174 MEMOIR OF THE Resolved, That a line of water pipes be laid through Christopher-street, from Hudson-street to Sixth avenue also, through Clarkson-street, from Hudson to Varick-street, ;

through Varick to Hammersley, through Hammersley to intersect with pipes already laid in Houston-street, also through Houston-street from Hudson-street to Greenwich-lane, and through Greenwich-lane to the Sixth avenue, and that the Water Purveyor be authorised, under the direction of the Joint Committee on Fire and Water, to advertise for estimates for the necessary pipes and fixtures, to lay the same agreeably to the Water Commissiorir ers' map.

In order, moreover, to comfirm confidence in stocks issued for the Water Stock, they adopted this resolution in June :

EXTRACT OF A LAW OF THE CORPORATION, ENTITLED " A LAW PROVIDING FOR THE REDEMPTION OF THE CITY STOCK." 2. All revenue to be received for water, to be procured by the works for supplying the city of New York with pure and wholesome water, and furnished to the inhabitants of said city, is especially pledged and appropriated as a Sinking Fund towards .the " redemption of The Water Stock of the City of New York."

Approved by the Mayor, June 19, 1839.

During the next six months, until 31st December, the contractors seem to have pressed forward their work with undiminished zeal, having in their employment, on an average, from 3000 to 4000 men. The expenditures during the year, reached the great amount of $2,300,438, and at the close of it the following results appeared :