The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-10-03
WASHINGTON.
Arrenra of Panalnna.

WASHINGTON, October 2.-Arrears ol
pension claims TO the amount Of So0,7S4,-
5O7 have been settled up to October lst.
The average amount otarrears in each case
settled was S545; the whole number Of
cases settled in September was 1S,2s7. It
Is estimated that there are still about O.
900 or 1000 pensioners entitled to arrears
whose cases have not been settled. The
settlements hereafter cannot be made as
rapidly as heretofore because OF the great
number OF cases In which there Is no title
10 arrears, which must be examined In
search for those In which there are titles.
II is said that torinformation all pensioners
who believe themselves entitled 10 arrears,
and who do not receive notice OF the set.
hement OF their claims, either BY allow
ance or rejection, by November LIST, that
they can hasten settlement by writing
q letter to the Office, giving again the num-
ber Of their pension certificate and their
present postctice address, II Il almost
certain that the S2S, 100000 appropriated
will be sufficient to cover the arrears
which were due on pensions allowed pre-
NlOus 10 January %, 1913.
Treasury Matters.
WASHINGTON, October There was, at
the close Of business to-day, q cash balance
OF nearly $2S5, ,OOO, 900 in the Treasury, a
decrease. of about 5000, 900 since the 1st
OF ofseptember. This balance Is composed
Of actual cash, including accumulated in.
'terest uncalled for, funds deposited with
the Treasurer Of the United States to re-
deem outstanding called bonds, gold and
silver certificates, and legal tender notes
upon which certificates OF deposit have
teen issued. The accrued interest &C.
cumulation has been reduced over half
q million during September, and the fund
for the redemption Of called bonds has
been reduced over eleven millions. The
amount Of silver certificates outstanding
has been increased by amillion OF dollars,
but the deposits OF legal tenders have been
drawn on TO the extent OF four millions, as
the money is now required in business.
The amount Of cash actually available
In the Treasury to-day was $l49, ,000, 900, |
al AASICabp Vi UNeE H6V6u ulllu0QB Quf1nR
the month. The greater portion OF this Is |
gold and silver coin, and the stock OF
legal tender has grown so small that Sec. /
retary Sherman has ordered the payment
OF gold instead in the ordinary disburse.
ments OF the Treasury. Since the first OF |
january the stock Of gold in the Treasury |
has gradually increased, and the Secre. |
tary's intention Is to keep paying It out as |
fast as it come in, so as not to increase the |
amount on hand. Since the first OF October,
1878, the issue OF silver certificates has
been very rapid, and the amount in cir.
culation has been increased by three mil.
lions, as most Of them have passed into |
general circulation. The currency has be. |
come inflated by that amount. The
amount Of called bonds which have not |
yet been presented for redemption is al. |
most twenty-nine millions, to redeem
which there is now the cash standing idle
in the Treasury. OF this amount eight
and one-half millions are held by the
Treasury to secure the circulation Of the
National banks, the banks which own
them preterring TO let them lie there with.
out drawing interest rather than buy four
per cent. bonds at premium.