New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-02
4 BAD TREASURY .SHOW WING.
THE PUBLIC DEBT INCREASED OVER
Sc 100000 IN MAY
CUSTOMS RECEIPTS AT TIE LOWEST POINT IN
MANY YEARS-A DEFICIT OF ssoNO~0
PROBABLE ON JUNE 30
fuY TELEGRAPH TO THE TRIBUNE 7


Washlne:on June 1.-The Treasury Departments
monthly debt and receipts and expenditures state
mcn.s issued to-day, present very unfavorable
showing of Government hscal operations in the
last month There net Increase In the debt OF
more than 100000, the gold reserve was lowered
about $2 800 900 customs receipts were nearly S.
OF 600 less than In May 1895 and internal revenue
receipts compared with May. 1898. fell off fully
81 OOOOO There was a trling increase of 500 In
the interest bearing debt. decrease of N.2i4O IN
the Treasury surplus. and decrease OF $4O8So IN
the non-ntcrcst- bearing debt, making In all net
increase in the debt during the month of S65O3'@D
The public debt to-day. less $ll7s5i3A cash in the
Treasury is $500 O52 225 The gold reserve. which on
MAY was slO0059 cSS to-day stands at SstS%261 a
loss IN the las month Of 81 1881 The gold export
movement stil keeps up; it was heavier during last
month than was anticipated BIZ Treasury officials.
but il does not occasion any alarm In treasury
circles where It is admitted that the Treasury ia
likely TO lose 100000 more In the present
month This would bring the gold reserve by
July down to about SS.0)OC00, or fully as low as
the lowest point reached last February Just before
Secretary Carlisle authorized to issue the new
5 per cent loan. In July Treasury officials look
confidently for a large falling OFF in gold exports
and with the movement Of crops abroad carly IN
the fall they anticipate that Government gold hold
ings will, they usually DO increase rather IMAM
diminish for some months thereafter. SILVER assets
in the Treasury to-day aggregate So2l against
which there is outstanding S39.662'oi In silver GER
tihcates and $l5e.679.7i2 in silver Treasury notes
leaving n silver reserve Of $i9S5-.'S
Government receipts from al. sources IN May az
grogatel S23QiG.9i about 5000, more than In APi
and nearly S $4,000 less than In May year ago
Customs receipts las; month We're Only @'''s'r'-
the lowest in any month for years. ard $''N'o"
less than in May l&D. Internal rerenue receipts
amounted to Si2On9 so $4,000 than IN the pre-
ceding month. but $4,000 less than in May, lN'
Government receipts for the eleven months ~ the
fiscal year ending VITA May 81 amounted ~ 80
l74no or IN round numbers. about SN'N'N' .'sS
than for the cOYrcSp nilnS period ot the pftc'N
year. The Joss from different sources az iccelp 3
was in round numbers 100000 ~ customs receipts,
Sl4Uo'u,p in internal revenue receipts. ana <t"rVN
in receipts from miscellaneous sources.
EXPENDITURES FOR the eleven months .. nc current
fiscal year aggregated $3il p3GSSI or N@te'oN icss
;hsa for the corresponding period o. me preceding
year This rpara:iVe decrease ~ cNl'"-itusc- 'n
the TWO periods Is more than accounted iof by t"r
decrease in the pension caarSe during the last eeVrn
months the expenditures for tEat OBJECT al'ne nav
ing decreased Sl16G3.3". 49,. ...
VIII receipts t.7r.5Ol0o0 and expenditures VIZ
OOl-an excess OF expenditures over Fecep.H of Wv
$4,000 in iae last c.even m0nthS-Anl WIN ever
prospect OF continued low customs receipts 4lgiAS
this month an excess ~ expenditure over receipts
during the Curren; Asc2l year whlch ends June ~ "i
about $50 5000 would seem - be indicated
Receipts and expenditures IN detail ~ the il>t
eleven months. compared with nc cor!esponhlne
peroi Of the previous fiscal year are SHOWN D. Inc
following table: