank, Osceola, IowaNational Farmers Bank, Owatonna, MinnPalm Beach National Bank, Palm Beach, Fla_-_Guthrie County National Bank, Panora, Iowa__.Parkesburg National Bank, Parkesburg, PaPayett8 National Bank, Payette, Idaho__ .__Perry National Bank, Perry, IowaCitizens National Bank, Petty, Tex . _,.Farmers National Bank, Phillipsburg, KansNational Bank of Commerce, Pierre, S. DakFirst National Bank, Plain view, NebrFirst National Bank, Plainview, KansFirst National Bank, Plattsmouth, NebrFirst National Bank, Pleasantville, IowaFirst National Bank in Pocahontas, IowaFirst National Bank, Poison, MontFirst National Bank, Punta Gorda, Fla _First National Bank, Putnam, Conn.Farmers National Bank, Red Lake Falls, Minn. .First National Bank, Redwood Falls, MinnFirst National Bank, Renville, MinnFirst National Bank, Renwick, Iowa .First National Bank, Rexburg, IdahoF i m National Bank, Rice, MinnFirs^National Bank, Richland Center, WisFirst National Bank, Rifle, ColoFirst National Bank, Rockford, IowaFirst National Bank, Rorl, Okla. _ _ _First National Bank, Rolette, N . DakFirst National Bank, Rolfe, IowaFirst National Bank, Ronan, MontCitizens National Bank, Roswell, N . MexFirst National Bank, Roundup, MontRoundup National Bank, Roundup, Mont ocyuCitizens National Bank, Royal, Iowa Jan.First National Bank, Royalton, Minn _ | JulyFirst National Bank, Rush City, Minn ~ 'First National Bank, Ruthven, IowaFirst National Bank, St. Anthony, IdahoFirst National Bank, St. Cloud, Minn . . .First National Bank, St. George, S. CFirst National Bank, St. James, Minn .First National Bank, St. John, WashFirst National Bank, Salem, S. Dak ,Peoples National Bank, Salisbury, N . C._American National Bank, Sallisaw, OklaFirst National Bank in Sallisaw, OklaNational City Bank, Salt Lake City, UtahFirst National Bank, Sanborn, N . DakAmerican National Bank, Sarasota, Fla . . .Corn Belt National Bank, Scotland, S. DakNational Bank of Commerce, Shawnee, Okla .Citizens National Bank, Shelbyville, 111First National Bank, Sheldon, Iowa.. . . .First National Bank, Shenandoah, IowaFirst National Bank, Sidney, Mont.Sioux Falls National Bank, Sioux Falls, S. Dak. .Citizens National Bank, Spencer, IowaFirst National Bank, Spencer, IowaFirst National Bank, Spirit Lake, Iowa. __Spirit Lake National Bank, Spirit Lake, IowaFirst National Bank, Springer, N. MexNew First National Bank in Springfield, Mo

Jan.Nov.Jan.Jan.Dee.Dec.Sept.MayMayJan.Feb.Jan.Mar.Apr.Sept.JulyJulyDec.Dec.Feb.Nov.Mar.Feb.Aug.Jan.Dec.Feb.Jan.Mar.Feb.Aug.Jan.JulyFeb.Jan.Aug.MayNov.Dec.Feb.Nov.Feb.Apr.Feb.Nov.Apr.Sept.

Feb.MayMar.JuneApr.Nov.Feb.Jan.JulyDec.Oct.Feb.Apr.MayMar.Apr.Feb.Mar.MayFeb.Jan.Nov.JuneAug.Mar.JuneMar.

16,19287.1925

21.192510.19279,1926

21,192G4.1926

13,192226.19263,19255.19274.1927

30.192822.192510.19262,1926

22,192626.192413.19225,1925

24,19262.1928

11.192522,192823.192821.192621.192530.192622,192418.192913.192424.192729.192514,192513.192711.192412.192826.192824.192523.192921,192719,19273.19289, 192416.19235.19236,19234,192722.192621.19272.19294, 192424.19253, 192830.19267.192416.19253,1923

30.192724, 19273,192210,192915.192828,192128.192421,192829,192713.192626.192424,192419.192625.192725.192723,192615.192517.1928

$31,470.412,088. 8111,606,4424, 275.683, 700. 0049,026.1828, 687.177, 502. 313,096.2934,076.4227,974. 7726, 872. 63156, 700. 529,478. 96

129,145. 963,345.11

73, 557. 6834, 349.1022,126. 63

7.076, 567. 85

30, 569. 325, 825. 88

55, 259. 6810, 934. 0837,646. 7117,494.1148, 203. 8620, 786. 34153,153. 26102,302. 05

153.002,085. 27

10.438, 300. 5213, 248.3776, 508. 75111, 398. 73

2, 948.4425, 659. 711, 826.1415, 544. 6054,622. 9813, 807. 7132, 599.6110, 218. 40

321. 9536,244.1131,628. 2634,176. 7342, 048. 0525, 804. 40

197. 7653,145. 6742, 331. 6510,384.6323, 271. 74

754.0135,497. 25

66.9516.66

17,335. 3732, 596. 65

61.5556,643. 0714, 215. 01

133, 372. 51i 1, 066. 3431, 529. 591, 880. 64

39, 560. 38158,720. 7721,161. 4852,698. 7211,816. 7380,689. 20

20

10107.42215-1812.514.181010607.110

201012

1020

2510158.313.618405

102.14515

20

104093.32.2

201010254.75

25

10.515

20

3010

28.1420

10

102040. 101020

4580805059.477153867.564.1830356037.150707080474050454025203538.323.6284080

50209.6

8515702010205531.518.317. 267030502519.75202589.995.5405050106730101548103.1470203640408585.7306020

1 Deduction by reason of dividend previously reported as paid but now conceled.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis






Amount Per cent


creditors

First National Bank, Spring Hope, N. CFirst National Bank, Stanley, N. Dak _Commercial National Bank, Statesville, N. CFirst National Bank, Sterling, ColoLogan County National Bank, Sterling, ColoSterling National Bank, Sterling, ColoFirst National Bank, Stewardson, 111..American National Bank, Stigler, OklaNational State Bank, Stockton, KansStory City National Bank, Story City, Iowa_._First National Bank, Swea City, IowaFirst National Bank, Sylvester, GaFirst National Bank, Tabor, IowaAmerican National Bank, Three Forks, MontFirst National Bank, Toronto, S. Dak__.First National Bank, Torrington, WyoTorrington National Bank, Torrington, WyoFirst National Bank, Townsend, MontFirst National Bank, University Place, NebrFirst National Bank, Veblen, S. DakFarmers National Bank, Wakefield, NebrFirst National Bank, Wapanucka, OklaFirst National Bank, Warren, IndFirst National Bank, Warroad, MinnBlack Hawk National Bank, Waterloo, IowaFirst National Bank, Waubay, S. DakCarlton National Bank, Wauchula, Fla___ _Peoples National Bank, Waukon, IowaFirst National Bank, Wausa, Nebr...First National Bank, Waverly, Va ._.Citizens National Bank, Wayne, NebrFirst National Bank, Wesley, Iowa...National Bank of Wessington Springs, Wessington

Springs, S. DakFirst National Bank, West Alexandria, OhioNational Bank of West Palm Beach, West Palm

Beach, Fla _.First National Bank, Wilder, IdahoCommercial National Bank, Wilmington, N . CFirst National Bank, Wimbledon, N . Dak_First National Bank, Winifred, MontWinner National Bank, Winner, S. Dak _.Citizens National Bank, Woonsocket, R. IFirst National Bank, Woonsocket, S. DakFirst National Bank, Wynot, Nebr

Jan.Dec.Apr.Apr.Jan.Dec.MayMar.Nov.Jan.Oct.Jan.Sept.Oct.Apr.Dec.Mar.Jan.Dec.Sept.Nov.Mar.Dec.Feb.Feb.Aug.Feb.JulyJulyApr.JuneOct.

7,192515.192619,19285.1924

26,192511.19221,19281,1927

14.19273.1927

29,192715.192514.192729.19233,1928

16.192419.19248.1925

29,192618.192621.19282,19257.19289.1924

13.192520.192621.192919.19279.19252,19292.1926

12.1928

Feb. 23,1926Mar. 13,1929

Nov.Nov.Jan.Apr.Oct.Oct.Sept.JulyDec.

18.192722,192631,192323,192515,192524.192518.192823.192627.1927

$32, 271. 0016,840. 77

192,396.4567,844.1845, 862. 4748,139. 62

396. 795, 901. 76

35,950. 6455,941. 6034, 550. 8210,119. 7111, 345, 842, 692. 50

16, 754. 8322,825. 755, 389. 991, 095. 787, 487. 85

39, 071. 41258, 386. 21

6, 024. 4350,181.1516,950.1614,125. 00

U.8769, 761. 89

100, 817. 8286.43

16, 000. 0042,929. 9059, 523. 01

6, 013. 73238,936.40

35,659. 6012, 839. 36

i 876. 9422,970. 507, 376. 40

32, 561.19391,860. 34

16,744. 5431, 727. 46

131020101010.7

1527.81013.544.1075.3

101010

3065

1.753011.87. 0625

2020

43.569.3

40

8.41570

2014

14.512.350401035

833035508530.7153025

102.82523.544.10715.3208080705665656.75

3038.87.00257

20452543.5689.340

108.41570

55741569.522.3

100404035

Total _ 16, 030, 560. 55

Amount Per cent

Total div-idendspaid to

creditors(per cent)

Dividends paid through or by purchasing banks to creditors of in-solvent national banks, assets of which were sold by order of court:

First Exchange National Bank, Coeur d'Alene, IdahoFirst National Bank, Lakeland, FlaFourth National Bank, Macon, GaFirst and Moorhead National Bank, Moorhead, Minn__Exchange National Bank, Spokane, WashFirst National Bank, Toledo, Iowa

$519,162. 00385,909.00

3, 303, 388. 00770,486.00

5,123, 826. 0093, 375. 00

752550508025

752565508065

Total

Total dividends paid by comptroller's checks and purchasingbanks _ __

10,196,146. 00

26, 226,706. 55

i Deduction by reason of dividend previously reported as paid but now canceled.


REPORT OP THE COMPTROLLER OF THE CURRENCY 339TABLE 47.—Dates of reports of condition of national banks from 1914 to 1929

[For dates of previous calls see report for 1920, vol. 2, Table No. 42, p . 150]

Year

19141915191619171918191919201921 ._19221923 . __1924 _ _192519261927_ .- r.--_19281929

Jan.

13

Feb.

2821

28

Mar.

447544

10

31

23

27

Apr.

28

3

612

May

11110124

5

June

30233020293030303030303030303029

July Aug.

31

Sept.

1221211

12g61514

28

Oct.

31

10

1034

Nov.

10172011715

Dec.

31312731313129312931313131313131

NOTES

Act of February 25,1863, provided for reports of condition on the first of each quarter, before commence-ment of business.

Act of June 3, 1864—First Monday of January, April, July, and October, before commencement of busi-ness, on form prescribed by comptroller (in addition to reports on first Tuesday of each month show-ing condition at commencement of business in respect to certain items; i. e., loans, specie, deposits, andcirculation).

Act of March 3,1869, not less than five reports per year, on form prescribed by comptroller, at close ofbusiness on any past date by him specified.

Act of December 28,1922, minimum number of calls reduced from five to three per year.Act of February 25, 1927, authorized a vice president or an assistant cashier designated by the board of

directors to verify reports of condition in absence of president and cashier,


TABLE NO. 48.—Condition of foreign branches of National City Bank and Chase National Bank, of New York, N. Y., and First NationalBank of Boston, Mass., on June 29, 1929

00

SRESOURCES


Country and cityi

NATIONAL CITY BANK OF NEW YORK, N. Y.

Argentina:Buenos Aires. .Rosario

Belgium:Antwerp.Brussels

Brazil:PernambucoRio de JaneiroSao Paulo, .

Chile:SantiagoValparaiso

China:CantonDairenHankow.HarbinHong Kong.. _Mukden .Peking . . _ShanghaiTientsin

Columbia: Bogota.Cuba:

CaibarienCamaguey.. __CardenasCiegode Avila.OienfuegosFlorida.—Guantanamo

Loans anddiscounts,includingoverdrafts

and re-discounts

19,2726,691

4,3924,471

2,7607,998

15,490

15,1223,908

1,2391,9511.641

11,9683,668

410240

9 6186,0301,296

2,162568

4,62274

9572.075

763

Invest-ments

2,419

3333

1,06810

670185

48

52

92

Customers'liability

on accountof accept-

ances

314514

6,4474,397

12967

659

1269

55

160237

10135

7

Real estate,furniture,

and fix-tures

1,163

5336

67

124158168

69262

59

Cash invault

746179

1954

155402697

5132

14813

423373102246912

4 6661 918

74

183377156135188102125

Due frombranches

8621,557

391143

250704

1,664

1,666249

3,157

2583, 215

11,747308

3,1803 416

33312

713

453987

Due fromhomeoffice

656236

7021

1,516

356

Due fromotherbanks

2,183478

145456

3311,839

934

685268

1,34630

1,182316457

3529

23776

970

6

Checksand other

cashitems

2943

297

21011

48

213

201013

11

1

Acceptancesof other banks

and bills ofexchange ordrafts sold

with indorse-ment

4,534

18016

3561,0103,659

4,4382,082

2,942

136

Otherresources

1,80920

76823

34679112

16538

272

5569

8336

913858

2714

Vi7

291

i

Aggregateresources

34,2529,678

12,4049,600

4,02214,18323,257

22,8156,833

4 6153,3183,997

19,91316,1282 4034 799

18 1358 6151 663

2,7851,6924 804

6792 3032 178

899


HabanaHabana (Belascoain)Habana (Cuatro Caminos)Habana (Fraternidad)Habana (Galiano) _Habana (La Lonja)MânzanilloMatanza-sMoron -Nuevitas - _ -JPalma Soriano*Pinar del RioRemediosSacua La GrandeSancti SpiritusSanta ClaraSantiago de Cuba (Oriente)Vertientes

Dominican Republic:BarahonaLa Vega - - -- --Puerto PlataSan Pedro de MacorisSantiago de los CaballerosSanto Domingo

England: LondonIndia:

BombayCalcutta

Italy: ^GenoaMilan

Japan:KobeOsakaTokyoYokohama

Java: Bat a viaPanama (Republic of):

ColonPanama City

Peru: LimaPorto Rico:

CaguasSan Juan

Straits Settlements* SingaporeUruguay: MontevideoVenezuela: Caracas

Total

22,781172

1,415208201967890

3,5183182589

43737

1,086752238

1,310156

309

102676

642,400

34,960

6,8515,1552,073

4,0633,671

6,18915,0462,9074,7951,282

4883,3297,246

3 7926,6776,0734,9053, 305

290,132

45

251,499

1,343516

13886

5356

123

23450

1,000

64

10,166

14, 790

12220

96

4622

19

2750

7

1,39128, 893

2

581699

26162167

17

334

5

33

9116

60,990

743

98

14

425

111

272

4,074

1,167345719

1005798

1453748

124574694

101109631

46

61904188

15650449

2426

241

5117

1851

30219140

42185132252

1,458

19,060

703622363327

3,179998

26531070

503

691311

100132

359

303110

30, 997

42495

99

21441

1,111642754649658

948

23

112,784

819

62

83,916

6, 411

1

335

1

7, 365

22,249

19,219

1, 6552

19

473 10, 295

1 j

o

3

5

31

328

15

108

821,632

6653959

706328

1,502389

1,411328123

61568

44

834951

751484

22,404

4

1

2

138

11

1110

1

12

853

7251

997

_

21723, 271

375

409

266

5,140149

266,946

192

1,855813

24

69, 331

1,163 142

352

1212l26

28

17

64

101

11311, 822

10986

5

6831,559

7421,279

2623

5

296 !110

55

1148 i1238550

23,734

53, 815834

1,856554

3, 4952,2521,0023,682356390532574589

1,228859

1, 0453,057202

191252182800532

5, 001139,572

9,3886,3172,685

6,7556, 661

15, 25118,1095, 31012, 7802, 233

1,83411, 864

3,85411, 4558, 3176,9777,649

604, 023

*3

O

H

CO


TABLE NO. 48. Condition of foreign branches of National City Bank and Chase National Bank, of New York, N. Y., and First NationalBank of Boston, Mass., on June 29, 1929—Continued

RESOURCES—Continued


Country and city

CHASE NATIONAL BANK OF NEW YORK, N. Y.

Canal Zone: CristobalCuha: HabanaPanama (Republic of): Panama City

Total

FIRST NATIONAL BANK OF BOSTON, MASS.

Argentina: Buenos AiresCuba: Habana

Total

Loans anddiscounts,includingoverdrafts

and re-discounts

6886,5712,178

9,437

39,1606,171

45,331

Invest-ments

238

238

10,16913

10,182

Customers'liability

on accountof accept-

ances

18

18

863775

1,638

Real estate,furniture,and fix-tures

341

341

270161

431

Cash invault

1482,247

439

2,834

836280

1,116

Due frombranches

172

172

130

130

Due fromhomeoffice

1,975

1,511

3,486

53

53

Due fromotherbanks

168212254

634

8,691383

9,074

Checksand other

cashitems

6

22

28

6036

96

Acceptancesof other banks

arid bills ofexchange ordrafts sold

wi th indorse-ment

5,223

5,223

Otherresources

533

410

468

2,65021

2,671

Aggregateresources

2,9909,4425,224

17, 656

67,9228,023

75,945

•8S

TO

o

o

3o

j


TABLE NO. 48.—Condition of foreign branches of National City Bank and Chase National Banky of New Yorky N. Y., and First NationalBank of Boston, Mass., June 29, 1929—Continued

LIABILITIES

[In thousands of dollars]CO •

o

CO

?Country and city

toCO

NATIONAL CITY BANK OF NEW YORK, N. Y.

Argentina:Buenos AiresRosario

Belgium:AntwerpBrussels

Brazil:

Rio de JaneiroSao Paulo

Chile:SantiagoValparaiso

China:CantonDairenHankowHarbinHong KongMukdenPekingShanghaiTientsin

Colombia* BogotaCuba:

CaibarienCanagueyCardenasCiego de Avila. __. _

Capital

990248

1,065

2,411

601

Undividedprofits,

includingamountsreservedfor taxes

andinterestaccrued

24110

7518

1340

213

1045

297

1429

2721033

164551

5771

Due tobranches

2,284130

981,149

136265455

5161,288

2, 0961,3909,0033,291

17831

4,919365

916

3,719

Due tohomeoffice

233

286400

290643

3,936 ,

3,142523

165

993680

1,094

835121729

Due tootherbanks

6,08554

1991,570

148248664

853

53

4385614787

8871,3851,297

2

37

Certifiedand

cashiers'checks

outstand-ing

74

37261518

6516

323

21997

2871785813

Cashletters ofcredit andtravelers'

checksoutstand-

ing

15536

229

66269191

118231

1

14

48

20

7

1

Demanddeposits

10,2714,645

2,7091,946

1,4856,6936,554

6,916882

978364

1,2102,7882,808

4221,478

1 6,788i 3, 634

209

1,144868815269

Timedeposits

6,7003,757

2,16889

9072,9684,940

2,628951

3,554285945

3,5468,960

4762,3683,9742,401

28

268570197385

Billspayable

andredis-counts

2,101

2153

401

733

Accept-ances of

other banksand bills ofexchangeor draftssold withindorse-

ment

4,534

18016

3561,0103,659

4,4382,082

2,942

136

Accept-ancesexe-

cutedfor cus-tomers

14

584697

172

10

Accept-ances

executedby otherbanks foraccount ofreportingbranches

300706

5,8663,699

67659

1269

45

160237

10

Otherliabili-

ties

27092

24

412654

1,468

2,549699

567

3

11

521

* Includes United States deposits.


TABLE NO. 48.—Condition of foreign branches of National City Bank and Chase National Bank, of New York, N, Y., and First NationalBank of Boston, Mass., June 29, 1929—Continued

LIABILITIES—Continued

In thousands of dollars]

Country and city

Cuba—Continued.Cienfuegos _FloridaGnantapaTnoHabana __ __Habana (Belaseoain)Habana (Cuatro Caminos)Habana (Fraternidad) _ _Habana (Oaliano)Habana (La Lonja)MftlWfVnjlloMatanzasMoronNue vitasPalma SorianoPinar del RioRemediesSagua La GrandeSancti SpiritusSanta Clara;- __. _„Santiago de Cuba (Oriente)Vertientes

Dominican Republic:BarahonaLa VegaPuerto PlataSan Pedro de MacorisSantiago de los CaballerosSanto Domingo

England: London

Capital

1,000

Undividedprofits,

includingamountsreservedfor taxes

andinterestaccrued

056

2082

111

16123

12

3252553

121

117

309

Due tobranches

1,440239

12

811,992

59

47365

21

111

56418,244

Due tohomeoffice

522

4

19714,598

Due tootherbanks

1,620

115

561

16104

812,411

Certifiedand

cashiers'checks

outstand-ing

13938

110241

55205

2817449647135280221113278

899

2

a6

336

Cashletters ofcredit andtravelers'

checksoutstand-

ing

12

1785

10238

27

3

515

22

4131

Demanddeposits

1,308535246

20,421536945348

2,5531,722

6581 1,060

178168297355317311517723

1,52462

11610161

315104

1,85433,182

Timedeposits

710158289

4,440235.563153888251152557106120151188256406242303660109

68145120345314

. 6866,310

Billspayable

andredis-

counts

Accept-ances of

other banksand bills ofexchangeor draftssold withindorse-

ment

1!

1,945

10,295

21723,271

Accept-ancesexe-

cutedfor cus-tomers

32

24

750

26, 622

Accept-ances

executedby otherbanks foraccount ofreportingbranches

135

714, 782

12196

106

4722

19

2

7

1,3912,303

Otherliabili-

ties

1

264

17113

1

2

1313

I3340


India:BombayCalcuttaRangoon (Burnia)

Italy:GenoaMilan

Japan:KobeOsakaTokyo

Java* BataviaPanama (Republic of):

ColonPanama City

Peru: Lima.Porto Rico:

CaguasSan JuanStraits Settlements* SinszaDorpUruguay: MontevideoVenezuela* Caracas

Total

CHASE NATIONAL BANK OF NEW YORK, N. Y.

Canal Zone* CristobalCuba* HabanaPanama (Republic of): Panama City

Total

FIRST NATIONAL BANK OF BOSTON, MASS.

Argentina: Buenos AiresCuba* Habana

Total

335

500800

464

8,414

3033018

7435

5786391413

42743

654742

34

2,853

297533

137

13559

194

2,134505619

284439

4,6738,064

33936847

1,090520

3,2365

1,244'885

79,982

16

16

94941

275

1,4131,289

2,6517,6832,7574,078

335

3,190

6,7261,298

2866

62,368

4,292

4,292

7,954

7,954•

1934549

77561

589269132220102

2374

23

41117846375273

32,397

44377489

910

15,456418

15,874

1029

25572

20

112

7

535

21

194

3,535

417980

200

156

156

12

812

15

362

56174

34

38270

2, 090

48

12

1398

147

2,7952,611

452

1 2,8352,913

1,0281,4481,318

752678

603i 3,422

1,879

3301 1, 681

1,2612,6154,865

169,879

l 1, 0504,367

i 2, 733

8,150

» 26, 9506,583

33, 533

2,1901,719

854

1,120406

801232491363727

1,2156,335

680

2362, 7561,4571,3811,963

96,916

1,810230

1,881

3,921

6,307

6,307

4321,351

330

280

7,791

1,932

1,932

375

409

266

5,14014926

6,946

192

1,855813

24

69, 331

5,223

5,223

2

225

35

17

33

28, 992

7

7

579699

23161167

384

5

9116

32, 322

18

18

1,107767

1,874

51

2816

1653

1

19

345

14

264

7,153

2, 71925

2,744

s

d

i Includes United States deposits.


346 BEPOKT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 49.—Number, capital stock paid in, circulation outstanding, and aggre-gate resources of national banks at date of each report from February 21, 1921, toOctober 4, 1929, together with the total amount of money in the United States onJune 30 of each year, and the percentage of national-bank circulation to capital,to assets, and to money in the country.1

• [For prior years see annual report 1920]

[In millions of dollars!

Date

1921Feb. 21Apr 28June 30 - . . - _ . . . .Sept. 6 - .Dec 31

1922Mar. 10May 5June 30 - -Sept. 15Dec. 29

1923Apr. 3June 30Sept. 14Dec 31

1924Mar. 31June 30 __Oct 10Dec. 31

1925Apr 6June 30Sept. 28Dec. 31

1926Apr. 12June 30Dec. 31 .

1927Mar. 23June 30Oct. 10_Dec. 31

1928Feb. 28June 30Oct. 3Dec. 31

1929Mar. 27June 29Oct. 4

Num-ber ofbanks

8,1438 1528,1548,1558,169

8,1978, 2308,2498,2408,225

8,2298,2418,2398,184

8,1158,0858,0748,049

8,0168,0728,0858,054

8,0007,9787,912

7 8287,7967,8047,765

7,7347,6917,6767,635

7,5757,5367,473

Paid-incapital

1,273.21,271.41,273.91,276. 21,282.4

1,289.51,296. 21, 307. 21,307.11,317.0

1, 319.11,328.91,332.41,325. 8

1,335. 61,334.01,332. 51,334.8

1,361.41, 369.41,375.01,379.1

1,410.41,412. 91,410. 7

1,460 51,474. 21,499.41,528. 5

1, 537. 21, 593.91, 615. 71,616. 5

1, 633. 31,627.41, 671.3

Circula-tion

684.4679.6704.1704.7717.5

719.6721.0725.7726.8723.8

728.1720.0731.5725.9

726.5729.7723.5714.8

649.4648.5649.2648.5

649.5651.2646.4

642.6650.9649.9650.4

646.7649.1648.5650.4

647.8649.5641.1

Aggregateresources

21,451. 720,560.320,517. 919,719.219,943.7

19,850.420,176. 620,706.020,926.121,975.0

21,612. 721,511.821, 712. 922,406.1

22,062. 922, 565.923,323.124,381. 3

23, 832. 524,350.924, 569. 525, 852. 4

24, 893. 725, 315. 625,683. 8

25,699 126,581. 927,213. 828,164. 2

27,573. 728, 508. 228,925. 530, 589.2

29, 021. 927,440. 227,924.3

Moneyin

UnitedStates

8,174.5

8,276.1

8,702.8

8,846.5

8,303.6

8,429.0

8,667.3

8,118.1

8,538.8

Percentage of circulation—

Capital

53.853.555.355.255.9

55.855.655.555.655.0

55.254.254.954.8

54.454.754.353.6

47.747.447.247.0

46.146.145.8

44 044.243.342.6

42.140.740.140.2

39 739.938.4

Assets

3.23.33.43.63.6

3.63.63.53.53 .3

3.43.33.43.2

3.33.23.12.9

2.72.72.62.5

2.62.62.5

2 52.42.42.3

2.32.32.22.1

2 22.42.3

Moneyin United

States

8.6

8.8

8.3

8.2

7.8

7.7

7.5

8.0

7 6

i Eevised.



TABLE NO. 50.—Abstract of reports of condition of national banks in the centralreserve cities of New York and Chicago, in other reserve cities, and elsewhere, at closeof business October 4, 1929


New York(20 banks)i

New Yorkand

Chicago(33 banks)

Otherreserve city

banks(331 banks)

Country-banks(7,109

banks)

Total(7,473

banks)

RESOURCES

Loans and discounts (including redis-counts) _ _

Overdrafts _United States Government securities

qwned_- _Other bonds, stocks, securities, etc., owned.Customers'liability account of acceptances.Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault___Due from banks _Outside checks and other cash itemsRedemption fund and due from United

States Treasurer.Acceptances of other banks and bills of ex-

change or drafts sold with indorsement..Securities borrowedOther resources

Total..

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _.Reserves for dividends, contingencies, etc. .Reserves for interest, taxes, and other ex-

penses accrued and unpaidNational-bank notes outstandingDue to b a n k s 2 . . . _ __.Demand deposits.Time deposits (including postal savings). . .United States deposi ts . . .

Total deposits._Agreements to repurchase United States

Government or other securities soldBills payable and rediscountsAcceptances of other banks and bills of ex-

change or drafts sold with indorsement..Acceptances executed for customersAcceptances executed by other banks for

account of reporting banks.Securities borrowedOther liabilities

Total..

2, 289,3381,491

464,807323,044274, 512

55, 0534,987

289,63821,130

873, 6909,831

1,783

139, 5049

109,436

2,820, 2541,699

499, 579367, 995310, 784

74, 0705,265

353,15226, 532

983, 80510,409

2,093

145,442707

111, 440

5, 282, 8304,501

1, 079,037846,918166, 624258, 61927,412

469, 05793,001

1,120, 42936,833

7,722

42, 55213,17256,441

6,858, 7939,333

1,126, 2582,526,101

7,320413, 73089,007

498, 218227,829865,956

22, 679

23,039

9318,050

28, 692

4, 858, 253 5, 713, 226 9, 505,148 12, 705,936

310, 882381, 025

81, 51114,529

11, 58034, 245

1, 007,8571,979, 668

507, 99529, 702

S, 625,222

41, 290

139, 504269, 951

11,9649

36, 541

359, 932416,37589, 56018,316

17, 31840,335

1,152, 9362, 382,170

639, 69736,160

4,210, 963

50055,209

145, 442305, 828

12, 943707

39, 798

532, 579447,843154,17921,167

38,023151, 501

1, 258, 9953, 621, 8722, 548, 573

111, 7687,541,208

34,148330,935

42, 552167,449

6,50113,17223, 891

778,763651, 023312,134

22, 276

31,134449, 268418,029

4, 563,9705,113, 481

54,34610,149,826

7,042271,428

9316,654

1,1748,050

16,233

4,858, 253 5, 713, 226 9, 505,148 12, 705, 936

14,961,87715,533

2, 704,8743,741,014

484,728746,419121,684

1,320,427347,362

2,970,19069,921

32,854

188,92521,929

196,573

27,924,310

1,671, 2741,515,241

555,87361, 759

86,475641,104

2,829,96010,568,0128,301,751

202,27481,901,997

41,690657,572

188,925479,931

20,61821,92979,922

27,924,310

1 Figures in this column included with New York and Chicago in the next column.2 Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.



TABLE NO. 51.—Abstract of reports of condition of national banks in central reserveand other reserve cities and country banks at date of each call during year endedOctober 31, 1929

DECEMBER 31, 1928


Centralreserve

city banks(32 banks)

3,668,1071,403

719,861496,104355,48989,113

1,311496,98135, 551

1,883, 71034, 2901,994

236, 608350

139,083

8,159,955

343, 550434,90595,20831,928

17,67939,399

2,095, 5273,303,998

735, 73728,137

50, 590331, 903

236, 608354,196

12,564350

47, 676

8,159, 955

Otherreserve

city banks(365 banks)

4,982,8683,702

1,148,067983,115164,967242,36332,250

486, 02899,466

1,309,94954,3678,192

91,80910,05247, 945

9,665,140

508,323425, 291142,94423, 585

26,190161, 234

1,494,9193, 788,1582,443,970

111, 321

17,738228,196

91,809160,436

9,78610,05221,188

9,665,140

Countrybanks(7,238

banks)

6,628,6566,533

1,140,7952,639,376

10*849398, 70689,489

513,307253,112991,03427,53023,240

1,34710,07030,017

12,764,061

764,603629, 950253, 52929,847

22,740449, 772

483,1054,688, 5655,127,231

46, 712

6,837225, 210

1,34710,093

89810,07013, 552

12, 764,061

Total\i,OoO

banks)

15,279,63111,638

3,008,7234,118,595

§31,305730,182123,050

1,496,316388,129

4,184,693116,18733,426

329,76420,472

217,045

30, 589,156

1, 616, 4761,490,146

491,68185,360

66,609650,405

4,073,55111, 780* 7218,306,938

186,170

75,165785,309

329,764524,725

23,24820,47282,416

30,589,156

EESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned...Reserve with Federal reserve banks _Cash in vautt __.Amount due from banks and trust companiesOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Acceptances of other banks and bills of exchange or

drafts sold with indorsement-Securities borrowedOther assets

Total. _

LIABILITIES

Capital stock paid in _Surplus _ _Undivided profits—net > __„_.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaidNational-bank notes outstandingI>ue to banks (including certified and cashiers' checks,

and cash letters of credit and travelers' checks out-standing).-

Demand deposits-.Time deposits (including postal savings)United States depositsAgreements to repurchase United States Government

or other securities sold _Bills payable and rediscountsAcceptances of other banks and bills of exchange or

drafts sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of

reporting banks.._Securities borrowedLiabilities other than those above stated

Tota l - .



TABLE NO. 51.—Abstract of reports of condition of national banks in central reserveand other reserve cities and country banks at date of each call during year endedOctober SI, 1929—Continued

MARCH 27, 1929


Centralreservecity banks(33 banks)

3,110, 7351,169

712,367439,939330,468

78,9403,036

434, 21831, 781

1, 667, 23221, 860

1,994

184, 66915,009

136,003

7,069,420

344,150458, 70592,54326,417

17, 70938,934

1, 834, 2352, 788, 377

587, 54399,891

12,493155, 512

184, 669332,372

12, 26215, 00968,599

7,069,420

Otherreservecity banks(349 banks)

5,042,4413,714

1,212,430923, 847134, 233241, 63433, 456

475, 59195,143

1,043,08633,3878,051

62, 86211,06655,099

9, 376,040

518, 733432, 525154,92522,110

34,439159,203

1,265,9373, 677,0852,425,044

112,012

34,860291,815

62,862134,665

7,21911,06631,540

9, 376, 040

Countrybanks(7,193

banks)

6, 696, 7507,374

1,171,9632, 610, 209

7,785405, 69390,411

494, 719236, 567775,34317,04322, 741

3369,350

30,168

12, 576,452

770, 388637,096291,276

18, 744

28, 552449, 711

398, 2254,469, 5325,154,009

60,990

6,098256, 485

3366,472

1,4379,350

17, 751

12, 576,452

Total(7,575

banks)

14,849,92612,257

3,096,7603,973,995

472,486726, 267126, 903

1,404, 528363,491

3,385, 66172,29032,786

247, 86735,425

221, 270

29,021, 912

1, 633, 2711, 528,326

538, 74467,271

80, 700647,848

3,498,39710,934,9948,166,596

272,893

53,451703,812

247, 867473, 509

20,91835, 425

117,890

29,021,912

KESOURCES

Loans and discounts (including rediscounts)Overdrafts sUnited States Government securities owned.__Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures. _ _Other real estate ownedReserve with Federal reserve banksCash in vault . . . .Amount due from banks and trust companiesOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Acceptances of other banks and bills of exchange or

drafts sold with indorsement _.Securities borrowedOther assets

Total. _

LIABILITIES

Capital stock paid in.. . . . . _Surplus _Undivided profits—net..---._,_._>.-_Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaidNational-bank notes outstanding _Due to banks (including certified and cashiers' checks,

and cash letters of credit and travelers' checks out-standing) _ ^.-_

Demand depositsTime deposits (including postal savings)United States deposits. _-_.Agreements to repurchase United States Government

or other securities soldBills payable and rediscounts._ -. .Acceptances of other banks and bills of exchange or

drafts sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of

reporting banksSecurities borrowedLiabilities other than those above stated _.

Total..



TABLE NO. 51.—Abstract of reports of condition of national banks in central reserveand other reserve cities and country banks at date of each call during year endedOctober SI, 1929—Continued

JUNE 29, 1929


Central re-serve citybanks (33banks)

Other re-serve citybanks (344

banks)

Country

(7,159banks)

Total (7,636

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.. _ - .United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned.:.Reserve with Federal reserve banksCash in vault.. _Amount due from banks and trust companiesOutside checks and other cash itemsRedemption fund and due from United States Treas-

urer.Acceptances of other banks and bills of exchange or

drafts sold with indorsement __Securities borrowed .Other assets _

Total

LIABILITIES

Capital stock paid in -SurplusUndivided profits—netReserves for dividends, contingencies, etc ._Reserves for interest, taxes, and other expenses accrued

and unpaidNational-bank notes outstanding... _ _Due to banks (including certified and cashiers' checks,

and cash letters of credit and travelers' checks out-standing)

Demand deposits.Time deposits (including postal savings)United States depositsAgreements to repurchase United States Government or

other securities sold _Bills payable and rediscountsAcceptance of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of re-

porting banks -----Securities borrowed _--Liabilities other than those above stated

Total

2,952,0661,595

503,661367,872261,66879,468

441367,37725,935

674,4424,083

2,015

124,3039

116,939

5,115,3553,066

1,156, 801932,920129,867256, 56828,397

482,00079,318

1,089,47742, 288

7,836

40, 20211,81560,195

6,733,7095,532

1,143,3982, 551,883

5,798411,64890,001

495, 574192,750805,17923,724

22,889

3618,362

31,441

5,481,874

326,175391,82576,35119,875

20,82240,124

954,9192,438,307

546,41046,332

3,750180,595

124, 303261,208

8,6759

42,194

9,436,105

527,175443,942139, 77329,322

28,460154,372

1,203,2553,671,6512,635,704

125,890

39, 475223,012

40, 202126,479

8,90011,81526,678

12, 522,249

774,025643,285271,38031,635

24,-686554,956

390,3084,394,3105,134,981

56,021

6,435310,900

3614,936

1,0738,362

14, 595

14,801,13010,193

2,803,8603,852,675

397,333747,684118,839

1,344,951298,003

2,569,09870,095

32,740

164,86620,186

208,575

27,440,228

1,627,3751,479,052

487,50480,832

73,968649,452

2,548,48210,504,2688,317,095

228,243

49,660714,507

164,866

18,64820,18683,467

5,481,874 9,436,105 12,522,249 27,440, 228



TABLE N O . 51.—Abstract of report of condition of national banks in central reserveand other reserve cities and country banks at date of each call during year endedOctober 81, 1929—Continued

OCTOBER 4, 1929


Central re-serve citybanks (33banks)

2,820,2541,699

499,579367,995310, 784

74,0705,265

353,15226, 532

983,80510,409

2,093

145, 442707

111,440

5, 713,226

359,932416,375

89, 56018, 316

17,31840,335

1,152, 9362,382,170

639,69736,160

50055,209

145,442305,828

12,943707

39,798

5, 713, 226

Other re-serve citybanks (331

banks)

6,282,8304, 501

1,079,037846,918166, 624258, 619

27,412469,057

93,0011,120,429

36,833

7,722

42, 55213,17256,441

9, 505,148

532,579447,843154,17921,167

38,023151, 501

1,258,9953,621,8722,548, 573

111, 768

34,148330,935

42,552167,449

6,50113,17223,891

9, 505,148

Countrybanks(7,109

banks)

6,858, 7939,333

1,126,2582, 526,101

7,320413,730

89,007498,218227,829865,956

22/679

23,039

9318,050

28, 692

12, 705,936

778,763651,023312,134

22,276

31,134449, 268418,029

4,563,9705,113,481

54,346

7,042271,428

9316,654

1,1748,050

16,233

12, 705, 936

Total (7,473banks)

14,961,87715,533

2,704,8743,741,014

484, 728746,419121, 684

1,320,427347, 362

2,970,19069,921

32,854

188,92521,929

196,573

27,924,310

1,671,2741,515,241

555,87361,759

86,475641,104

2,829,96010,568,0128,301, 751

202,274

41,690657,572

188,925479,931

20,61821,92979,922

27,924,310

KESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned _ _ _..Reserve with Federal reserve banksCash in vault... _Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treas-

urerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed._ __ _.Other resources

Total

LIABILITIES

Capital stock paid inSurplus - _Undivided profits—netReserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued

and unpaid-__.National-bank notes outstandingDue to banks -Demand depositsTime deposits (including postal savings)United States depositsAgreements to repurchase United States Government or

other securities soldBills payable and rediscountsAcceptances of other banks and bills of exchange or

drafts sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of re-

porting banks. _. _ _Securities borrowed.. _.-Other liabilities - ~.

Total... __ _


TABLE NO. 52,—Classification of amounts "due from" and "due to" banks reported by national banks at date of each call during year endedOctober Sly 1929

DECEMBER 31,1928


8fcO

Banks in—


New York ____Chicago

Total Central reserve cities


BostonAlbanyBrooklyn and B ronxBuffalo _Philadelphia..PittsburghBaltimoreWashingtonRichmondCharlotte...AtlantaSavannah 9.JacksonvilleBirmingham.New OrleansDallas .El Paso.Fort WorthGalveston...HoustonSan Antonio ___WacoLittle Rock

Items withFederalreserve

banks inprocess ofcollection

157,94824,686

182,634

35,8385,3361,363

42434,96325,06614,2573,6793,476

6465,9422,4371,5802,7641,456

11,6951,2957,706

5176,9441,975

669846

Due frombanks andtrust com-panies inUnitedStates

37,43080, 822

118,252

41,1124,1111,1521,271

51,01022,98511,1668,4423,494

75515,2998,970

11,2205,6852,780

13,5832,967

10,1372,277

13,2797,9022,581

436

Exchangesfor clear-ing houseand otherchecks on

localbanks

1,448,11973,129

1, 621,248

43,325922

2,574712

63,76011,6298,2195,8661,004

3042,6561,9881,018

7953,1895,202

6631,902

8726,7471,399

260162

Balancespayable in

dollarsdue fromforeign

branchesof Ameri-can banks

1

12

714

8

4

Due frombanks andbankers inforeign

countries

54,8436,733

61, 576

14,6922059

1164,909

386157161

4

19

1182899

2320114

Total

1,698,340185,370

1,883,710

134,96710,3895,1482,523

154,64360,06633,79918,1607,9781,705

23,89713,40213,8519,2447,543

30, 5085,024

19,7533,689

27,17511,2903,510

944

Due toFederalreservebanks

(deferredcredits)

2,167

88

1,305

551202

282

Due toother

banks andtrust com-panies inUnitedStates

738,958238,846

977,804

90,22411,1373,148

873149,08577, 57132,24613,65811,000

48418,12714,76314,2267,5469,281

36,7813,221

24,3708,569

30,9868,4412,5411,727

Due tobanks inforeign

countries

241,4374,550

245,987

25,4022256

1013,271

717223239

12

26742

403

216181

Certifiedand

cashiers'checks,

includingdividend

checks out-standing

847,87518,941

866,816

19,397207

1,093681

7,1734,0031,2821,091

752191

2,311814857275289

6,765754

12,020243

4,3981,418

337176

Letters ofcredit andtravelers'checks sold

for cashand out-standing

2,9701,950

4,920

327

8

613,885

127

2611

2

Total

1,831,240264,287

2,095,527

135,35013,5334,3051,655

159,67886,17633,75216,32011,752

67520,43815,57715,0957,8219,837

43,6144,379

36,9429,014

35,60010,0423,1601,903


LouisvilleMemphis.. _Nashville.Cincinnati.. _ClevelandColumbusToledo _ _IndianapolisChicagoPeoriaDetroit . .Grand RapidsMilwaukeeMinneapolis _. __St. PaulCedar RapidsDes Moines . _ _DubuqueSioux CityKansas City, Mo __St. Joseph.St. LouisLincoln _OmahaKansas City, KansTopeka -Wichita

DenverPuebloMuskogeeOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City ,.

Total other reserve cities

Total all reserve cities.

6,842548

3,7305,5753,3584,446

2305,267

995506

14, 570628

5,8103,7192,1111,6841,926

173468

10,454424

17,956504

4,144516257

1,220404

4,782

1175,284

7142,9291,6952,4898,068

6,146392

2,193

303, 648

486, 282

8,0885,0137,2247,1647,8766,295

66712, 5346,0982,5258,5112,876

18, 37123,23817,0453,5572,945

8004,410

17, 7674,733

21,9922,836

16,0001,7013,1275,9771,036

16,7359,7941,826

15,19015,75917,8893,297

11, 37739,1903,815

43,8972,3514,479

648, 619

766,871

1,908666

1,2762,9402,8601,919

2022,5351,256

67311,0761,1695,5197,6032,694

516923109693

4,864487

11,852609

4,021183596

1,28978

4,024192149

1,3052,2906,548

8944,468

14,332973

48,924535

1,175

321, 492

1, 842, 740

4

1

1

3

1,027

21

1

1,104

1,104

1131768

1068

83749

177645485

21

577

1

50

35730143432

1, 544

7,843

1

35,086

96,662

16,8426,227

12,23015,69014,41212,7281,099

20,4428,3583,704

34,9964,722

29,87735,20522,3355,7575,7941,0825,571

33; 1065,644

53,4043,949

24,1662,4003,9808,4861,518

25, 5919,9862,092

21,77918,79828,1176,029

18, 76663,1354,788

106, 8103,2787,848

1, 309,949

3,193,659

61,511

3021,229

1,220

152

9,015

9, 015

26,9416,212

12,44013, 3416,080

12,0521,321

20,9671,2604,512

23,1913,340

29,82349,58725,97710,4599,108

8488,060

52,0099,529

67,7207,276

30,6713,7743,144

10,1902,281

20,2355,8501,949

25,20826, 87117, 8175,316

13,54033, 3465,650

71,7324,7938,961

1, 263, 386

2, 241,180

2122238

551

1,021

87690185

2

256

61

85148

5392,121

5,886

43, 236

289, 223

894284551

3,6099,0062,114

149747

1,492324

3,493147

1,4273,4051,159

27265784

6915,194

2325,932

1991,445

9597

722145

2,575351

1,0455,3565,2202,439

5611,370

10,8631,175

31,80853

378

174, 287

1, 041,103

35

153

541

5819

8791

251

15

8

207

5171

212

4, 995

9,915

27,8356,496

12,99116 97415,31915,7151 772

23,0132,7564,836

27, 7593 488

32,61553,68327, 33010,7319,765

9328 838

57,2149,762

73,9337,476

32,1313 8693,241

10 9122,426

22,8796,2012,994

30 56432, 24321,1275,932

15,50046', 4016,825

109,6384,8469,339

1, 494, 919

3, 590,446


TABLE NO. 52.—Classification of amounts "due from" and "due to" banks reported by national banks at date of each call during year endedOctober 81, 1929—ContinuedDECEMBER 31,1928—Continued


CO

Banks in—

COUNTEY BANKS

Main© . _New Hampshire. _ .VermontMassachusetts ." _ _ _Rhode IslandConnecticut


New York_,New JerseyPennsylvaniaDelawareMaryland __ _ _ _ _ ..


Virginia..West VirginiaNorth CarolinaSouth Carolina. _GeorgiaFlorida.AlabamaMississippi _Louisiana.Texas.. .ArkansasKentucky. _Tennessee..__ .




1,1442,156

8999,972

9718,349

23,491

11,25915,9776,995

15034

34,415

5,1781,3501,9271,447

83376713310736

2,157221178

1,171

15,847


5,3043,6482,683

14,1501,713

14,461

41,959

32,45530,68061,9531,1283,432

129,648

14,9639,576

18,02613,6237,490

16,68315,96611, 55711, 69489,09213, 43615,49118, 552

256,149

Exchangesfor clear-

ing houseand otherchecks on

localbanks

791486267

2,792879

5,049

10,264

4,4247,9956,648

167325

19,559

2,9131,2331,3121,516

8181,1601,054

611786

3,566554

1,0891,834

18,446

Balancespayable in



195

21

45

4

1

10

4

19

Due frombanks andbankers in

foreigncountries

562584402673

304

21780

107

404

83

35

544

136

4

307

Total

7,2956,3153,933

26,9543,589

27,932

76,018

48,37454,73775,7241,4453,791

184,071

23,14112,15921,26516,6228,391

18,23417,77712,47813,21694,95514,21116,76221,557

290,768


(deferredcredits)

172557266

3,446356

3,587

8,384

4,2773,9843,687

2336

12,007

2,406768

1,19469559

29641852

316866

15279

1,388

8,752

Due toother


2,1193,2061,336

14,6881,4907,245

30,084

8,77311,76312,035

381671

33, 623

11,8635,962

13,2909,0461,9347,1035,4626,661

10,78133,63310,3023,933

16,135

136,105


countries

4

20

6

30

5446

14

114

64

75444

554

1,137

Certifiedand

cashiers*checks,

includingdividend

checks out-standing

611715542

2,271429

2,503

7,071

5,1114,8576,977

97388

17,430

2,6812,3021,4541,127

4361,655

9571,080

7218,848

892834985

23,972



1

3156

25

85587

150

4

583

142

72

Total

2,9064,4792,144

20,4282,290

13,347

45,594

18,22320, 70522,786

5151,095

63,324

17,0189,032

15,93810,8682,4879,1327,2817,793

11,81943,90511,2115,046

18,508

170,038


OhioIndiana. _IllinoisMichigan . . .WisconsinMinnesotaIowaMissouri


North Dakota _ .South DakotaNebraskaKansas _ _ _MôntanaWyomingColoradoNew Mexico.Oklahoma

Total Western States.— _

WashingtonOregonCaliforniaIdahoUtahNevadaArizona



banks)


Total country banks..

Total United States

2,2153,0174,735

489709683

1,399159

13,406

95273

8207324

7176120290

1,500

989

1,208667

10855

2,145

90,804

577,086

33,22724,08737,96916,07621,65825,50822,16011, 537

192, 222

9,7059,6619,336

24,67411,7256,097

13,6914,889

35,592

125,370

11, 5349,081

34,0337,077

9113,2643,850

69,750

620

776

1,396

816,494

1,583,365

5,6393,4673,735

• 2,4862,3491,6671,151

743

21,237

417364530851596238630226

1,466

5,318

1,230373

3,4195302741

676

6,296

12

481

493

81, 613

1,924,353

8628

3

25

142

50

4

54

260

1,364

202

5152

20828

361

29

1544

8

176

272

133

371

22

193

4

18

22

1,863

98, 525

41,18730,60146,49319,10324,71628,09124,73812,439

227,368

10,24610,2989,874

25,74712,6896,342

14,5055,235

37,524

132,460

13,0459,463

38,7018,275

9383,4134,603

78,438

636

1,275

1,911

991,034

4,184,693

753506203456

21

1,390

205

5367

325

30

482195

14226

875

31, 733

40,748

6,92215,75421,5344,8488,869

14,18910,0727,420

89, 608

4,1464,6894,4708,5033,5893 6771,9681,4368,500

40,978

2,8301 431

13,1223,376

1252 2611,035

24,180

12

1,111

1,123

355, 701

2, 596,891

4

5

157

166

1031

9

50

123

65

143

331

3

3

1,831

291, 054

6,7912,2453,2962,0071,9462,2821,820

537

20,924

756822639

1,600726394

1,138661

5,859

12, 595

1,449715

7,46460696

152618

11,100

47

272

319

93,411

1,134,514

225

3428214

114

12117

313

37

427

31

429

10,344

14,49218 51024,8846,922

10,89216,63211,9137,957

112,202

4 9J25,5425,121

10,3194,3314 0713,1092 151

14,429

53,985

4,4322,150

21,1604 177

2212 5551,822

36, 517

59

1,386

1,445

483,105

4, 073, 551

3o

00OxOx


TABLE NO. 52,—Classification of amounts "due from" and udue to" banks reported by national banks at date of each call during year endedOctober 31, 1929—Continued

CO

MAECH 27, 1929


Banks in—




Exchangesfor clear-


localbanks

Balancespayable in




foreigncountries

Total


(deferredcredits)

Due toother



countries

Certifiedand

cashiers*checks,

includingdividend

checks out-standing

Letters ofcredit andtravelers'

checks soldfor cashand out-standing

Total


New York

Chicago

Total central reserve cities.


Boston___AlbanyBrooklyn and BronxBuffalo.— -Philadelphia-_ __PittsburghBaltimore ---Washington..-RichmondCharlotteAtlantaSavannah..JacksonvilleBirminghamNew OrleansDallas _El Paso.-yort WorthGalvestonHouston...San AntonioWaebtittle Rock _ _

165,18417,826

183,010

35,4192,4241,104

384

11, 7482,2014,450395

5,0582,5133,2472,3211,247

1,0945,284271

5,4941,758501199

42,02834,895

1,216,84229, 627

17 56,8443,969

1,480,91586, 317

620,584131,994

196,8012,137

864,55713, 370

76,923 1,246,469 60,813 1, 567,232 752,578 198,938 877,927

35,5003,7191,210559

36,94621,8027,1067,2372,477952

12,1388,4948,8575,3591,90414,573

9,216

13,9865,3491,264728

25,777509

1,272677

38,8616,7134,7003,423606194

1,6251,411519406

2,1141,837240

1,092335

2,700848

• 10436

7,67029156110

3,6164821161175

104,3666, 6813,7421,730

106,42349,68323,67012,9887,5381,541

5,812

100

~985"

74 40

1298672141088

18,82112,41812,7378,0865,39424,6804,68315,5943,65322,2907,9631,869

178125

112

87,0549,0123,017538

124,39071,10523,07210,88710,256

39116,11213,40015,1205,4177,36724,8142,44416,8764,93422,4506,5091,617846

17,789173595

4,538718231229

23645188

212140

2541,263218

8,4701,989783

1,061426111387465516215278

2,242891

1,371154

2,927675106

3,7871,005

4,792

453

~~20'

1434,902

37

1,685, 729148, 506

1,834,235

116,265

' 851137, 64178,71424,08613,19910,682

50216,49913,86515,658-5,6327,88127,1423,52318,4265,21325,5937,3251,895882


LouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianapolisChicago..Peeria__If^titf ^ oGrand RapidsMilwaukeeMinneapolisSt. Faul— —Cedar RapidsPeg MoinesDubuqueSioux City,Kansas City, Mo...St. JosephSt. LouisLincolnOmahaKansas City, Kans..TopekaWichita..Helena.-.

• Denver.PuebloMuskogee.-J. _.Oklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City.._...

Total other reserve cities.


5,430512

2,9485,4912,0383,963

708477

14,413592

4,743

1,7881,8001,495185500

9,226436

14,983537

4,035449198

1,239419

4,484

1054,585607

3,3291,1642,4259,955

7,095252

1,938

264, 718

7,127 j3,0075,6955,4004,1298,431945

7,0554,7531,5698,8272,91619,19918,216

2,7442,413360

4,25218,1654,08120,4803,10814,087

9272,0484,673796

13, 3024,4871,35514,38913,35417,1253,4589,04740,0422,684

45, 7391,2862,699

560, 049

447, 728

1,111305629

1,8521,1591,046147

1,249587354

7,407431

3,2294,3461,31628853966535

3,240420

7,039273

3,05013518045526

2,2879.784767983

3,429454

2,28810, 751

41925, 676

109

185, 455

636, 972 1, 431, 924

20

648

665

1536991

13619

1,69184211802748

16

818

70

3582670556

1,374

11, 602

32,216

93, 029

13, 679

9,27212,7587,69613,5311,38012,4386,0672,40032,3384,02327,38226,65313,8404,3924,447611

5,28730,6474,93743,8433,91821,1771,5112,4266,3671,241

20,1434,5841,54419, 74114, 97924, 7155,14614, 31662,1223,10390,1121,6475,336

1, 043, 088

261,461243667

1,143

32

2, 610, 318

10,884

22, 4564,36514, 61611, 5745,90011,9681,19.713,941

8674,029

25, 7973,44534,46648,19623,0069,9548,4521,017

48,1739,84969,3568,15232,4093,1813,0297,7791,15, 2593, 5171,12019,02414,21317, 5255,84612, 95028, 6673,97872,1503,6996,792

1,120,631

4

"218

711282

11......

"418

41

9504

4931,388

5,726

35, 412

10,884 1,873,209 234,350

5882033,849S454456923908

1,716273

3,10942

1,1013,519765149

4721,765147

2,268ISO

2,057131118543117

1,046233187

1,2112,1851,540637

1,4577,730443

16,27848301

92, 387

970, 314

40902

578

23. 0444, 56815,00012,5906,77114,0591,46315, 5862,5884.30229,1833,48936,98852,43724,05710,1039,0151,1049,75549,96610,00872,0808,31334,4983,3123,1478,3221,923

16, 3523,7501,307

20,23516,43220, 0496,48714, 94037,8754,423

94, 7323,7477,093

1, 265, 937

11,415 j 3,100,172

CO

2


TABLE NO. 52,—Classification of amounts 'due from" and udue to" banks reported by national banks at date of each call during year ended COOctober SI, 1929—Continued §J

MARCH 27,1929—Continued[In thousands of dollars]

Banks in—

COUNTRY BANKS

Maine . .-New HampshireVermontMassachusetts.,Rhode IslandC onnecticut

Total New England States.-_

New YorkNew JerseyPennsylvania . . .DelawareMaryland .

Total Eastern States. _

VirginiaWest VirginiaNorth CarolinaSouth Carolina _GeorgiaFloridaAlabama - -MississippiLouisiana _Texas - - - --.ArkansasKentuckyTennessee




1,2241,319

8717,541

7306,769

18,454

11,27611, 2626,737

12844

29,447

4,0331,2121,7381,114

108751518377827

2,005228158

1,346

14,415


3,5902,5281,976

12,0381,464

10, 503

32,099

26,93120, 35751,008

7172,930

101,943

12, 73911, 01113,8359,4625,705

22,26011,8599,6396,162

64,3289,330

10,14514,834

201, 309

Exchangesfor clear-


localbanks

30222094

1,508632

2,330

5,086

2,4084,1743,700

78180

10, 540

1,235616678678248632378301457

1,495182311736

7,947

Balancespayable in



175

175

4

5

6

15


foreigncountries

10426954615

170

456

22074

176

470

78

17

10297

442

4

839

Total

5,2204,0933,036

21,1332,841

19, 772

56,095

40,83535,86761, 796

9233,154

142, 575

18,08912,83916,25211,2616,061

23, 65813,05210,3177,446

68, 2769,740

10,61816,916

224, 525


(deferredcredits)

190431280

3-, 386185

3,082

7,554

4,2434,0464,020

6927

12,405

1,596604817

1,31162

27533425

25656524

1,251

7,120

Due toother


1,8522,447

88111,814

9376,442

24, 373

8,0069,891

11,965344577

30, 783

8,7176,836

10,1416,9731,4076,9884,4545,2886,677

26,1697,0103,571

13,358

107, 589


countries

4

10

14

6560

7

132

60

78402

386

926

Certifiedand

cashiers'checks,

includingdividend

checks out-standing

371488383

1,797305

1,601

4,945

3,5744,1455,212

32239

13, 202

1,150989

1 637705253

2,507659664403

5,034502888552

15,943



1

4135

23

63257

95

32

24

126

47

Total

2,4173,3671,544

17,0111,440

11,130

36,909

15,89418,17421, 254

452843

56,617

11, 5268,431

12, 5959,0131,7229,8485,8495,9777,336

32,1667,5424,459

15,161

131, 625


OhioIndianaIllinoisMichigan

«j Wisconsino Minnesota. _ _ _O Iowa§ Missouri _ _

Total Middle Western StatesGO

© North DakotaSouth Dakotaj NebraskaI Kansas _

j£ MontanaWyomingColorado . _ __New MexicoOklahoma _


Washington . _ ._OregonCaliforniaIdaho . _ _ -_UtahNevadaArizona _

Total Pacific States _


banks).


Total country banks.-

Total United States

1,2482,5284,801

950825535

1,410253

12, 550

12122271

133238

873

107254

1,227

119132

1,239246

5965

1,860

77, 953

525, 681

30, 73418,32533,46615,92822,38821,32418,4688,423

169, 056

7,2786,946

10,10619,5938,3534,095

10,6153,127

25, 358

95,471

12,9576,547

21, 5054, 507

6942,2483,417

51,875

611634

1,245

652, 998

1, 289, 970

2,6361,8602,1491,4791,254

709734494

11,315

29523535437928914835397

635

2,785

972196

1,764142

1423

353

3,464

3109

112

41,249

1,473,173

32

32

105

105

327

992

4533

74

2337

365

38

729

1278

158

367^

157

441

90

292

324

27

2,816

95,845

34,66322, 71640,41918,43124,46722,80120,6199,170

193, 286

7,7327,403

10, 53120,1448,9094,378

11,0493,331

26,405

99, 882

14, 2056,875

24,6574,896

7082,3303,925

57, 596

617767

1,384

775, 343

3, 385,661

540323

1660

260

53

1,207

2

3717

56

27

30172

63

463

28,805

39,689

7,54313,02121,1955,475

11,12811,4799,7556,829

86,425

3,4124,0575, 2179,0362,8142,4721,6801,0746,303

36,065

3,3011,031

10,3191,898

1,481768

18,853

12696

708

304, 796

2,178, 005

18910

199

7

5

9

14

35

104

68

318

490

4

4

1,800

236,150

% 6561,8922, 5781 2881,2721,9431,732

637

13, 998

726663581

1,154677289

1,169401

2,767

8,427

1,035584

3,24323858

136481

5,775

6525

90

62, 380

1,032, 694

13345

2620

188

166

16

5

8

51

233

35

5

5

444

11,859

10, 87215, 24023, 7946 849

12, 68013, 61111 5027,469

102, 017

4 1454 7205,819

10 1963,5182,7612,8681 5129,095

44, 634

4. 4671 617

13, 9642, 208

1131,6801,567

25, 616

77730

807

398,225

3, 498,397

CO


TABLE NO. 52.—-Classification of amounts "due from" and "due to" banks reported by national banks at date of each call during year endedOctober 81,1929—Continued

JUNE 29, 1929


CO

Banks in—


New YorkChicago



BostonAlbanyBrooklyn and BronxBuffaloPhiladelphia- _PittsburghBaltimore.WashingtonRichmond. __CharlotteAtlantaSavannahJacksonvilleBirminghamNew Orleans .DallasEl Paso.Fort Worth __GalvestonHouston.San AntonioWacoLittle Rock . . .



