OCR Interpretation


Evening star. [volume] (Washington, D.C.) 1854-1972, December 10, 1908, Image 8

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1908-12-10/ed-1/seq-8/

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CURRENCYJIf NATION
$34.72 Per Capita Circulation
in Bank and" Pocket.
TREASURY HAS SOME MORE
Banking Power of United States Is
$17,642,705,274.
JVER THIRD OF WORLD'S CASH
1 x 11 W A nntt.l
^UllllUliCi AUXiajf 9 ^UUUOi
Sent to Congress?Conditions of
Fiduciary Institutions.
Thr annual report of Lawrence O. Muriy.
controller of the currency, made to
'ongross .December 7, inc'udes statistical
ml general information in relation to the
<>ndltfon of national and other banks at
date of latest returns, the figures relating:
to national banks being taken front
reports to the controller of the currency
aider date of September 2."I, 1008. when
ihere were in operation 6,853 associations,
with paid in capital stock of $021,403,172.
circulating notes outstanding $013,726,155,
and individual deposits of $4,548,125,165.
Loans and discounts amounted to $4,750.612
731.11; and the banks held In their
vaults gold and silver to the a/nosnt of
3680.185,555, and legal tender notes, $18?.23*1,515.
The aggregate resources of the
hanks on the date* in question were $9,027,260.484.
In addition to the paid in capita!
stock of national banks is tile stockholders'
liability, amounting to $921 463,172.
The surplus of the banks is $565,566,207,
and their undivided profits $202,000,801.
Thus the capital, stockholders' Lability,
surplus and other profits aggregate
$2,610 592,352. or over one-fourth of the total
liabilities of the banks. It is estimated
that there are about 406,000 shareholders
in national banksc and that the
affairs of the associations are managed by
approximately 58.000 d.rectors. The control'er
estimates the number of depositors
m national banks at 5,500.000.
The authbrized capital stock of the nainnal
banks October 31, 1907, amounted to
$909,274,775 since wnich date there has
been an addition of $22,823,600 from banks
organized dur.ng the year and $16,080,000
from increases of capftat of pre-existing
bunks. #
The losses were as follows: Ttv volnn
tary liquidation, fll.040.000; by expiration
of charters. $ 1 373.000 by failures. $6,560.O0rt
by reductions of capitalization of old
banks. SI, 172.500. These changes show an
apparent ini-nea.se of capital during the
\ e.n of .<21.090.300, but this amount includes
the capital of a number of associations
closed vo'untarily or otherwise,
the r-tock accounts of which have not
Von closed on the books of this office, the
amount so represented being $2,035,000.
Banks and Capital.
There are 1.826 national banks, with
capital of $25,000 each; 2,116 with capital
of over $25,000 to $50,000 inclusive; 1,623,
with capital of over $50,000 to $100,000 inclusive:
757 over $100,000 to $250,000; 476
over $250,000 to $1000,000; 00 over $1,000,000
to $5,000,000, and 6 with capital of
over $5,000,000.
Prom the date of the first issue of national
bank circulation, December ^1. 1863,
to October 31, 1906, notes were issued to
the amount of $4,172,614,045, of which
$3,506,769,958 have been redeemed, leaving
outstanding $665,844,987. In the year
just closed the issues amounted to $3e7,017,740,
an amount exceeding by $130,808,000
the sum issued during the year ended
October 31, 1907.
In March, 1900, circulating notes outstanding,
based on bonds deposited with
the Treasurer of the United States in
trust, represented 35 per cent of the maximum
issuable, while October 31, 1008, the
amount Issued was nearly 70 per cent of
the maximum.
Consolidating the reports of earnings
and dividends for the year ended July 1,
1908, on an average capital and surplus
of .<M93.932.OlO and $548,850,476, respectively,
the gross earnings are shown to be
$332,454,002; losses, etc., charged off, $50,.">08.265.
and expenses and taxes paid
>100.001,049, leaving net earnings of $131,335,288.
The aggregate amount of dividends
paid during the periods was $97,336,232.
an average of 10.S9 per cent.
