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ANNUAL REPORT OF THB SECRETARY OF THE TREASURY THK STATE OF THE FINANCES THE YEi^R 1893. WASHINGTOE'; GOVEBNMENT FEINTING OFFICB, 1892. •£l-- 0^ TREASURY DEPARTMENT. Document No. 1535, dd ed, Secretary. I (Ay CONTENTS. . . . R E C E I P T S AND E X P E N D I T U R E S • Page. ...»»„o Fiscal year 1892. Fiscal year 1893. Fiscal year 1894 ..,......_.. xxi-xxvii 1 .... :„. xxi xxiv xxv. SINKING F U N D xxvii PUBLIC MONEYS xxx LoANSAND CURRENCY ^ xxx P R E C I O U S METALS - Deposits and purchases Coinage Bars .^o... XXXI-XXXIA^ : xxxi xxxi l XXXII Purchases of silver Price of silver Imports iand exiDor'ts : . . . . . ' Earnings and e x p e n d i t u r e s . . . . ;..— Product of gold and silver ..... =. A¥orld's coinage .........'...... Metallic stock of the United States Use of gold and silver in t h e arts and manufactures xxxii xxxii 1. x x x i i Xxxii ...^ x x x m xxxiii XXXIII XXXIII 1 MONETARY C O N F E R E N C E xxxiv NATIONAL B A N K S . .« = = CUSTOMS A D M I N I S T R A T I O N — . . . ^ . . . = . . . . F O R E I G N COMMERCE . . . „ .^ . — Commerce w i t h t h e Avoiid Exports : Imports Imports entered for consumption ...,, .- :... ^ '..^ xxxiv XXXA^II XXXIX-XLV , XL XLI XLIII XLIA^ : , T R A D E WITH ABIERICAN COUNTRIES SOUTH, O F T H E U N I T E D STATES XLV T R A D E W I T H C O U N T R I E S AVITH AVHICH R E C I P R O C I T Y T R E A T I E S ARE I N FORCE...» J XLVIII-LI Exports-.oo Imports .' '. i MTERNAL REVENUE '. xLAaii L LII-LIV Sugar hounty LIV ^^NAVIGATION . . . . LIV IMMIGRATION . . . . . — , LVIII-LXIII Alien contract-lahor laAvs Chinese exclusion Chinesd-registration SEAL F I S H E R I E S R E V E N U E - C U T I E R SERVICE LXi ' LXII Lxii !1 ^^ ^%r LXIII • j^-^jy ' ; IU IV . . CONTENTS. • . L I G H T - H O U S E SERA^ICE MARINE-HOSPITAL S E R V I C E . . . . STEAMBOAT-INSPECTION S E R V I C E . . ; L I F E - S A V I N G SERA^CE . ' : =... -. LXX COAST AND GEODETIC SURA^SY 1 Office of Standard Weights and Measures Page. . LXV LXVI LXIX : LXXII-LXXW ^ EN^GRAAANG AND P R I N T I N G .-... -= LXXIV LXXV P U B L I C BUILDINGS LXXV DISTRICT OF COLUMBIA. LXXVI W O R L D ' S COLUMBIAN E X P O S I T I O N . . LXXVII P U B L I C ACCOUNTS . . . . LXXVIII PROMOTIONS I N THE TREASURY D E P A R T M E N T LXXIX R E P O R T S OF H E A D S OF O F F I C E S LXXX .Tables accompanying the report. TABLE A.—Statement of t h e outstanding principal of the puhlic deht J u n e 30, 1892 : , LXXXIII TABLE B.—Statement of t h e outstanding principal of the puhlic debt each year from 1791 to 1892 TABLE C.^-Analysis o f t h e principal o f t h e puhlic deht from J u l y 1, 1856, to J u l y l , 1892 - • xcii XCTIT T A B L E D . — S t a t e m e n t of the issue.and redemption of loans and Treasury notes during the fiscal year 1 8 9 2 . . . . . . 1 xcv TABLE E.—Statement showing the purchase of hon'ds on accountof the sinking fund during each fiscal, year from its institution in May, 1869, to J u n e 30, 1892 „ xcvi' TABLE F.—Sinking-fund account for t h e fiscal year 1892 cu TABLE G.—Statement of thirty-year 6 per cent honds issued to the several Pa- : cific railway comxDanies cu TABLE H.—Statement showing t h e changes in t h e interest-hearing deht during the year ended October 31, 1892 cm TABLE I.—Statement showing the amounts of money in the.Uuited States, in t h e T r e a s u r y , and in circulation from. July, 1860, to J u l y 1, 1892 ....'. :..... CIV TABLE J.—Statement of the annual appropriations made hy Congress for. each fiscal year from 1883 to 1892 cxii TABLE K.—Statement of the net receipts during the fiscal year 1892 , cxiii TABLE L.—Statement o f t h e net disbursements during the fiscal year 1892.. cxiv TABLE M.—^^Statement of the net receipts and disbursements for the quarter ending Sei)tember 30, 1892..: cxvii TABLE N.—Statement of the receipts of the United States from March 4,1789, to J u n e 30, 1892 cxviii TABLE O.—Statement of j}he expenditures o f t h e United States from March 4, 1789, to J u n o 30, 1892. :........., cxxii TABLE P.—Statement of receipts and disbursements by United States assisbant treasurers during t h e fiscal year 1892 cxxvi TABLE Q.—Statement showing the present liabilities of the United States to Indi'an tribes under treaty stipulations =. . cxxxi TABLE R.—Statement of redeemed United States securities received by the Office o f t h e Secretary of the Treasury for final count, examination, and destruction during the fiscal year 1892 .^/.. c x x x v i TABLE S,—Statement of United States bonds and other obligations recerived and issued by the Office of the Secretary of the Treasury from Noveiober 1,1889, to October 31, 1892, i n c l u s i v e , . . . — , ; uxxxvu CONTENTS. A P P E N D I X TO THE REPORTO mSPORTS OF H E A D S OF B UR E AUS AND OTHER OFFICERS. Tnclex to contents of appendix.—'R&^OY.t^: Trea.surer, 3; Director of Mint, 124; Comptroller of Currency, 304; Commissioner of Internal Eevenue, 392;. Chief of Bureau of Engraving and Printing, 475; Eirst Comptroller, 481; Second Comptroller, 489; Commissioner of Customs, 493; Eirst Auditor, 504; Second Auditor, 519; Third Auditor, 534; Fourth Auditor, 539; Eifth Auditor, 549;. Sixth Auditor,"556; Register, 560; Chief of Division of Special Agents, 787; Board of United States General Appraisers, 799; B.oard of Examiners, Treasury Department,-809. -Page. 3-123 R E P O R T OF THE TREASURER Revenues and expenditures State of the Treasury Public debt Currency . . . „ Circulation... Issues .and redemptions Coinage Spurious and fraudulent issues Trust funds Redemption of national-bank notes Safes and v a u l t s . . . . . Paper currency a c c o u n t s . . . ' . . . . . : ^ ' '. ,^ .... ^... *........»* 3 5 8 9 13 19 21 22 25 26 . ,27 28 ApxmuUx. No. lo-rReceipts and expenditures for the fiscal year 1892, as shown by - warrants/ issued. .• ^ .. 29 No. 2,—Receipts and expenditures for each quarter of the fiscal year 1892 as shown by warrants issued 30 No. 3.—Comparative state of balances in the Treasury at the close of the-fiscal years 1891 and 1892 3,3 No. 4.—Receipts and expenditures on account ofthe Post-Office Department for the fiscal year 1892, as shown by warrants issued . 30 No. 5.—Assets and liabilities o f t h e Treasury offices, J u n e 30, 1892 . . . . o 31 No. 6.—^Assets of the Treasury in the custody of mints and iassay offices," J u n e 30, 1892 ' ' 32, No. 7.^—Grener^l distribution of the assets, and liabilities ofthe Treasury. 33 No. 8.—Assets and liabilities, June 30, 1891 and 1892. 33 No. 9.—Assets and liabilities of the Treasur}^, September 30, 1891 and 1892 34 No. 10.—Unavailable fiincls of cthe general Treasury and of the Post- . Office Department , ,.........:.. 35 No. 11.—Fractional silver coin of each denomination in each office of t h e Treasuivy and Mint; June' 30, 1892 ^ 36 No. 12.—Minor coin of each denomination in each office o f t h e Treasury " and Mint, J u n e 30, 1892 36 No. 13^—Reconciliation of the several accounts and statements of cash in the Treasury, J u n e 30,1892 36 No. 14,:—Semiannual duty collected from national banks for each fiscal year .. 37 'No. 15.—United Stales boncls of each loan held in trust for national banks, J u n e 30,1891 and 1892, and changes during the fiscaL ,. year . . . . . . , „ o.oo o :........-...o..............o.....a... 37 YI - ^ CONTENTS. R E P O R T OF T H E TREASURER—Continued. No. 16.—Receipts and disbursements of i)ublic moneys through national bank depositaries, by fiscal years '. No. 17.—Number of national banks and of national b a n k depositaries, and amount of bonds held for them at the close of each fiscal year , , . -. No. 18.—Bonds' held for the sinking funds of the Pacific railway companies at the close of each fiscal year No. IQ.—Receipts and disbursements of'the several kinds of money at the Treasury offices, on all accounts, for the fiscal year 1892 No. 20.—Receipts and disbursements of all kinds of mpney at the subtreasury in New York on all accounts, save exchange, durin'g the fiscal year 1892... . No. 21.^-Receipts and disbursements of all kinds of money at the subtreasury in New York on exchange account during the fiscal year 1892 .....' No. 22.—Monthly receipts from customs at New York from April, 1878, and per centage of each kind of money received No. 23.—Shipments of silver coin from the Treasury offices and mints from. J u l y 1,1885, to J u n e 30. 1892 No. 24.—Shipments of silver coin since J u n e 30, 1885, from t h e Treasury offices and mints, and charges thereon for t r a n s p o r t a t i o n . . . No. 25.—Transactions between the subtreasury and clearing houses in New York during'each fiscal year from 1884 No. 26.—Amount of each kind of money p a i d into the clearing house in New York in settlement of balances against the subtreasury during each month from July, 1889 _. No. 27.—Old demand notes of each denomination issued, redeemed, and outstanding at t h e close of t h e fiscal year 1892 No. 28.—United States notes of each issue and denomination issued,. . redeemed, and outstanding at,the close of-the fiscal y e a r . . No. 29.—Treasury notes of 1890 of each denominiation issued, redeemed, and outstanding at the close of the fiscal year 1892 No. 30.—^^Currency certificates o'f each issue and denomination issued, -^ redeemed, and outstanding at the close of the fiscal year 1892 ., No. 31.—Gold certificates of each issue and denomination issued, .re-. deemed, and outstanding at the close of t h e fiscal year ., 1892: ...:: • :.... • No. 32.—Silver certificates of each issue and denomination issued, redeemed, and outstanding at the close of the fiscal year 1892. No. 33.—Fractional currency of each issue and denomination issued, redeemed, and outstanding at the close of the fiscal year 1892. No. 34.—Compound-inte\'est notes of each denominationissued, redeemed, and outstanding at the close of the fiscal ye'ar 1892.' „ No. 35.—One and'two year notes of each issue and denomiuationissued^ redeemed, aiid outstanding at t h e close of the fiscal year 1892....'.... : :..-. No. 36.—United States currency of each class, together with one and tAVO year notes and compound-interest notes issued, redeemed, .and outstanding at the close of t h e fiiscal year 1892 . No. 37.—Face and net value of United States currency, one and two year "notes,, and compound-interest notes redeemed, and deductions on account of mutilation, to the close o f t h e fiscal year 1892 o..:.,. ...• -..J. .... Page. 38 38 39 39 40 42 44 47 47 . 48 49 <•• 49 49 51 .' _ 51 27 52 52 53 ,. 53 54 54 CONTENTS. REPORT OF THE TREASURER—Continued. V 'h Vli . ' No. 38.^United States notes of each denomination issued, redeeined, and outstanding at the close of each fiscal year, including $1,000,000 of unknown denominations destroyed • No. 39.—Treasury notes of 1890, of each denomination issued, redeemed and outstanding at the close of each fiscal year No. 40,—Currency certificates, a c t o f J u n e 8,.1872, issued, redeemed, and outstanding at the close of each fiscal year No. 41.—Gold certificates, of each denomination issued, redeemed and outstanding at the close of each fiscal year, exclusive of - $33,000,580.46 in irregular amounts issued aud redeemed on account of the Geneva award . No. 42.—Silver certiiicates, of each denominatiT)n issued, redeemed and outstandiug at the close of each fiscal year ... No. 43.—Amount of United States notes, Treasury notes, and gold, silver, and currency certificates of each denomination,.issued, redeemed and. outs tan cling, at the clo'se of each fiscal year from 1866) including $1,000,000 of jinknown denominations destroyed.. No. 44.—Amomit of paper currency of each denomination outstanding at the close of each fiscal year from'1878, including $1,000,000 of unknown denominations of United States notes destroyed .p.. ... ....... No. 45.—United States paper currency outstanding at the close of each . fiscal y e a r . . / . . . . . : ' No.'46.—Gold coin and.bullion in t h e Treasury, and gold certificates in t h e Treasury and in circulation, at the end of each month, from March, 1878 : No. .47.^Standard silver dollars coined, in t h e Treasury and in circulation, and silver bullion i n t h e Treasury, at the end of each month, from March, 1878 \ ,No. 48.—Standard silver dollars in the Treasury available for the issue of silver certificates, and silver certificates in t h e Treasury and in circulation at the end of each month, from March, 1878 1 No. 49.—Legal-tender notes in t h e Treasury and ciirrency certificates in the Treasury and in circulation at the end of each month from March, 1878 !.... • No. 50.—Gold and silver coin and bullion i n the Treasury at the end of each month from Juiie, 1878 ,..:.. No. 51.—Paper currency in t h e treasury at the end of each month from . , June, 1878 ..c> .......:....'..... No. 52—Gold, silver, and paper currency in the Treasury in excess of certificates iu circulation at the end of each nionth, from J u n e , • . 1878 ,....: No. 53.T-Estimated stock of gold and silver coin and bullion, and of . . - U n i t e d States, and national bank notes at the end of each month, from June, 1878 ...:....... ........... >No. 5 4 . ^ E s t i m a t e d amount of gold and silver in circulation at the end . of eaclnnonth from June, 1878 / No. 55.—Paper currency in circulation at the end of each month from June, 1 8 7 8 . . . . . . . . . . . . i ! . :........No. 56.—Estimated amount of money in circulation at the end of each , month from June, 1 8 7 8 . . . , ......... No. 57.—^Distribution of t h e stock of money at the end of each month from June, 1878.^..............,._. Page. 54 61 61 63 69 . 69 75 ' 78 . 79 ,81 83 86 , ' 8^8 90 ' 92 ,95 ^ ^ .' 97 99 101 .104 VIII CONTENTS. R E P O R T OF THE TREASURER—Continued. Page. No. .58.—Changes in the volume of money in circulation, from internal expansion and contraction and from imi^orts and exports of gold, during.each, month, from .June, 1878 ^......... 106 No. 59.—Seven-thirty notes issued, redeemed, and outstaaiding 108 No. 60.—Coupons from United States bonds and interest notes paid during thfe fiscal year 1892, classified by l o a n s . . . , 108 No. 61.—Checks issued for i n t e r e s t o n xegistered bonds of the United States during the fiscal year 1892 , ,. 109 No. 62.—Interest on 3.65 per cent bonds o f t h e Districtof Columbia paid during the fiscal year 1892 109 •• No. 63.—Refunding certificates issued under the act of February 26,1879, converted into bonds of the funded loan of 1907 409 No. 64.—United States bonds and securities retired for the sinking fund, . from May, 1869, to J u n e 30, 1892 109 N0..65;—United States bonds retired from May, 1869, to June 30, 1892 . . Ill No. 66.—-Bonds of t h e loans given in statement nnmber 65, retired j)rior to May, 1869 ..° .......' 112 No. 67.—Called bonds redeemed and outstanding J u n e 30, 1892 . 113 No. 68.^Changes during the fiscal year 1892 in the principal of the interest-bearing debt and debt on which interest has ceased 116 No. 69.—Lawful money deiiosited in t h e Treasury ^ each month o f t h e fiscal year 18^92 for the redemption of national-banknotes.. 116 No. 70.—Disbursements from redemption accounts of national banks • . each month of the fiscal year 1892, and balance on deposit. 117 " No. 71.T-National-bank notes received for redemption each month of the . fiiscakyear,1892, from the principal cities and other places,. 117 No. 72.—Redemptions and deliveries of national-bank notes each month of the fiscal year 1892, and balance on hand * 117 No. 73.—Redeemed national-bank notes delivered froin the Treasury each month of t h e fiscal year 1892, and balance on h a n d . . . 118 No. 74.—Result of t h e count of national-bank notes received for redemption, by fis cal years, ..^^. 118 No. 75.—Disposition made .of the notes redeemed at the national-bank redemption agency, by fiscal years ^, 119 No. 76*—Mode of payment for notes redeemed at t h e national-bank redemption agency, by fiscal years ^. ^. ^ ^ 119 No. 77*—Deposits, redemptions, assessments for expenses, and transfers and repayments, on account of the 5 per cent redemption ^ "" fund of national banks, by fiscal years, and balance of the deposits, at the close of each year * ^ . ^ . . ^ ^.. * ^ ^... 120 No. 78.—Deposits, redemptions, and transfers and inpayments on account of national banks failed, in liquidation, and reducing circu. . lation, by fiscal years, and balance of the deposits, at the close of each year • . . . . . ^..^ , ^ ^ ^ . . . . . ^ ^ ^..^... ' 120 No. 79.--Expenses incurred in the Redemption of national-bank notes, by " fiscal j^ears....:......... 122 No. 80*—Balanced statement of receipts and deliveries of moneys by the National Bank Redemption Agency forthe fiscal year 1892.. 122 No. 81.—Balanced statement of receipts and. deliveries of moneys by the National Bank Redemption Agency, from J u l y 1,1874, %o J u n e 30, 1892 :. 123 No. 82.7-Changes during the fiscal year 1892 in the force employed in the o Treasurer's office 123 No. 83.—Appro]3riations made for the force employed in the Treasurer's office, and salaries paid, during the fiscal year 1892 123 ^ CONTENTS. . < ' IX • ' Page. R E P O R T OF THE DIRECTOR OF THE M I N T „ 124-303 Deposits and purchases of gold and silver ^ 124 Coinage , ^ 126 Gold and silver bars manufactured : r. 126 Medals and dies manufactured ' 127 Gold bars exchanged for gold coin 128 Work of Government refineries 128 Purchases of silver. 1 129 Course of silver, ^ 135 Distribution of silver dollars 138 Circulation of silver dollars 139 Subsidiary silver coinage 139 Trade-dollar coinage 141 Seignorage on silver v. A, 142 Minor coinage * 143 Appropriations and expenditures.. 146 - Earnings and expenses of the refineries, of the coinage mints and assay ^ office, at New York , ". 149 Earnings and expenses of the mints and assay offices 149 Classified statement of expenditures „ ^ 150 Movement of gold from the United States . . . . , ' . . . . . . . ......... 151 Imports and exports of the' precious metals 155 Stock of money in the United States "" 160 Gold and silver used in the industrial a r t s . * 164 Product of gold and silver-... . 168 World's coinage.. .............. . 170 Value of foreign coinage ...../... 172 Work of the laboratory of the^ Bureau of the Mint 180 Annual trial of coins ... i 180 New mint at Philadelphia. t........ 181 Summary of operations of .mints ancl assay offices 18.5 Summary of the Work of minor assay offices ' 208. Monetary statistics of foreign countries 208 Work of the Bureau of the Mint. ooo 'il 221 Appendix. •• . , • No. 1.—Deposits and purchases of gold and silver, by wei glit , 223 No. 2.^Deposits and purchases of gold and silver, by A^alue 225 No. 3.—Deposits of unrefined gold of domestic production, with the States and Territories producing the same, and of refined domestic bullion, not distributed, by weight 227^ No. 4.—Deposits of unrefined gold of domestic production, with the States and Territories producing the same, and of refined domestic bullion not distributed, by value :..... ... ^ 228 No. 5.—Deposits of unrefined silver, of domestic production, with the States and Territories producing the same, and of refined domestic bullion not distributed, by weight 230 No. 6.—Deposits of unrefined.silver of domestic production, with t h e ' States and Territories producing the same, and of. refined 'domestic bullion not distributed, by yalue . . . . . . . . . . . . . . . . . " , 232 No. 7,-7-Bars manufactured of gold and silver, by weight 234 No. 8.,—Bars manufactured of gold and silver, by value 234 No. 9.—Coinage executed at the mints, during the .fiscal yestr 1892 , . . : 236 No. 10.—Coinage executed at the mints, during the calendar year 1891.. 236 X . CONTENTS. R E P O R T OF T H E DIRECTOR OF THE MINT—Continued.' No. No. .No. No. No. < No. No. No. No. No. No. No. No. No,. No. No. No. No. No. No. No. No. No. No. No. No. No. Page. 11.—Earnings and expenditures of the mints and assay offices 238 12.—Seigniorage on the coiuage of silver and deposition of the same 240 13.—Assets and liabilities bf mints and assay offices , 242 14.—Medals manufactured at the Philadelphia mint 244 15.—Coinage dies executed at the Philadelphia mint 246 16.—Expenditures from silver profit fund on account of transj)ortation of silver. 247 17.^Expenditures for distribution of minor coins, from J u l y 1, ^ 1878, to J u n e 30, 1892...:.. \...' 248 18.—Wastage and loss on sale of sweeps 248 19.—Monthly stateuient of silver bullion purchased by the niints, under act of J u l y 14,1890 249 20.—Quantity and co.st of sih^er used in the coinage of silver dollars, wasted and sold in sweeps, under act of J u l y 14, 1890 250 21.—Quantity and cost of silver used in the coinage of silver dollars, ^ wastisd and'.sold in sweeps, monthly 254 22.—Coinage of silver dollars from trade-dollar bullion,under act of March 3, 1 8 9 1 - - . . : '254 23.—Number of coins and fineness of each, from the coinage of the calendar year 1891, assayed by the annual assay commission, and monthly by the assayer of the Mint Bureau. '256 24,—Imports and exports of gold and silver , 258 25.^Values of gold and silver ores imported into and exported from • the U n i t e d S t a t e s . . . . . . . ....^. 264 26.—Statemelits, by countries, of the imports of gold and silver into t h e U n i t e d States. 267 27.—Statements, by countries, of the exports of doniestic gold and silver ^..,......... ^ 268 28.—Statements, by countries, of the exports of foreign gold and silver .: 268 29.—Comparison of the business of the mints and assay offices, for ' the fiscal years 1891 and 1 8 9 2 : . . . . . . . . . . '....:. 270 30.-^Unrefined gold and silver of domestic production, its distribution by States and Territories; also refined domestic bullion, not • . distributed, deposited at the mints and assay offices from their organization to the close of the fiscal year 1892 272 31.—Price of silver in London per ounce, British standard (.925) since 1833, and the equivalent iri United States gold coin of an ounce 1,000 fine, at the average pricje 273 32.r-Commercial ratio of silver to gold, each year since 1687 _... 274 33.—Product of gold and silyer in the United States, from 1792-1844, , and annually since . 275 34.^-Situation of t h e principal banks of issue at the' end of June, 1892......!...................... 276 35:—Coinage of nations ." ....'. 277 36.—World's production of gold and silver, calendar years, 1889, 1890, and 1891 279 37.-^Coinage o f t h e mints o f t h e United States, from their organization, by calendar years , ..1 c, ...... 280 R E P O R T OF T H E - COMPTIIOLLER OF THE C U R R E N C Y Report submitted to Congress * .... Comparative condition of national banks for fiscal years 1891 and 1892.. Currency . '.. ^ Clean inoney . „„o = . . . . . 6 . ^ . . , . . . . . . . . . . . . . . .^.. 304-391 3Q4 305 306 317 CONTENTS. R E P O R T O F T H E COMPTROLLER O F T H E CURRENCY—Continued. •. XI Page. Amendments to t h e laws 319 Closed national banks 323 Domestic exchanges 325 Substitutes for money. ^ 332 lujprudent methods : 340 Directors and officers ^ 341 Excessive l o a n s . . . ' '. .342 Examiners 344 Comparative statements of the national b a n k s . . . : 346 Extension of the corporate existence of national banks . .349 Circulating notes 350 Banks without circulation . = ^i 352 Security for circulating liotes 353 Interest-bearing funded debt of t h e United S t a t e s . . . . . . . . . . 1 . -\ 355 Market prices of- United States bonds ...... 356 ^ Investment value of United States bonds 3.57 Issues and redemj>tions. 358 Tax uj)on circulation, redemption charges, and assessments..; .• 362 Loans . i 362 Failed b a n k s '. 366 Inactive receivershii^s 375Legislation -----,. . . . . . . . . . ^ 376 Legal decisions .^ : 378 Clearing-house associations. ,... 378 Transactions of t h e New York and other clearing-house associations... 379 Cleaning house of t h e New York Stock Exchange 384 Savings banks and loan and t r u s t companies ofthe District of Columbia. 384State, savings, private banks, loan and t r u s t companies. 384 Conclusion „... ^ ^ 3.90 R E P O R T OF THE COMMISSIONER OF INTERNAL R E V E N U E '. ' ' 392-474 Tables. .......:. 392 Collections for the current fiscal year .:.. 393 Receipts for the past seven fiscal years '. 393 CVdlections for the last fiscal year...._ : .' 393 Withdrawals for consumption during the last two fiscal years -395., Receipts by States and Territories during the last two fiscal years 395 Receipts for t h e first three months of t h e present fiscal year 396 Cost of collection „ = ' 397 Miscellaneous expenses ....:.-,........ 39B Estimated expenses for the next fiscal year „ : : 398 Salaries . : . x ,-...-. ,. 1 398 Scale of salaries of collectors ...'.....^., . . \ . . . i . . 399 Official force.' ..:. ' 399^ Storekeepers, gaugers, etc . , 400 General condition of t h e official force of t h e service . -401 Expenses of revenue agents „......:...!........ . 401 Work of revenue agents ' ^ 401 Illicit stills s e i z e d . . . . . . . . ' :. 402 Expenditures for t h e discovery and punishment of violators of law 402 Internal-revenue inspectors., .' 403 Expenses of revenue inspectors . . „ . . ' . . . . .° . 404 Manufacture of stamp paper";. 404 Printing of stamps , , .,... 405 Claims for redemption of. stamps barred by statute .-.. „ 405 XII CONTENTS. R E P O R T OF T H E COMMISSIONER OF. INTERNAL REVENUE—Continued. Page. Official count of stamps in vault .'. '. Issues of stamps to collectors .Z ......:.. Certificates of residence for Chinese laborers Tobacco collections Production of tobacco, snuff, cigars, and cigarettes The tabular statements '.\ . Smoking opium Reports of district attorneys .'.. Offers in compromise —.« Abstract of seizures Abatement claims'. , Refunding claims Rebate claims Sales of real property Number of special-tax payers Distilleries registered and operated .^... „ Grain and molasses distilleries iii operation Sejptember 1, 1880, to 1892.. Capacities of grain distilleries Comparative statement of distilleries registered and operated Materials used for the production of distilled spirits Different kinds of fruifc brandy produced during the yeax Stock fed a t distilleries ..........: • Dispensing with gauging out from rectifying houses. , Spirits gauged in 1891 -. . Spirits gauged in 1892 Change in method of gauging distilled sj)irits 1...... Amendments suggested to existing laws • Assessments -. Stamp taxes assessed Increased production of spirits „ I..... Increased withdrawal of tax-paid spirits Distilled spirits alloAved for loss by leakage or evaporation in wa^rehouses.:. -,.--- c ' Exportation of distilled spirits „.... Increased withdrawals of spirits for scientific purposes and use of t h e UnitedStates Different kinds of spirits produced, withdrawn, and remaining in warehouses for the last two fiscal years Stock on hand, production, and movement of spirits, for the last five years ». Production and withdrawal of tax-paid spirits, during three months of the current fiscal year Spirits in distillery warehouses, during the last seven years . Distilled spirits in the United States October 1, 1892 Fortification of wines with grape brandy free of t a x . ^.. 1 . . . . . . " . . . . . . . . Operations in oleomargarine : Amendments suggested to oleomargarine law ^ . . . ..f. Number of sugar producers licensed ..\, Application for licenses, for the year 1893 Amount of bounty paid, during the fiscal year 1892 .-..:. Sugar production in 1892 : Beet-sugar factories c . . . . . . . . : . ..' ,^ Sugar made from sorghum . . . . . . . . : Sugar from sugar c a n e . . . . . * . . . 405 406 406 406 407 409 415 415 416 _ 417 418 418 418 418 419 422 424 425 426 427 428 429 430 431 432 433 434 436 437 438 439 439 440 4.41 442 443 444 445 445 445 448 452 454 455 455 457 458 459 460 [ " CONTENTS. XIII R E P O R T OF T H E COMMISSIONER O F INTERNAL R E AVENUE—Continued. Operations of cane-sugar producers during the year 1892 Acreage of cane under cultivation Maple sugar ". .*. Estimate of sugar bounty to be paid, for the current year Exi)ense of paying the sugar bounty Recommending the amendment of existing laAvs •. Sugar s t a t i s t i c s . . . . . Chemical laboratories : Page. 461 , 463 464 466 466 467 467 '471 1 R E P O R T OF C H I E F OF T H E B U R E A U OF E N G R A V I N G AND P R I N T I N G . . . . . . . . . . . 475,483 Operations of t h e Bureau „, 475 Appendix. No. 1.—Statement showing the United States notes, certificates of deposit, bonds, and national-bank notes delivered, during the year.... 478 No. 2.—Statement showing the internal-revenue stamps delivered, during. theyear ^ 478 No. 3.—Statement showing t h e customs stamps delivered, during t h e year 479 No. 4.—Statement showing the checks, drafts, certificaties, etc., delivered, during the year 479 No. 5.—Statement ofthe various classes of securities and other work pro- 4posed to be executed in the fiscal year 1891 . 482 No. 6.—Statement shoAving the annual production of securities in sheets and the exx^enditures, for the l a s t eleven years ......... 483 No. 7.—Statement showing t h e n u m b e r of employes on t h e first day of each month since J u l y 1,1877 .7 483 R E P O R T OF THE F I R S T C O M P I R O L L E R •. 484,488 Warrants received, examined, etc Reciuisitions Miscellaneous Work..- 484 488 488 R E P O R T OF T H E SECOND COMPTROLLER 489-492 Accounts, claims, etc., settled, clerks employed, and distribution of work. W o r k of the office during the year: Army back pay and bounty division Army paymasters' division • Army pension division ,. Quartermaster's division . Navy division Indian division Miscellaneous claims division , R.E PORT OF THE COMMISSIONER OF CUSTOMS Conduct of t h e business of t h e office Amount received into the Treasury...' Amount paid out of the Treasury ...„ 489 489 490 490 491 491 491 492 493-503 493 494 494 Appendix. Table A.—Statement of warehouse transactions at the several districts and ports, during the year 496 Table B.—Statement of transportation transactions, during the y e a r . . . 500 Table C.—Statement of exportation tra.nsactions, during the y e a r . . . . . . . ^ 501 Table D.—Merchandise transported without appraisement; during t h e year..„„„..„,,.„ ,,.,. ...„,,,. ' 502 Xiy CONTENTS. . Page. 504-518 REPORT OF THE F I R S T AUDITOR Work of the office: . Accounts adjusted . Customs division Judiciary division : Public-debt division " Miscellaneous division. Division of mints and subtreasuries , Warehouse and bond division ! Comparative statement of work in the office from 1861 to 1892 504 515 . 515 515 515 516 516 517 R E P O R T O F T H E SECOND A U D I T O R 519-533 Bookkeepers' division p, Paymasters'division...... Ordnance, medical, arid miscellaneous divisions Indian division :... Pay and bounty divisions -, • . Division of investigation'^ of frauds Property division ".. Division of inquiries and replies Mail division Archives division. Old army division Condition of public business Disallowed claims .' Paying soldiers of the late war on a gold basis... .• Money due the estates of deceased colored soldiers Soldiers' Home accounts Payment of claims for back pay and bounty The clerical force. ,. R E P O R T OF T H E T H I R D AUDITOR '.. .^... . J = Review of the work of the office Horse-claims division Military division Claims division Pension and bookkeepers' division The records .. = , 520 522 522 523 524 524 525 525 526 526 526' 527 527 529 531 531 532 533 534-538 ^ .,....: ^ 534 535 • 535 535 535 535 Appendix. Exhibit D,—^^Comparative statement of accounts of pension agents paid, during the period from J u l y 1,1882, to June 30,1892, etc. Exhibit E.—Comparative statement,- showing disbursements by pension agents and expenses of agencies, during the years 1888, 1889, 1890, 1891, and 1 8 9 2 . . . . . . . ....Exhibit G.—Statement of amounts paid to each class of pensioners, etc., during t h e year _ Exhibit H.—Statement showing amounts advanced to and disbursed by pension agents, during t h e year, and balances on hand ' Exhibit K.—Statement showing t h e financial operations of the office, during the year ..„ = „ » R E P O R T O F T H E F O U R T H AUDITOR. .......'.... Balances, liabilities, a n d payments Api^ropriations and expenditures of the Navy „.. Exchange oooo oooo.ooo ooo ooo. „ooo . o . . ..ooo„..ooo. . . . . . . . o o . . .ooo 536 537 538 538 5^8 539-548 539 540 547 CONTENTS. REPO[RT OF T H E F O U R T H AUDITOR—Continued. Special fiscal agent at London.ijisbursements for pensions • Cjondition of b u s i n e s s . . . XV - ^ • . p^^^ 547 548 548 .. REPOIRT OF THE F I F T H AUDITOR . . 549-555 RevieAv of t h e work of t h e office . Diplomatic and consular division Internal revenue division Miscellaneous division R E P O R T O F T H E S I X T H AUDITOR 549 550 554 554 , 556-559' Transactions in money orders and postal notes General remarks on work of t h e office, etc., 556 558 REPOIRT OF T H E R E G I S T E R . . Distribution of force and salaries.. .^. Division of receipts and expenditures Division of l o a n s . . . . . ...... . r)ivision of notes, coupons, and currency Division of interest, expenses and Avarrants The efficiency record Salaries . . . . oo.. ooo. oo.= . oo.. o.... ooo 560-^786 -. '....ooo.,. I Statements. Loan division: Table A.—Number and amount of United States bonds issued I Table B.—Number and amount of United States bonds c a n c e l e d . . . . ' Table C.—Transactions in Spanish indemnity bonds ....oooo.. I Table D.—General summary of unissued bonds „ } Table E.—Work performed by t h e division „ ». .o.... Note, cou|)on, and currency division: I Table I.—Number and amount of gold certificates, currency cerj tificates of deposit, and seven=thirty Treasury I notf s received and registered ! Table II.—Number and amount of interest checks of various loans 1 on hand J u l y 1, 1892, and receiA^ed in fiscal year ! , and number conn ted, registered, examined, and com! * compared I Table Ha.—Total number of interest checks of varioiis loans on [ file... : " I Table III.^—Number of redeemed detached coupons of various loans i . on hand, received, counted, examined, etc I Table IV.—Number a n d amount of redeemed (detached) coui^ons I receivedup t o J u n e 3 0 , 1892.. ! Table V.—Number and amount exchanged, redeemed, and transI ferred United States coupon bonds examined, j counted, etc I Table VI.—Number and amount of exchange, redeemed, and trans! ^ ferred United States coupon bonds and bonds of t h e I D i s t r i c t o f Columbia and, Louisville and PortlaiUd I ' Canal Company, and number of attached couporis j t h a t have been examined, registered, a^nd scheduled I in duplicate, and on file . I Table VIL—Number and amount of United States notes, silver j .certificates, gold certificates, refunding certificates, j -^ .fractional currency, etc., examined, counted, can1 • ^ celed, and destroyed ooo... .ooo.. o ... 560 561 563 568 ^ 570 572 573 575 575 575 576 576 577 578 578 579 580 581 582 584 XVI CONTENTS. REPORT OF THE R E G I S T E R ^ C on tinned. ^ Note, coupon, and currency division—Continued. Table VIII.—United States notes, silver and gold certificates, and fractional currency of each issue, series, and de, nomination redeemed during the fiscal year ending J u n e 30, 1892, and total redemiDtion of t h e same, since issue Table IX.—United States interest-bearing notes and certificates issued, redeemed, and outstanding Table X.—Work performed in t h e files rooms I ......... . Receipts and expenditures division i Receipts from customs services of United States officers weighing fees labor, drayage, e t c . „ customs officers'fees mileage of examiners fines, penalties, and forfeitures (customs) emolument fees (customs) immigrant fund sales of Government property '. sales of public lands registers'and receivers'fees internal revenue War and Navy Departments Indianlands. ...*... ,.. consular fees fines, penalties, and forfeitures (judiciary) emolument fees (judiciary) profits on coinage reimhurseinents national-bank redemption a g e n c y . . . miscellaneous...... ! Pacific railway companies. loans, etc revenues District of Columbia. Balances of appropriations and expenditures, e t c . : ^ Treasury .-..'. Diplomatic '.... Judiciary Customs Internal revenue. Publicdebt : Interior—civil. '••••• ;Interior—Indians : Interior—^pensions Military establishment .....*. Naval establishment Recapitulation •. Expenses of collecting t h e revenue from customs Expenditures for assessing and collecting the internal revenue. Population, net revenue, and net expenditures o f t h e Government, from 1837 to 1892... ., ..„ „ :......„.. Compar ative statement of t h e receipts and expenditures on accpunt of internal revenue ,,,p,,,.,,.,., , - , . . . . , . > . . , , , , , , , , ^,,, Page* 586 589 593 594 596, 597 598 598,599 599 599 600, 601 602 603 - 604 605 607 609 609 609 610 615 617 617 617 618 618 618 618 620 666 672 676 686 686 688 700 722 724 750 760 762 765 766 76ii • . CONTENTS. REPOR-T OF THE REGIS rER—Continued. - XVII .^ Page. Receipts and expenditures o f t h e Government .' Number, occupation, and compensation of persons emphrycd in tho customs service . . . . . . . . —.....: 767 769 R E P O R T OF T H E SUPERVISING SPECIAL A G E N T Operations of t h e d l v i s i o u . . . . . . . 1 . 787-798 , . . . ^ . . , ^., ^ 787 A])i)endvx, Statement of customs bnsiness , ^.......,,..,. 794 R E P O R T OF T H E BOAPVD OF U N I T E D "STATES G E N E R A L APPR.-VTSERS.. 799-808 Reaipprai sera ents . . , , , . , ..,,....,... ^ Classification . , , .,.^^,...,.,.,.,.,.., ,...,..,. Supervision ^.... ^ . . . , , , . . . . . , , . . . , . , Observations and suggesfcions....... ^ . . , . , , - . - . , . . . . : . . . - - ' , Ai)peals from t h e Board's d e c i s i o n s . . . . . . . . . . . . . . . . . . , . . , , A.pi)eals to court from t h e Board's d e c i s i o n s . . . , . . . , . : ^...,, Disposition of appeals,... o . . = , , . . . . . - . - ^ . . . , ...,.,,.,..... Appendix, Table Table I Table ' Table Table 799 800 801 801 801 802 803 • A.—Disposition of protests, at September terin, .^. ^. ^ . . . ^ . , . ^,. ^, B.—Disposition of protests by visiting board, during January circuit, 1892 .,.....,./.-...,...,...., ..__ C—Disposition of protests a t J a n u a r y term, 1892. /^ -,.-/.D.—Disposition of j)rotests, June term, 1892 ,,, P E.—Disposition of protests a t Sep'temiber term, 1892 R E P O R T OF T H E BOARD OF EXAMINERS OF THE T R E A S U R Y D E P A R T M E N T ;806 ^ 807 807 808: 808 809-1019 The President provides for competitive examinations , 809 ThjB President orders an efficiency record ^.., 810 The records of faithfulness and efficiency ...,....,,, 810 Secretary Foster orders competitive e x a m i n a t i o n s . . , . . , . . . 8.10 The rules go into o p e r a t i o n . . . . . . . . . ^ . . . , . , . . . ,..._.._ .... 811 The conference of bureau officers . . . , , • 811 The rules modified 813 Prejliminary and general papers 8X4 The first 100 promotions 815 Bureau and office questions 815 Secretary Fairchild's standard examinations ^ 815 Secretary Sherman's competitive examinations 816 The number examined 817 The record of t h e women 817 The record of the men 818 Wil ere shall examinations be conducted : 818 History of examinations in t h e Treasury D e p a r t m e n t . , . - . . . . . . ' . \ . . . 818 The interest of t h e Secretaries of the Treasury " 818 The academic tests and efficiency records 820 Comx)limentary marks given for war records ,. 821 Lost time a n d overtime 822 The danger point indicated ,. 822 Intermediary grades proposed .....' 822 The grade of junior clerk proposed 822 Shall the trained men have t h e higher p l a c e s . . . . . . . . . . . . . 823 The experience of the first year ........ 823 No delay in promotions ..*^.o ...ooo ...ooo **oooo . . * . . 824 '^i92—-2 XVIII CONTENTS. Appendix. Page. REPORT OF BOARD OF EXAAHNERS OF THE TREASURY DEPARTMENT—-Cont'd. Exhibit No, 1.—Circular relative to the President's order of December 4, 1891, directing t h a t a plan be devised and p u t in oi^eraV tion for keei)ing an efficiency record of persons in the classified service with a view to placing, x)Tomotions wholly upon the basis of merit 825 Exhibit No. 2.:—Circular relative to competitive examinations for promotion of persons within t h e classified service, a.nd ! of pass examinations, before appointment of chiefs of division and special agents, 828 Exhibit No. 3.—Circular relative to modifications in the plan prepared under the President's order of December 4, 1891, for keei)iug an efficiency,record of all persons in t h e classified service, and of the rules issued to enforce the princix:)le of competitive examinatious for promotion in the Treasury Department 831 Exhibit No. 4.—Circular; rules governing absence chargeable on ^*time ••. . r e p o r t " and ^'general efficiency" and competitiye examinations 833 Exhibit No. 5.—Circular relative to t h e inspection of t h e efficiency records by the clerks in the classified service of this Department, to t h e correction of errors in the same before the clerks enter a competitive examination, and to the prompt report by heads of bureaus b y the 10th of each month 8.33 Exhibits Nos. 6, 7, 8, and 9.—Papers preliminary to comj)etitive examinations 834 Exhibit No. 10.—Form of report used by t h e board of examiners in case of each'candidate examined 836 Exhibit No. 11.—Sj)ecimen examination. Class I I 836 Exhibit No. 12^—Specimen of an average sheet, examination for promotion. .....:. :.... ^ .840 Exhibit No. 13.—Form of certification of the name of an eligible 841 Exhibits Nos. 14, 15, 16, 17, and 18.—Specimen groups of questions in arithmetic, accounts, grammar, and general information 841 Exhibit No. 19.—Table showing the names, in the order of merit, o f t h e candidates examined for promotion i n t h e First Auditor's Office, Treasury Department, under the provi- . sions of Circulars 194 and 195 (1891), which provided for comj)etitive examinations, under the President's letter of December 4, 1891; also a tabulation of the general aA'erages attained b y t h e res}Dective competitors iri each subject 846 Exhibit No. 20.—Exhibit of the distribution of the comj)etitive examinations conducted under t h e President's order of December 4, 1891, and Dex3artmeutal Circulars Nos. 194 and 195 (1891) and No. 110 (1892) 848 Exhibit No. 21.—Promotions, in the Treasury Department as the result o f t h e coihpetitive examinations conducted under the President's order of December 4,, 1891, and Department Circulars Nos. 194 and 195 (1891) and No. 110 (1892) .^ ,;. 850 I . CONTENTS. ; . o REPORT OF BOARD OF IIIXAMINERS OF THE TREASURY DEPARTMENT—Cont'd. XIX' Page. Exhibit No.- 22.—^Table showing the names of the first 50 candidates ih t ' the order of certification of those promoted in the i Treasury Departmentiinder the provisions of CircuI .. ° lars 194 and 195, (1891), which provided for competi; I , tive examinations, under the President's letter of i • December 4, 1891; also a tabulation of the general averages attained b y t h e respective competitors in '. i • each subject * .852 Exhibit No. 23.—Specimens of the various office .questions used in the 1 - exaniination of the candidates for clerkships of ^ Classes A, B, C, D, and E, and for clerkships of I Classes 1, 2, 3, and 4, in the divisions in the office of ; the Secretary of the Treasury and in the several bureaus of the Treasury Department. 856 Exhibit No. 24.—Specimen bureau, division, and general office questions I • used for examination for promotion in the divisions *' . ; of the office of the Secretary of the Treasury and i n \ t h e various bureaus and offices of the Treasury DeI • partment , 856 • I The questions from the Secretary's office— I 1. Assistant Superintendent, Division of .Warrants, Estimates, and Appropriations, DiviI sion of Customs, Division of Appointments, I Division of Public Moneys, Divisions of I Loans and Currency, Division of Revenue , Marine, Miscellaneous Division, Division of ' ' ! Stationery, Printing, and Blanks, Division ; ' , of Mail and Files, Division of Special ' I Agents, Secret-Service Division, arid Office ! » ' o f Disbursing Clerk .-. . 856 ] 2. Supervising Architect ' 873 ^ 3. First Comptroller ...: 879 j 4. Second Comx)troller . . . ' . .*..:. 883_ ' ' 5. Commissioner of Customs 886 '. 6.-First Auditor .887 - 1 7. Second Auditor !...... ... 890 I 8. Third Auditor .....:... 896 I 9. Fourth Auditor 898 I " 10. Fifth Auditor 901 I 11. SixthAuditor 904 ; ,' 12. Treasurer 905 I 13. R e g i s t e r . . . , . . ' . . . . . . 910 i 14. - Com])troller of the Currency . . . . . . : . 912 15. Commissioner of Internal Reveuue 915 ' ; 16. Light-House Board" 922 ! 17. Life-Saving Service 923 ! 18. Bureau of Navigation 934 ! 19. Bureau of Engraving and P r i n t i n g . . ' 929 I 20. Bureau of Statistics -933 21. Marine-Hospital Service '. 934 i 22. Steamboat-Inspection Service 936 ,! 23. Director of the Mint 938" ; 24. Coast and Geodetic Survey 939 I . ,. 25. Civil Service Commission ^., 945 XX ' • ^ CONTENTS/ ' s • R E P O R T OF BOARD OF E X A M I N E R S OF THE 'TREASURY DEPARTMENT—Cont'd. Page. Exhibits-Nos. 24, 25, 26, 27, 28, and 29:—Specimen standard i^ass examination papers, X)repared under the direction of Secretary Fairchild, and used prior to the adoption of the competitive rules . . . . . .* 947 Exhibit No. 30. List of naines of 100 persons in the Treasury Department who attained under the x^a.'SS examination tests of fitness, marks Avorthy of honorable mention.,. 986 Exhibit No. 31. Tabulated list of thenumber of examinations for prouiotion under the x^ass examination system in Treasury Department for year 1891 ; 990 Exhibit No. 32. Sx^ecimen set of examination pax)ers used to test fitness of special agents and chiefs of division . . .." 992 Exhibit No. 33. Photolithograx^hic sx^ecimen of test for typewriters in copying tables f] E x h i b i t No. 34. Sx^ecimen copy from which dictations are taken to test / ° typewriters when examined for x)romotion ....... 997 Exhibit No. 35. Specimen of matter dictated to stenograx^hers 998 Exhibit No. 36. Copy of Secretary Sherman's order j>rov.iding for competitive examinations ....-..' 998 Exhibit No; 37. Specimen papers used in the competitive examinations under Secretary Sherman 999 Exhibit No. 38. Sx>ecinien of series of competitive examination x^ax^ers used under President Grant's Civil Service Commission.... .1003 Exhibit No. 39. Rules used by the Board of Examiners for marking papers 1015 Exhibit No. 40 and 41.—Instructions prepared by the Secretary of the Treasury for x>reparing, folding,, and briefing official . " papers 1017 Exhibit No. 42. Exhibit of the soldier's average when the complimentary marks for war records are given, as compared with a civilian's marks ^. 1019 ANNUAL REPORT ON THE EINANCES. ! • ' TREASURY DEPARTMENT, . Washington^ Bi G.j Becemher 5, 1892. ^ SIR : I have the honor to submit the following report: I' . . •', R E C E I P T S AND EXPENDITURESo . ' •i . , ••• * Fiscal year 1892o " • . ' The revenues of the Government from all sources for the fiscal year ended June 30, 1892, were: From customs $177, 452, 964.15 From internal revenue 153,971,072.57 From profits on coinage, bullion deposits, and assays 2, 020, 512. 39 From sales of publiclands....... .,.^...... 3,261,875.58 From fees—consular; letters patent, and land t...... 3,130, 437. 06 From sinking-fund for Pacific railways ., 1,828,771.46 From tax on nationalbanks 1,261, 338.11 From ^ustoms fees, fines, perialties, and forfeitures 9()9, 249. QQ From repayment of interest by Pacific railways .". 962, 437. 67 From sales of Indian lands ....; 847,813.23 From Soldiers' Home, permanent fund 194, 385.45 From Wx on seal-skins 46,749.23 From immigrant fund '. , 330,128. 65 From sales of Government property 236,498. 38 From deposits for surveying publiclands 149,966.21 From sales of ordnance material l(5l,242. 35 From sales of condemned naval vessels ..• 31, 854.12 From sale of old custom-house, Milwaukee, Wis. ... 64,000.00 From sale of land, Brooklyn na\y-yard ; 593,860.33 From Smithsonian fund....;.,..... : 200,000.00 From navy pension and navy hosx)ital funds, etc ; 1,118,155. 25 From depredations on public lands 61, 623. 85 From ):he District of Columbia... 2,967,044.71 From proceeds District of Columbia ten-year funding bonds 2, 412, 744. 00 From miscellaneous sources 783,059.83 Ffom postal service ...' ;........ 70,930,475.98 Total receipts..........;. 425,868,260.22 The expenditures for the same period were: For the civil establishment, including foreign intercourse, public buildings, collecting the revenues, deficiency in postal revenues, rebate of tax on tobacco, refund of direct taxes, French spoliation claims. District of Columbia, and other miscellaneous expenses $99, 841, 988. 61 For the military establishment, including rivers and harbors, forts, . arseiials, and seacoast defenses 46,895,456.30 For the naval establishment, .including construction of new^ vessels, machinery, armament, equipment, and improvement at navy-yards.. ' 29,174,138. 98. For Indian service ; 11,150,577.67 For pensions ! 134,583,052.79 For interest on the public debt 23,378,116.23 For postal service ;.,.,... 70,930,475,98 Total expenditures... Leaving a surplus of. . i , 415,953,806.56 _../. 9, 914, 453. QQ . . X X I XXII REPORT OF THE SECRETARY OF THE TREASURY. To this sum was added $16,232,721, deposited in the Treasury under the act of July 14, 1890, for the redemption of national bank notes; $4,910 received for 4 per cent, bonds issued for interest accrued on refunding certificates converted during theyear, and $14,418,383.32 taken from the cash balance in the Treasury, making a total of $40,570,467.98, which was applied to the payment of the jDublic debt, as follows: Redemption of— o Bonds, fractional currency, and.notes for the sinking-fund Five-twenties of 1862. ..: Five-twenties of June, 1864.,......; .: .' Consols of 1865 Consols of 1867,... ., Consols of 1868 , Ten-forties of 1864..... National bank notes : Total.......... : $37, .574,179. 98 1,300.00 1,000.00 4,450.00 7, .500. 00 2,000.00 2,200.00 2, 977;838. 00 40, 570, 467. 98 As; compared with the fiscal year 1891, the receipts for 1892 have fallen off $32,675,972.81, as follows: Source. 1891. 1892. Increase. Decrease. iS^l^S, 68G, 249.44 ;fl53,971,072.57 ^8,284,823.13 Internal revenue i Postal service '.....,. • 05,931,785.72 \ 70,930,475.98 4,998,690.26 P r o c e e d s D i s t r i c t of Coluiaibia t e n 2,412,744.00 2,412,744.00 y e a r funding' bonds..., 593, 860.33 593,860.33 Sale ofland, Brooklyn navy-yard 847, 813.23 245,267.85 602,545.38 S a l e s of I n d i a n l a n d s . . . . , 200, 000.00 200,000.00 Smilhsonian fund.... 962, 437.67 823,904.04 ' 138,533.63 I n t e r e s t r e p a i d b y Pacific r a i l r o a d s 1,066, 403.51 134.496.93 931,906.58 R e g i s t e r s ' a n d r e c e i v e r s ' foes... 113,146.97 2,853,897.74 2,967, 044.71R e v e n u e s of D i s t r i c t of C o l u m b i a 030.71 93,007.44 227, 13:1,023.27 C u s t o m s fines, p e n a l t i e s , e t c . . 64,000.-00 . 64,000.00 S a l e of c u s t o m - h o u s e , M i l w a u k e e 128.65 37,857.65 292, 271.00 330, I m m i g r a n t fund 25,295. .51 1,236, 042.60 1,26.1,338.11 T a x on national banks 966.21 18,543.41 422.80 149, D e p o s i t s f o r s u r v e y ing" p u b l i c l a n d s 131, 81,126.75 1,962, 838.93 Miscellaneous items 1,881, 712.18 Customs ., 219,522, 205.23 177,452, 964.15 142,069,241.08 2,020, 5.12:39 Profits on coinage 7,701, 991.82 5,081,479.43 3,261. 875.58 S a l e s of p u b l i c l a n d s 4,029, 535.41 767,659.83 N a s h v i l l e a n d C h a t t a n o o g a R . R . Co..., 500, 000.00 500,000.00 1,828,771.46 S i n k i n g f u n d . Pacific r a i l r o a d s 2,326, 359.37 497,587.91 T a x o n seal-skins.. 269, 673.88 46,749.23 222,924.65 Soldiers' H o m e p e r m a n e n t fund 308, 648.34 • 194,385.45 114,262.89 C u s t o m s e m o l u m e n t fees.... 191,591.45 85,449.34 277, 040.79 C u s t o m - h o u s e fees ., ^ 490,627.50 555, 057.76 64,430.26 S a l e of c o n d e m n e d n a v a l v e s s e l s 31,854.12 46,183.24 78, 037.36 S a l e s of G o v e r n m e n t p r o p e r t y 236,498.38 259, 379.05 22,880.67 S a l e s of o r d n a n c e m a t e r i a l 101,242.35122, 668.01 21,425.66 F e e s o n le'tters p a t e n t 1,286,60.9.02 18,646.79 1,305, 255.81 5,194.92 C o n s u l a r fees 777,424.53 782, 619.45 ; 458,544,233.03 . Net decrease.. Total 32,675,972.81 425,868,260.22 17,441,393.86 50,117,366.67 REPORT -OF l^Miil SECRETARY 01^ T.HE: TREASURY. XXlIl There was a decrease of $10,349,354.16 in tbe ordinary expenditures, as follows: ., • ' -^ • 1891. Source, \ 1892. 1 Increase, j Decrease. CIVIL ESTABLISHMENT. Legislative—' . Executive Proper— $8,156,598.43 ° Department of State— i Treasury Department—, 177,615.59 141,3.32.21 2,028,715.26 135,504.76 1,742,400.25 Revenue Cutter Service Riegulating immigration '. : ' New revenue vessels .4*.. . . . im.. Light-House Establishment Steamboat-Inspection Service F u r n i t u r e for public buildings........ Heating apparatus, public buildings Vaults, .safes, etc., public buildings-^ .. "Interstate Commerce Commission Sinking fund. Pacific railways. French spoliation claims.. Miscellaneous items .....; W a r Department— Salaries and expenses -Navy DepartmentInterior D e p a r t m e n t Salaries and expenses. -Public lands service.". Colleges for agriculture Eleventh Census ' Miscellaneous items .. Post-Office Departments- 5,827.45 286,315.01 51,576.12 3,210,408.77 23,745,03 498,498.64 i 1,191,590.15 j 199,384.68 i 3,906,645.21 I 348,856.05 1 2,610,855.07 1 7,342,077.79 ! 7,342,077.79 257,237.54 204,283121 6,646,276.05 6,964,248.71 3,007,218.81 6,989,845.78 3,688,999.64 4,925.439.50 294,497.69 192,37,. 52 102,126.17 .993,942.82 886,166.26 107,776.56 232,944.09 170,597.88 62,346.21^ 63,021.70 48,949.02 14,072.68 16,049.44 131,618.00 98,660.00 61,500.00 37,160.00 634,278.07 520,212.07 114,066.00 61,131.09 998,567.11 . 1,059,698.20 3,237,317.44 .229,434.11 3,007,883.33 526,069.53 46,414.39 479,655.14 . 273,869.79 278,714.20 1,123,033.84 1,081,052.65 41,981.19 6,319,276.94 1,507,454.78 4,811,822.16 751,664.47 ^ 629,942.24 121,722.23 610,721.63 512,387.95 98,333.68274,415.40 293,697.77 19,282.37 96,542.34 102,767.51 6,225.17 -38,575.13 50,000.00 305,851.61 297,519.86 ,8,331.75 ^ 58,478.68 53,174.06 5,304.62 189,227.06 182,792.48 6,434.58 69,700.00 66,939.07 113,880.23 108,950.47 4,929.76 519,875.73 350,497.42. 169,378.31 218,885.63 222,6.31.10 218, .362.60 249,407.50 31,104.90 2,318,289.70 1,833,422.52 1,085,240.42 102,440.74 278,440.05 368,510.77 90,070.72 .... 200,763.20 218,776.85 96,830.44 421,226.34 8,910,641.85 52,954.33 317,972.66 3,982,626.97 1,236,439.86 115,568.56 4,844.41 '• 11,424.87 2,760.93 3,745.47 484,867.18 982,799.68 • 231,413.26 2,646,361:96 2,414,948.70 .362,691.22 380,539.63 17,848.41 4,733,335.52 2,856,242.10 i 1,081,000.00 I 5,942,977.13 668,150.59 j 4,774,279.84 2, a51,440.O17 1,017,000.00 1,256,422.86 669,066.61 40,944. .32 852,993.36 i 4,741,772.08 876,817.41 4,051,489.71 23,824.05 1,688,379.31 772.01 344,491.00 Deficiency in postal revenues Mail transportation, Pacific railroads ;.... 1,343,888.31 1 9,874.39 1 Miscellaneous items ; Department of Agriculture— j 1,797,147.16 ! Salaries and expenses. ^.....i Department of L a b o r I ' 143,682.50 1 Salaries a n d expenses Department of Justice— .295,233.97 Salaries and expenses Fees of supervisors of elections ...... 1 • 5.14,878.77 881,250.06 Salaries of justices marshals etc 1 Fees and expenses of marshals 1 • 1,296,826.21 1 • Fees of witnesses "..... - 1,318,767.70 ! F e e s of d i s t r i c t a t t o r n e y s . . ; . . . . . . . . . . . . . 342,923.45 i $473,084.11 -$2,718.39 3,158,832.65 474,75.3.61 1 1,392,353.35 418,161.53 4,003,475.65 770,082.39 11,521,496.92 Refnndine* excess of denosits ......... National Museum' 17,683,514.32 1 174,897.20 1 i 504,861.93 64,000.00 4,686,554.27 916.02 j * * 690,282. S 1 9,102.38 i ! 17,751.78 435,375.28 i 1 1 362,146.53 281,256:17 40,038.87 2,913,862.47 1.1^146,715^31 168,259.40 1 . 24,576.90 277,482:19 79,503.49 959,612.96 ; 934,679.68 1,037,511.53 302,884.58 75,362.90 x>:iV REPORT OF THE SECRETARY OF THE TREASURY. Decrease in ordinary expenditures—Continued. Source. Increase. 1891. Department of .Justice—Continued. Fees of jurors ... Fees of clerks , Fees of commissioners.... Support of prisoners Judgments, United States courts.. Miscellaneous items District of Columbia-^ Salaries and expenses Ten-year funding bonds Total Civil Establishment.. $58.3,628.20 304,307.21 220,639.94 412,832.96 60,091.35 383, 813.69 $599,509.51 231,390.97 137,626.10 374,287.51 3,617.00 274,705.82 $15,-881.31 5,635,510.61 6,331,960.56 2,412,744.00 696,449.95 2,412,744.00 110,048,167.49 99,841,988.61 15,286,071.88 Decrease $72,916.24 83,013.84 38,545.45 56,474.35 109,107.87 25,492,250.76 MILITARY, ESTABLISHMENT. Pay Department ..... Subsistence Department Quartermaster's Department.; Medical Department Ordnance Department , , Engineer's Department Signal .Ser vice ..: Military Academy ^ , Improving harbors Improving rivers....... Military posts :.... Expen.ses of recruiting Records of the Rebellion. .'. National Home for Disabled Soldiers.. State homes for disabled soldiers... Support of Soldiers'iHome Soldiers' Home, permanent fund , Soldiers' Home, interest account Horses lost in service Miscellaneous items Total Military Establishment.. 669,625.96 161,536.27 2,024,750.80 125,417.11 14,606,421.69 1,685,577.24 9,234,600.50 807,406.49 2,869,618.00 67G, 465.81 753, 284.70 236, 399.14 3,490,162.52 8,760,464.71 652, 615.40 104, 841.48 199, 560.38 2,600,588.95 481, 822.42 308, 458.44 208,330.00 69,830.93 77,365.95 250.26 936,795.73 524,040.97 209,849.70 681,989.38 694,-947.27 878,562.43 31,697.62 317,471.85 473,678.42 543,530.06 630,744.53 120,709.27 187,439.62 067,444.53 458,333.34 194,254.43 120,900.00 72,879.55 878.04 749,309.56 48,720,065,. 01 46,895,456.30 3,110,930.91 10,609. 197.15 1,208!500.88 1,158,810.03 217, 476.73 1,283. 438.85 4io; 443.19 670. 260.57 l,46i: 192.47 553.15 886.28 274, 544.76 7,210,291.36 448, 301.04 13,756,499.90 1,445,358.35 1,063,616.82 253, 286.55 1,206,735.82 610, 095.18 763, 110.27 1,575,064.12 219, 006.99 878, 987.78 224, 378.32 7,041,529.49 136, 469.39 3,147,302.75 236,857.47 26,113,896.46 29,174,138.98 3,826,343.38 1,825,329.27 202,096.62 721,587.08 81,072.71 983,515.90 216,934.65 21,870.87 15,867.79 12,120.76 533,144.42 23,489.08 114,204.01 87,430.00 3,048.62 76,487.91 146,940.70 4,935,539.62 NAVAL ESTABLISHMENT. Increase of the Navy Bureau of Yards and Docks Bureiau of Equipment..., ., Bureau of Navigation ..:. Bureau of Construction and Repair.. Bureau of Ordnance Bureau of Steam Engineering... Bureau of Provisiohs and Clothing... Bureau of Medicine and Surgery MarineCorps....; Naval Academy............. Pay of the Navy Miscellaneous items •. Total Naval Establishment.. "Indian Service ..v , Pensions .'... ,. Interest on the public debt.. 95,193.21 35,809.82 "76,"m03 199,651.99 92,849.70 113,871.65 11,546.16 51,898.50 . 50,166.44 168,761.87 311,831.65 766,100.86 8,527,469.01 124,415,951.40 37,547,135.37 11,150,577.67 2,623,-108.66 134,583,052.79 10,167,101.39 14,169,019.14 23,378,116.23 Grand total..., 355,372,684.74 345,023,330.58 35,013,556.22 Net decrease. 10,349,354.16 Fiscal year. 1893. 45,362,910.38 ., , For tlie present fiscal cy ear the revenues are estimated as.follows: From From From From customs...... ." internal revenue... miscellaneous sources ppstal service ...: '. r.: Total estimated revenues ............i.. ....*.....°...i ...'. , 1198,000,000 165,600,000 >.. 20, 000, 000 80,336,350 ...,......;.,........ 00 00 00 44 463,336,350 44 . REPORT OF T H E , SECRETARY OF T H E TREASURY. XXV The expenditures for the same period are estimated as follows: For the Icivil establishment i For the military establishment For the naval establishment For the Indian service For pensions Forinterest on the public debt For postal service....... |108, 000, 000 49,000,000 31,000,000 ....: 9,000,000 158.000,000 26,000,000 :.. 80, .336, 350 :... ; ., , Total estimated expenditures 00 00 00 00 00 00 44 461, 336, 350 44 Leaving an estimated surplus for the year of. 2, OQO, 000 00 The following is a statement of the probable condition of the Treasury at the close of the present fiscal year, June 30, 1893: Cash in'the Treasury July 1, 1892, including gold reserve. Surplus for year, asabove Deposits during the year for redemption of natjonal bank notes $126, 692, 377 03 2,000,000 00 2, 500, 000 00 Total amount available 131,192,377 03 Less—; , ' • • Redemption of national bank notes during the , year 19,500,000 00 • Redemption of bonds, interest notes, and fractional currency during the year ,700, 000 00 ,o . —,• 10,200,000 00" Cash balance available June 30, 1893 120, 992, 377 03 Fiscal year 1894. It is estimated that the revenues of the Government for the fiscal year 1894 will be on basis naraed below: ^ . From From From From customs internal revenue... miscellaneous ^sources postal service '. $210,000,000 175, 000, 000 20, 000, 000 85,121,365 : Total estimated revenues. 00 00 00 38 490,121,365 38 The estimates of appropriations required for the same period, as submitted by the several Executive Departments and offices, areas follows: Legislative establishment... Executive establishment— Executive proper State Department..., Treasury Department..... War Department '. Navy Department Interior Department... Post-Office Department... Department of Agriculture Department of Justice riepartment of Labor Judicial establishment Foreign intercourse .' Military establishment Naval establishment Indian affairs.. Pensions = ;..., ' : .: $3,748,414 71 ' $162,120 00 . 145,350 00 9,054,69110 2,252,206 00 427,580 00 4,929,494 00 • 8 9 1 , 9 9 0 003, 315, 500 00 188,900 00 160,470 00 ;... .'. ; 21,528,301 664,600 * 1,737,079 26,301,855 23,671,315 8,123,211 166,831,350 10 00 90 86 21 31 00 XXVI REPORT OF THE SECRETARY OF THE TREASURY, Public Works— Legislative.... .: Treasury Department AVar Department Navy Department Interior Department Department of Justice $1,232,900 5,500,365 10,233,413 800,183 262,812 1,000 00 00 09 00 63 00 ' $18, 030, 673 72 Miscellaneous— Legislative.... .' Treasury Department War Department Interior Department Department of Justice: District of Columbia.; : .- Postal service...'.....%... Permanent annual appropriations— Interest on the public debt..... Refunding—customs, internal revenue, etc Collecting revenue from customs..\ Miscellaneous....;. $3,031,673 11,747,250 5,582,204 3,1.58,466 5, 254, 000 6,733,544 82 68 77 00 00 66 .35,507,139 93 84,249,119 67 : $26,771,293 12,781,300 5, 500, 000 21,815,680 92 00 00 00 66, 868, 273 92 Total estimated appropriations, exclusive of sinking fund....... 457,261,335 33 Or an estimated surplus of..... To which add" cash balance above gold reserve, June 30,1893.. 32, 860, 030 05 20, 992, 377 03 Making an estimated available balance of 53, 852, 407 08 From which deduct accrued and accruing obligationSj estimated as follows: Redemption of past-due bonds, fractional currency, and national bank notes, .'.". ^5,000,000 00 Probable payment on mail-subsidy contracts, not embraced in foregoing estimates 1, 000, 000 00 -^ $6, 000, 000 00 Leaving 47,852,407 08 Against which there will remain on June .30, 1893, unexpended balances of continuing appropriations for heavy ordnance, rivers and harbors, increase of the Navy and public buildings amounting to $44,000,000.00. No account is made in the foregoing of the requirements ofthe sinking fund for 1894, amountlDg to $48,6005 000 beyond the redemption of past due bonds, fractional currency, and national bank notes estimated at $5,000,000. The estimated receipts are based upon conditions prevailing prior to the late election. Public opinion having decreed a change of policy, particularly in the tariff laws, the altered conditions resulting therefrom render it impossible at the present time to estimate the annual income with any marked degree of accuracy, and i t i s impossible to predict the effect that such proposed radical changes would have upon the future revenues of the Governments REPORT OF THE SECRETARY OF THE' TREASURY. XXVll , IJnder all of the circumstances, it would be inappropriate in me to undertake to make an estimate other than as already stated, but it is not out of place to remark that the business community having a fall knowledge of proposed tariff reductions, the inevitable result will be a falling off in importations and^ a correspondiiig decrease in the revenues. The extent of this decrease no one will be able to measure until business shall again adjust itself to new conditions. A careful review of all the facts fully justifies the opinioii that the large increase of receipts ascribed to the marvelous prosperity of the country under the present revenue system would, if continued, enable the Department during, the coming fiscal year to meet all obligations without the slightest impairment of its cash, and thereafter continue to show a material impl^ovement in its condition. The: estimates of appropriations for the fiscal year ending June 30, 1894, ^v^ based upon the reports of the heads of Departments and other data at command. They are believed to be only such as the needs of the public service demand. \ Legislation will determine the amount .to be appropriated and administration will in many instances define the suni to be expended in any one year^ The committees of Congress can, with the data here furnished, more closely determine the appropriations to'be made for tha year ending June 30, 1894, and also of expenditures to be made therefrom, and from continuing appropriations above referred to, than it is possible for the Department to do at this time, . ' ' . ,'• SINKING' FUND. The act of February 25, 1862, section 5 (12 Stat., 346), provides that all duties on imported-goods shall be paid in coin, and that the coin so paid ghallbe set apart as. a special fund and applied, first, to the payment of interest on bonds and notes of the United States; and second, ^^ to the purchase or payment of one per centum of the entire debt of the United States, to be made within each fiscal year after the first day of July, eighteen liundred and sixty-two, which is to be set apart as a sinking fund, and the interest of which shall in like manner be applied to the purchase or payment of the pubUc debt, as the Secretary of the Treasury shallfrom time to time direct.'' The total requirements of the fund to June 30,1892, as shown by the appended table, aggregate $924,394,426.34. The bonds and' other ^ securities annuatlly applied to the fund, including interest paid thereon, aggregate $935,337,061,203 and the total redemption of the debt including amounts applied to the fund since August 31, 1865, when the ^ ^ debt attained its highest point, aggregated $1,914^905,107.83, or $990,- . 510,681.49 more than was required to be paid by the terms of the sinking fund act. It is hardly probable that more than about $7,000,000 can be credited to the fund during the present fiscal year as against a XXVIII THE REPORT O F SECRETARY OF THE TREASURY. legal requirement exceeding $48,000,000, and further applications to the fund during succeeding years must necessarity be limited to such small sums as may from time to time be paid for past due bonds, fractional currency, and national bank notes redeemed under the act of July 14, 1890. • ^ The act of March 3, 1881 (21 Stat. 457), provides that the Secretary of the Treasury may at any time apply the surplus money in the Treasury not otherwise appropriated to the purchase or redemption of United States bonds. In view of this provision and of the very large decrease of the debt already effected in excess of the legal requirements of the act, coupledowith the probable future condition of the national finances, I would strongly urge its repeal. Sound policy would seem to^dictate this course. The conditions which called for its'enactment have long since passed away, and no valid reason for its continuance now exists. I therefore recommend its unconditional repeal. Statement shoiving the annual requirements of the sinking fund, ihe amount of l)onds and other securities applied thereto, the interest and premium paid, thereon, and the total amount expended for the fund from April 1,'[QQ^, to June Zi^.V^^^ Applications to t h e fund. Annual requirement. Fiscal year. \ 1869 ' 1870 ....: 1871..... 1872.. .. ...' 1873 1874 1875..: 1876 1877 1878. 3879 1880 1881.. 1882 1883 1884.. 1885. 1886 1887.... 1888 1889 1890 1891 1892: : . ^ ...: \ i L '. ...i -Total °. $6,725,809 27.660,879 28; 574,562 29,958,187 30,222,250 30,852,447 31,-519,501 33,584,775 33,729,833 35, 429,001 36,955,604 40,135,450 42,737,616 44,905,330 45,389,026 46,486,536 47,393,186 44,872,710 46,537,849 46,818,149 47,804,172 48,321,127 49,077,301 49,063,114 Bonds a n d oth- Interest a n d er securities. premium-paid. 63 $8,691,000 00 14 28,151,900 00 78 29,936,250 00 82 32,618,450 00 79 28,678,000 00 93 12,936,450 00 18 25,170,400 00 82 32,183,488 09 20 24,498,910 05 80 17.012,634 57 63 723,662 99 00 73,904,617 41 13 74,480,351 05 76 ' 60,137,855 55 00 44,897,256 96 04 46,790,229 50 83 45,604,035 43 64 44,551,043 36 60 47,903,248 15 18 43,732,550 00 99 39,066,173 35, 76. 39,847,839 50 37 44,006,111 37 32 37,574,179 98 924,394, 426 34 883,096,637 31 Tofal a m o u n t applied.^^ $1,511,243 23 $10,"202,243 23 4,098,057 22 32,249,957 22 2,910,41.3 73 32,846,663 73 4,365,958 72 - 36,984,408 72 4,063,643 62 32,741,643 62 14,554,109 83 1,617,659 83 25,523,461 56 353,06156, 32,441,006 00 257,517 91 24,504,680 57 5,776 52 17,013,444 49 809 92 . 723,971 76 308 77 3,731,272 02 77,635,889 43 1,768,670 39 76,249,021 44 612,039 53 60,749,895 08 329,761 48 45,227,018,44 318,879 93 • 47,109,109 43 45,875,702 75 271,667 32 . 242;487 45 , 44,793,530 81 48,135,331 57 232,083 42 3,085,592 98' 46,818,142 98 8,737,953 04 47,804,126 39 8,473,506 06 48,321,345 56 5,070,950 22 49,077,061 59 181,109 02 37,755,289 00 52,240,423 89 935,337,061 20 The total-debt of the Uuited states, less cash in the Treasury, at its maximum point, August 31, 1865, was '. $2,756,431,571 43 On J u n e 30,1892, it was 841,526,463 60 Making-a reduction of the debt, less cash in the Treasury, of Or $990,510,681.49 more than the requirements of the sinking fund called for. 1,914,905,107 83 . > One of the embarrassments to the Treasuiy, in the opinion of the Secretary, is the inability, with the limited amount of cash on hand aboye^ the one-hundred-million reserve, to keep up a sufficient gold supply. When the.demand comes for the exportation of gold the Treasury is called upon to furnish it. If this demand should prove to be as large REPORT OF THE SECRETARY, OF THE TREASURY.. .XXIX. the coming year as it has been for the past two years, gold in the Treasury would be diminished to or below the reserve line,, •, The status of this reserve and its^amount, have recently been subjects of discussion. In the bank act of 1882 Congress gave ex;pression to its belief that $100,000,000 in gold was a suitable reserve; by providing that whenever the amount of gold in the Treasury should fall below that sum the issue of gold certificates should cease. In 1885 the then Secretary of the Treasury adopted the practice of reporting-$100,000,000 of the gold in the Treasury as a '^ reserve for the redemption of United States notes,^? and recently the majority of the judiciary Committee ofthe present House of Eepresentatives. expressed the opinion thatiinder existing law the maintenance of this reserve is obligatory. But, if $100,0003000 in gold was a suitable or necessary reserve in 1882 and in 1885, it would seem clear that a greater reserve is necessary now. It should be remembered that since 1882 we have added to our sil ver circulation the sum of $259,016,182 in standard silver dollars coined-under the old silver act of 1878. These dollars are nearly all outstanding, and largely represented by silver certificates. We have also increased the legal-tender paper circulation* by issuing about $120,000,000 of the Treasury notes authorized by the act of July 14, 1890, and to this we are adding about four millions each month in payment of silver bullion x^urchased. o It is true that silver certificates are not redeemable in gold, and that the Treasury notes of 1890 are redeemable in coin;, but since it has been declared to be the established policy of the United States to maintain the two metals, silver and gold, on a parity with each other, it is . obvious that this large addition to our circulation has increased the possible charge-upon our gold reserve. In view, therefore, of these increased and increasing liabilities, the reserve in the Treasury for the redemption of the Government obligations should, in my opinion, be increased to the extent of at least 20 per cent of the amount of Treasury notes issued"and to be issued undei? the act of July 14-, 1890. , ' ' As will be seen by the estimates submitted, the receipts of the current and the next fiscal year are not likely, if present conditions continue, to fall below expenditures. Yet in view of the fact that the surplus for this year will be small, upon tlie basis stated, with the probability of a falling off. in receipts for causes mentioned, I think the revenues should be so increased as to enable the Treasury. Department to maintain a gold reserve of not less than $125,000,000, and to maintain a coinfortable working balance in the Treasury cash. As a general revision . of our customs laws is now probable, I do not feel at liberty to suggest any specialmethod for increasing the revenue, though I should otherwise think that an additional tax on whisky, which could be collected without additional cost, would furnish an easy method* xxx MEPORT : OF THE . SECRETARY OF THE TREASURY. PUBLIC MONEYS. The monetary transactions of the Government have been conducted through the Treasurer of the United States, 9 subtreasury officers, and 202 national-bank depositaries. Thenumber of siich depositaries on ISTovember 1,, 1892, was 159, and the amount of public moneys held by them on^ihat date, including those to credit of the Treasurer's general account and United States disbursing officers, was $15,862,414.81, a re duction, since November 1, 1891, in number of depositaries of 24 and in amount of holdings of $4,515,688.87. \ LOANS AND CURRENCY, Since March 1,1889, there have been purchased and canceled United States bonds of the face value of $233,729,150, for which there was expended the sum of $270,952,431,20. Of the bonds so purchased $121,615,950 were four per cents and $112,113,200 four and one-half per cents. The expenditure was $55,352,493.51 less than the sum which would be required to redeem the bonds and pay interest thereon to the date of their maturity. During the same period there were redeemed at par $25,504,700 four and one-half per cent bonds, and a further amount of $25,364,500 of the same loan has been continued during the pleasure of the Government, to bear interest afethe rate of 2 per cent per annum. The annual interest charge March 1, 1889, was $34,578,459.80; it is now $22,893,990.80. ' _ ' ^ The volume of money in circulation has increased during the twelve. months ended l!^ovember 1, 1892, as shown by the following table: Money in circulation, 's Nov. 1,1891. Gold coin ' Standard silver dollars Subsidiary silver 4.. Gold certificates Silver certificates .\.......' Treasury notes, 1890 United States notes Currency certificates, J u n e 8,1872 National bank notes , $406,770,367 62,135,461 62,105,136 136,100,319 321,142,642 66,°473,484 332,553,989 10,765,000 166,445,763 1,564,492,161 Nov. 1.1892. $411,252,197 61,672,455 65,985,408 120,255,349 324,552,532114,567,423 332,080,234 10,550,000 165,224,137 1,606,139,735 The principal changes are in gold certificates and Treasury notes of the act of July. 14, 1890. Of the former there is a decrease of $15,844, 970, and of the latter an increase of ef 48,093,939. The increase in circulation since March 1, 1889, is $201,933,839, of which $152,048,345 is paper money. The amount of paper money held in the Treasury March 1, 1889, was nearly thirty millions greater than on l^ovember 1, 1892, while the net increase in the issue was $122,366,433. A notable fact connected with this increase is the large quantity of notes of the smaller denominations added to the volume of REPORT OF' THE SECRETARY OF THE TREASURY, XXXI nioney, while at the same time there has been a decrease in the higher denominations. This is shown in the accompanying table: * llible showing the amounts of paper currency, hy denominations, outstanding on March 1, 1889, and on November 1, 1892, and the changes during that period. Denomination. I's . 2's 5's lO's 20's 50's 100'8 500's 1000's 5000's lOOOO's (Ones) (Twos) (Fives).(Tens)....: (Twenties) (Fifties)... (One h u n d r e d s ) . . . . (Five hundreds)... (One thou.sands).. (Five thousands).. (Ten thousands)... Total.. Less decrease- OutstandingMar. 1,1889. $31,438,141 22,986,476 204,567,948 246,407,325 191,306,880 49,129,090 68,863,870 25,883,500 53,597,000 35,385,-000 65,900.000 ^ 995,465,230 Outstanding Nov. 1,1892. Decrease. Increase. $9,022,483 8,642,573 38,067,221 45,145,981 • 31,864,400 $40, 31, 242, 291, •223. 42, 75, 22, 50, 28, 69, $7,116,425 6,815,200 3,554,500 2,675,500 7,005,000 3,160,000 1,117,831,663 142,717,858. 20,351,425' 122,366,433 Net increase. PRECIOUS METALS,' • Beposits and purchases. The value ofthe gold deposited at the mints and assay offices during •the fiscal year-1892, was $66,476,975.98, of which- $61,131,460.04 were original deposits, and $5,345,515.94 were redeposits. Of the^original deposits, $31,961,546.11 were the product of o u r own mines; $24,975,342.39 foreign gold coin and bullion; $557,967.86 light weight domestic gold coin ; and $3,636,603.68 old material. The deposits and. purchases of silver aggregated 72,121,268.03 standard ounces, of the coining value of $83,922,930,01, including 640,461.19 standard ounces, ofthe coining value of $745,263,92 redeposits, Ofthe silver received, 63,130,608.86 standard ounces, of the coining value of "$73,461,072.08, were the product of our own'mines j2,118,077.^89 standard ounces, of the coining value of $2,464,672.45, were foreign silver bullion and coin; 5,593,907.71 standard ounces, of the coining vafue of $6,509,274.43, were uncurrent domestic coins; 1,921,53 standard ounces, of the value of $2,235.96, were trade dollars; and 636,290.85 standard ounces, of the coining value of $740,411017/ consisted of old plate, jewelry, etc. ~ Coinage. The; coinage of the mints during the last fiscal year aggregated 113,556,124 pieces, valued as follows: . Gold..... Silver... Subsidiary silver.. Minor coins.. Total......... .^ $35,506,987.50 8,329,467.00 6,659,811.60 1,296,710.42 51,792,976.52 The number of silver dollars coined during the fiscal year from bullion purchased under the act of July 14, 1890, was 3,450,995, and from XXXII REPORT OF THE SECRETARY OF THE TREASURY. trade-dollar bullion 4,878,472, a total of 8,329,467 silver dollars upon which Ihe seigniorage or profit was $930,487.41. The total coinage of silver dollars from March 1, 1878, to l^ovember 1, 1892, has been as follows : . Actof February 28, 1878 , Act of July 14, 1890 Actof MarcbS, 1891 (trade-dollar bullion) Total $378,166,703 33,167, 570 5,078,472 416, 412„835 The net.profit on the coinage of silver during the fourteen years ended June 30, 1892, including the balances in the coinage mints on July 1, 1878, has aggregated $72,736,065, Bai^s. In addition to the coinage, gold bars were manufactured during the last fiscal year, of the value of $36,125,552.39, and silver bars of the value of $7,130,270.12, a total of $43,255,822.51. Furchases of silver. The purchases of silver during the last year were made under the provisions of the act of July 14, 1890, requiring the purchase of 4,500, 000 ounces in each month. The total amount purchased was 54,335,748 fine ounces, costing $51,106,608, the average cost being 94 cents per ounce. The total amount of silver jiurchased under the act of July 14,1890, from August 13, 1890, to N^ovember 1, 1892, has been 120,479, 981 fine ounces, costing $116,783,590, an average cost of $0,969 per ounce. Frice of silver. The price of silver fluctuated during the last fiscal year from $1.02 to $0,855 per fine ounce, a variation of 161 cents an ounce. Since July 1, 1892, the price still further declined until, on August 11,1892, it reached 83 cents a fine ounce, the lowest price ori record. . The price November 1, 1892, was ^^ cents per fine ounce. The average price of silver during the year, based upon London quotations, was $0,937 a fine ounce. Imports and exports. The net loss of gold by exports during the fiscal year was only $142,654 against a loss in the preceding fiscal year of $67,946,768. The net exports of silver were $5,035,828, against a net import in the previous year of $2,745,365, a difference of $7,781,193. . Farnings and eo^penditures. ,^ The total expenditures for the support of the mint service for the last fiscal year aggregated $1,106,538 against $1,335,910 in the preceding year J a reduction of expenses of $229,371. The total earnings of the mints and assay offices from all sources were '$2,294^288, and the total expenditures and losses of all kinds $1,500,494 a net profit of earnings over expenditures of $793,794. REPORT OF THE SECRETARY p F T H E TREASURY. XXXIII Froduct of gold and silveri The mines of the United States produced during the calendar year 1891 precious metals as follows: ^Fine ounces. Gold Silver 1,604,840 58,330,000 ;...... ... '..' Commercial value. Coining value. $33,175,000 57,630,040 $33,175,000 75,416,565 The product of the mines and reduction works of the United States, including precious metals contained in foreign material reduced in the United States, was o Fine ounces. Gold....,..,.. Silver....... 2,169,863 69,336,415 . The product of gold and silver in the world, based upon returns to the Director ofthe Mint, was, the same year: ^ Commercial value. Fine ounces. Gold Silver... 6,102,893' 143,994,000 • Coining value. $126,159,000 142,266,000 $126,159,000 186,174,000 WorW s coinagCo The coinage of gold and silver by the various countries of the world aggregate, for the calendar year 1891, so far as rei3orts have be^ii received: Gold Silver.„.o,.oo.......:.................0......O,, o „ , 1119,183,735 ...„ 135,008,142 Metallic stoch of the United States. The stock of gold and silver in the United States, based upon official tabulations brought forward from year to year, was, on l^ovember 1, 1892, approximately: Gold....,0.... Silver Total.. $656, 041, 863 587,614,951 ....; , ,..., 1, 24a, 656, 814 Use of gold and silver in the arts and manufactures.. According to the information gathered by the Bureau of the Mint, the valueof the gold and silver used in the industrial arts in the United States during the last calendaryear was^ approximately: gold, $19,700,000, and silver, $9,630,000, of which $10,697,679 gold and $7,289,073 silver were new bulliouo M 9 2 — 3 XXXIV REPORT OF THE SECRETARY OF T H E TREASURY. MONETARY CONFERENCE. As early as the month of April, 1891, investigation was begun by this Department to ascertain the state of public sentiment in Europe regarding the propriety of an agreement to hold a monetary conference of representatives ofthe leading nations on the subject of the money uses of silver. Upon the ascertainment that the leading nations were favorably disposed to the holding of such a conference, the United States, addressed an invitation, through the State Department, to the governments of Europe, of Mexico, and Turkey. All of the countries to which this invitation was addressed accepted it. Upon conference with the governments named, after considerable delay, occasroned by a variety of causes, Brussels, Belgium, was agreed upon as the place, and November 22, 1892, as the time, for the conference to assemble. For this country five commissioners were appointed, as follows: Hon. Wm. B. Allison of Iowa, Hon. John P. Jones of Nevada, Hon. James B. McOreary of Kentuckj^, Mr. Henry W. Cannon of I^ew York, and E. Benjamin Andrews of Ehode Island. By usage the American minister, Mr. Terrill, was added. This conference is now in session ; as yet little is known as to what its action may be beyond the general fact that the subject of the better use of silver as a nioney metal is receiving its earnest attention. Whatever may be the outcome of the conference, it is safe to predict that a clearer idea will be had of the views and purposes of the countries represented. NATIONALBANKS. The report of the Comptroller of the Currency-^ gives complete and detailed information as to the organization, condition, and management of all active and failed national banks during the year ended October 31, 1892. / One hundred and sixty-three banks, with an aggregate capital of $15,285,000, were organized during the year, 53 went into voluntary liquidation and 17 became insolvent, leaving a net increase of S3 for the year. Of the new banks organized during the year, about one-half were west of the Mississippi Eiver and 35 per cent were in the Southern States. The total number of banks in operation October 31, 1892, was 3,788, having an aggregate capital of $693,868,665, and surplus and undi° * See page 304, REPORT OF THE SECRETARY OF THE TREASURYo XXXV vided profits of $340,524,179. The total amount of individual deposits was $1,765,422,983; total bank deposits, .$530,;653,202; and total resources, $3,510,094,897. The national bank circulation outstanding shows a net increase of $10,487,226, and the gold held by the banks, as compared with last year, shows an increase of $21,994,115. Surplus and undivided profits, increase, $9,663,020; individual deposits, increase, $177,104,902; bank deposits, increase, $100,058,428. Of the liabilities of the 17 banks that failed during the year twothirds of the amount belonged to the Maverick l^ational Bank of Boson, Aside from 'this one institution, the failures were not of a serious character. The estimated value of the assets indicate that over 85 per eent will be paid to creditors. The Maverick National Bank as already paid 85 per cent, and there is a probability of an additional dividend of from 2 to 5" per cent. The domestic exchange drawn by banks for the year ended June 30, 1892, was $12,994,959,590, an increase over the preceding year of over 10 per cent. » * . The following recommendations of the Comptroller are approved : (1) That the minimum deposit of Government bonds required of national banks be $1,000 for banks of $50,000 capital, and $5,000 for banks whose capital exceeds $50,000. • ' (2) That banks be allowed lo issue circulating notes equal to the par value of the bonds held to secure circulation. (3) That the monthly withdrawal of bonds pledged to secure circulation shall not exceed $4,500,000' in the aggregate, • (4) The banks should only be assessed in amount sufficient to defray the actual cost to the Government of providing circulation and maintaining Government supervision, and the tax should be placed upon capital as well as circulation, (5) That the limit of the amount which may be loaned to any person, company, corporation, or firm to 10 per cent of the capital stock of the bank be so amended as to read ^^ capital and surplus, ^^ and also that an exception be made in favor of temporary loans secured by collateral in our largest business centers. ' (6) That the Government issue bonds having 20, 30, and 40-years to run, at a low rate of intejest, with which to retire the present bonded debt of the United States, which bonds may be used as a basis to secure national bank circulation. The Comptroljer shows that by exchanging a 2 per cent bond, having the same length of time to run^ for the 4 per cent bonds, at the. XXXVI REPORT OF THE SECRETARY OF THE TREASURY. market value of each, on the 31st of October, 1892, the Government could have saved $67,161,551.47. In addition to furnishing a permanent basis for circulation, it wbuld prove a great saving to the taxpayers of the country. (7) That the Comptroller ofthe Currency, with the approval of the Secretary of the Treasury, be empowered to remove officers and directors of banks for violations of law, leaving the vacancy so caused to be filled in the usual way, first giving such officers and directors an opportunity to be heard. (8) That bank exaniiiners be required to take an oath of office before entering upon the discharge of their duties, and give bond in such amount and with such sureties as the Comptroller of the Currency may require. ' (9) That the Comptroller of the Currency be allowed to appoint two general examiners, of conspicuous ability and experience, to be paid out of the public funds, whose duty it shall be to visit, assist, and supervise the various examiners in their several districts, in order to secure uniformity in method and greater efficiency in work. (10) That the law be so amended as to prohibit officers and employes of a bank from borrowing from its funds in any manner except upon application to and approval by the board of directors. . (11) In order to facilitate the collection of assessments upon stockholders of failed national banks, that the receivers of such banks be required to file with the county clerk or register of each county in which any stockholder may reside, a statement showing the names of the stockholders who reside in such county, and the amount pf the stock held by them respectively, the filing of such statement to constitute a lien upon any realty of said stockholder, which lien may be vacated upon motion and giving proper bond, and shall be discharged by the receiver upon payment of the assessment. (12) That section 380, United States Eevised Statutes, be so amended as to leave it discretionary with the Comptroller of the Currency whether United States attorneys shall be employed by receivers of failed national banks. The Comptroller submits a table showing the location of the various failed banks, and the location of the various United States attorneys in whose districts they are situated, from which it appears that when the district attorney does not reside in the same place, as happens in a few instances, the distances range from 28 to 435 miles, a gi\eat majority of the cases being over 100 miles, and the average being above 200 miles, sliowing the physical impossibility of these attorneys to properly repre- REPORT OF THE SECRETARY OF THE TREASURY. XXXVII sent these trusts. This results in the emi^loyment of local attorneys and the payment of double fees. The Comptroller's argument in favor of national bank circulation, to which special attention is invited, shows that it is more elastic, more economical, and better calculated to serve the interests of the public. He criticises and condemns State bank circulation from a historical standpoint, and shows the weakness and impolicy of Congress dividing with the forty-four State sovereignties the responsibility of furnishing the people with money; that the currency furnished by this chain of sever- • eignties would be no stronger or better than that of the weakest link. Congress, by the Constitution, must furnish all money, of full debtpaying power, and by every consideration of public policy and public necessity should furnish all the money that the people require. The Government can only redeem its bonds in coin of standard value; it can not issue money except in exchange for some value—for something purchased. Every increase or dimunition of the currency of the country by the General Government must of necessity be arbitrary, and hence a currency so created is nonelastic. The experience of the Government in purchasing silver as a basis for coinage, or for issuing Treasury notes, does not commend itself on the score of economy, and the depreciation in the value of silver in the hands of the Government is in sharp contrast with the more than $72,000,000 paid into the Treasury of the United States by the national banks as a tax upon circulation. The subject of bank examiners, the duties of directors, and unsafe methods of banking are discussed at length. . Financial disturbances abroad occasioned larger exports of gold, in addition to the large merchandise balance in our favor. The after effects ofthe quasi-panic of 1890-'91, and the threatened visitation of cholera, have affected trade and embarrassed business to a certain extent; nevertheless the year has been one of general prosperity. Speculation has been held in check and business has been undergoing a hardening process. The results, as reflected in the banks, show steady growth and increased strength of business conditionSo ' CUSTOMS ABMINISTRATIONo , ' , The benefits accruing from the operation ofthe actof June 10,1890, known as the ^^ customs administrative act,'' have been so decided as to h ave demonstrated the wisdom of its enactment. The reports that have reached this Department show that both the i mporters and customs officers have obtained relief from many evils which it was intended to remedy, and that undervaluations have been decreased. Special attention is XXXVIII REPORT OF THE SECRETARY OF THE TREASURY. invited to the annual rex30i't of the General Appraisers* as showing the valuable service they are rendering and emphasizing the wisdom of the establishment of this tribunal. Certain minor fe^atures of this act, however, in my opinion, should be amended, especially sections 7, 8,15, and 19, to which I invited the attention of Congress in my last annual report, I renew the recommendation I then made, that section 7 be so modified as to limit the additional duty to not more than 100 per cent; that section 8 be repealed, as experience has shown that it is imj)ossible of practical administration; that section 15 be so amended as to authorize the taking of testimony on appeal from the decision of the Board of General Appraisers by commissioners appointed by the court for that purpose, as well as by one ofthe general appraisers ; and that section 19, which imposes additional duties on unusual coverings, be modified so that such coverings shall pay but a single duty, at the rate to which they would be subject if imported separately, hot less than that imposed upon their contents. In this connection, I renew the recommendations of my predecessors and myself as to certain other amendments of the customs laws. Among such recommendations I invite especial attention to the following, which I deem of urgent importance: First, The abolition of all fees, commissions, emoluments, and perquisites now authorized or allowed to collectors or surveyors of customs and the compensation of these officers by fixed salaries. Second. The consolidation of the customs districts demanded alike for reasons of economy and the changed condition of commerce and transportation. This might be accomplished by authorizing the Secretary of the Treasury to change the boundaries of customs districts, and to abolish districts when the expenditures exceed the receipts therein. The Secretary of the Treasury should also have authority to designate or discontinue minor ports within collection districts. Third, The revision and codification of the customs and navigation laws which I especially urge with such modification and new provisions as practice and experience have demonstrated are required for the efficiency of the service. The original legislation on these subjects dates from the foundation of the Government; subsequent partial and fragmentary legislation has introduced confusion and doubt as to the true intent of the law, and consequent embarrassment in its administration. The result has been litigation and loss to business interests that would be in a great measure obviated by the action I recommend. These laws are now scattered through the statutes and should be brought together and enacted in one harmonious code. This subject *See page 799. REPORT Oi' tllE SECRETARY 0'^^ THE TREASURY, Xlim has heretofore, been called to the attention of Congress, but the details of the work are of a kind that can hardly receive attention from a committee of Congress necessarily engaged upon other duties. I therefore recommend that provision be made for a revision and codification of these laws, by a commission or otherwise, to be reported to Congress at an early date. FOREIGN COMMERCE. The value of our foreign commerce (imports and exports of merchandise) during the last fiscal year was greater than for any previous year. It amounted to $1,857,680,610, as against $1,729,397,006 during the year 1891, an increase of $128,283,604. The value of imports of merchandise during the last fiscal year amounted to $827,402,462, as against $844,916,196 during the fiscal year 1891, a decrease of $17,513,734. The value of exi)orts of merchandise during the last fiscal year was the largest in the history of our commerce, amounting to $1,030,278,148, as against $884,480,810 during the fiscal year 1891, an increase of $145,797,338. • '. The value of the exports of merchandise exceeded the value of imports of merchandise $202,875,686. ^ The value of the imports and exports of merchandise and specie during the last four years ending June 30, has been as follows: * Merchandise. 1889. 1890. 1891. $730,282,609 12,118,766 $845,293,828 12,534,856 $872,270,283 12,210,527 $1,015,732,011 14,546,137 742,401,375 745,131,652 857,828,684 789,310,409 884,480,810 844,916,196 1,030,278,148 827,402,462 1892; Exports-^ Foreiia^n Total Imnorts E x c e s s of e x p o r t s . . . • E x c e s s of i m n o r t s 68,518,275 ' 39,564,614, 202,875,686 2,730,277 Specie. 1889. ExportsGold Silver Total ImportsGold Silver Total ;. E x c e s s of e x p o r t s , 1890. 1891. 1892. $59,952,285 - $17,274,491 36,689,248 34,873,929 $86,362,654 22,590,988 • $50,195,327 32,810,559 .96,641,533 52,148,420 108,953,642 83,005,886 10,284,858 18,678,215 12,943,342 21,032,984 18,232,567 18,026,880 49,699,454 19,955,086 28,963,073 67,678,460 33,976,326 18,172,094 36,259,447 72,694,195 69,654,540 13,351,346 REPORT OF THE SECRETARY OF THE TREASURY. XL The above table does not'include gold and silver contained in iml^orted and exi^orted ores and copper matte which were for 1891 and 1892, as follows: 1891. G o l d i n o r e s a n d c o p p e r m a t t e .. S i l v e r iri o r e s a n d c o p p e r m a t t e . . Exports. Imports. E x c e s s of imports. Exports. I Imports, $100,226 $283,545 942,563 8,252,036 $183,319 7,309,473 $110,206 $463,425 990.003 8,809,648 E x c e s s of imports. $353,219 7,819,645 Commerce with the ivorld. The following table shows our commerce in merchandise with leading countries and grand divisions of the globe, during the year ending June 30, 1892 : " Exports. Countries and g r a n d divisions. Imports. Domestic. Foreign. Total Total exports and imports. E x c e s s of e x p o r t s -fo r of i m p o r t s —. COUNTRIES. United Kingdom Germany France Belgium Netherlands..; : Italy., Britisli N o r t h A m e r i c a n Possessions Mexico West Indies Brazil.. China..... British India and. East Indies..": Japan ?. AU o t h e r c o u n t r i e s Total Dollars. 493,957,868 104,180,732 97,896,132 47,713,121 43,556,865 14,223,947 - Dollars. 5,357,464 1,340,826 1,230,575 1,071,996 ,361,119 93,835 Dollars. 499,315,332 105,521,558 99,126,707 48,785,117 43,917,984 14,317,782 Dollars. 156,300,881 82,907,553 68,554,793 10,273,061 10,886,802 22,161,617 DoUars. Dollars. 655,616,213J + 343,014,451 188,429, 111: - h 22,614,005 167,681,500 + 30,571,914 59,058,178 -}- 38,512,056 5 4 , 8 0 4 , " " + 33,031,182 36,479,399 — 7,843,835 42,580,578 2,305,410 597,468 13,696,531 907,595 37,600,708 51,864 14,240,009 26 5,663,471 44,885,988 35,334,547 14,293,999 28,107,525 38,508,303 99,606,305 14,291,873 118,633,604 5,663,497 20,488,291 80,220,535 -h 9,551,441 42,401,524 — 13,813,526 138,114,608 — 61,098,002 132,925,477 — 104,341,731.' 26,151,788 14,824,794 166 3,674,141 3,288,282 1,' 93,459,626 1,225,964 3,674,307 24,773,107 3,290,-111 23,790,202 94,685,590 125,584,174 28, 447,404 21,098,800 27,080,313 — 20,500,091 220,269,764 30,898,584 1,015,732,011 14,546,137 1,030,278,148 827,402,462 1,857,680,610 + 202,875,686 GRAND DIVISIONS. Europe North America South America...... Asia •Oceanica.,...,. ; Africa All other countries Total 841,087,922 9,535,228 850,623,150 101,463,351 4,102,833 105,566,184 32,573,922 33,147,614 573,692 19,581,056 19,590,350 9,294 15,274,896 15,572,767 297,871 5,035,162 5,061,265 26,103 715,702 716,818 1,116 628,469 ,242,251,619 458,994,681 054,181 279,620,365 • 68,487,997 727,759 183,875,373 • 117,580,145 138,251 99,728,601 • 60,547,901 133,062 38,705,829 • 7,560,295 318,052 10,379,317 256,787 402,688 3,119,506 - 1,685,870 1,015,732,011 14,546,137 1,030,278,148 827,402,462 1,857,680,610 + 202,875,686 It will be observed that the value of our total trade in merchandise with the United Kingdom amounted to $655,616,213, of which the value of exports was $499,315,332, and the value of imports $156,300,881, showing an excess in exports of $343,014,451. Our import and export trade with the United Kingdom forms 35.3 per cent of such trade with all nations, and about 53 per cent of such trade with all Europe. Our trade with IsTorth America, including the REPORT OF THE SECRETARY OF THE TREASURY. XLI West Indies, stands next in value, followed by that with South America and that with Asia and Oceanica. Our trade with Germany showed an excess of exports of $22,614,005, with France of $30,571,914, and with Belgium and the Netherlands together of $69,083,970. In our total trade with Europe the excess of exports over imports was $458,994,681. Our commerce in merchandise with ]^orth America, including Mexico, Central America, and the West Indies, amounted to $279,620,365, of which, the value of imports' was $174,054,181, and of exports $105,566,184, an excess of imports of $68,487,997 ; but if our export trade by land carriage with Mexico and Canada had been correctly ascertained by means of an adequate law for that purpose, it is estimated that the value of our exports to the countries of IsForth America would appear about $133,000,000, and the total value of the exports and imports to and from the same countries would be about $307,000,000, which would reduce the excess of imports to about $41,000,000 instead of $68,000,000 as it now appears. Our total trade with South America in merchandise amounted to $183,875,373, of which the value of imports was $150,727,759, and of exports $33,147,614, an excess of imports of $117,580,145. Values of the imports and exports of merchandise of the United States carried in cars and other land vehicles during each fiscal year from 1871 io 1892, inclusive. • Imports and exports in cars and other l a n d vehicles. Y e a r e n d i n g J u n e 30— 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 '. : Y e a r e n d i n g J u n e 30— 1882 $22,985,510 27,650,770 1883 27,869,978 1884 23,022,540 1885 • 20,388,235 1 1886 18,473,154 1 1887 17,464,810 1 1888 20,477,364 1889 19,423,685 1890 20,981,393 1891 25,452,521 1892 .• Imports and e x p o r t s in cars and other l a n d vehicles. . ."^ $34,973,317 48,092,892 46,714,068 45,332,775 43,700,350 48,951,-725 54,356,827 60,664,378 73 571 263 72,' '856,194 72,948,067 Exports. The total value of exports of domestic merchandise was $1,015,732,011, an increase of $143,461,728, and was the largest in the history of our commerce. The material increase or decrease in the values of the principal articles of domestic exports was, during the last fiscal year, as. follows: Increase in— Breadstuffs , Cattle. ; Fruits, including nuts... Seeds Beef, fresh.. ,. 1171,241,461 4, 653, 846 4,191, 352 3,751,383 2,731,678 XLIl REPORT OF T H E SECRET^ARY OF T H E TRfiAgURt, Increase in—Continued. Copper, manufactures of. Oil cake and oil-cake meal.,..., Bacon Oleomargarine Vegetable oils , 1. - $5l, 611, 795 2, 261,110 1,929,944 1, 093, 322 1,032,019 \ Decrease in— Cotton, unmanufactured , Mineral oils..... " Sugar, refined.; Beef, salted, pickled, and otlier cured '. Hog products, except bacon Carriages, horse cars, and cars for steam railroads Copper ore Leather, and manufactures of. ^ ................I $32, 251, 657 7,220,742 5,473,269 3,383,824 1,722,076 1,636, 685 1, 224,116 . 1,194,066 Comparing the exports of the year 1890 with those of the year 1892, there was an increase in the value of domestic exports to— United Kingdom. France Belgium. Netherlands Germany Spanish West Indies China Brazil.. ; $49,498,859 48,883,128 21,572,744 21,069,277 , „ . „ . . . 19, 865, 517 ,.,.... 5, 513, 833 2,719,681 2,337,513 : .: Decrease to— Argentine Republic Russia in Europe Japan..... Spain British India and East Indies Hawaiian Islands . . ...'. $5,679,302 3,840,474 1,938,903 1,214,125 981,110 944,882 The values of the principal articles of domestic exports during the three years ending June 30, 1892, were as follows : 1892. Breadstuffs Cotton, unmanufactured Provisions, including meat and dairy products.. Mineral oils Animals Iron and steel, and manufactures of. Wood, and manufactures of Tobacco, and manufactures of.... .. Cotton, and manufactures of... Leather, and manufactures of. Oil cake and oil-cake meal Coal.. Naval stores (rosin, tar, pitch, turpentine, and spirits of turpentine) Copper, and manufactures of Chemicals, drugs, dyes, and medicines Fruits, including nuts Seeds. Copper ore Vegetable oils...!. Fish Paraffin and paraffin wax.. Agricultural implements.... Total., Value of all domestic exports Per cent of articles enumerated above.. $154,925,927 $128,121,656 250,968,792 290,712,898 136,264,506 139,017,471 51,403,089 52,026,73433,638,128 32,935,086 25,542,208 28,909,614 28,274,529 26,270,040 25,355,601 25,220,472 9,999,277 13,604,857 12,438,847 13,278,847 7,999,926 7,452,094 6,856,088 8,391,026 $299,363,117 258,461,241 140,362,159 44,805,992 36,498,221 28,800,930 25,790,571 24,739,425 13,226,277 12,084,781 9,713,2048,649,158 7,444,446 2,349,392 6,224,504 4,059,547 2,637,888 6,053,236 5,672,441 6,040,826 2,408,709 3,859,184 8,191,613 4,614,597 6,545,354 2,434,793 2,500,899 7,260,893 4,302,936 4,996,621 3,714,649 3,219,130 790,417,091 813,722,280 960,938,424 845,293,828 872,270,283 1,015,732,011 93.51 93.29 94.61 7,226,392 6,693,855 6,626,145 6,252,282 6,036,777 5,334,955 4,522,763 3,965,263 3,794,983 E E P O R T OF THE SECRETARY OF THE TREASURY. XLili The value of the domestic exports during the two years ending June 30, 1892, classified by groups according to character of production, was as follows: 1892. Values. Products of agriculture Products of manufacture , , Products of mining (including mineral oils) Products ofthe forest Products of the fisheries other products Total....... ;, $642,751,344 168,927,315 ' 22,054,970 28,715,713 . 6,208,577 3,612,364 872,270,283 Per cent. Values. Per cent. 158,510,937 20,692,885 27,957,423 5,403,587 3,838,947 78.70 15.60 2.04 2.75 .53 .38 100.00 1,015,732,011 100.00 73.69 19.37 2.53 3.29 .71 .41 $799,382,232 ImportSo During the last fiscal year the value of imports of merchandise was $827,402,462, a.decrease of $17,513,734 from the imports of the fiscal year 1891. The value of free merchandise imported was $457,999,658, and of < dutiable was $369,402,804, an increase in the value of free merchandise of $91,758,306, and a decrease in the value of dutiable goods of $109,272,040, caused mainly by the transfer of sugar from the dutiable to the free list by the new tariff. The material increase or decrease in the value ofthe principal classes of free and dutiable imports during the year ending June 30, 1892, as compared with 1891, was as follows: Increase in— . Free,of d u t y : Sugar and molasses ,...., Coffee India rubber and gutta percha, crude.... Textile grasses and fibrous_ vegetable substances Dutiable: Flax, hemp, and jute, manufactures of. Tobacco, leaf, suitable for cigar wrappers $61, 386,453 30, 677, 830 1, 812, 286 1,172, 423 2, 269,123 2,166, 058 Decrease in— ' Free of d u t y : Hides and skins other than fur skins Eggs Animals Fruits, including n u t s . ,...,,, Dutiable: Sugar and molasses -. Iron and steel, and manufactures of Silk, manufactures of. ". Wool, manufactures of. Tobacco, leaf, other than suitable for,cigar wrappers.... Fruits, including nuts : Yegetables ....,.oo.....,cooo.,.,„.............„„..,.,.„.oo.o...... $1, 272, 626 1,053,964 -789, 307 773,236 52,128, 440 24, 820, 275 6^ 707, 249 5, 494, 201 5,117, 797 4,265,994 4,193,147 ' ' XLIV REPORT OP THE SECRETARY OF THE TREASURY. Dutiable—Coiitinucd. Flax, hemp, and j ute, unmanufactured Barley Seeds Rice , Cotton, manufactures.of Chemicals, drugs, dyes, aud -medicines Wines..... .^ $3, 335, 034 1,630,553 1,606,133 1,480,560 • 1,388,783 1, 244, 009 1,062,557 , Comparing the imports of the year 1890, the last complete year prior to the new tariff act, with the imports of the year 1892, there.was an increase in the value of imports from— Brazil Spanish West Indies....Mexico •China British Australasia 'British India and East Indies.... Japan Central American States Italy $59, 314, 848 23,324,461 5,416,610 4,227,820 4,214,630 3,968,788 2,686,878 2,167,344 1,831,566 And a decrease in the value of imports from— United Kingdom. ". Germany France „ Netherlands Philippine Islands Hawaiian Islands British North American Possessions : ^...: , $30,188, 075 15,930,130 9,117,518 6,142, 431 5,283,973 4,238,026 :...... 4, 062,433 Comparing the imports ofthe year 1891,with those of the year 1892, there was an increase in the value of imports from—v Brazil Spanish West Indies Japan British Australasia....'. British East Indies : •. $35,403,009 16,301,173 4,481,004 2,253,285 1,416,118 And a decrease in the value of imports from— United Kingdom Germany Franfce Hawaiian Islands..... Austria-Hungarj^ ^ British West Indies Quebec, etc Venezuela Nova Scotia, New Brunswick, etc Netherlands ; " $38,422,381 14,408,830 8,134,202 5,819,715 3,876,745 ' 3,853,052 2, 681, 385 1,753,203 1,640,417 1,535,372 Imports entered for consumption. The value of imported merchandise entered for consumption and the duty collected thereou; during the last five fiscal years, has been as follows s REPORT: O F THE SECRETARY OF THE TREASURY.V a l u e of m e r c h a n d i s e . Y e a r e n d i n g J u n e 30— F r e e of d u t y . I Dutiable. $192,912; 234 211,530,759 233,093,659 244,104,852 256,574,630 266,103,048 388,064,404 458,074,604 $386,667,820 413,778,055 450,325,322 , 468,143,774 484,856,768 507,571,764 466,455,173 355,526,741 1885 1886 1887 1888 1889 1890 1891 1892 Ordinary duty collected. $177,319,550 188,379.397 212,032,424 213,509,802 218,701,774 225,317,076 215,790,686 174,124,270 XLV A v e r a g e rate collected o n D.utiable. P e r cent. 45.86 45.55 47.10 45.63 45.13 44.41 46.28 48.71 Free and dutiable. P e r cent. ' 30.59 31.13 31.02 29.99 29.50 29.12 25.25 21.26 TRADE WITH AMERICAN COUNTRIES SOUTH OF THE UNITED STATES. The following table exhibits the total values of our import and export trade in merchandise with countries to the south of us during the years ended June 30, 1891 and 1892, The total value of our imports of merchandise from Mexico, Central America, the West Indies, and South American States, during the fiscalyear 1892, amounted to $288,894,902, or 34,92 per cent of our total imports of merchandise. The value of our exports of merchandise to these countries during the same year was $92,545,868, or 8.98 per cent of the value of our total exports of merchandise. Our total imports and exports'of merchandise from and to these countries during the same year amounted to $381,440,770, or 20.53 per cent of our total imports and exports of merchandise. It will be seen that the excess of imports of merchandise from these countries over our exports to them during 1892 amounted to $196,349,034, in other words, our imports of merchandise were 75.74 per cent, and exports 24.26 per cent, ofthe total trade with these countries, and we imported merchandise to the value of $3.12 for every dollar in value exported to these countries. ^ The excess of imports over exports of merchandise for the fiscal year 1891 was $152,099,061. For the fiscal year 1890 this excess was $108,054,472, , ^ Our commerce with this entire group of countries shows a gradual increase of both imports and exports of merchandise since 1870, During the year 1870 the value of imports, was $117,398,951 and of exports $55,140,322, an excess of imports of $62,258,629. During the year 1880 the value of imports was $178,985,906 and of exports $61,546,474, an excess of $117,439,432 in imports. The per cent of our commerce with these countries, as compared with our total commerce was in 1870, 20.82; in 1880, 15.99, and in 1892, 20.53o Table showing the value of imports and exports of merchandise in the trade of the United States with Mexico, Central America, the West Indies, and South America, and the excess of imports or of exports, during the years ending June 30, 1890, 1891, and 1892. Imports. Exports, . domestic and foreign. 1892. 1891. 1890. C/Ountries f r o m w h i c h imported and to which exported. E x c e s s of imports. E x c e s s of exports. Exports, domestic and foreign. E x c e s s of imports. E x c e s s of exports. Imports. $27,295,992 a$14,969,620 $12,326,372 462,839 219,090 $243,749 $28,107,525 233,525 Imports. <! Exports, domestic and" foreign. E x c e s s of imports. E x c e s s of exports. O H O $22,690,915 a$13,285,287 354,468 186,831 $9,405,628 2,281,681 1,655,690 1,676,711 1,453,958 984,404 1,345,719 1,373,019 1,126,170 899,546 . 552,024 935,962 282,671 550,541 554,412 432,380 2,618,199 1,705,961 2,532,305 1,783,066 1,159,591 1,997,944 1,692,942 1,331,049 1,150,460 • 640,921 620,255 13,019 1,201,256 632,606 518,670 3,182,838 1,657,873 2,086,046 2,330,702 962,329 1,851,352 1, 307,179 -1,154,023 1,294,268 515,224 1,331,486 350,694 932,023 1,036,434 447,105 Ul 8,052,444 5,296,478 2,755,966 9,799,122 6,813,316 2,985,806 10,219,788 6,122,046 4,097,742 H West I n d i e s Cuba and Puerto Rico . . . 57,855,217 B r i t i s h W e s t I n d i e s . 14,865,018 5,284,006 All other 15,381,953 8,288,786 9,526,483 42,473,264 6,576,232 64,878,505 14,380,122 16,293,184 9,779,138 5,290,016 -10,300,191 50,498,383 6,514,046 81,179,678 12,440,132 5,986,495 20,809,5738,130,257 9,568,473 60,370,105 4,309,875 78,004,241 33,197,222 44,807,019 86,461,705 34,459,451 52,002,254 99,606,305 38,508,303 61,098,002 3,575,253 10,966,765 2,585,828 4,028,583 989,425 6,938,182 4,765,354 12,078,541 3,182,644 4,784,956 1,582,710 7,293,585 4,116,886 10,325,338 3,134,152 4,049,155 982,734 6,276,183 Guianas: British Dutch French 4,326,975 574,114 17,647 2,106,345 279,519 160,933 2,220,630 294,595 4,883,206 724,190 46,520 1,858,742 253,983 155,954 3,024,464 470,207 4,363,204 570,193 • 5,850 1,933,299 337,042 ' 156,727 2,429,905 233,151 Total...... 4,918,736 2,546,797 2,371,939 5,653,916 2,268,679 3,385,237 4,939, 247 2,427,068 2,512,179 Brazil 59,318,756 Uruguay ,,.. 1,754,903 A r g e n t i n e R e p u b l i c 5,401,697 3,183.249 Chile .'.....: 11,972,214 3,351,874 8,887,477 3,226,364 47,346,542 83,230,595 2, 356,739 5, 976,544 3,448,290 14,120°246 1,076,575 2,820,035 3,145,625 69,110,349 1,280,104 3,156, 509 302,665 118,633,604 2,480,596 5,343,798 3,487,159 British H o n d u r a s Central American states— Guatemala Costa Rica Total Total .* South America— Colombia Venezuela $167,637 a$14,293,999 $13,813,526 473,906 $240,381 •W 4,242,477 143,286 1,596,971 . 3,485,780 43,115 5, bib, 175 '""lOM34" . o 3,581,978 H > Ul 150,877 14,291,873 104,341,731 1,541,566 939,030 2,927, 4.88 .2,416,310 3.544,707 O 57,548 a Bolivia '. Peru Ecuador 30 351,695 535,060 Total 90,006,144 T o t a l of g r o u p 198,940,575 11,002 1,427,301 715,208 25.20 • 3,734 386,518 836,437 6,380 1,399,991 903,159 2,646 1,013,473 66,722 17,036 1,007,035 810,070 591,300 809,831 51,253,496 118,736,668 33,708,290 85,028,378 150,727,759 33,147,614 117,580,145 90,886,103 108,054,472 242,512,577 90,413,516 152,099,061 288,894,902 92,545,868 196,349,034 38,752,648 T o t a l of i m p o r t s a n d e x p o r t s from a n d to 789,310,409 857,828,684 all countries P e r c e n t of a b o v e g r o u p . . 10,972 1,075,606 180,148 10.59 68,518,275 844,916,196 884,480,810 28.70 10.23 39,564,614 827,402,462 1,030,278,148 • 34.92 8.98 17,036 415,735 239 . 202,875,686 O • Exports defective owing to absence of law providing for collection of statistics by land carriage. Ul om o H m ><1 X.LVIII REPOUT TRADE W I T H OF THE SECRETARY 0.F THE TREASURY, COUNTRIES W I T H W H I C H RECIPROCITY I N FORCE. TREATIES^ ARE A careful aualysis of the statistics of our imports and exports from and to the countries with which reciprocity treaties have been established, from the commencement of such treaties to September 30,1892, inclusive, shows that the predictions of the friends of this new policy have been largely verified, and that there has been a very gratifying increase in our commerce with these countries in both imports and exports. These values will appear more fully in the following detailed statement, in which a comparison of the value of our imports and exports from and to these countries during the period since the treaties have been in effect is made, with corresponding prior periods, . Value of the trade of the United States in merchandise with the following countries since the reciprocity treaties therewith ivent into effect, compared with the value of the trade during tlie corresponding preceding periods. Imports. Countries. V 1891. , 1892. Increase. Decrease. EUROPEAN. Germany, eight months ending Sept. 30 A u s t r i a - H u n g a r y , four. months ending Sept 30 .. Total $64,539,550 $56,888,576 $7,650,974 4,027,046 2,785,815 1,241,231 68,566,596 59,674,391 8,892,205 AMERICAN. 2,298,674 1,453,970 Salvador, eight months ending Sept. 20.:.... 663,376 867,059 Nicaragua, five months ending Sept. 30 •' 724,893 870,250 Guatemala, four months ending Sept. 30 238,088 441,461 Honduras, four months ending Sept. 30 Cuba, thirteen months ending Aug. 31,1891, 85,775,106 69,819,137 a n d S e n t 30 1892 Puerto Rico, thirteen months ending Aug. 3,864,124 '^^ 1 SOI a n d Sent 30 1892 . . . . 3,549,155 Santo Domingo, thirteen months ending • 1,589,034 3,141,699 Aug 31 1891, a n d Sept. 30,1892 British West Indies (a), eight months end11,335,133 (&)10,864,173 ine" Sent 30 Brazil, eighteen months ending Mar. 31, 180,694,773 i04,346,192 i891 a n d Sept 30 1892 1,808,352 1,001,567 British Guiana, six months ending Sept. 30.. Total Grand total 196,079,7432d4,646,339 844,704 203,683 145,357 203,373 15,955,969 314,969 1,552,665 470,900 76,348,581 806,785 289,266, 473 348,940,864 93,186,730 84,294,525 Domestic exports. Countries. 1891. 1892. Increase. $47,435,942 $57,751,141 $10,315,199 237,814 241,923 4,109 47,673,756 57,993,064 10,319,308 917,641 571,680 625,613 775,687 319,323 593,090 Decrease. EUROPEAN. Germany, eight months ending Sept. 30 Austria - Hungary, four months ending Sept 30 '.: Total AMERICAN. S a l v a d o r , e i g h t m o n t h s e n d i n g S e p t . 30 N i c a r a g u a , five m o n t h s e n d i n g S e p t . 30...... G u a t e m a l a , f o u r m o n t h s e n d i n g S e p t . 30...« ,,,, ,•„»...... 141,954 252,357 32,523 REPORT OF THE SECRETARY IF THE TREASURYo XLIX Value ofthe trade of the United States in merchandise, etc.—Contmued. ^ Countries. 1891. H o n d u r a s , f o u r m o n t h s e n d i n g S e p t . 30 C u b a , t h i r t e e n m o n t h s e n d i n g A u g . 31,1891, a n d S e p t . 30,1892... P u e r t o Rico, thirteen m o n t h s e n d i n g Aug. 31 1891 a n d S e p t . 30 1892 Santo Domingo, thirteen months ending A u g 31 1891, a n d S e p t 30,1892 B r i t i s l i W e s t I n d i e s (a), e i g h t m o n t h s e n d i n g S e p t 30 B r a z i l , e i g h t e e n m o n t h s e n d i n g M a r . 31, 1891 a n d S e p t 30 1892 B r i t i s h G u i a n a , s i x m o n t h s e n d i n g S e p t , 30.. Total G r a n d total.... Domestic exports. 1892. Increase. 159,012 145,107 12,683,377 21,797,727 9,114,350 . 2,356,829 2,829,341 472,512 998,783 1,181,332 182,549 5,616,514 (c)5,305,329 19,268,710 -962,126 20,762,228 904,434 1,493,518 44,160, 285 91,834,041 54,613,598 112,606,662 10,453,313 20,772,621 .' Decrease. 13,905 311 185 57,692 > , (a) As trade with Bermuda can not be separately stated before July 1,1891, it is, for better comparison, included with British West Indies in 1892 for the six months ending June 30. (&) Includes imports from Bermuda, $441,936. (c) Includes exports to Bermuda, $401,986. From this t^bleit appears that the total values of our imports and domestic exports of merchandise, in our trade with countries with which we have reciprocity treaties, during the periods since those treaties have been in force to September 30, 1892, as compared with corresponding periods, prior to the treaties, have been as follows : Prior to • treaty. Domestic exports— Germany and Austria-Hungary : American countries ImportsGermany and Austria-Hungary ,. American countries Since treaty. Increase. Decrease. Per cent of increase+ decrease— Per cent. $47,673,756 44,160,285 $57,993,064 $10,319,308 54,613,598 10,453,313 68,566,596 196,079,743 59,674,391 289,266,473 93,186,730 +21.65 +23.67 8,892,205 —12.97 +47.52 ExportSo It will be,observed that the value of our exports to Germany and Austria-Hungary during the jperiods since the treaty of reciprocity has been in effect with these countries has increased $10^319,308, as compared with corresponding periods prior to the treaty. The increase of exports of domestic products to Germany consisted largely of breadstuffs and provisions. There was an increase of $10,453,313 in the value of our domestic exports to the American countries with which reciprocity treaties ha^^e been made, as compared with corresponding iDrior periods, and an increase of $20,772,621 in the total value of our domestic exports to all the countries with which-" reciprocity treaties haye been made, as compared with the corresponding prior periodSo . Fi92-—4 L REPORT OF THE SECRETARY OF THE TREASURY./ The increase of domestic exports to the American countries named consisted mainly of wheat, flour, meat, and dairy products, bacon, hams and lard, iron and steel and manufactures of, and lumber and manufactures of. With respect to the American countries, the most marked change in value of exports and imports was in our trade with Brazil and Cuba. The increase in value of exports to Brazil, during the operation of the reciprocity treaty, up to September 30, 1892, over the corresponding period before the treaty, was $1,493,518, and the increase in value of exports to Cuba for the thirteen months ended September 30, 1892, after the treaty of reciprocity, over the value of like exports during the corresponding prior period, was $9,114,350. In our trade with Puerto Eico since the treaty there has been an increase in value of exports of $472,512; and with Santo Domingo an increase of $182,549, There has been a decrease in our export trade to Salvador, Guatemala, Honduras, and a large decrease in imports and exports of merchandise from and to the British West Indies and British Guiana, The decrease of our trade with the two latter countries has been much larger in imports than in exports. ImportSo >. During the period since the reciprocity treaties have been in effect, it appears that there has also been a very large increase in the value of our imports from countries with which we have these treaties, amounting iii the aggregate to $84,294^525, It will further be observed that this increase of imports is entirely from the American countries with which reciprocal relations have been established. While there has been an increase in the value of our domestic exports to Germany *and Austria-Hungary, amounting to $10,315,199 to the former country and $4,109 to the latter, there has been during the same time a decrease of $7,650,974 in the value of our imports from Germany and of $1,241,231 from Austria Hungary. There has been a very large increase in the value of our imports of merchandise from Brazil during the eighteen months the reciprocity treaty has been in effect up to September 30, 1892, over the corresponding prior period, amounting to $76,348,581. I n c u r trade with Cuba there has been an increase in imports of $15,955,969 during the thirteen months ended September 30,1892, over the corresponding prior jDcriod; our imports from Santo Domingo increased $1,552,665 during the same period; and from Puerto Eico in- EEPORT OF THE SECRETARY OF THE TREASURY. LI creased $314,969 during the thirteen months sin.ce the treaty, and from Salvador during the first eight months under the reciprocity treaty increased $844,704. It will be noticed the most marked increase in the value of imports since the reciprocity treaties went into effect, has been in our trade " with Brazil and Cuba, While there is a large disparity between the increase in the value of our imports and exports, it should be remembered that our imports from these American countries are of articles which we must necessarily purchase from them in any event, as they are articles of necessity,, which are to but small extent, if at all, produced in this country, and hot to be procured elsewhere than in southern countries. These imports consist almost entirely of sugar, coffee, india rubber and crude drugs. ' - " This will be better understood when it is stated, that the value of the, imports of coffee alone from Brazil, from April 1,1891, when the treaty of reciprocity went into effect, up to September 30, 1892, inclusive, was $145,522,354, and the value of the imports of sugar alone into the United States from Cuba and Puerto Eico for .the thirteen months ended September 30, 1892, during which the reciprocity treaty was in effect with these islands, was $69-, 933,566. If we consider the total value of our commerce, imports and exports, with all the countries with which reciprocity treaties have been made, during the several periods those treaties have existed with each, it will be found that the total value of our commerce was. $461,547,526, as compared with $356,480,374, for the corresponding prior periods, or an increase of $105,067,152. The total value of our imports under the treaties was $348,940,864, and the valueof the exports of domestic merchandise was $112,606,662. The increase in the value of the imports of merchandise since, the. treaties was $84,294,525, and the increase in the value of the exports was $20,772,621,' When lines of shipping are more fully inaugurated, commercial relations more closely established, and the countries south of us become more familiar with our products and methods of business, and our manU; facturers more carefully consult the tastes and wishes of southern huyers, our exports will, undoubtedly, largely increase. Thus the result of reciprocity will be enlarged markets for our agricultural and manufacturing products^ and increased employment for our ships«. . ; . REPORT OF T H E SECRETARY OF THE LII . TREASURY. INTERNAL REVENUE. The receipts from the several objects of taxation under the internalrevenue laws for the fiscal years ended June 30, 1891 and 1892, are as follows: ^ ^ F i s c a l y e a r e n d e d J u n e 30-^ Objects of taxation. Increase. Manufactured tobacco Fermented liquors Oleomargarine Miscellaneous collections .' Total 1891. 