Ohio General Statistics Volume 4

Ohio General Statistics Volume 4

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ... of the larger cities have enjoyed the greatest degree of prosperity. The net earnings of the 485 banks outside the larger cities show a gain of 18.7% on the capital, while those of Toledo show a gain of 19%; Canton, 22.1%; Dayton, 22.9%; Akron, 25.4%; Cincinnati, 26.5%, and Cleveland 26.7%. The banks of Youngstown show a gain of 15.8% and those of Columbus 12.5% on their capital. Gross earnings of the 28 incorporated state banks of Cleveland amounted to 130.4% of the capital for the year 1917, or 34.4% higher than any other city of the state. Salaries of officers and employes of the banks paid during the year amounted to $5,899,066, an increase of $1,008,160, or 20.6% over the amount paid in 1916. Taxes paid by the 601 incorporated state banks for the year ending December 31,1917, amounted to $1,749,465, which was $217,563, or 14.2% more than was paid in 1916. Interest paid to depositors for the same period of time amounted to $21,901,751, an increase of $3,510,667, or 19% over the preceding year. Dividends distributed to stockholders during the year amounted to $4,837,757, an increase of $357,258, or 7.9% over the preceding year. Net earnings carried to surplus for the same period of time, amounted to $2,906,683, or 6% of the total earnings. Total capital and surplus invested in the 601 incorporated state banks, at the close of business December 31, 1917, was $94,258,403, a gain of $8,057,188, as compared with December 31, 1916. The percentage of gross earnings to capital for the past year was 85.1, the greatest probably ever shown, but on account of the large increase in the amount paid for salaries, taxes and interest, the percentage of net gain is 1.1% less than for 1916. PRODUCTIVENESS OF LOANS AND BOND INVESTMENTS. INCORPORATED...show more

Product details

  • Paperback | 120 pages
  • 189 x 246 x 6mm | 227g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236567188
  • 9781236567185