FUNDS OF THE STATE. PUBLIC DEBT. On the 30th of September, 1883, the total funded debt was $8,473,854.87, classified as follows: General fund (Indian annuities) Canal Bounty $122,694 87 8,348, 160 00 3,000 00 $8,473,854 87 During the fiscal year $3,000, the balance of the canal debt which matured January 1, 1883, $6,000, the balance of the debt which matured January 1, 1874, and $3,000 bounty debt were paid, which leaves the total State debt September 30, 1884, $8,461,854.87 The canal debt consists of the following stocks issued by the State for the purpose indicated: Under article 7, section 1 of the Constitution. Stock not bearing interest.. $160 00 Redeemable as follows: Six per cent, July 1, 1837. $160 00 Total canal, under article 7, section 1 of the $160 00 Under article 7, section 3 of the Constitution. For payment of canal revenue certificates redeemable as follows: Stock not bearing interest. Six per cent, July 1, 1873.. $500 00 ....... $500 00 $8,338,500 00 Total canal debt, under section 3, paying in terest The aggregate of the canal debt on the 30th September, 183, was $8,348,160, with an aggregate unapplied balance in the Sinking Fund of $2.495.553 06, leaving the real balance unprovided for, $5.852,606.94. On the 30th September, 1884, the account stood as follows: Aggregate debt. Aggregate Sinking Fund Balance unprovided for... $8,339,160 00 4.062,836 85 $4,276,323 15 The canal debt unprovided for is as above stated, $4.276,323.15. This with the $122.694.87 of General Fund for payment of Indian annuities, make a total indebtedness unprovided for, of $4.399,018 02. COMMON SCHOOL FUND. This fund consisted of the following items, September 30, 1884: United States four per cent registered bonds, redeemable in 1907 New York city five per cent registered bonds, redeemable after November 1, 1908.. New York city and county six per cent registered bonds, redeemable July 1, 1901, and January 1, 1902... Albany city four per cent registered bonds, redeem- Albany county three and a half per cent registered District of Columbia three and sixty-five one-hun- $2,273,000 00 500,000 00 165,000 00 87,000 00 110,000 00 50,000 00 99,500 00 250,000 00 53,000 00 Bonds for loans One thousand shares of Manhattan Company stock, Money in the treasury Mortgages for loans under act of 1840, in charge of the Commissioners of the United States Deposit Fund 16,018 07 Interest on bond, town of Middletown 12,775 00 1,012 46 9,330 00 Interest on bonds, New York city five's and six's.. Dividends on stock of Manhattan Company Rent of land From revenue of United States Deposit Fund.. Payments, viz. : 2,120 00 37,150 00 4,000 00 24 59 Indian schools Dividends to common schools Deficiency of the revenue September 30, 1884.... $60,177 01 LITERATURE FUND. This fund consisted of the following items, September 30, 1884: United States four and a half per cent registered bonds. United States four per cent registered bonds.. District of Columbia three and sixty-five one-hun dredths per cent registered bonds $102,600 00 10,000 00 25,000 00 Six per cent canal deficiency stock, 1887 One hundred shares of Albany Insurance Company stock.... 4,000 00 Money in the treasury.. 380 76 $271,980 76 The following statements show the money transactions of the year: Dividends on insurance company's stock... 912 50 400 00 From revenue of United States Deposit Fund 28,000 09 9 52 $14,637 62 $39,996 37 5,903 48 45,899 85 $1,212 23 Deficiency in the treasury September 30, 1881.. UNITED STATES DEPOSIT FUND. This fund consisted of the following items, September 30, 1884: Mortgages for loans in charge of the commissioners of the several counties, including amount invested in county bonds, in pursuance of chapter 553, Laws of 1861... Six per cent canal deficiency loan, redeemable 1891 Four per cent United States registered bonds, redeemable in 1907 Bonds of District of Columbia three and sixty-five one-hundredths per cent ($140,000), cost. $2,191,807 17 52 000 00 801,000 00 New York city three per cent bonds.. Bonds of District of Columbia, three and sixty-five one-hundredths per cent (par value).. |