New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-11-14
THE PUBLIC MONEYS,
REPORT OF UNITED STATES TREASURER
rAcIS OF INTEREST ABOUT THE FINANCIAL opEp A
TONS OF YEAR.

4
tno secretary ofthe Treasury There was decrea.I
Ho year III inc receipts from customs of S5704 238f
ron internal revenue Of sl,777,22 and from m.ceA
aneous sources Of 1858 $780, and an tncreass IN tb 80
eps Hom the sales Of public lands OF 90 202 1914 Tina
o'a am nc. revenue received was s39s2s75s1 which
less than the amount received last year Tbe
net expenditures amount to s265 40s 1877 an increase
over those OF 1882 OF The principal
In the expenditures account OF civil and m,soe,
aneous expenses, which amounted to s1I45s OIL ths
expenditures on account OF interest the public debs
falling 1191707o below those for the preceding year
The collections on account OF emannual duty on tba
capital circulation and deposits Of National bank,
amounted 70 252 In the first half Of the fiscal year
and the collections account OF duty circulation In
the second half to 564521. Since the National bank.
ing system went into operation the collections on this &c
count have been 24,1s1.479 The amount OF United
States currency outstanding at the close Of the year was
$362.4O3,315, and tho redemptiOns amounted to
Sl3OlS0759 The redemptiOns since the first issue OF
| currency aggregate 81 4O7, 500, 800.
There were issued silver certificates amounting to
S35O4O000 and gold certificates of the authorized
by the act Of July H. 1882, amounting to S3671O000
Tho redemption OF silver certificates aggregated $12 519
3d. and or gold certificates 300 leaving nomi
nay outstanding at the close OF the year $SS in
silver certificates, and &c., 1873 GAO in gold certificates
| Circulating notes Of National banks amounting to
SlO2,699677 were received for redemption, Of which
S23552,279 was In notes OF failed liqudang and re-
ducng banks The aggregate Of bank notes received for
redemption from the passage Of the redemption act OF
1874 TO the close OF the year was 81, 278,278153.
THE GENERAL BALANCE INCREASED.
The general balance in the Treasury increased from
1913 on September 80 1892 TO SI63 4G3 on
September 30 1885, the increase having been made up
follows; An increase Of in the amount OF gold
coin and bullion; OF $6446243 in the amount Of stand
ard silver dollars; of s,369212 in the amount Of silver
bullion and of SO 1866 in the OF United States
notes after providing for outstanding certificates from
which amounts deducted decrease Of 81 40i in
the funds for the redemption of National bank
The fractional silver coin in the Treasury decreased
by S638726 and the amount Of gold and silver coin and
bullion was increased by S763G6650 this increase being
chiefly due to the issue of sold certificates and tho
Increase IN the amount Of outstanding silver certificates
Inc gross assets increased S109 s27 and the
excess OF the cash assets Of the Government its LA
oites on November l. 1888, was 6o,s22,545 cont
pared with $135,l51,883 on the same date in 1882.
The number OF United States notes outstanding tho
close OF the year 65936654 an increase OF 2gO3.
co., The number Of United States notes redeemed wa,
2O,333l6i, representing face value Of $77764,7li.
These figures include $32 900 900 OF and $4,000
notes reported issued and redeemed which only
passed from the fund Of unissued notes. through
tas accounts for the purpose of destruction
PAYMENTS OF DUTIES on IMPORTS.
There were received during the year in payment Of
duties on imports United States to the Of
S270372lO the aggregate Of such receipts from the
sumption Of specie payments September 80 1888 be-
Ing 1O4O5 40+ With respect to the payment OF eS-
press charges United States the Treasurer says
In consequence Of tho failure by Congress make APP
preparation for the transportation Of and muated
United states notes to the Treasury and OF notes
in return therefore the express charges such
notes have been received since the beginning OF tho
fiscal year from others than assistant treasurrrs nave
been borne by the parties sending them for redemption.
