New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-26
THE CONDITION OF THE TREASURY.
REPORT FROM SECRETARY FOSTER TO CHAIR
MAN SPRINGER.

Washin ytOn, jan 25.-Charm6n Springer OF The
Ways and Means Committee, to-day received from Sec
Rotary Foster, OF the Treasury Department. the state
he has been expecting for time. showing the
condition OF TIE Treasury and It's estimated condition
the end OF the present md at III" end Of the next
fiscal year The statement shows that during the
first >x months Of the present fiscal year the receipts
from all sources $2344I0,2lj. and the ex-
prndnres S2:Dj1l 900, leaving an excess OF revenues
over ordinary expenditures OF SJS4s .209. The cnsh
In the Treasury. including gold reserve. July l. 1892,
was sl3.. l43,420. and Oh December 81 1902, $500,
OJ2, JsO.
The total estimated revenues for the fiscal year end
Ing June 30. IsD3 nre si6661l $50, and the total
estimated expenditures s+G407i,3jO, leaving an cs
iimated splu, OF receipts expenditures for the
current fiscal year Of exactly S2OOOoOO The esti
mated cash balance available June 30, 1893 Is placed
At sI2O O92 BIZ which includes SOO.O0O,0O0 for The
gold reserve fund.
For the next fiscal year. ending June 30, 1874 the
Secretary estimates that The revenues from all sources
viii amount TO 800 l2l 3Gj. and the estimated ex
pcndi,urc,. which, however do not appear to include
miscellaneous and extraordinary expenditures, ai F45'
3Gl I:Ij, an estimated surplus OF 81 SOooJo 10
this the Secretary adds the s3O.0D2317 cash balance
above the gold estimated 10 be available June
30. 1893 making an estimated available balance OH
June 30, 1894 Of Sj3.sJ240' from which must De
deducted 5000 900 redemption OF pasidue bonds.
fractional currency and National bank notes. and
~ 900 900 for probable payments on mall subsidiary
contracts, leaving the balance ~. ,s12 400.
There arc contract liabilities Of about the amount OF
this balance aud II Is estimated that tiOOooOoo III
contract, will be- payable In 1904. which would bring
the real working balance down to S',so2,4o'. Inc
expenditures ON account Of pensions estimated In this
statement for the next fiscal year amount to gl0o
81 $50 or an increase the amount which IL Is
estimated will be spent for pensions this fiscal year
Of only sj.4DG.3Jo.
In a separate statement showing the contract la
bllitIcS existing December 81. 1892, II Is stated that
the naldtc, on contracts existing appropriations
are 500 l13 1888, Of which II Is expected that SO,
30 3js will BE- expended In the fiscal year leo3'
and $40 ,037 In the fiscal year 1884. The serrc-
tary's statement for 1894 shows that the Sio2i9.O3s
contInct nnbic, are To be deducted rom the T4'.-
sj. 400 OF balance above the gold reserve estimated
n available cash. but 1t does not show clearly
whether the S2j. 3j9,3jo OF contracts 10 be paid In
80, has has not been deducted In the estlmit"
(ubovc the gold fund.- OF S2O.o02.31' rs the
estimated cash balnnc. available June 30, ls03,
though II l. presumed II WAS deducted In hgnrlS
m. cash balance. Very little Is allowed To the sink.
ING fund In these estimates. aud supplemental
Statement places the estimated balance due the fund
June 80, 1894, ut $4,000 ,oo'.