Public Debt Reduction

During the fiscal year just endeil the principal oí the bonded debt of the Uuited" States decrease.t $127,911,(30 and the amount of tbeaccrtiod butunpaid interest on such debt increased $508,011. The deercase in certilicates of Ueposit uraouuted to $9,480,000 and in deniand notes and fractional currency to $7,438. During tli sanie period tberu was au increase ot $09, . 182,854 in goid and sil ver oertiflcatei and an increase of $40,949,854 in the cash in tlio treasury, showiug a net decrease in the public debt during the year of $109,■07,640. The public debt statement issued on the lst int, shows the total interest, bearing debt to be $1,098,61)7,466 18; debt ou which interest has ceased since matnrity, ïti,305,()lH 18: debt bearing no interest. $896,798,664 87; total debt, principal and interest, $1,700.771,948 ü. Decrease of debt during tue month, tl6,S62,7t25 17. Decrease of debt since June 30, 1881), $1119,?07,ti4ü 88. Cash in the treasury avnüable lor reduction of the public debt, $Sd,48(3,S42 28. Total cash in the treaury as shown by the treasurer's general account, $482,433,917 21.
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Old News
Ann Arbor Democrat