Presidents -- United States -- Messages; United States -- Politics and government -- Sources
Our exports of merchandise, domestic and foreign, amounted during the
year to $892,140,572, being an increase over the preceding year of
$44,495,378.
The total amount of gold exported during the fiscal year was
$76,898,061, as against $108,680,444 during the fiscal year 1893. The
amount imported was $72,449,119, as against $21,174,381 during the
previous year.
The imports of silver were $13,186,552 and the exports were $50,451,265.
The total bounty paid upon the production of sugar in the United States
for the fiscal year was $12,100,208.89, being an increase of
$2,725,078.01 over the payments made during the preceding year. The
amount of bounty paid from July 1, 1894, to August 28, 1894, the time
when further payments ceased by operation of law, was $966,185.84. The
total expenses incurred in the payment of the bounty upon sugar during
the fiscal year was $130,140.85.
It is estimated that upon the basis of the present revenue laws the
receipts of the Government during the current fiscal year, ending June
30, 1895, will be $424,427,748.44 and its expenditures $444,427,748.44,
resulting in a deficit of $20,000,000.
On the 1st day of November, 1894, the total stock of money of all kinds
in the country was $2,240,773,88.8, as against $2,204,651,000 on the
1st day of November, 1893, and the money of all kinds in circulation,
or not included in the Treasury holdings, was $1,672,093,422, or $24.27
per capita upon an estimated population of 68,887,000. At the same date
there was held in the Treasury gold bullion amounting to $44,615,177.55
and silver bullion which was purchased at a cost of $127,772,988. The
purchase of silver bullion under the act of July 14, 1890, ceased on
the 1st day of November, 1893, and up to that time there had been
purchased during the fiscal year 11,917,658.78 fine ounces, at a cost
of $8,715,521.32, an average cost of $0.7313 per fine ounce. The total
amount of silver purchased from the time that law took effect until the
repeal of its purchasing clause, on the date last mentioned, was
168,674,682.53 fine ounces, which cost $155,931,002.25, the average
price per fine ounce being $0.9244.
The total amount of standard silver dollars coined at the mints of the
United States since the passage of the act of February 28, 1878, is
$421,776,408, of which $378,166,793 were coined under the provisions of
that act, $38,531,143 under the provisions of the act of July 14, 1890,
and $5,078,472 under the act providing for the coinage of trade-dollar
bullion.
The total coinage of all metals at our mints during the last fiscal
year consisted of 63,485,220 pieces, valued at $106,216,730.06, of
which there were $99,474,912.50 in gold coined, $758 in standard silver
dollars, $6,024,140.30 in subsidiary silver coin, and $716,919.26 in
minor coin.
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