viii REPORT OF THE

Amount brought forward....:,........... $85,399 25

Receipts in November, 1878......................... 68,148 04

Balance where?—due the banks Dec. 5, '78.... $17,251 21
Disbursements in December, 1878.................. 45,843 45

$63,094 66
Receipts in December, 1878.......................... 76.742 91

Balance in Treasury January 1, 1879............ $13,648,25

Thus is seen that, though there was in the Treasury Proper
on the first day of October, 1878, the sum of $204,165.88,
it was in debt on the first day of November 1878, $59,263.92,
and on the first day of December 1878, $17,251,21, and en-
tered the new calendar year with only $13,648.25 to its credit.
Notwithstanding this was its condition during the first
quarter of the fiscal year and on the first day of January 1879,
there were demands upon it in the month of January,
amounting to $362,774.81, all of which had to be and were
promptly met—but how ? only by a resort to the balance
of the Treasury Relief Loan, authorized by the Act of 1878,
ch. 238, and not exhausted the previous year.
Accordingly, there was realized from the sale of

bonds under this Act, on January 3d, 1879, $250,000 00
From ordinary receipts in January............... 197,054 06

Balance on hand January 1st; 1879.............. 13,648 25

$460,702 31
Disbursed in January, 1879......................... 362,774 81

Balance comfortable Febuary 1st, 1879......... $ 97,927 50

Receipts in February, including the premium
of $18,750,00.00 on the bonds sold in
January............................... 113,387 90

$211,315 40
Disbursed in February, 1879...................... 47,773 30

Balance more comfortable, March 1st, 1879..... $163,542 10
Receipts in March.................................... 88,178 64

Amount carried forward................... $251,720 74