San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1882-12-07
GOLD, SILVER AND PAPER
Synopsis Of the Report, OF Comptrou,, y,

| i'Poi' VI 'iio comptroller Of
the Currency contains tables SHOWN
the amounts OF United States bonSss
held by National banks, state banIa
savings banks and private bankers on
the lst of November, 1882, and also
showing the amount and dishibut;oV
of the coin and paper currency Of ha
country at the same date. National
banks held on Nov. /, 1881, as ss
curity for circulation and for pubI.
deposits and other purposes, $500
53S, 400 of Understanding bonds of
the United States. This Is nearly
$30,000,000 less than the amount
held on Nov. l., 1881, and about
100000 less than for the CORES.
ponding date in 1880.
|" Banking institutions other than
National hold these bonds as follows.
state banks in twenty-one state, S..
739,172; trust companies in five states
$16,334, S12; savings banks in fifteen
states, $237,786, 442. There has
been during the past year decreas.
of about $2,000,0O0 in the amount
held by state banks and trust com. =
panies, and an increase of nearly S27,.
900, 900 in the amounts held by say.
ing banks. The amount held BY
geographical divisions by these assc.
Citations in 1882 was as follows: East.
ern states, $42,667 ,24S; Middle states,
$197,175,239; Southern states,
$268,350; Western states, $780,.
Ala; Pacific states, $4,000, 275; total,
$263, AGO, 426. These returns have
been compiled from reports made by ,
the officers of different states, which
have been forwarded by them to the
Comptroller. uern p"
Interest bearing funded debt of the
United States was in November last
81, 418,OSO,20O. The total amount
of bonds held by the National banks,
state banks and savings banks at the
nearest corresponding date that could
be ascertained was $676,639,957,
which amount is not greatly less than
one-half of the whole interest bearing
debt. ...
Similar facts have also been ascer-
tanned from returns made by state
banks, savings banks 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 six months end.
ing May LIST, last, as follows: Say
ings banks, $42,029, 1872; state banks
and trust companies, $23,211,43O;
private bankers, $14,S7O,745. The
amount of bonds given in the returns
to the Commissioner of Internal
Revenue, which is the amount invest,
ed in United State bonds, and may
include premium as well as the prin-'
cipal of bonds, is $16,6OO,OO0 more
than the amount obtained from re-
turns to state officers. The differ
ence is small, and the amounts OBJ,
tanned from one source serve to cor.
roborate the general accuracy of the
returns obtained from the other. In
referring to the distribution of coin
and paper currency, the Comptroller
says:
From Nov. 1, 1881, to Nov. 1, 1882,
the production of gold by the mines
of the United States is estimated at
$44,359,O21, and the amount OF gold
exported from the country in excess
of the amount imported has been
S36, 1926 The difference, w.
236, 1876, is the increase during the
year. The Director of the Mint es-
Inmates that S2,7OO,OOO Of tins
amount has been used in the arts
leaving 81, $50, 495 as the increase IN
the stock of gold remaining in the
country and available for circulation;
The total excess of imports OF gola
over exports from the date of resump-
ton to Nov. 1, 1882, has been 9lol'
311, 579, and the total gold produce
of the minis of the United States lOi
the same period is estimated to have nave
been STAT, 5O9,021. This is the h1s'
year since 1879 during which the eA,
portation of gold has exceeded the
Importation. During the last twS
months-September and OCTOBER
1S82-the imports have, however,
slightly exceeded the exports. line
amount of standard silver do Hn1
coined during the year has been 9Zsi
G57, 175, and the total amount cOlleu come.
up to Nov. 1, 1882, since the pasSass
of the law of Feb. %, 1875, aatn ao
izing their coinage, has been SIC,
800. $50. The amount of gold eUln
held by banks Jan. 1, 1873, was az