OHIO. 



663 



in 1800, died February 9, 1878. He was sent 

 out at an early age to preach to the Maoris of 

 New Zealand, was appointed Bishop of Waiapu 

 in 1859, arid resigned the charge of his see in 

 1877 on account of increasing age. He was 

 the author of an essay on "Christianity among 

 the New-Zealanders," and a "Dictionary of 

 the New Zealand Languge." 



YEL^ERTON, Sir HASTINGS REGINALD, a Brit- 

 ish admiral, born in 1808, died July 24, 1878. 

 He entered the navy in 1823, was in command 

 of the Mediterranean Squadron from 1863 to 

 1866, subsequently of the Channel Squadron, 

 and from 1870 to 1874 was commander-in-chief 

 of the Mediterranean Station. From 1874 to 

 1877 he was Senior Naval Lord of the Admi- 

 ralty. He was created a G. 0. B. in 1875, and 

 attained the rank of admiral in the same year. 



ZIMMERMANN, WiLHELM, a German poet and 

 historian, born January 2, 1807, died Septem- 

 ber 22, 1878. He was the author of a volume 

 of poems (3d edition, 1854), " Geschichte der 

 deutschen Nationalliteratur "(1846)," Geschich- 

 te der Hohenstaufen " (2d edition, 1865), and 

 histories of the wars of 1866, 1870-'71, and the 

 wars in Turkey in 1875-'78. 



OHIO. The following is a summary exhibit 

 of the finances of the State for the fiscal year 

 1878, the condition of the same at the close of 

 the year, and the estimates for the year ending 

 November 15, 1879 : 



THE FUNDED DEBT. 



Oil the 15th of November, 187T, the funded debt 

 of the State was $6,479,505 30 



The redemptions during the year were loan 

 of 1875 (being all that remained of said loan) 2,700 00 



Leaving balance outstanding November 

 15, 1878, $6,476,805 30 



The funded debt is divided as follows : 



Foreign debt, payable in New York- 

 Loan payable July 1, 1863, not bearing interest $2,500 00 

 Loan payable June 30, 1831, 6 per cent, interest 4,072,640 30 

 Loan payable December 81, 1886, 6 per cent, 

 interest 2,400,000 00 



Total foreign debt $6,475,140 30 



Domestic debt, payable at Columbus- 

 Canal loan, not bearing interest . , 1,665 00 



Total funded debt $6,476,805 30 



The local indebtedness of the State on the 

 1st day of September, 1878, was as follows: 



Net debt of counties $8,169,517 42 



Net debt of townships, including debts created 

 by boards of education other than for sepa- 

 rate school districts 160.955 72 



Net debt of cities (first and second class) 85,799,851 70 



Net debt of incorporated villages 917,417 64 



Net debt of school districts (special or sepa- 

 rate) 1 ,158,098 14 



Total local debts $41,205,840 62 



The amount of the reimbursible debt, there- 

 fore, is 



State $6,476,805 30 



Local 41,205,840 62 



Total debt redeemable $47,632.645 92 



The irreducible debt, composed of school and 

 other trust funds, upon which the State pays 

 interest at 6 per cent, per annum, is 4,260,988 78 



Aggregate public debts in the State $51,943,629 70 



The local indebtedness in the foregoing state- 

 ment is computed to September 1, 1878, under 

 act of May 2, 1871, the public funded debt of 

 the State to November 15, 1878, and the irre- 

 ducible State debt to January 1, 1879. 



The State Auditor's report shows that while 

 the State 'funded debt had decreased in seven 

 years from $8,583,546.37 to $6,476,805.30, the 

 aggregate of local indebtedness had consider- 

 ably more than doubled, rising from $17,590,- 

 547.97 in 1872 to $41,205,840.62 in 1878. The 

 increase was in debts of cities of the first and 

 second class, whose indebtedness had grown 

 year by year from $11,495,591.04 in 1872 to 

 $35,799,851.70 in 1878. 



The balance in the State Treasury November 

 15, 1877, including drafts for $300,000 on 

 county treasurers, not collected, was $987,009 86 



The receipts during the fiscal year 1878, in- 

 cluding drafts made upon county treasuries 

 during the year for $750,000. were 5,581,538 89 



Total amount of funds in the Treasury, includ- 

 ing cash balances at the beginning of the 

 year, and drafts made in anticipation of taxes 

 for $1,050,000 6,568,547 75 



The disbursements during the year, including 

 $850,000 of the above-named drafts re- 

 deemed, have been 5,649,852 78 



Leaving balance in the Treasury November 15, 

 1878 



Of cash $718,694 97 



Of drafts 200,000 00 $918,694 97 



Total estimated receipts for 1879, includ- 

 ing balance $5,535,222 97 



Total estimated disbursements for 1879. . 5,072,805 33 



Leaving estimated balance in the Treasu- 

 ry, November 15, 1879, of $462,417 64 



The taxes levied in 1877, collectible in 1878, 

 were 



State taxes $4,560,37963 



County and local taxes 22,954,271 16 



Delinquencies and forfeitures 2,001,096 74 



Total for 1878 $29,525,749 53 



The taxes levied in 1878, and collectible in 

 1879, are as follows : 



State taxes $4,496,376 01 



County and other local taxes 21,828,069 29 



Delinquencies and forfeitures 2,235,320 56 



Total for 1879 $28,559,765 86 



The value of all the taxable real estate and 

 personal property in Ohio, according to the 

 consolidated tax duplicate for 1878, is as fol- 

 lows: 



Eeal estate in cities, towns, and villages. . . . $381,892,967 00 

 Real estate not in cities, towns, and vil- 

 lages 709,223,985 00 



Chattel property 461,460,552 00 



Total taxable values for 1878 $1,552,577,504 00 



Net decrease in the valuations, as compared 



with!877 $22,068,261 00 



The total valuation of national banks, as 



equalized in 1877. was $-26,952,972 00 



As equalized in 1878 24,511.712 00 



Showing a decrease of. 



Of State banks 



Total, as equalized in 1877 ... $1,532,526 00 



Total, as equalized in 1878. . . 1,392,122 00 



$2,441,260 00 



140,404 00 

 Total falling off since 1877 $2,581,664 00 



The report of the State Commissioner of 

 Railroads and Telegraphs shows that there are 

 fifty-eight roads in Ohio operating lines as fol- 



