BANKING: COMBINED CONDITION OF ALL THE COMMERCIAL BANKS IN THE PHILIPPINE ISLANDS, IN PESOS

1921 1922
RESOURCES
Loans and discounts ₱131,507,519 ₱149,717,446
Overdrafts 70,753,659 45,609,527
Stock, securities, etc. 10,407,808 9,519,139
Real estate, furniture, and fixtures 1,915,883 2,242,125
Other real estate and mortgages owned 650,371 4,613,756
Due from head office and branches 67,650,248 40,458,548
Due from other banks 2,862,073 3,850,498
Due from agents and correspondence 6,407,068 5,323,482
Bill of exchange 19,497,053 15,747,964
Cash on hand 15,915,519 14,968,282
Checks and other cash items 1,011,653 1,533,338
Profit and loss account 7,877,758 23,881,482
Resources other than those above 44,046,038 8,737,874
Suspense accounts ————
Total 380,502,650 326,203,461
LIABILITIES
Capital stock ₱49,393,814 ₱48,695,900
Reserve fund 12,007,373 5,119,795
Bank notes in circulation 42,237,752 41,391,580
Undivided profits 477,326 38,567
Due to head office and branches 90,812,907 69,386,521
Due to other banks 2,291,346 2,091,166
Due to agents and correspondents 4,916,581 2,823,688
Dividends due and unpaid 103,160 2,683
Demand deposits 428,875 6,092,342
Time deposits 26,151,621 62,063,047
Savings deposits 16,359,041 13,296,858
Current accounts 46,582,381 52,821,970
Profit and loss accounts 7,613,172 1,506,626
Bills payable:
Domestic 119,766 7,348,386
Foreign 224,593 336,032
Cashier’s check outstanding 939,336 398,971
Certified checks 104,978 670,617
Suspense accounts —— 185,704
Liabilities other than those above 25,062,967 11,933,088
Government funds 54,675,662 ——
Total 380,502,650 326,203,461

THE AMOUNT OF CURRENCY IN CIRCULATION AND THE PER CAPITA CIRCULATION IN THE PHILIPPINE ISLANDS FROM 1906 TO 1922

[Source: Insular Treasury]

Year Amount in circulation Per capita circulation
June 30—
1906 ₱30,030,411 ₱3.72
1907 42,814,315 5.21
1908 40,337,982 4.82
1909 41,528,608 4.88
1910 48,155,587 5.62
1911 48,155,587 5.45
1912 52,055,893 5.79
1913 52,034,389 6.68
December 31—
1913 50,697,253 5.53
1914 52,575,118 5.63
1915 51,284,907 5.40
1916 67,059,189 6.86
1917 102,580,314 10.20
1918 131,151,883 12.67
1919 146,576,956 13.87
1920 124,589,240 11.56
1921 103,661,820 10.01
1922 97,217,468 9.03

TABLE SHOWING THE ASSESSED VALUATION OF REAL PROPERTY IN THE PHILIPPINE ISLANDS (EXCEPT THE CITIES OF MANILA AND BAGUIO), BY PROVINCES

[Source: Executive Bureau]

December, 1921December, 1922March, 1923
ProvincesTaxable ExemptTaxable ExemptTaxable Exempt
Abra. ₱6,827,320 ₱732,010 ₱6,686,460 ₱746,620 ₱6,649,470 ₱776,230
Albay. 30,985,290 6,085,870 30,620,610 6,655,970 30,615,200 6,653,070
Antique. 10,013,680 580,890 9,783,590 746,260 9,792,320 746,420
Bataan. 8,485,270 981,560 9,152,240 1,008,960 9,179,560 1,008,970
Batanes. 1,492,050 154,800 1,460,830 155,730 1,463,790 155,730
Batangas. 45,598,330 2,384,650 37,839,750 2,364,360 37,263,760 2,372,500
Bohol. 25,817,920 4,124,890 29,526,900 4,367,660 29,537,810 4,374,300
Bulacan. 45,545,640 6,106,600 45,692,580 6,219,540 46,182,320 6,220,180
Cagayan. 22,583,840 594,550 22,210,960 6,153,810 21,887,060 6,368,170
Camarines Norte. 14,155,290 462,150 13,356,900 458,480 13,331,750 458,420
Camarines Sur. 28,912,970 3,057,690 26,800,210 3,177,820 26,796,940 3,181,140
Capiz. 38,692,980 3,174,380 35,427,240 3,237,770 34,924,320 3,238,300
Cavite. 17,676,350 2,912,180 17,857,950 2,893,960 18,086,150 2,935,890
Cebu. 59,659,580 12,712,200 59,360,360 14,785,210 59,372,120 14,790,560
Ilocos Norte. 31,680,880 2,210,430 32,248,000 1,689,710 31,619,610 1,647,460
Ilocos Sur. 25,183,610 2,726,700 24,800,120 2,777,580 24,808,400 2,797,200
Iloilo. 76,006,720 15,694,720 75,995,250 15,788,350 75,826,940 15,787,250
Isabela. 19,611,879 1,588,580 19,757,289 1,607,630 19,847,500 1,612,250
Laguna. 52,514,740 2,765,180 46,299,570 2,997,079 46,077,720 2,980,879
La Union. 20,109,110 1,920,050 19,314,180 2,409,719 19,336,510 2,370,000
Leyte. 40,262,600 4,911,800 42,946,880 5,598,440 43,469,340 5,630,190
Marinduque. 9,247,290 694,740 9,315,340 753,040 9,324,240 754,760
Masbate. 5,653,280 885,750 6,946,630 925,140 6,956,885 924,400
Mindoro. 9,542,955 366,530 9,216,237 495,690 9,131,137 619,790
Misamis. 40,275,740 2,454,160 38,615,660 2,456,650 38,546,184 2,456,650
Nueva Ecija. 55,157,610 2,609,430 55,593,930 2,871,460 54,777,700 2,965,410
Occidental Negros. 80,710,280 3,049,390 81,279,000 3,296,020 81,266,630 3,306,870
Oriental Negros. 24,111,890 2,891,630 24,671,890 3,004,890 24,300,200 2,004,780
Palawan. 3,256,700 755,030 3,905,320 788,600 3,905,320 778,600
Pampanga. 55,940,550 4,357,730 53,784,310 4,348,370 53,752,530 4,346,550
Pangasinan. 50,894,810 5,469,050 50,188,090 5,556,680 82,768,990 7,191,040
Rizal. 45,610,750 8,500,700 47,062,340 8,543,580 47,430,060 8,545,280
Romblon. 8,779,010 550,340 8,698,790 580,310 8,698,790 580,310
Samar. 24,662,030 3,930,740 24,706,880 3,912,730 24,748,410 3,828,060
Sorsogon. 22,759,780 4,658,040 22,865,480 4,615,630 22,796,620 4,589,900
Surigao. 12,263,780 1,421,820 12,306,570 1,424,320 12,351,320 1,431,220
Tarlac. 25,980,990 2,440,600 36,994,920 2,492,340 37,046,860 3,346,550
Tayabas. 69,530,480 9,287,190 70,166,080 9,572,060 70,930,150 9,573,420
Zambales. 9,283,060 659,470 9,051,480 758,520 9,062,330 774,840
Total. 11,457,730,340 131,409,220 11,725,068,160 149,002,759 12,038,634,420 145,123,539