Ashtabula weekly telegraph. (Ashtabula, Ohio) 1880-1886, 1880-12-03

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The aggregate amount Of both kinds of
notes in 1879 was sos, $751; and in 1873 sG06.
53,lE. The law provides that after specie
payments are resumed the National Banks
shall not be furnished with notes Of less do
nomination than 50, and in accordance with
this provision no notes Of denominations of
81 aud 81 baye been issued since the lst day OF
january, 1873, The amount OF ones outstand-
ing that day was s4,793,slI, and OF twos, 81
S24,sdO. Total, S7,7ls,4I. Since that date the
ones have been reduced S2,6Ol,355, and the
twos, Sl,7l76 making "A total reduction Of
small bank notes of S4,219025. The amount Of
logai-tender notes of the demon. nation OF one
doHar outstanding at that date wus S20,25T ,lOg,
aud Of tWos, s2O,Oj5,525. Totsl, lO2g2,G ,GA. The
increase since that date 10 November l, 1880.
has been 81, ,49l,5si.
Thus It Will be seen that while the small
notes Of the National Bsuks have been re-
duced more than four millions (S4,sl9,O25), IN
compliance with the law, since the date of
resumption, the legaltender notes Of tre same
denominations have been increased $3,49l, ,5sI.
The total amount Of these denominations of
both kinds outstanding November /, 1880,
is S47,2S30l0. The total increase during the
year is S3,305,575. The decrease during tho
year previous was S3,6l9,45l. or the entire
amount Of National Bank and legal-tender
notes now outstanding, nearly seven per cent.
consists Of 81 and SO notes, more than thirty
one pOr cent. of ones, twos and fives, and more
than tifty-eight per cent. is in notes Of a less
denomination than SO, and eighty per cent
Is I'm notes OF lower denomination than $50.
Ofthe entire issue, about twenty per cent.
Is in denominations Of $50 and upwards. 1ho
amount of circulation OF the Bank of France
Janualj 30, 1873, was s45sl9tlO0. showing an
increase between that time and January 20 of
S8,1o07 7o7. The Imperial Bnnl, of Germanv is-
sues no notes of n less deno,n,natlon than
$50, and the Bank of France issues but about
500 1000 "a notes Of a less denominatIon than
S5. The Bank of England issues no notes less
than S25, a1d the Banks of ireland and scot
land none less thnu So The nmoi,nt oF cir,,,
lation I'm this country I'm denomInations ~ ss
md under WINS SgIl ,id s1s No,a,nhor iseo
In the foreign countries Iar,ed n i,sa r,',s.
OF fsIlyer and oold coin of the Io,yor dcnor,I I,,a
tons enters into general cIrcniotlon I, wi,
be ImpossIble no Keen An cIrcuIa, ,on a,e Ioraa
smo,,pt ~ s,,sI soiS So,,S 80 "I,,,ay "y ,,s Iu,so
unIcss the coi,a,e ~ 10 I,,,l. a. ...,a,nS
and tho ANAL notcs ,v,thdrswn -.
The total smonn, 80 Ir,,,ad s,o,o. ,o.,,.
held as security for oirouIatIn9 notes a., enc
LIST Of November. 1sso was saso TIs oso 0n
Ootober 1. 1ss5 tho totoI ono,,nt 81 bo,,s,a Ma
for thia n,rnose ,vas so-e oso ~ 90 ,,hIat sina
ao7 an &c q, ~, I'M
per oents on october ,sSo tho La,I,s y ~ IA
ssie soI 9Oo sIT ner conts anS saS 90 20 az
per cents. since that lime there ms hcon ~ 20
November / ig7o decrease ot sIss OF 10 ~ ~
AZ per cent bonds and an ,ncroose ~ sEI ~ -
200 IN Ave pnr oents
The banls now bold an, oas o,n ~ Fo,,- 49,,
half nor oents which hs,e beo,, "a sI,,
sentember 1s7a and SIto n5s ioo 80. ,,C
co,ts ,,,tt,,, -, - .'e,o,iS' s',S lOui p9r
Nas1 - ""i0n nn'e Ooeh ueposiIed since july
Il 1911.
havebeen ygithdro,,, on,og,, t, ~ ,',,.
Of realizing tho Iaroe rro,oi,,,,,. -, .Lso
bonds. and So9 a7o 750 I, ,,a ,o ,,,,,t S,s,s,
which win mature IN n few n,onths Tha haDi,g
stin hold $4,000 sIx per cent. 5,eo bands anJ
s590,oOO Ave Der cent. 1o40 bonds mon which
interest has ceased. They alse hoId ana SsS-
$50 of fiyes OF 1891. which aro rodeor,ahI, ~
lst Of next Nav. ana S9 ois M 49, 80 iesI
payable the Lat OF January noyt ANA 40 I9s
ibO slxes OF 1881 which are NJ, ~. ~.
of July next.
All of the ave and sir-nar-coc, ro,as ,,o,,
held BY the National nnnks Win tbn $780,
tion OF me PecIao Ra1ivav nn,,Ss ,,,r, ~
turo on or before JuIv I.iss, ami III, -
ably be renInood M, bonds henr,s, ,,,a.ls, =,
four or az per cont or b,1 ne,,, non A. h,saes,
or 10 be isst,ed nv nntboritv ~ Cons,rass ,,oa.-
ing a less rate OF interest. - -
The amount of honda hald nv tho National
Banks November /. 1850. was Slol' 'aso sSo ma
the amount held by other banks and bon,rers
Of the country In the tahlei a. sSos oss ~
The total amount held Inv an Inc hon,rs ana
bankers ia shown approximateiv 10 M move
than one-third OF the whole inierest- -hearins,
funded debt OF the Omitted states al goiIo,ys's
state Banks ana lrrust Comnanies Ssi tns ,nl
Savings Banks. s.,................., is9isI,si6
riIlyate banks, ,...'..,......,...,..,. i4910,Gsl
N''ion"i hAS'''..'''''''.'''''''' AO5,So9,36O
Total ss9i 400 "a
The increase iu the net doposits oS Natio,ai
BANKS during the vear v,as sts7 ass an, -
savings banks. an. .b6s so5, ~ nr,,nto hs,'1,,.
ga 7taosl, and OF state banEs and tr,,st cor,,'
panies, Ssi, 7gl. making. a total iroreas, n,
tho bank deposits Of tho country of Saae ma
siB. The total number az NstonaI ps,'Is
STATE banlrs sa,,lng, hs,,,es ri,,e. ,,l'
oto In M co,,nt, T,,, ieeo ~ ~
vttb to,at hsrt ~ =, az - s,Ss' ,o'o.'
and tp,ol d,i, ~ sS w ss, s 0s sp''ViVSo'
ir,,o Sa,,,,t ,,i,'. y
% a, Sos.' ~ - my lhe laws
ps,,,' .i.a,.s. ~ -, u'',o''peu tnnt NuuOhai'
a