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Money Statistics of New England, 1785–1837

Published online by Cambridge University Press:  03 March 2009

J. Van Fenstermaker ,
John E. Filer  and
Robert Stanley Herren
J. Van Fenstermaker
Affiliation:
Professors of Economics at the University of Mississippi, University, Mississippi 38677.
John E. Filer
Affiliation:
Professors of Economics at the University of Mississippi, University, Mississippi 38677.
Robert Stanley Herren
Affiliation:
Professors of Economics at the University of Mississippi, University, Mississippi 38677.
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Abstract

This paper brings together the existing commercial bank balance sheets for New England for the period 1785–1837. Approximately 79 percent of all balance sheets issued have been found, and data from these are presented in aggregated form. Data compiled from available statements were then used to estimate the balance sheets of missing banks and the missing items on individual balance sheets. The variables used in estimating included authorized capital stock, a time trend, age of bank, city population, paid-in capital, deposits, loans and discounts, bank notes in circulation, and reserves. The actual and estimated balance sheets are then combined and presented.

Type
Papers Presented at the Forty-Third Annual Meeting of the Economic History Association
Information
The Journal of Economic History , Volume 44 , Issue 2 , June 1984 , pp. 441 - 453
Copyright
Copyright © The Economic History Association 1984

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References

1 For a detailed discussion of this method, see Beal, E. M. L. and Little, R. J. A., “Missing Values in Multivariate Analysis,” Journal of the Royal Statistical Society, 37, Series B (1975), 129, 145.Google Scholar