The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1883-11-29
WASHINGTON,
News Gathered About the Capital
City.

News Gathered About the Capital
City.
WASHINGTON, Nov. 23--The French
and American claims commissioners
have made the following awards
against the United States: ChaS. A.
Gauthier, st. Martinsville, La, $3.50;
Eugene Duchangs, st. Martinville.
La, $2735; Arthur Robelet, Mobile,
S1S23; Widow Veal. st. Charles, $1,000;
Mrs. Yoes LeBourhis, New Orleans,
$500; T. and E. Briers, New Orleans,
$500; Charles Rock, st. James, $500;
George E. Leduc, New Orleans, $500.
The following cases were disallowed:
p. A. Gramarcia, YaZoo City, n. j.;
Marechal Cassandria, Irma Dupont,
st. James; Joseph Ferry, Marksville;
Bernard LaPlane, New Iberia; z. &.
Gilbert, New Orleans.
AT the Proteus investigation to-day
Sergent Kennedy testified that the
crew of the Proteus was good for
nothing, as sailors or anything else.
He believed they intended to steal
Garlington's boat, He had been eau
toned to "look out for himself"
The relations between France
and China and the effect of hostilities
would have upon the interests of
United States subjects, was the con-
sideration of the cabinet meeting to-
day.
Robert Murray has been appointed
surgeon general in the army. Presi-
dentArthur and Secretaries Folger and
Lincoln will attend evacuation day,
ceremonies at New York.
The second chapter of Comptroller
KnoX's report shows 262 national
banks organized during the year end
ing November 1, the largest number
organized any year since 1865; of these
165 were in the Western states, 60 in
the Middle states, 46 in the Southern
states, IL in the Pacific states, 26 in
the territories and only in the East
ern states. The number of national
banks in operation November were
1922, the largest number in operation
at any one time. The resources of
2501 of the national banks October 2,
1883, was 81, 1872, 100000. Since the last
report Illinois has advanced from the
sixth to the fifth place in national
bank capital; Kentucky displaced
New Jersey, and Minnesota is now
the fourteenth, taking the place of
Vermont and displacing Iowa
and New Hampshire; Virginia
is superseded by Wisconsin,
Texas and California. In the next
two years the charters of nine hun
dred and seXenty-SiX banks expire,
having in capital of S275, 548, 900 and
circulation of $185 1885,, 900. The aver
age rate of interest now paid by the
national bank on bonds deposited as
security for circulation notes is about
81 per cent on the par value but equal
3.19 per cent only on current market
value. More than half the bonds of
the national banks are per cents and
all will likely be called within the
next three years. Those OF lower
nuubers which it is safe to estimate
will not be called the next two years
cannot be purchased for a premium
much less than per cent, and at that
price there will be loss upon
the circulation if based on this class
of bonds, if redeemed within three
yesEctal amount of bonds held
held by Ine national, state and savings
banks, November 1921 ,229,209, OF
nearly half the intert bearing debt
of the country. The comptroller says !:
the section of the revised statutes
which places restrictions upon loans,
should be so amended as to exclude
from the limitation mentioned legiti-
mate loans upon produce or ware
house receipts and other classes of
collateral security as well as
loans upon United States bonds.