The Aberdeen Democrat. (Aberdeen, South Dakota) 1???-1909, 1903-07-10
SHOWS LARGE 5I3l|
Annual Statement of upjt., :.
Treasury Gives Some 1n+s y
estine Statistics.
SITUATION At CLOSE OF fIscu i
After Payins All Expen.
mains s52,51o,soo-rS.I There
stored In Government s, sola y
ano.nt. to +es1.ese, so s.'ons
Receipts Increase. ~-custd

Washington, July 1,-rho
surplus Of $50. 71o, 500 IN ~, here wa,
at the end Of the asoa, 'ne treasd
closed yesterday, notwtths year VIII
repeal of the war taxes. Theg
States government now lne Unfit
vaults more gold than anv nas IN
ton on earth. "Ds Other
The receipts of the year Nov.
SS7,626, and the, disbursam were sss
17e,5so. The amount Of ro1d ! $50
treasury is 1851, e39, 1893, ineludin III y
against which gold certiso.tnuus ~
been issued and the s1sn ooe nay
gold reserve fund. '0V'VVV
Surplus a Surprise
The large amount of the surn,u.
unexpected. At the beginning 'q ~ "
fiscal year it was anticipated th VI
reduction of internal revenue sua' y
the repealing of the war taya ssH nss,'
be s75.ooo,0 600, whereas the aetna. I1 ~
was only Sal, 7e4,s ee. Owing ~ ~
enormous importation of nart1v y
featured goods the customs ra uala
were greater than those of ,ost ="
by SIS, 434, 791. last yea}
There was an increase of 90 o., a.
In taxes paid on whisky, and tbe y,
ceipts from miscellaneous souras
were $S,727,14s greater than last 'S rs.'
the increase being due to pbenomon.
sales of public lands in the west
Receipts and Expenditure.
The sources of the receints wo,,,
Customs, $3.50, Ss1, 71s; internal rsv.
enue, $780, ,256; miscellaneous IA
8S0, s '''1
The items Of expenditure were. Civil
and miscellaneous, s125, o1s512. IN
crease, s11, $40, 1888. War Gnc]udins!
river and harbors), Sis, 54o,6ss. in.
crease, $6,277,46S. Navy, 49,, sss s3.
increase, 1 1893, 674. Indians, ST..
S31, 1856; increase, s2,ss1,e 71. Pen.
sions, $138,425, 618; decrease, sc2gp
Interest, $2s,556 ,61s; decrease, SSH.
427. Total, $500, JIG, 500; increase, sA.
9s5,732.
Available cash balance in treasury
at close of business to-day was $751;.
545.012, a gain of $19,357, 651.
Work of the Mints.
During the fiscal year the minis Of
the United States coined 2O5, 49,, 1852
pieces, of which 1882 1924 were pesos
and various denominations of centavos
for the Philippines; 100000 were for
the government of Venezuela and
100000 for Colombia. The total
value of American coins executed was
$74, 203, 900. against 1914, 526,67S in the
previous year.
National Banks. .
The circulation of the national
banks at the close of business yester.
day aggregated SAB, 67O,65o. being an
increase of $56, 1898, 559 over the pre-.
vious year. Five hundred and thirty
seven new banks began business in
the IL months just closed, being al
increase of more than 100 over thost
for the previous year. The numbs
of national banks which failed durln:
the year was five, and u went init
voluntary liquidation. A majority
those which went into liquidation
were merely consultations with othe
banks.
Money i'm Circulation.
The total money in circulation j
the United States is 75,943,3337, be
ing Al increase during the last yea
Of $126, 532,786. Gold certificate
alone furnished " 1857, $50 of this IN
crease, the total amount of these note
outstanding being $409, 109, 1863.
The amount of public money ct
posted with the national banks
$151, 724,432. being an increase OF ~ y.
TAI, 1865 during the last IL months ~
number of repositories increased lfo'
574 to ITO.
Bonds Refunded.
Under the offer of the secretary
the treasury, made on March ~ las
to refund 500, DOC, 900 of short ter
three and four per cent. bonds IN =,
change for new two per cents. 90
793, 800 Of four per cents OF lso' a, ~
$14,4O8, 600 Of three per cents OF -
had been exchanged up to yesteroa
when the offer was withdrawn
Severe Windstorm in Wfscon
La Crosse. Wis, July la sou SOW;
windstorm, followed by a flood Oh 20,
VI II no-ln MS0l0I