New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-04-01
ON Thompson's Bank Note Reporter

The Agawam Bank, at Springfield. Mass. is pre-
pairing commence business under the charge Of c. w
Chaplin President. This is new institution, char.
tered recently by the Legislature.
We learn from the Cleveland Plain Dealer that
association Of individuals organizing banking in
sttuton. to be called the Canal Bank, at Cleveland
which is to be conducted the independent plan.
free system Some of the weelthcst citizens of Cleve
land are among it's stockholders.
Boats have been running ON the Ohio Canal, be-
tween Cleveland and Akron, for days. Navigation
however has been suspended repair the canals, but
will be resumed in full on the 10th inst.
The Bill for the Sale of the Michigan Central Rail.
road has passed both Houses he Michigan Legislature
As the bill stands. the compensation for carrying
the mall is be fixed by Commissioners appointed by
the Governor. The Detroit Daily Advertiser says:
The bill now goes the Governor, and ofhis approx
athcre is understood 10 be no doubt So far
ton concerned then the question OF sale s at length
settled The other party the proposed purchasers,
make their decision Their agent 1t is true has
been and cognzant OF the proceedings but the
original have been less departed FROM and
the effect suppose, cannot be certainly known until
they have been consulted. This may consume some
weeks"
The Select Committee of the House of Repre-
sentaves of Michigan have in preparation bill for the
sale of the Southern Railroad of that State and is
ueTaIooQ. now tudt Tue Nentrbl hHNOdu D uNpOeeu
that will be reported Immediately There TO be
no doubt of the passage of the bill by both Houses and
the ready approval OF the Governor.
The high fare system which was pursued on the
Western Railroad last is about be abandoned,
In part by the Direction. through train, for pas
encers only will be established at reduced rate of fare
about the 18th of April The Bostonans seemed highly
pleased with the new arrangement.
By resolution of the Board of Directors the
Erie Extension Canal is to be opened the ls day Of
April through its entire length, including the French
Creek Feeder We farther learn from the Erie Gazette
that the canal has fortunately suffered damage from
the heavy oodsthe whole line In excellent condi
on and from the note of preparation confident.
" assure the public that within the coming eight days
everything floating viii be for the Ohio River
The Pennsylvania Canal will be opened next
week. The Pittsburgh Gazette of The 9th says it is
ascertaned that the canal will be in naveablo order
in It's whole leagsh in about eht days. AL the breaks
be repaired In that time. This will be as
lines be got into regular order for business
that there will be delay worth speaking Of
The oswego Advertiser contains the following
intelligence concerning the opening of the Welland
Canal
WELLANp CANAL OFFICE.
st. Catharines, 10th March. 1916.
Su-by desire oil the master Of the brig Empire have
70 INFORM you tnst II Is the intention oil the engineers
weather peEmittngD TO have the canal open for psviga
lion abou, the lst OF April. The lengthenng of the
Dollhouse lock TO $50 feet will be completed this week.
and No. 2 is finished. remain, sir, Your obedent ser.
vant GEO PREscorr
The two locks referred to in the above letter complete
tho navigation between Lakes Erie and Ontario for YES.
sells OF $50 to 400 tons burthen.
The Woolen Mandatory recently established at
Richmond Va. has been examined infinitely BY Hon.
John We,hered. the distinguished manufacturer OF Bal
,tmoro. and learn from the Richmond Compiler that
be pronounced its entire plan, and the system which
us operations conducted admirable. Seventy nine
lsbo.egs employed in ii, and forty OF these fe
males Some Of the women from seventy to eighty
cents per day and all may much when they have
become more skul. The factory capable of turning
on, 5000 yards OF flannel per week. 46s COO yards
yearwhich would require abou, ls6 500 pounds of wool