The sun. [volume] (Morris, Stevens County, Minn.) 1882-1895, 1894-12-06
OUTLOOK FINANCIALLY.
Deficit During the Past Yenr and
Promises of More Of 1T.


The secretary of the treasury reports the
receipts to this government from all sources
Of revenue during the fiscal year ending
June 30, 1894, amounted to $372. 8O2. 49s. %,
and its expenditures to $442, 605, 1887, leav-
ing a deficit of $69, SOB, 260.5S There was
a decrease of SIS, 952 674.66 in the ordinary
expenses of the government, as compared
with the fiscal year of 1893.
There was collected from customs $131,-
S1S 530.62, and from internal revenue SAL
les, 1870. The balance of the income for
derived from the sales of lands and other
sources
The values of our total dutiable Imports
amounted to $275, 0S6, being STAG, 657 ,625
less than during the preceding year, and the
importations free of duty amounted to $780,
795, 536, being $64, 74S, 675 less than during
the preceding year. The receipts from Gus.
toms were $73 536, 1861 less aud from in
1893
:. The total tax collected from distilled spir;;
It's was $S5,259, 250.25; ON manufactured
tobacco SS,617 .S9S.62, and on fermented
liquors S31, AID, 7SS.O4.
our exports of merchandise, domestic and
foreign, amounted during the year to $780,
1852, being an increase over the preceding
year of $44, 405,378.
The total amount of gold exported during
the fscial year was $76,09S,O61, as against
The amount imported was 72,449, 11S, as
against $21, 174, 3S1 during the previous year.
The imports Of silver were $13, 2S6, 552, and
bounty paid upon the production of sugar in
the United States for the fiscal year was
$12, 100 20S.S9, being an increase of 81, 725,-
O7s0l over the payments made during fh e
from July I, 1894, to Aug. Is, 1894, the
time when further payments ceased by op..
Grafton of law was $966, 1854. The total
expenses incurred in the payment OF the
bounty upon sugar during the fiscal year was
$130, 140.S5
1t is estimated that upon the basis Of
our present revenue laws, the receipts or
the government during the fiscal year end
Ing June 30, 1895, will be S424,427, 1854,
and its expenditures $444, 427,7 1914, result
A Deficit of s2O.O0O,O00.
On the LIST day of November, 1904, the
total stock of money of all kinds In the
country was $2,240, 773. SSS, as against
$2.204, 651 900 on the LIST day of November
ton, or not included In the treasury hold
ings, was 81, 672, 003, 422. or $2427 per capita;
upon an estimated population Of 8s, Ss7 900:
treasury gold bullion amounting to $44, ei5v
1875, and silver bullion, which was pur.
chased at a cost of $127. 1888. The pur-
chase Of silver bullion under the act of July
IA, 1890. ceased on the LIST day of NoveIn-
Der, 1893, and up to that time there had
been purchased during the fiscal year IL,
O17,6 5S.IS fine ounces, at O cost of IS, 49,
ounce. The total amount of silver pur-
chased from the time that the law took
effect until the repeal of Its purchasing
clause. on the date last mentioned, was
1853, 674, 682.53 fine ounces, which cost $780,
931, O02. %; the average price per fine ounce
being $0.0244. The total amount OF stand
United States since the passage NJ the act
Of Feb %, 1873, Ia $421, TIC, 408, of which
$685. 166, 793 were coined under the provis-
visions Of the act Of July IA, 1880, and
So 0784 72 under the act providing for the
coinage Of trade dollar bullion -