Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-11-23
A Very Satisfactory Treasury Bx
hfbig.
elegranh to the Dlsnatch.I I

[By telegraph 10 the Dlspatch.l
WAsHISGTON, November 22.-United
States Treasurer Hyatt has submitted 70
Secretary Fairchild his annual report OF The
operations oi the Treasury, from which
some extracts are given herewith: The net
revenues OF the Government for the fiscal
year ended June -, 1893, were S370.2GG.O1t
and the net expenditures S267, 92i,S0l. The
surplus receipts available ior the reduction
Of the public debt being 3ill.3ii, ,273, we're
an Increase Of 81, so, ,l76 over the year be-
fore. As compared with 1887 the revenues
were 81, ,sG2, 707 greater and the expenditures
a. ,378 less. The reyenues OF the Post-Olaco
Department were So, ,229 1884 aud the expen-
ditures 800, ,s94 29S, there being a deficiency
Of S3,GC4, ,9l3, on account OF which g, i60,-
$50 was paid out Of tho Treasury. The
Treasury balance increased during the year
from $50. 22l,370 to Sl2O, S04,2f2, and the
total assets. including certificates ~ deposit.
IN cash, from 1922 304.2S4 20 S16i, 720.53J.
The net change OF 900. $40. s63 In the balance
was produced by ah increase OF $3I.52G, ,f6S
IN assets aud decrease OF S23.053, ,39i IN lia-
bIlities. The silver balance fell OH more than
S27 COX, 600.
There was a net decrease oi ga, 7ss, $50
during the fiscal year in the principal OF the
interest bearing debt. The total purchase
Of bonds for the sinking fund and out Of
the saTplus revenues were S5l.464,3 800, the
net premium paid. exclusive OF sccrued IN
terest, being sS,270s42 The gold aud sill
YER coin and bullion In the country and all
kinds Of notes aud certificates outstanding
on June 30, 1857, amounted 10 sl,3z5.2J5..
$50. and on June 30, 1883, 10 S2. 093, $50. O12.
The stock Of gold and silver increased from
81. .0O7, ,5l3, 001 20 81 ,092. .39l, ,690-mostly In
gold. The increase in the volume OF paper
circulation was sS3,i2l. 400, resulting from
an increase Of $llO,3l0, $50 In the amount OF
| certificates, and falling on Of s26.o'j5, ,004
In the total OF notes aud fractional currency.
The coinage OF silver dollars during the
year amounted to $50. 484, ,673, making total
| coinage OF S2J9,42L,T90. The increase Of tbs
net distribution was only SS2.l58. Owing
10 a scarcity Oi one and two dollar notes sud
I the demand for movement OF the crops
nearly nine millions we're drawn into cireu-
/ latlon between MAY and November. 1851,
| but when the notes were again 10 be bad the
silver dollars came back TO the Treasury rs
/ fast as they had gone out. The Treasurer II
| OF the opinion that the people have all OF
| these coins they want or are willing 10 lake,
| and recommends that II purchases OF nl-
yer are 10 continue the bullion be put into
the form Of heavy bars or ingots. arguiay
that the present supply OF silver dsl-
lars will be sufficient for any demand
there II likely to be ioF them. snd that any
increase Of certificates circulation could be
based With perfect safety on uneoined
metal. Tue new silver vault In the Irea-
sury building, having capacity OF 500, ,0oo.-
COO, sud said 70 be toe largest treasure yanEt
In the world, Is being iilled st the rate OF
bali million day. IL will hold Q total
coinage OF three years, but at the end OF that
period a still further st0rsge-roOm Will pro-
badly have TO be provided unless coinage is
suspended.
At the close OF the year the Treasurer held
Sl1ssi2,G50 OF United states bonds 10 secure
national bank eIrcuiation and ESQ, 6,i2s.eSo
10 secure public Moneys hala By depository