Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1884-12-05
UNITED STATES TREASURY.
The Revenue Of the Government for the
Fiscal Year Ended June 30 was
S348,5l9,869.
A railing OF OF sao,7o7,7te-Dccrease in
Receipts from Customs sto.03o.o07
aud from Internal Revenue
s2e,13e,e00.
ANNUAL REPORT.

WASHINGTON, November 29.-The an.
nual report of United States Treasurer
Wyman was made public yesterday. II
shows that the net revenue of the Govern
ment for the fiscal year ended June 30, 1884,
was less than that OF 1883 by Si9,767,7l2,
having been Ssls,5io, 800, while In 1883 It
amounted to s39s, ,2s7,5sl The decrease
In the receipts from customs was S1o,639.-
007, In the receipts from internal revenue
miscellaneous resources ss,s49,2si. From
the aggregate of these items should be de-
Quoted an increase of 81 1854, $40 In the re-
ceipts from sales of public lands, leaving
the net reduction as stated above.
The net expenditures aggregate 1884,
1924, a decrease from the amount in
1883 of 2l,21s,s93. The surplus applica-
bic to the reduction of the public debt
amounted to Si04, ,392,G ,G25, a decrease of
SOS, is5sls from that of the previous year.
The treasury reserve for the year ended
November /, 1884, decreased S12. 752, ,255, or
from $780, S22, ,545 In 1888 to S14S,010,2 200.
November 1, 1884, the cash fell below
the forty per cent. in excess of demand of
the liabilities lawfully required, in August
only, having been as high rs 40 4-10 q year
ago, and on November 1, 1884, twas AZ 7-10
pcr cent. The average since resumption
has been SO 4-10 per cent.
The amount of standard silver dollars
coined to September 30, 1884, was $751;
$50, 800, of which the treasury held S142,-
340,4 or this latter amount S07, 1904, ,SS1
was for the resumption Of silver certificates
outstanding. The amount in circulation
was $50, sol ,953.
During the past fiscal year S126, l52,572
In National bank notes were presented for
redemption, being % s3-100 per cent. more
than In the preceding year. This increase
In the amount of bank notes presented for
redemption, the Treasurer says, reflects the
condition of the mere 'ntile and monetary
affairs of the country rs shown by reports
of increasing business failures and decreas-
ing clearing house transactions, and 1t is
continuation in the course that bank note
redempti0ns have been pursuing year by
year since 1881. The aggregate amount of
bank notes presented for redemption during
the past ten years, expressed in round
numbers, was S1,404, 200, ,000-a yearly av-
erage of Sl40, 100000 The actual redemp-
tons varied widely from this average, run
ming up to S242, 900, 900 in 1877, and falling
off to S59,000,00 in 1881; in the one case
exceeding thc average Dy SlO2,OUU,OUU anu
in the other falling ISL 100000 below it.
The large redemptions of the years 1875,
10 were to some extent due to the depres-
sion in business succeeding the financial
and commercial panics of 1878, and the
comparatively small redemption in the last
five years 1SS0-S4-may be attributed to
the recovery during those years from the
effects of that panic, the increased activity
of business and the benefits attending the
resumption of specie payments. The sta
tistics of the ten years show that the re-
demptions are invariably affected by bus-
ness seasons, decreasing in spring and
autumn when trade is active, and increasing
in midwinter and midsummer when trade
is dull. The notes presented for redemp-
ton the first three months of the current
fiscal year are thirty-one per cent in excess
of the amount presented during the cOrre-
spending period of the past fiscal year.