Evening star., 1914-10-02
500, ,ooo, 900 Shortage Doubtful.

sluggish movement throughout the en-
tire fiscal year. the total monthly re-
ceipts for more than half the year will
have to compete against the depleted
monthly receipts during the latter
months of last year under the present
tariff The comparison is unlikely to
show monthly falling Off to keep up a
proportion that will mean total short
age of s100,000,000. !
In official circles there is an element
OF pesSimism that is prepared to pre-
dict a shortage of S100,000,000 under es-
Inmates for the years receipts. bring
ing the revenues down to $4,000, 900.
There also is to be found some opti-
mists- They point out that daily receipts
are now averaging more than $500, 900,
which. if maintained without improve
ment, would mean revenues of more
than s1s0,000,000 for a year.
August and September, this year,
were months Of especial depression in
the import commerce. because toys
from Germany, intended for the Christ
mas trade. which usually come in at
this time, were entirely cut of. A
great part of the customs receipts un-
doubtedly represent Withdrawals from
warehouse and not importations during
the period.
But the custom house at New York
is beginning to take on the appearance
of greater activity, and with sufficient
ships on the ocean to carry all the
and avenues open. to all belligerent ma
tions to get their products to these
shores, it is expected by more hopeful
prophets of the customs service that
there will be continued Improvement
and that in December the incoming
goods will approach a normal volume.
Revenues Expected to Slump. -
Undoubtedly revenues from with
drawals from warehouse will fall of
from this time, owing to the depletion
of warehouse stocks. For a time the
increasing import trade may find diff
ficulty in compensating for this loss Of
customs. There are customs officials
who believe the imports will be able
to meet this falling or, and quickly
improve to the extent of presenting a
nearly normal situation.
The very fact that exports are i'm
proving is favorable to the prospect for
better import trade, 1t Is declared. Dur
ing the week ended yesterday 5S,114
terday's grain exports aggregated
l.936,000 bushels. OF the cotton, Cal
weston shipped more than 46,259 bales,
New York. $3.50 bales; New Orleans.
800: Savannah. 1.2so: Charlestton.
1000; Boston. so. and philadelphia. IS.
The cotton went to England, the
Netherlands, Italy. Spain. Mexico, Swe-
aen' PORTUGAL and other countries. OF
me grain 71s,000 bushels went from
New orleans; $4,000 from Baltimore;
$4,000 from Galveston. 10000 from
nhiiadeiphia and 1000 from New York.
The grain went chiefly to England,
holland and Norway.
The Treasury statement showed the
governments total assets to be $685..
SsS,011. including gold coin amounting
to s7.7,712,501: bullion, $246,065.s6S
and about s4s5.0o0.o00 in silver dollars
Internal Receipts Greater.
There was encouragement, too, il
the announcement that for Septembe.
the ordinary internal revenue receipt,
were almost s6.000,0o0 above those 70,
last September, although this increase
is said to be due to unusual causes MOI
likely to figure in future months.
Despite the help from increased in
ternal revenue. the total receipts fol
the month from all sources were near
ly SS,O00,000 under last September. and
the excess of disbursements for thu
month 5n0 000 while in SADfenn