The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1884-07-10
UNCLE SANS PURSE.
Ib Condition at tho Close Of the Gov.
ernment Fiscal
Year.
The Gold Coin and Silver Bullion Fund
Workings OF the New
Tariff
Washington telegram.l

Washington telegram.l
The Government fiscal year closed on the
3Oth ult., and the public debt statement
shows a reduction Of SlOl, ,OOo, 900, against
reduction Of Sl3s, 100000 during the previ-
Gus year ending June 30, 1883. An exami
nation Of the interest bearing debt shows,
however, that the actual reduction dur
ing the year has been nearly $1l2,OOO.OOO,
which represents a permanent annual saving
in the interest account OF over $3.50, 600.
The one hundred and twenty eighth call
for 3 per cent bonds matured June 80, and
the $40, 100000 thus called were taken from
the column Of bonded debt, which will ex
plain the apparent discrepancy between the
aggregate reduction given in the debt state
ment and the actual amount of reduction
in bonded debt for the year as given in these
dispatches.
The gold coin and bullion fund is now
nearly 1905, 900 900, an increase since June
Of about $3,000,0o0; while. however, this
fund shows an increase of S3,000,00O for
the month, there has been decrease in the
amount of gold owned by the Treasury OF
$4,000, 900, the outstanding gold certifi-
Gates having increased since June Sl2,-
0O0, 900. The amount Of these certificates
now outstanding is over $71 100000 and
the amount OF gold in the Treasury not
covered by certificates, 1888, ,729.9l4.
The number Of silver dollars now on
hand is $l35, ,5G0, ,9l6, an increase Of nearly
$4,000, 900 for the month, and since July l,
1883, Of S23, ,646,s97.
The amount Of silver certificates out
standing is S96.l20,0n0, thus leaving the
number Of silver dollars not covered by
certificates over $4,000, 900, an increase
1 ..f, IL n00 0fn
The available cash in the Treasury is
S139, ,6S7 ,439 Il falling off of SS,OOO,0OO
since June /, 1883.
| During the month the national banks
withdrew S6,000,o00 in per cent. bonds
| forredempton under the call, and deposited
| in their place 81. 200, 900 Of higher rate
| bonds. The amount of bonds now held to
| secure national bank circulation is 1884,
/ 900, 900, against S357 .OO0, 900 one year ago,
| thus showing withdrawal of bank circula-
ton for the year of about 10000, 900. The
contraction. however: in this portion Of the
/ circulating medium is more than compen-
sated for in the increase Of outstanding gold
and silver certificates, during the past twelve
months the increase in silver certificates
having been nearly S2i,OO0,0O and gold
certificates over Sll l,OOo,O0o.
The total receipts for the year were
S3iS, ,0uO, 900 against S39S, ,0UO, 900 for the
| preceding year. difference of 500, OOO, ,OOt
in round numbers.
Dun.g the discussion Of the tariff bill in
| Congress it was estimated that the passage
of the revenue bill then pending would
work reduction of about $4,000. 900 pei
nAnum. The actual reduction in these two
sources, as shown By figures reported to the
Treasury Department, is a few thousand
| short of sd tHnl itHl the reduction in Gus.
toms having been SIS, ,0OO, 600 and Internal
revenue so, ,vou, 900.
The following table shows receipts from
oil sources for the fiscal year compared with
those for preceding fiscal year: