Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-11-28
CERTIFICATES U.s.,
Of Of INDEBTEDNESS
descriptions offered TO Public
Wa :, Circular Of Nov. 3D.
1907 Are Closed.
.o.,vrss MUCH IMPROVED
secretary Of Treasury
NAV not Extend Allotme"'s
Further.

....,,,r.aa. Nov. Clowns to the ,
N's......, of subscriptions received
"" -.,ar of the treasury 'ate TO-
tse ''....s5 that the subscription
DAY NJ, .s7t certificates OF indebt-
u Of the act Of june Is isso'
'an'', s ,r the circular Of Nov. Is l'O''
invite s,d that no subscription re-
Il ','. ,... the close OF business NOV
s..g w n considered. The several as
,rt ueasurers OF the United s'a.' ''
'.a' s.s, irrructed not 10 accept any
ur,hor offers a., h,s,ness
IN. decided Improvement III Ous i"'...
a,,,,s throughout the country
- -. 3, quite possible that the se S,.,-
naA' iii not extend his ailolu'"'7
ta-2 ,, thpn those already inaue' "a.
ilIIlIi,..,l, lions are already being hlaae
tra probable conditions IN
market next spring ana W.
lsr,,y to .au boo part oi the ,gi w
80 10 OH. amount ISSUED an'i ti,,.5
On $4,000 100 and half ut tnes' H lo''.e
re p-.1 could fam materially below the
cnals \, ,.Igins1v calculated upon me
se' ~, farg1re year The sum OF go
leeli IN. - LII, .r1uthH would druWlnteiest
~, ,r-,rrt of S815 600 and an addl-
- t III ,-,rrot of Sol. 600 coo for one year
uo.1i 5..v $3.50 600. making total ot
. ,t..a rhI. would be at The rate
har l- cents per CAPITA lo'
~ ,e,-fa .r fhr country and 10 l- are
-..5 ,bet thIe would be "a cheap means
y os-sr. from difficulty even from the
t,-.bfss, eIrI7en. whose labor mlsh1
~ oEe-.a1 by the continuance or the
ris's .-.ie
.stes could be called for patmenl Whn-
/ ~ sy,n Cd shorter period than SIX
months 10 win probably ur the poley
ID about that tmu. n conditions permit
N Withdraw some money from the
hanks n addition 20 the amount re-
ulred 10 pay OF the certificates, out
bis Win only De done boz case the acc
umulatei effect of gold imports 1o-
a,iangI bank note circulation, the de-
ros,f of public moneys and the liharu-
Non 0f boards. creates plethora OF
money n circulation which calls for
Modification THE treasury viii be JUS
.Hfr9 DOB tna opinion of the officials, IN
,34ire fa ts working balance as soon
ID money market conditions permit.
bout f-N0Inl0 win probably be- add
III O., fh'. balance bv the proportions
detained from the sale Of bonds and
fertIfc8tes next week.. but the exact
amount depends unHn the amount and
terms of me allotment OF the oue-year
tert.l Gates.
Il II tae certificates are generally used
~ Increase bank note circulation this
alone Will result ID an addition of from
tsoO10O00 20 $1,000 coo 20 the currency
cufside The treasury and with the gold
imports and tae new bank circulation
d roady issued uill make an addition
! more th8u 50Oo0. 600 10 the new cur
n ncy recently placed at tho disposal Of
D. market The nominal cash balance
the treasury today was S2i1 .S93.2l1.
u This vas subject 20 the deduction
n i23i 9395,9 IN banks and elsewhere,
av.ne oU.y So, i63 6zN as the apparent
UHue hl1uce. The cash actually
sd in fde treasury stands Bt g1i9.I3S-
but this is offset by outstanding
hf'ks and other demand liabilities
nuntiDg to S1t2,9s4. $50. Receipts con-
lge 10 gam below the average Of a
r. ago. hlt We're a little better today
Pen flr the corresponding day last
ar The month OF November thus far
shown 8 surplus Of receipts OF 81 r.
55. as against a surplus I'm Novem-
1905. of ti.tj3.l41. but this compare
-.y favorable result has been OBJ
E ned hy Keeping down expenditures
moro chan 100000 during the month.
q hougl l1I tho fiscal year beginning
"a ' J tE.-u has been au increase iu exc
"a 1iluras 1' more than Sl3.5Uo.Co0
Ihe situation at the treasury was so
HNri This afternoon that Sccy.
IeIrIn Mas able To- lsaNo early 10