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ANNUAL REPORT of the State Treasurer.

STATE TREASURER'S OFFICE,
Detroit, December 1, 1846.

To the Legislature of the State of Michigan:

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The statements herewith submitted show the receipts and disbursements to and from the treasury during the past fiscal year, the condition of the various funds, and the balance on hand at its close, November 30th, 1846, as exhibited by the books of this office.

The balance in the treasury at the close of the fiscal

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$37,701 52

The auditor general reports as

Leaving a balance on hand of in current bank bills and coin. outstanding $11,641 02 of general fund warrants; of this amount $5,371 99 were issued on account of "Michigan State Bank Assets;" a part of them are payable in February, 1848, the balance in 1849; the warrants were drawn on interest. The deposite in the Phoenix Bank, N. Y., was received from the purchasers of the Central Rail Road, as a portion of the first instalment, and was remitted for the purpose of taking up the remaining coupons due in 1846 on certain state bonds named in the law, and provided for by the sale of the road.

During the past fiscal year, $45,000 of State Scrip have been. cancelled and burned; deducting the amount now in the treasury will leave $7,457 00 outstanding, a large portion of which is bearing interest and withdrawn from circulation.

The company incorporated for the purchase of the Central rai road having duly organized under the law, and paid into the treasury the first instalment, were placed in possession of the road the 24th of September last. They have since made other payments, amounting in all to $1,634,489 78, leaving a balance of $365,510 22

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still due the state. The different kinds of "state indebtedness" paid by the company, and the time of payment, is shown by the report of the auditor general.

On the 22d of October last, the incorporators for the purchase of the Southern rail road paid $10,000 00 in internal improvement fund warrants into the treasury, being the first instalment; on the payment of the second instalment of $40,000 00, which becomes due the 23d inst., they will be entitled to possession of the road.

The specific state tax of one-half of one per cent. on the capital stock of banks, has been promptly paid for the past year by all the banks now doing business in the state.

Contracts have been made for doing the state printing and binding for the fiscal year 1847, at reduced prices from those of previ ous years.

GEO. B. COOPER, State Treasurer.

DR.

Treasurer of Michigan in account with State of Michigan.

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CR.

$467 59

159,103 02

1,704,523 95

28,105 12

27,514 00

96

9,375 86 Do univer'ty int. do 13,993 02 By treasury notes

10,887 35

burned, By bal. in treasury

45,000 00

Nov. 30, 1846,

78,561 00

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LEGER BALANCES on state TREASURER'S BOOKS, NOV. 30, 1846.

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Statement showing the condition of the various funds on Treasurers'

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