The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-12-08
THE MORNING NEWS: TUESDAY. DECEMBER s. 1896.

country was 81. 2ss, 4l0.593 and the amount
/ in circulation, not including that IN the
! treasury holdings, was %i,25I oo,6sl, beng
/ 81 IS per capita upon an estimated pop
ulation of 1890
The production Of the precious metals
IN the United States during the calendar
/ year 1885 is estimated to have been 2254.159
fine ounces Of gold Of the value Of $3.50
4 goo, and 5S,IZ,O00 fine ounces Of silver Of
the commercial value of $36, 445,G00, and the
coinage value of $72051,000.
/ The estimated production OF these met
ais throughout the world during the same
! period was 9,6S8 S21 fine ounces of gold,
| amounting 10 5000, 200 in value and l69,-
| 1923 fine ounces of silver. Of the com
mercial value of S11O S5l,C00 and of the COIN
age value of $21s.7S8, 100, according to our
ratio.
/ The coinage of these metals in the va
rious countries of the world during the
! same calendar year amounted to $232 701,
4SS in gold and s12l. 1896 219 in silver The
! total coinage at the minis of the United
! States during the fiscal year ended June
! 80 1875, amounted to $71, 1888, 1852 of which
S5SS1S, 490 was in gold coins and $l2, 209, 97S 81
/ in standard silver dollars, subsidiary coins
ana minor coins
NATIONAL BANKS.
The number of national banks organized
from the time the law authorizing their
! cFea ton was passed, up to Oct. 81, 1896
was 5,05l and of this number 1878 were at
/ the date last mentioned in active opera
! ton, having authorized capital stock of
! S659,0l4 SSo held by 2SS 902 shareholders, and
! circulating notes amounting to $211, 412, go
| inc total outstanding circulating notes of
! all the national banks on the 3lst day of
! October, 1896, amounted to 1894. $50. SO7' in
| cluding 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 81 099, 1923 on Oct 6, 1896
! When the condition of the national
banks was last reported the total re-
sources Of the 1873 active institutions was
! $S,2 ,6s5, 1888, which included 81, 1893 26S.-
| 1891 IN loans and discounts, and 1852, 1866
! 1888 in money Of all kinds on hand OF
their liabilities, $751; ,05S03 was due to
| Individual depositors and 500 944 ,019 con-
! sisted Of outstanding circulating notes.
There were organized during the wear
preceding the date last mentioned, twenty
eight national banks located in fifteen
| states, of which twelve were organized
/ in the eastern states with a capital of
/ S1,18O,0o0; six in the western states, with a
| capital Of $4,000, and ten in the southern
/ states, with a capital of ST. 100000 During
the year, however, thirty-seven banks vol
! UNFAIRLY abandoned their franchises un-
! der the national law, and in the case of
twenty-seven others it was found neces-
| sary to appoint receivers
Therefore, as compared with the year
| preceding, there was decrease of thir-
| ty-six 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
was 343,267, of whom $40, 46S were permitted
to land, and, 2,799 were debarred, on va
rious grounds prescribed by law, and re-
! turned to the countries whence they came,
at the expense of the steamship companies
| by which they were brought in. The in
crease in immigration over the preceding
year amounted to 84,731 It is reported
that with some exceptions the immigrants
| of the past year were of hardy, labor
| ing class, accustomed to and able to earn
a support for themselves, and it is esti-
! mated that the money brought with them
amounted to at least $5,0000O0 though it
! was probably much In excess of that sum,
since only these having less than $50 are
required to disclose the exact amount, and
it is known that many brought consider
able sums of money to buy land and build
| homes. Including all the immigrants ar
| irving who were over IA years of age,
1888 per cent. were illiterate, as against
20.37 per cent. of those of that age arriv-
ing during the preceding fiscal year. The
| number of immigrants over IA years old,
| the percentage of illiterates among them,
were as follows: Italy, 57515, with 54.59
per cent; Ireland, 81, 496, with per cent;
| Russia, $685. with Ala per cent; Austria,
Hungary and provinces, $685. with $685.
per cent; Germany, 1884, with 2.S6 pei
cent; Sweden, 1881, with 1.16 per cent.
while from Portugal there came 2,O67, OF
whom T769 per cent. were illiterate. There
arrived from Japan during the year only
lilo immigrants, and 1t is the opinion OF
the immigration authorities that the
apprehension heretofore existing to some
extent of a large immigration from Japan
to the United States is without any SUB
stantial foundation.
LIFE-sAVING SERVICE.
From the life-saving service it Is re-
ported that the number of disasters to
documented vessels within the limits OF
its operations during the year was 49,
These vessels had on board 46OS persons
of whom 1885 We're saved ana 80 lost
The value of such vessels is estimated al
49, $50 140, and of their cargoes $S,SA6, 38o
making the total value of property IN
VOWED $12,726,520. OF this amount $ll,292,.
707 was saved and 81, 1872 $50 was lost, Six
ty-seven of the vessels were totally
wrecked. There were, besides, 243 casui-
ties to small undocumented craft. on
board of which there were 594 persons, OF
whom $50 were saved and seven were lost
The value of the property involved In
these latter casualties is estimated at $l19,.
265 of which $114,sl5 was saved and A,35t
was lost.
The ife-saving crews during the yeal
also rescued or assisted numerous 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 Ii
the history of the service, but the saving
of both life and property was greater
than ever before in proportion to the value
of the property involved, and to the mum
Der of persons imperiled.
MARINE HOSPITAL SERVICE.
The operations of the marine hospital
service, the revenue cutter service, the
steamboat inspection service, the light
house service. the bureau of navigat ior
and other branches of public work IT.
tached TO the treasury department, to-
gether with various recommendations con
corning their support and improvement
are fully stated in the report of the Sec
rotary of the Treasury, to which the at
tenuon OF the congress Is especially in
vited.
WAR DEPARTMENT.