Omaha daily bee., 1899-12-06

Sl'OcOOOO0OO cur imports and exports com
blhed In 1870. The imports per capita are
~ per cent less than in 1870, while the cX-
ports per capita are 5S per cent more than
IN 1870 showing the enlarged capacity Of
the United States to satisfy the wants III us
own Increasing population as well as "a
contribute to those Of the peoples of other
atoms.
Exports of agricultural products were
$1S4,06l42 OF manufactured products we
exported in value S339. 9.592. .146, being larger
than any previous year. 1t is a noteworthy
fact that the only years in all our history
when the products of our manufactures
sold abroad exceeded those bought abroad
were 1898 and 1899
Receipts ANA Expenditures.
Government receipts from all sources tor
the fiscal year ended June 80, 1899. includ-
ing S11 79S,S1414. part payment OF the Cen
tral Pacific railroad indebtedness, aggre-
gated s6iO, ,9S2, ,OO4S5. Customs receipts were
$206, ,12S, ,4sl.75 and those from internal reve-
nue. $273, ,437, ,161. 81
For the fiscal year the expenditures we're
500, O93,564.O2 leaving deficit OF $S9,-
III ,559.67.
The secretary of the treasury estimates
that the receipts for the current fiscal year
will aggregate s64O,95S.112 and upon the
basis of present appropriations the expendi-
tures will aggregate 5000 $685. 112, leaving a
surplus of $40 900, 900.
For the fiscal year ended June 30 1899
the internal revenue receipts were increased
about s1OO,OOOOOO
The present gratifying strength of the
treasury is shown by the fact that on De-
cembor 1. 1893. the available cash balance
was S27S 004 S37.72. of which $685. 744 9O5. .36
was in gold coin and bullion. The conditions
of confidence which prevail throughout the
country have brought gold into more gem
eral use and customs receipts are now al
most entirely paid in that coin.
Surplus for Current Year.
The strong condition of the treasury with
respect to cash on hand AMI the favorable
showing made by the revenues have made it
possible for the secretary nf the treasury
to take action under the provisions az sec
tion 1894, Revised Statutes, relating to
the sinking fund. Receipts exceeded ex-
pendtures for the first five months Of the
current fiscal year by $12,413 3S9.0l, and, as
mentioned above, the secretary of the treas
ury estimates that there will be surplus
OF approximately SAC, 900, 900 at the end Of
the year. Undei sMch conditions /, was
deemed advisable and proper - res ,:ne ccnl-
pliance with the prnJistonJ Of the sinking
fund law which for eight years has not
been done 5ectu+H O: deficiencies in tie
revenues. The Treasury department there
fore offered to purchase during November
s25, 900 of the ; per cent loan of 1904
or the per cent funded loan Of 1907 at the
current market price. The amount offerel
and purchased during November wa2 49,
4OS,6O0. The premium paid by the
government such purchases was
S2,263,521 and the net saving in
interest was about S2.9S5. 900. The success
of this operation wds sufficient to induce the
government to continue the offer to par
chase bonds to and including the 23d day
of December, instant, unless the remainder
Of the s25,00O,OoO called for should be pre-
sented in the meantime co.: redemption