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Books And Records II. Part 3 |
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This section is from the book "Banking Practice And Foreign Exchange", by Howard McNayr Jefferson. Also available from Amazon: Banking Practice And Foreign Exchange.
The New York Clearing House and New York State Superintendent of Banks require weekly reports from the banks in their respective systems. These reports are prepared as of the close of business on Friday of each week, and must be delivered at the proper offices before nine-thirty Saturday morning. The reports required vary slightly for the different kinds of institutions, owing to different reserve requirements, but in general are all prepared on the same basis. The first item is "Average amount of loans, discounts and investments." All investments except real estate should be included. The second is "Average amount of specie." This includes gold and silver coin, United States and clearing house gold certificates and United States silver certificates. The third item is "Average amount of legal tenders and bank notes." The fourth is "Average amount due from reserve depositories in New York city, less offsets"; the fifth, "due from reserve depositories outside of New York city, less offsets"; the sixth, "due from other New York city banks and trust companies, on call"; the seventh, "due from out of town banks and trust companies, on call"; the eighth, "deposits secured by bonds of State of New York"; the ninth, 'deposits." "Deposits" includes gross deposits and unpaid dividends, less checks and demand items on other New York city banks or trust companies and amounts due from other banks or trust companies, for collection. Figures 33, 33a, 33b and 33c on pages 76, 77, 78 and 79 show the summaries prepared by the clearing house and the banking superintendent from the reports submitted.
|
Increase |
1908 |
||
|
Loans |
$1,349,370,200 |
*$8,185,800 |
$1,261,470,400 |
|
Specie |
310,179,300 |
2,528,700 |
305,701,600 |
|
Legal tender |
81,056,500 |
3,207,700 |
79,041,000 |
|
Net deposits |
1,428,824,000 |
*4,368,000 |
1,327,663,200 |
|
Surplus, new |
34,587,900 |
6,820,800 |
52,826,800 |
|
*Decrease. |
|||
|
The following statement, issued by the Superintendent of Banking, independently of the Clearing House, shows the condition of the State banks and trust companies in New York City not reporting to the Clearing House: |
|||
State Banks.
|
July 10 |
Increase |
|
|
Loans and investments |
$304,032,100 |
$385,200 |
|
Specie |
51,255,500 |
*4,504,300 |
|
Legals |
26,179,200 |
*506,700 |
|
Deposits |
361,957,700 |
*3,555,700 |
|
Reserve on deposits |
106,577,800 |
*4,320,600 |
|
P.C. of reserve |
29.9 |
*0.9 |
Trust Companies.
|
Loans and investments |
$1,089,760,000 |
$2,159,400 |
|
Specie |
122,946,700 |
730,600 |
|
Legals |
13,840,000 |
*18,800 |
|
Deposits |
1,268,822,500 |
1,989,600 |
|
Reserve on deposits |
145,192,500 |
987,100 |
|
P.C. of reserve |
17.2 |
0.2 |
United Report.
|
Loans and investments |
$1,179,747,300 |
$2,720,700 |
|
Specie |
129,449,300 |
1,056,700 |
|
Legals |
23,002,000 |
177,000 |
|
Total deposts |
1,386,103,500 |
4,211,200 |
|
+ Net deposits |
1,159,530,900 |
9,312,000 |
|
Reserve om deposits |
184,185,300 |
2,834,900 |
|
P.C. of reserve |
19.2 |
0.3 |
*Decrease. + Eliminating amounts due from reserve depositories and from other banks and trust companies in New York City.
Figure 33. Bank Statement Week Ended July 9, 1909.
Trust Company Statements For Week Ended July 9. Borough Of Manhattan.
