Texas Almanac and State Industrial Guide 1914 Page: 37
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INSURANCE IN TEXAS. 37
Bonded Indebtedness--Continued.
Interest
Cit or Town- debt. uig fund.
Bonded fand sink-
Snyder .. ............ 44,40.00 $ 6,010.15
Stamford .................. 56,000.00 10,62.76
Stephenville 43,000.00 3,836.51
Sweetwater ................ 95,000.00 17,264.46
Uvalde ................... 6,000.0o 3,197.81
Van Alstyne .............. 27,375.00 2,145.16
Vernon ................... 59,9600 9,497.89
Victoria ................... 52,5000 20,231.12
Taylor ................. .114,400.00 20,408.30
Temple ...................55,500.00 52,235.72
Texarkana ................306,000.00 45,902.60
Thornton ....................... .........
Troup...
Tyler ....................238,000.00 29,764.19
Waco.. ... .. 2,454,500.00 483,284.
Walnut Springs .......... ..............
Waxahachie .............. 156,200.D 4,493.11
Weatherford ..............86,999.95 17,121.84
West.. 18,000.00 1,379.39
Whitesboro ............... 24,000.00 5,149.41
Whitewright .............. 28,500 00 4,576.58
Wills Point ...............1,950.00 1,405.46
Winnaboro ................33,000.00 2,679,93
Wortham ................ 8,000.00 953.40
Yoskum .82,50).00 7,522.90
The above list includes all cities and towns
reported to the State Controller for the year
1913 up to Nov. 20.
RAPID GROVWVTH 'OF
INSURANCE IN TEXAS
The business of insurance, ac-
cording to statistics issued by the
Department of Banking and Insur-
ance of Texas is furnishing the op-
portunities for investment of many
millions of dollars and providing
employment .for many men. Not-
withstanding legislation alleged to
be detrimental to other than home
companies, there are many insur-
ance companies from other States
and foreign countries licensed to
transact business in Texas. In
1913 there were:
Number.
Texas insurance companies and asso-
ciations ....:.................... 116
With headquarters in other States... 217
Foreign companies................... 51
Total................ 3S4
(Note-Includes all forms of insurance.)
TEXAS INSURANCE.
No.
com- Capital
Class- panies. stock. Surplus.
Fire insurance ....... 6 $1,180,948 $ 344.005
Life, health, accident 23 4,584,675 2,480,284
Miscellaneous ....... 8 1,197,335 335,336
Total ........... 37 $6,962,958 $3,159,625
Number.
County mutual fire.................... 25
Mutual fire, hail, storm lightning... O1
Local mutual aid associations......... 16
Fraternal beneficiary, associations... 29
Total ................. ....... 116
All Other Insurance.
Number
Class- Companies.
Mutual fire, hail, storm, etc., other
States .. ........................ 2
Fire and marine, other States....... 7
Fire and' marine, foreign............ 51
Miscellaneous, other States.......... 48
Life, health, accident, other States... 34
Assessment ........................All Other Insurance-Continued.
Number
Class-- Companies.
Fraternal, etc....................... 46
Reciprocal............................ 6
Total.......................... L68
Total insurance companies, associa-
tions of all kinds licensed to trans-
act business in Texas............. 384
STATE AND NATIONAL
BANK STATISTICS
Late reports from the Texas De-
partment of Insurance and Bank-
ing and the Controller of Currency,
Washington, D. C., show Texas
has 736 State banks and 73 bank
and trust companies, making a to-
tal of 809 State institutions, and
486 National banks. The combined
capital of all banks in the State,
exclusive of private institutions, is
$65,550,500 and combined resources
$355,539,993.
National Banks.
Individual
No. Capital. Deposits. Resources.
486 $33,680,000 $129,992,525. $231,993,701
State Banks.
(Aug. 9.)
736. $18,190,500 $ 45,959,123 $ 85,370,878
Bank and Trust Companies.
(Aug. 9.)
73 $13,680,000 $19,520,158 $ 48,175,414
1,295 $65,550,500 $195,471,806 $365,539,993
WORLD'S GREATEST BANK.
The United States Treasury han-
dled in actual cash during the fisA
cal year ended June 30, 1913, the
sum of $7,071,520,000, breaking all
previous records and stamping the
Treasury as the greatest banking
institution in the world.
Reflecting the tremendous growth
of the Government business this
high record, including income, out-
go and operations, within the
Treasury, exceeded the cash trans-
actions of the previous year by
$469,769,000, and those of three
years ago by $1,478,826,000. - The
figures show that Treasury offi-
cials during the year handled in
cash nearly twice the amount of
the total stock of money in the
United States, which is estimated
at $3,720,000,000.
Including bonds, checks and war-
rants the Treasury handled over
$10,000,000,000 during the year.
This vast aggregation of wealth,
which does not include the trans-
actions of the subtreasuries, was
handled without the loss of a cent
to the Government.
The receiving teller of the Gov-
ernment took in over the counter
over $75,353.000 during the year;
the paying teller cashed $118,177,-
000 in checks and warrants; the
shipping teller sent $884,518.000 to
various parts of the country, 'and
the "change teller" made "small
chahge" for more than $50,000,000.
The Government received for re-
demption during the year $606,666,-
000 in timeworn United States cur-
rency and $675,889,000 in National
bank notes.
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Texas Almanac and State Industrial Guide 1914, book, January 1914; (https://texashistory.unt.edu/ark:/67531/metapth117157/m1/55/: accessed April 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.