1892. $83,335,963.64 32,796,270.97 28,565,129.92 1,077,924.14 260,127.30 $91,309,983.65 31,000,493.07 30,037,452.77 1,266,326.00 243,288.86 $7,974,020.01 146,035,415.97 153,857,544.35 7,822,128.38 Decrease. $1,795,777.90 1,472,322.85 188,401.86 16,838.44 The receipts from all sources of internal revenue for the fiscal year endingJune 30,1892, were , $153,857,544 35 The receipts from the same sources for fiscal year ended June 30,1891, were....... , , 146,035,415.97 Making anincrease in the receipts for the fiscal year just ended of 7, 822,128. 38 The total cost of collection for the fiscal year ended June 30,1892, was The total cost of collection for the fiscal year ended June 30,1891, was 4, 315, 046. 26 4, 205, 655. 49 Increased cost of collection for the fiscal year ended June 36,=1892. * 109, 390. 77 The amounts herein stated are the receipts actually collected during the fiscal years mentioned, but in many cases the money collected on the last day of June is not deposited until the first day of July, thus causing a discrepancy between the collections aiid deposits. The increase of the cost of collection for the fiscal-year ended June 30,1892, over the previous fiscal year resulted largely from the increase in the salaries and fees of gaugers, storekeepers, and storekeepergangers, and deputy collectors whose employment was rendered necessary by the very large increase in the number of distilleries operated during the fiscal year, and also from the large sum expended for weighing beams utilized in putting into operation the system of ascertaining the production of distilled spirits by weighing instead of by use of the gauging rod. . A detailed statement of these increased expenditures will be found in the report ofthe Commissioner of Internal Eevenue.* It is estimated that the receipts from all sources of "internal revenue for the fiscal year ending June 30,1893, will aggregate $165,000,000. The percentage of cost of collection for the fiscal year ended June 30, 1892, was 2.80 per cent, as against 2.88 for the fiscal year ended June 30, 1891, the increase of collections resulting in a decrease in the percentage of cost of collection, even with the ext^'aordinary expenditures above referred to. , I • • *See page 392. o - REPORT OF THE SECRETARY OF THE TREASURY. LIII A comparison has been made of the reiDorts of distilled spirits produced at a large nnmber of distilleries for the months of May, June, and July, 1891, when gauging was done with the rod, with the reports from the same distilleries for the months of May, June, and July, 1892, when the contents of packages were ascertained by weighing. It is found by this comparison that during the first period the Government lost in taxes upon fractional parts of a gallon less than fifty-hundredths the sum of $48,947.40, while for the corresponding period in 1892 the » loss from thesame cause was only $18,659.70, making a reduction in the loss as compared with the preceding year of $30,287,70. The total production of distilled spirits, exclusive of fruit brandies, for the fiscal year ended June 30,1892, was 114,769,041 taxable gallons; the total production for the fiscal year ended June 30,-1891, was 115,962,389 gallons, making a decrease in the production of distilled spirits for the fiscal year just ended of 1,193,348 gallons, . There were also produced during the fiscal year ended June 30,1892, 1,310,437 gallons of apple brandy, 99,398 gallons of peach brandy, and 2,257,630 gallons of grape brandy, making a total production of 3,667,465 gallons of brandy from fruits during the fiscal year ended June 30, 1892. A further comparison of the two fiscal years shows an increase of 1,026,402 gallons in the production of apple brandy, an increase of 98,621 gallons in the production of peach brandy, and an increase of 737,730 gallons in the production of grape brandy for the fiscal year ended June 30, 1892, an aggregate increase of 1,862,753 gallons of brandy produced from fruits as compared with the previous fiscal year. The quantity of distilled spirits contained in any package was ascer- * tained prior to May 1, 1892, by the use of the gauging rod. It was made manifest, however,, that the contents of such packages could be more readily and correctly ascertained by weighing than by the use of the old gauging rod, and on May 1, 1892, an order was issued requiring gaugers to ascertain the contents of such packages by weighing. This order was put into effect in all distilleries excepit fruit distilleries, where it was found impracticable to apjply it. The result has been entirely satisfactory. The quantity of distilled spirits gauged for the;fiscal year ended'June 30, 1892, was 352,728,202 gallons; the quantity gauged for the fiscal year ended June 30, 1891, was 342,343,638 gallons, making an increase ! in the quantity of spirits gauged for the fiscal year just ended of 10,384,564 gallons. ^ During the fiscal year ended June 30, 1892, 5,925 distilleries of all kinds were operated; for the preceding fiscal year 3,819 distilleries LIV REPORT OF THE SECRETARY OF THE TREASURY, of all kinds were operated, a comparison showing an increase of 2,106 ih the number of distilleries operated for the fiscal year just ended. The greater portion of this increase arose from the large number of fruit distilleries operated during the year. During the fiscal year ended June 30, 1892, there were produced 81,856,626 barrels of beer. The number of barrels produced during the fiscal year ended June 30, 1891, was 30,497,209, making an increased production fof the fiscal year just ended of 1,359,417 barrels. For the fiscal year ended June 30, 1892, the total receipts,from the taxes on tobacco, cigars, cigarettes, snuff, etc., were $31,000,493.07, The receipts from the same sources for the fiscal year ended June 30, 1891, were $32,796,270.97, the decrease in the receipts for the fiscal year just ended being $1,795,777,90, which may be ascribed to the operations of the act of October 1, 1890, affecting this source of revenuco ' • . « B u g a r hountyo ' • • The total bounty paid upon sugar produced in the United States for the fiscal year ended June 30, 1892, was $7,342,077.79. Expenses relating exclusively to the payment of the bounty on sugar for the fiscal year ended June 30, 1892. Additional deputies and clerks Polariscopes and articles used in making analyses of sugar, etc Salary and expenses of sugar inspectors..... Additional clerks in office of Commissioner , „ „ „ . . . $98,774.72 9, 512.13 28, 554.76 10, 990. OO ^ Total expenditures 147,831.61 I respectfully call attention to the various recommendations contained in the report of the Commissioner of Internal Eevenue,* and urge legislation in accordance with the views therein expressed. NAVIOATION, The Bureau of IsTavigation reports that the entire documented tonnage of the United States is follows: Documented vessels. 1892. Registered . -. Enrolled and licensed.. -. i Total No. 1,532 22,851 Tons. 994 675 47 3,770 245.73 24,383 4,764 921 20 T^ast year the total documented tonnage was 4,684,758 tons. * Bee page 392, EEPORT OF THE SECRETARY OF THE TREASURY, LY The documented tonnage, by grand divisionsrof the country, is as follows: • .J-"' ." G r a n d divisions. i.y^ ^.-:JK 1892, T" Atlantic a n d Gulf coasts.... Pacific coast Great Lakes Western rivers .--- i .• '..'.....\ • Total.*. No. 17,891 /1,5.45 • 3,657 1,290 Tons. 2,805,916.29 464,619.68 1,183,582.55 310,802.68 24,383 4,764,921.20 The documented iron and steel tonnage, by grand divisions, is as follows: ' . ^ . .. ^ ' G r a n d divisions. 1892. - A t l a n t i c a n d G u l f coasts.... IPacific c o a s t 'Great L a k e s Western rivers --- - Total No. 549 43 140 30 Tons. 500,926.23 72,575.42 207,805.78 5,101.21 762 786,408.64 The following table shows the tonnage, by grand divisions, built fluring the fiscal year 1892: G r a n d divisions. 1892. yAtlantio a n d G u l f c o a s t s Total No. 988 139 169 99 Tons. 118,093.62 20,769:93 45,968.98 14,800.52 1,395 199,633.05 The following table shows the iron and steel vessels built during the last fiscal year: . . G r a n d divisions. 1892. Atlantic a n d Gulf coasts 'Great L a k e s W^estern r i v e r s . . ;. . No. 27 1 23 4 Tons. 22,049.05 400 03 28,458.80 466 39 55 51,374.27 Total The table below shows the increase, in fiscal year 1892, of large ves-sels: ^ V e s s e l s o v e r 1.000 t o n s , documented. S t e a m vessels Sailing vessels '. T o t a l . . -. 1891. 1892. ^ No. 618 397 Tons. 1,118,596 581,331 No. 640 •403 Tons. 1,162,222 586,281 1,015 1,699,927 1,043 1,748,503 I n c r e a s e , 1892. No. , 22 6 Tons. 43 625 4,949 28 ' 48,574 LVl REPORT OF THE SECRETARY OF THE TREASURY, The increase in the docum^ented tonnage of the United States forthe fiscal year of 1892 over the tonnage of the preceding year was 80,163 The foreign-g«B|jfcnna^^iiot including that engaged in the whale fisheries, is 977,623>76tons, of which 247 vessels, aggregating 225,437.34 tons, are propelled by steam, and 1,212 vessels, aggregating 752,186.42 tons, are sailing vessels. Of the total documented tonnage 2,074,416,94 tons are steam and 2,690,504.26 tons are other than steam. The registered vessels in the whale fishery aggregate 17,051,71 tons. The enrolled and licensed vessels above mentioned include 3,700,773.09 tons engaged in the coasting trade along the seacoast, the rivers, and the Great Lakes of the United States, and 69,472.64 tons licensed for the fisheries. The figures above, relative to navigation, by no means include all the craft suitable for transportation of merchandise by water. Includ ing certain barges,, flatboats, and steam craft, the transportation fleet of the United States at the beginning of 1890 was found by the Census Office to aggregate a gross tonnage of 7,633,676 tons, valued at $215,069,296, the crews of the vessels numbering 106,436, and their wages being no less than $36,867,305. These estimates of values and wages do not include the values of wharves, elevators, shipyards, or other plants connected with shipping, or the wages of the persons employed in connection therewith. The total ton mileage of freight carried in vessels in the United States for the season of 1889 was reported to be 15,518,360,000 or nearly onefourth of the total ton mileage of all the railways in the United States. The tonnage of all the vessels, documented or undocumented, in the United States is reported by the Census Office to be, by grand divisions, for the year ending December 31, 1889, as follows: Grand divisions. Gulf of Mexico. Pacific coast.. Great Lakes Mississippi Valley....,..-----Total •. ^ • Gross tons. Value. ' 2,794,440 77,562 ' 441,939 926,355 3,393,380 $123,874,177 3,851,270 23,067,370 48 941,474 15,335,005 7,633,676 215,069,296 Besides the shipbuilding noted above, our dockyards and iron works have been busy in constructing a considerable number of war and other vessels for the various services of the Government. A list of such vessels is published by the Bureau of ISTavigation. It will be seen that oui coasting trade is in a flourishing condition, and constitutes one of our EEPORT OF THE SECRETARY OF THE TREASURY. LVII greatest industries. 'No foreign vessel is allowed to engage in it. Foreign vessels, however, are admitted to par foreign commerce on equal, or, in certain cases, on better terms than our own, and in the absence of any protection to our shii3S, the trade is largely monoj)olized by foreigners, many of whose vessels are subsidized by their governments. The following table shows the proportion of our exports and imports carried in American and foreign vessels, respectively, viz: < . • ' •• ' Values of imports and exports of United States carried, ^respectively, in cars and other land vehicles, in American vessels and in foreign vessels, diiring fiscal years from 1857 to 1892, inclusive, with pei'ceniage carried in American vessels {coin and bullion included from ISbl to 1879, inclusive, as method of transportation can not be stated; subsequent ' years merchandise only). Yepr ending J u n e 30— 1857.... 1858 1859....... 1860 1861.... 1862 1864 1865 ]866 1867 1868 1869 3870 1871..... 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882.... 1883 1884 1885 1886 1887 1888 1S89 J890 1891....: 1392 .'. Total imports a n d exports. Carried in cars a n d other land vehicles. Carried in vessels— American. ' $723,850,823 $510,331,027 607,257,571 447,191,304 695,557,592 465,711,381 762,288,550 507,247,757' 584,995,066 381,516,788 435,710,714 217,695,418 584,928,502 241,872,471 669,855,034 184,061, 486 604,412,996 167,402,872 1,010, 938,552 325,711,861 i^ 879,165,307 297,834,904 297,981,573 848,527,647 289,956,772 ^ 876,448,784 352,969,401 991,896,889 1,132,472,258 •*"S22,*985',"5'ib" 353,664,172 345,331,101 1,212,328,233 27,650,770 346,306,592 1,340,899,221 27,869,978 350,451,994 1,312,680,640 23,022,540 314,257,792 1,219,434,544 20,388,235 311,076,171 1,142,904,312 18,473,154 316,660,281 1,194,045,627 17,464,810 313,050,906 20,477,304 1,210,519,399 272,015,692 19,423,685 1,202,708,609 258,346,577 20,981,393 1,503,593,404 250,586,470 25,452,521 1,545,041,974 227,229,745 34,973, 317 1,475,181,831 240,420,500 48,092,892 1,547,020,316 233,699,035 46,714,068 1,408,211,302 194,865,743 45,332,775 1,319,717,084 197,349,503 43,700,350 1,314,960,966 194,356,746 48,951,725 1,408,502,979 190,857,473 54,356,827 1,419,911,621 203,805,108 66,664,378 1,487,533,027 202,451,086 73,571,263 1,647,139,093 206,459,725 72,856,194 1,729,397,006 220,173,735 72,948,067 1,857,680,610 Foreign. Total. $213,519,796 $723,850,823 160,066,267 607,257,571 229,816,211 695,557,592 255,040,793 762,288,550 584,995,066 203,478,278 435,710,714 218,015,296 584,928,502 343,056,031 669,855,034 485,793,548 604,412,996 437,010,124 1,010,938,552 685,226,691 581,330,403 879,165,307 .550,546,074 848,527,647 586,492,012 876,448,784' 991,896,889 638,927,488 1,109,486,748 755,822,576 1,184,677,463 839,346,362 1,313,029,243 966,722,651 1,289,658,100 939,206,106 1,199,046,309 884,788,517 813,354,987 1,124,431,158 859,920,536 1,176,580,817 876,991,129 1,190,042,035 911,269,232 1,183,284,924 1,224,265,434 1,482,612,011 1,269,002,983, 1,519,589,453 1,212,978,769 1,440,208,514 1,258,506,924 1,498,927,424 1,127,798,199 l;461,497,234 1,079,518,566 1,274,384,309 1,073,911,113 1,271,260,616 1,165,194,508 1,359,551,254 1,174,697,321 1,365,554,794 1,217,063,541 1,420,868,649 1,371,116,744 1,573,567,830 1,450,081,087 1,656,540,812 1,784,732,543 1,564,558,808 Percentage in American vessels. 70 5 73.7 66 9 66.5 65 2 50.0 41.4 27 5 27.7' 32 2 33.9 35.1 33.1 35.6 31.9 29.2 26.4 27.2 26.1 27.7 26.9 26.3 23.0 17.4 16.5 15.8 ,16.0 17.2 15.3 ^ 15.5 14.3 14.0 14.3 12.9 12.5 12.3 NOTE.—The amounts carried in c a r s a n d other land vehicles were not separately stated prior to July 1,1870. Exports are stated in mixed gold and currency valuesfrom 1862 to 1879, inclusive. The figures ih the above table exhibit a lamentable condition of affairs. It^would seem-•that, we were, well hemmed in by subsidized .steamship companies and subsidized railroads.of the British Government mqnopolizing trade legitimately belonging to our own people. The amount paid per annum for the transportation of freight and passengers between the United.States and foreign countries is stated LVIii REPORT OF ^HE SECRETARY OF THE TREASURY'. to be more than $200,000,000; to nearly equal, year by year, ou/ collections from the customs, and to be more than four times the value of our annual exports of wheat for the four years prior to the fiscal year of 1891, Most of the amount goes to support the trade and business of foreign countries, its payment constituting a continual drain on our resources, which by wise legislation might have been prevented. The step toward such prevention, by the provision in the statutes for IDayments to American built, American-owned vessels of certain classes in the foreign trade, is in the right direction. It has already borne fruit by causing the addition of steam vessels of a good class to our merchant marine, and its effect undoubtedly will be still more beneficial in future by encouraging the establisb ment of new lines of American vessels and the development, of old ones. It is very desirable that there shall be a continuance or extension of the present policy of protecting our vessels in the foreign trade against the subsidized lines of foreign governments, so that we may retain for our merchants, our shipowners, sailors, insurance companies, brokers, iron and steel workers, miners, shipwrights, canvas manufacturers, ropemakers, farmers, and others^ directly or indirectly interested, a fair portion of the money now expended in foreign countries for ships and the navigation thereof; so that employment and nautical knowledge and experience may be given to officers and men, who, in case of war, could be utilized in our Navy, and so that we may be enabled to build up, as auxiliary to the E"avy, a class of powerful steam vessels, constituting an offset to the vast fleets of such craft, belonging to foreign nations, now swarming along our coasts, fitted for immediate use as war vessels, with cannon in store at home, and ready for service at a day^s notice as destroyers of our commerce in waters with which their crews are- familiar, or as transports for troops to our shores, or shores in our vicinity. Some additional legislation may be found requisite, as mentioned in the reports of the Bureau of I^avigation, or as specially recommended by this Department, regarding pilotage, the tax on tonnage, undocumented foreign vessels in the United States, bonds given on the documenting of vessels, advance wages to seamen, fees for certificates of title to vessels, lights on barges, and timber rafts on the oceauo IMMIGRATION. . The Bureau of Immigration reports.the arrival of ^79,^63 immigrants duringthe fiscalyear endingJune 30, 1892, an increase over former years. '• • . • •. \ • This increase is accounted for by the abnormal emigration resulting from the unfortunate conditions in Eussiao The great influx ceased> REPORT OP THlfi SECRETARY OF TUfe TREASURY. LIX some six months since, and the number of incomers from Eussia has now assumed something like its usual proportion. An analysis of the statement of arrivals during the last fiscal year shows that the act approved March 3,1891, has had a healthy deterrent effect on the classes who are the least inclined to assimilate with American life. For ten years prior to the act of March 3,1891, undesirable immigration has been steadily increasing. Many societies throughout Europe have for years aided needy families to emigrate to America, and many public and private charities have assisted paupers and encouraged criminals to come. There are a very large nuniber of immigrants whose cases can only be properly decided by the officer making the inspection, and where it -is impossible, for the law to x)articularize in each case. The provisions of the new law, making the decisions of the inspectors of iinmigration final as to the right of an immigrant to land, except on appeal to the Superintendent of Immigration and the Secretary of the. Treasury, has materially lessened litigation at the landing i^orts. Formerly paupers were not allowed to land; now any persQu who is likely to become a public charge is also iDrohibited. Formerly the immigration aid societies and charity institutions of Europe unloaded mabuy of their indigent upon our shores, sujjplying them with passage tickets and a pittance of money. They also assisted their outdoor poor or other doubtful classes to come. ]^ow if an immigrant comes with a ticket, assisted by some one on the other side, he must show affirmatively and satisfactorily to the inspection officers that he does not come ° withiii any of the prohibited classes. In all other cases the Government must show that the immigrant is not entitled to land, else under the ulti-^ mate proceedings of habeas corpus he would be landed; but in thesecases the burden of the proof is transferred to the incomer, and he must show his right to land. It certainly is not asking too much from any foreigner that he shall come prepared to show a clean bill of lading in health and morals, and ability to earn a living. This has proved one of the most salutary provisions of the law. ^ In this connection attention is called to the embarrassment attendingthe question of determining the status of the prohibited classes under the law. The only resource of the inspector, as a rule, is the answers given to questions, upon which he forms his judgment, and the personal appearance of the immigrant. If his decision is not satisfactory to the immigrant, and habeas corpus proceedings are taken, the result in most cases is that the inspector is overruled and the immigrant permitted to land. I am clearly of tlie opinion that only by a rigid examination, rnadq LX REPORT OF THE SECRETARY OF THE TREASURY, at the place of departure, can the prohibitive' features of the law be executed with any considerable degree of efficiency. That section of the law which compels the steamship companies to return, free of charge, tp the port whence he came, any immigrant who has been denied a landing, or bas fallen into destitution within one year after landing, from causes existing i^rior to his coming to this country, and also that section charging to the steamship companies the maintenance of all immigrants until the date of the final decision in their cases, has been actively enforced. The steamship companies have consequently ordered an inspection on their own account of all emigrants applying for tickets on the other side. They have also issued circulars to their agents reciting the prohibitive provisions of the law, and instructing, them to faithfully observe the law. The effect ofthe publication of the restrictions of our law throughout Europe has been to cut off a portion of the undesirable elements that have been coming here. It is estimated that fully 50,000 of the most objectionable classes have thus been stopped. The doors to immigration should not be closed, but it is evident that we are receiving great numbers of people who are thriftless and ignorant, and who have come to this country in the spirit of adventure, or who are driven by starvation from their old homes. The rapid exhaustion of our arable land is closing one of the hitherto great safety valves in distributing and Americanizing our foreign element, and, as a result, these undesirable people are congregating in our cities. There is a growing disposition to colonize in certain quarters of these cities, and to create there, in some sense, a nationality and in-. deiDcndency of their own, thus perpetuating the habits and customs of their homes,, and practically transplanting to our shores a section of the Old World.' These sections may, after a time, come to revere the old, and bear antagonisms to the new country. The remedy for these evils, now so apparent tQ all our people, and happity removed from the plane of politics, is within the control of Congress. While we were receiving only such immigration as was of a character to. be easily assimilated with American civilization a nominal tax, in amount barely sufficient to pay the expenses occasioned thereby,, was sufficient. But now, that immigration has reached such vast proportions, and the quality of a large portion of it is such as to create alarm in the minds of thoughtful people, who doubt the ability of our institutions to assimilate these objectionable classes, the time is at hand when an increase of the head tax should be imposed, and other remedial measures adopted to protect the countryo REPORT OF THE SECRETARY OF THE TREASURY. LXI One ofthe reasons why an undue number of undesirable immigrants come to this country is, because we can be reached at a less expense than South America and Australia, As a measure to determine what this tax should be, it is suggested that the sum be such as would equalize, at least approximately, the cost to the immigrants to reach the other countries referredto. It is suggested that ah increase of this tax would deflect immigration to this country via the Dominion of Canada. Should attempts of this kind be made for the purpose ofevading thetax, the country would not be without the resources necessary to prevent the success of such evasion. In legislating upon this subject, it must not be overlooked that the rapid development of the country has been greatly stimulated by immigration of a most desiiable character, and that immigration of the proper kind is yet desirable, but we have reached a condition when ^ the character of future immigration should be the subject of vigilant scrutiny. / Alien contract-labor lawSo The alien contract-labor force has been reorganized and placed under one management which has greatly increased the efficiency of that branch of the immigration service. One thousand seven hundred and sixty-three alien contract laborers have been detected and returned to the country whence they came during the past year, as against 123 returned the year previous. ^ Inspectors have been stationed on the Canadian and Mexican borders and have enforced the provisions of the law with much success. On the 1st of July, 1891, few of the suits brought for violation of the contract-labor law had been prosecuted, and 186 cases were on the docket. An inspector was detailed to take special charge of these prosecutions. Many of these cases had remained on the docket until the witnesses necessary to a successful prosecution could no longer be found. Six cases were dismissed, judgment was obtained in 151 cases: 86 cases are pending. It is expected that all will be disposed of by the 1st of April, 1893. On information which indicated a violation ofthe contract-labor law at any given place, aii inspector was at once detailed to make a thorough investigation; and° unless the inspector reported no violation of the law, the evidence in each case was forwarded to the United States^ district attorney for that locality for his action in the premises. The inspectors have been greatly assisted by the active-cooperation of the labor organizations. The vigorous execution of this law has called a halt in the extensive importation of foreign laborers under contract. The effectiveness of the laws in .question is not to be measured by the number of prosecutions of violators, or the number of laborers returned. Its most salutary effect has been to prevent, in a large measure, the continuation pf the importation of unlawful laborers. LXII REPORT OF THE SECRETARY OF THE TREASURY. Chinese exclusion. ]N'otwithstanding the severity of the laws relating to the exclusion of Chinese, many persons of that race find their way into our territory > chiefly by way of Canada. During the past year one hundred and seventy-five Chinese persons were arrested and returned to China under the exclusion acts. The act approved July 5, 1884, provides as a condition jprecedent to landing that Chinese persons of the exemi^t class arriving at ports in theUnited States shall present certificates from the Chinese Government, or such.other foreign government of which at the time the applicant may be a citizen, showing that i)ermission has been obtained from said government to visit the United States. In no instance has a certificate been presented from the Chinese home Government, but in a number of cases certificates issued by the consular representative of China resident in Havana have been offered and accepted 2i^ prima facie evidence of the right of the holder to land. I have instructed collectors of customs to recognize such certificates upon the statement of the Chinese minister at this capital that his Government has authorized its consular officers to issue the same. By a joint resolution of Congress approved August 5,1892, provision is made for the admission of Chinese exhibitors and employes of exhibitors at the World^s Columbian Exposition, and the requirement of the act of July 5, 1884, as to certificates is not applicable in such cases. It is probable that a large number of Chinese laborers will enter the United States under this authority. Under an opinion of the Supreme Court Chinese merchants residing in this country, and who may depart therefrom with the intention of returning thereto, are permitted to land upon submission of evidence of their identity as such returning merchants. The question as to what constitutes a merchant is a periDlexing one, in view of the practice among Chinese of organizing firms composed of a large number of members, each of whom may contribute a few dollars to the capital of the firm. , Chinese registrationo The Act of Congress of May 5, 1892 requires that certificates of residence be issued to such Chinese laborers as are entitled to remain in the United States after the date of such act. These certificates are to be issued by the collectors of internal revenue. The act further provides that -immediately after the passage of this act the Secretary of the Treasury shall make such rules and regulations as may be nece^ary REPORT OF THE SECRETARY OF THE TREASURYo LXIII for the efficient execution of this act, and shall prepare the necessary forms and furnish the necessary blanks to enable collectors of internal revenue to issue the certificates required thereby, and make such provision that certificates may be procured in localities convenient to the application,^' The necessary rules and regulations for the efficient execution o f this act have been prepared, and'the forms and necessary blanks to enable collectors of internal revenue to issue such certificates have been furnished to them. They have been placed in the hands of the collectors of internal revenue, who are ready to deliver the same to such Chinese as are entitled to them. The Commissioner of Internal Eevenue reports that at the closing of the present fiscal year no applications for certificates had been made, a.nd that there seems to be a determination on the part of the Chinese not to register. However, the collectors oflnternal revenue have been instructed to hold themselves in readiness to register under this act any person who is entitled to certificates and desires to register, and such persons will have an opportunity to do so at any time prior to the 5th of May with ;as little inconvenience as may be possible, ^ - . SEAL FISHERIES. •The modus vivendi entered into in 1891 between the United States and Great Britain was renewed in 1892 pending the arbitration between the two Governments, and in consequence thereof the quota of seals to be taken on the Pribilof Islands during the season of 1892 was again limited to 7,500, Under the terms of the modus the taking of seals in the waters of' Bering Sea was prohibited as it was last year, and vessels of the British and our own Navy, as well as those of the Eevenue-Marine Service, cooperated to enforce its provisions. But three attempts were made to enter the sea through the passes, and the vessels in each case were seized and proceeded against under the international agreement. From thirty to forty thousand seals of the Pribilof Island herd, a large proportion of which were gravid females, were, taken by pelagic hunters in the North Pacific between January and July, 1892. As a result, the number of seals on the breeding grounds on the islands was found to be smaller this year than last. . As the income derived by the natives on the islands of St. George and St. Paul from the taking of the 7,500 skins will be inadequate for their support, thus rendering them dependent upon the Government, I recommend that the appropriation of $19,500 made for their support during the current fiscal year be reuewedo .LXIV REPORT OF T H E SECRETARY OF T H E TREASURY. REVENUE-CUTTER SERVICE, During the past fiscal year thirty-six vessels have been in commission, which have been constantly engaged in patroling the coasts, rivers, and harbors ofthe United States, for the protection of the revenue and the enforcement of law relative to other subjects. The following is a statistical statement of their work: Aggregate number of miles eruised by vessels..... i 335, 512 Number of mercliaut vessels boarded and examined. 37, 521 Number of merchant vessels found violating law in some particular, and seized or reported to proper authorities 1, 233 Fines or penalties of vessels so seized or reported |363,173. 80 Number of vessels in distress assisted 84 Value of vessels and their cargoes imperiled by the sea, to which assistance was rendered $2,417,745 Number of persons on board vessels assisted 570 Number of persons picked out of the water and saved from drowning...... 50 The duties assigned to the revenue cutters have been faithfully and efficiently conducted by the officers of the-service, and the record of duty performed shows a fair increase over that of past years, notwithstanding the disabled condition of some of the vessels which require extensive repairs or replacement by new vessels. A. number of new vessels are urgently needed for the i3roi)er maintenance of the service, viz: two on the Pacific coast, two on the Great Lakes, and one on the New, England coast to replace the Gallatin^ wrv^ecked on the 6th of January last, near Gloucester, Mass., during a blinding snowstorm. The necessary withdrawal of the steamers Bush and Corivin from the California and Oregon coasts, for duty in Alaskan waters during the summer, has left those districts without patrol and caused serious embarrassment to the customs service. . The work of patroling Bering Sea and other waters of Alaska Territory for the protection of the Seal Islands and other interests of the Government im those waters, and the enforcement of the provisions of the modus vivendi with Great Britain, was assigned to four vessels of the Navy and the revenue steamers Concin^ Bush^ and Bear, all under the general direction and orders of Commander E. D. Evans, U. S. Navy. Having all the Government forces in those waters, under one command has worked satisfactorily, and. the duties have been efficiently performed. Material assistance has been given as usual by the Eevenue Marine to the Life-Saving Service; boats, stores, and supplies have been transported and delivered at stations off established routes of travel and difficult of access except by special conveyancCo REPORT OF THE SECRETARY OF THE TREASURY. LXV The distance cruised while performing these services aggregated 10,370 miles. The expenditures on account of this service for the year endingJune ,30, 1892, were $975,551.29, of which $20,448.88 was spent in enforcing the law regulating the anchorage of vessels in the bay and harbor of New York. The personnel of the Eevenue Marine consists of 222-commissioned officers and 843 pilots and enlisted men. » L I G H T H O U S E SERVICE. The number of light stations was increased from 852 to 883. Four first class light-ships have been finished and placed on stations on the Atlantic coast. All of these vessels are fitted with complound engines and propellers. Each has a steam windlass, and the chain hawse-pipe is forged into the stem ofthe vessel that they may ride easier to heavy seas. The light-vessel for Cornfield Point, Long Island Sound, is fitted with an electric plant, and the masthead electric light will be displayed and extinguished automatically. This is the first vessel of the kind built by any nation. Two modern light-house tenders were built at Cleveland, Ohio, and delivered on the Atlantic coast, each furnished with an electric plant and search-light. One of these vessels is now on her way to Portland, Oregon! Another light-house tender fitted with twin screws, electric plant, and search-light, is under construction at Elizabethport, N. J., and will prPbably be delivered in December. The number of buoys, spindles, and daymarks was increased from 4,715 to 5,034 during the last fiscal year. The appropriation for buoyage for the last fiscal year was $330,000, ,a sum altogether insufficient to meet the demands of commerce. The number of lights on the West^ern rivers remains practically the same as last year, and the average cost of each per year is about $170. As each of these river lights serves the.purpose that was formerly attained by a light-house costing very much more to build and maintain, it is deemed judicious as well g^ economical to increase their number. The Light-Kouse. Board agajji urges t h a i the. exhibition of private If ghts should be prohibitied, and the penalty prpyided by law enforc;ed for the.infraction of its regujations as. to the.lighting of bridges over navigable streams|. • Ip view pf the. fact that the Light-House Seryice was organized for the purpose of protectiiig life and property from the dangers of the sea, only men of experience and character who can intelligently and faithfully discharge the duties of light-keepers should be employed,^ and to this end the Service should be made absolutely nonpartisan. yi92 5 LXVi REPORT OF THE SECRETARY OF THE TREASURY. MARINE-HOSPITAL SERVICE. The report of the Supervising Surgeon-General of the Marine-Hospital Service shows that during the fiscal year ended June 30, 1892, the total number of cases treated was 53,610, of which number 16,022 were treiated in hospital, the remainder being office or dispensary i3atients. There were 1,344 pilots examined for color-blindness, of which number 60 were rejected. Nine hundred and six surfmen and keepers of the Life-Saving Service were examined, of which number 64 were rejected for physical causes. Two hundred and thirty-one seamen of the merchant marine were examined, before shipment, as to their physical fitness, and 11 were rejected, The nineteen marine hospitals of the service are reported as being in good condition, save the one at Port Townsend, and the eight national quarantine stations have been kept in active operation during the;whole of the year, the services which they rendered being of so great importance that it was deemed unwise to close them, even during the winter months. These stations are generally well equipped, except San Diego and Port Townsend, whose plants are in course of construction. Certain additions are required to a number of the stations to make them adapted to all the wants of modern quarantine science, and estimates for this purpose havebeen included in the Book of Estimates. The quarantine service of the Marine Hospital Bureau has been ' marked by great activity during the past summer and fall, owing to the threatened invasion of cholera into the United States. As early as July eighth a circular was issued calling attention tothe prevalenceof the disease in Eussia, and requiring disinfection of all articles from infected places, and laying restraint upon vessels from infected ports. Eegulations were issued requiring disinfection abroad of all rags prior to their entry into the United States, with a consular certificate to this effect, and the importation of old rags from infected places or localities was prohibited. Disinfection abroad also of personal effects and baggage of immigrants was required, and all the above regulations are still in force. September first a circular was issued, signed by the Supervising Surgeon-General and approved by the President and myself, imposing a quarantine detention of twenty days upon all vessels bringing immigrants into the United States. The object of this circular was to lessen the chances of the introduction of cholera by a temporary suspension REPORT OF THE SECRETARY OF THE TREASURY, LXVII of immigration; ^ the expense of the twenty days' detention being such that it might prove prohibitory in effect, for the time being. As la result, immigration has been j)ractically suspended, and the danger of the introduction of cholera into theUnited States very materially diminished. It is proposed to keep in force this restriction until Congress shall have opportunity to express its will in the matter, or until the danger which prompted it shall have disappeared. The necessity of this circular was found in the large influx of immigrants from cholera infected districts, and the great danger of the im' portation of the disease through their persons or baggage, this being the cause ofthe last cholera epidemic in the United States. The public health, therefore, and a public demand, required a temporary prohibition of immigration. There being no special provision for this by any act of Congress, it was determined to make use of the quarantine prerogatives of the several States, all of whose laws permitted of at least twenty days' quarantine detention. The power of the General Government to enforce this provision was found in the national quarantine act of 1878. On the announcement of this quarantine restriction a hearty accord was given to the same by the State and local authorities. To prevent ingress over the Canadian frontier, of immigrants who might seek entry from Canadian seaports, medical inspectors, aided by" customs officers, were appointed to inspect the frontier stations froin Maine to Dakota at all points where railroads cross from Canada into the United States. These inspectors are still kept on duty, and, under instructions, are obliged to see that no baggage of immigrants is admitted into the United States without previous disinfection, and to aid iri the enforcement of local regulations. Besides this corps of inspectors aid to the State authorities has been rendered at several important maritime points where cholera appeared or was threatened. On account of the overcrowded quarantine accommodations of the State, at the port of New York, and as a relief for healthy passengers detained upon infected vessels, a camp was established on Sandy Hook, called Camp Low, capable of .accommodating one thousand persons. Through the generosity of a private citizen of New York, Mr. Austin Corbin, the material and necessary help were promptly furnished to the Government for the rapid construction of this camp, obviating the slower process of Government construction. For the details of this camp and its occupancy by immigrants, reference is made to the report of the commanding officer, Surg. J, B. Hamilton (ex-Surgeon-General Marine-Hospital Service), which accompanies the annual report of Su];)ervising Surgeon-General Wyman. The value of Dr. Hamilton's services is hereby acknowledged. LXVIII REPORT OF THE SECRETARY OF THE TREASURY. The thanks of the Treasury Department is extended to the War: Department for consenting tothe location of Camp Low on its reservation, to the Navy Department for furnishing the guards and boats:, for land and sea patrol, and to the Chamber of Commerce of New York: for its support of the measure taken. Additions will be made to this camp during the winter with a view/ to its utilization should-cholera again appear in the spring pr summer.. Sandy Hook belongs to the Government and is in charge of the War • Department, and is only populated with Government employes. Owing. to its peculiar conformation it can be completely isolated from the; mainland. Camp Low is so located as to also be easily isolated froini the stations of the Light-house and Life-saving stations and the quarters; occupied by the War Department. Safe, deep, and commodious anchorage exists at Camp Low. Sandy Hook is in all respects admirably suited for the purppse of a sanitary camp, and if such portion of it as; can be spared without detriment to the other department© of tlse Oavernment service could be added to the present accommodation;^ of th©, quarantine of the State of New York, it would afford ah equipment that would furnish ample facilities to deal with the danger at that point of the introduction°of contagious diseases that is constantly threatening the country, A quarantine camp was also established at the Delaware Breakwater station, where permanent barracks for the accommodation of 800 immigrants have been erected and tents provided for the protection of additional numbers, A rigid quarantine has been and is still maintained at this point, and also at the national station near Cape Charles at the; mouth of the Chesapeake. A detention camp was also established at Fort Pulaski, Ga., for the^ protection of the city of Savannah and the surrounding territory. At:^ the more southern national quarantines on the Atlantic coast as well! as at thoS'e on the Gulf and North Pacific coasts the usual activity audi vigilance have been maintained. At smaller seaports, where local quarantine provision is insufficient,. and where cholera infected vessels might seek entrance to avoid the greater restrictions at larger ports, the authorities have been invited by circular to apply for such aid from the Marine Hospital Bureau as may be required for their defense. Sanitary information, including an account of the progress of the cholera has been regularly transmitted to all quarantine and loca health officers, through the publication of the Weekly Abstract of Sanitary Eeports, under section 2, act of 1878; and for the purpose of securing accurate information from abroad^ officers.have been detailed R E P O R T OF T H E SECRETARY OF T H E TREASURY. LXIX for gathering, in foreign seaports, such data regarding the recent epidemic of cholera and its threatened reappearance, as will be valuable (to the sanitary authorities of the United States. iState laws can not proi3erly control or direct the management of great quarantines where other States are interested. The quarantines of our seaboard are of equal interest to all our population. The whole country should have a voice in their ownership and management, and this can only be accomplished by such legislative action as will forbid the collection of quarantine fees by State or municipal authority, and which shall direct the assumption of all quarantine duties by the United States. This duty rests under the same authority as that under which laws relating to immigration are framed and executed. Every serious epidemic that this country has ever known has been traced to the immigrant, and it must be apparent that the same authority that.controls immigration should control quarantine. . Admitting that any particular local quarantine may be perfectly .managed, of what avail is it if a neighboring port has either a lax and insufficient quarantine, or none at all? Such are the facilities for inlland communication that all quarantines must be equally efficient to be 'successful in preventing implantation of disease, and only the strong arm of the Government, directed under laws enacted by representaitives of the whole people, can give confidence and securityo STEAMBOAT-INSPECTION SERVICE. - The Supervising Inspector-General reports the inspections, during the_fiscal year, of 7,661 domestic steam vessels, having a net tonnage ^of 1,546,325.29. Officers licensed, 36,520. Increase, 1,404. Thenumber of foreign passenger steamers inspected was 293, with a net tonnage ^f 559,020.97. The number of passengers carried during the year, (partly estimated) was 650,000,000. The number of lives lost was 200, being 138\less than in 1891. Of the lives lost, 48 were passengers and 152 were officers and sailors belonging to the vessels. The expenses of Ithe,Service have been, for salaries, $244,300.43; contingent expenses, f 44,836.13; making a total of $289,136,56. Especial attention is invited to the gratifying results of the present law, as compared with the law of August 30, 1852. During the nineteen years of the operation of the law of 1852 there i^ere 1,504 disasters to steam vessels, with a loss of 9,320 lives, or an •average loss of 490 lives per annum. Under the present law, notwithrStanding the increase in the nwnber of steam Vessels since 1870 of over IOO per cent^ there have been but 729 disasters to steam vessels, with a LXX REPORT OF THE SECRETARY OF THE TREASURY. loss of but 5,057 lives, or an average of 240 per annum, while the number of passengers carried per annum has increased from 122,589,130 in 1870 to not less than 650,000,000 in 1892. The average loss of life under the law of 1852, as obtained by dividing the number of passen gers carried in 1870 by the above average of 490, was 1 to every 250,181 passengers; while the average loss of life under the operation of the present law, as obtained by dividing the number of passengers carried in 1892 by the above average of 240, has been only 1 to every 2,708,393 passengers, or, considering the number of passengers carried, a decrease in the number of lives lost of nearly 11 to 1. There are some defects in the present law, but they are matters of detail, and can be amended without affecting its.main features. In this connection, I renew my recommendation of last year that provision be made for the regulating and equalizing the pay of the subordinate officers of the Service. The Supervising Inspector-General recommends that the officers and employes of the Service below the office of supervising inspector be appointed solely with reference to their fitness and without reference to their political or party affiliations, as is now the case in the LifeSaving Service, In this recommendation, the reasons for which are sufficiently obvious, I concur, and take occasion to urge upon Congress an early and favorable consideration of the subject. LIFE-SAVING SERVICE. The following statistics of the operations of the Life-Saving Service during the year are calculated to justify the confidence reposed by the public in that humane institution and the wisdom of Congress in giving it liberal support. The number of stations in commission at the close of the year was 242. The reports of the district officers show that during the year there were 337 disasters to documented vessels within the scope of station operations. On board these vessels there were 2,570 persons, of whom 2,550 were saved and^ 20 lost. -The estimated value of property involved was $8,284,525, of which $7,111,005 was saved and $1,173,520 lost. The number of vessels totally lost was 60, In addition to the foregoing there were 170 casualties to smaller craftj such as sailboats, rowboats, etc., involving the lives of 353 persons, of whom 346 were saved and 7 lost. The property involved in these instances is estimated at $67,810, of which $63,470 was saved and $4,340 lost. REPORT OF THE SECRETARY OF THE TREASURY. LXXI The aggregate is as follows :' Total number of disasters * 1 : Total value of property involved.... :.. .,.;.. Total value of property saved '. Total value of property lost Total number of persons involved Total number of persons lost ; .^. Total number of shipwrecked persons succored at stations...; Total number of days' succor afforded. '. Number of vessels totally lost .....: .'. 507 ...$%, 352, 335 $7,174, 475 |1,177, 860 ' 2, 923 27 747 1, 847 60 ^ There were also rescued 36 persons, not included in the above table, who had fallen from wharves, piers, etc., and would probably have perished but for the help of the life saving crewsi Much assistance was rendered in saving imperiled vessels and cargoes, 480 vessels having been worked off'when stranded, repaired when damaged, extricated frorn dangerous positions, and similarly aided by the station crews. There were also 265 instances where vessels in danger of going ashore were warned off by the signals of the patrolmen. The cost of the maintenance of the Service during the year was $1,009,234.86. The stations mentioned in the last report as being in process of construction at Burnt Island (near the mouth pf St. Georges Eiver), Maine ; Quonocontaug, Ehode Island ; Fenwick Island, Delaware, and Ilwaco Beach, Washington, have been comi^leted and are now in commission'. ' ^ A new station is approaching completion at Brant Eock, Massachusetts, and the station authorized to be established on the grounds of the World's Columbian Exposition, to take the place of the old station at Chicago, is nearly finished. Proposals have been invited for the construction of a new station at Fort Niagara, N. Y., and are about to be invited for the erection of stations at Duluth, Minn.; Ashtabula, Ohio, and Kewaunee, Wis. During the year fifteen stations on the coasts of Maryland and Virginia have been extensively Bspaired and improved, as have also the Crumple Island station, coast of Maine; the Lewes station, coast of Delaware,- and the Golden Gate Park station, California. Similar work is progressing on several stations on the coast of MassachiisettSi The Short Beach station, coast of Long Island, is being removed to a new site, the old one having been rendered unsafe by the encroachment of the sea. Improved facilities for launching boats at the Crumple Island station, coast of Maine, and the Lewes station, Delaware, involving considerable expense, have been provided. LXXII REPORT OF THE SECRETARY OF THE TREASURY. The telephone line authorized by act of Congress approved May 13, 1892, to be established between Cape Charles, Virginia, and the lower end of Assateague Island is now in process of construction and will soon be completed. \ The higher rates of compensation provided by the act of Congress api)roved July 22, 1892, for the keepers and crews of stations while actually employed wall result in very materially checking the frequent resignations referred to in the last annual report as seripusly threatening the efficiency of the Service. They will also securethe best men to fill such vacancies as may occur in the natural order of things, and, together with the continued faithful observance of the provision of law requiring the employment of the officers and men with sole regard to their professional fitness and without reference to political considerations, will, it is believed, still further advance the acknowledged preeminence of the Service in its beneficent work of rescuing imperiled life and property. COAST AND GEODETIC SURVEY. The report of the Superintendent of the Coast and Geodetic Survey shows that upward of eighty-five field parties were actively employed during the fiscal,year upon the coasts of the Atlantic, the Gulf of Mexico, the Pacific Ocean and Bering Sea, and in the interior of the United States. Their work was carried on within the limits and on or off* the coasts of sixteen States on the Atlantic and Gulf seaboard ; three States and one Territory bordering on the Pacific Ocean arid on Bering Sea, and in fourteen States and three Territories in the interior. It included the measurement of base lines; reconnoissance and triangulation ; time, latitude, longitude, and azimuth determinations; gravity research; geodetic leveling ; magnetic observations; topographic surveys, and hydrographic work involving inshore and offshore soundings, and observations of currents and tides. Among work of importance may be mentioned the continuation of the surveys of the Northeastern boundary lakes, the comi3letion of which will afford data for the location of a part of the boundary line between the United States and the Dominion of Canada; the beginningof the resurvey of Boston Harbor; the completion of the resurvey of Nantucket Shoals; the connection of longitude determinations coming westward from the Atlantic coast with those coming eastward from the Pacific;.the resurvey of Mobile Bay and entrance; the advance toward a junction in Colorado of the transcontinental triangulation proceeding westward from the Atlantic coast with that proceeding eastward-from the Pacific; the comi:)letion of the observations for.the vaii- REPORT OF THE SECRETARY OF THE TREASURY. LXXIII ations of latitude at three widely separated stations in cooperation with the, work of the International Geodetic Association, and the progress toward completion of the surveys in Alaska for i mination of the geographical position of Mourit St. Elias, and of its height and distance from the coast. In addition to this advance of the regular operations of the Survey, a number of requests from national or State authorities for the detail of officers for special service were acceded to, in accord with the policy and practice of the Department. Upon the application of the commission organized for the adjustment of the boundary line between the States of Delaware and Pennsylvaniaj an offi.cer of the Survey was detailed to execute the reconnoissance and triangulations desired by the commission. In compliance with a request from commit; tees of the senate and house of delegates of thel State of Virginia, an officer of the Survey w:as directed to make the observations needed for the accurate delineation and mapping of the^natural oyster beds in the waters of the State. Action was-taken by the Superintendent, at the request ofthe governor of Ohio, for such a preliminary investigation of the points at issue between that State and the State of Indiana relating to the Ohio-Indiana meridian boundary line as might lead to the organization of a joint commission empowered to establish and mark the line by suitable monuments. At the suggestion of the Secretary of State, made by him to the Secretary of the Treasury, officers of t h e . Survey were detailed to determine in latitude apd longitude such points on the boundary line between the United States and Mexico as the International Boundary Commissiou on the part of the United States might indicate. The special services of an assistant in the Survey were requested temporarily by the mayor and board of supervisors of the city and county of San Francisco as consulting engineer in association with an officer of the United States Engineers. The detail of an assistant in the Survey to cooperate with the harbor line commission of the State of Washington in harbor surveys on Puget Sound was renewed at the request of the commission in the spring of 1892, j In addition to the service of one of the older officers ofthe Survey as a member of the Mississippi Eiver Commission, as required by law, another officer was appointed by the President as a member of the International Boundary Commission organized for the location of the United States and Mexican boundary line. From the office of the Survey there were issued during the year 52,675 copies of charts, of which number 2,581 were required by Congress, 14,278 by the Executive Departments, 1,985 by foreign govern- LXXIY REPORT OF THE SECRETARY OF THE TREASURY. 'ments, and 28,620 were sent to sale agents. Tide Tables for the Atlantic coast, predicting for 1893 the times and heights of high and low water at fifteen principal ports, were published in May, 1892, and similar tables for the Pacific coast were sent to press. The monthly publication of Notices to Mariners was continued, and 130,000 copies were printed for free distribution. The first edition of the United States Coast Pilot, Atlantic coast. Parts i and ii, from the St. Croix Eiver to Cape Ann, was received from the Public Printer; also the third-edition ofthe Pacific Coast Pilot, Alaska, Part i, Dixon entrance to Yakutat Bay. There were issued during the year 591 copies of Coast Pilots for the Atlantic and 327 copies, of Coast Pilots forthe Pacific coast. Offtice of Standard Weights and Measures. During the fiscal year, a complete set of weights and measures, customary and metric, was adjusted and verified, and delivered to the governor ofthe State of Idaho, under the provisions of the acts of Congress relating to the distribution of standard weights and measures to the States. Much of the time of the limited force of the office was occupied in meeting the demands of the Internal Eevenue Bureau for the verification of alcoholometers, saccharometers, sugar flasks, weights, and quartz plates for use with polariscopes in the analysis of sugars. For the customs division of the Treasury, several sets of glass capacity measures, intended for distribution to custom-houses, were verified. In compliance with numerPns requests from engineers, surveyors, manufacturers, and others, who have submitted weights and measures for comparison with the United States standards, this office, being the custodian of these standards, has endeavored to serve the public by making the comparisons desired, although greatly in need of the more extended facilities for such service which all other civilized countries provide. I renew the recommendation, made in my last annual report and in the annual report of my predecessor, that early action should be taken by Congress toward such legislation as will make the use of the metric system of weights and measures obligatory in transactions at United States custom-houses on and after the first day of the calendar year 1895. The adoption of this system by the chief commercial countries of Europe, and the recent action of most of the chambers of commerce in Great Britain recommending its early introduction into that country, lend added force to the reasons for the enactment proposed. REPORT OF THE SECRETARY OF THE TREASURY. LXXV ENGRAVING AND. PRINTING. The work of this Bureau is steadily increasing fromi year to year. The number of sheets delivered during the year 1892 exceeded by slightly more than 13 per cent those for 1891, which were the largest during a period of fourteen years prior thereto. The work delivered during 1892 represented a value of over $863,000,000. This large amount was handled thronghout the various processes necessary to its completion without the loss to the Government of a single dollar. This result has been obtained by conducting the establishment upon a strictly business basis, and by thoroughly systematizing all its operations, . ' The method of printing by relief plates has been perfected and continued during the year, and out of 13,240,000 sheets Pf this class of stamps delivered during the year, 9,208,500 were printed by this process, at a net saving of $131,648.40. It is expected that all of the stampj^ of this class will be printed by this process dnring the year 1893, at a saving of $164,000. With a view of improving the condition of the notes while in circulation, they have been, for several months during the past year, subjected to a bath of size, ^ such as is used by paper-makers in finishing paper, which restores the sizing and finish destroyed by repeatedly wetting the paper for the several plate-printings. This makes a decided iniprovement both in the appearance and the wearing quality of the notes. The Bureau is now fully equipped with all the necessary machinery, and has a force of trained employ6s sufficiently large to promptly execute within the regular hours all the securities, stamps, etc., that it may be called upon to furnish. PUBLIC BUILDINGS. At this date there are two hundred and ninety-seven completed public buildings-; ninety-five in course of construction, or extensions and repairs under special appropriations, or for which sites have been selected but not yet paid for, or remain to be selected; of which number condemnation proceedings have not yet been deterniined for the acquisition of property for sites for two, and payment of the purchase money has not yet been made for the property selected for sites for seven, and sites have not yet been selected, but will soon be selected, for three, and land additional to the site has not been selected for one. During the year ending September 30,1892, there was expended for public buildings^, $6,741,286.71, and contract liabilities existed amounting to $2,834,408.73, making a total of $9,575,694.73. From .the present condition of the work done and being done on drawings and specifications, and the action taken and contemplated, LXXyi REPORT OF THE SECRETARY OF THE TREASURY. it is believed that between this date and the close of the second session of the Fifty-second Congress several millions of dollars of the aggregate amount of the various balances of appropriations how remaining available, and aggregating about $15,000,000, will be covered by contract liabilities. The attention of Congress is invited to the several recommendations made by the Supervising Architect which have mj^ approval. Also to the special statements riiade by the Supervising Architect in his report fPr the year ending September 30, 1892, in regar'd to the following subjects: The proposed sale of the old court-house building in Baltimore. Fixing a limit to the cost of the public building at Buffalo. To secure a permanent foundation for the public bnilding at Chicago. As to complications as to public building at Empora, Kans. The insufficient appropriation to pay for site of public building ini the city of New York, and of the inability to sell present custom-house; at price fixed by law. As to the appraiser's stores in New York. To enlarging facilities at the Philadelphia post-office. Fpr an ai^propriation to commence work proposed on new mint atf« Philadelphia. To prescribe limit of cost of new public building at San Francisco. To amend inaccuracy in descriiDtion of site for United States courthouse at Savannah, Ga. Modifying legislation relating to the sale of marine-hospital site and the purchase of another site at Pittsbui'g, Pa. The unavoidable delays in the commencement of work on many new. buildings has been largely caused (1) by the failure of Congress to pro-^ vide by adequate appropriations for the technical and clerical fprce necessary for prompt conduct of the work ; (2) because ofthe effect of act of Congress, approved August 1, 1892, limiting the hours of daily service of laborers and mechanics employed upon public works, new proposals had to be invited in a number of cases, etc. And especial attention is also called to that portion of the report relating to the subject of securing plans for public buildings by competition. DISTRICT OP COLUMBIA. The net expenditures on account of the District of Columbia for the fiscal year 1892 were $6,331,960.56. The net revenues deposited in the. Treasury on this account for the same period were $2,967,044.71. REPORT OF T H E SECRETARY OF T H E TREASURY. LXXVII On July 1, 1891, there were due and payable $2,490,200 six per cent bonds and $276,700 seven per cent bonds, making a total of $2,766,900. There have been issued during the fiscal year $27,100 of the 3.65 per cent bonds in satisfaction of judgments of the Court of Claims. Under the provisions ofthe act of Congress approved March 3,1891, the Treasurer issued and sold on July 1,1891, $2,400,000 ofthe 3.50 per cent bonds at a premium of 0.531 per cent, realizing the sum of $2,412,744, which was applied to the redemption of the bonds maturing that date, leaving $354,200 to be absorbed by the sinking funds, resulting in a net reduction of the bonded debt during the fiscal year Of $366,900, and reducing the annual interest charge $84,781. The net reduction ofthe bonded debt since July 1, 1878, is $2,973,250, and of the annual-interest charge $262,120.72. At the close of the fiscal year 1891 the net surplus arising from the sale of bonds in which the retention from District contractors was invested was $28,066.96. During the fiscal year 1892, in settlement of these accounts, the sum due the contractors is in excess of the amount realized from the sale of bonds, showing a net loss of $4,289.69, reducing the surplus at the close of the fiscal year to $23,777.27. Attention is invited to the fact that the fund held for the relief of policemen is being rapidly dissipated. The payments on this account being largely in excess of the receipts. At the close of the fiscal year 1891 the bonds held for this account amounted to $27,200, and at the close ofthe fiscal year 1892 to $20,000, a reduction of $7,200 during the year. Detailed information in regard to the affairs of the District of Columbia will be found in the report to be submitted by the District Commissioners and by the Treasurer of the United States, ex-officio commissioner of the sinking fund of the District. W O R L D ' S COLUMBIAN EXPOSITION. Satisfactory progress has been made in the preparation of the Treas ury Department's contribution to the Government exhibit at the World's Columbian Exposition. The Government building on the Exposition grounds, constructed under the direction of the Supervising Architect, of the Treasury, is approaching completion and is now ready for the reception of exhibits. Suitable arrangements have been made for carrying out the customs laws and regulatipus. respecting the admission of foreign goods for exhibition. LXXVIII REPORT OF THE SECRETARY OF T H E TREASURY. PUBLIC ACCOUNTS.^ The desirability, if indeed it be not a necessity, of a change in the methods of disbursing X3ublic moneys, and the examination^ adjudication, and settlement of public accounts, has long been manifest, not only to the officers of the Treasury Department charged with, and responsible for, the official working of those methods, but to many committees of Congress, standing and select, which have inquired into, and reported upon, such methods. There is now a triplicate system of examination of public accounts, which has no counterpart in any other Government, whether European or in the several States of the Union. It is not only vexatious in respect to details, but wrong in respect to system. Beyond that, however, is the fact that it is highly expensive, without compensating results to the Government, while, in spite of the examination by three different offices and ^^sets" of clerks, accounts and claims are occasionally improperly adjusted or allowed. ' The whole duty of control and audit appertaining to the public expenditure should be under the administrative direction of a Comptroller-General or Chief Comptroller of the Treasury, within whose bureau a board of audit might be created for the determination of quasijudicial questions arising in the examination, statement, and settlement of accounts, if that mode- of procedure should be regarded with favor. Standing and select coinmittees of Congress have, from time to time, been instructed to inquire into the defects of departmental methods, and have made many valuable reports thereon, recommending or suggesting various changes, many of which have been enacted into law by Congress, with amendments recomrnended by various Secretaries of the Treasury. Commissions or committees, composed of officers and clerks of the Treasury Department, have, from time to time, been appointed to examine into the methods of the Department, and have recommended changes which have been adopted in whole or part as ^^ Treasury Eegulations." . But these investigations and recommendations, valuable as they were, have fallen far short of meeting the requiremerits of the situation. In the nature of things, it is impossible for committees of Congress, with other duties and obligations as to committee and department work pressing upon its members, to give their entire time to a study of this great problem, and the same is true as to a commission composed of officers and clerks in the Treasury Department. They have their own current work to perform, most of it important (its members being REPORT OF THE SECRETARY OF THE TREASURY. LXXIX selected on account of their ability and efficiency), which can not be neglected, postponed, or transferred; and then, trained and accustomed as they are to existiug methods, it is but natural to .suppose that, they would be slow to recommend radical changes therein. Fpr this reason, it is believed that a npn-partisan commission, similar in its organization to the Interstate Commerce Commission, but limited to a period of, say, three years' duration (which can be extended temporarily, if necessary), organized exclusively for the purpose of examining into existing methods of business and work in the several Executive Departments, more especially as to the disbursement of public money aud the examination,- adjudication, and settlement of public accounts, with' the view of either establishing simpler and more accurate, as well as economical methods, or providing for a consolidation ofthe accounting offices of the Treasury Department, thus accomplishing a considerable reduction in the number of employes and a resulting reduction of expenditure for salaries, (thereby promoting the efficiency and general good of the public service) is highly desirable, and the subject is earnestly commended to the cousideration of the President arid Congress. ' PROMOTIONS IN THE-TREASURY DEPARTMENT. The establishment, under the President's order,, of an efficiency record which is the determining factor in the selection of clerks for promotion, has tended strongly to secure punctuality, regular, attendance, industry, and accuracy, and the ambitious employes have endeavored to complete their knowledge of all matters pertaining to the offices in which they are employed, and to add = to their stock of academic acquirements and general information. The ends usually sought by coercive rules and regulations haye been better attained by the rewards offered for fidelity and ability. The friction first encountered in putting the new methods into effect has been largely overcome and ratings by the chiefs of division are practically equitable as between the several divisions. The experience of the Department in making selections for places excepted from the competitive examination induced my predecessor to subject each candidate for the position of special agent to an examination as a test of fitness. I found the application of the principle to be beneficial to the service and continued it; and for the same reason I have applied during the year a like test of fitness to candidates for the position of chief of division with equally good results. So far as can be learned the promotions, with few exceptions, have been approved by the chiefs and clerks of the bureaus in which they LXXX REPORT OF THE SECRETARY OF THE TREASURY. : havebeen made. The head of the Department has been relieved of the importunities for promotion from those outside the classified service and from those within. The hope is entertained that the present rules, with a few modifications^ will eventually place promotions wholly pn the basis of merit, as ascertained from the records of faithfulness and efficiency of the clerks made from day to day. Attention is invited to the report of the Examiner, to be found in the Appendix.^ REPORTS OF HEADS OF OFFICES. The several reports of the heads of offices and bureaus are herewith transmitted, a n d t h e Secretary desires to express his api)reciation of the valuable service rendered to him by the officers and employes of this Department in the transaction of the public business. CHAELES FOSTEE, Secretary of the Treasury. The Hon. T H E SPEAKER OF THE H O U S E OF EEPRESENTATIVES. * See page 809. TABLES ACCOMPANYING THE REPORT ON THE FINANCES. FI 92- ^. VI ^ T A B L E A . — S T A T E M E N T OF T H E OUTSTANDING P R I N C I P A L OF T H E P U B L I C D E B T OF THE U N I T E D STATES, J U N E 30, Length of loan. When redeem- Rate of interest. able. 1891. Price authorat which Amount Amount issued, ized. sold. Amount outstanding. OLD DEBT. For detailed information in regard to tlie earlier loans embraced under this hpad, see Finance Report for 1876. $151, 770.26 Indefinite. On demand ... 5 and 6 per cent. Ul TREASURY NOTES PRIOR TO 1846. Acts of October 12, 1837 (5 Statutes, 201); May 21, 1838 (5 Statutes, ,228); Marcli 2, 1839 (5 Statutes, 323); Marcli 31,1840 (5 Statutes, 370); February 15,1841 (5 Statutes, 411); January 31,1842 (5 Statutes, 469); August 31,1842 (5 Statutes, 581); and March 3,1843 (5 Statutes, 614). 1 and 2 years 1 and 2 years from date. ^:'(y of 1 to 6 P a r . per cent. $51, 000,000.00 $47,002,900.00 (*) y-H Q ^ • TREASURY NOTES OF 1846. A c t o f J u l y 22, 1846 (9 Statutes, 39) 1 year 1 year date. 5 years 5 years from date. MEXICAN I N D E M N I T Y . Act of August 10, 1846 (9 Statutes, 94) TREASUilY NOTES OF 1847. A c t o f January 28, 1847 (9 Statutes, 118) TREASURY NOTES OF 1857. Act of December 23, 1857 (11 Statutes, 257) • LOAN OF 1847. A c t o f January 28, 1847 (9 Statutes, 118) T E X A N I N D E M N I T Y STOCK. Act of September 9, 1850 (9 Statutes, 447) LOAN OF 1858. Aotof J u n e 14, 1858 (11 Statutes, 365) ' . . . . . . . - . . . Par. 10, 000, 000. 00 7,687,800.00 (*) 5 per cent... P a r . 320, 000.00 303,573.92 (*) r\ of 1 to 5f per cent. Par. 3 to 6 per cent. Par. Indefinite... A t the pleasure of the Government. 6 per cent... P a r . 20 years 6 per cent... Ih . to " 2 per cent. pre,m'm. 5 per cent... Par lyear 14 years 1 year date. from, Jan. 1,1868.-.'. J a n . l , 1SG5 15 years . . . . Jan. 1,1874.... 5 per cent... Avernge prem'm 23, 000, 000. 00' 126,122,100.00 (*) Indefinite. 52, 778, 900. 00 ' (*) Indefinite. 233, 075.00 t Including reissues. n I—( o 23, 000, 000. 00 + 28,230,350.00 950.00 10, 000, 000. 00 5, 000, 000. 00 20, 000. 00 20,000,000.00 20, 000, 000. 00 2, 000.00 td o f 3 j[5^'iy. •Included in "old debt." Q o 5g and 6 per cent. 1 and 2 years 1 and 2 years frora date. BOUNTY-LAND SCRIP. Act of February 11, 1847 (9 Statutes, 125) from J Including conversion of Treasury notes f >^ M M t^ X T A B L E A . — S T A T E M E N T OF T H E OUTSTANDING P R I N C I P A L OF T H E P U B L I C D E B T , ETC.—Continued. Length of loan. When redeemable. authorRate of in- atPrice which Amount Amountissued. terest. ized. sold. Amount outstanding. \^ LOAN OF FEBRUARY, 1861 (1881s). Act of February 8,1861 (12 Statutes, 129) 10 or 20 years] Dec. 31,1880. . 6 per cent. . (Av.)89.03 25, 000,000. 00 18,415, 000. 00 6,000. 00 35, 364,450.00 2,500.00 1, 090, 850.00 2, 550. 00 hj O TREASURY NOTES OF 1861. Act of March 2,1861 (12 Statutes, 178)..--. OREGON W A R DEBT. Act of March 2,1861 (12 Statutes, 198) - :....• , 60 days or 2 years. 60 days or 2 years after date. , 20 years July 1,1881... 6 per cent... P a r . . . . . 6 per cent... P a r to Indefinite. ct. pr m. 2,800, 000. 00 LOAN OF J U L Y AND AUGUST, 1801. . The act of July 17,1861 (12 Statutes, 259), authorized the issue of $250,000,000 bonds, with interest at not exceeding 7 per centum per annum, redeemable after tw'eenty years. The actof August 5, 1861 (12 Statutes, 316), authorized the issue of bonds, with interest at 6 per centum per annum, payable after twentj^ years from date, in exchange for 7-30 notes issued under the act of July 17,1861. o 1T¥<T per Ul 20 years . After June 30, 1881.. 6 per cent. . P a r . 250, 000, 00,0. 00 189, 321, 350. 00 60, 850. 00 o 60, 000, 000. 00 *60, 030, 000. 00 55, 647. 50 ffi LOAN OF J U L Y AND AUGUST, 1861. A t the pleas- 3i per cent . P a r . ure of the Government. Continued at 3J xDcr cent interest, and redeemable at the pleasure of the Government. OLD DEMAND NOTES. Indefinite. Acts of J u l y 17, 1861 (12 Statutes, 259); August 5, 1861 (12 Statutes, 313); February 12,1862-(12 Statutes,,338). Indefinite. . On demand . . . None Par. SEVEN-THIRTIES OF 1861. Aug. 19 and Oct. 1,1864. Act of J u l y 17,1861 (12 Statutes, 259) 3 years F I V E - T W E N T I E S OF 1862. Acts of February 25, 1862 (12 Statutes, 345); March 3, 1864 (13 Statutes, 13), and January 28,1865 (13 Statutes, 425). 5 or 20 years. May 1,1867 . LEGAL-TENDER NOTES. The act of February 25, 1862 (12 Statutes, 345), authorized-the issue of $150,000,000 United States notes, not bearing interest, payable to bearer at the Treasury of the United States, and of such denominations, not less than five dollars, as the Secretary of the Treasury Indefinite... 139, 999, 750. 00 .10, 800. 00 6 per cent. . Av.pre.of] 515, 000, 000. 00 514, 771, 600. 00 250, 400. 00 7x'V per cent. Av.pre.ofj Indefinite. Ul On demand ... None 450, 000, 000. 00 346, 681, 010. 00 might deem expedient, $50,000«000 to be applied to the redemption of demand notes authorized by the act of July 17, 1861; these notes to be a legal tender in payment of all debts, public and private within the UnitedStates, except duties on imports and interest onthe public debt, and to be exchangeable for 6 per cent United States bonds. The act of J u l y 11, 1862 (12 Statutes, 532), authorized an additional issue of $150,000,000 of such denominations as the Secretary, of the Treasury might deem expedient, but no such note should be for a fractional part of a dollar, arid not more than $35,000,000 of a lower denomination than five dollars; these notes to be a legal tender as before authorized. The act of March 3, 1863 (12 Statutes, 710), authorized an additional issue of $150,000,000 of such denominations, not less than one dollar, as the Secretary of the . Treasury might prescribe; which notes were made a legal tender .as before authorized. The same act limited the time in which tlie Treasury notes might be exchanged for UnitedoStatesbonds to July 1, 1863. The amount of notes authorized by this act were to be iii lieu of $100,000,000 authorized by the resolution of January 17,1863 (12 Statutes 822). The act of May 31, 1878 (20 Statues 87), provides thatnomore ofthe United States legal-tender notes ahall be canceled or retired, and that when any of said notes ai:e redeemed or received' into the Treasury under any law, from any source whatever, and shall belong to the United States, they shall not be retired, canceled or destroyed, but shall be reissued and paid out again, and kept in circulation. '' TEMPORARY LOAN. o c=l >^l U H > tzj O 1—( ^ Q •T) ^ HH • iz! Q 1—( Acts of February 25, 1862 (12 Statutes, 346); Marcli 17, 1862 (12 Statutes, 370); July 11,1862 (12 Statutes, 532), and J u n e 30,1864 (13 Statutes, 218). CERTIFICATES OF INDEBTEDNESS. Indefinite. Acts of March 1, 1862 (12 Statutes, 352); May 17, 1862 (12 Statutes, 370), and March 3, 1863 (12 Statutes, 710)." lyear. After ten days 4, 5, and e notice. per cent. Par. 150, 000, oop. 00 '716, 099, 247.16 2, 960.00 O ^ I year aftar date. 6 per cent. Par- None . Par. 561, 753, 241. 65 4, 000. 00 50,000,000.00 ^368,720,079. 51 6, 903,462. 62 No limit. FRACTIONAL CURRENCY. Acts of J u l y 17, 1862 (12 Statutes 592); Marcli 3, 1863 (12 Statutes, 711), and J u n e 30, 1864 (13 Statutes, 220). ' Indefinite... On presentation. H^ M H' ^ a td t-< o LOAN OF 1863. The act of March 3, 1863 (12 Statutes, 709), authorized a loan of $900,000,000, and the issue of bonds, with interest not exceeding 6 per centum per annum, and redeemable in not less than ten nor more than forty years, principal and interest payable in coin. The act of J u n e 30, 1864 (13 Statutes, 219), repeals the above authority, except as to the $75,000,000 of bonds already advertised for. Bonds of this loan continued at 3^ per cent interest, and redeemable at the pleasure of the Government. ^ > t^ 17 years. J u l y l , 1881. 6 percent.. Indefinite.. At the pleasure 3J per cent. of the Government. * Including reissues. Average premium of Par. 75,000, 000. 00 75, 000, 000. 00 11,600.00 td ^ 1,100.00 SX X <J T A B L E A . — S T A T E M E N T O F T H E OUTSTANDING P R I N C I P A L O F T H E P U B L I C D E B T . ETC.—Continued. W h e n redeemable. Price R a t e of inat which Amount author Amountissued terest. ized. sold. lyear .. 1 year date. after 5 per cent. Par. $400, 000.000.00 $44,520,000.00 $33, 205. 00 2 years 2 years date. after 5 per cent.. Par. 400,000,000.00 166,480,000.00 27,950.00 3 years 3 years elate. from 6 p e r cent compound. Par. 400,000,000.00 266,595,440.00 175,940. 00 L e n g t h bf loan. A m o u n t outstanding. O N E - Y E A R N O T E S O F 1863. A c t of M a r c h 3, 1863 (12 S t a t u t e s , 710) T W O - Y E A R N O T E S O F 1863. A c t - o f M a r c l i 3, 1863 (12 S t a t u t e s , 710) Q COMPOUND-INTEREST NOTES. A c t s of M a r c l i 3,1863 <12 S t a t u t e s , 710), a n d J u n e 30,1864 (13 S t a t u t e s , 218). Ul T E N - F O R T I E S O P 1864. A c t of Mai-ch 3, 1864 i(13 S t a t u t e ^ 13) 10 or 40 y e a r s . M a r c h 1,1874 5 p e r c e n t . . . P a r t o 7 200,000,000.00 per ct. prem. 196,118,300.00 42,900.00 125,561,300. 00 32,400.00 •; 5 or 20 y e a r s . N o v . 1,1869 o . . 6 p e r c e n t . A v . p r e m 400, 000, 000.00 of 2xWff o S E V E N - T H I R T I E S O F 1864 A N D 1865. A c t s of J u n e 30,1864 (13 S t a t u t e s , 218); J a n u a r y 28, 1865 (13 S t a t u t e s . 425), a n d M a r c h 3, 1865 (13 S t a t u t e s , 468). ^ 3 years .. A u g ..15,1867 15,1867 ) prem J u n ei V 15,1868 S 7 T ^ p e r c t . i Aovf . 2^%%^ J u l y ;15,1868 3 800, OQO, 000.00 *829,992,500. 00 *128, 450.00 F I V E - T W E N T I E S O F 1865. A c t s of M a r c l i 3,1865 (13 S t a t u t e s , 468), a n d A p r i l 12,1886 (14 S t a t u t e s , 31). 5 or 20 y e a r s . N o v . 1,1870 . . . 6 p e r c e n t . . . A v . p r e m of .3xW^ Indefinite. 203,327,250.00 24,150. 00 5 or 20 y e a r s . J u l y 1 , 1 8 7 0 . . . 6 p e r c e n t . Av.prem of l i % Indefinite. 332,998,950,00 122, 600. 00 379,618, 000.00 204, 600.00 C O N S O L S O F 1867. A c t a of M a r c h 3,1865 (]3 S t a t u t e s , 408), £ind A p r i l 12,1866 (14 S t a t u t e s , 31). > , ffi H ?d > Ul rH C O N S O L S O F 1865. A c t s of M a r c h 3, 1865 (13 S t a t u t e s , 468^ a n d A p r i l 12,1866 (14 S t a t u t e s , 31). td • > F I V E - T W E N T I E S O F 1864. A c t of J u n e 30, 1864 (13 S t a t u t e s , 218) o 5 or 20 y e a r s . J u l y 1,1872 . . . 6 p e r c e n t . . . A v . p r e m . [ I n d e f i n i t e . . . of xB-as I P^ • CONSOLS OF 1868. Acts of March 3,1865 (13 Statutes, 468), and April 12,1866 (14 Statutes,. 5 or 20 years. July 1, IStS".. 31). '42,539,350.00 44, 650.00 75,000,000. 00 '^•85,155, 000.00 5, 000.00 6 per cent.. Av.prem. Indefinite. ofi^a THREE-PER-CENT CERTIFICATES. Acts ofMarch 2,1867 (14 Statutes, 558), and July 25,1868 (15 Statutes, • 183). O Indefinite. On demand . 3 per cent. . P a r . uo- FIVE-PER-CENT LOAN OF 1881. The act of January 14,1875 (18 Statutes, 296), authorizes the Secretary of the Treasury*to use any surplus revenues from time tp time in t h e Treasury not otherwise appropriated, and to issue, sell, dispose of, at not less than par, in coin, either of the description of bonds of the United States described in the act of July 14,1870 (16 Statutes, 272), to the extent necessary for the redemption of fractional currency in silver coins of the denominations of ten, twenty-five, and fifty cents of standard value. The act of Marcli 3,1875 (18 Statutes, 466), directs the Secretary of the Treasury to issue bonds of the character and description set out in the act of July 14,1870 (16 Statutes, 272), to James B. Eads, or his legal representatives, in payment at par of the warrants of the Secretary of War for the construction of jetties and auxiliary works to maintain a wide and deep channel between the South Pass of the Mississippi River, and the Gulf of Mexico, iinless Congress shall have previouslj^ provided for the payment of the same by the necessary appropriation of money. The act of July 14, 1870 (16 Statutes,. 272), authorizes the issue of May 1,1881 . . . 5 per cent. 10 years$200,000,000 at 5 per centum, i)rincipal and interest payable in coin of the present standard value, at the pleasure of th.e IJnited States Government, after ten years; these bonds to be exempt from the payment of all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority. Bonds and coupons payable at the Treasury of the United States. This act not to authorize an increase of the bonded debt of the United States. Bonds to be sold at not less than par in coiu, and the proceeds to be applied to the redemption of outstanding 5-20's or to be exchanged for said 5-20's par ibr par. Payment of these bonds, when due, to be madein order of dates andnumbers, beginning with each class last dated and numbered. Interest to cease at the end bf three months from notice of intention to redeem. The act of January 20, 1871 (16 Statutes, 399), increases the amount of 5 per cents to $500,000,000, provided the total amount of bonds,issued shall uot exceed the amount originally authorized, and authorizes the interest on any of these bonds to be paid quarterly. The act of December 17, 1873 (18 Statutes, 1), authorized the issue of au • equal amount of bonds ofthe loan of 1858, which the holders thereof ntay, on or before February 1, 1874, elect to exchange for the bonds of this loan. ' " ' * Including reissues. r 1—* "^ Q td . 517,994,150.00 Par... 39.800\00 ffi t-l 1.500,000,000.00 X- T A B L E A.—STATEMENT OF THE OUTSTANDING P R I N C I T A L OF THE P U B L I C D E B T , ETC.—CoiiliiiueM. Length of loan. FOUR-AND-ONE-HALF-PER-CENT LOAN OF 1891. (REFJJNDING.) .: ^ The act of July-14, 1870-(16 Statutes, 272), authorizes the issue of $300,000,000 at 4^ per centum, payable in coin of the present standard value, at. the pleasure of the United States Government, after fifteen years; these bonds to be exempt from the payment of all taxes or duties ofthe United States, as well as from taxation in anj^ form by or under State, municipal, or local authority. Bonds and coupons payable at the Treasury of the United States. This act not to authorize an increase of the bonded debt o f t h e United States. Bonds to be sold at not less than par in coin, and the proceeds to be applied to the redemption of outstanding 5-20's or to be exchanged for said 5-20's, par for par. Payment of these bonds, when due. to be made in order of dates and numbers, beginning with each class last dated and numbered., Interest to cease at the end of three months from notice of intention to redeem. FOUR-AND-ONE-HALF-PER-CENT LOAN OF 1891. (RESUMPTION.) • ' The act of January 14, 1875 (18 Statutes, 296), authorizes the Secretary of the Treasury to use any surplus revenues from time to time in tJie Treasnry not otherwise'appropriated, and to issue, sell, dispose of, at not less th'an par in coin, either of the description of bonds of the United States described in the act of J u l y 14, 1870 (16 Statutes, 272), for the purpose of redeemiiig, on and after January 1, 1879, in coin, at the office of the assistant treasurer of the United States in New York, the outstanding United States legal-tender notes when presented in sums of not less than fifty dolllu's. FOUR-PER-CENT LOAN OF 1907. 15 years. Rate of interest. Price n t authorat which Am ouized. Amountissued. sold. Sept. 1,1891 .. 4^ per cent. Par... X Aniount outstaiidinoj. 85,000.000.00 -d O O $1, 231, 200. 00 3 Ul o 15 years. Sept. 1,1891. 4^ per cent.. Par to 1^ per ct. premium. Indefinite. S5, 000, 300. 30 J o. (REFUNDING.) The act of July 14, 1870 (16 Statutes, 272), authorizes the issue of. 30 years. $1,000,000,ooo'at 4 per centum, payable in coin of the present standard value, at the pleasure of the United States Government, after thirty years,- these bonds to be exempt from the payment of all taxes (.)r duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority. Bonds and coupon's payable at the Treasury of the United States. This act not to authorize an increase of the bonded debt of the United States. Bonds to be sold at not less than par in coin, and the proceeds to be applied to the redemption of outstanding 5-20's, or to be exchanged for said 5-20's. par for par. Payinent of these bonds, when due, to be made in order of dates and numbers, beginning with each class When redeemable. July 1,1907 .. 4 per cent. Par to \ Ptir ct. premiuni. 710, 327, 350. 00 ?d r:3 -. 559.581, 250. 00 last dated and nurabf>red. Interest to cease at the end of three months from notice of intention to redeem. See refunding Certificates, below. FOUR-PERCENT LOAN OF 1907. (RESUMPTION.) The act of January 14,1875 (18 Statutes, 296), authorizes the Secretary of the Treasury to use any surplus revenues from time to time in the Treasury not otherwise appropriated, and to issue, sell, dispose of at not less than par, in coin, either of the description of bonds of theUnited States described in the act of July 14, 1870 (16 Statutes, 272), for the purpose of redeeming, on and after January 1, 1879, in . ^coin, at the office of the assistant treasurer of the United States in New York, the outstanding United States legal-tender notes when presented in sums of not less than fifty dollars. 30 July 1,1907 ... 4 per cent.. Par. Indefinite. 30,500,000.00 a ffi. ^- Ul S. CERTIFICATES OF DEPOSIT. The act of June 8, 1872 (17 Statutes, 336), authorizes the deposit of United States notes withoutinterestby bankingassociations insums not less than $10,000, and the issue of certificates therefor in denominations of not less than $5,000; which certificates shall be payable on demand in United States-notes at the place where the deposits were made. I t provides that the notes so deposited in the Treasury - shall not be counted as a part of the legal reserve, but that the certificates issued therefor may be held and counted by the natioual banks as part of their legal reserve; and may be accepted in the settlement of clearing-house balances at the place where the deposits therefor were made, and that the United States notes for which such certificates were issued, or other United States notes of like amount, shall be held as special deposits in the Treasury, and used only for the redemption of such certificates. ^ Indefinite. On demand . None . Par. No limit. 64, 780, OOG. 00 30, 320, 000. 00 td i^> ^.; o ^• t> o- GOLD CERTIFICATES. The act of March 3, 1863 (12 Statutes, 711), authorizes the Secretary of the Treasury to receive deposits of gold coin and bullion in sums of not less than twenty dollars, and to issue certificates therefor, iu denominations of not less than twenty dollars each; the coin and bullion deposited for or representing the certificates to be retained in the Tieasury for the payment of the same on demand. The certificates so issued to be received at par in payment of interest on the public debt and for.diities on imports. The act of July .12, 1882 (22 Statutes, 165), provides that the Secretary of the Treasury shall suspend the issue of gold certificates whenever the amount of gold coin and gold bullion in the Treasury reserved for the redemption of United States notes falls below one nundred millions of dollars. Indefinite. On deinand . . . None . Par. Indefinite. 156, 598, 929. 00 ffi' td-- td- X X X ><; T A B L E A.—STATEMENT OF T H E OUTSTANDING P R I N C I P A L O F T H E P U B L I C DEBT^ ETC.—Continued. Length of loan. ^ When redeemable. The act of February 28, '1878 (20 Statutes, 26, sec. 3), provides that any holder of the coin authorized bj' this act may deposit the same with the Treasurer or any assistant treasurer of the United States in sums not less than ten dollars and receive therefor certificates of Bootless than ten dollars each, correbponding with the denominations ofthe Uuited States notes. The coin deposited for or representing the certificates shall be retained in the Treasury for the payment of the same on demand. Said certificates shallbereceivableforcustoras, taxes, and all public dues, and, when so received, ma^ be reissued. The act of August 4, 1886 (24 Statutes, 227), authorizes the issue of silver certificates in denominations of one, two, and five dollars; said certificates to be receivable, redeemable, and payable in like manner and ibr like purposes as is provided for by the act of February 28,1878. ' ' REFUNDING CERTIFICATES. Indefinite. On demand . . The act of February 26,1879 (20 Statutes, 321), authorizes the Secretary of the Treasury to issue, in exchange for lawful money of the United States, certificates of deposit, of the denomination of ten dollars, bearing interest at the rate of four per centum per annum, and convertible at any time, with accrued interest, into the four per centum bonds described in the refunding act; the money so received to be applied only to^lie payment of the bonds bearing interest at a rate not less than five per centum, in the mode prescribed by said act. Indefinite. Rate of interest. Price authorAmount ontat which Amount Amount issued. standing. ized. sold. t=i 13 SILVER CERTIFICATES. None . Par. $331,614, 304.00 No limit. O ffi Ul o Convertible in- 4 per cent.., P a r . to 4 per cent bonds. No limit. $40,012,750.00 83,580.00 o ffi FUNDED LOAN OF 1881, CONTINUED A T T H R E E AND ONEH A L F P E R CENT. These bonds were issued in exchange for five-per-cent bonds of the funded loan of 1881, by mutual agreement between the Secretary of « the Treasury and the holders, and were made redeemable at the pleasure of the Government. o Indefinite.. A t pleasure of 3J per cent. the Govern-, ment. 21,150.00 Par. > Ul r-i FUNDED LOAN OF 1891, CONTINUED A T TWO P E R CENT. These bonds were issued in exchange for the four and one-half per .cent funded loan of 1891, by mutual agreement between the Secretary of tlie Treasury and the holders, and were made redeemable at the pleasure of the Government. Indefinite... A t pleasure of the Government. 2 per cent. Par. 25, 364, 500.00 25,364,500.00 H4 ^OAN OF JULY 12, 1882. \ : These, bonds were is.sued in exchange forthe five and six per cent Indefinite... A t pleasure of 3 per cent.. bonds which had been previously continued at three and one-half the Govern-' per cent by mutual agreement between the Secretary of the Treasment. ury and the holders, and- were, made redeemable at the pleasure of th« Government. TREASURY NOTES O F 1890. ' . Theact of J u l y 14,1890 (26 Statutes, 289), directs the Secretary of the Treasury to purchase, from time to time, silver bullion to the aggregate amount of four million five hundred thousand ounces, or so much tliereof as may be ofi'ered iu each month, at the market price thereof, not exceeding oue dollar for three hundred and seventyone and twenty-five hundredths grains'^of pure silver, and to issue in payment for such purchases of silver bullion Treasury notes of the "United States, to be prepared by the Secretary of the Treasury, in .such form and of such denominations, not less than one dollar nor more than one thousand dollars, as he may prespribe. That said notes shall be redeemable on demand, in coin, at the Treasury of the United States, or at the office of any assistant treasurer of the United States, and when so redeemed may be reissued; but no greater or less amount of such notes shall be outstanding at any time than the.cost of the silver bullion and the standard sflver dollars coined therefrom then held in the Treasury, purchased by such notes; and such Treasurj'^ notes shall be a legal tender in payment of all debts, public and private, except where otherwise expressly stipulated in the contract, and shall be receivable for customs, taxes, and all public dues, and when so received may be reissued: and such notes, when held by auy national banking association, niay be counted as a part of its lawful reserve. That upon demand of the holder of any of the Treasury notes provided for the Secretary of the Treasnry shall redeem the same in gold or silver coin, at his discretion, it being the established policy of the .United States to maintain the two metals On a parity with each other upon the present legal ratio, or such ratio as may be provided by law. NATIONAL BANK NOTES (REDEMPTION ACCOUNT). The act of J u l y 14, 1890 (26. Statuses, 289), provides that balances standing witli the Treasurer of tiie United States to the respective credits of national banks fpr deposits made to redeem the circu• latiug notes of such banks, and all dei)6sits thereafter received for like purpose, shall be covered into the Treasury as a miscellaneous receipt, and the Treasurer of the Ur^ited States shall redeem from the general cash in the Treasury the circulating notes of said banks which inay come into his p'ossession subject to redemption, * * * and the balance remaining of the deposits so covered shall, at the. close of each month, be reported o» the monthly public debt statement as debt of the United States bearing no interest. Par. $98,800.00 $50,228,417.00 101,712,07L00 Ul >-+ Q hd Q H-l o >^ .ffi fei 3 26, 763, 50'9.25 W to -1,588,464,144.63 *I*s:clusive of $04,623,512 bonds issued to Pacific railroads. > O ffi' X a XCII REPORT OF THE SECRETARY OF THE TREASURY, T A B L E B . — S T A T E M E N T OF OUTSTANDING P R I N C I P A L OF THE P U B L I C D E B T OF U N I T E D STATES ON THE 1ST OF J A N U A R Y OF EACH Y E A R FROM 1791 INCLUSIVE, AND ON THE 1ST OF J U L Y OF E A C H YEAR FROM 1843 Year. Jan. 1,1791.. 1792-. 1793.. 1794.. 1795.. 1796.: 1797.. 1798.. 1799.. 1800.. 1801.. 1802.. 1803.. 1804.. 1805.. 1806.. 1807.. 1808.. 1809.. 1810.. 1811.. 1812.. 1813.. 1814.. 1815.. 1816.. 1817.. 1818.. 1819., 1820.. 1821.. 1822., 1823., 1824., 1825. 1826. 1827., 1828., 1829., 1830., 1831., 1832.,, 1833., 1834., 1835. 1836. 1837. 1838. 1839. 1840. 1841. 1842. Year. $75, 463, 476.52 Jan. 1,1843. 77, 227,924.66 July 1,1843. 80, 358, 634. 04 1844. 78, 427,404.77 • 1845. 80, 747.587.39 1846. 83, 762i 172.07 1847. 82, 064, 479. 33 1848. 79, 228,529.12 1849. 78, 408, 669.77 1850. 82, 976, 294.35 1851. 83, 038, 050.80 1852. 80, 712, 632.25 ' 1853. 77, 054.686.40 1854. 86, 427,120. 88 . 1855. 82, 312,150.50 1856. 75, 723,270. 66 1857. 69, 218,398. 64 1858. 65, 196,317.97 1859. 57, 023,192. 09 1860. 53, 173, 217. 52 1861, 48, 005,587. 76 1862. 45, 209, 737.90 1863. 55, 962, 827.57 1864. 81, 487, 846.24 1865. 99, 833, 660.15 . 1866. 127, 334,933. 74 1867. 123, 491,965.16 1868. 103, 466, 633. 83 1869, 95, 529, 648.28 1870. 91, 015, 566. lb 1871 89, 987,427.66 1872. 93, 546,676. 98 1873. 90 875,'877.28 1874, 90, 269,777.77 1875, 83, 788,432.71 1876. 81, 054, 059.99 1877, 73, 987, 357.20 1878 67, 475,043. 87 1879, 58, 421,413. 67 1880, 48, 565,406.50 1881 39, 123,191. 68 1882 24, 322, 235.18 1883. 7, 001, 698. 83 1884. 4, 760, 082. 08 1885, 1886 33, 733. 05 1887 37,513.05 1888. 336, 957. 83 1^9, 308,124.07 1890, 434, 221.14 1891 573, 348.82 1892 250,875.54 594,480. 73 TO 1892, TO THE 1843, INCLUSIVE. Amount. 201,226. 27 32, 742, 922. 00 23, 461, 652.50 15, .925, 303. 01 15, 550, 202. 97 38, 826, 534.77 47, 044, 862'. 23 63, 061,858.69 63, 452,773.55 • 68, 304,796.02 66, 199, 341.71 59, 803,117.70 42, 242.222.42 35, 586, 956. 56 31, 932, 537. 90 28, 699, 831. 85 44, 911, 881. 03 58, 496, 837.88 64, 842, 287. 88 90, 580,873.72 ' 524, 176,412.13 1,119, 772,138.63 1, 815, 784,370.57 2, 680, 647,869. 74 2, 773, 236,173. 69' 2, 678, 126,103.87 2, 611, 687,85L19' 2,588, 452, 213. 94. 2,480, 672,427.81 2, 353, 211, 332.32: 2,253, 251,328.78 *2, 234, 482, 993. 20^ *2, 251, 690.468.43 •^2, 232, 284,531. 95. ^2,180, 395,067.15 *2, 205, 301, 392.10' *2,256, 205, 892. 53: *2,349. 567,482.04*2,120; 415, 370. 63.: ^-9, 069, 013, 569. 58^ '•1, 918, •312, 994. 03: *1, 884! 171, 728.07 *1,830, 528,923.57 t l , 876, 424,275.14 t l , 756, 445, 205. 78 t l , 688, 229, 591. 63 tL,705, 992, 320. 58 t l , 640, 673, 340. 23 t l , 585, 821, 048.73 fl, 560, 472, 784. 61 t l , 628, 840,151. 63 * I n t h e a m o u n t h e r e s t a t e d as t h e o u t s t a n d i n g p r i n c i p a l of t h e p u b l i c d e b t a r e i n c l u d e d t h e certific a t e s of d e p o s i t o u t s t a n d i n g on t h e 30th of J u n e , i s s u e d u n d e r a c t of J u n e 8,1872, for whicli a l i k e a m o u n t in U n i t e d S t a t e s n o t e s w a s on special d e p o s i t i n t h e T r e a s u r y for t h e i r r e d e m p t i o n , a n d a d d e d t o t h e cash b a l a n c e in t h e T r e a s u r y . T h e s e certificates, as a m a t t e r of a c c o u n t s , a r e t r e a t e d as a p a r t of t h e p u b l i c debt, b u t b e i n g ofi'set b y n o t e s held on d e p o s i t f o r t h e i r r e d e m p t i o n s h o u l d p r o p e r l y b e d e d u c t e d from t h e p r i n c i p a l of t h e p u b l i c d e b t in m a k i n g c o m p a r i s o n w i t h former y e a r s . t E x c l u s i v e of gold, silver, c u r r e n c y certificates, a n d T r e a s u r y n o t e s of 1890, held in the T r e a s u r e r ' s c a s h , a n d i n c l u d i n g $64,623,512 b o n d s i s s u e d t o t h e s e v e r a l Pacific r a i l r o a d s . T A B L E C . — A N A L Y S I S OF T H E P R I N C I P A L OF T H E P U B L I C D E B T OF T H E U N I T E D S T A T E S FROM J U L Y 1, 1856, Year. 1856 1857 1858 1859 1860 1861. 1862 .1863 1864 1865 1 8 6 5 — A u g u s t 31 1866 1867 1868 1869 -. 1870 1871 : .. . 1872 : 1873 1874 1875 1876..^ 1877 1878 1879..'. 1880 1881 ISS"? J S S 3 . . . ' . . . . ' . ' . ' . . . '. . ' '. 1884... ^.. 1885 1886 1887 1888 1889 1890 1891 1892.. 3 per cents. 3^,per cents. 4 per cents. 4| per cents. > _ $04, 000, 000. 00 66,125, 000. 00 59, 550, 000. 00 45, 885, 000. 00 24, 665, 000. 00 14, 000, 000. 00 14, 000, 000. 00 14, 000, 000. 00 14, 000, 000. 00 14, 000,-000. 00 14,000, 000. 00 14,000, 000. 00 14, 000, 000. 00 14, 000, 000. 00 14, 000, 000. 00 $460,461, 050. 00 318, 204, 350. 00 • 32,082,600.00 238, 612,150. 00 208,190,500 00 158, 046, 600 00 33, 716, 500 00 14, 000, 000. 00 ~ 14, 000, 000. 00 14, 000, 000. 00 . "^ '.: . ..:.. $57, 926,116 57 105, 629,385. 30 77, 547, 696.07 90, 496,930.74 618,127.98" 121, 341,879. 62 17,725.025. 68 801, 361. 23 678, 000. 00 678,000.00 678,000.00 678, 000.00 678, 000.00 " 98,850,000 00 741,522,000.00 739, 347, 800. 00 739, 347, 800. 00 739, 349, 350.00 737, 942, 200.00 737, 951, 700.00 737, 960, 450. 00 -737, 967, 500. 00 737, 975, 850. 00 714, 315, 450.00 676, 214, 990. 00 602, 297,-360. 00 559,659, 920.00 559,664,830.00 $140, 000, 000 00 240,000,000 00 250,000.000.00 250, 000. 000.00 250, 000, 000. 00 250. 000,000.00 250,000, 000 00 250,000,000 00 250, 000, 000 00 250, 000, 000 00 250,000,000 00 222, 207, 050. 00 139, 639, 000. 00 109, 015, 750. 00 50,869,200.00 •*25,364,500.00 5 per cents. $3,632,000.00 3, 489, 000. 00 23, 538, 000. 00 37,127, 800. 00 43, 476, 300. 00 33, 022, 200. 00 30,483, 000. 00 30, 483, 000. 00 300, 213, 480.00 245, 709,420. 63 269,175,727. 65 201,.982, 665. 01 198, 533, 435. 01 221, 586,185. 01 221, 588,-300. 00 221, 588, 300. 00 274, 236, 450. 00 414,567, 300. 00 414,567,300.00 510, 628, 050. 00 607,132. 750. 00 711, 685; 800. 00 703. 266, 650. 00 703, 266, 650. 00 508,440,350.00 484, 864, 900. 00 439,541,350:00 •• 6 per cents. TO J U L Y 1, ,7i^o per cent. 1892. Total interestbearing debt. $28,130, 761. 77 $31, 762, 761.77 28,460,958.93 24, 971, 958.93 44,700,838.11 21,162,838.11 58, 290, 738.11 21,162, 938.11 64,640, 838.11 21,164,538.11 Ul 90, 380,873. 95 • 57,358,673.95 365, 304, 826. 92 154,313,225. 01 $122, 582, 485.34 - 797,531 634.47 431, 444, 813.83 •139,974.435.34 842, 882, 652. 09 139, 286, 935. 34 1, 359, 930, 763. 50 o 1, 213,495,169.90 671, 610, 397. 02 2,221,311 918.29 1, 281, 736,439. 33 830, 000, 000. 00 2. 381, 530,294. 96 2, 332, 331, 207. 60 1,195, 546, 041. 02 813,460,621.95 1, 543,452, 000.82 488, 344, 846. 95 2, 248, 067, 387. 66 2, 202, 088, 727. 69 37, 397,196.95 1, 878, 303,984. 50 2,162, 060, 522. 39 1,874,347, 222. 39 2, 046, 455. 722. 39 1, 765, 317, 422. 39 1, 934, 696,750. 00 1, 613,897, 300.00 1, 814. 794,100. 00 a 1, 374, 883, 800. 00 1,710,483.950.00 1, 281, 238, 650. 00 1, 738. 920,750. 00 1, 213, 624, 700. 00 1,722, 676,300.00 1,100, 865, 550.00 1, 710, 658. 450. 00 984, 999, 650. 00 1. 711, 888, 500.00 854, 621. 850. 00 1.794.735,650.00 738, 619, 000. 00 1,797, 643,700.00 283, 681, 350.00 1, 723, 993,190.00 235, 780,400.00 1, 639, 567,750.00 196, 378, 600. 00 1. 463; 810,400.00 i; 338, 229,150.00 1,226,563,850.00 a 1,196,150, 950.00 1.346,014,100.00 1, 021, 692, 350.00 9.50, 522, 500. 00 820, 853, 990.^00 725,313,110.00 610, 529,120.00 td 585, 029,-330.00 ' 1^ '• Continued at 2 per cent. X o X T A B L E C . — A N A L Y S I S O F T H E P R I N C I P A L O F T H E P U B L I C D E B T O F T H E U N I T E D STATES, ETC.—Contimiea. Year. 1856—Julyl. 1857. 1858 1859 ' 1860 1861 1862 1863..... 1864 1865. 1865—August 3 1 . 1866—July 1 1867... 1868.. 1869 1870 1871 .V :.. 1872 1873 1874 1875 : 1876 1877 1878 1879 ..:. 1880 1881 1882.. 1883 1884 1885 : 1886 1887 1888 1889 1890 1891... 1892 D e b t cn which in D e b t bporing n o t e r e s t h a s ceased. interest. $209, 776.13 238, 872. 92 211, 042. 92 206, 099. 77 201, 449. 77 199, 999. 77 • ' 280, 195. 21 591, 390. 00 473, 048.16 511, 767,456.00 416, 335. 86 4.55,437, 271. 21 1,245, 771. 20 458, 090,180. 25 1, 503, 020. 09 461, 616, 311. 51 935, 092. 05 439, 969, 874. 04 1,840, 615.01 428, 218,101.20 1,197, 340. 89 408, 401, 782. 61 5, 260, 181. 00 421, 131, 510. 55 430, 508,064.42 3,708, 641. 00 416, 565, 680. 06 1, 948,' 902. 26 430, 530, 431. 52 7, 926, 797. 26 472, 069, 332.94 51, 920, 710.26 509, 543,128.17 3, 216, 590. 26 498, 182,411.69 11, 425, 820 26 405, 807,196. 89 3, 902, 420.26 476, 764. 031. 84 10, 648, 860. 26 455, 875, 682. 27 5, 594, 560. 26 410, 835,741. 78 37,015, 630. 26 388, 800, 815. 37 7, 621, 455. 26 422. 721, 954. 32 6, 723, 865. 26 438; 244, 788. 77 16, 260, 805. 26 538, 111, 162. 81 7,831, 415. 26 584, 308,868.31 19, 656, 205. 26 663; 712, 927. 88 4,100, 995.26 619, 344, 468. 52 9, 704, 445. 26 629, 795, 077. 37 6,115, 165.26 • 739.840, 389. 32 . 2,496, 095. 26 787, 287, 446; 97 1, 911, 485. 26 825, Oil, 289;47 . 1,815, 805. 26 705. 26 933; 852, 766. 35 1, 614, 2,785, 875. 26 1, 000,648, 939. 37 a O u t s t a n d i n g p r i n - C a s h i n t h e T r e a s - T o t a l d e b t less c a s h A n n u a l i n t e r e s t ciiial. ' u r y J u l y 1. iu Treasurv. •charge. $31, 972,537. 90 28, 699, 831. 85 44, 911, 881. 03 58, 496,837.88 64, 842,287,88 90, 580, 873.72 524, 176, 412.13 1.119,772,138.63 1,815,784, 370. 57 2, 680,647, 869. 74 2, 844,649, 626. 56 2, 773,236,173.69 2, 678 126,103. 87 2,611, 687, 851.19 2, 588,452, 213. 94 2, 480,672, 427. 81 2, 363 211, 332. 32 2, 253,251, 328. 78 2, 234,482, 993. 20 2, 251,690, 468. 43 2, 232,284, 531. 95 2,180, 395, 067.15 2, 205,301, 392.10 2, 256,205, 892. 53 2, 245,495,' 072. 04 2.120, 415, 370. 63 2.-069,013, 569. 58 1, 918,J12,994.03 1, 884,171, 728. 07 1, 830,528, 923. 57 1, 863,964, 873.14 1, 775,063, 013. 78 1, 657.602, 592. 63 1, 692,858, 984. 58 1, 619,052, 922. 23 1, 552,140, 204.73 1, 545,996, 591. 61 1, 588,464,144. 63 $21, 006,584.89 18, 701,210. 09 7,011, 689. 31 5, 091,603.69 4, 877,885. 87 2, 862,212. 92 18, 863,659. 96 8,421, 401.22 106, 332,093.53 5, 832,012. 98 88, 218,055.13 137, 200,009. 85 169, 974,892.18 130, 834,437.96 155, 680,340. 85 149, 502.471. 60 106, 217,263. 65 103, 470,798.43 129, 020,932. 45 147, 541,314. 74 142, 243,361. 82 119, 469,626. 70 186. 025,900. 73 256, 823,612.08 249, 080,167. 01 201, 088,622. 88 249. 363,415.35 243, 289,519. 78 345, 389,902. 92 391, 985,928.18 488, 612,429. 23 492, 917,173.34 482, 433,917.21 629, 854,089. 85 643,113, 172. 01 661, 355,834. 20 694, 083,839. 83 746, 937,681. 03 $10, 965,953.01 9,998, 621.76 37, 9U0,191.72 53, 405,234.19 59, 964,402. 01 87,718, 660.80 505, 312,752.17 1„111, 350,737.41 1,709, 452,277.04 2,674,815, 856.71 2, 756, 431,571.43 2, 636, 036,163.84 • 2,508,151,211.69 2, 480, 853,413.23 2, 432, 771,873.09 2, 331,169,956.21 2, 216, 994,068. 67 2,149, 780,530.35 2,105,462, 060.75 2,104,149, 153. 59 2, 090,141,170.13 2, 060, 925,340.45 2, 019, 275,431.37 1, 999, 382,280.45 1,996,414, 905.03 1, 919, 326,747.75 1, 819, 650,154. 23 1, 675, 023.474. 25 1, 538, 781,825.15 1, 438, 542,995. 39 1, 375, 352,443. 91 1,282,145, 840.44 1,175.168, 675. 42 1, 063,004,894.73 975, 939,750. 22 890.784, 370. 53 85i; 912,751. 78 841, 526,463. 60 $1, 869,445.70 1,672, 767.53 2,446, 670. 28 .3,126, 166. 28 3, 443,687. 29 5, 092,630.43 22, 048,509. 59 41,854, 148.01 78, 853,487. 24 137, 742,617.43 150, 977,697.87 146, 068,196. 29 138, 892,451. 39 128, 459,598.14 125, 523,998.34 118, 784,960.34 111,, 949,330.50 103, 988,463. 00 98, 049,804.00 98, 796,004.50' 690. ao • 96, 855, 96,104, 269. 00 93,160, 643. 50 94, 654,472. 50 83, 773,778. 50 79, 633,081. 00 75, 018,695.50 57, 365,110. 75 51,436, 709. 50 47, 926,432. 50 47, Oi% 133. 00 45, 510,098. 00 41, 780,529. 50 935. 25 ' ' 38, 991, 33. 752,354. 60 29,417, 603.15 23, 615,735. 80 22, 893,883.20 KOTE 1.—The a n n u a l i n t e r e s t c h a r g e i s c o m p u t e d u p o n t h e a m o u n t of o u t s t a u d i n g p r i n c i p a l a t ' t h e close of t h e fiscal y e a r , a n d i s e x c l u s i v e of i n t e r e s t c h a r g e on Pacific Bailway bonds. K OTE 2.—The figures for J u l y 1,1879, w e r e m a d e u p a s s u m i n g p e n d i n g f u n d i n g o p e r a t i o n s t o h a v e b e e n completed, T^TOTE 3.—The temiDorary l o a n p e r a c t of J u l y 11,1862, i s i n c l u d e d i n t h e 4 p e r c e n t s f r o m 1862 t o 1868, i n c l u s i v e , w i t h t h e e x c e p t i o n of t h e a m o u n t o u t s t a n d i n g A i i g u s o 31, 1865, t h i s b e i n g t h e d a t e a t w h i c h t h e p u b l i c d e b t r e a c h e d i t s h i g h e s t p o i n t . T h i s l o a n bore i n t e r e s t from 4 p e r c e n t t o 6 p e r cent, a n d w a s r e d e e m a b l e on t e n d a y s ' n o t i c e a f t e r t h i r t y d a y s ; b u t b e i n g c o n s t a n t l y c h a n g i n g , i t h a s b e e n c o n s i d e r e d m o r e er[uitable t o i n c l u d e t h e w h o l e a m o u n t o u t s t a n d i n g a s b e a r i n g 4 p e r c e n t i n t e r e s t on a n average-for t h e year.' . o O w Ul o o •=3- H8 (> CO a Kl ISSUE AND REDEMPTION OF LOANS AND TREASURY NOTES. XCV T A B L E D . — S T A T E M E N T OF T H E I S S U E AND R E D E M P T I O N OF L O A N S AND TREASURY N O T E S ( B Y WARRANTS) FOR T H E F I S C A L Y E A R ENDED J U N E 30, Issues. L o a n of J u l y a n d A u g . 1861, a c t s of J u l y 17 a n d A u g . 5,1861 P i v e - t w e n t i e s of 1862, a c t of F e b . 25, 1862 P i v e - t w e n t i e s of 1864, a c t of J u n e 30, 1864 L e g a l - t e n d e r n o t e s , a c t s of F e b . 25 a u d J u l y 11, 1862, J a n . 7 a n d M a r . $66, 264, 000. 00 3,1863 Gold certificates, a c t s of "Mar. 3,1863, 70, 530, 000. 00 . a n d J u l y 12,1882 One-year n o t e s of 1863, a c t of M a r . 3, 1863....T w o - y e a r n o t e s of 1863, a c t of M a r . 3,1863 C o m p o u n d - i n t e r e s t n o t e s , a c t s of M a r . 3, 1863, a n d J u n e 30,1864 L o a n of 1860, a c t of J u n e 22, 1860 . . . . B o u n t y l a n d scrip, act of E e b . 11, 1847 L o a n of 1863, a c t s of M a r . 3, 1863, a n d J u n e 30, .1864.: Ten-forties of 1864, a c t of M a r . 3,1864. S e v e n - t h i r t i e s of 1864 a n d 1865, a c t s of J u n e 30, 1864, a n d M a r . 3 , 1 8 6 5 . . . Consols of 1865, act of M a r . 3, 1865 . . . Consols of 1867, a c t of M a r . 3, 1865 . . . Consols of 1868, a c t of M a r . 3, 1865 . . . E u n d e d loan of 1881, a c t s of J u l y 14, . 1870, a n d J a n . 20, 1871, a n d J a n . 14, 1875 Certifi.cates of deposit, a c t of J u n e 71, 690, 000. 00 8 1872 Silver certificates, a c t of E e b . 28,1878. 109, 856, 000. 00 E e f u n d i n g certificates, a c t of E e b . 26, 1879 L o a n of 1882, a c t of J u l y 12, 1882 E r a c t i o n a i c u r r e n c y , a c t s of J u l y 17, 1862, M a r . 3,1863, a n d June.30,'l864. E u n d e d l o a n of 1891, a c t s J u l y 14, 1870, J a n . 21,1871, a n d J a n . 14,1875. E u n d e d loan of 1907, a c t s J u l y 14, 1870, J a n . 20,1871, a n d J a n . 14,1875.. 15, 250.00 T r e a s u r y n o t e s of 1890, a c t of J u l y 14, 60,130,424.00 189J..... E e d e m p t i o n of n a t i o n a l - b a n k n o t e s , 2,977,838.00 a c t J u l y 14, 1890 Total. 381,463, 512. 00 Kedemptions. E x c e s s of issues. 1892. E x c e s s of redemptions. $10, 650.00 $10, 650. 00 1,300.00 1, .300.00 1,000. 00 1,000.00 66, 264, 000.00 66, 387, 500. 00 $4,142, 500. 00 280.00 280.00 200.00 . 200.00 3,200.00, 10,000.00 3,200.00 10,000.00 . .50.00 50.00 2, 200. 00 50.00 2, 200. 00 600. 00 4, 450, 00 7,500.00 2, 000. 00 600.00 . 4, 450. 00 7,500. 00 2, 000. 00 850.00 64,160, 000.00 92, 956, 881.00 850. 00 7, 530, 000.00 16, 899,119. 00 10, 340. 00 15, 700. 00 10,340.00 15,700.00 4,216.98 4, 216. 98 24, 273, 500. 00 24, 273,500. 00 15, 250. 00 8, 646, 770. 00 51,483, 654.00 16, 232,721. 00 338, 995, 958.98 13,254,883.00 80, 070, 523. 00 37, 602,969.98 E x c e s s of i s s u e s E x c e s s of r e d e m p t i o n s . 80,070,523.00 37,602,969.98 "Net e x c e s s of i s s u e s c h a r g e d i n receipts and exi)enditures 42,467,553.02 TABLE E . - -STATEMENT SHOWING THE P U R C H A S E AND R E D E M P T I O N OF B O N D S ON ACCOUNT OF T H E S I N K I N G F U N D Y E A R FROM I T S INSTITUTION IN M A Y , 1869, TO AND INCLUDING J U N E 30, 1892. P r i n c i p a l redeemed. Y e a r ended— Premium paid. N e t cost i n currency. N e t cost estim a t e d i n gold. Interest due a t close of fiscal y e a r . DURING EACH FISCAL < A c c r u e d i n t e r - B a l a n c e of interest due at est paid in close of fiscal coin. year. O J U N E 30, 1869. Eive-twCnties Eive-twenties Eive-twenties Eive-tw^enties C o n s o l s , 1865 Consols, 1867 Consols^ 1868 of of of of 1862 M a r c h , 1864 J u n e , 1864 1865 Total X a $1,621,000. 00 70,000.00 1,051,000.00 465,000. 00 461, 000. 00 4, 718,000.00 305,000. 00 $253,822. 84 11,725. 00 161,946.45 74, 969. 00 73, 736. 80 749,208. 08 49, 442. 50 $1,874,822. 84 81,725. 00 1,212, 946. 45 539, 969. 00 534, 736. 80 5,467,208. 08 354, 442. 50 $1, 349,970.02 57,552. 82 873,205. 61 387, 566. 28 387, 903.26 3,948, 586.11 256,653.20 $16,210. 00 700. 00 10, 500. 00 '- 4,650.00 13, 830. 00 141, 540. 00 9,150. 00 $7, 384.60 218. 63 1,470.42 2, 683.54 429. 04 116, 032. 35 8,173. 98 $8, 825.40 481.37 9, 039. 58 1, 966. 46 13, 400.96 25, 507.65 976.02 8, 691,000. 00 1,374,850.67 10,065, 850. 67 7, 261,437. 30 196,590. 00 136, 392. 56 60,197.44 o H -« Ul o J U N E 30, 1870. Eive-twenties Eive-twenties Eive-twenties EiA^e-twenties Consols, 1865 Consols, 1867 .Consols, 1868 of 1862 o f M a r c h , 1864. of J u n e , 1 8 6 4 . . . of 1865 , Total. % 3,542,050. 00 85, 000. 00 3,971,400. 00 2, 790, 250. 00 11, 532,150. 00 5,882, 550. 00 348, 500: 00 493,479.42 15,742. 87 506,189. 91 361, 735.43 1,454,778. 37 861, 763. 73 53, 363; 95 4,035,529.42 100,742.87 4,477, 589. 91 • 3,151,985.43 12, 986, 928. 37 6, 744, 313. 73 401,863-95 3, 263; 099.51 75, 658. 54 3, 647, 628. 29 2, 606, 636. 20 10, 080, 736. 97 5,309,800.90 308, 573.16 160,919.50 5, 350. 00 165, 834. 00 105, 257. 50 495, 421. 50 302, 734. 50 19,380.00 45,994.49 1, 080. 99 49,946.00 37,113. 53 145,518. 29 66, 111. 51 5, 238.73 114, 925.01 4, 269.01 115,888.00 68,143.97 349, 903. 21 236, 622. 99 14,141.27 '28,151, 900. 00 3, 747,053. 68 31,898, 953. 68 25, 893,143. 57 1,254,897.00 351, 003. 54 903,893.46 :, 792,950. 00 29, 500. 00 3, 967, 350. 00 • 6, 768, 600. 00 10, 222, 200. 00 6,103, 050. 00 52, 600. 00 227, 607. 56 2, 277. 20 340, 509. 63 574, 923. 00 850,949.79. 541, 559. 41 4, 784. 61 3,020, 557. 56 31, 777. 20 4, 307,879. 63 7, 343, 523. 00 11,073,149. 79 6, 644, 609. 41 57, 384. 61 2,680,209.05 28,590.88 3, 847,182. 42 6,525, 231. 42 9,762, 387. 78 5, 800, 618. 37 49, 797. 81 145, 975. 00 1,240. 00 201, 375. 00 331, 933. 50 522,117. 00 351, 528. 00 3, 096. 00 36, 657. 80 388. 35 51, 703. 46 92, 259. 58 . 109; 455. 28 76, 745. 93 572.13 109,317,20 851. 65 149. 671. 54 239. 673. 92 412,661.72 274, 782.07 2, 512.87 29, 936, 250. 00 2,542, 631. 20 2, 478, 881. 20 28,694, 017. 73 1, 557,264. 50 367, 782. 53 1,189, 481.97 o H J U N E 30, 1871. :Eive-twen ties Eive-twenties Eive-twenties Eive-twenties 'Consols, 1865 Consols, 1867 C o n s o l s , 1868 of of of of 1862 M a r c h , 1864 J u n e , 1864. 1865. Total '. '.. HUl ^ ^ ^ Five-twenties Five-twenties Five-twenties Five-twenties Consols, 1865 Consols, 1867 Consols, 1868 J U N E 30, 1872. of 1862 of March, 1864 of June, 1864 of 1865 ." Total. 6. 417, 850.00 127,100. 00 3, 604, 650.00 3, 635, 200. 00 11,788,900.00 6, 958,900.00 85, 850.00 764,055.21 14, 959.03 438, 656.16 436, 838.70 1,436, 989. 46 833, 600.15 9, 951. 63 181,905. 21 142,059.03 043,306.16 072,038. 70 225, 889.46 792, 500.15 95, 801. 63 6, 345, 391. 98 126,123.46 3, 573, 223. 63 3, 594, 747. 85 11,660,785.89 6, 863, 777. 39 84, 595.02 32, 6\8,450. 00 3, 935,050.34 36, 553,500.34 32, 248, 645.22 7,137,100. 00 50,000. 00 3, 741,150. 00 1, 959.850. 00 10, 768, 250. 00 4,402,100.00 619,550.00 925, 783.87 7, 372. 50 480, 684. 37 250, 635.93 , 371,187.17 553, 610. 89 81, 983.44 8,062,883.87 57, 372. 50 4,221, 834.37 2, 210, 485. 93 12,139, 437.17 4, 955, 710. 89 701, 533.44 7, 089, 542.58 49,780.91 3, 715, 211.22 1, 943, 488. 93 10, 668, 617. 09 4, 373,781.76 617,140. 34 431,450.50 3, 500. 00 223, 270. 50 120, 266. 50 646, 095. 00 264,126.00 37,173. 00 28, 678,000.00 3, 671, 258.17 32, 349, 258.17 28,457,562.83" 1, 725, 881.50 219.79 457. 39 577.95 964.62 348.18 505.62 1,582,919.79 2, 239,007. 39 1, 382,827. 95 3, 754, 614.62 4,483, 348.18 888,805. 62 1, 415, 391.05 2,012, 051. 32 1, 241, 571.69 3, 374, 934.42 4,029,975.86 798, 926.40 I, 395, 073.55 14, 331,523.55 427,849.00 8,894.00 246,001. 50 246, 562. 00 707,334. 00 417,534.00 5,15L00 2,059,325.50 75,179.43 1,338.70 57, 449.80 37, 817.37 149, 248.21 108, 487.92 . 1, 386. 95 352, 669.57 7,555.30 . 188, 551.-70 208, 744.63 558, 085.79 309, 046. 08 3, 764.05 430, 908. 38 1, 628, 417.12 101, 960. 57 . 813.70 42; 216.46 23, 744. 47 145, 069. 34 69,632. 51 • 8,948.40 329, 489. 93 2, 686. 30 181, 054.04 96, 522. 03 501, 025. 66 194,493.49 28,224.' 60 J U N E 30, 1873. Eive-twenties Five-twenties Eivcrtwenties Eive-twenties Consols, 1865 Consols, 1867 Consols, 1868 of 1862 of March, 1864 of June. 1864 of 1865.' Total. J U N E 30, 1874. Five-twenties of 1862 Five-twenties of June, 1864 Five-twenties of 1865 Consols, 1865 Consols, 1867 Consols, 1868 '. 1,421, 700. 00 2, 020, 550.00 1, 247, 250.00 3, 393, 650.00 4, 051, 000.00 802, 300.00 12,936,450.00 Total. 161, 218, 135, 360, 432, 86, 99,519.00 • 141, 438. 50 87, 307. 50 i 203, 619. 00 243, 060. 00 48,138. 00 12, 872,850.74 . 823,082.00 541,973.50 ,392,385.45 31,743. 95 48, 013. 46 29, 348.19 46,489. 33 55, 976. 97 11,014. 38 d 9 > Ul O 1, 333,496. 05 67, 775.05 93, 425. 04 57, 959. 31 157,129. 67 187, 083. 03 . 37,123.62 222,586.28 600,495. 72 54, .745. 72 171,966. 33 30, 805.86 350, 218. 28 588, 905. 67 94, 441. 64 w o o Ul O w J U N E 30, 1875. Five-twenties of 1862. 25,170, 400. 00 25,170,400.00 J U N E 30, 1876. Five-twenties of 1862 ° Five-twenties of June, 1864 Five-twenties of 1865 5, 785, 200. 00 10,869, 600. 00 1,789,250.00 5, 785, 200. 00 10,869, 600.00 . 1,789,250.00 404,964. 72 760,872. 00 125,247. 50 18,444,050.00 18,444,050,00 1, 291, 083f 50 81,200. 00 178, 900. 00 180, 350.00 6, 050. 00 1, 000. 00 81,200.00 178, 900.00 180,350.00 6,050.00 1,,000.00 4,352.25 9,943.50 9, 519.00 181.50 30.00 447, 500.00 447, 500.00 . 24, 026. 25 Total. 257, 517.91 « 1,033,565.59 J U N E 3Q, 1877. Five-twenties of 1862 Five-twenties of June, 1864 Five-twentiejs of 1865 Consols, 1865 Consols, 1867 Total. 1,181.67 1, 323. 60 3,141.08 108.97 21. 20 3,170.58 8, 619. 90 6,377. 92 72.53 8.80 X 5,776.52 18, 249. 73 o T A B L E E . — S T A T E M E N T SHOWING T H E P U R C H A S E AND R E D E M P T I O N O F B O N D S ON ACCOUNT O F T H E S I N K I N G F U N D , P r i n c i p a l redeemed. Y e a r ended— i ".... '^ J U N E 30, 1879. E i v e - t w e n t i e s of 1862 E i v e - t w e n t i e s of J u n e 1864 . . . F i v e - t w e n t i e s of 1865 C o n s o l s 1865 C o n s o l s , 1867 C o n s o l s 1868 . . . . . . . . : -. • Total J U N E 30, 1880. F i v e - t w e n t i e s of 1862 .. E i v e - t w e n t i e s of J u n e , 1864 E i v e - t w e n t i e s of 1865 . T e n - f o r t i e s of 1864 L o a u of E e b r u a r y , 1861.. L o a n of J u l y a n d A u g u s t , 1861 .' L o a n of Ma.rch, 18fi3 O r e g o n w a r d e b t . . . '. F u n d e d l o a n of 1881.. F u n d e d l o a n of 1907 . . . N e t cost estim a t e d in gold. Interest due a t close of fiscal y e a r . A c c r u e d interest paid i n coin. B a l a n c e of interest due at close of fiscal year. • w $17, 900.00 15, 900. 