Early state banks in the United States

Early state banks in the United States

by Warren E. Weber

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"This paper describes a newly constructed data set of all U.S. state banks from 1782 to 1861. It contains the names and locations of all banks that went into business and an estimate of the time interval during which each operated. The compilation is based on reported balance sheets, listings in banknote reporters, and secondary sources. Based on these data, the paper presents a count of the number of banks in business daily by state. I argue that my series are superior to previously existing ones for reasons of consistency, accuracy, and timing. The paper contains examples to support this argument."

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