The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-12-01
BIG BANK DEPOSITS
Total In North Carolina Has Increased Half
Million In Three Months.
STATEMENT OF TREASURER WORTH


ieturc-Thc Stntc Electoral College
Meets TN RnIcigh To.dny Inter
view with Goycrnor.EIcct Russell.
Raleigh. n c.. Nov. 30.-(Special)-
The quarterly statement of the cond-
ton of The banks in North Carolina was
issued by the State Treasurer to-day.
There are twenty-eight national 40
State, 10 private. and q savings-tO,al %
banks. Loans and discount. aggregate
Sl2,75l,056. OF United States bonds,
S96S,000 are held. and of State bonds
$4,000; of gold coin. $5il ,2S3; of silver
coin, $l4G.123; all other currency. $751;
ASS. The capital stock paid in agGre-
gates S5.436,970; surplus fund. Sl,l5I.-
OH: undivided profits, s5GGS7l; ind!vdu-
al deposits. s9.32S $50. The total resources
are $l?,35S,7G Money On deposit has in
creased nearly $4,000 in three months.
THE STATE DEBT.
The treasurer gives out the following
statement as 10 The States debt:
The iatei4s; bearing bonded debt of
the State stands. at present. as fol-
lows:
per cent Consolidated bonds $1,000 700
per cent. North Carolina rail-
road construction bonds 49,. 2,720.0OO
Total .... .... ..... Sc oS0, 200
The interest Is payable on the 4 per
cent bonds in January and July. and on
the per cent bonds in April and Oc-
tober.
The interest OH the per cent. bonds
Is paid out of taxes levied for the pur-
pose, while the interest on the 6 per
cent. bonds /; provided for GU. Of the
dividends coming from The States stock
In the North Carolina railroad COM
pany.
The annual interest is as follows:
On per cent bonds ...... $l3i 1928
On per cent. bonds ....... lG3. 200
Total annual interest ...... 1921, 62S
The annual income 20 the State
from It's stock in the North Ca
rolina railroad company has
been. under OLD lease ........ $1S00OO
j. to be for six years, under new
tease 500. ...... 800. ...... l95, 900
Is TO be for ninety-four years,
under new lease ......... 21O, 900
Under the act to compromise, Com
mute ana Settle the State Debt" So EGO.
700 new bonds have been Issued in en-
change for the old valid debt TO com
plete the work begun In this line will
require S355,0I0 to carry the new bebt
to Its utmost possible limit. S3,6l5.77O.
The time in which this may be done
expires January LIST. 1897.
INVESTMENTS.
The State holds. as an investment, 1000
shares of the stock in the North Carroll
ma Railroad Company, 1866 shares of
stock in the Atlantic and North Carroll
ma mllroad company, and $f3G $50 of the
new ! per cent consolidated bonds.
The State Board of Education holds.
as an investment, $li3.2 80 of the pcr
cent. ana 1000 OF the e per cent. bonds.
w. II. WORTH,
State Treasurer.
State Treasury Department, Raleigh.
N. c.
THE NEXT LEGISLATURE.
The following statement of the pol!ti-
cal status of the next Legisla ture Is
asserted to be correct: Republicans. 6c:
Popul!sts, SIS; Democrats 46. There are
eight negro members
Popullsts here are advising people who
want 10 bet to put up money ON Sena-
tor Pritchard's defeat. Populist State
Chairman Aver had a letter from Re
saying he proposed to vote for a Popu-
list for Senator Aver insists that there
VIII be plenty of silver men in the Legis-
iature to elect silver man.
THE ELECTORAL COLLEGE
ne ELECTORAL COlleSe meets here to-
morrow pursuant TO the call Of Cover
nor Carr. The question is whether it
Will meet the second Tuesday in Janu-
airy also, that being the day prescribed
by national law.
The term of the Federal Court begins
here next Monday. There are many
cases of counterfeiting on the docket.
The State Superintendent of Public
instruction to-day sen, $500 OF the Pea
body fund TO the Normal and Industrial
School at Greensboro.
Senator Butler will be here tomorrow
and Will perhaps remain a day
The Franklin Rifles. company or
Ganized at Louisburg several years gao
are now dlsbanded.
The newspapers are having a great
deal to say abou. the drunkenness of
Judge Norwood, of the Superior Court.
The cold weather, which made it's an
pearance yesterday is hailed with salts
faction. and so is the rain. Both are
beneficial to the small grain crops.
THE RUSSELL INTERVIEW.
The Interview with Governor-eleet
Russell was read here with great inter
est. His declaration of his purpose TO
secure the annullment of the lease of
the North Carolina railway TO the
Southern railway was not uneXpected
but his suggestion that If a good price
were offered 1t might be we'll to sell the
States stock in the Atlantic and North
mi HTINTED p