City Officers and the Annual Reports to the City Council of Newburyport 1906, Part 2

Author: City of Newburyport
Publication date: 1906
Publisher:
Number of Pages: 314


USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1906 > Part 2


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Appropriation.


$2,200 00


Income


1,371 50


Making a total amount.


3,571 60


Expenditures


4,635 97


Overdraft.


$1,064 47


PUBLIC LIBRARY


The public library, with the reading room, is a branch of our public service which is highly prized by both old


22


ANNUAL REPORTS


and young. It is under wise and conservative manage- ment, and stands among institutions of its kind as one of the best.


Permit me at this time to call your attention to the good work being done at the South End reading room, which was started early in the year by some of our gener- ous and public spirited people, making it a great help to that part of our city.


LIGHTING STREETS AND PUBLIC BUILDINGS


The appropriation for this department was. $13,800 CO


Expenditures. 14,384 65


Overdraft. $ 584 65


It would seem that the expenditures for maintaining this department are excessive, and I hope we can make a reduction of the expense of this department.


BRIDGES AND CULVERTS


The appropriation for the year was. $ 1,750 00


Income from sale of bridge bonds. 66,147 73


Making a total amount 67,897 73


Expenditures 69,056 75


Overdrawn.


$ 1,159 02


Of the above expenditures, $66, 147.73 was paid as New- buryport's share of the cost of the Newburyport bridge across the Merrimac river. Nearly all the balance was the cost of maintaining the same. I would recommend that we petition the legislature, asking that the entire cost of maintaining this bridge be assumed by the county, thus relieving us from this heavy burden.


23


MAYOR'S ADDRESS


WATER DEPARTMENT


This department is managed by a board of commis- sioners. The water of any city is of vast importance, and great care should be exercised to maintain the purity of the water and a sufficient supply. The experience of the past two summers has taught us that the supply of water must be increased, and stored, either in a dam constructed at Jackman's ravine to hold back the water, or a large covered reservoir or basin. A further expense will be necessary in the sinking of wells and new street mains, etc., but in order to do this permission must be obtained from the legislature to increase the bonded indebtedness of the city for use of the water commissioners. We all know the water commissioners are well qualified to handle this question, with the experience they have had in the past coupled with their good judgment and business ability.


GYPSY MOTHS


There are now about seven thousand trees in our city, mostly on private lands, and they are in good condition owing to the persistent warfare waged against these pests by our efficient tree warden and his assistants. We have already expended $2, 192.21, and are required by Professor Kirkland, the superintendent of gypsy moth work, to ex- pend the larger sum of $5,000 during the coming year. This moth problem is one which is attracting great atten- tion in the city, state, and nation. Our representatives in the legislature, backed by the city government, should urge the enactment of effective and just measures of legis- lation. The burden ought not to be placed on municipal- ities or land owners. To suffer the ravages of these pests is burden enough without having added thereto any un- just tax. The state should bear its full share of the ex- pense, thus protecting itself and the non-infested districts.


24


ANNUAL REPORTS


INDUSTRIAL IMPROVEMENTS


The prosperity of a community can only be judged by its activity in trade. While the investments in manufac- turing industries in our city are gaining, and the mer- chants and manufacturers are showing greater activity, so should we, as representatives of the people, strive to keep pace with this advancement and provide in a judicious way for the future. I would respectfully urge the. joint standing committee on commercial interests to further consider our industries and trade, so that we can all have a feeling of pride in having a share in some measure in the improvement of our city.


OTHER DEPARTMENTS


These departments are in good condition, and there has been an earnest effort during the past year on the part of the officials to keep their expenses within the appropria- tions. For this they should be commended, and the city council should do all in its power to assist them.


Nobody is more conscious than I am of the fact that some ears grow weary of the constant need of economy. It would be a great deal easier and pleasanter to say : "Let it go ; what do I care ?" But there are many in this com- munity who are obliged to practice saving literally every cent ; to them each additional dollar of taxation is a serious question. They cannot turn it down lightly, as perhaps each of us can do. To us it is not a difficult matter to pay taxes. But consider the small householder, who is carry- ing, it may be, a heavy mortgage on that home, who is trying to care for and educate a large family, who works for a day's pay and who has no work in the winter. These are the men whom we ought to keep thoughtfully in mind. The small householder has always been regarded by stu- dents of social conditions as a most desirable factor in the


25


MAYOR'S ADDRESS


community ; his class ought to be increased. He must not be taxed out of existence. Let us not use our efforts in behalf of the individual or individuals, but rather on every question consider the whole people. If we do this I am sure our record for 1906 will be one that we can look back upon with satisfaction, and on which the citizens will pass the judgment, "Well done."


