The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1885-07-03
YOUR UNCLES BOOKS.
SOME FACTS CulLED FROM THE
NATIONAL BALANCE SHEET.
What the Big Ledger Shows as to Avail
able Cash, Gold Fund, Dads Dollar,
and Annual Receipts and
Disbursements.

WASHINGTON CRY, July 3-The June
debt statement, issued Wednesday, closes
the accounts OF the government for the fiscal
year ending Tuesday. The decrease in the
debt reported for the year is, in round num-
bers, Sos, 500. 900. Large as this sum APP
pears it is far below that for
either of the five preceding years,
the average for which was nearly
umn OF interest bearing debt shows that the
reduction for the past year was but $50,
Az, $50. while the reduction in the debt on
which interest has ceased was SIS, 600, 900.
There has been no change in the figures
Of the bonded debt since November last,
no call for 3 per cent. bonds having
beeb made since that date. The available
balance now held is nearly $l73, 0OO, 900, and
considerable inquiry has been made lately
at the department by members of congress
to learn what sum 1t is deemed necessary tc
accumulate before the point is reached al
which bonds may be called.
The fact that the secretary does not cal
bonds, with STE, 000,0 900 available cash.
contrasts so sharply with the policy hereto
fore pursued, and under which the bonded
debt has been SO largely reduced, that it is
beginning TO arrest public attention and
to challenge criticism. The available
balance now on hand is the largest
ever held by the treasury. Compared witt
Jan l, 1879, when specie payment was re
sumed, it shows an increase of $50, 000, 900
and the gold fund not covered by outstand
ing certificates was then only Sill, 900, 900
whereas it is now over Sl20, 000,00 Ac
cording TO the new form of statements
adopted by Treasurer Jordon, after deduct
ing all outstanding liabilities, 800, 900, 00t
for reserve and $50, 900, 900 for 'unavailabl,
assets, the net balance is nearly SAL, 900, 900
The gold fund continues to increase, AMI
the amount now held is over S247, 600, 900
against which there ara certificates out
standing amounting to $l26, 7s59, 80, re-
duction of nearly 81. 900, 900 in certificates
and an increase of nearly $4,000, 900 in net
gold siuce June J. The silver dollars he'll
number l56, AIS, lib. an increase during tn,
month of about 500, 600. The silver Ger
tihr stes outstanding amount to SOL $50,
e46, a decrease of s., SOC, 900 for the month
Since March / the treasury has gaine'
nearly S24, 900, 900 of net silver dollars, an'
lost 81, 000, 600 in net gold.
During the year there has been decreas
in the amount of bonds held by the treasur,
to redeem national bank notes of 81, 900,
900, the amount now held for this purpos
being 1912, 600
The aggregate receipts for the twelv
months show falling Off of SIG, 900, 00O
compared with the preceding twelv
months, Of which loss Sl4,0O0, 900 come
from customs, and &c. 0O0, 900 from interna
revenue. The expenditures for the yea
just closed also compare unfavorably wit
those for the preceding year, being in exces
| Of the latter SIS. 600, 900
| The annexed table show the receipts an
and expenditures for the fiscal Years endin
| June 80. 1894 and 1875: