Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1893-02-02
CASH IN THE TREASURY
Estimates Of Receipts and Disturbance.
of the GOvernmant.

Estimate of Receipts and Disturbance.
of the Government.
WAsH1NGroN, d. c., Jan. 25.-Cbai,.
man Springer, Of the ways and means
committee, to-day received from secre.
tary Foster, of the Treasury Depart.
ment, the statement he has been ey.
pect1ng for some time showing the con.
dition of the treasury and it's estimated
condition at the end of the present and
and at the end of the next fiscal
year. The statement shows that duripc
the first six months of the present
fiscal year the receipts from all sources
were $234, AIS, 215, and the expenditures
$3.50, 81 ,006, leaving an excess of reye.
nues over ordinary expenditures Of
3,s4s, 2O9. The cash in the treasury
including gold reserve, July l, 1882, was
1872, 143, 426, and on December 81, 1892
129, O92, 5Ss.
The totnl estimated revenues for tbo
fiscal year ending June 80, 1893, ars
$466, 81 $50, and the total estimated ev.
penditures $464, 81 800, leaving an est.
mated surplus OF receipts over expendi.
lures for the current fiscal wear Of
exactly 100000. The estimated cash
balance available June 80, 1893, is PLACED
at $l20, 1892 ,347, which includes 500, O00.
600 for the gold reserve fund. For the
next fiscal year, ending June 80
1894, the secretary estimates that
the revenues from all sources
will amount to $500, 1865, and
the estimated expenditures, which
however, do not appear to include mis-
cellaneous and extraordinary expend
lures, at $457 ,261 1886, or an estimated
surplus of $32 $685. 30. To this the sec.
rotary adds the $50, 992.3777 cash balance
the gold reserve estimated to be above
available June 30, 1893, making
an estimated available balance on June
80, 1894, of $685., 407, from which
must be deducted IS, 600, 600 for redemp.
ton of past due bonds, fractional cur.
rency and national bank notes, and
$1,OO0.000 for probable payments on
mail subsidiary contracts, leaving the
balance $47 ,S52, 407.
There are contract liabilities of about
the amount of this balance, and 1t is
estimated that $40.0l0,O00 in contracts
will be payable in 1894, which would
bring the real working balance
down to s., $50, 407. The expenditures
on account of pensions estimated in this
statement for the next fiscal year
amount to Sl66, s31 $50, Or an increase
over the amount which 1t is estimated
will be spent for pensions this fiscal +
year of only SIS, 496,350.
In a separate statement showing the
contract liabilities existing Dec. 81, 1892
it is stated that the liabilities on con-
tracts on existing appropriations is $685.
473 1888, of which it is expected that
$50, 259, 1858 will be expended in the hs-
car year 1898, and $40, 297 ,C37 in the
fiscal year 1894. The secretary's state
ment for 1894 shows that the $40,279OSS
contract liabilities is to be deducted
from the $47 $50, 407 of balance above
gold reserve estimated as available
cash, but it does not show clearly
whether the $25. 259, 1853 of contracts to
be paid in 1898 has or has not
been deducted in the estimate (above
the gold reserve fund.- of $50, 1892 81 as
the estimated cash balance available
June 80, 1893, though it is presumed 1t
was deducted in figuring the balance
Very little is allowed to the sinking
fund in these estimates, and supple.
mental statement places the estimated
balance due the fund June 80, 1884, at
sos Q01 H>7