CONCLUSION


I commend to you the action of the past city govern- ment for their faithful efforts in the line of economy and their earnest desire to solve the various financial problems. A still more difficult task awaits you. Permit me to sug- gest that you may be sorely tempted to break away from your good resolutions by some apparent inconsistencies or by losing some personal advantage, but he who can sink his own personal ambition for the good of all is the true friend of the people. Such sacrifices are seldom made in vain.


Finally, let us so conduct the affairs of this city that we may, at the close of our term of office, transfer to our suc- cessors the trust confided to our care, conscious of a work well and faithfully performed.


FIFTY-SIXTH ANNUAL REPORT OF THE CITY AUDITOR


CITY OF NEWBURYPORT, Auditor's Office, December 15, 1906.


To the Committee on Finance :


GENTLEMEN : In conformity with the requirements of the city ordinances, I herewith submit the fifty-sixth an- nual report of the receipts and expenditures of the city of Newburyport, for the financial year ending December 15, 1906, together with a statement of the city debts and debts due the city, and a schedule of the real and personal prop- erty belonging to the city.


I audited the books of the city treasurer and found them correct and vouched. Some of the vouchers have not been approved by the proper committee; while the treasurer has the proper order for payment. The city or- dinance establishing a system of accountability in the ex- penditures of the city as I understand its meaning, has not been followed.


I examined all securities belonging to the city, in pos- session of the city treasurer, including the sinking fund investments and trust funds of the Newburyport public library, and found the same properly accounted for. They are in deposit boxes in the Newburyport Five Cents Sav- ings Bank.


I verified the accounts of the collector of taxes, includ- ing the amount committed to him by the assessors, the abatements made by them during the year, and the amount collected.


27


CITY AUDITOR


I audited the books of the treasurer of the board of water commissioners for the year ending November 30, 1906, and found the same correct and properly vouched.


I examined the cash account, kept by the city clerk, of all moneys received by him as fees or otherwise (except dog licenses) during the year ending December 15, 1906, and found the amount to be $484.45. Of this amount the sum of $484.45 has been paid the city treasurer and a re- ceipt taken therefor.


I examined the cash account kept by the city messen- ger, as agent for rental of city hall, of all moneys received by him during the year ending December 15, 1906, and found the amount to be $1520, all of which has been paid the city treasurer and a receipt taken therefor.


I examined the cash account kept by the sealer of weights and measures, of all moneys received by him dur- ing the year ending December 15, 1906, and found the amount to be $113,34, all of which has been paid the city treasurer and a receipt taken therefor, but was not paid until books were closed.


I examined the books of the clerk of the overseers of the poor, and found that the bills as approved correspond with the payments made by the city treasurer.


I examined all bills passed by the committee on ac- counts, as presented weekly and monthly, and found the same correctly cast and accurately placed upon the books.


The books of the city treasurer show a decrease of the city debt, during the year ending December 15, 1906, of $41,231.68. The overdraft for the year 1906 is $17,001.83.


Very respectfully,


WILLIAM BALCH, City Auditor.


28


ANNUAL REPORTS


RECEIPTS AND EXPENDITURES


Receipts and expenditures, arranged by departments, for the year ending December 15, 1906. Cash on hand, balance at close of year 1905, $26,580.41.


Income from Collections


Payments of Year


TAXES


Real Estate, personal and poll taxes


$207,845 20


$


From the state:


Corporation tax


11,31I 25


58 03


National bank tax.


5,965 54


4,137 35


Military aid ..


232 00


584 00


Street railway tax


2,674 72


Soldiers' relief.


23 00


6,053 87


State aid.


11,852 00


11,503 00


Soldiers' burial


245 00


258 75


County tax


12,348 34


State tax


12,470 78


LICENSES


Business


142 50


Dog


531 49


Liquor


25,257 00


6,951 41


Marriage.


35 50


Pawfibrokers.


100 00


PUBLIC CELEBRATIONS


Memorial day


250 00


PUBLIC MUNICIPAL DEPARTMENTS


Mayor's office .


