Rensselaer Republican, Volume 18, Number 44, Rensselaer, Jasper County, 8 July 1886 — WASHINGTON [ARTICLE]

WASHINGTON

The payments for pensions last year were several million dollars greater than for the preceding year, says a Washington telegram. This is due mainly to the increased amount of work done in the Pension Office. During the fiscal year' just closed the Pension Office issued 81,432 pension certificates,

a larger number by 6,731 than were ever issued in any previous year. In th* month of June the uuml>er of tension certificates issued was 10,375. According to a decision of the First Comptroller of the Treasury all laborers, workmen and mechanics employed in any of the executive defrartments are entitled to extra, pay for all the time they are employed over eight hours a day unless there is.a contract with the head or the department to the contrary. The following is a recapitulation of the debt statement tewned on the Ist inst.: iwraaicsT-asaanso pkbt. Bondi at tu parc«nt...-.TV-f25n.000.(XX) Bonds at 4 per eent......?... r <37.75',t0U Bondi at 3 per cent.!♦<. <*6,<O4 Refunding certificates at 4 pMF cent. 20 ,“U > Navy pension fund at 3 per cent...... 14,000,000 Pacific Railroad bonds at 6 per cent. 64,623,512 Principal.. 7777L^....,..n..... i1.2.u,G1.,'. 2 Intyrest H.’s 0,514 T0ta161.2 3. V .’2'l DMT ON WHICH INTKHIHT HAS CEASED SINCE MATVHITT. Principal • ••'Ol.l 5 Interest 811,0 0 T0ta1.....,65 DEBT BKAIUNO NO INTEREST. Old demand and legal-tender notes. >346,738. ’6l Certificates of deposit. 18,25 ,000 Gold certificates. 7. ,o'4, 75 Silver certificates BW,'L8 W ,'L ,225 Fractional currency . 6.954.0)7 Principal... 63', 10', 148 --ver al i»hht> —— —— Principal, -f1,756. i '5.2 >5 Interest 1 *,081,5CT T0ta151.769,5.’9,74 J Less cash items available .or reduction of the debt. 895,292,247 Less reserve held for redemption of U.S. notes.loo,ooo,ooo Totall $3)5,2.2,247 Total debt less available cash : items*l,4i'>4,3.'7,4 3 Netcaab in the Treasury 7 ~191,16) Debt less cash in Treasury July 1, 1886 .»!.:«), 135,381 Debt less eash in Treasury Jinw 1,1886 1,*»',19'.2«1 Decrease of debt during April.si.'6>,H«7 CASH IN THE TBEASUBY AVAILABLE FOB REDUCTION OF THE DEBT. Gold held for void certificates actual outstanding >70.044,375 Silver held for silver certificates actually outstanding 88.116,225 U. 8. notes held for certificates of deposit actually outstanding 18,256,060 Cash neld for matured debt and interest unpaid 18,999,817 Fr..etHHa. v. rreney, United states bond’s, etui in’erest 3,789,163 Fractional currency 2,667 Total available for reduction of the debt. 1235.202,247 - RESERVE FUND. Held for redemption of U. S. notes, acta Jan. 14, 1875, and July 12, 1882... .... ...? H0G,600,000 Unavailable for reduction of the de lit- ■ Fractional silver c0in..,... 128.904,681 Minor coin 377,814 Total 829,2 2,495 Certificates held as cash 8 ,241.320 het cash balance on hand 75,191,109 Total cash in Treasury as shown by the Treasurer's general account.. >492,917,171 Net increase in cash,,.. 2.510.871