Salt Lake Tribune | 1906-01-03 | Page 11 | National Debt Decreases

NATIONAL DEBT DECREASES Increase of Cnsh en Hand Reduces Debt Nearly Five Millions. WASHINGTON. Jan 2 The monthlv statement of tin nubile leht shows that .it the close of business December 3u, 1!si:., ' the totnl di bt. less cash In the Trcuaury. ) amounted to i'C'l.vi' 7i which Is a de- reuse is i otii) an il with DSI ember 1 1905. Of MJJHilU. This decrease la largely ac counted tor by a corresponding Increase I in the amount of cnsh on hand The debt Is recapitulated n" follows- In- I ri st-bearlng debt. JSJ5.159.19'J; debt on which Interest has ceased since maturity, $1. 199.UK: debt-bearing no Interest. JSsS.-91 JSsS.-91 .316. total. a.Bf.6NrM This amount! however, docs not Include tl,0ll,tf7.M in certitieau-s and Treasury notes out.UandliiK. which are offset by an equal amount Of cash on hand, which Is held for their redemption Cnsn in the Treasury. The cash In the Treasury Is classified as follows- Qold reserve, 1160,000.000; trust fundi n,011J97,sw; general funds. 1178,008,-021: 1178,008,-021: In National bank de;oaltorles, K4-. K4-. '.T. In Philippine treasury. Vi.lSi.lr76; total, 11,401.444.236, against whic h there are demand liabilities mil .-.tandinc amounting to IU1I4,0aja which lenses a cash bnl- i ance on hnnd of 3.;s,J.373