Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1874-12-16
THE TREASURY.
Report Of the Secretary on the
Nations Finances.

The report of the Secretary of the Treasury
shows the total net receipts of the government
from all sources, exclusive of loans. to have
been 1898, AIS. 756.06, to which should be add
ed the amount received on the Geneva award
$15, SOC, 000 and excess of receipts of legal
tenders overredemptions ST., 2O7 ,275 %, max
ing total net receipts 1922, 1856, 231 49, To this
sum is to be added $131, 179, 1897. 10, balance in
Treasury June 80, 1874, amount since received.
and available balances with depositors, which
gives the total available cash in Treasury at
$453, 1868, 56839. The total ordinary expendi-
lures, exclusive of the debt and including
premium on bonds, were 1927, 1873, 8737 6, to
which add investment of the Geneva award,
SIG, SOC, 900, making the net disbursements
1902, 633, 873.76. The balance in the Treasury
June 80 was $3.50, 731, 69463. The net revenues
Tor the fiscal year were $289, 478, 75606, and
the ordinary expenses 1927, 1876, S73.76, leaving
a surplus of So, 344, $3.50.
The receipts for the first quarter of the cur
rent fiscal year were 1896, 1863 048. 86-this in
cludes $3.50, ISL, 694.63, the balance in the
Treasury June 80.
The expenditures the same period were, for
all purposes, 1886, 313, 4S9. AZ, which with bal
| ance in Treasury September 30-$151 $40, $780,
45-gives total of 1926, 1863, O4S. Sc. The Sec
Rotary estimates the receipts for the remain
ing three-quarters at 1908 434, OOO and the
expenditures $500 900. The expected rev.
enues for the current year is placed at 1884
3l8, 2S5. 49, and the expenses at 1926, 315 489 A.
| leaving surplus for the sinking fund of
SO, OO2 1867. AS the law requires 1871, 096, 545
| for this fund, unless the revenues shall in
crease beyond the amount anticip ted. there
will be deficiency in the sinking fund account
for the year of $22, 093, 1885.
ESTIMATES FOR 1876
The receipts for the fiscal year ending June
80, 1876, from all sources, are estimated at
1898, 900, 000 and the total ordinary expendi-
lures for the same period at 1922, 77S, 900. Ac-
cOrdlng to these estimates there will be a sur
plus of revenue of $2O.222000, which amount
can be applied to the sinking fund 1882, 14O,-
914 required) leaving deficiency in that fund
of 81 1920, 914. -
The estimates made by the several execu-
tive departments reach a total of 1910, $780,
769.S9 r
During the fiscal year the public debt was
reduced by the sum of SIS, 1872, 447.65 as will
appear by the following statement -
Principal of the debt July
1, 1873: ,............$ 50, 234, 1872, 99s. 20
Interest due and unpaid, and
accrued interest to date " 1885, 652 80
Total debt ........ 50, ZIG, S39, 646 OF
Less cash in the Treasury. 131, 179, 337 10
Debt less cash in the Treasury so, 145 $3.50, 3OS go
Principal of the debt, July 1,
1874. .......... ....... So, PSI 500, 46s. 4s
Interest due and unpaid, and
accrued interest to date. 3S, 939 087. At
Total debt ...$ So, 29O, 629, 555. 80
Less cash in the treasury. $50, 731 ,694. SO
Debt, less cash in thetressurys2, 1a9, s97 s61.27
Showing decrease during the =
year, as above stated, of 50 $3.50, AT. IS