Los Cerrillos rustler. (Cerrillos, N.M.) 188?-1891, 1890-11-28


roFt on opefst uns an conditions 81 the
THeasuW fnF tha nsesl year endsa June a.
The net ur4lHarF neTwnnss amnunted O.
tf8ka~ -. = sun buf - ice eAresdsi 70 tee
history q ths Guxernusvut Hns Increase
over tue wear before 80 fIana a2l of walru
nlfAw - eane frum the iaternal ~ uus
TIE ordinary Expenditure wsre fMf.9mAA
~ iueruHss a fla.fusa aver those - tie
yet before. lac gfawth ~ the rsssHuH
49, therefore q little greater than that -
the ekaHHditurss and there = utd have
been n falling 81 IN the latter but tor the
iuateasa in tn psnstuua The surplus ~
amuea wera ataa.alG.kaA 81 wa&eh &AAats1A
waa pad out BE- premiums on bcn4s rur
chased.
Aeearalnv 70 the warraats. fhs receipts Of
the Post eules q D tFtmout were tltes0tl
and the sxpeudituref Sc oil. Is. a. Increase
Of uetsesa ts.e9seal anu igea - On beta
sides.
A. the close 81 business jane 81. issa. there
stood charged 10 me Treasurer on "a books
q thu department the s4m Of . g Sails
To this we're added the receipts ~ the , ar
from the revenues. AMI on account Of the
public amounting iu AL e. f6fs aa.aA, 80
that tha aggregate Tor which he VA &C.
eouHtaBIe during tue year wa- 81 aaLf7atsA
OF tuis he utshursea g. H.&f5. an warrants
81 the department lumV iuW st8la T.t1f in b
charge on June -. lsn There i in
cluded Ia these accounts, however, mp.
wsri OF 2s0p1.0D On deposit with the
states under an old law. besides nearly
u mllilsu aud a ha 81 unavailable tunds,
for whlrh the Treasurer was not rtspnn
sible. an the other hand there was on de-
pnslt With him Ter various purposes q lar q
sum II which the department took no &c
count. and he had reeeiy d other sums
which he'd not yet been charged g. him.
/ The true am lunt for which he " - account.
able On June go. i>se, was 01Gi&,s5l, and
Saas JIs.a7s a year later, against wuicu ne
he'd u ukr am lunt OF assets consisting OF
gold, silver. paper currency aud depo~t :
with National banks. Tue amount 81 gold
In the Trsasu y increased during the year
from 500. 81 no 90 f31oa3i.It aud the silver
from 81 100 80 10 SltG,s1,ood
Ike u.ive 81 amounts GA deposit there
was IN the Treasury belonging e. the CIV.
erument on June 3 issl 1850 s,a23 ana On
Jun 80. isa. Aks6 astsl5. the amount OF z III
having increased about A,nnl,u01 While the
SILVER decreased nearly .g0lf,ula The lta.
buities decreased during the year from
Y2t.g8i So to Il : l2i.5is. aud the reserve,
being In excess of assets over liabilities,
ran down from Ies.a1g u7 To slia 4Gttg1.
The difficulties In the way OF making n
plain statemc { of the liabilities OF tue
Treasury aud I the public debt Hre pointed
cut aud the changes recently made IN tAe
debt statement explained. The total ohlt-
. ~ HtAH vi thu = AHFsa y - tH $500
uslH.G7s,t5 on June 50, 1889, AID ft,742 Atl63
on June 80 10. Tao d bt less cash IN the
Treasury vas N,0lh,t 8tGgi On the former
debt and WIS a5i.3l ,0s4 on the latter Not
counting the certihc ties of deposit. the
prop ebt. In tn shape OF bonds uni cir
euiatin notes WIS reduc q from N25l,a4},.
1876 10 SIita4 o asG This was effected at a
total cost of tllIQ5 .1B fr rrin, lpal and
ptemlums. Nearly s54,000 100 Of 4 per cent
bonds were purch t-ed.
Importaut chan fcs took y ace In the cir
Gu atinR med um. but hey were of Il more
favorable character than ,hose OF he year
before. There was q gBin ct SO 00l.UO 81
gold. nm increase of $4,000 0 in that of sill
r. and IA con ractIun Of SO. W.tu0 In tile
volume at bank notes. resulting In IA net in
crease Ct s32,000,g0o in the aggregate
supply Of m tuey.
In view # tn prominence which the
money CALCULATIONS aud the relations OF the
Treasury thereto have assumed in public
! discussion tue Treasurer til nks the time
opporiuac for presenting 81
kind to throw light IN the subis { Accord
nuly H. explains " til care the eff e
which the operations OF the Ire sury hnv'
I anon the ct-ru utiuu medium, how the stool
, in the country ~ uscert ttnrd, and how tn
amounts ot the sever 4 kinds of currency II
the hand or control OF the people a. arrive'
) ut lie gives voIuminous taUies, extending
over TIE luAi ihiIttFh WI - NAlth HAff
} the issues, reiempttons ana amounts OF IN
/, standing of each kind Of United 1t ties eur
rrncy - denominations, tue total vulu n'
! II each denomination outstanding ut tn
: end of each wear; the amounts In the Treas
urv and circulation at the en- of eacl
m nth the estimated stock of < Ill and I'll
+, yer In the country Ut the end of each yea
to 1855, aud at the end @ each quarter there
? after. and finally the amounts of 81 h an
> al held In the Treasury or estimated &
[ he In circulation at the Same periods
Not much change has taNen ptae
. in the IN vom mt of the United States notes
: There was a Il cline of activity In the issu'
; anu redemption of gold certificates, with
net increase OF only $4,000 IN the amount
/, standing. The landings we're most : q
= the large denomination which ara used !
r the collect ON of customs AID the settle
m, MT of clearing house balances In Net
: York. The absorption of legal tender sttNe
. into the circulation. In the form of tho cei
Z tihcnte of deposit has been fully up to tn
4 means of the Treasury for supplyin H.
: On June 80 there were nearly s~!,100,u01 {
uncurrent go d and silver cotus In I'll
Trensury, besides 81. O0,00O at San Francisc
which IL 6 uuch worn. The appropriate
IF S2n.O 900 for the year Will serve Tor the II
y coiung Of only about '45O,Wl ot sltNe
Counterfeit notes 7 presenting IN aggt'
4 Z {, value Of $40 were presented at u
office, az Increase oil - 4W e V Z tine year o'
= fore. There were rel Hcted S3.si6 spuriot
0 silver coins, Of which the greater part wei
o dollars.
4 There was a decrease of less than $1,000
In the bonds held on deposit to see u
; National bank circulation. seventy thr'
X banks were discontinued ms depositori'
l. and eight new ones were designated.
some important changes occurred In q
A Pacific ra lroad sinking fund. and the II
dian trust fund. The redemption oil bar
% notes amounted TO nea ~ s70,OO0,0l0, a d
T. crease of upwards of sls,Uo0,OO0 n compar'
with the year before. owing chiefly TO q
4 lower prices ruling fur bonds. the deposl
for the rctlr ment of National bunk not
amounted to onlys1l 900 OoD by the act ofJu
= IL, Is0. these deposits, to ether with Il
bnlnnce of them Remaining In the Treasu