The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1885-08-04
THE MONTHLY REVIEW
or THE CONDITION OF THE Ma
TIoNAl TREASURY.
A Reduction Of the Debt That Don't Re
duce-The Gold and Silver Funds
Receipts and Expenditures
Some Dolphin Literature.

WASHINGTON CITY. Aug. 4. The debt
statement issued Saturday shows the de.
crease of the public debt during tue month
of July to be $500, 7S9 90; cash in treas
ury, sass, AIS 7l9 43; gold certificates out.
standing, $40, Gil 800 90; silver certificates
outstanding, $3.50, 2l3 0S6 90; certificates of
deposit outstanding, s3l, $50 90; refund
ing certificates outstanding, 1913, 10000;
legal tenders outstanding, S345, 6Sl, 0l600;
fractional currency, not includ NJ amount
estimated as lost or destroyed, SIS S57 l26. IS,
net cash balance on hand, si4 O52 929 Is.
OF the debt statement the correspondent
Of The Chicago Inter Ocean telegraphs his
paper:
The statement for the first month of the
new fiscal year shows an alleged reduction
in the public debt of s., 652, 49, against
about 81, 00o, 900 for July, 1884 The reduc.
ton for the month just clio ed does
not affect the principal of the bonded
debt, and as a matter of fact there
has been no reduction whatever in the
sense that the general reader wouli suppose
in reading the official announcement of the
result of the government fiscal operations
for July. The reported reduction was OBJ
tanned by the payment of interest on the
debt That is to say, during the month Of
July the interest due and payable and that
accrued amounted to certain sum, which
was Of course added to the treasury obliga-
tons, and on that amount about 5000, 900
was paid, leaving the principal Of the debt
precisely in the same condition as on
June 50.
The net cash in the treasury shows los
compared with July of about s., 500, 600
| According to the new method of arranging
the debt statement adopted by Treasurer
Jordan, the cash available for payment OF
| the public debt is now S44, 052, 929, against
| $40 &C, $50 on July l.
The gold fund foots up s249. 3S7 sos, an in
crease of about SO, $40, 900 during the mouth
The outstanding gold certificates amount tc
| $l23 2S9, go a decrease of nearly 81 500 000
| The net gold is Sl26 O9s, 595 an increase Of
nearly S6000,00 since June 50. This in
crease came from the exchange of gold fol
| fractional silver coins
The silver dollars held now number 1856,
499, 94S, an increase Of s1,Os6, $50 for the
month. Against these there is outstanding
in certificates SOS, s72, loo. q decrease O
$S,65S So since July l. The accumulation
in the treasury of this amount of silver Ger
tifcgtas increases the net silver holdings by
that amount, so that the silver dollars act
ually owned by the government now mum
Der SCI, 627 s42, an increa e of S, 745 est fo
the month.
The amount of United States notes on hanc
is $50, 4sl $50, and of national bank notes
S2,T7l, 242
The receipts from all sources for the montl
we're So, III, 24S, against s29, 273, 994 in 1854
and the expenditures were SIS, 6S3, 2S3
against So, $50 39s.
The increase in the ordinary expenses i
due to the deficiency of last year in tn
postal revenues and TO larger drafts mad
for transportation OF the army in conse
qusnce Of tue troubles in the Indian terri
tory.