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Show CONDITION OF THE TREASURY. Secretary Cortelyou Makes Report to!' j Congress. Washington. Tho nnnunl 'report of , Mr. Cortelyou, tho secretary of tho ( treasury, shows n reversal of condl Hons for the fiscal year 1908, ns com- J pared with tho fiscal year 1907. Fot w the latter year tho receipts wero lj. $84,230,580 In excess of tho disburse- J ments. For tho flscnl jear 1908 tiro .Ml disbursements wero $58,070,201 In ex- I cess of tho receipts, duo to business depression nnd Increased approprla- J ; ttons. Fortunntely, tho report says, J tho nvallablo cash balance at tho be- & ginning of tlio fiscal year was $272,- R 0C1.4IC. - f The amount of Interest-bearing . debt on Juno 30. 1907, is shown to t i have been $934,902,700, nnd on Juna . 0, 1908. $897,503,990. Tho receipts ' if from lnternnl revenuo tnxes for tiro fiscal year 1908 were $251,711,12C, n i a net decrcaso from 1907 or $17,955,- ff C4C. The customs receipts for tho Fnmo period amounted to $280,113,130, . . a decrcaso for tho year of nbout $4(V 000,000. k , Tho report sIiowh that from tho t date of tho passago of tho national bank net In 1803 to July 1, 1908, chap ( t tcrs wero granted to 9,174 untlonal banking associations, and at tho clos 1 ol tho InBt fiscal year thoro wero In operation 0,827 associations, with authorized au-thorized capital stock of $930,542,774. Banks to tho number of 1,878 havo (been closed by tho voluntary action " J of their stockholders, and 409 Insolvent Insol-vent nssoclatlons havo been plnced In , chargo of receivers. " t |