The New York herald., 1873-10-11
sHlNcTON.
Uncle Sans Debt and Credit
Account.
RECEIPTS AND EXPENDITURES
A Peep at Treasurer Spin
ner's Report.
THE POLARIS INVESTIGATION.

WASHINGTON, Oct. 10, 1879
Poin is from Treasurer Spinncrs Forth
coming Report.
The folio, ring facts are taken from the forth
coming annua. report OF United States Treas
urer Spinner:-Ths amount OF redemption and
destruction OF mone,'s and securities during the
fiscal year. ending June oO last, was SLAB 532 157,
including legal tender notes, S64,OoOo ooo and about
SIS, 100000 OF fractional currenc, Total amount
destroyed since 1861 TO July /, 1873. ,952. 37
Balance on hand July 1, 1873, $s14,75S. Total
amount redeemed TO July, $6s3e. .7o7,1 12s. lctal
amount OF national bank notes destroyed to July I,
1873, $9,2s0 ,o32. The Treasurer says as to coin
certlhcates there were sent to New York, previous
to June 80, 1872, $5s2, no. 900; during the fiscal
year, $4o,65oOo0. Total sent to New YORK,
$62s 100000. On hand, unssued, at New York,
$40, OOo Total issued at New York. s6lS, oOO
Total redeemed OF New York issue, $57S, S42, 900.
Total outstanding as per public debt statement,
July /, 1s73 $39.460 900. There were issued from
November 13, 1855 to June 3O 1885, s61s, 346, ,90O
and redeemed during the period $57s. .ss6, ,9oo
Total outstanding, $39, 900. On hand at New
York, unssued, July /, 1872 $l937S,500. Sent to
New York during the fiscal year, $40, ,65o,o oo0 Total
s66,02s5o0. Less amount issued during the fiscal
year, 500. On hand at New York, unissued,
July l. 1873, $lo,4 oO0 Reduced June 2S and 80,
statement OF Assistant Treasurer at New York,
s10,ss4,0OO. June 80, 1872, number OF national
banks organized and which had deposited securities
for their circulation, 2007; number OF banks organ
lied In the last fiscal year, los; number OF banks
to the Both OF June, 1879, 2,115; number OF banks
doing business June 80, 1889; number failed prior
to July !, 1872, %; failed In last fiscal year,
a; having no circulation, securities withdrawn,
12 number OF involuntary liquidations and
closed, 97. Total number organized 2.ll5.
The securities held in trust to secure the redemp
ton OF circulating notes are $780, $50; to assure
public deposits with national banks $500 900; to
assure subscriptions to the funded loan of 1881,
$12,774.35O. Total securities Of national banks at
par, $418, ,744,90O. Number of bank repositories,
1853.
Under the head OF special deposits of bonds by
national banks designated by the Treasury Depart
ment as coin repositories for subscription to the
funded loan OF 1881 the Treasurer says
.'From February IA, 1878, to June 80, 1873, the
First National Bank OF Washington, u. c., made de-
posits OF United States bonds with the department
as security for subscriptions to said loan, which
were placed in custody OF this ONCE, namely
Number Of deposits made, AZ; number Of withdraw
ais, 1888; largest amount on deposit May 2, 1878,
sA,277,45O. On the 30tn OF June, 1878, the amount
on deposit $12, ia $50, all of which has since
Deen Wt0draWn. PayInent OI coin interest Oh
coupon bonds held in trust was made during the
fiscal year by the issue Of III drafts amounting to
sl07,4s7. The number OF examinations Of
securities held In trust for national
banks during the fiscal year was 1900.
The semiannual duty paid by the national banks
during the calendar year preceding January 1878,
was for the term OF six months preceding July !,
1S72-On circulation, s1,6ls,12s; on deposits,
$1572, 1885, capital, $197,76s. Total, $3,3s7ss5.
For the term OF six months preceding January
l. 1s73-On circulation, $1,664,47O; on deposits,
s1572s7o on capital, 1921, ,1l5 Total, s3,45S4 455.
Total duty for the year, 800. The comparison
OF duty for 1871 and 1872 is rs folows:-
Amount received in the year preceding
Amount received In tie year preceding
January !, lS72.. b,oUo,Sl2
Increase OF duty in the last calendar year s3lo,5o
Treasury Receipts and Expo nditurcs.
The books of the Treasurer's ONCE were closed
June so, 1s73 after the entry Of all moneys received
ana disbursed on authorized warrants within the