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Money Statistics of New England, 1785–1837
Published online by Cambridge University Press: 03 March 2009
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
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- Copyright
- Copyright © The Economic History Association 1984
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
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