The times. [volume] (Richmond, Va.) 1890-1903, 1901-12-06
FINE EXHIBIT AS
TO STATE FUNDS
Excellent Showing Made by Second
Auditor in His Re-
port.

The annual repe-t Of Hon> john G. Dew,
Second Auditor 81 Virginia, covering the
operations. ct his efsce for the fiscal year
ending Oetcse- 1st last, Was issued yes
teruay, and makes q fne showing
Judge Dew discussing tho report, sald
the State had in tae past year paid the e1-
penses Of m extra. Session OF the Gen
crsl Assembly had go far raic the ex-
pense. Of Cezstitutlsnal Convention. and
provided for this beay until 1t adjourns,
had provided also fer the regular session
of the General Assembly. snd besides ali
this the e.rce had reduced the public deb,
by 34Ss, ese, and bought fer thu literary
fund SOS, 800 werth Of State bonds.
SHOWING FOR THE YEAR.
Here are given some comparisons with
the report Of the fiscal year ending Octo-
Der l. 1890, whisk speak fer themselves
Of what ha.fbeen dene In the past y'ar:
General statement, public debt:
The amount Of bones held by the Liter
ary Fund 1909 1890 %; 1901, 81, 435 81. ~.
Amount held by the Commissioners OF
the Sinking FUND, 1880, sl4s.o0o; 1901, s5.+.
eoa.
In the bonds Of the general rublte, 1885,.
81. 75a, .2s. IS: 1901, A,57::.,2ssS.
Amount OF each class outstanding Octc-
bsr /, 1909:
Coupon bords, se,7s7,eoo: 1901, s7,5ss,oss.
Registered bencs, 1900, Ss,54o,sos; 1901, So
s7s1ee.
Debt under act Of February 20, 1889:
Bond. and certificates issued under act
Of February 20. 1852 began te bear 8 per
cont per snnur, July l, 1891 and amount
to 3d. ,e17.s5 ia 1890 these bear : per
cent. per anrun1 and amounted to 1916
s.oe7 Amount OF 1851 has been can
celeG, leaving for 1903, s1s,Oo7 1874; for 1901.
SIS, $50, 80 ts.yf OF thi, amount there is he'd
by the Literary Fund, 1850. s24s,4oo; 1901,
scIs, 800; and &hcld by the Sinking. Fund
Commissioners. 1900 s5.7.Uco; 1901, s7S7,SeO.
Leaving int hand. of the public, 1000
81 .s1 7c3. Il; 1901, ssss5.57o.cs. Total, 1900.
SIS, COZ, 1853 II, 1901, $4,000, zoos.
Amount of5each class outstanding Octe-
Der 1, $780, coupon bonds, s9624,0Go; 1901,
S. 2s1, 500; registered bonds, 1900. sS,5s0, 100;
1901. So, 1856, 800; fractional certificates, 1900,
s3,oes.41; lso1i s2,s7c.Cs.
PRIA CfPAL AND INTEREST.
+ Principal @and interest outstanding.
which ha. not been funded under act O.
February H. 1882, or act OF February 70,
1882:
The amount Of bends and certificates
outstanding October / 1900, !ssueI under
act, passed prior of February II, 80 (ths
unfunoed bonds reduced one-thl.u for
west Virginia. pertior), is 1874, LBS; 1901,
Soc5. ss3.e 81.
The anmeurt Of Interest outstanding
cue te and includIn. July l, 1881. exclusive
OF any interest that may De unpaid on
bona. issued under acts of February Il.
1852. and February 20 1882. is in 1900 re-
pert, J,47s,o.61s; in 1891 report. sl,44s7ls.4s
i otal for 1850 S:.1t2, .s7.Ss; fer 1901, seUo4,-
6a2.4s.
Tax receivable coupons received en- jusE-
nents, 1900, s77:; 1sol.s11,6N.
-.
TENDER &c. 1893. $3.50. sss.ss; 1891, sos 1855.
The receipts and disbursements, account
shows a. balance in the treasury to the
credit Of the Commonwealth. en- account
Of interest on tn. public eeht. October !,
1890, So, ss4:4s; far 1901. s14,.4s44.
THE LITERARY FUND.
Making eft State bonds 1900. s1,o7s,-
7e7 %; 1901, s1,T1e,cc7.2s Annual interest
eeeruing ON the above fund and paid to
the public .cheol.. 1909, :4ys77.se; 1901.
$51, 3t6sa
Since last srepsrt the Literary Fund has
purchased 5000 OF RiddleberEer and
sos $500 Of Century bonds, watch are en-
bra.ed in the foregoing statement.
THE SINKING FUND.
The following is .lceinct statement
Of the bonds now held by the Sinking
Fund fpurcAased unse- ast ef February
II. 1880: ~
BOND. iss11ea under act Of February %.
1892. s7s7 sos; purchaoeN with surplus in
treasury. s414 900; purchased with divi-
dends OF tbs r; r. and Potomac rail
road. ss73,5ce; bonds issued under act Of
February II, 1882. $4,000; purchased
! with sur1lu, IN treasury. $4,000; pur-
chased with dividends frsm r. F. ana 2.
railroad, s2ca,ooo fetal, -1,111.5es
These bonds have all been registered
in the name Of the Commissioners OF the
Sinking Fund, and are flef with the
Treasurer 81 the Commonwealth. They
make in ALL s7s7.5oo bonds under act Of
February 90 1892, at cost ct s71e, e4s =
and 1924 600 under act OF February ~
1882 at cost Of 1903 .34o.4a and total
| Of 81 1115Co at a eest Of 81 ozo. ESQ. 81.
Total amount held by Sinking Fund
| Commissioners 1910 srh5, aoe: 1901, ST.