93,82318,624

112,447

31,9065,558

76079

26,06221,92810,8632,5983,364

4314,3582,2422,0982,169

8648,087

8705,434

3675,7931,405

310249


23,96461,896

85,860

29,5944,116

78775

46,02019,78712,1178,8512,414

8388,3567,7897,3494,8192,338

12,5672,6478,7732,204

15,0516,0821,034

300

Exchangesfor clear-


localbanks

403,63030,259

433,889

19,67214,966

462140

41,2488,0184,6754,968

684233

1,6241,276

704569

1,4761,685

2651,699

3164,190

977128125

Balancespayable in



18

1

8

22

4


foreigncountries

38,2593,987

42,246

9,113

I"3,708

816129521

5

14110762

10123

4

Total

559,676114,766

674,442

90,28524,6682,027

295117,03950,54927,78416,4776,4631,502

14,33811,30710,1787,5574,819

22,3493,858

15,9082,897

25,1618,4681,472

674


(deferredcredits)

2,155

118

1,309

210

506156

138

Due toother


471,824129,692

601,516

86,8099,424

279

134,39369,75729,60711,2067,706

53512,33610,04513,0363,7396,833

19,0472,026

15,9813,807

19,3025,7201,184

808


countries

163,3123,018

166,330

17,10818

3,317787252228

412

19535

426

155134

Certifiedand

cashiers*checks,

includingdividend

checks out-standing

171,3518,115

179,466

11,31057732484

3,5652,139

752896217132753180520182276

2,705890

1,42963

2,218655168233



6,1921,415

7,607

800

2

1226,340

292

5

5122

1

404

Total

812,679142,240

954,919

116,02712, i74

60584

141,51579,02330,61313,7317,923

66713,08910,22913,5734,1317,304

21,8383,364

17,9174,026

21,7156,5131,4901,041


LouisvilleMemphis, _ .Nashville __CincinnatiCleveland- >Columbus - - ~__^~Toledo..— . .... _

Chicago - - . . . *Peoria _ -_Detroit-.Grand RapidsMilwaukeeMinneapolis _ -St. PauL . . .Cedar RapidsDes MoinesDubuque__ --Sioux CityKansas City, MoSt. JosephSt. LouisLincoln __OmahaKansas City KansTopekaWichitaBelena -DenverPuebloMuskogeeOklahoma CityTulsaSeattle -SpokanePortland - -Los AngelesOaklandSan FranciscoOgdenSalt Lake City.



4,378585

3,0944,3532,6083,159

4364,116

563473

16,038488

4,8163,2201,5441,2012,231

210479

8,977306

10,060442

3,807460229892468

4,333

844, 702

4012,382

9702,4389,017

7,326114

1,942

251,137

363,584

7,1862,1476,2996,5022,9256,536

6949,2025,1432,101

10,0121,889

15,80021,82214,9583,2933,199

6154,223

14,7744,733

15,5333,145

15,0781,1215,1495,105

97114,7683,4411,432

12,78114,55720,3893,022

10,18848,3892,821

57,189687

4,654

588,381

674,241

1,615407823

1,6711,3441,334

1531,914

698629

8,291638

3,3766,0351,089

3161,012

111371

3,350458

5,700437

2,005209281

1,03975

2,67611164

1,3041,2593,687

5813,4919,7441,062

36,916108

1,295

217,779

651,668

8

30163

3

24

15

296

296

18567121

14444

1,48320

234764574

40

199

5

109

71196

6091,392

10, 534

1

31,884

74,130

13,1873,139

10,21612 5447 444

11,1501,283

15,3766,4483,203

35,8243,035

24,22631,87118,3284,8106,442

9365 073

27,1445,497

31,5164,024

20,8951,7905,6597,0361,514

21,8863,5521,580

18,78716,21727,1844,669

16,72668,5423,883

111,965909

7,892

1,089,477

1,763,919

1,618307

1,020

1,832

1

9,370

9,370

17,0392,9449,509

11 2676,602

10,1441,121

15,218862

3,41920,998

1,63929,15241,49419,3589,0939,987

7668,816

43,3929,070

43,4229,051

29,3762,7803,1217,7191,710

14,6782,293

94417,21614,39620,3845,232

13,10031,3945,043

83,3803,1458,183

1, 052,037

1, 653, 553

25229

59

482

958

322773300

10

12

323

59

9883

4661,414

5,683

34, 345

200, 675

4 194128

1,12488485988811

9171,218

4822,919

65963

4,9961,084

1650 9 0

91960

1,869142

3,240332

1,198413131876267

1,959110339

2,3051,6841,698

4991,5248,6021,101

15,67933

297

97,337

276,803

16

32

2313

80

504319

162

261044

14

1826

21366

51,870

10,166

17, 773

21,2333,072

10, 63312 1777 696

12, 7411,439

17 2262,0953,901

24,9551 704

32,31947 30620,7619,258

10,810867

9 77745,2899,214

47,0119,393

30,6183 1933,2528,5951,977

16,7102,4031 283

19,52116,09823,0965,734

15,11141,7766,149

106,6123,1788,480

1,203,255

2,158,174

CO


NO. 52.—Classification of amounts " due from" and "due to" banks reported by national banks at date of each call during year endedOctober 8J, 1929—Continued

JUNE 29,1929—Continued


00to

Banks in—

COUNTRY BANKS

Maine -New HampshireVermontMassachusettsRhode IslandConnecticut


New York . _ .New JerseyPennsylvania _ _ _DelawareMaryland - -


Virginia.. _ _ - „ , . _ . _West VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida _ _ _ _Alabama _ .MississippiLouisianaTexasArkansas - _Kentucky .__ ___• __Tennessee




1,1201,729

7928,051

7088,298

20,698

10,89013,0547,821

13849

31,952

3,6711,3511,447

772105356612186586

1,470159107

1,223

12, 045


3,7762,3962,240

11,9151,448

13,304

35,079

28,88124,35252,8151,0893,777

110,914

13, 54911,17014,3408,7014,833

16,96610,7978,5276,291

56,1468,9019,574

13,829

183,624

Exchangesfor clear-


localbanks

458294125

2,062538

3,004

6,481

2,9386,1505,836

160287

15,371

1,734733

1,210855533972

1,007460462

2,347290806

1,433

12,842

Balancespayable in



5

8

13


foreigncountries

6921906516

142

403

32998

156

583

3T

28

734

136

1

244

Total

5,4234,4403,247

22,0932,710

24,748

62,661

43,03843,65466,6281,3874,113

158,820

18,99713,25416,99710,3565,471

18,30912,4509,1737,339

60,0999,350

10,48816,485

208,768


(deferredcredits)

220454303

3,573116

3,187

7,853

3,5833,9243,099

4017

10,663

1,749857

1,00128196

32731034

3803822574

1,378

6,894

Due toother


1,7362,966

97011,1471,2887,264

25,371

9,2148,864

11,125476688

30,367

7,9225,7188,3396,5891,1856,3833,8144,2026,386

20,5425,1672,249

10,437

88,933


countries

2

5

19

2248

6769

136

146

51341

46111

1,001

Certifiedand

cashiers'checks,

includingdividend

checks out-standing

589762475

2,386277

2,380

6,869

5,4055,3917,315

83446

18,640

1,7871,6361,845

803385

1,475890764593

4,741534

1,2501,024

17,727



2

21134

49

1891384

151

58

1565

33

1324

91

Total

2,5474,1891,748

17,1271,692

12,887

40,190

18,28718,33921,577

6031,151

59,957

11,6098,219

11,1857,6881,6728,2415,3885,0007,359

26,1395,7293,578

12,839

114,646


OhioIndianaIllinois..MichiganWisconsinMinnesota.. __ _IowaMissouri


North Dakota..South DakotaNebraska _Kansas . _MontanaWyomingColoradoNew Mexico _Oklahoma _ _

Total Western States.

WashingtonOregon _California .Idaho_Utah..NevadaArizona


Alaska (nonmember banks) .The Territory of Hawaii (nonmember

banks)

Total (nrmmp.mhfir b^nks)

Total country banks

Total United States

1,2122,6794,984

679813418

1,379323

12,487

14223373

185382

66470

217

1,372

36358

1,111151

3825

1,746

80,300

443,884

28,40719,14636,69215,81020,89724,69218,06010,270

173,974

7,0148,228

10,26720,7848,6254,6218,8863,282

24,212

95,919

11,8737,728

27,5725,205

5712,8052,676

58,430

630

545

1,175

659,115

1,333,356

4,1804,3123,7762,2511,8311,113

904907

19,174

283413360836325159509149

1,047

4,081

952321

2,6211962166

392

4,569

4

721

725

63, 243

714,911

41

49367

31

128

23

23

23

23

187

483

3733

58

26935

405

28~

749

7

140

231

177

532

218

450

3

15

18

2,334

76,464

33,84026,04145,45518,84723,57726,49920,37811,531

206,168

7,4678,874

10,70021,8129,3814,7869,4663,501

25,639

101,626

13,3658,107

31,3805,554

5922,9093,311

65,218

637

1,281

1,918

805,179

2,569,098

945354454746

81

1,518

1

3432

67

33

35591

1310

502

27,497

36,867

6,80613,62322,2985,0029,275

10,6679,0276,395

83,093

2,5293,4064,8517,9282,4112,2771,248

9065,158

30, 714

3,0061,165

13,9361,542

771,796

877

22,399

6

931

937

281,814

1,935,367

1

3

27203

234

6% 574

232150219

44

1,225

24316

125

375

4

4

3,023

203,698

3,5482,6833,6511,8601,7862,3901 003

784

17,705

630673506

1,448749322930434

2,877

8,569

1,335726

4,56641357

350396

7,843

62

35

97

77,450

354,253

28

1046

6

72

4311341445

3

114

337

2

42

5

5

624

18,297

11,30016,66226,0056,919

11,18013,26010, 1117,185

102,622

3,1654,6965,6009,5603 3942,6032,1831,3748,114

40,689

4,6171,895

18,9002,046

1342,1591,410

31,161

68

975

1,043

390,308

2,548,482

4

CO

CO


TABLE NO. 52.—Classification of amounts "due from" and "due to" banks re-ported by national banks at date of each call during year endedOctober 31, 1929—Continued

OCTOBER 4, 1929


Banks in—


New York CityChicago



Boston..Brooklyn and BronxBuffalo .Philadelphia _Pittsburgh _BaltimoreWashingtonRichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew OrleansDallas.El PasoFort WorthGalvestonHoustonSan AntonioWaco.Little RockLouisville _.



168,13620,381

188,517

36,108616

7128,51820,15110,2103,1754,615

3474,9662,1741,8013,1891,243

10,5001,2006,769

7487,2421,570

782229

5,052

Due frombanks andtrust com-panies in

UnitedStates

35,29658,064

93,360

41,689615125

38,71421,4837,4738,3592,989

75615,8917,7476,6118,3762,781

17.2493,290

10,8272,825

35,0895,4513,023

3927,281

Exchangesfor clear-


localbanks

638,74226,928

665,670

38,6381,000

15935,9059,0234,9764,153

648202

1,5231,529

505406

2,6353,086

3031,141

6063,629

66718190

1,316

Balancespayable in



1

59

32

4

5


foreigncountries

31,5164,742

36,258

7,116

313,543

647111104

10

2120

1092

1751

5

Total

873,690110,115

983,805

123,5512,231

386106,68151,30422,77015,8508,2521,305

22,38011,4508,959

11,9716,680

30,8554,902

18,7394,196

26,0157,6933,986

71113,654


(deferredcredits)

73

1,369

299

42389

313

Due toother


408,884133,344

542,228

95,715170

134,82578,73126,44511,78010,322

46316,95513,3519,9776,3738,447

30,4621,975

17,6564,650

29,6936,8092,653

94816,459


countries

165,8302,672

168, 502

17,445

3,635786277185

10

20340

432

183172

Certifiedand

cashiers'checks,

includingdividend

checks out-standing

429,1908,081

437,271

15,333658140

6,5411,795

94076534851

435280584391228

3,1491,000

995119

2,181418227225561



3,953982

4,935

332

464,278

261

3

101

71

Total

1,007,857145,079

1,152,936

128,825828140

145,12085,59027,66414,16010, 670

51417,39013,63110,5747,0638,878

33,6613,408

19,0744,858

32,0647,4003,1931,173

17,020

CO

I

og3


Memphis _ __NashvilleCincinnatiCleveland _ « _ _

Toledo - .

ChicagoPeoriaDetroitGrand KapidsMilwaukeeMinneapolis -St. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt JosephSt LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenver > _PuebloIVtuskoceeOklahoma CityTulsaSeattleSpokanePortlandLos AnselesOaklandSan FranciscoOgdenSalt Lake City -



2,2114,1414,9792,7425,210

1914,348

895513

12,519518

5,0024,2791,9171,517

943305469

11,063362

13,666836

4,529598612

1,527626

7,006

1445,553

5092,9001,4343,160

10,723

6,527159

2,140

278,049

466, 566

12,6657,2035,1663,4059,255

5536,8705,4281,9057,5962,493

17,37325,54614,3413,1775,983

6444,086

17,3104,874

16,1973,607

18,0821,2332,2764,8861,357

14,5174,3841,359

14,59213,62415,8393,2969,993

41,2442,393

43,553943

4,429

602,712

696,072

1,419804

1,8081,4441,137

3501,452

80S617

7,795540

3,3447,2731,369

34470784

6803,254

3944,451

3932,638

21727060151

3,90010681

1,389919

3,820366

3,0189,467

45531,930

143920

213,079

878,749

45260

17

20

10

453

453

22

17832129

1232

1,2984

22883852918

23

294

4

205

74599

8781,008

7,051

2

26,136

62,394

16,31712,14811,9698,423

15,7311,094

12,7937,1333,035

29,2083,555

25,94737,98118,4165,0567,6331,0335,235

31,6505,630

34,6354,836

25,2532,0483,1587,0142,034

25,6284,4901,584

21,53415,05223,3245,195

17,04962,4422,848

89,0711,2457,491

1,120,429

2,104,234

1,597292

1,157

1,350

6,962

6,962

13,2299,008

11,4857,254

11,1811,097

14,495854

3,73620,3252,020

32,52548,85921,3579,688

10,117761

8,02748,7768,984

41,3479,247

32,6663,6793,7789,0232,432

17,4933,1181,146

20,95814,48019,1215,324

14,82930,4724,502

65,3173,3749,224

1,120,167

1,662,395

47282

42

495

1,084

167863601

1

3

329

59

9054

4001,431

4,174

33,814

202,316

343403864

1,6946043j3

8891,518

2533,054

31734

4,611723117932

53395

2,042130

2,402274

1,594109131424131

1,384221134

1,2831,3861,775

4221,2137,373

35813,858

43279

91,581

528,8521 HI"

46

77

42

204717

547

2257

8

1128

26200

91,203

6,471

11,406

13,5729,411

12,4009,236

13,4241,422

16,5972,3843,989

24,6052,051

34,79654,38022,698

9,80511,049

8158,422

50,8269,118

44,0859,543

34,3173,7883,9099,4472,563

18,9443,3391,280

22,24115,87721,8295,750

16, 46839, 4764,869

84,5523,4179,503

1,258,995

2,411,931

CO


TABLE NO. 52.—Classification of amounts "due from" and "due to" banks reported by national banks at date of each call during year endedOctober 31, 1929—Continued

OCTOBER 4,1929-—Continued


CO

Banks in—

COUNTRY BANKS

Maine _•__•__New HampshireVermont __ . .MassachusettsRhode IslandConnecticut

Total New England States..

New YorkNew JerseyPennsylvaniaDelawareMaryland


VirginiaWest VirginiaNorth Carolina. _ _ .South CarolinaGeorgiaFloridaAlabamaMississippiLouisiana _Texas. _ . .Arkansas. __ _.KentuckyTennessee




1,5072,2541,1059,326

5887,743

22,523

15, 70913,1847,727

11926

36, 765

4,8631,5141,037

818130358711429764

2,00551033

1,614

14, 786


4,7063,5832,441

13,6531,180

14,336

39,899

35,15225,56761,4411,0825,509

128,751

15, 7089,2769,4398,3776,161

11,94714,05110,1639,825

70,54212, 5807,578

14,832

200,479

Exchangesfor clear-


localbanks

627342189

2,275522

3,475

7,430

3,7654,8504,898

166233

13,912

1,506683822

3,011455466930737672

2,332490591

1,182

13,877

Balancespayable in



73

2

75

412

274

8

29

327


foreigncountries

8523

1045414

173

453

33110374

508

241

121

69336

52

335

857

Total

6,9256,2023,839

25,3082,304

25,727

70,305

54,95743,70474,2131,36/5,770

180,011

22,32211,48511,29812,6016,746

12,84816,02811,32911,26174,93113,5808,234

17,663

230,326


(deferredcredits)

223711404

3,536109

3,459

8,442

6,1024,2113,755

18153

14,239

2,15855238239993

25848246

293837869

2,143

7,738

Due toother


2,1723,112

80812,6031,1808,846

28,721

20,15710,13811, 773

381951

43,400

9,2865,6455,4958,4301,9144,0855,4015,8038,699

25,6529,1372,214

11, 722

103,483


countries

2

9

11

38692

109

117

42346

611

15

1,131

Certifiedand

cashiers'checks,

includingdividend

checks out-standing

519605486

2,471227

2,358

6,666

5,7324,8795,458

46274

16, 389

1,1481,0331 395

532228

1,208769598790

4,508669490616

13,984



1

2

5

8

124738

97

21

171

77,

35

Total

2,9164,4291 698

18,6211,516

14,668

43,848

32,04119,34421,026

4451,378

74,234

12, 7117,2317,2729,3612,2355,5937,0156,4489,782

31,6159,8992,728

14,481

126,3?1


OhioIndiana . __ _IllinoisMichiganWisconsin . ~Minnesota _IowaMissouri -


North Dakota. _South Dakota. __ .NebraskaKansasMontanaWyoming _ColoradoNew MexicoOklahoma _


WashingtonOregonCalifornia _IdahoUtahNevadaArizona

Total Pacific States.. _


bank)


Total country banks

Total United States

1.4392,8275,618

8771,036

6811,682

330

14,490

197368149321574

3166131240

2,149

1857

1,071297

6228

1,650

92, 363

558,929

27, 42919,03834, 66215, 58120, 78819,94018,34810,187

165, 973

11, 5287,9488,981

21,67411,4326,891

11, 5763,658

25, 475

109,163

12, 2559,404

30,1135,550

7283,0892,644

63, 783

917

3,502

4,419

712, 467

1, 408,539

2,9812,6062,4121,6281,567

988970585

13,737

378353355587410213499148876

3,819

963. 3522,292

3801939

449

4,494

6

419

425

57, 694

936,443

16

16

46

6

52

2

5

7

477

930

331

5467

262

417

60

733

1

105

206

252

361

149

438

4

72

76

2,955

65,349

31, 88224,47242, 74618,15323,39121,87121 00011,118

194, 633

12,1638,6699,485

22, 63512, 4497,107

12,2423,937

26, 702

115,389

13, 6559,763

33, 5146,228

7473,1903,275

70,372

927

3,993

4,920

865,956

2, 970,190

1,106361

662447

53

1,657

1

58112

171

241

478135

39

677

32, 924

39,886

6,77911, 53322,407

5,1979,975

10,8558,1396,974

81, 859

4,2524,0694,4399,2933,5822,9391,5411,0785,996

37,189

3,4931,341

12, 5072,282

1231,596

732

22, 074

11

1,043

1,054

317, 780

1, 980,175

3

230

233

9

5

16

30

104

35

169

308

5

5

1,827

204,143

2, 2731, 5922, 5971,8731,3412,1491,031

706

13, 562

769799547

1,091925313938439

2,408

8,229

1,001637

3, 513474

62158313

6,158

39

120

159

65,147

593, 999

3657

1424

18

104

724

113

18

9

41

8

58

2

29

31

351

11, 757

10,19413, 49125,080

7,10811,38713 2349 2417,680

97,415

5 0304,8694 993

10,3864,5163 2522,4801 5768,535

45, 637

4,6311,979

16, 5742,891

1851,7931,222

29, 275

52

1,197

1,249

418. 029

2, 829, 960

2o


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 81, 1929

DECEMBER 31,1928^


Banks in—

Demand deposits

Individualdeposits

subject tocheck


State,county,

andmunicipaldeposits

Otherdemanddeposits

Total

State,county,


Time deposits, including postal savings

Depositsof otherbanks

and trustcompa-

nies

Depositsevidenced

by sav-ings pass

books

Other time deposits


Timedeposits,

openaccounts;Christmassavings ac-counts, etc.

Postalsavingsdeposits

Total

Numberof savingsaccounts i


New York-Chicago

2,467,302602,815

6,6254,050

99,36146,927

75,8731,045

2,649,161654,837

2,874 28,11311,224

239,70356,856

24,58739,325

233,75465,802

9,6471,156

538, 678197,059



Boston.. _Albany..Brooklyn and Bronx. _Buffalo _ _.PhiladelphiaPittsburgh.BaltimoreWashington. __ ___RichmondCharlotteAtlanta,. . . _SavannahJacksonville-__ _Birmingham..New OrleansDallasEl Paso.Fort Worth.__ _ _Galveston _Houston.._ _San Antonio „

3,070,117 10,675 146, 288 76,918 3,303,998 25, 570 39,337 296,559 63,912 299,556 10,803 735, 737

402, 55121,31037,6027,253

355, 565244,65567,81673,66318,3717,899

44,04427,14324,21130,09624,09071,74716,10330,8137,531

63,31030,904

4112337130785345451

40772

8661263334210

431683615362

1,085566

21,4601,487275

22,05910,9925,929

44,279813

1,968412

1,6333,4321,8381,7991,3923,335389

6,2341,621

4,7728138234

2,5572,505

20635

4341

413

99615876359

672635

426, 73243,60639, 5427,869

381,034258,60673,81674,70922,6579,148

46, 87927,68125,91833,87326,93474,13518, 25435,1228,28271, 30133,726

2,24733164

1,3071,995

101,532500

56856

2501,815

7595251

83064

4,498500287

5,68544

1,486412150

7,176

44358

115,7289,50917,07716,06984,82890,67530,16636,47113,5113,08730,41821, 26320,12718,066

27,0531,368304

1,2037,4019,301642

4,844307

4,44275

3,052

35,692

1,335

56

22,2376, 51712,84912,94732, 5629,310

1,954701730548541

3,1111,836

274128

32,0033,2635,6571,805

2,00890123536500

1,032

5635016150

2,6287

5913

1,3457104933519235515927857910016933916244105132

183,91610, 97318, 41018, 960129, 387104,034

44,00613,8837,585

33, 88225, 87230, 24420,162* 2,84131,1597,63015,60813,99435,94418,660

645,173151,193

796, 366

254, 3394,24162,42141, 692199,446135,07046, 37781,54335,18718,118122, 64967, 38771,18346, 612

47,76116,02033,24720,24775,99311,023


Waco.Little Rock . „LouisvilleMemphisNashvilleCincinnatiClevelandColumbus - _ __-ToledoIndianapolisChicago _ _ _Peoria _ _ _DetroitGrand RapidsMilwaukeeMinneapolisSt. Paul.Cedar RapidsDes MoinesDubuque.Sioux City__Kansas City, MoSt. JosephSt. LouisLincoln.-OmahaKansas City, KansTopekaWichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsa___ _ _ ..SeattleSpokanePortland _Los AngelesOaklandSan Francisco _ „OgdenSalt Lake City _



9,3961,469

44,2589,461

22,18737,09727,46734,3994,090

46, 63035,99311,908

122,45313,11787,16688, 79953,545

7,19615,9613,3859,228

67. 7377,996

161,17610,03047,8073,463

11,42917,4593,502

65, 5428,2744,342

36,41356, 58366,50712,29143,998

196, 62815, 249

305, 2704,427

15,047

3,453,052

6, 523,169

73

20850

12337677725314

6560

92,146

533

3284

62173307399

5,143288

2,491142945268463250100639148

764308408

31,015

87412

2,817179557

33, 354

44, 029

1,696256

4,770

1,9544,3685,5698,416

6,0102,4432,9635,3853,5066,4677,2135,128

6992,517

2791,3263,4142,0057,1762,2414,5962,4172,3643,280

3744,536

599714

5,1044,0776,4171,6523,950

12, 8503,7638,248

8383, 691

265, 620

411, 908

37

4067

164411

19226479

448

250345

59187

1,74929961

416

418129

151

2746829

1,859250294

9,020946

2,848

12

36,132

113,050

11,2021,725

49,04810, 35124,22041,80334,35743, 5514,404

52,83839,26014,959

130,43217,15693,88396, 68558, 7368,144

20,4004,270

11,01476,71010,289

171, 26112,42553,3576,148

14, 25620,9893,976

70, 8689,0215,330

42,34960, 99775,19114,19649, 257

219, 37219, 970

319,1835,444

19, 307

3, 788,158

7,092,156

2,317

3,576850

8,0061,4021,570

575115

1,043

1, 265

1,523

192

2,31332

3718,980

940

33,136

81,183

100

178, 439

204,009

450

5

10

100400

6,600

230

450300

2,018

248

3,756

20

20, 246

59, 583

6,944983

17, 3436,012

12,26116,36625,3234,6333,5897,790

59,0907,473

59,2978,990

42,50343,90125, 559

7,5812,0645,1295,0906,9815,744

49, 5433,2809,8192,156

4685,9041,614

47,6834,3811,8609,434

12,52230,47612,49851, 588

200,9305,179

401, 762869

5,791

1, 841, 820

2,138, 379

449320

6,8842,3627,7921,1454,7175,6521,0064,5891,4204,5273,2313,551

10,56211,31010, 275

908571

1,6791,9171,508

92717,825

1483,764

659895812674856

1,0171,2713,958

5852,5813,4272,205

15, 6271,629

26,014654

2,307

248,914

312, 826

127

451686

1,896530

1,13563738

1,00963

5791,555

590158

654

2374

5,31217

1,24611

11455

103

9624,4603,458

21579

4,1874

5,865

120, 708

420, 2U

2413

10613663

10615

21571

20836835

39921

363847

3,20351

2,76438

7461,327

20545640

670464929204113

1,704157290

2,158285

2,337115

2,016467149

1,02418

155

83,843

44, 646

7,4171,316

27,2278,510

24,14319,05839,95712,4326,246

13,72262,19012, 58864,97912,62554,00765,47839, 6278,9285,3996,9118,207

10, 3536,880

76, 6773,485

15, 4993,2902,5986,9752,401

52, 6595,5874,754

28,99017, 79035, 39416,06156, 388

254, 5956,961

519, 6041,5418, 373

2,443,970

3,179, 707

9,7592,152

56, 21612,46533, 36625,88661,84024,4275,063

23,727298, 56828, 891

110, 32229, 387

159, 222151,18059, 60518, 3569,0619,621

27, 35733,65111,402

202,65618,88980,2617,4363,290

14,9432,450

105, 6784,9653,902

30, 71730, 59482, 38630,402

106,157349, 325

8,3011,026, 608

2, 65220,087

4, 723,770

5, 520,136

i Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc. COC


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 31, 1929—Con. OO

DECEMBER 31,1928—Continued O

In thousands of dollars]

Banks in—

Demand deposits

Individualdeposits

subject tocheck


State,county,


Otherdemand Total

State,county,



Depositsof other •banks

and trustcompa-

nies

Depositsevidenced

by sav-ings pass

books

Other time deposits


Timedeposits,



Total

Numberof savingsaccounts 1

COUNTRY BANKS

Maine _New Hampshire.VermontMassachusetts __Rhode Island __Connecticut


New York._ _.New Jersey.PennsylvaniaDelaware.Maryland

Total Eastern States ...

VirginiaWest VirginiaNorth CarolinaSouth Carolina __Georgia _FloridaAlabamaMississippi __LouisianaTexas...Arkansas. ,

31,33133, 56817,790

197, 36824,449

138,850

7721,965

2013,1031,1313,913

2,2782,936508

12,0362,3546,950

17600

758

3,005

34,39839,06918, 568213, 26527,934

42080140929

152, 718 540

156

"355"

~~86"

90,20318,02340,232196, 91313,55487,446

3,5302,7791,53110,6381,68010,142

2,852350190

2,54131

1,091

711985962641608

97,07621, 58642,152212,00215,30699,913

173,69849,71083,775453,55213,555166,988

443,356 11,085 27,062 4,449 485,952 2,109 597 446,371 30,300 7,055 1,603 488,035 941,278

322,379311, 386416, 799

5,5674,6678,582

21,342 179

45,15456, 78743, 537

9034,781

3,3162,3686,533

54

376,416375, 208475,4519,87826,356

4,6476,53710,460

261,799

564336

1,770

605, 551442,290776, 2619,31870,124

51,74813,415

131, 269206

3,107

5,8402,9204,240

12364

560945

3,1793911

668,910466,443927,1799,60175,405

1,147, 9831,003,7911, 634,904

11,729119,183

1,080,874 18, 995 151,162 12, 278 1,263,309 23, 469 2,670 1,903, 544 199,745 j 13,376 4,734 2,147,538 3,917, 590

86,35061,38355, 69935, 75729,91847,10163, 49533,170

314, 74737,081

5,510350

1,092251680250

1,502345833

8,5211,422

7,4586,2786,9778,2432,42011,8568,0816,7315,419

36, 5463,504

5911614752910321418938155696175

99,90968,17264,24344,28033,12159,42173, 26740, 62744,996360, 51042,182

2,799126

1,7006,309372

4,857901656247

4,360

44

1914575

1,755100

12520

95,26855, 59732,23240, 57415,41242,38738,91520,15716,01835,29017,615

36,19420,99022,9877,5899,9627,9448,13311,6583,12121,62511,987

578726

1,245161185944

2,437

272,260734

85327323

1,137342

2,72714?7231

2,144487

134,96877,76658,67855,815

60, 61450,63332, 71019, 44465, 80431,142

251,587163,877118,42387,78453,288105,090102, 27347,14433,79183,53237,567


Tennessee.-


Ohio _ —IndianaIllinois __MichiganWisconsinMinnesotaIowaMissouri..

Total Middle Western States..

North DakotaSouth DakotaNebraskaKansasMontana.WyomingColorado . _New MexicoOklahoma.__ ___


WashingtonOregon. __ __ ^CaliforniaIdahoUtah..NevadaArizona __ __



ber banks) __


Total country banks

Total United States

73,49754,069

930,956

181,802113,155208,716

77,12884,33770,13772,08546,265

853,625

29,52326,97833,94879, 9,6235,83715, 57744,96718,843

110,257

395,892

54,24236,962

133,80920,4373,2306 406

17, 744

272,830

2; 281

2,615

4,896

3,982,429

10, 505, 598

37384

21, 213

10,6452,9357,9293,9732^5616,5326,1361,130

41,841

3,3032,6885,4766,6712,3241,0903,1231,8753,308

29,858

1,4791,7673,4391,039

5227285

8,133

14

195

209

131,334

175, 363

4,9663,644

112,123

26,81221,67118,18212,1007,687

12,32512,0244,733

115, 534

4,4736,4043,812

17,8658,3375,1375,1084,665

21,351

77,242

13,3297,793

19,8386,0421,4911,6212,422

52,536

84

651

735

536,394

948,302

1474,435

7,651

1,6261,4681,1001,643

476836760151

8,060

21133235925976034

2408

724

2,927

.645898

1,250341627

164

3,034

9

9

38, 408

151,458

78,98362,232

1, 071,943

220,885139,229235,927

94,84495,06189,83091,00552,279

1,019,060

37,51036,40243,595

104, 75747,25821,83853,52825,391

135,640

505,919

69, 69547,420

158,33627, 5524,7898,326

20,415

336, 533

2,388

3,461

5,849

4, 688, 565

11, 780, 721

448598

23,672

6,3151,1712,1763,580

3572,092

91328

16,110

2,273468294215

426

654249

4,545

8,728

676543

10,202129150

92,875

14,584

27

250

277

88,949

292, 958

59410

2,920

2353231006786

13815

865

1054

102

1044

265

31

36

45

112

7,429

67, 012

32,02230,847

472,334

141, 78978,280

149,777136,74197,07372, 60438, 81710,970

726,051

12,5787,7445,608

10, 50019, 7558,224

21, 7833,5879,836

99,615

44,96119,47895, 96610,8564,0207,8636,457

189, 601

1,410

438

1,848

3,839,364

5, 977, 743

33, 01827, 669

222,877

69,78757,53782,26629,89954,33463,96657,15017,884

432,823

24,19618,53527, 54331, 69615,2414,907

12,1292,930

21,819

158, 996

9,6269,8369,8646,029

731280

1,482

37,848

166

117

283

1, 082, 872

1,395, 698

3043,082

12, 754

1,520703

5,393474

1,2203,5081,809

429

15, 056

361172632

1,01851

10818024

5,052

7,598

759216

5,143114

22

6,254

62, 093

482,357

6788

7,977

834760

2,241618608

3,3342,261

535

11,191

1,7812,839

1271,4423,5581,2231,174

9182,510

15, 572

2,27086250398744

221391

5,278

165

4

169

46, 524

91,170

65, 91862,694

742, 534

220,480138, 774241,953171, 379153, 678145, 505100,16630,161

1, 202,0-96

41,29429,76234, 30644,87138, 60914, 48835, 920

7,71843,806

290, 774

58, 32330, 935

121, 71418,1154,9458,418

11, 227

253,677

1,768

809

2,577

5,127, 231

8,306,938

79,134101, 575

1, 265,065

463, 762253, 299512,872379,896348,073286,032149,259

55,286

2,448,479

53,31338,25843,34574,38945,17320,69062, 76811,34845,871

394, 955

128, 72663,356

222, 00532, 30515,1369,060

17,294

487,882

2,403

1,214

3,617

9, 458, 866

14, 979, 002

1 Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.00


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 31, 1929—Con.

MARCH 27, 1929


3

Banks In—


New YorkChicago



Boston.r

Albany _Brooklyn and Bronx .BuffaloPhiladelphia..PittsburghBaltimore-Washington _-_Eichmond.CharlotteAtlanta. —SavannahJacksonville.. _BirminghamNew OrleansDallasEl Paso.Fort WorthGalveston_ __ .Houston

Demand deposits

Individualdeposits

subject tocheck

2,290,75/2338, 348

2,629,100

387,85219,62133,7836,580

324,803221, 56354,94574,26922,5527,820

45,99626, 53225,82726,05820,59267, 35115,47536,1916,488

62, 798


7,627822

8,449

5547

2254

663316

3383

72

57921338

26722

229410532195

1,184

State,county,


61,84110,410

72, 251

14,13145, 564

1,438625

13,99013,5353,166

44,6391,1212,002

4883,7822,9882,5203,5241,9036,9181,4139,646

Otherdemanddeposits

77,899678

78, 577

4,72154215432

8,0532,461

141,088

251111

413

29519

67

668

Total

2,438,119350,258

2,788, 377

407,25865,73435,6007,241

347,509237,87558,128,75, 74427,1989,194

48,68827,23329,68829,31623,42971,12317, 78843,7088,096

74,296


State,county,


2,07030,209

32,279

497513144

2,0811,628

101,932

500

28068

4,202500

1,0848,959

4451,401

551200


and trustcompa-

nies

17, 5826,570

24,152

64332

2501,453

752,679

40

50321

1,410

157

Other time deposits

Depositsevidenced

by sav-ings pass

books

240,6798,146

248, 825

118,9189,057

17,22716, 38980, 38992,19927, 98440,01613, 5653,228

29,12920,88919,60117, 556

22,9056,482

13,67212,41532,842


24, 2228,287

32,509

22,202914375

1,1935,8489,488

5954,495

3583,877

952,7103,559

8252,273

410726888587

3,259

Timedeposits,


204,14235,449

239, 591

43, 300

443466

33,0607,9712,0042,576

13223

2,03075388

541

1,513

20650

156


9,423764

10,187

2,5737

6804

1,28167552

3261920

4986218077798

17335117247

105

Total

498,11889,425

587, 543

188,13310, 52318,86920,383

123,659110,41835,24647, 95314, 0747,148

32,03225,09128,57819,4993,455

35, 3708,004

16, 33913,65036,719

Numberof savingsaccountsl

755,97047, 387

803, 357

259,2844,229

63,41842,147

165,986132, 22545, 59184,70133,00819,484

126,04066, 82572,64443,867

52,98516,56034, 32519,71181,678


San AntonioWacoLittle Rock. __..LouisvilleMemphis __NashvilleCincinnati _Cleveland - _-Columbus _ _ „Toledo "-."_"._-IIndianapolis _._Chicago..PeoriaDetroitGrand RapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes Moines-.-DubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopekaWichitaHelena _. -Denver :PuebloMuskogeeOklahoma CityTulsaSeattleSpokane __.__-.-Portland _ - . _-__-Los AngelesOaklandSan FranciscoOgden ._Salt Lake City _

Total other reserve cities..

Total all reserve cities 5,894, 653

30,2218,2922,06039,251

22,35040,05525,03533,991

42,65732,77811,173132,43912,15377, 37381,65143,1076,75517,3042,9878,874

8,117154, 598

45,2583,3819,67416,7432,711

60, 6026,2104,224

35, 34655,75056,8079,068

187? 96214,409

285, 6713,47514,454

3, 265, 553

511130

1946112707431749135

5621,112534500

""350"

73194553359

4,878288

1,604109808267506275101546145

6273005091

594950

108441

28,131

36, 580

3,441222

4,880

2,7616,01510, 00116, 056

3003,7442,0102,9953,4133,10212,1607,52010,401

8402,151196

1,3512,595899

10, 3102,3174,7941,606

3, 508390

9,1111,1771,4628,1728,61211,444

„ 2,770.„; 6,61914. 5853,40010, 883

5072,692

342, 841

15, 092

1097612

16741

2,3962

12930732404

244174150187457

59549

209253

84

16214632

2,370136264

10,834508

1,889

40, 560

119,137

35,66511,9392,29444,1509,33825,19746,77837,86350, 7985,211

46, 53535, 65715,312136,79015,75589,77789,69553,6587,85520,106!, 736

10,64376,3099,304

166,72111,80750,8635,254

13, 38820, 5263,202

70,3437,532

44, 29164, 69471,13011,97549, 566214, 33118, 588

300,1384,09017, 587

3, 677, 085

6, 465, 462

6,227

2,520

85014, 5412,0852,000

465695

1,816

775 5,

100400

300

230

1,523

192

2,3788

4576,289644

24, 416

"61~443'

572

157, 879

42

550

"l,"080"

3175

3,760

40"

19,461

190,158 i 43,613 2,091,514

9,6596,9201,818

16, 5315,84312, 55416, 39424,4385,044

7,79257,5997,306

74, 476

40,00643,17224,2547,5201,9845,0075,0506,6065,532

48,0353,0609,7832,175463

6,3651,625

48, 789• 4,3101,9929,43613, 730

8,97352, 203206,9026,006

391,721811

5,899

1,531402407

7,4573,0275,6411,5415,1003,539873

3,6031,2753,2843,4133,2719,5819,1044,856917436

1,7441,980859873

17, 873179

3,892653911880673837

1,0101,4373,7861,2582,3432,4432,42815, 450

79524,152

6742,125

223,190

255, 699

364

604207

668

1,0921,476112

1,344228868

1,770649216

786459936

10,91437

1,379411075

374

1,2544,1748,419

6383,428

149,615

148, 325

387, 916

1322212991236010215

215732503503444019

349756

3,05551

2,68030714

1,31916715044762467981203113

1,711149281

2,058393

2,212228

1,977465138

1,04418153

33,500

43, 687

17,9267,3442,23727,6378,99321,84719,09945,98711,5416,31412,73761,26511,83181,48912,50450,80460,87732,8148,9345,1006,8598,3589,3836,608

79, 8753,32015,8163,3362,5577,5232,41154, 0895,4775,42125,74324,44432,64411,69257,249250, 8366,953

491, 7351,503

2,425,044

3, 012, 587

12, 3959, 8X53,69256,86212.6509,30126,35964,72023,4645,17722,989298,93131,416175,38329,987154, 057147,11859,24018,6349,0929,98320,52632,92510,807188,14419,14681,6147,5703,62217,6372,610

105,3865,1083, 63131,43133, 89377.65122, 275118,890354, 3209,219

1, 073, 6192,74519, 260

4, 788,002

5,591.359

1 Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc. CO

CO


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call

MARCH 27,1929—Continued


Banks in—

COUNTRY BANKS

MaineNew HampshireVermont _ . _ _MassachusettsKhode Island ._Connecticut


New YorkNew Jersey.. _PennsylvaniaDelaware -Maryland

Total Eastern States „

Virginia- -West VirginiaNorth CarolinaSouth CarolinaGeorgia . «Flor ida . . . .Alabama .MississippiLouisiana.TexasArkansas

• -Demand deposits

Individualdeposits

subject tocheck

30,58830,47715,871

188,83323,394

126,393

415, 556

300,391287,298396,505

8,25120,629

1,013,084

82,38859,73348,42331,83026,96658,99859,25629,46033,698

273, 79232,428

Certifi^cates ofdeposit

7762,225

2463,024

7181,727

8,716

5,0264,7039,179

210

19,118

4,972304851193536121

1,104149648

6,9061,255

i ;<! State,«dunty,


1,5252,036

5299,6642,1177,952

23,823

55,05143,50841,043

9654,306

144, 873

6,0508,5868,8297,6241,539

10,6706,322

11,6343,752

53,9934,103

Otherdemanddeposits

2633

8531

3,293

4,467

2,6912,2056,012

5414

11,327

16969544

15570

• 24810028841

5271,616

Total

32,89135,37116,654

202,05226,229

139,365

452,562

363,159337,714452,739

9,22125,569

1,188, 402

93,57969,31858,14739,80229, 11170,03766,78241, 53138,139

335,21839,402

State,county,


42314657

1,013

561

2,200

5,0915,588

10,0536

1,828

22, 566

4,03096

2,8057,121

3524,425

6591,335

2566,884

326

Time deposits


and trustcompa-

nies

4317625

127

85

456

437337826

1,600

53

77155

2,47360

275

310

during year ended October

including postal savings

Other time deposits

Depositsevidenced

by sav-ings pass

books

92,26218,00740,131

198,28213,58488,443

450,709

601,027444,011771,684

9,16470,042

1,895,928

93,31756,41431, 97739,02015,10443,81640,65319,35316,30936,40217,716


3,3702,8351,'553

12,6851,695

12,466

34,604

49,39312,464

128, 798220

3,342

194,217

35,74421,05620,1097,1729,9366,9818,276

11,7443,116

23,63711,934

Timedeposits,


1,293630316

5,342133

2,052

9,766

8,6167,323

13,196356323

29,814

2,024658

1,21222825624336622085

2,698723


7224254

62440

761

1,793

481940

3,1183715

4,591

94413360

1,104388

3,3461446434

2,256467

81, 1929—Con. CC

Total

97,46322,03642,136

218,07315,452

104,368

499,528

665,045470,663927,675

9,78375,550

2,148,716

135,26278,63757,23454,70026,03661,28450,15832,99119,80072,18731,166

1Number Q

of savings haccounts *

O

181,854 S49,990 o83,517 t-i

439,322 t 4

13,887 H179,314 #

947,884 • O

1,154,7641,001,484 ^1,848,827 ffl

12,112 feJ120,313 ^

4,137,500 3

266,755 W164,757 H115,699 IZ{88,422 O53,626 *"<

107,85594,51240,39631,29585,24038,527


Kentucky . . .Tennessee ._


O Indiana§ Illinois 'o Michigan

Wisconsin _.co- Minnesota __'o Iowaj Missouri _

1 Total Middle Western States. .to01 North Dakota

South DakotaNebraska . __ __ . .KansasMontanaWyoming _ _ __ColoradoNew MexicoOklahoma _ . .


WashingtonOregonCaliforniaIdahoUtahNevadaArizona.. _

Total Pacific States _.


bpr banks)

Total (nonmember banks) _

Total country banks -.--

Total United States ~

68,83254,078

859, 882

172, 334104,157202 15875,09475,67366, 70771,80547,702

815, 630

24,22925,51936,04577, 80831,27313,49940,28316, 77999,290

364, 725

49, 48333,442

120,04616,4232,8466,158

18,850

247,248

2,100

2,202

4,302

3, 720, 427

9, 615,080

377104

17, 520

7,1642,0128,1182,6772,3796,5316,0941,299

36,21 i

2,5062,9165,2396,5603,039

9522,1661,2822,376

27,036

1, 3552,0693,094

91952

173115

7,777

13

420

433

116,874

153," 454

3,4486,972

133,522

42,05717,55522,34822,25622,96213,20314,9806,357

161, 718

8,0495,7353,476

13,3666,1214,3968,7644,083

24,578

78,568

25, 5617,150

15,7743,995

9421,2792,256

56,957

100

504

604

600,065

1,015,157

8421

4,058

1,5491,5681,0691,672

61782962439

7,967

18637649527018134

18623

703

2,454

345197

1,23710165

74

1,884

9

9

32,166

151,303

72, 74161,175

1,014, 982

223,104125,292233,693101,699101,63187,27093, 50355,397

1,021, 589

34,97034,54645,25598,00440,61418,88151,39922,167

126,947

472,783

76, 74442,858

140,15121,347

3? 8567,615

21,295

313,866

2,222

3,126

5,348

4,469, 532

10, 934,994

4321,497

30,218

7,270832

3,3683,7851,4122,385

62581

19,695

2,320508286198

557

739139

4, 256

8,508

594550

10, 56616614613

2,550

14,585

41

41

97,813

287,971

84686

4,767

323612112165

82037

1,277

1294

35

244

214

31

56

457

139

8,453

52, 066

32, 51532,463

475,059

140,02278,609

148,040137,19091,05874,22538,79015,950

723,884

12,6387,8995,600

10,49519,9367,969

21,9333,511

10,245

100,226

44, 72719,11890,19410,0834,6168,0016,707

183,446

1,372

430

1,802

3,831,054

5,922, 568

32,83832,041

224,584

67,05353,59180,10430, 65755, 35465,44956,06920,904

429,181

23,81918,02327,17930,37115, 3095,114

12,9933,839

22,614

159,261

9,9029,9209,1795,437

390423

1,606

36,857

184

128

312

1,079,016

1,334, 715

1,5682,121

12, 402

2,2482,9106,3841,3093,2552,1561,497

632

20,391

64969045293146

27136334

6,389

9,825

938542

6,42812520

22

8,075

90,273

478,189

7088

8,828

875932

2,170628617

3,6492,115

562

11, 548

1,8752,591

1631,4593, 5991,0691,170

9172,544

15, 387

2,21189044686348

243376

5,077

172

4

176

47,400

91,087

67, 50768,896

755,858

217,791137,486240,178173, 734151,704147,88498,57038,629

1,205,976

41,43029, 71533, 68043, 45438,93014,48037,1988,442

46,092

293,421

58,40331,020

116,86916, 6745,2208,725

11,268

248,179

1,769

562

2,331

5,154,009

8,166,596

75,027112,696

1,274,807

457,028256,905509 459389, 705357,963294,914145.35489', 240

2, 500, 568

52,84338, 11141,04075,01944,22321,16064,1408,974

44,896

390, 406

132,29663,158

216, 74129, 72513,7999,243

17, 829

482, 791

2,146

2,886

5,032

9, 738,988

15,330,347

1 Eepresents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.

o

CO


TABLE NO. 53,—Classification of demand and time deposits in national banks at date of each call during year ended October 31, 1929—Con.

JUNE 29, 1929


004

Banks in—


New YorkChicago



Boston...., _AlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh..Baltimore..WashingtonHichmondCharlotteAtlantaSavannahJacksonville. ___BirminghamNew OrleansDallasEl PasoFort Worth

Individualdepositssubject

to check

1,845,372349,024

2,194,396

374,69221,39220,747

1,848334,483222,333

56,36772,40919,1037,178

44,95326,24823, 61626,16720, 57264,52815 40935,093

Demand dep


12,547785

13, 332

1,7743796

1,020518

3337

72

531277

561082345

297367

State,county,

andmunici-pal de-posits

91,91137,572

129, 483

13, 51756,861

946236

31,16014, 4982,409

44,382

6062,257

5163,9603,4302,6943,6631,4774,751

asits

Otherdemanddeposits

96,4854,611

101,096

7,17426135

2,1283,579

2,567

18291

373

19612

207

Total

2,046,315391,992

2,438,307

397,15778, 55121,8242,084

368, 791240, 928

58, 78075,31723,4927,968

47,83227,04127,66929,70823,48568,24817,18340,418

State,county,


1,04837,928

38,976

5,777

67457111

1,157500

664,092

500853

5,67011

1,391

Deposits ofother banks andtrust companies

located i n -

UnitedStates

14, 55711,271

25,828

6017

1,316227

2,72440

2

324

1,375

Foreigncoun-tries

16,859

16,859

8,517

25


Other time deposits

Depositsevidencedby sav-

ings passbooks

232, 52720,167

252,694

114,4939,307

14,9953,297

84,89097,07927,42438,27312, 5013,250

29,77421,83119,25318,237

23,8266,425

14,644


18,9996,865

25,864

17, 555443292438

6,0298,707

7004,307

4923,300

712,5643,1531,0631,824

216753931

Timedeposits,

openaccounts;Christ-

massavings

accounts,etc.

127,87349, 556

177,429

29, 706

2581,240

26, 3207, 7773,5543,055

16439

2,048792137

447

1,840

342

Postalsavings

deposits

7,986774

8,760

2,4847

389

1,24868440

3321920

4716068866990

163334169

Total

419,849126, 561

546,410

178, 5929,774

15,9345,649

120,374114,48535, 62446,50713,1766,609

32, 36625, 85927,84519,8732,814

33,0907,523

17,477

Numberofsavingsaccounts *

692,91089,476

782, 386

256,0764,325

52,97710, 739

198,177131,01145,02784,47529,20919,410

126, 63667,93179,37243,840

52, 72717,19235,695


GalvestonHoustonSan Antonio .WacoLdttle Rocklouisville _MemphislâshvilleCincinnati _ClevelandColumbusToledoIndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolis _St PaulCedar RapidsDes MoinesDubuqueSioux City_Kansas City, MoSt. JosephSt. Louis.._Lincoln..OmahaKansas City, KansTopekaWichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsa...SeattleSpokanePortland2x>s AngelesOaklandSan FranciscoOgdenSalt Lake City



5,97262,46528,8477,6441,441

30,8518, 712 '

22,12136, 78827,94536,182

5,01244,45532,64411,758

138,0897,102

77,95080,97544,485•6,899

20,2932,9468,681

64,5967,164

124, 56811, 52045,320

3,7669,602

17,0132,620

63,0646,5753,993

32, 59553, 75960, 6669,039

44, 350221, 379

14,064281,332

3,28415,804

3, 233,468

5,427,864

4141,022

431129

19745

13649573767

134

5369

27522

420

191210640399

4,297261

1,726256820252401207101361133

628947436

1540

1,025250

1,60474

331

27, 630

40, 962

1,1438,4452,5582,427

5203,424

2,3736,0208,101

10,247

6,5551,6083,061

10,3031,3765,897

13, 28811,976

7683,389

3581,1582,956

7458,8084,3205,7002, 5516,2944,537

5435,410

5451,369

10,33910,2828,0891,7066,278

20,6754,0159,560

2362,089

369,409

498,892

71793

1159

662

70148

377^45461

118358198194512059

337

39328

34

1,615

164

1479930

1,400265337

13,158644

2,403

12

41,144

142,240

7,52972,64931,92910,3151,970

34,2949,457

24, 57343,45937,32047,244

5,02551,01435,16514,873

149,1288,500

83,96595,04156, 6598,052

23,9433,964

10,29772,1868,170

135,49516,12451,8436,573

17,91221, 757

3,26468,999

7,2535,509

43, 66165,01870, 59111,01151, 505

256, 23718,973

294,8993,594

18,236

3, 671, 651

6,109,958

219150

6,673

1,957

7,577650

14,1091,6991,000

359377

1,508

1701,177

53

6,250

50

2,26328

5545,3771,476

43,013

80,983

300

199, 245

238, 221

118 .42

250

550

954 __

100280

8,400

22050

400 _

684

344

179

5,500

3

12,42333,13710,043

7,1181,707

12, 7785,983

13,95715,98424, 5354,2613,3018,062

60,0287,485

76,4245,630

39,82242,05824,199

7,4053,8155,1675,0596,7735,631

37,0213,8069,6432.149

5186,2251,686

43, 7824,5012,143

11, 07814, 76327,9478,995

54,301383, 312

5,365416,631

8296,031

23,664 8,542 2,023,010

49,492 25,401 2, 275, 704

3523.0121,399

370391

6,2372,7336,2081,2183,9473,264

6373,9291,1514,8944,7501,7479,729

10, 7824 442'863

9311,6001,9861,096

84613, 731

4644,074

6271,007

670628

1,002979

1,0833,781

5412,1672,1232,369

20, 338619

• 24,859636

1,370

214,420

240,284

50226150

42387

894282

2,994592

1,1182,080

167473235

1 1581,8381 241

208318866

62460

4,80755

1,442711789

589

1, 5915,096

10,045

78616

4,61623

12, 710

629

134,801

312, 230

4899

119221388

10953

10214

19974

243355

36352

3354657

2 79939

2,84830

6221,306

156326

52865441944206117

1,614146256

1,919351

2,130203

1, 950448117

1,02813

145

32,022

40,782

13,09236, 74218,426

7,5102,153

21,6978,825

28,68918,24145,64910,9695 012

13,35264,07313,23983, 507

7,61551 23364,91232 6818,7357,7286,8858,1339,7996,693

62, 8194,377

16,0243,3382,4867 1902,431

49,2505,6545,627

27, 25127,17632, 58811,39959, 236

451,9066,124

541,7111,4788,478

2, 635, 704

3,182,114

19,60484 13113,0209,9425 746

41,9485,350

36 31426,49065,40822,813

5 41824,035

309,14327,460

194, 95213,172

151 780145, 79259 07618, 59015, 62610 11722,80334, 52610 997

137, 61722, 08581,121

7,6403,624

18 9842 651

104,6825 2223, 755

33,05634,07977, 78122,409

125,387577,941

9,7361,180, 845

2, 65820,476

5,100,821

5, 883, 207

* Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 31, 1929—Con. COJUNE 29, 1929—Continued 00


Banks in—

Demand deposits

Individualdepositssubjectto check


State,county,


Otherdemanddeposits

Total


State,county,

andmunici-pa Ide-posits


located in—

UnitedStates

Foreign ecoun-tries

Other time deposits

Depositsividencedby sav-

ings passbooks


Timedeposits,

openaccounts;Christ-

massavings

accounts,etc.


TotalNumberof savingsaccounts l

COUNTRY BANKS

Maine- __New HampshireVermont J.MassachusettsRhode IslandConnecticut

Total New England State:

New York..New JerseyPennsylvaniaDelawareMaryland _


Virginia. _West VirginiaNorth CarolinaSouth CarolinaGeorgia.FloridaAlabamaMississippi.. _ _.

28,34931,10017,133

386,89822,489

133, 602

7821,852

1962,752

4871,696

2,0771,716

2767,366

5856,249

60310

84910

3,196

31, 20935,27117,615

197,86523, 571

144, 743

4437356

972

227

" 6 5 *

425 85

87, 55417,98240, 558

197, 21813, 68185,126

2,6432,2551,65310,1661,66411,240

413833426

6,868227

1,627

692365060434724

91,12221, 60642, 743215,89315, 60699, 227

165,41750, 77283,953

458, 56713, 321182,639

419, 571 7,765 18,269 4,6 450, 273 1,969 442,119 29, 621 10,394 1,717 486,197 954,669

304,805284, 322391,6078,16520,647

3,9162,0416,341

548

369,423355,033447,5118,70226,322

8,8807,3309,187

81,780

343553410

598, 792443,828766,7619,22869,584

46, 95313,977

127,092217

3,423

12,35911,13215,841

72933

516912

2,9644115

667, 937477, 732922,2559,56675, 735

1,152,1301,001, 7921,661,108

12,005121,214

12,351 1,206,991 27,185 1,306 94 191,662 40,337 4,448 2,153, 225 3,948,249

82,74261,29544,42629,69524,63142, 53951, 06626,485

3,83832684167550108966148

4,9779,0498,5324,8981,032

10,4424,9968,337

182859672577345243265

91,73971,52953,86634,68526,290

57,27135,235

3,64960

2,3826,094271

4,762954994

732236231

92850250

92,42555, 78431,67138,40614,97341,14540,93720,572

36,44520,49219,3846,6949,3807,0567,98710,460

3,4381,055'408955749580653

1,194

97

1,103424

3,54514461

136,12777,95954, 59653,28325, 79758, 01650, 72533, 531

254, 846164,467114, 73181, 63353,94198,985102, 63946,194


Louisiana"TexasArkansasKentuckyTennessee _ _


OhioIndianaIllinoisMichiganWisconsinjMLinnesotaIowaMissouri

Total Middle Western States _

North DakotaSouth DakotaNebraskaKansasMôntanaWvominffColoradoNew ]VIexicoOklahoma


WashingtonOregonCaliforniaIdahoUtahNevadaArizona - - -


\laska ''nonrneinber banks)The Territory of Hawaii (nonmem-

ber banks)

Total (nonmember banks),..

