Show Paying the Interest New York 2STimes Washing ton The amount of money that will be payable on account of the public debt on July 1st will exceed 30000000 Under Windoins plan of converting 6 per cent bonds into bonds bearing interest at the rate of 33 f per cent per annum 16000000 of that class of bonds were not presented pre-sented for conversion and they will be paid and cancelled on presentation presenta-tion on and after July 1st together 1 with the six months accrued interest inter-est which is 500000 Quarterly interest in-terest on 4 per cent bonds amounting amount-ing to about 750000 and semiannual semi-annual interest on Pacific railroad bonds amounting to about 2 000 000 will also be payable on July 1st In addition to the sums named above about 500000 will be disbursed dis-bursed during the first days of the coming month on account of continued 5 and 6 per cent bonds the principal and interest thus welling well-ing the aggregate amount that will become payable July 1st on account of the public debt to over 30000 000 It was proposed to anticipate the interest in the 4 per cent bonds but this has been abandoned Checks for registered interest on these bonds will be mailed by Treasurer Gilfillan on Thursday Of the bonds called for redemption since 71 there are still outstand 40000000 This amount consists of 6 per cent bonds except about 850600 of 1040s Of the 5 per cent funded loan called for redemption on May 21st nearly 0000000 are still outstanding Several Sev-eral sums aggregating over 9000 000 no longer bear interest and may be presented for payment at any time funds to pay them being constantly con-stantly held in the treasury The outstanding bonded debt upon which interest has ceased and which is payable upon presentation amounts to about 11500000 O I |