New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-16

suit OF the strike at Pullman The scheme of the
progressing slowly While the Noble Ala. scheme
mas also proved failure"
THE TREASURY STATEMENTS
ASSETS AND LIABIILTIEs-WHAT THE FIGURES
MEAN.
The Treasury statement which is published in
Washington daily from the latest returns received
from Sub-Treasurics, minis. assay offices and Ma
tional bank repositories reflects. when analysed
the condition of the Treasury cash from day day
The first item of assets gives the amount Of gold
coin ard bullion in the Treasury Offices; against
this amount there is directly chargeabe the first
Item OF liabtes-gold certificates outstanding. con-
stituting the only immediate gold liability Since.
however. most offices receive daily some OF these
certificates in their receipts aggregated in the
second Item of assets. this amount must be de-
Quoted from the gold-certficate liability before re-
ducing the gold holdings thereby. Thus the net
amount OF gold which the Treasury holds In trust
for the certificate holders If arrived at. And when
this is deducted from the first Item of assets the
gold belonging the Treasury and usually known
the reserve" is computed.
Thus on December the published statement
showed.
cola G csr aea outstanding s
- Sc. I3a
leaving gold $40 o07 562
The third item OF assets is silver dollars and
bullion. and represents the silver purchased and
coined under the OF February 2s, 1873, which
is held in the Treasury Offices. and against which
silver certificates may be issued. The second item
OF liabilities represents the silver certificates out
standing-directly charseable dgains, the silver
assets named: here again one must make allow
for the silver certificates in the Offices 20
arrive al the net silver funds. SO that on Deem
her the statement
dollars bullion. s32s 93s o2i
Silver certificates outstanding .sSa7 .? soa
----- 800 o2I .os2
Leaving free silver So'l'N''
a capacity TO issue silver certificates in excess OF
the amount Of hand. OF 81 se6. AZ
The next item OF assets is silver dollars and bull
ion purchased under the act OF July "a 1890 com
monty called the Sherman act, for which Treasury
notes were issued The amount Of notes outstand-
ing shown in the third item OF liza bilitics must
Away correspond with the amount OF the assets
in this category. the notes when redeemed
in gold and re-issued continue liability,
but when redeemed IN silver dollars. which
is done almost daily. the notes are can
celled and the liability is continually reduced
When the notes are received into the Treasury In
the regular OF business. they are, OF course
used In it's payments Consequently IT is found
dtem No n that sos a.765 in the possession
OF the Treasury TO offset any liability not otherwise
provided for. Moreover. owing TO tho Incomplete
ness Of the transactions there was on the date
named an excess OF s15.il4 Of silver over notes
available for the purpose
Item No OF the assets gives the United states
notes or ''greenbacks' in Treasury Offices against
This is a liability fourth item for currency cor
tihcates which issued upon deposits OF th"f"
notes in $4,000 denominations and payable to order.
for convenience in clearing nous, transactions and
reserves. under the act Of June 8. lS72 This la
blity must however. be reduced by the amount
OF certificates held In the Offices. but not Yet
charged out az cancelled. We thus have on De
cember s:
p nnen S'a eer,,fcse. SIS scs 30
Less hand. ............. l.sl0,OD
Net United States notes. .................. N6slL1l3
The next Item of assets represents National bank
notes in the Offices and In the redemption agency
in the Treasury department. for the latter consti;
tut,ng the bulk o. the amour me Treasnry ma pa
other moneys. on December The am9Hn, was
minor coin, Which. while not legal tender except
for small amounts. is nevertheless q assed as an
asset. and banks az well az individuals draw upon
the amount daily for change. When II has per
formed IT'S function 1t returns to the Treasury. which
redeems il In other money lne amount Is constant
~ fuctuang. according TO the demands OF the re-
tall trade. ON December there was on hani S5'-
items Nos i and - Of assets represent fractional
eeG by 03 thu evsrs oees but not yet tnned
into the Treasury for cancellation AS they are IN
course TO be used 70 offset an equal amount OF obi-
ga g!on. On December these items amounted to
$2,s, S3s.
The last item Of assets. the deposits in Natlona.
banks DESIGNATED by the Government as public de
postories is reported IN two parts-the one repre-
senting the amount held for the Treasury the otltr
that held for dsbursing officers Since the amounts
held the credit OF ali dsbursing officers IS m
cuded in the last item OF Liabilities. both OF the
sums banks assets. On December these
amounted to t5.l5OJJ.
OF the Treasury amounted 70
ssO1 3is 42: the assets arrived at by deducting
therefrom the amount OF the first four items OF la
bltes viz: sGo567l .so5 were N@56f,S59 consisting
above noted Of:
Ne, Rold siO oO1 .5G2
Net silver uS7Sl GJl1. s3g
Ne, silver 6lsyOJ 1jil4
Nei United States Observation-Disclosures. 1Gs1, 713
Treasury notes 90 1924. 1GJ
National Bank notes 3s%, 81
Fractional silver ana minor ......... 10 1o2 .t
FRACTIONAL currency ty,nis coupons 800
Funds in National Bank dcpos IL 100 800
From this amount must be deducted the last
mentioned item OF assets. representing. beside the
..l-...l c.a.lL. IL