T otal country banks

Total United States

33,419255, 732

29,34464, 39953, 715

799,488

173, 378103, 996202,211

78,16379,15367,06168,10147, 687

819, 750

23, 40325, 30833, 29175,95228 30013, 53938, 77315, 56788, 234

342,367

51, 64933 223

120 82315 5372,7556,810

16, 828

247, 625

2,301

2,565

4,866

3, 643, 213

9, 071, 077

6597,3071,029

37884

16,301

6,1932,0187,3732,6482,3046,0535,4991,277

33, 365

2,4952^6,745,0505. 6732,709

9752,6411,3822,416

26,015

1,7072 3792,720

77161

22670

7,934

12

170

182

108,145

149,107

4,27240,820

8,1833, 6146,143

115, 295

36, 87126, 27125,69816, 51015,86120,38913, 7746,149

161, 523

4,5207,4915,456

17, 4017,2164,4395, 5705,237

26, 599

83,929

20, 9929,117

17,9495, 228

7161,4341,963

57,399

98

331

429

605,355

1,104,247

171, 715

478135261

4,669

2.6651,7301,1721,457

4811,509

947127

10,088

16071

54126737632

37042

1, 956

3, 815

293362

1,163122195

37

2,001

5

5

37, 597

179,837

38, 367305,574

39, 03468, 52660, 203

935, 753

219,107134, 015236, 454

98, 77897, 79995, 01288,32155, 240

1,024, 726

30, 57835, 54444, 33899, 29338,60118, 98547,35422, 228

119, 205

456,126

74, 64145,081

142,65521,658

3,5518,475

18,898

314,959

2,416

3,066

5,482

4,394,310

10, 504,268

2285,386

280495

5,310

30, 865

7,977780

3,1324,4021,2282, 252

471,711

21, 529

2, 508527624177

457

690184

4,285

9,056

516773

11,657260105

32,312

15,626

42

42

106,272

344,493

342

269319

2, 646

1204451186426

28

801

1054

10

11

130

6

' 26

5

37

5,297

54, 789

12

12

1

1,149

1,150

1, 256

26, 657

15, 69635, 74716, 96633, 05633, 658

471, 036

136,85278, 713

146, 678135, 27396, 75474,10940,40715,114

723, 900

12,1277,9975,476

10, 70120,411

7,85722,1213,623

10,327

100, 640

44, 63019, 22892,64010, 2284,2827,9957,183

186,186

1,448

411

1,859

3, 813,933

6,089,637

3,32624, 31110,09632, 78329, 786

218, 200

64,28154,12780, 08828,17551, 85865, 09555, 59920, 273

419,496

22, 64318, 07927,01229, 20614, 9224,965

13,1773,496

22, 256

155,756

9,4008,9259,3415,221

703367

1,407

35,364

194

370

564

1,050, 663

1, 290,947

1702,6882,0311,6622,156

17, 739

3,4962,3207,2854,4712,8921,605

755683

23, 507

635401

1,2461,240

4658

21266

6, 484

10,388

755606

5,882130

35

7,408

109, 773

422,003

332,308

4786986

9,283

882964

2,112597596

3,8262,013

574

11, 564

1,9542,910

1961,4533,4541,1711,129

8752,503

15, 645

2,15392540585046

234351

4,964

162

4

166

47, 787

88, 569

19,45370, 79429,85168, 33471, 315

749, 781

213,608137, 350239,413172 982153,354146, 88798,84939, 504

1, 201,947

39,97229, 91834, 55442, 78738, 83714,10837, 329

8,24445,866

291, 615

57,46030 457

119,95116,6895,1368,599

11,293

249, 585

1,846

785

2,631

5,134,981

8,317, 095

31,70083, 99738,76676, 028

109,946

1,257,873

442,893259,641512, 663384 740360, 207290, 876151,49089,449

2,491, 959

51, 00338,28341, 88872,66844, 90121,49265, 25111, 62245, 618

392, 726

133, 58764 573

224, 83829 94514,1289,367

17,075

493,513

2,542

2,601

5,143

9,544,132

15, 427,339

1 Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 31, 1929—Con.OCTOBER 4, 1929


Banks in—


New YorkChicago



BostonBrooklyn and BronxBuffaloPhiladelphiaPittsburgh _ _Baltimore..- _ _ _ _ _ _Washington ._,Richmond. _Charlotte. ._AtlantaSavannah _Jacksonville-Birmingham.. _ .New OrleansDallasEl PasoFort Worth

Demand deposits


to check

1,834,961376,875

2, 211,836

385,94819,6012,480

319, 218225,54556,47875, 61519, 6237,133

48,08927,91124,02429,66420,30168,59515,97535, 657


11,739859

12, 598

1,101225

1,185328

4160

72

49627456

1031567

285292

State,county,


36,34523,593

59,938

31,5761,157

13615,11912, 5884,699

393,557

6791,140

4083,1823,1672,1852,3861,4324,946

Otherdemanddeposits

96,6231,175

97,798

3,8471

4,4813,531

201,909

11568

653

54936

305

Total

1,979,668402, 502

2,382,170

422,47220,9842,616

340,003241,99261,20177,72323,1877,929

49,79328,59327,32732,93723,05071,08417,69241,200


State,county,


6,03243,784

49, 816

1,650275689885

42,182

500

214214

3,736500343

3,35226

1,279 1


located in—

UnitedStates

38,30512,018

50,323

68

68795313

3,20140

28310

848

Foreigncoun-tries

20,475

20,475

9,521

Other time deposits

Depositsevidenced

by sav-ings pass

books

238,49919,211

257,710

114,58110,8548,137

82, 56990,64627, 35138, 31812,5443,387

27,74620,40715,78917,028

23,2056,148

13,963


22,82312,423

35,246

18,881320326

5,7428,825

8634,652

5863,395

1302,2472,718

4881,318

245640

1,236

Timedeposits,

openaccounts;

Christ-mas

savingsaccounts,

etc.

173,86643,522

217,388

38,030278

1,60124, 3675,2053,4345,321

23155

2,064724172

550

1,675

347

Postalsavings

deposits

7,995744

8,739

2,599265

1,25865052

3391926

545629

1,94212184

166325159

Total

507,995131,702

639,697

185,33011,9925,821

115,616105, 64337,08349,17013,3806,863

30,70124,30424,36718,1421,795

29,4917,139

16,984

Numberof savingsaccounts l

777,62591,212

868,837

260,94339,84611, 765

190,928133,16846,78383,93229,49719,429

128,56867,77779,41244,479

54,94418,67237,023


Galvestou.-.-Houston.. .

WacoLittle RockLouisville - -MemphisNashvilleCincinnatiClevslandColumbus . _ .ToledoIndianapolis -ChicagoPeoriaDetroitGrand Rapids _

M in neapolisSt PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmaha _Kansas City, KansTopekaWichita. __HelenaDenverPuebloMuskogeeOklahoma CityTulsaSeattle.SpokanePortlandLos AngelesOaklandSan Francisco _ -.OgdenSalt Lake City._



7,06059,07424 0279,9301,627

34,89319,99622,02138,40626,96236,2484,127

44,67033,83311,979

146,3127,211

77,27389, 50749,8257,082

21,6652,8319,255

65,9887,703

108,75212,20743,9403,4079,841

18,1243 097

66,2725,7534,142

35,06553,13564,18511,05548,833

226,06214,695

307,1823,941

15,959

3,297,009

5, 508,845

841,210

405159

19669

13357306717

114

5539

27618

455

518141624357

4,453259

1,230160961235394218101415137

500198369

9442459

801,180

70337

23, 712

36, 310

5545,6972,8941,949

2732,5753,2052,8524,6277,889

14,163

3,646754

2,1234,5825,341

10,9588,3929,5901,0633,164

2971,2892,541

7845,0383,2836,5801,1921,6762,260

2976,559

7961,3797,3779,3333,9361,0694,274

14,0962,9605,338

2131,680

268,934

328,872

21886125120

11

1585

1,1003

25736

746

44685

189189292

166

313

150

3

2

143

13410021

1,147290277

7,977443

1,538

13

32, 217

130, 015

7,71966, 86727 45112,1581,911

37,48723,87025,04443,39536, 25751,1314,138

48,32035,39714,147

151,91612, 57088,67798,43959,6048,852

25,2623,753

10,96773,2958,746

115,17015, 65051,4844,834

11,91120,6043,495

73,3896,6865,655

43,04262, 68769, 63712,42353,826

248,59418,178

315,2384,224

17,989

3,621,872

6,004,042

1003 775

2,1671,7063,825

90015,0312,8891,500

300454456

128990

13

3,550

L64532

4745,444

786

537,891

69, 713

100

169, 723

219, 539

131

100222

551

100280

6,150

22522

550

516

355

185

7,631

21,951

72, 274

9, 521

29,996

13,11432,4479 4296,8011,578

12, 26610, 59312, 82215, 47923, 8704,7992,9137,908

57,9927,333

73, 9085,619

39, 04741, 29623,3536,8588,6854,9285,0826,7465,089

35, 2263,5089,8682,215

4556,3001,507

43,8194,2572,108

11, 70913,89127, 6898,763

54,044369, 543

5,289393, 758

7846,078

1,948, 439

2, 206,149

6082, 980

734359442

13, 7034,9066,3251,2043,4023,623

5963,7651,3605,1034,7461,4699,6918,3696,078

8691,9101,5912,0211,135

79111, 648

4573,716

585777699557941954858

3,4991,3752,4892,0072,350

18, 498784

23, 508565

2,050

218, 709

253, 955

50295

58501408874385

1,860668

1,5802,680

241667337

1,7982,8661,803

256449371

84284

4,98778

2,85210022

134

797.

1,8214,849

12,001125102617

3,82331

12, 328

148, 687

364, 075

499192211588

217519114

18069

245349

40350

3357643

2, 95435

2, 78631

6231,302

153254

571,081

421914214112

1,534141257

1,811383

2,116231

2,197491112

1,03816

135

33, 543

42, 282

13,82136, 04414 0307,1812,093

28,82518,05223,89718,06444,22812,1595,078

13,49862, 78133,45180,1277,428

51,02160,31434,1888,243

13,4606,6438,347

10,0256,117

56,1814,100

17, 5173,3212,1687,3472 176

• 48,7365,3845,518

27,31228,43632, 77411,10359, 213

430,4316,216

507,9761,3658,363

2, 548, 573

3,188,270

19,09077,77010 72510,0033,703

42,25535,77737,84526, 59265,67824,0355,454

24, 501314,92328,085

193,80621,902

152,316146,456

59, 27518, 75532, 97910, 26324, 00333, 92010, 650

127,43722, 04884, 811

7, 7863 691

16, 9462,628

105, 2874,9643,827

33, 66235,03377,98921,649

126,001570,101

10, 7301,025,477

2,63819, 213

4, 979.845

5, 848, 682

i Represents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.


TABLE NO. 53.—Classification of demand and time deposits in national banks at date of each call during year ended October 81, 1929—Con.OCTOBER 4, 1929—Continued


Banks in—

COUNTRY BANKS

Maine _New HampshireVermontMassachusetts __Rhode Island-..Connecticut. . .

Total New England States...

New YorkNew JerseyPennsylvania __DelawareMaryland -


Virginia.._West VirginiaNorth Carolina.South CarolinaGeorgia „__Florida _.Alabama. __.,Mississippi

Demand deposits


to check

32,99635,42118,248

199, 23023,415

131, 614

440, 924

346,992299,919403,823

8,82023,057

1,082, 611

86, 38562, 31934,40030,18726,88637,78358,56130,694 j


6651,806

2393,153

3601,592

7,815

5,0333,7057,046

25128

15, 937

3,57028831265

50150

968148

State,county,


2,5242,150

8779,072

917,321

22,035

89, 70539, 53356,072

7317,551

193, 592

5,2075,9044,0464,415

9209,3993,6225,684

Otherdemanddeposits

1261212

56226

3,218

4,442

4,7282,3585,355

47441

12, 956

628714343668

24085

291

Total

36,19739,98919,376

212,01723,892

143, 745

475. 216

446,458345, 515472,296

10,05030,777

1, 305,096

95,79069, 22538,79234, 70328,37547,47263,23636,817


State,county,


48621

1971,138

503

2,345

8,42811,05410, 210

92,326

32,027

3,56747

2,3324,414

2943,487

796872


located in—

"UnitedStates

227

82

25

334

343436383

586

1,748

68

71106

1,287150225

Foreigncoun-tries

Other time deposits

Depositsevidencedby sav-

ings passbooks

87,38818,44140,135

197, 70713,27173, 517

430,459

601, 539448, 703757,937

9,05769,021

1,886, 257

91, 56854,91124,14137, 73415,43032,20839,17520, 622


3,2522,4181,716

10,6022,336

10, 473

30, 797

51,94513, 687

125, 227225

3,429

194, 513

34,96219,52917,4695,9579,8195,6338,486

11,209 1

Timedeposits,

open <accounts;

Christ-mas

savingsaccounts,

etc.

592985561

8,800326

4,653

15,917

16,29515,08919, 587

1041,848

52,923

2,6011,148

259585508

1,3351,061

468,


7323449

60938

603

1,606

6291,0753,183

3715

4, 939

343741419

1,131599

6,16111667

Total

91, 79122,32642,658

218, 93815,97189, 774

481,458

679,179490,044916, 527

9,43277, 225

2,172, 407

133,10976, 37644, 69149,92726,65050,11149,78433,463

Numberofsavingsaccounts *

164,94953,63384,520

461, 83913,804

172,378

951,123

1,161,8801,019, 5361,666,880

12,112121, 310

3,981, 718

252,039166, 85392, 61585,68458 82691,869

105,19948,564


Louisi&nsiTexas _ „ArkansasKentuckyTennessee


Ohio -IndianaIllinoisMlichisanWisconsinIVTi nnesotaIowa - - - -Missouri


Nor t t i TDakotSiSouth DakotaNpbraskaKansasMôntana"WvomincColoradoMow TVTexicoOklahoma


"WashingtonOregonCaliforniaIdahoUtahNevadaArizona



ber bank) ._ _..


Total country banks _ ._

Total United States

35 297286,383

31, 51361 42653,751

835,585

169,134109,992206,082

80,14081,75072,49569,47148,440

837,504

32,40229, 22635, 78083,94634, 76116,02941,89216, 52196, 460

387,017

58, 70240,482

134,04618, 7162,9127,965

15,468

278, 291

2,491

9,635

12,126

3, 874,058

9, 382, 903

6337,0391,038

38253

15,047

5,7331,7347,8122,6262,4255 7045,399

993

32,426

2,9342,6674,7695, 2562,561

9392,5291 2291,981

24, 865

1,6342,1462,273

89549

219105

7,321

12

535

547

103, 958

140, 268

4 06933,177

6,3093 1586,761

92,671

37, 30118,36719,37415,63310,05310,93517,8894,384

133, 936

4,0415,4894,000

12,4084,7813,5227,5723 296

22,875

67,984

15,4726,034

13, 6853,268

6151,2741,866

42, 214

242

963

1,205

553, 637

882, 509

51841129814

3,202

1,1131,5151,0941,370

3503,061

743130

7,376

12126943332419625

259100487

2,214

376291

1,245180172

10

2,121

6

6

32,317

162, 332

40 0.50327, 440

38, 98965,04760, 569

946, 505

213, 281131, 608234,362

99, 76994, 57890,19593,50253,947

1,011, 242

39,49837, 65144,982

101,93442,29920,51552, 25221,146

121,803

482, 080

76,18448,953

151, 24923,059

3, 5939,460

17,449

329,947

2,751

11,133

13, 884

4, 563, 970

10, 568, 012

2975,187

327585

2?489

24, 694

9,148918

3,4013,642

4182,111

481,225

20,911

2,093486760262

376

689167

4,291

8,827

5421,096

11, 935255103

132,256

16,200

5

1,417

1, 422

106,426

325, 965

160

336282

2,685

401353

604266

3915

976

95

20

11

126

32

25

57

5,926

78, 200

12

12

2

2

14

30,010

15,46336,13917, 78933,17432,144

450,498

128,07577,300

145, 769138, 63295, 27273,81138,05716,067

712,983

12,0837,8445,507

10, 35418,9007,551

21,0053,5679,625

96, 436

45,15719, 28691, 83610,0303,7168,0177,079

185,121

1,554

8,843

10, 397

3, 772,151

5,978, 300

3,38625,03210,67532, 39329, 783

214, 333

60, 73653,40577,55731,45951,16063, 86154,82619, 535

412, 539

21, 73118,08928,02029, 20613,9814,884

12, 8733,578

21,542

153, 904

9,3599, 2669,6794,9851,214

2991,259

36,061

208

1,634

1,842

1, 043, 989

1, 297,944

1853,018

806997

2,480

15,451

4,8583,258

10, 7823,3702,6342,1501,9231,503

30,478

655304559

1,8268769

25242

7,236

11,030

510485

5,536147

4

61

6,743

379

379

132, 921

496,996

352,352

4936690

12, 613

885974

2,129580592

3,8621,941

595

11, 558

2,2062,993

2401,5163, 3521,1211,096

8792,591

15, 994

2,1221.145

42283544

250344

5,162

166

16

182

52, 054

94, 336

19, 36671.90030,09067,55167, 268

720, 286

204,103136, 210239,698177, 725150,142145, 79596,83438,940

1,189, 447

38, 86329, 71635,08643,16436,34313, 70135,915

8,23345, 296

286, 317

57, 72231, 278

119,43316,2525,0818,579

10,999

249, 344

1,933

12, 289

14, 222

5,113,481

8, 301, 751

32, 26585,56443, 31376,076

108,607

1, 247,474

425, 636260, 362520, 329381, 888359, 613296, 777151,14590,832

2,486, 582

54, 78038, 24741, 83071,17944,87320, 27063,93011, 57747,178

393, 864

129, 36268, 605

225,06130,03115,0629,463

17,891

495,475

2,785

43,261

46,046

9, 602, 282

15,450, 964

i Kepresents only deposits evidenced by savings pass books, and does not include Christmas savings accounts, etc.



TABLE NO. 54.—Classification of bills payable and rediscounts of national banksat date of each call during year ended October 31, 1929

DECEMBER 31, 1928


Banks in—


New YorkChicago _

Total central reserve cities..OTHER RESERVE CITIES

BostonAlbanyBrooklyn and Bronx_ _BuffaloPhiladelphiaPittsburghBaltimoreWashington ». . .RichmondCharlotteAtlanta __Savannah __JacksonvilleBirminghamNew OrleansDallasEl Paso __Fort WorthGalvestonHouston _ . _San Antonio _Waco. _ _ _ _Little Rock _LouisvilleMemphisNashville.CincinnatiCleveland _ColumbusToledo-IndianapolisCMcago___PeoriaDetroit..Grand Rapids._MilwaukeeMinneapolisSt. PaulCedar RapidsDes Moines _ ._Dubuque _Sioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, Kans.._TopekaWichita_Helena _ .DenverPuebloMuskogeeOklahoma City.Tulsa-_ _Seattle _SpokanePortland

Bills payable

Advances receivedon reportingbanks' own prom-issory notes

FromFederalreservebanks

257,75019,767

277,517

5,8601,100

675379

18,34523,4726,3603,905

3751,515

4,2522,5353,475

300860

3,075925

7,660

1,2442,7953,2652,2901,500

1,095

7,500

6,4851,750

1,027

1,839

7,815

4,472

From otherbanks andtrust com-

panies

1,0001,000

300655770

1,000350440850

125

1751,100

537

50

50

265

Certifi-cates ofdepositissued

to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

Advancesreceivedon otherinstru-mentsgivenfor the

purposeof bor-rowingmoney

5,500

6,500

500

550

775

100

Rediscounts

Notes and bills re-discounted, in-cluding notes andbills sold underrepurchase agree-ment or with re-course to report-ing banks

WithFederalreservebanks

7,84730,51838, 365

28,690946

1,919343

2,5463,199

225566115370

24

400

5,323

1,100

3,4301,168

1,122

700

11,578155

437

9635,314

4723,618

174

748

With otherbanks,

trust com-panies, etc.

9,521

9,521

206

Totalbills

payableand re-

dis-counts

280,61851, 285

331, 903

35.0502; 3463,2491,492

22,44127,0217,800

. 5,321: 490

2,010

4,2762,5353,475

3001,2603,075

925

12, 983

2,3442,9707, 7953,9951,5001,1221,145

8,406

17,0631,955

1,729

9634,153

7,915472

8,090

174

748



TABLE NO. 54.—Classification of bills payable and rediscounts of national banksat date of each call during year ended October 31, 1929—Continued

DECEMBER 31,1928—Continued


Banks in—


Los Angeles -Oakland *San Francisco __OgdenSalt Lake City

Total other reserve cities - _ _

Total all reserve citiesCOUNTRY BANKS

MaineNew HampshireVermontMassachusettsRhode IsJandConnecticut


New YorkNew JerseyPennsylvaniaDelaware. . _ - .Maryland _

Total Eastern States _VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexasArkansas _Kentucky.Tennessee

Total Southern StatesOhioIndianaIllinois _MichiganWisconsinMinnesotaIowaMissouri


North DakotaSouth DakotaNebraskaKansas _MontanaWyomingColoradoNew MexicoOklahoma--


Bills payable

Advanc<onbanksissory


1,900

16,300

100

145,445

422,962

7121,351

3825,1861,2003,037

11,868

12, 31720,64020, 568

420744

54, 689

5,3352,8071,020

130317385

2,47343110083185

1,040112

15, 066

4,2272, 6674,1653,125

977185710260

16,316

15

1,0291,809

453

131

3,437

3S receivedreportingown prom-notes


panies

6,667

7,667

1,210600308

1,81260

1,640

5,630

5,4226,8335,292

1581,258

18, 9C3

1,288968

1,188173145

1, 058927632150372

62773907

8, 643

4,9002,1091,8762, 031

467517415

68

12, 383

9930

181150

5080

207

797


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

6536035

275

335

1,070

88

88

12

625

637

935

17

61

10

16

26

Advancesreceivedon otherinstru-ments •givenfor the


958

2,883

8,383

4879

632

759

131

II305

2

5

454

82

82

6

6

-Rediscounts



350

72,995

111, 360

1,124599998

2,284330

1, 636

6, 971

3,9876,2434,945

86393

15,654

5,1491,4002, 272

8971, 9411,9553,296

979686848122204

3,975

23, 724

3,8961,8782, 3541, 853

906433

1,420163

12,903

325'398

2,2481,186

141, 626

15307

6,119

With otherbanks,


206

9,727

1910

10050

179

278604301

86

1, 269

41129533

30177292154

156

7468

1,555

112322293264

1019

195

1, 215

4

4

Totalbills

payableand re-

dis-counts

1,900

17, 608

100

228,196

560,099

3,1112,9291,7339,6571, 6406,648

25, 718

22,14034, 39931, 738

6642, 481

91, 422

11,8135, 4355,0131,2002,4443,8806,9882,196

9372,121

2692,0915,692

50, 079

13, 2267,0118, 6887,2732,3601,1712,740

491

42, 960

449428

3,4583,167

642,163

15645

10, 389




DECEMBER 31, 1928—Continued


Banks in—

COUNTEY BANKS—continuedWashingtonOregonCalifornia . _IdahoUtah .NevadaArizona _. _

Total Pacific StatesAlaska (nonmember banks)The Territory of Hawaii (non-

jnpmbftr banks)Total (nonmember banks)Total country banksTotal United States

Bills payable



297283229

50

859

102, 235525,197


panies

29035

86930

2471,471

250250

48,13755, 804


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

257

10

267

2,1492,149

Advancesreceivedon otherinstru-mentsgivenfor thepurposeof bor-rowingmoney

2

2

1,3039,686

Rediscounts



176679551

24

1331,563

66, 934178, 294

With otherbanks,


1221S

230

4,45214,179

Totalbills

payableand re-

dis-counts

7631,0092,126

3084

3804,392

250250

225, 210785, 309

CENTRAL RESERVE CITIESNew YorkChicago

Total central reserve cities.OTHER RESERVE CITIES

Boston. _Albany... ._Brooklyn and Bronx ._.BuffaloPhiladelphia _PittsburghBaltimoreWashington . . . .Richmond-Charlotte.. - . _ .AtlantaSavannahJacksonville.. _BirminghamNew OrleansDallasEl Paso- _Fort WorthGalvestonHouston .__San Antonio .WacoLittle RockLouisvilleMemphis..NashvilleCincinnatiClevelandColumbusToledo.Indianapolis- . _ _Chicago...PeoriaDetroitGrand RapidsMilwaukee _Minneapolis

92,8001,229

94,029

13, 310

999284

41, 59724, 3076,5252,100

85335

3,870

5,120

860

1,400910

1,3001,000

1758,694

1,6233,130

9002,3731,100

840

21, 300

4,80010, 725

M A R C H

5003,0153,515

460820931450

700

150

1001,900

824500

350

27, 1929

150

37, 486

37, 486

325

1008,5308,630

7,673

3,10021

1,698953456243

619

1,476

806

4,761

1,650

360

6,971405

1,250228

11,379

11,852

11,852

157

250

70

142, 73812, 774

155,512

20, 983

4,5591,125

44, 37625, 8677,3063,043

851, 3543 870

6,596

860

2,206910

1,3001,000

17513,455

3,2733,2302,8003,5571,6006,9711,595

22, 620228

16,17910,725


REPORT OF THE COMPTROLLER OF THE CURRENCY 387TABLE NO. 54.—Classification of bills payable and rediscounts of national banks

at date of each call during year ended October 31, 1929—ContinuedMARCH 27, 1929—Continued


Banks in—


St PaulCedar RapidsDes MoinesDubuoueSioux CityKansas City, MoSt JosephSt LouisLincolnOmahaKansas City, KansTopekaWichitaHelenaDenverPueblo - . _MuskogeeOklahoma City _TulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City

Total other reserve cities.Total all reserve cities

COUNTRY BANKS

MiaineNew HampshireVermontMassachusettsRhode IslandConnecticut..

Total New England StatesNew YorkNew Jersey . . _ .PennsylvaniaDelawareMaryland

Total Eastern StatesVirginiaWest VirginiaNorth Carolina . .South CarolinaGeorgiaFlorida -AlabamaMississippiLouisianaTexas . . . .ArkansasKentucky.-:.Tennessee

Total Southern StatesOhioIndianaIllinois

Bills payable



360350

1,017750

7,450200

4,050280

750

100600

925

3254,450

68042, 650

75

224, 674

318, 703

8401,926

4049,8761,5803,622

18, 248

13, 67413, 39321, 376

450857

49, 750

6,0862,8381,254

951600405

2,24931452

1,468850

1,63290

18, 789

3,9324,2623,600


panies

" I ' " "„ _ .

7,185

10, 700

1,135917515

1,874

3,255

7,696

7,6759,7707,838

256850

26,389

1,922534

2,005574256

1,0501,040

230405

1,064194425602

10, 301

4,3302,4102,284


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed


i

150

150

1030045

1,315

125

1,795

20045

245

40

45

85

1010

325

37,811

27

27

22879

670

977

6310530

11

7

2

205

243

153

3

Rediscounts



516

4353,542

6,533

601

_

With otherbanks,


__

940159

357

338869515

58, 854

67, 484

913802843

2 520630

2,444

8,152

4,1446,8325,206

208433

16, 823

6.9111, 2623, 3541,1381, 7981,3404,3191, 3772,529

894189239

2,981

28, 331

5,0093,3052,829

150

627

12,479

95340

435

771997

73

896

20753

590

105322

150481

5948

2,015

308393259

Totalbills

payableand re-

dis-counts

360350516

4354,559

75013,983

2004,651

280

750

1001,540

159925357325

4,7881,549

43,315

75

291, 815

447, 327

2 8983,9721 807

15, 5852,3059,786

36, 353

25,72830, 99335, 232

9142,213

95, 080

15,1894,7927,2332,6632,6652,9007,9371,9213,1363,9491,2332,3753,771

59, 764

13, 73210, 3808,985Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis





Banks in—

COUNTRY BANKS—continuedMichiganWisconsin -]VLinn6SotaIowaMissouri—


North DakotaSouth Dakota _Nebraska - . .__. __KansasMontanaWyomingColoradoNew Mexico _ _»Oklahoma

Total Western StatesWashingtonOregon _CaliforniaIdahoUtahNevada _ _Arizona.. _

Total Pacific States..Alaska (nonmember banks)The Territory of Hawaii (non-

member banks)Total (nonmember banks)Total country banksTotal United States

Bills payable



2,9331,2081,054

516951

18,45615

870564

19075453

3252,771

157615

2,696

150

3,618

111,632430, 335


panies

1,839604309371389

12, 5361281044

1967

10010027

146758

23071

1,2802330

275

1,909

250

250

59,83970, 539


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

100

12

132

10

3

13

105

273

10

388

2,6582,808



24

180

2

14

16

1,44339, 254

Rediscounts



1,2261,174

3251,1421,045

16, 055453456

1,1919346764

73472

4684,439

2021,343

6618355

86

2,430

76, 230143, 714

With otherbanks,


202135

101

1,137

5

21

26

921072

174

4,68317,162

Totalbills

payableand re-

dis-counts

6,1183,0071,7592,1302,385

48,496606466

2,1051,699

77354

1,609152939

8,007786

2,0394,984

106259

361

8,535

250

250

256, 485703, 812

J U N E 29, 1929

CENTRAL RESERVE CITIESNew YorkChicago

Total central reserve citiesOTHER RESERVE CITIE3

Boston. . .AlbanyBrooklyn and BronxBuffalo..Philadelphia- _Pittsburgh . . .BaltimoreWashington.. - _RichmondCharlotte.AtlantaSavannahJacksonvilleBirminghamNew Orleans

148,328150

148,478

10, 590

812

24, 92112,1703,5753,430

450975

5,657704

4251,500

1,925

575

685500225800

200

350

300

70318, 825

19, 528

18,310

296

2,6011,230

109485

541

1 8642,537

10, 664

10, 664

75

160,12020, 475

180, 595

28,900

1,683

28,63213.9004,2094,715

4501,716

7,5213,241


EEPORT OF THE COMPTROLLER OF THE CURRENCY 389TABLE NO. 54.—Classification of bills payable and rediscounts of national banks

at date of each call during year ended October 31, 1929—ContinuedJUNE 29, 1929—Continued


Banks in—

OTHEJR RESERVE CITIES—COn.

Dallas _ - .El Paso .Fart WorthGalveston _ ._HoustonSan AntonioWaco _.Little RockLouisville _.MemphisNashville __.:CincinnatiCleveland--ColumbusToledoIndianapolisChicagoPoor iaDetroitGrand RapidsMilwaukee _MinneapolisSt. PaulCedar RapidsDes MoinesDubuque .Sioux CityKansas City, MoSt. JosephSt. LouisLincoln _OmahaKansas City, Kans-_TopekaWichitaHelena . -DenverPuebloMuskogee _Oklahoma CityTulsa .-SeattleSpokane _ _Portland-_ _Los AngelesOaklandSan FranciscoOgdenSalt Lake City ._

Total other reserve cities. _Total all reserve cities

COUNTRY BANKS

MaineNew HampshireVermontMassachusettsRhode IslandConnecticut . .

Total New England States-

Bills payable



1661,741

85300

1,150

2609,139

5001,4253, 750

5002, 325

950

424300

1,99a5,135

450690

1,304

5,619

5, 735250

350

1,335500700

3,2507,100

9,850

650

131,141

279, 619

1,3151,426

33111,0861,1154,009

19, 282


panies

400

500

350820310

85

3, 800

250

35

1,000

259

10, 794

12, 719

1,4831,025

8912,105

1, 535

7,039


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

100

100

100

60455

55615

310

1,495


275

267

1,192

Rediscounts



With otherbanks,


!

1, 692

500104

6,136

3, 575

2,144

2,026

94112, 450

625

2,156

6778,484

1,844

766

441

2,8282,755

463

40407683

79, 710

1,192 99, 238

2059

150200400

829

1,9461,3521,1393,0611,4411,954

10, 893

75

10, 739

652825

50135303

Totalbills

payableand re-

dis-counts

1003,833

85900

1,254

26015, 775

5005,0004,1001, 3204,779

9502,026

509300

3,800941

14, 4405,780

4502,846

67710, 038

7,773

6,501250

441

350

4,1634,255

700463

3,2507,140

40711, 059

650

223, 012

403,607

4,8894, 3452,441

17,0172,8068,343

39,841



TABLE N O . 54.—Classification of bills payable and rediscounts of national banksat date of each call during year ended October 31, 1929—Continued

JUNE 29, 1929—Continued


Banks in—

COUNTY BANKS—continued

New YorkNew JerseyPennsylvania _Delav/areMaryland _ _ .


VirginiaWest VirginiaNorth Carolina _South CarolinaGeorgiaFlorida.AlabamaMississippi.,Louisiana . . . _Texas.-.Arkansas _KentuckyTennessee

"'Total Southern States

OhioIndiana.._Illinois -Michigan..WisconsinMinnesotaIowa.Missouri

Total Middle WesternStates.._ .

North DakotaSouth DakotaNebraskaKansasMontanaWyoming _ .Colorado..New MexicoOklahoma


Washington.Oregon._ ._ _California „IdahoUtahNevadaArizona


Bills payable



13, 59113,85327,909

575820

56, 748

2, 7123,5081,872

67376910

3,24148993

2,322835

1,894354

18, 772

5,1672, 8633,3312,530

904504277

1,066

16, 642

346

47164310840

89445

594

3,141

419535

1,62760

200

2,841


panies

7,4845,915

11, 708324937

26, 368

2,6453,0433,088

480833178

1,704530675

2,321253

1,5991,039

18, 388

4,1241,8972,9402, 086

185247450548

12,477

17624

15212818535

30015

354

1,369

405119882

8610

1, 502


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

200

30

230

40

30

15

655

740

69

20

20

109

10

35

45

516

10

526


166679576

1,421

456825

6

28

17

505

244

97

205012

179

15

55

70

53

12

65

Rediscounts



5, 5546,3468,731

218563

21,412

9,8901,5448,1112,8183,4621 3147,2044,8831,4335 577' 371

1,4334,167

52, 207

3,9063,0283, 2411,3571,500

399914

1,595

15, 940

1,011613993

2,178803734538493

2,054

9, 417

7631,1631,561

346104

3,937

With otherbanks,


28560119

110

817

46325

80730

161

257220263323

57342

2,948

943172795717314133

1,364

5

34

167

72

278

195139128

462

Totalbills

payableand re-

dis-counts

26,82327,55349,043

1,1172,460

106,996

15, 7958,188

13,9034,0015,2311,502

12,4646,1222,464

10,5751,4595,0336,562

93,299

13,4578,1059,8116,5642,7121,1961,6543,212

46, 711

1,548637

1,6162,9831,146

8091,899

5533,129

14,320

1,7821,9564,767

492336

9,333


REPORT OF THE COMPTROLLER OP THE CURRENCY 391TABLE NO. 54.—Classification of bills payable and rediscounts of national banks

at date of each call during year ended October SI, 1929—ContinuedJUNE 29, 1929—Continued


Banks in—



member banks)


Total country banks

Total United States

Bills payable

Advances receivedon repor t ingbanks' own prom-issory notes


117,426

397,045


panies

400

400

67, 543

80, 262


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

3,145

3,245


purposeof boi-rowingmoney

2,808

4,000

Rediscounts



113,806

213,044

With otherbanks,


6,172

16,911

Totalbills

payableand re-

dis-counts

400

400

310,900

714, 507

OCTOBER 4, 1929


New YorkChicago _.

Total central reserve cities.


BostonBrooklyn and Bronx _

PhiladelphiaPittsburghBaltimoreWashingtonRichmondCharlotteAtlantaSavannahJacksonvilleB irminghamNew OrleansDallasEl PasoFort WorthGalvestonHoustonSan AntonioWacoLittle RockLouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukee-_ _

19,690919

20,609

9,220161

28,3877,5084,6752,367

220625775

500251

3,625740

5,100615

1, 5831,525

300

7,8004,9054, 5158,424

1,7001,180

500754400

5,050

640

8,8752,700

11, 575

250

828160643765110200

250500

40

1,000

2,10032577070

225

500

50

550

550

2,57740

145

300

1,00010, 300

11,300

13,32590

2,9592,204

595695

327

7,0375, 218

3671,588

1,03025887

1236,751

4,707

1,345800

3,820100

6,978

11,175

11,175

409

186

41,29013, 919

55, 209

25,122541

32, 31910, 2816,2133,827

3301,152

775

7,5375,4693,6251,3577,188

6152,6631,823

387123

15,5514,905

11, 3228,7492,1152,5701,1804,3201,079

4005,736

7,618

79003°—30Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


TABLE N O . 54.—Classification of bills payable and rediscounts of national banksat dale of each call during year ended October 31, 1929—Continued

OCTOBER 4, 1929—Continued


Banks in—


MinneapolisSt PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmaha.Kansas City, KansTopekaWichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsaSeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City


Total all reserve cities.

COUNTRY BANKS

MaineNew HampshireVermontMassachusettsRhode Island __.Connecticut


New York.New JerseyPennsylvania.DelawareMaryland


Virginia..West VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida

Bills payable



11,150690650500

1,326

3,257

8251, 655

300

120925

95960

2,912900

6009,600

59558, 236

550

199, 891

220,500

4721,170

5498,7331,1502,365

14, 439

8,59310, 73721, 566

255495

41, 646

2,2292,8002,074

8061,279

936


panies

25060

50

1,000

100

10,196

21, 771

705595590

1,11025

693

3,718

6,0974,503

10, 538165473

21, 776

1,6032,5343,272

478316844


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

50

50

1525520

510

100

900


125

950

436

4,573

5,123

823

115

200

103159611

873

7013540

6

Rediscounts



21,757500

1,000

9894,699

8,047

4,013

100

3174,671

30620

8,46320

115, 630

126, 930

1,856821834

3,083636

3,343

10, 573

3,2644,2776,807

108397

14, 853

9,1912,0645,6222,2981,7042,048

With otherbanks,


595

11, 770

285

53

86

8590

146

102

423

32122

8686

10432

Totalbills

payableand re-

dis-counts

32,9071,190

6501,625

9896,025

25011, 364

4,8381, 655

350100120

' 1,875

4125,6313,912

900

6009, 7301,215

67,13520

550

330, 935

386,144

3,0482,9512,001

13, 4361,9266,554

29, 916

18,14219,76639, 668

5281,467

79, 571

13, 4147,555

11, 8763,5883,4093,860


EEPOBT OF THE COMPTROLLER OF THE CURRENCY 393


OCTOBER 4, 1929—Continued


Banks in—


AlabamaMississippiLouisiana .Texas _ArkansasKentucky.. . _Tennessee...


Ohio _.IndianaIllinoisMichiganWisconsinMinnesotaIowaMissouri

Total ATiddle WesternStates...

North DakotaSouth Dakota.._NebraskaKansasMontana _WyomingColoradoNew MexicoOklahoma. _


Washington . . _ _Oregon._CaliforniaIdahoUtahNevada _Arizona



member bank)


Total country banks

Total United States

Bills payable

Advances receivedon reportingbanks' own prom-issorjr notes


1,82267285

2,7311,1831, 8361,093

19, 546

5,6803, 3783,7451,8031, 610

915279

1, 575

18, 985

122

538954

4

896326418

3, 258

8362436817

205

1, 369

99, 243

319, 743


panies

1, 5741,032

7472,018

4092,3331,467

18, 627

4,1002,5662,4041,874

308319532494

12, 597

13925

2411803752

312391474

1,851

44652

59118150

161,336

2,550

2,550

62, 455

84, 226


to otherbanks

and trustcom-

paniesfor

moneybor-

rowed

30

25

55

19

21

40

10

31

41

565

10

575

1,611

1,661



19

59

5

334

8925

105

219

15

35

50

21112

25

]Rediscounts



5,7564,3743, 0784,8571,6331,9065,178

49,709

4,9913,9392,4881,6102,032

935588710

17,293

428397

1,740728306401823621

1,779

7,223

393348266277111

1,395

I

1,701

6,824

101, 046

227, 976

With otherbanks,


9878857719549

263142

3,465

102267304274486646

1,107

4062

78

180

333048

111

5,372

17,142

Totalbills

payableand re-

dis-counts

9,2696, 8664,4879,8903, 2746,3387,910

91, 736

14, 98110,1759, 0465,5613, 9982,2561, 4452, 779

50, 241

699422

2, 5191,862

393493

2,0931,3382,784

12, 603

1,708673

1,540486388

16

4,811

2, 550

2,550

271, 428

657, 572



TABLE NO. 55.—Cash in vaults of national banks at date of each call during yearended October 31, 1929


Banks in—

Dec. 31, 1928

UnitedStatesgoldcoin

Goldcertifi-cates

Allother

cash invault

Totalcash

Mar. 27, 1929


Goldcertifi-cates

Allother

cash invault

Total


New York.Chicago

875151



BostonAlbanyBrooklyn and BronxBuffaloPhiladelphiaPittsburgh _Baltimore _Washington..KichmondCharlotteAtlantaSavannahJacksonville _Birmingham _New OrleansDallas.El Paso _Fort Worth _GalvestonHoustonSan AntonioWacoLittle RockLouisville ._MemphisNashvilleCincinnati _Cleveland..Columbus __Toledo. _IndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukee.Minneapolis. _ _ _ .St. PaulCedar Rapids...Des MoinesDubuque _Sioux CityKansas City, Mo.. _St. Joseph. _St. Louis _LincolnOmahaKansas City, KansTopekaWichitaHelena _ __Denver _Pueblo. __Muskogee _ _Oklahoma CityTulsaSeattle....SpokanePortland _Los Angeles _ _Oakland _San Francisco..Ogden.Salt Lake City


Total all reserve cities..

1,026

147195017

26110837776627222724635383726483663373142812622

30811031301886323311219192327567

22475185

7646283131245

345515

153716

3,857

5,8961,195

21, 3936,041

28,1647,387

404114

5,438646

20, 8724,307

7,091 27,434 35, 551 518 6,084 25,179

5558548754

42758343

1,99387185857294284415759422261512812433682712513

49948191170128306197637097431081116113113872948571

3474526532051071532

1,58382

5,637747845350

7,3944,6501,7821,373229128

1,0791,928984775428

1,421593

1,065567

1,89290153333

814245532

1,118610

1,489135

2,3302,085593

2,401780

2,3391,6381,783374657209513

1,415575

2,21942288514232448299

1,657392226794

1,0242,050426

1,1286,129302

7,625156242

6,339851

1,382421

5,3411,8623,443

243141

1,1242,0081,068828438

1,484675

1,117668

2,034959565

51979372579

1,214649

1,676150

3,1372,676

7152,601

9262,7311,8671,879

455775261640

1,549663

2,406442994175447557105

2,768499260878

1,2602,181

4461,1947,068

3769,361

171260

8267

1675215595320221925718174532562512418312912388

33110143331070214682316153027191230576236

7786851923353

455334

16910

4012763143552825332

1,801

167073375

2730178212320275

1369236846311216

480417862789726032954742735290106438916904427743

350212963113110

4527511

28074

4,115862718282

8,3884,8441,7561,261246119780

1,329959999372

1,185586

1,192527

2,02392849359695275565

1,048686

1,372267

2,2961,703627

2,798741

2,0931,5931,350345716175625

1, 543553

1,907386910163462542111

1,523471192662

1,1331,666575

1,3405,427350

8,324169238

10,916 84, 693 99,466 3,487 9,016 82, 640

26,7145,067

31,781

4,6141,1461,058324

9,0835,1491,8033,121257131816

1,4211, 0511,061384

1,230633

1,254641

2,2029735326884937Q613

1,141761

1, 522291

3,1072,221756

3,109848

2,4231,9431,450427

1,012243730

1,679623

2,015414

1,030212565630120

2,651560226744

1,2691,811578

1,4306, 235365

8,773186250

95,143

4,883 18,007 112,127 135,017 4,005 15,100 107, 819 126,924



TABLE N O . 55.—Cash in vaults of national banks at date of each call during yearended October 81, 1929—Continued


Banks in—

COUNTRY BANKS

Maine __ - _. _New HampshireVermont _ _Massachusetts __Rhode IslandConnecticut


New^York _ .New JerseyPennsylvaniaDelaware. _Maryland _


VirginiaWest VirginiaNorth Carolina-South CarolinaGeorgiaFlorida ._..AlabamaMississippi . _ _ _ -LouisianaTexas .ArkansasKentuckyTennessee


OhioIndiana -_ - -IllinoisMichigan _Wisconsin _MinnesotaIowa _ _ _ _ __ _Missouri

Total Middle Western States__

North Dakota _ _.South DakotaNebraskaKansasMontana. _ _ ._WyomingColoradoNew MexicoOklahoma


WashingtonOregonCaliforniaIdahoUtahNevada _ . .Arizona—-



banks) _


Total country banks

Total United States


8610164

42376

231

981

773821

1,6762891

3, 389

2741681385281

1302525148

48155

204185

2,119

432450698316298298368176

3,036

7556

15224211593

27735

132

1,177

21631721254183152

900

84

5

89

11, 691

16,574

Dec . 3

Goldcertifi-cates

188236119

1,447161

1,163

3,314

3,6683,1522,939

56199

10, 014

48624117813663

41322313850

331247334195

3,035

942933

1,566893879490692177

6,572

128210

7433626770

21876

310

1, 689

8814539080

73488

832

26

20

46

25,502

43,509

I, 1928

Allother

cash invault

1,8651,814

9299,9511,358-

• 5,420

21,337

14,77713, 52527,179

4011,523

57,405

5,0543, ^693, 9522,7852,6233,9824,2401,8351,755

13,8772, 053

3^887

52,749

11,8537, 568

10, 6265,2804, 5575,0474,3642,005

51, 300

1,7981,4231,6093,2212, 0781,0022,215

8264,331

18,503

3,4872,2285,2981,083

179371939

13,585

262

778

1,040

215, 919

328, 046

Totalcash

2,1392,1511,112

11,8211,5956,814

25, 632

19, 21817,49831,794

4851,813

70,808

5,8143,9784,2682,9732,7674,5254,7152,0241,853

14,6892,3553,6754,267

57,603

13, 2278.951

12, 8906, 4895,7345,8355,4242,358

60, 908

2,0011,6891, 8353, 7992,4601,1652,710

9374,773

21,369

3,7912,6605,9001, 217

204436

1,079

15, 317

372

803

1,175

|253,112

388,129

M a r . 27, 1929


908678

34155

174

824

772660

1,75429

116

3,331

3131791356193

1382655651

501128228201

2,349

489482842358328299369187

3, 354

7362

16025011994

28540

149

1,232

22731522857193528

909

99

2

101

12,100

16,105

Goldcertifi-cates

18721888

1,391251

1,140

3,275

3,3883, 2402,790

52200

9,670

44525117310437

56417810549

332209227192

2,866

759826

1,246931676424627214

5,703

11219487

34628061

24267

316

1,705

7913134362154880

758

21

61

82

24, 059

39,159

Allother

cash invault

1,7511,656

8308,3511,0475,259

18, 894

13, 32912, 28725,158

3501, 287

52,411

5,1403,9863,5152,4322,1845,1403,8231,6891,661

12, 3111,9613,1533,667

50, 662

10, 5497,0839 9744,5604, 2994,5434,3602,098

47,466

1,5271,3721,6323,1422,108

9722,270

8823,963

17,868

3,1572,0534,542

979149374

1,003

12,25/

226

624

850

200,408

308,227

Totalcash

2,0281,960

99610,0831,3536,573

22, 993

17,48916,18729, 702

4311,603

65,412

6,8984,4163,8232, 5972,3145,8424,2661,8501,761

13,1442 2983,6084,060

55, 877

11, 7978,391

12 0625,8495,3035,2665,3562,499

56,523

1,7121,6281,8793,7382,5071,1272,797

9894,428

20,805

3,4632,4995,1131,098

183457

1,111

13,924

346

687

1,033

236,567

363,491



TABLE NO. 55.—Cash in vaults of national banks at date of each call during yearended October 31, 1929—Continued

[In thousands of dollars] *

Banks in—

June 29, 1929


Goldcertifi-cates

Allother

cash invault

Totalcash

Oct. 4, 1929


Goldcertifi-cates

Allother

cash invault

Totalcash


New York _ _._Chicago.

Total central reserve cities-OTHER RESERVE CITIES

BostonAlbany iBrooklyn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashingtonRichmond-CharlotteAtlantaSavannahJacksonville.Birmingham-New OrleansDallas.—El Paso.Fort Wor th . . .GalvestonHouston _San AntonioWacoLittle Rock . . _Louisville _MemphisNashvilleCincinnati __ClevelandColumbusToledoIndianapolis _.Chicago _Peoria_._Detroit.Grand RapidsMilwaukee ___'_Minneapolis _St. Paul . . . _Cedar RapidsDes Moines__.DubuqueSioux City _Kansas City, M o . .St. JosephSt. LouisLincoln _ _OmahaKansas City, KansTopekaWichitaHelena.- ._Denver.PuebloMuskogee _Oklahoma CityTulsaSeattle. .SpokanePort land. .Los Angeles..OaklandSan FranciscoOgden _-_ _.Salt Lake City.


30098

398

10410163

13358185643

122027259

19234836642775

162

11136

229

3379250227

6721431025111831221524352

76276

773736

2023311

31241

31211212

3,094

Total all reserve cities 3,492

5,197948

A 1 4 5

15, 4983,89419,392 | 25,935

20. 995i 940

30886

4,227 16, 5954,485

394 5,058 21. 080

4382682571531043745

1,403125128374131923292478130723892222944378611216456672401122522035155291429182498016762150393

47421215391

64338353877

3,58761645674

5,0673,4091,2501,34024889798819695619285

1,058238859382

1,41568443325586234446640546

1,061143

2,0831,770406

1,895382

1,9661,6191,282288717151435

1,111419

1,4463939468134042478

1,122410193538779

1,375289

1,1056,797335

8, 51486202

8,085 68,139

14,23.0- 87,531 105,253

4,12989472$92

5,5103,9041,3132,79926497822922796657313

1,100290931496

1,60971846338694258486697589

1,169163

2,6362,318523

2,157501

2,2851,8431, 376353

1,033204544

1,224490

1,541433

1,05710446649087

2, 369504220611893

1,466290

1,2007,376373

9,022105

102

202

14447216125141732131171552245823962041215163110

38010243241267193&81712302923112334383302

7917881830231402352

113416

154 4,801

1891729222640

1,4591432a29455

202822409242049513336398117223535426922918534834054743562434803880144414285&2

364122153122140

6120033357310

461113

6,2664,4921, 6381,682348195

1,3051,4781,010951419

1,377388956345

1, 83676853871951724739S77574

1,508154

2,2622, 067605

2, 602276

2,1931,8791,403304916180591

1,197452

1,371505

1,017100346540105

1,34637£248788

1,0001,594428

1,4917,781444

8,612101263

79, 318 3,143 7,507 82, 351

21,1305,40228, 532

5,057

670132

6,7024,7651,6993,202364203

1,3391,5241,087969420

1,414431

1,030409

1,98679556781

1,066741784955688

1,656186

2,9952,711717

2,855473

2,6082,2381,496386

1,289216655

1,306513

1,462542

1,095117457629109

2,501469277859

1,1521,757429

1, 5928,216479

9, 082108

93, 001

3,537 12,565 103,431 119, 533

» Terminated as reserve city July 1,1929.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

BEPOET OP THE COMPTROLLER OF THE CURRENCY 397TABLE NO. 55.—Cash in vaults of national banks at date of each call during year

ended October .81, 1929—Continued[In thousands of dollars]

Banks in—

COUNTRY BANKS

Maine _ .New Hampshire __VermontMassachusetts.-Rhode IslandConnecticut


New YorkNew JerseyPennsylvaniaDelawareMaryland _


VirginiaWest VirginiaNorth CarolinaSouth Carolina _ . _ _ _GeorgiaFloridaAlabamaMississippiLouisianaTesasArkansas -Kentucky _Tennessee


OhioIndiana .IllinoisMichiganWisconsinMinnesotaIowa _.Missouri

Total Middle Western States. _

North DakotaSouth DakotaNebraska, _KansasMontana ._WyomingColorado _New Mexico . _ »Oklahoma.

Total Western States _ _

WashingtonOregon _ _ . . .CaliforniaIdaho - _UtahNevadaArizona _

Total Pacific States _.


ber banks) „.__


Total country banks ,___

Total United States


908074

30351

158

756

725649

1, 73523

108

3, 240

3031891425582

1222756054

52265

200190

2, 259

50249875433832130335H165

3, 234

7563

16425811886

26348

149

1, 224:

230322211

60'213836

918

111

3

114

11, 745

15, 237

J u n e 29, 1929

Goldcertifi-cates

15121184

977129894

2,446

3,0522,6752, 537

48171

8,483

3532731599248

4821866637

302206218190

2,612

809802

1, 265695683421605219

5,499

76179105339256

5924178

235

1,568

136- 125

321502

5855

747

24

60

84

21,439

35, 669

Allother

cash invault

1,2911,229

7535, 652

9033,558

13, 386

10, 3688, 630

19, 861274

1,120

40, 253

3,9103,8432,1281,4311,5233, 9322,8791,1361, 0919, 6661,2532,2522,608

37, 652

8,7045,3358,3424,3814, 0874,2703, 6311,731

40,481

1,4471,2001,4173,0261,811

8852,021

7783,112

15, 697

2,8481,8964,204

740171385718

10,962

320

815

1,135

159, 566

247,097

Totalcash

1, 5321,520

9116,9321,0834,610

16, 588

14,14511,95424,133

3451,399

51, 976

4,5664,3052,4291,5781,6534,5363,3401,2621,182

10,4901, 5242, 6702,988

42, 523

10, 0156,635

10, 3615,4145,0914,9944,5892,115

49, 214

1,5981,4421,6863,6232,1851,0302,525

9043,496

18,489

3,2142,3434,736

850194481809

12,627

455

878

1,333

192, 750

298, 003

Oct . 4, 1929


989075

33478

168

843

802708

1, 71524

113

3,362

3111911286380

1262796754

51571

203208

2,296

483468811355323333336166

3,275

7660

16024913085

26455

146

1,225

21731020060223926

874

113

47

160

12, 035

15, 572

Goldcertifi-cates

14514660

724.69

616

1,760

3, 3352,8572, 554

31156

8,933

35118016110235

3141879319

254181245106

2,228

868652

1,149606680391445163

4,954

12815053

29421148

21441

230

1,369

10612730542

23670

688

4

111

115

20,047

32, 612

Allother

cash invault

1. 6261,428

8927,5751,0494,232

16, 802

13,19211, 48224, 369

3991,465

50, 907

4,6583,6522,7612, 0752,3064, 3473,5061, 6541,574

12, 9341,8092,5833,130

46, 989

10,4717,167

10, 4545,0384, 4104, 4124,0382,202

48,192

1,7891,4161,6423,2552,053

8632,244

8543,829

17,945

3,2252,2294,875

819183467725

12,523

329

2, 060

2,389

195, 747

299,178

Totalcash

1,8691,6641,0278,6331,1965,016

19,405

17,32915,04728, 638

4541,734

63, 202

5,3204,0233,0502,2402,4214,7873,9721,8141, 647

13,7032,0613,0313,444

51, 513

11,8228,287

12, 4145,9995 4135,1364.8192,531

56, 421

1,9931,6261, 8553,7982,394

9962,722

9504,205

20, 539

3,5482,6665,380

921207542821

14,085

446

2, 218

2,664

227, 829

347,362



TABLE NO. 56.—Gold and silver coin, certificates, legal tenders, and other currencyheld by national banks at date of each report from February 21, 1921, to October4, 1929

[For prior years see annual report, 1920][In thousands of dollars]

DateGoldcoin

GoldTreas-ury

certifi-cates

Clearing-housecertifi-cates-(sec.5192)

Silver- dollars

SilverTreas-ury

certifi-cates

Frac-tionalsilvercoin i

Legaltendernotes

Papercur-

rency 2

Totallawfulmoney

1921Feb. 21Apr. 28June 30Sept. 6.Dec. 31

1922Mar. 10May 5June 30Sept. 15Dec. 29

1923Apr.3June 30Sept. 14Dec. 31

1924Mar. 31June 30Oct. 10Dec. 31

1925Apr. 6June 30Sept. 28Dec. 31

1926Apr. 12June 30Dec. 31




21, 74521, 43321,18320,81919,360

20, 34720,85120,43820, 76219, 054

19, 99519,81120, 07018,169

19,12119, 25319, 67819, 368

19, 24618, 85719,60018, 212

18,32817,86917,237

17,47017,12117, 52316,997

17, 21616, 63716, 87716,574

16,10515, 23715, 572

()22,95119, 33317,389

17,01317, 52018, 35917, 26915,044

16,90319,30820,42223, 787

27,09537,48437, 28841, 787

35,88052,904

()54,155

(3)

()47, 629

()39, 76639,27743,509

39,15935,66932, 612

2512

57

108

1825655

5

50

* 43,880* 43, 735

9,099« 36, 790< 36,949

4 36,182* 35,153

7,771« 34, 341< 37, 265

* 34,8686,910

* 35,975* 39, 002

35,6297,254

* 35,2934 40,123

* 35, 3347,919

187

i 40,449

1 36,0167,129

1 38,166

* 37, 5926,833

< 36,9204 39, 283

54 5,798

24,195(3)

()23, 012

(3)

()23,004

()26, 662

()28, 666

8()

30,457(3)

30,125(3)

()25,013

31,331(4)

()27,114

()

()25, 598

828, 277

(4)

29, 640

()29, 724

(4)

()30, 723

()28,291

826,957

(3)

824, 421

(3)

21, 27

8()

23, 879

8

()26, 740

()()

27, 276

8

332,138337, 035238, 561280,801268,104

262, 498

205,061259, 572320, 369

287,199175,149284,963305,465

261,119202, 372267, 776308, 238

271, 203196, 093305, 742331,455

313, 229193, 778297, 306

318, 843204, 310320,808305, 096

314, 630177,824

8 308,127"328,046

308, 227247,097

5299,178

397, 773402,223374, 349357, 798341,811

336, 065334,504326,181331,951391, 840

359,147291,108361,485386,428

345, 219360,101409, 566

361, 671359,605362, 341390,116

367, 573359, 951352, 709

373,905364, 204375, 251361, 376

370, 228315,113364, 281388,129

363, 491298, 003347, 362

1 Includes minor coin.2 Includes all United States paper currency and bank notes except on the dates when shown under the

respective headings.3 Included with paper currency on these dates.4 Fractional silver and minor coin included with silver dollars on these dates.* Includes all cash in vault other than gold coin and gold certificates.



TABLE NO. 57.—Gold, etc., held by national bomks in the central reserve city of NewYork at date of each report from February 21, 1921, to October 4> 1929


Bate Goldcoin

GoldTreasury

certifi-

GoldTreasury

certifi-cates

payableto order

Clearing-housecertifi-cates(sec.5192)

Silverdollars

SilverTreasury

certifi-

Frac-tionalsilvercoin

Papercur-

rencyTotal

1921Feb. 21Apr. 28June 30.Sept. 6Dec. 31

1922Mar. 10.May 5June 30Sept. 15Dec. 29

1923Apr. 3June 30Sept. 14Dec. 31


1925Apr. 6June 30_Sept. 28Dec. 31

1926Apr. 12June 30Dec. 31




1,1411,1031, 053

945934

942999764729936

642614621

471429

755

535424703767

413358732

365355477877

437336290875

404300308

0)0)

12. 50310, 3598,763

8,6778,6538,5768,1065,003

7,218

6,3836,401

6,7578,2828,9227,507

7,357

80)6,139

0)C1)5, 5510)0)

C1)5,4374, 9705,896

5,4385,1974,227

2 2, 0692 2, 537

172 1, 5162 1, 791

2 1, 7892 1, 825

182 1, 7012 1, 801

2 1,42011

2 1, 6062 1, 495

2 1, 3817

2 1, 4792 1, 962

2 1, 5728

2 1, 5742 1, 615

2 1, 57816

2 1, 770

2 1, 68510

2 1, 6102 1, 744

2 1,70423

0)0)5,773

0)(980)

0)2,638

0)(00)2,685

0)2,0750)0)

0)2, 513

0)0)2,2230)0)

2,368

1,758

1,690

1,314

1, 570

1, 532

1,813

1,664

47,11952, 71031, 98933,19433,424

33, 09131,44225, 53928, 06831, 214

23, 90114, 79319,10921, 834

19,61815,09219, 45025, 369

21,91016, 71525, 58228, 732

27, 43317,11121,823

22,56416, 95425, 34123, 222

23,05413,128

* 19, 4854 21, 393

4 20, 872* 15, 498i 16, 595

50, 32956, 35053,09346, 01444,912

44, 49942, 91940, 35138, 60438,954

33,18125, 69827, 71930, 419

28,22728,07030, 27735, 593

30, 88928,11527,85931,114

29, 42428, 01724,325

24, 61426, 93127, 42825,843

25,19522,95624, 74528,164

26, 71420,99521,130

1 Included with paper currency.2 Includes fractional silver and minor coin.3Included with gold Treasury certificates.4 Includes all cash in vault other than gold coin and gold certificates.

NOTE.—Beginning with reports for Sept. 11,1917, national bank notes, legal tender notes, Federal reservenotes, and Federal reserve bank notes not included in previous classification of specie, are now includedin paper currency and total.

Paper currency includes all United States paper currency and bank notes except on the dates whenshown under the respective headings.

Fractional silver coin includes minor coin.


