496 



MAIXK. 



banks, 18 trust companies, and 84 loan and build- 

 ing associations. Toe aggregate amount of assets 



j the*- i- 



ing an increase over the previous year of $1,982,- 

 359.74. The total assets of the national i 





doing business in th.- State were shown to be $:0.- 



1.12. thus making' the entire banking capital 

 of th,. State $lo7.|MUI7.::v fhm Bgoni show 



:he capital invited in the State banking in- 

 stitutions was nearly twice that of the IIHI 

 banks MI the State, The nun. 

 the saving? banks was 163. 11 ": amount ,.f .!; 

 average for each debitor. $a'- 

 average for eaeh inhabitant, $86.94. The amount 

 posits had increased from $1.466.457.5r, m 

 ISIOti |57<47ftM8 la 188ft I" i-.'; the number 



l-ositor* had increased over 1895 by 2,890. an. I 



uount of deposits by $1.100.751.98. The ag- 

 gregate of reserve ami undivided profits amounted 

 (98.02, being an increase of > 



the previous year. The amount of loans and 

 investments within the State held by the sa 

 banks was $20,104,585.84, showing a larger percent - 

 age cf the funds of these banks invested in the 

 State than ever before. The total earnings of the 



.> I Kinks fr the year were $2,461,861.67, being 

 but 41 jK-r cent, mi the average amount of dcjiosits. 

 From these earnings all dividends, taxes, and ex- 

 panses are paid. The amount of dividends j.aid 

 depositors was $2,000,927.82, an increase of $82.- 

 464.65 over tin- previous year. The amount of 

 savings-bank tax paid was $381,208. The trust 

 companies reported an increase of $50,500 in capital 

 stock. $55,665.90 in surplus and undivided profits, 

 $310.254.90 in depo- in loans and in- 



vestments, and $407.17:', in the total assets. The 

 aggregate of turn- deposits and certificates of de- 

 posit was $2.700.898.:.:. The total amount of divi- 

 dends paid to stockholders during the year was 

 $77.227.50. The total liabilities of the loan an 1 

 building associations was reported at $2.001. 1 ! 

 total resources, the same: nurnU-r of shareholders, 

 826: dividends paid, $K. 



Insurance. According to the report of the In- 

 surance Commissioner tin- amount of fire insurance 

 written in the State during 1896 was: Companies,. f 

 i and ooantHea, $110,278,815.44 ; Maine 

 mutual companies $5.7*4.2*6.50: special brokers 

 $807,07:.: total. *1K 



volume of fire insurance ever writ ten in the State, 

 and exceeds by more than $8,000,000 the busi- 

 ness of the preceding year. The premium 

 ceived bv the companies amounted to $!.' 

 and the losses paid to $883.247.09. Th- marine in- 

 surance written in Maine during 1890 amounted to 

 $18.772.758, of which $17 '-as written by 



domestic and $1,230,918 by foreign comp 

 This shows a loss of $136,300 compared with the 

 amount written during 1895. The marine premiums 

 on the business of 1896 amounted to $>;}. | ;_>.!}. 

 and the losses paid during the year to $2 



uxc* paid the State by insurance companies 

 on account of the business of 1896 were: Fire and 

 marine companies, $18.546.84 ; life < . $24.- 



740.52: miscellaneous companies, $1,376.16; total. 

 $44j600l5& 



Railroad*. The total mileage of steam railroads 

 intheStat, -in 1896 was 1.726-02 n Mil- 



having been constructed during th. rear, All ex- 

 cepting 148-92 miles of this mil- ; -idard 



gauge. The returns to June 80, 1896, show an in- 

 crease in earnings over 1*05 of $500,880.28, U-ing 

 $8.111.507.26, against $7.11 Th- total 



number of passengers carried was 5.706.rir,. against 



34 in 1895: total passenger train mile.. 

