The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-12-09
INTERESTING STATISTICS.
Some Figures as to Our Income and Outgs
of Money.

-
of Money.
The statistics OF national income and
outgo, etc., given by the president are
as follows:
The secretary of the treasury reports
that during the fiscal year ended June
80, 1896, the receipts of the government
from all sources amounted to $4O9, 475,-
foS.IS. During the same period its ex-
penditures were 434, 678, 654.48 the ex-
cess of expenditures over receipts thus
amounting to $25, 203, 245.70. The ordi-
nary expenditures during the year were
$4,0l6,S522l less than during the preced-
ing fiscal year. OF the receipts men
toned there was derived from customs
the sum of $ls0,02 ,751.67, and from in
ternal revenue STAG, $3.50, 615.66 The re-
ceipts from. customs show an increase
or 81, 1868. 1922 over those from the same
source for the fiscal year ended June
SO,lS95, and the receipts from internal
revenue an increase of s3.5S4. 1871.
The value of our imported dutiable
merchandise during the last fiscal year
was 1858, ,470, and the value of free
goods imported s409967, 470, being an in
crease of SIS, 523, 675 in the value of dutia-
bic goods and SAL, 231 ,034 in the value of
free goods over the preceding year. Our
exports OF merchandise, foreign and do
nestle, amounted in value to $3.50 ,606,-
1913, being an increase over the preced-
ing year of s75,06S,773. The average ad
valorum duty paid on dutiable goods
imported during the year was 1894 per
cent, and on free and dutiable goods
taken together 2055 per cent.
The cost of collecting our internal
revenue was 2.7S per cent, as against
Psi per cent. for the fiscal year ended
June 30, 1895. The total production of
distilled spirits, exclusive of fruit bran
dies. was SS,5SS, 703 taxable gallons, be-
I'M n ~ In Of 4 lA..
the preceding year. There was also an
increase of 1,443,676 gallons of spirits
produced from fruit, as compared with
the preceding year. The number Of bar
rels of beer produced was 35,S59 $50, as
against 3S,5S9,7S4 produced in the pre-
ceding fiscal year, being an increase of
2,269,46 barrels.
The total amount of gold exported
during the last fiscal year was $112, 409,-
947 and OF silver $50, Sal $40, being an
increase of $45, 94l ,466 of gold and $13,-
246,3S4 of silver over the expectations of
the preceding fiscal year. The imports
of gold were $50, 525 065 and of silver
s2S,777, 1885, being s2.5S9,6 95 less of gold
and $S,566,0 O7 more of silver than dur
ing the preceding year. The total stock
of metallic money in the United States
at the close of the last fiscal year,
ended on the goth day of June, 1896,
was 81, 22S, 1926, OBS, of which $500 597, 1854
was in gold, and s62s, OIL in silver.
On the 1st day of November. 1896. the
total stock of money of all kinds in
the country was $2,2S5, 410 $50 and the
amount I'm circulation, not including
that in the treasury holdings, was ST.
627, 055,64l, being $2263 per capita upon
an estimated population of II ,902 900.
The production of the precious metals
in the United States during the cal
endar year 1895 is estimated to have
been 1884, $50 fine ounces of gold, of the
value of $3.50, 900, and 55,727. 900 fine
ounces of silver, of the commercial
value of $S6,445.000 and the coinage
value of $72,O51 ,000
The estimated production of these
metals throughout the world during
the same period was $685. 21 fine ounces
of gold, amounting to 5000. 2S5. 700 i'm
value. and 1863, 1929 fine ounces of sill
yer, of the commercial value of $l1O,-
6540 900 and Of the coinage value of $21S,-
73S 100 according to our ratio.
These coinage of these metals in the
various countries of the world during
the same calendar year amounted to
1922, 701, 43S in gold and $l21,99 ,2i9 in sill
ver
The total outstanding circulating
notes of all national banks on the 31st
day of October, 1896, amounted to 1884,
So, S07, including unredeemed but fully
secured notes OF banks insolvent and in
process of liquidation. The increase in
national bank circulation during the
year ending on that day was sci ,099,-
429. on oct. G. 1896. when the condition
of national banks was last reported,
the total resources of the 1873 active
institutions was 1926, 6S5, 313.S3, which
included 81 1893, PCS. S39.31 in loans and
discounts and 1862, 165, 1855 in money
Of all kinds on hand. OF their liabili-
ties 81, 597. S91 .05S03 was due to individ-
ual depositors and 5000. 944. 019 consisted
Of outstanding circulating notes.