Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1883-06-02
News by Telegraph
FROM ALL QUARTERS.
| The NATIONAL DEBT.
A Small Reduction Made
in May.
A FALLING OFF IN CUSTOMS
Less of the Debt Paid This
Year.
"A LONG TIME TO CONVICT,
The Star Route Trials
Second Year.
THE NATIONAL CAPITAL.

The Public Debt-A Smaller Decrease I'm
May-The Reduction Somewhat Less
| This Year-Other Matters of Interest.
WASHINGTON, June 1.-The following an.
| aIysis of the public debt statement for May
| was prepared by Mr.. John III. Carson, clerk
| of the Committee on Ways and Means The
decrease in the public debt for May is less
than So, 600, 00o-being 81, 800, 476. 60-and
for the eleven months closing yesterday less
than $12o, DOC, 900, as against decrease in
May, 1882, of over Sc, 200, 600 and for the
eleven months ending May of last year of
over $139, 900, 0OO- The aggregate reduction
during the last fiscal year was $157 200, 900,
but for the present year which closed with
the current month the reduction is not like
ly to exceed 1925, 900, 900. The comparative
ly unfavorable exhibit is owing to the falling
off in receipts from customs, which falling
off will continue until July when the new
tariff act goes into effect. and perhaps for
several months after that date. The bonded
debt shows decrease since May LIST of over
500, 600, 900, that amount of called bonds
having been redeemed. The amount of con-
tinued 1-2 per cent. bonds now outstanding
subject to call is only $50, 100000 and unless
the policy of the Treasury department in re-
ference to the reserve to be maintained is
changed that amount is not likely to be called
for redemption for several months
The available cash in the treasury is $131,-
$40 1881, decrease since May 1st of about
$5, 100000. The balance is equal to SO per
cent. of the outstanding legal tenders. Since
August 1st last there have been issued seven
calls for bonds, these calls aggregating
$107, 600, 600, which amount has been re-
deemed except four and one half millions.
The treasurer's statement of liabilities
and assets shows an increase in
the gold coin gold bullion held, and
but there is a decrease of this coin and bull
lion owned by the treasury, the amount thus
owned being $133, 691, 900 against $40, OOO,-
900 on May LIST. The gold certificates now
outstanding amount to $50, 591, $40, an in
crease of over $11 900, 600 during the month.
The standard silver dollars in the treasury
against which there is outstanding
about $72. ZOO, 900 silver certificates. There
is no material change in the volume
of silver certificates since May LIST. The re-
ceipts for May show a falling off compared
with the corresponding month of last year
of nearly 100000, which loss was almost
entirely in customs. The internal revenue
receipts exceeded that of May, '82, by near
ly 100000. The receipts for the eleven
months ending yesterday compared with the
corresponding period of the preceding fiscal
year were as follows: Customs, 1902, $780,
0S9; internal revenue, $133, 1926, 5S2; mis-
cellaneous, 1874. 342, 6s2; for 1882, total,
1870, 545. 1853. For 1888, customs, $780,
932, 1856; internal revenue, $133, 10, 933;
miscellaneous, 1856, 728, 1854; total, 1865. 371,-
Alb.
There were sixteen thousand rejected mod
els sold at auction at the patent Office to-
day. The models we're valuable principally
for the metal they contained. The aggre
gate amount realized by the auction was
$500. A private sale Of the most valuable
models also took place, the amount realized
being $2O6. The highest figure for any of
the articles was $50. Most of the models
were purchased by second hand and junk
dealers.
Mr.. James Fl. Mari, the venerable chief
clerk in the Office of the first assistant post
master general, to-day entered upon the fif-
ty-second year of consecutive service in the
Postofice department.
A postoffce named Langtry was to-day
established in Emanuel, Georgia.
The receipts of the patent Office for the
five months of the present calendar year were
$507, 776.35, an increase of 1878, 97O.70 over
the corresponding period of last year.
Considerable annoyance has been caused
the Postofiee department officials by the
publication of a statement that the Postmas-
ter General had decided to exclude "patent
insides'' from the mails as second class mat
ter. The publication is without foundation
in fact and the Postmaster General says he
has no idea of taking such q course or max
ing such decision.