Fisherman & farmer. [volume] (Edenton, N.C.) 1887-19??, 1890-07-11
NATIONAL FINANCES.
Public Debt Statement From
the Treasury Department.
Review of Receipts and Disburse-
ments for the Fiscal Year.

The reduction in the public debt during
June, as shown by the monthly statement.
issued from the Treasury Department was
$50, 633, 72S, and for the fiscal year which
closed July LIST, $53 Al, As. The reduction
during the preceding year varied but
little from this amount and was SSS,-
93s, OBS. The total debt on July !. at the
beginning OF the new fiscal wear - $685.
115. 172 and Of this amount S7S3, .i5i, G22 Is in
terest-bearIng debt. In round numbers the
Understanding debt IS made up of SJC2, 0JJ,
900 of four per cent. bonds, 800, oJJ,OU four
and half per cents, 81, 800, 900 Pacific Rail
road six per cents, and xl4,DJJ,OJO Navy
Pension Fund three per cents.
During the last fiscal year the Government
has purchased and redeemed, in round num-
bers, S74. 900, 900 four per cent. bonds and
about 81, 900, 900 four AMI q half per cents,
at a total cost of $I25, AIS 3S7. The premium
paid on the fourS purchased amounted To
$lS, $40, 923, and on the four and a half per
cents. 81, Al, 3Jl a total of so. 3O4 Pa. The
net cash in the Treasury is 500, 400 I48;
month ago it was $50 9Jl, 79l and year
ago 81, asa, 032.
National banknote depostaries hold $31,-
693, 166 of Cover nment funds, gain of about
half million during the past month. The
Treasury gold fund balance has decreased
about One-quarter of a million during the
past month, and amounts to Sl9O,232, =
404, and the silver fund balance. exclusive OF
six million trade-dollar bullion, is $50 G24. 40,
or two and half million mere than month
ago.
Imports of gold into the United States
during the fiscal year just closed were, ap-
proximating for June, S12, SIS, 1872, and the
exports 81, O98, 920, or a loss by expert during
the year of 81, 220, 18S. During the pre-
ceding fiscal year the imports of gold were
$40, 372 14H while the exports reached 500
OBJ, 1886 net loss of $40, G6l, 101.
Government receipts from all sources dur
ing June amounted to 81. SAC sci. against
1872, 757 901 in June year ago, and for the
fiscal year just closed the revenue aggregated
S402, 0S3 go, which is greater than any year
since 1SS1-'S2, when it reached $4O3 525. $50
During the preceding fiscal year the revenue
from all sources was 1897, $50, G5S.
Customs receipts during the last year g
gregated 1929, $50 800, internal revenue re-
cepts $142, 142 O66, and receipts from miscel-
laneous sources, $50, 2S2, 513. showing an in
crease over the preceding year of five and
three-quarter millions from CUSTOMS eleven
and One-quarter millions from internal rev.
enue, and falling off of two millions in re-
cepts from miscellaneous sources.
While the revenue for the last year was
fifteen millions greater than during the pre-
ceding year. expenditures were also greater
and aggregated 1917, 9SS, OLA, OF about eight
cen and three-quarter millions more than
during the preceding fiscal year. The Ordi-
nary expenditures for civil and miscellaneous
expenses War and Navy Department ex-
penses. and the Indian charge, varied but
little during the last two years.
The interest on the public debt during the
year just closed amounted to $50, 1913, SIS, or
about five millions less than the preceding
year. The premium paid GA bonds pur-
chased-S20, 304 22t-was fully three millions
more than during the preceding
year, and the pension charge for
the last year amounted to S106,-
939, 1873 About eight millions of this amount
was used to pay pensions due during the
closing months OF the preceding fiscal year,
SO that the real pension charges during the
last year were about 500, OJ0, 900, against
S95, 100000 i'll the preceding year