TABLE NO. 58.—Reserve computation of national banks at date of each call during year ended October 31, 1929

DECEMBER 31, 1928


Banks in—


New YorkChicago. ___

Total central reserve cities - . __


BostonAlbanv .Brooklyn and BronxBuffaloPhiladelphiaPittsburgh..BaltimoreWashington. __ . _RichmondCharlotte-Atlanta. .Savannah.. _.JacksonvilleBirmingham. _ . _New Orleans.DallasEl PasoFort Worth..... .Galveston _.Houston. __San Antonio.__WacoLittle Rock _Louisville

Net demand deposits

Demanddeposits,

exclusive ofbank andGovern-

mentdeposits *

2, 649,161654,837

3, 303, 998

426, 73243, 60639, 542

7,869381, 034258, 606

73, 81674, 70922,6579,148

46,87927, 68125, 91833, 87326, 93474,13518,25435,1228,282

71, 30133, 72611,202

1,72549,048

Due tobanks, net2

295, 31861,162

356,480

23,0883,1651,262

16,66630,8812,9131,5694,242

1,8022,1741,666

2,41214,124

35017,1885,5669,980

572493959

10,994

Total

2, 944, 479715, 999

3, 660, 478

449,82046, 77140,804

7,869397,034289,487

76, 72976, 27828,8999,148

48,68129,85527, 5843a, 87329, 34688, 25918, 60452, 31013, 84881, 28134, 29811, 6952,684

60,042

Timedeposits

538, 678197,059

735, 737

183, 91610,97318,41018, 960

129, 387104, 03438, 99844,00613,8837,585

33,88225, 87230,24420,1622,841

31,1597,630

15,60813, 99435, 94418, 6607,4171,316

27, 227

Net de-mand

plus timedeposits

3,483,157913, 058

4, 396, 215

633, 73657, 74459, 21426, 829

526, 421393, 521115, 727120, 28440,78216, 73382, 56355, 72757, 82854,03532,187

119,41826, 23467, 91827, 842

117, 22552. 95819, 1124,000

87,269-

Reserves with Federal reserve banks

Required

398, 94298, 992

497, 934

50,4995,0064,6331,356

43,58532,0708,8438,9483,1061,1425,8843,7623,6663,9923,0209,7612,0895, 6991,8059,2063,9901,392

3086,821

Held

392,002104, 979

496, 981

52,2495,2184,6561,448

41, 98532,5288,6869,0051,2571,0623,8594,2903,6923,9483,0119,7502,0326,0111,775

10,1334,0931,445

3635,674

Excess 3

- 6 , 9405,987

-953

1,750212

2392

-1,600458

-15757

-1,849- 8 0

-2,025528

26- 4 4

- 9—11- 5 7312

- 3 0927103

5355

-1,147

Ratio ofrequired

reserves tonet demandplus timedeposits

(per cent)

11.4510.84

11.33

7.978.677.825.058.288.157.647.447.626.837.136.756.347.399.388.177.968.396.487.857.537.287.707.82

3

i3

66


MemphisNashvilleCincinnatiClevelandColumbus. __Toledo.._._IndianapolisChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolis.St. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, Mo.St. Joseph..St. LouisLincolnOmahaKansas City, Kans--_Topeka 1 „WichitaHelenaDenver... _PuebloMuskogee..Oklahoma CityTulsaSeattleSpokanePortlandLos Angeles._.OaklandSan Francisco_. __OgdenSalt Lake City

Total other reserve cities .


10, 35124,22041,80334,35743, 5514,40452,83839, 26014,959

130, 43217,15693,88396, 68558, 7368,144

20, 4004,27011,01476,71010,289171,26112,42553, 3576,14814, 25620,9893,97670,8689,0215, 330

42, 34960,99775,19114,19649, 257219, 37219,970

319,1835,44419, 307

3, 788,158

7, 092,156

269879

1,9791,9073,965673

3,431553

1,395

4,~87fr20,8795,8804,9723,971177

2,32824,1294,353

27, 3921,3367,9671,468428

3,80190830477879

8,78414, 523

223263

3082,55321,2291,8353,404

335, 699

692, 179

10,62025,09943, 78236,26447, 5165,07756, 26939, 81316, 354130,43217,15698, 760117, 56464,61613, 11624, 3714,44713, 342100,83914,642198, 65313, 76161,3247, 61614, 68424,7904,88471,1729,0986,20951,13375,52075, 41414, 45949, 257219,68022, 523340,4127,279

22, 711

4, 123,857

7, 784, 335

8,51024,14319, 05839, 95712, 4326,24613, 72262,19012,58864,97912,62554,00765, 47839,6278,9285,3996,9118,20710, 3536,88076, 6773,48515,4993,2902,5986,9752,40152,6596,5874,75428,99017,79035,394=16,06156, 388

254, 5956,961

519, 6041,5418,373

2,443,970

3,179, 707

19,13049, 24262, 84076, 22159, 9481,1, 32369,.991102,00328,942195, 41129, 781152, 767183,042104,24322,04429,77011, 35821, 549111, 19221,522

275, 33017, 24676, 82310, 90617, 28231, 7657,285

123, 83114,68510, 96380, 12393, 310110, 80830, 520105, 645474, 27529, 484860,0168,82031, 084

6, 567, 827

10, 964,042

1,3183,2344,9504,8255,124695

6,0395,8472,01314,9932,09411,49613, 7217,6501,5802,599652

1,58010, 3951,671

22,1651,4816. 597860

1, 5462,688561

8,6971,077764

5,9838,0868,6031,9286,61729, 6062,461

49, 630774

2,522

485, 705

983, 639

1,4983, 2394,6894,8025, 237•8265,8775,9302,07310, 8562,2119,94215,1798,0491,6532,327720

1,74811,1981,676

22, 8351,7386,996810

1,5502,956478

9,6751,091760

6, 0108,8748,2192,3006,51729,9262,51851, 402

8102,663

486, 028

983, 009

1805

-261-23113131

-1628360

—4,137117

-1,5541, 45839973

-27268J688035

670257399-504

268-8397814-427788

—384372

— 10032057

1,77236141

323

-630

6.896.5*77.886.338.556.148.635.736.967. 677. OS7'. 537.507.347.178.735.747.339.357.768.058.598.597.898.958.467.697.02%346.967.478.677.766.326. 26el 248.355.778 788!ll

7.40

8.97



TABLE NO. 58.—Reserve computation of national banks at date of each call during year ended October 81, 1929—Continued

DECEMBER 31, 1928—Continued


Banks i n -

Net demand deposits

Demanddeposits,


mentdeposits1

Due tobanks, net2 Total

Timedeposits

Net de-mand

plus timedeposits


Required Held Excess 3

Ratio ofrequired

reserves tonet demand

plus timedeposits

(per cent)

COUNTRY BANKS

MaineNew Hampshire..VermontMassachusettsRhode IslandConnecticut




VirginiaWest Virginia. _.North Carolina-South Carolina-Georgia,.FloridaAlabamaMississippiLouisianaTexas . . . ,

34,39839,06918, 568

213,26527,934

152, 718

485,952

376,416375,208475,451

26,356

1,263,309

99,90968,17264,24344,28033,12159,42173,26740, 62744, 996360,510

307593168

2,199239740

34,70539,66218,736

215,46428,173153,458

97,07621, 58642,152212,00215,30699, 913

131, 78161,24860, 888427,46643,479253, 371

5,3423,4242,57621,4432,43113, 739

5,4713,6942,81720,0922,40712,577

129270241

-1,351-24

-1,162

4,246 490,198 488,035 978,233 48,955 47,058 -1,897

1,528940574

377,944376,148476,0259,87826,410

668, 910466,443927,1799,60175, 405

1,046, 854842, 591

1,403,20419,479101,815

46, 52340,32461,137

9794,111

49,90342,76164,4961,0484,346

3,3802,4373,359

69235

3,096 1,266, 405 2,147, 538 3,413,943 153,074 162, 554 9,480

1,8562,7123,991940106

2,6095,261

101, 76570,88468, 23445,22033,22760,41473, 86541, 55647,605365,771

134,96877,76658,67855,815

60,61450, 63332,71019,44465,804

236,733148,650126,912101,03559, 575121,028124,49874,26667,049431, 575

11,1737,2956,5374,8403,1166,0476,6893,8903,91627, 578

12, 7038,3106,7055,0973,4786,3907,1794,1273,82630, 257

1,5301,015168257362343490237-90

2,679

4.055.594.235.025.595.42

5.00

4.444.794.365.034.04

4.48

4.724.915.154.795.235.005.375.245.846.39


Arkansas _ _. _.KentuckyTennessee


OhioIndianaIllinoisMichiganWisconsinMinnesotaIowa .Missouri.-- _

Total Middle Western States _.

North DakotaSouth DakotaNebraskaKansas _.Montana _.WyomingColoradoNew MexicoOklahoma ___


Washington.OregonCaliforniaIdaho.__UtahNevadaArizona


Alaska (nonmember banks)

The Territory of Hawaii (nonmember banks)


Total country banks.

Total United States

42,18278,98362, 232

1,071, 943

220,885139,229235,, 92794,84495,06189,83091,00552, 279

1,019,060

37, 51036, 40243, 595104, 75747,25821,83853, 52825,391135,640

505, 919

69, 69547,420158,33627, 5524,7898,326

20,415

336, 533

2,3883,461

5,849

4, 688,565

11, 780,721

2,8261,1872,706

26, 714

1,2723,1738,621261

2,4283,1862,2041,526

22,671

258211

1,369883196

1,03010918

2,244

6,318

8131

4,863146776718

5,904

341,219

1,253

70,202

762,381

45,00880,17064,938

1,098, 657

222,157142,402244,54895,10597,48993,01693,20953,805

1,041,731

37, 76836,61344,964105,64047,45422,86853,63725,409137,884

512,237

69,70347, 551163,19927, 6984,,8668,997

20,423

342,437

2,4224,680

7,102

4, 758, 767

12, 543,102

31,14265, 91862, 694

742,534

220,480138, 774241,953171,379153, 678145, 505100,16630,161

1,202,096

41,29429, 76234,30644,87138,60914,48835,9207,718

43, 806

290, 774

58,32330,935121, 71418,1154,9458,41811,227

253,677

1,768809

2,577

5,127, 231

8, 306, 938

76,150146,088127, 632

1,841,191.

442, 637281,176486, 501266,484251,167238,521193, 37583,966

2, 243,827

79, 06266,37579,270150, 51186,06337,35689, 55733,127181,690

803,011

128,02678,486284,91345,8139,81117,41531,650

596,114

* 4,1634 4, 5744 8, 737

9,885,056

20, 849, 098

4,0857,5896,427

99,182

22,16514,13124,37711, 79911,43510,8769,5304,671

108, 984

3,8833,4564,1778,7414,4802,0354,8322,01010,966

44, 580

6,6294,25715, 0752,482489882

1, 767

31, 581

624686

1,310

487, 666

1,471,305

4,2947,7597,946

108,071

23,34315,01725,99012,12411,95211,21410,0154,839

114,494

4,2383,7794,4629,3444,8262,1735,1082,21311, 735

47,878

7,0704,467

15, 7452,684529966

1,791

33, 252

6 944«1,406

«2,350

515, 657

1,498,666

209170

1,519

8,889

1,178886

1,613325517338485168

5,510

355323285603346138276203769

3,298

441210670202408424

1,671

320720

1,040

27,991

27,361

5.365.205.04

5.39

5.015.035.014.434.554.564.935.56

4.86

4.915.215.275.815.215.455.406.076.04

5.55

5.185.425.295.424.985.075.58

5.30

15.0015.00

15.00

4.93

7.06



TABLE NO, 58.—Reserve computation of national banks at date of each call during year ended October 31, 1929-—Continued

MARCH 27, 1929


Banks in—


New York.Chicago _ . . . . .



Boston.Albany .Brooklyn and BronxBuffaloPhiladelphia.__.PittsburghBaltimore.Washington..Hichmond . _ . _ _CharlotteAtlanta _SavannahJacksonville.BirminghamNew Orleans... _.Dallas -El Paso _.Fort Worth.. _OalvestonHouston-San Antonio.WacoLittle Rock

Net demand deposits

Demanddeposits,


mentdeposits *

2,438,119350, 258

2, 788,377

407, 25865, 73435,6007,241

347,509237,87558,12875, 74427,1989,194

48,68827, 23329,68829,31623,42971,12317, 78843, 7088,096

74,29635, 66511,9392,294

Due tobanks, net2

300,32266,674

366,996

23,3428,4431,678

39,50431,9012,0572,4253,148

1,8472,1422,961

2,6165,455

3,4182,3355,040

512218

Total

2,738, 441416, 932

3,155, 373

430, 60074,17737,2787,241

387,013269, 77660,18578,16930,3469,194

50,53529,37532,64929,31626,04576, 57817,78847,12610,43179,33636,17712,1572,294

Timedeposits

498,11889, 425

587,543

188,13310, 52318,86920,383

123,659110,41835, 24647,95314,0747,148

32,03225,09128,57819,4993,455

35,3708,004

16,33913,65036, 71917,9267,3442,237

Net de-mand

plus timedeposits

3, 236, 559506,357

3, 742,916

618, 73384,70056,14727, 624

510,672380,19495,431

126,12244,42016,34282,56754,46661,22748, 81529,500

111, 94825, 79263,46524,081

116,05554,10319, 5014,531


Required

370,94156, 884

427,825

48, 7047,7334,2941,336

42,41130,2907,0769,2563,4571,1336,0153,6904,1223,5172,7088,7192,0195,2031,4539,0354,1551,436

296

Held

375,33258,886

434, 218

46, 5437,1944,3041,304

41,06028,6227,1169,4373,2021,0846,2713,5844,7683,4222,4549,1312,0285,4021,5159,6514,4481, 488

153

Excess 3

4,3912,002

6,393

-2,161-539

10- 3 2

-1,351- 1 , 668

40181

-255- 4 9256

-106646

- 9 5-254

4129

19962

61629352

-143

Ratio ofrequired


plus timedeposits

(per cent)

11.4611.23

11.43

7.879.137.654.838.307.977.417.347.786.947.286.786.737.209.187.797.838.206.037.797.687.366. 55


LouisvilleMemphisNashvilleCincinnatiClevelandColumbusToledoIndianapolisChicagoPeoriaDetroitGrand KapidsMilwaukeeMinneapolisSt. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, Mo...St. JosephSt. LouisLincoln ,_OmahaKansas City, Kans.TopekaWichitaHelenaDenverPuebloMuskogeeOklahoma CityTulsaSeattle "SpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City


Total all reserve cities. 6,465,462

44,1509,33825,19746, 77837,86350,7985,21146,53535.65715,312136,79015,75589,77789,69553.6587,85520,1063,73610,64376,3099,304

166,72111, 80750,8635,25413,38820, 5263,20270, 3437,5325,848

44, 29164,69471,13011,97549,566214,33118,588

300,1384,09017, 587

3, 677,085

7446, 35870981

2,083370

2,776306

1,9851,731223

10, 43526, 89811,2965,7114, 568494

4,56719, 3915,07130,8634,39513,3261,8011,1943,061

273

1,2323,144746

1,4101,683

791,534

24, 5302,2321,906

348,297

53, 51610,08231, 55547,48737,94452,8815,581

49, 31135,96317,297138, 52115,978100,212116, 59364, 95413, 56624, 6744,23015, 21095,70014, 375

197, 58416, 20264,1897,05514, 58223, 5873,88570,3437,8055,848

45, 52367, 83871,87613, 38551, 249

214, 41020,122

324, 6686,32219, 493

4,025,382

7,180,755

27, 6378,99321,84719,09945,98711, 5416,31412,73761, 26511,83181,48912, 50450,80460,87732,8148,9345,1006,8598,3589,383

79, 8753,32015,8163,3362,5577,5232,41154,0895,4775,421

25, 74324,44432, 64411, 69257, 249

250; 8366, 953

491, 7351,503

2, 425, 044

3, 012, 587

81,15319,07553, 40266, 58683,93164, 42211, 89562,04897,22829,128220,01028,482151,016177,47097, 76822,50029, 77411, 08923, 568105,08320,983277,45919,52280,00510, 39117,13931,1106,296

124. 43213; 28211, 26971, 26692, 282104, 52025, 077

465, 24627, 075816, 4037,825

28, 282

6, 450, 426

10,193, 342

6,1811,2783,8115,3225,1745,634748

5,3135,4342,08516, 2971,97311,54513,4857,4801,6252,620629

1,7729,8511,636

22,1551,720

1,5352,584461

8,657945747

5,3257,5178,1671,6896, 842

28, 9662,221

47, 219677

2,213

475, 290

903,115

5, 9981,1523,7655,0834,1005,894785

5,2275,6752,04616, 3621,849

12, 66015, 4737,7671,6962,341

6221,690

10, 7781,660

23.0551,9057,064

8371,5602,256

4148,913

959837

5,7477,3308,1091,8367,387

29, 5422,211

45, 749671

2,405

475, 591

- 1 8 3- 1 2 6

- 4 6- 2 3 9

-1,07426037

- 8 6241

- 3 965

- 1 2 41,1151,988

28771

- 2 7 9—7

- 8 292724

9001851713125

- 3 2 8- 4 7256

1490

422- 1 8 7

- 5 8147545576

- 1 0-1,470

- 6192

301

909,809 ! 6,694

7.626.707.147.996.168.756.288.565.597.167.416.937.657.607.657.228.805.677.529.377.807.988.818.627.758.968.317.316.967.116.637.478.157.816.746.316.238.205.788.667.82

7.37

8.86





[In thousands of dollars

Banks in—

COUNTRY BANKS

MaineNew HampshireVermontMassachusetts.Rhode IslandConnecticut.

Total New E ngland S tates

New York _ _ _.New JerseyPennsylvania _Delaware _Maryland

Total Eastern States _

Virginia__ _West Virginia .North CarolinaSouth CarolinaGeorgia,FloridaAlabama___ _. _ _Mississippi.. . _ . .LouisianaTexasArkansas

Net demand deposits

Demanddeposits,


mentdeposits i

32,89135,37116,654

202,05226,229

139,365

452, 562

363,159337, 714452, 739

9,22125, 569

1,188, 402

93, 57969,31858,14739, 80229,11170,03766, 78241,53138,139

335, 21839,402

Due tobanks, net2

450500191

2,577256

1,317

5,291

2,0541,3193,713

5850

7,194

8852,3033,6031,334

64482830561

1,3734,4712,177

Total

33,34135,87116,845

204,62926,485

140, 682

457,853

365, 213339,033456,452

9,27925, 619

1,195, 596

94, 46471, 62161, 75041,13629,17570, 51967, 61242,09239, 512

" 339,68941,579

Timedeposits

97,46322,03642,136

218, 07315, 452

104, 368

499, 528

665, 045470, 663927, 675

9,78375, 550

2,148, 716

135, 26278, 63757, 23454,70026, 03661,28450,15832,99119, 80072,18731,166

Net de-mand

plus timedeposits

130,80457,90758,981

422,70241,937

245, 050

957,381

1, 030, 258809, 696

1,384,12719, 062

101,169

3,344,312

229, 726150, 258118, 98495,83655, 211

131,803117, 77075,08359,312

411,87672, 745


Required

5,2583,1722,443

20,8662,318

12, 979

47,036

45, 51637,85259, 782

9434,060

148,153

10, 6707,3736,0404,5202,8236,7756,2383,9363,360

25,9443,845

Held

5,4943,5002,590

21,3122,441

12,836

48,173,

47,88538, 37262,856

1,0804,301

154,494

10,9198,1936,1334,2543,0627,1856,6444,0653,289

27, 7324,015

Excess 3

236328147446123

-143

1,137

2,369520

3,074137241

6,341

24982093

-266239410406129

- 7 11,788

170

Ratio ofrequired

reserves tonet demandplus timedeposits

(per cent)

4.025.484.144.945.535.30

4.91

4.424.674.324.954.01

4.43

4.644.915.084.725.115.145.305.245.666.305.29


3og

O1

Ito

Kentucky

Tennessee _ _


OhioIndianaIllinois '_MichiganWisconsinMinnesotaIowaMissouri

Total Middle Western States, _North DakotaSouth DakotaNebraskaKansasMontanaWyomingColoradoNew MexicoOklahoma


WashingtonOregonCalifornia __.IdahoUtahNevadaArizona





Total country banks

Total United States

72,74161,175

1, 014, 982

223,104125,292

' 233,693101, 699101,63187,27093,50355,397

1, 021,589

34,97034,54645,25598,00440,61418,88151,39922,167126,947

472,783

76,74442,858140,15121,3473,8567,61521,295

313,866

2,2223,126

5,348

4,469, 532

10,934, 994

1,9513,016

23, 050

1,1264,1487,635337

3,9913, 2512,7672,127

25, 382

4941,060747

2,08356

39118433

1, 265

6,313

53142

3,1884028

8281

4,280

45498

543

72, 053

787, 346

74, 69264,191

1, 038,032

224, 230129,440241,328102, 036105, 62290, 52196, 27057, 524

1, 046, 971

35,46435, 60646,002100,08740,67019, 27251, 58322, 200128, 212

479, 096

76, 79743,000143, 33921, 3873,8848,44321,296

318,146

2,2673,624

5,891

4, 541, 585

11, 722, 340

07, 50768,896

755,858

217, 791137,486240,178173, 734151, 704147,88498, 57038, 629

1, 205, 976

41,43029, 71533, 68043,45438,93014,48037,1988,44246, 092

293, 421

58, 40331,020116, 86916, 6745,2208,72511, 268

248,179

1,769562

2,331

5,154, 009

8,166, 596

142,199133, 087

1, 793,890

442,, 021266, 926481, 506275, 770257,326238, 405194,840

7, 2546,560

95,338

22,23013,18524,09812,35411,94510, 7739,696

96,153 ! 5,186

2,252,947

76,89465,32179, 682143, 54179,60033, 75288, 78130. 642174,304

772, 517

135,20074,020

260, 20838,0619,10417,16832, 564

566, 325

4 4,023^ 4, 054

* 8, 077

9, 695,449

19, 888, 791

109, 467

3,7253,3844,2308,3104,0151,7834,7271.807

10, 358

42,339

7,1283,94113, 5401,997428853

1,829

29, 716

603608

1,211

473, 260

1, 376,375

7,7187,366

100, 575

23,11413, 79125,03012,82912,29911,00210,6615,660

114, 386

3,9713,6354,7769,0534,3241,8825,1271,848

11, 228

45,844

7,8804,10714,1552,056451869

1,729

31, 247

5 9165 1,088

5 2, 004

496, 723

1, 406, 532

464806

5,237

884606932475354229965474

4,919

2462515467433099940041870

3,505

752166615592316

-100

1,531

313480

793

23, 463

30,157

5.1C4.93

5.31

5.034.945.004.484.464.524.985.39

4.86

4.845.185.315.795.045.285.325.905.94

5.48

5.275.325.205.254.714.975.62

5.25

15.0015.00

15.00

4.88

6.92



TABLE NO. 58.—Reserve computation of national banks at dale of each call during year ended October 81, 1929—Continued

JUNE 29, 1929


Banks in—


New York..Chicago

Total central reserve cities..


Boston _.AlbanyBrooklyn and Bronx..BuffaloPhiladelphia—.Pit tsburgh.- .BaltimoreWashingtonBichmondCharlotteAtlantaSavannahJacksonvilleBirminghamNew OrleansD l l

Net demand deposits

Demanddeposits,


mentdeposits *

2, 046, 315391,992

2, 438,307

397,15778,55121,8242,084

368, 791240,92858,78075, 31723,4927,96847,83227,04127,66929,70823,485

17,18340,4187,529

72,64931.92910,3151,970

34,294

Due tobanks, net2

315, 28741,091

356, 378

37,961687

31,66630,9184,1992,4251,577

370

3,711

2,6252,461

2,4591,591

93178

236367

8,046

Total

2,361,602433,083

2, 794,685

435,11879, 23821,8242,084

400,457271,84662,97977,74225,0697,96848,20227,04131, 38029,70826,11070,70917,18342,8779,12073,58032,00710, 5512,337

42,340

Timedeposits

419,849126,561

546,410

178, 5929,77415,9345,649

120,374114,48535,62446,50713,1766,60932,36625,85927,84519,8732,81433,0907,52317,47713,09236,74218,4267,5102,153

21,697

Net de-mand

plus timedeposits

2,781,451559,644

3,341,095

613, 71089,01237,7587,733

520,831386,331

124, 24938,24514, 57780,56852,90059,22549,58128,924103,79924,70660,35422,212110,32250,43318,0614,49064,037


Required

319,60460,097

379,701

48,8708,2172,660378

43,65730,6197,3679,1692,902995

5,7913,4803,9733,567

8,0641,9444,8121,3058,4503,7541,280

2984,885

Held

307,68459,693

367,377

47,9396,9322,705

38244,91832,1166,9539.3073,0121,0546,8013,1433,5003,5342,8758,3092,1135,4131,2498,6384,1641,470

3144,403

Excess 8

Ratio ofrequired


plus timedeposits

(per cent)

-11,920-404

-12,324

-931-1,286

454

1,2611,497-414

13811059

1,010-337-473- 3 3180245169601

-5617841019016

-482

11.4910.74

7.969.237.054.898.387.937.477.387.596.837.196.586.717.199.327.777.877.975.877.677.447.096.647.63


MemphisNashvilleCincinnatiClevelandColumbus, _Toledo__Indianapolis. _ _ChicagoFeoria __DetroitGrantl RapidsMilwaukeeMinneapolisSt. Paul . .Cedar RapidsDes MoinesDubuqueSioux CityKansas City, M o . . .St, JosephSt. LouisLincoln . . .OmahaKansas City, Kans.TopekaWichitaHelena __Denver—PuebloMuskogee... _.Oklahoma C ityTulsaSeattle

PortlandLos AngelesOaklandSan Francisco ._OgdenSalt Lake City.

Total other reserve cities..


U5724, 57343,45937, 32047, 2445,02551,01435,16514, 873149,1288,50083, 96595,04156, 6598,05223,9433,96410, 29772,1868,170

135,49516,12451,8436,57317,91221,7573,26468,9997,2535,50943,66165,01870, 59111,01151,505256,23718,973

294,8993,59418, 236

3,671,651

6,109, fi

465692

1,3292,666211

2,299322

1,149

9,162

3,1864,4484,369

1074,75318, 2464,007

5,4179,7281,403477

2, 554464199122187

1,290790956

1,16149938

2,56621, 3732,3621,088

277, 731

634,109

9,45725,03844,15138,64949,9105,23653,31335,48716,022149,1288,50093,127111,94059,84512,50028,3124,07115,05090,43212,177

153,93421,54161, 5717,97618,38924,3113,72869,1987,3755,696

44,95165,80871, 54712,17252,004

256, 27521, 539

316, 2725,95619, 324

8,825

18,24145, 64910,9695,01213,35264,07313,23983,5077,61551,23364,91232,6818,7357,728

8,1339,7996,693

62,8194,377

16,0243,3382,4867,1902,431

49,2505,6545,627

27, 25127,17632,58811, 39959 236

45l| 9066,124

541,7111,4788,478

3, 949, 382 2,635, 704

6, 744, 067 I 3,182,114

6,585,086

9,926,181

18, 28253, 72762, 39284,29860, 87910,24866,66599,56029,261232,63516,115144,360176, 85292,52621,23536,04010,95623,183100,23118,870

216,75325,91877,59511,31420,87531,5016,159

118,44813,02911,32372,20292,984104,13523, 571111, 240708,18127,663

857,9837,43427,802

1,2113,3654,9625,2355,320674

5,7325,4711,99917,4181,07810,85013,1416,9651,5123,063614

1,7499,3371,419

17,2782,2856,638898

1,9132,647446

8,397907738

5,3137,3968,1321, 5596,97739,1852,338

47, 878640

2,187

474,009 |

853, 710 j

4113,6545,2995,2955,631698

5,5415,6002,12017,6571,381BU0411,387% 1741,8373,368695

1,7719,9461,37817,7832.4127,001863

1,7692,919410

9,567915705

5,3218,1388,9671,7026,94340,0982,47748,131

6632,225

-8002893376031124

-191129121239103254

-1,7542093253058122609-41505127363-35-144272-361,170

8-338

742835143-349131392532338

6.626.267.956.218.746.588.605.50€.837.496.697.527.437.537.128.505.607.549.327.527.978.828.557.939.178.407.247.096.966.527.367.957.816.616.275.538.455.588,617.87

482,000 7, 991

849,37' -4,333

7.20

33

O(if

Footnotes a t ©nd of table.


TABLE N O . 58.—Reserve computation of national banks at date of each call during year ended October 81, 1929—Continued

JUNE 29,1929—Continued


Banks in—

COUNTRY BANKS

MaineNew Hampshire.VermontMassachusetts._.Rhode Island.Connecticut


New YorkNew JerseyPennsylvania. _DelawareMaryland


VirginiaWest Virginia...North Carolina..South Carolina..GeorgiaFlorida-Alabama. . .Mississippi .Louisiana.. _TexasArkansas.. .

Net demand deposits

Demanddeposits,


mentdeposits l

31,20835,27117,615

197,86523,571

144, 743

450, 273

369,423355,033447, 511

8,70226,322

1,206,991

91, 73971,52953,86634,68526, 29053, 43457,27135,23538, 367

305, 57439,034

Due tobanks, net2

1731,070166

2,30744

1,126

1,482793

1,615

3,984

1,1011,3431,2731,043

674248752

1,2653,317

Total

31,38136,34117, 781

200,17223,615

145,869

455,159

370, 905355,826449,126

8,710

1, 210,975

92,84072,87255,13935, 72826,29054,10857, 51935,98739, 632

39,920

Timedeposits

91,12221,60642,743215,89315,60699,227

486,197

667, 937477, 732922,2559,56675, 735

2,153, 225

136,12777, 95954,59653,28325, 79758,01650, 72533, 53119,45370, 79429,851

Net de-mand

plus timedeposits

122,50357,94760,524416,06539, 221245,096

941,356

1,038,842

1,371,38118,276102,143

3, 364,200

228,967150, 831109, 73589,01152,087112,124108, 24469, 51859, 085379, 68569, 771


Required

4,9303,1922,52720,4892,12113,188

46,447

46,00139,24059,107

8974,121

149, 366

10,5837,4405,4984,0992,6145,5285,5483,5253,358

23, 7463,690

Held

5,3563,6422,895

21,0622,118

47, 772

49,75742,70863,1771,0004,331

160,973

12,0618,3236,5483,8672,9615,8736,2173,6402,931

25,0033,757

Excess 3

Ratio ofrequired


plus tim8deposits

(per cent)

426450368573- 3

1,325

3,7563,4684,070

103210

11,607

1,478883

1,050-232

347345669115

-4271,257

67

4.025.514.184.925.415.38

4.93

4.434.714.314.914.03

4.44

4.624.935.014.615.024.935.135.075.686.255.29


Kentucky _

Tennessee


OhioIndianaIllinois __MichiganWisconsinMinnesotaIowa -.Missouri

Total Middle Western StatesNorth DakotaSouth DakotaNebraska __.KansasMontanaWyomingColoradoNew MexicoOklahoma


WashingtonOregon __CaliforniaIdahoUtahNevadaArizona





Total country banks

Total United States

68, 52660, 203

935, 753

219,107134,015236, 45498, 77897, 79995, 01288, 32155, 240

1,024, 726

30, 57835, 54444, 33899, 29338, 60118,98547; 35422,228119, 205

456,126

74, 64145, 081142, 65521, 6582,5518,47518,898

314,959

" 2,4163,066

5,482

4, 394, 310

10, 504,268

3302, 025

14, 257

9173,0418,7651,0582,8672,4831,7611,210

22,102

6567

1,4391, 051

29141774

283

3, 597

143119

4,561

2909

5,734

46615

661

55, 221

689, 330

68,85662,228

950, 010

220,024137,056245, 21999,836100, 66697, 49590,08256,450

1,046, 828

30, 58436, 11145, 777100, 34438, 63019,12647, 43122, 232119,488

459, 723

74, 78445,200147, 21621,6583,5539,38418,898

320, 693

2,4623,681

6,143

4, 449, 531

11,193, 598

68,33471, 315

749, 781

213, 608137, 350239, 413172,982153, 354146, 88798, 84939,504

1, 201,947

39,97229,91834, 55442, 78738,83714,10837, 3298,24445,866

291, 615

57, 46030,457119, 95116, 6895,1368,59911, 293

249, 585

1,846785

2,631

5,134,981

8, 317, 095

137,190133, 543

1, 699, 791

433, 632274, 406484, 632272,818254,020244, 382188, 93195,954

2, 248, 775

70, 55666,02980, 331143,13177, 46733, 23484, 76030, 476165, 354

751, 338

132, 24475, 657

267,16738, 3478,68917,98330,191

570, 2784 4, 296* 3, 720

4 8,016

9,583, 754

19, 509, 935

6,8706,495

88, 994

21,81013, 71424, 34812,17811, 64711, 2319,2715,137

109, 336

3,3403,4254,2418,3083,8691,7624r4401,8049,740

40,929

6,9584,07813, 9042,017403915

1,661

29,936

644558

1,202

466, 210

1, 319, 920

7,9107,269

96, 360

23,12114, 45325,28813,16011, 70211,8569,8925, 342

114,814

3,5363,5784,5888,8924,1381,9054,7091,883

10, 371

43,600

7,5514,41314, 5372,388438

1,0671,661

32, 055

51, 037«1, 060

6 2, 097

497, 671

1, 347, 048

1,040774

7,366

1,31173994098255625621205

5,478

19615334758426914326979631

2,671

59333563337135152

2,119

393502

895

31,461

27,128

5.014.86

5.24

5.035.005.024.464.594.6C4.915.35

4.86

4.735.195.285.804.995.305.245.925.89

5.45

5.265.395.205.264.645.095.50

5.25

15.0015.00

15.00

4.86

6.77

Footnotes at end of tabie.



OCTOBER 4, 1929


Banks in—


New YorkChicago

Total central reserve cities. _ . . .

OTHER RESERVE CITIESBoston _Brooklyn and BronxBuffaloPhiladelphia..Pittsburgh *Baltimore.. _Washington.. _RichmondCharlotteAtlanta.SavannahJacksonvilleBirminghamNew Orleans.DallasEl PasoPort Worth . .Galveston..HoustonSan AntonioWacoLittle Rock..LouisvilleMemphis. _NashvilleCincinnati

Net demand deposits

Demanddeposits,


mentdeposits1

1,979,668402,502

2, 382,170

422,47220,9842,616

340,003241,99261,20177,72323,1877,929

49, 79328, 59327,32732,93723,05071,08417,69241,2007,719

66,86727,45112,1581,911

37,48723,87025,04443,395

Due tobanks, net2

204, 56247,921

252,483

18,477

44.81433,1765,8821,6702,417

9282,1822,006

2,21917,688

1,8231,3167,605

36394

4613,365

1,360

Total

2,184,230450,423

2,634,653

440,94920,9842,616

384.817275,16867,08379,39325,6047,929

50,72130,77529,33332,93725,26988, 77217,69243,0239,035

74,47227,81412, 2522,372

40,85223,87025, 04444, 755

Timedeposits

507,995131, 702

639, 697

185, 33011,9925,821

115,616105,64337,08349,17013,3806,863

30, 70124,30424, 36718,1421, 795

29,4917,139

16,98413,82136,04414, 0307,1812,093

28,82518, 05223, 89718,064

Net de-mand

plus timedeposits

2, 692, 225582,125

3, 274,350

626,27932,9768,437

500,433380,811104,166128,56338,98414,79281,42255,07953, 70051,07927,064

118,26324,83160,00722,856

110,51641,84419,4334,465

69,67741,92248,94162,819


Required

299,19062,506

361,696

49,6552,458

43641,95030,6867,8219,4142,962

9995,9933,8073,6643,8382,5819,7621,9834,8121,3188,5293,2021,441

3004,9502,9283,2215,018

Held

289,63863,514

353,152

51,8472, 512

44243,10431,0188,1949,3212,7131,0225,8313,8843,6823,7272,7017,1481,9785,0771,1878,9213,2621,803

3384,7132,7103,3915,413

Excess 3

-9,5521,008

-8,544

2,192546

1,154332373

- 9 3-249

23-162

7718

-111120

-2,614- 5265

-13139260

36238

-237-218

170395

Ratio ofrequired

rsserves tonet demandplus timedeposits

(per cent)

11.1110.74

11.05

7.937.455.178.388.067.517.327.606.757.366.916.827.519.54a 257.998,025.777.727.657.416.727,106,996.587.99

fcO

g3

B


Cleveland ,.ColumbusToledoIndianapolis. __ . _ChicagoPeoriaDetroitGrand RapidsMilwaukeeMinneapolis. __St. PaulCedar RapidsDes MoinesDubuqueSioux CityKansas City, MoSt. JosephSt. LouisLincolnOmahaKansas City, KansTopeka .._ . .WichitaHelenaDenver,. .PuebloMuskogeeOklahoma City__.TulsaSeattleSpokane. . . .PortlandLos AngelesOakland iSan Francisco _ . . .OgdenSalt Lake City


Total all reserve cities..____..,.__COUNTRY BANKS

MaineNew Hampshire..VermontMassachusettsRhode IslandConnecticut


36,25751,1314,13848,32035,39714,147151,91612,57088,67798,43959, 6048,85225, 2623,75310,96773, 2958,746

115,17015, 65051,4844,83411,91120,6043,49573.3896,6865,655

43,04262,68769,63712,42353,826

248, 59418,178

315, 2384,22417,989

3, 621,872

6, 004,042

36,19739,93919, 376

212,01723, 892143, 745475, 216

1,645865369

3,926

1,2861,874

10,00718,0095,1314,7673,416

3,46119,2823,65413, 5224,8389,1961,8611,3082,950529

83

9671,3951,187689

1,048

2,28910, 0362,3262,405

282,167

534, 650

211642140

2,23988473

3,793

37, 90251, 9964,50752, 24635, 39715,433153, 79012, 57098,684116,44864, 73513, 61928,6783,75314,42892,57712,400128, 69220,48860,6806,69513,21923, 5544,02473, 3896,7695,65544,00964,08270,82413,11254,874

248, 59420, 467

325, 2746, 550

20, 3943, 904, 039

6, 538, 692

36,40840, 63119, 516

214, 25623, 980144, 218479,009

44, 22812,1595,07813, 49862, 78113; 45180,1277, 42851,02160,31434,1888,24313,4606,6438,34710, 0256,11756,1814,10017, 5173,3212,1687,3472,176

48, 7365, 3845,518

27, 31228,43632,77411,10359, 213

430,4316,216

507, 9761, 3658, 363

2, 548, 573

3,188, 270

91, 79122,32642, 658218, 93815,97189, 774

481,458

82,13064,1559,585

65, 74498,17828,884

233,91719,998149,705176,76298,92321,86242,13810,39622,775102,60218,517184,87324,58878,19710,01615,38730,9016,200

122,12512,15311,17371, 32192, 518103, 59824, 215114,087679,02526, 683

833, 2507,915

28, 7576,452, 612

9, 726,962

128,19962,95762,174433,19439, 951

233, 992960,467

5,1175, 564603

5,6295,4231,94717, 7831,480

11, 39913,4547,4991,8093,272575

1,6939,5581,42414,5552,1726, 594769

1,3872,576468

8,801838731

5,2207,2618,0661,6447,264

37, 7722,233

47,767696

2,290466,861

828, 557

5,3023,5142,64621,5662,158

12, 78847,974

4,7525,398571

5,0865 5552^00917,2451,28011,34210,0457,6291,4443,990670

1,7659,5571,43715,0902,4486,613813

1,3932,400386

9,028878487

5,6827,4868,5871,8157,18739,1162,238

48,657692

2,368469, 057

822, 209

5,7683,7563,12022,3212,265

12, 76149,991

-365.-166-32-56313262

-538-200-57

-3,409130

-1657189572-11353527619446

-176-8222740

—244462224521171-77

1,3445

890-478

2, 196 ;

- 6 , 348

466242474755107-27

2,017

6.238.676.298.585 526.747.607.407.617.617.587.367.765 53f. 439.3f7.697.878.838.437.689.018.347.547.216.906.547.327.857.796.796.375 568.375.738.797.967.24

8752

4.145.584.264.985.405.474.99



TABLE NO. 58.-—Reserve computation of national banks at date of each call during year ended October 81, 1929—Continued

OCTOBER 4,1929—Continued


Banks in—


New York _New JerseyPennsylvaniaDelawareMaryland


VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFloridaAlabamaMississippiLouisianaTexas.ArkansasKentuckyTennessee


OhioIndianaIllinois .MichiganWisconsinMinnesota <.______

Net demand deposits

Demanddeposits,


mentdeposits *

446,458345,515472,29610,05030, 777

1, 305,096

95,79069,22538,79234, 70328,37547,47263,23636,81740,050327,440

65,047

946,505

213,281131, 608234,362

94,57890,195

Due tobanks, net

7,5171,1391,709

7114

10,486

1,1931,4561,049

195462701829981

3,7821,878

3642,179

15,999

1,9098,906

3822,6762,433

Total

453,975346, 654474,005

10,057

1, 315, 582

96,72070,41840,24835, 75228, 57047, 93463,93737,64641,031

331, 22240,86765,41162,748

962, 504

214,070133, 517243, 268100,15197,254

Timedeposits

679,179490,044916, 5279,43277, 225

2,172,407

133,10976, 37644,69149, 92726,65050,11149, 78433,46319, 36671,90030,09067, 55167,268

720, 286

204,103136, 210239, 698177,725150,142145,795

Net de-mand

plus timedeposits

1,133,154

1,390,53219,489108,116

3,487,989

229,829146, 79484,93985,67955,22098,045113, 72171,10960, 397403,12270,957132,962130,016

1, 682, 790

418,173269, 727482,966277,876247,396238,423


Required

52,15438,96760, 676

9874,479

157, 263

10, 7647,2214,1584,0012,7994,859

3,6393,453

25, 343

6,6056,410

21,10813,43224,22012,34211,31210,858

Held

53,98639,46462,271

980, 4,964

161,665

11,5707,6864,5593,6723,1974,906

3,9203,80327,4404,199

7,360

95,493

21,60214,21425,23612,89711,30311,855

Excess 3

Ratio ofrequired


plus timedeposits

(per cent)

1,832497

1,595—7485

4,402

465401

-32939847

320281350

2,097436287950

6,509

494782

1,016555- 9997

4.604.664.365.064.14

4.51

4.684.924.904.675.074.965.255.125.726.295.304.974.93

5.29" -=' •=•:•;

5.054.985.014.444.574.55


Iowa - . .Missouri ._ _ _ _ ._

Total Middle Western States...

North DakotaSouth DakotaNebraska.. -KansasMontanaWyoming - _ -.ColoradoNew MexicoOklahoma ._ -


WashingtonOregonCalifornia _ _ _ _ _ _I d a h o - •__ _ _ _ _ _ _Utah .NevadaArizona _


Alaska (nonmember banks)The Territory of Hawaii (nonmember bank)

Total (nonmember banks)—. _ ___

Total country banks _

Total United States

93, 50253,947

1, Oil, 242

39,49837,65144,982

101,93442,29920,51552,25221,146

121,803

482,080

76,18448,953

151, 24923,0593,5939,460

17,449

329,947

2,75111,133

13,884

4, 563,970

10, 568,012

1,6631,751

20, .509

154442

1,3181,748

30195

1511

1,256

5,169

19796

3,7586959

225

4,404

15461

476

60,836

595, 486

95,16555, 698

1,031,751

39,65238,09346, 300

103, 68242, 32920,71052, 26721,157

123, 059

487, 249

76, 38149,049

155, 00723,1283,6529,685

17,449

334, 351

2,76611, 594

14, 360

4, 624.806

11,163,498

96, 83438, 940

1,189, 447

38,86329,71635,08643,16436,34313, 70135,9158,233

45,296

286, 317

57, 72231, 278

119,43316, 2525,0818,579

10, 999

249, 344

1,93312, 289

14, 222

5,113. 481

8, 301, 751

191, 99994, 638

2, 221,198

78, 51567, 80981,386

146, 84678,67234,41188,18229,390

168, 355

773, 566

134,10380, 327

274, 44039, 3808,733

18, 26428,448

583, 695

4 4, 699* 23, 883

4 28, 582

9, 738, 287

19, 465, 249

9,5675,067

107,906

3,9413, 5584,2948,5534,0531,8614,7361,7289,973

42,697

7,0784,372

14,4342,107

408935

1,551

30, 885

7033,516

4,219

479, 928

1, 308, 485

10,1635,397

112, 667

4,4123,8204,6149,2894,2022,0275,0901, 861

10,800

46,115

7,3964,539

15, 3342,083

430980

1,525

32,287

« 1, 274« 4, 985

« 6, 259

504, 477

1, 326, 686

596330

4,761

471262320736149166354133827

3,418

318167900

- 2 42245

—26

1,402

5711,469

2,040

24,549

18,201

4.985.35

4.86

5.025.255.285.825.155.415.375.885.92

5.52

5.285.445.265.354.675.125.45

5.29

15.0015.00

14.76

4.93

6.72

1 Exclusive also of certified, cashiers' and dividend checks outstanding, and of letters of credit and travelers' checks sold for cash and outstanding.2 Combined excess of amounts due to banks over amounts due from banks as shown by individual bank reports. When for a given bank amounts due from banks exceed

amounts due to banks, the excess due from can not be deducted in determining deposits on which reserves are computed, and for this reason amounts in this column do not agreewith the difference between aggregate amounts due to banks and due from banks. In this calculation the amounts due to banks include due to Federal reserve banks, bankers,and trust companies, certified ,cashiers\ and dividend checks outstanding, and letters of credit and travelers' checks sold for cash and outstanding; while amounts due from banksinclude items with Federal reserve banks in process of collection, amounts due from banks, bankers, and trust companies in United States, balances payable in dollars due fromforeign branches of other American banks, and exchanges for clearing house and other checks on local banks.

3 Deficiencies in reserves indicated by a minus (—) sign.* Gross deposits in nonmember banks and from which have been taken lawful deductions allowed before computing required reserve.« The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.

S

o

o• 3

34


416 BEPOBT OF THE COMPTROLLEB OF THE CUBBENCX

TABLE N O . 59.—Aggregate resources and liabilities of national banks from February,1920, to October, 1929

1930


Feb. 28(7,933

banks)

May 4(7,990

banks)

June 30(8,030

banks)

Sept. 8(8,093

banks)

Nov. 15(8,123

banks)

Dee. 29(8,130

banks)

EESOURCES

Loans and discountsOverdraftsCustomers' liability under letters of credit..Customers 'liability account of acceptances.United States Government securities

owned __Other bonds, securities,etcStocks, other than Federal reserve bank

stockStock of Federal reserve banksBanking houseFurniture and fixturesOther real estate owned.Lawful reserve with Federal reserve banks_Items with Federal reserve banks in proc-

ess of collection _Cash in vault. _ . . .Net amount due from national banksNet amount due from other banks, bank-

ers, and trust companiesExchanges for clearing houseChecks on other banks in the same place..Outside checks and other cash itemsRedemption fund and due from United

States TreasurerInterest earned but not collectedOther assets.,.,.-

Total.

LIABILITIES

Capital stock paid in__Surplus fundUndivided profits, less expenses and taxes

paid ,Interest and discount collected but not

earned..Amount reserved for taxes accruedAmount reserved for all interest accrued __.National-bank notes outstandingDue to Federal reserve banks-.Net amount due to national banks __Net amount due to other banks, bankers,and trust companiesCertified checks outstanding _C ashiers' checks outstandingDemand depositsTime depositsUnited States deposits

Total deposits. _United States Government securities bor-

rowed.Other bonds borrowed __Securities (other than United States or

other bonds) borrowed _Bills payable, other than with Federal re-

serve banksBills payable with Federal reserve banks..State bank circulation outstandingLetters of credit and travelers' checks out-

standing. ,_. _Acceptances ,Time drafts outstanding „Liabilities other than those above stated. _

Total

Liabilities for rediscounts, including thosewith Federal reserve banks.

11,994, 523 12,288, 582 12,396, 900 12, 415, 762 12,311, 514 12,095,29519, 2157,518

410,679

16,4065,759

425,390

16,4810,218

416,417

17, 5458,710

398,661

19,2770)

384, 619(0

354,1842,459,424 2,375,801 2,269,575 2,175,019 2,152,465 2,131,5731,859,231 1,835,089 1,802,196 1,805,579 1,833,086 1,864,758

48,64662,967

305,91240,90844,741

1,286, 290

437,860376, 751

1,296,428

345,961435,61569,01065,844

43,19448,223

203,600

48,66264,153

311, 71542,98143,975

1,

454, 726456,283

1,121,415

316, 882552,05268,979

38, 21345, 681

194, 472

49,40765,287

315,73544,25944,960

1, 245, 233

482f 109450,351

1,072,222

321, 637766, 21578,35079,261

38,90248,005184,017

51, 73266,850322, 73246,39445,931

1,230, 282

493,215471, 546

1,110,772

313,451511,37562,829

41,33250, 535180, 829

52,46868,273332,18349,24745,922

1, 218,007

530,490448,037

1,076,050

298,913796, 09878,04576,548

39,45948,251222,961

, 57,19168, 505336,90150,82446,966

1,184,736

422,602494,400942,174

565, 399620,94553,75256,877

38,37651, 252224,093

21,862, 540 22,038, 714 22,196,737 21,885,480 22,081,913 21,367,799

1,182, 082944,126

404,443

66, 70142,55016,052

687, 57514, 261

1, 249,673

1,214,769

437,701

71,04743, 69719, 765

1,224,166 1,248,271

19, 0391,084, 437

411,525

73, 54546,34315,375

688,17819,161

1,017,141

459,139

74,51751,19017,905

693, 27021, 316

1,076,101

1, 269,9301,016,522

483,801

74, 56051,06622,155

697,88624,086

1,046,908

1, 272, 2911,019,928

495, 722

73,07546,51621,950693,91917,900

938,053

2,044,459 1,836,103 1,807,718 1,694,249 1,577,579 1,589,76771,647 165,976 174,802 136,644 237,839 178,584213,801 169,880 255,486 174,259 208,055 204,318

10, 044,189 10,123, 428 10, 219,824 10,035,636 10,098,884 9, 505,1753,259,178 3,410,480 3,485,501 3,560,298 3,621,112 3,631,837

67,914 115,200 175,788 53,453 147,239 212,12316,965,122 16,924, H& 17,155, ffl 16,751,95616,961, 70216,277,757

116, 2125,847

55,986912,09;

58

7,498424,669

1,08728,544

123, 2434,620

1,526

98, 281952, 624

58

26, 745438, 430

1,15131, 456

130,9604,608

115, 457876,095

58

11,149431,198

83125,443

136,9143,823

129,968879,368

58

8,602414,583

15318,835

131,3094,675

196

154,184783,242

58

6,371406,525

24517,486

140,5514,399

151,775759,247

58

5,565375,416

10329, 522

21,862,540 22, 038, 714 22,196,737 21,885,480 22,081,913 21,367, 799

1,096, 500 1, 214,174 1, 214, 516 1,290,304 1,453,207 1,431,641

* Since Sept. 8,1920, letters of credit included with loans and discounts.


BEPORT OF THE COMPTROLLER OF THE CURRENCY 417

TABLE NO. 59.—Aggregate resources and liabilities of national banks from February,1920, to October, 1929— Continued

1921


Feb. 21(8,143

banks)

Apr. 28(8,152

banks)

June 30(8,154

banks)

Sept. 6(8,155

banks)

Dec. 31(8,169

banks)

RESOURCES

Loans and discounts 2

OverdraftsCustomers' liability account of acceptances.United States Government securities

ownedOther bonds, stocks, securities, etc.Banking house, furniture, and fixturesOther real estate owned.Lawful reserve with Federal reserve banks.Items with Federal reserve bank in process

of collection _.Cash in vault _Amount due from national banks—„Amount due from other banks, bankers,

and trust companiesExchanges for clearing houseChecks on other banks in the same place--Outside checks and other cash itemsKedemption fund and due from United

States TreasurerOther assets

Total

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes

paidNational-bank notes outstandingDue to Federal reserve banksA mount due to national banksAmount due to other banks, bankers, and

trust companiesCertified checks outstandingCashier's checks on own bank outstandingDemand depositsTime depositsUnited States deposits

Total depositsUnited States Government securities

borrowedBonds and securities (other than United

States) borrowedBills payable, other than with Federal

reserve banksBills payable with Federal reserve banks.Letters of credit and travelers' checks

outstanding..- _Acceptances executed for customers and

to furnish dollar exchange less those pur-chased or discounted

Acceptances executed by other banks• Liabilities other than those stated above._

Total „ .-

Liabilities for rediscounts, including thosewith Federal reserve banks _.

11, 680,83712, 360

330,023

2,047, 2341,980,825

390,76047,651

1,128, 517

334, 722397, 773

3 901, 201

3 216,957473, 208

46, 01646,066

37,101236, 400

11,367,07410, 770

282,478

2, 001,8111,990,970

399, 03852,398

1, 077,155

313, 385402, 223

» 752, 934

3 218,797390,465

37,10139, 789

35,600198, 711

11,125,0999,970

238,287

2,019,4972,005, 584

410, 39251,742

1,040, 205

328, 002374, 349756,861

259,656656, 093

60,47861,238

36, 290204, 703

10,977,61412, 355

202, 354

1.861,9771, 973, 749

421, 02752,939

1.029,978

305,469357, 798

231,044467,845

54,97355, 242

35,845165, 274

20, 307, 651 19, 570, 699 19, 638,446 19, 014,102

1, 273, 2051, 029,406

560, 540684, 366

14, 7133 887,018

3 1, 501, 563122, 386166, 202

8,960, 5933,712,430

113, 44915, 4.78,854

121,895

123,169658, 283

5,726

4 345,644

23,403

1, 271,3831, 024, 761

521,164679, 577

16, 5113 751, 749

3 1, 337, 072108, 338162, 735

8, 601,7873, 698, 518

175,149

14,851,859

130,785

4,086136, 923585,023

5,317

287,17717,05455, 590

1, 273, 8801, 026, 256

496,155704,147

18, 678699, 705

1, 432, 628147, 003189, 647

8, 709,8253, 695, 806

249,03915,142, 331

100, 324

2,830

140,195452,368

6,188

239,68211, 24342, 847

1, 276,1771,027, 373

538, 784704,668

16, 068757,985

1, 343, 245124,870175, 243

8, 352, 7563, 680, 704

109,981

14, 560,852

84, 847

3,230133,836417,859

4,976

206, 50711,67343, 320

20, 307, 651 19, 570, 699 19,638, 446 19, 014,102

1,144, 077 989, 556 879, 416 705, 078

10,981,7839,949

200,663

1,975,8982,081, 442

429,92954,368

1,143, 259

349, 911341,811863, 508

437, 75069,23662,209

36, 697152,921

19, 420,136

1, 282,4321, 033,406

464, 782717,473

18,882779,783

1, 467, 22156,061

208, 7958 606 9433, 749, 328

188,089

15, 075,102

66,923

5,740114,434381,889

3,951

202,37816,55855,068

19, 420,136

523, 606

2 Includes customers' liability under letters of credit.3 Prior to June 30, 1921, this item called for "Net amounts."4 Includes acceptances executed by other banks.



TABLE NO. 59.—Aggregate resources and liabilities of national banks from February,1920, to October, 1929—Continued

1923


RESOURCES

Loans and discounts (including redis-counts)2 _

Overdrafts _Customers' liability account of acceptances.United States Government securities

ownedOther bonds, stocks, securities, etcBanking house, furniture and fixturesOther real estate ownedLawful reserve with Federal reserve banks _Items with Federal reserve banks in process

of collectionCash in vaultAmount due from national banksAmount due from other banks, bankers,

and tiust companiesExchanges for dealing houseChecks on other banks in the same place..Outside checks and other cash itemsEedemption fund and due from United

States Treasurer _Other assets._.

Total

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes

paid...National-bank notes outstandingDue to Federal reserve banks.Amount due to national banksAmount due to other banks, bankers, and

trust companiesCertified checks outstandingCashier's checks outstandingDemand deposits.Time deposits (including postal savings)...United States deposits

Total depositsUnited States Government securities bor-

rowedBonds and securities (other than United

States) borrowedBills payable (including all obligations

representing borrowed money other thanrediscounts)

Notes and bills rediscounted (includingacceptances of other banks and foreignbills of exchange or drafts sold with in-dorsement)

Letters of credit and travelers' checks out-standing

Acceptances executed for customers andto furnish dollar exchange less those pur-chased or discounted . ._

Acceptances executed by other banksLiabilities other than those stated above. . .