 theS num- 



ber of tons of freight carried 5,229,084, against 



fi.008.ftt4 in 1805; total freight-train mi 



2,98U 



000 persons rt from rar- 



employment, or nearly 1 in 25 of tin- population of 



the S' 



Industries.- The woolen industry wa- 

 in an ndition. Kight mills p n < 

 a falling off in product ii.n of nearh .and 

 12 mills a falling off in wages paid of 922,546 ami a 

 shortening of average miming time. The rotton 

 industry showed a healthier condition, f> mills. \\ it h 

 an ..input of $5,044. t'.M in 1*15. slmwing an in- 

 crease in product of about .~>J p. 

 lishn.' A hrre agricultural ini|>l< ; 



are manufactured il iaiiing <>IT of abi.ut 



I c.-nt. in the output, al-o a i|. -crease in time 

 run and number of pen-on s rinploy. .1. Mlrv-n >lioc 

 factories, with an output of $2,299,668 in 

 showed an im-rease of .*" a little 01 



percent.; an increase of three days in average run- 

 ning time \\as noted, and about 1 'per cent, in 



il)U r f'Tce; the rate of \\a-es showed II rhailg- 



small fraction of 1 per cent., increasing tin- wages 

 of men 1 percent, per week, and decrea-in^ that of 



women 4 cents a week. The output of;;bn<k. 

 which in I.*!l5 was $51.490, sh<-\\ed an incn 

 2^ per cent. I . _rc manufactories. \\ it h ;m 



output of $65,000 in 1895, showed an in 



nt. Chewing-gum otabli-hi nents showed an 

 ise of about 10 j>er cent., or a product valued 

 Viol;. In ciirar factories tin- dceri-a-.- in value 

 of product amounted to 8| per cent., or a fall: 1 

 from $61,500 in 1895 to $5!i.25(> in ISJMJ. ( I- thing 

 mam, :-ep.,rtcd I in prodi. 



about 10 per cent.; coiifecti -rii-s. i:{ per cent.; 



door. snsh. and blind factories, the product of which 



in 1895 was over $500,000, aln.ut :ij percent. In 



ii-h curing the falling off in the out put was nearly * 



stablishments reported a 



(lecrea-e in product of nearly !."> per cent., and in 

 working force over 12 per cent. Lumber mills, 

 with an out put in lsii5,,f $821,428, showed a falling 

 oil of over per cent, in product, and about the 

 same in working force. Machinery establishments 

 reported a decrease . nt. in value of prod- 



ucts. Pulp and paper mills, with an output in 

 1895 of $050,850, reported an increase in value of 

 product of 1! per cent., without any corresponding 

 increase in running time or working force. Sil\er- 

 plate manufactories which did a bu>ine of s7 1. :'."< 

 in 181*5. reported a falling off in product of about 1 1 

 factories doing a business of $11.- 

 760 in 1895. showed a decline of 8| per cent, in 

 product. The value of the output of the tan: 

 of the State was given at an avera^i- of about $70,- 

 000. The tanning and finishing of leather i 

 of Maine's important industries, and by tl.. 

 census was exceeded only by cotton goods, lumber. 

 boots and shoes, and woolen goods, in the 

 of the value of their product. All the various kinds 

 of leather are produced, but the manufacture of 

 sole leather is the most important. In one tanning 

 establishment 1,000,000 sheepskins are tanned an- 

 nually. 



I duration. The Superintendent of Common 



i for the school year end!- 



as follows: Whole number of persons- m tr.c State 

 -ii the jigcs- of four and twenty-oil 



whole number of different pnpfls attending school 



during the year. 1 :',!.! 1<>: ftTerageregistereO attend- 

 ance per term for the year. 1 i daily 

 attendance j.er term for the \ 

 length of M-hooU f ( r the year, twenty-seven I 

 and one day: number of schools 44*91; graded 

 >. 1.01M: ungraded : umber of 

 State; t.r.if): built during the 

 year, 12C, at a cost of $189,005 ; estimated value of 



