The Red Cloud chief., 1888-11-30

WSsts. esswt ESQ C0~4siss - 80
rs~sssss 90 the Gb~ss - sAs lAss ~
eat Sssr-vhe SesSs a~essSss 80 -
V~ssstas~A
wAssfssros. Nv. a-Cai:~i ssa,se
Treasurer dra;; ia his aaszal rspofs *
Tie operations au-!ee The year - era.
dsssoa o. the vrasaye q: the ciose o: kss
s.eAl year eaa.d Jsns -. i~s r~rs-ss
the ae; .cv~zre % tAs GSv~snnens sse
,h- y-n. 80 ssAe.a aae iss ses sar>a.
a;izye~ ss.s -, sai: ;as sus P,as -eo~srss
Avsilshl~ :Sr the reaac.isa ~ tas yselso
d-b: b~sag slit. ni.s1 Al sscr~ass q
f'ssl.I - ever TIE rear e-ssrs. As era.
rar-. with u.s.; the s~s-aass set.
81 -. greater. AL ;se 81 rc1it;Gres>-. Z.
81 -.& Tie reasa- tala.c~ Increased
aar4as IRE yrar from $a:.sS ~ - st.s-
Stt.sf. T-- n-t change a. SshSs ~s ! .
tie halanc- vac ptcIucci b. "a iscr~ass
90 sJ;.i.6 &C. IN Ito ..s-t. aai aaecSeAss
@: ~ "a s< ia the iiAtilgtsea TIE silver
bsl.nr- foil os more tEaa ss-ea an
TIE principal inc-casr 81 asset. 90 "a
raii-i S;si-. notes AMI deposits IA >s.
,oaal banks. ani the Yriaeipai a~erssse
80 iiabili,lr, Ia a.. pablo deb, aad ihs
'unis !sr the re1empiisn - National
bsrk notes
There ~as . ret de~ssa.- % ~
during the sscai year Ia TIL principal q:
tie interest h~arin.iesi To- total rur-
cEascs o: boai. :os ,h- sinking !sst
aa3 out o. surplus r-v~auV. serr ST.
tsi. SD: the net pr-mian pad. -sciss ~
90 accrued Interest bsiue $500 ~. "a
The gold ant silver ooia aad 1eI.soa IA
the couptry, Sni all kids -. so,es sas
certificates Outstanding ca jaac -. is>..
amounted % ~ 80 20 -. sni Ga Juhs
3. Is>> tn >sOaI3a. o., Tas stock To-,
gold aud silver ~iacrsA,.i iIrinc Ia y~a-
from Sl.o:.3i5sI tn 81 -. 'L@f 81.
mostly H. gold tbs !ucrea,s "a tts w.
u-r- 81 the pa'rr circulation wss ST.
s-iio. --sa!tas from an !acr~ts- =
tiip 8l9a3 IN tae aEolat - c~ria'A -.
aud = total .aii.u. - -. so 40 "a - a
d total notes "a trtcttsaa! e1rreacy.
Th~ rcd~mpitous - UI.tcd state, Est~s
a. the Treasury darn: ia- year Ruoant-
81 To So Sausl sIEc~ The T~satupttaa
a., specie payments. caly So USsi4 Aav.
been rra-cn~t Ia gold VISA th7 ~
crease @. CON cert arAlcs q. W4lCa thcfs
are uow more than - Legal t~ud~ss. 10
IMPORTANCE 90 The latter - tAs rifCutz-
ton has dccilarl Inc denaUlgatsGs
below $40 are tr.gS tispl.crt ~ st.ssr
certificates. and those above >itr largely
by gold c.rtlG -at~s. The ve!amc ot god
certificates out.iaai * incTcs-~i ts'-
6SG,SJI reaching siI. 1-liSi, thr hssarst
lotat y-, noted a. tic end - auy Heal
year. Taking iutp acrouut thu iecrcass
q. the amount IN the Treasury TO total
increase ~ the Circulation was 80 OH .itt
There were issued slJa. ~s,0D .; silver
certificates. mostly 90 the demon.
nation. q. >io aai uader. aud s:i.
az SIS were redeemed Th- am1unt "a;-
standing Increased from va. -
Ss.s. s9l. - TIE increase Ia the actual
circulation was 81 tli. 80. l, hal been
impossihi. 10 meet the d-ma5i '"r tho
denomination. % oae AMI tive dollars.
and Ia consequence their issae sa> sus.
pended b~iwe-n Octohsr =. ts~.. anj
February I l.sS S.nc- the latter da'c
the treasurer has been able. most ~ tho
lime. In furnish them ss they have been
asked for. The Collage % silver 1plisrs
during the year ainountci O. 50 81 sih
makin. the total eoIusg. 80" t!s.' %
The increase cf the net distribution ~ss
only So. i5G, owing To the scarcity ~ Gu"
and two-du!Iar notes. and the demand !"r
the movement 90 crop,. Nearly $4,000
were drawn iHfo circulation between MAY
and November. i-~.. but WHOM tho not"s
we're again To be hal. thc dollars cam,
back 10 IN. treasury A. 'as, as they had
gone out.
Tho Treasurer 10 % the opinion that
the ycopl. have all - these coins they
want or are willing - take, aa3 recon-
m,nds that u the purchases %. silver NJ"
To- continue the buliion b. pat Int" III,
form % heavy bars or iu-ot.. arguing
that the present supply % do!lHrs viii to
sufficient fDr any demand there Ia HEY
to be- for them. and that any incrSas@ ~
the certificate. circulation coulI te basel
with psrte Z safety IA the uulou metal
The amour, "a: fractional silver coin "a
the tr.ssu, has not chan ;~d much siurs
the first accumulation alter the fesumfs-
ton - specie payments % little more
than >eGssi.JD held on Jane ~ i">. 80
a.pD. 90 wa. In ~half.dollars. aai only -.
~ 600 Ia other p,ecss. The Treasurer
points on, that this proportion, ~hira
does no: vary much from year To year, 10
excessive. aud that something IKE
Sla on. 90 in nfty-ceni pieces That
arc not needed for circulation Val :osb'.
less have 10 be carried by the Treasury
ursii they are recoiasi into other dc.
nominations or absorbed by fhs growth
of business
A, III. close % the year. the Treasurer
held $I.s. ai2 GO OF CsIiei states bonds
so secure National bank csrosi s;ion. aud
Tss,iAoo TO secure puhiic moneys hold
By depository bsuta There sss . d.
creass dsrinS she year az sisSan" -
the amount % the former. aai "a la
er.as. o! 81. ca 80 Ia the sraosn' 81 the
latter. There v.s ~ .l:.3ii q: paslis
,noney held by ih- baaks, "a increase %
$a5. 3sa GA