Total

Mar. 10(8,197

banks)

May 5(8,230

banks)

V

11, 282, 57911, 295

169, 887

2, 031, 5642, 086, 596

440,29657, 598

1,124, 707

312, 900336,065987, 816

248, 578481, 368

38, 20741, 205

36, 507163, 234

19, 850,402

1, 289, 5281,036,184

508, 500719, 57017,641

962,140

1, 560, 920174, 469175, 632

8, 446, 5303, 837, 759

215, 34715, 390, 438

53, 722

6,103

275, 089

323, 737

4,719

171, 33213, 86957, 551

19,850, 402

11,184,11610, 227

168, 935

2,124, 6912,162, 587

444, 36862, 531

1,150,885

330,917334, 504974, 375

244, 707681, 26945, 21544, 053

36, 823176, 445

20,176, 648

1, 296, 2201,040,249

522, C58720, 98421,213

936, 399

1, 657, 409190, 877193, 763

8, 707, 2013,918, 282

141,844

15,766,988

46, 225

3,058

248, 681

285, 940

5,050

170,13214, 74855, 715

20,176, 648

June 30(8,249

banks)

11,248, 2149,198

176, 238

2, 285,4592, 277, 866

452, 43464,383

1,151, 605

326,181974,975

267,050767,096

63, 39464, 928

36, 767184, 556

20, 706,010

1, 307, 2161, 048,806

492, 434725, 74819,852

916,740

1, 565, 459205, 682245,091

9,152, 4154, 111, 951

103, 374

16,320, 564

42, 475

2,897

228,481

280, 271

8,256

172, 88716, 49459,481

20, 706, 010

Sept. 15(8,240

banks)

11,236,02512,141

171,190

2, 402,4922, 289, 782

459,02067, 789

1,232,104

418, 923331,951

1,063,695

299,541614,771

54,62363,112

36, 656172, 284

20,926, 099

1, 307,1221, 042,197

539, 047726, 78926,472

1, 031, 648

1, 582, 444164,427208,991

9, 270, 3784,169, 220

145,182

16,598, 7m

38,104

2,990

181, 765

247, 559

165, 71517, 65451, 756

20, 926, 099

Dec. 29(8,225

banks)

11,599,66813,045

208, 465

2,656,5602,347,479

470, 64475,178

1,220, 847

455, 792391, 840

1,065, 820

316,966777,57270,08862,221

36, 825205, 947

21,974,957

1,317,0101,075,545

528, 924723,81928,109

1,035,961

1,691,307218,464287, 733

9, 535, 9954,318, 736

304,176

17,420,481

34,615

2,948

310,781

262,421

4,889

199,84423, 63170,049

21, 974,957

2 Includes customers' liability under letter of credit.


REPORT OF THE COMPTROLLER OF THE CURRENCY 419TABLE NO. 59.-—Aggregate resources and liabilities of national banks from February,

1920, to October, 1929—Continued

1933[In thousands of dollars]

RESOUECES

Loans and discounts (including rediscounts)2

Overdrafts. _Customers' liability account of acceptancesUnited States Government securities owned..Other bonds, stocks, securities, etc_ _ _Banking house, furniture and fixtures _ _Other real estate ownedLawful reserve with Federal reserve banks. „Items with Federal reserve banks in process of collection-Cash in vaultAmount due from national banks __ .-.Amount due from other banks, bankers, and trust com-

panies _Exchanges for clearing houseChecks on other banks in the same place_Outside checks and other cash itemsEedemption fund and due from United States TreasurerOther assets ._

Total

LIABILITIES

Capital stock paid in.__ _Surplus fund __Undivided profits, less expenses and taxes paid...National-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and trust com-

panies.. _Certified checks oustandingCashiers' checks outstanding....Demand depositsTime deposits (including postal savings) _ _ _United States deposits

Total deposits:United States Government securities borrowedBonds and securities (other than United States) bor-

rowedBills payable (including all obligations representing

borrowed money other than rediscounts)Notes and bills rediscounted (including acceptances of

other banks and foreign bills of exchange or draftssold with indorsement)

Letters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish

dollar exchange less those purchased or discounted. _.Acceptances executed by other banks _Liabilities other than those stated above _ _

Total

Apr. 3(8,229

banks)

11,667,95911, 662

202, 8262, 694, 2072,346,915

479, 58082,139

1,179,500424,620359,147

1,033,749

300,990526, 22457, 39653, 942

154,962

21, 612, 713

1,319,1442,067,652

486,172728,076

26, 5171,015, 525

1, 644, 488148, 477176,155

9,180, 6244, 580, 216

264, 27917,036, 281

34, 080

4,161

370,165

290,4675,542

200, 87326,14443, 956

21,612, 713

June 30(8,241

banks)

11,817,67110,430

187,1312, 693,8462,375,857

493,32487,133

1,142,736396, 911291,108910,014

295,660486,38368, 28371, 57837,108146, 643

21, 511, 766

1,328, 8911,070, 616

476, 205720,00124,194

838, 227

1, 546, 77754,123

199, 064

4, 755,162192,135

16, 897,980

34, 952

2,977

370,921

352,8018,569

172, 20830,40945, 236

21, 511, 766

Sept. 14(8,239

banks)

11,934,55612,950

153,4852,602, 7622,398, 304

504, 73186, 412

1,169, 345463, 456361,485960, 769

292,974481,58549,56059,40636,934144,162

21,712,876

1, 332,3941,068,320

523,010731,479

29,763905,104

1, 510, 573130, 547167,157

9, 331, 3684,864, 369

101,64917, 040,580

2,750

352,995

400, 7997,503

145, 78618, 89751, 430

21, 712, 876

Dec. 31(8,184

banks)

11,876,56210,470

207,4382, 566,8512,477,843

512,91093,881

1,180,838460,173

1,029,342

319,992925,97985,07973,65636, 746

161,940

22,406,128

1,325,8251,068,350

473, 970725, 94926,965

920,239

1,648,607186,434347,629

9, 593,1194,948,019

157,84917 y 828,861

38,287

3,038

324,166

333,8965,475

204,43217,63056,231

22,406 128

2 Includes customers' liability under letters of credit.


420 BEPOET OF THE COMPTROLLER OF THE

NO. B9.~~-Aggregate resources and liabilities of national banks from February,1920, to October, 1929—Continued

1934


Mar. 31(8,115

banks)

June 30(8,085

banks)

Oct. 10(8,074

banks)

Dec. 31(8,049

banks)

RESOURCES

hmns and discounts (including rediscounts) *Overdrafts. - „ . _ mmw.Customers' liability account of acceptances0ai]bed States •Government securities ownedOther bonds, istocks, securities, etc ._._..Banking house, furniture and fixturesOther real estate owned.. ..£/aw£ul reserve with Federal reserve banks.Items with Federal reserve banks in process of collee-

tion.C&sb. in vault ..._.-. ..Amount due from national banks....Amount due from other banks, bankers, and trust com-

panies , ------Exchanges for clearing house.Ckeeks on other banks in the same placeOutside checks and other cash items .^Redemption fund and due from United States Treasurer.Other assets

11,952,28710,815202,572

2,494,3132, 511, 637525,335100, 098

1,160, 766

379,307342, 969

11,978,72810,075

2,481,7782,660,550532,728104, 630

1,198, 670

397, 340345, 219

283, 386842, 71967,08356,42037,167157, 210

345, 020925, 56875,92569, 68737,129167, 280

12,210,14812, 242145,666

2, 579,1902,897,040541,852107,459

1,303,631

427, 894360,101

1,412,807

439,356575,36053,87152,89836, 726166, 820

Total . 22, 062, 888

LIABILITIES

Capital stock paid in.. _Surplus fund „Undivided profits, less expenses and taxes paid'Reserved for taxes, interest, etc., accured.N-ational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and trust com-

1, 335, 5721,073,363

507,905

22, 565,919

1, 334, 0111,080, 578

501, 656

23, 323,061

1, 332, 5271,074,268

556,792

Certified cheeks outstandingCashiers' checks outstanding,3>emand depositsTime deposits (including postal savings)United States deposits

Total deposits ^ _.United States Government securities borrowedBonds and securities (other than United States) bor-

rowedBills payable (including all obligations representing


other banks and foreign bills of exchange or drafts soldwith indorsement)

iLetters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish

dollar exchange less those purchased or discounted...Acceptances executed by other banksLiabilities other than those stated above

726, 48325, 328

886, 435

1, 653, 347187, 704261, 785

9, 292,1275,108, 970

183,00017,598,696

35,684

2,532

271, 6456,225

193, 24025, 45547,200

729,68626, 445

1,035, 000

1, 759, 556226, 714323, 621

9, 593, 2505, 259,933

123, 31818, 847, 8S7

32, 542

2,565

143,847

196, 7789,456

131,41117, 38138,171

728, 53027, 342

1,338, 309

1, 933, 857147, 404217, 231

9, 795, 5805,460,677

19,108,79828,729

3,581

123,611

170,4196,135

140, 57418, 43535,662

TotaL. 22, 062, 888 22, 565,919 23, 323, 061

12,319,6809,802

244,7282, 586, 697a, 075,999

551,371108.966

1,394,386

486,933409,566

1,349,850

431,043996,61585,22570,63536,310

223,466

24, 381, 281

1, 334, 8361,088,880

442,48460, 784

714.84483,188

1, 239,923

2,029,671184,363415,260

10, 363, 2505, 581, 287

153, 269W, 000, BOS

28,930

3,405

202,304

196,3966,124

235, 232.26, 56440,290

24, 381, 281



REPORT OF THE COMPTROLLER OF THE CURRENCY 421TABLE N O . 59. -«Aggregate resources and liabilities of national banks from February,

tno, to October, 1929— Continued

1925


Apr. 6(8,016

banks)

June 30(8,072

banks)

Sept. 28(8,085

banks)

Dec. 31(8,054

banks)

B£SOURCES

Loans and discounts (including rediscounts) 2_Overdrafts ,.Customers' liability account of acceptances.United States Government securities ownedOther bonds, stocks, securities, etc _ _ _Banking house, furniture and fixtures _Other real estate ownedLawful reserve with Federal reserve banksItems; with Federal reserve banks in process of collection.Cash in vault_ _„., _Amount due from national banksAmount due from other banks, bankers, and trust com-

Exchanges for clearing house__ ___Cheeks on other banks in the same place- _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

12,468,83611,410

240,9622,614,1853,139,255

564,103112,481

1,273,274411,539361, 671

1,192,049

395, 655665,28867, 70854,54133,120

12,674,0679,352

176, 5832,536,7673,193,677

585,267111, 191

1,326,864466, 787359, 605

1,096,768

403,366988,294

80,72769,51733,038

238,993

13,134,46114,900

201,0832,512,0253,242,620

593,176114,677

1, 324, 326456,666362, 341

1,120,925

Total. 23, 832, 463 24, 350, 863

733,81658,32654,09432,876

219, 346

24,569,527

13,535,27810,554

277,5132,522,8103,252,016

606,474113,741

1,376,992572,090390,116

1,192, §48

425,5183,127,241

109,67971,32033,008

235,114

25,852,412

LIABILITIES

Capital stock paid inSurplus fundUndivided profits, less expenses and taxes paid___Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banks ,Amount due to other banks, bankers, and trust com-

panies. _Certified checks outstanding _.Cashiers' checks outstandingDemand deposits. _Time deposits (including postal savings)United States deposits _

Total deposits . „United States*Government securities borrowedBonds and securities (other than United States) bor-

rowedAgreements to repurchase United States Government

or other securities sold :._.Bills payable (including all obligations representing


other banks and foreign bills of exchange or drafts soldwith indorsement)

Letters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish dol-

lar exchange less those purchased or discountedAcceptances executed by other banksLiabilities other than those stated above _

1,361,4441,106,544

490,45760, 224

649,44729, 323

1,147, 628

1, 839,935197, 508204,447

9,923,2435,785,211

255, 65219,382,947

21, 747

3,821

219,198

226, 5976,537

232, 76129,50241, 237

1, 369,4351,118,928

481, 71160,078

648,49430, 740

1, 028,168

1,827,492224,089336,167

10,430,2545,924, 658

108,10119,909,669

21,684

3,530

3,413

245,107

233,87412,127

164, 56928,77349, 471

Total _ 23,832, 463 24, 350, 863

1, 375, 0091,125,495

543,56469,792

649,22131, 820

1, 068,420

1,766, 708251,505214,594

10,427,5445,994, 374

175,09719,930,062

24,479

3,976

4,057

316, 627

245,5379,065

191,87328, 54252, 228

24, 569, 527

1,379,1011,166,601

476,20759,170

648,46138,321

1,076,397

1,897,555261,813414,856

11,151,1266,047,370

193, 22221,080,660

32, 718

3, 625

1,984

384,377

264,5057,525

257,92939,59549,954

25, 852,412




TABLE NO. 59.—Aggregate resources and liabilities of national banks from February,1920, to October, 1929—Continued

1926


Apr. 12(8,000

banks)

June 30(7,978

banks)

Dec. 31(7,912

banks)

RESOURCES

Loans and discounts (including rediscounts)2 _ -.Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture, and fixtures _Other real estate owned _._ _. _Lawful reserve with Federal reserve banksItems with Federal reserve banks in process of collection _Cash in vaultAmount due from national banksAmount due from other banks, bankers, and trust companies..Exchanges for clearing houseChecks on other banks in the same placeOutside checks and other cash itemsRedemption fund and due from United States TreasurerUnited States Government securities borrowedBonds and securities, other than United States, borrowedOther assets _

13,301,30610,953

2,540,8233, 269,027

265, 066621, 825113, 987

1, 288, 664487, 345367, 573

1, 062, 811

774, 98983, 09568, 80932,905

215, 555

13, 417, 6749,719

2, 469, 2683, 372, 985

232, 460632,842115, 869

1, 381,171501, 409359, 951

1, 080, 617400,822899, 90197,17969, 31633, 02324, 4423,173

213,803

TotaL 24, 893, 665 25, 315, 624

LIABILITIES

Capital stock paid in _Surplus fund ._ _Undivided profits, less expenses and taxes paid _Reserved for taxes, interest, etc., accruedNational-bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and trust companiesCertified checks outstandingCashiers' checks outstandingDemand deposits _Time deposits (including postal savings)United States deposits

Total depositsUnited States Government securities borrowedBonds and securities, other than United States, borrowedAgreements to repurchase United States Government or other

securities sold ._Bills payable (including all obligations representing borrowed

money other than rediscounts)Notes and bills rediscounted _ _Acceptances of other banks and foreign bills of exchange or drafts

sold with indorsement _Letters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish dollar exchange

less those purchased or discountedAcceptances executed by other banksLiabilities other than those stated above

1, 410,4341,188,704

500,51963,327

649, 45235, 785

987,3111, 779, 579

258, 034223, 885

10, 456, 6946,199, 806

234, 70420,175, 798

25, 6114,053

2,497

265, 590150, 731

107,9827,760

246,19939, 49355, 515

1, 412,8721,198,899

477, 58764, 618

651,15533, 794

979, 8141, 885,848

217,123

10, 778, 6036,313, 809

144,50420, 642,164

24, 4423,173

3,489

253, 807168,149

100, 65212, 880

221,13129,80150, 805

Total. 24,893, 665 25,315, 624

13,573,2759,332

2,282,5713,507,821

255,464644,880114,108

1,359,386543,268352,709

1,124,188423,766969,432117,26472,92832,81023,7873,299

273,561

25, 683,849

1,410,7231,216,979

477,21761,308

646, 44938,179

983,6611,816,955

219, 759365, 087

6, 533, 442138, 239

20,868, 99123,7873,299

18,485

391,593138,716

95,3497,778

250,36123,26854,546

25,683,849

8 Includes customers' liability tinder letters of credit.


EEPOET OF THE COMPTROLLER OF THE CURRENCY 423

TABLE NO. 59.—Aggregate resources and liabilities of national banks from February^1920, to October, 1929—Continued

1937[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)2

O verdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances __B anking house, furniture an d fixturesOther real estate ownedLawful reserve with Federal reserve banksItems with Federal reserve banks in process of collection.Cash in vault. _. _.Amount due from national banks _Amount due from other banks, bankers, and trust com-

Exchanges for clearing houseChecks on other banks in the same place.Outside checks and other cash itemsRedemption fund and due from United States Treasurer.United States Government securities borrowedBonds and securities, other than United States, bor-

rowed.. .Other assets

Total _

LIABILITIES

Capital stock paid in _Surplus fundUndivided profits, less expenses and taxes paid_._Reserved for taxes, interest, etc., accruedNational bank notes outstandingDue to Federal reserve banksAmount due to national banksAmount due to other banks, bankers, and trust com-

paniesCertified checks outstandingCashiers' checks outstandingDividend checks outstanding _Demand depositsTime deposits (including postal savings)United States deposits. _._

Total depositsUnited States Government securities borrowedBonds and securities, other than United States, bor-

rowedAgreements to repurchase United States Government

or other securities soldBills payable (including all obligations representing

borrowed money other than rediscounts)Notes and bills rediscounted...Acceptances of other banks and foreign bills of exchange

or drafts sold with indorsement _ _ —Letters of credit and travelers' checks outstandingAcceptances executed for customers and to furnish dol-

lar exchange less those purchased or discountedA eceptances executed by other banksLiabilities other than those stated above

Total .

Mar . 23(7,828

banks)

13, 647, G4012, 662

2, 652, 3673, 671, 313

246, 250

117, 5711, 400, 317

443,145373,905

1,026, 760

393,174626, 687

74, 30447,12632, 505

4,646247, 830

25, 699,147

1, 460, 4911, 239, 810

519, 67070, 409

642, 55835, 281

1, 764,982200,381201,921

10,430, 3417,056, 467

241,94520,912,209

17, 011

4,646

4,480

306, 20392,840

95,0359,812

242, 26517, 63664,072

25, 699,147

June 30(7,796

banks)

13, 955, 6969,788

2, 596,1783, 797, 040

253,131680, 218115,817

1, 406, 052496, 916364, 204

1,044, 653

426, 381947, 946101, 57489, 48032,91717, 721

3,826242, 405

26, 581, 943

1, 474,1731, 256, 945

508, 42170,326

650, 94636. 379

976,119

1,844,439223, 884315,106

10,923, 7297, 315, 624

139, 84321,775,123

17, 746

3,529

248, 018120, 024

111, 01015,449

248,18420, 35357,870

26, 581,943

Oct. 10(7,804

banks)

14, 366, 92614, 503

2, 675, 5423,941, 438

283, 589698, 516122,161

1, 413, 792502,036375, 251

1,125,872

459,842790, 49686, 47986, 83233, 07914, 780

2,948219, 742

27, 213,824

1, 499, 3841, 273, 029

571, 48278, 521

649, 88636,107

1,076, 860

1, 894, 696281, 479227, 217

10,924,3117, 590,944

255, 62422, 287,238

14, 787

2,948

3,045235, 759

80, 571

157, 42210,684

278,96718, 44451, 657

27,213,824

Dec. 31(7,765

banks)

14,831,25910, 313

2,747,8544,151,944

369,855700, 337122, 885

1, 509, 253520, 399361, 376

1,177, 334

473, 881675, 661106,281

• 106,36333,30620, 743

3,550241, 625

28,164, 219

1, 528, 5091, 314, 438

530, 75376, 451

650, 37339, 381

1,045,133

2,110,93368, 569

358, 41029, 620

11, 230, 0477, 808, 437

169, 47322, 860,003

20,967

3,550

12, 843410,149. 71,233

194, 5309,220

374,85214,50691,842

28,164, 219


79003°—30 28



TABLE N O . 59.—Aggregate resources and liabilities of national banks from February,1920, to October, 1929—Continued

1938


Feb. 28(7,734

banks)

June 30(7,691

banks)

Oct. 3(7,676

banks)

Dec. 31(7,635

banks)

RESOURCES

Loans and discounts (including rediscounts) »Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures..Other real estate owned _Reserve with Federal reserve banksItems with Federal reserve banks in process of collection.Cash in vault ._ _Amount due from national banksAmount due from other banks, bankers, and trust com-

paniesExchanges for clearing house _C hecks on other banks in the same place. _ _Outside checks and other cash items _Kedemption fund and due from United States Treas-

urer.Acceptances of other banks and bills of exchange or

drafts sold with indorsement _United States Government securities borrowedBonds and securities, other than United States, bor-

rowedOther assets

14,399,44712,156

2,900,8964,180,004

375,185712, 278123, 653

1, 457, 431454,166370, 228

1, 058, 531

427,247645, 73870,28676,918

32,849

15,144,99510,138

2,891,1674, 256, 281

414, 573721, 229125, 680

1,453,383448,182315,113

1, 020,320

417,465756,176106,789100,367

33,050

15,116,86015, 606

3,012,5844,104, 022429,034732,455122, 773

1,467,535567,942364,281

> 1,556,235

99,213

33,261

13,979

3,810258,885

17,877

3,358272,096

18,545

295,205

Total. 27, 573,687 28,508,239

Capital stock paid inSurplus fundUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued

and unpaidNational-bank notes outstandingDue to Federal reserve banks _.Amount due to national banksAmount due to other banks, bankers, and trust com-

panies _Certified checks outstanding __.Cashiers' checks outstanding _Dividend cheeks outstandingLetters of credit and travelers' checks outstandingDemand deposits _ ___Time deposits (including postal savings)United States deposits..

Total deposits a._United States Government securities borrowedBonds and securities, other than United States bor-

rowed...Agreements to repurchase United States Government or

other securities sold.Bills payable (including all obligations representing

borrowed money other than rediscounts)Notes and bills rediscounted...Acceptances of other banks and foreign bills of exchange

or drafts sold with indorsementLetters of credit and travelers' checks outstandingAcceptances executed for customersAcceptances executed by other banks. _Liabilities other than those stated above .. .

1,537,2141,330,096

558,647

1, 593, 8561,419,695

557,437

73,625646,656

33, 7321,008,175

1, 900, 773209,079244,182

1,192

83,753

35,618885,197

1,817,20278,943

307,62428,404

28,925,480

1,615, 7441,450,499

549,62458,055

81,464648,54849,745

2,843,472

10,826,3577,992, 213

63,37922,279,082

13,979

3,810

12,524

302,19992,499

208,86712,156

375,07517,121

110,137

11,003,7958,296,638

185, 916n, 639,387

17,877

3,358

7,217622,108179,077

227,74517,. 934

411,76319,17358,814

12,38911,073,1558,310,891

113,333£8,005,811

\ 18,545

35,591

]• 707,581

222, 508

420,75426,13385,123

315,270,63111,638

3,008,7234,118,595

531,305730,182123,050

1,496,316

388,129

4,184,693

116,187

33,426

329,764

20,472

217,045

30, 589,156

1, 616,4761,490,146

491.68185,360

66,609650,405

4,073,551

11, 780> 7218,306,938

186,170H, H7,830

20,472

75,165

785,309

329,764

524,72523,24882,416

Total _ 27, 573, 687 28, 508, 239 28,925,480 30, 589,156

1 Includes customers' liability under letters of credit.2 Excludes acceptances of other banks and bills of exchange or drafts sold with indorsement, shownseparately. *3 Letters of credit and travelers' checks sold for cash and outstanding have not been included with totaldeposits for calls prior to Oct. 3,1928.


REPORT OF THE COMPTROLLER OF THE CURRENCY 425TABLE NO. 59.—Aggregate resources and liabilities of national banks from February,

1920, to October, 1929—Continued

1939


Mar. 27(7,575

banks)

June 29(7,536

banks)

Oct. 4(7,473

banks)

BESOTJRCES

Loans and discounts (including rediscounts)l

Overdrafts _ _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture, and fixturesOther real estate ownedEeserye with Federal reserve banksCash in vaultDue from banksOutside checks and other cash items__Redemption fund and due from United States Treasurer. _Acceptances of other banks and bills of exchange or drafts sold with

indorsement. _Securities borrowed—Other resources

Total

LIABILITIES

Capital stock paid inSurplus fund __ _ ._Undivided profits—net_._Reserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and unpaidNational-bank notes outstanding. __Due to banks _Demand deposits -Time deposits (including postal savings)United States deposits

Total depositsAgreements to repurchase United States Government or other

securities sold_Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts sold with

indorsementAcceptances executed for customersAcceptances executed by other banks for account of reporting banksSecurities borrowedOther liabilities _

Total

14,849,92612,257

3, 096, 7603, 973, 995

472,486726, 267126,903

1,404, 528363, 491

3, 385, 66172, 29032, 786

247, 86735,425

221, 270

14,801,13010,193

2, 803,8603, 852, 675

397, 333747, 684118, 839

1, 344, 951

2, 569,09870,09532,740

164, 86620,186

208, 575

29,021, 912 27,440, 228

1,633, 2711, 528, 326

538, 74467, 27180,700

647,8483, 498, 397

10, 934, 9948,166, 596

272, 893

53,451703,812

247, 867473, 509

20,91835,425

117,890

1, 627, 8751, 479,052

487, 50480,83273,968

649,4522, 548, 482

10,504, 2688, 317, 095

228, 243

49, 660714, 507

164,866392, 623

18, 64820,18683,467

29,021,912 27,440, 228

14,961,87715,533

2, 704,8743, 741,014

484,728746,419121, 684

1, 320,427347, 362

2,970,19069, 92132,854

188,92521,929

196, 573

27,924,310

1, 671, 2741, 515, 241

555,87361,75986,475

641,1042,829,960

10, 568,0128,301, 751

202, 27421,901,997

41,690657, 572

188,925479, 931

20,61821,92979,922

27,924,310

i Includes customers' liability under letters of credit.


TABLE No. 60

ABSTRACT OF REPORTS OF CONDITION OF NATIONAL BANKSON DECEMBER 31, 1928, MARCH 27, JUNE 29

AND OCTOBER 4, 1929

(Arranged Alphabetically by States, Territories, and Reserve Cities)

(In Thousands of Dollars)

NOTE.—The Abstract of each State is exclusive of any reserve city therein

427



Abstract of reports of condition of national banks at date of each call during year endedOctober 81, 1929 {arranged by States and reserve cities)

ALABAMA


Dec. 31,1928

104 banks

Mar. 27,1929

104 banks

June 29,1929

103 banks

Oct. 4,1929

104 banks

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts _ .__United States Government securities owned Ôther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures.-.Other real estate owned-.. _Reserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash items.-. .Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts sold

with indorsementSecurities borrowedOther assets

Total. _ _

LIABILITIES

Capital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks *__Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsAgreements to repurchase United States Government or

other securities sold ._,Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold, with indorsementAcceptances executed for customersSecurities borrowed.__ -.Ôther liabilities -.

Total. _ .-

101, 014128

16,43521, 526

1,6775,2261,7647,1794,715

17, 777S07472

152

135

178,972

13, 5208,6623,080

516

2149,3227,281

73,26750, 6332,186

133,367

1,497

151,746

243

178,972

102, 611165

15, 77320,179

1, 5455,2471,8606,6444, 266

13,052311470

182

83

99, 54793

15,14720,126

1,4085, 5491,6836,2173,340

12,450417470

712

73

172,226 166,593

13, 5708, 7054,053

211

3529,3135,849

66,78250,1582, 557

125,346

1,0167,937

181,651

252

13, 5708,7283,771

373

4129,3075,388

57, 27150, 7252,831

116,215

15312,464

711,498

229

172,226 166, 593

99, 575298

13, 731.20,632

2,4195,4951,6626,2893,972

16,028387451

6211

81

171,642

13, 6208,7973,641

299

5778,8497,015

63,23649, 7842,763

122,798

249

6212,895

126

171,642

i Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.


REPORT OF THE COMPTROLLER OF TOE CURRENCY 429Abstract of reports of condition of national banks at date of each call during year ended

October SI, 19B9 {arranged by States and reserve cities)—Continued

ALABAMA—Continued

BIRMINGHAM


Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts __ _United States Government securities owned.Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowedOther assets , _.

53,77111

6,1624,8192,512

7283,948

8289,244

470217

1,1495

6,5394,5432,513730

3,4221,0618,086118218

51,3332

6, 5424,8052,521737

3,534657

7,557395217

Total.

90

£2,800

90 92

LIABILITIES

Capital stock paid in _SurplusUndivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks *Demand deposits _ _Time deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscountsSecurities borrowed _Other liabilities ...

4.4504,5502,113631

1104,3157,82133, 87320,162

31862,1U

4,276

78, 474

4,4504, 5502,537

275

4 3505,632

29,31619, 499

72765,1746,596

78, 392

4,4504,5502,526

387

2504,3314,13129,70819,873

427£4,139

7, 521

181

Total. 82, 800

238

78, 392

51,4171

6,7224,2632, 522

8863, 727

96911,971

25021725

107

83,077

4, 4504,5502, 633

328

4774,3167,06332,93718,142

410

m, u%7,537

25209

83,077

1 Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.



Abstract of reports of condition of national banks at date of each call during year endedOctober 81, 1929 {arranged by States and reserve cities)—Continued

ALASKA


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures __Other real estate owned. .._Cash in vault _Due from banks _.Outside checks and other cash itemsBedemption fund and due from United States Treasurer

Total- _ -

LIABILITIES

Capital stock paid in _Surplus : _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding. _Due to banks1 __.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits

Total .

2,1863

1,039809613

372636263

5,138

275167

20

6259

2,3881,768

3604,575

5,138

2,1023

1,04778512623

346617363

2751686913

26177

2,2221,769

4324,600

5,088

2,1762

1,04081312623

455637383

5,313

275172

12

5868

2,4161,846

5,313

2,2752

1,04178212723

446927125

5,751

2751738813

36052

2,7511,933

4035,139

5,751




Abstract of reports of condition of national banks at date of each call during year endedOctober 31, 1929 (arranged by States and reserve cities)—Continued

ARIZONA


RESOURCES

Loans and discounts (including rediscounts)

United States Government securities ownedOther bonds, stocks, securities, etc., owned..Customers' liability account of acceptancesB anking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank..Cash in vault _Due from banks.. .Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets _

Total _ _

LIABILITIES

Capital stock paid in . __SurplusUndivided profits—netReserves for dividends, contingencies, etc -Reserves for interest, taxes, and other expenses accrued" and

unpaidCirculating notes outstanding-Due to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

T o t a l d e p o s i t s __ . . .Agreements to repurchase United States Government or

other securities sold. _Bills payable and rediscounts. _ _Acceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of reporting

banks _ _ _ _ . . _Securities borrowed __Other liabilities

Total

Dec. 31,1928

15 banks

16,19317

7,6394,307

948525

1,7911,0794,603

15739

6351

37, 655

1,650659359

23775

1,82220, 41511, 227

151S3, 615

380

6188

37, 655

Mar. 27,1929

15 banks

17,10420

8,1954,448

6995394

1,7291, 1113,925

12341

6580

38, 677

1,700726494

10

80808

1,56721, 29511, 268

16484,294

18361

66

174

38, 677

June 29,1929

14 banks

17,183g

8,1653,823

939295

1,661809

3,31110852

4153

36, 512

1,8501, 155

47020

631,0251,410

18,89811, 293

19681, 797

15

413

36, 512

Oct. 4,1929

14 banks

15,857

7,4884,222

24942258

1,525821

3,2758152

494

185

34,799

1,9501,155

6002

1251,0271,222

17,44910, 999

13429,804

16

499

154

43

34,799



432 REPOBT OF THE COMPTROL.LEB OF THE CURBiENCY

Abstract of reports of condition of national hanks at date of each caM during year endedOctober 31, 1929 {arranged by States and reserve cities)—Continued

ARKANSAS


Dec. 31,1928

77 banks

Mar. 27,1929

76 banks

June 29,1929

72 banks

Oct. 4,1929

72 banks

RESOURCES

Loans and discounts (including rediscounts)-...,. ....Overdrafts . ^ --...United States Government securities ownedOther bonds, stocks, securities, etc., owned. ^__.Banking house, furniture and fixtures ,._.Other real estate owned _._ —Reserve with Federal reserve bank ,_,Cash in vault.Dtze from banks . ...Outside checks and other cash items _Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementOther assets.._

52,647104

13,05111,0091,8991,1764,2942,355

14,211165190

•62,181'99

13,36211,1641,8921,1344,0152,2989,740

156197

282

Total . 101,383 96,501

LIABILITIES

Capital stock paid i n .Surplus. _ ._ . - ._Undivided profits—net__ _Reserves for dividends, contingencies, etc ..Reserves for interest, taxes, and other expenses accrued and

unpaid . . .Circulating notes outstanding . . .!Due to banks *_ -Bemand depositsTime deposits (including postal-savings deposits)United States deposits


other securities sold..*. _ __Bills payable and rediscounts-Acceptances of other banks and bills of exchange or drafts

sold with indorsement „ _Other liabilities__ ,

6,7653,6951,557

124

1653,758

11,21142,18231,142

48985,024

4269

6,8153,5961,921

88

220

7,54239,40231,166

53378,648

511,233

22

Total . 101,383 96,501

50,69463

13,00510,5691,8641,0293,7571,5249,350

165196

273

92,489

6,5153,4191,729

93

1493,8835,729

39,03429,851

45775,071

1131,459

58

92,489

52,159244

12,60210,2411,874

9754,1992,061

13,580218196

6317

98, £72

6,5153,3831,921

25

1588,787$,899

38,98980,090

45079, J$S

1133,274

62




Abstract of reports of condition of national banks at date of each call during year endedOctober 31, 1929 (arranged by States and reserve cities)—Continued.

ARKANSAS—Continued

LITTLE BOCK


Dee. 31,1928

1 bank

Mar. 27,1929

1 bank

Juno 29,1929

lbank

Oct. 4,1929

lbank

RESOURCES

I/oans and discounts (including rediscounts).OverdraftsUnited States Government securities owned.Other bonds, stocks, securities, etc., owned...Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banks .Outside checks and other cash itemsOther assets.._

Total.

LIABILITIES

Capital stock paid in _Surplus. . .Undivided profits—netKeserves for interest, taxes, and other expenses accrued and

unpaidDue to banks1 _Demand depositsTime deposits (including postal savings deposits)_..._United States deposits

Total deposits..Bills payable and rediscounts _.

Total.

3,1131

44520337117

36351

944297

5,544

30020019

1,9031,7251,316

815,025

5,544

3,7717

5652175341141536896311

6,411

400100202

1882

2,2942,237120

6,538175

6,411

3,6961

665101534115314386741726

6,181

400100167

21,0411,9702,153

885,252

260

6,181

3,5573

56710253412133881

7111214

6,040

400100142

1,1731,9112,093

6,275123

6,040





CALIFORNIA


Dec. 31,1928

193 banks

Mar. 27,1929

192 banks

June 29,1929

195 banks

Oct. 4,1929

195 banks

RESOURCES

Loans and discounts (including rediscounts)__ _.OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances—Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank..Cash in vault .-.Due from banks.-- .Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts sold

with indorsementSecurities borrowedOther assets _

180, 790207

26, 71269, 260

11,2811,978

15, 7455,900

38, 7011,714

521

Total _ 353, 503

LIABILITIES

Capital stock paidin._ _Surplus -Undivided profits—netReserves for dividends, contingencies, etc. __Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits..__Agreements to repurchase United States Government or

other securities sold _Bills payable and rediscounts. _Acceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed by other banks for account of reporting

banksSecurities borrowed _Other liabilities

22,64510,1445,378

459

13510, 33721,160

158, 336121, 714

946802,156

2,126

112

Total. 353, 503

171, 551230

27,00467, 277

11,3092,080

14,1555,113

24, 657579508

172, 995177

27, 40369, 210

1011, 3612,210

14, 5374,736

31, 3801,519

509

203

916

325, 248 336, 986

22, 5209,8356,054

173

3009,885

13, 964140,151116, 869

292271, 276

4,984

3218

23, 24510,1965,343

497

14110, 05418, 900

142, 655119,951

1,007282,618

454,767

20

103

152

325, 248

175,181174

27, 73968, 376

1211, 3392,350

15, 3345,380

33,514788510

21,073

341,772

23, 73810, 4336,510

234

3539,979

16, 574151,249119, 433

1,011288,267

4151,540

122

341, 772

* Includes certified and cashiers' checks, and cash letters of credit and travelers'-checks outstanding.


BEPORT OF THE COMPTROLLER OF THE CURRENCY 435Abstract of reports of condition of national banks at date of each call during year ended

October 81, 1929 {arranged by States and reserve cities)—Continued

CALIFOBNIA-Continued

LOS ANGELES


Dec. 31,1928

9 banks

Mar. 27,1929

8 banks

June 29,1929

8 banks

Oct. 4,1929

7 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts. _.United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances :. _Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement.-.Securities borrowedOther assets

340,140508

76,45350, 31910,0658,7385,373

29,9267,068

63,1358,188

184

8, 672

"""2,935

Total. 611,704

LIABILITIES


unpaidCirculating notes outstanding. _ _Due to banks 1Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsAggreements to repurchase United States Government or

other securities soldBills payable and rediscountsAcceptances of other banks and bills of exchange or drafts


banksSecurities borrowedOther liabilities __..

25,75018, 57712, 2141,203

7033,593

46, 401219, 372254, 595

7,236527, 6O4

1501,900

8,67210,188

36

1,114

Total. 611, 704

346, 835424

69, 81148,4448,3938,7996,249

29, 5426,235

62,1224,696

204

4,248

' " "3 , " 206'

513,167316

99, 97883.198

6,43025, 918

1,27140,098

7,37668, 5429,786

204

475510

5,213

599, 208 862,482

26, 55018, 55613, 336

1,114

1, 8853, 969

37,875214, 331250, 836

5,648508, 690

44,00029, 0008,6264,769

7354,027

41, 776256, 237451,906

5,235755,154

4,788

4,2488,432

28

7,140

475

7,612

294510

1,466

599, 208 862,482

502,193330

96, 32974, 7875,786

25, 6651,001

39,1168,216

62,4429,379

243

461,1304,679

831, 342

42,00028, 8509,2882,994

3,3724,857

39,476248, 594430,431

3,685722, 186

9,730

465,525

2631,1301,101

831,342




Abstract of reports of condition of national banks at date of each call during yearêndêidOctober 311 1929 {arranged by States and reserve cities)—Gtid

CALIFORNIA—Continued

OAKLAND


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

EESOURQES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc, ownedCustomers' liability account of acceptances _.Banking house, furniture and fixturesOther real estate owned.Reserve with Federal reserve bank.- _.Cash.in vault ^_Due from banks „ _ _ _Outside checks and other cash itemsRedemption fund and due from United States Treasurer._..Acceptances of other banks and bills of exchange or drafts

sold with indorsementOther assets..

23,22122

4,87718

49248

2,518376

4,7882875

1,115134

22,9946

3,8674,678

1449347

2,211365

3,1037

75

312129

23,984

3,3764,654

1247839

2,477373

3,88325675

22,3483

3,4385,174

16480

832,238

4792,848

12475

Total _ 41, 550 38,301 38, 701

LIABILITIESCapital stock paid inSurplusUndivided profits—net „...Reserves for dividends, contingencies, etc - _Reserves for interest, taxes, and other expenses accrued and

unpaid. _ „ . , . .Circulating notes outstandingDuo to banks 1

Demand depositsTime deposits (including postal savings deposits)United States deposits — ,._.


other securities soldBills payable and rediscounts ._.Acceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersOther liabilities

2,2001,6731,063

62

331,4836,825

19,9706,961

136S3,892

2,2001,6741,095

7

2,2001, 6761,213

113

41, 4674,42318, 5886,953

1029,97 A

181,4946,14918,9736,124319

81,666

1,1151811

1,549

312145

407

54

37,360

2,2001,6761,287

48

1,4684,869

18,1786,216

83$9,846

1,215

Total. 41,550 38,301 38, 701 37,360

1 Includes certified and cashiers' checks, and cash letters of credit and trarelers' checks outstanding.




CALIFORNIA—Continued

SAN FRANCISCO


Dec. 31,1928

6 banks

Mar. 27,1929

6 banks

June 29,1929

6 banks

Oct. 4,1929

6 banks

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts _ _ _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault....Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed __.Other assets ._

616,8721,134

249,92385,33122,47435, 289% 856

51,402% 361

106, 8104,741

973

15, 9161,1276,950

Total- 1,211,159

LIABILITIES

Capital stock paid in _„Surplus ,Undivided profits—net _Reserves for dividends, contingencies, etc«., _ T.__.Reserves for interest, taxes, and other espenses accrued and

unpaid __Circulating notes outstandingDue to banks1 . _Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits _Bills payable and rediscounts -_.Acceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers.. _ _Acceptances executed by other banks for account o£ report-

ing banksSecurities borrowedOther liabilities _

73, 50058, 30013, 689

2,41719,107

109, 638319, 183519, 60436, 744

985, 16917,608

15,91622, 707

4361,127

575

591, 722850

253, 28382, 58018, 04935,2243,722

45, 7498, 773

90,1124,334

973

14,1311,7328,374

611, 076897

229, 53894,32821, 86337, 5833,332

48,1319, 022

111, 9652,227

973

3,5721,3388, 075

682, 6021,780

215,51473,84330, 91738,3194,009

48, 6579,082

89,0711,9251,049

5,9851,4198,018

1,159, 6 1,183,920 1, 212,19®

76,00059,25016, 532

250

4,61719,13494, 732

300.138491, 735

17, 711904, SI 6

43,315

14,13118,362

7351,7321,234

76,00059, 25016, 494

595

2,34219,409

106, 612294, 899541, 711

27,593970,815

11,059

3,57221,700

7441,338

602

76.00059,25®16, 557

20,99484,552

315,238.507,97S

18,0709%5, me

67,135

5,98531, 25#

4611,4192,829

Total. 1, 211,159 1,159,608 1,183,920 1, 212,19«




Abstract of reports of condition of national banks at date of each call during year endedOctober Sly 1929 {arranged by States and reserve cities)—Continued

COLORADO


Dec. 31,1928

114 banks

Mar. 27,1929

114 banks

June 29,1929

113 banks

Oct. 4,1929

112 banks

EESOURCE9

Loans and discounts (including rediscounts)Overdrafts _ _.United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate,owned _.Keservewith Federal reserve bankCash in vault ___Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowed _Other assets

Total-LIABILITIES

Capital stock paid inSurplus.Undivided profits—net -Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding.. _.Due to banks 1

Demand depositsTime deposits (including postal savings deposits)United States deposits -


other securities sold _Bills payable and rediscounts.._Securities borrowedOther liabilities. __

Total .

49, 72668

12,55019,5323,3441,1245,1082,710

14, 505275159

358

109,162

6,7003,315

78467

2023,1653,10953,52835,920

16698,723

332,163

109,162

50,700

13, 61119,3473,3681,0695,1272,79711,049

2311613

182

50, 58143

12,47418,9293,3511,0394,7092,5259,466242168342

107, 719 103, 572

6,7753,30187624

2793,181

51,39937,198

16491,629

301,609

312

6,7503,32181356

2703,3552,18347,35437,329

11086,976

121

107, 719 103, 572

51,87774

12,30918,2023,3391,0165,0902,72212,242

302166

76

107,419

6,7003,29295336

2743,2542,48052,25235,915

10790,754

552,093

4

107,419



REPORT OF THE COMPTROLLEB OF THE CURRENCY 439

Abstract of reports of condition of national banks at date of each call during year endedOctober SI, 1929 {arranged by States and reserve cities)—Continued

COLORADO—Continued

DENVER


Dee. 31,1928

7 banks

Mar. 27,1929

6 banks

June 29,1929

6 banks

Oct. 4,1929

6 banks

RESOURCES

Loans and discounts (including rediscounts)--OverdraftsUnited States Government securities owned _ ._Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances __ __.Banking house, furniture and fixtures _Other real estate owned _Reserve with Federal reserve bankCash in vault.Due from banks _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

TotaL

LIABILITIES

Capital stock paid in __SurplusUndivided profits—net. __ „__.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding..Due to banks1..Demand deposits _Time deposits (including postal savings deposits)United States deposits

Total deposits _._Agreements to repurchase United States Government or

other securities sold _ __.Bills payable and rediscountsAcceptances exceuted for customersOther liabilites

Total.

74,42559

21, 30722, 930

2,238370

9,6752,768

25, 5911,373

33273

161, 042

5,1504,6872, 807

535650

22, 87970, 86852, 659

494146,900

174

"~53"

161, 042

77, 57450

21, 72022,075

142,367

3588,9132,651

20,14365033

384

71, 56866

20,18819, 948

2,435335

9,5672,369

21, 8861,554

33282

156, 932 150, 231

5,3:004,6753,197

61

556647

16, 35270, 34354,089

491W, 275

4007501457

5,3004,6753,201

120

530648

16, 71068, 99949, 250

365135, 324

20350

156, 932 150, 231

77, 24862

20,16718, 513

2,450340

9,0282,501

25,6281,359

33338

157, 667

5,3004,6753,561

68

106641

18, 94473, 38948, 736

301141, 370

1,875

157, 667


79003°—30 29




COLORADO—Continued

PUEBLO

[In thousands of dollar]

Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _ .United States Government securities owned _Other bonds, stocks, securities, etc., owned.Banking house, furniture, and fixturesOther real estate ownedReserve with Federal reserve bank—Cash in vaultDue from banksOutside checks and other cash items _Redemption fund and due from United States Treasurer-

Total.LIABILITIES

Capital stock paid in_ .._Surplus. .__Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid.,Circulating notes outstandingDue to banks1

Demand depositsTime deposits (including postal savings deposits)United States deposits _

Total deposits _ _.Other liabilities _

Total.

4,99727

1,4374,836

344

1,091499

9,9863

29

23, 249

6001,150

27100

126397

6,2019,0215,587

2320,832

17

23,249

5,62960

1,5915,464

29643

959560

4,5845

21

5,45814

1,6115,314

29241

915504

3,5522

20

19, 212 17,723

6001,150

9318

158400

3,7507,5325,477

1516,774

19

6001,150

8022

132400

2,4037,2535,654

1915,829

10

19, 212 17, 723

4,90143

1,6825,025

29040

878469

4,4902733

17, 878

6001,150

12517

•164395

3,3396,6865,384

12is, m

17,878

* Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.




CONNECTICUT[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)Overdrafts-United States Government securities owned.--Other bonds, stocks, securities, etc., owned-Customers' liability account of acceptances.Banking house, furniture and fixturesOther real estate owned.Reserve with Federal reserve bankCash in vault. _Due from banks _Outside checks and other cash items. _Redemption fund and due from United States Treasurer.Securities borrowedOther assets

Total.

LIABILITIES

Capital stock paid inSurplus _Undivided profits—net_._ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding _ _Due to banks *_Demand deposits--Time deposits (including postal savings deposits)United States deposits..

Tdtal depositsAgreements to repurchase United States Government or

other securities sold _Bills payable and rediscounts —Acceptances executed for customersAcceptances executed by other banks for account of reporting

Securities borrowed.Other liabilities

Total .

Dec. 31,1928

65 banks

199,44389

25,14951,753

311, 8662,967

12, 5776,814

27, 932655

715

340, 432

22, 57721,25911,062

842

1,3799,174

13,347152,71899,913

1,043267, 021

6,6483

467

340,432

M a r . 27,1929

65 b a n k s

203,72785

25,99150,395

20011, 9253,01012,8366,57319, 772

432

"648"

335, 997

22, 57721,30912,009

372

1,5419,186

11,130139,365104,368

1,589256,1+52

1259,786

200

335,997

J u n e 29,1929

64 b a n k s

202,693124

26,19447,249

25013,5081,470

12,6994,610

24, 748492490

676

335, 203

22, 50221, 31711,883

721

1,4339,754

12,887144,74399,227

1,376258,2S3

8,343150

100

767

335,203

Oct. 4,1929

62 b a n k s

198,194

m25, 54640,067

32511,4101,405

12, 7615,016

25, 727300485225434

321,991

20, 91219,89212, 736

266

1,4219,698

14,668143, 74589,774

1,358U9 H&

6, 554225

100225417

321, 991





DELAWARE


Dec. 31,1928

17 banks

Mar. 27,1929

18 banks

June 29,1929

17 banks

Oct. 4,1929

17 banks

BESOURCES

Loans and discounts (including rediscounts)-.Overdrafts.United States Government securities ownedOther bonds, stocks, securities, etc., owned _Banking house, furniture and fixtures- _Other real estate ownedReserve with Federal reserve bank _Cash in vault._ _ ._Due from banksOutside checks and other cash items.. ._Redemption fund and due from United States Treasurer . . .Other assets

Total..

LIABILITIES

Capital stock paid inSurplus. _ _Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid -_ __Circulating notes outstanding.Due to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscountsOther liabilities

Total

12,4274

2,0748,418

862106

1, 048485

1,445395113

26,972

13, 231

2,0767,908

950110

1,080431923535113

26,831

1,6542,4601,199

40

191,007

4529,2219,783

7419,530

9148

26,972 26,831

13,0765

2,0317,394

950111

1,000345

1,387415138

26, 429

1,6292,4821,166

261,008

6038,7029,566

6518,9861,117

2

26,429

13,8164

2,0117,1771,003

101980454'

1,367155124

27,003

1,6292,4821,300

40

25995445

10, 050:9,432

76;20,003

528I

27, 003

iIncludes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.


EEPORT OP THE COMPTROLLER OF THE CURRENCY 443Abstract of reports of condition of national banks at date of each call during year ended



WASHINGTON


Dec. 31,1928

12 banks

Mar. 27,1929

12 banks

June 29,1929

12 banks

Oct. 4,1929

12 banks

KESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned .__Reserve with Federal reserve bank _Cash in vaultDue from banks _Outside checks and other cash itemsRedemption fund and due from U. S. TreasurerSecurities borrowedOther assets __ --

Total

LIABILITIES

Capital stock paid in ,SurplusUndivided profits—net _ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding.__ _Due to banks * _Demand deposits _Time deposits (including postal savings deposits)United States deposits

Total deposits _ _Agreements to repurchase United States Government or

other securities soldBills payable and rediscounts. _.Acceptances executed by other banks for account of reporting

banks _Securities borrowedOther liabilities

Total __.

95,40628

20, 24613,488

110, 3631,4039,0053,443

18,160605179759549

173,635

10, 7758,3153,010

720

3453,861

16, 32074, 70944, 0063,330

138, 365

1,9635, 321

1759200

173, 635

97, 75745

22, 30213,174

95,15635

23, 20712,489

10, 4141,4559,4373,121

12,988473202965423

10,4281,4369,3072,799

16,477605247

1,140496

172, 756 173, 822

10, 7758,5653, 056

519

6743,997

13,19975, 74447,9533,936

W, 832

1603,043

10, 7758,8252,828

674

3924,891

13, 73175, 31746, 5073,660

139, 215

1954,715

965170

1,140172

3822, 83112, 044

10, 7051,4679,3213,202

15, 850437239

1,135487

176, 737

10, 7758,8252,876

2644,759

14,16077, 72349,170

1,924142, 977

1193,827

172, 756 173, 822

1,135324

176, 737





FLORIDA

fin thousands of doliarsi

Dec. 31,1928

59 banks

Mar. 27,1929

57 banks

June 29,1929

52 banks

Oct. 4,1929

50 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts *. _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances _Banking house, furniture and fixtures .>._Other real estate owned..,Reserve with Federal reserve bankCash in vault.. ... „Due from banks.__Outside checks and other cash itemsRedemption fund and due from United States Treasurer...Acceptances of other banks and bills of exchange or drafts

sold with indorsement- _. .-Securities borrowedOther assets „ .._

Total.._ .-

LIABILITIES

Capital stock paid in -SurplusUndivided profits—net—Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _.Circulating notes outstandingDue to banks l .» ,Demand deposits __Time deposits (including postal savings deposits) _ _United States deposits


other securities sold ~__Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsement—Acceptances executed for customers ,_Acceptances executed by other banks for account of reporting

banksSecurities borrowedOther liabilities.

Tota l - . _

76,18118

18, 65328,267

1455,7821,2586,3904,525

18,234402195

45647

1,138

161,880

11, 7408,2841,718

204

1353,7909,132

59,42160,614

948ISO, 115

8233,880

4551

94647354

161,880

80,90819

20,03528,187

2015,6271,4397,1855,842

23,658165193

55455

63, 72412

17,98029,212

1695,4091,1685,8734,536

18,309263198

26483

1,071

174,908 148,433

11, 6408,2502,282

84

2643,8389,848

70,03761, 2842,684

US, 85S

6192,900

5561

140455467

10,6907,6101,914

243

1773,8508,241

53,43458,0161,255

120, U6

7901,502

2655

114483

33

174,908 148,433

56,28718

21,15625, 915

705,0651,2354,9064,787

12,848109181

2493

1,104

134,176

10,4607,5491,923

171

1873,4505,593

47,47250,1111,397

104, S73

1,3783,860

70493

60

134,176



EEPOKT OF THE COMPTROLLER OF THE CURRENCY 445


FLOBID A—Continued

JACKSONVILLE


RESOURCES

Loans and discounts (including rediscounts)

United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault ._ ._ _Due from banksOutside checks and other cash items- ._ . . . . . .Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _. __ _-Other assets

Total

LIABILITIES

Capital stock paid inSurplus _. _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks1 -Demand depositsTime deposits (including postal savings deposits)United States deposits . . .

Total deposits— _ ._ _.Agreements to repurchase United States Government or

other securities sold - -Acceptances of other banks and bills of exchange or drafts

sold with indorsement . . _ _ ._ . _.Other liabilities

Total

Dec. 31,1928

3 banks

31,353Q

19, 30911 5953,243

2773,6921,068

13,85146648

294

85,001

4,5002,250

97859

88952

15,09525,91830,244

78778,044

4,096

232

85,001

Mar. 27,1929

3 banks

34,462

16,45711 2913,245

2774,7681,051

12, 73713948

450

84, 531

4,5002,2501,231

67

73934

15,65829,68828,578

71774,641

800

431

84, 531

June 29,1929

3 banks

33,769

17,04411 3873,257

2773,500

79610,178

42148

683

80, 767

4,5002,250

88253

224941

13, 57327,66927,845

99070,077

1,800

634

80,767

Oct. 4,1929

3 banks

33,196

15,0029 9183,258

2823,6821 0878,959

22148

554

75, 714

4,5002,250

84310

199920

10, 57427,32724, 3671,940

64,208

2,750

529

75, 714





GEORGIA


Dec. 31,1928

77 banks

Mar. 27,1929

76 banks

June 29,1929

76 banks

Oct. 4,1929

75 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts ._.United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts sold

with indorsement _Securities borrowedOther assets

Total-

LIABILITIES

Capital stock paid inSurplus.- __. _Undivided profits—net. *Reserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaid. _Circulating notes outstanding __. _.Due to banks1--.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits _Bills payable and rediscounts..Acceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers _Securities borrowed _Other liabilities

Total—

51,090.282

10,1345,159

1872,8241,4683,4782,7678,391

315260

863

103

86,519

8,0555,3891,700

220

865,1772,487

33,12126, 3481,206

63,1622,444

18753

50, 423192

10, 3824,814

1742,8531,5983,0622,3146,061

174265

53121

82,486

8,0055, 3532,155

107

675,2581,722

29, 11126, 0361,753

2,665

1745327

86,519

51, 689167

9,6574,835

1822,8691,5642,9611,6535,471

257265

8,0055,3411,906

211

1235,2641,672

25, 7971, 584

55, 8435,231

1825339

81,698

49,564468

10, 0005,091

372,8921,5423,1972,4216,746

198265

73

82, 582

8,0055,2591, 865

159

5,1942,235

28, 37526, 6501,202

58, 4623,409

378826

82, 582





GEORGI A— Continued

ATLANTA


Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

EESOURCES

Loans and discounts (including rediscounts) _Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances... _.Banking house, furniture and fixturesOther real estate owned _ _.Reserve with Federal reserve banks _Cash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets.

62,57928

15,9878,970

303,002

5323,8591,124

23,897711125

15579

Total- 121,07J

LIABILITIESCapital stock paid inSurplus _ ___Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstandingDue to banks *_. _Demand deposits _ _Time deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers.._Securities borrowed _Other liabilities _

6,2004,6502,638

69

3592,458

20,43846,87933,8823,311

10/+, 510

30155

Total.

67,3638

16,3567,223

1212,990

5126,271

81618,821

235125

155182

67,6576

15,9755,495

2192,968

5216,801

82214,338

535125

185265236

121,178 116,148

6,4004,6502,887

5632,449

16,499

32, 0322,581

99,8003,870

6,4005,6501,782

290

4572,486

13, 08947,83232,366

5,11698, 403

12115514

185219265

11

70, 70910

11, 9804,838

1563,078

5295,8311,339

22,380372125

444265324

122,380

6,4005,6502,090

317

6062,436

17, 39049, 79330, 701

5,346103,230

in

444156285

11

121,078 121,178 116,148 122,380





GEORGIA—Continued

SAVANNAH


Dec. 31,1928

1 bank

Mar. 27,1929

lbank

June 29,1929

l b a n k

Oct. 4,1929

l b a n k

RESOURCES

Loans and discounts (including rediscounts).Overdrafts _United States Government securities owned..Other bonds, stocks, securities, etc. owned. _.Customers' liability account of acceptances...Banking house, furniture and fixtures _.Other real estate ownedReserve with Federal reserve bank _Cash in vault —Due fron banksOutside checks and other cash itemsOther assets

50,33846

2,2782,028

111,278

9484,2902,008

13, 40295532

50,60236

1,7552,143

351,289

9473,5841,421

12,418763

50,07057

1,7302,144

391,281

9663,143

92211,307

75780

Total. 77,614 74,996 72,496

LIABILITIESCapital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid. . _..Due to banks i __Demand deposits _Time deposits (including postal savings deposits)United States deposits

Total deposits __Acceptances executed for customers _Acceptances executed by other banks for account of reporting

banksOther liabilities

4,0003,00088771

12615,57727,68125,872

38969, 519

11

4,0003,500579194

23713, 86527,23325,091

25266, W

4,0003,500588167

18610,22927,04125,859

88764,016

Total. 77,614 74,9% 72, 496

53,750117

1,6732,165

391,295

9733,8841,524

11,450823

4

77,697

5,0004,500

76474

21313,63128,59324,304

56767,095

3912

77, 697

1 Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.


EEPOET OF THE COMPTEOLLEE OF THE CUEEENCY 449Abstract of reports of condition of national banks at date of each call during year end-ed

October 31, 1929 (arranged by States and reserve cities)—Continued

THE TERRITORY OF HAWAII


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

1 bank

RESOURCES

I/oans and discounts (including rediscounts)Overdrafts _ _United States Government securities owned _.Other bonds, stocks, securities, etc., owned _..Banking house, furniture and fixturesCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _.Securities borrowedOther assets... _

3,9288

1,4482,426

58803

1,275

428

13156

Total . 10,561

LIABILITIES

Capital stock paid in.SurplusUndivided profits—net _Reserves for dividends, contingencies, etcBeserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding. _Due to banks1 - __Demand deposits •.Time deposits (including postal savings deposits)United States deposits

Total deposits _Bills payable and rediscounts.Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther liabilities

6008808323

7450

1,3863,461

8092,4738,129

250

131

Total. 10,561

3,70313

1,4062,325

58687767

122

17122

9,175

6008907424

5433730

3,126562

2,2506,668

250

171

9,175

3,742

1,4262,094

54878

1,281

22

13161

9,691

600890104111

7450975

3,066785

2,1656,991

400

1317

9,691

20,58025

1,9147,124

1732,2183,993

4723

327

36,431

3,1501,880

656337

83434

1,19711,13312,2892,590

27,M92,550

125

36, 431





IDAHO


Dec. 31,1928

44 banks

Mar. 27,1929

43 banks

June 29,1929

43 banks

Oct. 4,1929

43 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts. _ _United States Government securities owned _Other bonds, stocks, securities, etc., owned _Banking house, furniture and fixtures _ _Other real estate owned _._Reserve with Federal reserve bank __Cash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowedOther assets _ _ _

27,13469

6,5837,8682,008

5752,6841,2178,275

11590

Total. 56, 612

LIABILITIES

Capital stock paid in >.Surplus-._ _ . . . __.Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _ _ __Circulating notes outstanding.Due to banks i__ _Demand depositsTime deposits (including postal-savings deposits)United States deposits

Total deposits. _Bills payable and rediscountsSecurities borrowedOther liabilities

3,0301,202

295218

2931,4614,177

27, 55218,115

23960,083

30

Total. 56, 612

24,12754

5,8241,610

4972,0561,0984,896

7171

11

46, 383

2,7301,150

337

1,3792,208

21, 34716, 674

18840,417

106

46, 383

24,28348

5,2166,1821,859

398

8505,554

153711513

47,030

2,7301,152

308214

2531,3892,046

21, 65816, 689

8340, 476

492151

47,030

25, 75560

5,4166,1751,882

3652,083

9216,228

11171

20

49,087

2,7301,157

604192

2561,3702,891

23,05916, 252

8942, 291

486

49,087

i Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.




ILLINOIS


Dec. 31,1828

447 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estateowned __Eeserye with Federal reserve bank..Cash in vault _ „Due from banks _ ...Outside checks and other cash items ,Redemption fund and due from United States Treasurer..Securities borrowed __ _Other assets ,

Total.

LIABILITIES


unpaid.. _ _ _ _.Circulating notes outstandingDue to banks 1

Demand depositsTime deposits (including postal savings deposits) _ _United States deposits.

Total deposits _Agreements to repurchase United States Government or

other securities soldBills payable and rediscounts _Acceptances executed for customersSecurities borrowed_..»__Other liabilities

307, 746383

72, 181124, 211

20, 6275,96525,99012, 89046,4931,9241,262238

1,070

620, 980

Total..

38, 55824, 93514, 1892,533

1,27325,04724, 884

235, 927241, 953

2,156504,920

3228,688

238277

620, 980

Mar. 27,1929

446 banks

312,120598

72, 307125, 751

20, 7706,074

25,03012, 06240, 419

1,0681,260

2341,252

618, 945

25, 19115, 2022,110

1,48624, 91023, 794

233, 693240, 178

3,260500, 925

7798,985

234363

618, 945

June 29,1929

445 banks

321, 759463

71, 214116, 281

20, 8376,300

25, 28810, 36145, 455

1,5161,260

2971,398

622, 429

25, 38513, 9802,696

1,06925, 03726,005

236, 454239, 413

2, 512604, 384

5589,811

297252

622, 429

Oct. 4,1929

442 banks

324, 903601

67, 929117,178

421,2066,342

25, 23612,41442, 7461,2971,260

244972

622, 332

39, 99525,65016, 4482,184

1,43624, 87825,080234, 362239, 6982, 759

501, 899

9,046

244243

622? 332





ILLINOIS—Continued

CHICAGO (CENTRAL RESERVE CITY BANKS)


Dec. 31,1928

10 banks

Mar. 27,1929

10 banks

June 29,1929

12 banks

Oct. 4,1929

13 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts '.United States Government securities owned

.Other bonds, stocks, securities,etc., owned _Customers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash items.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts sold

with indorsementSecurities borrowedOther assets

839,56589

64,926102,06623,85227,100

313104,979

7,387185,370

3,120310

9,237

"~~2,~688"

Total _ 1,371,002

Capital stock paid in _Surplus _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid : -_Circulating notes outstandingDue to banks 1 - _Demand deposits . - _.Time deposits (including postal savings deposits)United States deposits _ _ _._


other securities sold_._ _Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts sold

with indorsementAcceptances executed for customers. _Acceptances executed by other banks for account of reporting

banksSecurities borrowed .._Other liabilities

66,55053,03018,3347,248

6,5016,118

264,287654,837197,059

4,362, no, 545

4,50051,285

9,23723,934

814

2,906

Total_ 1,371,002

500,911139

19,92716, 541

12558,8865,067

86,317909310

1,07415,0002,250

519,121537

36, 51248,50018, 55516,935

12559,6934,940

114,766652310

2,141

768,614 823, 750

42,05028,33011,8215,901

4,6846,200

148, 506350,25889,42523,390611,579

5,50012,774

1,07420,185

43915,0003,077

45, 75034,8007,9125,817

5,4556,198

142,240391,992126, 5619,576

670,369

3,75020,475

96318, 668

381

3,212

768,614 823,750

530,916208

34, 77244,95136,27219,017

27863,5145,402

110,115578310

2,004

854,973

49,05035,3508,0493,787

5,7386,090

145,079402,502131,7026,458

686,741

50013,919

5,93835,877

979698

3,257

854,973



REPORT OF THE COMPTROLLER OF THE CURRENCY 453Abstract of reports of condition of national banks at date of each call during year ended



CHICAGO (OTHER RESERVE CITY BANKS)


Dec. 31,1928

27 banks

Mar. 27,1929

27 banks

June 29,1929

Oct. 4,1929

26 banks 25 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bankCash in vault -Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementOther assets

53,89121

12,20533,838

52,966

8715,9302,6768,358

326154

630

Total . 121,871

LIABILITIES

Capital stock paid inSurplus _Undivided profits—net _-.Reserves for dividends, contingencies, etc _. _Reserves for interest, taxes, and other expenses accrued and

unpaid..Circulating notes outstandingDue to banks * __ __Demand depositsTime deposits (including postal savings deposits)United States deposits _.

