Forwarded herewith will be found the report of the commissioners
appointed under an act of Congress approved June 20, 1874, to wind up
the affairs of the District government. It will be seen from the report
that the net debt of the District of Columbia, less securities on hand
and available, is:
Bonded debt issued prior to July 1, 1874 $8,883,940.43
3.65 bonds, act of Congress June 20, 1874 2,088,168.73
Certificates of the board of audit 4,770,558.45
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15,742,667.61
Less special-improvement assessments
(chargeable to private property) in
excess of any demand against such
assessments $1,614,054.37
Less Chesapeake and Ohio Canal bonds 75,000.00
And Washington and Alexandria Railroad
bonds 59,000.00
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In the hands of the commissioners
of the sinking fund 1,748,054.37
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Leaving actual debt, less said assets 13,994,613.
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