The Red Cloud chief., 1886-01-15
THE LAST CALI
SECRETARY Mannieg's Hssscos for CA'iss6@
Bo.d.-AxrteuiturAi Statistics

Secretary Msnniss's R>ssoos for CA'iiss -
Bosas-Axr,euiturai Statistics
WASHINGTON. December 3;.-Trea,uref
Jordan said to-day tina: the Secretary OF the
Treasury was moved 20 issue yesterday .
call for $40. 900. 900 three PET cent bonds IN
order 10 prevent any uneas!ness III bus ness
circles touching the present: movement az
! Ko.d 20 Europe. and to give ASSURANCE TIA:
the Treasury will use lis gold tn supply
drafts made upon tanks for export IL .
no, app,ehended AZ the Treasury Department
tina, the foreign exchange will long remain
q, the poin, a, which prof: invites the ship
men, Of gold, but the department DEEMED
10 prudent 10 give notice by the call OF
bonds tina: the Treasury will 10 whatever -
demanded By the public interest 20 prevent
needless alarm and panic over the tempo
rary advance in foreign exchange. This
NAV De one of the causes that
Influenced the Secretary OF the Treas
ury In issuing tho call, but u l.,
no, the main cause. IL was known several
DAYS ago, and before the export movement
had set in. that a call Of bosds was being
considered. and IL was stated In these dis
patches las; Wednesday night that a cal!
would re made early in January. The fact
Is tina, the large and steadily accumulaisns
cash balance In the Treasury made a call OF
bonds imperative. and tho acton Of the
Secretary WAS FASTENED by the scont-n,
with his policy III this particular. which he
and the Pr.silen, daily heard uttered by
Congressman, and which WAS finally voiced
by Mr. Beck In his recent speech In the
senate. IL is pretty certain that n call for
bonds would have been made bad Mr.. Beck
not made his speech, but IL - d0uaitu! d!
tue call would have been issued until Tie
condition of the Treasury after January !
was a-c-rtained. Upon that date nearly
SO. 900. 600 became due and payable for IN
teresi, and il wa, originally determined not
10 issue q call for bonds until there should
he signs O: the return Ia the Treasury OF
this January output. but the public agi-
tation alluded Ia. and the steady accumula-
ton of the Treasury balance, and the pres
ent movement of gold TO Europe. combined
10 induce the Secretary tottissue the
call. OF the Sl9i 900. 900 Of 3 Ier cent
bonds now outstanding. the Treasury holds
for the National banks Slii. 0O0, 0OU. so
that Of the bonds called fully sevrn-tenths
Will be surrendered for redemption by the
banks, thus necessitating n substitution of
ttiicI UpIIS ApI tiiC~t Nutltiitltlt VI, tt ~ tbl-
responding reduction In Their circulat-
ing notes. Secretary Manning holds
that the sinking fund requires for the
current fiscal year about SIS, COO, 900. In
conversation to-day the Secretary laid that
il would not be prudent to call bonds for 81
large an amount at one time and therefore
he concluded To make 4 call now. This
would indicate that the Secretary intends 10
issue fous calls Of $40. 000, coo each In adj
ditiou 10 that issued yesterday between now
and June /. The cnnd ton of the Treasury
at the close of business to-day. the las:
day of the month and the year. Will show
an improvement of several million dollars
over December /. The receipts thus far
have exceeded the expenditures over S.
CO0,O 900. and il is likely that the debt state
ment. To be issued Oh Saturday, will show a
reduction, so called of 4, least $4,000, 900.
AGRICULTURAL srATisriCs.
WASHINGTON, December 3l.-The es;i-
mates If the S;atistIcian of the Department;
of Agriculture for the principal cereal crops
OF the year are completed, and the aggre-
gate bushels are as follows, in round mil.
lions: Corn. 1886, 900, 900; wheat. 35T. O00.-
O00: oats. 629. Oo0. 200. The area OF corn is
-, 0o0, 900 acres; of wheat -, 900. 600: of
oats. %, 900, coo. The value Of corn
averages So cents per busIei, and
makes an aggregate OF $685., 900, 900.
S.. 900. 900 less than the value of
the last crop. The decrease in the product
OF wheat is 30 per cent. and only Il per
cent. In valuation. or S215. 600. eOo. The
Of oats is $50. 900, O00. The re-
duction in wheat is mostly in the valleys OF
the Ohio and In California. The States of
Ohio. Indiana. Illinois. Missouri and Kan.
sas last year produced 10, 0G0, 000; this
year 81. 000. 900, u reduct on of 80. 900. 00C
bushels. Tie production Of all cereals =
81 bushels tn each inhabitant. and the az
volume is larger than any former
year.
WASHINGTON December 3I.-TIea.ury
officials express the opinion, founded on the
fact that the receipts have been very High,
the month. while pension payments
have been made IN 4 considerable amount; on
account -. asst month, that the public debt
Will show an increase OF nearly
1000, 900 during the current month.