The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1899-12-16

s73. Inclusive of the higher dcnoni-
nations of paper, the total increase Of.
the actiye circulation, reckoned on the
same basis, was S1a5,751,O14.
In the fiscal year the officers Of the
treasury paid out S42,532, s296 in stan
dfrd silver dollars, an increase of
iS1,700,147 oyer the previous year. The
receipts in the same period were $37,-
5S1,040, a decrease of $16,426,S94. By
September 80 the continued demand
fort these coins carried the total in cir
culation to $6s,755,243, the highest
amount ever reached. Similar activity
in the call for subsidiary silver coins,
of which the treasury received $780,
500, 1893. and paid out $40, 19s,375 during
the same period, gradually reduced
the treasury holdings until, at the
close of the year, only $6,070.497 re-
manned on hand. In the ensuing three
months a continuance of the demand
decreased the treasury stock to s2,477,-
sal. The amount estimated to be in
circulation on the 30th of September
was $74,o45,762.
Increased Use of Gold.
In the aggregate operations of the
treasury the receipts of gold in 1899
amounted TO 37.6 per cent of the whole
and the disbursements to 35.37, as
compared with 1908 and 11.s3 respec-
lively, in 1898. For the quarter ended
September 80, the percentage of gold
receipts was 3S.5 and of the disburse-
ments 35.2. While SO large n part of
the treasury's business was transacted
in gold, and while large additions were
made to the coin in outside circulation,
and n estimated to have reached
S702, 060,439 on July 1, 1899, the gold
holdings of the treasury have ex-
ceeded all previous records, both in
the aggregate and in the net amount
above outstanding gold certificates.
On September 30 the gross amount of
gold coin and bullion in the treasury
was $353,002, $50 and the net 1884 $685.
S21.
The maximum net gold was $685.
0S1, 565 on October 12. The highest pre-
yious records for the end of any month
were $500, 551 ,3o6 and $21s,s1S,253, re-
spectively, the former in September
and the latter in March, 1888. The
gross on October 81 was $379,S17,316.
The receipts and deposits of bullion
at minis and assay offices including re-
deposits aggregated 1884. 1892, s56, of
which 1921, $50 was gold and $685.
20S,3 2 silver.
Coinage of Silver.
Silver bullion purchased for coinage
of subsidiary silver aggregated AGO.
1927 fine ounces, costing $235,22o.
The total coinage executed during the
year was $136, s55,676-gold SOS, It,
$50, silver dollars $1s,254,709, subsidi-
airy silver $9,466,s77 minor $956,910.
The total coinage of silver dollars
from bullion purchased under the act
of July IA, 1890, from August 10, 1890
to July /, 1899, was $9T, O05, 1896, con-
tanning 75,02S,051.s1 fine ounces, cost
ing $71, JOS, $50, giving a seigniorage of
$25,S10,426.
The balance of silver bullion on
hand at the mints for the coinage of
silver dollars, subsidiary silver coins
and for payment Of deposits of silver
bullion i'll fine bars, July i, 1899 was
%, 62s, 1S2.67 fine ounces, costing $780,
515,s97.
The total metallic stock in the
United States on July l, 1890, was:
Gold, 5000, s65, sos; silver, s693, s6,743.
The amount of public moneys held
by the bank repositories on June 30,
1899, including funds to the credit of
the t%reasurer's general account and
United States disbursing officers, was
S76,2s3,655, an increase since June so,
1893, in amount of holdings of $37, $780,
36s. OF the bank repositories nearly
200 were specially designated to hold
funds deposited Herewith temporarily
and will be discontinued gradually as
the funds held by them are withdrawn
when needed for current disbnrse-
ments.
National Banks. q
During the existence of the system,
up to the close of the year ended June
80. 1899, 5,201 banks were in operation,
1,247 had been placed in voluntary
liquidation by shareholders and 365
placed i'll the charge of receivers. On
June 80, 1898, there were $500 banks in
existence howinga net loss during the
year of one bank. During the past ifs
cal year 70 banks were organized and
G7 placed in voluntary liquidation and
eight in charge of receivers. The au-
thoriZed capital stock of the banks on
June 30 last was $6O7,S71,245 and on
June 80, 1898, $630,025, 295, showing n
decrease during the year of S22,154,050.
The national bank circulation out
standing on June 30, 1890, aggregated
$241, 26s, 696. of which $2O5.264 ,O94 wa
secured by bonds on deposit with the
treasurer of the United States and
$780, O4 COZ by lawful money deposited
on account of liquidation and insol-
vent associations and those reducing
circulation. The increase of %circula-
ton during the year was S13,451.9o4.
The Understanding debt July /,
1899 included unmatured United
States bonds outstanding in the
amount of $1,O4G, O1O,D2O. This is an
increase of $19s,6s4,oTO over the
amount outstanding July !, 1898, and
, is caused by the issue of the 3 per cent
1920 loan authorized by act of con-
grcss approved June 13, 1898, amount
ing to S19s, 67s.72O and by the CONVEX
sion of %refunding. certificates of the
act of February 26, 1879 into bonds OF
the 4 per cent loan of 1907, amounting,
principal and interest, to $6,25O.
The estimated population Of the United
States November l, 1898, was 75,059,0 900. and
The The P Fssas espita ws ssp EaI,sf q T mones Gnts tds
population and per capita supply Of
and $3.50 respectively.
Exports md Imports.
The commerce of the year has been
marked by three especially notable char
acteristics: First. a continuation of the
phenomenal exports of last year; second,
q moderate increase in importations; and
third, the combined imports and exports
form the largest total ever shown by a
single year In the history of our foreign
commerce.
The total imports of merchandise dur.
Ing the wear were s697. l4S, 4sS, as compared
with ssl6: o49. 65i in the fiscal year 1898,
and, Sle4, so.412 In the fiscal year 1897. be-
Ing less h In any fiscal year since 1887,
: ing hold back to obtain advantage OF
an expected reduction In tariff. and 1893,
crs and with proper care will keep un
tl February. He also sent 300 pounds
| Of seed to Secretary Of Anria..l4.. !.