On June 30, 1919, the total deposits of the state, savings, and private banks and loan and trust companies in the United States were as follows:

Due to banks....................................................................

$ 905,000,000

Dividends unpaid.........................

10,000,000

Individual deposits...............................................

20,812,000,000

Postal savings deposits........................................

16,000,000

$21,744,000,000

Table Showing Progress Of The Federal Par Collection System

District

Number of Member

Banks in District

June 15

Number of Non-Member Banks on Par List June 15

Number of Incorporated

Banks Other than Mutual

Savings Banks Not on Par

List June 15

1920

1919

1920

1919

1920

1919

Boston...........

432

429

254

241

....................

....................

New York............

771

734

322

318

....................

....................

Philadelphia........

688

667

423

361

....................

46

Cleveland........

859

823

1,078

833

....................

215

Richmond........

601

572

766

339

776

1,083

Atlanta..........

437

424

437

329

1,169

1,247

Chicago..............

1,391

1,351

4,239

3,080

....................

1,088

St Louis.............

563

526

2,511

1,483

174

1,150

Kansas City.......

967

882

2,906

1,307

....................

1,544

1,060

1,002

3,390

2,279

....................

966

Dallas..........

804

744

1,250

301

....................

817

San Francisco.....

793

669

1,038

911

....................

153

Total.........

9,366

8,825

18,614

11,782

2,119

8,309

Table Showing Number and Amount of Items Handled by the Federal Par Collection System (In Millions)

Number of Items Handled Drawn on

Amount of Items Handled Drawn on

Month Ending

Banks in

Federal

Reserve

Bank and

Branch

Bank

Cities

Banks

Outside

Federal

Reserve

Bank and

Branch

Bank

Cities

Treasurer of United States

Total

Banks in

Federal

Reserve

Bank and

Branch

Bank

Cities

Banks

Outside

Federal

Reserve

Bank and

Branch

Bank

Cities

Treasurer of

United

States

Total

1919, July 15

4.9

17.0

2.4

24.4

$6.4

$3.8

$1.2

$11.4

1920, June 15

7.0

275

1.9

36.5

6.7

4.7

0.5

12.8

The deposits of the national banks on the same date were:

Due to federal reserve banks.........

$11,000,000

Net amounts due to national banks...

1,135,000,000

Net amounts due to other banks, bankers, and trust companies......

1,839,000,000

$ 2,985,000,000

Certified checks outstanding............

..........................

2 75,000,000

Cashier's checks on own bank outstanding

......................................

206,000,000

Demand deposits: Individual deposits subject to check

$8,480,000,000

Certificates of deposits due in less than 30 days...................

409,000,000

State, county, or other municipal deposits .........................

88,000,000

Deposits requiring notice, but less than 30 days...................

43,000,000

Dividends unpaid.................

26,000,000

Other demand deposits.........................

6l,000,000

9,106,000,000

Time deposits:

Certificates of deposit.............

$ 898,000,000

State, county, or other municipal deposits .........................

8,000,000

Postal savings deposits............

94,000,000

Other time deposits...............

1,784,000,000

2,785,000,000

United States deposits.................

........................

567,000,000

$15,924,000,000

According to the statement of the Comptroller of the Currency covering returns from his call of May 4,1920, from national banks only, the states ranking highest in the number of deposit accounts per 1,000 of population were as follows:

Wyoming.............

394

Iowa.................

262

Montana.............

349

Virginia..............

259

Idaho................

293

Vermont.............

255

Pennsylvania..........

289

California.......................

248

Colorado..............

280

South Dakota.........

244

Oregon...............

275

Maine.............................

239

Minnesota............

271

Texas................

236

At this date there was an average of 190 accounts for each 1,000 people, or approximately one account for every 5 1/2 people. The number of demand deposit accounts was 12,315,000, and of time deposit accounts 8,065,000, aggregating 20,380,000 accounts.