The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-10-04
WASHINGTON.
Turning Out the shekcls.

WASHINGTON, Oct 3-The operative depart
ment of the Philadelphia Mint has been set to
work by directions from Washington for spec
ific rate OF coinage of SIC, oOO, 600 double eagles
mint is running at It's full capacity on gold
coinage and the trade dollar bullion The
amount of $3,000.000 has been added to the
fund of the assay Office at New York to pay
promptly all deposits of sovereigns.
The Complete Letter Writer.
The following letter was written today:
TREASURY DEPARTMENT
Washington, Oct. 3, 1875,
To Samuel Z; Topper ESQ.,, President Of the
Chamber of Commerce, Charleston, S. G:
Sir: / have the honor to acknowledge the
receipt of the memorial of the Charleston
Chamber of Commerce, addressed to the Presi-
dent of the United States and referred to this
department. which after reciting the present
stringency in the money market, aud the diff
Guilty OF obtaining currency, requests that the
sum of 100000 be placed and maintained on
deposit with the assistant treasurer at Charles
ton, to be used by him in the purchase of New
York exchange from the banks. To comply
with the request, it would be necessary for the
treasury department to send currency by ex-
press to Charleston from time to time and buy
with it exchange on New York in competition
with private bankers. Should this request be
granted hundred other places in the country
might with equal propriety ask for the same
impartially, the department would find itself
engaged in an extensive exchange business
and fixing and regulating the rate of exchange
between the different places of the country,
and public money raised by taxation only for
the purpose of carrying ON the government
would be employed to very large amount in
business which Congress has not yet given tn g
Secretary OF the Treasury any authority to en-
gage in. With due regard to the proper man
agement of the treasury department within the
provisions of the law, L have felt it to be my
duty to decline all similar propositions from
other places. Your request must therefore re-
ceive the same response.
(Signed) WIN. A. RICHARDSON,
Secretary of Treasury.
Treasury Balances.
The following are the Treasury balances to-
day: Currency SO, 679, 404; special deposits of les
gal tenders for redemption of certificates of de-
post $11, 100000; coin $81, ZOOS, 1865, including
1874 033 900 in coin certificates outstanding legal
tenders 1856, 100000.
Indian F0ray.
Gen. Sherman has advices from EFort Nc
Intosh, Tex, that the Lipan Indians recently
ran off several cattle, killed two men, wounded
two others and four more are missing.
Various Matters.
Henry Young, (colored) convicted of the
murder of Frank Calm, Virginia drover, to-
day. was sentenced to be hanged November IA.
No financial excitement whatever now ex-
lists.
By order of President Grant, 5000 army ra-
tons will be shipped to shreveport tomorrow,
for the benefit of the sufferers.
A special from Shreveport SAYS there were 10
interments today All but two from yellow,
fever. Five were children and two colored
persons. Alfred Saville, telegraph manager,
who went there from Memphis a few weeks
ago is dangerously ill.