Huntsville gazette., 1891-12-19
THE NATIONS CASH,
Secretary Fosters Report on the
Condition of the Treasury.

COndltlOn OF the treasury.
Receipts and Expenditures-Money in Cir
eulation = Purchases of silver
Imports and Exports
Other Statistics.
The following is an abstract of Secre-
tary Fosters report: The revenues of the
government from all sources for the fis-
cal year ended June 80, 1891, were:
From customs .s219. .522 a05 %
From internal revenue. ....... 5.6S6249 A
From profits on coinage, bullion
deposits and assays ............. 7,70l 99l So
From sales of public land 4,029,535 Al
From fees-conSular, letters pat
ent and land III. -. ..-..!.-. 3,ols,7S "a
From sinking fund for Pacific rail
Ways ..-................... 2,s26,s5 81
From tax on national banks ,042 go
From custom fees, fines, penalties
and forfeitures. .......... -. 500, ,l21 50
From repayment of interest by
Pacific railways. ...........-... S2}.9O4 0f
From sale of Indian lands ........ COZ, ,545 3S
fund. .....-. .....f.... 3Os,64s "a
From tax on seal skins -. 269,673 IS
From migrant fund d.............. 292,271 90
ty-.-..... ..e.......... ..i....... 359, ,379 O5
lie lands .........-.... .i.-. 131, Az 80
Railroad CO.. -. 100000 90
From sales of ordinance material. 122,66S OF
From sales of condemned naval
vessels. ................. 7sO37 SO
From depredations on public lands 5j905 SO
From the District of Columbia. 1858 S97 "A
From miscellaneous sources....... 1,S25S6 30
From postal service. ............ 65,93l 7S5 ~
Total receipts .s45s. .544 233 O3
The expenditures for the same period were:
For the civil establishment in
cluding foreign intercourse,
public buildings, collecting the
revenues, deficiency in postal
revenues, rebate of tax on to-
bacco, refund of direct taxes,
French spolation claims, Dis
trict of Columbia, and other
miscellaneous expense -. Sic, ,o4s, ,167 40
For the military establishment,
including rivers and harbors,
forts, arsenals, and sea coast
For the naval establishment. in
cluding construction of
vessels, machinery, armament,
equipment, and improvement
at navy yards .. ............ &c, ,113 ,S96 46
For Indian service. .............. S,527 ,469 0l
For pensions Observation-Disclosures. 1A AS ,95l 40
For interest on the public debt. 81 ,547, 135 81
For postal service. % ,931 ,7S5 Y
Total expenditures - ..... 42l ,304 40 46
Leaving a surplus Of. . 81 ,259, 1862 81
To this was added S54 ,207 ,975. 70, deposited
in the treasury under the act of July A. 1890
for the redemption of national bank notes;
SO 1863, us deposited during the year on the same
account: $3.50 received for 4 per cent. bonds
issued for interest accrued on refunding GER
tiffcates converted during the year, and S34 b.,
372 l6 taken from the cash balance in the treas
ury, making total of S134, ,047 AS, which was
applied to the payment of the debt.
As compared with the fiscal year 1890 the re-
seiFs4A for 1891 have fallen S., 81 81, net
amount made up of an increase of $40, ,299 .9S
"a 60 nj tha
the two largest items are an increase of S., ,049,
687 80 in postal revenue and So 079. .543 63 in the
internal revenue. OF the latter the principal
items are decreased customs, SIC, ,l46, ,379.34 de-
creased profits on coinage, assays, etc, s., ,515
252 .43, and decreased sales of public lands, 81,
32S, ,737. TO-
There was an increase of s57, $50, IA in the
ordinary expenditures.
OF this increase the civil establishment of the
government
Legislative, departments judiciary,
Military establishments. s........... 4137.226 93
Naval establishments ............ 4107, 500 ~
Indian service ACKNOWLEDGEMENTS. Isis, ,f22 "a
Interest on the public debt, ...... l,447, ,85l 50
Total ....... s57, $50, ,19s IA
For the present fiscal year ending June so,
1892, the revenues are estimated as follows:
FIi FroIi Gs1oaS 100 o0o w
From miscellaneous sources. ........ 25,000000
From postal service. ......... 100000
Total estimated revenues .. .s433. COG, 600
The expenditures for the same period are es-
timated as follows:
For the civil establishment. -. 500 10000
For the military establishment ...... 46,000 600
For the naval establishment. ........ 81 2,0000O0
For the Indian service. .............. 12,0000U
For pensions. s........................ 25.N0Oo0
For interest on the public debt .... 23,009OO
For postal service. Observation-Disclosures. 100000
Total estimated expenditures . siO9, 600, 600
Leaving an estimated surplus for
the year OF. .....-.---........ y "A, ,UOO00
The following is statement Of the probable
condition of the treasury at the close of the
present fiscal year, June 90 1892
Cash in the Treasury July !, 1891,
including gold reserve. ...... .S153 1893 S08 SO
Surplus for year as above. ........ 24,000.000 90
Deposits during the year for re
demption of national bank notes 100000 90
Total amount available ..... .SlSO, ,S93, sos SO
Redemption of fC'tL
tiOnal bank notes
during the year. Sl6,O1U,OOO OO
Redemption Of
bonds, interest
notes and frac fr -t
tional currency to
Nov /, 1S9l..... 20,911, 1853 90
Redemption of
same items dur
ing remainder OF
year............ 4,2545O0 90
-- Al les, 1853 90
Cash balance avail
able June 30 1892. ........ Sl39 728, ,145 SO
1t is estimated that the revenues of the gov
ernment for the fiscal year 1893 will be:
From customs Observation-Disclosures. $685. 100000 90
From internal revenue. 15S, 100000 90
From miscellaneous sources........ 220O0,OOO 90
From postal service. ............. So 336, $50 A
Total estimated revenues -. S455 3S36, $50 A
Estimates of appropriations required for the
same wear submitted by the heads of depart
ments amount to s441 800, ,09361 leaving an es-
tmated surplus June 30 1893 of Sl4, ,G36, ,256. SO.
The principal item of the required appropriation
for 1893 is that for pensions, Sl47 064 $50 an in
crease of So, ,064, $50 over 1892.
SINKING FUND.
The requirements of the sinking fund for the
current fiscal year are estimated at S46 913 025.
The applications to the fund to November /.
1891, consisted of bonds, interest notes and frac
tional currency amounting to S20,9l1, ,163. The
additional application of similar items of in
debtedness during the remainder of the year,