CITIES, AMERICAN. (TORONTO.) 



131 



389,754. The taxes in 1874 yielded $608,475. 

 In 1886 the total revenue was $1,595,550, of 

 which taxation at the rate of 16 mills con- 

 tributed $1.134,958. The imports for 1885-'86 

 valued $18,301, 177, of which $7,332,156 were 

 from the United States. The exports for the 

 same year, as officially reported, were $3,095,- 

 800, of which $2,139,414 went to the United 

 States. The value of manufactures, according 

 to the census of 1881, was $19,100,116, the 

 chief items being boots and shoes, furniture, 

 clothes, whisky, and ale. The amount of 

 capital invested is $11,502,210; the number of 

 hands employed, 12,708; the amount of yearly 

 wages, $3.721,361. The total failures in To- 



annually by a vote of the rate-payers. The 

 city has a fire-alarm telegraph, telephonic sys- 

 tem, paid fire-department, and street-railways. 

 The water-work system is owned by the city ; 

 the revenue of this department in 1886 was 

 $315,227, and the expenditure $196,495, ex- 

 clusive of payments made on account of water- 

 works' debt ; the amount of the indebtedness 

 of the department is $2,530,205, exclusive of 

 $350,000 which the city has just decided (1887) 

 to expend in improving the system, Surveys 

 are being made at present with a view to se- 

 curing water by a system of gravitation from 

 lakes to the north of the city ; this scheme, if 

 carried out, will cost $5,000,000 or $6,000,000. 



BRANCH OF MONTREAL BANK, TORONTO. 



ronto in 1886 were 86. with estimated liabili- 

 ties of $1,048,509 and assets of $528,359. The 

 total number of letters delivered from the To- 

 ronto post-office in 1886 was 9,776,509, besides 

 2,592,380 newspapers; the total number of 

 letters, books, post-cards, circulars, etc., posted 

 at Toronto in the same year was 21,024,824. 

 There are ten banks having headquarters in 

 this city, and brandies of four Quebec and 

 Montreal banks. The branches of the Montreal 

 Bank and Quebec Bank have recently erected 

 new and handsome buildings; that of the first- 

 named institution is one of the most complete 

 and thoroughly equipped bank-buildings in the 

 Dominion, the pity is divided into twelve 

 wards, each of which elects three aldermen 

 and two school trustees. The aldermen are 

 vested with legislative and executive powers, 

 and oa- lagistrates if possessed of legal 



property qualification. The mayor is elected 



The city is abundantly supplied with educa- 

 tional institutions, many of which form also 

 the principal public buildings. The University 

 of Toronto, erected in 1859 for $900,000, is 

 controlled by the Ontario Government, and 

 has been conducted hitherto at a cost of about 

 $13,000 annually. By an act passed at the last 

 session of the Ontario Legislature it was ar- 

 ranged to federate with Toronto University 

 Victoria University, Cobourg, a Methodist in- 

 stitution, as the first step in a contemplated 

 complete scheme of university federation for 

 the province. At the same time it was decided 

 to establish a medical faculty in connection 

 with the university. In consequence of tho 

 proposed extension of this institution by fed- 

 eration, the endowment will be increased from 

 $78,000 to $100,000, $15,000 of the increase 

 to come from tho endowment fund of the 1'p- 

 per Canada College, another institution under 



