STATEMENT J.
Showing the Funded Debt of the State, as of the 30th day of September, /poo.

CHARACTER OF LOANS.	Amount of Loans.	Maturity of Loans.	For What Account.
3 per cent. Exchange Loan of 1889, per Chap. 201 of 1888.	$7,400 00	1903	Redemption and Exchange of
			Sterling Debt.
3.50 per cent. Penilentiary 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 Ch. 219 of 1898.	5,401,926 13	1914	Exchange of State Debt and for
3 " State Building and Improvement Loan, per			New Ptiblic Buildings.
Chapter 607 of 1900....... .... ...... ...	300,000 00	1915	Public Buildings.
Making an aggregate of . . . ...... . . . . .... ... ... .....	16,309,326 13
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 & Fredericktown Turnpike Co. 11,000 00
* " of the Washington Branch of the Balti-
more & Ohio Railroad Company .... 550,000 00
Bonds of the Northern Central Railway-
Mortgage .. ....... .......... .... 1,500,000 00
Stocks, Bonds, and Cash to credit of the Sink-
ing Funds.............................. ... 1,286,587 00
—————————	$3,424,057 00
Net Debt after productive stocks held by
the State and: the Sinking Funds are de-
ducted.. .. ... ... ...... ...... ..... ....... ......	$2,885,269 13