THE STATE BOARD OF AGRICULTURE,
By its President and Secretary, has made a report of its financial transactions during the fiscal year. It shows receipts, including special appropriation from the State Treasury, $36,765.69; expenditures, $21,833.43, leaving a balance of 14,932.26 unexpended. The Board has canceled $1,050 of its guaranty bonds. Otherwise it condition is unchanged. Its property consists of the Fair Ground and its improvements, mortgaged to secure its bonded debt. The bonds, amounting to $60,000, were due on that first day of the present motnh. The . last installment of the State's appropriation, namely, $2,400 was adequate to the payment of the semiannual interest coupons. The Board earnestly appeals to you to purchase the mortgaged property.
The Board has used $364.64 to pay expenses of putting the cabinet and museum of the Geological Department in a proper condition for transferring to the curator of the Department now provided by law, and has in its Treasury $2,599 belonging to the fund provided for that purpose.
