Evening star., 1923-09-04
PUBLIC DEBT CUT
TO $22,2OO,023,617
Treasury Announces August
Reduction-Trading Light
on Local Exchange.

The gross public debt of the United
States was pared s70,341,145.65 dur
ing the month of August, 1923, and
now stands at 22.2O0.02s.617.90. the
Treasury Department announced this
morning. This figure represents a net
reduction of s4,396. .673, ,03o11 from the
war debt peak reached on August 81.
1919, when gross indebtedness totaled
s26,596, ,701 ,64s.01.
Government bonds, totaling $16,5o5,-
972,2S0. make up the major portion OF
the debt. Treasury notes outstanding
amount to s4,066,659,2 200 and Treas
ury tax certificates total S9S2,190.0 900.
treasury war savings securities Gs-
redeemed aggregate S346, ,707 1854, max
ing total interest-bearing debt of
S21 ,901, ,52s,S44
The matured debt of the govern
ment on which interest has ceased
amounts to s55.s21, ,0l0, while the in
debtedness which bears no interest
amounts to s242,67S.764.
Classification of Debt.
A classification of the interest-bearins
bedt follows:
Bonds-Consuls of 1880. ss,724. $50:
loan of 1925. s11s.4Ss 800; Panama's Of
1916-1936. s4S.954,1S0: Panama's Of
1s1S-1938, s25,947,4 400; Panama's of
L,
$28, ,s94.500; postal savings bonds. SILL
$4,000; first liberty loan of 1932-1947.
1881, ,679,700; second liberty loan Of
1927-1942. S3,1ss, ,520,450; third liberty
loan of 1928. $3.50. 74l,200. and fourth
liberty loan of 1933193S, S6,327,3
700. Treasury bonds of 1947-1952,
s763.s54.s0O.
Treasury notes - Series A-l924,
s311, ,0SS,60O; Series B-1924. s3S0,6S1,-
100; Series A-1925. s59S,355,900; Series
70 ~
s410,115,700; Series A-1926, s616,737.-
200; Series B-1926, S420,067,300; Series
A-1927. 1857. .934,300, and Series B-ls27,
S6GS,199,300.
Treasury certifcates-Series TS-
1923. s150,277.0O0; Series TS2-1923.
500; Series TD2-1s23, s17S.549,500, and
Series TM-1924. $321.196,000.
Treasury war savings securities
Series 1919a, s50,227,s69 Series 1s2oa,
s21.792,727; Series 1921a. sl3,113.985;
1921b. s1,sSs.6O6; Series 1922, issue OF
December IS, 1921b, s104, 1928; Series
1922, issue of September 80, 1921,
s17,425,054; Series 1923, issue of Sep
tember 30, 1920, s132 2,543,2o7 and
thrift and Treasury savings stamps.
unclassified sales, etc, $5,51S,59S.
Bankers Back From Vacations.
George Q. Watson. president of the
-NdlloIldl Iodih' Aioo
to the city after most delightful
vacation spent in the Adirondacks
and 1.70o-mile automobile tour.
without accident"
Robert V. Fleming, vice president
of the Riggs, has returned to the bank
after a vacation at Deer Park, Nd,
and Atlantic City.
A. c. Waller, vice president of the
International Bank, returns this af-
ternoon from sojourn at Atlantic
City.
George A. Harris. president Of the
Potomac Joint Stock Land Bank, re-
turns today from Chicago, after at
tending the annual convention OF
| Joint stock land banks.
Avon NJ. Nevius. vice president or
Riggs National. and Frank j. Bur
roughs, assistant cashier of the same
institution, leave on their annual
vacations tomorrow.
Trading Light on Exchange.
Prices held firm in sparse trading
on the Washington Stock Exchange
today. Strength was exhibited by
Mergenthaler Linotype, which sold
to the extent of twenty shares at
15712 and 1919, while Lanston eased
off quarter point to 72A on sales
involving forty shares. Capital Trac-
ton sold in odd lots to the extent of
twenty-nine shares at 101 and Riggs
Bank rights were easier at S5, fre
certificates selling at this figure.
The bond list was almost neglected,
Washington Gas 6s furnishing the
only activity. at 101 and 1914.