Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1892-12-03
TREASURE NEBEHER REPORT.

ed States, has made his annual report
on the condition of the treasury, and
the following is synopsis OF it:
Washington, Nov. 27.-The treasurer
OF the United States has submitted his
annual report. The net ordinary reven-
ues of the government for the fiscal
year were 1854 +,9S7,7s4, a decrease of
$37,67463; net ordinary expenditures,
$345, ,023, $50, decrease of sl0,3i9,354.
The surplus revenues were thus cut
down to $9,9l4,453. The total receipts
for the year were $736, ,40l ,296; expeadi-
lures. S6S4,0l9,2S9. The receipts are
divided into two general classes. The
g.t.s tirst scSWpr%ises p9 % %ordiaaGy rey.snpes ,re,
retirement Of national bank notes. in.
crease for time, and cash yaluables.
The second arises from the issue Of gold.
silver and currency certificates. United
States notes and treasury notes tend to
swell the assets Of the treasury, but do
not affect the. available balance. The
first figures show an excess Of $SS,000,.
600 expenditures over revenues in 1891
and upwards Of S27, 100000 in 1892. In
the second the excess is nearly $69.0O0,.
600 over the receipts in the former year,
and over $50, ,O0O, 900 in the latter. Com
pared with 1891 there has been saving
Of upwards Of $l4. 100000 in interest, out
of which surplus was realized, not
withstanding the cutting down Of reven-
ues by legislation. On June 80, 1891,
there stood charged to the treasury on
the books of the register a balance of
S726. .222 ,332. Adding thereto the reven-
ues of the year from all sources gives a
total of 81 49,, ,62s.523 to be accounted
for. Out of this was disbursed total of
1854 0l9. .2S9, leaving a balance Of $778,-
6O4.339 June 80, 1892. In addition to
other liabilities arising from, various
sources these, together with sums Of
money collected but not yet charged to
the treasurer. brought the total liabili-
ties to $777. 1854, ,942 at the former date
and Ssl5, ,63l ,63S at the latter.
AnaIyzing the true condition Of the
treasury, and setting aside trust funds,
the treasurer shows working balance
of cash and deposits amounting to $207, :
llO,45l at the beginning OF the year. and
$l65, ,7iS, $50 at the end. OF the former
amount $ll9,OOO,OOO and Of the latter
STA 100000 in gold. The amount Of the
public debt was given at 81 ,545. .996, ,59l
on June 80. 1891, and at 81 ,5SS, AGA, ,l44
on June 80, 1892. The loans resting on
the credit of the United States were cut
down from 81 .OO5. 800. $50 to s96s. .2is. $40,
while those secured by full deposits In
the treasury were increased from $54o..
I9e.as, &c sseoe, e,2244t.s04. A. gratifying
improvement in the condition Of the
debt was produced by reduction oftbe
interest bearing loans, q conversion OF
matured bonds into others payable 1t
option, and the extinction Of consld'
erable part of the loans payable on do
mand. The total net reduction was
$37, ,5S7, ,7l9, in items affected by the ap-
plication Of the surplus revenues Of the
year amounting TO nearly $40. .OOO. 600, to-
gether with upwards OF $27 ,0OO, 600 tax.
en- from the cash In the treasury.
According to revised estimates the
total stock of money Of all kinds In the
country on June 80 was $2.374 1884, ,049
an increase OF $50 .000. 900 in the year. BY
eliminating part # the paper cur
rsncy. which 10 purely representative
the effective stock IL found to have beer
81, ,753, ,95S, ,745, an increase Of $40, 900
Discussing the changes in the amount
and composition of the money stock
the treasurer finds the increase the re
suit of the product Of nearly Sl7,000.OO
of gold in excess Of industrial coDsunfs
ton, q fresh issue Of t5.O01,0o0 in ma
tional bank notes. together with th'
changes In the stock Of silver. OF th'
aggregate stock Of money at the end o
the fiscal year t77l, ,252,SlS 10 in th
treasury and mints, leaving 81, ,00S ,osl,
738 in the hands of the people. Tn
holdings of the treasury have incressse'
} $50. .O0l. 900, and the amount In circuls
tlon siOA 900 during the yeas. Tb
. issues o. United States pspsr currenc
: ah6Hatsd 10 oS76. .736. .be8. sxcesdin
sshcse o. any previous yesr. 0fths