UNITED STATES OP AMERICA. (MAKYLAM..) 



at the close of the fiscal year was $972,412.91. 

 The cash available to the ordinary expenses of 

 the Government is only $521,787.57. 



There was received into the sinking-fund during 

 the year $033,972.60. 



Of the actual receipts this year, $33,972.60 rep- 

 resents the increment from investments, while the 

 remainder is the amount of the actual cash trans- 

 ferred from the treasury proper to the funds' ac- 

 count, a sum largely in excess of the constitu- 

 tional requirement to maintain the integrity of 

 these funds. 



The Oyster Navy, which had been showing a 

 deficiency for several years, was more than self- 

 sustaining this year, under the law passed" in 1900. 

 The balance to the credit of the fund Sept. 30, 

 1900, was $5,365.74, which, added to the receipts 

 of the year, amounting to $74,974.32, aggregated 

 $80,340!06, leaving a balance of this fund Sept. 

 30, 1901, of $20,471.49, against $5,365.74 at the 

 close of the previous fiscal year. 



The funded debt of the State at the close of the 

 fiscal year was $6,509,326.13, an increase of $200,- 

 000 over the year previous. The net debt of the 

 State is $2,662,344.29, which is an actual reduc- 

 tion since Jan. 1? 1900, of $225,698.66. 



The assessed value of property for State pur- 

 poses aggregates $643,812,408, an increase of $27,- 

 092,626. 



The receipts during the year on account of the 

 public-school tax were $727,314.41, which, added 

 to the balance on hand, made $1,077,270.48. There 

 was disbursed during the year among the coun- 

 ties and Baltimore city $720,455.85, leaving a bal- 

 ance on hand Oct. 1, 1901, of $356,814.63, against 

 $349,956.07 for the same period of the previous 

 year. 



The receipts on account of the free-book fund 

 were $138,455.08, while the disbursements aggre- 

 gated $153,532.74. 



The gross receipts of the State tobacco ware- 

 houses were $79,223.62, while the disbursements 

 were $77,531.20. 



National Banks. There were in Maryland on 

 Dec. 10, 1901, 78 national banks. Their aggregate 

 resources were $101,639,451.96; capital stock paid 

 in, $16,410,960; surplus fund, $7,376,459.09; un- 

 divided profits, $3,227,466.95 ; national-bank notes 

 outstanding, $5,944,705 ; loans and discounts, $56,- 

 982,904.49; United States bonds to secure circu- 

 lation, $6,041,250; United States bonds to secure 

 deposits, $12,628,500; stocks, securities, judg- 

 ments, and claims, $8,022,264.96. 



Industries. There are 9,880 establishments 

 in Maryland having $163,422,260 invested in 

 manufacturing and mechanical industries. The 

 gross value of the products is returned at $242,- 

 752,990, to produce which involved an outlay of 

 $7,383,263 for salaries of officials, clerks, etc.; 

 $38,761,551 for wages; $17,226,623 for miscella- 

 neous expenses; and $144,539,680 for materials 

 used. 



Although Maryland is not preeminently a 

 manufacturing State, there has been a steady 

 growth in its manufacturing and mechanical in- 

 dustries during the half century. The popula- 

 tion in these years increased from 583,034 to 

 1,188,044, or 103.8 per cent.; while the average 

 number of wage-earners employed in manufac- 

 turing establishments increased from 30,212 to 

 108,361, or 258.7 per cent., embracing in 1900 9.1 

 per cent, of the entire population, compared with 

 5.2 per cent, in 1850. 



The principal industries of the State are fertil- 

 izers, flouring and grist-mill products, foundry 

 and machine-shop products, canning and pre- 

 serving of fruits and vegetables, furniture, iron 



and steel, lumber and I 

 mill products, oyster < 

 slaughtering, textiles, an 1 t 

 tries in the census year < mil 

 ments, used a capital ( , 

 ployment to 37,241 wage-earn 



711 



products, planin#- 

 r and jircservin^. 

 I licse iridus- 



;jave ein- 

 and paid $12,- 



cllK-U 



M UK: 

 1000 



522,561 in wages. The value ot i, 

 was $86,343,509. 



The canning and preserving of fiiiil- a 

 tables is the most important indu.-.t.r\ 

 State. The 271 establishments reported in 

 gave employment to 7,505 wage-earners, and 

 products were valued at $11,996,245. The in 

 in the value of the products during the decade 

 was $4,800,136. 



Nine establishments were engaged in the manu- 

 facture of iron and steel in 1900, the industry 

 second in rank, with 2,138 wage-earners, and 

 products valued at $8,739,405. Iron ore was mar- 

 keted abroad, shipments being .made to Asia, 

 Africa, Australia, and England. The manufac- 

 ture of foundry and machine-shop products ranks 

 third among the industries of the State, with 113 

 establishments, 4,695 wage-earners, and products 

 valued at $8,443,547. There were 407 establish- 

 ments engaged in the manufacture of flouring and 

 grist-mill products in 1900, with 541 wage-earn- 

 ers, and products valued at $8,035,343. Five es- 

 tablishments were engaged in the manufacture of 

 chewing and smoking tobacco and snuff, with 

 2,002 wage-earners, and products valued at $7,- 

 054,159. There were 382 establishments engaged 

 in the manufacture of cigars and cigarettes, with 

 2,309 wage-earners, and products valued at $2,- 

 842,769. There were 40 establishments engaged in 

 the manufacture of fertilizers, with 1,016 wage- 

 earners, and products valued at $5,481,905. There 

 were 14 establishments engaged in the manufac- 

 ture of cotton-goods, with 4,727 wage-earners, and 

 products valued at $5,423,251. There were 53 

 establishments engaged in the manufacture of 

 planing-mill products, with 1,323 wage-earners, 

 and products valued at $3,753,083. There were 

 4 establishments engaged in iron and steel ship- 

 building, with 1,939 wage-earners, and products 

 valued at $3,299,491. There were 43 establish- 

 ments engaged in wooden ship and boat building, 

 with 676 wage-earners, and products valued at 

 $862,034. There were 42 establishments engaged 

 in the manufacture of furniture in 1900, with 

 1,869 wage-earners, and products valued at $2,- 

 976,494. There were 367 establishments engaged 

 in the manufacture of lumber and timber, with . 

 1,964 wage-earners, and products valued at $2,- 

 650,082. There were 21 establishments engaged in 

 the manufacture of paper and wood pulp, with 

 937 wage-earners, and products valued at $2,589,- 

 540. There were 16 establishments engaged in the 

 canning and preserving of oysters, with 1,444 

 wage-earners, and products valued at $2,417,331. 

 There were 1,199 clothing establishments, with a 

 total capital of $11,315,088; total wages paid, 

 $4,799,716; value of products, $24,501,636. 



In the manufacture of the cheaper grade of 

 shirts, Maryland ranks second. There are 26 es- 

 tablishments engaged in the manufacture of dis- 

 tilled liquors, with a capital invested of $2,326,- 

 272, and an output valued at $1,616,362. For 

 malt liquors there are 16 establishments, with an 

 invested capital of $13,857,323, and an output 

 valued at $4,133,7^7. 



Farms. The number of farms in the State is 

 46,012. They contain 5,170,075 acres, of which 

 3,516,352 are improved. The land is valued at 

 $120,376,550, the buildings at $54,810,760, imple- 

 ments and machinery at $8,611.220, and live 

 stock at $20,855,857. The expenditures in the 



