The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1893-12-05
TREASURY DEPARTMENT..
Extract ~ sn the R@port Of Secretary
Carlisle.

@@-A4%H +% Ht
Extract ~ ,n the R@rert of Secretary
Carlisle.
The secretary OF the treasury repor d
that the receipts of the government from
ALI sources during the fiscal year ended
June 30, 1888, amounted TO S46I, ZIG, S61. "a.
and it's expenditures to S459, 81. 674. 20.
There was collected from customs $2O5.-
Sao,0l6, t3, ard from internal revenue $751;
WI ,623.ys; our dptiable imports amounted
60 s421, $50. III, an increase Of So, As. pUs
over the preceding year. and i~mportations
free of duty aRiorrttd TO s444,544.2lI. a
decrease from the preceding year OF Sl3,-
40, AZ. Internal reycsr receipts exceeded
those of the pteceaing year iy "a IA, 44a.S2.
The total tax collected ca distilled spirits
was S94, 40, 26O. So; ON manufactured to-
bacco, $31 $50, al. "a, and ON fermented
liquors, So, 54S, 3s3.O7 We exported mer-
chandise during the year amounting to
SS47 .665, 194, o decrease of $Is2, 6I2, g54 from
the preceding year. The amount of gold
exported was larger than in any previous
year In the history of the government.
amounting to $lo6, 6S0S44. and -exceedin0
the amount exported during the preceding
year by $5s,4sS,577. The sum paid from
the treasury for sugar bounty. was
s9,375, 130.SS, an increase over the proceed
ing year of $20, 1886, 800.
1t Is estimated upon the basis OF present
revenue laws that the receipts of the gov
eminent for the year ending June 30.
1894. will be $430, 121 ,3e5. ss and it's ex-
penditures s45S, l21 1856. So, resulting In a
deficiency of s2s, 0oo,0 600.
Per Capita Circulation.
On the LIST day OF November. 1893. the
mount OF money of all kinds in circular
ton included in treasury holdings was
Sl,sls,a44.6s2. an increase for ths year of
e112. 4O4, 947.
Estimating our population at 81 ,4o6. 900
: the time mentioned the per capita cir
culation was $25. 40.
On the same date there was In the
treasury gold bullion amounting to s98..
6bs,25 and silver bullion which was pur-
chased ut . cost Of sl26, 26l ,55s.
silver Purchases.
The purchases of silver under the law OF
July IA. 1880. during the last fiscal wear
aggregated 54,00S, l62. SO fine ounces. which ,
cost $45, 531 ,474.53. The total. amount Of !
silver purchased from the time that the
law became operative until the repeal OF
It's purchasing clause, OF the LIST 1days Of
November, 1893, was los, 674, 500 10 fine
which cost $155, CSC, "a. 81. he
tween the 1st day of March, 1879, and the
LIST day of November, 1893, the government
purchased under all avs sos, COS. m fine
ounces OF silver at a cost of $5f0. 0220<8
silver dollars that have been coined
under the act of July IA, 1890, number So
DS7,2s5. The seignorage arising from such
coinage was 6,977 .U7S, leaving on hand lii
the mints 1905 9 760 fine ounces OF silver.
which cost S126, 57S, 21S.
Production of Precious Metals.
Our total coinage of all metals during
the last fiscal year consisted of 81, 2SO, s75
pieces, valued at 81. 6S5, 1850, OF which
there was $3O,o3s. 140 in gold coin. as
in silver dollars, $7,2l7, go. 90 in sub
sidiary silver coin and $1,0e6, 102. 90 in
minor coins. During the calendar year
1892 the production of precious metals in
he United States was estimated to be
,596,3s5 fine ounces of gold, OF the COM
.ercial and coinage value of $3S. 600. 600.
md 5S,OOO,OO fine ounces of silver. Of the
or market value of $50. $50 600 and
Of the coinage value of $74, 9S9, 900.
1t is estimated that ON the first day of
July, 1893, the metallic stock of money m
the United States, consisting OF coin and
amounted to $1,213,5 $50. 100 of
which S597 ,697 ,6s5 was gold and s615, $751;
ia was silver.
National Banks.
One hundred and nineteen national
banks Were organized during the, year
ending Oct. 31,s1s93, with a capital OF sll,s
$4,000. Forty-six went into voluntary
liquidation, and 15Ss suspended; IS OF the
suspended banks were insolvent. So re-
business, and seven remained in
he hands of bank examiners
with prospects of speedy resumption.
of b new banks organized, "A were lo-
,ated in the Eastern states, Al west of he
Mississippi river and 81 In the Central and
southern states.
The total number OF national banks In
existence the 3lst day OF October, 1904, was
796, having an aggregate capital Of $dp6.r
i5S, 100.
b net increase in the circulation p'0f
;hese banks during the year was sao, sS6,s
ne.