Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1900-11-15

year ended with September. 1907, was
S523, 49,, 900, against 1852, $4,000 in the
year preceding. The redenlpti0ns of
Worn material We're S303.219Sa4 in the
later period, and s255, 027.9s0 in the ear
lier. The Increasing demand for notes
of small denominations has been Sd
heavy ana so fully met by the depart
lnent, that taking into account the gold
coin, only S426, 045,022 of the estimated
total circulation of 81, 113, 294,9SS. on Or',
tober l, was in denominations larger
than 500
he operations of the treasury and
Its branches show AN Increasing rattle
In gold, the feceipta of The nsc:,t yeai
IN that coin ,is',ihi,, Increased SOIL,
oSIsNAi, ana the disbursements S560,6!2,-
l2S over 1899 There is an increase in
lhe circulation of standard silver dol
lars IN the autumn of each year, fol-
loved by their return to the treasury
o few months later. This is .noi;
TO the frsa detitsrS OF The treasury of
sus'l1 coins. The amount in circulation
November ] was S7s,479, 400.
a Great Convenience.
The provisions made by congress for
the increase of the subsidiary silver
coinage to 500. oG0 ,GG0 have been a great
y VIZ SAii'7f'-'' Ftf4'' tite oN-itsti t-li.ill
through Ink mint has been abe to sup
plN all demands 10y these coins The
amount of them in circula lion. W. len
| i'll january. 1850, was only S5i 2O2 40,
rose by October !. 1900 To $40, 432, 194
The distribution of minor coins from
the Offices on the treasury and mint
during the fiscal year amounted 10
S3,l14.a7i, against Sl.92s. $50 the year be
4 fore.
The treaaufs each year is called upon
| 10 furnish small denominations ,,f pa
per currency for Ns;c in the movement
/ ef the erpiss TVS amount of these OK
| changes Ut the suitreasulies in New
/ Orleans 81. Louis and Chicago up IL
4 November /, this year. w;,s s4o6, 600
against 50 10000 in 1850
! The ace Of April Il, l9e9 provides fci
the suDsiitulion of United States coins
] fer tue Spanish coins of Porto Rico es-
tin2ated by experts at 1920 coo pesos
al TIC rate Of go cont; for zach peso
The exchange Wss hes4n III May J.
When tbs provision SSel.t into effect
4 and by 4sugust % the SUM of $40 ~
i pesos bad bean received @ne! paiS
for in S33,,22S22. 1:fE of american
money Dusibg tae FISCAL year tho
1 Were detected and destroyed at .hc
offices OF the treasury slilii iii coui3-
i terielt silver coins, notes and caitili-
Gates, so, scent pieces and III Go.
1-cent pieces. Comparison with tbs
| previous year shows no significant
/ chahges, excepting IN the number ol
spurious minor coins Ii, circulation
which arc rapidly ON the increas
Counterfeit ssela coins ;.re rare, ons
thirteen having been presented at tht
tieaslli5- during Tie wear.
The operations under the now ti..an
c.iii law Involved great changes in IN
bonds held by The trea sGrer in trust 10
national banks to secure circulating
hotes ana pubic deposits. The total o
these bonds in the treasilei.s hands III
creased during the year from Sa2s SIS
ITO 10 $2Si a.S.04h Bonds of tha state .
4 Arkansas for sleo coo. formerly belong
ing 10 the Ir,djan truat fund, have bee.
paid.
The national bank notes presente,
fof redemption during the year amoun
10 $96,9s2 601, or S7.s5 per cent Of III
4 average yol'Tlsle of the standing. an in
crease OF se,144,So6 over 1855 The ex
iioi:se Incurred u The REDEMPTION a.i-
assortment, including Ssl I67 FOR trans
n9Htatioa. Amounted TO Sl22,,gS5 wliicl
sum M-i!i he arportioned aRlong III
banks at ire rstc Of sl,335.5s OF thei
notes redeemed.