The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1882-12-15
o. s. Treasurer,s Report.
The following is the substance of the annual
ceport Of the Treasurer Of the limited States.

U. De IrcaSurer'S Report.
The following is the substance of the animal
report Of the Treasurer of the United States:
The receipts of the Government show an in.
crease over those of 1881 of 81 Isl 1854 in the
revenue from customs, 81, 80 200 from the in
ternal revenue, s., 551.2,7 from sales of public
lands, and$6 ,767 ,4l6from miscellaneous Source.
making q total increase in the net revenue OF
s4Z.st2,s5 The total net revenue was s408,-
SEQ. az, ss7 to S25issl, 40, reduction Of 81.
s3lsz4s,. which, added to the increase in re-
ceipts, makes an increase of S45,4.l.4 O5 in tho
surplus revenue applicable tothe reduction Of
The expenditures on account of interest on
the public debt show a reduction of Sill 49, 5N
from SS,5oSs4l in lssl to S71.077.sos in isse-
Inc excess OF revenues over expenditure was:
Sl4a, 543.s10, and the amount applied to the re-
duction of the debt Sl6d PSI sos.
- The amount standing on the books of the
Treasury to the credit of discussing officers of
was S3s,061,s72.
The receipts for the fiscal year on account of
the Post-Otce Department were S4l, 36S, 062 and
the expenditures $3, 255. 2y9 OF these amounts
S202ll.ss or about one-half, was received and
expended directly by Postmasters without be-
ing deposited in the Treasury.
The amount collected from National banks
on account of semi-annual duty accruing on
the capital, circulation. and deposits during
the year was 81, l506Si. The total amount coli
lected on this account since the beginning of
the Misunderstanding system is slls,OOh 1O5
There was in custody of this Office at the
States bonds hell in trust for National banks.
OF which SyO. 100 was held as security for
circulation and Sl5,92 ,0O0 to secure deposits
OF public money with National bank posi-
torres During the year SIS. Az, 400 in bonds
were deposited for these purposes and sl2s,-
62s, 100 withdrawn
The amount of United States currency ont
standing at the close of the year was :: e. 1884,
5S2. There was redeemed during the wear
Slt5, lO6 in United States currency silver
certificates and notes of failed, liquidatng and
reducing National Banks, making the total re-
demptions since the first issue of currency
S2i05, 9l4I19 The issues of silver certificates
during the year were S24.3 900, and the re-
096,7lO.
GOLD AND SILVER COIN
Commenting on the statement of assets and
liability OF the Government on September 30
of the last four years the Treasurer says:
The most noteworthy change in the last year
held by the Treasury from Sl76 7sl, 565 to $751;
O4l,96i and the increase of the standard silver
dollars from So. .2I9 to $92, Gs5. $50; a de-
in the silver dollars of S26,U16OIi. Deductin1
the amount held for the redemption of gold
certificates, the gold belonging to the Govern
ment IN the Treasury on the Slth of September
81, Ii6 in 1881, and SIS, ,524 in 1852. Not.
outstanding the decrease in the last year the.
geld owned by the Government is nearly SD
OG0,pO more than Two years ago, the amount
held last year having been swelled by the de-
post of gold coin for exchange on the West
and South.
Dcduetin0 in like manner the silver certifi-
Gates actually outstanding, the standard silver
dollars owned by the Government were $780,
366.Oo4 on September 90. 1919; Si5 $50, s3 on the
same date in 1880. Sl3 los, $50 in 1851, and S2S,-
e.9.g.0 in 1852.
The gross assets of the Treasury increased
during the year from 1851, ISL 10 TO SSi6, 552-
$50, although the balance remainin g after de-
mOney3
of gold, silver and currency certificates and
for the payment of the matured debt and in
terest, and the amount to the credit of special
or trust funds, ran down from Sl5l, "a, lie to
Sli3,96i,Ss3
THE RESERVE
The excess of the cash assets of the Gov
ernment over its net demand liabilities on the
list day of November was Sl35. I1,6Ss. The re-
serve is computed by deducting from the
cash in the Treasury the aggregate of the cur
rent liabilities other than United States notes.
