, 1877-11-23

TntAA. III 617. 3. 3a &t,74l,t&l, GO
The capital Of The National Banks han been to.
1ucrd co;S millions, mad Tho surplus liz mill
loEs, Tho liabilities Of the public 90 millions
less thc specie " mllllona mort, and tho legal
tenders 13tt nill!ons less. LaAt year tho rrnpos-
ton ot lawful money 10 the Individual deposits
WAS -. 81, anl this ycss Il IL 81. ~ pos cent.
AN EaaI.sH VIEW or THE NEMosET,zArloH or
f1LyEH
Tho London Tnts prints communication from
Correspondent who points out that silver lIas al.
ready recovered IN per cent Of the depreciation II
eulcrcd from panlc. anti holds that before tho
Bland bill. II It became law could get iuto opcr.
nl!on silver would i,ayo recovered a normal sefa.
ttn 10 2old. Tho greater part Of the sivcr demon.
clzcl by Germany hnA alscaly ueon Rb1or1ed, aid
tho production of tho American Mlnes during tho
part ycar lua not bccn equal IL the e4tnatcf. Any
nttcmla, by the United S!atrs," says tllc corro.
spnnAent, - 10 rosumo spccio payment In gold
only must Inevitably fat for waRt Ut tho metal. for
II Jnns, not be overlooked TINT tho production III
gold las beca failing Oh year by year for years
pact, and thu prrrcuf statc of tho London money
market proves sanctcntly that there IL NO surplus
store accumulated from which m American de-.
m1nh could be supplied, 1t is. therefore, only by
making silver aud gof't equally current Tint sc-
Antnption can bc earrlsd out; md ttls hoped for
tho eake Of the States themselves that tho marty
wch ndyocatus this c0ttEsa will be sncccaAtuL In
dcpendeAtly Of tho ImpurtaHt ctIcrta tho measure
wunll produce on English ami Indian lntercsts by
'e"e '.n,-,s,, ~'.,.s. '~s' 'A'"''
hHll1sH IHAHE.
Drillah trade atalistles !or October show III In.
crease otnvcs IN per cent In imposts on account OF
tho imrottations 0f bttadataas. An Improvement
npttars in the exports OF cotton yaEh aud piece
cu"ds. 'ruu. steel, mtit-work, machinery. chem.
tcnlA linen sooaa, and soma minor articles. The
value OF exports Is NJ per cent higher than tot tho
same month OF ls1H The exhibit OF imports IA
lcts encouraging. Tks imports OF artlclcs VI food
have been s..:t O00, 100 uo1o than fur OClaDer,
1B7N 1'n 10 the present time tho imports VI tho
eonyt,J exceed IA savs by 4ome S8a 000, oGo ,hoso
Of last year and xlmos tho whoIc Of this increase
is lus 10 laTgo Imports Vt arafcs food. The two
oldcA OF the trade account when ret against each
other now show difference a.aintt shs exports Ut
SSl5 000 600. or nearly ops.halt NJ tho susl In.
part value. II We allow for tha ra.ezpora set 90
10 this, tho difference will still be over 1900 600,
900. which, the 13n,<, suys, t1t will Ce matter
Of .lh1cu,ty for ~ to make good merely from our
current savings md profits On Investments and on
bu..ness carried On sbroad.~
j,EpEM,rion or NATIONAL nAHr aorss.
r,N u. A.. 1rI,J .
Ane treasurer o. t1e on1ea otatss tepotu'
lhe t'nonnt OF bank n1tcs fEossntea IL lhe aaee
toF te1cmpt!on IN legal, tender notes Iuflhg thr
nstai year has C c1ectded tho fsdrn'ption % g "a,
pteStuus year. Thu amount reducGeA WaA 3-sb,
.iu, a71, IL. which amount was received IN 3l+a@
lasGaSrs III. IhS teoemptinn the previous ffaf w.
~ ~ ~ - 80. i,t nn .ne1ease % o. st..4g, a. -
ctcasv Of Sci. .5ts iOs In thv rctsro,nrnt of Legal
tcu.ler uoss during the year, lwsiass which thets
WA u tctuctlon n ~ volume of United statGs "a
m pH4 c,1cs,"' nsar ~ H. H. nvnt.9s u
$3.50 G.,7 VII III is thp cosp uf the ascal Year b.
Ing lra: than 1t any tme since lH.I2. Ehv soaunt