Eureka Reporter | 1907-01-04 | Page 6 | Iowa Banks Make Large Gains

iowa banks make large gains F nanc al cond t on of state shows general prosper ty burlington la it the annual report of state auditor carroll may be aiken as an indication iowa is improving her financial condition marvelously A good gauge of a state s prosperity Is the amount of deposits in the sav angs and other banks but more espe dally in the former in h s annual re port issued auditor carroll says that the deposits in the state and sav ings banks have passed the mark having increased 26 in the last year As the state and sav ings banks of iowa are assumed to do more than halt the business of bank ing it Is supposed that the deposits n the private and national banks not included in the report of the auditor of state mould make tl e total increase in the last ear about and the total del approximately there are 51 seui nd state banks in iowa at the present time the average reserve in the banks on j aoi ember 12 was 20 5 per cent since september 4 last there have lieen sev en new banks organized their capital stock amounting to 7