The direct money receipts from national
banks by the government of the United
States are represented by the taxes paid
on capital to June 1, 1883, and under the
war-revenue act of 1808; on deposits to
June 1, 1883. and on circulating notes to
June 30. 1908. exclusive of Interest paid
on public deposits under the act of May
50. 1908. In addition to the foregoing, the
banks have been assessed for the cost of
redemption of circulating notes, plates
irom which circulating notes are printed,
and examination fees.
Tiie taxes paid aggregate $180,472,155.94.
The expenses of the currency bureau, Including
amount appropriated and all other
?\penses estimated, from 1863 to date, Is
stated at $22,884 557.46. This shows that
ilie banks have paid to the government
over and above the cost of the operation
of the currency bureau, $157,587.1*98.48.
During the existence of the system, national
banking associations to the number
of 9,263 have been chartered, of which
6.873 are in existence, 2,390 having been
closed, of which 1.740 were placed in
voluntary liquidation, 174 closed by expiration
of corporate existence, and 47<\
terminated by insolvency. The number
of banks chartered Include. 1.437 banks,
with capital of $515,200,928, which were
converted from state banks under authority
of section 5154, of the Revised Statutes.
New Banks Chartered.
During the past twelve months 526
banks, with authorized capital of $22.823.000.
were chartered, of which 194,
with capital of $4,973,000, were organizations
effected under the act of March 14,
1900. and 132 with capital of $17,850,000,
under the act of 1864.
Information received for the current
car shows that there were in operation
11.522 banks other than national, with
i.Ts-vac?.|fo rteniiiw.e a? Ctil 'lit OflO TV, .
?Aiv. i V.7VUI w ? Vi ? I V| JW?J. J U.
it-turns include 11.230 commercial banks,
1.455 savings banks (of which 070 were
<>f the mutual class, 1. e.. without capital
stock). 1,007 private banks, and 842 loan
and trust companies. The capital stock
of the commercial banks aggregates *a02.5i::.303,
individual deposits, ?$2,937,120,598,
and resources. *4,032,638,485.
Savings bank .-ejiorts to the number of
1 153 show deposits aggregating *3,479,192.891.
and resources, $3,890,533,152; tlie
uiiniber of dr-pusitors is N.705,848, the
average deposit Ireing $420.47. The 842
loan and trust companies, with capital of
*278.408,759, show aggregate resources of
$ 2, w;5,?532.876. Reports were obtained
from 1.4W7 private banks and bankers,
with capital of $21,122,836 and aggregate
resources of *161.541,480.
Combining July, 1908, returns from naI'onal
banks with those from other banks
of approximate dates. It Is shown that
returns were received front 21,346 hanks,
with aggregate capital of $1.757,200,000
and aggregate resources of $10,583,400,000.
The aggregate individual deposits are
sl2.784.5uo.ouO. Banks other than national
held 65 per cent of individual deposits
In ail banks and 55 per cent of the
aggregate resources.
Individual deposits In all reporting
hanks In 1900 aggregated $7,238,986,450;
for the current yeur deposits aggregate
512.784.511,169, an Increase of *5,545,524,719
within the past eight years, or over
76 per cent. On June 30. 1907. individual
deposits In all reportln-g banks aggregated
$13,009,635.348, or $315,124.1?J greater than
the amount reported for the cu rent year.
Increase in Deposits.
During the four-year period ended June
30. 1904, there wan an Increase of *2.761,nOO.OOo
in individual deposit*, or over 38
per cent, and from 1904 to 1908 the Increase
was approximately $2,784,000,000,
or about 38 per cent, the increase since
1900 being over 76 per cent.
In 1907 the percentage of cash holdings
of all banks to individual deposits
was 8.50 per cent. On <?r about June 3'?
of the current year the banks of the
A
$
r -?
?
