Volume 248, Page 21 View pdf image (33K) |
* Of this sum, $4,050,000.00 is Sterling Debt, on which the interest is payable in London in gold or its equivalent. During the Fiscal Year 1884, 2,750 £ sterling (amounting to $12,222.22), have been added to the Sterling Debt in this Statement, in consequence of errors which have been discovered to have occurred from time to time running through a number of years. +This amount of Maryland Defence Loan had not been presented for redemption at the close of the fiscal year. ++ Since the close of the fiscal year, a certificate for $7,550.00 of Defence Redemption Loan has beeu issuing to the General Sinking Fund, nuking the total of this loan $3,000,00.00.The Sterling Debt is this Statement, has always been computed at the rate of $4,444.19 per £ sterling, while the exchange of Sterling, Bonds for the Currency Debt of the State is directed by Section 13, of Article 94, of the Code to be made at the rate of $4.84 per £ sterling. For For this balance of $6,955,782.89, the State has as an off-set her unproductive stocks, amounting to $27,320,539.82 and $1,485,305 46
due from Accounting Officers and Incorporated Institutions.
|
|||||||||||||||||||||||||||||||
Volume 248, Page 21 View pdf image (33K) |
Tell Us What You Think About the Maryland State Archives Website!
|
An Archives of Maryland electronic publication.
For information contact
mdlegal@mdarchives.state.md.us.