Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1894-12-08
COLLISIONS AT SEA
CONDITION OF OUR FINANCES.
Treasury Funds, Imports, Exports, Taxes
and Deficiencies

Treasury Funds, Imports, Exports, Taxes
and Deficiencies
The secretary of the treasury reports
that the receipts of the government from
all sources of revenue during the fiscal
year ending June so, 1894, amounted to
S372 500, ,49S.29, and it's expenditures to
$442 COS, 1851, leaving a deficit of S69,-
S03, ,26O So There was a decrease of $15,
9:52, ,674 66 in the ordinary expenses Of the
government as compared with the fiscal
wear of 1898. There was collected from
customs S131, SIS, $50. 62 and from internal
revenue SAT, ,168, 1870. The balance of
income for the year, amounting to s95,-
Sl5, ,51797, was derived from the sales of
lands and other sources.
The value of our total dutiable i'm
ports amounted to S275 5199, ,0S6, being
S146, 657 ,625 less than during the preced-
ing year, and the importationS free of
duty amounted TO s319 195. .536, being $64,-
748. .675 less than during the preceding
year. The receipts from customs was
S13, 536, 4S6. II less, and from internal rev.
enue s13 1886 539.97 less than 1898. The
total tax collected from distilled spirits
was $50, ,259, ,25025, on manufactured to-
bacco $8, Git ,S9S.62 and on fermented Ii
uuors $31, Ala, 1854 Our exports of mer-
chandse, domestic and foreign amount
ed, during the year, to 1892, l40,572, being
an increase over the preceding year Of
$44,495,37S.
The total amount of gold exported
during the fiscal year was $76,S9SO6l, as
against $10S CSC, ,444 during the fiscal year
of 1898 The amount imported was ST.
449, l19, as against $21 ,i74,3S1 during the
previous fiscal year Of 1893. The i'm
ports Of silver We're $13, 3,2S6.522 and the
exports were $50, 451, ,265.
SUGAR BOUNTIES.
The total bounty paid upon the pro-
duction of sugar in the United States
for the fiscal year was s12, 100, ,20S.S9, be-
ing an increase of 81, 725 ,07S,01 over the
payments made during the preceding
year. The amount of bounty paid from
July /. 1894, to August %, 1894, the time
when further payments ceased by oper-
alton Of the law, was 1866, 1854. The
total expense incurred in the payment of
the bounty upon sugar during the fiscal
year was $130,140.85.
It is estimated that upon the basis of
our present revenue laws the receipts
of the government during the present
fiscal year ending June 80, 1895. will be
si24 427 ,.46.44 and its expenditures $i4+.-
42271, .46,44, resulting in a deficit Of $40
coo, 600.
MONEY ON HAND.
On the 1st day of November, 1894, the
total stock OF money Of ali kinds in the
country was s., ,24o, 773. .8SS, as against s2,-
| 204 651 900 on the 1st Of November 1898
| and the money of all kinds in circula-
| ton not included in the treasury hold
! ings was 81 ,672, ,093, ,422 or s24.7 per capita
upon an estimated population Of S..
| SS7, 600 At the same time there was held
| in the treasury gold bullion amounting
| to s44, 6l5, 755 and silver bullion which
was purchased at cost Of $127,7l9,9SS
| The purchase Of silver bullion under
! the act of July IA, 1890, ceased on the Isl
| day of November, 1898, and up to thai
| time there had been purchased during
| the fiscal year 11,917, ,65S rs fine ounces
al a cost of $S,715, ,521. 80, an average cos
| of s0.7313 per fine ounce. The tota
amount Of silver purchased from the
| time that law took effect until the re
| peal of its purchasing clause, on tht
| date last mentioned, was 6S,674, ,6S2. s.
fine ounces. for which was paid S155,
| 931, ,00225, the average price per f!n'
| ounce being $0.9244,
The total amount Of standard silve
ed States since the passage of the ac
Of February 2S, 1879, is s421, ,766, 408, o
which $37s, 166, 1913 were coined under tn