Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1848-01-29

Goodwin appointed Secretary. S. c. Morton Esq.
read the report submitted by the Directors of the
operations OF the Company for the past year, when
on motion of Mr.. James Barratt, it was ''Resoved,
mat the report just read be adopted and referred to
the next board of Directors with authority publish
the same in the daily papers. On motion, Resolved
mat an election of Directors for the ensuing be
now gone into, whereupon the chairman appointed
Mcssrs. James Barratt and James Devcrcux tellcrs
who, on examining the ballots declared the following
ntlemen unanimously elected, viz: S. G. Morton
Gideon Scul, Vim. S. Smith, Rebeson Lea and Daniel
Haddock, Jr., Esqures. On motion, Resolved, that
the proceedings of this meeting be published in the
daily papers, and on motion, the meeting then ad-
journed.
DANIEL SMITH, Jr., Chairman.
w. M. Goodwin, Secretary.
To The Stockholders Of the Philadeloha and Haure de
Grace Steam IolC- Boat Company
In presenting the Seventh Annual Report. the Di-
rcctors feel pleasure in being able to rciterate the
continued prosperity of the concern The operations
in towing commenced on the 18th of March, and were
continued with very little inteTmssion (eXccpt only
during the prevalence of a storm of several
days duration in Mayo until the 23d day of Dcccm
Der, being later period in the season than we have
been enabled hitherto TO continue running.
The heavy rains which fell during the early part of
October, while they did not injure the Tide Water
Canal caused serious disaster the various branches
OF improvements in this State, and which required
several weeks to put in boatabc order, thus materi
ally abridgng trade at its usual most active
son. Notwithstanding this unfortunate result, your
Directors gratilicd in stating the number of boats
towed to and from our city in lS47 ,3n6, being
94S more than in the previous year Besides which,
pa boats, principally laden with iron, were towed to
Delaware City, and - to intermediate points on the
Chesapeake Bay. For the information of the Stock
holders, the number of boats towcd to and from Havre
de Grace, since the origin of the Company, is here
with appended:
YearS-BOats. YearS-BoatS Boats.
In S4l.....9Gl IS43 =. 1905 1915 =. 1898
1872. ..l3S0 lS44.. .2474 1916. 3S2s
lS47 1906
They also present a statement of the leading arti-
Giles of merchandise shipped hence, as well produce
received in this city, by way of the Chesapeake and
Delaware Canal, and from Il glance at which it will
be seen how important our Company's operations
to the trade Of the Commonwealth and the prosperi-
ty Of own community.
During the past year IT became necessary TO make
aconsdcrablc outlay one of the Company's steam
ers to render her effective for the fall trade, and
contract has recently been entered into for the
structon CT four boilers, to b. placed on board the
"Pcnnsy lvania" prior to the opening of canals the
ensuing spring.
In conclusion your Directors ardently hope that
the same degree of prosperity which has hitherto
marked the course of the Companys operation from
their origin, may be continued through the admins
traton OF their successors; which they doubt not will
be the case, if like policy be adhered to- that has
always governed the actions of those heretofore
trolling its affairs, and the result Of which has been
clearly manifest in the increased commerce of our
city.
SAMUEL C. morton, President
Peter Lesley, Secretary.
Philadelphia, January, lS4S
Produce and Merchandise Transported on the Chcsa-
pcakc and Delaware Canal between Philadrph
and IIavre de Grace during the year 1917: