New-York tribune., 1879-04-09
GOVERNMENT DEPOSITS.
A REPORT 10 THE SENATE or THE AVERAGE
A,,oryr OF G0vERYMENT MONEY ON DEPOSIT
II AHE BANKS.
IGryrRAL PRESS DISPATCH

-
II lHE BANKS.
GENERAL PRESS DTsPATcH.i
WAsUINGTON, April S.-The Senate received
f-o fine secretary Of The Treasury to-day response 20
senat II Saul sburys resolution calling for information
concerning the amount OF public moneys posted with
National banks since March H. 1877. Secretary sher-
man transmits voluminous statement rared by the
Treasurer d tue Uned States setting forth the amount
held by each Of the National hank depostaries on The
os day Of each month the date above mentioned.
In ms letter OF transmital the Secretary takes occasion
70 say:
The authority granted by the fortyth section OF tho
Act Jane 3, 1864 TO constitute ha"h4 Banks puDlc
Repositories, largely used with great convenience
n NJ nuhc moGeys were very ne w the number OF
har V.d for TINS purpose rea5hing $50. A. receipts
and disbursements grew less the nnGDer OF depository
of srch banks but l3l, reduction OF twenty
one since March, 1o77., having been made.
nnoiiy OF internal revenue collections occurred
by pledge OF United States bonds held by the Treas
ne "a fbs convenience of the puzzle service may re-
Gnire II the moneys not required for payment IN the
vicinity OF bank they are transferred Dy the bSnh 10
some ,ubreasuIy where tney needed, without ex-
pense to the United states. I am not aware OF any
trfore siated-thati, that under the law The moneys
held must be properly secured, and under The instruc
tons OF the Department nisl DC held at al h's suD
irct 10 call aud all duties imposed In connection theio-
with be transacted without expense 10 the GoVerhHen
The Treasury statement shows that the largest o.l
anr,s during Ee past twelve months have been held as
follows;
New York City-Centfal National Bank average ABOUT
sI4O 600; National Bank OF Commerce, from 4l2OOUO
to .30l 600; National Park BGnt, nom $4,000 10
SlC3 900 second National Bank from $4,000 10 s77
900 Fourth National Bank, from $1,000 10 S1.OOC
during the year 1877; nothing since February, 1879
Albany-MeIc A chants National Bank, $4,000 to $lOl,
GBnffao-Farmors and Merchants National, 100000
Brookiya-Nassau National Bauk, $4,000 TO SlOl,
Springfield, Mass.-Third National, $4,000 to $685.,
Portland Me.-Merchants' National, s55 600 to $751;,
600. 49, 80 . ,,,, aoo
PntIadcl phia-f1rst National, $4,000 10 Slzo'o"Oi
Centennial $4,000 To $4,000 Fransiin-Neuauco
SaIounl. from Murcn, 1873, 10 March 1879 e2l61el.
PiusUurg-Tradesm esmeu's National, Sll2'OOo 10 SZo3
900. o .ool o,. .
Cmcinnati-First Eotonal, 100000 10 s320.O0O;
Third National $500 900 TO S3Z50OO Fourth National
sl35 600 10 $4,000 - .,,, -
Cleyeland-Alerc ants National $4,000 to $226OVU
Cnicago-Fiftli National, q53OOO 10 SO5OpO -
Pcorla-Sccoud National, $4,000 10 Sls4,OOO. Me
chaulcs' National, average, Sss.OOO 800 90. -. .
spingHeid-F Fret National $4,000 tOSlO9'OOo state
Nniionai sG4 900 10 $4,000. o
IOusylIc-Frat National, Sl5s,oOO 10 Slr2,OoOi !
Kentucky National. $3.50 900 10 t2oS.OnO
Easliyille-First National, Slllo0 20 fl52op0
Menphs-FiIst National, s72OOO 10 Sll4OOo
I.tr6,t- Second National. S329 900 10 1881, 900.
Miiwaukee-First National, Sl77OOU to Sls0'OOO Ma
tionaI Exchange S13l 900 to S2c4.OO0
81 Paul. ret NaiiounI So, 600 To SIO3OOO; second
National, $3.50 10 SZs6,OOO ,. .oo
O1,aha-Fimt National, Si41 900 20 f1S1. 900
Omaha 90 Omaha National, rl260OO To S235 UV
81 LOuIs-St Louis National, rl15,OOO 10 S2OI,VOo
Helena--FIrst National, 5S2ftO0 ~ Sl04.0D
6anta Ie-First National, 81 Il 600 10 Tlol,OoO
POftland-Eirst National. s203.OOO q etG3.OO0
Baltimore-First National s92.OOO " riIo'oOo'