Publisher's Synopsis
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, 1878
The 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.
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