Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1891-01-08
THE PUBLIC PURSE.

rho State of the National Finances No
shown by the Monthly Statement OF the
Treasury Departmental ReductioH OF
the Public Debt by Over Eleven MlIon
Dollars in Observation-Disclosures, Expend-
itures, Etc.
WASHINGTON, Jan. 3.-The reduction
in the public debt during December, as
shown by the monthly statement issued
from the Treasury Department yester-
day. is S11, 005,397.
The total debt. less cash in the treas
ury, is $500, 430, Sal, and Of this amount
S6l9.O19.740 is Understanding debt,
made up mainly of $50, 177,5oo four-and-
a-half per cents and $3.50, 742, 700 four
per cents now outstanding. Inc
principal of the outstanding Jour
and four-and-a-half per cents has
been reduced S92, $50, 600 during the
past calendar year; S49,ooo,2oo
four-and-a-halfs and $40, 450,S00 tours
having been purchased and redeemed
during the twelve months. The net
cash or surplus in the Treasury, lnclud-
ing subsidiary coin, is So',o'l'ol@'
against about S53, O00,0 900 on January l.
1885, OF the surplus, National Bank de-
positaries hold S24, 100, S72, against about
S41. 600, 900 a year ago.
Government receipts during Decem-
her mast aggregated S31, 370 O39 against
SOC. sos. 5O4 in December, 1882 Receipts
from all sources from July 1, to De-
ceuber 81. the first half of the current
fiscal year. aggregated in round num-
bers S211. 900, 900, or S1S.000,O0o more
than for the corresponding SIX months
of 1889. Customs receipts for the past
six months aggregated Sl24,24o, 40, Dut
for the next six months in the aggre-
gate will fall. perhaps, twenty millions
short of this amount. Fifteen millions
will be due to the loss from sugar du-
ties during the last quarter OF the cur
rent fiscal wear, and five millions from
loss of revenue due to the extended
free list of the present Tariff law. In
dicationS, however, point to a customs
revenue of S221, 900, 900 during the year
Internal revenue receipts during the
past six months aggregated SO, Ioo,
but are likely to fall a little short OF
that during the last half OF the hscai
wear. but for the entire year are likely
to reach S147. 900, 000 or five millions
more than the SecretaryS estimate
made last fall.
Receipts from miscellaneous sources
during the first half of the current
fiscal year were about $4,000, 600, and
will undoubtedly reach double that
amount by the end of the year. SO the
indications are that Government reve-
nues for the current fiscal year will
reach 1896, 900, 900. against S403.0o0,O 0O
during the preceding year, notwlth-
standing prospective loss of S15,O00.-
900 in sugar duty revenue under the
new tariff after the first of next April.
Government expenditures during the
past six months aggregated in round
numbers 5000. O0O,0 900, or twenty-five
millions more than expenditures during
the corresponding months of 1889. OF
this increase in expenditures compared
with the first half Of the preceding fis-
cal year. more than 81, 900, 900 is due to
prepayment of interest on bonds re-
deemed: the payments for this account
during the past six months have aggre-
gated S29, s34, 53S, against $1S,662. 020
during the first half of the preceding
fiscal year. For premiums on bonds
purchased during the past six months
the Treasury has paid out S1056l, 639
against S13, 459, 1873 from July to Decem-
Der inclusive in 1889.
Pension payments during the past six
months aggregate 500, OO1 ,97o, against
SOL ,2SO. O63 during the first half of the
preceding fiscal year.