Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1888-12-08
4 GOOD NAVY FIGURES.
Synopsis of the Report of the Secretary of
the U. s. Treasury.


WAsHINGTeN, December 5.-Tbe following
is the synopsis of the report OF the secre-
tary of the treasury:
The report shows that the total ordinary
revenues OF the government for the fiscal
year ending June 80, 1888, amounted to
1878, ,266. .074.76, OF which $319, ,091, :
1898 were received from customs duties
and $124. .296, ,S71.9s from internal reve-
nue. taxes. The total receipts from all
sources exceeded those for the fiscal year
ending June 80, 1887 by 81, 1862, 1910.
The ordinary expenses OF the fiscal year
ending June 80, 1888, were $685., ,653.-
85S.67, leaving u surplus of $119,612,-
1909. The decrease in expenditures as
compared with the year ended June 80,
1887, was $8,27S, ,220.30, notwithstand-
ing the payment OF more than S., ,000, 600
f1s pensit4ssfa szeass 81 ssSa. Twas paid 51r.
that purpose in the latter mentioned year.
The estimated receipt fer the year
ending June 80, 1890, are $377 900, 600,
and the estimated ordinary expenditures
for the same time are $275, 767 ,4SS, show
ing
SURPLUS OF $1O1, ,232, ,51l, ,66.
The foregoing statements OF surplus do
dot take into account the sum necessary
to be expended to meet the requirements
Of the sinking fund act amounting to more
than SAT 100000 annually.
The cost OF collecting customs revenues
for the last fiscal year was 2.44 per cent;
for the year 1885 it was 3.77 per cent.
The excess of internal revenue taxes COL
lected during the last fiscal ear over those
collected ending June 30, 1877, was So
4S9, ,174 26, and the cost of collecting this
revenue decreased from 3.4 per cent. in
8S7 20 less than per cent. for the last
year.
The tax collected on oleomargarine was
$723, 94S. 04 for the year ending June 30,
1887, and 1854, 139.SS for the following
year.
The accumulated surplus September 20,
1888, was $96, ,444, ,S45.S4. Surplus reve-
nue. from that date to June 80, 1889 as es-
timated, are $75, 1865, ,2OS 25, making to
tai accumulation June 80, 1889, which
could be used
IN THE PURCHASE OF RoNDs
$171, ,S10,O54.09 Between said Septem-
Der 20 and November %, $44, 1893, ,5O9.5O
have been paid for bonds, consequently, if
no more bonds were bought between now
and June 80, next, the surplus would then
amount to $127 100000, with surplus al
ready accumulated amounting to S1O1,-
900, 900 would make a total OF $22S 600
900, which might be used during the next
nineteen months for the purchase OF inter-
est bea ring debt. Calculations on this ba-
sis would show that the principal and in
terest on per cent. bonds could be paid
before 1900.
At the close of the fiscal year ended
June Both, 1887 there had been coined
under the compulsory
SILVER COINAGE ACT.
$266, ,9SS,2S0 in silver dollars, $55 ,504,-
376, of which were in the hands OF the
people. On tie 3Oth day Of June, 1883,
there had been coined $299, ,90S, $50, and
Of this sos ,S29,3O3 were in circulatioS in
silver coin, and $200,3S7 1916 in silver Ger
tificates for the redemption OF which silver
dollars to that amount were held by the
On the 30th day OF Novem-
ber, 1888, $312, 2,57O,990 had been
coined. $6O,970,990 OF silver dol.
lars were actually in circulation, and
$237, ,418, 146 in certificates, for which
reason the Secretary recommends the sus-
pension of further coinage OF silver.
Liz NdiuC VI tLC Oh iSiSlSo vi
domestic merchandise for the year ending
June 80, 1888, was $6S3, 1862, 1O4, as
against $7O3, ,O22, 923 for the preceding
year. Total value OF imported merchan-
disc increased from $692, ,319, ,76S, in 1887,
to $723, ,957 ia, in 1888, being an increase
OF $31 ,637 ,346, or 4.6 per cent.
OF the imports and exports carried dur
ing the year only 1914 per cent. was car
ried in American vessels.
The total number OF alien passengers
coming into the United States from foreign
countries, other than Canada and Mexico,
during the year ending June 80, 1888, was
567, $40. Expenditures on account OF
immigration during the year was $780,
S36.1O.
During the past year the tonnage built
in this country was 31S,0S6 tons, COM
pared to 15U,450 tons OF the previous
year. Total tonnage OF the country
amounts to 419, 1857.
THE INTERNAL REVENUE RECEIPTS
of the several objects o! internal taxation
are as follows: Distilled spirits S69,306-'
166.41, manufactured tobacco $30,G62,-
4315 so, fermented liquors $23, 1924 217.4S
Total revenue from this and other sources
S124,326, ,476.32, an increase OF over Fix
and a half millions over the previous
year.