|
Capital. |
Surp.and Undivided Profits. |
Trust Cos. |
Loans. |
Cash. |
Dep. with Other Bks & Tr. Cos. |
Secured and Time Deposits. |
Net Deposits. |
|
$1,250,000 |
$654,900 |
Astor |
$14,768,684 |
$1,769,765 |
$1,569,265 |
$2,760,103 |
$76,433,687 |
|
3,000,000 . |
21,335,500 |
Bankers' |
37,902,000 |
5,655,000 |
2,577,000 |
3,912,000 |
43,730,000 |
|
1,000,000 . |
5,579,700 |
Central |
67,324,530 |
9,028,522 |
26,970,445 |
3,662,000 |
85,473,276 |
|
1,000,000 |
1,438,600 |
Columbia |
13,268,246 |
1,473,427 |
1,187,788 |
2,588,650 |
13,866,472 |
|
500,000 |
320,100 |
Commercial |
4,119,300 |
691,700 |
495,200 |
115,800 |
4,675,700 |
|
1,000,000 |
1,067,700 |
Empire |
13,002,200 |
1,807,000 |
6,600,900 |
1,138,300 |
19,491,200 |
|
3,000,000: |
.0,925,433 |
Equitable........ |
44,998,998 |
4,603,675 |
11,626,908 |
4,946,433 |
47,140,734 |
|
1,000,000 |
6,786,800 |
Farmers' Loan... . |
95,624,300 |
16,600,100 |
41,423,100 |
36,539,100 |
151,835,600 |
|
750,000 |
910,400 |
Fidelity.......... |
5,419,979 |
668,145 |
721,316 |
85,890 |
5,181,000 |
|
500,000 |
547,500 |
Gurdian |
3,124,000 |
417,000 |
1,414,000 |
70,000 |
3,979,000 |
|
500,000 |
673,500 |
Hudson |
3,518,300 |
324,900 |
472,300 |
432,700 |
3,162,500 |
|
4,000,000 |
6,035,800 |
Lawyers T. I |
17,077,548 |
1,873,445 |
2,115,675 |
500,000 |
14,417,462 |
|
1,000,000 |
504,700 |
Lincoin |
9,202,200 |
1,283,900 |
1,935,100 |
639,800 |
10,895,300 |
|
2,000,000 |
8,089,900 |
Metropolitan |
22,389,850 |
3,171,249 |
13,354,202 |
3,178,295 |
28,860,758 |
|
2,000,000 |
7,173,900 |
Mercantile |
69,107,000 |
6,979,000 |
5,747,000 |
22,046,000 |
72,257,500 |
|
700,000 |
389,100 |
Mutual Alliance.... |
6,410,217 |
1,016,487 |
2,151,776 |
8,771,649 |
|
|
300,000 1 |
0,723,800 |
New York |
62,148,600 |
7,394,400 |
12,643,000 |
21,063,000 |
68,607,700 |
|
4,375,000 |
8,924,800 |
Title Guarantee... |
29,115,900 |
3,137,200 |
7,403,500 |
760,500 |
28,344,600 |
|
2,000,000 |
4,555,000 |
U. S. Mortgage.... |
31,769,815 |
3,254,282 |
11,851,731 |
7,348,038 |
40,616,098 |
|
1,000,000 |
1,213,700 |
Van Norden |
6,853,200 |
768,700 |
2,539,000 |
582,600 |
8,199,300 |
|
500,000 |
1,286,402 |
Washington |
9,864,356 |
1,305,300 |
1,189,635 |
640,439 |
10,607,000 |
Borough Of Brooklyn.
|
500,000 |
169,600 |
Citizens' |
... 1,776,400 |
186,400 |
284,200 |
12,000 |
1,681,300 |
|
1,500,000 |
1,479,200 |
Franklin |
... 12,843,900 |
1,593,200 |
1,164,500 |
1,513,400 |
13,239,600 |
|
500,000 |
946,300 |
Hamilton |
736,000 |
807,000 |
495,000 |
7,338,000 |
|
|
750,000 |
303,400 |
Home |
,.. 2,560,606 |
191,823 |
266,201 |
226,411 |
2,113,995 |
|
500,000 |
1,886,000 |
Kings Co |
... 14,966,372 |
1,474,456 |
1,422,575 |
405,350 |
15,535,917 |
|
1,000,000 |
2,052,000 |
Long Island L. |
814,269 |
814,905 |
1,290,000 |
500,000 |
9,425,371 |
|
600,000 |
444,600 |
Nassau |
. . . 4,946,669 |
666,961 |
1,434,196 |
410,392 |
6,283,900 |
Borough Of Queens.
