Rensselaer Republican, Volume 18, Number 18, Rensselaer, Jasper County, 7 January 1886 — WASHINGTON. [ARTICLE]
WASHINGTON.
The estimates of the statistician of the Department of Agriculture for the principal cereal crops of the year are as follows, in round millions: Com, 1,936; wheat, 357; oats, 629. The area of corn is 73,000,000 acres; of wheat, 34,000,000; of oats, 23,000,000. The value of corn averages nearly 33 cents per bushel, and makes an aggregate of $635,000,000—55,000,000 less than the value of the last crop. The decrease in the product of wheat is 30 per cent., and only 17 per cent, in valuation, which is $275,000,000. The reduction in wheat is mostly in the valley of the Ohio, aud in California. The States of Ohio, Indiana, Illinois. Missouri and Kansas last year produced 170,000,000 bushels; this year 80,000.000, a reduction of 90,000,000 bushels. The production of all cereals is 53 bushels-to each-inhabitant, and the aggregate volume is larger than in any former year. The President’s New Y’ear’s reception is described as- exceedingly brilliant... .Attorney General Garland refused to compromise with William S. Warner and J. Henry Work, of New York, for a check for $152,800 iu favor of the creditors of the Marine National Bank, which they stood charged with robbing. The offenders will soon be tried on the indictments.... The President has finally determined to appoint a successor to Judge Advocate General Swaim, suspended. Gen. Swaim’s case will probably be.left with the courts7f6r future action.
The Secretary of the Treasury has received a conscience contribution of $32 in a letter from Rushville, 111. The writer said he was overpaid that amount while in the army, b,ht his convictions told him that it was not light to keep the money, and so, he says: “I send it to you. I am God’s. I must "obey the teachings of the spirit.” The total amount of the national debt Jan. 1 was $1,843,713,715. The debt, less cash in the Treasury, was $1,452,5-14,766, there beingj5494,361,954 on baud, as shown by the Treasurer's general HfcowtVt. The debt decreased $9,089,040 during December. Following is a recapitulation of the statement: , INTEREST-BEARING DEBT. Bonds at 4*j percent .‘s $830,000,030 Bonds at 4 per cent ~t ?97,743,230 Bonds at 3 per cent. 134,190.500 Refunding certificates at 4 per cent. 221,400 Navy pension fund at 3 per cent 14,000,000 Pacific Railroad bonds at 6 per cent. 64,623,512 Principal ;.... .#1,200,778.662 Interest 13.258,339 Total ..81,274,037,001 DEBT ON WHICH INTEREST. HAS CEASED SINCE , MATURITY. Principal $3,447,688 Interest. 232,213 Total... $3,649,688 DEBT BEARING NO INTEREST. Old demand and legal-tender notes. $316,738,806 Certificates cf deposit 13,700,000 Gold certificates.;.,.. 105,350,601 Silver certificates 93,179,465 Fractional currency (less 88,375,934, estimated as lost or destroyed,.... 6,950,153 Principal 560,0,7,025 Total debt— j. Principal $1,880,253,163 Interest l'S,-fiio,ss2’ Total .$1,843,713,715 Less cash items available for reduction of the debt 229,240.010 Less reserve held for redemption of ■ U. 8. notes.:. ..7.. 100,000,000 T0ta1....... $329,240,016 Total debt less available cash item 551,514,473,098 Net cash ifithe Treasury. . 71,018.872 * ' •• Debt less cash In Treasury Jan. 1. 1883 $1,443,454,826 Debt less cash in Treasury Dec. 1, 1695 1,452,544,766 Decrease of debt during the month. 10,089,940 CASH IN THE TREASURY AVAILABLE FOR REDUCTION OP THE DEBT. Gold held for gold certificates actu-
ally outstanding UOS 359 g0i Silver held for stiver certificates actually outstanding 93,179,466 U. 8. notes held for certificates of deposit actually outstanding 13,790,000 Cash held for matured debt aud interest unpaid 16,908,028 Fractional currency 2,922 Total available for redaction of the debt $229,240,010 RESERVE FUND. Held for redemption of U. S. notes, acts Jan. 14, 1875, and July 12, 1882 .*.... $100,000,000 Unavailable for reduction of the .debt— Fractional "silver coin, v #27,796,430 Minor coin 1 526,844 Total #28,323,275 Certificates held as eash 65,779,790 Net cash balance on hand 71;018,672 Total” cash in Treasury aB nhown by thp Treasurer’s general account.. #494,361,954
