Morning journal and courier., 1881-01-29
THE NATIONAL CAPITAL.

Financial Condition OF MnssacHuSetts-
aleanings from the Censiis Report-A
Valuable Work by superintendent
Walker=CohkIfng's Attitude toward
Garfsid's Cabihef-Other Matters.
WASHINGTON, Jan. 38.-The following is a
preliminary exhibit of the financial condition
of the State of Massachusetts,, as reported by
Robert P. Parkes of Chicago, ILL.,, special
agent of the tenth census of wealth, debt
and taxation similar report to this one of
Massachusetts will be presented of every
State in the Union, and hence some little idea
can be gained of the value of the special
work which Superintendent Walker intends
to present the country. The first exhibit
shows the total assessed value of real and
personal property for the entire State; also
the State, country, city and town tax. The
census Office still reserves it's figures in rela-
ton to the true value of property as the re-
turns are not yet considered complete enough
Tor publication. Exhibit No. Valuation ;
assessed value of real estate, 81, Ill, 16O 072 !;
assessed value of personal property, $478,-
597 1876; total assessed value of real and
personal property, 1854, 1885, o2. Taxa
ton: State tax, $1,000, 600 i; county. $685.
600; city and town tax, including highway,
1921 1864, 1928. The second table shows In
condensed form the amount of bonded,
floating, gross and net debt, sinking fund
and debt per capita of the State, counties,
cities and the towns, the totals Of which are
as follows: Bonded debt $1O2 1888, 94s,
floating debt ST., 688. 297, gross debt $751;
652, 245, sinking fund $3O4,631, $50, net
debts $91, 153, 0Y2, per capita $51. 12.1, pop
ulation 1888 OS6 The third statement
shows for what purpose the bonded debt of
the State, counties, cities and towns of Mass
achusetts has been contracted whether for
public buildings, railroads, aid of schools,
sewers, war expenses, water works or other
purposes It shows that the largest amount
has been contracted for water works, making
a total for cities and towns of 1929, 667, 934.
Railroad aid comes next, but $17, 1913, 996 of
this is chargeable to the State and but small
portion to the cities and towns After water
works comes streets, no less than 1885,
10Y of the debt having been contracted for
this purpose. A further analysis of the rates
of interest which the bonded debt draws has
been made with the following result: Exhibit
No. 3; amount bearing per cent. interest
$3, $50, 366, 81 per cent. 81, 1874 1874. per
cent. $41 ,065. $50, 81 per cent. $455, 467, 5
per cent. $50, $50, 281, amount bearing Al per
cent. 81, 749, $50, amount bearing per cent.
S., O68, 900; total $1O9, 933, 948. These tables
also show the amounts of debt issued last
year, going back as far as 1860, and the
amounts maturing in each year, going for.
ward to the close of this century
The signal corps station at Chincoteague,
Va, reports to the chief signal officer as fol
lows: The schooner D. Ellis before report
ed, Captain George A. Terry, of Rockland,
Me-, 81 tons, bound from Norfolk to New
York, consigned to Rogers & Pendleton, has
bilged and will be total loss except the sails
and rigging which may be saved. The cargo
is 4, $50 bushels of corn. The captain and
crew of three men were brought ashore by
the life saving crew and are now at the sta
ton. The cargo will probably be a total loss.
The signal corps station at Barnegat, N. j.,
reports as follows: 5:45 p. m.-Life crew
just returned from the schooner Charles NJ
Nevins They report the vessel in good con-
dition and light, but will not adoat without
the assistance of steamer The Coast
Wrecking company has telegraphed that as
sistance has been sent.
The Eoenlia1g Star says: There is an occa-
sional rumor about Senator Conkling being
disappointed in the contemplated arraign-
ment of Garfeld's Cabinet, and if he (Conk-
Eng) does not receive proper consideration
he will "kick and make it hot'' for the ad-
ministration. prominent Democratic SEN
ator said yesterday: ''If Blaine goes into the
Cabinet it need not make any difference
to,Garfeld's administration whether Conkling
is pleased or displeased. Blaine can always
command support enough in the Senate to
Override Conkling or this faction on every
question great or small.