Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1889-11-11

Treasurer Houston Sends In a Long
ury June so Last.
WASHINGTON, Nov. 10.-Treasurer Houston
has made a long report Of the operations Of
his Office during the year and the condition
of the treasury June 80 last. The year ia
characterized as remarkable one in the his
tory of public finances, beth revenues and
the expenditures having been exceeded but
few times since the foundation Of the govern
nent. The former was $685., 05O. 05s and the
latter $3.50 :28S, 976, inclusive of SIT ,292, 1862
paid in premium on bonds purchased. The
surplus revenues June 80 were $751;
761 ,0so, decrease of $23,5S0,193 as
compared with the year before, counting
premium on bonds as an ordinary expendi-
turs. On June 3, 1883, there was in the
treasarer's eustody in cash and effective
credits $764, 729, 1856 and year later $780,
643, 871. The current liabilities received in
interval FROM $140, 291, BAT to $127, 031 $3.50
and the reserve from 1929, SOC, 047 to $780,
O97,047. The gold in the treasury in excess
of certificates outstanding was $193, $40, 172
in 1888 and $186, 1851, 400 in 1889. Not
withstanding the loss Of gold, both in the
aggregate and in the amount not covered by
certificates amounting to nearly four per
| cent, the position of the treasury was
strengthened In every respect save the amount
of reserve. The total assets, the liabilities
and the reserve all fell off about fourteen
per cent. At the beginning of the year the
free gold was 81, 000, 900. and at the close
| SOS, OOO, 900 in excess of the demand in liza
bilities. The changes that took place in the
currency were an incrsc 10 Of about 81, Geo.
600 in the stock Of silver contrac-
ton Of $41, 060, 900 in the national bank cir
culation and loss of $25, 750, 600 In gold.
| The last IL unusual, each former year since the
preparation for the redemption of specie pay
ment having witnessed An increase OF gold in
| the country. The amount of the loss is less
| than per cent. of the stock, and the fact of
| the loss itself 10 not considered significant in
| view OF the large number of Americans that
| have visited Europe the past summer and
the rapid influx Of gold during the two years
| previous.
The total stock of gold, silver and circu-
| latipg notes was o. 0SS, 334, ST. In 1888 and
I 50, O99 ,SeS, 71S In 1889. It would seem from
these figures that there had been an increase
| Of the circulating medium, but the certi6'
merely representative of moneys in the
treasury, and to eount them with the
coin and notes - which they give
title would be duplication. If they b
ast aside and the actual moneys dis
posed according to ownership the foregoing
figures will be reduced to 81 sos, 904, 664 TO,
1883 and 81, e6s, O95, 400 for 1889. making
apparent contraction Of about $3S, O00, 0ot
in the total currency of the country. AZ thu
holdings of the treasury decreased In the In
tsrval In the sum of al, 600, 900, the circula
tion increased So, oO0,0 The public los
SIS. 600, 900 of gold and $50, Oe0, 900 of notes
and gained $50, 600, 600 in silver.
Pensions for residents Of the State 0
Connecticut have been issued as fellows:
Original invalid-Amos Raymond, Mil
Plain, Steward, @. Bennett. Norwich; in
crsase-Jamss g. Bradnack, New Haven; Z
J. Barsley, Bridgeport; N. Shaw, Ehnghar
Falls; J. O. Shattuck, Brookline; O. Forbes
| GroYeton.