The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-12-15

The odasiai returns win net vary much from tAs %
the 'sstnstsd receipts were ony i0r short period
The brsaksgss In the Canal during the past
of navigation has reduced the aggregate receipts
from tolls many thousand dollars The revenue of the
State from the public works does not cease with the
close of navigation, the law authorizing the Railroad
companies along The lice Of The canal carry freight
requires the psyme;, of io.IS all produce trans
ported, the same "a though usnsp ted the
canal A very large Number Of esviiy loaded boats
were frozen in the canal by the sudden close Of nav
Cation and their cargoes will be without doubt brought
to market by railroad, and the river if long enough
navigsble, very great additional expense to the
owners and Of at increased cost in the
ket. The freightng business of the railroads through
this State during the winter months ID rincipsy local
At meeting OF the board Of directors Of the Bali
more and Ohio Railroad Company the president SUI nit
teda very elaborate exposition Of his in regard to
the contemplated extension OF the railroad to the West
and the different Joints be kept in view in regard
the terminus Of Ii road and particularly in relation to
the contemplated extension TO Pittsburgh To the expo
sition appended series of rssolutions which
adopted by the bos and the exposition and resolutions
ordered to be printed for the information Of the
stockholders.
The resolutions, lsarn are sub staoaliy, to the ef
feet that nesting Of the stockholders ia to bs called in
the month of February that tbs board Of directors
of 5000 900 the Pittsburgh and Connellsvie Railroad
to be expended that part Of the road between Pitts
burgh and Smih6eld (nesr the Maryland ine) provided
the Pittsburgh and Csnnellsvils Company will give
pledge that connection shall be formed with the road
without the consent of the Baltimore and Ohio Railroad
Company and further that the tolls the Pittsburgh
and Connellsvills road conform to those the
Baltimore and Ohio Railroad. The former company is
also to be required to show that their portion of
for completing the road to the Mary line will
be furnished may be wanted.
The sfsrs Of the Bsnk Of the State of Alabama and
branches are becoming rapidly lquidatsd The total
amount of collections at all the banks from November
1874 to November ls45. reported the session Of
1886, was 74i 6s-about $500 900 than
been collected by the commissioner from the time at
which they entered upon their dues-to LIST July last
period of FIVE months.
The chairman Of the ,mmi!tee Ways and Means in
his report at the session Of 1856 estimated the whole
amount of bank assets "of every description" to be
$l4 oaa Ia % of which he estimated $4,000 to
be available" The chairman Of the State Bank com.
mittes estimated 1.-THE good debt due the ba INKS
$4,000 00o Taking the latter fair estimate
of the amount the State will realize from the
and will be at glance that collections continue
to progress Is shown in the suhoined statement the
whole good available" assets Of the banks will be
absorbed by the session Of lsa7s The estimate OF
regarded far too high the result of the
abo's of the bank commissioners " i'll show the people
that three millions three millions and half will be
the extent of the "available" assets of the banks
The annexed statement exhibits the collected
from each class Of debts marked by the Legislature
| fromthe 4th of February to the LIST of July 1916.
BANK OF THE STATE OF ALABAMA-DvBrs CoLLrcrrp