New-York tribune., 1884-01-11


message is an extremely amiable one. finding COM
| paIatively little 70 condemn and much to commend
| TIE FULL TEXT OF THE MESSAGE.
| MAYORS OFFICE, NEw-YoRK, Jan. :, 1884.
| To the Honorable he Board Of aldermen!
In compliance with the provisions of the
charter 1t becomes my duty the second time pre-
sent for the consideration OF your honorable body "a
general statement of the finances government and i'm
prOvements Of the city, together with such recommends
tions as seem to me expedient. In the course OF
thoughtful consideration Of the progress and condition
Of the city there will he found every hand abundant
evidences OF continued prosperity and vigorous growth
New Of transportation have been opened to and
from the Interior country great warehouses have
been constructed exchanges organized great once
buildings completed and occupied, and others
are In course OF construction; manufactures modest
dwellings and paatia residences have been built In great
numbers and wharve and piers have proven far too
limited in number and space accommodate the foreign
| and domestic commerce which seeks our port.
Amidst this prosperity. and necessary TO IT, we nnd that
the city unusually healthfu as evnced by the
largely decreased mortality In comparison with that OF
the previous year. Good order has prevailed throughou
year. and is remembered that the population
OF our city composed people Of almost every nation
atty occupation and condition. In e that there are more
than 800 900 persons daily gathered within its limits
and that the greatest liberty of action consistent WIN
equal rights is guaranteed ALL this marked prevalence
I u
cheering evidence OF the lawaOdlhg tenuehclos Vi or
! cosmopolitan population.
The year been made memorable In the history
OF NewYork and Brooklyn by the completion and deca-
ton to public of the bridge which now connects then
thus uniting two great cies whose interests are iient
cal by structure great ITSELF but greater still in s
promised benefits to tho best interests OF the people OF
! both
In the almost universal Observance OF the Centennial
Anniversary OF Evacuation Day by citizens the fact
has been cyuced that the virtues the noble deeds and
great achievements OF the founders OF our Institutions
are at the distance Of hundred years aeconatey re-
membcred rcco osnizcd, appreciated and admired.
THE FINANCE DEPARTMENT.
Achangc in the administration Of the Finance Depart
ment occurred in August by the resignation of Mr.
| Allan Campbell, and the appointment OF Mr. g. Hastings
| Grant the position OF Comptroller. Mr CaInpDePs
cSignaon O3casiOne1 by Ill health which rendered
it impossible for him perform the onerOus duties de-
| yoying upon the Comptroller Of the City Of New-York
The long and faithful public services of Mr. Campbell are
n " zed by citizens and the necessity for his
resignation universally regretted
The operations Finance Department for the year
| 1888 were a follows:
The City Ds5t-The total amount OF city stocks and
bonds outstanding at the close Of the year 1853 was
SI3JGsO $40 l. and deducjng the amount OF the sink
ing FUND. S3s, ,l3i54 &C. the net bonded deOt ., the
civ on 81, 1888, was S)21 l5O2o -, peihY
decrease during the year OF 3595922 10 The bonded
debt mas decreased annually 1876 and the annual
tax levy has been relieved from payments for ths pur
bonds from the surplus and accunuations OF
the sinking Fund which, if continued to be applied to
presl T p cy Sbt as %R %R due IN the year issi
and bonds originally payable by law rom taxes ana az,
se,smcns become due the amount oil 9lOl6963l 81,
all of which will be redeemed by the sinking Flnd Inc
oT n 10 o rre4 are necotlable at the lowest market
rates for money ovncod by the fact that offering
re DeT cent thirty fifty year additional Water Stock
city Of II was taken at Rrs5"a "n5. 5aSs Q.
