For school tax of 1860 refunded.... Balance, November 1, 1862 $130 52 915 35 28,322 22 11 4 33 37 290 15 3,750 OC 9,875 00 1,800 00 1,830 18 7,650 79 -2,997 50 5,992 65 1,397 26 2,713 15 9,310 37 2,551 7 2,445 94 2,398 73 977 91 1,987 68 1,601 72 2.882 99 7,302 23 2,390 52 3.714 27 1,295 43 1,199 33 4,211 10 27 20 1,265 00 949 67 874 24 1,881 66 267 62 7,406 58 2,488 67 S69 96 310 00 336 95 12 00 49 50 894,809 14 ... $6,628,881 29 1 The Receipts and Disbursements from November 1, 1862, to January 1, 1863, have been as follows, viz : RECEIPTS. On State Arsenal... $131,593 16 16,709 38 13.700 00 17,862 66 6,125 83 1,850 53 10,042 94 29,783 66 31,674 63 3,825 00 2,176 30 950 00 103 90 623 50 250 00 81 69 156 22 236 00 200 00 210 45 35 00 For Swamp Lands Balance, January 1, 1863 $4,492 43 2,196 93 1,025 07 2,682 53 1,275 00 1,000 00 549 79 486 70 770 00 790 70 430 55 128 25 146 27 560 00 699 68 144 00 363 03 297 99 17 50 488,831 13 $1,163,034 99 It was deemed for the best interest of the State that the interest on the State debt, payable on the 1st day of July last, should be paid in coin, especially as the other States were paying their interest in coin; and for the further reason that the war bonds provided by the last Legislature had not all been sold, and the failure to pay the interest in coin would probably cause them to depreciate. 1 was assured by the President of the Bank of the State, that, in his opinion, the several branches would furnish their proportions of coin in exchange for their notes. The amount of the interest, $160,000, was apportioned, as near as may be, among the several branches of the Bank of the State, and the Free Banks, in proportion to the circulation to which each was entitled. Coin at the time was worth 6 per cent. premium. All of the banks and branches responded to the call for coin, and furnished me with gold in exchange for their notes, except the branches at South Bend, Rushville, Connersville, Lawrenceburgh, Plymouth, and Bedford, and the Bank of Rockville, at Wabash. The amount of coin thus furnished by the banks was $125,393 01, leaving to be obtained from other sources $34,606 99, which was done at a cost of $4,044 30. Al interest becoming due since the 1st of July, 1862, has been paid in United States Treasury notes. J. S. HARVEY, Treasurer of State. |