5 The Hecht Later=payme
| day Purchases From an
f
\ _____
j$ II
*ML Jk P
i *r%ti
i ^
wut ay
~ ^
I lore lip
^ - - ?
i '
;
I Toilet Sets, ?
| Military ^
I rjwc 'W- s
ft?;
\ A HANDSOME TOILET SET OP
i\c Brush, Comb and Mirror; French
bevel plate mirror; close bristles in
?? brush; in fine sllveroid; /*>.tmt*
f; Fine Dolls at S
Lot of about 60 Fine Qualit
? dressed, that have been slightly 1
? These dolls are the kinds that sc
? lots at these prices:
j Ooe Lot
I One Lot
| The Wanted
I Special
? WOMEN'S NEW WALKING OLOV
ic srray; sold usually at $1.50. Friday's rei
? WOMEN'S WHITE GLACE KID GL
ing regularly at $1.25
i WOMEN'S 12-BUTTON - LENGTH
K Gloves; sold everywhere at $5
?-. WOMEN'S DOESKIN - FINISHED 1
Jfc soft and warm; sold everywhere at 75c.
!f-: MEN'S AND WOMEN'S GOLF GL
ft cy eolors; value, 35c. Sale priee
,A MEN'S FINE GRADE KID GLOVES
"S at 51.50. For tomorrow at
?
' Lir feri='." fer "^rGr fer
country held in their vaults 10.70 per in
pent to meet the demands of depositors. <x
National banks increased their percent- aj
age of cash ho'dlngs to individual deposits
from 16.70 to 20,33; rtate banks sj
from 8.2S to 10.51, private banks from 5.76 tt
to 0.71; loan and trust companies from tt
4 03 to 6.34, and savings banks from o.78 re
to 1.33 pey cent. gi
On or about June 30, 1908, the banks of rt
the country had on hand 51.368.320,683, $f
against $1,113,742,316 in 190f, a gain of lij
$254.587.367 during the year. About two- aj
thirds of the cash holdings of the banks si
of the country is in national banks. 4<
The stock of money in the United States
June 30, 1907. was $3,115,600,000. On
July 1 of the present year it was reported
at $3.3751.800.000. being an increase of 6.
$263.21>0.000. Of the total stock of money ci
In the country 10.08 per cent Is held m ol
the Treasmy as assets; 40.34 per cent is if
In reporting' banks and 49.58 j?er cent else- sr
where, the per capita not in the Treasury tr
or bank6 being $19.15, or 21 cents less it
than In 11107. The amount of money In $s
circulation, exclusive of coin and other hi
money In Treasury as assets,, but includ- c;
tnt Way Makes lit Possible
II nrainnieinise Gift Stock an<
? ksb a. i
U I A K
*i i #% %
j-'PiM+Tm.
rerIniW
Minlfflinulf /r Aif
I Willi iiKDi
The sale of the big stock j
Overcoats and Suits has brouj
the department some of the bi
a chance that will probably r
you, one of Baltimore's fame
lo be reorganized in order to
member, and in order to quic
pelled to close out their made
price at which we secured this
half what we paid but a short t
goods from the same house!
The
Suits Never Sold
Under $15.
Suits Never Sold
Under $2?.........
Suits Never Sold
Jneier $25..o oo? o
Suits Never Sold
Under $3?
The <Ch
Overcoats Never ?
Under $15
Overcoats Never i
Under $2?
Overcoats Never I
Under $25
Overcoats Never i
Under $3?
$35 Overcoats
$4? Overcoats....
>having Sets,
Brushes.
GENTLEME X * S MILITARY
Brushes, the set in a handsome lined
box; finest silveroid tops; they have
best firm, close bristles; ?i /f>Q
the value of the set is II VQ
*2.98. Special price ^
BRUSH AXD COMB SETS
neat box; best close bristles; silverine
design on back; polished <2fTk
hardwood; value is 69c. Spe- Jyr
cial at
GENTLEMEN'S SHAVING MUGS
and Brushes in pretty lined box; extra
quality brush; handles Qiffe
of new designs; value, riV'dC
*1.49 V ^
GENTLEMEN'S TOBACCO JARS
in genuine cut glass pattern; Qf=_
silverine top: every man
wants one; value, *1.25
HAIR RECEIVERS AND FOW
tier jars; wnue meiai tops; fl /n?_
cut glass pattern and extra II yrQ,
large; value. 35c
: ' = i
i
>pecial Prices.
y Dolls, both dressed and unnarked
in* packing and transit.
