FINANCES OF THE STATES. (Continued from Page 449, Vol. 50.) NEW JERSEY-CALIFORNIA, NEW JERSEY. By the provisions of the act entitled, "An act to change the termination of the fiscal year," approved March 24th, 1863, it is made "the duty of the Treasurer to close his accounts on the 30th day of November in each year, instead of the first day of the meeting of the Legislature, as heretofore required." This change was made to enable the Treasurer to furnish the Governor a synopsis of the financial transactions of the State, to be presented to the Legislature at the commencement of each session. The increasing business of the Treasury rendering it impossible for a Committee of the members of the Legislature to examine the accounts of the Treasurer during the session, without almost entirely neglecting their legislative duties, a Committee of the members of the last Legislature was appointed by concurrent resolution, to make such examination previous to the organization, and report at the opening of the next session. The Committee thus appointed entered upon the discharge of their duties on the 15th day of December, and have now presented their report, from which, and the report of the previous year, we have prepared the following statements. An examination of the civil account, or State account proper, shows that the total receipts for the fiscal year ending the 30th of November, 1863, and for the previous fiscal year ending Dec. 31, 1862, excluding the cash balances on hand at the commencement of each year, were as follows: $77,849 02 Excess of receipts over disbursements.... $12,570 39 year.. Balance on hand at end of year....... ember 30, 1863, were as follows: The receipts and disbursements, in detail, for the year ending Nov Balance Sheet of the Receipts and Disbursements of the State Fund Proper, for the Fiscal Year ending Nov. 30th, 1863: RECEIPTS. Balance on hand at last settlement, January 1, 1863... $92,084 57 road and Transportation Company..... 21,989 00 Tax on capital Stock of Patterson and Ramapo Railroad Company.. Forfeited recognizances.. Commissioner of Deeds of other States.... Civil commissions... Pedlars' licenses... Assessments on private acts. Total receipts.... 1,241 12 932 18 200 00 439 00 710 00 1,986 00 48,311 05 $346,430 10 Showing a cash balance in the Treasury of $104,654 96. THE DEBT OF NEW JERSEY. At the close of the fiscal year, the indebtedness of the State was: To Bank of Savings, New York City, for loans in 1846, 1850, and 1854.. To Trenton Banking Company, for warrants given for Credit by cash in hand, as before stated, to liquidate debt On the 1st day of January, 1863, the debt was.... Amount of debt paid from January 1, to November 31 $95,000 00 9,000 00 500 00 30,000 00 $134,500 00 104,654 96 $29,845 04 $76,420 37 29,845 04 $46,575 33 Showing a reduction of the indebtedness of the State, in eleven months, of the sum of forty-six thousand five hundred and seventy-five dollars and thirty-three cents. Since the accounts of the Treasury were closed, the sum of one hundred thousand dollars of the tax levied in 1863, has been paid on State account, which not only liquidates the debt, but leaves a balance in the Treasury, after the payment of all indebtedness, to the credit of the State account proper, amounting to the sum of about seventy thousand one hundred and fifty dollars. The Treasury is in possession of the following available assets, the property of the State: 1,000 shares Camden and Amboy Railroad Co., par value 1,000 shares Delaware and Raritan Canal Co., par value Six per cent bonds, Joint Companies... Bond and mortgage.. $100,000 00 100,000 00 44,000 00 2,300 00 $246,300 00 THE WAR DEBT OF NEW JERSEY. The amounts expended by the State, and chargel to the United States for war purposes, are as follows: Of the amount credited as received from the United States in 1863, the sum of $382,643 90 was the quota of the United States tax assumed by the State. This statement exhibits a balance due the State from the United States, of $556,869 40. It is understood that some of the items of expenditure by the State, for war purposes, charged to the General Government, have been disallowed, or suspended by the War Department. The amount of bonds issued during 1861.... $531,800 00 SINKING FUND. The amount invested in the Sinking Fund is $171,664 64, as will ap pear by the following statement : One year's interest on registered bonds... Fifteen per cent interest United States tax account, $450,000... Total. $63,260 00 37,304 64 3,600 00 67,500 00 $171,664 64 CALIFORNIA. The last report of the Treasurer of California, was made November 2d, 1863, and is simply a brief statement of the receipts and disbursements of the State, from the 14th day of December, 1862, to the 21st day of Oetober, 1863. The present Treasurer had then been in office only a very short time, and was unable, therefore, to present a fuller report at that date (the first Monday of November,) the time fixed by law. Below is a tabular statement of the receipts and payments for the period stated: Fund. RECEIPTS FROM DECEMBER 14, 1862, TO OCTOBER 21, 1863. General Fnnd........... School Fund. Hospital Fund. $103,420 55 $558,593 78 117,187 87 Library Fund.. |