Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-12-01
IN NORTH CAROLINA
QUARTERLY STATEMENT OF THE
CONDITION OF THE BANKS.


RALEIGH, n. c.. November 3o.-(spc-
cial) THE quarterly statement Of tho
condition Of the banks in North Carolina
was issued by the state Treasurer to-
day. There are Is national. - state. 10
private, and 6 savings. Total, 80 banks
Loans and discounts aggregate N215i,e56;
of United States bonds E6S00) arc held,
and OF state bonds $8i,0)o; of gold coin.
S5n PSI; Of silver coin. SliG723; an other
currency, ssJ2,iSS Tho capital stock paid
In aggregates S5FC,97O; surplus fund.
Sl15IM4: undivided profits Nf6Sn: indi-
vldual deposits. 2922s956. The total re-
sources are a995S73. Money on deposit
has increased nearly $1,000 IN three
months.
The Treasurer gives out the following
statements as 10 the States debt The
interest-bearing, bonded debt Of tho
state stands az present MS follows:
Four per cent. consolidated bonds, @'jtoi90,
per cent. North Carolina railroad con-
struction bonds. S2.720OoO. Total, $685.
100
The interest Is payable on the per
cent bonds in January and july and on
the per cent bonds in April and Octo-
Der
The interest on the 4 per cent bonds
IS paid out Of taxes levied for the pup
pose while the interest on the per cent.
bonds is provided for out of the dividends
coming from the States stock in the
North Carolina Railroad Company.
The annual interest r. as follows: on
4 per cent bonds, $l3442S on FER cent.
bonds. $l632O. Total annual interest
S1a7623
The annual income to the State from
It's stock IN the North Carolina Railroad
Company has been, under the old lease.
$4,000; IS TO be for six years under
new lease. $4,000. IS TO be for ninety
four years. under new lease, $4,000.
Under the act 70 "ComprOmise. Com
munte. and Settle the State Debt" $780,,
100 new bonds have been issued in ex-
change for tho old valid debt To COM
plete the work begun I'm this line viii re
qulre S25O70. % carry the new debt
10 its utmost possible limit. SGij,1i0 The
time in which this may be- done expires
January J. 1897.
INVESTMENTS.
Tho State holds, as an Investment. 5000
shares Of stock IN the North Carolina
Railroad Company. 1866 shares Of stock
in the Atlantic and North Carolina Rail
road Company. and N36.750 of the new
per cent consolidated bonds.
The State Board of Educati0n holds, as
an investment, $l4325) of the per cent.
and 1900 of the per cent. bonds.
NEXT LEGISLATURE.
The following statement Of the political
status of the next Legislature is asserted
TO be correct: Republicans. 6j; P0puiists
%; Democrats 20. There are eight negro
members.
~ Populists here are advising people who
want TO bet to put up money on Senator
Pritchard's defeat. Populist State Chair
man Aver had a letter from a Republl-
can member OF the Legislature saying
he proposed 70 vote for a Popullst for
senator Aver insists that there will be
plenty Of silver men in the Legislature 10
elect a silver man.
The term OF the Federal Court begins
here next Monday. There are many
cases Of counterfelting on the docket
The State superintendent Of Public IN
struction to-day sent 500 Of the Peabody
fund 70 the Normal and Industrial School
al Greensboro.
Senator Butler VIII be here Tomorrow
and Will perhaps remain a day.
DISBANDED.
The Franklin Rifles. company or
Bdhizel at EOulsblfB several years, are
now disbanded.
The cold weather. which made lts ap-
pearance yesterday, Is hailed with salts
faction. and so is the rain. Both are
beneficial 20 the small grain crops.
The interview with Governor-elect Rus
sell was read here with great interest
His declaration Of his purpose 10 secure
the annulment Of the lease OF the North
Carolina railway 10 the Southern rail-
way was not unexpected. but his sug-
gestion that If a good price was offered
IL might be well 10 sell the States stock
in the Atlantic end North Carolina rail-
way was rather a surprise His plain
talk against oliver H' Dockery will
widen the breach between these veteran
Republicans. His declaration that he rs
not a gold man follows one he made
during the campaign. His hope that
Pritchard will be reelected senator was
10 be expected. as they are devoted
friends.