Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1894-12-08
The National Finances.

THE YEARS INCOME AND EXPENDITURES.
The secretary Of the treasury reports that
the receipts OF the government from all sources
OF revenue during the fiscal year ending June
80, 1894 amounted to $}1a soa 4gs %, and It's ex-
penditures to Sii! sos ,15s.si leaving deficit Of
S69, 800, ,2605s.
There was decrease of 1885? 7466 in the
ordinary expenses OF the government as COM
pared with the fiscal year 1893 There was col
lected from customs Si3 ,s1S $50 62 and from in
ternal revenue ,!dsi7g70 The balance of
the income for the year, amounting to sg3,sl5-
bl7p7, was derived from the sales Of lands and
other sources
CUSTOMS AND INTERNAL REVENUE.
The value of our total dutiable imports
amounted to S,15 1gg 0sG, being l6657 CPS less
than during the preceding year and the i'm
pOrtations free of duty amounted to S319.7g5 a3b,
being S6I 7is Ga less than during the preceding
year. The receipts from customs we're si3,936,-
ls6. II less and from internal revenue sl3,S3b,-
539.G7 less than in 1898. The total TAX collected
from distilled spirits was N52"2 2oO29; on
manufactured tobacco S?s6l7 sgs.62, and on
fermented liquors Sii ili, ,,Ss.Oi.
TIE YEARS EXPORTS.
Our exports OF merchandise. domestic and
foreign. amounted during the year TO Ss92, llO.-
b72, being an increase over the preceding year
Of Mi495,3iS
THE MOVEMENT or GOLD AND SILVER.
The total amount OF gold exported during the
during the fiscal year 1893, The amount i'm
ported was 81 40 iig. as against s2l lI3Sl dur
Ing the previous year. The imports OF silver
were Sl3 2s6, ,552 and the exports were SaO,l5l,-
265,
SUGAR BOUNTY PAID
The total bounty paid upon the production OF
sugar in the United states for the hscal wear
was S12 1OO, ,20s 50. being an increase of S2125,-
O7s 0l over the payments made during the pre-
ceding year. The amount of bounty pad
from July l. 1894, TO August y, lsJi'
the time when further payments ceased DS
operation of law was 30Gd 1881 The total eN-
penses incurred in the payment OF the bounty
upon sugar during the Escal year was $751;
li0.S5.
AN ESTIMATED DEFICIT.
1t is estimated that upon the basis OF the
nresent revenue laws the receipts OF the gov
ernment during the current liscal year ehulhs
,June 30 1895 will be SEli2I3is a. ana lts eX-
pcnditureS Slii ,4%,1is.il, resulting Ill uenelV
of so 0O0,0 900
THE NATIONS STOCK OF MONEY
The first day OF November, 1894, the total
stock of money of all kinds in the eoun-
try was S2ai0,773sSs. as against G,2oi :
65l 900 on the first day OF NovemDer'
| 1893, and the money OF all xmas IN
| circulation, or not included in the treasury
hnldines' was Al 81. .0g3 4?2 or $2i27 per capita
upon an estimated population of 6s'SsI 900. Al
| the same date there was held IN the treasury
an1d hulIion amounting to Ii ,Gl5 l0155 and Sll-
YER bullion which was purchased at cost oi
| 4l27, ,77p0os.
| SILVER BULLION
The purchase of silver bullion under the M ae'
of July IA. 1890 ceased on the irst dsy OF no,
| vcmber 1898 and up to that time there nau
| been purchased during the fiscal year Lilo
| az n fine ounces at a cost of &7lo,osl o. an
| average cost of S0.73lS per fine ounce me 10
| tal amount OF silver purchased from .he sitne ~,
| that law took effect until tne repeal Vi ns
purchasing clause on the date last mentioned
Nos ,,S Nj $50 "a fine ounces. which cost Sl5o,-
g3I OO2, ,2b the average price per line ounce peihe
| $0.g244.
COINAGE OF THE MONEY METALS,
Tho total amount of standard silver dolars
coined nj the mints of the United States since
the passage of the act of February 20, iet', ~ u
&4St T76 408 of which S3iS,l6HN3 were eoi,ou ~ ai
der the provisions OF that act SS Dbl liS M uhuel
,ha rroysions of the act of July H. 1890 and
Sb07s,47p under the act providing for the com,
age of trade dollar bullion. The toial sol,ias, , a
of nil metals at our mnls during tne lts' ,n1 III
cal year consisted Of t34SsSU 2,SeeS thcr, r",
s-sS In standard silver dollars; S02l laoao II
subsidiary silver coin, and Tl6el92O IN miho'
coin
PRODUCTION OF PRECIOUS METALS
Durinp the calendar year 1893 the productloi
Of precious metals in the United s ota'eS -, ,h,
estimated at 793a3 fine ounces o suiu ofn M m,
commercial and coinage value OF o'vo'vo ail, w
~ ana 6ao tine ounces Of silver of the bullion
market value OF S46 100000 and OF tnu ny, to,as an as
value of S77 90 CO., 1t is estimated VA. W,
tirst day of July, 1894 the stock ,in " n of col,
money In the United tates s,n oss of whicl
ana million. amounted to 81 ,25l 0soo,oi NH.
sap an9 ooa ani was gold and $dai3175s was silver
Il NATIONAL BANKS.
,, ,..,,,s r.ara organized durlnl
tho wear ending October 81, 1871 WIN oapi;ta
" AZ OH OO: and seventy win S"p,,n tion
ot SI 475 100 went into voluntary ny 40 IN M
Twenty-ope banks, with u capltai ap1narS y, m,
were placed In the hands o. o. ir,ei ,n evistence OF
totai hui anr ~ October last was SIoo, oeinI
nrtv less than on the 3st day OF os,oee' ,ee
The canjtal stock paid in was Sol. IN th
40 t,7s 48l less than at the same .l.'u and undi
the previous year anu ane ssidt and taxes paid
amo,inted to S34i, lei OSe. ~, when was S''''''
'oY o ,os c,rculaton was decreased 81 300 IN
ohiications OF the banks to eaSn ai osnei Senosit
creased Sll7 26e S3i, ana ,hU ~ mo Correspondent
%et IN the preyious year. Loans anu ,;,,a N
nrs a,ti s6 q2S more than at the SAINT .t itsr,
,,revous wear. and cheeks ana ouhen o,rces a
ware SpO, $40 1868 more. Ihe to.ai a a,monnted I
NJ Somss nj the date mentioned uinosua as ~, ,soe
the nanRs s ~ n' o asainst 49, 2si36 In 1875
The War Department.
srRENeTH OF THE ARMY ,,,r ,
r,..,, ,be report OF the secretary W ~, Con
ms that fhp strength OF the hrlaSs ss ~, rss on
tarnr,her a0 1904 was 2l3o oiuoers ",narentlv "
ssainS man. Althcrrh tn's n pwlth M
very slight decrease conipa,s,,ye pps,cc,,ye force ha
increaseu to the equivalent o. non ~ IN
a,ramts ncu through the reorgallna.a,oon re