New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-09-08
sl7e.925 81
.s24f.02l 70


This shows reduction during tho month OF $69,99o 50
which proves to be slight improyementupon the reduc
ton OF July last The total falling of during the year
$107, 1888 A, although the canals opened two weeks
earlier this year than they did last Upon the ratio
indicated by this figure the total reduction for the entire
season. estimated at the auditors office, will be from
to $4,000 upon the total tolls of last year.
The most equitable comparison to be made OF this reduc-
ton with previous years win be with those OF 1874 and
1873 az the tolls although higher than now, were the
same In those years. and were not tine
same in 1874 and 1915. In the year
1874 the reduction upon the Tolls OF 1878
was 3d. and at that time although the effect Of
the panic was very immediate in year and the panic
had not yet been felt other. the railroad compe-
ton was by no means sharp present. and no such
general depression of business prevailed. An instance
OF the effects Of the railroad competition Is maze more
evident by a comparison OF freight rates during the
month August Just ended On the canals the rate Tor
wheat averaged $50 cents aud for corn 5s CENTS wnle
on the railroad 1t has been cents on wheat and Dig
cents on corn an approximation Of rates between the
railroads and the caDalbOats never before known, al
though tho difference time of transportation from Buf
alo to NewYOrk IL Ave days In favor OF the rail-
roads. The opinion OF the most competent experts IN
such matters leads TO the belief that the main cause
the reduction lies In the depression OF business among
all classes and that legislation for even lover TOLLS
which Is strongly discussed can remedy the evil. The
are receiving their full quota OF the freight offered the
railroads suffering upon the freghtage OF last year quito
as great a reduction as the canals.
The report of the Canal Department which Mr..
Schuyler has just published contains some interesting
statements concerning the commerce upon the canals
Tie to oil tonnage upon all property shipped on the
canals in 1873 less by nearly million dollars IMAM
year previous aud less by much more than that
amount upon the previous back to ana including
1866 The total quantity OF wheat and Hour goiug cast
ward from Buffalo I'm S75 exceeded largely amount
In pro years since 1863 except in 1874 when TIC
amount exceeded that of the year 1873 by 10000 tons
Mo- nans may veil inquire whether this Is the begin
nj, of reaction which will leave New-fork CITY en-
trely berctt Of imports of wheat and corn from
western states Tho number OF boats built and regis
tered In 1879 was 02, the smallest number ever Dullt
and reg stored in any year since 1874 The average
tonnage Of boats has been increased steadily since 1872
when It was A. 1873 when II reached 2l3, being re-
Guced 10 1877 1874 and reminding at that rate In 1879
curious table that showing the number OF days re-
ouired for trip between Buffalo and Albany. In 1896
ns was rated at zig days. In 1860 at B2 In 1863 nj 10
and in 1875 "a it mad been for years previous, az
H. Why the trip should consume more time IS prOb~
lem The cost OF tolls and freight barrel OF flour
from Buffalo Albany, which IL cents In lS4o and
II cents 1917 has since fuctnaed between 81 and
90 cents until last year when IL reached us very lowest
figure, % cents.