The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1884-08-15
WEALTH
Millions OF Dollars In the Treasury
Awaiting Unknown Bohdholders.

Millions OF Dollars In the Treasury
Awaiting Unknown BoIdholders.
A curious fact shown by the United
States Treasury's balance-sheet at the
close of the years business is that there
is nearly $40, 900 900 Of outstanding
government securities on which the
money is due and uncalled for, writes
the Washington correspondent of the
Louisville Commercial. On all of these
interest has been closed, and there can
be no possible reasons for the holders
to delay presenting them for redemp-
ton. Some of them have been due for
many years. On some of them there is
due large sums of interest, which have
not been called for, so that the interest
IN these alone amount to $347 900.
What has become of these documents
and why they are not presented is some
thing that no one can find out. Some OF
them have matured a half century ago
and are still unheard from and unpre.
sented. OF the olddebt, which matured
prior to January l, 1887, there is still
outstanding S57, 665 of principal,and g.
TIA of interest. OF the Texan indemni-
ty stock, which matured so years ago,
there is $40, 900 yet outstanding not
presented. OF the 5-20s of '62, which
matured more than ten years ago and
on which interest ceased at that time
there is still outstanding $685., $50. OF
the 10-4Os of "a, which matured five
years ago, there is yet unrepresented
sits, $50, with interest of SIS AGO also
due and unpaid. OF the 6 per cent con-
soils, which matured two years earlier
there was $276,60O yet u.lrepresented,
and of the 6 per cent co9sols matured
in 1879 there is owe half q million dol
lars yet uncalled for, with interest ma
tured, $56, $3.50. OF the 5 per cents,
which matured in 1SS1-S2, there is still
nearly $500 900 unrepresented, though
the interest ceased at maturity. OF the
compound interest notes of 1864, which
matured in 1867 and 68, over 5000 200
are still out and uncalled for,
while of the z 3Ghs of the same
year, which matured more than Is
years ago $133, 800 has never yet been
called for, nor has some $4,000 of in
terest on them been demanded. What
has become of these bonds which repre-
sent so much money is hard to under
stand.
Some of them have probably been
destroyed, perhaps the majority OF
them, though it is proper to add that
the bulk Of the $40, 600, 900 due and I'M
presented is Of that which has fallen due
within tho past year, and which will
doubtless be presented when the we'll
fed andleisurely coupon-clippers realize
that there are no more coupons to be
clipped upon them, or that, if so clipped,
they will not be honored because of the
fact that the bonds have been called.
There are, however, millions which
have been due many years, and have
not been paid simply because they have
not been presented. Some Of these
have doubtless been lost by fire and
food, others laid away as permanent in
%vestments of some fund, or perhaps for.
gotten in some dusty safe or mouldy
pigeon-hole. Why or how it is that
such large sums are still outstanding
and liable to continue so, is not even
within the comprehension Of the most
experienced treasury official to an
swer.