1,265 30


Aldermen and Council


22 25


1,492 92


City clerk's department


56 25


1,738 39


Law department.


100 00


1,300 00


City auditor's department.


400 90


Treasurer and collector's department


2,574 II


City messenger's department.


900 00


City assessors' department.


1,687 25


Harbor master's department.


100 00


City hall. .


1,526 00


3,122 46


All other city property .


10 16


679 96


Elections .


1,559 51


Public landings, clocks, etc.


104 52


Investigation-Felker and poor department


2,246 46


PUBLIC MUNICIPAL EDUCATION


Text books sold


89 76


Tuition


499 20


Putnam trustees.


1,200 00


Brown fund.


675 00


Rent of high school hall


2 00


Supervision


1,320 00


29


CITY AUDITOR


Income from


Payments of Year


Teachers' salaries


$ 31,868 24


Janitors' salaries.


3,084 63


Supplies


3,818 81


Fuel.


2,909 23


Lighting


155 00


Repairs.


1,808 98


PUBLIC LIBRARY


Fines collected, income from trust funds


1,230 46


Use of library 150 00


Sale of papers.


2 00


Supervision and salaries


3,433 38


Books and papers ..


565 62


Miscellaneous payments.


164 31


PUBLIC RECREATION


Sale of bath house and barrels


40 20


Supervision and labor in parks


1,047 75


Bartlett memorial.


500 39


City fountains.


26 30


PUBLIC MUNICIPAL SAFETY


Police department :


Fines


1,587 50


Supervision


1,300 00


Salaries.


12,338 48


Lighting


356 08


Repairs ..


34 10


Miscellaneous payments.,


519 97


Fire department :


Miscellaneous receipts


36 08


Supervision .


300 00


Salaries


6,668 00


Lighting


498 88


Repairs .


966 80


Miscellaneous payments.


3,350 51


Fire alarm - supervision and labor


801 II


MISCELLANEOUS


Rent of court room


250 00


PUBLIC HEALTH AND SANITATION


Expense of sewer connections, refunded.


1,620 35


Plumbing licenses ..


10 50


Supervision of labor


632 89


Inspection sealer of weights and measures Inspection of plumbing.


273 00


Inspection of provisions.


500 00


Miscellaneous payments.


543 34


Removal of garbage, ashes and rubbish. Sewers and sewerage disposal.


1,771 18


2,401 36


PUBLIC CHARITIES AND CORRECTIONS


300 00


Refunds from other cities and towns. 2,983 92


Collections


30


ANNUAL REPORTS


Income from


Payments of Year


City farm


Supervision and clerk's salary.


Expenses at city farm.


4,406 59


Assisting outside poor.


8,518 79


Hospital (Anna Jaques)


600 00


Insane, board at asylum


555 27


PUBLIC HIGHWAYS AND BRIDGES


Sale of materials. 248 43


Refund on bridge, 60 per cent, from county.


1,144 24


Refund on sidewalks and curbing.


469 50


Sale of shovel and plank, rent of land.


6 85


Street watering.


5,786 03


7,298 00


Tree protection


588 00


5,107 34


Supervision of streets


1,300 00


Street repairing.


4,000 00


Street macadam


3.500 00


Street lighting .


13,481 00


Sidewalks and curbings Snow removal.


1,154 26


Rent of sheds.


110 00


Bridges and repairs.


4,152 27


Salaries of drivers, miscellaneous payments CEMETERIES


10,315 43


Sale of lots.


208 00


Supervision and labor


250 00


Improvements


18 94


INTEREST


Interest on deposit.


1,817 92


Interest on taxes


3,593 96


Interest from water commissioners.


5,377 50


Interest on loans


7,743 48


Interest on bonds.


27,042 50


INDEBTEDNESS


Loans in anticipation of taxes


198,475 00


206,475 00


Bonds matured, water ..


12,000 00


Bonds matured, bridge


6,000 00


Sinking fund commissioners


18.800 00


Sinking fund for ward six engine house


4,000 00


TRUST FUNDS


From Bromfield fund.


400 00


UNCLASSIFIED


Bondsman of J. V. Felker


2,000 00


Sale of securities of J. V. Felker


1,388 28


J. V. Felker, cash short


6,800 00


$526,739 38


516,118 90


Cash on hand December 15, 1906


10,620 48


$526,739 38


Collections


$ 348 43 $ 1,570 00


2,875 28


-


CITY AUDITOR 31


LEDGER BALANCES DECEMBER 15, 1906 DR.


