WASHINGTON -- Spurred by the demise of failed thrifts, equity capital at the nation's 2,220 savings institutions jumped 59% in the first 10 months of 1991, the Office of Thrift Supervision said.

The $18 billion increase - to $48.7 billion at the end of October - came about because the number of thrifts in government hands with negative capital is shrinking. The equity capital of thrifts in conservatorship fell to minus $4.4 billion from minus $19.7 billion at the end of last year and peak of $20.7 billion last February.

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