Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1894-12-04

the time when further payments ceased ny
operations Of law. was se6s, lBs4. The total
expenses incurred in the repayment Of the bounty
-. II IS estimated that upon the basis of our
present revenue laws the receipts OF the gov
June a. is viii be Dsssnt nss se and is eng
penditures S4i4 Az, 1854, resulting in deficit
Our Per Capita wealth.
On the first day Of November. 1894. the total
stock OF money of all kinds in the
country was s2sI1. 49, $50 as against
s AZ 81 slS 600 ,S on the first day # Ngysnber;
circulaticA or not, included in the treasury
holdings ~ss 81 81, Oa8 4s.. or se4.7 per capita
the same date there was held in the treasury
gold bullion amounting to S4.6l5, 1...55 and
SILVER bullion which was purchased at q cost Of
dor the act of July "a 1890 ceased on the Ist
day OF Nov. 1888. and up to that time there had
BE- been purchased during tine fiscal year u .el7
average cost Of So. 7:sis per y fine ounce. The
total amount OF silver purchased from the time
purchasing clause on t d date mentioned o. was
~. 6.4 .dS 50 fine ounces which cost SIS, $751;,
x Sa, the average price per fine ounce being
dollars coined at the mints of the United
ss1 si m, the passage q the act OF Feb Is
coined under the provisions Of that act s;ss.-
% .i45 under the provisions of the act of July
u, 1890 and s5.o.s.4:s under the act provid-
ing Tor the coinage of trade dollar bullion.
Coinage of the Mints.
The total coinage Of all metals at our mints
during the last fiscal year consisted of 63 4so I'D
peices valued at SlO6. PIG 73O.O6. of which there
were S6. A4sl2.jD in gold coined; S.5s in stand
ard silver dollars 5e4 14O 80 in subsidiary sill
YER coin. and S1l6.sls.3 81 in minor coin. During
the calendar year 1888 the production of prec-
ions metals in the United States was estimated
l1'f9..Ez' fine ounces of gold of the commercial
ana coinage value OF 1883 con, and 61.000,0D
fine ounces Of silver of the bullion or market
value OF Sf6.SD,OO and of the coinage value of
Sn;5GuM 1t is estimated that on the LIST day
OF July, 1884. the stock of metallic money in the
United States. consisting of coin and bullion.
amounted to Sl>5l $40 as. of which $627 ,9S I'll
was gold and sur. 37, Isl was silver.
FIFTY national banks We're organized during
the year ending Oct. 81. 1884,, with a capital Of
S5,.S.,tG. ard seventy nine with q capital of
Twenty-one banks with a capital of 81. U0G0.
were placed in the hand of receivers. The to-
tai number OF national banks in existence on
the 3lst day of October last was 3, III. being
forty less than on the 3lst day of October.
IS:Ei; The capital stock paid in was S5s2 81 :
40, being 50 61S. i9l less than at the same time
IN the previous year. and the surplus fund and
amounted TO S3Ai2f ,0Sl.l0, which was
Slt,oS9..S less than on Oct. 81. 1873.
The circulation was decreased 81 al .5SS The
Obligations of the hanks to each other were in
creased Sl1. lis 81. and the individual deposits
were 81. .:5l Ash less than at the correspond
ing date IN the previous year Loans and dis
counts were Sl6i .a6 a:3 more than at the same
time the previous year: and checks and other
cash items We're Sal3i9. a63 more. The total re-
sources Of the banks at the date mentioned
amounted to S3.4,3,9se.,U5, as against S3lU9,-
ipsl, ..S4 30 in 1895