REPORT

— OF THE-

Comptroller of the Treasury

-OF THE-

STATE OF MARYLAND.

TREASURY DEPARTMENT, COMPTROLLER'S OFFICE,

ANNAPOLIS, December 28, 1898.
To His Excellency, Lloyd Lowndes,

Governor of Maryland:

In obedience to the duty required by Section 9 of Ar-
ticle 19 of the Code of Public General Laws, I herewith
respectfully submit the following financial operations of
the Treasury Department for the fiscal year ended Sep-
tember 30, 1898.

RECEIPTS.

By reference to Statement "A," the total receipts
during the fiscal year aggregated $3,005,314.22,'to which
sum must be added the balance in the Treasury proper
September 30,1897, of $707,138.58, and cash to the credit of
the various Funds' Account of $509,865.44, making the
total receipts $4,312,318.24, or a gain of $622,220.08 over
that of the year previous. Exclusive, however, of balances
and the amount to the credit of the several Sinking Funds
and the Common Free School Fund, the ordinary receipts
were $3,095,314.22 as against $2,772,055.40 for the year 1897,
or a gain of $323,258.82.

It is true that in this gain is included the sum. of $125,-
000.00, being amount received from the Military Emergency
Fund ; yet in the year previous is included the sum of $27,-
500.00, being the dividend on $550,000.00 of the stock of the
Washington Branch of the Baltimore & Ohio R. R. Co.,
which sum was lost to the Treasury this year. Therefore,
the net gain in the ordinary receipts is $225,758,82.