NEW YORK. 



541 



$1,497,894,469.20, showing a percentage of 9 A per 1871.... 160 



cent, upon the valuation of all cities in the State. 1878 '.'.'.'.'.'.'.'.'.'. 7900 



The city of Lockport has no bonded debt, but has a 1873 103,400 



floating debt of $2,794.86. This is the only city J 8 H $1,974,600 



without a bonded debt. The city of Poughkeepsie jSj 3,205,420 



has the largest amount of bonds in proportion to its SKn'mn 



assessed valuation, the debt being 31 per cent, of the 1883 '.'" Mn'mn 



valuations; Oswego comes next, being bonded to 1887 ...I..".'.'."!"""".".."..'!!'." 1 56'> 900 



the extent of 21 per cent, of its valuations; while 1891 a'298,000 



Binghainton and Utica are each bonded to the ex- 



Amount paying interest $11,241,420 



Amount not paying interest Ill 460 



em 01 __ 



--. o - v "nd Total debt .. $11352880 



county debt, without deducting the $23,000,000 in , 



sinking fund, is bonded 101 percent. There are 416 *' ie average rate of interest on this debt is 



u>wns in thu State bonded, and 517 not bonded. 5.9 per cent. These stocks were, on Septem- 



Tbe aggregate indebtedness of those towns amounts her 30 1873 held as follows vir 



to $25,140,181.83. The annual valuation of the towns ' - ' 



^^ass^.aiaiE z%&^~^=^::^% 



bonded. There are sixty-six villages which have a Total $1124142000 



bonded debt, the aggregate of which is 82,204,700.09. ' ' ' ' ' 



There are one hundred and fifty-five villages w hich Th e annual interest on the stock debt, 



report no bonded debt, and in almost every instance ?i nder ( art ' 7> Bec ' 3l of the COU6titn - 



of this kind, the response is accompanied with a Amomt ^^irfWa'ti'miiT^'^U.'^";!^ * 555 . 300 co 



statement that their c iarter forbids the issuing of A ^M^r*ffiS coin aTnine 



id. Thirty-five villages did not respond. per cent, premium 7 49,97700 



The canal system of this State constitutes an ToM $60527700 



important link in the line of transportation The tolls colieci'ed'foriheyea'r ending Sep- 



irom the West to the seaboard, and its man- tember so, 1872, were $3,06032889 



agement is one of the important interests of F ?Ll h !l/ r !; ar ending Sc P lcmber 80 - K < 



the government. The financial condition of 8.021,60367 



this department is also a topic of continual ~. A falling off of. $88,72623 



discussion. The canal debt on the 30th of ^SaS^^^^^^.^ $3078,24796 



September was as follows : For the year ending September 80, 1873, 



Incurred under art. 7, sec. 1, of conrtitu- "" we _W8M04 



$1,106,42000 An Increase of. $420408 



Incurred under art 7, see. 3, of constltu- The expen.es for the year ending Septem- 



Incnrred-nndVr art.-7;.ecV, S ;of cons^ FoT^'y^'eSg SepiembeY 3oV * $1 ' 8W ' 676 " 



oou.uuuuu they were 1,459,16524 



- tn^i^eo Afamngoffof . ~US5rS 



Amounts in sinking funds, September 30. The net revenues for the year ending Sep- 



1873- tembcr 30, 1872, were $1,202,67135 



For the year ending September 30, 1873, 



Under sec. 1. art. 7 $1,086,340 29 they were 1,623,28680 



Under sec. 12, art. 7 443,90094 



An increase of. $420,715 45 



Tola] $1,530,241 SI 



The following statement gives the receipts 



:bt unprovided for. 0,822,638 79 flnd expenditures of each of the canala for ffc 



The certificates of debt mature as follows : year : 



Erie Canal 



Champlain Canal 



Oswego Canal 



Carnga & Seneca Canal 



Chemung Canal 



Chcnaneo Canal 



Black River Canal 



Genesee Valley Canal 



Onelda Lake Cnnal 



Baldvrlnnville Canal 



Hiver Improvement. 

 Seneca River Towing-path.. 



Cayoira Inlet 



Crooked Lake Canal 



$2,710,601 49 



153,417 86 



88,428 13 



22,481 11 



3,664 38 



4,061 22 



10,98889 



26,313 99 



629 57 

 181 48 

 531 05 

 22861 



DISBUESEMEHTS, 



Ordinary Rcpaln. 



$749,977 03 

 234,677 37 

 63,938 81 

 27,143 48 

 37,016 59 

 42.213 12 

 70,668 78 

 111,005 48 



7,325 58 



Total $3,021,527 78 



Total di'bnrsemcnts on all canals In excess of all income 



Total Income in excess of disbursements for ordinary repairs 



$1,373,966 19 



Extraordinary Re- 

 pairs New Work. 



$967,176 89 



562,782 95 



78,880 58 



6,921 06 



15,077 05 



145,297 47 



28,089 46 



.14,797 00 



600 00 



63 78 



265 53 

 8,735 31 



Total. 



$1,717,162 42 



797,460 32 



172,819 39 



31,064 54 



52.093 64 



187,510 59 



98,768 19 



125,802 48 



500 00 



63 78 



265 53 

 11,060 89 



$1,823,685 58 $3,197,551 77 



$176,023 99 

 1,647,661 69 



The following table shows the profit or loss in operating the several canals since 1846, and 

 the total cost of construction of each of the canals up to September 30, 1872 : 



