Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-12-28

M;.o.u.n.... aas d3i l25,2O9
psnL dsh,s 1854 ST. l3l36S6
Trsasur, Notes l27i6Sa0 1897 no
E.tims,ss for fourth quarter 7O5a27o 100000
Ar.rsr.,. ,...;,,. sssIs7e5o ssa75o $40
Basnee in \ rsa.urv first Ian S7i66 25l 2A66, 1851
s75,asasOi ssaai7,slo
Expenditures Civil, fereigo,)
misceiianecus, miitary,f 4oa2'2io s'00i's's
Bs.nc, S34ysssss7 i,53o,ss4
The large balance on hand at the close Of 1885,
follows:
surplu. in custody Of States, as,lol,s44
Debts from Banks suspended, sooo Voo
Making an aggregate, not available, Of $40, i0i,644
appears that the actual receipts of 1889 exceeded the e
by S5O0O and the expenditures have exceeded the
estimates The increased receipts found chiefly
Of CUSTOMS and arise from the great increase Of i'm
ports in 1897 and 1885, The following comparative table
Of the imports and exports
Experts, losas6 eal lls ss9ao! ss1aa:s
thus appear, the estimate pubshe Gently was
very nearly correct and, If take into consideration the
quantities woons and goods reshpped the amount
will very nearly The very large increase Of imports
this year may be 'scbed solely the unnatural position
which commercial affairs this country have occupied through
the agency Of bank influence Prices this country have been
adcay sustained while in England and the continent Of
Europe the prevalence Of money has forced goods
10 this market realize; which has been ciii
tsted by the auction conducted in this city, That
system has been fsseIed under the expansive pcy Of the
banks and the balance created against tins has
been sustained by bills drawn against stocks Both these
have ceased The banks Of this sy have
long auconee paper thereby check
ing great channel through which large imports ell
ed The sub treasury policy Of the Government will compel
all the banks similar policy and conne their ope
raons to Short prompt business paper The sasna'en Of
the fer loans from abroad will compel dminution Of
the imports below the exports sufficient to meet
the balance due Europe for interest.
The exports will however, undoubtedly be much increased
year the low prices and may reach Sls0000Oo0 in
which the imports should not be or
reduction Of 900 from this years business This will
the public from that quarter notwith
standing which the treasury estimate Of receipts from the
1910 very nearly much in 1882 The
ceps available for public purposes in $40 estimated
follows - &3
| From customs, plsooOOoo
Lands - 36OOuOO
Balance on hand, 1896 33S
| Aggregate means for 1910, $2o,l6s,3s5
The expenditures for 1870, including the treasury to
| be redeemed, are estimated al $22.750000
| Leaving deficit Of 2,osS,oio
To meet which there will be due frcm the U. s Bank in
Sepenbsr next, $2,626 516
From banks suspended in 1887, l,l69,904
| Total ss,676,iso
II these paid there will be asurus Of $I,OelS0S
The Secretary proposes 10 meet the deficiency by reduc
of the appropriations to provide in
otaer way Err the amount Of the contingent deficiency
There appears to be estime in the receipt from
the as large that Of year. At the time the
port Of 1888 made the appearance Of commercial affairs
much bet than and the receipts from the customs
we're estimated $4,000 ooO From the Of the present
epor, the large imports matter ofsapre and yet the
revenues derived from below the
for the coming year they estimated nearly much
Is the actual receipts ofhi The from the public
land year estimated At and actually
90 the coming year they they put down
s. only, without any apparent There every
probability that the dcissey in the government revenue will
| Re much greater than 10 supposed.