X REPORT OF THE

attached, upon which a premium of $12,500.00, or five per
cent, net above par, was realized. They will be found ac-
counted for under the same heading in ''Statement A."

"Statement A," also shows the receipts from the sale of
the Maryland State Loan Stock to be $183,580.00 which were
applied to the payment of the overdue Sterling Debt desig-
nated in "Statement B" as State Stock for redemption.
There was also realized on the first day of July from a settle-
ment with the Baltimore and Ohio Railroad Company under
the Act of 1878 Ch. 155, the sum of $100,911.20, and the
Treasury has occasion to congratulate itself upon the restora-
tion of kindly relations between it and the road occasioned
by that Act.

There was also received from the sale of old State House
furniture, lumber, &c., $634.25, and from some unknown
person as conscience money $139.80. The balance of the
receipts during the Fiscal Year were from the ordinary sources
of revenue, amounting to the sum of $1,747,498.64, a fulling
off of receipts from like sources compared with the previous
year of $91,017.45 This falling off is largely in the re-
ceipts from taxes, the Collectors not having been as prompt
in their payments as during the previous year ; the receipts
from Licenses were also not so large. In both instances it is
probably attributable to the dullness and hardness of the
times.

The total Receipts into the Treasury during the fiscal year
were $2,295,263.89.

The total Disbursements during the year were $2,489,079.14.

The Disbursements exceeded the receipts to the amount of
193,815.25.

The Balance in, the Treasury Proper at the close of the
fiscal year 1877, was $397,981.13.

The Balance in the Treasury Proper at the close of the
past fiscal year ended September 30th, 1878, was $204,165.88,
and the balance to the credit of the "Free School Fund,"
was $2,457.60, and the balance to the credit of the "Sink-
ing Fund" was $8,215.90, making the entire Credits
$214,839.38.