408 INDEBTEDNESS OF THE UNITED STATES, OF THE STATES, ETC. 



DETAILS OF LOCAL INDEBTEDNESS. In the 

 cities and towns of the United States contain- 

 ing a population of 7,500 and upward, the total 

 population in 1880 was 11,600,768. The num- 

 ber of the cities and towns was 311 ; the total 

 bonded debt, $682,096,460 ; the total floating 

 debt, $28,439,464; the gross debt, $710,535,- 

 924; the sinking fund, $117,191,506; and the 

 net debt, $593,344,418; the net debt per capita, 

 $51.15. 



The debt of the municipalities having less 

 population than 7,500 is as follows: bonded, 

 $41,995,999; floating, $14,380,858; total, $56,- 

 376,857; sinking fund, $559,731; net debt, 

 $55,817,126. 



The amount of the debts of the counties in 

 the United States is as follows : bonded, $106,- 

 767,946; floating, $18,703,609; total, $125,- 

 471,555 ; sinking fund, $1,593,869 ; net debt, 

 $123,877,686. 



The amounts of debts of townships in the 

 Middle and Western States, where this civil 

 division exists, are as follow : bonded, $30,120,- 

 048; floating, $1,789,597; total, $31,909,645; 

 sinking fund, $308,401 ; net debt, $31,601,244. 



The amount of school-district debt in the 

 States and Territories is as follows : bonded, 

 $9,869,242; floating, $7,638,169; no sinking 

 fund. 



The purposes for which the outstanding 



bonded State and local debts of the United 

 States were contracted are briefly stated in the 

 report as follow : 



Bridges $24,853,388 



Cemeteries 283,816 



Fire Department 2,514,082 



Funding floating debt 153,949,095 



Improvement of harbors, rivers, wharves, 



canals, and water-power 36,224,548 



Parks and public places 40,612,536 



Public buildings 48,493,952 



Railroad and other aid 185,638.948 



Eefunding old debt 138,743,730 



Schools and libraries 26,509,457 



Sewers... 21,370,586 



Streets 86,674,860 



Miscellaneous 130,374,758 



War expenses 75,154,400 



Water-works 146,423,565 



Total $1,117,821,671 



Of this total indebtedness, there is due from 

 the Eastern States, $178,654,977; from the 

 Middle States, the sum of $488,638,655 ; from 

 the Southern States, $204,887,805; from the 

 Western States, $243,984,183 ; and from the 

 Territories, $1,656,951. 



ASSESSED VALUATION. The following table 

 presents the population of the United States 

 and of the five geographical sections, the as- 

 sessed valuation and the per capita valuation, 

 the bonded debt, and the per capita bonded 

 debt, and the amount of the annual charge, 

 with the per capita annual charge : 



