The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1894-01-17
THE NATIONS FINANCES.
THE PUBLIC DEBT STATE
MENT OF THE TREASURY,

An Increase of Nearly Sl,OOO,O00 in
December--An Unfavorable Show
ing as to the Governments Re.
Gold Reserve.
The United States Treasury Departments
monthly public debt statement and state
ment OF receipts and expenditures Just is'
sued present an unfavorable showing. The
public debt during December was increased
nearly S7,0O0,OO0. The gold reserve de-
creased $4,000, 900. the Treasury sur
plus nearly $4,000. 900. and Govern
ment receipts, compared with Decem-
ber. 1892, fell off S10.750,000. There
was trifliny increase OF 800 in the interest
bearing debt during the last month : an in
crease of 80, ,063. .36l in the non-interest-5ear-
ing debt decrease OF S4,S24. .061 in the
Treasury surplus, and decrease of 1926, $50
in the debt on which interest has ceased
since maturity, showing u net increase in
the debt during the month Of Sc. 861 .662.
The gold reserve in the Treasury on
January 1st amounted to SSO, ,S91 500,
against ss2, 1859, ,049 a month ago. The
Treasury surplus. including the gold re-
serve, amounted to 800, ,375, ,555. against ss5..
9.616 month ago. Treasury gold assets
aggregate S15s, ,S79, 1863. against which there
are gold certificates outstanding amounting
to ST7.4S7, ,769, leaving. as before stated, a
free gold balance Of nearly S81 .000, 900. Silver
assets aggregated $500, ,544. 266, against which
there are silver certificates and silver Treas
ury (Sherman act) notes outstanding
smountingto $4s7, 744, ,655, leaving silver
balance Of s1s, ,79s,611. OF the outstanding
tiflcates and $153, 160, ISL silver Treasury
ootes.
The public debt, less the cash in the Treas
ury, is 1878, ,23O 1862, or S37, 1893, 1877 more than
1t was year ago. During the calendar year
ended December 81, 1892, the debt decreased
s5.975,65S. OF the debt as it stood at the
opening of the present year, 1855, OBS, $40 Is
interpst-bearing debt, made up mainly OF
four per cent. bonds.
Government receipts last month amounted
to S22, ,912. OPT, falling of in the aggregate
compared with December, 1892. of $40, 754,-
1856. More than 81 900, 900 OF this compare
tive falling of in revenue Is due to diminished
customs receipts, which during December
aggregated only 80, ,15S AIS, and nearly S.
0OO. 900 is due to diminished internal revenue
receipts, which last month amounted to $12,-
O5G.s2S. Expenditures last month were $780,
05s,260, or about %, SOC, 900 less than in De-
cember, 1892.
Receipts from all sources during the last
SIX hOuIuS, OE lOE LILO ulSt uoil VI thkO VA :
rent fiscal year, aggregated S151. ,444. a
falling off, compared with the corresponding
months OF the previous fiscal year. Of $42,-
5S5.596. Diminished customs receipts ac-
count for about $31, 200, 900 OF this compara-
tive loss Of revenue, and decreased internal
revenue receipts for nearly S11 900, 900 Of it.
So far during the current fiscal year internal
revenue receipts run ahead of customs reve-
nue. 81, 900. 900, and for the last six months
aggregated in round numbers S74.0OO, COO,
against S70, 0,000, 900 revenue from customs.
Expenditures during the last six months,
or the first half of the current fiscal year.
aggregated S1S9, ,379. IT'S, or about 81 900, 900
less than for the corresponding months OF
the preceding fiscal year. Pension payments
so lar during the current fiscal yearin round
numbers have amounted to $4,000, 900,
against $50, ,0oO 900 for the first half otthe pre-
ceiing year. War Department expenditures
were 81, 500, 900, and Navy Department ex-
penditures $4,000, 900 greater during the last
six months than during the first half of the
preceding fscalyear. They aggregated during
the last six months in round numbers $751;
SOC, 900 in the War and S16, 250,0 900 In the
Navy Department.