|
600,0001 |
166,078| |
Queens Co |
1,976,548 |
191,212| |
169,826 |
105,098| |
1,773,820 |
The cash of the trust companies above is divided between specie and legal tender thus:
|
Trust Company. |
Specie. |
Legal Tenders. |
Trust Company. |
Specie. |
Legal Tenders. |
|
Astor |
$1,519,765 |
250,000 |
Mutual Alliance |
$557,734 |
$458,753 |
|
Bankers' |
3,998,000 |
1,657,000 |
New York |
7,194,400 |
200,000 |
|
Central |
8,999,007 |
29,515 |
Title Guarantee |
1,773,000 |
1,364,200 |
|
Columbia |
983,027 |
490,400 |
U.S. Mortagagek |
2,333,166 |
921,116 |
|
Commercial |
553,400 |
138,300 |
Van Norden |
535,700 |
233,000 |
|
Empire |
1,797,400 |
9,600 |
Washinton |
1,285,300 |
20,500 |
|
Equitable |
4,198,820 |
404,855 |
Citizens' |
135,900 |
50,500 |
|
Fidelity |
430,893 |
237,252 |
Franklin |
1,386,700 |
206,500 |
|
Farmers' Loan |
16,500,100 |
100,000 |
Hamilton |
711,000 |
25,000 |
|
Gouardian |
182,000 |
235,000 |
Home |
152,610 |
39,213 |
|
Hudson |
255,200 |
69,700 |
Kings Co |
1,202,906 |
217,550 |
|
Lawyers T. I |
1,256,371 |
617,074 |
Long Island Loan |
549,285 |
265,200 |
|
incoln.................... |
1,075,000 |
208,400 |
Nassau |
32,706 |
634,255 |
|
Metropolitan |
3,161,912 |
9,337 |
Queens Co |
63,737 |
127,475 |
|
Mercantile |
6,968.000 |
11,000 |
Figure 33a. New York City Non-Member Banks For Week Ended Saturday, July 9. Borough Of Manhattan.
|
Capital. |
Surplus and Undivided Profits. |
Loans. |
Banks. |
Specie. |
Legals. |
Dep.with Clearing House Agent. |
Deposits Other B'ks and Tr'st Cos. |
Net Deposits. |
|
$300,000 |
$308,427 |
$1,969,149 |
AEtna |
$449,724 |
$30,030 |
$106,824 |
$498,192 |
$2,550,624 |
|
150,000 |
53,430 |
1,520,147: |
Bronx Borough |
13,336 |
171,423 |
352,083 |
73,567 |
2,105,141 |
|
200.000 |
146,600 |
1,157,200 |
Battery Park....... |
211,400 |
53,000 |
80,400 |
1,062,900 |
|
|
200,000 |
140,000 |
1,477,800 |
Century |
28,100 |
222,500 |
87,200 |
236,700 |
1,926,100 |
|
500,000 |
803.000 |
5,338,000 |
Coal & Iron |
910,000 |
473,000 |
670,000 |
250,000 |
6,028,000 |
|
625.000 |
250.000 |
4,802,800 |
Colonial |
690,100 |
303,500 |
485,100 |
800,000 |
6,564,300 |
|
300,000 |
439,700 |
5,822,000 |
Columbia |
652,000 |
618,000 |
867,000 |
7,414,000 |
|
|
200,000 |
182,700 |
1,041,124 |
Fidelity |
86,500 |
69,018 |
133,040 |
1,061,000 |
|
|
500,000 |
656,000 |
3,265,900 |
Jefferson |
12,800 |
459,200 |
234,300 |
179,600 |
3,557,800 |
|
250,000 |
284,200 |
2,660,900 |
Mount Morris |
525,400 |
41,000 |
501,100 |
90,900 |
3,605,400 |
|
200,000 |
314,790 |
3,990,898 |
Muttual |
44,614 |
688,741 |
464,513 |
5,144 |
4,745,348 |
|
200,000 |
225.000 |
1,989,000 |
New Netherl'ds |
231,000 |
75,000 |
184,000 |
180,000 |
2,107,000 |
|
300,000 |
468,200 |
2,893,000 |
19th Ward......... |
83,205 |
954,800 |
1,108,600 |
1,959,20C |
6,554,300 |
|
100,000 |
411,000 |
3,780,000 |
Plaza |
336,000 |
382,000 |
811,000 |
4,791,000 |
|
|
200,000 |
1,863,400 |
1,860,100 |
?3d Ward.......... |
183,200 |
74,200 |
286,200 |
2,235,400 |
|
|
,000,000 |
917,800 |
8,310,600 |
Union Exchange.... |
936,000 |
1,275,000 |
248,400 |
8,592,000 |
|
|
100,000 |
228,200 |
1,237,000 |
Wash. Heights |
132,000 |
49,000 |
517,000 |
1,280,000 |
|
|
100,000 |
439,600 |
4,003,600 |
Yorkville |
59,700 |
847,200 |
309,000 |
250,00C |
5,306,500 |
Borough Of Brooklyn.