Total deposits..Bills payable and rediscounts _.Acceptances of other banks and bills of exchange or drafts


banks -.._Other liabilities

6,8503,4951,509

484

3623,0252,756

39, 26062,190

424104, 680

1,145

5366

Total. 121,871

55,11330

11,18232, 750

3,362399

5,6752, 2216,067

274155

4643

55,36340

10,28932, 357

83,525

7855,6002,3186,448

236149

667

117,875 117, 785

6,8503,5551,661

368

5573,0622,588

35, 65761,296

35599, 865

1,595

6,9003,3101,346

472

4972,8752,095

35,16564,073

205101,538

509

3583

330

117,875 117, 785

57,34034

9,33930,437

53,531

6965,5552,7117,133

268134

631

117, 814

6,800

1,549552

2,6062,384

35,39762, 781

155100, 717

1,079

2357

117,814






PEORIA


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

Oct. 4,1929

4 banks 4 banks

RESOUECES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned._Other bonds, stocks, securities, etc., owned ,Banking house, furniture and fixtures _ _..Other real estate ownedReserve with Federal reserve bank _Cash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer-Other assets

Total-

LIABILITIES


unpaid. _.Circulating notes outstanding..Due to banks1 _ __.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits.^.Bills payable and rediscounts .._Other liabilities

Total -

20,11715

5,7926,5752,428

262,073

7153,704

62

41, 605

2,4753,375

902308

1,8314,836

14, 95912, 588

26032, 643

41, 605

20, 80917

5,8006,4772,428

262,046

7562,400

49924

40, 904

2, 5753,475

672421

931,8454,30215, 31211, 831

378SI, 823

40, 904

20, 75714

5,7756,6512,440

252,120523

3,2032892

41,634

2,5753,475795294

761,8393,90114, 87313, 239

26732, 280

300

41, 634

21, 46474

5,3466,1102,448

302,009717

3, 03557

2,5753,575764390

1221,8223,98914,14713, 451

14931,736

4002

41,3



REPOET OF THE COMPTEOLLER OF THE CURRENCY 455Abstract of reports of condition of national banks at date of each call during year ended


INDIANA


! Dec. 31,

! 220 banks

Mar. 27,1929

218 banks

June 29,1929

220 banks

Oct. 4,1929

217 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned ___Banking house, furniture and fixtures _ _Other real estate ownedReserve with Federal reserve bank....Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowedOther assets

Total.

LIABILITIESCapital stock paid in _Surplus _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid.... _ ._.Circulating notes outstandingDue to banks * ._Demand deposits _.Time deposits (including postal savings deposits)United States deposits

Total deposits * '.Agreements to repurchase United States Government or

other securities soldBills payable and rediscountsSecurities borrowedOther liabilities

Total.

196,374163

36, 62562,96613, 3773,192

15,0178,951

30, 601856905734

2,205

371, 966

25,11314,9355,584

761

47018,00918, 510

139, 229138, 774

950297, A6S

3497,011

7341,537

371, 966

194, 359160

36,06161,90413, 3853,444

13, 7918,391

22, 716450908747

2,141

200,127135

35,41961,07913,5013,579

14,4536,635

26,041825905740

2,109

358,457 I 365,548

24, 98314,9116,215

413

62217, 87715, 240

125, 292137,486

2,065280, 08S

42010, 380

7471,806

358, 457

25,28315,0675,913

720

46718,00516, 662

134,015137, 350

1,491289,518

1808,105

7401,550

365, 548

197,097186

35,38360,38513, sm3,168

14, 2148,287

24,472579

2,087

361,277

25,03215,0487,197

61017,73913,491

131,608136, 210

1,278282,587

12510,175

6901,736

361, 277


79003°—30 30



Abstract of reports of condition of national banks at date of each call during year endedOctober Sly 1929 {arranged by States and reserve cities)—Continued

INDIANA—Continued

INDIANAPOLIS


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts) * .Overdrafts.. __ - .United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances__Banking house, furniture and fixturesOther real estate owned-Reserve with Federal reserve bank__Cash in vaul t - - .Due from banks . - - _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowed __.Other assets

Tota l .

LIABILITIES

Capital stock paid in _ __.Suplus- _Undivided profits—net .__-Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid to __.Circulating notes outstanding _Due to banks 1 _.Demand depositsTime deposits (including postal savings deposits)United States deposits


other securities sold _. _Bills payable and rediscountsAcceptances executed for customers. . .Securities borrowedOther liabilities.. _ _

Total _

56,09410

10,6309,272

163,491

1965,8773,137

20, 442637192563113

110, 670

7,6503,1503,022

132

3963, 836

23,01352, 83813, 7221,193

90,766

1,12216

17

110, 670

56,1735

10,5839,063

123,491

1985,2273,107

12, 438362182563132

56,61413

10,8518,095

193,491

1976,5412,636

15,376423191557119

101, 536 104,123

7,6503,1503,077

3453,70115, 58646, 53512,737

74875,606

3506,971

1256316

7,6503,1503,104

54

3283,82917,22651,01413, 3521,645

83,287

2,02619557169

101, 536 104,123

58,71012

10,1668,565735

3,491213

5,0662,99512,793

50117255792

104,068

7,6503,1503,244

60

4263,67216, 59748, 32013,4981,831

4,320735557

104,068



REPORT OF THE COMPTRQJuLER OP THE CURRENCY 457


IOWA

[la thousands of dollars]

Dec. 31,1928

257 banks

Mar. 27,1929

253 banks

June 29,

252 banks

Oct. 4,1929

247 banks

RESOURCES '

Loans and discounts (including rediscounts)Overdrafts *-__United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures -Other real estate owned _.. _Reserve with Federal reserve bank.Cash in vault _ - -Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowed..Other assets

Total--.

LIABILITIESCapital stock paid m . l - . . _Surplus _Undivided profits—netReserves for dividends,contingencies, etc.__Reserves for interest, taxes, and other expenses accrued and

unpaid .Circulating notes outstandingDue to banks J__Demand depositsTime deposits (including postal savings deposits)United States deposits. __

Total deposits___w _Agreements to repurchase United States Government or

other securities sold ..._.Bills payable and rediscounts. . —Securities borrowedOther l iabi l i t ies . . - . . _ ._.

Total

126,847172

27,86235,4847,5995,538

10,0155,424

24, 738413557

6122

244, 777

16,4907,621% 523

382

22111,08411,91391,005

100,166270

203,354

192,740

6337

244, 777

127, 598266

30,23236,1477,5735,306

10,6615,356

20, 619406556

6232

244,958

16, 3057,3153,140

260

24011,03711, 50293, 50398, 570

620204,195

124,000155

29,08235,7437,6165,2579,8924,589

20,378438557

84

237, 791

16, 2807,2772,889

255

25111,10010, 11188,321

524197,805

2,1306

330

1, 654

280

244, 958

125,448301

28,71035,7287,5834,975

10,1634,819

21,000393547

159

239,826

15, 9807,1223,406

226

26910,7689,241

93, 50296,834

759W0,33$

1,445

" 2 7 4

237,791 i 239,826

1 Includes certified and cashiers' €hecks, and cash letters of credit and travelers' cheeks outstanding.




IOWA—Continued

CEDAR RAPIDS


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

KESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures...Other real estate owned.. ___•_Reserve with Federal reserve bankCash in vault.__Due from banksOutside checks and other cash items.. _Redemption fund and due from United States Treasurer.Other assets ,

Total.

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _Reserves for dividends, contingencies, etcReserve for interest, taxes, and other expenses accrued and

unpaid._____ _ ___Circulating notes outstandingDue to banks *_ _Demand deposits _.Time deposits (including postal savings deposits)United States deposits

Total deposits ._Bills payable and rediscountsAcceptances executed for customersOther liabilities _

Tota l .

13,4116

2,1286,255

41,284

371, 653

4555,757

97501

31,138

1,10075011041

• 324996

10, 7318,1448,928

927, 812

31,138

14, 81512

2,1205,758

121,292

371,696

4274,392

7950

1,10075016535

379993

10,1037,8558,934

1426,906

35012

30, 690

13, 72515

2,1335,382

121,344

371,837

3534,810

20650

29,904

1,10075013010

397998

9,2588,0528,735

1226,057

45012

29,904

15,57629

2,|005,045

131,344

381,444

3865,056

1650

31,097

1,100750193

16

453$90

9,8058,8528,243

SO'86,980

650132

31,097

* Includes certified and cashiers' cbcecks, and cash letters of credit and travelers' checks outstanding.




IOWA—Continued

DES MOINES


Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

4 banks

Oct. 4,1929

3 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsTJnited States Government securities owned. _Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances. _Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank— ___Cash in vault _--Due from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowed

TotaL

LIABILITIES

Capital stock paid inSurplus -_Undivided profits—net-Reserves for interest, taxes, and other expenses accrued and

unpaid __Circulating notes outstandingDue to banks * _ _Demand deposits._Time deposits (including postal savings deposits) _United States deposits .-_ _

Total deposits.—Bills payable and rediscountsAcceptances executed by other banks for account of report-

ing banks. __Securities borrowed

21,52833

4,1376,103

608774

2,327775

5.794' 84

28488

42, 679

2,7001,200

219

5549,765

20,4005,399

22585, 789

1,729

488

TotaL 42, 679

20, 29017

4,1206,585

7812,3411,0124,447

3328

500

40, 763

2,7001,200

341

20549

9,01520,106

5,100716

34,987516

500

40, 763

24, 90423

4,4909,070

10797838

3,3681. 0336,442

6728

51, 570

2,9501,450

361

1554

10,81023,9437,728

417Jfi, 898

2,846

10500

51, 570

27,86851

4,93110,205

71,339

713,9901,2897,633

2228

410

57,844

2,7501,450

655

85556

11,04925,26213,460

53560,806

1,625

7410

57,844





IO WA- Continued

DUBUQUE


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., owned ._Banking house, furniture, and fixturesOther real estate owned _ -..Eeserye with Federal reserve bankCash in vault_._Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets _ _

Total.

LIABILITIES

Capital stock paid in _._ _SurplusUndivided profits—netReserves for dividends, contingencies, etc__Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks L_.Demand deposits _Time deposits (including postal savings deposits)United States deposits

Total depositsOther liabilities

Total.

5,6712

1,7143,726

260120720261

1,082292076

13, 681

700300143

• 18

6398932

4,2706,911

312,116

5,887

1,7703,711

261120622243611

292051

5,456

1,7543,748

262143695204936

212079

13,332 13, 322

700300193

18

20398

1,1043,7366,859

311, 702

1

70030016429

12397

6,8853

11,7191

13,681 13, 332 13, 322

5,2435

1,5533,666

262140670216

1,033332048

12, 889

70030022126

35893815

3,7536,643

311, tU

12, 889





IOWA—Continued

SIOUX CITY


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securities owned.Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate owned __Reserve with Federal reserve bankCash in vaultDue from banks.Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.

LIABILITIES

Capital stock paid in _Surplus.... _Undivided profits—netReserves for dividends, contingencies, etc jReserves for interest, taxes, and other expenses accrued and

unpaid {Circulating notes outstanding jDue to banks iDemand depositsTime deposits (including postal savings deposits)United States deposits ._ _


other securities soldBills payable and rediscounts _Other liabilities

•Total .

16, 59119

3,4263,935

923137

1,748640

5,5712315463

33, 338

2,05060013128

451,0698,83811,0148,207203

28, 262

15096340

16,63932

3,8204,174924142

1,690730

5,287805470

2,05060024125

471,0699,75510,6438,358391

29,147

435

33,338 33,642

16, 51224

4,0264,159928132

1,771544

5,0731095470

33, 642 I 33, 402

2,05060022643

1,0729,77710,2978,133453

67726

33,402

16,05136

3,9034,309930132

1,765655

5,235655464

33,199

2, 05064523147

431,0608,42210,9678,347365

28,101

33

33,199





KANSAS


Dec. 31,1928

237 banks

Mar. 27,1929

236 banks

June 29,1929

236 banks

Oct. 4,1929

236 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities owned _._Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures _._.Other real estate owned _ ___.Reserve with Federal reserve bankCash in vault .Due from banks _ _ _Outside checks and other cash items. _Redemption fund and due from United States Treasurer—..Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed ___Other assets ,

Total ,

LIABILITIES

Capital stock paid inSurplus .--.Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _. _Circulating notes outstanding. _Due to banks 1 -Demand deposits _.Time deposits (including postal savings deposits) __United States deposits...

7 otal depositsAgreements to repurchase United States Government or

other securities sold _Bills payable and rediscounts _Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed __ ,Other liabilities ,

Total . _.

100,908168

23, 27023, 5795,8591,9469,3443,799

25, 747381411

255

140

195, 609

13,0836,4702,481

322

1008,146

10,319104, 75744,8711,572

161,619

1993,167

25565

195,609

97, 359239

24, 73122, 8695,8641,8169,0533,738

20,144229407

98, 465194

23, 11122, 7335,8591, "'"

3,62321,812

244409

315171

113327

186, 935 187, 430

13,0736,4972,943

149

1098,099

10,19698,00443, 4542,220

158,874

120

13,0476,5262,864

315

948,1679,560

99,29342, 7871,311

152,951

319

31557

11351

186,935 187,430

97, 506255

24,87123,424, 5,840

1,6479,289

22,635378414

141173

190,371

13,1026,5783,618

178

8,13310,386

101,93443,1641,001

156,486

1201,862

14155

190,371

»Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.



October SI 1929 {arranged by States and reserve cities)—Continued

KANSAS—Continued

KANSAS CITY, KANS.


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

BESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned. _Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankGash in vaultDue from banks. _ _Outside checks and other cash items. _ ___Redemption fund and due from United States Treasurer.,Other assets -

7,51410

863831

22810175

2,4001940

2

7,137

3,125821829

12837212

1, 51118540

Total. 15,615

LIABILITIES

Capital stock paid inSurplus.Undivided profits—net•Reserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding -Due to banks *__Demand deposits. _ _Time deposits (including postal savings deposits)United States deposits

Total deposits ,Bills payable and rediscounts

950320

795

6,1483,290

160IS, 467

14,710

950320

68

15790

3,3125,254

38512,287

TotaL 15,615 14,710

8,0042

2,8391,165

82524

863104

1,7901240

15, 668

950320

8003,1936,5733,338

15418,868

250

15, 668

7,9251

2,7531,202

82223

813117

2,04816402

15, 762

95032064

15778

3,7884,8343,321

3711,9801,655

15, 762




Abstract of reports of condition of national banks at date of each call during year endedOctober 31, 1929 {arranged by States and reserve cities}—Continued

KANSAS—Continued

TOPEKA


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts) _.OverdraftsUnited States Government securities owned _.Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures..Other real estate owned.._Reserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer..Other assets.._ _

Total.LIABILITIES

Capital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaid—Circulating notes outstandingDue to banks L .Demand deposits._Time deposits (including postal savings deposits)United States deposits _

Total deposits _Bills payable and rediscounts.Other liabilities

7,1479

4,8094,781

5S812

1,550447

3,980873016

23,456

1,45046538724

3595

3,24114,2562,598

426SO, 521

11

Total _ 23,456

8,0684

4,9044,359

58921

1,560565

2,426163017

22, 559

1,45046541126

4592

3,14713,3882,557

50619,598

9,0504

4,8404,484

59a25

1,769466

5,659813016

27,014

1,45046539036

11598

3,25217,9122,486

40324,058

13 11

22,559 27,014

7,66525

4,4003,792

54313

1,398457

3,1586325

21, 557

1,35044045523

15489

3,90911,9112,168

43618, m

35011

21, 557



BEPOBT OF THE COMPTBOLLEB OP THE CUBBENCY 465Abstract of reports of condition of national banks at date of each call during year ended

October SI, 1929 (arranged by States and reserve cities)—Continued

KANSAS—Continued

WICHITA


BESOURCES

Loans and discounts (including rediscounts) _OverdraftsUnited States Government securities owned.Other bonds, stocks, securities, etc., owned...Banking house, furniture and fixturesOther real estate ownedBeserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsOther assets.

Total.

LIABILITIESCapital stock paid inSurplus . . -Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid __ _Due to banks *_ . . -„Demand deposits _.._ _Time deposits (including postal savings deposits)United States deposits _

Total depositsBills payable and rediscountsOtberliabilities

Total _

Dec. 31,1928

4 banks

16,5503

4,9667,5101,950

2,956557

8,48612999

43, 206

2,4001,280

215

30110,91220,9896,975

65

43, 206

Mar. 27,1929

4 banks

18,7379

4,2956,8011,860

52,256

6396,367

1385

41,067

2,4001,290

338

3538,322

20, 5267,523

24236,613

41,067

June 29,1929

4 banks

19,64711

2,9257,7081,811

72,919

4907,036

961

42,624

2,4001,300

34910

3578,595

21,7577,190

14587,687

441

42,624

Oct. 4,1929

4 banks

19,85311

2,9847,5141,721

62,400

6297,014

6161

42, 254

2,4001,300

401

4499,447

20,6047,347

12237,5m

10084

42, 254

1 Includes certified and cashiers' checks, and cash letters of credit and traveler^' checks outstanding.




KENTUCKY


Dec. 31,1928

136 banks

Mar. 27,1929

135 banks

June 29,1929

135 banks 135 banks

Oct. 4,1929

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bank,Cash in vaultpue from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther assets

' Total..

LIABILITIES

Capital stock paid inSurplus. __"Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding _..pue to banks1 _Pemand deposits.Time deposits (including postal savings deposits)United States deposits

Total deposits _ ___Agreements to repurchase United States Government or



banksSecurities borrowedOther liabilities

Total _

115,238161

16,86124,002

385,9561,0327,7593,67516, 762

411601

40173189

192,898

14,24610,4042,871

311

11, 7355,046

78,98365,918

293160,240

792,091

40

17375

192,898

114,794225

17,13924,850

475,9431,2237,7183,60810,618

213562

114,610138

16,52424,696

5,9691,2557,9102,67010,488

268567

45183194

158176

187,362 185,497

13,44610,2873,764

308

52211,1124,459

72, 74167,507

438145,145

13, 52110, 3453,034

522

11,2763,578

2,375

456

47183122

310140,748

605,033

15876

187,362 185,497

114,986196

16,37723,918

138,6,0641,231

3,oai8,234

189661

143103

182,096

13,52110,3043,785

372

60511,1362; 728

65,04767,551

218186,644

1006,338

33

182,096

* Includes certified and cashiers' checks, and cash letters of credit and traveler's checks outstanding.




KENTUCKY—Continued

LOUISVILLE


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned-__Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures. ___Other real estate owned.. -Reserve with Federal reserve bank _Cash in vault ..Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _-Securities borrowed-Other assets -

Total -

LIABILITIES

Capital stock paid in -Surplus. ._. -.Undivided profits—netReserves for dividends, contingencies, etc. _ _Reserves for interest, taxes, and other expenses accrued and

unpaid..Circulating notes outstandingDue to banks 1. -Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits ._Agreements to repurchase United States Government or

other securities soldBills payable and rediscounts.--Acceptances of other banks and bills of exchange or drafts

sold with indorsement -Acceptances executed for customers _ _Securities borrowed.. -Other liabilities

Total.. _-— -

76,11026

17,95415, 832

2161,335

735,674

97916,842

435225

634441638

137,414

6, 2505,0001, 430

525

4544,395

27,83549,04827, 227

235104,845

20012,983

634216441541

74, 975136

17,43212,932

1381,422

845,998

84913, 679

119225

391637

66,44540

15,4049,880

130870

124,403

69413,187

227200

1,008961506

129,825 113,967

6,2505,2501,680

343

4304,488

23,04444,15027, 637

92395,754

20013,455

138391

5,5004,7501,080

537

4753,972

21, 23334, 29421,697

87278,096

1,06115, 775

1,008130961622

137,414 129,825 113,967

70, 786182

15,4719,876

16888412

4,7131,066

13,654544200

912891427

119, 786

5,5004,7501,258

349

6523,873

17,02037,48728,825

667

1,26015, 551

912168891623

119, 786

i Includes certified and cashiers' ehecks, and cash letters of credit and travelers' checks outstanding.


468 &EPOBT OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports >oj condition &f national banks <3& date of each call during year endedOctober 81, 1929 (arranged by States and reserve cities)-—Continued

^LOUISIANA

[In thousands df dollars!

Dec. 31,1928

32 banks

Mar. 27,

32 banks

June 29,1929

32 banks

Oct. 4,1929

33 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts - Ûnited States Government securities owned—Other bonds, stocks, securities, etc., owned.Customers' liability account of acceptancesBanking house, furniture and fixtures „ _Other real estate owned..Reserve with Federal reserve bank...Cash in vault __..Due from banks. _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.._.Acceptances of other banks and bills of exchange or drafts


Total -

LIABILITIESCapital stock paid in —Surplus. _ .-•**.Undivided profits—net ,Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstandingDue to banks *_ „ _..Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscounts. •_.Acceptances of other banks and bills of exchange or drafts

sold with indorsement .Acceptances executed for customersOther liabilities.. „

Total

56,67249

5,3594,698

2004,1781,1503,8261,853

13,216313142

44395

92,095

6,9503,124

695171

1382,77611,81944,99619,444

28876,547

937

44.200513

55,76692

5,4484,549

454,2531,1283,2891,7617,446

278167

5323

84, 550

6,9503,128

993104

2143,3077,336

38,13919,800

63865, MS3,136

545

755

56,25548

6,0254,538

4,4131,2342,9311,1827,339

265172

9351

83, 762

6,9503,127

948274

2533,4077,359

38,36719,453

59766,7762,464

1334,4655,039

44,4371,196

1,64711,261

364171

351

89,614

7,0003,1381,040

2883,3729,78240,05019,366

39069,5884,487

92,095 84,550 83,762 89,614

1 Includes certified and cashiers' checks, and cash letters of credit and travelers* checks outstanding.


REPORT OP THE COMPTROLLER OF THE CURRENCY 469Abstract of reports of condition of national banks at date of each call during year ended


LOUISIANA—Continued

NEW ORLEANS


RESOURCES

Loans and discounts (including rediscounts) _Overdrafts _ ._.United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances—Banking house, furniture and fixtures _Other real estate owned _Reserve with Federal reserve bank _ -Cash in vault-..Due from banks___ _Outside checks and other cash items__Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement ._Other assets __.

TotaL

LIABILITIES

Capital stock paid in ,SurplusUndivided profits—net __ -Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid— _.__ _Circulating notes outstanding,Due to banks L__ *—«,...Demand deposits «_„Time deposits (including postal-savings deposits)United States deposits._____.» „

Total deposits „Bills payable and rediscounts..............Acceptances of other banks and bills of exchange or drafts sold

with indorsementAcceptances executed for customersAcceptances executed by other banks for account of reporting

banksOther liabilities _ _.

Total.

Dec. 31,1928

1 bank

30,53021

4,6591,4452,3123, 699

603,011

4387, 543

28978

1,83684

56,005

2,8002,200

730

1441,5419,837

26, 9342, 841

. 1.28540,8972,535

1,8362,917

185122

56,005

Mar. 27,1929

1 bank

28,85235

5,4151,3892,9153,704

302,454

3845,394

14140

1,39312

52,131

2,8002,200

78898

1282, 7817,881

23,4293,4552,892

S7,657

1,3933,952

211123

52,131

June 29,1929

1 bank

30,534165

5,3331,5041,8793,671

302,875313

4,819158140

1,88989

53, 399

Oct. 4,1929

I b a n k

2,438 I

174 i136 j

53,399 I

32,50934

4,4291,4802,7513,671

1062,701

420

24140

3,30027

58, 272

2,8002,20080798

2712,8007,30423,4852,8142,942

36,5A53,241

1.889

2.8002,200929

1332,7798,87823,0501,7953,05486, 7775,469

3. 3003,719

29137

58, 272



470 EEPQET OF THE COMPTROLLER OF THE CURRENCY


MAINE

lln thousands of dollars]

Dec. 31,1928

54 banks

Mar. 27,1929

54 banks

June 29,1929

53 banks

Oct. 41929

53 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.. --United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate owned __. _Reserve with Federal reserve bankCash in vault _ _Due from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total. _- -

LIABILITIES

Capital stock paid in _ _Surplus _Undivided profits—net ..- _Reserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaid _ ,Circulating notes outstanding __ _Due to banks1

.Demand depositsTimedeUnited S'tates deposits


Total _

77, 61224

10, 41457,4322,337

2955,4712,1397,295

546265267

164, 097

• 7,5206,8095,760

558

5265,2272,906

34, 39897,076

201184,581

3,1115

164,097

80, 11127

10, 37956,1772,358

3045,4942,0285,220

358265285

76, 24221

9,82154, 2162,324

2845,3561,5325,423

430245147

163,006 156, 041

7,5206,8096,501

355

6145,2242,417

32, 89197,463

310188,081

7,2206,8155,994

622

4624,8482,547

31, 20891,122

311125,188

4,8893

163,006 156, 041

79,47529

10, 25253,4942,352

3265,7681,8696,925

347245166

161,248

7,2207,1756,223

448

5764,8502,916

36,19791,791

787181,691

3,04817

161, 248



BEPORT OP THE COMPTROLLER OP THE CURRENCY 471Abstract of reports of condition of national banks at date of each call during year ended

October SI, 1929 {arranged by States and reserve cities)—Continued

MARYLAND


Dec. 31,1928

75 banks

Mar. 27,1929

75 banks

June 29,1929

75 banks

Oct. 4,1929

75 banks

BESOURCES

Loans and discounts (including rediscounts)...Overdrafts .United States Government securities owned _'_Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer..Securities borrowedOther assets _

64, 21651

7,34440, 054

64, 29054

7,52340,156

2,742832

4,3461,8133,791

176192

6144

2,762826

4,3011,6033,154

79192

6137

65, 55340

7,55539, 315

52,767

9414,3311,3994,113

146193

156

Total.

LIABILITIESCapital stock paid inSurplus -.Undivided profits—net_____ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstandingDue to banks1 .._Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits^.Bills payable and rediscounts _Acceptances executed by other banks for account of reporting

banks _ _Securities borrowedOther liabilities

125, 707 125, 083 126, 514

5, 5348,1712,376

232

1203, 8141,095

26, 35675,405

96102, 952

2,481

5, 5848,1862,928

153

1503,804

84325, 56975, 550

60102, 022

2,213

5,6598,3012,483

269

1673,8441,151

26, 32275, 735

84108, 292

2,460

21 37 34

Total . 125, 707 125,083 126, 514

68, 00262

7,89839, 620

2,789987

4,9641,7345,770

101193

129

132, 249

5,6598,3143,100

2543,8051,378

30,77777,225

56109,488

1,467

21

132, 249


79003°—30 31



Abstract of reports of condition of national banks at date of each call during year endedOctober 81, 1929 (arranged by States and reserve cities)-*—Continued

MARYL AND—Continued

BALTIMORE


Dec. 31,1928

8 banks

Mar. 27,1929

7 banks

June 29,1929

7 banks

Oct. 4,1929

7 banks

RESOURCES

Loans and discounts (including rediscounts) - _Overdrafts- _._ ....United States Government securities owned ,Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate owned... _Easerve with Federal reserve bank _._Cash in vault -Due from banks.Outside checks and other cash items.Eedemption fund and due from United States TreasurerOther assets

Total _ . . .

LIABILITIES

Capital stock paid in —Surplus _Undivided profits—netReserves for dividends, contingencies, etc..Reserves for interest, taxes, and other expenses accrued and

unpaid. _Circulating notes outstanding.Due to banks *_. _Demand depositsTime deposits (including postal savings deposits)United States deposits ___.

Total deposits... - . .Bills payable and rediscounts __Acceptances executed for customers-__ _ _Other liabilities

Total _..-

95,7717

13,66119,556

2875,250

323

33,7993,923

204

184,215

9,7008,8503,615

5824,06133,75273,816

1,525U8,0917,800287594

83,0322

12,92318,801

279

7,1161,80323,670

180179733

87,422

11,74718,870

2384,671436

6,9531,313

27,784789179538

153,842 160,944

8,7008,2003,703537

5053,51224,08658,12835,2462,999

120,4697,306279641

8,7008,2003,461851

6183,55530,61358,78035,6245,581

130,5984,209238614

184,215 153,842 160, 944

93, 517

11,73018,759

3774,684476

8,1941,69922,770

301177502

163,190

8,9008,4003,684

3,51527,66461,20137,0834, 639

180,6876,213

377662

163,190



REPOET OF THE COMPTROLLER OF THE CURRENCY 473


MASSACHUSETTS


Dec. 31,

144 banks

Mar. 27,1929

144 banks

June 29*1929

145 banks

Oct. 4,1929

144 banks

Loans and discounts (including rediscounts) -OverdraftsUnited States Government securities owned..Other bonds, stocks, securities, etc., owned..Customers' liability account of acceptances..Banking house, furniture and fixtures.Other real estate owned .Reserve with Federal reserve bank..,Gash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer....Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther assets ,

TotaL

LIABILITIES

Capital stock paid inSurplusUndivided profits—net...Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstandingDue to banksl-Demand deposits _ _Time deposits (including postal savings deposits)United States deposits


other securities sold » __.__Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers _Acceptances executed by other banks for account of reporting

banks.Securities borrowedOther liabilities ^

289,07677

44,332138, 239

3213,8931,503

20,09211,82126,954

986754

230

1,025

548,816

28,13826,76017, 245

1,726

1,48014,81320,428

213, 265212, 002

848

1,6509,657

295,22479

135,16430

14, 5301,357

21,31210,08321,133

682772

330

1,213

296,627111

46, 655132,825

26615,170

1,21221,0626,932

22,093760786

230

1,130

548, 501 545, 661

28,38827,09619,0061,043

1,63915,14117,011

202, 052218, 073

1,079488,215

1,50015,585

330

29,03828,49318,1161,778

1,75015,54517,127

197,865215,893

903431,788

1,20017,017

30734

30825

30

Total _ 548,816 548,501 545,661

311,16699

45,851129,985

22815,3821,134

22,3218,633

25,308809788

130

1,369

563,104

29,06328, 54619,8431,186

1, 55415,70218, 621

212,017218,938

2,214451,790

80013,436

1221

730

925

563,104





MASSACHUSETTS—Continued

BOSTON


Dec. 31,1928

10 banks

Mar. 27,1929

10 banks

June 29,1929

10 banks

Oct. 4,1929

10 banks

RESOUBCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities owned _Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures _.Other real estate owned...Reserve with Federal reserve bank ___Cash in vault _Due from banks _.. _Outside checks and other cash items _Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed __Other assets

553,609117

72, 340

21,6072,252

52,2496,339

134, 9676,321

176

50, 299

18, 629

545, 58967

95, 35169,10671, 25921, 635

2,36146, 543

4,614104, 366

4,310181

30, 867

"~I8,~99O"

556, 941101

94,04268, 86067,09321,6012,634

47, 9394,129

90,2855,715

181

23, 57225

11, 249

574,90396

92,11055, 71374,64221,5973,076

51,8475,057

123,5612,570

181

21,11725

13, 782

Total. 1,066,077 1,015, 239 994, 367 1,040, 267

LIABILITIESCapital stock paid inSurplus. _Undivided profits—net.. _.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid __ _.Circulating notes outstanding. __Due to banks1 _Demand deposits _.Time deposits (including postal savings deposits)United States deposits _ _

Total deposits _ __Agreements to repurchase United States Government or


sold with indorsement _Acceptances executed for customers _.Acceptances executed by other banks for account of reporting

banks.. _Securities borrowedOther liabilities

56,35050,18015,7203,413

2,8463,484

135, 350426, 732183, 916

3,507749, 606

7,49135,050

84,623

3,720

56, 35050,18016, 8254,027

4, 1473,584

116, 265407, 258188, 133

4,299716,966

31, 08520, 983

30, 86772, 812

2,155

6,269

56, 35042, 68017, 7005,082

3,2663,612

116,027397, 157178, 592

7,962699,788

35, 62628,900

23,57267, 323

2,26125

8,232

65,62550,42419,0703,572

3,8043,616

128,825422,472185,330

744,968

19,47825,122

21,11776,626

1,28825

5,537

Total. 1,066, 077 1, 015, 239 994, 367 1,040,267



REPORT OF THE COMPTROLLER OP THE CURRENCY 475Abstract of reports of condition of national banks at date of each call during year ended


MICHIGAN[In thousands of dollars]

Dec. 31,1928

129 banks

Mar. 27,1929

129 banks

June 29,1929

129 banks

Oct. 4,1929

126 banks

RESOURCES

Loans and. discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault -.Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowedOther assets _.

Total - ,

LIABILITIES

Capital stock paid inSurplus ___Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid ____Circulating notes outstanding. _Due to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits.Agreements to repurchase United States Government or

other securities sold . - . '.Bills payable and rediscounts _.Securities borrowedOther liabilities _.

Total

161,745118

25, 63789, 75411,9171,244

12,1246,489

19,10365658219

277

329, 665

17, 23511, 9865,398

676

78711,5026,922

94,844171,379

1,436074,581

507,273

19158

329,6

170, 595137

26,07690,97812,2401,317

12, 8295,849

18, 431610587513220

168,888118

26,12189, 64712,8131,194

13,1605,414

18, 84756858912

400

340,382 337, 771

17, 54012, 2876,567

585

82311, 5796,849

101, 699173, 734

1,895m, 177

6,118513118

17, 89013,1705,884

796

1,05111, 7956,919

98, 778172, 982

1,528280,207

2056, 564

12197

340, 382 337, 771

175,853152

25, 37089,89913,1441,555

12, 8975,999

18,153495798

12228

344, 555

18, 29013, 4887, 347

766

1,03111,6817,108

99,769177, 725

1,261

5,56112

516

344, 555





MICHIGAN—Continued

DETROIT

Jn thousands of dollars]

Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

Loans and discounts (including rediscounts) -OverdraftsUnited States Government securities owned..Other bxOndSj stock, securities, etc., owned...Customers' liability account of acceptances-Banking houge, furniture and fixtures _Other real estate ownedReserve with Federal reserve bankCash in vault._Due from banks.Outside checks and other cash items. _Redemption fund and due from United States Treasurer.Other assets

Total _LIABILITIES

Capital stock paid in ,SurplusUndivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _ _Circulating notes outstandingDue to banks 1

Demand deposits. _Time deposits (including postal savings deposits) _ _United States deposits


other securities soldBills payable and rediscountsAcceptances executed for customers ,Other liabilities ,

159,98847

28,46112,7944,1159,944

54510,8562,601

34,9965,682

2321,847

272,108

12,00013,5004,781

122

3824,615

27,759130,43264,979

233228, 403

194,931229

30,49214, 6802,579

11,867641

16,3623,109

32, 3384,657

2324,748

191,45454

24,11411,4552,552

11,392296

17,6572,157

35,8244,740

1721,414

316,865 303,281

14,50016,5005,067

358

1,5234,632

29,183136,79081,489

486247,948

12,50015, 5004,570

18

1,1143,43224,955149,12883,507

8248

8,4064,263

636

22,6202,894

823

3,8002,965

968

Total_ 272,108 316,865 303, 281

202,41870

20,53012,7912,57111,489

30217,2452,85529,208

1721,792

306,829

12,50015,5005,150

36

1,3613,42224,505151,91680,1272,979

259,527

1755,7362,704718

306,829

Încludes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.


UEPQRT OF THE COMPTROLLER OF THE CURRENCY 477

Abstract of reports of condition of national hanks at date of each call during year endedOctober 31, 1929 {arranged by States and reserve cities)—Conitkuied

MICHIGAN—Continued

GRAND RAPIDS


Dec. 31,1928

.2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts ,United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned... „Reserve with Federal reserve bank—•Cash in vault _„Due from banks _Outside checks and other cash itemsRedemption fund and due from United States Treasurer..Other assets

Total..

X1ABILITIES

Capital stock paid in._Surplus _.Undivided proms—netReserves for dividends, contingencies, etcReserves lor interest, taxes, and other expenses accrued and

iinpaid.Circulating notes outstandingDue to banks i.._.Demand deposits ______Time deposits (including postal savings deposits)United States deposits. __.

Total deposits.Bills payable and rediscountsAcceptances executed for customers _ _Other liabilities -

Total.

24,0153

1,9002,312

2,63298

2,211926

4,7224285

110

1,8001,150

74973

501,6793,488

17,15612,625

7988:848

4207

23, 72310

1,9862,459

162,632

1031,849

8484,023

2385

113

13,0046

1,4471,130

2,17259

1,181501

3,0351845

136

37,870 22,734

1,8001,150

S7049

611,680

15, 75512,504

61SI, 809

22816

207

37,870

1,50060040325

65892

1,7048,5007,615

28518,104

941

204

22, 734

15, 74122

1,4441,197

2,17859

1,280473

3, 5551048

126

26,133

1,500650405

79929

2,05112, 5707,428

309

212

26,133

1 Includes certified and cashiers' checks, and cash letters of credit and travelers'checks outstanding.



Abstract of reports of condition of national banks at date of each call during year endedOctober SI, 1929 {arranged by States and reserve cities)—-Continued

MINNESOTA


Dec. 31,1928

266 banks

Mar. 27,1929

266 banks

June 29,1929

263 banks

Oct. 4,1929

260 banks

RESOURCES

Loans and discounts (including rediscounts) _..OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank _Cash in vault.__ -.Due from banksOutside checks and other cash items__Redemption fund and due from United States Treasurer—Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _ .._Other assets—

Total. . . . -

LIABILITIES

Capital stock paid in __SurplusUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes', and other expenses accrued and

unpaid-.Circulating notes outstandingDue to banks * _Demand depositsTime deposits (includiug postal-savings deposits)United States deposits


other securities sold __. -Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersSecurities borrowed..Other liabilities

Total-_

135,150117

28,72774,851

87,6923,156

11, 2145,835

28,091541539

7529

3,805

299,830

19, 6039,6444,395

613

80310,49116, 63289, 830

145, 505875

501,171

758

29106

299, 830

135, 286172

30, 21776,590

67,7583,064

11,0025,266

22, 801420530

137,057123

30,19475, 202

7,8792,813

11, 8564,994

26,499651547

273,814

273,531

296, 953

19, 8389,7674,464

332

52610, 50313, 61187, 270

147, 884808

249, 573

1,759

18, 7759,1973,841

535

49310,89813, 26095,012

146, 8871,115

256,271>

201,196

627

158

727

117

296,953 301,380

137, 804147

29,62275, 324

77,8832, 589

11,8555,136

21,871492534

3,646

301,380 1 296,973

18, 6959,2134, 633

346

72910, 55513, 23490,195

145, 795986

250,210

2,256

746

283

296, 973





MINNESOTA—Continued

MINNEAPOLIS


RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances . . .Banking house, furniture and fixtures..Other real estate owned __Reserve with Federal reserve bankCash in vaultDue from banks -Outside checks and other cash items__.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts


Total _

LIABILITIES

Capital stock paid inSurplus _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _.Circulating notes outstandingDue to banks l

Demand depositsTime deposits (including postal savings deposits)United States deposits-__ .__ _

Total deposits „._Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersAcceptances executed by other banks for account of report-

ing banksOther liabilities _

Dec. 31,1928

7 banks

118,76052

38, 60929,8406,6402,035

85315,1791,867

35, 2052,820

152

1, 543848

254, 403

11,5007, 8601,971

318

1,1022,99753, 68396, 68565,4782,002

217,8481,955

1, 5436, 714

8587

Total I 254,403j

M a r . 27,1929

6 b a n k s

127,11763

37,41027,941

1,3402,312

87315, 473

1,94326, 653

2, 071147

156926

244, 425

12,9007, 8402,420

10

8012,922

52,43789, 69560,877

1,400SO4,409

10, 725

1561,457

25700

244, 425

J u n e 29,1929

6 b a n k s

129,50091

37,31025, 514

1,1382,460

84911, 387

1,84331,8712,074

147

752

244,936

12,9007,8402,299

376

8712,909

47, 30695, 04164,912

2,681209,94O

5,760

1,162

53826

Oct. 4,1929

6 banks

158,99657

34, 62424, 2769,3023,155

84810,0452,238

37,9812, 806

147

285,140

12,9007,8502, 520

59

9702,888

54, 38098,43960, 314

1,528214,661

32,907

9,257

1273,001

244, 936 285,140



480 REP0ST OF THE COMPTKOLLER OF THE


ST. PAUL


Dec. 31,1928

5 banks

Mar. 27,1929

3 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.. ._.United States Government securities owned...Otber bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesReserve with Federal reserve bankCash in vault-—Due from banks __.Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement— .Other assets.. .._. _

Total.

LIABILITIES

Capital stock paid in _SurplusUndivided profits—net._.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks 1

Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscounts ...Acceptances of other banks and bills of exchange or drafts

sold with indorsement... _.Acceptances executed for customersOther liabilities

Total.

73,32619

21,1159,665

561,6728,0491,879

22,3354,453

30

699

143, 298

5,7504,5252,966

651

59727,33058, 73639, 627

440126, 133

57390

143, 298

71,024182

22,7567,766

98107

7,7671,45013,840

35530

2633

64,85513

23,3188,607

41109

7,1741,37618,328

44030

4721

126, 010 125, 016

5,6504,5001,265539

335594

24, 05753, 65832,8141, 814

112,343360

298324

5,8504, 7501,288504

59720,76156, 65932,6811,190

111, Wl

44330

126,010 I 125,016

72,«7934

223309,872

1097,6291,496

18,4168

30

22919

134,376

6,8504,7502,012

583590

22,69859,60434,188

1,270117,760

1,190

2232

494

134,376



REPORT OF THE COMPTROLLER OF THE CURRENCY 481Abstract of reports of condition of national banks at date of each call during pear ended


MISSISSIPPI


Dec. 31,1928

36 banks

Mar. 27,1929

36 banks

June 29,1929

35 banks

Oct. 4,1929

35 banks

RESOURCES •

Loans and discounts (including rediscounts)Overdrafts _United States Government securities owned.._Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances.Banking house, furniture and fixturesOther real estate owned _Reserve with Federal reserve bank _._Cash in vault.._Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets _.

Total

LIABILITIES

Capital stock paid inSurplus _Undivided profits—netReserves for dividends, contingencies, etc. -Reserves for interest, taxes, and other expenses accrued

and unpaid ,Circulating notes outstanding -Due to banks 1

Demand deposits _Time deposits (including postal savings deposits)United States deposits _

Total deposits „_Bills payable and rediscounts -Acceptances of other banks and bills of exchange or drafts

sold with indorsement _ _Acceptances executed for customersSecurities borrowed _Other liabilities _.

Total

54,737301

5,69914,503

1202,352

8434,1272,024

12,478452159

1739393

5,5603,968

84894

1183,1287,793

40,62732,710

69781,8872,196

17120393

55,601282

6,84214,236

9974,0651,850

10,317178158

17367515

97,813

6,5603,9871,164

34

2403,1325,977

41,53132,991

85581,8541,921

17

36737

56,277101

5,61714,035

242,359

9933,6401,2629,173

364152

193370

5,4253,964

97593

2273,0065,000

35,23533,531

71374,4796,122

97,813 94,560

57,279377

5,15514,070

2002,3741,080

1,81411,329

573152

58348

94,560 i 98,729

5,4253,9641,313

31

4352,9786,448

36,81733,463

68677,4*46, sea

2005345

98,729





MISSOURI


Dec. 31,1928

107 banks

Mar. 27,1929

111 banks

June 29,1929

111 banks

Oct. 4,1929

108 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts ._.United States Government securities owned. _.Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowed... . _Other assets _

Total--

LIABILITIES

Capital stock paid in _Surplus..Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks 1_._.Demand deposits _Time deposits (including postal savings deposits)United States deposits _


other securities soldBills payable and rediscountsSecurities borrowedOther liabilities _

Total.

54,08289

15,20116,4902,777

9574,8392,358

12,439357267184171

110,211

7,6553,8761,612

141

915,2917,957

52,27930,161

41090,807

5049118413

110, 211

62,90596

18,94421,2324,0801,0205,6602,4999,170

320294183269

62,27475

18,70720,9794,1231,0295,3422,115

11,531300295210213

126,672 127,193

"i9,0354,1752,153

92

9,0104,1531,807

205

1445,8237,46955,39738,6291,121

102,616

1375,8437,18555,24039,604

621102,660

502,385

18316

573,212

210

126,672 127,193

60,649114

18,48820,8864,1321,1485,3972,531

11,11$366286112161

125,388

8,8754,1272,137

162

1985,5897,680

53,94738,940

568101,136

2652,779

1129

125,388



EBPORT OF THE COMPTROLLER OF THE CURRENCY 483


MISSOURI-Continued

KANSAS CITY, MO.


! Dec. 31,i 1928

10 banks

Mar 27,1929

9 banks

June 29,1929

9 banks

Oct. 4,1929

9 banks

RESOURCES

Loans and discounts (including rediscounts) _.OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned.Customers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned _Reserve with Federal reserve bank.Cash in vault .Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _Other assets

TotaL

LIABILITIESCapital stock paid in _Surplus _ _ _-Undivided profits—netReserves for dividends, contingencies, etc _Reserves for interest, taxes; and other expenses accrued and

unpaidCirculating notes outstanding __.Due to banks *_Demand depositsTime deposits (including postal savings deposits)United States deposits _

Total deposits -Agreements to repurchase United States Government or

other securities sold _ _Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts sold

with indorsement.__ _ _..Acceptances executed for customersOther liabilities

Total.

82,42522

13, 24420, 527

1382,641411

11,1981,549

33,10661148

130

166, 050

7,0503,3774,357

113

73949

57, 21476, 71010,353

6431U, 920

1194,153

138801

166, 050

81, 441156

14, 38716, 333

2,284101

10, 7781,679

30,64743647

377257

158,923

8,0503,3273.106

95

82946

49, 96676,3099,3831,958

137, 616

4,559

377

765

158, 923

83,15119

11, 59017, 970

2,176100

9,9461,224

27,14445848

154, 725

8,0503,3292,943

99

132950

45, 28972,1869,7991,117

128, S91

10,038

793

154, 725

82,75640

10,06618,070

8002,161

199,5571,306

31,650493

1,166

158,132

8,0503,3813, 279

124931

50,82673,29510,025

676184,822

6,025

800634

158,132





MISSOURI—Continued

ST. JOSEPH


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts) _Overdrafts m.United States Government securities ownedOther bonds, stocks, securities, etc., owned..Customers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bank—Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer-Other assets

16,6346

3,1491,706

2338136

1,676663

5,6444617

16,927

3,3331,800

138236

1,660623

4,937521732

Total.

LIABILITIES

Capital stock paid in _Surplus _.Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding _ _Due to b a n k s 1


Total deposits _.Bills payable and rediscountsAcceptances executed for customers _Other liabilities

30,014

1,10095030420

10337

9,76210, 2896,880

13727,068

29,805

1,10095034246

33710,0089,304

23202

135*6,055

7501

185

Tota l . 30,014 29,805

14,645

2,8761,718

138236

1,378490

5,497411733

27,121

1,10095027953

18338

9,2148,170

129£4,806

10167

27,121

14,75711

2,9131,514

38235

1,437513

5,630361729

27,274

1,10095030734

58331

9,1188,7466,117

69$4,080

2502

192

27,274





MISSOURI—Continued

ST. LOUIS


Dec. 31,1928

13 banks

Mar. 27,1929

10 banks

June 29,1929

10 banks

Oct. 4,1929

8 banks

BESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer-..Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther assets...

220,12692

29, 36851,045

8467,682

33222, 8352,406

53,404726491

2131,058

Total. 390,624

LIABILITIESCapital stock paid inSurplusUndivided profits—net .__ _Reserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks 1.Demand depositsTime deposits (including postal savings deposits)United States deposits


other securities sold. _Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsement _Acceptances executed for customers _Acceptances executed by other banks for account of report-

ing banksSecurities borrowed... _ _Other liabilities

T o t a l .

29,55010,8256,340

219

3019,634

73,933171, 261

76, 6771,439

828,810

2007,915

881

232,963227

36,13446,023

1,3976,618

20023,0552,015

43,843165364

178213

1,591

177,872147

19, 81339,948

6543,597

59717,7831,541

31, 516273141

1,337

295, 219

29,50010, 5168,489

206

19,8508,5915,800

422

5797,18372,080166, 72179, 8752, 638

821,814

6952,634

47, Oil135,49562,8192,524

247, 849

10013,983

1781,397

7,773

713

2131,236

2131,3 892

390, 624 394,986 295, 219

156,46743

13, 62036,073

1,4152,667

59215,0901,462

34, 625247132

1,126790

264, 349

16,6506, 5915,717

44

7632,615

44,085115,17056,1811,729

217t 165

11,364

1,436

1,126840

264, 349




Abstract of reports of condition of national banks at date of each call during year endedOctober 81, 1929 {arranged by States and reserne cities)—Continued

MONTANA


Dec. 31,1928

68 banks

Mar. 27,1929

67 banks

June 29,1929

67 banks

Oct. 4,1929

65 banks

RESOURCES

Loans and discounts (including rediscounts).Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedKeserve with Federal reserve bankCash in vaultDue from banks __ __Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets...

47,26163

14,55016,3092,538

8994,8262,460

12, 68917811129

44,72959

14, 47716,0982,636

8694,3242,5078,909

10710933

44,83169

13,79415, 7192,652

8374,1382,1859,381

12110931

Total .

LIABILITIES


unpaid _ _Circulating notes outstandingDue to banks * __ _Demand depositsTime deposits (including postal savings deposits)United States deposits _.


other securities soldBills payable and rediscountsOther liabilities..

Total .

101,913 94, 857 93,867

4,8802,4221,389

180

2442,1594,331

47, 25838,609

42290,6m

4,8552,4411,567

26

2782,1063,51840,61438,930

428

4,8552,5021,616

97

2912,1113,39438,60138,837

40081,288

191,146

17

101,913 94, 857 93, 867

43,93083

13,05715,7732,662818

4,2022,39412,449

20310827

95,706

4,7902,4912,108

21

3022,1314,51642,29936,343

284

1039318

95,706




October SI, 1929 (arranged by States and reserve cities)—Continued

MONTANA—Continued

HELENA


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures_ : __.Other real estate owned _Eeserye with Federal reserve bankCash in vault _ -Due from banks ,Outside checks and other cash itemsKedemption fund and due from United States Treasurer.

5,6176

1,0651,039

9650

478105

1,5182010

4,7445

8851,122

9650

414120

1,2417

10

4,64311947

1,075955041087

1,5143010

4,81022937

1,09095SO386109

2,0342010

Total. 10,004 8,872 9,563

Capital stock paid in —Surplus _Undivided profits—net _ -Keserves for dividends, contingencies, etcCirculating notes outstanding_..Due to banks 1__Demand depositsTime deposits (including postal savings deposits).United States deposits

Total deposits.Bills payable and rediscounts

4503751436

2002,4263,9762,401

278,830

450375102

2001,9233,2022,411

317,667

45037511913200

1,9773,2642,431

437,715

450375160

2002,5633,4952,176

248,868

120

Total. 10,004 8,872 9,563


79003°



Abstract of reports of condition of national banks at date of each call during year endedOctober 81,1929 {arranged by States and reserve cities)—Continued

NEBRASKA


Dec. 31,1928

145 banks

Mar. 27,1929

145 banks

June 29,1929

147 banks

Oct. 4,1929

148 banks

BESOUBCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownadBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve banks . . .Cash in vault _Due from banks. ,Outside checks and other cash items. _Redemption fund and due from United States Treasurer.Securities borrowed _Other assets

Total _

LIABILITIES

Capital stock paid inSurplus, __Undivided profits—net—Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid . . - .Circulating notes outstanding,Due to banks*. . _ _Demand depositsTime deposits (including postal savings deposits) _ _ _United States deposits - -


other securities soldBills payable and rediscounts . . .Securities borrowed.._Other liabilities

Tota l .

60,245143

13,22311,2352,8881,8164,4621,8359,874

17930043

107

106,350

7,6504,0871,310

256

1645,9675,121

43,59534;, 306

20083,222

1903,458

43

106,350

59,548206

13, 56210,8142,8201,5294,7761,879

10,531166288434

58,640129

13,97211,0132,8311,3394,5881,686

10,700186288

33

106,166

7,4104,0681,492

218

1675,7135,819

45,25533,680

15584,909

402,105

431

105,378

7,4754,1131,379

1545,7255,600

44,33834, 554

12984,621

1,616

106,166 105, 378

60,921222

13,9021V6102,8261,090%W1,8559,485

165287

310

106,990

7,5004,0661.63X

225

1455,6594,993

44,98235,086

18085, Hi

2,51931

106,990





NEBRASKA—Continued

LINCOLN


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned _..Other bonds, stocks, securities, etc., owned _Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault--Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer

Total _

Capital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses, accrued and

unpaid....Circulating notes outstanding ._Due to banks1. _Demand depositsTime deposits (including postal savings deposits)United States deposits--

Total depositsBills payable and rediscounts.__Other liabilities

14,62319

1,7172,829

920104

1,738442

3,94919316

26, 550

1,50049019187

30320

7,47612,4253,485

7428,460

472

Total- 26, 550

14,64815

1,9472,635

92995

1,905414

3,9187016

26, 592

1,50049022978

123321

8,31311,8073,320

21188,651

200

26,592

17,78524

2,7263,761

93374

2,412433

4,02448710

32,669

1,55059019575

69199

9,39316,1244,377

10680,000

17,12731

2,719

88570

2,448642

4,83610010

32,163

1,55059027940

2009,543

15,6504,100

12329,416

32,163





NEBRASKA-Continued

OMAHA


Dec. 31,1928

7 banks

Mar. 27,1929

7 banks

June 29,1929

7 banks

Oct. 4,1929

7 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned__ _Other bonds, stocks, securities, etc., owned _.Customers' liability account of acceptancesBanking house, furniture and fixtures . __.Other real estate owned. _Beservewith Federal reserve bank.__Cash in vault _ -Due from banks —Outside checks and other cash itemsRedemption fund and due from United States Treasurer. __Securities borrowedOther assets...

Total

LIABILITIES

Capital stock paid inSurplus..._Undivided profits—netReserves for dividends, contingencies, etc _.Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding _. _Due to banks1


Total deposits..Bills payable and rediscountsAcceptances executed for customersSecurities borrowed __Other liabilities. __

Total _ __

57,00846

15,27212,961

33,311

356

99424,166

550581281

57,79593

14,03012,648

33,302

3297.0641,030

21,177349571179

4312,85612,443

3,293318

7,0011,057

20,895470571174

121,814

5,2002,525

8091,046

1,13432,13153,35715,4991,517

102,6048,090

312

209

117,967

5,2002,540

6171,060

6131,150

34,49850,86315,816

765101,942

4,6513

11180

117,199

5,2002,550

666985

6161,144

30, 61851,84316,024

6,501

11193

121,814 117,967 117,199

59,522130

11.07012,218

3,302179

6,6131,095

25,253

1162

120,205

5,2002,550

861970

1,13834,31751,48417,517

54310S, 861

4,838

11188

120, 205





NEVADA


Dec. 31,1928

10 banks

Mar. 27,1929

10 banks

June 29,1929

10 banks

Oct. 4,1929

10 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts .United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate owned___ __,Reserve with Federal reserve bankCash in vault__ _ __.Due from banksOutside checks and other cash items .Redemption fund and due from United States Treasurer..Other assets _.

11,66519

2,1013,201

939137966436

3,41321602

11,41120

2,2513,160

945128869457

2,33027

Total. 22,960 21, 660

LIABILITIESCapital stock paid in..-_ _SurplusUndivided profits—net __ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _ _Circulating notes outstanding __Due to banks1 . _Demand deposits.__Time deposits (including postal savings deposits)___United States deposits

Total depositsOther liabilities

1,50059018315

851,1952,5558,3268,418

9319,892

1,50061521818

251,1761,6807,6158,725

8818,108

Total _ 22,960 21, 660

11,81735

2,4113,077942135

1,067481

2,90954

22, 989

1,50062521327

951,1942,1598,475

19, S

12,11928

2, 5563,011945133980542

3,19027

23,594

1,50062529021

371,1901,7939,4608,579

9919,931

23,594





NEW HAMPSHIRE


Dec. 31,1928

56 banks

Mar. 27,1929

56 banks

June 29,1929

56 banks

Oct. 4,1929

56 banks

BESOURCES

Loans and discounts (including rediscounts)Overdrafts .United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate owned _Reserve with Federal reserve bankCash in vault _.Due from banks._Outside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowed.Other assets

Total - v . . .

LIABILITIES

Capital stock paid in _Surplus. __ _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid. _Circulating notes outstandingDue to banks *__ ._Demand deposits.Time deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscounts.Securities borrowedOther liabilities

Total

43,21419

10,93217,9702,825

543,6942,1516,315

40623665

159

88,040

5,5005,0763,916

227

534,6784,479

39,06921, 586

45265,5862,929

6510

88,040

42,76136

11,33617,7972,859

593,5001,9604,093

19523665

174

5,5005,1024,277

85

404,6733,367

35,37122,036

5626U SS63,972

6521

85,071

45,08721

10,16717,2032,878

393,6421,5204,440

36323640

143

85, 779

5,5005,1474,130

184

1234,6904,189

35, 27121,606

53661, 6024,345

4018

85, 779

47,30750

10,28417,2692,990

443,7561,664

3682364031

90,241

5,5005,1624,419

864,6854,429

22,326553

67, 2972,951

4032

90,241





NEW JERSEY


Dec. 31,1928

299 banks

584, 773133

69,731246,152

1,28832,9064,928

42, 76117,49854, 7371,4041,139

577200

4,742

1,062,969

54,52055, 68920,6852,448

1,37522, 54420, 705

375, 208466, 443

3,299865, 655

62134, 399

577972

328200

2,956

1, 062, 969

Mar. 27,1929

298 banks

581,840113

69,414243,696

1,42033,8724,853

38,37216,18735,867

8161,140

17400

4,353

1,032, 360

55, 38556, 61023,360

1,510

2,90722, 43218,174

337, 714470, 663

7,135838, 686

5030,993

17826

594400

3,590

1, 032, 360

June 29,1929

299 banks

595,506135

69,955239,825

64734,4615,257

42,70811,95443, 6541,2161,147

5460

5,016

1,051,946

55,50156,81921,9602,584

1,77022,83518, 339

355,033477, 732

7,016858,120

27, 553

5528

240460

3,571

1, 051,946

Oct. 4,1929

299 banks

605,437295

68,635232,814

77035,2675,635

39,46415,04743,7041,0131,166

19260

3,534

1, 053, 060

56,28358,04024,5391,758

2,94322,94719,344

345, 515490,044

6,101861f004

71619, 766

19431

356260

3,998

1,053,060

RESOURCES

Loans and discounts (including rediscounts)Overdrafts.. _United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned _Eeserve with Federal reserve bank___Cash in vaultDue from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther assets _

Total

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _._ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding.Due to banks1 _.Demand deposits _ _Time deposits (including postal savings deposits)United States deposits..


other securities sold..Bills payable and rediscounts-Acceptances of other banks and bills of exchange or drafts

sold with indorsement ,Acceptances executed for customersAcceptances executed by other banks for account of reporting

banksSecurities borrowed"Other liabilities

Total ._.