11 up to S3.00; they are in two ;
% I
at 49Co i
: at 9SCo
Gloves in a
. Sale.
ES, IN BLACK, TAN AND Cj nn
iuced price * vU
,OVES, IN ALL SIZES; SELLWHITE
GLACE KID $][,69
iLACK CASHMERE GLOVES;
For tomorrow at
.OVES, IN PLAIN AND FAN- j <JC
THAT SELL ALWAYS g
ig money in reporting banks, 1h *3.038.Nt.OOO,
or a p^r capita of *34.72, as
rairist $32.22 in 1907.
Bank resources have more than doubled
nee 1900, but during the current year
lere has been a decrease of about *oneilrd
of 1 per cent. The resources of all
>porting banks on June 30, 190& aggreiied
$10,5&3,4l0,393; in 1907 the aggregate
'sources were $10,045,015,950 a loss of
11,905,557 during the current year. In
>00 the. bank resources of the country
rgregated $9,146,017,917, ' the increase
nee that date amounting to $10,437,392,'6,
or 114 per cent.
Statistics of Banks.
There were in operation July 13, 1908.
824 national bank'ng associations, with
ipital of $919,100,850, individual deposits
r $4.374 551.208. On or about June 30.
>08. there were in operation 14.522 state,
ivlngs and private hanks and loan and
ust companies, reporting aggregate capal
and deposits of $838,058,35.*! and
,400,959.961. respectively, and non-reportig
banks to'the number of 3.654. with
ipital and depoeits estimated at $70,646,
i for You to Select Your Holi
i Pay for Them Next Year.
^ ? || j?r g,
Tltfl
1Lj& Su^i
S3 &sr
Yob to a
1JU0 So (p|
JLi LL tlAL v^yil w 0
t
purchase of Men's Finest-grade
ght a rush of buyers and given
usiest days in its history. It is
lever come again. As we told
>us clothing-making firms had j
settle the estate of a deceased '
kly accomplish this were com-up
stock for ready cash. The
; matchless clothing was nearly
ime ago for identically the same
'
Sun its.
$9.75
$ 14.75
.......$19.75
$21.75
'er coats.
Sold... $9.75
^...$114*75
5^!.. $19.75
5o!d...$2L75
$26.75
$29.75
i
Big Price Reduction
Entire
As an inducement for quick t
ing- material reductions on the
serve your purchases, if you w
The stock will soon show the in
ter pick yours now while the <
leisurely.
$6.50 Automobiles 94.98
$1.50 Writing Desfcs.. 91.2a
35c Sleds and Sleighs 20u
$1.25 Pianos; 15 keys 98c
35c Folding Doll Beds loo
60e Trains and Tracks 49c
50c Tool Chests. ? * 39c
25c Drums '..... 10c
98c Drums 85c
$1.50 Velocipedes 91.19
$1.25 Doll Go-Carts 98c
50c 8-key Pianos 39c
$1.30 Magic Lanterns 98c
Large $2.50 Teddy Bears $1.29
SPECDALr=250 Pan
sold usually at 98c. N01
to a buyer at .
Hosiery and
WOMEN'S FAST BLACK !
Seamless Hose, that have ? t
never sold under 12c. For ?
tomorrow
WOMEN'S FINE BEACIv MER- !
eerlsed Gauze Lisle Hose. ? ? i
that have always sold at J[ J Q,
35c pair. Special at
WOMEN'S BLACK SILK LISLE
Hose; tine quality; have
always sold at 50c pair, *% i
Special at 3 pairs (in a H hJ*
box 1 for
I CHILDREN'S RIBBED i
Vests: the kind that sell ^ /f>
regularly at 155c. For tomor- II
row at
WOMEN'S HEAVY R I B B ED
Vests and Pants; soft fleecelined;
sold 'always at 35c.
Tomorrow
MEN'S HEAVY DERBY RIBBED
Underwear; in blue and ecru;
il sold usually at 50c. Friday j
000 and.$485,968,831. respectively; or n total
of 55 000 banks and banking institutions,
with cap'.tai of $1,833,805,203 and
deposits of $13,270,500,000.
