The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1882-12-06
The U. 8. Treasury.

WASHINGTON, November n.
The annual report of tho Secretary Of the
Treasury shows the receipts of the Govern
ment exclusive of the public debt during the
fiscal year ended June 10 1880, S4O3, ,525 25O, and
expenditures, exclusive Of the redemption of
the public debt, of S257, 1881 49; 17,24 100 legal
tender notes, representing SIS01T,30l, were
counted and sent to committee for destTuc-
tion, and others issued in place thereof
The Comptroller of the Currency has com
pieted annual tables showing tho amounts OF
United States bonds held by National banks
State banks, Savings banks and private bank
ers ON the list of November, 1882, and also show
Ing the amount and distribution Of the coin
and paper currency OF the country at the
same date. National banks held on November
], 1882, an security for circulation aud for
public deposits and other purposes, $3.50, $685.
400 of interest-bearing bonds Of the United
States. This is nearly $30,OOOO 900 less than the
amount held on November I, 1881, ana about
STOOO,OOO less than for the corresponding date
in 1890.
Bank ing associations other than National
hold these bonds as follows; State Banks
In twenty-One States, SST39, ,I72; trusE
companies in five States, $l6,93i,sl2; say
ings banks in fifteen States, S23T,-
$50 AZ. There has been during tho pas, year
hold by tho state banks and trust companies
and AN increase of nearly 100000 in the,
amounts held by savings banks. The amount
held by the geographical divisons by these as
sociations in 1859 was as follows: Western
States, 200! ,24S; Middle States, $l9T ,239=
southern States, S26S,350; Western States, So,
369,il4; Pacific States, S20,G20, 175; tOtal $685.
4dO,i2d. These returns have been compiled
trom reports made by tho officers of different
States, which have been forwarded by thom to
the Comptroller.
The interest-bearing funded debt OF the
United States was in November hast Sl,4l9,0Sp-
2UO. The total amount of bonds held by. the
NatlohAl oltnhsr otate DankS anu slVlngs-Danhs
~ ~ lhe hearesI Corresponding date that could
be Rscertained was S676, ,3o7, which amount
is not greatly less than One-half or tho whole
interest-bearing debt. Similar facts have been
also asccrtafned from returns made by State
banks savings-hnnks and private bankers to
the Treasury Department for the purposes OF
taxation, showing that the banks and bankers
of the country, exclusive OF National banks,
held an average amount Of United States bonds
during the six months ended May 81, last, as
follows: Savings banks, S2i2,02S, ,Tf2; State
banks and trust companies, 1891, $50; private
The amount of bonds given in the rstuTns to
the Commissioner of Internal Revenue, which
Ia tho amount invested I'm United States bonds,
and may include premium as wCll as the prin-
Cipal of bonds, IS $lGG5O,OOO more than the
fcGrs. The difference is small, aud the
amounts obtained from one source serve to
turns obtained from the other
In referring to the distribution of coin and
I.lSrom NOvSmber J. iSSi f0 NSycohor I
1882, the production Of gold by tho mines of
the United states is estimated at Sta,3J0,O2l,
and the amount OF gold exported from the
country in excess OF the amount imported has
been $50, lSS,5H. The difference, S7,2.}B, 1876. is
the increase during tho year. The Director of
the Mint estimates that S2,1O0,O0O OF this
amount has boen used in the arts, leaving
S4,536,iS5 as the increase in the stock of gold
remaining in the country and available for
circulation.
The total excess of imports OF gold over OK
ports from the date of resumption 10 NoyeIn-
ber |, Ss2. has been SiGl,3ll,57S, and the total
gold product of the mint9 of the United States
for the same period il estimated to hayc been
Sl4I,5O9T5l. This is the first year since lST9
during which the expectation OF gold bas eN-
CCcded the Importation. During the last two
mOnths-SeptCmber and October, lSES-Lhe irl-
ports have, however, slightly exceeded thO oS-
ports.
The amount OF standard silver dollars
coined during the year has been S21, 1,GJT, lIi
and the total amount coined mp to November
l, 1892, since the passage of the law OF lcbru-
airy 28, lsia, authorizing their Coinngc, has
been $l2S, ,;20,SSO. The amount OF gold coin
held by banks January !, 1879, was SiO,OUO,O0O,
and on November l, 1892, $li2,OOOOOO. The
amount OF silver coin held by these inytitu-
tiOus mt the same date was respectively, sB,UAO,-
900 and SSO,O,OOn, and of currency, Sl6I, ,0O0,OO0
ana Sl3t,O0O,000. The gold coin held by the
Treasury on January I, 1879, was Sll2,0)O.O 600.
ana on November J, 1882. $llS, S,0O0,00O; OF silver
at the corresponding dates, SS2,OO0,000 ana
Sl23, ,ODO,t 90; and Of currency $4i,O00,00O and
S2j,O0O,ODO making tho aggregate amount OF
coin and currency held by the banks aud the
Treasury SJ52, AL, ,4I3."