Personal Finances of Abraham Lincoln
Pratt, Harry E.
Page  182

DISPOSITION OF LINCOLN'S SALARY WARRANTS

Page  183Page  184
Month Amount Date deposited in Riggs & Co. Washington, D.C. How 31 of these warrants became part of Lincoln's estate
1861  
March $2083.331 April 5, 1861  
April 2083.33 May 8, 1861  
May 2083.34 June 10, 1861  
June 2083.33 July 9, 1861  
July 2083.33   Purchased on March 15, 1862 with these seven warrants, totalling $14,585.33, Treasury notes of 1861 in the principal amount of $14,200, bearing interest at 7.3% per an|num, payable in gold.
August 2083.34  
Sept. 2083.33
Oct. 2083.33
Nov. 2083.34
Dec. 2083.33
1862
Jan. 2083.33  
Feb. 2083.34 March 1, 1862  
March 2083.33   Purchased on April 15, 1862 $2,000 of Treasury notes of 1861.
April 2083.33 Sept. 3, 1862  
May 2083.34 Oct. 20, 1862  
June 2083.33 April 2, 1863  
July 2083.33 July 29, 1863  
August 2083.34   These eleven warrants, totalling $22,306.67 delivered to Treasury on August 1, 1863 for a Certificate of Deposit in same amount. Cer|tificate bore interest at 5%, pay|able in currency, and represented a temporary loan as authorized by Act of February 25, 1862.
Sept. 2022.332  
Oct. 2022.33  
Nov. 2022.34
Dec. 2022.33
1863
Jan. 2022.33
Feb. 2022.34
March 2022.33
April 2022.33
May 2022.34  
June 2022.33
July 2022.33   In July Lincoln had approximately $1,202 in gold received as interest on his $16,200 Treasury notes of '61. This sum in gold would pur|chase $1,852.40 in greenbacks at the then market rate. Currency in this amount and July warrant, to|talling $3,874.73, were exchanged on August 18, 1863 for a Certifi|cate of Deposit.
August 2022.34   Purchased on January 12, 1864 with warrants for Aug., Sept., Oct. and Dec., totalling $8,089.33 Treasury notes of '62 in principal amount of $8,000 bearing interest at 6% per annum in gold.
Sept. 2022.33
Oct. 2022.33
Nov. 2022.34 December 8, 1863
Dec. 2022.33  
1864  
Jan. 2022.33 March 4, 1864  
Feb. 2022.34   Warrants for Feb. and March, plus balance of $89 in greenbacks from purchase of notes on Jan. 12, 1864, and all his Government securi|ties turned over by Lincoln to Chase, Secretary of Treasury, for reinvestment. Warrants became part of $32,800 reinvestment in Treasury notes of '81.
March 2022.33
April 2022.33 November 7, 1864  
May 2022.34 June 7, 1864
June 2022.33 July 9, 1864
July 1981.673 November 7, 1864
August 1981.67 Deposited in First Natl. Bank, Washington, D.C.
Sept. 1981.66 November 18, 1864
Oct. 1981.67 January 6, 1865
Nov. 1981.67 January 31, 1865
Dec. 1981.66    
1865   These four warrants found in Lin|coln's desk after his death.
Jan. 1981.67
Feb. 1976.22  
March 1981.67  
April 847.83   Paid to Administrator of Lincoln's estate as salary from April 4-15, 1865, income tax deducted.
TOTALS $100,668.72 $38,770.01 $61,898.71