and Great Wester, New Orleans,Jackson, and 251.00 Other roads, Tenn., See Va, Ga., & S. Carolina, 26 00 Miss. 60 JO 67.00 Raymond, 7.00 La. Clinton and Port Hudson, 24.00 New Orleans, Opelousas, Ohio, Nashville & Chattanooga, 274 00 Other roads, Kent'ky, Covington & Lexington, 187.00 Louisville and Frankfort, * Amount subscribed. 131.00 135 00 3,933,652 500,000 95.00 133 00 219 00 2,675,000 3,597,000 5,372,000 722,600 325,000 61.00 72.00 This includes branch, 13 miles. It is open to Pocahontas, 75 miles from Memphis. The section between Pocahontas and Tuscumbia, Alabama, is not open, but the division from Tuscum. bia to Madison, 57 miles, is open, and is included in "Other roads,” Alabama. Length. Name of Road. Length. Miles. Buff., Brantford,&Goderich (Buff. to Paris), 84.00 Great Western (Niagara Falls to Detroit), 230.00 Montreal & N. Y. (Mont. to Mooer's junc.), 42.00 96.00 Total, 852.00 Surveyed Routes for a Railroad from the Mississippi or its Tributaries to the From the Report of the Secretary of War. Pacific Ocean. — XXVI. BANKS IN THE UNITED STATES. THE following abstract of the condition of the State Banks throughout the Union is taken from a letter of the Secretary of the Treasury to the Speaker of the House of Representatives, dated Feb. 27, 1855, which is printed as House Ex. Document No. 82. The information was obtained in compliance with a resolution of the House adopted as long since as July 10, 1832. The following statement of the method of preparing the tables is taken from the "Letter." "In all the tables prepared in the Treasury Department, the following general rules have been observed: "1. The net amount of the capital of the banks has been given whenever it could be ascertained. So, whenever a bank appears to have bought shares of its own stock, that amount has been deducted from its gross capital. Bank stock thus bought in stands on the same footing as bank stock not paid in. "2. The capital is placed first, and next to it 'loans and discounts, stocks, real estate, and other investments,' to show at one view the whole investments of each bank supposed to yield income, and the ratio these investments bear to the capital paid in. "3. The next four columns, sums due by other banks, notes of other banks on hand, specie funds, and specie,' comprise all the immediate means of the banks. "4. The next three columns, circulation, deposits, and sums due to other banks,' comprise all the immediate liabilities of the banks. "Under the head of 'deposits' are included 'dividends unpaid,' and all other sums due on demand, as far as could be ascertained. "5. The four columns, circulation, deposits, sums due to other banks, and other liabilities,' include all the liabilities of the banks, excepting what is due to their own stockholders for capital paid in, and profits acquired. "6. From these general tables the items 'profit and loss, surplus and contingent funds,' &c., &c. are excluded; partly because they are, as Mr. Gallatin observes, merely balancing accounts,' and partly because they cannot be conveniently introduced on a sheet of the size of that on which the public documents are printed." In the following statements are included, it is believed, all the incorporated banks that were in operation in the several States at the dates given, a few scattering ones excepted, and these consisting chiefly of banks that had but lately commenced business. In the State of Texas there is one bank doing a small business, from which no returns have been received. In the States of California, Florida, Arkansas, and Iowa, and in the Territories of New Mexico, Oregon, Washington, Utah, Minnesota, Kansas, and Nebraska, there are no incorporated banks. In the returns from some of the banks of Pennsylvania, and those of some other States, a considerable amount of specie is believed to be embraced under the head of "specie funds," but the exact amount cannot be ascertained. Comparative View of the Condition of the Banks in the different States from their Returns received to January 1, 1855. $8,850 $112,694 52,343 $1,781,065 602,447 140,864 136,115 $85,132 1,079,686 1,186,509 8,225,682 Maine, Dec. '54 71 $7,301,252 $13,181,908 Tennessee, Jan. '55 32 6,717,848 11,755,729 871,076 486,455 166,395 1,057,140 Missouri, Nov. '54 6 Comparative View continued. 49,960 878,612 3,087,827 298,222 1,006,525 2,751,312 146,035 15,345 392,550 24,320 8,791 306,982 Massachusetts, 5,325,594 Rhode Island, Connecticut, 880,724 459,502 New York, 3,665,954 16,453,329 New Jersey, 418,342 206,921 $1,025,208 $5,691,815 $2,914,601 $172,628 $19,559 176,434 3,079,548 775,410 196,680 3,986,709 745,170 15,715 3,828,402 24,803,758 18,783,281 6,930,098 979 563,313 312,606 5,035,073 2,772,367 1,046,658 329,425 1,207,381 11,219,566 3,910,160 1,008,655 1,022,940 13,661,565 31,507,780 84,970,840 21,081,456 4,731,884 826,452 3,552,585 3,290,462 483,875 Pennsylvania, 3,769,420 3,927,949 3,944,602 16,739,069 21,076,464 3,930,665 2,716,872 6,570,568 6,586,601 11,688,296 1,154,538 2,232,973 68,209 1,473,040 5,850,562 2,413,418 211,681 803,849 42,738 85,501 296,605 294,034 456,739 |