The Washington times., 1910-08-02
UNCLE SANS PURSE
BULGES WITH Cash

Uncle Sans pocketbook is fairly
bursting with the WherewithaI that be-
speaks prosperity
Approximately there are one and
three-qUarter billion Of dollars IN the
sTonsbox Of the Treasury
This IS a showing mauifestIy Demon
stratins that tie Government is IN no
need Of funds, with the further encour-
aging condition that the public debt
was decreased during the month Of
July.
This makes a better showing than
that made for TIE same month Of last
year, indicating a decrease in customs
receipts AMI a gain in the collection
Of internal revenue.
Exactly speaking. there is a grand
total OF sl,7Ss, o57,sos in the Treasury. a
total balance in the general fund OF S92,-
356,234, a working balance in the Treas
ury offices Of 81, or, S24. wit Ia decrease
OF S5uSsl55 IN the public debt during
according 10 the Treasury statement
ISSUED yesterday the total ordinary re-
ceipLs for July were S5S.S17 So, and the
disbursement SOS III ,Tls. exclusive Of dis
bursements Of Ss.4g,558 for the Panama
canal and or Sl-tZ6.boZ received on &C
count Of the public debt and OF dis
bursements Of S2EJOlJ on that &C
count
al receipts is 81. f51 against an ex-
cess Of $lS.6}T,S74 IN all disbursements
over ali receipts In July, 1909 The total
o. binary receipts, which mean those
outside Of the canal and the public debt
were approximately 100000 greater
than ia july Of last year. while the Ordi-
nary disbursements were approximately
I,IFJlIg more han the same compare
tive date The latter iucTssse is parti-
any accounted for by the $4,000 more
paid on the census the past month than
iu the previous July The corporation
tax aSETeEatiDE S6.II7.Z55 this month,
helped 10 account for the increased re-
ceipJs-
The customs rect ipts Of S25,G5I.511 marx
4 falling OF Of virtually s. 5peD from
July Of last wear. attributable. in part,
- least. TO tt rush Z irnuortarious just
prlOT 10 the passage OF the tariff bin
last Summer. The internal revenue out
side Of the corporation tax. amounted
this month 10 S-3.f54 ff9, which is aD-
pfgEiula7 y S-,-lflY5 more than during
the previous July The miscellaneous
receipts also shovel a slight increase
The disbursements ran about even be-
tween the two dates. except that the
civil and miscellaneous payments. which
include the large census gErEO. 0Verran
The same account for July, 1873, for
more tEsln St--'r. Hf-
There are now in existence TTS2 IA
uonal banks, with an authorized capital
or S-,FS-li 5-la5- These include uiuteeu
" ith q capital Of s>s5H.0, authorized dur
ms July TO begin business. Of which
eleven had Individual capital Of less
than 5000 and the others more than.
llaE amount EWeurE-CDe au7I iCations
were received during the month. Al
together there have been $50 national
banks so far organized, of which ECO
have discontinued business The total
Of national bank circulation OUT
standing II S5I2.014SZS. Of which ssSf ass,
+8 IS secured hv bonds and S17.5E1 135 isl
on al H.~- law
amount
out OF $500 7ao Of the $50 gold pieces
outstanding. almost s. l10 600 worth arel
IN the Treasury vaults. and the uintiuE|
Of these coins has been ordered discon-
tlnucd for the present fiscal year be
cause they are in little demand