New-York tribune., 1896-04-02

THE GOLD RESERVE RAISED ONLY ABOUT 5000, 900
IN THE MoNTH-RECEIPTs AND EXPENDITURES
AS SHOWN BY THE TREASURY STATEMENT.
[Br TELEGRAPH THE TRIBUNE.]
Washington. April 1-Government financial opera
tons and results. shown by the Treasury De-
partment monthly statements for March Issued to-
day. continue to be unfavorable and dlscouraging.
they have been in nearly every month since the
"perfdy and dishonor' Democratic reform tariff
bill became law In August 1894 March financial
operations show an increase of about sl5.coO0o in
the bonded Indebtedness Of the country due 10 a
continuance of funding operations under the latest
bond issue. but show nothing like corresponding
increase In the gold reserve. which to-day is only
about S,0000O0 more than II was on March !. In
revenues last month presents comparatively good
showng-the deficit or excess of expenditures over
receipts being only 81. 900, against about $4,000
for the last nine months the first three-quarters
Of the current fiscal year. During March the bond
ed Indebtedness was increased Si.7S,s7O. while the
MISUNDERSTANDING debt decreased &19f7. and tho
Treasury cash balance increased sS.9S47il. making
a net increase in the debt last month OF S.2I,7S
The total debt to-day. less E1. 74s net cash bal
ance IN the Treasury Is ssi2Si2.ZS OF this amount
S7.40i140 Is bonded debt. made up in round num-
bers Of $56O00000 Old per cents, $l00,00O0O new
per cents SIS 10000 per cents. and s9Ooh.l5o so far
foated and outstanding Of the latest so-cal.ed popu
lar per cent loan.
against which there Is outstanding ASs2246 in gold
certificates. leaving a gold reserve OF Sl2s6iG,460
against s2s.9629 9s9 March l. Silver assets to-day
aggregate s5256.l96, against which there is siSi.-
4O6.74 in silver certificates and silver Treasury
notes outstanding leaving silver reserve OF $6s.-
l69.952. about a million less than month ago.
The Treasury to-day holds sll4.6l2.5Si in United
States notes. against which there is outstanding
S346So.0oo in currency certificates leaving green
back reserve Of 1884. about 100000 more
than month ago.
Government receipts from all sources last month
amounted 10 S26ll l49, while expenditures were $2.-
2749s3, making the deficit for the month S.253.sii
Custom receipts disappointing TO Treasury
officials, and amounted to only N5,SH25. nearly
10000 Jess than in the preceding month Of Janu-
airy and sl.5oo.0ro less than during March, 1884.
Receipts from all for the last nine months.
hree-quarters of the current fiscal year. aggre-
gate s2JOoce.SiO while expenditures far In the
year amount TO 1868 36o.5i2 a deficiency up to date
In this fiscal year of sS760,,02. or about S,VooOo
more than Secretary Carisle's estimate for the en-
tire year. Receipts for the last nine months at the
figures mentioned would seem to Justify the eXpec-
tation of $sj 10000 revenue for the year. Customs
duties for the last nine months have brought IN
Sl27.000o0. Foreign trade conditions. however are
nearly the reverse OF what they were last spring,
when imports exceeded exports In value ana 80
Treasury officials feel doubtful whether the next
three months will average as well as the last nine
hurtful to revenue. will bring compensation In an
other way-by essening the demand for gold Tor
exportation and make II easier TO Keep the Sohi
reserve in decent and safe proportions The pros
pect seems good however. for a revenue OF about
1896 OpD 900 for the year, which would be Sloo"'V
less than Secretary Carlisles estimates
Expenditures for the last nine months aggregated
s2S9 0.542, and with the heavy Interest chdrge
which must be met during the last quarter OF the
fiscal year, amounting TO about $50o.OU or great
er sum than has been paid on this account IN any
quarter since long before the advent OK a borrow
Ing Democratic Administration the prospect is also
good for an outgo If 1852 10000 this year. or sum
Sy up 10 the secretary's estimate All this points
to deficit Of from S25 10000 70 s3or1.oc this fiscal
wear. and the monthly statistics OF receipts and
expenditures and OF bond issues and Of diminishing
and replenishing gold which have been put
ont from the Treasury Department during the last
year or two only emphasize and reiierate the need
for more revenue ana less tariff for deficit only
The Goyernmcnis receipts and expenditures IA
detail during the three quarters Of the fiscal year
ending Yesterday are shown by the following table:
RECEIPTS SINCE JULY /. 1885
Customs .. si2G 06G 2.9 Miscellaneous II 90 3HI
Internal revenue llO+4 IA -. - ... /
Total S-'''''
EXPENDITURES.
VII and d
laneJls .. sGs Is si3 Pensions loi 25sl
.......... 40 4'r,s75 Interest 2'""''-