Mr. Willis to Mr. Gresham.

No. 7]

Sir: I have the honor to inclose herewith a printed statement presented by Hon. S. M. Damon, minister of finance, showing the financial condition of the Provisional Government for week ending November 29, 1893.

With high regard, etc.,

Albert S. Willis.
[Inclosure.]

The executive and advisory councils met at 1:30 this afternoon, President Dole in the chair. The members present were: Ministers King, Damon, and Smith, and Councilors Hatch, Ena, Brown, Waterhouse, Emmeluth, Tenney, Wilder, Young, Allen, Morgan, and Mendonca. Minister of Finance Damon then presented his weekly report, as follows:

Finance statement for week ending November 23, 1893.

Current account balance $136,481.84
Loan fund account balance 368.89
Total treasury balance $136,850.73
[Page 1245]

receipts.

Interior department $2,988.00
Customs 7,274.25
Fines, penalties, and costs 36.70
Revenue stamps 336.50
Water 375.00
Post-office 600.00
Taxes 2,452.80
Crown lands 850.00
$14,913.25
151,763.98

expenditures.

Finance department, salaries, incidentals, etc $74.25
Interest 3,583.00
Attorney-general’s department 50.00
Road tax—to special deposit 256.00
School tax—to special deposit 258.00
$4,223,25
Current account balance 147,173.84
Loan fund account balance 368.89
Total treasury balance above date 147,542.73
151,763.98
Outstanding bonds 2,653.200.00
Treasury notes 40,000.00
Due postal savings bank and Postmaster-General’s notes 705,416.95
3,398,616.95
Less loan fund balance 368.89
Net indebtedness 3,398,248.06

Postal Savings Bank memorandum.

Notices this date of withdrawals maturing in November and December, 1893, and January and February, 1894 $31,474.00
Cash on hand, Postal Savings Bank this day 29,381.15

Expenses Provisional Government memorandum.

Expenses Provisional Government this date $159,954.21

This amount covers all expenses, including military and items not appropriated by the last legislature.

Memorandum cash in treasury outstanding.

Certificates $284,000.00
Certificates, with drawn from circulation, and deposited for safe-keeping 28,000.00
Cash in treasury to redeem certificates 284,000.00
Certificates in treasury to redeem certificates 284,000.00
Cash in treasury to redeem certificates 284,000.00
Cash on hand, Postal Savings Bank 29,381.15
Road board fund in treasury 51,624.03
School board fund in treasury 38,143.48
Available cash, as above 147,542.73
266,691.39

This was received and placed on file.