The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-15

road Company and connected with large lsndholder
la Suffolk county who II is said advocated bill before
the last Legislature designed to compel the company TO
expend $4,000 10 ploughing the land in that county,
ad acent the road.
be prudent for the stockholders not to part with
their proxies until there is concert of actisn among
the large stockholders designed for the advancement of
the true inei ests of the concern.
The annual report Of the Treasurer of the Common.
wealth of Massachusetts, exhibits the finances of the
State in very favorable light.
The actual revenue of the year over $4,000 more
than the ordinary expendur es; and there remains
balance of cash hand of ss6ss 81 after having paid
the balance of money borrowed in 1885, which was due
in January 1876 $50 $780, together tn the note to
the Phenx Bank Of s6ooo and the remainder of the Ave
per cent debt OF 1884, amounting to $37 lac
The Commonwealth appears to be out of debt
except on account Of ts subscription to the Western
railroad of $ooOoO0 due in 1857 and its loans to various
railroad corporations, of about 81, 900 600
The STOCK in the Western road is worth nearly or quite
par and has just paid dividend OF $50 O0O The loans
to the different corporations all amply secured and
the interest due from them is promptly paid
The Massachusetts School Fund now amounts 10
and has increased SIT 900 during the past two
years. and has also been drawn upon for $4,000 wear
more for various educational purposes at the same time
The Western Railroad Stock Sinking Fund has in
creased over $4,000 in two years. and amounts to
nearly 100000.
The Western Railroad Loan Sinking Fund is now about
$3.50 OOO and rapidly growing This fund 10 for the
redemption Of the loan of 81 900 made to the Yves.
ern Railroad Corporation.
The annual interest on the invested portion of the
School Fund amounts to about o0o and is distributed
among the cities and towns of the eath for
support OF common schools. Over $3.50 900 has been
paid out for this purpose since the fund was first estab
lshsd in 1884.
The Treasurer also states that during the last sixteen
"a has been paid OUT or set aside for
various Charitable and scientific objects not directly
connected with the administration of the government;
and that during that time there has been only $3.50 900
collected by State tax viz Of $75 OO0 laid in 1914
and one of like amount in 1916
He also expresses opinion that there will be no fur
Their necessity for taxation the revenue appears to be
on the increase, and the expenses rather growing less
than otherwise
The collector Of tolls the Miami and Erie Cana,
states that the acting commissioner has given directions
TO the superntendens south of Dayton to provide ice
boats and to keep the navigation open long as possible
by breaking the ice as fast az II accumulstss
The business this canal the past season ha been
considerably greater than that Of the year previous
Notwithstanding the disadvantages to which was sub
1ected by breaches and the competition of several
routes We likewise understand that the board of ruh
lie works have It in contemplation to mako f,rh.r -
ducon Of tolls for the seasons operations ana %
make some improvements to the canal for thu
business, with view to increasing still further the
amount OF transportation this great horourhfare
the commerce of the west.
The following table shows the wheat, -four and oth.r
produce, received at Rochester from the Tonawands
Railroad, in tho year 1885, and for each month in the
wear