On June 8, 1865, the total cash balances on hand amounted to $3,368,510.07. This was made up of $2,908,038.34 in Confederate notes, $445,074.37 in state paper, and $15,397.36 in specie. Only $362,548.11 of the Confederate notes were actually in the treasury, the remainder, $2,535,490.23, were old issues, and had been turned over to the Confederate States' depository to be exchanged for new issues. In addition to the above balance there was in the hands of the Military Board $129,975 in United States bonds and interest coupons. This latter and the specie were the only part of the balance that was of value.

The finances of the war period which secession inaugurated ends June 8. 1865. At this date the pen which traced the ledgers of the fiscal department of the state government stops off short, and until October 13, 1865, when the work of accounting is again resumed in a new handwriting, a gap of blank pages follows - mute witnesses of the end of a disastrous struggle and of the temporary dissolution of state government. Social disorder attended the break-up of the Confederacy and on the night of June 11, 1865, the state treasury was broken into and looted. There was little of value in it that was negotiable, so that the loss, except for something less than $5,000 in specie, was not serious.