The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-06-11
CANAL REcgiPrs TO JUNE TIN.

By reducing the wheat to -four the quantity of tho
latter left at tide water this year. compared with the cor
responding period of last year. shows equal to
27307S barrels OF -four.
The increase this in the receipts Of to the
9TH inst about million of bushels. Beef pork
lard bacon ashes have fallen of in receipts compared
with last year. which attribute to the anxiety which
generally prevails get forward breadstus rapid
ly possible the exclusion of every thing else Our
channels for transportation equal to the guam
tty produce passing forward to market and have
doubt that every boat the Erie and other canals
Of this State and those Of the Western States will be
actively employed until arrested by the suspension Of
navigation in the winter. We feel the want very much
of extensive channels Of transportation and there
appears considerable comment In several Of the party
papers relative to the present capacity and enlargement
of the Erie Canal The two great political parties Of
the State appear to be much divided upon this ques
tion this they have been, and the
pacty Of the for doing the business offering is
strongly asserted by party it is disputed by the
other There is thing pretty certain, which is that
the canal will not be large enough In few years to
transport the products Of the Western country to the
sesboard the increased production continues 1t has
commenced within the past two years When the West
States become densey populated this and some
of the Eastern States and the soil Of these States be-
generally cultivated it will require
than Erie Canal Erie Railroad to transport their
products to market.
The corporate authorities of Nashville, Tennessee,
have passed providing for the taking Of the stock
In the Nashville and Chattanooga Railroad, to the
amount of five hundred thousand dollars This will
connect Nashville with the Atlantic via the railroads
from Charleston and Savannah, which terminates
Chattanooga The waters Of the Ohio river and the
Atlantic ocean will be connected by these lines.
The annexed statement exhibits tho amount of de-
posts and the number of depositors in the Lowell
Savings Bank according to the report for May, l847
LOWELL INSTITUTION FOR SAVINGS MAY, le47.
By amount received of 1901 depostors, per
By amount Of interest on loans and dividends
Stock less dividends and expenses paid. 20742 Ia
BY amount received Of Lowell Bank, by over
draft of account. ................... 1880 co
Total. 1871 ,s77 4s
The net amount of interest to May ls47 l66 O5
The amount OF the ssth dividend, payable
tnen, h.. 1901 W
Leaving surplus Of. ,5se As
Twenty two hundred and thirty-one accounts
have been opened within the last year. depositing with
the other depositors $355624 "a and 1910 accounts
have been closed withdrawing together with partial pay
ments accounts not closed $27372l Oh leaving In
of 62l in the number of the depostors and Of
$780, II, in the amount deposited. The continued
great increase of the number Of depositors the
that the institution s and more. extending its
benecent operations and salutary influence in its
proprate sphere of usefulness.
The surplus profits it will be perceived amount to
$25ss 45 the increase of this fund having been twelve
thousand hundred and forty dollars and twenty
four cents within the last year Setting aside the
Of TO- received during the year. account of the
suspended debt deducted from the profits of the five
years ending May ls45 the increase will be SlO697 H.
the net earnings since the Trcasurers re-
port; which is nearly twenty-five per cent than
those Of the year previous.
Ofthe amount on deposit $l32,66O were invested in
bank stocks; $l096 loaned to State of Massachusetts,
s25a,al5 bond and mortgage $4,000 to banks in
Massachusetts, s2l 900 bank stocks and the balance
to several towns and cities in Massachusetts
The receipts of the Harlem Railroad Company, since
the penng Of the road to Somes have been very large
with those for the corresponding period last
year
HARLEM RAILROAD.
1917 6733
Incre e in seven days In ls47. 80. 1873
This increase is equal to about thirty five per cent