Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1866-05-03
Financial Etezas.

The Treasury Department intimates that
the national increase Of revenue for the
present year will reach 100000
The net earnings of the Oil Creek rail
road, in Pennsylvani in 49, sas SAL
o94 20,-54 per cent on the capital stock,
The American Screw Company at Provi-
dence, I, with capital Of Sl,00o,00o, is
reported to have divided 100000 among
its stockholders il 1854, and Sl,2GQ,000 in
1865.
Chief Justice Walker, of the Supreme
Court. Of this State, has decided that shares
Of national banks shall be taxed. The rev
enue from this source will amount to nearly
100000 per year. sd
On Monday last the Government COM
menced the manufacture Of envelopes and
paper from cancelled bonds, currency, &C.,
which were formerly burned. About nine
thousand dollars yearly will be saved to the
treasury.
The Secretary Of the Treasury, believing
that the time has come when the Govern
ment should 30 longer be in 8 position Of q
bowerer of money, his ordered the Assist
ant United States Treasurer to discontinue
the reoe ption Of deposits fer temporary
loans.
No new national banks were chartered
last week. The total number Of these in
stitutions now doing business throughout
the country is 1850. The total amount Of
heir notes in circulation.is sos, 028, $40.
Treasurer Spinner had in his cash vaults
on Saturday noon, legal tender notes, frac-
tional currency, gold, silver, and ether cash,
amounting to $95, 918,47I
There are one hundred and thirty millions
| Of available funds in the National Treasury.
The amount Of bonds held by the Treasurer
as security Of National Banks, iss.fhree
hundred and fifty six millions. The total
amount Of National Bank circulation IS two
hundred and sixty eight millions. It is ex-
pectcd that the next monthly statement will
show reduction of six millions in the ma
| tional debt
The Secretary of the Treasury is consid-
eriug the proposition OF putting per
cent. long loan on the market, as means
Of retiring our rapidly maturing obliga-
tons. Such have been the successful ar
rangement of our finances, and the faith of
the American people in the national securi-
4 ties, that such loan is deemed warranted,
and is thought TO promise success, by many
of the best fnanciers in Congress.
O. In reply TO question from the Secretary
Of the Treasury, the Chairman Of the Rev.
erue Commission states that the equaliza-
ton Of soldiers b3unties would add $780,
600 900 to the public debt. the annual in
terest on which would be equal to SIS 900,
COO, sum which can only be raised by
taxing the common neeegsaries Of life, such
as cotton, hardware, earthenware. harness,
and the like, and his opinion is decidedly
unfavorable to the proposition.
The United States Treasurer, day or
two since, received from Bowling Green,
Ky, two packages of money, amounting to
| Sl99, which had become infected by small
pox. The money belonged to eight soldiers
in The smallpox hospital st Bowling Green,
and was forwarded by thesurgeon in charge
Of the hospital, to be destroyed The treas
urer personally inspected the opening Of the
boxes and the burning Of the notes. An
equivalent amount has been sent to the sol
diers.