Daily press. [volume] (Newport News, Va.) 1896-current, 1906-12-06
THE CONDITIONS OF
TREASURY DEPARTMENT
Some Interesting Facts and Fig.
ures Given In Secretary
shaw's Annual Report.
COAST LIFE SAVING SERVICE
Splendid Work Has Been Performed
BY 1t But Poor Puy is Lowering
Its F,srsonneI-ouarantlne Resu-
lations More strlnsens and Being
Enforced Better All the Time.
(By Associated Press. }

nuai report, Secretary of Treasury
Shaw. shows that the total receipts
during the past year were $7G2, 1856.
"oi.62, and the total expenditures
S736,717,5S2.O1, showing surplus of
S25.GG9,322.Gl.
The net result of the ordinary
transactions OF the Government for
the fiscal year 1906 was a surplus
or $25 669,322.G1 as compared with q
deficit of s23,004,22S.6 for the pre-
ceding year. The Understanding
nublic debt was Increased $500. and
the debt bearing no interest $685.
1920, caused by net additions OF
lawful money to the national bank
note redemption fund. The increase
OF the debt proper was $40 165, $500.
The trust funds increased $52.3SO.-
800, and amounted to 1904 GAS, 1863
at the close of the fiscal year 1906.
There was an increase OF $186, SG6.-
72T In the monetary stock of the
country during the last fiscal year
The growth in gold was $l1S 05O.777,
In silver $5.450,39G, and In nationals.
urS notes declined S2.027 900.
The money In circulation July
1906, amounted to S2.73G,646,62S. n
per capita circulation of s32.32. by
October | the total circulation had
Increased to s2,Sl2,133694 or S33 .0S
per capita 1876 per cent of this
amount being gold.
The Treasury holdings OF goll
at the close OF the last fiscal year
was $S07 ,05l 5000. BY October is
this increased to SS7l 1893 S99.77. the
largest amount of the precious metal
ever held I'm the Traovury
The United States paper currency
issued during the fiscal year 1905
amounted to 9,896, 900. and the
redemptions were S577,445 100: gold
certificates Increased S42, 269, 800, sill.
vcr certificates S12,20SO0O, while
Treasury notes decreased $2O27. 900.
The average cost of each piece of
United States paper currency issued
and redeemed was 1871 cents, and
tho annual cost of maintenance of
the currency issued by the National
Government averages about one-fifth
OF one per cent of the amount out
standing. T
Condition of National Banks. q
The latest returns of national banks
made to the Comptroller of the Cur
rency, exhibit conditions on Sept 4,
1aOG, on which date there were in
operation 6,137 associations with
paid-in capital stock of $685., O66,-
7?6 and surplus and other profits
of $670,Sl4,9Sl. The surplus proper
WAS S490,245,124, which is nearly
three times the amount required to
be accumulated and maintained under
the law. The surplus and "other un-
divided profits" amount to over 80
per cent of the paid-in capital.
or the total liabilities Of the banks,
namely. sS.O16 OBJ ,066, over one half
or $4,199,93S, $40, is represented by
individual deposits. The deposits to
credit OF banks amounted to $685.
o01 Ago. and to the credit of the
United States and disbursing officers
Of the Government SLOT S3l,S14.
The principal items of resources
of the banks were as follows: Loans
ana discounts, $4,29S, 983.316; United
States bonds. $62S,796,71O: other
bonds and securities, $701,240,755;
specie $464,437.29l (of which 1868,
S+J,25G represents gold and gold GER
tificates), and legal tenders s161 575,-
1870. II
National Quarantine Service.
The inspection. detention, and dis
infection, when necessary, of all yes.
oSiS w nave UGeI COu-
tinued at 40 national domestic quar-.
Gulf, and Pacific coasts of the United
States. During the fiscal year 5,957
vessels have been inspected and
6S7 disinfected. National quarantine
has been maintained at stations in
the ports of Porto Rico, in Hawaii,
and In the Philippines.
Surveillance MDnn tho Conod{an
and Mexican borders has been main
tanned to prevent the Introduction
overland of the Quarantineable di.
SeaSeS.
Medical officers have been station
Ell at Havana, Matanzas and Cienfu-
egos, Cuba; at fruit ports in Cen.
trail America; at Vera Cruz and Pro-
greso in Mexico; at Guyaquil, Ecua-
dor; Callao, Peru; and at Colon.
Panama. These officers have contin-
ued to exercise supervision over out
going vessels bound for the United
States and its insular possessions
md dependencies.
Under the act Of congress approved
June 10, 1906, overtures have been
made for the purchase from state
OF the quarantine plants
at ports where quarantine Is neces-
sary to prevent the introduction of
yellow fever namely: Galveston and
other ports In Texas: Mississippi
River Quarantine Station in Louisiana
Mobile in Alabama, and Charleston
and other stations in South Carolina.
The negotiations In most cases are
still pending. South Carolina hav
Ing by an act of legislature last
winter provided for the transfer of
her guarantees to the United States.
the property of the state has been
leased and the National Government