Annual Report of the Comptroller of the Currency to the Third Session of the Forty-Fifth Congress of the United States

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Excerpt from Annual Report of the Comptroller of the Currency to the Third Session of the Forty-Fifth Congress of the United States: December 2, 1878The capital of the national banks m operation on June as will be seen by a subsequent table, was $470 393 366, not including surplus, which latter fund amounted at that date to more than 118 millions, while the average capital of all the State banks, private banks, and savings banks having capital stock, for the six months ending May 31 previously, was, as seen below, but $205, 382, 832, which amount is considerably less than one half that of the national banks. The net deposits of the national banks were $67 7 159, 298, while the average deposits of all other banks and bankers, including savings -ban $1, 242, 794, 903. The average deposits for the same period of 668 banks having no capital stock were $803, 299, 345.The table below exhibits the aggregate average capital and deposits for the period named of all banks other than national, together with the capital and deposits of the national banks on June 29 following: State b ank 9, savings banks, private bankers, National banks. Geographical divis ions.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.