The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-02-09
THE PUBLIC DEBT.
The January Increase over Seven Million
Dollars-Falling on OF Customs at New
York-The Bond Issue.

The January Increase over Seven Million
Dollars-Falling on OF Customs at New
York-The Bond Issue.
WASHINGTON. Feb. 2-The public
debt statement shows that the net in
crease of the debt less cash in the treas
ury during January was 81, $50, 064 The
debt on which interest has ceased since
maturity decreased SOS, 900, and the
debt bearing no interest increased
81, 1854. 729. There was decrease in the
cash balance in the treasury during the
month of sc, 293. ass. The interest-bear-
ing debt is $685., 4O4 9O9; the debt on
which interest has ceased since rnatur-
ity, 81, sS4. $50, and the debt bearing 10
interest s379, 2l7, sos, a total debt of
1865, 142, 525. The certificates and treas
ury notes offset by an equal amount of
cash in the treasury amount to s6l2,-
059 1S1 an increase during January of
s., ,757.
The gold reserve is s65, $50, IFS and
the net cash balance SIS, 431, GA, total
available balance of sS4, 0s2, 0s9, a de-
crease during the month of So, 293, 455.
The total cash in the treasury is $751;
TOO, 153
Government receipts from all sources
during January were s24,OS2, 73s, and
the expenditures s31, 1906 Receipts
for the several months of the fiscal
year, Sis, 793, 1888, and expenditures,
s210, CSC, AIS, deficit of S44, SSS, 295. Com
pared with the same period of the pre-
vious year, the customs receipts fell off
in round numbers $40, OOO, 900 and in
ternal revenue receipts fell off $4,000
900. The civil and miscellaneous ex-
penses during the same period de-
creased about So. 600. 900, the expend-
itures on account of war increased So
600 900. The expenditures on account
of the navy increased 5000, 900. and on
account of pensions decreased sl1, 000,-
900.
The receipts of customs at New York
were IS, 135, S31, compared with receipts
of SIS, POI, S92 in January, 1898, and
1890, AS in January, 1892. The re-
ceipts this January were paid II per
cent. in gold coin as compared with %
per cent. in 1892. The total gold in the
treasury, coin and bullion, is Sl42, 665,
594.
THE BOND SUBSCRIPTIONS.
WASHINGTON, Feb 2.-The subscrip-
tions to the new ) per cent. loan offers
received amount to s54, sos, 100, at prices
ranging from III. 223 to 100 500. There
was also an offer of 5000 for one bond of
$50. There are known to be on the
way additional subscriptions amount.
ing to more than S5,0O0,000, which,
owing to delay in the arrival of
the mails, will be entitled to con-
sideration when received.
At the lowest figures, viz: AT the
secretary's upset price of 117.22S the
gold received will amount to more
than s5S,OOO OOO This is IN tie pre-
sumption that gold will be used en-
tirely in paying for the bonds. 1t may
be, however, as has heretofore been
pointed out in these dispatches, that
legal tender and treasury notes
will be used indirectly to some extent
in the payments for the bonds, in
which case the currency balance would
be increased in proportion. The gold
reserve is 500. 900, O0o and if the bonds
were paid for to-day in gold at SIS, OOO,-
600 the total reserve would be sl23, O00,-
600, or 1913, OO0 coo more than is regard
ed as the customary limit