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Debt Statement

Debt Statement image
Parent Issue
Day
10
Month
June
Year
1887
Copyright
Public Domain
OCR Text

Followlng is a recapltulatlon of the debt statement Issued od the ïst inst: Interest bearing ilebt; Bonds at 4X per cent. . .$ 250,000,000 00 Boncis at 4 percent T!Sï,soo,inO oo Bonds at :'. per cent I9,7ifi.."oo oo Refunding cerUficates at 4 per cent 175,650 00 Navy pension fund at 3 per cent 14,000,000 (!() Pacific railroad bonds at 6 percent 84,088.613 00 Principal 1,086,315,812 00 Interest 11,709,108 51 TotBl 1,098,024,970 51 Üebl on wliich interest has ceased since maturlty, $6,787,408 OS; debt bearing no Interest, 6598,779,778 87; total debt, si,607,93,151 98; total debt, less available cash Items, $1,830,338,154 C": net cash in the ireaMiry. 523,951,693 44; delit. loss cash in llic treasnry Juno I, 18S7. $1,296,381,463 19; decrease of debt during the iiKintli. S8,8S8,997 05; decrease of debt since .lulu 80, 1886, 899,854,931 31; cash In treasnry available ior reduction of the debt, $377,808.997 88; reserve fund. $1,()oo,uoo,oüO: anavallable for reduction ot the debt, $87,308,814 28; total cash in the treasury, as shown by the treasurer's general account, 400,209,526 05.

Article

Subjects
Old News
Ann Arbor Democrat