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Show BANKS ARE I PROSPEROUS : r .. , I A revision of the figures of consolidated consoli-dated bank statement has been made necessary ne-cessary by the closing out of the , business busi-ness of the Wells-Fargo bank, which was recently sold to Walker Bros.' bank. When the Wells-Fargo bank filed its report re-port with the Secretary of State, that report re-port covered the business of every bank operated by the company. In various parts of the country. The statement was, therefore, somewhat misleading with regard re-gard to the business done by purely local lo-cal institutions., The) recapitulation jof statements made by the Ihlrty-flve private pri-vate and corporate banks of the State, not including the national banks, at the closing of their books on May 29, a as follows: j Resources. I Irfttns and discounts $14,719.802. ?7 Overdrafts 477,953. M Bonds, stocks, certificates, etc. .. 2,527,245.98 Banking houses, furniture, fixtures I and real estate 1.131.309.32 Due from banks and bankers .... Mfi9.2M.78 Cash on hand 1,792,304.14 All other resources 80,731,78 Total M '....$26,198,553.51 v Liabilities. Capital stock ....$ 2.782,777.25 Surplus fund , 217.941.00 Undivided profits 617.135.99 Due to other banks and bankers .. 1.848,452.06 Individual deposits 10.663.4W. 98 (savings deposits 9,235,751.02 All other liabilities 933,087,24 Total $26,198,553.51 The consolidated statement made at the close of business March 14, including Wells, Fargo & Co.'s statement, is as fol-lcws: fol-lcws: l Resources. I Loans and discounts $29,890,011.78 Overdrafts 442.0lj.56 Honda, stocks, certificates, etc 4,935,621.68 Banking; houses, furniture, fixtures and real estate $.272,513.92 Due from banks and bankers 7.910,263.09 Cash on hand 6,l."8.6iai5 All other resources 73.043.23 jTotal $52,682.07123 Liabilities. Capital stock $ $.159,461.90 Surplus fund 6,869,068.71 I'ndlvlded profits 11,487.523.71 Due other banks and banltrs .... 1,448,863.20 Individual deposits 20,958,883.21 SavlnKS deposits 9, 166, Wt. 87 All other liabilities 41,271.63 Total '. $62,682,071.23 The statement made by Wells, Fargo & Co. on March 14, which must now be deducted de-ducted from the totals", is as follows: Resources. Ioans $16.3S1,0.'4.02 Bonds, storks and warrants 2. 6o3. 3:1.90 Real estate 2, 127, 664.00 Miscellaneous : 3,s.:4 79 Due from banks and bankers 2.1Hi,lol.81 Cash 4,1122.154.45 Total $.,170.221.54 Liabilities. I Capital 000.0ot.00 Surplus 6,750.oos.oo Vndivlded profits 11.105.8j1.61 Deposits 10, 814. Si. S3 Total $28,170,221.54 Taking all these statements and conditions condi-tions into consideration, the showing made in the consolidated bank statement of May 29 !s most favorable to the State. It shows a gain In loans and discounts since March 14, deducting the Walls, Fargo St. Co. account, of $1,210,114,611 a gain In Individual deposits of $T19.3ll6S, ar.d a gain in savings deposits of JtS.703.15. This, within a little more than two months, speaks volumes for the banking Interests and the prosperity of the Stite. |