The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-11-12

The Treasurer of the United States, in
submitting to Secretary Gage the annual
report on the operations and condition
of the Treasury, remarks that the growth
and prosperity or the country ard the
general activity OF business are reflected
in the transactions Of his office. The net
ordinary revenues of the Government for
the fiscal year were S567.249sS52, the
largest in the history Of the country,
exceeding those of 1856. the next highest,
by 81, 29l, 2sS. The increase Of $51, ESQ.,
2S2 over the preceding year was contrib
uted to from all the general sources. but
chiefly. of course. from customs and in
ternai revenue
On the side OF the expenditures there
was a net decrease OF StI7 1855. in
comparison with 1899. SO that the def
cheney of sSs, III, 5ee for that year was
converted into surplus of SIS, $4,000 n
1900 The gross receipts under warrant,
including those on account of the pu0iic
debt, were 81, 3S7, 2e9, 262, and the dis
bursements 81, 49,, 94s, Az, a large increase
en- both sides over the previous year.
With the exception CT July, 1888, when
there was a deficiency Of s., sol, So, a sur
plus was realized for every month Of the
year. the one for June being the largest,
at 81. $50, I59 The largest receipts for
single day were 50, 199, 513, February 70,
1900, and the largest expenditures 1885,
eco July 3. 1900. The largest surplus on
any one day was 81, o., 1856, August %, and
the largest deficiency, s., 31S,G2, July .,
1899.
Besides the reserve fund, the trust funds,
consisting OF gold coin. silver dollars, aid
bullion and United States notes held Tor
the redemption of certificates and Treasury
notes. amounted On the day the Currency
bill of the last Congress became law to
$40. 062. ZS3. and increased by November l,
1869. TO $740 500, e79.
Exclusive OF the reserve fund the aTaila-
bic cash balance OF the Treasury vas great
CT June 50, 1860, by 81, SS9 ,1S3 than II the
same date IN 1899, but this gain was partly
Offset by a decrease CT IS, 663-273 in the next
ensuing quarter The cash assets beyond
liabilities were SIS. 723. or, June 80, 1893;
S5e. 81, 5G2, June so. 1900; and 81, 1S3. $50,
October l, 1867
The exchange Of . per cents, the old 4
per cents, and the new s per cents FOR :
Per cent consoIs, under the provisionz OF
the financial act has proceeded ste adlfy-
The total amount Of the exchangeabie Sc
curities outstanding was $3.50, 145,3f0, and
by June 30. $50. pa. $50. OF 53.6 per cent, Of
IHCIl. UGa tEtH NSs4NfEtSO 10 me AteN~
rs The premiums allowed under the pro-
visions Of the law amounted to $50. "a. 552,
and in the transactions S30, 404, $50 was paid
oft CT the Treasury, after the adjustments
Of interest and some other accounts. The
saving of interest effected by the operation
is placed at 42.592.T71. and the net saving
at IS, 604, BIZ On October 1. out Of S296,-
755, 130 in bonds held by the Treasurer as
security for the circulating notes Of na-
S9e2 f-1 lnG
The aggregate amount OF money OF all
kinds in circulation on October l. 1900, is
estimated at $2.1I3, Pa $50. an increase of
SISG. SO, IA in fifteen months. of which sd. =
AZ, 93G was due to the enlarged use OF gold
and gold certificates The sncTease per
capita was from $25.2S 10 S2E0I- The per
capita OF gold at the latter date was 1880,
which IS greater than that Of all The cur
Tency in 1862, while the total OF gold is
greater than all the circulation a any time
previous TO July, 1879.
The act of March II strengthened the
guarantee for the maintenance of the
gold standard, both in providing for the
setting apart of a reserve fund. and IN
adding one-haIf to the 800 eco geo which.
in the practice of the department. was for
merly maintained without specific statu-
tory requirement The ratio Of the reserve
TO the fixed volume Of United States rotes
was raised from 2S-S5 to 1927 per cent
The Inffnw OF gold in consequence Of ma
teFial conditions, prominent among which
IS a favorable trade balance averaging
1858, 2SS, zee IN the last three years, viii
also cooperate with The state.
The amount of paper currency stamped
with the seal OF the department and pre-
pared for issue during the year ended with
September, 1900, was $523. 192. CO. against
1852, as, zoe in the year preceding The re-
demptions Of worn material were $685.
2I9. S24 in the later period and $255, or. $50
in the earlier The increasing demand
for notes of small denominations have
been 50 heavy and so fully met BIZ the
department that. taking into account the
gold coin of the estimated total circula-
ton of 81. 115, 294 $50, On October 1, only
| S426, 045. 922 was in denominations larger
I than 500