Since 1900 the increase in the number of
banks has been 11,023; capita* stock has
Increased in the sum of $083,070,528 and
individual deposits $5 581.513.550. In 1900
national banking capital represented 54
per cent and deposits 31.97 per cent of the
aggregate capital and deposits, respectively,
of all reporting banking associations.
The percentage of capital of national
banks to capital of all banlgs in 1907 was
49.56 and of deposits to mil deposits 31.66;
for the present year the percentage of
capital is 50.14 and of deposits 32.97. During
the period from 1900 to 1908 the percentage
of capital of banks other than national
to the capita' of all hanks has increased
from 46 to 49.86 and the percentage
of individual deposits in such banks
has fallen from 68.03 to 67.03. In lOOt
there was in operation in the United
States one bank for every 4,897 inhabitants;
in 1005 one for e\*ery 4.182, in 1906
one for every 3,956, in 190? one for every
= 5J3-J15^7\ |U
. 1, SEVENTHS* I mf<
~ N.W . MM%
"
f In/a TOiiiim
<1 k t , u , i sj 4 y 1,1 k 4 , > < . n . u . Jl
1 ? tttt d j /
?fli=
V JUL / '
Our annual sale of Womc
inore's leading women's tailoi
success of this sale in past y
with eager buyers, justifies us
a record-breaking response. A
sample lines of Women's Higli
known makers, Blumenthal &
of the most important purcha
concession was immense?the
the season has produced. T1
in broadcloth, imported chevi
herringbone cheviots: colors ai
grays and garnet. Styles ai
many modified phases of the
new and exclusive. There an
have put them into three big
$25 and $30 Suits?$19.9*
ful Suits in many styles, mat
broadcloths, stylish striped woi
There's full and plenty of all
rare money-saving chance at..
$35 and $40 Suits?$25. Oi
Suits, each suit man-tailored a
included and the materials eml
elty materials, shadow stri]
many of these models were d(
Paris and all are high-grad
suits. $35.00 and $40.00 you'd p;
Finest $50 Suits?$35. In
purchase, about seventy all tol
and kinds?Fine Imported Ch
striped effects, shadow stripe c
. colors and black; every suit i
is worth $50.00; some woult
more
s for Friday on the
Stock,
>uying we shall make the followToys
for tomorrow. We'll reish,
and deliver when you say.
roads of the heavy selling?bet:hoice
can be made easily and
OSi; Trains on Tracks ttOc
13c Games . 9c
25c Iron Toys 19e
10c Checker Boards 8c
o?c Doll Furniture 35c
High-grade. Friction Toys 98c
Friction Toys, many kinds..... .49c
.'{9c Stuffed Animals 23c
$1.00 Iron Wagory; 79c
$1.25 Wooden Wagons 98c
$1.50 Knameled Folding Go-*
Carts 91.19
$1.25 Doll Houses 98c
$4.00 Rocking Horses 93.49
$2.4!) Hand Carts 91.49
:heesi Games, the kind
t more than one a
Underwear,
MEN'S FANCY MERCERIZE D
Hose, put up 4 pairs in a dp ?i df\f\
fancy gift box. Special, fft II 01/0
for the box ^
MEN'S FAST BLACK SEAMLESS
Half Hose, that have rt /
never sold under 12^c (ft)
pair. Friday's price /
. MEN'S FINE SEAMLESS FANCY
Hose; 0 pairs in a dainty f=a =f
box; various colors. Spe- A
cial u
WOMEN'S MEDIUM - WEIGHT
Ribbed Vests that sell al- a
ways at 25c. For Fri- H (n)?
day
CHILDREN'S HEAVY UNIO N
Suits; warm and well made;
sold at 50c usually. For /yr
Friday
MEN'S HEAVY FLEECE-LINED
Shirts and Drawers; sold at x <f>
75c. For tomorrow reduced
3,505, and for the present year one fo
every 3 500 inhabitants.
