The Saint Paul globe., 1896-12-08
DEPARTMENT REPORTS.
Expenditures and Receipts for the
Fiscal Year.

Fiscal Year.
The secretary of the treasury reports that
during the fiscal year ended June 80; 1895,
the receipts of the government from all
sources amounted to $409 475, 408.+ During the
same period its expenditures were $434,61S,
654.4S, the excess of expenditures over re-
ceipts thus amounting to $25, ,203, 245.7O. The
ordinary expenditures during the year were
81, OILS S52.21 less than during the preceding
fiscal year. OF the receipts mentioned, there
was derived from customs the sum of $780,
021 751.67, and from internal revenue, $l46,-
$50, 615.66. The receipts from customs show
an increase of 81, S63 134.22 over those from
the same source for the fiscal year ending
June go 1895, and the receipts from internal
revenue an increase Of So, ,5S4 537. 81.
The value of our imported dutiabe mer-
chandise during the last fiscal year was $685.
157 47O. and the value of free goods imported
$409 967 470 being an increase of Sc 523, ,675 in
the value of dutiable goods and SAL ,231, ,034
in the value of free goods over the preceding
year. Our exports of merchandise, foreign
and domestic, amounted in value to $SS2, $685.
93S, being an increase over the preceding year
of $l5,OG8, 773. The average advaioreum duty
paid on dutable goods imported during the
year was 1894 per cent. and on free and
dutiable goods taken together 20.55 per cent.
The cost of collecting our internal revenue
was 2.7S per cent, as against 8.81 per cent
for the fiscal year ending June 80, 1895. The
total production of distilled spirits, exclusive
of fruit brandies, was S8,5SS,703 taxable gall
Ions, being an increase of $685. 1GS gallons
over the preceding year. There was also an
duced from fruit, as compared with the pre-
ceding year. The number of barrels of beer
produced was 1883, 250 as against 1883, ,7S4
produced in the preceding fiscal year, being
an increase of 2,269, ,466 barrels.
The total amount of gold exported during
the last fiscal year was SIP, ,409, ,947, and of
silver $50 541,67O an increase of $45, ,466 Of
gold and $13,246, 1884 of silver over the expor-
tations of the preceding fiscal year. The I'M
ports of gold $33, ,525, 065 and of silver
$2S,7771S6, being $2S sos less of gold and $8,-
n IiVrnr AIIp4 fNTn-
ceding year. The total stock of metallic
money in the United States at the close Of
the last fiscal year ended on the 30th day of
June, 1896, was 81 22S,926 .035, of which $685.
597 1854 was in gold and $628 72S, OIL in silver
On the first day of November 1896, the
total stock Of money of all kinds in the
country was $2,2S5, ,410 500, and the amount in
circulation, not Including that in the treas
ury holdings, was 81, ,627, ,O55, Gil, being $22 So
per capita upon an estimated population Of
II 902, 900.
The production Of the precious metals in
the United States during the calendar year.
1885, is estimated to have been 2254 100 fine
ounces of gold of the value of $46 900 and
55727, 900 fine ounces of silver of the CONNER
cial value Of $36 445, 600, and the coinage value
of $72, ,051 900.
The estimated production of these metals
throughout the world during the same period
was 93S8, ,S21 fine ounces of gold amounting
to 5000 2S5, 700 in value, and 1859 1S9, ,249 fine
ounces of silver of the commercial value Of
$1l0 654, 900, and of the coinage value of S21S-
73S, 1OO according to our ratio. The coinage
of these metals in the various countries of
the world during the same calendar year
amounted to $282, 701, ,43S in gold and Sl21-
996, 219 in silver.
COINAGE AND CIRCULATION.
The total coinage at the mints of the United
States during the fiscal year ended June 80
1896. amounted to $71 1SS, ,4e8. 90, of which S58-
S7S,490 was in gold coin and $12 POS, ,972 so in
standard silver dollars, subsidiary coins and
minor coins The number of national banks
organized from the time the law authorizino o
their creation was passed up to Oct. 81
1885, was 5,G51, and Of this number 1873 were
at the date last mentioned in active operation
having an authorized capital stock of $3.50 :
Ql4,SS5, neld by Z23,202 Shareholders and cir
culating notes. amounting to S211 412, $40
The total outstanding circulating notes of
all national banks on the S1st day of October,
1856, amounted to 1924, ,553, ,S07, including un-
redeemed but fully secured notes of banks
nsolYent and in process of liquidation. The
increase OF national bank circulation during
the year ending on that day was S21 O99 429
on Oct. 6, 1896, when the condition of ma
uonal banks was last reported, the total re-
sources of the 3,679 active institutions was
So 2G3 6S5, 1888 which included 81 S93 268 S39 81
IN loans and discounts and 1852, ,165, 733. .S5 in
money of all kinds on hand. OF their la
bilites 81 ,597, 891 05S.03 was due to individual
depositors and $209, ,019 consisted Of out
standing circulating notes.
There were organized during the year pre-
cedlng the date last mentioned tWenty-eight
national banks, located in fifteen states of
which twelve were organized in the Eastern
states with capital of 81, $50, 0O0 six in the
Western banks with a capital of $S75 600 and
ten in the Southern states with capital of
$l,l9O, eco. During the year. however thirty-
seven banks voluntarily abandoned their
franchises under the national law and in the
case OF twenty seven others if was found
necessary to appoint receivers Therefore
as compared with the year preceding there
was decrease of thirty-six in the number
of active banks. The number of existing
banks organized under state laws is 570S.