Show NATIONAL BANK GROWTH UNDER THE ACT OF 1900 WASHINGTON July 3 Comptroller of or the Currency has made mado the foll wing statement During the year ended June 30 1902 there were vere added to the national bank system national banking associations with aggregate authorized l c capital capital capi capi- pital pi- pi tal stock of oC and with bond deposits as security for Cor circulation o of Organizations effected under the act of ot March 14 1900 I 1 I. c e. e with c.-with wIth capital stock of lc Ic less g than numbered numbered num num- bored with authorized capital tock stock of or the Ow average capital of ot these associations being approximately 2 Included In the total number of at organizations are banks s with total capital of the Individual capItal capItal capital cap cap- ital ranging upward from a a. minimum of oC OOOO OOOO In connection with the foregoing Itma it ma may be stated that since the passage of or the act of March 14 H. H 1900 there have been organized 1061 banks banIs with aggregate aggregate gate capital of and with bond deposit o of OO Banks of oC the tho smaller class were organized to the number of ot with a n capital of at 18 13 and to the number of 35 of the lar larger er class with aggregate capital of 01 During the fiscal year in question the net Increase of at national bank a associations asso asso- 90 was as ns three associations failed Called and were placed In charge of receivers rece and sixty six closed b by voluntary volun volun- tar tars tary liquidation Since the thc establishment establishment establish establish- ment of the system there have been or- or ganT ganfi d banks of ot which arc are arcIn arcIn In active HI operation 1392 1352 placed n voluntary voluntary vol vol- liquidation and in the charge charo of 01 receivers |