Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1893-06-29

WAsHiNGToN, June 2l.-United States
Treasurer Morgan to-day received cable
gram from London stating that Barring,
Magoun d Co., of New York and London,
had shipped stnOUDO Of gold "a the United
States. This is the first shipment of foreign
gold in any considerable quantity to the
United States during the present month.
and is looked upon as showing that the
tide in gold exports from this country to
Europe had turned.
4 During the II months beginning July
list, 1892, and ended May 3lst 1888. the
amount Of gold shipped from the United
States 10 Europe, according to the figures
furnished BY the Bureau of Statistics,
Treasury Department, amounted to siOj
e6595O. During the same period gold was
imported from Europe To tho United
States to the amount Of $50, lGi,R0 leaving
balance against us in that period of
f6,UDOBO. During the five months Of the
present calendar year beginning January
aud eiided May 3lst, the amount Of gold
exported was 81 ,O63.Oli the imports dur
ing the same period being $40, 7i1, 36l, or a
balance against us OF 6l,uUO,GO in round
figures. For the past three weeks no gold
has been exported from New YORK to
Europe and rs u consequence Of natural
accretiOn, the Treasury Department has
been gaining gold during that period. the
net gold balance to-day standing ut s9i,
050,3lO
READY 10 ANTICIPATE jelly INTEREST.
In the building up of this gold the Treas
ury Department has redeemed nearly
S6ODO.OuO gold certificates. the amount out
standing to-day being S9SO1O,OOO against
S1Oi. OOUOOO On the LIST of June While tie
receipts and expenditures OF the Treasury
Department have kept meek and neck"
during the month the expenses being
quite heavy, and the receipts slightly less
than usual, the stated balance TO day is
SIG l2U4l5 OF .hIs amount, Sl2, 253. go is
III subsidiary silver aud minor coin and
Sll,D2l,mu in national bank repositories.
This statement shows thai the treasury
is provided with good working currency
balance. 50 much so, indeed, that il Is
probable, though as Yet not determined,
that it will anticipate the quarterly interest
due July LIST on the United states per
cent bonds and Pacific railroad bonds, and
pay this interest next week,
Treasurer Morgan says he is in good
CONDITION to do this, and only awaits the
direction OF Secretary Carlisle to send out
the interest checks. Many Of these are
now made out, and it is probable, should
Secretary Carlisle decide To- anticipate the
Jnlyinterest that most Of the checks could
be prepared and sent out by the middle OF
next week.
The only object in anticipating the in
terest, which IN point Of fact would be les!
than 10 days, would be to relieve TIN
money market to the extent Of the interes
paid This would release S7,0OU,UOO nov
in the treasury, and Put like amour
into active circulation i'll the business cen
tres of the country.
INCREASED BANK CIRCULATION.
The demand for money and the low
price of bonds are promoting an inCreas
in national bank circulation. Wherca
from May lst 10 May 2lst last the comp
troler OF the currency shipped new ciTCu
lation amounting only 70 sGi3,3lO, he ha
shipped from the lst Of June until tO-ia
81, 800, go new circulation. The tota
amount Of new circulation ordered 70
issue since June LIST, is S2,O20,OOO,