The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-10-06
HoxoLuLU, III. L, Oct. 3, 1888.

HONOLULU, II. l., Oct. 3, 1875.
The question OF what constitutes
surplus has arisen Of late with refer
ence TO government finances.
The actual net Indebtedness OF the
government represented by:
LOADS ...-.....-.- .....-S 1'-uD ~
Postal savings bank ..... 5i2,O76.Ol
Treasury and i. NJ. q.
| notes.. .-..............- -, OOUO,
s3,39s, 276 OF
OF this amount there is no
demand due and out
| standing or made, which
the government has not
the cash In hand to meet
from special deposits
provided for the purpose.
The estimated value OF
real and personal prop
erty in the actual pos
session Of the govern
ment is within conserv-
alive estimates and not
counting cash in hand. So, 900, 900 %
The outstanding bills OF
the different bureaus as
of Sept. lst amount to-. $1,000. 90
The dredger contract is
due Dec. 20, Is93............ $4,000. 90
: G4,OOOOO
Gas on hand this day. 100, 958 90
Current decrease actual
surpIuS.-.....-. --.--.-S 66,SOS.OO
Cash balance Of road fund %, 572. So
Cash balance OF school
fund.-. ..........-.......~ 1895. IS
Total amount free of liza
blllty......... ...-...-...........S 167, 929. Al
He stated that be had taken as
basis of his report the financial state
ments of 1890 and had reduced the
estimate by 100000. He estimated,
as per the above report, that the
government property was estimated
at least S6,000,00O There was at
least $4,000 available for meeting
all demands to date on the public
treasury. In connection with the
matter Minister Damon said he
wished to state that he had author
lied the collector general to facilitate
by all means in his power the land
ing of goods and tackle from the
steamer Miowera. and that orders
had been given to open a bonded
warehouse for the reception of such
goods. He stated that the minister
of the interior had rendered every
assistance, and that all the different
departments of the government had
done all they could in rendering as
sistance.
He wished to read the following
nrf 10
relating to the postal savings bank:
POSTAL SAvIN GS BANK.
Statement of transactions from Aug
ust Both, 1898, to September 3Oth, 1893,
both inclusive:
due 24O3 deposit
ors as per statement Aug
ust 30, 1S93.- So, 800 Oh
Deposits
269 depositors have been
made on pass book ac-
counts ...... ..... $50, 1877
depositors have taken
term deposit certificates
-. ..... ....~Sl1.5 10000 SD, 632.67 |
Total deposits. ..$ 564,19 II |
Withdrawals:
219 deposits have been
withdrawn on pass book
accounts. ..... $40, 743.10
term deposit certificate
paid, including interest
...... ............... S1,OlO.OO
bonds ISSUED, as author
lied by Section II of an
Act to Amend and Con-
sOlidate the Laws relat-
ing to the Postal Saw
1ngS Bank 81, 10000
Total Withdrawals. ...$ %, 1853 10
Total number OF deposit
ors September 30th, 1898,
2435 having an aggre-
gate deposit of............... $40, S44 81
Summary
Total amount due 2435 de-
positors September 30th,
1893, ..........-..S2l,S 11.42
Received from deposits.
...... ..-........... $50, 1887
Received from term GER
tificates.. .-.... S11 10000
Received from Treasury
Department on account
bonds, as authorized by
Section 17.-.... 81 600 90
Total receipts. 56,O44 O9
Paid Withdrawals.
...................... So, 343.10
'aid term certificates........
.......- ...... ..........$1 $4,000
Deposited at the Treasury
Department. $50, 923.T7
Total withdrawals...-$ 1926 81
ash on hand Postal Saw
ings Bank September 80,
1898, to meet daily de-
mands ....................... 21,767 %
Notices of withdrawal