562 



MISSOURI. 



The public debt has been reduced $992,000 

 during the past two years. The total outstand- 

 ing bonded debt on *Dec. 31, 1890, was but $8,- 

 533,000, of which $1,533,000 bears interest at 

 the rate of 6 per cent., and the remaining $7,000,- 

 000 at 3 per cent. The school and seminary 

 funds, represented by State certificates of indebt- 

 edness, then contained $3,683,000, of which 

 $3,042,000 bears 6 per cent, interest, and the re- 

 mainder, $641,000, bears 5 per cent. Of this in- 

 debtedness $3,143,000 belongs to the State school 

 fund and $540,000 to the State seminary fund. 

 The total annual interest of the State amounts 

 to $551.550. There was a balance to the credit 

 of the sinking fund on Dec. 31, 1890. of $453,- 

 168.49. 



The last General Assembly fixed the rate of 

 taxation for interest and sinking fund at 10 

 cents on the $100 instead of 20 cents, which had 

 been the rate theretofore, and thereby reduced 

 the total rate of State taxation from 40 to 30 

 cents on the $100. The revenue derived under 

 this rate has been sufficient to pay the expenses 

 of the State Government and the interest on the 

 public debt. 



On Jan. 1, 1889, there was a balance on hand 

 of $587,495.33. The total actual receipts into 

 all funds for the two fiscal years ending Dec. 31, 

 1890, were $7,151,365.91, and the total actual 

 disbursements were $6,834,377.37, leaving a bal- 

 ance Dec. 31, 1890, of $904,483.87, of which 

 amount $453,163.49 is in the sinking fund and 

 $180,997.73 in the revenue fund. 



The disbursements from the revenue fund 

 for the two years were $2,759,795.79, and the 

 amount of taxes received was $6,141,431.48. 



The assessed valuation of taxable property, 

 which was $789,692,245.38 in 1888, was increased 

 by the State Board of Equalization to $865,691,- 

 803.44 in 1890. 



Population. The population of the State by 

 counties, as ascertained by the national census 

 of this year, is compared with the population for 

 1880 in the following table : 



* Decrease. 



County Debts. The total debt of Missouri 

 counties in 1890 was $9,974,734, a decrease of 