00 2, 350. 00 23, 600.00 5, 700.00 8, 500. 00 $17,900.00 15, 900.00 2, 350.00 23,600. 00 5, 700.00 8, 500.00 $966.00 834.00 129?00 1,416.00 342.00 510.00 $192.65 78.41 40.92 273. 35 134.76 89.83 73, 950.00 73,950.00 4,197.00 809. 92 3,387.08 2, 650.00 3,150.00 1,850.00 1,700. 00 9, 050, 00 100.00 2, 650.00 3,150.00 1,850. 00 1, 700.00 9,050.00 100.00 165.75 94.50 85.50 102.00 543.00 6.00 40.35 18.53 41. 22' 4L49 166.62 ^6.00 125.40 75. 97 44.28 60. 51 376. 38 5.44 18,500 00 996 75 308 77 687. 98 ^ 18, 500. 00 X 0 $773.35 755.59 88.08 1,142.65 207.24 420.17 O H O H Ul O o ^ . ." ... Total.. J U N E 30, 1881. F i v e - t w e n t i e s of 1862 F i v e - t w e n t i e s of J u n e , 1864 i F i v e - t w e n t i e s of 1865 L o a n of E e b r u a r y , 186l! L o a n of J u l y a n d A u g u s t , 1 8 6 1 . . . . N e t cost i n currency. '• o J U N E 30, 1878. E i v e - t w e n t i e s of 1862 . .. E i v e - t w e n t i e s of J u n e , 1864 E i v e - t w e n t i e s of 1865 C o n s o l s , 1865 C o n s o l s 1867 . Consols', 1868 Total P r e m i u m paid. ETC.—Continued. 100.00 100 00 250.00 676, 050.00 . 2, 837,000 00 32,064, 250 OQ 12,797,150 00 202,550 00 23, 575,450 00 1, 500, 000 00 $74,161 95 1, 376,085 04 549,035 18 8, 273 02 662,206 97 125,558 26 73,652, 900 00 2,795,320 42 / 100 00 100 00 250 00 676,050 00 2,911,161 95 33,440, 335 04 , 13,346,185 18 210,823 02 24,237, 656 97 1,625, 558 26 4 00 4 00 14.50 28,168.75 85,110 00 1,165, 807 50 484,747 50 • 9, 787 50 415,162 70 15,000 00 67 49 5.85 12,872.65 47, 540 20 618,148 79 • 213,179 29 3,602 56 130,349 36 10,191 74 . 76,448, 220 42 2,203,806.45 935,951 60 3,000 00 50.00 100 00 7,826,277 58 17,201,326 11 210 00 3 50 7 00 462, 390 00 1,002,747 00 80 22. 25 1 74 160,072 88 200,043 95 3.33 3.51 8.65 15,296.10 37,569.80 . 647.658.61 271,568. 21 ' 6,124.94 284, 813. 34 " 4,808.26 1, 267,854. 85 W •H > a Ul SI • .J 1 .„....,. 3,000 00 50 00 100 00 7, 775, 000 00 16,712, 450 00 • 51,277 58 488,876 11 129. 78 3.25 5.26 302,317.12 802,703.05 JLoans of March, 1863 Oregon war debt J^unded loan of 1881. Total .CO • 7,057,100. 00 54,250.-00 42,769,400. 00 199, 514.62 1, 408. 65 .. 320,17L82 7,256,614.62 55, 658. 65 43,089, 571.82 361, 315.50 2,584. 50 1,106, 474.15 83, 330. 51 551.11 263, 342. 94 277, 984.99 2, 033. 39 843,130. 21 74, 371, 350.00 1, 061, 248.78 75,432,598.78 2,935,731.65 707,423. 60 2, 228, 308.05 1, 368, 894. 64 91,701.75 23. 33 115, 717.53 579,493.12 25,77L80 2.78 6, 771. 83 789, 401. 50 65, 929.95 20. 55 108 945 70 612, 039. 53 964, 297. 70 J U N E .30, 1882. Loan of J u l y and August, 1861, continued at 3^ per cent Loan of March, 1863, continued at 3^ per cent Fanded loan of 1881, continued at 3^ per cent Funded loan of 1881.. -Total....... 55,215,850.00 2,637,850.00 1, 000. 00 2, 224,450. 00 , 55,215,850.00 2,637,850.00 • 1,000. .00 2, 224,450. 00 60, 079,150. 00 60, 079,150. 00 ' •1, 576, 337. 23' d o > Ul o • J U N E 30, 1883. Five-twenties of 1862 JFunded loan of 1881... Xoan of J u l y and August, 1861, coutiaued at 3^ per cent Xoan of March, 1863, continued at 3^ per cent :. IF unded loan of 1881, continued at 3 J per cent '. , Total .., 100.00 41, cOO. 00 661,753.00' 34,128,353.00 10,019,^:03.00 w o IOO. 00 41, 300. 00 661, 750.00 . 34,128,150. 00 lO; 019, 400. 00 5.50 1, 716. 66 20, 760. 25 1,171, 034. 37 233,862.12 . 14.18 138.13 5, 293.40 186, 913. 66 137, 402.11 8.68 1,578. 53 15,466.85 984,120.71 96,460.01 44,850,700.00 44, 850, 700.00 1,427,378.90" 329, 761.48 1,097,617.42 O 200. 00 5, 200. 00 422,550.00 566, 250. 00 33,221,450.00 .12,553,950.00 20O. 00 5, 200. 00 422, 550. 00 566, 250. 00 33, 221, 450. 00 12, 553, 950.00 9.50 187. 08 14, 789. 25 19, 818.75 1, 018,176.97 240,130.13 13.35 164. 24 2, 823. 94 -7, 669. 86 276, 923. 93 31,884. 61 3 85 22. 84 11,965. 31 12, .748. 89 741, 253.04 208, 245.52 W 46,769,600.00 1, 293, 111. 68 318, 879.93 974,23L75 4,000.00 100.00 1,100.00 52, 250. 00 18,000.00 230, 500. 00 45,282,200.00 80.00 4.00 36.67 1,269. 62 499. 62 5, 347. 70 1,153, 460; 88 701. 96 .49 50. 51 588. 85 87.92 1, 416.28 268,821. 31 616. 96 ' 3.51 13. 84 680. 77 411. 70 3, 931.42 884, 639.57 d 45, 588,150. 00 1,100,703.49 .271,667.32 889,036.17 a- ' 1 J U N E 30, 1884. JFivo-twenties of 1862 JFunded loan of 1881 \Loan of March, 1863, continued at 3^ per cent. Xoaii of J u l y aud August, 1861, continued at^3^ per cent. ^Funded loan of 1881, continued at 3^ per cent L o a n of J u l y 12,1882 Total...:.....^j... 4'6,769,600.00' J U N E 30, 1885. ^ (—1 !2l - Pive-twenties of 1862 -Five-twenties of 1864 .* ; ;Funded loan of 1881, L o a n of J u l y and August, 1861, continued at 3 J per cent Loan of March, 1863, continued at 3^ per cent 1.. Eunded loan of 1881, continued at 3^ per cent I-oanof J u l y 12, 1882 ' 4,000.00 100.00 1,100. 00 52, 250. 00 18, 000. 00 230,500.00 45, 282, 200.00' • ' . Total 45, 588,150. 00 1 Ul ^.... .„ .' X (—1 X T A B L E E . — S T A T E M E N T SHOWING T H E P U R C H A S E AND R E D E M P T I O N O F B O N D S ON ACCOUNT O P T H E SINKING F U N D , ETC.—Continued. Y e a r ended— ' J U N E . 30. 1886. Oreffon w a r d o b t . - . - .••.••«•.••••• •••.••••• X o a n of J u l y a n d A u g u s t , 1861 L o a n of 1863 . . F i v e - t w e n t i e s of 1862 F i v e - t w e n t i e s of 1864 F i v e - t w e n t i e s of 1865 T e n - f o r t i e s of 1864 C o n s o l s of 1865 . Consols of 1867 ^^ Con'sols of 1868 . .. F u n d e d loan o f 1881 L o a n of 1882 . L o a n of 1863 c o n t i n u e d a t 3 i n e r c e n t L o a n of J u l y a u d A u g u s t , 1861, c o n t i n u e d a t 3^^ p'er c e n t . . . . . F u n d e d loan of 1881 c o n t i n u e d a t 8 i n e r c e n t Total A c c r u e d i n t e r - B a l a n c e of interest due a t est paid in close of fiscal coin. year. N e t cost estim a t e d i n gold. Interest due a t close of fiscal y e a r . $100.00 2, 500.00 1,100.00 67, 500.00 4, 300.00 300.00 14,250.00 15, 900. 00 26, 950.90 12, 250.00 49, 800. 00 44, 044, 800. 00 4,100.00 96, 750. 00 190,750. Op $1.50 53.25 3L50 1,425.00 85. 25 6.00 356.25 419.25 662.25 203. 25 826. 50 435,942. 00= 123.00 2,848.50 4,704.13 $18.00 99.00 33.00 14, 399.00 31.14 2.02 278.80 842. 29 2, 070. 75 570. 04 868. 55 220, 617. 44 3L32 1, 560. 76 1, 065. 34 $16.50 45.75 1.50 12,974. 00 54.11 3.98 77.45 423. 04 1,408. 50 366. 79 42.05 215,324.57 91. 68 1, 287. 74 3, 638. 79 44, 531, 350.00 44, 531, 350.00- 447, 687. 64 242,487. 45- 205, 200.19 47, 748,750.00 1, 300.00 3,100. 00 2% 700.00 650.00 8, 000. 00 .2,000.00 13, 400. 00 18,200.00 34,000.00 500. 00 1, 500. 00 8,500.00 25, 600." 00 47,748,750.00 i, 300.00 3,100. 00 28,700.00 650.00 8, 000. 00 2, 000. 00 13,400. 00 18,200.00 34, 000. 00 500.00 1,.500. 00 8, 500. 00 25,600.00 1,375, 653.00 84.17 110.83 1,722.00 45.50 560. 00 120. 00 804. 00 1,092. 00 2, 040. 00 30.00 52. 50 297. 50 926.33, 223,676.38 119. 50 166. 80 86L00 58.12 • 473.92 60.00 402. 00 2,147.16 3, 333. 69 270. 25 22.58 60.31 213.17 1,151,976. 62 35.33 55.97 861.00 12. 62 86.08 60.00 402. 00 1,055.16 1, 293. 69 240. 25 29.92 237.19 713.16 47,894,200. 00 1, 383, 537.83 231,864. 88 1,151,672.95 P r i n c i p a l redeemed. N e t cost i n currency. Premium paid. . $100.00 2, 500. 00 1,100.00 67,500.00 4, 300. 00 300.00 14, 250. 00 15, 900. 00 26,950.00 12, 250. 00 49, 800. 00 44,044, 800. 00 . 4,100.00 96, 750. 00 190, 750.00 - J U N E 30, 1887. L o a n of 1882 T e n - f o r t i e s of 1864 E u n d e d l o a n of 1881 ... Tjoa.Ti of T n l v anfl Ano-nqt IRfil !FivG-tweiitif*ft of 1862 E i v e - t w e n t i e s of 1865 '.. L o a n of E e b r u a r y , 1861 L o a n of 1863 Consols of 1865 . Consols of 1867 Consols Of 1868 L o a n s of J u l y a n d A u g u s t , 1861, c o n t i n u e d a t 3^ p e r c e u t . . . . L o a n of 1863, c o n t i n u e d a t 3^ p e r c e n t . . Total . 47, 894, 200. 00 ... ' 1 ^ / o o W ft ' Ul ft a •ft > O ft H ft ft Ul d J U N E 30, 1888. L o a n of 1882 F u n d e d loan of 1891 F u n d e d loan of 1907 Total .18,880,500.00 19,455,400. 00 5, 389, 250.00 $1,555, 966.17 1, 296, 049. 71 18,880,500.00 21, Oil, 366.17 6, 685, 299. 71 660, 630. 00 794, 247. 00 203, 293. 00 43,725,150.00 2, 852, 015. 88 46,577,165.88 1,150. 00 500.00 57,900.00 3, 000. 00 " 100. 00 12,153, 850.00 26, 839, 650. 00 39, oBo, 150. 00 94, 660. 88 95, 098.43 43, 817. 79 565,969.12 699,148. 57 159,475. 21 i; 658,170. 00 233,577.10 1,424,592.90 844,918. 01 7,672,222. 29 1,150. 00 500.00 57, 900.00 3, 000.00 100.00 12, 998, 768. 01 . 34,511, 872. 29 69. 00 30.00 1, 709. 25 105.00 3.50 480, 076.12 1, Oil, 368.00 39. 00 15. 00 .354. 94 20.42 .91 39, 397. 68 180,452. 69 • ' 30 00 15.50 1, 354.31 84. 58' 2 59 440, 678.44 830,915.31 8, 517,140. 30 47,573, 290.30 1,493, 360.87 220, 280. 64 1,273,080'. 23 1-19. 25 35.00 137. 50 587,523. 68 1,045,804.50 n.39 16.88 109.14 69, 588. 99 156,655.13 107. 86 18 12 28. 36 ' 467,934.69 889,149. 37 1, 583, 619. 93 226, 381. 53 i , 357,238.40 44.76 28.50 3.00 1,156, 413. 38 54, 310. 28 138 24 28.50 3.00 81, 325.14 591,331. 22 ^ J U N E 30, 1889. • Oresron w a r d e b t . .. .. 1 L o a n of 1882 L o a n of J u l y a n d A u g u s t , 1861, c o n t i n u e d a t 2^ p e r c e n t E u n d e d loan of 1891 F u n d e d l o a n of 1907 ... Total d Q' •d Ul O ft J U N E 30, 1890. L o a n of L o a n of Funded Eunded Funded 1882 J u l y a n d A u g u s t , 1861, c o n t i n u e d a t 3^ p e r c e n t l o a n of 1881 l o a n of 1891 . . . . . . . l o a n of 1907 Total 4, 050. 00 1, 000. 00 3, 000. 00 12,136, 750.00 27,695,600.00 . 710, 666.79 7, 536, 058. 37 4,050.00 1, 000. 00 3, 000. 00 12, 847,416. 79 35, 231, 658. 37 39,840,-400. 00 8,246,725.16 48, 087,125.16 W o o u^ ft o J U N E 30, 1891; L o a n of L o a n of L o a n of Funded Eunded 1882 J u l y and August'1861 1863 '. loan of-1891 . • l o a n of 1907 Total 6,300.00 950.00 100. 00 27,c860,400. 00 16,134, 000. 00 44, 001,750. 00 . 69,945. 63 3,790,140. 65 3,860, 086. 28 6, 300. 00 950. 00 100.00 . 27,930, 345. 63 19,924,140.65 47, 861,836. 28 183. 00 57.00 6.00 1, 075, 068. 24 645, 641. 50 1, 720,975. 74 . 1, 210, 799. 92 Total Grand total ft ' Ul 510,175. 82 )-H • J U N E 30, 1892. War bounty s c r i p . . . L o a n o f 1860 .... L o a n of J u l y a n d A u g u s t , 1861, c o n t i n u e d a t 3^ p e r c e n t • L o a n of 1863, c o n t i n u e d a t 3^ p e r c e n t r i n d e d loan of 1881 E u n d e d l o a n of 1881, c o n t i n u e d a t 3^ p e r c e n t . L o a n of 1882 E u n d e d loan of 1891 F u n d e d loan of 1891, c o n t i n u e d a t 2 p e r c e n t ....'... d 50. 00 10, 000. 00 10, 650. 00 50. 00 350. 00 ' 500.00 15,700. 00 24, 225, 800.00 47,700. 00 24,310,800. 00 813, 838,100.00 43,998,454.43/ 157, 677, 967..61 50.00 10, 000. 00 10. 650. 00 50.00 350. 00 500.00 15, 700. 00 24, 225, 800.00 47, 700. 00 2. 25 250. 00 370.12 L75 11.67 10. 79 218.00 1,085,419. 69 792. 38 24,310, 800. 00 • 1-, 087, 076. 65 835, 586, 244. 21 29,450, 815. 56 1.42 250. 00 93.30 .15 26.76 4.25 53. 64 179, 940. 75 41.93 w .83 276.82 1. 60 15. 09 6 54 164. 36 905,478. 94 750.45 180, 412. 20 906,664.45 8,240,060.60 21,210, 754. 96 Q ft - d G T A B L E F.—SiNiaNG F U N D ACCOUNT FOR^ FISCAL YEAR 1892. DR. To balance from last year i.' -- --July 1,1891.. To 1 per cent on the principal of the public debt on J u n e 30,1891, less coin and currency certificates held in cash and cash available for reduction of the debt, viz, $905,806,560.61 June 30,1892. To interest on redemption prior to fiscal year 1892.'... To interest on^$37,574,179.98, amount of debt " p a i d " during fiscal year 1892 ...'.... J u n e 30,1892 By By By By By ', 058,065. 61 ;, 917,459. 24 By 0.04 principal of bonded debt redeemed in 1892 accrued interest thereon fractional currency and notes redeemed in 1892 accrued interest thereon national-bank notes redeemed balance .- $24, 310, 800. 00 180, 412. 20 8,496. 98 696. 82 254, 883. 00 307,825.36 1, 087, 589. 47 Januarj^ 1,1892: Central Pacific Kansas Pacific Union Pacific Central Branch Union Pacific Western Pacific Sioux City and Pacific Amount of bonds outstanding. July 1,1892: Central Pacitic Kansas Pacific Union Pacific Central Branch Union Pacific Western Pacitic (^ Sioux City and Pacific..''. Amount of inAmount of terest accrued interest due, ai and paid to per Register's date. schedule. $25, 885,120. 00 $35, 877, 412. 87 6,303,000.00 9,154, 773. 09 27, 236, 512. 00 38,031,376.17 1, 600, 000. 00 2,317,808.26 1, 970, 560. 00 2,614,117,74 1, 628, 320. 00 2, 245, 891. 09 64, 623, 512.00 1,938, 705. 36 25, 885,120. 00 36, 653,966.47 6, 303, 000. 00 9, 343, 863.09 27, 236, 512. 00 38, 848, 471. 53 2, 365, 808. 26 1,600,000.00 1, 970, 560.00 , 2,673,234.54 1, 628,320. 00 ,2, 294, 740.69 776,553.60 189, 090. 00 817, 095. 36 48, 000. 00 59,116. 80 48, 849. 60 92,180, 084.58 Balance due of the~United Total interest Repayment interest by States on interpaid by transportation est account, the United of mails, deducting re- ' States. troops, etc. payments. $776, 553. 60 $36. 653, 966. 47 $6, 266, 898.83 $30, 387, 067. 64 189. 090. 00 3, 969, 266. 97 • 5,374, 596.12 9,343,863.09 817,095.36 38, 848, 471. 53 13, 016, 540. 95 25, 831, 930. 58 48, 000.00 1,872,048.28 2, 365, 808. 26 493,759. 98 59,116. 80 ^2, 673, 234. 54 2, 663, 867.54 9, 367. 00 48, 849.60 2, 111, 571.'37 2,294,740.69 183,169.32 90, 241, 379. 22 64, 623,512. 00 H O 49,063,114.36 T A B L E G.—STATEMENT OF T H I R T Y - Y E A R 6 P E R C E N T BONDS ( I N T E R E S T P A Y A B L E J A N U A R Y AND J U L Y ) ISSUED TO THE SEVERAL P A C I F I C R A I L W A Y COMPANIES UNDER T H E ACTS OF J U L Y 1, 1862 (12 STATUTES, 492), AND J U L Y 2, 1864 (13 STATUTES, 359). Railway companies. ft ft o 49, 063,114. 36 o CR. 92,180, 084. 58 23, 939, 003. 05 37, 430, 520. 07 6, 566, 6'SO. 47 9,532,953.09 4. 031, 036. 48 39, 665, 566. 89 13, 282, 891. 06 2, 413, 808.-26 516, 303. 30 2, 732, 351. 34 9, 367. 00 2, 343, 590.29 191,007.46 1, 938, 705. 36 94,118, 789. 94 24, 597, 285. 77 "^ • H •d ft Ul ft o ft H P^ o. ft H3 d- 68, 241, 081. 53 ft 30,863,839.60 5,501,916.61 26,382,675.83 1, 897, 504. 96 d 2, 722, 984. 34 .Kj 2,152, 582.83 69, 521, 504.17 CHANGES IN INTEREST-BEARING DEBT. cm T A B L E H . — S T A T E M E N T S H O W I N G T H E C H A N G E S I N T H E iNiEREsr-iBEARiNG OF T H E U N I T E D , STATES DURING T H E YEAR E N D E D OCTOBER 31, T i t l e of l o a n . E u n d e d loan of 1891 c o n t i n u e d F u n d e d i o a n o f 1907 Refunding' certificates . . ^ R a t e of interest •: ... P e r cent. 2 4 4 Total Outstanding November ' i ; 1891. Increase Decrease during the duringthe year. year. $25, 364,500 559, 573,150 89,070 *$16, 050 585,026, 720 16,050 DEBT 1892. Outstanding " November 1, 1892. $10,750 25,364,500 559,589,200 78, 320 10, 750 585, 032,020 *See statement which follows, showing conversion of refunding certificates, for an explanation of the increase during the year in the interest-bearing debt. • Since November 1, 1891, refunding certiiicates issued in 1879, under tlie act of February 26, X879j have been presented for conversion into 4 per cent bonds as f o l lows: • Principal..-. Accrued interest thereon .-'. : .5. - . . Total $10,750.00 5,612.70 16,362.70 For wliich. settlement was made as follows: Four per cent bonds issued ou account of principal Four per cent bonds issued on account of accrued interest Interest paid in cash Total as above , $10,750 5,300 $16,050.^00 312.'70 \. : 16,362.70 The certiiicates still outstanding amount to $78,320.: The annual interest charge has been increased during t h e twelve months ended October 31, 1892,' by t h e sum of $212, being 4 per cent per annum on t h e $5,300, bonds issued in settlement of accrued interest on refunding certificates surrendered for»conversion. The bonded indebtedness o f t h e United States has been reduced during theperiod above mentioned by t h e redemption of $3,617,700 4^ per cent bonds, and $131,975 in 7-30jiotes and bonds, of various issues, all of which ceased to bear interest prior to November 1, 1891. CIV REPORT OF THE SECRETARY OF THE TREASURY. T A B L E I . — S T A T E M E N T S H O W I N G THE AMOUNTS OF M O N E Y I N T E E U N I T E D STATES, IN THE T R E A S U R Y AND I N CIRCULATION, ON THE D A T E S S P E C I F I E D . J U L Y 1.1860. [ P o p u l a t i o n , 3 1 , 4 4 3 , 3 2 1 ; c i r c u l a t i o n p e r capita, $13.85. ] General stock coined or issued. Specie State-bank notes. ...'. • In Treasury. A r u o u u t in circulation. $235,000, 000 207,102,477 $6, 695, 225 $228, 304, 775 207,102, 477 442,102,477 6,695, 225 435,407,252 J U L Y 1, 1861. [ P o p u l a t i o n , 32,064,000; c i r c u l a t i o n p e r capita, $13.98. ] • 250,000,000 202,005,767 .3,600,000 452,005, 767 3,600,000 Specie State-bank notes . 246, 400,000 202, 005, 767 J U L Y 1, 1862. [ P o p u l a t i o n , 32, 704,000; c i r c u l a t i o n p e r c a p i t a , $10.23. ] State-bank notes United States notes Demand notes 183,792, 079 96,620, 000 53, 040, 000 23,754,335 183, 792,079 72,865, 665 53,040, 000 333,452,079 23,754,335 309, 697, 744 25,000, 000 A d d : Specie i n c i r c u l a t i o n on t h e Pacific c o a s t 334,697,744 J U L Y 1.1863. [ P o p u l a t i o n , 33,365,000; c i r c u l a t i o n p e r capita, $17.84. ] Fractional currency State-bank notes TJnited S t a t e s n o t e s Demand notes . . . . . . . . . . ... . . . . . .. ... .. ... 20,192,456 238,677,218 387, 646, 589 3,351,020 75,165,171 649,867, 283 79, 473, 245 4, 308, 074 A d d : Specie i n c i r c u l a t i o n on t h e Pacific coast " . ' 15 884 382 238,677,218 312,481,418 3 351 020 570, 394, 038 25,000, 000 595, 394, 038 J U L Y 1,1864. [Population,.34,046,000; c i r c u l a t i o n p e r c a p i t a , $19.67. ] Fractional currency State-bank notes United States notes National-bank notes . ........ . .... .. . ..... 22, 894, 877 179,157.717 447, 300, 203 31, 235,270 680,588, 067 A d d : Specie i n c i r c u l a t i o n on t h e Pacific c o a s t • • . 3, 762, 376 32,184,213 35, 946,589 19,132, 501 179,157, 717 415,115,990 31,235, 270 644, 641,478 25,000,006 669, 641,478 MONEY. I N T H E TREASURY, IN CIRCULATION, ETC. CV T A B L E I . — S T A T E M E N T . S H O W I N G T H E AMOUNTS O F M O N E Y I N T H E U N I T E D STATES, IN THE TREASURY AND I N CIRCULATION, ON THE D A T E S S P E C I F I E D — C o n t i n u e d . . JULYl, 1865. [ P o p u l a t i o n , 34,748,000; c i r c u l a t i o n p e r capita, $20.57. ] General s t o c k coined o r issued. Fractioharcurrency. State-bank notes United States notes . National-bank notes. Amount in circulation. In Treasury. $25, 005, 829 142, 919, 638 431, 066, 428 146,137, 860 $3,277,074 52,149,686 $21,728,755 142, 919, 638 378,916, 742 146,137,860 745,129, 755 55,426, 760 689, 702, 995 25, 000,000 A d d : Specie i n c i r c u l a t i o n on t h e Pacific c o a s t . 714,702,995 J U L Y 1, 1866. [ P o p u l a t i o n , 35,469,000; c i r c u l a t i o n p e r capita, $18.99. ] State-bank notes Eractionai currency.. U n i t e d S t a t e s n o t e s .. National-bank notes . 19, 996,163 27, 070, 877 400, 780, 306 281,479, 908' 2,383,814 72, 988, 001 , 5,467,195 729, 327, 254 80,839, 010 19,996,163 24, 687,063 327,792, 305 276,012, 713 648, 488, 244 25, 000, 000 A d d : Specie i n c i r c u l a t i o n on t h e Pacific c o a s t . 673,488, 244 J U L Y 1, 1867. [ P o p u l a t i o n , 36,211,000; c i r c u l a t i o n p e r capita, $18.28. ] . Eractionai currency United States notes • . 4,484,112 28, 307, 524 371, 783, 597 298,625, 379 2,001, 230 52,345,895 11,861,418 703,200, 612 66, 208,543 A d d • Specie i n c i r c u l a t i o n on t h e Pacific coast 4,484,112 26, 306, 294 - 319,437, 702 286, 763, 961 636,992,069 25,000, 000 661,992,069 J U L Y 1, 1868. [ P o p u l a t i o n , 36,973,000; c i r c u l a t i o n p e r capita, $18.39.] State-bank notes Eractionai currency.. United States notes . . National-bank notes . .3,163,771 32,626,952 356,000, 000 299, 762, 855 3, 627, 600 27,428, 335 5,393, 982 691, 553,578 36,449,917 3,163, 771, 28, 999, 352 328, 571, 665 294,368, 873 655,103, 661 25, 000, 000 A d d : Specie in c i r c u l a t i o n o n t h e Pacific.coast. 680,103,661 J U L Y 1,1869. [JPopulation, 37,756,000; c i r c u l a t i o n p e r capita, $17'.60. ] State-bank notes . . . ^ Eractionai currency United States notes National-bank notes " 1 A d d • Specie i n c i r c u l a t i o n on t h e Pacific c o a s t ^ , 2,558, 874 32,114, 637 355,935,194 299, 742,475 1, 672, 398 41, 233,100 • 7, 992, 791 2,558,874 30,442, 239 314, 702, 094 291,749,684 690,351,180 50, 898, 289 639,452,891 25,000,000 064,452, 891 CVI REPORT OF THE SECRETARY OF THE TREASURY. .TABLE I.—STATEMENT SHOWING THE AMOUNTS OF M O N E Y I N T H E U N I T E D STATES, IN,THE TREASURY AND IN CIRCULATION, ON T H E D A T E S S P E C I F I E D — C o n t i n u e d . JULY 1, 1870. [ P o p u l a t i o n , 38,558,371; circulation p e r capita, $17.50.1 General stock coined or issued. State-bank notes Eractiou.ll c u r r e u c y United States notes National-bank notes •. '. '. ..... .... . In Treasury. Amount in circulation. $2, 222, 793 39, 878, 684 356, 000, 000 299,766,984 $5,499,402 31, 037,362 11,118,903 $2,222, 793. 34, 379, 282 324,962, 638 288, 648,081 697.868,461 47, 655, 667 650, 212, 794 25, 000, 000 A d d : Specie in c i r c u l a t i o n o n t h e Pacific coast 675,212,794 J U L Y 1, 1871. [ P o p u l a t i o n , 39,555,000; c i r c u l a t i o n iier capita, $18.10.] State-bank notes , United States notes National-bank-notes i . 1,968,058 40, 582, 875 356, 000, 000 318,261,241 6,136, 570 12. 931, 030 6, 855, 569 1,968,058 34, 446, 305 343,068,970 311,405, 672 716, 812,174 25, 923,169 690, 889, 005 25, 000, 000 A d d : Specie i n circulation on t h e Pacific c o a s t 715,889,005 J U L Y 1, 1872. [ P o p u l a t i o n , 40,596,000; c i r c u l a t i o n p e r capita, $18.19.] State-banknotes Eractionai curreucy. United States notes . National-bank notes. 1, 700, 935 40, 855, 835 357, 500, 000 337,664, 795 4,452, 906 11, 331, 320 8, 627, 790 1,700, 935 36, 402, 929 346,168, 680 329,037, 005 737,721, 565 24,412, 016 713, 309, 549 25,000, 000 A d d : Specie i n c i r c u l a t i o n on t h e Pacific c o a s t . 738, 309, 549 J U L Y 1, 1873. [ P o p u l a t i o n , 41,677,000; c i r c u l a t i o n p e r capita, $18.04.] State-bank notes Eractionai currency United States notes National b a n k notes ^ • • 1, 379,184 44,799,365 356. 000,000 347,267,061 6, 723,360 7, 535, 855 8,304,586 1, 379,184 38,076, 005 348,464,145 338, 962,475 • 749,445,610 22, 563,801 726, 881,809 25, 000, 000 A d d • Snecie i n c i r c u l a t i o n on t h e Pacific coast 751,881,809 J U L Y 1, 1874. [ P o p u l a t i o n , 42,796,000;° c i r c u l a t i o n p e r capita, $18.13.] State-bank notes Eractionai currency United States notes National-bank notes 7, 647,714 10,578, 548 11,715,488 781,024,781 29,941, 750 A d d : Specie i n c i r c u l a t i o n on t h e Pacific coast • 1,162.453 45, 881, 296 382, 000, 000 351, 981, 032 - . , 1,162, 453 38, 233, 582 371, 421, 452 340, 265,544 751, 083, 031 25,000,000 776,083,031 MONEY IN THE TREASURY, IN CIRCULATION, ETC. CVII TABLE I.—STATEMENT SHOWING THE AMOUNTS OF MONEY I N THE U N I T E D STATES, IN THE TREASURY AND I N CIRCULATION, ON THE DATES SPECIFIED—Continued. J U L Y 1, 1875. [Population, 43,951,000; circulation per capita, $17.16.] General stock coined or issued. State-bank notes Eractionai currency United States notes N a t i o n a l - b a n k liotes . . . . I n Treasiiry.- ^ A n i o u n t in circulation. $964, 497 42,129, 424 "..""•$? 224," 854' 26,085,245 •375, 771, 580 13, 861, 463 354,408, 008 $964,497 37,904,570 349, 686, 335 340, 546, 545 773,273, 509 729,101, 947 25, 000,000 44,171,562 A d d • Specie i n c i r c u l a t i o n on t h e Pacific c o a s t 754,101, 947 JULY 1, 1876. [Population, 45,137,000; circulation per capita, $16.12.] S u b s i d i a r y s i l v e r '. Eractionai currency. . . . . . . . . . . United States notes National-bank notes 1,047, 335 27, 418, 734 34,446, 595 369, 772, 284 332, 998', 336 6, 363, 606 1, 507,750 38,324,906 16,877, 634 1,047,335 21, 055,128 32,938,845 331, 447, 378 '316,120, 702^ 765, 683,284 - 63, 073, 896 702, 609, 388 25, 000, 000 A d d * Snecie i n c i r c u l a t i o n on t h e Pacific const 727,609,388 The amount of subsidiary silver in circulation, according to the records of the Bepartment, was $26,055,128, but for the sake of uniformity $5,000,OOio of this amount is deductedand stated as a part of the specie in cumulation on the Pacific coast as heretofore. J U L Y 1, 1877. [Populatibn, 46,353,000; circulation per capita, $15.58.] Subsidiaiy silver Eractionai currency. United States notes . National-bank notes. Add: Specie in circulation on the Pacific coast., 40, 837,506 20,403,137 359, 764, 332 317,048, 872 2, 952, 653 161,476 21,864, 988 15,759, 847 37,884,853 20,241,661 337, 899, 344 301,289, 025 738, 053, 847 40,738, 964 697, 314, 883 25,000,000 722, 314,883 J U L Y 1, 1878. [Population, 47,598,000; circulation per capita, $15.32.] Standard silver dollars, including bullion in Treasury Subsidiary silver Silver certificates . : Eractionai currency : United States notes National-bank notes , Add: Specie in circulation on the Pacific coast. 16, 269,079 60, 778, 828 1,462, 600 16,547, 769 346, 681,016 324, 514, 284 15, 059,828 6,860, 506 1,455, 520 180, 044 25, 775,121 12, 789,923 1,209,251 53, 918, 322 7,080 16,367,725 320,905,895 311, 724, 361 766, 253, 576 62,120,942 704,132, 634 25, 000,000 729,132,634 CVIII REPORT OF THE SECRETARY OF THE TREASURY. TABLE I . — S T A T E M E N T SHOWING T H E AMOUNTS OF M O N E Y I N T H E U N I T E D STATES, IN THE T R E A S U R Y AND I N CIRCULATION, ON T H E D A T E S S P E C I F I E D — C o n t i n u e d . . JULY 1, 1879. [ P o p u l a t i o n , 48,866,000; c i r c u l a t i o n p e r capita, $16.75.] . General stock coined or issued. Gold coin, i n c l u d i n g bullion i n T r e a s u r y S t a n d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y S u b s i d i a r y silver Gold certificates Silver certificates United States notes National-bank notes I n Treasury. A n i o u n t iu circulation. $245, 741,837 41, 276, 356 70, 249, 985 15,413,700 2, 466, 950 346, 681,016 329, 691, 697 $135,236,475 33, 239,917 8,903,401 133, 880 2, 052,470 '45,036,904 8,286,701 $110, 505, 362 8. 036, 439 61,346, 584 15,279, 820 414,480 301,644,112 321,404, 996 1,051,521, 541 232,889,748 818,631,793 J U L Y 1, 1880. [ P o p u l a t i o n , 50,155,783; c i r c u l a t i o n p e r capita, $19.41.] Gold coin, i n c l u d i n g b u l l i o n i n T r e a s u r y S t a n d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y ' S u b s i d i a r y silver Gold certificates Silver certificates United States notes National-bank notes. $351,841,206 69, 660, 408 72, 862,270 8,004,600 12, 374,270 346, 681, 016 344, 505,427 1,205,929,197 . $126,145, 427 49, 549, 851 24, 350,482 40, 700 6,584, 701 18,785, 559 7,090, 249 $225. 695,.779 20,110, 557 48,511. 788 7,963; 900 5, 789, 569 327, 895,457 337,4.15; 178 232, 546,969 973,382, 228 J U L Y 1, 1881. [ P o p u l a t i o n , 51,316,000; c i r c u l a t i o n p e r capita, $21.71.] Gold coin, i n c l u d i n g b u l l i o n in T r e a s u r y Stand.ard silver dollars, i n c l u d i n g bullion i n T r e a s u r y S u b s i d i a r y silver .: .'. Gold certificates : Silver certificates United States notes •. National-bank notes $478,484, 538 95, 297,083 74, 087,061 5, 782, 920 51,166, 530 • 346,681,016 355, 042,675 $163,171, 661 65, 954, 671 27, 247, 697 23,400 12, 055, 801 18, 554, 092 5, 296, 382 $315,312, 877 29, 342, 412 46, 839, 364 5,759, 520 39,110.729 328,126, 924 349, 746, 293 1,406, 541,823 292, 303, 704 1,114, 238,119 J U L Y 1, 1882. [ P o p u l a t i o n , 52,495,000; c i r c u l a t i o n p e r capita, $22.37.] G o l d coin, i n c l u d i n g bullion i n T r e a s u r y ,... S t a u d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y . Subsidiary silver. '.. Gold certificates .'.. Silver certificates Uuited States notes : National-bank notes $506,757,715 122,788, 544 74,428, 580 5, 037,120 66, 096, 710 346, 681,016 358,742,034 $148, 506, 390 90, 384,724 28,048, 631 8,100 11,590,620 21,425, 589 6, 277, 246 $358,251,325 o 32, 403, 820 46,379,949 5, 029,020 54,506, 090 325, 255,427 352,464, 788 1,480, 531,719 306,241, 300 1,174, 290, 419 MONEY IN THE TREASURY, IN. CIRCULATION, ETC. CIX TA B LE I. —STATEMENTS SHOWING T H E A M O U N T S OF M O N E Y IN THE U N I T E D STATES, IN THE TREASURY AND I N CIRCULATION, ON THE DATES SPECIFIED—Continued. J U L Y 1, 1883. [Population, 53,693,000; circulation per capita, $22.91.] ' General stock coined or issued. Gold coin, including bullion in Treasury Standard silver dollars, including bullion in Treasury. Subsidiary silver .! .". ...\ Gold certificates. Silver certificates . . .• United States notes ^.. Natior.al-bank notes '. .'..... In Treasury. Amonnt in circulation. $542, 732, 063 152.047,685 74. 960, 300 82, 378, 640 88, 616, 831 346, 681,016 356,073, 281 $198, 078, 568 116, 396, 235 28. 486,001 22, 571,270 15, 996,145 23,438i 839 8, 217, 062 $344, 653,495 35, 651,450 46,474,299 59, 807, 370 72, 620, 686 323, 242,177 347,856, 219 1, 643,489, 816 413,184,120 1,230, 305,696 J U L Y 1, 1884. [Population, 54,911,000; circulation per ca])ita, $22.65.] Gold coin, including bullion in Treasury Standard silver dollars, including bullion in Treasury Subsidiary silver. Gold certificates. Silver certificates United States notes National-bank notes $545, 500, 797 180, 306, 614 75, 261, 528 98, 392, 660 119, 811, 691 346, 681, 016 * 339,499, 883 1,705, 454,189 $204,876,594 139,616,414 29,600,720 27,246,020 23, 384,680 27, 993, 802 8, 809,990 461, 528, 220 $340,624,203 40, 690, 200 45, 660, 808 71,146, 640 96, 427, Oil 318,687,.214 330, 689,893 1,243,925,969 J U L Y 1, 1885. [Population, 56,148,000; circulation per capita, $23.02.] Gold coin, including bullion in I'reasury Standard silver dollars, including bullion in Treasury Subsidiary silver -.. Gold certificates -^ ^ Silver certificates ,. United States notes National-bank notes $588, 697, 036 208, 538, 967 74,939, 820 140,323,140 139,901,646 346, 681, 016 . 31.8,576,711 $247, 028, 625 169, 451, 998 31, 236,899 13, 593, 410 38, 370,700 15, 4.62,.379 9,945,710^ $341, 668, 411 39,086, 969 43,702,921 126,729,730 101.530,946 331, 218, 637 308, 631, 001 1, 817,658,336 , 525,089,721 I; 292,568, 615 J U L Y 1, 1886; [Population, 57,404,000; circulation per capita, $21.82.] Gold coin, including bullion in Treasury Standard silver dollars, including bullion in Treasury. Subsidiary silver... -^ ,... Gold certificates = Silver certifcates United States notes National-bank notes -^ $590, 774,461 237,191 906 75, 060, 937 131,174, 245 115,977,675 346, 681,016 311, 699,454 $232, 554, 886 184, 523,283 28, 886,947 55; 129, 870 27, 861,450 22, 868,317 4,034,416 $358,219, 575 52, 668, 623 46," 173 ,-990 76,044,375 88,116, 225 323,812, 699 307,665,038 1,808, 559,694 555,859,-169 1, 252,700, 525 REPORT OF THE SECRETARY OF THE TREASURY. CX TABLE I.—STATEMENT SHOWING THE AMOUNTS OF M O N E Y I N THE IJNITED STATES, IN THE T R E A S U R Y AND I N CIRCULATION, ON T H E D A T E S • • / \ SPECIFIED—Continued. ' • - - L Y 1, i887. [ P o p u l a t i o n , 58^680,000; c i r c u l a t i o n p e r c a p i t a , $22.45.] General stock coined o r issued. Gold coin, i n c l u d i n g bullion i n T r e a s u r y S t a n d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y S u b s i d i a r y silver ." Gold certificates Silver certificates "CTuited S t a t e s n o t e s National-bank notes -.... I n Treasury. -Amount in circulation. $654, 520, 335 277,445, 767 75, 547,799 121,486,817 145, 543,150 346, 681,.016 279, 217,788 $277,979,654 221, 897, 046 26,963,934 30, 261,380 • 3,425,133 20, 013,797 2,362, 585 $376, 540, 681 55, 548,721 48,583,865 91, 225,437 142,118, 017 326, 667, 219 276,855,^203- 1,900,442,672 582,903,529 1, 317,539,143 J U L Y 1, 1888. [ P o p u l a t i o n , 59,974,000; c i r c u l a t i o n p e r capita, $22.88.] Gold coin, i n c l u d i n g bullion iri T r e a s u r y ,. S t a n d a r d s i l v e r dollars, i n c l u d i n g b u U i o n i n T r e a s u r y . Subsidiary silver , Gold.certificates Silver certificates U n i t e d S t a t e s n o t e s . . 1-.,^ ^ National-bank notes ,; $705, 818, 855 310,166,459 76, 406, 376 142, 023,150 229, 491, 772 346, 681, 016 252, 368, 321 2,062,955,949 $314,704, 822 254, 639, 063 26,044,062 20, 928, 500 • 28,732,115 38, 680,976 7, 055, 541 $J91,114, 033 55, 527,396 50, 362, 314 121,094,650 200,759,657 308,000, 040 245,312,780 690,785, 079 1, 372,170, 870 J U L Y 1, 1889. [ P o p u l a t i o n , 61,289,000; c i r c u l a t i o n p e r capita, $22.52.] Gold coin, i n c l u d i n g bullion i n T r e a s u r y ' . S t a n d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y Subsidiary silver. Gold certificates Silver certificates United States notes National-bank notes '. $680, 063, 505 343,-947,093 76,601,836 154, 048, 552 262, 629, 746 346, 681, 016 211,378, 963 $303, 581, 937 289,489, 794 25,124, 672 36,918,323 5,474,181 30, 241, 825 4,158, 330 $376,481, 568 54, 457, 299 51,477,164 117,130, 229 257,155, 565 316,439,191 207,220,633 2, 075,350, 711 694,989,062- 1,380,361, 649 J U L Y 1, 1890. [ P o p u l a t i o n , 62,622,250; c i r c u l a t i o n p e r capita, $22.82.] Gold coin, i n c l u d i n g b u l l i o n i n T r e a s u r y S t a n d a r d s i l v e r doUars, i n c l u d i n g b u U i o n i n T r e a s u r y i S u b s i d i a r y silver Gold certificates Silver certificates United States notes National-bank notes $695,-563, 029 380, 083, 304 76,825, 305 157, 562, 979 301,539,751 346, 681, 016 185,970,775 2,144, 226,159 $321,304,106 323,804,555 22, 792, 718 26, 732,120 3,983,513 11,992,039 4, 365, 838 $374, 258; 923 56, 278, 749 54,032, 587 130,830,859 297, 556, 238 334, 688,977 181, 604, 937 714, 974, 889 1,429, 251,270 MONEY IN T H E TREASURY, IN CIRCULATION, ETC. CXI T A B L E I . — S T A T E M E N T SHOWING T H E AMOUNTS OF M O N E Y I N T H E U N I T E D STATES, IN THE TREASURY AND I N CIRCULATION, ON T H E D A T E S SPECIFIED—Continued. J U L Y 1, 1891. [Population, 63,975,000; circulation per capita, $23.41.] General stock coined or issued. Gold coin i n c l u d i n g b u l l i o n i n T r e a s u r y . . ••. S t a n d a r d silver dollars, i n c l u d i n g bullion i n T r e a s u r y . Subsidiary silver : Gold certificates S i l v e r certificates T r e a s u r y n o t e s , A c t J u l y 14, 1890 United States notes National-bank notes I n Treasury. A m o u n t in circulation. $646, 582,'852 438, 753, 502 77, 848,700 152,486, 429 314,715,185 50, 228, 417 346, 681, 016 167, 927, 974 $239,263,689 379, 927, 323' 19, 629,480 32,423, 360 7,479, 219 9,879,713 3, 473, 656 ' 5, 706, 928 $407,319,163 • 58,826,179 58,219, 220 120, 063,069 307, 235, 966 40,348, 704 343, 207, 360 162,221,046 2,195, 224,075 697,783,368 1,497,440,707 J U L Y 1, 1892. . [Population, 65,520,000; circulation per capita, $24.44.] Gold coin, including bullion in Treasnry Standard silver dollars, including bullion in Tieasury. Subsidiary silver Gold certiffcates : Silver certificates Treasury notes. Act of J u l y 14, 1890 United States notes ' : Currency certificates. Act of June 8, 1872..... National-bank notes. - . , $664, 275,335 491, 057, 518 77,521,478 156, 623, 929 331, 614,304 101,712, 071 346, 681,016 30,430, 000 172, 683, 850 $255,706, 511 434, 240, 056 14, 227, 774 15, 530, 310 4,920,839 3,453, 379 37,121,112 590, 000 5,462, 333 $408, 568, 824 56, 817,462 63, 293, 704 141,093,619 326, 693, 465 98,258,692' 309,559, 904 29, 840, doo 167,221,517 2, 372, 599, 501 771,252, 314 1,601,347,187^ EECAPITULATION. Year. 1860 1861 1862 186.3 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 .1892 A m o u n t of m o n e y in United States. $442,102,477 452, 005, 767 . 358, 452, 079 674, 867,283 705, 588, 067 770,129, 755 754, 327, 254 728, 200,-612 716,553, 578 715, 351,180 . 722,868,461 741, 812,174 762,721,565 774, 445, 610 806, 024,781 798, 273, 509 790, 683, 284 763,053,847 791,253,576 1,051, 521,541 1,205,929,197 1,406, 541, 823 1, 480,531,719 1,643,489,816 1,705, 454,189 1, 817, 658, 336 . • 1, 808, 559, 694 1, 900,442, 672 2,062, 955, 949 2, 075, 350, 711 2,144, 226,159 2,195, 224, 075 2,372,599, 501o - A m o u n t i n circulation. $435,407, 252 448,405,767 334, 697, 744 595,394, 038 669,641,478 714,702,995 673, 488, 244 661, 992, 069 680,103,661 664,452,891 675, 212, 794 715,889, 005 738, 309,549 751,881, 809 776,083,031 754,101,947 727,609, 388 722,314, 883 729,132,634 . 818, 631,793 973,382, 228 1,114,238,119 1,174, 290,419 1,230, 305', 696 1,243, 925,969 1,292, 568, 615 1, 252, 700, 525 1,317, 539,143 1,372,170,870 1, 380, 361, 649 1,429, 251, 270 1,497,440, 707 1,601,347,187 Population.. / 31,443, 321 32, 064,000 32, 704, 000 33, 365, 000 34, 046, 000 34,748,000 35, 469, 000 36,211,000 36, 973, 000 37, 756,000 38,558, 371 39, 555, 000 40, 590,000 41, 677,000 42, 796, 000 43, 951, 000 45,137, 000 46, 353, oeo 47, 598, 000 48, 866, 000 50,155,783 51,316, 000 52, 495, 000 53, 693, 000 54,911,000 56,148, 000 57,404, 000 58, 680, 000 59, 974,000 61, 289, 000 62, 622, 250 63,975,000 65,520, 000 Circulation Money p e r c a p i t a . per capita;. $14.06 14.09 10. 96 20. 23 20. 72 22.16 2L27 20.11 19. 38 18.95 18.73 18.75 18.70 18. 58 18.83 18.16 17.52 16.46 16.62 21. 52 24.04 27.41 1 28. 20 30. 60 31.06 32.37 31. 50 32. 39 34.39 33.86 34. 24 34.31 36.21 $13. 85 13.98 10.23 17.84 19.67 20. 57 18. 99 18. 28 18.39 17.60 17.50 18.10 18.-19 ' 18.04 18.13 17.16 16.12 15. 58 15.32 16. 75 19.41 21. 7J. 22.37 22. 91 22: 65 23. 02 21. 82 22.45 22.88 22.52 22.82 23.41 24.44 NOTE.—The difference between the amount of money in the country and the amount in circulation represents the money in the Treasury. Currency certificates, act of June 8,1872, are included in the amount of United States notes in circuo lation in the tables for the years 1873 to 1891 inclusive; in 1892 they are reported separately, 5?be foregoing tables present the revisedflguvesjfor eacU pf tUe years given. TABLE J.—STATEMENT SHOWING T H E ANNUAL APPROPRIATIONS MADE B Y CONGRESS F O R E A C H FISCAL Y E A R FROM 1884 TO 1892, INCLUSIVE. o X 2d s e s s i o n 2d session 1st session ls,t s e s s i o n 1st s e s s i o n 1st session 2d session 1st s e s s i o n 2d s e s s i o n 48tli C o n g r e s s . 48th C o n g r e s s . 49th C o n g r e s s . 49tli C o n g r e s s . 50th C o n g r e s s . 50th C o n g r e s s . 51st C o n g r e s s . 51st C o n g r e s s . 52d C o n g r e s s . Eiscal year Eiscal year Eiscal year Eiscal vear Eiscal year Eiscal year Eiscal year E i s c a l j^ear Eiscal vear 1889. .1890. 1893. 1891. 1885. 1886. . 1887. 1888. . 1892. T o suppljr deficiencies for t h e s e r v i c e of t h e v a r i o u s b r a n c h e s of t h e G o v e r n ment ?4, 385,836.10 F o r legislative, executive, a n d j u d i c i a l e x p e n s e s of the Government 21,556, 901.65 F o r s u n d r y civil e x p e n s e s of ,22, 346,749. 74 the Government 24,454, 450. 00 F o r s u p p o r t of t h e A r m y t8,-931,856.12 Eor the naval service 5, 903,1.^1. 26 Eor t h e I n d i a n service 14,948,300.00 F o r rivers and harbors 700,000. 00 F o r forts a n d fortifications .. F o r s u p p o r t of M i l i t a r y 314, 563.50 Academy F o r s e r v i c e of Post-Office Department . Indefinite F o r i n v a l i d a n d other; pensions, i n c l u d i n g deficien1120,810,000.00 cies Eor consular and diplomatic s e r v i c e •. 1,225,140.00 F o r s e r v i c e of A g r i c u l t u r a l 480,190.00 Department F o r e x p e n s e s of t h e D i s t r i c t 3, 594, 255. 54 _. of C o l u m b i a 7, 800, 003. 86 F o r miscellaneous Totals 137,451, 397,77 13 o *$3,332,717.30 $13, 572, 882. 61 $137,000. 00 $21,190, 995. 61 $14,230,179.71 $34,137, 737. 96 $38, 516, 227.87 $14,934,157. 68 21,495, 660.70 20, 809, 781. 46 20,772,720. 67 20, 924, 492.42 20, 865, 219. 93 21, 073,137.47 22,027, 674.75 21,901,066.00 25, 961, 904.12 24, 014, 052.50 +21, 280,766.93 .5,773„328.56 22, 650, 658. 49 23, 753, 057. 21 16,489, 556. 72 5,561,262.84 14, 464,900. 00 59,876.90 22, 369, 840. 96 23, 724, 718. 69 25, 786, 847.79 5, 234, 397. 66 26, 316, 529. 85 24,474,710.97 19,938,281.05 5,''401, 330. 51 22, 397, 616. 90 3, 972, 000.00 25, 527, 641. 65 24, 316, 615. 73 21, 675, 374. 98 8, 077, 453. 39 29, 760, 054.47 24, 206, 471.79 23,136, 035. 53 7, 256, 758. 27 -25,136,295.00 4,'232, 935. 00 35,459,163. 99 24, 613, 529.19 31,541,645.78 16, 278,492.48 2,951, 200. 00 3,774,803.00 26, 854, 624. 88 24,308,499.82 23, 543, 266. 65 7, 664,067. 57 22,068,218.00 2,734,276.00 O 725,000.00 309, 902.14 Indefinite 297,805.00 Indefinite 419,936.93 Indefinite..... . 902,766. 69 Indefinite . 435, 296.11 Indefinite 402,070. 39 428,917.33 Indefinite Indefinite: 146, 737, 350. 00. 60, 000, 000. 00 76,075, 200. 00 83,152, 500.00 81, 758, 700. 00 81, 758, 700.00 98, 457, 461. 00 135, 214, 785.00 1,242, 925. 00 1,364,065.00 1, 429, 942. 44 1,428,465.00 1, 980, 025. 00 1, 710,725. 96 1, 656, 925. 00 1,604,312.12 580, 790. 00 654, 715, 00 1, 028, 730. 00 1, 715, 826.14 1, 669,770. 00 i,'796, 502. 85 3, 028,153.50 3, 233, 060. 72 3, 622, 683. 20 2,268,383.15. ?, 721, 950. 99 10,184, 570. 90 4, 284, 590. 66 4, 694, 635.33 5, 056, 678.98 10,129, 501. 65 5, 682. 409. 91 10,186, 688. 81 5, 762, 236.75 10, 620, 840. 80 5, 597,125.17 2,721, 283. 24 5, 317, 361.47 3,381,018.51 170, 608,113.00 209, 659, 382. 91 193,035,861.13 * N o t i n c l u d i n g $6,150,061.98 a p p r o p r i a t e d for t h e n a v a l s e r v i c e for s i x m o n t h s e n d i n g J u n e 30,1885/ . i F o r s i x m o n t h s e n d i n g D e c e m b e r 31, 1884. 315, 043.81 Indefinite 1, 233, 594. 00 245, 020,172.89 218,115,439. 80 287, 722, 488. 96 323,783, 079. 36 304,710,196.75 X I n c l u d e s $6,150,061.98 for s i x m o n t h s e n d i n g J u n ' e 30,1885. II A n d r e a p p r o p r i a t i o n of u n e x p e n d e d b a l a n c e s , e s t i i n a t e d a t $66,000,000. W t=J' o &d o "^ H W • t?^ H 'a Ki NET RECEIPTS, 1892. - CXIII T A B L E K.—STATEMENT OF THE N E T R E C E I P T S ( B Y WARRANTS) DURING TH^: F I S C A L Y E A R ENDED J U N G 30, 1892. Customs r Quarter Quarter Quarter Quarter ended September 30,1891 ended December 31,1891. ended March 31,1892 ended Jnne 30,1892 45,- 246,059.75 40,409,109.15 50, 777, 989.19 41,019,806.06 Internal reve7iue: Quarter ended September 30,1891 Quarter ended December 31,1891 Quarter ended March 31,1892 Quarter ended June 30,1892 39,083,447.18 38,444. °441. 23 36.136,715.52 40, 306, 468. 64 177,452,964.15 '. .- 153,971,072.57 Sales of public lands: . Quarter eiided September 30,1891 Quarter ended December 31,1891 Quarter ended March 31, 1892.. Quarter elided June 30,1892 Tax on circulation of national banks: Quarter ended September 30,189.1 Quarter ended Deceinber 31,1891 Quarter ended March 31,1892 Quarter ended June 30,1892 Bepayment of interest-by Pacific railroads: QuaiterendedSeptember 30,1891.' Quarter ended December 31,1891 Quarter ended March 31,1892. Quarter ended June 30,1892. ., '. FI 9 2 - — Y I I I 84,163.19 46,768.19 63,517.82 42,049.18 .'. 284,126.96 394,699.16 553,171. 31 788,514.96 -. Revenues of District of Columbia: Quarter ended September 30,1891 Quarterended December31,1891.. Quarter ended March 31,1892 Quarter ended June 30,1892 Miscellaneous: Quarter ended September 30,1891 Quarter ended December 31.1891 Quarter ended March 31,1892 Quarter ended June 30,1892 ...: / ' Total ordinary receipts^ exclusive of loans Receipts from loans, certificates, and notes. ' 161, 004.19 272,920.50 288,798.15 186, 526.82 • 694,299.19 883,106. 27 698,828.13 854,203.47 ,. .\ Profits on coinage: Quarter ended September 30,1891 Quarter ended December 31,1891 Quarter ended March 31,1892 Quarter ended June 30,1892 *. Grand total 1, 261, 338.11 149,951.08 154.203.87 412, 254.65 246, 028. 07 ^ :.-... Proceeds of sales of Government property: Quarter ended September 30,1891 Quarter ended December 31,1891 Quarter ended March 31,1892 .., Quarter ended June 30,1892 .'. Total receipts Balance in Treasury June 30,1891 3,261,875.58 604,410.83 8,825.38 639,485.87 8,616.03 : 1 Customs fees, fines, penalties, and forfeitures: Quarter ended Septenvber 30,1891 Quarter ended December 31,1891 Quarter ended March 31,1892 Quarter ended June 30,1892 Fees—consular, letters patent, and lands: Quarter ended September 30,1891 Quarter ended December 31,1891 Quarter ended March 31,1892 Quarter ended June 30,1892 908, 768.41 1,001,521.88 715,836.64 635,748.65 — 330,424.17 1,306,293.64 168,140.28 1,162,186.62 , 3,699,268.70 1,023,887.13 2,150,786.17 l,890,4n.96 -z— x...': ".. .' > '. /. ' 962,437.67 -, 909,249.66 , 3,130,437.06 236,498.38 2,020,512.39 2,967,044.71 8,764,353.96 354, 937,784.24 381,463, 512.00 736, 401, 296.24 726,222,332. ,60 1,462.623,628.84 CXIV REPORT OF THE SECRETARY OF T H E TREASURY. T A B L E L . — S T A T E M E N T OF THE N E T DISBURSEMENTS ( B Y WARRANTS) DURING T H E FISCAL YEAR ENDED J U N E 30, 1892. ' CIVIL. Congress Executive • Judiciary Government in the Territories — Subtreasuries Public land oflaces ..-.. Mints and assay oifices Total civil . .. ........ ...........:.... $6,725,517.54 12,132,668.78 4,855,825.66 199, 384. 68 407,831.79 675,515.64 240,154.60 : $25,236,898.09 EOREIGN INTEPvCOUPvSE. Diplomatic s a l a r i e s . . . . . . . . . . . Consular salaries Contingent expenses of foreign missions -. Contingencies of consulates Spanish indemnity ...-. Relief, protection, and rescuing shipwrecked American seamen ^ International Union of American Republics Continental Railway Commission , International American Conference .-.:. Emergencies arising in the diplomatic and consular service. International Boundary Survey Miscellaneous items Total foreign intercourse. , MISCELLANEOUS. Mint Establishment. Life-Saving Service Revenue-Cutter Service Steamboat Inspection Service Engraving and printing Coast and Geodetic Survey ...• Light-House Establishment Marine-Hospital Establish m e n t . . . . . . -.... Custom-houses, court-houses, post-ofl&ces, etc Pay of assistant custodians and janitors for public buildings ..•. Euel, lights, and water for public buildings -.-. Furniture and heating apparatus for public buildings ............ Yaults, safes, locks, and plans for public buildings Collecting revenue from customs: For the year 1892 $6,504; 662.91 For prior years 141,613.14 Detection and prevention of frauds upon the customs revenue 21,316.42 Refunding excess of deposits, etc....-..-...-.-... Debentures and drawbacks under customs laws Compensation in lieu of moieties Expenses of regulating immigration. Salaries, shipping service = ...... Services to American vessels ; Enforcement of contract-labor laws. Chinese exclusion act; Revenue vessels Interstate Commerce Commission World's Columbian Exposition . . . . Expenses seal fisheries in Alaska : Assessing and collecting internal revenue.... .................... Paper for internal-revenue stamps Redemption of internal-revenue stamps Punishing violations of internal-revenue laws. Refu nds, reliefs, etc., under internal-revenue laws . ............ Allowance or drawback under internal-revenue laws Rebate of tax on tobacco .-...............---....-.-. .•.-..-...... -.'•.... Bounty on sugar . .-.v. i. .i Payment of judgments. Court of Claims Preventing the spread of epidemic diseases .Expenses of Treasury notes .-.....-..-. Distinctive paper for United States securities Suppressing counterfeiting and other c r i m e s . . . . - - . . . . . . ; . . . . . . . ; ; . . : . Transportation and recoinage of coin...........-..-..........-..-.-..-..... Propagation, etc., food-fishes.' Expenses under Smithsonian Institution . . . . . . . . . . . . . . . . . . •..-. National Zoological Park ; :. Contingent expenses, independent treasury : Sinking funds, Pacific railroads Mail transportation. Pacific railroads Refund of direct tax '. •. District of Columbia: Expenses, 50 per cent payable by the United States.. 5,975, 282.49 Water department, payable from the water fund 272,320.43 ^ Special trust funds 81,857.64 Redemption of District bonds : . 2,415,244.00 341,894.04 629,170.67 129, 919. 56 143,935. 62 .28,042.27 38, 756.37 40, 22^9. 33 71, 289.93 2,703.74 120,230.48 65, 015.00 131, 213.24 *^ 1,742,400.25 951,435.55 1,059.698.20 993,942.82 273,869.79 1,123,033. 84 526,069.53 3,237,317.44 634,278.07 6,319, 276.94 610,721.63 • 751, 664.47 396,465.28 43,513.54 fe, 667, 592.47 3,063,211.96 3,688,999.66 19,958.49 232,944.09 60, 510.65 27,116. 07 98,660. 00 63, 021.70 15,449.44 218,885. 63 519,875. 73 19,025.41 3,906, 645. 21 55, 227.15 29,748.94 49, 553. 02 48,253.80 21,500. 30 348,856.05 7,342, 077.79 47, 996. 78 46, 662. 39 ' 249,467. 50 39,623.04 • 73,005.12 236.301.01 364,330. 29 • -113,880.23 66,939. 07 74, 686.13 1,833, 422. 52 1,688,379. 31 2,610,855.07 8,744,704.56 , NET DISBURSEMENTS, 1892. CXV T A B L E L . — S T A T E M E N T O F T H E N E T DISBURSEMENTS ( B Y WARRANTS) DURING T H E FISCAL YEAR ENDicD J U N E 30, 1892—Continued. .MISCELLANEOUS-Continued. Buildings and grounds in Washington under Chief Engineer $184,703.99 ^ Fuel, lights, etc.. State, .War, and Na^^y Department b u i l d i n g . . . . . . . . 42,028.31 Care, maintenance, etc., of Washington Monument 12, 819.56 Louisville and Poi:tland Canal '., ...... 102,440.74 Support and treatment of destitute patients... . : . 18,-999.96 Weather Bureau : 738,949.68 Department of AgTiculture. 2,204, 912.79 Deficiency in the postal revenues ^......... ... 4,051,489.71 Capitol building and gjounds.. ..... 154,045.24 Building for Library of Congress . . . : - . . . - . . . . . . . . . - 910,000.00 Interior Department building 11, 506.79 Government Hospital for the Insane ....... - 336, 528. 62 Columbia Institution for the Deaf and D uin b 50,500.00 Freedmen's Hospital arid Asylum 59,551.61 Howard University 29, 799. 82 National Museum .• : 189,227. 06 Colleges for agriculture and the mechanic arts 1,017,000.00 Surveying public and private lands. 248,728.16 Contingent expenses land oflices 183,806.88 Geological Survey 559,191.20 Expenses Eleventh Census , 1,256,422.T" Hot Springs reservation, Arkansas 20,179.15 Deposits by individuals for. surveying public lands 89,123.04 Repayment for lands erroneously, sold — 50,583.86 Swamp lands and swamp-land indemnity 51, 246.29 Depredations on public timber - . 97,303.37 Protecting public lands — 144,158.10 Five, three, and two per cent funds to States 87, 261. 80 Photolithographing for the Patent Office .'. 99, 998. 97 Official Gazette, Patent Ofiice i . . .• 49, 996.10 Payment of French spoliation clairas... 102. 440. 74 Miscellaneous items. • 79.091.59 Total miscellaneous .' $72,862, 689.67 INTERIOR DEPARTMENT. Indians Pensions .' '^ 11,150,577.67 134,583,052.79 '. Total Interior Department 145,733,630.46 M I L I T A R Y ESTABLISHMENT. Pay Department Pay Department, bounty and miscellaneous Commissary Department Quartermaster's Department Medical Department Ordnance Department .'...." Armories and arsenals Military Academy Improving rivers and harbors Fortifications, etc ; Construction of military posts, roads, etc . . National cemeteries, roads, etc Expenses of recruiting Contingencies of the Army Signal Service Publication of official records of the war of the rebellion Support of national homes for disabled volunteer soldiers Support of Soldiers' Home : Soldiers'Home permanent fund and interest account Support of military prison, Eort Leavenworth, Kans Yellowstone National Park Claims, reimbursements, reliefs, e t c . . . i Miscellaneous items ; Total military establishment " .... i 12,983,909.74 . 952,885.99 1,524,040.97 6,972, 029.98 - 681,989. 38 3,619. 043.93 1,075,903.^34 317,471. 85 13,017,208.48 878,56_2.43 642,578. 53 237,819.72 120,709.27 10,969.35 31, 697.62 187,439.62 2,525,777.87 194,254.43 - 193,779.55 73,948.48 99,481.12 372,418.11 181,536.54 46,895,456.30 CXVI REPORT OF THE SECRETARY OF TH^ TREASURY. T A B L E L . — S T A T E M E N T OF T H E N E T DISBURSEMENTS ( B Y WARRANTS) DURING T U B FISCAL Y E A R ENDED J U N E 30,1892—Continued. NAVAL ESTABLISHMENT. Pay, etc., of the Navy Deposit fund...: Contingent, Navy. .^ Marine Corps...'. Naval Academy : Navigation.: Ordnance Equipment.... Yards and Docks Medicine and Surgery Provisions and Clothing Construction and Repair Steam Engineering Increase of the Navy Relief of sufferers by wrecks of United States steamers MisceUaneous items and reliefs Total Less repayments on account of advances Total naval establishment Interest on the public debt , $7,059,544.17 113,422.92 11,072. 98 878,987.78 224,378. 32 253,286.55 610,095; 18 1, 063, 616.82 1,445,358.35 ^ 219,006.99 1,575,064.12 1,206,735.82 763,110.27 13,756,499.90 8, 634.13 3, 339.36 29,192,153.66 18,014.68 -. $29,174,138.98 23,378,116.23 Total net ordinary expenditures Redemption of the public debt. 345,023,330.58 338,995,958.98 Total expenditures Balance in.the Treasury June 30,1892 684,019,289.56 778,604,339.28 Grand total , 1,462,623,628.84 NET RECEIPTS AND DISBURSEMENTS, 1892. CXVII T A B L E M . — S T A T E M E N T O F T H E N E T R E C E I P T S AND DISBURSEMENTS ( B Y WAR^ R A N T S ) FOR T H E Q U A R T E R ENDED S E P T E M B E R 30, 1892. RECEIPTS. Cu.stoms.. Internal r e v e i i u e . . . : Sales bf public lands Tax on national banks i -^- • - Repayment of interest by Pacific railroads...Custoins'fees, fines, penalties, and forfeitures ' Fees—consular, letters patent, and.lands Proceeds of sales of Government prox)erty Protits on coinage, etc Miscellaneous -— 1........... Total net ordinary receipts Issues of public debt in excess of redemiitiou , Balance in the Treasury J u n e 30, 1892 $53,631,954.79< 42,565,263.41 730,613.42 676,941.95 226, 737. 83 175,797.05 691,495.20 33,846.54 385,649.54 2,037,341.40 101,155,641.13 10,777,764.00 778,604,339.28 •.. Total..., 890,537,744.41 DISBURSEMENTS. Customs.. Internal revenue Diplomatic Treasury Judiciary Iritei-ior civil ' Total civil and miscellaneous, .t Indians Pensions.' :.'....... Military Establishment. Naval Establishment Interest on the public debt Total net.Qrid^ary expenditures Redemption of public debt in excess of issue Balance in the Treasury September -30, 1892 . Total ..'.......,...' : : :. ......: ^ 4,686,552.40 1,582, 533.06 388,859.78 . 15,341,095.97 1,994,223.83 3,069,240.47 27,062,505.51 1,947,063.78 40,367,513.72 12,165,101.87 6,994,861.58 7,624,979.92 96,162,026.38 25,954,116.50 768,421,601.53 890i537,744.41 CXVIII REPORT OF THE SECRETARY OF T H E TREASURY, T A B L E N . — S T A T E M E N T OF R E C E I P T S OF T H E U N I T E D STATES FROM MARCH 4, 1789, 30) FROM Balance in ihe Treasury at commeiicement of year. 1791 1792 1793 1794 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1816 1817 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1829 1830 1831 1832 1833 1834 1835 1836 1837 1838 1839 1840 1841 1842 1843* 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 3858 1859 1860 I86I 1862 1863 1864 1S6& $973,905.75 783, 444.51 •753,661.69 1,151,914.17 . 516,442. 61 888, 995.42 1,021,899.04 617, 451.43 2,161,807.77 2,623,311.99 3,295,391.00 5, 020,697. 64 4, 825,81L 60 4, 037,005.26 3,999, 388.99 4,538, 123. 80 9.643, 850.07 9,941, 809. 96 3,848, 056.78 2, 670,276.57 3, 502,305.80 3, 862,217.41 5,196,,542.00. 1,727, 484. 63 . 13,106,592.88 22,033, 519.19 14,989, 465.48 1,478, 526.74 2, 079,992. 38 1,198, 461.21 • .1,681,592.24 4,237, 427.55 9,463, 922.81 1,946, 597.13 5,201, 650.43 6, 358,686.18 6,668, 286.10 5,972, 432.81 5,755, 704.79 6,014, 539.75 4,502, 914.45 2, Oil,777. 55 11,702, 905. 31 8,892, 858.42 26,749, 803. 96 46,708, 436.00 37,327, 252. 69 36,891, 196.94 33.157, 503.68 29, 963,163.46 28, 685,111. 08 30,521, 979.44 39,186, 284 74 36,742, 829. 62 36,194, 274. 81 38,261, 959. 65 33,079, 276.43 29,416, 612.45 32, 827,082. 69 35, 871,753.31 40.158, 353.25 43,338, 860.02 50,261, 901.09 48, 591,073.41 47, 677,672.13 49,108. 229. 80 46, 802,855.00 35,113. 334.22 83,193, 248. 60 32, 979,530.78 30, 963,857.83 46, 965,304.87 36, 523,046,13 134,433, 738.44 Customs. • 473. 09 3, 443, 070. 85 . 4,255,, 306.56 4, 801, 065. 28 5, 588, '561. 26 6,567, 987.94 7,549, 649. 65 7,106, 061.93 6, 610, 449.31 9, 080, 932.73 10,750, 778. 93 12,438, 235. 74 10,479, 417. 61 11,098, 565. 33 12, 936, 487. 04 14, 667, 698.17 15,845, 521. 61 16,363, 550.58 7, 256, 506.62 8, 583, 309. 31 13,313, 222.73 ,8,958, 777. 53 13,224, 623. 25 5 , " " 772. 08 7, 282, 942. 22 36, 306, 8 7 4 8 8 26, 283, 348.19 17,176, 385. 00 20,283, -, .'6 15,005, 612.15 13,004, 447.15 17,589, 761. 94 19,088, 433.44 17,878, 325.71 20,098, 713.45 23,341, 331.77 19,712: 283.29 23,205, , 523.64 22,681, 965.91 21,922, 391.39 24,224, 441.77 28,465, 237.24 29,032, 508.91 16,214! 957.15 19, 391, 310.59 23,409, 940. 53 II, 169, 290. 39 16,158, 800. 36 23,137,, 924. 81 13,499,, 502.17 14,487,,216:74 18,187, 908. 76 7,046, 843. 91 26,183, 27,528, 570.94 26,712, 112.70 23,747, 667. 87 31,757, 864. 66 28, 346, 070. 96 ,39, 668, 738.82 49,017,, 686.42 47, 339,, 567. 92 58,931,, 326. 62 64,224,, 865. 52 53,025,, 190. 27 64, 022,, 794.21 63,875,, 863. 50 41,789,, 905. 05 49, 565,, 620. 96 53,187,, 824. 38 39,582,, 511. 87 49,056,, 125. 64 69,059,; 397. 62 102,316,, 642. 40 84,928,, 152.99 , 260.60 Internal r e v e ni»e. 942. 81 337, 705. 70 274, 089. 62 337, 755.36 475, 289. 00 575, 491.45 644, 357.95 779, 136.44 809, 396. 55 1, 048,033.43 621, 898. 89 215, 179. 69 50, 941. 29 21, 747.15 20. 101.45 13, 051. 40 8, 190. 23 4, 034.29 7, 430. 63 2, 295. 95 4, 903.06 4, 755. 04 1, 662,984 82 4,678, 05.9.07 5,124, 708.31 2, 678,100.77 955, 270.20 229, 593. 63 106, 200.53 69, 027. 63 67, 625.71 34, 242.17 34, 663. 37 25, 771. 35 21, 589. 93 19, 885.68 17, 451. 54 14, 502. 74 12, 160. 62 6, 933. 51 11, 630. 65 2, 759.00 4, 196.09 10, 459.48 370.00 5, 493.84 2, 467.27 2, 553.32 1, 682. 25 3, 261. 36 495. 00 103.25 777.34 517.12 897. 26 375. 00 375.00 37,640,787.95 109,741,134.10 209,464,215.25 Direct tax. Public lands; Miscellaneous. $4,836.13 83, 540. 60 11, 963.11 $734, 233. 97 443. 75 534, 343.38 167, 726. 06. 206, 565.44 188, 628. 02 71,879.20 165, 675. 69 50,198.44 487, 526. 79 21,882.91 540, 1.93.80 55,763. 86 765, 245. 73 34,732. 56 " 466, 163.27 19,159.21 •647, 939. 06 442, 252. 33 7, 517.31 696, 548. 82 12,448. 68 7, 666. 66 1, 040, 237. 53 859.22 71.0, 427.78 3, 805.52 , 835, 655.14 2,219,497. 36 1,135, 971. 09 2,162,673.41 1, 287, 959. 28 4, 253,635.09 1,717, 985. 03 1, 824,187. 04 1,991, 226. 06 2, 606, 564. 77 264,333. 36 83,650.78 3, 274, 422. 78 31,586. 82 1,635, 871. 61 1,212, 966.46 29,349.05 20,961. 56 1, 803, 581.54 10, 337.71 916, 523.10 984, 418.15 6,201.96 2, 330. 85 1,216, 090.56 6, 638.76 1,393, 785.09 2,626.90 1,495, 845. 26 1,018, 308.75 2,218.81 1,517, 175.13 11,335.05 16,980.59 2, 329, 356.14 10,506.01 3,210, 815. 48 6,791.13 2,623, 381. 03 394.12 3,967, 682. 55 4,857, 600.69 19.80 4, 263.33 14,757, 600.75 728.79 24,877, 179.86 1,687.70 6,776, 236. 52 3,730, 945. 66 755.22 7,361, 576.40 3,411, 818. 63 1,365, 627.42 1,335, 797. 52 898, 158.18 2,059, 939.80 2,077, 022.30 2,694, 452.48 2,498, 355. 20 3, 328, 642. 56 1, 688, 959. 55 1, 859, 894. 25 2,352, 305.30 2,043, 239. 58 1, 667, 084.99 8,470, 798.39 11,497, 049.07 8, 917, 644.93 3, 829, 486.64 3,513, 715.87 1,756, 687. 30 1,778, 557.71 870, 658. 54 1,795,331.73 152, 203.77 1,485,103.61 167, 617.17 475,648.96 588, 333.29 996, 553.31 1, 200,573.03 $10, 478.10 9, 918.65 • 21,410. 88 53, 277. 97 28, 317.-97 1,169, 415. 98 399, 139. 29 58, 192.81 86, 187.56 152, 712.10 649.15 . . 345, 1, 500,505.86 131, 945.44 139, 075.53. 40, 382. 30 51, 12L86 38, 550.42 21, 822:85 62, 162.57 - 84,476.84 59, 21L 22 126, 165.17 271, 571.00 164, 398.81 285, 282: 84 782. 35 - 273, 109, 761.08 57, 617.71 57, 098.42 61, 338.44 152, 589.43 452, 957.19 141, 129.84 1.27,603. 60 - -130,-451.81 94, 588.66 1,315,722. 83 65, 126.v49 112, 648.55 73, 227.77 584, 124.05 ^ 270,410.61 470, 096.67 480, 812.32 759, 972.13 2,245,902.23 7,001,444.59 6,410,348.45 979, 939.86 2, 567,112.28 1,004, 054 75 451, 995. 97 285, 895. 92 1,075, 419.70 361, 453.68 289, 950.13 220, 808. 30 612, 610. 69 685, 379.13 2, 064,308. 21 1,185, 166.11 464, 249. 40 988, 081.17 1,105, 352.74 827, 731.40 1,116, 190.81 1,259, 920. 88 1,352, 029.13 1,454, 596.24 1,088, 530. 25 1, 023,515. 31 915. 327.97 3,741, 794.38 30,291, 70L86 25,441, 556.00 *For the lialf year from RECEIPTS, CXIX 1789-1892, TO J U N E 30, .1891, BY CALENDAR YEARS TO 1843 AND BY FISCAL YEARS ( E N D E D J U N E THAT, T I M E . . ' Dividends. N e t ordinary receipts. 1791 $8, 028.00 1792 38, 500. 00 1793 303,472. 00 1794 160, 000. 00 1795 160, 000. 00 1796 80, 960.00 1797 79i 920. 00 7, 1798 71, 040.00 7, 1799 71, 040. 00 10, 1800 88, 800. 00 12, 1801 39, 960. 00 14, 1802 11, 1803 11, 1804 13, 1805 15, 1806 16, 1807 17, 1808 7, 1809 9, 1810 14, 1811 9, 1812 14, 1813 11, 1814 1.5, 1815 -47, 1816 202, 426. 30 33, 1817 525,000.00 21, 1818 675,000. 00 -24, 1819 1820 1,000,000.00 17, 14, 105,000.00 1821 297,500. 00 20, 1822 •20, 350,000. 00 1823 350,000. 00 19, 1824 367,500. 00 21, 1825 402,500.00 25, 1826 420, 000.00 22, 1827 455,000.00 24, 1828 490,000.00 24, 1829 490,000.00 24, 11830 490, 000.00 28, 1831 490. 000. 00 31, 1.832 474,985.00 33, 1833 234,349. 50 21, 1834 35, 506, 480. 8: 1835 292, 674. 67 50, 1836 21, 1837 26, 1838 31, 1839 19, 1840 16, 1841 19, 1842 8, 1843' 2y, 1844 29, 1845 29, 1846 26, 1847 35, 1848 30, 1849 43, 1850 52, 1851 49, 1852 61, 1853 73, 1854 65, 1855 •74, 1856 68, 1857 46, 11858 52, 1859 56, [1860 41, !l861 I 51, 1862 112, 1863 243, 1864 322, 1865 951. 960. 293. 904. 534. 529. 780. 495. 813. 749. 330. 793. 097. 307. 693. 931. 019. 661. 473. 214. 634. 132. 409. 625. 916. 985. 049. 171. 374. 669. 379. 427. 666. 212. 858. 434. 363. 629. 627. 116. 820. 450. 426. 935. 087. 796. 153. 561. 749. 115. 160. 197. 001. 707. 105. 967. 403. 699. 077. 888. 039. 815. 031. 341. 574. 699. 312. 365. 107. 599. 299. 261. 945. 971. 158. (January 1 t o J u n e 30,1843, Interest. $4, 800.00 42, 800.00 78,675. 00 10,125.00 PremiumSo Receipts from loans a n d Gross r e c e i p t s . Treasury notes. $361, 391.34 5,102, 498.45 1,797, 272.01 4, 007.950'. 78 3, 396,424.00 320, 000. 00 70, 000.00 200, 000.00 5,000, 000.00 1,565, 229.24 Unavailable. :, 771,342. 1,772,458. i, 450,195. 1,439, 855. I, 515, 758. 1, 740,'329. 1,758, 780. 1,179,170. , 546, 813. ,413, 978. , 945,455. :, Qmfm. ., 064, 097. ,826,307. ;, 560, 693. ', 559, 931. 1,398,0.19. , 060, 661. , 773, .473. 2, 750, 000. 00 1,134, 214. , 422, 634. 12, 837, 900. 00 I, 639, 032. 300. 00 26,184,135.00 I, 524,844. 85.79 23, 377, 826. 00 t, 559, 536. 11, 541. 74 2,107.64 35, 220, 671.40 !, 961, 237. •68, 665.16 686. 09 9,425,084.91 , 171, 421. 267,819.14 466,723.45 , 833,592. 412. 62 8,353. 00 , 593, 936. 2,291.00 , 605, 665. 3, »00; 824.13 \ 881,493. 5,000,324.00 \ 573,703. , 232,427. , 540, 666. 5, 000, 000.00 :, 381, 212. 5, 000,000.00 1,840, 858. ,260,434. ,, 966, 363» :, 763,629. :, 827, 627. :, 844,116. 1, 526,820. , 867,450. i, 948,426. ., 791, 935. , 430,087. 1,826,796. , 947,142. 2, 992, 989.15 1,019,382. 12, 716,820. '^" ., 340,025. 3,857,276.21 >, 069,662. 5,589, 547.51 1,519,477. 13, 659, 317.38 :, 784,932. 14,808, 735. 64 , 782,410. 71,700. 83 12,479, 708. 36 ., 198, 555. 666. 60 1,877,181.35 1,970,105. , 699, 967. , 368,168. 28, 365.91 28, 872,399.45 i, 992,479. 37,080.00 21,256, 700.00 I, 796,892. 487, 065.48 28,588, 750.00 •, 649, 388. 10,550.00 4,045, 950.00 1, 762, 704. 4, 264.92 . 203,400.00 1,893,115. 46, 300.00 , 603,404. 16, 350.00 22.50 , 802, 343. 2, 001.67 , 351,374. 800.00 , 056,899. 200.00 1, 969, 212. 3, 900.00 1,372,665. 7 23,717,300.00 , 773,965. . 709,357.72 28, 287,500.00 1,841,407. 10, 008.00 20,776, 800.00 ., 371, 640. 33, 630.90 41,861, 709.74 ., 680,121. 68,400.00 529, 692,460.50 1,379,s652. 602,345.44 776,652, 361.57 !, 461,017. 21,174, IOL 01 1,128,873, 945.36 ,939,345. 740.8511,805, 11,683,446." 11,472,224, $1, 889. 50 63,288. 35 1,458,'782.'93 37,469.25 11,188.00 28,251.90 "30," 666." 66 103, 301. 37 15,408. 34 I I , 110.81 6, 000. 01 9, 210.40^ 6,095.11 Cxx ItEPORT OF THE/SECRETARY OF THE TREASURY. TABLE N.—STATEMENT OF THE RECEIPTS OF. THE UNITED •s Balance in the Treasury at cbnunencem e n t of y e a r . 1866 1867 II $33,933,657.89 160,817,099.73 18681869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 198,076,437.09 158, 936, 082. 87 183,781,985.76 177, 604,116.51 138,019,122.15 134,666, 001. 85 159,293,673.41 178,833, 3 3 9 ^ 4 172,804, 06i?32 149, 909,377. 21 214,887,645,88 286,591,453.88 386,832,588.65 331,940,064.44 280, 607i 668. 37 275,450, 903. 53 374.189, 081.98 428,941,403.07 521,794,026.26 526,848,755.46 512,851,434. 36 659,449, 099. 94 673, 399,118.18 691, 527,403.76 726, 222,332.60 Customs. $179, 046, 651.58 176,417,810.88 Internal revenue. Direct tax. . Public lands. Miscellaneous. $309,226,-813.42 $1, 974, 754 12 266, 027,537.43 4, 200, 233. 70 $665,031.03 $29, 036, 314 23 1,163, 575. 76 15, 037,522.15 191, 087, 589.41 1, 788,145.85 164,464,599.56 1, 348, 715.41 158, 356,460.86 ,765, 685. 61 4,020, 344. 34 180,048,426.63 184, 899, 756, 49 229,102.88 3, 350, 481.76 194, 538, 374.44 143, 098,153. 63 580,355.37 2,388,646.68 206,270,408.05 130, 642,177.72 216,370, 286. 77 2, 575, 714.19 113,729, 314.14 188,089, 522.70 2, 882, 312. 38 315,254.51 102,409,784. 90 163,103; 833. 69 1, 852, 428.93 110,007,493.58 157,167,722.35 1,413, 640.17 116, 700, 732. 03 148, 071, 984. 61 1,129,466.95 93, 798. 80 118, 630, 407.83 130, 956,493.07 976, 253. 68 110,581,624 74 130,170, 680. 20 1, 079,743. 37, 113, 561, 610. 58 137,250, 047.70 924,781. 66 124,009,373.92 186, 522,064.60 1,016,506.60 30.85 198,159, 676. 02 . 135, 264, 385. 51 1, 516. 89 2, 201, 863.17 146,497, 595.45 220,410, 730. 25 .4,753,140.37 160,141. 69 144 720, 368. 98 214,706,496.93 7, 955, 864.42 108,156. 60 121,586,072,51 9, 810,705.01 195, 067,489.76 • 70, 720.75 112,498,725.54 5, 705, 986.44 181,471,939.34 116, 805, 936. 48 192, 905, 023.44 5, 630,999.34 108, 239. 94 118, 823, 391. 22 217,286,893.13 9,254 286.42 32, 892.05 124 296,871.98 219,091,173. 63 1,565. 82 11, 202,017.23 130,-881, 513. 92 223, 832, 74L 69 ' 8,038,651.79 " 142, 606, 705. 81 229, 668,584.57 6, 358, 272. 51 145, 686. 249.44 219,522, 205.23 4, 029, »35: 41 153,97i; 072. 57 177,452,964.15 3, 261,875.58 6,928,539,344.54 17, 745,403.59 13, 997,338. 65 12, 942,118. 30' 22, 093, 541. 21 15,106, 051. 23 17,161, 270.05 32,575,043.32 15,431,915. 31 24, 070, 602.31 30,437,487.42 15, 614,728. 09 20, 585, 697.49 21, 978, 525.01 25,154,850.98 31,703, 642.52 30, 796, 695. 02. 21,984 881.89 24, 014,055. 06 20, 989, 527. 86 26, 005,814.84 24,674,446.10 24,297,15L44 24,447,419. 74 23,374,457.23 20,251,87L94 4, 265,731, 870.18 28,131,^90. 32 283, 767,517.10 711,123,174.64 * Amount heretofore credited to the Treasurer aft / RECEIPTS, 1789-1892. CXXl STATES FROM MARCH 4, 1789, TO. J U N E 30, 1892, ETC.—Contimied. i Dividends. N e t ordinal y Interest. receipts. 1866 1867 $519,949,564 38 462,846, 679.92 1868 11869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 376,434,453. 82 357,188,256.09 359,959,833.87 374, 431,104 94 364.694,229.91 322,177; 673.78 299, 941, 090.84 284,020,771.41 290,066, 584. 70 281, 306, 642.00 257,446, 776.40 272,322,136.83 333,526,500.98 360, 782, 292. 57 403, 525, 250. 28 398,287,581.95 348. 519, 869.92 323, 690, 706. 38 336,439,727.06 371,403, 277. 66 379,266, 074.76 387,050,058.84 403, 080, 982. 63 392, 612,447. 31 354,937,784.24 ^^ Premiums. Receipts^ from l o a n s a n d Gross receipts. Treasury notes. Unavailable. $38, 083, 055.68 $712, 851, 553.05 $1,270,884173.11 $172,094. 24 . 27,787,330.35 640,426,910. 29 1,131,060,920. 56 721, 827. 93 2, 675,918.19 29,203, 629. 50 625, 111, 433.20 1,030,749, 516.52 *2, 070 73 13, 755,491.12 238, 678,081.06 609, 621, 828.27 15, 295, 043.76 285,474 496.00 606, 729, 973. 63 o 8, 892,839. 95 268,768, 523! 47 652, 092,468.36 *3, 396.18 9,412, 637. 65 .305, 047,054. 00 679,153, 921. 56 *18,228. 35 11,560,530.89 214 931, 017.00 548, 669. 221. 67 *3, 047. 80 5, 037, 665. 22 439,272,535.46 744, 251,29i. 52 12, 691.48 3, 979; 279. 69 387, 971, 556. 00 675, 971, 607.10 4, 029, 280.58 397, 455, 808. 00 691,551,673.28 4 5,776.58 348,871,749.00 630, 278,167. 58 317,102. 30 404 581,201.00 662, 345, 079.70 1, 505,047.63 792, 807, 643,00 1,066, 634,827. 46 110. 00 211, 814,103.00 545,340,713 98 113, 750, 534 00 474, 532, 826. 57 120,945,724.00 524,470, 974. 28 555, 942,564 00 954,230,145.95 206,877,886.00 555, 397, 755. 92 *1, 500 O'J 245,196, 303. 00 568, 887, 009.38 47, 097. t)5 116.314,850.00 452,754,577.06 154,440, 900. 00 525.844,177. 66 7 997 64 285, 016, 650. 00 664, 282,724. 76 245, 111, 750.00 632,161,408. 84 245, 293, 650. 00 648,374, 632. 63 *731.11 373, 208, 857.75 765, 821, 3C5..06 381,463,512.00 736,401,296.24 $9,720,136.29'l2,227,014,033.07'$485,224.45204, 259, 220. 83 13,640,856,488.59 26,072,614966,94 2,714,730.71 unavailable and since recovered and charged to his account. CXXII REPORT OE THE" SECRETARY OF THE TREASURY. T A B L E O . — S T A T E M E N T OF E X P E N D I T U R E S O F T H E U N I T E D STATES FROM MARCH 4, J U N E 30, FROM Year". 1791 1792 1793 1794 1795. 1796 1797. 1798 1799 1800. 1801. 1802. 1803. 1804. 1805. 1806. 1807. 1808. 1809. 1810. 1811. 1812. 1813. 1814. 1815. 1816. 1817. 1818. 1819. 1820. 1821. 1822. 1823 1824. 1825 1826 1827. 1828 1829 1830 1831. 1832. 1833. 1834. 1835. 1836. 1837. 1838, 1839 1840. 1841. 1842. 1843^ 1844. 1845. 1846. 1847. 1848. 1849. 1850. 18? I. 1852. 1853. .1854. 1855. 18.56. 1857. 1858. l859. i860. ]86l. l862. ]863. l864, War. Navy. $632, 804.03 1,100, 702. 09 1,130, 249. 08 2, 039,097. 59 $61, 408. 97 2, 480,910.13 410, 562. 03 1, 260,263. 84 274, 784. 04 1, 039,402. 46 382, 631. 89 2, 009,522.-30 1, 381,347. 76 2, 466,946.98 2, 858,081. 84 2, 560,878. 77 • 3,448,716. 03 1, 672,944. 08 2, 111,424. 00 1,179, 148.25 915, 561. 87 055.85 822, 1, 215,230. 53 875, 423. 93 1,189, 832.75 712, 781. 28 1, 597,500. 00 224, 355. 38 .1,649, 641.44 085. 91 1,722, 064.47 834.40 1, 884,067. 80 2,427, 758. 80 772.17 323. 94 1, 654,244 20 828.19 1,965, 566. 39 798. 24 3,959, 365.15 013. 02 6,446, 600.10 806. 86 7, 311, 290. 60 294. 22 8, 660,000. 25 096. 3, 908,278. 30 236. 53 3, 314,598. 49 715.10 2,953, 695. 00 300.37 3,847, 640.42 392.31 4, 387,990. 00 291.78 3,319, 243. 06 981.48 2, 224.458. 98 924. 43 2, 503,765. 83 939. 85 . 2,904,581. 56 914.18 3, 049,083. 194.37 4.218, 902.45 977, 4, 263,877.45 544.56 3, 918,786.44 291. 07 3, 308,745.47 128. 88 3, 239.428. 63 835. 55 3, 856,183. 07 034.88 3, 956,370. 29 3, 901,356. 75 019.10 3, 956,260.42 189. 3, 864,939. 06 156. 89 5,807, 718. 23 345:25 6, 646,914. ,53 730. 80 6,131,580:53 224.16 6,182,204. 25 995. 80 6,113,896. 89 267. 23 610. 24 6, 001,076. 97 438. 02 8,397, 242.99 671. 95 3,727, 711.53 183. 66 6,498, 199.11 291.28 6,297, 177. 89 370. 58 6,455, 013. 92 030. 33 7,900, 635.76 334. 21 9,408, 476.02 473. 26 9,786, 705. 92 024.58 7, 904,724. 66 965.11 8, 880,581. 38 8,918, 842.10 506.19 498. 49 11,067, 789. 53 282.87 11, 10,790, 096. 32 074. 07 13, 327,095.11 14, 160. 51 14,074, 834. 64 16, 150.87 12, 651,694. 61 19, 121. 63 14,053, 264. 64 25, 720. 53 14,690, 927.90 23, 202.72 11,514, 649. 83 16, 530. 67 12,387, 156. 52 23. 562.29 42, 640,353. 09 389, 411.82 63,261, 235. 31 603. 048.66 85,704, 963.74 690, Indians. $27,,000.00 13,1, 648. 85 27:•, 282. 83 13,1,042.46 •23:, 475. 68 113:.,563. 98 62:, 396. 58 16.,-470.09 2o:1,302.19 3L22 1,000.00 '94.,000.00 6o:I, 000.00 .116:1, 500.-00 196:1, 500. 00 234,:, 200.00 205., 425. 00 1, 575. 00 • 213, 33' ,503.84 177,, 625. 00 151, 875. 00 '277:', 845. 00 •, 358. 28 167:', 394. 86 167,1, 750. 00 530:,512.16 274:., 463.71 319;S 704.27 505,1,181, 39 463,S 750. 01 315, 005. 44 477.S 007.41 575,1,781 82 380,\ 987. 90 429,, 106.44 724,;, 447. 83 743,I, 624.88 750,), 084. 24 705,1, 344.74 576,I, 262.47 622,', 738. 04 930,1,419.75 !, 980. 93 1, 352, :, 953.20 1, 802; 1, 444.48 1, 003, 1,706,, 022.88 :, 036.19 5, 037, 4, 348,, 191.34 i, 917. 28 5, 504, 2, 528,, 794,86 2, 331,, 837,12 I, 099, 68 2, 514, 1,199,1, 371. 00 578,1, 532. 39 1,256,\ 35L 35 1,539,, 693. 64 ', 411. 30 I, 027, 1, 296.81 1, 430, 1,252,:, 161. 55 1,374,:, 591. 47 1,801.77 1, 663, 1, 576.04 2, 829, 3.043;1,494 12 I, 339. 55 3 1, 990. 78 1, 550, 2, 772,, 263. 97 :, 418. 87 2, 644, 4,354,1, 266.18 4,978,I, 534. 53 3,490:, 121.54 S 48L17 2, 991: 2, 865, 948.37 2,327,I, 032.70 3,152,>, 975.97 2,629, Pensions. • $175,813. 88 109, 243.15 80, 087. 81 • 81,399.24 68, 673.22 . 100, 843. 71 92, 256. 9' 104, 845. 33 95, 444.03 64 130. 73 73 533. 37 85, 440. 39 62, 902.-10 80, 092.80 81 854. 59 81, 875. 53 70, 500. 00 82, 576.04 87, 833. 54 83, 744.16 75, 043.88 91 402.10 86 989. 91 90; 164. 36 69, 056. 06 188, 804.15 397, 374.43 •890, 719. 90 2, 415,939. 85 3, 208,376. 31 242, 817. 25 1, 948,199.40 1,780, 588. 52 1, 499,326. 59 810. 57 1,; 1, 556;593. 83 976, 138.86 850 573.57 949; 594.47 1,363, 297.31 1,170, 665.14 1,184 422.40 4, 589,152. 40 3, 364,285.30 1, 954,711. 32 2 1 797. 96 2, 672, 162.45 2,156, 057. 29 3,142: 750. 51 2, 6O3:562.17 2, 388,434. 51 1, 378,931. 33 839, 041.12 2,032, 008.99 2,400, 788.11 1,811 097. 56 1.744 883. 63 1,227, 496.48 1, 328,867. 64 i,r~~ 886. 02 2,293; 377.22 2,401 858.78 1,756, 306.20 1,232, 665. 00 1,477, 612.33 1, 296,229. 65 I, 310,380. 58 1,219, 768,30 1,222, 222.71 1,100, 802. 32 1,034, 599. 73 852, 170, 4' 1,078, 513. 36 4, 985,473.90 Miscellaneous. $1, 083, 971.61 4, 672, 664. 38 511 451. 01 • 750; 350.74 1, 378, 920. 66 801, 847. 58 259, 422. 62 139, 524. 94 039, 39L68 337, 613.22 114, 768.45 462; 929. 40 842, 635.76 191, 009. 43 598. 75 137. 01 897.51 285. 61 803.79 144. 98 291.40 088.-21 435. 61 029. 70 870.47 741.17 936.76 839. 51 211.41 021. 94 121. 54 996. 24 093. 99 308. 81 544. 89 177.79 476. 58 052. 64 234. 65 416. 04 646.10 141.45 245. 93 728. 95 698. 53 279. 72 370. 27 664.76 990. 89 398. 96 881. 45 624. 61 71.3. 00 183. 86 760. 98 283. 89 608. 35 851.25 334. 24 733. 36 992.18 171.45 068. 01 1.44,68 425.43 038. 27 498.77 016. 42 544.40 978.30 287. 69 862. 59 382. 37 216. 87 * r o r t h e h a l f y e a r from EXPENDITURES, 1789-1892. CXXIII 1789, TO J U N E 30, .1891, BY CALENDAR YEARS TO 1843 AND BY FisCiSL YEARS (ENDED THAT T I M E . Yeai 1791 17'92 1793 1794 1795 1796 1797 1798 1799 1800 •1801 1802 1803 1804 1805 '1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 18.16 1817 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1829 1830 1831 1832 1833 1834 1835 1836 1837 1838 1839 1840 1841 1842 1843^ 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 1860 1861 1862 18631864 . N e t ordinary expenditures. Premiums. $1,919, 589. 52 5,896, 258.47 1,749, 070.73 3, 545, 299.00 4; 362; 541.72 2, 551, 303.15 2, 836, 110. 52 4,651, 710.42 6,480, 166.72 7, 411, 369.97 4,981, 669.90 3,737, 079.91 ' 4,002, 824. 24 4,452, 858.91 6, 357, 234.62 . 6, 080, 209. 36 "4,984, 572. 89 6, 504, 338. 85 7,414, 672.14 5,311, 082. 28 5, 592, 604. 86 17,829, 498.70 28, 082, 396.92 30,127, 686. 38 26,953, 571.00 c23, 373, 432. 58 15,454, 609. 92 13; 808, 673.78 16, 300, 273.44 13.134, 530. 57 10,723, 479.071 9,827; 643.51 .9,784, 154. 59| 15,330, 144.71 11,490, 450.901 13,062, 316,27 12,653, 095.65 13,296, 041.45 12, 641, 210.40 13,229, 533.33 . 13,864 067.90 16, 516, 388.77 22, 713, 755.11 18,425, 417.25 17,514, 950.28] 30,868, 164.04 37,243, 214.24| 33,849, 718.08 26,496, 948.73 24,139, 920.11 26,196, 840.29 24,361, 336. 59 I t , 256, 508.60 20, 650, 108.01 21,895, 369. 61 $18,231.43 26, 418, 459. 59 53,801, 569. 37 45,227, 454. 77| 39,933, 542. 61 82,865. 81 37,165, 990.09| 44,054, 717. 66 69,713.19 40, 389, 954. 56 170, 063. 42] 420,498.741 44, 078, 156. 35 51,967, 528.42 2, 877,818. 69 872,047. 39 56, 316, 197.72| 385, 372.90 66, 772, 527. 64 363,572.39 66,041, 143.70| 574,443.08 72, 330, 437.1' 66,355, 950.07| 60, 056, 754.71 62, 616, 055. 78| 456, 379, 896.811 694,004, 575.56 811,283, 676,141 January 1 to June 30,1843, Interest, $1,177, 863. 03 "2,373, 611. 28 2, 097,859.17 2,752, 523. 04 2, 947,059.06 3, 239,347. 68 3,172, 516.73 • 2,955,875. 90 2, 815,651.41 3, 402,601. 04 4, 411,830.06 4, 239,172.16 3, 949,462.36 4,185, 048.74 2, 657,114.22 3,368, 968. 26 3,369, 578.48 2, 557,074.23 2, 866,074. 90 3,163, 671.09 2, 585,435. 57 2, 451,272:57 3, 599,455.22 4; 593,239.04 5, 990,090.24 7, 822,923,34 4, 536,282.55 6, 209,954.03 5, 211,730. 56 5,151, 004. 32 5,126, 073.79 5,1.72,788.79 4, 922,475.40 4,943, 557,93 4, 366,757,40 3, 975,542.95 3,486, 071.51 3, 098,800.60 2, 542,843,23 1, 912,574.93| 1, 373,748.74 772, 561. 50] 303, 796.87 202, 152.98 57, 863.08 Public debt. 984 23 693, 050.25 2, 633, 048. 07 2, 743, 771.13| 2,841, 639. 37 2,577, 126.01 2, 617, 250.12| 976, 032.09 1, 706, 578. 84| 1,138, 563.11 2,879, 876.981 5, 294, 235.24 3,306, 697.07 3, 977, 206.07 4, 563, 960. 63 572, 018. 64 2, 938. 141, 62 7,701; 288.96 3,586, 479.26 4,835, 241.12 5,414 564 43 i 1,998, 349. 88 7,508, 668. 22 3,307, 304.90| 6, 638, 832.11 17,048, 139. 59| 20, 886, 753. 57 15, 086, 247.59I 2, 492, 195.73j 3,477, 489.96 3, 241, 019.83 2, 676, 160. 33 607, 541.01 11, 624, 835.831 7, 728, 587. 38 7,065, 539.24 6, 517, 596.88 9,064, 637.47 9,860, 304.77 9,443, 173. 29 14, 800, 629.48 17,067, 747.79| I, 239, 746. 51 5,974, 412.21| 328. 20 21, 822.91 14, 996.48| 5, 590, 723. 79 399, 833. 10, 718, 153. 53 174, 598.08| 3, 912, 015.62 284, 977.55 5, 315, 712.19 773, 549.85| 7,801, 990. 09 523, 583,91 338, 012. 64| 1,833, 452.13| 11,158, 450.71 7,536, 349.49| 1, 040, 458.18 371, 100.04 .842, 723.27 5,600, 067.65 1,119, 214,72 765,88 922.54 13,036, 2,390, 12,804, 478,54 3, 565, 535,78 393,03 335.14 3,656, 3,782, 654, 912.71 3, 696, 760.75 2,152, 293.05 4, 000, 297,80 6,412, 574.01 3, 665, 832,74 17, 556, 896. 95 3, 070, 926.69 6,662, 065. 86 2, 314, 464.99 3,614; 618. 66 1, 953, 822,37 3,276, 606.05 1, 593, 265.231 7,505, 250.82 1,652, 055.67 14,685, 043,15 2, 637, 649.70 13, 854, 250,00 3,144, 120,94 4,034, 157.30 18,737, 100. 00 13,190, 344,84 96, 097, 322.09 24,729, 700. 62| 181,081, 635.07 53, 685, 412. 430,572, 014.03 Gross expe.aditures. Balance Treasury the end the year. in at of / $3 797, 436.78 $973, 905. 75 783, 444.51 8 962, 920. 00 753, 661. 69 6 479, 977. 97 041, 593.17 1,151 924.17 9 516; 442. 61 10 151, 240.15 888, 905.42 8 367, 776. 84 8 625, 877. 37 1,021, 899. 04 617, 451. 43 8 583, 618.41 11 002, 396.97 2,161 867.77 11 952, 534.12 2, 623, 311. 99 12 273, 376.94| 3, 295, 391. 00 13 270, 487. 31 5,020, 697. 64 11 258, 983.67| 4, 825, 811. 60 12 615, 113.72 4, 037, 005. 26 13, 598, 309.47 3,999, 388. 99 1,5 021, 196. 26 4, 538, 123.80 11, 292, 292.99 9, 643, 850.07 16 762, 702.04 . 9,941 809.96 13 867, 226.30 . 3, 848, 056.78 13, 309, 994.49 2, 672, 276. 57 13 592, 604 86 3, 502, 305 80 22 279, 121.15 3,862, 217 41 39 190, 520. 36 5,196, 542. 00 38 028, 230.32 1,727, 848.63 39 582, 493.351 13,106, 592 88 48, 244, 495.51 22,033 519.19 40 877, 646. 04| 14, 989i 465.48 35 104, 875.40| 1,478, 526. 74 24 004, 199. 73i 2,079, 992.38 21,763, 024.85 1,198 461. 21 .19, 090, 572. 69| l,68i: 592. 24 • 17 676, .592. 63 4, 237, 427. 55 15 314 171. OOj 9, 463, 922.81 1,946, 597.13 31 808, 538.47 23, 585, 804.72| 5, 201: 650. 43 6, 358: 686.18 24, 103, 398.46 6, 668: 286.10 22, 656, 764.04 5,972, 435.81 25,459, 479.52 5,755, 704.79 25 044, 358.40 24, 585, 281. 55 6, 014, 539. 75 30, 038, 446.12 4,502, 914.45 34, 356, 698.06 2,011 777 55 24 257, 298.49 11, 702, 905. 31 24, 601, 982.44 8,892, 858.42 17, 573, 141, 56 26,749, 803.96 30 868, 164.04 46, 708, 436. 00 37, 265, 037.15 37, 327, 252. 69 39 455, 438'. 35 36, 891, 196.94 37, 614. 936.15 33,157, 503. 68. 28, 226, 533.81 29, 963, 163.46 31,797, 530.03 28, 685, 111. 08 32,936, 876. 53 30, 521, 979.44 , 12, 118, 105.15 39,186, 284 74 33, 642, 010. 85 36,742, 829. 62 30, 490, 408.71 36,194 274. 81 27, 632, 282. 90 38,261, 959. 65 60 520, 851.74 33,079, 276.43 60 655, 143.19 29,416, 612.45 56, 386, 422. 74 32,827, 082.69 44, 604, 718. 26 35,871, 753.31 48 476, 104. 31 40,1.58, 353.25 46 712, 608. 83 43, 338, 860.02 54 577, 061.74| 50,261, 901.09 75,473, 170.75 48, 591: 073.41 66 164, 775. 96| 47,777, 672.18 72, 726, 341.57 49,108, 229.80 71 274, 587.37 46,802, 855.00 82 062, 186.741 35,113, 334.22 83, 678, 642.92 33,193, 248.60 77, 055, 125. 65 32, 979, 530.78 85, 387, 313.08| 30,963, 857.83 565, 667, 563.74 46,965, 304.87 899 815, 911.251 36, 523, 046.13 295, 541, 114.86 134,433, 738.44 CXXIV REPORT OF THE SECRETARY OF THE TREASURY. ^ T A B L E O.—STATEMENT OF THE Year. 1865 1866 War. . • : Total Indians, Pensions, UNITED Miscellaneous. $1, 030,690,400. 06 $122, 617,434. 07 43,285,662. 00 283,154,676,06 $5,059,360.71 3, 295, 729.32 $16, 347, 621.34 15, 605,549.88 $42, 989,383.10 40,613,114.17 717, 551, 816.39 *77, 992.17 103, 369, 211. 42 *53, 286. 61 119, 607, 656.01 *9,737, 87 643, 604, 554, 33 *718, 769. 52 3,568, 638,312. 28 • *3,621, 780. 07 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876.. 1877 1878 1879 1880 ]881 1882 1883 1884 1885 1886. 1887 1888 1889 1890 1891 1892 Navy. E X P E N D I T U R E S OF THE • 3,572,260,092.35 - 95,224,415.63 123, 246, 648. 62 78, 501, 990. 61 57;655, 675.40 35, 799i 9.91. 82 35,372,157. 20 46,323,138.31 42, 313, 927. 22 41,120, 645. 98 . 38, 070, 888. 64 37, 082, 735.90 32,154 147. 85 ^ 40,425,660.73 38,116, 916. 22 -. 40, 466, 460. 55 43,570,49419 48,911, 382.93 39, 429, 603.36 42, 670, 578.47 34,324,152. 74 38, 561, 025.85 38, 522, 436.11 ^ 44,435,270.85 44, 582,838. 08 48,720,065.01 46,895, 456. 30 ... 717,629,808. 56 103,422, 498.03 119, 617,393. 88 644 323,323.85 31, 034, Oil. 04 51,110,223:72 20, 936, 551. 71 4, 642, 531.77 25, 775, 502. 72 53, 009,867. 67 23, 782, 386.78 4,100, 682. 32 56,474,d6L53 28,476,621.78 20, 000, 757.97 7,042, 923: 06 53, 237, 461. 56 21, 780, 229. 87 3,407,938.15 •28,340,202.17 60,481,916.23 34,443, 894.88 19,431, 027. 21 7,426, 997.44 60, 984, 757.42 21, 249, 809: 99 •7,061,728.82 28, 533,402. 76 73,328,110.06 23, 526, 256. 79 29, 359,426.86 7, 951,704.88 85,141,593.61 30, 932,587.42 6, 692, 462". 09 29, 038,414.66 21,497,626.27 29,456,216.22 8, 384 656. 82 71, 070,702. 98 18, 963, 309.82 28; 257, 395. 69 -•5,966,558.17 73, 599, 661.04 1 4 959,935.36 27, 963, 752.27 58, 926,532.53 5, 277, 007. 22 27,137,019.08 17,365, 301.37 58,177,703.57 4, 629, 280. 28 35; 121,482.39 15,125,126. 84 65, 741,555. 49 5,206,109. 08 56,777,174.44 13,536,^984.74 54713,529.76 5,945,457.09 50,059, 279. 62 15, 686, 671. 66 64, 416, 324. 71 6, 514,161.09 61, 345,193.95 57,219,750.98 9,736, 747.40 15, 032, 046. 26 66,012, 573. 64 ' 68, 678, 022. 21 15,283,437:17 7, 362,590. 34 55,429, 228. 06 17, 292, 601.44 6,475, 999.29 70, 920, 433.70 56,102, 267.49 6, 552, 494. 63 16, 021,079. 67 87,494 258.38 63,404, 864. 03 6,099,158.17 13, 907, 887, 74 7 4 166,929.85 75, 029,101. 79 •15,141,126, 80 , 6,194, 522. 69 85, 264, 825. 59 80. 288, 508. 77 16,926, 437.65 6, 249, 307.87 72, 9.52, 260.80 87, 624, 779.11 6, 892, 207. 78 21, 378, 809.31 80,664,004.26 6, 708, 046. 67 106,936,855:07 22, 006, 206. 24 81,403, 256.49 26,113, 896.46 8, 527, 469. 01 124,415, 951.40 110, 048,167.49 29,174,138.98 11,150,577.67 134, 583; 052: 79 .99, 841,: 988.61 4,824,758,796.92 1, 236, 772,615.35 275, 621,817,83 1,508,472,991,29 2,468,391,284.09 •Outstanding NOTE.—This statement is made from waiTants paid by the Treasurer up to June 30, 1866. The • •/• ^ EXPENDITURES, 1789-1892. CXXV STATES FROM MARCH 4, 1789, TO J U N E 30, 1892, ETC.—Continued. Year. N e t o r d i n a r y exPremiums, penditures. , 1865 $1,217, 704,199. 28 $1,717,900.11 1866 58,476,51 385, 954, 731.43 5,152, 771, 550. 43 7, 611, 003, 56 *4, 481, 566.24 Interest. Public debt. Gross expenditures. Balance in Treasury at t h e euQ of theyear. $77,395,090,30 $609,616,141.68 $1,906, 433,33L 37 $33, 933, 657.89 133,067,624,91 620, 263,249.10 1,139,344,081,95 165,301,654 76 502,689,519.27 2,374, 677,103.12 8,037,749,176.38 '2,888.48 *100. 31 *4,484, 565.03 *4,484, 555, 03 502,692,407,75 2, 374, 677, 203. 43 8,0.42.233,731; 41 143,781, 591.91 735, 536,980.11 1, 093, 079, 655. 27 140,424,045.71 692, 549, 685. 88 1,069, 889, 970.74 584.777.996.11 130, 694, 242. 80 '261,912,718.31 129, 235,498.00 393,254 282.13 • 702,907,842.88 125, 576, 565. 93 399,503, 670.65 691,680, 858.90 682, 525, 270.21 117, 357, 839.72 405, 007,307. 54 524, 044,597. 91 104750,688.44 233, 699, 352.58 724,698,933.99 107,119, 815. 21 422, 065,060,23 103, 093, 544. 57 407, 377,492.48 ~ 682,000,885.32 449, 345, 272.80 714,446,357, 39 100,243, 271.23 565,299, 898.91 97,124, 511.57 323, 965,424.05 353, 676, 944.90 590,641, 271. 70 102, 500, 874. 65 966,393, 692.69 105,327,949.00 699,445, 809.16 700, 233,238.19 95, 757, 575.11 • 432,590,280,41 425, 865, 222. 64 82, 508, 741.18 165,152, 335, 05 529, 627, 739.12 71,077,206.79 271, 646, 299, 55 855,491,967.50 59,160,131,25 590,083,829,96 504, 646,934.83 54,578, 378,48 260, 520, 690, 50 51, 386, 256. 47 211,760,353.43 -471,987,288.54 447,699,847.86 50,580,145.97 205, 216,709.36 539.833.501.12 47, 741, 577.25 271, 901, 321.15 517,685, 059, 18 44, 715, 007. 47 249, 760, 258. 05 618, 211,390,60 41, 001,484. 29 318,922,412.35 630,247,078,16 36, 099, 284. 05 ^ 312,206,367.50 731,126,376,22 365, 352,470.87 37, 547,135. 37 684,019,289.56 23,378,116.23 338,995,958,98 160,817,099.73 198, 076, 537. 09 158, 936, 082. 87 183, 781, 985.76 177, 6O4 116. 51 138, 019,122.15 134, 666, 001. 85 159,293,-673,41 178,833,339.54 172,804,061.32 149,909,377.21 214,887,645.88 286,591, 453. 88 386, 832, 588. 65 231,940, 064.44 280,607,668.37 275,450,903.53 374,189,081. 98 424, 941, 403.07 521,794, 026. 26 526,848, 755.46 512, 851,434.-36 659,449. 099. 94 673,399,118.18. 691,527,403.76 726, 222, 332. 60 778, 604,339.-28 • 1867 1 1868 1 1869 1870 1871 1872 1873 1874 1875 -1876 1877 1878 1879 1880 18811882" 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 5,157,253,116,67 7, 611,003. 56 202,947,733. 87 10,813, 349.38 229,915, 088.11 7,001,151.04 190,496, 354,95 1, 674, 680. 05 164,421, 507.15 15,996. 555. 60 . .157,583,827.58 9,016; 794 84 153, 201, 856.19 6, 958, 266.76 180,488, 636.90 5,105, 919.99 194,118, 985.00 1, 395, 073,55 171, 529,848. 27 164 857,813.36 144,209,963.28 134,463,452.15 '161, 619, 934. 53 169, 090, 062. 25 2,795,326.42 177,142,897. 63 1, 061, 248.78 186,904,232.78 206,248,006. 29 189,547, 865. 85 208,840,678. 64 191,902, 992. 53 220,190, 602.72 214,938, 951.20 8, 270,842,46 240, 995,131.31 17, 292,362, 65 261, 637,202.55 20,304, 224.06 317,825,549.37 io, 401,220,61 321,645,214.35 ' 10,314,017,505,48 125,698,013,65 2, 705,453, 886.41 12,146,126,491,41 25,291,295,896.95 warrants. outstanding warrants are then added, and the statement is by -warrants issued from that date. CXXVI REPORT OF THE SECRETARY OF THE TREASURY. T A B L E P.—STATEMENT OF THE R E C E I P T S AND DISBURSEMENTS B Y U N I T E D STATES ASSISTANT TREASURERS DURING T H E F I S C A L YEAR ENDED J U N E 30, 1892. - BALTIMORE. Balance June 30, 1891.. On account of OH account of On account of On account of On account of On account of On account of On acconnt of On acconnt of On account of On account of On account pf On account of On account of i..... customs .-,.:..; internal revenue • : gold certiiicates, series 1888 certificates of deposit, act of J a n e 8; 1872 PostrOffice Department transfers , patent fees.._ disbursing officers semiannual duty ..-. the Secretary of the Treasnry TJnited States Treasurer's transfer acconnt repayments redemption and oxcbange...:.. miscellaneous .' :. : :. •. .-.-..v. $12,404,567,34 $3,126,343.19 932. 95 600, 000.00 7,870,000. 00 437, 595.86 8,130, 094. 71 60.00 3, 208, 578. 72 12, 269.36 389.13 1,167,.541.49; "^ 60,345. 29 9,726,2-25. 00 3,945.63. 34,344 32L 33 46, 748, 888, 67 DISBUESEMENTS, On accountof On account of On account of On account of On account of On^account of On acconnt of On account of On acconnt of On account of On account of - . - ^^ - - Treasury drafts Post-Oftice drafts •.....,. ,... disbursing officers 'United States Treasurer's transfer acconnt interest • redemption and exchange ..,. .^ goktcertificates, series 1888 : transfers..... :.. ., Secretary of the Treasnry . certificates of deposit,. act of June 8,1872 miscellaneous '" Balance June 30, 1892 4,070,963.23 , . . . . . . - . - -446,060.09 .-. - 3, 379, 600. 78 -.-...- • 2,160,512. 06 -... 395,184.41 •... 9,732, 825. 00 " 540, 000.00^ 5,634,114.30 & 275:18 .' 6,410,000.00 .-...% 65.25 • 32,769,600.30 ..".................. '.. 13, 979,.288.37 BOSTON, MASS. Balance June 30,1891 J $12,451,546.45 RECEIPTS. On account of customs ." , On account of certificates of deposit, act of June 8,1872 On account of Post-Office Department On account of transfers • Treasurer's Standard dollars '. On account of patent fees : On account of disbursing officers On account of semiannnaJ duty ^ On account of the Secretary o^ the Treasury On account of redemption and exchauge... On acconnt of miscellaneous :. .• $16,216, 293. 29 2,770, 000.00 3,030,442.16 24,457,274. 81 2,547,500.00 6,840.40 35,150,359.44 116,050.77 48,769.47 9,512,144.00 1,966,717.62 95,822,391.96 108,273,938.41 DISBURSEMENTS. On account On account On account On account On account On account On account On account On account On account On account of Treasury drafts 19, 250,486.84 of Post-Office drafts. -. 3,117, 077.69 of disbursing officers ^ 37,521,863,23 of interest '. ^ -.. 2,067,123.81 of redemption and exchange 7,152,940. 00 of Secretary of Treasury 71,655.35 of transfers 24,706,126.20 • of United States notes mutilated 907,350.00 of certificates of deposit, act of June 8, 1872 2,950, 000.00 of fractional currency (silver and mii^or coins) redeemed .. 1, 398, 049. 00 of miscellaneous 3,114,07 ' —•• •' 99,145,786.19 Balance J u n e 30, 1892.. 9,128,152.22 RECEIPTS AND DISBURSEMENTS BY ASSISTANT TREASURERS. CXXVII TABLE -P.—RECEIPTS AND DISBURSEMENTS, ETC—^Coiitinuecl.CHICAGO, ILL. Balance June 30, 1891 .$17,892,255.42 RECEIPTS. , , On account of customs ;. ^ . . . : . .^ $7, 917, 573.30 On account of internal revenue ; 961, 613. 65 • On account of sales of pnblic lands . : . . ^ . . . : ...;:..::....•..... 2,147. 74 On account of gold certificates... - .....".;.... . -..•. -3,845,000. 00 . * On account of certificates of deposit, act of June <S, 1872 2, 040, 000.00 On account of Post-Office Departiuen t . . . - . : : . . - . - : : . . - . . - . . . . . . . - . . . . - . . . - 7,128, 008. 09 On acconnt of transfers: ' • - . , Treasurer's ^•. ....:...::...... 32, 583,227.80 Standard dollars 4,657,160 00 On account of iDatent fees* 3,298.00 On account of disbursing officers .;..•..:.-..:-.;...-......•... 18,253,501.92 On account of semiannual duty .* . . . : . ; : ^.;.: 20,318.05 ' On acconnt of the Secretary of the Treasnry. ...-..•......:•.-...:..•... • 14,993.19 o On account of repayments ..-..: : 556, 024.67 On account of redemption and exchange.' 7, 469, 584. 00 On accouint of miscellaneons 127,486.50 85,579,937.51 103, 472,192.93 "DISBURSEMENTS." On account of Treasury drafts .........•;............ On account of Post-Office drafts ....,........:..;'.:......; On account of disbursing officers . . . On account of gold certificates. - . . . .....:.:. On account of the Secretary of the Treas ury :.-.•....•.:-..:...; On account of interest : ;.:... .•;:.---.........•........ On account of redemption and exchange : . . : . . . . . . r . . . . ; : On account of gold certificates, series 1888.... ..........: On account of silver certificates ..........:.-.•.....:.-;.-..'.-..-;.. On account of transfers ..;.........:.-:;..-:.;-..On account bf United States notes mutilated On- account of certificates of deposit, act of June 8, 1872 19, 111, 837.05 7,175, 579.82 19, 340, 326.90 4,938,000.00 9,631.06 444,106. 83 7,475,369.00 770,000.00 4,562,000. 00 21,357^ 188.80 3,719,000.00 1,160,000.00 90,063, 039.48 Balance June 30, 1892 13,409,153.47 CINCINNATI, OHIO. Balance June 30, 1891 , - $14 059,558.57 On account of (customs $2,108,121.87 On account of internal revenue 645, 628. 35 On account of certificates of deposit, act of June 8, 1872 910, 000.00 On account of Post-Office Department . . . . . . . . . = . - - - 2,218,980.15 On account of transfers: • Treasurer's........... . . . . . - : . . . . . . . . . . . - . - - •16,-302,-309.88 Standard dollars 1,927,015.00 , On account of patent fees =r .......... 331. 00 On account of disbursing officers 2,270, 623.75 On account of semiannual duty .-........... 19, 621.85 On account of the Secretary oi the -Treasury : 4,069,92 - On account of repayments 6,014.35 Onaccountof redemption and e x c h a n g e . . . . . . . . . 3,394,557.95 On account of miscellaneous ........ .-.......".......... 250,409.44 30, 057, 683. 51 44,117, 242. 08 DISBURSEMENTS.- On account of Treasurv drafts 3,351, 645.26 On account of Post-Office drafts. 2,221,146.40 On accoimt of disbursing officers ., 2,429,303,48 On account of interest 483,344.81 On account of redemption and exchange .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , 2,419,873.00 On account of gold certificaties .-..>..... .-...-..•.•...-..-.....-..-.. - • - -100,000.00 On account of silver certificates - . . . - . . . .L......-...-...-.-. 1,701,000.00 On account of transfers: ........-.-....':.•...-.-.-.-.-.-.-.-.- - ^ II, 026,701.20 On account of United States notes mutilated ..-.•.....-.--.-......-..-.........— -2,-005,000.00 On account of certificates of deposit, act of June 8, 187-2. 580,000.00 On account of fractional currency (silver and minor coins) redeemed.. 960,787.85 Gn account of miscellaneous... . . . . . . . . . . . . . . . . . ..-..•. .^-..:..-.-...-. 1,849,063.09 29,127, 865. 09 Balance June.30, 1892 .........;............... ......... 14,989,376.99 CXXVIII REPORT OF T H E SECRETARY OF T H E TREASURY. T A B L E P . — R E C E I P T S AND DISBURSEMENTS, ETC.—Continued. N E W ORLEANS. LA. Balance June 30, 1891 $18,535,448.87 RECEIPTS. On account On account On account On account On account On account On account On account On account On account On account On account On account On account of customs of internal revenue of sales of public lands of semiannual duty -. of Post-Office Department .• of transfers. Treasurer's general account pf patent fees of disbursing officers .-..: of assay office, bullion of the Secretary of the Treasury of transfer account of Treasurer of United States of repayments of redemption and exchange of miscellaneous .' :... $2,115,967.98 559, 251.92 61,926.93 5,717.65 1,121,282.21 26, 021,260.28 130.00 3,984,143.59 4,997.91 8,742.95 2, 529,344.42 96,411.17 3,206, 480.00 25,874. 81 . ' 39,741,531.82 58,276,980.69 DISBURSEMENTS. On account Ou account On account On account On account On account On account On account On account On account On account On accouiit On account of Secretary of the Treasury of Treasury drafts of Post-Office drafts 1 of disbursing officers of interest of redemption and exchange of gold certificates, mutilated and canceled of silver certificates, mutilated .1 of transfers of United States notes, mutilated of transfer account of Treasurer of United States of national-bank notes of Treasury notes, 1890, mutilated 8, 38 ^. 70 11,604,434,06 1,141, 868,11 4, 006,707,64 142,127.84 3,206,480.00 1,168, 300.00 1,328,000.00 8, 380,443. 70 1,071,000.00 3,207,080.91 890,000.00 , 74,000.00 '36, 228, 830.90 -. Balance June 30,1892 22,048,149.73 N E W YORK. . Balance June 30,1891 $138,072,290.63 RECEIPTS. On account of customs On account of internal revenue On account of gold certificates On account of certificates of deposit, act of June 8,1872: On account of semiannual duty On account of Post-Office Department On account of patent fees On account of transfers: Treasurer's Standard silver dollars On account of disbursing officers On account of assay office: Ordinary expenses Bullion On account of Secretary of the Treasury On account of interest r On account of redemption and exchange On account of miscellaneous.., 1 On account of United States bonds purchased On account of Pacific Railroad bonds purchased On account of special customs deposits... $125,120,006.90 57,422.42 31,155,000.00 42,770,000. 00 154,036.57 14,572,092.26 3,729.70 . . 254 542,146.55 ...:.. 3,653,900.00 298,190,943.16 '. .• . 184,442.83 ' 7,611,110. 67 27,848.' 90 17,786,651,67 286,032,733.99 7,300,709,34 7,181,370.44 l, 832, 995.77 161,552,850.13 ^ r 1,259,730,59L 30 1,397,802,881,93 DISBURSEMENTS. On account of Treasury drafts On account of interest On account of redemption and exchange. i On account of gold certificates On account of transfers On account of United States notes, mutilated On account of certificates of deposit, act of June 8,1872.., On account of Post-Office drafts On account of disbursing officers On account of assay office: Ordinary expenses BuUion,... i " .^ .' : 305,130,206.90 17,786, 651.67 285, 865,827:99 35,787,500,00 ' . . . 84,862,335.46 27, 697,002.00 41, 995,000.00 14, 766,942.63 218,132,877.43 :. 172,133,29 25,985,738.83 . RECEIPTS AND DISBURSEMENTS BY ASSISTANT TREASURERS. CXXIX TABLE P . — R E C E I P T S AND DISBURSEMENTS, ETC.—Continued. . NEW YORK—Coutinued. DISBURSEMENTS—continued. On Otf On On On On On account account account account account account account of United States bonds purchased of Pacific Railroad bonds purchased of special custom^ deposits of Treasury notes of 1890 of silver certificates of national-bank notes of fractional-currency .- Balance J u n e 30, 1892. $7,181, 370.44 1, 832, 995.77 161, 287,481. 83 4, 461, 000.00 43, 899,018.00 ' 2,-743, 990. 00 832.00 • —$1,279,579,904.24 .'. 118,222,977.69 P H I L A D E L P H I A , PA, Balance June 30, 1891 .". $19,575,115.76 RECEIPTS. On account of customs $9,345,387.41 On account of transfer account. Treasurer of United States 4,383,424.39 On account of special deposit account of the Secretary of the Treasury, 5,172.67 United States. On account of certificates, act of June 8, 1872 - 13; 910, OOO. 00 On account of Post-Office Department 3,350,799.18 On account of transfers of funds 39,155, 204.05 On acconnt of patent fees. :." 1,594.45 On account of disbursing officers 20,998,293.50 On account of redemption and exchange 27,206,820.00 On account of semiannual duty 49,910.50 On account of interest, gold certificates, series 1888 5, 805,000.00 On accountof suspense account ...' 3,142.36 On account of miscellaneous. 1,541,882,92 —•—^— 125,756,631.43 145, 331, 747.19 DISBURSEMENTS. On accountof Treasury drafts On account of Post-Office drafts On account of disbursing accounts...... On account of redemption and exchange On account of special deposit account of the Secretary of the Treas ury, United States. • On account of interest coupons and interest checks On account of transfer account. Treasurer of United States Onaccountof transfers of funds.. ^ On accouutof miscellaneous On account of certificates pf deposit, act of June 8,1872 On account of gold certificates, seiies 1888 Onaccountof suspense account' 19,593,935.38 . 3,578,668.15 21,268,941.06 27,133,558.00 4,440.00 1,241,534.90 7,657,689.60 25,022,215.85. 2,009.69 ' 9, 090,000.00 6,260,000.00 3,208:98 _ 120,856,201.61 Balance June 30, 1892 24,475,545.58 ST. LOUIS, MO. Balance June 30,1891 $22,089,452.60 RECEIPTS, On account of customs On account of internal revenue On account of sales of public lands On account of Post-Office Department On account of transfers: Treasurer's . Standard dollars On account of patent fees On account of disbursing officers On account of assay office: Ordinary expenses Bullion On account of semiannual duty On account of the Secretary of the Treasuj y On account of repayments On account of redemption and exchange On account of miscellaneous • $1,969,507.06 7,669.22 110, 009. 22 2,232,347,71 : .* c 39,949,937.27 3,222,010.00 1,944. 20 22, 665,208.20 5,888.38 700,000.00 9, 533.25 9, 216.79 204,709.23 6,923, 772.89 56,527. 55 / " 78,068,280.97 100,157,733.57 ^192-^^—IX CXXX REPORT OF THE SECRETARY OF THE TREASURY. TABLE P . — R E C E I P T S AND DISBURSEMENTS, ETC.—Continued. • ST. LOUIS, MO.-Coutiuued. ' DISBURSEMENTS. On account of Treasury drafts J On account of Post-Office drafts On account of disbursing officers On account of assay office: Ordinary expenses Bullion : On account of interest On account of redemption and exchange Onaccountof gold certificates. :... On account of silver certificates '. On account of transfers. On account of United States notes, mutilatod On account of certificates of deposit, act of June 8, 1S72 On account of the Secretary of the Tr easu i y On account of miscellaneous :". Balance June 30, 1892 $21, 661,033.18 2,420,709.02 23,375,769.48^ - 5.448.76 687,262.85 264,424.46 6,899,212.89 203,000.00 586,000.00 ^ 19.275,938.97 816,000.00 160,000.00 8,125.78 1,094.85 ~ '. 76,364020.24 ' 23,793, 713. 33 ^ SAN ERANCISCO, CAL. Balance June 30, I89I $72,370,812.65 RECEIPTS. On account of customs . . On account of internal revenue On account of sales of public lands On accoirat of gold certificates, 1888 On accouiit of Post-Office Department On account of transfers: Treasurer's: : Standard dollarsOn account of patent fees •..' On account of disbursing oflicers On account of Secretary of the Treasury On account of semiannual duty On account of fractional silver coin On account of Treasurer's transfer accounts Onaccountof iniscellaneous...* ' .^. ;. , :-...: ... r '..:.... 16, 714,283.72 ^274,500. 00 13,903.10 12,672,104.44 122,548.37 4,445.24 1,853.008.00 2,588,647.82 716,114.03 • — — . Treasury drafts Post-Office drafts disbursing officers fractional silver coiu interest Secretary of the Treasury gold certificates of 1888.^ silver dollars transfers : national-bank notes : Treasurer's transfer aceount Balance June 30,1892 ^ 53,492,%7.10 125,863,569.75 DISBURSEMENTS. On account of On account of On accountof On account of On account of On acceunt of On account of On account of On account bf On account of On account of \ $9,1.48,373.89 405,964.74 • 590,242. 28 7,150,000.00 1, 238,621.47 - .« , '~~~ 13,570,723.43 1, 384,479. 37 12,975.632.84 ' 1,873, 083.00 128,642.56 124,468.27 6,620,000.00 274,200.00 1,817,526.10 115,000.00 ' 12, 719. 651.61 51,603,407.18 74,260,162.57 TABLE^ Q . — S T A T E M E N T S H O W I N G T H E P R E S E N T L I A B I L I T I E S O F T H E U N I T E D S T A T E S TO I N D I A N T R I B E S , -2-2'S 0) g Description of annuities, etc. JJTames of treaties. Number of installments yet unappropriated, explanations, etc. Reference to laws,Statutes at Large. ETC. M <C O c ^1 ' ^.S P3 * 2 ^' S p • Ste ox , « O) ra - , P ' 2 ce 02 If © _ 'p.,^1 M c S I—I 0 Apaches, Kiowas, and Co7nanchos. Do.. Do. Do C h e y e n n e s aud Arapahoes. Do-!"!!!!"! Dp. Chickasaws,:.. Chippewas, Pillager, and L a k e Winnebagoshish • bands. Choctaws Thirty installments, provided to be expended under tbe tenth article treaty of October 21, 1867. Purchase of clothing F i v e iristaUriients, unappropriated, at $30,000 each. YoL15,p.584§10 Tenth article treaty of October 21, 1867. Fourteenth article treaty of October 21, 1867, ...do Pay of carpenter, farmer, blacksmith, miller, and engineer. Pay of physician andteacher , Thirty installments, provided to be expended F i v e installments, unappropriated, at $20,000 each. under tenth article treaty of October 28,1867. Pui'chase of clothing, same a r t i c l e , . . . . . . . . . . . Pay of. physician, carpenter, farmer, black. smith, miller, engineer, and-teacher. Interest on $1,000,000 at 5 per cent per annum. Agreement approved Mar, 3,1891, 26 ^tats., 1025. Permanent annuity in goods Forty installments; in money, $10,666,66; Two installments, of $22,666.66 each, due. oods, $8,000; and for purposes of utility, 4,000, o . . f Permanent annuities Second article treaty of November 16, 1805, $3,000; thirteenth article treaty of October 18,1820, $600; second article treatv of January 20, 1825, $6,000, Sixth article treatjr of October 18, 1820; ninth article treaty of January 20, 1825. Do: Provisions for smiths, etc. Do. Interest on $390, 257,92, articles 10'and 13, treaty of January 22, 1855, Permanent annuities i , Treaty of Augu.st 7, 1790. .....do Treatv of June 16,1802... Creeks..%. Do.... H 09 '^ $150, 000. 00 m H3- $11, 000.00 u . o f^ «3 « <c Yol.l5,p.585,"^14 4, 500. 00 ...do Vol.l5,p.596,§10 2, 500.00 O I—( 12,OOO. 00 ...do ........ Yol. 15, p. 597, §13 6.500.00 $50, COO. 00 $1, 000, 000. 00 Vol. 1, p. 619 Vol. 10, p. 1168, § 3; voL13,p.694, §3.. Yol. 7, p. 99, § 2; vol. 11, p. 614, § 13; vbl.7,p.213, § 13; vol. 7, p. 235, § 2. Yol. 7, p. 212, &6; vol.7,p.236,§9; vol.7,p.614,§13. Yol. 11, p. 614, §13 Yol.\, p. 36, § 4 Yol. 7, p. 69, § 2 3, 000. 00 U2 920. 00 19,512. 89 1,500. 00 3', 000. 00 390, 257. 92 a X X. X o Crcelcs Do Do ' -Do Do Do Tin Do Do Vol. 7, p . 287, § 8 . T r e a t y of J a n u a r y 24, 1826 T r e a t y of J a n u a r y 24, 1826, a n d VoL 7, p . 287, § 8 ; A u g u s t 7, 1856. vol.ll,p.700,§5. T r e a t y of F e b r u a r y 14, 1833, a n d VoL 7 , p . 419, § 5 ; voLll.p,700,§5, t r e a t y of A u g u s t 7, 1856. Wheelwright, permaneiit Allowance, d u r i n g t h e pleasure of.the President, for b l a c k s m i t h s , a s s i s t a n t s , s h o p s , a n d tools, i r o n a n d steel, w a g o n - m a k e r , education, a n d a s s i s t a n t s i n a g r i c u l t u r a l operations, etc. I n t e r e s t o n $200,000held i n t r u s t , s i x t h a r t i c l e t r e a t y A u g u s t 7, 1856. I n t e r e s t on $275,168 h e l d in t r u s t , t h i r d a r t i c l e t r e a t y J u n e l 4 , 1886, t o b e e x p e n d e d u n d e r t h e d i r e c t i o n of t h e S e c r e t a r y of t h e I n t e r i o r . I n t e r e s t on $2,000,000 a t 5 p e r c e n t p e r a n n u m . F o r supplying male persons over fourteen y e a r s of age w i t h a s u i t of good s u b s t a n t i a l woolen c l o t h i n g ; females over t w e l v e y e a r s of a g e 4» flannel s k i r t or.goods t o m a k e t h e same, a p a i r of woolen hose, calico, a n d do. mestic; and boys a n d girls u n d e r t h e ages n a m e d s u c h flannel a n d c o t t o n goods a s their necessities m a y require. F o r p a y of p h y s i c i a n ; c a r p e n t e r , miller, engineer, farmer, a n d b l a c k s m i t h . B l a c k s m i t h , iron a n d steel, a n d for seeds a n d agricultural implements. T w e n t y - f i v e i n s t a l l m e n t s of $30,000 each, i n c a s h o r o t h e r w i s e , u n d e r t h e d i r e c t i o n of t h e President. I n t e r e s t on $57,500, b e i n g t h e b a l a n c e on $157,500. .05 © . .li i| 11 • .11 p ce Amount held in trust by the Uuited States on wh'ich 5 per cent is annnally paid, and amount.s which, invested at 5 per cent, produce pernianeut annuities. Aggregate of future appropriations that vrill be required during a limited nnmber of years to pay limited annuities incidentally necessary to effect the payment. D e s c r i p t i o n of a n n u i t i e s , e t c . N a m e s of t r e a t i e s . Reference t o N u m b e r of i n s t a l l m e n t s y e t u n a p - l a w s , S t a t u t e s a t propriated, explanations, etc. Large. Annual amount necessary to meet stipulations indefinite as to time now allowed, but liable to be discontinued. T A B L E Q . — S T A T E M E N T SHOWING T H E P R E S E N T L I A B I L I T I E S O F T H E U N I T E D STATES TO INDIAN T R I B E S , ETC.—Continned. <1 00 $1,110. 600. 00 o O W . $22,200.00 '12.000.00 Ul b $840. 00 270.00 600. 00 1, 000. 00 2,000.00. T r e a t y of A u g u s t 7, 1856 VoL 11, p . 700, § 6 . 10, 000. 00 E x p e n d e d u n d e r t h e direction of t h e S e c r e t a r y of t h e I n t e r i o r Vol. 1 4 p . 786, § 3 . 13,758. 40 200,000.00 275,168.00 A c t M a r c h 1,1889 T r e a t y of M a y 7,1868; s i x i n s t a l l m e n t s , of $15,000 each, d u e , estimated, 25 S t a t s . , 789 . . . . Vol. 15, p . 651, § 9 . 100, 000. 00 2, 000, 000.00 $90, 000. 00 X X X ' o SI > • '^ 4 500. 00 Ul Estimated at Vol. 15, p . 651, § 8 . 1, 500.00 d F o u r t e e n i n s t a l l m e n t s of $30 000 each, d u e . A c t of A p r i l 11, 1882. T r e a t v of M a v 7 1868 '• "... . . . . d o Vol.l0,p.l071.§9. 420, 000. 00 2,875. 00 57, 500. 00 Do. F i r e a n n u a l i n s t a l l m e n t s of $3,600; five ann u a l i n s t a l l m e n t s of $3,000; five a n n u a l in- s t a U m e n t s of $2,400; five a n n u a i i n s t a l l m e n t s of $1,800; five a n n u a l i n s t a l l i n e n t s of $1,200, t o b e p a i d iier c a p i t a . T e n i n s t a l l m e n t s of a n n u i t y a t $150,000 each Indians at Blackfeet Agency. Indians at Fort T e n i n s t a l l m e n t s of a n n u i t y a t $115,000 each Belknap Agency. Indians at Fort T e n i n s t a l l m e n t s of a n n u i t y a t $165,000 e a c h . .Peck Agency. Indians at Fort T w e n t y i n s t a l l m e n t s of a n n u i t y of $6,000 . . . Hall Agency. Indians at Fort Berthold Agency Kansas Kickapoos — , Molels. , Nez Perc6s . Northern C h e yennes and Arap, ahoes. Do Osages. Otoes and Missourias. Pawnees Do. iJO. Do. Poncas . PottawatomiesDo Do Do Do.......... T h r e e i n s t a l l m e n t s of $3,600, d u e ; also t h e t w e n t y . i n s t a l l m e n t s m e n t i o n e d i n first c o l u m n . Vol.26,p.756,§7. 52, 800.00 Five installments due . A c t of M a y 1, 1888. ...do 750, 000. 00 .....do .do . E x p e n d e d u n d e r t h e d i r e c t i o n of t h e S e c r e t a r y of t h e I n t e r i o r ; , sixteen installments due. E i g h t iufttallmeuts of $80,^000, each, due. T e n installme;;its of $80,000 each, u n d e r direct i o n of t h e S e c r e t a r y of t h e I n t e r i u r . -' I n t e r e s t o n $135,000 a t 5 p e r c e n t I n t e r e s t on $73,648.86, a t 5 p e r c e n t :.. P a y of t e a c h e r t o m a n u a l - l a b o r school a n d T r e a t y of D e c e m b e r 21,1855 . .subsistence of p u p i l s , etc. S a l a r y of five m a t r o n s for schools, five assist- T r e a t y of J u n e 9,1863 a n t t e a c h e r s , f a r m e r , c a r p e n t e r , a n d five millers. T h i r t y i n s t a l l m e n t s for p u r c h a s e of c l o t h i n g , Six i n s t a l l m e n t s , of $12,000 each, as p e r s i x t h a r t i c l e of t r e a t y M a y 10,1868. due. P a y of t w o .teachers, t w o c a r p e n t e r s , t w o f a r m e r s , miller, b l a c k s m i t h , e n g i n e e r , a n d physician. I n t e r e s t on $69,120 a t 5 p e r .cent for educational purposes. T w e l v e - i n s t a l l m e n t s , l a s t series, in m o n e y or otherwise. . A n n u i t y goods a n d s u c l i a r t i c l e s a s m a y b e necessary. S u p p o r t of t w o m a n u a l - l a b o r schools a n d p a y - of t e a c h e r s . . F o r iron a n d s t e e l a n d p t h e r n e c e s s a r y a r t i c l e s for s h o p s , a n d p a y of t w o b l a c k s m i t h s , o n e of w h o m i s t o b e t i n a n d g u n s m i t h , a n d comp e n s a t i o n of t w o s t r i k e r s a n d a p p r e n t i c e s . F a r m i n g u t e n s i l s a n d s t o c k , p a y of f a r m e r , m i l l e r , ' a n d e n g i n e e r , aind c o m p e n s a t i o n of apprentices to assist in w o r k i n g in t h e mill and keeping in repair grist a n d saw mill. A m o u n t to be expended during the pleasure o f t h e P r e s i d e n t for p u r p o s e s qf c i v i l i z a t i o n . P e r m a n e n t a n n u i t y in money...' do .'i : do do Permanent annuities... , Estimated at. 575,000.00 825, 000. 00 -do. Agreement of F e b r u a r y 23, 1889. A c t of M a r c h 3, 1891. Vol. 9, p . 842, § 2 . Vol.l.0,p.l079,§2. Vol.12, p . 982, § 2- 96, 000.00 3, 000. 00 VoL14,p.650,§5. 6,000.00 !—( 640, 000. 00 6, 7.50, 00 3, 682.44 135, 000. 00 73, G-LS. 86 !—f m Vol.15, p . 657,.§6 O Vol.15, p . 658, §7. h-i 9, 000. 00 R e s o l u t i o n of t h e S e n a t e t o t r e a t y , VoL 7, p . 242, § 6 . J a n u a r y 2,1885. • • T w o i n s t a l l m e n t s , of $5,000 eachj^ V o l . l 0 , p . \ 0 3 9 , § 4 . due. T r e a t y of S e p t e m b e r 24,1857 Vol.11, p . 729, § 2 . •^ 3,.456. 00. 09,120. 00 30,000.00 pi 1—« .do. Vol.11, p . 729, § 3 . 10, 000. 00 E s t i m a t e d for iron a n d steel. $500.; t w o b l a c k s m i t h s , $1,200; a n d tvvo s t r i k e r s , $480. Vol.11, p , 729, § 4 . 2,180. 00 Estimated Vol;l2,p.730,§4. T r e a t y of M a r c h 12,18G8. Vol.12, p . 998. ( A u g u s t 3, 1795 S e p t e m b e r 30, 1809. O c t o b e r 2, 1818 S e p t e m b e r 20, 1828. J u l y 29, 1829 V o l . 7, p . 51, § ^ V o l . 7, p . 114, ^ V o l , 7, p . 185, § V o l . 7, p . 317, ^ Vol, 7, p . 330, § 2 . H. CQ 18, 000. 00 357. 80 178.90 894.50 715.60 5,724,77' '7,1'56. 00 3, 578. 00 17, 890.00 14, 312. 00 114,495.40 a X X X o X X X T A B L E Q . ^ S T A T E M E N T SHOWING THiE P R E S E N T LiABiLiTiEs O F THE U N I T E D STATES TO INDIAN T R I B E S , ETC.—Continued. ^."P'^'d ^2 P i'"ip Reference to Number of installments yet unap-^ laws, Statutes at propitiated, (Explanations, etc. Large. Description pf annuities, etc. Names of treaties. O P «8 g • ISP'S PS.*^-^ CK - ce <c , a «-*» ^ ' d <o p ^ fl © a^ ©.S'-' ee S >»p ® If ."S'- S '^ rs * . 2 p ® 43 w '^ o IO^'STJ©- •hrj OoO> og '^^^ P £ "Jtt 't-l ce 0^ a>" txcc o "<1 • Permanent provision for three blacksmiths and assistants, iron, and steel. DoDo. Do...-. Quapaws . Sacs and Foxes of Mississippi. Do ' Do Sacs and Foxes of tbe Mississippi. Sacs and Foxes of , Missouri. Do............. Seminoles Do.. . Do.Senecas. Do.: Senecas of N . Y . Do Do October 16, 1826; , September 20, 1828; July 29, 1829. . Permanent provision for furnishing salt Permanent provision for payment of money in lieu of tobacco, iron, and steel. For interiest on $230,064.20, at 5 per cent! For education, smith, farmer, and smith shop during the pleasure of t h e President, Permanent annuity Vol.7,p.296.§3; vol.7,p.318,§2; vol.7,p.321,§2. Only 29, 1829 Vol. 7, p. 320, § 2. September 29,1828; June 5 and 17, Vol. 7, p. 318, §2 1846. vol.9,p.855,§10. June 5 and 17, 1846 Vol.9,p.855, §7. $1,000 for education. $500 for Vol. 7, p. 425, §3. $1, 500.00 smith, etc. Treaty of November Z, 1804 VOL 7, p, 85, §v3.. Interest on $200,000, at 5 per cent Interest on $800,000, at 5 per cent '..l Interest on $300,000, at 5 per cent per annum. Treaty of October 21, 1837 ...... Treaty of October 21, 1842 Act February 13, 1891 Pottawatomies. Interest on $157,400, at 5 per cent Vol. 7, p. 541, §2. Vol. 7, p. 59(i. §2. 26 Stats., 758-... , Treaty of October 21, 1837 : Vol. 7, p. 543, §2. For, support of school , Interest on $500,000, eighth article of treaty of August 7, 1856. Interest on $70,000, at 5 per cent Interest oii $1,500,000; at 5 per cent per annum , Permanent annuity Treaty of March 6. 1861, $25,000 annual annuity... Vol.l2,p.ll72,§5. Vol. 11, p. 702, §8- Support of schools, etc... March 2, 1889... September 9 and 17, 1817 . Smith and smith shop and miller, permanent. Permanent annuities Interest on $75,000, at 5 per cent Interest on $43,050, tran.sferred from the Ontario Bank to the United; States Treasury. Pennanent auriuity February 28, 1821.... February 19, 1841.;.. Act of J u n e 27,1846 . .....do Vol. 14, p. 747, §3. 25 Stats., p. 1004. Vol. 7, p. 161, §4; vol.7, p. 179, §]4. Vol. 7, p. 349, §4. Vol. 4i p. 442 Vol. 9, p. 35, § 2 . . Vol. 9, p. 35, § 3 . . Treaty of September 17,1818. Vol.7, p . 179, § 4 . Senecas and Sbawnees Support of smitli and smith shops Do.. Shawiiees .., Permanent ann uity for education ; Treaty of July 20,1831 Vol. 7, p. 352, ^ 4 . August 3,1795; September 29,1.817. Vol. 7, p, 51, $. 4 .. 200. 00 1,060.00 $1,008. 99 $20,179.80 156. 54 107.34 3,120. 80 2,146. 80 11. 593.21 .230, 064. 20 1,000. 00 20,000, 00 10, 000. 00 '40, 000.00 15, 000. 00 200, 000.00 800, 000. 00 300, 000. 00 7, 870. 00 157,400. 00 25, OGO. 00 500,000.00 3, 50'). OO 75, 000: 00 1,000. 00 70, 000. 00 1, 500, 000. 00 20, 000. 00 1, 660.00 "6,000.00 3, 750. 00 2,152. 50 33,200.00 120,\p00. 00 75, 000. 00 43, 050. 00 1, 000. 00 20.000.00 3, 000.00 w w CQ o >< o Si p> Ul C Interest on $40,000, at 5 per cent Do Shoshones and Bannacks: . For the purchase of clothing for men, women, Shoshones and children,v^thirty installments. For pay of physicians, carpenter, teacher, enDo. gineer, farmer, and blacksmith, . Blacksmith, and for iron and steel for shops. Do...... I'or the purchase of clothingfor men, women, Bannacks. and children, thirty installments. Pay of physician, carpenter j miller, teacher, Do. engineer, farmer, and blacksmith. Six Nations of N.Y. Permauient annuities in clothing, etc Sioiix of different Purchase of clothing for men, women, and ^children, ' . tribes, including Santee Sioux of Nebraska. Blacksmith, and for iron and steel Dor..... For such articles as may be considered necesDo sary by the Secretary of the Interior for persons engaged in agriculture. Physician, five teachers, carpenter, miller, Do.. engineer, fariner, and blacksmith. Purchase of rations, etc., as per article 5, Do. agreement of September 26, 1876. Tabequache- band Pay of blacksmith -i - — of Utes. Tabequache, Mua- For iron and steel and necessary tools for che. Capote, Weeblacksmith shop. niinuche, Yampa, Grand River, and Uinta bands of Utes. Do , Two carpenters, two millers, two farmers, . one blacksmith, and two teachers, . Thirty installments of $30,000 each, to be exDo. pended under the direction of the Secretary of the Interior for clothing, blankets, etcl Annual amount to be expended under the Dodirection of the Secretary of the Interior in supplying said Indians with, beef, mutton, wheat, flour, beans, etc. Interest on $804,909,17, at 5 per cent per an"Winiiebagoes 1. num. Interest on $78,340.41, at 5 per cent per annum, Do.' to be expended under the direction Of th© Secretary of the Interior. Yankton tribe of Twenty installments, of $15,000 each, fourth Sioux. series, to be paid to them or expended for their benefit. Total. August 3," 1795; May 10,185i Vol.10, p. 1056;§3 Seven installments due, estimated at $10,000 each. Estimated ^ Vol. 15,p. 676,§ 10 5, 000. 00 .do . Seven installments due, estimated at $5,000 each. Estimated: VoL 15, p. 676, §3 Vol. 15, p. 676, §9 1, 000. 00 Vol.l5,p.676,§10 ,5,000.00 Treaty November 11,1794 Seven installments of $130,000 each due; estimated. Vol. 7, p. 64 §6 Vol.l5,p.638,§10 2, 000. 00 Vol. 15,p. 676;§ 9 $70, 000.00 35, 000.00 4, 500. 00 h-i Estimated Seven installments of $150,000 each due; estimated. Estimated • /do -do. -do. 1, 050, 000. 00 Vol. 15, p. 638,.^ 13 10,400.00 Vol.l9,p.256,§5- 1,225,000.00 O .do. Vol.l3,p.675,§10 .,720. 00 t-H .do. Vol. 15, p. 627, §9 220. 00 .do. Vol.l5,.p.622,§15 7,800. 00 Six installments, each $3Q,Q00, due. Vol. I^, p. 622,§11 td W 180, 000. 00 Ui Voi,15,p.622,§12 November 1, 1837, and Senate amendment, J u l y 17,1862. July 15,1870 Vol. 7, p. 546, §4; vol. 12, p, 628, §4. Vol.l6,p.355,§l- Sixteen installments, of $15,000 each, due. VoLll,p.744,§4. 30, 000.00 1,409,660.00 6,311,133.32 40, 245.45 $804, 909.17 3, 917.02 78,340.41 527,007.35 9,879,437.36 X .XX < T A B L E R . — S T A T E M E N T OF R E D E E M E D U N I T E D STATES S E C U R I T I E S R E C E I V E D B Y T H E O F F I C E OF T H E SECRETARY OF T H E TREASURY FOR F I N A L COUNT, EXAMINATION, AND DESTRUCTION, DURING T H E F I S C A L Y E A R E N D E D J U N E 30, 1892. o. X X. X < • '^ Denominations. Total. Title of security. I's. 2's. 5's. $24, 610. 00 $1, 652.00 $2,650 United States notes, new i s s u e — 7, 319. 00 75, 085. 00 9.807 United States notes,series 1869 .... 4,107. 00 4,604 United States notes, series 1874 . . . 108, 000. 00 11,154. 00 11, 838 United States notes, series 1875 . . . 108,130. 00. 10, 041.00 8, 014 United States notes, series 1878... 501, 862. 00 533. 507 15, 096, 960. 00 United States notes, series 1880 . . . 1, 502, 909. 00 1, 257,0°66 1, 469, 585.00 Treasury notes, series 1890 One-year notes of 1863 Compound-interest notes of 1864.. Silver certificates, series 1878...... Silver certificates, series 1880 . 14, 620, 433. 00 9, 433. 610 131,289,910.00 Silver certificates, series 1886 8,100. 00 5, OOU. 00 94, 058 Silver certificates, series 1891 \) Gold certiticates, NewYork, series 1.882.... Gold certificates, Washington, series 1882 ^ Refunding certificates National curreucy notes of failec 3, 0G2. 00 2,268. 1,195,919.00 and liquidating banks National curreiicy redeemed and 287.50 ,168 2,728,810.50, retired. Total.. 20's $46, 570 325,560 139,880 2°24, 710 17, 489, 700 1, 722, 330 10 110 6,950 4, 900,980 20, 245,100 750 50's. $58, 940 429, 840 $8, 400 74, 250 279, 450 268,740 34, 050 486, 240 222, 800 17, 228, 680 13,054,450 360,880 20 560 18, 600 27,400 5,933,140 1,019. 550 1,426,700 498, 7 00| 450., 550 . 1,762,100 1, 292, 350 lOO's 500'£ $19. 300 194, 600 1,000's. 319, 000 1,864,000 1,563,000 25, 900 7,500 1,280,200 1, 268,-000 9.000 1, 336, 000 190,400 102,000 2,188, 900 12,410, doo 2, 204, 524 1,969,270 564,200' 753, 300 3, 214, 395 2, 305,980 599, 010 1,062, 000 15, 000 5,000's. 10,000 $10, OOO 107, 000 $5, 000 5.500 60, QOO 265, 000 99, 000 468. 300 352, 500 t, 746; 700 ll, 856, 500 771, 000 li7,.000 w $177, 122.00 1, 228, 961.00 348, 161.00 937, 662. 00 2,199, 735. 00 61, 372, 359.00 770.00 30.00 670.00 95, 350.00 15, 737, 870.00 77,015, 753.00 107, 908. 00 $50,000 $210, 000 1,624,650.00 7, 748, 000 5,54.5,000 13,810,000 34, 756, 350. 00 9,840. OOt 5,000 6, 772, 543.00 9, 910,651.00 Fractional Fractional Fractional Fractional Fractional Fractional Fractional currency, currency, currency, currency, currency, curreucy, currency, first i s s u e second i s s u e . third issue fourth issue f o u r t h isvsue, second series . f o u r t h issue, t h i r d s e r i e s . . . fifth i s s u e Total Kedeemed U n i t e d S t a t e s internal-revenue stamps. A g g r e g a t e of r e d e e m e d U n i t e d S t a t e s s e c u r i t i e s r e c e i v e d for d e s t r u c t i o n . $3.03 $20. 00 25. 00 83.90 309. 00 25c. $75.00 546. 00 3.03 $25. 00 25. 00 125.00 335.00 945.00 75.00 o H > K! O H- R e d e e m e d U n i t e d S t a t e s fractional c u r r e u c y . 10c. ffi Ul 'n-i Denominations. 5o. O >^ 16,667,826.50. 11,357,590 52,105,109.50 50,591,409 32,748,390 7,632,460 10,965,600 6,181,0.00 13,078,000 5,595,000 14020,000 $12. 00 • 15.00 5.05 O 50c. $40. 00 45.00 260.00' 70.00 303.00 325. OO 625.00 97.00 110.00 •476. 98 789.00 303.00 325. 00 2,116. 00 1, 668.00 220,946, 601.98 542,189. 89 221.488,791.87 I^ONBS AND OTHER OBLIGATIONS RECEIVED AND ISf^UED. CXXXVIl T A B L E S.—STATEMENT O F U N I T E D STATES BONDS AND OTHER OBLIGATIONS R E C E I V E D AND ISSUED B Y THE OFFICE OF THE SECRETARY OF THE T R E ^ ^ B U K Y FROM NOVEMBER 1, 1891, TO OCTOBER 31, 1892. T i t l e of loan. R e c e i v e d for e x c h a n g e a n d R e c e i v e d for redemption. transfer. Issued. L o a n of J u n e 22, I860 , $10, 000.00 Certificates of i n d e b t e d n e s s . M a r . 1,1862 . 1, 000. 00 B o u n t y l a n d s c r i p , F e b . 11,1847 25. 00 5-20 b o n d s of 1802, a c t of F e b . 25,1862 .... 100. 00 B o n d s i s s n e d t o P a c i t i c r a i l r o a d s , a c t s of J u l y 1,1862 a n d J u l y , 2,1864 $5,171, 000.00 $5,171, 000. 00 Gold certificates, a c t of M a r . 3,1863 • 7, 000. 00 Gold certificates, series o t 1888 35, 960, 000.00 '37,'665.'6o" 10-40 b o n d s of 1864, a c t of M a r . 3,1864 2, 150. 00 7-30 n o t e s of 1864 a n d 1865, a c t s of J u n e 30, 1864 a n d M a r . 3,1865, e t c 800. 00 Consols of 1865, a c t of M a r . 3,1865 . . . . . . . . . . . 250.00 Consols of 1867, a c t of M a r . 3,1865 •750. 00 Consols of 1868, a c t of M a r . 3,1865 000. 00 F u n d e d l o a n of 1881,5 p e r cent, a c t of J u l y 14,1870, a n d J a n . 20,1871 350. 00 F u n d e d loan of 1891,4^ p e r cent, s a m e a c t s . . 3, 617, 700. 00 F u n d e d loan of 1907,4 p e r c e n t s , s a m e a c t s . . 55, 271, 600. 00 55, 287, 650. 00 Certificates of d e p o s i t , a c t of J u n e 8,1872 . . . 57," 675, 000.00 57, 690, 000. 00 3^ p e r c e n t b o n d s , a c t s of J u l y 14,1870, a n d J a n . 20,1871 1 500.00 3 i p e r c e n t b o n d s , a c t s of J u l y 17 a n d A u g . 5, '1861..... 650.00 3 p e r c e n t b o n d s , a c t of J u l y 12,1882 400. 00 F u n d e d loau of 1891, c o n t i n u e d a t 2 p e r c e n t . 2,104, 300. 00 2,104 300. 00 Total Tot&l> $10, 000. 00 \ , OOu. 00 25. 00 100. 00 10, 342, 000. 00 7. 000.00 72. 965, 000.00 2,1.50. 00 2, 800. 5, 250. 7, 750. 2, 000. 00 00 00 00 350. 00 3, 617, 700. 00 110,559,2.50.00 115, 365, 000. 00 500.00 9, 650. 00 90,400. do 4, 208, 600. 00 62, 546,900. 00 97, 391, 675. 00 157,253,950.00 317,192, 525. 00 APPENDIX TO THE REPORT ON THE FINANCES. PI 92 1 .API^EISTDIX. KEPOETS OF HEADS OF BUEEAUS AND OTHEE OFFIOEES. ~ (No. 1.) REPOKT OF THE TBEASURER. T R E A S U R Y OF T H E U N I T E D STATES^ . Washington, December 1, 1892, S I R : I have tlie lionor to submit ttie annual reiiort on the operations and condition of the Treasury. REVENUES AND EXPENDITURES. The net ordinary revenues and expenditures of the Government during the past two fiscal years are shown in the following table: 1891. 