The herald., 1898-02-02
MONTHLY STATEMENT
OF CONDITION OF NATIONAL
FINANCES
The January Increase Of Debt Amounts
to Something More Than Twelve
Million Dollars

WASHINGTON, Feb. 1.-The monthly
statement of the public debt issued to-
day shows that at the close of business
yesterday the debt less cash in the
| treasury amounted to $1,011, 701 ,3SS, an
increase for the month of $12.5S9,771.
This increase is accounted for by the de-
crease In the amount of cash on hand.
The debt is recapitulated as follows:
Interest bearing debt, $647. 1895. $40; debt
on which interest has ceased since ma
turity, $1,32S,540; debt bearing no inter-
est $SS6,sIS,774: total. $1,2S5, ,57s.124
This amount, however, does not in
clude $5S1,213.933 in certificates and
treasury notes outstanding, which are
offset by an equal amount of cash in
the treasury. The treasury cash is clas-
sified as follows: 81
Gold. 5000, 1,551: silver, $510, 0,616, ,160;
paper. 800, ASP, 096; bonds, deposits In
national banks. disbursing officers, bal
ances ETC.. SAL ,199; total sS5S.I9s,-
00S. against which there are demand
liabilities outstanding amounting to
| $629. 1926. 900, leaving net cash balance.
including the gold reserve, of $223,
871,7S6. a.
THE BALANCE SHEET
WASHINGTON Feb. 1.-The monthly
| comparative statement of the govern
| ment receipts and Expenditures shows
| that for the month of January the re.
ceipts aggregated $37 1888, ,623, and the ex-
penditures $3s, 500, III. leaving a surplus
for the month OF $636,917. The miscel-
laneous receipts for January include
| S8,53s.40 received during the month
from the sale Of the Union Pacific road.
Excluding this item, the receipts amount
to $2S,775,222. leaving deficit for the
| month of $7,901,4 Deducting also the
payments during November and De-,
cember on account of Pacific railroad
| Indebtedness. amounting to $40. .909, 1922 in
receipts and IS, 449. 36S In expenditures, the
receipts and expenditures since July 1,
1897, amount to $1S7 .537.S7S and $239, 49,
| POI, respectively showing a deficit of
| $51, ,891, ,S23.
The receipts from customs during
January amounted to $14,269,492. a gain
as compared with January, 1897. Of
about S3,O00,000. The internal revenue
receipts also showed a gain of over
S1.300,000 for the month. Since July |,
the government has paid out on pension
account nearly $50, 900, 900.
The present net gold balance in the
| treasury is the largest since August,
1890. This accumulation becomes some
what burdensome, and for some time
past the government has not encouraged
| its deposit. Recently, however, treasury
notes and silver have been coming in in
large quantities. and the situation Is
consequently relieved. The uncovered
silver in the treasury, having served q
purpose in the fall trade. is now being
| returned, and during the last few weeks
the supply has increased from $530,000
| to $4,S71,000.
During the same time the stock Of
treasury notes has increased from
81, ,OOo. 900 to s3.5s2.oOO. The receipts from
customs and internal revenue sources
are both very encouraging to the OFF,
cials, and, altogether the treasury site
uation is regarded as entirely satisfac-
| tory.
The monthly statement of the director
of the mint shows the total coinage at
the United States mints during January.
1898, was $5.129,010. as follows: Gold,
SO, ,340, 900; silver. 1924, 900; minor coins,
sS50,015. The coinage of standard silver
dollars during the month amounted to
81, ,250, 900.