The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-12-07
Worlds Production of Gold and silver

III tlAhC SaACliQdI year lou was
Silver commercial value)...... III 278, OOO
Silver Coming Yalue) .......... 2154oS,foo
Worlds Coinage
The coiangs of gold and silver by the
various conries of the world, so far re-
ported was;
Gold 1900. $3.50. ............ $195 S99517
Silver ........ 0................- 153,395,H
National Ranks
From the date of the organization OF
the first rational bank under congress
sional authority on June 20, 1863, 10 the
close of the year ended October 81, 1897
5.O95 national hanks were organized. OF
this number, LIPS went into voluntary
liquidation, and S52 were placed IN charge
of receivers leaving in active operation
on the date above mentioned S,617. While
A associations were organized during the
year, the decrease of voluntary liquida-
tions and failures has resulted in net
decrease of 81 associations. The nnibar
of liquidaitions was II and the number of
failures So.
The authorized capital of the banks in
operation is Sos, 015,2 95. The total cir
culation otp. standing aggregate 1880 49,
COS, of which $2O3 925,6 $50 is secured by
bond deposit, and $96, 1925 by lawful
money on deposit with the treasurer OIL
the United States, on account of hqul-
dating and insolvemt associations ana
| those which are reducing Gheir cfrcula-
tion The net decrease in circulatlon
secured by bones as compared with the
amount so secured on October I'll, 1890
is $12.5S4.Ss4. ard THE gross decrease IN
| total circulation $4,S51 1872
Seventy-one NATIONAL banks, with cap
itaa aggregating SO $50 0O0 were placed IN
voluntary liquidaticn during the year.
and thirty eight. capitalized for 1851, 500
failed, necessitating the appointment of
receivers
THE abstract of the Sitock reports made
on the first Monday of July, 1897, shows
6,337,11 as the number of shares at
par OF 500 each, issued by the associa-
-tions, of which 5464037 are held by <ssl-
| dents of the state in which the banks are
located, and S73077 by non-residen.s. OF
thess shares 569S,S22 are held by natural
persons, including 1,41S.5+2 held l.y wo-
mem and 21,729 by residents of foreign
countries. The number OF shares owned
by corporations is 698, 292; the number of
| shareholders, PSI, 225. of which 270,149 are
natural persons. including ,9i4 women.
The capital of the banks on october
5Iasa was 1851, ASS 095. ard their circula-
tion, $19S 920, $40. Individual deposits of
the banks have increased $3.50, ass, 069.7
since October 6, 1896, amounting on Oc-
tober 3, 1897 to 81 S5S, $40, 1850.
The total money outside the treasury
shows an increase of $79,677, 290. The es-
timated population of the United STA es
November 1, 1896 was II, 100000, and the
per capita supply of money outside the
treasury was $22. So. The estimated popu-
lation ard per capita supply of monsy
November l. 1897, were 73,461, 900 and
$23 23, respectively.
Summary of other Topics
The report says for .he expense of
collecting revenue from customs $780,
900 is availabla per annum, in addition
to sums received from fines, etc.
Owing to the heavy fmportatfons
which were made in anticipation of the
passage of the Dingley bill the receipts
for the frs three months were dimln-
ished and not an indication of what the
future will bring.
The receipts from the several objects
of taxation in the internal revenue de-
partmept were $146,619.47, of which 49,
OOS, 1922 was for distilled spirits, he
smallest amount being banks and bank
ers $S53S. The decrease in cost of col
lection was 1921. S22.9S.
THE amount expended on public build
ings during the year was $3,9O5,79505.
Fffty-four buildings were in course of
construction of which twenty-one have
| been completed.
The report shows a decrease of 112,435
IN the arrival of immigrants.
One hundred years ago the Marine
uosnftaI service was inaugurated The
number of patients treated during the
year was 54.477. The amount availa-
Bile for this institution was for he year
1894, OHIO.
Two hundred and fify-fve thousand
seven hundred and fourteen dollars and
AZ cents was UNI expended. Due credit is
given the marine hospital service for its
aid in the yellow fever epidemic.
TIL reporr refers to the recommendation
of the surgeon-general for a strcter
quarantine law.
Notwithstanding the old and badly
ADAPTED class of vessels in service t3ls
revenue cutter department, the report
says has done much good and effective
work.
The receipts from donnage taxes was
1871, 100, the largest since 1884.
State Bonds Owned by the United States
The attention of congress is invited to
the fact that there are in the vaul.s of
the treasury certain nonpaying state
stocks and bonds now belonging to the
United States in regard 10 which ]
suggest the propriety and necessity of
adequate legislation looking ito the set
Element and collection thereof. The fol-
lowing is a sta. ement of the stocks and
bonds referred to:
Arkansas .. $16S 10000
Fsoy.ida .... 100000
To,,ieiana .. %, 10000
North Carolina -. 3S,0o0.0O
South Carolina :. :. -. 1872 10000
Tennessee :. -. -. 49,. 3146c6.66 2-3
Virginia -. -, -. -. <541 10000
Total ....... -. 49,. 81 247, $685. Sc 2-3
Prior to August 10. 1897, there were in
the possession of the United States