1892, Increase. Decrease. "REVENUES. Customs Sale of public lands Miscellaneous sources Total Net decrease . . . $219, 522, 205. 23 $177,452, 964,15 $42,069,241.08 145, 686, 249.44 153, 971, 072. 57 $8, 284, 823.13 4, 029,535.41 3,201,8.75.58 767, 059.83 23, 374, 457. 23 20, 251,871. 94 3,122,585.29 , 392, 612, 447. 31 354, 937, 784. 24 ' 8, 284, 823,13 45,959,486.20 37, 674, 663. 07 EXPEND.ITUEES, Civil and miscellaneous: • Customs, light-houses, public 24,909, 689.16 buildings, etc - . - . . . 19,988,290.67 4, 921; 398.49 16,552, 292. 50 Internal revenue 14,412, 717. 33 2,139,575.17 15,281,705.34 Interior civil (lands, patents, etc.). 10, 068,209.48 5, 213,495. 86 . Treasury proper (legislative, executive, and other civil) 45,217,510.47 49, 094,186.79 3,876, 676,32 Diplomatic (foreign relations) . . . - 2,028,715.26. 1, 742,400. 25 286,315. 01 6,058,254.76 Judiciary .4,536,184.09 1 522 070 67 48, 720, 065. 01 War Department 46,895, 456.30 1, 824, 608.71 26,113, 896. 46 Navy Department 29,174,138. 98. 3,060,242,52 Interior Department. (Indians and 132,943,420.41 . 145,733, 630.46 12,790, 210. 05 37,547,135. 37 Interest on public debt 23, 378,116.23 14,169, 019.14 10,401, 220. 61 Premium on public debt. 10,401,220.01 • • * * ' Total Net decrease Surplus • 365,773, 905. 35 345,023, 330.58 26, 838, 541, 96 9, 914,453. 66 19, 727,128. 89 4.0,477, 703.66 20, 750,574.77 - 16,924, 088, 30 Exclusive of the $10,401,220.61 applied in 1891 to the payment of premiums on bonds purchased, which, strictly speaking, is not an ordinary charge, there was a net decreaseof $10,349,354.16 in the expenditures, and one of $27,325,308.91 in the surplus revenues. 3 4 REPORT ON THE FINANCES. Classified according to the principal heads, the revenues and expenditures on account of the public debt, which are set out in the usual detail in the Appendix, were as. given beloAv: 1891. 1892. Increase. Decrease. REVENUES, $186,979,000.00 70,792,000.00 51, 852, 417. 00 63,571,690.75 13,750,00 fJertificates of d e n o s i t United States notes T r f i a s u r v n o t e s of 1890 National-banlc n o t e s L o a n s a n d fractional currencj* Total $252,076, 000. 00 $65,097, 000.00 66,264,000.00 60i 130,424.00 8, 278,007.00 2, 977, 838. 00 15, 250.00 1, 500. 00 373,208,857.75 381,463,512.00 168, 380,116.00 70, 792, 000.00 ' 1,624,000.00 23, 553, 298. 50 101,003,056.37 223,504, 66, 264, 8,646, 16,232, 24, 348, 365,352,470. 87 338,995,958. 98 62,147,035. 00 7,856, 386.88 42, 467, 553. 02 34, 611,166.14 73,376, 507.00 8, 254, 654. 25 $4,528, 000.00 60, 593, 852.75 65,121,852.75 EXPENDITURES, Certificates of d e n o s i t T r e a s u r y n o t e s of 1890 National-bank notes Loans and fractional currency Total. . N e t decrease Surplus - .;.... , 381. 00 000. 00 770. 00 721.00 086. 98 55,124, 265.00 ""7,'62C776.'66' • 4,528,000.00 7, 320, 577. 50 76, 654, 969. 39 88 503 546 8Q 26, 356, 511.89 The aggregates on all accounts were therefore as follows: 1891. 1892. Increase, $392, 612,447.31 373, 208,857.75 $354, 937, 784.24 381,463,512.00 $3,254, 654. 25 765,821, 305.06 736,401- 296. 24 8, 254,654. 25 Decrease. REVENUE. Ordinarv . .. Total V ; N e t decrease $37,674,663.07 37,674, 663.07 29,420, 008. 82 • EXPENDITURES. Ordinarv A c c o u n t of d e b t 305,773,905.35 365,352,47Q. 87 345,023, 330. 58 338,995,958.98 Total 731,126,376.22 .684,019,289.56 34,694, 928.84 52,382,006.68 Surplus 20, 750, 574.77 26,356.511.89 47,107,086.66 17,687,077.84 , It will be observed that both years there was a surplus of receipts over disbursements, not only in the aggregate, but under each of the two general heads. To weigh the relative importance or value of the different classes of receipts, or, what is more pertinent still, to make clear the effect of the difference between the receipts and disbursements under the various heads, it is to be considered that with respect to the result to the Treasury the receipts are divided into two general classes. On the one hand, the ordinary revenues, together with the receipts from loans and the deposits for the retirement of national-bank notes, increase for the time the cash available for the uses of the Government. The ordinary revenues are an absolute property, while the receipts from the sale of bonds or on account of the bank-iiote redemption fund become a property subject to the condition of future payment. The compilation of • 5' TREASURER. the figures for the revenues and expenditures of these classes gives the following result: . '• Pevenues Expenditures '. Excess of expenditures 1891. 1892. Increase. $458,197, 888. 06 $357,930, 872. 24 490, 330, 260. 22 385,.604,138. 56 34,132, 372.16 , Decrease. $98, 267,015.82 104, 726,121.66 27, 673, 266. 32 6,459,105.84 • Itmustnotbe overlooked that thefiguresfor the revenues of the former of the two years are swelled artificially by the transfer of the banknote redemi)tion fund, which amounted, at the time of its deposit in the Treasury, in July, 1890, to $54,388,475.75. If this be considered in the present comparison what it ^as in fact, a receipt of prior years, the figures will show an excess of upwards of eighty-eight millions of expenditures over revenues in 1391, and one of upwards of twenty-seven millions in 189'5. It is unnecessary to point out that these expenditures were applied to the reduction of the public debt, or tb recall that they were undertaken in pursuance of the well-considered policy of the Department, which had for its purpose the stoppageof interest by the use of moneys lying idle and useless in the Treasury, The remaining revenues and expenditures, composing the second general class, are those which arise from the issue and redemption of. gold, silver, and currency certificates, United States notes, and Treasury notes. Eeceipts upon these accounts tend to swell the assets of the Treasury, but do not affect the available balance. The figures under this head for the two years are as follows: 1891. Revenues :. Expenditures Excess of revenues $309, 623,417.00 240,796,116.00 .68,827, 301. 00 1892. Increase. Decrease. $378,470,424.00 $68,847, 007. 00 298,415,151. 00 57, 619, 035.00 80, 055,273. 00 11, 227,972. 00 It will be seen from the foregoing that the tendency of the recent operations of the Treasury has been toward the diminution of the available balance and the increase of the trust funds. As regards the first of the changes, the result of the past year was attained for the most i:)art by the operations of the first, six months. How successful these operations were, is perhaps best illustrated by the saving of ul)^yards of fourteen millions of interest, out of which a substantial surplus revenue was realized. The cessation of bond purchases, together with the continuance of this surplus, has left the Treasury in the same commanding position that it has occupied for yearSj notwithstanding tho cutting down of the revenues by legislation. STATE OF THE TREASURY. At the close of business on June 30, 1891, there stood charged to the Treasurer on the books of the Eegister of the Treasury a-balance of $726,222,332.60, Adding thereto the revenues of the year from' all sources, amounting to$736,4Ql,296.24, as stated in the preceding chapter, gives a total of $1,462,623,628.84 to be accounted for. Out of this was disbursed, by warrant of the Department, as the expenditures for the year, a total of $684,019,289.56, leaving abalance of $778,604,339.28 charged to the Treasurer at the close of business on June 30, 18.92. In addition to the liability to the Department there were others aris 6 REPORT ON THE FINANCES. ing from thepostalrevenues, from the deposits to the creditof disbursing ofiicers, from the 5 per cent fund for the redemption of national-bank notes, and from various other sources. These are classed together under what is known as the Treasurer's agency account. Thev aniounted to $50,290,009.36 on June 30,1891, and to $36,561,761.39, on June 30,1892. Lastly, as the receipt into theTreasury invariably precedes the issue of the warrant, there is always a sum of money in the Ti?easurer's custody, forming a part of the current revenues, which has not yet been charged to him on the Eegister's books. This amounted to $1,342,603.71 at the former of the two dates and to $465,538.24 at the latter. The Treasurer's total liabilities at those dates, therefore, were, respectivelj^, $777,854,945.67 and $815,631,638.91. Against these liabilities the Treasury held, in the several ofiSces and in the-associated offices of the mint, certain known sums of coin, bullion, paper currency, and securities. There were other sums standing to the Treasurer's credit with the depositary banks. These together constituted the live assets. But as the Eegister's accoiant contains no credit for the money deposited, under the law of 1836, with the States, or for the losses sustained by the Treasury at various times in the past, the Treasurer is entitled to count these amongst his assets, although he does not carry them as such on his books. So composed, the statement of assets and liabilities, in the broadest form, is as follows: June 30,1891. June 30,1892. $239, 132,228. 53 399, 746,943.51 82, 742, 877.40 328, 950, 88 27, 384.22 369,482.31 101,644.91 405, 433. 91 $255,671,639.87 448,156,453.54 67,077,972.37 465,474.99 26,105.11 14,726,914.21 28,101,644.91 1,405,433,91" 777,854,945.67 815, 631, 638,91 :. 726,222, 332.60 50, 290, 009.36 1,842,603,71 778,604,339.28 •36,561,761,39 465,538,24 , 777, 854,945.67 815,631, 638,91 ASSETS, Gold: coin aud bullion , Silver coin and bullion Notes and certificates Minor coin and fractional currency Bonds, interest checks, and coupons... Deposits iu national-bank depositaries Deposits with States Dnavailable funds Total , LIABILITIES, General account Agency account Uncovered moneys Total The foregoing reconciles the condition of the Treasury at once with the accounts ofthe Department and with the-results of the operations of the past year. As actually carried on the books of this office, however, thelfigures differ from those above by the omission ofthe deposits with the States and the unavailable funds, and by the merging of the uncovered moneys into the general account. In summary form the true condition of the Treasury may, therefore, be given thus: . ' - " " ' Assets .i. . . . • " -. .. . Liabilities: General account Agency account Total . ........... -. . .• June 30,1891. June 30,1892. $748,347,866.85 $786 124 5Sf) 09 698,057,857.49 50,290, 009.36 749,562,798.70 36, 561, 761. 39 748, 347,866.85 786,124, 560. 09 TREASURER. In the Ai:)pendix.will be found tables showing the distribution of the assets and liabilities amongst the various offices and the depositaries; also the revised general statements, substantially in the form in which they are issued monthly, whence the above figures are taken. From those general statements may be formed tbe following classification of the assets with respect to the object for which they were held, and o f the liabilities with respect to their character, whether arising out of outstanding obligations or out of working balance dr reserve: J u n e 30, 1891. J u u e 30, 1892. ASSETS. A g a i n s t certificates a n d n o t e s : Gold coin a n d b u l l i o n Silver coin a n d b u l l i o n Legal-tender notes $120, 063, 069. 00 357, 464, 383. 00 21, 875, 000. 00 $141, 093,619.00 428,405, 536.00 29, 840. 000.00 $499, 402. 452. 00 A g a i n s t deposits and reserve: Gold c o i n . a n d b n l l i o n . S i l v e r coin a n d b u l l i o n . . . N o t e s a u d certificates M i n o r . c o i n a n d f r a c t i o n a l currency Boiidsi i n t e r e s t c h e c k s , a n d coupons D e p o s i t s i n n a t i o n a l - b a n k depositaries 119, 069,159. 53 42,282, 560. 51 60, 807, 877.40 328,950.88 465,474,99 27,384.22 «6,105,11 26:369,482.31 14, 726,'914.21 Total. Certificates a n d n o t e s , Deposits, agency account. Reserve .*. - . $599, 339,155. 00 114, 578, 020. 87 19, 750,917. 54 37,237,972,37 248, 945,414. 85 186,785,405.09 748,347, 866.85 786,124, 560. 09 620, 380, 304. 00 541,210,031,00 50, 290, 009, 36 156, 847, 826.49 Total. 36.581,76L39 129,182,494.70 207,137,835. 85 165, 744,256. 09 748, 347,866. 85 786,124, 560. 09 Since there were included in the assets considerable amounts of gold, silver, and currency certificates, which might have been cancelecl by the Department, and smaller sums df redeemed securities, which awaited delivery to the accounting officers as vouchers, the condition exhibited in the last table was such as to admit of a partial liquidation, wholly internal in its inception and consequences. Such an operation would have had the effect merely of clarifying the assets and simi^lifying the accounts, without affecting the real condition of the Treasury.. If such an operation had been carried out the result would have been as follows: • J u u e 30,1892. J u n e 30, 1891. ASSETS. ;.. . $499,402, 452.00 Against certificates and notes Against deposits and reserve: Gold coin and bullion Silver coin and bullion Paper and minor coin Deposits in banks $119, 069,159. 53 42,282,560.51 19, 389, 240. 28 26, 369, 482. 31 207,110,451. 63 Total $599, 339,155. 00 $114,578,020.87 19, 750.917. 54 i 16, 662, 298. 36 j 14,726,'914. 21 • 706, 512, 903. 63 105,718,150.98 765. 057. 305.98 LIABILITIES. Certificates and notes Deposits and r e s e r v e . . . . Total '... .... 599 339 155 00 165, 718,150.98 499,402,4.52. 00 207,110, 451. 63 706, 512, 903. 63 • 765, 057, 305.98 • 8 REPORT ON i m E FINANCES. Perhaps the most gratifying i^articular of this showing is the evidence it affords of the success which has attended the efforts of the Department to maintain a strong reserve of gold. In spite of the heavy disbursements, which cut dowp the working balance by more than forty millions, the gold balance, constituting as it did more than half of the net holdings, was impaired by less than five millions. In thefiice of the adverse monetary conditions prevailing, this result was attained not witho'ut careful management and the adoption of some new measures, THE PUBLIC DEBT. For the purpose of more fully detailing the operations of the Treasury affecting the public debt,'already shown in the aggregate in a preceding chapter, a brief notice of the condition of the loans classified under this head, and of the changes which occurred therein during the fiscal year, will be given, as in former reports. The condition of the debt on June 30, 1891 and 1892, may be summarized as follows: June 30, 1891, Class, $610,529,120. 00 1,614,705.26 55, 647. 50 .346,681,016.00 6, 907, 679. 60 40, «18, 392. 25 489, 961, 614.00 50, 228,417.00 Interest-bearing loans Matured loans. Old demand notes United States notes Fractional currency, estimated National-ban k'n otes Certificates of deposit Treasury notes of 1890 Total 1,545,996,591. 61 June 30,1892.. $585, 029, 330.00 2, 785, 875.26 55, 647. 50 346, 681, 016. 00 903, 462. 62 26, 763,509. 25 518, 533, 233. 00 101, 712,071. 00 1, 588,464,144.63 Arranged.with resi^ect to the character of the security, the figures are as follows: Security. June 30,1891. Credit of the Dnited States Deposits in Treasury $1,005, 806, 560. 61 540,190, 031. 00 Total .-. June 30,1892. $908, 218 840 63 620, 245, 304. 00 1 545 996 591 61 •' 1 &88 464 144 63 ^ , In this stateinent the Treasury notes of 1890, against which fall deposits of silver are held b y t h e Treasury, are classed along with the gold, silver, and currency certificates, although, unlike the certificates, they are not payable strictly out ofthe deposit. If the conditions of payment be attended to, the interest-bearing loans, whichj with the exception of the 2 per cent bonds issued during the year, are payable at future dates, arrange themselves, with the same exception, under one head; the matured loans, the old d e n i e d notes, the fractional currency, and the national-bank notes secured by deposits of lawful money, being all redeemable on demand, for retirement without reissue, form a group by themselves; the United States notes and the Treasury notes of 1890 are alike in being redeemable on deinand for reissue, while the certificates, expressly payable out of full deposits of coin and pape^r in the Trieasury, compose the last and least significant class, so far ^as'^%heii^ character as the evidence of debt of the United States is concerned. The result of this arrangement is as follows: . TREASURER. Condition of p a y m e n t . At At On On On J u n e 30,1891. $610,529,120.00 | maturity, future dates.. o p t i o n of t h e U n i t e d S t a t e s . demand, without r e i s s u e . . . . d e m a n d , for r e i s s u e . d e m a n d , o u t of d e p o s i t s . 48, 596,424.61 396, 909, 433.00 489, 961, 614.00 Total. J u n e 30,1892. $559, 664, 830,00 25, 364, 500. 00 36, 508,494. 63 448, 393,087. 00 518, 533, 233.00 1, 545, 996, 591. 61 j 1, 588,464,144., 63^ These figures show a satisfactory change, at once in the material reduction of'the interest-bearing debt, the conversion of matured bonds into othlsrs payable at the option of the Secretary, and the extinction of a considerable part of the demand loans. The processes by which these results were brought about are exhibited iri the following table: Loan, Increase; Conversions. Redemptions. Net increase. Net decrease. • $25,412,200. 00 $24, 225, 800. OG $49, 638, 000.00 4J per cent, bonds $15,250.00 4 ner ceut. bonds • $15, 250.00 47,700.00 25, 364, 500.00 25,412,200.00 2 per cent bonds 10, 340.00 10, 340. 00 Eefunding certificates . . . 60, 030. 00 60,030.00 Old matured debt 4, 216. 98 4, 216.98 ITractional cnrrency National-bank notes 16, 232, 721.00 13 254 883.00 2, 977, 838, 00 28,405, 288. 00 25,422,540. 00 40, 570,487. 98 25, 379,.750. 00 62, 967,469. 98 37, 587, 719.98 Total Net • The net reduction was effected by the application of the $9^914,453.66 of surplus revenue tor the year, together with the apiiarent sum of $27,673,266.32 taken from the cash in the Treasury. Both of these items have been shown on former pages. Since, however, $4,910 of accrued interest on refunding certificates was converted into 4 per cent bonds, and included in the receipts for the year, the total application of money to the extinction of the principal of the debt was $37,592,629.98, being the difference between the total redemptions shown in the table and the increase of $2,977,838 arising from fresh deposits for the retirement of national-bank notes. V ^- • THE CURRENCY.. The stock of money in the. United States on June 30, 1891 and 1892, IS estimated to have been as follows: ^ Kind. Gold coin Gold bullion Silver dollars Silver bullion Prac tional.silver coin.. Total coin and bullion . . .... ... $585,140. 050 61, 442, 802 405, 659, 268 38,769. 772 77, 848; 700 1,168,860,592 ... TJnited States notes ' Treasury notes of 1890 National-bank notes Gold certificates i Silver certificates. . . . : . . . . Currency certificates Aggregate June 30, 1891. •... --- .. . • ?»-^-ar,m—"' June 30, 1892. ^ $589,179. 550 75 095'785 413,988,735 78, 803, 331 77,521,478 1,234, 588, 879 346, 681, 016 50, 228, 417 167, 927, 074 152, 486, 429 314,715,185 23, 780,000 346 681,^16 101,712, 071 172,683,850 156 623 929 331, 614, 304 30,430. 000 1, 055, 819, 021 ' 1,139,745,170 2, 224, 679, 613 2,374, 334,049 10 REPORT ON THE EINANCES. These figures are the result of the final compilation of statistics relating to the dates named, and are intended to represent the facts actually existing on those days. ^ They difler somewhat, but not materially, from those heretofore published and reproduced elsewhere in this report, which present the showing of the records-current in the Department at the time the compilations were made. The differences between the two sets of figures do not, therefore, imply errors in either. As the more precise and authoritative record, the revised figures are to be preferred; but since they are made up for the last day only in each fiscal year, they are not available for the discussion of the movements occupying shorter periods of time. IsTeither would it be considered accurate to substitute them in the place of those for June in the series compiled monthly, since they rest upon a difierent basis of fact from the others in that series. . Hence the revised figures are used herein to show the net results of the year, while those in the monthly series are recurred to in the discussion of monthly changes. To arrive at the amount and composition of the effective monetary stock it is necessary to eliminate that part of the paper currency which is purely representative, consisting of the certificates of deposit and the Treasury notes. It might be questioned, perhaps, whether the latter, from their peculiar legal constitution, may properly be reckoned in this class, but such disposition of them is preferred for the present purpose. The following is thus obtained as the efiective stock in comparison with several preceding years: •• ' Kind. Gold Silver Notes . 1888, 1890. 1891. 1892. $705.818,855 380,611,108 599,049,'337 $680, 063, 505 420, 548,929 558, 059, 979 $695, 563, 029 403, 211, 919 532,651,791 $646, 582, 852 . 522,277,740 514,608,990 $664, 275,335 570, 313, 544 519, 364,866 - 1,691,479,300 1,658,672,413 1,691, 426,739 1,683,469, 582 1, 753, 953,745 ....... Total..... 1889. . The monetary history of the past year, however, is so peculiar that the foregoing figures do not give a clear idea of what has been going on. The seasonal changes which have usually distinguished the six months between June and January from the other six, the turn in each movement occurring approximately at the middle and end of each fiscal year, have been Avanting or postponed. Gold exports, commonly ceasing in July, continued until September, while the return shipments, usually commencing early in the autumn, have not occurred at all. For these reasons the composition ofthe money stock is given also for the 30th of September in the same years, as follows: Kind. • 1888. 1889. 1890. 1891. 1892. • Gold Silver Notes ;..... Total $709, 881,170 393, 948, 394 590, 210, 018. - 1, 694, 039, 582 $681, 819, 487 428, 440, 671 550, 248, 818 $693, 026,194 468, 988, 835 528, 283, 931 $653,308,095 529,01.9,947 518,466,162 $052,'l30, 237 579, 211,096 519,467, 776 1, 660, 508, 976 " 1,690,298,960 1, 700,794; 204 1,750, 809,109 Both of these tables bring out a substantial increase of the stock of the circulating medium since June 30, 1891; but the tendency, apparently manifest during the first twelve months of the period, to accumulate gold, gave way to an opposite one in the next three. 11 TREASURER. To exhibit more minutely the changes which occurred in the monetary stock during the fiscal year, the effects of the various causes which contributed to the result, will now briefly be detailed. For reasons already explained, the estimates published monthly, compilations of which will be found in the ApiDendix, will be relied on for the statistics. ^ The imports and exports of gold, the hetproduction of domestic mines in excess of industrial consumption, the net consumption in excess of production, and the consequent net gain or loss of the metal, month by 'month, during the fiscal year, were as follows: . . Month. Imports, Exports. N e t consumption. N e t production. N e t gain. N e t loss. 1891. July August..:.. September.. October. November":. December .. $1,029,148 1,394,755 7, 451,428 16,897, 947 8. 871, 71-7 6,018, 851 ;, 662, 674 172,168 345, 290 809,595 381, 949 254, 501 $3, 509, 099 1,808,811 $2,124,427 <^ 552, 014 2, 826,962 3, 084, 406 487,041 591,159 494,026 246,466 6, 507,180 6,309,956 7,521,823 3,854, 222 17,129,503 3,435. 408 3, 030, 225 1, 047, 344 515,500 2,462,407 542,174 49,699,454 50,195, 327 495,873 20, 806, 614 18,258,467 $1,2S7- 866 1,148, 661 1, 260, 281 "3,"306.'-985" $3,031,398 5, 818, 272 17, 237, 013 7, 229, 487 9,071,335 1892. January.. Pebruary. March April..... May June Total. Net... 3, 740, 956 649, 993 2,178, 206 6,519,282 800, 056 16, 093, 303 2, 548,147 46,128,461 17,762, 594 28, 365, 867 The changes in the stock of silver grew out ofthe monthly purchases under the law of 1890, with slight modifications from the subsidiary coinage. Those . in the notes were limited to a gradual increase, amounting to $5,000,000 in the aggregate, in the circulation of national banks. It will perhaps answer all purposes to lump these together. The monthly changes in the monetary stock are thus shown to have been as follows: Month. G a i n of gold. L o s s of gold. I n c r e a s e of silver and , notes. Increase of stock. Decrease of stock. 1891. $2,.124,427 July August — September . October . . . . Novem ber.. December.. $3, 031,398 5, 818, 272 17, 237, 013 7, 229, 487 9, 071, 335 $5,702,703 7,574, 760 4,713,396 5,737,029 4, 892, 467 3, 723,359 $3, 578,276 10,600,158 10, 531, 668 22, 974,042 12,121,9.54 12,794,694 1892. January... February . March — April May....... June ...... Total. Net.. 3,740, 956 649,993 2,178, 206 6,519.282 800. 656 16, 093,303 46,128, 461 17,762,594 28, 365, 867 . 4, 708', 747 3, 377, 926 4,775, 227 3, 798, 694 3, 883, 574 4,190, 852 8.509,703 2,727, 933 2, 597, 021 57,138, 734 I 57,138, 734 89. 524, 367 74,901, 328 $2,720, 588 3,082, 918^ li,'962,'45i 12 REPORT ON THE FINANCES. The direct connection of the Treasnry with the movements of gold was confined almost altogether to furnishing the material for the exports. These, as is well known, occurred, with unimportant exception, at .N'ew York, the metal being drawn, in American coin, from the subtreasury there, in exchange for other kinds of money. These transactions, together with other receipts and payments of one kind of monej'- for another, are recorded in what is called fche exchange account, and are the only means through which the subtreasury loses gold in any considerable sums. A synopsis of that acconnt will, therefore, show the results of the export movement of gold so far as the Treasury is concerned. The receipts and disbursements of moneys on this account in the six months ending with June, during which .the bulk of the exportations occurred, and the consequent gain or loss to the Treasury, were as follows: . K i n d of m o n e y . Gold coin s t a n d a r d silver dollars F r a c t i o n a l s i l v e r coin United States notes T r e a s u r y n o t e s of 1890 National-bank notes Gold certificates Silver certificates T 0t a l . . . Eeceipts.. 1 ^ . . '. Disbursements, Gain, $11,0.15,411 20,404 . 333 10,910, 819 6, 050, 231 297, 780 61, 681, 360 16, 553, 285 $59, 058, 040 836,137 3, 680, 092 13, 345, 310 10, 263, 555 16, 343. 571 2, 408;318 $297, 789 45, 337. 789 14,144, 907 106, 535, 623 106,535,623 59,780,536 Loss. $48,642, 629 815, 733 3 680 359 •2,434; 491 4, 207, 324 59, 780, 536 • • I t appears, then, that up to the end ofthe fiscal year the gold taken from the Treasuiy for export was paid for mainly in gold certificates. The efiect of these operations was, therefore, to deplete the gross holdings of gold without effecting the reserve. No legal-tender notes in any considerable amounts were presented during this period for redemj)tion in coin. The loss to the gold reserve, which amounted in the six months to sixteen millions, was due to the issue of gold certificates for disbursement in the ordinary expenditures of the Government, when there were no other available kinds of currency in the Treasury. During this period, however, there was a tendency of silver certificates toward the Treasury for redemption, but so far as could be ascertained this movement was an incident to the return of the small denominations which had been sent out during the i)revious autumn to difierent parts of the country, and was not due to any apparent lack of confidence in the certificates themselves. But witli the beginning of July an altogether different condition, of things set in. On the first day of the month three millions in gold was taken for export, for which the subtreasury received two and a half millions in United States and Treasury notes, and only half a million in gold certificates. Of the ten millions in round numbers exported iii the month, four millions was paid for in United States notes, four millions and a half in Treasury notes, and only a million and a half in gold certificates. During the continuance of gold shipments through August and part of September the proportion of gold certificates ofiered was still less. The net results of the operations of the three months affecting the exchange account, on the days when gold was taken for exx^ort, are shown in the following table: 13 TREASURER. K i n d of m o n e y . Gold coin S t a n d a r d s i l v e r dollars Fractional silver c o i n . . . . U n i t e d S t k t e s notes" T r e a s u r y n o t e s of 1890 National-bank notes Gold certificates ' . S i l v e r certificates , Total Eeceipts, Disburse- ' ments. . Gain. $1, 061, 020 554' 6 7, 137, 925 10, 309, 990 17, 890 2, 805, 426 490, 083 $19,275,453 .88, 574 341.143 ' 548,000 '"•$6,'589,"925' 436,005 9, 873, 985 17,890 1,062, 721 1, 742, 705 419,085 70,998 21, 822, 894 . 21, 822, 894 18, 643,590 Loss. $18,214,433 88,020 341,137 • 18,643,590 With the cessation of gold shipments conditions more favorable to the Treasury set in, and the gold reserve, which had suffered severely, once more began to build up, under careful management. Advantage was taken, to this end, of the autumnal flow of currency to the South and West, by giving preference to gold for deposit in exchange for the pai^er desired for shipment. This plan worked well, and the results can be seen in the improved condition of the reserve. THE CIRCULATION. The estimates of the stock of monetary material comprise all bullion, wherever found. Included in the figures, therefore, are certain amoun ts of bullion, both gold and silver, which were in the custody of the mints, but were not treated as part of the cash of the Treasury, having not yet been turned over to the bullion fund or charged to the Treasurer's general account. There is included also in the estimate of the silver stock the bullion on deposit in N^w York against the certificates listed in the stock exchange, although this, in the strictest sense, is not nioney material. In estiniating the circulation, therefore, the separate hold-, ings of the mints must be added to the amount in the Treasury, while the private deposits in New York are treated as outstanding. According to the official computations'^ the distribution of the stock of money, on June 30,1891 and 1892, between the Treasury and the circulation was as follows: ' I n Treasury and mints. I n circulation. Kind. 1891, 1892, Gold.... Silver dollars and bullion . . Fractional silver coin $239, 263, 689 ! $255, 706, 511 379, 927. 323 I 434, 240, 056 19, 629; 480 14,227,774 Total'coin and bullion 638,820,492 j 704,174,341 United States notes Treasury notes of 1890 National-bank notes Gold certificates Silver certificates Currency certificates Total paper Aggregate 25,348,656 9, 879, 713 5, 706, 929 32,423, 360 7,479,219 1,905, 000 37,121,111 3,453,379 5,462, 333 15, 530,310 4,920,839 590, 000 82,742,877 67,077,972 721,563,369 I 771,252,313 1891, $407, 319,163 64, 501, 717 58, 219, 220 1892. $408,568,824 58, 552, 010 63,293, 704 530, 040,100 530,.414, 538 321,332, 360 . 40. 348,704 162, 221, 045 120, 063, 069 307,235; 966 21,875,000 309,559,905 98,258, 692 167, 221, 517 141, 093, 619 326, 693,465 29, 840, 000 973, 076,144 1, 072, 667,198 1, 503,116, 244 1,603,081,736 To arrive at the proportions in which gold, silver, and promissory notes entered potentially into the circulation, the metal and paper may 14 REPORT ON THE FINANCES. be supposed to take the place, wiyether in the circulation or the Treasury, of the certificates aiud Treasury notes, with the following result: Outstanding, Kiiid. June 30, 1891: . G old Silver Notes- ' Total June 30,1.892: Gold Silver Notes o '..- , Total I n Treasury and mints. I n circulation. $646,582,852 522, 277,740 §14, 608, 990 . $119,200, 620 51,972,133 - 9,180,585 $527, 382 232 470, 305, 607 505,428,405 1,683,469,582. . 180,353,338 1,503,116, 244 664, 275, 335 570, 313, 544 619,364,866 114,612,892 23,515, 673 12, 743,444 549,662,443 546, 797, 871 506,621,422 1,753, 953, 745 150,872,009 1, 603, 081,736 In view of the somewhat unusual conditions which have prevailed for some months past, to which reference has already been made, the virtual composition of that part of the circulating medium which was outside of the Treasury on September 30 in each of the last five years is given, as folloAVS: . Kind. Gold Silver Notes Total 1888. 1889. 1890. 1891. 1892. $512,168, 055 328, 541,932 543, 630, 293 $492,623, 064 387,105,167 525,289,769 $545. 044,462 434; 872, 007 . 518,156,240 $520,784,873 499, 080, 336 510,816,837 $532,734,728 558, 336, 989 504,978, 266 1, 384, 340,280 '1,405,018,000 1,498,072,709 1,530,682, 036 1, 596,049, 983 In the last preceding chapter the sources of the increase of the aggregate monetary stock was traced. Of the total net increase of seventy- • one millions realized during the fiscal year, about eighteen millions was gold, the surplus i)roduct of American mines, and forty-eight millions was silver, the net result of the year's operations in that metal, while the banks contributed nearly five millions in new issues of their notes. This seventy-one millions of fresh material, together with the twentynine millions paid out ofthe Treasury on balance, accounts for the ificrease of one hundred millions shown by the foregoing tables in the circulation. The proportions of the increase of the different kinds are readily to be seen in the tables themselves. From September to September there was a gain cf only fifty millions' of new material, consisting wholly of silver, and this with the fifteen millions drawn from the Treasury on balance makes the sixty-five millions of increase of circulation which occurred during that period. The changes from month to month in the amounts of "gold and of silver and notes in the circulation, or represented therein by certificates or Treasury notes, as shown by the monthly estimates, during the fiscal year, were as follows: , 15 TREASURER. Gold. Month. Increase. ' 1891. J u l y . . . .August September October November December Silver and notes. Decrease. Increase, Decrease. Aggregate. Increase. Decrease. V $5, 7.66,459 22, 085, 813 5, 710, 685 • 7,523,928 $5] 569,728 $5, 598,420 8,326, 987 14, 611, 438 18, 833, 074 11, 874, 872 7, 059, 224 3,995,731 $28, 692 6. 284,451 24.; 599, 533 33, 960, 685 12. 769. 909 11; 519; 659 166, 717 8, 900, 965 4,953,761 5, 544, 723 1,5.60, 767 15,073,399 5, 703, 764. 1892: January Februarv March 14, 906,682 ^ .4,877, 218 Mav • 60,870,785 Total . 3,197, 201 5,871,133 613, 999 'i6,'203,"787' 39,782,835 $733,104 83,099,692 733,104 4, 930,724 6,437, 985 $917,372 16,936,891 121,-308; 801 17 854 263 The following table exhibits, in round sums, the changes that have occurred each year, beginning with 1879, in the aggregate amount of money in circulation, during the first and last six months and the whole twelvemonths: ., First six months. - Fiscalyear. 1879 1880 . 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891. 1892... Increase. . ... .. -•.-.. . - $9,800,000 119,000,000 105, 600, 000 73, 900, 000 . 58, 700, 000 26,800, 000 49,100,000 65,-400,000 66,700,000 34,100, 000 49,900,000^ 99, 700, 000 . 89,200,000 Last six months. Decrease. Increase. Decrease, $7, 200,000 35, 500,000 35,700,000 $2,400,000 . ' 2,700,000 14,300,000 $14,500,000 1,400,000 20, 600,.000 1,100,000 38, 800; 000 11,700, 000 25, 800, 000 1,300, 000 29,100, 000 Twelvemonths. Increase. Decrease. $17,000,000 154,500,000. 141, 300,000 59,400, 000 57, 300, 000 6, 200,000 48,000, 000 68,100,000 55,000, 000 8, 300, 000 48, 600, 000 70, 600, 000 103,500,000 $41,200,000 From these figures it appears that since the resumption of specie payments, with the exception of a single year, there has been an annual expansion of the volume of money in circulation, the result of a large increase from July to December, and a smaller increase, or a decrease, from January to June. The normal condition of the circulation would, therefore, appear to be one of, yearly growth, but varied by a seasonal decline. Incidentally to this ebb and flow of the circulating medium, and, in particular, to the changes in the materials of which it is composed, there has occurred, with more or less uniformity, in the month of January, a sharp drain upon the gold reserve of the Treasury. To illustrate this, the amount of gold in the Treasury in excess of gold certificates in circulation at the end of December, January, and February, in each of the last ten years, together with the average for the whole period, is . given^ as foUows s 16 REPORT - . ; Average •-. FINANCES. December. r i s c a l year. 1883 1884 1885 1880 1S87 1888 1889 1890 1891 1892 ON T H E $131,989,758 155,429, 600 141, 088, 432 : 147,991,808 170,912,413 208, 608,130 203, 885, 219 .. . . . . 190, 833, 052 148, 972, 935 " 130,740, 631 163,105,198 January, February. $125, 048,194 144, 350, 736 125,187, 596 136, 086, 611 168,475, 362 202, 955,184 194,655,204 177, 386, 285 141, 728, 097 119, 574, 904 $135,107,161 144, 038, 203 127 346 553 . 144,164; 038 , 375 130 261 212, 869, 914 198 245,981 187, 988, 948 149 712, 824 122,122,113 153,604,823 159,472,600 These figures show that each year there has occurred at this season a more or less considerable diminution of the gold reserve, averaging nearly ten millions, which has been succeeded in February by a less marked tendency in the opposite direction. Last January the loss occurred between the 1st and the 22d of the month, and at the latter date exceeded $12,000,000. A recovery "of one million was effected before, the 1st of February. With a reserve of one hundred and fifty or two hundred millions, a reduction of five or ten in a inonth might pass unnoticed 5 but when the reserve is not more than a hundred and twenty or thirty million^, the loss of twelve in eighteen business days deserves attention. In order to.discover the causes and character of the movements wliich have thus annually affected the Treasury, it is necessary to inquire what other changes occured at the same times in the composition and distribution of the money stock. A hasty examination of the tables in the appendix is all that is necessary to see that there has been nothing in the aggregate supply of money or in its division between the Treasury and the people to throw any light on the subject. Changes have occured, itis true, in the volume ofthe effective stock, and in the amount of the Treasury holdings and. of the circulation as well, but they have been less marked and regular, and not of a nature to have any direct bearing upon the movement of gold. I t would appear to be sufficient for the present T)urpose, therefore, to study the facts relating to that metal in particular. The whole stock of gold in the country at the end of each of the three months of December, January, and February in each of the last, ten years is given in the following table: Fiscal year. 1883. 1884. 1885 . 1886 . 1887. 1888. 1889. 1890. 1891 . 1892 . Average December. $524, 670, 566,108, 576,118, 612, 980, 640,418, 704, 703, 704, 608, 689, 524, 704,100, 686,845, 641, 007,979 January, $528, 433,158 568, 231,447 578, 828,-967 614,128, 979 645, 869, 918 706,471, 081 705, 758, 221 690, 980. 770 707, 008. 881 690,586; 886 643,629,831 February. 465, 211 994, 208 581, 162, 973 611, 484,909 646, 880,837 707, 848, 344 705, 954,608 692. 100,955705; 584,827 . 936,893 643, 841,377 I t appiears from these figures that invariably, during the months in which the Treasury has lost reserve gold, J:he stock of the metal in the country has been slightly increased. January is indeed the month when the turn between the imports and exports of gold frequently gc 17 TREASURER. curs, as weHasthat between the autumnal increase of the circulation and the vernal decrease, as has been noticed on a preceding page. It is plain, therefore, that the gold lost to the reserve does not go out of the country, but into the hands ofthe people; also, since there are no corresponding changes in the circulation, it is equally apparent that the gold goes out in exchange, directly or indirectly, for other kinds of money. , . The actual holdings of gold in the Treasury, however, show that during the month of January, in spite of the drain upon the reserve, the tendency toward increase has been nearly as persistent, and in the average almost exactly as effective, as that toward the increase of the total stock of the country. The total gain of metal to the Treasury during this month for the ten years together was twenty-two millions, while that to the country was twenty-six. Below are the figures: Fiscal year. 1883 1884. 1885 . 1886 1887 1888 1889 " . 1890 1891 1892 .*. . ' .. . . . J. . ; . Average.". December. January. $171,504,568 219,014, 740 234, 975, 852 253, 351, 409 268,128, 018 305, 342,187 324, 773, 667 313, 818, 941 293, 020, 214 278, 846, 750 $173, 317,834 221, 813,356 237,-167, 976 251, 371,562 274,140,469 307,809,155 325,641,856 316, 043, 454 297, 567,546 282, 753, 863 $177,661,631 221,881,633 .240,029,843 249,801,088 275, 088, 626 309, 567, 827 326,456,69§ 318,593,752 296,831,953 282,123,392 206,277,635 . 268,762,707 269,803,644 February. • The Treasury then, in fact, has not lost gold at all in January. The drain on the reserve must, therefore, have been the effect of an increase in the circulation of gold certificates. That circulation at the dates under consideration was as follows: Fiscal year. 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 :. '. .. .. '' .- Average . . ... December. January, February. $39, 514, 810 63,585,140 93, 287, 420 105, 359, 601 97; 215. 605 96, 734; 057 120, 888, 448 122, 985, 889 144,047, 279 148,106,119 $47,669, ftlO 77,462, 620 111, 980, 380 115, 284, 951 105, 665,107 104, 853, 971 130, 986, 592 138, 657,169 155, 839, 449 163,178,959. $42,554,470 77, 843, 430 112, 683, 290 . 105, 637, 050 99, 958,365 96,697,913 130,210,717 130, 604,804 147,119,129 160, 001,279 103,172, 437 115,157, 884 110,331,045 - It is thus brought out that at the return of January in each of the last ten years the Treasury's reserve of gold has been trenched upon by the issue of gold certificates, but, that, with the exception of one year only, the full efiect of the fresh issues has been lessened by a gain of the metal. It has also been observed that these fresh issues are largely for direct or indirect conversion into other kinds of currency. To show the net results of all the operations of the month of January to the Treasury, without attempting the difficult if not impossible task of ascertaining what proportion of the loss of gold was due to the redemption of notes and silver certificates in gold certificates, and what to the excess of the receipts over the disbursements of silver and notes F I 92: 2 • ' 18 REPORT ON THE FINANCES. on account of the ordinary iievenues, the following table is given, exhibiting the net decrease of the gold reserve, the net increase of the holdings of sih'^r and notes, and the increase and decrease of the cash in the Treasury in excess of certificates in circulation: Fiscal year. 1883 1884..,......• 1885 1886 1887 1888.. 1889 1890.... 1891...'... 1892 >.- Average N e t average Decrease of gold reserve. Increase of s i l v e r "and n o t e s . $6,341, 564 11,078,864 16, 500,836 11,905,197 2. 437, 051 5, 652,946 9, 229, 955 13,446,767 7, 244, 838 11,165, 727 $9, 663, 397 $3,321, 833 10, 603, 267 11, 425. 213 17,824,835 5, 919, 638 7,897,096 5,460,045 8.939,148 3,286,202 6, 764, 421 10, 323,128 16, 287. 514 9, 042, 676 4, 602; 030 9, 500, 375 10, 439, 005 9, 500, 375 10,439,005 Increase of c a s h . 2,703,039 Decrease of c a s h . $415,507 5,075, 023 2, 465, 534 3,123,639 6,563,697 1,764,409 938, 630 There is here apparent in the month of January not only a tendency toward an infloAY of silver and notes to the Treasury at the cost of gold certificates, but also a not less marked tendency toward an additional loss of gold certificates, whenever, in the same month, the cash balance 'runs down, that is, whenever the current expenditures exceed the current revenues. I t does not appear, however, that these losses are due to the development of any unusual deinand, at this season, for gold certificates in particular, or to any lack of confidence on the part ofthe public in the abihty of the Treasury to maintain the parity of the different kinds of money. The gradual rebuilding of the reserve, which ordinarily begins in February, would be sufficient proof of this, even with: out the confirmation lent by the experience of this office. It is perhaps reasonable to suppose that an incident which has thus recurred annually has arisen out of the recurrence of the- same conditions. An investigation of the causes which were at work last January may, therefore, throw some light upon those ojperative in earlier years. I^ot to enter too much into detail, it was found that from the end of December to the 22d of January last the gold reserve ran down $12,400,000; that in the same period there was a net gain of $3,200,000 in gold coin and bulUon to the Treasuiy; that the expenditures were $3,000,000 in excess of the revenues;, that the circulation of gold certificates increased $15,600,000; that the Treasury holdings of silver and notes increased $5,600,000. The net loss of $12,400,000 to 'the reserve was, therefore, the result of the fresh issue of gold certificates and the receipt of new gold and was found to have been occasioned by the exchange of about $3,000,000 in gold certificates for silver certificates, and the disbursement of about $9,400,000 of gold certificates, in excess of their receipt, in other transactions. It was found also that these exchanges and disbursements were not made in response to demands for gold certificates, .but simiDly because at the time and place Avhere payment was to be made there was no other kind of paper available. The difficulties of the situation were all on the side of the Treasury, Avhich i3aid out gold certificates when, legal-tender notes, if not silver certificates, of suitable denominations, would have been equally acceptable to the applicant, but were not at hand. . The expansion of the active circulation, which occurs in the autumn months, is attended by a i^artial change of character. The demands for moving the crops require paper money for cheapness of transpoxta 19 TREASURER. tion, and small denominations for convenience pf distribution.. These demands are, therefore, supplied for the most part ih new legal-tender notes and silver certificates, and advantage is taken of themj on occasion, to accumulate gold in the Treasury. The jeturn tide sets in strongly after the 1st of January, through the subtreasuries. When received there the notes have tAvo disqualifications which make them unavailable for iminediate use; they are more or less worn, and of unsuitable denominations. They are, therefore sent to Washington for redemption, and the demands upon the subtreasuries are met with such available currency as maybe at hand. The shipment, redemption, and destruction of the old notes and the issue of new take time. Before t h e . Treasury can make the conversion the subtreasuries are drained, and the Treasury has nothing but gold certificates to send them. The situation is aggravated by the circumstance that generally the limit of the issue of notes and silver certificates has been reached, so that hone of these ar§ available. In this way the gold reserve suflers, until ttie Treasury is able to gather in a working balance of other material. Considered with reference to the gain of gold which the Treasury commonly realizes from the autumnal outfloAV of currency, tbis loss of the metal is no more, than a coini)ensation for previous favors. . But with a low reserve it may threaten disturbance both by its rapidity a-nd extent. I t occurs, too, at an awkward time, especially in seasons when exports of gold begin early or become heavy. Unless the records of former years are misleading and thexleductions here drawn from thein erroneous, this incident is natural tq the present moneta;ry system, and may be expected annually under ordinary conditions. Doubtless it may,be anticipated by adequate provisions, if not neutralized or prevented by proper measures. At all events it introduces into the curi;ency i^roblem an element that is not to be neglected in close calculations. ISSUES AND REDEMPTIONS. • • .' The issues of United States.paper currency from the Treasury ex-, ceeded those of any previous year, amounting in all to $376,726,683. The nearest approach to this was $310^000,000 in the year before, and the next nearest $291,000,000 in 1863. Upwards of. $298,000,000 of the year's issues took the place of equal amounts of like kinds redeemed and destroyed, while $78,000,000 went to increase the balances outstanding. The redemptions, correspojiding to the reissues, were also greater than those of any other year. The amounts of the fresh issues, the reissues, and the total issues of each kind of currency, were as follows: ' Kind, Dnited States notes — Treasury notes of 1890 . Currency certificates... Gold certificates Silver certificates Total . Fresh issues. Reissues. $50, 634,813 6,640,000 4,137, 500 16, 899,119 $66,264,000 8,646,770 64,160,000 66, 387, 500 92, 956, 881 $66, 264, 000 59, 281,583 70,800,000 70, 525, 000 109,856,000 78,311,432 298, ^'15,151 376,726,583 Total. Eeference has already been made to the changes which ordinarily take place, approximately betweeii the first half and the second of each fiscal year, in the amount of money in circulation, and also, incidentally, to ttie changes in the denominations. While the issues and re 20 REPORT ON T H E FINANCES. demptions do. not bear directly upon the result, the cash in the Treasury standing between them and the net circulation, they yet follow the general course of the latter, and, as the accounts are now kept, afford the only means there is of approximating the facts. For the purpose of illustrating these changes in denominations, the issues and redemptions of all the difierent kinds of paper currency, for the first and the last six months.of the fiscalyear, are given below: - First six months. Last six months. Denomination. Issues. Redemptions. Issues. Redemptions. • One dollar '. T w o dollars -Five dollars T e n dollars T w e n t y dollars F i f t y doUars O n e h u n d r e d dollars ... F i v e h u n d r e d dollars One thousand dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total -. ." $9,996, 685 6, 792, 000 31, 720, 000 33, 080, 000 24,800, 000 2, 000, 000 3,420,0002, 900, 000 . 8, 600, 000 9, 810, 000 46, 620, 000 $7, 080. 517 4,908; 820 21,493,040 20, 785, 690 14,447, 840 3,431, 850 4,781, 200 3, 200, 500 4,997, 000 4, 470, 000 54,130, 000 $7, 586,898 7, 656,000 26, 040, 000 26, 720, 000 19, 680,000 6, 900, 000 13, 750, 000 3, 420, Obo 9, 300, 000 8, 915, 000 67, 020, 000 $9,583,960 6,446, 334 26,687,340 24, 316, 840 14,024,720 3,037, 400 4, 369, 600 2,965, 500 8, 082, 000 10,155, 000 45,020,000 179,738, 685 143,726,457 196,987,898 154,688,694 The net changes resulting from these operations, in the amounts outstanding, appear in thefollowiug table, which shows the increase or decrease of each denomination for each six months and the net increase for the whole year: F i r s t six months. Last six months. Denomination. Increase. One dollar Two dollars Five dollars Ten doUars Twenty dollars Fifty dollars One hundred dollars... Five hundred dollars.. One thousand dollars,. Five thousand dollars. Ten thousand dollars.. Decrease, Increase, $2, 916,168 1,883,180 10, 226, 960 12,294,310 10, 352.160 46,-615,778 Net increase. 36, 012,228 Increase. $1,997, 062 $919,106 3,092,846 9,579,620 14, 697,470 16,007,440 2, 430,750 8, 019, 200 154, 000 4. 821,000 4, too, 000 14, 490, 000 647, 340 2,403,160 5, 655, 280 3, 862, 600 9, 380,400 454, 500 1,218, 000 3,603, 000 5, 340, 000 Total. Decrease. $1,209, 666 $1,431, 850 1, 361,200 300,500 7, 510,000 22, 000, 000 .10, 603,550 46,183, 606 Twelve months. 1, 240,000 3,884,402 78, 311,432 78, 311, 432 42,299,204 I A summary statement of the changes in the outstanding denominations of $20 and under, and of $50 and over, will bring out the main facts still more clearly, thus: First six months. Increase. TxTPntv flollars Jind u n d e r FiftiV rtoUara Ojiid. over Decrease. $37, 672„778 $1,660,550 Last six months.' Increase, Decrease. $6, 623, 704 35,675, 500 It appears from the foregoing that the increase of the smaller denominations in the first six months of the fiscal year, and thatof the larger in the last six, were both effected substantially by the use of new material, there being but slight net changes in the aggregates of the several denominations previously outstanding. In both periods the result was TREASURER. 21 • the outcome of the efforts of the Treasury to supply the demands of the public. Since the money ofthe country, with the exception of the gold mined or imported by private enterx3rise, is now all issued by the Treasury, and since the Government in various ways derives a profit from the monopbly, it would seem to be the proper policy to yield to the reasonable preference of the public for the difierent denominations as much as can be'done consistently with law and the interests of the Treasury.' Such a policy would contemplate provisions for the periodic changes which seem to be natural^ both in the amount and the denominations. The heavy redemptions have severely taxed the resources of this office, requiring a good deal of work overtime. Even with the best efforts that could be put forth occasional delays have hot been avoided. I t is probable that an increase of the clerical force employed in this work Tf ill be xequired in the near future. Tables will be found in the Appendix showing the yearly issues and redemptions of the several kinds of paper from the first. With the exception of a few years prior to 1870, when the unissued reserve was. carried without record of. denominations, the amounts given as outstanding are those which were actually performing the functions of moneyo THE COINAaEo A very satisfactory change has been effected in the condition of the fractional silver coinage, and another, not less so, in the distribution of the stock of pieces. The improvement in the former particular is the result of the liberal appropriations made by Congress for recoinage, while that in the latter is in no small part traceable to the same origin. With only sniall amounts available for the expense of recoinage, the direct'object of the appropriation had often to be sacrificed to that ot supplying imperative demands for pieces of a x^articular denomination. The material had to be selected not with reference to its needs for rehabilitation, but with reference to the product required. Pieces so much worn as to be uncurrent could not be touched, since the loss would have been so heavy that the product would have been insufficient. Only pieces so near full weight as to bring the cost of the required product within the appropriation could be operated on. Consequently a good part of former expenditures for recoinage was devoted to working over good material, and brought about no substantial improvement, in the condition of the whole stock. / The more adequate provisions made at the last two sessions of Congress have permitted attention to be devoted to the- demands of the coinage itself, and by October last all the silver reported by the several offices of the Treasury to be held as iincurrent had been transferred to the mints. The amounts in the different denominations so turned over during the last fiscal year were as follows: Denomination. Standard dollars . 50-cent pieces ...25-cent pieces — 20-cent pieces 10-cent pieces . . . . 5-cent pieces 3-cent pieces •- Total Amount, $42,881.00 0,405,802.50 685,836.00 3i659.40 159,31.L30' 29,294.10 ; 1,428.48 7, 328, 212. 78 22- REPORT ON THE FINANCES. The loss in melting was $180,985.01. Minor coins amounting to '^0,000 were also transferred to be cleaned. While noteworthy improvement has been effected by these operations, it must not be understood that no more uncurrent coin is left in the Treasury. Considerable suins of it are still held, being mixed through unassorted lots. The new coins, too, drive in the old to some extent. A remarkable and satisfactory reduction has occurred in the amount of fractional silver in the Treasury, no less than $7,000,000 having been disposed of betweeii June 30, 1891, and Septeml3er 30, 1892, out of $19,600,000 held at the former date. Several causes appear to have contributed to this result, perhaps not the least effective of them being the change in the practice of the'Department in the method of free distribution. So long as less than $500 could not be obtained from the Treasury by express, without cost for transportation, the applicants were limited to persons and institutions that could afford to carry considerable sums of small change. When the limit was reduced to $200, merchants and others began to take advantage of the offer, as well as bankers in the smaller places. There have been heavier expenses in the distribution than formerly, but the results in the relief to the Treasury and the increased convenience to the public wiU doubtless be considered an adequate return. The imiiroved condition of this coinage, aided by the novelty ofthe new designs, has doubtless tended to popularize it and contributed largely.to the increase of its oirculation. The recoinage proposed for the remainder of the present year will probably be attended with similar results. Especially is this expected to be true of the $2,500,000 of the Columbian half dollars to be struck. The manufacture of these out of uncurrent subsidiairy silver in the Treasury can not fail to have the double effect of improving the general stock and of still further relieving the Treasury of surplus holdin gs. The coins themselves, bein g limited to the proportion of one to every thirteen of population, and partaking, as they will, of the character of medals, seem destined to little active usefulness as money. They will doubtless be sought as souvenirs, if not as rarities, and remain nominally in circulation, without . displacing any considerable amount of other coin. A t present the outlook for the speedy solution of the subsidiary silver problem is very encouraging. It seems, indeed, not unlikely that with wise management the long-existing plethora of the Treasury will vsoon be reheved altogether. SPURIOUS AND FRAUDULENT ISSUES. Counterfeit silver coins and paper currency of the following amounts and denominations were rejected and canceled, during the fiscal year, at the several offices of the Treasuiy: SUver coins. Denomination. Twenty-five cents Fifty cents One dollar Two dollars Five dollars Ten dollars Twenty doUiars Fifty dollars One hundred dollars Total $209.00 281.50 1,469.00 ...... • 1,959.50 United States . National Fractional notes and hank currency. silver cer- notes. tificates. $45 469 545 660 . 1,060 1,150 300 $44 505 860 380 4, 229 2,389 Total. $22. 50 76.00 $231.50 357. 50 1, 514. 00 513.00 1,050. 00 1, 520. 00 1, 440. 00 1,450.00 600.00 . 98.50 8, 676.00 liOO 300 23 TRiEASU.RER. A decrease of $207 in the aggregate, as compared with the preceding year, seems to indicate a slight improvement in the condition of the currency,.so far as fraudulent issues are concerned. Some new work in this line has, however, come to light. Important legislation, at once giving. greater security to the public in the handling of paper money, and defining more precisely the character and status of national-bank notes, is embodied in the act of Con-. gress approved July 28, 1892, which reads as follows: AN ACT to amend the national-bank act in providing for the redemption of national-bank notes s stoleu from or lost by banks of issue. Be it enacted hythe Senate mid Souse of Eepresentatives of the United States'of America in Congress assemhled, That the proYisions of the RevisedStatntcs of the United States, providing for the redemption of national-hank notes, shall apply to all nationalhank notes t h a t have heen or may he issued to, or received hy, any national hank, notwithstanding such notes may have heen lost or stolen from the hank and p u t in circulation without the signature or upon the forged signature of the president or vice-president and cashier. Approved, J u l y 28,1892. The immediate effect of this enactment was to provide for the redemption of incomplete notes of the following description and amounts, which had heen issued by the Treasury Department to the banks whose titles they bear, but had been vStolen and put into circulation. before -having been signed by the bank officers: ..Bank. Denomination. Bank^numbers. Treasury numbers. Amount. Osage National Bank, Osage, Iowa . . . . NationalBank of Pontiac, Pontiac^ IllMerchants' National Bank, Albany N. Y First National Bank, Atchison, Kans.. National .Bank of Barre, Barre, Vt . . . . National Hide and Leather Bank, Boston, Mass Kin.sraan National Bank," Xinsman, Ohio ... , 5's . 1751 to 2200 741 765 5'.s 759 766 655 668 20's 911 936 20's 20's 20'3'* 11919 11972 10's aud lO's.and lO's and lO's and lO's and 20's 520 529 560959fco561408 252111 252135 45195 679929 932805 $9,000 500 45202 679942 932830 22900 22953 577058 577067 400 700 1,300 2,700 / 500 This is the last of a series of stei)s, each leading to the same end, but each, until the last, leaving the matter in a more illogical and unsati sfactory condition than before. Following upon a loss of this kind came the demand of the bank for new notes to take the place of those stolen, which was refused. Consequently, while the thief had no difficulty in X^assing the notes the bank was lying out of the use of part of its circulation. The surrender of the bonds held as security for the notes was also refused, l^ext, when the innocent holders who had received the notes for value, on the faith of their being impressions of the genuine plates, presented them fbr redemption, they were not received. So far the bank was losing interest and the public were losing principal. The thief alone had made his profits. In this |)osition the matter rested until the passage of the act of July 12, 1882, Avhich made it a condition of the extension of national-bank charters that lawful inoney should be deposited within a certain time for the redemption of the notes issued to the bank prior to the extension, and that the benefit arising from the failure to x>resent notes for redemption should inure to the United States. ^ ' ^ At this step the bank lost principal. Then the holders'of the notes asked for payment out of the money on. deposit in the Treasury. The law officers decided that the Department Avas without authority to accede, Here theTreasury came in as anactiveparticix)ant,makingaquar- 24 . REPORT ON THE EINANCES, tet of interested parties, of whom the public and the bank Avere losers, while the Treasury and the thief A\^ere gainers. The act above quoted simply turns the profits of the Treasury over to the holders of the notes, thus squaring two of the accounts, and restoring the whole matter to its oiiginal position of an afi'air between the bank and the thief. The banks are left in the situation in which th^.y had been placed by previous legislation, and, so far as known to this office, take no concern in the new law. To the holders of the notes it has come as the righting of a long-standing Avrong, and they haye not hesitated to give expression to their feelings. By this act, taken in connection with former ones, Avhich provided for the redemption of incomiDlete national-bank notes stolen from the Treasury Department, it is. virtually settled that these notes derive qualities as money directly from the Department itself, and become binding obligations of the banks of issue by simple delivery thereto. If they are lost by accident or theft the consequences are the same as in the case of any other kind of money. These several acts have at last purged the currency of what had been for so manyyears its most dangerous and exasperating impurity. There remains of the appropriation of $2,500 made by the act of September 30, 1890, for the redemption of certain incomplete notes of the Third jN"ational Bank of I^^ew York, the First National Bank of Jersey City, and the ISTational City Bank of Lynn, stolen years ago from the office of the Comptrollei of the Currency, a balance of $870, the sum of $1,630 of the notes having been redeemed since the passage of the act. I t would be a convenience to this office if the balance of this approl^riation could be covered into the Treasury to the credit of the appropriation created by the act of July 14, 1890, and known as ^^JSTational Bank ISTotes: Eedemption Account." This would make these notes redeemable in exactly the same manner as all other national-bank notes. Under the existing arrangement every bank note received at this office has to be scrutinized to ascertain whether it is one of the lot covered by the special ajipropriation, and as no such scrutiny is now required for any other purpose than the detection of the insignificant number of these particular notes believed still to be outstanding, a very considerable labor is imposed upon this office, with the promise of no practical result whatever. Under the f Toposed arrangement no such scrutiny would be necessary. It is doubtful whether the whole of the special appropriation will ever be required. The total amount of the notes stolen, less $1,150 recovered, was $16,100. Of this, $7,500 has been provided for by the appropriation referred to and a former one of $5,000. There is, then, an apparent uncovered balance of $8,600 outstanding, but, with very few es ceptions, no trace of the notes has ever been seen, and it has always been understood that the greater part of them were destroyed. Whatever amount may ultimately come to lights Gongress could not now injustice neglect to provide for them all. In the present shape ofthe matter, the exhaustion of the appropriation, which, though scarcely to be expected, may not be impossible, would restore the former condition of things, with all its annoyances and inconsistencies. I t would be a sensible measure, therefore, it would seem, and perhaps the simplest that could be taken, to appropriate as much, if any, as may be needed for the liquidation of the circulation accounts of the banks concerned, the money to be drawn on only in the event of a deficiency, and only in the sums actually required. This would set all uncertainties at rest, and fully and finally settle this much-vexed question of stolen national-bank notes. 25 TREASURER. TRUST PONDS. United States bonds of the descrix)tions and amounts shown in:the following table were held on June 30 in trust for national banks as security for theh circulating notes and for public deposits: To secure Rate of To secure cir- public mon-" culation. interest. eys. Class of bbmls.' Bonds issued to Pacific railroads Funded loan of 1891; coutinued at 2 per cent Funded loan of 1007 Total 6 2 4 . : Total. $11, 600, 000 21,825,350 129,764,700 $1,1.16, 000 1,703,000 13,003,000 $12, 716,000 23, 558, 350 •142,767,700 163,190, 050 15,852,000. 179, 042, 050 During the year $48,575,750 of bonds were deposited and $27,894,600 withdrawn as security for circulation, making an increase of $20,681,150. The deposits on account of public'funds amounted to $3,418,000, and the withdrawals to $13,915,500, diminishing the holdings by $ 10,497,500. One hundred and seventy-seven new banks, organized during theyear, deposited bonds as security for circulation. The following-described bonds were held at the end of the fiscal year foivthe Pacific railroad sinking funds: Kind of bonds. Rate per cent. Union Pacific sinking fund.' " Central Pacific sinking fund. $188, 000 $2, 261, 000 5,082,000 595, 000 3, 000, 000 1, 389, 000 860.000 62, 000 1,102; 000 95,000 675, 500 5,000 254,000 28,000 United States bonds issued to Pacific railroads . Union Pacitic first mortgage Central Pacific first mortgage Central Branch, Union Pacific Eastern Division, Union I'acific .... Sioux City and Pacific : '. Western Pacific Total. 11,161, 500 4,435, 000 Total. $2,449, 000 5, 677, 000 4, 389. 000 922, 000 r, 197, 000. 680, 500 282, 000 15,596,500 First-mortgage bonds of the Pacific railroads amounting to $1,212,000 were added to the sinking fund o f t h e Union Pacific and $452,000 of like bonds to that of the Central Pacific. United States Pacific railroad bonds of the amount of $275,000 held for the Union Pacific were exchanged for a like amount of the firstmortgage bonds of the different roads, at a profit of $20,264.13 to the fund. A like exchange of.$220,000 was made for the Central Pacific, at a profit of $14,039.12. These profits were invested in first-mortgage bonds. A total addition of $1,664,000 was made to the par value of the securities comxiosing these funds. ISTo change occurred during the year in the bonds and stocks held for the Secretary of the Interior as trustee of various Indian tribes. The following is a list of them: Class of bonds. . Registered. Coupon. Arkansas funded debt ^ Florida State stocks North Carolina State stocks South Carolina State stocks Tennessee State stocks Vir<'"iniaState stocks Virginia^ Chesapeake^and Ohio Canal bonds United States bonds issued to Pacific railroads Total............ ;. :.. . . . Total. . $168, 000 $168, GOO. 00 69, 000 09, 000. 00 22, 000 22, 090, 00 41,000 41, 000. 00 122, 000 122,000 00 $191. 666. 66a 123,000 314, 660. 60a 5dO;000.0O 540, 000. 00 1,000 1 000 00 256, m . 60 256, 000 00 987, 666. 66| •546,000 1,533,666.661 26 REPORT ON THE FINANCES. United States bonds, as folloAA'S, are held under various x>i'cvisions of law for the institutions named: Institution. • Rate of interest. American Printing House for the Blind. Manliattan Savings Institution North American Commercial Company. 4 1 .2 Total $250, 000 • 75,000 .50, 000 375,COO The $200,000 of 4J per cent bonds formerly held for the Pennsylvania Company, as security under a contract, were surrendered by direction ofthe Secretary ofthe Treasury, the conditions ofthe contract having been fulfilled, and at the request of the owner Avere x^i'csented for redemx)tion. The bonds and other securities coinx>rised in the folloAving list belong to the United States, and are held for the Secretary of the Treasury: Kind. Arkansas" State bonds •. Louisiana State bonds - - -.' North Carolina State bonds "...... Tennessee State bonds Virginia State bonds Che.sape.ake and Ohio Canal bonds, guaranteed by Virginia South Carolina State stocks ........' Florida State stocks :,... '. '. Total Amount. $625,000 15, 000 17,000 21,000 41.000 12; 000 3, 000 63,000 .797, 000 A special dex^OvSit of $70,000 United" States 4 per cent bonds is held, in the name of the Comptroller of the Currency for the benefit of the creditors of the Fidelity E"ational Bank of Cincinnati. REDEMPTION OF NATIONAL-BANK NOTES. In prox^ortion to the A^olume of national-bank notes in circulation the redemptions continue heavy. The causes of this are doubtless to be found in the condition of the inoney supply of the country, and are probably the same as those which appear tohaA^e stimulated the return of the Government issues. A decrease of $13,254,883 has already been noticed in connection with the publicdebt in the fund for the retirement of national-bank ^circulation. The balance of this fund at the close of the fiscal year was $26,763,509.25. With no immediate prospect of any considerable fresh deposits, it is to be expected cthat the fund Avill continue to run doAvn. Some additions will be made from time to time under the provisions of law requiring deposits after the expiration of charters, but they will not be large. By arrangement Avith the Comx^troller of the Currency a change has been made in the method of treating fragments redeemable under- the regulations for less than the full face value of the note. The systeni of part valuation of fragments has never worked well in its axiplication to the issues of banks. When the redeniption agency was first established, ma;ny fragments valued in x^rox^ortion to their size came in. For a while i t w a s the x^i'^ctice to redeem them at the TREASURER. ' 27 valuation placed nxioii tliem by the Comptroller, and to hold them until they could be matched to make up full denominations. After some iiye years^ trial a considerable amount of them had accumulated, forming part of the-Treasurer's assets, but unavailable for use, the Comptroller refusing to accept them singly. I t was then decided that the Treasurer Avas not required to bear the risk attending this way of handling them, so they were sent out to the banks and charged to the redemption account, with instructions to hold them until thej^ could be matched and sent to the Comptroller. Thereafter when fragments came in for redemption they were returned to the owner, with the suggestion to axDply to the bank of issue. Some banks would accexit them, while others Avould not. In the one ca«e the bank had to lie out of the use of the money, and in the other the owner received nothing. No authority was exercised by the Department in such cases. Frequently banks would redeem under a misapprehension of the regulations, A good deal of correspondence and some dissatisfaction attended the workings of the plan. . Eecent legislation having clearly defined the responsibility of the banks for the full redemption of the circulating notes issued to them, and haAdhgalso established the principle that the profits arising fr'om loss or destruction shall accrue to the United States, the Department doubtless now has full authority to make and enforce proper regulations for the redemxition of fragments. The practice with regard to these has therefpre been changed, so that x^arts of notes valued under the regulations at half the original face are now received by the Treasurer dire©tly from the owner and delivered to the Comxitroller for credit of the circulation account of the bank of issue. In cases where tlie-Tedemption is through the 5 per cent fund, the bank will be temporarily deprived of the use of an equal amount of its circulation, but as a large X^roportion ofthe banks have surrendered their circulation, or x^art of it, by the dex^osit of laAvful money, thus retaining no interest whatever in its redemxjtion, less difficulty Avill be encountered than formerly in* disposing of fragmentary notes. ^ SAFES AND VAULTS. Attention is jesx3ectfully called to the labors of the Commission ap.pointed under the act of Congress approA^ed September 30, 1890, ^^for the purpose of reporting the best method of safe and vault "construction,, with a vicAv to renewing or imxiroving the vault facilities of the Treasury Department.'' By courtesy of the Secretary and the Commission, their report, rendered last summer, was forwarded through this office, where it has not failed to arouse the liveliest interest and to receive the most careful consideration, . r The report is so.ably x^repared, so exhaustive in the treatment of its subject, and so minute and comxolete in its exposition of the existing state of the manufacture to which it relates, that any attemxit to give an abstract of its contents is rendered impossible, if indeed such a notice of it would be proper in this x^lace under any circumstances. The only way in which it ought to be given x^ublicity is by printing it entire, and the hope is entertained that Congress Avill give it such circulation as it deserves, and as its A^alue will surely gain for it, in the form of an executive document. I t is a most important contribution to the literature of the subject, not only summarizing in brief space the X3resent development of the art, but also throwing out suggestions that must prove to be a poAA^erful stimulus to future invention. 28 . REPORT ON THE FINANCES. The Commission haye fully indorsed the representations heretofore made ofthe urgency of the needs of this office and the subtreasuries. They have also approved, in substance, the recommendations offered with reference to the extent of the reconstruction to be undertaken, and found no fault Avith the Department's estimates of the probable cost. Such high sanction should haye weight commensurate with its authority, l^ot the least important point brought out is that the development of improA^ements in vault construction is so rapid, that what is now the best may in a few years be out of date. The necessity, CA^en, of reconstruction at intervals of ten years or more, under the best of conditions and with the Avisest foresight, is contemplated. I t is apparent, therefore, that if the frill measure of the advantage to be gained from the labors of the Commission is to be realized, prom.x)t steps must be taken to carry their suggestions into effect. If delays are allowed to occur, the work of the Commission will x^roduce no practical result, and the movement which had its initiative in their appointment will have to be abandoned for a new beginning. PAPER CURRENCY ACCOUNTS. Thex)resent methods of keex^ing account of the issue and redemption df paxDcr inoney are imx^erfect and unsatisfactory. They do not afi'ord the certainty of correctness desirable in a) business of the magnitude to which this has grown. There being no record of the redemptions beyond a simple entry of date, denomination, and amount, fhe safeguards against error are insufficient. The sole reliance for accuracy is in the examination which the notes receive in passing through the Department. A mistake of description in the original schedule, if not discovered before the destruction of the notes, would probably be perpetuated. Worse than this, duplicate numbers, or numbers ncA^er regularly issued, would be passed without susxiicion. In either case, the fact of an error having occurred might not be brought to light for years, and then only by the condition of the account. If, for example, in the course of the liquidation of a particular issue an overdraft should appear, the fact of some irregularity Avould be patent,' but the correction, or even the location, of the irregularity itself might be impossible. ' While some improvement might perhaps be made in the details of the present method, it is doubtful if any system short of a complete numerical registry of every note, with the dates of issue and redemption, would be entirely satisfactory. Such records would not only be a valuable check against the occurrence of errors, but would also bear upon their face a certain evidence of their own integrity, and afford the means of tracing and correcting any mistake that might creep in. In concluding this report T desire to renew my commendation ot the faithfulness and efficiency with which those officially associated Anth me have performed their rexjonsible duties. . I have the honor tobe, very respectfully, your obedient servant, E. H. N E B E K E R , Treasurer of the United States. Hon. CHARLES FOSTER, Secretary ofthe Treasury, APPENDIX. IVo. i . — R E C E I P T S AND E X P E N D I T U R E S FOR THE F I S C A L YEAR 1892, AA^ARRANTS I S S U E D . Account. Internal revenue Uands ........'. Miscellaneous . . I n t e r i o r civil Treasurv nroner .. Diplomatic . • $177,452, 964.15 153,971,072.57 3,201,875.58 20,251,871.94 W a r Department Navv Denartment Interior Department, Indians Interior Department, pensions... I n t e r e s t on t h e n u b l i c d e b t . Total n e t Expenditures. Receipts. Repayments from u n e x p e n d e d ai3propriations. , ' 345, 023, 330.58 (rold certificates 70, 530. 000.00 109, 856i 000. 00 S i l v e r certificates C u r r e n c y certificates 71, 61)0, 000. 00 Refimdiuo* certificates . . . . . . . . . . . . . 62,204,000.00 United States notes *: Fractional curreucy One a n d t w o y e a r n o t e s of 1863 Compound-interest notes 7 3 0 s of 1864 a n d 1865 F u n d e d l o a n of 1907 15, 250.00 L o a n of 1860 ." F u n d e d loan of 1891 ~5-20's of 1862 i L o a n of 1863 10-40's of 1864 5-20s.of J u n e , 1864 Consols of 1865 . ; .• . . Consols of 1867 L o a n of J u l y 12,1882 Consols of 1868 F u n d e d l o a n of 1881 L o a n of J u l y a n d A u g u s t , 1861 Bounty-land scrip T r e a s u r y n o t e s , 1890 r 60,130,424.00 National-bank notes: redemption account 2, 977,838. 00 66,387,500.00 • 92,956,881.00 04,100, 000. 00 10, 340. 00 66, 264, 000. 00 4, 216. 98 480. 00 3,200.00 600.00 28, 642.92 428, 760. 90 27,890.99 80, 804. 02 1, 007, 677.78 6, 082 605 57 63, 380.45 87.20 . . ^ 736, 401, 296. 24 698,120, 687. 69 i ' " • •. 10, 000. 00 24, 273, 500. 00 1, 300. 00 50. 00 2, 200.00 1,000.00 4,450. 00 7, 500. 00 15. 700. 00 2, 000. 00 ' 850.00 10,650.00 50.00 8, 646, 770. 00 • : ! . . "• i j 1 j , ........................... 16, 232,721. 00 684, 019, 289. 56 12, 904,779.08 7, 751, 715. 22 750, 502, 694. 37 * • $31,865.39 10. 068,209.48 . 179,771.64 49, 094,186. 79 2,070, 915. 64 1,742, 400.25 5,181.47 4, 536,184. 09 171, 432. 09 ~ 46,895, 456. 30 1,953,173. 39 29,174,138. 98 620, 203. 75 • 11,150,577.67 382,010.27 134, 583, 052. 79 6,141,288.03 23, 378,116. 23 2,472.24 354, 937, 784.24 Affffrecate Counter, credits to appropriations. $19, 988, 290. 67 $1, 337, 723.64 14,412, 717. 33 40, 606. 92 T H E PUBLIC D E B T . Total B a l a n c e J u n e 30,1891 B a l a n c e J u n e 30,1892 AS SHOWN BY •• 1, 434, 521, 983. 93 • •• *. 1, 434, 521, 983. 93 12, 904,779. 08 7,751,715.22 29 30 No. REPORT ON THE FINANCES. 2 » — R E C E I P T S AND E X P E N D I T U R E S EOR EACH QUARTER OF THE FISCAL Y E A R 1892, AS SHOAVN B Y AVARRANTS I S S U E D . F i r s t quarter. Second q u a r iFourth quarThird quarter. ter. ter. 0 ' Total. REVENUES. Internal revenue Public lands...,. Miscellaneous $45,246, 059. 75 $40,409,109.15 $50, 777,989.19 $41,019,806.06 $177, 452, 964.15 39, 083,447.18 38, 444, 441.23 36,136, 715..52 40,306, 468. 64 153 971 072 .57 1, 001, 52L 88 908, 768.41 715, 836. 64 ,. 635, 748.-65 3, 261, 875. 58 4, 090, 704.14 4, 974, 982. 38 5,178, 537.11 . . . . . 6, 007, 648. 31 20,251,87L94 91, 245, ^23. 65 83, 945,776.40 92,605,523.73 87,140, 560.46 354 937 784 24 Civil a u d m i s c e l l a n e o u s . . 26, 441,197. 81 ' 13, 337,154.95 Navy Department . . . . 7, 562, 034. 04 I n d i a n s a n d p e n s i o n s . . . . . 28, 800. 693. 33 I n t e r e s t on t h e p u b l i c d e b t 3,705, 594.76 23, 357,024.37 11,438,417.34 7, 494,042.30 39, 047,137. 21 5, 860, 284.98 25,452, 357. 22 10,574,887.46 6, 747, 089. 33 37, 897, 837. 52 7,635,358.11 24, 591,409. 21 11,544, 996. 55 7,370,973.31 39,987, 962.40 6,126,878:38 99,841,988.61 46, 895, 456.30 29,174,138.98 145, 733, 630.46 23,378,116.23 87,196,906.20' 88,357, 529. 64 89, 622, 219.85 345, 023, 330.58 Total...:...'. EXPENDITUEES. Total. No. ..: 79, 846, 674.89 3 . — C O M P A R A T I A ^ E S T A T E M E N T OF B A L A N C E S I N T H E T R E A S U R Y AT T H E C L O S E OF THE F I S C A L YEARS 1891 AND 1892. B a l a n c e as s h o w n iu l a s t r e p o r t , J u n e 30,1891 . N e t r e v e n n e 1892 ;" N e t e x p e n d i t u r e s 1892 $354, 937, 784; 24 345,023, 330.58 E x c e s s of r e v o n a e o v e r e x p e n d i t u r e s . $698,120,687.69 9, 914,453. ( 708,035,141.35 Public debt. Issues dnring year. Redemptions during year. E x c e s s of E x c e s s of rei s s u e s over re- d e m p t i o n s o v e r demptions. issues. $1.5,250.^00 F u n d e d loan of 1907 . . . 109,856,000.00 $92, 956, 881. 00 Silver certificates 70,530,000.00 66, 387, 500. 00 Gold certificates 64,160,000.00 C u r r e n c y c e r t i f i c a t e s . . 71,690,000.00 TJniTed S t a t e s n o t e s . . . 66, 264, 000. 00. 66, 264, 000.00 10, 340. 00 R e f u n d i n g certificates. 4, 216. 98 Fractional currency... 24, 273, 500. 00 F u n d e d loan of 1 8 9 1 . . . National-bank notes: 2,977,838.00 16, 232, 721.00 redemption account . 8, 646, 770. 00 T r e a s u r v n o t e s of 1890. 60,130,424.0060,030.00 Matured debt $15, 250.00 16,899,119. 00 4,142, 500. 00 7, 530, 000. 00 T o t a l . . . . . . . . . . . . 381,463, 512.00 N e t excess of i s s u e s over r e d e m p t i o n s — 80,.070, 523.00 338,995,958.98 $10,3^0.00 4, 216.98 24,273, 500. 00 13,254,883.00 51,483, 654.0060,'OSO." 66 37, 602,969. 98 42,467,553.02 B a l a n c e J u n e 30, 1892 No. 750, 502, 694.37 <a.—RECEIPTS AND E X P E N D I T U R E S ON ACCOUNT OF T H E P O S T - O F F I C E D E P A R T MENT FOR THE FISCAL YEAR 1892, AS SHOWN BY W A R R A N T S I S S U E D . B y whom handled. The Treasurer. Postmasters... Total B a l a n c e J u n e 30,1891. B a l a n c e J u n e 30,1892 . Aggregate E e c e i p t s from postalrevenues Deficiency appropriation. $29, 930. 852.81 41, 297, 068. 99 , 700, 000.00 71, 227,921. 80 4, 700, 000. 00 Total leceipts. E x p e n d i t u r e s . $34, 630, 852.81 41, 297, 068. 99 75, 927. 921.80 i 4, 279, 819. 09 \ $35,820,063.23 41, 297, 068. 99 77,117,132. 22 '"3," 090," 608.'67 I 80, 207,740. 80,207,740.89 TREASURER. No. 31 5 . — A S S E T S AND L I A B I L I T I E S OF THE TREASURY O F F I C E S , J U N E 30, Washington. Now York. Baltimore. Philadelphia. 1892. Boston. ASSETS. Gold coin S t a n d a r d , s i l v e r dol l a r s . . F r a c t i o n a l silver coin . . . United States notes T r e a s u r y n o t e s of 1890'... National-banknotes .... Gold certificates . Silver certificates C u r r e u c y certificates M i n o r coin Fractional currency Bonds and interest paid . 301,607.75 ^5, 749,175. 00 360, 258. 00 4, 494, 224. 00 332, 651. 54 443,642.85 483, 370. 00 2, 831, 530. 00 261.825.00 88,143. 00 232,044.72 1, 373. 00 41, 060. 00 241, 270. 00 510, 482. 00 106,117. 00 170, ooo; 00 21, 792.40 23, 813. 52 437. 89 23. 00 $46, 722,971. 00 $4, 674, 592. 00 34. 692, 837. 00 11, 857, 263. 00 242, 800. 82 4; 858,-729. 01 18, 426,414. 00 6, 919, 841.00 245, 965. 00 1, 347, 338. 00 3,917.00 22, 065. 00 229, 550. 00 11, 264,150. 00 137,469.00 407, 579. 00 100, 000. 00 280, 000.00 63, 840. 39 190,732.07 40. 37 267.00 10,162. 61 $3,735,105.00 2, 028, 798. 00 510,853.75 844, 004. 00 209, 912.00 10,498. 00 1, 358, 300. 00 318,585.00 Total cash assets.. Transfer account. 183, 545, 329. 30 14,149,311. 37 26,895,483.83 118,222,977.69 24,475,545.58 9,128,152. 22 Aggregate . 210, 441,013.13 14,149, 311. 37 118, 222, 977. 69 24,475, 545.58 9,128,152.22 41, 592, 97 10,503.50 LIABILITIES. Outstanding drafts and checks — D i s b u r s i n g oificers' balances .._....-. Post-Olfice D e p a r t m e n t account B a n k n o t e 5 p e r c e n t red e m p t i o n fuud . : ' Other deposit aud redemption accounts -. 281,156. 38 12,775.63 955,708.69 291, 317.12. 147,115.79 2, 003, 646. 27 204, 217. 60 10,773,624.27 954,429. 23 978, 525.15 224, Oil. 94 47, 067. 26 1,110, 813. 48 313,002. 4D 394, 853. 44 6, 057,151. 50 2, 084, 034.45 17,010.00 696, 070.00 T o t a l a g e n c y account. 10, 650, 000. 60 281, 070.49 B a l a n c e to c r e d i t of miiits a u d a s s a y offices -,1,103,402. 23 Balance transfer account..'. 199,791,012. 53 12, 764, 838. 65 Balance general account 13,536,216.44 210,441,013.13- 14,149, 311. 37 Aggregate . Chicago. Cincinnati. 168,135.00 1,726,883.84" 123, 970.00 1,-644,464. 3 6,150, 590. 04 12, ll7,485. 23 2,470,618. 23 80,418, 685.98 20, 278, 043.51 1, 689. 930.22 5,793, 757. 62 118; 222,977.69 24,475, 545.58 9,128,152. 22 St. L o u i s . N e w Orleans San F r a n cisco. ASSETS. Gold coin $11, 382,700. 00 820, 652. 00 S t a n d a r d silver d o l l a r s - . . . . . F r a c t i o n a l silvt^r coin 121,128. 00 United States notes 1.536,400.00 T r e a s u r y n o t e s of 1 8 9 0 . . . . . National-bank notes 58, 000. 00 Gold certificates 383,930.00 Si Iver-certificates 654, 786. 00 Currenoj^ certificates M i n o r coin 31, 615. Fractional currency Bonds and interest paid '165. 00 $6, 589, 050. 00; 1,1.63,.058. 00 556, 983. 00; 2, 522, 384. OO! 353,950.00. ' 2 3 , 325. 00 953,740.00; 1,159,142. 00.; 40.000.00'. 44, 39L 47: Total cash assets. Unavailable 14, 989, 376.99 13, 409,153.47: 23,793,713. 33 21, 346,298. 39 74, 260,162..57 701,851.34 14,989,376.99 13,409,153. 47 23,793,713.33 22, 048,149. 73 74, 260,162. 57 Aggregate . LIABILITIES. $7,782, 705. 00 $4.298,432. 50 $46,875,182. 00 13,670,020. 00 15, 764, 974. 00 23,110, 296.00 829, 206.48 330, 628. 82 4,096, 846.40 399, 400. 00 - 30,419. 00 29, 561. 00 278, 657. 00 6, 358. 00 1, 500. 00 5, 435. 00 4, 860. 00 14, 815. 00 351, 730. 00 390, 570. 00 2,710.00 450, 674. 00 508,423.00 113,580.00 25, 825. 85 5, 633. 07 15,672.17 3,130. 00 . ' Outstanding drafts and checks :.. D i s b u r s i n g officers' balances Post-Office D e p a r t m e n t account O t h e r d e p o s i t a n d redeuip- j tion accouuts i 28,411.19! 160, 081. 35 201,483. 34 " 304,929.80 127, 869.41 112, 524.90! 699,567.09 369,130. 37 417, 552. 70 1, 003, 617.60 238,455.82; 414, 304, 131,539.33 44, 328. 92 . 133,09L85 766, 811. 48 1,264, 578.86 1 37, 890. 00: 32,760. 00 35, 640. 00 •Total a g e n c y a c c o u n t . I 417,281.911. 1,306,713.37 B a l a n c e t o credit" of m i n t s | ! a n d a s s a y offices I \ -. B a l a n c e t r a n s f e r a c c o u n t . . . j 1, 281,049.171 1, 678,435. 51 B a l a n c e g e n e r a l a c c o u n t . . . } ' 13, 291,045. 91! 10,424. 004. 59 797, 793. 04 Aggregate 14,989, 376; 99i 13, 409,153.47 76,159. 47 2,168, 052. 2 i 2. 304, 600. 38 2, 081, 004. 60 20, 751, 708. 62 18, 976, 731.87 70,913,679.05 23, 793, 713. 33 22,048,149.73 74,.260,162. 57 32 No. . " REPORT ON TPIE FINANCES, Go—ASSETS OF * THE T R E A S U R Y IN THE O F F I C E S , J U N E 30, CUSTODY 1892. Dahlonega. .Denver. ' , OF M I N T S AND . ASSAY C a r s o n City. N e w O r l e a n s . BULLION FUND. $5.00 $2, 428,186.41 37. .26 657, 568.14 4,126, 636. 00 444, 050.13 22, 035. 38 104, 896. 09 .02 133,169.28 , 78,778.87 Gold coin ' Gold b u l l i o n ." S t a n d a r d silver dollars Silver bullion ^ r F r a c t i o n a l s i l v e r coin T r e a s u i y n o t e s of 1890 M i n o r coiu • B a l a n c e in s u b t r e a s u r i e s a n d n a t i o n a l b a n k s Total available Unavailable $27, 950. 03 Afferee'ate 27, 950. 03 Philadelphia. $170, 000.00 1,009,485.53 9, 755, 901. 00 3, 862,470.56 185, 588. 92 50, 372. 50 495,643.21 78;82L15 7,916,541.43 15,529, 461.72 ' 78, 821.15 7,916, 541.43 15,529.46L72 Bois6 C i t y . Charlotte. SanFrancisco. BULLION FUND. Goldcoin '.. Gold b u l l i o n S t a n d a r d s i l v e r dollars -: Silver bullion ..." . . . ^ F r a c t i o n a l silver coin T r e a s u r y n o t e s t)f 1890 . . . ... M i n o r coin Balance in subtreasuries and n a t i o n a l b a n k s . $7,802,084.50 $6, 097,025.00 26, 359,776.41 3, 406, 897. 53 50, 063, 000. 00 36,301,366.00 64, 840, 786. 23 7,154,467.41 387, 618. 87 341,786.25 °42, 473.93 270, 988. 58 216, 315. 22 41, 211. 59 $31, 309.38 Total available Unavailable 152,565,819.71 53, 788, 845. 99 413, 557. 96 50. 369. 99 11, 611. 03 31 309 38 32,00.0.00 152,565,819:71 54, 202,403.95 . 61,981. 02 63, 309.38 61,98L02 63, 309.38 .• Aggregate, bullion fund 3, 070, 079. 77 $84. 35 9, 074. 05 MINOB-COIN METAL FUND. 5*0, 000. 00 United States notes 152,615,819.71 54,202,403.95 A g^re^'ate a s s e t s Helena. BULLION FUND. N e w York. • ... $26,724.42 310. 77 10.30 4L.00 .17 76,159.47 $16,499,295. 26 75,060, 824.36 100, 247, 220. 00 76, 757, 406.25 937, 061.77 41 00 468,73L10 64 83 6, 358,586. 73 78, 616.45 46,180,199. 35 103,246 13 ^^fi no.^ 9.rii ^ct ' 485i l l o ! 02 78, 616.45 46,186,199. 35, 103 ^46 13 '>'7fi fii^ -f^it S9 •50,000. 00 78, 616. 45 46,186,199. 35 103,246.13 276, 864, 350. 32 Minor-coin m e t a l fund.>.. AiT'Teffate a s s e t s Total. . ^ Gold coin . . ...: $1,910.00 • $34,976.31 43, 556, 284.71 Gold bullion 317. 00 S t a n d a r d s i l v e r dollars .; Silver b u l l i o n 455,321.15 F r a c t i o n a l s i l v e r coin 22. 05 United States notes T r e a s u r y n o t e s of 1890." 1 M i n o r coin.".. .•". 62.34 , 2.30 B a l a n c e in s u b t i ' e a s u r i e s a n d n a t i o n a l b a n k s . 43, 577. 80 2,172, 342.14 Total available Unavailable .• St. L o u i s . 33 TEEASUEEE. N o . y . — G E N E R A L D I S T R I B U T I O N OF T H E ASSETS AND L I A B I L I T I E S OF T H E T R E A S URY, J U N E 30, 1892. National ' I n transit bank and between other offices. depositaries. Mints and a s s a y offices. Treasury offices. TotaL ASSETS. * Goldcoin Gbld b u l l i o n . . . . . . . $164,111,520.25 $16, 499, 295. 26 $180,610,815.51 75, 060, 824. 36 .. 75,060,824.36 256,962, 380.00 100, 247, 220.00 $382.00 357, 209, 982.00 937, 061.77 14, 260, 593. 24 F r a c t i o n a l s i l v e r coin . . 13,323,530.67 .80 76,°757, 406.25 76, 757,406. 25 S i l v e r bullion 50,041. 00 3,197, 555. 22 37,276 919.22 U n i t e d S t a t e s n o t e s . . . . . 34,029,323.00 468,731.10 131, 000.00 . 3,453, 379;10 2, 853, 648.00 T r e a s u r y n o t e s of 1890 . . . 86, 000.00 National-bank notes 5, 462, 332.72 5, 376, 332.72 313, 300.00 15,217,010.00. 15, 530, 310. 00 Gold certificates 554,002. 00 4, 366, 837; 00 4, 920,839. 00 590,000. 00 590,000. 00 C u r r e n c y certificates .. 64.83 464,909.90 464 974.73 M i n o r coin . 478. 26 22.00 500.26 Fractional currency Deposits in national-bank denositaries 14,723, 212.04 $14,723,212.04 24, 251.11 1,854.00 26,105.11 Bonds and interest paid... < . T o t a l a v a i l a b l e a s s e t s . 497,^320,220. 91 270, 020, 644. 57 485,119.02 701,851:34 TTnavailable Balance in subtreasuries 6,358, 586.73 and national banks . . . . T r a n s f e r a c c o u n t . . . . . . . 26, 895,483.83 14, 723, 212. 04 4,284,116.02 . 786,348,193. 54 1,405,433. 91 218,463.55 6, 358,586.73 26, 895, 483. 83 524,917,556.08 276,864, 350. 32 14,941,675.59 4,284,116.02 • Aeffresate 821,007, 698.01 ^ LIABILITIES. Outstanding drafts a n d 2,570, 848.70 checks D i s b u r s i n g officers' bal17,516,835.84 ances Post-Office D e p a r t m e n t account 3, 051, 468. 86 Bank-note 5 p e r cent re6,057,151. 56 d e m p t i o n fund Other deposit and re- • 3,195,509.45 demption accounts 165,306.14 2,736,154.84 3,977,697.46 21,494,533.30 1,943.38 3,053,412.24 6,057,151.56 252,335. 62 3,447,845.07 252,335. 62 T o t a l a g e n c y a c c o u n t . 32,391,814.41 4,144,946.98. B a l a n c e t o c r e d i t of m i n t s a n d a s s a y offices 6, 226, 749. 51 131,837.22 B a l a n c e t r a n s f e r a c c o u n t . . 26, 895,483. 83 B a l a n c e g e n e r a l a c c o u n t . . . 459,403, 508.33 276,864, 350. 32 10, 664, 891.39 4,031,780.40 36, 789,097.01 Affereffate No. 524,917,556.08 276,864,350.32 14, 941,675.59 14,284,116.02 0,358,586. 73 26, 895,483. 83 750, 964, 530.44 821,007,698.01 § . — A S S E T S AND L I A B I L I T I E S O F T H E T R E A S U R Y , J U N E 30> 1891 A N D 1892. J u n e 30,1891. J u n e 30; 1892 ASSETS. Gold: Coin Bullion $177,820, 886. 90 61, 311, 341. 63 $180,610,726.16 75, 060, 913.71 9,132,228.53 Silver: Dollars Fractional coin Bullion Trade-dollar bars. , 346,833, 089. 00 19, 629,479.80 28, 516,127.01 4,768,247.70 $255,671,639.87 357,171, 273.00 14,227,774.29 76,757,.406.25 399,746,943.51 Paper: United States notes..., Treasury notes of 1890 National-bank notes.. Gold certificates Silver certificates , Currency certificates . 25, 348, 656. 50 9, 879,713.25 5, 706, 928.65 32„423, 360. 00 7,479,219.00 •1,905,000.00 82,742,877.40 FI 92 3 448,156,453.54 37,121, i n . 55 3,453,379.10 5,462, 332. 72 15, 530, 310.00 4,920,839.00 590,000.00 67,077,972.37 34 REPORT ON THE FINANCES, N o . 8.—ASSETS AND LIABILITIES OF THE TREASURY, ETC.—Continued. J u n e 30,1891. ASSETS—con t i n n e d . Other: M i n o r coin ^ Fractional currency D e p o s i t s i n n a t i o n a l - b a n k deposit a r i e s . . . •. Bonds and interest paid $328,038. 98 911.90 J u n e 30,1892. $464,974.73 500.26 26,369,482. 31 27, 384. 22 14,726, 914. 21 26,105.11 1,725,817.41 Aggregate $15,218,494.31 748, 347, 866. 85 786,124, i LIABILITIES. Agency account: Outstanding drafts and checks.. D i s b u r s i n g officers' b a l a n c e s Post-Office D e p a r t m e n t a c c o u n t - . Bank- n o t e 5 p e r c e n t r e d e m p t i o n fund Other deposit a n d redemption accounts. General«»account: Gold certificates S i l v e r certificates C u r r e n c y certificates . . . T r e a s u r y n o t e s of 1890. Balance.. ,... 6,080, 887.77 32, 300,452.41 4, 242, 608.13 4, 900, 866.81 6,057,15L56 2, 759, 194.24 1, 921, 957.27 50,290,009.36 152,486, 429. 00 314, 715, 185.00 23, 780, 000.00 50, 228, 417. 00 156,847, 826.49 Aggregate. NOc 9.-^ASSETS 2,736,154.84 22,793, 085.48 3,053,412. 24 AND LIABILITIES 30,561,76L39 156,023,929.00 331, 614. 304.00 30,430,000.00 101, 712, 07L 00 129,182,494.70 698,057,857.49 . 749,562,798.70 748, 347,866.85 786,124,560.09 OF T H E TREASURY, SEPTEMBER 30, 1891 AND 1892. . S e p t e m b e r 30,1891. Gold: Coin Bullion $178, 631, 016. 26 "6,343,774. 68 Silver: Dollars F r a c t i o n a l coin Bullion Trade-dollar bars . . Paper: United States notes — T r e a s u r y n o t e s of 1890. National-bank notes — Gold certificates Silver c e r t i f i c a t e s . . . . . . Currency certificates.. Other: M i n o r coin a n d f r a c t i o n a l curr e n cy D e p o s i t s i n n a t i o n a l - b a n k depositaries Bonds and interest paid S e p t e m b e r 30,1892. $164, 550,486.37 76, 055, 422. 21 $244,974,790.94 348, 341.193. 00 16, 846, 619.77 41, 579, 253.44 2, 394, 260. 04 $240, 605,908.58 356,173, 732. 00 12, 551,497. 61 86, 000, 553. 70 409,161,326.25 19,949, 814. 84 7,045,902.00 5, 695, 080.48 28, 332, 4.90. 00 2, 920, 072; 00 1, 990, 000.00 454,725,783.31 24, 077, 857. 81 5,482,485. 00 7, 701, 652.12 25,345,590. 00 2, 619,477. 00 970,000.00 65,933,359.32 365,467.93 66,197,061.93 505,734.45 21,137, 976.79 95, 288. 66 15,496, 513. 29 273, 590.87 21,598,733.88 16,275, 838. 61 741, 668, 209.89 Aggregate 777,804,592.43 LIABILITIES. Agency account: . O u t s t a n d i n g drafts a n d c h e c k s . . iDisbursing"officers' b a l a n c e s Bank-note 5 p e r cent redemption fund Other deposit s ^ d redemption accounts... . General account: Gold certificates S i l v e r certificates C u r r e n c y certificates . . T r e a s u r y n o t e s of 1890. Balance Aggregate .^ 6, 347,503.53 30, 603, 560.38 5, 002, 553.69 24,124,779. 53 5,993,703.85 6,262,414.90 3, 928, 725.52 3,749, 297.97 46,873,493.28 140,784,059. 00 324, 936, 559. 00 19, 835, 000.00 64, 251,130. 00 144, 987,968. 61 : 39,139,046.09 146,555, 989. 00 329, 469, 304. 00 18, 260,000.00 112,484, 335. 00 131,895,918. 34 694,794, 716.61 738,665,546.34 741,668,209.89 777,804,592.43 TREASURER. 35 N o . ido—UNAVAILABLE FUNDS OF THE GENERAI. TREASURY AND OF THE POSTOFFICE DEPARTMENT. • ' / GENERAL TREASURY, On deposit with the)following States under the act of J u n e 23, 1836: • ' „ : Maine .^. $955,838.25 NewHampshire ..'... . 669,086.79 Vermont.... : • 669,086.79 . Massachusetts 1,338,173.58 Connecticut 764,670.60 Rhodelsland 382,335.30 New-York = 4,014,520.71 Pennsylvania 2,867,514.78 New J'ersey '. 764,- 670.60 Ohio ...: : 2,007,260.34 Indiana! .^ 860,254.44 Illinois 477,919.14 Michigan 286,751.49 Delaware 286,7K[.49 Maryland.... 955,838.25 Virginia 2,198,427.99 North Carolina J 1,433,757.39 • South Carolina 1,051,422.09 Georgia -• 1,051,422.09 Alabama 669,086. 79 Louisiana 477,919.14 Mississippi.. =. : 382, 335.30 Tennessee :... 1,433,757.39 Kentucky 1,433,757.'39 Missouri.. • 382,335.30 ' Arkansas 286,75L49 Total on deposit with-the States Deficits and defalcations: Subtreasuries: , Defalcation, subtreasriry United States, New Orleans, 1867, May & Whitaker subtreasury United States, New Orleans, 1867, Mav property . . : : Deficit, subtreasury United States, New Orleans, 1885... .Mints and assay offices: Deficits and defalcations, branch mint United States, San Francisco, 1857 to 1869.. ' Defalcaition, branch mint United States, Dahlonega, 1861. branch inint United States, Charlotte, 1861.. United States assay office, Bois6 City, 1885, " N.H. Camp's account... National^bank'depoaitariea: Failure, Venango National Bank of Franklin, Pa First National Bajik of Selma, Ala - ».. a oo...$28» 101^644.91 " 5,566.31 20.959.81 \ _ $701,85L84 413,557.96 27,950.03 32,000.00 11,611.03 : — 181,377.51 33,383.87 Depositories United States: Defalcation, depository United States, Galveston, 1861... depository United States, Baltimore, 1866... depositor^r United States, Pittsburg, 1867 Deficit,, depository United States, Santa Fe, 1866, short in remittance .' • . Total deficits aiiddefalcations..-.... = o=-: ..;... Total general treasury -. — • 675,325.22 485,119.02 214,76L38 778.66 547.50 2,126.11 249.90 3,702.17 1,405,433.91 29,507,078.82 POST-OFFICE DEPARTMENT. "Defalcation, subtreasury United States, New Orleans, 1861 depository United States, Savannah, 1861 depository United States, Galveston^ I86I depository United States, Little Rock, 1861 Aggregate ..:... : o.o„„..,..„o..o.„oc,oooooo...o»...oo... 31,164.44 205.76 83.36 5,823.50 37,277.06 29,544';.355.88 36 No. REPORT ON T H E FINANCES. 1 1 . — F R A C T I O N A L S I L V E R C O I N OF EACH DENOMINATION I N E A C H O F F I C E O F THE T R E A S U R Y AND M I N T , J U N E 30, 1892. Fifty cents. Twenty-five cents. Twenty cents. Ten cents. Washington $1,175,760.00 271,250.00 Baltimore . . . . . . . . 128,950.00 284,000. 00 Chicago Cincinnati . . . . . . 156, 395. 00 N e w Orleans . . . ' 3, 805,000.00 New York Philadelphia 3, 624, 616.50 SanFrancisco 341,400.00 St.Louis $106,780.00 95,400. 00 231,785.00 197, 000. 00 17, 000. 00 125,030. 00 606, 000.00 96, 000.00 184, 705.25 118, 200.00 $2.80 50.00 100.00 $23,270.00 55,800.00 58, 478.80 26, 000.00 •26,000.00 45,335.00 315, 000.00 63, 000.00 92, 791. 70 43, 000. 00 Office.' Five cents. Three cents. $28.00 350.00 1,000.00 $2.94 60.00 66.00 Unassorted. TKBAS'URY. 80.00 10.80 • 50.00 $26, 807. 80 20,732.85 90,473.95 49,983; 00 78,128. 00 3, 513. 82 132,729. 01 83,570.82 194, 000.00 326, 366.48 275. 00 200.00 722.15 250.00 30.00 MINT. Carson City N e w Orleans Philadelphia San Francisco Helena New York St. L o a i s < i.. Total 7,403.75 64,000. 00 58,000.00 88, 562.75 9, 803.50 20,000.00 2,000. 00 96,000.00 . 4, 828.10 . 50,000.00 142, 627.10 61,503.50 5.75 3.30 1,995, 872.50 293. 60 1,013,637.50 .13. 00 45,1)88. 55 184,991. 70 95, 720.00 62 '34 10.30 ,9,915,188.^00 2, 825.15 158. 94 1, 332, 678. 62 N o . 1 2 « — M I N O R C O I N OF E A C H DENOMINATION I N EACH O F F I C E OF T H E T R E A S U R Y AND M I N T , J U N E 30, 1892. Office. F i v e cents. Threecents. Two cents. One cent. Total. Unassorted. TREASURY. Washington Baltimore Boston Chicago Cincinnati N e w Orleans New York Philadelphia . . . San Francisco . . . . St.Louis $15,37L00 9, 950.00 26,370.00 17,550. 00 16, 600.00 500.00 119,325.00 45,000.00 12, 003. 30 18,150.00 $750.00 1,350.00 $170.00 4,680.00 3,1'80.00' 943.23 .119.62 $3,967.00 10, 290.00 8, 444. 00 18, 860. 00 4,700.00 4,880.75 48,260.00 9,500.00 2, 606. 02 2,970.00 4,705.85 $21,792.40 23,813.52 41, 592.97 44, 391.47 31, 615.99 5,633.07 190,732.07 63,840. 39 15, 672.17 25,825.85 .02 2.30 .17 .02 - 2.30 .17 58,422.47 464,912.39 $1,534.40 2,223.52 6,778.97 7,98L47 10,315.99 252.32 15,287.07 9, 340.39 MINT. Philadelphia Denver New York St.Louis Total.. 280,819.30 7,723.23 3,469.62 114,477.77 N o . 1 3 . — R E C O N C I L I A T I O N O F T H E SEVERAL ACCOUNTS AND STATEMENTS OF C A S H I N T H E T R E A S U R Y , J U N E 30, 1892. Cash in the Treasury, as shown in the monthly debt statement Add.receipts prior to J u l y 1, not yet reported to the Treasurer: Treasury offices National bank depositaries For certificates of deposit, act of J u n e 8, 1872 : For gold certificatea, series of 1888 $785,487,984.81 •. $1,026,493.93 1,496,194.58 " 110,000.00 25,000.00 i ^ 2,657,688.51 788,145,673.32 Deduct excess of disbursements over receipts, agency account, prior to J u l y l , not yet reported And unavailable funds treated in the monthly statement of assets and liabilities as cash 1,988,542.39 32,570.84 2,021,113.23 Aggregate available assets, as stated iri this report , Deduct amount on deposit, agency account, as finally ascertained..'. 786,124, 560.09 36,561,761.39 Available funds, general account, as stated in this report Add unavailable funds 749,562,798.70 1,405,433.91 Balance, general account, as shown by the Treasurer's books 750,968,232.61 37 TREASURER. Deduct receipts prior to July 1, not yet covered by warrant: Washingtdn Baltimore NewYork 1 Philadelphia Boston... ^ Cincinnati Chicago St. Louis NewOrleans.... San Francisco National bank depositaries - - $115,306;27 40,059.38 18,795.10 . 60,873.63 • 1,389.68 3,376.56 55,995.86 27,263.58 . 856.48 44, 805.63 •96,816.07 — $465,538.24. -- Balance of covered moneys, general account Add amount on deposit with the States, not borne ou the Treasurer's books :. 750, 502,694.37 .28,101,644.91 Balance standing charged to the Treasurer on the Register of the Treasury's books 778, 604, 339.28 N o . 1 4 . — S E M I - A N N U A L D U T Y COLLECTED FROM NATIONAL BANKS FOR EACH FISCAL YEAR, On circulation. Fiscal year. 1864.. .1865.. 1866.. 1867.. 1868.1869-. 1870.. 1871.. 1872.. 1873.. 1874.. 1875.. 1876.. 1877.. 1878.. 1879.. 1880.. 1881-. 1882.. 1883.. 1884.. 1885-. 1886.. 1887. 1888. 1889189018911892Total On deposits. On capital. Total. $53, 193.32 733, 247. 59 106, 785.30 868, 636. 78 946, 343. 07 957, 416. 73 949, 744.13 987, 021.69 193, 570.03 353, 186.13 404, 483.11 283, 450.89 091, 795.76 900, 957.53 948, 047. 08 009, 647.16 153, 635. 63 121, 374.33 190, 981.98 132, 006. 73 024, 668.24 794, 584. 01 592, 021.33 OU, 922.75 6113, 127.53 410, 331. 84 254, 839.65 216, 104.72 331, 287. 26 $95, 911.87 1, 087,530. 86 2, 633,102.77 . 2, 650,180. 09 2,564, 143.44 2,614, 553. 58 2, 614,767. 61 2, 802,840. 85 3,120, 984.37 3,196, 569. 29 3,209, 967. 72 3,514, 265.39 3', 505,129. 64 3,451, 965. 38 3, 273,IIL 74 3, 309,668.90 4, 058,710. 61 4, 940,945.12 5, 521,927.47 2, 773,790.46 $18,432.07 133, 251.15 406,947.74 321,881. 36 306,781. 67 312,918.68 375,962.26 385, 292:13 389, 356. 27 454,891. 51 469, 048. 02 507,417.76 632, 296.16 660, 784.90 560, 296. 83 401,920. 61 379,424.19 431, 233.10 437, 774. 90 .269, 976. 43 $167,537.26 1,954 029.60 5,146, 835.81 5, 840, 698.23 5,817,268.18 5,884,888.99 5, 940,474.00 6,175,154.67 6,703, 910.67 7, 004,646.93 7, 083,498.85 7,305,134.04 7,229,221.56 7,013,707. 8i 6,781,455.65 6, 721, 236. 67 7, 591,770.43 8,493,552. 55 9,150, 684.35 6,175,773. 62 3,024, 668. 24 2, 794,584. 01 2,592, 021.33 2,044,922.75 1,616,127.53 1,410, 331. 84 1,254, 839. 65 1,216,104.72 •1, 331, 287.26 72,670,412.30 60,940, 067.16 7,855,887.74 141,466, 367.20 N o . 1 5 . — U N I T E D STATES BONDS OF EACH' L O A N H E L D I N T R U S T F O R NATIONAL BANKS, J U N E 30, 1891 AND 1892, AND CHANGES DURING THE F I S C A L YEAR. Account. Bonds held in trust June 30,1891: For circulation For public m o n e y s . . . . . . . . . . Bonds issued Funded loan Funded loan Funded loan to Pacific of 1891 conof 1891 m of 1907 (4 railroads (2 per per cent). tinued (6 per cent). percent). cent). $7,957,000 $22, 565,950 . 2,113,000 3, 353,000 $111,985,950 20,883, 500 Total. $142,508,900 26,349,500 10,070,000 25,918,950 132,869,450' Deposited and withdrawn during fiscal year: For circulationDeposited W^ithdrawn ~ For public moneys—] Deposited W ithdrawn 3,838,000 195,000 1,580,000 24,145,050 20,779,900 3, 001,150 $22,377,850 552, 500 48,575,750 27, 894, 600 410,000 1,407,000 3,353,000 850, 000 8,730, 500 2,158. 000 425, 000 3, 418,.000 • 13,915, 500 Bonds held in trust June 30,1892: For circulation For public moneys 11,600,000 1,116,000 129, 764, 700 13,003,000 21, 825, 350 1,733,000 163 190 050 15, 852, 000 12,716,000 142,767,700 23,558,350 179, 042,050 Total " Total 168,858,400 38 - No. REPORT ON THE FINANCES 1 6 . — R E C E I P T S AND DISBURSEMENTS OF P U B L I C M O N E Y S THROUGH NATIONALBANK D E P O S I T A R I E S , B Y FISCAL Y E A R S . Fiscal year. 1864.... 1865 1866 1867 1868 1869 1870 1871 1872 1873 . . 1874 1875 1,876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887..... 1888 1889 1890 1891 1892 Receipts. F u n d s transFunds transf e r r e d to T r e a s D r a f t s d r a w n on ferred t o deposi- u r y b y d e p o s i t a r y d e p o s i t a r y b a n k s . , . tary banks. banks. $153, 395,108.71 $816,000.00 987,564, 639.14 8,110,294.70 497,566,676.42 13,523, 972.62 351,737,083.83 - 8,405, 903. 63 225, 244,144.75 9,404, 392.00 105,160, 573. 67 10,052,199.44 2,466,521.06 -... 120, 084, 04L 79 99, 299, 840. 85 2, 633,129.45 106,104,855.16 3, 050,444. 05 169, 602,743. 98 9,00'4, 842.49 91,108, 846.70 2,729, 958. 81 98, 228, 249. 53 1,737,445.60 97,402, 227. 57 - 2,445,451.49 106,470, 261. 22 . 2, 353,196. 29 99,781, 053.48 2, 385, 920. 38 : 109,397,525.67 6,890, 489.06 119,493,171. 94 6, 489,634.17 131,820, 002. 20 • 5,646,092.46 143,261,54L 41 5, 256, 574.29 f... 145,974, 256.86 5, 292,840. 22 129,100,449. 35 5, 501,161.18 119.056, 058.94 4,798,782.35 123.592, 221. 68 8,786,546.55 128,482,769. 20 11,476,372. 92 132,591,946.77 80,082,442.39 139, 3i6, 214.49 , 20,723, 547.15 147, 761, 566.81 20, 285,150.91 152, 389, 837. 70 21, 364,103. 93 159, 380,415.47 24,793, 023. 09 T o t a l . . . 5,190,368,325.29 306,506,432.68 $85,507,674.08 583,697,912.72 363, 085,565. 65 331,039,872. 57 215, 311,460.69 114, 748, 877. 24 111, 123,926.18 89,428,544.04 94,938,603.76 108,089, 786.76 134, 869,112.57 82,184, 304. 05 89,981,140. 99 94, 276,400. 35 90,177,963.35 100,498,469. 29 109,641, 232. 64 118,143,724.91 129,131,305.07 132,075,358.80 116,227,722.17 105,952, 609. 09 112,862,815.24 118, 372,954.27 161,168,708. 67 152,^338, 700. 22 . 163, 808,952.13 ~ 154,461, 345.29 172, 351,836. 36 Balance. $28,726,695.88 $39, 976,738.75 415,887,767.81 36 065 992 06 149,772,756.11 34, 298, 319.34 37, 218, 612.76 26,182,821.47 22,218,187.92 23, 301,709. 61 • 14,890,463. 75 8, 875,141. 73 11,818, 228.61 8,483,549. 79 13,790,96L01 7,197,015. 04 13,635,837.49 7,777,873 00 16,110,519.07 62,185,153.64 13,364,554.62 '' 7,790,292.06 13, 657, 678. 25 11,914,004. 89 13,909, 616.83 7,870,920.13 14,862, 200. 88 7,555, 776.41 12,606,870.60 6, 937,916. 32 15,544,058. 34 7,183,403.42 15,525, 023.03 7,999, 953.86 18,388r772.82 8, 933, 550. 79 18,709,928.56 . 9,610,432.86 18,771,472.81 10,030, 698. 33 17, 688, 442.52 10,716,144.17 17,633, 235. 03 10, 985,141. 34 16, 464, 462.15 14 036 632 -18 16,432,743. 24 19,190,076. 79 15, 782, 267. 54 54, 913,489. 74 19, 309,039. 25 43, 305, 511. 91 20,548,812. 80 26,994, 464.70 23, 386, 731.39 22,900,329.65 22,162,485.24 12, 559, 446. 61 4,435,496,885.15 ' 1,048,818,426.21 N o . I ' y . — N U M B E R OF NATIONAL BANKS AND OF NATIONAL-BANK D E P O S I T A R I E S AND AMOUNT OF BONDS H E L D FOR THEM AT THE CLOSE OF E A C H F I S C A L YEAR. Fiscalyear." 1863. 1864. 1865. 1866. 1867. 1868. 1869. 1870. 1871. 1872. 1873. 1874. 1875. 1876 . 1877 . 1878. 1879. 1880. 1881. 1882. 1883. 1884. 1885'. 1886. 1887. 1888. 1889. 1890. 1891. 1892. Number Bonds held B o n d s held Number of d e p o s i t o s e c u r e cirto secure of b a n k s . culation. taries.' public funds. 26 467 1,294 1,634 1,636 1,640 1,619 1,612 1,723 1,853 . 1,968 1,983 2,076 2,091 2,078 2,056 2,048 2,076 2,115 2,239 2,417 % 625 2,689 2,809 3,014 3,128 3,262 3,508 3,675 3,765 $1, 185, 750 204 44, 266, 900 $30,009, 750 330 32,707,500 235, 989,700 382 38,177, 500 327, 310, 350 385 -340, 607,500 39,177,950 .370 341, 495, 900 38,517,950 276 851,600 25,423, 350 342, 148 16,072, 500 342, 278, 550 159 885, 550 15, 536, 500 359, 163 15, 329, 000 380, 440,700 158 410, 550 15, 210, 000 390, 154 15, 390, 200 391, 171,200 145. 376, 314,500 14,547,200 143 341, 394i 750 • 14,578,000 145 338, 713, 600 15,377,000 124 349, 546, 400 13, 858, 000 127 354, .254, 600 14,421, 400 131 361, 652, 050 14,777, 000 130 360, 505,900 15,295, 500 134 360, 722,700 15, 925,000 140 356, 596, 500 17,116, 000 135 334, 147, 850 17, 060, 000 132 312, 145, 200 17, 607, 000 160 275, 974,800 19, 659,.900 200 191, 966, 700 26,485,500 290 178, 312, 650 56,128, 000 270 148, 121,450 45,222,000 205 145, 228.300 29, 713, 000 185 142, 508. 900 26, 349, 500 159 190,050 15,852,000 T o t a l of b o n d s held. $1,185,750 74, 276, 650 268,697,200 365, 487,850 - 379,785,450 380, 013,850 368, 274, 950 358, 351,050 375, 422, 050 395,769, 700 405, 620,550 406, 561,400 390,861,700 355, 972, 750 354,090,600 363,404, 400 368, 676, 000 376,429, 050 375,801,400 376, 647, 700 373,712,500 351, 207, 850 329,752, 200 295, 634,700 218,452, 200 234,440, 650 193, 343, 450 174, 941, 300 168, 858,400 179,042, 050 39 TREASURER. N o . 1 8 . - -BONDS HELD FOR THE SINKING FUNDS OF THE PACIFIC RAILROAD COMPANIES AT THE C L O S E O F E A C H F I S C A L Y E A R . First-mortF u n d e d loan B o n d s i s s u e d g a g e b o n d s t o Pacific of 1907 of Pacific railroads (4 p e r c e n t ) . railroads ( 6 p e r c e n t ) . (6 p e r c e n t ) , Year. XINION PACIFIC. 1881 t o 1884 1885 . . . . 1886 . . 1887 1888 1889..1890 1891 1892 . . . . , .. $32,650 3,123,650 4,218,650 4,478, 650 4,478, 650. 4,478, 650 2, 908,250 ..' . : / .- . . Total. .: . .. -. $361,000 361,000 V 361,000 1,043, 000 • 1,043,000 1,043,000 1,043, 000 1,043,000 188,000 $360, 000 1,195, 000 2,018, 000 4, 666, 500 8,906, 500 . 10,973,500 $393,650 3,484, 650 4, 579, 650 5, 881, 650 6,716, 650 7, 539,650 8,617,750 9,949, 500 11,161,500 42, 000 352,000 666, 000 1, 009, 000 1,435, 000 2,174,000 444, 000 2,590, 000 2,900, 000 3,214, GOO 3, 557,000 3, 983, 000 4; 435, 000 . CENTEAL PACIFIC. 1881tol886 1887 1888. J 1889 1890 1891 1892.. 444,000 2,- 548, 000 2, 548, 000 2, 548, 000 2, 548, 000 2; 548, 000 2,261,000 :_ . . . ' . . • '.... *. ; ...i . N o . .19.—RECEIPTS^AND DISBURSEMENTS O F T H E S E V E R A L K I N D S O F M O N E Y AT THE T R E A S U R Y O F F I C E S ON ALL ACCOUNTS F O R T H E F I S C A L Y E A R 1892. , Baltimore. N e w York. Philadelphia.. $2,.005,357 $273,630 1,151,525 1,275, 370 1,632, 649 1, 570, 897 ... 14, 294, 292 143, 067,651 ' 1,455, 272 70,432, 013 384, 625 66, 691, 365 1,369,472 76,689,6.59 8,617,920 208,159,810 $95,406,071 6, 705,489 11,198,324 168, 789, 215 143,857,617 2, 775,984 454,428,211 104,602,748 $10,754, 538 3,981,921 3-;574,676 32,232,444 6, 550, 305 885,450 8,188,020 34,041, 065 $1,632,493 3,419,226 1 986 006 20, 631,407 3,467,313 1,453, 269 5,906 560 29,951, 587 68,447,861 Washington. Kind. Boston. RECEIPTS. Gold coin Standard silver dollars ; F r a c t i o n a l s i l v e r coin United States notes T r e a s u r y n o t e s of 1890 . - National-bank notes Grold certificates S i l v e r certificates ' Total 568,160,395 30,911,112 987,763,659 . 100, 209,019 98, 493 946, 286 1,774,717 145,147, 638 61,156, 550 66, 691, 365 96,082,750 209, 644,-843 1,920,432 713, 319 1,461,366 12,273, 053 1,507,584 373,''000 2,032, 280 8, 559, 560 105,662,068 3, 696,572 15,587,404 105,743,157 149, 233, 426 ' 2,769, 300 459,769, 372 96; 831, 548 11,817, 600 2,317,452 3, 486,773 27,541,430 6,444,271 884,000 8, 054,800 34, 313,195 2,927,211 3,277,403 1,798, 996 21, 781, 662 3, 222, 037 • 1,754,000 8,004,080 30,324,822 581,542, 642 28, 840,594. 999,292,847 94,859,521 73,090,2li Cincinnati. Chicago. St. L o u i s . $4,767,702 5,175,123 . 3,444,667 18, 029, 670 750, 465 2, 022, 835 4,029, 490 24,073, (552. $796,375 $854,140 5,170,580 5,975,146 2, 324, 715 1,104,677 9,160,187 9, 850, 638 1,779,457 4,128. 314 893, 597 ^ 852,074 2,175,610' 1,886,180 23,266,109 14, 872,597 62,293,604 45,566,630 DISBURSEBIENTS. Gold coin Standard silver dollars F r a c t i o n a l s i l v e r coin United States notes . T r e a s u r y n o t e s of 1890 National-bank notes Gold certificates S i l v e r certificates. ' , ... Total Kind. New Orleans. San F r a n cisco.. RECEIPTS. Goldcoin . Standard silver dollars F r a c t i o n a l s i l v e r coin United States notes > T r e a s u r y n o t e s of 1890 . . National-banknotes... . . . . . . G o l d certificates .... S i l v e r certificates Total...CO.. .. $685,635 2,164, 395 1,852,556 6, 920,932 125 800 1,878, 895 593,175 5,917,575 •20,138.963 39,523,766 $28,345,478 2,357,954 2,100,874 260, 660 1, 500 113,935 41' 270 508, 202 33,731,873 40 REPORT ON T H E FINANCES. "No 1 9 . — R E C E I P T S AND DISBURSEMENTS OF THE SEVERAL K I N D S OF M O N E Y A T THE TREASURY O F F I C E S ON ALL ACCOUNTS, ETC.—Continued.Kind. Chicago. St. Louis. New Orleans. $4,164 2,158,155 1, 578, 686 7, 526, 082 113,293 1,816,010 1, 046, 000 6,889,086 $2,194,722 . 5,231,120 3,728,771 18, 585,784 396, 515 2, 010,540 11,821,420 23,782,726 $353,655 4,099,105 2,289, 656 9, 522, 868 1,509; 300 882,404 2,231,310 23,154, 685 $7,880 $26, 226, 232 3, 080,207 556, 004 1,081,467 3, 964,664 264, 257 9, 659, 588 1,900 -4, 260,470 115, 000 849,000 2, 595, 310 43,720 14,498,257 . 681,715 21,131,476 67,751, 598 44,042,983 36, 032,179 Cincinnati. San Francisco. DISBURSEMENTS. Gold coin •. Standard silver dollars Fractional silver coin United States notes...'. Treasury notes of 1890. National-bank notes Gold certificates Silver certificates .... Total 31,853,492 N o . 2 0 . — R E C E I P T S AND DISBURSEMENTS OF ALL KINDS O F M O N E Y AT T H E S U B TREASURY IN N E W YORK ON ALL ACCOUNTS SAVE E X C H A N G E , DURING THE F I S CAL YEAR 1892. . Kind. Receipts. . Disbursements. Gain. Loss. July. Gold coin Standard silver dollars Fractional silver coin United States notes Treasury notes* of 1890 National-bank notes Gold certificates Silver certificates. Total • $3,177,385 $439,135 $2,738,250 581,300 118,797 462,503 852,865 1,174, 636 18,345,059 15,697,128 2,647,931 11,926,104 10,410,961 1, 515,143 176,420 232,000 28,344,784 31,380,040 5,796, 324 -. 8,516,225 .".... ^ ". .?.... 67,968,922 7,363,827 3,022,383 ^1,569,490 507,581 153,664 400,968 811, 968. 14,964, 909 12,214,821 14T002,444 11,245,585 240, 000 173, 949 29,910, 729 26, 611,409 6,760,810 3,568,570 1,452,893 353,917 411, 000 2,750,088 2,756, 859 69,200,241 August. Gold coin . . . Standard silver dollars •Fractional silver coin United States notes Treasury notes of 1890.-1 National-bank notes Gold certificates....; . Silver certificates '. ^ .•- 66,962,533 Total 3,299, 320 $321,771 55 580 3,035 250 2,719, 901 6,132,508 66,051 3,192,240 59,196,747 11, 024, 077 7,135,796 1, 304,962 550, 851 109,243 810,207 1, 338, 607 18, 914, 404 26,035,497 12, 942, 971 17,799,922 192,196 247, 000 28, 608,905 37,719,278 3,616,513 7,949,728 5,830, 834 441,608 72,771,843 92,504, 237 6,272,442 23,426,093 502, 015 894,669 12, 023,230 10,159, 811 222, 600 31 767 745 3', 805i 659 399,780 23,026, 313 123,904 378, 111 535,612 359,057 18,495,512 6,472,282 14,108,421 . 3,948,610 278,000 55,400 50,596,031 828, 286 /-- 18,3,068, , 6, 874,381 722 82,801,822 91,411,641 3 258 291 September. Gold coin =.Standard silver dollars Fractional silver coin United States notes Treasury notes of 1890 National-bank notes ... . Gold certificates Silver certificates •. .-. - .T. .... i . Total .... 528 400 7,121, 093 4, 856,951 54,804 9,110, 373 4,333,215 26,004,836 October. Gold coin Standard silver dollars Fractioned silver coin United States iietes Treasury notes of 1890 National-bank notes Gold certificates Silver certificates Total : • *. . ^ 23,763,481 32,373,300 41 TEEASUREB. N o . S O . — R E C E I P T S AND DISBURSEMENTS OF ALL KINDS OF M O N E Y AT T H E S U B TREASURY I N N E W . YORK ON ALL ACCOUNTS SAVE E X C H A N G E , ETC.—Cont'd. Receipts. Kind. Disburserrients. Gain, November. Loss. - Gold c o i n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,671,353 . $1,147,920 $6,523,433 466,892 146,826 Standard silver dollars .. . . . 320,066 756,965 662, 313 Fractional silver coin 94, 652 6,913, 661 7,400, 629 United States notes 6,586,585 7,120,681 Treasury notes of 1890 141,117 197,000 National-bank notes . . • 31,889,037 35,168, 553 Gold certificates 3, 033, 604 5,485,580 Silver certificates Total . . . . . . . . 57,459, 214 ... 57, 329, 502 6,938,151 4,136,790 538,783 728,680 143,136 1,114,193 930, 676 5, 627, 731 6, 822,176 7,042,446 6,953, 677 182, 090 242, 000 40, 967, 374 39,470, 958 3,824,266 7, 043,593 3,598, 007 585,544 183,517 63,623,570 5,952, 25? $486,968 534 096 55; 883 3, 279, 516 2, 451, 976 6,808, 439 December. Gold coin '. Standard silver dollars Fractional silver coin United States notes... Treasury notes of 1890 National-bank notes Gold certificates . . Silver certificates . . . . " Total." January. Gold coin ' Standard silver dollars . . Fractional silver coin . United States notes Treasury notes of 1890 Natidnal-barik notes Gold certificates . . .. Silver certificates ? " . 1,194,445 59,910 1,496,416 3, 219, 327 4,473,682 P ' .'• Total 'February. Gold coin . . . Standard silver dollars Fractional silver coin .. United States notes Treasuiy notes of 1890 National-bank notes ... Gbld certificates ...... Silver certificates Total... 62,144, 999 88,769 / 14,483,078 872,530 13, 61Q, 548 614,429 88,500 525, 929 1,037,473 856, 729 - 180,744 12, 360, 334 8, 952,251 3,408,083 10,182, 514 6, 672,674 3, 509,840 234,437 273,000 41,411,525 45, 541,268 , 6, 992, 309 10,615, 209 38, 563 4 129 743 3, 622, 900 87,316,099 7,791, 206 73,872,161 21,235,144 1 - . .". 1, 222,935 2,832, 288 4,055,223 489, 912 152,003 337, 909 887,242 135,043 752,199 17,360, 271 10, 510,438 - 6,849,833 13, 880,131 8,616,083 5, 264, 048 161,653 214,000 26, 401, 337 28, 775, 458 6,686,322 9, 012, 243 52,347 2, 374 121 2,325,921 69,922,091 4, 752,389 58,638,203 16,036,277 March. Gold coin '. Standard silver dollars ' Fractional silver coin... J United States notes : Treasury notes of 1890 National-bank notes Gold certificates Silver certificates '. .' .-. ^ .- Total 6,374,684 1,475.830 4,898, 854 582, 299 424,247 158; 052 1, 035, 677 387,865 647, 812 10,821, 396 10, 340, 384 481, 012 14,277, 218 10, 231, 788 4, 045, 430 180,736 , 236,000 29, 376, 314 33,786,793 7, 046, 099 _, 4,637,483 55,264 4,410 479 2,408, 616 6^874, 359 67,285,807 63,922,758 10,237,408 3,248,219 533, 314 975,549 8, 241,892 8, 812,132 187,467 28, 280, 024 4,300, 236 2,511,045 181,963 327,051 8,610, 893 8, 539,414 244, 000 36,498,746 6,463, 301 737,174 ' 351,351 648,498 .^.... 54; 578,823 63,376,413 2,009,741 /) April. Gold c o i n . . . . . . . . . Standard silver dollars Fractional silver coin United States notes... 1.. Treasury notes of 1890 Natioaal-bank notes Gold certificates. Silver certificates. *ju. V Ol. vox u*^v«i/oo . Total I .'^... 272,718 369,001 56, 533 8,218, 722 2,163, 075 10,807,331 42 No. REPORT ON THE FINANCES. 2 0 . — R E C E I P T S AND DISBURSEMENTS OF ALL KINDS OF M O N E Y ATTHE S U B TREASURY I N N E W YORK ON ALL ACCOUNTS SAVE E X C H A N G E , ETC.—Cont^.d. Kind. Disbursements. Receipts. Gain. . Loss. May. $3,753,172 $1,334,140 $2,419,032 335,415 524, 338 188,923 262,101 956,183 694,082 8,507,048 5,700,363 2,806, 685 9,412, 998 9,762, 483 183, 000 133,755 21,572,115 30, 000, 854 5,851, 583 7, 991,770 Gold coin , Standard silver dollars Treasury notes of 1890 National-bank notes Gold certificates Silver certificates . .•. Total 50,711,192 55, 855, 615 5, 823,233 $349,485 49,245 8,428, 739 2,140,187 10, 967,656 June. Goldcoin Standard silver dollars .. Fractional silver coin United States notes Treasury notes of 1890 National-banknotes.. . Gold certificates. .. Silver certificates . . . . ... ." Total..t... 1,494,892 3,564,358 584, 617 209,224 1, 064,940 203, 508 9, 373, 713 13, 839,196 13, 884, 527 20,231, 249 183,000 145,085 23,348, 984 34, 808,199 7,187, 915 8, 524, 030 61, 55Q, 156 77,097,281 2, 069,468 375, 393 861,432 4,465, 483 5, 702, 308 6, 346, 722 37, 915 11,459, 215 1, 336,115 21,249,433 N o . 21.—-REgEIPTS AND DlSBURSEMElSTTS OF ALL KINDS OF MONEY AT THE SUBTREASURY IN N E W YORK, ON EXCHANGE ACCOUNT, DURING THE FISCAL YEAR 1892. Kind. Receipts. Disbursements. -Gain. Loss. July. Gold coin Standard silver dollars Fractional silver coin :.. United States notes Treasury notes of 1890..... •. National-bank notes Gold certificates . . . . . . Silver certificates : Total $437, 683 4,057 12 2,547, 800 1,083, 525 56,705 - 4,773, 888 .3,782,612 $6,630,327 177,675 553,950 2, 886, 632 1,441,100 524,412 472,186 $56, 705 4, 249,476 3,310,426 12,686,282 12,686,282 .7,616,607, $6,192,644 173, 618 553,938 338,832 357, 575 7, 616,607 August. Gold coin . . Standard silver dollars Fractional silver coin. United States notes Treasury notes of 1890.. National-bank notes Gbld certificates Silver certificates.... .. Total 1,576,848 2,208 11 1,439, 970 728,770 57, 920 2,-136,436 • 2, 693,787 2,178, 020 152, 820 487,219 2, 555, 500 1,125, 304 , 601 172 I50i612 487, 208 1,115, 530 396, 534 1, 678, 076 459, Oil 57, 920 458,360 2, 234,776 8, 635,950 8, 635, 950" 2,751,056 1,317,518 3,637 12 1,743,140 960, 640 56,650 3, 823, 314 ^2,976,049 2,879,789 177,163 ' 599,321 2,811,500 2, 555, 009 10,'880, 960 10, 880,960 2, 751, 056 September. Gold coin Standard sUver dollars; Fractional silver coin United States notes . . . . Treasury notes of 1890 National-bank notes Gold certifi cates • Silver certificates Total : c • 1, 355, 681 502,497 1,562, 271 173,526 599.309 1,0681360 1, 594, 369 56, 650 2,467, 633 2,473,552 4,997,835 4,997,835 43 TREASURER. N o . 2 1 . — R E C E I P T S AND DISBURSMENTS O F ALL KINDS O F M O N E Y AT T H E S U B TREASURY IN N E W YORK, ON E X C H A N G E ACCOUNT, ETC.—Continued.. Receipts. Kind. Disbursements. Gain. Loss. October. Goldcoin.'