New-York tribune., 1884-11-29
THE NATIONS FINANCES
-nr.srnrR wYMANs ANNUAL REPORT.
.ur MKT REVENUE FALLS OFF f'fi'
'"- pycREAsrD POSTAL EARNINGS

...,ue az the Government WAS icSo '" ,s.n a..
49, sao. 677i2, having been sS1ss,oi'',oo a. ,ha
,sss II amounted to $39s,2s7'osl ino a.. r.oo,n,
,.,arna, Revenue s23,i ,296 and IN 'ho 'eec'p's
n,,soc,aneous sources s.. .sl92is. fro", '"c "e~o
-. ., ,,ese items should be dedue'c" q"
q, sna $40 IN the receipts from sa''' " ,r,. 10y
,navng the net reduction rs stateu aoo'' 80" ~ -.
,,,nres amounted TO $2ff,l2o'Iat' "oo % ,'
ths amount in 1888 Of s2i2Si's''. in' -
~. =, on. reduction Of the Pablo ueot "n,"n'cu W
aoe .o s decrease of S2s is5 si1 form that of the
SiV''''' The items OF expenditure showing a de-
are A. follows ON account & OF .ng MAJ
ment $50, an account OF interest on Public
81 90 v5sl.752 There was an increase ot OF
De5to al IN tile expenditures on account OF
"a u,sceancous and Of $2009l64 IN the ex-
oos,dt"rcs osv,i s on account Of Navy Department
ps scents ON account OF the Post Office Department
dSn,sd 70 sis is5 decrease OF So 223 s57 from
those OF 1888; the expenditures increased $zoo''oo
having been Si62si'izt'
poxps REDEEMED AND BANK CIRCULATION.
There was collected during the fiscal year from the Ma
,,a,a banks S3024.66s on account OF the semiannna
duiy accruing their circulation, mang tne aino1nt
Sectd on account OF such duty and that heretofore
levied on capital and deposits since me organization Oh
the National banking system, " A. ,s =,
the close of the fiscal bonds OF the United states
amounting to 1881 2o7 $50 OF which s33i was
MD "a secure the circulation issued TO the banks ana
oGo 600 security for public moneys deposit with
such National banks us were deslgha'edd LIE ne
ISsi'ar'ss Iss Sear ses 7ol $50 Of such bcnd.
and s47i 10000 were deposited showing reduction ,%
total moycmcnt of bonds Of $f22, sl50; the move
mcnt in 1888 having been s539,Ood,Ooo. h.,
There outstanding at the close OF the nscal year
s3,2 37S $50 OF the various issues OF United states cur
rcncy the amount redeemed and destroyed during the
year was $s5.97297O making total redemption sihce
the first issue OF currency of s.. .i53 .305,593
There redeemed during The & year bonds OF ine
amount 67696o0 was for the sinking funa; anu anu
1890 $50 Of the bonds continued at S2 per G se fhe
date of the retirement, TO the close OF te msc ~
the Q, osaes OF Which
was for the sinking fund. ,--., -
,cnnn~ were notes ss Of National banks amounting
SI26 572 making total of such notes received since
81 4oi a3O 72 Included In the amounts received are
notes OF National banks that have failed gone into qn
dation reducing circuaton; the amount m such
notes redeemed during the year was $2o,soHoeS'
CHANGES IN THE TREASURY BALANCE.
The abatement Of assets and liabilities for September
30 1894, show that: The general balance was reduced
from S163 232 i63 In 1888 TO Sl49,525O62 IN 1884,
reduction Of 400 accounted for iu part as fol-
lows BY decrease OF in the amount Of gold
624 5gi In 1888 375i7s In 1894 by decrease
81 DO soi 20 st'Tisge3 Of sig7o,oi0 in the United
s'ses notes sft for & e., s,as
silver dollars ovnel by the fseasnsy ir9n ss5
l,easnr, M a., Of si'siiT2Y FROM foeci so1 in issa
M hf sS yl ssa s n ,se1 3 49, "@Ha i" ss 70
sBsssi6ssf N iasi fhe pfpss assets increased from
si5oiissiI h issi to soi9.ggoyis. ficia Novenbes
/ ise3 tu November |, 1884, the reserve decrease "
w, anl,,ti received 10 september no. issi slbee The
resumption ~ spt,ie payments Nas ssinl itplbfs !,
aa s,eass e MA 2soet, apa r, ,sss ,tsss,s NE a,s., a ,s
vas sl7bs5 gio aad he pe,e,ilne tes, 80 hpa' No.
