The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-12-09
sSsere4 IF the IA reasury8 Shaw Flies
ssti5pal B Rep Reeeipts
Decrease and III s5S
E7anafpa lana Paynent Makes I'm
Usual erease III, a Expe NJ
sVASFiINGTl
].

he expendit for
ttie saIne period we're 8$7 25,9S4,945.6
loWfng defci Of s. 1,77o, q 81
$50 s00o. 600 was paid
ne year for8 the right OF way
sanama6c canal.
eu1pared MI Oh he fiscalyear 1903,
hs 81 41 904a decreased s1o,-
$50 1'heFe was an increase
ex pendltures.
The Revenues OF The goyenmen for
s7aGs4 600 70. The exped1tures
p6es 12ss $:sh lowing adefcit of
s,9ees 600.
MATED that upon the basis
g revenues of the
nInent Che fiscal year 1906
725y59Q, 81 The total esti-
nat anpropriatIon forMthe same
io9 1872 0 g Ga 21 y showing an
plus Of So 1880, 4 47.79. \
Cash Balance Less.
fable cash balance In the
ul1e $ Oh was E$172, I
icht IS less by S66,63I.-
the balance on June 80
Pananl a canal paym ents,
ehange IN III ratioIof the reve-
expend ltures contributed
4.
receipt for the fiscal year.
100 900 less than IN the
f,iaSteus " lille there was
be- duction$ during The early
BInoll1h apresent fiscal year;
rsceIbts are now increasing, and
ersaiasna az reason to believe the rev
enaes year from this source
less than in i 9 OF. The fall
o. over that OF the pre-
Efe,sls EearsSsWas due more largely. to
alsnorng condit tons in 1903 than toll
spfessi ion Sd ~ a 80 There was coll
Iacteds for stance. the duties on
teel and manufactures
hereof 900 900 during 1908, and
700 90 during. the last fiscal
year his difference5is accounted for
i'm excess ofs the capacity of.
rican actories during the former
CHI is not likely TO be re
Revenues Fall Off.
other causes contributed to
sathesfall lness off of customs revenues in
"a t$Ss the "a bolition of the war
ST on tea, which caused a loss of
yer%$2.0o0 ,000;55s second, the abolition
the counteryaling duty on sugar,
1ich$ resulted in an estimated reduc-
ion Of over 100000: third, the reci-
Sssprocit treaty with Cuba, which caus-
ed loss of the customs&ra revenues OF
fhe United States estimated at So
1000 ON sugar3and $2,215,OO0 on TO-
ssbaceo
also worthy of note that there
4 been a constant in crease in the
relatiYe proportion ofSfree over du-
stia be goods The total imports of
SInerchandis during October, 19O4,
wa ssa title over So, 100000. as
against little less than $4,000, O0C l.
int same month of the preceding
year but practically this entire in
GREASE wa 81 in free imports. During
18th esSS first ten months of the PRESENT.
ga esndar year free imports increas- I
sssed#=5n round numbers $4,000, 900 Il
whit Will dutiable Imports decreased S26.-
5000
Sell herss8Was an apparent net5increase
in rlfnary expenditures of s76,3o3-
s331s butEthis Includes the paymen
Panama canal and a loan of $4,GOO.00o t
stosthe8 Louisiana Purchase Exposition
SCompan y The latter sum has since |
Sbeen%reimbursed "a +
Bank Notes Redeemed.
s5 The national bank notes presented
Tor red emption during the year
amounted an to s2G2,141, $50. OF. G1.12 per
cent: for the average amount of the
notes notes outstanding Compared with
a 1909! 903 tthissum is $G5,712.3O9. or 33.45
pera$sc ent-l anger. and it is the maxi
nun presented in any year in the his. I
tory Of such redemptions
ss$55s heestotal stock of money in the
country at the close of the fiscal year
u was S2.S03,5o4,1 35, an Increase a
sofss sl1s, 80 Il over the preceding
year 2
money in circulation July i, n
81 0S4s3sa mounted to $3.50 JAP $50,
pet Pa capita circulation of sSo.77. The v
spercentag es OF gold was 44.12:
notable fact is that, with an addi-
" lion OF III RpeE cent o the 9pop11 Ia ton