|
200,000 |
119,324 |
2,046,300 |
Borough |
38,300 |
161,300 |
191,100 |
40,800 |
1,843,700 |
|
150,000 |
3,180,508 |
3,126,121 |
Broadway |
58,457 |
461,680 |
309,064 |
329,463 |
3,964,273 |
|
252,000 |
769,890 |
6,288,900 |
Manufact. Nat |
555,000 |
169,300 |
1,056,500 |
266,000 |
7,286,300 |
|
1,000,000 |
933,900 |
10,685,700 |
Mechanics |
294,500 |
1,813,600 |
1,251,700 |
278,100 |
14,228,800 |
|
750,000 |
900,000 |
6,849,000 |
Nassau............ |
291,000 |
603,000 |
1,631,000 |
7.596 000 |
|
|
300,000 |
4,331,000 |
4,418,000 |
National city |
118,000 |
664,000 |
1,005,000 |
166,000 |
6,027,000 |
|
200,000 |
1,670,278 |
1,671,416 |
North Side......... |
139,561 |
76,335 |
311,599 |
220,913 |
2,185,249 |
|
100,000 |
52,400 |
671,100 |
Prospect Park |
4,900 |
68,600 |
45,100 |
34,100 |
696,800 |
Borough Of Queens.
|
25,000 |
26,710 |
Woodhaven |
10,557 |
| 39,559| |
60,105 |
..... |
556,853 |
Jersey City.
|
400,000 |
1,225,000 |
4,500,700 |
First National...... |
252,100 |
601,200 |
2,742,100 |
866,000 |
7,143,800 |
|
250,000 |
727,700 |
2,974,197 |
Hudson Co......... |
181,416 |
40,741 |
300,083 |
248,556 |
2,920,305 |
|
200,000 |
372,845 |
| 1,747,609 |
Third National..... |
72,764 |
137,049 |
575,891 |
32,040 |
2,307,310 |
Hoboken.
|
220,000 |
625,600 |
2,995,600 |
First National |
121,400 |
14,400 |
150,500 |
64,900 |
2,516,500 |
|
125,000| |
225,000 |
2,314,700 |
Second National.... |
79,000 |
103,000 |
43,200 |
322,200 |
2,829,200 |
Bayonne.
|
50,000 |
| 31,277| |
2,639,018 |
Mech. Tr. Co.......| |
24,503| |
220,532 |
458,685 |
697,484 |
3,838,719 |
Figure 33b. Bank Statement.
Associated Banks Of The City Of New York For Week Ended Saturday, July 9.
