The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1891-12-05

WNstlINGToN. Dcc.:3. Treasurer Of thc
United States Nebckcr has submitted
his annual report 10 Secretary Foster.
The ordinary revenues of the govern
mcnt thc past fiscal year were ;$292,ll2,-
Az. or $40. o.4GS .:I,J less than thc year be
fore: net ordinary expenditures. exclusive
Of the amounts paid in premiums ON
bonds purchased. SErJ,312,Gsi. an in
crease of 85J7.G37 .l9S. Surplus revenues
were thus cut down from Tl0J.3i .:J9j To
r'7 .2H,. .1G2. which last summer Was ap-
piled to the reduction OF tn" public debt.
Postal revenues amounted 10 So. 1G2..RS
and expenditures, $72.0G7.5S0. an in
crease Of about SJ00O,OOO on both sides
The reduction effected during the year
in the principal Of the bonded debt
and circulating notes which can
not he reissucd amounted to $llt;.
G9O,213, and required an expenditure
of Sl2G,Dl,Gi, including premiums on
bonds purchased. This sum was made
up by taking SS9,75l.1M from the re
serve in TIE treasury in addition To the
surplus revenues Of the year. The con
scqucnt reduction in the annual interest
charge was Sl.3222W2. According to the
revised figures the amount ~ money III
the country ON June -. exclusive Of
cert .iicatcs in circulation for which the
treasury held deposits, was -lG,Gu,S lU.
of which SlS0.412,Ol9 hclongcd t. the
treasury and 81, l,ial,G,G,0S} was IN r!rcu-
latiOn. There was IA net loss Of >t9,rN.
of, nf f,t
SiO,O0U.OOO in other money and a cOnse-
uucnt contraction Of over s!tWNisN in
the whole volume.
Tho treasurer computes thai during
the past ten YEARS there has been an
average increase of SJ2,oO,Nm from the
, end of june to December III the amount
of money actually in circulation. followed
by an average decrease Of II 1 .2MuWfrnm
the end of December to the emf of June.
The increase realized in the lasl year
has been nearly double this arcrag" Of
%}S,OOO.O0O. and in the last two wears
the averages have been exceeded
by Sl3.OO0.OOO. Unusually larG"
amounts Of notes Of small dcnun
nations have been sent ont 10 tine
west and south since the first Of July,
chiefly for deposits in the subtrcasury m
New OTE. me dHplfIHIt up 10 me Nlil
die of November reached upward Of 80
0OO,0OO,aS against SCI 900 UG0OfCr the whole
preceding year. Mcasurably there is an
improvement in the condition of coinage:
particularly silver has been affected.
nearly II .W0,On of uncurrcnt coins in
the treasury having been Restores H. full
weight. As thc result Of this aut tonr
special Efforts in other ,iir'r'JioH7 The
amount of fractional coins IN tho, tr' as
ury has been much reduced. Nuny in
Vuirics for silver, especially nrW rolns.
have been received. II is h"l"y"l. but
for the prejudice, against all CONS s!"N
ing any signs OF wear, the treasury would
long since have been relieved Of gout
portion Of its load Of fractiura! silver.
The treasurer points out that tins
prejudice in the case Of silver coins iS al
together groundlcss. sine" th"y d"rIr"
their currency, not from weight. hiIl
from the stamp of the mint and ar" re-
ccivcd at the treasury for fu!l value as
long as the stamp can he rcrOgnihci'
provided the loss Of metal is due I"
natural wear. Nearly NT.Un,OOu naii"r
al bank notes have been redeemed. in
amount much above the average. The
deposits of new pcrccnts exceeded with
drawals Of old bonds, and there was an
issue OF new notes amounting tO about
$,JOO.OW.