The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-07-01
ENDS DON'T MEET.
Treasury Deficit is 43 Millions
for the Year.
Excess of Expenditures Over
Receipts 113 Millions.
ARRAY OF FIGURES.
ARRAY OF FIGURES.
Facts Disclosed by Today's
Treasury Report.

WASHINGTON, July 1.-The treasury
deficit for the fiscal year just closed is
found by to-day's debt statement to be
approximately $40, $50, 900. This added
to last years deficit of neatly $40, O00,-
900 makes the excess of expenditures
over receipts since June 80, 1898, about
S113, $50, OOO The total receipts of the
government this fiscal year, exclusive
of postal revenues, amount to nearly
S313, 900, 900, and the expenditures to
1856, $50, 900, of which pensions took
e141, 39l, 523. Last year the aggregate
receipts, exclusive of postal revenues,
were 1927, 1872, o19, and the expendi-
lures $267, 525, 279. The receipts this
year, therefore, were SIS, 27s, 900 great
er than last and the expenditures about
| 81, 275, 900 less. The postal service
deficit is about 81, 900, 900, which is
considerably in excess of that of any
recent year.
The internal revenue department of
the government has contributed this
year to the receipts nearly $143, 900, 900,
as against a little more than S147, OOO.-
900 last year. The customs this year
makes better showing than last by
about $21, 900, 000 Last year the re-
| ceipts from this source amounted to-
nearly S132, 900, 900 and this year they
approximate $153, ZOO, 900. Of this
amount sugar contributed about ST.
! $50, 900.
The debt statement shows an avail
| able cash balance of about $195, 0OO. 900,
of which about $1O7, 100000 is gold re-
serve. This reserve includes payment
in full for the last bond issue, but the
statement shows counter debt charge
of only $31, 157, 700 in bonds, or one
| half of the whole amount issued.
| In explanation of this seeming error,
it is said the formal transfer of the
London half of the bonds has not yet
| been made. The expenditures for July
will be exceptionally heavy. Pensions
and interest alone are expected to
amount to $40, OOO,O 900
During the fiscal year the number of
national banks in existence has de-
| creased from 8, 776 to 2,722.
Forty-one national banks have been
organized during the year; sixty have
gone into voluntary liquidation, and
thirty-six have been placed in the
hands of receivers.
The national bank circulation has
increased 81, 337, 791, from S2O7, 800, PA
on July /, 1894, to $211, 691 ,O35 July l,
1895. From July IS, 1894, to May z,
1895, the nearest dates to the year OBJ
tainable, the loans and discounts of
national banks have increased from
1888, $50, 352 to 81, 976, GOA, AS. or about
S43, 600, 900. During the same time in
dividual deposits have increased from
| ST, 667, S01, 200 to 81, 900, 961, 299 or about
$13, 900, 900. The lawful money reserve
held by banks shows heavy increase
from 1854, 105, 757 to $42S, 931, $40, or
nearly $75, 900, 600.
The operations of some of the i'm
portant bureaus of the treasury de-
partment during the last fiscal year
are briefly outlined as follows: There
were employed under the lighthouse
board in the construction and main
tenance of aids to navigation thirty
two steam tenders, six steam launches
and two sailing tenders. In supplying
lighthouses and vessels and caring for
bouys these tenders steamed 2O5, $50
miles. There are 3, 422 persons en-
ployed in the lighthouse service as
keepers, etc. The total value of the
lighthouse esta blishments is about
500, 900. 600. The new fog signal sta
tions and forty-seven new lights were
established during the year. The
lower Cedar Point light station was
destroyed by fire and the Smiths Point
light was carried away by the ice.
During the year perfect telephone
communication between Scotland
lightship and the shore has been es-
tablished. This is one of the greatest
achievements yet in electrical research
and seems to demonstrate that tele-
phonic communication with simpl e
appliance can be had with the shore
by a vessel many miles at sea without
any direct metal connection nearer
than several hundred feet from the
vessel.
The reports of the operations of the
life saving service show that during
the last year the total numbe of dis
asters to vessels at sea and on the
Great lakes was bout $50
The records of the immigration bureau
show the number of immigrants who
arrived in this country during the
year to be approximately 255 ,425, a
decrease for the year of 80, 504. OF
the whole number of arrivals about
1850 were debarred from landing and
deported to the port whence they
came.
The total number of government
buildings now under course of con
struction by the supervising architect
is fOrty-four, contemplating total ex
penditure under existing limit of cost
of SIS, roo, O13. The number legislated
for but not commenced is thirty-two
involving an expenditure of S15, 3s1 J,
1S2 The total number of completed
buildings now under the control o.
the treasury department is 296.