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United States. Office of Indian Affairs / Annual report of the Commissioner of Indian Affairs, for the year 1879

Trust funds and trust lands,   pp. 197-209 PDF (3.7 MB)

Page 197

The following statements show the transactions in the Indian trust 
funds and trust lands during the year ending October 31, 1879. 
United States 4 per cent. bonds, amounting to $496,350, have been 
purchased for various tribes, as indicated in Statement No. 1. These 
were purchased with funds derived from the redemption of United 
States registered 6s, act of March 3, 1865, and United States 10-40s. 
Statement No. 2 shows the kind of bonds redeemed, the tribes to 
which they belonged, date of redemption, and amount belonging to 
each tribe. The funds derived from the redemption of these bonds were 
reinvested, as shown in Statement No. 1.                      ,, 
Statements A, B, C, D, E, F, G, and H show in detail the various 
changes in the stocks, funds inthe Treasury to the credit of various 
tribes, collections of coin interest, and the premium realized from the 
sale thereof, and collections of interest in currency. Following these 
statements is a consolidation of all inter~l collected, including premi-
um on coin and the disposition thereof, and a statement of interest ap- 
propriated by Congress on non-paying State stocks, for the fiscal year 
ending June 30, 1879. A statement, also, will be found giving in detail 
the appropriations for the current fiscal year for the several Indian 
tribes and the Indian service, together with the principal of bonds held
in trust for Indian tribes, and of funds placed in the Treasury to their
credit, and of interest annually arising from such bonds and funds; 
also, a statement showing the transactions arising on account of moneys 
derived from the sales of Indian lands, all being sufficiently in detail
enable a proper understanding of the subject. 

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