New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-12-03
TREASURER YEBEKERs REPORT.
OPERATIONS OF THE TREASURY FOR THE FISCAL
YEAR DESCRIBED.

YEAR DESCRIBED.
Washington. Dec. 2.-E III. NeoeKer, treasurer VI
the United States has submitted his annual report III
regard TO the operations and CONDITION Oh tne
Treasury to Secretary Foster. The net Ordinary
revenues OF the Government for the fiscal year were
sooo $40 AL or slO4Gs $50 less than those OF the
wear before. The net ordinary expenditures, excu
slye Of the amounts paid in premium on BONDS pur'
chased were 1855 653 an Increase OF So'
The surplus revenues thus cut down rom Sloo'
3t4 4e6 10 S37 762 which last sum was apphed 10
the reduction Of the public debt The postal revenues
amounted to S65 005 and the expenditures to ~
oG7 ao nm increase of about 100000 on both sides
on June 80 1890, there stood charged 10 inc
Treasurer on the books OF the department balance Oh
1901 4O representing the excess OF previous re-
GENTS over expenditures. To this were ADDED Tie re-
ceips OF the year from all sources amounting 10 "oo
sci 3O5 which mace an aggregate OF Sl'fo' 'o4o''Oo
IN he accounted for. The disbursements authoriZeu
by the warrants OF the Department nciudng those vi
account of the public debt, were S13l l2o'3'o' so
,bot tbare was left a balance of 1920 332
The balance of the Postoce and other accounts made
tho reaslrer's liabilities 1897 iJ2157 at the opening
Of the fiscal year and S7'7, o54,9fo mt the close
After making certain deductions the true assets and
liabilities are found to have been 1857 DIS o78 on June
20 1890. and S74s, BAT, s66 on June 30, 1891.
The reduction effected during the year In the prH
cpal OF the bonded debt and the circulating notes
and required an expenditure Of 1891 4o4, nclud
ing the premiums on bonds purchased The reduc'
tion in the annual interest charge was S4,322,O92'
The amount OF money in the country on June Jo'
excusye OF certificates in circulation, tor which Inc
Trcasury held deposits was S1e76o7s,102, OF which
Al 40 Al O19 belonged the Treasury and S14oo-
696 Os3 was In clrcuaton. There was net loss of
40 600 600 Of gold a net gain Of upward OF S4o,-
600 900 of other money and consequent contraction
NJ about 100000 in the whole volume
The increase realized in the last year has been nearly
dopbe this average Of S35 100000, and in the last
two wears the average has been exceeded by S4"'-
OOO. 900.
Improvement in the condition OF the cohage' par
ticuIarly the silver, has been effected, nearly SooV
600 Of uncurrent coins in the Treasury having oeeh
rastored 70 full weight. The amount OF fracuohdl
silver in the Treasury has been much reduced COu
forfeit coins and notes OF the nominal face value OF
nearly 40 600 were detected az the Treasury ofhces
considerable decrease from the year before, WHICH
shows. presumably, corresponding Improvement IN
the condition Of the currency. Three new couhteris'S
have Appealed all Photographic
Nearly s67 600 900 Of National bank notes were re-
deemed an amount much above the average, II the
contraction NJ this circulation he considered by an,
,ciratin the maturity of the IL per cent Dous anu
by accepting the secretarys 0ner OF eAiension uU
hanks AVOIDED any considerable contraction OIL thelr
some little difficulty has been experienced IN Ile
rodemntion OF National bank notes through the PER
cont fnd owing TO the narrowness OF the margin
within which ii is necessary 70 "OTA'