Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-11-18
NATIONAL CAPITAL.
Important Census Bulletin on Debts Oh
municipalities.
ESTIMATES FOR NAVY YARDS.
Report of the Special Agent of
the Treasury on Affairs
in Alaska.
Isprc1AI. D1sPA rCEEs TO THE RECORD UNIoN.l
NATIONAL CAPITAL.
ESTIMATES FOR NAVY YARDS.
ESPECIAL DISPATCHES TO THE REconD-usIos.l
FINANCIAL STANDING OF CITE;
Interesting Bulletin Issued From the
Census ONCE.

4'0'@SA,
Census ONCE.
WASHINGTON, November 18th. The
financial condition in 1890 of 85S cities and
large towns is shown in bulletin No. IA
issued to-day by the Census Office. Within
few DAYS a supplemental bulletin will be
issued. showing some facts in relation to
the remaining cities of this size This,
with the one published to-day, will repre-
sent ninety-five per cent. of the municipal
debts of the United States.
The general results for the S58 cities and
towns considered are as follows: The
bonded debt for 1890 shows an increase of
eight per cent. compared with 1880. On
the other hand, the floating debt decreased
seventeen per cent. The increase in the
total debt in ten years is seven per cent
The amount invested in sinking funds in
creased twenty. eight per cent. Cash in
the Treasury increased eighty-one per
cent, and the total available resources in
creased fifty per cent since 1880.
The exhibit, as q whole, Is most salts
factory and gratifying one. During the
| last ten years the 656 cities and towns rep.
| resented in the returns, by reducing their
debt or increasing their resources, have bet
| tered their condition financially to the
amount of $500, 77,0l9.
The Southern cities and town increased
| their debts by So 577, 34S, but increased
their resources by $420657. Their net in
crease in debt is So 156 651.
The Western cities and towns, like the
Southern, have increased both debts and re-
| sources. The increase in debts amount to
| S12 CSC. 07S, and resources $11, 531 ,6S5. Net
increase of debt, 81, 124 1913.
The cities and towns considered in the
Territories increased their debts by $50577,
| &Aa,r A,,nC
| net increase of 81, ST..
An interesting comparison of the annual
| interest charges of the different sections OF
| the country is made. In the Southern
States the rate has increased from 4 81 in
1880 to Sc per cent. in 1890.
| In the Western States they decreased
| from 5 IS to so per cent; in the Terri
tories from 1882 to 9 0S,'a decrease of S ~
per cent. General average for the United
States has fallen from al per cent. in 1880
| to 63 per cent. in 1890, decrease of 07s
per cent.
The following municipalities have re-
| sources in excess of debt: California-Eu-
reka, Napa City, Oakland and Santa Rosa.
Thirteen States have increased their debt
| in ten years, while four States show de-
crease, the largest decrease being that OF
| California, represented by AZ per cent.
The bonded debt of fifteen California
cities was S., $40 lis in 1888, and is s3, 500,
800 in 1890, decrease of S1.942615. The
floating debt of the fifteen California cities
was 500 SOB in 1880, and is S24, s96 in 1890,
a decrease of $14,907. The total debt OF the
same fifteen cities was s5,S11, 91S in 1880,
and is $3,924, 1896 in 1890, a decrease of 81, :
| 957, 522 The sinking fund in 1880 was
81. 139, 865, and in 1890 was 81, 046, 123, de-
crease of $685. 42 Cash in the treasury in
the same cities in 1880, S135, 46S; 1890,
| 1854. 825, an increase of $40, 357. The
available resources in the same cities were
| 81 ,275, 1873 in 1880, and 81 $50, 94S in 1890,
an increase of 1856, 615. The debt in ex-
cess of the resources in the same cities was
81 6S0,693 in 1880, and 81, 472, S44 in 1890, a
decrease of s., POI, $40. Resources in excess
of debts, $74, 10S in 1880, and S179 1896 in
1890, an increase of $105 2SS. Annual in
terest charge in 1880, s35O,0l6, and in 1890,
S232, 265, decrease of $117,751.