The herald., 1897-07-24
OFFICE OF THE HERALD,

Figures Just given out by the treasury !
bureau OF statistics show that the exports |
for the fiscal year ending June Goth were
the largest in the history of the country |
exceeding by over S21 100000 the largest |
preceding total, which was recorded in the |
year 1892. For the month of June the eX-
ports were valued at S4,174,GS9 which rep
resents an increase of over 81, 100000 as
compared with the corresponding month
of last year. The imports for the month
were valued at $S4, S26, no. which represents
an increase of over 2S,G00,000 compared
with the corresponding month last year.
The dutiabe imports were valued at s4S,-
672,S47, which represents an increase of |
over $126 100000 as compared with June,
1885, while the non-dutiabe imports were
valued at SAL, 1884, 63 an increase of over
SIG. 900 600 as compared with the correspond
ing month year ago.
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For the twelve months ending with June
the total exports were valued at $l,o5l,-
9S7,091, which represents an increase OF
over $169 300, 900 as compared with the pre-
ceding fiscal year. The exports were valued
at $764 373, 905 which represents decrease
of over SIS 800, 600 as compared with the pre-
ceding fiscal year. The dutable imports
were valued at S3S2, AL, 800, which repre-
scented decrease of over $2l 600 as COM
pared with the fiscal year ending June 80,
1896 while the non-dutiable imports were
valued at 1881, 9S2 COS, an increase of nearly
$l2 200 900 as compared with the preceding
fiscal year. AS will be seen the dutiable
and non-dutiable imports almost balanced
each other in amount, very slight excess, |
only a little over 100000, being shown in
favor of the dutiable imports. The exports
for the twelve months exceeded the i'm
ports by $2S7, 613, 1856, which is considerably
more than double the excess on the same
side shown in the treasury accounts for the
fiscal year preceding.
Daniel B. Ely, a prominent real estate
operator, says the st. Louis Globe-Demo-
crat, has compiled an interesting table
showing the real estate mortgage debt of
the United States, the interest rates and
the total mortgages in the United States
and in large cities. The following is Gin
parD the result of his researches: OF the
entire real estate mortgage debt of this
country only $40 per cent was incurrent
from necessities due to misfortune; the re-
naming 9lla per cent of the total deb.
represents purchases of property by peo
pie who were unable to pay for it in full.
This great debt, therefore, simply repre-
sents the thrift and business activity OF
the American people as well as their good
credit. Interest rates on this mortgage
debt declined between 1880 and 1890 from
1852 per cent to 1852 per cent on acre prop
ort, nd fror G. M n G az
on lots. The population of the United
States from 1880 to 1890 increased over 40
per cent, the wealth 50 per cent and the
mortgage debt (real estate) one and one
half times. New York city and vicinity
represents about one-quarter of the entire
real estate mortgage debt of the United
States. Twenty nine counties of the United
States Qncluding most of the large cities
represent over 40 per cent of the total debt.
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The savings banks of California pay their
dividends semi-annually on the list of jan
uary and the LIST of July, or as soon after
those dates as depositors and stockholders
call for the same. If not called for within
a month they are credited to the account
and draw interest thereafter the same as
the principal. Dividends on deposits for
the calendar year of 1896 varied from 3 to
AZ per cent per annum on ordinary de-
posts and from to per cent on term de-
posts. The distinction between the two
classes of deposits is not uniform. In the
San Francisco banks term deposits gener-
ally draw one-fifth of per cent per annum
more than ordinary deposits In most of
the interior banks this difference is much
greater. 1t is rarely less than / per cent,
and in some cases as much as per cent.
e.ix o. 1,aV Ann 1ne. hon
while reporting 3 per cent on ordinary de-
posits. name per cent on term deposits.
Two other banks give the same rates.
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According to the San Francisco Bulletin.
six of the San Francisco banks paid 4.26
per cent per annum on term deposits for
1896, two paid APO and one 4. On ordinary
deposits one paid 3$4 per cent, one $50, four
$685. two $50, one 1-3 and one per cent.
Nine of the ten banks of the city report
capital stock One of these paid stock
holders 1920 per cent, one 1-3, four and
one 5325 per cent N the other there
was no dividend on the capital stock the
earnings that might have been devoted to
that purpose having been diverted to the
reserve fund. For some reason twenty of
the interior banks gave only one rate on
deposits for the year. In two cases this
was per cent four 5 per cent, four Az
per cent, one 4.33 1-3 per cent. one AIS per
cent one 410 per cent and four per cent.
On term deposits in the other twenty-six
banks, one paid per cent, one 51a per
cent, fifteen 5 per cent, four Az per cent.
three 4.40 per cent, one 4.35 per cent and
one per cent. On ordinary deposits one
of these banks paid per cent, two Az, one
AZ, four 4, one S5s, three $3.50, two $780, two
800 and nine per cent per annum.
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Though all the interior savings banks are