MONEY AND CREDIT
1219
The Bank of Russia acts in a double capacity— of State Bank and of commercial bank. It has 134 branches. The situation of the bank in 1911, was as follows (in 1,000 of roubles) :—
Assets : Cash and credit notes Portfolio
Advances, loans . Various
Total .
1,609,900
671,700
112,300
30,700
2,424,600
Liabilities : Capital and reserve Note circulation Deposits, &c. Treas. ace. current Various
Total .
55,000
1,353,600
237,300
724,200
54,500
2,424,600
The Savings Bank.s. — The number of banks and of depositors and the amount of deposits on January 1 (14) of three years were as follows : —
1910
1911
Number of savings banks
,, depositors Sums deposited .
7,051
6,939,700
1,282,900,000
7,335
7,449,000
1,398,100,000
1912
7,692
7,979,042
1,502,427,000
Mortgage Banks. —On Januaiy 1, 1912, there were in European Russia, Poland, and Caucasus, 53 mortgage banks : State Mortgage Bank for the nobility, a section of this bank, State Mortgage Bank tor the peasantry, and 50 private banks, out of which 10 are shareholders' banks and 40 town and land banks.
The number of properties mortgaged, their area and value, and the sums advanced, on January 1 of the last tive years by the State Mortgage Bank lor the nobility and its section. State Mortgage Bank for the peasantry, Land Bank of the Government of Kherson and 10 shareholders' banks are seen from the following : —
—
1907
1908 1909
1910
1911
Number of properties Acres mortgaged Value (in roubles) . Sums advanced (in roubles) .
144,078
142,116,744
3,635,996,387
2,047,870,225
156,473
142,568,692
3,705,744,790
2,090,090,542
174,931
147,269,635
3,917,701,973
2,217,353,732
303,188
151,366,454
4,361,199,952
2,617,200,936
The most important of the mortgage banks are :—
a. State Bank for mortgage loans to ilAe JioiiZi/!?/.— Number of properties mortgaged on January 1, 1911 : 26,560 ; acres mortgaged, 39,455,028 ; value (in roubles), 1,197,747,871 ; sums advanced, 689,350,800 roubles— Loans <Tanted : in 1906, 32,573,000 roubles ; in 1907, 26,164,000 roubles ; in 1908, 31,657,900 roubles ; in 1909, 49,701,600 roubles ; in 1910, 87,125,400 roubles.
b. Land Bank for the purchase of land by the peasants.—
190T
1908
1909
1910
Acres bought with the aid of the bank
Value in roubles
Sums lent by the bank ....
Acres bought by tlie bank
Value in roubles
2,518,430 120,59f^,984 107,831,578
6,802,881 159,142,534
2,751,052 134,007,578 116,283,714
1,544,460 54,804,441
3,312,664
172,455,504
144,497,534
466,660
19,554,708
4,183,810
204,826,402 •
162,558,320^
464,620
18,722,362
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