Rensselaer Republican, Volume 20, Number 44, Rensselaer, Jasper County, 5 July 1888 — THE NATIONALTREASURY. [ARTICLE]

THE NATIONALTREASURY.

Cood.tion ot ihe Public Deb*—The Year’s Receipt*and Expenditures. The reduction in the public debt during June, as shown by the statement issued from the Treasury Department Monday, is $14,420,502, and for the fiscal year which closed on Saturday, June 30, $113,844,080. During the preceding fiscal year the debt was reduced $109,707,676. The total debt now, less cash in the Treasury, aggregates $1,165,584,656, and of this amount $1,015,146,012 is in-terest-bearing debt. In round numbers the interest-bearing debt to-day is made up of $714,000,000 4 per cent, $222,009, OOffTij per cent.. $64,500,000 Pacific railroad 6 per cents, and $14,000,000 navy pension fund 3 per cent, bonds. The net cash or actual surplus in the Treasury on July 1 was $103,220,464, against $40,853,369 a year ago. One year ago the Treasury gold fund balance was $186,875,669, and to-day it aggregates $193;866,246, an in crease of $7,000,000 during the year; the net silver fund balance was $73,348,425, against $47,634,842 to-day, a decrease of $26,000,000 during the fiscal year just closed. Standard silver dollars are steadily accumulating, and the Treasury now’holds $243,879,487 of this c<sin, of* $32,000,000 more than on July 1,1887. ....Government receipts from_alL snurcesduring June amounted to $32,490,777, $33,070,884 during June, 1887, and for Tthe fiscal year the revenues aggregated ~53T97329;425r8gain5t during the preceding fiscal year. Customs receipts for the year just.closed aggregated $219,397,076; internal revenue receipts, $124,824,973, and receipts from

I miscellaneous sources amounted to >132,168,375. This .shows an increase, compared with the preceding year of but $2,000,000 in customs receipts, 6,000,000 in internal revenue, and a falling off of SIOO,OOO in receipts from miscellaneous sources. While the revenue has increased about $9,000,000, the expenditures for the year just closed which aggregate $269,089,939, have also increased alxmt $1,000,000, The ordinary expenses of the government for the*, year were $745,161,500 or about $100,000,- > OOO less than the preceding year, the pension charge was $81,575,967,0r $5,500,000 greater than the year before, while the charge, which is growing less and less as the debt is paid off, was $44,789,572, or $3,000,000 less than during the preceding year, $8,270,842 was paid in premiums on bonds purchased during the year. With total receipts amounting to $379,000,000 and total expenditures aggregating $269,800,000, the surplus revenue for the fiscal year.just closed will amount to $110,000,000, against $103,471,097 during the last fiscal year.