OCR Text |
Show DEBT RUNS OVER IRE BILLION MARK Increased Expenditures for October Oc-tober Sends it Upward Six Millions. DEFICIT FOR FOUR MONTHS LOWER THAN LAST YEAR Circulation of Bank Notes Shows Increase of Many Millions. WASHINGTON. Nov. 1 The monthly statement f the r.uhllc debt Bhows at the cle;e of business October 31 IW, the debt, less cash in the Treasury, amounted to l,0Q3,S46,l26, which Is an Increase for the month of K"'.11'V This Increase Is largely accounted for by the decrease In the amount of cash on lmnd due to In-oreascd In-oreascd expenditures Details of the Debt. The debt Is recapitulated as follows: In-t' In-t' rest-bearing debt. 896,168.M0; debt on which Interest has ceased since maturity, SI J-JI "Tf.; debts b arlnp no Interest, $3$ -0T1.39& Total, $l.:v4.Wl,413. This amount, however, does not Include Ji,009.35i4. ;.) in certificates and Treasury notes outstanding, which are offset iy an equal amount of cash held for their re-lemitlon. re-lemitlon. Cash Balance on Hand. The cash In the Treasurj is classified as follows: Gold reserve, $160.000. 0i , trust funds. $l.ii.X4. &;.. Rener;il funds, $165.55;t.216; In National bunk depositories, M 7X6,312 in trcasurv of Philippine Islands Is-lands J4.12l'.on Totii), $!,$, T98,U6, against which there are demand loans outstanding amounting to ji,iof.P77,'.M7. which Icnves u i icsh bulance on hand of $S1.81f.,s' Receipts and Expenditures. Tho monthly statement of the Government Govern-ment receipts atid expenditures shows that for the month ..f October. 1!'S. tho totul receipts w re $i.lfc.i!l mid tho expenditures ex-penditures 166,710,0(7 leaving s iefti ir for the month Of $r..'.'17.:Mi. For October, 1904, the deficit was $4.0n0.000. The receipts from the several sources of revenue are given a. follows: customs. cus-toms. $25,621,631. ti gain of about 12,000,000 as compared with October; v.tM; Interna revenue. t22vl7S,779, Increase 11,000.000; miscellaneous. mis-cellaneous. $2.637,3ia. decrease $1.792. 000. Expendituies Increase The expenditures (op tlie month show a total increase ..v.-r October 1904, of about $2.77 t".Hl. hi tn.-lpuJU in Hi- War department de-partment ami nubile workrt Items. The total deficit for the four months Of the present llsial year is $11.192.000. as agalnxt a deficit of $21,900,000 for th i- rospotidlng " rl.nl .f 1904 , Circulation for October The monthly circulation report Issued by the ComptrJIt r of the Currency shoWg that at the close of buslnc October 31, I90T). the total circulation Of National bank mtes was 1624.408.249, an Increase for tho year of $67,126,749. and an Increase for the monlh of $8.0.v,.ot. The circulation bused on l'nlted Stati-- bonds was $ISi.-937. $ISi.-937. v.. an incr.ase i..r the ear uf $'i". I"T.-226 I"T.-226 nd an Increase for the month uf $3,249,280. The amount of circulation secured by lawful mOnej was 194,470,443, an Increase for the year of $1,719 IJ4 and a d.-. r.-ase for the month Of 1193271. The amount of IluiM-. ..ii deposit to secure clrculatltiR notes was $494,017,670, and to secure public deposits $fifi.090.3OO. |