|
*Capital. |
*Net Profits. |
Banks. |
Loans dis. Average. |
Specie. Average. |
Legals. Average. |
Deposits. Average. |
Circul'n. Average. |
||||
|
$2,000,000 |
$3,452,500 |
BankofN.Y.N.B.A. |
$22,065,000 |
$4,407,000 |
$1,381,000 |
$21,270,000 |
$1,500,000 |
||||
|
2,050,000 |
3,567,700 |
Bank of Man. Co.... |
37,700,000 |
10,359,000 |
1,520,000 |
45,375,000 |
|||||
|
2,000,000 |
1,692,700 |
Merchants' Nat.... |
23,058,000 |
4,787,000 |
1,704,000 |
25,507,000 |
1,364,000 |
||||
|
3,000,000 |
3,701,300 |
Mechanics' Nat..... |
32,109,000 |
7,917,000 |
1,354,000 |
35,111,000 |
1,473,400 |
||||
|
1,500,000 |
5,178,400 |
Bank of America.... |
30,691,400 |
6,308,100 |
1,892,200 |
33,255,800 |
|||||
|
1,000,000 |
680,300 |
Phenix Nat...... |
7,625,000 |
1,289,000 |
501,000 |
6,988,000 |
745,700 |
||||
|
25,000,000 |
27,811,300 |
NationalCity..... |
185,722,000 |
64,311,000 |
8,345,000 |
206,722,500 |
3,595,500 |
||||
|
3,000,000 |
5,958,300 |
Chemical Nat... |
29,673,200 |
5,499,100 |
2,076,900 |
29,008,000 |
47,000 |
||||
|
600,000 |
554,500 |
Merch. Exch. Nat.. |
7,318,500 |
1,709,500 |
590,000 |
8,207,900 |
355,000 |
||||
|
1,000,000 |
2,419,000 |
Gallatin Nat....... |
9,455,200 |
1,194,200 |
630,000 |
7,336,200 |
981,100 |
||||
|
300,000 |
157,600 |
Nat. Butch. & Drov. |
2,267,200 |
373,200 |
126,900 |
2,196,800 |
47,100 |
||||
|
500,000 |
755,100 |
Greenwich...... |
7,438,600 |
1,922,500 |
200,000 |
8,440,500 |
|||||
|
5,000,000 |
5,051,300 |
Am. Exch. Nat..... |
31,378,200 |
4,456,900 |
1,955,600 |
25,060,800 |
4,826,200 |
||||
|
25,000,000 |
15,722,100 |
Nat. Bank of Com... |
179,599,000 |
31,383,900 |
10,984,700 |
167,177,400 |
13,069,400 |
||||
|
3,000,000 |
2,495,700 |
Mercantile Nat.... |
16,000,100 |
2,123,700 |
1,206,000 |
13,197,800 |
1,265,400 |
||||
|
500,000 |
864,800 |
Pacific.... |
4,161,800 |
325,100 |
474,700 |
3,755,800 |
|||||
|
450,000 |
1,024,400 |
Chatham Nat....... |
7,646,600 |
1,186,000 |
970,700 |
8,326,700 |
145,900 |
||||
|
200,000 |
470,500 |
People's...... |
1,961,100 |
498,300 |
135,400 |
2,475,000 |
|||||
|
3,000,000 |
10,747,500 |
Hanover Nat....... |
73,086,600 |
17,816,000 |
7,440,200 |
89,756,600 |
50,000 |
||||
|
2,550,000 |
1,484,500 |
Citizens' Cent. Nat |
24,720,200 |
6,441,000 |
328,800 |
25,643,700 |
1,948,600 |
||||
|
500,000 |
435,800 |
Nassau Bank...... |
5,655,000 |
538,500 |
1,086,600 |
6,274,700 |
|||||
|
1,000,000 |
1,674,000 |
Market & Ful. Nat |
8,054,900 |
1,349,300 |
1,125,600 |
8,416,100 |
50,400 |
||||
|
2,000,000 |
1,309,700 |
Metropolitan..... |
10,850,400 |
2,509,500 |
161,200 |
10,668,400 |
|||||
|
3,000,000 |
5,372,300 |
Corn Exchange.... |
45,080,000 |
7,205,000 |
5,654,000 |
52,834,000 |
|||||
|
1,500,000 |
7,554,500 |
Imp. & Trad. Nat... |
26,955,000 |
4,938,000 |
1,653,000 |
25,348,000 |
47,600 |
||||
|
3,000,000 |
9,792,800 |
National Park...... |
92,004,400 |
25,307,800 |
1,367,000 |
105,517,100 |
2,957,500 |
||||
|
250,000 |
104,300 |
East River Nat.... |
1,383,200 |
221,500 |
153,800 |
1,534,600 |
49,900 |
||||
|
3,000,000 |
3,399,600 |
Fourth Nat........ |
26,440,000 |
5,921,000 |
2,887,000 |
29,695,000 |
594,000 |
||||
|
1,000,000 |
1,868,600 |
Second Nat....... |
11,888,000 |
3,024,000 |
180,000 |
12,576,000 |
455,000 |
||||
|
