Ni:\v JERSEY. 



51* 



Finances. From tin- Treasurer's report for 

 tin- year cinliii^ Oct. 31, INJM, the following 

 .slatfinriil.s arc x>\\ In-red : State fund securities 

 on hand, Nov. 1, 1H92, il,<MMMK&96; riparian 

 leases added to fund during the year, $91,74?.- 

 03; receipts during the year, $1,962,810.80; 

 di>l>ur>enieiits during the year, $1,857,982.83; 

 balance, Oct. 31, 1893, $724,038.12, this being 

 the largest balance ever shown in the history of 

 the state. Amount of fund Oct. 81, 1893, $1,- 

 ,s.~>i;. ( .ii)(i.96. The amount of the school fund Nov. 

 1, 1893, was $3,702,429.85: loss on sale of real 

 otale, $0,115 ; intere-t advanced on loans, $67.- 

 00 ; investments during the year, $130,000; 

 income, $l(i!),(J<il.4l) ; disbursements, $222,287.- 

 43; balance Oct. 81, 1898, $255,210. The re- 

 ceipts from the State school tax of 1892 were 

 $2,151,700, all of which was expended, as was 

 $6,942, the amount received for the Agriculture 

 College fund, and $19,000, the amount of the 

 United States appropriation to agricultural 

 colleges. The. amount of war debt has been 

 diminished by $96,300, and was on Jan. 1, 1894, 

 $837,400. 



The report of the Comptroller for the fiscal 

 year shows that the railroads and canals having 

 their termini in the State were taxed, for the 

 year ending Oct. 31, 1893, on a valuation of 

 $214,072,322, the tax levy being $1,070,361.62. 

 The tax received from miscellaneous corpora- 

 tions other than railroads amounted to $535,- 

 612.26. The total amount therefore was $536,- 

 612.26, being an increase over the previous year 

 of $70,734.69. Insurance companies incorpo- 

 rated in New Jersey are assessed 1 per cent, on 

 their surplus, and 0'35 of 1 per cent, on the gross 

 amount of the premiums received. There are 

 4 such life-insurance companies in the State, 

 whose united tax is nearly $100,000. The net 

 receipts from the collateral inheritance tax were 

 $41,068.20; from official fees, $42,751.37; from 

 fees paid upon and subsequent to filing certifi- 

 cates of incorporation, $121,161.55; from ju- 

 dicial fees, $19,114.18; from riparian lands, 

 $16,352.39; from interest and dividends, $18,- 

 870; and from other sources, $938.33. 



The report of the Board of Taxation shows 

 the total assessed valuation of property in the 

 State subject to taxation for 1893-94 to be as 

 follows : Valuation of real and personal proper- 

 ty, $765.824,674; valuation of railroads and 

 canal property (subject to review), $222,468,389 ; 

 total, $988.293,463. 



The school tax is levied at the rate of $5 for 

 each child of lawful school age. The number 

 of such children, as shown by the school census 

 of 1892, wag 405.222. There are also two minor 

 sources from which money is received for school 

 purposes. One is the $100,000 annually set 

 aside from the interest on investments made 

 through the sale of riparian rights ; the other 

 is the special fund created by the distribution 

 among the different States of a national sur- 

 plus fund. The amount allotted to New Jersey 

 was divided among the counties for school pur- 

 poses, the interest only to be used. The amount 

 received as interest from this fund during the 

 year was $31,829.35. 



Trust Companies. The resources of New 

 Jersey trust companies at the close of business 

 June 30, 1893, as exhibited by reports to the 



Department of Banking and Insurance, were 

 $13,903,190.71. 



National Hanks. The statement of the 

 National Hanks for New Jersey shows that on 

 July 12 their resources were $8*4,513,224.56, the 

 loans and discounts amounting to $7i 1,422, 127.- 

 09. Individual deposits were |49,260 f 858J6 l 

 and the amount due to other national banks 

 was $3,771,541.64. 



Education. There are 1,688 buildings in 

 tli is State used for public schools, an increase of 

 19 over lust year. During the year $748,418.78 

 was spent on new buildings. There are 4,644 

 teachers, and the total enrollment in the schools 

 is 243,254. The number of children attending 

 no school was 89,692, and of these 80 per cent, an- 

 under eigh't and over fourteen years of age. The 

 lawful school age is between five and eighteen. 

 The number attending private schools is 47,157. 



The Agricultural Experiment station received 

 $19,867.50, balance of special appropriation for 

 the State Laboratory, and also $9,246.51 of the 

 annual appropriation of $11,000, leaving a bal- 

 ance to the credit of this account of $2,541.51. 

 To the credit of the State Board of Agriculture 

 $7,867.62 was paid during the year. 



The School for Deaf Mutes receives $275 a 

 year for each pupil, and every deaf person be- 

 tween the ages of five and twenty-one who is a 

 resident of the State is eligible for admission. 

 An annual sum of $5,000 is appropriated for re- 

 pairs which this year was increased by an ad- 

 dition of $15,000 for the construction of a shop 

 for industrial pursuits. There are 120 pupils 

 enrolled. For the cost of maintenance of pupils 

 during the year the State paid $27,264. 



The State maintains at Vineland a training 

 school for feeble-minded children and a home 

 for feeble-minded women. To these two in- 

 stitutions, and to the institutions of other States, 

 $81,783.83 was paid during the year for the 

 care and support of the 329 wards of the State 

 who are feeble minded or blind. 



Home for Disabled Soldiers. Of the 461 

 inmates of the home at the beginning of the 

 year, 273 were ' drawing pensions from the 

 National Government. The average age is six- 

 ty-two. An appropriation of $3,000 for the 

 purchase of a cemetery plot was made by the 

 last Legislature. The tTnited States Government 

 paid to the home during the year $28,313.15 ; 

 the State paid $20,330.44. 



State Hospitals. Under this name the in- 

 sane asylums of the State will be known in 

 future. * The Board of Managers reports that the 

 property under their care is worm $3.513,690. 

 This year the " dual system " was established at 

 Trenton, which had before been in operation at 

 Morris Plains. 



The State this year paid to county lunatic 

 asylums for support of patients $120.700.58, 

 and to the State hospitals for the insane $125,- 

 17:5.75. The number of count v patients in the 

 State Hospital at Trenton, by the last quarterly 

 report, was 810; at Morris 'Plains, 839: insane 

 convicts at Trenton, 18; at Morris Plains, 44; 

 patients in county asylums. 1.TJ7. 



State Prison. For this institution the net 

 amount disbursed was as follows: For mainte- 

 nance of convicts, $77,659.67 ; for salaries. $82,- 

 511.68; for repairs, $8.501.49 : payment to dis- 



