The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-17


lsleo and from July ], 1895. TO Novem-
Der !. 1926. the number OF dollars coined
from bullion purchased under this act
was ninety C0,. consuming $3.50 ounces,
fine, costing y63. with "A seigniorage OF
81.
The total coinage OF dollars from bullion
purchased under this act TO November ],
1895. has been ssO.oii.0-4. consuming D.
81. SIS 80 ounces. fine costing 3d. ssi, oSo.Si'
with a total scignioraRe OF tS,252. 5os.5p
The net profit or seigniorage on the
! coinage Of silver during the seventeen
wears ended June 30. 1895. including the
balance In the coinage minis on July j.
1875 aggregates S75.6iSS3.N.
| Gold bars were manufactured by inc
minis and assay offices during thc hscai
| year to the value of $i3,i5S,3'O.sl. anu
| silver liars TO the value OF s05n .5i.2S. =
The average London price OF silver pui-
| lion during the fiscal year 1870, was -''l
| pcncc. equivalent to $0.cSlsS. the Nc"
| YORK nrice was soci2l3 The highest price
reached WIS 81 sS057. on April j., 1872 anu
the lowest. sO59s2i. on December =, leJ''
AT the average price the silver Duliioh
! during the fiscal year, the ratio OF eoiu 10
silver was 10 32.5, and the bhinoh Naiuc
| Of a limited states silver dollar was
| a. sq1eS The number OF grains OF pure
! silver nurchnsabe with United States
| siIver dollar was 1916, equivalent to l'o'-
4
ounces, ine
IMPORTS AND EXPORTS.
rho No, cold exports for the iisca. year
! were S31.ll1.3lb as against Sf'i'-'o'' '
| previous year. 90 %, -oo
| -rhe net silver exports were sZiool'' o''
as against SCI. 041. 359 for the previous year
Tho value of gold and silver used III
! the industrial arts IN the United S'a'es
during the calendar year 1891, was, ap-
proximatcly. s2i.J4leS2, OF when HiV'0'''
'rb. amount of new bullion thus con-
suoed was. gold. S6,43o.07S. silver, sS'o'' ~
| Tho total estimated metallic stoch III
The United States on July ], lss'' was
reid $3.50. 1913: silver. 1874, 'ol.4SS; 10
| tai Of 81 $50 ssi.Jo5 .,,,,rr
| PRODUCT OF GOLD AND SLY FIX.
| Tbc estimated production of gold ana
silver in the United States during 'ne
calendar year 1894 was as iolo"S' ,..,,,.
Fine Commercial COMING
Metal ounces. value. yatue.
cold Cold 1eIo.Hs Sse5o,oco $500 ge 'o
silver 40 10000 ;l.i22.O0v vi'No'VV,
Tbe estimated production OF foid anu
sil,-cr I'm the world was, gold, Slo''o-''i'
euver s2i6 se2. 2op. a total of So'''oiS'ovo'
WOLLD'S COINAGE.
rho coinage Of gold and silver by the
various countries of the world 30 a. 60,
as The information has been rScoi w. oo o.
the calendar year 1875 "ds' $50, co,rag.
os2. and silver. SllSo95.'ss' toili oo''"e'
o. S34l. Olb,s20
rr,r WORLDS STOCK or MONEY.
The total estimated metallic stooH -
,,.o,1d on January /. 1885. was: Goa
"a oSs Sco On1. fun legal tender siiNei
e. ,so S0o ooo. limited tender silver so Dol,
ono ooo. q total silver stock OF N'u'V,S'V'VVv
nd uncovered paper. S2.ibs's"VvV'
grand total of Sl0.62' .20O'oOo.
NATIONAL BANKS
Tho report of the Comptroller oil III
o,,,rrancv shows in detail the operauoh
Of the Bureau during the year enoeu oo
, tobcr 81. 1898, with respect 10 'ie Vi az
ization. condition. and manageneh' o
, all active and failed national banks an an
, banks. banking companies anu say I"s
institutions organized under ,he laws
The several States and Territories
. since the granting of the first certi
6cate of authority on June 20 lSo5' III
. ,otal number of national banks organize
y has been 5O23 making an average 10
U Zach wear of 49, OF this number, 'her
y were IN active operation on octooer o
iSo5 :. ia. having an authorized capita
y | stock of 1864. 1885, l5. represented oy -oo,i'
shareholders, or an average capi.al ~
each bank of $l7N,02. the hummer
shares 10 eacn -'loo az" '''
u shareholders -. 80 =, ,on,,
org.nized. located in 20 different STATE
Z with an aggregate capital stock OF S;o'o
: ooo OF these 2S. with capital stoch
% 40 900. are located In the mortimer" az
M northwestern section Of the country, az a,
n n with a capital stock Of 2,S5oVoo' III u
NJ south and southwest.
3 NOTES IN CIRCULATION.
- Tho total amount Of circulating not.
% outstanding October 81. 1920 was S-l''oo'
5 SEQ os which amount $l9OlS,sol was 3
= c,,red nv United States bonds and 20
?. 7os. GEO by lawful money deposited WI
~ rrcasuror of the United States.
III not increase in the amount OF CT
a o,,lation secured by bonds during u
# ,oar was lO.779597 and the gross lncrea
= i'm the total circulation was Sb'o--otv.
= THE total resources of the nauoh'
IS banks on the date of their last rep sn 20.
e condition. September - 1879 wa S''1-'
n 600 ZAP g. OF which S,OJg AVs'iV--S' lepi
e | eeoted leans and discounts, ana so'''o'
IS sSo 81 money of all kinds in bank. I
g ,bsir liabilities. ST. 7Ol $50 .el.2S represent
A. | ;,ai,.idual deposits. $685.. SSS,3Jl1 sufpi
"a and net undivided profits. and SIZES
= 40 IN outstanding circulation secured
rs bonds 80, 90. ,o,
s. pared Win me HuiilpNi D" W =, e
al ING the year 1894, decreased ii IN IL
- with a corresponding decrease IN cdpi
stock of s6.4SS.12O. The number organiz
he during the year is less than in lsgi' a
Re the number going into voluntary hiuO
- ton y less. 1900, san,
s. the number of banks Incorporated uh'
lv tho lews of the various States Tor !
he ,ear ended June 80. 1895, was $685. a
he the number from which reports were
o. coived is 5033. Abstracts OF these
as ports. properly tabulated and classih
In ere given in the appendix TO the repo
ct In addition TO the above reports w
nd received from 1910 private banks
r. bankers. and from 1888 state and 50
ings banks and loan and trust companl
- | being an increase of 800 over ma
- CONDITION OF THE TREASURY Al
THE CURRENCY.
III At the beginning OF the last hs'
:. year. July /. 1894, the cash balance
IN The Treasury, excluding all current liza
W uties. but including a gold reserve
~ Ss4. S73. O24.Os. was sll7.5A 1913. and at
close of the year. June 30. 1879. the ca
balance. excluding all current liabiliti
he | but including a gold reserve of NOo,eo'
al was 1885,. $40. 1881, showing an increase
e. S77.657 INA. The excess OF eXpendltu
- over receipts during the year was N2,N
al | o9g X as against a deficiency of $685.
2S05S during the fiscal year lNi.
81 | total receipts during the hscal .ear
u | were sl56Gs. 055.so greater than the
GENTS during the fiscal year 1884. and
81 expenditures were sll.329 s>lSi less u