Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1876-12-13

notes rapidly as the coinage at the minis would
permit.
From the date first mentioned, to and including
oct -, 1870. there has been Issued OF silver coin,
n above stated. $a2t 96.7 2.16. Of which amount
there fa9 been issued for fractional currency re-
dee a and destroyed. $12,953 25943
10; demand for silver coin for circulation.
tho Oh growing less urgent still continues fully
eqal 70 the capacity OF the minis to supply it.
INT this demand shall have ceased, the coinage
viii be continued rapidly practicable. to the
limit authorized by law.
CURRENCY REDEMPTION.
Owing to the exhaustion OF the appropriation
for transportation of United States notes and Sc
cnrities the express charges on egal-tender and
fractional notes, sent to This Department for re-
demption, and the returns therefor, have not been
paid by the Government since the LIST of March
last In consequence, the redemption of such
notes has greatly decreased. and the paper cur
rencv OF the Government is rapidly becoming unit
for circulation. An appropriation sufficient to
meet the payment of such express charges is ear
nestly recommended.
TIE NATIONAL RANKS.
The report OF the Comptroller OF the Currency
contains iu statistics of the reserves. taxation.
dividends, earnings and losses Of the National
Banks together with summary of their resources
and liabilities for each year since the system went
into operation From this report it appears that
up to Oct . Of the present year 2342 banks in all
had been organized, of which 20si were in opera
ton at that date The returns Of these banks show
that they had an aggregate capital of $3.50 S %
=.
$29l 544 GO; individual deposits, S65l.3S5 80;
loans, 1927 51497g; specie (including coin certif-
cates), $21 $50, 161; legatender notes tincluding
United States certificates of deposit S113 400 Si7
redemption fund with the United States Treasurer,
$l6,74 .695.
COMMERCE AND NAVIGATION.
There il little change in the proportion of the
foreign carrying trade transacted in foreign yes
sels. about seventy two per cent. of imports and
exports during the last fiscal year having been
carried in foreign vessels, as against seventy
per cent for the preceding wear, and seyenty-two
per cent for the fiscal year 1874.
The Register Of the Treasury reports the total
tonnage of vessels of he United States to be
of the fiscal year ended June 30, 1873 This de-
crease is principally caused by the dropping of
canal boat ton age exempt under the act of Con
gress approved April Is. 1874.
The actual decrease il believed TO be about 5S3.
Gil tons, this amount being the excess of the
losses over the gains during the astscal year but
this decrease l. reduced to i2I4 tons by correc
tons of the balances outstanding
EXPORTS AND IMPORTS.
The coin value OF the exports and imports of the
lnite ed states for the lat fiscal year, appears
from official returns made to and compiled by the
Bureau OF Statistics, are rs follows:
Exports of domestic merchandise S525 5S2 "a
Exports OF foreign merchandise ....... 1882, 40
lotal. :....i,.''............ ann. a40 3s4 . ]
Imports OF goods. ACKNOWLEDGEMENTS. 400, al ,19(
Excess Of exports over imports S1g6i3 Is1
For the fiscal year 1879 there was excess of
imports over exports amounting to. - 1862, 725
Showing a difference of 500 20j.20d
Exports Of specie and bullion. ........ $3.50 :}02
Imports of specie and bullion. ........ 1886 ISL
Excess of exports over imports .. s 40 500 Il
Total excess of exports of merchandise
and the precious metals over imports = 20 2l3 O.