The Democrat. (Scotland Neck, Halifax Co., N.C.) 1884-1896, 1894-12-13

trade dollar bullion
The total coinage OF all metals az
orr minis during the last fiscal year
of 60. 4S5.33O pieces, valued
at sl06 ZIG, 7sOO6, of which there were
800 749.9I2.5O in gold coined Si9S IN
standard silver dollars $6,O24 lio-5olh
subsidiary silver coin, and S'l',3l3.-'
in minor coin.
During the calendar year 1893 the
production of precious metals IN the
United States was estimated at 1,I39,-
900 fine ounces of gold of the CONNER
cia] and coinage value Of 1856, 900,
and 65.OOO,OOO fine ounces OF silver OF
tho bullion of market value Of SAC, 500
600 and of the coinage value OF STI-
$4,000.
It is estimated that on the first day
of July, 1894, the stock OF metallic
money in the United States consisting
of coin and bullion amounted to 81 ,2oo-,
Gao 95s of which SG29,973 POI was gold
and S624,347,7 57 was silver.
THE NATIONAL BANKS.
Fifty national banks were organized
during the year ending October 81,
1891 with capital Of So ,2S5 900, and
seventv-nine. with capital of $50, 473,
; 600, vent into voluntary liquidation, .
Seventy-one banks, with capital OF
So. ITO 900, were placed in the hands OF
roco;,erS The total number of nation
2 a, hanks in existence on the 3lst day
e of October last was 1856, being 40 less
D than on the 3lst day of October, 1898
e The capital stock paid in was $685., Oil,
365, being S9,97S ,49l less than at the
same time in the previous year, and the
l. snrnlus fund and undivided profits, les
e expenses and taxes paid, amounted t
; 1894 12l ,OS2. 20, which was SIG ,OS9, 7S'
of Iess than on October 81, 1898. Thu
& circulation was decreased 1,14l ,3bt
e. The obligations of the banks to eac-
s other were increased $ll7 1868, 1874, an
in the individual deposits we're S27| ,294
is 4S9 less than at the corresponding dat
IN in the previous year. Loans and oil
81 counts we're Sl61 ,2O6,923 more tina
s. the same time the previous year, ar
To- checks and other cash items we
ne 500 ,349, 1868 more.
In The total resources of the banks
H., the date mentioned amounted
S3473 1922 ,O55, as against $500 ,o6;
ed 2S436 in 1898.
6I POSTAL AFFAIRS.
cal The report of the pOstmaster-genel
vas presents a comprehensive statement
1u- the operations Ct the pOstOffice depa
,rts ment for the last fiscal year. The
,rts ceipts of the department during t
wear amounted to S75,OSO, 1904, a
the expenditures to YS4 1924 ,4l4.O5
)ro- The transaction Of the postal serv
ates Indicate with barometric certainty
80, fluctuations IN the business of
,ver country. Inasmuch, therefore, as b
ced- mess complications continued to e,
)aid throughout the last year to an unfC
1914, seen extent, it is not surprising t
ased the deficiency Of revenue to meet
,.S4 expenditures of the postoffice dep
pay ment. which was estimated in adva
ring at about IS, 100000, should be excee
by nearly one and aquarter mill
uO1ldTS. Lie tSCcltd 1CNSAANS'7
basis the last aear, which were the basl
eipts calculation for the current year, vii
rent correspondingly greater. though
will acknowledgement states that the la
lures indications are 80 favorable that
elicit confidently predicts an increase {
least per cent. in the revenues OF
current year over those of last year
y o1 The expenditures increase stea
:, and necessarily with the growth
!, 90 needs of the country, SO that the
!. do,. cheney is greater Or less IN any
o,, of depending upon the volume OF rece
,.,aa The postmaster-general states that
e7o deficiency is unnecessary and migf
Obyiated at once if the law reguls
= 600 rates upon mail matters OF the sc
H. class was modified The rate rect
for the transmission of the second
,,hiob matter is one cent per pound, Will