Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1882-11-30

and notes OF failed, hquldatlng and
reducing national banks, making the
total redemptions $40, ,l33, ,290, leav-
ing the amount nominally outstand-
ing at the close of the year,
$66, ,096, TO United States bonds
were redeemed during the year to
the amount of $166, ,204, ,450,
of which $60,079, 100 was
applieu to the sinking fund
The total amount of bonds retained
by the purchase redemption conver-
son, or exchange, from March 11th,
1869, to June Both, 1882, is 50, 49,.
549, $50. National Bank notes
amounting to S76,O89,32 were re-
deemed during the year, making the
total redemptions of these notes
under act of June goth, 1874, ST., 175-
735, 1872.
Commenting upon the foregoing
figures, Treasurer Gillfillan says:
The most noteworthy change in
the last year is the decrease
of the gold coin and bullion held by
the treasury from S176, 791, ,466 Al to
$153, OF, 964 IL, and an increase of
standard silver dollars from $685.
949,279 to $92, 2,025 $50, a decrease
of gold Of $23,743,6O229 and an
increase in silver dollars of $685.
076,071. Deducting the amount
held for the redemption of gold Ger.
tifcates, the gold belonging to the
government IN the treasury on the
80 b of September was $154, ,987,-
37l29 in 1879, $128, 160, ,850.77
IN 1880, $169, ,552, 746 Al in 1881,
and $148, ,14O, ,524.12 in 1882. Note
withstandlng the decrease in last
year the gold owned by the govern
ment is S2,000,000 more than two
years ago, the amount on hand last
year having been sKelled by depos-
It's of gold coin for exchange in the
West and South. Deducting in like
manner the silver certificates actual-
ly outstanding, silver dollars owned
by the Government was $50, 1856, ,054,
On Sept. Both, 1879, $35, ,345, 1868 /;
on the same date in 1880, $l3, 1857
839; in 1881, $28,699,97O In 1882
tue fund for the redemption of notes
of the national banks which have
failed, gone into voluntary liquida
ton or made deposits of lawful
money for a reduction of their Cir
culation increased during the year
from $31, ,152,713.60 to $38, ,507, ,092.>
10. The silver certificates actually
outstanding, after deducting the
amount held by the treasury from
$52, ,840,440 to $50, 1926, $50. United
States notes on hand from $28 .422,-
ITO to S32, ,918, ,256, and fractional
silver coin held from $26, 4,477 IL
to $29, ,429, ,246. The aggregate
amount Of gold and silver coin and
bullion held by the Treasury has in>
creased from $269, 706, 1876 In 1881
to $276, LA, $50 05 in 1882 The
amount now held is more than $53,
600, 900 greater than that held in
1879, and nearly $4,000, 600
greater than in 1880. The gross
assets of the Treasury increased
during the year from 1891 ,981, BOIL
to $346,552. $50 80, although the
balance remaining, after deducting
the moneys held for the redemption
of gold, silver and currency certif,
Gates, and for the payment-of the
matured debt and interest, and the
amount to the credit of the special
or trust funds ran down from
$15, 1886, ,116 73 to $143, 964, ,893 79.
The excess of the cash assets of the
government over its net demand
liabilities on the first day of Novem>
Der was $135, 15I ,688 80.
No loss of public money has oc-
Cured in this Office during the last
year.