The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1879-12-18
CoSoEaNINo CURRENCY.

From the report Of the Comptroller
OF the currency the STATESMAN is en-
4bied to present the following dsts:
The total number Of national banks
established since February %. 1863 to
to November l, 1879, is 2,439;
307 Of these have gore into voluntary
liquidation and 81 have been placed
In he hands of receivers, leaving 2050
in operation. The total resources of
the national banks on the second of
October, were 81, s6s. 7s7, 44s. Lisbili-
ties the same.
The capital of 2G48 national banks,
in operation June IA, 1879, was $4j5,-
244, AIS, with a surplus of s114. 00O,-
600; capital of State aud private
bank, and savings banks, $20l, PAL 4s4.
Net deposits OF national banks were
$713. Ala. $50; deposits of all other
banks, 81, $50. 1872 s35, of which $747,-
O62, ,067 were with the savings banks.
In 1885 the United States owed 10
debt, and the entire debt January /,
1861, was 500. 243, 72O. I1ly 1, 1881, it
was 800, $50, ,s73; July 1, 1862, it was
1924, 176, Ala; July 1, 1868. it was
81, 119, 772, 1888; July 1, 1864, it was
81, ,s15, 7s4, $40; August 81, 1865. it
was 81, ,S45, 907, ,626.
The funded debt January, 1871 was
81. 935, $40, 700, of which 81, 437, ,097, =
300 were five-twenty 9 per cents, and
S194, 5e7, 300 were ten-forty 5 per cents ;
July /, 1868, the bonded debt 81 and
6s was S2,O63, 10, 200; November 1,
1879, in g., 81, 1-2s and A. 1t was
81, 1872, 967. $50. The amount of these
bonds held by national banks NoVem-
Der /, was $434, 9s3. $50.
The resumption act required the
Secretary of the Treasury, on and at-
ter January 1, 1879, to redeem in coin
the United States legal tender notes.
On the day of resumption there were
in the United States Treasury, in gold
lin and bullion, $135 3ss, $50, and in
silver coin $50, 557, 533. January 1,
1879, there were outstanding in legal
tenders $346. 6S1, ,016, and the amount
remained the same November 1, 1879,
showing that coin had not been de-
manded for single note.
Treasury notes have borne values as
follows: In 1864 they were worth
25S.1 IN 1865, 1921; IN 1866, 151 6;
in 1867, 1894; in 1868, 142.7; in 1869,
1856 1; in 1870, 116s; in 1871, 112.4;
in 1872, 114S; in 1878, 115 Z; in 1874,
100; in 1875, HAS; in 1876, 112.1;
In 1877, 1858; IN 1878, 1905; In 1879,
1000.
The circulating medium of the coun-
try November 1, 1879, was:
Treasury notes outstanding ....... S346, ,6S1, ,016
National bank notes outstanding. 337,1S1, ,41S
Go in the Treasury, less certificates
Silver in the Treasury. ............... 50,07S go
Coin in banks. =. .................-. 2,173, ,731
people. 23l, AS, SIS
Total. 81, 1865 t58, ,498
The authorized circulation of nation
al bank notes, October 2, 1879, was
$3sS. OtO, S21, while they had received
from the Treasury only S319, Cos. 4S5,
slowing them yet entitled 10 $685.
St2, 1856. To secure the notes now in
circulation. the United States Treasury
holds in United States bonds $363, sO2,-
400.
The amount of gold coin in the
United States Treasury November 1,
was $t71.517, 713; silver colp, $780,
07S,620. Total estimated amount of
coin in the country, June 80, 1879, was
$39s, 541, ,6s3.