242 VII. NATIONAL BANKS. TABLE EXHIBITING THE NUMBER OF BANKS, with the amount of capital, bonds deposited, and circulation in each State and Territóry, September 30, 1868. 179,500 36,000 63,500 56 1,629 $426,189,111.00 $342,019,950 $309,915,166 $299,806,565 NATIONAL BANK NOTES. The amount of National Bank Notes in circulation at various periods since June 1865, was as follows: June 10, 1865. $137,772,705 66 .177,487,220 June 10, 1866. .$278,905,675 46 289,915,929 66 194,182,630 .295,354,854 November 5, แ 207,212,930 .293,613,519 December 3, April 1, 1867. .298,856,734 January 7, 1866. .240,094,565 August 31, 299,043,841 .251,360,050 November 1, 66 December 7, .258,432,790 1, .264,247,170 October 1, 1868. .299,806,565 STATEMENT, showing the amount and rate of Taxation (United States and State), of the National Banking Associations, for the year ending December 31, 1867. Total.. 100,000.00 $422,804,666.00 $9,525,607.31 2 |$8,813,126.92 2.082 $18,338,734.234.332 LEGAL TENDER NOTES ISSUED, REDEEMED AND OUTSTANDING. The following statement exhibits the number and amount of Legal Tender Notes issued, redeemed, and outstanding October 5, 1868: Notes. Amount. 8,896,576 $8,896,576 Amount. 478.65 .0047 1,405.36 .014 1,884.01 .0187 Notes. Ones-Issued.. One Hundreds-Issued...267,350 Redeemed. 254.754 254,754 $8,641,822 $26,735,000 1,558,300 $25,176,700 Redeemed. Outstanding. 73,176 .2,904,984 Fices-Issued Redeemed. Outstanding.. Tens-Issued. Redeemed.. Outstanding.. Twenties-Issued. 146,352 .7,915,914 142,359 1,423,590 .7,773,555 $77,735,550 .2,219,322 $44,386,440 36,355 Redeemed.. Outstanding.. .2,182,967 727,100 $43,659,340 Total of all denominations out- Add for fragments of notes out- Total..... Redeemed. 1,759 879,500 2,410,660 $299,806,110 455 $299,806,565 States and State tax Rate per ct. of United ation on capital. TABLE of the state of the Lawful Money Reserve in the National Banks, in the States and Territories, for quarter ending on the first Monday in October, 1868. STATEMENT OF THE PUBLIC DEBT OF THE UNITED STATES, JAN. 1, 1869. DEBT BEARING COIN INTEREST. Five per cent. bonds... Six per cent. bonds of 1881.. Total...... DEBT BEARING CURRENCY Certificates at three per cent.. Navy pension fund at 3 per ct. Total... $221,589,300.00 283,677,400.00 1,602,568,650.00 $2,107,835,350.00 INTEREST. $55,865,000.00 $69,865,000.00 MATURED DEBT NOT PRESENTED FOR PAYM'T. Three years 7-30 notes due Aug. 15, 1867, and June and Treasury notes, March 3, 1863. Temporary loan.. Certificates of indebtedness.. Total.... 445,492.00 197,310.00 13,000.00 $7,463,403.64 July, 1868.. $2,174,900.00 Compound interest notes..... 8,878,290.00 Bonds, Texas indemnity. 256,000.00 Coin. Treasury notes, act of July 17, 1861, and prior thereto.. Total.. 148,561.64 Bonds April 15, 1842, Jan. 28, 1847, and March 31, 1818.... Amount of debt less cash in $467,360,808.63 $2,652,583,662.28 $98,763,368.91 13,063,092.12 $111,826,461.03 $2,540,707,201.25 FINANCES. 245 VIII. DEBTS OF THE SEVERAL STATES. TABLE showing the Debts of the several States before the war (1860-61), at its close (1865-66), and in the respective years 1867 and 1868. [Obtained chiefly from official sources, and prepared for this work by EDWARD YOUNG]. NOTE.-West Virginia and Nebraska have no debt; Kentucky, Iowa, and Minnesota virtually none. (a). Deducting the present market value of the resources of this State ($13,685,263), the debt is reduced to $13,868,672. (b). Deducting the balance in sinking funds, the debt is reduced to $38,864,449. (c). This State holds productive property and a sinking fund, aggregating over $9,500,000nearly sufficient to cover the amount of the State debt. (d). Deducting the amount of bonds loaned to Hannibal and St. Joseph Railroad Co. ($3,000,000), the aggregate debt is reduced to $17,557,000. (e). The resources of this State are more than sufficient to meet her obligations, and practically she has no debt. ). The treasurer reported the debt, July 1, 1867, at about $6,000,000, and the State assets over all liabilities, $5,751,965. *The debts of these States, as here given, were obtained from unofficial sources. NOTE.-A discrepancy sometimes occurs between the amount of debt as given elsewhere under each state, and the amount in the above table. The difference is due to the fact that these amounts were taken at different dates. TITLES AND ABSTRACTS OF THE PUBLIC LAWS OF THE UNITED STATES. PASSED AT THE SECOND SESSION OF THE FORTIETH CONGRESS. No. 1.