THE GOOD WORK OF THE BANK 49 
bank was $813. Though the bank was established 
solely for Negroes there were some white de- 
positors. In Charleston nearly 300 of the 2790 
depositors were white; at Beaufort there was no 
other bank, and the whites were permitted to 
make use of the Negro bank; in New York, 
where there were 4000 depositors, the 1000 
whites were mostly foreigners. 
The following statistics’ will serve to illustrate 
the workings of the bank: 
STATEMENT OF TWO ALABAMA BANKS TO MARCH 
31, 1870 
Huntsville Mobile 
Branch Branch 
Total deposits to March 31, 1870......... [589,445.10 $539,534.33 
Total number of depositors. ............... 500 3,260 
Average amount deposited by each......... 170.89 165.60 
Drawn out to March 31, 1870.............. 70,586.60 474,583.60 
Balance on March 31, 1870................ 18,858.50 64,750.83 
Average balance due each depositor. ........ 47.11 39.82 
Spent for land (known). ............. .....0 1,900.00 50,000.00 
or seeds, teams, agr, implements. ......... 5,000.00 15,000.00 
For dwelling houses. . .................... 800.00 re 
For education, books, ete.................. 1,200.00 es 
STATEMENT OF THREE BANKS FOR THE MONTH OF 
avcust, 1872 
Huntsville Mobile Montgomery 
Deposits for the month...5 7,343.50 $ 11,136.05 $ 8,522.90 
Drafts for the month..... 10,127.61 18,645.62 8,679.60 
Total deposits........... 416,617.72 1,039,097.05 238,106.80 
Total drafts............. 364,382.51 933,424.30 213,861.71 
Total due depositors. .... 52,235.21 105,672.75 24,244.37 
The business of the New York City branch to 
April, 1874, was as follows: Deposits, $3,559,- 
298.02; drafts, $3,236,981.76. 
The following table, compiled from the various 
2 Fleming, Civil War and Reconstruction in Alabama, p. 454. 
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