. Standard silver dollars. Fractional sil"ver coin., United States notes Treasurv notes of 1890. National-bank notes.-.. Gold certificates Silver certificates Total . $402,661 2,950 12 1,685,200 678,688 63, 085 12, 509, 007 3, 013, 621 $12,653, 032 223, 390 704, 690 1,970,000 1,182, 514 300 1, 399, 091 222,207 $62, 785 11,10.9, 916 2, 791,414 18,355, 224 18, 355,224 13,964,115 $12, 250, 371 220,440 704,678 284, 800 503,826 13, 964,115 November. Gold coin Standard silver dollars. Fractional silver coin.. United States notes Treas.ury notes of 1890 . National-bank notes . . . 'Gold certificates Silver certificates Total 1,145,886 2,890 11 1,034, 665 659, 500 50, 050 5,195, 069 2, 765, 480 \ 4,515, 024 194, 610 636. 998 1, 317, 000 423, 500 3, 369,138 191,720 636,987 "- 282,335 3, 587,433 178, 986 236, 000 50,050 1, 607; 636 2, 586,494 10,853,551 10,853,551 4,480,180 533, 996 4,115 11 1,488,490 574,382 62, 280 2,429, 364 3,507,140 1,776,929 159, 540 721,497 703,410 449,508 4,513, 520 275, 374 8, 599,778 8,599,778 872,828 3,906 210 1,346, 534 397,131 42, 320 11, 818, 580 4,534,378 11,506, 348 105,230 501,128 1, 906, 215 903, 525 3,748,447 344,994 42, 320 8, 070,133 4,189, 384 19,015,887 19, 015, 887 12, 301,837 1,226,356 3,160 10 1,285,525 489, 245 45, 235 7,728, 612 2,421,354 • 7, 269, 033 104,972 561,224 1, 703, 010 1,437, 007 4,480,180 December. Goldcoin Standard silver dollars. Fractional silver coin.. United States notes Treasury notes of 1890.., National-bank notes . . . Gold certificates . . . . . . . Silver certificates Total. 1,242,933 155, 425 721,486 785,080 124,874 62, 280 2,084,156 '3,'23i,'766' . 4,204,000 January. Gold coin , Standard silver doUarsFractional silver coin.. United States notes•-... Treasury notes of 1890. National-bank notes Gold certificates .. . Silver certificates...... Total. 10, 633, 520 101, 324 500, 918 559,681 506,394 12, 301,837 February. Gold coin Standard silver dollars. Fractional silver coin... United States notes Treasury notes of 1890. National bank notes Gold certificates Silver certifiates Total. 1,425, 861 698,390 6,042,677 • 101, 812 . 561, 214 417, 485 947,762 45,235 6, 302, 751 1,.722, 964 13,199,497 13,199,497 1,486, 869 3,013 17 1, 716, 630 538,715 53, 055 9,187, 920 2, 935,141 8,049,013 140,180 645, 596 2,921, 000 2,119,000 1, 558, 591 487,980 53, 055 7, 629, 329 2,447,161 15, 921, 360 15, 921,360 10,129,545 8,070, 950 8,070,950 March. Gold coin Standard silver dollars. Fractional silver coin.., United States notes Treasurv notes of 1890. National-bank notes Gold certificates Silver certificates Total. 6,562,144 137,'167 645,579 1,204,370 1,580; 275 10,129,545 44 No. REPORT ON T H E FINANCES. 2 1 . — R E C E I P T S AND D I S B U R S E M E N T S O F ALL KINDS O F M O N E Y AT TELE S U B TREASURY I N N E W YORK, ON E X C H A N G E ACCOUNT, ETC.—Continued. Kind. Disbursements. Receipts. Gain. Los«. Apnl. Gold coin '. Standard silver dollars F r a c t i o n a l s i l v e r coin United States notes T r e a s u r y n o t e s of 1890 National-bank notes Gold certificates Silver certificates .' Total $2,508,924 4,201 71 1,534, 605 543, 620 57,360 10,081, 520 2,406, 308 $9,787,537 161,145 647, 619 1,980,070 1,194,017 3,027,258 338,963 $57,360 7,054,262 2,067,345 17,136, 609 J. 17,136,609 9,178,967 .$7,278,613 156, 944 647,548 445,465 650, 397 . • 2 . . . ]• 9,178, 967 May. Gold coin S t a n d a r d silver d o l l a r s F r a c t i o n a l silver coin United States notes T r e a s u r y n o t e s of 1890 National- bank notes Gold certificates S i l v e r certiifir.ate.s ,. .' . . i , ,.. ' Total . 4,938;117 168, 290 645, 221 2,975, 015 1,225,000 12,544,276 12,544,276 3,583,163 3,374 . 12 3,164, 600 2, 304, 660 50, 255 17,842, 064 1, 769, 866 18,107,992 156, 320 679,904 • 1,860,000 3,385,006 28,717,994 28,717,994 ' 3, 600, 846 165, 540 645, 208 1,112, 090 557,860 49, 555 2,640, 039 2,276,230 2, 382, 625 210, 008 5 523 684 i -'^' ^ 1 ^ fiR-i '"""' "^* June. G^ld coin 1 Standard silver dollars F r a c t i o n a l s i l v e r coin United States notes T r e a s u i ' y n o t e s of 1890 National-bank n o t e s . °. 1 Gold certificates S i l v e r certificates .• .-.."..: i ".. . . . -.... Total No. 1,337,271 2,750 13 1,862,925 1,782, 860 49,555 5,022, 664 2,486,238 C3 .. . . ' - 14,524,829 152, 946 679,892 1,304,600 1, 080,346 50,255 , 13,641,275 1,441,883 4,200,789 327, 983 16,438,013 16,438,013 2 2 . — M O N T H L Y R E C E I P T S FROM CUSTOMS AT N E W YORK FROM A P R I L , AND P E R C E N T A G E OF EACH KIND OP M O N E Y R E C E I V E D . Month. 1878—April (18 to 30). May J u n e . . .^. July----August September October........ November December...... 1879—January ,., February March April May June: July August September . October .... November.. ^ . . . December 1880—January February March April May ." June '. July August September October November December Receipts. 054,364 617,137 065, 828 201, 698 249,459 199, 455 387,976 824,556 264, 674 659,000 236, 000 339,000 190,000 584,000 208, 000 335, 000 565,000 472,000 979,000 467, 000 175, 000 969,000 258, 000 477,000 818,000 852,000 701, 000 301,000 403,000 859, 000 575, 000 081,000 1,234,000 Gold Silver Silver United certifi-' . States cates. notes. Gold certificates. P e r c e n t . P e r cent. P&i' cent. P e r 0.6 0. L 95.4 • 6.2 0.8 • 75.7 5.4 0. L 60. L 65.0 4.'J 0. . 0 71.0 4.3 0.3 • 0.3 75. :L 4.7 5.20.4 64.6 5.9 0.3 63.7 13. :L 0.3 60.3 6.:. 3.9 0.1 2.2 0.3 0.5 0.1 0.1} ^ 0.2 0.1 0.2 L3 0.2 0.1 0.9 0.} 0.2 0.3 0.1 0.4 0.3 0.2 0.5 19.5 0.1 L9 46.4 0.2 66.9 0.2 68.3 0.2 63.2 0.1 69.0 0.1 62.2 0.1 52.1 0.2 48. 8 0.1 0.1 ,57.7 ' 55.9 0.1 0.1 49.9 42.4 0.1 0.1 45.0 1 46.2 0.2 . , cent 2.6 15.8 32.6 29.:. 23.5 18.2 28.6 28.6 24.9 20.4 6.1 2.7 3.3 4.7 6.2 15.1 18.6 20.8 2L8 27.4 23.4 16.5 2L8 24.9 29.7 27.1 32.9 3L4 37.8 44.6 5L9 50.0 47.8 1878, Treasury notes of 1890. P e r cent, j Per cent. LJi L5 L8 L2 I 0.9 1 L3 ' L2 1 L5 ! L. 69.5 1 90.9 96.^ 95.:. 94.: 93.11 84.5 80.7 78.5 ! 58.6 24.1 9.5 15.0 14.9 1 6.0 1 8.0 20. 6 .2 .8 6.2 1 5,4 1 5.6 4.9 5.8.1 45 TREASURER. No. 22.—-MONTHLY R E C E I P T S FROM CUSTOMS AT N E W YORK FROM A P R I L , 1878, AND PERCENTAGE O P EACH KIND OF M O N E Y RECEIVED—Continued. Month. 1881—January.... February . . March April May June July August . September . ^October November.. December.. 1882—January February . . March AprU May June July August September . October — November.. December.. 1883—January February .. March . . . . . April May June July August September. October — November.. December.. 1884—January February . . March April May June July . . . . . . . August •.... September . October November.. December.. 1885—January February . . March April May June....... July August September . October November.. December.. J886—January.... February . . March April May June July . . . . . . . August September . ^ October — November.. December.. 1887-^January.... February . . March..... Gold Receipts. $10, 573,000 11, 221,000 13, 196,000 11, 684, 000 11, 051, 000 11, 013,000 12, 082,000 15, 206, 000 14, 108, 000 13, 019,000 . 9,718,000 10, 973,000 13, 393, 000 13, 589,000 14, 000,000 10, 528,000. 11, 986, 000 11, 434, 000 13, 730, 000 16, 487,000 14, 695,000 13, 101, 000 9, 939,000 10, 381,000 12, 574,000 12, 194,000 12, 435, 000 Per 199,000 155,000 630,000 609,000 290,000 050,000 616,000 928, 000 338,000 768,000 069,000 447,000 850, 000 289, 000 459,000 111, 000 828, 000 , 992,000 369, 000 , 717, 000 ,087,000 , 306,000 ,461,000 ,281,000 983,000 , 523,000 9, 644,000 11, 821,000 12, 700,500 ' 12, 167,000 10, 771,000 8, 730,000 9, 935,000 10, 929,000 11, 704,000 12, 512,000 10, 442,000 9, 029, 000 11, 887,000 12, 606,000 834,000 14, 944,000 12, 583,000 11, 175, 000 10, 546, 000 10, 808,000 11, 13, 112, 000 14, 212,000 Gpld certificates. Silver c e n t P e r cent. P e r 47.5 0.1 0.1 44.5 47.6 O.I 44.5 0.1 45 9 0 1 39.3 0.1 0.1 38.8 43 5 O.l 0:1 37.1 0.1 35.8 62 9 0 1 0 1 77 1 72.9 0.1 .66.5 0.1 75.6 0.1 0 2 73 5 . 0.2 70.7 0 1 68" 7 66!5 0.1 46.1 0.1 0.1 38.8 18 2 0 1 10.3 0 1 5 3 0 1 4 2 0 1 3 9 0 1 ' 6 5 0 1 0 1 10 8 o!i 4 7 0.1 3.3 0 1 2 3 2.7 o!i 0.1 3 2 2.9 • 6.1 ^0.1 3.1 0.1 2.8 0.1 2.4 2 1 0 1 0 1 1 8 2 5 0 1 0.1 3.3 3 1 0 1 1 6 0 1 0.1 1 3 L6 0.1 L8 0.1 L9 0.1 ,L7 0.1 0.1 Ll 0.1 0.8 0.7 O.I 0.9 0.1 0.7 O.I 0.7 0.2 0.2 0.7 0.6 0.3 0.7 0.3 0.2 0.8 0.9 0.4 0.7 0.3 0.6 0.3 0.4 0.2 0.3 0.6 LO 0.3 0.8 0.3 0.7 0.2 0.7 0.3 0.7 0.4 0.6 0.3 . 0.3 0.7 Ll 0.3 L2 0.3 0.9 0.4 0.4 0.2 0.8 0.3 • Silver certificates. United States notes. Treasury notes or cent. P e r cent. P e r cent. Per cent. 45.1 7.3 11.3 44.1 5.2 47.1 3.9 51.5 3.1 50 9 3.6 57.0 3.2 57.9 3.6 52 8 2.1 60.7 2.0 62.1 3.2 33 8 4.1 18 7 20.3 6.7 8.6 24.8 4.5 19.8 4.1 22 2 5.7 23.4 7.8 23 4 8.6 24.8 5.6 48.2 5.x6 55.5 7 4 42 2 32 1 9 5 63 9 16 2 6.8 69 1 18 7 7.9 72 1 15 7 5 0 75 1 15 9 6.6 73 7 13 1 5.9 65 5 17 7 6.9 62 2 26 1 7.0 20.2 69.4 5.5 79 1 13 0 6.0 73.2 18.0 5.0 13.9 77 8 . 4.8 16.4 75.8 22.5 6.7 67.6 6.4 19.4 71.3 23:7 7.6 66.2 8.3 67 5 22 0 ILO 26 4 60 7 13.7 56 9 26.8 35.3 14.8 46.5 21.2 35 6 40 0 32 4 17.8 48 1 21.9 32.3 44 4 34.5 3L4 32.4 32.1 42.4 23.6 37.5 42.2 18.3 36.3 17.9 44.0 3L7 26.6 40.535.4 31.4 32.3 39.7 34.5 25.0 4L3 19.6 38.1 •18.8 37.4 43.0 33.3 33.3 32.5 .23.6 46.7 28.8 47.4 13.5 38.2 25. 8 03.4 9.8 1L3 16.9 70.8 56.9 13.4 28.4 24.7 60.5 13.8 3L0 53.3 14.8 43.3 47.3 8.8 58.4 9.2 3L5 12.3 66.2 20.2 12.2 15.3 7L4 12.6 8L7 4.8. 2.9 84.8 n.3 16.5 8.9 73.5 67.3 9.3 22.5 12.0 16.2 70.8 12.2 17.1 69.3 15.5 16.3 66.7 67.8. 16.2 14.7 74.2 10.1 15.1 13.0 74.5 11.4, 46 No, REPORT ON THE FINANCES. 2 2 . — M O N T H L Y RECICIPTS FROM CUSTOMS AT N E W YORK FROM A P R I L , AND PERCENTAGE OF EACH KIND OF M O N E Y R E C E I V E D — C o n t i n u e d . Month. 1887—April May June July ...... August... September October . . . November. December. 1888—January... February . March April . . . . . May June July August ... September October . . . November. December . 1889—January... Februarj'^ . March April May June ^ July. August ... September October . . . "November. Decembei?. 1890—January... February . March April May June July August ... September October . . . November. December. 1891—January... February . March April May Jnne July August ... September October . . . November. December. 1892—January -.. • February . March April May June July August ... September Receipts. $11,556,000 10, 900, GOO 11,840, 000 12,714, 000 15,612,000. 13,833,000 12.392, 000 10,187, 000 9, 789, 000 13, 509. 000 13,150, 000 11, 059, 000 11,176,-000 9, 990, 000 10, 996,484 14,163,480 13, 860. 960 12", 138, 688 11, 978,438 9. 610,437 10, 966, 445 14, 037, 625 12, 954, 630 13,422, 5 1 1 ' 11, 962,153 11, 096,791 10. 697, 716 13, 791, 000 13, 324, 514 12, 015. 653 12,201, 906 11,175, 885 10, 997, 977 15, 223,480 13,888, 075 12, 569, 867 13,817, 857 10, 671,516 14, 492,128 17,173, 016 12, 978, 335 15,767, 331 16, 093,061 10,154, 328 10, 704, 055 16, 794,456 12, 280, 373 10,520,414 7, 711, 917 7,449,775 9,131,418 11, 303,169 10,460, 330 9,961, 740 9,337, 291 8,'502, 785 9, 314, 666 11, 960,445 11,628,815 10, 871, 923 8,879, 912. 8,103, 436 9. 591, 270 ^12, 295, 908 13,175,485 11,335, 347 Gold coin. Silver coin. Gold certificates. Silver certificates. United States notes. 1878, Treasury n o t e s ot 1890. P e r cent. P e r cent. P e r cent. P e r cent. P e r ce7it. P e r cent. Ll 0.3 7L6 13.6 13.4 LO 0.4 72.4 12.1 14.1 L3 0.3 72.6 13.8 12.0 1.4 0.4 76.2 n.6 10.4 0.8 0.2 79.9 10.3 8.8 l.'l . 0.2 79.9 • 10.4 8.4 1.2 0.3 78.1 9.1 n.3 L2 . 0.5 7.5.4 10.8 12.1 1.1 0.4 74.8 11.0 • 12.7 0.7 0.3 77.6 10.4 0.6 0.2 75.8 10.3 13.4 0.6 0.4 78.7 9.2 11. I 0.7 0.3 73.1 12.5 13.4 0.9 0.4 69.6 16.1 13.0 0.7 0.3 73.5 14.4 11.1 0.4 0.2 83.0 8.3 8.1 0.5 0.1 87.6 5.5 5.3 0.4 0.2 89.1 4.4 5.9 0.4 0.2 89.5 3.6 6.3 0.3 0.2 87.2 5.4 6.9 0.2 0.2 ' -86.3 9.2 4.1 0.1 0.1 83.0 10.4 6.2 0.1 0.1 ^: 8 5 . 1 9.2 5.3 0.1 0.1 • 87.5 3.1 9.3 0.1 0.1 - 88.8 8.3 2.7 0.-2 0.1 8L5 12.3 5.9 0.1 0.1 74.5 IS. 8 6.5 0.10.1 85.6 10.4 3.8 0.2 0.1 86.5 10.3 2 . 9 . 0.2 0.1 89.7 .7.9 2.1 0.1 0.1 90.5 7.3 2.0 0.2 0.1 92.6 L3 5.8 0.2 92.4 O.r . 2.0 5.3 0.1 92.5 0.0 4.6 2.8 0.1 95.0 0.1 3.0 L8 .0.1 95.7 0.1 L4 2.7 0.2 95.4 0.1 L6 2.7 0.2 93.6 0.1 3.-6 2.5 0.1 94.5 0.0 2.7 2.7 0.1 95.3 0.1 , 2.5 2.0 0.1 91.7 0.0 3.0 L7 0.1 85.5 0.1 1.9 L4 0.2 80.9 0.0 2.1 L3 0.3 80.4 0.1 2.9 'L7 0.3 87.8 0.1 L9 3.0 0.1 88.5 0.0 2.1 4.1 0.1 8L0 . 0.0 6.6 5.0 . 0.2 64.9 0.0 6.0 16.5 0.2 47.0 0.0 7.2 20.0 0.2 27.8 0.0 15.0 26.8 0.2 12.3 0.0 0.2 14.0 - ' 44.6 14.9 0.0 0.2. 49.0 8.5 12.6 0.0 0.1 5.2 50.5 TL7 0.1 0.2 55.3 4.4 19.8 0.0 0.1 44.0 4.4 43.5 0.0 0.1 3L3 2.8 65.3 0.0 0.1 14.8 3.1 66.1 0.0 0.1 15.0 . 4.3 25.8 0.0 0.1 36.2 9.3 18.7 0.2 . 0.0 5.7 42.5 14.9 0.1 0.0 6.9 46.4 9.9 0.2 0.0 13.0 40. 6 8.0 0.1 0.0 15.9 26.8 13.8 0.0 0.0 15.5 28.4 12.1 0.0 0.0 25.6 10.4 0.0 10.945.8 n.o 47 TREASURER. No. 2 3 . — S H I P M E N T S OF S I L V E R C O I N FROM T H E T R E A S U R Y O F F I C E S AND M I N T S FROM J U L Y 1, 1885, TO J U N E 30, 1892, F r o m J u l y 1,1891, t o J u n e 30,1892. Office. Standard dollars. Fractional , silver. Total. ; Silver coin s h i p p e d from J u l y 1,1885, t o J u n e 30,1891. Total. $6, 075,361. 29 3,165, 033. 93 24, 871,412. 87 6,776, 815. 36 20,980, 920. 35 18, 578,948. 46 33,974, 524.37 21, 970,229. 94 5,508, 667. 57 $7, 038, 340.04 3,483, 923. 48 28, 850, 052. 97 8, 665, 980.16 24, 814, 398.55 22,094, 581. 51 41, 664, 441. 93 27, 073, 874.19 6,445, 86L27 TREASURY. Washington Baltimore NewYork Pbiladelphia Boston' Cincinnati Chicago St. L o u i s N e w Orleans -. $655,499.70 126, 000. 00 1, 766, 776.55 . 181,948.75 „ 2, 689, 699. 00 2,166,584.30 4, 913.494.90 3, 414, 990. 00 2,100. 00 $307, 479. 05 192, 889.55 2, 211, 863.55 1, 707, 216. 05 1,143, 779. 20 1, 349. 048. 75 2, 770; 422. 66 1, 688, 6.54. 25 935,093. 70 $962,978. 75 318, 889. 55. 3, 978, 640.10 1, 889,164. 80 3,8:^3,478. 20 3,515, 633. 05 7,-689, 917. 56 5,103, 644. 25 937,193.70 15, 917, 093. 20 1.2,312,446.76 28, 229,539.96 141, 901, 914.14 170,131,454.10 Total 274, 200. 00 1, 874, 633. 00 2,148, 833.00 12,090, 611.75 14,239,444.75 San Francisco MINT. Philadelphia N e w Orleans San F r a n c i s c o Carson C i t y ' Total. Total shipments. No. 2, 553,473. 75 5, 416, 000. 00 329, 820. 00 124, 000. 00 26, 699. 75 2, 580,173.50 17,149, 611.28 19,729,784.78 5, 416,000. 00 40, 732, 640. 55 46,148,640.55 56, 700.00 386.520.00 5, 792, 630. 00 6,179,150.00 124, 000.00 423,. 130; 00 547,130.00 8,423, 293; 75 83,399.75 8, 506,693.50 64, 098, Oil. 83 72, 604, 705.33 24,614,586.95 14,270,479. 51 38, 885,066.46 218,090,537.72 256,975,604.18 2 4 . — S H I P M E N T S OF S I L V E R C O I N SINCE J U N E 30, 1885, FROM THE T R E A S U R Y O F F I C E S AND M I N T S , AND CHARGES T H E R E O N FOR. TRANSPORTATION. F r o m T r e a s u r y of&ces e a s t of t h e Rocky Mountains. From mints. Period. Fiscal year Fiscal year Fiscal year Fiscalyear Fiscalyear Charges. Per $1,000 Amount. Charges Per $1,000. L36 L46 1.55 L65 $10,960,927.76 9, 973, 642.82 10, 596,043.10 9, 408,495. 70 10, 578, 228.15 $33,537.58 18,055.37 16,060.46 14, 585. 02 18, 936. 62 $3.06 L81 L51 L55 L79 234, 493.20 289, 498. 00 285, 996.85 522, 499. 55 591, 495. 85 752, 999.40 * 473,499.25 540, 998. 75 560, 498.30 .361, 999. 05 697.30 1, 957.32 , 3, 235. 02 5,498.90 4,946. 86 3, 385.77 3,133. 90 1,553.47 889.15 1,345. 25 1,439. 66 994.76 708.36 12, 580, 674.30 29,088.42 1886.. 1887.: 1888.. 1889.. 1890.. $21,805,109.81 23,112, 760. 02 23, 260, 809. 83 22, 456,964. 98 23,865,227.25 $29, 774. 76 31,466.96 34, 070.67 34, 860.22 38, 938. 91 1890—July.; August . September. October.... . November . December.. 1891—Januaiy... February.. March April May June 2, 080, 637. 00 2,988, 305.40 4,121, 605.00 3, 836, 735. 30 2, 450, 263.10 2, 271, 244. 90 954, 556.10 1, 273, 433.30 1, 736, 954.15 1, 647, 261.80 1, 922, 340.90 2,117, 705. 30 3,372.48 4,758. 55 7, 053.12 6, 667. 73 3, 790. 06 •3, 603. 86 1, 321.69 1, 742.47 2,476.78 2,397. 37 3,173.53 3, 826.36 44,184.00 1, 2, 2, 1, 1, F i s c a l y e a r 1891. 27,401, 042.25 . 1 8 9 1 -- J u l y August September. October November. December . 1892—January... February.. March April May June 2,188, 437.60 2, 769, 027.10 3,535, 076. 65 3,775, 417. 05 2, 477, 514. 80 2,442, 378. 26 1,167, 322.40 I, 543, 297. 95 1, 935, 079. 90 1, 825, 365.90 ~ I, 954,653. 20 2, 615, 969.15 3, 709.65 4, 865.16 6, 342. 93 6,484.51 3, 287.49 4,215.48 1, 736. 54" 2, 288.80 2, 931. 09 2, 859.65 3, 088. 84 4,429.13 345, 998.50 597, 097.70 1,433, 395.85 1, 694, 997. 90 992, 988. 80 1, 074, 298. 05 322, 996.50 434, 598.10 445, 426.70 444, 097.85 486, 797.55 234, 000.00 763.47 1, 483. 67 2, 829.72 3, 584.30 . 1, 970. 23 1,860. 33 1, 321. 62 1,123.10 1, 622.75 1,351.01 1,275.41 445.36 F i s c a l y e a r 1892., 28, 229, 539. 96 46,239.27 8,506, 693.50 19, 630.97 2.31 2.31 48 IXO, REPORT ON THE FINANCES. 2 4 . — S H I P M E N T S OF S I L V E R C O I N SINCE J U N E 30, 1885, FROM T H E TREASURY O F F I C E S AND M I N T S , AND CHARGES T H E R E O N FOR TRANSPORTATION—Cont^d. From subtreasury at cisco. San Fran- Total. , .SV, Period. Amount. Charges. Per $1,000. 1886., 1887., 1888., 1889-, 1890-, $795,000.00 2, n o , 500.00 3,129. 855. 00 2, 893, 814.00 2,245, 230. 00 $4, 508.65 12, 831. 05 19, 926. 55 19,864.10 15,170.20 $5.67 6.08 6.37 . 6.86 6.76 1890—July August September. October November. ^December.. 1891—January . . . February .. March..... A p r i l .J May June 75,300. 00 101,120. 00 111, 475. 00 76,930. 00 47,420.00 31,420. 00 12,430.00 29i 130. 00 37,130. 00 29,510. 00 138,740. 00 225, 607.75 347. 75 356.75 . 528.45 425.25 214.45 132. 60 37.80 86. 45 152. 35 103.85 • 593.15 1, 006. 35 916,212.75 3, 985. 20 237,940.00 318,868.00 331,515. 00 252, 055.00 173,180.00 116, 059. 00 1 60,869. 00 90,255. 00 118,510.00 111,880.00" 130, 302.00 207,400. 00. 1,021. 50 1,285. 30 1, 606. 70 1,287.35 1, 057. 55 731.20 256. 00^ 442.40 548.70 511.55 561. 65 998.55 Fiscalyear Fiscalyear Fiscal year Fiscal year Fiscalyear F i s c a l y e a r 1891. 1891—July August.... • September October November . December:. 1892—January . . . February.. March April May. June F i s c a l y e a r 1892. No. i 1 1 1 . ' 2,148,833. 00 10,308.45 Amount. Charges. $33, 561, 037. 57 $67,820.99 35,196, 902. 84 62, 353. 38 36, 986, 707.93 70, 057. 68 34, 759, 274. 68 69, 309.34 36, 688, 685.40 . 73,045.73 4.35 4.80 2, 815, 935.80 4, 323, 918.60 6, 522,578.00 6,199, 662.15 4„020,182. 65 3, 894,160.75 1, 719, 985. 50 1,776,062.55 2, 315,082.90 2,237,270.10 2,423,079.95 2,650,010.35 5, 677. 55 8, 350. 32 13,080.47 12,039. 84 7, 390. 28 6, 870. 36 2,912.96 2, 718. 07 3, 974. 38 3,940. 88 4,76L445,54L07 40, 897, 929.30 •77, 257.62 2,772, 376.10 3, 684,992.80 5, 299, 987.50 5,722,469. 95 3,643, r,83.60 3,632,735.31 1,551,187.90 2, 068,151.05 2,499, 016. 60 2, 381, 343. 75 2.571,752.75 . 3,057,369.15 5,494.62 7,634.13 10,779.35 11,356.16 6, 315. 27 6,807. 01 3,314.16 3,854.30 5,102. 54 4, 722.21 4,925.90 5,873.04 38,885,066.46 j 76,178.69 Per $1,000. $2.-02 L77 L89 L99 L99 L89 L96 2 5 . — T R A N S A C T I O N S B E T W E E N THE SUBTREASURY AND CLEARING H O U S E I N N E W YORK DURING EACH F I S C A L Y E A R FROM 1884. Checks sent to clearing house. C h e c k s received from clearing-. house. Balances due assistant treasurer. Balances due clearing house. $116, 666, 000.26 109,420, 072.25 125, 782,'520.53 116,671,928.61 . 99. 399,535.24 132,109, 004. 39 126, 595, 570.62 131, 025, 051.85 $295,541, 948.32 278, 830, 720.11 276, 855, 487.30 353, 470, 901.64 337, 849, 743.13 424,429, 651.01 359, 395, 045. 27 383, 315, 729.77 $1,331, 880. 02 694, 284. 08 1, 643,279.86 18r; 409. 57 382, 681. 63 2, 268,958. 36 33,185. 69 $180,207, 828.08 170,104, 931.94 152, 716, 246.63 236, 980, 382.60 238,832, 889. 52 294, 589, 604. 98 232, 832, 660. 34 252,290, 677.92 1891-July...... August— September October . . . November December 1892—January.. February. March April May June 12,736, 628.26 11, 322, 335.05 10, 928, 834.78 10, 988, 925.54 9, 685, 924.89 11, 522, 284. 61 9, 043, 732.90 9,949, 586.47 11,328, 222.39 9, 980, 372. 21 8,191, 441.58 9, 850, 882.24 29, 919, 667.46 21, 811, 463. 68 30, 809, 121. 45 33, 251, 199. 39 23,176, 574. 03 26, 938, 941. 24 35,118, 064.88 24, 599, 498.53 23, 865, 249. 01 27, 698, 240. 58 23, 513, 858. 69 27, 556, 675.22 F i s c a l y e a r 1892. 125,529,170.92 328,258,554.16 Period. Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal Fiscal year year year year year year year year 1884 1885 1886 1887 1888 1889 1890 1891 277,014.70 277,014.70 17,183,039.20 10,766,143.33 19,880,286.67 22,262,273.85 13.490,649. 14 15,416,656.63 26, 074,331.98 14, 649,912.06 12, 537,026.62 17,717,868.37 15,322,417.11 17,705,792.98 203,006,397.94 49 TREASURER. N o . 2 6 . — A M O U N T OF EACH K I N D OF M O N E Y P A I D IINTO T H E CLEARING H O U S E IN N E W YORK I N SETTLEMENT OF BALANCES AGAINST T H E SUBTREASURY DURING EACH MONTH FROM JULY, 1889. Uiiited States T r e a s u r y notes of 1890. notes. Month. $154, 835. 28 154, 208.90 136, 926.32 73, 579. 53 138, 874.90 144, 470. 77 145, 349. 00 112, 066. 85 1,388,12L57 156,484. 83 144, 624.11 142, 618. 28 1889—July August September October • November December 1890—January February March April M a y ..-. June Total - • 2, 892,160.34 Jnly August September October November.. December 1891—January February March April M ay •^^"•j June - 143,239:41 144, 536. 20 48,v855. 67 49,445. 81 62, 264. 63 15, 528.41 2,722.22 281,196. 04 473, 205.81 101,186. 25 1, 201,140. 29 5, 556,416.18 ^.. •. Gold certificates. 'Silver certificates. $23,320,000.00 28, 049, 000. 00 20, 861, 000. 00 22,129, 500. 00 14,705, 000. 00 20, 653, 000. 00 26, 984,000. 00 8, 382, 000. 00 19, 258, 000. 00 17,173,000. 00 9, 811, 000. 00 18, 615, 000..00 $23,474,835.28 . 28, 203,208.90 20, 997,926.32 22, 203,079. 53 14,843,874.90 20,797,470.77 27,129,349.00 8,494, 066. 85 20 646 121. 57 17, 329; 484.83 9, 955, 624.11 18, 757, 618. 28 229, 940, 500. 00 232, 832,660.34 26, 996, 000. 0015,488,000.00 .$291, 800. 00 47, 851, 500. 00 4, 296, 000. 00 14, 738, 000. 00 3, 293, 600. 00 3, 737, 900. 00 , 7, 527, 000. 00 15,301, 900. 00 2, 304, 890. 00 18, 937, 900. 00 3, 665, 210. 00 9,999,900.00 $53,575.00 2, 721, 730. 00 17, 863, 000. 00 2, 539, 705. 00 6, 210. 00 12, 958, 000. 00 2,177,146. 00 1, 465. 00 10,260,000.00 1, 897,190. 00 545.00 5, 032,775: 00 14,270,000. 00 Total 8, 079, 736. 92 31,957, 946. 00 | 212,191, 200. 00 July August.. i September October November December 1892—January . . February March April May . .. June......... . 6, 302,199. 20 3, 268,188. 33 7, 714, 206. 67 4,649,223.85 2, 760, 239.14 1, 969, 386. 63 2, 508, 111. 98 4, 958,197. 06 4, 017,421.62 4, 403,118. 37 1, 866, 698.11 3,466, 672. 98 5,578, 840.00 1 5 R09. nnn nn 4,462,955.00 3, 035, 000. 00 5, 241, 080. 00 6, 925, 000. 00 4,881,050.00 12, 732, 000. 00 2, 682, 410. 00 8, 048, 000. 00 3,159, 270. 00 10, 288, 000. 00 19,887,000.00 3, 679, 220. 00 4,980, 000. 00 4, 711, 715. 00 4, 276, 605. 00 4, 243, 000. Oo 3, 671, 750. 00 . 9,643,000.00 4, 991, 719. 00 8, 464, 000. 00 10,490,120. .00 3,749,000.00 f • 47, 883,663.94 Total No. 27. 57, 826, 734. 00 Total. 97, 296, 000.00 61, 795. 00 ^ ...... 27,139,239.41 15, 924,336. 20 52,196, 355. 67 18,081,045.81 11, 327,164.63 17, 622,318.41 22 605 832. 22 13,056, 401. 04 20 882 120 81 15,237,797.25 13, 358,875.29 24, 859,191.18 252,290,677.92 17,183, 039.20 10 766 143.33 19, 880, 286. 67 22, 262, 273.85 13 490 649.14 15 416,656. 63 26, 074, 331. 98 14, 649, 912. 06 12,537, 026. 62 17, 717, 868.37 15 322 417 11 17 705 792 98 203,006,397.94 - O L D D E M A N D N O T E S O F E A C H D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE O F T H E FISCAL Y E A R 1892. Redeemed Total issued. during year. Total redeemed. Outstanding. Denomination. Fivedollars— Ten dollars Twenty dollars $21,800,000 20,030,000 18,200, 000 $21,777,757.50 20, 009, 475. 00 18,187,120. 00. $22,242.50 20,525.00 12, 880.00 Total.... 60,030, 000 59, 974, 352. 50 55,647.50 Ifio^ 2 8 . — U N I T E D STATES N O T E S OF EACH I S S U E AND DENOMINATION I S S U E D , REDEEIMED, AND OUTSTANDING AT T H E CLOSE OF T H E F I S C A L Y E A R 1892. Issue and denomination. Issued during year. Total issued. Eedeemed during year. Total redeemed. Outstanding. New issue. One dollar Two dollars Five dollars Ten dollars Twenty dollars.. Fifty dollars Fx92- $28,351,348 34, 071,128 101, 000, 000 118,010,000 102, 920,000 30,055,200 $1,652 2,650 24, 610 46, 570 58,940 8,400 $27, 580,514.80 33,489, 354.80 100, 595, 873. 50 114, 758,485.00 101,181,018. 00 29,825,020.00 $770,833.20 581, 773.20 404,126. 50 3,251, 515. 00 1,738,982. 00 230,180.00 50 ISo. REPORT ON T H E FINANCES. 2 § . — U N I T E D STATES N O T E S OF EAOH ISSUE AND DENOMINATION ISSUED, REDEEIMED, AND OUTSTANDING, ETC.—Continued, I s s u e and denomination. I s s u e d durRedeemed ing year. Total issued. during year. T o t a l redeemed. O u t s t a n d i n g . Neio m w e — C o n t i n u e d . One buurlred dollars F i v e h u n d r e d dollars O n e t h o u s a n d dollars Unkncwn -$40, 000,000 58, 986, 000 155, 928, 000 $19,300 $39,673,700 5,000 . 58,778, 000 - 10,000 155,744,000 135,000 00 00 00 00 $326,300.00 208,000.00 184 000 00 7,'695,709. 90 135,000.00 Deduct unknown Total 669, 321, 676 177,122 661,760,966.10 7, 560,709.90 Series of 1869. One dollar T w o dollars F i v e dollars T w e n t y dollars F i f t y dollars One h u n d r e d d o l l a r s F i v e h u n d r e d dollars . . . . . . . O n e t h o u s a n d dollars Unknown.,..." 42,456, 812 50, 511,920 50, 581,760 85,221,240 73,162,400 30, 200, 000 '37,104, 000 44, 890, 000 79,700, 000 7,319 ' 9, 807 75, 085 325:560'• 429,840 74.250 194, 600 5, 500 107,000 42, 093, 395. 80 50,177. 846. 00 49, 994, 646. 00 83,564,857.00 7i; 214, 026.00 29, 576,125.00 35, 959, 470. 00 44, 660,000. 00 78,958, 000. 00 865,000.00 363,416.20 334, 074. 00 587 114 00 1, 656, 383. 00 1, 948, 374. 00 623. 875 00 1,144, 530.00 230 000 00 742 000 00 7, 629,766. 20 865 000 00 Deduct unknown Total 493, 828,132 1,228,961 487, 063, 365.80 6,764,766.20 18,988,000 16, 520, 000 24, 460. 000 28,000,000 4,107 4,604 279,450 60, 000 18, 870,658.70 16,436, 643. 60 23, 361, 080 00 27,974,000.00 117,341. 30 83,356.40 1, 098, 920. 00 26,000.00 87, 968, OOO 348,161 86, 642,382 30 1, 325,617.70 26, 212,000 23,036,000 46,180, 000 V 23,660,000 25, 000, 000 2,000,000 16,200,000 28,400, 000 11,154 11, 838 108, 000 139,880 268,740 34, 050 • 265.000 99,000 26,016, 226. 80 22, 875,151. 20 45. 523,155. 50 23, 055,449. 00 23, 934, 394. 00 1,932, 855. 00 14, 995,740. 00 27, 588, 000 00 195, 773. 20 160 848 80 656, 844. 50 604, 551. 00 1, 065, 606. 00 67,145. 00 1, 204, 260. 00 8i2 000. 00 190, 688', 000 937,662 185,920,971. 50 4, 767,028. 50 12, 512,000 9, 352, 000 30,160,000 26, 000, 000 34, 800, 000 10, 500,000 20,200,000 12, 000, 000 24, 000,000 . 20, 000, 000 40,000,000 10,041 8,014 108,130 224,710 486,240 222, 800 468,300 352, 500 . 319, 000 12,387,273.70 9, 267,473. 80 29, 574,297. 50 25,149,952.00-. 33, 221, 078. 00 9, 775, 845. 00 18,310,350.00 11,248,000.00 22, 287,000.00 19,985,000. 00 39,990,000.00 124 726 30 84, 526.20 585 702. 50 850, 048.00 1, 578, 922. 00 724, ] 55. 00 1, 889, 650. 00 752, 000. 00 1, 713, 000. 00 15, 000. 00 10, 000. 00 239, 524,000 2,199, 735^ i231,196, 270. 00 8, 327, 730., 00 Series of 1874. . O n e dollar T w o dollars F i f t y dolla,rs F i v e h u n d r e d dollars Total Series of 1875. Onf* dollar T w o dollars F i v e dollars T e n dollars T w e n t y dollars ... ^ F i f t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars . . Total Series of 1878. 0 i i 6 dollar ^ T w o dollars F i v e dollars T e n dollars . . . ' .^ T w e n t y dollars F i f t y clollars O n e ' h u n d r e d dollars F i v e h u n d r e d dollars O n e t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total. '1. Series of 1880. O n e dollar T w o dollars F i v e dollars T e n dollars. ^ T w e n t y dollars F i f t y dollars One hiindried dollars F i v e hundred dollars..O n e t h o u s a n d dollai's Total $1, 208,000 57,068,000 49, 408, 000 i 336,000 203,340. 000 1 19,480, 000 173,640; 000 19,280,000 166, 800, 000 12,960, 000 29, 200, 000 1,600,000 1,980,000 1 40, 680, 000 19,720, 000 5,320,000 4,100,000 48, 000, 000 66,264,000 1 787, 856,000 1 2,489, 975.00 "501,862 54, 578, 025. 00 1, 836. 883. 20 533,507 5 47,571,116. 80 143,979,588.50 59, 360, 416. 50 15,096, 960 87,363,1542.00 86, 276, 458.00 17,489,700 59,927,95-d. 00 106,872,046. 00 17,'228,'680 15,174,125.00 14, 025,875. 00 3,0if4,450 19, 238, 990. 00 21, 441, 010. OO 3,746,700 9, 428, 500. 00 10. 291, 500.00 1,856,500 i 32, 659, 000.00 15,341,000.00 1, 864, 000 61, 372, 359 469,920,836.30 317,935,163. 70 51 TREASURERo N o . .29e—TREASURY N O T E S O F 1890 O F EACH DENOMINATION ISSUED, REDEEMED^ AND OUTSTANDING A T T H E CLOSE O F T H E F I S C A L Y E A R 1892. Issued during year. Denomination. O n e dollar T w o dollars T o t a l i s s u e d . dEu er idnege my ee da r . $3,503, 583 6, 688, 000 14, 620, 000 15, 360, 000 8,320,000 4,090,000 6, 700, 000 . .. T e n dollars T w e n t y dollars '. O n e h u n d r e d dollars One thousand dollars 59,281,583' T o t a l '. Total redeemed. Outstanding. $7,160,000 9,864, 000 24, 840, 000 32, 920, 000 11, 760,.000 10, 990, 000 13,600,000 $1, 502, 909 • 1,257,066 1,469, 585 1,722,330 360, 880 771,000 1, 563, 000 $1,642,876 1,291, 974 1,593,400 2, 234, 620 382,200 957, 700 2,168, 000 $5, 517,124 8,572,026 23,246,600 3d, 685, 380 11,377, 800 10, 032,300 11, 432, 000 111, 134:, m 8, 646, 770 10, 270, 770 100,863,230 N 0 9 3©o-~CuRRENCY CERTIFICATES O F EACH I S S U E AND D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE O F T H E F I S C A L YEAR 1892. Issue and denomination. I s s u e d dur- T o t a l issued. R e d e e m e d ing year. during year. Total redeemed. . $55,185,000 201, 000, 000 $10,000 $55,105,000 200, 970,000 . $80,000 30,000 256,185,000 10,000 256, 075,000 110,000 Outstanding, Series of 1872. F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total. . ' Series of 1875. F i v e t h o u s a n d dollars T e n thousand dollars .-. . Total No. $76,806,606 47,250,000 709,100, 000 64,150,000. . 47,040,000 679,000, 000 210,000 30,100,000 70,800, 000 756, 350, 000 64,150, 000 726, 040, 000 30,310,000 S t . — G O L D CERTIFICATES O F EACH I S S U E AND DENOMINATION I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE O F T H E FISCAL YEAR 1892. Issue and denomiiiation. Issued during year. Eedeemed Total issued. during year Total . redeemed. Outstanding. Act March 3, 1863. $960, 000.00 20, 234, 300. 00 32,844,000.00. 121, 881, 000. 00 457,885,000.00 314, 330, 000. 00 33, 000, 580.46 $959, 780. 00 20, 215, 900. 00 32,829,500.00 6,000 121, 837, 000. 00 457, 850, 000. 00 314,180, 000. 00 33, 000, 580.46 $220 18, 400 14, 500 44,000 35, 000 150, 000 981,134, 880. 46 6,500 980,872,760.46 262,120 27, 360, 000. 00 21, 400, 000. 00 24, 800, 000.00 29, 200, obo. 00 60, 300, 000. 00 62. 500, 000. 00 163, 000, 000. 00 2, 260,800 15, 239, 246. 00 1, 748, 900 14, 293, 045. 00 2, 379, 300 13, 983, 400. 00 2, 512, 000 19, 355, 000. 00 7,865, 000 40,167,500.00 5, 595, 000 49,310, 000. 00 14, 020, 000 130,120, 000. 00 21, 960, 000 388, 560, 000. 00 36, 381, 000 282,468,191. 00 16,725, 000 46, 910, 000. 00 31,840,000 104, 280,000. 00 9,020^^000 20, 980, 000 48,565,000 151,190, 000. 00 30, 000, 000 100, 945,000.00 Twenty dollars . . , One hundred dollars Five hundred dollars . . . . One thousand dollars Five thousand dollars.... Ten thousand dollars . . . Account Geneva award . Total., $500 Act July n , 188S, series 1882. Twenty dollars.... Fifty dollars One nundred dollars . . . Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars . Total. $160,000 400,-000 400, 000 1,^000, 000 7, 000, 000 2, 000, 000 11, 000, 000 12,120,754 7,106, 955 10, 816, 600 9,845,000 20,132, 500 13,190, 000 32, 880, 000 106,091,809 Act July 12, 1882, seHes 1888. Five thousand dollars. Ten thousand dollars.. Total. 29,325,000.00 71, 620, 000. 00 17,585,000 32, 660, 000 50,245,000 52 NOo REPORT ON T H E FINANCES. 3 2 * — S I L V E R CERTIFICATES OF EACH ISSUE AND D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING AT THE CLOSE OF THE F I S C A L Y E A R 1892. I s s u e and denomination. I s s u e d durEedeemed ing year. Total issued. during year. Total redeemed. Outstanding. Series of 1878. $2,274,000 2, 746, 000 3,250,000 3, 540, 000 4, 650, 000 14,490, 000 $6,950 18, 600 27,400 25, 900 7,500 9,000 $2,252,607 2,690,112 3,155,450 3,447,500 4,619,500 14,453,000 $21,393 55,888 94, 550 92, 500 30, 500 37,000 30, 950, 000 95,350 30,618,169 331,831 100,000 86, 000,000 80, 760, 000 19. 900,000 26, 900, 000 11, 700, 000 12, 300, 000 4, 900,980 5,933,140 1, 019, 550 1,280, 200 1, 268, 000 1,336, 000 78,427,451 68,754', 892 8, 278, 740 • 11,194, 880 10, 549, 500 10,944, 000 7, 572,549 12,005,108 11. 621, 260 15,705,120 1,150, 500 1, 356, 000 17,700,000 237, 560, 000 15,737,870 188,149,463 49,410, 537 11, 364, 000 2, 976, 000 20, 760, 000 23,160, 000 23,040,000 72,484, 000 42,006, 000 169,400,000 142, 040, 000 33,600,000 14, 620,433 9,433, 610 31, 289, 910 20, 245,100 1,426, 700 46, 675, 224.90 29, 224,104. 60 69, 860,185.50 41, 042,441. 00 1,598,200.00 81, 300, 000 459,524,000 77, 015,753 188, 400,-156.00 1, 508,000 4,448, 000 2, 900, 000 2, 000, 000 1, 508, 000 4, 448, 000 2, 900, 000 2, 000, 000 5,000 94, 058 8,100 750 5,000.00 94,058. 00 8,100. 00 750.00 10, 856,000 10, 856,000 107, 908 107,908.00 T e n dollars T w e n t y dollars F i f t y dollars :... One'hundred dollars.. F i v e hundred dollars. One t h o u s a n d dollars. Total. Series of 1880. T e n dollars T w e n t y dollars Fifty dollars One h u n d r e d dollars . F i v e hundred dollars. One thousand dollars. Total. $6, 900, 000 10, 700,^000 Series 0/1886. O n e dollar T w o dollars F i v e dollars T e n dollars Twentydollars. Total 25,808,775.10 12,775, 895.40 99, m , 814. 50 100,997, 559.00 32,001,800.00 271,123,844.00 Series of 1891. On© d o l l a r . . . T w o dollars . Fivedollars. Ten dollars.. Total. No. 1,503,000.00 4,353,942. 00 2,891,900.00 1,999,250.00 10,748,092.00 3 3 . — F R A C T I O N A L C U R R E N C Y OF E A C H I S S U E AND DENOMINATION I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE OF T H E F I S C A L YEAR 1892. Issue and denomination. Total issued. Redeemed during year. Total redeemed. Outstanding. F i r s t issue. F i v e cents T e n cents ^Twenty-five c e n t s . Fifty cents $2,242, 889.00 4,115,378.00 5,225, 696. 00 8, 631, 672. 00 $12.00 20.00 25.00 40.00 $1,214,729.97 2,871,692.75 4,186, 973.73 7, 661,957.30 $1, 028.159. 03 1,243; 685.25 1, 038,722. 27 969,714.70 Total. 20, 215, 635. 00 97.00 15,935,353.75 4,280,281.25 Firecents T e n cents Twenty-five cents . Fifty cents 2,794,826.10 6,176,084.30 7,648, 341. 25 6, 545, 232.00 15.00 .25.00 25.00 45.00 2, 096,381.49 5,264,180.57 6,903, 270. 06 5,795,276.60 698,444. 61 911,903.73 745, 071.19 749,955.40 Total. 23,164,483. 65 no. 00 20, 059,108.72 3,105, 374. 93 601,923.90 657, 002. 75 16,976,134. 50' 1, 352.40 31,143,188.75 36, 735, 426. 50 3.03 5.05 83.90 125. 00 260.00 511,676.93 524, 650.49 15, ^25,741.73 75.67 30,242, 985. 76 -35,931,665.05 90,246.97 132, 352.26 1,050,392.77 1,276.73 900, 202.99 803,761.45 86,115, 028. 80 476. 98 83,136,795.63 2,978,233.17 Second issue. T h i r d is sice. Threecents , F i v e cents Ten cents Fifteen cents Twenty-five cents . Fifty cents Total. ' 53 TREiVSURER. No. 3 3 . — F R A C T I O N A L CURRENCY O F EACH ISSUE AND DENOMINATION ISSUED, R E D E E M E D , AND OUTSTANDING, ETC.—Continued. Eedieemed Total redeemed. Total issued. luring Outstanding. year, • Issue and denomination. Fourth issue. Ten cents Fifteen cents Twenty-five cents Fifty cents Unknown $34, 940, 960. 00 5, 304, 216. 00 58,922,256.00 77, 399, 600. 00 $309. 00 $33, 567, 706. 99 5,064,989.09 75.00 335.00 57, 898,978.01 , 698.00 76, 333, 012. 90 32, 000. 00 3,-702, 345^ 01 32, 000. 00 Deduct unknown Total 176, 567, 032. 00 ' Fifth issue. Ten cents. Twenty-five cents . Fifty cents . . . . T ot al. No. $1, 373, 253. 01 239, 226. 91 1,023,277.99 1, 066. 587.10 1,417. 00 172, 896, 686. 99 3, 670, 345.01 19, 989, 900i 00 36, 092, 000. 00 6, 580, 000.00 546. 00 945. 00 625. 00 19, 505, 492.49 35, 514, 550. 32 6,396,690.60 484, 407. 51 577,449: 68 183, 309.40 62, 661, 900. 00 2,116. 00 61,416, 733.41 1, 245,166.59 34.—COMPOUND-INTEREST NOTES OF EACH DENOMINATION ISSUED, R E DEEMED, AND OUTSTANDING AT T H E CLOSE O F T H E FISCAL YEAR 1892.. Total issued. Denomination. Ten dollars '. Twenty dollars . Fifty dollars One hundred dollars Five hundred dollars • One thousand dollars . . . ........ .' , .- -. $23, 285, 200 30,125,840 -60, 824.000 - 45,094,400 67, 84.6,000 39,420,000 Eedeemed during Total redeemed. Outstanding. year. $110 560 . 266, 595, 440 Total • 670 $23, 262, 000 30, 089. 850 60, 756, 850 45, 059, 500 67, 834, 000 39,414, 000 $23,200 35, 990 -67 150 34, 900 ]2 000 6 000 266,416, 200 179, 240 N o . 3 5 O — O N E AND T W O YEAR NOTES OF EACH ISSUE AND DENOMINATION ISSUED, R E D E E M E D , AND OUTSTANDING AT THE CLOSE OF THE FISCAL YEAR 1892. Issue and denomination. . Total issued. • Eedeemed during Total redeemed. Outat anding. year. One-year notes. $10 20 ,$6,200, 000 16, 440, 000 8, 240, 000 13, 640, 000 Ten dollars Twenty dollars Fifty dollars One'hundred dollars Dnknown $6,193,305 16. 426,180 8:233,450 .1.3, 633, 500 90 $6, 695 13, 820 6, 550 6, 500 33,565 90 Deduct unknown Total 44, 520, 000 30 44, 486, 525 33,475 6, 794, 050 9, 677, 900 5 950 2,100 .16,47.1,950. 8, 050 5, 903, 700 14,476, 200 40, 300, 500 89, 289. 000 10;500 1,900 8,200 1, 500 19,000 Two-year notes.. Fiftv dollars . One hundred dollars . " 6,800.000 9, 680, 000 Total 16,480,000 • Two-year coupon notes. Fifty dollars... One'hundred dollars Fiv^ hundred dollars One thousand dollars Unknown . . *. . . •. 5, 905, 600 14, 484, 400 40, 302, 000 89, 308, 000 . Deduct unknown 30, 600 10, 500 .....*.". Total 150, 000, 000 149, 979, 900 20,100 54 REPORT ON THE FINANCES. N o * 3 6 . — U N I T E D STATES C U R R E N C Y OF E A C H CLASS, TOGETHER W I T H O N E Two Y E A R N O T E S AND C O M P O U N D - I N T E R E S T N O T E S , I S S U E D , R E D E E M E D , OUTSTANDING AT THE CLOSE OF THE F I S C A L Y E A R 1892. AND AND • I s s u e d during year. Class. Old d e m a n d n o t e s United States notes T r e a s u r y n o t e s of 1890 . . C u r r e n c y certificates . . . . Gold certificates . '. S i l v e r certificates Fractional currency One a n d t w o y e a r n o t e s . Compound-interest notes Total i Total issued. Eedeemed during year. T o t a l redeemed. O u t s t a n d i n g . $60,030,000.00 $59, 974,352. 50 $66,264,000 2, 469,185, 80S. 00 $66,264, 666.66 2,122, 504, 792. 00 59, 281, 583 • 111, 134, 000. 00 8, 646, 770. 00 10, 270,770. 00 70, 800, 000 1", 012, 535,000. 00 64,160, 000.00 982,115,000.00 70, 525, 000 1,520,884,880.46 66, 387, 500. 00 1,364, 285, 951.46 407,275, 696.00 738, 890, 000.00 92, 956, 881.00 109,856,000 353,444, 678. 50 368,724, 079.45 4, 216.98 210, 938, 375.00 211, 000, 000.00 30.00 266,416, 200. 00 266,595,440.00670.00 346, 100, 30, 156 331, 15, $55, 647. 50 681, 016.00 863, 230.00 420,000.00 598 929.00 614, 304. 00 279, 400. 95 61,625.00 179,240.00 376,726, 583 6,758,979! 207.91 298,420,067.98 5,777,225,815.40 •981,753,392.45 No. 3 " y . — F A C E AND N E T V A L U E OF U N I T E D STATES CURRENCY, O N E AND T W O Y E A R N O T E S , AND C O M P O U N D - I N T E R E S T N O T E S R E D E E M E D ; AND DEDUCTIONS ON ACCOUNT OF MUTILATION, TO THE CLOSE OF THE F I S C A L Y E A R 1892. Class. Old d e m a n d n o t e s United States notes T r e a s u r y n o t e s of 1890 • C u r r e n c y certificates Gold certificates . ... S i l v e r certificates F r a c t i o n a l c u r r e n c y .: One a n d t w o v e a r n o t e s C o m p o u n d - i n t e r e s t notes Total... T o t a l face A^alue. Net value redeemed during year. Total net vidue Deduct i o n s dur- T o t a l deredeemed. ing year. ductions. $59,972,221.25 $59,974,352.50 2,122, 512, 210. 00 $66, 264, 000. 00 2,122, 310, 201. 50 10, 270,840.00 8, 646. 770.-00 10, 270, 770. 00 982,115, 000.00 982,115,000.00 64,160,000. 00 1, 364,286, 570.46 66, 387, 500.,00 1, 364, 285, 798.46 407, 280, 337. 00 92,956, 88L 00 407, 273, O74.'O0 4,216. 98 • 353, 302, 801.11 . 353, 444, 769. 23 210, 938, 375.00 ' 30.00 210, 937, 983.00 266,416, 200. 00 670. 00 266,415,720.00 $150 70 5,777,238, 654.19 298,420, 067.98 5,776, 883, 569.32 570 790 $2 131.25 202 008.50 70.00 772 00 7, 263.00 141,968.12 392 00 480 00 35?, 084. 87 N o . 3 § . — U N I T E D STATES N O T E S OF EACH D E N O M I N A T I O N ISSUED, R E D E E M E D , ' AND OUTSTANDING AT T H E CLOSE O F E A C H F I S C A L YEAR, INCLUDING $1,000,000 OF U N K N O W N DENOMINATIONS D E S T R O Y E D . - Denomination. Eedeemed Issued dur^ i n g year. Total issued. d u r i n g year. T o t a l redeemed. O u t s t a n d i n g . . 1862. One dollar T w o dollars F i v e dollars . T e n dollars TAventy dollars .' F i f t y dollars, One h u n d r e d d o l l a r s Five hundred dollars.. O n e t h o u s a n d dollars $17,140,000 15,440, 000 15, 040, 000 13,000, 000 13, 000, 000 13,000, 000 12, 000,000 98, 620, 000 Total $17,146,666 $2,000,000.00 $2, 000,000.00 $17,140, 000. 00 15,440, 000.00 15,040, 000. 00 13, 000,000.00 13,000,000 00 13, 000,000. 00 10, 000,000. 00 98, 620, 000 • 2, ooo; OGO. 00 2, 000,000. 00 96,620 000 00 15, 440,000 15, 040, 000 13,000,000 13,000, 000 13,000,000 12, 000, 000 1863. One dollar T w o dollars F i v e dollars Ten- dollars T w e n t y dollars - -. F i f t y clollars ' . -• One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d dollars — . . Total.... 16, 000,000 17, 000,000 62,860,000 74, 560,000 59,960,000 10,080,000 17, 800, boo 13,500,000 ' 19, 500, 000 16,000,000 17, 000, 000 80„000, 000 90, 000, 000 • 75, 000, 000 23,080,000 30, 800, 000 26,500,000 31,50O,000 13,032. 00 5, 044.00 59,735. 00 46,140. 00 62,160. 00 44,000.00 1,300.00 1,'000. 00 1,000.00 13,032.00 5, 044. 00 59,'-3.5.t)0 46,140. 00 62,160. 00 44,000. 00 1,300.00 1,000.00 2,001,000.00 15 986 968 00 16,994, 956. 00 79, 940, 265.00 89, 953, 860.00 74,937,840. 00 • 23,036, 000.00 30,798,700. 00 26,499, 000.00 29,-499,000.00 291,260,000 389,880,000 233,411. 00 2, 233,411.00 387, 646, 589.00 55 TREASURER. No. 38.—UNITED STATES NOTES OF EACH DENOBIINATION ISSUED, R E D E E M E D , AND OUTSTANDING, ETC.—Continued. Denomination. ' 1864. One dollar Two dollars Five dollars • Ten dollars Twenty dollars Fifty dollars Onehundred dollars. Five hundred dollars. One thousand dollars. Total Unknown, in reserve. Issued durEedeemed ing yearr. Total issued. during year. Total redeemed. Outstianding. $946,000 768,000 15, 700, 000 18, 880, 000 11, 919, 680 6, 975, 200 3, 544, 000 7,414, OOO 17, 904, 000 $16,946, 000 $96, 759. 35 17, 768,000 62, 648.05 95, 700, 000 175, 290.50 108,880.000 156, 233. 50 86, 919, 680 231, 622.00 30,'055, 200 90, 622. 50 34. 344, 000 . 181,400.00 33, 914, 000 8, 467, 500. 00 49, 404, 000 10, 304,000.00 $109, 791. 35 $16,836, 208. 65 67, 692. 05 17, 700,307. 95 95,464, 974. 50 . 235. 025. 50 . 202; 373. 50 108, 677,626. 50 293, 782. 00 86,625, 898.00 134, 622. 50 29. 920,577r50 182, 700. 00 34,161, 300. 00 8, 468, 500. 00 25, 445,500. 00 12, 305, 000. 00 37, 099,000.00 84, 050,1 473,930, 880 19,766, 075.90 4, 631,190 21,999, 486.90 451,931,393.10 4, 631,190.00 469, 2995 690 19, 766,075.90 21,999,486. 90 447, 300, 203.10 >} 370, 745. 75 17, 761,254.25 -328, 266. 25 19, 567:733. 75 '- 629, 301.00 96, 034,519.00 513, 636. 50 109, 491;403.50 819. 815.00 86, 099.865. 00 325, 570. 00 29, 729;630.00 515, 840.00 33, 828,160.00 9,100, 975.00 24,813, 025. 00 35, 755,000.00 13, 649,000.00 Net. 1865^ One dollar .''. Two dollars , Five dol lars Ten clollars Twenty dollars Fifty dollars One hundred dollars. Five hundred dollars. One thousand dollars. Total ....,., Unknown, in reserve. 1,186, 000 2,128, 000 963, 820 1,125, 040 18,132, 000 19,896,000 96, 603, 820 n o , 005, 040 86, 919, 680 30, 055, 200 34, 344, 000 33, 914, 000 49, 404, 000 260, 954. 40 260, 574. 20 394, 275. 50 311, 263. 00 526, 033.00 190, 947. 50 333, 140.00 632, 475 00 1, 344,000.00 5, 402, 860 479, 333, 740 22, 014,162 4, 253, 662.60 26,253,149.50 457,319,578 4,253,662.60 26, 253,149. 50 431,066,427.9 Net. ^53, 080, 590. 50 22, 014,162. 51 1866. One dollar Two dollars Five dollars , Ten dollars Twenty dollars Fifty dollars.... -. One'hundred dollars.. Five hundred dollarsOne thousand Hollars. Total :.... Unknown, in reserve. 714,000 664,000 11, 000, 000 22,000,000 34, 378, 000 18, 846, 000 1, 266,495.15 . 20, 560, 000 1, 421,898. 50 593.50 96, 663, 820 • 588, 473, 548.00 n o , 005, 040 969, 532. 00 86,919,680 406, 892. 50 30, 055, 200 552, 675. 00 84, 344, 000 387, 425.00 44,914,000 ^672, 800. 00 71,404, 000 513,711, 740 79, 932, 425 Net . 1, 637,240. 90 1,750,164. 75 1, 217, 894. 50 987,184. 50 1, 789, 347. 00 732, 462. 50 1, 068, 515. 00 9,488,400.00 14, 321, 800. 00 17, 208,759.10 18, 809,835. 25 95,445, 925. 50 109, 017,855.50 85,130, 333.00 29, 322,737. 50 33,275, 485. 00 35, 425,600.00 57, 082,200. 00 6,739, 859. 65 32, 993, 009.15 480, 718, 730. 85 79, 932, 425. 00 6,739, 859. 65 32, 993, 009.15 400, 786, 305. 85 1867. One dollar , Two dollars , Five dollars , Ten dollars Twenty dollars Fifty dollars One hundred dollars -. Five' hundred dollars One thousand dollarsTotal , Unknown, in reserve- 1, 500, 000 2, 000, 000 2, 040, 000 56, 412, 000 61,952, 000 Net. 20, 346, 000 22, 560, 000 96, 663,820 n o , 005, 040. 86. 919, 680 30,055,200 34, 344, 000 46, 954, 000 127, 816, 000 3,220, 683. 25 3, 691,717.10 30, 397,678. 75 22, 679,294. 75 19,138, 210. 00 2, 985,275- 00 5, 263,050. 00 5, 301,325.00 64,403, 900. 00 4, 857,924.15 . 5,441,881.85 31, 615,573. 25 23, 666,4.79. 25 20, 927,557.00 3, 717,737. 50 6, 331,565. 00 14, 789,725. 00 78,725, 700. 00 15,488, 075.85 17,118, 118.15 65, 048,246. 75 86, 338,560.75 65, 992,123. 00 26, 337,462. 50 28, 012,435. 00 32,164, 275.00 49, 090,300.00 575, 663,740 157, 081,133. 85 13,806,000 190,074,143.00 385, 589, 597. 00 13, 806, 000. 00 561,857, 740 157, 081,133. 85 190, 074,143.^00 371, 783, 597.00 1868. One dollar Two dollars Five dollars Ten dollars ..,, , Twenty dollars Fifty dollars : One hundred dollars .. Five hundred dollars . One thousand dollars.. Total Unkno"wn, in reserve- 2,483,348 3, 510, 696 2, 032. 000 8,112, 000 16,138,044 Net. 4, 297,683. 25 4, 667,751.70 2, 210,801. 25 3, 506,372. 50 2,391, 665.00 841, 932. 50 974, 975. 00 1, 504,975. 00 5, 459,000. 00 9,155, 607.40 10,109, 633. 55 33,826, 374. 50 27,172, 85L 75 23, 319.222.00 4, 559,670. GO 7, 306,540. 00 16, 294,700. 00 84,184, 700. 00 591, 801, 784 25, 855,156.20 19, 872,484 215, 929,299.20 571,929, 300 25,855,156. 20 215, 929, 299. 20 356, OOQ, 000.00 22, 829, 348 26, 070, 696 96, 663, 820 1.10,005,040 86,919,680 30, 055, 200 34, 344, 000 . 48,986.000 135, 928, 000 13,673, 740. 60 15, 961,062. 45 62, 837,445. 50 82, 832,188. 25 63. 600,458. 00 25, 495,530. 00 27,037, 460. 00 32, 691,300.00 51,743, 300. 00 375, 872, 484: 80 19,872,484. 80 56 No. REPORT ON THE FINANCES. 3 8 . — U N I T E D STATES N O T E S OF EACH DENOMINATION ISSUED, REDEEMED, AND OUTSTANDING, ETC.—Continued. I s s u e d during year. Total issued. Eedeemed during year. $5,522,000 8, 000, 432 4, 336,180 8,004, 960 16,000,320 ' $28, 351, 348 34,071,128 101, 000, 000 118, 010, 000 102,920,000 30, 055, 200 40, 000, 000 58, 986, 000 155, 928, 000 $4,929, 028.40 5, 287, 765. 90 6, 641,495. 50 6, 833, 888.00 5, 816, 229. GO 7,211,355.00 6, 010, 285. 00 7, 548, 475. 00 7, 669, 000. 00 $14,084,635.80" $14,266,712.20 15, 397, 399.45 18, 673,728.55 40,467, 870. GO 60, 532,130.00 34, 006, 739. 75 84,003,260.25 29,135,451. GO 73,784,549.00 11,771,025. GO 18, 284,175.00 13, 316, 825. 00 26, 683,175.00 23, 843,175. 00 35,142, 825.00 91, 853,700. GO 64,074,300.00 669, 321, 676 39,444, 855 57, 947, 521. 80 273, 876, 821. 00 395,444,855.00 39,444,855.00 .-.. 629, 876, 821 57,947, 521.80 273,876,82LO0 356,000,000.00 8, 220,-000 14, 032, 000 19,580,000 37, 920, 000 23, 760, 000 20, 600, 000 . . . 28,600, 000 36,571,348 48,103,128 120, 580, 000 155, 930, 000 126,680, 000 50,655,200 68,600, 000 58, 986, 000 155,928,000 4,422, 884.45 5, 209, 611. 30 9,493, 971.25 17, 681, 072. 50 9, 685. 403. 00 6,677;-217.50 6, 721, 460.00 11, 495, 475. 00 23, 968, 000.00 18, 507, 520.25 20, 607, 010.75 49, 961, 841.25 51, 687, 812. 25 38,820,854.00 18, 448, 242. 50 20, 038, 285. 00 35, 338, 650. 00 115,821,700.00 18, 063, 827. 75 27,496,117.25 70, 618,158. 75 104, 242.187.75 87, 859,146. 00 32. 206, 957. 50 48. 561,715.00 23, 647, 350. 00 40,106, 300. 00 . . 152, 71.2, 000 822,033,676 95, 355, 095. 00 369, 231j 916. 00 452, 801, 760. 00 Denomination. 1869. O n e dollai' T w o dollars F i v e dollars T e n dollars T w e n t y dollars F i f t y dollars O n e h u n d r e d dollars F i v e hundred dollars One t h o u s a n d dollars 5, 656,000 • 10, 000, 000 20,000,000 Total..: Unknown, in reserve 77, 519, 892 Net Total redeemed. Outstanding. 1870. • One dollar T w o dollars F i v e dollars. T e n dollars T w e n t y dollars F i f t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d d o l l a r s Total.. ... ... Less reserve: One dollar T w o dollars ; F i v e dollars T e n dollars T w e n t y dollars F i f t y dollars O n e h u n d r e d dollars F i v e h u n d r e d dolLirs One t h o u s a n d dollars Total ' Net: O n e dollar T w o doUars F i v e dollars •> T e n doUars T w e n t y doUars F i f t y ctoUars O n e n u n d r e d dollars F i v e h u n d r e d dollars O n e t h o u s a n d doUars Total ...... 1,060 893,000 14,000,000 21,366,000 16, 360, 000 10, 055, 000 23, 085,700 2, 041, 000 9, 000, 000 1,060. 00 893, 000. 00 14 000 000.00 21 366,000.00 16 360,000.00 10; 055, 000. 00 23, 085,700.00 . 2,041, 000.00 9. OGO, 000, 00 96, 801, 760 96, 801,760. 00 o 36, 570, 288 • 47,210,128 106, 580, 000 134,564,000 n o , 320, 000 40, 600, 200 45, 514, 300 56, 945) 000 146, 928, 000 18, 507, 520. 25 20, 607, 010.75 49, 961, 841. 25 51, 687, 812. 25 38, 820, 854. OO 18,448, 242. 50 20,038,285.00 35, 338, 650. 00 115, 821, 700. 00 18, 062, 767.75 26 603 117.25 56, 618,158.75 82,876.187.75 71,499; 146.00 22,151, 957.50 25,476, 015. 00 21,606, 350.00 31,106, 300. 00 725, 231, 916 135,173,520.00 369,231,916.00 356, 000, 000. 00 44, 050, 899 53,195,128 112,440,000 145, 830, 000 123, 315, 000 47,155, 200 54. 220, 000 82, 286, 000 183, 328, 000 23, 509,728.70 27,428, 871. 55 63, 978, 373. 50 68,685.653.75 55,428, 647. 00 23. 537, 562. 50 28; 954,165. 00 51, 408. 525. 00 146, 888; 700. 00 20,541,170.30 25 766 256 45 48,461, 626. 50 77 144 346 25 67, 886, 353. 00 23 617 637. 50 25,265. 835. 00 30, 877, 475. 00 36, 439, 300. 00 4,422, 884.45 5, 209, 611.30 10, 053, 996.25 19, 001,072.50 21, 605,403. 00 9, 223, 617. 50 11,411,460.00 16,433,475.00 37, 812,000. 00 1871. O n e doUar T w o dollars F i v e dollars Ten.dollars.. T w e n t y doUars F i f t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d doUars Total 7, 4.80, 611 -5,985,000 5.860,000 n ; 266, 000 12,995. 000 0, 555, 000 8, 705, 700 25, 341, 000 36,400, 000 120,588,311 5,002,208.45 6, 821, 860. 80 14, 016.532. 25 16, 997; 8-11. 50 16, 607, 793. 00 5, 089, 320. 00 8,915,880.00 16, 069. 875. 00 31, 067, 000.00 845, 820, 227 120, 588, 311.00 489, 820,227. GO 356,000,000.00 9, 931, 304 9,172, 000 9, 962. 500 12, 210;'000 13, 001, 000 4,035,-000 5, 098, 000 1, 258, 000 4, 932, 000 .,. 53, 982, 203 62, 367,128 122, 402, 500 158, 040, 000 136,316; 000 .51,1.90,200 59, 318, 000 83, 544, 000 188, 260,000 5,724, 516. 60 7, 566, 791. 90 11, 658, 604. 00 13, 584, 505. 50 13, 264; 976. 50 2; 700, 294. 50 4,722, 665. 00 4, 409, 450. 00 4, 468, 000. 00 29, 234, 245. 30 ' 24,747.957.70 27 '371 464 55 34, 995, 663.45 75, 636,977. 50 46 765 52^- 50 82. 270,159. 25 75, 769, 840. 75 68; 693, 623. 50 67 622 376 50 26,237,857. 00 ^4 952 343 00 33, 676, 830. 00 25, 04i; 170. 00 55,^817, 975.00 27,726, 025. 00 151, 356,700. 00 36,903, 300. 00 69, 599,804 915, 420, 031 68, 099, 804. 00 557, 920, 031.00 1872. One dollar.' T w o dollars F i v e dollars T e n dollars . T w e n t y dollars. i F i f t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d doUars Total.... 357, 500, 000. 00 57 •TREASURER. No.'38.—UNITED STATES N O T E S OF E A C H D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING, ETC.—Continued. I s s u e d duff- T o t a l i s s u e d . ing year. Denomination, 1873. $6,981,567 One dollar 7,816,^000 Two dollars ." Five dollars i. 9, 537,500 9,930,000 Ten doUars 10, 284, 000 Twenty dollars 3, 000, 000' Fifty dollars 4, 792,000 One hundred dollars 3, 067, 000 Five hundred dollars. One thousand d o l l a r s . . . . . . . 8,111,000 Total redeemed. Outstanding. $60,963,770 70,183,128 131, 940, 000 167,970,000 146,600,000 54,190, 200 64, n o , 000 86, 611, 000 196, 371, 000 $6, 517, 793:20 $35, 752, 038. 50 7,712,608.55 42, 708,272. 00 9, 903, 055.00 • 85,540,032.50 12,367,770.75 94, 637, 930. 00 10, 732, 676. 50 79,426, 300.00 1,755, 468. 00 27,993,325. 00 2, 692, 370. 00 36, 369, 200. 00 5,529, 025. 00 61,347, 000. 00 6, 808, 300. GO 158,165, 000. 00 $25,211,731.50 27,474, 856.00 46, 399, 967. 50 73, 332 070. 00 67 173 700 00 26,196, 875.00 27,740,800.00 25, 264, 000. 00 38, 206, 000. 00 63, 519,067 978,939,098 64, 019,067.00 621,939,098. 00 357, 000,000.00 8, 931,669 . . 10,177,520 12, 595,760 15, 665, 240 14,178,400 5, 230, 000 9, 503,300 17,065,000 27, 057,000 69,895,439 80, 360,648 144, 535,760 183,635,240 160,778i400 59,420, 200 73,613,300 103,676,000 223,428,000 8,571,888.50 9,534,938. GO 8,452,272. 50 12, 273,385. 00 8, 887, 230. 00 2, 030, 775. 00 2, 695, 400. GO 34,118, 000. 00 7,840, 000. 00 44,323,927; 00 52, 243, 210.00 93, 992, 305.00 106,911,315. 00 88,313,530.00 30,024,100.00 39, 064, 600. 00 95,465, 000. 00 166, Q05,000. 00 120,403,889 1,099, 342, 987 94,403,889. 00 716,342,987.00 12, 780, 804. 50 12,706, 512.00 12, 617,201. 50 17,129, 380.00 15, 242,828. 00 7, 096, 850. 00 6,620,800:00 5,463, 000. GO 20,479, 000. 00 57,104, 731. 50 64,949,722. 00 106, 609, 506.50 124,040,695.00 103, 556, 358. 00 37,120, 950. 00 45, 685,400. 00 100,928, 000.00 186,484, 000. 00 27,416, 863. 50 26,345 326.00 44, 852, 253.50 73,154, 545.00 67, 382, 042. 00 31,259,950.00 31,218, 600. 00 30,698, 000. 00 44, 444, 000.00 826,479,363.00 376,771, 580. 00 Total 1874. " One dollar . . Two dollars . . . . . . . . . . Five dollars ...• Ten doUars Twenty doUars .Fifty dollars One hundred dollars Five hundred dollars One thousand.dollars Redeemed during year. Total 25,571,512.00 28,117,438.00 50,543,455. GO 76,723,925. 00 72,464 870 00 29, 396,100. 00 34, 548,700.00 8,211, 000. GO 57,423,000.00 383,000,000 08 1875. One dollar Two dollars Five dollars Ten dollars.' . . . . . . . . . . . . . . Twenty dollars Fifty dollarsOne hundred dollars Five hundred dollars One thousand dollars Total..... 14, 626,156 10, 934,400 6,926, 000 13, 560, 000 10,160, 000 8,960, 700, 3, 290,700 , 27, 950, 000 , 7,500, 000 84, 521, 595 91, 295, 048 151,461, 760 197,195, 240 170,938,400 68, 380, 900 76, 904, 000 131,626, 000 .230, 928, 000 103,907,956 1, 203,250,943 n o , 136,376.00 , 1876. ' One doUar Two dollars Five doUars Ten doUars Twenty dollars °. Fifty dollars . One'hundred dollars Five hundred d o l l a r s . . . . . . . One thousand dollars , Total 97, 966, 353 104,087, 048 164, 541, 760 208, 391, 24.0 183,122,400 78, 531, 900 82,584, 000 144, 076,000 231,128,000 12,854,116. 60 11, 656,846.40 11,614, 081.00 14,945,686.00 13,187, 379.00 5,922,185.00 9,676,760.00 9, 379,500. 00 7,940,500.00 69,958,848.10 76,606, 568.40 118, 223,587.50 138,986, 381.00 116,743,737.00 43,043,135.00 55, 362,160. 00 110,307,500. 00 194,424,500.00 28, 007,504. 90 27,480,479. 60 46,318,172. 50 69,404, 859. 00 66,378 663. 00 35,488 765.00 27,221, 840. 00 33,768, 500.00 36, 703,500. 00 91,177,758 1, 294,428,701 97,177, 054. 00 923,656,417.00 370,772, 284^00 10,147,399 9,432,000 14,180, 000 7,320,000 8,160, 000 5, 983,300 6,985,200 5, 733, 000 4,500,000 12,994,606.10 82, 953,454.20 11, 542, 653.40 . 88,149, 221.80 11,199,948. 50 129,423,536.00 12,189,152. 00 151,175, 533. 00 11,931,466.00 128, 675, 203.00 5, 559,155.00 48, 602,290. 00 60,159; 030.00 4, 796, 870.00 115,924, 500. GO 5, 617, 000.00 201,042,500.00 6, 618,000.00 25,160, 297.80 25, 369,826.20 49, 298, 224.00 64,535^707.00 62, 607,197.00 35,912, 910.00 29, 410,170.00 33, 884,500.00 34,585, 500.00 82,448,.851.00 1,006,105,268.00 360, 764, 332.00 13, 444,758 12, 792, 000 13, 080, 000 11,196, 000 12,184,000 10,151, 000 5, 680, 000 12,450,000 200,000 1877. One dollar -. Two dollars Five dollars Ten dollars.. ... Twenty dollars Fifty doUars One'hundred dollars .; Five hnndred dollars One thousand doUars 108,113,.752 113,519, 048 178,721,760 215, 711, 240 191, 282, 400 84,515, 200 89, 569, 200 149,809, 000 235,628,000 72,440,899 1,-366,869,600 Total 1878. One dollar Two dollars Five dollars Ten dollars Twenty dollars .Fifty, clollars One hundred dollars. Five hundred dollars One thousand doUars Total 7,562,351 6,288,000 15, 820, 000 11, 380, 000 9, 200, 000 3,200,000 6,408,600 4, 817,000 2, 600, 000 115,676,103 119,807,048 194, 541, 760 227, 091, 240 200, 482,400 87, 715, 200 95, 977, 800 154, 626, 000 238,228, 000 67,275,951 1,434,145, 551 11,792,774.50 10, 746,878. 00 10,448, 667; 50 10,364,063. 00 9,086,554.00 11,930, 230. 00 4,194, 100.00 7, 823; 000.00 3,973, 000. 00 94,746, 228.70 98, 896,099. 80 139, 872,203. 50 161, 539, 596. 00 137, 761,757. 00 60,532, 520.00 64, 353,130.00 ,123,747,500.00 ^205, 015,500.00 20,929, 874.30 20,910,948.20 54, 669, 556. 50 65,551,644.00 62. 720, 643. 00 27; 182, 680. 00 31, 624, 670. 00 30, 878, 500. 00 33,212,500.00 80,359, 267.00 1, 086,464, 535.00 347,681,016. GO 58 No. REPORT ON T H E 38.--UNITED FINANCES. STATES N O T E S OF EACH DENOMINATION I S S U E D , R E D E E M E D , AND OUTSTANDING, ETC.—Continued. I s s u e d during year. Total issued. Denomination. .. Eedeemed d u r i n g year. Total redeemed. Outstanding. 1879. One dollar $6,503,133 $122,179, 236 5, 892, OQO 125, 699, 048 T w o dollars 11, 060,000 205, 601, 760 F i v e dollars 9, 280, 000 236, 371, 240 T e n clollars „7, 400, 000 207, 882,400 T w e n t y doUars 90,115, 200 F i f t y dollars 1. - 2.400, OOG 100, 985, 500 O n e ' h u n d r e d dollars ' . . . . 5, 007, 700 5, 650, 000 100, 276, 000 F i v e h u n d r e d dollars One t h o u s a n d dollars - 3,900,000 242,128, 000 4, 005, 000 F i v e t h o u s a n d dollars" 4, 005, 000 3,010,000. Ten thousand dollars. ? 3, 010, 000 • Total 64,107, 833 1,498, 253, 384 $9, 223, 026.50 $103; 969,255.20 $18, 209, 980.80 8, 710, 295. GO 107, 606,394.80 18, 092, 653. 20 11, 622, 443. 50 151,494,647.00 54,107,113: 00 10,193, 082. 00 171, 732, 678. 00 64, 638, 562. 00 9, 649,756. GO 147,411, 513.00 60,470, 887."GO 4, 059, 340. 00 25, 523, 340.00 64, 591, 860. 00 4,593,890.00 32, 038, 480. 00 68, 947; 020. 00 3, 959, 000. 00 32, 569,500. 00 127, 706, 500.00 2, 042, 000. 00 35, 070, 500. 00 207, 057, 500. 00 4, 000,000. 00 5,000.00 5, 000. GO 2, 960, 000. 00 50, 000.00 50, 000. 00 64,107,833.00 1,150, 572, 368. OO ,347, 681, 016. 00 1880. O n e dollar .. " T w o dollars -....F i v e dollars T e n dollars T w e n t y dollars F i f t y dollars One h u i i d r e d doUars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d doUars T e n t h o u s a n d dollars Total . 9,057, 863 8, 232, 000 19, 680, 000 16, 520, 000 17, 360,.000 1, 400,000 3, 052, 700 • 2, 300, 000 700, 000 1, 000, 000 -2, 000, 000 131, 237, 099 6, 935,511. 80 110, 904, 767. 00 20, 332, 332. 00 133, 931, 048 5, 971, 840.20 113,578,235.00 20, 352, 813.00 225, 281, 760 8,354,565.00 159, 849, 212. 00 ' 65,432, 548. 00 252, 891, 240 6, 241, 811. 00 • 177,974,489.00 74 916, 751. 00 225, 242, 400 5, 687, 680. 00 • 153,099,193.00 72,143, 207. 00 91, 515, 200 2,114, 345. 00 66,706,205.00 24, 808, 995. 00 104, 038, 200 2, 293, 310. 00 32, 797, 870. GO 71, 240, 330. 00 162, 576. OOG 15, 645, 500. 00 143, 352, 000. 00 19,224, 000. 00 242,828,000 19,238, 000. 00 226, 295, 500. 00 16, 532, 500. 00 5, 005, 000 4,320,000.00 4, 325, 000. 00 680, 000. 00 5, 010,000 4, 500, 000. 00 460, 000. 00 4, 550, 000. 00 81, 302, 563 1, 579, 555, 947 81, 302, 563.00 1,.231, 874, 931.00 347 681 016 00 1881. O n e dollar T w o dollars F i v e dollars T e n dollars T w e n t y dollars F i f t y dollars One h u n d r e d doUars F i v e h u n d r e d dollrurs - - One t l i o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars 9,889, 034 8,752, 000 14,760, 000 9,160, 000 6, 240,000 1, 200, 000 2, 944, 300 700, 000 900, 000 - Total 141,126,133 7,575, 604. 40 . 118,480,37L4O 142,683, 048 6, 860, 690. 60 120,438, 925. 60 240,041,760 10, 623,470. 00 170,472, 682. 00 262,051,240 7, 086, 364. 00 185,060.853.00 231, 482,400 6, 111, 610. 00 159, 210; 803.00 2, 306, 085. 00 92, 715, 200 69,012, 290. GO 2,794, 510. 00 106, 982, 500 74, 034, 840. 00 5, 354, 000. do 163, 276, 000 148,706,000.00 5. 408, 000. 00 243,728,000 231,703,500.00 5, 005, 000 = 225, 000. 00 4,550,000.00 200, 000. GO 5,010,000 4,750, 000. GO 54, 545, 334 1, 634; 101,281 54, 545, 334.00 1, 286,420,265.00 11, 445, 524 10, 472, 000 14, 280, 000 6, 680, 000 5, 680. 000 •3, 200; 000 4, 527, 900 1,750,000 1, 500, 000 4, 995, 000 14, 990, 000 8,370,332.008. 093,497. GO 16, 506, 538. 00 10, 885, 621. 00 9, 294.126. 00 2,71i; 140. 00 3,006,170.00 1, 444, 000. 00 1,189, 000. GO '5, 030, 000. 00 12, 990, 000. 00 22, 645, 761. 60 22, 244,122.40 69, 569, 078.00 76, 990, 387.00 72, 271, 597.00 23,702, 910. GO 32, 947, 660. GO 14, 570,000. GO 12,024,500. 00 455, 000.00 260, 000.00 347,681,016.00 1882. One dollar T w o dollars F i v e , dollars Ten-dollars T w e n t y dollars . . . . F i f t y dollars-. One h u n d r e d dollars F i v e h u n d r e d dollars One t h e n s a n d dollars . . . • - . . F i v e t h o u s a n d dollars T e h t h o u s a n d dollars Total .. 152, 571, 657 153,155, 048 254, 321,760 268, 731. 240 237,162,400 95,915, 200 111,510,400 165. 026, 000 245, 228, 000 10, 000, 000 20,000,000 79, 520,424 1, 713, 621, 705 25,720, 953. 60 126, 850, 703.40 128,532,422.60 24, 622, 625. 40 186,979, 220. 00 67, 342, 540.00 195,946,474. GO 72, 784,766. 00 168, 504, 929. GO , 68, 657,471. 00 71,723,430. GO 24,191,770. 00 77, 041, GIG. GO 34,469, 390. GO 150,150, 000. 00 14, 876, 000.00 232, 892, 500.00 12, 335,500. 00 9,580, 000. 00 420,000. GO 17, 740, 000. 00 2,260, 000.00 79,520, 424. 00 1, 365, 940, 689. 00 347, 681, 016. 00 1883. One doUar T w o dollars F i v e dollars T e n doUars T w e n t y dollars F i f t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d dollars., F i v e t h o u s a n d dollars? T e n t h o u s a n d doUars Total.. .».. 11,986,114 164, 557,771 162, 827,048 9, 672, 000 277,181, 760 22, 860, 000 14. 240, 000 . 282, 971, 240 24.3,162,400 Q'. 000. 000 f« fii5 9,nn 3,900 000 4,356,600 i 115'sS?'nnn 2, 350, 000 167,376 000 4, 400,000 2-19, 628, 000 10, 000, 000 20. 000, 000 20, 000, 000 40,000,000 9, 970, 610. 80 136,821, 314. 20 8, 770, 231. 20 - 137,302,653.80 19,-052,455.00 206, 031, 675. 00 14,291,880.00 210, 238, 854. 00 12, 210, 562. 00 180, 715,491. 00 • 4,205, 875. 00 75, 929, 305. 00 • 4, 523, 600. 00 81, 564, 610. GO 2,127, 500. 00 • 152, 277, 500. GO 2, 407, 000. 00 235, 299, 500. 00 10,105, 000. GO 19, 685,000. 00 22,100, 000. 00 39,840,000.00 109, 764, 7.14 jl, 823, 386,419 109,764,714. 00 1,475,705,403. 00 27,736,456.80 25, 524, 394. 20 71,150,085.00 72, 732, 886. 00 62, 446, 909. 00 23 885, 895.00 34,302, 390. 00 15,098,500.00 14, 328, 500. GO . 315,000.00 160, 000. 00 347,681, 016. GO 59 TREASURER. No. 3 8 . — U N I T E D ^ STATES N O T E S OF EACH D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING, ETC.—Continued. Denomination. Issued." dur- T o t a l i s s u e d . ing year. Eedeemed during year. Total redeemed. Outstanding. 1884. O n e dollar T w o doUars $8,943,236 $173, 501,007 $10, 019, 508. GO $146, 840, 822. 20 7, 808, 000 170,635,048 8,434, oQ8. 00 145, 737,161. 80 23,42Q, 000 300. 601, 760 19,017,170. 00 225,048,845.00 12,160, 000 T e n dollars 295,131, 240 15, 365, 870. 00 225, 604,224. 00 9, 280, 000 252,442,400, 13, 672, 280. GO 194, 387, 771. 00 T w e n t y dollars 104, 015,200 F i f t y dollars . . . . . . 4,200,000 4, 877, 000. 00 80, 806, 305.00 5 237 000 121.104, 000 5, 898, 400. 00 87,463,010.00 4, 900, 000 F i v e h u n d r e d dollars 172; 276, 000 3, 084, 500. 00 155,362, 000. 00 10, 000, 000. 259; 628, 000 O n e t h o u s a n d doUars 5, 294,000. GO 240, 593, 500.00 F i v e t h o u s a n d dollars 20,000,000 185, 000. 00 19, 870,000.00 T e n t h o u s a n d dollars 40,000, 000 100,000. 00 39, 940, 000.00 Total $26, 660,184.80 24, 897, 886. 20 75,552, 915. GO 69, 527, 016. 00 58, 054, 629.00" 23,208,895. 00 33, 640, 990.00 16,914, 000. 00 19,034, 500. 00 130,000.00 60,000. 00 85, 948, 236 1,909, 334, 655 85, 948,236.00 1, 561, 653, 639. 00 10,187,153 10. 856, 000 19,300, 000 9, 640, 000 • 9, 760, 000 4,800, OOO 5, 600, 000 2, 350, OQO 12,GOO, 000 11,895,276.00 158, 736, 098. 20 10,458, 817. 00 156,195, 978. 80 18, 855, n o . 00 243,903,955.00 14, 627, 630. 00 240, 231, 854.00 12, 688,120. 00 •207, 075, 891. 00 • 4,549, 000. 00 85,355,305.00 6,344,200.00 93, 807, 210. 00 2, 707, GOG. GO 158, 069, OQQ. 00 2, 318, 000. 00 . 242, 911, 500. QO 30, 000. 00 19, 900, 000.00 20,-000. GO 39,960, 000. 00 24,952,061.80 25,295, 069. 20 75, 997, 805. GO 64, 539,386. 00 55,126, 509.00 23; 459, 895. GO 32, 896, 790. 00 16, 557, 000. 00 28, 716, 500.00 100, OOO.'OO 40,000.00 84,493,153. 00 1, 646,146, 792.00 347, 681, 016. 00 347,681,016.00 1885. One d o l l a r . T w o dollars F i v e dollars T e n dollars ' T w e n t v dollars F i f t y dollars O n e ' h u n d r e d dollars FiA^e h u n d r e d d o l l a r s . . . . . . . One thousand d o U a r s . . . F i v e t h o u s a n d dollars T e n thousancl dollars Total 183,688,160 181,491, 048 319, 901, 760 304, 771, 240 262, 202, 400 108, 815, 200 126, 704, 000. 174,626,000 271,628,000 • 20, 000,000 40, 000, 000 84, 493,153 1, 993,827, 808 1886. • O n e dollar T w o clollars '... F i v e dollars 21, 320, 666 T e n dollars ' . . 9,960,000 7,120, 000 T w e n t y dollars 2, 000, OQO F i f t y dollars 4, 700, 000 One h u n d r e d doll.ars 400, OOP F i v e h u n d r e d doUars 17, 500, 000 One t h o u s a n d dollars F i v e t h o u s a n d doUars T e n t h o u s a n d dollars Total. 183, 688,160 181, 491, 048 341, 221,760 •314,731,240 269, 322,400 n o , 815, 200 131, 404, 000 175. 026, 000 289; 128, 000 •20,000,000 40, 000,000 63, 000, 000 2, 050, 827, 808 7,348,139.40 7, 090, 699. 60 11, 688, 586. 00 7, 840,725. 00 7,168,130. 00 2,168, 630. 00 6,237,090.00 4, 533, 000. 00 8, 855, 000. 00 40, 000. 00 30, 000. 00 17. 603, 922.40' 166, 084, 237. 60 18, 204, 369. 60 163,286.678.40 85, 629, 219. 00 255,592, 541.00 248,072,579.00 ' 66,658,661.00 214, 244, 021. 00 55 078 379 00 87, 523, 935. 00' 23! 29l', 265. 00 3i; 359, 700. CO 100, 044, 300. 00 12,424, 000. 00 162, 602, 000. 00 37, 361, 500. 00 251, 766, 500. 00 60, 000. 00 19,940,000.00 10 000 00 39, 990, 000. 00 .63, 000, 000. 00 1,709,146, 792.00 347, 681, 016. 00 1887. One dollar T w o dollars F i v e dollars Ten dollars T w e n t y dollars F i f t y dollars O n e ' h u n d r e d doUars F i v e hundred dollars . . One thousand dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total.... . 183,688,160 8, 806,545.90 174, 890,783.50' 181, 491, 048 9,195, 797. 60 • 172, 482, 476. 00 367,961, 760 17, 304, 368. 50 272,896, 909. 50 337,371, 240 8, 927,190. 00 256, 999, 769. 00 285, 562, 400 7, 389, 018. 00 221, 633, 039. 00 112, 815, 200 3, 382, 280.00 90, 906, 215. 00 134, 204, 000 4, 516,300. 00 104, 560, 600. 00 175, 026, 000 4,719,500.00. 167, 321, 500. 00 292, 776, 000 3,648,000 9, 812, OQO. 00 261,578, 500. 00 20, 000, OGO 15, 000. OO 19,955, 000. 00 40,000,000^ 39, 990, 000. 00 26, 740. 000 22, 640, 000 16, 240, 000 2, 000, 000 2, 800, 000 74,068,000 2,130, 895,808 74, 068, 000. 00 1,783, 214,792. 00 8, 797. 376. 50 9, 008, 572. 00 95, 064,850.50 80, 371,471. 00 63, 929, 361. 00 21, 908, 985. 00 29, 643, 400.00 7, 704, 500. 00 31,197, 500. 00 45, 000. 00 10, 000. 00 347, 681,016. 00 1888. O n e dollar T w o dollars F i v e dollars T e n dollars T w e n t y dollars Fifty dollars. One h u n d r e d doUars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d doUars Total..... 7. 300. OOG 17; 000, 000 ^ 28, 800, 000 2, 800, 000 4, 900, OOO 1, 500, 000 1, 352, 000 183, 688,160 3. 617,144. 00 -181, 491, 048 . 4; 031, 636. 00 375, 261, 760 21, 309, 978. 00 354,371,240 11,107,070.00 314, 362, 400 7, 915, 437. 00 115,615,200 2, 838,435. 00 139,1.04, 000 ' 3,439,300.00 176, 526, 000 . 1,136,500.00 294,128, 000 8, 246, 500.00 20, 000, 000 10,000.00 40,000, 000 63, 652,000 2,194, 547; 808 : " y . • • • — , - - 178, 507, 927. 50 176, 514,112. 00 294, 206, 887. 50 268,106, 839. 00 229,548,476.00 93,744,650.00 107, 999, 900. 00 168,458, 000. 00 269, 825, 000. 00 19, 965; 000. 00 39,990,000.00 5,180,232.50 4, 976,936.00 81, 054, 872. 50 86, 264,401. GO 84, 8.13, 924. 00 21, 870, 550.00 31,104,100.00 8, 068, 000. 00 24, 303, 000. 00 35, 000. 00 . 10,000.00 63, 652,000.00 1, 846,866,792.00 347, 681, 016.00 60 REPORT ON THE FINAKCES. N o . 38.—UNITED STATES NOTES OF EACH DENOMINATION ISSUED, REDEEMED, AND OUTSTANDING, ETC.—Continued. Issued durEedeemed i n g y e a r . T o t a l i s s u e d . d u r i n g yelir. Denomination. Total redeemed. Outstanding. 1889. O n e dollar T w o doUars F i v e doUars T e n doUars $13,720,666 . T w e n t y dollars 18,880,000 F i f t y dollars . . . . . 6, 000,000 One h u n d r e d dollars 7, 600, 000 7,750, 000 F i v e h u n d r e d dollars . . . 5, 500, 000 O n e t h o u s a n d doUars F i v e thousancl dolljirs . . . . T e n t h o u s a n d dollars Total $183, 688,160 181,491,048 375, 261, 760 368, 091, 240 333, 242,400 121, 615, 200 146,704,000 184, 276,000 299, 628, 000 20, 000, 000 40, 000,000 $1,465, 704. eo $179,973,632.10 1, 625, 642. 40 178,139t, 754.40 22, 719,912.^00 316, 926, 799.50 13, 400,148.00 28.1,506, 987.00 10, 280, 678.00 239, 829,154.00 3, 628,135. 00 97,372, 785. 00 3, 895,280. 00 111, 895,180. 00 1, 318, 500. GO 169, 776,500.00 1,116,000. 00 270, 941, 000.00 19,965, 000.00 39, 990, 000. 00 $3,714,527. 90 3, 351, 293. 60 58 334, 960. 50 86, 584, 253. 00 93,413, 246. 00 24, 242,415. 00 34, 808, 820. 00 14,499,500. 00 28, 687, 000. 00 35, 000.00 10, 000. GO 59, 450, OGO 2,253, 997, 808 59, 450, 000.00 1, 906, 316,792.00 347,681, 016.00 216, 000 216, 000 20, 020, 000 19, 720, 000 31, 360, 000 • 1,800, 000 3,400, 000 1,400,000 3, 292, 353. 20 638,174. 70 180, 611, 806. 80 694,414.80 178,834,169.20 2, 872, 878. 80 20,624, 576. 50 337, 551, 376. 00 57, 730, 384. 00 15, 893,453. 00 -297,400,440.00 . ,90,410, 800. GO 13,286, 896. 00 253,116; 050.00 111,486,350. 00 4, 580,015. 00 101,952, 800.00 21,462,400. 00 5, 684,470.00 32, 524, 350. 00 117,579,650. 00 4,571, 000. 00 11,328, 500. 00 174, 347,500.00 16, 538, 000.00 12,149,000.00 283,090, 000.00 . 10,000.00 25, 000. 00 19, 975, 000.00 39,990,000.00 10, 000. 00 • 1890. One dollar T w o dollars F i v e dollars T e n doUars T w e n t y dollars Fifty dollars O n e ' h u n d r e d doUars F i v e h u n d r e d doUars One t h o u s a n d dollars F i v e t h o u s a n d doUars Ten t h o u s a n d dollars .. ^otal 183,904,160 181, 707, 048 395,281,760 387, 811, 240 364, 602,400 123,415, 200 150,104, 000 185, 676, 000 299, 628, 000 20,000, 000 40, 000,000 78,132,000 2,332,129,808 78,132,000.00 1,984,448, 792.00 347,681, 016.00 1891. One dollar T w o dollars F i v e doUars T e n dollars T w e n t y dollars .. . .. F i f t y dollars One h u n d r e d dollars ..'. F i v e h u n d r e d dollars . . . . . . One t h o u s a n d dollars F i v e t h o u s a n d doUars T e n t h o u s a n d dollars 476, 000 856, 000 16, 500, 000 19, 440, 000 25,120, 000 1, 800, 000 2,100, 000 V 600,000 3, 900,000 184,380,160 182; 563,048 411,781,760 407, 251, 240 389, 722,400 124, 815, 200 152, 204, 000 186, 676, 000 303,528, 000 ~ 20, 000, 000 40,000, 000 70, 792, 000 2,402, 921,808 Total 378,153 180, 989,959.80 3, 390,200.20 412, 997 179, 247,166. 20 3 315 881 80 16, 703, 395 354, 254, 771.00 57, 526, 989. 00 18, 265,425 . 315,665,865.00 91, 585, 375. 00 17,889, 980 271, 006, 030. GO 118, 716, 370.00 4, 018, 850 105, 971, 650.00 18, 843, 550. 00 5,904, 700 123, 484, 350. 00 28,719, 650. 00 2,950, 500 177, 298, 000. 00 9, 378, 000.00 4, 258, 000 287, 348, 000.00 16,180, 000. 00 10,000 19,985,000.00 15, 000.00 39,990, 000, 00 10,000.00 70,792, 000 2,055, 240, 792. 00 347,681, 016.00 1892. O n e dollar T w o dollars F i v e dollars T e n dollars T w e n t y dollars Fifty dollars O n e h u n d r e d doUars F i v e h u n d r e d dollars O n e t h o u s a n d dollars T e n t h o u s a n d dollars Total • 1, 208, 000 336, 000 19,480, 000 19, 280,000 12, 960, 000 1,600, 000 1,980,000 5, 320,000 4,100,000 185, 588,160 182, 899, 048 431, 261, 760 426,531,240 402, 682,400 126,415, 200 154,184, 000 191, 996, 000 307, 628; 000 20,000, 000 40, 000, 000 , . . . , . - . . 66, 264,000 2,469,185, 808 4,062,065.20 536,135 181,526,094.80 570,420 179,817, 586.20 3, 081, 461.80 61,594,204.00 15,412, 785 369, 667, 556. 00 18,226, 420 333, 892, 285.00 92, 638, 955. GO 18, 472,440 - 289, 478,470. 00 113,203,930.00 3, 673,400 109, 645, 050. 00 16,770,150.00 4, 693, 900 • 128,178,250.00 ^26, 005, 750. 00 2, 378, 500 179, 676; 500. 00 12, 319, 500. 00 2,300, 000 289, 648, 000. 00 17,980,000.00 19, 985, 000. 00 15, 000. 00 39,990,000.00 10, 000.00 . 66,264, 000 2,121, 504, 792. 00 347,681,016.00 61 TREASURER. N o . 3 9 . — T R E A S U R Y N O T E S OF 1890 O F EACH DENOMINATION I S S U E D , R E D E E M E D , AND O U T S T A N D I N G A T T H E C L O S E O F E A C H F I S C A L Y E A R . Denomination. 1891. One doUar Two dollars . Five dollars Ten dollars..-.. , Twenty dollars..-. — One hundred doUars . One thousand dollars Issued durEedeemed j ing year. Total issued. during year. Total redeemed. Outstanding. I $3,656,417 I 3,176,000 10, 220, 000 17,560, 000 3, 440, 000 6, 900, 000 6, 900, 000 $3,656,417 3,176, 000 10,220, 000 17,560, 000 3,440, 000 6, 900, 000 6, 900,000 $139,967 34,908 123,815 512, 290 21, 320 186,700 605, 000 $139, 967 34, 908 123, 815 512, 290 21, 320 186,700 605, 000 $3, 516,450 3,141, 0,92 10, 096,185 17,047,710 3, 418, 680 6,713, 300 6, 295, 000 51,852,417 51, 852,417 1, 624, 000 1, 624,000 50, 228,417 3, 503, 583 6, 688, 000 14, 620, 000 15, 360, 000 8, 320, 000 4,090,000 6, 700, 000 7,160,000 9, 864, 000 24, 840, 000 32, 920, 000 11,760, 000 10, 990, 000 13, 600, 000 1, 502, 909 1, 257, 066 1, 469, 585 1, 722, 330 360, 880 771, 000 1, 563, 000 1, 642, 876 1,291,974 1,593, 400 2,'234, 620 382, 200 957, 700 2,168, 000 5,517,124 8, 572, 026 23, 246, 600 30, 685, 380 11, 377,800 10, 032, 300 11, 432,000 59, 281, 583 111,134, 000 8, 646,770 Total 1892. "One dollar Two doUars Five dollars. Ten dollars Twenty dollars One liundred dollars. One thousand dollars Total No. 10,270,770 100, 863, 230 4 0 . — C U R R E N C Y C E R T I F I C A T E S , A C T OF J U N E 8, 1872, I S S U E D , R E D E E M E D , AND O U T S T A N D I N G A T T H E C L O S E O F E A C H F I S C A L Y E A R . Eedeemed Issued d u r i n g year. Total issued. during year. Denominatidii. Total . redeemed. Outstanding. 1873. F i v e t h o u s a n d dollars TftTi t h o u s a n d doUars Total ... $11,790,000 45,450, 000 $11,790, 000 45,450, 000 ^ $3,310,000 22,120,000 $3,310,000 22,120,000 $8,480,000 23, 330,000 57, 240, 000 57,240, 000 25,430, 000 25,430,000 31 810 000 7, 895, 000 72,770, 000 19, 685, 000 118, 220, 000 8, 855, 000 44,630,000 12,165,000 66,750, 000 7,520,000 51,470, 000 80, 665, 000^ 137,905, 000 53,485, 000 78, 915, 000 58,990, 000 4,525, 000 76, 570, 000 24, 210, 000 194, 790, 000 7,550,000 73,490,000 19,715, 000 140, 240,000 4,495,000 54, 550, 000 • 81,095,000 219, 000,000 81,040,000 159, 955,000 59,045, 000 28,760,000 53, 640,000 52,970, 000 248,430, 000 19, 595,000 88,710,000 39,310,000 228,950, 000 13,660, 000 19,480,000 .82,400,000 301,400,000 108, 305, o'oo 268,260,000 33,140,000 7,135,000 69,750, 000 60,105, 000 318,180, 000 11, 625,000 44; 420, 000 50,935,000 273, 370, 000 9,170,000 44 810 000 76,885,000 378,285,000 56, 045,000 324,305,000 53,980,000 7,300,000 79,380,000 67,405,000 397,560,000 11,055,000. 83,360,000 61,990,000 356,730, boo 5,415,000 40,,830,000 86,680,000 464, 965, 000 94,415, 000 418;720,000 46 245 000 7,435,000 82. 330. 000 74, 840,000 47P ficin (\()(\ 9, 500; 000 97,180,000 71,490,000 453, 910,000 3 350 000 25,980, 000 106, 680, 000 525,400,000 29, 330,000 1874. T e n t h o u s a n d dollars Total . 1875. Five thousand d o l l a r s . . . . . . . . . . . Ten thousand dollars . Total 1876. F i v e thousand dollars T o n t h o u s a n d doUars .. Total. 1877. Flvft tbonsfind d o l l a r s . . • « . . i . . . . Ten thousand dollars. Total 1878. F i v e thousand dollars Ten thousand dollars...... . . . . Total 1879. F i v e t h o u s a n d dollars T e n t h o u s a n d doUars Total .... ' ' 89, 765, 000 -",--',-'^554,730,000 62 REPORT ON T H E FINANCES, N O o ^ O o — C U R R E N C Y CERTIFICATES, A C T O F J U N E 8, 1872, ISSUED, R E D E E M E D , AND OUTSTANDING AT T H E CLOSE OF EACH FISCAL YEAR—Continued. Issued Eedeemed during year. Total issued. during year. Denomination. Total redeemed. Out! standing. 1880. Total $4,015, 000 43,040, 000 $78,855, 000 • 522, 930, 000 $5, 240. 000 56, 870,000 $76,730, 000 $2,125,000 510, 780,000 . 12,150,000 47, 055, 000 601, 785, 000 62, n o , 000 587, 510,000 14, 275, 000 2,215.000 15, 350; 0,00 81, 070, 000 538, 280; 000 2,875,000 17, 350, 000 79, 605, 000 528,130,000 1,465, 000 10,150,000 17, 56o, 000 619,350,000. 20, 225, 000 607,735,000 11, 615, 000 2, 950, 000 13, 960, 000 84, 020, 000 552, 240, 000 1, 875, 000 13, 290, 000 " 81,480,000 541,420,000 2, 540, 000 10, 820, 000 16^ 910, 000 636, 260, 000 15,165, 000 622,900,000 13, 360, 000 3,470, 000 16,.560, 000 87, 490,000 568, 800, 000 3, 520. 000 16, 690,000 • 85,000,000 558, n o , 000 2, 490, 000 10, 690, 000 20, 030, 000 656,290,000 20, 210,000 643, n o , 000 13,180, 000 4, 300, 000 . 22, 570, 000 91, 790,000 591,370,000' 4,520,000 23, 300, 000 89, 520, 000 581,410, 000 2, 270, 000 y, yoQ, UUO 26, 870, 000 683,160, 000 27,820, 000 670. 930, 000 12, 230, 000 5, 785, 000 50, 770, 000 97, 575, 000 642,140, 000 4, 390, 000 35, n o , 000 93,910,000 616,.520, 000 25, 620, 000 56, 555, 000 739,715, 000 39, 500, 000 710,430, 000 29, 285, 000 2, 210, 000 15j 900,000 1881. Total 1882. T e n t h o u s a n d dollars • Total 1883. Total 1884. Total 1885. Total 1886. o , DOO, UUO • Total 1887. F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total 4. 630, 000 43, 020, OOO 102, 205, 000 685,160, 000 6, 085, 000 52,7.40, 000 99, 995, 000 669, 260, 000 47, 650, 000 787,365,000 58, 825, OOQ 769, 255, 000 | 18,110, 000 28, 400, 000 102, 205, 000 713, 560, 000 1, 740, 000 35,750,000 101,-735,000 705, 010, 000 470, 000 8, 550, 000 28,400,000 815, 765,'O0O 37,490,000 806,745, 000 • 9, 020, 000 230, 000 30,170, 000 102,435, 000 743,730, 000 65, 000 24,490, 000 101, 800,000 729, 500,000 635, 000 14, 230, 000 30, 400, 000 846,165, 000 24, 555,000 831, 300, 000 14,865,000' 32, 650, 000 102, 435, 000 776, 380, QQO ,90, 000 30, 230, 000 101, 890; 000 759, 730,000 545,000 16,650,000 32, 650, 000 878,815,000 30,320,000 861, 620,000 17,195, 000 102, 435, 000 799, 860, 000 95, 000 28,190,000 450, 000 101, 985, 000 787, 9.20, 000 . 11,940,000 902, 295, OOQ 28, 285, 000 889,905, 000 12, 390, 000 1888. Total 1889. Five thousand dollars T e n t h o u s a n d dollars •. Total. 1890. F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total ,, , '"23,'486,'666' 23, 480, 000 1891. F i v e t h o u s a n d doUars T e n t h o u s a n d doUars Total s •••• 39, 440, 000 ' 102, 435, 000 839, 300,000 150, 000 27,900,000 102,135, 000 815,820, 000 300, 000 23,480, 000 39, 440, 000 941,735, 000 28, 050, 000 917, 955, 000 23,780, 000 . 10,000 64,150, 000 102,145,000 879,970, 000 290, 000 30,130,000 64,160, 000 j 982,115, .000 30,420,000 • 1892. F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total" 70, 800, 000 102, 435, 000 910,100, 000 70, 800, 000 1,012, 535, 000 63 TREASURER. N o . 4 1 . — G O L D CERTIFICATES OF EACH DENOMINATION ISSUED, R E D E E M E D , AND OUTSTANDING AT THE CLOSE OF EACH F I S C A L YEAR, EXCLUSIVE OF $33,000,580.46 IN IRREGULAR AMOUNTS ISSUED AND R E D E E M E D ON ACCOUNT O F T H E G E N E V A AWARD. Issued d u r i n g year. Total issued. Denomination. Eedeemed during year. Total redeemed. Outstanding. 1866. T w e n t y dollars One h u n d r e d clollars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars' T e n t h o u s a n d dollars .. ... Total $156,360 2, 791, 300 $156,'360 2, 791, 300 $102,400 1, 960,400 $102,400 1,960, 400 $53,960 830, 900 12, 546, 000 82, 000,000 1, 000, 000 12, 546,000 82, 000, 000 1,000, 000 10,683,000 73, 800,- OQO - 1, 000, 000 . 10,683,000 73,800, 000 1, OOO, 000 ol, 863, 000 8,200, 000 •98,493,660 98,493, 660 87,545,800. 87,545, 800 10, 947, 860 360,280 5, 529, 500 1, 453, QOO 27,773,000 167, 520, 000 5, 000, 000 133,620 2, 313, 700 678.500 12,966, 000 75,050,000 4, 000, 000 236, 020 4, 274,100 678,500 23, 649, 000 148, 850, 000 5,000,000 124, 260 1,255,400 774, 500 4,124, 000 18, 670, 000 109,142,120 207, 635,780 95,141,820 182, 687, 620 24, 948,160 . 205, 400 2, 204, 000 2,147, 500 11,758, 000 61, 625, 000 565, 680 7, 733, 500 3,600,500 39, 531, 000 229,145, 000 5,000,000 202, 620 2; 198, 900 .1,953,500 11, 521, 000 63,170, 000 438, 640 6,473, 000 2, 632, 000 35,170, 000 212, 020, 000 5, 000, 000 127,040 1, 260,500 968,500 4, 361. 000 17,125; 000 - 77, 939, 900 285,575,680 79,046,020 261,733, 640 23, 842, 040 792, 940 10, 342, 900 6,099; OQO 52, 492, 000 291, 435, 000 5, OQO, GOG 225,160 2,590.40G 2, 229, 500 12.160, 000 50, 365, 000 663,800 9, 063,400 4,861. 500 47, 330,000 262, 385,000 5, 000, 000 129.140 1, 279;.500 1, 237 500 5,162, 000 29, 050, 000 80, 586,160 ; 366,161,840 67, 570, 060 329,303,700 36, 858,140 167, 060 1, 302, OOQ 3,501, 000 10,053, 000 36, 255; OOQ 25, 530, 000 960, OGO 186, 500 11, 644,900 1, 587, 200 9, 600, 000 3, 012, 500 62, 545,000 10, 310, 000 327, 690, 000 . 46,865,000 - 30, 530, OQQ 14,400,000 850, 300 lO; 650, 600 7, 874,000 57, 640, 000 309, 250. 000 19,400, 000 109 700 "" 994.300 1, 726, 000 4,905.000 18, 440 000 11,130,000 76,808,060 442,969,900 1 .7fi sm 9,00 405, 664, 900 37,305, 000 79,700 715, 300 1,414 000 3,630 000 5,220, 000 11, 040, QQO 1867. T w e n t y doUars One h u n d r e d dollars F i v e h u n d r e d doUars One t h o u s a n d d o l l a r s . F i v e t h o u s a n d dollars T e n t h o u s a n d doUars 203,920 2, 738, 200 1, 453,000 15, 227, 000 85,520, 000 4, OOQ, 000 • Total 1868. • T w e n t y dollars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars Total 1869. 227, 260 2,609,400 . 2, 498, 500 12, 961, 000 62,290, 000 T w e n t y dollars One h u n d r e d dollars F i v e h u n d r e d clollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d doUars Total........ ^ . 1870. T w e n t y doUars One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n thousand dollars ° Total.-... '/ ' 1871. T w e n t y doUars One h u n d r e d dollars F i v e hundred dollars. O n e t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars "Total i.... 80, 000 2,144,000 8, 483, 000 16, 650, OQQ 29, 220,000 960, 000 11,724,900 11,744, 000 71, 028, 000 344, 340, 000 59, 750, QQO j 30, 000 359,000 2,456,000 9, 758,,OQO 90 870 nnn 29, 310, 000 880,300 11,009, 600 10, 330, 000 67,398,000 339,120, 000 48,710, OQO 56, 577, 000 499,546, 900 i 71 7S.^ nnn 477,447, 900 c 22,099 000 ' • 1872. T w e n t y dollars One h u n d r e d d o l l a r s . F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e ^ . h o u s a n d dollars T e n t h o u s a n d doUars 900, 000 3,041, 500 8, 728, QOO 15, 940, QOO 34,620 000 960,000 12,624, 900 14,785, 500 79, 756, 000 360,280,000 Qi .^70 onn Total.... 63, 229, 500 562, 776,400 - - 52,179,000 25,200 662, 300 2, 618, 500 7, 918, 000 12, 765, 0 0 0 ' 28,190, 000 905,500 54,500 953, QQO 11,671, 900 1,837 000 12, 948, 500 75, 316, 000 0' 4, 440, 000 8,395,000 351, 885, 000 76, 900,.QOO 17,470, 000 529, 626, 900 33,149, 500 64 -REPORT ON T H E FINANCES. N o . 4 1 . - — G O L D C E R T I F I C A T E S OF E A C H D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDI|^G AT THE CLOSE OF EACH FiSCAL YEAR, E T C . — C o n t i n u e d . Denomination. Issued Eedeemed during year. Total issued. during year. Total redeemed. Outstanding. 1873. Twenty dollars One hundred dollars — Five hundred dollars.., One thousand dollars.. Five thousand dollars. Ten thousand dollars.., Total., $1,163, 500 3,449.000 7,103; 000 10, 775, 000 33,080, 000 $960, 000 13, 788, 400 . 18,234,500 86, 859, 000 371, 055, 000 127,450, 000 $10,900 902,600 2, 257, 500 5, 901, 000 11,710, 000 24,100, 000 $916,400 •; $43,600 12,574,500 i 1,213,900 15,206,000 \ 3, 028, 500 81,217,000 • 5, 642, 000 363,595,000 ' 7,46P, 000 101, 000, QQO ; 26,450,000 55, 570, 500 618,346,900 44,882, 000 574,508,900 ! 43,838,000 1,126, 200 3,184, 000 5, 682, 000 8,155, 000 29, 970, 000 960,000 14, 914, 600 21,418,500 92, 541, 000 379, 210, 000 157,420,000 17, 000 1, 098, 600 3, 057, 500 6,607,000 11,880, 000 46,470, 000 48,117,200 666,464,100 69,180,100 643, 639, 000 i 22, 825,100 1,196, 600 3, 590, 500 8,873, 000 12, 790, 000 43, 800, 000 960, 000 16, 111, 200 25, 009,000 101,414, 000 392,000,000 201, 220, 000 21,100 1,409,800 4,097, 000 8,836, 000 12, 895, 000 44,020, 000 954,500 15,082,900 ^22,360,500 96, 660,000 388,370, 000 191,490, 000 5,500 1,028,300 2, 648,500 4,754, 000 3,630,000 9,730,000 70,250,100 736,714,200 . 71, 278, 900 714,917,900 21,796, 300 1, 077,600 2,805,500 8, 001, 000 44,885, 000 33,850, 000 960, 000 17,188, 800 27, 814, 500 109, 415, 000 436,885, 000 235,070, 000 2,300 978, 700 2, 536,000 7, 642,000 35, 085, OGO 37,490, 000 956,800 16, 058,600 24, 896,500 104,305,000 423,455,000 228, 980,000 8,200 1,130, 200 2, 918, 000 5, n o , 000 13,430,000 6, 0^0, 000 . 90, 619,100 827, 333,300 83, 734; 000 798,651,900 i 28,681,400 1, 273,700 2, 698,500 6,194, 000 8,495,000 39, 480, 000 960, 000 18,462, 500 30, 513,000 115,609,000 445, 380,000 274,550, 000 1,200 1,199, 300 2, 598, 500 5,211, 000 15, 930,000 20, 310, 000 958,000 17,257,900 27,495, 000 109, 516, 000 439,385,000 249; 290, 000 2,000 1, 204,600 3, 018, 000 6,093,000 5, 995,000 25, 260,000 58,141,200 885,474, 500 45,250,000 843, 901,900 41, 572,600 1,448, 400 1,795, OQO 4, 534, 000 . 8,275,000 34, 290, 000 19,910, 900 32, 308, 000120,143, 000 453,655, 000 308, 840, 000 1, 315, 000 1,791,000 4,422, 000 8, 870,000 31,150,000 18, 572, 900 29, 286,000 113,938, 000 448,255, 000 280,440, 000 1, 338, 000 3, 022, 000 6, 205, 000 5, 400, 000 28, 400, 000 50, 342,400 935, 816,900 47, 548,000 891,449,900 44,367,000 960, 000 500 323,400 536, 000 1,738, 000 4, 230, 000 5, 490, OOO 20,234,300 32, 844, 000 121,881, 000 457, 885, 000 314, 330, 000 962, 200 2, 348, 000 4, 945, 000 7,175, 000 25,840, 000 19, 535,100 31,634,000 118,883, 000 455,430, 000 306, 280, 000 12, 317,400 948,134, 300 41, 270,700 932,720,600 1874. Twenty dollars One hundred dollars... Five hundred clollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total. 1875. . Twenty dollars One hundred dollars . . Five hundred dollars.. One thousand dollars.. Five thousand doUars. Ten thousand dollars.. Total. 1876. Twenty dollars One hundred dollars... Five hundred dollars.. One thousand doUars.. Five thousand dollars. Ten thousand dollars.. Total. 1877. Twenty dollars , One hundred dollars..'. Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total. 1878. Twenty dollars Fifty dollars , One hundred dollars . . . Five hundred ^dollars... One thousand dollars . Five thousand dollars. Ten thousand dollars.., Total. 960, 000 958,000 2,000 1879. Twenty dollars Fifty d.oUars , One'hundred dollars . . Five hundred dollars..'. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total.. 958,500 1,500 699,200 1, 210,000 2, 998, 000 2,455,000 8, 050, 000 15,413, 700 65 TREASURER. No. 4 1 . — G O L D C E R T I F I C A T E S O F E A C H D E N O M I N A T I O N I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE O F EACH F I S C A L Y E A R , ETC.—Continued. o I s s u e d during year, • Total issued. Denomination. - P Total......... 1881. T w e n t y dollars ..... F i f t y dollars One h u n d r e d d o l l a r s F i v e h u n d r e d doUars One t h o u s a n d d o l l a r s F i v e t h o u s a n d dollars : T e n t h o u s a n d d o l l a r s ...- . Out' standing. $960,000 . $400 $958, 900 291, 200 744,500 1,788,000 1,385,000 3, 200, 000 19, 826, 300 32, 378, 500 120, 671'. 000 • 456, 815, 000 309,480, 000 408,000 465, 500 1, 210, 000 1,070,000 4, 850, 000 948,134, 300 7; 409,100" 940,129, 700 8, 004, 600 960, 000 380 ' Total 1883. T w e n t y ' dollars . . . . F i f t y dollars . . . . One h u n d r e d clollars F i v e h u n d r e d doUars O n e t h o u s a n d dollars F i v e t h o u s a n d dollars-. T e n t h o u s a n d dollars . ... 1884. T w e n t y dollars ^ F i f t v dollars One h u n d r e d clollars F i v e h u n d r e d dollars Oue t h o u s a n d d o l l a r s F i v e t h o u s a n d d o l l a r s -.^ T e n thousand dollars . Total , 1885. T w e n t y dollars • F i f t y dollars . . . . One h u n d r e d dollars F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars • 1886. Twfiiitv dollars F i f t y dollars .. One h u n d r e d doUars F i v e h u n d r e d doUars One t h o u s a n d doUars F i v e t h o u s a n d dollars T e n t h o u s a n d doUars Total •FI92- $1,100 959, 280 720 . 268,700 258, 500 725, 000 800, 000 ' 3, 730, 000 2, 221, 680 942,351, 3§0 959, 280. 790 20, 234, 300 32, 844, 000 121,881,000 457, 885, 000 314, 330, 000 44,800 50,000 151,000 210, 000 290,000 20,010,400 32, 635, 500 121, 307, 000 457,295,000 310, 890, 000 223, 900 208,500 574 000 590, 000 3, 440, 000 948,134, 300 745,800 943,097,180 - . 5, 037,120 960, 000 .' , 139, 300 19,965,600 .. 207,000 . . 32,585,500 485,000 121,156, 000 270, 000 . 457, 085, 000 1,120, 000. 310, 600, 000 . 948,134,300 Total - 20, 234, 300 32,844, 000 121, 881, 000 457, 885, 000 314,330,000 20,234, 300 32, 844, 000 121, 881, 000 457, 885, 000 314, 330, 000. Total 1882. T w e n t y clollars Fifty dollars One h u n d r e d d o l l a r s F i v e h u n d r e d dollars One t h o u s a n d dollars F i v e t h o u s a n d dollars T e n t h o u s a n d dollars ' •TotaL ' redeemed. ' 1880.T w e n t y dollars F i f t y dollars One h u n d r e d d o l l a r s F i v e hundred dollars...• One t h o u s a n d d o l l a r s F i v e t h o u s a n d dollars Ten thousand dollars Total Redeemed during year. $9, 360, 000 9, 200, 000 8, 900, 000 8,250,000 13, 000, 000 8,000,000 30,000, 000 10, 320, 000 9, 200, 000 29,134, 300 41, 094, 000 134,881,000 465. 885, 000 344, 330, 000 86,710,000 1, 034, 844, 300 5, 520,000 1, 300, 000 1,400,000 2, 250, 0004, 000, 000 7, 000, 000 20, 000, 000 5, 782, 920 1,156,460 197,180 149, 200 149, 200 20,261,500 251,100 32, 966, 500 331, 000 121, 947, 000 640, 000 1,160, 000 .: 458,455, 000 317, 530, 000 6, 640, 000 9,163, 540 9, 050, 800 8,872,800 8,127, 500 12, 934, 000 7, 430, 000 26,800, 000 9,368,480 952, 465, 660 82, 378, 640 15,840, 000 10, 500, 000 30,534,300 • 43,344,000. 138,881,000 472, 885, 000 364, 330, 000 1,328,180 1,231,'800 1, 083, 000 1,596, 000 2,132, 000 3,435, 000 14, 650, 000 2,484, 640 - 1,381,000 21, 344, 500 34, 562, 500 124, 079, 000 -461, 890, 000 332,180, 000 13,355,360 9,119, 000 9,189, 800 8, 781, 500 14' 802 000 10,995,000 32,150, OOO 41, 470,000 1, 076, 314, 30O . 25,455,980" 977,921, 640. ' 98,392, 660 400,000 2,700, 000 1,800,000 6, 600, 000 - 9,000,000 7, 500,000 35, 000, 000 16,240, 000 13,200,000 32, 334,300 49, 944, 000 147,881, 000 480, 385, 000 399,330,000 1,411,020 1,375,200 1,386, 300 1,189,000 1,443, 000 3, 995, 000 10, 270, 000 3, 895, 660 2,756, 200 22, 730, 800 35, 75i; 500 125, 522, 000 465,885,000 342,450,000 63, 000, 000 1,139, 314, 300 21, 069, 520 998,991,160 140,323,140 4,903,110 3, 582, 045 23,420,900 36,704, 000 • 129, 385, 000 466,565, 000 344, 620, 000 11,976,890 9,717 955 9,013,400 13,440, 000 .18,496,000 13, 820, 000 54, 710, 000 1, 009,180, 055 131,174,245 640,000 100,000 • 100,000 200,000 1,040, 000 - ^16, 880, 000 • 1,007,450 13,300,000 825,845 32,434, 300 690,100 50,144,000 952, 500 147,881,000 * ^ 3, 863, 000 480, 385, 000 - ^ 680,000 2, .170, 000 399,330, 000 1,140,354,300 10,188, 895 •/ 12, 344,340 10,443,800 9, 603, 500 14,192,500 22, 359, 000. 14, 500,000 56, 880, 000 66 REPORT ON T H E FINANCES. N o . 4 1 . — G O L D CERTIFICATES O F EACH DENOMINATION I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE O F E A C H F I S C A L Y E A R , ETC.—Continued. Denomination. Issued during year. Eedeemed Total issued. during year. Total redeemed. Outstanding. 1887. Twenty doUars Fifty dollars One hundred dollars... Five hundred clollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars . $16, 880, 000 13,300,000 32,434,300 50,144, 000 147,881, 000 480,385,000 399, 330, 000 1,140, 354, 300 Total. $1,104, 828 1,492, 600 1,056,000 1,409, 000 1,120,000 625,«0Q0 2. 880, 000 $6, 007, S38 $10, 872, 062 5, 074, 645 8. 225, 355 24,476, 900 i ; 957, 400 38,113,000 12,031,000 130, 505,000 17, 376, 000 467,190, 000 13,195, 000 347, 500, 000 51, 830, 000 9, 687, 428 1, 018, 867,483 121,486,817 1888. Twenty dollars Fifty dollars One hundred dollars . . Five hundred .dollars.. .One thousand dollars.. Five thousand dollars;. Ten thousand doUars.. $4,160. 000 4,500,000 7, 800, 000 4,700, 000 14, 000, 000 20, 000, 000 30, 000, 000 21, 040, 000 17, 800, 000 40, 234,300 54,844,000 161, 881, 000 500, 385. 000 429, 330; 000 85,160, 000 1^225,514,300 Total. Twenty doUars Fifty dollars One hundred doUars . . Five hundred doUars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. 2, 000,000 6, 000, 000 30,155,000 41,120, 000 79,275,000 Total . 21, 040, 000 17, 800,000 40, 234,300 56, 844,000 167, 881. 006 530, 540, 000 470,-450,000 1,304, 789, 300 2, 070, 062 2,480, 205 2, 088,400 4,420, 000 5, 875, 000 •9, 330, 000 38,360, 000 64,623,667 1,982, 898 1,801,800 2,021,900 3, 235, 500 10, 287, 500 17,020,000 30, 900,000 67,249,598 8, 078,000 7,554, 850 26, 565. 300 42, 533; 000 136, 380, 000 476, 520, 000 385,860, 000 12, 962, 000 10. 245,150 13; 669. OOo 12, 311, 000 25. 501, 000 23, 865, 000 415,470. 000 1, 083,491,150 142,023,150 10, 060, 898 9, 356, 650 28, 587,200 45, 768, 500 146, 667,500 493,540,000 416,760, 000 1,150,740,748 10,979,102 8, 443. 350 11, 647,100 n , 075, 500 21,213,500 37,000, 000 53. 690,000 154, 048, 552 1890. Twenty dollars Fifty dollars One'hundred dollars . . Five liundred dollars .. One thousand doUars.. Five thousand dollars . Ten thousand dollars . 2,880,000 2, 200, 000 2, 000, 000 2, 000, 000 4, 000, 000 11.350,000 24; 620, 000 23, 920,000 20. 000,000 42, 234, 300 58, 844,-000 171, 881, 000 541, 890. 000 495, 070. OQO ' 49, 050, 000 1, 353, 839, 300 Total . ^ 1,905,628 1,600,145 1,533,800 1,734, 000 2,152,000 13,950, 000 22, 680. OQO 11,966,526 10,956, 795 30,121,000 47,502, 500 148. 819,500 507,490,000 439,440, 000 45, 555, 573 1,196,296, 321 11,953,474 9. 043, 205 12,113, 300 11. 341,500 23,061,50(? 34,400.000 55, 630,-000 157,542,979 1891. Twenty dollars Fifty clollars One hundred dollars ..' Five hundred doUars.. One thousand dollars.. Five thousand dollars. Ten thousand doUars.. ' 4,240,000 1,000, 000 2,400,000 2, 200, 000 3,300.000 6,680,000 43,700,000 28,160.000 21.000; 000 44,634.300 61. 044. OQO 175,181, 000 548, 570, 000 538, 770.000 63,520, .000 1,417, 359, 300 Total, • 1,971,700 1, 587, 350 1, 698. 500 • 2, 17Q; 000 5, 314. 000 14. 380; QOO 41; 480; 000 13,938,226 12,544,145 31.819, 500 49, 672, 500 154,133, 500 521. 870,080 480; 920,000 14,221,774 8, 455. 855 12,814.800 11,371. 500 21. 047". 500 26; 700.000 57, 850. 000 68, 601,550 1, 264,897,871 152,461,429 1892. Twenty doUars .* Fifty doUars One hundred dollars . . Five hundred dollars.. One thousand dollars . Five thousand dollars. Ten thousand dollars Total 160, 000 400, QOO 400,000 1,000,000 7, 000. 000 • 18,725; 000 42. 840, 000 28, 320, 000 21, 400, 000 45.034,300 62,044,000 182,181, 000 667, 295, 000 581, 610,000 70, 525, 000 L 487, 884, 300 2, 260,800 1, 748. 900 2. 379; 800 2; 512. 000 7, 871, 000 14; 615, 000 35, 000. 000 16.199, 026 14. 293,'045 34,199. 300 52.184; 500 ' 162,004. 500 536. 485, 000 515. 920.000 12,120, 974 7.106. 955 10, 835. 000 9. 859,500 20.176. 50C 30, 810, 000 65. 690, 60a 66,387, 500 1,331,285, 371 • 156, 598,929 67 TREASURERo . N o . 4!^o- -SiLVPiR CERTIFICATES OF EACH DENOMINATION ISSUED, R E D E E M E D , AND OUTSTANDING AT THE CLOSE OF EACH F I S C A L YEAR. Issued Eedeemed d u r i n g year. Total issued. d u r i n g year. Total redeemed. Outstanding, Denomination. 1878. T e n doUars T w e n t y dollars Filliy d o l l a r s O n e h u n d r e d doUars F i v e h u n d r e d dollars One t h o u s a n d dolla.rs Total ^$123, 220 10, 240 • .13,-250 179, 700 . 268,000 I, 256, 000 $123,220 10,240 13,'250 179,700 268,000 1, 256, 000 - 1, 850,410 1,850,410 1, 850,410. 00 $123,220.00 10'940 no 13, 250.00 179,700.00 268, 000. 00 1,256,000.00 1879. T e n dollars T w e n t y doUars Fifty dollars One h u n d r e d d o l l a r s F i v e h u n d r e d dollars One t h o u s a n d dollars 167, 000 96, 000 145, 000 481, 000 ^2,268,000 7,843; 000 $3,170.00 580.00 $3,170. 00 580. 00 - 5,300.00 1,768,000.00 6, 683, 000.00 5, 300. 00 1, 768,000. 00 6,683,000.00 163 830 no* 95,420.00 .145,000.00 475,700.00 500,000.00 1,160, OOO.jOO 9,149, 590 11,000,000 8, 460,050. 00 8,460, 050. 00 2,539,950.00 2, 007, 000 '1,890,000 1,195,000 1, 449, 000 750, 000 2,727,000 2,174,000 1, 986, 000 1, 340, 000 1, 930, 000 3, 018, 000 10,570,000 23,490.00 26,660.00 11,120. 00 10, 540. 00 11, 050. OO 11, 050. 00 25, 400. 00 20,100. 00 20, 500. 00 . 1,788,500.00 6, 781,000. SO _ 98, 000. 00 2 147 340 00 1,974,880.00 1, 328, 950. 00 1, 904, 600. 00 .1, 229, 500. 00 3, 789,000. 00 10, 018, 000 21,018,000 183,680.00 8,643,730.00 18,700,000 16, 560, 000 2, 310, 000 2, 410, 000 '632,000 300, 000 20, 874, 000 18, 546, 000 3, 650, 000 •4, 340, 000 3, 650, 000 , 10, 870, 000 480, 310. 00 372, 780.00 157, 350.00 285, 300. 00 ' 215, 000.00 609, 000. 00 506, 970. 00. 383, 900. 00 168,400. 00 • . 310,700.00 2, 003, 500. 00 7, 390, 000. 00 20,367,030.00 18,162,100.00 3,481,600.00 4,029,300.00 1, 646, 500.00 3,480,000. 00 40, 912, 000 61,930,000 2,119, 740.00 10, 763,470. 00 51,166,530. 00 12, 240, 000 9, 040, 000 400, 000 . 800, 000 700, 000 1,120, 000 33,114,000 27, 586, 000 4, 050, 000 5,140, 000 4, 350, 000 11, 990, 000 3,361,310.00 3,868,280.00" 29, 245, 720.00 2, 241, 860. 00 • 2,625,760.00 24, 960, 240. 00 598, 050. 00 ^ 766, 450. 00 3, 283, 550. 00 .808, 600. 00 1,119,300.00 4, 020, 700. 00 612, 000. 00 . 2, 615, 500. 00 . 1,734,500.00 1, 748, OQO. 00 9,138,000.00 2, 852, 000. 00 . 24,300;000 86, 230,000 9, 369, 820. 00 20,133, 290. 00 OG, 096, 710. 00 T e n doUars T w e n t y dollars Fiftv dollars . . . ; O n e l i u n d r e d dollars . . . F i v e h u n d r e d dollars One t h o u s a n d dollars 11, 880, 000 •13, 360; 000 1, 600, 000 2, 400, 000 1,800,000 4,000,000 44,994,000 40, 946, 000 5, 650, 000 7, 540, 000 6,150, 000 15, 990, 000 4, 237. 828. 00 3,167, 456. 00 886, 615. 00 1,173,480.00 1, 008, 500. 00 : 2, 046, 000. 00 • 8,106,108.00 5, 793, 216.00 1, 653,065.00 2, 292, 780. 00 3, 621, 000.00 11,184,000.00 36,887,892.00 35,152,' 784. 00 3, 996, 935.00 5,247,220.00 2,526,000.00 4, 806, 000. 00 35,040,000 ; 121, 270, 000 12,519,879.00 32, 653,169.00 88, 616,831.00 19, 000, 000 20, 080, 000 3, 200, 000 4, 000, 000 2, 500, 000 3, 500, 000 63, 994,000 61, 026, 000 8, 850, 000 • 11,540,000 8, 650, 000 19,490,000 8,397,180. 00 7, 368, 260.00 - 903,300.00 1,107, 900. 00 648,500.00 1, 580,000.00 16, 503,288. 00 13,161, 476. 00 2, 556, 365. 00 3,400, 680. 00 4,272,500.00 12, 764, 000.00* 47,490,712. 00 47,864, 524. 00 6,293,635.00 8,139, 320.00 4,377,500.00 6,726,000.00 52, 280, 000 173, 550, 000 20,005^140.00 52, 658, 309.00 120, 891, 691. 0 0 , 43,-780 85, 760 131, 750 • 301,300 2,000,000 •6,587,-000 , Total: 1880. • T e n dollars - F i f t y dollars One h u n d r e d d o l l a r s . F i v e h u n d r e d dollars One thousand dollars Total.. 1881. . 12,374 270 00 - , T e n dollars T w e n t v clollars - Fifty dollars . One h u n d r e d d o l l a r s . F i v e h u n d r e d dollars One t h o u s a n d dollars - Total , 1882. T e n doUars T w e n t y dollars F i f t v dollars O n e h u n d r e d dollars F i v e h u n d r e d doUars — . . . O n e t h o u s a n d dollars . . . . . . . Total ... 1883. Total \ : 1884. T e n dollars T w e n t y dollars Fifty dollars : . . ' . . . . One h u n d r e d doUars F i v e h u n d r e d doUars One t h o u s a n d d o l l a r s Total • 68 No. REPORT ON T H E FINANCES. 4 2 , — S I L V E R CERTIFICATES O F EACH DENOMINATION ISSUED, R E D E E M E D , AND OUTSTANDING AT T H E CLOSE OF EACH F I S C A L YEAR—Continued. Denomination. Issued dur- T o t a l issued. ing year^ Eedeemed during year. Total redeemed. Outstanding. 1885. Ten dollars Twenty dollars ,Fifty dollars • One hundred d o l l a r s . . . . . . . Five hundred dollars One thousand dollars 'Total. $14,040, 000 12,160,000 2, 200, 000 2, 600, 000 5,000,000 4, 000, 000 40,^000, 000 Ten dollars... Twenty dollars Fifty doUars One hundred dollars . Five hundred doUars. One thousand dollars . Total. $78,034, 000 $9,783, 585. 00 $26, 286, 873.00 $51,747,127.00 52, 010,964. 00 73,186, 000 8, 013, 560. 00 21,175,036.00 839, 600. 00 11, 050, 000 3. 395, 965. 00 7,654,035.00 9, 878, 520. 00 860, 800. 00 4, 201, 480. 00 14,140, 000 8, 910, 000. GO. 467, 500. 00 4,740,000.00 13, 650, 000 9,701,000.00 13, 789, 000. 00 23, 490,-000 1, 025, 000. 00 213, 550, 000 20,990,045. 00 3, 800, 000 800,000 81, 834, 000 73, 986, 000. 11, 050, 000 14,140, 000 13, 650,000 •23,490, 000 5,277,740.00 7, 853, 336. 00 • 269,195.00 267,700.00 7, 075, 000.00 7, 781, 000. 00 4, 600, 000 218,150,000 28,523,971.00 73,648,354.00 139,901, 646. 00 31, 564, 613. 00 50, 269, 387.00 29, 028, 372.00 44, 957, 628. QO 7, 384, 840. 00 3,665,160.00 9.610,820.00 4, 529,180. 00 1, 835, 000. 00 11,'815, 000. 00 1, 920, 000. 00 21,570.000.00 102,172, 325. 00 115,977, 675. 00 1887. One dollar Two dollars Five dollars Ten dollars Twenty dollars Fifty clollars . One hundred dollars . . Five, hundred doUars '. One thousand doUars.. Total. 13, 979,496.10 8, 905,996.40 7, 728,241.50 54,200, 870. 00 50,629, 016. 00 5,196, 100. 00 3, 713,430. 00 669, 000.00 000. 00 - , 521, 14,156,000 8, 976, 000 7, 760,000 10,440, 000 9, 520, 000 1,000,000 14,156,000 176, 503. 90 8, 976, 000 70, 003.60 7, 760, 000 • 31, 758. 50 92, 274, 000 6, 508, 517. 00 83, 506, 000 3,848,612,00 12, 050, 000 3,188, 740.00 14,140, 000 5, 897, 390. 00 13, 650, 000 1,16(5, 000. 00 -23,490, 000 1, 399, 000. 00 51,852,000 270,002, 000 22,286, 525.00 124, 458, 850. 00 145, 543,150. 00 14,172,000 10, 424, 000 44,700,000 36, 520, 000 80,000 28, 328, 000 1,419, 892.10 19,400, 000 732,758.40 52,460, 000 818,381. 50 128, 794, 000 10, 255, 360.00 83, 586, 000 6, 868. 856. 00 12, 050, 000 804; 500. 00 14,140, 000 660.130. 00 188,500. 00 13, 650, 000 199, 000. 00 23, 490, 000 176, 503. 90 70, 003. m 31, 758. 50 38, 073,130. 00 32. 876,984. 00 6, 853,900. 00 10,426, 570.00 12, 981,000.00 22,969, 000.00 1888. Oiie dollar, i Two doUars Five dollars Ten doUars Twenty dollars Fifty dollars '. One hundred doUars . Five hundred dollars. One thousand dollars. Total 1, 596,396. 00 26,731, 604.00 -802. 762. 00 18, 597,238. 00 51,609, 860.00 850, 140.00 48, 328,4.90. 00 80,465, 510.00 39,745, 840. 00 43, 840,160. 00 4,391, 600, 00 7,658, 400.00 11, 086,700.00. - 3,053, 300.00 480, 500.00 13,169, 500. 00 322, OOO.OO 23,168, 000.00 105,896,000 375, 898, 000 21,947, 378.00 146,406,228. 00 229,491,772. 00 8, 772, 000 5,800,000 38,540, 000 ^20, 480, 000 160, 000 37,100,000 7,595, 632.20 25, 200,000 4,159, 572.80 91,000, 000 4, 570,120.00 149, 274, 000 13, 508,887. 00 83,746, 000 8, 890,544. 00 12, 050, 000 932, 790. 00 14,140,000 727, 480.00 13,650,000 134, 000;00 23,490,000 95, 000. 00 1889. On© dollar Two dollars... Fivedollars Ten dollars.., Twenty dollars Fifty dollars One hundred dollars.. Five hundred dollars. One thousand doUars,. Total. 9,192, 028. 20 4,962, 334.80 5,420, 260.00 61,837, 377.00 48; 636,384.00 8, 591,190.00 11, 814,180.00 13, 303,500.00 23, 263,000.00 27,907, 971.80 20, 237,665.20 85, 579,740. 00 87,486, 623.00 35,109, 616.00 3, 458,810.00 820. 00 . 2, 325, 346, 500. 00 227, 000. 00 73,752, 000 449, 650, 000 40, 614, 026.00 187, 020, 254. 00 262, 629,746. GO 14, 700, OOQ 9, 280, 000 28,100, 000 39, 000, 000 51,800,000 11, 473,489. 70 34,480, 000 6, 959,904. 80 119,100,000 11,552, 583.50 188, 274, 000 14,965, 607.00 83, 746, 000 8,-828,760.00 12,850,000 1,003, 950.00 700.00 16, 740, 000 • 636, 13,650, 000 93, 000. 00 23,^490, 000 56, 000.00 1890. One dollar Two d o l l a r s . . . . . . . . — Five dollars :... Ten dollars Twenty doUars . . . . . . Fifty dollars One hundred dollars . . Five hundred dollars . One thousand doUars . Total ...:.. 800,000 • 2, 600,000 94,480,000 20, 665,517. 90 31,134 482.10 11, 922,239. 60 22, 557 760.40 16, 972,843.50 102,127, 156. 50 76, 802,984.00 111, 471,016. 00 57,465, 144. 00 26, 280,856. 00 9,595,140. 00 3. 254.800. QO 12,450, 880. 00 . 4; 289,120. 00 13,396, 5OQ:OO 253, 500. 00 23,319, 000.00 171, 000. 00 544,130, OGO 55, 569,-995. GO 242, 590, 249.00 301,539,751.00 69 TREASURER. N o . 4 2 . — S I L V E R C E R T I F I C A T E S O F , EACH DENOMINATION I S S U E D , R E D E E M E D , AKD OUTSTANDING AT THE CLOSE OF EACH F I S C A L Y E A R — C o n t i n i ^ d , " Denomination. Issued during year. Total issued. Redeemed^ during year. Total redeemed. Outst3;nding 1891. One dollar. Two doUars Vive, dollars Ten dollars Twenty dollars.,. I'ifty clollars . . . . One hundred dollars Five hundred clollars . One thousand dollars Total. $9, 320, 000 4, 544, 000 29, 540, 000 18, 880, 000 10, 320. 000 3. 400, 000 3, QOO, 000 2, 700,000 3,200,000 $61,120,000 $11, 389, 274. 00 $32, 054,791. 90 $29, 065,208.10 39, 024,000 7,868; 255. 00 , 19, 790, 494. 60 19, 233,505.40 148, 640, 000 21,597, 432. 00 38, 570,275. 50 110,069, 724.50 207,154,000 19,766,485.00 96, 569,469. 00 lIO, 584;531.00 94, 066, 000 8,199,620.00 65, 664,764. 00 28, 401,236. 00 16, 250, 000 792.100. 00 10, 387,240.00 5,862, 760. 00 19, 740, 000 885, 400. 00 13,-336, 280. 00 - 6,403,720.00 16,350, 000 497, 000. 00 13, 893;500. 00 2,456, 500.00 26,690,000 24,052; 000. 00 733,000.00 2, 638,000. 00 84, 904, 000 629, 034, OOO 71,728,566.00 12, 872, 000 7, 424, OQO 23, 660, 000 25,160,000 23, 040, 000 6, 900, 000 10, 700, 000 73, 992, 000 14, 625,433. 00 46, 680,224. 90 27, 311, 775.10 46,448,000 9,527, 668. 90 29, 318,162. 60 17,129, .837.40 172, 300, 000 31, 298,010. GO •69,868, 285.50' 106, 431, 714. 50 232, 314, 000 25,153, 780.00 121, 723,249. 00 110, 590, 751.00 7, 378,440.00 ^ 73, 043,204. 00 44, 062, 796. 00 117,106,000 11, 434,190.00 23,150, 000 1,046, 950. GO 11, 715, 810. 00 1, 306,100. 00 14, 642,380.00 30,440,000 15,797, 620. 00 15,169, 000. 00 16, 350, 000 1, 275,500.00 1,181, 000. 00 25, 397,000. 00 26, 790, 000 1,345, 000.00 1, 393; 000. 00 314, 318, 815.00 i 314, ,715,185.00 1892. One dollar . Two dollars . Five doUars Ten dollars Twcnt}'- dollars Fifty d o l l a r s . . - . . . - . - . . One hundred dollars . Five hundred dollars. • One thousand dollars . Totai. 100, 000 •,856:000 738,890, 000 92,956,88L00 407, 275, 696. 00 335j 614, 304.00 M o . 4 ' I . — A M O U N T OF U N I T E D STATES N O T E S , T R E A S U R Y N O T E S , AND G O L D / S I L VER, AND CURRENCY-CERTIFICATES, OF EACH DENOMINATION, I S S U E D , R E D E E M E D , AND OUTSTANDING AT T H E CLOSE OF EACH F I S C A L Y E A R FROM 1866, INCLUDING $1,000,000 OF U N K N O W N DENOMINATIONS D E S T R O Y E D . " - Denomination. ! Redeem ed'durIssued durTotal redeemed ing year. Total issued. • ing year. Outstandiug. 1866. One dollar. I.. Two dollars Five dollars Teu clollars Twenty dollars . : Fifty dollars , One hundred dollars . . . Five hundred dollars... One thousand clollars. -. Five thousand dollars.. Ten thousand clollars. -. Total.. Unknown,in reserve.. -$714,000 664,000 156, 360 2, 791, 300 11, OQQ, 000 34,546,000 82, 000, 000 1,000, 000 132,871, 660 Net. $18. 846, 000 20, 560, 000 96,603,820 n o , 005, 040 87, 076, 040 30, 055, 200 37,135, 300 44, 914, 000 83, 950,000 82,000,000 1, 000, 000 $1, 266,495.15 1,421, 898. 50 588, 593. 50 473, 548. 00 1, 071.932. 00 406, 892. 50 075. 00 • 2, 513, 387, 425. 00 11, 355;800. 00 73, 800,000.00 1, 000,000.00 $1, 637,240.90 $17, 208,759.10 . 1,750;164.75 18, 809,835.25 1, 217,894.50 95, 445,925. 50 . 987, 184.50 109,017, 855. 50 1,891, 747.00 85,184, 293.00 732, 462. 50 29,322, 737.50 3, 028,915. 00 34,106, 385.00 9,488, 400. 00 35, 425,600. 00 25, 004,800: 00 58, 945,200.00 73, 800,000. 00 '8, 200,000. 00 1, ooo;000. 00 612, 205, 400 94, 285, 659. 65 79,932,425 120, 538, 809.15 491, 666, 590. 85 79,932, 425. 00 532, 272, 975 94, 285,'659: 65 120, 538, 809.15 411,734,165.85 1867. One dollar-. .-. Two dollars.-. Five dollars Teu dollars :. Twenty dollars. Fifty clollars One hundred dollars... Five hundred dollars.. One thousand dollars . Five thousand dollars . Ten thousand dollars . Total : TJnlcnow'n, in reserve. Net. 500, 000 000,000 203,920 738, 200 493, 000 6:^9, OOQ 520, 000 000, 000 171,094,120 3, 220,683.25 3, 691,717.10 30,397, 678. 75 22, 679,294. 75 19, 271,830. 00 2, 985,275. 00 7, 576,750. 00 5,'979,825.00 77, 369,900. 00 75, 050,000. 00 4, OOQ,OQO. 00 4,857, 924.15 15,488, 075.85 . 5,441,881.85 17,118,118.15 31, 615,573. 25 65, 048,246.75 23, 666,479. 25 86, 338,560. 75 21,163, 577. 00 ' 66,-116,383. 00 ^3, 717,737. 50 26, 337,462. 50 10, 605,665. 00 ^29,-267, 835. 00 15, 468,225. 00 32, 938,775. 00 102, 374.700. 00 53,214, 300.00 148, 850,000. 00 18,670, 000. 00 5, 000,000.00 783, 299, 520 252, 222, 953. 85 . 13, 806, 000 372,761,763.00 .410,537,757.00 13, 806,000.00 20, 346, 000 22, 560, 000 96,663, 820 '110, 005, 040 87, 279, 960 30,055.200 39, 873, 500 •48,407, 000 155, 589, 000 107, 520, 000 5, 000,000 •769, 493, 520 252, 222, 953. 85 ,372,761,763.00 396,731,757. 00 70 REPORT ON THE FINANCES. N o . 4 3 . — A M O U N T O F U N I T E D STATES N O T E S , TREASURY N O T E S , AND GOLD, SIL- VER, AND^CURRENCY CERTIFICATES, OF EACH DENOMINATION, ETC.—Continued. I s s u e d durRedeemed ing year. T o t a l issued. during year. Denomination. 1868. One dollar .TwO'dollars - $22,829,348 $4,297 683.25 4^667 751.70 26; 070, 696 2,210,80L25 96,663,820 3, 506, 372. .50 n o , 005, 040 2, 594, 285. 00 205, 400 •87,485, 360 30, 055, 200 ., 841, 932. 50 2, 204, 000 42, 077, 500 - 3,173, 875. 00 3,458, 475. 00 4,179, 500 52, 586, 500 175, 459, 000 16, 980, 000. 00 19,870, 000 229,145, 000 63,170,000.00 61, 625, 000 ^ 5,000,000 T o t a l redeemed. O u t s t a n d i n g . $2,483,348 3,510,696 T e n dollars T w e n t y dollars F i f t y clollars . . .... One'hundred dollars F i v e h u n d r e d dollars .. One t h o u s a n d d o l l a r s . . . . . . Fi"<^e t h o u s a n d dollars . . . : . T e n thousand dollars Net ..' •.... " 1869. O n e dollar T w o dollars F i v e dollars T e n dollars .-. Tw^enty dollars'. F i f t y dollars . O n e ' h u n d r e d dollars Fivo hundred dollars...... One t h o u s a n d clollars F i v e thousand dollars T e n t h o u s a n d clollars .. Total Net .. 877,377,464 104,901,176.20 19, 872,484 477,662 939.20 • 857,504,980 104,901,176:20 477,662,939.20 '379,842,040.00 14,084 635.80 15, 397 399.45 40,467 870.00 34, 006, 739.75 29, 799,251.00 11, 771, 025. 00 22,380,225.00 28i 704, 675. 00 .139,183,700.00 262, 385, 000.00 5, 000, 000.00 14,266,712.20 18, 673, 728. 55 60, 532,130. 00 84, 003, 260.25 •73,913, 689. 00 18,284,175. 00 27,962, 675.00 36, 380, 325. 00 69, 236, 300.00 29,050,000.00 158,106, 052 1,035, 483,5l6 125,517,581.80 ; 39,444,855. 603,180,521.00 432, 302, 995. 00 39,444,855.00 996,038,661 125,517,581.80 • 603,180, 52L 00 392, 858,140. 00 18,507 520.25 4,422,884.45 20,607 010.75 5,209, 611.30 49,961,841.25 9,493,971.'25 51, 687, 812. 25 17,681,072.50 39,671 154.00 .9, 871, 903.00 18,448, 242. 50 . 6, 677, 217.50 30, 688, 885. 00 8, 308, 660. 00 43,212 650.00 14, 507, 975. 00 173, 461,700.00 34, 278, 000. 00 309, 250 000.00 46, 265,000.00 14, 800, 000. 00 • 19,400 000.00 18;'063, 827.75 27,496,117.25 70, 618,158. 75 104,242,187. 75 87^968,-846. 00 32,206, 957. 50 49, 556, 015: 00 25,373,350.00 45, o n , 300.00 18,440, 000. 00 11,130, 000.00 229,520, 060 1, 265,003, 576 171,716,295.00 96,801,760 774,896 816.00 490,106.'760.O0 96, 801,760. 00 1,168, 201, 816 171,716,295.00 774,896,816.00 393, 305, 000.'00 8, 265,400 12,498,500 32, 961, 000 62, 290, 000 " 8, 220. 000 36, 571, 348 T w o dollars ., 14, 032;'000 48,103,128 F i v e doUars . . . 19,580, 000 120, 580, 000 37, 920,000 T e n dollars 155, 930, 000 23,927, 060 T w e n t y clollars 127, 640, 000 20, 600, 000 rv 50, 655, 200 F i f t v dollars . . 29, 902, 000 One'lfundred dollars 80. 244, 900 68,586,000 F i v e h u n d r e d dollars 3, 501, 000' 218, 473, 000 One t h o u s a n d d o l l a r s . ' . - . ; . 10,053. 000 327, 690,000 ;Five t h o u s a n d d o l l a r s . . -^^ 36, 255; 000 25, 530, 000 30,530, 000 T e n t h o u s a n d dollars Net 1871. One dollar.. T w o doUars ' . Fivedollars - .. T e n dollars -. T w e n t y d o l l a r s . -. F i f t y dollars O n e ' h u n d r e d dollars F i v e h u i i d r e d d o l l a r s . .= One t h o u s a n d d o U a r s . . . . . . Five thousand'dollars..... • T e n t h o u s a n d dollars Total.. 1872. i^Two dollars -. F i v e dollars T e n dollars * .. . T w e n t y dollars -' Fifty dollars One h u n d r e d dollar.:^ F i v e h u n d r e d dollaivs One thousand dollars Five thousand doUars...:. T e n t h o u s a n d doUars Total 399,714,524.80 19,872,484.80 28,351,348 4,929, 028.40 34,071,128 5, 287, 765. 90 101, 000, 000, . 6,641,495.50 118, 010, 900 6, 833, 888. 00 103,712, 940 6, 041, 389. 00 30, 055, 200 7,211,355.00 50, 342,900 .8, 600, 685. 00 9,777, 975. 00 65, 085, 000 208, 420, 000 19,829,000.00 ,291,435,000. 50, 365, 000.00 5, 000, 000 5, 522, 000 8,000,432 4,336,180 '8, 004, 960 16,227, 580 1870. Total I n reserve . . . . • , 94,077,944 Total U n k n o w n , in r e s e r v e 607.40 •$13,673,740.60 633. 55 15, 961, 062.45 374. 50 62; 837,445. 50 82,832,188.25 851.75 23,757-862.J00 63,727, 498. 00 25,495,530.00 4, 559 670. 00 28, 297,960. 00 13,779 540.00 33, 659,800. 00 18, 926 700. 00 56,104,300. 00 119, 354 700. 00 17,125, 000. 00 212, 020, 000. 00 5,000 000..00 $9,155 10,109 33, 826 27,172 . 7;480, 611 44.050, 899- 5, 002, 208.45 5, 985, 000 53,195,128 6, 821, 860. 80 5, 860, 000 112,440,000 14, 016, 532. 25 11, 266,000 145, 830, 000 16, 997. 841. 50 12, 995, 000 124.275,000 16, 637, 793. 00 6,555,000 5, 089. 320. 00 47,155,200 8,785, 700 65, 944, 900 .9, 274,880. 00 27; 485, 000 • 94,030, 000 18, 525, 875. 00 . 254, 356, 000 40, 825; 000. 00 44, 883, 000 16.650,000 . 344,-340, 000" .29,870,000.00 29; 220," doo 59, 750, 000 29,310, 000. 00 177,165, 311 1,345,367,127 192,; 371,311.00 9,931,304 9,172, 000 9, 962, 500 12, 210, 000 13,001,000 4,035,QOO 5, 998,000 4, 299, 500 13, 660, 000 15, 940, 000 34, 620, 000 23,509 728.70 20.541,170.30 27,428 "871. 55 25, 766.25Q. 45 63,978 373.50 48,461, 626. 50 68,685 653.75 - 77,144,346.25 56, 308 947. 00 : 67,966,053.00 23,^537 562.50 -23, 617, 637. 50 39,963,765.00 25,981,135.00 61,738,525.00 32, 291, -475. 00 214,286,700. 00 40, 069, 300. 00 339,120 000.00 5, 220,000. 00 48,710 000. 00 11,040, 000. 00 - 967, 268,127. 00 378,099,000.00 24,747,957.70 29,234, 245.30 5, 724- 516. 60' 53,98-2,203 34. 995, 663.45 27,371.464.55 62, 367,128 7, 566. 791. 90 46, 765. 522. 50 122, 402, 500 11, 658, 604. 00 •' 75; 636, 977. 50 158, 040, 000 13, 584, 505. 50 82, 270 159. 25 75; 769, 840. 75 137, 276, 000 13, 290,176. 50 ' 69, 599 123. 50 , 67, 676; 876. 50 51,190, 200 26,237 857. 00 24, 952, 343. 00 2, 700, 294. 50 71, 942, 900 45, 348 730. 00 26, 594,170.60 5, 384.965: 00 98,329,500 -7, 027, 950. 00 68,766 475.00 29, 563. 025. 00 268,016,000 12,386. 000. 00 226,672,700.00 41, 343. 300. 00 360, 280, 000 12, 765, 000.00 351,885,000.00 8,39:1 '" \ 0 0 94, 370, 000 -28,190," 000, 00 76, 900, 000.00 17,47U 00 132,829, 304 1,478,a96, 431 120, 278, 804.00 1,087, 546,93L 00 390,.649,5a0.00 71 TKEASURER. ; N O . 4 8 . — A M O U N T OF U N I T E D STATES N O T E S , T R E A S U R Y NOTES, AND GOLD^ S I L ;VER, AND CuiiRENCY CERTIFICATES, OF EACH D E N O M I N A T O N , E T C — C o n t i n u e d . -^ Tssued durEedeemed ing year. Total issued. during year. Denomination. Total redeemed. Outstanding. 1873. One dollar Two dollars 1.:. Five dollars Ten .dollars Twenty dollars ' Filty dollars' One hundred dollars . Five hundred dollars. One thousand dollars.. Five thousancl doUars. Ten thousand dollars . 981,567 816, 000 537, 500 930, 000 284,000 000,000 955, 500 516, 000 214, 000 505, 000 530, 000 '$60,963,770 70,183,128 131, 940, OQQ 167,970, 000 •147, 560,000 54,190, 200 77,898,400 104, 845,°50O 283, 230, 000 382, 845, 000 172, 900, 000 $6, 517,793. 20 $35, 752,038.50 $25,211, 731.50 7, 712,608.55 42.708, 272. 00 27, 474,856. 00 85, 54.0,032. 50 46. 399,907. 50 •0,903, 055. 00 94, 637.930. 00 73, 332,070. 00 12,-367,770. 75 10, 743.576. 50 ' 80,342,'700. 00 67, 217,300.00 27. 993,325. 00 26,196, 875. 00 1, 755,468. 00 48, 943,700.'00 28,954, 700. 00 3, 594,970. 00 76,553, 000. 00 28,292, 500. 00 7, 786,525. 00 43, 848,000. 00 300. 00 000. 00 12, 709, 239,382,. 15, 940,000.00 • 15, 020,000. 00 366, 905,000.00 49, 780,000.00 000. 00 000. 00 46, 220, 123,120, 176, 329, 567 1,654,525,998 134,331,067.00 1, 221, 877, 998.00 432, 648, 000.00 Total. 1874. . One dollar r..-...:. Two dollars Five dollars ., .% Ten doUars Twenty doUars Fifty dollars One hundred d o l l a r s . . . . . . . Fivo hundred doUars ^. One thousand d o l l a r s . . . . . . Five thousand dollars Ten thousand dollars 69, 895,439 8, 571,888.50 931, 669 80. 360, 648 9, 534,938. 00 177, 520 595, 760 144; 535, 760 8,452, 272.50 665, 240 183,635,240 12, 273,385. 00 161,738-, 400 8, 904,230.00 178,400 59,420,200 230, 000 2, 030,775.-00 88,527, 900 3, 794,OOC. 00 629, 500 500. 00 125, 094, 500 37,175, 249, 000 •739, 000 • 315, 969, 000 14,447, OOO.'OO 000.00 20,735, 050, 000 398, 895, 000 740, 000 275, 640, 000 91,100, 000. 00 44; 323.927.00 52, 243;210.00 93, 992,305.00 106, 911,315. 00 89, 246,930. 00 30, 024,100.00 52,737, 700.00 113, 728,500.00 253,829, 000. 00 387, 640,QOO. 00 214, 220,000. 00 25, 571,512.00 28.117, 438.00 50, 543,455. 00 76, 723,925. 00 72,491, 470.00 29,396, 100. 00 35,790, 200.00 11, 366,000.00 62,-140, 000.00 11, 255,000. 00 61,420, OOO.'OO 249,186, 089 1, 903,712, 087 2.17, 018, 989.00 1,438, 896, 987. 00464, 815,100.00 Total. 1875. , One dollar. ;; Two dollars Five dollars . . . • . * . . , . . . , Ten dollars Twenty dollars Fifty dollars . : One hundred doll .ars... Five hundred dollars... One thousand doUars.. Five thousand dollars. Ten thousand doUars... 626,156 934, 400 926, 000 560,000 160, 000 960, 700 487, 300 540, 500 373, 000 315, 000 370, 000 84, 521,595 91, 295.048 151,461, 760 197,195, 240, 171, 898,400 68, 380,900 • 93, 015. 200^ 156, 635,000 332, 342,OQO 416, 210,000 396, 010,000 12, 780,804.50 57,104, 731. 50 12,706, 512. 00 •64,949,722.00 12, 617,201.50 106, 600,506.50 17,129, 380. CO. ^124, 040.695. 00 15, 263,928. 00 104, 510,858. 00 7, 096,850. 00 37,120, 950. 00 60, 768,300.00 8, 030,600. 00 9, 560,000.00 123,288, 500.00 29, 315,000.00 283,144, 000. 00 20, 445,000.00 408, 085,000. 00 117, 510,000. 00 331,730, 000.00 27,416, 863.50 26, 345,326.00 44, 852,253.50 73.154, 545. 00 67, 387,542.00 31,259, 950. 00 32,246, 900:00 33,-346,500.00 49,198, 000. 00 8,125, 000. 00 64,280, 000. 00 255, 253, 056 2,158,965,143 262,455,276.00' 1,701,352,263.00 457,612,880.00 Total. .J876. Oue dollar. -• Two dollars '...•:... Five dollars Ten doUars Twenty dollars Fifty dollars , One'liimdred dollars '. Five hundred doUars One thousand clollars Five thousand dollars Ten thousand dollars 444, 758 792, 000 080, 000 196, 000 184, 000 151,000 757,600 255, 500 201, 000 645,000 490, 000, 97, 966, 353 12,854,116. 60 104, 087, 048 11,656,846.40 164, 541, 760 11, 614,'081. 00 208, 391. 240 14, 945, 686. 00 184; 082, 400 13,189,679.00 78, 531, 900 5, 922,185.00 99, 772, 800 10,655,460.00 171, 890, 500 11,915,500.00 340, 543, 000 15, 582, 500. 00 489, 855,000- 54,680,000.00 483, 500,000 126,200,000.00 69, 958,84.8.10 76, .606,568.40" 118, 223,587. 50 138,.986,381.00 113, 700,537. 00 4.3, 043,135. 00 71,420, 760. 00 135; 204,000.00 208, 729,500. 00 462,765, 000. 00 457,930, 000. OC 264,196, 858 2,423,162, 001 289, 216, 054.00 1, 990, 568, 317. 00 Total. 28,007, 504.90 27, 480,479.60 • 46, 318,172.50 69,404, 859. 00 66, 381,863.00 35,488, 765. 00 28, 352,040.00 36, 686,500.00 41, 813,500. 00 27,090, 000.00 25, 570,000.00 ^32, 593, 684.00 1877. One dollar...'. : Two doUars Five dollars'. Ten doUa.rs. Twenty dollars Fifty dollars One hundred doUars • Five hundred.dollars One thousand dollars...-.. 'Five thousand dollars Ten thousand dollars..,..,. Total..-. , 10,147, 399 .V 9,432,000 14,180, 000 ' 7,320,000 8,160, 000 5, 983, 300 8,258,900 8, 431, 500 10, 694, 000 15, 630, 000 109,230,-000 108,113,752 113, 519. 048 178,721,^760 215, 711, 240 192,242,400 84, 515, 200 108, 031, 700 180, 322, 000 351, 237, 000 505. 485, 000 592; 730, 000 12, 994,606.10 11, 542.653.40 11,199, 948. 50 12,189,152. 00 11,932, 666. 00 5, 559,155. 00 5, 996,170. 00 8, 215,500.00 11, 829,000. 00 27, 555.000. 00. 64, 730,OOO.OO ! 82, 953,454. 20 88.149, 221. 80 129; 423.536. 00 151,175; 533.00 129, 633,203. 00 48, 602,290. 00 77,416, 930.00 143,419, 500.00 310, 558,500.00 490, 320,000.00 522, 660,000. GO 25,160, 297.80 25, 369,826..20 49,298, 224.00 64, 535,707. 00 62, 609,197.00 35,912, 910.00 30, 614.770.00 36, 902,500. 00 40,678, 500. 00 35,165,000. 00 70, 070,000. 00 I 207,467,099 2,680,629,100 jl.83, 743, 85L 00 12,174,312,168.00 I 456,316,932.00 72 REPORT ON THE FINANCES. W o . 4 3 . — A M O U N T O F U N I T E D STATES N O T E S , T R E A S U R Y NOTES, AND GOLD, S I L VER, AND CURRENCY CERTIFICATES, O F EACH DENOMINATION, ETC.—Continued. I s s u e d durT o t a l i s s u e d . durln'^rf'^year. i T o t a l r e d e e m e d . ; O u t s t a n d i n g . ing year. Denomination. . 1878. One dollar T wo.dollars F i v e dollars T e n dollars . : . T w e n t y dollars . . . . — F i f t y dollars One h u n d r e d dollars . . Five hundred dollars... One t h o u s a n d d o l l a r s . . F i v e thousand dollars. Ten thousand dollars.. 562,351 $115,676, 103 i$ll, 792,774. 50 $94, 746,228. 70 '288,000 119,807, 048 I 10,746, 878. 00 98,896, 099.80 820, 000 194,541, 760 10,448,667.50 i 139, 872,203. 50 503,220 227, 214,460 ; 10,364, 063.00 .; 161,539, 596. 00 210, 240 201,452, 640 ; 9, 086,554.00 i 138,719, 757.00 213, 250 87, 728.450 ; 11, 930, 230. 00' i 60, 532,520. 00 036,700 116, 068,400 ! 5, 509,100.00 i 82,926, 030. 00 880, 000 187,202, 000 ; 9, 614,000.00 1 153,033, 500.00 390, 000 359,627, 000 395.000.00 i 318, 953,500. 00 575, 000 521, 060,.COO • 19,9-25,000.00 I 510, 245,000.00 670, 000 706, 400,OQO ill4, 510, 000. 00 j 637,170, 000. 00 i$20, 929,874.30 i 20, 910,948. 20 i 54,669, 556. 50 i 65. 674,864. 00 ; 62, 732,883. GO j. 27.195,930. 00 j 33,142, 370. 00^ 34,168, 500. 00 1 40, 673,500. 00 ; 10, 815,000. 00 I 69, 230,000.00 206,148, 761 12,836,777,861 1222, 322, 267, 00 12,396,634,435.00 I 440,143,426.00 Total. 1879. 122,979,-236 503,133 9, 223. 026. 50 892, 000 125, 699, 048 8,710; 295.00 060,000 2O5,'601, 760 1.1, 622, 443. 50 323,780 • 236, 538, 240 I'0,196, 252. 00 485,760 208, ^)'6S, 400 9, 650, 836.00 531, 750 90, 260, 200 4, 059, 340.00 632,400 121, 700, 800 5,561, 390. 00 186, 000 195. 388, OOQ 8, 075, 000. 00 225,000 371, 852, 000 13, 670, 000. 00 670,000 536, 730, 000 16, 680, 000. 00 830, 000 797, 230, 000 123, 070, 000.00 One dollar ,.. TwcO dollars F i v e dollars Ten dollars: T w e n t y dollars F i f t y dollars One h u n d r e d d o l l a r s — . . . F i v e hundred dollars. One t h o u s a n d dollars Five thousand dollars. T e n t h o u s a n d dollars 175,339,823 i3, 012,117, 684 220,518,583.00 12,617,153,018.00 Total. 18, 209, 18, 092,053.20 54,107. 113.00 64,802, 392. 00 60. 567,807.00 25; 668,340.00 33,213, 380. 00 34, 279,500. 00 39, 228,500.00 9, 805,000.00 36, 990,000.00 103, 969,255. 20 107, 606,394.80 151,494, 647. 00 171, 735,848. 00 148, 370,593.00 64,591, 860.00 "88, 487,420. 00 161,1Q8,-500:00 332,.623, 500.00 526,925, 000. 00 760,240, 000.00 394, 964, 666. 00 1880. One dollar 057, 863 232,000 680,000 527, 000 250, 000 595,000 501,700 050,000 427,000 015, 000 040, OGO TAVO d o l l a r s F i v e dollars .^ T e n clollars T w e n t y dollars F i f t y dollars One h u n d r e d d o l l a r s . . . Five hundred doUars.. One thousand dollars.. F i v e thousand dollars. Ten thousand dollars.. 131, 237, 099 133,931,048 225, 281, 760 255, 065,240 228,188,400 92, 855, 200 126, 202, 500 198,438, 000 375,279r000 541,745, OQO 842, 270,000 110,904, 767.00 113, 578,235. 00 159, 849,212.00 178,001, 149.60 i 154, 069,213.00 1 66, 717,255.00 i 91, 092,030.00 i 177, 519,000.00 353, 747,500. GO 537, 870,OOO.OO ! 