The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1892-12-02
TREASURY REPORT.

Annual Report OF the UaIted states Treaz-
urer-Ereseut Condition OF the EattuuaL
Bebt-Lhs Circulation and Gold Re
serve
TAsmEGroS, Nov 2S.-The treasurer
Of the United States. Mr.. E. ii. Nebelzer,
has submitted his annual report for the
year ended June 30, 1892, The net or
dinary revenues OF the government for
the fiscal year were s554, 98T. asa, a de-
crease of $50 sGT4,G Cos as com pared with
the year before The net ordinary eN-
penditures were s8#5, OPS. $50, a decrease
of SO, $40, 554. The surplus revenues
were thus cut down from E81,28g, ,569 TO
So 1914, 45& Including the public debt,
the total receipts for the year were
SI56r 40i, ,295 and the expenditure S5s4,-
OI8, 2sg
Considered with respect to the effect
upon the treasury, the receipts are die
vided into two general classes, of which
the first, com prising the ordinary revG-
nues7 the receipts from loans and the
deposits for she retirement of national
bank notes. increase from the time the
cash available for the uses of the gov
erumeut. while the second arising from
the issue OF gold, silver
and currency certificates United
States notes and treasury
notes, tend TO swell the assets of the
treasury buEdo not affect The available
balance. For the 6rst of these classes
of expenditures over revenues in 1891,
and one of upwards of S2T, UOO. 600 iu
1892 In the second class there was an
excess Of nearly 100000 600 of receipts
In the former year and one of $50 Ouor 600
in the latter. AS compared with 1891
there was "a saving of upward of SI4,-
0CO, 600 OF interest, out of which sur
plus was realized, notwithstanding the
cutting down of revenues by legislation
Auaiyzing the true condition OF the
treasury and setting aside the trust
funds, the treasurer shows that there
was a working balance of cash aud de-
posits in banks amounting to E2J7, no.
452 at the beginning of the year and to
SIG5, ,718r 15l at the end OF the former
amount $4,000, COO aud of the latter
/ E11#, 500, coo was gold, The success
which has attended the efforts of the
department to maintain "a strong gold
reserve is considered satisfactory, in
view of the heavy dis isbursemcuts- The
amount of the public debt is given at
81, 545. 9g6, 59L ON june 30 1891 and
/ 81 ,5GS, SEA, Ia on June so. 1892.
The loans resting on the credit of the
United States were cut down from ST.
[ OO5, 500, 56J TO EgGs, 2I5, $40, while those
/ secured by full deposits i'm the treasury
/ Increased from S54O, 100 s05l to sG2U, -45,-
I SO4 There was gratifying improve
meut in the condition OF the debit pro
duced by the reduction of the interest
[ bearing loans the conversion of ma-
/ tured bonds into others payable at the
] option of the secretary of the treasury,
| and the extinction of "a Cuusidera BILE
| part of the loans payable Gn demand,
| The total net reduction of 58T,5sT, Ts0 in
! these items was effected 10y the upplicu-
/ tion of the surplus revenues of the year,
amounting to nearly SlO,o90,o90, to-
! gether with upward of $4,000 coo taken
/ from the cash in the treasury.
According to the revised estimates
I the total stock of money OF all kinds iu
/ the country on june so, was s2,a5#, 453s o
| O59, an increase of $3.50, ,O00,O)0 i'm the
/ year, by eliminating that part of the
/ paper currency which is purely repre-
/ sentative, consisting of certificates Of
. deposit and treasury notes the cttect-
/ i've stock is found to have been sl-E55t-
! 958, ,T45, an increase of $4,000 600.
] The monetary history of the past
. year, however has been peculiar both
! in the movements of gold, which have
/ been increased and in the other changes
/ that commonly occur with the changes
! of the seasons, but have been this year
/ been less marked The increase OF the
! effective stock of money from Septem-
/ Der to September was only @5OrpJJrvJJ.
{ Discussing the changes ia the amount
/ and composition of the money stock,
/ the treasurer says Lhut the Increase
] ~ -. +r- 7--..ts-.r, 80
! IHe LS7--e SL -1'-N .'--
I nearly SlT, OOO, 600 of gold i'm eN-
/ cess of the industrial consumption q
! fresh issue OF s., 600 600 OF national
I bank notes, together with the changes
| in the stock of silver. The gold exc
r,orfea 1rarvyarr7 .T1r717-.r-z- and seDtg1u bar
- -7--- ,-.+ ~ go q t4-. ..F b. 4 ---r,-r,
[ NJ. 7 - -
~ ~ We" oll-- y ~ ~ --. ~ -- ---
I t"I Ni--i1L = "-7 '' .- 80 -
/ - ~ .-.--s-.-- ~ -I,4--
] -. - - t.--.5..-.g - f--,4t..-7
e-t-t-l' -' -,.I f,.s---.-- ,.....z
C-+F--. .---.. o.. .....f- ID ---,,-r..- q, p
.7,7 - 80 al --.--, s--r .5-.5 s.9
- .-----..----- -.-.7 --.s-,.- r,-f--,
q, ror os- 700 ~ .T-r. -r..r,.5.s
III '- 'F.- ---.--
- ~ oiC C, 80 ~, g., ..5.--,T-,-
go 80 80, 49,, -,,-. -
1-0L On e-oo. W. ~ u '-- ~ Z -. -