10,000,000 |
18,968,100 |
First Nat.......... |
114,334,600 |
25,048,300 |
1,918,300 |
107,257,000 |
6,436,700 |
||||
|
2,000,000 |
1,450,400 |
Irving Nat. Exch... |
20,733,700 |
4,054,700 |
1,587,800 |
21,950,100 |
793,600 |
||||
|
250,000 |
789,700 |
Bowery........ |
3,315,500 |
821,000 |
58,000 |
3,470,000 |
|||||
|
500,000 |
1,631,200 |
N. Y.Co. Nat...... |
8,334,600 |
1,367,600 |
683,700 |
8,561,300 |
198,800 |
||||
|
750,000 |
656,200 |
German-American.. |
4,207,500 |
768,000 |
222,600 |
4,015,800 |
|||||
|
5,000,000 |
6,655,100 |
Chase Nat....... |
81,723,000 |
18,198,000 |
5,343,000 |
91,246,000 |
2,510,000 |
||||
|
100,000 |
2,178,600 |
Fifth Avenue.... |
12,905,200 |
3,461,000 |
946,400 |
15,201,600 |
|||||
|
200,000 |
857,600 |
German Exchange |
3,400,400 |
365,000 |
600,700 |
3,962,700 |
|||||
|
200,000 |
1,020,900 |
Germania |
4,931,800 |
940,600 |
537,100 |
5,735,600 |
|||||
|
1,000,000 |
1,312,400 |
Lincoln Nat....... |
15,272,800 |
3,459,900 |
981,200 |
16,714,900 |
729,800 |
||||
|
1,000,000 |
1,160,800 |
Garfield Nat....... |
7,567,700 |
1,837,700 |
207,300 |
7,786,700 |
379,200 |
||||
|
250,000 |
475,400 |
Fifth Nat.......... |
3,175,800 |
647,700 |
210,200 |
3,433,000 |
238,100 |
||||
|
1,000,000 |
2,020,200 |
Bank of Metropolis |
11,883,400 |
1,015,900 |
1,964,100 |
11,961,100 |
|||||
|
200,000 |
1,087,300 |
West Side......... |
4,471,000 |
1,123,000 |
242,000 |
5,047,000 |
|||||
|
1,000,000 |
1,782,100 |
Seaboard Nat....... |
20,555,000 |
4,396,000 |
2,356,000 |
24,870,000 |
232,000 |
||||
|
1,000,000 |
2,610,400 |
Liberty Nat....... |
17,810,900 |
3,879,200 |
1,043,400 |
18,136,500 |
990,900 |
||||
|
1,000,000 |
687,200 |
N. Y. Prod. Exch... |
7,971,200 |
2,063,200 |
391,000 |
9,549,900 |
|||||
|
1,000,000 |
810,300 |
State............. |
12,456,000 |
3,595,000 |
256,000 |
15,350,000 |
|||||
|
1,000,000 |
320,100 |
Fourteenth Street.. |
5,014,700 |
1,013,900 |
501,500 |
5,977,400 |
|||||
|
2,000,000 |
2,675,000 |
National Copper.... |
26,928,200 |
6,494,600 |
579,300 |
28,434,600 |
992,100 |
||||
|
10,400,000 |
146,067,700 |
Total, Nat. banks |
|||||||||
|
15,950,000 |
28,382,400 |
Total, State banks |
|||||||||
|
126,350,000 |
174,450,100 |
Total, av'g. |
1,348,980,600 |
309,872,400 |
78,714,900 | |
+1,426,337,600 |
49,069,900 |
||||
|
*As per official reports: 31 National, June 23,1909; 18 State, Apr. 28,1909. |
Increase. |
I Decrease. |
Decrease. |
Increase. |
Increase. |
|
8,780,300 |
395,700 |
342,000 | |
7,021,900 |
36,700 |
Res. on average dep., dec, $2,493,175. Res. on average dep. other than U. S., dec., $2,502,575.
+United States deposits included, $2,222,300. Percentage of reserve to average deposits other than United States, 27.27.
|
Actual figures Saturday.............. |
1,349,370,200 |
310,179,300 |
81,056,500 |
++1,428,824,000 |
49,162,800 |
|
++United States deposits included, |
Decrease. |
Increase. |
Increase. |
Decrease. |
Decrease. |
|
$2,232,400. |
8,185,800 |
2,528,700 |
3,207,700 |
4,368,000 |
12,100 |
Res. on actual dep., inc., $6,828,400. Res. on actual dep. other than U. S., inc., $6,820,800. Percentage of reserve to deposits other than United States on actual figures, 27.42.
Figure 33c. Bank Statement.
 
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