Telegram-herald., 1891-12-04
FIGURED UP Thu FUNDS
Treasurer Hsbsksr Reports On
Uncle sans Finances
cosIEyIs OF HIS PLEIHORIC PURSE
asssspss sad Expenditures sf the Tear.
8saasues sf the AAsfsssi Dsst-A
Psr Capita Sircsi2sis. Of go. "a.
Bssas ksass&sd.

WAsazazes. Dee az II. gebeker,
Treasures ef ths United States. reports
that the ordinary revenues of the gov
eFnmens for tAs last fiscal year wero
sss2. az. al. or SO. SIS. ss5 lsss than
those Of tAe year before. The net or
binary Expenditures. exclusive Of the
snounts paid IA pEe1inm On soaas
psrshAsea. we're ssss. sIs. So IN in
crease Of ST. $50. iss
s1rrlss Essszses Rsdsesd-
The Surplus rcvea aes were thus cut
down freaa slss. s4s. sss 70 ssT, sss, req
which iass summer wss applied to the
seduction Of the public debt Ths pes
cal revenues amounted - Sg5. To1, eos
and the expenditures To 81. oo7. 5Sa
IN Increase Of about 81. 09e, coo
on both sidsA On June 80. 1889, there
stoed charged 70 the treasurer on the
books of the department. . balance q
D69l. s27. eos. rspFessa.inS the excess Of
previous receipts ever expenditures
To this was added the receipts OF tho
year from all sources amounting 70
oE5S. SCI. 3s5. W hieh made an aggregate of
81. s5f. s43. ?es 70 be accounted for The
,diabursenents authorized by the war
rants Of the department. including
those On account Of the public debt.
were er5l. Ia. sra There was left
Sz2o. 80. $50. for which the treasurer
was required to be able to produce
eash - other a-ssetA
Reducing the psbG
The reduction effected during the
year In the principel Of the bonded debt
snd the circulating notes which can
not DO reissucd amounted to STA. S90.-
a7s aaa required an expenditure Of
sl2s.soi4o4. including the premium on
bonds purchased This sum was made
up by taking 90. .5f.7sl from the re-
serve in the treasury in addition - the
surplus revenues Of the year. The con-
sequens reduction In the annual in
tsrsst charge was a. 81. Goa
The CreaiAttsa.
The amount Of money In the country
June 80. exclusive Of certificates In cir
cuiation for which the treasury held
deposits. was Si.s7s. o7s. ioa. Of which
Siso,ll2.oi9 belonging to the treas
ury and l.<9J. $50. osS was. in cir
culation- There was . net loss
of as. 900. 900 of gold, . net gain
Of upward of $40. ooo. 900 Of other
money. and consequent contraction
of about $1,000. coo In the whole vol
ume. There is On average increase Of
e52. zoo, 900. from the end of June to the
end Of December, in the amount Of
money actually in circulation. followed
by an average decrease Of &1<, zoo. 600
from the end of December to the
end of June The increase realized
In the last year has been nearly double
this average Of SIS. 900. 600. and in tho
last two years the average has been
exceeded by Ss:, ooo. 900 Unusually large
amounts Of notes Of small dsnomins-
tions have been sent out to the west
and south since July I. The
aggregate up to the middle Of
November reached upward Of s4o,-
coo. 900. as against 90, 200. 900 for
the whole preceding year. A meas
urable improvement in the condition
of the coinage. particularly the silver,
has been effected, nearly 81. 600, 0c0 of
uneurreut coins in the treasury having
been restored 10 full weight As the
result of this and Of some special eff
forts in other directions the amount
of fractional silver in the treasury has
been much reduced
Bonds Redeemed.
There was decrease of about S..
900, COO in the amount of oonds held for
national banks as security for their
circulation, "a also la the amount held
as security for public deposits Near
ly seT, 100000 of national bank
notes were redeemed Fresh
deposits for the withdrawal
Of notes from circulation amounted
to nearly s1oo 600. while the re-
demptions from the fund arising from
this source exceeded s25. ooo, zoo. The
deposits of the new . per cents ex-
eeeded the Withdrawals Of the old
bonds snd there was IN issue
of new notes amounting to abous
$500, 900 Some little difficulty
has been experienced In the
redemption Of national bank notes
through the per cent fund owing 70
the nsrrownesS OF the margin within
which it Is necessary to work. Many
banks have less than $1,000 ON deposit
and the majority of them oil have no
more than 81, sss each
Condlties 81 the rreassvy.
There has been q net increase Of STA
80, 300 in the circulation since Novem-
Der I. The it<Eas Of increase were:
Standard silver dollars. s55l.7ss: sub
sidary silver. tTso. sol, gold certificates
o. 5ss. $50; treasury notes. q. 5oa. sea;
United States noteA $50. $50, national
bank notes. 81. Tss. ooo The items of
decrease were: Gold coin tsss, 065; s4-
yer certificates. sa8s. oss, currency GER
ticates. 81. coo. ESQ
Since November there hAs been .
net increase Of s.. So Gas in money and
bullion In The treasury, the increase
being made mp - follows Gold cola.
eEos.Ts%. standard silver dollars
esns.ols; gold bullion. o.. 81. 6ss: silver
bullion. -, sss.os5 There WA decrease
- follows Subsidiary silver. sos. 7s<;
treasury notes SIS, sse, Cnited States
asscs, $50. $50: national bank notes,
7,s<i; trade dollar bullion, H.f7AssS
The circulation per capita December
= stated at s2Ass