The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1904-12-07

canal and loan of $4,000, 900 to the
Louisiana ePurchase Exposition COM
pany. The latter sum has since been
reimbursed.
For the first quarter of the fiscal
year 1906 the revenues were $685.
034, 462.37, the expenditures $155,Ss1.-
e77.37, an excess OF expenditures over
receipts of s17,s5s.s15.
The deposits in national banks to
the credit Of the general fund attained
a maximum at $15s,111. 7oS.15 on De-
cember 10. 1903. Three calls were Is
sued during the year on the tdepositary
banks for the return of part Of the
public moneys deposited with them.
They responded with promptness. pay
ing back the sums required Of them,
and the balance in the banks to the
credit Of the general account at the
end of the fiscal year became $102,-
290,863.64, "a reduction of $66.820,-
84451 from the maximum balance, and
of $37.936,271.61 as compared with that
Of twelve months before.
The trust funds were $S5.015, 700
greater at the beginning of the fiscal
year 1905 than twelve months earlier,
by. reason of an increase of $85,510, 100
in gold certificates, $5,770,000 in silver
certificates, and a decrease of $685.
600 in treasury notes.
Transactions in the interest bearing
public debt resulted in a net reduce
ton in the principal Of $19,3S3,970 and
charge of $1,364.82S.30.
The national bank notes presented
for redemption during the year
amounted to $2s2.141.e3o. or SLIP per
cent of the average amount Of the
notes outstanding. Compared with
1903, this sum is $65,712.30s, or 33.45
per cent larger, and it Is the maximum
presented in any year in the history
of such redemptions.
The total stock of money in the
country at the close of the fiscal year
1904 was $2.S03. 504.135. an increase of
$11S. 7ss,14s over the preceding year.
The share Of gold, which July /. 1890,
was 44.21 per cent. became 4735 on
the same date in 1904. A large part Of
the increase in gold has settled into
the treasury vaults. Between July l,
1900. and July 1, 1904. the treasury has
gained in gold $25s.2so.s4s.s2. the total
holdings of gold on the latter date
amounting. to 1851, sss.s21.so. with a
further increase to $721.2sa, 9S7.sS on
October 81.
The extraordinary amount of $42,.
1s3,2S2S4 in foreign gold coin and
bullion and s2s.15S,s7o.31 in domestic
bullion was deposited in the mint at
San Francisco during the year AMI
paid for by the local Office or by tele-
graphic exchange on New York.
The money in circulation July 1,
1904, amounted to s2.51s,142,s60, a per
capita citculation or $so.77. The per-
-centage Of gold was 44.12ss :. ,sss.
notable fact is that, with an addi-
ton of IL per cent to the population
in the year, the increase in the circu-
lation per capita has been As per cent.
BY October l, 1904, there was a
further increase in circulation of $43,-
006.629, and. the circulation per capita
reached the maximum at $31.16, while
the share Of gold became 4403 per
cent. y H.
The domestic coinage of the minis
during the fiscal year amounted to
14S. 1883 pieces, of the value of $22s,-
02.151.55. OF this. 20S.61S,642.5o was
gold coin, exceeding the gold coinage
of any previous year in the country's
history. The soinage of standard sill
yer dollars amounted to $10,101,6 $50;
of subsidiary silver, $7,719,231. and of
minor coin. $1.762.62s.O5. The silver
dollars were all coined from bullion
purchased under the act of July IA,
1890. OF the subsidiary silver, $5,643,-
600 was likewise coined from this bull
lion.