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Updated: June 16, 2025
He estimates the cost of a lock canal at $375,000,000; of a sea-level canal, $563,000,000. This year a mud scow passes through the canal from the Atlantic to the Pacific. 1914 January 7, the steam crane boat Alexander la Valley, 1200 tons, makes the passage the first vessel by steam.
The total revenue realized from the commencement of its operation, on the 1st of December, 1846, until the close of the last quarter, on the 30th of September last, being twenty-two months, was $56,654,563.79, being a much larger sum than was ever before received from duties during any equal period under the tariff acts of 1824, 1828, 1832, and 1842.
There are six chartered under the laws of Massachusetts, and twenty-six of those organized in other States are doing business in this Commonwealth, These companies had in force, November 1, 1865, 211,537 policies, assuring the sum of $563,396,862.30. In 1830 the New York Life and Trust Company was the only life assurance company in New York.
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