As an off-set to this debt, the State holds the following Bonds

and Stocks, on which the interest and dividends are

promptly paid, to wit:

Stock of the Baltimore and Ohio R. R. Co..........................

$1,201,867 19

Stock in Washington Branch B. & O. R. R. Co..................

550,000 00

" Bohemia Bridge Company...............................

15,876 99

" Columbia and Port Deposit R. R. Co................

60,000 00

'' Farmers' National Bank of Annapolis...................

46,470 00

" Chesapeake and Delaware Canal Co.....................

81,250 00

Bonds of Northern Central Railway — Mortgage..................

1,500,000 00

" Susquehanna & Tide Water Canal Co's. — Mortgage.

1,000,000 00

Cash to credit of Sinking Fund for reduction of Public Debt.

66,579 28

$4,522,043 46

Balance, after productive Stocks held by the State and the

———

Sinking Fund are deducted........................................

$6,219,172 14

The debt was reduced during the Fiscal Year ended Septem-

ber 30th, 1873, by redemption and Exchange as follows,

viz : .................................

6 per cent, debt chap. 241 of 1834..................................

$127,979 51

6 ' '' 20 of 1839...................................

4,506 49

6 ' " 275 of 1870................................

20,000 00

6 " 152 of 1867................................

100,000 00

5 " .395 Of 1838...................................

364 44

5 ' ' " 41 of 1847..................................

6,501 32

5 " (Sterling,) sundry chapters......................

353,000 00

Total reduction................................................

$612,351 76