Birmingham state herald., 1896-11-05
THE AUDITORS REPORT.
IS NOW IN THE HANDS OF THE
 PRINTERS.
It Is a Concise and Valuable Taper Throwing Light on the States Financial Status.

Montgomery, Ala, Nov. 3.-(Speclal Correspondence.) .)-Audltor Purlfoy s an nuaI report to the Governor, for the ns- cal year ending Sept S0 1896, has been placed in the hands of the printer, ana the length of time elapsing before It IS ready for distribution will depend wholly upon the facilities of the state printer to get it ready. The increased Work ltn- posed upon the office within the past ten years makes the annual report EoluIhe @ of double it's size of ten years ago. The advance sheets of the preliminary part of the report, show that the auditor mas spared no pains to make plain the man cial condition of the state, and to lufnlsh the general assembly with all necessary recommendations, and to enlighten u on all needed reforms in the revenue sys- tenn of the state.
 In treating of the stante's finan- ces he shows that the total recelpts into the state treasury during the fiscal year ending Sept. SO, lS9o, from all sources, amounted to $1,- 999, ,930, while the total dli, dlspurse- ITS ments for the same period were Sl,s6l,- 912. In the latter is included a depI or $100, temporary loan contracted oui- ing the previous fiscal year, whlcn sum total of the disbursements Tor the past fiscal year, shows the actual receipts to have exceeded the actu. al disbursements for the period trea tea or by $13S GOO. By comparison or the totai deducted from the sum total or dlspurSe- ments for the past fiscal year, shows the receipts and disbursements, as shoWn py the auditors reports from 1886 to lS9o in- elusive a period of ten years, ne shoWs that during that period the total receipts have exceeded the total disbursements but three years, while the reverse IS shownsn seven of the ten years, and the total excess of disbursements over re- ceipts is shown to have been $474,20o.
 He gives a concise history of the state bonded debt, showing the amounts or the several series of bonds authorized py law ito be issued, and the amounts of each series that has been issued. This dept is shown to consist of three series, deslg- mated as classes A. B. and c, authorized by the act of Feb. 23, 1876, known as the settlement act. The total of these serles authorized amounts to $8, 596,0 ,000. In ad- dition to these series $954,000 were author ized by act of Feb. 22, 1884, making to- tal of $9, 9,54OO00 authorized. Of this sum there have been actually issued $9,5oi ,Ovo, leaving the sum of S1S5,0OO authorized put mot issued; but by act of the last session of the general assembly "all old eX- changeable bonds which are not present. ed to the Governor for exchange by the list day of July, 1896, shall be forever par red as claims against the state or Ala bama," so that this S1S5,000 can not be issued The interest as provided Tn the act authorizing the issue of class A bonds Increased from per cent per annum to 5 per cent. per annum. This increased rate began on July 1, 1896, and adds $6S,- 600 per auunm to the states interest pay ment.
 Three tax collectors are reported in de- fault and proceedings for recovering the sums due by them are recommended to De commenced against them.
 l( A number of recommendations are made as to amendments in the revenue laws. The full report when printed will show the receipts and disbursements III detail, the sources from whence the re- ceipts are derived. and the purposes Tor which the dlsburse ments were made. A detailed statement of the educational fund with the sources of its derivation and channels of disbursement.
 The complete report will be replete with detailed statistical information as to the states resources. This informa- tion can be obtained from no other source.
 It is remarkable that the auditors of flee has been in charge of the ablest men in Alabama and the present incumbent is no exception to the rule. He Is a worthy successor of Brewer and Burke and the state has never had a more faith ful and capable official than Judge John Purifoy, it's present auditor.