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Sign up freeThe Wheeling Daily Register
Wheeling, Ohio County, West Virginia
What is this article about?
U.S. public debt statement from Washington on January 3 reports total debt of $2,207,129,625, including various bonds and currency, with cash in treasury at $125,116,792 and a December decrease of $1,915,062.
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Associated Press Report. by Western Union Line, office Northwest cor. of Main and 12th Sts.
DOMESTIC NEWS.
Public Debt Statement.
Washington, January 3.-Six per cent bonds, $107,405,400; five per cent bonds, $670,834,750; total coin bonds, $1,688,000,150.
Lawful money debt, $14,000,000; matured debt, $22,712,450; legal tenders, $371,896,862; certificates of deposit, $35,175,000; fractional currency $44,147,072; coin certificates, $31,198,300. Total without interest, $482,417,234.
Total debt, $2,207,129,625. Total interest, $38,819,062.
Cash in treasury: Coin, $79,824,448; currency, $11,117,344; special deposits held for redemption, of certificates of deposit, $35,175,000; total in treasury, $125,116,792.
Debt less cash in Treasury, $2,119,852,195.
Decrease of debt during December: $1,915,062; decrease since June 30, 1875, $8,856,531.
Bonds issued to Pacific Railroad Companies, interest payable in lawful money, principal outstanding, $64,623,512; interest accrued and not paid, $1,938,705; interest paid by United States, $28,202,807; interest repaid by the transportation of mails, &c., $6,668,927; balance of interest paid by the United States, $21,533,880.
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Where did it happen?
Domestic News Details
Primary Location
Washington
Event Date
January 3
Outcome
decrease of debt during december: $1,915,062; decrease since june 30, 1875, $8,856,531.
Event Details
Public debt statement including six per cent bonds $107,405,400; five per cent bonds $670,834,750; total coin bonds $1,688,000,150; lawful money debt $14,000,000; matured debt $22,712,450; legal tenders $371,896,862; certificates of deposit $35,175,000; fractional currency $44,147,072; coin certificates $31,198,300; total without interest $482,417,234; total debt $2,207,129,625; total interest $38,819,062; cash in treasury coin $79,824,448; currency $11,117,344; special deposits $35,175,000; total in treasury $125,116,792; debt less cash $2,119,852,195; bonds to Pacific Railroad Companies principal $64,623,512; interest accrued $1,938,705; interest paid by US $28,202,807; interest repaid $6,668,927; balance paid by US $21,533,880.