The New York herald., 1878-10-31
GENERAL WASHINGTON DISPATCHES.

WASHINGTON, Oct. So 1878.
THE PURCHASE OF SILVER BULLION--BIDs NOT
MADE PUBLIC-vIEws OF DEALERS ON THE
ESTABLISHMENT or AN AMERICAN AAREEr.
The Secretary OF the Treasury to-day opened the
bids for supplying 400 900 OF nne silver
cordancs with the notice recently given inviting pro-
posals every Wednesday for that purpose Tho bid
again requested thas their proposals DO withhold
from publication, and Il u Understood between
them and tho Secretary that thor Offers will not be
made public, NO matter whsthor their bids are
espted or not II is stated At tho department that the
govern ment secured a tho silver needed prices be-
low tho London quotation Of 5ok pence pcr ounce or
ll0 67-I00 por ounce IN United states money.
Most or the bids accepted to-day were from New
York, but ono two from the Pacific coast being
among those below tho London quotations. The
amount purchased, however, less ,nan tour hun
drsd thousand ounces, and the price paid ranged
one quarter oss-haii cent below the London rate
bus u claimed that tho govsrnmsat has an abun-
dant supply for present demands
All bids NJ and above the Londoa quotation were
rejscssd. They were not opened until three O'Clock
In the afternoon and all OF them by telegraph,
~ the dealers will NOS forward their BIDS
until they rscsive the Lsndon quotasona They said
that the refusal publish the bids defeats the sstab-
lisnmsns . silver markss In this country II u ID
NO, known what bullion holders are willing 10 sell
for, there can OF course. be market for silver.
taxing those rates = standard This leaves other
purchasers Of all bullion In tho same position IN
which they prsvisusiy stood-that Of having TO buy
silvor tho Londen II 10 thought that before
long tho injunction OF secrecy will be removed aud
that the United States, which produces more silver
than all Other countries combined, will no longer b
dspe udcut on . foreign market for tie prices. but
~vtu tha ath hal huv a M
Il mas been stated that bullion holders going
to get up combination to keep up the price Of
silver. The Mint Baroau II prepared TO oppose any
such attempt
THE POST oyYiCE DEPARTMESr-ANNUALR RE-
PORT OF THE AUDITOR.
The annual report Tor the fiscal year spding June
80, 1873. OF Mr.. j. N. MeGrsw. tho Auditor si the
Treasury for the Post ONCE Department. has been
completed Il gives in tsbulstsd form . statemeat
OF the receipts expenditures Of the department..
aud tho 80 lao post oflces in operation durng the
year arc classified.
Tho aggregate Of the postal revenues and grants
from be Treasury during the year was 50, ,sss iGo,
and the expenditures S34. .0s4. leaving an
excess OF rccsipts over expenditures OF $42o. .os5.
A part Of the amount drawn irem tho Treasury
during tho yoar was, however, appropriated
on account Of deficiencies In previous years.
The net revenue for the year from The
sale Of postage stamps vas Sl0.ss9, lis. against
SIS, ,ssl, ,oS5 for lass year The amount Of stamps,
stamped envelopes, &s, sold S27, ,37s6o3. against
$25,757.5 SIS In 1871 Expended during the year for
mail transportation SlS 4a4l7o, against 81. o2s
Tor the prsvious year.
Frsm the statement OF the collecting division u sp-
pears that she balance due late posmasssrs n
aud that the balance due from postnastsrs to tbs
United States 10 $4Ss s6a Tho rsror 10 accompanied
by swenty-nins tables exhibiting In detail shs trans
actions Of tne department. From the tables showing
tho epsratiens OF The money order offee IL appears
that the revenue from thus source for the year vas
$2o9.eA agaiast $lo9, las In the previsus year.
THE MEXICAN EXPOSITION OF AMERICAN PBo-
DUCTS.
Mr. De Zamacona the Mexican Minister. said this
evening that he thought from ths tsnor OF private
advicss from the city Of Mckee, that the special OK
position Ter the exhibition Of American and Mexican
products In that oty would probably be held
In the iaster part OF 1879; that q very full
exhibit OF all national products and manufactures Of
Mexice would % presented and every facility fur
nishcd - Americans VINO desired 70 send eeods ne
also ssad that he undsrstosd that the site for the
building hsd been selected and proper comntsoss
appointed 10 carry out the snserprss.