atp M0nihii attiale ini Tie tpai Nss W iNnanp' ,
a sis as y ne ' Assslao ess,a ~ NeW fo'h "Naet
iha act ~ January w. ihfh, United states n'th a'nut
s ~. ,G % .ss asa Hs'i SeT thsge S 'Ss SsS a"
outstanding ~ ths close o me is'a year silver '..i
e7a,s6 during the year The amount hnld ny me
Treasury Increased from sib0od - 70 i,oso
i"cro"ss S Of ssissGSaS during Tie Year Tae amount
noninally outstanding Increased To Sl2326oi2i on
Bepteinbor 30, 1884, and the amount held by thc
Treasury TO S26, i65, $40.
Of September ls 1880 deposits Of gold coin WIN ne
assistant treasurer at Newiork, silver certificates ia
nSrressae me OF OF such issues to June 80. issi was
e63.5O55OO and to September 80 1851 $oo'-ooo ooo
GOLD CERTIFICATES.
There were still outstanding at the close OF the year
e26I4 700 gold certificates OF the old issue under the
act Of March g. 1868; $s5s,s4O having been
redeemed during the year. making the total
amount redeemed $97S $50 46 OF the issue author
a hs act Of june Se g. an
over the amount a year before of $l6902s $50. The
aecd ro SDd sy !ne thus "f leaving
actually outstanding $6s,53l $40 or $l222sll0 more
or The issues which aggregated Sal 900 during the
year. S34, 5000 Of the NewYork and $6,920,00
On September 80 1884 the amount nomnally out
standing 1920 093662o, of which the Treasury held
$33, ,6iO,920
The recommendation made last year in regard to a
the expense OF OF United
nm estimate was made by the secretary
Of The Treasury. but which failed to re-
ceive the favorable action Of Congress is renewed
STANDARD SILVER DOLLARS.
The amount OF standard silver dollars coined to Sep
81 10 81 i. i.l,t tho Traa
ury held $l42 349.4O9 OF this $97 .ss1
for the redemption Of silver certificates outstanding
fhe amount in circulation $39, ,s0l $685. or about
2lS per cent OF the total coinage As usual the amount
outstanding reached the highest point III December
when IL exceeded $4l 00OO amount never before
reached. The decrease June not great as in
previous probably owing to the scarcity OF one and
two dollar notes; and on September 30 the amount
was S6SO,7l7 greater than the same date In 1888
The increase in the aneunt OF fractional silver coin
held the Treasury. nearly $2,700,OO0 in the year
ended September 30, 1884, was chiefly in fifty and
cS"1 % pa to @ h Re @
months OF that period the expense OF distribution was
iss a Of the issue of one and two dollar notes in June
{ember 80 1883, to the same date in 1884 by over
100000 chiefly in five and three cent pieces OF the
latter denomination more than 100000 pieces found
their way back TO the Treasury during that period and
believed that since the reduction OF letter postage
It be assumed says Treasurer wyman that the cash
IN the treasury in OF demand liabilities should he
ABOUT OF the vi thlltu
States notes outstanding $3l6 O16, the fell
below that rate in August only having been high
4".4 per cent year ago. and at present AT
per cent The average for the five ears and eleven
months since resumption has been 39.5 cent u,
however the percentage be computed between the cash
In the treasury and the liabilities, including United States
notes after excluding all certificates and moneys held for
their redemption, the proportion ranged from
bs2 per cent to 542 per cent, and the average
since resumption has been 52o per cent. The appro
pration for printing notes for the fiscal year 1884
found Insufficient, and the printing Of 81 and So
notes was suspended In February. II resumed
IL june but the supply has not up to this time been suf
hclent to meet the demand.
The decrease IN the notes outstanding was In the de
nvnation OF IL. g. SO $40, $50, 800. s. 900 and
siVVOo, aggregatinR Sl0,024330. n was made up by
srhcfease In the denominations OF S. $500 and 81 900
me Prescriptions for 1854 gs5 04s, ,23G. and ex
1882 f2t3i2.si2 '''o''- " '"o'o VI
'ne portion Of the year and since its close the
.nu. y, uhbd htstes notes received monthly I'm nav
nsa. pl uues On Imports was greater than ior several
The amount o. fractional currency redeemed during