The banking power of the United State
in 1908, as represented by capital, sin
plus and other profits, deposits and clrcu
latlon of national and other reportin
banks, together with estimated amount o
fuads of this character in the non-report
ing banks. Is shown to be $17.042,703.27i
an amount exceeding the world's bankiu
power in 1800.
From the latest and most reliable dat
obtainable the banking power of foreig
countries is estimated at $28,107,000,01X
The world's banking: power In 1S00. ac
cording: to Mulhall, was $15,983.000,Out
the United States being credited with $3,
150.000.000 of tills amount. Since tiia
year the banking power of the Unitei
States lias increased to the extent o
$12,492,700,000. or over 242 per cent: tiia
of foreign countries $17.272.HUO.OOO. or 15
per cent: and the combined bankinj
power $29,705,900,000, or 188 per cent. Th
aggregate banking power of the world i
estimated at $?.730,:500,00u.
Of the national banks for #hich re
?
Candies, Nuts, 5
In the Candy Department you'
i Kr?fK 1\/w/*^ n ii?l ?n KiilL- l^rtv
LHV.1 IV IA^ 111 UV/AVU UI1V1 111 UUII\? x/v.%
Table Raisins, l -lb. pkg
3cst Layer Figs, pkg
SJew Dates, i-lb. carton
ew Mixed Nuts, lb
nglish Walnuts, lb
aper Shell Almonds, lb
. T] T /fi) T7
\ TTTl i Tl /TT\ 3 \ n (eft 17T
ffllfflli Ml
liM/fil/ii "IMai
iwiy MIMI
n's Finest Sample Suits from Balti s
takps place tomorrow. And the
ears, jvhen the store was crowded
in predicting for this popular event
A c have secured the entire season's
i-class Tailored Suits from the well
Langfeld, Baltimore, and it is one
tses we have ever made?the price i
superior styles are easily the tinest
lese beautiful and stylish suits are
iots, dark mixed effects, worsteds,
re blue, brown, black, all the stylish
e many and handsome, including
directoire and empire effects, all
e 300 of the suits, all told, and we*
lots at wonderfully small prices?
h In this lot are about 100 Bcauti:erials
and effects?fine plain color
$ 19.98
ne hundred and thirty Handsome
nd strictly up to date; all colors are
brace finest chiffon broadcloth, novaes,
etc.;
?25 00
ay usually
this lot are the Finest Suits in the
d, and are in a wide range of styles
iffon Broadcloth Suits, herringbone
loths?all
$35.00
Boys' CI
Youths' C
1
We have gone through the
Suits and have set apart all lots \
complete. These are all the new
faultlessly tailored in all details,
big lots at these prices :
Sold Up to $115.00.
$7.98
BOYS' BLUE CHEVIOT AND
Fancy Mixed Bloomer
Pants Suits; in all sizes, *to /TTvO
Sold at So. To be reduced Q
BOYS' FINE QUALITY DOUBLEbreasted
Reefers; gray and blue; brass
buttons and emblem on
! sleeve; sizes a lo 8 years, /to ^
| The value is $4. Special
BOY'S' CORDUROY AND WOOL
Knee Pants of good and durable
quality; all sizes. Sold regularly
at 5t?c. Special for tomorrow
**
BOYS' FINE QUALITY BLOOMER
Knee Pants, tliu% are sell- r~7.rt.
lng at $1. Special reduction / OC*
for Friday U ^ ^
I Friday's Or
i NEW LA ROE PPft'NES; 1! LBS. FOR !
CHOICE EVAPORATED PEACHES; 1
1 SMALL, LEAN SUGAR-CURED HAMS
! VllVVI G<UC LMCHV CTI?ir>s!
i . w1j ?j i i
PILLSBURY'S BEST FLOUR; >8 BBLTOMATOES;
BARGE CAN
NEW GREEK CURRANTS: 1 BB
NEW SKEDKD RAISINS: 1 BB
NEW SEEDBESS RAISINS; BB
SHOE PEG CORN
: PEAS; "KAMIBY" BRAND OR SHRlVt
l VAN CAMP S AND SNIDER S SOUPS. .
MINCE MEAT; BARGE JARS
! QCAKER OATS; BARGE PKG
FRITIT AND POUND CAKES ( J TO ii I
I PBUM PUDDING: ABB PREPARED...
