Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1895-07-06
Treasury Has Fallen Behind OF
Late Years.
A STATEMENT OF DEFICITS
The Revenue service Tmproved-Work
of the Life. Savers cussoms
and Other Natter.

washington. June su.-ine tc6nuhs
deficit OF the fscal year just closed win
be found by temorrow's debt statement
TO be approximately s{s.250.o0o. This.
added to last years deficit OF nearly $780,
000. .0Oe, makes the excess OF expendi-
tures over receipts since June 30. isss.
about sIls.250o0o The total receipts OF
the government this fiscal year, exciu-
sive of postal revenues. amount TO near
iy s3i3. 3.0oe. 900. and the expenditures
S356. .250. 900. OF which pensions took $ifl.-
80, SIS. Last year the aggregate re-
ceipts of the postal revenues were $751;
LOIS. and the expenditures 1851 .s25.-
27s. The receipts this year were $lb.-
27S.00o larger than last. and the ex-
penditures about sli. .275.o 600 less. The
postal service deficit is about $il.oo0 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 s143. 900.
as against little more than STAT .000. .005
| last year. The customs make a better
showing than last year by about 81 .oo0.-
900. Last year the receipts from this
source amounted TO nearly s152. 900.
and this year they approximate $1ss.ooo.-
| 600. or this amount sugar contributed
about s17.350.00o The imports for the
nine and one-haif months during which
| the 40 per cent. ad valorem duty has
been collected amounted TO about a.
| $50. 600 pounds. OF which a. 800 900 pounds
was cane sugar and the remainder beet
Tomorrow's debt statement will show
an available cash balance of about 1885,
000, 600, OF which about sl07. $685. 900 is gold
reserve. This reserve will include pay
ment In full for the last bond issue. but
the statement will show n counterdebt
charge of only s3i. i.l7o.o00 In bonds, or
| one-half OF the whole amount issued.
In explanation OF this seeming error. II
Is said. the formal transfer of the Lon
| don 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 s20. 100000.
NATIONAL BANKS.
During the fiscal year the number OF
national banks In existence has de-
creased from s,77s To s,722. Forty-one
national banks have been organized
during the year. 60 have gone into vol
untary LIQUIDATION and 36 have been
placed In the hands of receivers. The
national bank circulation has increased
&.337.7ef from July is. 1894. TO May z.
1895. The loans and discounts OF ma
tionai banks have Increased about s43.-
00o. .0o0 During the same time individual
deposits have decreased about s1s.0oo.-
O00 The lawful money reserve held by
banks shows an increase OF enariy $75,-
100000
REVENUE SERVICE.
The year has been of unusual interest
and Importance TO the United States
-.
special services of "a conspicuous ma
ture. Among these are noted the search
for the Ivanhoe. supposed TO have foun-
dered OF Cape Fiattery on the Pacific.
In which three of the vessels viz. the
Grant. Rush and corwin. Joined. In Its
winter cruising operations. during the
unusually severe weather OF last sea-
son. IL rendered services 60 distressed
shipping OF more than ordinary value
and Importance.
Six vessels have been manned and
fully equipped and dispatched to the
Bering sea to protect the seal herds
aud the government interests In Alas
ka and the seal islands. Two steam
launches are being built for duty on
Puget sound and one for the lower Sa-
vannah river. Contracts have beer
awarded for the construction OF new
steamers of upwards of 800 tons each
which,. when completed. viii be tbs
finest vessels In the service. Much new
legislation has been secured for the bet
terment OF the service. A law has beer
secured. placing on permanent walt
Ing orders" all officers OF the servics
. who are permanently incapacitated q
! perform the duties OF their Office Ii
: carrying into erect the provisions o