Dodge City times., 1891-12-18
Cssh balance available

June - isW.--.-.. SIN, ,5Z6. NA6
With reference to the circulation the re
port says: 'The stringency in the none!
market during the summer and autumn o
1890 was relieved by the prompt and effectiv,
measures OF my predecessor, and happily
disappeared without producing the sravt
consequences which were feared by the pub
lie; but its existence, and the widespread
apprehension which IL caused. induced q re
vival Of the erroneous idea that the volum,
of money In circulation was not only made
quate to the needs OF the country. Tut wa
very much less per capita than during th'
so-callei flush times which followed fhs
civil war.
been published by the department monthly
since April I. 1857, contains in tabular forn
full information on this subject for the dates
specified, and has proved to be q valuable
addition TO the regular reports of the de-
partment, but In the absence Of statement,
in the same form for the preceding years q
comparison by the people has been i'm prac.
t.cabie, and the mistaken opinion that thers
has been severe contraction of the money
volume found ready acceptance. This fac
became apparent through rtcrs which
were received from all sections OF the coun
try, and moro complete Information or
the subject was accordingly published by
means OF a statement which was printed in
August last, and has been sent BY
mail to those who ask for Il Tn,
tables therein published appear in
their appropriate place In this report ant
are reproduced without change, except as "a
the table for July l. 1891, which dispisys the
revised figures for thar date. including bull
lion in the treasury. BY the revision Of
these figures the amount of money per
capita July I. 1891, has been found to be s23 Il
insteaj of &2aG
The amount OF money In circulation has
been very largely increased since the close
OF the fiscal year The amount July !. 1881.
was Il, go ,ls0. .7y7, and the amount per capita
was s13.4L The return Of gold to the United
States. the operation of the silver act of
July IL. 1880 and disbursements by the treas
ury on account Of the az per cent loan
pensions, etc, have enlarged the volume to
$.55, ,2sz, 90 mud the per capita amount to
$1l 3s"
Tho valae OF the gold deposited at the
mints and assay Of1ices during the fiscal
year 1891 was $3.50 .67a ., o: which sss. 49,
soQs2 were original deposits and sll .is6. .s77. IS
were redeposita OF the original deposits
tsl.5s5. ils IS were the product OF our own
mines, 81, ,sil, i2S.e6 foreign coin ana bullion.
sss3 ss7l; light weight domestic gold coin
and 81, ,gss, ,7I0.l5 old material The deposits
and purchases Of silver aggregated Il. 0f3
0sas2 standard ounces. OF the cOtuing value
Of IS, la 81, including Loo. 7J7 81 stand
ard ounces. OF the coming value OF Sll Ga.
15e 81 redeposits.
OF the silver received Is y i7ss.ls standard
ounces Of the coming value Of .6s, s06 9ss OF.
were classified as OF domestic product; L
lsA, Isl standard ounce,, OF the coming
value of s., ,ssa 0SQs1, we're foreign silver bull
lion and coin; 7os, ,7sAel standard ounces. OF
the coming value of Ssso.6sAss. verc uncur.
rent domestic coins; rs. q standard ounces, |
Of the coming value OF S.7so o.. were trade |
dollars. and 20. .llA o. standard ounces. OF the
coming value Of ssis. .sla II. eonsisted Of old |
Dlafe feWelry etc,
The coinage of the mints during the year
was the largest in the history Of thc mint in |
this country, sgsregatfng liasG7,s'7 pieces. |
valued rs follows:
Gold, 81. .3oAso; silver dollars 50 n. sos;
silver. s3,0o9, ,7l6 Is: minor coins.
q, ,i66, ,oe6 50 Total, s3yell. lsasa
The number of silver dollars coined du- |
ring the fiscal year from bullion purchased /
under the oct OF 1873 was S7so.=27: from /
bullion purchased under tbs act July II. ls9.,
4, M l7s: and from trade dollar bullion. 200.
900, q total Of 4, m, s91 silver dollars, upon
which the seigni0rage, or prone was, S617l,. /
~ q The profit ON the subsidiary silver /
coinage OF the year was Ga, ,Ssk4a. . total
Deiguiorage OF 63ls. 767.9o Tho net profit /
on the coinage OF silver during the thirteen
PEARS ended june %. 1891. including the bal
lnce in the coinage mints on July I, l.7s.
has aggregated 81, ,ssA Asso =
The total amount Of silver purchased under
Tho net OF July II leeo. from August "a 1880,
10 November I. lssl, was e6.sss. SIS nnc oun-
.es, costing s1,D4sB. an average cost OF
rs per nne ounce.
In referring to national banks the report
'ays: 'The last report OF condition ex-
aibits the liabilities and resources OF the
banks on September y. 1891 At that date s..
"a associations reported an aggregate capi-
al OF S677 .l3s,s70; surplus. sal. Sc. se6: and
profits, SIG, ,3sl 67k The gross de-
,osits. including amounts due 70 banks. are