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United States. Office of Indian Affairs / Annual report of the commissioner of Indian affairs, for the year 1879
([1879])
Trust funds and trust lands, pp. 197-209
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Page 197
TRUST FUNDS AND TRUST LANDS. TRUST FUNDS AND TRUST LANDS. 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 to enable a proper understanding of the subject. 197
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