Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1851-02-13

ton and sufficient correctness, by weigh.
ing! first counting several boxes and
weighing them, and opening, inspect.
ing and weighing all The silver submit
ted 10 our examination. All of the
other items in the statements above re.
ferred 10, were carefully examined by
count-when il could be done-by in.
speclion of the books of the bank, in
the absence Of other tests, and found
TO correspond with the statements fur
nished. The examination Of the jour,
mails of the board of directors, discover
ed nothing which it is thought impor.
tant to communicate.
The large amount Of coin on hand in
the bank at ST. Louis, TO be counted,
ant the extent and variety of her busi
ness transactions, submitted 10 the in
vestivation of the committee, made
their stay some what protracted.
We deem it proper to say that the
officers invited the sirictest examination
there, and al the different branches, and
were courteous and polite il extending
facilities for the prosecution Of our la
bors.
From statements furnished by the
bank at ST. Louis and branches, as to
its condition, it will be seen that the sus.
pended debt, in the aggregate, amounts
TO $l95,4O7 SO. The statements arc
exhibited without qualification or ex.
| planation, but in their ans wers TO inter
roga,ories propounded by the commit.
tee, they estimate that $64,049 So will
be total loss. The branch at Jackson
admits no loss, and furnishes no data
upon which the committee can prcd.
cate an opinion, 1t will also be observ.
ed, that in the statement furnished by
the bank at 81. Louis, the "$l2O,9Gl'
stolen, is placed among the assests OF
the bank, and this is justified in their
answer to interrogatories, "because it
is now in suit" This committee not
seeing the force of the reason, the only
one given, do not feel safe in estmat
ing it in any other way than as tota
loss. The bank, however in the ex
trac, from the report Of a semi-annuaI
committee of directors, adopted in their
answer to question No. 4, estimate it in
the same way.
Ii will be further remarked, that in
the above statement, Illinois certificates
to the amount Of 1882, 49s 33, are
classed among available funds; these
! funds; fl ON the same answer, it will be
seen, are only worth $7l,lsi 81. max,
ing the difference Of Slll,3l3 ~ be-
tween their value and their seeming val
ue in the statement. The committee
are impressed with the belief that there
is at least the sum of S20G.323 50, ap
penring in the statement of the banl
and branches as assesls, which is utter
~ worthless. By reference 10 the an
swers Of the bank of St. Louis, to inter
rogatories asked them by the Commit
tee, il will be seen that questions eigh'
teen and nineteen were not answered
We have been informed by the bank
that owing to the litigation now pend
ing upon the subject matter. by the ad
vice Of counsel, it was thought not pro
per to answer them. For more detail
ed Information. in regard to the state
and condition Of the parent bank at st
Louis and branches, We refer TO the ex
hibits appended as part Of our report
All Of which is respectfully submitted
B. A. JAMES,
of the Senate.
BENZ. TOMPKINS,
THOMAS 4. KING.
Of the House Of Representatives.