The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1828-12-31
DELAwAnE AND HupsoY CAN.,

completed since July, 1926; and that this
great work has been accomplished plinci-
pally by the enterprise and perseverance OF
an individual company. As tho channel
for conveying coal to the navigable waters
OF the Hudson, this canal must be regarded
as an improvement of incalculabe impor-
lance to the public; if not of indispensable
necessity, IN supplying the exhaustion OF
fuel occasloned by the great increase OF
steam engines.
This canal is 30 to SO feet wide, upon the
water line, and has 4 feet depth of water.
The locks are 76 feet in length between
the gates, and 9 feet wide. The boats are
estimated TO carry 25 to 80 tons.
From the mouth of the Rondout, where
it connects with the Hudson, to Port Jervis,
near the Delaware river, is distance of
80 miles; on this section are so lift locks,
and one guard lock, of hammered stone.
laid chiefly in hydraulic cement. There
are also one aqueduct over the Neversnk
river 224 feet in length, upon stone piers
and abutmentS; one over the Rondout
entirely OF stone upon two arches, one of 90
and the other of so feet chord and 10 9th
ers of various dimensions, upon stone piers
and abutments, over lateral streams Is
stone abutments and wing walls.
Port Jervis is less than mile from Car
penter's point, formed by the junction OF
the Neversink and Delaware rivers, and at
which point, the States of New York and
New Jersey, corner upon Pennsylvania.
Port Jervs affords view of the territory
of three States, and also of the fertile val
ley of the Neversnk.
From this point, the line of the canal is
carried along on the east side of the Della
ware, to point opposite the mouth of the
Lackawaxen river. AT this place dam
has been erected across the Delaware, by
means of which the canal is fed, and boats
cross the river. From McCarty's point,
which is formed by the junction of the
Lackawaxen with the Delaware, the canal
follows up the valley of the Lackawaxen,
25 miles, to the forks of the Dyberry, at
which point the canal terminates, and where
thriving village is already established,
called Honesdale.
On the Delaware section of % miles,
there are ID wooden locks, and on the
Lackawaxen section, of 25 miles, are 81
locks of the same description. These locks
are secured by a substantial dry stone
wall, and SO constructed that the wooden
lining can be taken out and replaced, with
out disturbing the rest of the lock.
Honesdale, where the canal terminates,
is 10 miles distant from the coal region.
over this 10 miles, the coal is to he trans
ported upon railroad, which is already IN
great forwardness. The structure of the
railroad is of timber, with iron plates Sc
curely fastened to the timber rails with
screws. The plates are estimated to weigh
nearly 800 tons. The railway is to be
furnished with stationary and locomotive
steam engines. 1t is estimated that this
railroad and its appendages will transport
o4O tons per day, in one direction. 1t is
expected the railroad will be in operation
as early as June next.
The railroad terminates at Carbonate,
on the LackawaXen River, where several
hundred tons of coal have already been
quarried, and transported to the canal by
the teams employed in conveying materials
for the rail-road.--.Ne,V York paper.
BANKS. The New York Daily Advert
ser contains a statistical and comparative
view of the monied institutions of the cities
of New York, Philadelphia, and Boston ,
by which it appears that there are in New
York Is banks, whose collective capital is
SlS,330,000; 10 marine insurance Offices
whose aggregate capital amounts to 81, l00,-
goo; 81 fire companies, with capital o.
SIS, 100000; and other institutions, having
together capital of S2,373,750. The en-.
tire capital, is, therefore, in the city of New
York, $40,902,750 The whole amount o.
dividends declared during the year 1928 has
been S1,911, 023--the banks'having declared
81 OBS. 200; marine assurances, 1901, 500
fire companies, S467 900 and the other in
situations, $l03,323.
The amount of capital in Philadelphia i:
S15,972, 5C0-in 10 banks, 81 ,292, 500; il
9 marine insurance Offices, $3,280,000; anC
in 3 fire insurance companies, 100000
The banks have declared dividends to the
amount of S657,7S7 the marine insurance
companies, S22S,900; and the fire insurance
companies, $83,000-in the whole $969,6S7
Boston has a capital of S20,550000 -
$15,050,000 in hanks; 100000 in marine
insurance, and S4,600,000 in fire insurance
companies. The banks have made divi
dends of $S53,625; the marine insurance
companies Of $4,000, and the fire insurance
of S398, 4OO-making the entire dividends
for the city, $l,297 ,525.
The entire stock capital in the three
places is 81 ,426,250 and the whole amount
of dividends $4,178,23
The amount of paper discounted in New
York during the year, has been 1929, I2O,.
1856; in Philadelphia, $65,787,751 in Bos
ton, So, 1862, 996; in the three cities $780,.
PC, 943.-.New Hduen Chronicle.
CLINTON BANK. 1t is contemplated to
establish bank in New York, to be called
the Clinton bank, with capital of $4,000.
600, subject to a bonus of $4,000 to the
heirs Of the late De Witt Clinton, and a
like sum to the heirs of the late Robert Full
ton: The interest of which to he paid ia