, 1880-11-25

TutaIs..-... .st!ys.&jl E,bstS1 Ula NSS74i vi
The aggregate A1nount of both kittls ut ilutrs
III lSi0 wus ssHl, ,sl65.o, nnti in 1878. S EE& l37.
Tho fuw provides TINT after specie payments arc
reslinet! tho Naionnl banks slnll mt bu fur
1'lsi,cd with no!ca ut less denomination, thnn 81,
nia III accur1nncu with this provision no notes
1T denominations Of 81 a1lI T.. hnvu bcen Issued
s'tscc fh8 st dhy Ut .nnuury. l87D. Tho ,IlIoIlnt
vi oncs outstanding tlnat tuy Nus st,1gl,yl7, n,l
of twos, s..!3 ,!ku. Totul, S7.sls,747 Since that
tlnte tho ones 1lavp bcen reduced $:,5ul. .HHs ,i
tho tsos Sl,7i7H7D, making Il tutA reduction Ut
small bank no.es OF sl..l9,G. Tho amount OF
'cKhl-tender mites Of tho denomination OF 81
outstanding ut tllAt ditto WIS t0 5T; tDy un ct
twUs, Sa3.GEs15 Intal. ~, 70! The I,'ereAse
succ tint uNtf to MuY, l.. lbt. has bpan $llDl ,S3
THUS It W1lio seen'that asA'le tho small. l,otes
ot tho Sattunli banks hnvc tecn -.
REDUCED MNisE THAN FOUR MILLIONS
ts1@lo.Ga5l. IN compliance with tho Iav, suco tho
,inte Of resumption. tho lcgnlte tender totca OF
lilo sAmu denominations hayu bepn Increased
s34Jl.IA. Thu rntnl amount Of thuso lenomt-
natluns nt buth kinda outstanding Nov, !, lss0.
IL tt7,2g1,oao. Tho t0tnl incrcaso during tho
year ~ s3,sG5,6Hh The dccreAse during tho ycar
previous wus S3,G.Dl51. OF tho ct,tIrt. amount
Ut NRtaonal-bank und lcgnt-tentnr notes now
outstanding, nearly : per cent consists Of Il and
z" notes, t1,ore thnn u per cent Ut ones, twos,
ind Aros. mud more than g per cent Is In notes
Ia In notes Of II 'oser denomination thun so.
or the cnt!re !bque, nbUut ~ per cent Is III ,lc-
nominations Of z50 anl upwards. Tho amount
Of circulation 1T tho Dnnk OF FrAncu Jun, 10.
1s7D. WIS sa58, ,1p4 .lCG, showing an lncreaso he
tween tllnt tln'e mud Jun. ~ OF G1O0, ,7U7. Tho
1mpHsial Bunk of 0ermnuy Issues no nptcs OF
lcss denomination than S7.50, nnd tile Ilnnk Ut
Frunc' Issues but nbunt S.oo,G03 in notes Ut Il
less denomination thnn Sc. Tho Bank Of En-
gland iRsue8 No notca less ti,un f.s, and tho
Hunks ef ireland anl HcotlRnd 1lunc loss tim
e. Tho amount Of circulation IN this country
In denominations ot 81 md under WIS s.1 ss
Sur. !, leSJ. In tho foregr countries u,.uc,l n
lar9e nta0int OF aflrur mud Nu!d cun Ut tho Low.
or denominations cntcrs Into general circuIA-
tiou. 1t wilt bt Impossible to kecp III circulation
my Inrxc amount Ut snnti gold colns or silver
sl0'lnra unless tho catnnyo Ut tho latter Is rp-
strIctci ai.d tho sulall rutes withdrawn.
BONDS.
Tho thtnl amount of uultcl Stutcs bonds hell
ns security for clreninttilK nnteH Ht tho lit IF
November, lSS, was s:E3 1IS R'0. On Uqt, |, tslS,
tho totNl nnnnll.t Ut bonds held for tlis pt.rposu
wub 3.70...5J go, Of which $Ipy,:s7,9l WINS In d
per ec,sH md s1t, II. G. III per ccnts. On Oct,
L. lKiU, tlse bailhs hull ti6 S0 0 per cents md
$bj .,sU per cents. HliIce t',at lluu there as
hec io Nov. |. 1s'sl II lecro nye If SlNs:llb3U in
per cent 6elids atsd ~, lneruase Of $3l M
+ yt'r ru.lts.
TIM b,'ss now holu sec aas no Ut az ppr cents
whlclt l,Aye been ,tcpcsItcI 4tncu Sept. |, 1871,
Asl EilJ,H'j 10uI pur vetlts Which hMvu boen 10.
pnsstrh sIllt:e July !, lS77.
During tho yenr, elV,s43,;&N I per cents taye
tuan withdrawn chiefly for thu lurposu ui irtal.
lzl1lH thu lnrgt premiums oil thcav hun,ts. a,,,l
s41.:!s,I1U,s sU per cents iglNstpu, w!llcl. Will
mature III Il few tHuntlls 'li,u bnnka still hold
EatktI per cent a'.0 ht,,ltls uli Fh.BUtu d pir
'"n IL Il! l,uslt. Hn wtlrl t,ltrrest uscclsr,I,
1tlri ,su lsnll Il IT " OF ltYI, which nru
lsto Annl'ie the Int af next sty, mud 340iu,UU
Il IT Isl. laynhlc tllu tst st ,HEullry ucxt, md
*bv,,;t:. 1s1C IL Of lXl. which uro rclpumablo tho
1At nf INly ,lsft.
All III t!'o Hl,l u l'Gr ertlt lAIs now lIe,t1 hy
lhe Nnth'Ital hhslkt, will thu exception IT thu
Pao,tlr i!u!lwny t'titlS. will mature 0 ur bufosp
Jul. !, 1871. Mld viii prlt,ahiy tc tvpurcd by
1, tHar!stIf lnicrcAt ut tr ~ t,cr cout, or BY
ts~ saItnls hereafter tu ha Issued y authority
Ut tsnlpn.ss snarf,Ia lrss r:ltu aI Interest.
l'Ile nit.s,Int tt lHnla Aull by tiln N,Itlunul
hunks ans.'l, 1GHl, VIA $4GIsl .::Ii0, nlll thu
nBuMl het1 lly nil,c: halIks nild l4lnkCrs oG tho
c.antry III tho ul,nve tablo Is $:s!S. .U5J, ,10i.
VIII HOLD THE tnfNl,a,
Tut tntnl uluus,ut hc.ll hy ut tho bapks ana
sunkers is shnwn urrr,xl tn ig tst,ry that,
tltlc-t -thnl Ut tho Wlsusu lntrrest-bearlng funded
debt Ut llo UnIlc.i stntts. NJ ruuws:
Suite hanks nn4 trust cunpan!ca, .,..2 4nA COT
rfuleh ~. !SI.A1U
vFiyNi1 hAilAuta. ACKNOWLEDGEMENTS. lb,.hJ54
NAltplnt uMNks...........,....,..,,. 4N,tayEj
Total. ,sa3I, ~, 81
!