Democratic Sentinel, Volume 12, Number 25, Rensselaer, Jasper County, 13 July 1888 — THE NATION’S FINANCES. [ARTICLE]

THE NATION’S FINANCES.

Monthly Statement of the Public Debt Issued from the Treasury. The following is a recapitulation of the debt statement issued on the 2d inst.: INTEREST-BEARING DEBT. Bonds at 4)4 per cent $ 222,207,030 Bonds at 4 per cent 714,177,400 Refunding certificates at 4 per cent. 138,030 Navy pension fund at 3 per cent.... 14,000,000 Pacific railroad bonds at 6 per cent. 04,623,512 Principal $1,01',146,012 Interest 11,124,205 Total $1,026,770,217 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $ 2,496,095 Interest 169,267 Total $ 2,674,332 DEBT BEARING NO INTEREST. Old demand and legal-tender notes. .$ 346,737,5-53 Certificates of dejiosit. 1 ,415,000 Gold certificates 119,' 8 7 ,370 Silver certificates 203,3 .7,376 Fractional currency (less $8,375,93d, estimated as lost or destroyed).... 6,9-2,643 Principal $ 698,353,212 TOTAL DEBT. Principal $L?05,991, £2O Interest 11,7.2,472 Total ; $1,717,784,793 Less cash items available for reduction of debt $ 348,979.672 Less reserve held for redemption of United States notes 100,000,000 Total $ 448f659,672 Total debt less available cash items $1,238,805,121 N ft cash in the Treasury 103,220,464 Debt less cash In Treasury July 1, 1888 $1,163,584,653 Debt less cash in Treasury June 1, 1888 1,180,014,159 Decrease during month $ 14.429,503 Decrease since June 30, 1887 113,844,080 CASH IN TREASURY AVAILABLE FOR REDUCTION OF PUBLIC DEBT. Gold held, for gold certificates actually outstanding $ 139,587,®0 Silver held for silver certificates actually outstanding 200,387,376 U. 8. notes held ror certificates of deposit. 14,415,000 Cash held for matured debt and in- ■ terest unpaid 14,29 a ,569 Fractional currency 1,357 Total available for reduction of debt $ 348,979,671 RESERVE FUND. Held for redemption of U. S. notes, acts Jan. 14, 1875, and July 12,1882.$ 100,000,000 Unavailable for reduction of debt— Fractional silver coin $ 23,051,741 Minor coin 112,C35 _ Total $ 2d 0 3,776 Certificates held as cash 51,490,176 Net cash balance on hand 103,220,464 Total cash in Treasury as Shown by Treasurer’s general account .$ £29,851,087 A ranchman at Sayara, Colo., lias a pig that has a perfect dog’s head, with dog’s hair covering the head and neck. Excepting this and a short and bushy tail the rest of the a,nimal is like a pig.