OCR Text |
Show tNATIONALBANK j RESOURCES AT ! WASHINGTON. Dec. 22 Resources of the national banks of the country on November 1, the date of the last :, call, aggregated $19,821,404,000. Comp-; Comp-; troller of the Currency Williams an- nounced today. This not only was a .' new high iecord, but was an increase ' of $1 777.799.000 over the total shown '; by the call last August 31. : The resources of the national banks I of the United States. Mr. Williams said exeeod the combined aggregate resources of the national banks of is-i is-i sue of England, the dominion of Can-i.ada, Can-i.ada, France, Italy, The Netherlands. Norway Sweden. Denmark, Japan and Germany as shown by their latest available reports. 1 Mr Williams also said that the na-itional na-itional banks' resources were only one billion dollars less than the combined Resources of all state and other banks and trust companies in the couutry as shown by their reports of June, 1917, . and that in the past five years the growth of the resources of the nation-; nation-; al institutions had been greater than ' the increase which took place in the ' preceding twenty-fivo years. During the present year, the comptroller's comp-troller's report said, only one nation- al bank in the entire country had failed, fail-ed, a small institution in California. This was declared the best record since 1870. Returns from the national banks on November 1, Mr. Williams said, as compared to those on last August 31, showed : Deposits $15,051,000, an increase of $1,165,000,000. . Loans and discounts $10,097,000, an increase of $603,000,000. Capital, surplus and undivided profits pro-fits $2,567,000,000, an increase of $33,-000.000. $33,-000.000. Bills payable and rediscounts 567,000,000. an increase of $273,000,000. the borrowing being principally on Liberty bonds and certificates of indebtedness. in-debtedness. The total holdings of United States bonds, including Liberty bonds and certificates 'of indebtedness, amounied to $3,156,000,000, an increase of $700,-000,000. $700,-000,000. The circulation of all national banks November 1 was $675,000,000, in increase in-crease of approximately $1,500,000. The lawful reserve held by national banks with federal reserve banks was . $1,101,000,000, a reduction of $12,000.- ; 000, and ihe excess of reserve held over the amount required was $69,000,- . 000. a reduction of $3S.000.000. j Cash in vaults and due from federal reserve banks totalled $1,803,000,000, ' an increase of $131,000,000. Mr. Williams said the increase in : resources is widely distributed : throughout the nation, the country banks showing a material increase in every state except four Nebraska, ; Kansas. Ohio and Illinois and in these the decrease was small. oo |