The New York herald., 1878-11-01
GENERAL WASHINGTON DISPATCHES.

WARRINGTON, Oct. ~. 1878
CONDITION OF THE TREASURY FOR sPEcIE RE-
suMpTIoN-PAPER CIRCULATION PER CAPITA
IN THIS COUNTRY AND THE PRINCIPAL
COUNTRIES OF EURoPE-LRTTRR FROM SEC
RErARY SHERMAN.
Secretary Sherman written the following letter
n regard the condition Of the Treasury specie
yssumption, &c - :
OVYicE OF TIE SECRETARY,
WASHINGTON, ID. T., Oct II, 1878
sR-l am in receipt Of your letter Of the 2oth inst,
making certain inquiries to the condition OF tine
Treasury Tor resumption, and the ainouns Of paper
circulation per capita IN this country and the prnc,-
pal countries Of Europe. In reply I have to inform
You that ON Tho Isl inst ihs coin balance OF the
Treasury S232. .659, GAG o. This sntire amount,
however, was not available Tor resumption PURPOSES
but subject to Liabilities, rs ioliows:-
Interest due and unpaid.. $9 345, 280 10
Debt which interest has ceased H. GA 6y0 ~
Interest thereon. on..................... 373,5S5 %
Coin certifcates-goid ........... 81 S26, GOO %
Com certificates silver ........... l,S4s. .O7O 90
Unclaimed interest. 9,547 03
Unmatured bonus called for resump-
tion. 4l50o 900 90
Total sos, AZ, ,7sl oil
Leaving Tor resumption purposes $134. S65 90
The coin receipts into the Treasury VIII probably
exceed by u considerable amount the coin payne nis
between now and January, 1872 80 that at lsast the
above oaapce viii then be svslaSis ~ Tor rssumpon
while there s probability OF she labili-
being present led Tor
AZ 10 the paper circulation OF the European couu.
tries this department. has no Information except what
san be obtained from publications open 20 ALI
The LONDON Econ0Ssta Of september L. 1878 --latest
~ handk states the amount Of paper circulation Of
hanks the United Kingdom, less amount by
Me Banking Department OF the Bank sf England, 70
fs E43 966 the circulation Of tho Bank Of France
(which alone IN France has authority 10 notesl
Germany (SeptemUer y ESQ AIS 900 II 10 underso ood
shat some Of the country banks Of Germany have
authority under certain rsstrctions to issue notes.
A OF mi
puDlicatons II Is believed TO bo inconsiderabc Re.
ducing amounts to currency this country
the per capita oi circulation appears 10 DO follows
Country. Circulation EaiesI a'Is Ga'a CAPITA. asa
uo,ssa Kin dom sis sissSs 900 ssaSscoS % 20
Gsss States. ass sSas s5z5SSS
twill DO seen ,ha, the aggregate as well ms tho
per e.pisa amount VI paper circulation Is larger in
named, and Largely excess Of any except that Of
france In that country, howcvor, the circulation
November i, 1878, from s0oa 900. .ooo roduc.o" oi
el4i O93 600, while In the same period the metac
!sssys I 81 sno bang has Increased from STAG 600
'''' JOIN saEiIlaAN, Secretary.
UNITED STATES CURRENCY OUTSTANDING.
Tho following Is a statement Of United States cur.
ssncy outstanding.-
Old demand notes.. ........... $62,065 90
Legal tender notes, all issues........ 0l6 20
One year notes oi 1858. 3................ 6l0o5 10
Two notes Of 1868 ................ IA 750 70
Two year coupon notes OF 1868. ~, 500 90
Compound interest notes ............. 2si ,0y0 U0
Fractional currency, all issues. 1621.l9s 10
...ss..S36S 3la, S04 ~
gHK KID GLOVE MISUNDERSTANDING
HEARiNo DEToRz ASSISTANT SECRETARY
vRx ,cH.
There was preliminary hearing Of Nov York par.
ucs Interested IN tho ka glove assessment this
morning before Assistant Secretary French. al his
room IN the Treasury Department There were
present John J. hccook and Ii. NJ. Alexander repre-