Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-12-19

submit them TO this board, of its next session."
A report OF those answers having been submit
ted as directed and approvedby the board.
The following answers 10 the questions pro-
pounded, are respectfully submitted
Answer 10 Isl. question.
Reference is respectfully made to exhibit A.
Where an officer Of this bank was employed,
his salary was paid him for the time he was alb.
sent on business Of the bank.
Answer to I'd question.
In addition to the President, whose salary is
$1,000 per annum, the following officers are EN-.
ployed, at annual salaries, 10. wit: Cashier So 900,
first Teller 400, Specie. (or seeond) Teller,
s. $780, General Ledger Book Keeper 1900,
Individual Book Keeper $3.50, Discount Clerk
81 ,250, Bank Attorney $1,000, Porter 5000,
Waterman $40.
Answers to Bird question.
The bank has paid out for specie and for spe.
Gle funds since the 1st Nov. 1888, the sum Of
S33O725 09 towit: specie, &C.. purchased be-
fore 18th Nov. 1899, amount S1S6.S61 "a, and
on and after that date the sum Of 1921 ,50T rs
The depreciation of funds invested in specie, was
S22, $50 80, which latter amount, together with
the amounts Of specie given, make the sun first
stated The purchase was made with paper Of
suspended banks, remaining in the bank, Of de-
posites made previous to the suspension OF specie
payments by the banks, and between that period
and The 18th November 1889, and with drafts on
Philadel phia, on institutions debtor 10 this, they
having also suspended The purchases were made
principally through the officers and directors Of the
bank, except the employment OF Harvey St. John,
who was paid Of per cent. for such portion as
lie purchased. When the negotiations were made
for the purchase Of specie, they were generally
! forthwith consummated at the cumbersome
slight deviations may have been made from this
course, but too small 10 be worth notice, and in
| fact not now recollectcd
Answer to 4ih question.
| The bank has lost nothing on the value OF gold,
| il being taken at the value affixed to il by Con.
gress United. States, and when paid out by the
bank it has never been done at a less rate.
Answer to 5th question.
The amount OF Government draughts bought by
the bank was Sal, 143 25 and is comprised
in the specie and in the specie funds, stated in
swer to 3rd question.
Answer to 9Th question.
The amount paid for transportation Of specie
to meet Government transfer drafts since LIST No
vember 1888, is 8l6,758 "a, this includes insu-
rance and all expenses.
Answer to 7thqueston
No sncce has been sent east for sale, except
about 5000 dollars Of mixed silver coins. The
bank made an arrangement in the month Of Sept
1889, for two hundred thousand dollars to be for
warded to the Bank Of the United States OF Penn
syvania, 10 be drawn against by this Bank, at her
pleasure, the bank in Philadelphia to pay the ex-
penses Of transportation. Vixen shipments of
gold have been made, part have been disposed
Of at small premium.
Answer 10 9Th question,
The bank has sold 10 bonds OF the State since
LIST November, 1898. The bank has effected
loan Of five hundred thousand dollars, upon which
she hypothetical one million OF dollars of State
bonds terms time, &c, will fully appear, re-
ference being had TO the copies Of contracts with
Mcssrs Nevins, Townsend & Co., Elisha Riggs,
and Brown, Brothers q Co., furnished herewith
marked B c y, the rate Of interest per annum on
this loan is ten per cent, the 1o'iole amount of
bonds sold, fully appears by reference to the state.
ment already furnished the committee and which
it is requested may be marked E, contract has
been made for sale OF bonds in Europe, see ex
hibit marked F which is copy Of same.
Answer 10 9th and 10Th questions
The aggregate quarterly amount of Discounts
and Bills Of Exchange bought will be fully seen
by reference to exhibit marked G.
Answer to llth question.
The amount to individual dcposites on 1st Jan.
1889 was S549, 1925 az. LIST January, 1910.
was 316 rs SO, and theam on Goth October
l84O 1877 600 45. The amount of specie on de-
posite By individuals on the 18th Nov. 1889, was
as nearly as can be asccrained about 2 Is 572 IA,
consisting Of specie deposited; and the notes Of
this bank. The amount considered currency 10
the credit Of individuals, at that date, was 4l8..
195 66, being notes OF suspended banks, which
had been paid into Bank previous to that date
The amounts 10 the credit Of individuals, on and
after the 18th November 1889, were considered
specie, and the difference between specie and sus
pended bank paper, was depreciation OF the lat
ter about a.
Answer 10 the 12th question.
The items constituting suspended debt, are
notes discounted, and bills bought, by the bank
and which have been placed in suit. Those items
are not charged to suspended debt until they are
placed in the hands Of the Bank Attorney for col
lection by suit, the amount on hand protested
not charged and not renewed is l 6i5.
Answer to the 18Th question.
The debts due by other banks, are composed
Of collections made by them for this, and proceeds
Of Bills Of Exchange, bought by this bank, and
maturod at the points where the debtor banks are
located, and also for specie forwarded for credit
Of this institution. Included is the item OF gold
referred TO, and was part Of the funds remilled,
to pay transfer drafts Of the government of the
United States drawn against this, as deposite
Bank.
Answer to the 14lh question
The amount Of money borrowed by this bank
since lst November 1888, Except as stated in
the answer to the 9Th interroga,ory) was about
$1,000 dollars in 1899, viz: Of the bank U. S.
Of Donrauyario D2O OOO u I'd Of h,,,l, 1c A,,....