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60 miles, and the Conneaut Line thence to Lake Erie, 46 miles. The ascent from the Newcastle pool to the summit is 288 feet, overcome by 44 locks, and the descent thence to the Lake 510 feet, overcome by 71 locks-making a total lockage of 798 feet.

The "French Creek Division " included the French Creek Feeder and the Franklin Line. The former extends from the head of navigation in the pool of Bemus Dam, 3 miles above Meadville, to the junction with the Erie Extension, and has a length including Conneaut Lake of 27 miles. The Franklin Line (now abandoned) extended from the feeder aqueduct over French Creek, 7 miles below Meadville, to Franklin on the Alleghany River. The surface of the aqueduct is level with the Conneaut Reservoir when full, and 510 feet above Lake Erie. The length of this canal was 22.25 miles, with a lockage of 128 feet.

The Beaver Division was completed in 1833, and the French Creek Division in 1834. The Erie Extension, between the pool above Newcastle and Greenville, and a part of the Shenango Line, were brought into use in 1843-4. The remaining sections to Lake Erie were completed by the present company in 1845. The total expenditures by the State on these works amounted to $4,533,291, viz: on the Beaver Division, $519,364; on the Erie Extension, $4,196,148, and on the French Creek Division, $817,779.

Under the provisions of the act of 1843, the State may resume possession of these canals on the re-payment to the company of the moneys expended on their completion, and such additional amount as may equal 8 per cent. per annum thereon.

SHARE CAPITAL-$58,000, 1,160 in $50 shares.

FUNDED DEBT-$913,990: classified as follows

1st Mortgage, 7 per cent., bonds..

Interest Certificates at 5 per cent..

-issued in 1845 for the completion of the work.

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-issued in 1850 for payment of interest to the 1st January, 1850.

-$752,000

-$161,990

The payment of the interest on both bonds and certificates has been made very irregularly and there is now outstanding on this account $556,715. From this amount may be deducted $25,000, appropriated for the payment of 3 per cent. on the outstanding bonds and certificates for the year 1859. The indebtedness of the company on the 1st Jan., 1860, is shown thus: Amount, as per report, 1st January, 1859..

Debt cancelled in 1859...

Add interest on bonds and certificates outstanding.··

Deduct interest, previously appropriated, paid in 1858 and 1859...

Present amount of indebtedness...

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INCOME ACCOUNT FOR THE YEARS 1857, '58 AND '59.

1857.

1858. 1859.

Disbursements

1857.

$1,457,170

44,564

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1858. 1859.

.$79,547 $68,323 $93,817 | Repairs and supervision $55,470 $75,137 $49,695
Incidental expenses.
5,573 5,573 5,583
1,448
Earnings less expenses. 17,056

1,934

1,971

Salaries. . . . .

143

12.696

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RECEIPTS AND EXPENSES OF THE SEVERAL SECTIONS 1857-'59.
-Beaver Division-
--Chenango Line- Conneaut Line-Fr.Creek Feeder
Revenue. Expenses. Revenue. Expenses. Revenue. Expenses. Revenue. Expenses.

Year.

1957 .... .$16,634 $6,883

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1858

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1S,394 23,598

4,367
6,717

35,076

16.057

13,741

19,889

1,112

6,156

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4,505

3 years..$58,626

$17,967 $124,260 $16,263 $53,582 $63,779 $3,701 TREASURER'S BALANCE SHEET, 1ST JANUARY, 1860.

$19,421

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No general balance sheet is published. The cost of the work can only be approximately stated by adding the amount of the share capital and bonds issued by the company to the cost of the canals to the State.

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CAPITAL, COST OF WORKS, EARNINGS, EXPENSES, ETC., YEARLY.

-Capital Account

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1847

58,000 737,764

795,764

5,100,000

163 33,557 35,431

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WICONISCO CANAL.

LENGTH-Wiconisco Creek to Duncan's Island................

66

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..12.25 miles

The Wiconisco Canal was constructed by the Commonwealth as a feeder of the Eastern Division of State canals. It extends from Wiconisco Creek, at the western terminus of the Lykens Valley, Railroad, to the pool of Clark's Ferry Dam, at Duncan's Island. The descent on this distance is 35 feet, which is overcome by 14 lift locks. In 1845 the canal, then about completed, was transferred to the Wiconisco Canal Company, by which it has been used chiefly for the conveyance of coal from the Lykens Valley mines.

PENNSYLVANIA PUBLIC WORKS.
(Now in the possession of incorporated companies.)

.. 81.00 miles.

MAIN LINE-Columbia Railroad: Philadelphia to Columbia.....
Eastern Division of Canals: Columbia to Duncan's Island..
Juniata Division of Canals: Duncan's Island to Hollidaysburg.....127,00
Alleghany Portage Railroad: Hollidaysburg to Johnstown.
Western Division of Canals: Johnstown to Alleghany City..

Total length of main line.....

46.00 66

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41.00

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.104.00

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......163.00 miles.

LATERAL LINES-Erie Extension of Canals, including the Beaver Division,
the Shenango and Conneaut lines, the French Creek
Division, and the Franklin line....
Susquehanna Division of Canals: Duncan's Isl'd to Northumberland 41.00 แ
West Branch Division of Canals: Northumberland to Farrandsville,

including Bald Eagle and Lewisburg Side-Cuts.... 80.50
North Branch Div. of Canals: Northumberland to Lackawanna Creek 72.50
Upper N. Branch Division of Canals: Lackawanna to N.Y. State line 94.25
Wiconisco Canal: Millersburg to Duncan's Island......
Delaware Division of Canals: Easton and Bristol..

Total length of lateral lines...

Grand total of railroad and canal mileage..

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These works were principally brought into use in 1830. The railroads were not completed until 1833-4.

The whole have now been sold and transferred to incorporated companies. The Erie Extension Canal was transferred to the Erie Canal company in 1845; the main line to the Pennsylvania Railroad company in 1857, and the lateral canals to the Sunbury and Erie Railroad company in 1858. The Wiconisco Canal had been transferred to a private company when yet incomplete.

The cost of these works to the State, up to the period of the several transfers, was as follows:

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A large amount of money was also expended on works now abandoned (say $6,000,000), and on the bonds of companies guaranteed by the State (say $500,000), and the difference between the net earnings of the works and interest paid has been about $30,000,000. With these the total outlay of the State, on account of its public works, has been about $68,500,000. The total amount realized from the sale and transfer of the works has been less than one fifth of this sum.

See ERIE CANAL; PENNSYLVANIA RAILROAD; SUNBURY AND ERIE RAILROAD; DELAWARE DIVISION CANAL; WYOMING CANAL; WEST BRANCH AND SUSQUEHANNA CANAL; NORTH BRANCH CANAL, and WICONISCO.

STATEMENT of the Revenue and Expenses of the Main Line of the Public Works of Pennsylvania from 1830 to 1857.

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Total 12,300,552 7,498,133

* Damages by sparks from locomotives. † Cost of repairing the Huntingdon breach, 1838. Not including State Tax on the Tonnage of the Pennsylvania Railroad. The Revenue and Expenses from 1st December, 1835, to 31st July, 1857. NOTE.-The mileage and cost refer to the year 1857.

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STATEMENT of the Revenues and Expenses of the Lateral Canals of the State of Pennsylvania from the completion of the several works to the date of their sale and transfer :

YEAR.

DELAWARE DIVISION. SUSQUE'NA DIVISION. NORTH BR'CH DIVISION. WEST BR. DIVISION.
FRENCH CREEK DIV. TOTAL OF LATERAL CANALS
60 miles-Cost $1,543,763.41 miles-Cost $897,160 73 miles-Cost $1,623,11776 ms-Cost $1,833,183 30 miles--Cost $519,364 49 miles -Cost $817,779

BEAVER DIVISION.

Revenue.

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Expenses. Revenue. Expenses. Revenue.
$9,365
$8,379
899 76,525 2,215 16.322
8,043 51,715 5,748 65.056
44,825 78,354 7.671 77,094

Expenses. Revenue. Expenses.

Revenue. Expenses.

Revenue. Expenses.]

329 miles-Cost $7,234,366.

Revenue. Expenses.

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3,416

23,217

28,116

7,913

55,912

214,694

1834.. 1835.. 56,281 27,493

57,135 46,049

11,431 43,278

3,915

48.0831

30,158

555

336

17,539

73,372 185.107

16.083

12,967

5,721

24,662

5,496

26,000

2,221

3.194

884

19,100

86.686 113,416

1836.. 57,175 40,630

13,029

2,155

9,824

9,528

3,992

36,116

504

32,265

388

30.229

84,912

150,923

1837.. 90,155 28.096

16,296

10,32!

10.850

13.412

4,708

32,443

1,784

28,199

1,079

19,065

124.872

131,536

1838..

72,133

39,782

20,791j

17,702

8.816

15,903

9,300

39,199

1,202

11,139

555 10,107

112,797

133,852

1839.. 98,240

82,410

22,269

4,201

10,181

11,510

12,852

19,834

2,032

7,140

981 4,060

146,555 129,455

1840..

111,735

85,759

30 127

32,886

14,165

110,079

29,003

72,926|| 3,192 49,740

645

16,263

187,967

367,653

1841..

64.975

109,339

26,692

17,084

29,669 79,425

24,952

57,782

6,379

24,873

340

8,383

152,971 296,886

1842..

73,228

145,493

17,460

42,435 39,590

84,075

16,043

38,663

6,580 12,084

516

4,5851

153,417

327,335

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1843.. 109,845 17.505 28,814 18,518 33,148 114.556 1844. 51,031 29,234 29,689 30.768 1845.. 111,452 39.951 80,219 35,060 29,477 15,802 1846.. 164,203 44,019 23,632] 43,513 89,269 30,347 45,156 22,762 1847.. 164,153 16,187 25,909 18,944 124,184 36,279 43,329 18.989 1848.. 160,223 19,539 26,262 15,230 120,842 11,505 38,578 58,827 1849.. 202,505 28,053, 27,264 11,646 116,552 22,182 1850.. 200,719 43,265 26,073 14,406 102,026 1851.. 256,213 49,357 32,422 23,368 149,683 1852.. 260,037 40,697 33,548 32,077 136,621 28,962 55,951 1853.. 247,919 86,847 38,928 25,620 234,590 26,889 68,329 1854... 377,663 75,979 42,236 27,747 225,972 45,245 62,816 1955.. 392.673 71,091 75,623 39,664 251,992 47,699 1856.. 349,922 83,159 64,662 45,234 270,355 53,293 224,329 1857.. 60,730 59,368 52,978 1858.. 32,141 26,117

33,094

6,076 10.369

2,592

178,308

114,429

32,704

6,536

27,385

796

221,464

161,931

26,514)

1,251

3,972

97

1,219

243,710

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Total.. $4,123,377 1,572,560]

724,092 806,640

2,301,979 1,044,381| 692,995 1,043,695 38,312 210,360] 5,820 143,912

70,335 108,073

8,086,575 4,821,548

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