494 REPORT GF THE COMPTROLLER OF THE CURRENCY


NEW MEXICO


Dec. 31,1928

28 banks

Mar. 27, June 29,1929 1929

28 banks 28 banks

Oct. 4,1929

28 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banks. -Outside checks and other cash items- ,Redemption fund and due from United States Treasurer-Other assets

Total _

LIABILITIES

Capital stock paid in..SurplusUndivided profits—net__ __ __Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks*Demand depositsTime deposits (including postal savings deposits)United States deposits _ _ _

Total deposits. _ _Agreements to repurchase United States Government or

other securities sok l . . .Bills payable and rediscounts _Other liabilities _

Total _

18,85324

5,7665,3121,286

2462,213

9375,235

876319

40,041

2,0601,037

10653

391,2552,151

25,3917,718

12585, 885

4515

40,041

18, 09630

5,9005,4801,294

2451,848

9893,331

446314

18,15012

5,7465,4441,299

2121, 883

9043,501

436324

37, 334 37,281

2,0601,047

1,2531,512

22,1678,442

117

149152

2,0601, 058

15258

161,2531,374

22,2288,244

13481,980

9965352

37, 334 37, 281

18,09121

5,4155,5021,308

2171,861

9503*937

536321

37,439

2,0601,038

36448

151,2361,576

21,1468,233

12081,075

2211,338

44

37, 439



EEPORT OP THE COMPTROLLER OF THE CURRENCY 495Abstract of reports of condition of national banks at date of each call during year ended


NEW YOKK


Dec. 31,1928

520 banks

Mar. 27,1929

519 banks

June 29,1929

521 banks

Oct. 4,1929

524 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts- _United States Government securities owned.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures - _Other real estate ownedReserve with Federal reserve bank _Cash in vault.._ _ _Due from banks. _Outside checks and other cash items ___.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _ _Securities borrowed _Other assets

631,470278

78, 259408,893

14328,9484,051

49, 90319, 21848, 374

1,7841,549

648,895297

77,771395,685

10229, 5794,288

47,88517, 48940,835

1,1151,525

3, 5128 128

672,817228

77,113384, 799

10029,8374,636

49, 75714,14543, 038

1, 5191,515

3129

3.268

751,700309

80,239395,081

28732,2484,850

53,98617,32954,9572,2741,567

5124

2,679

Total . 1,276,264

LIABILITIES

Capital stock paid in _.Surplus _ _ _.Undivided profit—netReserves for dividends, contingencies, etc. _Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding. _ __ _Due to banks i _ _._Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits _.Agreements to repurchase United States Government or

other securities sold -Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsement _Acceptances executed for customersAcceptances executed by other banks for account of report-

ing banksSecurities borrowed _Other liabilities

59, 79258,94732, 2503,466

1,78430, 41618,223

376, 416668, 910

1,7891,065,338

22,140

21

123128

1,770

Total . 1,276, 264

1, 268, 592 1, 282, 904 1,397, 635

61,09560,39036, 3422,730

3,55730,10215, 894

363,159665, 045

2,523

7925, 728

20

82128

1,718

1, 268, 592

63, 02062, 20534,8214,087

1,90430,22518,287

369,423667, 937

2,5291,058,176

10626, 823

310

90129

1,305

68,13369,20241,0543,842

3,95431,04732,041

446,458679,179

2,163', 159,841

10718,142

5172

118124

1,894

1, 282, 904 1, 397, 635





NEW YOBK—Continued

ALBANYi


RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned.Other bonds, stocks, securities, etc., owned._ __ ___Customers'liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank.. ___Cash in vaultDue from banksOutside checks and other cash items. _.Redemption fund and due from United States TreasurerOther assets _

Total _

LIABILITIES

Capital stock paid inSurplus _Undivided profits—netReserves for dividends, contingencies, etc.. _Reserves for interest, taxes, and other expenses accrued and unpaidCirculating notes outstanding. _Due to banks2- _Demand deposits.__Time deposits (including postal savings deposits)United States deposits.._ _

Total deposits _Agreements to repurchase United States Government or other securities

soldBills payable and rediscountsAcceptances executed for customers.._ _ ._Acceptances executed by other banks for account of reporting banksOther liabilities.... _.

Total.. . :

Dec. 31,1928

2 banks

43,281

17, 62524

900112

5,218851

10,38915763

433

85, 328

3,5005,0001,858

428166

1,23013, 53343,60610,973

3668,148

2,4862,346

253

138

85,328

Mar. 27,1929

2 banks

65,9836

5,29515,745

33906138

7,1941,1466,681

55062

590

104,329

3,5005,5001,767

200466

1,23115,09565,73410,523

12691,478

3119

137

104,329

June 29,1929

2 banks

57,1121

5,98214,771

2381,084

506,932

894

1,65662

534

113, 984

3,5005,5001,959

250370

1,23812,17478,5519,774

345100,844

1183

113,984

1 Terminated as a reserve city, effective July 1,1929.8 Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.




NEW YORK—Continued

BROOKLYN AND BRONX


Dec. 31,1928

16 banks

Mar. 27,1929

16 banks

June 29,1929

15 banks

Oct. 4,1929

13 banks

RESOURCES

Loans and discounts (including rediscounts) __Overdrafts __United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banks.._Outside checks and other cash items _.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement... _.Other assets __.

47,4268

4,59714,4041,3022,006

2434,6561,3825,148

32449

1401

Total . 81,947

LIABILITIES

Capital stock paid inSurplusUndivided profits—net - . .Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding _Due to banks *Demand deposits __Time deposits (including postal savings deposits)United States deposits




banks _Other liabilities •

7,0003,7801,688

180

164962

4,30539, 54218,410

87268, m

3,249

1922

454' 418

Total, 81,947

48,09515

5,345

1,2012,298

2444,3041,0583,742

18461

24405

80, 642

7,0003,7051,605

216

2811,2144,335

35,600

1,43360,2S7

4,559

241,067

180554

80, 642

31,1785

3,93311, 212

1,988244

2,705729

2,0277

60

370

54, 458

7,0503,765

903249

4341,199

60521,82415,934

39388,756

1,683

54, 458

28,568

2,192

1981,572

1522,512

6702,231

530

344

46,750

6,2233,545

©60

101599828

20,98411,992

15088,954

97541

224

46,750

1 Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding. ;





BUFFALO


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

EESOURCES

Loans and discounts (including rediscounts)Overdrafts __United States Government securities owned___Other bonds, stocks, securities, etc., owned _.Banking house, furniture and fixturesOther real estate owned. _.- ..-Reserve with Federal reserve bank _Cash in vault- _ -Due from banks -Outside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _

Total .---

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding _Due to banks l _ -Demand deposits —Time deposits (including postal savings deposits)United States deposits.

Total deposits..Agreements to repurchase United States Government or

other securities sold __.Bills payable and rediscountsOther liabilities

Total - - . .

20,9363

3,2396,156

807117

1,448421

2,52312477

453

36,304

1,9501,375

34410

671,5481,6557,869

18,960691

89,175

3001,492

36,304

22,0462

2,5605,862

808148

1,304324

1,7306078

229

35,151

1,9501,375

344

1851,550

8517,241

20, 38325

28,500

1,12542

35,151

6,0885

1,0471,424

250

38292

295102853

9,674

75032513723

5655084

2,0845,649

47,881

12

9,674

6,8922

7511,525

252

442132

428

10,453

7503759550

546140

2,6165,821

8,677

27

10,453






NEW YORK CITY (CENTRAL RESERVE CITY BANKS)


Dec. 31,1928

22 banks

Mar. 27,1929

23 banks

June 29,1929

21 banks

Oct. 4,1929

20 banks

BESOURCES

Loans and discounts (including rediscounts)Overdrafts- _ .__United States Government securities owned.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances _ _Banking house, furniture and fixtures. _Other real estate owned.. _Reserve with Federal reserve bank _Cash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets

Total...

LIABILITIES

Capital stock paid in _Surplus. _ _Undivided profits—netReserves for dividends, contingencies, etc_.._Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding __Due to banks *_ _.Demand deposits _. -.Time deposits (including postal savings deposits)United States deposits


other securities sold _Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsement _ —Acceptances executed for customers ._.Acceptances executed by other banks for account of report-

ing banks . .Securities borrowedOther liabilities.

Total -. - .- .

2,828,5421,314

654,935394,038331, 63762,013

998392,00228,164

1, 698,34031,1701, 684

227,371350

136, 395

2,609,8241,030

684,035407,113310,541

2,911375,33226,714

1,480,91520,9511,684

183,5959

133, 753

2,432,9451,058

467,149319,372243,11362,533

316307,68420,995

559,6763,4311,705

123,3409

114, 798

2,289,3381,491

464,807323,044274,51255,0534,987

289,63821,130

6,788,953 6,300,806 4,658,124

9,8311,783

139,5049

109,436

4,858,253

277,000381,87576,87424,680

11,17833,281

1,831,2402,649,161

538, 67823,775

6t 048,854

46,090280, 618

227, 371330,262

11,750350

44, 770

302,100430,375

80, 72220,516

13,02532,734

1, 685,7292,438,119

498,11876,501

4,698,467

280,425357,025

68,43914,058

15,36733,926

812,6792,046, 315

419,84936,756

3,815,599

310,882381,02581,51114,529

11,58034,245

1,007,8571,979,668

507,99529,702

3,525,222

142, 738

183,595312,187

11,8239

65,522

160,120

123, 340242,540

8,2949

38,982

41,290

139,504269,951

11,9649

36,541

6,788,953 6, 300, 806 4, 658,124 4,858,253





N O R T H CAROLINA


Dec. 31,1928

70 banks

Mar. 27,1929

69 banks

June 29,1929

68 banks

Oct. 4,1929

62 banks

RESOURCES

Loans and discounts (including rediscounts).OverdraftsUnited States Government securities owned.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures.Other real estate ownedReserve with Federal reserve bank._ _Cash in vaultD u e from banksOutside checks and other cash i tems. _ _.Redemption fund and due from United States Treasurer . . .Acceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowedOther assets

110,89486

12,97210,9781,5517,5381,8716,7054,268

21,265632350

108,60665

13,96110,437

5827,5201,7876,1333,823

16,252292351

107,10260

12,95410,720

3707,5781,7326,5482,429

16,997529

362180

374204

461662

Total . 179,652 170,387 168,480

LIABILITIESCapital stock paid inSurplus .-.Undivided profits—net ._.Reserves for dividends, contingencies, etc.Reserves for interest, taxes, and other expenses accrued and

unpaid - -Circulating notes outstandingDue to banks *Demand deposits -Time deposits (including postal savings deposits)United States deposits

Total deposits......Agreements to repurchase United States Government or

other securities sold wBills payable and rediscounts _Acceptances of other banks and bills of exchange or drafts

sold with indorsement _Acceptances executed for customersAcceptances executed by other banks for account of reporting


13,4387,9812,331

452

> 836

13,2507,8242,771

237

885

58,6781,655

140,514

5,013

12, 59558,14757,2342,178

ISO, 154

407,233

13,0657,8382,590

513

7776,702

11,185

54, 5961,814

121,461

38513,903

1,505

46362411

555

27374234

320

50461415

Total . 179,652 170,387 168,480

83,761160

10,6197,007

5566,3221,2954,5593,050

11,298464277

13457451

130,289

9,9006,2412,246

208

5,6217,272

38,79244,6911,514

92,269

12311,876

13616

40457117

130,289





NORTH CAROLINA—Continued

CHARLOTTE


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement. _._Securities borrowedOther assets

17,4493

2,8951,6821,165

321,062

1411,705

3773

Total. 26, 323 i

LIABILITIES

Capital stock paid in ___.Surplus _Undivided profits—netReserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks i___Demand deposits _ _..Time deposits (including postal savings deposits)United States deposits _


other securities soldBills payable and rediscounts •Acceptances of other banks and bills of exchange or drafts j

sold with indorsement ___'._ :

Securities borrowed _-!

1,8002,0001,316

95

1821,440' 6759,1487, 585

1517,428

2,010

57

Tota l . 26,323

16, 5563

2,8891,6371,165

321,084

1311,541

2072

25,192

1,8002,0001,402

65

1541,431

5029,1947,148

2816,872

741,354

40

25,192

15,3702

2,8201,6531,160

471,054

971,502

2272

50

22

23,871

1,8002,1001,244

103

1521,440

6677,9686,609

22is, me

1,716

50

23,871

15,0543

2,8141,6361,160

481,022

2031,305

1973

87

"22

23, 446

1,8002,1001,340

65

1551,421

5147,929

2015,326

1,152

87

23,446





NORTH DAKOTA


Dec. 31,1928

133 banks

Mar. 27,1929

131 banks

June 29,

125 banks

Oct. 4,1929

122 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ __.United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank—Cash in vault - _..Due from banks__ _ - -.Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _. -Securities borrowed ._Other assets

Total .

LIABILITIES

Capital stock paid in__ _Surplus _ , -Undivided profits—net. ._Reserves for dividends, contingencies, e tc .Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks 1


Total deposits -Agreements to repurchase United States Government or

other securities sold - —Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersSecurities borrowedOther liabilities

Total.

46,19366

10,28118, 528

3,0411,8144,2382v001

10, 246247168

12

57

96, 873

5,4152,5861,011

176

463, 2594,912

37, 51041, 294

17083, 886

36449

96,873

45, 70993

10, 71918, 340

3,0941,8093,9711,7127,732

176168

22

92

93,619

5,3852,612

835119

203,2234,145

34,97041,430

21480, 759

51606

93,619

43,60964

9,66116, 317

13,1541,6153,5361,5987,467

209167

2296

87, 696

5,3902,516

785134

3,2143,165

30, 57839, 972

1697S, 884

1551,548

45,303109

9,98217, 514

3,1191,3924,4121,993

12,163241164

2318

96, 712

5,5902,434

970178

953,0905,030

38,863183

83,674

61

19

87,696 I 96,712





OHIO


Dec. 31,1928

314 banks

Mar. 27,1929

310 banks

June 29,1929

308 banks

Oct. 4,1929

306 banks

RESOURCES

Loans and discounts (including rediscounts) _.Overdrafts _ _ _.United States Government securities owned •_.Other bonds, stocks, securities, etc., owned.Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault _ ._Due from banks __Outside checks and other cash items.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _ _Securities borrowed _Other assets.....

311,149352

51,193111,93724,9623,227

23, 34313, 22741,187

8691,407

Total..

2,487

586, 209

LIABILITIES

Capital stock paid in _SurplusUndivided profits—net.. ._Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid —Circulating notes outstanding...Due to banks 1 _Demand depositsTime deposits (including postal savings deposits)United States deposits



sold with indorsementSecurities borrowedOther liabilities

39,92030,36413,897

1,040

56027, 66814,492

220, 885220,480

624456, 481

1913, 226

2,487547

Total. 586, 209

318, 387274

52, 239109, 54124,9413,482

23,11411, 79734, 663

5631,413

2,081911

314, 952211

52, 316106,00425, 3803,706

23,12110, 01533,840

7841,404

122,139

886

583, 406 574, 770

39,45030, 62714, 798

1,003

62327,93110,872

223,104217,791

685452,452

4913,732

2,081660

39,30030,45713, 812

1,239

66327, 82111,300

219,107213, 608

588444,608

2413,457

122,1391,243

307,465222

51,747100,11724,9504,144

21,60211,82231,882

718!, 395

92,225

559,101

583,406 574, 770

38,45029, 57915,277

812

S7027,35310,194

213,281204,103

776428,864

2414,981

2,2251,167

559,101


79003°—30 33




OHIO—Continued

CINCINNATI


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

RESOURCES

Loans and disconnts (including rediscounts)Overdrafts ___ _United States Government securities owned.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances __Banking house, furniture and fixturesOther real estate owned _Reserve with Federal reserve bank__ ._.Cash in vault. -_ _Due from banksOutside checks and other cash items _.Redemption fund and due from United States Treasurer.».Securities borro wed _._ -Other assets

Total

LIABILITIES

Capital stock paid in _ . . ". . . .SurplusUndivided profits—netReserves for dividends, contingencies, etc __Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks i__Demand deposits. _ - . .Time deposits (including postal savings deposits). . . .United States deposits

Total deposits..Bills payable and rediscounts ,Acceptances executed for customersSecurities borrowed _Other liabilities

T o t a l . . . _

52,4397

8,36016, 615

272,665

44,6891,214

15,690100113700170

102, 793

8,1005,3003,904

64

1272,207

16,97441,80319,0581,502

79,8872,970

2770057

102, 793

54,1523

10,73816, 554

2,6844

5,0831,141

12, 75842

113400117

103, 789

8,1005,3004,282

65

1862,240

12, 59046, 77819,0991,483

79,9S03,230

400

52,9146

9,62815,088

45,299

69712,544

76113696155

99, 867

8,3005,6003,686

1672,239

12,17743, 45918,2411,092

4,1008

103, 789 99,867

59, 5921

9,42413,908

852,640

45,413

95511,969

9411345458

104, 710

8,3005,6004,381

70

2342,219

12,40043,39518,064

71374,5728,749

8545446

104,710



KEPOET OF THE COMPTEOLLEB OF THE CUEEENCY 505Abstract of reports of condition of national banks at date of each call during year ended

October 31, 1929 {ârranged by States and reserve cities)—Continued

OHIO—C ontinued

CLEVELAND


Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

3 banks

Oct. 4,1929

3 banks

RESOURCES

Loans and discmints (including rediscounts)Overdrafts _ _United States Government securities owned _.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances _.Banking house, furniture and fixturesOther real estate ownedEeserve with Federal reserve bank _ ___Gasli in vault _-.Due from banksOutside checks and other cash iteras.__Bedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed.._ _Other assets w _.

Total___ _

LIABILITIESCapital stock paid inSurplusUndivided profits—netBeserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid .Circulating notes outstandingDue to banks 1 __Demand depositsTime deposits (including postal savings deposits)United States deposits -



banksSecurities borrowedOther liabilities . . _ .

Total _

61,817213

15,18513,4382,6512,943

374,802

64914, 412

155180

4863,063

722

120, 753

4,8003,8501,516

127

3, 51115, 31934,35739,9572,150

91,7887,795

4863,097

203,063

120, 753

9616, 41711, 7102,4602,941

424,100

7617,696

647180

3,5083,482

781

69,35619

14,88511,4141,6232,930

325,295

5897,444

269180

1,8153,529

814

123, 019 120,194

5,5004,3501,559

93

3,5426,771

37, 86345,9874,024

94, 6^52,800

3,5082,487

123,482

142

5,5004,3501, 550

197

6513,6007,696

37, 32045, 6495,103

95,7681,320

1,8151,730

223,529

162

123,019 120,194

70,27832

12, 39212,4585, 374

774,752

6888,423

891180

3,1903,746

564

125, 973

5,5004,3501,697

102

1,0443,5639,236

36, 25744,2285,264

91,9852,115

3,1905,487

3,746194

125,973




Abstract of reports of condition of national banks at date of each call during year endedOctober SI, 1929 (arranged by States and reserve cities)—Continued

OHIO—Continued

COLUMBUS


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank__ _Cash in vau l t . . . _ -Due from banksOutside checks and other cash items _._Redemption fund and due from United States TreasurerSecurities borrowed

Total.

LIABILITIES

Capital stock paid in _SurplusUndivided profits—netReserves for dividends, contingencies, etc__Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks i . . .Demand depositsTime deposits (including postal savings deposits) _United States deposits

Total deposits.... _Bills payable and rediscounts _Acceptances executed by other banks for account of reporting

banks _Securities borrowed _

Total ._

49,95210

5,899

3,91660

5,2371,676

12,72813591

200

90, 742

5,0005,3501,333

63

1361,812

15, 71543,55112,4321,114

72, 8123,995

41200

90,742

51,62511

7,41610, 274

283,910

665,8941,522

13,53111992

400

94,888

5,0005,3501,386

2031,823

14, 05950, 79811, 541

68077,0783,557

400

94,888

50,9986

6,8359,891

184,427

825,6311,169

11,15025692

200

90, 755

5,0005,3501,292

4741,817

12, 74147, 24410, 969

80871, 7624,779

18200

90,755

51,0599

6,6679,231

194,416

815,3981,656

15,73114092

300

94,799

5,2005,3501,344

128

3371,790

13,42451,13112,1591,047

77, 7612,570

19300

94,799




October 81 y 1929 {arranged by States and reserve cities)—Continued

OHIO—Continued

TOLEDO


Dec. 31,1928

lbank

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)United S tates Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesReserve with Federal reserve bank..Cash in vault _Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets

Total

LIABILITIES


unpaid __.Circulating notes outstanding __Due to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits


Total ,

8,4743,5212,533

452826150

1,0991625

17,176

5001,500

47790

4851,7724,404

IS, 6181,500

8

17,176

8,8773,5212,609

547785291

1,3801625

105

18,156

7001,600

49085

108491

1,4635,2116,314

92IS, 0801,600

2

18,156

3, 5211,527

563698163

1,283232575

15,808

7001, 599

46415

49496

1,4395,0255,012

5811, 584

9501

15,808

7,5943,5461,543

567571186

1,094152594

15,235

7001,600

4861

89492

1,4224,1385,078

4710,6851,180

2

15,235





OKLAHOMA


Dec. 31,1928

310 banks

Mar. 27,1929

299 banks

June 29,1929

293 banks

Oct. 4,1929

286 banks

RESOURCES

Loans and discounts (including rediscounts).Overdrafts _United States Government securities owned_Other bonds, stocks, securities, etc., ownedC ustomers' liability account of acceptancesBanking house, furniture and fixtures.Other real estate ownedReserve with Federal reserve bankCash in vaultDue from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _ __Other assets.

91,491300

30 34237, 644

56,3801,205

11, 7354,773

37, 524485270

90,589364

31, 98037,493

16.2781,069

11,2284,428

26,405481264

89, 509216

30,70734,969

56,132

96310, 3713,496

25,639397263

193251

253179

135150

Total- 222, 598 211,012 202,952

LIABILITIES

Capital stock paid inSurplus. __Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

! unpaidCirculating notes outstandingDue to banks i _.Demand depositsTime deposits (including postal savings deposits)United States deposits _ .__



sold with indorsementAcceptances executed for customers. _Acceptances executed by other banks for account of reporting


14,4154,386

972548

4335,377

14,429135,64043,8061,694

195,569

645

14,1154,3782,491

196

3905,2149,095

126,94746,092

730

100939

13,4654,3632,081

310

2735,2378,114

119, 20545,866

365178,550

3203,129

519355

125371

13584

Total- 222,598 211,012 202, 952

91,786396

29, 68033,191

6,211942

10,8004,205

26,702440256

11186173

204, 979

13,2804,3672,805

193

2624,9748,535

121,80345,296

276175,910

1472,784

11

186

204,979



EEPOBT OF THE COMPTROLLER OP THE CURRENCY 509Abstract of reports of condition of national banks at date of each call during year ended


OKLAHOMA—Continued

MUSKOGEE


Dec. 31,1928

3 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts-. _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank.Cash in vaultDue from banks•Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets.,. ,

Total.

LIABILITIES


unpaid ___Circulating notes outstanding. __Due to banks *.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits ._.Agreements to repurchase United States G overnment or

other securities sold.--Bills payable and rediscounts _Other liabilities _

Total -

5,6532

4,0772,001

36735

760260

2,092543852

15, 391

9002952657

- 62747

2,9945, 3304, 754

10613,184

101

19

15, 391

Mar. 27,1929

3 banks

5,4624

4,1852,292

36735

837226

1, 544373732

15, 058

9002957857

46747

1,3075,8485,421

93

140100

15,058

June 29,1929

3 banks

5,2381

4,2232,297

36633

705220

1,580523830

14, 783

90029552

43748

1,2835,5095,627

8212,501

140

15

14, 783

Oct. 4,1929

3 banks

5,9074

4, 2222, 221

36630

487277

1, 584©33822

15, 251

9002959984

7421,280S,6555, 518

7512,528

140412

16

15, 251

1 Includes certified and cashiers' eheeks, and cash letters of credit and travelers' checks outstanding.



Abstract of reports of condition of national banks at date of each call during year endedOctober 81 > 1929 {arranged by States and reserve cities)—-Continued


OKLAHOMA CITY


Dec. 31,1928

6 banks

Mar. 27,1929

7 banks

June 29,1929

7 banks

Oct. 4,1929

7 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate owned...Reserve with Federal reserve bankCash in vault-._Due from banks.. __Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowed.Other assets

47, 25518

14,46715,9052,662

566,010

87821, 779

3024

90180

Total. 109, 606

LIABILITIES


unpaid ._C irculating notes outstanding _Due to banks1

Demand deposits. _Time deposits (including postal savings deposits)United States deposits


other securities sold.Bills payable and rediscountsSecurities borrowed

5,350850857194

15973

30, 56442, 34928,990

130102, OSS

90

Total. 109,606

41,38813

14,09715,6902,729

65,747

74419,741

3904

90138

46, 22721

13, 74015,6482,722

65,321

61118, 787

3924

90161

100, 777 103, 730

5,9501,320

861145

23474

20, 23544, 29125,743

29490,56S

1,54090

6,2001,320

650182

18172

19, 52143,66127, 251

23990, 672

2004,163

90

100, 777 103, 730

47,79951

13, 60114,8412,715

5,682859

21,534165

4158164

107,573

6,2001,320

827141

31875

22,24143,04227,312

30892,903

5,631158

107,573



EEPOBT OF THE COMPTROLLER OF THE CURRENCY 511Abstract of reports of condition of national banks at date of each call during year ended



TULSA


Dec. 31,1928

6 banks

Mar. 27,1929

6 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned.Customers' liability account of acceptances—Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault__Due from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets __. .__

64,46841

10, 60012, 267

286,071

768,8741,260

18, 79840831

130

Total. 123, 052

64, 91427

10, 41312, 502

656, 234

1167,3301,269

14, 9791363134

118,050

68, 09122

10, 39813, 366

524,984

5308,138

89316, 217

2263110

122,958

LIABILITIES


unpaidCirculating notes outstanding- _Due to banks *Demand deposits _Time deposits (including postal savings deposits)...United States deposits.-. _

Total depositsBills payable and rediscountsAcceptances executed for customers .Other liabilities

6,4502,5001,626

229625

32, 24360,99717, 790

354111,384

28131

6, 4503,1001, 457

207

303618

16, 43264, 69424, 444

121105,691

15965

5, 4502,6501, 261

5

269616

16,09865,01827,176

108108,400

4,25552

Total. 123,052 118,050 122, 958

67, 08923

10, 56714, 738

3765,009

2217,4851,152

15,05233431

126

122, 203

5,9502,650

87837

464588

15, 87762, 68728,436

237107,287

3,912376111

122, 203



512 OF THE COMPTROLLER OF THE CURRENCY

Abstract of reports of condition of national banks at date of each call during year endedOctober 81 > 1989 {arranged by States and reserve cities)—Continued.

OREGON


Dec. 31,1928

88 banks

Mar. 27,1929

86 banks

June 29,1929

86 banks

Oct. 4,1929

87 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securites, etc., owned _Customers' liability account of acceptancesBanking house, furniture and fixtures...Other real estate ownedReserve with Federal reserve bankCash in vault _._Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _.Other assets

Total .--.

LIABILITIES

Capital stock paid in , _.Surplus _Undivided profits—netReserves for dividends, contingencies, etc _ _ _Reserves for interest, taxes, and other expenses, accrued and

unpaidCirculating notes outstanding..Due to banks1 ...Demand depositsTime deposits (including postal savings deposits)United States deposits _


other securities soldBills payable and rediscounts _ _.Acceptances of other banks and bills of exchange or drafts


Total

45, 74862

11, 59516,431

13,187

9054,4672,6909,463

196135

100

95,019

6,1703,1621,017

114

1102,6522,150

47,42030, 935

15480, 659

201,009

10015

95,019

45,09269

11,86516, 218

3,194822

4,1072,4996,875

103136

39

91,019

6,1453,1221,138

50

1412,6701,617

42,85831,020

10275, 597

1142,039

91,019

45, 92769

11, 86115,848

23,206

7814,4132,3438,107

229136

40

92,962

6,1453,1291,181

123

2, 7121,895

45,08130,457

16777,600

141,956

92,962

47,01995

12,18716,264

23,256

7654,5392,6669, 763

205138

6,2453,1641,548

90

1392,7171,979

48,95331,278

110

673

i Includes certified and cashie.rs' checks, and cash letters of credit and travelers' checks outstanding.


REPORT OP THE COMPTROLLER OP THE CURRENCY 513Abstract of reports of condition of national banks at date of each call during year ended

October 31, 1929 {arranged by Stales and reserve cities)—Continued

OKEGON— Continued

PORTLAND


Dec. 31,1928

5 banks

Mar. 27,1929

6 banks

June 29,1929

7 banks

Oct. 4,1929

7 banks

*> RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned _..Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bankCash in vaultDue from banks _ _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts


Total .

LIABILITIES

Capital stock paid inSurplus .Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpa id . _Circulating notes outstandingD u e to banks *Demand deposits -T ime deposits (including postal savings deposits)United States deposits ____


sold with indorsement _Acceptances executed for customersAcceptances executed by other banks for account of reporting

banks

Total-

44, 65553

34,45426,880

833, 343

326, 5171,194

18, 766244126

851347

137, 545

6,4003,2702,592

212

3542,510

15, 50049, 25756, 388

123121, 268

85175

13

137, 545

47, 67654

34, 74428,428

1333,473

247,3871,430

14, 316117126

167478

52, 70137

35,13828,019

1753,483

246,9431,200

16, 726358125

22358

138, 553 145, 309

6,8003, 5302,434

248

5542, 456

14, 94049, 56657, 249

153121, ÔS

325

16782

51

7,0003,5502,380

149

2502,510

15, 11151, 50559, 236

165126,017

3,250

22

119

138,553 145,309

54, 98130

34,43427,076

673, 486

247,1871, 592

17, 049201126

10448

146, 711

7,0003, 5502,590

60

8852,566

16, 46853, 82659,213

17112 9,678

600

1044

23

146, 711





PENNSYLVANIA


Dec. 31,1928

822 banks

Mar. 27,1929

821 banks

June 29,1929

820 banks

Oct. 4,1929

817 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities owned _Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned..Eeserye with Federal reserve bank._Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _Securities borrowedOther assets

901,764223

152,115515, 411

78863, 3198,63564,49631, 79475,7242,1773,082

33249

2,549

909,946254

152, 606512, 680

96163, 7999,42662, 85629,70261, 7961,4423,092

51299

3,074

927, 215242

151,339502,506

83164, 61610,11763,17724,133

2,2433,122

23323

3,650

Total. 1, 822, 359 1, 811, 984 1, 820,165

LIABILITIES

Capital stock paid inSurplus _.Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding •_.Due to banks *_Demand depositsTime deposits (including postal savings deposits)United States deposits .


other securities sold.._Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsement - -Acceptances executed for customersAcceptances executed by other banks for account of report-

ing b a n k s . . . . . fc _Securities borrowedOther liabilities **

92, 875153,03047, 0123,066

3,11261,01222, 786

475,451927,179

2,5951,428,011

94, 423155, 736

51, 8101,740

3,78361, 27321, 254

452, 739927, 675

3,1711,404, 889

31, 738

33539

249249

1,433

35,232

51646

315299

1,837

157, 90549, 3413,708

3,10862,16621, 577

447, 511922, 255

4,4701, S95,81S

1349,043

23391

440323

1,643

941,044305

149, 682495,043

85866,14710,05562, 27128,63874,213

1,8173,144

62324

3,582

1,837,185

96, 929159, 53856,0761,945

4,32561,62821,026

472,296916,527

4,3231,414,178

1439,668

62559

299324

1,646

Total. 1,822,359 1,811,984 1,820,165 1,837,185



EEPORT OF THE COMPTROLLER OF THE CURRENCY 515Abstract of reports of condition of national banks at date of each call during year ended

October 81, 1929 {arranged by States arid reserve cities)—Continued

PENNSYLVANIA—Continued

PHILADELPHIA


Dec. 31,1928

29 banks

Mar. 27,1929

28 banks

June 29,1929

30 banks

Oct. 4,1929

28 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault _ _Due from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed __ _Other assets

478,83728

49,60887, 56517,76713,3331,389

41, 9858,082

154, 6431,870

301

1,2,471

492,68520

50,61080,45416, 57213,2551,491

41,0609,083

106,4232,641

290

4,8401,6044,436

491,41126

49, 53175,98917, 76613,4401,754

44,9185,510

117,0391,323

293

7,2431,473

18, 879

Total. 865,381 825,464 846, 595

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _ _.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks i _ _Demand deposits _Time deposits (including postal savings deposits)United States deposits __..

Total deposits..Agreements to repurchase United Stated Government or

other securities soldBills payable and rediscounts _Acceptance of other banks and bills of exchange or drafts sold

with indorsement _Acceptances executed for customers__Acceptances executed by other banks for account of reporting

banks -Securities borrowed. __Other liabilities

35, 60880,85812,0062,344

1,9715,937

159, 678381, 034129,3873,070

678,169

22,441

14,319

4,6241,6394,602

80,24213, 2601,842

2,2955,765

137, 641347, 509123, 6594, 210

618,019

1,50044,376

4,84014,204

3,2501,6043,959

37,75087,91211, 5132,270

2,5905,544

141, 515368, 791120,3748,404

639,084.

28,632

7,24313,756

4,7531,4734,075

Total. 865,381 825,464 846,595

497,46615

47,68570,42918,09513,6551,92643,1046,702

106,6812,057280

6,741673

14,000

829,509

38,15687,26613,3921,244

3,4165,535

145,120340,003115,6166,504

w?, m10,00032,319

6,74116,204

6733,952

829,509



516 BEPOBT OF THE COMPTROLLER OF THE CURRENCY


PENNSYLVANIA—Continued

PITTSBURGH


Dec. 31,1928

13 banks

Mar. 27,1929

11 banks

June 29,1929

11 banks

Oct. 4,1929

11 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts --United States Government securities ownedOther bonds, stocks, securities, etc., owned _ _.Customers' liability account of acceptancesBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bankCash in vault.__ _ _ -Due from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementOther assets..

Total.

LIABILITIES

Capital stock paid in -Surplus. __Undivided profits—netReserves for dividends, contingencies, etcJKeserves for interest, taxes, and other expenses accrued and

unpaid .Circulating notes outstandingDue to banks *__Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits __.Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers.._Acceptances executed by other banks for account of report-

ing banksOther liabilities >

229,30312

112,313115,326

35318,5463,968

32,5285,34160,066

726715

8643,059

583,120

28, 95038, 6506,9224,380

3,15813,95486,176258, 606104, 0348,827

467,64327,021

864353

1,225

Total. 583,120

231,612

115,805104,881

16418, 4303,92328,6225,14949,683

244705

5653,081

235,43111

110,32699,737

36618,4423,91232,1163,90450,549

762730

52,859

562,871 559,150

28,45038, 4507,2094,593

3,33713,90778,714237,875110, 41812,171

439,17825,867

565164

1,151

595

2711,016

562,871 559,150

240,2566

108,29793,047

68818,4363,87731,0184,76551,304

303730

52,962

555, 694

28, 45039,4507,4084,805

3,17414, 54679,023240,928114,48511,594MB, 03013,900

28,45039,4508, 5524,497

3,78414,12385,590241, 992105,64311,750

444,97610,281

5323

365889

555,694



EEPOET OF THE COMPTSOJLLEB OF THE CHJKKENCY 517


RHODE ISLAND


Dec. 31,1928

11 banks

Mar. 27,1929

10 banks

June 29,1929

10 banks

Oct. 4,1929

10 banks

KESOURCES

Loans and discounts (including rediscounts) _ —OverdraftsUnited States Government securities ownedOther bonds, stoeks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures__Other real estate owned .._Reserve with Federal reserve bank__Gash in vaultDue from banks _Outside checks and other cash items^Redemption fund and due from United States TreasurerOther assets _..

Total —

LIABILITIES

Capital stock paid inSurplus.-.Undivided profits—net...Beser ves for dividends, contingencies, etcBeserves for interest, taxes, and other expenses accrued and

unpaid.Circulating notes outstanding, _ _Due to banks1-- _Demand depositsTime deposits (including postal savings deposits)United States deposits..

TotaldepQsitsBills payable and rediscounts _Acceptances executed for customersOther liabilities

Total.._ -

33,77812

6,52515,158

80770103

2,4071,5953,589

19197187

64,420

4,6205,1952,556

3143,8652,290

27,93415, 306

31745,847

1,64081

104

64,420

S3,6815

6,45914,234

6776896

2,4411,3532,841

7192152

62,196

4,5205,1202,528

171

1973,7551,440

26, 22915,452

337A 4582,305

6775

62,196

33,752

6,23313,487

3975095

2,1181,0832,710

13192113

60, 589

4,5205,1352,369

313

3413,7991,692

23, 57115,606

32641,1952,806

3972

33,7614

6,37213,155

11675095

2,2651,1962,304

18192

60,326

4,5205,1552,598

236

2113,7991,516

23,89215,971

31541,6941,926

128

60,326



518 REPORT OF THE COMPTROLLER OF THE CTJRRENCf


SOUTH CAROLINA


Dec. 31,1928

55 banks

Mar. 27,1929

53 banks

June 29,1929

53 banks

Oct. 4,1929

52 banks

BESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate owned _ _Reserve with Federal reserve bank..Cash in vaultDue from banks___ ___Outside checks and other cash items .Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement.. _ _Securities borrowedOther assets

76,595137

11, 35115, 4362,0414,9782,6185,0972,973

16, 622240294

267

Total. 138, 747

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks 1.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits....Agreements to repurchase United States Government or

other securities sold...Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customersSecurities borrowedOther liabilities

9,6255,4311,266

500

1505,785

10,86844,28055, 8151,397

112,360

2501,200

2,0419841

Total. 138,747

80,40186

II, 61614,234

8674,9712,5644,2542,597

11,261170291

1119

210

76,36651

10,43714,526

175*,9762, 5493,8671,578

10,356256290

1117

207

133, 552 125,662

9,5505, 4252,026

91

4955,7759,013

39,80254,7003,036

106,561

382,663

11867

1941

9,5505,3861,679

216

5275,8117,688

34, 68553, 2832,529

98,185

724,001

111751782

133,552 125,662

71,22768

9,92814,814

4154,9392,2953,6722,240

12,601222

1015

198

122,927

9,450

1,828452

2095,6429,361

34,70349,927

1,96695,967

3,588

10415

1531

122,927





SOUTH DAKOTA


Dec. 31,1928

96 banks

Mar. 27,1929

95 banks

June 29,1929

93 banks

Oct. 4,1929

92 banks

RESOURCES

Loans and discounts (including rediscounts) . _OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned...B anking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault. _Due from banksOutside checks and other cash items.Redemption fund and due from United States Treasurer.Securities borrowedOther assets

36,00361

10,48416,3412,3121,2353,7791, 689

10, 29828310630

133

Total.

LIABILITIES

Capital stock paid in. __Surplus -Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding _Due to banks *Demand deposits _Time deposits (including postal savings deposits)United States deposits _


other securities sold..Bills payable and rediscountsSecurities borrowedOther liabilities-

82,754

4,5952,1771,004

130

2,1195,542

36,40229,762

34770,058

42830

129

Total- 82,754

36,424114

10, 71016,1442,3651,1423,6351,6287,403

180

79,941

36,95167

10,46615, 7422,3761,0873,5781,4428,874

250953045

81, 003

4,4902,1891,053

1051,9154,720

34, 54629,715

48669,467

46630

173

4,4152,181

944106

1011,8854,696

35, 54429,918

37070,528

3763730

139

79,941 81,003

38,340102

10,42916,2652,409

9093,8201,6268,669

226943089

83,008

4,3902,1401,183

1211,858

37,65129,716

41972,655

42230

140

83,008


79003°—30 34



Abstract of reports of condition of national banks at date of each call during year endedOctober $1, 1929 {arranged by States and reserve cities)—Continued

TENNESSEE


Dec. 31,1928

96 banks

Mar. 27,1929

95 banks

June 29,1929

93 banks

Oct. 4,1929

93 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts..United States Government securities ownedOther bonds, stocks, securities, etc., owned __Customers' liability account of acceptances ,B anking house, furniture and fixtures _Other real estate ownedKeservewith Federal reserve bankCash in vaultDue from banksOutside checks and other cash items __Redemption fund and due from United States Treasurer..Securities borrowed _Other assets _

Total.

LIABILITIES

Capital stock paid inSurplusUndivided profits—net _Reserves for dividends, contingencies, etc _.Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandng -Due to banks 1-Demand depositsTime deposits (including postal savings deposits)United States deposits


other securities sold ._ _ _Bills payable and rediscounts. __Acceptances executed for customersSecurities borrowedOther liabilities

112, 749177

13,97612,856

4466.6521,1497,9464,267

21, 557448500607120

183, 450

12,139

1,672242

4249,92618,50862, 232

1,748145,182

119,451164

14,80213,651

1618,6731,0747,3664,06016, 916

41850357687

120,613146

13, 79815,794

5078, 5591, 7147,2692,98816, 485

563522738

187, 902 189, 785

14, 2148,0832,873112

37610,01615,16161,175

2,449147,681

14,1398,0882,467

10,36112,83960,20371,3151,622

145,979

5,692446607132

3,77116157639

6,56250773860

Total. 183,450 187, 902 189, 785

121, 861^ 187

13,46912, 515

3948,6261,8467,3603,444

17,663568542721184

189, 380

14,1398,0952,793

65

57710,64014,481

1,390143,708

2067,910394721132

189, 380



KEPORT OF THE COMPTROLLER OF THE CUKKENCY 521

Abstract of reports of condition of national banks at date of each call during year endedOctober 31, 1929 {arranged by States a?id reserve cities)—Continued

T ENNESS EE—Continued

MEMPHIS


Dec. 31,1928

lbank

Mar. 27,1929

lbank

June 29,1929

1 bank

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _ _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

11,7562

3,7032,6301,136

1461,498

3726,227

842

Total _ 27,556

LIABILITIES

Capital stock paid in_ _ „SurplusUndivided profits—net..'Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid.. _ ....Circulating notes outstandingDue to banks 1.Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscounts _Other liabilities

1,00080020135

1550

6,49610, 3518,510

37

61

Total- 27,556

11,09532

4,7572,6451,137

1451,152

3703,824

512

25, 210

1, 00080015358

13550

4,5689,3388,993

18$2,917

97

25,210

12,0526

4,7452,2611,136

120411258

3,139572

24,187

1,00080025158

1550

3,0729,4578,825

5221,406

500107

24,187

39,96274

3, 7674,7233,239

1202,710

74116,317

1473

94

71,897

4,5004,3002,110

61

14050

13,57223,87048,052

13«65,6304,905

201

71,897

1 Includes <3ertified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.




TENNESSEE—Continued

NASHVILLE


Dec. 31,.1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank _.Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowed.-- ___ . - .Other assets.. _._

Total _

LIABILITIES

Capital stock paid inSurplus __ _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid... _Circulating notes outstandingDue to banks i _Demand deposits ___ .-.__.Time deposits (including postal savings deposits) __..United States deposits

Total deposits ,. ._...Bills payable and rediscounts _Acceptances executed for customersAcceptances executed by other banks for account of report-

ing banksSecurities borrowed...Other liabilities

Total

51,99314

3,7063,560

1471,960

3573,239

57912,230

43416011584

78, 578

5,3254,3551,084

2543,16112,99124,22024,143

3961,8982,344

139115392

78, 578

56,09513

3,7053,776404

2,005374

3,765613

9,2722531609084

5,3254,3851,209

45

3,16515,00025,19721,847

2462,0683,273

10

39490347

80,609

56, 61723

4,8826,779147

2,044381

3,654486

10, 21659221790208

5,8255,13595927

4444,32710, 63324, 573

10964,0045,000

37

11090378

86, 336

57,62032

5,0133,999237

2,060373

3,391784

12,1483322259094

5,8255,1359951

4413,6339,41125,04423, 897

3468,88611,322

7

230





TEXAS


Dec. 31,1928

592 banks

Mar. 27,1929

584 banks

June 29,1929

584 banks

Oct. 4,1929

582 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances....Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank—Cash in vault-._Due from banks—Outside checks and other cash items.Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets— _

307,9031,056

71,61433, 328

311,0101,090

76,77730,586

299,452799

70,29532,220

17, 6416,101

30, 25714, 68994,9552,0621,168

775

17, 6165,92527, 73213,14468, 2761,2891,168

17, 7595,87225,00310,49060,0991,6281,169

653542

419396

Total. 582,006 555, 814 525, 601

LIABILITIES


unpaid..Circulating notes outstanding.,Due to banks *Demand deposits _ _Time deposits (including postal savings deposits)United States deposits

Total deposits.... ,Agreements to repurchase United States Government or


sold with indorsement -Acceptances executed for customersSecurities borrowedOther liabilities ._». -_ . .

46,02025,1219,0701,312

43,905360, 51065,8043,545

478,764.

1602,121

45,60525,03912, 364

502

64723,02132,166

335, 21872,1873,588

448,159

4633,949

45, 58525,24911, 5561,194

69123, 23226,139

305, 57470, 7942,915

405,4%2

1,25410,575

285653406

419424

Total . 582,006 555,814 525, 601

310,2781,606

65,32233,096

817, 6885, 815

27,44013, 70374,9312,3261,176

316419

554,124

45, 31025,02513, 378

739

79322,94331,615

327,44071,9002,944

488,899

1,3049,890

316519

554,124





TEXAS—Continued

DALLAS


Dec. 31,1928

7 banks

Mar. 27,1929

6 banks

June 29, ! Oct. 4,1929 I 1929

6 banks 6 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned .Other bonds, stocks, securities, etc., owned _ _..Customers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement .Other assets __.

Total.

LIABILITIES

Capital stock paid in _SurplusUndivided profits—net ._.Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid— _Circulating notes outstanding.Due to banks *Demand deposits _Time deposits (including postal-savings deposits)United States deposits



sold with indorsement _Acceptances executed for customersOther liabilities

Total.

107,948148

30, 8109,3954,5994,950

7389,7501,484

30, 5081,242

317

250176

202, 315

13,6504,3505,243

356

6746,221

43,61474,13531,15914, 301

168,209

1633,475

2504,599

125

202,315

92,76588

34,2809,2723, 4654,905

7099,1311,230

24,680731280

89,71776

26,6508,6222,5255,122

7068,3091,100

22,349587280

259 167

181,795 j 166,210

13,1504,7005,349

416

4605,488

27,14271,12335,37014,248

U7,883

860

3,47613

181,795

13,1504,7005,159

442

5475, 561

21, 838

33,09010,558

183,784.% 303

2,6059

166, 210

103,000257

20,67510,0435,4585,246

6987,1481,414

30, 855808280

50168

186,100

13,1504,7005,633

403

6755,475

33, 66171, 08429,49112, 346

146,589

3,625

505,787

17

186,100

i Includes certified and cashiers' checks, and cash letters of credit and. travelers' checks outstanding.




TEXAS—Continued

EL PASO


KESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, e t c , owned.....Customers' liability account of acceptances _Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault „_ _Due from banks _Outside checks and other cash items _..Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts sold

with indorsement

Total .

LIABILITIES

Capital stock paid inSurplus _Undivided profits—netReserves for interest, taxes, and other expenses accrued and

unpaid ._Circulating notes outstanding.Due to banks 1 _Demand deposits „Time deposits (including postal savings deposits)-.United States deposits


other securities soldBills payable and rediscountsAcceptances of other banks and bills of exchange or drafts sold

with indorsementAcceptances executed for customers

Total _

Dec. 31,1928

3 banks

16,71516

5,4783,792

2741,103

1592,032

6755,024

14940

223

35, 680

1,600800180

21788

4,37918, 2547,6301,279

SI, 542

252

223274

Mar. 27,1929

3 banks

16,61113

6,6262,948

2601,104

1632,028

6334,683

11240

35, 221

1,600900130

37784

3,52317,7888,0042,195

81,510

260

35, 221

June 29,1929

3 banks

16,45443

5,2273,117

1781,115

1442,113

2903,858

26540

32, 846

1,6001,000

164

25799

3,36417,1837,523

81828,888

90100

2178

32,846

Oct. 4,1929

3 banks

17,32441

4,2973,444

1471,116

1421,978

. 4314,902

22040

17

34,099

1,6001,000

214

64781

3,40817, 6927,139

68028,919

1,357

17147

34,099





TEXAS—Continued

FORT WORTH


Dec. 31,1928

5 banks

Mar. 27,1929

5 banks

June 29,1929

5 banks

Oct. 4,1929

5 banks

RESOURCES

Loans and discounts (including rediscounts)_ _Overdrafts __United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixture.sOther real estate ownedReserve with Federal reserve bank.Cash m vaultDue from banksOutside checks and other cash items. _ .. -Redemption fund and due from United States Treasurer-Other assets..

Total.LIABILITIES

Capital stock paid inSurplus — -Undivided profits—net -Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstandingDue to banks l.-Demand depositsTime deposits (including postal savings deposits) _ _United States deposits.

Total deposits . ,Bills payable and rediscountsAcceptances executed for customersOther liabilities ,

Total.

52,013151

9,2456,761

2,996890

6,0111,117

19, 75327212834

•9, 371

4,4502,600

86847

742,500

36,94235,12215,608

60088,272

300

260

99,371

49,68989

9,9486,493

1002,997

8915,4021,254

15, 59457012828

93,183

4,4502,6001,200

143

1852,506

18,42643,70816,3391,258

79,7812,206

10062

93,183

\

48,737120

9,6006,268

2,998849

5,413931

15,90830112826

91, 279

4,4502,6001,172

215

1152,549

17, 91740,41817,477

49476,8063,833

91, 279

51, 987152

10,8286,423

2003,000

4995,0771,030

18,73930612722

98, 390

4,9502,6002,100

100

3122,548

19, 07441,20016,9841,093

78,8517,188

20041

98,390



EEPOKT OF THE COMPTROLLER, OF THE CURRENCY 527Abstract of reports of condition of national banks at date of each call during year ended


TEXAS—Continued

GALVESTON


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned _Customers' liability account of acceptancesBanking house, furniture and fixtures... ._Other real estate ownedReserve with Federal reserve bank__Cash in vaultDue from banks . . . __.._Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

21,813275,417

2,842583977167

1,775668

3,6891884'

16,651

6,6852,762400983167

1,515641

3,6531168

Total. 38,060

LIABILITIES

Capital stock paid in „__SurplusUndivided profits—net__Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding. _Due to banks i ,.Demand depositsTime deposits (including postal savings deposits)United States deposits ._•

Total depositsBills payable and rediscountsAcceptances executed for customers _Other liabilities

2,15085034482

1311,3409,0148,28213,994

29SI, S191, 2605831

Total. 38,060

33, 544

2,15085042228

2271,3355,2138,09613, 650

263m, 222

910400

33, 544

14,49819

6,6382,964351981160

1,249496

2,89726

30, 348

2,150850422

1491,3314,0267,52913,092

22724,874

8535140

30, 348

16,02814

6,2312,994900979161

1,187409

4,19613

33,180

2,15085048740

1351,3134,8587,71913,821

23926,637

615-90053

33,180





TEXAS—Continued

HOUSTON


Dec. 31,1928

10 banks

Mar. 27,1929

10 banks

June 29,1929

10 banks

Oct. 4,1929

9 banks

BESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture, and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault ._Due from banks__.Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _ _Other assets _

Total. ..._

LIABILITIES

Capital stock paid in ._Surplus _._Undivided profits—net _Reserves for dividends, contingencies, e t c . . .Reserves for interest, taxes, and other expenses, accrued and

linpaid. _Circulating notes outstandingDue to b a n k s 1 . . - -Demand deposits .Time deposits (including postal savings deposits) __United States deposits __.

• Total deposits.Agreements to repurchase United States Government or

other securities sold _._ ___Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts


Total

87,39650

23,23612,0571,1656,982"

21410,1332,034

27,175348265

1,832308

173,195

8,8505,0801,525

5285,205

35,60071, 30135,9441,845

144,690

513,075

1,8321,165

395

173,195

89,12654

23, 89711,188

4086,496

7079,6512,202

22,290234265

560305

84,76753

20,54010, 6911,3917,288

2058,6381,609

25,161224315

26290

167,383 161,198

9,4506,0902,245

519

5695, 234

25,59374,29636, 7193,719

W, 827

511,300

560408630

9,6506,4402,031

560

6635,294

21, 71572,64936,7422,675

188, 781

40900

261,391

422

167, 383 161,198

92,45459

17, 77010,279

2787, 322

1538,9211,986

26,015469275

284

166, 493

9,4006,4302,616

425

6145,419

32,06466,86736, 0443,051

188, me

2,663

284278310

166,493





TEXAS—Continued

. SAN ANTONIO


Dec. 31,1928

7 banks

Mar. 27, June 29,1929

7 banks

1929

7 banks

Oct. 4,1929

6 banks

EESOURCES

Loan s and discounts (including rediscounts)Overdrafts __United States Government securities ownedOther bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixtures....Other real estate owned.__ _Beserye with Federal reserve bankCash in vault _Due from banks _Outside checks and other cash items ._Redemption fund and due from United States TreasurerOther assets

Total...... _

LIABILITIES

Capital stock paid in __Surplus ___ ,Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid ___Circulating notes outstandingDue to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscountsAcceptances executed for customersOther liabilities. -

Total

41,374161

8,2502,812

43, 484

9984,093

95911,290

145140319

45,021106

10,1732,327

44,160557

4,448973

7,96357187232

74, 029 76, 208

4,6501,670887118

2492,76310,04233,72618,660

13162,559

9254

204

5,9502,3201,495111

3293,7017,325

35, 66517,926

24861,1641,000

4134

74,029 76,208

40,69744

10, 3033,210

4,089367

4,164718

8,46853188138

72, 439

5,9502,3201, 553118

3,7406,51331,92918,426

27557, lJfi1,254

173

72, 439

37,52233

6,5612,394

3, 552276

3,262795

7,693106137126

62, 457

4,9502,1201,528

2472,6947,40027, 45114,030

59

1,823

106

62,457




Abstract of reports of condition of national banks at date of each call during year ended,October 81, 1929 {arranged by States and reserve cities)—Continued

TEXAS—Continued

WACO


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned...Banking house, furniture and fixtures...Other real estate ownedBeserye with Federal reserve bank.. __ _Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States Treasurer.Other assets

Total.LIABILITIES

Capital stock paid inSurplus ._Undivided profits—netReserves for dividends, contingencies, etc _.Reserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding, _.Due to banks *__Demand depositsTime deposits (including postal savings deposits)United States deposits.

Total depositsBills payable and rediscounts

12,28447

4, 6492,037

763239

1,445565

3,5101528240

25, 813

1,650440247

1,6173,160

11,2027,417

3421, 818

12,95959

5,1022,092

763222

1,488532

1,8695682

25, 233

1,650440336

7

451,6151,835

11,9397,344

2221, no

11, 79263

4,9392 234

773196

1,470463

1,472508444

23, 580

1,650440316

15

251,6301,490

10, 3157,510

18919,604

Total . 25,813 25, 233 23,580

12,52852

4, 8702,258

774191

1,803567

3,98660829

27,180

1,650440394

15

411,6283,193

12,1587,181

9322,625

387

27,180



REPORT OF THE COMPTROLLER OF THE CTJRRENCT 531Abstract of reports of condition of national banks at date of each call during year ended


UTAH[In thousands of dollars]

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities owned.Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bank _Cash in vaultDue from banksOutside checks and other cash items _- __Redemption fund and due from United States TreasurerOther assets

Total

LIABILITIES

Capital stock paid inSurplusUndivided profits—net __ ^Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstanding ._Due to banks *Demand deposits - - - _Time deposits (including postal-savings deposits) _ _


Total

Dec. 31,1928

14 banks

7,02319

1,4341,092

42874

5292049381624

11, 781

8003822150

32457221

4, 7894,9459,955

84

11, 781

Mar. 27,1929

14 banks

7,13123

1, 20498843162

45118370817224

11, 224

8003934538

39459113

3,8565,2209,189

2592

11,224

June 29,1929

14 banks

6,97517

1,212994437

554381945923823

10, 975

8003937854

24467134

3,5515,1368,821

3362

10,975

Oct. 4,1929

14 banks

6,86423

1,2121 058

44647

4302077472421

11,079

8003939852

28459185

3,5935,0818t859

3882

11,079




.Abstract-of reports of condition of national banks at date of each call during year endedOctober 81 j 1929 {arranged by States and reserve cities)—Continued.

UTAH—Continued

OGDEN


Dec. 31,1928

2 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts...United States Government securities owned _Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures _._ _Other real estate owned^Reserve with Federal reserve banks. _Gash in vault•Due from banksOutside Gh«cks and other cash items•Redemption fund and due from United States Treasurer.Other assets— _

6,22510

1,1981,303

22529

810171

3, 2782293432

5,33-912

1,5781,243

22029

671186

1,647893425

Total _ 13, 544 11,073

LIABILITIES

Capital stock paid in _ -•Surplus

. Undivided profits—net _ _Reserves for dividends, contingencies, etc. _Heserves for interest, taxes, and other expenses accrued and

unpaid-. ._Circulating notes oustandingDIM to banks 1:l>emand depositsTime deposits (including postal savings deposits)United States deposits.

Total depositsT3ills payable and rediscounts _

750150

7123

4,8465,4441,541

11, 831

7501504197

15669

3, 7474,0901,503

119,351

TotaL 13, 544 11, 073

5,2329

1,6581,175

21929

663105909163824

10, 077

75015031

107

29743

3,1783.5941,478

178,267

10, 077

5,4818

1, 6781, 268

22129

692108

1,245733716

10, 856

75015046

107

7393,4174,2241,365

9,00620

10, 856

1 Includes certified and cashiers' checks, and cash letters of credit and travelers' checks oustanding.



Abstract of reports of condition of national hanks at date of each call during yeat endedOctober 81, 1929 {arranged by States and reserve cities)—Continued

UTAH—Continued

SALT LAKE CITY


Dec. 31,1928

4 banks

Mar. 27,1929

4 banks

June 29,1929

4 banks

Oct. 4,1929

4 banks

RESOURCES

Loans and discounts (including rediscounts) -Overdrafts --United States Government securities owned...Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank,Cash in vaultDue from banksOutside checks and other cash itemsRedemption fund and due from United States TreasurerOther assets _ . _ _

Total. •- »

LIABILITIES

Capital stock paid in _ ._. .__.SurplusUndivided profits—netReserves for dividends, contingencies, etc _Reserves for interest, taxes, and other expenses accrued and

unpaid.Circulating notes outstanding __. —Due to banks * _Demand deposits.- __.Time deposits (including postal savings deposi • s)United States deposits _


other securities sold ,Bills payable and rediscounts -

Total

19,69743

4,6105,646

870113

2,663260

7,848665395

41, 964

2,1001,055

195

941,0459,339

19,3078,373

1237,031

16100

41,964

19,84716

4,3155,191

871112

2,405250

5,336415249

38, 485

2,1001,055

348

1131,0317,093

17, 5878,789

883,477

75

38,485

19,84781

4,1955,077

877110

2,225282

7,892815345

40, 765 I

2,1001,040

351

941,0238,480

18,2368,478

1485, $08

650

40, 765

21,06925

4,2364,862

890108

2,368289

7,491995343

41, 533

2,1001,040

513272

1001,0329,503

17,989

7135,986

550

41, 533

1 Includes certified and cashiers' checks ,and >>ash letters of credit and travelers' checks outstanding.




VERMONT


Dec. 31,1928

46 banks

Mar. 27,1929

46 banks

June 29,1929

46 banks

Oct. 4,1929

46 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures.__Other real estate owned _Reserve with Federal reserve bankCash in vault _ . . .Due from banks.._Outside checks and other cash itemsRedemption fund and due from United States TreasurerSecurities borrowedOther assets...

Total

LIABILITIES

Capital stock paid inSurplusUndivided profits—net __Reserves for dividends, contingencies, etc.. ___Reserves for interest, taxes, and other expenses accrued and

unp aid -Circulating notes outstandingDue to banks1


Total depositsBills payable and rediscountsSecurities borrowedOther liabilities...

Total

41,61341

5,57123,4421,136

1612,8171,1123,933

194215245312

80,792

5,2603,4042,304

254

1084,2642,144

18, 56842,152

29468,168

1,73324562

80,792

41,06244

5,60722, 9471,137

1862,590

9963,036

16021540

273

78,293

5,2603,4042,708

112

1564,2641,544

16,65442,136

13260,466

1, 8074076

42, 72547

5,62123,0241,175

1522,895

9113,247

25021699

317

80, 679

5,2603,4292,416

305

1224,3041,748

17, 61542,743

12962,2852,441

99

80,679

43,36357

5,61122,9971,217

1403,1201,0273,839

198216159240

82,184

5,2603,4292,759

145

1154,2951,698

19,37642,658

12668,8582,001

159163

82,184





VIRGINIA[In thousands of dollars]

Dec. 31,1928

162 banks

Mar. 27,1929

162 banks

June 29,1929

162 banks

Oct. 4,1929

158 banks

EESOURCES

Loans and discounts (including rediscounts) __Overdrafts _United States Government securities owned.Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank __Cash in vault _Due from banks _Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts


Total _.

LIABILITIES

Capital stock paid in _SurplusUndivided profits—net _ _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid _Circulating notes outstanding _Due to banks i_Demand deposits _Time deposits (including postal savings deposits) __United States deposits

Total deposits _ _ _Agreements to repurchase United States Government or


sold with indorsementAcceptances executed for customers_.Acceptances executed by other banks for account of reporting

banks --Securities borrowed _ - . - .Other liabilities

Tota l .

