The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1895-07-05
THE NATIONS FINANCES.
Years Review of the Operations
Of the United States Treasury.
The Number Of National Banks in Exist
eDce-RepGrts OF the Life Saving
SerFIce-statistics of the En-
AEratIon 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 S43,250, OO0
This. added to last years deficit of near
" $40 OOo 600, makes the excess of ex-
penditures over receipts since June 80,
1898. about S1I3, GOO. The total re-
ceipts of the government this fiscal
year exclusive of postal revenues,
amounts to nearly S3I3.O00,O 600, and
the expenditures $3.50, $50, OOO of which
pensions took Sal. 391, 523. Last year
the aggregate receipts, exclusive of
postal revenues. were S297. 722. 0l9, and
the expenditures 1867, 525, go. The re-
ceipts this year, therefore, were SI5.-
27s, 600 greater than last, and the ex-
penditures about II, OF, GEO. The postal
service deficit is about S11y 200, 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 5000, 600,
as against a little more than S147, OOO,-
600 last wear. The customs this year
makes a better showing than last by
about SCI, 0O6,Ooa Last year the
receipts from this source amounted to
nearly Sl32- Geo, 600, and this year they
approximate sl53, COO, 600. of this
amount sugar contributed about S17,
$50, 600.
To-day debt statement shows an
available cash balance of about S195,
COG. 600. of which about S107. 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 SSl, I57,sO0 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 10000, COO
During the fiscal year the number of
national banks in existence has de-
creased from 3,775 to 3.729. 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 SeO7. 3s3.244 on July l,
1894, to S2Il. 69l. 035 July I. 1895. From
July is, 1894, to May :, 1895. the nearest
dates to the year obtainable, the loans
and discounts of national banks have
increased from 81, 933, $50, 35s to 81, g76,-
Goa, AS, or about $4,000. 600. During
the same time individual deposits have
increased from 81, 677, sol. zoe to 81. &C.,
Pol, 299, or about STA, 900, eco. The law
full money reserve held by banks shows
heavy increase from sS64, IO5, 75z to
S43s, 931, $40, or nearly S.5, Oo0, Geo
The reports of the operations of the
life saving service show that during
the last year the total mum Der of dis |
Rsters to vessels at sea and on the
great lakes was about $50. OF these |
BIS were on the Atlantic and gulf |
coast. 10 on the great lakes and II on
the Pacific. The value of the property |
involved is given approximately at S7,-
635, 900. The property lost is estimated
at 81, 254, 600. OF the 4,61S persons on |
board vessels in distress only twenty
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 ifty-ive as against ninety-one
last year.
The records of the emigration bureau
show the number of emigrants who
in 81.
to be approximately 255, 325, decrease
for the year of 30, 3O4. OF the whole
number of arrivals about $500 were
debarred from landing and deported
to the port whence they came