The remainder of Si3i, Isl ,6SS is considered TO
be the reserve available for the redemption
of United States notes. The reserve has ap-
1851. This reduction is accounted for by the
fact that by direction of the Secretary pay.
ment has been anticipated on Sl2,063,7H in
called bonds not yet matured.
UNITED STATES NOTES.
During the year there has been an increase
of 3015,lEs In the One-C!ollar notes outstand-
ing, s2.3. ,JOJ in twO-dolIar notes. S4SS $50 in
notes Sl,5:l, 30 in one-hTndre,i-
notes, s3llOO0 in One-thousand-dolar notes,
S2,OU0,0 O] in ten-thousand-dollar notes; and a
decrease Of S2..6,5S in five-dollar notes,
Sf.2Ja,62l in ten-dolar notes, Si6if. l26 in
twenty-dOliar notes, and SJ50O0 in five-thou-
sand-dolldr notes.
The number of notes outstanding at the close
Of the fiscal year was S6S0SlU41. as against
$50. SS9,05g outstanding on June 80. ISL. The
mount of ones and twOs outstanding has in
creased SH.U.U,9i5 in three years.
The amount of United States notes received
M n IN nrfl rlrfr1
year lust ended is S2+650,5.6 as against Sl9,-
jl9, 153 in the year ending October 81. ISL.
STANDARD SILVER DOLLARS.
The amount of standard silver dollars coined
from February ~, 1879. the date of the act re-
luiring their coinrge. to October 81. lSSs, is
II, So $50, of which s9I0J6,32 remains in the
Treasury. and 81 80, 4s,S, or about ga per
cent. is in circulation.
The amount of silver certificates outstanding
increased during the fiscal year from S5l 1885,
80 to S6i,096,Ii0. This increase was entirely in
twenty dollars. The amount nominally out
standing at this date is Se3GG7, 40 OF which SI,
~ 20 is held by the Treasury.
CLEARINGHOUSE CERTIFICATES.
During Il G fiscal year Sl6,al0,O0) in Clearing
House certificates was issued and SIS, I650J0
'edeemed, leaving the amount outstanding
l3,360000. ut close of the last fiscal year. The
mount now actually outstanding is Sg.s35,0O0.
The highest amount outstanding at the close
# any fiscal year was S59.G45,0O1. on June 30,
I'D. The use of these certificates has great
y declined since the resumption of specie pay
nents.
MINOR AND FRACTIONAL SILVER COIN.
The denominations of the minor coin in the
Treasury on September /, 1sSs, were as fol-
owS:
nickel. s7l,200
rnree-cent nj 'kel-... .-.-....-.--.---.. 155,5i6
lne-cent bronze, nickel and copper. 1ea, l59
liked eV.yff
r,o,, 80, 20
1otai -----.-.. Sju4.5l3
The supply of fve-ceut nickel coins in the
treasury, which three years ago reached the
UNI of Sl.lS4,252, was exhausted during the
ear, and their coinage was resumed by the
mint.
The amount of fractional currency re-
eemed during the fiscal year was only S5s T65,
gainst SS3,i4 in the preceding year. Tee
monnt outstanding ut the close of the year
Tas SIS, taU. lS6.
IUTILATED, STOLEN AND COUNTERFEIT CUR
RENCY.
There was detected by this Office in remit
ances of currency received for redemption
tates notes, $50 in counterfeit fractional
urrency, 3.i29 in counterfeit Nationalbank
otes, and x..5 in stolen Nationalbank
otes. The number of the counterfeit United
tates notes was PSI, and of the counterfeit
notes 40
DUTY ASSESSED ON NATIONAL RANKS.
The semi-annual duty assessed upon and col.
ected from the National Banks bv the Treas
rer of the United States for the fiscal year is
$ follows:
IN clrculation. -. -.-S3HOgSl
IN uep sits..--.- -....- o,3.i,.EI
IN capital f3s,iH
Total. So os2
This amount of semi-annual duty, which is
afaIs r.a 81