STATEMENT "T'— (CONTINUED )

Character of Loans	Amt. of Loans	Maturity	For What Account
Series "W" .......................................	130,000.00	Feb. 15. 1931
Series "X" ........................................	137,000.00	Feb. 15, 1932
Series "Y" .......................................	142,000.00	Feb. 15, 1933	State Roads
Series "Z" .......................................	147,000.00	Feb. 15, 1934
Lateral and Post Roads Loan of 1920, 4 1/2 per cent per Chapter
508 of 1920 ($1,000,000.00) :
Series "A" .......................................	87,000.00	Aug. 15, 1923
Series "B" .......................................	91,000.00	Aug. 15, 1924
Series "C" .......................................	96,000.00	Aug. 15, 1925
Series "D" .......................................	99,000.00	Aug. 15, 1926
Series "E" .......................................	104,000.00	Aug. 15, 1927
Series "F" .......................................	109,000.00	Aug. 15, 1928	State Roads
Series "G" .......................................	114,000.00	Aug. 15, 1929
Series "H" .......................................	119.000.00	Aug. 15, 1930
Series "I" ........................................	125,000.00	Aug. 15, 1931
Series "J" ........................................	56,000.00	Aug. 15, 1932
Making an aggregate of ....................................	$28,364,880.55
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:
Mortgage of the Northern Central Railway Company $1,500,000.00
Stocks, Bonds and Cash to credit of the Sinking
Funds ................................... 8,521,004.44	10,021,004.44
Net Debt after Productive Stocks held by State and the Sinking
Funds are deducted .............................	$18,343,876.11

At the close of the Fiscal Year there was still outstanding £1,500 of the Sterling Loan, issued per Chapters 386 and 396 of 1838.
Interest on the 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 $50.00 of the State Currency Loan, issued per Chapter 322 of 1839.

At the close of the Fscal Year there was still outstanding $300.00 of the State Currency Loan, issued per Chapter 20 of 1839.

Interest on the same has ceased and these amounts will be paid when presented at the Treasury Department.

For this balance of $18,343,876.11 the State has an offset her Unproductive Stocks amounting to $1,272,026.99 and $2,981,160.71
due from accounting officers and incorporated institutions.