« AnteriorContinuar »
The State owes the School Fund $36,346 07, and there is a State loan due and unpaid of $35,000, making a total indebtedness of $71,346 07. There is a contingent fund of $200,000, being the amount of stock owned by the State in the Camden and Amboy Railroad, and Delaware and Raritan Canal. The amount of the Free School Fund is $371,091 06, the increase last year being $1,161 25. There is due to said fund from insolvent banks $11,169 85. If the amount due the School fund were added to its present capital it would amount to $407,437 13.
A METHOD OF COMPUTING INTEREST.
A correspondent of the Baltimore Sun communicates the following simple plan for computing interest, at 6 per cent per annum, for any number of days, which he learned, he says, twelve years ago:
"Divide the number of days by 6, and multiply the dollars by the dividend, the result is the interest in decimals; cut off the right hand figure, and you have it in dollars and cents. Thus :-What is the interest on $100 for 21 days? Twenty-one divided by 6 is 3; 100 multiplied by 34 is 350, or 35 cents. Again-what is the interest on $378 for 98 days? Ninety-three divided by 6 is 154; 378 multiplied by 15 is 5,859, or $5 85 9-10. Let book-keepers try this rule, and they will find that it is no humbug."
COMMERCE AND NAVIGATION OF THE UNITED STATES.
In the Merchants' Magazine for May, 1852, (vol. xxvi., pages 619, etc.,) we published statements of the export and import trade of the United States with foreign countries. We now proceed to lay before our readers a variety of tables from the report of the Register of the Treasury, relating to the Navigation of the United States for the year ending June 30th, 1851 :
NAVIGATION OF THE UNITED STATES.
A STATISTICAL VIEW OF THE TONNAGE OF AMERICAN AND FOREIGN VESSELS ARRIVING FROM AND DEPARTING, DURING THE YEAR ENDING SOTH JUNE, 1851.
TONNAGE ENTFRED INTO THE UNITED STATES.
A STATEMENT OF AMERICAN AND FOREIGN TONNAGE ENTERED INTO EACH STATE AND TERRITORY FOR YEAR ENDING JUNE 30, 1851.
8,951 8,054,849 118,471 3,106 10,759 1,939,091 90,796 1,831 19,710 4,998,440 204,267 4,937
TONNAGE CLEARED FROM THE UNITED STATES.
A STATEMENT OF AMERICAN AND FOREIGN TONNAGE CLEARED FROM THE UNITED STATES YEAR ENDING JUNE 30, 1851.
9,274 3,200,519 113,640 3,427 10,712 1,929,535 89,659 1,929 19,986 5,130,054 203,299 5,356