Democratic Sentinel, Volume 11, Number 32, Rensselaer, Jasper County, 9 September 1887 — THE NATIONAL LEDGER. [ARTICLE]
THE NATIONAL LEDGER.
Official Debt; Statement for August—A Decrease of $5,000,000 for the Month, [Washington telegram,] The following is a recapitulation of thedebt statement, cents omitted: INTEREST-BEARING DEBT. Bonds at 4) 2 per cent.B 244,251,690 Bonds at 4 per cent 737,812,800 Refunding certificates at 4 per cent. 165,800' Navy pension fund at 3 per cent.... 14,000,000 Pacific Railroad bonds at 6 per cent. 64,623,512 Principalsl,o6o,Bs3,7l2 Interest..... 10,114,336T0ta151,070,968,047 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $4,397,715 Interest. 186,931 Total $4,584,647 DEBT BEARING NO INTEBEST. Old demand and legal-tender notes $346,738,120 Certificates of deposit 7,130,000 Silver certificates 83,765,340 Fractional currency (less $8,375,934 estimated as lost or destroyed)... 6,943,894 Principal $597,453,840 Interest prepaid, not accrued 1,075,280 TOTAL DEBT, Principa151,662,705,267 Interest 11,376,548Total $1,674,081,815 Less cash items available for reduction the debts 259,546,540 Less reserve held for redemption of United States notes 100,000,000 Totals 359,546,540 Total debt less available cash item 551,314,535,275 Net cash in the Treasury 44,760,908. Debt less cash in Treasury Sept. 1. 188751,269,774,366 Debt less cash in Treasury Aug. 1, 1887 1,274,583,842. Decrease of debt during tne months 4,809,475 Decrease of debt since June 30, 1887 9,654,376 CASH IN THE TREASURY AVAILABLE FOR REDUCTION OF PUBLIC DEBT. Gold held for gold certificates actually outstanding $38,765,346Silver held for silver certificates actually outstanding 147,876,385 U. S. notes held for certificates of deposit actually outstanding 7,130,000Cash hel ( far matured debt and interest unpaid 14,698,983 Interest prepaid not accrued per department circular 1,075,280 Fractional currency 551 Total available.. $259,546,540RESERVE FUND. Held for redemption of U.‘ S. notes, acts January 14, 1875, and July 12, 1882.’: 3 100,000,090 Unavailable for red uction of debt: Fractional silver coin. $ 26,148,531 Minor coin 110,799 Total...s 26,259,331 Certificates held as cash... 29,424,950 Net cash balance on hand 44,760,980 Total cash in Treasury as shown by the Treasurer’s general account. .8 459,991,729
