previous next



Second Auditor's Office of Va.,
Richmond,--1863.
Dear Sir.
--As required by law, I herewith transmit statements containing synopsis of the transactions of the Fund for Internal Improvements, Sinking Fund, and Literary Fund, for the fiscal year ending 30th September, 1863.

Respectfully, your ob't serv't,

H. W. Thomas,
Second Auditor.
To His Excellency, John Letcher, Governor of Virginia.

Internal improvement Fund.

Synopsis of the Operations of the Fund of Internal Improvements during the fiscal year ending 30th September, 1863

Balance in the Treasury 1st October, 1862.$12,669.16.
Treasurer's receipts for payments into the Treasury during the fiscal year ending 30th September, 1863,viz; for loans obtained under act 29th March, 1851$85,200,00
for dividends on Bank stocks97,213,50
for bonus on Bank dividends86,137,24
for interest on seven per cent loans796,205,61
for dividends on internal improvement company stock316,431,44
for interest on dividend bonds, preferred stock, Confederate bonds, &c.34,620,94
for tells for use of Blue Ridge railroad.8,078.05
for premium on loans1,840.00
for sale of toll-house and lot on Staunton and Parkersburg road.275.00
total receipts1,426,001.78
$1,438,670.94

disbursements from the Treasury on the War rants of the Second Auditor, viz:

Appropriation to Covington and Ohio railroad.$31,721.29
Subscription to Va Central railroad company.53,634.95
Appropriation for road from Saltville to Tazewell C H.4,000.00
Interest due Literary fund.46,247.30
Interest on drafts allowed by Scarred of Public Works3,377.59
Dividend on old James river company stock.12,196.00
Expenses of the Board, salaries, stationary, mileage and attendance of the State proxies to meetings of stockholders of the James river and Kanawha company.4,203.97
Surplus revenue of the fund paid into the treasury1,240,000.00
Interest on guaranteed bonds James river and Kanawha company17,612.58
Interest on guaranteed bonds of Chesapeake and Ohio canal company14,400.00
Interest on guaranteed bonds of city of Wheeling3,600.00
Total disbursements$1,430,962.68
Balance in the treasury 30th Sept., 1863.7,708.26
1,436,670.94


Sinking Fund.

Synopals of the operations of the Sinking Fund during the fiscal year ending 30th September, 1863.

Balance in the Treasury 1st October, 1863.$104,167.20
Treasurer's receipts for payments into the Treasury during the fiscal year ending 30th September, 1863. received of the Common- wealth in amount of semi-annual interest due 1st January, 1863, on five and six per cent.registered debt$860,896.00
same, interest due 1st July, 1863.250,000.00
received of Common-wealth on account of interest due 1st Jan'y, 1863, on coupon debt of the State150,000.00
same, interest due 1st July, 1863.150,000.00
received of Common-wealth on account of interest due 1st January, 1863. on £373,000 sterling coupon debt.41,444.44
received of Common-wealth on account of public debt advertised to be redeemed 1st January, 1863.10,241.60
received of Richmond, Fredericksburg and Potomac Railroad Company, on account of the redemption of dividend bonds149,934.00
received from other sources330.00
2,073,542.44
$2,177,709.64
received of Virginia and Tenn Railroad Company, on account of the redemption in part of 7 per cent loan of $1,000,000, made by the State to said Co.886,685.00
received of Virginia Central Railroad Company, on account of the redemption of dividend bonds84,858.00

Disbursed during the year on the warrants of the Second Auditor, viz:

To pay interest due 1st July, 1862. on reg'd debt$69,860.95
To pay interest due 1st Jan'y, 1863, on same.514,787.79
To pay interest due 1st July, 1863. on same.414,708.41
To pay interest due 1st July, 1862. on coupon debt6,630.00
To pay interest due 1st Jan'y, 1863, on same.38,655.00
To pay interest due 1st July, 1863, on same23,520.00
To pay holders of certificates of Va State 6 per cent registered debt redeemed.10,952.00
Total disbursements$1,069,114.18
Balance in the Treasury30th Sept., 1863.1,108,595.46
$2,177,709.64.


Public debt.

Condition of the Public debt 30th September, 1863.

Amount of certificates of State six per cent. registered debt.22,064,798.33
Amount of certificates of five per cent. registered debt108,000.00
Total registered debt$22,172,798.38
Amount of Virginia six per cent coupon debt upon which interest is payable10,963,000.00
Virginia State coupon bonds said to be lost at sea in steamer Arctic.145,000.00
Amount of Virginia State five per cent. sterling coupon debt, payable in London.1,865,000.00
Total coupon debt12,973,000.00
Aggregate public debt 1st October, 1863.$35,145,798.33


Literary Fund.

Synopsis for the year ending Sept. 30th, 1863.

The available capital of the fund is$1,877,364.68.
Operations with the treasury Balance to the credit of the fund in the treasury Sept. 30th, 1863.12,179.12
Treasurer's receipts for payments into the treasury during the year 1863 viz; On account of fines, forfeitures and penalties.15,198.01
On account of sales of escheated lands1,876.74
On account of dividends and interest on investments91,272.34
On account of the Dawson fund11,487.74
119,834.83
132,013.95

Disbursements on Second Auditor's warrants on the Treasury during the same period, viz:

Fines, &c, refunded126.50
Salaries, expenses, &c.2,981.21
On account of the annuity to the University of Virginia14,490.00
On account of interest on the debt of the University of Virginia165.00
On account of the Dawson fund10,073.29
Annuity to Virginia Military Institute1,500.00
Military defence of the State89,000.00
Balance in the Treasury to the credit of the Literary Fund Sept. 30, 1863, of which $8,649.39 is held in trust for the Dawson fund13,678.95.
$132,013.95
Interest retained by Auditor of Public Accounts due to Literary fund26,806.09

H W Thomas, Second Auditors.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
H. W. Thomas (2)
John Letcher (1)
hide Dates (automatically extracted)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: