New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-04
CANAL DEPARTMENT.

ALBANY, Dec. 30, 1871.
To the Legislature of the State of New York:
In compliance with the requirements OF law, the Audor
respectfully submits the following statement Of tho re-
cepts and payments account OF the canals, ana the
debt and tho balances OF the funds hand and In
the Treasury repositories Of th same, and the con
don thereof at tho close OF the fiscal year ending Sept
80 1871.
REVENUES AyDTExPyyDTTURRs or THE FISCAL YEAR
Statement Of the revenues the canals with the ex-
penses OF collecting tho tolls and ordinary repas dur
ing the fiscal year ending sept 80, 1871
Reeipt& .o,,.ss
Tolls s1SlIs9 -
Rent Of surplus o 1T 90
isere,, current E 9Pi rs
Miscellaneous ece S'0'
s2s0,sas o.
Paym,ns for Ordinary Repairs
To Canal Commissioner for ordinary re,
To contractor. for repairs. ..... siscas d
To super Dtendents for ordinary -
repairs ''l'1o I"
Total expenditure ordinary repairs, slaseS7 IS
inspectors. and expenses Of col -
To wei master, master, and assistants. TGi "a
Total for collecting revemes..... iO'Cs si
For salsnos chargcalle to the annual rev
enue, refunding tolls printing and other ~ . .,,- =.
miscellaneous payments 1891 -lool Oh -
slIn,91s SO
Reserve for payment Of appropriations rzder act chapter
65J Laws Of BILL |"<4 Vi
Surplus Of the canals for the aa ending %
Sept 3D. p9lsS %
This surplus revenue amounting to $751; g. has been
appropriated and set apart in accordance with the pro-
visions article of the Constitution TO Sinking
Fund, under section two.
SUMMARY STATEMENT.
The financial condition of the canals for the last fiscal
year ia ~ follows:
Balance the Treasury and invested Oct 1870 s27M 81
Received from ali during the fiscal ending Sept
w. oSoo' W
$g7Co.3os 2
Paid during the 52oO6a rs
Leaving balance Sept 3d. 1871 $3.50 GIT o.
Said balance invested and deposited follows viz:
Amount invested O s. oo 5000
Real estate, SC, Bank Of Corning. 37S
s4,ss9sl7 o.
Canal debt paying Interest Sep. 30, 18Th
Under article = section J. Of the Constitution O642o 1921
Under article section of the Constitution 92sSOo S%
SiI,s8,4aO s7O6,sai
Debt after Balances Of Sinking Funds haze been applied
The application of the balances Of the several sinking
funds which now in the treasury and temporarily
invested to the payment OF the Canal Debt, would re-
duce 1t as follows:
ing 1e'i iaDds o. sept sept Balance of
Toll Can Debt temporary in' plying snAg
Sept. 30 II. TesmentA funds
OFT Of the coS.iuioS ~ $lOsssO 90 stlgossl sc ..
Of the Ss9 co1sdGoo o28sOsO 90 ... saassOO 90
H. Of the CONSTITUTION lS75eoO 90 s7,Ol S es7sss 81
Toa...........sI06s58 $50 90 s2OlO9og % sss25sa ca
4 section 27Oll So
1885 5s7 Os |
ADD deficiency Sinking under article sections 676 IS
Debt after applying all the sinking funds...... sl0J $50 70
CANAL DEBT OUTSTANDING.
The unpaid and outstanding canal debt on tho 30th OF
September last and for which certificates of stocks have
been issued, Is sll. 966,6sO maturing as follows: in
W. NEUTRALITY-SUSPICIOUS.. s22s7sO
lg7l Observation-Disclosures. hl5OlO0
1874 NEUTRALITY-SUSPICIOUS.. 32Oji2O
iy75 Observation-Disclosures. 4HWO
l3I7 Observation-Disclosures. eS0UO
Amount paying interest 5lI,N6,fD
Anonnt moi na wing loo
Total debt Observation-Disclosures, @llg659o
The Ofinteres this debt Is 9OO per cent
the 0h OF September 1911 held a. follows "
In the limited states 40
In foreia 2O49go
Slts66.s2o
tn. annual interest stock debt under article T.
3 OF the Constitution, SS01OO
A dSf sqtm,upS com A. 10 Der cent DreIn1n ssTO