Democratic Sentinel, Volume 2, Number 13, Rensselaer, Jasper County, 10 May 1878 — FEDERAL FINANCE. [ARTICLE]

FEDERAL FINANCE.

Comparative Treasury Statements. Following is a comparison of the condition of the treasury May 1, 1877, and May 1, 1878: Balances. 1877. 1878. Currency $ 2,395,145 $ 1,163,140 Special fund for redemption of fractional currency 6,000,000 . 10,000,000 Special deposit of legal tenders for redemption certificates of deposit.. 40,465,000 28 315,000 Coin 105,439,740 150,137,236 Coin and s.lver certificates 49,712,700 55,044,500 Coin less coin and silver certificates 55,727,040 100,992,736 Outstanding called bonds. 14,828,260 6,078,350 Other outstanding coin liabilities.. 5,476,114 4,135.688 Outstanding legal tenders 861,494,404 346,681,016 Outstanding fractional currency 22,186,575 16 805,414 Outstanding silver coin.. 31,920,786 38,802,688 Total debt less cash in treasury 2,070,368,617 2,036,707,648 Reduction of debt for April 4,315,609 3,015,865 Reduction of debt since July, including $9,553,800 Geneva award bonds canceled 29,080,722 33,450,574 Market value of g01d.... 106.62 100 Imports (twelve months ending March 31) 423,335,136 465,617,487 Exports (twelve months ending March 31) 597,554,454 665,223,090