V

SINKING FUND.

At the close of the fiscal year of 1860, there remained in
the Treasury to the credit of this Fund the sum of $5,157 68,
and there was received on account thereof during the fiscal
year of 1861, from interest on the Stocks of said Fund, and
from other sources, the sum of $255,241 08, making in the
aggregate $260,398 76.

During the fiscal year of 1861, there was invested for the
use and benefit of said Fund, the sum of $219,479 14, leav-
ing a cash balance uninvested in the Treasury to the credit
of the Fund, of $40,919 62.

Statement E, will show the sources from which the receipts
arose.

Statement F, exhibits the character and amount of Stock
held by the Sinking Fund at the close of the fiscal years of
1860 and 1861, as also the amount and character of Stock
purchased on account thereof during the year 1861.

It will be seen that the aggregate of amount of stocks to its
credit, at the close of the fiscal year of 1860, was $4,823,229
35, and that there was purchased during the last fiscal year
on account thereof, the sum of $231,189 02, which, being
added to the sum of $40,919 62, the cash remaining to its
credit, makes the total amount of the Sinking Fund, at the
close of the fiscal year of 1861, $5,095,337 99.

Statement G, will exhibit the items and aggregate amounts
constituting the Sinking Fund and the Free School Fund, at
the close of the fiscal year 1861.

Statement H, will show the assessed value of Real and Per-
sonal Property for the year. 1861, in the several Counties and
the City of Baltimore, with the amount of Levy thereon in
each.

The assessed value of the whole is shown to be $286,430,-
056, of which amount $158,530,686 is that of the Counties,
and $127,890,370 of the City of Baltimore. Thus it appears
that rather over four-ninths of the whole assessed value of the
real and personal property of the State is of the City of Bal-
timore.