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STATE NUMBER now banks number of state is 1,009, a On operation the were 999 The of ten in for Nebraska year there 1920. gain first of the year During the last the being conducted. charters were of granted which twelve new Five have sixteen have months banks, business. to opened for were taken by the state thru the over banks twelve being failed, run department. and receiver- These are ship process. failed banks were Verdon the Aurora, Ceresco. bank at The Page, now five Aurora, In Valparaiso, failures, located Valand Ceresco instituted paraiso and been whose prosecutions have of the bank, to have against conduct officers is alleged Lower at illegal Cashier in district been was is to be court, Valparaiso responsibile. and supreme his appeal court. Cashier heard and shortly in pleaded guilty of Ceresca The other Maixner in the penitentiary. district court, case is now in is pending also a left-over in prosecution at Halsey. where of a bank anagainst officers consolidated with One bank was in the same place, othothers The other and six state bank consolidated same town. with being bank banks in the liquidated, at er Harrisburg was Scottsbluff National. purchased by of the state banks decreased from Deposists during the year while $15,000,000 to $255,000,000, from $249,2 loans $270,000,000 dropped $1,000,000 The drop in to most has In last five but deposits 000,000 $248,000,000. been months. marked decreased August in were that and they the cent $281,000,000, between call was Novem- made. per when the last was 6 decrease in part is offset The 9 ber 13, for the year increased by their per the cent. This the banks $4,568, fact that bills payable to rediscounts and efforts made their indicating the by use of 000, local demands from correspondborrowing meet power federal reserve. than This the ents and the 50 per cent larger the largest item was and is busibanking the history item was report showed of the this $8, 532,000. in A year ago $14,143,000. Cash ness. Now it is differ materially, hand does not due from coron but the item of money has decreased from respondent banks $29,000,000, indicating to meet $40,000,000 the heavy pull to made on them local obligations. credit banks have The stringency country and the frozthe almost the point, en reserve The averpulled credits the in 15 per down cent. cent. to This legal reserve is 16 per of banks that means age that a number to take care of 10- rewere hardest put below the cal people The have department gone has and kept is con- in close serve. tab on this situation, pressure to bear to stantly bringing the situation, temporarily altho it has now had had remedy to close its eyes actual condition. and then to the of the state banks a This Cash resources were 331 millions. year ago been pulled down when to 317 figfigure has which is not large The nummillions, a percentage basis. state banks at of 590,635, of ber ured present on depositors time is in banks. which The 23,583 the are in the combined savings capital stock banks of the have nineteen a savings eight banks millions, The $167,200 belongs surplus fund is over individual to the sav- de- of which institutions. The little ings in savings banks total loans a reach five millions. they have to four in posits over close and millions, a quarter Their and securities correspondent a million 763 thousand in of note is that and banks. One matter exactly as much almost certifimoney there is in the state banks year on ago, 133 cates of is all millions. deposits The decrease Undivided as a profits in check- are ing accounts. -$11,793,000, while listed now at were $10,188,000. to year ago they banks being close to The country the farmer the guns and having have been having finance rather primarily unhappy time good of it in bankin recen months, a but where have been ployed judgment they and have policy weathered Some trouble in good shape. outside paper now buying was gener them source are of revenue that when de to in the days threat ened ally resorted so large that they posits were burst the vault doors to
