The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1882-12-02
The U. s. Treasury.

WASHINGTON. November 81
The annual report of the Secretary of the
Treasury shows the receipts of the Govern
ment exclusive of the public debt during the
fiscal year ended June 20, 1882, $40 525, 25O and
expenditures, exclusive of the redemption of
the public debt, of $3.50 ,439; l7l2l, 1856 legal
tender notes, representing $7S,0T7,S0l, were
counted and sent to committee for dcstruc-
ton, and others issued in place thereof.
The Comptroller of the Currency has COM
pleted annual tables showing the amounts OF
United States Bonds held by National banks
state banks, savings banks, and private bank
ers on the lst of November 1882, and also
showing the amount and distribution of the
coin and paper currency of the country at the
same date National banks held on November
], 1882, as security for circulation and for
public deposits and other purp ses $3.50, 49,
400 of fnterest-bearing bonds of the United
States. This is nearly $30,000000 less than the
amount held on November |, lSS and about
S7,0O0OOO less than for the corresponding date
Banking associations other than National
hold these bonds as follows: State Banks
companies in FIVE States, $l693i,Sl2; saw
ings banks in fifteen States, S237-
1854 There has been during the past ear
a decrease of about S2,OOO,OOO in the amount
and an increase of nearly S27,0OO,0JO in the
amounts held by savngs-banks The amount
Helu ny the DIVISIONS Dy these aSr
soolatons In 1857 was rs follows Western
States, 81, ,24s: Middle States Slg7 l35 23g:
Southern States, SEQ; Western States, S.
369,4l4; Pacific States 500 o. Us; total $685.
46O,42B These returns have been compiled
from reports made by thu officers of different
States, which have been forwarded by them to
the Comptroller.
The interest-bearing funded debt of the
United States was in November last SI,4l8-
0SO,2Ol. The total amount OF bonds held by the
National banks, State banks and savings
the nOn1inU or
could be ascertained was S6T6, 6}9,357, which
amount is not greatly less than one-half of the
whole Understanding debt. Similar facts
have been also ascertaned from returns made
by State banks, savings-banks and private
bankers to the Treasury Department for the
purposes of taxation showing that the bankR
ana bankers of the country, exclusive of Ma.
tonal banks, held an average amount OF
United States bonds during six months ended
May 81, last. as follows: Savings-banks, S242-
0ss,7s2; State banks and trust companies, S23-
2ll ,430; private bankers, $14,S70,745.
In referring to the distribution of coin and
paper currency, the Comptroller says:
"From November /. 1881, TO November l.
1882, the production of gold by the mines Of
the United States is estimated at 8,35a, OIL
country in excess of the amount imported has
been $50, l22,5 B. The difference 81 2:}6 ass, is
the increase during the year. The Director of
the Mint estimates that S2S7O0,0OO of this
amount has been used in the arts, leaving
S4,53o, 4e5 as the increase in the stock of gold
remaining in the country and available for
THE total excess of imports of gold over ex-
ports from the date of resumption TO Novem-
Der 1882, has been Sl6l, BLISS. and the total
gold product of the mints of the United States
for the same period is estimated to have been
$l47 ,5Oo,O2I. This Is the first year since 1879
during which the expectation of gold has ex-
ceeded the importation. During the last two
NOTWITHSTANDING and October, lss2-the inn
ports have, however. slightly exceeded the ex-
ports.
The amount OF standard silver dollars
coined during the year has been S2T,657, IFS,
and the total amount coined up to November
l, 1882, nee the passage of the law of Februa-
~ %, 1873 authorizing their coinqRe, has
been sl2s, $50. The amount of gold coin
held by banks January I, 1879, was $40
100000, and on November ], 1852, $l12-
100000. The amount of silver coin held
by these institutions at the same date was,
respectively, 5000 900 and $e,00O,0O0, and
of currency, $3.50 1000 and sl34 100000. The
gold coin held by the Treasury on January ],
1879 was $ll2,OOJ,0O, and on November l. 1882
Slis,O00, 600; of silver at corresponding dates
s32,000,000 and $l2}O00,000; and of currency
$40 1900 and S26,0J0 ,0O0---making the aggre-
gate amount of coin and currency held BY the
banks and the Treasury s552.447,4T3."