The Southern South

by Albert Bushnell Hart

		1860.		1890.			1904.			1906.		1907. Assessed Valuation.	1908. Assessed Valuation.	1909. Assessed Valuation.
		Population [thousands].	Assessed Valuation.	Population [thousands].	Real Valuation.	Assessed Valuation.	Population [thousands].	Real Valuation.	Assessed Valuation.	Population [thousands].	Assessed Valuation.
1	Colorado	34	...	412	1,146	221	590	1,208	465	616	465	465	465	465
2	Indiana	1,350	411	2,192	2,095	857	2,646	3,106	1,360	2,711	1,598	1,598	1,768	1,776
3	Indian Terr.	...	...	180	...	...	477	459	...	519	...	...	...	...
4	Iowa	675	205	1,912	2,287	519	2,214	4,049	642	2,206	635	590	599	613
5	Kansas	107	23	1,427	1,799	348	1,534	2,253	378	1,612	378	425	2,454	2,511
6	Michigan	749	164	2,094	2,095	898	2,530	3,282	1,578	2,585	1,596	1,654	1,654	1,649
7	Minnesota	172	32	1,302	1,692	589	1,934	3,344	871	2,026	871	1,037	1,037	1,091
8	Nebraska	29	7	1,059	1,276	185	1,068	2,010	295	1,068	313	329	392	392
9	North Dakota	...	...	183	337	88	416	736	117	464	196	196	227	280
10	Oklahoma	...	...	62	...	...	526	636	...	590	97	97	97	860
11	South Dakota	...	...	329	425	140	444	680	173	466	173	173	284	321
12	Utah	40	4	208	349	106	303	488	50	316	146	146	146	146
13	Wisconsin	776	186	1,687	1,833	577	2,197	2,839	1,358	2,261	1,385	1,385	1,385	2,479
	Total	3,932	1,032	13,047	15,334	4,528	16,879	25,090	7,287	17,440	7,853	8,095	10,508	12,583
14	California	380	140	1,208	2,534	1,101	1,594	4,115	1,551	1,648	1,595	1,879	1,995	2,337
15	Idaho	...	...	84	208	26	191	343	67	206	81	81	116	121
16	Montana	...	...	132	453	113	283	746	153	304	234	251	252	280
17	Oregon	52	19	314	590	166	454	852	174	475	188	188	188	598
18	Vermont	315	85	332	266	162	348	360	168	350	188	184	184	186
19	Washington	12	4	349	761	218	582	1,052	298	615	329	573	573	790
	Total	759	248	2,419	4,812	1,786	3,452	7,468	2,411	3,598	2,615	3,156	3,308	4,312
	Double Total	4,691	1,280	15,466	20,146	6,314	20,331	32,558	9,698	21,038	10,468	11,251	13,816	16,895
20	Arizona	...	...	60	189	28	137	306	45	144	45	76	81	84
21	Illinois	1,712	389	3,826	5,067	810	5,220	8,817	1,083	5,419	1,083	1,127	1,127	1,264
22	Nevada	7	...	46	180	25	42	221	28	42	44	44	44	74
23	New Mexico	94	21	154	231	43	209	332	42	216	43	43	43	64
24	New Hampshire	326	124	377	325	263	426	517	221	433	232	238	245	249
25	Wyoming	...	...	61	170	33	100	330	47	104	51	64	68	186
26	W. Virginia	...	...	763	439	187	1,037	840	242	1,076	875	850	850	1,068
	Total	2,139	534	5,287	6,601	1,389	7,171	11,363	1,708	7,434	2,373	2,442	2,458	2,989
	Grand Total	6,830	1,814	20,753	26,747	7,703	27,502	43,921	11,406	28,472	12,841	13,693	16,274	19,884

COMPARATIVE BANKING STATISTICS (1865-1906)—SOUTHERN GROUPS

(In Thousands of Dollars)

