The Birmingham age-herald., 1911-11-03
STATE TREASURY
 REPORT SUBMITTED The Disbursements Exceed Those Given Out in 1910 COST OF EDUCATION More Than Half of the Disbursements Were Appropriations to Edu-
 cational Purposes-State's
 Bonded Indebtedness

Montgomery, November 2.-(Special.) J. While the state was spending during the fiscal year just ended s5SSs, ,967 .37. the cof- fers of the Alabama treasury were re- ceiving only s5, 463, ,5667o, according to the annual report of State Treasurer John Purifoy, which has just been submitted to Gov Emmet O'Neal The difference in excess of receipts, amounting to s426,- 400. CT, represents in a partial way the in- roads that are being made into the state treasury.
 During the previous fiscal year, the one ending on the night of September 30, 1910, the excess disbursements over receipts amounted to s27S,552, 66 or s157.s4S.O1 less than the 1911 excess Total receipts for the year ending in 1911 exceeded the total receipts of the previous fiscal year by only $95, 422. .46. whereas the total disbursements during the fiscal year just ended exceeded the year by 43,27O.47.
 Divided Report
 In part the report of Judge Purifoy is divided into two parts. the first part showing the condition of the state treas ury at the time of his induction into of flee, January 17. The second part shows the full condition of the treasury dur ing the entire year. Comparison of the reports with previous reports shows that whereas the receipts annually have been getting a little bigger, the disbursements have at the same time been growing. When the fiscal year of 1909 started on it's course the balance in the treasury was SIP, ,o24.59 When the fiscal year of 1910 started out it's cash balance was s43S, Al .93. The fiscal year on which the state Is now embarked started out with only $7O71 .26. Should the same ratio be maintained the fiscal year of 1912 will start out with a deficit of about a half million dollars. The dividing line between cash on hand and a deficit has already been reached
 Entire receipts of the treasury depart- ment during the fiscal year just passed are shown ,at length in the treasurer's report. ,fI
 School Appropriations A matter of interest throughout the state, and that is taken as complimentary. is that of the disbursements of s5,SS9, 967 .S7, almost one half were for education in Alabama. Education cost the state in all during the past fiscal year $2,S5s15s. 1a. Interest on the states bonded indebt- edness is annually more than $375,000, the entire bonded indebtedness being about s9, ,50o,O 900.
 In Judge Purifoys introduction to his report he shows the condition of the treasury at the time of his induction into office as follows.
 office of State Treasurer.
 Montgomery, Ala, November l. 1911. Hon. Emmett O'Neal, Governor: Dear Sir-In obedience to subdivisions and of section 624 of the code, 1 herewith submit to you an annual re- port of this department, showing receipts ana disbursements for the fiscal year beginning October l, 1910, and ending September 30 1911. Also a condensed statement of the bonded debt of the state with numerical list of all coupon bonds exchanged for registered bonds. The present encumbent entered upon the discharge of his duties on the 17th day of January, 1911. The following statement shows the condition of the cash balance at the close of business, January 14 1911. the termination or my predecessors official term, and the be- ginning of January IT. the beginning of my official term:
 Balance shown by cash
 book S1O9 o20.9I Amounts not certified. 171, ,161.05 Interest fund balance. 205,71S.35 The above items con- sisted specifically of 2, the {, following mat Warrants carried as
 cash .$2-S,o ."J Due bills............ 6).00
 sy26,614..9 Balances in state de-
 positarics ............. 672,147.43 Currency in vault...... 2,74S.00 Silver in vault.......... 143.94 Check ................. $500 Balance with fiscal
 agent in Now York. 1S2, 716n If the amount of warrants carried as cash to-wit, s22S, S,55429 and balance due fund, to-wit, $205, 716.35, be de- ducted. there will remain balance of SC52. .127.73 available for general purposes T he treasurer's cash book shows the following general condition beginning Oc- tober 1, 1910, and covering the period to january IT. 1911. the date on which the present encumbent entered upon the dis charge of his duties: Balance in treasury
 October 1, 1910. ......$ i33, 471.93 Total receipts to and
 including January H,
 1911 ................... 2,447.75S59 Amounts not certified 171,161.05
 -----s3, ,052, 57 Total disbursements. .S2, I'll ,709.55 Warrants paid and
 carried as cash.. 22S,55429
 ---$2. 400. .26S.S4
  Net cash balance. e.............$ 652,12773 Respectfully submitted,
 JOHN PURIFOY,
 State Treasurer. The report will be bound and published at the earliest possible moment
 
 Robbed of Ten Thousand Dollars W-inona. Mss. November 2.-Mrs. W. F. Jahn of Rollingstonc af The Winona H