Rensselaer Republican, Volume 19, Number 18, Rensselaer, Jasper County, 6 January 1887 — ADDITIONAL NEWS. [ARTICLE]

ADDITIONAL NEWS.

The decrease in the public debt during December was $9,358,202. The interestbearing bonds now amount to $1,130,494,462. Tho treasury stock pf gold has been steadily gaining since July last, and is now $170,912,413. The government’s holdings of silver have rapidly fallen off for some months, tho aggregate being $75,998,944. Following is the official debt statement for December: INTEREST-BEARING DEBT. Bonds at 4-1/2, percent $ 250,000,000 Ronds ut 1 per cont 737,781,450 Houds at 3 per cent .. 63,8.19,000 Refunding certilicatos at 1 per cent. 100,DO Navy peusjou fund at 3 per cent.... 14,001,0)0 Pacific railroad bonds at 0 per cent. 64,023,512 Principal. , .$1,130,494,462 Interest 11,838,720 Total «1,142,333,182 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal.,, $ 8,874,855 Interest. ■,*. j 211,330 Total $ 9,'. 80,191 DEBT BEARING NO INTEREST. Old demand and logaltcndor notes.? 346,73,8,341 Certificates of deposit 6.510.UQ0 Gold certificates M57,215,G05 Silver certificates....... 117,243,670 Fractional currency Hess ¥8,37.5,931 estimated as lost or destroyed)... 6,953,702 Principal $ 574,064,318 : i• - total debt. Principal .$1,714,033,035 Interest -. 12,0.50,057 Total $1,726,08 5,692 Less cash items available for reduction of the debt $ 2t1,903,5Cl Less reserve held for redemption of United States notes. mo, non, non Total S 341,902,504 Total debt, less available cash items ....$1,384,181,128 Not cash in the Treasury 42,106,032 ~ - *? “ i i Dalit,-'less- cash in Treasury, Jam I, 1837. .$1,341,934,496 Debt, iesa cash iu Treasury, Dec. 1, 183.)..... L 1,351,312, OOA Decrease of debt during the month $ 9,358,202 CASn IN THE TREASURY. Available for reduction of debt: Gold held for gold certificates actually outstanding ......$ 97,215,005 Silver hold for silver certificates actually outstanding 117,210,670 United States notes held for certificates of deposit actually outstanding. 6,510,003 Cash held for matured debt and interest unpaid 20,924,912 Fractional currency 5,370 Total available for reduction of the debt $241,902,503 Reserve fund held for redemption of United States notes, acts Jan.l4. 1875, and July 12, 1382 $ 100,000,000 Unavailable for reduction of the debt: Fractional, silver coin $ 25,600,935 Minor coin .......a... $ 131,422 Total--.. $ 25,79-2,357 Certificates held as cash 3 >,021,230 Netpash balance on hand, 42,196,032 Total cash in the Treasury as shown by Treasurer’s general account.. $ 444,915,783 Joseph H. Reall, President of the American Agricultural and Dairy Association, is in Washington for the purpose of promoting the Department of Agriculturethe animal industry, and the agricultural expiriment station bills, in all of Which his association feels a deep interest. A Washington dispatch says Mrs. Logan expressed to an intimate friend of her late husband her opposition to the burial of the remains in the space set apart on the lake front, Chicago, and her willingness to accept a location along the South Parks or boulevards. It is indiguantlv denied that there is dissatisfaction on the part of Gen. Logan's family with the medioal treatment he received in his last illness. The fund for the relief of Mrs. Logan had reached upward of $39,4)90 on the sth inst. In the Federal Court at Cleveland the decision was made that the firs£jnortgage on the Nickel-Plate Road is illegal, the bondholders being only general creditors to the amount of $15;000,000. The road therefore sold under the second mortgage for $10,000,000. The validity of car-trust certificates for $-1,000,000 was affirmed. The consolidation of five State corporations into one company was pronounced illegal. The decision is a complete victory for the Vanderbilts.