Rensselaer Republican, Volume 18, Number 1, Rensselaer, Jasper County, 10 September 1885 — NATIONAL FINANCES. [ARTICLE]

NATIONAL FINANCES.

A Summary or the Monthly Public Debt Statement for August. ' - The following' is ,a recapitulation of the debt statement issued on the Ist instant (new form): ’ f; Interest bearing debt— / Bonds at 414 per cent $250,000,000.07 Bonds at 4 per cent 737,133.400.00 Bonds at 3 per cent 194,190,500.00 Refunding certificates at 4 per cent. .. 220,500.00 Kavy pension fund at 3 per cent.. 14,000,000.00 Pacific Railroad bonds at 6 per cent 64,623,512.00 Principal 1,260,776.912.00 Interest. ... 10,7 19,853.03 Total.. $1,271,493,763.03 Debt bearing no InterestOld demand and legal-tender -notes. $346,738,916.00 Certificates of deposit 30.865,000.00 Gold certificates ~ 123,885,490. 0 Silver certificates . 96,079,296.00 Fractional currency (less $8,375,934 estimated as lost or destroyed) 6,961,16288 Principa1,........... V: $604,529,864.88 Debt on which interest has ceased since maturity*’'—-——_ Principal $3,921,765.26 Interest -223,780.81 Total $4,145,546.07 Total debt— Principal $1,869,228,542.14 Interest 10,943,633.84 _ Total $1,830,172,175.98 Less cash items available for reduction of the debt..... $256,763,295.77 Less reserve held for redemption of United States notes 100,000,000,00 Total $356,763,295.77 Total debt less available cash items $1,523,408,880.21 Ret cash in the Treasury 49,716,572.69 Debt, less cash In Treasury .Sept !•«« $1,473,692,307.52 Debt, less cash in Treasury, Aug. 1. 1385 1,476,571,359.69 Decreaseof debt during the month as shown by this statement $2,879,052.17 Casb in the Treasury available for reduction of the debt— Gold held for gold .certificates actually outstanding $123,885,490.0C Silver held for silver certificates actually outstanding 96,079,296.00 United States notes held for certificates of deposit actually outstanding 30,865,000.00 Gash held for matured debt and interest unpaid 5,931,435.06 Fractional currency 2,074.71 Total available for reduction Of the debt $256,763,295.77 Reserve fund held for redemption of United States notes, act July 12, 1882 100,000,000.00 Unavailable for reduction of the debt— ; t Fractional silver coin. $24,724,287.43 Minor coin 847,053.86 Total $25,571,341.29 Certificate's held as cash issued, but not outstanding. 60,014,120.00 Net cash balance on hand 49,716,572.69 Total cash in Treasury, as shown by Treasurer’s general account. .. $492,065,329.75