New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-08-03
TREASURY STATEMENTS.
A DEFICIT OF s11,O73,544 IN JULY.
IT Is ACCOUNTED FOR BY THE UNI "'
HEAVY DISH RS EMENTS-COSDfTION OF '"''
adm, ~, ,rp, ,upcrI ALTON AND COINAGE

TT X ACCOUNTED FOR BY THE UNI AM"
HEAVY pIsBI'Rs EMENTS-COSDrTIoN OF THE
p,.pr ~ pEpT-CIECI LATION AND COINAGE
y,shineton Aue 1.-The monthly comparative
statement of the Governments receipts ana eN
penditures for the month Of July SHOWS the 'o'"
receipts to have been $39O2I,38i ana inc u'spui'e
mcnts $50 100 9Os lea wing The excess or eNpeu''o
over receipts sll073.54 This deficit Is accouh'e"
for by abnormaily heavy expenditures incident 10
the beginning Of the new fiscal year AS compare"
with June the receipts were increased by 2HZoeo
and the disbursements by $7166,2it The foiiow-
ing statement shows some Of the more important
items of unusual expenditure In excess OF June
payments which became payable In July;
Monongahela River Improvements. go , "S
tensions ''''''''' a 800 OOO
Deficiency in postal revenues ............. $1,000
agricultural colleges .........' .v
Bounty on sugar Do 'sc
Paw Subsistence ETC. Of the Army ......... 100000
As compared with July 1896, the receipts in the
last month were increased by about slooo,w ana
the disbursements by about 50 ooO,GO0 Last month
the receipts from customs amounted TO slo'966so
an increase as compared with July 1896, of about
81 O0DOOg The internal revenue in July Welded
$40 7g7 Ss1 as compared with sl3O2 532 for July, 1896
The monthly statement OF the public debt issued
to-day shows that the debt. less cash in the Treas
ury at the close Of business July 81, was $685.
$40 an increase In the month of s6790,5Go which
cash in the Treasury. This decrease is in conse-
qucnce Of exceptionally heavy Disbursements The
debt independent Of the cash. was decreased by
s33o.6lO The debt is recapitulated as follows:
DEBIT on whe Interest '%e has ceased since
rty 81 2eI 10
Total 81 226 49, 102
This however does rot include Ss53,s53 in GER
t1cates and Treasury notes outstanding. which Is
offset by equal amount Of cash in the Treasury.
The cash is classified follows:
silver ~ 80 LIZ
Bonds. discussing officers balances etc...... isi53,s22
Total ........ 1851, 1851. O2
Against this there demand liabilities out
standing amounting TO ss34.si5476. which leaves the
net cash balance in the Treasury s233ol6.ij6.
The monthly statement OF the Controller of the
Currency shows that the total circulation of Ma
tonal bank notes July 81, 1897 $780, 936,
Increase compared with July 81, 1896. of 81
SG.lSl, and decrease as compared with June 30.
49,. OF s597 100. The circulation based United
States bonds was s26,i9ss5s. an increase for the
s1sl.SS2 The circulation secured by lawful money
AMOUNTED to s2i25s.sso an increase for the Of
The amount OF registere, United st.tes bonds %. on
and to secure public deposits. ss.7soSo
The month"; sta,ement issued BY the Director OF
e.utcd at the United states mints amounted to
minor coins SS3 $50 No standard silver dollars
coined 1t is said, however. that there is no
significance in this fact. All the minis closed
from fifteen twenty days in July for repairs to
machinery and the annual overhauIing ana in con-
sequence the coinage was unusually light; In ex-
PLANTATION of the fact that standard dollars were
coined II is said that the supply on hand Is suff-
cent for all needs. and further that the stock of
minor coins has run extremely low. In order TO
the minis were occupied in coming subsidiary sill
YER and probably will continue through the
month Of August. In addition there has accumu-
lated a large stock OF uncurrent subsidiary silver
which must be reconed as promptly as possible
at San Francisco. which now amounts TO about
s4j000C0 will he worked of as rapidly az the
standard silver dollars probably will be resumed
about September l.