GOBD DUST
CHALLENGE CONDENSED MILK
CRANBERRIES: BEST CAPE COD; QT
BEST GRANULATED SUGAR
PURE BLACK PEPPER: U EB
NUTMEG: 12 IN BOX. WITH GRATEF
BEST CALIFORNIA PEACHES; HEA\
CHERRIES; 'ROYAL ARMS": I1EAVI
OLD VIRGINIA HERRING ROE
^ vt > * r?n r?i ( 1 11/ k \"
I ttM KA yi Alii I * riAR nAliaiu.1 . . . .
j QUAKER CORN FLAKKS
: ARBUCKLE'S COFFEE
i BROOKE S CRYSTAL. SOAP
I
T ceivers were appointed during the year
ended October 31, 1908, 9 banks. with
s aggregate capital of $l,2!K>,<jU0. were restored
to solvency and authorized to rei
sume business, while receivers proceeded
& j to liquidate the assets of -4 banks found
t to i>e irretrievably insolvent. The nomi- i
I nal value of assets taken charge of by '
g the receivers of these 24 banks was $31.- :
415.511, the liabilities, so far as reported, ;
a being $19,34_,610. Dividends to the
" amount of $7,994,060 have been paid to
> creditors of the banks which failed during
), the year, and the atTairs of one such bank
- having been finally settled the receivership
4 was terminated.
^ Noting the cause of fjilure of banks
f placed in charge of receivers during ihe
4 year, it api>ears that 7 banks were wreck9
ed by the cashier, 1 by defalcation of
b officers, and 3 chiefly thro ugh fraudulent
e management, among other causes. Of the
s remainder, 4 failed from excessive loans
to others and depreciation of securities.
- etc.; <4 by reason of i?judicious banking;
-X.V* '<*. -.V.^. V* V?.v
Jajyi CANHAVEITI
CHARGED I
Raisins, Etc. ! ;/
11 find full lines of purest
candies from 4c to 75c. *
15c
<K
VM
i2>ic .;
.....150 -.*
!&C ! :?
: I ;
1 '
~ ? - - - _.t
red Site. $
lothiimg; !
ylothieg. |
entire stock of Young Men's &
vfiere size lines are not full and ^
fall and winter styles and are ?.
\Ye have put them all into two ?
SoEd Up to $25.??.
. $14.98 |
CHILDREN'S NOVELTY SUITS. IN :"/
the Russian and sailor blouse styles;
?2 ns ?;
? ?iur 13 cj|n:viap 1i _ \i a >j
Friday ?p>6JH ...
BOYS' DOUBLE-BREASTED SUI TS. : '
bloomer pants. Sell at rja ir>o
regularly. Now re- 5m 11 .yQ
duced to ?K 11
MANNISH OVERCOATS FOR BOYS
!> to l?i years old; tlie most wanted ox- .>
ford gray mixtures; ex- a? i/i
oellently tailored, and 4)
sold regularly at Now : ;
BOYS' MADRAS AND DOM FT
Flannel Blouse Waists; warm y. a
and well made. Sold usually ]J
at 2.V. Special at . u lv
% 7"
?eery Sale. >
!?ic.; ,LB.... ..
Jt 16c :
11%? ;
14 He -
NSc :
??<.* :
?%e
16Hc
He
Nf
IRS ??
Stwc
' 15c
sr*e
,BS. EACH >; LB 1?c '
16c "
!%? ^
;
' ll ?/,c ;
H
5'f.p :J
l .v
ry sirup i?e
r sirup stk> f
12?,?e J
in
"vke rf
* ( ? * ^
i 3
' 2 from excessive loans to directors and
others, and 2 from depreciation of securities;
1 from failure of large debtors, and
1 from general stringency in the money
market.
Since the organization of the national
banking system to the close of the present
report year, 49!) national banks have been
pluced iti charge of receivers. Of this
number. -1 have been restored to solvency
and permitted to liquidate or resume
business, ami the affairs of 401 liava
been finally settled and the receiverships
terminated, leaving 77 active receiverships.

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