Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1893-12-08
TREASURY DEPARTMENT..
Extract From the Report Of Secretary
Carlisle.

-
Extract From the Report Of Secretary
Carlisle.
The secretary of the treasury reports
that the receipts of the government from
all sources during the fiscal year ended
june 30, 1898, amounted to $46l, 10, 56l %,
and its expenditures to $3.50, 374 ,874. q.
There was collected from customs &eO5,-
Sa5.Ol6. %, and from internal revenue $l6l,-
VIZ ,6ss.&; II dutiable imports amounted
TO $42l $50, III, an increase of 81, As, 0O1
over the preceding year, and importations
tree of duty amounted to S444, A4,2 l1, a
decrease from the preceding year of $751;
455.44'. Internal revenue receipts exceeded
those of the preceding year by 81. 147 ,4+5. 81.
The total tax collected on distilled spirits
was Sa. '2o,2s tN IS; on manufactured to-
bacco, SSl,SS9. ul.14, and on fermented
liquors, SSs,dS,9S3.M. We exported mer-
chandise during the year amounting to
S4',G5. l4, Il decrease of SlS2a, 6l2. 9A from
the preceding year. The amount of gold
exported was larger than in any previous
year i'll the history of the government
amounting to Slos. Gs o,s44, and exceeding
the amount exported during the preceding
Year by s5S,4S5.5,7. The sum paid from
the treasury for sugar bounty was
NA oNSl LII iICSSN-
ing year of S20,:335 300.
1t is estimated upon the basis of present
revenue laws that the receipts of the gov
for the year ending june 80,
1894. will be $3.50. l2l .S65.3S and its en-
penditures Si3S i2l ,365.3S, resulting in a
deficiency of SOS, cCN. 900.
Per Capita Circulation.
On the LIST day of November, 1898, the
amount of money OF all kinds in c~ircula-
ITO included i'll treasury holdings was
ST. ls.54A.o u.s., an increase for the year of
Sll2.4o4.a 81.
Estimating our population at 81. APO, 900
at the time mentioned the per capita cir
culaticn was >25.49.
On the same date there was in the
treasury gold bullion amounting to so6,
65'.2T3 and silver bullion which was pur-
chased at a cost of sl26, Pol ,513.
Silver Purchases.
The purchases of silver under the law of
July IA, 1850. during the last fiscal wear
aggregated 54,UOS, l62. SO fine ounces. which
cost S45, 1881, 414.3. The total amount of
silver purchased from the time that the
law became operative until the repeal of
its purchasing clause, on the LIST day of
November, 1888, was lbs, 614. 8 O.46 fine
ounces, which cost 1855, $3.50. 94O.S. Be-
tween the LIST day of March, 1873, and the
1st day of November, 1893, the government
purchased under all laws 500, OO3, III fine
ounces of silver at Il cost of S516, 6222 ,94S.
The silver dollars that have been coined
under the act of July IA, 1890, number &c.
os1,2s5. The seignorage arising from such
coinage was 6,977, 07s, leaving OH hand in
the mints 14O,699 go fine ounces of silver,
which cost sl26,57S,21S.
Production of Precious Metals.
Our total coinage of all metals during
the last fiscal year consisted of 97,s2SO,S75
pieces, valued at 81, 6S5, 1850, of which
there was $50, OBS. lao in gold coin, s5,343,-
715 in silver dollars, S7,2l7, 222O.9O in sub
sidiary silver coin and S1,OSG, lG2. 80 in
minor coins. During the calendar year
1892 the production of precious metals in
the United States was estimated to be
1,5G.315 fine ounces of gold, of the COM
mercial and coinage value of s33, OOO, 600,
and 5S,O0O,OUO fine ounces of silver, of the
bullion or market value of $50, $50, 600 and
OF the coinage value Of s74, gs9, 800.
1t is estimated that on the first day of
July, 1893, the metallic stock of money in
the United States. consisting of coin and
bullion, amounted to 1913, $50, 1850 of
which s591 ,697 ,6s5 was gold and sG15, $751;
4S4 was silver.
National Banks.
One hundred and nineteen national
banks were organized during the year
ending Oct. 81, 1893, with a capital of SILL
100000. Forty-six went into voluntary
liquidation, and 1888 suspended; Is of the
suspended banks were insolvent, St re-
sumed business, and seven remained in
the. hands Of bank examiners
with prospects Of speedy resumption.
OF the new banks organized, "A were To-
Gated in the Eastern states, II west of the
Mississippi river and "a in the Central and
Southern states.
The total number of national banks in
existence the 3lst day of October, 1888, was
o,'N, having an aggregate capital of $685.
55S, l2O.
The net increase in the circulation Of
these banks during the year was s3G, $780,
972.