Savannah morning news. [volume] (Savannah) 1868-1887, 1882-10-30
GEORGIA'S FINANCES.
REPORT OF THE STATE TREAS
URER.
The Receipts and Disbursements for the
Last Year-The Property Owned by tho
State-The Interest on the Public Debt.

The annual report of State Treasurer
Speer was issued Friday. It shows at 8
glance the condition of the States finances.
The balance 10 the treasury on October 7th, ,
1881, was $794 547 81. The amount received
In the treasury from October z, 1881, to s sp-
tember 30 1881, was 81 ,609. .432 10, or total
of 81, ,403 976 6l The disbursements from
October z, 1881. to September 80.
1882, were $1,7l3 507 40, leaving bal
ance in the treasury on October l. 1882. of
$69O,472 10. The balance of $500. .472 IS is
not cash balance, bnt largely consists OF
State OF Georgia and United States bonds,
received on account of the second payment
from the purchasers of the Macon and
Brunswick Railroad: and the suspended bal
ance due from the Citizens Bank and the
Bank of Rome Estate Depositories), viz:
State of Georgia bonds s.........$ $1f5 600 90
United States registered bonds. ...... 10000 20
Balance due from Citizens Bank ~ 50 21S 81
Balance due from the Bank of Rome s2,2 %
Making an amount (unavailable) of. $3.50 4s4 "A
Which deducted from the stated balance
OF $500, ,472 Is, will show the cash balance
on hand on the first day of October, 1882. to
be $Sl0 047 Al.
RECEIPTS AND DISBURSEMENTS.
An interesting table is given showing the
receipts and disbursements. The general
items given are as follows: Rent of Western
and Atlantic Railroad. $500, 900; railroad
tax. S2l, ,452 S3, for 1881. Liquor tax for
1852. S33, ,504 25; liquor tax for 1881, S22,-
573 50. Fees of inspectors, $50, 1893 &c. In
surance tax, S12,9O4. Interest on sale of
Macon and Brunswick Railroad, $25, 900;
second payment on sale o: Macon and
Brunswick Railroad. $3.50, 900; hire of con-
victs In 1881, $24 ,S7l. There are various
other Smallpr eumc Whf0h ewa1I total
receipts to $780, ,432 10; which, added to
the balance brought forward for
the previous year. mBke 81, ,403,-
y79 81. The larger sums disbursed are as
follows: Public debt 1882, 1886, ,773, and
public debt 1881, 1886. .274. Legislative pay
roll 1881. Sl00,4 35. School fluid 1881.
S195, ,l37 Sc. Lunatic asylum, 1882, S96 ,002
O5; lunatic asylum 1881, $35 1856 So. Luna
tic asylum enlargement, $45, ,OO0 Special
appropriations, $41, 1897 "a. Civil establish
ment, $42,775 for 1882, and $29, 40 "a for
1881. Six hundred and fifteen dollars is the
amount expended for artificial limbs. The
usual appropriations Of $1,000 each to the
State University and Atlanta University
have been paid. These sums, with many
similar ones. make the disbursements run
up to S1.7l3,507 46, leaving a balance OF
$500, ,472 15.
The amount of the public debt not yet
due is put at So, ,624, 135, on which there will
be interest accumulate to the amount of
$645, ,440. The public debt with the interest
added will fall due as follows: 1SS3-S10S,-
600; 1SS4-$108, 900; 1SS5-$10S, 600; 1856
$4. .278 900; 1S90-$2 244, $50; IS92-$329, OPS;
1896-$579 $40; 1SS9-$2, ,435 $50; 1856
SIS, 500; 1932-$3,210.
GEoRGIA's ASSETS AND LIABILITIES.
The amount yet due on the Macon and
Brunswick Railroad is about $700, 600. The
State is indorser for the South Georgia and
Florida Railroad to the extent of $464, 900,
and on the Northeastern to the amount of
$3.50. The State is secured in each instance
by first liens. To set off these liabilities the
State has the following property:
Western and Atlantic Railroad, 1873 miles
lease nine years to run-annual rental
$780, 900. Macon and Brunswick Railroad
1876 miles-sold for 81, ,125. .0O0 of which
about 100000 is yet due. Bends OF Mari
eta and North Georgia Railroad. S66, ,233 60.
South Georgia and Florida Railroads.
miles -(contingent)-ha never defaulted In
paving interest. Bank State of Georgia
1888 shares of no value. Bank of Augusta
gia Railroad and Banking Company, $780,
600. Atlantic and Gulf Railfoad-l0, 900
shares-psr s., 600, ,000-(no market value)
Southern and Atlantic Telegraph, guaran-
teed by Western Union Telegraph Com.
panY-440 shares-$l0,0 900. Public build
ing-not estimated.
There are forty-nine insurance companies
that have deposited the $25, 900 each with
the Treasurer, IS required by law, before
doing business In the State. The Treasurer
estimates the receipts for the year 1888 at
81 ,36l, ,3l7 IA. The report is comprehensive
and interesting.