The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-10

Reading states that the damage sustained 80 NOT 49,
great at first supposed There u, Of oour,s
end TO s navigation this season; bat the DAMAGE
below Reading Is not greater than that above and
repairs reasonably com meneed, the whole nrs Of
canal be put in order In time for rssuming ,svi-
gstsn early In the spring The damage On the LsAish
Canal at hauch Chunk and bsov, 10 very great nsoh
greater than by the nrst frsshst and the probability
Of further this season will depend on The
policy in making the repairs whether they win b. hss
red and temporary occupy songsr time for the sAhs
OF more permanent security In future at the expense
Of the present shipping season. The dan and brdse
at mauch Chunk are gene. About twenty boats, some
with and others without cargoes passed the dam
and broken to pieces For SIX miles below Maueh
Chunk there bat two breaches In the canal but on
the level below. the embsnkment 10 washed away foe
halls mile In one place. Many wrecks Of boats and
broken timber left to twelve feet above ordi
nary water level The Beaver Meadow Railroad lie in
jured beyond the possibility Of repair this season.
The Union Canal has been but slightly damaged
In consequence Of the com petition which IL likely
to exist between the Central Southern lipss Of
railroads through this State, 1t 10 pretty generally
conceded that there must be . suitable sonnsstio.
with the central line, ut or near Albany Troy.
There Is bridge at Troy, which the rails arc
laid The distance Is increased TO 80 by way Of Troy
The true plan is for the Utica and Schsnsstady Rail.
road Company to extend . proper line Of railroad,
which may be- connected with the Hudson River Rail-
road. Such road may be made, without going over
the hills aud may terminate where . bridge can be
constructed The stockholders Of the Utios road will
smbarsss their road by union with the present
road from Schenectady to Albany. They improv-
ing the central line west OF syrscuse wherever oar
be improved and thus preparing for the sAarpss
competition With the lines north and south 1t 10
said that the present Albany and Schenectady Rail-
road Company, claiming Of the propretors Of the
central line, that their grades shall BE charge ON
the whole line, and that they shall be allowed for an
equivalent distance and that they modsstly demand
that their road shsl be considered a. twenty or
thirty miles long Travellers ind IL 80 In time and
delay; but We apprehend that the managers Of the
central line west Of Schenectady understand their
position too well to make such surrender. Thsir
stockholders would call them soon enough,
should they thus clog their present valuable line
The demand Of equivalent distance for their grades u
clear admission that better road may be made and
the central line and the Hudson River Railroad viii
doubtless adjust this matter right 1t Is entirely idle
to suppose that the present Albany and sohsnsetdy
road can continue for three years, part Of the
railroad line between Buffalo and New York.
The commercial year Of ls4o so closed on LIST Of
septembsr and the annual reports Of the movements
reach us The movements Of cotton In Mobile for the
year just closed, were a annexed
MOVEMENTS OF corros IN MomLE-YsAs BrDISs SET.
l. 1850.
Bales
Stock In warehouses and shipboard.. IL 9a2
ported to Great Britain ........ LEONE
Do 10 o,ssr foreign no,t. II S9S
Exportedto United ststes ports inelu ding II t01
bales from Montgomery to New 0rlesnA .18,s72
ssSsos.
Deduct stock hand LIST Sept Isls ........ 6ole
Total receipts for year just closed. -. $50 o62
being decrease Of 10000 from last season.
The foreign shipments, It will be seen, amount 70
2i%le< bales weighing les 2sa Sll pounds and valued
at Sl2 23o3o7 b The average weight Of the bales 10
sos pounds the value per bale, s67 TO- and the
value per pound llk cents The Mobile crop, accord
ing to this esim ate amounts In value TO 60
exceeding the value OF last years production S4el2
be6 though falling short In quantity l67,Tsl balss
The market opened in September ct on 10 cents peg
pound for mioslipg from which time forward there
we're but slight nuctuations but steady advance un-
Gil At the close Of August whom mddling cotton stood
at l2k cents per pound
According to report made to the Lsgislsture Of
Texas In January 1888 the public debs Of the ststs ct
that time was as annexed
PurLie DsBr OF rsrn-JAsuAsr, 1875
"a fitted drafts. ................... s3o7 3ss 20
If.s,ury notes. .................. a15s su 90
Eight per cent bonds. ............. 500 800 90
FUNDED debt. .................. 1.67bs00 90
Interest or Liabilities. ............. 253e al n
Cnhudited claims. CHARACTERIZATION. 1000 900 90
fetal dom stie debt, sWalxs al
The foreign debt stood thus
Due Bank Of tn. United
stst.s. including interest. q 100000 %
Clsimed by Jsner Bolford
&c. for steamer Zsvilla,
including Interest. -. 333o5l 20
Claimed by II Dawson. 90,
for naval vessels ipclud-
ing interest. .......... loT1oco 90
21<<oA %
Total debt. ..........,........si eli, adj Oh
The laws OF Texas authorised three loans The nrst
losn Of the 18th November, 1880, Of sS.oooooo on
pledge OF the public faith and the proceed, Of the