Daily Kennebec journal., 1896-12-08

rnited States at the close Of the last fs-
III wear ended on the 30th day OF June,
500 was s. ,22S. 32e. .O35 OF which $599 5s7 1854
yos IN gold and $62s, 72s.07 in silver.
ON the first day Of November, 1885, the
otal stock of money of all kinds in
he country was 81. 2S5, 4l0. $50. and the
|Amount in circulation, not including that
n the treasury holdings. was 81, ,627. .O55, ,64i
,eing So. per capita upon an estimated
population Of II .902. 600.
The production OF the precious metals
n the United States during the calenda,
rear 1888 Is estimated to nave been 2,254,
100 fine ounces of gold. of the value o
ttS. .610, 900, and 55727,000 fine ounces Of sill
yer, OF the commercial value of $36, 455, W
and the coinage value of $72, 900. TIL
estimated production of these metal
throughout the world during the sam
period was 9.6sS,S2 fine ounces of gold
amounting to $500, 2s5, 200 in value, and 169,
1929 fine ounces of silver of the com
mercial value of $ll0 654 900 and of th
coinage value of $2lS. 13S, 100 according t.
our ratio. The coinage of these metals
in the various countries of the world dur
Ing the same calendar year amounted Il
$232. 7Ol .43S In gold and $l2l 99G 2l9 in silver
The total coinage at the mints of the
United States during the iisc;% year end
ed June 30 1896 amounted to 81. lSS 1882
Sl2,3o9.9lS52 in standard silver dollars,
subsidiary coins, and minor coins.
The number of national banks organized
from the time the law authorizing their
creation was passed. up to Oct II. 1876
was 5.05l. and of this number 1868 were
at the date last mentioned in operation
having authorized capital stock OF 5000
0l4s95. held by 2sS,9 9o2 shareholders. ant
circulating notes amounting to S2ll .4l2,bZ0
Nat
of all national banks on oct. u, 1896
amounted to S234 5553 sD7 including unre-
deemed. but fully secured notes OF banks
.osolvent and in process Of hquidation
The increase in national bank circulation
during the year ended on that day was
SCI .099. f29 On Oct. g, 1896 when the con
dition of national banks was last re
ported, the total resources of the 36s
active institutions was 81. .253 So 3l3.S3
which included 81 .se3. 2sS 39.3l in loans and
discounts and $685. l65. 7133.s5 I'm money OF all
kinds on hand OF their iia billIies. 81 J9i p
9Sl $3.50 was due to individual depositors
and s2g9 9ii0l9 consisted of outstanding
circulating notes.
There were organized during the year
preceding the date last mentioned y na-
iional banks located in u states, OF which
Y were organized in the eastern states
with a capital OF ST. iSe.n9 Is in the west
tTU states WIN a e-EtNetE "a $NfJsFfn ttfiN
10 in the southern states with a capital
OF y .1S0, ,000 During the year. however
SC banks voluntarily abandoned their
franchises under the national law. and
IN the case of q others IL was found
necessary to appoint receivers. There
Tore sts compared with the year proceed
ing there was decrease of s5 In the
number OF active banks. The number Of
existing banks organized under state laws
Is 5.7os.
IMMIGRATION.
The number OF immigrants arriving in
the United States during the fiscal year
VISA aia 257, Of whotp 80 ifS were permitted
10 land and . ~ were deharred. oA NAri-
Gus grounds prescribed 10y law, ana re-
turned TO the countries whence they
came. at the expense Of the steau1s hip
companies by which they were brought
I'm. The Increase IN immigration over the
preceding year amounted to A.751. l. is
reported that with some exceptions The
immigrants OF The past year were Of q
hardy laboring class accustomed and
able to earn support for themselves.
and IL is estimated that the money
brought with them amounted to at leasi
s.. 900 900, though it was probably much
in excess of that sum. since only those
having less than $50 are required 10 dis
close the exact amount, and ii is known
Aiidt many RAVbEttA 'VhrldNt ebiN HGiiiS Vi
money to buy land and build homes.
Including all the immigrants arriving
who Were over Il years of age. 2s.3S per
cent were illiterate. As against a.31 per
cent of those OF that age arriving during
the preceding fiscal year. The number OF
immigrants over IA years old. the coun-
tries from which they came. and the
percentage of iIliterates among them,
were as follows: Italy. 81, SIS with 81 50
,;tl,
Russia, 35isS. with ALA per cent; Aus
tria Hungary and provinces. 57,053. with
S.92 per cent: Germany. q 33i. with 2.96
per cent: Sweden, 1881. with 1.lS per
cent; while from Portugal there came
. do1 of whom 1859 per cent were illit-
crate There arrived from Japan during
the year only lilo immigrants, and it
is the opinion of the immigration au-
thorities that the apprehension hereto
fore existing TO some extent of a large
from Japan to the United
States is without any substantial foun
cation.
THE LIFE-SAVING SERVICE.
From the nfe-saving service it is re-
ported that the number of disasters to
documented vessels within the limits of
it's operations during the year was 4S1.
These vessels had on board 4.50S persons.
OF W nom 4 go were saved ana * lost. Inc
value of such vessels is estimated at
s. $50 l40 and of their careoes $3.Si6, $50.
making the total Value OF property i'm
yeriled Sl2726.521 OF this amount Sll 292.-
107 was saved and 81, 49, 80 was lost.
Sixty-seven OF the vessels We're totally
wrecked. There were besides 2iS casual
ties TO small undoeunenttd craft, on
hoard OF which there We're 79i persons. of
whom 5S1 We're saved and seven were
lost. The value of the property involved
In these latter casualties is estimated ut
$i19 265, of which Sll4.9l5 was saved. and
81 so was lost. The life-saving crews dur
ing the year also rescued or assisted
other vessels, and warned many
from danger by signals both by day and
night. The number of disasters during
the year exceeded that of any previous
year in the history of the service. but
t he saving of life and property was great
or than ever before in proportion to the
value of the property involved. and TO the
number of persons imperiled.
The operations of the marine hospita |
service, the revenue cutter service. the
steamboat inspection service. the light
house service. the bureau OF navigation
and other branches of public work at
tached to the treasury department. to-
geiher with various recommendations
concerning thpi3. Sl1upnrt. apI i,oD,o,-..