been ELECTED two and one-Aalf per cent interest
the Cy Treasury receipts from al! sources 80, OF rev:
amour ing to Sj2O,99s s66 20. and the balance OF
339OsSl 55 in the Treasury December 81, lSs2, were
j69Os POI 7s and the total payments Including bonds
icde med to the amount OF Sls36i ,734 40, were Swere
Sji 262 Os6 81 leaving cash balance IN the CITY Ieas-
ury, December 81, l5S3, Of S26i6.lOl 49,. .,D,
| lie S,ntia Fund or te Redemi ton ofHe Cuy Debt
tbc balance OF @762 III OF in this fund December 81,
1Ss2, wore S9OGl 212 90 the t9tai @ @ l1o'uns
1891 05l 49, leaving cash balance December 81 1885,
ihc Si,i Hg F,nd rr he Payment oC H,teres, on ne
Citj DcbThe receipts from all sources inci91ng i sao
balance o S326.557 ~ in this und December 81 lsoE'
were - 7G3 I99 81: the total payments, including trans
ters 10 tie Sinking Fund for the redemption OF the city
hs3nce p,9I Ce Decenbey 81 1883 Of $5367 IL The to
amount Of cash In the city Treasury ana ia pom Sin1S
funds, as above stated, on December 81 1885, was
RersnHe B,njsThe amount Of revenue bonds; i''asd n
against Slg247 800 in los2. The average rate OF ~
Gres PAID %s ' arns 3s the S s5r Pfr Tss Ss @
ing 953, 600 Of the revenue bonds OF 1853 ou.sth u
!
me cash remaining in the CITY Treasury al that aale
available their redempton-an uneXanped co.uSn
OF affairs Al the outstanding revenue DohIs o. 80
and 1882 also paid of and cancelled IN Io9' 70 H'
amount of Si,0G2,BOO 1000,
TaIss lss3-ln 1883 the tax levy S29,l67O29 ~,
and ihe general 29 on
assessed valuation real and persona. estate anI
per cent S27l529O6 valuations or personal eSya1 y
OF corporations dong business Ia the els o, iroa
which ply direct taxes to the state and are exempt @ V 90.
local taxation for state purposes except on tnelr Ied
tate The amount OF taxes OF 1888 collected up TO DtcS
Der 81 inclusive $24,333,5lO 81, upon when Gi, ~
,yada ilfp1 hV VIII
the first OF November, amounting IN the akSrcSiS "
Si4s PSF To- which was mucn larger amount 0i rsoaS
the first day October instead OF near tine cIOsc VI ~
XssGsssd Vdat,ons Iss3-In 1888 there IN.
crease OF assessed Valuations oi Iea estate estate mi ~ M rbir.
eanb amoT6g 10 i4 $50 s25 while in these three
wards tIere decrease OF S5S9S42 20 On ~ P.sS
valuation The mel increase of assessed valuations OF
real and personal in 1883 Si32OO1o9 o. a.
+ shown by the following comp ,ratYo statement: M
iSsS Tota assessed Valuations I6i 90 20
/ 1882. Total assessed valuaIions.--.- l'-''4o,oo
Il Net increase in 1888 ..... si3,2Oo.765. 81 81
appropriations ls9l-Ihe tota Vb Rri Of F
! mate and A poronment, December 81, lss3, are b
are by specific provisions OF aS. AMI
, are subject 10 the revision or to any tNtehl th' ~
~ troll of Board OI Estimate aud APPortonnient os
= | Eierated Railroad Htfes.-TaXes amounting 70 s-.
$50 81, which nave beeu assessed upon me capt."
sp1 stIcrs OF the Elevated Railroad Companies Ol ''
city, from the year 1879 u 1888 both years ntin',
main unpaid aud are in litigation The cit c a. iaa
and hail million dollars snch taxes wTy doe to
3 Al a.. IS IS ',' '''' On the 7th OF
T. May last Tax sale held under he - Ia
n Controller FOR arrears OF taxes oi thS Is To-
and 1879, and OF CrOtOn Wafer htuts D MN ~ dollars.
iST7 and 1873 a.gregating about one million S owney,
" Nearly oucthd OF tnis amount w p" ay OF tue sale
abont one,third OF the property was sou jsr.ble
is & io I'VE Win ha. since been redeemed Iae
n nlmicr bid IN Tor tue elly lneds sSee. avenues.