The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-12-08

Of 1.44367G gallons of spirits, produced
from fruit, rs compared with the proceed
ing year. The number Of barrels of beer
produced was -, sos, $50, as against 33,-
$50. 7SI produced in the preceding fiscal
year, being nn increase of 2,2G9, 466 bar
rels.
GOLD EXPORTED.
The total amount Of gold exported dur
ing the last fscal year was SIP, 1929
and of silver $6O, 541 $40, being an in
crease Of SAC, 9A1 ,4G6 Of gold and $13,-
24G,3S4 Of silver over the expectations OF
the preceding fiscal year The imports
or gold were $33 ,525 0G5 and of silver
$2S, III, 1856 being $3.50, 695 less Of gold
and $S566,0 07 more Of silver than dur
ing the preceding year.
METALLIC MONEY ON HAND.
The total stock Of metallic money in
the United States at the close Of the last
fiscal year ended on the Both day OF June,
1896, was ST, 22S, 326, 035, Of which $780,,
597, 064 was in gold, and 1923, 72S,O7l in
silver.
ALL KINDS OF MONEY.
On the first day of November, 1896,
the total stock Of money Of all kinds
in the country was $2,2S5, 100000, and
the amount in circulation, not including
that in the treasury holdings, was ST.,
627. O55, cal, being $22.63 per capita up
on an estimated population OF 1902
000
PRODUCTION OF PRECIOUS ME
TAILS.
The production Of the precious metals
in the United States during the calendar
81
2,254.760 fine ounces of gold, Of the value
Of S46,61O,O00 and IS, 727, 900 fine ounces
of silver of the commercial value of
S36. 1880 and the coinage value Of
$72, O51 COO The estimated production
of these metals throughout the world
during the same period was 9,6SS, S21
fine ounces Of gold, amounting to $780,
2S5, 700 in value, and 100, 1S9, 249 fine
ounces of silver, Of the commercial value
Of S110. 900 and Of the coinage value
of S21S, 73S, 100 according to our ratio.
The coinage Of these metals in the
various countries of the world during
the same calendar year amounted to
$500, 701, ABS in gold and 1921 ,996,219
in silver. The total coinage and the
minis of the United States during the
fiscal year ended June 30, 1896, amount
ed to ST, 1SS 1882, Of which 500, 87S,-
400 was in gold coins and $12,30997
in standard silver dollars subsidiary
coins, and minor coins.
NATIONAL BANKS.
The number of national banks organ
lied from the time the law authorizing
their creation was passed, up to October
81, 1896, was 5,051, and of this number
3,G79 were at the date last mentioned in
sff%f s.smfg raF
capital stock of $650,014,S95 held by
2SS, 902 shahe holders, and circulating
notes amounting to S211, Az, 500. The
total outstanding circulating notes of all
national banks on the 31st day Of Octo-
Der, 1896. amounted to 1924, 533, S07, in
Guiding unredeemed, but fully secured
notes Of banks insolvent and in process
Of liquidatiOn. The increase in ma
tional bank circulation during the year
ending on that day was $21 ,099, 429. On
October 6, 1896, when the condition of
national banks was last reported, the.
total resources of the 3,679 active insti-'
buttons was SO, 263, 6S5, 313.S3, which in
Guided ST 800. 268, S39.31 in loans and dis
counts and $500, 165, 1873. So in money Of
all kinds on hand. OF their liabilities
81, 597, 891 ,053.30 was due to individual
depositors and 5000, 944,019 consisted OF
outstanding circulating notes.
There were organized during the year
preceding the dates last mentioned TWEEN
ty-eight national 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 $S75,000, and ten in the
Southern States, with a capital of ST.,
100000. During the year, however,
banks voluntarily abandoned
their franchises under the national law,
and in the case Of twenty-seven others
it was found necessary to appoint re-
ceiyers. Therefore as compared with
the year preceding, there was a decrease
of thirty-six in the number Of active
banks. The number Of existing banks
under State laws is 5,70S.
IMMIGRANTS.
The number of immigrants arriving
in the United States during the fiscal
year was 343, 267, of whom $40, 46S were
permitted to land and 2, 700 were debarred
on various grounds, prescribed by law,
and returned to the countries from
whence they came, at the expense
Of the steamship companies by which
they were brought in. The increase in
over the preceding year a
to S4,731. 1t is reported that
with some exception the immigrants of
the past year were of a hardy labOring
class, and able to earn a sup
port for themselves and it is estimated
that the money brought with them a.
to at least five million, though
it was pdobably much in excess of that |
sum, since only those having less than
$50 are required to disclose the exact |
amount, and it is known that many
brought considerable sums of money to
buy land and build homes. Including all
the immigrants arriving who were over
IA years Of age, 28.63 per cent were litter |
ate, as against 20.37 per cent Of those |
Of that age arriving during the preced |
ing fiscal year. The number of immi-
grants over II years old, the countries |
from which they came, and the percent |