BANK OF THE UNITED STATES.
Inn IA
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. De DO to city banks. 49,. s.ossIN so7sEs
Bank and Branch nots issued. ls27Ao6 l927,4os
GasIsnis. oSssiion Moni. Canal ,s H'"'0 '''''
Interest stock: in Europe. :. . sss,sos sesssi
f"airidua Ssops:; as9s5 9s1 sa sSss a
tiuaIaatee Of Painters Bank bonds. $4,000
state Bank balances. 286,80 109 064


This shows decrease in the movements Of the bank
ofnear'y two and half millions within the year.
Alt oush the Directors cannot make official report
in relation to hs notes of the Bank 10 circulation the de
posls &. yet is Of interest the stock hol-
ders as well ITO the community the following state
men submitted and believed to be substantially cor
rect:-


CIRCULATION BANK AND BsANcH NOTES, BAUx UrIrrp
STATES.


A' January. ioso. .pS,S1o 100 w


inSiviausis; i ; B Balances. ssoiss $50 nss ~ as


Less the amount on hand in the three Trusts viz =
Jus. Notes, lst Trust. .$1S5 S26
% DO. 9H,740
Sd do. ....... .l.sss.sl7 se-$a,5,e .ssa 50


sl777 900 4e


The receipts ofthe Erie Rsilroad Company for the past
thrce show very steady increase from year to
year.


ERrE RAIL RoAp.


Gross for year ending Sep 90 ~ were $o5e7 50
s0,1 q" .iss Ok Ok % -


OF these amountsths parts derived from the Railroad
proper during each year. were as follows:
o% M ysar' .''.'"........"....'...s .sas 5a6 81
95,73b Al
Oh '... .......... 49,. .l22,76 95


The income the Railroad during each year was made
up as follows:


!: i; year from freight -: s 9. From passrs 81 20
Sd 76a46 so !" 45,4O2 As


During the rst year and three ourths Of the second
helenghsof the Railroad in use was A6 miles for re.
m aindcr oft thct tre he
miles The subscriptions for the petion this road
are steady progressing and the required must
soon be obtained. ta II


The message OF the Governor OF Kentucky to the Le
ssature Of that State gives very plain statement Of
public debt and resources of the Commonwealth The
treasury appears to be in very ourishing condition
the receipts being annually larger than the expenditures
leaving balance on hand The Governor says that
there is no doubt Of the ability Of the treasury all
demands upon for the fiscal year ending October TO-
ls4s The receipts of the year ending October TO- IA
$3.50 4s 49, and the payments for the period were
ss4sesS 10, leaving balance Of $4I,lA 30. The re
ceps for the year ending October TO- is45 estimated
at S392 43a 80 and the demands $3.50 $40 o. leaving
balance Of $26.o4s 40.


The surplus is not large showing that II is necessary
that economy should be used every expenditure cur
tailed az much a. possible Since the 4h Of December
le4S thirty yearss cent bonds to the amount Of
$3.50 QUO have been issued SiS of these in ex
change for six yea bonds previously issued making an
increase in the bonds out against the State Of
There has not, in fact, been increase in the public
debt of single dollar there having been only change
in the form of former liabilities We annex statement
Of the public debt, including these bonds
PusLIc DEER OF KENTUCKY ls45.


cent b'nd' payable s. years after dsts $4,000
. $4,000


TOR repairing ralroad), pays


Money borrowed from ;s the Louisville Bank 5000 COO
s4.aee, 900


The interest this debt which amounts to $0sOoOo
per annum 10 payable out Of the sinking fund The
Commonwealth Is under other Liabilities, the accruing
interest on which is, however, not chsrgesbls to the
sinking fund, but payable out Of the public treasury


She 10 indebted to the sinking fund -


per cent ponds ................-. $et0,0
per cent bonds. ........... 67,0O0





Intersston these bonds up to january. isAS.


which remains unpaid. ......".... lee.Aso


Totalprincips end interest. ....... el IFS. 40


As guarantor the Commonwealth ID also bound for the
payment Of the principal and interest Of bonds executed
by tho Lexington and Ohio Railroad Company, to the
amount Of $4,000.


The Governor states that the suit which was brought
BY the Bank Of Kentucky against the schuylki Bank to
recover for the loss sustained BY the fraud Of the latter
nyet in progress and undetermined but decision 10 en-
Pected the coming spring term. The loss sustained by
TINS rand has compelled the bank to reduce the dividends
to stockholders but II il confidently anticipated that
short time will suffice to place the circulation in sound
state again The Bank Of Kentucky the Northern Bank
OF Kentucky and the Lousve Bank, reported to be
able to discharge al hsr liabilities and deserve the full
confidence Of the public.


Vu.~