New-York tribune., 1890-01-03
TIE PUBLIC DEBT DECREASING.
FEATURES OF THE STATEMENT FOR DECEMBER
FIGURES FROM THE CONTROLLER
OF THE CURRENCY

FEATURES OF THE STATEMENT FOR DECEMBER
FIGURES FROM THE CONTROLLER
OF THE CURRENCY
Washington, Jan. Q (special).-The monthly public
debt statement issued from the Treasury Department
to-day, shows decrease of 49, 003 in the debt
during December; and for the first half of the
current year. S23 6s3,71o. The total debt. less cash
In the Treasury on January 1. 1889. was S1.134.-
o62,25s; and January 1. 1890, it was s1o52s
952, oil; showing reduction during the calendar
year Just closed of Se1 1O9347 During the previous
calendar year the debt reduced S91, 1,536,144 The
principal of the outstanding interesbearng debt has
been reduced 1921 100 during the last year. and
to-day aggregates $500 959746 This includes $12l'
367, 200 four and half per cent bonds S629 7o5,1OO
fours, S14Oo0OO0 Navy Pension Fund three per
cents, and the SD 623,512 Pacific Railroad bonds.
the latter having been included in the bonded ndebt-
edness Of the Government since the new form OF
debt statement adopted and put out by secretary
Manning on July 1, 1885.
The net cash surplus in the Treasury to-day is
$50, ,595,142, against S4O,249,1sT month ago; ana
Is $50 900 900 less than January 1, 1850.
National Bank repositories to-day hold S4O,939,soS
OF Government funds. decrease OF about So,oOOOoO
during the last six months and of S11oooOOO since
January l. 1885, when these banks held So a,39o,l63
The gold fund balance the Treasury has increased
about SO, 100000 during the last month and now
amounts to $780, O52, and the silver balance. ex-
elusive of 100000 trade dollars bullion, is S10,24o
067 or $500 600 less than month ago. The gold
fund balance has decreased $4,000 900. and the silver
fund balance 81 100000 in the last twelve months.
statement prepared by the Controller OF the Cur
rency shows that the National bank note circulation
has decreased S36 1856 967 in the last year; on De-
cember 81 1885, the circulation outstanding ag-
cresated Sl97O7s9ls. Additional circulation issued
to new banks during the year and 20 banks increasing
their circulation aggregated S5625335, while S42,-
023 3O2 was surrendered and destroyed.
Government receipts during December aggregated
goo 595 .5O4, against $50 16O,262 in December, 1885,
Tae customs receipts last month were S15925lO7 or
about 81 100000 less than in December, 1885; and
internal revenue receipts in December were 1OO3,-
s48 or about 100000 more than in December year
ago. The receipts from all sources from July to
December 81 the first half of the current fiscal year.
aggregated 1892 4O7 about 81 100000 less than
for the corresponding six months of 1855
on the other hand, expenditures curing te nrsu nan
OF the current fiscal aggregated o,olo s' OF
$4,000 900 more than expenditures during the cor
responding months of 1885. OF this increase In eX-
peIditures. compared with the first hah OF the pre-
ceding fiscal year. ~ 100000 is duo to an increase
In War Department expenses. about 81 100000 In
crease in the amount of premium paid for bonds pur
chased and $500 900 increase in pension payments
The pension payments for the last six months aggre-
gated sol 2sOO6S hut Of this amount about 50 100000
is justly chargeabe TO the last fiscal year, that
amount nearly, having been paid out last July to
settle pensions due last June, Or before the beginning
of the current fiscal year.
The interest charge on the public debt during me
last six months 81 ,662 020 nearly S2,IoO,OOO
less than for the corresponding months Of 1858.