New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-12-09
rRFAsrRER sPINNER,s REPoRT.

The report of F. L. Spinner, Treasurer Of the
United States. for the fiscal year ending June 80 1908
shows total receipt OF cash during the year, sl2Gd,
81 ~, OF which s625llJ3 20 were received from loans
Tnc payments are sllltiioI H. Of which Ssissa's %
Of cash in Treasury is sSos9I5 81 The total business
transactions OF tho United states Treasury FOR the past
eiqbf wears amonnt 90 Sll, 00i,1fS,liJ "a.
Interest the Public Dcbt has been paid within tho
year in cOn S. aud IN currency, siil'55l 81
TOTAL amount Of gold certificates issued Tor the hsc9l
wear has been S77 900 400, Of which f58GiOe ouslhu-
{,S The number of National Banks that have been
formed IN 1852 which lG55 In operation june 80
1898 II have failed and retired, all rceemiuG their cir
cnliton Twelve. having no circulating notes, have
y1ithdTavn their securities Amount redeolnod
during the year, SJJ3932 l5 Amount nl securities ned
IN trust FOR National Banks. $380m5,Sl Three hundred
and seventy National Banks arc authorized TO act rs
National Dcp0sares or uie securities neLl ~ 10y,
eminent for tho National Banks, si'iO''o arc helu 70
secure circulating notes and s 70 assure payment
OF public deposits The interest paid to tho Banks on
Tbe tofal amount Of duty collected from tho banks ior
the year preceding Jan l. 1863 wps s76sc9 90 OF when
The wear s. 7GsOs2 THIS Is apart from tho taxes COZ
eced circulation and deposts thr1sn ,e , 9
Departments. IA the latter "a nuch le.s III hiol, a'
nvoyes commissions while the former incuS no expense
INC Treasurer recommends That the banks DE rcqed 10
nay the well as the duty dreet 10 lho Iteasei,
and that he have power to enforce the same ~ sae o
their bonds deposited. a., ,ao -, 10. ,oo, ,s,,,ae
during tho year, to wit: legaltcnder notes. Sol35oii
fractional currency notes, t25,OA,GS2
Three issues OF $40 notes were made IN o. 90 ana
bee converted into United states stocks OF fedeeeu III
money during the year 40, 1900 - .,, 90
,oo gl3 rs o. Total amount DESTROYED including Dohus
certificates of indebtedness, &c, STOOLS $50 o. m,
The total amount OF United states moneys i anu tna
beginning has been: United states nocys, oS S 49,
tSy9csics Of Indebtedness. sss2l7O,sOs 30; statistical
secniitlcs the United states, s4iCSiGoo 80; to!a
received from beginning TO date sO23o652 81 The total
a,nount Of United states demand notes outstanding Is
el7 90 receivable for customs ana fedeciable III gOia
80, al tle Treasury amount or United Staea legal
,ender notes outstanding. SJ9ijl5 20; fractional cur
rency outstanding $50 G5259 80; t~9-year per cent
notes outstanding, ssa2@ twoycar per cent COUPON
noics outstanding sO)2J oneyear per cent notes out
standing t5sq per cent COMPOUND interest note
the commencement, s6l,7552il % stu outstanding
$4,000 OF outstanding circulation, sobs2S,u't 1850
Us 20 are in circulating medium ana Sl7oiSl'
Tine amount pald for the army durngs years past in
excess the OF Oi 1900 ahd on account o
the Rebellion, ai 20 20
AnoT prnons GA account OF lhe RebeoI.., 14ilsS %
Navy pensions account Of tie Hebsoa..''' hleJS %
ro,,ln,rn.Di. for Rebellion s53q3l9a65 o.
Add public debt outstanding March lo''''''' oF1O'o 70
To,,, debt before and during ~ vs. 1881 90
Money raised By TAXATION sr the Amy aud during -,
Ass sS d, yS II Uaa State; on Aug 2so
Total amount e,peaasd the army and navy ~, %
There has been received for money PRIOR to
iT year ssdag jan, &c. h' II
Total received separate account ss'S' %
Covernmeut securities are destroyed by being placed
In large revolving iron cylinder which Is then securely
locked With three locks keys TO the respective locks
being kent one each by the three members Of the conf
ilee appointed 10 witness thClr dCslttitOn Nhc 30
locked Ia the cylinder. they are treated through no1-
de tube aud an opening In the gdgeOn with cheIscas
aud steam until they thoroughly mncernted ana re-
duced TO a fne pulp The committee then unlock inc
cylinder and certify tho total destruction OF tile Sc
ciritIes The daily product OF this operation Is worth be-
tween 500 and 500 IN money Two hundred ana seycht!
whom arc dsbursed IN salaries J26 G6 2 being sllIJ Tor
each person The Tfeasnrr insists that tho salaries
range far below the deserts Of The clerks and that they
should be increased Tire business and money transac,
lions Df the Office althor M steadily on the decrease sun
to ha of
show that the aggregate Of to necessary entries III inc
year cOsaa with 30 1885, amounted to the shi OF
gl7sy5GIl b. Al, this immense amount eAterfu bpoh
ic books of thu office, AMI the sum OF s2lOOlslID o.
lsrg yerl nearly one alf ~ Ina whoa Hin0nnt origin