The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-07-30
Making @ total Of. .

Or saw very nearly $2000O00 for seventeen miles Of
road. having the Troy and Schenectady Railroad to
,rrete with on the side, and the probability Of
ane from Schenectady and Catskl on the other.
The York Manufacturing Company have declared
semi annual dividend Of three per cent. This Com
pany was organised in 1881 They drive 1900 spin
dles and manufacture heavy white and oolored goods
They consume annually, $4,000 worth OF indss,
6S 600 pounds Of copperss and sixty tons OF starch
Their diving establishment is said to be one OF the
most valuable In the United States A new invention
has been applied to one OF the looms, which will pro-
bably be brought into general BY this company.
We are informed that, by the invention, the yarn is
fed faster and regularly, and nom sixty to eighty
yards are finished by this loom in day, being nearly
double the quantity made by the looms now used
The Las.sia Manufacturing Company have declared
no dividend but have carried to Its credit the two per
cent. earned during the past six months This Com
pany manufacture heavy white goods only, principally
drillings and jeans They have 11l2 looms, but are
working, at present, only $50, having reduced the
number of yards manufse tured annually from 100000
to 100000 account Of the present high prices OF
the raw material. The Pepperell Manufacturing Com
pany have created two mills at Bddeford, Maine,
with 10000 spindes, and will commence operations
this fall The high price Of the raw material has
checked the operations of most OF the Eastern manu-
fcturers bat have not heard Jet Of the hrst sus
South. The southern man ufseturers probably sup
Piled themselves with the material to greater ex
tent early in she season. when prices ruled compare
lively low and they therefore able to their
operations probably while those OF tho North have
been com PEELED to partially suspend Tho Southern
manufacturers have for their particular style Of man
uiAoture the monopoly Of their own markets, aud In
some instances they have been able to
fully in Mort bern markets with Northern manufsc-
nftoH
with manufactures Of their own Industry, that the
markets which have heretofore been OF so much I'm
portance In building up the i'm nense manufacturing
s,tablishmens Of the Norlh have been lost; and the
monopoly which high tariff has heretofore given the
manufacturer, Of New England, can no longer be en-
loved As coon as the south manufacture more largely
for themselves, we shall hear less from the North
about protective tariffs.
The sehuylki Canal will be repaired and In naviga-
bic order again by the 10th Of August. portion of
the work may be in operation sooner The Lehish
Caral between Mauch Chunk aud Eastou, has sustain
ed damages that will require at least three weeks to
repair This will depend In some measure, upon the
time r. qured 10 repair the Delaware division Of the
PennsylvanIa Canal which Is materially damaged and
will be in boating order before the lat Of septem-
Der az least The whole coal trade Of the Lehigh will
be suspended until the canal between Maueh Chunk
and Easton IL repaired. Extensive damage has bsen
done TO the Delaware and Hudson COmpanys Canal
which will require from four to six weeks to repair
and the breaking dam has filed the largest portion
OF their colieres with water. The Wlkesbarrs 9sro-
estimates the loss Of this company by the freshet
at half million dollars taking into consideration, Of
the suspension Of the coal trade from six weeks
81 period Of perhaps two months.
In the schpylkill region, the railroads are In full
operation again but many Of the eoleries below the
water level drowned out and some will not be In
full operation again Tor . week TO which, taken
IN connection With total suspension Of the trade BY
canal for at least two weeks longer, will materially
affect the trade Of that section and Il IL doubted BY
many II can furui.h coal for the balance Of this
year than IL did last year, With all The facilities tina,
be brought into USE under the great depression
which has characterized the trade mp to the present
time We give, In other part % this days paper
full of the coal trade which at this time win
bs interesting 10 and those engaged In thu
trade
The ofacial report Of the State Bank Of Tennessee
and branches for July. 1850 compared With those for
october, lS4s April 1siT, ard Sept 1870, vas q, an
nexed -
BASK on frr rssrr kSn BrAscrrr.
Spt ~, Apri, Ocfy yaiy.