Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1896-12-11

tnelr Crca'lOn was pdssco up W OClO-
Der 81, 1896, was 5,osI, and of this num-
Der 3,67o were at the date last men
toned IN active operation, having au.
thorized capital stock of s65o,oI4,S95,
held by 788,9o2 shareholders and circu-
lating notes amounting to S2oI4I3 6zo.
The total outstanding circulating
notes of all national banks on the 3Ist
day of October. 1886, amounted to sa34,-
5S2,8o7 including unredeemed but fully
secured notes of banks insolvent and in
process of liquidation. The increase in
national bank circulation during the
year ending on that day was 5zI,o99,42s.
On October 6, 1896. when the condition
of national banks was last reported,
the total resources of the 3 57o active in
situations was S3.263.313.s3. which in
cluded $l,S93, 26S,s 3o.3r in loans and dis
counts and 3h7,I65733.S5 in money of
all kinds on hand. Of their liabilities,
SI,59o,o56 % was due to individual de-
positors and S2o9,644,o4o consisted of
outstanding circulating notes.
There were organized during the year
preceding the date last mentioned
twenty eight National banks, located
In fifteen states, of which twelve were
organized in the Eastern States, with
capital of 81, 1900 six in the West
ern States, with a capital of 1875, 900,
and ten of the Southern States, with
capital of SI,I9o,ooo. During the year,
however, thirty banks voluntarily
abandoned their franchises under the
National law, and in the case of twenty
seven others it was found necessary to
appoint receivers. Therefore, as COM
pared with the year preceding, there
was a decrease of thirty-six in the
number OF active banks. The number
of existing banks organized under State
laws is sos.
IMMIGRATION.
The number of immigrants arrived in
the United States during the fiscal year
was 345, 767, of whom 34o,46S were per-
mitted to land. and 77,oo were disbarred
on various grounds prescribed by law
and returned to the countries whence
they came at the expense of the steam
ship companies by which they were
brought in.
The increase in immigration over the
preceding year amounted to s4,I3I. II
is reported that with some exceptions
the immigrants of the past year were
of hardy laboring class, accustomed
and able TO earn a'suPport for them.
selves, and It is estimated that the
money brought with them amounted to
at least S. ,ooo,o 900, though it was proba-
bly, much in excess of that sum, since
only those having less than $50 are re.
quired to disclose he exact amount
and it is known that many brought con-
siderable sums of money to buy land
and build homes.
Including all the immigrants arriving
who were over Il years of age 1868 per
cent. were illiterate, as against 2o,37 per
| cent. of those of that age arriving dur
Ing the preceding fiscal year. The
number of immigrants over "A years
old, the countries from which they
came and the percentage of illiterates
among them were as follows: Italy 81
SIS, with 54.5o per cent; Ireland, 37,49o
with 7 per cent; Russia, 35,IsS, with Al
IA per cent; Austria Hungary and prov
inces, 57,os3 with So 90 per cent; Ger
many, zs,334. with ago per cent; Swe-
den, 1881, with I.I6 per cent. while from
Portugal there came 7.o67. of whom
1850 per cent wereFliterate. There
arrived from Japan duri'g the year only
100 immigrants, and It is the opinion of
the immigration authorities that the
apprehension heretofore existing to
some extent of large immigration
from Japan to the United States is with
out substantial foundation.
PACIFIC ROADS DEBT.
The secretary calls attention to the
ment of the obligations of the Pacific
railroads to the government. I deem 1t
to be an important duty to especially
urge this subject to the consideration of
the congress.
On January I, 1895. with the amount
already matured, more than $4,000, 900
of the principal of the subsidy bonds is
sued by the United States in aid of the
construction of the Union Pacific rail-
way, including its Kansas line, and more
than $4,000 co of like bonds issued in
aid OF the Central Pacific railroad, in