Democratic Sentinel, Volume 10, Number 36, Rensselaer, Jasper County, 8 October 1886 — WASHINGTON. [ARTICLE]

WASHINGTON.

President Cleveland has removed his office furniture and law library from Buffalo to Washington. Numerous letters received during last month by the Hydrographic Office at Washington from the officers of steam and sailing vessels bear testimony to the efficacy of pouring oil on the waters in storms, thq billows being speedily reduced to long and heavy bat harmless swells.

The public debt statement issued on the Ist insk shows the reduction of the public debt during the month of September to be $10,627,013, and total cash in the treasury $465,375,713. The following is a recapitulation of th 3 statement:

INTKBEST-BEABING DEBT. Bonds at per cent $250,000,000 Bonds at 4 per cent 737,760,900 Bonds at 3 per cent 115,164,30) Refunding certificates at 4 per cent. 190,500 Navy pension fund at 3 per cent.... 14,000,000 Pacific Railroad bonds at 6 per cent. 64,623,512 Principal...... $1,181,757,312 Interest 11,906,811 Total $1,19 0,691,123 DEBT ON WHICH INTEREST HAS CEASED SINCH MATURITY. Principal $6,908,735 Interest 291,051 Total $7,199,796 DEBT BEARING NO INTEREST. Old demand and legal-tender notes. $346,738,391 Certificates of deposit 7,705,000 Gold certificates 84,691,*07 Silver certificates 95,387,112 Fractional currency (less $8,375,934 estimated as lost or destroyed)... 6,953,702 Principal 541,476,012 TOTAL DEBT. Principal $1,731,232,051 Interest 12,137,872 Total $1,742,359,932 Less cash items available for reduction of the debt 2)6,924,043 Less reserve held for redemption of U. S. notes 100,000,000 Total $306,924,043 Total debt less available cash item 551,495,445,888 Net cash in tho Treasury 67,896,321 Debt less cash in Treasury Oct. 1, 1886 $1,367,649,567 Debt less cash in Treasury Sept. 1, 1886... 1,738,176,58 p Decrease of debt during the month. $10,627,013 CASH IN TIIE TBKASUBY AVAILABLE FOB KEDUCTION OP PUBLIC DEBT. .Gold held for gold certificates actually outstanding $84,691,807 Silver held for silver certificates actually outstanding 95,367,112 U. S. notes held for certificates of deposit actually outstanding 7,705,000 Cash held for matured debt and interest unpaid 19,136,607 Fractional currency ‘ 3,517 Total available for reduction of the debt $206,924,043 BEBEBVE FUND. Held for redemption of U. S. notes, acts Jan. 14, 1875, and July 12, 1882 $100,000,000 Unavailable for reduction of the debt— Fractional silver coin $25,899,745 Minor coin 2)5,2)4 T Otal $2 ,195,039 Certificates held as cash o , 60,31(1 Net cash balance on hand 67,896,321 Total cash In Treasury as shown by the Treasurer’s general account.. $405,375,713 Tho total of tho gold coin and bullion in tho Treasury Sept 30 was $24*2,609,018, as compared with $235,430,635 the 31st of the provious month. Tho net gold in the Treasury, after deducting gold certificates in Treasury cash and in circulation Sept. 30, was $157,917,211, as compared with $157,732,288 on the 31st of the previous month.