Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-08-28


terests affected by whatever action con-
gress may take in the premises will be
fully appreciated when it is stated that
the total amount of dollars coined and
now in circulation here and abroad is
$35 ,959, 500. ....
THE MONEY ORDER BUSINESS.
The business of the money-Order
branch of the post office department
shows a steady increase both in domestic
and foreign exchange. For the quarter
ending March 81 there was RENTED
from the United States to Great Britain
upwards of G37, 900 and received
from there eli 900, leaving balance to
be RENTED in settlement Of account Of
upwards of 100000 The remittances
Of the previous quarter. which, includ-
ing the holidays, is always the largest
of the year, aggregated 100000 sent
from this country and ely 900 received
from Great Britain The average quar-
terly remittances from Germany are
about $4,000 and the amount sent
thither, $4,000. Switzerland receives
from the United States about $45 900,
and sends $50, 900 here per quarter.
Money-order exchanges with Italy have
only been in operation since July l,
1877. The quarterly averages are
about $3S, 900 sent to that country,
and less than $1,000 received from
thence. Canada RENTS an average of
about 100000, and receives about
$4,000, being the only government with
which we have mOney-order exchanges
where the balance is in favor of the
United States, This arises from the
fact that the system is used be-
tween the United States and
Canada for comm ercial purposes,
while with European nations its
use is confined almost wholly to social
purposes. From Germany, however,
considerable sums are sent to heirs as
balances due them in settlement Of
small estates, which he ps to more near
ly equalize the accounts between the
two countries. @&E5
NEW COMMISSIONER OF PATENTS.
Advices from Wash1ngtonu under date
of Aug. Goth say it is expected at the
interior department that Gen. Halbert
E. Paine, eX-member of congress from
Wisconsin, will accept the position of
commissioner Of patents, rendered to
him by Secretary Shurz, and will enter
upon the duties of that office as soon as
he shall have regained his health.
Gen. Paine is now in the Nir-
ginia mountains to recuperate. He
will probably return early IN the
fall to take his new position. That Mr..
Spear is to be removed there is no
longer any doubt. 1t is stated upon re-
liable authority that his resignation has
been demanded, and although he had
in the past strong support among New
England public IN en-, it is intimated that
his New England supporters are not
making strenuous efforts in his behalf.
Smear is now reported to. be making
business arrangements in contempla-
ton of resignation from the
COMMISSIONS rship 8. of So Patents.
Gen. Paines friends say that al
though he would prefer judicial posi-
ton which might be offered from a pos
sibie vacancy on the district bench
here, he would accept the commits
sionership of patents, as the resignation
of Judge DIN is by no means certain
ty.
GOVERNMENT OFFICIALS AND THE. CAM
PAIGN.
The National Republican, Washington,
on the 10Th inst, stated upon authority
that voters in the departments will be
granted the usual leaves of absence to
attend elections in their several states,
and further that the president has con-
tributed to the republican campaign
fund ever since he came into public
life. Last year he contributed $500 to
the Ohio fund and this year he has done
better and not yet done contributing.
Every IA ember of the cabinet has also
contributed this year 4..
TREASURY STATEMENT.
The following is the condition of the
treasury for the week ending Aug IL:
U. s bonds to secure national bank t>sE
circulation. .a...I -! $685. 49, $50
I. s. bonds to public deposits. 1S, $50, 400
I. S. bonds deposited for circulation
for the week ending to-day....,.,. 1850, 500
Z. bonds held for circulation, with U#
drawn week ending to-day .......... 1902, 40
Natona bank circulation outstand
s 5ing-ctrreney notes -, 80. 800, 791, 1855
Gold notes.. Observation-Disclosures. l, 432, 120
Internal revenue receipts for the week, 1913, 500
Customs. ACKNOWLEDGEMENT. 2S9, 800
Receipts Of national bank notes re-
ceiyed for redemption for week end al
ing to-day, compared with CORES
ponding period last year-1s77 PSI, 900
1878. ................. 1881, 900
Receipts to-day ........... ......-r.. 53S, 0O0
subscriptions to the per cent. loan
to Observation-Disclosures. LOCO