The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1893-08-11
THE TREASURY.
The Gold Reserve Goes Over the eiooT
100000 Mark-Treasury statements

The Gold Reserve Goes Over the eiVoS
600. 600 Nark-Treasury Statements
WASHINGTON. Aug. S.-For the hrss
time since April 10, when the gold re-
serve fell below 800, o0o. Oo0 the reserVe
has been made intact. The gold IN the
treasury. exclusive of that held as q
basis for gold certificates amounts 10
s1Oo. 7e1. $40. or s79I, $40 free gold ms
gold has come into the Unltea states
from Europe. Mexico and the west IN.
dies. much of it being the gold sent ous
from the United States during .he la0o
spring and early summer months IN
formation received here in treasury CIR
cles indicates that SO, 100000 IN gold
is now On its wav from Europe to the
Tinted States. and most Of this 1t IS
expected. will find its way as usual lEto
the treasury
While the gold reserve, however, Il
intact and free gold is climbing up,
the treasury net balance Is declining
the stated amount being Il. l2li Veo'
OF this ba lance about s12.oO0,OOO IS IN
national bank repositories and the bal
ance in subsidiary silver. The receipts,
too. for the past few days have been
disappointing. the business troubles
throughout the country having an
effect upon government revenues
These troubles are receiving the closest
possible attention by treasury officials
and everything that can be done IS be-
ing done to relieve the situation Sec
retarv Carlisle. though absent from
the CITY. Is IN communication with the
treasury department by wire. and after
a conference in New York with emf
nent fuauciers. directed Acting Score
ta-v Curtis TO send the following tele-
gram to the $50 national bank depos-
tories throughout the United States;
Your authorized balance hereby
fixed at par Of security. Transfer ex
cess when practicable to nearest sub
treasurer.
This action OF the treasury depart
nlent will release TO the banks about
$500. GOO. and Is intended as far as prae
ticabIe 10 relieve the financial strin
rencv prevailing in the country.
According to former regulations eaef
derositorv hank was permitted 70 holC
government funds to the extent OF iron
90 TO - per cent Of the United State
bonds deposited to secure the same
This action OF the treasury permit
them to hold government funds to III
mar value OF the government bonds o.
dep1sit and II i believed viii effect 1
2 slight decree. at least, the improve
neut in the financial situation
The circulation statement issued b
the treasur- department shows tina
the amount OF gold and silver coin ce1
tifcates. United States notes and n,
tional bank notes N circulation Angus
was 2.GI1. 099. IL. an increase durin
the month OF July OF S17.25..j36- II
increase during the last twelve month
in round figures i -. 600. O0O. The p
caDita circulation, based on an est
mated population OF 67.O0o,uo0 AuEu
I. was S2+-03-
OF the s2.I23 ejS.649 OF the gener'
stock Of money issued. the amount
stated i in circulation. leaving s5la
SO. 632 in the trea sury Of the Unite
States on August I. as follows: Go
coin. SIO5. $50. 635; standard silver DC
lars. Ss6S. IGS.46I; sub-treasury sIve
So. $50. 20: gold certificates. Si'-
silver certificates. s.. s+3.114: treasyl
notes. act July y. 1890 S+.9i-.-
United states notes. SZ2.2S6.6l2; ca
rencv certificates. act June 5. -
sass. 600: national hank notes. 5000. -
The following statement shows Z
changes il circulation during July;
Gold coin. increase, SIS, 206,2ii: stan
ard silver dollars. decrease. Ss95. .
subsidiary silver. decrease. Si.So3. !
gold certificates. decrease, S5.;,1s, q
silver certificates. increase S3-6.'i--
treasury notes. act July II. 1920,
crease. S5.5IS. 72I: currency certItcat'
act June :. 1872. decrease, Se.0S0.G'
national bank notes, increase, -, -
SIS.
\ comparative statement shows t.
the treasury lost during July 81 92s,6
as follows: Gold coin. decrease So -
2q7: standard silver dollars. increa
sS05. -: subsidiary silver. increa
sec. 500; treasury notes act July
1890. decrease. =. O16. 323: United sta
notes. Increase, SS,5IS.72I: nation
bank notes. decrease 1865. 50: gold b
lion. increase. -, TO+. SIS: silver bulk
increase. SI03.9I5-