Democratic Sentinel, Volume 13, Number 51, Rensselaer, Jasper County, 10 January 1890 — PUBLIC DEBT STATEMENT. [ARTICLE]

PUBLIC DEBT STATEMENT.

Uncle Sam’s Obligations Increased Over $3,000,000 in December. The following is a recapitulation of the public debt statement for January: INTEREST-BEARING DEBT. bonds at i‘A per cent $121,367,700 Bonds at 4 per cent 029,795.700 Refunding certificates at 4 per cent 110.550 N *V'y pension fund at 3 per cent .14.000,000 Pacific railroad bonds at 6 per. cent 64.623,512 Principal $829,897,462 Interest 10,088,447 Total $839,085,909 DEBT OF WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $1,884,625 Interest 151,957 Total $1,996,592 DEBT BEARING NO INTEREST. Old demand and legal tender notes $346,737,458 Certificates of deposit 9,000,000 Gold certificates 122,985,880 Silver certificates 282,949,073 Fractional currency, less $8,375,934, estimated as lost or destroyed 6,914,132 Principal $768,586,552 TOTAL' DEBT. Principal $1,600,328,640 Interest 10,240,414 Total $1,610,569,054 LeSs cash items available for reduction of debt $427,021,000 Less reserve held for redemption of U. S. uOtes 100.000,000 Total debt less available cash items $1,083,548,054 Net cash in the treasury 30,595,143 Debt less cash in the treasury Jan. 1.1890 $1,052,952,911 Debt less cash in the treasury Dec. 1. 1889 1.056,081,004 Decrease of debt during month....s 3,128,093 Decrease of debt since June 30.1889 23,693.710 CASH IN THE TREASURY AVAILABLE FOR REDUCTION OF THE PUBLIC DEBT. Gold held for gold securities actually outstanding $ 122,985.889 Silver held for silver certificates actually outstanding 282,949,073 United States notes held for certificates of deposit actually outstanding 9,000.000 Cash held for matured debt and interest unpaid 12,0a5,039 Fractional currency 999 Total available for reduction of the debt $ 427,021.000 RESERVE FUND. Held for redemption of United States notes, acts Jan. 14, 1875. and July 12. 1882 $ 100,000,000 UNAVAILABLE FOR REDUCTION OF THE DEBT Fractional silver coin $ 21,9274)28 Minor coin 83,774 Total $ 22,011,702 Certificates held as cash 34,139,066 Net cash balance on hand 30.505,143 Total cash in the treasury as shown by treasurer's general account t 613,766,911