New-York tribune., 1896-12-08

to S211 .4i2.62O
The total outstanding circulating notes Of all
National banks on October 81 1886. amounted
to S23i .,J3 SO1 including unredeemed but fully
secured notes of banks insolvent and In process
of liquidation The increase IN National bank
circulation during the year ending on that DAY
was S21 900 40 on October g. 1896 when the
condition Of National banks was last reported.
the total resources OF the 3,GI0 active nsttu-
tions S3.263. .6S5.313 80. which included 81
500 26S. .S'9 81 in loans and discounts and $362.-
10 13:} S. in money OF all kinds on hand. OF
their liabilities S1597 S91 .03S Oh was due to in
dvdual depositors and S2U9oii,Ol9 consisted OF
outstanding circulating notes.
There were organized during the year preced-
ing the date last mentioned twenty-eight Ma
tional banks located In fifteen states. Of which
twelve were organized in the Eastern States
with a capital Of 81 10000: six In the Western
States. with capital Of SSij.OOO. and ten in the
Southern States with capital ofSl l9OWO. Dur
ing the year however, thirty seven banks vOlun-
tarily abandoned their franchises under the Ma
tional law. and in the case of twenty
others 1t was found necessary To appoint re-
ceivers Therefore, as compared with the year
preceding there was a decrease of thirty-six in
the numbe~ Of active banks.
The number of existng banks organized under
State laws is o.IOS.
THE INCREASE IN IMMIGRATION.
The number of immigrants arriving in tho
United States during the fiscal year was 343 26i
os whom 3I0,4 ,4GS were permitted to land and
2199 were debarrcd on various grounds pre-
scribed by law and returned to the countries
whence they came, at the expense Of the steam
ship companies by which they brought in
The increase in immigration over the preceding
year amounted to ~. .I31. IT Is reported that
with some exceptions the immigrants Of the past
year were of a hardy laboring class. accustomed
ard able to earn support for themselves, and
II is estimated that the money brought with
them amounted to at least So.OO.oOO. though
ii was probably much in excess OF that sum-
since only those having less than $50 are re-
qulred TO disclose the exact amount, and Ii IS
known that many brought considerable sums or
money to buy land and build homes Including
all the immigrants arriving who were over four
teen years OF age 2S 6., per cent were illiterate
as against 2031 per cent Of those OF that age
arriving during the preceding fiscal year. the
number OF immigrants over fourteen years Old
the countries from which they came. and the
percC ntage Of iliterates among them. were as
follows: Italy. 57.J!5. with Ii.D per cent: Ire
land. 81, 1896 with per cent Russia 81. lSS. with
~ II per cent: Austria-Hungary and PROVINCES
- OJ3. with 1892 per cent. Germany. !,33f
with 296 per cent: Sweden. 1881 with .lG per
cent. while from Portugal there came 2oo'' OF
whom 1859 per cent were illiterate There ar
rived from Japan during the year only l'iiV iin-
migrants and IL Is the opinion or the immlsIa
tion authorities that the apprehension nere.o e.o
fore existing to some extent Of large immigra-
ton from Japan To the United States Is with
out any substantial foundation
WORK OF THE LIFE-sAvERs.
From the Life-saving Service It Is reported
that tho number OF disasters TO documented YES
sells within the limits OF its operations during
the year was 49, These vessels had on board
4.6OS persons, OF whom 1876 were saved and
thirteen lost. The value OF such vessels Is esti-
mated at SSSSO14O and OF their cargoes
S3S46.3SO. making the total value or prop"sdrv
impered ST.. 126.5 $40. OF this amount SlI.Zo-.
7O1 was saved and 81 .432. 40 was lost sixty
seven OF the vessels were totally wrecKeu
There were besides 243 casualties to small un,
documented craft. on board of which there were
594 persons Of whom 5S1 were saved and seven
were lost. The value Of the property inVoiveu
In these latter casualties Is estimated az Sii TO-
c,;J of which S11491 saved and H4.',JU was
lost The life-saving crews during the year aiso
rescued or assisted numerous other vesseis anu
warned many from danger by signals. both py
day and night. The number of disasters during
the wear exceeded that OF any previous year IN
the history of the service but the saving OF pol'
life and property was greater than ever peIore'
in proportion to the value Of the properly IN
VOWED and TO the number OF persons imperiiied
The operations OF the Marine Hospital service
the Revenue Cutter Service. the steamboat IN
spection Service, the Lighthouse Service, the
I;urean of Navigation and other branches or
public work attached 10 the Treasury Depart
ment together with various recommendations
concerning their support and Improvement, al a.
fully stated in the report OF the Secretary or the
Treasury. to which the attention or the congress
Is especially invited.
THE CONDITION OF THE ARMY.
The report Of the Secretary OF War exhibits
satisfactory conditions in the several branches
of the public service intrusted to his charge
The limit OF our military force, as fixed by
law. is constantly and readily maintained. the
uresent discipline and morale OF our Army are
excellent and marked progress and efficiency are
apparent throughout its entire organization
With the exception of delicate duties In the
suppression OF slight Indian disturbances along
our southwestern boundary. in which the Mex'-
can troops co-operated. and the compulsory but
peaceful return, with the consent Oh uiea1
Britain OF band of Cree Indians from MONTANA
TO the British possessions no active operations
have been required OF the Army during the year
past. A..
abandonment OF unnecessary posts and conse-
auent concentration Of troops. ana the exercise
Of care and vigilance by the various oIncers
charged with the responsibility III thc eXpen"it-
ure OF the appropriations have resulted in reduc-
ing to a minimum the cost of maintenance or our
military establishment
During the last year the work of constructing
permancnt infantry and cavalry posts has been
continued at the places heretofore designated
The Secretary OF War repeats his recc mmenda-
tion that appropriations for barracks and quar-
tcrs should more strictly conform To tn" needs
OF the service as judged by the Department
rather than respond To the wishes ana Emporium
tiles OF localities. II Is imperative that much OF
the money provided for such construction should
nov he allotted to the erection OF necessary quar-
ters for the garrsons assigned to the coast de-
fences. where many men will he needed TO prop
priN care TOT ana Operate guns. II ~ -
sertial too that early provision he made TO sup
plv the necessary force OF artillery 10 meet the
demands Of this service.
The entire Army has now been equipped with
the new magazine arms. and wise policy de-
mands that all available public and private re-
sources should be so employed as 10 provide
,yithin n reasonable time a sufficient number To
supply the state militia with these modern
weapons and provide an ample reserve for any
emergency. -
The appropriations for it's support by the sew
eral states approximate S2.S0o,Uoo annually,
and S40O, 900 is contributed by the General Gov
ernmeut Investigation shows these troops to
be usually well drilled and inspired with much
military interest. but In many Instances they
are so deficient In proper arms and equipment
that n sudden call To active duty would ma
them nadequately prepared for field service
therefore recommend that prompt measures he
taken to remedy this condition. and that every
announcement be given tn this deserving body