First National bank (special deposit for ward six en- gine house).


$ 4,000 00


Cash ..


182 17


First National bank, Newburyport.


5,880 96


First National bank, Boston ..


4,557 35


State of Massachusetts, state aid ..


10,503 50


State of Massachusetts, military aid.


270 CO


State of Massachusetts, burial account.


258 75


Sinking fund commissioners.


202,873 81


City of Newburyport.


819,041 85


Tax of 1903


2,086 17


Tax of 1904


2,931 70


Tax of 1905


25,561 50


Tax of 1906


57,930 61


Betterments


2,756 99


Watering streets 1904.


7 21


Watering streets 1905.


463 12


Watering streets 1906.


1,243 90


Incidentals ..


17,COI 83


Bartlett memorial.


39


J. V. Felker embezzlement account.


5,4II 72


Making a total of.


$1,162,963 53


CR.


Notes payable.


$ 128,225 00


City bonds.


825,000 co


Sinking fund for ward six engine house.


4,000 00


Bromfield fund.


640 89


Sinking funds.


202,873 81


Sewer construction.


223 83


J. V. Felker account.


2,000 00


Making a total of


$1,162,963 53


CITY DEBT AND ASSETS


DECEMBER 15, 1906


City bonds (general loan), 4 per cent, due 1908. $ 65,000 00


City bonds ( new school house loan of 1900), 372 per cent due 1910. ..


27,500 00


City bonds (general loan), 4 per cent, due 1911 .


90,000 00


City bonds (general loan), 4 per cent, due 1913. 25,000 00


City bonds (sewerage loan), 4 per cent, due 1919. 167,500 00


City bonds (high school loan), 372 per cent, due 1922. 35,000 00


32


ANNUAL REPORTS


City bonds (high school loan), 372 per cent, due 1923. . $ 50,000 00


City bonds (sewerage loan ), 372 per cent, due 1931. .. 46,000 00


City bonds, (water loan), 372 per cent, due 1906 to 1934 (serial). 319,000 00 City bonds (bridge loan), 37/2 per cent, due 1906 to 1915 (serial). 60,000 00 Notes payable (committee on Sawyer fund), 472 per cent, due on demand, trust fund. 5,000 00 Notes payable (committee on Brown fund), 472 per cent, due on demand, trust fund. . 15,000 00


Notes payable (committee on Frothingham fund), 4 per cent, due on demand, trust fund. 1,000 00


Notes payable ( committee on Green fund), 4 per cent, due on demand, trust fund. 2,000 00


Notes payable (committee on Toppan fund), 4 per cent, due on demand, trust fund. . 250 00


Notes payable (committee on A. Williams fund), 4 per cent, due on demand, trust fund.


1,000 00


Notes payable (committee on Todd fund), 4 per cent, due on demand, trust fund ..


10,000 00


Notes payable (trustees of Margaret Atwood fund) 412 per cent, due on demand, trust fund .. 10,500 00


Notes payable (committee on William O. Moseley fund), 4 per cent, due on demand, trust fund .. 10,000 00


Notes payable (trustees of Simpson fund), 472 per cent, due on demand, trust fund. 20,000 00


Notes payable (trustees of Follansbee fund), 4 per cent, payable on demand, trust fund. 3,000 00


Notes payable (overseers of the poor), 472 per cent, due on demand, Dexter fund .. 2,000 00


Notes payable (temporary loan), 372 and 334 per cent, due 1905 .


56,475 00


Gross city debt, December 15, 1906. $953,225 00


ASSETS


Taxes of 1903


$ 2,086 17


Taxes of 1904


2,931 70


Taxes of 1905


25,561 50


Taxes of 1906.


57,930 61


Betterments.


2,756 99


Watering streets 1904


7 21


Watering streets 1905.


463 12


Watering streets 1906.


1,243 90


State of Massachusetts, state aid ..


10,503 50


State of Massachusetts, military aid.


270 00


State of Massachusetts, burial account.


258 75


Sinking funds. 202,873 81


Bartlett memorial


39


Deposited in First National bank, Newburyport.


5,880 96


Deposited in First National bank, Boston


4,557 35


33


CITY AUDITOR


Deposited in safe in treasurer's office. $ 182 17


J. V. Felker embezzlement account. 5,4II 72


Making a total of. $322,919 85


Total net debt, December 15, 1906.


