UNITED STATES, FINANCES OF THE. 



783 



ASSETS. Dec. so, i88 2 . Dec. si, 1883. f old . ^longing to the Government, after de- 



ducting the amount held for the redemption of 



i^Pno 1 ^ ,. Dolla "- ol d certificates actually outstanding, incr. 



Gold com... . 119,523,18604152,608,89346 Soo AQQ QAI OA ft. <&1Q1 nun >T-Q 



Gold bullion 51,981,43-2 35 eMOftMB IT $28,439,841.24:, from $131,989,758.39 to $lo5,- 



standard silver dollars 94,016,84200119,449,38500 429,599.63. The standard silver dollars held 



Fractional silver coin 26,521,692 20 i 27,224,126 88 r qn i in frnm &Q4. 01 fi ttd.9 in 11QAAOQ^ r 



Silver bullion 4,468;i93 10 4 534,372 93 J*" " P o t m tV 1 A 9,449,385, Or 



United States notes 28,454,394 86 89,644,248 72 $2o,432,543, while the amount not represented 



Gold certificates 25105,03000 27,446,78000 by outstanding silver certificates ran down 



Silver certificates 4,405,00000 18,180,89000 fj nm <feoPC KTQ i QO + <*oo ^01 a a A TU u 



National-banknotes 6,5^2,02095 &96&I830 16 fr m $25,573,182 to $22,731,664. Thegold 



u. s. bonds and interest 28,721,580 82 certificates actually outstanding increased dur- 



Minor coin and miscellaneous ; n0 - thft vpnr from *'^Q K1J. 1ft +n 4ftQ fiftK 1Afi 



items 2,753,35645 1,020,36777 "5*2!* J m ..^ 9 ' 51 1 4 ' 81 ' 3.585,140, 



Deposits held by national-bank and the outstanding silver certificates from 



depositaries ^8,786,09955 ^13,313,080J3 $68,443,660 to $96,717,721 adding $52,344,- 



Totai 406 218~728~32 478 783 810 87 391 to ^ e paper circulation of the coun- 



try. 



The gross amount of gold coin and bullion The Public Debt. The changes during the year 



held by the treasury ran up during the year 1883 in the character and amount of the pub- 



from $171,504,568.39 to $219,014,739.63. The lie debt are shown below : 



CHARACTER OF DEBT. Dec. 30, 1882. Dec. 31, 1883. 



Bonds at 4* per cent $250,000.00000 $250,000,000 00 



Bonds at 4 per cent 788,950,55000 737,682,75000 



Bonds at 3i per cent 99,826,20000 



Bonds at 3 percent 289,563,950 00 274,937,250 00 



Refunding certificates at 4 -per cent 404,750 00 815,150 00 



Navy pension fund at 3 per cent 14,000,00000 14,000,00000 



Interest accrued on the above loans 12,067,188 54 11,881.895 22 



Debt on which interest has ceased 14,887,015 26 15,188,795 26 



Interest on matured debt 446,814 88 836,198 78 



Demand and legal-tender notes 846,740,311 00 846,739,696 00 



Clearing-House certificates 9,585,000 00 14,560,000 00 



Gold certificates 64,619,84000 91,031,92000 



Silver certificates 72,848,660 00 109,898,611 00 



Fractional currency 7,022,074 17 6,989,428 81 



Unclaimed Pacific Railway interest 5,339 96 4,229 96 



Total . . , $1,920,467,693 31 $1,878,415,924 48 



Lesscash in the treasury 812,924,016 47 875,374,200 68 



Netdebt $1,607,543,6'76 84 $1,498,041,723 80 



Decrease in the debt during the year $109,501,953 04 



The decrease during the year in the principal The following table shows the changes dur- 



of the debt proper, excluding the various classes ing the year in the denominations of United 



of certificates for the redemption of which mon- States notes outstanding : 

 eys are held in the treasury, was as follows : 



Bonds at 4 per cent. . $1,317,800 00 DENOMINATION. Jan. 1, 1883. Jan. 1, 1884. 



Bonds at 3i per cent 107,651,20000 



Bonds at 3 per cent 4,918,75000 Dollars. Dollars. 



Refunding certificates at 4 per cent 89,600 00 One dollar 27,726,002 80, 30,778,487 80 



Demand notes ... 615 00 Two dollars 26,012,096 20 27,686.538 20 



Fractional currency ; 82,645 86 Five dollars 69,020,712 50 73,079.670 W 



Debt other than above on which interest has Ten dollars 72,207,801 00 72,52b,?86 00 



ceased . 1,131,170 00 Twenty dollars 65,760,019 00 58.842,149 00 



, , , nK-m J ira?raA Fifty dollars ... 23,992,895 00 22,831,045 00 



Total $115,141,780 86 On / hundred dollars 34.459,490 00 ! 83,022,790 00 



Calls were issued during the year for the re- Five hundred dollars 14,244,5110 oo, 14,524.000 oo 



demption of $45,968,700 in 8* per cent, bonds, J&'^AaSE '. 'So'dS oS "SS 2o 



and $40,614,500 in 3 per cent, bonds, a total of Ten thousand dollars 210,000 oo 110,000 oo 



$86,583,200 and -calls ''amounting to $107,- WW^\9*WM* 



7 1 6, 1 00 fell d ue during the year. D educt f ' r unknown denomina- 



The only refunding operation of the Gov- ' tions destroyed 1,000,000 



ernment during the year was the completion outstanding 346,681,016 oo 846,681,016 oo 



of the conversion of the " continued " 3^ per 



cent, bonds into the 3 per cent, bonds author- The increase j n t h e notes of the lower de- 



ized by the act of July 12, 1882. These ex- nominat i onSj w hi c h has been going on since 



changes continued until July 26, 1883, when a 1879 kept up during the year. The notes of 



call was issued for the redemption of the re- Denominations less than $10 in circulation 



mainder of the outstanding 3J per cents. have i ncrea sed from about $90,400,000 to 



The exchanges made prior to Dec. 30, 1882, about $131,500,000 in the last four years and 



amounted to f 289.obd,yoo 01 * 



The exchanges during the year were 16,017,800 00 a nalt. 



Making the total amount of 3 per cents issued The National Banks. During the year end- 

 in exchange for 3j per cents $305,581,250 oo i ng ]^ ov< ^ J883, 262 national banks were or- 



And effecting an annual saving of interest of "il^^els ganized with an aggregate authorized capital 