223,283132

27,92625,5632,096

11,6182,668

12, 7035,814

23,1411,277

920

276579

1,029

339,025

25,33418, 6284,3541,713

1,14918, 22617, 01899,909134, 9682,628

4811,813

2762,134

15579

339,025

221, 535210

28, 38825, 5841,365

11, 6252,86710, 9195,89818, 089

638926

576

220,354116

28, 53625,306

79711,7982,95412,0614,56618,997

729

101235

1,075

329, 602 328, 561

25,41918, 6305,441852

1,36718, 28511,52693, 579135, 262

1,721

25, 64318,2024,4791,678

1,17618,67911, 60991, 739

136,1271,976

UU 451

15,189

1,352

25576282

15, 795

101773

24235325

329, 602 328, 561

218, 733182

27, 75224,652

44111, 368

11, 5705,320

22,322647916

73333904

328, 201

25, 39318,1705,791

913

1,42918,05912, 71195,790

133,1092,302

1513,414

73422

19333258

328, 201


79003°—30 35




VIRGINIA—Continued

RICHMOND


Dec. 31,1928

3 banks

Mar. 27,1929

3 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)__Overdrafts -.United States Government securities owned _.Other bonds, stocks, securities, etc., owned...Customers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banks ___Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _Other assets

Total..

LIABILITIES

Capital stock paid inSurplus. _ __Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks *Demand deposits. _Time deposits (including postal-savings deposits)United States deposits _


soid with indorsement.. .Acceptances executed for customersOther liabilities

Total

39,34112

5,0674,988

519509152

1,257243

7,9787350

73271

60, 533

4,3003,800

1291,001

11,75222,65713,883

78049,072

490

73525238

60, 533

41,1713

5,1354,993

250513152

3,202257

7,5381650

167202

63,649

4,3003,775

941211

214982

10,68227,19814,074

54459,4.98

85

167250226

63,649

35,3763

5,2015,238

200266110

3,012264

6,4637550

85219

56, 562

4,0003,750

993244

1,0007,923

23,49213,176

95645,50

450

85200195

56, 562

35,6721

5,0555,420

320269110

2; 713- 3648,252

1850

209

58,492

4,0003,7501,075

108

96510, 67023,18713,380

23047,4$?

330

320212

58,492





WASHINGTON


RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., owned __.Customers' liability account of acceptancesBanking house, furniture and fixtures . .Other real estate ownedEeserye with Federal reserve bankCash in vaultDue from banks _Outside checks and other cash itemsRedemption fund and due from United States Treasurer.Securities borrowed _. -Other assets . . .

Dec. 31,1928

98 banks

Total.

LIABILITIESCapital stock paid in._SurplusUndivided profits—netEeserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid __Circulating notes outstanding _ _Due to banks i „Demand deposits ___Time deposits (including postal-savings deposits)United States deposits. _

Total deposits ___Agreements to repurchase United States Government or

other securities soldBills payable and rediscountsAcceptances executed for customersSecurities borrowedOther liabilities

Total.

69,35049

15,88638,664

5,155617

7,0703,791

13,045539249

58

154,453

9,4904,636

999492

3924,3694,43269,69558,323

783

154,453

Mar. 27,1929

100 banks

74,63966

16,37739, 771

55,346

6157,8803,463

14, 20523423213953

163,025

10,0904,7831,582

4714,4974,46776, 74458,403

489140,103

627865

139

163,025

June 29,1929

98 banks

76,94465

16,46737, 211

35,338

5777,5513,214

13,365538243113

161, 692

10,0904, 7611,508

631

2944,8244,617

74,64157,460

876187,594

831,782

3113

9

161, 692

Oct. 4,1929

100 banks

78, 554391

16,54637,307

55,351

5157,3963,548

13,655392245

81

10,1904,7922,266

579

4404,7814,631

76,18457,722

552189,089

1301,708

5

163,986





WASHINGTON—Continued

SEATTLE

[In thousands of dollarsl

Dec. 31,1928

8 banks

Mar. 27,1929

6 banks

June 29,1929

6 banks

Oct. 4,1929

6 banks

RESOURCES

Loans and discounts (including rediscounts).OverdraftsUnited States Government securities owned._Other bonds, stocks, securities, etc., owned.__Customers' liability account of acceptancesBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vaultDue from banks___ _Outside checks and other cash items._Redemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts


Total.

LIABILITIESCapital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid.Circulating notes outstandingDue to banks *Demand deposits._ _Time deposits (including postal savings deposits) _..United States deposits

Total deposits..Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers. _Securities borrowedOther liabilities

Total .

67,90850

26,54417, 7041,1953,371

1418,2192,181

28,117394228

1,292430253

158, 027

9,4903,0941,569

572

5194,512

21,12775,19135, 3943,387

185, 099

1,2921,301

430149

158,027

67,49644

31, 55715, 5591,0533,247

1008,1091,811

24,715334233

127430295

71, 59543

26, 74813, 715

8543,318

1008,9671,466

27,184477233

78430230

155,110 155,438

10,7003,0002,190

420

6644,656

20, 04971,13032,6446,810

130, 688925

1271,180

430185

11,5004,0001,663

301

5614,634

23,09670, 591

4,236130,511

700

78890430170

155,110 155,438

79,41260

24,26810,829

9253,442

1008,5871,757

23,324234233

757372

154,300

11,5004,0002,502

232

6374,580

21,82969,63732, 7743,726

127,966900

955757271

154,300





WASHINGTON—Continued

SPOKANE


Dec. 31,1928

4 banks

Mar. 27,1929

2 banks

June 29,1929

2 banks

Oct. 4,1929

2 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities owned _ _Other bonds, stocks, securities, etc., ownedCustomers' liability account of acceptances__ _Banking house, furniture and fixtures. __Other real estate ownedReserve with Federal reserve bankCash in vault ___Due from banks.._ _ _Outside checks and other cash items. _ _Redemption fund and due from United States Treasurer.Other assets

24,04728

3,9854,942

19,3628

4,2622,364

2,228278

2,300446

6,02924

16054

1,60890

1,836578

5,14619

10024

Total. 44, 521 35,397

LIABILITIES

Capital stock paid inSurplus _ _.Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid., —Circulating notes outstanding _Due to banks i__Demand depositsTime deposits (including postal savings deposits)United States deposits ___

Total deposits _.Bills payable and rediscountsAcceptances executed for customers

3,20067534370

1113,1655,93214,19616,061

2086, 209

748

2,000400368

1011,9736,48711,97511,692

4480,198

357

Total. 44, 521 35,397

17, 39210

4,6872,128

191,634

891,702290

4,66958100618

33, 396

2,000400205

1361,9955,73411,01111,399

3428,178

46319

33,396

19,10410

3,7231,588

211,597

141,815429

5,19519100

34,181

2,000350

2141,9685,75012,42311,103

30

21

34,181



540 EEFOET OF THE COMPTROLLER OF THE CURRENCY


WEST VIRGINIA


Dec. 31,1928

119 banks

Mar. 27,1929

119 banks

June 29,1929

116 banks

Oct. 4,1929

116 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts....United States Government securities owned ...Other bonds, stocks, securities, etc., ownedBanking house, furniture and fixtures _Other real estate ownedReserve with Federal reserve bankCash in vaultDue from banks -Outside checks and other cash itemsRedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsementSecurities borrowed _Other assets _

Total

LIABILITIES

Capital stock paid in_Surplus _Undivided profits—netReserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid.. _ _Circulating notes outstanding.Due to banks *Demand depositsTime deposits (including postal savings deposits)United States deposits

Total deposits _ _Agreements to repurchase United States Government or


sold with indorsement. _Securities borrowedOther liabilities _

Total, __

128,40376

16, 02320, 9308,2502,3398,3103,97812,159

389523

151,699853

203, 947

13, 40411, 8794,146

725

40010,1869,032

68,17277, 766

850155, 820

1615,435

151,699

77

203, 947

126,22971

17,59421, 5978,2842,3508,1934,416

12,839264512

10365

129, 79559

17,90621, 4348,1762,7388,3234,305

13, 254435519

10542629

203, 522 208,125

13,40411, 7804,957

415

42910,1928,431

69, 31878, 637

533156,919

604,792

10365199

13,83511, 3224,376

650

55610,3238,219

71, 52977,959

544158,251

8,188

1054272

203, 522 208,125

128, 22769

16,91021,4338,2052,8877,6864,023

11, 485394518

10560612

203, 019

13,84511,3365,071

409

70510,1717,231

69, 22576,376

458158,290

7,555

1056067

203, 019




October SI, 1929 (arranged by States and reserve cities—Continued

WISCONSIN


Dec. 31,1928

149 banks

Mar. 27,1929

June 29,1929

150 banks | 151 banks

Oct. 4,1929

151 banks

RESOURCES

Loans and discounts (including rediscounts)Overdrafts _United States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bank,Cash in vault.--Due from banks___lOutside checks and other cash itemsRedemption fund and due from United States Treasurer..Securities borrowedOther assets

Total.

LIABILITIES

Capital stock paid in_ _SurplusUndivided profits—net.. ._Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaidCirculating notes outstandingDue to banks * _Demand deposits _ __ ._.Time deposits (including postal-savings deposits)United States deposits


other securities soldBills payable and rediscountsSecurities borrowedOther liabilities...

Total .

152,308111

28, 39773,66910,489

1,77911,9525.734

24; 716561587

3569

310, 875

18, 02510, 358

6,235872

66211,63510, 89295,061

153, 678983

860,614.

32,360

3108

310, 875

160,800187

29,20473, 74710, 715

1,82312, 2995,303

24,467499590

3607

320, 244

18, 35010, 7146,890

642

87311, 68812, 680

101,631151, 704

1,928267> 94S

3,007

134

320, 244

163, 327127

28, 73271,13110,800

1,89211, 702

5,09123, 577

581589

3554

318,106

18, 87511,1986,5551,126

11, 73311,18097, 799

153,3542, 691

265,024.

2,7123

92

318,106

162, 786165

27,15270,07810, 870

1,58911,3035,413

23, 391538589

2573

314,449

19, 49511,4317, 371

781

1,03811,60411,38794, 578

150,1422,506

258,618

3,9982

116

314, 449





WISCONSIN—Continued

MILWAUKEE


Dec. 31,1928

7 banks

Mar. 27,1929

6 banks

June 29,1929

6 banks

Oct. 4,1929

i banks

BESOURCES

Loans and discounts (including rediscounts)Overdrafts __United States Government securities ownedOther bonds, stocks, securities, etc., owned.Customers' liability account of acceptancesB anking house, furniture and fixturesOther real estate ownedReserve with Federal reserve bankCash in vault.._ _Due from banksOutside checks and other cash items.Bedemption fund and due from United States TreasurerAcceptances of other banks and bills of exchange or drafts

sold with indorsement _ ,Other assets _._

Total.

LIABILITIES

Capital stock paid inSurplus.. _Undivided profits—net _Reserves for dividends, contingencies, etcReserves for interest, taxes, and other expenses accrued and

unpaid. _Circulating notes outstandingDue to banks l

Demand deposits. __.Time deposits (including postal savings deposits)United States deposits _ _

Total deposits _ _Bills payable and rediscountsAcceptances of other banks and bills of exchange or drafts

sold with indorsementAcceptances executed for customers _Acceptances executed by other banks for accounts of report-

ing banksOther liabilities _.

Total.

147,14261

16,02713, 307

1325,2291,2289,9422,731

29,877704217

57568

227, 222

12,1006,9002,675

1,0254,299

32, 61593,88354,007

781181,286

17, 063

5731

1011,005

227, 222

148,65856

15,92910, 724

5585,0911,235

12, 6602,423

27, 382251214

424537

147, 63936

15,4827,9881,6185,1001,339

11,1042,285

24, 226327214

165427

226,142 217, 950

12,4006,9002,949

604

1,5264,249

19, 77750, 804

1,109178, 678

16,179

424463

1,674

VS, 4007,9003,0521,095

1,0584,258

32, 31983, 96551, 233

1,312168, 829

14,440

1651,561

572,135

226,142 217, 950

145,34757

15, 5007,6313,5045,4241,081

11, 3422,608

25,947340214

298361

219, 654

13,4007,9003,429

911

1,5684,238

34,79688, 67751, 021

1,649176,143

7,618

3,491

13645

219,654





WYOMING


Dee. 31,1928

26 banks

Mar. 27,1929

25 banks

June 29,1929

25 banks

Oct. 4,1929

25 banks

RESOURCES

Loans and discounts (including rediscounts)OverdraftsUnited States Government securities ownedOther bonds, stocks, securities, etc., ownedBanking house, furniture and fixturesOther real estate ownedEeserye with Federal reserve bank__Cash in vault_._ _.Due from banks _Outside checks and other cash itemsRedemption fund and due from United States Treasurer..Other assets _

Total _

LIABILITIES


unpaidCirculating notes outstanding ____Due to banks i __Demand depositsTime deposits (including postal savings deposits)United States deposits

Total depositsBills payable and rediscountsOther liabilities _ _.

Total .

21,76634

7, 5896,3091,055

2602,1731,1656,342

55744

46,826 ;

2,3101,580

72875

211,4814,071

21, 83814, 488

170Jfi, 567

64

46, 826

20, 50248

7,4066,0311,067

2511,8821,1274,378

4675

1

42, 814

2,2701,585

82110

211,4762,761

18, 88114, 480

15486, 276

3541

42, 814

20, 77676

6,9165,8451,069

2181,9051,0304,786

8075

42, 776

2,2701,661

69172

1,4852,603

18, 98514,108

8685,782

42, 776

20,82553

6,3065,5711,073

1912,027

9967,107

7474

44,297

2.2701J661

78413

91,4563,252

20, 51513, 701

14337, 611

493

44, 297



TABLE N O . 61,—Abstract of reports of condition of national banks in each Federal reserve district at date of each call during year ended October81, 1929

DECEMBER 31, 1928


DistrictNo. 1(373

banks)

DistrictNo. 2(775

banks)

DistrictNo. 3(687

banks)

DistrictNo. 4(712

banks)

DistrictNo. 5(499

banks)

DistrictNo. 6(377

banks)

DistrictNo. 7(964

banks)

DistrictNo. 8(482

banks)

DistrictNo. 9(663

banks)

DistrictNo. 10

(911banks)

DistrictNo. 11

(688banks)

DistrictNo. 12

(498banks)

TotalUnitedStates(7,629

banks)

RESOURCES

Loans and discounts (including redis-counts). _

Overdrafts"United States Government securities owned_Other bonds, stocks, securities, etc., owned.Customers' liability account of acceptances-Banking house, furniture and fixturesOther real estate owned _.Reserve with Federal reserve banksCash in vaultAmount due from banks and trust com-

paniesOutside checks and other cash itemsRedemption fund and due from United

States Treasurer.Acceptances of other banks and bills of ex-

exchange or drafts sold with indorsement-Securities borrowed _ _.Other assets _.

Total..__ _..

LIABILITIES

Capital stock paid in . __Surplus... _ _ _Undivided profits—net ___Reserves for dividends, contingencies, etc..Reserves for interest, taxes, and other ex-

penses accrued and unpaidNational-bank notes outstanding. _ _.Due to banks (including certified and cash-

iers' checks and cash letters of credit andtravelers' checks outstanding)

1,198,970371

155, 393359, 54986,92452, 5605,015

96, 45930,278

205, 6398,976

2,199

50, 301340

20,996

2,273, 970

4,046,8111,730

1,054, 343334, 317118,933

10, 300489, 44164,444

1,809,95334,896

4,362

227, 936678

145,097

1,232,616188

170, 228488, 625

18,63266, 7149,334

94,39933,047

217,3743,660

2,741

5,9091,8084,636

1,109,857801

259, 954460, 4623,11079, 74911,07699, 72737,044

187,1572,857

3,999

1,3666,8546,344

836, 772520

113, 592149, 3916,49551, 54712,19856, 24624,049

136,6207,323

2,705

3643,3574,198

677,214858

115, 722110,9125,07539,2819,92050, 67924,179

155,8545,872

2,179

1,9671,9062,098

2,121, 7051,036

299, 939469,47328,128108, 20619,015

207, 28853,107

420, 60014,186

4,442

9,2941,381

9,152, 237 2,347, 911 2, 270, 3571, 405,377 1,203,716 3, 767, 698

125,832114,01656, 7177,167

6,46143,315

177,012

394, 285492, 684128, 79330,737

14, 68585,973

1,890,145

116,267210,19251,925

4,12154,278

179,382

125,225137, 60245, 4407,200

6,25678,500

161,630

92, 24073, 64022, 7175,015

53,634

114,753

78,39054,50517,1642,185

2,05643,065

125,120

207,188142,81557,85913,057

11,60188,120

441,799

593,138719

113, 716183,0621,062

26, 3725,73654,20916,295

132, 7583,001

2,018

6581,4322,496

518, 207416

138, 940210, 7926,70423,0008,65052,68918, 666

130,975

8,843

1,391

1,61971

5,723

742, 953985

191, 443213, 940

19743,1708,10088,04925,468

258, 7275,237

1,667

2527

1,541

699, 3711,720

170, 40480, 2286,82542,28110, 24970,161

211,3794,654

2,359

2,394421

2,228

1,136, 672

74,91838,75218, 4202,149

1,89139,828

150,328

1,126,686 1, 582,006

59, 57833,91915, 3702,430

4,96827,294

118,393

84,52340,12818,3153,129

2,78832,943

259, 751

1,329,082

89, 03043, 52719,0122,896

2,66045,969

198,254

1,495,9032,283

467,909336, 58333,93678,25013,454

35,969

315, 74616, 656

2,933

27,9541,56611, 734

15,273, 51711, 627

3, 006, 2364,115. 360

531, 305730, 063123, 047

1, 496, 316386,954

4,182, 782116,161

32,995

329, 76420, 341216,989

2,977, 745

168,125107,31939,8274,526

5,30756,974

255,539

30, 573,457

1,615,6011,489, 099491, 55985, 317

66, 602649,893

4,072,106


Demand deposits...,,.„„„__„,.,,,.Time deposits (including postal savings).„United States depositsAgreements to repurchase United States

Government or other securities soldBills payable and rediscountsAcceptances of other banks and bills of ex-

change or drafts sold with indorsement- -Acceptances executed for customersAcceptances executed by other banks for

account of reporting banksSecurities borrowedLiabilities other than those above stated—

TotaL.Oct. 3, 1928.

883,354642, 010

6,235

9,14159,019

50,30184, 745

2, 273,9702, 219, 981

Increase._Decrease .

3,425,0011, 651, 787

29,938

49,015335,919

227,936332,125

12, 658678

49,878

53,989

9,152, 2377, 759, 580

785,779841,091

6,100

57159,849

5,90914^935

4,8731,8086,005

2, 347,9112, 340,124

1, 392, 657

837, 920776, 800

15, 285

8364,210

1,3663,477

996,8542,410

2, 270, 3572, 268, 553

7,787 1,804

475, 694497,126

12,007

% 422dO, 231

3646,492

623, 3571,815

1, 405,3771, 408,149

2,772

451,832368. 367

12, 784

6,41630,691

1,9675,516

4181,9061,334

1, 577, 6971, 059, 301

11,988

4,849104,110

9,29428,252

9201,3817,467

1,203,716 3,767,6981,178,149 3, 655, 368

25, 567 112, 330

452,117321, 052

3,318

96027,731

6581,097

1,4322,021

403,223441, 409

5,430

1394,795

1,6196,779

711,261

764,470342, 383

8,145

68722,335

2192

5527

1,683

1,136, 672 1,126, 686 !l, 582,0061,118,721 1,125,128 jl, 563, 531

17, 951 1,558 18, 475

665, 237216, 73622,160

62611,421

2,3946,825

4211,914

1, 052, 5481,146, 299

49,947

25624,748

27,95434,290

4851,5662,035

1, 329,0821, 278, 030

51, 052

2,977, 745,994,201

16, 456

11,774,8728, 304, 361

183, 337

75,165785, 059

329, 764524,725

23,24820, 34182,408

30, 573,45728,909, 515

1, 663,942

M A R C H 27, 1929

DistrictNo. 1(372

banks)

DistrictNo. 2(774

banks)

DistrictNo. 3(685

banks)

DistrictNo. 4(707

banks)

DistrictNo. 5(495

banks)

DistrictNo. 6(373

banks)

DistrictNo. 7(958

banks)

DistrictNo. 8(481

DistrictNo. 9(656

banks)

DistrictNo. 10

(898banks)

DistrictNo. 11

(678banks)

DistrictNo. 12

(492banks)


banks)

RESOURCES

Loans and discounts (including redis-counts) ,

OverdraftsUnited States Government securities

ownedOther bonds, stocks, securities, etc., owned-Customers ' liability account of accept-

ancesBanking house, furniture and fixturesOther real estate ownedBeserye with Federal reserve banksCash in vault___Amount due from banks and t rus t com-


States TreasurerAcceptances of other banks and bills of

^xchang^ or drafts sold with indorsement.

1,201,035329

194,167349, 896

71, 35653,2765,002

91, 65725,867

156, 5816,006

2,180

30, 870

3,869, 5141,458

836,8171,047,870

313,497120,97912,426

467,94960,160

1,564,92823, 638

4,351

183, 623

1, 251,787197

170,412476,044

17,46767, 2189,897

92, 58032,952

153, 5953,873

2,733

4,904

1,131,916616

270, 599446, 022

2,76579, 98711, 81895, 37234,150

152, 2152,176

3, 964

4,095

825, 523536

118,369147,337

3,34351,07712,43553, 63023,145

105, 5192,122

284

697, 595781

116, 676107,394

5,55641, 24310,33452,19523, 630

134, 7232,844

2,245

1,492

1, 836, 5751, 540

401,109

23,104100, 57018,468

168, 59248,968

286,0769,074

4,437

1,502

615, 0541,164

125, 938180, 661

1,53526,9215,985

53, 28315, 258

103,1601,320

1,923

1,009

524, 311753

141,895208,385

1,44421, 9398,501

51,72017,130

98, 2543,626

738,9441,372

196,138206, 236

8442,9407,204

83, 76625,398

207, 8623,528

377

685, 0481,609

185, 30975,011

4,68842,4209,981

65, 28622, 717

158, 8913,281

2,378

566

1, 466,8191,886

471, 338324,920

27, 64777, 51314,829

128,49833, 083

262,47310,765

18,985

14,844,12112,241

3, 094,3073,970,885

472,486726,083126,880

1,404, 528362,458

3,384, 27772,253

32, 761

247,867


TABLE NO. 61.—Abstract of reports of condition of national banks in each Federal reserve district at date of each call during year ended October31, 1929— Continued



DistrictNo. 1(372

banks)

DistrictNo. 2(774

banks)

DistrictNo. 3(685

banks)

DistrictNo. 4(707

banks)

DistrictNo. 5(495

banks)

DistrictNo. 6(373

banks)

DistrictNo. 7(958

banks)

DistrictNo. 8(481

banks)

DistrictNo. 9(656

banks)

DistrictNo. 10

(898banks)

DistrictNo. 11

(678banks)

DistrictNo. 12

(492banks)


banks)

RESOURCES—continuedSecurities borrowedOther assets _

Total

13521, 517

537141,423

1,8237,082

6,556 2,3453,609

1,6572,160

16,88612, 513

1,3893,170 5,721 1,596 1,943

2,31013,791

35, 254221, 248

,209,874 8, 649,170 2,292, 564 2, 248,974 1,351, 969 1, 200, 525 3,196,063 1,137, 770 1,085, 277 1, 517, 930 1, 259,827 2,857, 706 29, 007, 649

LIABILITIES

Capital stock paid inSurplusUndivided profits—netReserves for dividends, contingencies, e t c .Reserves for interest, taxes, and other ex-

penses accrued and unpaidNational-bank notes outstanding. _ _Due to banks (including certified and cash-

iers' checks, and cash letters of credit,and travelers' checks outstanding).

Demand depositsTime deposits (including postal savings)_._United States depositsAgreements to repurchase United States

Government or other securities soldBills payable and rediscountsAcceptances of other banks and bills of

exchange or drafts sold with indorsement-Acceptances executed for customersAcceptances executed by other banks for

account of reporting banksSecurities borrowedLiabilities other than those above stated....

Total ,209,874Dec. 31,1928 — |2,273,970

Increase.

125,982114,32861, 7556,143

7,99443,628

150,272830,909657,6167,924

32, 71054,998

30,87072,909

2,155135

9,546

421, 528543,952138,48125,083

20,10685,335

, 740,059, 191,460, 612,15686,303

7,122195,358

183,623314,131

12,898537

71,038

117,290211, 79857,0302,936

5,04854,037

156,173730,224832,4938,403

1,50084,568

4,90414,850

3,4991,8235,988

124,655138,68449,8696,950

7,32578,448

134,780819,639790,98520,230

4961,332

4,0952,651

1536,5562,573

91,11272,97026,6462,992

4,84953,195

89,192449,357495,80214,905

37242,763

2843,303

522,3451,830

80, 56556,10121,6111,457

2,90444,540

111, 764448, 558367, 86017,234

2,43534,049

1,4926,130

7801,6571,388

186,115121, 79855,79910,900

12,15788,031

320,9071,261,975960, 01835,169

6,41885, 563

1,50223,582

53516,886

76,36338,87122,4091,699

2,36338,025

134, 535436, 617334,0096,560

1,10738,914

1,0091,541

1,3892,359

60,97834,05614,5041,389

2,60826, 924

107, 941380,387432, 0496,703

5114,411

1601,561

2569

1,461

85, 78341,16319,8712,446

3,53832,480

209,119741,367349, 5958,907

87019,982

37783

1848

1,500

89,99045, 55824, 5721,854

2,74146,836

128, 562644, 638228,43626, 227

62311, 755

5664,693

2,071

172, 035107,98946,0543,385

9,06055,875

214,286994, 515

1,103,24631, 646

19459,869

18,98528,075

8142,3109,368

1,632,3961, 527. 268538,60167,234

80,693647,354

3,497, 59010,929,6468,164,265

270,211

53,451703,562

247,867473, 509

20,91835, 254117,830

,649,170,152,237

,292,564,347,911

,248,974,270,357

,351,969,405,377

,200, 525,203,716

,196,063,767,698

,137,770,136,672

,085,277,126,686

,517,930,582,006

,259,827,329,082

2,857,7062,977,745

29,007,64930,573,457

Decrease... 64,096 503,067 55,347 21,383 53,408 3,191 571,6351,098

41, 409 64,076 >9, 255 120,039 1, 565,808


JUNE 29, 1929

DistrictNo. 1(371

banks)

DistrictNo. 2(772

banks)

DistrictNo. 3(686

banks)

District.No. 4(704

banks)

DistrictNo. 5(490

banks)

DistrictNo. 6(366

banks)

DistrictNo. 7(960

banks)

DistrictNo. 8(474

banks)

DistrictNo. 9(645

banks)

DistrictNo. 10

(891banks)

DistrictNo. 11

(678banks)

DistrictNo. 12

(493banks)


banks)

RESOUBCES

Loans and discounts (including redis-counts)

Overdrafts '-_-United States Government securitiesowned_Other bonds, stocks, securities, etc., owned.Customers' liability account of acceptances-Banking house, furniture and fixturesOther real estate ownedReserve with Federal reserve banksCash in vaultAmount due from banks and trust com-


States TreasurerAcceptances of other banks and bills of ex-

change or drafts sold with indorsement..Securities borrowedOther assets

Total _

LIABILITIES

Capital stock paid in_—Surplus.Undivided profits—netReserves for dividends, contingencies, e tc .Reserves for interest, taxes, and other ex-

penses accrued and unpaidNational-bank notes outstandingDue to banks (including certified and

cashiers' checks, and cash letters ofcredit, and travelers' checks outstand-ing)

Demand deposits _Time deposits (including postal savings)..United States depositsAgreements to repurchase United States

Government or other securities sold.

1,211,310424

190,806341,69867,39853,8105,138

92,90519,503

147,8407,964

2,234

23,574194

13,515

3,687,4851,414

617,340937,033244,344122,602

8,363402,97446,503

667,9287,638

4,317

123,348598

123,457

1,262,672207

169,268463,911

18,54568,34111,01196,59423,587

168,6633,232

2,764

7,2661,704

21,499

1,138,340449

260,791430,813

2,07181,15412,289

100,94128,469

151,8892,935

1,8826,7646,843

818,059362

116,422146,2811,78550,95712,90054,44518,332

114,1133,561

2,744

2572,395

682,833745

112,805112,4994,57441,06410, 56449,42017,758

119,2254,760

2,327

2,1861,7462,502

1,854,4101,525

264,819400,37722, 774101, 32618,853169,38942,738

324,9079,850

4,339

1,1281,3999,083

552,835600

106,017165,865

78423,5136,30945,41411,931

93,8961,863

1,679

1,0261,7942,824

519,547484

139,921201,7191,18722,2957,88847,14115,844

113, 7114,042

1,380

468

5,507

745,729889

184, 601205, 713

5841,4067,00483,29822,010

210,4634,974

1,640

5152,083

658,4381,279

165,60076,4504,44543,6929,17859,83117,617

148,6333,359

2,432

28465

1,425

1,663,5541,811

473,004367,40929,36897,3449,319

142,59932,378

305,91215,879

2,877

4,1672,41315,778

14,795,21210,189

2,801,3943,849, 768397,333747,504118,816

1,344,951296) 670

2, 567,18070,057

32,715

164,86620,055208,514

2,178,313 6,995,344 2,319,264 2,229,612 1, 346, 611 1,165,008 3, 226,917 1,016, 350 1,080, 738 1, 510, 383 1,192,872 |3,163,812 27,425,224

126,257108,30460,473

7,20244,319

153,090816,666635,35211,342

400,519471,288123,17420, 793

19,59186,018

861,840810,992

1, 525,12745,439

106

121,482221,54553,5015,299

4,96054,686

160,201751,144822,57013,893

13

125,005140,34846,5808,079

79,175

134,835810,896789,37120,334

74

91,35772,50923,5205,093

4,32754,647

91,156436, 558489,51817,013

652

80,01557,19318,3912,169

3,40446,137

92,062412,048375,96718, 352

2,743 i

190,165129,25148,38412,157

11,64686,407

306,1801, 307,8281,004,105

21,733

4,545

65,60336,42118,0752,464

2,30733,145

103,404395,066308,3495,777

1,379

60,04533, 71013,6272,189

2,71327,302

97,840389,270432,8517,156

220

84,*42240,96718,3352,759

3,15832,658

196, 608735,234349,9985,911

1,129

90,27046, 33223,3602,935

2,63347,305

109, 311599,800225,45618,762

1,816

191,360120,12239,9147,879

5,12057,145

240,9121,033,2841,355,800

39.974

157

1,626, 5001,477,990487,33480, 709

73,953648,944

2,547,43910,498, 7868,314,464225,686

49,660


TABLE NO. 61.—-Abstract of reports of condition of national banks in each Federal reserve district at date of each call during year ended October81, 1929—Continued

JUNE 29, 1929—Continued


LIABILITIES—continued

Bills payable and rediscountsAcceptances of other banks and bills of ex-

change or drafts sold with indorsementAcceptances executed for customersAcceptances executed by other banks for

account of reporting banksSecurities borrowedLiabilities other than those above stated. . .

Total-

Mar. 27,1929 _

IncreaseDecrease _

DistrictNo. 1(371

banks)

66,3.1.0

23,57467,628

2,261194

9,622

2,178,313

2,209,874

31,561

DistrictNo. 2(772

banks)

210,199

123,348243,453

8,735598

44,124

6,995,344

8, 649,170

1, 653,826

DistrictNo. 3(686

banks)

76,042

7,26614,151

5,1371,7045,670

2,319,264

2,292, 564

26,700

DistrictNo. 4(704

banks)

54,217

1,8821,833

3676,7642,960

2,229,612

2,248,974

19,362

DistrictNo. 5(490

banks)

53,966

2571,706

792,3951,858

1,346, 611

1, 351, 969

5,358

DistrictNo. 6(366

banks)

46,187

2,1864,999

3981,7461,011

1,165,008

1,200, 525

35,517

DistrictNo. 7(960

banks)

69,012

1,12823,230

4511,3999,296

3,226,917

3,196,063

30,854

DistrictNo. 8(474

. banks)

38,870

1,026843

1,7941,827

1, 016,350

1,137, 770

121,420

DistrictNo. 9(645

banks)

11,002

41,214

5368

1,474

1, 080, 738

1,085,277

4,539

DistrictNo. 10

(891banks)

37,091

67

5151,531

1, 510,383

1,517,930

7,547

DistrictNo. 11

(678banks)

18,209

284,525

4651,665

1,192,872

1,259,827

66,955

DistrictNo. 12

(493banks)

33,002

4,16728,974

1,1672,4132,422

3,163, 812

2,857,706

306,106


banks)

714,107

164,866392,623

18,64820,05583,460

27,425,224

29,007,649

1, 582,425

OCTOBER 4,1929

EESOURCES

Loans and discounts (including redis-counts) -

Overdrafts--. _United States Government securities

owned

DistrictNo. 1(369

banks)

1,252, 388427

188, 841

DistrictNo. 2(769

banks)

3,564, 0622,080

607,611

DistrictNo. 3(681

banks)

1,282,529237

166,108

DistrictNo. 4(702

banks)

1,146,382510

255,184

DistrictNo. 5(479

banks)

798, 654582

111, 735

DistrictNo. 6(365

banks)

684,1061,347

107.584

DistrictNo. 7(948

banks)

1,895,4141,673

253,467

DistrictNo. 8(469

banks)

564,7161,211

97,230

DistrictNo. 9(636

banks)

560,407625

134, 640

DistrictNo. 10

(881banks)

754,0351,425

180,645

DistrictNo. 11

(674banks)

693,8752,368

146, 563

DistrictNo. 12

(495banks)

1,742,4543,021

452, 311


banks)

14,939,02215,506

2,701,919


Other bonds, stocks, securities, etc., owned.Customers'liability account of acceptances-Banking bouse, furniture and fixturesOther real estate owned __-Reserve with Federal reserve banksCash in vault_._ ___ _Due from banks __ ._.Outside checks and other cash itemsRedemption fund and due from United

States Treasurer .Acceptances of other banks and bills of

exchange or drafts sold with indorse-ment. . . . .-_

Securities borrowedOther resources _

Total.. 2,253,028LIABILITIES

Capital stock paid inSurplus fundUndivided profits—netReserves for dividends, contingencies, e t cReserves for interest, taxes, and other ex-

penses accrued and unpaid _National-bank notes outstandingDue to banks.. _Demand depositsTime deposits (including postal savings).-.United States depositsAgreements to repurchase United States

Government or other securities soldBills payable and rediscounts --Acceptances of other banks and bills of

exchange or drafts sold with indorse-ment

Acceptances executed for customersAcceptances executed by other banks for

account of reporting banks..Securities borrowedOther liabilities

Total. . .

June 29, 1929..

Increase..Decrease...

321,96274,98654, 0285,575

98,80823,174

188,4494,585

2,231

21,118479

15,977

7,172,075

134,767116f12165,4275,865

7,61044,412168,260870,952646,19213,335

20, 27852,927

21,11876,975

1,295479

7,015

2,253,028

2,178, 313

74,715

923,312276, 052114,82913,045379,13751,391

967,98212,936

4,369

139,528393

115, 348

2,315,708

431,494496, 510142, 27320,266

17,74985,456

1,061,0662, 728,4641,610,970

37,006

42074,912

139,528270,739

12,762393

42,067

7,172,075

6,995, 344

176,731

451,10118,99370,00311,17893,12929, 024162,9563,487

2,768

6,803884

16, 508

122,569222, 21561, 2192,464

54,229163,181736,414818,45511,229

10, 51472,318

6,80316,803

3,667884

5,860

2, 315, 708

2, 319, 264

3,556

415,3736,304

81,02413, 02296,92033,492159, 0852,901

3,982

3,2246,9346,477

2,230,814

124,605140, 03352, 7006,831

8,63077,950142,321818, 527767, 27520,960

7451,496

3,2245,895

5226,9342,837

142,1762,109

49, 57612, 51052,96121, 290110, 0732,592

2,646

2322,5003,510

1,313,146

88,05271, 05126, 3093, 717

4,20952,40289,308432,415477, 87112,944

25748,179

2322,050

592,5001,591

2,230,814 1,313,146

2,229,612 1,346,611

1,20233,465

101, 6186,307

40, 92610,97748, 52522,455135,7373,877

2,319

4,3721,7002,423

1,174, 273

58,13619,4931,427

3,96644, 668102,137420, 552349, 81718, 693

4,37755,249

4,3727,412

1,7001,021

1,174, 273

1,165, 008

9, 265

397, 47643, 111105,43017, 357

172, 21049, 535

313, 2319,791

4,520

6,2361,9978,637

3, 280, 085

194,725130,62455, 2089,147

13,97685, 290307,061

1, 333, 4281,010,465

21, 590

76557,854

6,23642,827

1,0011,9977,901

162, 6821, 583

24, 7846,40746,11414,726

112, 6372,116

1,651

9312,7122,246

1, 041, 746

65,79737,85021, 7731,408

2,84832, 293110, 859387, 357316, 3684,434

2,23451,266

9311,604

382,7121,974

3,280,085 1,041,746

3,226,917 il, 016, 350

53,168 25,396

203,177 f9,341

22, 9907,176

47, 28417, 442123, 0614,312

1,362

2287

5,797

1,137, 723

61,07533, 57516,9071,201

3,35526, 724110, 525404, 556423, 5705,552

7139,101

229,296

12787

1,979

1,137, 723

1, 080, 738

56, €

201, 2411,176

41, 2636,110

81,777.24,121230,4354,819

1,640

11569

2,437

1, 531, 704

84, 58240, 94921,4982,222

3,23731,875215, 077738, 549349, 3734,821

62235,664

111,178

5691,477

1, 531, 704

1, 510, 383

21,321

78, 4297,015

43, 2588,62961, 22122, 342183, 7154,674

2,345

351362

1,355

334, 58137, 75198, 0089,675

142,34135, 706277,90913,659

2,995

3,31215,531

1, 256, 502 3,175,32427,882,128

89,24545,89427, 5151,978

3,15445,948144,134618,648216, 91720,958

1,39631,095

3517,329

15362

1,563

190,053120, 23044,8074,883

10,77159,363214,782

1, 064, 2661, 300,266

27,759

68284,961

37,823

7643,3124,512

1,256,502 3,175,324 27,882,128

3, 733,108484, 728746,119121, 661

1, 320,427344, 698

2,965,27069, 749

32,828

188,91821,929196, 246

1,667,8491, 513,188555,12961,409

86, 389640, 610

2,828,71110, 554,1288, 287, 52V)

199, 281

41, 690655,022

188,9184.79,931

20,61821,92979, 797

1,192,872 3,163,812

63,630 11,512

I

27, 425,224

456,904

CO


TABLE N O . 62.—Loans and discounts of national banks, December 31, 1928




New YorkChicago



Boston -Albany -Brooklyn and BronxBuffalo - - - .PhiladelphiaPittsburghB altimor eWashingtonRichmondCharlottte - ._-Atlanta - -SavannahJacksonvilleBirminghamNew Orleans __Dallas . - -El PasoFort WorthGalvestonHouston _San AntonioWacoLittle RockLouisville

Accept-ances of

otherbanks,

payablein United

States

52,86351

52,914

57

41

10

211,062

43

1,017

1,523

Notes, bills,accept-

ances, andother in-

strumentsevidenc-

ing loans,payable in

foreigncountries

34,690527

35,217

6,567

68

4,085

28

27

176

10

200

Commer-cial paper

boughtin openmarket

7,8283,523

11,351

18,1781040

7,6902,293

1,96286569

806351

1,753178

64070

3071,0431,146

195984

321


panies

214, 78831, 275

246, 063

12,818160

11032,4626,3741 848

9321,284

1221,6562,4461,005

86383770549

24950

1,1062032017

2,638



(exclusiveof loans to

banks)

1,555,680509,012

2,064,692

248, 56421, 54716, 36910, 374

197,684129,20743 37740,87418,-8452,958

29,5237,9415,3946,8766,783

31,5493,8387,6577,320

38,47413,7522,536

13038,323


On farmland

5229

234

6

1401510

146284

81

793232435

229444034889

116

On otherreal estate

14, 7846,273

21,057

44,068754

1,9893,165

14, 6363,3371,1122,436

200719

1,4411,8532,3121,037

4542,599

463663253

1,9852,339

39453

321

All other

eludingreporting

banks'own ac-

ceptancespurchased

or dis-counted

947,904288,675

1,236, 579

223, 35120,81028,9197,287

222, 27088,09249,40649,06218,13213, 57129,00737, 46320,86244,73622, 25970, 60012,06342,65913,13543, 37424,4456,4792,824

34,191

Total

2, 828, 542839, 565

3, 668,107

553, 60943,28147,42620.936

478,837229, 303

95, 77195,40639, 34117,44962, 57950,33831, 35353,77130, 530

107,94816, 71552,01321,81387, 39641,37412, 2843,113

76,110

Memoranda


Govern-ment ob-ligations

36, 76511, 201

47,966

9,90016911150

2,7552,886

7626611082411632271007051

1,69128

85527

41180

436148392

Total loanseligible

for redis-count with

Federalreservebanks

351,979137,532

489, 511

78,28213, 3047,3081,182

111, 86452, 69420,13810, 6757,2323,233

17,47618,84510,16812,4277,240

29,5756,368

16, 5714,135

16,92113,0284,050

35015,830


MemphisNashvilleCincinnatiCleveland

^ Columbus-> ToledoO IndianapolisJR Chicago .o PeoriaI Detroit

O3 Grand Rapids - -cp IVTilwankee1 Minneapolis

St Paul1 Cedar Rapids _

£g Des Moines _DubuqueSioux CityKansas City, Mo _-St. JosephSt. LouisLincolnOmaha.Kansas City, KansTopekaWichita __HelenaDenverPueblo _MuskogeeOklahoma CityTulsa __-SeattleSpokanePortlandLos AngelesOaklandSan FranciscoOgdenSalt Lake City.__



25

59

384

67,842

112125

331

140

105

206

59

18

101

1555

629

125

13, 583

66,497

636

6222,332

3,307

18,487

53,704

135

3,1824,297

848

3,760385

8,382492

458357

5,85516,1331,2452,076

9857

2,104230210996

1,0561,795

9522,9831,1002,3481,543

3,290

1,113

106, 381

117, 732

2632,8931,511

8492,452

1301,151

2208,041

4942,8122,7582,8121,4782,462

51,5462,2481,4805,6451,8694,818

93324

1,44331

2,21395

528145568

1,132200955

• 751,675

20592

126, 520

372, 583

5,77513,93033,25922,43018,8234,627

10,96924,4448,569

64,9598,510

45,39336,04132,196

7,7665,8871,1581,621

20, 5762,491

116,19.73,048

14,4731,4981,4993,2513,061

22,0382,5241,265

10,22120, 63827, 7768,480

14,11599,746

7,224165, 745

2,3458,800

1,833, 263

3,897,955

61192

19

5238

53340

1613

60134560332049585824386

76339

2404521799768

1,49812

20929975365

45345

20,122133

56,059128155

89, 508

89, 742

286864

1,4956,9091,116

201596

7,031132

28,9411,8143,4392,004

231760486506504808123

7,23222

125805182269

2,564

121696

1,439306

1,2121,348

60,134699

164, 723232375

389, 313

410, 370

5,23634,08916,15431, 58927,5093,513

40,02418.0669,624

57,84113,18191,66676,96521, 5002,312

12, 3733 507

11,49258,0686,599

74,1568,400

34,9453,7285,2069,3862,227

45,9021,3703,002

33, 71640, 54135,47311,67025,962

155, 25315, 090

221, 4443,5008,537

2,405,813

3, 642, 392

11, 75651, 99352,43961,81749,952

8,47456,09453,89120,117

159,98824,015

147,142118, 760

73, 32613,41121, 528

5,67116, 59182,42516,634

220,12614, 62357, 0087,5147,147

16, 5505,617

74,4254,9975,653

47, 25564,46867,90824,04744, 655

340,14023, 221

616,8726,225

19, 697

4,982,868

8,650,975

33304

1,792166892201

2,207852

591,085

323698933

9,644135106

3125922165

1,835126436214159382

5241129

289915391

95363704

71,356

6105

50, 572

98, 538

2,57511,8498,230

10,0608,3051,500

14,8309,1599,6237,9882,785

20,81626,91333,838

8507,0531,6187,126

23,4369,602

68,2774,468

16,6831,6544,7214,4341,250

18,0862,3091,717

11, 5185,886

15,1065,0049,757

28,1773,011

79,9121,6864,803

985, 511

1,475,022


TABLE NO. 62.—Loans and discounts of national banks, December 31, 1928—Continued



COUNTRY BANKS

Maine - - .New Hampshire .- . .Vermont .Massachusetts ._ _Rhode IslandConnecticut.-- .-


New YorkNew Jersey _ _.Pennsylvania- - -DelawareMaryland _

Total Eastern States . ._ _-_...*-

Virginia *.West Virginia . . -North Carolina . *-

V-South Carolina - -Georgia-- * _•Florida. _. - _ ._Alabama.- _ _.Mississippi . _ _-Louisiana.Texas. . .Arkansas „

Accept-ances of

otherbanks,

payablein United

States

104

3626941

145

595

60388

2,237

2,928

125

153

2261

110

17,423658

Notes, bills,accept-

ances, andother in-

strumentsevidenc-

ing loans,payable in

foreigncountries

4

15

19

20644

531

3

784

229

4

154

3,577121

11,500

Commer-cial paper

boughtin openmarket

1,660644255

16,3382,9732,839

24,709

9,0257,631

16,320196868

34,040

1,028360

2,0511,2511,1652,9322,723

8221,066

18,1653,248


panies

2457880

270155636

1,464

2761,0963,369

2199

4,861

2,6741,2121, 5531,271

3871,056

470337173817240



(exclusiveof loans to

banks)

24,22614,5968,854

94,15214,18894,937

250,953

200,669172,796267,664

3,00510,017

654,151

46,23629,48317,18416,0596,511

15,38613,68610,66910,93351,64010,362


On farmland

1,570521

1,496999113510

5,209

8,2202,297

13,2431,0102,63*4

27,404

6,1521,1382,8453,0363,5022,0443,8673,9583,009

11,6763,497

On otherreal estate

7,9712,0213,622

36,3703,601

19,399

72,984

76,18571,934

121,1741,2825,165

275,740

11,65110,3133,9883,0212,551

12,1123,4764,9281,6566,6842,749

All otherloans, in-cluding

reportingbanks'

own ac-ceptancespurchased

or dis-counted

41,83625,35427,270

140,67412,70780,962

328,803

336,286328,887477,226

6,91345,430

1,194, 742

155,18885,89783,26951,80436,97342,37173,21433,79239,834

199,99831,893

Total

77,61243,21441,613

289,07633,778

199,443

684,736

631,470584,773901,76412,42764,216

2,194,650

223,283128,403110,89476,59551,09076,181

101,01454,73756,672

307,90352,647 1

Memoranda


Govern-ment ob-ligations

704253242855349

1,363

3,766

1,8541,3134,027

36221

7,451

1,5342,6391,1521,149

21925536017936

1,397250

Total loanseligible

for redis-count with

Federalreservebanks

12,8017,0748,164

45,6915,762

24,551

104,043

138,474103,167123,075

2,32210,349

377,387

59,06916,17228,93123,85518,19316,87432,36714,87513,027

122,68620,039

to

8

i

O


Kentucky »Tennessee


Ohio . . . .IndianaIllinoisMichiganWisconsin.Minnesota. _ __IowaMissouri -_.


North DakotaSouth DakotaNebraska -KansasMontanaWyomingColoradoNew MexicoOklahoma .


WashingtonOregon .CaliforniaIdahoUtahNevadaArizona



banks)


Total country banks. __

Total United States

6

18, 702

6517

623510372

2,028

6525504882

4249

945222

1,870

2791,120

27367

30826

2,073

28,196

94,693

r 13318

5,818

47346

21183

375

810

5354

14

121

7, 552

61, 256

6431,810

37, 264

1,8803,883

11, 7023,3558,7527,0582,5803,238

42,448

3,1242,4181,5056,8923,0341,6642,089

8668,683

30, 275

2,7162,7984,9372,118

330810173

13,882

881

881

183,499

301, 231

1442,219

12, 553

1,0602,0791,577

437632785

1,121651

8,342

532308217488

69273

885

301

2,281

185

8814

545

184

29,685

402, 268

22,087 121, 581

271, 817

66, 82535,06053, 73442, 51937, 64728, 85513, 7427,735

286,117

5,2044,4833,604 1

12,10418, 6376,0229,5054,596

14, 712

78, 867

16, 2485,055

44, 2136,6051,6573,2327,949

84,959

64

2,444

2,508

1, 629, 372

5, 527, 327

6,3872,595

53, 706

13, 61311,29315, 5655,5867,022

14, 28415, 2513,058

85, 672

6,4053,0322,8875,4051,643

8892,943

4963,699

27,399

3,2013,139

10, 0961,673

682805

1,134

20, 730

1

1

220,121

309, 863

6,8553,687

73, 671

28, 62517,07412,69825, 21810, 3119,1135, 5402,728

111, 307

2,2991,128

9012,2891,139

7951,4921,5043,477

15,024

2,3641,701

17,193645382787941

24,013

237

352

589

573, 328

983, 698

79,10380,539

993,875

199,099126, 633211,95384, 60987, 30374, 54287, 86636,672

908, 677

28, 56424, 60951,08173,68222, 65711, 69933 60010, 44160,397

316, 730

44,47131,876

103,99016,0123,9725,6695,951

211,941

1,003

1,132

2,135

3,956, 903

7, 599, 295

115,238112, 749

1, 467, 406

311,149196,374307, 746161, 745152, 308135,150126, 84754,082

1,445,401

46,19336, 00360, 245

100,90847,26121, 76649 72618,85391,491

472,446

69, 35045, 748

180, 79027,1347 023

11,66516,193

357,903

2,186

3,928

6,114

6, 628, 656

15, 279, 631

609503

10, 282

4,0312,7422,055

376483510341252

10, 790

5308038

1,16794144

23838

710

3,786

13012460099

21319

987

1

2

3

37, 065

135, 603

19,84039, 036

424, 964

47,00048,05085. 33225,11842,20042, 87049,16514, 694

354,429

16,96715, 69925 35044,15512, 5029 653

18 2725 772

37, 794

186,164

21, 94214 84230, 38110 8712 4652 2893,022

85,812

832

832

1, 533, 631

3,008, 653

CO



TABLE NO. 63.— United States Government securities owned by national banksDecember 31, 1928[In thousands of dolla



New YorkChicago

Total central reserve cities. _OTHER RESERVE CITIES

Boston . -AlbanyBrooklyn and Bronx _ __ . .BuffaloPhiladelphia -PittsburghBaltimoreWashington. _RichmondCharlotteAtlantaSavannah __JacksonvilleBirminghamNew OrleansDallasEl PasoFort Worth _ _.GalvestonHoustonSan AntonioWacoLittle RockLouisvilleMemphis --NashvilleCincinnatiClevelandC olumbusToledoIndianapolis _ - _ -ChicagoPeoria . . -DetroitGrand RapidsMilwaukee. . _MinneapolisSt. PaulCedar RapidsDes IVToinesDubuQueSioux City - ._Kansas City, MoSt JosephSt. Louis . - . -LincolnOmahaKansas City KansTopekaWichitaHelenaDenverPuebloMûskogeeOklahoma CityTulsaSeattle _ .SpokanePortlandLos AngelesOaklandSan Francisco

Salt Lake City


Total all reserve cities.. ._ . . . . .

Bonds (in-cluding


468,07248, 083

516,155

48,1585,1163,3892,147

40, 26295, 5457,779

15, 2164,6581,924

10, 2121,056

12,1225,9861,576

13, 8132,5727, 5813,585

15, 7387,1253,374

9,342678

3,5235,687

12, 6202,2633,5217,3696,9454,473

18, 2211,7978,346

29, 3694,7921,3393,078

8512,5056,8081,235

19, 4291, 2349,0842,4523,5381,516

98514, 828

8602,7858,3952,465

15, 2373,359

28,41434, 9953,047

165, 942

3,213

766, 645

1, 282, 800

rs]

Treasurynotes

146,86215, 503

162, 365

4,8561,1531,016

315,3078,9283,4041,900

99190

1,346578

4,402156

1,1274,5551,1571,3031,2382,655

935907405

6,7391,609

1,2412,484

372

8752, 634

6054,237

664,7035,2478,951

712292735654

5,6951,5155,371

253292194623

1,08080

4,376538

1,2855,3617,2243, 675

5696,001

14, 043

19, 230

1,142

168, 378

330, 743

Certifi-cates ofindebt-edness

39,0501,340

40, 390

2,794

187866

4,0277,840

5771,024

310781

2,886588

2,78520

1,95612, 4261,749

361590

4,83119036825

1481,416

1321,432

81494

2, 3861,139

6732,270

221,0423, 8922,800

77767128267376399

4,454230

5,872283622

2,370

1,87939

7414903

5, 3503

3927,415

79164, 751

255

182, 799

223,189

All other

951

951

4,555

5195

12

1,9012,106

1,54356

16

412

151,725

51

2,770

1,48741

3, 73315

1,936101

4,572

365

114

24

26

224

2978

2,28254

30, 245

31,196

Total

654,93564, 926

719,861

60,3636,2694,5973,239

49,608112, 31313, 66120,2465,0672, 895

15, 9872, 278

19, 3096,1624,659

30, 8105,4789,2455,417

23,2368,2504,649

44517,9543,7033,7068,360

15,1855,8993,521

10, 63012,2055,792

28, 4611,900

16,02738, 60921,1152,1284,1371,7143,426

13,2443,149

29,3681,717

15,2722,9294,8094,9661, 065

21,3071, 4374,077

14,46710,60026, 5443,985

34, 45476, 4533,838

249,9231 IQft4,610

1,148,067

1,867,928


REPORT OP THE COMPTROLLER OF THE CURRENCY 555TABLE NO. 63.— United States Government securities owned by national banks

December 31, 1928—Continued[In thousands of dollars]


COUNTRY BANKS

Maine.New Hampshire.. __ _Vermont- . . . _Massachusetts.Rhode Island .__ _._ __ __ _Connecticut


New York..New Jersey... __ .PennsylvaniaDelaware. _ „Maryland _ _ __ __ .


VirginiaWest VirginiaNorth CarolinaSouth CarolinaGeorgiaFlorida _ _Alabama . . _._ __ .MississippiLouisianaTexas _Arkansas ._ _ . _KentuckyTennessee-.


Ohio _ _ - _ _ - - _IndianaIllinoisMichigan _.WisconsinMinnesota __Iowa .Missouri __ ._ _

Total Middle Western States..

North DakotaSouth Dakota ._ _ ._NebraskaKansasMontana _ -WyomingColorado __ _New Mexico -Oklahoma _ _ _

Total Western States . . . .

Washington __. __OregonCaliforniaIdaho . _ . .UtahNevadaArizona

Total Pacific States...

Alaska (nonmember banks)The Territory of Hawaii (nonmember banks)...


Total country banks ._

Total United States _ _

Bonds (in-cluding


8,2469,5965,079

36, 6205, 658

18, 629

83, 828

58,11951, 226

117, 7891,6876,191

235,012

22,11313, 72510, 3509,5507,905

10, 42612, 9193,6493,282

38, 2667,809

14, 86111, 433

166, 288

44, 95927, 63050, 41018, 23620, 97920,11720,61510, 642

213, 588

5,8756,536

10, 75615, 4407,2204,4789,3733,796

19, 770

83, 244

10, 4047,193

19, 3003,403

8581,9003,451

46, 509

9901,448

2,438

830, 907

2,113, 707

Treasurynotes

1,818624262

5,848521

4,530

13, 603

9,53410, 28016, 608

289825

37, 536

3,1621,150

6051,147

8053,2421.170'543

34010, 5722,323

761201

26, 021

3, 8644,169

12, 4822,9523,3904, 4893,5232,682

37, 551

2,8682,6121,1372,9902,9372,0361,4351, 5556,514

24, 084

3,3681,9333,4982,727

14661

2,898

14, 631

49

49

153,475

484, 218

Certifi-cates ofindebt-edness

34952990

1,68146

1,330

4,025

6,1777, 627

10,14070

158

24,172

2,251351

1,814448

1,3954,4612,2601,3761,720

20, 8402,308

7072,195

42,126

2,0423, 6857,2702,9283,2212,8442,4551,535

25, 980

1, 2761,1701,1934,3743,772

9211, 401

3863,026

17, 519

1,577984

1,809348267125612

5,722

119, 544

342, 733

All other

1183140183300660

1,467

4, 429598

7,57828

170

12, 803

40079720320629

52486

13117

1,936611532147

5,619

3281,1412, 0191,521

8071, 2771,269

342

8,704

262166137466621154341

291,032

3,208

5171, 4852,105

10516315

678

5,068

36, 869

68, 065

Total

10 41410, 9325,571

44, 3326,525

25,149

102, 923

78, 25969, 731

152,1152,0747,344

309, 523

27, 92616, 02312, 97211,35110,13418, 65316,435S,6995,359

71, 61413,05116, 86113,976

240,054

51,19336, 62572,18125, 63728, 39728, 72727, 86215, 201

285, 823

10, 28110, 48413, 22323, 27014, 5507, 589

12, 5505,766

30, 342

128, 055

15, 86611, 59526, 7126,5831,4342,1017,639

71, 930

1,0391,448

2,487

1,140, 795

3, 008, 723


TABLE NO. 64:.~-United States Governrnenlt domestic, and foreign bondsy securities, etc,, owned by national banks December 81, 1928




New YorkChicago. _ _-_

Total central reserve cities _


BostonAlbany __ . _._Brooklvn and BronxBuffaloPhiladelphiaPittsburghBaltimoreWashington - --RichmondCharlotteAtlanta - - -SavannahJacksonville -- - -BirminghamNew OrleansDallas.El PasoPort Worth -- -Galveston- _ _ _Houston ._San AntonioWaco-..LittleRock

Domestic securities

U.S.Govern-

mentsecuri-

ties

654,93564,926

719,861

60,3636,2694,5973,239

49,608112,31313,66120,2465,0672,895

15, 9872,278

19, 3096,1624 659

30,8105,4789,2455,417

23,2368,2504,649

445

State,county,and mu-nicipalbonds

60,74020,790

81,530

3,2307,4291,886

61913,5892,6904,013

9301,088

2092,398

2796,5691,841

6872,455

4184,123

4431,963

725243100

Railroadbonds

88,5998,810

97,409

9,144800

3,384821

16,29234, 2713,1212,2651,340

890206706470

947183140119

1,198183195

Otherpublicservicecorpo-rationbonds

34,8226,120

40,942

9,8602,2883,6871,363

17,26417, 3262,7482,660

289

1,038192605562

1,19054

134199768289192

Allotherbonds

77,03220,782

97,814

14,8383,0343,4741,751

14,67236, 5274,2425,195

906205

3,332785

3,0911,090

4491,993

5541,2841,3654,775

9001,131

Stockof Fed-

eralreservebanks

18,9083,576

22,484

3,181255323101

3,4741,995

55255324411432621018727015054072

21590

4121926315

Stockof

othercorpo-rations

18,0101,442

19,452

15,8072,066

160

1,4972,291

399273549

1,1513829810

256117185518214

61,065

23

11

Col-lateraltrustand

othercorpo-rationnotes

36,0741,934

38,008

4,05578695

8,80512,0521,546

723371

601

319

511

6822326721

Mu-nicipalwar-rants

7,07127,676

34,747

50

10

26

17535

5041,886

15145

164

Allother, in-cludingclaims,judg-

ments,etc.

1,0513,256

4,307

3,970140

2,84966423

2

i14

1622233

459785

2142

182

Foreign securities

Govern-mentbonds

27,8881,636

29,524

1,729220394502

5,4163,4031,360

279141

242716012721

3864

373202711224109

Otherforeignsecuri-ties, in-cluding

bonds ofmunici-palities,

etc.

23,8436,044

29,887

6,5261,2651,027

3,7074,0811,552

60860

1039663

221

2252554

129856

918675



UnitedStates

394,038102,066

496,104

72,34017, 62514,4046,156

87, 565115, 326

19, 55613, 4884,9881,6828,9702,028

11, 5954,8191,4459,3953,7926,7612,842

12,0572,8122,037

203


1,048,973166,992

1,215,965

132,70323,89419,0019,395

137,173227,63933,21733, 73410,0554,577

24,9574,306

30,90410,9816,104

40,2059,270

16,0088, 259

35, 29311, 0626,686

648
