The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-10-16
QUARTERLY BALANCE SHEET OF
THE GOVERNMENT
ANrI-C0MPACT LEGISLATION
Probable Consolidation of Bottle Fac
torie-Mexican Silver Exports.
To Increase Immigration
OFFICE OF THE HERALD,

Los Angeles, OCT. 10, 1888.
with an average expenditure amounting
TO over 81 600 900 and receipts averag ing less
than $4O0,000 a day since the beginning Of
the fiscal year, no other result could be
looked for than that disclose ed by the treas
ury statistics OF revenue and expenditure.
namely. a deficit both for the month of
September and the quarter ending there
with. The receipts for the month amount
ed to .$39 ,O7O, decrease of over 81 $50 600
as compared with those for the month OF
August. but an increase of nearly SIS, 100 0C0
as compa red with those for the correspond
ing month of last year. The expenditures
Cor the month amounted to $54 223 .92l which
represents a decrease of over ~ 10000 as
compared with the preceding month but
an increase Of over $2S, SOC, 900 az compared
with the corresponding month OF last year.
As will be seen. the deficit for the month
amounted to over $14,00000O.
For the quarter ending with September
the government receipts amounted to $125,-
4O7 1885, which represents an increase Of
ever 900 as compared with the cor
responding quarter of the last fiscal year.
All the items of receipts showed increases.
but the most marked IN that respect was
internal revenue. which showed an increase
of over sos 900 900. Customs receipts also
showed a gain of some proportions. the In
crease amounting to over $l6,S00.O0O Mis-
cellaneous receipts showed gain amount
Ing to a little over 81 600 900. The expend-
lures for the quarter amounted to $1&14S.-
ia, which represented an increase Of near
ly $15 700 600 as compared with the CORE
spending period of the last fiscal year. or
the changes in the Items the most notable
were naturally the increases on account
of the war and navy department. The in
crease on account OF the war department
amounted to over $63 900. 900. while that In
the expenditures on account OF the navy
amounted to over $13 100000 Expendi-
lures on civil and miscellaneous account
showed a decrease of little over 81 800 900.
while those on account Of the Indians eN-
hib!ted an increase OF little over $1S,oO0.
A decrease of a little over SO, coo 900 in pen
sion payments was not quite counterbal-
anced by an increase of over 81, 500 900 un-
der the head Of interest.
AS will be seen by comparing them. says
Bradstreet's, the figures above given show
an excess of expenditures over receipts
amounting to over $59. 800 900 for the three
months ending with September. For the
corresponding period of last year the ex-
cess on the same side was considerably less.
amounting to only little over 500 COO .000,
The explana ton of the increase les. of
course. upon the surface. being found In
the expense of conducting the military and
naval operations against Spain. which was
not Offset by the increased receipts pro-
vided by the war revenue bill. The govern
ment's cash balance continues to show an
Increase. The net cash balance, exclu-
s.ve " the gold reserve amounted
to over $2O7 557 ,5OS52 on September 30,
an increase of $1,000 1882 for the
month. The free gold in the treas
ury amounted to $243 297 SAB. which repre-
sents a gain of over s25. 900 for the
month.