CINCINNATI, Nov. 7, ls45.

Y
Our Banks and Banking System.
{"newspaper_name": "The New York herald.", "edition": "01", "page": "p4", "byline": ""}
{"character_count": 1676, "word_count": 309, "ccnet_language_score": [0.9409000277519226], "ccnet_perplexity": [1132.0999755859375], "fasttext_language": ["en"]}
Our Banks and Banking System.
have been subscriber to your valuable paper for
several years, and shall continue to be one az long
pay for it. wish place you right as regards the
banking and monetary matters OF the State Of Ohio To
begin, them
Previous to the passing of the bank law Of last winter
at Columbus Ohio the entire capital OF all the banking
institutions in the State of Ohio, amounted to


s2,450 900
Add tho proportion of the capital OF the Ohio
Life Ins. and Trust Co.. set apart for banking
purposes, $4,000


ss,575000
The Law of last winter limits the amount OF the
entire capital of all banks which may be
ganised under it, at S6,l6OOoo


Total, $9a25 900
To arrive, then, at the present bank capital of
the State of Ohio, take the old banks as
above $a,o75ooo
small capital, organised under the new law
aud about one third the amou. SO allowed 100000
Making, you will see, the total amount Of
bank capital Of Ohio, now, S5075Ooo
feel very confident that the entire amount of dis
counted biis and notes now in possession OF all the
hanks in this State ooes not exceed five mlions-more
full if many more banks come in under the new law in
any event think not more than one million, in addi
ton will be taken up fthis is done, shall then stand
at So 075000


In reference to the ownership of the banks of Ohio
would here remark that fully three quarters of them
owned by residents Of this and that the banks
now in the hands Of safe aud prudent men, generally
money lenders, ani not borrowers


By reference to your tables published in October last
respecting the loans discounts and circulation Of the
that the loans and discounts of the State
of Ohio, was in