(Table 38, pp. 230, 231.) The value of the freight of these
roads in 1860 was $500,524,201. (P. 105.) The number of miles of
railroad in Maryland at the same time was 380, the cost of construction
$21,387,157, and the value of the freight (at the same average rate)
$141,111,348, and the difference in favor of Massachusetts $359,412,883.
The difference must have been much greater, because a much larger
portion of the freight in Massachusetts consisted of domestic
manufactures, worth $250 per ton, which is $100 a ton above the average
value.
The passengers' account, not given, would vastly swell the difference in
favor of Massachusetts.
The tonnage of vessels built in Massachusetts in 1860 was 34,460 tons,
and in Maryland, 7,798 tons. (P. 107).
The number of banks in Massachusetts in 1860 was 174; capital,
$64,619,200; loans, $107,417,323. In Maryland the number was 31;
capital, $12,568,962; loans, $20,898,762. (Table 34, p. 193.)
The number of insurance companies in Massachusetts, 117; risks,
$450,886,263. No statement given for Maryland, but comparatively very
small, as the risks in Massachusetts were nearly one sixth of all in the
Union.
Our exports abroad, from Massachusetts, for the fiscal year ending 30th
June, 1860, were of the value of $17,003,277, and the foreign imports
$41,187,539; total of imports and exports, $58,190,816; the clearances,
746,909 tons, the entries, 849,449; total entered and cleared, 1,596,458
tons.
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