New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-02
THE DEBT STATEMENT.
A REDUCTION DURING THE YEAR OF OVER
ELEVEN MILLIONS.
THE CONDITION OF THE TREASURY MAKES SEC

THE CONDITION OF THE TREASURY MAKES SEC
RFTARY FOSTER FEEL EXTREMELY EA1i'
Washington July CSpecaD.-The monthly Poom'
debt statement OF Government receipts M" oAPo"'
,nrs during the last fiscal year. issued from the Treas
nrv Department oday makes showing hghly sa'is-
factory to Treasury officials. Secretary Foster H'a
IN day that the result OF the fiscal opcrauos Oh '0
Government during the year Just closed came iuis up
TO his expectations The surplus In the treasury a'
been reduced considerably during the year so mo ll'
deb, bcen reduced considerably but the surplus, winch
amounted to about s127 100000. was tolerably le
,p,ctabe and ample cash balance, and the sratiyihs
Increase I'm receipts during the last few months WHICH
was likely TO continue. made him feel extremely easy
about the future. Expenditures, he snlh dhihs ,l''
las, year had run e2S 100000 less than during inc
preceding ycar and this. Notwithstanding all that ma
been said BY unfair critics abont postpUing the pay
mont Of lnnumernbe claims. had come about without
uniting on m. poym.nt OF dollar Of Just Government
debt a. anybody.
The debt statement issued to-day shows reduction
In the deb, during last month OF Sl.s2O0O3, ana our
Ing the fiscal ycr closed yesterday OF Sll.Jso2v'
The total debt to-day less Sl2669237 gold reserve
and net cash balance, Is SS4l ,j20403, ana OF TINS
amount zoos 900. $50 is interesting bearing debt mahe
ND Of $3.50 664 go per cent and S23,3G4.5oo per
cent bonds The bonded indebtedness Of the Govern
,ncnt has be,n reduced during the Inst fiscal year
Sl5 400 79O which Is about the amount OF L. per
cents which matured and were redeemed last sep
rember. The surpus In the Treasury today mcn'o
ing tho 500. 100000 gold greenbnck redemption nhn
4, 1926 6g2 ST.. against about SlofoOoopo on jury
"A y.ar ago - the surplus during the wear mas
been reduced ~ 900 900. Thirty eight millions have
bocn devoted 10 Sinking Fund requirements. whch i
the amount Secretary Foster In his annual report saiH
would be applied for that purpose. ana TINS Dr'ne'
the total amount 10 be applied to the iund 10 WIN"
s1OOOOOOO Of the estimated requirement. vi INC
surplus in the Treasury to-day, National BANK De
poararle, hold 81 10000, against s2s,7oo'4l9 Oh
july |, 1891.
The Treasury gold coin and bullion asses to-day
ocrrgnte s255, 577.7Oj md silver assets aggregate
JlisO-3II6. Against these coin ana bhiloh ASSETS
ther,, are ~ $40 In god ana S433"2o'''o III
silver certificates outstanding. ono year ago Treasury
gold asset, aggregated $@3S .5IsI2o and silver SOD
3Gi ga, with Sl3-.fj64e0 In gold ana s''i''1"'"o-
lu silver certificates outstanding.
Government receipts from all sources during June
acgrpsuci 81 eio.iI7. or hal; million more than
I'm June i-Dl. Custom receipts were Sli.0lS.4oo,
ecanst sl4 los. 7I5 In June year ago. ana internal
revenue receipt, were Sli77D022, pr nearly q
million NOR, than I'm June year ago
TIE receipts for the fiscal year just closed aggre-
.,i.d s35dDa3 aOa. against fioi O7OlN2 during the
preceding Year when To- tax sugar was collected
during nine mo1th- Of that year. Cu,tom> receipts
aurng the wear Just clo.ed aggregated fl71,7-3.oJi
or f,rty-one nnd a hail millions less than during the
pr~.crnr year. Internal revenue receipt, were Vlo3
,i3 10 or nearly eight millions more than In the
preceding yc,t. and receipts from miscellaneous
sources were :4ej2a175. or about five millions cs'
ilan Cnrl'g The preceding year
While the revenue q the Government for the last
fiscal wear WI. fory-Gvr millions less than during
the preceding year all Of which. and pcrlap' moro.
being due to the loss Of Inc sugar tax revenuc-thr
,,.nlir. ,ssrrsa,cd 1901 IA 800. or fullv twenty
eight million, e,, tinn during The preceding year
The receipt, and expenditures Of the Government
during the las, and preceding hS,al are shown
In detail by the following table: