NEW JERSEY. 



563 



par value of $288,700. This stock pays 10 per 

 cent, interest. The receipts during the last 

 year (excluding the items not to be count- 

 ed on in the future) amounted to $861,702, 

 and the ordinary disbursements were $1,051,- 

 901. "The receipts of the State/' says Gov. 

 Ludlow in his message to the Legislature of 

 1884, " should be increased to $1,000,000 per 

 annum. The sum derived from the taxation 

 of railroads should be at least $750,000; tax 

 on foreign insurance companies, $5,000 ; State- 

 Prison receipts, $75,000 ; interest and divi- 

 dends, $29,000; judicial fees, by an amend- 

 ment to the law which will meet the difficul- 

 ties shown in the Comptroller's report, should 

 produce $30,000 ; the item of official fees may 

 safely be put down at $18,000 ; assessments on 

 corporations, $25,000 ; a tax should be levied 

 on telegraph and express companies, which 

 now pay nothing, and would produce at least 

 $20,000; a small tax on corporations, other 

 than those already taxed as such, should be 

 levied, with the result of at least $100,000." 



The report of the Commissioners of the Sink- 

 ing Fund show that the assets of the fund are 

 as follow : 



Loans on mortgages $493,954 99 



Interest accrued thereon 11,454 54 



Decrees against real estate 27,529 92 



United States bonds (par value) 50,000 00 



New Jersey bonds (par value) 11,000 00 



School-district bonds (par value) 6,000 00 



Balance in bank 62,608 21 



Total $662547 66 



Eeal estate, costing 425,659 18 



Total $1,083,206 84 



By the supplementary report it is shown 

 that the fund will probably be exhausted by 

 1893, leaving $800,000 unprovided for. 



The investment in railroad property in this 

 State, as stated by the Commissioner of Railroad 

 Taxation, is $227,384,534. Almost the entire 

 amount is withdrawn from the ordinary assess- 

 ment rolls of the municipalities, and is taxed 

 under a special system, at one half of one per 

 cent, upon its true value, and the tax is paid 

 directly into the State treasury. The tax lev- 

 ied upon the railroads of this State the last 

 year was $677,557.76, or less than one third of 

 one per cent, upon the amcunt invested. Oth- 

 er property in the State is taxed at rates vary- 

 ing from one to three per cent. 



The commissioners have prepared a sched- 

 ule of the riparian lands of the State, and show 

 that, out of 4,452,750 lineal feet, the State has 

 disposed of but 500,703. The commissioners 

 attribute the ready sale of these lands to the rea- 

 sonable prices charged for them, ranging from 

 twenty cents per lineal foot, on unimproved 

 beaches, to fifty dollars on the Hudson river 

 and Bay of New York. 



State Institutions. The number of convicts in 

 the State Prison at the beginning of tbe year 

 was 798, and at its close 80437 females and 

 767 males. The receipts and expenditures of 

 the past year were as follow : 



Paid for maintenance $62,402 88 



Paid for repairs 4,500 72 



Paid for salaries of officers and inspectors 9,000 00 



Paid for salaries of deputies 66,209 64 



Paid for discharged convicts 1,800 00 



Total $188,478 19 



Earnings of prisoners 72,70688 



Net loss to the State $60,766 81 



Net loss previous year 61,163 27 



The number of inmates of the Reform 

 School for Boys has increased slightly over 

 that of last year, being 330 as againbt 322. 

 The law of 1882, providing for an appropriation 

 of not exceeding $100 a year for the mainte- 

 nance of each inmate, has worked well. Four 

 hours of each day are devoted to school and to 

 exercise, and the remainder to employment on 

 the farm, in the workshops, or at the brick- 

 yard. The boys earned, last year, $19,816.04, 

 nearly half the cost of maintenance. 



There were in the Industrial School for 

 Girls, at the close oflhe year, 27 inmates, of 

 whom twelve were received during the year. 

 The trustees claim, that of the 185 girls com- 

 mitted since 1871, over 100 have been reclaimed. 



The report of the officers of the Trenton 

 Asylum shows that the number of patients on 

 October 31st was 627, two less than the pre- 

 ceding year. The expense of maintaining the 

 institution during the past year was $156,281.- 

 31, of which $44,326.18 was received from the 

 State; $83,274.73 from the counties ; and $25,- 

 443.72 from private patients. The institution 

 owns 65 acres of farm-land, and rents 170 more. 



The Morristown Asylum reports 707 patients 

 at the close of the year, an increase of 40 since 

 the last report. The expense of maintaining 

 the institution was $196,624.96, of which $39,- 

 675.91 was received from the State ; $83,800.- 

 84 from the counties ; and $57,340.43 from 

 private patients. 



The number of the inmates of the Home for 

 Disabled Soldiers at the beginning of the year 

 was 389 ; there were 291 admitted during the 

 year, and 474 discharged. The total number 

 under care was 680. 



During the year, the organization of the 

 New Jersey Institution for the Deaf and Dumb 

 was completed and the building occupied. As 

 the law organizing the institution provided 

 that the course of instruction should be five 

 years, the admissions into the new institution 

 were limited to those pupils who had received 

 instruction for less than that time. They 

 numbered 66, which with 18 original admis- 

 sions makes the number in the institution 84. 

 It can comfortably accommodate 175 pupils. 



Edncation. There were raised and appropri- 

 ated for school purposes during the year the 

 following amounts : 



State school-tax : ^MJ $ 



State appropriation 100< 9.2 25 



Township school-tax 24,5*5 



Interest from surplus revenue "'X ,,, 



Local tax for teachers 1 salaries 274,560 89 



Total $1,807,849 80 



Local tax for school-houses _ 507,752 81 



Total $3,315,60-261 