$630,305 15


SINKING FUNDS


DECEMBER 16, 1906


Total amount of funds December 16, 1906. $177.878 35


Appropriation for the year 1906. 18,800 00


Income from investments during the year 1906. 6,593 91


203,272 26


Paid accrued interest on bonds purchased during the year 1906.


398 45


Total amount of funds December 15, 1906. $202,873 81


SUMMARY OF INVESTMENTS


City of Newburyport 4 per cent sewer bonds. $ 20,000 00


City of Newburyport 372 per cent school bonds. 27,500 00


City of Newburyport 372 per cent sewer bonds .. 20,000 00


City of Newburyport 4 per cent refunding bonds. 57,000 00


City of Newburyport 372 per cent bridge bonds. 10,000 00


City of Newburyport 372 per cent high school bonds. 17,000 00


City of Newburyport 372 per cent water bonds.


24,000 00


City of Quincy 4 per cent water bonds. 500 00


Deposit Five Cents Savings bank, city 1,566 61


Deposit First National bank, city. 25,307 20


$202,873 81


STATISTICS OF TAXATION


Value of buildings Value of land.


$ 5,159,900 00 2,349,900 00


Total value of real estate.


7,601,000 00


Total value of personal estate.


3,254,200 00


Value of resident bank shares .. 304,421 00


Total value of assessed estate, May 1, 1906.


11,159,621 00


Value of supplementary assessments, viz :


Real and personal.


72,000 00


Total value of assessed estate, December 15, 1906


$11,231,621 00


34


ANNUAL REPORTS


Rate of taxation $18.20 per $1,000 raised as follows, viz :


Real estate ..


$138,338 20


Personal estate.


59,226 44


Bank stock


5,540 46


Polls, 4374 at $2.00 each.


8,748 00


Supplementary assessments, including 88 polls at $2.00 each .


1,862 70


Making a total of.


$213,715 80


Divided as follows, viz :


City tax ..


$182,402 82


County tax


12,348 34


State tax.


12,470 78


Supplementary assessments ..


1,862 70


Overlay.


4,631 16


Making a total of.


$213,715 80


SCHEDULE OF CITY PROPERTY-REAL AND PERSONAL


DECEMBER 15, 1906


City hall building and land, Pleasant street, brick


$ 50,000 00


Police station, court house, engine house, and land, Mar- ket square, brick.


20,000 00


City farm buildings and 30 acres of land, North Atkinson street, brick.


40,000 00


Ward room, Congress street, wood.


400 00


Library building and land, State street, brick.


25,000 00


Ward room and land, Ashland street, wood.


400 00


Hearse house, gun house and pounds, Pond street, wood. Right of ferry-way.


200 00


100 00


Old Hill burial ground.


1,000 00


New Hill burial ground


1,000 00


Pest house, wood.


100 00


Ward room, Purchase street, wood.


200 00


Total


$138,400 00


SCHOOL HOUSES


High school house and land, High street, brick. $ 85,000 00


Johnson school house and land, Hancock street, brick. 5,000 00


Bromfield street school house and land, brick. 7,000 00


Jackman school house and land, School street, brick. 28,500 00


Temple street school house and land, brick 3,500 00


Kelley school house and land, High street, brick. 35,000 00


Davenport school house and land, Congress street, brick Storey avenue school house and land, brick


6,000 00


3,000 00


35


CITY AUDITOR


Forester street school house and land, brick


$ 8,000 00


Purchase street school house and land, wood. 3,000 00


Curtis school house and land, Ashland street, wood.


10,000 00


Moultonville school house and land, wood. 1,500 00


Monroe street school house and land, wood. 800 00


Total


$196,300 00


ENGINE HOUSES


Engine house and land on Federal street, brick.


$ 5,000 00


Engine house and land on Purchase street, brick


2,500 00


Engine house and land on Congress street, brick


5,000 00


Engine house and land on Merrimac street, brick


1,000 00


Total


$13,500 00


LANDS


Washington park; High, Pond and Greenleaf streets .. ..


$12,000 00


Cushing park; Washington, Kent, Congress and Buck streets


9,000 00


Atkinson common ; High street.


3,500 00


Land; High street and Storey avenue.


50 00


Triangular lot; Three Roads.


200 00


Coffin lot ; Hill street


1,200 00


Powder house lot ; Low street ..


