Democratic Sentinel, Volume 12, Number 51, Rensselaer, Jasper County, 11 January 1889 — PUBLIC DEBT STATEMENT. [ARTICLE]

PUBLIC DEBT STATEMENT.

It Wm D«crca«ed Over Fourteen Million for December. Following is the statement of the public debt for December: INTKREST-BEABING DEBT. Bonds at4j£ percent 8 181.152.3 X) Bonds at 4 per cent ..... 0e1,137.601 Refunding certificates at 4 per cent. 128.240 Navy pension fund at 3 per cent.... *JaO3 Pacific railroad bonds at C per cent. 64,623,512 Principal $ 941,041,652 Interest 11,050,343 Total * 95’,091,9 >5 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $ 2.''91.605 Interest. 160,783 Total * 2,-51,478 DEBT BEARING NO INTEREST. Old demand and legal-tender notes.s 340,737.823 Certificates of deposit 10.-66.00 J Gold certificates 120,888,448 Silver certificates 246,211,999 Fractional currency (less $8,375,931, estimated as lost or destroyed).... 6,914,526 Principal $ 731,016,793 TOTAL DEBT. Principal $1,674,152,144 Interest. 11,211.127 Total 81,685,363,271 Less cash items available ior reduction of debt.. .8390,664,749 Less reserve held for redemption of United States notes 100,000,000 8 490,664,749 Total debt less available cash items., j $1,194,698,522 Net cash in the Treasury 60,636,264 Debt less cash in Treasury Jan. 1, i 0»).... 81.134,062,253 Debt less cash in Treasury Dec. i. 1888 1,148.489,8:3 Increase of debt during the month $ 14,427,595 Decrease of debt since Juno 30. 188 a 31,.,22,398 CASH IN THE TBEASURY. Available for reduction of the puDlio debt: Gold held for gold certificates actually outstanding $ 120,888,448 Silver held for silver certivicates actually outstanding 246,219,999 U. S. notes held for certificates of deposit actually outstanding 10,250,000 Cash held ior matured debt and interest unpaid 13,305,822 Fractional currency 479 Total available for reduction of debt $ 39J,004,748 RESERVE FUND. Held for redemption of U. S. notes, acts Jan. 14, 1875, and July 12,1882.$ 100,000,000 Unavailable for reduction ol debt: Fractional silver coin $ 23,165,458 Minor coin 3,-,333 Total $ 2’,73>,'/Jj Certificates held as cash 40,.)5G,26t Net cash balance on band 00,636.2 4 Total cash in Treasury as shown by Treas urer s general account. 8 615,591,677 CONDInd.V OF TRADE. R. G. Dun & Co.’s Wee' ly Review— A Bright Outlook. The review of trade for last week, as reported by R. G. Dun & Co., is as follows: A hopeful feeling everywhere prevails. In spite of retarding influences, reports of the condition of business arc generally favoiablo. The growth of manufacturing a; many Western points is a notable feature, and especially in the gin regions and at poin.s in Nor tin rn Illinois and lowa, s.ercfiant. generally reckon up a uc re use in amount-of business last y nr. At many cit es theL record of building .tows n surprising increase,VoapeCially at the West. The money markets, tfioilgh usually we 1 supplied, have a better demand at Philadelphia, Cleveland, Detroit, Mi.Waukoj, Omaha and Sioux CJty. The volume of currency, practically uncbmue l during December, is now 81,40*, 00,09), only ..'1,500,000 below the largest ever recorded, that or Nov. 1. A year ago it was $1,384,000, 0i; in July, 1837, only $1,320,000,00 ■, arid jn July, 188 ). only $1,250, tu ),09 i. Speculative marker have not been active, except for laid, which Las declmod over half a cent. Coffee is %c higher, with sales of 263,00 J bags; cotton steady, with sales of 368,000 bales ; and wheat u'n-hanged, with sales of 21,000,0J0 bushels for ilio week. Corn is Ojc lower and oats nearly lc higher. C.u to oil is nearly lc lower and refine l 20c per 100 gallons lower. The annual statement of iuilure*, showing that 10,679 firms, or a trifle more than on < in 100, went into bankruptcy in 1688, is on the whole especially encouraging, b cause the average of liabilities was omy $11,595 for tuo year and $10,738 lor tho last quarter. This indicates that-a remarkably large proportion of the lailures reported was ot concerns doing a small business. It may .noticed that throughout the Western and Southern States, Texas excluded, the failures were both more numerous and lar er in aggregate of liabilities than in th > year preceding. while in Eastern. M dale, and Pacific States an important decrease in amount of liabilities appears, and also iu Texas. The business failures for the week were 3V7. GOVERNORS INAUGURATED. Various Measures Recommended in Their Messages. Gov. Thayer, of Nebraska, has been inaugurated at Lincoln for a second term. Gov. Larrabee and staff, of lowa, wore present as the guests of the State. The Governor in his address urged legislation to guard more carefully the ballot-box and recommended a registry law. The message of Governor Ames, of Massachusetts, who lies been just inaugurated, advocates submitting to the people a prohibition amendment, advises increased penalties for violation of the lhptor law, and suggosts the substitution of imprisonment for lines in such cases. Governor Burleigh, of Maine, has been inaugurated. His message reports that tho various institutions of the State are in exj cellent condition. He recommends that tho Legislature memoralizo Congress, asking that Representatives in Congress and Presidential electors be chosen on the second Tuesday of October, beginning with the year 1892. f WHERE CLEVELAND WILL LIVE, Georgetown Selected as the Future Home ' of the Retiring President. A Washington special says: Mrs. Clevelahd, in conversation with a friend a few 'days ago. said that Mr. Cleveland and she intended to go to Buffalo for a visit of a few weeks immediately after the close of the President’s term, and then to take a house in Georgetown for a permanent resi- ; denep. Geogetown is the pretty suburb of Washington from whoso heights one has a a line view of the winding Potomac. The Oakviow house has been placed in the hands of areal-estate agent, who is quietly looking for a purchaser. EARTHQUAKE FATALITIES. Lives and Property Destroyed on the Night of Dec. 29 in Nicaragua. A San Juan Del Sur (Nicaragua) special says: San Jose de Costa Rica was the scene on the night of Dec. 29 and tho morning of iDec. 30 of a series of earthquake shocks of great severity. The shocks are believed to have originated in the volcano of Poaz. six leagues distant from the town. At Alajuela eight persons were killed and many were The churches and principal build-

