The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1882-12-09
U. 5. Treasnrer,s Renort.

crease over those of 1881 of SOD 251.054 i'm The
ternal revenue S2,55I.S.7 from sales OF public
lanusand 81, 90, 4l5from miscellaneous sources,
msklng total increase in the net revenue of
$3.50. The net expenditures d creased from
~ SoV al~icSi 70 Sol .SSl 40, reduction of 81
I5i,4tI, which, added to the Increase in re-
ceipts, makes an increase of $4S 474, 40j i'm the
the public debt
Il, The expenditures on account of interest on
the puDnc debt show a reduction of $lL4il,54
from $Ss,5O%7A in 1881 to SiI.O77,oS in iss2.
Inc excess of revenues over expenditure was
sl4SShSslO, and the amount applied TO the re-
duction OF the debt S166, Isl ,505
The amount standing on the books of the
treasury TO the credit of disburs'ng officers of
the nited states at the close of the fiscal year
The receipts for the fiscal year on account of
the PostOmce Department were Sal, 1865, 062 and
the expenditures $50 ,26j,2 300. OF these amounts
S2O2ll.99 or about one-half, was received and
expended directly by Postmasters without be-
ing deposited in the Treasury
Inc amount lllected from National banks
on account OF semi-annual duty accruing on
the capital, circulation. and deposits during
me year was S9,l5O.6S4. The total amount col
lected on THIS account since the beginning of
the Nation lfbanking system is $tlS,O0j, 705.
There was In custody of this Office at the
close OF the fiscal year $3.50, 700 in United
states bonds held in trust for National banks,
OF Wnlch $40, a. 100 was held as security for
circulation and $l5,925,0U0 to secure deposits
OF pubic money with National bank deposit
tories, During the year Sl20.474 400 in bonds
e5e ,o deposlted Tor these purposes and SIPS
The amount of United States currency out
standing at the close of the year was $a62, 464,-
os2. There was redeemed during the year
Sl5, Ii3,7O6 in United States currency silver
certificates and notes of failed liquidating and
reducing National Banks, making the total re-
delnptons since the first issue of currency
~, 405, re. The issues of silver certificates
during the year were S24,300,0J0. and the re-
demption S2O,133,29O, leaving the amount NOM
In nj al. 80 Gna
096,710.
GOLD AND SILVER COIN
commenting on the statement of as sets and
liability OF the Government on September 30
or the last four years the Treasurer says:
The most noteworthy change in the last year
IS the decrease of the gold coin and bullion
neid by Inc, Treasury from SIG, 1g1 566 to s 49,
047, 1854 and the increase of the standard silver
dollars from $85, 9fl,279 to S92,025.35O a de
crease IL the gold of s23 7is O2 and increase
IN the silver dollars of $28,076,01l. Deducting
the amount held for the redemption of gold
certificates, the gold belonging to the Govern
ment In the Treasury on the Both of September
was Sl54 ,sSl,3 81 i'll 1879 SIPS 100 Os5 in 1880 $780,
552, 146 in 1881, and SliS, l40,524 in 1892. Not.
outstanding the decrease in the last wear the
gold owned by the Government is nearly 500
0UU,OO 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.
Deducting in like manner the silver certifi-
Gates actually outstanding, the standard silver
dollars owned by the Government were $780,
B66,O54 on September 30, 1875 ,355, 1853 on the
3B9,gT0 in 1882.
The gross assets of the Treasury increased
during the year from 1881, 9S12lO to S3l6, 552.-
g9O, although the balance remain ng after de
Quoting the moneys held for the redemption
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 $40, ll6 to
Sli3,96i,St3
THE RESERVE.
NO. Nc -.
ernment over its net demand liabilities on the
LIST day of November was Sl3j,1 I,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 Sl35, Isl, 6Ss is considered TO
be the reserve available for the redemption
parently run down 1929, SOP since October.
1881. This reduction is accounted for by the
fact that by direction of the Secretary pay
ment has been anticipated on Sl2O63,7li in
called bonds not yet matured.
UNITED STATES NOTES. ..
During the year there has been an increase
OF 5000, l2 in the one-dollar notes outstand-
ing, 10, s,5O3in two-dollar notes. s4Ss. $50 in
tfty-dollar notes, 81 ,52l ,730 in one-hundred-
dollar notes, $360,OO0 in MISUNDERSTANDING
$2.0Oo,0OO in ten-thousand-dollar notes; and a
decrease of $2,226,53S in five-dollar notes,
S4,2Oo,62i in ten-dollar notes, $38l4,l26 in
twenty-dollar notes, and $4,000 In fve-thou-
sand-dolar notes.
The number of notes outstanding at the close
OF the fiscal year was S63,0s3,04T. as against
$50, S;I9, 069 outstanding on June 30. 1851 The
amount of ones and twos outstanding has in
creased Sl4, O40,945 in three years.
The amount of United States notes received
year lust ended is ss4,65O,576 as against SIG.
O79,753 in the year ending October 81. 1881.
STANDARD SILVER DOLLARS.
The amount of standard silver dollars coined
from February 2S, 1879 the date of the act re.
quiring their coinage, to October 81 1882 ia
SIPS, s.9,SS0 of which S93 OO6 1882 remains in the
treasury, ana S3hS3, 49S, or about 27h per
cent. is in circulation.
The amount of silver certificates outstanding
increased during the fiscal year from SOL, 1885,
5dO 20 so6U96,Il0; This increase was entirely in
certificates of the denominations of ten and
twenty dollars. The amount nominally out
standing at this date is S73607,TlO, of which ST.
9ST, $50 is held by the Treasury.
-.. CLEARINGHOUSE CERTIFICATES.
During the fiscal year Sl6,el0,000 in Clearing
House certificates was issued and SIS, 165, 900
redeemed, leaving the amount outstanding
Sl3,36O'0OO, at close of the last fiscal year. The
amount now actually outstanding is $685. 900.
The highest amount outstanding at the close
or any fiscal year was $59,045, 900, on June 80,
ie'9 Ihe use OF these certificates has great
ments.
MINOR AND FRACTIONAL SILVER COIN.
The denominations of the minor coin in the
treasury on September ], 1882, were as fol-
Five-cent nickel. S7I2OO
Tnree-cent nickel. .................... l55,378
Iwo-cent bronze. OBSERVATION-DISCLOSURES. 4,S4
One-cent bronze, nickel and copper, =. l92, 1853
Mixed. Observation-Disclosures. ............ 1854
Total .......... .......... $685.
The supply of five-cent nickel coins in the
treasury, which three years ago. reached the
sum OF =, lS4, 2o2, was exhausted during the
year, ana their coinage was resumed by the
The amount of fractional currency re
against ss3,i3 in the preceding year. The
anouht outstanding at the close of the year
MuffLATED, STOLEN AND COUNTERFRIT CUR.
RENCY. Ia
1T There was detected by this office in remit