The Washington times., 1903-07-01
TREASURY STATISTICS
FOR THE FISCAL YEAR
Revenues From All Sources
S55S, SS7, ,526

The principal statistics of Treasury
Department operations for the fiscal
year Just closed have been made public
by Assistant Secretary Keep. showing
the following:
Revenues from all sources. S55S. .sS7. .5e6,
made up of customs. $3.50. .se1. .719; in
ternal revenue. S220. 1896; miscel-
lareous sources, 81, $50, ,551.
The expenditures for the year were
$5O6, 6,17G,590, as follows: Civil and mis-
celianeous. s125.O16.S12; war dncluding
rivers and harbors). Sis. .549. $50: navy
SS2 .696,S0S; Indians, S12, ,931 $50: pensions.
S13S, ,425,61S; interest. $2S. .556, SIS. The
surplus for the year is $50. .71O. .93s. In
comparison with the previous fiscal
year the revenues show a decrease of
$500. 70T, and expenditures an increase
o. S34.9S5.732. The surplus shows a de-
crease of s3s.576.439. The revenues
from customs increased S29. Az, ,01O The
Internal revenue receipts decreased Sal. =
IC4 ,S66, due wholly to the operation of
the war revenue repeal act The mis-
ccllaneOus receipts increased s,727149
More than half of this increase is due to
larger sales of public lands The sur
plus for 1903 is 80. 40. .936 greater ;han
was estimated. These figures 10 not
irclude the revenues and expenditures
ce the postal service
The available cash in the Treasury
yesterday was s231.545. .O12. an increase Of
$1S.S57 ,651 over the cash in the Treas
Try at the corresponding date in 1902
The total amount OF gold in the Treas
ury on June 30, 1903. was 1851. .639. .995. /.
an increase of 81, ,4S9 .59s over 1902 Ths
outstanding gold certificates, less tho
amount of same in the Treasury. on
June 30. 1903. were 1919. .356. .7s9. an in
crease Of s72, ,957. .7sO over the net amount
in circulation at the beginning OF the
| year. The Treasury notes of 1890. which
amounted to $4,000. 900 at the beginnicg
of the fiscal year, have by the coinage
of silver bullion into standard silver
dollars and subsidiary silver. been re-
| duced TO SIS, ,243 900. The amount OF pub
/ lie moneys held by national bank de-
/ positaries on June 30, 1902, was S123.-
| 9S3,o6 and on June 80. 1903. s151. .724 .432.
/ .JD
The number of depositaries on June 90.
1903, is 10, an increase OF 136 for the
year.
| Under the provisions OF the Secretary's
offer OF March 26, 1903, the amount of
bonds refunded up to close of business
yesterday was S74. .2O2. 400. In enecting
this exchange the Government has paid
| ont 90 Dol O24 in cash for adtuGtna1t Of
premiums and accrued interest. and the
annual interest charge on the interest
bearing debt of the United States has
been reduced 81. 1888. .962. Bonds to The
amount Of S1O.52s 900 have been pur-
chased during the year for the sinking
fund. reducing the annual interest
charge by 1861. 4S7.
The total circulation of national banks
on June go. 1903, was s413, $50 $50. The
increase for the year was s55, $685. $50.
The Comptroller OF the Currency re-
ports 537 new national banks organized
during the past fiscal year. or these
339 have a capital OF S25. 900 each ap-
proximately, in towns having a popula-
ticn Of less than 1900. About ~ per
cent OF such banks are not strictly new
| financial institutions. but conversions
or reorganizations under the national
bank laws of State and private banks
already in existence Five national
banks have failed and seventy-two have
gone into voluntary liquidation. This is
a slight increase over the record OF the
1902 fiscal year.