		National Banks, 1865.				All Banks, 1896. Deposits.	National Banks, 1905.				All Banks, 1906.
		No.	Capital.	Deposits.	Assets.		No.	Capital.	Deposits.	Assets.	Deposits.	Assets.
1	Alabama	2	...	...	...	6,856	67	5,993	21,235	37,809	52,004	238,514
2	Arkansas	0	...	...	...	3,555	28	2,650	8,803	15,323	19,533	62,608
3	Florida	0	...	...	...	5,531	34	2,840	14,085	22,837	31,878	...
4	Georgia	1	100	350	466	10,952	63	6,371	22,527	43,333	68,131	594,700
5	Louisiana	1	500	5,089	6,572	25,307	35	5,905	30,091	55,678	83,634	984,264
6	Mississippi	1	50	86	163	8,909	25	2,970	8,578	16,139	44,727	...
7	North Carolina	2	68	52	141	9,722	48	3,850	14,057	26,499	47,377	19,484
8	South Carolina	0	...	...	...	9,891	24	2,986	9,059	18,819	41,095	68,415
9	Tennessee	7	340	939	1,850	21,723	68	8,425	36,417	66,079	86,706	594,979
10	Virginia	10	1,089	3,910	7,246	28,244	85	8,344	42,277	76,381	95,132	411,353
	Total 10 States	24	2,147	10,426	16,438	130,690	477	50,334	207,129	378,897	570,217	2,974,317
11	Texas	0	...	...	...	31,747	440	32,295	101,285	189,484	130,364	946,197
	Total 11 Seceding States	24	2,147	10,426	16,438	162,437	917	82,629	308,414	568,381	700,581	3,920,514
12	Delaware	11	1,328	1,555	4,479	7,020	24	2,274	8,164	14,220	24,552	65,309
13	Dist. Columbia	6	1,550	5,483	18,396	18,677	12	4,827	21,868	41,391	47,861	284,214
14	Kentucky	11	2,272	2,129	6,841	41,502	124	14,686	40,208	89,523	105,252	674,079
15	Maryland	27	11,910	15,212	38,923	87,354	89	17,294	61,986	130,422	171,313	1,442,156
16	Missouri	11	3,574	5,622	14,144	117,150	101	23,580	117,079	309,821	347,613	4,373,738
	Total Border States	66	20,634	30,001	82,783	271,703	350	62,661	249,305	585,377	696,591	6,839,496
	Whole South	90	22,781	40,427	99,221	434,140	1,267	145,290	557,719	1,153,758	1,397,172	10,760,010

COMPARATIVE BANKING STATISTICS (1865-1906)—EQUIVALENT NORTHERN GROUPS

(In Thousands of Dollars)

		National Banks, 1865.				All Banks, 1896. Deposits.	National Banks, 1905.				All Banks, 1906.
		No.	Capital.	Deposits.	Assets.		No.	Capital.	Deposits.	Assets.	Deposits.	Assets.
1	Colorado	1	200	162	427	29,967	74	7,093	66,618	102,970	93,243	399,242
2	Indiana	70	12,260	10,526	33,259	52,386	197	20,551	91,727	160,193	203,333	511,813
3	Indian Terr.	0	...	...	...	704	133	5,629	11,657	24,059	15,529	...
4	Iowa	36	3,196	5,110	11,128	78,440	281	17,665	69,709	134,197	262,176	308,990
5	Kansas	2	200	2,479	2,910	30,529	171	10,313	50,236	84,155	118,269	99,533
6	Michigan	35	4,148	4,307	11,665	103,671	88	12,720	74,719	115,736	278,579	830,735
7	Minnesota	11	1,345	1,894	4,582	68,494	229	18,606	83,491	145,250	179,699	1,374,158
8	Nebraska	2	115	337	525	30,866	159	10,885	56,822	106,743	114,645	524,94
9	North Dakota	0	...	...	...	7,032	97	3,498	14,519	22,396	35,416	27,935
10	Oklahoma	0	...	...	...	756	98	3,780	12,822	21,881	26,985	...
11	South Dakota	0	...	...	...	7,217	72	2,790	13,752	20,510	41,982	18,554
12	Utah	0	...	...	...	6,366	17	1,948	10,758	18,392	38,331	267,961
13	Wisconsin	34	200	262	463	68,864	115	13,585	85,736	124,241	189,181	476,709
	Total	191	21,664	25,077	64,959	485,292	1,731	129,063	642,566	1,080,723	1,597,368	4,840,677
14	California	0	...	...	...	202,874	95	23,065	92,111	181,699	593,979	2,506,729
15	Idaho	0	...	...	...	1,969	27	1,275	8,282	11,392	19,194	...
16	Montana	0	...	...	...	16,801	29	2,895	18,855	27,005	37,663	42,113
17	Oregon	0	...	...	...	9,262	43	3,160	24,285	38,193	34,535	259,704
18	Vermont	27	4,863	1,019	10,384	40,572	50	5,935	12,796	27,362	65,240	...
19	Washington	0	...	...	...	9,229	36	4,013	36,100	51,225	91,309	843,145
	Total	27	4,863	1,019	10,384	280,707	280	40,343	192,429	336,876	841,920	3,651,691
	Double Total	218	26,527	26,096	75,343	765,999	2,011	169,406	834,995	1,417,599	2,439,288	8,492,268
20	Arizona	0	...	...	...	1,548	13	705	4,319	6,247	13,708	...
21	Illinois	76	10,715	15,783	39,812	213,799	346	48,709	276,382	572,972	714,421	11,174,325
22	Nevada	0	...	...	...	580	4	407	1,333	2,136	5,813	...
23	New Mexico	0	...	...	...	2,311	23	1,342	7,194	11,012	10,782	...
24	New Hampshire	38	4,635	1,390	10,814	71,922	55	5,330	15,307	31,044	93,083	...
25	Wyoming	0	...	...	...	2,651	19	1,085	6,630	9,498	11,620	...
26	West Virginia	12	1,652	2,325	4,807	17,746	79	6,604	24,848	43,079	76,465	50,918
	Total	126	17,002	19,498	55,433	310,557	539	64,182	336,013	675,988	925,892	11,225,243
	Grand Total	344	43,529	45,594	130,776	1,076,556	2,550	233,588	1,171,008	2,093,587	3,365,180	19,717,511