Previous to and including 1875, appropriations for ach
transportation had been regularly made, but thereafter
these appropriations were omitted until 1881, when tho
Government again assumed the expense until the close ot
the last fiscal year" He adds that is natural that tno
holder CT note, however much may DE defced, should
hesitate to incur the expense Of express charges and
possibly De used He alSO says that a the gain 70
the Government and consequent loss to the holders by
notes win be considerable the Government can well
afford the comparatively small expense necessary 10
keep them ia good CONDITION by bearing the expense Ot
transportation for redemption. He recommends ap-
preparation Of $50 600 20 be made available Tor the pres
ehl hsc4 year. ana OF $4,000 Tor the ensuing year. 10
provide for the transportation Of amt mutiiatcd
United States notes and gold and silver certificates,
whch Latter he thinks, should as th'y nave gone mo-
the circulation be treated ~ the nOe-, except that th8
where redemption IN coin is demanded.
There were detected In reittalceS ot United -HtcS
nominal value OF 9l,s2s, and in remittances OF NJlou
bank notes sN-one notes stolen puor 70 reg DIR ,sao
with tue signature OF the bank officers forged thrr,1l
amOhntnV 10 SjO5, amt I3l counterelts anDuntingtO
1896. one counterfeit silver certificate OF h" d.nJmt-
nation OF SlO counterfeit compound int rct uDt3
Of 500, aud counterfeit fractional currency amounting
10 P252 80, also detected in retrcrs received
The bonds held In trust for National banks al the close
which $50 55G 500 WIS held n, srr,lriry I,r i,,.,,t,
and $l7 10000 security for pubc moneys deposited
with National bank repositories, During tue year $685.
O35,IO bonds deposited for thc,c several pur.
poses ard $27O07OGOO deposited was Withdrawn. tlo
total movement of bonds amounting TO S535,UO 5000.
REDEMPTION OF BONDS.
Bonds OF the United states to the amount III 5t3LOOl
$50 redeemed, Sl4 $4,000 Of which applied
to the sinking fund There also retired, by exchange
into three per bonds authorized by the act Of July
H. 1892 1901 2J2 900 OF the bonds formerly bearing 3a
per The total amount Of bonds retired by purchase
redemption, conversion OF exchange from March IL,
1869 jane 80 1888 is S25S7sll 900. Bond cOIpan5
amounting TO S9562,659 were paid at the W.
rious Offices of the Treasury; 2oS,3SO checks, repre-
sentng face value Of SlSUJ3l3O, were issued
in payment of interest registered bonds The number
OF foreign holders OF Icgstgfya n1nis IA, ,'nhItrl
S1719s000. or the 1901 20i $50 OF per cent bonds
issued under the OF July r. 1882 IN exchange Tor
bonds continued al 32 per cent S-oJ0S9@2o NOR 'lln
twothrs Of the entire amount, were held IL trust Tor
National banks at the close OF the year: -, ..
In September 1885, the first call FOR the three per
cents issued under the act Of July, lss2, otwnh tho
further calls follow the banks holding them VIII be re-
quired to retire the circulation issued thereon OF -uDu
circulation In the past sixteen month, The Associated
Banks presented for payment through the Ne"-fors
Assistant Treasurer and paid him in cash for balances
his favor S24O39Js, making aggregate OF transactions
OF 1924 1861, average OF S26.j3S272 mouth
the banks amonn,ng to SI7o6u637i leaving bsiaos
against him aygrcgatng @254Gll9S7 In SSttltent OF
which he paid in gold and gold certificates S23l @ioOOOj
in United states notes S39369S7 indeposits Tor silver
certificates payable by other Offices SliIilO0Oj an IA
sundTy credits ~, 0UO.
There received in payment OF duties on inp1tSAt
the port OF New York in the sixteen months irod july,
lss2, to October 1883 the following kinds OF money:
United States notes, Sl2G0S,OOO; gold coin % loOOO;
gold certificates. SlO6j16,OOO; silver ccrtlnca.e-,
$I7 600 silver coin, Sl99,OOO-tota Sl9S,OsJOOJ.
Bonds held by the Treasurer office FOR account of 40
Pacific Railroad sinking funds, for the Union pacluc
Railroad Company $500 100 and for the Central Pac'hl
Railroad Company $,379 500. The bonds aud socAs Ok
f,,,l tho oh he
custody of the Office amounted 10 $LSOS,OlO OI llls
900 was issued the Pacific Railway car
ency slxes) remainder ia state ana corporation
stocks and bonds 49,. ,... -.
The public funds deposited with National bahk' ,uring
the fiscal year amounted TO $liJ,97l2O6, making tho
total deposits of such moneys since the establishment ~
the National banking system %3VoS'o"o,sit Tue lie,
MIN III