Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1890-11-22

The Treasurer's Annual Report National
Hank Circulation and Othor Financial
Matters 4 satisfactory showing.

che United States, Hon. James N Huston,
has submitted to secretary window the re-
| mort on operations ami conditions OF the
Treasury for tho fiscal year ended June ~.
| The net Ordinary rrvanu amounted to
| ti0t, OS0 $50, n sum but twicu exceede In the
history OF the Govern ineni. The increase
| over the year before was ST., 030,04 OF which
sll7Is, i0l came from tho Internal rev, nue..
The ordinary expenditures were $297. 7S6, is6.
an increase OF ST., 7S9,s7l over those of the
your before. The growth OF the revenue
was therefore q little greater than that OF
the expenditures and there uld have
been falling off In the latter but Tor the
increase in thu pensions. The surplus rev
enues were $lO5,3ti,i9i OF watch 2D.SOi,2a
was paid out 10 premiums on oon's iur'
chased.
According to the warrants. the receipts OF
tho Post. Office DIP ,rtmcnt were $6l. iO6.On
and the expenditures 49, OIL, !6I. an Increase
| of between !5,0OU. 00J anu 80. 900. OJO ON both
sides.
At the close OF business June 30. 1873, there
| stood charged to the Treasurer on III books
| of the department the sum oil rs 8s9.lls
| To this were added the receipts of the y 'ar
| from the r.vonucs, and on account OF the
| public amounting in all to $6is S1a.SSS, so
that tho aggregate for which he wa ac-
cOuntaDle during the year was 81 3l17I,i89.
OF this he uisbursed 90 80. 2i7,GS on warrants
OF the department. leavins SG9l.5 7,iJi in HIS
charge on June 81. 1880. There Is In
cluded In these accounts. however, up
W ri OF 2S.0OO,OOO on deposit with tho
States under an old law D's SIDES nehriy
milli'n and haf of unavailable iunus'
for which the Urea urer was not rrspoh
sible. On the other hand there was on de-
posit with him Tor various purposes larfe
sum Of which the dnpartment took no nc
count, and he had recev d other sums
which had not yet been charged TO hlIil'
The true amount Tor when ne was account.
able on June 10, 1853. was s6O'6i3'sI. ana
SI11 9lo,OIs year lhtrr' aRuIhsI "h,ch We
held like amount OF assets consisting OF
gold, silver, paper currency and deposits
with National banks. The amount ot soid
In the Treasury increased during the year
from ssO3, ss7.7l9 to ss?O,9SS li' and the silver
from SSl ,lOO.17Y to S5I6,S zoos.
Exc usiv" ut amounts on deposit there
was in the Treasury belonging to the Gov
eminent on June 81, 1853. 1880 s,9I1 ana ON
June 80, $780, 1885 SStSlo, the amount OF III
having Increased about A,OO,,OOO. whlie the
silver dccreased nearly '9O),OOo Inc iia-
bilities decreased during the yehr from
:l2',sSl ss1 10 u l+,'lS. ana the reserve
being In excess OF assets over iiaOiiites'
ran aown from ise'''s OA' 10 si's Eo''sI.
The diihcuities IN the way oil making
y
treasury ana tthe pubic debt are pointed
out ana the changes recently maze IN '"o
ueDt stat meht cApi'iheu' me tot"i QUIZ
ga'lnnS OF tue treasury IN I'LL accounts wero
AS!o'6's,4I" on june So: 1883 anu si'i| - LIDS
on Jun" ~ ~! Ihc u'ot less cnsh III the
Treasury was l'OSo'' S4'6o' on the former
debt ana was 'Soi'S! 'oe4 on the iater: NOT
counting the cer'inc ties OF uep' SIT. the
prop'r cbt, In IN" shape OF bonds ana CIR
notes NM
1856 to N.li',40'ss6 This was effected ut
total cost OF !lA@!,!iS Tor principal ana
premiums, Nearly SH,OOO1OO OF per cent
bonds W. 70 purch '"ed.
Important changes took p ace In the cir
Gu ating dunn, but hey We're OF a more
favorable character IMAM nose oI ne year
before. There was a gain OF sl5.OOO.OO0 in
gold, an Increase OF $4,000 IN that OF sill
v r. and con rnction oil S!6'' OOCOO In the
volume OF bank notes. resulting In Il net In
crease CT $S2,0O,OO0 In the aggregate
supply Of IN .ney.
In view cf tn prominence which the
money Calculations aud the relations OF the
Treasury thereto have assumed In public
iiscu>sion tie Treasurer thinks the time
opporiune for presenting Information of a
kind to throw light ON the subje Accord
ngly h. explains W til care the eff ct
which the operations OF the Ire sury have
upon the circulating medium, how the stock
in the country is ascertn ined, and how the
amounts OF the several kinds of currency In
the hands or control of he people al arrived
ut He gives voluminous tables, extern ding
over tue last thirteen years, which show
the issues. redemptiOns and amounts OF the
standing of each kind of United st ties cur.
rrncy y demon nations, the total volume
~ each denomination outstanding ut the
end OF each ear; the amounts In the Treas
ury and circulation at the en- of each
m, nth; the estimated stock Of z Id and Ill.
yer In the country ut the end of zach year
to 1885, and at the end OF each quarter there
after. and finally the amounts Of en- and
all held in the Treasury or estimated to
be in circulation ut the sams periods.
Not much change has taken Place
In the M vcm"nt OF the United States notes.
There WINS d cline OF activity In the issue
and redemption OF gold certificates, with
net inrI case OF only 'B,6O0,00I In the am Junt
standing. The landlin1a ware mOat Of