-An Act granting a certain right of way to the Hudson River West Shore Railroad Company. December 14, 1867. No. 2. To provide for changing the names of persons in the District of Columbia. December 20, 1867. No. 3. To prevent frauds in the collection of the tax on distilled spirits. Provides, that from and after the passage of this act no distilled spirits shall be withdrawn or removed from any warehouse for the purpose of transportation, redistillation, rectification, change of package, exportation, or for any other purpose whatever, until the full tax on such spirits shall have been duly paid to the collector of the proper district. January 11, 1868. No. 4.-Provides, that all cotton grown in the United States after the year 1867, shall be exempt from internal tax; and cotton imported from foreign countries on and after Nov. 1, 1863, shall be exempt from duty. February 3, 1868. No. 5.-To suspend further reduction of the currency. Provides, that from and after the passage of this act, the authority of the Secretary of the Treasury to make any reduction of the currency, by retiring or canceling United States notes, shall be, and is hereby, suspended. (Not having been returned by the President to the house of Congress in which it originated, within the time prescribed by the Constitution of the United States, became a law without his approval.) No. 6. In relation to taxing shares in National Banks. February 10, 1868. No. 7.-Making appropriations to supply deficiencies in the appropriations for the execution of the reconstruction laws, and for the service of the quartermaster's department of the gov ernment, for the fiscal year ending June 30, 1868, and for other purposes; appropriates for reconstruction, $657,000; quartermaster, $12,000,000; small items, $10,000; legislative deficien cies (restricts each Senator and Representative to $125 per session for newspapers, except Congressional Globe), $167,648.44; judiciary, $4,355.77; education, $192; whole amount in this act. $12,837,196.21, and prohibits the transfer of appropriations. (Not having been returned by the President within the time prescribed, it became a law without his approval). No. 8.-To facilitate the collection of the direct tax in the State of Delaware. Feb. 21, 1868. No. 9.-Authorizing the Southern Minnesota Railroad Company to construct and maintain a bridge across the Mississippi river, and establish a post route. February 21, 1868. No. 10. In relation to additional bounty. Provides, that bounties be paid to heirs named, and to none other. February 21, 1868. No. 11. For the protection in certain cases of persons making disclosures as parties, or testifying as witnesses. February 25, 1868. No. 12.-Establishing and declaring the railroad and bridge of the New Orleans, Mobile, and Chattanooga Company, as hereafter constructed, a post road, and for other purposes. March 2, 1868. No. 13.-Extending the time for the completion of the Dubuque and Sioux City railroad to January 1, 1872. March 2, 1868. No. 14. In relation to islands in the Great Miami river. March 2, 1868. No. 15.-Authorizing the sale of an unoccupied military site at Waterford, Pennsylvania. March 4, 1868. No. 16.-Restores to market lands along the Pacific railroads and branches, provided that such sections shall be rated at two dollars and fifty cents per acre, and subject only to entry under those laws; and the Secretary of the Interior be, and is hereby, authorized and directed to restore to homestead settlement, pre-emption, or entry, according to existing laws, all the evennumbered sections of land belonging to the government, and now withdrawn from market, on both sides of the Pacific railroad and branches wherever said road and branches have been deflnitely located. March 6, 1868. No. 17. For the relief of settlers on the late Sioux Indian reservation in the State of Minnesota. March 6, 1868. No. 18.-In relation to the promulgation of the laws of the United States. March 9, 1868. No. 19. For the temporary relief of destitute people in the District of Columbia, appropriates $15,000. March 10, 1868. No. 20. To amend the reconstruction act passed March 23, 1867, and provides that hereafter any election authorized by said act shall be decided by a majority of the votes actually cast. (Not having been returned by the President, within the time prescribed, it became a law without his approval). |
