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Volume 251, Preface 6   View pdf image (33K)
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6

the total sum of $76,313.38. The disbursements on ac-
count of this fund for the year, amount to $67,476.57.
Statement E, gives in detail the sources from which
this fund was received, and how the fund was dis-
bursed.

SINKING FUNDS.

Statement E, gives also in detail the receipts as well
as the investments, on account of the sinking funds
during the fiscal year, 1887. There was received dur-
ing the fiscal year, 1887, from investments made on
account of the various sinking funds the sum of
$95,298.85, and there was transferred from the treasury
proper for the purchase of stock on account of the
sinking fund for the redemption of the Treasury Re-
lief Loan the sum of $25,200.00, and for the redemption
of the Defence Redemption Loan the sum of $276,-
626.87, making altogether the sum of $397,125.72; this
last mentioned sum was invested in city stocks and
State bonds, and the same were placed to the credit of
the various funds according to the amount to which
each fund was entitled.

Statement F, gives in detail the whole amount of
the sinking funds of the State. The amount, nature
and rate of interest of the securities which stand to
the credit of each fund.

The sinking funds now amount to the sum of
$2,144,215.90.

DIVIDENDS.

Statement G-, gives the dividends received during
the fiscal year, 1887, from various stocks held by the
State to be the sum of $213,134.54, and shows an in-
crease over the receipts of 1886 from this source by the
sum of $4,200.00.

THE OYSTER FUND.

The receipts on account of the "Oyster Fund," dur-
ing the fiscal year 1887, were $54,961.73, while the
disbursements for the same period amounted to

$67,221.88.

 

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