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Show OVER BILLION IN NATIONAL BANKS i Washington, D. C., March 3. There were just 7,500 national banks doing business in the United States at the close of business at the treasury department de-partment February 28. Their authorized au-thorized capital was $1,009,S84,675. with an outstanding circulation of $753,168,838. Since the approval of the federal reserve act in December last, 137 state and private banks have applied for conversion to national banks, and 86 requests were received from individuals indi-viduals not connected with such institutions, in-stitutions, who desired to form national na-tional banks. |