Triumphs and wonders of the 19th century, a volume of original, historic and descriptive writings showing the many and marvellous achievements which distinguish an hundred years of material, intellectual, social and moral progress (1901)
Boyd, James Penny, 1836-1910 · Philadelphia, A. J. Holman & co · leaf 494
ency issued by Stateand private banks amounted to 5 per cent annually. The national banks are not monopolistic. Any body of five reputable citi-zens can form one by getting together f 50,000 capital. The total shares ofthe national banks are approximately 300.000. Profits on national bank stock are… … PROGRESS IN COINAGE, CURRENCY, AND BANKING 463 been organized, of which 1224 have gone into liquidation, 368 have becomeinsolvent, and 3579 are in operation (February 4, 1899}. There is a marked falling off in the number of new national banks organ-ized in recent years. In 1890 there were 307…
Progress · Inventions
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