The Coconino weekly sun., 1895-02-21
THE GOLD RESERVE.
Tho Secretary of the Treasury Makes Re-
 port to the Senate.

Tho Secretary of the Treasury Makes a Re-
 port to the Senate.
 WASHINGTON, Feb 14-Secretary Car isle to-day sent to the senate his reply to the resolution recently introduced by Senator German asking, among other things, information as to what portion of the gold reserve in the treasury January l, 1893, had been used for cur. rent expenditures, and how much of the fund realized from the recent sale of bonds had been so used, and the amount required to replace the money so used.
 The secretary said that the original reserve, augmented by the gold pro- ceeds of the sale of bonds, was dimin- ished during the period of twenty-five months to the extent of SIP, 674, ,315, of which S105, ,002, 143 was directly or indi- scr, ,672, 172, which had been converted into notes by the process of redemp- tion, was still on hand. 1t is proper to state in this connection" he went on, ''that when United States notes or treasury notes of 1890 were re- deemed in gold, they were re- ceived into and held as part of the general cash assets in the treasury, the same as any other money belonging to the government, and under the acts of May 31, 1878, and July IA, 1890, they are paid out when necessary to defray the public expenses. Whenever it has been possible to do so, the redeemed notes have been used to procure gold coin by exchange with banks and other financial institutions, and in this way a large amount of gold was restored to the gold reserve fund during the sum- mer of 1893, and some since that time"
 A table submitted shows the total assets in the treasury in excess of the certificates and treasury notes out standing on July 1, 1893, were Sl60, 450,- 6sl, and on January 1, 1895, Sl33. @97,- 277. Of the first amount S95, ,4S5, ,4l3 was gold and of the second $50, ,S9l 600. The cash balance in the treasury De- cember 3l, 1894, available for the cur rent expenses of the government, but not including the gold reserve fund, is given as follows: Silver dollars and bullion, S7,65O, 3O5; fractional silver coin, Sl4, ,4s3.636; United States notes, S34,914,157; treasury notes of 1890, s2s,369,9 ,950; national bank notes, S4,759, 972; minor coins. S1, 1O4, 1S6; deposits in banks, Sl5,0s1,- 275; bonds and interest paid, s12,247, making a total of S106, ,375, TAO The actual amount of gold in the treasury on July 1, 1894, was S64, 3,024, and January 1, 1894, SsO, S9l, 600. The amount of gold received from the sale of United States bonds from January 1, 1894, to December 31, 1894, both inclusive, was Sil7, 3sO 2s2. The amount of treasury notes and United States notes redeemed in gold before the same date was as follows: Treasury notes, ST, S04, ,025; United States notes, sl23, ,94l, ,059, mak- ing total of Sl4l, 745, 104. The cash balance of gold on this account, De- cember 31. 1894, was Ss6, PA, ,445.
 The amount of United States notes and treasury notes in the treasury January 1, 1894, exclusive of United States notes held for the redemption of currency certificates outstanding, was S6,2s9,Os6. Adding to this Sl4l, 745, 1o4, the amount of such notes redeemed to December 3l, 1894, and Si5, ,73S, the amount of like redemptions during the following months, give total of S193,- 15l. .92s of such notes available during the whole period, exclusive of ordi- nary receipts. The amount of these notes remaining in the treasury January 31, 1895, the date of the resolution, was Ss5, ,627, 9S9, showing that of total of S1s6, S62, s42 redeemed in gold, from January 1, 1894, there has been paid out SlO7, 7,525,- 939 Of the amount paid out scr, 0S5,- 453 was for current expenses and $30,- 53s, 4s6 was in exchange for other kinds of money, including gold.
 The report also shows that on July 1, 1894, the expended balances of ap- propriations aggregated SIS, 29l, 1o5, and the total amount available for expendi- lures on that date was S364, ,6l6, 414, making the total available July 1, 1884, S442, 1907, 520. The expenditures during the six months ended December 31, 1894, amounted to S1s6, 952, 4sO, leaving an unexpended balance January l, | 1895, of S255, ,955, ,O39.