Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1863-01-31


we append condensed cory Of thss portion Of tie
report Of Hon C. c.. Bemmnger, Secretary Of the
Trsasary, recently presented to Congress which shows
the aseaI operations Of BIS department of The govern
nen and en5isa he ameunt aud condition Of the pub
lie debt on lie 5lst Of December. The remaining per
ton Of tho repost (Which anususlly isngtby) Is de-
ystea to the secretary scheme FOR restoring The car
ranoy to a norraal e5n5ition
Fe5m the commencement Of the permanent govern
ment to the 81 December, 1862 le receipts and szpen-
ditursa follows
Receipts.
Treasury netes s2i555lss5j interest bealins notes
Sil9 40 coo cs loan eerfeat $50 742 796 one hun
dlel Iriiion loan. ai war OK Si66545 5lJi et
oihar sources $40, 22i. Total, si57,-s5sle4
Ezpsnditares
war Department s34I CIl, ,75s; Navy Department,
so 55s ae3i ciTi niscslianeous, foreign atereourss
and customs ei30l3 $40 interest public debts
Nay o is6l--pficcipa- S5ia, ,9o0-interest s29,s6O-
5000 15l ption OF per cent certificates Sll $40,
500 redemption o. -raa1y notes called in for cancel
adon and rein 3arssnsnt 7f priaeipel under aet 9f
MAY Do 1861 SO I5l 72: t0ta czpand lures for pube
de5t 81 45s2 Balanees asanst Treasury On the lsh
February 1852, s26431.572.
Amount OF receipts Si57 s55 l0i
Deduct amount Of expenditure. 4f3 4ll5J7
Balance. al44445,7
The balance consists u part Of the coin hand,
cciyed from bank Of L9aiiaaa, end tho remainder 10
ia uterestbsering treasury no1es.
Amoaut 10 De Baised By Congress.
The appropriations made by Congress, and not yet
drawn from tae treasury amount 20 s. 1913 esti-
mates for tle support Of government 20 the lst Juiy
the end Of She hsc year duslrdng S2s77 for the W ar
D=pa tIaeBD- s290,a1jIl3. Total S3l2s37js626 De-
duct sLffl4 337 balance in tressury leaving amount TO
Be raised By Congress, 357,929 90.
Tbe PgjLie De5l
4ho laht-al lie gova erss-+--i
cember 3lt, 1922 was as follows
Bonds and Stock
Under act February %. I55l.... .sI4 $4,000
Asy 10, ls9l;,,--.'..- 6,4l4so9
" August 90 l66l..-.-.- 67.55J lCG
Dep0site ee1thoates under act
December y. icil
rs e.l 005375
Redeemed l25l6 so 55,4ss go 1870 so
Treasury Notes
. % notes. '.--'......s.'....--. $4,000
Two year notes ------..--.-..-. lQ9i9.l25
General currency ............. .273.l21 ss1
30 notes ......-s-.-.. .lzo. .f300e0
81 and - notes 62l6200 41Q629d dg2
s555I0505a
In the above statement is q large amount Of bonds
and interest bearing otaa which are hand in the
various depOsitores yet issued Il Is Important
bear this in mind in estimating the effect Of the act
Q. tie ,Gsl session Hpon funding treasury notes
The loans in which such notes funded are those
mentioned in the schedule as loans Of Msy l6, and
Aggust 49, The amount Of these leans as reported at
the la-t meeting Of Congress was, the 1st OF August
BY he statement nov reported the total arnount Of
tl1sa ponds ituu
From which should be de6uGtei anouat on
hand lot jet disposed cf say-...------- s.Oo00Oo
500 500, 400
And, ia order 70 ascertain the amount Of trea-
sorry notes funded, there must be dedDct-
ed for ths bonds issued for produce say. 100000
s5s999 100
Deduct amount reported lst August....- 81 81 $50
DAla1iS' 80 t~-AJ0
Thi5 balance shows the amount Of treasury no,es
funded il Eve months the average being abo-t three
6ad hall millions per month.
IateTest-Begripg Treasury Notes.