REPORT.

The joint committee of the Senate and Assembly, appointed under the act entitled "An act relating to the examination of the Treasurer's accounts, and the Canal and Banking Departments," passed May 25th, 1841, report the following as the result of their examination of said departments.

Balance in the treasury on the thirtieth day of September, 1849, as certified by the committee appointed to examine the Treasurer's accounts for the fiscal year ending on that day,two millions one hundred and ninety-six thousand eight hundred sixty-two dollars and twentyfive cents,..... $2,196,862 25 Receipts into the treasury during the fiscal year ending September 30, 1850, six millions six hundred and one thousand nine hundred and fifty-five dollars and forty-eight cents,

Making an aggregate of eight millions seven hundred

and ninety-eight thousand eight hundred and sev

6,601,955 48

enteen dollars and seventy-three cents,........ $8,798,817 73

During the same period there was

paid from the treasury, upon warrants of the Comptroller, the sum of two millions four hundred and ninety-eight thousand one hundred and forty-seven dollars and sixty-two cents,.... And upon warrants of the Auditor of the Canal department, four millions nine hundred seventyfour thousand two hundred fifty

$2,498,147 62

teur dollars and forty-seven c'ts, 4,974,254 47

Making an aggregate of seven millions four hundred and seventy-two thousand four hundred and two dollars and nine cents,..

Leaving in the treasury at the close of the fiscal year, a balance of one million three hundred and twentysix thousand four hundred and fifteen dollars and sixty-four cents,

7,472,402 09

$1,326,415 64

Fund, and the

Of which $817,483.39 appertains to the Canal residue to the other funds of the State, and all of which was deposited to the credit of the Treasurer in the banks designated for that purpose.

The committee find authority for all the warrants drawn by the Comptroller upon the treasury during the fiscal year.

CANAL DEPARTMENT.

As required by the fifth section of the act aforesaid, the committee have examined the accounts of the Auditor, the Canal Commissioners, the superintendents of repairs, the collectors of tolls, and all other accounts kept in the Canal department, and

REPORT:

That in the opinion of the committee the receipts and disbursements have been made according to the provisions of law.

The annexed statement shows the condition of those accounts, together with the receipts and disbursements, on account of each and every canal and improvement respectively.

CONDITION OF THE ACCOUNTS.

There was a balance in sundry banks, on the 30th September, 1849, to the credit of the Treasurer on account of the Canal Fund, of..... $1,725,136 68 There was in the hands of the Auditor securities for

....

investments, on account of the Canal Fund, amounting to........

Making a total balance on hand of

Since that period there has been received on account

of the following funds, viz:

483,089 49

$2,208,226 17

Of the amount deposited and invested as above stated, there belongs to

The Sinking Fund for the redemption of the canal

BANKING DEPARTMENT.

As required by the second section of the act aforesaid the committee have examined the condition of the Banking Department, pursuant to the provisions of section 8 of the act entitled "An act to amend the act entitled, 'An act to authorize the business of banking," passed May, 14th 1840, and

REPORT:

That they have examined the securities deposited in the Comptroller's office by banking associations and individual bankers, together with the books and papers therein relating to the business of banking, from which they are enabled to report, the true state and condition of that department to the Legislature.

The whole number of banking associations and individual bankers organized and doing business under "The General Banking Law" is 136, viz:

Banking associations,...
Individual bankers,

....

71

65

136

The whole amount of circulating notes issued to said associations and individual bankers, outstanding on the 1st day of December, 1850, was $14,203,115. For the redemption of which, securities are deposited and held in trust by the Comptroller, amounting in the aggregate to the sum of $14,823,087.46, viz: