Democratic Sentinel, Volume 3, Number 30, Rensselaer, Jasper County, 5 September 1879 — FEDERAL FINANCE. [ARTICLE]

FEDERAL FINANCE.

COINAGE. The coinage executed at the United States Mint in Philadelphia during August aggregated 1,894,220 pieces, valued at 92,233,497. Of this amount 1,876,050 were silver. OUTSTANDING CURRENCY. The following is tho statement of United States currency outstanding on the Ist inst.: Old demand noleg 9 61.485.00 Legal-tendtr nc teg. a'l igguts 846,6 j 1.016.00 One-year notea of 1 1 47.145.00 Two year noteg of 1803 14.000.00 Two-year coupon notes of 1863 23,700 00 Comp .und-interest noteg 200,050.00 Fractional currency, ail issues 15,702,069.20 Total 8863,852,005.26 BANK REDEMPTION AGENCY. Following is a statement of tho operations of the National Bank Redemption Agency for August: National-bank notes disposed of during the month: Notes fit for circulation assorted and returned to the bankß of issue, 94,( 32,200; notes unfit for circulation assorted and delivered to the' Comptroller of the Currency for destruction and repl iceinent wi’h new notes, 92,735,500; notes of failed, liquidating, and reducing banks deposited in ilio treasury of the United States, 9519,0X1. Total for August, 1879, 97,287,3J0; total for August, 1878, 918,471,459. THE NATIONAL BANKS. The Comptroller of the Currency reports the amou-jt of national-bank circulation ou'standing, on tho Ist inst., 9329,344,147, exclusive of 91,448,840 of national gold bank notes. Total increase of national-bank circulation since the Ist of January last, 87,(21,293. The amount of increase in the month of January was ?fX)7,975; Feoruarv, 91,648,401; March, $1,081,026; April, 92,018,034; May, 9393,901; June, 9151,386; July, $266,240; August, 9853,410. There lias been an increase of legal-tender notes deposited for the purpose of retiring circulation since the Ist of January, 1870, of 92 ,285,273. The amount of 10-40 bonds ou deposit as security for circulating notes at national banks is 91.0,512,900.