STATMENT J.

Showing the Funded Debt of the State, as of the 30th day of September, 1899.

CHARACTER OF LOANS.	Amount of Loans.	Maturity of Loans.	For What Account.
8 per cent. Exchange Loan of 1889, per Chapter 201 of 1888.	$7,400 00	1903	Redemption and Exchange
			Sterling Debt.
3.50 per cent. Penitentiary Loan, per Chapter 166 of 1896. . .	500,000 00	1911	Extension of the Md. Penitentiary
3.50 " Insane Asylum Loan, " " 164 of 1896...	100,000 00	1911	Second Hospital for the Insane.
3 " Consolidated Loan of 1899, per Chap.219 of 1898	5,101,926 18	1914	Exchange of State Debt and for
			new Public Buildings.
Making an aggregate of ..................................	$5,709,336 18
As an offset to this debt, the State holds the following
Bonds and Stocks on which, interest or dividends have
been promptly paid, to wit ;
Stock of the Annapolis Water Company ...... $30,000 00
" Farmers' National Bank of Annapolis . . 46,470 00
" in Balto. & Frederick town Turnpike Co. 11,000 00
" of the Washington Branch of the Balti-
" more & Ohio Railroad Company . ...... 550,000 00
Bonds of Northern Central Railway— Mortise 1,500,000 00
Stocks, Bonds and Cash to credit of the Sink-
ing: Funds.................................... 974.813 18	3,113,388.18
Net debt after productive stocks held by the ————————
State and the Sinking Funds are deducted ...............	$2,597,043 93

*No dividend paid since 1836.

At the close of the Fiscal Year there was still outstanding $1.00 of the Maryland State Loan, issued per Chapter
366 of 1872. Interest on same has ceased, and this amount will be paid when presented at the Treasury Department.

At the close of the Fiscal Year there was still outstanding £1,500 of the Sterling Loan, issued per Chapters 386