824, 810:000. 00 I 6, 935,511. 80 5, 971,840.20 8, 354,565.00 6, 265,301.00 5, 698,620.00 2,125, 395.00 2, 604,610. 00 16,410, 500.00 21,124, 000. 00 10,9i5, OQO.QO 64, 570,GOO. GO 20, 332, 332.00 20, 352, 813.00 65, 432, 548.00 77, 064, 091. 00 74,119, 187.00 26,137, 945.00 GO 35, no, 470. 00 20,919, 000. 500.00 21, 531, 000.00 3, 875, 000.00 17,460, 138, 375, 563 3,150,4,93,247 1151,005,343.00 i2,768,158, 36L 00 \ 382,334,886.00 Total. 1881. One doUar. . . . . : . . . . . • T w o dollars F i v e dollars. • T e n dollars T w e n t y dollars F i f t y doUars O h'u n d^ r e d^ d.o.l l.a r.s ^ ne " F i v e hundred doUars. One t h o u s a n d d o l l a r s . F i v e t h o u s a n d clollars, Ten thousand dollars. 9, 889,034 8,752,000 14,760, 000 27,860, 000 | 22, 800, QQO ,.- -! 3,' 510,000 : 5,354,300 1,332,00Q^ 1,200,000 2, 215, 000 15, 350,000' Total. i 141,126,133 142, 683,048 240, 041,760 282, 925; 240 250, 988, 400 96, 365,200 131, 556, 800 199,770, 000 376,479,000 543, 960, 000 857, 620, 000 113, 022, 334 13,263, 515, 581 I 118,480, 373.40 I 22, 645,761. 60 120,438, 925. 60 I 22, 244.122.40 r70,472, 682.00 I 69, 569,078.00 185, 567,823.00 "I 97, 357,-417.00 160, 553,983.00 I 90, 434,417.00 69,180, 690. QO : 27,184, 510.00 37, 245,660.00 94, 311,140.00 183.295, OCQ. 00 i 16, 475,OQQ. 00 360, 249,500. 00 j 16, 229,500. 00 541, 240,000.00 I 2, 720,000.00 843,480, OOQ. 00 i 14.140, OQQ. 00 7,575, 604.40 6,860, 690. 60 10,623, 470.00 7, 566,674. 00 6,484, 770. GO •2,463, 435.00 3, 219,no. 00 5, 776,000. 00 6, 502,000. 00 3, 370,000.00 18, 670,000.00 79, 111, 754.00 2, 847, 270,115.00 j 416, 245,466. 00 1882. One dollar T w o dollars : ;.....-. F i v e dollars T e n dollars : T w e n t y dollars ...: F i f t y dollars ^. - . One h u n d r e d d o U a r s . . . Five hundred dollars.. One t h o u s a n d d o l l a r s . . F i v e thousand dollars. Teu thousand doUars.. Total. 11, 445; 524 i 10,472, OQO I 14, 280, 000 j 18, 920, 000 i 14,720,000 ! 3, 600,000 I 5,327,900 I 2,450, 000 i 2,620,000 i 7,945, 000 i 28,950,000 I 152, 571, 657 153,155, 048 254, 321,760 301, 845, 240 265,708,400 99, 965, 200 136,884,700 202,220,000 379,0^)9,000 551,^905, 000 886,570,000 8, 370,332. GO 8,093, 497. GO 16, 506,538. 00 14, 246,931. 00 11, 535,986. 00 3, 309,190. 00 3, 859,570.00 2,106, 000. 00 3, 088,000.00 7,115,000.00 26, 570,000. 00 I I ! i i I 25, 720,953.60 126, 850,703.40 128,532, 422. 60 24, 622,625.40 67, 342,540.00 186, 979,2-20.00 199,814, 754.00 102, 030,486.00 93,618, 431.00 172,089, 969.00 72,489, 880. GO 27,475, 320.00 38, 713,990.00 98,170, 710.00 16, 819,000. 00 185,401, 000.00 363. 337,500. 00 15, 761,500. 00 548, 355,000.00 i 3, 550,000.00 870, 050,000. GO i 16, 520,000.00 120, 730, 424 |3,384, 246, 005 i L04, 801, 044. GO |2,952,071,159. 00 | 432,174, 846.00 73 TREASURER. Wo. 43.^—-AMOUNT OF U N I T E D STATES N O T E S , TRISASURY N O T E S , AND GOLD, S I L - VER, AND CURRENCY CERiTFiCATES, OF EACH DENOMINATON, ETC.—Continued. Issued dur- Total issued. Eedeemed d u r | Total redeemed. Outstanding ing year. ing year. Denomination i 1883. One d o l l a r . . . . . . . .,... T w o dollars F i v e dollars : T e n dollars T w e n t y dollars F i f t y dollars One h u n d r e d doUars F i v e h u n d r e d dollars O n e t h o u s a n d dollars Five thousand dollars... T e n thousand dollars . . . Total 986,114 $164,557,771 672, 000 162, 827, 048 860, 000 277,181, 760 120, 000 : 327,965,240 720,000 294,428, 400 700, 000 114, 665,200 656,600 , 152, 541, 300 400,000 214, 620, 000 400,-000,! 400, 499, 000 470,000 j 573, 375,000 560,000 I 953,130, 000 $9, 970,610. 80 $136, 821,314. 20 8, 770,231. 20 137,302: 653.80 19, 052,455. 00 206, 031,6-75. 00 18, 529,>708. 00 218, 344,462. 00 15,575, 198. 00 187, 665,167. 00 77, 731,570.00 5, 241,690.00 104,118, 890. 00 5, 948,180. 00 000. 00 3,-467, 188, 868,000. 00 5, 093,000.00 368,430, 500.00 000. 00 14, 785, 563,140, 000. 00 45,430, 000. 00 915,480, OOO. 00 [251,544,714 13,635,790,719. 151, 863, 073.00 3,103,934,232.00 $27, 736,456.80 25, 524,394. 20 71,150, 085. 00 109,020, 778. 00 106, 763,233. 00 36, 933,630. 00 48,422, 410. 00. 25, 752,000. 00 500.00 - 32, 068, 10, 235,000. 00 37, 650,000.00 531, 856, 487.00 1884. O n e dollar 943, 236 808, 000 420,'000 160,000 880, 000 700, 000 637,000 650, 000 -500, 000 300, 000 570, 000 TAVO d o l l a r s F i v e dollars T e n doUars >. T w e n t y dollars F i f t y dollars One h u n d r e d dollars . . Five hundred dollars.. One thousand dollars.. Five thousand dollars. Ten thousand dollars.. Total 173,501, 007 170, 635, 048 300, 601, 760 359,125,240 329. 308,400 123, 365, 200 163,178,300 224, 270, 000 417, 999, 000 584; 675, QOO 995, 700, 000 146, 840, 822. 20 26, 660,184.80 10,01.9, 508.00 145, 737, 161.80 24, 897,886.20 8, 434,508. 00 75, 552,915. 00 19, 017,170. 00 225, 048,845.00 23, 763,050. 00 242,107,512. 00 117, 017,728. 00 22,368, 720. 00 210, 033, 887. 00 119, 274,513. 00 84,743,670.00 38, 621,530. 00 7,012, 100. 00 8, 089;300. 00 112,208,ioo. 00 50, 970,110. 00 194,197,000. 00 30,073, 000. 00 5, 329,000.00 40, 562,500. 00 9, 006,000. 00 i 377,436,500.00 8,140,000.00 j' 571, 280, 000. 00 13, 395,000. 00 953, 530, 42,170, 000.00 38, 050, 000.00 ! 000.00 579,195,367.00 . . ! 206,568,236 3, 842, 358, 955 il59, 229, 356. 00 |3,263,163, 588. 00 1885. O n e dollar ' T w o dollars ' F i v e cloUaJs,: T e n dollars T w e n t y dollars F i f t y dollars One'hundred dollars... Five hundred dollars.. One t h o u s a n d d o l l a r s . Five thousand dollars. Ten thousand dollars.. Total- 187.153 183', 688,160 856,000 181, 491,048 300, 000 319, 901,760 680,000 382, 805, 240 320, 000 353, 628,400 700, 000 133, 065, 200 OOO, 000 373, 178, 300 950, 000 238, 220, 000 000, 000 442, 999, 000 960, 000 285, 000 • 597, 770, OOO 1, 081,470,000 11, 895,276.00 10,458, 817. 00 18, 855,110.00 24,- 411.215. 00 22,112, 700.00 6,763, 800. 00 8, 591,300. 00 4, 363,500. 00 4, 786,OOO.'OO 8, 415,000.00 45, 400,OOO.'OO 1 •158; 736,098. 20 I 156,195, 978.80 I 243. 903,955. GO i 266; 518,727.00 i 232,146, 587. 00 i 91,507, 470. 00 I 120,799, 490.00 198, 560,500.00 1 382, 222,500. 00 j 579, 695,OOO.-OO 998,930, 000, 00 24,952,061.80 25,295, 069. 20 •75, 997, 805.00 116, 286, 513.,00 119,481,813.00 41, 557, 730. 00 52,378,810.00 39, 659, 500. 00 60, 776, 500.00 18, 265, 000. 00 82,540, 000.00 244,048,153 i4,086,407,108 166, 052,718.00 i3, 429,216,306.00 ! 657,190, 802.00 1886. One d o l l a r . 7, 183, 688,160 T w o dollars .-.. 181, 491, 048 7, ^ F i v e clollars 2.1, 320,000 341, 221,760 I ' l l , T e n dollars i 13, 760, GOO 396. 565, 240 T w e n t y dollars I 8, 560, 000 360, 188, 400 i 13, 135, 165, 200 F i f t y dollars | 2,100, 000 978, 300 \ 7, One h u n d r e d dollars .^. i - 4,800, OQO • 177, 600,.00Q 238, 820,000 : 12, FiAX h u n d r e d dollars I One t h o u s a n d d o l l a r s . . 17, 500, 000 460, 499,000 i 20, F i v e t h o a s a n d dollars 4, 630, 000 602, 590, 000 i 6, T e n t h o u s a n d dollars ! 43, 020, 000 1,124, 490, 000 ;54, Total. 139.40 699. 60^ 163,255, 586.00 279, 465.00 916. 00 248, 94, 670. 00 890. 00 127, 500. 00 211, OQQ. 00 402, 586, 000.00 000.00 1,053, 237. 60 17, 603, 922.40 18.204 369.60 678.40 541.00 85; 629, 219.00 192. 00 116, 928, 048.00 503.00 112, 012. •7.00 140. 00 40. 394, 060. 00 380. 00 49, 983, 920. OO000.00 27,699, OOO. 00 500.00 57, •7-77. 500. 00 000. 00 16, 090, 000. 00 000. 00 70, 620, 000.00 . . . . ! 116.290,000 '4,202,697,108 jl60,537, 866.00 j3,589,754,172. 00 i 612,942,936.00 1887. ! .' One d o U a r . . ' . \ ' . . \ 14^ 3 56, 000 197, 844,160 • 8,983.0-19. 80 175, 067, 287.40 i T w o dollars i 8, 976, 000 190, 467, 048 i . 9, 265; 801. 20 172; 552,479.60 ! F i v e dollars" 1.° I' 34. 500, OOQ 375, 721, 760 : 17,336,127. 00 272, 928, 668. 00 \ 429, 045, 240 1 15,435, 707.00 T e n dollars i 33; OSO, OCO 295, 072,899.00 i - T w e n t y dollars. I 25, 760,000 385, 948, 400 ' 12,342,458. 00 260, 517,96LO0 ! 138, 165, 20O ; .8,063, 620. 00 102, 834, 760. 00 F i f t y dollars..... .: . 3 , 000, QQO 180, 778, 300 ; n,469, 690. 00 139, 464,070. 00 One h u n d r e d d o l l a r s . . . . . . | 2,800, 000 238, 820, 000 ! 7,294,500. GO 218, 415,500. 00 F i v e h u n d r e d dollars .j 464, 147,000 i 12,331, 000.00 415, 052,500,00 One t h o u s a n d dollars i . 3 , 648, 000 602, 590,000 j 2,380, 000. 00 588. 880, 000. GO . F i v e t h o u s a n d dollars I... •Ten t h o u s a n d dollars i 28,400, 000 1,152, 890,000 ! 38,630.000.00 ll, 092, 500,000.00 J_ Total.. , ; 154,320,000 ;4,357,017,108 jl43,531,953.00 13,733,286,125.GO 22,776, 872. 60 17,914, 568.40 102,793, 092.00 134,572, 341.00 125, 430, 439. 00 35,330, 440.00 41,314, 230. 00 20i 404. 500.00 49, 094. 500.00 13,710, 000.00 60, 390, 000.00 623,730,983.00 74 E E P O R T ON T H E FINANCES. ^ W o . 4 3 . — A M O U N T . O F U N I T E D STATES N O T E S , TRIIJASURY N O T E S , AND GOLD, SILVER, -!A.ND C U R R E N C Y CERTIFICATES^ OF E A C H DENOMINATON, ETC.—Continued. Denomination. Issued durE e d e e m e d durTotal redeemed. Outstanding. ing'year. T o t a l i s s u e d . ing year. "1888. One dollar . . . ^. i i ^ . . $14,172,000 $212,016,160 200, 891, 048 Two dollars : . 10, 424, 000 427, 731, 760 Five dollars 52, OQO, OQO Ten dollars 53, 520, OQO- 483. 365, 240 Twenty clollars 33, 040, OQO •418,988,400 145, 465, 200 Fifty doUars 7, 300, 000 One hundred dollars 12, 700, QOO 193, 478, 300 Five hundred dollars 6, 200, OOQ 245. 020, 000 479; 499, OQO One thousand dollars . 15,352,000 Five thousand dollars 20, 230, OGO 622, 820, 000 1, 213,060, 000 60,170,000 Ten thousand. doUars Total. • $5, 037,036.10 $180,104, 323. 50 4, 764, 394.40 . 177,^16,874.00 22,12s, 359. 50 295,057, 027. 50 21, 362,430.00 316,485, 329.00 16, 854, 355. 00 277, 372, 316.00 6,123,140. 00 . -108, 95-7, 900. 00 6,187, 830. 00 145, 651, 900. 00 . 5,"745, 000. 00 224,1,60, 500. 00 429, 373, OQO. 00 14, 320, 500.00 598,285, 000. 00 9,405, 000. 00 62,850, 000. 00 1,155, 350, OOQ. 00 $31, o n , 836. 50 23 574 174 00 132,664,732:50 166,729, 931. 00 143 636 084 00 36, 507, 300. 00 47,826,400. 00 20, 859, 500. 00 50,126,000. 00" 24,535, 000.00 57,710, OQO. 00 285,108, 000 4, 642,125,108 174, 778,045.00 3, 908,064,170.00 734 060 938 00 1889. One dollar Two clollars Five dollars Ten dollars Twenty dollars Fifty dollars One hundred dollars .. Five hundred dollars One thousand dollars Five thousand d o l l a r s . . . . . Teh thousand dollars Total . . . . . . ' 8, 772,000 5, 38; 3.4, 19, 6, 7, 800, 000 540, 000 200, 000 040, OQQ OQQ; 000 600. OOO 9, 750, 000 11, 500, 000 30,155, 000 73,770,000 220, 788,160 206. 691, 048 466; 261, 760 51=7, 365, 240' 438, 028,400 151,465, 200 201, 078, 300 254, 770, OQO 490, 999, 000 652, 975,000 1,286,830,000 31, 622, 499. 70 9, 061, 336. 80 '189,165,660.30 183,3.02,089.20^ 23; 588, 958.80 5, 785, 215. 20 322, 347,059.50 143, 914, 700. 50 27, 290, 032. 00 26, 909, 03". GO 343,344,304.-00 174 020 876 00 298,526,436.00 139, 501, 964.00 23,354,120.00 115, 320, 625. 00 36,144, 575.00 6, 362, 725.00 152, 296, 560.00 48, 781, 740. 00 6, 644. 660. 00 228,848, 500. 00 25, 921, 500.00 4,688,000.00 440, 871, 500. 00 50,127, 500.00 '31,498,500.00 615, 395, OQO. 00 37, 580, 000. 00 17,110,000.00 70, 350,000. GO 61,130, OQO. 00 1, 216, 480, 000.00 245,127,000 4, 887, 252,108 197, 633, 624.00 4,105, 697, 794.00 781, 554, 314. 00 1890. One dollar 14,916,000 235, 704,160 9,496, 000 216,187, 048 Two dollars : .-. 514.381,760 48,3.20, 000 Five dollars . . . 576. 085, 240 Ten dollars . 58, 720, 000 TAventy dollars 34, 240, QQO 472, 268, 400 156, 265, 200 Fifty 'dollars ."-.":..;'.. 4, 800, 000 209,078,300 8,000, 000 One'hundred dollars 3,400, QOO • 258.170, 000 Five hundred dollars 4, 000, QQO 494, 999, OQO One thousand dollars-...... 664, 325, 000 Five thousand dollars 11,350,000 Ten thousand dollars . 48,100,000 1, 334, 930, 000 Total 34, 426, 835. 30 201, 277, 324. 70 12, i n , 66.4.40 190, 756, 408. SO 25, 430, 639. 20 7, 654, 319. 60 354,524, 219. 50 159 857 540 50 32,177.160.00 374, 203; 424.00 201, 881, 816. 00 30, 859,060. 00 24,021,284.00 •322,547,720.00 149,720, 680. 00 122, 504, 735. 00 33,760,465.00 7,184, n o . 00 160,35L530.00 48, 926,770. GO 7, 854,970. 00 235, 246, 500.00 22, 923, 500. 00 6, 398, 000.00 455,228,500.00 .39,770,500:00 14, 357. 000. 00 629. 450, 000. 00 34, 875, 000.00 14, 055, 000.00 50, 870, OQQ. 00 1, 267; 350, 000. 00 67, 580,000. 00 245,142, 000 5,132, 394,108 207, 542, 568.00 4,313,240,362.00 819,153,746.00 1891. One dollar: F. Two dollars FiA^e dollars Ten dollars. Twenty dollars . . . Fifty dollars • One hundred dollars Five hundred dollars One thousand dollars Five thousand doUars . Ten thousand doUars Total 213,184, 718. 70 11,907,394.00 199, 072, 568. 80 8, 316,160. 00 392, 948, 861. 50 38,424, 642. 00 412, 747, 624. 00 38, 544, 200. 00 350, 630, 340. 00 28. 082, 620. 00 128, 903, 035. 00 6, 398, 300.00 168, 826, 830.00 S,-675. 300. 00 240,864,000.00 5, 617, 500. 00 466,138,500.00 10, 910, 000. 00 643. 990, 000. 00 14, 540, 000. 00 69, 380, 000. 00 1,336,730,000.00 S5, 971, 858. 30 25,690,479.20 177, 692, 898. 50 219, 217, 616. 00 164,758, 060. GO 33,162,3.65.00 • 54, 651, 470.00 23, 206, 000. 00 46.160, 500. 00 27, 015; 000. 00 81, 340, 000. 00 310, 508,417 5, 442, 902, 525 240, 796,136. 00 4, 554,036, 478. 00 888, 866, 047.00 13,452, 417 249,1.56,577 8, 576, OOb • 224, 763, 048 56, 260, 000 570,641,760 55, 880, 000 631,965,240 43,120,000 515, 388, 400 6, 200, 000 162,065, 200 14,400, 000 223, 478, 300 5, 500, 000 ^ 264, 070, 000 512, 299, OOQ 17, 300, 000 6, 680, 000 . 671,005,000 83,140, poo 1, 418, 070, 000 1892. 36, 890, 964. 30 One dollai? :. 266,740,160 16, 664,477. 00 229, 849,195. 70 17, 583, 583 L8,783, 325. 20 210, 427, 722. 80 Two dollars 239, 211, 048 11, 355,154. 00 14, 448, 000 441,129, 241.50- 187,272,518.50 ; 57, 760, 000'. 628, 401, 760 "48,180, 380.00 Five dollars..: 457, 850,154. 00 233,915,086.00 691.765, 240 45,102, 530. 00 59, 800, 000 Ten dollars ^ 379,102, 000. 00 180, 765, 500. 00 44,480, 000' 559; 868,4.00 28, 472, 560. 00 Twenty dollars 3J35,-372,-285. 00 "0, 592; 915. 00 Fifty dollars 8, 900, 000 :170,965, 200 6, 469, 250. 00 177, 977, 630. 00 62, 670, 670. 00 240,648, 300 17,170, 000 One hundred dollars 9,150.800.00 247,030,000.00 23, 360, QQO. 00 270, 390, 000 Five hundred d o l l a r s . . . . . . 6, 320, 000 6,166,090. 00 50,981,500.00 530,199, 000 13,'079, OOQ. 00 479, 217, 500. 00 One thousand doUars 17, 900, 000 658, 615, 000. GO 31,115,000. 00 Five thousand dollars 18, 725, 000 -689, 730; 000 14,625,000.00 95, 830, OQO. 00 Ten thousand dollars . . 113, 640, 000 1, 531,710, 000 99, 350,000. 00 1,435,880,000.00 Total 376,726,583 5, 819, 629; 108 298,415,153. 00 4; 852,451, 629. GO 967,177. 479. 00 75 TREASURER. W o . 4 4 . ^ A M O U N T O F P A P E R CURRENCY OF EACH D E N O M I N A T I O N OUTSTANDING , AT T H E C L O S E O F EACH FISCAL Y E A R FROM 1878, INCLUDING $1,000,000 OF UNKNOWN D E N O M I N A T I O N S O F U N I T E D Denomination. STATES NOTES Legal-tender • notes. DESTROYED. Certificates. ]Srational-bank of deposit. notes. Total. 1878. . One dollar Two dollars Five dollars : '. Ten dollars TAventy-dollars Fifty dollars One'hundred dollars... Five hundred dollars.. One thousand dollars . . FiA-^e thousand dollars . Ten thousand doUars.. Total. $20,929, 874 20,910,948 54, 669, 557 65,551, 644 62. 720, 643 27, 382, 680 31, 624, 670 30, 878, 500 33, 21>2,500 347, 681,016 $123,220 12,-240 13,250 '1, 517, 700, 3, 290, 000 7,-461, 000 .10,815,000 69,230,000^ 92,462,410 $4, 059,836 2,820,132 93,908j525 104, 097,270 68, 632, 220 21,704,900 28, 300, 600 1,-097,000 305, 000 $24, 989,710 23, 731,080 148,578,082 169, 772,134 131, 365,103 48, 900, 830 61,442,970 35,265, 500 -^ 40,978,500 10, 815, 000 69, 230, 000 324,925, 483 765,068,909 4, 016, 879 2; 800, 006 95, 977,475 106, 420, 340 ; 70, 571,580 21,134, 350 27, 044, 900 684,500 316, 000 22, 226, 860 20, 892, 659 150, 084, 588 171, 222, 732 131,139, 387 46,802,690 60, 258, 280 34, 964, 000 39, 544,500 9, 805, 000 36, 990,000 328,966, 030 723, 930, 696 1879. One dollar Two dollars ... . ' Five clollars Ten dollars.. .\ Twenty d o l l a r s . . . . Filty dollars Ono hundred dollars... FiA'^e hundred dollars . . One thousand dollars'.. Five thousand dollars . Ten thousand dollars.. Total. 18, 209. 981 18, 092; 653 54,107,113. . 64, 638, 562 60, 470, 887 25,523, 340 32, 038,480 ,32,569,500 35, 070. 500 4, OOO;.OO0 2, 960, 000 163, 830 96, 920 • 145,000 1,174,900 1. 710, 000 4,158, 000 5,805,000 34, 030, 000 347, 681, 016 47, 283, 650 •1880. OnedoUar . TAVO dollars Five dollars .' Ten clollars . . . . . . . . . . . Twenty dollars Fifty doUars..--......., One'hundred dollars . . Five hundred dollars . One thousand dollars . Five thousand dollars. Ten thousand dollars . Total. 20, 332, 332 20,352,8.13. 65,432, 548 74, 916, 751 72,143, 207 24,808, 995 32, 797, 870 19, 224, 000 16, 532, 500 680, 000 460,000 347,681,016 2,147, 340 1,975, 980 . 1,328,950 2, 312,OOO1, 695,OOO 4,999, 000 3,195,,000 17, 000,000 34, 653,870 ,23,0i9,354. 2,687, 022 22,238,773 1, 885, 960 166, 010,823 100, 578,275 : 190, 645,131 113,581,040 149,107, 627 • 74,988,440 21, 679, 300 ' 47,817,245 62,631, 970 27, 521, 500 702, 000 21,621,000 21,801,500 270,000 3,875,000 17,460,000 343, 893,537 726, 228,423 1,564, 390 •1,093, 334 99,962, 365 119,214,32b 79, 255, 640 23,051,750 29,518,100 723,500 235,'000 24,210,152 23, 337,456 169, 531,443 216,571,737 169, 690, 057 50, 236, 260 66, 763,760 17,198,500 16,464, 500 2, 720,000 14,140, 000 354, 618, 399 770, 863, 865 912,546 608,080 97,490, 980 121, 436,400 82,186, 560 23,395, 400 30,453,^300 880,000 192, 000 26,-633,500 25,230, 705 164,833,520 223,466, 886 175,804, 991 50,870,720 69,167, 290 17,699, 000 15, 953, 500 .. 3,550,000 16,520; 000 357, 555, 266 789,730,112 1881. One dollar. Two doUars Five doUars ,. Ten dollars Twenty dollars Fifty dollars \. One hundred dollars . . Five hundred dollars } One thousand dollars . Five thousand dollars. Ten thousand dollars . Total. 22, 645, 762 22, 244,122 69, 569, 078 76,990, 387 72, 271, 597 23,702, 910 32,947, 660 14, 570, 000 12, 024, 500 455, 000 260, 000 20,367,030 18,162,820 3,483,600 4, 298, 000 1, 905,000 4,205i 000 - 2, 265, 000 , 13, 880, 000 347, 681, 016 - 68,564,450 1882. One dollar Two doUars........ Five dollars.... — Ten doUars Twenty dollars Fifty dollars •One hundred dollars . . Five hundred clollars . One thousand dollars . Five thousand dollars. Ten thousand dollars Total. 25, 720,954 24; 622,625 67, 342, 540 72,784,766 68, 657, 471 24,191, 770 34,469,390, 14, 876, 000 12, 335, 500 420,000 2, 200, 000 29, 245, 720 24, 960, 960 3, 283,550 4, 244, 600 1,943, 000 3,426, 000 3,130, 000 14,260,000 347, 681,016 84,493, 830 76 REPORT ON T H E FINANCES. W o . 4 4 . — A M O U N T O F P A P E R CURRENCY O F EACH DENOMINATION OUTSTANDING AT T H E CLOSE OF EACH FiscAL YEAR FROM 1878, ETC.—Continued. Denomination. . . Legal-tender notes. Certificates of deposit. National-hank notes. • Total. 1883. One dollar TAVO dollars Five dollars .. Ten dollars TAventy dollars Fifty dollars Onehundred dollars-.. Five hundred dollars . : One thousand dollars.. Five thousand dollars . Ten thousand doUars .. Total $27,736, 457 25, 524,,394 71,150,085 72,732.886 62, 446, 909 23, 885, 895 34, 302, 390 15,098,500 14/328,500 315,000 160.-000 $36,887,892 44, 316, 324 13, 047, 735 14,120, u20 10,653, 500 17, 740, 000 9, 920, OQQ 37, 490, 000 347, 681, 016 184,175, 471 • $628,203 393,080 93, 593, 555 120, 013, 440 83,'700,98Q 23. 831, 250 32, 726, 900 965, 000 217,000 $28,364,660 25,917,474 164, .743, 640 229,634,218 190,464, 213 60, 764, 880 81,149,310 26, 717,000 32, 285,500 10, 235,000 37, 650, 000 356, 069, 408 887, 925, 895 511, 564 298,642 87, 249, 585 113, 311, 490 80,515, 720 22,752,100 32, 983, 700 845, 500 •221,000 27,171,749 25,196. 528 162, 802, 500 230,329,218 199, 790, 233 .61, 373, 630, 83, 953, 810 30. 918, 500 40,783, 500 13, 395, 000 42,170,000" 1884. One dollar Two dollars Five dollars Ten dollars " Twenty clollars Filty dollars One hundred clollars... Five lliindred doll'ars . . One thousand dollars.. Five thousand dollars . Ten thousand dollars . . Total 26, 660,185 ,.24,897,886 75,- 552, 915 69, 527, 016 58; 054, 629 23, 208, 895 33,640,990 16, 914, 000 19, 034, 500 130,000 60,COO 47,490,712 61," 219, 884 15, 412, 635 17, 329,120 33,159, OCO 21, 528, 000 13,265,000" 42, n o , 000 347,681, 016 231, 514, 351 338, 689, 301 . 917, 884, 668 24,952, 062, 25, 295, 069 75,997, 805 64, 539,386 51,747,127 55.126,509 64. 355, 304 23, 459, 895 is; 097, 835 32. 890, 790 19, 482,020 16, 557, 000 • 23,102, 500 28,716,500 32, 060, O'OO 100,000 18,165,000 40, 000 82, 500, 000 455,357 250, 976 81,172, 315 104,953,890 75, 721,280 21, 261, 200 32.155,600 '712,000 172, 000 25,407,419 25, 546, 045 157,170,120 221, 238, 403 195,203, 093 62, 818,930 84, 534,410 40, 371, 500 60,948,500 18, 265, 000 82, 540, 000 309, 509, 786 316, 852, 618 .974, 043,420 418,482 220, 796 83,283,180 101,490,180 72,966,420 ' 19,266,100 30,293, 600 445, 500 104, 000 18,022,404. 18,425,166 168,912,399 218, 418, 228 184, 979,317 59, 660,160 80,277, ,520 28,144,500 57, 881, 500 16, 090, 000 70,620,000 •308,488,258 921,431,194 1885. One dollar •. Two doUars *. Five doUars Ten dollars TAventy dollars Fifty dbllars One hundred dollars . . . Five hundred dollars.. One thou.sand dollars . . Five thousand dollars . Ten thousancl dollars . . Total !. 347, 681, 016 1886. One dollar Two dollars .,.. Five dollars Ten dollars TAventv dollars . . . •. Fifty dollars..-. One hundred dollars - . . Five hundred dollars . . One thousand dollars.. FiA^e thousand dollars . Ten thousand dollars.. •Total ' 17, 603, 922 18, 204, 370 85,629,219 66, 658, 661 55, 078, 379 23,291, 265 31, 359, 700 12, 424, OQO 37, 361, 500 60, 000 10, 000 50, 209, 387 56,934, 518 17,102, 795 18, 624,220 15, 275, QUO 20,416, OCO 16,030, 000 70, 610, 000 347, 681, 016 265, 261, 920 8,797,377 9, 008, 572 95. 064, 850 80, 371, 471 63, 929, 361 21, 908, 985 29, 643, 400 7, 704,-500 31,197, 500 45, 000 10,000 13, 979, 496 8,905,996 7,728, 242 54, 200, 870 61, 501, 078 13, 421,455 11, 670, 830 12,700,000 17, 897, 000 13, 665, OQO 60, 380, QQO , 397,856 205, 002 78,116,275 91, 616, 850 65, 781, 220 16,378,450 25, 990, 800 328, 000 79, 000 23,174, 729 18,119,630 180,909; 367226,189,191 393,211, 659 51, 708. 890 67, 305, 030 20, 732, 500 49,173, 500 13,710, 000 60,390,000 347, 681, 016 276,049, 967 278, 893, 513 902, 624,496. 1887. One dollar Two doUars.... .-. FiA-^e dollars Ten doUars Twenty dollars Fifty dollars One hundred dollars . . . Five hundred doUars . . One thousand dollars . . Five thousand dollars.. Ten thousand dollars.. Total..\ •77 TREASURER. WOo544.—AMOUNT O F P A P E R C U R R E N C Y O F E A C H DENOMINATION OUTSTANDING . AT THE CLOSE OF EACH FiSCAL Y E A R FROM 1878, ETC.—Continued. DenomdnaMon. Legal-tender notes. , One dollar ,.. TAVO dollars Five dollars .' — Ten dollars TAventy dollars Fifty Clollars One hundred doUars... FiAre hundred dollars . . One thousand dolhirs .. Five thousand dollars . Ten thousand doUars . . Certificates of deposit. iNpational-bank notes. Total. $5,180,-233 4,976,936 81, 054, 872 86,264,401 84,813,924 21, 870, 550 31,3.04,100 • 8,068,000 24, 303, 000 35, 000 10,000 $26, 731, 604 18, 597, 238 51, 609, 860 80, 465, 510 56, 802,160 14, 636, 750 10,722,300 . 12, 791, 500 25,823, 000 24, 500, OOO 57,700,000 347,681, 016 386, 379, 922 3,714, 528 3, 351, 294 58, 334,960 86, 584, 253 93,433,246 24, 242. 415 34,808; 820 .14,499, 500 28, 687, 000 35, QOO 10,000 27, 907,972 20, 237, 665 85,579,740 87,436,623 46, 088,718 11, 902,160 13, 972,920 11,422. 000 21,440, 500 37,555,000 70, 340, 000 377, 319 189,562 59,166, 305 68,091,770 51,233, 920 11, 986, 650 19, 851, 200 220,000 56, 000 31,999,819 23, 778, 521 203,081,005 242,112, 646 190, 735, 884 48,131, 225 68, 632, 940 26,141, 500 50,183, 500 37, 590, OCO 70,350,000 433, 883, 298 211,172, 726 992, 737, 040 3, 292,353 2,872, 879 57, 730,384 90,410,800 113, 486, 350 21,402, 400 32, 524, 350 11, 328, 500 16,538,000 25. 000 • 10,000 31,134,482 22,557, 760 102,127,157 111, 471,016 38, 234. 330 12, 298,065 16,402,420 11, 595,000 • 23, 232,500 34, 850, 000 67,580,000 371, 488 185, 310 52,014, 270 59, 5-44, 070 45, 516,840 10, 276. 900 17,571, 600 192, 500 50,000 34, 798, 323 .25,615,949 231,871,831 261, 425, 886 .195,237,520 44,037,365 66, 498, 370 23, n o , OOQ 39, 820, 500 34,875,000 67,-590, 000 347, 681, 016 471,482,730 6, 906, 650 6,456,974 67, 623,174 108, 633, 085 122,135, 050 18,843, 550 35, 432,950 9, 378, 000 22,475, 000 15,000 10,000 29,065, 208 - 19,233, 505 n o , 069,725 n o , 584, 531 42, 623, 010 14,318,615 19,218, 520 13, 828, 000 23, 685. 500 27, 000, 000 81, 330, 000 397,909,433 490, 956, 614 Total '$393,042 199,784' 72,426, 835 81,453,460 59, 272,120 14, 50i;500 23, 613, 900 259,000 62;000 252,179,641 $32,302,879 23,773,958 205, 091, 567 248,183,371 200, 888, 204 51,008, 800 71,440, 300 • 21,118, 500 50,188, 000 24, 535, 000 57,710, 000 986, 240, 579 1889. One dollar TAVO dollars. Five dollars -• Ten dollars TAvouty dollars Fifty clollars Onehundred doUars . . . Five hundred dollars . . One thousand dollars -. FiA'-o thousand dollars . Ten thousand dollars . . 347,681,016 Total . 1890. One dollar Two dollars ^ Fivedollars ,. Teu dollars - -. Twenty dollars Fifty doUars One hundred dollars . . Five hundred dollars . One thousand dollars . Five thousand dollars. Teu thousand doUars . Totals " 185,722,978 1, 004,886, 724 1891. One dollar -Two dollars .::... Five dollars Ten dollars....:. Twenty dollars Fifty dollars One hundred dollars . . Five hundred dollars . One thousand dollars . Five thousand dollars. Ten thousand dollars . Total . 367,071 181,750 47,567, 685 53,113, 90040,914, OOO 9,167,80016, 020, 200 176,500 42,000 167,550,906 36,338,929" 25, 872, 229 225, 260, 584 272,331, 516 205,072, 060 42, 329, 905 70,671.670 23,382,500 46, 202, 500 27-, 015, 000 81, 340, 000 1,056, 416,953 1892. One dollar Two dollars Five clollars '. Ten dollars . . . . . . . . . . . Twenty dollars .' Fifty d o l l a r s . . . . . . . , - . One'hunared dollars . . Five hundred doUars . One thousa-nd dollars Five thousand dollars. Ten thousand dollars . Total 9,579,189 27,311,775 17,129,837 11, 653,488 84,840, 804 102, 431, 715 n o , 590,751 123,324,335 56,183, 770 124,-581, 730 18, 822,765 16, 770,150 26, 632, 620 36, 038, 050 11,040,500 12,319, 500 21, 569, 500 •29,412, 000 15, 000 . 31,100,000 95,820, 000 10,000 448,544,246 518,633, 233 363,387 178,978 49, 690, 990 54, 547, 000 41,314, 900 9,256,300 16, 850, 300 161, 000 37,000 -37, 254, 351 28, 962, 303 236, 983, 509 288,462,086 222,080.400 44, 849,215 79,520,970 23, 521,000 51, 018,500 31,115, 000 95,830,000 " 172,399, 855 1,.139,577,334 78 REPORT ON THE FINANCES. Wo. 4 5 . — U N I T E D STATES PAPISR C U R R E N C Y OUTSTANDING AT THE.' CLOSE OF^EACH F I S C A L YEAR. Fiscal year. 1882 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883, 1884 3885 .1886 1887 1888 1889 1890 1891 1892 Old d e m a n d notes. 235.00 000. 00 037. 50 603. 50 162. 75 432. 50 912. 00 739.25 256. 00 505. 50 296. 25 967. 50 732. 50 107. 50 917. 50 962. 50 297. 50 470.00 975. QO 535. 00 695. 00 985. 00 440. 00 950. 00 445. 00 130. 00 807. 50 442. 50 032. 50 047. 50 647. 50 Fiscal \'ear. Gold certificates. 1862 ., 1863 .. 1864 ., 1865 .. 1866 -. 1867 1868 -. 1869 -. 1870 -. 1871 . 1872 -: 1873 1874 1875 . 1870 . 1877 .1878. 1879 :. 1880.. 1881.. 1882 .. 1883 .. 1884 . 1885 . 1886. 1887 . 1888. 1889 . mil: -1891 . 1892. United States notes. $10,447, 860. 00 18.773, 580. OC 17, 678,640. 00 "33,086, 180. 00 • 34, 547,120. 00 19, 886, 300. 00 32, 086,300. 00 39,460, 000. 00 22, 825,100. 00 21, 796, 300. 00 28, 681,400. 00 . 41, 572,600. 00 44, 367,000. 00 15,113, 700. 00 8; 004,600. 00 5, 782,920. 00 5, 037,120.00 82, 378,640. 00 98, 392,660.00 140,323, 140. 00 131,174, 245: 00 121,486, 817. 00 142, 023, 150. 00 154,048, 552. 00 157, 542,979.00 ' 152,461,429. 00 156,598, 929. 00 387, 447. 431; 400, 371, 356, 356, 356, 356, 357, 356, 381, 375, 369, 359, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, 346, T r e a s u r y n o t e s F r a c t i o n a l curol 1890. rency. -Total notes. 000. 00 $147, 725,235.00 589. 00 $20,192, 456. 00 411, 223,045. 00 203.10 22, 324,283.10 470, 413,523. 70 427.99 25, 033,128.76 456, 572,160. 25 305. 85 •428, 061,343.96 27, 008,875. 36 597.00 400,466, 652. 52 28, 4.74,623. 02 OQO. 00 388,871, 820.47 32, 727,908.47 000. 00 388, 238,376. 61 32,114, 637. 36 000. 00 39, 878,684.48 395, 984,940.48 000. 00 40, 582, 874.56 396, 679,380.06 000. 00 40, 855, 835.27 398,444, 131.52 QOO. 00 44,799, 365.44 400,879, 332.94 073.00 45, 912, 003 34 427, 987,808.84 580. 00 42,129, 424.19 417,973, 111.69 284. 00 34,446, 595. 39 404, 285,796. 89 332; 00 20,403, 337.34 380, 231,431.84 016. 00 16,547, 768. 77 363,291, 082. 27 016.00 15,842, 610.11 362, 585,096.11 01.6. 00 15,590, 892.70 362,332, 883. 70 016. 00 15,481, 891. 65 362, 223,442. 65 016.00 15, 423, 186.10 362,163, 897.10 016. 00 15, 376, 629.14 362,116, 630.14 016. 00 15,355, 999. 64 362, 095,455.64 016. 00 15, 340, 114. 21 362, 079,080.21 016. OO 15, 330, 025. 85 362, 068,486.85 016. 00 157322, 902. 70 302, 063.,048. 70 016. 00 35, 298,582.15 362,036, 40.5. 65 016. 00 15, 292, 628.80 362, 030,087.30 016. 00 15, 287,449.30 362, 024,497.80 016. 00 $50, 228, 417. 00 15, 283, 617. 93 412, 248,698.43 016. 00 100, 863, 230.00 15, 279, 400. 95 462,879, 294. 45 SUver certificates-. $1, 8.50,410.002,-.539,950.00 12, 374,270. 00 51,166, 530. 00 66, 096, 730. 00 88, 616,831. 00 120; 891,691. 00 139, 901, 646. 00 115, 9-77,675. 00 145, 543,150. 00 229,491, 772. 00 262,-629, 746.00 301,539,J51.00 314,715, 185. 00 331, 614, 304.00 C u r r e n c y certifi- T o t a l certificates. cates. $31, 810, 000. 00 5S, 990. 000. 00 59, 045; 000. 00 33.140, 000. 00 53, 980\ 000. 00 • 46,245,000. 00 29, 330,000. 00 14, 275,000. 00 11, 615,000. 00 13, 360,000. 00 13,180, 000. 00 12, 280,000. 00 29, 285, 000. 00 18,110, 000.00 9, 020,000.00 14,865, OOO.-OO 17,195, 000.00 12, 390,000.00 23, 780,000.00 30,420, 000. GO $10,947, 860. 00 18, 773, 580.00 17, 678, 640. 00 33, 086, 180.00 34,547, 120. 00 19, 886, 300. 00 32. 086, 300.00 71, 270, OCO. 00 •81, 815, 100. 00 80, 841, 300. 00 61, 821, 400.00 95, 552, 600.00 92,462, 410. 00 47,283, 650. 00 34. 653, 870. 00 68, 564, 450. 00 84,403, 830. 00 184,175,^ 471. 00 .231, 514, 351. 00 309, 509, 786.00 265, 261, 920.00 276, 049, 967. 00 386,"379, 922. 00 433, 873, 298. 00 471,472, 730.00 490,956, 614. 00 518, 633, 233.00 Grand total. $147,725, 235. 00 411, 223, 045. 00470,413,- 523.70 456, 572, 160. 25 439,009, 203. 96 419, 240, 240. 52 406, 550, 460.47 • 421, 3241, 556..61 430", 532, 060.48 416, 565, 680. 06' 430, 530, 431. 52 472,149, 332. 94 509, 802, 908.84 498, 812, 411.69 466,107, 196. 89 475, 784, 031.84 456,753, 492.27 409, 868, 746.11 396, 986, 753. 70 430, 787, 892. 65 446, 657, 727.10 546, 292, 101.14 593, 609, 806. 64 .671, 588, 866. 21 627, 330, 406. 85 638, 111, 015. 70 748,416, 327.65 795, 903, 385.30 833, 497, 227. 80 903,205, 312.43 981, 512, 527.45 TREASURER. 79 W o . 4 6 . — G O L D C O I N AND B U L L I O N I N THE T R E A S U R Y , AND GOLD C E R T I F I C A T E S IN THE T R E A S U R Y AND I N C I R C U L A T I O N , A T T H E ISND OF; E A C H M O N T H , F R O M •MARCH, 1878. . ' Month. 1878—March AprU ...9. May...., -. - -June.. .: July..., ,.-. August September . .Octoher '. :•' ISToA^ember — Deceniber 1879—January /...:-. February '. •--,--•March April /. May June July .... August September ' October ^November December : 1880—January Febi'uary ^.. March :.. April :..... May...,..:....... . June : .-... July August.;..September.-.:.: .,. October November December s 1881—January February ......' • . March ' April May June. ...— Jnly ;..: August • ^ September October ". November December. — 1882—January February — - March April : May June July •p.... August.'. — ' September October. ^ .' November December : 1883—January......-'.-.; . '. F e b r u a r y March -_ .April .'. May June July, .: August -.... S"eptember.: October November , December 1884—January Februai?;y M a r c h .'. ; April -:.../... May .'.." ' d une July...: .............. August September T o t a l gold i n Treasury. Certificates Certificates i n T r e a s u r y . in circulation, $120, 106, 317.17 • $7,179, 200 $50, 704, 200 120, 012, 781. 64 9, 032, 660 45, 948, 840 122, 917, 907. 88 31, 235, 300 21,246,300 128, 460,-202.87 19, 469, 320 . 24,897, 680 132, 014, 619.41 18,170, 420 23, 852,980 134, 548; 036.53 • 20,794, 220 17, 222, ISO -. 136, 036, 302.^20 9, 392, 920 23,433, 680 140, 72,154.79 9, 901, 520 22,906,480 142, JOO, 135.29 9, 845,120 24,117,780 135, 382, 639.42 391, 420 21,189, 280 133, 756, 906. 65 544, 020 17, 082, 680 133; '265, 559.43 400, 220 16, 379, 280 133, 416,125. 85 16,253,960 50,740 J34, 520,140.48 , . 62,140 15,710,460 , 260.14 136, 33, 580 15, 380,120 135, 236, 474. 62 133,880 15, 279, 820 135, 517,483. 25 •43,800 15,196,900 14i; 546, 390. 52 •120, 000 15, 008, 700 169, 606, 995. 03 67,700 14, 843, 200 171, 517, 713. 65 213;400 14, 377, 600 160, 443,436. 80 183, 740 13,195, 460 157, 790,32L84 749, 860 11, 596,140 153, 690, 026.. 43 61,100 10, 350, 000 146, 750,758.04 327, 300 9,755,300 144, , 010, 551. 50 611,500 8, 244, 000 138; , 783,440. 08 173, 800 8, 056, 800 128, , 709,496. 51 39, 800 8, 010, 300 126, , 145,427.20 40, 700 7, 963, '900 123, . 126,645. 54 32,600 7, 852, 000 127, , 679, 279.45 36,800 : 7,661,100 135, , 244, 833. 65 31,600 7,480,100 140, ,725,952.74 6, 800 7, 447, 700 151, , 362, pl9.38 19,120 7, 381, 380 156, . 742, 095.77 130,500 6, 528, 380 154, ,544,209.35 50, 080 6,491,400 173, , 038. 253.01 312, 080 6, 229,400 173, , 668; 163. 08' 142, 900 6,028,900 170, , 319, 754.53 1,400 5, 961,200 163, , 770,158.17 36,320 5,876, 280 163, 171,661.25 23,400 5,759,520 154, 911,475.21 1,700 5,748,120 169, 495,521. 94 3,800 5,397,120 174, 361, 344.52 9,600 5,239,320 172, , 989, 829:17 3,700 5,204,220 178, , 225, 303.41 . 8,300 5,199,620 172, , 617,467. 38 5,188,120 165, , 152,788. 62 7,900 5,180,220 173, , 757,874.07 5,172, 320 15,800 166, , 457,356.93 5,166,920 155, 069,102.18 1,000 5,071,120 153, , 985,545. 28 2,500 5, 052,920 148, , 506, 389.95 8,100 . 5,029,020 145, , 079, 030. 31 1,500 5, 016,440 149, , 303,920.69 4, 992,040 152, , 739,106.43 4,907,440 159, ,805,743.54 14,990.170 11,370,270 164, , 267, 584. 64 15,950; 270 19,458,270 171, 504, 568. 39 25,105, 030 39, 514,810 173, 317,834. 35 25,107, 300 47, 669, 640 177, 661, 630. 86 32, 296, 270 42,554,470 184, 752,713. 90 43,444,510 187, ;837,44L93 31, 525, 210 193, , 310,043. 00 32, 935,420 48, 398,200 198, ,078, 567. 68 23, 869, 000 59, 591,940 202, , 774, 035.16 22,571, 270 59,807,370 204, , 172, 975. 33 23,383,440 60,068r6G0 206, 130,543.30 54,547,540 28.445, 200 209, 429, 939..90 27,480, 300 55, 014,940 216, , 133,327. 54 31, 252, 760 52,076,180 219, , 014, 739.63 27,035,300 58, 897, 620 221, , 813,356.49 63, 585,140 27.446, 780 221, , 881, 633.11 77, 462, 620 23,788,000 211, , 071, 506.97 77,843,430 30, 600, 070 196, , 325, 625.72 68, 812,150 35,424,250 201, 132, 388.01 44,415, 395 56, 700, 805 204, 876, 594.15 39,686,780 59,125,480 210, 539,550.98 27, 246, 020 71,146,640 214, 483,657.17 26,525,830 91,491,490 217, 904,042.81 29,701,980. • 92, 017,940 33,546,960 87,389,660 N e t gold i n Treasury. $69,402, 117.17 74, 063,941. 64 101, 671,607. 88 .103, 562,522.87 108.161, 639.41 117, 325,856. 53 112, 602,622.20 • 117, 965,674. 79 118, 282,355. 29 114; 193,359.42 , 116, 674,226. 65 116, 886,279.43 117.162, 165. 85 118, 809,680.48 121, 300,140.14 119,956, 654.62 120, 320,583.25 126, 537,690.52 154, 763,795.03 157,140, 113.65 147, 247,976. 80 146,194; 181.84 143, 340,026.43 136, 995,458. 04 135, 766,551.50 . 130, 726,640.08' 120,699, 196.51 118,181, 527. 20 115, 274,645.54 120, 018,179.45 127,764, 733.65 "133,278, 252.74 143, 981,3 39. 38 150, 213,715.77 148, 052,809.15 166, .808,853. 01 167, 639,263. 08 164, 358,554.53 157,893, 878.17 157,412, 141. 25 149.163, 355. 21 164, 098,40L94 169,122, 024.52 167, 785,609.17 173,025, 683.41 167,429, 347.38 159,972, 568. 62 168, 585,554.07 161, ,290,436. 93 149,.997, 982.18 148, i 132,625.28 143,477, 369.95 140,062, 590.31 144,311, 147, 831, 148,435, 473.54 144, 809,314. 64 131,989, 758.39 125,648, 194. 35 135,107, 160.86 141,308, 203.90 139,439, 241; 93 133,718, 103. 00 197. 68 • 138, 271, 142,705, 435.16 149, 625, 435.33 151,115 603.10 157,353.759.90 157,235.707.54 155,429,599.63 144,350,736.49 •144,038,203.11 142, 259, 356.97 139, 624, 820. 72 142. 006,908.01 133, 729,954.15 119, 048,060.98 122,465, 717.17 130,514, 382.81 80 Wo. REPORT ON THE FINANCES. 4 6 . — G O L D C O I N AND B U L L I O N I N T H E T R E A S U R Y , AND GOLD C E R T I F I C A T E S IN THE T R E A S U R Y AND I N CIRCULATION, ETC.—Continued. Month. 1884—October.... November . December.. 1885—January . . . , February . . March AprU May June July August September. October NoA'-ember . December.1886-^January . . . February.. "March . . .^.. April . May June July August September. October .November December-1887—January . . . February. March April...... May June July > August.... September. October November. December-. 1888—January . . . February . March . April May June , July....... August September. October November December.. 1889—Januar^^..: February.. March April May June Julj^ August - September. October November . - December.. 1890—January . . Februa'ry. March April May June July August September. October.... November . December.. 1891-- J a n u a r y . . . February.. March AprU May T o t a l gold i u Treasury. Certificates Certificates in Treasiiry. in circulation. $222, 536, 360.43 $32,477,750 231, 389, 360. 85 26, 701, 060 234, 975, 851. 95 26, 343,730 237, 167, •975.84 22:299,150 240, 029, 843. 24 40, 426. 930 243, 440, 796. 37 37, 689; 990 243, 162, 194. 81 28, 625,290 244, 363, 543. 59 14, 371, 350 247, 028, 625. 25 13, 593, 410 249, 367, 595. 20 17, 322; 320 250, 257, 417. 89 16,606,230 251, 251, 114.54 22,249, 240 251, 359, 349.29 31,115,850 251, 94.5, 578.13 34,492, 988 34,350,479 •253, 351, 409.48 24, 060,709 251, 371, 561. 58 33,671,010 249, 801, 087. 53 46, 797, 927 242,- 155, 167.40 52, 396, 875 240, 580, 532. 67 51,735,670 236, 424, 734. 21 55,129, 870 232. 838, 123. 91 52, 258, 360 233; 651, 522. 45 48, 693. 980 235, 430, 635. 24 40,654, 320 .242, 609, 018. 37 36, 878,458 246, 832, 148. 40 34, 469,604 254. 450. 853. 57 268; 128, 018.47 • 27,485,804 274, 140, 468. 85 18, 843, 632 275, 088, 626.45 24, 256, 230 275, 985, 862.15 29,757,610 275, 336, 915.90 28, 905, 040 628, 277, 750. 47 32,101, 358 278, 101, 106; 26 30,-261, 380 281, 296, 417.45 18,098,560 282, 039, 533. 67 23, 008, 207 702, 290, 629. 70 29,154, 288 302, 544, 605.45 - 32,858,358 661, 302, 278. 68 39, 974, 838 305, 342, 187. 07 31. 010, 394 307, 809, 155. 27 20, 668. 210 309, 567, •826. 88 26, 962,168 310, 772, 202. 63 29,651,464 312, 801, 287.15 20,-853, 500 309, 882, 858. 81 33, 574, n o 313, 753, 616. 89 22,135, 780 551, 326, 392. 34 30, 234, 688 331, 133, 36, 591, 356 430.44 551, 332, 25, 516,410 331, 688, 305. 52 233:11 26,163,4.92 603, 328, 37,441, 932 324, 773, 361. 29 325, 641, 666. 56 • 36,127, 702 25, 043,518 326, 456, 856.12 24, 802, 813 326, 700, 697. 81 203, 938. 96 26, 586,125 • 328, 297, 900.80 20,783, 433 321, 504, 376. 96 27,350,440 303, 759, 319. 58 37,235, 793 300, 048, 572. 98 34, 669,943 304, 871, 189. 30 39,557, 233 305, 509, 772.02 42,073, 803 308, 979, 615. 21 34, 925, 823 310, 818, 791. 06 30, 668,090 313, 043, 941.47 31, 316,100 316. 593, 454.19 20, 452, 870 318; 225, 752.14 28,222,835 320, 878, 794. 87 24,614, 210 320, 333, 411. 60 24,142, 200 321, 612, *253.10 27,473,120 321, 536, 423.49 , 26,162,960 316r 220, 823. 28 27,577,120 310, 33, 005, 730 120.43 306, 16,058,780 471.18 294, 36,482, 690 603. 03 293, 43,755, 570 879. 85 293, 31, 384; 690 214. 20 297. 546. 04 19, 892, 050 296; 953.14 25,155,770 292; 218. 50 24,050,460 280,039.99 27,309, 200 255, 502.93 36,777,810 Net gold in Treasury. $87, 865, 570 $134, 670 790.43 93,374,^90 138, 015 070.85 93,287,420 141, 688,43L95 •125,187, 595.84 111, 980, 380 112, 683, 290 127,346, 553. 24 125,793, 250. 37 115,647,540 125, 234, 800 117,927, 394:81 llo, 810, 533. 50 128. 553, 010 126, 729, 730 120, 298,895. 25 126, 078, 595.20 123, 289, 000 123, 885, 490 126, 371,927. 89 133i 113,324. 54 118,137,790 109, 020,760 342,338, 589. 29 105,554,092 146, 391,486.13 105, 359, 601 147.991, 808.48 115, 284, 951 136, 080,610. 58 144.164, 037.53 105,637,050 151, 370,524.40 90,775,643 84, 715, 225 155, 8Q5.307. 67 709.21 80,120, 025 , 156, 304, 76, 044, 375 156, 793,748. 91 74, 718, 517 158, 933 005.45 77, 698, 347 157, 732,288'; 24 84,691, 807 157, 917,•211."3? 88, 294, 969 158, 537,179.40 90, 520, 633 163, 930.220.57 97, 215,605 170, 912,413.47 168,475, 361. 85 105,605,107 99,958, 365 175,130 261. 45 94,046; 015 181, 939,847.15 ^ 94, 434. 485 180, 902,430. 90 90, 900. 977 186, 667,773.47 91, 225,437 186, 875,669. 26 94,990, 087 186, 306,330.45 88, 765, 340 193, 274,193. 67^ 97,984,683 -192,717,^^946. 70 99, 684,773 202, 859,832.45 90, 780,753 211,880, 525.68 . 96,734, 057 208, OOS;130. 07 104, 853, 971 202, 955:184. 27 96. 697, 913 212,869 913. 88 91, 953, 949 218, 818,253. 63 99, 561, 293 213, 239,994.15 200,'301. 128.81 109,581,730 119, 887, 370 193,866 246. 89 131, 959,112 194, 592,280.34 124, 750, 394 206, 383,036.44 134, 838,190 197, 713,115.52 140, 613, 658 191, 074,575.11 129, 264, 228 399, 339,133. 29 120, 888,448 203,885, 218.56 194,655, 264.12 130,986,592 196; 245.980.81 130,210,717 197, 874,421. 96 128,826,517 191, 589,111. 80 136,614,789 129, 044, 662 192,252, 714.96 116, 792, 759 186, 711,560. 58 182, 218,163. 98 118,541,409 123, 393,519 180, 654,, 670.30 116, 675,349 189,196, 423. 02 120, 937, 229 187, 572,386. 2l 187,496, 672.06 123,483,119 122, 985, 889 190,833, 052.47 177,386, 285.19 138,657,169 130, 604, 804 187,988, 943-14 134, 938, 079 185, 287,715.87 134, 642, 839 186, 235,572. 60 130, 788, 399 190,544.,"854.10 190,232, 404.49 131,380,019 132, 444,749 184, 092,074.28 124, 382,539 185, 837:581.43 158,104, 739 147, 981,732.18 138,173; 979 156, 315,624. 03 131, 316,499 162,439, 380.85 144, 047, 279 3.48, 972,935.20. 155, 839, 449 141, 728,097.04 149,712, 824.14 347,119,129 144, 317, 069 148,118,, 149.50 138,890, 799 141,742, 240. 99 133,207,,i63;m 122,124,339 81 TREASURER. W o . 4 6 . — G O L D C O I N A NIX B U L L I O N I N THE T R E A S U R Y , AND. G O L D . C E R T I F I C A T E S IN THE TRii:ASURY AND IN CIRCULATION, ETC.—Continued. Total gold in Treasury. Month. Certificates Certificates in Treasury. in "" circulation $238,518, 121.59 236, 828, 413. 24 240, 744, 487.66 244, 974, 790. 94 263, 774, 741. 81 271, 843, 193. 35 278, 846, 749. 90 282,753, 863. 24 282, 323, 391. 53 280,14'4, 269. 34 273, 623, 455. 45 271, 527, 091. 86 255, 577, 705. 23 247,306, 220. 66 242, 543, 695.63 240, 605, 908:58 1891—June... July August September: . October . NoA'cmber.. December.1892—January . . . February.. March April May...-.:.. June... July August September. Net gold in Treasury. $31, 606, 030 $320, 850, 399 $117, 667,722. 59 34,004,820 115,715, 389 121,113, 024. 24 37,721, 280 108, 273, 079 132, 471,408.66 28, 332, 490 112,451,569 132, 523,221. 94 20, 790,420 136,100, 319 127,674, 422.81 19, 202,170 142,649,969' 129,193, 224.35 17, 472, 720 148,106,119 130, 740,630.90 17, 486, 810 163,178, 959 119,574. 904. 24 18,150,140 160, 003, 279 122,122; 112. 53 23, 673,770 154, 329, 229 125„815, 040.34 21, 931,180 153, 713, 699 119, 909,756. 45 14, 470, 520 157, 295, 209 114, 231,882. 86 15, 363,590 141, 235,- 339 114, 342,366.23 37, 738, 500 136, 861, 829 n o , 444,391.66 144.156, 316. 63 23, 847, 210 328,387,379 25, 345,590 121, 210, 399 119, 395,509. 58 W o . 41'o—STANDARD S I L V E R DOLLARS C O I N E D , I N T H E T R E A S U R Y , AND I N CIRCULATION, AND S I L V E R B U L L I O N I N T H E T R E A S U R Y , AT T H E E N D O F EACH M O N T H , FROM MARCH, 1878. . ~ ° Dollars coined: Month. 1878—March April M.iy June... . July... August - September October November Deceniber..--. 1879—January Februa'ry March April May Julie : July : August September , October.November . : December .-.. 1880—January February March -.. April .May June July.... ...August . September...: , October .' November . . : . . . . . December 1881—January February March April — May Juue July...'. August • September . : October •November , December • 1882-"-Jan uary February March April May FI 92 S • • ' . • $1, 001, 500 3, 471, 500 .6,486.500 8, 573, 500 10,420, 500 13, 448, 500 16, 212, 500 18, 282, 500 20,438, 550 22, 495, 550 24,555.750 26, 687,750 28, 774, 950 31,155, 950 33,485,950 35, 801, OQO 37,453,000 40, 238, 050 42, 634,100 45, 206, 200 47, 705, 200 50, 055, 650^ 52, 505, 650 54, 806, 050 57,156, 250 . 59, 456, 250 63,723,250 63, 734, 750 66, 014, 750 68, 267,750 70,568,750 72, 847, 750 75,147,750 77,453, 005 79, 753, 005 82, 060, 005 84, 359, 505 86, 659, 505 88, 959, 505 91, 372,705 93, 622,705 '95,922,705 98, 322, 70'^5 100, 672, 705 102, 972, 705 105, 380, 980 107, 680, 980 109,983,380 112,283,680 134,581,080 136,843, 680 EuUiou in Treasury. $3, 534,480. 53 7, 350, 710. 68 5,89.1,204.95. 7,341, 470. 84 7,665,760.19 8, 982, 239. 07 9, 634, 034.48 8; 352, 042. 21 10,159,491. 41 9,439, 461. 25 10, 347, 889. 50 9, 837, 402. 62 8,688,260.74 6,949, 04'6.43 5, 672, 655. 55 5,092,565.91 5,112, 223. 82 4, 904, Oil. 89 4,557,504.31 3,537,224.31 4, 323, 097. 69 4, 492, 421. 39 4, 888, 035. 97 4, 525, 306. 25 4, 086, 839. 58 5, 00^7, 333. 04 4, 853, 587. 99 5,124, 536. 42 . 6,081,64.7.91 6, 380, 258. 46 ' 5,557,759.74: ' 6,043.307.37 6, 255, 389. 81 6,183, 224.05 6, 704, 397. 36 5, 356, 308. 00 4, 037, 770. 08 3, 863, 582.74 3,457, .1.92. 85 3, 309, 949.10 2, 962, 277. 52 2, 732, 862. 69 2, 632,184. 67 3,424, 575. 35 3, 088,709. 03 3,607,829.86 3, 258, 926.18 ; 2,806,143.12 4, 440, 663. 97 3, 239, 033. 43 3,793,664.11 Dollars iu Treasury. Dollars in circulation. $190, 939 $830,561 3,169,681 • 301,8.1.9 5,950,451 536,049 7,738,357 855,-143 9, 550, 286 870,264 11, 292, 849 2,155, 651 12,155, 205 4, 057, 295 13, 397, 571 4, 884, 929 14,843, 219 5, 595, 3 3 ! 16, 704, 829 5,790,721 17,874,457 6, 681, 293 19, 505. 767 7,181, 983 21, 558, 894 7, 216, 056 23, 694,563 7,461,387 26,381,045 7, 304, 905 28,147, 351 7, 653, 6-19 29,151,801 8, 299, 399 ,30,678,464 9, 559, 586 31, 559, 870 11,0-74, 2o0 32, 322, 634 12, 883, 506 32, 839, 207 14, 865,9P3 33,168, 064 16, 887, 586 34, 961i 611 17,-544, 039 36, 972,093 17, 833,957 38, 780, 342 „18, 375, 908 40, 411, 673 39,044,577 42, 778, .190 18, 945,060 44,425,315 19, 309. 435 46,192,791 19, 821. 959 47,495, 063 20, 772, 687 47, 654. 675 22. 914, 075 4-7,084,459 . 25, 703. 291 47, 397, 453 27, 750, 297 48,190,518 29, 262, 487 50, 235,1.02 • 29, 537, 903 52, 939, 460 29,120, 545 55,176,158 29,183, 347 58,044,826 - 28, 614, 679 60,518,273 28, 441, 232 62, 544, 722 28,827,983 64, 246, 302 29, 376, 403 65; 948, 344 29, 974. 3G1 66,092,667 32, 230. 038 66,576,378 34, 096, 327 68, 017. 452 34, 955, 253 69, 589, 937 35, 791, 043 72, 421,.584 35,259.396 75,138. 957 34, 842, 223 78,178, 583 34,103, 007 81,595,056 32, 980, 624 84, 606, 043 32,237,637 82 REPORT ON T H E FINANCES. W o . . 4 ^ . — S T A N D A R D SILVERT)OLLARS C O I N E D , I N T H E T R E A S U R Y , AND I N CIRCULATION, AND S I L V E R B U L L I O N I N T H E T R E A S U R Y , ETC.—Continued. Month. 1882—tlune July ".... Aujiust Sep"^t.ember... October NoA'^ember . : . December 1883—January February March Axuil May Juue July August. September .., October NoA'^embcr— December 1884-January Fe'bruary — M a r c h .'. * April May June July. August September . . . October November.... December". ^.. 1885—January February March , April May June -.'. July August September... October NoA'^embor . . . December — 1886—January February March' / . . . , . . A p r i l -, , May June July August September.., October November ... December— 1887—January February — - March April May..-.:.... Juue July August September... October November . . . December— 1888—January '^ February — March April... May June— '-- J u l y August...... September.. ^^ October NoA'-embci'... December— 1889—January Dollarsf coined. Bullion in Treasury. $119, ),144 780 $3, 230, 18.36 1, 269. 83 121',304 780 2, 816, I, 716. 27 123,,729 780 2,730, ;, 565. 26 126, 3, 343, ), 029 880. ,503.27 128! ?,329 880 4, 012, I, 219.77 130; ), 629 880 3, 769, , 193.10 132: >,955 080 4, 468, ., 958.12 135;),405 080 3, 761, , 114. 04 3, 974, 137, I, 805 080 !, 467.30 140, ), 205 699 3, 943, 1, 750.15 142, I, 555 699 3, 478, 144, t,905 699 4,157,, 217.76 ;,216.29 147, 4, 482, J, 255 899 149, 4,486, 8.23 ),680 899 152, :. 559. 45 i,O20 899 • 4,694. 154, 5,107,, 911. 29 t, 370 899 156, >,720 949 4,936•, 364.86 159, :, 279.34 4, 624, ),O70 949 161,,425 119 4,534 , 372. 93 163, , 432.92 i,775 119 4, 6'74, 166, 1.912.85 4. 919, 5,125 119 168, , 824. 61 5, 043, ^,425 629 170, 5,150\ 842.97 ), 725 629 173{, 035629 •A, 623,, 158. 03 175, •, 498. 27 >, 3.55 829 4, 055, 177, , 609.95 4, 603, 7,680 829 180, ; ),030 829 . 4,723, 420. 00 182, 4,934:, 404. 86 >., 380 829 184, ;, 496.89 4, 646, t, 730 829 187, 4,778:, 848.90 ^ 1 8 0 829 189, ;, 055. 33 4,716, 1,561 994 191, 4,613i, 582.23 L,947 194 194:,247 194 ,129.93 3, 991, 196, 3,887,,493.52 5,697 394 199, 4, 0421.186.86 ),107 394 201,,509 231 i, 143.86 4, 098, 203, 4,038:, 885. 52 5,884 381 205, 3,944, 837. 32 ),784 381 208, ;, 196.12 3, 766, ^, 259 381 210, •,322.84 3,916, 759 431 2i;), 3,840I, 536.45 ). 259 431 215>, 759 3, 583,, 956. 42 431 218, , 040.84 3, 797, ?, 259 761 . 220, 3,658 ,783.44 223,),-553 761 ',,.968. 08 2,612, i,145 761 225; , 104.42 2, 271, 5, 9.59 761 228, ;, 522. 03 2, 556, 231J, 434 121 ,761. 61 1, 947, ,160 1-^1 233, :, 198. 45 3,092, {, 723 286 235, I , 069. 56 ^3,786, ), 643 286 238, i, 940. 39 3,268, ?, 573 286 241, ; 3,758 , 393. 89 244,,281 286 , 948. 52 3,-807, t,079 386 246, 4,091,, 383.17 249,), 903 380 1,376.81 4,739 ),623 647 252, 4; 877,, 039.10 1,503 647 255, \ 182. 85 S, 4.53 647 4,700 258, 1,452:28 8, 639, 261?, 4-74 027 :, 361. 35 027 10,134 L, 5 2 4 264, S 628. 81 9, 869, 1,474 027 266, , 435.11 5,990 117 10,917 267, ;, 673.62 r,440 117 12, 278 270, , 624.16 12,177, 117 ), 250 - 273 :, 908. 64 12,005 276,:,390 157 , 032. 39 5,816 1.57 11, 683, 280, , 655.13 10, 831 283,),344 1.57 , 866. 20 9,961, 3.57 M 4 0 285; ' , 545. 61} 2885,845 357 . 10, 219, ', 153.19 10,3Q5 ?,545 3.57 .975. 91 1G; 024. 29i: , 3.55 789 , 442. 27 9, 937, . 2 9 4 ,1,039 790 , 040. 95 9,357 207,^ 0 3 7 790 1,754. 36 299,),424 790 10, 619 , 053. 97 300,),708 790 11, 066, , 203. 90 303,}, 320 790 10, 973,, 833. 44 306,5,542 890 10, 645,. 313. 55 309,), 670 •890 10,559. :, 583.13 312,},450 890 10. 734, I, 236. 77 315). 386 390 • 10. 865, i, 676. 96 318,),180 190 10, 606, Dollars in Treasury. $87,153.816 88, 840! 91,166; 249 92, 228,649 92', 414,977 92, 940,582 94, 016, 842 97, 530,969 100,261 444 103, 482: 305 106, 366,348 108, 898, 977 ill, 914, 019 113, 057,052 114, 320. 197 114, 587. 372 116, 036,450 117, 768: 966 119,449, 385 123, 4'74,748 126, 822,399 329, 006;101 130, .314,065 132, 626,753 135, 560, 930 137, 692, 119 140,615, 722 142, 058,787 142, 926,725 144,745, 075 146, 502, 865 150,632, 154 153, 56i: 007 156, 698,482 159,441, 034 162, 244, 855 165,413: 112 166,499, 948 166,854 215 165,483, 721 342 163, 817, 018 165,568, 190 165,738, 385 169, "" 906 171,8051 985 174,700, 502 175, 928j045 178, 21 566 183, 253, 924 3.81, 523,457 181; 769, 593 181, 262, 231 182,931 938 184,911 ,'238 188, 506, 783 193, 963, 760 3.98,332, 372 201, 672, 822 205, 788, 567 209,052, 970 211,483, 891 211, 528,448 213,212, 796 213, 043, 532 21.4,175, 443 215, 882, 539 218, 917 380 223, 918,493 227,947, 274 232, 037, 394 236,156, 970 240,587 487 243, 879,765 245, 798,402 247, 859, 534 248, 791, 440 240, 970. 505 251, 975, 254,406. 869 250,811, 329 Dollars iu circulation. 990. 964 463,881 531 231 903 298 238 111 636 394 351 722 880 847-' 702 527 499 983 734 371 720 528 564 876" 913" 710 107 042 104 754 129 040 187 912 360 370 269 433 166 710 089 413 571" 376 855 776 619 076 720 362. 829 693 155 448 409 864 887 655 205 460 147 220 669 361 625 714 8.18 977 864 515 396 820 303 025'388 356 450 385 321 861 83 TREASURER. W o . 4 7 . — S T A N D A R D S I L V E R DOLLARS C O I N E D , I N J ' H E T R E A S U R Y , AND I N CIRCULATION, AND S I L V E R B U L L I O N I N T H E T R E A S U R Y , ETC.—Continued. Month. 1889—February., March.... AprU. May...... June July August... September October.... November .- December. 1890—January . . February. March.... April May June July....... August— September October..., November December. I89I—January.. February. March April...:.. May June July. August— September, October.., November December. 1892—January.. February . March April May June...... July August... September Dollars coined. Bullion in Treasury. Dollars in Treasury. DoUars iu circulation. $320, 946, 490 $10,762, 957.91 $263, 514, 586 323,776, 515 10, 801,669. 00 267,286,176 326,974,515 10, 755,081. 93. 271, 326, 743 330,188, 540 10, 291,861.17 •275,484,223 333,422, 650 10, 603,691.50 279, 084, 683 334, 602, 650 11, 860,282.95 280, 382, 395 337, 502, 650 11, 343,339. 90 282, 583, 864 340, 357, 650 11,286, 828.49 282, 983, 550 343,428, 001 10, 918,171. 31 283, 539, 521 346, 798,001 10, 322,869.50 286,103, 364 349, 802, 001 10, 729,078. 00 288, 535, 500 352, 536, 001 293,229,364 11, 557,7.59.93 355, 948, 001 297, 575, 621 11,156, 951.75 359, 884, 266 "30,709, 438.87 302, 036, 610 363,424, 266 ' 9,432,626. 74 306, 429, 289 366, 336, 266 "309,988, 092 8, 955,254.40 369,402, 466 10, 649,449. 76 313,259,910 371, 726, 266 11, 658,804. 91 314,744, 998 374, 578,266 316, 071, 592 12, 832,691.58 377, 628, 266 14, 485,013. 51 315,495, 812 380,988, 466 16, 995,314. 65 315., 278, 902 384,431, 839 317,183, 482 18, 796,045.98 387, 981,005, 20, 299,953.71 320,433, 982 391, 566, 005 326, 747, 056 21, 277,918.68 394, 601, 005 331, 040, 452 22, 671,531.87 397,605,327 25,870, 383. 36 334, 684, 317 400,281, .327 27, 600,433.87 338, 588, 509 402, 873,158 29,172, no. 53 343, 004,448 347,976, 227 051. 65 31,729, 405, 659, 268 348, 471,389 406, 635, 268 36,583, 123.96 40,146, 730. 05 349, 256, 571 407, 815, 268 408, 535, -368 43, 973,513. 48 348,341,193 347,339, 907 409, 475, 368 47, 580,681.51 50, 316,836.15 348,191; 920 410,889,124 411, 543, 740 53, 969,468. 39 349,217, 549 411, 869, 740 57, 940,646. 04 351,653,110 61,401, 457. 44 352,920, 220 412,184,740 412, 535,360 65, 720,465. 67 354, 063, 617 413, 055, 360 68, 912,656. ^^9 355, 500,903 413, 565, 360 72, 501,576.15 356,468, 435 ^ 413, 988, 735 76, 669,151. 01 357,189, 251 80, 479,594. 22 357,384,873 414,416,735 414, 966, 735 83,493, 550.82 -357,343,849 415,742, 835 86,000, 553.70 356,173,732 $57, 431, 904 56; 490, 339 55, 647,772 54, 704,317 54,337, 967 54, 220, 255 54, 918, 78657, 374,100 59, 888,480 60, 696, 637 61, 266,501 59,306,637 58, 372, 380 57, 847, 656 56, 994,977 56,348,174 56,142, 556 56,981,268 58, 506,674 62,132, 454 65,709, 564 67, 248, 357 67, 547, 023 64,818, 949 63, 560, 553 62, 921, 010 61, 692, 818 59,868, 710 57,683,041 58,163, 879 58,558, 697 60,194, 375 62,135, 461 62, 697, 204 62, 326,191 60, 216, 630 59, 264, 520 58, 471,743 57, 554, 457 57, 096, 925 56,799,484 57, 031,862 57, 622, 886 59, 569,103 W o . 4 § . ^ S T A N D A R D S I L V E R DOLLARS I N T H E TREASURY AVAILABLE F O R T H E ISSUE OF S I L V E R CERTIFICATES, AND S I L V E R CERTIFICAT:^S I N T H E T R E A S U R Y AND I N CIRCULATION, AT THE E N D OF EACH M O N T H , FROM M A R C H , 1878. Month. 1878—March.... A^ril Hay June July August... September October... November December 1879—January.. February. March.... April..... May June July.. August... September October... November December. 1880—-January .*. Februaiy. Dollars in.. Treasury.. Certificates Certificates i n in T r e a s u r y . circulation. $810,561 3,169, 681 • 5,950,451, ( $ ^ 4 , 7 3 0 .. . . 7,718,357 1,455, 520 9, 550, 236 2, 647, 940 11, 292,849 4, 424, 600 12,155, 205 3,33.6,470 13, 397, 571 2,639,560 14,843, 219 1, 907, 460 16, 704, 8292, 082, 770 17, 874,457 2,170, 840 19,505,767 1, 976, 320 21,558,894 2,074,830 23, 694, 563 V 1,779,340 26,181, 045 1,922, 820 28,147,351 - 2, 052, 470 29,151, 801 2,034,680 30,678,464 3, 976, 960 31. 559,870 3, 045, 330 32,322, 634 4, 531, 479 32,839, 207 5,173,388 33,168, 064 6,888, 658 34, 961, 611 5, 063, 456 36, 972, 093 4,797, 314 Net dollars in Treasury. $810, 561 $63, 000 3,106, 681 ,:. 5,923,121 ^^-27,m 7,080 7,711, 277 959,690 8, 590, 546 1, 709, 280 9,583, 569 711, 600 11,443, 605 68,790 13, 328,781 366, 060 14,477,159 413,360 16,291, 469 400, 340 17,474,117 331,860 19,173,907 251, 700 21,307,194 197,680 23,496, 883 444,140 ^.25,736, 905 414, 480 27,732, 871 ' 771,170 28, 380,631 1,304,890 • 29, 373, 574 1,176,720 30,383,150 1,604, 371 30,718,263 1, 894, 722 30, 944,485 3, 824,252 ^ 29,343,812 3,989,454 30,972,157 4,572, 606 32,399,487 84 Wo. REPORT ON THE FINANCES. 4§.—STANDARD S I L V E R DOLLARS I N T H E TREASURY AVAILABLE FOR THE ISSUE OF SILVER CERTIFICATES, ETC.—Continued. Month. 1880—March April May -. June.. July August September.. October November .. December-.. 1881—January February ... March April May June July „ August September.. October N o v e m b e r -. December.. 1882—January — February - . March April May June....... July A u g u s t . . -'. September. October... . November . December.. 1883- - J a n u a r y . . . February .. March..' — April May , June July August September. October November . . December.. 1884—January . . . February.. March ..... AprU May June July August September. October November . December.. 1885—January . . . February.. ' March April May June... July :.. August September. October...November. December.. 1886—January . . . February .. March April May... June July...— August...-September. October.,..' Dollars in Treasury! $38,780, 342 40,411,673 42, 778,190 44,425,315 46,192. 791 47,495, 063 47, 654, 675 47, 084,459 47,397,453 48,190.518 50, 235,102 52, 939. 460 55,170; 158 . 58,044,826 • 60,518,273 62, 544, 722 64, 246,302 65,948, 344 '66,092,667 66,576,378 68, 017, 452 69,589, 937 72, 421, 584 ' 75,138, 957 78,178, 583 81, 595, 050 . 84, 600, 043 87,153, 816 88, 840, 899 91,166, 249 92, 228, 649 92, 414, 977 92,940,582 94. 016, 842 97. 530, 969 100, 261, 444 103, 482, 305 106, 366, 348 108, 898, 977 111, 914, 019 113, 057, 052 114,320,197 114,587, 372 116,-036, 450 117,768, 966 119,449, 385 123; 4-74, 748 S126, 822, 399 Certificates Certificates in N e t dollars in T r e a s u r y . in Treasury. circulation. $5, 611, 914 • 5, 428, 354 6, 322, 731 6. 584, 701 5,758,331 5, 538, 821 6, 318, 769 7, 333, 739 • 8, 572, 294 9, 454,419* 9, 985, 583 10, 856, 463 10,733, 085 11, 522, 208 11,988,7.10 12, 055, 801 11,181, 088 11, 516,432 11, 559, 730 7, 488, 900 7,089, 880 6, 359, 910 7, 462,130 8, 549,470 8, 933,930 8,'872,790. 10,509,160 31,500,620 12,361,490 11,700, 330 8, 364, 430 7, 987, 260 • 5,752,970 4,405, 0004, 306, 650 5, 208,550 6, 865,340 8, 887, 260 8, 305, 940 15, 990,145 -15.542,730 17, 276, 820 15, 568, 280 14,244,760 13, 806, 610 13,180, 890 13,179, 020 13, 890,100 20,488, 585 129, 006,101 20, 876, 250 130, 314, 065 19, 936, 620 132, 626,753 23, 384. 680 135, 560, 916 137, 692,119 25, 265; 980 140, Gid, 722 26, 903, 230 142, 058, 787^ 26, 769,470 142. 926, 725 30, 814, 970 144, 745, 075 28, 951, 590 146, 502, 865, 23,302, 380 150, 632,154 27,337,890 •153, 561, 007 29, 951, 880 156, 698,482 30,8Q1,615 159,441,034 32; 141,140 162; 244, 855 35, 575,590 165,413,112 38,370,700 166, 499, 948 40, 340; 980 166, 854, 215 42,712, 890 165, 483,721 31,722, 990 163,817,342 31,906, 514 165:568,018 32, 034, 464 165, 718,190 33,164, 311 169,083,385 33, 978, 767 34, 837, 660 . 171,805,906 32,410, 575 174,700. 985 31,141,055 175, 928, 502 30,411,016 178, 252, 045 181,253,566 27, 861, 450 181, 523, 924 27,728.858 25, 571, 492 181, 769, 457 22, 555, 990 181,262, 593 17, 562, 302 182, 931, 231 $32,763, 336 $6, 017, 006 33, -796, 307 6, 615, 366 36,726,651 6,051, 539 5,789. 569 38, 635, -746 6,930.959 39, 261, 832 .7, 619; 219. 39; 875, 844 12,203,191 35,451,484 19,780,241 27, 304, 218 26. 504, 986 20, 892, 467 .36,127,711 12, 062, 807 36, 814, 637 13,420, 465 37,027,797 15,911,663 39, 445, 815 15,730,343 39,157, 932 18, 886, 894 38,784, 540 21,733, 733 23,433, 993 39, no, 729 23,443,410 40, 802, 892 .19,8b6,466 46, 061, 878 52, 590,180 13, 502, 487 7,737,608 58, 838,770 8,443,502 59, 573, 950 7, 274, 617 62, 315, 320 61, 537, 540 10, 884, 044 60,125, 010 15, 013, 947 59, 423, 440 18,755,143 58, 908, 570 . 22,686,486 57, 227, 060 27, 378, 983 54, 506, 090 32, 647,726 .54,757, 720 34,083,179 57, 739, 880 33,426, 369 ' 63,204,780 29, 023, 869 65, 620, 450 26,794,527 67,342, 690 25, 597, 892 68, 443, 660 25, 573,182 68, 438, 820 29,092,149 68, 027,420 32, 234, 024 70,759,991 32,722,314 • 34,482, 277 71, 884, 071 37,171, 586 71,727,391 39,293, 333 72, 620, 686 39, 328, 371 73, 728, 681 38,945, 036 75, 375,161 78,921, 961 35, 665,411 85, 334, 381 30,702, 069 87,976,201 29, 792, 765 96,717, 721 22, 731, 664 96, 958, 031 26, 516, 717 96,247,721 3Q, 574, 678 95, 919, 576 33, 086,525 95,497,981 34, 816, 084 97,363,47! 35,263, 282 96,427, o n 39,133,905 95,138, 301 42, 553, 758 94,228, 691 46, 387, 031 96,491,251 45,567, 536 42,185,16-1 100, 741, 561 39,756, 544 104,988, 531 31,636,954 114,865, 911 36, 773, 343 113, 858, 811 42. 093, 056 111, 407,951 44,198, 256 132,500,226 49, 9S7, 088 . 109,443, 946 57,159, 069 105, 085,186 63, 882,166 101,530, 946 •- 67, 627, 842 98,872,106 70,774,919 96,079, 296 71, 827, 005 93, 656, 716 70, 670, 570 93,146, 772 92, 702, 642 - 72,865, 376 72, 538,725 93,179,465 79;321,776 89, 761, 609 83,415, 090 88, 390, 816 84, 578, 564 °90,122, 421 80,195, 361 90, 733,141 89,067,916 89, 384, 329 93,137,341 88, 31.6, 225 93, 959, 880 87, 564, 044 92, 747, 697 89.021,760 85, 875, 481 95, 387,112 82,624,431 100, 306,800 85 TREASURER.Wo. 4§.—STANDARD SILVER DOLLARS I N THE TREASURY AVAILABLE FOR T H E ISSUE OF SILVER CERTIFICATES, ETC.—Continued. Month. 1886—November December. 1887—January . . February . March . . . . April May June. • J'Uy August... .September October-.. ^ November . December. 1888—January . . February. ^ March . . . . -'" A p r i l . May June...... July August'... September October... November December. 1889—January . . February. March April May ...... June...... July / Augu'st... September October... - November December. 1890—January.. February . March April May June July..:... August... September October... November December. 1891—January . . February . March . . . . April. May June -. July August... September Octobei:— November December1892—January . . February. March . . . . April M a y ... June July August... September Dollars in Treasury. Certificates in Treasury. $14,137, 285 911,'938 7, 338; 432 188, 506, 238 6, 737, 388 193, 963,783 5,466, 347 198, 112, 760 6, 212- 849 201, 6-72, 372 5, 007, 700 205, 788, 8225, 289, A64 209, 052, 567 3, 425, 133 211, 483, 970 211, 528.891 • 4,209, 659 213, 212,448 5, 996, 743 213. 043, 796 3, 919, 841 214, 175, 532 3, 451 494 215, 882, 443 4, 413, 446 .218, 917, 539 "•6,339, 5-70 223, 918,380 14, 930, 517 227, 947, 493 21,166, 469 232, 037, 274 19, 370, 425 '236, 156, 394 18, 31.6: 109 240, 587, 970 20, 458, 423 243, 879,487 29,104, 396 245, 798,765 23, 361, 286 247, 8.59, 402 15, 528, 762 248, 791, 534 9, 8.19: 875 249, 979,440 7, 404, .624 251, 975, 505 8, 834, 485 254, 406, 869 • 3,958, 567 113 259, 811, 329 4, 717, 898 263, 514, 586 5, 717, 236 267, 286,176 4, 760, 830 271, 326, 743 3.451. 089 275, 6, 205, 301 279, 484, 223 5, 527, 271 084, 683 280, 5, 651 570 282, 382, 395 6,141 583, 864 052 282, 3, 878, 373 283, 983, 550 • 2, 328, 174 286, 539, 521 2, 419, 966 288, 301,364 2,252, 118 293, 535, 500 3, 254; 377 297, 229, 364 575, 621 4,063, 891 302, 3,407, 605 306, 036, 630 4,438, 023 309, 429, 289 4, 936, 708 313, 988, 092 4, 329, 258 314, 259,910 3,442. 861 314, 744, 998 4, 951: 364 311, 491, 592 1, 852, 197 311, 705, 793 2, 443, 525 311, 808, 787 1, 976, 315 310, 026,358 1, 566, 788 312, 468, 43.6 3, 218, 215 314, 917, 855 3,346, 247 317, 744,479 319, 802, 630 • 3,757; 417 3, 309, 775 321, 000, 252 5, 009, 03; 324, 086, 834 7, 351 345 326, 628, 657 8,198, 888 326, 022, 024 6, 624, 072 325, 669,113 2; 920, 759 324, 669, 316 "324, 030, 053 2, 525, 308 325, 639, 805 3, 401, 750 327, 459, 030 3, 954, 336 328, 647,101 6, 216, 157 573,164 3,280, 703 663, 522 3,589, 106 660, 808 3, 209: 837 -330, 048, 340 33i: 690,781 3, 613, 501 331, 877, 512 4,733, 481 331, 4, 472: 159 330, 2,779: 477 329, 238; 271 2, 6I9; Certificates i n N e t dbUars circula.tion. in Treasury. $105,519, 817 117, 246, 670 118, 315, 714 121,130, 755 131, 930, 489 137,740, 430 139,143, 328 142,118, 017 144,166, 141 147; 876, 385 154, 354, 826 160, 713: 957 168,1.49; 274 176, 855, 423 179, 321, 053 184,452, 659 191, 526; 445 194. 426, 932 196; 645, 405 200, 387, 376 203, 68O; 679 20S^ 658, 966 218, 561, 601 229, 783 152 237, 415; 789 246,219, 999 245, 337, 438 953 246, 628, 679 251, 263, 203 254, f " 83.0 255, 537, 445 257,102: 125 259, 557, 626 268, 580; 715 276, 619, 944 277,319; 386 276, 794, 073 282, 949: 771 281, 3.31: 262 284,176, 562 -290,605; 348292, 923, 083 294, 656; 043 297, 210, 913 298, 748, 210 303,471 207 309,321 177 308,206, 490 308, 576, 463 308, 289. 086 303, 844, 259 303,822, 535 809, 632 440 312, 933, 378 310, 541, 148307, 364; 114 • 307, 291, 321 317, 588,487 322, 010 642 321,142, 610 320,873, 568 320,817, 307 320,138, 186 325, 341 149 325, 683 896 327, 289,165 327. 200,803 326.880, 823 327; 336,145 328, 289,827 326, 849, $79,392, 121 71, 259,568 75, 648,069 76, 982,005 69, 741,883 68, 048 392 69, 909,239 69, 365 953 67, 362,750 65, .336 063 58, 688,970 53, 461 575 47, 733,169 42, 062,116 44, 597 327 43, 494,834 40, 510,829 41,729, 462 43. 942 565 43,492 111 42,118, 086 38, 200,4.36 30, 229;933 •20,196,•288 14,559 716 8,186 870 14,473, 891 16,885, 633 16, 022,497" 16,387, 540 19; 946,413 21, 982 2.38. 20,825 270 14,003, 238 6, 363,835 6, 219,577 9,306 978 5,586 427 11, 897,593 13, 399,359 11,431, 048 13, 505,941 15, 332,009 16,049, 86715, 996,085 11, 020,382 2, 384,586 3,602 610 2, 449,859 • 2,178, 953 9, 073,769 10, 922,220 8,170, 095 6, 066,812 10, 545,456 17, 264,509 18,730 910 9, 080,792 • 3, 652, 829 • 2,887,411 ,3,766, 195 4, 641,462 7,508, 794 3,431, 978 3, 980,373 3, 370,912 3, 758,175 4,809, 978 4, 540,689 2,709, 343 2,388, 444 8d &:^.POR* ON THE FINANCES. W o . 4§.'^t<EGAL-TENDER N O T E S I N T H E T R E A S U R Y , AND C U R R E N C Y CERTIFICATES IN T H E TREASURY AND I N CIRCULATION^ AT T H E E N D O F EACH M O N T H FROM MARCH, 1878. ^ Month. 1878—March , April May June July August...:, September. October November . December.. 1879—January . . . . February... March April May June July August September.. October...-. November.. December.., 1880—January... February.,. • March AprU May June • Julr August.... September . October November.. December.. 1881—January February . . March April May June July August September.. October November .. December... 1882—January . . . February.., March .. April May June July August .September. October November .. December.. 1883—January.... February... March AprU May June July.. August September.. October November . . December... .1884—January February... March.'. April May . . . . . June. July August September.. Notes in Treasury. Certificates Certificates in| N e t notes in in Treasury. circulation. Treasury. $47, 327, 341.75 49, 521,372.12 56, 695,892.66 62, 020,120. 73 67, 105, 859.19 68, 348, 254. 36 63, 049, 339. 67 64, 175,605. 84 63, 655,404.16 59, 582, 505.38 62, 463, 706.94 72, 650,231.65 67; 370,677.54 61, 998,485.16 142, 335.67 • 015,969.62 791,465.73 597, 606.37 173, 254.41 522,567. 20 973, 454. 09 660,493.88 299,562.45 149,093.12 080, 080.79 474, 279.79 833, 019.97 020, 559.11 099,123.52 649, 849.33 148, 612. 89 418, 992.71 574,937.36 741, 818. 06 181, 616. 35 206,600. 52 338,197. 63 927, 086. 33 922, 304. 87 204, 092. 45 624, 909.88 320, 869.01 130,132. 07 281,768. 66 401, 078.19 992, 799. 99 714, 394. 46 701, 850.17 371,415.21 627,824.31 938, 690.18 670, 589.08 969, 589.86 883,940.65 948,158. 41 689,196.17591, 392. 21 454,394. 86 592, 236. 55 744,817. 28 878, 561. 26 969, 623. 27 471,824. 57 498, 839.42 632, 646.03 791,765.88 194, 420. 01 113, 037. 33 874, 644. 35 644, 248.-72 356,188. 89 808, 632. 26 904,652. 22 765, 833. 28 731,840.75 383, 801..75 727, 989. 53 843, 553. 52 524, 872. 86 $2,810,000 $22, 585,000 920,000 27, 835,000 235,000 36, 955, 000 570,000 46, 245, 000 460, 000 51, 120, 000 1,460,000 47, 815, 000 1, 345, 000 39, 545,000 180,OOQ 35, 660, 000 2,120, 000 35, 070,000 1,510,000 33; 190, 000 755,000 40, 445, 000 9,425, 000 36, 675,000 2, 580, 000 25, 145,000 1,140, 000 30, 905, 000 1,155, 000 25, 880, 000 1,450, 000 29, 355, 000 590, 000 40, 250,000 .960, 000 34, 375, 000 1,975, 000 - 29,240, 000 2, 315, 000 20, 195, 000 685, 000 13, 585, 000 425, 000 -Id, 090, 000 215, 000 12, 685,000 670,-000 11, 095, 000 320,000 175,000 985, 000 175, 000 650,000 600, 000 235,000 360,000 075,000 590, 000 205,000 105,000 885,000 90, 000 625, 000* 150,000 450,000 75,000 980, 000 25, OOQ 630, 000 640,000 -325, 000 565, doo 240, 000 255, 000 40, 000 860,000 650,000 275,000 525, 000 215,000 450, 000 175,000 105, 000 210, 000 275, OQO 35,000 990, 000 55,000 540,000 50, 000 330, 000 70, 000 445, 000 105,000 925,000 215, 000 990,000 125, 000 065, 000 265, 000 245, 000 75, 000 220, 000 510, OOO 815, 000 185, 000 540,000 130,000 835,000 110,000 835, 000 10, 000 575, 000 10,000 430,000 60,000 130,000 465,000 210, 000 050, 000 250,000 790,000 55, 000 060, 000 15, 000 885, 000 315.000 055. 000 25, 000 870, 000 90, 000 545, 000 75,000 365, 000 75,000 480, 000 100, 000 835, 000 80, 000 125, 000 45, 000 955, 000 90, 000 920,000 o52G.000 030, 000 105,000 190,000 20, 000 165. 000 195,000 270;000 65,000 630,000 150, 000 315,000 $24,742, 341. 75 21, 686,372.12 19,740, 892. 66 15, 775,120.73 15,985, 859.19 20, .533,254.36 23, 504,339. 67 28,515, 605.84 28, 585,404.16 26, 392,505. 38 22, 018,706.94 35, 975,231.-65 .42, 225,677.54 31, 093,485.16 43, 262,335. 67 36, 660,969. 62 23,541, 465.73 36, 222,606. 37 18,933, 254. 41 17,327, 567. 20 16, 388,454.09 12,570, 493. 88 .11, 614,562.45 15,054, 093.12 15,760, 080. 79 17,489, 279.79 18,183, 019.97 18, 785,559.11 19, 024,123. 52 20, 444,849. 33 17, 263,612.89 13,793, 992.71 11,124, 937. 36 8, 761,818.06 10, 551,616.35 14,566, 600.52 14, 773,197.63 14, 672,086.33 16, 062,304.87 18,554, 092.45 19,099, 909.88 19, 870,869.01 19, 025,132.07 18, 006,768. 66 17, 411,078.19 16,452, 799. 99 17, 384,.394.46 18, 256,850.17 17,446, 415. 21 17, 637,824.31 19, 873,690.18 21,425,589. 08 22,749,589. 86 24,068, 940.65 21,408, 158.41 19,854, 196.17 20,756,392.21 18,879,394. 86 21,162, 236. 55 21,614, 817.28 20.413,561.26 20,919,623.27 21, 681,824. 57 .23,438, 839.42 24,747, 646.03 25,736, 765. 88 25,324, 420.01 24, 568,037.33 25,509, 644.35 25,164, 248. 72 25,321, 188.89 27, 683,632. 26 30,949, 652. 22. 30, 845,833. 28 27,701, 840.75 27,993, 801.75 29,562, 989. 53 26,573, 553. 52 20,894, 872.80 TREASURER. 87 W o . 4 9 . — L E G A L - T E N D E R NOTF^S I N T H E T R E A S U R Y , AND C U R R E N C Y CERTIFICATES IN THE TRISASURY AND IN CIRCULATION, ETC.—Continued. ^ , Month; I884^0ctober... November. December. 1885—January - Feb.ruary. March.... April May June July August... September October... ^ November. December. 1886—January . . February. March.... April May June July...... August... September October.... November December 1887—January.. February. March April May...... June July . . August... Sej) tember October... ' NoA^ember December 1888—January.. February . March April May June July August - - September October... November December1889—January . . February . March April May June July...... August... September October... November December. 1890—January . . February . March . . . . Ax).ril.'.... May June Jidy August... September October... November December. 1891—January . . February. March April..... May • Notes in Treasury. Certificates Certificates N e t notes in in Treasury. in circulation. Treasury. $33, 942,171.85 $85,000 $17, 770,000 $16, 372,171.85 32,200,683.43 120,000 22, 575, 000 9, 625, 683.43 36,499, 575. 42 160, 000 24,760, 000 11, 739,575.42 43,958,468.83 45,000 • 30, 085, OQO 13, 873,468. 83 48, 926, 821.53 380,000 . 30, 200, 000 • 18,726, 821.53 1, 005,000 46, 683, 288. 39 26, 210, OOQ 20, 473, 288. 39 46, 865, 690. 08 50,000 •25,400,000 21,465,695.08 50,417,109.15 315,QQO •26,925,0)0 23, 492,109.15 200, 000 • 29,585, 000 45,047, 378. 94 15, 462, 378. 94 48,418, 996.74 260,000 • 33,420,000 -16, 998, 996.74 55, 658, 656.00 695,000 30,805,000 24, 798, 656.00 51,129, 322. 35 695, 000 . 23,185,000. 27, 944, 332. 35 45, 695, 341.31 410,000 18,145, 000 27, 550, 341. 31 43, 290, 642.91 210,000 •17,555,000 25, 735, 642.91 41, 731,200.11 265,000 13,790, 000 27, 941, 200.11 47,890,388.92 260, 000 14,590,0)0 33, 300, 388. 92 47,197,293.02 385,000 14, 920, 000 32, 277, 291. 92 42, 214, 484. 54 840, 000 11,925,000 30,289,484.54 37, 603, 774.09 225, 000 11,515,000 26,088,774.09 40, 244,098. 33 . 585,000 13,955,000 26,289, 098. 33 41,118,316.79 250, 000 . 18,250,000 22, 868,316. 79 41,.044,142. 44 470, 000 19,-105,000 21,939,142. 44 46, 774, 647. 22 ' 1, 510,000 11,195, 000 ^ 35, 579, 647.22 350, 000 7,705,000 44, 224,080.83 36, 519, 080. 83 20,900 •^ 7,140,000 38,107, 305. 27 30,967,305. 27 280,000 36, 573,188.34 7, 025, OQO .29,548,188.34 29, 679, 325.78 200, 000 6, 510,000 23,169,325.78 33, 003, 681. 60 ^ ^ 100, 000 8, 720,000 24, 283, 681.60 33, 869, 20L 91 250,000 8, 380, 000 25, 689, 201. 91 28, 294, 937. 58 43.0, OGO 7,135,000 21,15i), 937.58 160, 000 28, 575, 473: 87 8, 350, 000 20, 225,473.87 30, 757, 376. 30 410,000 8,990, 000 . 21, 767, 376. 30 28,783,796. 79 310, QOO 8, 770, OQO 20,013,796.79 28, 093,739. 92 350, OQO 8,460,000 39,633,739.92 420,000 28, 287, 538.90 7,130,000 21,157, 538.90 24,145, 212.17 150, 000 6, 535, 000 17,-610, 2.12.17 22, 476,066.74 170, 000 7, 215, 000 15, 261, 066.74 23,153, 220. 39 320, 000 6, 835, OQO • 16, 318, 220. 89 130,000 6,985,000 22,409,424. 94 15, 424, 424.94 28, 660, 468. 63 280,000 10, 645,000 18,015, 468.63 33,482, 080. 72 440, COO 11, 215,000 .22,267,086.72 ** 650,000 8. 915,000 33, 085, 622. 59 24,170, 622. 59 10, 555,000 39,046,614.30 100, 000 28,491, 614.30 46,158,199.81 470,000 12,230, 000 33, 928,199.,81 250,COO 14, 415,000 52,398, 204.07 37, 983, 204.07 100, OQO 15,205,000 55, 030, 739. 84 .39,825,^739.84 56,225,392.78 90, 000 14,645, 000 41,580,392.78 580,000 12,730,000 •53, 358,963. 25 40, 628, 963. 25 300, OCO 11, 580,000 48, 393, 320. 20 36, 813, 320. 20 46, 562, 956.22 150,000 11, 360,000 35,202, 956. 22 470, 000 10, 250, COO 41,125,859. 86 - 30,875,859.86 95, 000 13,915,000 43, 361,498.18 29,446, 498.18 45, 220, 510. 98 280, 000 15,920. COO 29,300, 510. 98 39, 501, 231. :L2 510,000 14,450,000 25,053,231.12 14,580, 000 38, 350.136. 89 23, 770,136. 89 no, 000 270,000 16,150, COO 43,940, 387.13 27,790,387.13, 16, 735, 000 46, 336, 085. 23 240, 000 29, 601,085. 23 17, 575, 000 • 47, 939, 366.31 30,000 30,364,366. 31 460,000 16, 5-1-5, 000 48, 870, 935. )8 32, 325, 935. 08 770,000 15,275,000 36,445, 258.22 21,170, 258. 22 12, 51.0, 000 29,813,500.60 350, 000 17,303, 500. 60 24,959,022.26 610,000 10,140, 000 14, 819, 022.26 570,000 9, 000, 000 15, 673, 925.19 6, 673, 925.19 19, 236, 223. 86 90, 000 11,630,000 . 7,600,223.86 19, 823, 865.20 250,000 10, 230,000 9, 593,865.20 14,579, 656.93 990, 000 7, 660, 000 6,919, 656.93 16, 004, 410. 61 140,000 8,795, 000 7,209,410.61 19, 747,798. 81 340, 000 9,855, 000 9,892, 798. 81 23, 634,189. 96 450, 000 11, 830, 000 11,804,189.96 23,983,.43.L56 40, 000 11,820,000 12,163,41L 56 21, 626, 810. 32 410,000 8,820, 000 12, 800, 810. 32 33,727,790.20 180, 000 , 6, 990, 000 6,737, 790. 20 14, 744, 912. 23 20,000 6, 910, 000 7, 834, 912. 23 320,000 6,270,000 13,144,864.17 6,874, 864. 37 12,199, 348.21 10,000 6,810, 000 ' 5, 389, 348. 21 22.O57,80L.59 140, 000 11, 360, OQO 10,697,801.59 22, 955, 586. 36 260,000 12, 270, 000 10, 685,586. 36 15, 822, 044. 58 530,000 11,145, 000 4, 677, 044. 58 19, 207, 343. 84 270,OCO 14, OOC, COO 5, 207, 343. 84 26, 927, 336. 97 310,000 17, 750, 000 9,177, 336. 97 88 REPORT ON THE FINANCES. W o . 4 i ^ . — L E G A L - T E N D E R N O T E S I N T H E TREASURY, AND CURRENCY CERTIFICATES IN T H E T R E A S U R Y AND I N CIRCULATION, ETC.—Continued. -' Notes' in Treasury. Month. 1891-June July August... September October... Novem ber December. 1892—January.. February. March - ' April May June July. August. - . September $32,731, 995.97 38,098, 408. 84 42, 922, 264.-84 26, 995. 716.84 16, 378, 812. 84 15, 293, 072.84 14, 944, 709. 84 22,098, 383.84 34, 066, 986.84 34. 772, 841. 84 33, 622, 074.84 38, 551, 027. 84 38, 526, 589. 84 38, 638, 606.84 34, 401, 146.90 29, 560. 342.81 Wo. 5©.- - G o L D Certificates _ Certificates in Treasury. in circulation. $1,425, 000 180, OOO • 730,000 1, 990, 000 330, 000 370, OCO 200, 000 90, 000 90, 000 1, 380, 000 340,000 290, 000 490, OOD 980, 000 560, 000 970,000 $21, 365, 000 27, 265, 000 , 28,455, GOO 17, 845, COO 10,765, 000 9, 765, COO 9, 265, COO 16, 760, 000 29,350, 000 29, 840, 000 30, 210, 000 33, 730, OOQ 29, 830, 000 26,720, 000 22, 210, 000 17, 290, 000 Net notes in Treasury. $11, 366,995. 97 10, 833,408. 84 14,467, 264. 84 - 9,150,716. 84 5, 613,812. 84 5, 528,072. 84 5, 679,709. 84 5, 338 383. 84 4,716, 986. 84 4, 932.841. 84 3, 412,074. 84 4. 821,027.84 8, 696,589.84 11, 918. 006. 84 12,191. 146. 90 12, 270,342. 81 AND S I L V E R . C O I N A N D B U L L I O N I N T H E T R E A S U R Y A T T H E E N D OF EACH M O N T H F R O M J=UNE, 1878. Gold coin SiWer dollars Fractional and bullion. and bullion. sih^er coin. Month. 1878—June.'. July , Augiist •. September October November December i 1879—January.February. March April May , June., July Aug-ust September October NoA'-ember December 1880—January . February March April ' May June .July-August September October.., November December 1881—January ' Februa'ry March April .' ' May June ;:.. July August September October ". November December..: 1882—January February March April May.. : June July : August September... October .*? : ' :. ,... - : '.. :: ....'. $15, 059, 828 460, 203 17, 215, 996 132. 014. 619 548; 037 134, 20, 275, 088 136, 036; 302 21, 789, 239 140, 872,155 -23,749,633 142, 400,135 25, 002, 710 135, 382, 639 26,144. 290 133, 756, 907 28, 222. 347 133, 265, 559 29, 343,170 133. 416,126 30, 247,155 134; 520.140 30,643,609 336, 680, 260 31, 853, 701 135, 236, 475 33,239,917 135, 517. 483 34, 264, 025 141, 546; 391 35,583, 076 169, 606, 995 36,117, 374 171, 517, 714 35, 859, 858 160, 443,437 37,162, 305 157, 790, 322 37, 660, 485 153, 690,026 39, 849, 6-47 146. 750, 758 41, 497, 399 144,, 010, 551 42, 867,182 138,, 783, 440 45, 419, 004 128. 709,497 47,, 631,778 126,,145,427, 49,549, 851 123,, 126, 646 52, 274,439 127,,679,279 53, 875, 321 135,, 24^1, 834 53, 212,435 140,, 725, 953 53,127, 826 351,, 362, 519 53, 6.52, 843 156,, 742,096 54, 373, 742 35-4,,544, 209 56, 939, 299 173,,038. 253 58, 295, 768 173,,608,163 59,193, 928 170,, 319,755 61, 908,409 163,,770, 358 63.975,466 163,,171, 661 65, 854. 671 154; 911, 475 67, 208; 580 169, 495, 522 68, 681, 207 174, 361, 345 68. 724; 852 172, 989, 829 70, OQO, 953 71,106,162 178; 225, 303 617.467 73,197, 767 172, 152; 789 75, 680, 510 165, 77, 945,100 173, 757, 874 82, 619, 245 1G6. 457, 357 84, 834, 089 155, 069,102 88, 399,707 153, 985, 545 90, 384, 724 148, 506, 390 3.45, 079, 030 91, 657,169 3.49, 303, 921 93, 896, 965 3.52. 739.106 95, 572, 214 159. 805, 744 96,427,480 $6,860, 506 7, 079, 667 6,478, 642 6,143, 903 6,323,132 6,009, 834 6,031,805 6,143,449 . 6, 278.491 6, 428; 185 6, 621,940 6, 813, 589 8, 903, 401 12. 731, 766 15, 236, 724 16, 8.14, 309 17, 755, 987 18,432. 478 18, 881, 629 20. 204, 810 21,179,312 21,989, 814 22, 767, 673 23,577,092 24, 350,482 24, 975,714 25.152, 972 24, 799, 925 24, 629,490 24, 653, .530 24.769, 057 25,490, 915 25, 813, 058 26, 283, 892 26, 493, 613 26, 841, 957 27, 247. 697 2'7, 295, 487 27. 04-2, 807 26; 313,114 25, 984, 688 25, 918, 252 25, 983, 641 26; 5(57. 873 26, 869, 900 27,187, 681 27, 439,184 27, 755, 923 28, 048, 631 28.153, 956 27,990,388 27, 428,140 26,749,. 432 Total. $150, 380. 537 156, 310. 282 161, 301, 767 163, 969,444 168, 944, 900 173,432,679 167, 558, 734 168,122, 703 168,887, 220 170, 091, 466 171,785, 689 175, 347, 550 177,370,793 182. 513, 274 192, 366,191 222, 538, 678 225,133, 559 216, 038. 220 214, 332,436 213, 744,483 209,427,469 208,867, 547 206,970,-117 199,918, 367 200,045, 760 200, 376. 799 206,707,572 213,257,194 218, 483, 289 229, 668, 892 235,884, 895 236,974,423 257,147,079 259,345,083 258,-721, 777 254, 587, 581 256, 274, 029 249, 415, 542 265, 219, 536 289, 399, 3 i r 268,975,470 275,249,717 271, 778, 875 267, 4Qi; 172278, 572. 880 276, 264, 283 287,342,375 270,141,175 266,939, 745 264. 890,155 271191, 274 275, 737,460 282, 982, 656 89 TREASURER. Wo. 5 0 . - - G O L D AND S I L V E R C O I N AND B U L L I O N I N THE TREASURY AT THE E N D OF EACH MONTH FROM J U N E , 1878—Continued. Month. 3.882—November December. 1883—January . . Februa'ry. March April May June July August... September October... November December. 1884—Janu'ary . . February . . - . March April May Juiie July August... September October... November December. 1885—January . . February. March . . . . April May .. -Julie July August ... - September October.-November December. 18867-January . . February. March..".. April..'-.. May ...... June July August... September October... November December. 1887—January . . Februa'ry. March April M.ay : Julie July •.. August... September O c t o b e r . -. November December. 1888—January . . February . March . . . . April. May June July . A u g u s t -.Sep^tenlbef October... November December. 1889—January.. February. March April May June Gold coin Silver dollars F r a c t i o n a l a n d b u l l i o n . a n d b u l l i o n . sih^er coin. $164, 267, 585 171, 504, 568 173, 317, 834 177, 861, 631 184, 752, 714 187, 837, 442 3.93, 310, 043 198, 078. 568 202, 774, 035 204,172, 975 208,130, 543 209, 429, 940 216,133, 328 219, 0.14, 740 221, 813, 356 221, 881, 633 211, 071, 507 196, 325, 026 201,132, 388 204, 876, 594 210,539,551 214, 483, 657 217, 904, 043 222, 536, 360 231, 389, 361 234, 975, 852 237,167,976 240, 029, 843 241,440,796 243,162,195 . 244, 363, 544 247,028,625 249, 387, 595 250, 257,418 251,251,115 251, 359, 349 251,945, 578 253,351,409 251, 371, 562 -249, 801, 088 242,155,167 240, 580, 533 236, 424, 734 232, 838,124 233, 651, 522 235, 430, 635 242, 609, 018 248, 832,3.48 254, 450, 854 288,128, 018 274,140, 489 275, 088, 626 275,985, 862 275, 336, 916 277, 628,750 • 278,101,106 281, 296, 417 282,039, 534 290, 702, 630 302, 544, 605 302, 661, 279 305, 342,187 307, 809,155 309, 567. 827 310,772,203 312, 801. 287 309, 882, 859 . 313,753, 6.17 326, 551, 392 .331,133,430 332, 551, 306 331, 688, 233 328, 603, 361 324,773, 667 • 325, 641, 856 326, 456, 698 326, 700, 939 328, 203, 901 321, 297, 377 303,504,320 Total. $96,709, 802 $26, 544, 544 $287, 521,931 98.485,035 28, 521, 692 296, 511, 295 101,292.927 27,135, 245 301,746,006 104, 235, 558 27. 507. 276 309, 40-4, 485 107, .4:25, 772 27, 885, 994 320. 044, 480 109, 845, 098 28, 088, 629 . 325,751,169 113, 056,195 334, 669, 434 28, 303,196 n o , 396, 235 342,980, 804 28, 486, 001 117,543, 690 3-18, 375, 867 28, 058,142 119, 014, 756 351, 007,443 27.819,712 352,575, 987 26, 750,161 119, 695, 283 357,115,179 26, 712,424 120. 972, 835 '385,498,187 122, 393. 245 26, 989. 614 370, 222, 624 12:^ 983,758 27, 224,126 377, 976, 952 J28,149,181 28 014, 415 382,114, 852. 131,742, 312 28, 490, 907 373,987,989 134, 049, 926 28,886,556 360,949, 014 135,464, 908 29,158, 480 367,759, 505 137, 249,911 29, 377, 206 374, 093,728 139, 618, 414 29, 600. 720 382, 632,766. 3.42, 295, 729 29,797,480 389,481, 802 29, 859, 003 145, 339,142 394, 371, 396 29,474,181. 146, 993,192 399.456,3.39 29, 348, 757 147, 573, 222 410, 056, 588 29,143, 283 149, 523, 924 415,389,128 29,19-4. 356 1.51 218,920 •422, 314, 817 155, 245, 736 29, 901,105 427,826,816 ; 157, 552,137 30, 244, 836 432, 659, 098 180, 585,976 30, 632, 326 437, 589, 465 183,483,221 30, 944, 049 442, 400. 908 166, 342, 999 31, 694, 365 •447,717, 522 169,451, 998 31, 236, 899 445.167,400 170,444, 785 25,355, 020 445, 602,116 170. 620,:4n 24, 724, 287 444,292,853 169; 399, 844 23, 641, 894 441,982,763 22,965, 536 167, 857.-878 27, 920, 309 449. 017, 861 189,151, 974 450. 663, 071 189, 515, 231. 27, 796,431 172,742,168 29, 013, 994 - 453,127,724 " 174,418, 874 453. 031, 000 28, 811, 038 176, 972, 089 447, 949, 894 28, 822, 638 178, 485, 024 447, 930, 040 28, 864, 483 180,199, 807 445, 536, 818 28, 912, 277 446,088,570 . 28, 904, 682 184, 345, 764 447 ,-546, .1.41 28, 584, 625 185, 309. 994 448,426,024 27,956, 992 185, 038,397 26. 899,745 454, 529. 750 185, 020, 987 26,300,336 459, 871, 664 186, 739.180 469, 262, 242 189, 003, 321 25, 808, 087 193,245,615 - 487, 034, 568 25;080,935 198, 840. 822 499,304. 816 26, 323, 525 202, 812, 9-13 504, 384, 041 26,482.472 210, 311. 824 512,899,300 26, 601, 614 215, 923,183 26, 891, 077 .51'8,151,176 218. 922,190 27,064.7-43 523, 615, 689 26, 977, 494 527, 480, 005 222, 401, 405 26,891,106 531,795, 088 223, 807, 565 26,148, 531 533, 578,137 225, 390, 072 24,984, 219 540, 736, 554' 225, 049, 705 24,468,135 ,552, 871, 304 225,858, 564 24,158, 004 553, 533,381 226. 7.14. 098 '24, 327, 529 558, 549,121 228, 879, 405 25, 019, 973 586, 967, 054 234,137, 926 25,355,432 573,175,905 238, 252, 846 25.586,280 578, 400, 733 242, 062, 250 25, 750, 228 581,645.351 246.093, 836 585, 708, 742 249; 945, o n 25, 878. 872 594, 304, 599 26, 051;, 7-41 254, 499, 241 609, 450, 673 28, 034, 482 256, 884. 819 615,712,79525,746,759 258, 832, 606 616, 727, 369 259, 437, 367 24, 738, 690 616, 315, 556 24, 088,789 260, 538, 554 615,115,125 23, 801, 676 262, 710, 088 . 613,701,231 265, 272,106 23, 655. 458 620, 509,459 270,418, 006 24,449, 597 625,449, 263 • 24,715, 021 , 274, 277,544 629, 709.788 278, 087, 845 24, 921, 004 635, 261, 293 24,975,587 282,081, 825 632,198. 756 25,125. 295 285, 776, 084 618. 322, 427 25,129,733 289, 688, 374 90 REPORT ON T H E FINANCES. W o . 5 0 . — G O L D AND S I L V E R C O I N AND B U L L I O N I N T H E T R E A S U R Y AT T H E .EJ^D OF EACH MONTH FROM J U N E , 1878—Continued. Month. 1889—July , August September... October November.... December .., 1890—Janu.ary February..^. March 7, April May , • Jime July August September... October November... December ..1891—January . February March AprU May , June July. August September... October November.... December ... 1892—January February March April , May J u n e .' July :. August September... Gold coin SilA'-er dollars F r a c t i o n a l a n d buUion. a n d b u l l i o n s i l v e r coin. 304, 305, 308, 310, 313, 316, 31.8, 320, 320, 321, 321, 316, 310, 306, 294, 293, 293, 297, 296, 292, 280, 255, 238, 236, 240, 244, 263, 2'7], 278, 282, 282, 280, 273, 271, 255, 247, 242, •240, $292, 242, 678 293, 927, 004 294, 270, 378 294,457, 692 296, 424, 234 299. 264, 578 304, 787,124 308, 732, 573 312, 746, 049 315, 861, 916 318,943. 346 323, 909, 360 326, 403, 803 328, 904, 284 329,980,826 332, 274, 217 335, 979, 528 340,733, 936 348, 025, 035 353, 711, 984 360, 554, 700 366,188, 943 372,176,559 379, 705, 279 385,054,513 389, 403, 301 392, 314, 706 394, 920, 589 398, 508, 756 403,187, 017 409, 593, 756 414, 321, 677 419, 784, 083 424, 413, 560 428, 970, o n 433,858,402 437, 864,467 440, 827,400 442,174, 286 Total. $25, 012, 877 $618,015,128 24, 786, 455 622, 741, 648 23, 864, 841 624, 008, 991 22,737,900 625, 705, 207 22,133, 4-30 629, 537, 455 21, 927, 928 635, o n , 447 • 22, 506, 504 6-13, 337, 082 22, 758, 530 650, 084, 855 22, 814, 565 655, 786, 4-09 22, 989, 474 659, 729, 802 22, 902. 558 683,179,3.57 22, 805; 226 668, 327, 000 22, 333, 891 685,274, 517 21, 858, 259 660, 982, 603 20, 563, 709 658, 631, 006 19, 551,410 646, 315, 230 19, 086, 586 64.8; 801, 904^ 18, 987, 890 652,741,840 m o , 585, 792 19, 973,211 670, 896, 602 20, 352, 665 673,476, 013 20,486, 094 667, 390, 389 20, 568,4.06 20, 063, 882 647, 571, 944 19, 656, 695 637, 880, 096 19, 368,142 641, 251, 068 18,440, 722 648, 588, 511 16, 846, 620 645„136,117 15,196,379 673, 891, 710 14, 389,585 684, 741, 534 13,789, 325 695, 823, 092 14, 494,842 706, 842. 481 14,787, 832 711, 232. 901 14, 746, 917 714, 675; 289 14, 600,'427 712, 637, 44-2 14,459,497 , 714,956,600 34,224,714 703, 660, 823 3.4,153, 063 699, 323. 751 13, 575, 773 696, 946; 860 12,551,498 695,331, 693 W o . 5 1 . — P A P E R C U R R E N C Y I N THE TREASURY AT T H E E N D O F EACH M O N T H FROM JUNE/1878. Month. Legal-tender- C u r r e u c y certificates. notes. 1878—June ^ July August September October NoA'ember December 1879—January February March' April May. ... July August September . . . : . October November ^ . . . . December 1880—January Februa'ry March April M a v . . .. o une...... Julv Atigast ' September . . . . . October November December $72, 020,121 7,7,105, 859 78, 348, 254 73, 049, 340 74,175,606 73, 655,404 69. 582, 505 71, 024, 531 81,169,973 75, 829. 669 70, 444, 823 77, 550, 442^ 74 393,904 63, 791,466 70, 597, 606 '48,173,254 37,522, 587 29,973, 454 22, 680,494 24, 299, 562 26,149, 093 24,080,081 26,474, 280 30,833, 020 33, 020, 559 34, 099,124 31,649,849 27,148, 613 22, 418, 993 19, 574, 937 15,741,818 Gold certificates. $570, 000 $19,469, 320 18,170,420 460, 000 20, 794,-220 1,460, ocd 3, 345, OCO 9, 392,920 - 3.80,000 9, 901, 520 2,120, 000 9, 845,120 1, 510, OCO 391, 420 755,000 544,020 9, 425, 000 400,220 2, 580, OCO 50, 740 1,340,000 62,140 1,155, 000 33, 580 133, 880 1, 450, 000 43, 800 590, 000 120, 000 960, 000 1, 975, 000 67,700 2, 315, 000 213,400 685, 000 183, 740 425, 000 740, 960 215.000 61,100 670, 000 327, 300 175,000 611, 500 ^ 173,800 175,000 39,800 600, 000 360, 000 40, 700 32, 600 590, 000 36, 800 105,000 90,000 c 31,600 .150, 000 8,800 75, 000 19,120 25, 000 130, 500 SUver certificates. Nationalbank notes. Total. $1,455,520 $12, 789, 923 $106, 304, 884 132,503,763 2, 647, 940 14,119.544 4,424, 600 11, '772, 829 116, 799, 903 1, 318, 470 9, 260, 764 94, 364, 494 2, 639, 560 6, 370, 449 93,267,135 1, 907,460 8, 055, 844 95, 583, 828 2, 082, 770 8, 469,162 . 82, 035, 857 2, 370, 840 12, 374, 371 86, 868, 762 l; 978, 320 . 10,233, 225 103, 204, 738 2, 074, 830 5, 542, 552 86, 077, 791 7, 762,196 1, 779, 340 81,188, 499 1, 92-2, 820 14, 661,786 95, 323, 6"2S 2, 052, 470, 8, 286, 701 86,314,955 7,188, 445 73, 628, 891 2,014,680 1, 976, 960 78, 793, 221 5,138, 655 3, 045,130 4, 321,302 57,582, 386 4, 531, 479 3, 658,168 48,240,614 5, 373,188 3, 208, 277 39, 223, 059 4, 888, 658 3, 242,708 31,957, 820 ' 5,063,456 6,885, 966 36, 525, U.S4 4, 797, 314 4, 242, 984 36,186, 891 5, 611, 914 3, 606, 364 34, Q«4, 859 5, 428, 354 5, 588, 049 37, 839, 483 6, 322, 731 8, 983, 508 46, 779, 059 47, 096, 210 6, 584,701 7, 090, 250 47,717,850 5. 758, 331 7, 2.37, 795 41, 646, 376 5, 518, 821 4, 335, 906 6, 3.;?, 789 3, 5'75,440 37,164,422 7,333,719 4,197, 224 34,106, 736 8, 57-2, 294 3, 702, 629 31, 943, 980 9,454, 419 4,242. 828 29,594,565 / ' 91 TREASURER, Wo. 5 1 . — P A R E R CURRENCY I N THE T R E A S U R Y AT THE END OF EACH M O N T H FROM J U N E , 1878—Continued. Month. 1881—January . . February. M a r c h ...". April May Juiie : July August... September October... November December 1882—January . . February. March..'.. April May June July August-.. September October... , NoA^ember # December 1883—January.. F e b r i i a i y i. M a r c h . .*.. April May June July August... September October.-NoA'^ember December 1884—January-February. March.... April; May June July August... September October... November December. 1885—Januar5'.. February. March ^ April ° May June July August... September October... November December 1886—January.. February. March Aj^ril May June July...... August... September October... November December 1887—January.. February. March.... April..... May...... June July...... August... September Legal-tender Currency notes. certificates. $19, 181, 22, 206, 21, 338, 22, 927, 26, 922, 30, 204, 29, 624, 29 320, 27 130, 26 281, 26 401, 25 992, 28 714, 29, 701, 28, 371, 28, 627, 81, 938, 34, 670, 34, 969, 35, 883, 31, 948, 29, 689, 30, 591, 28; 454, 33 592, 32 744, 29 878, 30 969 33 471 36 498 '37 632 37, 791, 37 194, 37, 113, 39, 874, 39, 644, 42, 156, 45 808, 45 904, 45, 765, 38 731 40 183, 42 727, 40, 843, 36 524, 33 942, 32 200, 36 499, 43 958, 48 926, 46 683 46 865 50 417 45 047, 48, 418, 55 658, 51, 129, 45 695, 43, 290, 41, 731, 47, 890, 47, 197, 42, 214, 37. 603, 40, 244, 41, lis, 41, 044, 46 774, 44, 224, 38 107, 36, 573, 29, 679, 33,•003, 33, 869, 28, 294, 28, 575, 30, 757, 28, 783, 28, 093, 28, 287, 24, 145, $325 240: 4o; 27i 215, 175, 210, 35, 55, 50, 70, 105, 215, 125: 265, 75, 510, 185 130: no; 10, lo: 6o: 210, 250, 55, 15 315, • 25. 90, 75. 75, 3.00, 80, 45, 90 520; 105, 2o; 195, 65, 150, 315, 85, 120, 160, 45, 380, -1, 005, 50, 315, 200: 260, 695, 695, 410, 210, 265, 260, . 38i 840, 225: 585, 250, 470, 1, 5io: 150, 20, 280, 200, 100, 250; 410, 160, 410, 3io: 350, 420, 150, - Gold o SilA'-er certificates. certificates. $50, 080 312, 080 142,900 1,400 36, 320 23,400 li 700 3,800 9,600 3,700 7,900 15,800 1,000 2,500 8,100 1,500 14, 990,170 15, 950, 270 25,105,030 25,107, 300 32, 296, 270 31, 525, 210 32,935,420 23, 869,000 22,,571, 270 ^23,383,440 28,445,200 27,480, 300 31, 252, 760 27,035, 300 27, 446, 780 23, 788, 000 30, 600,070 35,424,250 44,415, 395 39,. 686,780 27,246, 020 26,525, 830 29,703,980 33,546, 960 32,477, 750 26, 701, 060 26, 343. 730 22, 299, 350 40,426, 930 37; 689, 990 28, 625, 290 14,371, 350 13,593,410 17, 322, 320 16, 606, 230 22, 249, 240 31,115,850 34,492, 968 34,350,479 24,060,709 33, 671,010 46,797, 927 52, 396,875 51, 735, 670 55,129, 870 52, 258, 360 48, 693, 980 40, 654,320 36, 878, 458 34,469, 694 27,485, 804 18,843, 632 24,256, 230 29,757, 610 28,905, 040^ 32,101,358 30, 261, 380 18, 098, 560 23, 008, 207 29,154, 288 $9, 985, 10, 856, 10, 7:^3, 11, 522, 11 988, 12 055, 111 181, 516, 11 559, 7 488r 7 089, 6,359, 7 462, 8,549, 8,931, 8,872, 10, 509, 11, 590,12, 363, 11 700, 8 364, 7 987, 5 752, 4 405, 4 306, 5 268, 6 865, 8 887, 8 305, 15 996, 15 542, 17 276, 15 568, 14 244, 13 806, 13 180, 13 179, 13 890, 20 488, 20 876, 19 936, 23 384, 25 265, 26 903, 26 769, 30 814, 28 951, 23 302, 27 337, 29 951, 30 861, 32 141, 35 575. 38 370, 40 340, 42 712, 31 722, 31 906, 32 034, 31 164, 33 978, 34 837, 32 410, 31 141, 30 411, 27 861, 27 728, 25 571, 22 555, 17 562, 14 137, 7 338, 6 737, 5.466, -6 212, 5 007. 5 289, 3 425, 4 209, 5 996, 3,919, n National-^ bank notes. $6, 342,410 4,144, 895 4, 321, 844 5, 988, 259 7, 784,186 ' 5,296,-382 5, 532, 708 4, 273, 541 4, 551,400 4,739, 547 4,556,305 5, 677, 691 7, 377, 995 5,484, 2 H 4, 516, 077 6,180, 209 7,418,245 6, 277, 247 8,428,411 7,287,442 6, 828, 786 6,370,052 6,311, n o 6,532,021 10,488, 291 6, 761, 527 4,199,135 6,343, 015 8, 361, 571 8,217, 062 8, .343,000 6, 019, 802 6,017,710 6,428,180 7, 070,474 8, 955, 820 14,746, 745 12, 048, 941 7, 862, 366 9, 950, 326 7, 533, 779 8,809, 991 10, 529, 336 11, 614, 068 11, 078,957 10,171, 655 10, 525,634 10, 329,994 13,880, 648 9,774,141 7, 312, 940 8,120, 660 9, 806, 087 9, 945, 711 8, 081,130 7,556,108 6,196,408 5,438,241 5,775, 356 5, 347, 767 9,951,057 7,961, 334 3,392, 203 3,831, 002 4,962,150 4,034, 416 3, 792, 409 2,878, 520 • 2,104,764 3,392,746 2, 522, 033 3, 032,335 .4, 606, 322 3, 072, 561 2, 558, 485 3,480, 653 3, 927, 245 2,362,585 • 3,142,105 3,354,726 2,938,593 Total. $35 5-59, 889 37, 845, 039 36 776, 027 40, 478, 953 46 731, 521 47 854, 675 46 555, 406 45 289, 642 43 460, 862 38, 548, 916 38 no,563 38 OSO, 401 43, 632, 419 43, 856, 331 42, 034, 422 43, 806, 823 50, 133, 595 52 621, 556 56 270, 991 55 056, 713 47 271, 374 59 146, 678 58 615, 742 64 506, 446 73, 552, 478 77 281, 16472, 738, 246 79 190, 318 74, 023, 336 83, 598, 316 84, 926, 816 89 623, 588 86 335, 710 89 113, 737 87 887, 028 89, 307, 739 93, 914, 954 102 437, 743 130 199, 853 323 112, 804 105 909, 020 99 819, 493 105 114, 136 109 212, 832 108 235, 260 107 491, 547 98 498. 967 96 635, 679 107 521, 157 129 459, 773 123 552 833 . 115 802, 780 no 485, 136 307 157, 200 114 423, 427123 228, 884 111 992, 970 114 585, 946 115 803, 431 112 858, 757 116 140, 922 124 052, 296 125 655, 190 125 197, 706 127 937, 934 328 394, 053 125 293, 769 125 428 839 109 689, 155 95 760 811 87 982 •200 67 715 897 63 291, 024 68 9.14, 340 67 233, 882 66 128, 867 72 485, 143 65 142, 895 53 894, 064 61 067, 215 60 307, 934 92 REPORT ON T H E FINANCES. N o . 5 1 . — P A P E R C U R R E N C Y I N -THE T R E A S U R Y AT T H E E N D O F EACH M O N T H FROM J U N E , 1878—Continned. : Month. 1887—October November December. 1888—January February March . . . . . . May June July August September October November December 1889—January February March April May Juue July August September u October November December 1890—January February . . . . . . March AprU Mav . . . . . . . .. June July.. August September..--. October... November December 1891—January February March A p r i l . . . . . . :. May June July August September October November December 1892—January February March AprU May June July.... 0 August September . Legal-tender notes. $22, 476, 067 23,153, 220 22, 409, 425 28. 660,469 33,482, 087 33 085 623 39, 046, 614 46,158, 200 52 398 204 55, 030, 740 56, 225; 303 53, 358, 963 48, 393, 320 46, 582, 955 41.125,860 43, 361,498 45, 220, 511 39 501 231 38 350 137 43, 940, 387 46 336 085 47- 939! 366 48, 870; 935 36,445, 258 29, 813, 501 24, 959, 022 15, 673, 925 19, 236, 224 • 19,823,865 14,579.657 16, 004; 411 19,747,799 23, 634,190 23 983,412 21, 626, 81.0 13,727,790 14,744,912 13,144,864 12,199, 348 22,657,802 22. 955, 586 15. 822, 045 19 207.344 26, 927, 337 32 731 996 38 098,409 42, 922, 265 26, 995, 717 16, 378, 813 15, 293,073 14, 944, 710 22, 008, 384 34, 066, 987 34, 772, 842 33, 622,075 38 551, O'^S 38, 526, 590 38, 638. 607 34,401,147 29,560,343 Currency Gold certificertificates. cates. Silver certificates. Nationalbank notes. • Total. $170,QOO $32,858,158 $3,451,4.94 $4,157, 980 $63,113, 699 320,000 39, 974, 838 4,413, 446 3,131, 864 70, 993, 368 130, 000 31, 010, 394 ^ 6, 339, 570 4, 919, 434 64, 808, 823 280, 000 20, 668, 210 14, 930, 517 7, 782, 203 72, 321, 399 440, 000 26, 962,168 21,166,469 6, 355, 477 88,406, 201. 29, 651, 464 19, 370,425 5, 323, 787 88,081,299 650, 000 100, 000 20, 853, 500 18, 316,109 5,942,194 84, 258,417 . 470,000 33, 574, n o 20, 458, 423107, 363, 544 6, 70^, 811 250,000 22 135 780 29,104, 396 7, 054, 221 n o , 942, 601 300,000 30, 234, 688 23, 361, 286 8, 218, 834 116, 945, 548 90,000 36,591,356 15, 528, 762 ' 7, 880,157 116, 315, 668 580, 000 25, 516, 410 '9,819,875 6, 023, 307 95, 298, 555 390, 000 26,163, 492 7,404, 624 4,167, 954 86, 519, 390 150, 000 37, 441, 932 8, 834, 485 3, 381, 456 96, 370, 829 470, 000 36,127,702 3, 958, 567 4, 068, 046 85, 750,175 95,000 25,043,518 4, 717,113 5,439, 229 78, 656, 358 280, 000 24, 802,813 5, 717, 898 3,433,572 79,454, 794 510 OQO •26 586 125 4 760 236 3, 054, 267 74 411 859 3 451,830 3, 686, 890 n o , 000 20'783 433 66, 382 290 270, 000 6, 205, 089 4,703, 087 27, 350,140 82,468, 703 4 158,331 240 OQO 37 235 793 5 527 301 93 497 510 3, 632, 535 34, 669. 9^3 5, 651, 271 91,923,115 30, 000 4,590,681 460, 000 39,557,233 6,141,570 99, 620, 399 770. 000 42, 073, 803 3, 878. 052 3, 883, 721 . 87,050,834 350,000 34, 925, 823 2, 328, 373 5, 211,415 72, 629,112 610, 000 30. 668, 090 2, 419,174 4, 251, 973 62, 908, 259 570,000 31, 316,100 2, 252. 966 4, 500, 355 54, 313, 346 . 90,000 20.452, 870 3, 254.118 6,172,760 49,205,972 250, OGO 28, 222,-835 4, 063, 377 4, 339, 314 56, 699, 391 3,407, 891 990, 000 24, 614, 210 3,937,196 47, 528, 954 140, 000 3, 942, 536 48, 667, 752 24,142, 200 4, 438, 605 340, 000 4 289 295 27 -473 120 56,786 237 4, 936 023 4, 351, 787 450, OOQ 26,162. 960 4, 329, 708 58, 928. 825 4, 768. 359 59,809,149 40, OQO 27,577,120 3, 442, 258 5,063;228 65, 057, 629 410, OQQ 33, 005, 730 4, 951,861 180, OQO 16, 058. 780 1, 852, 364 4, 620, 511 36; 439, 445 20, OQO 36,482, 690 2, 443,197 3, 662. 638 57, 353,437 320, OOQ 43, 755, 570 1, 976, 525 3,416, 944 62,613, 903 10, 000 31, 381, 690 1,566,-315 3, 349, 587 48,509,940 140, OOQ 19, 892, 050 - 3,218,788 6, 320.151 .51. 628,'791 260,000 25,155, 770 3, 346, 215 4, 970, 638 56, 688, 209 530, 000 24, 050, 460 3, 757, 247 3,'415, 237 • 47,574.089 4, 055.760 54,151,721 3,309,417 270,000 27, 309, 200 5,189, 490 74, 214, 412 310,000 36, 777, 810 5, 009. 775 1,425, 000 31 608 030 7i 351,037 5, 655,174 . 78,769,237 86.406.521 5, 924, 947 34, 004, 820 8,198, 345 180, 000 6, 822, 252 94, 820, 685 6, 624, 888 730, 000 37, 721, 280 1, 990, QQO 28, 332. 490 2, 920, 072 5, 695. 080 65, 933, 359 330, OQO 20,790,420, 2, 525, 759 5, 738, 795 45, 763, 787 370, 000 19, 202,170 3,401, 308 4, 841, 754 43; 108, 305 200, 000 17, 472, 720 3,954,750 4. 651,152 41, 223, 332 90, OQO 17, 486, 810 6, 216, 336 6,028, 889 51, 920,419 90, 000 18,150,140 3, 280,157 4, 792, 427 60, 379,711 • 1, 380, 000 23, 673, 770 3, 589, 703 3, 884,496 "67,300,811 4,409,486 3, 209,108 63. 511, 847 340, GOO 21,931,380 5,071, 384 61, 998,789 3, 613, 837 14,470, 5'>0 290,000 5, 376, 893 64,490. 574 15, 363, 590 4,733,501 490,000 67.761, 366 4, 472, 481 5, 931, 778 980, OQO 17, 738, 500 6, 623, 311 68, 210, 827 23, 847, 210 2, 779; 159 560, 000 970, 000 25,345,590 2, 619,477 7,701, 652 66,197, 062 N o . 5 2 . — G O L D , SILVER,-AND P A P E R C U R R E N C Y I N T H E TREASURY, I N E X C E S S OF CERTIFICATES I N CIRCULATION, AT T H E E N D O F EACH MONTH, FROM J U N E , 1878. Month. 1878—June July . . . . . . August... - September October... November ' December. 1879—January . . February . March April Gold. $103, 562, 108,161, 117,325; 112, 602. 117, 965, 118, 282, 114,193, 116, 874, 116,886, 11.7,162, 118,809, Silver. Legal-tender "notes. $21,913,254 " 23. 335, 974 25; 044, 450 27,221, 542 28,003, 956 30,646,485 31, 762, 735 33, 965, 456 35, 289, 800 36,423, 640 37, 067,870 775,121 985, 859 533, 254 504, 340 515, 606 585, 404 392, 505 579, 531 494, 973 084, 669 539, 823 Nationalbank notes. Total. $12, 789, 923 $164,040, 821 171. 603, 016 14,119, 544 11, 772, 829 184, 676, 390 182, 589, 288 9,260,764 190. 855, 686 6. 370,449 195, 570, 088 8, 055, 844 190, 817,761 8, 469,162 12, 374. 371 193, 593,585 10, 233, 225 208,904, 277 5, 542, 552 209, 813, 027 203,179,569 7, 762,196 93 TREASURER. N o . 5 2 . — G O L D , SILVER, AND P A P E R C U R R E N C Y I N THE TREASURY, I N E X C E S S O F CERTIFICATES I N CIRCULATION, ETC.—Continued. " Month. 1879—May . June July.....-..., August , September .., October NoA^ember . . December..-, 1880—January February — March April May June . . . . . . . . . - July-. August September . . October NoA'-einber . . . December — 1881—January February — March 9 April May June July . . . . . . . . August -^-. -. September -. October November . December..1882—January February • March April May.. June . July .... August . September .. October . NoA'-einber... December . . . 1883—January February March April May June ,- July . August September .. October . . . . . NoA'ember--December . . . 1884—January February -.March April May . June July August September .. October . . . . . November... December.. 1885—January . February . . . March April^ J May '. Juiie July August / September .. October . : . . . November .. . December... Gold. $121, 300,140 119, 956, 655 120, 320, 583 128, 537, 691 154, 763, 795 157,140,114 147,247, 977 146,194,182 143, 340. 026 138, 995, 458 135, 768, 552 130, 726, 640 120, 699,197 . 118,181, 527 115, 274, 646 120, 018,179 127, 764,734 ,133, 278, 253 .143,981,139 150, 213, 716 148, 052, 809 166, 808, 853 167, 839,-263 164, 358, 555 157,893,878 157,412,141 149,163,355 164, 098. 402 169,122, 025 167,785, 609 173,025, 683 167,429,347 159, 972, 569 168,585,554 161, 290, 437 149,^997. 982 148,932,625 143,477, 370 Silver. $38, 223,150 41, 728, 838 46, 224, 621 49, 514, 910 51,754,963 52, Oil, 474 53, 700, 081 52, 717, 862 56, 065, 003 58,104,106 58, 839, 990 " 61,571,311 65,157, 331 88, no, 764 70, 319,19,3 71, 409, 074 65,809,169 57, 977, 075 51, 801, 387 43,015, 088 45, 615,577 47, 081, 029 46,032,005 49, 244,089 52,032,883 53, 991, 639 53,701,174 49, 662,135 42,447,785 37,146, 871 37,450,464 36, 846, 088 40, 710, 844 44, 689,996 . 50,383,486 53, 364,703 58, 928, 570 63, 927, 265 140, 062, 590 65, 053,405 144, 311, 881 64,147,473 147, 831, 686 59, 793,574 148,435,474 57,556, 463 144, 809, 315 55, 911, 656 131, 989,758 . 56,563,067 125. 648,194 59, 989. 352 135,107,161 63,715;414 141, 308, 204 64, 531, 775 139,439, 242 66, 029, 656 69, 632, 000 133, 718,103 72,261, 550 138, 271,198 71, 873,151 142,705, 435 71, 459, 307 149; 625, 435 151,115, .603 67, 523, 483 157, 353,.780 62, 350, 858 157, 235, 708 61, 386, 659 54,490; .163 155. 429, 600 59, 205, 565 144, 350, 736 144, 038, 203 63, 985,498 66, 996, 906 142, 259, 357 69,125, 407 139, 624, 821 69, 263, 646 • 142, 006, 908 72,790,123 133,729,954 76,-954, 854 139, 048, 061 80, 769,454 122,465,717 79,976,102 130, 514, 383 76,178, 418 134, 670,790 73,678, 676 138, 015, 071 141,688, 432 65, 547, 365 1257187,596 71, 288, 030 127, 346, 553 76, 329, 022 78, 718. 076 125, 793, 256 84, 983, 324 117,927, 395 92, 952,178 .315,810,534 99,157, 951 320, 298, 895 96,927, 700 126, 078, 595 99, 265, 403 126, 371, 928 99, 385, 022 133,113, 325 97, 476, 642 142, 338, 589 146, 391, 486 104, 369, 642 104,132,197 147, 991,808 Legal-tender notes. . Nationalbunk notes. Total. $51. 670, 442 $1.4, 661,786 $225, 855, 518 45, 036, 904 8, 288, 701 215.009,098 23,541,466 7,188,445 197, 275,115 36, 222, 606 5,138,655 217,413,862 18, 933, 254 4, 321, 302 229, 773, 314 3, 658,168 230,137, 323 17, 327, 587 220, 544,769 16,388, 454 3, 20'8, 277 214,725, 246 12,570,494 3,242,708 217, 905. 557 11, 614, 562 6, 885, 966 214,396,641 15,054, 093 4, 242, 984 213, 972, 987 15,760, 081 3, 606, 364 215,375,280 ^ ^ 5, 588. 049 • 17,489, 280 38,183, 020 213, 023, 056 8, 98-3, 508 18, 785, 559 7, 090, 250 • 212,188,100 19, 024,124 7, 237, 795 211, 855, 758 20,444, 849 216,208,008 4, 335, 906 214, 412, 956 17, 263, 613 3, 575,440 209,246:545 13, 793, 993 . 4,197, 224 210, 610, 092 11,124, 937 3, 702,629 206, 232, 450 8,761,818 4, 242, 828 210, 562,412 10, 551, 616 6,342, 410 232, 601, 378 14, 566, 601 4,144, 895 14,773,198 232, 766, 310 . 4,321,844 14,672, 086 234, 262, 989 5, 988, 259 7, 784,186 233. 773, 252 16, 062, 305 5, 296, 382 235; 254, 254 18, 554, 092 5, 532,708 227, 497,147 39,099,910 4,-273, 541 237, 904, 947 ,19, 870, 869 4,551,400 235,146, 342 19,025,132 227,678,796 18, 006, 769 4, 739, 547 ,232, 443; 530 17,411, 078 4,556, 305 226, 405, 926 16,452, 800 5, 677, 691 225,445,802 17, 384,394 7, 377,995 237,016,611 18, 256, 850 5,484, 211 233, 636,415 • 17,446,415 4, 516, 077 227,180, 718 6,180, 209 17, 637, 824 235,153,130 19, 873, 690 7, 418, 245 235,107,471 21,425, 589 6, 277; 247 236, 293, 996 22,-749,590 8,428, 411 24, 068, 941 7, 287, 442 - 239,^815, 73721,408,158 6, 828, 786 235, 862,184 6, 370, 052 232,216,185 19, 854,196 227,788,473 20,756,392 6,311, n o 213,964, 241 18, 879, 395 6,532, 021 217, 286, 074 21,162, 237, 10,486, 291 227,198,919 21,61.4,817 6, 761,527 20,413, 561 230, 452, 675 4,199,135 20,919,623 . 232,731,536 6,343,015 21, 681, 825 233,393,499 • 8, 361, 571 242,188, 649 23, 438, 839 8, 217, 082 247, 669, 232 24,747,646 8, 343,000 252, 841, 310 25,736, 766 6, 019,802 249,^981, 216 25,324,420 6,017, 710 250,700, 835 24, 568, 037 6,428,180 251,202,485 25,509,644 7,070,474 244, 039,832 25,164,249 , 8,955, 820 243, 624, 235 25, 321,189 14, 746, 745 27, 683, 632 247, 756, 274 12, 048, 941 30, 949, 852 248, 068, 281 7, 862, 366 30, 845, 833 249,546,387 ' 9, 950,326 27, 701, 841 246,508,174" • 7,533,779 27, 993,802 243, 323, 870 8, 809, 991 29, 562, 990 236, 095, 241 10, 529, 336 241,422,793 26, 573,554 11,614, 068 242,464,315^ 20, 894,c873 • 11,078,957 237,193,035 16,172,172 10,171,655 10, 525, 634 9, 625, 683 231, 845, 064 10, 329,994 11,739, 575 229, 305, 366 13,873,469 224. 229, 743 13, 880, 648 18, 726. 822 232,176,538 9, 774,141 " 20,473, 288 232,197,560 7, 312, 940 21,465, 690 232,497, 069 8,120, 660 23,492,109 242. O6O; 908 9, 806, 087 244,864,936 15, 462, 379 9, 945, 711 248, 086,422 16:998, 997 8, 081,130 257,987,095 24,793, 656 7,556,108 266,639,087 27, 944, 332 6,196, 408 272, 803,813 27, 550, 341 5, 438, 241 282,272,127 25,735; 643 5,775, 356 285,412,972 27,941,200 5,347,767 94 REPORT ON THE FINANCES. N o . 5 2 . — G O L D , S I L V E R , AND P A P E R C U R R E N C Y I N THIS TREASURY, I N E X C E S S O F C E R T I F I C A T E S I N CIRCULATION, ETC.—Continued. Month. 1880—January . . . February . . March , April". May June....... July August September . October NoA'ember-. December. 1887—January'.-. February . . March . ' . . . . April May June July . . : . . . . August.— September . October...'. November .. December.. 1888—January . . . . February . . March . . : . . April . . . : . . May , June July August September . October November.. December . . 1889—January February... "March .' Aprir May June July > August September . October ^ November.. December.. 1890—January . . . February... March April May .-.. June July . . . . . . . August September . October November.. December . . 1891—January.... February .'. Marcli April May June July August September . October NoA'^ember.. December.. 1892—January.... Februaiy . . March April .. May Juiie July August • September . Gold. $136, 086, 611 144,164,038 151, 379, 524 155,865, 308 156, 304, 709 156, 793, 749 158, 933, 005 157, 732, 288 157, 917, 211 158, 537,179 163, 930. 221 3.70, 912; 413 3 68. 475, 362 175,130, 261 181, 939, 847 180, 902, 431 186, 667, 773 186, 875, 669 186, 306. 330 193,274,194 192, 717, 947 202, 859, 832 211, 880, 526 208, 608,130 262, 955,184 212, 869,^914 218, 818, 254 213,239, 994 200, 301,129 193, 886, 247 194, 592, 280 206, 383, 036 197,713,116 191, 074, 575 199, 339,133 203, 885, 219 194, 655, 264 196, 245, 981 197,874,422 191; 589,132 192, 252, 715 186. 711, 561 182; 218,164 180, 654, 670 189,196,423 187, 572, 386 187, 496, 672 190, 833, 052 177, 388, 285 187,988, 948 185, 287, 716 186, 235, 573 190, 544, 854 190, 232,404 384,092,074 185, 837, 581 147, 981, 732 156, 315, 624 162,439, 381 ^ 148.972,935 141, 728, 097 149,712, 824 148,118,150 141, 742, 241 133, 207,164 137,667,723 121,113, 024 132, 471, 409 132. 523, 222 127, 674,423 129,193, 224 130, 740, 631 119, 574, 904 122,122,113 - .125,815,040 119, 909, 756 114, 231, 883 114, 342, 366 n o , 444, 392 114,156, 317 119, 395, 510 SUver. $111, 994, 553 114, 839, 096 115, 672, 306 116, 616, 366 119, 927, 955 125, 134,221 126, 330, 574 123, 973, 629 116, 533,620 112, 732, 715 109, 291,571 101, 659, 880 106, 848,633 108, 164, 660 104, 982, 949 105, 073, 830 106, 843, 611 107, 260, 882 106, 332,529 103, 662, 219 95, 679,098 89, 612, 742 82, 722,828 76, 351,511 79, 836, 846 79,-155, 43.9 76, 102, 085 77, 417,133 79, 178,478 80, 163, 607 218,602 7.9,920, 399 74, 614, 462 65, 844,170 54, 095, 975 49, 707, 565 42, 530,165 • 49, 363, 612 52, 745.170 51, 118,189 52, 363, 569 55, 715, 663 •57, 698,430 57, 112, 833 50, 515, 504 41,,875, 648 39, 763, 278 41, 243, 43.3" 38. 961, 857 45, 47, 314, 840 44, 955, 052 45, 928, 042 47, 189,821 49, 504, 543 49. 988,781 43; 682, 332 33, 154, 327 29, 670,449 27, 210,815. 27, 341,663 35, 350,159 37, 091, 690 34, 315, 060 32, 092, 709 36, 021, 715 41, 769, 409 42, 137, 506 30, 569, 667 22, 893,709 20, 249, 056 19, 065, 079 18, 831, 672 22, 397,291 18, 732,112 19, 245,653 18, 495, 401 18, 747, 358 19, 490, 242 . 19,114, 538 16, 731. 391 15, 391, 621 Legal-tender notes. $33, 300, 389 32, 277, 292 30, 289,485 26, 088, 774 26, 289, 098 22, 868,317 21, 939,142 35, 579, 647 36,519, 081 30, 967, 305 •'29,548,188 23.169, 326 24, 283, 682 '25, 689, 202 21,159, 938 20, 225, 474 21, 767, 376 . 20, 013, 797 19, 633, 740 21,157, 539 17,610, 212 15, 261, 067 16, 318, 220 15, 424,425 18, 015, 469 22, 267, 087 24.170, 623 28, 491, 614 33, 928, 200 37,983, 204 39, 825, 740 41, 580, 393 40, 628, 963 36, 813, 320 35, 202,956 30,875,860 29,446,498 29, 300, 511 25,051, 231 23, 770,137 27, 790, 387 29, 601, 085 30, 364, 366 32, 325, 935 21,170, 258 17,303, 501 14;819, 022 6, 673, 925 7, 606, 224 9, 593, 865 6, 919, 657 7, 209,411 9, 892, 799 11, 804,190 12,163,412 12, 806, 810 6,737, 790 7, 834, 912 6. 874, 864 5, 389, 348 10, 697, 802 10, 685, 586 4, 677, 045 5; 207, 344 9,177, 337 11, 366, 996 10, 833, 409 14, 467, 265 9,150, 717 5,633,833 5, 528, 073 5, 679, 710 .5, 338, 384 4,716,987 4, 932, 842 3, ^12, 075 4, 821, 028 8, 696, 590 11, 9.18, 607 12,191,147 12, 270, 343 Nationalbank notes". Total. $9, 951, 057 $291, 332, 610 7,961, 334 299, 241, 760 3, 392, 203 300, 733, 518 3, 831, 002 302, 401, 450 4, 962,150 307, 483, 912 4, 034,416 308, 830, 703 3,792,409 310, 995,130 2, 878, 520 320,164,084 2,104, 764 313, 074, 676 3,192, 746 305,429,945 305, 292, 013 2, 522, 033 298, 753, 954 3, 012, 335 304, 213, 999 4, 606, 322 332, 056, 684 3, 072, 561 2,558, 485 310, 641, 219 3,480. 653 309, 682, 388 3, 927, 245 319, 206, 005 316, 512, 933 2, 362, 585 315, 414, 704 3,142,105 321,448, 678 3, 354, 726 308, 945, 850 2, 938, 593 311, 891, 621 4.157, 980 314, 053, 438 3,131,864 305,303,500 4, 919, 434 308,589,702 7, 782, 203 6, 355, 477 - 320,647,897 5,323,787 324,414, 749 5,942,194 ,325, 090, 935 320, no, 618 6, 702, 811 319, 067, 279 7, 054, 221 321, 855,456 8, 218, 834 330, 763,985 7, 880,157 309-, 979,848 6, 023, 307 286,900, 019 4,167, 954 287, 019, 520 3, 381,456 281, 536, 690 4, 068, 046 279,071,156 5,439, 229 281,343,676 3, 433,572 277, 725, 090 3, 054, 267 271,164, 328 3, 686, 890 280,109, 758 , 4,703,087 278,186, 640 4.158, 331 2-73, 913, 495 3. 632, 535 267, 684,099 4, 590, 661 255, 765, 906 3, 883, 721 249, 962, 950 5,213.415 4,25i;973 248, 330, 945 4,500,355 240, 250, 765 6,172, 760 237,127,126 249, 236, 967 4, 339, 314 241, 099, 621 3,937,196 243,315, 562 3, 942, 536 251, 916, 769 4, 289, 295 255, 892,904 4, 351,767 251, 010, 626 4, 766, 359 247, 389, 951 5, 063, 228 192,494, 360 4, 620, 511 197,483, 623 3, 662, 638 199, 942, 004 3,416, 944 185,053, 533 3, 349, 587 194, 096, 209 6,320,151 202,460, 738 4; 970. 638 190,525,492 3, 415; 237 183,098,054 4,055, 760 5,189, 490 183, 595,706 176, 459, 302 5, 655,174 180, 008,886 5, 924,947 184, 330, 593 6, 822, 252 170. 262, 728 5, 695, 080 159, 276,087 5, 738, 795 1.58, 628,130 4,-841,754 159,903; 165 4, 653,152 153,339,468 6, 028, 889 150,363, 639 4, 792,427 153, 878,031 3, 884,496 146,226.718 4,409, 486 142, 871, 653 5,071,384 147, 906, 091 5, 376. 893 147,409,315 5, 931; 778 149. 702,166 6, 623, 331 7, 701, 652 • 154; 759,126 95 TREASURER. • N o . 5 3 . — E S T I M A T E D STOCK OF GOLD AND S I L V E R C O I N AND BuLLioisr AND OF U N I T E D STATES AND NATIONAL-BANK N O T E S AT T H E END OF EACH M O N T H , FROM " J U N E , 1878. . ' . Month. 1878—June July August September-..^.October NoA'-einber "December : 1879—January---February-....... March A.pril M:ay. Julie. July August Sep'tember . . . . . . October November December 1880—January February March .'....:. .. ^ April May Julie July August September . . . . . October ..:. November - December...... - 1881—January February . . . — March April May Juno July August September O c t o b e r . .* November D e c e m b e r ... 1882—January February March April -^ . . May -June July August September October November December 1883—January February March April : May......: June J u l y -•-Augnst September October : NoA'ember December ,.. 1881-^ J a n u a r y February March....: , April : May June .. July August .: September October NoA'-eraber .. December 1885—January February Gold. $213, 215, 218, 221, 226, 228, 231, 234, 236, 239, 241, 244, 245, 248, 256, 286, 307, 327, 336, 339, 342, 344, 346, 349, 351, 354, 365, 387, 405, 417, 436, 443, 446, 455, 473, 476, 478, 4"81, 488, 501, 511, 518, 521, 525, 520, 520, 520, • 509, 506, 504, 505, 509, 515, 520, 524, 528, 530, 535, 538; 540, 542, 544, 548, 552, 558, 563, 566, 568, 566, 557, 541, 541, 545, 549, 554, 557, • 562, 572, 576, 578, 581, Silver dollars and buUion. $15,914, 971 18,086, 280 22,430, 739 25, 846, 534 26, 634, 542 30, 598, 041 31,935; on 34,903, 36, 525, 839 37, 463, 153 38,104 211 39,158, 996 40, 893, 606 42, 563, 566 45,142, 224 47,191, 682 48,743, 804 52, 028, 424 54, 548, 298 57, 393, 071 59,331, 686 61, 243, 356 64, 463, 090 66, 576, 581 68, 859, 838 72, 096, 286 74, 648. 398 76,126, 008 510 .78, 891, 117 81,403, 340 83, 636, 229 86,457, 202 87, 416, 313 88,3-77, 275 90, 523, 088 92, 416, 698 94, 682, 654 96, 584, 983 98,655, 568 100,954, 890 104,097, 280 1O6„061, 415 108, 988, 810 110, 939, 906 112, 787, 323 116,722, 342 117, 820, 713 120, 637, 344 122, 375, 688 124,121, 0.50 126,460, 496 129, 373,' 445 132,342, 383 134, 399. 100 137,423, 273 139,167, 038 141,779, 194 144,149, 166 146, 034, 449 149,062, 917 151, 738, 115 154,167, 537 156, 715, 458 159, 478, 810 161, 657, 314 163, 695, 228 165, 959, 492 168,449, 552 171,0.45, 032 173,469, 454 175,'876, 472 177, 658, 787 179, 411, 327 182, 284, 439 184, 7.54, 249 187, 315, 234 189, 377, 326 191,9.59, 678 194, 278, 049 196, 560, 776 198, 238, 324 Fractional s i l v e r Coin. $71 778, 72 151, 72 524, 72 896, 73 269, 73 641, 74 014, 74 387, 74 759, 75 132, 75 504, 75 877, 76 249, 76 467, 76 685, 78 903, 77 120, 77 338, 77 556, 77 773, 77 991, 78 209, 78 420, 78 644, 78 862, 78 984, 79 086, 79 168, 79 270, 79 372,79 474, 79 5'76, 79 678, 79 780, 79 882, '79 984, 80 087, 80 115, 80 143, 80 172, 80 200, 80 229, 80 257, 80 286, 80 314, 80 343, 80 371, 80 400, 80 428, 80 472, 80 517, 80 561, 80 605, 80 650, 80 694, 80 738, 80 783, 80 827, 80 871, 80 915, 80 960, 80 485, 80 010, 79 535, 79 060, 78 585, 78 no, 77 636, 77 161, 76 686, 76 211, 75 736, 75 261, 75 234, 75 207, 75 181, 75 154, 75 127, 75 100, 75 073, 75 047, Notes. 667 687: 668: 669; 670, 67i: 672^: 675: 675; 675, 675: 676, 680, 683, 686; 688, 689: 689: 690; 691, 69i: 690, 690: 690: 690: 690: 689; 690, 690; 689, 693: 698: 700, 701 703: "704, 705, 706: 708; 708, 708, 70' 707 707, 705, 704, 704, 706, 708, 708, 708, 708, '707, 707, ,705, 705, 704, 702, 701, 700, 699, 698, 696, 696, 695, 692, 690, 688, 686, 685, 683, 682, 681, 679, 677, 67! 672, 670, Total. $970 494, 974 732, 851 981 463, 619 987 486, 229 993 749, 180 ,001 578, 435 ,007 084, 483 ,013 580, 330 ., 019848, 972 L, 024 953, 444 , 030687, 351 L, 034807, 937 , 038528, 477 L,043 015, 247 ,055 417, 844 , 091082, 138 .,117 091, 342 ,143 239, 191 , 157 177, 705 ,164 560, 561 L,169 499, 604 ,,174 477, 679 ,180 997, 284 ,185 899, 958 ,190 134, 679 L,195 978, 545 ,209 994, 371 ,232 562, 252 , 253878 200 L, 288 176, 119 ,289 785, 832 ,299 908, 083 ., 303.098, 148 ., 317413, 282 , ,342 348, 917 , 349035,102 , 354 552, 384 ,361 624, 781 ., 371716, 047 ,387 719, 038 L,402 672, 797 ,411 481, 120 ,419 611,•882 ,424 853, 555 L,421 388, 750 L,424 990, 002 ., 425980, 877 L,416 609, 355 L,413 795, 563 ,41.3 901, 350 ,419 419, 817 ., 428192, 015 L,436 945, 487 L,443 634, 507 ,, 451352, 281 ., 456330, 810 ,460 132, 578 ,466 762, 202 ,470 794, 639 ,474 561, 379 :, 478183, 702 ,481 260, 340 ,485 723, 059 ,490 621, 296 ,497 005, 722 .,.503 053, 287 ,506 808, 958 ,509 678, 837 ,507 666, 315 ,498 297, 085 ,482 124, 745 .,481 .900. 426 ,485 547, 280 ,490 972, 192 ,497 146, 353 ,502 074, 695 ,506 414,'550 ,516 -574, 049 1,520 570, 571 .;523 194, 531 L,524 765, 489 96 Noo REPORT ON THE FINANCES. 5 S . — E S T I M A T E D STOCK OF GOLD AND S I L V E R COIN AND BULLION AND O F U N I T E D STATES AND N A T I O N A L - B A N K N O T E S , ETC.—Continued. Month. Gold. 1885—Miirch April May....:... June July August September . ' October NoA-ember.December . . 1886—January Februaiy... March • . April May.. June July .August September.. October November . December.. 1887—January February ... March .. AprU May.... Juue July , August September-October — November..^ December... 1888—January February.-. March April -. May June July ....... August September-. October SToA'-ember.., December.. 1889—January.... February... March April May June July August S e p t e m b e r ., October November.., December . . 1890—January--.. February , March. AprU ....... May:....... June ... •July ° August September . October November.. December . . 1891—January February... March April May June " July August S e p t e m b e r ., October $581,168, 585, 874, 587,12-7: 588, 697: 589, 979, 592, 378, 597, 236, 600,445, 607,126, 612, 980, 614.128, 611.484, 604! 428, 601, 990, 596, 590, 592, 6oo: 607: 615, 626, 640, 645, 646, 649: 650, 655, 654, 658, 683; 681 695; 699, 704, 706, 707, 708: 711 706, 705, 705, 707, 709, 711, 709, 704, 705, 705, 704, 705, 698, 680, 675, 679, 681 684, 685, 689, 690, 692, 693, 695, 696, 695, 691, 689, 693: 694 698, 704 707, 705, 700, 689, 661, 646; 644 647, 653 670, Silver dollaid a n d b u l Hon. Fractional silver coin. 584, 888 2(^3. 149, 581 205, 607,375 207 923, 287 209, 729, 218 21'J 025,-577 214, 675, 554 217 009, 967 219; 343, 387 222 058,802 224, 212. 544 225, 758. 729 228; 230; 865 230, 990, 643 233, 107, 883 236, 815,484 23 •429, 356 241, 842, 226 245, 030, 680 247: 887, 335 250. 994, 769 254: 363, 024 257: 380, 688 280: 153.830 267, 113, 479 271, 658,388 274: 343, 856 277, 907,552 279, 718, 791 282; 427,741 285, 390,066 288, 499,189 290, 975, 812 293, 102, 223 296, 064, 903 298: 850, 510 301 380,785 303, 977, 232 306, 310, 394.831 311 044,544 314, 774, 844. 317, 293,994 320, 188, 723 323, 230, 004 326, 185, 473 328, 051, 427 33i: 792, 867 334, 709, 448 337, 578,184 340, 729, 597 344, 480, 401 346, 026, 341 348, 462, 933 351, 845, 790 354, 644,478 357, 346,172360, 120, 871 364 531,079 367, 093, 761 370. 104, 953 372, 593,705 375, 856, 893 380, 291, 520 383, 051, 916 387, 385, 071 392, 410, 958 397, 113,280 403, 983, 781 408, 227, 885 412, 280, 959 $75, 020, 247 74, 74 74. 74: 74, 74, 74, 74 75, 417, 843, 984 423, 272, 537 4.27 475, 710 432, 881, 761 437; 045, 269 443, 388;320 447, 218, 392 452, 961,998 457, 508,881 056, 049 ' 75, 75, 75; 75, 75, 75, 75, 75 75 75, 75; 75, 75, 75 75, 75, 75, -75 75; 75, 75, • 75, 75, 76, 76, 76, 76, 76, 76, 76, 76, 76: 76, 76, 76, 76. 76, 76, 76, '76, 76, 76, 76, • 76, 76, 76, 76, 76, 76: 76: 76, 76. 76. 76, 76. ^ 76, 76: 77, 77, 77. 77, • 77, 77, 77, 77, 77, 77, ' 76, 76, 77, Notes. Total. $667, 578, 411 $1, 527,351,904 668, 096, 820 1, 530,114,604 663. 670, 282 1, 531,371,661 663, 538,097 1,535, 098, 220 1, 536,7.18, 723 682, 059,857 1, 541,476. 487 662,112,723 1,549, 911, 376 663,029,138 1,554, 485,393 661, 960,103 683,429, 883 , 1,564,890, 420 663,193, 310 1, 573,231, 456 663, 681,178 1, 577,033.173 683, 682, 268 1, 575,946, 471 661, 831,4051, 589.521,269 659, 942, 890 1, 567,964, 975 657, 849,181 1. 562,875,986 655,391,907 1,557, 842, 789 652, 919, 554 1, 580,143, 241 650, 930, 631 1, 567,947,173 649,780,828 1, 577,233, 265 647, 990, 306 1,585, 991, 574 645, 825, 292 1, 598.441,548 643, 253, 088 1, 613,140, 252 639,463, 743 1, 617,827, 696 635,545, 813 1. 617,701, 317 633, 631, 727 1, 625,087, 854 631,474, 327 1,629, 054, 732 628, 663,423 1, 633,990, 569 625,598,089 1, 633,573,775 622, 969, 328 1, 636,973,762 620, 809,845 1,642, 140,; 149 619,402,546 1, 661,99i, 057 618, 596, 274 1, 677,984,024 616, 371,394 1, 682,367,836 615, 044, 870 vl, 685,146, 309 265, 599 612, 383, 649 1, 691, 609, 3.33, 609 1, 692,160,262 911, 059 606, 678, 220 1, 692, 754, 040 605,107, 517 1, 696, 208, 748 602, 262, 289 1, 691, 154, 732 598,884, 957 1,691 578, 633 596,134,751 1, 689, 385, 607 1, 691, • 593, 028, 043 039,582 1, 694, 590,210,018 534, 768 1, 694, 585,939, 233903, 682 1, 692. 583, 007, 888 784,797 1, 687, 580, 235, 208 163, 644 1, 687, 575, 722, 840 253,429 1, 685, 570, 929, 601 689, 256 1, 683, 567,709,637 125, 972 1, 685, 565,187, 489 294, 229 1, 677, 561, 967, 753 570, 381 1, 658, 557, 878, 699 229, 672 1, 653, 554,674, 705 776,339 1, 657, 552, 444,387 508. 976 1, 660, 550, 248, 818 776, 480 1, 663. 548. 606, 841 625,020 546, 227, 653 . 1, 665,521,674 543. 768, 401 1, 670,911,410 543,128, 235 1, 672,596. 269 538,681, 469 1, 674,109,1.42 536, 955, 618 1, 678,785, 655 535,945, 916 1, 680,732, 095 534, 042, 539 1,682, 869,856 532,429, 606 1, 684,589. 228 530,934, 884 1,682, 307,179 529, 815, 769 1,683, 298,960 528, 283, 931 1, 690,336, 031 526, 201, 449 1,698, 439, 242 525,010,027 1, 704,789, 801 523, 769,187 1,713, 534,270 , 521, 984, 565 1,719, 659, 707 520,104, 040 1,720, 335, 955 518, 216, 080 l,-720,223,157 516,908, 662 1,712, 487,595 515, 531, 855 1, 687,078,102 514,258,230 1, 676,656, 378 514,847,955 1, 679,262, 536 517,815,325 1, 690,794,204 518, 466,162 1, 700,768,245 518, 865,574 1, 723, 97 TREASURER. No. 5 3 . — E S T I . M A T E D STO®K O F GOLD AND S I L V E R C O I N AND B U L L I O N U N I T E D STATES AND NATIONAL-BANK N O T E S , ETC.—Continued. Gold. Month. 