Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-11-23
EASTERN DISPATCHES.
SPECIAL tothe GOLD HILL NEWS
DOMESTIC INTELLIGENCE.

Report Of tho .Couirsiier Of Currency.
WASHINGTON, Nov. 23.-rhe report
Of the Controller Of Currency reviews
at length the working of the National
Banking system since its Inauguration.
OF tho whole amount OF the circulation
appropriated by Congress, $342, 600. 600
have been issued. The balance. $l2.'
900. 900, Is promised to associations
that have taken preliminary steps to-
ward organizing National Banks. The
Controller considers that part Of the
Act which calls for the redistribution
Of SIS. 900, 900 by Withdrawing that
amount from the Middle and Eastern
States and giving It to the South and
West, as impracticable. He recon-
mends Its repeal, and that an amend
ment be made In lieu thereof provid-
ing for the issue Of five millions of the
bank circulation annually tor the next
five years. to meet the wants OF such
States MS have had their full proper
tlon. He Is opposed TO any change oil
the law law In reference to the reserve
which the banks are required to hold,
and shows by statistical tables that the
law, which has become a rule with all
cautiously managed banks, should not
be hastily repealed suggesting, how
ever, that 1t would be to the interest
Of the banks to keep a larger proper
ton Of their reserve In their own
hands, instead Of placing 1t on depos-
1t with city banks, and points out the
way In which this may be accom-
plished to the general benefit. The
report contains much statistical infor-
nation In reference TO banks. 1t Is
stated that the ratio Of net earnings of
the National Banks of the country 10
the capital and surplus, without max
Ing allowance for bad debts, Is about
ten per cent. annually and the ratio
Of dividends to the capital aud surplus
is less than four and one-half per cent.
Locking up greenbacks In New York
city Is referred to. and attention called
to the resolution passed by the clearing
houses, and the belief is expressed
that Its enforcement will do more to
prevent such Legitimate transactions
among banks than any legislation by
Congress. The Importance Of frequent
examinations by competent and cour-
teous examiners is stated, and a small
appropriation is asked to defray the
expenses Of special examinations, In
order that such Investigations may be
as promptly made as may be consid-
cred expedicnt for the protection OF
creditors. Increased compensation for
gentlemen holding responsible POSI-
lions In Office is also urged.
Tho s,sck Market.
New YonY, Nov, 23-l1:l5 4. NJ
at the opening of the market today
the Northwestern sold at $l55 cash. de-
clining In two sales to $3.50 and $l45.
and finally rallying to $3.50, at which
figure 1t remains at present writing.
No failures are reported yet.
A Lost LouIsviIiisn.
Detectives yesterday failed in every
direction while searching for Perry.
the missing Louisvlllian. The World
says the opinion is that he has formed
an acquaintance and gone from New
York.
Railroad T%rsubies seiiisd.
It continues to gain ground that the
Atlantic and Great Western Railroad
Company troubles are over for the
present. |. D. Barton has been ap.
pointed General Superintendent; X.
E. O'Brien. Superintendent and Chief
Engineer; X. Topper, Auditor. Be-
sides Sweetzer there were also dis
missed C. w. WinSlow, Auditor, CT d
G. W. Bradley, Superintendent of the
Meadyllle District. No proceedings
will be instituted against Sweetzer for
bis alleged %defslcation.
VIM. NJ. Twred.
VIM. N. Tweed made his first APP
pearance In the Controllers oiHce yes
terday since Controller Connolly re-
signed. Ho called 10, examine the
vouchers to DO used against him In the
pending suits.
Political Runners.
CHICAGO, Nov. 23.-Washington dis
patches state that Mr., Maynard. OF
Tenn, Is an avowed candidate for the
S~peakership Of the next House.
A correspondent denies that Mr.
Blaine has written letters urging the
c~onvening Of the Forty-third Congress
Immediately upon the adjournment Of
Its predecessor. The denial Is said to
be by the authority of Mr.. Blaine.