The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-01-03
UNCLE SANS FINANCES
HIS BOOKS SHOW SURPRISES FOR
DECEMBER AND THE YEAR.
Debt Also Materially Reduced-In-
come from Customs and Revenue
Circulation and Mint Reports.

WASHINGTON, Jan. 1.-The monthly
comparative statement of the government
receipts and expenditures shows that for
the month of December, 1901, the total re-
ceipts were $47,061 1854, which Is an increase
as compared with December, 1900, of $215.-
456. The expenditures for the month
amounted to $37, 31S. s9S. which leaves a sur
plus for the month of SO, 1925 $50. The ex-
penditures for the month were nearly
$3,coO,Oco less than for December of 1900. The
surplus for the first six months of the pres
ent fiscal year is approximately SIS. 900, O00.
The receipts from customs dues the last
month amounted to $21, 039, s27, as mpar
with SIS, 496, 634 for the corresponding month
last year; from internal revenue, So. 94.575.
as against go, 26o. SOB for December, 1900, and
from miscellaneous sources $~2,S27,561 as
against $3,0S9, 179 for December, 1900. The
expenditures charged to the War Depart
ment last month show a decrease Of s.. 20o,-
600, and in the amount charged to the navy
an increase of $4,000 is shown. An in
crease of $751; 900 is shown in the amount Of
pensions paid.
The monthly statement of the public debt
issued to-day shows that at the close of
business on Dec. 81, 1901, the national debt,
less CASH IN the treasury amounted TO
81, oil, 62S, 2S6, a decrease for the month of
1858, 1872. The debt is recapitulated as fol-
lows:
Understanding debt.............. s94S, 279, 2O3
Debt on which interest has
ceased since maturity ........... 1888, 100
Debt bearing no nterest......... 3SS. 612, SOB
Total 81, 1873, 231, 564
This amount, however, does not include
$S11, ASS, 0S9 in certificates and treasury notes
outstanding, which are offset by an equal
amount of cash on hand which is held for
their redemption. The cash in the treasury
is classified as follows:
Gold reserve und-.-........... S150,O00,0o0
trust ll,46S,0 S9
General las. SIC. 09S
In national bank repositories. ll2, 653' 534
Total 81, 219, 631, III
Against which there are demand liabili-
ties outstanding amounting TO SS9S, 02S, AS,
which leaves a cash balance on hand of
1921, 603,2 7S. There was an increase for the
month of $4,592,613 in the amount of cash
on hand.
A comparative statement of the receipts
under the war revenue act of June IL, 1898.
and the war revenue reduction act of
March 2. 1901, shows that the former act
produced between July l, 1900, and Nov. 30.
1900, SAC, &c. 30S. The revenue reduction act
of the latter date produced in the CORE
spending period in 1901, so. 429, e42, a de-
crease of ST, 1873, 666.
The monthly circulation statement of the
controller of the currency shows that at
the close OF the year 1901 the circulation of
national bank notes was $3.50, 2S9, 726, an in
crease as compared with Dec. 81, 1900. of
$40. 14S.55l and an increase for the month of
1868, OILS. The circulation based on United
States bonds amounted TO 1926. O09. 306. an in
crease for the year of SIS. ia. go, and a de-
crease for the month of 81, POP, $50. The cir
culatiOn secured by lawful money amount
ed TO $35. $50, 420. an increase for the year of
50. 49,. 9l9, and an increase for the month of
81. al, $50. The amount OF United States
registered bonds on deposit TO secure circu-
lating notes was $326. $50. $50, and TO secure
public deposits, Sl1O, S44, 60.
The monthly statement of the director
of the mint shows the coinage executed at
the minis of the United States during De-
cember, 1901. 10 have been 81, 649, 321, as fol-
lows:
1Olu $lZ, JO9, 3Zl
silver l,yb6,5l4
Minor COINS 3l3, 100
The total coinage for the calendar year
ended on Dec. 81, 1901, was $l34. 693. 40. OF
which SlO1. ISIS was gold, $50, S3S, 40 was
silver and s., 40. l22 was in minor coins. OF
the years coinage 81, $3.50 were In double
eagles. $46,036. l0 in eagles. $21. 800, 200 in half
eagles and SOS. 307 in quarter eagles. OF the
silver coined So. 566.S13 were I'm standard
dollars, S.1l9.92S In half dollars. 81, 64e. 3O6 I'm
quarters and $780,. $50 in dimes. There were
also coined $1,324,0l0 in nickels and $3.50. III
In cents.