Omaha daily bee., 1896-12-26
NEBRASKA'S BALANCE SHEET
State Treasurer Bartleys Biennial Report %
Affairs of His Office,
OVER A MILLION AND A HALF ON HAND
Financial Transactions of the Lnst
Two Years show Accumulation OF I
Cash, Outstanding Warrants
and Delinquent Taxes.

LINCOLN, Dec. (Special)-In the in.
PRODUCTION to his biennial report to the gov-
ernor State Treasurer BARLEY sets forth
the following statement of receipts and
disbursements for the period covered from
the close Of business November 80, 1894, to
December /, 1896. From the detailed exc
hbts are found:
Balance per last report. 12l, ,3S7.St
Received November 30, 1884, TO
December ], lS96. .......,.,,.,,,,., I66h59l.9o
Disbursed November 80 1891, to
December l, l&6........,...,,,.. &o59,S5i'9s
Balance November 30, 1896. 81, 729, ,G2lSo
From this amount are to be deducted tho
sums in suspended state repositories, as
follows.
Capital National bank....,......S 2S6.36l,Ss
Buffalo County National bank. $4,000
Globe Loan and Trust Company
Savings bank ACKNOWLEDGEMENTS. l2,Sl2,5l
Bank of Wymore. ;..,,..:.....,,.. II ,BS'ol
First National bank of Beatrice. 2,S0S,H
Total Observation-Disclosures. 21,522.0s
Balance Observation-Disclosures. l,i5S lO5.s3
During the present month" says the re-
port, 1.-The temporary school balance as per
statement, S256 6bS2SS, less amount in sus-
pended depository banks (S24 62i.5S), will be
apportioncd and paid to the several counties,
decreasing the cash in the state treasury at
the time of this report to that amount.
There is now in the state depository banks
funds TO apply upon the payment of regis
tered general fund warrants in amount of
$3.50 ,370S9, less amount in suspended de-
postory banks. SOS, 1896. which WILL when
applied, further reduce the cash balance to
that extent
I'm addition to general fund floating in
debteduess shown in previous reports and
occasioned largely by excess in appropria-
tons over the amount raised by levy to
meet the same, under a similar condition
existing during the biennium for which this
report is made, the floating Indebtedness OF
the state has been further increased.
The appropriations for 1886 on general
fund were $27S4 6Si60; levy for the same
period was S2,SS3 ,965.7S; excess of appropria-
tions, s400 1852. Contributing to this ex-
cess was the unusual demand for relief re-
quiring an appropriation of $780, 900 and the
reimbursing of the sinking fund for $1S0,000
lost in the Capital National state depository.
The outstanding registered general fund
warrants November 30 are in amount 81 l,934,-
069.13, which, after deducting the cash on
hand cited above TO apply on same, have
for their redemption the uncollected taxes
of 1856 and delinquents from previous
years, which from the statement of the
auditor of public accounts, are $3.50, ,692.76,
and II paid in will take up the entire out
standing warrants and leave a balance OF
1921, $40. CO."
The state has in various permanent
50 273, 25l.25. There has been invested in
those securities in the last four years: From
November 30, 1892, to November 30. 1894,
S524, 1886 From November 80. 1894 TO No
vember 80 1896, s345,741.92. In addition 10
the purchases made In the last two years
ending with this report, the board has since
completed the purchase of 100000 Saunders
county bonds, which will be ready for de-
livery TO the state January l, making a
! total bond purchase since November 80,
1892. of $3.50, ,677.92.
"The bonded indebtedness of the state has
been reduced during the bennium, Novem-
Der 30, 1894, to December l. 1896. by tho
payment of $Sl 900 upon the 100000 relief
bonds. which fell due the present year, leav-
ing a balance unpaid of $40 9000 which
amount Is now owned by the permanent
! school fund. For the payment of the state
funding bonds, due April /, 1897, there is
now on hand in the sinking fund S3l7 $40 04.
OF these funding bonds the state has pur-
chased and holds in the permanent school
fund 1926 ,267.35. The balance. 1929, 900, are
held by outside parties, so that what remains
after applying the sinking when the
bonds are due, can be held by the state.
awaiting the delayed collections to meet
them, without incurring any injury to the
states credit. The experience of this de-
partment during this biennium with tho
state depository law has not been such as
to change the opinion expressed in the BIZ
ennial report from this office two years
ago. or to show the law profitable to the
state"