Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-12-08
TREASURY DEPARTMENT..
A Deficit CT Nearly seventy Million Dol
lars.

4 Dsncit CT Nearly seventy Million Dol
The secretary of The treasury reports
hat the receipts Of the government from
all sources of revenue during the fiscal
year ending June 80, 1894, amount to s312,-
S02, 4gS, %, and its expenditures to SAP, co.,
1857, leaving a deficit OF 500, so, 260.5S.
There vas a decrease of 49, 52, 6I4.6 in
the ordinary exp nSes of the government
as compared with the fiscal year 1893.
There was collected from customs Sl3l,-
SIS, 530,6 2 and from internal revenue Sli7,-
l6s, 449. 20. The balance of the income for
the year amounting to 1913, sl5.5l19i
was derived from the sales
OF lands and other sources,
The value of total dutiable imports
amounted 10 1919, 1913, 0,6. SlI6,G5i ,G25 less
than during the preceding year, and the
importations free Of duty amounted to
1879, 1e5, 536, being Sta, 500 less than dur
ing the preceding year. The receipts from
customs was s73. $40, 4-G. II less, and from
internal revenue Sl3, S36, 539. - less than in
1898. The total tax collected from dis
titled spirits was $50. 259, 2ju.2j, on manu-
featured tobacco sS,6lI sos q! and OF fer
mented liquors Slab. 7ss.Gi. Our eX-
ports of merchandise, domestic and for
eign, amounted during the year TO $50
liO,512. being an Increase over the proceed
ing year Of ga. 495,31S.
The total mount Of gold exported during
the fiscal year was sos, HsO,O6l, rs against
Sl0s, 6S0, GA during the fiscal year 1898.
The amount imported was 80 .ii9.lle, as
against $2l. ia. ISL during the previous
year. The imports of silver were j. ,2sj,-
5j2 and the exports were $50 5l .265. The
total bounty paid up on the production of
sugar IN the United States for the fiscal
year was Sl2. 100. POS. -. being an increase
Of S2,725,01s.0l over the payments made
during the preceding year. The
800 1A .Nn.l 49,.
July /. 1894, TO August ~, 1894.
the time when further payment ceased by
operation of law was 500. 6ls. 50. The total
expenses incurred in the payment of the
e s2s Sss, Sg ~ s sSs i4s asFia ssy nm 1 sf s@z ~
receipts of the government during the cur
rent fiscal year ending June 30, 1895,
will be 81, 442, 1i4.S44 and its ex-
penditures si4.II2, IA, 81, resulting III a
deficit of $40, 000, 600. On the LIST day Of
November, 1894, the total stock of money
of all kinds in the country was s2,240,7.3.
s8S rs against s., 20i, G5l 900 on the LIST
day of November, 1873, ana
the money of all kinds in
circulation or not included in the treasury
holdings was Sl,6i2. 093, 422 or s24.21 per
capita upon al estimated population OF
s 1857 600. At the time there was held in
the treasury bullion amounting to si4,-
6l5, l7f.55. and silver bullion which was
purchased at "A cost of 1927, 719,9ss. The
purchase of silver bullion under the act of
July Il. 1890, ceased on the first day OF No
vember, 1888, and up to that tim there
had been purchased during the fiscal year
IL, 917, 65s. ~ fine ounces al "A cost of q, tl5,-
52l. 81, an average cost of lib per fine
ounce. The total amount Of silver pur-
chased from the time that law
took effect until the repeal Of its
purchased clause on the date last men
toned was l6s, G7i 6s2. SO fine ounces which
cost Sl55, 1871 ,002. -, the average price per
fine ounce being 1924. The total amount
of standard silver dollars coined at the
minis of the United States $ nee the pas
sage of the act of February ~, 1889, is SELL
116, 40s, Of which 1918. lG6, 1913 were coined
under the provisions Of that act, s3S,53l lab
under the provisions of the act of July Il,
1890, and $5.07s,412 under the act providing
for the coinage of trade dollar bullion.
The coinage of all metals Of our mints dur
ing the last fiscal year consisted of 63, 49,
go pieces valued at $l06, PIG, 730.06, of which
there were 800, 474, 9l2. SO in gold coined,
SIS, 800, 900 in standard silver dollars.
q .024, l40.3 80 in subsidiary silver coin and
$7l6.0 l9.3 6 in min or coin. During the cal
cndar year 1893 the production of precious
metals in the United States was estimated
at 1,739. 1928 fine ounces of gold of the com
mercial and coinage value of S35, 055, 000
and 60. 600, 900 fine ounces of silver OF the
bullion Gre or market value Of $40. 5000
and o the coinage value of $71 100000. 1t
IS estimated that on the 1st day of July,
1894, the stock of metallic money in the
United States consisting OF coin and bull
lion amounted TO 81. 25l ,6i0, 95s. of which
$627, 923, POI was gold and sG24, 347, 157 was
silver.
National Banks.
Fifty national banks were organized
= - " Lna