1,200 00


Pasture ; Crow lane.


700 00


Gravel pit ; Coffin's court.


300 00


Gravel pit ; Greenleaf street


1,500 00


Gravel pit ; North Atkinson street


800 00


Kent street landing.


1,500 00


Green street landing.


2,000 00


Winter street landing


400 00


Jefferson street landing.


300 00


Bromfield street landing


300 00


Goodwin landing.


150 00


Gas house landing.


50 00


Pettingell landing.


50 00


Marlboro street landing.


100 00


Janvrin landing.


1,059 00


Coombs landing.


100 00


Total.


$36,459 00


PERSONAL PROPERTY


Furniture in city hall building, engine houses, police sta- tion and court room.


$ 6,000 00


Movable property in school houses, consisting of desks and chairs for pupils, books and miscellaneous sup- plies, viz : Johnson school. $ 450 00


Bromfield street school


546 00


36


ANNUAL REPORTS


Purchase street school


$ 60 00


Jackman school ..


632 00


Temple street school, 138 00


Kelly school. 1,192 00


Congress street school 311 00


Congress street ward room


66 00


Forester street school.


610 00


Ashland street school in temporary quarters.


142 00


Ashland street ward room.


38 00


Moultonville school.


149 00


High school


1,550 00


Committee room, city hall.


500 00


Three second-class Amoskeag steamers, one Nott steamer, five hose wagons, one supply wagon, two hose reels, two hook and ladder trucks, 9,000 feet leading hose, 60 feet suction hose (272-inch), three siamese coup- lings, seven hand extinguishers, four double har- nesses, six single harnesses, and small supplies. In care of the chief engineer of the fire department.


One ten-ton road roller, one road machine, nine horses, three double carts, three single carts, three double sleighs, three single sleighs, one stone jigger, three double harnesses, three single harnesses, three single sleigh harnesses, nine horse blankets, nine canvas coverings, one hokey-pokey cart, two road plows, four gravel screens, four snow plows, one single horse shovel, one iron paving widder block, six wooden paving widders, two spirit levels, four wooden signs for road roller, eight iron signs for road roller, two tool boxes, four wooden horses, eighteen pick- axes, six hoes, twelve scoop shovels, six grubs, two paving hammers, twelve water pails, one water can, two kerosene oil cans, four wheel-barrows, thirteen steel bars, four tamping bars, twelve chains, one brush cutter, two pendants for snow plows, two rakes, twelve lanterns, four stone chisels, six brush brooms, four stone hammers, two mauls, two sledges, stable implements. In care of the surveyor of highways ....


Furniture in almshouse; other property in or about city farm buildings, viz : five cows, thirteen swine, three horses, one mowing machine, one horse rake, one hay tedder, two sets hay forks and blocks, two express wagons, two dump carts, one hay wagon, one light wagon, two sets double harnesses, three sets single harnesses, two plows, two cultivators, one four-ton eight-by-fourteen wagon scale, and other tools and appurtenances usually found on a farm. In care of the superintendent of the city farm


25,000 00


4,287 65


3,027 00


Plains school. 100 00


$ 6,484 00


37


CITY AUDITOR


Standard weights and measures $ 300 00


Fire alarm. 5,000 00


Making a total of


$50,098 95


RECAPITULATION


Real estate.


$138,400 00


School houses


196,300 00


Engine houses.


13,500 00


Lands ..


36,459 00


Personal property


50,098 65


Total


$434,757 65


TREASURER'S REPORT OF THE SINKING FUND COMMISSIONERS


CITY OF NEWBURYPORT, Treasurer's Office, December 15, 1906.


To the Committee on Finance :


GENTLEMEN : I herewith submit a report of the con- dition of the sinking funds at this date, it being the close of the financial year. Total funds, $202,873.87 ; divided as follows :


SINKING FUND-SEWERAGE LOAN Loan, $107,500 ; due September 1, 1919


Total funds, December 16, 1905 $40,530 00


City appropriation for 1906. . . 2,350 00


Interest on investments in 1906. 1,578 00


$44,458 00


INVESTMENTS


Newburyport 4 per cent sewer bonds. $20,000 00


Quincy 4 per cent water bonds .. 500 CO


Newburyport 372 per cent school bonds.


2,500 CO


Newburyport 372 per cent sewer bonds 3,000 00


Newburyport 372 per cent high school bonds. . 3,000 00




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