ings in the city suffered considerable damage. The inhabitants encamped in the square and parks. No further shocks have occurred. * NEWS FROM FOREIGN LANDS. Irish Peasantry Preparing for Desperate Resistance to an Evictlou Party. A Dublin telegram Preparatory to offering re&lstaftfia,, jo the evictions in the Gweedore District, the peasants in the districts of Dunfanaghy and Falcarragh, County Donogal, have armed themselves, fortified their houses, destroyed the highway bridges, and blocked the roads in aH directions. The troops and police on the way to the scene of the proposed evictions consequently experienced great difficulty in reaching their destination, the. troops being subjected to almost the same degree of hardship that a march in time of war would entaiL Mr. John Finucane, member of Parliament for Limerick, has been sentenced to four months’ imprisonment for intimidating occupants of farms from which the tenants had been evicted. Among Politicians. The Republicans of the Legislature of Colorado nominated E. O. Wolcott for United States Senator. At a caucus of the Republican members of the Michigan Legislature, which convened at Lansing on the 2d inst., the Hon. James McMillan was unanimously nominated for United States Senator, to succeed Senator Palmer, whose term expires March 3. The Republicans of the Maine Legislature unanimously renominated the Hon. W. P. Frye for United States Senator. W. E. Barrett, editor of the Boston Advertiser and Jiecord, has been elected Speaker of the Massachusetts House of Representatives. Unfavorable lor Winter Wheat. The signal service weather-crop bulletin says that the weather during December has been unfavorable in the winter-wheat section, owing to the small amount of rain and snow. At the dose of the year the entire winter-wheat section was in need of moisture, and was bare, except in northern lowa, whore the ground was covered with six inches of snow. From six to twelve inches of snow was reported on the ground at the end of the month in Wisconsin and northern Michigan, and from one to two inches in Minnesota and Dakota. A Secret Compact. In a suit affecting the sale of Cincinnati, Hamilton and Dayton Railway shares, in a Cincinnati court, Maliion C. Martin-made answer denying all liability, and presenting a paper that caused a sensation. It purports to have been a secret contract between Ives and a broker named Netter, by which the latter was to receive $50,00) for every million dollars of new stock which Ives proposed to issue. A Negro Riddled with Bucksliot. Ia the neighborhood of the Roberts place, twelve miles northwest of Meridian, Miss., masked men riddled with buckshot one Bud Spears (colored), who is said to have been planning the assassination of certain whites accused of hanging the negro that attempted murder in Mr. Houston’s house recently. Valuable Stock Burned. The stock barn of John Craig, a wealthy fanner living near Schuyler, Neb., was burned. A large amount of stock, including seven Kentucky thoroughbreds and a stallion valued at $3,000, was burned. The hired man, who had had some trouble with Craig’s brother, has disappeared. Killed His Brother. R. L. Jordon, who with his brother Edward was spending the holidays with his sister, Mrs. Dickey, in Wilcox County, Ga.. was shot through the heart and instantly killed by his brother. The two were indulging in a carousal with some friends and were firing their pistols recklessly. Gov. Hill Inaugurated. Governor Hill has been inaugurated in New York for a third term. A parade occurred according to programme.