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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