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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from Annual Report of the Comptroller of the Currency to the Second Session of the Forty-Fifth Congress of the United States: December 3, 1877 Tables are also given showing the aggregate resources and liabilities of all the national banks at all the dates for which reports have been made during the past fifteen years, and by States and reserve cities at five different dates for the present year together with separate state ments of the condition of every national bank in the Union, on the first day of October of the present year. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Annual Report of the Comptroller of the Currency to the First Session of the Sixty-Fourth Congress of the United States, Vol. 1 of 2: December 6, 1915 Our National Banking System, established during the Civil War by authority of an act of Congress approved February 25, 1863, was a success and achieved the purposes for which it was primarily created. It furnished the market so much needed at that time for Government bonds which had to be sold to provide funds for the prosecution of the Civil War. It established a uniform currency, which circulated at its face value in every part of the country, and abolished the se called wildcat currency issued by the State banks in the different States and which sold at nearly as many rates of discount as there were places in which it was circulated. Every bank of deposit, whether it pays interest on its deposits or whether it does not, must keep on hand, either in its vaults or in some place where it may be readily available, a certain proportion of its deposits to meet the checks which may be drawn upon it by its depositors. Prior to the inauguration of the Federal Reserve System banks in the three central reserve cities of New York, Chicago, and St. Louis were required to keep in their vaults 25 per cent of their deposits in cash. There were also 51 cities known as reserve cities, and the national banks in these cities were required to keep a reserve of 25 per cent of their deposits, of which one-half, or 1212 per cent, was carried in their vaults and the other 121} per cent with their correspondent national banks in any one of the three central reserve cities. All of the other national banks throughout the United States, commonly designated as country banks, although some of the cities in which these country banks were located were larger than some of the reserve cities, were required to maintain a reserve equal to 15 per cent of their deposits, of which two fifths, or 6 per cent, had to be carried in their vaults and the remaining 9 per cent could be carried either in their vaults or could be held for their credit in national banks in either the reserve or central reserve cities. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Annual Report of the Comptroller of the Currency - To the second Session of Forty- Fifth Congress of the United States is an unchanged, high-quality reprint of the original edition of 1877. Hansebooks is editor of the literature on different topic areas such as research and science, travel and expeditions, cooking and nutrition, medicine, and other genres.As a publisher we focus on the preservation of historical literature.Many works of historical writers and scientists are available today as antiques only. Hansebooks newly publishes these books and contributes to the preservation of literature which has become rare and historical knowledge for the future.