The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-11-29
UNCLE SANS FINANCES,
The Total Money in Circulation
is $I,507,457,53I.

Washington, Nov. 2S.-The annual re-
port of Daniel n. Morgan, treasurer of
the United States, shows the net ordinary
revenues of the Government during the
fiscal year ended June 30. 1896, to have
been 1925, org, 200, and the expenditures,
1862, 170, 446, leaving a deficiency for the
year of S25, 203, 246, or $17,601, 977 less
than during the preceding fiscal year.
The report shows that during the last
fiscal year there was an increase of ST.
863, 134 in the receipts from customs, an
increase of Sc ,341 1872 from internal revc-
nue. sources, and II loss Of 1907, 1923 from
the sale of public lands, making the net
increase.in the receipts So, $50, 1875.
The Treasurer reviews ut length the
various bond issues, and adds:
"1n ordinary times and under ordinary
circumstances, there is II natural flow of
gold toward the Treasury, which often is
limited only by the capacity of the Treas
ury to carry the specie. Fortunate in
deed has it been for the Treasury that
even during the most critical periods
through which the country has recently
passed, these currents of inflow have not
been altogether checked, and that where
their volume has been materially dimin-
Sshed, the loss has been partly made good
by the assistance of financial institu-
tions. In the fifteen months, ending
with September last, the Withdrawals of
gold from the Treasury in redemption of
United States notes ana Treasury notes,
amounted to the immense sum, of 1892,
9I2,205, while the net gains of gold from
all sources attained total of $50, 1873 902
"Tho public debt outstanding June
30, 1896, is shown to have been 81, 169,
Si0,323, and on June so, 1895, 81 ,G7G, :
120,0S3.'-
According TO the revised estimates Of
the department the composition and dis
| tributon of the monetary stock on June
30, 1896, is as follows:
In Treasures and mints-Gold coin
| Sll2.5S9, S74; gold bullion, $50, 102, 926;
| silver dollars, 31S, 673, 1877; fractional sill
yer coin, SO, 7o7, 05G;silv bullion, $780,
D33,05S; total metallic, 5000, OCT, 051 {;
United States notes, Sl22, 431, las; Treas
ury notes of 1890, S:}4 63S, 033: national
$500, silver certificates, 81 1862, 313;
currency certificates, 1920, 000;to paper,
| $3.50, S03,0S9; aggregate, $40, 81 040. al .
In circulation-Gold coin, $154 $685.
0G4; silver dollars, &52, 116, 904 fractional
| silver coin, $50, 204, 451; silver bullion,
! 81 1902, sos; total metallic, $j6S, 25S, 9S4;
United States notes, 1924 240, SOS; Treas
ury notes of 1890, $685. 045, PAT; national
bank notes $215,16S, 1879; gold -certifi-
Gates ~, l9S, wv; silver certificates
/ $500 657, 1911; currency certificates, $S3l,-
800 O00 total paper, 5000, 20S, 547; aggre.
! gate in circulation, 81, 507, 467, 531
: The total stock therefore is 50, 34S, $685.
/ 57l rs compared with $1,000, 704, 6SS on
June 30, 1895. Since the close of the fis-
cal year this loss has been fully recov.
cred, chiefly by the importation of pold
! The net proceeds of the national bank
notes. redeemed during the year were
Sl07 ,026, the largest amount for any
like period i'll ten years and with the eX.
ception of three years, the largest since
1879. The expense to the banks of re-
demption will be 81. IL 12 per thousand
dollars. The appendix to the report con-
tans il number of new tables, which will
| be found exceedingly valuable to persons
especially interested in the financial
affairs of the Government.