National Republican., 1880-11-23
UNCLE SANS CASH-B0X,
Operations of The Treasury for the Past
Fiscal ear.
a Handsome II rcaso in Heccipts.-aIntorial
Decrease In Expenditures for In
tcrcst-rho silver Dollars,

Report OF tho Treasurer oriho United states
Hon. James Gilnllnn, treasurer Of the Unitod
States, has submitted his annual report to The
secretary Of he treasury From II II appears that tile
receipts Of the government compare very inyorably
with those Of the previous fiscal year, aud show an
increase from customs, informal revenue aud
sales Of public lands Of EoSil, ,50j7s aud de.
crease IN those from miscellaneous sources OF only
sll2,0702G. The expenditures show slight in.
crease Of sGQ5 07i.25 In the aggregate as compared
with the previous fiscal ycur, caused by an In
crease Of S22 895 0lOOG in the payments on account
of the interior department. but show decrease OF
S2lGg9 0d5.Sl IN tho expenditures for interest and
premium on tho opubllc debt, on civil and misccl.
lancous accounts, and for the war and navy dc.
p0rtmcnts.
The balance Of public money on deposit IN The
treasury and subject TO draf nj the close OF busi-
ncss June 80, 1879 was Su7223, TST0S: the receipts
during tho year fiom all sources amounted 10
s80i57S 2 90 and The drafts puid TO sos 100 go 10.
Fiity-cight national banks were organized dur.
Ing the year, five lnilcd aud twunty-Une Went into
voluntary liquidation, leaving 2,lO2 doing business
at the close OF the year.
The amount collected from national banks by
the treasurer OF the United states Tor semi-Hnuual
duty 0ccruing during the year was S5gl, 40. a..
The total amount collected during tho existence OF
the national bank system Is 500 a6l AG93j.
There were on deposit In this Cilicc ut The close
OF the year for the security OF the circulating notes
Of national banking ASSOCIATIONS Uuitcd states
bonds ~ the amount uf S38l 6j2 ESQ and to secure
public deposits therein Sli.I15OJ0.
AZ tile close Of The year the United SRtes notes
ana pNpef currency OUTSTANDING amounted to
S3bld50OOS7J The total face value Of currency re-
deemed from the date of the first issue IS S222g-
80siO2.ll, from which the deductions for mulila-
SSS.7o. ''''' '' 'S '''''''''' '''''''''' ~ '-'''
The total amount of United states bonds retired
by purchase, redemption, conversion aud ex.
change from March II, lso0, TO juno 80, 1880 Is
81 ,S93 0i07j0.
the coupons from United States bonds paid dur.
Ing the year amounted to SjlA70 GU3SG aud there
We're 2g6 g36 quarterly checks issued IN payment OF
slail93OOi Interest on registered bonds.
Ihe amount OF gold COIN and bullion IN the
treasury January ], 1917 the date of resumption OF
specie payments. was sl3j,"S1G90I2 and at this
uutc II Is sliU72J Q5l7 gain OF 80 j3l53l331: and
in addition, there have accumulated In the treas
ury S4T0ol i69 in standard silver dollars.
There were redeemed and paid for from NOyem.
Der 1879 to date w III $40 In called bonds upon
which the interest had ceased, The proceeds OF
which, including interest amounted 10 3l1,Ti-
333.W.
There were also retired on account of the sink
lnB iund during tue same period SlOb,gIllOl in
United states bonds the total cost of which, In.
cluutng interest and premium was Sill 2lO3JG %.
While the aggregate amount OF notes oulslnud.
ing has not changed there has been an Increase OF
ssl228ol IN one dollar notes, S226JlGO in two dol
lar notes S25A35 in five dollar notes Sl027o lS0
i'll ten dollar notes ,Y!V In twenty dollar
notes, and Sd031O in one hundred dollar notes
aud II decrease of SLABS in fifty dollar notes
sl9,3i55OO in five hundred dollar notes Sls53sCOI
III one thousand dollar notes, tj,j4O.OOI
in five thousand dollar notes, and 81 800 y0l
in ten thousand dollar notes; showing
an increase OF s37 G5S f56 ia notes of u les, denon
nation Than 800 ana q aCOIrespondmg decrease IN
the higher denominations. The notes of the dc.
nomination OfD,OJ0 and $4,000 issued at the time
OF the suspension Oft he issue ofgold notes are dis
appearing from circulation By being presented fol
redemption, and no more arc beng issued, The
demand for them having virtually ceased
The total coinage OF standard silver dollars under
the uCt of February 2s 1875 Is S72Si7750. OF thi,
amount si15SS, lOj are IN the treasury ana IN the
mlnts anu S2520yGll, being more than thirty-loul
and twO-tlirds per cent OF tho coinage, are In cir
culation. Tile amount In circulation November /
1873, was Si,O!2,6l3 or twenty-siS and nineteenth,
per cent, OF SlS,2S2,j00 coined; at the same date IN
1879 the amount in circulation was Sl3002Sl2. OF
tWcAyc!ght and three-iuurtls per cent. OF $1,000.
200 coined OF the total amount coined to dat,
SHCO2v52 or more than sixty Ave per cent, ha
been paid out from The treasury Offices aud miuts
Or the amount paid ont nearly iUrty-scYcn per cent
OF S2934j2sS. has been returned to the treasury II
payment OF dues or On account of silver certificates
In addition ~ the ordinary influences which
facilitate tic distribution OF standard silver dol
lars, the decentralization by the people of the south
west OF the Mexican silver dollar has created ~
extensive demand ior the ncW dollar in tnHt quar-
ter, Wole tho trade dollar Withdrawn from Clrcu
lati0n, or everywhere rated ut its bullion value
many more standard silver dollars would be re
quired Tor circulation IN the cities of New Norl
aud IhilGdclphia, aud in other places in whlcl
the lrUdC-dUlIar is now in use as circulating me
dtum much to The advantage OF the bullion deal
ers, who purchase lradC.dOars at points Whcr
they are rated ut niuety cents and sell them at al
ADVANCE 10 parties IN places whore they circulate
VI their luce value.