THE

MAVERICK NATIONAL BANK

MANUAL.

JULY 1, 1887.

BOSTON:

WRIGHT & POTTER PRINTING CO., 18 POST OFFICE SQUARE.

1887.

HC 105
.M3

COPYRIGHT, 1887, BY THE MAVERICK NATIONAL BANK.

34905

EARLY DEBTS.-EARLY GOVERNMENT LOANS (1803-1837). - DIVISION OF

THE SURPLUS OF 1836. GOVERNMENT LOANS (SECOND PERIOD, 1837-

1861). - FLUCTUATIONS OF THE DEBT (1837-1861).- GOVERNMENT LOANS

(THIRD PERIOD, 1861-1881).- ANNUAL REDUCTION OF THE DEBT (1865-

1887). — ANALYSIS OF PUBLIC DEBT.-U. S. BOND CALLS (1871-1887). —

BONDS OWNED BY NATIONAL BANKS. - ANNUAL RECEIPTS, EXPENDI-

TURES, INTEREST PAYMENTS AND SURPLUS OF UNITED STATES (1860-

1887). ANNUAL APPROPRIATIONS MADE BY CONGRESS (1877-1887).—

DEBT STATEMENT, JUNE 1, 1887.

THE RATE OF RETURN TO INVESTORS IN ENGLISH, FRENCH, GERMAN,

SPANISH, AUSTRIAN, TURKISH, EGYPTIAN, CHINESE, AND JAPANESE

GOVERNMENT SECURITIES.-THE CREDIT OF THE UNITED STATES.-ITS

GROWTH IN POPULATION AND WEALTH.-THE BURDEN OF ARMIES AND

NAVIES TO EUROPEAN NATIONS.

CHAPTER III.

STATE AND MUNICIPAL INDEBTEDNESS, .

Page

27-35

GENERAL NOTES ON STATE INDEBTEDNESS.-STATE, TERRITORIAL, COUNTY,

AND MUNICIPAL DEBTS IN 1880.-STATE DEBTS AND Valuations, JAN-

UARY 1, 1887. — APPROXIMATE CREDIT OF STATES. - DEBTS, POPULATION,

AND DEBT PER CAPITA OF FORTY CITIES OF THE UNITED STATES.-

AVERAGE RATES OF INTEREST PAID AND CREDITS OF LEADING CITIES

OF THE UNITED STATES.-GROWTH OF AMERICAN CITIES OF 50,000

POPULATION SINCE 1790.- INDEBTEDNESS OF FOREIGN CITIES.

THEIR SECURITY AS INVESTMENTS. THE HISTORY OF WATER SUPPLY

FOR CITIES.-CONDUIT DATA.-COMPARISONS OF LARGE GRAVITATION

WORKS.-LONDON'S WATER SUPPLY.-HISTORY OF AMERICAN WATER

WORKS.-COST, EXPENSES AND REVENUE.-FINANCIAL STATISTICS OF

LEADING WATER WORKS.

CHAPTER V.

WHAT ARE SAVINGS BANK SECURITIES?

Page

49-56

ABSTRACT OF THE LAWS REGULATING THE INVESTMENT OF SAVINGS BANK

FUNDS.THE GROWTH OF SAVINGS BANKS.-SAVINGS BANK STATIS-

TICS OF THE UNITED STATES.

CHAPTER VI.

BANKS AND BANKING,

Page

57-78

-

-

EARLY BANKING IN EUROPE. THE BANK OF ENGLAND AND THE JOINT-

STOCK BANKS.- BANK OF FRANCE. - PRICES AND DIVIDENDS OF

EUROPEAN BANK SHARES. CANADIAN BANKS.. THE INCREASE OF

BANKING CAPITAL.-HISTORY OF BANKING IN THE UNITED STATES.-

THE NUMBER OF NATIONAL BANKS. -CAPITAL AND PROFITS. -COM-

PARATIVE POSITION IN RECENT TIMES. THE STATISTICAL RECORD FOR

TWENTY-ONE YEARS. THE MAVERICK NATIONAL BANK.