1891—November December 1892—January... Februaiy. March . April May June July August . . , September, No. Silver dollars Fractional and bullion. silver coin. Notes. AKD O F Total. $677, 774, 595 ^$461, 205, 960 $77,235,022 $519, 674, 623 $1, 735,890, 200 • 465,513,208 76, 586,155 • 519, 759, 601 1, 748,684, 894 686.845,930 76, 910, 813 519, 886, 512 1,757,1.94, 597 690; 586, 886 469, 810, 386 473, 588,197 .77, 096, 549 519, 302, 891 1, 759,922, ,530 689,936,893 77, 294, 571 519, 210, 467 1,762, 519, 551 687, 758, 687 478, 255, 826 77, 433, 950 519,157, 591 1, 759.798, 963 681, 239, 405 481, 968, 017 6S0, 438, 749 486, 088, 936. " 77,195, 831 519,180, 365 1,782, 881,881 . 76, 611, 232 519, 364, 866 1, 750,979, 430 664, 345, 446 490,657,886 77, 500, 000 519, 208, 729 1, 749,358,-638 657, 753, 580 494, 896, 329 77,472, 912 519, 337, 445 1, 748,958, 749 653, 698,106 •498.450,286 77,467,707 652,130, 237 50i; 743, 389 519,467, 776 1,750, 809,109 5 4 . — E S T I M A T E D AMOUNT O F GOLD AND S I L V E R I N CIRCULATION AT THE E N D OF EACH M O N T H F R O M J U N E , 1878. Month. 1878—June July , August September . . October November . . December . . . 1879—O'aiiu ary February . . . March . . : . . . April May Juiie July August September . . October November... December . . . 1880—Ja,nuary Fubruarj'^... March . . April May June July August September . . October NoA'^ember . . December... 1881—January . . . . Februaiy . . . March' - April May ' June July August' September . . October November . . Deceiaber.. 1882—January . . . . February . . . March . . . . - April....... May Juiio July-...:... August September . . October...:. , November . . Decern ber..1883—January.... February... PI 9 2 Gold coin. 739, 774 ~ 83,834,117 "83,638,274 85, 284,111 85, 171,213 86, 225,072 96, 262, 851 100, 442, 571 103, 581,189 106, 167, 494 107, 433,441 107, 733, 920 110, 505, 362 112, 540, 956 115, 299,697 117, 049, 732 138, 446. 818 167, 253,930 178. 749, 927 185, 834, 586 195, 503,715 200, 384, 423 2u8, 103, 774 220. 609,800 225, 895, 779 231, 328,438 238, 261, 720 251, 893, 683 264,«93C, 185 268, 059, 685 279, 458, 994 288, 797, 802 273, 041,291 281, 851,803 302, 895,032 312, 577.342 315, 312, 877 326. 418, 554 319, 290. 055 327, 143, 707 338, 840, 772 338, 7-74, 376 349, 209,301 359, 912, 800 348, 752; 147 353, 870, 390 365, 674, 497 355, 880, 276 358, 251, 325 359, 573, 222 358, 622, 754 358, 580. 276 355, 73i; 189 355, 045,167 B53, 188.194 355, 115, 324 352, 803,580 Silver dollars Fractional silver coin. Total. $855,143 $64, 918, 322 $150,513, 239 870, 264 65,071, 757149,776,138 66, 045, 378 2,155, 651 151, 839, 303 66, 752, 713 4, 057, 295 156, 074,119 4, 884, 929 66, 946, 081 157. 002, 223 5, 595, 331 67, 631, 975 159, 452, 378 5,790,721 67, 982, 601 170,, 036,173 6,'681, 293 68, 243, 553 175,367,417 7,181,983 68, 481,108 179, 244, 260 7, 216, 056 68,704, 010 182,087,560 • 7,461, 387 183,777, 680 68, 882, 852 7, 304, 905 184,102. 624 69, 063, 799 185, 505, 595 7, 653, 649 67, 346, 584 184, 576,064 8, 299,199 •63,735,909 186,307,9249, 559, 586 61,448, 641 188, 212, 708 60, 088, 746 11, 074, 230 208, 695.143 59, 364, 759 12, 883, 566 241. 025; 881 58, 905, 958 14,865,993. 254, 312, o n 58, 674, 498 16, 887, 586 260, 947, 632 57, 569. 007 37,544,039 270,149, 868 56, 812, m 37,833,957 274, 979, 715 56, 219, 384 18, 375, 908 55, 659, 216 . 282,807,567 19, 044, 577 18, 945, 080 • 55, 067, 488. 294,622, 348 19, 309, 435 • 5i, 511, 788 299, 517, 002 53. 988, 622 19, 821, 959 305,139, 01.9. 20, 772, 687 1 53, 913,429 312; 947, 836 54, 368, 542 22, 914, 075 329,176, 300 54. 841, 043 25, 763, 291 345; 334, 519 54; 719, 009 27, 750, 297 348, 529, 051 54, 705, 608 363,427,1)89 29, 282, 487 54, 085, 816 372, 401, 521 29, 517, 903 53, 865, 739 356, 027, 575 29.120, 545 53,496, 971 364, 532,121 29,183, 347 53,389.316 384, 899, 027 28, 6.14, 679 53,143; 038 394,161,612 28, 441, 232 52,839,364 396.980,224 28,827, 983 408, 614, 990 52, 820, 033 29, 378, 403 402,365,589 53,101,173 29, 974, 361 413, 233. 071 53, 859; 326 32, 230, 038 427,153,311 5'4;218,212 34, 098, 327 -428,040,737 54, 3117108 34, 955, 253 439, 294, 523 54, 294,179 35, 791, 043 44.8, 890, 603 53,718,407 35,259,396 53,444, 834 -435, 039,204 34,842, 223 441,129, 006 53,3.55, 519 34,103, 097 451,593, 597 52, 932, 476 ^32, 986, 624 52, 644,197 • 440.762,110 32, 237, 637 52, 379, 949 • 442, 622, 238 31, 990, 964 52, 318, 934 444, 358, 037 32, 463, 881 441, 713, 097 52, 526, 812 32, 563, 531 443, 516, 877 53,135, 370 33, 801, 231 53, 856, 388 ° 445,502,480 35, 914,903 54,105,586 37, 689, 298 447, 740, 051 54,172, 748 38, 938, 238 448,277,180 53, 603, 505 37, 874, 111 446, 592, 940 53,275, 784 443, 623, 000 37,543, 636 98 REPORT ON THE FINANCES. N o . 54.—ESTIMATED Month. 1883—March , April..., May Julie 'July. August September.. October...... November . . December... 1884—January February . . . March April May June July August Sc])tember . . .^October. 'November . . December... 1885—January February... March April May Juue July August September.. October NoA^ember.. .December . . 1886-—January . . . . February... March April May.., June . . . . . . . July....:.., August September., October...,. NoA^ember.. Deceinber . . 1887—January February... March...... April May June , July........ August September.. October NoA'^ember.. December . 1888—January... February.. March April May June July August September. October — November . December.. 1889—January . . . February.. March April May Juue July.i..:.. August September. October.:.. AMOUNT OF G O L D A N D S I L V E R IN CIRCULATION, ETC.—Cont/d. Gold coin. Silver doUars, $351,159, 933 350, 823, 098 347.134,163 344; 653, 495 342, 038, 527 344,238,232 346, 087, 206348, 648, 323 347, 657, 000 347, 093,445 346,418,091 345,112, 575 346, 353, 382 344,813, 781 340, 673, 301 340, 624, 203 339,187,112 339, 887, 557 339, 949, 383 339, 857, 784 340, 636, 028 341,142, 648 341,660,991 341,133,1.30 342,727,562 342, 712, 570 342, 783, 851 341, 668, 411 "340, 612.139 342,120,782 345, 985,469 349, 085, 781 355,181, 306 359, 629, .547 362,757, .n7 361, 683, 821 362, 273.174 361, 410; 158 360, 443, 324 357,936, 337 359,074, 385 364,867, 789 364, 720. 340 368,190, 898 372, 072. 259 372, 290, 260 371, 729. 449 371. 792, 211 373, 208. 462 375, 241, 850 377,794,496 376,419, 229 377,350, 294 381. 550, 256 391, 090, 890 392, 585, 770 398, 450, 215 399. 361,143 "398, 661, 926 398, 280, 517 397:745,983 398, 508.122 396. 379, 632 302, 065. 238 378, 606. 804 370.347, 905 377,329,864 380, 016, 817 381-, 391,087 379, 834, 512 380,116, 385 379,497, 910 378, 072. 380 . 377,407,308 378, 982, 858 37(5, 559,185 374, 798, 435 375,811, 209 375, 947, 715 375, 685, 071 Fractional silver coin. Total. $36, 723. 394 $52,901, 376 $4-40, 844, 703 36,189, 351 439,815,500 52, 803, 051 36,006,722 435,753. 879 52, 612, 794 35,34.1,880 . 52,474,209 432, 489; 674 36, 623, 847 431, 089, 634 52,427, 280 434,127, 726.. 37, 700,702 52,1.90, 792 438,636,179 ' 39,783, 527 52,785,446 441, 681,107 40, 684,499 52, 348, 285 51, 616,197 ' 440, 575,180 41, 301, 983 50,886, 788 41, 975, 734 439,955,967 40.300, 371 436, 340,063 49, 621, 601 433, 085, 506 - 39, 302,720 48, 670, 211 433, 592, 575 39,419,528 47,819,66540, 411, 564 432, 278,188 47, 052, 843 40,408, 876 427,44-1,396 46, 359, 219 426, 079, 924 39, 794,913 45, 660, 808 424,593,0.55 39,988, 710 45, 437, 233 ' 39,415,107 424, 851, 571 45, 548, 907 40, 322, 042 45, 706,940 425, 978, 345 41,^804,104 45, 807,535 427, 289, 423 42,435,754 45, 984, 200 429, 055,982 43,059,129 45, 906, 318 430,108,095 45,172,760 428,148,-791 41, 315, 040 44, 802. 220 426, 621, 537 . 40, 686,187 44,387, 921 427,114, 395 39, 998, 912 426,428, 319 39, 666, 360 44, 049, 389 425, 300,491 39, 264, 376 43, 272, 264 423, 842, 601 - 38,471, 269 43,702,921 429,491, 466 39, 284, 433 49,594, 894 433.761, 64.8 41,405,166 50, 235, 720 442; 589, 385 45, 275, 710 51, 328. 206 450. 542, 527 49,442.-089 52, 014; 657 452,442,696 50,191,413 47,069, 977 52,541,571 459, 375, 066 47,203. 948 51,470, 376 460, 224, 271 45, 996, 478 51,339,855 459,233, 203 46, 209, 527 459, 739. 970 51, 258,776 46, 208, 020 460,092, Q45 52,505, 619 46,176,268 459, 489, 967 52, 908, 076 46,138,567 456, 562, 312 52,469. 720 46,156, 255 459,677, 546 54,119, 362 46,483,799 47,118, 920 ' 468. 59Q, 518 56, 803, 829 48,183, 654 •472; 922, 687 60,018,693 48,790,551 478,129,604 61,148,155 4.83, 354, 014 61, 991,448 49, 290, 307 482, 852, 596 61,117,409 49,444. 927 479,059,137 58,539,864 48,789, 824 477, 771, 463 57, 340, 887 48, 638. 385 478, 536, 827 56,801,655 48, 526, 710 479, 429, 229 55,735,205 48,452,174" 481,711,457 55,421,460 48, 495, 501 480, 495, 681 48, 570, 305 55, 506,147 482, 209, 346 48, 947, 826 55,911, 226 487, 752,167. 49,164, 242 57,037, 669 501,851,957 50,414, 706 60, 346, 361 51, 290, 051 506, 516, 446 62, 640, 625 51,751,132 512,463,061 64, 281, 714 51, 968, 357 515,552,318 64, 222, 818 511 914,896 61,926, 977 51, 325, 993 509, 850, 748 60, 597, 864 50, 972, 367 59, 318,515 50, 767. 608 . -. 507, 832,100 57, 883, 396 507, 001,172 50,549,654 503, 299,717 50,470, 265 56, 449, 820 497, 985,176 50, 354, 635 55, 545,303 50,476, 380 483, 993.209 54, 910,025 482, 644, 789 55, 461, 388 50. 835"; 476 487,102,195 57, 751. 356 52; 020. 975 492, 279, 979 59:691, 450 52, 571,712 494, 780, 669 00,475,385 52, 914,197 • 60,779,321 53, 234,525. 493,848, 358 490, 931, 345 58, 374, 881 52,440,119 488,874,565 57, 431, 904 51,944,751 486,269, 831 56, 490, 339 51, 707,112 484, 677,190 55,647,772 51, 622, n o 483.127, 720 54, 704, 317 51,480,545 482, 389, 255 54, 337, 987 51,472,103 480, 539, 839 54, 220, 255 51,521,149 482, 590, 304 54, 918, 786 51,880, 309 486, 253,167 57,374,100 52, 931, 352 489,464,432: 59,888,480 53,890, 881 . TREASURER. 99 N o . 5 4 . — E S T I M A T E D A M O U N T O F GOLD AND S I L V E R I N CIRCULATION, ETC.—Cont^d. Month. 1889—November December. 1890^January . February. March April May June - July August— September October..November December. 1891—January . . February . March • April May June July...... August... . September October... N ovember December. 1892—January . . February. March. April..... May June July August... September No. Gold coin. Silver dollars, $374,769,489 375, 705, 922 374, 937, 316 373, 507, 203 373, 624, 487 374,310,921 375, 24.6, 356 373, 950, 606 375,114,196 379,053,187 386, 939, 723 400.378; 130 405.105. 897 411, 080, 597 409, 4.41. 335 408, 752, 874 408, 488, 850 408,882,781 408, 661, 860 408, 064, 730 407, 630, 012 406, 745, 335 408, 333, 304 408, 770, 387 405, 931, 402 407,999,180 407, 833, 022 407,813, 501 , 407, 6M, 418 407, 615, 9-49 408, 911, 657 408, 787, 740 410,447, 360 411,154, 411 411, 524, 329 F r a c t i o n alsUver coin. Total. $60, 696, 637 $54, 393,786 $489, 859,912 61, 266,501 54,769,4Q3 491, 741,826 • 59, 306, 637 54, 202,140 488,446,093 53, 950, 362 58, 372, 380 485,829, 945 53, 984, 972 57, 84.7, 656 485,457,115 53, 804, 039" 485,109, 937 56, 994, 977 56,348,174 53, 915,869 ^ 485,510, 399 56, .142, 556 54, 020, 079 484,113,241 54, 284, 363^ 486, 379, 827 56, 981, 268 54, 948, 886 58,-506, 674 492, 508, 747 56,311,84662,132, 454 505, 384, 023 65, 709, 564 57, 641, 658 523,729, 352 67, 248, 357 58,272, 967 530,627,221 . 67, 547, 023 537, 278,774 58, 651,1.54 64,818,949 531, 983,913 57,723, 629 63, 560, 553 529, 659, 065 57, 345, 638 528,643, 862 57, 254; 002 62, 921, 010 61, 692, 818 57, 368, 506 527, 924,105 59,868,710 57,853,226 524, 383,796 58,192, 005 523, 939,776 57, 683, 041 523, 557, 355 58,163, 879 •57,763,484 523, 858, 700 58, 554, 668 58, 553, 697 528,191,925 80,194,175 59, 664. 446 531, 010, 964 62,135, 461 62,105,136 531, 474, 043 02, 697, 204 62, 845, 437 533,102, 201 62, 776, 830 62, 326,1.91 530,465, 623 62, 415, 971 60, 216, 630 529, 386,738 62, 308, 717 59, 264, 520 62, 547, 654 58, 471, 743 528, 633, 815 62, 833, 523 57, 554, 457 528, 003, 929 62, 736. 334 57, 096, 925 528, 744, 916 527, 953,742 56, 799,484 62, 388; 518 530,826,159 63, 346, 937 57, 031, 862 532,674,436 57, 622,886 63, 897,139 536, 009, 641 64, 916, 209 59, 589,103 5 5 . — P A P E R C U R R E N C Y I N CIRCULATION AT T H E E N D OF EACH M O N T H ' . J U N E , 1878. Month. L e g a l - t e n d e r C u r r e n c y Gold certifinotes. certificates. cates. 1878 J u n e . . . $274,660, 895 July 289, 575,157 August .268, 332, 762 September 273, 831, 676 October 272, 505, 410 IN"© v e m b e r 273,025,612 December 277, 098, 511 1879—January 275, 856, 485 February 265,511, 043 March 270, 851, 347 April : . . . . . 276, 238,193 269,130,574 Mav 272,- 289,112 June : July 282 889 550 August 278,083, 410 September 298,507, 762 October 309,158, 449 Nov-ember 318. 707, 562 D e c e m b e r . . . . . 324, 020, 522 1880—January 822, 381,454 February 320, 531, 923 March 322,600, 935 April 320, 206, 737 315, 847, 997 May J u n e ^ . . . . . . . . . 313,660,457 312,5817892 Julv 315, 031,167 August Sep t e m b e r . . > . . 319, 532,403 October, 324. 262, 023 November . 327,108, 079 December 330, 939,198 1881—January 327,499, 400 February. 324, 474, 415 March . . . . 325, 342, 818 AprU. 323, 753, 930 Silver certificates. Nationalbank notes. FROM Total. $7,080 $310,129, 887 $655,940,542 $46,245,000 $24, 897, 680 959,690 653, 333, 698 23, 852, 980 307,825, 871 51,120. 000 1, 709, 280 309, 888,704 - 644,947,926 47, 815, 000 • 17,222,180 39, 545, 000 23,433, 680 711, 600 311, 500, 886 648, 822. 842 35,660,000 22,906,480 68,790 314, 750, 592 645,891,272 35, 070, 000 24,117, 780 366, 060 313,976, 518 646, 555, 970 33,190, 000 21,189, 280 413, 360 314, 339, 398 646, 230, 549 40, 445, 000 17,082r680 400, 340 311, 034, 824 644, 619, 329 36,675,000 16, 379, 280 331, 860 314, 803, 251 633, 700,434 25,145, 000 16, 253, 960 251, 700 320, 550, 850 633, 052, 857 320, 680,770 643, 730,103 30, 905, 000 15,710 460 197, 680 25, 880, 000 444,140 15, 380,120 314, 014, 961 624, 849, 795 29,355,000 414, 480 15, 279, 820 320, 675, 372 638, 013, 784 15 196 900 771,170' 661,164, 068 40, 250, 000 322 056,448 1, 304, 890 15, 008, 700 324, 924, 058 . 651,696,058 34, 375, 000 29, 240, 000 14, 843, 200 1,176, 720- 329, 328, 434 . 673,096,116 20,195, 000 14, 377, 600 1,804,371 332, 923,456 678,258,876 13,585,000 13,195,460 1, 894, 722 336, 285, 797 681,668,541 10, 090, 000 11,596,140 3, 824, 252 338, 609, 534 688,140,448 12, 085, 000 10,350,000 3,989,454 336,301,464 685,707, 372 11, 095, 000 9, 755, 300 4, 572, 606 338, 998, 267 684, 953, 096 8, 320, 000 8, 244, 000 6, 017, 006 340, 343, 037 685, 524, 978 8, 985, 000 8, 056, 800 6, 615, 366 338, 950, 535 682, 814,438 8, 010, 300 6, 051, 539 335,694, 719 678,254, 55512, 650, 000 14, 235, 000 7,963,900 5. 789, 569 336, 800, 651 678,449, 577 7, 852, 000 6, 930, 959 336, 543, 916 15,075,000 678, 983, 767 7, 661,100 ' 7, 819, 219 339, 322, 041 -680, 838, 527 11,205,000 ,9,885,000 7, 480,100 12, 203,191 339, 872, 302 688, 972, 996 8, 625, 000 7,447, 700 19, 780, 241 339,182,172 699, 297,136 8, 450, 000 7, 381, 380 •26,504,986 339, 594, 531 709, 036. 976 6,980,000 6, 528, 380 36,127,711 339, 550, 004 720,125, 2938, 630, 000 6,491, 400 36, 814, 637 337, 508, 713 716, 944,150 7, 640, 000 0 6, 229,400 37,027,797 339, 097,583 714, 469,195 6, 565, 000 6, 028, 900 39, 445, 815 342, 732, 318 720,114,851 8, 255, 000 5, 961, 200 39,157, 932 346, 058, 838 723,186,-900 iOO REPORT ON THE FINANCES. N o . 55.—PAPER CURRENCY IN CIRCULATION, ETC.—Continued. Month. Legal-tender notes. - $319. 758.711 1881—May 316, 478; 924 June 317 July 317 August 319, September . 320, October-'. - . . N o v e m b e r . . . . 320. 320, December 317 1882—January 316, February 318, March 318, April 314 May 312, June 311 July 310, August 314, September 310, October 318, November 318, December 313, 1883—January 313: February....316, March 315, April... 313, May 310, Juue — 309, July.: 308, August 309, September 309, October, '.. 306. Noveniber 307, ^ December 304 1884—January February 3OQ: 300, March...; 300, April 307, May June -. 308, . 303, July August , 305, September 310, October 312, November . 314: December 3io: 1885—January 302; F e b r u a r y — . . 297, March : . 299: April 299 May - 298 June... 301 July... 298; August 291, September 295. 300, October 303, NoA'-ember 304, December 1886—January . . . . . . 298, 299, Februaiy..... 304 Maa'ch .309, • April 306, May .: 305, -June 305, July... 299, ' August 302. September 308, October 310, November 317 - December.. 313 1887—January 312, February 318. March 318, April 315. May, 317, June 318, July 318, August 322, September... 324, October 323, November . . . 324, December 318: 1888—January Currency Gold certificertificates. cates. 880, ,000 650,',000 525, ,000 450, ,000 105 ,000 ,•275:,000 990,1,000 540.1,000 330;sooo 445,sOOO 925, ,000 990, 065, ,000 245, , OCO 220, ,000 815:•,000 540sCOO 835,I, 000^ 835,sOOO 575: ,000 430: ,000' 130, ,000 465,1,000 050:.,000 790:1,000 060,1,000 885;I, 000 055,>,OO0 870,•,000 545,1,000 385:', ooo 480,sOQO 835,I, OQO 125,1,000 955,sOOO 920, ,000 030,1,000 190,',000 165, ,000 270,i,Q00 630,',000 770;1,000 575,1,000 760,.,000 085,1,000 200:1,000 210:•,000 400, ,000. 925 ,000 585. ,000 420, ,000 .865, ,000 ,000 185: ,000 145,1,000 555,1, 000 790, ,000 590:•,000 920, ,000 925, ,000 515, ,000 955, ,000 2§0, ,000 105, ,000 195,sOOO 705:.,000 140, ,000 025,., 000 510, , 000 720, ,000 180,;000 135.,000 350, ,000 990, ,000 770 ,000 460:•,000 130,1,000 535:sOOO 215:.,000 835,.,000 985,.,000 645, ,000 Silver certificates. Nationalb a n k notes. Total. $38, 784, 540 39, n o , 729 40, 802, 892 46. 081, 878 52, 590,180 58,838,770 59, 573, 950 62, 315, 320 61, 537,540 60,125,010 59, 423,440 58, 908, 57057, 227, 060 54,506, 090 54, 757,720 57,739, 880 63;204, 780 65, 620, 450 67, 342, 690 68,443, 660 68, 438, 820 68, 027, 420 70, 759, 991 71, 884, 071 71, 727, 391 72, 620, 686 73, 728, 881 75,375,161 78, 921, 981 85, 334, 381 87,976, 201 96, 717, 721 96, 958, 031 96, 247, 721 95; 919, 576 95,497, 981 97, 363,471 98,427, o n 95,138, 361 94, 228, 691 96,491,251 100,741, 561 104, 988, 531 114, 865, 911 113,858, 811 111, 467, 951 112, 500, 226 -109,443, 946 105, 085,186 101,530, 946 98, 872,106 '96,079,296 93, 656,716 93,146,772 92, 702, 642 93,179, 465 89, 761, 609 88, 390, 816 90,122,421 90, 733,141 89,184,129 88,116, 225 87, 584, 044 89, 021, 7O0 . 95, 387,112 100, 308, SCO 105, 519, 817 117, 248, 670 118, 315, 714 123,130,755 131, 930, 489 137,740,430 139,143, 328 142,118, 017 144,166,141 147, 878, 385 154, 354, 826 160,713, 957 168,149, 274 176, 855, -123 179, 321, 053- $345, 820, 707 349, 320,733 351, 380, 525 353,176,365 353, 854, 240 355,123,453 356. 953, 345 356,179, 777 354, 502,769 355, 611, 439 356, 399, 710 354,183, 680 351, 606, 809 351,275, 317 349, 545, 731 352, 546, 988 355,427, 876 355, 409, 283 355, 380, 459 355, 350, 769 350, 824, 557 353,862,570 354, 992,888 352, 203, 939 349,095,679 347, 855,146 346,770,823 347, 887, 072 346, 710,404 345,100, 240 343, 230, 410 340, 993, 531 333, 934, 061 333, 736, 000 336,173,139 332, 266,201 332, 484, 730 329, 882. 621 326, 536, 019 324, 517, 896 323, 964, 981 322, 836,117 320, 254,849 318, 062, 338 312,169, 259 313, 861, 979 313,584,455 311, 295,144 307,183,159 308, 911, 370 307, 297,711 307,875, 599 310,151, 714 309, 840, 846 310, 973,491 311,164, 536 307, 049,105 309, 039. 918 311, 758,3.86 309, 430,-872 306, 206, 015 304,476, 475 302, 446,129 301, 371, 095 300, 995. 048 '298,116, 544 296. 622, 243 293,559, 737 288,3.76, 405285, 792, 236 284, 392, 226' 281,312, 658 .278, 055,162 276, 554,488 273,146, 207 270, 774,103 269, 782, 937 287-, 757, 278 266, 558, 514 283. 444, 420 257, 920,431 $721,100, 238 722, 317:906 725, 512,643 731, 445,510 739, 339,624 747, 840,690 750, 996,853 753, 911,433 750,517, 151 749, 332,935 750, 224,671 747, 206,562 740, 694,115 736, 065;854 733,251 317 737, 890 983 748, 812,954 759, 226,823 788,106, 043 791, no, 792, 451 789, 310:659 795, 464;824 798, 247,603 805,414, 201 803,525, 379 802,-501 474 7y«, 754,023 802, 003,901' 804,623, 780 811, 275,603 822, 813,159 829, 714,539 826, 824,535 229 816, 636,170 SOO; 300,856 807, 952, 816,143 830, 283: 830, 871,035 833, 632;092 841, 952,003 855, 673, 861,157, no 870, 815,997 865, 967,414 867, 939,949 871,189, 216 864, 010,262 866, 390, 859,140, 745 8-19, 727,904 840, 682 053 '831,139, 598 830,3.75, 418 828, 443: 292 825, 476,509 817, 471,781 809, 047,480 805, 471 087 795, 902,774 792, 449,564 789,470, 571 779,192; 902 791, 235,024 802, 432,521 809, 795,702 831, 533,560 834, 554,170 827, 873,808 835; 889,115 839, f " 107 833, 073,161 836, 58'5,711 839, 349.305 832, 939,250 851,193, 957 859, 575,337 855, 851,941 868,290, 002 870,761, 101 TREASURER. N o . 5 5 . - -PAPER Month. C U R R E N C Y I N CIRCULATION,-ETC.- Legal-tender " Currency Gold certifinotes. certificates. cates. $333, 198, 929 1888—February 313, 595, 393 March 307, 634, 402 April 300, 522, 816 May 294, 282, 812 June 291, 850, 276 July.......... 290, 455, 623 August 293, 322, 053 September 298, 287, 696 October 300, 118, 060 Novernber 305, 555,156 December 303, 319, 518 1889—January February . : . . . 301, 460, 505 307, 179,785 March.... 308, 330, 879 April 302, 740, 629 May 300, 344, 931 June 298, 741,650 July 297, 810, 081 August 310, 2-35, 758 September October: . . 316, 867, 515 321, 721. 994 Noveniber 331, 007, 091 December 327, 444, 792 1890—January 328, 857^151 February 332. 101, 359 March 330; 676,605 ^ April 328, 933,217 May 048, 828 • June "323, 897,604 322, 663, 206 • July 328, 022, 226 August 341, 885.104 Sei3teraber 345, 794, 952 October 352, 572,168 NoA^ember 358. 427, 21.4 December 353, 876,130 1891—January 358, 952, 171 February March .<. 387, 204, 872 April •. 369, 431, 028 385, 177,437 May... 364, 576, 642 June 363, 444, 786 July..,...:... 383, 936,429 August 383, 027,473 September 399, 347,595October 404, November 083, 408 409, .135, 832 December 408, 850, 241 1892—January 397, 510, 372 .February 401, 287,631 March 406, 521, 974 April 405, 888, 497 May 409, 608. 579 June 413, 662, 506 July.......... 421, August 605, 008 429, September No. 215, 000 915, 000 555, 000 230,doo 415, 000 205, 000 645, 000 730, 000 580,000 360,000 250, 000 915, 000 920, 000 450, 000 580,000 150,000 735, 000 575,000 545, GOO 275, 000 510, 000 140, 000 000,000 630,000 230, 000 660, 000 795,000 855, 000 830, 000 820, 000 820, 000. 990, 000 910,000 270. OQO ,810, 000 360, 000 270,000 145, 000 000, 000 750, 000 365, 000 285, 000 455, OCO 845, 000 765,000 765, 000 265, 000 760, 000 350, 000 840, 000 210, 000 730, 000 830, 000 720, 000 210. OQO 29b;OCO Silver'certificates.- $96, 697, 913 $184,452,659 91, 953, 949. 191, 526, 445 99, 561; 293 194, 426,932 109,581, 730 196, 645, 405 119, 887, 370 200,387, 376 131, 959,112 203,680,679 124, 750, 394 209,658,966 134,838,190 218, 581, 601 140, 613, 658 229, 783,152 129, 264, 228 237, 415, 789 120, 888,448 246, 219, 999 130, 986, 592 245, 337,438 130, 210, 717 246, 628,953 128, 826, 517 251, 263, 679 136, 614, 789 254, 939, 203 129, 044, 662 255,537,810 116, 792, .759 257,102, 445 118, 541, 409 259. 557,125 123, 393, 519 268,580,626' 116, 675, 349 276, 619, 715 120, 937, 229 277, 319, 944 123, 483,119 276, 794, 386 122, 985, 889 282, 949,073 138, 657,169 281, 331, 771 130, 604, 804 284,176, 262 134, 938, 079 290, 605, 562 134, 642, 839 292, 923, 348 130, 788, 399 294, .656, 083 131,380,019 297, 210, 043 132, 444, 74.9 298,748, 913 124, 382, 539 303, 471, 210 158,104; 739 309, 321, 207 138,173, 979 308, 206,177 131, 316, 499 308, 576,499 144, 047, 279 308,289,463 155, 839,449 303, 844, 086 147,119,129 303. 822, 259 144, 317, 069 309; 632, 535 138, 890, 799 312,933,440 122,124, 339 310, 541, 378 120; 850, 399 307, 364,148 115, 715, 389 307. 291,114 108, 273, 079 317, 588, 321 112,451,589 322, 016,487 186,100, 319 321,142, 642 142, 849, 989 320, 873, 610 148,106,119 320, 817, 568 163,178, 959 320,138, 307 160,001,279 325,141,186 154, 329, 229 325, 683,149 153, 713, 699 327, 289, 896 157, 295, 209 327, 290,165 141, 235, 339 328, 880, 803 136, 861, 829 327. 338, 823 128,387, 379 328, 289,145 121, 210, 399 328, 849, 827 -Continued. Nationalbank notes. Total. $256, 097,116 661, 617 254, 673, 417 664,204 252,484,307 661, 934 248,878,462 867, 858,413 . 245,149.720 874, 122,278 241, 234, 901 883, 729,968 238,466, 870 877, 976, 853 237, 505, 695 896, 957,539 235, 090, 263 915, 354, 769 232,945,416 911, 103.493 229,486,146 912, 399,749 ' 223, 602, 595 917, 161,143 220, 815, 013 915, 035,188 217, 974, 354 919, 694, 335 214,819,583 929, 284, 454 210, 583, 650 914, 056, 751 207, 039, 352 898, 014,487 204,361,154 898, 776, 338 201,172,710 907, 501, 936 399,684,081 918, 489, 903 196, 714,410 924, 349, 098 195, 294, 664 927, 434,163 192, 587,030 938, 529,083 188, 274,459 947, 338,191 939, 529, 356 187, 661,139 951, 642,406 186,337,406 952, 360,156 185, 322, 364 183, 072, 228 945, 304, 927 944, 863, 711 181, 396, 823 179, 487, 509 945, 198, 775 943, 408,480 178, 071, 525 992, 420,576 176, 982,404 975, 123,055 175, 947,795 174,912, 067 973, 870,017 173,738, 584 991, 457.494 454,147 • 168,983, 398 539,904 168,452, 386 168,119, 827 1, 001,166,602 166,171, 886 1, 001,200,997 163,661, 349 979, 508, 092 161,922, 040 975, 679, 024 162, 241, 992 976, 090,137 164, 312, 057 982, 073,243 166, 090, 066 1, 002,339, 551 •166,445,763^ 1,033, 481,197 168,151, 853 1, 045,788, 027 188, 427,433 1, 055,679,528 167,176, 607 1,073, 389, 505 167,829, 448 1, 080,172,154 168, 644,955 1, 080,007, 705 168,067,089 1,085. 568, 315 167, 427, 985 1, 091,265, 313 167, 306, 957 1, 075,119,596 166, 595,935 1, 071,123,166 ^ 6 6 , 033,118 1, 068,582,1.48 165, 085,108 1, 060:040, 342 5 ^ 0 — E S T I M A T E D A M O U N T OF" M O N E Y I N C I R C U L A T I O N A T T H E E N D O F ' E A C H M O N T H F R O M J U N E , 1878. , Silver and, Notes and Gold and gokl silver certifi- currency cercertificates. cates. tificates. Month. 1878—June July August September . October.. NoA^ember . December. 1879—Januaiy . . . Februa'ry . . March . : . . : April May - . . - . . ; June : $65.780, 545 $109,637,454 66, 901, 711 107, 887, 097 69, 910, 309 100. 880,454 n , 521, 608 .1.08,697,791 71, 899, 800 108. 077, 093 73, 593, 366 110, 342, 852 74,186, 682 117,452,131 75. 325,186 1"1.7. 525, 251 75; 994, 951 119,960,449 76,171, 766 122. 421, 454 76. 541. 919 123.143,901 76, 812, 844 3 23,114,040 75,414, 713 125, 785,182 Total. 035,782 $806, 453,781 803.109, 836 628, 521, 028 796.; 787, 229 626. 016, 466. 804, 896, 981 624; 677, 562 802, 893,495 622, 916,.002 806,008,348 622, 072,130 816, 266, 722 624, 627,909 819,986, 746 627, 136, 309 812, 944, 694 616, 989, 294 815,140,417 616, 547,197 627: 821. 963 ° 827,507,783 808, 952,419 6O9: 025,535 823,519,379 622: 319,484 102 REPORT ON THE EINANCES. N o . 5 6 . — E S T I M A T E D AMOUNT OF M O N E Y I N CIRCULATION, ETC.—Continued. Month. 1879—July August September,. October — November . December.. 1880—January . . . February .. March April , May Juiie July August September . October November . December:. 1881—January... February .. March . . . . . AprU May June July ....... August September . October . . . : NoA'-ember . December.. 1882—January . . . February.. March .April May June July August September. October • November. December.. 1883—January^.. February.. March : April May June July : August.--September.. October November . December.. 1884--Januar3''... February.. March..... April May June July A.ugust...., Septieraber. October — November . December.. 1885—January . . . Februa'ry.. March...:. April May June July August Sep'tember. October November. I'ecember.1886—J a n u a r y . . . . February.. Silver a n d Gold a n d gold s i l v e r certifi- N o t e s a n d c u r r e n c y cercertificates. cates. • tificates. $127, 737,856 130, 308. 397 131, 892, 932 150, 824, 418 180, 449, 390 1.90, 346, 067 196, 184. 586 205, 259.015 208, 628,423 216, 228, 233, 239, - 245, 259, 272, 273. 285, 295, 279. 287, 308: 318 321, 332: 324, 332, 344, 343: 354, 365, 351. 359, 370, 360, 363. 384; 381, 361, 367, 375, ^ 392, 402. 395; •394, 399, 406; 404, 402, 398, 401, 40Q, 406, 410, 423, 422, i 415, 401, 399, 411, 430, 431, 427, 427, 434, 434, 453, 453. 458, 467. 471; 468, 463. 901: 466, 006, 464, 123: 458, 106 460, 735 464. 989.148 478; 042.368 467, 320, 871 Total. $72, 806 278 $645,195, 998 740.132 838, 003,982 72, 313 117 035,382,468 •72,339, 696 657,076,196 861. 308.824 73, 852, 096 662, 276, 905 886. 954,019 . 75. 666,673 666,578,359 922, 694, 422 79; 388, 336 672,-720, 056 942, 452:459 67i; 387,918 948, 655, 004 - 79,102, 500 955, 102, 964 79, 218,759 670, 625,190 980. 504.. 893 80, 612,298 671, 263, 972 865, 622. 005 668,142, 272 81, 319,159 972. 870; 903 664,192, 716 80, 064 087 664, 696,108 977, 968: 579 79, 610,792 664, 200, 808 984. 122, 786 80, 741, 540 685,558,208 993, •788,363 82, 305,335 669,289,705 1, 018,149, 296 89^ 485, 808 672,069,195 1, 044,831,655 100,184: 575 675,150, 610 1, 057.588, 027 108, 974, 352 677,469,202 1, 083.552, 382 120, 095, 806 673,838,113 1, 089,345, 671 120,418, 356 671, 211, 998 1, 070.498. 770. 120, 014: 081 674, 640,136 1, 084;648, 972 122,126: 3.33 678,067, 768 1, los;085,027 121,161, 927 676,439, 418 1,115, 281, 850 120, 368: 810 120. 778,076 677, 447, 657 1,119. 298,130. 328 12^;! 678, 961, 631 1,134, 127. 833 129,137, 41.2 679, 986, 512 1,133, 811-, 099 138, 679: 544 681, 510.124 1,152, 572,695 147,15i: 309 683, 797; 700 1,174, 994, 001 148, 840, 311 686, 223, 283 1,170, 037.590 152, 400, 542 686,407, 993 1,193, 205,958 150, 515; 343 683,799, 391 1.199, 407, 754 148,412, 067 684, 035, 605 1,184, 372,139 146, 882:058 685, 634, 311 1.191, 353,877 144, 827,870 683, 226, 872 1,198, 800,159 142.108, 894 678, 414,135 1, ISI,458, 225 003 676, 530, 744 1,178, 688,092 138, 877,535 007, 354 .. 139, 540, 223 673, 477,157 1, 377,604.. 080 142, 830, 381 675,159, 063 1,170, 329.831 150,141 741 680,700, 734 1.192, 729, 303 155,391 574 682,236,103 1, 2-04,846;094 159,137; 646 681, 305, 083 1. 215,388, 040 683,152, 390 1. 237,044,736 161, 554;436 076, 343, 336 1, 239,933,659 159, 916,840 678, 728,769 1, 232.309. 527 158, 846:761 160, 444,473 . 681, 260, 323 1, 238,063,103 160, 876:907 677,965, 332 1, 2B8.167,880 160, '346:885 674, 094, 870 1, 241,905,053 160, 436:788 671,097, 323 1, 235,591,108 668,704,393 1. 233,881,749 162, 779: 655 668,831, 322 1; 232.840. 080 165, 266: 934 688,067, 000 1, 240,304, 887 171, 490, 165 178, 367, 381 687, 213,219 l,-246. 850,783 664,401, 782 1, 25i;789,126 180, 894, 243 662, 510, 298 1, 282,054, 602 189, 5S0;003 186, 88O;852 -655,293,888 1, 286,910, 041 652. 733, 384 1, 259.228. 804 184, 220,769 651, 904, 503 1, 250,578, 358 183,158; 388 648,101, 384 1, 232,394. 252 182, 982,566 651, 463, 905 1, 235,223.410 184,1.31 732 648, 569. 835 1, 242,876,951 181, 882, 304 180, 564;705 643, 654, 045 1, 254,723, 560 179,192, 233 644,625, 358 1, 255,610, 380 649, 751,124 1,250, 221,515 182, 520,200 188, 353,485 653, 344, 961 1,209, 728, 985 193,-408, 358 657, 310,182 1, 284,285, 205 203, 831 611 653,003.779 1, 291,984,788 1, 298,588, 951 200, 346;358 644, 976, 806 1,292, 198, 956,059 641, 816,173 1, 295,054, 344 817,535 198, 887,895 639, 792,183 310,753 193,159, 826 636,510.470 1,297, 1, 289, 630, 372; 086 1, 290,233, 284 .'187,821 136 638,130, 007 1, 288,632, 302 183, 705,433 636, 979, 730 1,283, 489, 393 187, 751, 182 187, 720;632. 629, 782, 959 1, 283,272, 289 628, 888, 398 1, 281,881, 580 190,.260, 518 628, 971, 521 1, 282,618, 294 194. 603 032 189; 964;984 631. 918, 864 1, 287:SIS, 484 192, 924,463 629,904, 352 1, 285.700, 563 187, 228, 198 620, 429, 732 1, 276,704, 712 623,443, 643 185, 940, TREASURER. . \ 103 N o . 5 0 . — E S T I M A T E D AMOUNT OF M O N E Y I N CIRCULATION, ISTC.—Continued. Month. 1886—March April May June July.: August September.. . October..... November .. December... 188'7—January . . . . Februaiy... March "AprU.:..... May Juiie : July -August Sep'tember.- October November . December... 1888—January . . . ' . Febrnary... . March April May June ... July:. •.. August...., September.: O c t o b e r . . •._.. November .. December... 1889^ J a n u a r y - . . . Februa'ry..March , .. April :.. May June July August September.. October • November . . December... 1890—January Februa'ry— March April May June July..-...:. August.: -.. September.. October November .. December. .. 1891—Januarj' February... March: April May June July August Sep'tember.. October . N o A^em b e r . . December- - 1892—January F e b r u a r y - -. March , April ' May .\. June July August September.. Silver a n d Gold a n d g o l d siWer certifi- N o t e s a n d • c u r r e n c y cercertificates. cates. tificates. $453, 048, 817 446, 125. 383 440, 563,349 433, 980, 712 433, 792, 902 . 442, 366,116 449, 412,147 456, 485, 867 482, 592, 892 469, 505, 885 477, 394, 556 '471, 750,576 467, 254; 477 469. 676,335 488, 755, 473 467, 644, 666 472, 340, 381 470, 315,596 489, 075, 573 492, 270,543 487, 230, 968 496, 095, 200 503, 515, 897 491, 978, 430 489, 699,932 ^ 498, 129,415 505, 961, 362 511, 952, 608 510, 565. 916 501, 098, 299 512, 188, 054 520, 630, 475 510, 655, 315 500, 722,960 511, 102, 957 509, 708,627 506, 898,897 514, 022, 097 506, 007, 520 493, 351, 944 493, 339,844 499, 204,728 492, 623, 064 622, 300 252. 608 69i; 811 498, 594, 485 513, 112, 007 504, 562, 566 508, 953,760 508, 034,755 506, 330,625 505, 558, 945 507, 435,726 bOS, 044, 462 545; 552,109 538, 422, 396 536, 127, 876 555, 280,- 784 565, 872, 003 555, 785, 919 552, 753,580 547, 786,199 528, 915,129 528, 345, 401 543, 018,414 515, 784, 873 520, 870, 686 542, 581, 371 548, 105, 299 556, o n , 981 .571, 814,780 587, 943, 647 581, 329,648 581, 206, 866 566, 003,079 550, 309,189 547, 541, 790 539, 734,728 532, ^ 8 7 , 589,217 189, 415, 028 388,230,772 186, 742, 200 188,167, 205 192,944,509 203, 589,459 210, 245,506 216, 801, 572 227, 809, 006 225, 645,402 227,110, 007 237,258,854 241,927,809 243,060, 289 246,194,469 249, 025,193 254, 078, 296 265,115, 893 274, 644, 633 284,162,120 293, 046, 598 292, 574, 023 296, 022, 890 301, 612, 508 302,859,982 303, 585, 4.90 306,287, 314 309, 067, 084 315, 955, 830 328, 333, 932 342, 046, 314 350, 805, 371 360, 233, 845 356,152,418 356,005, 608 359,461,130 362, 209, 085 361, 702, 672 362, 912, 515 365,298, 529 375, 359,721 386,925,167. 391, 099, 309 391, 884,805 398,984, 977 394,840, 548 396,499, 004 402, 438,190 403, 722, 364 404, 920,126 407, 372, 678 410, 014, 544 416,926, 770 427,765,507 431, 557, 399 434; 097, 823 434, 487, 640 426, 386, 664 424,728,450' '429,807, 547 431,994.764 428, 263, 314 423, 239,194 423, 218,457 434,701,686 441, 875,108 445, 383,239 446, 416, 251 445, 920, 589 442, 770, 908 446, 714, 423 446, 702, 546 447, 677, 876 447.123. 424 446, 066, 805 447,715, 622 449, 809,170 451, 335,139 Total. P62S, 149,717 i$l, 268; 787,751 630,023,114 1,285.503,525 626, 597,933 1, 255, 302, 054 628,289,174 1, 24.9,v012, 086 627,188, 003 1, 249,148.110 612,472, 464 1, 247, 783,089 613,156,983 1, 284.158. 5S9 613, 830, 255 1, 280, 561, 628 613, 755, 071 1, 293,149, 535 617, 071,427 1,314,386,298 610,573,739 1,313,613,697 606, 784, 050 1,305, 644, 633 609,913,304 1, 314,426, 635 607, 768, 200 1, 319, 372, 344 602, 988,802 1,314, 784, 564 603, 221,707 1, 317, 080, 842 600,193, 483 l,32i;559,057 596, 297, 580 i, 320, 691. 472 598. 853, 741 1, 353, 045,207 599,177,227 1,386,092,403 . 596, 921, 310 L 368, 314,398 594,701,011 1, 383, 842, 809 . 586,585,978 1, 382. 675, 898 580, 511, 045 1, 371, 51.2, 365 577,183, 810 1, 368,496, 310 570,^673,709 1,371.663,106 561,831, 278 1,371,158,130 553. 847, 532 1,372,087,454548;090,177 1, 367, 723,177 543, 567,493 1. 360, 621, 622 543, 557, 748 1, 384, 059, 734 544, 957,959 1,407,634,748 544,423, 476 1, 405, 884,162 545, 291, 302^ 1, 406, 248,107 540, 837,113 1, 408, 092, 488 538,195,518 1,403,909,753 539, 604,139 1, 405, 904,166 537, 730, 462 1,413,961,644 529,474, 279 1, 397,184, 471 524,119, 283 1,880,383,742 520, 677, 804 1,379? 316,177 515,527,791 1, 390, 092, 240 525,194,839 1,404,743, 070 1,413,813,530 526, 091,925 1,417,294,075 527,156,658 1, 430,270, 909 532, 594,121 1,435,784,284 527, 349,251 1, 425, 359, 301 524, 748, 290 1, 437, 099, 521 526, 098, 765 1,437,470.093 524,793,969 1,430,815,326 519,860,445 1,428, 976, 952 516, 273, 649 1,431, 578, 602. 514, 005,113 1,435,917,227 515,554,731 524, 994, 630 1.497, 804,599 528,742,899 1.498, 852,407 533,977,019 1, 504,497, 238 539,120,752 1, 528, 738, 268 533,770,612 1, 525, 438, 060 537, 598, 516 1,518,198, 989 547,216,998' 1,529, 810,464 549, 376,758 1,529,325,302 546, 842,375 1,503,891,888 547,464,477 1.499, 618,800 553, 083, 634 1,499,647,492 556, 211, 843 1,505,931,943 567, 871,495 1,530,531,476 576,238, 236 1, 584,492,161 ^ 582,264,448 1, .577,262, 070 586,755, 841 1,588,781,729 590,072,239 1, 603, 855,128 595, 029, 689 1, 609, 558, 892 599, 995,327 1, 608, 041, 520 604, 564,720 1, 613, 572, 244 606, 679, 939 1,620,010,229 607,003,454 1, 603, 073, 338 608, 924, 514 1, 601, 949, 325 609,905,624 1, 599, 256, 584 611,980,116 1, 596, 049, 983 104 REPORT ON T H E FINANCES. No. . 5'^.—DISTRIBUTION . Belonging to Treasuiy. Month. 1878--June July August ... September ..^ - October , NpA'omber . December 1879—Januaiy February March April May June July.August September, October November December 1880—January February Ma.rch April May June July ^ August September October NoA^ember December 1881—Januaiy Februa'ry March .'. April May .;.. June July : August Sep'tember October November December 1882—January Februaiy ' March..: April May June July..: August September • October NoA'cmber December 1883—Januaiy. - Februaiy March.-April May June July • August September October NoA^ember December 1884-Jan uary February Marcli April : May June July August Sci)tember October NoA^ember December OF T H E STOCK OF M O N E Y AT THE E N D OF EACH M O N T H FROM J U N E , 1878. •.. ' :.. :.. :.'. •... •... O n deposit iu Treasury. $92, 844, 600 164, 040,821 97,213,030 171, 603,016 93,425, 280 184, 8-76.390 75, 744, 670 183, 589,268 71, 356, 350 190. 855,688 73, 426, 420 195, 570,088 58, 776, 830 190, 817,781. 193, 593:585 63, 397, 880 206, 004:277 65,187, 680 46, 356, 230 209, 8I3:027 49, 794, 620 203,179: 569 44, 815, 660 225. 855:518 48, 685, 850 215, 009,098 197, 275,115 58, 888, 550 217, 413,882 53, 745, 550 50, .347, 750 229, 773:314 230,137, 323 X 4-3. 238, 850 220. 544:789 34; 717,11.0 31, 585, 010 214. 725,246 21.7; 905:557 32, 384, 010 2.14,398, 641 31, 217, 520 213. 972,987 28, 979.420 29, 434, 320 215, 375,280 213, 023,050 33, 074, 370 212,188, 100 34, 973, S'^O 211, 855,758 36, 238, 890 216. 208,008 32.145, 940 36, 008. 660 214. 412,956 43, 343, 460 209; 24.6,545 2.10, 610,092 51, 002, 780 206, 233,450 59, 246, 010 210, 582,412 01. 971, 700 378 232, 601, 62, 390, 740 232, 766,310 63,155, 700 64, 937, 74;0 234, 262,989 67, 545,850 •233, 773,252 254 235; 254,147 68, 874,450 227.497, 947 68.473,800 2;^7, 904,342 72; 604, 230 235,146, 796 77,713,830 227, 678,530 79, 845, 590 80,916, 750 232, 443,926 226. 405,802 83, 453, 350 225;. 445,611 85, 587, 790 237, 010,415 85, 412, 600 84, 662, 290 233, 636,718 227,180; 130 83, 968, 480 235,153, 471 85,121, 640 235,107, 996 84,453,830 236, 293,737 84, 867,150 239, 815,184 86, 432, 25o 235, 862,185 87.146, 650 232, 216,473 • 109, 913,150 118, 340, 20Q 227. 788;241 213,984..074 147, 053, 500 158, 012, 410 217, 288,919 159,486,710 227,198, 675 162,310,051 230, 452,536 172, 209, 951 232,731, 499 175, 299, 271 233, 393,649 184,370,471 242,188, 232 185,633,451 247, 669,310 252, 841,216 187, 789, 721 249, 981,835 188, 930, 481 3.95, 528, 081 250, 700,485 202,180, 731 251, 202,832 215, 490, 531 244, 039,235 228,287,671 243. 624,274 236, 796, 321 247, 756,281 248, 068,387 236,119, 581 232, 515, 431 249, 546,174 227,162, 351 246, 506,870 230, 589, 351 243, 323,241 251,651,681 236, 095,793 257, 271, 841 241, 422,315 260,142, 341 035 242, 464, 269, 754, 851 237,-193, 064 276, 710. 471 366 231, 845, 282, 719; 441 229, 305, Total in Treasuiy. $258. 685, 421 28S; 8.14, 046 2' 1.01, 870 25S: 333, 938 282: 212, 036 288: 996, 508 249: 594, 591 254: 991,485 272, 091, 957 258, 189.257 252, 974; 189 270, 871,178 263 694,748 258, 141. 865 271 159, 412 280, 121, 064 273, 374,173 255, 201,879 246. 290, 256 250; 269, 587 245, 814,161 242: 952, 407 244: 809, 600 -246: 897,426 247, 141, 970 248, 094, 648 248, 353, 948 250, 421, 016 252, 590, 005 2-6I: 612, 872 265; 479,460 272, 534,112 294; 992,118 295, 922, 010 299, 200,729 301 319,102 304, 128.704 295. 970, 947 310, 509,177 312, 800,172 307, 524, 386 313, 360-280 309, 859, 276 311, 033, 592 322, 429, 211 318, 311, 298.705 320, 3.49,198 319; 274,770 321 561,301 326, 161,146 32i 247,987 342: 008,834 346: 129, 335 361. .137, 073 375: 017, 741 386, 298, 484 392, 685. 629 404: 782; 726 408, 941, 487 426: 692, 770 433, 559,120 440, 302,683 438: 631,031 440: 911, 697 453, 228, 916 459, 383,216 471, 530, 363 484, 891, 906 484. 552, 595 482, 387,842 47 •061, 838 473; 668, 525 487, 913, 221 498, 746, 902 502; 694, 634 506, 606, 656 508 947, 888 512, 555, 535 024, 807 I n circulation. ;808,453,781 8re,'lC9, 830 796, 787, 229 804, 896, 981 802, 893, 495 808,'008, 348 816, 288, 722 819, 988, 748 812, 944, 894 815,140,417 827, 507, 783 808,952,439 823. 519, 379 845, 740, .132 838,003, 982 861, 308, 824 888, 954, 019 922, 694, 422 942, 452, 459 946, 655. 004 955,102, 964 960, 504, 693 985, 622,005 9-72, 876, 903 977, 986, 579 984,122,786 993, 786, 383 018,149, 296 044, 631, 655 057, 586, 027 083,552,382. 089, 345, 671 070, 496, 770 084, 646,972 108, 085, 927 115, 201, 850 119,298,130 134,127, 633 133, 811,099 152, 572, 695 174, 994, 001 179,037, 590 193,205, 956 199, 407, 754 184, 372,139 191, 353, 677 198, 800,159 181,456, 225 178, 688, 092 177, 607, 354 179, 604, 080 192, 329, 831 204,729, 303 215,846.094 237, 388, 040 239, 044,736 232, 933, 659 236, 309, 527 238, 063,103 241,. 167, 880 235, 995, 053 233, 591,108 232, 881, 749 240, 640, 080 246, 304, 887 251, 850, 783 262, 769,126 266, 054, 602 259, 910, 041 250, 228, 804 232. 578, 358 235. 394, 252 242; 223, 410 254, 876, 951 255, 723, 580 259, 610, 380 269, 221, 5.15 284, 728, 985 291, 265,. 205 Aggregate. 063, 071, 074, 003, 08 •, 075, 085, 074, 085, 071, 080, 079, 087, 101, 109, 141, -160, 177, 188, 196, 200, 203, 210, 219, 225, 232, 242, 208, 297, 319, 349, 361, 365, 380, 407, 416, 423, 430, 444, 465, 482, 492, 503, 510, 506, 509, 509. 501, 498. 498; 505, 515. 546, 561, 598, 614, 619, 629, 643, 649, 662, 886, 673, 679, 692, 705, 722, 737; 744, 734, 714, 709. 716, 742, 754, 762, 776, 793, 803, 202 882 899 899 531 858 313. 211 851 674 972 597 127 797 394 888 192 301 715 571 125 100 805 329 549 434 311 9.12 880 899 842 783 SSS 9S'2 858 952 834 580 278 807 387 870 232 348 350 382 357 995 393 500 087 685 638 767 781 220 288 253 590 850 173. 701 780 777 803 999 489 508 638 846 178 777 631 853 194 038 401 520 012 TREASURER. No. 5^.—DISTRIBUTION Month. ' 1885—Januaiy February March April.--. May June . July........ August Sep'tcrqber . . October . • — November... December . . . 1886—January.-.,.. Februa'ry — March April May . ^ June July , August September... • October NoA^ember... Decemb'er... -1887—Januaiy Februa'ry March--' April.-....... May :.. June , July August September . . October. , November... December . . . 1888—January . Febrnai?3' March , April May Juiie July August September . . , October November .-. December... 1889—January .-... February . . . March ... AprU May Julie July August September . . October November . , December.-. 1890—January . Februa'ry . . . March April May June,^ July August September . . October NoA'-emb er . . December... 1891—January . . . . February . . . Marcli April May Juiie July \. OF TI-IE\STOCK OF M O N E Y , ETC.—Continned. Belonging On deposit to Treasuiy. iu Treasury. $224, 232, 232, 232, 242, 244, 248, 257, 286, 272, 282, 285, 291, 299, 300, 302, 307, 308, 310, 320, < 313, 305, 305, 298, 304, 312, 310, 309, 319, 316, 315, 321, 308, 31.1, •314, 305, 308, 320, 324, 325, 320. " 319, 321, 330, 309, 288, 2S7, 2-81, 279, 281.: 277, 271, 2S0. 278. 273, 267, 255, 249, 248, 240, 237, 249. 24i; 243, 251. 255; 251, 247, 192, 197, 199, I80, 194, 202, 190, 3.83, IS'',, 178, > 180, 105 Total in Treasuiy. $305, 808, 231 $529, 835, 974 325, n o , 051 557, 288, 589 323, 914, 371 556,211,931 320, 895,176 . 553, 392, 245 310. 825,136 • 552,888,044 310; 009, 786 554, 874. 722 311, 504, 406 559, 590, 828 310, 843, 906 588,831, 001 289, 648, 736 556, 285, 823 283, 744,'896 558, 548, 709 282, 549,166 564,821,293 278,1.08, 856 583, 521. 828 277, 938, 036 569, 288, 846 277, 841, 536 577.083, 296 272, 871, 588 573,605,084 270, 728, 296 -573,127, 748 285,990, 840 573, 474, 752 • 285,651,920 574,482,623 261, 844, 779 572,839,909 253, 690, 579 573,854,683 251,144, 229 584, 218,905 250, 202, 529 555, 632,474 251, 952,429 557, 244, 442 255, 996, 511 554, 750, 485 258, 381, 841 582, 595, 840 259,-241, 697 571, 298, 381 269, 491, 983 580,133,182 274, 597, 655 584, 280, 043 276,894, 827 •590,100, 832 2-76,lQ9,987 592, 622, 900 585, 689,151 270, 274,447 594, 645, 353 273,198,675 292, 098, 838 601,044, 488 304, 093, 382 615, 985, 003 310, 473, 311 624, 526,749 623, '357, 944 •318,054,444 ' 330, 698, 751 639, 288, 453 340, 934, 209 661, 582,106 342, 087, "283 668, 482, 032 343, 812, 834 668, 903, 769 ' 372,959,668 693, 070, 280 388,179, 922 705, 247, 201 404, 540, 765 726, 396; 221 401, 264, 478 732, 028, 463 402, 046, 076 712. 025, 924 415, 934, 926 702, 834, 945 424,466, 434 711, 485, 954 417, 914, 716 099,451,406 420, 094, 681 699,165, 817 423, 580, 381 704, 904, 057 426, 396, 557. 704,121,647 430,479, 255 701,643, 583 434, 557, 701 714, 667, 459 711, 819, 938 433,633,298 436, 024, 748 709, 938, 243 722, 362, 047 454, 677,948 711, 057,825 455, 291, 919 698, 33l, 319 448, 371, 369 692,445, 714 444,114, 769 689,324, 793 449? 074, 028 455, 415, 928 692, 543, 054 457, 547, 278 706, 784, 245 462,215,742 703,315, 363 ' 465,081,992 ^708, 397, 554 468, 048. 625 719, 965, 394 471, 362; 730 727,255, 634 474,073,040 725, 083, 686 478, 650, 340 726, 040, 291 500, 576, 090 693, 070,450 506,185, 043 703,688,666 511,473, 893 711,415, 897 516,198, 247 701, 251, 780 523, 098, 373 717,194, 582 525,124,073 . 727, 584, 811 530,-525,511 ' 721, 051, 003 538. 444, 056 721, 542, n o 538,190, 649 721, 788, 855 540:190, 031 716, 649, .333 547, 648, 703. 727, 657, 589 I n circulation 298, 292, 295, 297, 289, 290, '288, 283, -283 28i; 282, 287, 285, -276, 288, 285, 255, 249, 249, 247, 264, 2S0, 293, 314, 313, 305, 314, 319, 314, 317, 321, 320, •353, 386, 368, 383, 382, 371, 368, 371, 371, 372, 367, 360; 384, 407, 405, 406, 408, 403, 405, 413, 397, 380, 379, 390, 404, 413, 417, 430, 435, 425, 437, 437, 430, 428, 431, 435, 497, 498, 504, 528, 525, 518, 529, 529, 503, 499, Aggregate. $1, 828.800,782 li 849,875, 540 1,851, 286, 275 1, 851,009,780 1,842, 196,797 1, 845,108,006 1, 84.8,223,130 1, 852,320, 394 1, 839,558,112 1, 838,230, 289 1,847, 439,587 1,851, 340, 312 1, 854,969, 209 1, 853,788,008 1. 842,392, 835 1, 838,691. 271 1, 828,866, 806 ' 1,828, 494,709 1, 821,988, 03.9 1, 821,637,752 1, 828,377,494 1, 836,194,102 1, 850,393,977 1, 869,136, 783 1, 876,209, 537 1, 876,943,014 1, 894,559, 817 1, 903,652, 387 1, 910,885, 396< 1; 909,683, 742 1, 907,248, 2C8 1,915, 336, 825 1, 954,089, 695 1, 982,077, 406 • 1, 992,841,147 2, 007,200, 753 2, 021,964, 351 2, 033,094, 471 2, 034,978, 342 2, 040,566, 875 • 2, 064,228,416 2, 077,334, 655 2, 094,119, 398 2, 092,650,085 2, 096,085, 658 469, 693 2, no,370,116 2,117,699, 513 2,105, 258,305 2.107, 813, 83.0 2.108, 085, 813 2, no,605.227 2,115, 85i; 930 2, 111,203,680 2, 092,254, 420 2, 089,454, 287 2,112,800, 895 2,115, 1-47,849 2,112,739,789 2.109, 595, 702 -2,119,327, 338 . 2,128,143, 546. 2,132, 414, 884 2,140, 867, 647 2,145, 780, 720 2,150, 232,586 2,156, 662, 268 2,156, 957, 518 2,161, 875,049 2,190, 521,073 2,202, 913,135 2, 215,988,048 2, 229,632,642 2, 242,783, 780 2, 245,861,467. 2,250, 667, 212 2, 250,678, 243 2, 225,268,133 2; 216,305,081 499, 647. 492 2, 227, 106 REPORT ON T H E FINANCES. No. 5 * 7 . - D I S T R I B U T I O N OF T H E STOCK OF M O N E Y , Month. 1891—August... September October . . . .^ NoA'-ember December. 1892—January . . Eebruary . '^ March A]-irU May. June •July: August... Sep'tember Belonging On d e p o s i t t o T r e a s u r y , in T r e a s u r y . $184,330, 593 170, 262, 728 159, 276, 087 158, 628,130 159, 903,185 153, 339, 468 150, 363, 639 153, 878, 031 146, 226, 718 142,871, 853 147, 906, 091 147,409, 315 149, 702,166 154,759,126 $559,078, 603 549, 806, 748 560, 379; 410 569, 221, 709 577,143, 259 605,423,412 621, 248, 974 628, 098, 049 629, 922, 571 634,081, 717 620, 245, 304 619,675, 803 615, 455, 530 606, 769,628 Total in Treasury. ETC.—Continned. I n circulation. $743,409,196 $1, 505, 931, 943 720, 069,476 1, 530, 531,476 719, 655,497 1,564, 492,161 727, 849, 839 1,577, 262, 070 737, 046,424 1,588, 781,729 758, 762, 880 1, 603, 855,128 771, 612, 613 1, 609, 558,892 781, 976, 080 1,608, 641, 520 776,149, 289 1, 613, 572, 244 776, 953, 370 1, 620, 010, 229 768,151,395 1,603, 073,338 767,085,118 1,6^1, 949,325 765,157, 696 1,599, 256,584 761,528,754 1, 596, 049,983 Aggregate. $2,249, 341,139 2, 250, 800, 952 2, 284, 147, 658 • 2,305,111, 909 2,325, 828,153 2, 362, 618,008 2, 381, 171, 505 2,390, 617,600 2,389, 721, 533 2, 398, 903, 599 2,371, 224,733 2, 369, 034,443 2, 364, 414, 280 2, 357, 578, 737 N o . 5 § . — C H A N G E S I N T H E VOLUME O F M O N E Y I N CIRCULATION, FROM INTERNAL E X P A N S I O N AND CONTRACTION AND FROM IMPORTS AND E X P O R T S OF GOLD, DURING EACH MONTH, FROM J U N E , 1878." Month. 1878—June July August , September October.... November December ... 1879- - J . a n u a r y February March.." ,. April ,. May ..,, • .June ., July • August... September October , November . .<-... December...— 1880—January Februaiy , March April May June. July August September October -— November . . . 1 . . December . . 1881—January...: February , March AprU..1 May.. ,..,., June.: July. ^ '... August September October NoA'-ember December , 1882—Januaiy February , March • April May , June July :.. » August :i.. September October..-. Internal Imports of Exports of Internal expansion. contraction gold. gold. $3. 367, "327 6; 054, 345 $7, 621, 007 4,121,044 •3.158, 391 9, 863,468 3,o791, 413 7, 063, 925 2, 084. 208 12, 822,782 18, 390, i 15, 884, 682 22, 31,9,151 14,108,799 % 090, 797 6, 752, 3Q0 18,422,568 13, 330.155 3, 633,182 8,133, 099 5, 878, 228 5, 040, 072 7; 237, 815 4, 982. 785 5, 973. 763 609. 090, .5, 598, 849 10, 398,172 3. 599, 740 9. 638, 903 1, 083, 802 19,155, 000 7,141,214 8,175, 588 6,,474, 6-14 4. 330, 073 14,191, 012 5, 565, 082 8, 249,121 14, 302, 757 1, 081, 511 n,548,2'77 5,169,977 8,273,047 9,370,812 9, 237, 630 "4,"259,'i56" 2, 546, 976 3, 511, 482 3, 209, 080 11,819,801 8, 688, 678 Net increase. $387, 679 $754,487 309, 447 332,829 527, 560 239, 758 522.107 33, 382 $8,109,732 382, 485. 2, 500, 083 460, 008 3,114, 853 416, 468 118, 767 10, 258, 374 513i 873 346, 096 3,720, 024 274,707' 115,513 137, 386 188, 500 76, 985 2,195,723 170, 894 428, 310 12, 367, 366 350,003 185, 225 143, 338 1,441, 080 14,566, 960 349,779 22, 220, 753 251, 381 350, 664 6, 723, 313 132, 443 23, 304,842 27, 528, 082 285, 826 •25, 645,195 19,178, 631 105, 999 35, 740,403 17,423, 834 134,768 19, .758,037 6, 582, 650 226.205, 4,202, 545 795, 568 149, 612 8, 447, 900 464,473 1,166, 679 5,401,729. 892,180 89,192 5,117, 312 166,432 106,497 7, 254, 898 123; 580 541, 361 5,089, 878 648, 272 6,156, 207 61,888 244,330 90, 909 9, 683, 577 9.145, 390 18,846, 998 80, 914 24, 382, 933 169, 871 26,482, 359 16, 256. Q58 220,759 12, 934, 372 9, 555, 391 158; 574 25,988, 355 16, 506,026 5,793, 289 30,415 •4, 739, 902 271, 379 577,478 160, 786 14,150, 202 7,189, 774 88,593 •23,438,955 15, 351,980 614, 498 ' 7,175, 923 1, 315, 777 616, 548 4, 036, 280 322,155 112, 361 14,829, 503 750, 852 178,648 5,427,196 .148,166 18, 761, 596 10, 660, 641 176,941 22, 421, 308 8, 295,490 97,124 4, 043, 589 3,059, 202 108,084 14,168, 366 2,728,173 102, 219 6, 201, 798 1.134, 040 468, 825 7, 231, 393 839, 566 3, 228, 840 6,981,538 551,301 2, 342, 449 7,446, 482 204, 626 13, 289, 404 257,142 5, 572, 251 162, 202 4, 754,422 ' 424,878 1, 637, 212 1, 996, 726 229, 849 12, 725, 751 1.135, 799 104, 616 12, 399, 472 3,835,410 Net„ decrease. $3, 343, 945 0, 34:2,147 2, 003,406 7, 042, 052 18,555, 384 '7,'736,*i.56 18, 848,901 316, 534 15, 035, 615 17, 343, 934 2, 768,133 1, 080,738 107 TKEASUREE. No. 5§.—CHANGES I N THE VOLUME OF M O N E Y IN CIRCULATION,-FROM INTERNAL ExPAt^siON AND CONTRACTION, ETC.—Continued.. Month. 1882—November . December.. 1883—January... i&'ebruary ..^ March . April May •June July August September. October NoA'-ember . December . 1884—J,anuaiy.... February.. Mai'ch April May June ^... July August September.. October NoA'-ember . December.. 1885—Januaiy . . . February.. March..... April..* May June July August September., October November. December . 1886—January... February.. March April May....... Jnne July August.... September. October.... November. December . 1887—January . . . February.. March April.. May June July August September. October NoA'-ember . December . 1888—January... February.. March April May June July ,,^ A u g u s t September. October November . December . 1889—January... February.. March April May I n t e r n a l I m p o r t s of E x p o r t s of Internal. gold. ^ gold. . e x p a n s i o n : contraction. Net increase. $2,241 787 2,146, 952 1, 309, 639 $5, 656, 373 . 291 on . 3, 244, 859 2,311 351 232, 015 4,973,924 398, 246 2, 732, 829429, 754 2, 554, 390 1,977, 354 2, 233, 272 4, 261 430 4, 363, 818 1, 003, 212 525, 413 3,155, 708 422, 304 903, 201 3, 010, 429 ' 1, 626. 531 2, 074, 599 2, 283, 103 1, 736,072 2, 758, 3C0 1,477, 672 2,451, 402 8,192: 904 2,231 799 2,074 923 6, 627, 974 1, 887, 965 1, 756, 597 782, 533 7,477, 542 564, 735 229, 763 859, 824 588, 412 5, 517, 499 733, 907 116 3,051,652 2, 2,775,400 1, 323, 811 3,721,184 5; 096, 358 5, 620, 191 1, 242, 088 1,705, 841 4, 327, 926 986; 384 840, 337 - 350, 751 3, 024,982 248, 550 262, 691 582, 052 "6,'i92,'8i3' 4,958, 557 4, 994, 609 5, 412, 995 607 9, 310, 807 11, 655 928 3, 679, 536 3, 535, 611 6, 435, 278 143, 965 577, 278 329: 939 5,195,450 903; 253 505, 752 2,177, 776 " 6,'604," 400' 5, 978, 274 14,089, 682 12, 889, 593 l,95i 248 1, 805, 471 938, 092 395: 068 10,510,583 1,014: 840 3,173, 385 2, 270, 164 748: ,-279 319, 170 293, 040 881,471 347, 843 7,118, 268 207, 356 1, 275 189. 1, 222: 8471,960, 500 906, 006 649, 400 3, 521,927 817, 359 680, 753 - 805, 894 '4,'086," 034 753 $11,116, 791 21, 541, 946 1, 656, 896 $8,927,729 19,570, 693 381, 057 415,189 1, 492, 449 3, 807, 868 5, 721, 404 1, 535, 907 1, 585, 446 10, 352,100 2, 913, 829 1, 639i 697 386, 650 3, 901, 227 4, 885, 684 10, 529, 544 2, 486, 498 7, 352, 266 7, 758, 095 4, 524, 978 • 7,070, 988 1,543,878 2,938, 653 1,434,760 1, 369, 973 1,363,463 1, 237, 279 1, 737,484 729, 283 11, 689, 251 11, 254, 056 3, 632, 545 9, 886, 303 tO, 648, 963 6, n o , 677 2, 391, 341 2, 816, 239 18,440, 378 470, 017 659, 538 14, 089,149 3, 376, 7.19 7,052.519 3,790, 430 22, 486,181 23,039, 297 1, 664. 829 7,182, 798 2, 392, 455 5, 788, 638 10,367,739 175, 34, 745, 284, 2, 050, 935, 597: 100; 132, 196, 132, 403, 436; 153, 3,411: 12, 224, 21, 047, 2, 711: 13i: 159: 175: 77: 192, 443, 220; 1,446, 1, 635, 833: 1,157: 1, 393, 741: 1,329: 359, ,113,077 3, 375, 888 1, 753, 576 3,104,777 5,172, 827 2, 403, 945 709. 359 7,758, 331 5, 664, 807 5, 545, 896 10, 918, 343 3, 285, 476 0,144, 581 9, 681, 237 17, 850, 440 2, 815, 894 6, 829.158 12, 653; 541 848,809 3, 888, 820 9, 611,135 15, 507,470 0, 538, 220 7, 699,583 6, 375, 837 2, 485, 393 2,583,191 8, 306, 782 922, 531 1, 600, 982 5; 142. 909 217,104 '1,590,709 V 15i: 139, •438: 1,789 2,581 5, 654, 9, 920, 4, 8I2: 7, 395, 8, 380; 1.175, 130: 308: 264: 355: 305: 628; 1, 677, 2,444, 1,494, 296, 620, 495, 24i: 175, 312, 390, 365, '624, 1, 667, 2,133 958, 7,876, 3,154 ' 3 , 829 191, 323 686, - 5, 376; 7, 725, 1,197 1, 478, 4, 392, 3.176, 13, 445, Net decrea.se. 936, 714 5, 200,190 2,117, 921 •8,995,851 7, 918, 981 3, 224, 220 10, 171, 471 •6,379,968 136,024 1, 385, 021 10,375,500 16,403,039 12, 587, 907 21, 236, 763 772, 601 7,969,064. 8,782, t02 4, 94 5, 709 4,587,780 2, 276, 278 4, 498, 215 887,'585 32, 353, 7ri5 13, 047,190 2, 221, 995 15, 528,411 • 1,1.86, 911 11,163,533 3, 016, 055 3,168, 796 "'929,'324 4, 384, 277 7,101,555 23,438,112 23, 575, 014 1, 750, 586 363,945 1, 844,381 "4,'i82,'735 2,054,413. 7, 997, 478 16, 777,173 108 REPORT ON T H E FINANCES. N o . 5 § . — C H A N G E S I N ' T H E VOLUME OF M O N E Y I N CIRCULATION, FROM INTERNAL ' E X P A N S I O N AND CONTRACTION, ETC.—Continued. Month. 1889—June July August...... September.. October NoA'-ember . . December... 1890—Jan'uary Februaiy... March April . May June July August September.. October. — November . . December . . 1891—January Febriia'ry... March. April ... May Juiie July........ August September.. October November.. December... 1892—January Februa'ry... March...... April May June. .s..... July Augu.st September.. Internal Internal expansion. contraction I m p o r t s of E x p o r t s of gold. gold. $671, 3, 357, 10, 698, 12, 530, 10, 506, 2, 282, 11, 984, 4, 914, $658,665 856, 332 497,927 2, 409, 691 796,-988 1, 773, 767 1, 304, 850 1, 059,837 1,476,433 1, 622, 432 478,-353 280, 902 385, 830 1,195, 054 1, 724, 565 1, 425, 832 2, 635,<^583 1, 926, 401 6, 033, 013 1, 397, 918 565,304 . 614,170 233,318 212, 648 282,906 1, 029,148 1, 394, 755 7,451, 428 16, 897, 9-47 8, 871, 717 6, 018, 851 552, 014 2,826, 962 3,084,406 487, 041 591,159 494, 026 542,440 333, 282. 1, 303, 536 $10, 730,726 11, 574, 944, 6,'64'7,'649' 1, 13, 4, 60, 507, 268, 749. 743, 4, 285. 18, 838, 3, 980, 880 3,794, 249 16,153, 13,244, 5,334, 11, 268, 5, 662, 5, 061, 17, 493, 17, 872, 4, 280, 5, 755, 14, 787, 9. 383, 2,808, 11,985, 9, 701, 9,118, 3, 023, 882, 474 Net increase. Net decrease. $16, 800. 729 $18,130, 874 1, 067, 565 5,281,788 . 420,176 SIO, 776, 063 289,580 14, 850, 830 9,070,480 2,233,463 3,480, 545 575, 742 312, 920 12,978.834 5, 513, 375 460,969 10, 424, 983 1,170, 690 11, 740, 220 1,458,824 370, 572 1, 052, 355 6, 654, 787 288, 620 1, 838, 374 * 3, 731, 366 .11, 860, 029 2, 601, 850 4, 338. 825 2,135,.821 281,627 61, 887, 372 425, 235 1, 047, 808 567,152 5, 644, 831 632, 354 24, 239, 030 729, 246 3, 298, 208 7, 239, 091 4, 010,146 5,155,736 11, 611, 495 ' 685,882 14,163,116 25, 233, 214 30. 580, 760 4.273,088 15,822,400 6, 882, 874 28, 892 6, 284, 451 172.168 345, 290 24,599, 533 809, 595 33, 980, 885 - 381,949 12, 789, 909 254,501 11, 519, 859 246, 468 15,073, 399 5, 703, 764 .6,.507,180 6, 809, 950 4, 930,724 7, 521, 823 3, 854, 222 6,437, 985 18, 938, 801 17,129,503 1,124, 013 10,782. 638 2, 892,741 6, 049, 981 3, 208, 801 3, 627, 683 N o . 5 9 . — S E V I L N - T H I R T Y N O T E S ISSUED, R E D E E M E D , AND OUTSTANDING. Redeemed Redeemed to T o t a l i s s u e d J u n e 30, 1891. d u r i n g fiscal 3'ear. Issue. J u l y 17,1861.... A u g u s t 15, 1864 J u n e 15,1865 . . . J u l y 15,1865.... $140,094, 750 $140, 083, 950 299, 992, 500 299, 942, 550 331, 000, 000 330,967, 700 199, 000,000 198, 953, 200 Total...-. 970,087,250 Total redeemed. Outstanding $550 50 $140, 083, 950 299, 943,100 330. 967, 750 198, 953, 200 $10.800 49,400 32,250 . 40, 800 600 969,948,000 139, 250 969, 947,.400 N o . 6 0 » — C O U P O N S FROM U N I T E D STATES BONDS AND I N T E R E S T N O T E S P A I D DURING T H i ^ F I S C A L YEAR 1892, CLASSIFIED B Y L O A N S . T i t l e of loan. 5-20S of 1862 10-4OS of 1864 5-20s of J u n e , 1864 5-20sofl865 . . Consols of 1865 Consols of 1867 Consols of 1868 : Amount. .. $402.00 640. 00 3.00 33.00 172. 50 754. 50 76.50 T i t l e of loan. F u n d e d loau of 1881 F u n d e d loan of 1891 . • -Consols of 1907 T w o y e a r n o t e s of 1863 7.30s of 1864 a n d 1865 Total . . . . . . \ " Amount. $250. 64 214 913'. 40 2, 889, 990. 50 ' . 1 25 82 11 3,107, 325. 40 109 TREASURER. No. 6 1 . — C H E C K S ISSUED FOR I N T E R E S T ON R E G I S T E R E D B O N D S OF THE U N I T E D STATES DURING THE FISCAL Y E A R 1892. T i t l e of loan. F u n d e d loan of 1891 F u n d e d loan of 1907 . . . . . . . Number. . . . . . . . . • Total. B o n d s i s s u e d t o Pacific railAvays ; : Total No. / Amount. 1,056 n o , 127 . 3,063 $287,878.. 03 16,557,087.50 379, 073. 66 114,246 3, 367 17, 224,039.19 2, 347, 360. 32 117,613 19, 571, 399.51 6 2 . — I N T E R E S T ON 3.65 P E R C E N T B O N D S OF THE DISTRICT OF P A I D DURING THE F I S C A L Y E A R 1892. W h e r e paid. T r e a s u r v TJnited S t a t e s TV^ashington S u b t r e a s u r y U n i t e d S t a t e s NCAV X o r k Total :. - COLUMBIA Coupons. Checks. Total. $14, 975.02 54, 757.30 $50,946.90 403,434. 50 $65,921.92 458,191.80 69, 732; 32 454, 381.40 524 113.72 • No. 6 ' J . — R E F U N D I N G C E R T I F I C A T E S ISSUED UNDER THE ACT OF F E B R U A R Y 1879, CONVERTED INTO BONDS OF THE F U N D E D L O A N OF 1907. To bearer Total No. 64.—UNITED Converted t o J u n e 30, 1891. Converted d u r i n g fiscal year. $58, 500 . • 39, 954', 250 $58,130 39,860, 700 $10, 340 $58,130 39,871, 040 $370 83 210 40, 012, 750 39, 918, 830 10,340' 39, 929,170 83,580 Issued. HoAV p a y a b l e . T o t a l converted. STATES BONDS AND S E C U R I T I E S R E T I R E D FOR F U N D , FROM M A Y , 1869, TO J U N E 30, 1892. T i t l e of loan. War-bounty scrip L o a n of 1860 26, •Redeemed :-..f1o . THE T o J u n e 30,1891. D u r i n g fiscal year. • ' H o AV r e t i r e d . ... $50. 00 10, 000. 00 -. Outstanding. SINKING Total. $50.00 , 10, 000. 00 L o a n of F e b r u a r y , 1861 Purchased Redeemed $10, 612,000. 00 2,000.00 10, 612, 000.00 2, 000.00 Total 10,614,000.00 10,614,000.00 Oregon war debt Purchased Redeemed 256, SCO. 00 1, 250. 00 256, 800. 00 1,250.00 Total 258, 050. 00 - 258, 050.00 X o a n of J u l y a n d A u g u s t , 1861.. P u r c h a s e d Redeemed 48,776, 700. 00 32 650 00 48, 776, 700. 00 • 48, 809, 350. 00 48,809, 350. 00 24, 029,150. 00 30, 036,400. 00 24, 029,150. 00 30,036, 400. 00 54, 065, 550. 00 54, 065, 550. 00 19, 8-54, 250. 00 14, 6C0-. CO 19,854, 250.00 •14, 600. 00 19, 868, 850. 00 19, 868, 850. 00 Total: 5-20sof 1862 Purchased Redeemed L o a n of 1863 i P n rob as p.rl . Redeemed Total ", Total .' , 110 No. REPORT ON T H E FINANCES. 0 61.—UNITED STATES B O N D S AND , S E C U R I T I E S R E T I R E D F O R T H E SINKING; F U N D , FROM MAY^ 1869, TO J U N R 30, 1892—Continued. • T i t l e of l o a n . T o J u n e 30,1891. D u r iynega r .fiscal HoAV r e t i r e d . • . .. $691, 600. 00 361, 600. 00 ....do ^... Redeemed .... 18,356, 100.00 11, 072,100. 00 18,350 100 00 11, 072,100. 00 29, 428, 200. 00 29, 428, 200. 00 16, 886,150. 00 1,982,450.00 16, 866,150. 00 1, 982, 450. 00 Redeemed Purchased 10-40S of 1864 5-20s of M a r c h 1864 5-20s of J u n e 1864 Total Purchased Redeemed 5-20s of 1865 ^ Total. :. $891, 600. 00 361 600 00 Total 18,848, 600. 00 18, 848, 600. 00 Purchased Redeemed • 48,186,150. 00 65,450. 00 48,168,150. 00 65, 450. 00 Total 48, 231, 600. 00 Consols of 1867 • Purchased Redeemed 32,115, 600.00 76, 700.-00 Consols of 1868 Purchased Redeemed Consols of 1865 Total F u n d e d loan of 1881 : ...:. • •= 32,115, 600. 00 . 76,700.00 . 32,192, 300.00 Total 2,235,150.00 43, 599. 000. 00 25, 073, 800.00 Total . ... 32,192,300.00 2, 213, 800. 00 21, 350. 00 2,213,800.00 21, 350.00 Purchased Redeemed ' 48, 231, 600.00 ' - . 2,235,150.00 . $350.00 43, 599, 000.00 25, 074,150. GO 68, 673,150.00 68, 672, 800.00 350. 00 46,274,850.00 25, 331, 550.00 24,225,800.00 Total 71, 606, 400.00 24,225,800.00 | 95,832,200.00 F u n d e d loan of 1907 •. P u r c h a s e d L o a n of J u l y a n d A u g u s t , 1861 — Redeemed continued L o a n of 1863—continned do F u n d e d loan of 1881—continuedi do L o a n of J u l y 12, 1882 do F u n d e d load of 1891— c o n t i n u e d . . . . . d o 7,7,558,500. 00 F u n d e d l o a n of 1891 Purchased Redeemed 56, 598, 350. GO 37, 219, 250.00 43, 688, 700. 00 188, 578, 450.00 B o n d s p u r c h a s e d . . . 389, 040, 650. GO Bonds redeemed 400, 488, 650. 00 Total bonds Treasury uot«s issued prior t o 1846^...... Certificates of i n d e b t e d n e s s of 1S70...1 One-year n o t e s of 1863 T w o - y e a r n o t e s of 1863 Compouiid-interest notes 7-30s of 1861 : 7 30s of 1864-'65. Fractional currency United States notes Old d e m a n d n o t e s National-bank notes Asfffresrate . 789, 527, 300. 00 Redeemed . . . . . do do ....do do do ....do do ....do . ..do ....do ... .; .... 77, 558, 500.00 10, 650.00 50.00 500. 00 15,700.00 47, 700. 00 56, 609,000.00 37, 219, 300.00 43, 689, 200.00 168,594,150.00 47 700 00 24, 310, 800. 00 380,040, 650. 00 424, 797,450.00 24, 310, 800.00. 813, 838,100.00 100.00 678, 000. 00 2,220. 00 350. 00 10, 400. GO 50. 00 4, 450. 00 26, 208, 203. 33 29, 090, 564. 00 820.00 845,522,457. 33 46,274,350.00 49, 557, 350. GO 100 00 13, 254, 883.00 678,000. GO 2,500.00 550 00 13,600.00 50 00 5, 050. 00 26, 212, 420. 31 29, 090, 654. 00 820 00 13,254,883.00 37,574,179.98 883, 096, 637.31 280. 00 200.00 3, 200. 00 600.00 4,216.98 Ill TEEASUREE. No. 6 5 . — U N I T E D STATES BONDS R E T I R E D , FROM M A Y , 1869, T i t l e of loan. Lnqn 1847 Eate H o w r e t i r e d . of interest. Eedeemed Bounty-land scrip - . . . do L o a n of F e b r u a r y , 1861 •Pui-chased Redeemed Oregon w a r d e b t Purchased Eedeemed Total Total Total $47,900 1,000 6 6 10, 612, 000 7, 797,000 10, 612, 000 7, 797, 000 18,409, 000 18, 409, 000 .^ 6 6 .. 6 6 6 6 6 Purchased Eedeemed Total • Purchased Eedeemed . . . . Converted 5-20s of J u n e , 1864 Purchased Eedeemed Conver^ted • / Coijsols of 1865 Consols of 1 8 6 8 . . . . 61,663, 300 63 663 300 57,155, 850 430,273, 550 27, 09L 000 1,300 57,155, 850 430,274,850 27, 091, OQO 514, 520,400 1,300 514,521, 700 19, 854, 250 4, 676, 200 1,000 125,527, OOC 1,000 125,528,900 0 6 6 , 36,023, 350 157, 693,150 9, 586, 600 36, 023, 350 157, 693,15*0 9, 586, 600 203, 303,100 203, 303,100 6 6 I 6 6 6 6 Total... 1,139,800 2,382,200 380,500 3,882, 500 - l i s , 9 5 0 , 550 205,217, 750 8, 703, 600 4,450 118, 950, 550 205,222, 200 8, 703, 600 332, 871, 900 4,450 332, 876, 350 62, 816, 950 309,990,350' 5,807,500 • 761,100 7,500 379,405, 900 .7,500. 4,794,050 37,442, 000 211, 750 44, 900 2, 000 42, 492, 700 1,707,598,500 Texan indemnity stock Eedeemed 5 L o a n of 1860 Eedeemed 5 7, 012, 000 L o a n of 1858 Eedeemed Converted .5 5 6, 041, 000 13, 957, 000 24,530, 450 • 43,459,750 69, 850, 500 12, 238, 650 T o t a l of 6 p e r c e n t s . - Total... 19, 854, 250 4, 676, 200 " '•' - 3, 882, 500 .. Purchased Eedeemed Converted Exchanged i . . i 43,459, 750 69, 849, 500 12, 218, 650 6 6 6 Purchased Eedeemed CouA'-erted Exchanged ... Total 942 450 48, 776, 700 12, 886, 600 6 6 6 Total Consols of 1867 942,450 1,119. 800 2, 382; 200 380,500 Total Purchased Eedeemed Converted 256, 800 685, 650 48, 776, 700 . 12,886,600 ... Purchased Eedeemed Converted 1,050 6 6 6 Total 5 20s of 1865. $47,900 $50 256,800 685,650 24,530,450 5 203 of March-1864 Total • - .. Total L o a n of 1863 . Total. • 6 6 6 Purchased Eedeemed Converted . . . . D u r i n g fiscal year. 1892. P e r ct. 6 .. L o a n of J u l y a n d A u g u s t , <1861.. P u r c h a s e d Eedeemed 5 20sofl862 T o J u n e 30, 1891. TO J U N E 30, o 2, 000 379,413,400 4,-794, 050 37,444, 000 211 750 44, 900 42,494,700 16, 300 ,1,707,634,800 232,000 19, 998, 000 62, 846, 950 309, 997, 850 5, 807, 500 761,100 232,000 10, 000 .............. 7, 022, 000 6, 043, 000 13,957,000 19, 998,000 112 No. REPORT ON T H E FINANCES. 6 5 . - - U N I T E D STATES B O N D S R E T I R E D , FROM M A Y , 1869, TO J U N E 30, 1892— Continued. H o w retired. T i t l e of loan. ". R e d e e m e d 10-40 s of 1804 Exchanged . . . . Fnnrlpd loan ot 1881 P e r ct. 5 5 Total... Purchased Eedeemed Total... • Eate of interest. 5 5 Total... Purchased Eedeemed . . . . 4 4 Total Total. $192,432, 700 2,089,500 $2, 200 :$192, 434, 900 2, 089, 500 194,522,200 2,200 194, 524, 400 350 43 599 000 72, 850, 450 43, 599, 000 72,850,100 . 338,213, 300'/ Purchased Eedeemed F u n d e d loan of 1907 D u r i n g fiscal year. 116,449,100 T o t a l of 5 n o r c e n t s F u n d e d l o a n of 1891 T o J u n e 30, 1891. 350 116,4-19,450 3.2,550 338, 225, 850 143, 518, 200 55,612,600 24, 225, 800 • 199,130, 800 24, 225, 800 143 518 200 - 79, 838, 400 223,356, 800 . 179,842,500 1,418,850 179, 842, 500 1,418, 850 -181,^201,350 L o a n of J u l y a n d A u g u s t , 1861— E e d e e m e d continued. Eedeemed L o a n of 1863 c o n t i n u e d Exchanged . . . 181,261,350 127, 560,950 10,850 127,571, 600 37, 225,150 13, 231, 650 50 37, 225,200 13 231 650 • Total F u n d e d loan of 1881—continued. E e d e e m e d •Exchanged . . . * .31 Total F u n d e d loan of 1891 Eedeemed 3 continued.: Eedeemed 2 Total purchased Total redeemed Total converted . . . . No. 50 50,456, 850 500 109,134^ 150 292,349, 600 500 401,483,750 579, 501, 000 11,200 579, 512j 200 305,'466, 750 15,700 305,482,450 401,483,250 T o t a l of 3^ p e r c e n t s L o a n of J u l y 12, 1882 50,456, 800 109,133, 650 202, 349, 600 . . 47,700 47,700 770, 81)9, 750 2,153, 928, 600 77,956, 600 • 308, 476, 750 24, 329,250 770, 809, 750 2,178, 2.57, 850 77, 950, 600 308,476, 750 3, 311,171, 700 24, 329, 250 3, 335,500,950 6 6 . — B O N D S OF T H E L O A N S G I V E N I N STATEMENT N O . 65, R E T I R E D PRIOR TO M A Y , 1869. Title of loan. Loanof 1847 Bounty land scrip T'exaii indemnity stock . Oregon war debt -. 10-4Osof 1864 Total How retired* Purchased and redeemed . Eedceme'l Purchased and redeemed . Purchased -...do Eate of interest. Per cent. Amount, $28,181,500 • 229,000 4, 748, 000 145,850 1, 551, 000 34, 855, 350 TEEASUEEE. 113 N o , 6 ^ 0 — C A L L E D BONDS R E D E E M E D AND OuTSTiVNDiNG J U N E 30, 1892. • Loan. Call. 5-2Qsof 1 8 6 2 . . . . . : 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 , 21 22 23 1 • ^ ^. • - Total When matured. Amount called. Redeemed d u r i n g iiscal y e a r . D e c . 1,1871 $99, 959. 600 M a r . 7,1872 16, 222; 259 M a r . 20,1872 20,105, 500 J u n e 1,1873 . 49,878,650 Sept. 6,1873 20, 042,100 N o v . 16,1873 14, 335, 350. F e b . 1,1874 4, 994,650 Sept. 3,1874 5, 020,100 Sept. 5,1874 1, 004, 950 N o v . 1,1874 25,017, 700 D e c . 1,1874 14,807,700 J a n . 3,1875 10,188, 300 F e b . 2,1875 5, 091,700 M a y 1,1875 15, 028. 350 J u n e 1,1875 5, 005, 600 J u n e n , 1875 29,998,700 J u l y 20,1875 5, 006, 300 A u g . 1,1875 5, 001, 850 A u g . 15,1875 5, 003, 550 Sept. 1,3875 10, 000, 950 Sept. 24, 3875 5, 005, 200 Oct. 14,1875 10, 004, 800 Oct. 28,1875, 14,- 896, 750 :.. • $600 500 200 391,600, 600 1,30^ 5-20S of M a r c h , 1804 24 N o v . 13,1875 946, 600 5-20S of J u u e , 1864 24 N o v . 13,1375 25 D e c . 1.1875 26 D e c . 1.1875 27 D e c . 17; 1875 28 J a n . 1,1876 29 F e b . 1,1876 30 F e b . 15,1876 31 F e b . 15,1876 . 9,104, 500 8, 043, 900 5,024,750 5,012,900 5, 020, 500 10, 012, 650 12, 802, 950 3, 024, 050 1,000 58, 046, 200 1,000 Total redeemed. Outstanding. $99, 941,100 18, 218, 850 20, 083,150 49, 814, 700 20, 026, 350 . 14,328,600 4, 992, 300 5,016,850 1, 003, 950 24; 986, 700 14, 801, 050 10,155, 550 5, 086, 000 15, OOS, 700 5, 005, 050 29, 980, 200 5, 005, 600 5, 001, 550 5, 002, 250 9,995, 350 5, 003, 050 10, 001, 450 14,891,850' $18,500 3,400 22,350 63, 950 15,750 6,750 2, 350 3, 250 1, 000 31,000 6,650 12, 750 5,700 19,650 . 550 18, 500 700 300 1, 300 5,600 2,150 3,350 4,900 391, 350, 200 250,400 ' 946,600 9, 090,400 8, 043, 900 5, 022, 850 4, 994, 800 5, 018, 500 10, Oil, 650 12,801,8503, 024, 050 8,100 2,100 18,100 2, 000 1,000 1,100 • To°tal 5-20s'of 1865 . • . FI 92 8 -'32,400, 31 32 33 ' 34 35 36 37 38 39 . 40 41 42 43 44 45 46 Feb. Dec. Dec. Dec. Dec. Jan. Apr. Ajpv. May May Juiie June June June July Aug. 152, 533, 850 152, 509,700 24,150 47 48 49 50 . 51 52 53 54 55 56' 57 58 59 60 ' 61 62 63 64 65 66 67 68 A u g . 21,3.877 10,180, 650 A u g . 28,1877 10,018,650 S e p t . 11,1877 15,000.500 Oct. 5,1S77 10, 003, 300 Oct. 16,1877 10, 012, 050 Oct. 19,3.877 • 10,006,150 Oct. 27,1877 10,012.600 N o v . 3,1877 10, 063, 700 M a r . 6,1878 10, 032, 250 J u l y 30,1878 5, 084, 850 A u g . 6,1878 5, 006, 850 A u g . 22,1878 4, 973,100 Sept. 5,1.878 -5, 001,1.00Sept. 20, 3878 4, 793,750 Oct: 11,1878 4, 945, OCO Oct. 17,1878 4, 989, 850 Oct. 23,3878 5, 082, SCO Oct. 30,1878 5,253,300 N o v . 5,1878 4, 988, 500 N o v . 7,1878 5, 088, 850 N o v . 10,3.878 4,991,200 N o v . 16,1878 5, 072, 200 10,151,100 10, 013,150 14. 991,750 9, 997, 550 10,000,700 9, 998, 700 10, 004, 950 10,056,350 10, 029, 200 5, 081, 600 5, 006, 350 4, 971, 550 4, 999, 950 4, 787, 200 4, 929, 650 4, 985,700 5, 082,400 5, 250, 200 4, 963, 050 5, 085, 300 4, 991, 050 5, 071, 800 9,550 5, 500 8,750 5,750 11, 350 7,450 .7,650 7,350 3, 050 3, 250 500 1,550 1,150 6,550 15,350 4,150 400 3,100 3,450 <• 3,550 150 400 Total.. Consols of 1865 58, 013, 800 15,1876 ° 1, 974, 700 1,1876 10, 032, 3006,1878 9, 996, 300 12,1876 10, 012, 250 21,1876 10, 053, 750 6,1877 10, 003. 250 10,1877 10, 026; 900 24,1877 10,155,150 12,1877 10,138, 300 28,1877 9; 904,.300 3,1877 10, 041, 050 10,1877 10, 003, 250 15,1877 10, 048, 300 27,1877 10, 005. 500 5,1877 10, 019, COO 5,1877 10,114, 550 1, 974,150 10, 032, 300 9, 993,100 . 10, 000, 850 10, 052, 650 10,006,150 10,026,100 10,153,650 10,137,800 9, 902; 800 10, 041, 050 10, 003, 250 . 10, 048, 300 10,- 004, 500 10, 018, 500 10,114, 550 100 50 2,000 , 1, COO l.OCQ 200 550 3,200 11.400 1,100 2 100 800 1,500 500 1,500 1, OCO 500 114 REPORT ON T H E FINANCES. N o . 6'S'.—CALLED BONDS R E D E E M E D AND OUTSTANDING J U N E 30, 1892—Continued. Call. Loan. Cn-nsnU of 1865 When matured. 69 70 71 72 73 74 75 Nov. Dec. Dec. Feb. Feb. Mar. Mar. 26,1878 4,1878 16,1878 16,1879 27,1879 9,1879 18,1879 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. May May May May May June June June July July 1,1879 4,1879 6,1879 8,1879 11,1879 14,1879 18,1879 21,1879 24,1879 28,1879 3,1879 6,3879 12,1879 17,1879 24,1879 4,1879 12,1879 29,1879 3,3.879 4,1879 Amount called. $4,996,300 4,-620,650 5,003, 200 5, 059, 650 5, o n , 400 5, 006,400 12, 374, 950 202,631,750 Total Consols of 1867 ' <. 9,983, 700 9, 893, 300 10, 314,700 10, 006, 650 9,389;600 20,104,700 19, 604, 800 18,579,500 21, 622, 950 20, 253, 900 20,161,250 20,044, 250 19,858,800 20, 219, 200 19,407,450 10, 674,400 10,464, 650 10, 076,700 9, 972, 800 19,213, 050 Eedeemed d u r i n g fiscal y e a r . Total redeemed. . $100 4,450 Outstanding. $4,994,100 4,619,900 5,001, 700 5,057,550 5, 010, 600 5,004, 900 12,371,150 $2, 200 750 1,500 2,300 800 1,500•3,800 202; 509,150 122, 600 9, 974,700 50 9,879,900 10, 31.0, 050 500 9, 996, 600 550 9, 383, 300 • 300 20,080,450 '500 19,593, 300 100 18,560,100 21, 609, 250 20, 246, OGO -20,154,400 ioo' 20,038,100 19, 839, 300 20, 213,250 1,000 . 19,401,300 , 10, 666,500 300 10,461, 900 10, 064,800 9, 967, 85o 4,200 19, 200,500 100 9,000 13,400 4,650 10,050 6,300 24, 250 11,500 19,400 13, 700 7, 900 6,850 6,150 19, 300 5,950 6,150 7, 900 2,750 11,900 4,950 12, 550 309,846,150 7,500 309,641,550 204, 600 Consols of 1868 - 96 July 4,1879 37,420, 300 2,000 37^.375, 650 44, 650 10 4Gs of 1864 . - 97 98 99 J u l y 9,-1879 Jul'y 18, 3879 J u l y 21,1879 10, 294,150 157, 607, 600 24,575, 050 2,200 10,290,550 157,568, 300 24, 575, 050 192,476,800 2, 200 192,433,900 L o a n of 1858 100 J u l y 23,1879 260, 000 F u n d e d loan of 1881 101 103 104 .May 21,1881 A u g . 12,1881 Oct. 1,1881 25, 030.100 10,121,850 28,184, 500 350' 25, 024, 600 10, 091, 650 28,180,400 5,500 30, 200 4,300 63,.336, 450 . 350 63, 296, 650 39,800 L o a n of J u l y a n d A u g u s t , 1861 L o a n of 1863 102 July 1,1881 12, 947,450 12,886, 600 60, 850 102 July 1,1881 4,687,800 . 4,676,200 11, 600 L o a n of J u l y a n d A u g u s t , 1861—continued a t 3 | p e r cent. 105 Dec. 108 J a n . 107 M a r . 108 A p r . 109 M a y May May 111 J u n e 112 J u l y 113 24,1881 29,1882 13,1882 8,1882 3,1882 10,'1882 17,1882 7,1882 1,1882 20, 031, 550 20,184, 900 19,564,100 20,'546, 700 5, 086, 200 5, 010, 200 • 5,096.550 15,109, 950 11,227,500 20, 031, 550 20,184, 900 19.564,100 20, 546, 600 5, 086. 200 5, 007, 200 5, 096,550 15,090,450 11, 224, 500 • 19, 500 3, 000 121,832,050 25 600 15,024,700 16, 303, 500 3,269,150 600 500 34,-597, 350 1,100 25, 820, 950 16,119, 850 15, 220,800 15, 214. 950 30,735, 250 1,650 Total .* . . . : .- Total Total no Total 121, 857, 650 L o a n of 1863—continued a t 3^ p e r cent. Total : F u n d e d loan of 1881—cont i n u e d a t 3^ p e r c e n t . Total 114 115 116 117 118 319 120 121 1,000 9, 500 150 10,650 15, 024, 700 16, 304,100 3, 269, 650 50 • 34,598, 450 50 Dec. Jan. Feb. May Nov. 25, 822, 600 16,119, 850 15, 221, 800 15.215,350 30,753, 350 23,1882 18,1883 10,1883 1,1883 1,1883 103,132, 950 3, 600 39,300 42,900 260, 000 A u g . 1,1882 Sept. 13,1882 Oct. 4,1882 : " 100 400 500 1 m.q 111 .^n^ t ^ '—' 100 3,000 1, 000 400 18,100 21,150 TREASURER. , 1 1 5 NOo 6 f . — C A L L I S D BONDS R E D E E M E D AND OUTSTANDING J U N E 30,^ 1892-^Continned. CaU. Loan. L o a n o f J u l y 12,1882 ' c Total 122 123 124 125 128 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 When matnired. Dec. Dec. Feb. Mar, May Juiie June Aug. Sept. Nov. Feb. Mar. Apr. May June July Aug. Sept. Sept. Oct. Oct. Nov. Dec. Feb. Mar. Apr. May July $15, 272,100 15,133, 650 10. 208, 850 lO; 047, 850 10, 093,100 10, 010, 250 10,1.51, 050 10, 040, 800 10,050,100 10, 330, 750 10, 098,150 .10, 000, 250 10, 012, 750 10, 009, 850 10, 002. 900 4, 001. 850 4, 007; 700 4, 004, 050 10,003, 650 15, 005, OQO 15,122, 400 15, 008. HOC 10, 005. 350 10, QIC, 900 13, 887, 000 10, 007, 750 10. 014, 250 •19, 717, 500 .1,1883 15,1883 1,1884 15,1884 1,1884 20,1884 30,1884 1,1884 30,1884 1,1884 1,1886 1,1886 1,1886 1,1886 1,1.886 1,1886 1,1886 1,1886 15,1888 1,1886 16,1888 1,1886 1,1888 1, .1887 1,1887 1,1887 1,1887 1,1887 ^... F u n d e d loan of 1891 150 Eedeemed d u r i n g fiscal year. Amount called. Sept. 2,1891 Tolal redeemed. Outstanding. 4,000 $15, 272, boo 15,133, 400 10,208,850 10, 04.7, 850 10, 092. 200 10. 010,150 10,147, 750 10, 040,100 10, 050,100 10, 329, 750 10. 007,150 10, OGO, 250 10, 012, 850 10, 000, 750 10, 002, 900 4, 001, 250 4, 007, 600 4, 004, 850 10,002,950 15, 005, 000 15,117, 600 15, 006, 200 10, 005, 200 10, 010, 900 13,884/500 10, 007, 550 10, 013,850 19,637,900 302, 259, 000 15,700 302,160, 200 98, 800 25, 457, 000 24, 225, 800 24,225,800 1, 231, 200 $100 1, 000 300 300 10,000 ,- $i0O 250 900 100 3, 300 700 1,000 1,000 100 100 600 100 100 700 4,800 2 100 150 2, 500 200 400 79, 600 E E C A P I T U L A T I O N BY LOANS. Loan. 5-20sof 1862 -• 5-20S of March, 1864 L., 5-2CS of Juno, 1864...: '.' ..---..-5 -20s of 1885 Consols of 1885 Consolsof 1867 Consols of 1868 3.0-40.s^ of 1884 Loan of 1858 Funded loan of 1881 , liOan of JuJy and August, 1861 Loau of 1883 • Loan of J u l y and August, 1861—continued at 3^ per cent I/oan of 1863—coutinued at 3^ per cent , Funded loan of 1881—continued at 3^ per cent Loan of J u l y 12,1882.... Funded loan of 1891 / Total Amount called. $391, 600, 600 946, 600 58. 048, 200 152;533, 850 202,631,750 309, 848,150 37, 420, 300 192, 470, 800 260, OCO 83. 336, 450 12, 947, 450 4, 687, SCO Eedeemed during fiscal year. $1, 300 1,000 4,450 7,500 2,000 2,200 350 121, 857, 650 10, 650 34, 508,450 50 103,132, 950 500 302, 259, QOO 15, 700 25. 457, COO 24, 225; SCO Total redeemed. Outstand- $391, 350, 200 $250,400 946, 600 58, 013, 800 32,400 152, 509, 700 24,150 202, 509,150 122.800 204, 800 309,641,550 44,650 37,375,650 42, 900 192, 433, 900 280,000 , 63, 298, 6.50 39, 800 12, 888, 600 60, 850 4, 67.6, 200 -,. 11,600. 121, 832. 050 34, 597, 350 103, i n , 800 302,180, 200 24, 2-25, 800 . 25,600 1,100 21,150 98, 800 I, 231, 200 2,014,039,000 i 24,271,-500 2, o n , 827, 200 2, 211, 800 116 NOo REPORT QN T H E FINANCES. 6 § . — C H A N G E S DURING THE F I S C A L Y E A R 1892 IN THE P R I N C I P A L OF THE I N TEREST-BEARING D E B T AND D E B T ON W H I C H I N T E R E S T HAS C E A S E D . Outstanding E a t e p e r J u n e 30, 1891, c e n t of as p e r d e b t interest. statement. T i t l e of loan. Increase. Decrease.. Outstanding . J u n e 30,1892. Interest-bearing debt. F u n d e d loan of 1S91 F u n d e d loan of 1S91—continued. F u n d e d loan of 1907 , E e f u n d i n g certificates I' 4 4 Total. $50, 869, 200. 00 25,412, 200 15, 250 559, 586, QOO. 00 93, 920. 00 25, 427,450 610, 529,120. 00 $50,869.200 47,700 10, 340 $25, 384-. 500. GO 559,581,250.00 83, 580. 00 50, 927,240 585, 029, 330. 00 Debt on lohich interest h a s ceased. Old d e b t .L o a n o f 1847 Texan indemnity stock L o a n o f 185S ..." L o a n o f 1860 5-20S of 1862 5-20S of J une, 1864 5-20s of 1805 10-40S of 1884 Consols of 1865 Consols of 1867 Consols of 1868 L o a n of Febru.ary, 1861. F u n d e d loau of 1881 F u n d e d loan of 1881—continued . Oregon w a r d e b t L o a n of J u l y a n d A u g u s t , 1S61.. .' L o a n of J u l y tiiid A u g u s t , 1861c o n t i u u e d .: L o a n of 1863 (ISSl's) .....'.. L o a n of 1863—continued .-... L o a n of J u l y 12,1882 ,....'. F u n d e d loan 1891 T r e a s u r y n o t e s of 1861 7.30s of 1881 One-year n o t e s of 1883 T w o - y e a r n o t e s of 1883 Compound-interest notes 7.30s of 1884-'65 . Certificates of i n d e b t e d n e s s T e m p o r a r y loan T h r e e p e r " c e n t certificates 1-10 to 6 0 5 5 5 6 - 6 6 5 8 6 6 6 5 3-i^ 6 6 50 10, OOQ. CQ 2 5 1 , 7 0 0 . 00 10, 000 1,300 1,000 33.400.00 24,150. 00 45,100. 00 127, 050. 00 212,100. 00 46. 650. CO • e; 000. 00 40,150. 00 21, 650. 00 2, 550. 00 60, 850. 00 3^ 36,250.00 6 . 3h 3" 1 1 , 600. 00 1 , 1 5 0 . 00 114, 5 0 0 . 0 0 ^ 6 7 3-10] 5 5 0 7 3-10] 6 4to( 3 Total. Aggregate . No^ 151, 820.26 950. 00 20, 000. 00 2,000.00 2, 200 4, 450 7,500 2,000 350 500 10,050 50 15,700 25, •457,000 24, 225, 800 2, 500. 00 10, 800. 00 .•33,485.00 28,150. 00 179,140. 00 129, 050. 00 4,000.09 2, 960. 00 5,000.00 280 200 3, 200 GOO 151, 770. 26 950. 00 20, 000. 00 2.000.00 •250,400.00 32, 400. 00 24,150. 00 42, 900. 00 3.22, 600. 00 204, 600. 00 44, 850. 00 6, OOQ. 00 39, 800. 00 2L150.00 2; 550. 00 60, 850. 00 25. 600. 00 11, 600. 00 1,100. 00 98. 800. 00 1,231,200.00 2, 500.00 3.0, 800. 00 33, 205. O'O 27, 950. 00 175, 940. 00 128, 450. 00 4, 000. 00 2. 080. 00 5; 000. 00 1, 614,705. 26 25,457, 000 24, 285, 830 2, 785,875. 26 012,143, 825. 26 50, 884,450 75, 2.13, 070 587, 815, 205. 26 6 9 . — L A W F U L M O N E Y D E P O S I T E D IN THE T R E A S U R Y E.VCH M O N T H OF FISCAL Y E A R 1892 FOR T H E R E D E M P T I O N OF NATIONAL-BANK N O T E S . Month. 1891—July August September . . . October November Decsmber . 1892—January February March April May • . Julie Total. F i v e per cent • account. $4. 805, Oil. 81 3,811. 500. 06 3. SOS. 451.05 3.82-]; 945. 50 3. 92-8, 517.10 4; 8 U , 986. 85 4. 780, 699.53 5. SiO, 304.19 5,134, 0-12. 82 4. 2 2 1 . 439.45 4 , 1 0 8 . 226. 01 5, 505, 259. 42 54,440, 540.49 i:ailed account. $10,257.00 42, 974. 50 8.949.00 52, 880. 00 125. 550. 00 20,700.00 45,000. 00 306, 310. 50 Liquidating account. $73,900. 00 55,750.00' 202,700.00 97.874.00 66; on. 00 207. 270. 00 55, 750. 00 58, 981. 00 153.702.50 212; 830. 00 148. 450.00 '33,250.00 Eeducing - account. THE Total. $105,130.00 $4,984,071.81 55,120.00 3,722,468. 06 635,793.00 4, 706,944.95 46, 800. 00 3, 976,876. 50 83, 655. 00 4,121,187. 60 79, 200. 00 5,131,456. 85 4,939,949. 53 103,500.00 5, 876,214.19 18. 000. 00 5, 358,625.12 78, 750.00 4, 688,569. 45 101, 250.00 4, 37S,626. 01 .182,250.00 5, 765,759.42 1,364,448. 50 1,489,448. 00 57, 600,747.49 117 TEEASUEEE. Mo. "yo.—DISBURSEMENTS FROM REDEMPTION ACCOUNTS OF NATIONAL BANKS EACH M O N T H OF T H E F I S C A L Y E A R 1892 A N D B A L A N C E O N D E P O S I T . 1891-July August.... September. - October November. December . 1892—January . . . February.. March 'April...... May June $5, 928, 207. 00 3,985, 506. 50 5,729, 088. 50 5.120, 497. 50 6, 004,044. 50 5, 790,252. 00 ' 6, 557,222.50 7,158, 558. 50 6, 0-71,222. 50 5,029, 440.00 5, 632,914.50 6.121,802. 00 $53, 779. 94 9, 764.47 46, 493. 75 48, 947.40 95, 614. 50 114, 752.43 17,546.97 22,662.92 54, 991.23 10,424.76 11, 067.74 15, 510. 00 $5,981,986.94 3, 995,270. 97 • 5„775,582.255,169, 444.90 6,-099,659.00 5,905, 004.43 6, 574,789.47 7,181,221.42 6,126,213.73 5,039,804.76 5, 643,982.24 6,137, 312.00 69,128,736.00 501,556.11 0,630, 292.11 Total No. Transfers and Total repayments. disbursements, For notes redeemed. Mon£h. $43,492, 414.31 43, 219, 809.40 42,150, 992.1040, 958, 423.70 38, 979, 952.30 38, 206, 404. 72 36, 571, 584. 78 . 35, 206, 577. 55 34,498, 988.94 34,097, 693.63 32, 832, 337.40 32, 460, 784. 82 '2'S • — N . \ T I O N A L - B A N K N O T E S R E C E I V E D F O R R E D E M P T I O N E A C H M O N T H O F THE F I S C A L Y E A R 1892 F R O M T H E P R I N C I P A L C I T I E S A N D O T H E R P L A C E S . New,York. Month. Philadelphia. Boston. Chicago. Cincinnati. 389.1—July. August... September ^October... November December. 1892—January . . February. March . . . . April....'. May June. $3,153, o n 2, 080, 592 1, 973. 012 1, 968, 083 1, 9-40, 369 2, 528, 042 3, 878, 049 2, 788, 404 2,137, 002 2, 313, •785 2, 939, 202 3,151„300 $681,800 032, ICO 585, 200 883,000 674,800 831, 200 1, 048, 500 638, OCO 493,125 557, OOQ 688, 500 564, 094 $359,500 352, 904 391. 000 •48-i; 3'83 341, 000 497, 564 451,972 330, 250 437, 322 513, 561 415,000 478, 800 $447,500 353, 518 350, COO433, 249 434,404 359, 500 515,500 436, 000 411,500 448, 950 445,000 415, 000 Total... 30, 845,431 8, 053, 319 5, 053, 256 5, 050,121 Month. 1891—July August September . October November.. December.. 1892—January F e b r u a r y .^. ^^ March '. ' April .. May June .. Total. No. Balance. Baltimore. New Orleans. $183, COO 138, .000 138,000 188, 000 149, 000 201, 000 166, 000 182, 000 150, 000 200, 000 212, 000 185,000 St. Louis. 1, 937, 837 1891—July August September Octobei' ' November December 1 8 9 2 — J a n u a r y . .1 February "Marp.h . . , . " April M a y .~ June Pittsburg. $89,500 103, 000 98, 000 97,000 96, 217 63,000 92, 000 80, 000 83, 000 72, 000 68, OCO 68, 000 $82,770 68, 500 50, 000 85, 000 63, 000 50, 000 116,*000 70;COO S3,000 99, 000 85, 000 77,000 $41, 605 38,150 41, 002 60,725 29, 980 60,432 40, 745 24, 000' 42, 340 50,191 43,680 .44, 696 $1,129,931 $6,368, 617 1, 016, 224 4,981,988 864. 065 4, 710, 379 948; 688 5,188, 589 988, 629 5, 013, 820 1, 065, 680 •5, 909, 334 1,218,718 7,788,484 1,183, 813 6, 068,177 1,176, 866' 5, 276, 655 1,157, 767 5, 639, 755 1,129, 017 6, 357, 399 1, 042, 459 6, 323, 849 2,070,000 1,009,717 927, 270 517, 546 12, 921, 837 Eedemptions. , Total............ 1,238,712 Providence. Other places. Deliveries on redemption accounts. $6,310,165.08 $6, 025,077.00 4, 874, 458.15 4, o n , 146. 50 4, 674, 798. 60 5, 731, 268. 50 5,140, 394.94 . 5,130, 407.50 4, 974, 270.85 • 5,891,704.50 5, 706, OOL 00 . 5, 824,522. 00 7, 805, 605.15 6, 513,792. 50 6, 056, 885. 75 . 7,196, 348. 50 5, 226, 293. 30 6,105, 922. 50 5; 094, 730.00 5, 587, 576. 90 6, 244,467. 95 5, 580, 684. 50 6; 375, 724. 40 6, 086,152. 00 68, 976, 642. 07 69,191,758.00 Deposited ^ in Treasuiy. $25,708.00 15, 263. 00 4,187.00 3, n o . 00 4, 500. 00 4, 933. 00 8, 709. 00 6, 584. 00 5,406. 00 2, 920. 00 3, 978.00 9, 815. 00 95,113.00 Packages. TotaL 69, 625, 046 "y2.—REDEMPTIONS AND D E L I V E R I E S OF NATIONAL-BANK NOTES EACH OF THE F I S C A L Y E A R 1892 A N D B A L A N C E O N H A N D . Month. $94,000 92,000 105, 000 122, 001 112,000 101,000 113,500 100,710 102,500 121,501 101, 500 73, 000; $126,000 109, 000 ' 134,500 120, 500 184,421 153, 916 151, 500 237, 000 160, OOQ. 108, 000 230, 500 224, 500 . On h a n d , charged to 5 p e r c e n t account. $150,730.00 125, 090.00 122, 890. 00 ' . 112, 260.00 225, 320. 00 191, 050. 00 234, 480. 00 198, 690.00 161, 990. 00 96,700.00 148, 930. 00 184, 580. 00 1,432 1,339 1,276 1,407, 1,272 1,468 1,508 1,350 1,449 1,412 1, 429 1,340 16, 682 MONTH On h a n d , unassorted. $5, 650, 921.73 6 524 610 38 . 5, 466; 153.48 5 482 940 92 4,448,667.27 4,359,483. 27 5, 599,156.92 4,490,900.17 ^3,640 564.97 4,195,781.87 4,803,357.32 5, 047,464.72 118 No. REPORT ON T H E 7 3 . — R E D E E M E D NATIONAL-BANK N O T E S D E L I V E R E D FROM THE TREASURY EACH M O N T H OF THE FISCAL Y E A R 1892 AND BALANCE ON H A N D . F o r return to b a n k s of i s s u e . Month. 1891 J u l y August •Seijtember October November December 1892—January February March April...... Jutie Total No. 74. • $1, 020, 370. 00 909, 920. 00 1, 313, 240.00 . ... 1, 033,910. 00 1, 219, 260. 00 1,493,100. 00 • 1,700,750.00 1,874,170.00 1, 636, 950. 00 ... 1,184,720.00 1,498, 300. 00 1, 792, 010. 00 , 16,676,700.00 F o r destruct i o n a n d reisssue. F o r destruction and retirement. Balance. Total. $3,306,090.00 $1,698,617.00 $6, 025,077.00 1,900, 690. 00 1,200,536. 50 4,011,146.50 2, 750, 265. 00 • 1,667,763.50 5,731, 268. 50 2,875,760.00 1, 221,457. 50 5,131,127.50 2, 916, 770. 00 1, 754, 954. 50 5,890,984.50 2, 934, 260.00 1,397,162.00 5, 824,522..0O 1, 488,172. 50 6,513, 792.50 3, 324, 870. 00 1,519, 333.50 7,196, 348. 50 3,802, 845. 00 • 1, 205, 372. 50 6,105,922.50 3, 263, 600. 00 1, 038, 445.00 . 5, 094, 730.00 2, 871,565. 00 1, 022, 684. 50 5, 580, 684.50 3, 059, 700. 00 3, 275,920. 00 . 1, 018, 222. 00 c 6,086,152. 00 36,282,335. 00 16,232,721.00 $5, SOL 651.73 6, 649, 700. 38 5, 589, 043. 48 5, 595,200. 92 4,673,987.27 4, 550, 533. 27 5, 833, 636.92 4,687,590.17 3, 802, 554. 97 4,292,48L87 4, 952, 287. 32 5, 232, 044.72 69,191,756.00 - R E S U L T OF THE COUNT OF NATIONAL-BANK N O T E S R E C E I V E D FOR DEMPTION, B Y F I S C A L Y E A R S . Fiscal year. 1875. 1876 1877.... 1878.; 1879 "... 1880..-. 1881 1882 1883........ 1884 1885........ 1888 1887.. 1888... 1889 1890 1891. 1892.. . FINANCES. Total Fiscal year. Claimed b y owners. "Overs.' 'Shorts." RE- Eeferred and returned. $154, 526, 760.16 210, Q32, 975. 26 242, 885, 375.14 213,151, 458.56 157, 055, 844.96 61, 588, 475. 68 59, 850. 259.43 78, 089, 327.48 • 102,582, 656. 73 128, 220, 881. 34 150, 257, 840. 01 130, 296, 808. 82 87, 689, 687.15 99, 046, 534.34 89, 037, 811.75 70, 242, 489.45 - 67,475, 113.15 69, 625, 086.73 $24, 644. 85 $20, 223. 50 $1, 620, 557. 39 16,491.42 18,175.26 1, 065, 002. 20 24, 996. 58 29, 704.43 1, 278, 903.88 37, 649. 20 16, 394. 60 384, 372. 22 22,148. 42 9. 906. 35 329, '823. 34 6,481. 30 305, 432.14 9,-868.97 13, 231. 38, 569, 971.08 6, 618. 25 11,222. 13 672, 427. 09 13,405.13 8, 092. 09 727, 282. 98 10,103. 35 6, 066. 30 455, 333.05 3,785. 60 17, 060'. 07 • 329,249.19 6, 445. 25 277, 194.78 25, 528. 97 8, 246. 65 464, 413.45 16, 404. 07 22, 356. 00 806, 396.48 2. 741.70 •14,749.28 811, 835.55 4, 048. 62 6, 836.85 383; 993. 35 4,9-54. 55 8, 540. 90 622, 989. SO 10, 661. 05 43, 819.00 642, 348. 95 9, 832. 70 10,784. 50 2,168,053,184.14 277,829.33 1 242,369.94 Eejected. Counterfeit. 11,747,026.88 Exjiress charges. N e t proceeds. 1875... 1876 ,. 1877 1878 1879 1880 1881 1882 1883 1884... 1885 1886 .-.. 1887 1888 •1889 1890........ 1891 1892........ $15, 028.12 7,709. 22 4, 755. 91 - 3,997.13 6, 282. 58 7, 870. 23 22, 763. 37 3, 832. 35 4, 337. 62 3, 365. 77 3,636.49 3,822.28 2, 554. 23 1,979.40 - 2,178.72 3, i n . 50 2, 674.00 2, 358. 00 $3, 741. 00 5,188. 00 5, 634. 00 4, 008.-00 3, 016. 00 3,846. 75 4, 324.50 4,151. 00 4, 559. 50 3,770. 50 3,560. 00 2,720. 00 2, 924. 00 2,722. 00 2,191.50 2, 634. 50 2, 800.00 2, 529. 60 $25,842.15 9, 938.41 3, 345.03 1,152.09 725. 84 523.54 612. 25 .526.96 573.58 716. 62 957.18 . 313. 75 -24L70 256. 31 $152,891, 855.00 208, 955, 392. 00 241, 591, 373. 52 212,780, 335.81 157, 303, 622. 96 .48 61, 255, 59, 056, 468. 80 75,405, 581. 95 101, 843, 739. 53 125,'760, 189.18 149, 931, 396. 90 130, 029, 625.12 87, 213, 269. 96 98, 246, 727. 42 . 88,217, 860.57 69,856, 022. 70 66, 813, 249. 70 68, 978, 642.07 Total 102, 256. 92 64, 320. 85 45, 725. 41 2,156,129, 313.47 119 TREASURER. No. 7 5 . — D I S P O S I T I O N MADE OF THE N O T E S , R E D E E M E D AT, THE NATIONAL BANK R E D E M P T I O N A G E N C Y , B Y F I S C A L YEARS. D e l i v e r e d t o t h e C o m p t r o l l e r of t h e C u r r e n c y . Returned tp b a n k s of i s s u e . Fiscal year. Five per cent account. Eeducing account. Liquidating account. .4;l 5. '213. 500 .4il 15.109. 445 1875 1876 • 97. 478. 700 -78, 643,155 1877 151,070,300 62,518,600 1 8 7 8 . . . . . . . 152, 437, 300 51, 585,400 1 8 7 9 . . . . . . . 112,411, 800 40, 204, 700 1880 24,980,500 29, 881, 700 1881 6, 763, 600 • 40, 080, 700 1 8 8 2 . . . : . . . 3, 801,500 53, 838, 500 1883 15. 572,100 59, 875, 000 $17; 642, 869. 00 $1,146, 889. OQ 1 8 8 4 . . . . . . . 26, 255, 500 : 72,280,700 20,486, 304. 00 2, 889, 080. CO 1885 45, 634, 800 72, 689, 700 20, 692, 213. 00 5, 236,257. 00 1886 46, 701,100 54, 532, 935 14,311,170.00 13, 412, 608. 50 1 8 8 7 . . . . . . . 20, 788, 640 30, 506, 030 19, 647, 970. 50 16, 687, 549. 50 1888 17, 453, 780 • 25, 843,785 29, 008, 271. 00 20, 882,140. 25 1889 : 17, 084, 590 27,443,340 28.159, 373. 50 17, 807, 773. 90 .1890 12, 590, 880 23, 275, 005 22, 021, 661.50 11, 327, 772. 00 1891 12,543,220 27, 494, 44.5 16, 638, 873,. 00 8, 330, 878. 00 1 8 9 2 " . . . . . . . 16, 676, 700 36, 282, 335 9,691,685.00 6, 212, 259. 50 Failed account. $17, 532,008. 00 $5, 036; 902.00 29. 927,900.00 7, 942, 539. 00 24; 439, 700.00 11 505 312 52 l i ; 852,100. 00 8,410 848 33 9, 313,382. 00 3. 784. 5RQ 99 7;10O, 388. 00 s! 097.'98.^. 77 12,466,045. 00 2.844,107.37 16, 978, 700.00 3; 630, 989. 32 4, 674; 927. 00 6, 562, 943. 85 3, 589, 808.00 6, 861, 741. 03 5,769,080.00 6, 791, 087.93 4,022,497.50 3,840,402.05 - 1, 259,942. 60 2,165, 539.41 275,350.30 6,770,380.08 $398, 580. 20 114, 970. 00 3, 959, 218.75 418,974. 50 112,206.00 4,203,261.45 284, 455.50 359, 278. 50 107, 547. 00 5, 542, 271. 65 328, 776.50 95,113.00 5,232, 044. 72 795,456, 510 902, 025,455'l9fi RQC SPQ Fin 103,693,185.65 1,790,065.20 149, 631, 682.40 Total N o . 7 ^ . - -MoDE OF P A Y M E N T FOR N O T E S R E D E E M E D AT THE NATIONAL BANK R E DEMPTION AGENCY, B Y F I S C A L Y E A R S . Transfer che.cks. Fiscal yekr. 1875 1876 '. 1877 .1878...'. 1879 1880 . 1881...... 1882. 1883 1884.. 1S85 1886 1887 <L 1888 1889 . 1890 1891 ; 1892 - F r a c t i o n id s i l v e r coin. United States currency. $58, 825, 756. OO $50, 858, 842. 00 40,120, 338. 00 92, 374, 801. 00 34, 588,129.15 95, 212, 743.45 23, 046,418.44 75, 361,427. 23 51, 718, 253. 08 14, 617, 619.41 10, 852, 505. 53 21,174, 826. 86 22,415, 972. 28 19, 567, 744.21 23, 222, 831.83 32, 992,144. 72 56, 018,447. 71 23, 668, 004. CO 77,991, 916. 83 24, 080, 304. 62 19, 236, 730. 27 105,840,234. 80 9, 204, 752. 76 74,149, 555. 26 39, 996, 984. 07 15, 657, 298. 62 53,463, 333. 36 19,280,725. 65 .49, 669, 676.83 18, 289,439.13 30,2-7L993.55 21, 819, 838.05 20, 023,'309. 80 33, 204,177. 04 26, 965, 497. 95 ^ 28, 643,402. 79 .' •- °. 3 Total ..: ...1^. Fiscal year.' 1875 1876 1877 '. 1878 1879 1880 1881 1SS2 1883 1884 1885. 1886 1887 1888 1889 1890 1891 1892 D e p o s i t e d in. B a l a n c e on Treasury. hand. - i , : . . ' ... . • ... Total . $468,974.00 549, 645. 40 52,178.90 28, 230. 59 85,164. 56 246,447.42 296, 257. 79 158,127. 60 135, 773. 22 103,843.62 97, 670.41 90,684. 97 91; 265.70 62,103.60 59, 635.10 '88, 075.80 - Standard silver dollars. $96, 683. 32 174 831 85 215 045 27 289 018 44 242 518. 37 1,015,519.10 482, 500. 35 451,194 12 248, 970. 92 202,537.79 144 318 19 104,257. 90 " 105,172.20 • 35,349.75 - 989, 003, 325. Cl 425,422, 5 n . 01 2, 614, 078.68 Counter . - redemptions. C r e d i t in general account. C r e d i t iu redemption account. 3,788,817.67 Total. $100,000.00 $24,066, 844. 00 19, 078, 209. 00 4, 738, 979. 00 12, 789, 757. 00 6, 675, 000. 00 12, 609, 083. 76 2, 661, 021. 00 35,148,181.38 5,089,222.80 18,218,070.37 3, 883,417. 60 3, 522, 607.00 ' 8,936,232.92 10,106, 238.45 4, 033, 402.40 - 3, 941, 838. 00 1.2.428, 692.86 3, 826, 293. CO 12; 960, 221.66 13, 944, 370. 50 3, 848, 090. 50 31, 007, 087.30 8, 385,485. 00 24, 788, 344.79 4, 200,654.50 20,149, 324. 00 3, 229, 772. 00 15, 589, 994. 27 3, 280, 275. 50 - 2, 912, 686. 00" 14, 025,166. 30 11, 582, 031. 00 1, 253, 023. 00 11, 343, 243. 03 1, 256; 466. 00 $19,040,413.00 $152,891,855.00 52, 643, 065. 00 208, 955, 392. 00 91, 858, 769. 92 241, 591, 373. 52 98, 552, 739.98 212,780,335. 81 50, 581,484.09 157, 303; 622. 96 6, 924,097.88 61,255, 980.48 4,313, 702. 36 59,056 468 60 4, 534, 598. 69 75,405, 58L 95 5,248,120.14 101, 843,739. 53 5, 727,786. 37 125,760,169.18 6,443, 697. 26 149, 931, 396. 90 6, 727, 706. 96 130, 029, 625.12 2,243, 346. 65 87, 213, 269. 96 1,830, 349. 65 98,246,727.42 .1,152, 890. 95 88, 217, 880. 57 , 060,177.30 09, 856, 022. 70 585, 901.76 66,813, 249. 70 644, 606. 75 68. 976. 642. 07 308,751,092.59 359, 711,454. 71 2,156,129, 313.47 66, 838,033. 30 120 REPORT ON T H E FINANCES. N-Oo '?"y.—DEPOSITS; REDEMPTIONS; ASSESSMENTS FOR EXPENSES, AND TRANSFERS AND REPAYMENTS, ON ACCOUNT OF T H E F I V E P E R C E N T R E D E M P T I O N F U N D OF NATIONAL BANKS, B Y F I S C A L YEARS, AND BALANCE OF T H E D E P O S I T S AT T H E CLOSE OF E A C H YEAR. ' Fiscal year. 1875 ...1878 1877 1878 . . 1879 . . 1880 1881 1882 1883 1.8S4 1885 1886 1887 1888 1889 1890 1891 1892 Deposits. . . .; . . -. ' $140,874,563. 53 17-7,485,074.44 215, 580, 2.-71. 83 205, 308, 371. 37 158, 870,138.19 58, 512, 201.10 . 48, 831, 326. 63 58,041,777.64 78, 307, 727. 55 98,883,599.17 117,172, 840.18 103, 359, 393. 61 • 52,522,359.27 43,290,223.72 44,916,163.37^ 36,424, 560. 95 39, 891, 264. 52 54, 440, 540. 49 1,726,'512,197. 56 Total.. Assessments. Transfers and repayments. Redemptions. $130,322,945.-00 176,121, 855. 00 . 214. 361, 300. 00 203,416,400. 00 152,455,000.00 '5'4, 837, 600. 00 46, 844, 300. GO 57, 644. 500. 00 75,452; 100. 00 98, 553,100. CO 118, -745, 200. 00 100, 794,895. 00 . 51, 281, 200. 00 43, 379,185. 00 44, 491", 370. 00 -35,890,235.00 40,199, 345. 00 52, 896, 015. 00 $290, 965. 37 365,193. 31 - 357, 066.10 317, 942. 48 2^10, 949. 95 143, 728. 39 128, 212.12 142, 508. 72 150,611.53 178, 579. 34 175, 522.15 180, 811.15' 135,180. 53 .139,719.98 129, 207.10 107, 719. 52 99, 014. 21 $1, QOO, 282. 76 1, 634, 644.11 782, 797. 06 530, ISO. 92 580, 732. 28 789, 961. 25 1, 415, 570. 04 • 978, 047. 03 1,138, 352. 83 1, 3.14, ISO. 15 1, 077, 584. 73 1,552,680.34 3, 327, 248. 34 1, 219, 495. 34 1,390,770.35 504, 386.92 432, 579. 69 220,172. 90 1, 697, 666, 545. 00 3, 200, 731. 95 19, 887, 645. 04 Balance. $9,"55L355.77 8, 98S; 965. 73 9,059,947.19 10, 084, 671. 54 13, 381,134. 97 14, 024,824. 87 14,452, 553. 07 13, 745. 571. 56 13, 322; 337. 58 12,188,045.05 9;359,32L18 10,195, 617. 28 7, 968; 919. 00 6, 525, 281. 91 5, 419, 584. 95 5,320,316.88 4, 471,-937.19 5, 897, 275. 57 NOo t ' § , — D E P O S I T S , R E D E M P T I O N S , AND TRANSFERS AND REPAYMENTS, ON ACCOUNT . OF NATIONAL BANKS F A I L E D , I N LIQUIDATION, AND R E D U C I N G CnicuLATiON, B Y F I S C A L YEARS, AND BALANCE OF T H E D E P O S I T S AT T H E CLOSE O F E A C H YEAU. Fiscal year. Deposits. Redemptions. Transfers and repayments. . Balance. Failed. • 1867 1S6S 1869 1870 1871.'*?! 1872 1873 1874 1875 1876 1877 1878 18-79.... 1880 1881 1882 1883 1884 1885 1886 . 1887 1888 1880 1890 1891 1892 ' • '. $44,000.00 648,171. 95 653, 220. 20 . 27, 732. 00 96, 209. 60 1, 473,459. 25 474, 701.25 - 724,126. 54 1, 434, 065. 96 586, 535. 00 855, 988." 25 598,104. 50 814, 870. 25 217, 008. CO 325, 562. 50 • 975,729.25 452, 787. 50 634, 780. 00 837,413. 00 885,440.00 297,890.00 581, 338. 00 217, 880. 00 128,410.00 410, 815. 00 - 308, 310. 50 $87, 230. CO 584,752.65 419, 978. 90 122,227. 60 104,159. 50 842; 369. 35 818, 627. 00 458, 510. 00 1,115,693.00 770, 818. 80 775, 915. 00 752, 497. 50 636, 613.50 382,116. 50 426, 888. 50 533, 504. 50 722, 808. 00 625, 212. 00 703, 785. 50 608, 707. do 406, 773. 50 437, 793. 20 418, 974. 50 284, 455. 50 359,278.50 328, 776. 50 14, 700, 548. 50 13, 726,466. 50 37, 490. GO 02,198. 25 112. 500. 00 758. 428. GO 2, 920, 881. 00 1, 999, 645. 00 1, 858, 620.00 2, 561, 283. 00 3,318,721.00 2. 807, 843. 00 1.8-78. 018. 00 2, 561, 039. 50 5. 600. 00 1.7; 427.75 38, 430. 50 SO, 527. 65 1, 203, 387. 50 2,531,784.55 2, 423,151. 00 915, 990. 00 1,974 9.54.00 2, 509, 458. 50 2, 405. 317. 00' 1, 810, 752. 00 ^ 1 . ' : • .. '. • .• . Total . . " \, $99, 323. 00 83,445. 00 36, 930.00 $20,189.30 253,430. 60 158 935 00 150, 985.10 782, 075. 00 438,149. 25 " 703 785 79 1,022.138.75 837, 854. 95 919 9'-'8 20 765 535 20 943 791 95 . 778,683.45 677 357 45 J , 119, 582. 20 849, 561.70 859 12") 70 893 434 20 1,170,167. 20 977 838 70 1 121 383 50 920. 289. 00 762; 243. 50 813 780 00 ^ 754, 384.00 219, 698. 00 I n liquidation. 1867. 1888 1889 1870 1871 1872 1873 ]874 1875 1878 1877 1878 - •. '...Z .... ..• : ; : 000. 00 2, OOQ. 00 29. 662. 00 163; 429. 50 31 890 00 108 880 SO 180 730 00 858, 630. 35 2, 576,123. 85 2, 043,984. 30 1,479,453.30 ^ 123 846 30 4.463.613.30 4, 581, 799. 80 4, 004 830 80 4. 591, 894. 80 121 TREASURER. NOt 7 § .-—DEPOSITS, REDEMPTIONS, AND T R A N S F E R S AND R E P A Y M E N T S , ON ACCOUNT OF NATIONAL BANKS F A I L E D , I N L I Q U I D A T I O N , ETC.—Continued. Fiscalyear. Deposits. Redemptions. Transfers and repayments. Balance. I n liquidation—Coniumed. 1879 ]8801881 1882 1883 1884 1885 1886. 1887 1888 1889 1890 1891... 1892 ... . . '. -. - ..•'.. :. .-. -. '..; Total . $2, 569; 228. 00 1, 056,183. 00 1, 281, 961. 00 7, 957, 752. 00 7, 284, 980. 00 5, 015, 950. 50 12, 884, 354. 00 35, 202, 542. 75 31,435,378.25 25, 539, 318.10 3, 388, 676. 00 1,306,313.00 1, 882, 370. 00 1,364,448.50 158, 471,899. 85 $1, 554, 086. 50 1, 058, 414. 50 1,144, 906. 40 1, 769, 756. 00 4, 595, 593. 00 5,746,173.50 . 7, 066, 226. 50 14, 637, 711. 00 17, 313,545. CO • 20, 717, 893. 25 17, 807, 773.90 11, 327, 7-72. 00 8, 330, 876. 00 6, 212, 259. 50 135,199,745.50 E e d u c i n g circulatiGn. 1875 . . 1876 187 7 1878 1879 1880 1881 1882 1883 .1884 1885 1886 18S7.... 1.888 1889...! . . 1890 1891 1892 ' $179,594 00 17, 757. 00 531,900. 00 109, 793. 00 143, 596. 00 91, 229. 00 255,897. 60 21, 660. 00 9, 740. 00 600.00 66, 485. 50 $5, 427, 242. 30 5,425, 010.80 . 5, 562, 065. 40 11, 732, 304.40 14,421, 691. 40 13,159,568.40 18, 667,902.90 39, 089,138. 65 53 119,742 90 57, 685, 270.15 43, 242,512.25 33, 211, 313. 25 26,562,207 25 21, 647, 910. 75 1,624,243.60 .. ) -. . : : ......:. .-..•^ • ' : .. ?.. ; ..'........ •... 21,164,854. 00 29, 300, 489. CO • 9, 985, 085. 00 6, 080, 650. 00 7, 222, 805. 00 13, 042, 898. 00 26, 063, 959. 00 15, 522, 365. 00 16, 200, 398. 00 25, 389, 470. OO 17, 927, 785. 00 16; 514, 285. 00 44, 398, 830. 00 20, 400, 030. 00 29, 578, 580. CO 10, 217, 387. 00 8, 049,130. 00 1,489, 4.48. 00 7, 822, 019.00 21,044,412.00 21, 871, 523. 00 9, 446, 626. 00 5,866,004 00 4,981,385.00 10, 773, 004. 00 14, 505, 346. 00 18, 233, 878. 50 20, 486, 304. 00 20, 092, 213. 00 14, 311,170. 00 19, 647,970. 50 29, 008,271.00 28,159, 373. 50 22, 021, 681. 50 16,.638, 873. 00 9,691,685.00 318, 546, 206. CC 295,181,716.00 Total 624,920. 00 401, 266. 00 • 619, 652.'00 . 260, 337. 00 572, 060.00 172, 611. 00 1, 517,446. 00 3,719, 612. 00 1,284, 705.00 440,400.50 3, 550, 000. 00 1, 248, 710.00 - 842, 723. 00 2,140, 905. 50 677, 061. 00 438, 258. 00 413, 855. 00 78, 953. 50 12,717 915 00 20, 572, 706. 00 8, 066, 596.00 4, 440, 283. 00 5,225 027 00 13,133,927 00 26, 907,436. 00 24, 204,843. 00 20, 886, 657. 50 25, 349, 423. 00 19,034,995.00 19, 989,400. 00 43, 895, 336. 50 33,146,190. 00 33,888,335.50 21, 645, 803. 00 12, 642,4G j . CO 4, 361, 214. 50 19, 003, 275. 50 Aggregate. 1867 1868. 1869 1870.. 1871 1872 18-73 1874 1875 1876 1877.......' 1878 1879 1880 1881 1882 1883. . 1884 .,• 1885 1886 1887 ....... 1883 1889 1890..• 1891 1892 .... : : 1. . , . :.... • " Total 81, 490. 00 740, 370. 20 765, 720.20 786,160. 00 3, 017, 070. 60 3. 473,104. 25 2, 333, 321. 25 3, 285, 409. 54 25,915,640.96 32, 494; 647. 00 12, 719, 089. 25 9, 239, .794. 00 10, 606, 903. 25 14, 316, 087. 00 27, 671, 482. 50 24, 455, 846. 25 23. 938,165. 50 3i; 040, 200. 50 31, 449, 552. 00 52, 602, 267. 75 76,129, 898. 25 46,520,686.10 33. .183,136.00 11, 650, n o . 00 10,142, 315. 00 3,180, 207. 00 92, 830.00 602,180.40 . 458, 409. 40 202, 755. 25 1, 307, 527.00 3,374,153.90 3, 241, 778. 00 1, 374. 500. 00 10, 912, 686. 00 24, 324, 687. 30 25,050,755.00 12, 009, 875.50 8, 056, 701. 00 6, 401, 916. 00 12, 344, 798. 90 16, 808, 606. 50 23, 552,279.50 26,857,689.50 28; 462, "225. 00 29, 557, 588. 00 37, 368, 289. 00 50,163,957.45 46. 386,121. 90 33, 633, 889. 00 25, 329, 027. 50 16, 232, 721. 00 491, 718, 6i4. 35 444,-107, 928. 00 126, 849. 80 434,160. 00 1,017,585.35 2, 727, 108. 95 2, 826, 059.30 1,917,602.55 3, 827, 612. 09 900. 00 626, 920. 00 18, 203, 667. 05 401, 266. 00 25, 972, 360. 75 649, 314. 00 12,99L361.00 423,766.50 0,797;513. 00 751, 854. 00 11.596,061.25 172,811.00 10,337,621.25 1, 517,448. do 33,146.858. 85 3, 737, 369. 00 37, 056, 729. 60 1, 284 705. 00 36.157,910.60 972, 300. 50 39, 388,121.10 3,759,116. 00 38. 590, 332.10 1, 392, 306. CO 60. 248, 705. 85 1, 017, 397. 00 97,992.918.10 2, 396, 803.10 91, 952, 843. 65 698, 721. 00 78, 051.1.36.75 447, 998. 00 55. 619, 359.75 414, 255. 00 40,0)8.392.25 182, 369. 00 28, 763, 509. 25 20, 847, 217.10 122 No. REPORT ON T H E FINANCES. T9.—E:5^PENSES I N C U R R E D I N T H E R E D E M P T I O N O F NATIONAL-BANK BY FISCAL* Y E A R S . C h a r g e s for transportation. Tear. 1875 .. 1876 1877 1878 : 1870.. 1880. 1881 . 1882 ..1883 1884 1885 1886 1887 1888 " 1889''.. 1890 1891 1892 .- .. • . . ' ....' S)... :. ' Total No. $158, 227. 39 $12, 290. 72 188, 01.8. 94 9,174. 68 150, 695. 88 . 10,422.-40 136, 580. 63 5,750. 32 133, 956. 27 5,491.82 104, 350. 08 3, 666. 98 89, 564 72 2, 271. 87 2,341.93 87, 593.56 • 86, 213. 35 3, 291. 05 88, 426.79 3, 069.75 -• 93,374 82 2, 784. 96 89, 065.18 4, 354. 54 87, 450. 54 2,484. 32 86, 232. 40 . 3,268.22 85, 974. 55 _ 2, 084.16 83, 841. 30 3,157. 53 78, 989. 85 1, 671. 00 77,131.13. 3, 553. 54 $88, 098.31 159,142.84 189, 862. 05 173,420. 60 98, 298. 75 34, 764. 24 33,843.86 39,203.31 57,190. 86 68. 684.11 85,255.48. 74, 490. 52 48,020.53 51,529. 76 42,413. 56 19,862. 65 18, 536. 54 19,305.54 r.. .Stationery, printing, and binding. Salaries. 1, 905, 684 18 1,301,423.51 81,110.69 Contingent expeiises. Total. $32, 348. 95 8,856.85 6, 585. 97 2,190. 93 3,203.11 947. 09 531. 67 390. 58 896.11 716. 00 444.90 333.11 1,011.61 111.10 738.40 981.91 169.13 603.49 61,060. 91 NOTES, $290, 065. 37 365 193 '31 357 066 10 317, 942 48 240,949.95 143, 728. 39 126 2]2 12 129, 529. 38 147, 592. 27 160, 896. 65 181, 857.-10 188, 243. 35 138, 967. 00 141,141. 48 131,190 67 107, 843. 39 99, 386. 52 100,593. 70 3, 349,279.29 §4>o—BALANCED STATEMENT O F R E C E I P T S AND D E L I V E R I E S O F M O N E Y S B Y THE NATIONAL BANK R E D E M P T I O N A G E N C Y F O R T H E FISCAL Y E A R 1892. Dr. Amount. T o c a s h b a l a n c e J u n e 30, 1 8 9 1 . . . To packages on hand with unb r o k e n seals, J u n e 30, 1891 T o n a t i o n a l - b a n k n o t e s received • $5, 542,271. 65 T o " o v e r s " r e p o r t e d in nationalb a n k n o t e s received for r e demntion / / / / X Total 'Cr; B y n a t i o n a l - b a n k notes, lit for circulation, forwarded to n a tional banks b y express B y n a t i o n a l - b a n k n o t e s , unfit 69, 625,045.73 for circulation, delivered t o 1 t h e Comptroller of t h e C u r ( rency 9,832.70 B y tJnit^ed S t a t e s n o t e s deposi t e d i n t h e T r e a s u r y of t h e TJnited S t a t e s B y p a c k a g e s referred a n d moneys r e t u r n e d '. P>y*express c h a r g e s d e d u c t e d . . B y c o u n t e r f e i t n o t e s rejected and returned B y n a t i o n a l - b a n k notes—less t h a n three-fifths, l a c k i n g sign a t u r e s , a n d stolen—rejected and returned, a n d discount on TJnited S t a t e s c u r r e n c y . . . B y " s b o r t s " r e p o r t e d i u national-bank notes received for redeniption." By packages with unbroken seals... ... B y c a s h b a l a n c e J u n e 30, 1892.. 4L00 75,177,191. 08 Total Amount. $16,676,700.00 52,515,050. 00 - 95,113.00 642, 348. 95 256. 31 2, 529. 60 2,358. 00 - 10, 784.50 5, 232, 044 72 75 177 191 08 123 TREASURER. N o . S t . — B A L A N C E D STATEMENT OF R E C E I P T S AND D E L I V E R I E S OF MONEYS B Y THE NATIONAL JBANK REDEMPTION AGENCY FROM J U L Y 1, 1874, TO J U N E 30,1892. Amount. Dr. To national-bank notes receivecr $2,168,053,18414 for redemption To "overs" reported in. national-banknotes received for 277,829. 33 redemption • • y / / • . / / /• Total • Amount. Cr. By national-bank notes, fit for circulation, deposited in the Treasury and forwarded to national banks by express... $811,409,301.00 By national-bank notes, unfit for circulation, delivered to the Comptroller of the Currency • 1,205, 809, 096.35 By notes of failed and liquidating national banks and United States notes deposited in the Treasury of the United States 133,678,871.40 By packages referred and moneys returned 11, 747, 026. 88 By express charges deducted .. 45, 725. 41 By counterfeit notes rejected and returned ^ 64, 320.85 By national-bank notes-less than three-fifths, lacking signatures, and stolen—rejected and returned, and discount 102,256.92' on United States currency^.. By " s h o r t s " reported in national-bank notes received 242,369.94 for redemption . 5,232,044 72 By cash balance June 30, 1892.. 2,168,331, 01.3.47 2,168,331, 013.47 Total... N o . §*^.—CHANGES DURING T H E FISCAL YEAR 1892 I N THE F O R C E E M P L O Y E D I N THE TREASURER'S OFFICE. Total force in Treasurer's office June 30,1891 Appointed '. Transferred to Treasurer's oifice....Died Resigned. .,. Removed . Transferred from Treasurer's oifice , ^ < . 8 3 *... 3 — 20 .' .. 14 3 — 17 ' 276 3 273 Total force in Treasurer's ofiice June 30,1892. N o . § 3 . — A P P R O P R I A T I O N S MADE FOR T H E F O R C E E M P L O Y E D I N THE TREASURER'S O F F I C E AND SALARIES P A I D DURING T H E FISCAL YEAR 1892. Roll on which paid. Regular r o l l . . . . . . . ... . .^ Reimbursable roll: force employed in redemption of national currency. Total Appropriated. Expended. , Balance unexpended. $273,364 80 $271,637.0^9 $1,727.71 61,800.00 60, 686.71 1,113! 29 335,164 80 332, 323.80 2, 841.00 (No. 2). REPOET OF THE BIRECTOE OE THE MIHT. TREASURY D E P A R T M E N T , B U R E A U OF T H E M I N T , WashmgtonyD. C.^ NQvevnher 1.^ 1893. S I R : A S required by section 345 of the Eevised Statutes, I have the honor to hand you herewith a report of the operations of the mints and assay of&ces of the United States for the hs^.al .year ended June 30, 1892, the iDresent heing* the twentieth annual report of the Director of the Mint and the fourtli of the same series signed by me. DEPOSITS AND PURCHASES OF aOLD AND SILVER.^ Gold.—The gold deposits at the mints and assay oifices of the United States during the fiscal year ended June 30, 1.892, including gold contained in silver deposits and purchases, aggregated 3^573,137.461 standard ounces, of the value of $<)6,476,975.98, against $59,625,678.08 in the preceding fiscal year, an increase of $6,851,297.90. Of the gold deposited, 3,285,815.979 standard ounces, of the value of $61,131,460.04, were original deposits, and 287,321.482 standard ounces, of the value of $5,345,515.94, were redeposits. Of the redeposits $1,085,820.30 consisted of fine bars bearing the stamp of the United States assay ofiice at 'Be.w York, being large gold bars redeposited for small, and $4,259,465.39 were unparted bars,representing the deposits at the minor assay ofiices shipped to the mint at PhiladeliDhia for refining and coinage. Of the gold bullion received at Government institutions during the fiscal year, $31,961,546.11 was the product of our own mines, agahi^t $31,555,116.85 ofthe same class of bullion deposited in the preceding fiscal year, an increase of $406,429.26.. Of the domestic gold bullion received at Grovernment institutions during the year, $17,944,737.53 were fine bars bearing the stamp of private refineries and $14,016,808.58 were unrefined domestic bullion. The disti?ibutioii among producing States and Territories of the unrefined gold deposited at Government institutions duriiig the year AA^IH be found in a table in the Appendix to this report. Foreign gold bullion of the value of $10,935,154.69 and foreign gold coin of the value of $14,040,187.70, a total amount of foreign gold of $24,975,342.39 were deposited and melted at the mints and assay offices during the last fiscal year. Light-weight domestic gold coins were melted for recoinage, of the value of $557,967.86, and old material, consisting of jewelry, plate, etc., containing gold of the valueof $3,636,603.68. ^ • Silver.—The deposits and the purchases of silver, including silver contained in gold deposits, aggregated during the last fiscal year 72,121,268.03 standard ounces, of the coining value ($1.16-i\-per standard ounce, or $1.2929 per fine ounce) of $83,922,930.01, against $83,630,154.31 in the preceding year, an increase of $292,775.70. 124 125 DIRECTOR OF T H E MINT, Of the silver received at Government institutions during the year 640,461.19 standard ounces, ofthe coining value of $745,263.92, were redeposits, so that the original deposits of silver aggregated 71,480,806.84 standard ounces, of the coining value of $83,177,666.09. Of the silver received, 59,513,166.79 standard ounces, of the coining vaiue of $69,251,684.98, consisted of fine bars bearing the stamp of private refineries in the United States. All such bars are classified at Government institutions as of domestic production. As a matter of fiict, such bars contain foreign as well as domestic silver, since nearly all the silver imported into the United States in the form of base bars or contained in miscellaneous ores is reduced at private worlcs in conjunction with domestic ores and no distinction is made in the resulting l>roduct. Of the domestic silver bullion deposited at the mints during theyear, 3,617,442.07 standard ounces, of the coining value of $4,209,387.10, were unrefined silver from the mines of the United States. The distribution of the unrefined silver deposited at Government institutions among producing States and Territories is exhibited in a table in the appendix to this report. Foreign silver bullion, distinctively known as such, containing 1,729,575.36 standard ounces, ofthe coining value of $2,012,596.78, and foreign silver coin, containing 388,502.53 standard ounces, ofthe coining value of $452,075.67, a total amount of foreign silver of the coining value of $2,464,672.45, was received at the mints and melted during the year. Light-weight silver coins of the United States, principally subsidiary pieces transferred from the Treasury to the mints for recoinage, AT ere melted during the year, containing 5,593,907.71 standard ounces of silver, of the coining value of $6,509,274.43. In addition, tra,de dollars were, sold to the Government as bullion and melted, containing 1,921.53 standard ounces of silver, of the coining value of $2,230.96. • ' - . - ' ^' . Old silver, consisting of jewelry, plate, etc.,. was melted during the year, containing 636,290.85 standard ounces, of the coining value of $•740,411.17. The coining value of the gold and silver (not including redeposits) received at the mints and assay offices of the United States, each-fiscal year since 1880 is exhibited in the following table: VALUE o r THE GOLD AND SILVICR (NOT INCLUDING REDEPOSITS) RECEIVED THE MINTS AND ASSAY O F F I C E S , 1880-1892. . Fiscal years. ]830 1881 1S32 1883 1SS4 18S§ 1836 ]SS7 18SS IBS') 1800.' 3891 1892 $98, 8B5, 096 130, 833,102 66, 750, 652. 40, 347,106 40, 326, 678 52, 894, 075 44, OOD, 749 08, 223, 072 72, 225, 497 42,136, 436 42,003,095 48, 485, 801 01,131, 400 :..• '. • '. .. , - Silver (ooiuhig v a l u e ) . Gold. : , -, '. .,..- $34,640,522' 30, 791,146 33,720,491 - . 36, 869, 834 36,520,290 36, 789, 774 35, 494 183 47,756,918 ^41,331,014 41, 238,151 42,644J719 71, 985, 985 83,177,666 Total value. $133,475,618 161, 624, 248 100, 477,143 83, 216, 940 82, 846, 968 89, 683, 849 80,403, 932 115,979,990 , 113,556, 511 83, 374, 587 85, 307, 814 120,471,786 144,309,126 AT 126 REPORT ON THE FINANCES. The usual tables, exhibiting"", by weight and value, the deposits and purchases of gold and silver at each of the mints and assay offices, will be found in the Appendix. COINAaE. The coinage executed at the four coinagemints of theUnited States, located at Philadelphia, San Francisco, Carson City, and l^ew Orleans, aggregated during the last fiscal year 113,556,124 |)ieces, of the nominal value of $51,792,976.52. ^^ . The gold coinage consisted of 2,954,185 pieces, of the value of $35,506,987.50, of which $21,725,600 were in double eagles, $8,921,530 in eagles, $4,840,955 in half eagles, and $18,902.50 iii quarter eagles. The silver coinage consisted of 8,329,467 silver dollars and $971,016.50 in half dollars, $3,023,331 in quarter dollars, and $2,665,464.10 in dimes. The minor coinage executed at the mint at Philadelphia aggregated 61,582,474 pieces, of the nominal value of $1,296,710.42, of which 17,022,142 pieces, of the nominal value of $851,107.10, consisted of nickel five-cent pieces, and 44,560,332 pieces, of the nominal value of $445,603.32, of one-cent bronze pieces. The coinage of the mints during the last fiscal year is recapitulated in the following table: . ^ ^ COINAGE, F I S C A L Y E A R 1892. Pescription. " Pieces. Gold........ Silver dollars S u b s i d i a r y sUver coins M i n o r coins Total Value. 2, 954,185 8, 329, 467 40, 689, 998 61, 582,474 ;35, 506,.987. 50 8, 329, 467. 00 6, 659', 811. 60 1, 296, 710. 42 113, 556,124 51, 792, 976. 52 In the Appendix will be found, the usual tables exhibiting, by institutions and by denominations, the coins struck at the mints during the fiscal year 1892 and.also during the calendar year 1891, , A table is also presented exhibiting the coinage of the mints each calendar year since the organization of the mint in 1792 to the close of the fiscal year 1892. a O L D AND S I L V E R BARS MANUFACTURED, In addition to the coinage of .the mints, gold and silver bars were manufactured during the fiscal year of the value of $43,255,822.51, as follows: . . BARS MAN^UFACTURED, 1892. Description. Gold Silver .... Total Value. . . . .. $36,125,552.39 . 7,130,270.12 43, 255, 822. 51 127 DIRECTOR OF T H E MINT. MEDALS AND DIES MANUFACTURED. During the last fiscalyear 1,545 dies were prepared in the engraving department ofthe mint at Philadelphia, as exhibited in the following table: ' • D I E S MANUFACIURED, 1892. ISTuniber. Description. Gold coinage Silver coinage Minor coinage Proof coinage IsTew coins, original dies . . ISTew coins, >vorl<ing hubs. Annual assay medals Jeanette medal and riclor . 210 858 436 24 6 6 . 2 3 . Total . The number of medals manufactured aggregated 1,872, distributed as follows: , MEDALS MANUFACTURED, 1892. IsTumlDer. Description. -. Gold Silver Bron ze 82 • 736 1, 038. •16 ". 1,872 Total The detailed description of the medals manufactured during the year will be found in the Appendix to this report. The following table exliibits the number of medals and proof sets, as well as single-proof coins, sold during the year: MEDALS AND P R O O F COINS SOLD, iSTumber. Description. . Medals: Gold Silver Bronze 1802. '. Value. • 77 901 2,139 $3, 972. 88 1, 010. 87 1,177. 69 3,117 6,16L 44 16 6.00 -72 1,199 1, 891 2, 772.00 2, 997. 50 151. 28 '3,162 5, 920. 78 77 649. 25 -- T o t a l Proof^sets: Gold Silver ' Minor .; Total Single proof ]»ieccs: Gold proof p l . x c s . • 128 REPORT ON THE FINANCES. The net profit realized from the sale of medals and proof coins during the year was $2,415.26, distributed during the four quarters of the year as follows: NET PROFITS ON MEDALS, 1892. Quarters. Amount. Quarter e n d i n g S e p t e m b e r 30,1891 :.... J u n e 30 1892 $875. 66 386. 07 624 26 529.27 T o t a l ..". 2, 415. 26 D e c e m b e r 31,1891 . . . ^ ' M a r c l i 31,1892 ..• , GOLD BARS EXCHANCiED FOR GOLD COIN. During the fiscal year gold bars exclusively for use in the industrial arts were exchanged for gold coin, at the mint at Philadelphia and the assay office at New York, of the value of $8,718,666.44, as exhibited in the followin2: table: ' ^ FINE GOLD Months. BARS EXCHANGED FOR Philadelphia. GOLD COIN, New Tork. 1892. Total. 1891 $185, 570. 00 55, 327. 35 $-179, 530. 22 614,837.04 730, 056.16 782,693.40 704, 740. 33 475, 214. 89 Jamiary 85, 327. 49 519, 020. 36 604, 94.7. 85 February 95, 326. 57 6-18, 8.52. 36 744,178. 93 March 115, 523. 92 735, 727. 04 851, 250. 96 April 85, 358. 20 583, 381.13 668,739. 33 95, 483. 21 532,237.45 627, 720. 66. 115, 909. 52 636,165. 69 752, 075. 21 1, 275, 610. 37 7, 443, 056. 07 !, 718, 066. 44 Jnly August September October November December ,.. - . . 115, 420. 97 .. 115, 569. 28 115,493.00 95, 300. 74 -$665,100. 28 730, 258- 01 84:5, G25. 44 ., 808, ISO. i(j 800, 041. 07 530, 542: 24 1892, May -.. J u u e '. Total WORK OF GOVERNMENT R E F I N E R I E S . The acid refineries of the coinage mints and of the assay office at INew York operated during the last fiscal year on bullion containing 6,845,054.702 standard ounces of gold and silver, of the value of $28,412,097.92, as exhibited in the following table: 129 DIRECTOR OF T H E MINT. P R O D U C T OF ACID R E F I N E R I E S ; Bullion. 1892. Standard ounces. I Gold Silver 1,172, 348. 262 5, 672, 706.440 Total . Value. ^ $21, 811,130.45 1 6, 600, 967.47 j 6, 845,054. 702 28,412,097.92 The weight and value of the precious metals treated in the refinery of each of the institutions is exhibited in the following table: R E F I N I N G ( B Y A C I D ), 1892. - Gold. Gros o u n c e s . Institutions. P h i l a d e l p h i a . . . 1,082, 344.08^ 907, 413. 24' San F r a n c i s c o . 1, 225, 5G1. 45 Carson ' 12, 376. 43 New Orleans... 3, 611, 593. 34 New York Standard ounces. 295,162.403 207,403.295 70, SSS. 167 6, 265.155 599,216.067 . T o t a l . . . . 6, 839, 288. 54 1,178, 935. 087 Silver. Value. Total value. - Standard ounces. .Value. 846,164.42 $5,491,393.54 $984,627. 68 $6, 476, 021. 22 733,773. 09 3, 858, 665. 95 853,845. 05 4, 712, 511. 00 1,318, 849. 61 1, 236, 528. 53 1, 438, 869. 56 2, 757,719.17 116, 561. 02 5, 604. 89 6, 522. 05 • 123, 083.07 11,148, 205. 90 2, 972,823. 87 3, 459, 285. 95 14,607,494 85 321,93,676.02 5, 794, 894 80 6, 743,150. 20 •28, 676, 826. 31 PURCHASES OF SILVER. The purchases of silver by the G-overnment during the fiscal year ended June 30,1892, were all made under the mandatory provisions of the act of July 14, 1890, requiring the purchase of 4,500,000 ounces in each month. The amount purchased by the Treasury Department on telegraphic ofiers in lots of over 10,000 ounces was 49,112,327.39 fine ounces, costing $46,254,520.73. The purchases of silver at the coinage mints in lots of less than 10,000 ounceS; aggregated 4,942,414.04 fine ounces, costing $4,662,203.89. Silver contained in gold deposits and in bar charges, including fractional remnants of trade-dollar bullion of less value than one dollar, was purchased, aggregating 200,995.71 fine ounces, costing $189,883.36. The total amount purchased during the last fiscal year under the provisions of the act of July 14, 1890, as above enumerated, aggregated 54,355,748.10 fine ounces, at a cost of $51,106,608.01. The average cost of the silver purchased during the year was $0.94 per fine ounce. The following table exhibits the quantity and cost of silver purchased under the act of July 14, 1890, during the fiscal year at each of the coinage mints: DELIVERIES ON PURCHASES OF SILVER^ UNDER YEAR 1892. A C T OF J U L Y l i , 1890, FISCAL Fine ounces. Cost. Philadelphia San Francisco N e w Orleans...-. Carson 41,574,174.11 6,841, 407.46 4,708, 501.99 1,231,664 54 $39, 035, 370. 26 6,485, 363. 68 4,421,833.611,164, 040.46 Total 54, 355,748.10 51,106, 608. 01 Mints. "^ FI 9 2 - - - - 9 130 REPORT ON T H E FINANCES. The accompanying table is a recapitulation of the purchases and mode of acquisition under the act of July 14, ,1890: BULLION D E L I V E R E D ON S I L V E R PURCHASES UNDER A C T OF J U L Y 14, 1890, YEAR 1892. Mode of acquisition. Purchased hy Treasury Department (lots of over 10,000 ounces) Pnrchased at mints (lots of less than 10,000 ounces) Partings, bar charges and fractions, including .32 of a fine ounce, costin*^ 42 cents transferred from trade-dollar bu llion FISCAL Fine ounces. Cost. 49,212,328.38 4, 942, 414. 02 $46, 254^ 520.76 4, 662, 203. 89 • 200,995.70 189,883. 36 54, 355, 748.10 51,106, 608. 01 The amount of silver offered foi: sale to the Government during the fiscal year aggregated 97,803,300 fine ounces. The accompanying table exhibits the ofi'ers and' purchases of silver during the fiscal year,under the act of July 14, 1890: SILVER OFFERED, PURCHASED, AND COST OF SAME, DURING 1892, UNDER T H E A C T OF J U L Y 14, 1890. Date. Julyl... July 3 July 6 Julys F i n e ounces. 1, 035, 000 1,115,000 1, 437, 000 1, 262, 000 1,162,000 1, 091, 000 870,000 1, 625, 000 1, 661, 000 ;... •- J u l y 10 J u l y 13 J u l y 15 1J u l y 17 J u l y 20 Local purchases T o t a l for J u l y . August 3 August 5 August 7 A u g u s t 10 A n g u s t 14 A u g u s t 17 A u g u s l 19 Local purchases 11,258,000 - T o t a l for A u g n s t . September? , September 4 September 7 , September 9 S e p t e m b e r 11 September 14 S e p t e m b e r 16 Local purchases. Totalfor September. Offers. 