The Coconino weekly sun., 1894-12-06


 be maintained only by the continued presence of foreign military force and at no small sacri- flee of life and treasure. The suppression of the Mataafa instruction by the powers, and the subsequent banishment Of the leader and seven other chiefs, as recited in my last mes sage. did not bring lasting peace to the islands.
 Treasury Statement.
 The secretary of the treasury reports that the receipts of the treasury from all sources of revenue during the fl seal year ended June 3O 1891, amounted to S372 8l2 iS9 20 and it's expend- ituros to S4E2 sos 75sS S7 leaving a decit of S69, s03 26O,bs, There was decrease of Sl5 59i2.0H- 66 in the ordinary expenses of the government as compared with the fiscal year 1893, There was collected from customs $l9i.slS,53o 6s, and from internal revenue Sll7,lOS, li0SO The pal ance of the income for the year, amounting to S93 ,5l7QT was derived from the sales Of lands and other sources. The value of our to- tai dutiable imports amounted to S275,lD9,Os6, being $l4j, ,657 625 less than during the preced- ing year and the importations free of duty amounted to S379.T95 536, being t6i,IiS,O75 less than during the preceding year. The receipts from customs were S73 536, ,4sS. II less and from internal revenue si3 S3j b390 07 less than in lS0S The total tax collected from distilled spirits was $s5, ,259,s 0.2S, on manufactured tobacco, S2S 6lT S9S 62, and fermented liquors S3 ,il4,- 7SSOl.
 Our exports of merchandise, domestic and foreign, amounted during the year to SS92, liO.- 572, being an increase over the preceding year of $H,495,S7S Tho total amount of gold ex- ported during the fiscal year was s76,s9s,O6i, as against $lOS, ,6S0 4ii during the fiscal year 1893 The amount imported was 72,4l9, l19, as against $2l ,174,3Sl during the previous year. The i'm ports of silver were Sl32S5,S ,S52 and the exports were s5O,45l ,2G5. The total bounty paid upon the production of sugar in the United States for the fiscal year was Sl2l00,2)S,S9, being an inprpaSR n SD 7oS OI the nlVmpntS made during the preceding year. The amount of bounty paid from July i, 1891, to August 8, 1891, the time when further payments ceased by operation of law, was s966,lS5,A The total expenses incurred in the payment of the bounty upon sugar during the fiscal year was sl30 lI0S5 It is estimated that upon the basis of the present revenue laws the receipts of the government during the current fiscal year ending June 30, 1895, will be si24,427 74S.44, and its expenditures s4ii 745.44, resulting in deficit of $0, 900, ,000 The first day of Mo- vember 1894, the total stock of money Of all kinds in the country was s2,240 3,SSS, as against g. 204, ,65l 900 the first day of Novem- Der, 1893, and the money of all kinds in circulation or not included in the treasury holdings was si, ,672 003,422, or s2i.27 per capita upon an estimated population of GS.SSL0O0 At the same date there was held in the treasury gold bullion amounting to SiL6i5, ,i0755 and sil- yer bullion which was purchased at cost Of elSl,ffS,yoe. Ine puTCnaSC or SllNcr uuIllOH uu- der the act of July IA, 1890, ceased on the first day of November, 1893, and up to that time there had been purchased during the fiscal year II 9I7 65S TS fine ounces at a cost of sS,15,- 52l 32. an average cost of s0,733 per fine ounce. The total amount of silver purchased from the time that law took effect until the repeal Of It's purchasing clause on the date last mentioned was lcS ,674 6S2. .53 fine ounces, which cost sl55 93l ,0l2. 25, the average price per ounce being s9.4L The total amount of standard silver dollars coined at the hints of the United States since the passage Of the act Of February 2S lS93 is SCI l77d,40S Of which $37S, ,l6j793 were coined under the provisions Of that act, S3s,- 53l ii3 under the provisions of the act of July IA, 1890 and s5, ,07s, ,47S under tho act providing for the coinage of trade dollar bullion; the to- tai coinage of all metals at our hints during the last fiscal year consisted Of 63,4Sj,2EO pieces, valued at si06 2ld73O.05, Of which there was S99 i74.9l2.5O in gold coined s75S in standard silver dollars, S,O24,liOO in subsidiary coin and s7lo,ol9 26 in minor coin. During the calendar year 1893 the production Of precious metals in the United States was eS- tlmated at 739, ,323 fine ounces of gold of the commercial and coinage value Of S35, ,g55,OO0 and 60 OOJ 600 fine ounces of silver of the bullion or market yaluo Of Si6,SOO 900 and of the coinage value of s77,576,OOO. It Is estimated that on the first day of July, 1894, the stock of metallic money in the United States, consisting of coin
 
 which sG27 923 ,2Ol was gold and s62i,3i775s was silver.
 FiJty national banks were organized during the year ended October 3l, 1891, with a capital of s. 2S5 000, and Seventy-nine, with capital of SlO.475.OO), went into voluntary liquidation. Twenty-one banks, with capital Of s2T 900, were placed in the hands of receivers. The to- tai number of national banks in existence on the 3lst of october last was S,756, being 4) less than on the 3lst day of October, 1893. The cap ita stock paid in was 1872 67l ,3G being s9,67S, 49l less than at the same time in the previous year, and the surplus and undivided proitS less expenses and taxes paid, amounted to s3A.l ,Os2.lO, which was sl6,Oso'7s) less than on October 3l, 1893.
 The circulation has decreased si.7Il,5G The obligations of the banks to each other were in- creased Sll7 2G9 334 and the individual deposits were S3T7 29i iS9. less than at the corresponding date in the previous years. Loans and dis counts were sl6i ,20j,923 more than at the same time the previous year, and checks and other cash items were s9O,3i9, ,o63 more The total re- sources of the banks at the date mentioned amounted to s. i73. .92?, ,0J5, as against S3i0),- 563. .28i.3j in 1893
 Army Affairs.
 From the report of the secretary Of war it appears that the strength of the army on Sep tember 30, 1894, was 2l35 officers and 25,765 en- 1 listed men. Although this is apparently very slight decrease compared with the previous year, the actual effective force has been in creased to the equivalent of nearly two regi- ments through the reorganization of the sys- tenn of recruiting and the consequent release | to regimental duty of the large force of men hitherto serving at the recruiting departments. | The abolition of these departments, it is pre- | dlcted, will furthermore effect an annual re- duction approximating s25O0OO in the direct | expenditures. besides promoting generally the health, morals and discipline of the troops. | The execution of the policy of concentrating | the army at important ccnters of popu- iation and transportation, foreshldowed | in the last annual report of the secre- | tary, has resulted in the abandonment | of fifteen of the smaller posts, which was ef- | fected under plan which assemblies organizu- | tions of the same regiments hitherto widely | separated. This renders our small forces more | readily effective for any service which they may | be called upon to perform in cases over the ex- | tent of territory under protection without diminishing the security heretofore afforded to any locality; improves the discipline, training l and esprit de corps of the army, besides consid- | erably decreasing the cost of it's maintenance. Though the force of the department has been | somewhat increased. more than three-fourths | of the army is still stationed west of the Mis- | sissippi This carefully matured policy which