Evening Republican, Volume 18, Number 54, Rensselaer, Jasper County, 4 March 1914 — PENNSYLVANIA’S WEALTH. [ARTICLE]

PENNSYLVANIA’S WEALTH.

Its Banking Assets Go Far Above the Two Billion Mark. . Harrisburg, Pa.—The fact that the aggregate assets of national und State banks, trust companies and other instituttone of the kind in Pennsylvania total the enormous sums of $2,446,766,547 wa* shown by a compilation for the first time of the condition of the various saving institutions in response to calls made by the Controller of the Currency. Of this total the national banks contain $1,847,502,350 and the State institutions $1,999,258,127. The total amount of loans and discounts 1* $1,152,746,696, of which the national concerns hold $680,642,381 and the State banks $487,225,225. The bonds owned by both classes of institutions reach $698,558,290, divided as follows: National banks, $284,054,496; State banks, $414,503,794. The combined capital of the savings organization totals $234,816,297. An aggregate of more than a billion dollars 1* shown in the total deposits, $1,483,284,685 in actual figures, and of this amount there is held in the State banks $755,522,210, and the remainder of $727,721,475 in the Government institutions.