The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1892-01-20
THE PUBLIC DEBT.
Mon1hly Statement Issued by
the Treasury Department.
An Increase Of 1884, 49 Dur
ing the Last Thirty Days.

The monthly public debt statement issued
from the United States Treasury Depart
.ment at Washington shows an increase in
the aggregate OF the debt during the last
month amounting to 50, 794, 749. There was
O decrease of 81, 75s, 40 in n%on-interest bear
ing debt, an increase of S100 in the
bonded debt and a decrease Of 81, $50. 7S9
in the surplus cash in the Treasury. The
total debt. less S34. 514. 1913 net cash balance
or surplus and the 500, 900, 900 gold reserve,
is SS41, 407, S1S. OF this amount, 1856. 026. &C
is Understanding debt made up of s559, 562,.
900 four per cent. bonds and s25, 1854. 500 two
per cent. now outstanding. b principal OF
the outstanding bonds has been reduced $685..
932, 10 during the calendar year just closed
SEQ, 100 in As, and $50, S13, $50 in 4 las hav
ing been redeemed during twelve months.
The net cash or surplus in the Treasury, ex-
elusive of the 5000 o 600 gold reserve. is
So, 574, 12S. against ST., 81, s12 on January l
repositories hold $50, 254, 0OS against s24,.
1919, SD year ago..
The Treasury gold coin and bullion assets
aggregate s27S, S46, 749, about So, 900. 900 less
than a month ago and $14, 000, 900 less than
on January /, 1890. Silver assets nave in
creased about 81 0o, 900 during the last
month and about ss1, 600, 600 during the year
just closed, and now aggregate S4lS, 976, 342.
Against the gold coin and bullion and silver
Gates and s4O2, O99, 420 in silver certificates
outstanding.
Government receipts during December
aggregated SCI, 932, 9S5 against s3l, $40. 039 in
December, 1890. Customs receipts during
the last month were S1S, 1876, sos, or two and
q quarter millions less than in December,
1891, and internal revenue receipts were
s12. o47. 046, or about half a million
less than in December a year ago.
Receipts from all sources from July l to
December 81, the first half Of the fiscal year,
aggregated in round numbers Sl75, 745,2 S7 or
s43, 600, 900 less than for the corresponding
six months Of 1890. The big loss Of
revenue was mainly in customs re.
ceipts, the, revenue from this source
for the last six months ~aggregating
SS5. 70. 34l against S124, 240, 1876 from July
/ to December 81, 1890. or this decrease in
customs receipts, amounting to SSs.0OO,O 600,
fully thirty millions, or five millions a
month, is chargeable to the free
sugar provisions OF the .oc Tariff law aNr
by unusually heavy importations in
August and September, in anticipation Of
the new Tariff law going into operation i'll
October Of that year. Internal revenu re-
ceipts during the last six months aggregated
ST., O57, 2S1 against s75022. 7S5 during the
corresponding sir months Of 1890.
Government expenditures during the last
six months aggregated, in round numbers,
SITE, 0lS. 751, or about thirty-ive millions
less thar expenditures during the
corresponding six months Of 1890.
OF this decrease in expenditures,
compared with the first half OF the
preceding fiscal year, twenty millions are
due to prepayment Of interest on bonds re-
deemed, ten millions for premiums on bonds
sion payments.