Assets

When President Charles Edwin Mitchell of the National City Bank stated a month ago that his was the largest banking institution in the U. S., President Haley Fiske of the Metropolitan Life Insurance Co., pushed no buttons, hailed no secretaries to give President Mitchell the lie, for President Mitchell was nicely accurate. His is the largest banking institution in the U. S.--assets $1,394,389,890. But it is not the largest financial institution, President Fiske knew. But he would not spoil President Mitchell's day of publicity. He would wait until the annual meeting of the Metropolitan Life Insurance Co., and then he would tell the facts.

So he spoke last week. His company is not only the largest financial institution in the U. S. With assets of $2,108,004,000 it heads the world, thus:

Metropolitan Life $2,108,004,000

Midland Bank (Eng.) 2,054,955,000

Lloyds Bank (Eng.) 1,917,565,000

Barclays Bank (Eng.) 1,723,005,000

Westminster Bank (Eng.).... 1,516,700,000

National City Bank 1,394,389,890

Nat. Prov. Bank (Eng.) 1,388,850,000

Chase National 968,967,312

American Ex.-Irving Trust.... 740,553,716

Guarantee Trust 739,834,965

Nat. Bank of Commerce 717,114,643