-

CHAPTER VII.

COINAGE AND CURRENCY,

Page

79-89

-

ORIENTAL AND EUROPEAN COINAGE. COLONIAL COINAGE.. THE SILVER

DOLLAR. - UNITED STATES COINAGE.-VALUE OF FOREIGN COINS.-

LEGAL TENDER AND BANK NOTES STATISTICS. THE DISTRIBUTION OF

THE CURRENCY OF THE UNITED STATES.- GOLD AND SILVER PRODUC-

TION. RATIO OF SILVER TO GOLD.

CHAPTER VIII.

BANK CLEARING HOUSES,

HISTORY.

-

-

Page

91-97

THE UNITED STATES CLEARING HOUSES.- NUMBER OF BANKS

MANAGERS.

REPRESENTED.-

EXCHANGES, 1885 AND 1886. FOUR

MONTHS OF 1887 COMPARED WITH 1886.- NEW YORK CLEARANCES, BY

YEARS. HISTORY OF THE BOSTON CLEARING HOUSE. ITS EXCHANGES,

BY YEARS.- CLEARANCES OF THE WORLD.

CHAPTER IX.

Page

RAILROADS,

98-117

THE DEVELOPMENT OF THE LOCOMOTIVE AND THE RAILWAY. — STATISTICS OF

UNITED STATES RAILROADS. -SPEED OF TRAINS.-RAILROAD CREDITS.

-STREET RAILWAYS OF THE WORLD. - THE INTERSTATE AND STATE

RAILROAD COMMISSIONERS.

-

CHAPTER X.

FOREIGN EXCHANGE AND COMMERCE, .

-

Page

118-129

STERLING EXCHANGE: ITS ORIGIN, AND INTRINSIC AND COMMERCIAL BASIS.-

PARITY OF EXCHANGE AND THE GOLD SHIPPING POINTS. HIGHEST AND

LOWEST QUOTATIONS and REVIEW OF THe Market for TEN YEARS.

IMPORTS, EXPORTS, AND BALANCE OF TRADE, 1861-1887.

SHIPBUILDING, TONNAGE, AND CARRYING TRADE OF THE UNITED STATES,

1882-1887.-REMARKS ON AMERICAN SHIPPING AND EARLY STEAM VESSELS.

-THE PRINCIPAL OCEAN STEAMERS. RAPID TRANSATLANTIC PASSAGES.

-DISTANCES BY WATER FROM NEW YORK TO PRINCIPAL PORTS OF THE

WORLD. AMOUNT OF COAL CONSUMED BY OCEAN STEAMERS. - DESIGNAT

ING MARKS OF TRANSATLANTIC LINES.

ACQUISITIONS AND TOTAL AREA OF THE TERRITORY OF THE UNITED STATES.

-AREAS OF THE STATES IN SQUARE MILES.

GRANTS OF PUBLIC LANDS BY CONGRESS TO STATES AND RAILROADS.

FARMS OF THE UNITED STATES.-TOTAL ACREAGE, IMPROVED AND UNIM-

PROVED.

IMMIGRATION.-TOTAL ARRIVALS, 1820 TO 1887.-ARRIVALS BY COUNTRIES.

-PROPORTION OF TOTAL EUROPEAN EMIGRANTS RECEIVED BY UNITED

STATES.

AGRICULTURAL PRODUCTS.-TOTAL PRODUCTION OF STAPLES FOR FIVE

YEARS.-HIGHEST AND LOWEST CHICAGO WHEAT AND CORN PRICES,

1877-87.-WHEAT CROPS OF THE WORLD.

COTTON.-TOTAL UNITED STATES CROPS.-EXPORTS AND CONSUMPTION,

1841-87.-COTTON PRICES, 1826 TO 1887, BY YEARS.-CONSUMPTION OF

THE WORLD.-MANUFACTURE IN THE UNITED STATES.

WOOL.-PRODUCT OF THE UNITED STATES, 1882-86.