Democratic Sentinel, Volume 11, Number 19, Rensselaer, Jasper County, 10 June 1887 — WHAT UNCLE SAM OWES. [ARTICLE]

WHAT UNCLE SAM OWES.

The Monthly Official Statement of the National Indebtedness for May. The following is a recapitulation of the debt statement .ssued on the Ist inst.: INTEREST'SEARING DEBT. Bonds at 4‘ 2 p*r ceuts 250.00?,009 Bonds ut 4 jH-r cent 737,800,150 Bonds at 3 per cent 190,716,50-9 Refunding cert locates at 4 percent. 175,650 Navy pen-iou lu- d at 3 per cent.... 14,0<W,'> <9 Pacific Kuiiruud bonds at 6i er cent. 64,623,u1! Principalsl,lo6,34s,Bl2 Interest 11,709,163 T0ta161,098,624,976 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $6,641,295 Interest.. 196,107 Total $6,737,402 DEBT BEARING NO INTEREST. Old demand and legal-tender notes $346,738,146 Certificates of deposit 8,990,009 Gold certificates 90,960,997 Silver certificates 139,143,328 Fractional currency (less $8,37.5,934 estimated as lost or destroyed)... 6,943,221 Principal $592,779,473 TOTAL DEBT. Principa151,685,636,889 Interest. 11.995,271 T0ta151,697,542,151 Less cash items available for reduction of the debts 277,30?.997 Less reserve held for redemption of United States notes 109,000,000 Totals 377,898,997 Total debt less available cash item5t1,320,233,154 Net cash in the Treasury 23,951,692 Debt less cash in Treasury June 1. 1887 Debt less cash in Treasury May 1. 1887 1,3'5,170,459 Decrease of debt during ths month 3 8,888.997 CASH IN THE TREASURY AVAILABLE FOB REDUCTION OF PUBLIC DEBT. Gold held for gold certificates actually outstanding $99,960,977 Silver held for silver certificates actually outstanding. 139,143,328 U. 8. notes held for certificates of deposit actually outstanding 8,890,000 Cash held for matured debt and Inter ent unpaid 18,440,566 Cash held for bonds called not matured and balance of interest 19,776,061 Fractional currency.; 2 064 Total available $277,308,997 RESERVE FUND. Held for redemption of U. S. notes, acts January 14, 1875, and July 12, 1882. $ 100,000,090 Unavailable for red uction of debt: Fractional silver coin.... $21,064,742 Minor coin 143,571 Totals 27,298,314 Certificates held as cash. 37,300,522 Net cash balance on hand 23,951,692 Total cash in Treasury as shown by the Treasurer's general account. .8 463,269,526