1,694,000 2,174,000 1, 221, 000 1,700, 000 1, 868, 500 1,568,000 924, 600 11,150,100 924, 000 1, 494,000 325,000 . 926,000 1, 288, 000 1, 468, 000 750, 000 •^ 7,175, 000 THE FISCAL A m o n n t purchased. F i n e ounces. 570, 000. 00 520, 000. 00 635; 000.00 645, 000.00 449, 000. 00< 195, 000. 00 325, ooo: 00 400, 000. 00 575,000. 00 "244, 456. 04 4,558,456.04 YEAR Cost. $582, 095.00 529,161. 00 644,281. 50 652, 833.50 452, p42,50 196, 487. 50 329, 295. 00 403,750.' 00 577,150.00 ' 246, 772.14 4,614,468.14 876,000.00 910,000. 00 264, 000. 00 695,000. 00 519,500. 00 272, 000. 00 280, 000. 00 676, 540. 92 883,100. 25 914,984. 00 264,171. 00 691,132. 50 517, 533.12 269, 761.25 276, 738. 00 685,946.60 4, 493, 040. 92 4,503, 366. 72 679, 000. 00 878, 000. 00 250,000. 00 650, 000. 00 913,000.00 343, 000. 00 350, 000. 00 443, 474.15 667,758.50 862, 434. 00 245,600.00 640,480. 00 901, 731.00 336, 450.00 339,925.00 434, 331. 68 4,506,47415 4,428, 710.18 DIRECTOR OF THE MINT. 131 SILVER OFFERED, PURCHASED, AND COST OF .'^A.ME, ETC.—Continued. ^Date. October 2 - October 5 Offers. A m o u n t purchased. , F i n e ounces. F m e ounces. 1, 698,000 799,000. 00 $779, 700.00 1,519,000 682,000.00 661, 460.00 , 605,660. 00 362j 118. 50 October 7 . . . : 775, 000 October 9 822, 000 Octoher 12 987, 000 500, 000, 00 O c t o b e r 1.4 1, 378, 000 1, 048, 000. 00 October 16 810,000 Local purchases T o t a l for O c t o b e r . November 2 i Cost. • 625,000.00 37^, 000. 00 130, 000. 00 487, 381. 00 1, 018,791. 00 125, 335.00 378, 989. 76 784 66. 7, 989, 000 4, 534, 989. 76 4, 410, 230.16 1, 203, 000 418, 000. 00 400, 285. 00 November 4 1, 685, 000 763, 000. 00 November 6 1, 004, 000 475, 000. 00 724, 350. 00 450, 062. 50 November 9 - 724,000 \ 89,000.00 543,000 443,'000.00 N o v e m b e r 11 N o v e m b e r 13 " N o v e m b e r 16 N o v e m b e r 18 r N o v e m b e r 20 • 974,000 674,000. 00 959,000 409, 000. 00 606, 000 436, 000. 00 808, 000 L o c a l ]Durchases T o t a l for N o v e m b e r . December 2 December 4 Deceinber 7 303, 930. 00 501, 4, 554, 482.26 4, 327, 729. 32 808, 000 1, 028, 000, 629, 000. 00 734, 000. 00. 347, 000. 00 546, 000. 00 20, 000. 00 2.50, 000. 00 708, 000. 00 779, 000. 00 489, 490.93 595, 589.00 700, 330. 50 330, 867. 60 522, 423. 50 4, 502, 490.93 4, 300, 002. 30 497, 000 691,000 :' D e c e m b e r 14 475,000 726, 000 D e c e m b e r 16 1, 068, 000 D e c e m b e r 18 1, 083, 000 Local purchases T o t a l for D e c e m b e r . 387, 163. 50 413, 447.50 8, 506, 000 : December 9 . . D e c e m b e r 11 320, 000. 00 527,482. 26 .84, 697.50 422, 252. 00 639, 737. 50 6, 376, 000 .19, 150. 00 240, 000. 00 677, 418. 50 745, 409.00 814.20 1892. January 4 2, 025, 000 . 564, 000. 00 536, 850. 00 January 6 2,121, 000 1,120, 000. 00 1, 063,380.00 January 8 1,952,000 1, 095, 000. 00 I, 034,680. 00 J a n u a r y 11 1, 376, 000 450, 000. 00 420, 870.00 J a n u a r y 13 778, 000 182, 000.00 168, 997. 00 J a n u a r y 15 462, 000 262, 000. 00 J a n u a r y 18 964,000 Local p nrchases T o t a l for J a n u a r y . 9, 678, 000 300,000.00 . 244,937. 60 280, 200. 00 533, 535. 30 504, 077.51 4, 506,535. 30 992.11 February 1 1, 234, 000 400, 000. 00 390. 00 February 3 639, 000 439, 000. 00 ,413. 75 960, 000 360,000.00 577,000 460, 000. 00 275, 000. 00 328, 879. 00 418, 167. 50 249, 350. 00 Februar}' 5 , — February 8 F e b r u a r y 10 '.. 377,000 F e b r u a r y 12 714, 000 159, 000. 00 F e b r u a r y 15 850, 000 428, 000. 00 F e b r u a r y 17 734, 000 559, 000. 00 FebruarylO 690,000 455, 000. 00 512, 455. 00 ,413, 177.50 880,600 i30, 600,00 393, 181.05 F e b r u a r y 24 ,.,.... 143, 965. 00 388, 190. 00 132 REPORT ON T H E FINANCES. S I L V E R O F F E R E D , P U R C H A S E D , AND COST O F SAME, ETC.—Continued. D.ate. 18.92. F e b r u a r y 26 Offers. F i n e ounces. 350, 000 Local purchases . T o t a l for F e b r u a r y . 8,005,600 March2 March 4 March 7 March 9 M a r c h 11 M a r c h 14 M a r c h 16 M a r c h 18 . . . . * . ' . . . . . M a r c h 21 '..... 728, 000 843,'ooo 999,000 783,000 714, 000 585,000 472, 000 717,000 921, 000 682, 000 939,000 M a r c h 23 M a r c h 25 Local purchases T o t a l for Marcli . . . Aprill April4 April 6 April 8 Aprilll A p r i l 13 A p r i l 15 :... A p r i l 18 A p r i l 20 A p r i l 22 A p r i l 25 A p r i l 27 : L o c a l i3urchase^s . T o t a l for A p r i l . May2 May 4 May 6 May 9 M a y 11 . . . . y M a y 13 . . . . ! M a y 16 M a y 18 '......... May20 M a y 23 1.. M a y 25 Local purchases T o t a l for M a y . A m o u n t x)urchased. F i n e oicnccK. 100, 000. 00 428, 661. 58 4,- 494, 261. 58 $$90, 825. 00 390,009.07 4, 092, 003. 47 354, 341. 25 432, 102. 50 454, 283. 50 316, 825.10 431, 626. 00 321, 394. 50 226, 325. 00 439, 343. 00 543, 771. 00 133, 675.00 150, 118. 00 276, 003.46 8, 383, 000 4 51.0, 740. 01 455, 000 885,000 400, 000 324, 000 440, 000 608,000 190, 000 554 000 64.8, OOO 941, 000 549, 000 343, 000 325, 000. 00 494; 000. 00 220, 000. 00 224 QOO. 00 290, 000. 00 420 000. 00 60, 000-. 00 245, 000. 00 543, 000. 00 595, 000. 00 380, coo. 00 22B, 000. 00 489, 039. 69 -4,079,808.31 284, 455. 00 433, 967. 00 189, 911. 80 193, 705. 00 253,120. 00 363, 657. 00 51, 975.' 00 212,945.00 475, 316. fiO 523, 376. 50 331, 245. 00 194, 943. 50 426, SOS. 05 3,935, 425. 75 6, 337, 000 443, 600 1,193, 000 431,000 1, 024, 000 291,000 635,000 730, 000 391,000 680, 000 874, 000 645, 000 313, 600. 00 420, 000. 00 281, 000. 00 536, 000. 00 263, 000.00 520, 000. 00 216,000. 00 ' 291, 000. 00 455, 000. 00 510,000.00 495, 000. 00 275, 789. 42 273, 971. 98 367, 045. 00 244, 859. 20 468, 944. 80 229, 823.00 459, 614. 00 .191, 031.00 256, 651.75 403,1.13. 75 450, 585. 00 436, 217. 00 242,819. 98 7, 337, 600 4, 576, 389.42 4, 024, 676. 46 June 1 June-3 "...June 6 June 8 June10 J u n e 13 J u n e 15 J u n e 17 Local purchases 1, 023, 000 580,000 605, 000 822, 000 535, 000 534, 000 735,000 774,000 6-48, 000. 00 430, 000. 00 463, 000. 00 718, 000. 00 275, 000. 00 334, 000.00 508, 000. 00 729, 000.00 348, 219. 56 T o t a l for J u n e . 5, 608, OCio 4 453,219.56 Cost. 3, 995, 264. 95 DIRECTOR OF THE MINT. B E C A P I T U L A T I O N .BY M O N T H L Y T O T A L S . Date. Offers 1891. J"iy Angust September October Noveniber December : -.... ^ A m o u n t purchased. Cost: F i n e ounces. 11,258,000 11,150,100 7,175' 000 7, 089, 000 8, 506, 000 6, 376, 000 F i n e ounces. -4, 558, 456. 04 4, 493, 040.92 4, 500, 4 7 4 1 5 4,534, 989. 76 4, 554, 482. 26 4 502, 490.93 $4, 614, 468.14 4,503,366.72 4, 428, 710. IS 4, 410, 230.16 4, 327, 729. 32 4, 800, 002. 30 • 9, 678, 000 •8, 005, 600 8,383,000 6, 337, 000 7, 3.37,600 " 5,608,000 .4,506,535.30 4,494, 261. 58 4, 510, 740. 01 4, 508, 039. 69 4,576,389.42 4, 453, 219. 56 4, 2.53i 992.11 4,092, 003. 47 4, 079, 8.08. 31 3, 935, 425,75 4, 024, 676.46 3, 995, 264 94 , 803, 300 52,199,119. 62 50, 965, 677. 87 1892. January February • March April May June -.~.. Total The mandatory coinage of 2,000,000 ounces of silver, purchased under the act of July 14, 1890, into silver dollars, ceased at the close of the fiscal year ended June 30, 1891, and during the past fiscal year only a limited coinage of dollars was executed from such bullion. The quantity and cost of silver used in this coinage was 2,669,128.95 fine ounces, costing $2,577,838.19, while 18,497.48 fine ounces, costing $18,073,24 were wasted and sold in sweeps, leaving a balance of uncoined silver purchased under the act of July 14^ 1S90, on hand at the coinage mints June 30, 1892, of 78,927,665.42 fine ounces, costing $76,314,868.17,.distributed as follows: SILVER BULLION PURCHASED UNDER ACT OF J U L Y 14, 1890, UNCOINED JUNE 30, 1892. Mints. Fine ounces. Cost. Philadelphia-. San Pra.nCisco N e w Orleans . Carson..' 66,849,319.46 7,488,626.82 4,126, 341. 67 403, 377. 47 .$64, 851,.529. 44 .. 7,158, 066. .58 3, 878, 919. 30 426, 352. 85 T o t a l .^. 78, 927, 665. 42 76, 314, 868.17 Shortly after April 1, 1873,. when the act of .February 12,1873, revising the coinage laws ofthe United States, went into effect, the Government commenced the purchase of silver in order to supply a fand, as required by that act, from which depositors of silver for fine bars and for trade dollars authorized to be coined therein could be. promptly paid, as well as to furnish silver for such subsidiary coin as might be required by the Government. ]N'early all the silver acquired under this act was purchased for delivery at the mints at Sail Francisco and Oarson City, for the reason that the States and Territories contiguous to these mints were at that time the principal sources of the production of silver. The act of January 14, 1875, known as the specie resumption act, directed the purchase and coinage into subsidiary silver coins of a 134 REPORT ON THE FINANCES. sufficient amount to replace the fractional currency in circulation. For this iDurpose there was purchased in the next three years no less than 31,605,905.87 ounces of silver. , By reason of the facilities with which slripments of silver could be made from San Francisco to oriental countries the price of silver on the Pacific coast was generally higher than the price in London. Upon the passage of the act of February 28, 1878, remonetizing the silver dollar and directing the purchase and coinage into silver dollars of not less than $2,000,000 worth of silver monthly, sellers of silver on the Pacific coast demanded a price of from 1 to 2 cents an ounce more than silver could be bought in the London market and delivered at the mints of the United States. . ' For this reason recourse was had by the Secretary of the Treasury to the London market, adid some 5,000,000 ounces of silver were purchased there for delivery at the Philadelphia mint. After this it was not necessary to resort to the London market, as all the silver required was readily procured either in San Francisco or in 'New York at the market price. Prior to 1879 the greater part of the silver required by the Government was purchased in the markets of the Pacific coast, but this was changed by the large falling off in the silver product of ISTevada and the large increase in the silver product of States and Territories penetrated by railroads from the East, and the consequent facilities with which ores could be shipped to the eastern smelting and refining works for reduction. Moreover, in recent years the demand for silver upon the part of China and otheroriental countries has fallen off very largely, and in consequence the silver product of the country seeks the most available outlet, which is through the New York market, where it is either sold to the Government or shipped to London. Ofthe silver purchased under the act of July-14, 1890, from August 13,1890, to November 1, 1892, 103,047,180 fine ounces out of a total amount purchased of 120,479,981 were delivered at eastern mints, the principal portion at the Philadelphia mint. The aggregate amount of silver bullion purchased under the act of July 14, 1890, from August 13, 1890, to JSTovember 1, 1892, was 120,479,981 fine ounces, costing $116,783,590, an average cost of |0.969 per fine ounce. In addition to the silver dollars coined under the act of July 14,1890, there were coined from the balance of trade-dollar bullion on hand June 30, in,accordance with the provisions of the act ofMarch 3,1891, , 4,878,472 silver dollars. The total coinage of silver dollars during the fiscal year and the total seigniorage on such coinage are shown in the following table: COINAGE OF S I L V E R DOLLARS, F I S C A L Y E A R Act. J u l y 14,1890 A r c h 3,1891 Total 1892. DoUars coined. Seignorage. 3, 450, 995 4, 878,472 .$873,156.81 57, 330. 60 8,329,467 930,487.41 DIRECTOR OF THE MINT. 135 The total coinageof silver dollars from March 1,1878, to iN"ovember 1, 1892, is shown in the following table: Coinage. February 28,1878 July 14,1890. March 3,1.891 (trade-dollar bullion). $378,166, 793 33,167,570 5, 078, 472 Total 416, 412, 835 COURSE OF _ SILVER. The fluctuations in the. price of silver daring the last fiscal year, while not covering so wide a range as in some previous years, Avere considerable, with a continued downward tendency. There were occasional rallies in the price caused by temporary improvements in the rate of Indian exchanges or continental demands for silver. As soon as these demands were supplied the price immediately declined, in inaiuy cases below the point of previous advance. At the commencement of the fiscal year July 1, 1891, silver was quoted in the London market at 46f pence (0,925 fine, JBritish standard), equivalent at the par of exchange to $1.0165 per fine ounce. The xu'ice in JSTew York at the same date was $1,02|. ', The opening quotations were the highest in either market during the year. ' From the 1st to the 13th of.July the price steadily declined until it reached 45^- pence, equivalent to $1.00549 per fine ounce. From this date there was a sharp rally to 46^ pence, due to a demand for silver for Spain and Portugal. Large sales of silver were immediately made upon the advance by sellers to realize. The price again declined, until on the 21st it had reached 45f pence, equal to $1 per fine ounce. On the 22d the price suddenly arose to 46^, equal tb $1.0111, and closed on the 31st of the month at '46 pence, equal to $1.00837". . During the month of August the price declined from -the opening rate, 46-i^- pence, equal to $1.00974 per fine ounce, to 45 ^V pence, equal to $0.98784 per fine ounce, being a decline of over 2 cents per ounce. In September the i)rice rallied, and closed at 45^ pence, equa^l to $1,00563. in October, however, the price declined to 44-iV pence, equal to $0.9659 per fine ounce. After this date the price steadily declined, until on the-28th of March, 1892, it had reached 39 pence, equal to $0.8549 per fine ounce, the lowest price on record up to that date. From this time forward the price gradually improved, closing May 31 at 40^^, equal to $0.8833 per fine ounce. The opening iDrice for June was 4 0 | pence, equal to $0,886, and the closing price 40J pence, equal to $0,876 per fine ounce. The difference between the opening and closing jDrice for the year shows a decline of $0.14 per ounce during the year. Since July 1, 1892, the price still further declined^ until on August 11 it had reached 37 J pence, equivalent at par of exchange to $0.83 per fine ounce, the lowest price silver has ever reached. From this date tbe price has advanced slightly. 136 REPORT ON THE FINANCES. At this writing, E"ovember 1, the London price is 39J pence, equal to $0.86 per fine ounce. The highest price of silver during the fiscal year was $1.0165 per fine ounce, at which rate the value of the silver contained in the silver dollar was $0,786; at the lowest price ($0,855), per ounce fine, it was $0.66; at the average ($0,937), $0,724. The value o f t h e silver contained in a silver dollar at the lowest price of silver since the close of the fiscal year was $0,642. A t the present writing, IS'ovem.ber 1, the value is $0.86. The following table exhibits the va;lue of the pure silver in a silver dollar, reckoned at the commercial price of silver bullion from $0.80. to $1.2929 (parity of our coining rate), per ounce fine. VALUE OF. THE S I L V E R IN A S I L V E R DOLLAR, P R I C E OF S I L V E R BULLION F R O M - 8 0 CENTS OUNCE. "' the •Price of sil- Vpaulruee sof ilver ver per - in a silver fine o u n c e . dollar. $0. 80 P r i c e of SilA'-er p e r fine o u n c e . .634 \642 . 049 .657 .665 .673 .85 . 86 : 87 • .88 .89 .90 .91 .92 .93 .94 .95 .96 Value ofthe V a l u e of t h e p u r e sUver P r i c e of sil- p u r e s i l v e r ver per in a s i l v e r in a s i l v e r line o u n c e . dollar. dollar. $0. 750 $0. 97 .98 .99 1.00 1,01 1. 02 1.03 1. 04 1. 05 1.06. L07 1.'08 1.09 LIO Lll 1.12 • 413 $0. 619 .620 .81 .82 .83 .84 . 681 . OSS .696 .704 .712 . .71.9 . 727 •; 735 . 742 RECKONED AT THE COMMERCIAL TO $1.2929 ( P A R I T Y ) , P E R F I N E • , $0. 882 .889 .897 . 905 .913 '.920 $1.14 1.15 1.16, .758 .766 . 773 .781. . 789 .707 4 17 1.18 L1.9 1. 20 1. 21 1. 22 1. 23 1. 24 . .804 . . ST2 .820 . 828 • «35 .843 . 851 .8.59 . 806 . 928 .936 .944 .951 .959 .967 • 4 25 4 26 1. 27 1. 28 1. 29 ,==^4 2929 .874 .975 ' . 982 .990 .998 1. 000 '^Parity. The commercial value of the pure silver contained in the silver dob lar has been annually since 1873, at the average price of each year, as follows: BULLION V A L U E OF THE SILVER DOLLAR/ AT THE • 1873-1891. • AVERAGE PRICE OF SILVER, ' • Value. Calendar years. • 1873 ] 874 1875 3870 ..... ]877 . 3878.... 1879 1880....... . . . . ]SS1 1882................ . . .' ...........v.. $1,004 .988 .964 .894 .929 .891 . . SOS . 886 . SSI ;S78' Value. Calendar years. 1883 1884 1885 1886..... 18S71888 1.889 1800 . . . .1891 ' •. :. ....' • .. . ........... - . $0.858 .861 . 823 .769 .758 .727 .724 .809 .764 DIRECTOR OF THE 137 MINT. The highest, lowest, and average price each month daring the fiscal year, and also during the calendar year 1891, is s^hown in the following tables: ' .• H I G H E S T , L O W E S T , AND A V E R A G E P R I C E OF S I L V E R BULLION, AND VALUE OF A F I N E OUNCE, E A C H M O N T H D U R I N G THE F I S C A L Y E A R 1892. Months. Highest. Lowest. Average, price per ounce British standard .925. . 1891. Pence. Pence. Pence. -July August September October Novernber December 46-g46^ 45T% . . 45| 45xV 44| 45 44T^, 44iV 44i 43i^ 43i Equivalent value- of a fine o u n c e w i t h exchange at p a r $4.8665. Equivalent Average v a l u e o f a fine A v e r a g e monthly ounce, based monthly price a t average New York N e w Y o r k m on o n t h l y p r i c e p r i c e of of tine b a r a n d a,verage exchange silver. r a t e of on L o n d o u . exchange. 46.002 45.112 45. 016 44.555 43.690 43.775 $1.00841 .9SS90 .98680 . 97669 .95773 .95959 $4. 8688 4. 8737 " 4.8405 4.8353 4. 8372 4.8432 $1.00825 .99399 .97767 .97046 .95257 .95517 42. 830 41. 460 40.087 39. 703 40. 060 40. 564 . 93888 . 90885 . 87875 . 86583 . 8781.6 . SS921 4. 8525 4. 8754 4.8775 4. 8417 4. 8788 4. 8839 .93515 .91106 . 89699 . 87229 .88029 .89298 42. 737-f . 93648+ 4. 8590+ . 93723-f .$1. 01586 , .99610 .98240 .96972 .95277 .95639 1892. 4K| • . 41.| • 41}g 41'^ March A pril........ May :. 40^ 394 40§ , 39B June 4H 40TV January February 39 - Averao'e .93494 . 91.198' .89907 .87379 .88120 . 89430 939 04-i- H I G H E S T , L O W E S T , AND A V E R A G E P R I C E O F . S I L V E R BULLION, AND V A L U E OF A F I N E OUNCE, EACH M O N T H DURING THE CALENDAR YEAR 1891. Months. Janaary February March April May June Julv August September..... October November.' December Highest price, pence. . .Lowest price, pence. 48246| 46| 441 45JV 44-1 45 •43^ 45^ 444 46 • 444 46-^ 45| 46^ 45,-^0 4-5i% : 44| 45 . 44,^^ 44J^ 43^ 441 43^ Average Equivalent Average Equivalent A v e r a g e v a l u e o f a fine A v e r a g e v a l u e of a price per monthly o u n c e based monthly fine o u n c e ounce, price at on a v e r a g e • witli exBritish New York monthly price New York stanciard c h a n 2;e a t par. of e x c h a n g e a n d a v e r a g e price of fine bar silver. _.$4.r8665. .'925. on L o n d o n . r a t e of exchange. 47.939 45. 547 44.928 44. 528 44.481 44. 973 46.002 45. 412 45;016 44. 555 43. 690 43.775 45. 0 7 0 + $1.05085 .99844 .98487 . 97610 .97507 .98586 1. 00841 .99548 '.98680 . 97669 .95773 .95959 . 98799+ $4.8637 4.8772 4. 8836 4. 8849 4. 8840 4.8861 4. 8688 4. 8737 4. 8405 . 4.8353 4. 8372 4.8432 4. 8648+ $1.05034 1.00202 .98854 .99453 '^ . 97805 .98924 1.00825 .99399 . .97767 .97046 .95257 ,95517 . 98840-f: $1.05560 1.00.521 • .99074' .98015 .98355 .99557 1 0158G .99610 . 98240 .96972 . 95277 . 95639 .99033 + The exports of silver from London to India, China, and the Straits, during the first nine months of the present calendar year, from January 1, 1892, to October 6, 1892, were £8,325,098, against£4,899,621 in the correj^ponding period of I89I3 showing an increase of £3,425,477, 138 REPOET ON THE FINANCES. The exports of silver from London to India, China, and the Straits, each year since 1881, have been as follows: E X P O R T S OF S I L V E R TO THE Years. 1881 188^ 1883 ' .. 1884 1885 ' 1886 : 1887 188S . -'. 1889 1890 1891 i 1892 (first n i n e m o n t h s ) India. . . :.-....-. Total • EAST. China. $12,-375,-61.2 18, 604, 945 IS, 040,140 26, 073, 909 30;913, 667 21,159, 591 19,798,328 21,162,116. 28,382,786^ 35, 673,177 21, 71.7, 992 26, 533, 613 J 3 , 898,-860 1, 584, 318 4, 212, 574 280, 445, 876 27, 820, 373 Straits. $3, 577,729 7, 354, 255 11,189, 631 5, 018,714 8,136,097 3,160, 315 3,108,146 1, 769,425 2, 892, 064 1, 427,179 . 2,766,946 1,153,002 3, 219, 321 2,731, 861 8,181,141 1, 284,498 4,441,197 1,1.77, 620 10, 754, 800 402, 007 ~ 13,578, 469 79,199,796 Total. $19, 852, 201 27 543 518 33, 442, 345 39, 228,720 37,182,128 25, 821,080 23, 992,453 • ^ 25, 534, 439 39,305,788 41,398,872 33, 650, 412 40, 514, 089 387, 466, 045 The net imports of silver into British India and the amount of council bills sold during tlie last eighteen English official years (ended March 31 of each year) have been as follows': . Tears. • Net imports of silver. A m o u n t of council bills sold. A m o u n t of ISTet i m p o r t s council bills' of s i l v e r . sold. Tears. $22,580,560 $52, 700, 715 lSS5-'86 7, 543, 075 1SS0-'S7 *". ... 60,294,052 35, 038, SOO . 61,781,106 lSS7-'88 71, 440, 220 49, 310, 325 1 8 8 8 - ' 8 9 . . . . 67,880, 092 18S9-'90 19, 320, 005 74, 271, .598^ 1890 '91 38, 299, 355 74,103,888 1 3.891.-'92..... 18, 930, 685 89,604,086 26,181, 770 Total V 73, 584, 015 30,401,420 Annual average. 85, 649, 451 31,194, 265 66, 946, 731 35, 282,125 1874 '751875 '76 3876 '77^ 1877 '78 lS7S-'79 1879 'SO ISSO-'Sl 1881-'S2.: 3882 '83' 3883 ' 8 4 . . : 1884 '85 i . . . DISTRIBUTION OF -SILVER $56, .500, 005 34,844,140 45, 307,115 45, 000, 525 43, 798,500 51,926,717 42, 738, 086 662, 327,428 36,795,968 $51,212,637 54, 296, 577 73,220,790 69, 218, 337 76, 890, 700 77,713, 304 63, 387,452 1,222,198,456 67,899,914. DOLLARS. The number of silver dollars distributed from the mints during the last fiscal year was 9,407,920, being 3,800,874 less than for the previous year. The distribution during the fiscal year and the number of silver dollars in the mints at the commencement and* close of the year are exhibited in the following table: Philadelphia. Period. Tn m i n t s J u l y 1 1891 Coijiaj^e of tlie fiscal y e a r Total I n m i n t s J u l y 1,1892 D i s t r i b u t e d from m i n t s : San F r a n „Cisco. IS'ew O r l e a n s . Carson. Total. 2, 880, 360 1, 392, 000 101, 290, 755 8, 329, 467 51,163, 675 -1,602,851 36, 362, 220 876, 000 10,884,500 4,458,616 52, 766, 526 50, 083, 000 37,238,220 36,301,360 4,272,360 1.09, 620,222 1.5,343,116 9, 701, 300 ' 4,126,636. 100, 212, 302 2,683, 526 936, 854 • 5,641,816 145, 724 9,4,07, 920 139 DIRECTOR OF T H E MINT. CIROITLATION OF SILVER DOLLARS. The followin g comparative statement exhibits the total number of silver dollars coined, the number held by the Treasury for the redemption of * certificates, the number held in excess of outstanding certificates, and the number in circulation on November 1 of each ofthe last seven years : COINACTE; OWNERSHIP^ AND CIRCULATION OF S I L V E R . Total coinage. Date. 244,433, 386 277,110,157 309, 750, 890 343, 638, 001 380, 988,466 409,475, 368 416,412; 835 Nov. 1,1888 . Kov. 1,1.887 . ]S%v. ],1S88-. IS^ov. 1,1889 ; Is^ov. 1,1890 . IS^ov. 1,1891 . E"ov. 1,1892 : DOLLARS. I n the Treasury. Held for pa;/ment of certifi- Held in excess I n circulation. of certificates cates outoutstanding. stixndiug. 100,306,800 160, 713, 957 229, 783,152 277,319,944 308,-206,177 321,14^,642 326,850, 304 82, 624,431 53,461,-575 20,196, 2SS 6, 219, 577 •7, 072, 725 26,197,265 25, 592, 304 61, 502, .155 62, 934, 625 59, 771, 450 60, 098, 480 65,709, 564 62,135, 461 61, 672, 455 SUBSIDIARY SILVER COINAGE. The coinage of subsidiary silver during the last fiscal year aggregated 40,889,998 i)ieces, of the nominal value of $6,659,811.60, consisting of $971,016.50 in half dollars, $3,023,331 in quarter dollars, and $2,665,464.10 in dimCvS. Of this coinage $1,058.25 were manufactured from purchased bullion, and $6,658,753.35 from worn and uncurrent silver coin transferred froni the Treasury for recoinage. During the fiscal year ended June 30,1892, worn and uncurrent silver coin of the nominal value of $7,118,602.78 was transferred from the Treasui]y to the mints for recoinage. Upon melting, these coins produced 5,018,693.31 ounces of fine silver, t h e coining value of the same in subsidiary silver coins being $6,937,886.02, showing a loss of $180,716.76, which sum wag reimbursed the Treasury from the approi)riation for loss on recoinage of worn and uncurrent silver coin. The stock and cost of silver on hand July 1, 1891, available for the subsidiary silver coinage, the amount obtained, the amount used diiring the yeaT, and balance on hand at the close thereof, are shown in the following table: ^ S I L V E R F O R SUBSIDIARY COINAGE, 1892. Mint at Philadelphia. Mint at San Prahcisco. Stock. Fine ounces. Co.st. $36,180. 20 Fine ounces. Cost. ; ' SilA^er b u l l i o n o n h a n d J u l y 1, 1891 '. .. 56,409. 06 U n c u r r e n t coins tr-ansferred from T r e a s u r y . 3,06.5,898.83 M e l t e d a s s a y coins p u r c h a s e d 177. 75 4, 238, 325. 79 245. 71 1,013,637.59 $1,413,703. 35 Total stock U s e d in coinage, fiscal y e a r 1892 3, 092, 485. 64 2, 957, 633.16 4, 274, 751. 70 4,088,514.76 1, 013, 637. 59 944, 396.14 1,413, 703.35 1, 317, 983. 35 134, 852. 48 186, 236. 94 69, 241. 45 95, 720. 00 B a l a n c e on h a n d J u n e 30, 1892 140 REPORT ON T H E FINANCES. SILVER F O R SCBSTDIARY COINAGE, 1892—Contmued. M.mt at ISiey^ 0rlea,ns. Total. Stock. Fine oiinces. 1 1 Cost. F i n e ounces. Silver bullion on hand July 1 3 891 . . Uncurrent coins transferred from Treasury . Melted assay coins purchased ..... . 939,156. 88 $1, 298, 298. 77 Total stock Used in coinage, fiscal year 1892 939,156..88 900, 511. 86 32, 645. 02 Balance on hand June 30 1892 Cost. 26,409. 06 5, 018, 693.30 177.75 $36, .1.80. 20 6, 950, 327. 91 245 71 1,'29S, 2-98.77 1, 253,170. 00 5, 045, 280.11 4, SOS, 541.16 6,986,753.82 6, 659, 668.11 45,128.77 236,738. 95 327 085 7L - The amount, cost, and nominal valueof the subsidiary silver coinage during the fiscal year, and the sources from which the bullion was obtained, are shown in the following table : NOMINAL V A L U E AND COST OF MATERIALS U S E D IN: THE SUBSIDIARY S I L V E R COINAGE, 1892. • ". Sources from which bullion was obtained. Mint at Philadelphia: Worn and uncurrent coin . . Bullion purchased Mint at San Francisco: Worn and uncurrent coin... Mint at 'Ne^Y Orleans: Worn and uncurrent coin... Total -. Standard ounces. Cost. Coinage.- 3, 285,408. 50 850. 50 $4, 087, 600. 00 914. 76 $4, 087, 600. 00 1, 058. 25 1, 049, 329. 04 1, .317, 983. 35 1, 317, 983. 35 1, 007, 235. 3°9 1, 253,1.70. 00 1, 253,170. 00 5, 342, 823. 49 6, 659, 008.11 6, 659, 811. 60 5, 34.1, 972. SO 850. 50 6, 658, 753. 35 914. 76 6, 658,753. 35 1,058.. 25 5, 342, 823. 45 6, 659, 608.11 0,0.59,81.1.60 SUMMAIiY, W o r n a n d u n c u r r e n t coin Bullion p u r c h a s e d Aggregate The nominal value of the„silver coins transferred from the Treasury to the mints for recoinage from July 1, 1890, to .ISTovember 1,. 1892, has been $10,792,478.97 ui3on. which the loss of metal representing the abrasion from wear, has been $326,489.25, or an average of about 3 per cent. The actual coinage of the same into new silver coins has aggregated $4,381,044.05. The beneficial results of the liberal appropriations made by Congress for the last two years for loss on recoinage of vi^^ii and uncurrent silver coiuvS.in the Treasury is shown by the fact that the balance of such coin has been reduced ffom $23,002,268 on July 1, 1890, to $11,499,579' on E'ovember 1, 1892, a reduction of $11,502,689. By the conversion of worn and uncurrent coins in, the Treasury, principally half-dollars, for which there was no demand, into quarter-dollars and dimes, for which there was an urgent demand, the Treasury has been relieved of a large amount of unavailable assets and the circulating medium ofthe country increased to a corresponding extent. 141 D m E C T O l l OE T H E MINT. TEADE-DOLLAR RECOINAGE. The number of trade dollars redeemed under the act of March 3, 1887, was 7,689,036, containing 6,687,690.61 ounces of standard silver . of the coining value of $7,782,040 in silver dollars, from which there were coined, up to the close of the fi.scal year 1891, $2,889,011 in subsidiary silver coins, containing 2,322,042.62 standard ounces, costing $2,668,654.88. In addition there was transferred from trade dollars remelted at the San Francisco mint to the silver bullion account 16.97 standard ounces, costing $19.51, making a total amount disposed of up to June 1, 1891, 2,322,059.59 standard ounces, costing $2,668,674.39, leaving on hand June 1,1891, 4,365,661.12 standard ounces, costing $5,020,361. The' act of March 3, 1891, directed that, ^'the Secretary of the Treasury shall, as soon as practicable, coin iiito standard silver dollars the trade-dollar bulhon and trade dollars now in the Treasury, the expense thereof to be charged to the silver-profi.t fund." Of the balance of trade-dollar bullion on hand June 1,1891, 4,364,311.87 standard ounces, costing $5,018,844.11, were consumed in the coinage of 5,078,472 silver dollars, while there were sold in sweeps, 1,318.89 standard ounces, costing $1,5L7.08, leaving on hand December 31, 1890, when this coinage was completed, a fractional balance of .36 of an ounce, costing $0.42, which was transferred to the account of silver bullion imrchased under the act of July 14, 1890. COINAGE OF SILVER DOLLARS FROM T R A D E - D O L L A R • M A R C H 3, 1891. BULLION UNDER ACTOF MINT AT PHILADELPHIA. Coined. Sold i u s w e e p s . Months. s t a n d a r d ounces. June - Cost. Standard ounces. Cost. -- July Total .. . 300, 781. 25 429,687. 50 171, 960. 94 214, 843.75 209,477 81 $345, 686. 33 493,837.61 197, 633. 81 246, 918. SO 240, 751. 76 1,326, 751. 25 1, 524, 828. 31 • , MINT A T N E W OPvLEANS. June July Aufifust September October November December ' ... . . . Total • Grand total 1.71, 875.00 429, 687. 50 481.2.50.00 343, 750.00 429, 687. 50 816, 406. 25, 364, 904. 37 $197,702.71 494, .256. .77 553, 567. 58 395, 405. 42 494,250 78 939, 087. 87 419, 738. 67 570 19 748 70 861. 21 3, 037, 560. 62 3, 494, 015. SO 1,318 89 1 517 08 4, 364, 311. 87 5,018, 844.11 .1,318 89. 1,517.08 $655.87 142 REPORT ON T H E EINANCES. COINAGE OF SILVER DOLLARS FROM TRADE-DOLLAR BULLION, ETC.—Continued. MINT Balance transferred to act of • 1890. Months. Standard ounces._ June Julv Auo"ust October AT>H1LADELPHIA. Cost. Standard ounces. $0.30 - 300,7SL25 429, 687. 50 171,960.94 214,843.75 209, 478. 07 " • ...26 Total emj^loyment. Cost. $345, 686. 33 493,837.61 . 1.97, 633. 81 246,91S: SO 240, 752. 06 1 -. Total .26 .30 1, 326, 751. 51 1, 524, 828. 61 Dollars Seigniorcoined. . age. 350, 000 500,000 200,100 250, 000 243, 756 $4,313. 07 . 6,132. 39 2. 466.19 ^ 3,081.20 3,004 24 . 18, 997. 69 200,000 500, 000 560,000 400, 000 500, 000 950, 000 424, 616 $2, 297. 29 5, 743. 23 6,432. 42 4, 594. 58 5, 743. 22 10, 912.13 4, 877. 33 1, 543, 856 MINT AT NEW OPvLEANS. June^ July August September. October November . December.. 171, 875. 00 429, 687. 50 481, 2-50. 00 344, 320.19 429,687.50 816,406. 25 305, 653.17 $197, 702. 71 494, 256. 77 553, 567. 58 396,061.29 494,256.78 . 939,087.87 420, 600. 00 .10 $0.12 Total . .10 .12 3, 038, 879. 61 3,495. 533. 00 Grand total. .36 .42 4, 365, 631.12 5, 020, 301. 61 5, 078, 472 59, 597. 89 3, 534, 616 40, 600. 20 SEIGNIORAGE ON SILVER. The balance, of silver profits on hand at the coinage mints at the commencement of the fiscal year 1892 was $152,315.35. The seigniorage on the coinage of silver dollars during the year aggrc; gated $930,487.41, and oil subsidiary silver coins $143.49, atotal seigniorage for the year of $930,630.90. From the gross seigniorage there was paid for the transportation of silver coin the sum of $28,694, for reimbursements of silver wastage and loss on sale of silver in sweeiDS sold $9,548.98, and on account of expenses incurred in the recoinage of trade-dollar bullion (as provided bytheactofMarch3,1891) $108,712.42, a totalexpenditureof $146,955.40, leaving a net seigniorage for the year of $783,675.50. The total amount of silver profits covered into the Treasury during the last fiscal year aggregated $865,026.60, leaving on hand in the four coinage mints at the close of the fiscal j^ear $70,964.25. The net profit on the coinage of silver during the fourteen years ended June 30,1892, including the balance in the coinage mints on July 1, 1878, aggregated $72,736,065.75. In the Appendix will be found a table showing the seigniorage on the coinage of silver dollars and subsidiary silver, separately, and at each mint, and also the disposition of the profits, A table will also be found in the Appendix exhibiting the expendi; tures from silver profits on account of the distribution of silver coinss 143 DIRECTOR OF T H E MINT. MINOR COINAaE. During the last fiscal year 61,582,474 minor coin pieces were struck at the mint at Philadelphia of the face valtie of $1,296,710.42, as follows; M I N O R COINAGE, 1892. Denominations. "Pieces. Five-cent nickel '. 17, 022,142 44, 560, 332 Total....... Value. $851,-107.10 445 603 32 61, 582, 474 1,296, 710.42 The amount and cost of blanks purchased for minor coinage during the year was as fqllows: • . . - Pounds, avoirdupois. Blanks purchased. Five-cent nickel blanks One-cent bronze blanks 163', 213 367,754 Total...........- Cost. $53, 72-7. 23 73,330.15 127, 057.; The demand for minor coinw during the year was large, frequently taxing the utmost capacity of the mint at Philadelphia to meet the same, but no delay occurred upon the part of the mint in supjilying such coins. ^ Of the blanks used in the manufacture of these pieces, 1-cent bronze pieces of the nominal value of $14,290.87 and 5-cent nickel pieces of the nominal value of $83,819.85 were coined from metal resulting from the melting of uncurrent minor coins of former issues transferred from the Treasury for recoinage. The following statement shows the balance of coinage metal resulting from uncurrent minor coins melted on hand at the mint at the commencement of the year, and the. balance remaining on hand at the close thereof. M I N O R COINS FOR RECOINAGE, FISCAL Y E A B 1892, PHILADELPHIA M I N T . Balance on hand July 1,1891 Coin manufactured, nominal value, viz: Bronze, 1-cent. Nickel, 5-cenl.,.. ! ^ Gain by recoinage — Balauce uncoined June 30, 1892 ..'. $61,474. 84 -.'. $14, 290.87 83,819.85 .-. 98,110.72 36,635.91 .03 No uncurrent minor coins were transferred from the Treasury for recoinage during the last fiscal year. , Thefollowiug table exhibits by denominations the amount of minor coins transferred to the mint at Philadelphia during the Iiscal year 1892 and reissued; 144 ' REPORT ON T H E FINANCES. MINOR COINS FOR REISSUE^ FISCAL YEAR 1892^ P H I L A D E L P H I A M I N T . Received during the year on transfer orders, viz:. One-cent bronze coin $55, 000. 00 Five-cent nickel coin , . . . 25, 000.00 Reissued during the year, viz :• One-cent bronze coin Five-cent nickel coin ,... 55,000. 00 25, 000. OO The following table exhibits the distribution of minor coins during the fiscal year 1892: , . MINOR COINS DISTRIBUTED FROM THE M I N T AT P H I L A D E L P H I A DURING T H E FISCAL YEAR 1892. State or Territory. Alabama Arizona Ai'kansas California Colorado Connecticut -Delaware Districtof Coluinbi; Florida Georgia Idaho.' Illinois Indian Territory . . . Indiana Iowa Kansas Kentucky Louisiana... Maine Maryland Massachusetts. Michigan Minnesota Mississippi Missouri Montana 5-cent, nickel. 1-cent, breuze. $1,100 • 350 715 660 11,125 1,850 1,020 3,195 420 50, 580 150 22, 855 16, 550 8,580 7, 235 428 885 17,040 41, 945 20,295 19, 705 485 1,662 State or Territory. Nebraska NewHampshire New Jersey New Mexico New York North CaroUna. North Dakota... Ohio.... Oklahoma Oregon Pennsylvania... Ehode Island . . . South Carolina . South Dakota... Tennessee Texas XJtah Vermont Virginia Washington...: West Virginia-. Wisconsin Wyoming . Total 5-cent^ nickel. $17, 29, 1-cent, broiizo. $5, 095 6, 430 23, 010 69, 600 2, 760 2,160 29,000 300 540 •66, 505 10,270 1, 830 1, 070 •2, 850 l; SOO 2, 905 5,855 920 3, 240 16,455 726, 847 481,425 The mandatory coinage of silver dollars required by the act of 1878 rendered it difficult to continue the maiinufacture of ingots and blanks for the minor coinage (5-cent nickel and 1-cent bronze pieces) at the mint at Philadelphia, the only institution authorized by law^ to execute minor coinage. The difficulty was augmented b y t h e largely increased demands for small coins for change purposes. It was, therefore, decided to ask by public advertisements for proposals to furnish minor coinage blanks suitable for coinage at the ' mint. Contracts were awarded for such blanks at various times from Janua-ry, 1887, to June 30,1892. r 145 DIRECTOR OF THE MINT. The deliveries of bronze blanks, the cost, the coinage value, and the seigniorage realized, under the several rates per pound, will be found in the table hereto appended: CONTRACTS FOR-,1-CENT B R O N Z E BLANKS FROM; JANUARY^ 1887; Bate per pound, Periods, Jan., AuoSept Aug. 1887, to A u g . , 1887 . . , . . , . . . , . , . . . . , . 1887 t o Sent.. ISSS .. 1888 to Au»'., 1889 . 1,1889, to J u n e , 1890 J u n e 1890. t o J u l y . 1892 Pounds. TO J U L Y , 1892. Coinage v a l u e . Seigniorage. Cost. 204, 379 $43,123.97 $0.211 299, 965 . 2565 76, 941.02 9,m QOi .3409 104, 696. 86 . 26 1 .1.50, 000 39, 000. 00 . 1994 i 779.. 805 154, 097, 35 $298, 413. 34 437, 948. 9.0 437, 986. 86 219, QOO. 00 1,1.28.295.30 $255, 289. 37 361,007.\S8 333, 290 00 ISO., 000. 00' 974.197.95 Contracts for nickel blanks for the same period gave results as follows: . Periods. M a r . , 1887, to J u n e , 1 8 8 8 . . . . . Do...... Dp............. .,..J u n e , 1888, to Sept., 1 8 8 9 . . . . . . . . . Sept., 1889, t o J u u e , 1 8 9 0 . . . . . . . . . J u n e , 1890, to J u l y , 1892 . . * . . . . . .^ P a t e per pound. Pounds. Cost, L379 .348 ,374 , 421 ,40 , 3194 22,019 7,000 43, 001 249, 332 106, 000 338, 747 $8, 345. 20 3,436.00 16, 082. 40 104, 968. 77 42, 400. 00 108,196. 07 Coinage v a l u e . Seigniorage, $99, 856. 30 $91, 511.10 31, 752. 00 29, 316. 00 195,009.55 178, 927.15 1,1.30,720.65 ],025,75L85 480,710.00 438, 310.00' 1, 536, 217. 65 L 428, 021. 58 The several types and denominations of minor coins issued by the Philadelphia Mint since its establishmeht, the amount remelted by tlie mint, and the amount apparently outstanding June 30, 1892, are set forth in the following table; . Penomin ations, Copper Copper Copper Bronze cents .,...,. half c e n t s * ,...,..,.. nickel c e n t s . . . , . . . . , . . . . . , cents........ ... .J^..... B r o n z e 2-cent p i e c e s . . , , . . . . N i c k e l 3-cent pieces N i c k e l 5-cent p i e c e s . . . . . . Total.. '.. , ,.,. Coined.. Bemelted. Outstanding J u n e 30, 1892. $1,562,887.44 39, 926.11 2, 007, 720. 00 or 608, 500. 49 912, 020. 00 905, 768. .52 12,390,331.65 $37'6,'300.44 1,186,587.10 763, 782. 78 39, 871. 73 318,926.82 230,684,74 111, 145. 6Q • 1,243,937.22 6, 578, 688.76 .593, 093.18 24,433,154.21 1,840,712.11 22,673,72L69 675,-083.78 12, 396, 331. 6a * T h e r e is n o r e c o r d o;f t h e m e l t i n g of a n y old c o p p e r half c e n t s , b u t it is believed t h a t few, if any> are in circulation. . The foregoing exhibits show a general reduction in costof minor coin blanks and a corresponding gain in profits to the Treasury during the last three years. Moreover, all such blanks are now delivered ready for the coining presses, which effects a saving of labor, time, and machinery probably equal to 10 per cent of the whole cost. By the last contract, awarded the Scovill Manufacturing Company, of Waterbury, Conn., the Government is getting its minor coinage metal at less cost than ever before in its history. ri92 -10 146 REPORT ON THE FINANCES. PERCENTAGES OE PROFITS AT THE DIEEERENT RATES. Bronze. A t $0 211 p e r p o u n d A t - . . 2565 p e r p'ound At." . 349 p e r p o u n d At .26 p e r p o u n d At . 1994 p e r po.und Nickel. Profits. $1.24 1. 20 LIOO 1.198 1.258 Profits. A t $0. 379 p e r p o u n d . . . . . . . At . 348 p e r p o u n d At . 374 p e r p o u n d At . 421 p e r p o u n d At . 40 p e r p o u n d '. . At .3194 p e r p o u n d $4,157 4.188 4.162 4.115 4.136 4. 216 1 An avoirdui^ois pound of bronze will coin $1.46. An avoirdupois pound of nickel will coin $4.53. APPROPRIATIONS AND EXPENDITURES. The amounts siDCcifically aiDpropriated for the support of the mints and assay offices for the fiscal year 1892 aggregated $1,079,850, against $1,030,351.50 appropriated for the preceding fiscal year. From the specific appropriation there was. expended dnring the last fiscal year an aggregate of $1,064,124.24, leaving in the Treasury unexpended the sum of $15,725.76. In addition there was expended at the coinage mint s from the general appropriation contained in the act of July 14,1890,' the sum of $41,487.55. There was also expended at the Treasury Departinent, from the latter appropriation, .the sum of $927 for cablegrams from London, giving the daily quotation of silver. * The total expenditures for the mint service for the la^t fiscal year aggregated $l,106,5o8.79, against $1,335,910 expended in the prior fiscal year, showing a reduction of exiDenses during the last fiscal year of $229,371.21. The appropriations and expenditures for the various mints and assay offices (exclusive of the amount paid by the Treasury Department for baclegrams) are exhibited in the following table: APPROPRIATIONS AND EXPENDITURES, 1892. APPEOP Pvi ATIO:N^S. Salaiies. Institutions. • Wages. Contingent. ' C o i n a g e of S t o r a g e of silver bullion, silver bullion, a c t J u l y 14, a c t J u l y 14, 1890. 1890. Total. MDsTS. $41,550.00- $293,000.00 41,100.00 170,000. 00 60, 000. 00 29, 550.00 74, 000. ot) 31, 950.00 PhiladelT)hia San Prancisco Carson N e w Orleans $80,000.00 40, 000. 00 25,000.00 35, 000. 00 .$414,550.00 251,100.00 114, 550.00 140, 950. 00 . ASSAY O F F I C E S . Denver Helena i °.. Bois6 C i t v Charlotte St. L o u i s Total 39, 250.00 10,950.00 7,700.00 3, 200. 00 2, 750. 00 3, 500. 00 30, 000. 00 13,750.00 12,700.00 211, 500. 00 • 653, 450. 00 10,000.00 6, 000. 00 5, 000. 00 9, 000. 00 2, 500. 00 ' 2, 400. 00 214, 900. 00 ' 79, 250. 00 30, 700. 00 25,400.00 12,200.00 . 5, 250.00 5, 900. 00 1, 079,850. 00 r 147 DIKECTOR OF T H E MINT. APPROPRIATIONS AND E X P E N D I T U R E S ; 1892—Contimied. EXPENDITURES. Salaries. Institutions. Wages. Coinage of • S t o r a g e of C o n t i n g e n t . silver bullion, silver bullion, ace J u l y 14, a c t J u l y 14,.' 1890. 1890.• • Total. MINTS. $41,550.00 $292, 952. 06 41,100.00 169,984.05 29, 550.00 60,000.00 31, 848. 09 73,997.98 Philadelphia San P r a n c i s c o N e w Orleans $74, 303.42 38, 380. 85 23, 007. 25 33, 690. 98 $1, 345. 59 • 8, 000. 00 11,000.00 15,146.46 $5, 995. 50 $416,146. 57 257, 464.90 123, 557.25 154,683.51 ASSAY OFFICES. New York Helena Boise C i t y Charlotte St.Louis ...-. Total 39, 250. 00 10, 950. 00 7, 612. 29 3, 200. 00 2, 750.00 3,500. 00 28,413. 50 13,702; 00 12, 691. 50 211, 310. 38 651, 741. 09 9,869. 33 2, 956.95 4, 999.44 8, 982.43 2, 499. 95 2,'3S2.17~ 201,'072.77 77, 532.83 27, 60S. 95 25. 303. 23 12,182. 43 5, 249.95 5,882.17 . 35,492. 05 . 5,995.50 1,105, 611.79 The unexpended balances bf ajppropriations for the fiscal year 1892 are shown in detail, in the following table: U N E X P E N D E D BALANCES O F A P P R O P R I A T I O N S , F I S C A L Y E A R Salaries. Institutions. . Philadelnhi a San E r a n c i s c o $47.94 15.95 ASSAY TotaL ; $5, 096,58 1,619.15 1,992.75 1,309.02 $5,744.52 1, 635.10 1, 992. 75 , $101.91 2. 02 87.71 1, 586.50 48.00 8.50 130. 67 3, 043.05 .56 17.57 .05 17. 83 1,717.17 3,091.05 96 77 17 67 .05 17. S3 1,708.91 13.827. 23 15,725.76 -1,412.95 OFFICES. . . Contingent expenses. MINTS. .... N e w Orleans New York Denver Helena Bois6 City Charlotte St.Louis AVages. 1892. ' . • . ^ .^ ^ Total .' 189.62 Tlie expenses ofthe office ofthe Director of the Mint, embracing the' salaries of the Director and the clerical force, the expenses incurred in the examination of the mints and assay offices, the purchase of books and periodicals, the maintenance of the laboratory, the expenses of collecting and compiling for a report to Gongress, the statistics of the product of the precious metals, and all incidental and contingent ex-' penses during the last fiscal year, aggregated $35,507.63, leaving unexpended of appropriations made for the above purposes the sum of $1,402.37. • . . • ' . 148 1 BEPORT ON THE FINANCES. The appropriations and expenditures for the Bureau of the .Mint are exhibited in detail in the following table: APPROPRIATIONS AND E X P E N S E S OF T H E OFF'ICE OF T H E D I R E C T O R OF FOR THE F I S C A L Y E A R 1892. Purposes for which appropriated. Appropriated. - $29,160. 00 2, 500.00 4, 000. 00 750.00 500.00 Salaries , , Examination of mints Mining statistics , Laboratory Books, pamphlets, and incidental ex;i)G^ses -Total 36, 910. 00 * Expended. THE MINT Unexpended. .$29, 041. 92 1, 671.38 3, 548. 24 748.08 498.01 $118.08 828. 62 451.76 1.92 1.99 35, 507.63 1, 402. 37 The apx3ropriations made for the support of the mints and assay offices for the fiscal year to end June 30, 1893, are as follows: APPROPRIATIONS F O R MINTS AND ASSAY OFFICES, Institutions. . Salaries.^ Wages of workmen. 1893. Contingent expenses. Total.. MINTS, Philadelphia San Francisco Carson New Orleans $41, 550 41,100 29, 550 31. 950 ^. • $293, 000 170, 000 ' 50,000 74, 000 $75, 000 35, 000 ' 20, 000 33,000 $409,550 27, 500 13, 750 12, 700 10, 000 76, 750 3, 250 27,950 246,100 99, 550 138,950 • ASSAY OFFICES. New York ." Denver Helena •. Bois6 City Charlotte St. Louis Total *•' -... .' ; .... . •.... 39, 250 10, 950 7, 700 3, 200 2,750 . 3^ 500. 211, 500 4,500 24,900 8,000 11, 200 *3,000 5, 750 2,400 5,900 194,150 1,046,600. *lncludes$l,000 for gas plant to replace worn-out furna<;es. On October 1,1892,1 had °the honor to submit for your consideration estimates of appropriations required for the support of the mint service for the fiscal year to end June^30, 1894. These estimates, including'the usual appropriation for ^^ freight on bullion and coin,^' aggregated $1,126,760, against appropriations for the same purposes for the current fiscal year aggregating $1,079,850. The aggregate of the estimates Submitted for the fiscal year .1894 is the exact sum of the appropriations for the fiscal year 1892. I t will be necessary to ask for deficiency appropriationa to complete the service of the fiscal year 1893, owing to the fact that the appropriations made by Congress were reduced from the carefully i3repared estimates submitted. f DIRECTOR OF THE 149 MINT. E A R N m a S AND E X P E N S E S OF T H E R E F I N E R I E S MINTS AND ^ ASSAY OFFICE AT N E W OF T H E YORK. COINAaE The sums collected from depositors during the fiscal year 1892, at the coinage mints and assay office at .ISTew York, as charges for parting and refining bullion, aggregated $169,497.09. The law requires that the charges collected of depositors shall be used to defray the ekpenses of the operations of the refinery. The total amount expended for parting and refining bullion was $207:,253.43. ^ . There Avas received, however, and covered into the Treasury during the year from the sale of by-products (blue vitriol and spent acid) the sum of $11,449.23, a legitimate gain to the refinery. Deducting from the gross expenditures the amount realized by the sale of these by-products, the net expenditures for parting and refining bullion were $195,804.20. The totahreceipts for parting and refining bullion since July 1, 1876, the date at which the refineries were made self-supporting, have exceeded the gross expenditures for the same period by the sum of $85,615.07, which-amount stands to the credit of the appropriation for parting and refining,bullion on July 1, 1892. The receipts and expenses of the refineries for the fiscal year 1892 are exhibited in the following table: CHARGES COLLECTED AND E X P E N D I T U R E S F O R PARTING AND R E F I N I N G , BULLION, 1892. Institutions. Mint at Philadelphia .. Mint at San P'rancisco — Mint at Carson , Mint at New Orleans Assay office at New York Total Charges collected. Gross ex. penditures. $19,065.24 31,768'. 33 .27,422.74 1, 308. 94 89, 931. 84 $26,457. 82 58,199. 89 . 26,918.86 252.76 95, 424.10 $26,457. 82 57, 230. 57 23, 949. "G - 252. 70 87,913.29 109, 497. 09 2-07, 253. 43 195,804. 20. EARNINGS AND E X P E N S E S OF T H E MINTS AND ASSAY Net expenditures. OFFICES. The total earnings of the mints and assay offices of the United States during the fiscal year ended June 30, 1892^ aggregated $2,294,288.20. 'This is a very large reduction from the earnings of recent years, occasioned by the fact that the seigniorage on the coinage of silver dollars, which has aggregated six or seven million dollars annually, fell off during the last fiscal year to $930,487.41,-the coinage.of the silver dollars being no longer mandatory. Only such dollars were coined as were deemed necessary in the business of the GoA^ernment.. The total expenditures and losses of all kinds, including the.entire expenses for the support of the mints and assay of&ces and acid refineries, the wastage of the operative departments^ and loss on sale of sweeps, the expenses of distributing silver dollars, subsidiary silver, and minor coins, aggregated $1,500,494.03^ leaving a net profit of earnings over expenditures for the last fiscal year of $793,794.17. In the Appendix will be found the usual table exhibiting in detail the earnings and expenditures under each classification and at each institution of the mint service. 150 REPORT ON THE CLASSIFIED STATEMENT 1 FINANCES. OF EXPENDITURES. The following table exhibits the expenditures for the different classes of supplies (as well as for salaries and wages) at the institutions comprising the mint service during the fiscal year 1892, the expenses of the refinery being separated from the ordinary expenses of the Mint: STATEMENT OF E X P E N D I T U R E S FOR S U P P L I E S AT THE M I N T S AND ASSAY O F F I C E S OF THE U N I T E D STATES F O R THE F I S C A L Y E A R ISNDING J U N E 30, 1892.' Supplies. $1,547.66 1, 670. 04 385. 50 391. 85 4,755. 75 5, 272.43 17,569.97 4, 383. 72 6, 680. 85 .6,934.06 2, 826. 94 Acids , Assayers' materials... Balances Belting Charcoal.'.-..!. .... Chemicals Coal : Coke. Copper — C r u c i b l e s .^ D r y goods Fire brick Ereight and,drayage.. Pluxes X Furniture G a s a n d electric l i g h t . Gloves a n d g a u n t l e t s . Hardware I r o n a n d steelI c e . . . : . , .: L a b o r and r e p a i r s Lead Ordinary. - 499. 40 3, 259. 9^^ 24, 862. 63 Rent Sewing Stationery, priuting, and binding. Salt •:..-, Sundries S t e a m suiDply ,. Telegraph, a n d t e l e p h o n e 480. 00 1, 822. 45 2, 331.-10 8.38 35,437. 20 1, 257. 88 512. 07 18. 30 1, 896.19 2, 067. 40 4, 301. 77 11,750. 35 '. Total . Salaries Wages Aggregate . Total. 27.68 910.47 1, 052. 37 4,749..68 159. 70 14, 565.12 • 3,492.26 1,365.83 $42, 295. 25 1, 670. 04 385.50 419.53 5, 666.22 . 6,324.80 22, 319. 65 4, 543. 42 21, 245.97 10,420.32 4,192. 77 95.48 2, 304. 95" 406. 80 392. 50 1.4, 779. 24 6,734. 94 3, 338. 75 847. 29 1, 660.72 13, 358. 85 53.00 L o s s on s w e e p s Lumber • M a c h i n e r y a n d appjiance.s . Metal work and castings... Oil : Tools Washing...-. Wastage Water ' AVood Zinc Refinery. 4, 986. 52 1, 587. 92 :.. - 1,315.63 2,700. 36 1,770. 57 751. 29 570.11 18.14 234.12 2, 843. 07 2, 901. 54 533.83 452. 37 2, 685. 01 - 1 , 942. 36 • 331. 90 534. 35 18.97 600.32 2, 122. 04 0, 078. 02 387.29 452.50 1,131. 86 3, 055.16 95.48 3, 620. 58 3,113.16 392. 50 ' .16, 519. 81 7,486.23 3, 908. 86 865.43 1, 894. 84 16, 201. 92 2, 954. 54 1,033.23 3,712.36 27, 547. 64 6, 928. 88 -1,919. 82 480.00 2, 356.80 2,350.07 608..7O 37, 559. 24 7, 335. 90 . 512.07 18.30 • 1,896.19 2, 454. 69 4,75*4. 27 12,882.21 3,05.5.16 193, 375. 36 211, 310. 38 • 700,92(3.05 100, 602.99 106, 650. 44 293,978. 35 211, 310. 38 807,576.49 1,'105,61L79 207, 253. 43 1, 312, 865. 22 r 151 DIRECTOR OF THE MINT. MOYEMENT OF a O L D . FROM THE UNITED. STATES. In the report of this Bureau for the fiscalyear 1889, attention was directed to the heavy export of gold from the United States Commencing in May, 1888, and continuing, with some interruption, to the end of July, 1889, aggregating $61,435,989. In the summer of 1890 another movement of gold from this country commenced, which, while by no means as serious in amount as its jffedecessor, was somewhat remarkable as a monetary transaction, considering the low rate of sterling exchange which obtained during most of the period of shipments. This movement aggregated in a period of less than two months the sum of $15,672,982. » In February, 1891, still another movement of gold to Europe commenced, which did not cease until the close of Julj^, causing by far the most serious loss of gold which this country has sustained for many years. The total amount exported from the port of I^ew York during these six months was $70,223,494. In theTeports of this Bureau for the fiscal years 1890 and 1891, detailed statements of the shipments, the names of the shipper, the destination of the specie,, and prevailing rates of sterling exchange were presented, together with the causes which were believed to have occasioned these large movements. In the following tables, which have been, carefnlly prepared by the Superintendent of the United States Assay Office at New York, the exports of gold from that port to Europe during the fiscal year ended June 30, 1892, are presented in detail; also the exports during the four months from July 1 to Octber 31, 1892, as well as the return movement. U N I T E D STATES GOLD COIN S H I P P E D FROM N E W YORK TO E U R O P E DURING THE FISCAL Y E AII E N D I N G J U N E 30, 1892. Date. 1891. July 1 6 1720. 24 1892. Feb. 19 Name of shii:)xDer. Heidelbach, Ickelheimer & Co. Lazard Freres ....,-do do... Heidelbach, Ickelheimer & Co . Laziird Freres ...J^do , ....do Heidelbach, Ickelheimer & Co . do L. Von Hoffinann & Co: Baring, Magoun & Co Heidelbach, Ickelheimer & Co . do . . . , . . . ' . . . .-^..... .... 29 Baring, Magoun & Co... ,.. Mar, 1 A. Belmont & Co do ...:.. 4 L. Von Hoffman & Co Baring, Magoun & Co , A, Belmont & C o . . . .....do ......do Lazard Freres : 23 Value. $200, 000.00 500,000.00 1,100, 000.00 500, 000. 00 300, 000. 00 600, 000. 00 500, 000.00 1,000, oop. 00 Rate of exchange. '$4. 87A-4. 87| 4.87i-4..87i 4 87^-4. 87-1 4. 87 -4.87^ 4. 86|-4.863 4. 861-4. 87 4.86f 4. 86| Destination. Gjermany. England. France. •England. Geimany. England. Do. France. 500, 000. 00 4. 88i-4. 88| Germany. 500, 000.00 4, 88 Do. 500, 000. 00 4.88. Do. 500, 000. 00 4.88 Do. 750, 000. 00 4.88 Do. '530, OOO. 00 4.87| ' Do. 500,000.00 4. S7f Do. 500, 000. 00 4.87^ . England. 250, 000.00 4.871 *Do: 250, 000. 00 4. S7| ° Do. 500, 000.00 1$4. 87i Do. 250, 000.00 4. 87f Do. 250, OOQ, 00 4.87^ Do. 250, 000. 00 4.8*7^ Do. 600, 000.00 4.88i- . France. 152 REPORT ON TPIE FINANCES. U N I T E D STATES GOLD COIN SIIIPPEI:) FROM N E W YORK TO. .EUP,OPE^ ETC—ConVd. Date. 1892. A p r . 22 May 0 - 11 13 June 3 . 4 18 24 27 N a m e of s h i p p e r . L a d e n b u r g , Tlialiiiann & Co Lazard Freres .' ...do .do. L a d e n b u r g , T h a l m a n n & Co L. Von Hoffinan &. Co Heidelbach, I c k e l h e i m e r & Co do..... .Ivulm, Loeb &, Co Lazard Freres ;,.:.,. B r o w n B r o s . & Co Ladenbur.g, T h a l m a n n & Co K u h n , L o e b & Go. H e i d e l b a c h . I c k e l h e i m e r & CW) .do. L. A'^'on Hoftmann ct Co Ladenbur.g, T h a l m a n n &. Co -L. V o n .Hoffmann &. Co Do ......: L a z a r d .Freres L a d e n b u r g , T h a l m a n n & Co. .. Heidlelbach, I c k e l h e i m e r & Co. Do L . V o n Hoffmann & Co .Ladenburg, T h a l m a n n & Co . . . Lazard Freres K u h n , Loeb' & Co '... H e i d e l b a c h , I c k e l l i e i m e r &, Co . Lazard Freres Ii. Von .Hoffinann & Co .:. L a d e n b u r g , T h a l m a n n &:, C o . . . H e i d e l b a c h , I c k e i h e i i n e r &. Co Do L a z a r d .Freres L . A^ou^Hoftnian & Co Do : Total F o r e i g n gold coin'. Gold b a r s Value. $.505,000.00 1, 250, 000. 00 • 87, 390, 4.50. 00 13, 700. 00 346,093.00 37, 750, 243. 00 D u r i n g t h e s a m e i:)eriod t h e r e w e r e shipped to the W e s t Indies and Central and South A m e r i c a t h e following amount.s, viz.: TJnited S t a t e s gold coiu .F o r e i g n gold coin] 2, 567. 748. 00 '6,847,034.00 G r a n d total . 4. 4. 4. 700, 000. 00 2,100,000.00 8i 1,25.5,000.00 4. 884 250, 000. 00 4.8Si 1, 000, 000. 00 4. SSi • . 500,000.00 4.88 500j 000. 00 4.88 . 1, 600, 000. 00 4.88 450. 00 4. 87f-4. 88400,000.00' 4. 87f-4. 88 500, 000. 00 4.8Si 1, 000, 000. 00 4,S8J * 900, OOO..O0 4. 8Sg-4. 88^ 250,000,00 4.88* 500, 000; 00 4.SSI 2-56,000,00 4.88^ 500, 000. 00 4. SS.I 500,000. 00 4. 88f 500, 000. 00 4. 8 S | 1,000,000.00 4.881 1,.50O,OOO.OO 4. 88^ 500, 000. 00 4. 88?? 500,000.00 4. 88^ 1, 250, 000. 00 4.88^ 600, 000. 00 4.88^ 1, 000,000. 00 4.88^ . 500,000.00 4. SSi 500, 000. 00 4.88^ -500, 000. 00 i. SSi1, 000, 000. 00 4. 8Si: ' 600,000.^00 4,S8A-4, 88^ 900, 000; 00 4. 88J:. 250, 000. 00 4.8Si 500, 000. 00 4. 88i. T o t a l gold s h i p m e n t to E u r o p e d u r i n g fiscal y e a r -1891-'92 ^ . . . . .\ Total . E a t e of exchange. 9, 414, 782. 00 47,165, 025. 00 Destination. France. Do. England. France. ,Do. Do. Do. Do. Bo. Do. England. France. . Do. Germany.^ Do. En.glnnd. France. England. Germany. • Do. Do. Do. Do. Do. Do.Do. Do. Do. Do. Do. Do. Do. Do. - Do. Do. Do DIRECTOR OF T H E 163 MINT. SUPPLEMENTARY STATEMENT OF U N I T E D STATES GOLD COIN S H I P P E D TO E U R O P E FROM J U L Y I TO OCTOBER 31/ 1892. Date. Value. N a m e of shix^per. .Eate of exchange. Destination. 1892. • July 1 Lazard Freres .. .. Zimniermajn &. Forsha.v .$1,200,000.00 $4.881 500,000.00 .4.881 500, 000. 00 4. 8 S | 1, 000, 000. 00 4.881 . . .. . . L a d e n b u r g , T h a l m a n n & Co . . . . . . . . 1 . . . . . . . . H e i d e l b a c h , I c k l e h e i m e r & Co L . V o n Hoffman &. Co . . . 6 8 13 29 Aug. Lazard Freres . . . . . .. .. . . • 500, 000. 00 800, 000. 00 750, 000. 00 1,200,000.00 France. Do. '. 4.881-4. 8 8 | 4-. 881 4.884-4.88^ 4,884-4.88^ 500,000.00 4,884. 750,000. 00 4. 484 500, 000. 00 4. 884 . K u h n , Loeb & Co. " ...... 1, ooo; 000. 00 4.884.' " - H e i d e l b a c h , I c k e l h e i m e r & Co 500, 000. 00 4.884-4. 881 K u h n L o e b & Co . . 500,000.00 4.884 Lazard Frdres * . . . . . . . .... 1,000.00 4.884 BroTVTi B r o t h e r s & Co 1, 000, 000. 00 4.884 L . V o n Hoffmann & Co 1, 000, 000. 00 4.884 H e i d e l b a c h , I c k e l h e i m e r & Co : 700,000.00 4.88 L . V o n Hoffmann & Co ^ - - . ; • ^ - - -. 10, poo. 00 4.88 C. B . E i c h a r d & Co :/. . 250, 000. 00 4. 88 H e i d e l b a c h , I c k e l h e i m e r & Co 500, oop. 00 4, 88. L a d e n b u r g , T h a l m a n n & Co : 1,000,000.00 4-88 L . Von Hoffmann & Co 1,100, 000. 00 4.884-4.881 Lazard Freres .....; '. 1,000,000.00 4.88 L . V o n Hoffmann & Co 500, 000. 00 4.88 H e i d e l b a c h , I c k e l h e i m e r & Co 600, OpO. 00 4. 88 - 4 . 884 • clo . 800. 00 4. 8 6 | B r o w n B r o s . & Co H e i d l e b a c h , I c k e l h e i m e r & Co Lazard Fr6res ' L a d e n b u r g , T h a l m a n n &, Co L . V o n Hoffman & Co 5 10 12 15 18 24 Sept. 2 3 12 21 —.......... . bo. Do. Germany. France. Germany. France. Do. Do. Do. -Do. Do. Do. England. Do. Germ an V. Ho. Do. Do. . Do. Do. France. Germany. Do. Do. England. 17, 861, 800-; 00 Total D a r i n g t h e s a m e period t h e r e w e r e ship])ed to . 1 . E u r o p e gold b a r s of t h e . v a l u e of ' — ;•.... • T o t a l v a l u e J u l y 1 t o Oct. 31 . Tlierie w a s also shipped to t h e W e s t I n d i e s a n d C e n t r a l a n d S o u t h A m e r i c a , of: U n i t e d S t a t e s gold coin F o r e i gn gold coin Gra,nd t o t a l J u l y 1 t o Oct. 31 1, 000, 00 , 17.. 862, 800. 00- 379, 811. 00 597, 400. 00 IS, 840, 0.11. 00 ^ 154 REPORT ON T H E FINANCES. STATEMENT OF GOLD COIN AND BULLION IMPORTED FROM E U R O P E AT I H E OF N E W Y O R K F O R T H E F i s c A L Y E . A R E N D E D J U N E 30, 1892. From— United States coin. Foreign coin. Foreign bullion. PORT ^^Total. England France ...... Germany . . . $5, 275, 290. 00 6,130, 630. 00 1, 594, 040. 00 $4,755, 873.. 00 4, 625, 203.00 1,872,160. 00 $3,251,707.00 4,840,156.00 457, 971.00 $13, 282, 870. 00 15,595,989.00 3, 924,171. 00 Total. 12, 999, 960. 00 11, 253, 236. 00 8, 549, 834. 00 32,803,030.00 1, 723, 071. 00 1, 574, 474. op 727,409. 00 4,024,954.00 During the same period there were, received at the port- of New York the following amounts of gold coin- and bullioji from Mexico, Central and South America, and~the West Indies, viz: United States coin Foreign coin Foreign bullion ,.. Grand total : 36, 827, 98-4. 00 SUPPLEMENTARY STATEMENT OF IMPORTS OF GOLD COIN AND BULLION AT N E W YORK FROM E U R O P E AND AMERICAN P O R T S SOUTH OF T H E U N I T E D STATES, FROM J U L Y 1 TO OCTOBER 31, 1892. From France, foreign coin. From American ports— United States coin . Foreign coin Foreign bullion Total $482,500.00 $226, 934. 00 844, 750. 00 182, 941.00 1, 254, 625. 00 1,737,125.00 An examination of the above tables shows that the total export of gold from the port of Kew York during the fiscal year ended June 30, 1892, was $47,165,025, and during the four months ended October 31, 1892, $18,810,011, while the amount imported at the port of New York during the last fiscal year was $36,827,984, and during the four months ended October 31, 1892, $1,737,125. In another portion of this report the total imports and exports of the precious metals from all the ports of this country are given, from which it will appear that the total gold exxDorts duringthe fiscalyear ended June 30, 1892, aggregated $50,305,533, and tlie total gold imports $50,162,879, a net loss by excess of exports of gold oyer imports during the last fiscal year of only $142,654 against a loss for the preceding fiscal year of $67,946,768. ,. From an examination of the above tables, exhibiting the shipments of gold from the port of IsTew York, it will be seen that the disturbance to the natural balance of trade continued during the last fiscal year. I t was thought that the effects of the financial difficulties in Europe caused. by the heavy fall of South American securities, several years ago had almost passed away, but their trail is still well marked and commented on freely abroad. . Besides this, the Austrian Government has been making strenuous exertions during the,last year to obtain sufficient gold for a strong basis in establishing a gold standard for its currency. . Quite a number of the shipments for continental ports were reported as destined for Austria. One great cause of continued large shipments of gold is, as stated by all exchanges and financial writers, the distrust of United States 155 DIRECTOR OF THE MINT. securities raised in the minds of European investors by the large and increasing iDreponderance of silver over gold in the reserve held for the redemption o'f our paper currency. • IMPORTS AND EXPORTS OF THE PRECIOUS METALS. Oold.—The value of the foreign gold bulhon imported into the United .States during the fiscal year 1892 was $11,358,518, of which $4,820,117 came from France, $3,251,707 from England, $1,336,593 from Mexico, and the remainder xH'incipally from countries of Central and South America. Gold was contained in imported silver-lead ores of the value of $214,121. • ^' • •Foreign gold ores of the invoiced value of $-249,304 were imported into the United States for reduction, all except a small amount coming from Mexico. . . . , Foreign gold coins were imported of the value of $22,908,493, of which $8,222,724 came from Australia, $5,538,725 from France, $4,266,314 from England, $2,392,310 from Germany, $1,405,364 from Cuba, $542,499 from Mexico, and the remainder from various countries. United States gold coins^vere returned to the United States of the value of $15,432,443, of which $5,486,975 came from France, $5,272,315 from England, $1,529,590 from the British jiossessions in North America, $1,105,015 from Germany, and the remainder from various countries, Xirincipally of Central and South America. The total imports of gold into the United States during the fiscal year may be summed up as follows: J GOLD IMPORTS, 1892. Items. Foreign Foreign Foreign Foreign bullion coin^..:. •. ores gold in silver-lead ores Total foreign United States coin Total imports Amount. $11,358,518 .22,908,493 249,304 214,121 34, 730, 436 15,432,443 • 50,162, 879 The exx)orts of domestic gold bullion aggregated $479,388, and of domestic gold coin, $42,841,963. Of the above amounts $19,283,150 were invoiced to Germany, $13,061,100 to France, $6,328,040 to England, $1,727,4-92 to Yenezuela, $1,258,720 to British x)ossessions in North America, and the remainder to various countries. . In addition, foreign gold bulhon was reexported of the value of^ $22,637 and foreign gold coin of the value of $6,851,339, of which $6,036,048 went to Cuba and the remainder principally to England. Domestic gold ores were exported of the invoiced value of $39,325, and foreign ores AYcre reexported of the value of $13,004, while domestic gold was contained in .copper inatte shi]3ped abroad of the value of $57,877. 156 REPORT ON THE FINANCES. The movement of gold from the United States during the last'fiscal year may be summed up as follows: GOLD E X P O R T S , 1892. Items. United States bars Other domestic bullion . : Domestic coin Gold contained in copper matte Domestic ores...Total domestic Foreign bullion reexpoj-ted Foreign coin reeexported Foreign ores reexported Total foreign. ." '. ^ '.. - , , • •. $8, 260 471,128 42, 841, 963 57, 877 39,325 43,418,553 " $22, 637 6, 851, 339 13, 004 • 6, 886,'980 Total gold exports From the above tables it will be seen that the excess of the exports of gold over imports during the last fiscal year amounted to only $142,654, against a loss for the preceding fiscal year of $67,946,768. Silver.—The commercial value of foreign silver bullion imiDorted into the United States during the last fiscal year, as registered at the custom-houses, was $5,115,808, of which $4,431,920 consisted of commercial bars from Mexico, $451,676 from Colombia, and the remainder in desultory amounts from various countries of this continent. In addition to the importations of silver bars, silver ores were imported of the invoiced value of $9,656,761. As usual, the bulk of these ores—$9,508,321—came from Mexico, and the remainder from British North America, These ores were principally silverdead ores, containing, in addition to the silver contents, large quantities of metallic lead and some gold and ctipper. The following interesting table, kindly com]Diled by the Chief of the Bureau of Statistics from special stateinents fnrnished by the collectors of customs, exhibits approximately the quantity and value ofl the difierent metals contained in these ores: 157 DIEECTOR O F XHE MINT. J S T A T E M K N T SHOWING BY CUSTOMS DISTRICTS THE QUANTITIES AND VALUES OF S I L V E R O R E I M P O R T E D INTO T H E U N I T E D fSTATES DURING T H E F I S C A L YEAR 1892^ AVITH THE QUANITTIES AND VALUES OF GOLD, SiLVMR, L E A D ^ AND COPPER CONTAINED IN THE O R E , SO FAR AS ASCERTAINED. Total ore. Gold. • ^ilver. Customs districts. Pounds. Duluth Minn TsTpw'Orlf^ans lifi , 163,5.14 246, 728, 237 P a s o del I^orte, T e x 6,153 296 1, 322,133 119,756 New York, l ^ . Y JvTorth a n d S o u t h D a k o t a . . - $1, 533,171 14, 608, 3.58 32, 322, 675 Arizona) Corpus Christi, T e x C h a m n l a i n IST Y Ounces. Value. a 810 4, 228 a 69,116 1, 028 3,508 a 243, 334 Ouu ces. Value. $126,134 1, 501, 822 5, 926- 1, 423, 382 $1, 327, 874 1, 248, 592 1, 306 1,110 3,61.3 3 5i)8 5,049,033 61 000 b 5, 209,466 5, 772 5 636 - 714 / a 690 61, 000 6, 4.38, 721 3, 055 P u g e t Sound, W a s h . : 52, 621 - Six months ending Dec. a 5, 825 31 1891 Six months ^ending J u n e 30,1892 6, 015 230,134 . 5, 793 • Total. Value. i • ' 11,840 : 11, 429 • . Saluria T e x San Francisco, Cal.: S i x m o n t h s e n d i n g Dec. 31 1891 Six m o n t h s endingJ u n e 30,1892 143 529, 569 21,1.94, 000 2,961 455 765 _ 261,167 261 167 -' 264, 911 2, 232, 624 1, 281 26,479 10, 928 214,121 269, 439 c 229,-023 526, 078. Total 10, 745, 226 G-rand t o t a l 490,190 - Lead. Customs districts. • . * Pounds. ' 266, 889 $13, 349 8,994 43, 935, 04,0 $65,814 , 4,413 3,118 314 1,168, 291 176, 728 8, 343 .4, 728 189 103,922 . Total . Copper. Value. 2, 264, 463 P u g e t Sound, W a s h . : -Six m o n t h s e n d i n g D e c 31,1891 Six m o n t h s e n d i n g J u n 3 30,1892 . . . • 163, 904 Corpus Christi T e x Dptroit Mich T^ToTit.aiia a n d I d a l i o Pjmo dftl N o r t e T G X 8, 809, 648 •Pounds. Saluria T e x 532, 083 . San F r a n c i s c o , Cal. : S i x m o n t h s e n d i n g J u n =5 30,1892 Grand total. . ' . 7,398 222 12,126 411 3,561,954 89, 704 ' . 331, 894 50 3fi'^ 9.Q7 ' a 1^0 furth er data obtaiuable. c Estimated at 85 cents per pouud. e Estimated at 5 cents per pound. Value. ^ ' d 8, 297 • 22; 236 e l , 112 ; 1 .sin ^({'i 465, 853 22, 804 \ ' b Contains some gold, which canjnot besej^arately statedd Estimated at 2^ cents per pound: ^ NOTE.—The data in this table have been obtained from special reports by the collectors of^custoius, and, although necessarily incouiplele in some details, are belicTejl to be'valpable. This table will not, in the tjptal value of the ore, compare with the stated publications, which latter represent onlj^ the value of the free silver ore and exclude thQ^value of the dutiable contents, such as lead aud copper. 158 REPORT ON THE FINANCES. Erom the above table it will be seen that the approximate value of the silver contained in these ores was $8,809,648, reckoned iDresumably at its commercial price, and ofthe gold $214,121. These ores contained in addition 50,382,297 pounds of metallic lead, valued at $1,340,362, and 465,853 xDonnds of copper, of the invoiced value of $22^804. Foreign silver coins were imported into the United States of the value of $14,679,709, of which $12,697,618 consisted of Mexican dollars and the remainder were principally South American coinsOf our own silver coins, j)rincipally subsidiary pieces, $159,569 A\^ere returned during the year. The imports of silver into the UnitedStates duringthe fiscalyear are summarized in the following table: IMPORTS OF SILVER, Items. 1892. Amount. Foreign bullion (commercial value) Silver in foreign ores (commercial value) Foreign silver coin. $5,11^, 808 8,809,648 14, 679, 709 Total foreign IJnited States silver coin 28,605,165 159, 569 Total silver imports , 2-8, 764,734 The exports of domestic silver bars aggregated $16,638,385, reckoned presumably at their-commercial value, the bulk of which, $13,692,977, Avent to England, $809,964 to Erance, and $617,369 to Japan. In addition to the. exports of domestic silver bullion, copper matte was exported from the port of Baltimore to England for reduction during the year containing silver ofthe commercial value of $657,667. The following letter from the collector of the port of Baltimore, inclosing a tabulafced statement of copper matte exjDorted during the year, is presented. O F F I C E OF THE COLLECTOR OF CUSTOMS/ Port of Baltimore, SGjptemher 6, 1892. S I R : In cGmpliance with your letter of tlie 2cl instant I have tlie pleasure to transmit herein a statement showing the amount of gold and silver contained in copper matte exported from, the port of Baltimore during the fiscal year ending J u n e 30, 1892. " ., • Very respectfully, W. M. M A R I N E , Collector. Hon.. E. 0 . L E E C H , , . Birector of tlie MintJ Wasliington-j B.Ci . 159 DIRECTOE OF T H E MINT. STATEMENT OF S I L V E R - C O P P E R MATTE E X P O R T E D FJIOM THE P O R T O F , B A L I I MORE DURING THE F I S C A L YEAR ENDING J U N E 30, 1892. [Calculated on a basis of 60.5 per cent pure copper, 35 ounces pure silver, and 0.14 ounce pure gold.] Month. Pure copper. 'Pure silver.. Pure gold. Matte. 180L August...September. December.. Pounds. 1, 771,600 410, 200 1,161,214 Tons. 885.8 205.1 Pounds. 1, 071, 818 248,171 • 702,534 3,594, 000 1, 952,117 3, 322, 000 5, 774, 000 10, 800, 000 11,196,000 1,797 . 976 1,661 2,887 5,400 5,598 2,174,370 1,181,031 2,009,810 3, 393, 270 6, 534, 000 6,773,580 . 62,895 34,160 58,135 101, 045 189, 000 195, 930 25L6 137 233 404 756 784 19, 989. 9 24, 088, 584 699, 646 2,799. 8 Ounces. 31,003 7,178 20,300 Ounces. 124 29 8L2 1892. January .. February. March "AiJril May June 39, 981,131 Total. Foreign silver ores were reexported of the value of $332,336, and foreign silver bullion of the value of $11,689. . Our own subsidiary silver coin was exported of the value of $126,682, principally to countries of this continent. Foreign silver coins, principally Mexican and South American" coins, were reexported to the value of $16,033,803, of which $6,648,031 went to Hoiig-Kong, $5,863,476 were consigned to England, $1,687,000 to Japan, and the remainder to various, countries. ' ' ; The expprts of silver dnring the last fiscal year are exhibited in the following table: - • ' . Mx2)orts of silver, 1S92. Items. Amount. Domestic bars (commercial value) Silver contained in copper matte United States subsidiary silver coin .. -. , , ^'otal domestic 17,422, 734 Foreign silver coin reexported Silver in foreign ores reexported Foreign silver bullion reexported — Total foreign "Total silver exx.)orts $16, 638, 385 657,667 126, 682 $16,033,803 332, 336 11, 689 °. 16, 377,828 33, 800, 562 Froni the above tables it will be seen that there was a net loss of silver to the United States by export during the last fiscal year aggregating $5,035,828, against a net gain during the previous year of $2,745,365, showing a net change of $7^781^193. 160 REPORT ON THE FINANCES. STOCK OF MONEY IN THE UNITED STATES. In continuation of previous tabulations, commenced in 1873 by tlie Bureau of the Mint, the following table is presented as exhibiting tbe stock of coin in the United States July 1, 1892: O F F I C A L T A B L E OF STOCK OF COIN I N THE U N I T E D STATES J U L Y 1, Items. E s t i m a t e d s t o c k of coin J u l y 1, 1801 Coinage, fiscal y e a r , 1892 , Gold. $585,140. 050 35,500,988 jSTet"imports of-UDited S t a t e s coin, fiscal y e a r , 1892 Total Loss: jSTet e x p o r t s of U n i t e d S t a t e s coin for fiscal y e a r -1892.. I J n i t e d S t a t e s c o i n m e J t e d f o r r e c o i n a g e fiscal y e a r 1892. U n i t e d S t a t e s coin u s e d i n t h e a r t s , fiscal ye.ar 1892.'.. Total E s t i m a t e d s t o c k of coin J u l y 1, 1892 620, 647, 038 27, 409, 520 557, 968 3, 500, 000 1892. Total. Silver. $483, 507, 968 $1,06^8, 648,018 14, 989, 279 50 496 267 32, 887 32, 887 498, 530; 134 6, 819, 921 200, 000 31, 467, 488 7,019., 921 589,179, 550 491, 510, 213" .1,119,177,172 • 27,409, 520 7, 377, 889 3,700,000 38, 487, 409 1,-080, 689. 703 I t may be proper to repeat here that the basis df the annual tabulations of the stock of gold coin ih the United States was the actual amount of gold coin in the Treasury and. in. national banks oji June 30, 1872^ with an addition of $20,000,000 as an estimate of the minimum amount of gold coin in circulation in the States of the Pacific Slope. No allowance was made in the initial estimate for any stock of gold outside of the Treasury and national banks or for any gold in circulation in the States east of the Eocky Mountains. <> Since that date the ofiicial estimates i3resented from year to year have been compiled by adding to the actual visible stock June 30, 1872, the coin age. of- the mints (less recoinage of our own coins) and the gain (or loss) by import and export of our own coin as registered at the custom houses, with an annual alioAvance for melting of United States coin for use in the industrial arts based upon three censuses taken by the Buof the Mint of the jewelry trade. In the case of silver the stock of silver dollars is estimated to be the coinage since March 1, 1873, and the stock of subsidiary silver coin the coinage since 1873, with an estimate of the amount in the country at that date of $5,000,000, and the annual gain or loss by coinage and import and an annual allowance for melting in the industrial arts, as in the case of gold. From tbe table above presented it will be seen that the estimated stock of our own coins in the country on July 1, 1892, aggregated: Gold, $589,179,550;.silver, $491,510,213, of which $413,988,735 were; silver dollars and $77,521,478 subsidiary silver coins^ making a total coin stock of $1,080,689,763. In addition to the stock of gold and silver coins, gold and silver bullion belonging to the Government was stored in the mints and assay offices at thesame date, valued as follows; 161 DIRECTOR O F T H E MINT„ BULLION I N MINTS AND ASSAY O F F I C E S J U L Y 1,1892. Metals. Value. Gold Silver (cost) $75,095.785 77, 068, 783 Total : 152,164.568 The stock of silver bullion outside of Government vaults is not a matter of record, except the bars on deposit with the Mercantile Safe Deposit Company in I^ew York City^ against which certificates are issued which, according to the report of that company to the New^ York Stock Exchange, amounted at the close of business on June 30,1892, to 1,954,420 ounces of silver, worth, at the market price, $1,734,548, Adding the,value of the silver bullion in the vaults of the Mercantile Safe Deposit Company, and the value of the gold and silver bullion in the mints to the stock of coin in the United States, the total metallic stock of the United States July 1,1892, was as follows: METALLIC STOCK J U L Y 1, 1892. Coin,and bullion. Value. Gold....... Silver (bullion in mints and Mercantile Safe Deposit Company). Total ..J..J"........... $664, 275, 335 570, 313, 544 1, 234, 588, 879 The metallic stock on July 1,1891, the commencement of the fisca year, was gold, $646,582,852, silver, $522,277;-740, total, $1,168,860,592/ From the above it will be seen that notwithstanding the large movement of gold from the United States during the year, there was a net increase in the gold stock of this country during the last fiscalyear aggregating $17,692,483, against a loss during the previous fiscal year of $485980,177, while^the-stock of. silver increased $48,035,804. • The ownefslii'p of the stock of United States coin, and of the gold and silver bullion in the country on July 1, 1892, is exhibited in the. following table:O W N E R S H I P O F GOLD AND SILVER I N THE U N I T E D STATES J U L Y 1, 1892o Silver coin and bullion. Ownership. ' Gold coin and bullion. Silver . dollars. Subsidiary silver coin. •; Silver, bullion. Total silver., Total gold and silver coin and bullion. United States Treasury. *$114, GCI, 767 t$30,308,448 $14,224,714 $77,068,783. $121,601,945 $236,203,712 Nationalbanks (July 12, 229,320,480 38,569,297 1190,751,183 §32,989, 995 5,579,302 1892) . - -. Private banks and indi769, 064, 687 viduals . . . . . . . . . . . . . . . 358,922, 385 350,690,292 57,717,462 4734,548 410,142,302 Total......o. 664,275,335 413,988,735 77,521,478 78,803,331 570,313,544 1,234,588,879 *Goldcoin and bulMonin Treasury, exclusive of $141;235,339 gold certificates outstanding. t Silver dollars in Treasury, exclusive of $326,880,803 silver certificates outstanding. I Includes $94,028,100.Treasury and clearing-house §old certiSpates, I Includes $25,523,399 silver certificates held by national bajik-s. Fi92 1 1 . '• . ' '• 162 REPORT ON T H E FINANCES. The following table exliibits the stock of metallic and paper money in the United States, and the location of the same July 1,1892: - LOCATION OF THE M O N E Y S OF THE U N I T E D STATES J U L Y 1, I n Treasury. Moneys. Gold bullion, Silver bullion Gold coin Silver dollars Subsidiary silver coin. In JSTational - banks (July 12,1892).- In other banks and general circulation. $75,095,785 1892. Total. $75,095,785 78,803; 331 589,179, 550 413,988,735 77,521, 478 : 14,227,774 7,466,596 5,579,302 $1,734, 548 303, 347,741 49, 350, 866 > 57,714,402 704,174,341 118, 266,981 412,147, 557 1,234,588, 879 37,121,112 ' 3,453,379 .15, 530, 310 4, 920,839 5,462, 333 590, 000 113, 915, 016 85, 530,100 25, 523, 399 125,082,957 29,840,000 195, 644, 888 98, 258, 692 55,563,519 301,170,066 142,138,560 346,681, 016 101,712,071 156,623, 929 331, 614, 304 172, 683, 850 30,430,000 67,077, 973 279,891,472 77,068, 783180, 610, 726 *$105, 221,083 357,171, 273 Total.. Legal-tender notes (old issue) : Legail-teuder notes (act July 14; 1890), Gold cer,tiflcates SUver certificates .*.... N'ational-bauk notes Currencj'^ certificates Total . 792,775,725 1,139,745,170 * Includes $8,498,000 gold clearing-house certificates.t Includes $3,757,117 ot their, own notes held by different national banks. The number of silver dollars in actual circulation, that is, outside of the Treasury, on J u l y l , 1892, Avas 56,817,462,- against 58,826,179 at the commencement of the fiscal year, showing that the number of silver dollars in bodily circulatipn fell ofi" during t h e ' l a s t fiscal year $2,008,717, notwithstanding the fact that the Government stands ready to ship such coins, free of expense, to any person in the United States depositing lawful money for the same. The number of silver dollars owned by the Treasury on July 1, 1892,: was 30,308,448, against an ownership of 39,597,12^ at the commencement ofthe year, showing that the number of these dollars owi^ed ,by the Government was reduced $9,288,675 during the year. The total metallic and paper money in the United States July 1,1892, exclusive ofthe holdings ofthe United States Treasury and the silver bullion in the vaults of the Mercantile Safe Deposit Company, aggregated $1,601,347,187, against $1,497,440,707 at the commencement of the year, showing that the.acfualincrease in the circulating medium of the country during the last fiscal year reached the enormous sum of $103,906,480. The following table exhibits approxiniately the stock of United States gold and silver coins in the country on November 1, 1892. STOCK OF GOLD AND S I L V E R COIN- I N T H E U N I T E D STATES N O V E M B E R 1, 1892. Silver coin. Date. Gold-coin, Silver dollars. Stock July 1,18'92 : . . . • $589, its, 55o' $413; 988,735^ Loss orgain since that date. --11,-.792,'106 ' . 2, 424,100 Stock l^ov. 1,1892 577, 387,444 416,412,835 Subsidiary. Total silver coin. Total gold and silver coin. . $77,521,478' $491,510, 213 $1,0§0,689,763 - --36,491 2, 387, 609 — 9,404,497 - 77,484,987 493,897,822' -1,071, 285, 266 163 DIRECTOR OF T H E MINT. The valueof the gold and silver bullion in the mints and assay offices at the same date was as follows: GOLD AND SILVER, BULLION IN MINTS AND ASSAY O F F I C E S NOVEXMBER 1, 1892. Metals. Cost value. Gold Silver.. :..Total $78, 654, 419 91, 829, 247 170, 483, 606 The market value of the silver bullion reported by the Mercantile Safe Deposit Company to the stock exchange as in its vaults at the close of business October 31, 1892, was $1,887,882. Adding the gold and silver bullion in the mints and the valne of the >silver bullion in the vaults of the Mercantile Safe Deposit Company to the- stock of coin in the United States, the total metallic stock on "N'ovember 1, 1892, was approximately as follows: ^ METALLIC STOCK, NOVEMBER 1,1892. ~ Coin and bullion. o Gold '' Amount. - - /..... SUver (bullion in niints. and Mercantile Safe Deposit Company).. Total $656,041,863 587, 614, 951 1, 243, 656, 814 The following table exhibits the amount of paper and metallic money in the United States, and the location of the same on JS"ovember 1,1892: ' LOCATION OF THE MONEYS OF THE U N I T E D STATES NOVEMBER 1, Moneys. In Treasury. Outside of • Treasury. 1892. Total. METALLIC. Gold'bullion ..." '. Silver bullion Gold coiu . r , Silver dollars .. .. ......'.... Subsidiary silver coin . .. ....'. Total '$78,-654,419 91, 829,-247 , 166,135, 247 354, 740, 380 11, 499, 579 $1,887,882 411, 252,197 61,672,455 65, 985, 408 $78,654,419 93 717 129 577, 387, 444 . 416,412,835 77 484 987 702, 858, 872 540, 797, 942 1,243,656,814 332, 080, 234 114,567,423 120, 255, 349 324,552,532 165, 224,137 10, 550, 000 346, 681, 016 116, 611, 233 143,437,-339 326, 8.50, 304 172,432,146 11,110, 000 1, 067, 229, 675 1,117,122, 038 PAPER. Legal-tender notes, old issue Legal-tender notes (act July 14,1890) Gold certificates Silver certificates. '. ''. National-bank notes : Currency certificates T0t a l . : -- ^ .14,600,782 2, 043, 810 23,181, 990 ) _ 2, 297, 772 - .7,208,009 . 560,000 ' 49, 892, 363 164 REPORT ON T H E FINANCES. From a comparison of this table with a similar table for the same date of 1891 it will be seen that the amount of paper and metallic money in circulation—that is, outside of the Treasury vaults and exclusive of the stock of silver bullion in isTew York City-7-was $1,606,139,735, against $1,564,492,161 at the same date last year, showing an increase in the amount of money in actual circulation in the United.States during this period of $41,647,574. Thefollowiug table exhibits approximately the stock of gold, silver, and uncovered paper -money in the United Kingdom, France, Germany, and United States at the present time, and the amount per capita: ESTIMATED STOCK OF GOLD AND SILVER AND ACTUAL AMOUNT O F UNCOVERED P A P E R MONEY I N T H E U N I T E D KINGDOM, F R A N C E , GERMANY, AND THE U N I T E D STATES. l^opulation. Conntries. 38, 000, 000 39, 000, 009 49,500,000 65, 000,000 United Kingdom Fratice Germany United States— Uncovered notes. Gold stock. Silver stock. $550, 000, 000 800,000,000 600,000,000 654,000,000 $100, 000, 000 $50,000,000 700, 000, 000 81,402,000 210, 000, 000 107, 000, 000 575,000, 000 405:790,000 Total metallic stock and uncovered paper. $700,000,000 1,581,402,000 917,000,000 1,634,790, OQO Per capita. Countries. Gold. United Kingdom France Germany United States — $14,47 . 20. 52 12.12 10.06 Silver. $2.63 17.95 4.26 8.85 Paper. $L32 2.09 2.16 6.24 Total. $18.42 40.56 18.54 25.15 I n t h c a b o v e table, in the case of the United States the gold vstock includes thegold certificates outstanding and the silver stock includes the silver certificates and Treasury notes, and these amounts have been deducted from the amount of paper inoney outstanding. From the legahtender notes outstanding the sum of $100,000,000 gold held in the Treasury has been deducted. GOLD AND SILVER USED IN T H E INDUSTRIAL ARTS. AvS- in previous years inquiries have been made for the purpose of ascertaining approximately the amount of gold and silver used in the United States in the industrial arts and manufactures. These inquiries have been confined to ascertaining from Government institutions and from private- refineries the amount and value ofthe bars of gold and silver soldto jewelers and manufacturers for industrial uses during the last calendar year, and as nearly as possible the material used in the manufacture of such bars. The following table exhibits the quantity and value of the gold and silver bars issued to manufacturers and jewelers by the United States Assay Office at Kew York during the calendar year 1891: 165 DIRECTOR OF THE MINT. BARS MANUFACTURED FOR, USE IN THE INDUSTRIAL ARTS BY THE UNITED STATES ASSAY OFFICE AT NEW YORK/DURING, THE CALENDAR YEAR ENDED DECEMBER 31, 1891. • * Gold. Material used. Silver. r i n e ounces. Domestic bullion United States coin... Foreign material Old plate, jewelry, etc Total.. ,.. Value. Fine ounces. Value. 381,839. 506 $7, 893,323 3,208, 511.99 46. 039 952 306.76 30, 4.04.872 628, 525 970,262.08 102, 201.052 2,112, 683 329,528.56 $4,148,379 397 1, 254,480 426, 057 51.4,491.469 10, 635,483 4,508, 609. 39 5,829,313 Thefollowiug t a b l e exhibits t h e value of gold a n d silver b a r s furnished for i n d u s t r i a l use b y t h e m i n t a t P h i l a d e l p h i a d u r i n g t h e calend a r year 1891: . BARS MANUFACTURED FOR USE IN THE INDUSTRIAL ARTS BY THE UNITED STATES MINT AT PHILADELPHIA DURING THE CALENDAR YEAR ENDED DECEMBER 31,1891. Gold. Silver. Value. .Fine ounces. Domestic bullion 67, 293.854 :...-. 830.154 U n i t e d States coin. Old p l a t e , j e w e l r y , etc Total • .... 2, 814. 473 . . 70, 938. 48f F i n e ounces. "Value. $1, 391, 088 • "17,161 58,180 "1,253.48 15,891. 08 $1,621 20, 546 1, 466, 429 17,144. 56 22,167 .. F o r t h e puriDose of ascertajining t h e value o f t h e gold a n d silver b a r s furnished byp)rivate works for industrial uses, a circular letter, inclosing a form of report, w a s addressed to forty-one firms iii t h e U n i t e d S t a t e s , belieyed to comprise all t h e p r i v a t e firms e n g a g e d in t h e manufacture of gold and silver b a r s . I t is gratifying to be able to r e p o r t t h a t replies h a v e been received from all t h e firms addressed, so t h a t t h e information on this h e a d m a y b e considered complete. T h i r t e e n firms r e p o r t e d t h a t t h e y h a d n o t manufactured any b a r s for' i n d u s t r i a l u s e d u r i n g t h e year, Avhile twenty-eight firms furnished rep o r t s showing t h e value a n d composition of t h e b a r s sold b y them. T h e r e s u l t of t h i s inquiry on t h e p a r t of t h e p r i v a t e works is exhibited in t h e following t a b l e : BARS FOR INDUSTRIAL USE FURNISHED GOLDSMITHS- AND OTHERS BY PRIVATE REFINERIES DURING THE CALENDAR YEAR. 1891. Gold b a r s m a n u f a c t u r e d . Silver b a r s m a n u f a c t u r e d . Materialused. Fine ounces. D o m e s t i c b u l l i o n ( e x c l u s i v e of U n i t e d S t a t e s b a r s ) 68. 366. 838 United States bars 92.116. 207 U n i t e d S t a t e s coin . . . . . Old p l a t e , j e w e l r y , a n d o t b e r old m a t e r i a l . 21.281. 324 Total..;... ISTumber of firms addressed..; Number replying 130.121.445 Value. Fine ounces. $1,413,268 2,429,130.51 1,904,211' 731,26L18 439,924 176-381. 65 2, 689, 849 318, 287. 31 31li 885.814 - 6,447,252 3, 655, 060. 65 41 I IsTumber not manufacturing 41 | Number manufacturing Coining value. $3,140,694 945,469 228,049 . 411,523 '4,725,735 i 13 ^, 28 166 R;EP0RT ON T H E FINANCES. Of the bars furnished by private firms,to goldsmiths and others for industrial uses $1,904,211 in gold and $945,469 in silver w^ere <^ United States bars;'^ that is, bars bearing thestamxD of Grovernment institutions. As these bars are reported by the institutions issuing the same, to prevent duplication, their value must be deducted from the totals reported b y private works. Eliminating the value of United States bars furnished by private refineries, the following table exhibits the work of private refineries in this line during the calendar year 1891: BARS F O R INDUSTRIAL USE (EXCLUSIVE O F G O V E R N M E N T B A R S ) F U R N I S H E D GOLD- SMITHS AND OTHERS BY PRIVATE REFINERIES DURING THE CALENDAR YEAR 1891. Gold b a r s m a n u f a c t u r e d . Silver b a r s m a n u f a c t u r e d . Materialused. U u i t e d S t a t e s coiu ^' Old p l a t e , j e w e l r y , a n d o t h e r old m a t e r i a l Total . . . Fine ounces. Value. F i n e ounces. Coining ' value. 68, 366. 838 21, 281. 324 130,121*445 $1, 413, 268 439,924 2, 689, 849 2,429,130.51 176, 381. 65 318,287.31 $3,140,694 228, 049' 411,52a . - 219,769.607' 4,543, 041 2, 923, 799.47 3, 780, 266 \ . The following is a suminary of the work of Government and private refineries in the preparation of bars for industrial use during the calendar year 1891: ,. GOLD AND S I L V E H BARS F U R N I S H E D F O R U S E I N MANUFACTURES AND T H E A R T S DURING THE CALENDAR Y E A R 1891, ANI) CLASSIFICATION OF THE MATERIAL USED. Gold. Material. F o r e i g n b u l l i o n a n d coiu Old m a t e r i a l ; *. • Total Total. $7,289,073 228,446 1,256,101 858,126 $17, 986, 752 458,037 • / 628,525 4,860,712^ 16, 644,953 9, 631,746 '26,276,699 $10, 697, 679 D o m e s t i c bulJion U u i t e d S t a t e s coiu ^ • Silver. 686,483 1,884,626 5,718, 838 • .- For the purpose of comparison the following table, exhibiting the work of Grovernment institutions and private refineries in the same line during the calendar year 1890, is here presented: GOLD AND S I L V E R BARS F U R N I S H E D F O R U S E I N M A N U F A C T U R E S AND T H E A R T S DURING THE CALENDAR Y E A R 1890; AND CLASSIFICATION OF THE M A T E I U A L USED. •- " Material. Domestic bullion Gold. 1. $10,717,472 . 449, 941 362, 062 3, 076,426 U n i t e d S t a t e s coin . F o r e i g n b u l l i o n a n d coin Old m a t e r i a l Total • . J. : 1 • 14,605,901 Silver. Total. .$7,143, 635 2,024 1, 245,419 640,100 ' $17,861,107 9, 031,178 • 23,637,079 451, 965 1, 607, 481 3,716, 526 167 DIRECTOR OF T H E MINT. Comparing the results for the two years, it will ,be seen that the amount of both gold and silver used in this country for industrial purposes is enormous^ and has largely increased. The A^alue of the gold bars reported as furnished for industrial use during the calendar year 1891 was $16,644,953, against $14,605,90! in 1890, an increase of $2,039,052; and of silver, $9,631,746 in 1891, against $9,031,178 in 1890, an increase of $600,568. The amount of gold coin reported as used in the composition of bars manufactured for -industrial uses was only $458,037, against an estimated melting down annually'of $3,500,000 of our own gold coin for industrial uses, based upon tbur censuses taken by this Bureau for different years as to the direct employment of the precious metals by goldsmiths and others in the nianufacture of watches, jewelry, etc. The melting of coin for industrial uses is principally upon the part" of small jewelers, and not by works maniTfacturing bars. ;^ If there has been no falling off in the amount of coin melted annually for use in repairs and jewelry, the total value of the precious metals used in the industrial arts and manufactures in the United States during the calendar year 1891 was, approximately: Gold, $19,700,000, and silver, $9,630,000, a total of $29,330,000, of which $10,697,679 gold and $7,289,073 silver consisted of new bullion.. ^ I t is the practice of the Bureau to tabulate the returns from private refineries covering the value of the bars of gold and silver furnished for industrial purposes only for calendar years. The information covering fiscal years is confined to the work of Government institutions. The following tables exhibit the quantity aud value o f t h e bars of gold and silver furnished" by Government institutions for industrial uses during the fiscal year ended June 30, 1892: BARS ISSUED F O R USE I N T H E INDUSTRIAL A R T S B Y THE U N I T E D STATES O F F I C E AT N E W YORK DURING THE FISCAL YEAR 1892. Gold. ASSAY Silver. ^: Materialused. F i n e ounces. U n i t e d S t a t e s coin ... Domestic bullion Foreign material Old plate, j e w e l r y , e t c . 6L495 371,125.466 39,378.773 97, 479. 826 . 508, 045.560 Total BARS ISSUED Value. • . $],27L22 7,671,844.25 814,03L49. 2, 015,086. 84 10,502,233.80 F i n e ounces. Value. 1,533.35 3, 545; 234. 51 1,069, 346. 68 339,110. 67 $1,982.51 4, 583,737.54 1,382,589.64 438,446.12 4,955, 225. 21 6,406,755.81 BY^ THE U N I T E D STATES M I N T AT P H I L A D E L P H I A , FOR USE I N INDUSTRIAL A R T S , DURING T H E FISCAL YEAR 1892. , -Gold. THE Silver. Materialused. Fine ounces. 1,093.3.39 . 61,707.673 U n i t e d S t a t e s coin ' Domestic bullion F o r e i <^n m a t e r i a l Old p l a t e , i ewelry, e t c Total .. . . . Value. Fine ounces. Value. , $22, 60L 33 i, 275, 610.81 3, 053.786 63,127. 36 141.94 9, 277. 89 $183.52 11,995. 66 65, 854.798 1,361, 339. 50 9,419.83 12 179 18 168 REPORT ON T H E FINANCES. BARS ISSUED BY GOVERNMENT INSTITUTIONS, FOR USE I N THE INDUSTRIAL ARTS, DURING THE F I S C A L Y E A R 1 8 9 2 . Gold. Material used. F i n e ounces. U n i t e d S t a t e s coin '. Domestic bullion . . . . Forei""n m a t e r i a l . : . . . . Old p l a t e , jewelry, e t c Total Silver. ~ ' ... . ' Value. - Value. F i n e ounces. 1,154.834 432,833.139 39, 378. 773 100, 533. 612 $23,872.55 8, 947, 455. 06 814, 031.49 °2, 078, 214. 20 1,533.35 3,545,234.51 1,069,488.62 348, 388. 56 573, 900. 358 11,863,573.30 4, 964, 645.04 . .$1, 982. 51 4, 583, 737. 54 1, 382,773.16 450,441.78 6,418,934.99 Comparing the totals of the above tables with the work of the preceding fiscal year, it appears that the gold bars paid out at the ^ e w York assay office and the mint at Philadelphia during the fiscal year 1892 aggregated $11,863,573.30, against $12,267,678.57 in thepreceding fiscal year, a decrease of $404,105.27. , ? For silver, the amount for the fiscal year 189.2 paid out by these two institutions Fas $6,418,934.99, against $5,244,516.60 in the preceding fiscal year, indicating an increase of. $1,174,418.39 over the x>revious year. PRODUCT OF GOLD AND SILVER. The detailed statistics of the product of gold and silver in 'the United States for the calendar year 1891 were presented in a special report to Congress on that subject. The statistics of the production of the precious metals are collected only for calendar years, under an annual appropriation made by Congress'. The product of gold and silver from the mines of the United States, exclusive of foreign bullion and ores reduced in this country, was for the calendar year 1891 as Ibllows: • o P R O D U C T OF M I N E S OF THE U N I T E D STATES, 1891. • . Metals. Gold Silver • .. .. . . Total Coining value. F i n e ounces. Commercial value. 1, 604, 840 58, 330,000 $33,175,000 57, 630, 040 $33 175 000 75, 416,565 90,805, 040 108, 591,565 DIRECTOR 169 OF T H E MINT. The distribution of the product of our own mines among producing States and Territories was approximately as follows: APPROXIMATE DISTRIBUTION, B Y PRODUCING STATES AND T E R R I T O R I E S , OF T H E P R O D U C T . OF GOLD AND S I L V E R I N THE U N I T E D STATES F O R T H E CALENDAR Y E A R 1891, AS ESTIMATED B Y T H E DIRECTOR OF T H E M I N T . > Gold. s t a t e or T e r r i t o r y . •^^laska ....• Arizona California Colorado Georgia , Fine ounces. ^- Silver. Value. 43, 537 47,166 609,525 222, 525 3,870 $900, 000, 975,000 12, 600,000 4, 600, 000 80,000 1,680,000 81, 270 3, 628 - ' 75,000 2, 890, 000 139,804 2, 050,000 99.169 905,000 43, 779' 95, 000 4,595 1; 640, 000 79,335 125,000 6, 047 3,550,000 171,731 -'... ,.^Idaho— ' 'T^Micbigan '. • Montana. "". Nevada JSTew M e x i c o N o r t h Carolina ...: Oregon S o u t b Carolina. Soutb Dakota. .Texas ,...1 Utah.. AVashington A l a b a m a , Miarylan d, T e n n e s s ee, V i r g i n i a , V e r m o n t , a u d AVyoming 31,444 16, 206 1,209 Total 650, 000 335, 000 Coining value. Fine . ounces. Total value. 8,000 $10,343 1,480,000 1, 913, 535 969, 697 750,000 21,160,000 • 27, 358; 384 517 400 5,216, 970 . 4,035,000 94,384 • 73,-000 16, 350, 000 21,139,394 3, 520, 000 .4, 551, 111 I,713,131 1, 325, 000 ^ 6,465 5, 000, 297,374 230, 000 646 500 ,. 129,293 100,000 484,848 375,000 y 8,750,000 11,313,131 213, 334 165,000 $910,343 2, 888, 53,5 13,569, 697 31,958,384 80, 517 6, 896, 970 169, 384 24,029,394 6, 601, 111 2,618,131 101,465 1,937, 374 125, 646 3,679, 293 484,848 I I , 963,131 548,334 25, 000 3, ioo 4,008 29,008 33,175, 000 58,330, 000 75,416, 565 108,591,565 The following table exhibits the product, in fine bars of gold and silver, by private refineries in the United States, together with the amount of unrefined gold and silver deposited at Government institutions during theyear: ^ GOLD P R O D U C T OF R E F I N E R I E S I N T H E U N I T E D STATES, 1891. F i n e ounces (troy). Domestic. Reported product of private refineries in the United States Unrefined gold deposited at Government institutions Total . . . . . . Foreign. Total. 918, 514 681, 919 55,051 514,379 1,196,298 973, 565 I, 600, 433 569,430 2,169, 863 • S I L V E R P R O D U C T O F R E F I N E R I E S I N T H E U N I T E D STATES, 1891. Fine ounces (troy). Items. Eeported product of private refineries in the United States Unrefined silver deposited at Government institutions Total Domestic. Foreign. 54, 264, 337 3,179, 080 10, 436, 960 I, 456, 038 64,^01, 297 4,635,118 57, 443, 417 11, 892, 998 69, 336, 415 Total. 170 REPORT ON THE FINANCES. In the Appendix will be found a table showing the annual product of gold and silver from the mines of the United States annually since 1792. A table will also be found, compiled from information furnished, at the instance of this Bareau, by foreign governments through our diplomatic reffresentatives abroad, and revised from the latest data, exhibiting the quantity and value of the gold and silver product of the principal producing countries of the world for the calendar years 1889,1890, and 1891. In the preparation of this table, in cases where .of&cial estimates or reports Avere not at hand,-eifcher the product officially reported for the. preceding (or some near year) has been used by way of estimate, or the product as ascertained from other reliaale sources, but in all cases where the product credited producing countries is not officially estimated this fact, as well as the data upon which the estimate is based, is stated in a footnote. \ \k ^ For the sake of uniformity the value of silver in this table, as in simi- ^ ; lar tables published in preceding reports of this Bureau, has been reck- oned at its coining rate in silver dollars, viz: $1.2929 per fine ounce. The following table exhibits the product of the precious metals in the world for each calendar year since 1873: PRODUCTION OF GOLD AND S I L V E R I N THE W O R L D FOR THE CALENDAR YEARS . 1873-1891. Silver. Calendar years. Gold. F i u e ounces (troy). Commercial A^aiue. Goining value." a }873 1874 1875 1876 1877 1878 1879 1880 .. .-. - ... . . . . . . . 1881 • . . .' ..'... 1882 ' ... .... . . '. 1883.... 1884 . . . . . . . . . . 1885 ... .. . . . 1886 ..." . . •' 1887.. •. . :.. .. 1888 1889. ./..... 1890 . .. . 1891 '. .. $96, 200, 000 63^ 267, 000 $82,120,000 $81 800 000 90, 750, 000 55, 300, 000 70,673, 000 71 500 000 " 97,500; 000 '02,262,000 77, 578, 000 80, 500. 000 103,700,000 67, 753, 000 78,322,000 87,600, 000 114, 000, 000 62,648,000 75,240,000 •81, 000,000 119,000, 000 . 73,4-76,000 84,644, 000 95 000,000 109,000,000 74,250,000 83, 383, 000 96,000 000 106,500, GOO 74,791,000 85, 636, 000 - 96 700,000 • 103,000,000. . 78, 890, 000 89,777, OO 'O 102 000, 000 102,000,000 ' 86,470,000' 98, 230, 000 • 111 800' 000 ' 95, 400, 000 89,177, 000 " 98, 986, 000 115,300,000 101, 700, 000 81,597,600 90,817,000 105 500 000 108, 400, 000 91, 652, 000 97, 564, 000 ilS,500-000 106,000,000' 93, 276, 000 92,772,000 120,600 000 105,775, 000 96,124,000 94, 031, 000 124 281, 000 110,197, 000 108, 827, 000 102,283,000 140, 706, 000 123,489,000 125, 420, 000 117, 268, 000 162,159, 000 120,465, 000 134,380,000 141,100, 000 173,743 000 126,159,000 143, 994, 000 142,266,000 186 174, 000 The silver product is given a t its. comnaercial val[ue, reckoi led at the average market price of silver each yeai •, as Avell iIS its coil]ling value in United States dollars. WORI .D^S COINi\.G-E. ' In the Appendix will be fourid a table, revised f\["om the la test information received at the Bureau, exhibitini ^ the coin ages of tlle various countries of the world, during t;he calend ar years 1889, 1890, and 1891. 171 DIRECTOE OF THE MINT. The following summary is here presented: WORLD'S COINAGE. . • - Calendar years. • , 1889 - Gold. • • . Silver. $168, 901, 519 149,095,865, 119,310,014 1890. 3 891 $139, 242, 595 151,032,820 135, 508, 083 I t is believed that the above figures represent substantially the'total value ofthe gold and silver coinages executed in the world during the years herein named. ^ . ' I t must be borne in mind, however, that the total of these coinages does not even approximately represent the amount of new gold and new silver made into coins duringthe year, for the reason that the coinages {IS reported include the vakie of domestic and foreign coins melted fbr recoinage as well as old material, plate, etc., used in coinage. In-the circular letter of information prepared at this Bureau and sent to foreign Governments through tbe Department of State, asking for information on these subjects, it was especially requested that each country report the amount of such recoinages. This has been done in many instances, but not iiT all. • So far as these recoinages have been reported for the calendar years 1890 and 1891, they are presented in the following table: RECOINAGES REPORTEIS BY CERTAIN COUNTRIES; CALENDAR YEARS 1890 AND 1891. 1890. Copu-tries. Gold. Silver. United S t a t e s . : . . . .$S, 840,150 $3, 373, 000 G r e a t iBritain 15, 808, 519 1,444, 844 $2,114, 533 2, 942,450 I n d i a (British) 2. 315, 919 .' Switzerland Spain Silver $990,1.62 ' 373,669 Australasia- France Gold. - 1, 613,404 2,455,964 279, 850 144,750 1,479,152 2, 423,115 1, 091 Italy...... 540, 000 Portugal 84,420 Netherlands 80,400 2,191,691 Germany . . . . . Au stria-Hungary. 298, 462 922,417 795, 333 687, 827 Denraart , 20, 368 Norway Sweden, Kussia.... Colombia ....... .... : 37,060 253, 867 433,752 1, 814, 89f :. Japan 1,125 Turkey..^....-... Total 248 3, 342,108 31,760,993 11, 348, 820 393,449 432,41.0 8,915,936 172 REPORT ON T H E FINANCES. VALUE OF F O R E I G N COINS. The law requires: That tlie value of foreign coins as expressed in t h e money of account of t h e United States shall be t h a t of t h e p u r e metal of such coin of s t a n d a r d v a l u e ; and t h e values of t h e standard coins in circulation of t h e various nations of t h e world shall be estimated quarterly by t h e Director of t h e Mint and be proclaimed by t h e Secretary of t h e Treasury immediately after t h e passage of this act and thereafter q u a r t e r l y on the 1st day of January^ April, J u l y , and October in each year. In accordance with the above rec^uirement the values of foreign coins A\^ere estimated by me and x)roclaimed by the Secretary of the Treasury on January 1, April 1, July 1, and October 1, 1892, to be as follows: VALUES O F F O R E I G N COINS, J A N U A R Y 1, 1892. Country. Standard.- Argentine Kepublic. G o l d a n d silver. Austria-Hungary... Silver Belgium •Monetary unit. Peso -.. Florin Gold a n d silver. Silver Gold Franc British Possessions, Gold North' America (except Newfoundland). Central American StatesCosta R i c a . . . . : Guatemala. Honduras..?... Silver Nicaragua Salvador CliiH....^ Gold a n d silver. Dollar Brazil . . : China Colombia Cuba Denmark ' Ecuador Eervot Boliviano Milreis Value in terms of United States gold dollar. Coins. $0.96, 5 Gold: Argentine ($4.82,4) and J Argentine. Silver: peso and divisions. .34,1 ' Gold: ^4 florins ($1.92,9), 8 florins ($3.85,8),ducat ($2.28,7) and4ducats ($9.15,8). SUver: I and 2 florins. . . 19, 3 , Gold: 10 and 20 francs. Silver: 5 francs. . 69, l' Silver: Boliviano and divisions. .54,6 Gold: 5,10, and 20 milreis. Silver: ii, I, and 2 milreis. LOO Peso .69,1 Silver: peso and divisions. Peso .91,2 Gold:^ escudo ($1.82,4), doubloon ($4.56,1), and condor ($9.12,3). Silver: peso and divisions. r Shanghai . 1.02,1 S i l v e r . . . . . . . Tael 1 H a i k w a n 1.13,7 [ (customs). Silver .69,1 Peso Gold: condor ($9.64,7) and double condor. Silver: peso. G o l d a n d Peso .92,6 Gold: doubloon ($5.61,7). Silver: silver. peso. Gold !. Crown . . . . .26,8 Gold: 10 and 20 cro^wns. Silver.' .69,1 Gold: condor ($9.64,7) and double Sucre condor. Silver: sucre and divisions. G o l d . . . . . . . . Pound (100 pias- 4. 94, 3 Gold: pound (100 piasters), 5,10,20, and 50 piasters. Silver: 1,2,5,10, ters). and 20 piasters. . 173 DIRECTOR OF T H E MINT. V A L U E S O F F O R E I G N COINS, JANUARY 1, 1892—Continued. Country. Standard. Monetary unit. Finland.. Gold....... Mark France Gold and silver. Gold.l Gold Franc German Empire . . Great Britain HayU India Gold and silver! Gold a n d silver. .Silver .... Mark. Drachma Gourde Rupee. Italy Gold and. Lira... silver. Japan G o l d a n d T e n . . . . fGold.. I Silver. silver.* Gold \ Dollar . Silver Dollar . Liberia Mexico Netherlands Newfoundland Norway Peru Portugal.. Russia Spain Sweden Switzerland Tripoli Turkey Venezuela Gold a n d silver. Gold Gold.. Silver Gold Coins. Gold: 20 marks ($3.85,9), 10 marks ($1.93). ' .19,3 Gold: 5, 10, 20, 50, and IOO francs. Silver: 5 francs. . 23, 8 Gold: 5,10, and 20 marks. 4. 86, 6^ Gold: Sovereign (pound sterling) and ^ sovereign. » Gold: 5,10,20, 50, and 100 drachmas. Silver: 5 drachmas. . 19, 3 Silver: gourde. .96,5 Gold: mohur ($7.10,5). Silver: rupee and divisions. . 32,8 Gold: 5,10,20, 50, and 100 liras. SUver ; 5 liras. .19,3 Gold: 1,2,5,10, and 20 yen. Silver: yen. .74,1 ;0.19,3 Pound sterlin, Greece Value in teiTus of • United States gold dollar. Florin . Dollar -...• Crown Sol Milreis jGold.. Silver t . . . . . . Rouble. .< [silver. G o l d a n d Peseta...... silver. Gold Crown. Gold and Franc. silver. • Silver Mahbub of 20 piasters. GoldPiaster Silver Bolivar — LOO Gold: dollar ($0.98,3), 2^,5, 10, and 20 dollars. Silver: doUar (6r peso) arid divisions. .40,2 Gold: 10'florins. Silver: i, 1, 2^ florins. LOl,^ Gold: 2 doUars ($2,02,7). .26,5 Gold.: 10 and 20 crowns. .' Silver: sol and divisions. ^Gold: i, 2,5, and 10 milreis.Goid:'ijnperial ($7.71,8), and ^ im• perialt($3.86). . 55, 3 . Silver: ^, I, and 1 rouble. .19,3 Gold: 25pesetas. Silver: 5pesetas. .75 .26,8 ^Gold: 10 and 20 crowns. .19,3 Gold: 5, 10, 20, 50, and 100 francs. SUver: 5-francs. .-62, 3 . 04,4 .13,8 Gold: 25,50,100,250, and500piasters. Gold: 5,10,20,50, and 100 bolivars. Silver: 5 bolivars. - * Gold the nominal standard. Silver practically the standard. -• ." t Silver the nominal standard. Paper the actual staudard, the depreciation of which is measured by .the gold standard. J Coined siup,e January 1,1886. Old half imperial = $3.08,6. 174 REPORT ON T H E FINANCES. V A L U E S OF F O R E I G N C O I N S , A P R I L 1, Country. Standard. Value in terms . Monetary unit. . of United States gold dollar. Argentine Republic Gold and sil- Peso ver. Aus tria-Hungary... Silver Belgium Bolivia Brazil Florin .- Gold and sil- Franc ver. Silver Boliviano Milreis Gold British Possessions Gold North A m e r i c a ( e x c e p t Newfoundland). Central American StatesCosta Rica.' " Guatemala Honduras > Silver NicaragTia Salvador ChiU ver. 1892. ..'. DoUar Coins. $0."96, 5 Gold: argentine ($4.82,4) and \ argentine. Silver: peso and divisions. , . 32, '8- Gold: 4 florins ($1.92,9), '8 florins ($3.85,8), ducat ($2.28.7), and 4 ducats ($9.15,8). Silver: 1 and 2 florins. -... .19,3 Gold: 10 and 20 francs. Silver: 5 francs. .66,5^ Silver: boliviano and diA^isions .54,6 Gold: 5,10, and 20 milreis. Silver: *, 1, and 2 milreis. „ 1.-00 • . Peso.-.. Peso • - . • . 66, 5 Silver: peso and divisions. . 91 2 Gold: escudo ($1.82,4), doubloon ($4.56,1), and coudor ($9,12,3). Silver: peso and divisions. [ Shanghai .98,2 .. Tael < Haikwan 4. 09, 3 • China .-- Silver.. 1 (customs), Colombia Silver.. •pesoi .66,5 Gold: condor ($9.64,7) and double . condor. Silver: peso. Cuba Gold and sil- Peso .92,6 Gold: doubloon ($5.01,7). Silver: peso'. ver. Denmark G o l d . . . . : . . . Crown .26,8 Gold- 10 and 20 crowns. Ecuador Silver........ Sucre.-......" .66,5 Gold: condor ($9.64,7)''and doublecondor. Silver: sucre and divisions. Eervnt Gold Pound (100 pias- 4.94,3. Gold: pound (100 piasters), 5,10,20, • ters). • and 50 piasters. SUver: 1,2, 5,10, and 20 piasters. Finland G o l d . . . . . . . . Mark ".. 19 3 •Gold: 20 marks ($3.85,9), 10 m a r k s . $1.93). France Gold and sil- Franc .19 3 Gold: 5, 10, 20, 50, and 100 francs. ver. Silver: 5 francs. German Empire . . . G o l d . . . . . . . . M a r k . . ... .23,8 Gold: 5,10, and 20 marks. Great Britain Gold.,.,...... Pound.sterling .. 4.86, 6^ Gold: Soyereign (pound sterling) ^ and \ sovereign. Greece Gold and sU- Drachma .19,3 Gold: 5,10,20, 50, and 100 drachmas. ver. Silver: 5 drachmas. 175 DIEECTOR OF T H E MINT. VALUES O F F O R E I G N COINS, A P R I L 1, 1892—Continued. Country. India. . Standard. Value , iri terms of Monetary unit. United States gold doUar. Gold and sU- Gourde ver. Silver Rupee Coins. $0. 96, 5 SUver: gourde. . 31,6 Gold:, mohur ($7.10,5). Silver: rupee and divisions. Gold: 5, 10, 20, 50, and 100 liras. Silver: 5 liras. Gold: 1,2,5,10, and 20 yeri. Silver: yen..' Gold and sil- Lira .19,3 ver. Gold, and •>• ( G o i a . . . .99,7 Japan \ silver.* -> ^ « ° — * Silver.. .71,6 Gold......... Dollar LOO Silver Dollar' ..72,2- Gold: dollar ($0.98,3), 2^,5,10,"and Mexico 20 dollars. Silver: dollar (or peso) and divisions. Gold and sil- Florin .40,2 Gold: 10florins. SUver: ^, 1, and 2J ver. florins. Gold Newfoundland DoUar I. oi, 4 Gold: 2 dollars ($2.02,7). G o l d . . . . . . . . Crown .26,8 Gold: ,10 and 20 crowns. Norwav Silver .66,5 SUver: sol and divisions. Sol ...". Peru Gold L08 Gold: 1, 2, 5, and 10 milreis.. Milreis Portugal .'77,2 Gold: imperial ($7.71,8), and ^imfGold... Silver! perial+($8.86). ' ; Rouble j Russia . [ s i l v e r . . .53,1 Silver: i, ^, and 1 rouble. Gold and sil- P e s e t a . . . . . . . .19,3 Gold: 25 pesetas. Silver: 5 pesetas. Spain. .... . . ver. . 26, 8 Gold: 10 and 20 crowns. Crown..'. Sweden ' . • Gold-... . 19, 3 Gold: 5, 10, 20, 50, and 100 francs. Gold aud sil- Franc S wi tzerland Silver: 5 francs.' ver. Silver........ l^ahbub o f 2 0 .60 Triijoli . piasters. -. .04,4 Gold: 25, 50,100, 250, and 500piasters. G o l d . . . . . . . . Piaster ...... Turkey Bolivar . 13, 3 Gold: 5,10, 20, 50, arid 100 bolivars. Silver.. Silver: 5 bolivars. Italy * Gold the nominal standard. Silver practically the standard. t Silver the nominal staudard. Paper the actual standard, the, depreciation of wbich is measured by the gold standard. J Coined since January 1,1886. Old half-imperial=$3.98,6. •~ 176 REPORT ON T H E FINANCES. VALUES OF F O R E I G N Value 1 in' terms | of ; United 1 States gold dollar. ^ • Standard. Country. :!OINS, J U L Y 1, Monetary unit. $0.96 5 Argentine Republic Gold and sil- Peso ver. fGold.. Austria-Hungary... 'Silver* Belerium Bolivia Florin .. -J 1 Silver. .32 .19 3 .... .64 9 .54 6 Gold and sil- Franc ver. Boliviano - 'Sih^er.Milreis Gold DoUar British Possessions Gold North Amer i c a (except Newfoundland). Central Americian StatesCosta R i c a . . . . 1 Guatemala 1 Honduras V Silver. . . . Peso Nicaragua Salvador J Gold and sU- Peso Chili ver. 1 China... '. Silver i Colombia Silver Cuba ' Denmark Ecuador .48 2 1892. Coins. 1 Gold: argentine ($4.82,4) and ^argentine. Silver: pesoand divisions. 1Gold: 4 florins ($1.92,9), 8 florins ($3.85,8), ducat ($2.28,7) and 4 ducats ($9.15,8). Silyer: 1 and 2 florins. Gold: 10 and 20 Irancs. SUver: 5 frarics. . Silver: boliviano aud divisions. Gold: 5,10, and 20 mUreis. Silver: . i, 1, and 2 milreis. :. LOO ^ -. . 64 9 Silver: peso and divisions. 91 2 Gold: escudo ($1.82,4), doubloon ($4.56,1), and condor ($9.12,3). SilA'er: peso and divisions. . r Shanghai . .95,8 Tael < Haikwan 1.06,7 [ (customs). Peso A . 1.64,9 Gold and sU- Peso ver. Gold Crown...... SUver Sucre j .92,6 .26,8 64 9 •<»> Gold: condor ($9.64,7) aud double condor. Silver: peso. Gold: doubloon ($5.01,7). Silver: peso. Gold: condor ($9.64,7) and double condor. Silver: sucre and divisions. Eervnt Gold... . Pound (100 pias- 4.94, 3 Gold: pound (100-piasters), 5,10,20, Jbers). and 50 piastres. Silver: 1,2,5,10, and 20 piastres. Finland Gold Mark .19,3 Gold: 20 marks ($3.85,9), 10 marks ($1.93). Erance Gold and sil.19,3 Gold: 5, 10, 20, 50 and 100 francs. ver. Silver: 5 francs. German Empire . . . . Gold Mark .23,8 Gold: 5,10, and 20 marks. Great Britain Gold Pound sterling '.. 4.86 6^ Gold: sovereign (pound sterling) and ^ sovereign. 1 Greece Gold and sil.19 3 Gold: 5,10,20,50, and 100 drachmas. ver. Silver: 5drachmas. 177 DIRECTOR O F T H E MINT. V A L U E S O F F O R E I G N COINS, J U L Y 1, 1892—Continued. Standard. Country. Monetary unit. Value in terms of United States Coins. dollar. Gold a n d silver. I n d i a . . \ . . : . . . ' . . . . . . Silver Hayti Gold an«i silver. Italy Janari .. ..... Gold a n d sil; ver.t Gourde .96.5 Rupee . 3 0 , 8 • G o l d : m o h u r (.$7.10,5;. S i l v e r : r u p e e a n d divisionsl. 1 9 , 3 G o l d : 5,10,20,50, a n d 100 l i r a s . S i l - ' ver: 5liras. . 99, 7 G o l d : 1,2,5,10, a n d 20 y e n . .69,9 Silver: y e n . Lira .^ fGold... ^ ^ " - 1 Silver.. Gold Silver DoUar Dollar Gold a n d silver. Gold.. Gold Silver....... Gold Florin Tripoli Silver Turkey. i Gold M a h b u b of 20 piasters. Piaster i .. .04,4 Venezuela Silver BoliA'^ar .13 liiberia Mexico . Netherlands Newfoundland.' Norway Peru Portugal Russia Spain 1 Switzerland Dollar Crown Sol . I'OO .70,4 40 2 ,... Silver: gourde. G o l d : doUar ($0.98,3), 2h, 5,10, a n d 2 0 dollars. S i l v e r : d o l l a r (or peso) and divisions. G o l d : 10florins. S i l v e r : | , 1, a n d 2 | florins. G o l d : 2 d o l l a r s ($2.02,7). G o l d : 10 a n d 20 c r o w n s . S i l v e r : sol a n d d i v i s i o n s . G o l d : 1, 2,5, a n d 10 m i l r e i s . G o l d : i m p e r i a l ($7.71.8) a n d ^ i m p e r i a l | ($3.86). LOl, 4 . 26, 8 .64,9 Milreis 1 08 j - G o l d . . . . 77, 2 Silver* R o u b l e - -j [ s i l v e r . . . , 5 1 , 9 ' S i l v e r : J, ^, a n d 1 r o u b l e . '. Gold a n d sU- P e s e t a . 19, 3 G o l d : 25 p e s e t a s . S i l v e r : 5 p e s e t a s . ver. ^ Gold .. Crown .. 26, 8 G o l d : 10 a n d 20 c r o w n s . . 1 9 , 3 G o l d : 5, 10, 20, 50, a n d 100 f r a n c s . Gold a n d sil- F r a n c SUver: 5 francs. ver. 58 5 G o l d : 25, 50, 100, 250, a n d 500 piasters. G o l d : 5,10, 20, 50, a n d 100 b o l i v a r s . Silver: 5 bolivars. *• Silver the nominal standard. Paper the actual standard, the depreciation of which is measured by the gold standard. , . t Gold the nominal standard. SUver practically the standard. t Coined since January 1,1886. Old half-imperial == $3.98,6. FI92- 12 178 R E P O R T . ON THE FINANCES. V A L U E S OF F O R E I G N C O I N S , OCTOBER 1, Standard. Country. Monetary unit. A r g e n t i n e R e p u b l i c ; Gold a n d silxdr. 1 Peso !- . $0.96,5 Gold Crown Gold a n d si.l' ver. Silver Gold Franc . 1 Belgium Bolivia 1 Brazil Boliviano Milreis Dollar B r i t i s h Possc'=!sions Gold North America 1 (excex)tNewlbuudlaud.). ' • 1 Central American 1 r .Gold: A r g e u t i n e ($4.82,4) a n d ^ A r - "~ ) States— Co,staRica Guatemala Hondurtis . Nicaragua Salvador Chili Going... g e u t i n e . S i l v e r : peso and divisions. f G o l d : former system—4 florins (.$1.92,9), 8florins ($3.85,8), d u c a t ($2.28,7) a n d 4 d u c a t s ($9.15,8). .20,3 1 S i l v e r : 1 a u d 2 florins. 1 P r e s e n t s y s t e m — G o l d : 20 c r o w n s [ ($4-05,2) a n d 10 c r o w n s ($2:02,6).. . 1 9 , 3 G o l d : 10 a n d 20 f r a n c s . S i l v e r : 5 francs. . 61, 6 S i l v e r : Boliviano a u d d i v i s i o n s . .54,0 Gold- 5 10 a n d 20 m i l r e i s SilA^^er i, 1, a n d 2 m i l r e i s . " 1.00 - i t 1 Austria-Hungary... Value iu terras -of Uuited States gold dollaj. 1892. * "I 1 ']• g i l v e r . . ; i . - P e s o .61, 6 •Silver: p e s o a n d divisions. .91,2 G o l d : e s c u a d o ($1.82,4), doubloon ! (.$4.56,1), a n d condor ($9.12,3). • J G o l d a u d silver. Peso . Silver { China Silver: peso and divisions. r S h a n g h a i . .91,0 1 . Tael.< H a i k w a n , 1. 01, 3 ! [ (customs). '.. P e s o . 61, 6 G o l d : condor ($9.64,7) a n d double condor.' S i l v e r : peso. ' 1 Silver 1 Colombia i Caba DeDUiark Ecuador , Gold a n d sil- • P e s o . . . . . . . . [• -ver. Gold .' . C r o w n Sucre..' - • Silver Egypt F inland JL AA.1 J «,!_!. Vl - - • - - • • - • • - - - France 1 G o l d : doubloon ($5.01,7).. S i l v e r : peso. i . 26,8 • G o l d : 10 a n d 20 c r o w n s . .61,6 G o l d : condor ($9,64.7) a n d d o u b l e condor. S i l v e r : s u c r e a n d divisions. 4. 94, 3 G o l d : p o u n d (IOO p i a s t e r s ) , 5,10, 20, a n d 50 p i a s t e r s . S i l v e r : 1,2,5,10, Gold P o u n d (100 piasters) . Gold Mark .19,3 Gold a n d silver. Gold Franc .19,3 Gierman E m p i r e G r e a t B r i t a i n . . . ' . . . . Goid •• . 92, 6 -^ I • Mark..; :23,8 P o u n d s t e r l i n g . . 4. 86, 6A arid-20 p i a s t e r s . G o l d : 20 m a r k s ($3.85,9), 10 m a r k s ($1.93)\ Gold: 5, 10, 20, 50, a n d 100 frauds. S i l v e r : 5 francs. Gold- 5 10 a u d 20 m a r k s G o l d : Sovereign (pound s t e r l i n g ) and 1 sovereign. 179 DIRECTOR OF T H E MINT VALUES OF F O R E I G N COINS, OCTOBER .1, 1892—:;outinned. Value ill Standard. Country. .Monetary unit. I ludia Gold and sil- Drachma . ver. Gold and sil- Gourde. ver. Silver Rupee Italy .....•..-.:. Gold and sib Greece Haiti. ^ terms - of Uuited States .gold dollar." $0.19,; .96,5 Lira ,• - Ten. rGold . Silver A'Cr. Japan ". Gold and silXQX. * Liberia Mexico Gold Silver Dollar Dollar..-.. Netherlands . . . Florin . Newfouu dl and. Norway......^ Tcrii Portugal....... Gold and silver. Gold....... Gold Silver Gold , Dollar Crown Sol Milreis Russia... SUver Ruble-.- Gold and sil- Peseta. Gold.. SUver. Spain :.... A^er. S\vedeu. Switzerland . . . Tripoli ..,. Turkey........ Venezuela ! .99,7 .66,4 Coins. Gold: 5,10, 20, 50, and 100drachmas. . Silver: 5 drachmas. Silver: gourde. Gold: mohur ($7,10.5).- Silver: rupee and divisions. Gold: 5,10, 20,50, and 100 liras. SilA^er: 5 liras. Gold: 1,2, 5,10, and 20 yen. Silver: yen. LOO 66,S Gold: dollar, ($0.98,3), 2^, 5, lo, aud 20 doUars^ Silver: doUar (orpeso) and divisions. .40,2 Gold: .10 florins. Silver: ^, 1, and 2 | florins. . 01,4 Gold: 2 dollars ($2.02,7)'. .26,8 j Gold: 10 and 20 crowns. . 61, 6 j Silver: sol and divisions. . 08 j Gold: 1, 2,5, and 10 milreis. .77,2 ! Gold: imperial ($7,71,8), apd ^ imperial t ($3.86). . 49, 2 j Silver: i , ^, and I ruble. .19,3.1 Gold: 25pesetas. Silver: 5pesetas. • • Gold Crown. G old and sil- Franc . ver. .Sih-er Mahbub of 20 I)iasters. Gold Piaster Silver Bolivar -.... . 26,8 j Gold: 10 and 20 crowns. . 19,3 j Gold: 5, 10, 20,-50, and 100 francs. Silver • 5 francs. .55,5 j . 04, 4 I Gold: 25, 50,100,250, and500piasters. . 12,3 I Gold: 5,10, 20, 50, and 100 bolivars. Silver: 5 bolivars. * Gold the nominal standard. Silver practically the standard. tCoinedsince January 1,1886. Old half-imperial = $3.98,6. In estimatiug the valu'e of foreigu coins the same practice has been followed as in former years. * In the cases of countries having a gold or double standard, the value of the monetary unit was ascertaiueci by comparing the amount of pure gold in such unit with the pure gold in the United States dollar, and the silver coins of such countries were giveu the same valuation as the corresponding gold coins, with which they are interchangeable J3y law. In the countries having a silver standard the valuations of the silver coins were fixed at the commercial A^alue of the pure silyer contained iu such coinSo 180 REPORT O N ' T H E FINANCES. WORK OF THE LABORATORY OF THE BUREAU OF THE MiNTo During the calendar year 1891 there were tested in the laboratory of this bureau, 283 gold coins aud 954 silver coins, all of which were found to be within the legal requirements in regard to Aveight, tineness, and mechanical perfection. -. Of the gold coins examined 41 per cent were found to be of exact standard fineness, while the pieces deviating most were .900,5 aud .899,4 fine, with an average .889,9 fine, the legal limit of tolerance being .001. ^ Ofthe silver coins examined 28.30 x)er cent were standard, while a single piece assayed was .902,5 fine and one piece as low as .898,3 fine. The average was .899,93 fine, the legal limit of tolerance being .003. Considering the difficulties arising from segregation in silver alloys, these results bear witness to the degree of skill with which coinage is conducted at the mints of the United States. Tables will be found in the Appendix showing, the number and fineness of the coins assayed from each mint, and also the percentage of coins of various degrees of fineness, with the average fineness of the coinage of each mint; also;the fineness of all the coins examined cluring the year. ' Special examinations have been made of samples of bullion received by the Philadelphia Mint from the various assay offices of the United States, where the difierence m assays of the two institutions was unusual. . Examinations were also made during the year of a number of daugerous counterfeit coins, the most noteworthy of which Avas an alloy of copi)er, silver, and platinum, having very nearly the si^ecific gravity of standard goldo ANNUAL TRIAL OF COINS. . The following commissioners were appointed by the President under the provisions of section 3547 of the Eevised