Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1895-07-04
THE NATIONS FINANCES.
Years Review Of the Operations
Of the United States Treasury.
The Number of National Banks In Exist
ence-RepoTts of the Life Saving
Service-StatIstics of the EN-
igration Bureau.

WASHINGTON, July 1.-The treasury
deficit for the fiscal year just closed
will be found by to-day's debt state
ment to be approximately S43, $50, OO0
This, added to last years deficit Of near
" $40. 600, 900, makes the excess of ex-
penditures over receipts since June 30,
1893, about $113, $50, 600. The total re-
ceipts of the government this fiscal
year exclusive of postal revenues,
amounts to nearly $3l3,000,00O, and
the expenditures 1856, $50. O00 of which
pensions took $141, 391, 523. Last year
the aggregate receipts, exclusive of
postal revenues, were $297. 722, 019, and
the expenditures 1867. 525. 270. The re-
ceipts this year, therefore. were S15,-
27e, 900 greater than last, and the ex-
penditures about II, 2T5, 000 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 $147, 00O,-
600 last year The customs this year
makes better showing than last by
about $21. 600, 000 Last year the
receipts from this source amounted to
nearly $132, 900, 900, and this year they
approximate $153, OOo,O 900. Of this
amount sugar contributed about ST.
$50, 600.
To-day debt statement shows an
available cash balance of about $685.
900, 900, of which about $107, 500, 600 is
gold reserve. This reserve will include
payment in full of the last bond issue,
but the statement will show a 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. PEN
sions and interest alone are expected
to amount to $50, 900, 600.
During the fiscal year the number of
national banks in existence has de-
creased from BITS to 3,722. 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
s., 337, 791 from $s07, 353. PA on July 1,
1894, to $211, 691, OBS July 1, 1895. From
July 1s, 1894, to May z, 1895, the nearest
dates to the year obtainable, the loans
and discounts of national banks have
increased from 81, $685. $50, $50 to 81, 976,-
604, AS, Or about $40, OO0 OOO During
the same time individual deposits have
increased from 81, GIT, sol, 200 to 81, &c.,
961, 299, or about $13, O0O OOO The law
full money reserve held by banks shows
heavy increase from 1864, los, 757 to
$43S, 931. $40, or nearly $75, ,OO0
The reports of the operations of the
life saving service show that during
the last year the total number of dis
asters to vessels at sea and on the
great lakes was about $50. Of these
37S were on the Allan tic and gulf
coast, 10 on the great lakes and IL on
the Pacific. The value of the property
involved is given approximately at ST.
$685. The property lost is estimated
at 81, 254, 900. OF the 4,61s persons on
board vessels in distress only tw enty-
three were lost as against sixty-eight
last year. The value of the property
lost decreased during the year nearly
one-half. The total number of vessels
lost was fifty-five as against ninety-one
last year.
The records of the emigration bureau
show the number of emigrants who
arrived in this country during the year
to be approximately 255, 325, decrease
for the year of 80, 3O4. Of the whole
number of arrivals about 2, 500 were
debarred from landing and deported
to the port whence they came.