408 



NEW HAMPSHIRE. 



proximately, 9,005 square miles, the average num- 

 ber of persons to the square mile at the censuses 

 of 1890 and 1900 being as follows: 1890, 41.8; 

 1900, 45.7. Of the 10 counties, all but 2 increased 

 in population during the decade. The greatest 

 gains are shown in Coos County (2b'.9 per cent.) 

 and in Hillsborough County (20.7 per cent.). 

 Hillsborough shows much the largest numerical 

 increase, having gained 19,39312,861 represent- 

 ing the increase in the city of Manchester. The 

 2 counties showing a decrease are Belknap and 

 Carroll. The population by counties is: Belknap, 

 19,526; Carroll, 16,895; Cheshire, 31,321; Coos, 

 29,468; Grafton, 40,844; Hillsborough, 112,640; 

 Mcrrimack, 52,430; Rockingham, 51,118: Straf- 

 tord. 39,337; Sullivan, 18,009. There are 11 cities 

 in the State, the population of which, in 1890 and 

 1900, was as here shown: 



Finances. The cash in the treasury, June 1, 

 1899, was $341,586.88; receipts during- the year, 

 $1,285,684.10; total, $1,627,270.98. The disburse- 

 ments during the year to June 1, 1900, were 

 $1,170,743.66; cash on hand at same date, $456,- 

 527.32; liabilities June 1, 1899, $2,026,021.38; as- 

 sets June 1, 1899, $690,953.33. The net indebted- 

 ness June 1, 1899, was $1,335,068.05. The liabili- 

 ties June 1, 1900, were $1,912,792.99; assets, $793,- 

 994.05. The net indebtedness June 1, 1900, was 

 $1,118,798.94; reduction of debt during the year, 

 $216,269.11. The revenue was from the following- 

 named sources: State tax, $425,000; railroad tax, 

 $148,772.28; insurance tax, $32,284.90; interest on 

 deposits, $3,840.77; license fees (fertilizers), $1,200; 

 telegraph tax, $3,540.40 ; telephone tax, $5,505.99 ; 

 charter fees, $450; fees (insurance department), 

 $12,204.10; Benjamin Thompson estate, income for 

 year ending Jan. 30, 1900, $22,551.84; fees (Secre- 

 tary of State), $4,729.65; fines and forfeitures, 

 $458.40; Spanish War (the United States in part), 

 $28,443.15; town liquor agents, $54.30; escheated 

 estates, $99.05; fines. National Guard, $9; sales 

 public property, $86.36; refund costs of prosecu- 

 tion, insurance department, $31.80; refund Amer- 

 ican K\pres> Company, overcharge, $2.20; total, 

 $689,264.19. 



The ordinary expenses, including salaries and 

 expenses whose payment is authorized by general 

 laws, were $277,912.90; extraordinary expenses, 

 s'.il.siiti.d.-,; interest, $100,186.13; total expenses, 

 $472,995.08. Excess of revenue over expenses, 

 $216,269.11. 



The disbursements by departments were: Ex- 

 ecutive, $5,363.90; Secretary, $6.814.31 ; Treasurer, 

 $5,322.80; Adjutant General, $2,672.75; Public In- 

 struction, $5,536.76; Insurance, $6,814.63: Supreme 

 Court, $31.607.66; Probate Court, $15,734.25; 

 State Library. $17,203.92: Statehouse. including 

 special appropriation for vaults. $12.566.27: Asy- 

 lum for the Insane, including special appropriation 

 of $25,000. $40.072.41; Fish Commissioners, $9,- 

 626.34; Railroad Commissioners, $8.389.14: Bank 

 Commissioners. $10.087.40: National Guard, $30,- 

 000; Industrial School, $15.400: State Prison. 

 $5,007.51 : College of Agriculture and the Me- 

 chanic Arts, $10,769.04; Normal School, $17,902.12; 



Board of Agriculture, $6,033.53; Board of Equal- 

 ization, $887.78; State Board of Health, $4,250; 

 Labor Bureau, $2,730.01 ; Forestry Commission, 

 $1,190.95; Commissioners of Lunacy, $16,964.77; 

 and Soldiers' Home, $10,902.28. 



The trust funds are now as follow: Fiske legacy, 

 $26,378.43; Kimball legacy, $6,753.49; Teachers' 

 Institute, $58,668.98; Agricultural College, $80.000; 

 unclaimed savings-bank deposits, $1,963.71; Ben- 

 jamin Thompson trust, $538,547.38; Benjamin 

 Thompson State trust, $37,459.07 ; Hamilton Smith 

 trust, $10,000; total, $759,771.06. 



The Treasurer says in his report: " The con- 

 dition of the treasury and the results accomplished 

 (hiring the year show a reduction of the State 

 debt by $216,269.11, and a cash balance sufficient 

 to meet all probable demands until the revenues 

 for the year become available." 



On June 21 the State received from the United 

 States, as the balance of its claim on account of 

 the Spanish War, $23,709.33, making a total re- 

 imbursement of $52,152.48 on claims amounting 

 to $53,901.83. 



Taxation. The railroad, telegraph, and tele- 

 phone taxation for 1900 was as follows: Railroad 

 tax, $382,855.34, against $358,878.22 for 1899; tele- 

 graph, $3,094, against $3,540.40; telephone. $5,- 

 910.90, against $5,661.64; total, $391,860.24, against 

 $368,083.26. 



The railroad tax is paid by the corporations to 

 the State Treasurer, and divided as follows: One 

 fourth part to towns through which the roads 

 pass, for right of way and buildings, proportioned 

 to expenditure for the same; the other three 

 fourths to each town in the State, such portion 

 thereof as the number of shares owned in said 

 town bears to the whole number of shares in the 

 corporation; and the rest of the three fourths 

 (nonresident) directly to the State. The telegraph 

 and telephone tax is paid to the State Treasurer 

 and not divided, but held by the State as part 

 of its revenue. The expense of the railroad com- 

 mission is met by a tax levied on the gross receipts 

 of the railroads. Its amount is $7,333.97, against 

 $7,430.19 for 1899. 



Corporations. The annual report of the Secre- 

 tary of State gives returns (as required by law) 

 from 274 incorporated companies doing businc 

 in this State insurance companies, railroad cor- 

 porations, banks, and loan and building associa- 

 tions not included showing an aggregate capital 

 paid in of $26,105,564.82, and assets aggregating 

 $31,572,670.98. A large number of corporation-,. 

 however, fail to comply with the provisions of t he 

 law, the penalty for noncompliance being that 

 " the treasurer and directors are individually liable 

 for all the debts and contracts of the corporation 

 then existing, or which shall be contracted, until 

 the return is made." Many successful corpora 

 tions prefer to take this risk rather than make 

 the details of their business public. 



Banks. There are under the supervision of the 

 bank commissioners 80 savings banks. ]-2 State 

 banks and trust companies, 10 of which have sav- 

 ings departments, and 18 building and loan asso- 

 ciations. Twenty -eight savings hanks and :> 1 111-1 

 companies are in liquidation. The coiiiinissioiici- 

 say: "Satisfactory progress has been made diirinv 

 the year in the process of liquidating most ot 

 these banks. Many of them ha\c during the yeui 

 declared dividends to the depositors, and. as shown 

 there are but few banks that arc in liquidation 

 which have not repaid to the depositors up t' 

 this time 70 per cent, of the deposit-." 



The following is a statement of the liabilities 

 and assets of the savings banks and savings de 

 partments of the trust companies that are in active 



